nvcsr

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, 2008

Date of reporting period: November 1, 2007 — October 31, 2008

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. § 3507.

The Hartford Mutual Funds, Inc.

The Hartford Mutual Funds II, Inc.

Table of Contents


Manager Discussions (Unaudited)		2
The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. Financial Statements
Schedule of Investments at October 31, 2008
The Hartford Advisers Fund		113
The Hartford Balanced Allocation Fund		118
The Hartford Balanced Income Fund		119
The Hartford Capital Appreciation Fund		128
The Hartford Capital Appreciation II Fund		131
The Hartford Checks and Balances Fund		136
The Hartford Conservative Allocation Fund		137
The Hartford Disciplined Equity Fund		138
The Hartford Diversified International Fund		140
The Hartford Dividend and Growth Fund		147
The Hartford Equity Growth Allocation Fund		149
The Hartford Equity Income Fund		150
The Hartford Floating Rate Fund		152
The Hartford Fundamental Growth Fund		161
The Hartford Global Communications Fund		163
The Hartford Global Equity Fund		165
The Hartford Global Financial Services Fund		171
The Hartford Global Growth Fund		173
The Hartford Global Health Fund		175
The Hartford Global Technology Fund		177
The Hartford Growth Allocation Fund		179
The Hartford Growth Fund		180
The Hartford Growth Opportunities Fund		182
The Hartford High Yield Fund		184
The Hartford High Yield Municipal Bond Fund		189
The Hartford Income Allocation Fund		195
The Hartford Income Fund		196
The Hartford Inflation Plus Fund		205
The Hartford International Growth Fund		207
The Hartford International Opportunities Fund		209
The Hartford International Small Company Fund		211
The Hartford LargeCap Growth Fund		214
The Hartford MidCap Fund		217
The Hartford MidCap Growth Fund (formerly The Hartford Select MidCap Growth Fund)		219
The Hartford MidCap Value Fund		222
The Hartford Money Market Fund		224
The Hartford Retirement Income Fund		226
The Hartford Select MidCap Value Fund		227
The Hartford Select SmallCap Value Fund		230
The Hartford Short Duration Fund		236
The Hartford Small Company Fund		241
The Hartford SmallCap Growth Fund		246
The Hartford Stock Fund		251
The Hartford Strategic Income Fund		253
The Hartford Target Retirement 2010 Fund		261
The Hartford Target Retirement 2020 Fund		262
The Hartford Target Retirement 2030 Fund		263
The Hartford Tax-Free California Fund		264
The Hartford Tax-Free Minnesota Fund		267
The Hartford Tax-Free National Fund		269
The Hartford Tax-Free New York Fund		274
The Hartford Total Return Bond Fund		276
The Hartford U.S. Government Securities Fund		286
The Hartford Value Fund		288
The Hartford Value Opportunities Fund		290
Statements of Assets and Liabilities at October 31, 2008		292
Statements of Operations for the Year Ended October 31, 2008		312
Statements of Changes in Net Assets for the Years Ended October 31, 2008 and October 31, 2007		322
Notes to Financial Statements		341
Financial Highlights		393
Report of Independent Registered Public Accounting Firm		422
Directors and Officers (Unaudited)		423
How to Obtain a Copy of the Funds’ Proxy Voting Policies and Proxy Voting Records (Unaudited)		425
Quarterly Portfolio Holdings Information (Unaudited)		425
Federal Tax Information Notice (Unaudited)		426
Expense Example (Unaudited)		432
Approval of Investment Management and Sub-Advisory Agreements (Unaudited)		440

The Hartford Advisers Fund

(subadvised by Wellington Management Company, LLP)

Barclays Capital Government/Credit Bond Index is an 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.

Investment objective — Seeks maximum long-term total return.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Advisers A#		7/22/96		-33.24	%		-1.29	%		0.43	%		4.06	%
Advisers A##		7/22/96		-36.91	%		-2.40	%		-0.14	%		3.58	%
Advisers B#		7/22/96		-33.74	%		-2.04	%	NA*			NA*
Advisers B##		7/22/96		-36.66	%		-2.38	%	NA*			NA*
Advisers C#		7/22/96		-33.62	%		-1.94	%		-0.23	%		3.36	%
Advisers C##		7/22/96		-34.21	%		-1.94	%		-0.23	%		3.36	%
Advisers R3#		7/22/96		-33.39	%		-1.14	%		0.77	%		4.43	%
Advisers R4#		7/22/96		-33.16	%		-1.03	%		0.83	%		4.48	%
Advisers R5#		7/22/96		-32.96	%		-0.92	%		0.88	%		4.53	%
Advisers Y#		7/22/96		-32.91	%		-0.88	%		0.90	%		4.55	%


#		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)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date. 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


Steven T. Irons, CFA Senior Vice President, Partner		John C. Keogh Senior Vice President, Partner		Peter I. Higgins, CFA Senior Vice President		Christopher L. Gootkind, CFA Vice President

How did the Fund perform?

The Class A shares of The Hartford Advisers Fund returned -33.24%, before sales charge, for the twelve-month period ended October 31, 2008, versus the returns of -36.08% for the S&P 500 Index, -1.06% for the Barclays Capital Government/Credit Bond Index (formerly Lehman Brothers Government/Credit Bond Index) and -30.99% for 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in history. After a positive start to the year, global equity markets stumbled as a widespread contraction in credit led to major changes in the financial landscape. These included the near collapse of the large investment bank Bear Stearns, government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy weakened further, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, investors sought to shed risk, punishing equity

securities broadly, and sought refuge in the safety of government bonds. The credit crunch intensified as lending standards tightened and broad-based de-leveraging occurred. During the period, the U.S. Federal Reserve cut the federal funds rate by 350 bps and introduced a number of liquidity programs in an effort to alleviate pressures in the fixed income markets and renew investor confidence. Treasury yields moved substantially lower and the yield curve steepened (i.e. short and long term interest rates moving farther apart) by 188 bps between 2-year and 10-year issues. Amid this flight to quality, all non-Treasury sectors posted negative excess returns, underperforming Treasuries.

Equity markets as measured by the S&P 500 Index returned -36.1% during the period, as all sectors within the Index posted double-digit declines. Financials (-52%), Information Technology (-41%), and Materials (-41%) were the biggest laggards, while traditionally defensive sectors Consumer Staples (-12%) and Health Care (-24%) declined the least. The bond market, as measured by the Barclays Capital Government/Credit Index, returned (-1.1%) during the period.

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, the equity portion and the fixed income portions of the Fund both underperformed their respective benchmarks. Asset Allocation detracted from the Fund’s performance as the Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) to lagging equities and underweight (i.e. the Fund’s sector position was less than the benchmark position) to fixed income hurt relative (i.e. performance of the Fund as measured against the benchmark) returns.

Equity underperformance versus the benchmark was driven by security selection, which was weakest in Financials, Health Care, and Materials. Sector positioning, which is a result of bottom-up (i.e. stock by stock fundamental research) security selection, also detracted from performance as an overweight to the strong performing Health Care sector was more than offset by the Fund’s underweight exposure to Consumer Staples and overweight to Financials.

Stocks that detracted the most from the equity portion of the Fund’s relative returns during the period were Washington Mutual (Financials), Lehman Brothers (Financials), and Suntech Power (Industrials). Shares of consumer and small business banking company Washington Mutual fell significantly early in the year on fears that the losses it would incur on its residential real estate portfolio could force another dilutive capital raise and depress earnings for the next several years. We believed the company had substantial resources to weather the current environment and absorb the coming losses through the credit cycle. However, the FDIC forced the company’s hand by publicly expressing concern about the quality of their mortgage assets and by facilitating an acquisition by JP Morgan Chase to minimize future risk to FDIC insurance assets. Investment bank Lehman Brothers’ shares collapsed as the company fell victim to the financial crisis during the third quarter; lack of confidence, a liquidity crisis, and inability to attract a partner ultimately led to the firm’s demise. Suntech Power, a China-based solar energy company, saw its shares fall after the company lowered its first quarter and full-year revenue guidance below consensus estimates due to higher silicon costs and a negative weather impact. Significant detractors from absolute (i.e. total return) equity returns also included General Electric (Industrials) and Goldman Sachs (Financials).

Top contributors to equity performance, on a relative basis, during the period included Delta Air Lines (Industrials), Citigroup (Financials), and Shionogi (Health Care). Shares of Delta Air Lines rallied on falling oil prices in the third quarter. The Fund’s underweight position in global financial services firm Citigroup helped relative performance as the company’s shares declined amid the ongoing credit crisis. Shares of Shionogi, a Japanese pharmaceutical company, rose after the company reported steady earnings growth driven by sales of cholesterol lowering drug Crestor and allergy drug Claritin. The Fund’s holdings in leading seismic technology and oilfield services provider Schlumberger (Energy) and telecommunications hardware maker Qualcomm (Information Technology) also contributed positively to the equity portion of the Fund’s absolute returns.

The fixed income portion of the Fund underperformed its benchmark primarily due to its overweight allocations to spread sectors (i.e. those that offer yield premiums over Treasuries). The Fund’s allocations to mortgage-backed securities (MBS), in particular non-agency MBS, commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS), and overweight to corporate bonds all detracted from relative results. During the twelve-month period, mortgage-backed pass-through securities underperformed duration-equivalent Treasuries due to increased interest rate volatility and a lack of market liquidity, which led to forced selling of even higher quality assets. Non-agency MBS also suffered in this environment as the liquidity premium atop of elevated risk aversion pushed valuations materially lower. Commercial mortgage-backed securities (CMBS) posted negative excess returns for the twelve-month period as recession concerns and increased shorting of the CMBX derivative index put downward pressure on all CMBS valuations. Corporate spreads widened (i.e. short and long term interest rates moving farther apart) amid growing risk aversion, a lack of liquidity, and the largest bankruptcy in corporate bond history, Lehman Brothers. The Fund’s overweight positioning in these sectors detracted from relative performance. In addition, the Fund was positioned with an overweight to corporate debt issued by Financials, in particular Diversified Brokers. Financial issuers, at the epicenter of the credit crunch, underperformed and the Fund’s credit security selection had a negative impact on relative results.

What is the outlook?

We believe that recent government intervention will reduce systemic risk. However, the U.S. economic slowdown will persist and risk of further downside surprises in growth remains.

The equity portion of the Fund is managed with a large cap, core approach. We apply a bottom-up investment process in constructing a diversified portfolio. We look for companies that exhibit the following qualities: industry leadership, strong balance sheets, solid management, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. At the end of the period, our bottom-up investment approach resulted in overweight exposures in Information Technology, Financials and Consumer Discretionary, as we found a number of attractive investment opportunities in these sectors. The Fund’s largest underweights relative to the S&P 500 Index were in Consumer Staples, Utilities, and Telecommunication Services.

The fixed income portion of the Fund is currently positioned with a neutral duration (i.e. sensitivity to changes in interest rates) posture. We expect the global slowdown will lead to further write-downs and deleveraging for corporations as the financial system struggles to raise new capital. Profits will be pressured amid slower growth. Valuations, however, are attractive with spreads at levels wider than past recessions, and we are positioned with an overweight to the credit sector. Government initiatives are focused on the mortgage sector and mortgage spreads continue to be attractive relative to Treasuries. The Fund is positioned with an allocation to MBS pass-throughs and select non-agency MBS, where the liquidity premium is high relative to fundamentals. In the CMBS market, wide spreads reflect deteriorating fundamentals. We continue to believe that there is strong collateralization in senior CMBS tranches. These securities are priced for high levels of losses and we believe that the implied loss levels are too severe.

The equity and fixed income managers will continue to work collaboratively to make decisions regarding portfolio weights in stocks, bonds, and cash. As of October 31, 2008, the Fund’s equity exposure was at 69% compared to 60% in its benchmark and at the upper end of the 50-70% range.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.4	%
Banks		1.8
Capital Goods		3.9
Commercial & Professional Services		1.0
Consumer Cyclical		0.5
Consumer Staples		1.3
Diversified Financials		10.3
Energy		9.3
Finance		11.3
Food & Staples Retailing		2.9
Food, Beverage & Tobacco		2.4
General Obligations		0.4
Health Care		0.7
Health Care Equipment & Services		2.4
Household & Personal Products		0.5
Materials		2.6
Media		3.3
Pharmaceuticals, Biotechnology & Life Sciences		7.1
Retailing		3.7
Semiconductors & Semiconductor Equipment		3.6
Services		0.5
Software & Services		4.5
Technology		1.7
Technology Hardware & Equipment		5.6
Telecommunication Services		0.8
Transportation		3.5
U.S. Government Agencies		2.7
U.S. Government Securities		8.8
Utilities		1.2
Short-Term Investments		3.7
Other Assets and Liabilities		(2.4	)

Total		100.0	%

Distribution by Security Type
as of October 31, 2008


	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		3.0	%
Common Stocks		68.9
Corporate Bonds: Investment Grade		14.9
Municipal Bonds		0.4
U.S. Government Agencies		2.7
U.S. Government Securities		8.8
Short-Term Investments		3.7
Other Assets and Liabilities		(2.4	)

Total		100.0	%

The Hartford Balanced Allocation Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital U.S. Aggregate Bond Index is an unmanaged index and is composed of securities from the Barclays Capital Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Securities 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.

Investment objective — Seeks long-term capital appreciation and income.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Balanced Allocation A#		5/28/04		-29.35	%		0.18	%
Balanced Allocation A##		5/28/04		-33.23	%		-1.09	%
Balanced Allocation B#		5/28/04		-29.95	%		-0.59	%
Balanced Allocation B##		5/28/04		-33.19	%		-0.98	%
Balanced Allocation C#		5/28/04		-29.91	%		-0.56	%
Balanced Allocation C##		5/28/04		-30.55	%		-0.56	%
Balanced Allocation I#		5/28/04		-29.15	%		0.32	%
Balanced Allocation R3#		5/28/04		-29.74	%		-0.01	%
Balanced Allocation R4#		5/28/04		-29.44	%		0.15	%
Balanced Allocation R5#		5/28/04		-29.16	%		0.28	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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 classes.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

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
Hugh Whelan		Edward C. Caputo
Senior Vice President		Vice President

How did the Fund perform?

The Class A shares of The Hartford Balanced Allocation Fund returned -29.35%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmarks, the S&P 500 Index and the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned -36.08% and 0.30%, respectively, while the average return of the Lipper Mixed-Asset Target Allocation Moderate Funds category, a group of funds with investment strategies similar to those of the Fund, was -26.54%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted, sending stock prices sharply lower. Within U.S. equities, although all segments of the market declined, small-cap stocks outperformed mid-cap and large-cap stocks. Across all capitalizations, the value investment style beat growth. In contrast to the prior year, U.S. stocks significantly outperformed international stocks. In the fixed-income market, U.S. Treasury securities outperformed all other sectors as the flight to quality pushed Treasury yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date), with the yield on five-year Treasury notes declining 134 basis points to 2.83% and the yield on 10-year notes declining 52 basis points to 3.95%. Spreads in all non-government sectors widened dramatically (i.e. short and long term interest rates moving farther apart), but commercial mortgage-backed securities

(CMBS) turned in the worst performance. High yield asset classes also suffered, underperforming the broad fixed income market as measured by the Barclays Capital U.S. Aggregate Bond Index. Generally, the Fund’s target asset allocation is set at approximately 60% equities and 40% fixed-income.

The Fund’s asset allocation within equities detracted from performance. Specifically, allocations to international stocks (large-cap, small-cap and emerging markets) were the largest detractors. However, the Fund benefited from asset allocation changes implemented during the period including a reduction in international stocks in favor of domestic stocks. Asset allocation within the fixed income portion of the Fund also detracted from performance, driven by allocations to floating rate notes and high yield bonds. However, the negative impact was somewhat offset by a reduction in the Fund’s allocation to TIPS (Treasury Inflation Protected Securities) in favor of intermediate-term bonds, which was beneficial to performance. The Fund’s duration (a measure of interest-rate sensitivity) was targeted to be lower than that of the Barclays Capital U.S. Aggregate Bond Index, which was disadvantageous as yields declined during the period.

The Fund’s performance is influenced not just by our asset allocation decisions, but also by the performance of the underlying funds we select to meet our asset allocation targets. During the period, our fund selection enhanced relative (i.e. performance of the Fund as measured against the benchmark) performance. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. However, one hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the reporting period. Given the weak equity market performance, a rebalance was required to restore the portfolio allocations back to their targets.

During the period, the Fund began to utilize exchange-traded funds (ETFs) to obtain asset class exposures unavailable through The Hartford fund family. Doing so enables the Fund to capture additional opportunities, while also enhancing its diversification. Specifically, the Fund has set target allocations to ETFs that provide U.S. real estate and international real estate exposure. During the period, the Fund increased its weighting in REITs and decreased its allocation to TIPS in favor of intermediate bonds. Late in the period, we reduced the Fund’s weighting in international stocks in favor of domestic mid-cap and small-cap stocks.

What is the outlook?

For the near future, the extreme nature of the current credit crisis is likely to have a negative impact on GDP growth. While strong, well-capitalized and well-funded companies will weather the current environment, uncertainty about the near-term health of the economy is likely to crimp capital spending. This would, in turn, likely result in further weakness in employment and a decline in incomes and spending, reinforcing the slowdown. This is a situation that only time can cure, although the time required may be shortened by well-crafted private and public solutions. In addition to the government programs introduced late in the period, there is a strong possibility that a new stimulus package, funded by fiscal policy, will be introduced when the new administration enters office. We also foresee further easing in monetary policy (i.e. lowering interest rates) in 2009.

Our portfolio construction process focuses on eighteen different asset classes. Over the last year, we have witnessed the volatility of these asset classes and the correlations between them increase dramatically, not just in the U.S. market, but across the globe. It did not pay to diversify outside of our benchmarks during the fiscal year, especially within equities, as few asset classes outperformed the S&P 500 Index. Likewise, many fixed income asset classes behaved more like equities, with floating rate notes, high yield bonds, and emerging market debt all declining more than 20%. We believe that, over time, the markets will stabilize and the historical relationships between these asset classes will be restored. As of the end of the reporting period, with regard to equities, the Fund is positioned with an expectation that U.S. stocks will outperform international stocks and the value investment style will outperform growth. For fixed income, we recently reduced our allocation to TIPS as we continue to believe that these securities are likely to underperform other asset classes within our investment universe.

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		17.8	%
Hartford Capital Appreciation II Fund, Class Y		3.0
Hartford Disciplined Equity Fund, Class Y		3.3
Hartford Equity Income Fund, Class Y		3.6
Hartford Floating Rate Fund, Class Y		5.7
Hartford Fundamental Growth Fund, Class Y		0.3
Hartford Global Growth Fund, Class Y		5.2
Hartford Growth Fund, Class Y		3.0
Hartford Growth Opportunities Fund, Class Y		3.0
Hartford Income Fund, Class Y		10.8
Hartford Inflation Plus Fund, Class Y		7.1
Hartford International Opportunities Fund, Class Y		3.0
Hartford International Small Company Fund, Class Y		1.9
Hartford LargeCap Growth Fund, Class Y		0.1
Hartford Select MidCap Value Fund, Class Y		1.0
Hartford Select SmallCap Value Fund, Class Y		2.0
Hartford Short Duration Fund, Class Y		6.1
Hartford Small Company Fund, Class Y		3.0
Hartford Strategic Income Fund, Class Y		3.0
Hartford Total Return Bond Fund, Class Y		6.0
Hartford Value Fund, Class Y		10.3
Powershares Emerging Markets Sovereign Debt Portfolio ETF		0.0

SPDR DJ Wilshire International Real Estate ETF		0.4
SPDR DJ Wilshire REIT ETF		0.2
Other Assets and Liabilities		0.2

Total		100.0	%

The Hartford Balanced Income Fund

(subadvised by Wellington Management Company, LLP)

Barclays Capital Corporate Index is an unmanaged index and is the Corporate component of the U.S. Credit Index within the Barclays Capital U.S. Aggregate Bond Index.

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.

Investment objective — Seeks to provide current income with growth of capital as a secondary objective.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Balanced Income A#		7/31/06		-22.01	%		-4.97	%
Balanced Income A##		7/31/06		-26.30	%		-7.33	%
Balanced Income B#		7/31/06		-22.53	%		-5.68	%
Balanced Income B##		7/31/06		-26.27	%		-6.87	%
Balanced Income C#		7/31/06		-22.55	%		-5.70	%
Balanced Income C##		7/31/06		-23.30	%		-5.70	%
Balanced Income Y#		7/31/06		-21.67	%		-4.63	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Lucius T. Hill, III	Scott I. St. John, CFA	Ian R. Link, CFA
Senior Vice President	Vice President	Vice President

W. Michael Reckmeyer, III, CFA	Karen H. Grimes, CFA
Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Balanced Income Fund returned -22.01%, before sales charge, for the twelve-month period ended October 31, 2008, versus the returns of -36.80% for the Russell 1000 Value Index, -13.82% for the Barclays Capital Corporate Index (formerly the Lehman Brothers Corporate Index) and -26.54% for the average fund in the Lipper Mixed-Asset Target Allocation Moderate Funds peer group, a group of funds that hold between 40-60% in equity securities and the remainder in bonds, cash and cash equivalents.

Why did the Fund perform this way?

Liquidity constraints dominated the economic landscape during the period as the Federal Government was forced to undertake its largest role in the markets since the Great Depression. Failures and forced mergers crippled financial services companies, while insurers faced new questions about the health of their businesses. Investors looked to shed risk at every possible opportunity, pushing stocks lower and providing a headwind for equities broadly.

The Russell 1000 Value Index fell -37% during the period. Information Technology (-50%), Financials (-50%) and Materials (-43%) performed the worst whereas Consumer Staples performed the best, returning -14%. Fixed income markets were similarly weak as all three of the components of the fund’s fixed income benchmark fell. High yield securities, as measured by the Barclays High Yield (2% issuer cap) Index, declined -25%, while emerging markets bonds, as measured by the JP Morgan EMBI+ emerging markets bond index, fell -18%. Investment grade corporate securities were down the least: the Barclays Capital Corporate Index fell -14% during the period. The Fund’s overall fixed income benchmark, comprised of 80% Barclays Corporate, 10% Barclays High Yield (2% issuer cap) Index, and 10% JP Morgan EMBI+, was down -15.4% for the fiscal year.

The Fund outperformed its benchmark due to strong relative (i.e. performance of the Fund as measured against the benchmark) performance in both the equity and fixed income portions of the Fund. This more than offset the impact of being slightly overweight (i.e. the Fund’s sector position was greater than the benchmark position) equities during the period. The Fund’s equity component outperformed its benchmark due to both sector allocation and stock selection. Stock selection was particularly strong, relative to the benchmark, within Financials, Consumer Discretionary, Telecommunication Services, and Consumer Staples. Allocation among sectors, which is driven by bottom-up (i.e. stock by stock fundamental research) fundamental research, benefited from overweight positions in Consumer Staples and Utilities and an underweight (i.e. the Fund’s sector position was less than the benchmark position) position in Financials.

Among the top equity contributors to benchmark-relative returns were our positions in PNC Financial (Financials), Kellogg (Consumer Staples), and U.S. Bancorp (Financials). PNC Financial’s stock advanced as the bank was able to capitalize on opportunities presented by the recent financial distress of its competitors. Shares of food maker Kellogg benefited from the company’s relatively stable business amid a broad economic downturn. U.S. Bancorp’s shares were relatively well-insulated from the broad downdraft in financial services stocks due to the company’s limited exposure to mortgage and related securities on its balance sheet. Relative performance also received a boost as we did not own American International Group (AIG) (Financials), whose shares declined as liquidity constraints and credit rating downgrades forced the Federal Reserve to undertake the largest bailout of a private company in the country’s history. Top contributors to absolute (i.e. total return) returns included Chunghwa Telecom (Telecommunications Services) and M&T Bank (Financials).

Significant equity detractors from benchmark-relative returns included ExxonMobil (Energy), Lloyds (Financials), and Johnson & Johnson (Health Care). Our underweight in ExxonMobil and elimination of the position earlier in the year detracted from relative performance as the oil giant’s shares were relatively strong during the period. Shares of Lloyds underperformed due to concerns that the slowing UK economy would result in higher credit losses. We avoided Johnson & Johnson in favor of companies which we believed have better fundamentals. Shares of J&J, which is a large position in the benchmark, declined only slightly during the year, negatively impacting our relative performance. The top three absolute detractors from performance were General Electric (Industrials), Bank of America (Financials) and AT&T (Telecommunication Services). General Electric’s shares declined as management announced the company would miss its earnings estimates for the first quarter. Shares of Bank of America fell due to the company’s exposure to mortgage-related securities from its acquisition of Countrywide Financial. AT&T’s shares came under pressure due to higher than expected subsidies of the iPhone, for which AT&T is the exclusive distributor.

Within the fixed income portion of the Fund, security selection within the high yield sector, an underweight to investment grade credit, and the Fund’s allocation to non-dollar positions all contributed positively to relative performance. Offsetting these gains were the Fund’s security selection within investment grade credit, in particular an overweight to debt issued by financial companies, and an allocation to commercial mortgage-backed securities. Corporate spreads widened (i.e. short and long term interest rates moving farther apart) to unprecedented levels during the period amid growing risk aversion, a lack of liquidity, and the largest bankruptcy in corporate bond history, Lehman Brothers. The Fund’s underweight to the investment grade sector was additive. Within the high yield sector the Fund maintained an up-in-quality bias, which had a positive impact on relative returns. Also contributing positively to performance was the Fund’s positioning for interest rates to rise in Canada and Australia versus U.S. rates at the end of 2007 based on expectations of elevated relative growth and inflation in these countries. During the period, U.S. rates declined by more than rates in Canada and Australia, boosting the Fund’s performance. Detracting from results were the Fund’s allocation to commercial mortgage-backed securities (CMBS) and security selection within the investment grade credit sector. In particular the Fund’s overweight exposure to debt issued by financial corporations, specifically brokers and REITS, detracted from performance.

What is the outlook?

Over the past year, and particularly in recent months, fear levels intensified quite sharply with good justification. There have been a number of high profile failures among critical players in the financial services arena. Systemic risk has risen substantially. The U.S. Treasury and Federal Reserve have embarked on an unprecedented series of rescue moves with little effect to date. Foreign governments have followed suit and the results remain to be seen. There is little liquidity in credit markets, and global equities have tumbled on a deteriorating outlook for earnings and much higher discount rates. In the wake of the newsworthy capital market events, business and consumer confidence and spending have moved lower.

Inflation expectations, one of the prime concerns of the high-growth economies, have dropped notably. This will allow coordinated expansionary policies from all central banks. It is our belief that all possible relief efforts will be deployed, and there will be a response at some level.

In this environment, our goal in the equity portion of the Fund is to seek out those companies we believe to be well-positioned to capitalize on continued market distress. During this period we have focused our purchases on companies with strong balance sheets and leading market positions, with a preference for strong deposit franchises among the banks. We continue to monitor Financials closely.

Our outlook for the U.S. consumer remains bleak, and the Fund maintains its defensive posture through underweights in the Financials and Consumer Discretionary sectors. We also significantly reduced our exposure to Energy during the third quarter on worries of a rapid global slowdown. The largest overweight positions versus the benchmark were in the Utilities, Materials, and Telecommunications Services sectors.

With inflation pressures easing, we believe the Federal Reserve will lower rates further and we are maintaining a long duration (i.e. sensitivity to changes in interest rates) posture in the fixed income portion of the Fund. Recent government interventions have, however, reduced systemic risk in the financial system. We believe that we are nearing the bottom of the credit crunch, while the real economy is still in decline. The fixed income portion of the Fund is positioned with overweights to sectors that have been disproportionately impacted by the credit crunch, including commercial mortgage-backed securities and corporate bonds issued by financial companies. We have limited our underweight exposure to sectors with high sensitivity to the economic cycle, such as corporate bonds issued by industrial companies. Within the Fund’s allocation to high yield we are maintaining an up-in-quality bias and avoiding highly cyclical issuers. Outside the U.S., credit fundamentals in emerging markets are deteriorating as global export demand falls and economic growth slows. We are focusing our exposure in higher quality issuers and avoiding exposure to countries with large financing needs.

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 neutrally positioned in both equities and fixed income relative to its benchmark.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Banks		4.7	%
Basic Materials		1.7
Capital Goods		4.1
Commercial & Professional Services		0.9
Consumer Cyclical		1.1
Consumer Staples		1.5
Diversified Financials		4.0
Energy		9.1
Finance		22.7
Food, Beverage & Tobacco		3.8
Foreign Governments		4.4
Health Care		1.7
Household & Personal Products		1.6
Insurance		0.4
Materials		2.9
Pharmaceuticals, Biotechnology & Life Sciences		3.8
Real Estate		0.7
Retailing		1.8
Services		2.9
Technology		6.5
Telecommunication Services		3.7
Transportation		0.4
Utilities		11.2
Short-Term Investments		2.7
Other Assets and Liabilities		1.7

Total		100.0	%

Distribution by Security Type
as of October 31, 2008


	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		2.1	%
Common Stocks		44.8
Corporate Bonds: Investment Grade		42.2
Corporate Bonds: Non-Investment Grade		6.5
Short-Term Investments		2.7
Other Assets and Liabilities		1.7

Total		100.0	%

The Hartford Capital Appreciation Fund

(subadvised by Wellington Management Company, LLP)

Russell 3000 Index is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

You cannot invest directly in an index.

Investment objective — Seeks growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Capital Appreciation A#		7/22/96		-44.48	%		2.90	%		8.21	%		12.50	%
Capital Appreciation A##		7/22/96		-47.54	%		1.74	%		7.60	%		11.99	%
Capital Appreciation B#		7/22/96		-44.93	%		2.10	%	NA*			NA*
Capital Appreciation B##		7/22/96		-47.42	%		1.79	%	NA*			NA*
Capital Appreciation C#		7/22/96		-44.89	%		2.19	%		7.47	%		11.75	%
Capital Appreciation C##		7/22/96		-45.39	%		2.19	%		7.47	%		11.75	%
Capital Appreciation I#		7/22/96		-44.29	%		3.03	%		8.28	%		12.56	%
Capital Appreciation R3#		7/22/96		-44.66	%		3.07	%		8.58	%		12.92	%
Capital Appreciation R4#		7/22/96		-44.48	%		3.20	%		8.65	%		12.97	%
Capital Appreciation R5#		7/22/96		-44.32	%		3.30	%		8.70	%		13.02	%
Capital Appreciation Y#		7/22/96		-44.26	%		3.36	%		8.73	%		13.04	%


#		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)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Saul J. Pannell, CFA		Frank D. Catrickes, CFA, CMT
Senior Vice President, Partner		Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Capital Appreciation Fund returned -44.48%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the Russell 3000 Index, which returned -36.60% for the same period. The Fund also underperformed the -38.23% 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?

After rising for five consecutive years, equity markets, as measured by the Russell 3000, fell beginning at the end of 2007 as investors sought to shed risk in response to increasing concerns about the financial system and a looming global recession. An extended credit crunch has reshaped the financial landscape, beginning with the near collapse of the large investment bank Bear Stearns in March and culminating more recently in the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also slowed, sending energy and commodity prices lower. Weakness was broad-based as every sector in the Russell 3000 Index declined by double digit amounts. Financials (-48%), Materials (-43%), Consumer Discretionary (-42%), and Information Technology (-41%) led the way lower. Relative strength was seen in traditionally defensive sectors Consumer Staples (-13%), Health Care (-24%), and Utilities (-29%).

The Fund underperformed its benchmark primarily due to weak stock selection. Fund results trailed those of the benchmark in eight of ten economic sectors, with the largest underperformance in the Materials, Financials, and Energy sectors. Selection was relatively stronger in the Information Technology and Telecommunications Services sectors. Allocation among sectors, a

result of the bottom-up (i.e. stock by stock fundamental research) stock selection process, was also negative, largely due to underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in Consumer Staples and Utilities. The Fund benefited from a modest cash position, which helped relative (i.e. performance of the Fund as measured against the benchmark) performance in a downward-trending market.

The largest detractors from relative returns were Ford Motor (Consumer Discretionary), AIG (Financials), and Vedanta Resources (Materials). Shares of automotive company Ford Motor fell on concerns about the company’s near term earnings outlook and the unexpected retirement of its Chief Financial Officer. Insurer AIG saw its shares plummet as liquidity constraints and credit rating downgrades led to an unprecedented government bailout of the firm. Vedanta, a diversified London-based mining company with operations in India, Zambia and Australia, was negatively impacted by falling commodity prices and negative investor reaction to a proposed reorganization plan, sending its shares lower. Top detractors from absolute (i.e. total return) results also included investment bank Goldman Sachs and industrial and financial conglomerate General Electric.

Ace (Financials), Teva Pharmaceuticals (Health Care), and Petrol Brasileiros (Energy) contributed most to relative returns. Ace, a global property and casualty insurance company, got a share price boost from robust earnings results. Shares of Israeli drug manufacturer Teva Pharmaceuticals rose after the company reported better-than-expected earnings driven by strong sales of its multiple-sclerosis drug Copaxone. The Fund’s position in Brazilian exploration and production company Petrol Brasileiros contributed to relative and absolute performance as the bulk of the Fund’s purchases were prior to a sharp increase in price over the summer. We began reducing our position into strength, selling most of our shares before they tumbled in the fall. Other top absolute contributors included credit card company Visa and banking company Washington Mutual, which was only held for a brief period during which the shares rose.

What is the outlook?

Global equities tumbled over the past year, and particularly in recent months, on a deteriorating outlook for earnings and sharply increased fear levels among investors. The US Treasury and Federal Reserve, in concert with several foreign governments, have embarked on an unprecedented series of rescue moves, but the results remain to be seen. In the wake of these capital market events, business and consumer confidence and spending have moved lower.

In this environment we continue to focus our efforts on stock-by-stock fundamental research. These bottom-up investment decisions have resulted in reductions to our overweight position in Materials as we cut our position in U.S. Steel and eliminated Rio Tinto and Dow Chemical. Exposure to Financials and Health Care rose during the year. Within Financials we added to Goldman Sachs and Ace and established a new position in Bank of America. Within Health Care, we initiated new investments in UnitedHealth Group and Roche and added to a position in Schering-Plough.

At the end of the period the Fund was most overweight in Materials, Financials, and Consumer Discretionary and most underweight Consumer Staples, Utilities, and Energy. The Fund’s largest absolute positions were in the Financials, Information Technology, and Health Care sectors.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		1.9	%
Banks		2.2
Capital Goods		11.1
Commercial & Professional Services		0.3
Consumer Durables & Apparel		1.0
Consumer Services		0.3
Diversified Financials		8.6
Energy		10.0
Finance		0.9
Food & Staples Retailing		0.2
Food, Beverage & Tobacco		2.6
Health Care Equipment & Services		5.5
Household & Personal Products		0.1
Insurance		5.5
Materials		7.2
Media		3.1
Pharmaceuticals, Biotechnology & Life Sciences		9.2
Real Estate		0.4
Retailing		4.1
Semiconductors & Semiconductor Equipment		1.2
Software & Services		5.7
Technology Hardware & Equipment		9.1
Telecommunication Services		2.3
Transportation		0.7
Short-Term Investments		7.2
Other Assets and Liabilities		(0.4	)

Total		100.0	%

The Hartford Capital Appreciation II Fund

(subadvised by Wellington Management Company, LLP)

Russell 3000 Index is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

You cannot invest directly in an index.

Investment objective — Seeks growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception	1	Since
	Date	Year	Inception

Capital Appreciation II A#	4/29/05	-44.43%	-0.65%
Capital Appreciation II A##	4/29/05	-47.48%	-2.24%
Capital Appreciation II B#	4/29/05	-44.92%	-1.45%
Capital Appreciation II B##	4/29/05	-47.47%	-2.21%
Capital Appreciation II C#	4/29/05	-44.81%	-1.32%
Capital Appreciation II C##	4/29/05	-45.32%	-1.32%
Capital Appreciation II I#	4/29/05	-44.23%	-0.43%
Capital Appreciation II R3#	4/29/05	-44.60%	-0.66%
Capital Appreciation II R4#	4/29/05	-44.40%	-0.48%
Capital Appreciation II R5#	4/29/05	-44.26%	-0.32%
Capital Appreciation II Y#	4/29/05	-44.20%	-0.26%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.


(1)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers Michael T. Carmen, CFA, CPA Senior Vice President, Partner	Nicholas M Choumenkovitch Vice President	Saul J. Pannell Senior Vice President, Partner

Frank D. Catrickes, CFA, CMT Senior Vice President, Partner	David W. Palmer, CFA Vice President

How did the Fund perform?

The Class A shares of The Hartford Capital Appreciation Fund II returned -44.43%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the Russell 3000 Index, which returned -36.60% for the same period. The Fund also underperformed the -40.06% 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?

After rising for five consecutive years, equity markets, as measured by the Russell 3000 Index, fell beginning at the end of 2007 as investors sought to shed risk in response to increasing concerns about the financial system and a looming global recession. An extended credit crunch has reshaped the financial landscape, beginning with the near collapse of the large investment bank Bear Stearns in March and culminating more recently in the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also slowed, sending energy and commodities prices lower. Weakness was broad-based during the twelve months ended October 31, as every sector in the Russell 3000 Index declined by double digit amounts. Financials (-48%), Materials (-43%), Consumer Discretionary (-42%), and Information Technology (-41%) led the way lower. Relative strength was seen in traditionally defensive sectors Consumer Staples (-13%), Health Care (-24%), and Utilities (-29%).

The Fund underperformed its benchmark primarily due to stock selection. Selection in Health Care, Energy, and Consumer Staples detracted most from relative (i.e. performance of the Fund as measured against the benchmark) performance. Selection was helped by returns in the Utilities sector. Allocation among sectors, a result of the bottom-up (i.e. stock by stock fundamental research) stock selection process, was also negative, largely due to underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in Consumer Staples and Utilities and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Information Technology. The Fund also benefited from a modest cash position, which helped relative performance in a downward-trending market.

The largest detractors from relative returns were Ford Motor (Consumer Discretionary), Exxon Mobil (Energy), and Focus Media (Consumer Discretionary). Shares of automotive company Ford Motor fell on concerns about the company’s near term earnings and the unexpected retirement of its Chief Financial Officer. Exxon Mobil’s shares fell less than their Energy peers — our underweight position in this relatively strong stock detracted from relative performance. Shares of Chinese digital advertising and media company Focus Media trended lower due to concerns about management changes, accounting, mobile spamming, and concerns over weakness in the Chinese advertising market. Top detractors from absolute (i.e. total return) results also included Russian energy company Gazprom and pharmaceutical giant Schering-Plough.

ACE (Financials), Qualcomm (Information Technology), and U.S. Steel (Materials) contributed most to relative returns. ACE, a global property and casualty insurance company, received a share price boost from robust earnings results, generated in part from the company’s strong balance sheet. Shares of Qualcomm, a leader in advanced wireless semiconductors and owner of significant intellectual property in wireless technologies, gained on strong demand for 3G handsets and share gains in 3G chip market. In addition, the company’s stock rallied strongly after resolution of its legal battles with Nokia. Domestic steel producer U.S. Steel benefited from tightness in steel markets brought about in part by a decline in Chinese steel exports. In addition, the company’s vertical integration helped boost profits as the prices of steelmaking raw materials rose. Other absolute contributors included airline operator Delta Airlines and engine maker Cummins.

What is the outlook?

Global equities tumbled over the past year, and particularly in recent months, on a deteriorating outlook for earnings and sharply increased fear levels among investors. The U.S. Treasury and Federal Reserve, in concert with several foreign governments, have embarked on an unprecedented series of rescue moves, but the results remain to be seen. In the wake of these capital market events, business and consumer confidence and spending have moved lower.

In this environment we continue to focus our efforts on stock-by-stock fundamental research across the Fund’s opportunistic and complementary investment strategies. These bottom-up investment decisions have resulted in reductions to Materials and Consumer Discretionary exposure and increases in exposure to Health Care and Financials. At the end of the period the Fund was most overweight in Health Care, Industrials, and Materials and most underweight Consumer Staples, Utilities, and Energy. The Fund’s largest absolute positions were in the Health Care, Information Technology, and Financials sectors.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.6	%
Banks		1.6
Capital Goods		9.5
Commercial & Professional Services		0.1
Consumer Durables & Apparel		1.6
Consumer Services		0.6
Diversified Financials		8.0
Energy		9.1
Food & Staples Retailing		0.1
Food, Beverage & Tobacco		5.2
Health Care Equipment & Services		8.2
Household & Personal Products		0.8
Insurance		5.5
Materials		4.7
Media		2.4
Pharmaceuticals, Biotechnology & Life Sciences		13.4
Real Estate		0.3
Retailing		2.1
Semiconductors & Semiconductor Equipment		1.0
Software & Services		9.2
Technology Hardware & Equipment		6.4
Telecommunication Services		2.0
Transportation		3.0
Utilities		0.8
Short-Term Investments		4.9
Other Assets and Liabilities		(1.1	)

Total		100.0	%

The Hartford Checks and Balances Fund

(advised by Hartford Investment Financial Services, LLC)

Russell 3000 Index is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

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.

Investment objective — Seeks long-term capital appreciation and income.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Checks and Balances A#		5/31/07		-28.70	%		-18.11	%
Checks and Balances A##		5/31/07		-32.62	%		-21.30	%
Checks and Balances B#		5/31/07		-29.32	%		-18.79	%
Checks and Balances B##		5/31/07		-32.80	%		-21.05	%
Checks and Balances C#		5/31/07		-29.29	%		-18.78	%
Checks and Balances C##		5/31/07		-29.99	%		-18.78	%
Checks and Balances I#		5/31/07		-28.55	%		-17.99	%
Checks and Balances R3#		5/31/07		-28.78	%		-18.18	%
Checks and Balances R4#		5/31/07		-28.67	%		-18.08	%
Checks and Balances R5#		5/31/07		-28.65	%		-18.07	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.


(1)		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. (2) Class I shares commenced operations on 2/29/08. Performance prior to 2/29/08 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 8/29/08. Performance prior to 8/29/08 reflects Class A performance.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Vernon J. Meyer, CFA
Senior Vice President

How did the Fund perform?

The Class A shares of The Hartford Checks and Balances Fund returned -28.70%, before sales charge, for the twelve-month period ended October 31, 2008, versus -30.99% for the Lipper Mixed-Asset Target Allocation Growth Funds average, 0.30% for the Barclays Capital U.S. Aggregate Bond Index (formerly Lehman Brothers U.S. Aggregate Bond Index), -36.08% for the S&P 500 Index, and -36.60% for the Russell 3000 Index.

Why did the Fund perform this way?

The Fund makes equal allocations of its assets to Class Y shares of Hartford Mutual Funds (“Underlying Funds”): The Hartford Capital Appreciation Fund, The Hartford Dividend and Growth Fund, and The Hartford Total Return Bond Fund. The Underlying Funds may invest in a wide variety of instruments which primarily include U.S. and foreign equity securities, fixed income and money market securities. The Fund is not actively managed, and the Fund’s assets will be rebalanced back to one-third each as soon as reasonably practicable whenever the Fund’s investment in any single Underlying Fund deviates from the target allocation by more than 5%.

The Fund’s relative performance benefited most from the performance of The Hartford Total Return Bond Fund. The return of the Hartford Capital Appreciation Fund detracted most from relative performance.

What is the outlook?

The Fund will continue to make equal allocations of its assets to the three Underlying Funds. Please refer to the individual pages of each Underlying Fund in this report for additional information.

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		33.8	%
Hartford Dividend and Growth Fund, Class Y		33.2
Hartford Total Return Bond Fund, Class Y		32.4
Other Assets and Liabilities		0.6

Total		100.0	%

The Hartford Conservative Allocation Fund

(subadvised by Hartford Investment Management Company)

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.

Investment objective — Seeks current income and long-term capital appreciation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Conservative Allocation A#		5/28/04		-22.99	%		0.26	%
Conservative Allocation A##		5/28/04		-27.23	%		-1.02	%
Conservative Allocation B#		5/28/04		-23.55	%		-0.42	%
Conservative Allocation B##		5/28/04		-27.12	%		-0.80	%
Conservative Allocation C#		5/28/04		-23.57	%		-0.42	%
Conservative Allocation C##		5/28/04		-24.28	%		-0.42	%
Conservative Allocation I#		5/28/04		-22.73	%		0.39	%
Conservative Allocation R3#		5/28/04		-23.28	%		0.08	%
Conservative Allocation R4#		5/28/04		-23.01	%		0.23	%
Conservative Allocation R5#		5/28/04		-22.81	%		0.34	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.


(1)		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 classes.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


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 -22.99%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmarks, the S&P 500 Index and the Barclays Capital U.S. Aggregate Bond Index (formerly Lehman Brothers U.S. Aggregate Bond Index), returned -36.08% and 0.30%, respectively, while the average return for the Lipper Mixed-Asset Target Allocation Conservative Funds category, a group of funds with investment strategies similar to those of the Fund, was -19.05%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted, sending stock prices sharply lower. Within U.S. equities, although all segments of the market declined, small-cap stocks outperformed mid-cap and large-cap stocks. Across all capitalizations, the value investment style beat growth. In contrast to the prior year, U.S. stocks significantly outperformed international stocks. In the fixed-income market, U.S. Treasury securities outperformed all other sectors as the flight to quality pushed Treasury yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date), with the yield on five-year Treasury notes declining 134 basis points to 2.83% and the yield on 10-year notes declining 52 basis points to 3.95%. Spreads in all non-government sectors widened dramatically (i.e. short and long term interest rates moving farther apart), but commercial mortgage-backed securities (CMBS) turned in the

worst performance. High yield asset classes also suffered, underperforming the broad fixed income market as measured by the Barclays Capital U.S. Aggregate Bond Index. Generally, the Fund’s target asset allocation is set at approximately 40 % equities and 60% fixed-income.

What is the outlook?

On August 6, 2008, the Board of Directors of The Hartford Mutual Funds, Inc. (“Company”) approved an Agreement and Plan of Reorganization (“Reorganization Agreement”) that provides for the reorganization of a series of the Company, The Hartford Retirement Income Fund, into The Hartford Conservative Allocation Fund, another series of the Company (“Reorganization”). The Reorganization does not require shareholder approval.

The Reorganization is expected to occur on or about February 28, 2009 or on such later date as the officers of the Company determine (“Closing Date”). As of the close of business on the Closing Date, pursuant to the Reorganization Agreement, each shareholder of Class A, Class B, Class C, Class R3, Class R4 and Class R5 shares of The Hartford Retirement Income Fund will become the owner of the number of corresponding full and fractional shares of The Hartford Conservative Allocation Fund, having an equal aggregate net asset value.

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		13.1	%
Hartford Disciplined Equity Fund, Class Y		4.4
Hartford Equity Income Fund, Class Y		5.3
Hartford Floating Rate Fund, Class Y		7.7
Hartford Fundamental Growth Fund, Class Y		0.9
Hartford Global Growth Fund, Class Y		3.7
Hartford Growth Opportunities Fund, Class Y		3.0
Hartford High Yield Fund, Class Y		3.0
Hartford Income Fund, Class Y		11.8
Hartford Inflation Plus Fund, Class Y		8.9
Hartford International Opportunities Fund, Class Y		3.0
Hartford International Small Company Fund, Class Y		1.1
Hartford LargeCap Growth Fund, Class Y		0.4
Hartford Select MidCap Value Fund, Class Y		0.8
Hartford Select SmallCap Value Fund, Class Y		1.6
Hartford Short Duration Fund, Class Y		13.8
Hartford Strategic Income Fund, Class Y		4.1
Hartford Total Return Bond Fund, Class Y		9.3
Hartford Value Fund, Class Y		3.0
Powershares Emerging Markets Sovereign Debt Portfolio ETF		0.1
SPDR DJ Wilshire International Real Estate ETF		0.2
SPDR DJ Wilshire REIT ETF		0.2
Other Assets and Liabilities		0.6

Total		100.0	%

The Hartford Disciplined Equity Fund
(subadvised by Wellington Management Company, LLP)

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.

Investment objective — Seeks growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Disciplined Equity A#		4/30/98		-37.46	%		-1.22	%		-0.13	%		0.05	%
Disciplined Equity A##		4/30/98		-40.90	%		-2.33	%		-0.70	%		-0.49	%
Disciplined Equity B#		4/30/98		-37.85	%		-1.89	%	NA		*	NA		*
Disciplined Equity B##		4/30/98		-40.96	%		-2.29	%	NA		*	NA		*
Disciplined Equity C#		4/30/98		-37.90	%		-1.91	%		-0.82	%		-0.64	%
Disciplined Equity C##		4/30/98		-38.52	%		-1.91	%		-0.82	%		-0.64	%
Disciplined Equity R3#		4/30/98		-37.64	%		-1.00	%		0.24	%		0.42	%
Disciplined Equity R4#		4/30/98		-37.37	%		-0.86	%		0.30	%		0.48	%
Disciplined Equity R5#		4/30/98		-37.23	%		-0.77	%		0.35	%		0.53	%
Disciplined Equity Y#		4/30/98		-37.16	%		-0.72	%		0.38	%		0.55	%


#		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)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
James A. Rullo, CFA		Mammem Chally, CFA
Senior Vice President, Partner		Vice President

How did the Fund perform?

The Class A shares of The Hartford Disciplined Equity Fund returned -37.46%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the S&P 500 Index, which returned -36.08% for the same period. The Fund also underperformed the -36.46% 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?

The one-year period ended October 31, 2008 was one of the most volatile in history. After a positive start to the year, global equity markets stumbled as the widespread contraction in credit led to major changes in the financial landscape. These included the near collapse of the large investment bank Bear Stearns, the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk, punishing equity securities broadly.

Large (-36%), mid (-36%), and small (-34%) cap stocks declined in unison during the period, as measured by the S&P 500 , S&P MidCap 400, Russell 2000 Indices, respectively. Growth and Value stocks both declined by 37%, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. All ten sectors within the S&P 500 Index posted negative returns. Financials (-52%), Information Technology (-41%), and Materials (-41%) were the biggest laggards, while traditionally defensive sectors Consumer Staples (-12%) and Health Care (-24%) declined the least.

The Fund’s relative (i.e. performance of the Fund as measured against the benchmark) underperformance was due to security selection, as weak selection in Health Care, Consumer Discretionary, Consumer Staples, and Utilities more than offset positive selection in Financials, Information Technology, and Materials. Sector allocation, which is a result of the bottom-up (i.e. stock by stock fundamental research) stock selection process, contributed positively to benchmark-relative performance primarily due to our overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocation to the Health Care sector.

The largest detractors from performance on a relative basis were Johnson & Johnson (Health Care), Procter & Gamble (Consumer Staples), Exxon Mobil (Energy), and Marathon Oil (Energy). Not owning New-Jersey based health products maker Johnson & Johnson and global provider of branded consumer products Procter & Gamble hurt relative performance as shares of these companies performed well in the market downturn. The Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) position in integrated oil and natural gas company Exxon Mobil hurt relative performance as the firm’s track record of high returns on capital, strong cash flow generation, and solid balance sheet positioning provided a relatively safe haven within the Energy sector. Shares of Marathon Oil, an oil exploration and production company, declined over the period due to uncertainty in the global economy and falling oil prices. Top detractors from absolute (i.e. total return) performance were insurance holding company Assurant (Financials) and medical product and service provider McKesson (Health Care).

Top contributors to relative performance during the period included AIG (Financials), Amgen (Health Care), and Occidental Petroleum (Materials). Not owning global insurance and financial services provider AIG was the largest contributor to relative to benchmark performance. The company’s shares plummeted as liquidity constraints and credit rating downgrades led to an unprecedented government bailout of the firm. Leading biotechnology company Amgen reported positive, long awaited phase three data for its osteoporosis drug in development, Denosumab. The drug may be more effective than currently available products and thus far has an acceptable safety profile. Oil and gas and chemical company Occidental Petroleum saw its shares rise along with the rally in crude oil prices during the second quarter. Top contributors to the Fund’s absolute performance also included steel producer U.S. Steel (Materials) and credit card company Visa (Information Technology).

What is the outlook?

In this environment, the Fund continues to focus on stock selection as the key driver of returns, using proprietary fundamental and quantitative research in a disciplined framework to build a portfolio of the most attractive stocks. Sector exposures are residuals from this bottom-up stock selection process and are not explicit management decisions. Based on individual stock decisions, the Fund ended the period most overweight the Health Care and Information Technology sectors and most underweight the Industrials, Energy, and Financials sectors. At the end of the period, the Fund’s largest holdings included department store giant Wal-Mart, defense contractor Lockheed Martin, and computer hardware maker Hewlett-Packard.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.2	%
Banks		3.3
Capital Goods		4.4
Commercial & Professional Services		0.7
Diversified Financials		3.2
Energy		10.0
Food & Staples Retailing		4.3
Food, Beverage & Tobacco		5.9
Health Care Equipment & Services		7.2
Household & Personal Products		0.5
Insurance		4.7
Materials		1.4
Media		2.9
Pharmaceuticals, Biotechnology & Life Sciences		16.6
Real Estate		0.8
Retailing		3.8
Semiconductors & Semiconductor Equipment		1.3
Software & Services		9.1
Technology Hardware & Equipment		8.6
Telecommunication Services		2.9
Transportation		2.4
Utilities		3.9
Short-Term Investments		0.4
Other Assets and Liabilities		1.5

Total		100.0	%

The Hartford Diversified International Fund
(subadvised by Wellington Management Company, LLP)

MSCI All Country World ex US 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. The index is calculated to exclude companies and share classes which cannot be freely purchased by foreigners.

You cannot invest directly in an index.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		Since
	Date		Inception

Diversified International A#		6/30/08		-41.20	%
Diversified International A##		6/30/08		-44.43	%
Diversified International B#		6/30/08		-41.30	%
Diversified International B##		6/30/08		-44.24	%
Diversified International C#		6/30/08		-41.30	%
Diversified International C##		6/30/08		-41.89	%
Diversified International I#		6/30/08		-41.10	%
Diversified International R3#		6/30/08		-41.20	%
Diversified International R4#		6/30/08		-41.20	%
Diversified International R5#		6/30/08		-41.10	%
Diversified International Y#		6/30/08		-41.10	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Cheryl M. Duckworth, CFA	Andrew S. Offit, CPA,	Vera M. Trojan, CFA,
Senior Vice President	Senior Vice President	Senior Vice President

Theodore B.P. Jayne, CFA,	David S. Pope, CFA,
Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Diversified International Fund returned -41.20%, before sales charge, for the four-month period ended October 31, 2008, underperforming its benchmark, the MSCI All Country World ex-U.S. Index, which returned -39.04% for the same period. The Fund also underperformed the -36.62% return of the average fund in the Lipper International Multi-Cap Core peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The four-month period was one of the most volatile in recent history. After a positive start to the year, the global equity markets stumbled on credit crunch related issues such as the near collapse of the large investment bank Bear Stearns and Washington Mutual which were taken over by JP Morgan Chase, the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, and the bailout of insurance firm American International Group (AIG). The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk. In this environment, all sectors within the MSCI All Country World ex—U.S. Index posted double digit declines. Materials (-57%), Energy (-47%), and Industrials (-44%) declined the most while Health Care (-17%) declined the least.

The Fund underperformed its benchmark due to security selection, particularly within Consumer Discretionary, Energy, and Industrials. Allocation among sectors, a result of the bottom-up (i.e. stock by stock fundamental research) stock selection process, was positive, mostly due to a modest cash position and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in the Health Care and Consumer Staples sector.

The largest detractors from relative (i.e. performance of the Fund as measured against the benchmark) returns were Elan (Pharmaceuticals), Volkswagen (Consumer Discretionary), and Xstrata (Materials). Elan is an Ireland-based biotechnology company. Shares declined with disappointing developments concerning the firm’s Alzheimer’s drug Bapineuzumab and multiple-sclerosis drug Tysabri. Shares in German

auto manufacturer Volkswagen rose sharply at the end of October on news that Porsche was increasing its stake in the company, making Volkswagen Europe’s biggest company by market value. The Fund did not own the stock which hurt relative performance versus the benchmark. Xstrata is a diversified mining company. The stock fell during the period, mostly during the third quarter, due to a broad-based decline among mining companies amid concern that the slowing economy will curb demand. The company’s stock price was further pressured when it launched, but did not complete, an unsolicited cash offer for platinum miner Lonmin. E.ON (Utilities), Societe Generale (Financials), and Gazprom (Energy) were the largest detractors from absolute (i.e. total return) performance.

Japan Tobacco (Consumer Discretionary), AstraZeneca (Health Care), and ACE (Financials) were the largest positive contributors to relative performance. Although Japan Tobacco’s shares declined during the period, they declined less than many names in the benchmark partly due to the successful acquisition of Gallaher, the UK cigarette maker, which doubled the size of the company’s international operations. AstraZeneca’s share price benefited from a favorable outcome in a U.S. patent battle over its second-biggest selling drug for schizophrenia and bipolar disorder, Seroquel. ACE, a global property and casualty insurance company, received a share price boost from robust earnings results and strong balance sheet. Royal Bank of Scotland (Financials) and Hogy Medical (Health Care), a Japanese pharmaceutical company, were also top contributors to absolute performance.

What is the outlook?

The Diversified International Fund is a multi-managed Fund with an opportunistic investment approach. The Fund’s managers pursue diverse and complementary investment strategies, with fundamental, bottom-up research as the foundation for portfolio construction. Due to these bottom-up investment decisions we ended the period most overweight the Health Care, Consumer Staples and Industrials sectors and most underweight (i.e. the Fund’s sector position was less than the benchmark position) the Energy, Financials, and Consumer Discretionary sectors. The Fund’s largest absolute sector allocations were Financials, Health Care, and Consumer Staples.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		3.1	%
Banks		10.5
Capital Goods		6.2
Commercial & Professional Services		1.3
Consumer Durables & Apparel		0.5
Consumer Services		0.7
Diversified Financials		5.4
Energy		7.2
Food & Staples Retailing		2.6
Food, Beverage & Tobacco		8.2
Health Care Equipment & Services		1.5

Diversification by Industry (continued)
as of October 31, 2008


	Percentage of
Industry	Net Assets
Household & Personal Products		0.8
Insurance		3.8
Materials		8.7
Media		1.4
Pharmaceuticals, Biotechnology & Life Sciences		10.3
Real Estate		1.9
Retailing		1.9
Semiconductors & Semiconductor Equipment		0.8
Software & Services		2.5
Technology Hardware & Equipment		3.1
Telecommunication Services		6.2
Transportation		2.5
Utilities		4.9
Short-Term Investments		3.7
Other Assets and Liabilities		0.3

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		1.6	%
Austria		0.6
Belgium		1.7
Brazil		2.1
Canada		3.2
Chile		0.1
China		1.4
Denmark		0.3
Egypt		0.1
Finland		1.0
France		8.6
Germany		6.9
Greece		0.1
Hong Kong		1.2
India		1.4
Ireland		0.7
Israel		1.2
Italy		1.2
Japan		15.8
Luxembourg		0.9
Malaysia		0.2
Mexico		0.5
Netherlands		2.9
Norway		0.7
Panama		0.2
Peru		0.1
Portugal		0.1
Russia		1.6
Singapore		0.9
South Africa		1.2
Spain		2.1
Sweden		1.9
Switzerland		10.0
Taiwan		0.8
Thailand		0.2
Turkey		0.5
United Kingdom		19.5
United States		2.5
Short-Term Investments		3.7
Other Assets and Liabilities		0.3

Total		100.0	%

The Hartford Dividend and Growth Fund
(subadvised by Wellington Management Company, LLP)

Russell 1000 Value Index measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values.

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.

Investment objective — Seeks a high level of current income consistent with growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Dividend & Growth A#		7/22/96		-32.24	%		2.92	%		2.93	%		6.55	%
Dividend & Growth A##		7/22/96		-35.96	%		1.77	%		2.35	%		6.06	%
Dividend & Growth B#		7/22/96		-32.85	%		2.04	%	NA		*	NA		*
Dividend & Growth B##		7/22/96		-35.99	%		1.71	%	NA		*	NA		*
Dividend & Growth C#		7/22/96		-32.80	%		2.17	%		2.21	%		5.81	%
Dividend & Growth C##		7/22/96		-33.43	%		2.17	%		2.21	%		5.81	%
Dividend & Growth I#		7/22/96		-32.02	%		3.07	%		3.00	%		6.61	%
Dividend & Growth R3#		7/22/96		-32.53	%		3.06	%		3.28	%		6.93	%
Dividend & Growth R4#		7/22/96		-32.25	%		3.21	%		3.35	%		6.99	%
Dividend & Growth R5#		7/22/96		-32.06	%		3.32	%		3.41	%		7.04	%
Dividend & Growth Y#		7/22/96		-31.99	%		3.36	%		3.43	%		7.05	%


#		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)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

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 -32.24%, before sales charge, for the twelve-month period ended October 31, 2008, outperforming its benchmark, the S&P 500 Index, which returned -36.08% for the same period. The Fund also outperformed the -34.01% 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 weak for the period across all market capitalizations: large cap equities (-36.08%), mid caps (-36.46%), and small caps (-34.16%) declined as represented by the S&P 500, S&P MidCap 400, and Russell 2000 Indices respectively. During the twelve month period all sectors within the S&P 500 Index posted sharp negative returns led by Financials

(-52%), Information Technology (-41%), and Materials (-41%). Traditionally defensive sectors Consumer Staples (-12%) and Health Care (-24%) posted the least negative returns.

The Fund’s outperformance relative (i.e. performance of the Fund as measured against the benchmark) to the S&P 500 was due to both stock selection and sector allocation, which is the residual of bottom-up (i.e. stock by stock fundamental research) stock selection. Stock selection in Information Technology, Financials, and Energy more than offset weak stock selection in the Health Care sector. Our underweight (i.e. the Fund’s sector position was less than the benchmark position) allocation to underperforming Financials and Information Technology contributed positively to benchmark-relative performance. The Fund’s underweight to Consumer Staples was a detractor. The Fund also benefited from a modest cash position in a declining equity market.

The Fund’s top contributors to relative performance during the period were Chevron (Energy), ACE (Financials), and Wal-Mart Stores (Consumer Staples). Chevron benefited from the rally in crude oil and natural gas prices during the first part of the period. Shares of ACE, a worldwide insurance and reinsurance provider, contributed to relative performance as turmoil in the financial sector, particularly in insurance companies, led investors to the safest, most stable names in the space. Wal-Mart Stores, the world’s largest retailer, was well-prepared for a softening retail environment due to its tight cost controls and reduced inventory levels. Rohm and Haas (Materials) and Travelers (Financials) were top contributors to absolute (i.e. total return) performance.

Detractors from relative performance included Johnson & Johnson (Health Care), UBS (Financials), and Freddie Mac (Financials). Johnson & Johnson, a medical device, consumer product, and pharmaceutical company, performed well during the period due to its diversified business model. The Fund did not hold shares in the company which hurt relative performance. Diversified financials firm UBS was hurt by the credit and liquidity crisis that continues to impact financial companies. Additionally, lawsuits in the U.S. regarding illegal sheltering of client assets from U.S. taxes have resulted in unwanted publicity for UBS’ U.S. wealth management business. Freddie Mac is a company that purchases residential mortgages and mortgage-related securities and securitizes them into mortgage-related securities that can be sold to investors. As volatility increased in the housing sector, we eliminated the position before the company received the government bailout. General Electric (Industrials), AT&T (Telecommunication Services), and Bank of America (Financials) were top detractors from absolute performance.

What is the outlook?

Liquidity constraints continued to dominate the economic landscape at the end of the period as the Federal Government was forced to undertake its largest role in the markets since the Great Depression. Our investment discipline is focused on investing in areas of strong demand and avoiding areas of oversupply. In Financials, balance sheet exposures appear to be playing out. Credit supply is tight, but demand is low. Over the year, we have actively reduced our underweight position to the sector. We remain positive on natural gas and oil, despite their recent poor performance and have therefore maintained an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the Energy sector.

At the end of the period, our largest overweights were to the Energy, Telecommunication Services, and Utilities sectors, while we remain underweight the Information Technology, Consumer Staples, and Consumer Discretionary sectors.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.8	%
Banks		2.9
Capital Goods		8.2
Commercial & Professional Services		1.6
Consumer Services		0.4
Diversified Financials		7.7
Energy		17.3
Food & Staples Retailing		2.6
Food, Beverage & Tobacco		4.0
Health Care Equipment & Services		2.5
Household & Personal Products		2.2
Insurance		4.4
Materials		4.3
Media		3.6
Pharmaceuticals, Biotechnology & Life Sciences		10.7
Retailing		1.3
Semiconductors & Semiconductor Equipment		1.5
Software & Services		3.0
Technology Hardware & Equipment		4.4
Telecommunication Services		5.3
Transportation		1.9
Utilities		5.6
Short-Term Investments		3.7
Other Assets and Liabilities		0.1

Total		100.0	%

The Hartford Equity Growth Allocation Fund
(subadvised by Hartford Investment Management Company)

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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception	1	Since
	Date	Year	Inception

Equity Growth Allocation A#	5/28/04	-40.92%	-0.82%
Equity Growth Allocation A##	5/28/04	-44.17%	-2.07%
Equity Growth Allocation B#	5/28/04	-41.40%	-1.50%
Equity Growth Allocation B##	5/28/04	-44.06%	-1.89%
Equity Growth Allocation C#	5/28/04	-41.35%	-1.49%
Equity Growth Allocation C##	5/28/04	-41.88%	-1.49%
Equity Growth Allocation I#	5/28/04	-40.73%	-0.66%
Equity Growth Allocation R3#	5/28/04	-41.10%	-0.92%
Equity Growth Allocation R4#	5/28/04	-40.92%	-0.80%
Equity Growth Allocation R5#	5/28/04	-40.78%	-0.69%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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 classes.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Hugh Whelan		Edward C. Caputo
Managing Director		Assistant Vice President

How did the Fund perform?

The Class A shares of The Hartford Equity Growth Allocation Fund returned -40.92%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the S&P 500 Index, returned -36.08% while the average return of the Lipper Multi-Cap Core Funds category, a group of funds with investment strategies similar to those of the Fund, was -38.23%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted, sending stock prices sharply lower. Within U.S. equities, although all segments of the market declined, small-cap stocks outperformed mid-cap and large-cap stocks. Across all capitalizations, the value investment style beat growth. In contrast to the prior year, U.S. stocks significantly outperformed international stocks.

fund investments to their target allocation percentages) was executed during the reporting period. Given the weak equity market performance, a rebalance was required to restore the portfolio allocations back to their targets.

During the period, the Fund began to utilize exchange-traded funds (ETFs) to obtain asset class exposures unavailable through The Hartford fund family. Doing so enables the Fund to capture additional opportunities while also enhancing its diversification. Specifically, the Fund has set target allocations to ETFs that provide U.S. real estate and international real estate exposure. Late in the period, we reduced the Fund’s weighting in international stocks in favor of domestic mid-cap and small-cap stocks.

What is the outlook?

Our portfolio construction process focuses on eleven different asset classes. Over the last year, we have witnessed the volatility of these asset classes and the correlations between them increase dramatically, not just in the U.S. market, but across the globe. It did not pay to diversify outside of our benchmark during the fiscal year, as few asset classes outperformed the S&P 500. We believe that, over time, the markets will stabilize and the historical relationships between these asset classes will be restored. As of the end of the reporting period, the Fund is positioned with an expectation that U.S. stocks will outperform international stocks and the value investment style should outperform growth.

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		20.7	%
Hartford Disciplined Equity Fund, Class Y		7.6
Hartford Equity Income Fund, Class Y		3.2
Hartford Fundamental Growth Fund, Class Y		0.4
Hartford Global Growth Fund, Class Y		6.4
Hartford Growth Fund, Class Y		3.1
Hartford Growth Opportunities Fund, Class Y		8.5
Hartford International Opportunities Fund, Class Y		6.7
Hartford International Small Company Fund, Class Y		4.9
Hartford LargeCap Growth Fund, Class Y		0.4
Hartford Select MidCap Value Fund, Class Y		3.6
Hartford Select SmallCap Value Fund, Class Y		8.6
Hartford Small Company Fund, Class Y		7.3
Hartford Value Fund, Class Y		17.7
SPDR DJ Wilshire International Real Estate ETF		0.8
SPDR DJ Wilshire REIT ETF		0.2
Other Assets and Liabilities		(0.1	)

Total		100.0	%

The Hartford Equity Income Fund
(subadvised by Wellington Management Company, LLP)

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.

Investment objective — Seeks a high level of current income consistent with growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Equity Income A#		8/28/03		-28.08	%		3.55	%		4.15	%
Equity Income A##		8/28/03		-32.04	%		2.38	%		3.02	%
Equity Income B#		8/28/03		-28.67	%		2.68	%		3.29	%
Equity Income B##		8/28/03		-32.09	%		2.32	%		3.12	%
Equity Income C#		8/28/03		-28.61	%		2.82	%		3.43	%
Equity Income C##		8/28/03		-29.29	%		2.82	%		3.43	%
Equity Income I#		8/28/03		-27.80	%		3.68	%		4.28	%
Equity Income R3#		8/28/03		-28.26	%		3.74	%		4.38	%
Equity Income R4#		8/28/03		-28.03	%		3.87	%		4.50	%
Equity Income R5#		8/28/03		-27.82	%		3.97	%		4.61	%
Equity Income Y#		8/28/03		-27.80	%		4.01	%		4.65	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Karen H. Grimes, CFA	Ian R. Link, CFA	W. Michael Reckmeyer, III, CFA
Vice President	Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Equity Income Fund returned -28.08%, before sales charge, for the twelve-month period ended October 31, 2008, outperforming its benchmark, the Russell 1000 Value Index, which returned -36.80% for the same period. The Fund also outperformed the -34.01% 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?

Liquidity constraints dominated the economic landscape over the last year which led the Federal Government to undertake its largest role in the markets since the Great Depression. Failures and forced mergers crippled financial services companies while insurers faced new questions about the health of their businesses as well. Investors looked to shed risk at every possible opportunity, leaving markets starved for bids and providing a headwind for equities broadly.

All ten broad economic sectors of the Fund’s Russell 1000 Value Index benchmark declined sharply during the twelve-month period. Information Technology (-50.5%), Financials (-50.0%) and Materials (-42.7%) performed the worst, whereas Consumer Staples performed the best, returning -13.5%. Small cap, mid cap and large cap stocks all declined during the period, as measured by the Russell 2000 (-34.2%), S&P MidCap 400 (-36.5%) and S&P 500 (-36.1%) Indices, respectively. Value and growth stocks performed equally poorly as measured by the Russell 1000 Value (-36.8%) and Russell 1000 Growth (-37.0%) Indices.

The primary driver of the Fund’s outperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark was stock selection, particularly within Financials, Consumer Discretionary, Information Technology, and Telecommunication Services. In addition, allocation among sectors, which is driven by bottom-up (i.e. stock by stock fundamental research) fundamental research helped performance, particularly the Fund’s underweight (i.e. the Fund’s sector position was less than the

benchmark position) positions in Financials and Consumer Discretionary and overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in Consumer Staples and Utilities, both of which were perceived by investors as being “safer” sectors.

Among the top contributors to benchmark-relative returns were our positions in ACE (Insurance), Abbott Laboratories (Pharmaceuticals) and U.S. Bancorp (Banks). ACE’s stock benefited from investors’ preference for companies with stable balance sheets and solid free cash flow, as well as the perception that the company would gain market share from beleaguered American International Group (AIG), one of the world’s largest insurance firms. Abbott Labs’ shares benefited from robust sales of the company’s blockbuster arthritis drug Humira, as well as stronger sales in the company’s stents and other heart-related devices. U.S. Bancorp’s shares benefited due to the company’s limited exposure to mortgage and related securities on its balance sheet, as well as its lower credit risk relative to its competitors. Relative performance versus the benchmark also benefited from the Fund not holding AIG (Insurance), whose shares declined as liquidity constraints and credit rating downgrades forced the Federal Reserve to undertake the largest bailout of a private company in the country’s history.

In addition, top contributors to absolute (i.e. total return) returns included Trane (Industrials) and General Mills (Consumer Staples). We eliminated Trane, a global manufacturer of commercial and residential heating, ventilation and air conditioning (HVAC), earlier in the year after the company agreed to be acquired by Ingersoll-Rand. Global food manufacturer General Mills’ shares increased during the period due to robust sales of its packaged products.

The top three detractors from absolute performance were General Electric (Industrials), Bank of America (Financials) and AT&T (Telecommunication Services). General Electric’s shares declined as management announced the company would miss its earnings estimates. Shares of Bank of America declined due to the company’s exposure to mortgage-related securities, many of which were acquired as part of Bank of America’s purchase of Countrywide Financial. During the period, Bank of America acquired Merrill Lynch, one of the country’s leading brokerage firms, which we believe was a wise strategic move. AT&T’s shares declined due to higher-than-expected subsidies of the iPhone product for which AT&T is the exclusive distributor.

Top detractors from benchmark-relative returns were Johnson & Johnson (Health Care), Procter & Gamble (Consumer Staples) and UBS (Financials). Shares of Johnson and Johnson (Pharmaceuticals) and Procter & Gamble (Consumer Staples) performed relatively well during the period; however, we chose not to own them in favor of companies that we believed have better fundamentals. UBS declined due to the company’s mortgage-related securities exposure, which was much higher than expected.

What is the outlook?

Over the past year, and particularly in recent months, fear levels intensified quite sharply with good justification. There have been a number of high profile failures among critical players in the financial services arena. Systemic risk has risen substantially. The U.S. Treasury and Federal Reserve have embarked on an unprecedented series of rescue moves with little effect to date. Foreign governments have followed suit and the results remain to be seen. The credit markets are locked up. Global equities have tumbled on a much worse outlook for earnings and much higher discount rates. In the wake of the newsworthy capital market events, business and consumer confidence and spending have moved lower.

In this environment, our goal is to seek out those companies we believe to be well-positioned to capitalize on continued market distress. During this period we have focused our purchases on companies with strong balance sheets and leading market positions, with a preference for strong deposit franchises among the banks.

Our outlook for the U.S. consumer remains bleak, and the Fund maintains its defensive posture through an overweight to Consumer Staples and underweight to Financials and Consumer Discretionary sectors. We also reduced our exposure to Energy significantly during the third quarter, on worries of an accelerated global slowing.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Banks		7.8	%
Capital Goods		7.3
Commercial & Professional Services		2.6
Diversified Financials		7.7
Energy		15.5
Food & Staples Retailing		0.4
Food, Beverage & Tobacco		9.3
Household & Personal Products		2.1
Insurance		5.6
Materials		5.2
Pharmaceuticals, Biotechnology & Life Sciences		7.0
Real Estate		1.3
Retailing		4.7
Semiconductors & Semiconductor Equipment		1.5
Software & Services		2.3
Telecommunication Services		5.8
Transportation		1.2
Utilities		10.1
Short-Term Investments		2.1
Other Assets and Liabilities		0.5

Total		100.0	%

The Hartford Floating Rate Fund
(subadvised by Hartford Investment Management Company)

Credit Suisse Leveraged Loan Index is designed to mirror the investable universe of the U.S.dollar-denominated leveraged loan market.

You cannot invest directly in an index.

Investment objective — Seeks a high level of current income.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Floating Rate A#		4/29/05		-22.71	%		-3.61	%
Floating Rate A##		4/29/05		-25.03	%		-4.45	%
Floating Rate B#		4/29/05		-23.30	%		-4.34	%
Floating Rate B##		4/29/05		-26.94	%		-5.03	%
Floating Rate C#		4/29/05		-23.24	%		-4.31	%
Floating Rate C##		4/29/05		-23.96	%		-4.31	%
Floating Rate I#		4/29/05		-22.51	%		-3.43	%
Floating Rate R3#		4/29/05		-22.80	%		-3.58	%
Floating Rate R4#		4/29/05		-22.63	%		-3.49	%
Floating Rate R5#		4/29/05		-22.55	%		-3.34	%
Floating Rate Y#		4/29/05		-22.39	%		-3.33	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Michael Bacevich		Frank Ossino
Managing Director		Vice President

How did the Fund perform?

The Class A shares of The Hartford Floating Rate Fund returned -22.71%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the CSFB Leveraged Loan Index, returned -20.34% while the average return of the Lipper Loan Participation Funds category, a group of funds with investment strategies similar to those of the Fund, was -20.16%.

Why did the Fund perform this way?

It was an extremely volatile year for the financial markets as poor economic news, the housing slump and the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. These factors, including the delay in the passage of the government’s bailout plan (“TARP”), led to extremely tight credit conditions that weighed heavily on the high yield loan market, as well as most other sectors. Fund redemptions and selling pressure overall accelerated from mid-September 2008 through the end of the reporting period. As a result, it appears as of this writing that the high yield loan market will record its first negative calendar year ever in 2008.

The Fund outpaced the benchmark for the fiscal year through September 2008 but underperformed in October, resulting in performance for the twelve-month reporting period that was relatively in line with the benchmark. In the month of October, as loan prices reached historic lows, buyers began to step into the market but purchased only the most liquid, high quality loans, pushing the prices of these securities higher. The Fund held a large allocation to cash, which was increased significantly in October to ensure redemptions were met. Over the course of the period, we

also reduced or eliminated positions in problem credits and sectors. For example, we steadily reduced auto and housing exposure during the year and were deliberately underweight (i.e. the Fund’s sector position was less than the benchmark position) the retail sector as we found better liquidity among higher quality assets. We also executed three portfolio sales at favorable prices.

We were very selective with regard to asset purchases during the period, focusing on loans with potential catalysts for enhanced total return as well as the new issue market, where quality issuers had to pay a premium and agree to conservative terms in order to get financing. In April, we added incremental risk via the high yield bond market against the backdrop of support from the Federal Reserve, a stabilized LIBOR, a reduced loan supply pipeline (supply of loans scheduled for future offering), and still acceptable earnings.

Overall, the top performing holdings in the Fund were those driven largely by events including Northwest Airlines, which announced they will be acquired, and PITG Gaming, which refinanced its loans. The worst performers were generally within sectors that have experienced the greatest headwinds, including housing and advertising-related businesses.

As of the end of the Fund’s fiscal year, approximately 15% of Fund holdings were in cash, 2% in high yield bonds, and less than 1% in commercial mortgage-backed securities (CMBS), Small Business Association (SBA) loans, and asset-backed securities (ABS). While defaults in the loan market reached a five-and-a-half-year high of 3.59% in October, the Fund’s default rate remained well below this number at less than 1%.

What is the outlook?

The near- to medium-term outlook for the loan market remains uncertain. Several variables will ultimately determine its future direction: the impact of the federal TARP program, any forward guidance regarding the fourth-quarter earnings season, further redemptions from hedge funds and monthly/quarterly redemption funds, and default rates. Any or all of these could negatively impact loan prices through the end of 2008. Therefore, we will be more defensive in positioning the Fund, at least for the remainder of the year, reducing bond exposure and maintaining our higher cash position.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Basic Materials		11.3	%
Capital Goods		2.5
Consumer Cyclical		9.0
Consumer Staples		2.8
Energy		2.2
Finance		6.6
Health Care		10.3
Services		22.6
Technology		9.8
Transportation		3.0
Utilities		2.9
Short-Term Investments		11.8
Other Assets and Liabilities		5.2

Total		100.0	%

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
A		0.1	%
BBB		0.2
BB		22.0
B		19.2
CCC		0.9
Not Rated		57.6

Total		100.0	%

The Hartford Fundamental Growth Fund

(subadvised by Wellington Management Company, LLP)

Russell 1000 Growth Index is an unmanaged index which measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values.

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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Fundamental Growth A#		5/24/01		-38.66	%		-0.74	%		-1.98	%
Fundamental Growth A##		5/24/01		-42.03	%		-1.86	%		-2.73	%
Fundamental Growth B#		5/24/01		-39.11	%		-1.48	%		-2.70	%
Fundamental Growth B##		5/24/01		-41.79	%		-1.82	%		-2.70	%
Fundamental Growth C#		5/24/01		-39.16	%		-1.46	%		-2.70	%
Fundamental Growth C##		5/24/01		-39.69	%		-1.46	%		-2.70	%
Fundamental Growth Y#		5/24/01		-38.32	%		-0.27	%		-1.52	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Francis J. Boggan, CFA
Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Fundamental Growth Fund returned -38.66%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the Russell 1000 Growth Index, which returned -36.95% for the same period. The Fund also underperformed the -38.39% return of the average fund in the Lipper 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in history. After a positive start to the year, global equity markets stumbled as the widespread contraction in credit led to major changes in the financial landscape. These included the near collapse of large investment bank Bear Stearns, government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk, punishing equity securities broadly.

Large (-36%), mid (-36%), and small (-34%) cap stocks declined in unison during the period, as measured by the S&P 500 , S&P MidCap 400 and Russell 2000 Indices, respectively. Growth and Value stocks both declined by 37%, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. There were no safe havens as all ten sectors within the Russell 1000 Growth Index posted negative returns. Financials (-51%), Utilities (-45%), and Materials (-43%) declined the most, while traditionally defensive sectors Consumer Staples (-13%) and Health Care (-24%) declined the least.

The Fund underperformed during the period due to weak stock selection, as selection in Consumer Discretionary, Energy, and Health Care was more than offset by negative results in Materials, Industrials, and Financials. Sector positioning, a result of bottom-up (i.e. stock by stock fundamental research) stock selection, also

detracted from performance due to an underweight (i.e. the Fund’s sector position was less than the benchmark position) exposure to Consumer Staples and overweights (i.e. the Fund’s sector position was greater than the benchmark position) to Financials and Telecommunication Services.

Top detractors from relative (i.e. performance of the Fund as measured against the benchmark) performance were Freeport-McMoRan (Materials), Hercules Offshore (Energy), and AIG (Financials). Shares of Louisiana-based copper and gold mining company Freeport-McMoRan fell after the company reported weaker than expected second quarter earnings as slowing global economic growth reduced the pace of infrastructure build-out in emerging markets. Hercules, a provider of shallow-water drilling and marine services to the oil and natural gas exploration and production industry, saw its shares fall after the company reported second quarter earnings that were weaker-than-expected. Earnings were hurt by a steep escalation in costs and expenses. Shares of global insurance and financial services provider AIG plummeted as liquidity constraints and credit rating downgrades led to an unprecedented government bailout of the firm. Biotechnology firm Coventry (Health Care) and Corning (Information Technology) were also among the detractors from absolute (i.e. total return) performance.

The three largest contributors to relative performance were Health Care stocks Amgen, Covidien, and AstraZeneca. Leading biotechnology company Amgen reported positive, long awaited Phase 3 data for its osteoporosis drug in development, Denosumab. The drug may be more effective than currently available products and thus far has an acceptable safety profile. Covidien, a provider of health care products for use in clinical and home settings, saw its shares rise after reporting strong revenue gains fueled by growth in the Medical Devices, Imaging Solutions and Pharmaceutical Products business segments. Pharmaceutical company AstraZeneca’s stock moved higher as investors’ near-term concerns over patent risk for Seroquel and Nexium have eased and Crestor has beaten cautious expectations. Holdings in leading biotechnology company Genentech (Health Care) and Canadian fertilizer and feed products company Potash (Materials) were also among top contributors to absolute performance.

What is the outlook?

In this environment we continue to focus our efforts on stock-by-stock fundamental research to construct a diversified portfolio of high-quality growth companies with attractive valuations. As a result of this bottom-up process, the Fund ended the period most overweight the Health Care sector, where we are finding attractive growth opportunities. We were also overweight the Energy, Information Technology and Telecom Services sectors. At the end of the period, the Fund was most underweight the Industrials, Consumer Staples, and Utilities sectors relative to the Russell 1000 Growth Index.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Capital Goods		5.9	%
Consumer Durables & Apparel		2.7
Consumer Services		1.0
Diversified Financials		3.2
Energy		12.0
Food & Staples Retailing		3.3
Food, Beverage & Tobacco		3.8
Health Care Equipment & Services		8.4
Household & Personal Products		1.5
Insurance		1.9
Materials		2.6
Media		1.2
Pharmaceuticals, Biotechnology & Life Sciences		10.0
Retailing		4.7
Semiconductors & Semiconductor Equipment		1.1
Software & Services		11.7
Technology Hardware & Equipment		17.1
Telecommunication Services		2.8
Transportation		1.3
Short-Term Investments		14.1
Other Assets and Liabilities		(10.3	)

Total		100.0	%

The Hartford Global Communications Fund

(subadvised by Wellington Management Company, LLP)

MSCI AC (All Country) World Telecommunication 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.

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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Global Communications A#		10/31/00		-48.60	%		4.71	%		-6.42	%
Global Communications A##		10/31/00		-51.43	%		3.53	%		-7.08	%
Global Communications B#		10/31/00		-49.00	%		3.96	%		-7.06	%
Global Communications B##		10/31/00		-51.43	%		3.62	%		-7.06	%
Global Communications C#		10/31/00		-49.00	%		3.94	%		-7.10	%
Global Communications C##		10/31/00		-49.49	%		3.94	%		-7.10	%
Global Communications Y#		10/31/00		-48.34	%		5.19	%		-5.97	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Archana Basi, CFA
Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Global Communications Fund returned -48.60%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the MSCI All Country World Free Telecommunication Services Index, which returned -42.24% for the same period. The Fund outperformed the -52.06% 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?

Global equities fell during the period amid continued turmoil in the U.S. credit and housing markets and concerns regarding global economic growth. During the twelve-month period ended October 31, 2008, telecommunications stocks underperformed the U.S. market, as measured by the S&P 500 Index (-36%), but performed in-line with the broader market, as measured by the MSCI All Country World Index (-43%). This follows two consecutive calendar years of telecommunications outperformance. Diversified telecommunications companies fell less than their wireless peers, while communications equipment stocks performed relatively well. On a regional basis, telecommunications companies in Asia and Latin America have benefited from relatively strong stock price performance, while returns in North America, Europe, and other Emerging Markets have been more challenging.

Telenor, Millicom International Cellular, and AFK Sistema were the largest detractors from relative (i.e. performance of the Fund as measured against the benchmark) performance during the period. Telenor, a Norway-based mobile communication provider, saw revenues drop across several regions pushing its shares lower. Shares of Millicom International Cellular, a global mobile telecommunications operator focusing on Emerging Markets, fell

on news of the company’s acquisition of Central American telecommunications company Amnet and concerns that higher inflation in its markets could impact consumer disposable income. AFK Sistema, a Russian holding company of which MTS is its largest asset, fell on fears that the company would have liquidity issues. The Fund was also hurt on an absolute (i.e. total return) basis by its holding in Telefonica, a Spain-based telecommunications company. Shares in Telefonica declined due to overall concerns about the Spanish economy.

The Fund benefited from a number of holdings in Emerging Markets countries, where demand for telecommunication services continues to grow. Top contributors to relative performance during the period included Partner Communications, Telemar Norte Leste, and Brasil Telecom. Partner Communications, an Israeli wireless operator, contributed to both absolute and relative performance due to revenue and earnings growth that was in line with analyst estimates. Telemar Norte Leste, a Brazilian telecommunications company, gained government approval to take over Brasil Telecom. The Fund also benefited on a relative basis by not holding Sprint Nextel. The wireless communications company reported decreased revenues despite an improvement in churn from the previous quarter, and it still lost 800,000 subscribers. Telecommunication services provider AT&T, communication network company Comm Scope, and British telecommunication services provider Thus Group were the top three absolute contributors during the period.

What is the outlook?

The Fund’s stock selection focuses on companies with solid business fundamentals that consensus opinion misperceives as being weak. Because of the incertitude and volatility surrounding the telecommunications sector, we believe that many investment opportunities exist. Most telecom companies should be well positioned to withstand a prolonged economic downturn relative to other companies as many have strong balance sheets and relatively secure dividend yields. Larger players in the sector may actually benefit from the challenging economic environment as newcomers could struggle for funding.

We expect to see next generation network development and spectrum auctions in the next few years with mobile capital expenditures falling to offset higher spending in fixed line segments. Merger and acquisition activity is likely to continue, although more so in Europe than in the U.S. There is also regulatory uncertainty on a range of topics from termination fees for mobile contracts in Europe to subsidies for rural local exchange carriers in the U.S. This could add to volatility in the sector as some of these issues near resolution.

Using the approach described above, the fund makes key sector positioning decisions. Once the strategy is implemented, we envision low stock turnover as we monitor how well the sector positioning performs. We ended the period with a below-benchmark weight in Diversified Telecommunications and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Wireless Telecommunications. We continue to favor stocks in Emerging Markets given the favorable relative growth outlook in many of these countries, despite slowing global economic growth and signs of some weakening in emerging economies.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Alternative Carriers		1.8	%
Integrated Telecommunication Services		48.3
Internet Software & Services		4.7
Wireless Telecommunication Services		43.2
Short-Term Investments		1.3
Other Assets and Liabilities		0.7

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage
Country	Net Assets
Argentina		0.6	%
Brazil		9.3
Canada		1.3
Egypt		1.1
France		6.5
Germany		6.4
India		3.4
Indonesia		2.5
Israel		5.9
Italy		3.0
Luxembourg		4.5
Mexico		1.5
Russia		13.9
South Africa		5.0
Spain		9.1
Turkey		3.8
United States		20.2
Short-Term Investments		1.3
Other Assets and Liabilities		0.7

Total		100.0	%

The Hartford Global Equity Fund

(subadvised by Wellington Management Company, LLP)

MSCI All Country World Index is a free float-adjusted market capitalization index that is designed to measure global developed-market equity performance. The index consists of 23 developed-market country indices, including the United States.

You cannot invest directly in an index.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		Since
	Date		Inception

Global Equity A#		2/29/08		-34.50	%
Global Equity A##		2/29/08		-38.10	%
Global Equity B#		2/29/08		-34.90	%
Global Equity B##		2/29/08		-38.16	%
Global Equity C#		2/29/08		-34.90	%
Global Equity C##		2/29/08		-35.55	%
Global Equity I#		2/29/08		-34.40	%
Global Equity R3#		2/29/08		-34.70	%
Global Equity R4#		2/29/08		-34.60	%
Global Equity R5#		2/29/08		-34.50	%
Global Equity Y#		2/29/08		-34.40	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Cheryl M. Duckworth, CFA		Mark D. Mandel, CFA
Senior Vice President		Senior Vice President

How did the Fund perform?

The Class A shares of The Hartford Global Equity Fund returned -34.50%, before sales charge, for the eight-month period ended October 31, 2008, slightly outperforming its benchmark, the MSCI All Country World Index, which returned -34.88% for the same period. The Fund underperformed the -32.22% return of the average fund in the Lipper Global Multi-Cap Core peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The period was one of the most volatile in recent history. After a positive start to the year, the global equity markets stumbled on credit-crunch related issues such as the near collapse of the large investment bank Bear Stearns, the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk. In this environment, all sectors within the MSCI All Country World Index posted double digit declines for the eight month period ending October 31, 2008. Materials (-52%), Financials (-42%), and Industrials (-41%) declined the most while Health Care (-16%) and Consumer Staples (-19%) declined the least.

The Fund’s performance, relative to the benchmark, during the period benefited from stock selection in Financials and Industrials and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in the Health Care sector. Offsetting this performance was weaker stock selection within the Consumer Discretionary, Telecommunications Services, Consumer Staples, and Energy sectors. A modest position in cash also helped benchmark-relative (i.e. performance of the Fund as measured against the benchmark) performance given the declining equity markets.

Top contributors to relative performance during the period included ACE (Financials), Barr Pharmaceuticals (Health Care), and AstraZeneca (Health Care). ACE, a global property and casualty

insurance company, received a share price boost from robust earnings results, generated in part from the company’s strong balance sheet. Barr Pharmaceuticals has both proprietary and generic drug operations. The company received a stock and cash takeover offer from generic drug firm Teva Pharmaceutical boosting shares during the period. AstraZeneca, a pharmaceutical company, posted strong returns during the period partly driven by a favorable outcome in a U.S. patent battle over its second-biggest selling drug for schizophrenia and bipolar disorder, Seroquel. In addition, the Fund benefited, relative to its benchmark, by not holding insurer AIG, whose shares plummeted during the period as liquidity constraints and credit rating downgrades led to an unprecedented government bailout of the firm. Millennium (Health Care) was a top contributor to absolute (i.e. total return) performance.

The largest detractors from relative returns were Vale (Materials), Exxon Mobil (Energy), and Volkswagen (Consumer Discretionary). Vale is a Brazil-based mining company. The company’s shares fell on concerns that slowing economic growth would lead to soft demand and weaker prices for key commodities, including iron ore and nickel. Integrated oil and natural gas company Exxon Mobil benefited from its status as a safe haven within the energy sector during the period. The Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) position relative to the Index hurt relative performance. Shares in German auto manufacturer Volkswagen rose sharply at the end of October on news that Porsche was increasing its stake in the company, making Volkswagen Europe’s biggest company by market value. The Fund did not own the stock which hurt benchmark relative performance. E.ON (Utilities) and Gazprom (Energy) were among the top detractors from absolute performance. E.ON is a German-based industrial group primarily engaged in the energy business. The company’s shares fell with commodity prices and on fears of increased political/regulatory risk. Gazprom is a Russian natural gas supplier. The company’s shares fell during the period amid a weakening economic environment, escalating geopolitical concerns, and declining natural gas prices.

What is the outlook?

As the market continues to price in a weak economic environment, equities may remain challenged and volatile despite valuations that appear to be attractive on the surface. Governments and central banks have taken aggressive actions, including cutting interest rates and injecting capital into institutions in order to provide stability and stimulate economic growth. Further intervention may be necessary to unclog capital markets. We believe the recent wave of selling has created disconnects between company fundamentals and stock prices for many securities. In this environment, the Fund ended the period most overweight the Health Care and Consumer Staples sectors and most underweight the Consumer Discretionary, Energy, and Telecommunication Services sectors. The Fund’s largest absolute positions were in the Health Care and Consumer Staples sectors.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		1.2	%
Banks		8.5
Capital Goods		5.3
Consumer Durables & Apparel		0.5
Consumer Services		0.4
Diversified Financials		5.9
Energy		10.0
Food & Staples Retailing		1.8
Food, Beverage & Tobacco		7.9
Health Care Equipment & Services		4.4
Household & Personal Products		0.7
Insurance		4.0
Materials		6.1
Media		1.9
Pharmaceuticals, Biotechnology & Life Sciences		12.0
Real Estate		1.7
Retailing		2.6
Semiconductors & Semiconductor Equipment		1.0
Software & Services		5.7
Technology Hardware & Equipment		3.4
Telecommunication Services		3.6
Transportation		3.6
Utilities		4.7
Short-Term Investments		2.5
Other Assets and Liabilities		0.6

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		0.4	%
Austria		0.5
Belgium		0.7
Brazil		2.6
Canada		5.1
China		0.4
Denmark		0.2
Finland		0.1
France		4.7
Germany		3.7
Hong Kong		0.9
India		0.8
Indonesia		0.1
Ireland		0.2
Israel		0.9
Italy		0.4
Japan		7.0
Luxembourg		0.5
Malaysia		0.5
Netherlands		1.7
Norway		0.6
Russia		1.7
Singapore		0.9
South Africa		0.4
Spain		0.7
Sweden		1.2
Switzerland		3.5
Taiwan		0.5
Thailand		0.2
Turkey		0.5
United Kingdom		5.1
United States		50.2
Short-Term Investments		2.5
Other Assets and Liabilities		0.6

Total		100.0	%

The Hartford Global Financial Services Fund
(subadvised by Wellington Management Company, LLP)

MSCI Finance ex Real Estate Index includes only companies in both the MSCI Developed Index and in the Banks, Diversified Financials or Insurance industry groups. The constituents of this index will represent 85% of the market capitalization of all companies in these specific countries and industry groups.

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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Global Financial Services A#		10/31/00		-44.03	%		-2.06	%		-1.60	%
Global Financial Services A##		10/31/00		-47.11	%		-3.16	%		-2.29	%
Global Financial Services B#		10/31/00		-44.25	%		-2.66	%		-2.23	%
Global Financial Services B##		10/31/00		-46.68	%		-2.97	%		-2.23	%
Global Financial Services C#		10/31/00		-44.39	%		-2.77	%		-2.30	%
Global Financial Services C##		10/31/00		-44.87	%		-2.77	%		-2.30	%
Global Financial Services Y#		10/31/00		-43.70	%		-1.59	%		-1.14	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
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 -44.03%, before sales charge, for the twelve-month period ended October 31, 2008, outperforming its benchmark, the MSCI Finance ex-Real Estate Index, which returned -53.76% for the same period. The Fund also outperformed the -45.27% 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in recent history, especially for the Financial Services sector. After a positive start to the year, the global equity markets stumbled on credit — crunch related issues such as the near collapse of the large investment bank Bear Stearns, the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk by selling equities broadly. In this environment, all of the industries in the MSCI Finance ex-Real Estate Index had negative returns. Thrifts & Mortgage Finance (-84%), Capital Markets (-58%), and Diversified Financial Services (-53%) were hit the hardest.

The Fund’s outperformance relative to its benchmark during the period was due largely to stock selection, which was positive in five of six industries. Stock selection within Commercial Banks and Insurance holdings contributed the most to the Fund’s relative (i.e. performance of the Fund as measured against the benchmark) performance. In addition, while the Fund’s investment strategy is driven by bottom-up (i.e. stock by stock fundamental research) fundamental research, the Fund’s overweight (i.e. the Fund’s

sector position was greater than the benchmark position) to Consumer Finance and a modest allocation to cash also helped performance. The Fund’s overweight position in Thrifts & Mortgages detracted from results during the period as did stock selection within Capital Markets.

ACE (Insurance) and Discover Financial (Consumer Finance) contributed the most to relative performance versus the benchmark. ACE, a global property and casualty insurance company, received a share price boost from robust earnings results, generated in part from the company’s strong balance sheet. Discover Financial is a credit card company. The company’s conservative stance, unchanged underwriting standards, and limited exposure to the Florida and California markets helped to limit the decline in the stock price during the period. The Fund also benefited by avoiding or underweighting (i.e. the Fund’s sector position was less than the benchmark position) stocks that fell precipitously during the period, including National City (Commercial Banks), AIG (Insurance), and Royal Bank of Scotland (Commercial Banks).

Wells Fargo (Commercial Banks), Washington Mutual (WaMu) (Commercial Banks), and Old Mutual (Insurance) were the largest detractors from relative performance. Shares of Wells Fargo, a diversified financial services company, rose as the company captured market share from weakened competitors and saw very strong revenue and net interest income growth. We did not own the stock, which hurt benchmark-relative performance. WaMu was a consumer and small business U.S. banking company. The company’s mortgage-centric business model caused the share price to fall sharply over the course of the past year. We believed the selling to be overdone, particularly in view of WaMu’s attractive deposit footprint and solid capital levels. The company was ultimately acquired by JP Morgan Chase in a novel and unanticipated transaction that left shareholders with little residual value. We eliminated the position following these events. Old Mutual is a South Africa - based global insurance company whose share price suffered during the year due to a decline in global life insurance demand. Aegon (Insurance), DBS (Commercial Banks), and Invesco (Capital Markets) were the stocks that detracted the most from absolute (i.e. total return) performance.

What is the outlook?

The past year has been one of the most volatile and complex the financial sector has ever seen. However, the disorder and turmoil caused by illiquidity problems in the credit markets, and subsequently the banks, has generated opportunities. We continue to focus on stocks with low price/earnings multiples and avoid companies that are lacking strong customer franchises. We continue to favor Canadian banks as their underwriting standards and structure are conservative, which has served them well in this environment. At the end of the period our largest holdings were in ACE, Discover Financial, and JP Morgan Chase.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Asset Management & Custody Banks		8.6	%
Consumer Finance		10.7
Diversified Banks		29.5
Investment Banking & Brokerage		2.8
Multi-line Insurance		2.7
Other Diversified Financial Services		8.7
Property & Casualty Insurance		16.7
Regional Banks		7.3
Reinsurance		5.4
Specialized Finance		5.1
Thrifts & Mortgage Finance		2.2
Short-Term Investments		0.4
Other Assets and Liabilities		(0.1	)

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Brazil		4.1	%
Canada		11.0
France		7.6
Germany		8.5
Malaysia		1.4
Norway		3.6
Singapore		4.2
Switzerland		4.7
Thailand		0.9
United Kingdom		5.2
United States		48.5
Short-Term Investments		0.4
Other Assets and Liabilities		(0.1	)

Total		100.0	%

The Hartford Global Growth Fund
(subadvised by Wellington Management Company, LLP)

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 U.S., Canada, Europe, Australia, New Zealand and the Far East.

You cannot invest directly in an index.

Investment objective — Seeks growth of captial.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Global Growth A#		9/30/98		-52.57	%		-2.00	%		1.63	%		2.87	%
Global Growth A##		9/30/98		-55.18	%		-3.10	%		1.05	%		2.29	%
Global Growth B#		9/30/98		-52.83	%		-2.70	%	NA*			NA*
Global Growth B##		9/30/98		-54.90	%		-3.02	%	NA*			NA*
Global Growth C#		9/30/98		-52.94	%		-2.70	%		0.92	%		2.16	%
Global Growth C##		9/30/98		-53.35	%		-2.70	%		0.92	%		2.16	%
Global Growth R3#		9/30/98		-52.69	%		-1.73	%		2.03	%		3.28	%
Global Growth R4#		9/30/98		-52.66	%		-1.66	%		2.06	%		3.32	%
Global Growth R5#		9/30/98		-52.40	%		-1.51	%		2.14	%		3.40	%
Global Growth Y#		9/30/98		-52.31	%		-1.44	%		2.18	%		3.43	%


#		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)		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.

(2)		Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Andrew S. Offit, CPA	Jean-Marc Berteaux	Matthew D. Hudson, CFA
Senior Vice President, Partner	Senior Vice President, Partner	Vice President

How did the Fund perform?

The Class A shares of The Hartford Global Growth Fund returned -52.57%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the MSCI World Growth Index, which returned -40.65% for the same period. The Fund also underperformed the -43.63% 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?

Global equity markets fell during the period amid ongoing turmoil in global credit markets and increasing signs that deteriorating housing, employment, and credit markets in the U.S. are driving slower global economic growth. In this environment, the MSCI World Growth Index (-41%) modestly outperformed the MSCI World Value Index (-42%). Returns within the MSCI World Growth Index were significantly negative across all sectors. Financials (-52%), Materials (-51%), and Industrials (-47%) fell the most, while traditionally defensive sectors like Health Care (-23%) and Consumer Staples (-23%) declined the least.

The Fund’s underperformance versus the MSCI World Growth Index was primarily driven by security selection. Selection was weakest in the Information Technology, Financials, and Consumer Discretionary sectors. This was partially offset by positive stock selection in Materials and Telecommunication Services. Sector allocation, which is a residual of bottom-up (i.e. stock by stock fundamental research) security selection, also detracted from relative (i.e. performance of the Fund as measured against the benchmark) performance. The Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) to Consumer

Staples and overweights (i.e. the Fund’s sector position was greater than the benchmark position) to Energy and Financials hurt benchmark-relative returns.

The top detractors from the Fund’s relative performance were Lehman Brothers (Financials), Electronic Arts (Information Technology), and Las Vegas Sands (Consumer Discretionary). Lehman Brothers, a U.S.-based investment bank, filed for bankruptcy in September as its exposure to mortgage-related securities caused asset write-downs and a liquidity crunch. Although we sold our holdings prior to the company’s bankruptcy due to concerns over the firm’s liquidity and solvency, the position was still a negative contributor. Video game company Electronic Arts reported an annual profit outlook that fell short of expectations as a drive to improve the quality of its products increased its costs, pushing the company’s shares lower. Shares of Las Vegas Sands, a developer and operator of hotel, gaming, and resort businesses, fell due to disappointing earnings. Other significant detractors from relative and absolute (i.e. total return) returns included beverage company Carlsberg (Consumer Discretionary), mining company Xtrata (Materials), and solar products producer SunPower (Industrials).

St. Jude Medical (Health Care), Monsanto (Materials), and Teva Pharmaceuticals (Health Care) were the leading contributors to benchmark-relative performance. While the share prices of all three companies declined during the period, they fell significantly less than the market, benefiting benchmark-relative performance. St. Jude Medical, a manufacturer of medical devices for heart-related and neurological conditions, saw its shares rise after the company announced better-than-expected earnings and raised its full-year earnings guidance. Strong results were attributed to a rebound in sales of its implantable cardioverter defibrillators (ICDs). Shares of the Israel-based drug manufacturer Teva rose after the company reported better-than-expected second quarter earnings driven by strong sales of its multiple-sclerosis drug Copaxone. Monsanto, a leading global seed producer and crop chemical company, issued guidance above analyst estimates earlier in the year, pushing its shares higher. Top absolute contributors included pharmaceutical giant Amgen (Health Care), consumer electronics company LG Electronics (Consumer Discretionary), and cell phone component maker Qualcomm (Information Technology).

What is the outlook?

Portfolio construction is a bottom-up process based on intensive company research. Allocations among sectors are the result of individual stock decisions. At the end of the period, our stock-by-stock investment process resulted in greater-than-benchmark weights in Health Care, Telecommunication Services, and Information Technology stocks. The Fund held less-than-benchmark weights in Consumer Discretionary, Consumer Staples, and Utilities names. Exposure to Health Care increased during the year as we found companies we believe offer attractive valuations and that should perform relatively well in a difficult economic environment. Top positions at the end of October included Israeli generic drug company Teva Pharmaceuticals and specialty pharmaceutical firm Allergan. Telecommunication Services was the Fund’s second-largest overweight at the close of the fiscal year, with significant positions in wireless communications service providers MetroPCS and Millicom International Cellular, as well as wireless communication infrastructure company American Tower.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Banks		2.7	%
Capital Goods		8.7
Consumer Services		2.0
Diversified Financials		5.7
Energy		7.8
Food, Beverage & Tobacco		5.7
Health Care Equipment & Services		3.2
Household & Personal Products		2.8
Insurance		0.5
Materials		7.5
Media		1.4
Pharmaceuticals, Biotechnology & Life Sciences		18.1
Software & Services		12.7
Technology Hardware & Equipment		7.9
Telecommunication Services		8.5
Transportation		1.0
Short-Term Investments		3.5
Other Assets and Liabilities		0.3

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		1.9	%
Canada		3.3
China		0.6
Denmark		2.2
France		3.8
Germany		2.7
Greece		0.6
Israel		2.5
Japan		3.3
Luxembourg		1.3
Norway		1.3
Spain		1.6
Switzerland		7.1
Taiwan		1.0
United Kingdom		4.6
United States		58.4
Short-Term Investments		3.5
Other Assets and Liabilities		0.3

Total		100.0	%

The Hartford Global Health Fund
(subadvised by Wellington Management Company, LLP)

S&P 500 Index is a market capitalization weighted price index composed of 500 widely held common stocks.

S&P North American Health Care Sector Index is a modified capitalization-weighted index based on United States headquartered health care companies. Stocks in the index are weighted such that each stock is no more than 7.5% of the market capitalization as of the most recent reconstitution date. The companies included in the index must be common stocks and be traded on the American Stock Exchange, Nasdaq or the New York Stock Exchange and meet certain established market capitalization levels.

You cannot invest directly in an index.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Global Health A#		5/01/00		-27.59	%		2.94	%		6.75	%
Global Health A##		5/01/00		-31.57	%		1.79	%		6.04	%
Global Health B#		5/01/00		-28.17	%		2.15	%	NA*
Global Health B##		5/01/00		-31.49	%		1.83	%	NA*
Global Health C#		5/01/00		-28.10	%		2.20	%		5.98	%
Global Health C##		5/01/00		-28.77	%		2.20	%		5.98	%
Global Health I#		5/01/00		-27.36	%		3.13	%		6.86	%
Global Health R3#		5/01/00		-27.78	%		3.15	%		7.13	%
Global Health R4#		5/01/00		-27.52	%		3.30	%		7.22	%
Global Health R5#		5/01/00		-27.18	%		3.43	%		7.30	%
Global Health Y#		5/01/00		-27.23	%		3.46	%		7.32	%


#		Without sales charge

##		With sales charge

NA		Not Applicable

*		Inception returns are not applicable for Class B because after 8 years Class Class B converts to Class A

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Robert L. Deresiewicz	Ann C. Gallo	Jean M. Hynes, CFA	Kirk J. Mayer, CFA
Vice President,	Senior Vice President, Partner,	Senior Vice President, Partner	Vice President,
Global Industry Analyst	Global Industry Analyst	Global Industry Analyst	Global Industry Analyst

How did the Fund perform?

The Class A shares of The Hartford Global Health Fund returned -27.59%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the S&P North American Health Care Sector Index, which returned -24.60% for the same period. The Fund also underperformed the -26.92% return of the average fund in the Lipper Global 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?

It has been a difficult environment for all investment styles over the last twelve months. Health Care stocks, as measured by the S&P North American Health Care Index, returned -25% and proved to be somewhat defensive during the period, outperforming the broader U.S. market, which returned -36%, as measured by the S&P 500 Index, and the world market return of -41%, as measured by the MSCI World Index. Within the S&P North American Health Care Index, all sub-sectors posted negative returns. Health Care Providers & Services (-43%), Health Care Technology (-40%) and Life Sciences Tools & Services (-32%) declined the

most. Biotechnology stocks (-4%) performed well relative to the other sub-sectors.

The Fund underperformed primarily due to weak stock selection in the Health Care Providers & Services and Biotechnology sub-sectors. Partially offsetting this was strong stock selection in Health Care Equipment & Supplies and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the Biotechnology sub-sector. The Fund also benefited from a modest allocation to cash, which helped relative (i.e. performance of the Fund as measured against the benchmark) performance in a downward-trending market.

The top detractors from relative performance during the period included Coventry, Elan and Amylin. Shares of Coventry, a diversified managed healthcare company, fell sharply after the company lowered its earnings guidance well below expectations due to increases in its medical costs. Shares of neuroscience-based biotechnology firm Elan declined on disappointing developments concerning the firm’s experimental Alzheimer’s disease drug Bapineuzumab and multiple-sclerosis drug Tysabri. Shares of biopharmaceutical company Amylin were hit hard after news that their diabetes drug Byetta was linked to deaths in several patients due to pancreatitis, an inflammation of the pancreas. In addition, not owning New-Jersey based health products maker Johnson & Johnson hurt relative performance as the company reported strong profits driven by dollar weakness that drove up foreign revenues. Top detractors from the Fund’s absolute (i.e. total return) returns also included pharmaceutical firm Schering-Plough, managed care organization Health Net, and health care equipment company McKesson.

Millennium Pharmaceutical, Shionogi, and Barr Pharmaceuticals were among the top contributors to relative performance during the period. Shares of U.S.-based biotech company Millennium Pharmaceuticals rose on news of a proposed acquisition of the company by Japan’s biggest drugmaker Takeda Pharmaceutical. Shionogi, a Japanese pharmaceutical company, saw its shares rise after reporting steady earnings growth driven by sales of cholesterol lowering drug Crestor and allergy drug Claritin. Shares of Barr Pharmaceuticals, a global pharmaceutical company with both proprietary and generic drug operations, rose after the company received a stock and cash takeover offer from generic drug firm Teva Pharmaceutical. Not owning pharmaceutical firm Merck, whose shares fell significantly after bad news about its cholesterol drug Vytorin, also helped relative performance. Other significant contributors to absolute performance were leading biotechnology company Genentech and biopharmaceutical company Imclone Systems.

What is the outlook?

Within the Pharmaceutical & Biotechnology sub-sectors we may be entering a period where performance is not as concentrated in one or two areas but more broadly diverse. While the Health Care Providers & Services sub-sector experienced significant volatility in the first half of 2008, the outlook for the last quarter of 2008 appears more stable. We have taken advantage of the recent volatility and increased our exposure to this sub-sector. Within the Health Care Equipment & Supplies sub-sector most stocks appear fairly valued; however, we continue to look for companies with underappreciated franchises or promising R&D projects.

At the end of the period, the Fund was most overweight the Health Care Equipment & Supplies and Biotechnology sub-sectors, and most underweight (i.e. the Fund’s sector position was less than the benchmark position) the Pharmaceuticals and Life Sciences Tools & Services sub-sectors relative to the Index. We strive to take advantage of market opportunities and continuously seek to upgrade the Fund by adding good companies on price weakness and trimming into strength.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Biotechnology		22.4	%
Drug Retail		2.0
Health Care Distributors		4.3
Health Care Equipment		24.8
Health Care Facilities		1.2
Health Care Technology		0.6
Life Sciences Tools & Services		0.2
Managed Health Care		9.3
Pharmaceuticals		35.7
Short-Term Investments		13.4
Other Assets and Liabilities		(13.9	)

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Belgium		1.9	%
China		0.3
Denmark		0.5
France		3.5
Ireland		1.1
Israel		3.0
Italy		0.5
Japan		11.4
Spain		0.3
Switzerland		1.5
United Kingdom		1.5
United States		75.0
Short-Term Investments		13.4
Other Assets and Liabilities		(13.9	)

Total		100.0	%

The Hartford Global Technology Fund
(subadvised by Wellington Management Company, LLP)

S&P 500 Index is a market capitalization weighted price index composed of 500 widely held common stocks.

S&P North American Technology Sector Index is a modified capitalization- weighted index based on United States-headquartered technology companies. Stocks in the index are weighted such that each stock is no more than 8.5% of the market capitalization as of the most recent reconstitution date. The companies included in the index must be common stocks and traded on the American Stock Exchange, Nasdaq or the New York Stock Exchange and meet certain established market capitalization levels.

You cannot invest directly in an index.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3)(as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception
Global Technology A#		5/01/00		-46.89	%		-3.88	%		-10.72	%
Global Technology A##		5/01/00		-49.81	%		-4.96	%		-11.31	%
Global Technology B#		5/01/00		-47.15	%		-4.51	%	NA*
Global Technology B##		5/01/00		-49.80	%		-4.89	%	NA*
Global Technology C#		5/01/00		-47.36	%		-4.67	%		-11.42	%
Global Technology C##		5/01/00		-47.89	%		-4.67	%		-11.42	%
Global Technology Y#		5/01/00		-46.71	%		-3.52	%		-10.37	%


#		Without sales charge

##		With sales charge

NA		Not Applicable

*		Inception returns are not applicable for Class B because after 8 years Class Class B converts to Class A

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
John F. Averill, CFA Senior Vice President, Partner Global Industry Analyst	Anita M. Killian, CFA Senior Vice President, Partner Global Industry Analyst	Eric Stromquist Senior Vice President, Partner Global Industry Analyst

Bruce L. Glazer Senior Vice President, Partner Global Industry Analyst	Scott E. Simpson Senior Vice President, Partner Global Industry Analyst

How did the Fund perform?

The Class A shares of The Hartford Global Technology Fund returned -46.89%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the S&P North American Technology Sector Index, which returned -41.46% for the same period. Additionally, the Fund modestly underperformed the -46.36% return of the average fund in the Lipper Global 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?

by the S&P 500 Index (-36%), and the broader market, as measured by the MSCI All Country World Index (-43%).

The Fund underperformed during the period primarily due to security selection. IBM, Electronic Arts, and SeaGate Technology were the top detractors from relative (i.e. performance of the Fund as measured against the benchmark) performance. Relative performance was hurt by selling our shares of IBM early in the period, during a time period when its shares outperformed the broader technology index. Video game software company Electronic Arts saw its shares drift lower on disappointing bottom-line results due to high development costs and acquisition charges. Shares of SeaGate Technology, a manufacturer of disk drives, fell after the company guided to significantly lower gross margins due to re-setting prices in an effort to reduce inventories. Microsoft and Cisco Systems were among the top absolute (i.e. total return) detractors from performance during the period.

Accenture, Motorola, and Qualcomm were the top contributors to relative performance during the period. Accenture outperformed over the period as the resiliency of its business model during this economic downturn has surprised on the upside allowing it to post solid results and future guidance. The Fund’s relative performance benefited from not owning Motorola, a provider of mobile phone technology, services, and products, in a period when it underperformed the technology index. Shares of Qualcomm, a leader in advanced wireless semiconductors, rose following a patent settlement with Nokia and strong fiscal third quarter results driven by revenue growth in CDMA and licensing divisions. Apollo Group and Marvell Technology were also among the top absolute contributors to performance.

What is the outlook?

Economic activity has been slowing globally this year due to growing fears over consumer spending and contracting growth. The Technology sector did not escape this downturn. However, we believe that the future remains attractive for Technology stocks overall and we look for names with a diversified geographic base of customers, a diverse product line, and those entering new product cycles.

The handset market looks healthy despite this challenging economic climate, particularly within the smart phone space. We like companies that are market share gainers with strong, new product pipelines. Corporate IT spending has been relatively resilient but is likely to decelerate. We favor large technology leaders with large recurring revenue sources. Softening demand in the semiconductor space is making us highly selective; the industry has underperformed this year and still has a ways to come down due to the economic slowdown. Computer services fundamentals are attractive as this area tends to perform well when the overall economy slows. We believe that companies in the money transfer arena are in a much better position going into this recession. We also see strong bookings within consulting services. We expect staffing companies to do well as they are more defensively positioned.

At the end of the period, the Fund was most overweight (i.e. the Fund’s sector position was greater than the benchmark position) the IT Services and Software sectors and most underweight (i.e. the Fund’s sector position was less than the benchmark position) Computers & Peripherals names relative to the S&P North American Technology Sector Index. At the end of the period, our largest holdings were in Microsoft, Cisco Systems, Oracle, and Google.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Communications Equipment		16.7	%
Computer Hardware		12.7
Computer Storage & Peripherals		1.4
Data Processing & Outsourced Services		10.5
Education Services		2.2
Electronic Manufacturing Services		2.4
Home Entertainment Software		3.5
Human Resource & Employment Services		0.8
Internet Software & Services		7.8
IT Consulting & Other Services		3.7
Semiconductor Equipment		4.2
Semiconductors		9.6
Systems Software		20.9
Technology Distributors		1.0
Short-Term Investments		0.7
Other Assets and Liabilities		1.9

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Canada		4.1	%
Hong Kong		0.7
South Korea		0.2
Taiwan		4.7
United States		87.7
Short-Term Investments		0.7
Other Assets and Liabilities		1.9

Total		100.0	%

The Hartford Growth Allocation Fund
(subadvised by Hartford Investment Management Company)

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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Growth Allocation A#		5/28/04		-35.00	%		-0.08	%
Growth Allocation A##		5/28/04		-38.58	%		-1.35	%
Growth Allocation B#		5/28/04		-35.52	%		-0.77	%
Growth Allocation B##		5/28/04		-38.48	%		-1.17	%
Growth Allocation C#		5/28/04		-35.50	%		-0.76	%
Growth Allocation C##		5/28/04		-36.09	%		-0.76	%
Growth Allocation I#		5/28/04		-34.75	%		0.09	%
Growth Allocation R3#		5/28/04		-35.32	%		-0.27	%
Growth Allocation R4#		5/28/04		-34.95	%		-0.06	%
Growth Allocation R5#		5/28/04		-34.78	%		0.05	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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 classes.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Hugh Whelan		Edward C. Caputo
Managing Director		Assistant Vice President

How did the Fund perform?

The Class A shares of The Hartford Growth Allocation Fund returned -35.00%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmarks, the S&P 500 Index and the Barclays Capital U.S. Aggregate Bond Index (formerly Lehman Brothers U.S. Aggregate Bond Index), returned -36.08% and 0.30%, respectively, while the average return of the Lipper Mixed-Asset Target Allocation Growth Funds category, a group of funds with investment strategies similar to those of the Fund, was -30.99%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted, sending stock prices sharply lower. Within U.S. equities, although all segments of the market declined, small-cap stocks outperformed mid-cap and large-cap stocks. Across all capitalizations, the value investment style beat growth. In contrast to the prior year, U.S. stocks significantly outperformed international stocks. In the fixed-income market, U.S. Treasury securities outperformed all other sectors as the flight to quality pushed Treasury yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date), with the yield on five-year Treasury notes declining 134 basis points to 2.83% and the yield on 10-year notes declining 52 basis points to 3.95%. Spreads in all non-government sectors widened dramatically (i.e. short and long term interest rates moving farther apart), but commercial mortgage-backed securities (CMBS) turned in the

What is the outlook?

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		20.5	%
Hartford Disciplined Equity Fund, Class Y		3.4
Hartford Dividend and Growth Fund, Class Y		3.3
Hartford Equity Income Fund, Class Y		3.2
Hartford Fundamental Growth Fund, Class Y		0.5
Hartford Global Growth Fund, Class Y		6.7
Hartford Growth Fund, Class Y		3.2
Hartford Growth Opportunities Fund, Class Y		5.5
Hartford Inflation Plus Fund, Class Y		4.1
Hartford International Opportunities Fund, Class Y		3.8
Hartford International Small Company Fund, Class Y		3.9
Hartford Select MidCap Value Fund, Class Y		1.7
Hartford Select SmallCap Value Fund, Class Y		4.8
Hartford Short Duration Fund, Class Y		3.8
Hartford Small Company Fund, Class Y		4.1
Hartford Total Return Bond Fund, Class Y		11.5
Hartford Value Fund, Class Y		15.0
SPDR DJ Wilshire International Real Estate ETF		0.6
SPDR DJ Wilshire REIT ETF		0.3
Other Assets and Liabilities		0.1

Total		100.0	%

The Hartford Growth Fund
(subadvised by Wellington Management Company, LLP)

Russell 1000 Growth Index is an unmanaged index which 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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(1,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Growth A#		6/08/49		-40.77	%		-2.27	%		0.92	%		10.03	%
Growth A##		6/08/49		-44.03	%		-3.37	%		0.35	%		9.92	%
Growth B#		11/14/94		-41.16	%		-3.00	%	NA*			NA*
Growth B##		11/14/94		-43.83	%		-3.32	%	NA*			NA*
Growth C#		11/14/94		-41.19	%		-2.95	%		0.21	%		4.67	%
Growth C##		11/14/94		-41.73	%		-2.95	%		0.21	%		4.67	%
Growth I#		2/19/02		-40.53	%		-2.11	%	NA				-0.96	%
Growth L#		6/08/49		-40.61	%		-2.00	%		1.10	%		10.06	%
Growth L##		6/08/49		-43.43	%		-2.95	%		0.61	%		9.97	%
Growth R3#		2/19/02		-40.93	%		-2.04	%	NA				-1.14	%
Growth R4#		2/19/02		-40.70	%		-1.92	%	NA				-1.04	%
Growth R5#		2/19/02		-40.56	%		-1.82	%	NA				-0.97	%
Growth Y#		2/19/02		-40.50	%		-1.78	%	NA				-0.94	%


#		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. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.

(2)		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.

(3)		The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Andrew J. Shilling, CFA Senior Vice President, Partner, Global Industry Analyst		John A. Boselli, CFA Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Growth Fund returned -40.77%, before sales charge, for the twelve-month period ended October 31, 2008 underperforming its benchmark, the Russell 1000 Growth Index, which returned -36.95% for the same period. The Fund also underperformed the -38.39% return of the average fund in the Lipper 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in history. After a positive start to the year, global equity markets stumbled as the widespread contraction in credit led to major changes in the financial landscape. These included the near collapse of the large investment bank Bear Stearns, government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk, punishing equity securities broadly.

Large (-36%), mid (-36%), and small (-34%) cap stocks declined in unison during the period, as measured by the S&P 500 , S&P

MidCap 400 and Russell 2000 Indices, respectively. Growth and Value stocks both declined by 37%, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. There were no safe havens as all ten sectors within the Russell 1000 Growth Index posted negative returns. Financials (-51%), Utilities (-45%), and Materials (-43%) declined the most, while traditionally defensive sectors Consumer Staples (-13%) and Health Care (-24%) declined the least.

The Fund’s underperformance versus its benchmark was driven by both stock selection and sector positioning, which is a fallout of the bottom-up (i.e. stock by stock fundamental research) stock selection process. Strong security selection, relative to the benchmark, in Information Technology and Materials was more than offset by weaker results in Industrials, Health Care, and Consumer Staples. In addition, relative (i.e. performance of the Fund as measured against the benchmark) returns were hurt by our below-benchmark weight in Consumer Staples and above-benchmark weight in Information Technology. The Fund benefited from a modest cash position, which helped relative performance in a downward-trending market.

Wal-Mart (Consumer Staples), MF Global (Financials), Focus Media (Consumer Discretionary), and Freeport-McMoRan (Materials) were the top detractors from relative performance during the period. Not owning the world’s largest retailer Wal-Mart, which investors believe is well-positioned for a softening retail environment, hurt benchmark-relative performance. Shares of Bermuda-based independent derivatives broker MF Global fell sharply after a rogue trader within the firm caused significant losses by trading unauthorized wheat futures contracts. Shares of Chinese digital advertising and media company Focus Media trended lower due to concerns about management changes, accounting issues, and mobile spamming. Shares of copper and gold mining company Freeport-McMoRan fell after the company reported weaker than expected second quarter earnings as slowing global economic growth reduced the pace of infrastructure build-outs in emerging markets. Top detractors from the Fund’s absolute (i.e. total return) returns were software giant Microsoft (Information Technology), internet-search firm Google (Information Technology) and investment bank Goldman Sachs (Financials).

Top contributors to benchmark-relative returns were EOG Resources (Energy), U.S. Steel (Materials), and Abbott Laboratories (Health Care). Shares of oil and gas exploration producer EOG Resources performed well during the period, despite falling oil prices in the third quarter, as the firm has valuable long-term assets, attractive reinvestment opportunities, low-cost natural gas production capabilities, and a good track record of finding and producing gas at below industry costs. Steel producer U.S. Steel saw its shares benefit from rising global demand in the first half of the year, pushing prices and margins higher. We eliminated the position before steel prices plummeted late in the period. Shares of Abbott Laboratories, a drug and medical device company, continued to benefit from the strong growth of Humira, a drug for rheumatoid arthritis and psoriasis. Holding Canadian fertilizer and feed products company Potash (Energy) and contract drilling company Diamond Offshore (Energy) also contributed to absolute returns.

What is the outlook?

In this environment we continue to focus our efforts on stock-by-stock fundamental research, picking one stock at a time based upon the attractiveness of each company’s valuation and fundamentals. As a result of this bottom up stock selection, our largest exposures relative to the benchmark at the end of the period were in Information Technology, Health Care, and Consumer Discretionary. We moved from an underweight to an overweight exposure in Health Care during the period, as we uncovered several stocks that we believe are less economically sensitive and should perform relatively well in a difficult economic environment. At the end of the period, we were most underweight the Consumer Staples, Materials, and Utilities sectors.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Capital Goods		12.1	%
Consumer Durables & Apparel		2.3
Consumer Services		1.6
Diversified Financials		1.3
Energy		8.3
Food & Staples Retailing		1.9
Food, Beverage & Tobacco		3.0
Health Care Equipment & Services		6.7
Insurance		2.7
Materials		1.6
Media		2.2
Pharmaceuticals, Biotechnology & Life Sciences		11.7
Retailing		4.7
Semiconductors & Semiconductor Equipment		1.3
Software & Services		20.9
Technology Hardware & Equipment		11.2
Telecommunication Services		1.0
Transportation		0.4
Utilities		0.4
Short-Term Investments		8.1
Other Assets and Liabilities		(3.4	)

Total		100.0	%

The Hartford Growth Opportunities Fund

(subadvised by Wellington Management Company, LLP)

Russell 1000 Growth Index is an unmanaged index which measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values.

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.

Investment objective — Seeks capital appreciation.

Average Annual Total Returns(1,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Growth Opp A#		3/31/63		-44.66	%		2.90	%		4.76	%		11.68	%
Growth Opp A##		3/31/63		-47.70	%		1.74	%		4.17	%		11.54	%
Growth Opp B#		11/14/94		-45.07	%		2.11	%		NA	*		NA	*
Growth Opp B##		11/14/94		-47.42	%		1.81	%		NA	*		NA	*
Growth Opp C#		11/14/94		-45.01	%		2.16	%		4.02	%		6.64	%
Growth Opp C##		11/14/94		-45.48	%		2.16	%		4.02	%		6.64	%
Growth Opp I#		2/19/02		-44.35	%		3.09	%	NA				3.39	%
Growth Opp L#		3/31/63		-44.50	%		3.17	%		4.95	%		11.73	%
Growth Opp L##		3/31/63		-47.13	%		2.17	%		4.44	%		11.61	%
Growth Opp R3#		2/19/02		-44.77	%		3.12	%	NA				3.13	%
Growth Opp R4#		2/19/02		-44.60	%		3.27	%	NA				3.24	%
Growth Opp R5#		2/19/02		-44.41	%		3.37	%	NA				3.32	%
Growth Opp Y#		2/19/02		-44.38	%		3.40	%	NA				3.34	%


#		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. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.

(2)		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.

(3)		The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Michael T. Carmen, CFA, CPA Senior Vice President, Partner		Mario E. Abularach, CFA, CMT Vice President

How did the Fund perform?

The Class A shares of The Hartford Growth Opportunities Fund returned -44.66%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming the benchmark, the Russell 3000 Growth Index, which returned -37.04% for the same period. The Fund also underperformed the -40.06% 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?

Overall equity market performance was weak for the period. Within the Russell 3000 Growth Index, all sectors posted sharp negative returns led by Financial Services (-49%), Utilities (-45%), and Telecommunication Services (-44%). The sectors that declined the least in this environment were Consumer Staples (-13%) and Health Care (-25%).

The Fund underperformed due to adverse security selection, particularly in Health Care, Industrials, and Consumer Discretionary. An underweight (i.e. the Fund’s sector position was less than the benchmark position) position to Consumer Staples, the result of bottom-up (i.e. stock by stock fundamental research) stock selection decisions, also detracted from performance.

Individual holdings that proved detrimental to results during the period included Focus Media (Consumer Discretionary), Manitowoc (Industrials), and Research in Motion (Information Technology). Shares of China-based digital advertising company Focus Media trended lower due to concerns about management changes, accounting practices, and mobile spamming. Crane manufacturer Manitowoc lost traction as its order backlog declined. Research in Motion, purveyor of Blackberry wireless handheld devices, met consensus sales forecasts but reported weaker than expected margins. The market punished the stock, interpreting the margin shortfall as a signal of increasing competition in smart phones as opposed to company-specific new product transition issues. Not holding U.S. retail giant Wal-Mart also hurt relative (i.e. performance of the Fund as measured against the benchmark) performance.

Stock selection within Financials and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Energy helped performance relative to its benchmark during the period. Frictional cash holdings also buoyed results in a down market. Top individual stock contributors included U.S. Steel (Materials), EOG Resources (Energy), and Rio Tinto (Materials). Against a backdrop of tight global steel markets, U.S. Steel’s vertically integrated business model allowed the company to achieve better than anticipated margins. Shares in EOG Resources, an oil and natural gas exploration company, rose after management announced a large natural gas discovery in British Columbia and raised production forecasts for existing fields in Texas and Colorado. EOG also benefited from higher energy prices. In addition to benefiting from its leverage to iron ore at a time of robust demand and rising prices, diversified international mining concern Rio Tinto was also boosted by a takeover proposal from Australian mining giant BHP Billiton. We eliminated the position into this strength.

What is the outlook?

An uncertain global economic outlook together with unpredictable and volatile equity markets have inflicted wounds that will take time to heal. Leverage and illiquidity are exacerbating the situation, creating in many cases what we see as a disconnect between fundamentals and valuation. As always, we continue to focus our research efforts on identifying stocks of companies whose future growth is underpriced.

At the end of the period, our bottom-up decisions resulted in overweights in Financials, Health Care, and Industrials and underweights in Consumer Staples, Information Technology and Energy relative to the Russell 3000 Growth Index. Top holdings included Medtronic (Health Care), Lockheed Martin (Industrials), General Electric Company (Industrials), and Cephalon (Health Care).

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Banks		1.8	%
Capital Goods		13.4
Commercial & Professional Services		2.5
Consumer Durables & Apparel		2.1
Diversified Financials		5.6
Energy		5.1
Food, Beverage & Tobacco		2.2
Health Care Equipment & Services		7.7
Household & Personal Products		2.2
Insurance		5.5
Materials		4.9
Media		1.9
Other Investment Pools and Funds		1.0
Pharmaceuticals, Biotechnology & Life Sciences		14.1
Retailing		3.5
Software & Services		12.2
Technology Hardware & Equipment		6.6
Telecommunication Services		1.7
Transportation		0.7
Short-Term Investments		4.1
Other Assets and Liabilities		1.2

Total		100.0	%

The Hartford High Yield Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital 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.

Investment objective — Seeks high current income. Growth of capital is a secondary objective.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

High Yield A#		9/30/98		-24.40	%		-0.38	%		1.89	%		1.85	%
High Yield A##		9/30/98		-27.80	%		-1.29	%		1.42	%		1.38	%
High Yield B#		9/30/98		-25.00	%		-1.13	%		NA	*		NA	*
High Yield B##		9/30/98		-28.48	%		-1.42	%		NA	*		NA	*
High Yield C#		9/30/98		-25.01	%		-1.07	%		1.19	%		1.15	%
High Yield C##		9/30/98		-25.71	%		-1.07	%		1.19	%		1.15	%
High Yield I#		9/30/98		-24.11	%		-0.25	%		1.95	%		1.91	%
High Yield R3#		9/30/98		-24.70	%		-0.19	%		2.18	%		2.14	%
High Yield R4#		9/30/98		-24.32	%		-0.04	%		2.26	%		2.22	%
High Yield R5#		9/30/98		-24.16	%		0.04	%		2.30	%		2.26	%
High Yield Y#		9/30/98		-24.09	%		0.09	%		2.32	%		2.29	%


#		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)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Class I shares commenced operations on 5/31/07. Performance prior to 5/31/07 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.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Mark Niland, CFA Managing Director		James Serhant, CFA Senior Vice President, Senior Investment Analyst

How did the Fund perform?

The Class A shares of The Hartford High Yield Fund returned -24.40%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital High Yield Corporate Bond Index (formerly the Lehman Brothers High Yield Corporate Bond Index), returned -25.81% while the average return of the Lipper High Current Yield Funds category, a group of funds with investment strategies similar to those of the Fund, was -25.38%.

Why did the Fund perform this way?

The extreme turmoil and volatility in the financial markets during the reporting year led to a prolonged flight to quality. As a result, the high yield market struggled as investors fled risky assets in favor of higher-quality, lower-yielding securities. Although it was a difficult year for the Fund, it outperformed its benchmark due in large part to positive security selection. In particular, an underweight (i.e. the Fund’s sector position was less than the benchmark position) exposure relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark to Ford and GM unsecured bonds was additive to relative performance, as sales of autos have fallen dramatically due to the combination of the weak economy and limited availability of credit for new car purchases. Strong security selection in the cable television sector, as well as an overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocation, also contributed positively to performance. The sector fared better than others as it has many defensive attributes which make it less vulnerable to an economic downturn. Within the financial sector, the Fund was more conservatively positioned than the benchmark in the auto-related finance sub-sector with a relative overweight to higher quality issues, which was also beneficial to performance.

Security selection within the technology sector, however, detracted from the Fund’s relative performance.

Throughout the period, the Fund maintained an allocation to cash in order to ensure that redemptions could be met with a minimum of disruption to the portfolio and to enable the Fund to take advantage of opportunities that presented themselves during the year.

What is the outlook?

The forced selling that has been taking place in the market has put considerable pressure on high yield bond prices and led to a technical imbalance in the market as supply for these securities exceeds demand. Until this supply overhang clears, it will be difficult for the high yield market to realize and sustain higher returns.

In our view, not every company will successfully navigate through this volatility and therefore, defaults will continue to rise. However, with spreads in many segments of the market at or near record levels, we believe there are a number of attractive opportunities to be found for the discriminating investor.

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		0.4	%
AA		0.3
A		1.9
BBB		0.5
BB		24.9
B		46.1
CCC		18.4
C		0.1
Not Rated		7.4

Total		100.0	%

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Basic Materials		8.2	%
Capital Goods		1.4
Consumer Cyclical		13.7
Consumer Staples		1.3
Energy		6.2
Finance		9.9
Health Care		8.1
Real Estate		0.1
Services		13.2
Technology		18.3
Transportation		1.8
Utilities		7.0
Short-Term Investments		15.1
Other Assets and Liabilities		(4.3	)

Total		100.0	%

The Hartford High Yield Municipal Bond Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital Municipal Non-Investment Grade Debt Index is an unmanaged index made up of bonds that are non-investment grade, unrated, or rated below Ba1 by Moody’s Investors Service with a remaining maturity of at least one year.

You cannot invest directly in an index.

Investment objective — Seeks to provide a high level of current income which is generally exempt from federal income taxes. Capital appreciation is a secondary objective.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception	1	Since
	Date	Year	Inception

High Yield Municipal Bond A#	5/31/07	-18.60%	-15.56%
High Yield Municipal Bond A##	5/31/07	-22.26%	-18.25%
High Yield Municipal Bond B#	5/31/07	-19.36%	-16.30%
High Yield Municipal Bond B##	5/31/07	-23.20%	-18.51%
High Yield Municipal Bond C#	5/31/07	-19.24%	-16.21%
High Yield Municipal Bond C##	5/31/07	-20.01%	-16.21%
High Yield Municipal Bond I#	5/31/07	-18.50%	-15.36%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		Growth of a $10,000 investment in Classes B, C and I shares will vary from results seen above due to differences in the expenses charged to these share classes.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Christopher Bade Vice President		Charles Grande Executive Vice President

How did the Fund perform?

The Class A shares of The Hartford High Yield Municipal Bond Fund returned -18.60%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital Municipal Non-Investment Grade Debt Index (formerly the Lehman Brothers High Yield Municipal Index), returned -18.92% while the average return of the Lipper High Yield Municipal Funds category, a group of funds with investment strategies similar to those of the Fund, was -18.67%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Underwriters and institutional and retail investors became unwilling to commit capital to investment markets, including municipal bonds, as the desire to hold cash became extreme. Credit rating downgrades of major monoline insurers and the volatile and deteriorating auction rate and variable rate markets caused further turmoil and disruption in the municipal market. These factors, coupled with bank consolidations, the takeovers of American International Group (AIG), Fannie Mae and Freddie Mac, municipal hedge fund liquidations, and mutual fund outflows led to a severe decline in demand for municipal bonds, forcing municipal bonds to cheapen and spreads to widen (i.e. short and long term interest rates moving farther apart). For the overall period, municipal credit spreads (the incremental yield an investor receives for taking on greater credit risk) widened by approximately 256 basis points for investment grade bonds and 273 basis points for high yield bonds. Yields rose across all but the short end of the municipal yield curve (i.e. municipal bonds with a shorter maturity date), with the greatest increases occurring on long-maturity issues. As a result, the curve steepened (i.e. short and long term interest rates moving farther apart) dramatically, with the yield differential between two-year and 30-year municipal bonds increasing 108 basis points to 371 basis points. Just three months prior to the start of the Fund’s fiscal year, on August 1, 2007, this yield differential stood at only 72 basis points.

In this environment, the primary detractors from the Fund’s performance for the period were its exposures to lower rated bonds (triple-B and lower rated), which suffered from severe credit spread widening as investor risk-aversion grew, and the long end of the municipal yield curve (25 years and longer), which underperformed the short and intermediate portions of the curve. However, the Fund’s allocation to lower rated bonds was far less than that of the benchmark, with 35% of holdings in non-investment grade bonds versus 77% for the benchmark as of the end of the fiscal year. This lower-relative exposure helped the Fund to modestly outperform the benchmark for the period as higher rated issues outpaced lower rated issues. During the period, we increased holdings of more liquid, higher quality bonds (rated single-A or better) in more creditworthy, essential service sectors such as utilities, education, and local general obligations.

The Fund had a comparatively lower duration (a measure of interest-rate sensitivity) at times during the period, which also contributed to its outperformance. We managed the Fund’s duration through the timely use of short-duration auction rate securities, variable rate demand notes and the accumulation of cash balances. Additionally, we sold long-maturity bonds and bought short-maturity bonds.

The Fund’s limited exposure to issues with weaker coupon structures (zero coupon bonds and bonds with coupons below 5%) supported performance as these issues performed poorly during the reporting year. The sale of unsecured special facility airline bonds early in the period also enhanced performance as this was the worst performing municipal sector for the 12-month period.

Conversely, an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to Healthcare hurt performance as spreads in the sector widened. Exposure to industrial development bonds and corporate-backed municipals credits, specifically secured airline and prepaid gas bonds, also hindered returns as weakening economic conditions and declining corporate earnings negatively impacted these sectors. Additionally, exposure to tobacco bonds was disadvantageous. The sector was particularly hard hit as forced selling by some of the larger investors in the sector pushed prices lower. Exposure to special assessment bonds also hindered performance as the sector continued to be negatively impacted by the national housing slowdown and increasing delinquencies and foreclosures.

What is the outlook?

We expect price volatility in the municipal market to continue for the near term. We remain very cautious given the continued devaluation of real estate, the national economic recession, lower revenue generation and higher borrowing costs for municipal issuers. As such, we will focus our attention on the higher quality, more essential service sectors of the market. We also expect the municipal yield curve will continue to steepen as retail investors increase tax-advantaged holdings, driving yields lower for short maturity bonds (in conjunction with Federal Reserve action), while yields on long maturity bonds will rise due to reduced demand from institutional and non-traditional buyers (i.e. arbitrage/hedge funds). In addition, we expect future new issue supply with predominately longer maturities will put further stress on long bond yields. For these reasons, we remain very cautious with regard to purchases on the long end of the curve and whenever possible, we will focus on shorter-maturity issues in order to rein in duration and thereby reduce the portfolio’s price sensitivity.

We believe municipal bonds still represent value given the relative cheapness of the asset class and our expectations of higher federal taxes, superior performance of general obligation and essential service municipal revenue bonds, and increased demand from the growing baby boomer population. We continue to believe that current attractive pricing is unsustainable and expect that over time, the relationship between municipal and taxable bonds will revert to historical norms, locking in future performance.

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		1.5	%
AA		6.3
A		17.6
BBB		31.6
BB		15.6
B		5.6
CCC		0.7
Not Rated		21.1

Total		100.0	%

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Airport Revenues		6.2	%
General Obligations		9.6
Health Care/Services		22.4
Higher Education (Univ., Dorms, etc.)		10.6
Housing (HFA’s, etc.)		1.2
Industrial		4.0
Land Development		0.9
Miscellaneous		16.6
Pollution Control		2.2
Public Facilities		1.3
Special Tax Assessment		6.6
Tax Allocation		2.4
Transportation		1.0
Utilities — Combined		0.2
Utilities — Electric		1.6
Utilities — Gas		1.5
Short-Term Investments		10.5
Other Assets and Liabilities		1.2

Total		100.0	%

The Hartford Income Allocation Fund
(subadvised by Hartford Investment Management Company)

You cannot invest directly in an index.

Investment objective — Seeks current income, and as a secondary objective, capital preservation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Income Allocation A#		5/28/04		-10.60	%		0.23	%
Income Allocation A##		5/28/04		-14.62	%		-0.81	%
Income Allocation B#		5/28/04		-11.28	%		-0.50	%
Income Allocation B##		5/28/04		-15.53	%		-0.88	%
Income Allocation C#		5/28/04		-11.27	%		-0.50	%
Income Allocation C##		5/28/04		-12.12	%		-0.50	%
Income Allocation I#		5/28/04		-10.37	%		0.35	%
Income Allocation R3#		5/28/04		-10.93	%		0.07	%
Income Allocation R4#		5/28/04		-10.68	%		0.17	%
Income Allocation R5#		5/28/04		-10.39	%		0.32	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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 classes.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Hugh Whelan		Edward C. Caputo
Managing Director		Assistant Vice President

How did the Fund perform?

The Class A shares of The Hartford Income Allocation Fund returned -10.60%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned 0.30%, while the average return of the Lipper Intermediate Investment Grade Debt Funds category, a group of funds with investment strategies similar to those of the Fund, was -6.84%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted and a flight to quality ensued, pushing Treasury yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date), with the yield on five-year Treasury notes declining 134 basis points to 2.83% and the yield on 10-year notes declining 52 basis points to 3.95%. As a result, Treasury securities outperformed all other sectors of the fixed income market. Spreads in all non-government sectors widened dramatically (i.e. short and long term interest rates moving farther apart), but commercial mortgage-backed securities (CMBS) turned in the worst performance. High yield asset classes also suffered, underperforming the broad fixed income market as measured by the Barclays Capital U.S. Aggregate Bond Index.

The Fund’s asset allocation detracted from performance, driven by allocations to floating rate notes and high yield bonds. However, the negative impact was somewhat offset by a reduction in the Fund’s allocation to TIPS (Treasury Inflation Protected Securities)

in favor of intermediate-term bonds, and a reduction in its allocation to high yield bonds in favor of floating rate notes, both of which were beneficial to performance. The Fund’s duration (a measure of interest-rate sensitivity) was targeted to be lower than that of the Barclays Capital U.S. Aggregate Bond Index, which was disadvantageous as yields declined during the period.

The Fund’s performance is influenced not just by our asset allocation decisions, but also by the performance of the underlying funds we select to meet our asset allocation targets. During the period, our fund selection enhanced relative (i.e. performance of the Fund as measured against the benchmark) performance. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. However, two hard rebalances (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) were executed during the reporting period. The first was done in June to reduce the Fund’s TIPS allocation. The second was executed in order to restore the portfolio allocations back to their targets.

During the period, the Fund began to utilize exchange-traded funds (ETFs) to obtain asset class exposures unavailable through The Hartford fund family. Doing so enables the Fund to capture additional opportunities while also enhancing its diversification. Specifically, the Fund has set target allocations to an ETF that provides emerging market debt exposure. Also during the period, the Fund decreased its allocation to TIPS in favor of intermediate bonds. The Fund also decreased its allocation to high yield bonds in favor of floating rate notes.

What is the outlook?

Our portfolio construction process focuses on seven different asset classes. Over the last year, we have witnessed the volatility of these asset classes and the correlations between them increase dramatically, not just in the U.S. market, but across the globe. It did not pay to diversify outside of our benchmark during the fiscal year as many fixed income asset classes behaved more like equities, with floating rate notes, high yield bonds, and emerging market debt all declining more than 20%. We believe that, over time, the markets will stabilize and the historical relationships between these asset classes will be restored. We recently reduced our allocation to TIPS as we continue to believe that these securities are likely to underperform other asset classes within our investment universe.

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Floating Rate Fund, Class Y		10.2	%
Hartford High Yield Fund, Class Y		6.9
Hartford Income Fund, Class Y		15.8
Hartford Inflation Plus Fund, Class Y		13.5
Hartford Short Duration Fund, Class Y		25.1
Hartford Strategic Income Fund, Class Y		7.8
Hartford Total Return Bond Fund, Class Y		19.0
Powershares Emerging Markets Sovereign Debt Portfolio ETF		1.4
Other Assets and Liabilities		0.3

Total		100.0	%

The Hartford Income Fund
(subadvised by Hartford Investment Management Company)

Barclays Capital U.S. Aggregate Bond Index is an unmanaged index and is composed of securities from the Barclays Capiatl 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.

Investment objective — Seeks to provide a high level of current income. Capital appreciation is a secondary objective.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Income A#		10/31/02		-13.71	%		0.47	%		2.12	%
Income A##		10/31/02		-17.60	%		-0.45	%		1.34	%
Income B#		10/31/02		-14.36	%		-0.27	%		1.37	%
Income B##		10/31/02		-18.45	%		-0.59	%		1.24	%
Income C#		10/31/02		-14.34	%		-0.27	%		1.41	%
Income C##		10/31/02		-15.15	%		-0.27	%		1.41	%
Income Y#		11/28/03		-13.37	%	NA				0.63	%


#		Without sales charge

##		With sales charge

NA		Not Applicable

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
William H. Davison, Jr.	Michael Gray, CFA	Christopher J. Zeppieri
Managing Director	Managing Director	Vice President

How did the Fund perform?

The Class A shares of The Hartford Income Fund returned -13.71%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned 0.30% while the average return of the Lipper Corporate Debt A-Rated Funds category, a group of funds with investment strategies similar to those of the Fund, was -7.74%.

Why did the Fund perform this way?

The Fund generally carries greater credit risk than the benchmark due to its primary objective of providing income for shareholders, which typically results in a higher weighting in credit and other spread sectors (non- government) relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark. This approach hindered relative performance during the period as the extreme turmoil and volatility in the markets led credit spreads to widen considerably across asset classes.

Among spread sectors, several areas contributed to the Fund’s underperformance relative to the benchmark. An overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocation relative to the benchmark to subordinate financial debt detracted from performance. A relative overweight to commercial mortgage-backed securities (CMBS), with some subordinated exposure, also detracted as the CMBS sector was one of the hardest hit investment grade sectors in the market during the reporting year. Although the portfolio had modest (less than 2%) exposure to subprime home equity loans, these holdings also negatively impacted performance as the housing crisis deepened. Exposure to high yield bonds and bank loans also hindered performance as the higher-quality sector of the market outperformed the lower quality, higher yielding sector.

However, the Fund’s duration (a measure of interest-rate sensitivity) and yield curve positioning was additive to relative performance as it was positioned to benefit from the decline in

yields and steepening of the yield curve (i.e. short and long term interest rates moving farther apart) that occurred during the period.

What is the outlook?

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		51.2	%
AA		4.5
A		16.3
BBB		14.4
BB		5.0
B		4.3
CCC		0.6
Not Rated		3.7

Total		100.0	%

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Basic Materials		2.4	%
Capital Goods		0.8
Consumer Cyclical		2.2
Consumer Staples		2.2
Energy		1.1
Finance		23.9
Foreign Governments		0.1
Health Care		1.7
Services		4.4
Technology		9.3
Transportation		1.4
U.S. Government Agencies		41.4
U.S. Government Securities		2.3
Utilities		5.1
Short-Term Investments		3.4
Other Assets and Liabilities		(1.7	)

Total		100.0	%

Distribution by Security Type
as of October 31, 2008


	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		8.4	%
Corporate Bonds: Investment Grade		32.7
Corporate Bonds: Non-Investment Grade		7.0
Senior Floating Rate Interests: Non-Investment Grade		6.5
U.S. Government Agencies		41.4
U.S. Government Securities		2.3
Short-Term Investments		3.4
Other Assets and Liabilities		(1.7	)

Total		100.0	%

The Hartford Inflation Plus Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital U.S. TIPS 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.

Investment objective — Seeks a total return that exceeds the rate of inflation over an economic cycle.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Inflation Plus A#		10/31/02		-3.08	%		2.65	%		3.69	%
Inflation Plus A##		10/31/02		-7.44	%		1.71	%		2.90	%
Inflation Plus B#		10/31/02		-3.81	%		1.89	%		2.94	%
Inflation Plus B##		10/31/02		-8.40	%		1.54	%		2.80	%
Inflation Plus C#		10/31/02		-3.82	%		1.89	%		2.93	%
Inflation Plus C##		10/31/02		-4.73	%		1.89	%		2.93	%
Inflation Plus I#		10/31/02		-2.74	%		2.81	%		3.82	%
Inflation Plus R3#		11/28/03		-3.56	%	NA				2.73	%
Inflation Plus R4#		11/28/03		-3.23	%	NA				2.83	%
Inflation Plus R5#		11/28/03		-2.94	%	NA				2.95	%
Inflation Plus Y#		11/28/03		-2.90	%	NA				3.00	%


#		Without sales charge

##		With sales charge

NA		Not Applicable

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
John Hendricks		Timothy Wilhide
Senior Vice President		Senior Vice President

How did the Fund perform?

The Class A shares of The Hartford Inflation Plus Fund returned -3.08%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital U.S. TIPS Index (formerly the Lehman Brothers U.S. TIPS Index), returned -4.11% while the average return of the Lipper Treasury Inflation Protected Securities peer group, a group of funds with investment strategies similar to those of the Fund, was -5.55%.

Why did the Fund perform this way?

It was a remarkable year for the Treasury Inflation Protected Securities (TIPS) market, and the broader financial markets as a whole. From November 2007 to June 2008, the Barclays Capital U.S. TIPS Index earned a total return of 8.87%, reflecting investor demand for inflation protection from the effects of rapidly increasing oil and gasoline prices. TIPS also benefited from their “safe haven” status as U.S. government obligations as financial conditions deteriorated during this period. Between July 2008 and October 2008, however, investors became concerned that a sudden business slowdown would reduce inflationary pressures, as reflected in the sharp drop in oil and gasoline prices during those months. As a result, the TIPS market declined by 11.92% during those months, more than offsetting any benefits from the continuing flight to quality as the financial system remained paralyzed.

The Fund benefited relative to the benchmark from successful interest rate and yield curve strategies during the year, as well as from its sustained high exposure to TIPS as these securities outperformed most other fixed income assets. Security selection within TIPS was also additive to performance. Furthermore, the

Fund continued to benefit from successful short-term “tactical” trading in Treasury futures and between TIPS and standard or “nominal” Treasuries.

What is the outlook?

While credit crunches and rapidly deepening business downturns are disinflationary by nature, the extent of the expected decline in the Consumer Price Index (CPI) reflected in the TIPS market as of the end of October 2008 seems extreme. Inflation expectations are measured by the difference in yields between TIPS and nominal U.S. Treasury securities of the same maturity. For the two-year period ending December 31, 2007, the yield differentials between nominal Treasury bonds and TIPS with five-year and ten-year maturities implied a market forecast for CPI of just under 2.5%, not far below the average 2.5-2.7% annual CPI reported since 2000. By the end of October 2008, however, the difference in yields between Treasuries and TIPS implied 0.0% CPI for the next five years and about 0.8% for the next ten years. The shorter-term outlook was actually for significant deflation as the two-year TIPS market priced 3.25% deflation until January 2011.

While we do expect disinflation over the next year or so as a result of both a very weak economic outlook and reduced pressure on energy prices, we do not share the market’s deflationary forecast. The Federal Reserve and U.S. Treasury have taken early and aggressive steps to ease the financial crisis and to provide a safety net for a falling economy. Other countries have adopted similar measures. While we believe very poor economic conditions will persist for the next several quarters, we think policy makers around the world will continue to pursue pro-growth policies. Inherent in these policies will be a willingness to tolerate a pickup in inflation. If CPI turns out to be higher than current market forecasts, TIPS should outperform similar maturity Treasury bonds. As a result, although we anticipate continued volatility in TIPS returns for the foreseeable future, we believe current pricing suggests good long-term relative value in the context of a well-diversified portfolio.

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		98.7	%
BBB		0.5
BB		0.4
Not Rated		0.4

Total		100.0	%

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Basic Materials		0.1	%
Consumer Cyclical		0.2
Foreign Governments		0.5
Health Care		0.2
Services		0.4
Technology		0.2
U.S. Government Securities		92.2
Short-Term Investments		0.4
Other Assets and Liabilities		5.8

Total		100.0	%

The Hartford International Growth Fund

(subadvised by Wellington Management Company, LLP)

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.

Investment objective — Seeks capital appreciation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

International Growth A#		4/30/01		-56.94	%		-1.01	%		-1.17	%
International Growth A##		4/30/01		-59.31	%		-2.13	%		-1.92	%
International Growth B#		4/30/01		-57.22	%		-1.73	%		-1.89	%
International Growth B##		4/30/01		-59.07	%		-2.04	%		-1.89	%
International Growth C#		4/30/01		-57.27	%		-1.73	%		-1.89	%
International Growth C##		4/30/01		-57.64	%		-1.73	%		-1.89	%
International Growth I#		4/30/01		-56.69	%		-0.83	%		-1.05	%
International Growth R3#		4/30/01		-57.08	%		-0.87	%		-0.93	%
International Growth R4#		4/30/01		-56.94	%		-0.75	%		-0.84	%
International Growth R5#		4/30/01		-56.77	%		-0.62	%		-0.76	%
International Growth Y#		4/30/01		-56.72	%		-0.57	%		-0.72	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.



(1)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers 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 Growth Fund returned -56.94%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the MSCI EAFE Growth Index, which returned -44.63% for the same period. The Fund also underperformed the -48.96% 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?

Non-U.S. equity markets fell during the period amid ongoing turmoil in global credit markets and increasing signs that deteriorating housing, employment, and credit markets in the U.S. are driving slower global economic growth. Growth stocks (-45%) outperformed Value stocks (-48%), as measured by the MSCI EAFE Growth and the MSCI EAFE Value Indices, respectively. Within the MSCI EAFE Growth Index, all sectors declined significantly. Financials (-55%), Materials (-54%), and Industrials (-53%) fell the most during the period, while traditionally defensive sectors Health Care (-21%) and Consumer Staples (-32%) declined the least.

The Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the MSCI EAFE Growth Index was a result of weak security selection. Stock selection detracted from results in all sectors and was weakest in Consumer Discretionary, Financials, and Consumer Staples. Sector positioning, a residual of bottom-up (i.e. stock by stock fundamental research) stock selection, contributed positively to benchmark-relative results during the period primarily due to the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) exposure to Materials and Energy. The

Fund also benefited from a moderate cash position, which helped relative performance in a downward-trending market.

Arcandor, Volkswagen, Carphone Warehouse (all Consumer Discretionary) and Elan (Health Care) were the leading relative detractors during the period. Shares of Arcandor, Germany’s largest department store chain, moved lower amid poor domestic consumer sentiment. Automobile manufacturer Volkswagen detracted from benchmark-relative results as we eliminated our position in this strong performer early in the period. Shares of Carphone Warehouse, the UK’s largest mobile phone retailer and broadband provider, fell sharply after the company reported a new venture with Best Buy and a weaker-than-expected outlook. Shares of neuroscience-based biotechnology firm Elan declined on disappointing developments concerning the firm’s experimental Alzheimer’s disease drug Bapineuzumab and multiple-sclerosis drug Tysabri. Other detractors from the Fund’s absolute (i.e. total return) performance were Denmark-based wind power equipment and services company Vestas Wind Systems (Industrials) and beer, soft drink, and water producer Carlsberg (Consumer Discretionary).

Top contributors to the Fund’s relative performance were K&S and Potash (both Materials), and Teva Pharmaceutical (Health Care). Shares of K&S, a Germany-based chemical company and the European leader in potash products, and Potash, a Canadian-based fertilizer and feed products company, moved higher after reporting better-than-expected quarterly earnings and issuing optimistic earnings guidance for 2008. Both benefited from the global boom in agricultural products in the first half of the year. Shares of the Israel-based drug manufacturer Teva rose after the company reported better-than-expected second quarter earnings driven by strong sales of its multiple-sclerosis drug, Copaxone. Diversified mining company Anglo American (Materials) and construction and mining machinery maker Komatsu (Industrials) also contributed positively to the Fund’s absolute performance.

What is the outlook?

We select stocks individually based on their merits. Based on these stock-by-stock decisions, we ended the period with above benchmark weights in the Health Care, Telecom Services, Information Technology, and Energy sectors. The Fund held less-than-benchmark weights in the Utilities, Consumer Discretionary, Industrials, and Financials sectors.

During the period we increased our exposure to Consumer Staples and Health Care, traditionally defensive sectors, as we found investment opportunities that we believe are less economically sensitive and should perform relatively well in a difficult economic environment. As a result, Health Care was the Fund’s largest absolute weight and largest overweight (i.e. the Fund’s sector position was greater than the benchmark position) exposure relative to the benchmark at the end of the period.

Information Technology remains one of our largest overweight sectors as a result of our bottom-up investment process. Our largest active positions include Software & Services firms, such as Autonomy, where we see attractive fundamentals. The group should benefit from solid growth trends and new product cycles.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Banks		2.8	%
Capital Goods		2.0
Commercial & Professional Services		3.2
Consumer Services		0.9
Diversified Financials		4.9
Energy		4.4
Food & Staples Retailing		4.1
Food, Beverage & Tobacco		8.2
Health Care Equipment & Services		3.1
Household & Personal Products		4.2
Insurance		0.5
Materials		9.6
Pharmaceuticals, Biotechnology & Life Sciences		22.0
Real Estate		0.7
Retailing		3.5
Semiconductors & Semiconductor Equipment		2.7
Software & Services		5.7
Technology Hardware & Equipment		2.2
Telecommunication Services		9.7
Transportation		3.6
Short-Term Investments		7.0
Other Assets and Liabilities		(5.0	)

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		1.6	%
Belgium		0.8
Brazil		1.4
Canada		6.3
China		2.9
Denmark		1.4
Finland		1.2
France		7.9
Germany		4.3
Hong Kong		0.7
Israel		4.8
Japan		8.4
Luxembourg		1.0
Netherlands		2.7
Russia		0.8
Sweden		0.6
Switzerland		18.1
United Kingdom		33.1
Short-Term Investments		7.0
Other Assets and Liabilities		(5.0	)

Total		100.0	%

The Hartford International Opportunities Fund

(subadvised by Wellington Management Company, LLP)

MSCI AC (All Country) 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. The index is calculated to exclude companies and share classes which cannot be freely purchased by foreigners.

You cannot invest directly in an index.

Investment objective — Seeks long-term growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

International Opp A#		7/22/96		-44.50	%		5.29	%		2.58	%		3.12	%
International Opp A##		7/22/96		-47.56	%		4.10	%		2.00	%		2.64	%
International Opp B#		7/22/96		-44.86	%		4.58	%		NA	*		NA	*
International Opp B##		7/22/96		-47.17	%		4.24	%		NA	*		NA	*
International Opp C#		7/22/96		-44.92	%		4.51	%		1.80	%		2.35	%
International Opp C##		7/22/96		-45.38	%		4.51	%		1.80	%		2.35	%
International Opp I#		7/22/96		-44.40	%		5.33	%		2.60	%		3.13	%
International Opp R3#		7/22/96		-44.70	%		5.52	%		2.90	%		3.47	%
International Opp R4#		7/22/96		-44.39	%		5.70	%		2.99	%		3.54	%
International Opp R5#		7/22/96		-44.32	%		5.78	%		3.03	%		3.58	%
International Opp Y#		7/22/96		-44.22	%		5.85	%		3.06	%		3.60	%


#		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)		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.

(2)		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. Class I shares commenced operations on 5/30/08. Performance prior to 5/30/08 reflects Class A performance.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Nicolas M. Choumenkovitch
Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford International Opportunities Fund returned -44.50%, before sales charge, for the twelve-month period ended October 31, 2008, outperforming its benchmark, the MSCI All Country World Free ex—US Index, which returned -48.27% for the same period. The Fund also outperformed the -48.44% 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in recent history. After a positive start to the year, the global equity markets stumbled on credit crunch related issues such as the near collapse of the large investment bank Bear Stearns, the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk. In this environment, all sectors within the MSCI All Country World ex—US Index posted double digit declines. Materials (-57%), Financials (-56%), and Industrials (-55%) declined the most while Health Care (-20%) declined the least.

The Fund’s outperformance relative to the benchmark was due in part to strong stock selection within Financials and Materials. Allocation among sectors, a result of the bottom-up stock selection process, was positive, largely due to overweight positions in Health Care and Consumer Staples and underweight positions in Materials and Financials. The Fund also benefited from a modest cash position, which helped relative performance in a downward-trending market. Stock selection within Utilities, Energy, and Industrials detracted from performance.

Top contributors to relative performance during the period included Rio Tinto (Materials), Uralkali (Materials), and Nestle (Consumer Staples). Rio Tinto is a diversified international mining company with significant iron ore exposure. Shares benefited as investor concern ebbed over funding considerations for the company’s Alcan acquisition, and the company received a takeout offer from Australian mining company, BHP Billiton, which it declined. We eliminated the position into strength at the beginning of the period. Uralkali is a Russian fertilizer producer. Shares benefited during the period from sustained, high global fertilizer demand and an attractive cost position relative to its global peers. We took advantage of the share’s strength and eliminated the position in the middle of the period. Nestle is the world’s largest food maker. The company reported strong earnings driven by volume growth from emerging markets and successful execution. MMX Mineracao e Meta is a Brazil-based integrated iron ore and steel metals and mining company that contributed to absolute performance during the period. We eliminated the position during the period on strength as tight global iron ore markets and plans to spin-off the firm’s logistics and metals operations helped to lift the stock price.

The largest detractors from relative returns included Xstrata (Materials), Volkswagen (Consumer Discretionary), and Impala Platinum (Materials). Xstrata is a Swiss-based diversified mining group. Shares in the company fell amid weakening commodity prices and depressed sentiment. Shares in German auto manufacturer Volkswagen rose sharply at the end of October on news that Porsche was increasing its stake in the company making Volkswagen Europe’s biggest company by market value. The Fund did not own Volkswagen which hurt performance. Impala Platinum is a South African platinum producer. Shares fell during the period on lower platinum prices and higher costs. Allianz (Financials) and SMFG (Financials) were detractors from absolute performance.

What is the outlook?

The global economic outlook remains unpredictable due to the uncertainty around the extent of the anticipated global deceleration. As the market continues to price in a weak economic environment, equities may remain challenged and volatile. We believe the recent wave of selling has created disconnects between company fundamentals and stock prices for many securities.

In this environment, strong balance sheets, strong management, and business models which can sustain or increase returns are important, differentiating assets. At the end of the period we were most overweight the Consumer Staples, Health Care, and Telecommunications Services and most underweight the Industrials, Consumer Discretionary, and Utilities sectors. Our largest holdings were in the Financials, Consumer Staples and Health Care. Regionally we ended the period overweight Europe and North America and underweight Emerging Markets, Asia Pacific ex Japan, and Japan.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		2.7	%
Banks		12.4
Capital Goods		0.3
Commercial & Professional Services		0.8
Consumer Services		1.3
Diversified Financials		10.3
Energy		8.0
Food, Beverage & Tobacco		12.3
Health Care Equipment & Services		2.3
Household & Personal Products		3.6
Insurance		3.2
Materials		5.2
Pharmaceuticals, Biotechnology & Life Sciences		10.9
Real Estate		2.0
Semiconductors & Semiconductor Equipment		1.3
Software & Services		1.5
Technology Hardware & Equipment		2.9
Telecommunication Services		9.7
Transportation		1.3
Utilities		2.2
Short-Term Investments		13.7
Other Assets and Liabilities		(7.9	)

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		0.2	%
Brazil		0.3
Canada		4.3
Denmark		1.0
Finland		2.4
France		12.6
Germany		7.8
Hong Kong		1.3
Ireland		1.9
Israel		2.3
Japan		12.9
Netherlands		3.2
South Africa		0.4
Spain		1.3
Switzerland		13.3
Taiwan		1.3
United Kingdom		19.7
United States		8.0
Short-Term Investments		13.7
Other Assets and Liabilities		(7.9	)

Total		100.0	%

The Hartford International Small Company Fund

(subadvised by Wellington Management Company, LLP)

S&P/Citigroup Extended Market Euro-Pacific Index is a global equity index comprised of the smallest 20% of each country’s market capitalization in the S&P/Citigroup Broad Market Global Index. (The S&P/Citigroup Broad Market Global Index captures all companies in developed and emerging markets with free float market capitalization of at least $100 million as of the annual index reconstitution.) All developed countries are included except the U.S. and Canada.

You cannot invest directly in an index.

Investment objective — Seeks capital appreciation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

International Small Co A#		4/30/01		-52.61	%		0.76	%		4.03	%
International Small Co A##		4/30/01		-55.22	%		-0.38	%		3.25	%
International Small Co B#		4/30/01		-52.89	%		0.06	%		3.41	%
International Small Co B##		4/30/01		-54.96	%		-0.16	%		3.41	%
International Small Co C#		4/30/01		-52.93	%		0.02	%		3.27	%
International Small Co C##		4/30/01		-53.35	%		0.02	%		3.27	%
International Small Co I#		4/30/01		-52.43	%		0.87	%		4.10	%
International Small Co Y#		4/30/01		-52.32	%		1.21	%		4.50	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.


(1)		Growth of a $10,000 investment in Classes B, C, I and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Class I shares commenced operations on 5/31/07. Performance prior to 5/31/07 reflects Class A performance.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers Simon H. Thomas Vice President		Daniel Maguire, CFA Vice President

How did the Fund perform?

The Class A shares of The Hartford International Small Company Fund returned -52.61%, before sales charge, for the twelve-month period ended October 31, 2008, outperforming its benchmark, the S&P/Citigroup Extended Market Euro-Pacific Index, which returned -53.00% for the same period. The Fund also outperformed the -53.52% 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?

Global equity markets fell sharply during the period amid a significant deterioration in both credit market conditions and investor confidence. Forced deleveraging by financial institutions triggered an unprecedented set of bank failures and mergers, significantly reshaping the global financial map. Impaired access to capital has now begun impacting the real economy, reducing expectations for global growth and forcing energy and commodity prices sharply lower. Recent economic data provided little encouragement to investors, as housing, employment, and manufacturing metrics all trended downward. Central banks acted aggressively to soften an economic slowdown, with the U.S. Federal Reserve lowering the federal funds rate and the U.S. government introducing multiple programs aimed at improving liquidity within financial markets. In response to increasing concerns over a shaky financial system and a likely U.S. recession, equity investors globally sought to shed risk. All ten sectors in the S&P/Citigroup Extended Market Euro-Pacific Index fell significantly during the period, led lower by Consumer Discretionary (-58%), Industrials (-56%), and Financials (-55%). The pain was less intense in the Utilities (-30%), Consumer Staples (-33%), and Health Care (-40%) sectors.

The Fund outperformed its benchmark primarily due to allocation among sectors, which is largely a result of the bottom-up (i.e. stock by stock fundamental research) stock selection process. In particular, the Fund benefited from an overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in the relatively strong Health Care sector and an underweight (i.e. the Fund’s sector

position was less than the benchmark position) position among lagging Materials stocks. Stock selection was weak in Industrials, Utilities, and Energy. This was partially offset by strong selection in Health Care, Information Technology, and Financials.

Among the top contributors to relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) returns were OBIC Business Consulting (Information Technology), Jupiter Telecommunications (Consumer Discretionary), and Point (Consumer Discretionary). Shares of OBIC, a leading provider of accounting software to small and middle market companies in Japan, rose after the company announced a share repurchase program. Jupiter Telecommunications, a Japanese cable company, benefited from the stability of its business model and its focus on the relatively insulated domestic Japanese market. Point, a Japanese casual clothing retailer, benefited from a move away from luxury goods and a focus on cheap and cheerful fashion; the company’s shares have rebounded strongly from a bottom in June. Top absolute contributors also included Unicharm, a Japanese consumer products company.

The largest detractors from relative performance during the period were Dufry Group (Consumer Discretionary), Wavefield Inseis (Energy), and Arcandor (Consumer Discretionary). Shares of Dufry, a global operator of duty-free shops, fell on concerns that a global economic slowdown would change the trajectory of its earnings growth. Wavefield Inseis is a Norway-based provider of seismic surveying services to the oil and gas industry. We believe shares fell in response to concerns that a reduced oil price will cut future exploration expenditures. Arcandor, Germany’s largest department store chain (formerly KarstadtQuelle) and owner of the Thomas Cook travel agency, faced poor domestic consumer sentiment as Germany continues to face a challenging macroeconomic outlook. Top absolute detractors also included Seche Environment (Industrials) and Nabtesco (Industrials).

What is the outlook?

We select stocks in the Fund one at a time based on their individual merits. At the end of the period we were most overweight Health Care and Energy stocks and most underweight Financials and Consumer Discretionary. Within Health Care, we focus on the high margin and recurring revenue potential of equipment and service companies, as well as providers of supplies and consumables, and niche, private sector hospital providers. Our Energy overweight is based on the belief that the sector is well positioned to outperform due to compelling supply and demand fundamentals. We continue to be overweight commercial services companies where margins are steady, revenue predictable and profits recurring. We continue to be underweight Financials, where we have avoided exposure to European banks. We remain underweight Consumer Discretionary stocks as the headwinds of a slowing global economy are likely to weigh on consumer spending.

On a regional basis, our greatest underweight position at the end of the period was in Europe ex-UK, mostly due to less-than-benchmark exposures to Spain, Switzerland, and Germany, as valuations no longer appear compelling relative to the risk/reward profile of many companies in these regions. This was offset by overweight positions in Japan and select Emerging Markets.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.4	%
Banks		0.6
Capital Goods		12.2
Commercial & Professional Services		7.8
Consumer Durables & Apparel		3.5
Consumer Services		3.3
Diversified Financials		3.0
Energy		7.2
Food & Staples Retailing		0.6
Food, Beverage & Tobacco		6.2
Health Care Equipment & Services		12.4
Household & Personal Products		1.6
Insurance		3.9
Materials		5.8
Media		3.2
Pharmaceuticals, Biotechnology & Life Sciences		9.5
Real Estate		2.0
Retailing		4.8
Semiconductors & Semiconductor Equipment		0.9
Software & Services		5.5
Technology Hardware & Equipment		1.3
Transportation		1.9
Utilities		2.2
Short-Term Investments		12.3
Other Assets and Liabilities		(12.1	)

Total		100.0	%

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		5.1	%
Belgium		0.5
Brazil		0.8
China		1.7
Denmark		1.5
Finland		0.3
France		12.3
Germany		4.9
Hong Kong		3.5
Italy		3.9
Japan		33.2
Liechtenstein		0.8
Netherlands		1.8
Norway		5.0
Papua New Guinea		0.4
Russia		0.1
Singapore		1.4
South Korea		1.2
Spain		0.7
Sweden		3.2
Switzerland		3.7
United Kingdom		13.8
Short-Term Investments		12.3
Other Assets and Liabilities		(12.1	)

Total		100.0	%

The Hartford LargeCap Growth Fund

(subadvised by Hartford Investment Management Company)

Russell 1000 Growth Index is an unmanaged index which 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.

Investment objective — Seeks long-term growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

LargeCap Growth A#		11/30/06		-41.67	%		-20.31	%
LargeCap Growth A##		11/30/06		-44.88	%		-22.63	%
LargeCap Growth B#		11/30/06		-42.07	%		-20.93	%
LargeCap Growth B##		11/30/06		-44.92	%		-22.56	%
LargeCap Growth C#		11/30/06		-42.07	%		-20.93	%
LargeCap Growth C##		11/30/06		-42.64	%		-20.93	%
LargeCap Growth Y#		11/30/06		-41.41	%		-20.04	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date. 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
Hugh Whelan
Managing Director

How did the Fund perform?

The Class A shares of The Hartford LargeCap Growth Fund returned -41.67%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Russell 1000 Growth Index, returned -36.95% while the average return of the Lipper Large-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund, was -38.39%.

Why did the Fund perform this way?

The Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark for the period was primarily driven by poor security selection in the Energy, Healthcare and Information Technology sectors. However, the Fund did benefit from an underweight (i.e. the Fund’s sector position was less than the benchmark position) to the Utilities sector and favorable security selection within the Consumer Discretionary sector.

Among the largest stock-specific detractors from returns was an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Waddell & Reed Financial (Financials) and NVIDIA Corporation (Technology). Although Waddell & Reed’s net income during the third quarter of 2008 was higher than the same period one year earlier, it missed analysts’ expectations and the stock fell in line with the rest of the financial sector. NVIDIA, a semiconductor company focused on graphics technology, fell mid-year on negative earnings guidance followed by subsequent poor second-quarter financial results. The stock price continues to languish as investors worry about NVIDIA’s future given an increase in competition and decrease in consumer spending.

Among the largest contributors to relative returns at the security level were underweight allocations to Microsoft Corp. (Technology) and Schlumberger Ltd. (Energy), both of which posted negative total returns for the period. Microsoft, a top index constituent, remained in the headlines due to a failed attempt to acquire Yahoo! in an effort to expand its internet presence. Although the share price of Schlumberger, an oilfield services company, rose after the company released strong second quarter

financials, it fell over the remainder of the period in conjunction with the price of oil.

As of the end of the period, the Fund’s top holdings relative to the benchmark included Sohu.com (Sohu) and CF Industries (CF). Sohu (Consumer Discretionary) is a top holding primarily due to a combination of good business performance represented by good profitability and positive investor sentiment. Similarly, CF (Materials) is a top holding because of its favorable business performance represented by both strong profits and increasing profitability.

The manager invests in companies that we believe have compelling stock characteristics versus the Russell 1000 Growth Index. The manager’s systematic approach weighs more than 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 universe. We believe this approach will yield attractive risk-adjusted returns relative to the Russell 1000 Growth Index over the long term.

What is the outlook?

The environment for stocks changed dramatically in the latter months of the period. The last few weeks of September were particularly unnerving as the financial crisis began to unravel in earnest. Concerns of a long and deep recession may lead investors to believe the situation will not stabilize soon, which would not bode well for stocks. On a relative basis, we believe the stressful environment will eventually benefit the high quality, reasonably priced stocks with sound fundamentals that we favor.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Capital Goods		7.5	%
Commercial & Professional Services		2.0
Consumer Durables & Apparel		1.4
Consumer Services		4.2
Diversified Financials		2.8
Energy		7.9
Food & Staples Retailing		1.9
Food, Beverage & Tobacco		4.4
Health Care Equipment & Services		5.7
Household & Personal Products		4.0
Materials		4.2
Media		2.2
Other Investment Pools and Funds		0.2
Pharmaceuticals, Biotechnology & Life Sciences		7.1
Retailing		4.5
Semiconductors & Semiconductor Equipment		3.0
Software & Services		12.2
Technology Hardware & Equipment		10.4
Telecommunication Services		0.3
Transportation		3.0
Utilities		0.6
Short-Term Investments		1.1
Other Assets and Liabilities		9.4

Total		100.0	%

The Hartford MidCap Fund**

(subadvised by Wellington Management Company, LLP)

S&P 400 MidCap Index is an unmanaged index of common stocks of companies chosen by S&P designed to represent price movements in the midcap U.S. equity market.

You cannot invest directly in an index.

Investment objective — Seeks long-term growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

MidCap A#		12/31/97		-35.56	%		4.00	%		10.95	%		10.52	%
MidCap A##		12/31/97		-39.10	%		2.84	%		10.33	%		9.94	%
MidCap B#		12/31/97		-36.07	%		3.21	%	NA*			NA*
MidCap B##		12/31/97		-38.71	%		2.98	%	NA*			NA*
MidCap C#		12/31/97		-36.01	%		3.31	%		10.20	%		9.78	%
MidCap C##		12/31/97		-36.54	%		3.31	%		10.20	%		9.78	%
MidCap Y#		12/31/97		-35.28	%		4.48	%		11.47	%		11.04	%


#		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.

**		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 to investors who participate in wrap-fee or similar programs in connection with certain investment platforms. Currently, the wrap-fee programs that qualify are those with Strategic Advisers, Inc. (that are cleared through National Financial Services), the Raymond James Freedom Wrap Account, and the A.G. Edwards Professional Fund Advisor (PFA) Wrap Account. 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, and (3) to certain qualified retirement plans that included (or offered) the Fund as an investment option prior to August 16, 2004.

		As of March 1, 2008, the Fund no longer offers Class Y shares to new investments except as follows.The Fund will continue to offer and sell shares (1) for accounts established prior to March 1, 2008, (2) for reinvestment of capital gains distributions and income dividends, (3) as an underlying investment of the SMART529 College Savings Plan, and (4) as an underlying investment of Hartford sponsored mutual fund-of-funds.

		(Subsequent Event: Effective December 15, 2008, Class A, B, C and Y shares will be opened to investors. The above language will no longer be applicable.)

		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)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Phillip H. Perelmuter
Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford MidCap Fund returned -35.56%, before sales charge, for the twelve-month period ended October 31, 2008, outperforming its benchmark, the S&P MidCap 400 Index, which returned -36.46% for the same period. The Fund also outperformed the -39.05% 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in history. After a positive start to the year, global equity markets stumbled as a widespread contraction in credit led to major changes in the financial landscape. These included the near collapse of large investment bank Bear Stearns, government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodity prices lower. Equity investors sought to shed risk in response to increasing concerns about the financial system and a potential U.S. recession, punishing stock prices broadly.

Large (-36%), mid (-36%), and small (-34%) cap stocks declined in unison during the period, as measured by the S&P 500 , S&P MidCap 400 and Russell 2000 Indices, respectively. Growth and Value stocks both declined by 37%, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. There were no safe havens as all ten sectors within the S&P MidCap 400 Index posted negative returns. Telecommunication Services (-61%), Energy (-47%), and Materials (-41%) stocks declined the most, while Utilities (-23%) and Consumer Staples (-27%) declined the least.

The Fund’s outperformance relative to its benchmark was primarily due to security selection, as selection in Consumer Discretionary, Health Care, and Materials more than offset weaker selection in the Financials, Information Technology, and Industrials sectors. Sector positioning, which is driven by bottom-up (i.e. stock by stock fundamental research) security selection, detracted from benchmark-relative (i.e. performance of the Fund as measured against the benchmark) returns during the period, primarily due to underweight (i.e. the Fund’s sector position was less than the benchmark position) exposures in relatively strong Utilities and Financials stocks. The Fund benefited from a modest cash position, which helped relative performance in a downward-trending market.

Top contributors to returns on a relative basis were Barr Pharmaceuticals (Health Care), ITT Educational Services (Consumer Discretionary), and M & T Bank (Financials). Shares of specialty pharmaceutical company Barr Pharmaceuticals rose after the company received a stock and cash takeover offer from generic drug firm Teva Pharmaceutical. Shares of ITT, a technology-oriented postsecondary degree programs provider, benefited from strong industry fundamentals as the softer economy aided enrollment growth and increases in federal loan limits enhanced pricing power. Buffalo-based bank holding company M & T Bank saw its shares gain as investors sought safety in the firm’s solid geographic footprint, excellent historic credit experience, and sufficient equity capital base. Top contributors to absolute (i.e. total return) performance included drug developer Millennium Pharmaceuticals (Health Care), natural gas and exploration company Southwestern Energy (Energy), and nitrogen and phosphate fertilizer company CF Industries (Materials).

CGG Veritas (Industrials), Electronic Arts (Information Technology), and Amylin (Health Care) were among the largest detractors from absolute and relative performance. CGG Veritas provides geophysical services principally to oil and gas companies that use seismic imaging to help explore for, develop and manage oil and gas reserves. The company’s shares fell as declining global demand for oil led to reduced expectations of demand for CGG’s services. Video game software company Electronic Arts saw its shares drift lower on disappointing bottom-line results due to high development costs and acquisition charges. Shares of biopharmaceutical company Amylin were hit hard after news that its diabetes drug Byetta was linked to deaths in several patients due to pancreatitis, an inflammation of the pancreas. Also detracting from the Fund’s absolute and relative performance were grocer Supervalu (Consumer Staples) and recruiting and search firm Manpower (Industrials).

What is the outlook?

In this environment we continue to focus our efforts on picking stocks based on a bottom-up review of their fundamentals. As a result of these individual stock decisions, we ended the period with our most significant overweight position versus the benchmark in the Health Care sector, which traditionally is less economically sensitive and we believe should perform relatively well in a difficult economic environment. The Fund was also overweight Consumer Discretionary, Industrials, and Information Technology stocks. The Fund’s largest underweight at period-end remained Financials, an area that continues to be under significant stress amid volatile credit markets. Other significant underweights included the Utilities and Energy sectors.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.7	%
Banks		1.5
Capital Goods		6.9
Commercial & Professional Services		8.0
Consumer Durables & Apparel		1.9
Consumer Services		5.8
Diversified Financials		1.7
Energy		5.9
Finance		0.6
Food & Staples Retailing		1.8
Health Care Equipment & Services		9.8
Household & Personal Products		1.7
Insurance		6.4
Materials		6.7
Media		2.5
Pharmaceuticals, Biotechnology & Life Sciences		6.5
Real Estate		0.5
Retailing		6.6
Semiconductors & Semiconductor Equipment		2.2
Software & Services		8.3
Technology Hardware & Equipment		3.8
Telecommunication Services		0.9
Transportation		2.7
Utilities		5.1
Short-Term Investments		3.9
Other Assets and Liabilities		(2.4	)

Total		100.0	%

The Hartford MidCap Growth Fund (formerly The Hartford Select MidCap Growth Fund)

(subadvised by Hartford Investment Management Company)

Russell MidCap Growth Index is an unmanaged index measuring the performance of the mid-cap growth segment of the U.S. equity universe.

You cannot invest directly in an index.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

MidCap Gro A#		1/01/05		-45.38	%		-7.94	%
MidCap Gro A##		1/01/05		-48.38	%		-9.29	%
MidCap Gro B#		1/01/05		-45.59	%		-8.46	%
MidCap Gro B##		1/01/05		-47.95	%		-9.05	%
MidCap Gro C#		1/01/05		-45.67	%		-8.57	%
MidCap Gro C##		1/01/05		-46.14	%		-8.57	%
MidCap Gro Y#		1/01/05		-45.12	%		-7.56	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Hugh Whelan
Managing Director

How did the Fund perform?

The Class A shares of The Hartford MidCap Growth Fund returned -45.38%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Russell MidCap Growth Index, returned -42.65% while the average return of the Lipper Mid-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund, was -42.49%.

Why did the Fund perform this way?

The Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark for the period was primarily due to adverse security selection in the Materials and Energy sectors. Although an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in the Energy sector also detracted from returns, the negative impact was offset by superior security selection in the Consumer Discretionary and Consumer Staples sectors.

The primary detractor from relative returns at the security level was an overweight position in Tesoro Corp (Energy), a petroleum refining company. A declining “crack spread”, defined as the difference between the price of a unit of crude oil and a unit of refined petroleum, eroded much of this company’s bottom line as well as future earnings. An overweight in storage solutions provider Seagate Technology (Technology) also detracted from relative return. The company cited a combination of muted demand and competitive pricing pressures as reasons for the contraction in its revenue.

Among the largest contributors to relative returns at the security level were underweights (i.e. the Fund’s sector position was less than the benchmark position) in Garmin Ltd., the GPS device manufacturer, and Whole Foods, the upscale grocery retailer. Garmin lowered its guidance for 2008 due to declining growth prospects amid dismal consumer sentiment. Whole Foods reported poor results driven by slowing consumer demand and large costs associated with its Wild Oats acquisition. Additionally, Whole Foods suspended its dividend.

As of the end of the period, the Fund’s top holdings included overweight positions in SBA Communications

(Telecommunication Services), an operator of wireless communications towers, and Foster Wheeler (Industrials), a global engineering company specializing in oil processing. SBA Communications is a top holding due to persistent demand in the wireless space and strong management behavior as evidenced by both rising cash flow margins and well-managed receivables. Foster Wheeler is a top holding due to strong earnings and improving margins, as well as attractive valuations.

The manager invests in companies that we believe have compelling stock characteristics versus the Russell MidCap Growth Index. The manager’s 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. Overall, the Fund tends to invest in financially efficient companies with attractive valuations and strong balance sheets. We believe this approach will yield attractive risk-adjusted returns relative to the Russell MidCap Growth Index over the long term.

What is the outlook?

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Capital Goods		8.5	%
Commercial & Professional Services		1.0
Consumer Durables & Apparel		3.0
Consumer Services		5.7
Diversified Financials		5.5
Energy		12.5
Food, Beverage & Tobacco		3.5
Health Care Equipment & Services		7.3
Household & Personal Products		2.1
Materials		4.3
Media		2.0
Other Investment Pools and Funds		0.3
Pharmaceuticals, Biotechnology & Life Sciences		6.1
Real Estate		0.5
Retailing		6.7
Semiconductors & Semiconductor Equipment		7.7
Software & Services		10.2
Technology Hardware & Equipment		5.8
Telecommunication Services		3.1
Transportation		1.4
Utilities		1.7
Short-Term Investments		14.9
Other Assets and Liabilities		(13.8	)

Total		100.0	%

The Hartford MidCap Value Fund*

(subadvised by Wellington Management Company, LLP)

Russell 2500 Value Index is an unmanaged index measuring 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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

MidCap Value A#		4/30/01		-46.26	%		-0.71	%		1.18	%
MidCap Value A##		4/30/01		-49.21	%		-1.83	%		0.42	%
MidCap Value B#		4/30/01		-46.64	%		-1.42	%		0.46	%
MidCap Value B##		4/30/01		-48.80	%		-1.65	%		0.46	%
MidCap Value C#		4/30/01		-46.68	%		-1.44	%		0.46	%
MidCap Value C##		4/30/01		-47.12	%		-1.44	%		0.46	%
MidCap Value Y#		4/30/01		-46.08	%		-0.27	%		1.65	%


#		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.

		As of March 1, 2008, the Fund will no longer offer class Y shares to new investments except as follows. The Fund will continue to offer and sell shares (1) for accounts established prior to March 1, 2008, (2) for reinvestment of capital gains distributions and income dividends, (3) as an underlying investment of the SMART529 College Savings Plan, and (4) as an underlying investment of Hartford sponsored mutual fund-of-funds.

		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)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

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 -46.26%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the Russell 2500 Value Index, which returned -33.64% for the same period. The Fund also underperformed the -39.42 % 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?

We are in a period of tremendous uncertainty. Confidence in our global financial system has been badly damaged by the contagion which began with the U.S. housing slump and has spread to the collapse of major financial institutions, a transformation of Wall Street, and a complete failure of global credit markets, which now makes a global recession likely. The impact of the credit crunch on the real economy is now starkly evident. Governments around the world are taking unprecedented actions to provide liquidity and prevent a worst case meltdown. We think many of the steps taken, including the Federal Government’s Troubled Asset Relief Program (TARP), equitizing banks, supporting commercial paper markets, raising insured deposit limits, and U.S. Federal Reserve rate cuts are all positive measures. More actions will no doubt follow. The U.S. Federal Reserve will greatly expand its balance sheet until the private sector again shows an appetite for some risk.

Small cap, mid cap and large cap stocks all declined significantly during the period, with the Russell 2000 Index down -34.2%, the S&P MidCap 400 Index down -36.5% and the S&P 500 Index down -36.1%. Value and growth stocks performed equally poorly during the period, as measured by the Russell 1000 Value -36.8% and Russell 1000 Growth -37.0% indices. Within the benchmark, all of the broad economic sectors posted sharp negative returns led by Telecommunications (-58%) and Media and Information Technology (-46%) which performed the worst. Utilities (-18%) and Consumer Staples (-25%) declined the least.

A market environment of extreme risk aversion that has persisted over the past year has been very difficult for the Fund, as we have been reluctant to pay up for safety. The Fund’s under performance was primarily driven by weak stock selection, particularly within Financials, Consumer Staples and Energy. In addition, while the Fund’s investment strategy is driven by bottom-up (i.e. stock by stock fundamental research) fundamental research, the Fund’s underweights (i.e. the Fund’s sector position was less than the benchmark position) in Financials and Utilities and overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Information Technology also detracted from results.

The largest detractors from relative (i.e. performance of the Fund as measured against the benchmark) performance included R.H. Donnelley (Consumer Discretionary), Marine Harvest (Consumer Staples) and several of our Information Technology stocks including Arrow Electronics and Varian Semiconductor.

Yellow pages company R.H. Donnelley’s stock price fell as investors worried about the negative impact of softer advertising sales during a recession on earnings and cash flow, given the company’s financial leverage. Norwegian fish farmer Marine Harvest’s shares fell due to challenges with the company’s restructuring efforts and declining salmon production within its Chilean facilities. Global electronic products and services provider Arrow Electronic’s shares declined given weak expected demand for its products as the global economy further weakens. Shares in semiconductor equipment-maker Varian Semiconductor declined as the company has seen a severe cyclical downturn in demand.

Among the top contributors to relative and absolute (i.e. total return) performance were Delta Airlines (Industrials), Barr Pharmaceutical (Health Care) and Arch Coal (Energy). Delta Airlines’ shares benefited from lower jet fuel prices during the period and the industry’s capacity curtailment ahead of weaker demand. Global specialty pharmaceutical company Barr Pharmaceutical’s shares increased following Teva’s (generic global pharmaceutical company) offer to acquire the company. The transaction is expected to be completed by the end of the year. Arch Coal’s shares benefited from production cuts in Australia and strong international demand, leading to a favorable pricing environment during most of the period.

What is the outlook?

We believe the financial market crisis will end well before the global economic slowdown. We believe consumers will retrench further as job losses increase. In addition, we believe, business investment will be pressured given constrained credit and lower profits, and trade, which has been the major contributor to U.S. growth during the first half of 2008. Moreover, business investment will be hurt as our trading partners’ economies decelerate. Inflation is no longer the near term concern it was, which allows the U.S. Treasury or Federal Reserve to more freely reflate the system. Given the magnitude of de-leveraging that must occur, we do not envision a rapid or robust economic recovery. Banks need to raise more capital and consumers need to increase their savings rate.

There aren’t many places for a value investor to hide, and while we do have overweights in less-cyclical groups like Health Care and Consumer Staples, we are wary of fully embracing the “safety” trade at this juncture. Sentiment could change soon if credit spreads begin to ease and if investors believe they will be rewarded for some risk-taking, and hedge funds possibly discover that they’ve raised enough cash. We are trying to remain focused on fundamentals for our companies and have our eyes open to new opportunities as they increasingly present themselves. At the end of the period, the Fund was most overweight Health Care, Information Technology and Materials and most underweight Financials, relative to the Russell 2500 Value Index.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.4	%
Banks		4.7
Capital Goods		6.9
Commercial & Professional Services		1.8
Consumer Durables & Apparel		6.0
Diversified Financials		4.7
Energy		3.5
Food, Beverage & Tobacco		5.9
Health Care Equipment & Services		5.9
Insurance		8.4
Materials		9.6
Media		1.1
Pharmaceuticals, Biotechnology & Life Sciences		4.2
Real Estate		2.9
Retailing		3.3
Semiconductors & Semiconductor Equipment		2.8
Software & Services		4.7
Technology Hardware & Equipment		7.0
Transportation		5.6
Utilities		9.8
Short-Term Investments		1.4
Other Assets and Liabilities		(0.6	)

Total		100.0	%

The Hartford Retirement Income Fund

(subadvised by Hartford Investment Management Company)

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.

Investment objective — Seeks current income and secondarily, capital preservation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Retirement Income A#		9/30/05		-19.48	%		-3.01	%
Retirement Income A##		9/30/05		-23.91	%		-4.77	%
Retirement Income B#		9/30/05		-20.15	%		-3.75	%
Retirement Income B##		9/30/05		-23.95	%		-4.56	%
Retirement Income C#		9/30/05		-20.11	%		-3.70	%
Retirement Income C##		9/30/05		-20.87	%		-3.70	%
Retirement Income R3#		9/30/05		-19.88	%		-3.14	%
Retirement Income R4#		9/30/05		-19.63	%		-2.97	%
Retirement Income R5#		9/30/05		-19.30	%		-2.76	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		Growth of a $10,000 investment in Classes B, C, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these share classes.

(2)		Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Hugh Whelan		Edward C. Caputo
Managing Director		Vice President

How did the Fund perform?

The Class A shares of The Hartford Retirement Income Fund returned -19.48%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmarks, the S&P 500 Index and the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned -36.08% and 0.30%, respectively, while the average return of the Lipper Mixed-Asset Target Allocation Conservative Funds category, a group of funds with investment strategies similar to those of the Fund, was -19.05%.

Why did the Fund perform this way?

Aggregate Bond Index. Generally, the Fund’s target asset allocation is set at approximately 30 % equities and 70% fixed-income.

What is the outlook?

Our portfolio construction process focuses on eighteen different asset classes. Over the last year, we have witnessed the volatility of these asset classes and the correlations between them increase dramatically, not just in the U.S. market, but across the globe. It did not pay to diversify outside of our benchmarks during the fiscal year, especially within equities, as few asset classes outperformed the S&P 500. Likewise, many fixed income asset classes behaved more like equities, with floating rate notes, high yield bonds, and emerging market debt all declining more than 20%. We believe that, over time, the markets will stabilize and the historical relationships between these asset classes will be restored. As of the end of the reporting period, with regard to equities, the Fund is positioned with an expectation that U.S. stocks will outperform international stocks and the value investment style will outperform growth. For fixed income, we recently reduced our allocation to TIPS as we continue to believe that these securities are likely to underperform other asset classes within our investment universe.

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		3.4	%
Hartford Disciplined Equity Fund, Class Y		5.1
Hartford Floating Rate Fund, Class Y		8.0
Hartford Fundamental Growth Fund, Class Y		5.2
Hartford High Yield Fund, Class Y		4.6
Hartford Income Fund, Class Y		4.6
Hartford Inflation Plus Fund, Class Y		9.9
Hartford International Opportunities Fund, Class Y		3.7
Hartford LargeCap Growth Fund, Class Y		3.4
Hartford Short Duration Fund, Class Y		17.4
Hartford Strategic Income Fund, Class Y		7.7
Hartford Total Return Bond Fund, Class Y		15.2
Hartford Value Fund, Class Y		8.7
Powershares Emerging Markets Sovereign Debt Portfolio ETF		0.8
SPDR DJ Wilshire International Real Estate ETF		0.7
SPDR DJ Wilshire REIT ETF		0.7
Other Assets and Liabilities		0.9

Total		100.0	%

The Hartford Select MidCap Value Fund

(subadvised by: Hartford Investment Management Company)

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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Select MidCap Value A#		4/29/05		-38.30	%		-6.15	%
Select MidCap Value A##		4/29/05		-41.69	%		-7.65	%
Select MidCap Value B#		4/29/05		-38.65	%		-6.77	%
Select MidCap Value B##		4/29/05		-41.38	%		-7.44	%
Select MidCap Value C#		4/29/05		-38.68	%		-6.81	%
Select MidCap Value C##		4/29/05		-39.23	%		-6.81	%
Select MidCap Value Y#		4/29/05		-38.03	%		-5.85	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Hugh Whelan
Managing Director

How did the Fund perform?

The Class A shares of The Hartford Select MidCap Value Fund returned -38.30%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Russell MidCap Value Index, returned -38.83% while the average return of the Lipper Mid-Cap Value Funds category, a group of funds with investment strategies similar to those of the Fund, was -39.42%.

Why did the Fund perform this way?

The extremely volatile market conditions during the period led to disappointing performance for mid-cap stocks and the broad stock market in general. With regard to the Fund’s performance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark, strong security selection in the Consumer Discretionary, Energy, Healthcare and Materials sectors was additive to returns. Sector allocation, however, mildly detracted from relative performance due to overweights (i.e. the Fund’s sector position was greater than the benchmark position) in the Financials and Information Technology sectors.

Among the largest contributors to relative performance were ImClone Systems (Health Care) and Rohm and Haas (Materials), both of which were overweighted versus the benchmark. ImClone Systems rose after Bristol-Myers Squibb started bidding for the company and subsequently Eli Lilly upped the ante. Rohm and Haas likewise enjoyed a jump after being pursued by Dow Chemical.

Among the largest detractors from relative performance were overweighted positions in “monoline” insurers Ambac Financial Group (Financials) and MBIA (Financials). Both of these positions were severely hurt by the subprime and credit crisis and credit rating downgrades.

As of the end of the period, the portfolio’s top holdings included Hershey and HLTH Corporation, both of which were overweighted relative to the benchmark. Hershey is a top holding primarily because of its combination of attractive management and business behavior characteristics. HLTH Corporation, a health information provider, is a top holding

primarily because of its combination of attractive valuation and management behavior characteristics.

The manager invests in companies that we believe have compelling stock characteristics versus the Russell Mid Cap Value Index. The manager’s systematic approach weighs more than 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 are committed to our belief that, for long term success, the best approach is to remain fully invested and build the portfolio from the bottom-up (i.e. stock by stock fundamental research) based on company-specific fundamentals.

What is the outlook?

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		1.0	%
Banks		4.9
Capital Goods		3.1
Commercial & Professional Services		0.3
Consumer Durables & Apparel		4.3
Consumer Services		0.3
Diversified Financials		2.5
Energy		5.9
Finance		0.4
Food & Staples Retailing		0.8
Food, Beverage & Tobacco		6.9
Health Care Equipment & Services		4.6
Household & Personal Products		0.6
Insurance		11.0
Materials		8.5
Media		2.7
Pharmaceuticals, Biotechnology & Life Sciences		3.3
Real Estate		11.3
Retailing		5.0
Semiconductors & Semiconductor Equipment		2.7
Software & Services		2.3
Technology Hardware & Equipment		2.8
Telecommunication Services		1.6
Transportation		1.6
Utilities		9.4
Short-Term Investments		9.2
Other Assets and Liabilities		(7.0	)

Total		100.0	%

The Hartford Select SmallCap Value Fund


(subadvised by:		Kayne Anderson Rudnick Investment Management, LLC Metropolitan West Capital Management, LLC SSgA Funds Management, Inc.)

Russell 2000 Value Index is an unmanaged index measuring the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values.

You cannot invest directly in an index.

Investment objective — Seeks capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Select SmallCap Value A#		7/31/06		-32.06	%		-9.29	%
Select SmallCap Value A##		7/31/06		-35.79	%		-11.54	%
Select SmallCap Value B#		7/31/06		-32.60	%		-10.09	%
Select SmallCap Value B##		7/31/06		-35.74	%		-11.22	%
Select SmallCap Value C#		7/31/06		-32.57	%		-10.04	%
Select SmallCap Value C##		7/31/06		-33.20	%		-10.04	%
Select SmallCap Value Y#		7/31/06		-31.93	%		-9.06	%


#		Without sales charge
##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Kayne Anderson Rudnick Investment Management, LLC	Metropolitan West Capital Management, LLC	SSgA Funds Management, Inc.
Robert A. Schwarzkopf	Gary W. Lisenbee	Ric Thomas
Managing Director	President	Principal

Sandi L. Gleason	Samir Sikka	Chuck Martin
	Senior Vice President	Principal

How did the Fund perform?

The Class A shares of The Hartford Select SmallCap Value Fund returned -32.06%, before sales charge, for the twelve-month period ended October 31, 2008, versus the -30.54% return of the Russell 2000 Value Index and -34.17% return of the average fund in the Lipper Small-Cap Value peer group.

Why did the Fund perform this way?

Overall the equity market in the second half of the period was marked by extreme volatility. Equities fell during the period due to continued turmoil in the credit and housing markets and concerns regarding economic growth. Within the Russell 2000 Value Index, all ten sectors posted negative returns for the period led by Telecommunication Services (-52%), and Consumer Discretionary (-52%). Utilities (-10%) and Consumer Staples (-16%) declined the least.

Stock selection was the primary driver of our performance during the year ended October 31, 2008. Detractors from performance included Tempur-Pedic International (Consumer Discretionary) and National Financial Partners (Financials). Tempur-Pedic, which was one of our top performers in 2007, fell hard on weak sales, the tough economic environment and increased competition. During the period, Tempur-Pedic suspended its dividend and lowered its earning guidance. National Financial Partners, an independent distributor of financial service products, dropped during the period on poor sales, analysts’ downgrades and liquidity concerns.

Zions Bancorp (Financials), Children’s Place Retail Stores (Consumer Discretionary) and Cathay General Bancorp (Financials) were top relative (i.e. performance of the Fund as measured against the benchmark) performers. Operating primarily in the western U.S., Zions is an extremely well-managed bank. The sell-off in Financials dropped this bank’s market cap and the Fund purchased it in July 2008. Shares of Zions increased over 100% from July through October 31, 2008. During the reporting period, Children’s Place stock recouped some of its prior losses as it

divested its ailing Disney Store business. Based in Los Angeles and targeting a Chinese-American clientele, Cathay General boasts one of the most disciplined management teams in the industry. To its credit, Cathay has not needed to raise capital throughout the credit crisis, setting it apart from the vast majority of its peers. Cathay General ended the period as one of our largest holdings.

What is the outlook?

We see long-term positives in the U.S. economy even today. We believe the biggest one is the ability of our system to adapt: policymakers (including the Fed) and market participants alike have reacted quickly to changing circumstances. Other factors such as the existence of insurance safety nets, technology-driven productivity gains, solid balance sheets for non-financial companies and improving global competitiveness all factor into our long-term positive outlook. Consequently, while households and financial firms currently have limited borrowing capacity and are receiving most of the media’s attention, many non-financial companies are not overburdened by debt and are in a better position than in the past cycles to manage their businesses in a slowing economy.

Nevertheless, while the actions taken recently by various governments should help stem the current crisis, obstacles will likely remain. The fallout and the resulting changes taking place at present in the Financial Services sector are going to have reverberations for the global economy in the short and medium term and will ultimately impact most sectors. However, we have little doubt that now, with the full attention of the world’s central banks, governments and regulators, financial markets will make their way through the chasm caused by an historical confluence of circumstances.

Currently, the Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions relative to the benchmark were in Industrials and Health Care. Conversely, the Fund’s largest underweight (i.e. the Fund’s sector position was less than the benchmark position) position relative to the benchmark continues to be in Financials. We believe that the complementary style of the three sub-advisers provides the Fund with a well positioned portfolio in this environment to add value relative to the market and its peers.

At October 31, 2008, 33% of the Fund’s assets were managed by Kayne Anderson Rudnick Investment Management, 37% of the Fund’s assets were managed by Metropolitan West Capital Management and 30% of the Fund’s assets were managed by SSgA Funds Management.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		1.2	%
Banks		12.4
Capital Goods		7.2
Commercial & Professional Services		8.6
Consumer Durables & Apparel		4.1
Consumer Services		3.2
Diversified Financials		4.1
Energy		3.7
Food & Staples Retailing		0.5
Food, Beverage & Tobacco		2.3
Health Care Equipment & Services		8.9
Household & Personal Products		4.0
Insurance		4.0
Materials		3.4
Media		0.6
Pharmaceuticals, Biotechnology & Life Sciences		0.8
Real Estate		4.2
Retailing		2.2
Semiconductors & Semiconductor Equipment		1.5
Software & Services		7.2
Technology Hardware & Equipment		3.8
Telecommunication Services		1.3
Transportation		4.3
Utilities		2.4
Short-Term Investments		2.4
Other Assets and Liabilities		1.7

Total		100.0	%

The Hartford Short Duration Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital 1-5 Year U.S. Government/Credit Index is an unmanaged index comprised of the Barclays Capital U.S. Government/Credit component of the U.S. Aggregate Index. The 1-5 Year Government/Credit Index includes securities in the 1-5 year maturity range in the Government/Credit Index.

You cannot invest directly in an index.

Investment objective — Seeks to provide a high level of income.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Short Duration A#		10/31/02		-2.60	%		1.67	%		2.14	%
Short Duration A##		10/31/02		-5.52	%		1.06	%		1.62	%
Short Duration B#		10/31/02		-3.33	%		0.92	%		1.39	%
Short Duration B##		10/31/02		-8.02	%		0.57	%		1.25	%
Short Duration C#		10/31/02		-3.33	%		0.92	%		1.39	%
Short Duration C##		10/31/02		-4.27	%		0.92	%		1.39	%
Short Duration Y#		11/28/03		-2.40	%	NA				1.95	%


#		Without sales charge

##		With sales charge

NA		Not Applicable

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Robert Crusha		Brian Dirgins
Vice President		Vice President

How did the Fund perform?

The Class A shares of The Hartford Short Duration Fund returned -2.60%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital 1-5 Year U.S. Government/Credit Index (formerly the Lehman Brothers 1-5 Year U.S. Government/Credit Index), returned 3.36% while the average return of the Lipper Short Investment Grade Debt Funds category, a group of funds with investment strategies similar to those of the Fund, was -4.76%.

Why did the Fund perform this way?

The Fund carried more risk than the benchmark, which negatively impacted performance during the period as the market experienced extreme turmoil and volatility that led investors to favor lower risk assets. The Fund’s duration (a measure of interest-rate sensitivity) and yield curve positioning also detracted from relative (i.e. performance of the Fund as measured against the benchmark) performance. The Fund maintained a duration shorter than that of the benchmark, which proved disadvantageous as yields declined, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date).

With regard to sector positioning, an out-of-benchmark allocation to asset-backed securities (ABS) detracted from relative performance as investors grew more pessimistic, and as extreme volatility continued in the financial services sector. Holdings in commercial mortgage-backed securities (CMBS), also an out-of-benchmark allocation, hindered returns as the sector was one of the hardest hit investment-grade sectors during the period. Additionally, an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the investment grade corporate bond sector held back returns, as did an underweight (i.e. the Fund’s sector position was less than the benchmark position) to U.S. Treasury and Agency securities.

Conversely, an out-of-benchmark allocation to mortgage-backed securities (MBS) was additive to relative performance. The sector’s performance improved following the government’s

takeover of Fannie Mae and Freddie Mac. Strong security selection within the investment grade corporate bond sector also enhanced returns.

Our positions in the investment grade corporate, ABS, and CMBS sectors remain the primary drivers of portfolio yield.

What is the outlook?

The key indicator of signs of a recovery will be improvement in the front end of the yield curve, which will result in strong borrowers having better access to reasonably priced credit. With consumer spending representing more than two-thirds of GDP, consumer behavior and confidence will be a key determinant going forward. As such, economic releases will be an important barometer in determining the success of the various policy initiatives and hence, the direction of the markets.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Basic Materials		1.7	%
Capital Goods		1.4
Consumer Cyclical		2.0
Consumer Staples		1.3
Energy		0.7
Finance		64.6
Health Care		2.9
Services		3.1
Technology		5.2
Transportation		2.3
U.S. Government Agencies		6.2
U.S. Government Securities		5.9
Utilities		0.8
Short-Term Investments		0.7
Other Assets and Liabilities		1.2

Total		100.0	%

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		39.6	%
AA		12.7
A		25.3
BBB		20.1
BB		0.6
B		0.4
CCC		0.2
Not Rated		1.1

Total		100.0	%

The Hartford Small Company Fund
(subadvised by: Wellington Management Company, LLP
Hartford Investment Management Company)

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.

Investment objective — Seeks growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Small Company A#		7/22/96		-39.57	%		2.50	%		5.28	%		6.33	%
Small Company A##		7/22/96		-42.89	%		1.34	%		4.68	%		5.84	%
Small Company B#		7/22/96		-39.95	%		1.77	%	NA		*	NA		*
Small Company B##		7/22/96		-42.58	%		1.44	%	NA		*	NA		*
Small Company C#		7/22/96		-40.01	%		1.75	%		4.53	%		5.59	%
Small Company C##		7/22/96		-40.53	%		1.75	%		4.53	%		5.59	%
Small Company I#		7/22/96		-39.41	%		2.63	%		5.34	%		6.38	%
Small Company R3#		7/22/96		-39.69	%		2.70	%		5.63	%		6.71	%
Small Company R4#		7/22/96		-39.51	%		2.83	%		5.69	%		6.76	%
Small Company R5#		7/22/96		-39.32	%		2.94	%		5.75	%		6.81	%
Small Company Y#		7/22/96		-39.27	%		2.98	%		5.77	%		6.83	%


#		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)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Wellington Management Company, LLP		Hartford Investment Management Company
Steven C. Angeli, CFA	Mario E. Abularach, CFA, CMT	Hugh Whelan
Senior Vice President, Partner	Vice President	Managing Director

Stephen C. Mortimer
Vice President

How did the Fund perform?

The Class A shares of The Hartford Small Company Fund returned -39.57%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the Russell 2000 Growth Index which returned -37.87% for the same period. The Fund outperformed the -41.86% 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in recent history. After a positive start to the year, the global equity markets stumbled on credit crunch related issues such as the near collapse of the large investment bank Bear Stearns, the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk. In this environment, small cap, mid cap and large cap stocks all declined by over 34% during the period, as measured by the Russell 2000 (-34.2%), S&P MidCap 400 (-36.5%) and S&P 500 (-36.1%) Indices, respectively. All sectors within the Russell 2000 Growth index posted double digit declines. Telecommunication Services (-57%), Information Technology (-46%), and Consumer Discretionary (-45%) declined the most, while Consumer Staples (-17%) declined the least.

The Fund underperformed its benchmark during the period primarily due to weak stock selection within Industrials, Financials, and Information Technology. Sector allocation, which is the residual result of bottom-up (i.e. stock by stock fundamental research) stock selection, hurt performance due to an underweight (i.e. the Fund’s sector position was less than the benchmark position) position in Health Care. Stock selection in Telecommunication Services helped performance during the period, as did a moderate allocation to cash.

On an individual stock basis, Focus Media (Consumer Discretionary) was the biggest performance set back. A China-based digital advertising and media concern, the company’s shares were beset by a series of company-specific issues, including management changes, accounting questions, and mobile spamming. A broad market sell-off across China compounded share price weakness. MF Global (Financials), a leading broker of exchange traded futures and options, also significantly hurt results. A rogue trading incident and consequent misgivings about MF Global’s controls and counterparty risk led the stock price to fall. We eliminated the position in favor of more attractive opportunities. Holdings in Dufry Group (Consumer Discretionary) also disappointed. Shares in this global operator of duty-free shops fell on fears that a global economic slowdown would limit the company’s near term growth prospects.

Energy holdings Cabot Oil & Gas and Arch Coal were two of the top contributors to returns relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark for the Fund. Arch Coal’s shares benefited from extremely tight global coal markets, brought on by the confluence of supply outages in major producing countries China and Australia and robust demand growth. Cabot Oil & Gas, an independent exploration and production company with oil and gas properties in North America, likewise posted gains on rising natural gas prices, impressive results in their East Texas acreage that helped boost reserves, and disciplined execution that helped control exploration and development costs. We took profit on Cabot Oil & Gas and Arch Coal before the broad commodities sell off, eliminating our positions in both. The Fund’s holding in Millenium Pharmaceuticals (Health Care) contributed to results following news that Takeda would acquire the company. Gaming software developer Activision Blizzard (Technology) and character-based media company Marvel Entertainment (Consumer Discretionary) also helped results as both companies exhibited solid business momentum despite the generally challenging macro environment. Market share gains and margin expansion also boosted shares of Cellcom Israel (Telecommunication Services).

What is the outlook?

Despite the uncertainty, the Fund continues to focus on stocks of companies that we see as having unique business models or special market opportunities that should allow them to deliver superior growth. The Fund remains well diversified, with holdings across all major market sectors. Bottom-up, fundamental research-driven stock-by-stock investment decisions led to overweights (i.e. the Fund’s sector position was greater than the benchmark position) in Telecommunication Services, Consumer Staples and Materials sectors relative to the Russell 2000 Growth Index at the end of the period. The Fund ended the period underweight Health Care, Consumer Discretionary and Energy. Our largest holdings include BJ’s Wholesale Club (Consumer Staples), Cellcom Israel, Marvel Entertainment and Solera Holdings (Information Technology).

At October 31, 2008, 57% of the Fund’s assets were managed by Wellington and 43% of the assets were managed by Hartford Investment Management Company.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.3	%
Banks		1.1
Capital Goods		8.7
Commercial & Professional Services		6.0
Consumer Durables & Apparel		3.6
Consumer Services		2.4
Diversified Financials		2.0
Energy		7.3
Finance		0.5
Food & Staples Retailing		1.5
Food, Beverage & Tobacco		2.0
Health Care Equipment & Services		9.1
Household & Personal Products		0.3
Insurance		1.5
Materials		3.7
Media		2.1
Other Investment Pools and Funds		1.0
Pharmaceuticals, Biotechnology & Life Sciences		11.7
Real Estate		0.6
Retailing		4.0
Semiconductors & Semiconductor Equipment		4.3
Software & Services		12.9
Technology Hardware & Equipment		4.9
Telecommunication Services		3.0
Transportation		3.1
Utilities		0.3
Short-Term Investments		2.0
Other Assets and Liabilities		0.1

Total		100.0	%

The Hartford SmallCap Growth Fund
(subadvised by: Wellington Management Company, LLP
Hartford Investment Management Company)

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.

Investment objective — Seeks long-term capital appreciation.

Average Annual Total Returns(1,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

SmallCap Growth A#		1/04/88		-38.35	%		-2.01	%		5.27	%		9.02	%
SmallCap Growth A##		1/04/88		-41.74	%		-3.11	%		4.68	%		8.72	%
SmallCap Growth B#		11/14/94		-38.71	%		-2.66	%	NA		*	NA		*
SmallCap Growth B##		11/14/94		-41.40	%		-3.00	%	NA		*	NA		*
SmallCap Growth C#		11/14/94		-38.90	%		-2.77	%		4.54	%		5.58	%
SmallCap Growth C##		11/14/94		-39.44	%		-2.77	%		4.54	%		5.58	%
SmallCap Growth I#		2/19/02		-38.29	%		-1.95	%	NA				0.40	%
SmallCap Growth L#		1/04/88		-38.28	%		-1.86	%		5.35	%		9.06	%
SmallCap Growth L##		1/04/88		-41.21	%		-2.81	%		4.84	%		8.80	%
SmallCap Growth R3#		2/19/02		-38.49	%		-1.84	%	NA				0.22	%
SmallCap Growth R4#		2/19/02		-38.40	%		-1.75	%	NA				0.28	%
SmallCap Growth R5#		2/19/02		-38.20	%		-1.65	%	NA				0.36	%
SmallCap Growth Y#		2/19/02		-38.15	%		-1.61	%	NA				0.39	%


#		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. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.

(2)		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.

(3)		The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Wellington Management Company, LLP		Hartford Investment Management Company
David J. Elliot, CFA	Doris T. Dwyer	Hugh Whelan
Vice President	Vice President	Managing Director

How did the Fund perform?

The Class A shares of The Hartford SmallCap Growth Fund returned -38.35%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the Russell 2000 Growth Index, which returned -37.87% for the same period. The Fund outperformed the -41.86% 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in recent history. After a relatively uneventful start to the year, the global equity markets stumbled on credit crunch related issues such as the near collapse of the large investment bank Bear Stearns, the government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodities prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk.

Overall equity market performance was weak for the period. Small cap equities (-34%) marginally outpaced large caps (-36%) and mid caps (-36%) as represented by the Russell 2000, S&P 500, and S&P 400 MidCap Indices respectively. In addition, the Russell 2000 Growth Index (-38%) underperformed the Russell 2000 Value Index (-31%) by approximately 7%. All sectors within the Russell 2000 Growth benchmark declined sharply with Telecommunication Services (-57%), Information Technology (-46%), and Consumer Discretionary (-45%) declining the most. Consumer Staples (-17%), Health Care (-29%), and Financials (-29%) declined the least.

Security selection had a slightly negative effect on relative (i.e. performance of the Fund as measured against the benchmark) returns, as positive stock selection in Materials, Health Care, and Telecommunication Services was offset by weak security selection in Financials, Energy, Industrials, and Information Technology. Sector allocation, the residual of bottom-up (i.e. stock by stock fundamental research) stock selection, had a modestly positive impact on relative returns due to overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocations to Health Care and Consumer Staples.

The top relative detractors from performance were Bucyrus International (Industrials) and Crocs (Consumer Discretionary). Shares of Bucyrus International, a global mining equipment producer, declined sharply in September and October amid increasing uncertainty in the global economy and fears of a potential decline in coal production and consumption. Crocs, a designer, manufacturer, and distributor of footwear for men, women, and children, experienced deteriorating fundamentals, poor momentum, and concerns regarding earnings quality. The top detractors from absolute (i.e. total return) performance were ATP Oil & Gas (Energy), Kendle International (Health Care), and Emulex (Information Technology).

Top contributors to performance included Perrigo (Health Care) and Cleveland-Cliffs (Materials). Shares of Perrigo, a generic drug and health care products company, rose upon news that the FDA approved the marketing and distribution of omeprazole, a generic version of heartburn drug Prilosec OTC. Cleveland-Cliffs, an iron ore pellet producer, saw its shares rise in the first half of the year, helped by tight fundamentals in global iron ore markets and strong worldwide demand. Alpha Natural Resources, a coal supplier, was another top contributor to absolute performance.

What is the outlook?

Turmoil on Wall Street will likely presage tumult on Main Street. While securities markets continue to wrestle with deleveraging, we believe much of the consequent spillover into the real economy has yet to be felt.

Concerns of a long and deep recession may lead investors to believe the situation will not stabilize soon. We believe the elevated level of fear in the market will eventually abate and that care, diligence and patience will be rewarded.

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 relative to the Russell 2000 Growth Index were to Energy, Information Technology, and Consumer Staples; while the largest underweight (i.e. the Fund’s sector position was less than the benchmark position) allocations were to Materials and Financials.

At October 31, 2008, 78% of the Fund’s assets were managed by Wellington and 22% of the assets were managed by Hartford Investment Management Company.

Diversification by Industry
as of October 31, 2008


Industry	Percentage of Net Assets
Automobiles & Components		0.4	%
Banks		0.1
Capital Goods		10.5
Commercial & Professional Services		4.2
Consumer Durables & Apparel		2.8
Consumer Services		4.8
Diversified Financials		0.8
Energy		9.1
Food & Staples Retailing		1.0
Food, Beverage & Tobacco		1.3
Health Care Equipment & Services		10.1
Household & Personal Products		1.5
Insurance		1.6
Materials		1.5
Media		0.4
Pharmaceuticals, Biotechnology & Life Sciences		14.9
Real Estate		0.9
Retailing		3.5
Semiconductors & Semiconductor Equipment		5.0
Software & Services		11.5
Technology Hardware & Equipment		5.2
Telecommunication Services		1.8
Transportation		2.9
Utilities		0.4
Short-Term Investments		3.3
Other Assets and Liabilities		0.5

Total		100.0	%

The Hartford Stock Fund
(subadvised by: Wellington Management Company, LLP)

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.

Investment objective — Seeks long-term growth of capital.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Stock A#		7/22/96		-43.70	%		-2.96	%		-1.59	%		3.50	%
Stock A##		7/22/96		-46.80	%		-4.05	%		-2.14	%		3.03	%
Stock B#		7/22/96		-44.20	%		-3.78	%	NA		*	NA		*
Stock B##		7/22/96		-46.99	%		-4.16	%	NA		*	NA		*
Stock C#		7/22/96		-44.21	%		-3.68	%		-2.27	%		2.78	%
Stock C##		7/22/96		-44.77	%		-3.68	%		-2.27	%		2.78	%
Stock I#		7/22/96		-43.62	%		-2.93	%		-1.58	%		3.52	%
Stock R3#		7/22/96		-43.91	%		-2.74	%		-1.23	%		3.90	%
Stock R4#		7/22/96		-43.74	%		-2.62	%		-1.17	%		3.95	%
Stock R5#		7/22/96		-43.58	%		-2.52	%		-1.12	%		4.00	%
Stock Y#		7/22/96		-43.49	%		-2.47	%		-1.09	%		4.02	%


#		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)		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.

(2)		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 5/30/08. Performance prior to 5/30/08 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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Steven T. Irons, CFA		Peter I. Higgins, CFA
Senior Vice President, Partner		Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Stock Fund returned -43.70%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the S&P 500 Index which returned -36.08% for the same period. The Fund also underperformed the -36.46% 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?

The twelve-month period ended October 31, 2008 was one of the most volatile in history. After a positive start to the year, global equity markets stumbled as the widespread contraction in credit led to major changes in the financial landscape. These included the near collapse of the large investment bank Bear Stearns, government takeovers of Fannie Mae and Freddie Mac, the collapse of Lehman Brothers, the fall of insurance firm American International Group (AIG), and the seizure of banking firm Washington Mutual. The global economy also weakened, sending energy and commodity prices lower. In response to increasing concerns about the financial system and a potential U.S. recession, equity investors sought to shed risk, punishing equity securities broadly.

Large (-36%), mid (-36%), and small (-34%) cap stocks declined in unison during the period, as measured by the S&P 500 , S&P MidCap 400 and Russell 2000 Indices, respectively. Growth and Value stocks both declined by 37%, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. All ten sectors within the S&P 500 Index posted negative returns. Financials (-52%), Information Technology (-41%), and Materials (-41%) were the biggest laggards, while traditionally defensive sectors Consumer Staples (-12%) and Health Care (-24%) declined the least.

The Fund’s underperformance versus the benchmark was driven by security selection, which was weakest in Financials, Health Care, and Materials. Sector positioning, which is a result of bottom-up (i.e. stock by stock fundamental research) security selection, also detracted from performance as an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the strong performing Health Care sector was more than offset by the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) exposure to Consumer Staples and overweight to Financials.

Stocks that detracted the most from relative (i.e. performance of the Fund as measured against the benchmark) returns during the period were Washington Mutual (Financials), Lehman Brothers (Financials), and Suntech Power (Industrials). Shares of consumer and small business banking company Washington Mutual fell significantly early in the year on fears that the losses it would incur on its residential real estate portfolio could force another dilutive capital raise and depress earnings for the next several years. We believed the company had substantial resources to weather the current environment and absorb the coming losses through the credit cycle. However, the FDIC forced the company’s hand by publicly expressing concern about the quality of their mortgage assets and by facilitating an acquisition by JP Morgan Chase to minimize future risk to FDIC insurance assets. Investment bank Lehman Brothers’ shares collapsed as the company fell victim to the financial crisis during the third quarter; lack of confidence, a liquidity crisis, and inability to attract a partner ultimately led to the firm’s demise. Suntech Power, a China-based solar energy company, saw its shares fall after the company lowered its first quarter and full-year revenue guidance below consensus estimates due to higher silicon costs and a negative weather impact. Significant detractors from absolute (i.e. total return) returns also included General Electric (Industrials) and Goldman Sachs (Financials).

Top contributors to relative performance during the period included Delta Air Lines (Industrials), Shionogi (Health Care), and Qualcomm (Information Technology). The Fund’s holding in Delta Air Lines helped performance on an absolute and relative basis, as the company’s share price rallied on falling oil prices in the third quarter. Shares of Shionogi, a Japanese pharmaceutical company, rose after the company reported steady earnings growth driven by sales of cholesterol lowering drug Crestor and allergy drug Claritin. Shares of wireless telecommunications hardware maker Qualcomm rose following patent settlement with Nokia and strong fiscal 3Q results driven by revenue growth in CDMA and licensing divisions. The Fund’s holdings in leading seismic technology and oilfield services provider Schlumberger (Energy) and leading biotechnology company Genentech (Biotechnology) also contributed positively to the Fund’s returns on an absolute basis.

What is the outlook?

In this environment we continue to focus our efforts on stock-by-stock fundamental research to construct a diversified large-cap core portfolio. We look for companies that exhibit the following qualities: industry leadership, strong balance sheets, solid management, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. At the end of the period, our bottom-up investment approach resulted in overweight exposures in Information Technology, Financials and Consumer Discretionary, as we found a number of attractive investment opportunities in these sectors. The Fund’s largest underweights relative to the S&P 500 Index were in Consumer Staples, Utilities, and Telecom.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.5	%
Banks		2.6
Capital Goods		5.4
Commercial & Professional Services		1.3
Diversified Financials		15.1
Energy		13.1
Food & Staples Retailing		4.1
Food, Beverage & Tobacco		3.7
Health Care Equipment & Services		3.2
Household & Personal Products		0.6
Materials		3.7
Media		5.0
Pharmaceuticals, Biotechnology & Life Sciences		11.0
Retailing		5.1
Semiconductors & Semiconductor Equipment		5.0
Software & Services		6.5
Technology Hardware & Equipment		8.1
Telecommunication Services		1.1
Transportation		4.2
Short-Term Investments		6.3
Other Assets and Liabilities		(5.6	)

Total		100.0	%

The Hartford Strategic Income Fund
(subadvised by Hartford Investment Management Company)

You cannot invest directly in an index.

Investment objective — Seeks a high level of current income. Capital appreciation is a secondary objective.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Strategic Income A#		5/31/07		-19.02	%		-12.86	%
Strategic Income A##		5/31/07		-22.66	%		-15.64	%
Strategic Income B#		5/31/07		-19.66	%		-13.55	%
Strategic Income B##		5/31/07		-23.43	%		-15.78	%
Strategic Income C#		5/31/07		-19.62	%		-13.45	%
Strategic Income C##		5/31/07		-20.37	%		-13.45	%
Strategic Income I#		5/31/07		-18.88	%		-12.58	%
Strategic Income Y#		8/31/07		-18.85	%		-14.02	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		Growth of a $10,000 investment in Classes B, C, I and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Michael Bacevich	Mark Niland, CFA	Nasri Toutoungi
Managing Director	Managing Director	Managing Director
Michael Gray, CFA	Peter Perrotti, CFA	Edward Vaimberg
Managing Director	Executive Vice President	Senior Vice President

How did the Fund perform?

The Class A shares of The Hartford Strategic Income Fund returned -19.02%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned 0.30% while the average return of the Lipper Multi- Sector Income Funds category, a group of funds with investment strategies similar to those of the Fund, was -15.81%.

Why did the Fund perform this way?

Spreads widened dramatically (i.e. short and long term interest rates moving farther apart) across all sectors during the period, putting considerable pressure on prices, while Treasury securities enjoyed strong performance amid the ongoing flight to quality. In this environment, the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) to U.S. Treasury securities relative to the benchmark in favor of investment grade financials and commercial mortgage-backed securities (CMBS) was a significant detractor from performance. The Fund’s holdings in investment grade corporate bonds, which were concentrated in the Financial sector, averaged approximately 14%. Exposure to CMBS was approximately 5.25%. Exposure to Emerging Market corporate debt, a sector not represented in the benchmark, also hindered relative (i.e. performance of the Fund as measured against the benchmark) performance.

Conversely, the Fund’s yield-curve positioning was additive to performance. The Fund was positioned to benefit from the steepening of the U.S. yield curve (i.e. short and long term interest rates moving farther apart) that occurred during the period. Additionally, exposure in Europe was advantageous as yields there declined to a greater extent than in the U.S., causing the yield differential between the two markets to contract.

The Hartford Target Retirement 2010 Fund
(subadvised by Hartford Investment Management Company)

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.

Investment objective — Seeks to maximize total return and secondarily, to seek capital preservation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Target Retirement 2010 A#		9/30/05		-27.84	%		-4.61	%
Target Retirement 2010 A##		9/30/05		-31.81	%		-6.34	%
Target Retirement 2010 B#		9/30/05		-28.36	%		-5.33	%
Target Retirement 2010 B##		9/30/05		-31.75	%		-6.12	%
Target Retirement 2010 C#		9/30/05		-28.41	%		-5.35	%
Target Retirement 2010 C##		9/30/05		-29.09	%		-5.35	%
Target Retirement 2010 R3#		9/30/05		-28.14	%		-4.73	%
Target Retirement 2010 R4#		9/30/05		-27.84	%		-4.52	%
Target Retirement 2010 R5#		9/30/05		-27.74	%		-4.40	%
Target Retirement 2010 Y#		9/30/05		-27.60	%		-4.34	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Hugh Whelan		Edward C. Caputo
Managing Director		Assistant Vice President

How did the Fund perform?

The Class A shares of The Hartford Target Retirement 2010 Fund returned -27.84%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmarks, the S&P 500 Index and the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned -36.08% and 0.30%, respectively, while the average return of the Lipper Mixed-Asset Target 2010 Funds category, a group of funds with investment strategies similar to those of the Fund, was -24.76%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted, sending stock prices sharply lower. Within U.S. equities, although all segments of the market declined, small-cap stocks outperformed mid-cap and large-cap stocks. Across all capitalizations, the value investment style beat growth. In contrast to the prior year, U.S. stocks significantly outperformed international stocks. In the fixed-income market, U.S. Treasury securities outperformed all other sectors as the flight to quality pushed Treasury yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date), with the yield on five-year Treasury notes declining 134 basis points to 2.83% and the yield on 10-year notes declining 52 basis points to 3.95%. Spreads in all non-government sectors widened dramatically (i.e. short and long term interest rates moving farther apart), but commercial mortgage-backed securities (CMBS) turned in the

The Fund’s performance is influenced not just by our asset allocation decisions, but also by the performance of the underlying funds we select to meet our asset allocation targets. During the period, our fund selection enhanced relative (i.e. performance of the Fund as measured against the benchmark) performance. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. However, two hard rebalances (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) were executed during the reporting period. The first was necessary to increase the target allocation to stocks from 48% to 58% and decrease the target allocation to bonds from 52% to 42%. The second was required because of the weak equity market performance, which necessitated a hard rebalance to restore the portfolio allocations back to their targets.

What is the outlook?

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		14.1	%
Hartford Disciplined Equity Fund, Class Y		2.7
Hartford Dividend and Growth Fund, Class Y		2.5
Hartford Floating Rate Fund, Class Y		2.9
Hartford Fundamental Growth Fund, Class Y		2.4
Hartford Global Growth Fund, Class Y		3.5
Hartford Growth Fund, Class Y		5.6
Hartford Growth Opportunities Fund, Class Y		3.8
Hartford High Yield Fund, Class Y		2.9
Hartford Income Fund, Class Y		8.4
Hartford Inflation Plus Fund, Class Y		6.9
Hartford International Opportunities Fund, Class Y		4.0
Hartford International Small Company Fund, Class Y		1.5
Hartford LargeCap Growth Fund, Class Y		0.7
Hartford Select SmallCap Value Fund, Class Y		1.6
Hartford Short Duration Fund, Class Y		4.9
Hartford Small Company Fund, Class Y		3.3
Hartford Strategic Income Fund, Class Y		8.6
Hartford Total Return Bond Fund, Class Y		6.1
Hartford Value Fund, Class Y		11.3
SPDR DJ Wilshire International Real Estate ETF		0.9
SPDR DJ Wilshire REIT ETF		0.8
Other Assets and Liabilities		0.6

Total		100.0	%

The Hartford Target Retirement 2020 Fund
(subadvised by Hartford Investment Management Company)

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.

Investment objective — Seeks to maximize total return and secondarily, to seek capital preservation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			Since
	Date		Year			Inception

Target Retirement 2020 A#		9/30/05		-32.13	%		-5.38	%
Target Retirement 2020 A##		9/30/05		-35.86	%		-7.10	%
Target Retirement 2020 B#		9/30/05		-32.64	%		-6.10	%
Target Retirement 2020 B##		9/30/05		-35.88	%		-6.94	%
Target Retirement 2020 C#		9/30/05		-32.64	%		-6.09	%
Target Retirement 2020 C##		9/30/05		-33.29	%		-6.09	%
Target Retirement 2020 R3#		9/30/05		-32.46	%		-5.55	%
Target Retirement 2020 R4#		9/30/05		-32.18	%		-5.34	%
Target Retirement 2020 R5#		9/30/05		-31.98	%		-5.18	%
Target Retirement 2020 Y#		9/30/05		-31.89	%		-5.11	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Hugh Whelan		Edward C. Caputo
Managing Director		Assistant Vice President

How did the Fund perform?

The Class A shares of The Hartford Target Retirement 2020 Fund returned -32.13%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmarks, the S&P 500 Index and the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned -36.08% and 0.30%, respectively, while the average return of the Lipper Mixed-Asset Target 2020 Funds category, a group of funds with investment strategies similar to those of the Fund, was -32.08%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted, sending stock prices sharply lower. Within U.S. equities, although all segments of the market declined, small-cap stocks outperformed mid-cap and large-cap stocks. Across all capitalizations, the value investment style beat growth. In contrast to the prior year, U.S. stocks significantly outperformed international stocks. In the fixed-income market, U.S. Treasury securities outperformed all other sectors as the flight to quality pushed Treasury yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date), with the yield on five-year Treasury notes declining 134 basis points to 2.83% and the yield on 10-year notes declining 52 basis points to 3.95%. Spreads in all non-government sectors widened dramatically (i.e. short and long term interest rates moving farther apart), but commercial mortgage-backed securities (CMBS) turned in the

The Fund’s performance is influenced not just by our asset allocation decisions, but also by the performance of the underlying funds we select to meet our asset allocation targets. During the period, our fund selection enhanced relative (i.e. performance of the Fund as measured against the benchmark) performance. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. However, two hard rebalances (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) were executed during the reporting period. The first was necessary to increase the target allocation to stocks from 64% to 71% and decrease the target allocation to bonds from 36% to 29%. The second was required because of the weak equity market performance, which necessitated a hard rebalance to restore the portfolio allocations back to their targets.

What is your outlook?

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		17.7	%
Hartford Dividend and Growth Fund, Class Y		3.0
Hartford Equity Income Fund, Class Y		3.1
Hartford Fundamental Growth Fund, Class Y		2.0
Hartford Global Growth Fund, Class Y		3.6
Hartford Growth Fund, Class Y		6.3
Hartford Growth Opportunities Fund, Class Y		4.2
Hartford High Yield Fund, Class Y		2.9
Hartford Income Fund, Class Y		2.5
Hartford Inflation Plus Fund, Class Y		6.0
Hartford International Opportunities Fund, Class Y		3.9
Hartford International Small Company Fund, Class Y		3.8
Hartford LargeCap Growth Fund, Class Y		1.4
Hartford Select MidCap Value Fund, Class Y		1.5
Hartford Select SmallCap Value Fund, Class Y		3.6
Hartford Short Duration Fund, Class Y		3.8
Hartford Small Company Fund, Class Y		3.3
Hartford Strategic Income Fund, Class Y		7.6
Hartford Total Return Bond Fund, Class Y		5.2
Hartford Value Fund, Class Y		13.5
SPDR DJ Wilshire International Real Estate ETF		0.5
SPDR DJ Wilshire REIT ETF		0.3
Other Assets and Liabilities		0.3

Total		100.0	%

The Hartford Target Retirement 2030 Fund
(subadvised by Hartford Investment Management Company)

Braclays Capital U.S. Aggregate Bond Index is an unmanaged index and is composed of securities from the Barclays Capital Government/Credit Bond Index, Mortgage-Backed Securities Index, Asset-Backed Securities 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.

Investment objective — Seeks to maximize total return and secondarily, to seek capital preservation.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception	1	Since
	Date	Year	Inception

Target Retirement 2030 A#	9/30/05	-34.93%	-6.01%
Target Retirement 2030 A##	9/30/05	-38.51%	-7.71%
Target Retirement 2030 B#	9/30/05	-35.23%	-6.60%
Target Retirement 2030 B##	9/30/05	-38.34%	-7.37%
Target Retirement 2030 C#	9/30/05	-35.17%	-6.56%
Target Retirement 2030 C##	9/30/05	-35.79%	-6.56%
Target Retirement 2030 R3#	9/30/05	-35.18%	-6.14%
Target Retirement 2030 R4#	9/30/05	-34.97%	-5.96%
Target Retirement 2030 R5#	9/30/05	-34.82%	-5.83%
Target Retirement 2030 Y#	9/30/05	-34.69%	-5.72%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Hugh Whelan		Edward C. Caputo
Managing Director		Assistant Vice President

How did the Fund perform?

The Class A shares of The Hartford Target Retirement 2030 Fund returned -34.93%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmarks, the S&P 500 Index and the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Bond Index), returned -36.08% and 0.30%, respectively, while the average return of the Lipper Mixed-Asset Target 2030 Funds category, a group of funds with investment strategies similar to those of the Fund, was -37.03%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Investor confidence plummeted, sending stock prices sharply lower. Within U.S. equities, although all segments of the market declined, small-cap stocks outperformed mid-cap and large-cap stocks. Across all capitalizations, the value investment style beat growth. In contrast to the prior year, U.S. stocks significantly outperformed international stocks. In the fixed-income market, U.S. Treasury securities outperformed all other sectors as the flight to quality pushed Treasury yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date), with the yield on five-year Treasury notes declining 134 basis points to 2.83% and the yield on 10-year notes declining 52 basis points to 3.95%. Spreads in all non-government sectors widened dramatically (i.e. short and long term interest rates moving farther apart), but commercial mortgage-backed securities (CMBS) turned in the

The Fund’s performance is influenced not just by our asset allocation decisions, but also by the performance of the underlying funds we select to meet our asset allocation targets. During the period, our fund selection enhanced relative (i.e. performance of the Fund as measured against the benchmark) performance. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. However, two hard rebalances (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) were executed during the reporting period. The first was necessary to increase the target allocation to stocks from 79% to 82% and decrease the target allocation to bonds from 21% to 18%. The second was required because of the weak equity market performance, which necessitated a hard rebalance to restore the portfolio allocations back to their targets.

What is the outlook?

Composition by Underlying Fund
as of October 31, 2008


	Percentage of
Fund Name	Net Assets
Hartford Capital Appreciation Fund, Class Y		17.8	%
Hartford Disciplined Equity Fund, Class Y		2.8
Hartford Dividend and Growth Fund, Class Y		3.4
Hartford Equity Income Fund, Class Y		3.0
Hartford Fundamental Growth Fund, Class Y		3.1
Hartford Global Growth Fund, Class Y		4.4
Hartford Growth Fund, Class Y		6.7
Hartford Growth Opportunities Fund, Class Y		4.9
Hartford Inflation Plus Fund, Class Y		4.7
Hartford International Opportunities Fund, Class Y		3.3
Hartford International Small Company Fund, Class Y		4.4
Hartford LargeCap Growth Fund, Class Y		3.0
Hartford Select MidCap Value Fund, Class Y		1.7
Hartford Select SmallCap Value Fund, Class Y		4.6
Hartford Short Duration Fund, Class Y		2.9
Hartford Small Company Fund, Class Y		3.9
Hartford Total Return Bond Fund, Class Y		9.9
Hartford Value Fund, Class Y		13.9
SPDR DJ Wilshire International Real Estate ETF		0.8
SPDR DJ Wilshire REIT ETF		0.5
Other Assets and Liabilities		0.3

Total		100.0	%

The Hartford Tax-Free California Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital 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.

Investment objective — Seeks to provide current income exempt from both federal and California income tax.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Tax-Free California A#		10/31/02		-15.78	%		0.08	%		0.57	%
Tax-Free California A##		10/31/02		-19.57	%		-0.84	%		-0.20	%
Tax-Free California B#		10/31/02		-16.54	%		-0.69	%		-0.21	%
Tax-Free California B##		10/31/02		-20.55	%		-1.03	%		-0.34	%
Tax-Free California C#		10/31/02		-16.41	%		-0.64	%		-0.15	%
Tax-Free California C##		10/31/02		-17.21	%		-0.64	%		-0.15	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Charles Grande		Christopher Bade
Executive Vice President		Vice President

How did the Fund perform?

The Class A shares of The Hartford California Tax-Free Fund returned -15.78%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital California Index (formerly the Lehman Brothers California Index), returned -4.30% while the average return of the Lipper California Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund, was -9.12%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Underwriters and institutional and retail investors became unwilling to commit capital to investment markets, including municipal bonds, as the desire to hold cash became extreme. Credit rating downgrades of major monoline insurers and the volatile and deteriorating auction rate and variable rate markets caused further turmoil and disruption in the municipal market. These factors, coupled with bank consolidations, the takeovers of American International Group (AIG), Fannie Mae and Freddie Mac, municipal hedge fund liquidations, and mutual fund outflows led to a severe decline in demand for municipal bonds, forcing municipal bonds to cheapen and spreads to widen (i.e. short and long term interest rates moving farther apart). For the overall period, municipal credit spreads (the incremental yield an investor receives for taking on greater credit risk) widened by approximately 256 basis points for investment grade bonds and 273 basis points for high yield bonds. Yields rose across all but the short end of the municipal yield curve (i.e. municipal bonds with a shorter maturity date), with the greatest increases occurring on long-maturity issues. As a result, the curve steepened (i.e. short and long term interest rates moving farther apart) dramatically, with the yield differential between two-year and 30-year municipal bonds increasing 108 basis points to 371 basis points. Just three months prior to the start of the Fund’s fiscal year, on August 1, 2007, this yield differential stood at only 72 basis points.

response to the credit crisis, we reduced the Fund’s exposure to lower rated bonds during the period and increased holdings of more liquid, higher quality bonds (rated single-A or better) in more creditworthy, essential service sectors such as utilities, education, and local general obligations, which was beneficial to returns. However, the Fund still held a comparatively lower exposure to these better performing assets than the benchmark and peer group during the period, which contributed to its relative underperformance. With regard to yield-curve positioning, we lowered the Fund’s duration (a measure of interest-rate sensitivity) at certain times during the period through the sale of long-maturity issues and purchase of short-maturity issues. This strategy helped mitigate some of the negative impact of the Fund’s exposure to the long end of the yield curve (i.e. bonds with a longer maturity date).

An overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocation to special assessment bonds hindered performance as this sector continues to be negatively impacted by the national housing slowdown and increasing delinquencies and foreclosures in the California housing market. The Fund’s allocation to special assessment bonds was reduced, however, from 24% to 20% during the reporting year. Exposure to tobacco bonds also detracted as this was one of the worst performing sectors for the period. Forced selling by some of the larger investors in the sector pressured prices, pushing yields higher and spreads wider. We reduced the Fund’s holdings in this sector as well from 11% to 8%, which helped to minimize the underperformance.

The Fund’s limited exposure to issues with weaker coupon structures (zero coupon bonds and bonds with coupons below 5%) supported performance as these issues performed poorly during the reporting year. Limited exposure to the major bond insurers that were downgraded during the period also helped relative performance.

What is the outlook?

We expect price volatility in the municipal market to continue for the near term. We remain very cautious given the continued devaluation of real estate in California, the State’s weakening economy, widening budget crisis, and lower revenue generation and higher borrowing costs for California issuers. As such, we will continue to seek to increase the Fund’s credit quality, focusing on the higher quality, more essential service sectors of the market. We also expect the municipal yield curve will continue to steepen as retail investors increase tax-advantaged holdings, driving yields lower for short maturity bonds (in conjunction with Federal Reserve action), while yields on long maturity bonds will rise due to reduced demand from institutional and non-traditional buyers (i.e. arbitrage/hedge funds). In addition, we expect future new issue supply with predominately longer maturities will put further stress on long bond yields. For these reasons, we remain very cautious with regard to purchases on the long end of the curve and whenever possible, we will focus on shorter-maturity issues in order to rein in duration and thereby reduce the portfolio’s price sensitivity.

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		5.9	%
AA		17.0
A		22.3
BBB		23.4
BB		1.2
Not Rated		30.2

Total		100.0	%

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Airport Revenues		2.0	%
General Obligations		2.2
Health Care/Services		14.6
Higher Education (Univ., Dorms, etc.)		14.0
Housing (HFA’S, etc.)		3.8
Industrial		2.6
Miscellaneous		8.7
Pollution Control		1.6
Prerefunded		2.9
Public Facilities		1.2
Special Tax Assessment		20.1
Tax Allocation		9.5
Utilities — Electric		2.2
Utilities — Gas		4.5
Utilities — Water and Sewer		1.4
Short-Term Investments		3.0
Other Assets and Liabilities		5.7

Total		100.0	%

The Hartford Tax-Free Minnesota Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital Municipal Bond Index is an unmanaged index of municipal bonds with maturities greater than two years.

You cannot invest directly in an index.

Investment objective — Seeks to provide current income exempt from both federal and Minnesota income tax.

Average Annual Total Returns(1,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Tax-Free Minnesota A#		6/02/86		-8.84	%		0.92	%		2.66	%		4.95	%
Tax-Free Minnesota A##		6/02/86		-12.95	%		-0.01	%		2.19	%		4.73	%
Tax-Free Minnesota B#		11/14/94		-9.51	%		0.21	%	NA		*	NA		*
Tax-Free Minnesota B##		11/14/94		-13.88	%		-0.12	%	NA		*	NA		*
Tax-Free Minnesota C#		11/14/94		-9.41	%		0.20	%		1.88	%		3.39	%
Tax-Free Minnesota C##		11/14/94		-10.28	%		0.20	%		1.88	%		3.39	%
Tax-Free Minnesota L#		11/14/94		-8.85	%		0.91	%		2.65	%		4.16	%
Tax-Free Minnesota L##		11/14/94		-12.95	%		-0.02	%		2.18	%		3.82	%
Tax-Free Minnesota Y#		2/19/02		-8.58	%		1.04	%	NA				2.17	%


#		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 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. (Classes E, M and N are no longer offered.)

(2)		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.

(3)		The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Charles Grande		Christopher Bade
Executive Vice President		Vice President

How did the Fund perform?

The Class A shares of The Hartford Minnesota Tax-Free Fund returned -8.84%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital Municipal Bond (National) Index (formerly the Lehman Brothers Municipal Bond (National) Index), returned -3.29% while the average return of the Lipper Minnesota Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund, was -6.71%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Underwriters and institutional and retail investors became unwilling to commit capital to investment markets, including municipal bonds, as the desire to hold cash became extreme. Credit rating downgrades of major monoline insurers and the volatile and deteriorating auction rate and variable rate markets caused further turmoil and disruption in the municipal market. These factors, coupled with bank consolidations, the takeovers of American International Group (AIG), Fannie Mae and Freddie Mac, municipal hedge fund liquidations, and mutual fund outflows led to a severe decline in demand for municipal bonds, forcing municipal bonds to cheapen and spreads to widen (i.e. short and long term interest rates moving farther apart). For the overall period, municipal credit spreads (the incremental yield an investor receives for taking on greater credit risk) widened by approximately 256 basis points for investment grade bonds and 273 basis points for high yield bonds. Yields rose across all but the short end of the municipal yield curve (i.e. municipal bonds with a shorter maturity date), with the greatest increases occurring on long-maturity issues. As a result, the curve steepened (i.e. short and long term interest rates moving farther apart) dramatically,

with the yield differential between two-year and 30-year municipal bonds increasing 108 basis points to 371 basis points. Just three months prior to the start of the Fund’s fiscal year, on August 1, 2007, this yield differential stood at only 72 basis points.

The Fund had two distinct periods of performance during the reporting year. In the first half of the period, the Fund had positive performance due to its relatively low exposure to the long end of the municipal yield curve, which underperformed the intermediate and short segments of the curve, and its large allocation to higher quality general obligation, insured, and pre-refunded bonds, which benefited from the ongoing flight to quality. However, Fund performance deteriorated in the second half of the period as holdings of lower rated bonds (triple-B and lower rated) suffered from severe credit spread widening, and bonds with longer durations (a measure of interest-rate sensitivity) declined as the yields on longer-maturity issues rose considerably and the yield curve steepened. The Fund’s exposure to the long end of the curve was limited, however. On average, 50% of the Fund’s assets were exposed to the shorter portion of the curve for most of the reporting year. Additionally, we lowered duration during the period through sales of long dated issues and purchases of short-maturity issues. As such, the Fund’s yield-curve positioning overall was beneficial to relative (i.e. performance of the Fund as measured against the benchmark) performance. The primary contributor to the Fund’s underperformance relative to the benchmark was its overweight (i.e. the Fund’s sector position was greater than the benchmark position) to lower rated, higher yielding bonds. Although we reduced the Fund’s exposure to lower rated bonds and increased holdings of more liquid, higher quality issues (rated single-A or better) in more creditworthy, essential service sectors during the year, the Fund still held a comparatively lower exposure to these better performing assets.

An overweight to Health Care hurt performance as spreads in the sector widened. Exposure to industrial development bonds and corporate-backed municipals credits also hindered returns as weakening economic conditions and declining corporate earnings negatively impacted these sectors. Conversely, owning a small percentage of tobacco bonds (2% of assets) was additive to relative performance. Forced selling by some of the larger investors in the sector pressured prices, pushing yields higher and spreads wider.

What is the outlook?

We expect price volatility in the municipal market to continue in the near term. We remain very cautious given the State of Minnesota’s slowing economy and budget challenges, continued devaluation of real estate, lower revenue generation and higher borrowing costs for Minnesota issuers. As such, we will continue to seek to increase the Fund’s credit quality, focusing on the higher quality, more essential service sectors of the market. We also expect the municipal yield curve will continue to steepen as retail investors increase tax-advantaged holdings, driving yields lower for short maturity bonds (in conjunction with Federal Reserve action), while yields on long maturity bonds will rise due to reduced demand from institutional and non-traditional buyers (i.e. arbitrage/hedge funds). In addition, we expect future new issue supply with predominately longer maturities will put further stress on long bond yields. For these reasons, we remain very cautious with regard to purchases on the long end of the curve and whenever possible, we will focus on shorter-maturity issues in order to rein in duration and thereby reduce the portfolio’s price sensitivity.

At a meeting held on August 5-6, 2008, the Boards of Directors of The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. approved on behalf of The Hartford Tax-Free New York Fund and The Hartford Tax-Free Minnesota Fund, respectively (each an “Acquired Fund” and collectively, the “Acquired Funds”), and the Board of Directors of The Hartford Mutual Funds II, Inc. approved on behalf of The Hartford Tax-Free National Fund (the “Acquiring Fund”), the reorganization of the Acquired Funds with and into the Acquiring Fund (the “Reorganizations”).

Effective November 28, 2008, shares of the Acquired Funds will no longer be sold to new investors or existing shareholders (except through reinvested dividends) or be eligible for exchanges from other Hartford Mutual Funds.

The Hartford Tax-Free National Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital Municipal Bond Index is an unmanaged index of municipal bonds with maturities greater than two years.

You cannot invest directly in an index.

Investment objective — Seeks to provide current income exempt from federal income tax.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Tax-Free National A#		6/02/86		-16.40	%		-0.22	%		2.19	%		5.03	%
Tax-Free National A##		6/02/86		-20.17	%		-1.14	%		1.72	%		4.81	%
Tax-Free National B#		11/14/94		-16.97	%		-0.94	%	NA*			NA*
Tax-Free National B##		11/14/94		-20.96	%		-1.27	%	NA*			NA*
Tax-Free National C#		11/14/94		-17.02	%		-0.94	%		1.37	%		3.22	%
Tax-Free National C##		11/14/94		-17.82	%		-0.94	%		1.37	%		3.22	%
Tax-Free National I#		6/02/86		-16.16	%		-0.11	%	NA				1.29	%
Tax-Free National L#		11/14/94		-16.41	%		-0.24	%		2.10	%		3.98	%
Tax-Free National L##		11/14/94		-20.17	%		-1.15	%		1.63	%		3.64	%
Tax-Free National Y#		2/19/02		-16.22	%		-0.06	%	NA				1.44	%


#		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)		Growth of a $10,000 investment in Classes B, C, I, L and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.

(2)		Classes A, B and C were offered beginning on 2/19/02. 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 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. (Classes E, M and N are no longer offered.) Class I shares commenced operations on 5/31/07. Performance prior to 5/31/07 reflects Class A performance.

(3)		The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Charles Grande		Christopher Bade
Executive Vice President		Vice President

How did the Fund perform?

The Class A shares of The Hartford Tax-Free National Fund returned -16.40%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital Municipal Bond (National) Index (formerly the Lehman Brothers Municipal Bond (National) Index), returned -3.29% while the average return of the Lipper General Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund, was -7.23%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Underwriters and institutional and retail investors became unwilling to commit capital to investment markets, including municipal bonds, as the desire to hold cash became extreme. Credit rating downgrades of major monoline insurers and the volatile and deteriorating auction rate and variable rate markets caused further turmoil and disruption in the municipal market. These factors, coupled with bank consolidations, the takeovers of American International Group (AIG), Fannie Mae and Freddie Mac, municipal hedge fund liquidations, and mutual fund outflows led to a severe decline in demand for municipal bonds, forcing municipal bonds to cheapen and spreads to widen (i.e. short and long term interest rates moving farther apart). For the overall period, municipal credit spreads (the incremental yield an investor receives for taking on greater credit risk) widened by approximately 256 basis points for investment grade bonds and 273 basis points for high yield bonds. Yields rose across all but the short end of the municipal yield curve (i.e. municipal bonds with a shorter maturity date), with the greatest increases occurring on long-maturity issues. As a result, the curve steepened (i.e. short and long term interest rates moving farther apart) dramatically,

In this environment, the primary contributors to the Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark for the period were its greater exposure to lower rated bonds (triple-B and lower rated), which suffered from severe credit spread widening as investor risk-aversion grew, and greater exposure to the long end of the municipal yield curve (25 years and longer), which underperformed the short and intermediate portions of the curve. In response to the credit crisis, we reduced the Fund’s exposure to lower rated bonds during the period and increased holdings of more liquid, higher quality bonds (rated single-A or better) in more creditworthy, essential service sectors such as utilities, education, and local general obligations, which was beneficial to returns. However, the Fund still held a comparatively lower exposure to these better performing assets than the benchmark and peer group during the period, which contributed to its relative underperformance. With regard to yield-curve positioning, we lowered the Fund’s duration (a measure of interest-rate sensitivity) at certain times during the period through the sale of long-maturity issues and purchase of short-maturity issues. This strategy helped mitigate some of the negative impact of the Fund’s exposure to the long end of the yield curve (i.e. bonds with a longer maturity date).

An overweight (i.e. the Fund’s sector position was greater than the benchmark position) to Health Care hurt performance as spreads in the sector widened. Exposure to industrial development bonds and corporate-backed municipals credits, specifically secured airline and prepaid gas bonds, also hindered returns as weakening economic conditions and declining corporate earnings negatively impacted these sectors. Additionally, exposure to tobacco bonds was disadvantageous as this was one of the worst performing sectors for the period due to forced selling by some of the larger investors in the sector that pushed prices lower. However, we reduced the Fund’s holdings in this sector from 10% to 3%, which helped to minimize the underperformance. Exposure to special assessment bonds also hindered performance as the sector continued to be negatively impacted by the national housing slowdown and increasing delinquencies and foreclosures.

Conversely, the Fund’s limited exposure to issues with weaker coupon structures (zero coupon bonds and bonds with coupons below 5%) supported performance as these issues performed poorly during the reporting year. Limited exposure to the major bond insurers that were downgraded during the period also helped relative performance, although the Fund did have a 9% exposure to Radian-insured bonds which were downgraded later in the year. Lastly, the sale of unsecured special facility airline bonds early in the period assisted performance as this was the worst performing municipal sector for the 12-month period.

What is the outlook?

We expect price volatility in the municipal market to continue for the near term. We remain very cautious given the continued devaluation of real estate, the national economic recession, lower revenue generation and higher borrowing costs for municipal issuers. As such, we will continue to seek to increase the Fund’s credit quality, focusing on the higher quality, more essential service sectors of the market. We also expect the municipal yield curve will continue to steepen as retail investors increase tax-advantaged holdings, driving yields lower for short maturity bonds (in conjunction with Federal Reserve action), while yields on long maturity bonds will rise due to reduced demand from institutional and non-traditional buyers (i.e. arbitrage/hedge funds). In addition, we expect future new issue supply with predominately longer maturities will put further stress on long bond yields. For these reasons, we remain very cautious with regard to purchases on the long end of the curve and whenever possible, we will focus on shorter-maturity issues in order to rein in duration and thereby reduce the portfolio’s price sensitivity.

100

The Boards of Directors of The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. have called for a Special Joint Meeting of Shareholders of the Acquired Funds (the “Joint Meeting”) to be held on or about January 20, 2009, for the purpose of seeking the approval of the Agreements and Plans of Reorganization (the “Reorganization Agreements”) by the shareholders of the Acquired Funds.

If the Reorganization Agreements are approved by the shareholders of the Acquired Funds, the Reorganization Agreements contemplate: (1) the transfer of all of the assets of each Acquired Fund to the Acquiring Fund in exchange for shares of the Acquiring Fund having an aggregate value equal to the net assets of the applicable Acquired Fund; (2) the assumption by the Acquiring Fund of all of the liabilities of each Acquired Fund; and (3) the distribution of shares of the Acquiring Fund to the shareholders of each Acquired Fund in complete liquidation of each Acquired Fund. Each shareholder of each Acquired Fund would receive shares of the Acquiring Fund equal in value to the shares of the respective Acquired Fund held by that shareholder as of the closing date of the Reorganizations.

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		5.4	%
AA		15.6
A		21.4
BBB		26.4
BB		3.5
B		1.1
CCC		0.4
Not Rated		26.2

Total		100.0	%

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Airport Revenues		0.7	%
General Obligations		15.0
Health Care/Services		21.6
Higher Education (Univ., Dorms, etc.)		11.2
Housing (HFA’s, etc.)		1.8
Industrial		3.1
Miscellaneous		9.7
Pollution Control		1.5
Prerefunded		3.4
Public Facilities		0.9
Special Tax Assessment		10.1
Tax Allocation		3.0
Transportation		3.3
Utilities — Electric		1.9
Utilities — Gas		3.1
Utilities — Water and Sewer		1.4
Short-Term Investments		5.4
Other Assets and Liabilities		2.9

Total		100.0	%

Distribution by State
as of October 31, 2008


	Percentage of
State	Net Assets
Alabama		1.1	%
Arizona		1.5
California		8.8
Colorado		5.9
District of Columbia		1.6
Florida		10.1
Georgia		2.9
Idaho		0.9
Illinois		7.5
Indiana		0.2
Iowa		0.4
Kansas		0.6
Louisiana		1.6
Maryland		0.6
Michigan		8.6
Minnesota		1.6
Mississippi		0.1
Missouri		1.4
Nebraska		1.3
Nevada		1.9
New Hampshire		0.4
New Jersey		0.1
New Mexico		1.9
New York		6.2
North Carolina		0.8
Ohio		0.8
Oklahoma		0.6
Other U.S. Territories		0.3
Pennsylvania		2.6
Rhode Island		0.6
South Carolina		4.8
Tennessee		0.2
Texas		5.9
Virginia		3.0
Washington		1.4
Wisconsin		3.5
Short-Term Investments		5.4
Other Assets and Liabilities		2.9

Total		100.0	%

101

The Hartford Tax-Free New York Fund

(subadvised by Hartford Investment Management Company)

Barclays Capital 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.

Investment objective — Seeks to provide current income exempt from federal, New York State and New York City income tax.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception
Tax-Free New York A#		10/31/02		-10.70	%		1.05	%		1.70	%
Tax-Free New York A##		10/31/02		-14.72	%		0.13	%		0.93	%
Tax-Free New York B#		10/31/02		-11.38	%		0.30	%		0.96	%
Tax-Free New York B##		10/31/02		-15.66	%		-0.04	%		0.82	%
Tax-Free New York C#		10/31/02		-11.38	%		0.30	%		0.96	%
Tax-Free New York C##		10/31/02		-12.23	%		0.30	%		0.96	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
Charles Grande		Christopher Bade
Executive Vice President		Vice President

How did the Fund perform?

The Class A shares of The Hartford New York Tax-Free Fund returned -10.70%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital New York Municipal Bond Index (formerly the Lehman Brothers New York Municipal Bond Index), returned -2.25% while the average return of the Lipper New York Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund, was -7.35%.

Why did the Fund perform this way?

It was an extremely difficult year for the financial markets as the deepening credit crisis led to some extraordinary events including the failure, forced merger or government rescue of several venerable financial institutions. Underwriters and institutional and retail investors became unwilling to commit capital to investment markets, including municipal bonds, as the desire to hold cash became extreme. Credit rating downgrades of major monoline insurers and the volatile and deteriorating auction rate and variable rate markets caused further turmoil and disruption in the municipal market. These factors, coupled with bank consolidations, the takeovers of American International Group (AIG), Fannie Mae and Freddie Mac, municipal hedge fund liquidations, and mutual fund outflows led to a severe decline in demand for municipal bonds, forcing municipal bonds to cheapen and spreads to widen (i.e. short and long term interest rates moving farther apart). For the overall period, municipal credit spreads (the incremental yield an investor receives for taking on greater credit risk) widened by approximately 256 basis points for investment grade bonds and 273 basis points for high yield bonds. Yields rose across all but the short end of the municipal yield curve (i.e. municipal bonds with a shorter maturity date), with the greatest increases occurring on long-maturity issues. As a result, the curve steepened (i.e. short and long term interest rates moving farther apart) dramatically, with the yield differential between two-year and 30-year municipal bonds increasing 108 basis points to 371 basis points. Just three months prior to the start of the Fund’s fiscal year, on August 1, 2007, this yield differential stood at only 72 basis points.

In this environment, the primary contributors to the Fund’s underperformance relative (i.e. performance of the Fund as

102

measured against the benchmark) to the benchmark for the period were its greater exposure to lower rated bonds (triple-B and lower rated), which suffered from severe credit spread widening as investor risk-aversion grew, and greater exposure to the long end of the municipal yield curve (25 years and longer), which underperformed the short and intermediate portions of the curve. In response to the credit crisis, we reduced the Fund’s exposure to lower rated bonds during the period and increased holdings of more liquid, higher quality bonds (rated single-A or better) in more creditworthy, essential service sectors such as education, transportation and local general obligations, which was beneficial to returns. However, the Fund still held a comparatively lower exposure to these better performing assets than the benchmark and peer group during the period, which contributed to its relative underperformance. With regard to yield-curve positioning, we lowered the Fund’s duration (a measure of interest-rate sensitivity) at certain times during the period through the sale of long-maturity issues and purchase of short-maturity issues. This strategy helped mitigate some of the negative impact of the Fund’s exposure to the long end of the yield curve (i.e. bonds with a longer maturity date).

Conversely, the Fund’s limited exposure to issues with weaker coupon structures (zero coupon bonds and bonds with coupons below 5%) supported performance as these issues performed poorly during the reporting year. Limited exposure to the major bond insurers that were downgraded during period also helped relative performance, although the Fund did have a 5% exposure to Radian-insured bonds which were downgraded later in the year.

What is the outlook?

We expect price volatility in the municipal market to continue for the near term. We remain very cautious given the State of New York’s economic downturn and budget crisis, as well as the continued devaluation of real estate, lower revenue generation, and higher borrowing costs for New York issuers. As such, we will continue to seek to increase the Fund’s credit quality, focusing on the higher quality, more essential service sectors of the market. We also expect the municipal yield curve will continue to steepen as retail investors increase tax-advantaged holdings, driving yields lower for short maturity bonds (in conjunction with Federal Reserve action), while yields on long maturity bonds will rise due to reduced demand from institutional and non-traditional buyers (i.e. arbitrage/hedge funds). In addition, we expect future new issue supply with predominately longer maturities will put further stress on long bond yields. For these reasons, we remain very cautious with regard to purchases on the long end of the curve and whenever possible, we will focus on shorter-maturity issues in order to rein in duration and thereby reduce the portfolio’s price sensitivity.

103

The Hartford Total Return Bond Fund
(subadvised by Hartford Investment Management Company)

You cannot invest directly in an index.

Investment objective — Seeks a competitive total return, with income as a secondary objective.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Total Return Bond A#		7/22/96		-7.99	%		1.19	%		3.74	%		4.88	%
Total Return Bond A##		7/22/96		-12.13	%		0.26	%		3.26	%		4.48	%
Total Return Bond B#		7/22/96		-8.68	%		0.45	%	NA*			NA*
Total Return Bond B##		7/22/96		-13.05	%		0.13	%	NA*			NA*
Total Return Bond C#		7/22/96		-8.76	%		0.53	%		3.02	%		4.15	%
Total Return Bond C##		7/22/96		-9.63	%		0.53	%		3.02	%		4.15	%
Total Return Bond I#		7/22/96		-7.72	%		1.34	%		3.82	%		4.94	%
Total Return Bond R3#		7/22/96		-8.15	%		1.41	%		4.09	%		5.26	%
Total Return Bond R4#		7/22/96		-7.98	%		1.51	%		4.14	%		5.30	%
Total Return Bond R5#		7/22/96		-7.72	%		1.58	%		4.18	%		5.33	%
Total Return Bond Y#		7/22/96		-7.62	%		1.64	%		4.20	%		5.35	%


#		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)		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.

(2)		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.

(3)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Nasri Toutoungi
Managing Director

How did the Fund perform?

The Class A shares of The Hartford Total Return Bond Fund returned -7.99%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital U.S. Aggregate Bond Index

(formerly the Lehman Brothers U.S. Aggregate Bond Index), returned 0.30% while the average return of the Lipper Intermediate Investment Grade Funds category, a group of funds with investment strategies similar to those of the Fund, was -6.84%.

Why did the Fund perform this way?

The Fund had greater exposure to U.S. investment grade corporates and high yield coroporate debt versus the benchmark, which negatively impacted performance as the market experienced extreme turmoil and volatility that led to broad-based spread widening (i.e. short and long term interest rates moving farther apart). Within the benchmark index, only three sectors realized positive returns for the one-year reporting period. U.S. Treasury securities were the top performers, returning 7.7%, followed by U.S. Agency securities at 4.7% and mortgage-backed securities (MBS) at 4.6%. The remaining index sectors posted negative one-year total returns. Investment grade corporate credit returned -11.4%, asset-backed securities (ABS) -13%, and commercial mortgage-backed securities (CMBS) -15.2%. High yield corporate bonds and bank loans, which are represented in the Fund’s portfolio but not in the benchmark, returned -25.8% and -21.8%, respectively.

The Fund’s relative overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the financial sector, particularly securities lower in the capital structure and more subject to price volatility, detracted from relative (i.e. performance

105

of the Fund as measured against the benchmark) performance for the period. An underweight (i.e. the Fund’s sector position was less than the benchmark position) to U.S. Treasury and agency securities as well as an out-of-benchmark exposure to high yield bonds and bank loans also hindered performance as the higher-quality sector of the market outperformed the lower quality, higher yielding sector. Exposure to emerging market corporate debt also detracted, as did small exposures to home equity debt, non-agency collateralized mortgage obligations (CMOs) and subordinated CMBS.

However, the Fund’s duration (a measure of interest-rate sensitivity) and yield curve positioning was additive to relative performance as it was positioned to benefit from the decline in yields and steepening of the yield curve (i.e. short and long term interest rates moving farther apart) that occurred during the period. Tactical trading in the euro and the yen as well as exposure to German and U.K. government bonds also enhanced returns.

What is the outlook?

Distribution by Credit Quality
as of October 31, 2008


	Percentage of
	Long-Term
Rating	Holdings
AAA		61.0	%
AA		4.6
A		14.5
BBB		11.3
BB		3.7
B		1.4
CCC		0.2
Not rated		3.3

Total		100.0	%

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Basic Materials		1.4	%
Capital Goods		0.7
Consumer Cyclical		2.0
Consumer Staples		2.0
Energy		1.5
Finance		22.4
Foreign Governments		3.9
General Obligations		0.1
Health Care		1.8
Services		2.5
Technology		6.9
Transportation		0.8
U.S. Government Agencies		30.6
U.S. Government Securities		12.7
Utilities		4.3
Short-Term Investments		6.1
Other Assets and Liabilities		0.3

Total		100.0	%

Distribution by Security Type
as of October 31, 2008


	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		8.9	%
Corporate Bonds: Investment Grade		33.2
Corporate Bonds: Non-Investment Grade		2.7
Municipal Bonds		0.1
Senior Floating Rate Interests: Non-Investment Grade		5.4
U.S. Government Agencies		30.6
U.S. Government Securities		12.7
Short-Term Investments		6.1
Other Assets and Liabilities		0.3

Total		100.0	%

106

The Hartford U.S. Government Securities Fund
(subadvised by Hartford Investment Management Company)

Barclays Capital U.S. Government Bond Index is an unmanaged index of government bonds with maturities of one year or more.

You cannot invest directly in an index.

Investment objective — Seeks to provide current income while maintaining preservation of capital consistent with prudent investment risk.

Average Annual Total Returns(1,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

U.S. Govt Sec A#		2/28/73		1.31	%		2.58	%		4.06	%		7.15	%
U.S. Govt Sec A##		2/28/73		-3.25	%		1.64	%		3.58	%		7.01	%
U.S. Govt Sec B#		11/14/94		0.55	%		1.82	%	NA		*	NA		*
U.S. Govt Sec B##		11/14/94		-4.29	%		1.48	%	NA		*	NA		*
U.S. Govt Sec C#		11/14/94		0.45	%		1.81	%		3.20	%		4.57	%
U.S. Govt Sec C##		11/14/94		-0.52	%		1.81	%		3.20	%		4.57	%
U.S. Govt Sec L#		11/14/94		1.33	%		2.64	%		4.02	%		5.38	%
U.S. Govt Sec L##		11/14/94		-3.23	%		1.70	%		3.54	%		5.04	%
U.S. Govt Sec Y#		2/19/02		1.56	%		2.90	%	NA				3.63	%


#		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 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. (Classes E, M and N are no londer offered.)

(2)		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.

(3)		The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
John Hendricks	Russell M. Regenauer	Timothy Wilhide
Senior Vice President	Senior Vice President	Senior Vice President

How did the Fund perform?

The Class A shares of The Hartford U.S. Government Securities Fund returned 1.31%, before sales charge, for the twelve-month period ended October 31, 2008. In comparison, its benchmark, the Barclays Capital U.S. Government Bond Index (formerly the Lehman Brothers Intermediate Government Bond Index), returned 6.82% while the 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, was 2.11%.

Why did the Fund perform this way?

The Fund’s primary objective is to seek to provide current income while maintaining preservation of capital consistent with prudent investment risk. As such, the Fund has allocations to non-government (“spread”) sectors such as residential and commercial mortgage-backed securities, which are not represented in the benchmark Barclays Capital U.S. Government Bond Index. Over the course of the reporting period, these sectors were adversely affected by a decline in home prices, the ongoing contraction of credit in the economy, and the resulting forced selling of securities by leveraged investors no longer able to secure financing. As a result, the Fund’s holdings in the sectors were the primary contributors to its underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark.

The Fund’s yield curve positioning, however, was additive to relative performance. We positioned the Fund to benefit from the steepening of the yield curve (i.e. short and long term interest rates moving farther apart) that occurred as the Federal Reserve reduced the target federal funds rate seven times during the period as part of its aggressive efforts to combat the credit and liquidity crisis and slowing economy. These reductions, which brought the federal funds target rate to just 1% by the end of October, pushed yields lower, particularly on the short end of the yield curve (i.e. bonds with a shorter maturity date).

107

The Hartford Value Fund
(subadvised by Wellington Management Company, LLP)

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.

Investment objective — Seeks long-term total return.

Average Annual Total Returns(2,3,4) (as of 10/31/08)


	Inception		1			5			Since
	Date		Year			Year			Inception

Value A#		4/30/01		-33.00	%		2.86	%		0.53	%
Value A##		4/30/01		-36.68	%		1.71	%		-0.22	%
Value B#		4/30/01		-33.43	%		2.11	%		-0.20	%
Value B##		4/30/01		-36.60	%		1.74	%		-0.20	%
Value C#		4/30/01		-33.50	%		2.09	%		-0.21	%
Value C##		4/30/01		-34.13	%		2.09	%		-0.21	%
Value I#		4/30/01		-32.67	%		2.99	%		0.62	%
Value R3#		4/30/01		-33.14	%		2.98	%		0.72	%
Value R4#		4/30/01		-32.93	%		3.08	%		0.79	%
Value R5#		4/30/01		-32.71	%		3.21	%		0.87	%
Value Y#		4/30/01		-32.65	%		3.26	%		0.90	%


#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Class I shares commenced operations on 5/31/07. Performance prior to 5/31/07 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.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Manager
Karen H. Grimes, CFA	Ian R. Link, CFA	W. Michael Reckmeyer, III, CFA
Vice President	Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Value Fund returned -33.00%, before sales charge, for the twelve-month period ended October 31, 2008, outperforming its benchmark, the Russell 1000 Value Index, which returned -36.80% for the same period. The Fund also outperformed the -36.90% 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?

Liquidity constraints dominated the economic landscape over the last year which led the Federal Government to undertake its largest role in the markets since the Great Depression. Failures and forced mergers crippled financial services companies, while insurers faced new questions about the health of their business as well. Investors looked to shed risk at every possible opportunity, leaving markets starved for bids and providing a headwind for equities broadly.

All ten broad economic sectors of the Fund’s Russell 1000 Value Index benchmark declined sharply during the twelve-month period. On a relative basis, Consumer Staples performed the best, returning -13.5%. Small cap, mid cap and large cap stocks all declined by over 34% during the period, as measured by the Russell 2000 (-34.2%), S&P MidCap 400 (-36.5%) and S&P 500 (-36.1%) Indices, respectively. Value and growth stocks performed equally poorly during the period, as measured by the Russell 1000 Value (-36.8%) and Russell 1000 Growth (-37.0%) Indices.

The primary driver of the Fund’s outperformance relative to the benchmark was stock selection, particularly within Financials, Information Technology, and Consumer Discretionary. In addition, while the Fund’s investment strategy is driven by bottom-up (i.e. stock by stock fundamental research) fundamental research, the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in Financials and Consumer Discretionary, and an overweight (i.e. the Fund’s sector position was

109

greater than the benchmark position) position in Consumer Staples helped performance.

Among the top contributors to both benchmark-relative and absolute (i.e. total return) returns were our positions in ACE (Insurance), Occidental Petroleum (Energy) and Baxter International (Medical Equipment). ACE’s stock benefited from investors flight to safety during the period toward those companies with stable balance sheets and solid free cash flow, as well as the perception that the company would gain market share from beleaguered American International Group (AIG), one of the world’s largest insurance firms. Occidental Petroleum’s shares benefited from higher energy prices during the period. Baxter’s shares benefited from top-line growth within their international markets and from higher sales in their biotechnology drugs.

In addition, we avoided AIG (Insurance) and Citigroup (Diversified Financials) whose businesses were severely hurt due to the companies’ exposures in mortgage-related securities and liquidity constraints. Finally, we eliminated our position in Trane, a global manufacturer of commercial and residential heating, ventilation and air conditioning equipment (HVAC), in the first quarter of 2008 following Ingersoll-Rand’s announcement that they were acquiring the company, which we believed was not a wise decision.

Top detractors from performance during the period included several Financial Services stocks, which faced significant turmoil during the period resulting from heightened fear and eventually the seizure of the credit markets. This credit crisis resulted in swift and unprecedented action by the U.S. Federal government to keep the capital markets functioning. During this time, several of our financial holdings were negatively impacted, including Wells Fargo, Lloyds TSB, Bank of America and Goldman Sachs. Our underweight position in Wells Fargo during the period hurt us. We reduced our position in Wells Fargo earlier in the year following the company’s repeated write-downs from losses in its mortgage-related securities; however, investors favored the stock given its AAA-credit rating. Lloyds, a UK-based bank, declined on fears that a slowing UK economy would result in further credit losses for the company. Bank of America and Goldman Sachs were anointed by the U.S. government as chosen survivors in this credit crisis. While the two companies’ stocks were punished along with other Financial Services stocks, we believe that Bank of America’s acquisition of Merrill Lynch was a wise strategic move and that Goldman Sachs’ balance sheet and portfolio of assets are strong.

General Electric (Industrials) was the largest absolute detractor from performance. The company’s shares declined as management announced the company would miss its earnings estimates for the first quarter due to softness in the company’s real estate holdings.

We avoided Johnson and Johnson (Pharmaceuticals) and Procter and Gamble (Consumer Staples) in favor of companies which we believed have better fundamentals. However, these stocks performed better than most during the period had, which detracted from our relative returns.

What is the outlook?

Over the past year, and particularly in recent months, fear levels intensified quite sharply with good justification. There have been a number of high profile failures among critical players in the financial services arena. Systemic risk has risen substantially. The U.S. Treasury and Federal Reserve have embarked on an unprecedented series of rescue moves with little effect to date. Foreign governments have followed suit and the results remain to be seen. The credit markets are locked up. Global equities have tumbled on a much worse outlook for earnings and much higher discount rates. In the wake of these capital market events, business and consumer confidence and spending have moved lower.

Our outlook for the U.S. consumer remains bleak, and the Fund maintains its defensive posture through an overweight to Consumer Staples and underweight to Financials and Consumer Discretionary sectors. We also reduced our exposure to Energy significantly during the quarter, on worries of an accelerated global slowing.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Banks		5.9	%
Capital Goods		6.7
Commercial & Professional Services		1.2
Diversified Financials		11.2
Energy		13.4
Food & Staples Retailing		4.9
Food, Beverage & Tobacco		6.8
Health Care Equipment & Services		3.9
Household & Personal Products		1.9
Insurance		4.6
Materials		3.3
Media		2.3
Pharmaceuticals, Biotechnology & Life Sciences		6.7
Real Estate		1.0
Retailing		2.7
Semiconductors & Semiconductor Equipment		1.5
Software & Services		1.6
Technology Hardware & Equipment		5.0
Telecommunication Services		4.7
Utilities		6.9
Short-Term Investments		1.9
Other Assets and Liabilities		1.9

Total		100.0	%

110

The Hartford Value Opportunities Fund
(subadvised by Wellington Management Company, LLP)

Russell 1000 Value Index measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values.

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.

You cannot invest directly in an index.

Investment objective — Seeks capital appreciation.

Average Annual Total Returns(1,3,4) (as of 10/31/08)


	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception

Value Opp A#		1/02/96		-46.75	%		-1.95	%		1.67	%		4.48	%
Value Opp A##		1/02/96		-49.68	%		-3.05	%		1.10	%		4.02	%
Value Opp B#		1/02/96		-46.99	%		-2.61	%	NA*			NA*
Value Opp B##		1/02/96		-49.21	%		-2.89	%	NA*			NA*
Value Opp C#		1/02/96		-47.13	%		-2.65	%		0.93	%		3.72	%
Value Opp C##		1/02/96		-47.57	%		-2.65	%		0.93	%		3.72	%
Value Opp I#		2/19/02		-46.56	%		-1.80	%	NA				-0.83	%
Value Opp L#		1/02/96		-46.62	%		-1.81	%		1.74	%		4.54	%
Value Opp L##		1/02/96		-49.16	%		-2.76	%		1.25	%		4.14	%
Value Opp R3#		2/19/02		-46.87	%		-1.88	%	NA				-1.07	%
Value Opp R4#		2/19/02		-46.67	%		-1.76	%	NA				-0.97	%
Value Opp R5#		2/19/02		-46.51	%		-1.65	%	NA				-0.89	%
Value Opp Y#		2/19/02		-46.46	%		-1.55	%	NA				-0.82	%


#		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. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.

(2)		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.

(3)		The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(4)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.


Portfolio Managers
David R. Fassnacht, CFA	James N. Mordy	David W. Palmer, CFA
Senior Vice President, Partner	Senior Vice President, Partner	Vice President

How did the Fund perform?

The Class A shares of The Hartford Value Opportunities Fund returned -46.75%, before sales charge, for the twelve-month period ended October 31, 2008, underperforming its benchmark, the Russell 3000 Value Index, which returned -36.32% for the same period. The Fund also underperformed the -38.75% return of the average fund in the Lipper Multi-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?

A tide of risk aversion has swept through the equity markets on the waves of worry about access to credit, home price depreciation and falling economic activity. In this environment, the Russell 3000 Index returned -36.6% during the period, with value stocks, as measured by the Russell 3000 Value Index, slightly outperforming growth stocks, as measured by the Russell 3000 Growth Index, by a margin of 0.7%. Small cap, mid cap and large cap stocks all struggled during the period. The Russell 2000 Index, a measure of small cap stocks, returned -34.2%, the S&P 400 MidCap Index returned -36.5% and the S&P 500 Index returned -36.1%. All ten broad economic sectors within the Russell 3000 Value Index suffered steep declines, with Consumer Staples declining the least, on a relative basis.

111

The divergences in performance over the past three quarters among those stocks in the highest and those in the lowest quintiles of market cap, beta, momentum, price/book and leverage have been stark. These conditions have historically been very difficult times for our contrarian strategy, although they have also provided attractive entry points for future outperformance.

Stock selection was the primary driver of the Fund’s relative underperformance, and was particularly weak in Financials, Energy and Consumer Staples. Sector allocation, a fall-out from bottom-up (i.e. stock by stock fundamental research) stock selection, also detracted from the Fund’s performance. In particular, the Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in Information Technology and underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in Utilities and Energy hurt the Fund’s performance.

The largest detractors from both absolute (i.e. total return) and benchmark relative performance included Financials stocks Royal Bank of Scotland, Ambac and Bank of America, as well as, R.H. Donnelley (Consumer Discretionary) and Marine Harvest (Consumer Staples).

Financial Services stocks faced significant turmoil during the period resulting from heightened fear and eventually the seizure of the credit markets. This credit crisis resulted in swift and unprecedented action by the U.S. Federal government to keep the capital markets functioning. During this time, several of our financial holdings were negatively impacted. Shares of Royal Bank of Scotland struggled following news that the European economy was weaker than most investors expected. Widespread uncertainty regarding Ambac’s eventual losses from its financial guaranty contracts made this obscure municipal bond insurer a household name. The timing and execution of the company’s stock issuance was more dilutive than we expected. Yellow Pages company R.H. Donnelley’s stock price fell as investors worried about the negative impact of softer advertising sales during a recession on earnings and cash flow, given the company’s financial leverage. Norwegian fish farmer Marine Harvest ‘s shares declined due to challenges with the company’s restructuring efforts and declining salmon production within its Chilean facilities.

The largest contributors to relative performance during the period included airline stocks Delta Airlines and US Airways, U.S. coal producer Arch Coal and global insurance and reinsurance provider ACE. Delta Airlines and US Airways both benefited from lower jet fuel prices during the period and the industry’s capacity curtailment ahead of weaker demand. Arch Coal’s shares benefited from production cuts in Australia and strong international demand, leading to a favorable pricing environment during most of the period. ACE’s stock benefited from investors flight to safety during the period toward those companies with stable balance sheets and solid free cash flow.

What is the outlook?

Credit markets have frozen globally, and policy makers are scrambling to come up with measures to restore confidence in the battered financial system. A combination of more rescue packages, unconventional monetary policies by the Federal Reserve Bank and world-wide rate cuts should succeed in reviving the funding-starved credit system. Still, these measures will not prevent a global recession from unfolding. We believe the unwinding of leverage will be a multi-year event, and any recovery next year will likely be followed by a period of sub-trend growth.

Amid the turmoil, we continue to analyze and select investments for the Fund, which we believe offer outsized reward in return for the risks accepted. We believe we have positioned the Fund in companies with the liquidity to survive the crisis period and the ability to demonstrate material upside potential when economic fundamentals improve. In that context, we have emphasized technology companies — many with net cash balance sheets — cable companies, and insurers, relative to our benchmark. As prices have plummeted, we have added to certain Energy and Materials names, while reducing exposure to regional banks.

At the end of the period, the Fund was most overweight Information Technology and Industrials, and most underweight Telecommunication Services, Financials and Utilities, relative to the Russell 3000 Value Index.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.6	%
Banks		0.3
Capital Goods		6.4
Consumer Durables & Apparel		1.1
Diversified Financials		11.5
Energy		13.5
Food, Beverage & Tobacco		8.1
Health Care Equipment & Services		5.7
Household & Personal Products		0.9
Insurance		9.5
Materials		5.5
Media		6.2
Pharmaceuticals, Biotechnology & Life Sciences		7.7
Retailing		0.6
Semiconductors & Semiconductor Equipment		1.4
Software & Services		4.0
Technology Hardware & Equipment		7.2
Transportation		6.5
Utilities		1.9
Short-Term Investments		1.6
Other Assets and Liabilities		(0.2	)

Total		100.0	%

112

The Hartford Advisers Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 68.9%
		Automobiles & Components — 0.4%
	116	Honda Motor Co., Ltd.	$	2,882

		Banks — 1.8%
	153	Banco Itau Holding Financeira S.A. ADR		1,690
	1,019	National City Corp.		2,751
	17	PNC Financial Services Group, Inc.		1,120
	89	Standard Chartered plc		1,474
	823	Washington Mutual, Inc. Private Placement (A)(H)		46
	214	Wells Fargo & Co.		7,287

				14,368

		Capital Goods — 3.8%
	1,158	General Electric Co.		22,593
	141	Honeywell International, Inc.		4,290
	65	Siemens AG ADR		3,880

				30,763

		Commercial & Professional Services — 1.0%
	187	Monster Worldwide, Inc. (D)		2,657
	190	Waste Management, Inc.		5,925

				8,582

		Diversified Financials — 10.3%
	645	Bank of America Corp.		15,579
	145	Capital One Financial Corp.		5,661
	472	Discover Financial Services, Inc.		5,777
	114	Goldman Sachs Group, Inc.		10,526
	597	Invesco Ltd.		8,907
	505	JP Morgan Chase & Co.		20,815
	424	Merrill Lynch & Co., Inc.		7,882
	19	UBS AG (D)		330
	521	UBS AG ADR (D)		8,810

				84,287

		Energy — 9.0%
	160	Cameco Corp.		2,600
	50	Canadian Natural Resources Ltd. ADR		2,511
	188	Chesapeake Energy Corp.		4,137
	71	Consol Energy, Inc.		2,219
	42	EnCana Corp.		2,138
	45	EOG Resources, Inc.		3,674
	243	Exxon Mobil Corp.		17,989
	202	Hess Corp.		12,138
	273	Marathon Oil Corp.		7,936
	276	OAO Gazprom Class S ADR		5,481
	9	Occidental Petroleum Corp.		483
	72	Reliance Industries GDR (I)		4,015
	58	Schlumberger Ltd.		2,985
	85	Suncor Energy, Inc. ADR		2,036
	92	XTO Energy, Inc.		3,297

				73,639

		Food & Staples Retailing — 2.9%
	375	Safeway, Inc.		7,968
	273	Supervalu, Inc.		3,892
	202	Walgreen Co.		5,153
	121	Wal-Mart Stores, Inc.		6,758

				23,771

		Food, Beverage & Tobacco — 2.4%
	2	Japan Tobacco, Inc.		5,421
	204	PepsiCo, Inc.		11,624
	122	Unilever N.V. NY Shares ADR		2,922

				19,967

		Health Care Equipment & Services — 2.4%
	179	Medtronic, Inc.		7,231
	519	UnitedHealth Group, Inc.		12,309

				19,540

		Household & Personal Products — 0.5%
	60	Procter & Gamble Co.		3,840

		Materials — 2.6%
	480	Alcoa, Inc.		5,526
	103	ArcelorMittal ADR		2,714
	95	Cliff’s Natural Resources, Inc.		2,556
	124	Freeport-McMoRan Copper & Gold, Inc.		3,617
	30	Monsanto Co.		2,705
	45	Potash Corp. of Saskatchewan, Inc.		3,845

				20,963

		Media — 3.3%
	854	Comcast Corp. Class A		13,462
	682	Time Warner, Inc.		6,878
	332	Viacom, Inc. Class B (D)		6,716

				27,056

		Pharmaceuticals, Biotechnology & Life Sciences — 7.1%
	71	Astellas Pharma, Inc.		2,876
	87	AstraZeneca plc		3,679
	106	Daiichi Sankyo Co., Ltd.		2,167
	80	Eisai Co., Ltd.		2,609
	620	Elan Corp. plc ADR (D)(G)		4,728
	151	Eli Lilly & Co.		5,097
	156	Merck & Co., Inc.		4,828
	538	Schering-Plough Corp.		7,798
	351	Shionogi & Co., Ltd.		5,967
	95	UCB S.A.		2,423
	117	Vertex Pharmaceuticals, Inc. (D)		3,061
	397	Wyeth		12,766

				57,999

		Retailing — 3.7%
	2,225	Buck Holdings L.P. (A)(D)(H)		2,122
	233	Kohl’s Corp. (D)(G)		8,199
	401	Lowe’s Co., Inc.		8,710
	171	Nordstrom, Inc.		3,099
	419	Staples, Inc.		8,134

				30,264

		Semiconductors & Semiconductor Equipment — 3.6%
	525	Applied Materials, Inc.		6,775
	231	Lam Research Corp. (D)		5,170
	685	Maxim Integrated Products, Inc.		9,315
	396	Texas Instruments, Inc.		7,753

				29,013

		Software & Services — 4.5%
	113	Accenture Ltd. Class A		3,748
	315	Electronic Arts, Inc. (D)		7,171
	26	Google, Inc. (D)		9,272
	602	Microsoft Corp.		13,447
	224	Western Union Co.		3,421

				37,059

The accompanying notes are an integral part of these financial statements.

113

The Hartford Advisers Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Technology Hardware & Equipment — 5.6%
	110	Apple, Inc. (D)	$	11,835
	941	Cisco Systems, Inc. (D)		16,729
	609	Flextronics International Ltd. (D)		2,547
	381	NetApp, Inc. (D)		5,155
	373	Nokia Corp.		5,667
	3	Nortel Networks Corp. (D)(G)		4
	81	Research In Motion Ltd. (D)		4,085
	13	Seagate Technology		84

				46,106

		Telecommunication Services — 0.8%
	454	MetroPCS Communications, Inc. (D)(G)		6,235

		Transportation — 3.2%
	839	Delta Air Lines, Inc. (D)		9,212
	108	FedEx Corp.		7,028
	182	United Parcel Service, Inc. Class B		9,590

				25,830

		Total common stock (cost $828,209)	$	562,164



WARRANTS — 0.0%
		Banks — 0.0%
	103	Washington Mutual, Inc. Private Placement (A)(H)	$	—

		Total warrants (cost $ — )	$	—



Principal
Amount

ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 3.0%
		Finance — 3.0%
		Advanta Business Card Master Trust
$	5,000	5.30%, 05/21/2012	$	4,671
		Banc of America Commercial Mortgage, Inc.
	1,380	5.18%, 09/10/2047 (L)		1,108
		Bear Stearns Commercial Mortgage Securities, Inc.
	730	5.46%, 04/12/2038 (L)		580
		Citibank Credit Card Issuance Trust
	2,985	5.65%, 09/20/2019		2,205
		Countrywide Home Loans, Inc.
	673	5.25%, 11/25/2035 (L)		435
		Credit Suisse Mortgage Capital Certificates
	1,505	5.47%, 09/15/2039		1,135
		GSR Mortgage Loan Trust
	1,319	5.78%, 05/25/2047 (L)		906
		JP Morgan Chase Commercial Mortgage Security Corp.
	1,300	5.88%, 04/15/2045 (L)		1,032
		Marriott Vacation Club Owner Trust
	280	5.36%, 10/20/2028 (I)		263
		Morgan Stanley Capital I
	1,300	5.81%, 08/12/2041 (L)		1,030
		Nissan Automotive Lease Trust
	5,000	5.10%, 07/16/2012		4,883
		Residential Accredit Loans, Inc.
	1,752	5.23%, 02/25/2035 (L)		1,244
		Sequoia Mortgage Trust
	1,854	5.82%, 02/20/2047 (L)		1,475
		Wells Fargo Mortgage Backed Securities Trust
	1,526	4.55%, 03/25/2035 (L)		1,232
	2,109	5.54%, 04/25/2036 (L)		1,586
	989	6.03%, 09/25/2036 (L)		726

		Total asset & commercial mortgage backed securities (cost $29,736)	$	24,511



CORPORATE BONDS: INVESTMENT GRADE — 14.9%
		Capital Goods — 0.1%
		Xerox Corp.
$	1,000	5.50%, 05/15/2012	$	777

		Consumer Cyclical — 0.5%
		DaimlerChrysler NA Holdings Corp.
	1,000	5.88%, 03/15/2011		816
	1,975	6.50%, 11/15/2013		1,481
		Federated Retail Holdings, Inc.
	714	5.90%, 12/01/2016		431
		Lowe’s Co., Inc.
	1,295	6.65%, 09/15/2037		952

				3,680

		Consumer Staples — 1.3%
		Cargill, Inc.
	1,215	5.60%, 09/15/2012 (I)		1,128
		Diageo Capital plc
	1,855	4.38%, 05/03/2010		1,836
		Kraft Foods, Inc.
	1,225	6.25%, 06/01/2012		1,172
		PepsiAmericas, Inc.
	3,000	6.38%, 05/01/2009		3,004
		Procter & Gamble Co.
	2,197	9.36%, 01/01/2021		2,606
		Weyerhaeuser Co.
	800	7.38%, 03/15/2032		549

				10,295

		Energy — 0.3%
		Atmos Energy Corp.
	1,160	6.35%, 06/15/2017		923
		Weatherford International Ltd.
	2,000	5.95%, 06/15/2012		1,801

				2,724

		Finance — 8.3%
		Ace INA Holdings, Inc.
	225	5.88%, 06/15/2014		206
		American Express Centurion Bank
	2,400	6.00%, 09/13/2017		1,794
		AXA Financial, Inc.
	3,000	7.00%, 04/01/2028		2,779
		Bank of America Corp.
	3,000	5.42%, 03/15/2017		2,280
		Bank of New York Mellon Corp.
	1,360	4.95%, 11/01/2012		1,312
		Berkshire Hathaway Finance Corp.
	1,050	4.85%, 01/15/2015		991
		Brandywine Operating Partnership
	750	5.70%, 05/01/2017		437
	1,000	6.00%, 04/01/2016		647
		Capital One Bank
	750	6.50%, 06/13/2013		636
		Capital One Capital IV
	1,000	6.75%, 02/17/2037		471

The accompanying notes are an integral part of these financial statements.

114


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Finance — (continued)
		Capital One Financial Corp.
$	870	5.70%, 09/15/2011	$	766
		CIT Group, Inc.
	1,150	7.63%, 11/30/2012		672
		Citigroup, Inc.
	750	3.63%, 02/09/2009		741
	1,600	6.00%, 10/31/2033		1,084
	500	6.50%, 01/18/2011		487
		COX Communications, Inc.
	2,000	5.45%, 12/15/2014		1,698
		Credit Suisse First Boston USA, Inc.
	1,980	4.88%, 01/15/2015		1,590
		Developers Diversified Realty Corp.
	1,500	5.38%, 10/15/2012		1,121
		Discover Financial Services, Inc.
	1,245	6.45%, 06/12/2017		784
		Eaton Vance Corp.
	530	6.50%, 10/02/2017		514
		Everest Reinsurance Holdings, Inc.
	885	5.40%, 10/15/2014		682
		General Electric Capital Corp.
	1,500	6.75%, 03/15/2032		1,217
		Genworth Financial, Inc.
	1,500	6.15%, 11/15/2066		351
		Goldman Sachs Group, Inc.
	2,000	5.30%, 02/14/2012		1,817
	1,200	5.63%, 01/15/2017		879
	1,200	6.45%, 05/01/2036		772
		Health Care Properties
	2,035	6.00%, 01/30/2017		1,445
		HSBC Finance Corp.
	2,000	5.50%, 01/19/2016		1,649
		International Lease Finance Corp.
	2,200	5.00%, 09/15/2012		1,410
	1,200	5.63%, 09/15/2010		845
		Jackson National Life Insurance Co.
	2,000	8.15%, 03/15/2027 (I)		2,008
		John Deere Capital Corp.
	1,655	4.88%, 10/15/2010 (G)		1,639
		JP Morgan Chase & Co.
	1,795	5.13%, 09/15/2014		1,598
		KeyCorp Capital II
	250	6.88%, 03/17/2029		133
		Kimco Realty Corp.
	1,550	5.78%, 03/15/2016		1,106
		Liberty Mutual Group, Inc.
	2,335	5.75%, 03/15/2014 (I)		2,005
		Liberty Property L.P.
	260	6.63%, 10/01/2017		191
		Merrill Lynch & Co., Inc.
	2,000	5.00%, 02/03/2014		1,704
		Metlife, Inc.
	2,000	5.00%, 06/15/2015		1,666
		Morgan Stanley
	2,650	5.38%, 10/15/2015		2,072
		National City Corp.
	125	6.88%, 05/15/2019		93
		New England Mutual Life Insurance Co.
	3,100	7.88%, 02/15/2024 (I)		2,525
		Prologis Trust
	1,500	5.63%, 11/15/2016		819
		Prudential Financial, Inc.
	585	5.80%, 06/15/2012		559
		Prudential Funding LLC
	2,000	6.75%, 09/15/2023 (I)		1,496
		Realty Income Corp.
	965	6.75%, 08/15/2019		739
		Republic New York Capital I
	250	7.75%, 11/15/2006		225
		Santander Central Hispano Issuances Ltd.
	500	7.63%, 11/03/2009		475
		Simon Property Group L.P.
	3,100	6.10%, 05/01/2016		2,309
		Sovereign Bancorp, Inc.
	1,000	8.75%, 05/30/2018		807
		Sovereign Capital Trust IV
	1,500	7.91%, 06/13/2036		1,002
		Torchmark Corp.
	3,000	8.25%, 08/15/2009		2,973
		UnitedHealth Group, Inc.
	500	5.50%, 11/15/2012		442
		US Bank NA
	1,800	4.95%, 10/30/2014		1,703
		WEA Finance LLC
	1,000	7.13%, 04/15/2018 (I)		785
		Wells Fargo Bank NA
	4,000	6.45%, 02/01/2011		3,995
		Willis North America, Inc.
	330	5.63%, 07/15/2015		258
	580	6.20%, 03/28/2017		423

				67,827

		Health Care — 0.7%
		Becton, Dickinson & Co.
	1,250	6.70%, 08/01/2028 (G)		1,138
		CVS Corp.
	1,550	6.13%, 08/15/2016		1,297
		Schering-Plough Corp.
	2,000	5.55%, 12/01/2013		1,897
		Wyeth
	1,500	6.95%, 03/15/2011		1,535

				5,867

		Services — 0.5%
		Comcast Corp.
	1,600	5.90%, 03/15/2016		1,377
		Time Warner, Inc.
	1,105	5.50%, 11/15/2011		977
		Viacom, Inc.
	2,040	6.88%, 04/30/2036		1,424
		Wyndham Worldwide Corp.
	615	6.00%, 12/01/2016		404

				4,182

		Technology — 1.7%
		BellSouth Telecommunications
	250	7.00%, 12/01/2095		182
		Deutsche Telekom International Finance B.V.
	1,800	8.75%, 06/15/2030		1,594
		Fiserv, Inc.
	1,250	6.13%, 11/20/2012		1,101
		General Electric Co.
	3,425	5.00%, 02/01/2013		3,231
		Hewlett-Packard Co.
	560	5.25%, 03/01/2012		545
		Intuit, Inc.
	1,500	5.40%, 03/15/2012		1,354
		SBC Communications
	1,830	6.45%, 06/15/2034		1,455
		Siemens Finance
	1,500	5.75%, 10/17/2016 (I)		1,346

The accompanying notes are an integral part of these financial statements.

115

The Hartford Advisers Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Technology — (continued)
		Time Warner Cable, Inc.
$	830	5.85%, 05/01/2017	$	680
		Verizon Global Funding Corp.
	250	7.25%, 12/01/2010		249
	2,850	7.75%, 12/01/2030		2,546

				14,283

		Transportation — 0.3%
		Continental Airlines, Inc.
	755	5.98%, 04/19/2022		525
		Southwest Airlines Co.
	1,750	5.75%, 12/15/2016		1,358
	677	6.15%, 08/01/2022		541

				2,424

		Utilities — 1.2%
		Consolidated Edison Co. of NY
	955	5.30%, 12/01/2016		807
		Enel Finance International
	805	6.80%, 09/15/2037 (I)		571
		Indianapolis Power and Light
	1,500	6.60%, 06/01/2037 (I)		1,215
		Kinder Morgan Energy Partners L.P.
	1,500	6.95%, 01/15/2038		1,100
		MidAmerican Energy Co.
	1,000	5.65%, 07/15/2012		967
		MidAmerican Energy Holdings Co.
	500	6.13%, 04/01/2036		368
		Northern Border Pipeline Co.
	1,150	7.75%, 09/01/2009		1,145
		Northern States Power Co.
	1,250	6.20%, 07/01/2037		1,040
		Southern California Edison Co.
	1,750	5.55%, 01/15/2037 (G)		1,367
		Taqa Abu Dhabi National Energy Co.
	550	5.62%, 10/25/2012 (I)		460
	695	5.88%, 10/27/2016 (I)		474
		TransCanada Pipelines Ltd.
	250	6.49%, 01/21/2009		251

				9,765

		Total corporate bonds: investment grade (cost $148,335)	$	121,824



MUNICIPAL BONDS — 0.4%
		General Obligations — 0.4%
		Oregon School Boards Association, Taxable Pension
$	2,000	4.76%, 06/30/2028	$	1,649
		State of Illinois, Taxable Pension
	2,050	5.10%, 06/01/2033		1,707

		Total municipal bonds (cost $4,027)	$	3,356



U.S. GOVERNMENT AGENCIES — 2.7%
		Federal Home Loan Mortgage Corporation — 1.2%
		Mortgage Backed Securities:
$	500	5.50%, 2038	$	488
	8,546	6.50%, 2036		8,668

		Remic — Pac’s:
	116	2.50%, 2013		116

				9,272

		Federal National Mortgage Association — 0.4%
		Mortgage Backed Securities:
	115	5.00%, 2036		109
	3,196	5.50%, 2036 — 2037		3,124
	320	6.50%, 2036		324

				3,557

		Government National Mortgage Association — 1.1%
		Mortgage Backed Securities:
	2,437	5.50%, 2036 — 2037		2,394
	2,620	6.00%, 2023 — 2034		2,633
	1,856	6.50%, 2026 — 2035		1,887
	1,853	7.00%, 2031 — 2033		1,894
	386	8.00%, 2029 — 2031		411

				9,219

		Total U.S. government agencies (cost $21,908)	$	22,048



U.S. GOVERNMENT SECURITIES — 8.8%
		Other Direct Federal Obligations — 2.3%
		Federal Financing Corporation:
$	3,676	4.40%, 2013	$	3,069
	10,000	9.80%, 2018		13,274

				16,343

		Federal Home Loan Bank:
	2,225	4.88%, 2011 (G)		2,309

				18,652

		U.S. Treasury Securities — 6.5%
		U.S. Treasury Bonds:
	5,775	6.25%, 2023 (G)		6,611

		U.S. Treasury Notes:
	9,500	2.38%, 2010 (G)		9,649
	3,300	2.63%, 2009 (G)		3,322
	4,725	3.50%, 2010 (G)		4,850
	10,000	3.88%, 2018 (G)		9,984
	6,335	4.13%, 2010 (G)		6,641
	10,200	4.50%, 2017		10,627
	1,277	4.75%, 2012 (G)		1,395

				46,468

				53,079

		Total U.S. government securities (cost $68,430)	$	71,731

		Total long-term investments (cost $1,100,645)	$	805,634



SHORT-TERM INVESTMENTS — 3.7%
		Repurchase Agreements — 0.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $338, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $346)
$	338	0.25% dated 10/31/2008	$	338
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $37, collateralized by FNMA 5.50%, 2037, value of $37)
	36	0.25% dated 10/31/2008		36

The accompanying notes are an integral part of these financial statements.

116


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $1)
$	1	0.08% dated 10/31/2008			$	1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $157, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $160)
	157	0.25% dated 10/31/2008				157
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $207, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $211)
	207	0.23% dated 10/31/2008				207

						739



Shares

		Securities Purchased with Proceeds from Security Lending — 3.6%
		Cash Collateral Reinvestment Fund:
	29,343	State Street Navigator Securities Lending Prime Portfolio			$	29,343

		Total short-term investments (cost $30,082)			$	30,082

		Total investments (cost $1,130,727) (C)	102.4	%	$	835,716
		Other assets and liabilities	(2.4	)%		(19,973	)

		Total net assets	100.0	%	$	815,743


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 11.46% of total net assets at October 31, 2008.

Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $1,146,494 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	7,843
Unrealized Depreciation		(318,621	)

Net Unrealized Depreciation	$	(310,778	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $2,168, which represents 0.27% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $18,291, which represents 2.24% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis
06/2007		2,225	Buck Holdings L.P.	$	2,227
04/2008		103	Washington Mutual, Inc. Private Placement Warrants		—
04/2008		823	Washington Mutual, Inc. Private Placement		7,200


		The aggregate value of these securities at October 31, 2008 was $2,168 which represents 0.27% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Sell)	$	54	$	55		11/04/08	$	1
British Pound (Sell)		559		559		11/05/08		—
Euro (Buy)		10,564		10,482		12/03/08		82
Euro (Buy)		10,564		10,670		12/03/08		(106	)
Euro (Sell)		21,127		24,376		12/03/08		3,249
Japanese Yen (Buy)		951		968		11/04/08		(17	)
Japanese Yen (Sell)		185		187		11/06/08		2

							$	3,211


(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.

117

The Hartford Balanced Allocation Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.2%
EQUITY FUNDS — 60.5%
	4,985	The Hartford Capital Appreciation Fund, Class Y			$	125,976
	2,411	The Hartford Capital Appreciation II Fund, Class Y				21,364
	2,405	The Hartford Disciplined Equity Fund, Class Y				23,159
	2,454	The Hartford Equity Income Fund, Class Y				25,520
	248	The Hartford Fundamental Growth Fund, Class Y				1,933
	3,330	The Hartford Global Growth Fund, Class Y				37,093
	1,763	The Hartford Growth Fund, Class Y				21,207
	1,101	The Hartford Growth Opportunities Fund, Class Y				21,253
	1,988	The Hartford International Opportunities Fund, Class Y				21,117
	1,777	The Hartford International Small Company Fund, Class Y				13,501
	80	The Hartford LargeCap Growth Fund, Class Y				509
	1,128	The Hartford Select MidCap Value Fund, Class Y				7,577
	1,879	The Hartford Select SmallCap Value Fund, Class Y				13,958
	1,516	The Hartford Small Company Fund, Class Y				21,357
	8,156	The Hartford Value Fund, Class Y				72,834

		Total equity funds (cost $596,435)			$	428,358



FIXED INCOME FUNDS — 38.7%
	5,681	The Hartford Floating Rate Fund, Class Y			$	40,509
	9,226	The Hartford Income Fund, Class Y				76,301
	5,134	The Hartford Inflation Plus Fund, Class Y				50,309
	4,707	The Hartford Short Duration Fund, Class Y				43,256
	2,826	The Hartford Strategic Income Fund, Class Y				20,767
	4,608	The Hartford Total Return Bond Fund, Class Y				42,903

		Total fixed income funds (cost $325,990)			$	274,045

		Total investments in affiliated investment companies (cost $922,425)			$	702,403



EXCHANGE TRADED FUNDS — 0.6%
	8	Powershares Emerging Markets Sovereign Debt Portfolio ETF			$	136
	96	SPDR DJ Wilshire International Real Estate ETF				2,736
	35	SPDR DJ Wilshire REIT ETF				1,567

		Total investments in exchange traded funds (cost $6,904)			$	4,439

		Total investments (cost $929,329) (C)	99.8	%	$	706,842
		Other assets and liabilities	0.2	%		1,375

		Total net assets	100.0	%	$	708,217


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $930,337 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	145
Unrealized Depreciation		(223,640	)

Net Unrealized Depreciation	$	(223,495	)


(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.

118

The Hartford Balanced Income Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 44.8%
		Banks — 4.7%
	12	PNC Financial Services Group, Inc.	$	806
	22	US Bancorp		653
	16	Wells Fargo & Co.		528

				1,987

		Capital Goods — 3.7%
	5	Eaton Corp.		214
	35	General Electric Co.		687
	6	Illinois Tool Works, Inc.		210
	8	PACCAR, Inc.		225
	2	Rockwell Automation, Inc.		44
	3	Schneider Electric S.A.		199

				1,579

		Commercial & Professional Services — 0.9%
	13	Waste Management, Inc.		394

		Diversified Financials — 4.0%
	28	Bank of America Corp.		665
	6	Bank of New York Mellon Corp.		195
	21	JP Morgan Chase & Co.		845

				1,705

		Energy — 6.7%
	10	BP plc ADR		497
	15	Chevron Corp.		1,141
	10	Royal Dutch Shell plc ADR		558
	12	Total S.A. ADR		671

				2,867

		Food, Beverage & Tobacco — 3.8%
	21	Altria Group, Inc.		403
	10	ConAgra Foods, Inc.		174
	4	Diageo plc ADR		218
	4	Lorillard, Inc.		231
	9	Philip Morris International, Inc.		404
	8	Unilever N.V. NY Shares ADR		185

				1,615

		Household & Personal Products — 1.6%
	11	Kimberly-Clark Corp.		699

		Insurance — 0.4%
	7	Allstate Corp.		182

		Materials — 2.9%
	8	Dow Chemical Co.		213
	9	E.I. DuPont de Nemours & Co.		301
	9	International Paper Co.		152
	9	Packaging Corp. of America		146
	5	PPG Industries, Inc.		228
	29	Rexam plc		177

				1,217

		Pharmaceuticals, Biotechnology & Life Sciences — 3.8%
	18	Bristol-Myers Squibb Co.		366
	4	Eli Lilly & Co.		118
	7	GlaxoSmithKline plc ADR		267
	3	Merck & Co., Inc.		102
	34	Pfizer, Inc.		600
	6	Wyeth		187

				1,640

		Real Estate — 0.7%
	24	Host Hotels & Resorts, Inc.		252
	1	Kimco Realty Corp.		32

				284

		Retailing — 1.8%
	12	Genuine Parts Co.		456
	13	Home Depot, Inc.		314

				770

		Telecommunication Services — 3.7%
	32	AT&T, Inc.		861
	24	Verizon Communications, Inc.		709

				1,570

		Utilities — 6.1%
	8	American Electric Power Co., Inc.		254
	11	Consolidated Edison, Inc.		455
	13	Dominion Resources, Inc.		472
	2	Entergy Corp.		156
	18	FPL Group, Inc.		841
	6	PG&E Corp.		216
	6	SCANA Corp.		188

				2,582

		Total common stock (cost $24,277)	$	19,091



Principal
Amount

ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 2.1%
		Finance — 2.0%
		Banc of America Commercial Mortgage, Inc.
$	85	5.45%, 01/15/2049	$	63
		Carmax Automotive Owner Trust
	91	4.34%, 09/15/2010		91
		Commercial Mortgage Pass-Through Certificates
	100	5.77%, 06/10/2046 (L)		79
		Long Beach Automotive Receivables Trust
	100	5.03%, 01/15/2014		89
		Merrill Lynch Mortgage Trust
	100	5.05%, 07/12/2038		80
	100	5.61%, 05/12/2039 (L)		94
		Morgan Stanley Capital I
	100	5.23%, 09/15/2042		81
		Nissan Automotive Lease Trust
	100	5.10%, 07/16/2012		98
		PECO Energy Transition Trust
	75	6.52%, 12/31/2010		76
		PSE&G Transition Funding LLC
	100	6.45%, 03/15/2013		102

				853

		Health Care — 0.1%
		CVS Lease Pass-Through Trust
	19	6.04%, 12/10/2028 (I)		15

		Total asset & commercial mortgage backed securities (cost $970)	$	868



CORPORATE BONDS: INVESTMENT GRADE — 42.2%
		Basic Materials — 1.3%
		ArcelorMittal
$	100	6.13%, 06/01/2018 (I)		69

The accompanying notes are an integral part of these financial statements.

119

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Basic Materials — (continued)
		Commercial Metals Co.
$	70	6.50%, 07/15/2017	$	58
		Cytec Industries, Inc.
	50	6.00%, 10/01/2015		40
		Freeport-McMoRan Copper & Gold, Inc.
	45	8.38%, 04/01/2017		35
		Inco Ltd.
	30	7.20%, 09/15/2032		20
	45	7.75%, 05/15/2012		45
		International Paper Co.
	90	7.40%, 06/15/2014		76
		Lubrizol Corp.
	80	4.63%, 10/01/2009		77
		Methanex Corp.
	20	8.75%, 08/15/2012		19
		Pactiv Corp.
	20	5.88%, 07/15/2012		18
		Temple-Inland, Inc.
	40	6.63%, 01/15/2016		32
		US Steel Corp.
	30	7.00%, 02/01/2018		21
		Yara International ASA
	45	5.25%, 12/15/2014 (I)		38

				548

		Capital Goods — 0.3%
		Goodrich Corp.
	35	6.29%, 07/01/2016		32
		Xerox Corp.
	100	5.50%, 05/15/2012		78
	60	6.40%, 03/15/2016		42

				152

		Consumer Cyclical — 0.3%
		Avnet, Inc.
	50	6.63%, 09/15/2016		39
		Energy Transfer Partners
	25	6.63%, 10/15/2036		17
		SABMiller plc
	80	6.20%, 07/01/2011 (I)		81

				137

		Consumer Staples — 1.3%
		Cargill, Inc.
	95	5.60%, 09/15/2012 (I)		88
		Cia Brasileira de Bebidas
	75	8.75%, 09/15/2013		70
		Dr. Pepper Snapple Group
	100	6.82%, 05/01/2018 (I)		88
		General Mills, Inc.
	75	5.20%, 03/17/2015		65
		Kellogg Co.
	15	5.13%, 12/03/2012		14
		Kraft Foods, Inc.
	100	6.50%, 08/11/2017		88
		PepsiAmericas, Inc.
	35	4.88%, 01/15/2015		30
		Philip Morris International, Inc.
	75	5.65%, 05/16/2018		64
	55	6.38%, 05/16/2038		44
		Weyerhaeuser Co.
	10	7.38%, 03/15/2032		7

				558

		Energy — 2.0%
		AGL Capital Corp.
	35	6.38%, 07/15/2016		30
		Amerada Hess Corp.
	45	7.88%, 10/01/2029		38
		Atmos Energy Corp.
	40	6.35%, 06/15/2017		32
		Canadian National Resources Ltd.
	30	5.70%, 05/15/2017		25
		Enterprise Products Operating L.P.
	90	5.65%, 04/01/2013		80
		Panhandle Eastern Pipeline
	75	6.20%, 11/01/2017		55
		Pemex Project Funding Master Trust
	50	4.12%, 06/15/2010 (L)		47
	80	5.75%, 03/01/2018 (I)		62
	10	6.63%, 06/15/2035 (I)		8
		Petrobras International Finance Co.
	20	8.38%, 12/10/2018		19
		Transocean, Inc.
	110	6.00%, 03/15/2018		94
		TXU Electric Delivery Co.
	100	6.38%, 05/01/2012		95
		Weatherford International Ltd.
	100	6.00%, 03/15/2018		76
	65	6.50%, 08/01/2036		43
		XTO Energy, Inc.
	80	5.50%, 06/15/2018		63
	50	5.75%, 12/15/2013		44
	45	7.50%, 04/15/2012		43

				854

		Finance — 20.2%
		Ace Capital Trust II
	90	9.70%, 04/01/2030		71
		Aetna, Inc.
	20	6.50%, 09/15/2018		17
		Allied World Assurance
	50	7.50%, 08/01/2016		41
		AMB Property L.P.
	100	5.45%, 12/01/2010		100
		Ameriprise Financial, Inc.
	60	5.35%, 11/15/2010		55
	20	5.65%, 11/15/2015		15
		Avalonbay Communities, Inc.
	25	7.50%, 08/01/2009		25
		AXA S.A.
	45	8.60%, 12/15/2030		25
		BAC Capital Trust VI
	20	5.63%, 03/08/2035		13
		Bank of America Corp.
	50	4.90%, 05/01/2013		46
	220	5.25%, 12/01/2015		176
	200	5.42%, 03/15/2017		152
	125	6.00%, 09/01/2017		109
	50	7.25%, 10/15/2025		39
		Bank of New York Mellon Corp.
	55	4.50%, 04/01/2013		52
		Bear Stearns & Co., Inc.
	90	5.35%, 02/01/2012		86
	75	6.95%, 08/10/2012		74
	120	7.25%, 02/01/2018		113
		Berkley (W.R.) Corp.
	90	5.13%, 09/30/2010		90
		Berkshire Hathaway Finance Corp.
	50	5.00%, 08/15/2013 (I)		48

The accompanying notes are an integral part of these financial statements.

120


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Finance — (continued)
		Brandywine Operating Partnership
$	15	5.70%, 05/01/2017	$	9
	75	5.75%, 04/01/2012		60
		Capital One Financial Corp.
	200	6.75%, 09/15/2017		173
		Capmark Financial Group
	40	5.88%, 05/10/2012		10
	10	6.30%, 05/10/2017		2
		CIT Group, Inc.
	75	5.65%, 02/13/2017		36
	45	5.80%, 07/28/2011		26
	100	5.85%, 09/15/2016		50
		Citigroup, Inc.
	105	5.00%, 09/15/2014		83
	100	5.50%, 08/27/2012		93
	190	5.63%, 08/27/2012		165
	40	5.88%, 05/29/2037		29
	85	6.00%, 10/31/2033		58
	35	6.13%, 11/21/2017		30
	175	6.88%, 03/05/2038		145
	75	8.30%, 12/21/2057 (L)		51
		Colonial Realty L.P.
	95	6.05%, 09/01/2016		76
		Countrywide Financial Corp.
	40	5.80%, 06/07/2012		37
		COX Communications, Inc.
	10	5.88%, 12/01/2016 (I)		8
	80	6.45%, 12/01/2036 (I)		56
	90	7.13%, 10/01/2012		86
		Credit Suisse New York
	290	6.00%, 02/15/2018		223
		Deutsche Bank AG London
	100	4.88%, 05/20/2013		93
		Developers Diversified Realty Corp.
	50	5.00%, 05/03/2010		46
	50	5.38%, 10/15/2012		37
		Discover Financial Services, Inc.
	10	6.45%, 06/12/2017		6
		Duke-Weeks Realty
	50	7.75%, 11/15/2009		48
		Eaton Vance Corp.
	65	6.50%, 10/02/2017		63
		Equity One, Inc.
	65	6.00%, 09/15/2017		49
		ERAC USA Finance Co.
	125	7.00%, 10/15/2037 (I)		73
		ERP Operating L.P.
	10	4.75%, 06/15/2009		10
		ERP Operating L.P.
	40	6.95%, 03/02/2011		38
		Everest Reinsurance Holdings, Inc.
	70	5.40%, 10/15/2014		54
	50	6.60%, 05/15/2037 (L)		23
	20	8.75%, 03/15/2010		20
		Farmers Exchange Capital
	100	7.05%, 07/15/2028 (I)		67
		General Electric Capital Corp.
	100	5.40%, 09/20/2013		91
	50	5.88%, 01/14/2038		36
	90	6.15%, 08/07/2037		66
		Goldman Sachs Group, Inc.
	115	5.45%, 11/01/2012		102
	75	5.95%, 01/15/2027		46
	280	6.25%, 09/01/2017		234
	220	6.45%, 05/01/2036		141
	50	6.60%, 01/15/2012		47
	85	6.75%, 10/01/2037		55
		HBOS plc
	50	6.00%, 11/01/2033 (I)		27
		Health Care Properties
	20	5.65%, 12/15/2013		17
	80	6.00%, 01/30/2017		57
		Health Care Property Investors, Inc.
	20	6.30%, 09/15/2016		15
		Host Marriott L.P.
	15	6.75%, 06/01/2016		11
		HSBC Finance Corp.
	100	6.38%, 10/15/2011		92
	145	6.75%, 05/15/2011		137
		HSBC Holdings plc
	50	6.50%, 09/15/2037		39
	250	6.80%, 06/01/2038		206
		International Lease Finance Corp.
	100	5.63%, 09/15/2010		70
		Janus Capital Group, Inc.
	60	6.70%, 06/15/2017		38
		JP Morgan Chase & Co.
	165	5.13%, 09/15/2014		147
	50	5.88%, 03/15/2035		31
	50	6.40%, 05/15/2038		43
	220	6.75%, 02/01/2011		218
		Keycorp
	25	6.50%, 05/14/2013		22
		Kimco Realty Corp.
	30	5.78%, 03/15/2016		21
		Lazard Group
	80	6.85%, 06/15/2017		57
		Liberty Mutual Group, Inc.
	60	5.75%, 03/15/2014 (I)		52
	80	7.50%, 08/15/2036 (I)		50
		Liberty Property L.P.
	10	5.50%, 12/15/2016		7
	20	6.63%, 10/01/2017		15
	25	7.75%, 04/15/2009		25
	50	8.50%, 08/01/2010		51
		Lincoln National Corp.
	80	5.65%, 08/27/2012		76
	35	6.15%, 04/07/2036		23
		Merrill Lynch & Co., Inc.
	50	5.45%, 02/05/2013		45
	210	6.05%, 08/15/2012 — 05/16/2016		181
	100	6.22%, 09/15/2026		70
	40	6.40%, 08/28/2017		34
	45	6.88%, 04/25/2018		40
		Metlife, Inc.
	25	6.13%, 12/01/2011		24
		Mizuho Financial Group, Inc.
	100	5.79%, 04/15/2014 (I)		92
		Morgan Stanley
	465	4.75%, 04/01/2014		331
	200	5.45%, 01/09/2017		160
		National Development Co.
	115	6.37%, 06/16/2018 (I)		91
		PNC Funding Corp.
	60	5.50%, 09/28/2012		58

The accompanying notes are an integral part of these financial statements.

121

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Finance — (continued)

		Prudential Financial, Inc.
$	70	6.10%, 06/15/2017	$	56
		Realty Income Corp.
	85	6.75%, 08/15/2019		65
		Regency Centers L.P.
	30	5.25%, 08/01/2015		24
	15	5.88%, 06/15/2017		11
		Reinsurance Group of America, Inc.
	60	5.63%, 03/15/2017		49
		Rio Tinto Finance USA Ltd.
	100	5.88%, 07/15/2013		85
		Schwab Capital Trust I
	35	7.50%, 11/15/2037 (L)		24
		Simon Property Group L.P.
	50	4.88%, 08/15/2010		46
	45	5.38%, 06/01/2011		40
	100	5.63%, 08/15/2014		78
		SLM Corp.
	50	8.45%, 06/15/2018		34
		Symetra Financial Corp.
	10	6.13%, 04/01/2016 (I)		7
		Travelers Cos., Inc.
	50	5.80%, 05/15/2018		42
		Travelers Property Casualty Corp.
	10	6.38%, 03/15/2033		7
		Trustreet Properties, Inc.
	80	7.50%, 04/01/2015		80
		UBS AG Jersey Branch
	25	0.00%, 02/05/2009 — 04/09/2009 (I)(M)		26
		UFJ Finance Aruba AEC
	100	6.75%, 07/15/2013		106
		United Dominion Realty Trust, Inc.
	55	6.05%, 06/01/2013		46
		UnitedHealth Group, Inc.
	25	5.38%, 03/15/2016		19
	100	5.50%, 11/15/2012		88
	30	6.63%, 11/15/2037		21
		Unitrin, Inc.
	100	4.88%, 11/01/2010		98
	40	6.00%, 05/15/2017		33
		Wachovia Corp.
	55	4.88%, 02/15/2014		46
	50	5.50%, 05/01/2013		47
	70	5.63%, 10/15/2016		55
	130	5.75%, 02/01/2018		114
		WEA Finance LLC
	100	7.13%, 04/15/2018 (I)		79
		Wells Fargo Co.
	75	4.38%, 01/31/2013		69
		Westfield Group
	60	5.40%, 10/01/2012 (I)		52
		Willis North America, Inc.
	45	6.20%, 03/28/2017		33
		WR Berkley Corp.
	25	5.88%, 02/15/2013		25
		XL Capital Europe plc
	25	6.50%, 01/15/2012		18

				8,594


		Foreign Governments — 2.9%
		Brazil (Republic of)
$	100	6.00%, 01/17/2017	$	90
BRL	425	6.00%, 08/15/2010		184
	15	7.88%, 03/07/2015		15
	95	8.00%, 01/15/2018		95
	10	8.25%, 01/20/2034		10
EUR	20	8.50%, 09/24/2012		25
	55	8.75%, 02/04/2025		56
	50	8.88%, 10/14/2019		51
		Colombia (Republic of)
	5	10.00%, 01/23/2012		5
	15	10.38%, 01/28/2033		16
	15	10.75%, 01/15/2013		16
		Hungary Government
HUF	4,500	5.50%, 02/12/2014		17
		Peru (Republic of)
	14	6.55%, 03/14/2037		10
EUR	20	7.50%, 10/14/2014		21
	10	8.75%, 11/21/2033		9
	45	9.13%, 02/21/2012		46
	35	9.88%, 02/06/2015		36
		Russian Federation Government
	372	7.50%, 03/31/2030 (K)		326
	20	12.75%, 06/24/2028 (K)		23
		United Mexican States
	14	5.63%, 01/15/2017		12
	68	6.05%, 01/11/2040		52
	117	6.75%, 09/27/2034		97
MXP	175	7.75%, 12/14/2017		13
MXP	175	8.00%, 12/19/2013		13

				1,238

		Health Care — 1.3%
		Amerisource Bergen Corp.
	25	5.63%, 09/15/2012		23
	101	5.88%, 09/15/2015		83
		AstraZeneca plc
	45	6.45%, 09/15/2037		39
		CVS Caremark Corp.
	105	5.75%, 06/01/2017		85
	39	6.94%, 01/10/2030 (I)		33
		GlaxoSmithKline Capital, Inc.
	50	5.65%, 05/15/2018		44
	85	6.38%, 05/15/2038		72
		Laboratory Corp.
	20	5.63%, 12/15/2015		16
		Medco Health Solutions
	75	7.13%, 03/15/2018		63
		Quest Diagnostics, Inc.
	115	6.95%, 07/01/2037		82

				540

		Services — 2.1%
		AT&T Broadband Corp.
	120	8.38%, 03/15/2013		116
		CBS Corp.
	95	7.70%, 07/30/2010		89
	35	7.88%, 07/30/2030		25
		Comcast Corp.
	80	6.45%, 03/15/2037		62
	110	7.05%, 03/15/2033		91
		Electronic Data Systems Corp.
	40	7.45%, 10/15/2029		33
		News America, Inc.
	60	6.40%, 12/15/2035		45

The accompanying notes are an integral part of these financial statements.

122


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Time Warner Entertainment Co., L.P.
$	30	8.38%, 03/15/2023	$	27
		Time Warner, Inc.
	85	6.75%, 04/15/2011		79
	105	7.63%, 04/15/2031		84
		Viacom, Inc.
	50	5.75%, 04/30/2011		45
	40	6.13%, 10/05/2017		31
	65	6.25%, 04/30/2016		52
		Waste Management, Inc.
	100	6.10%, 03/15/2018		81
		Wyndham Worldwide Corp.
	10	6.00%, 12/01/2016		7
		Wynn Las Vegas LLC
	15	6.63%, 12/01/2014		11

				878

		Technology — 5.8%
		Alltel Corp.
	60	6.75%, 04/01/2028		39
		AT&T, Inc.
	30	5.10%, 09/15/2014		26
	85	5.30%, 11/15/2010		84
	140	6.15%, 09/15/2034		107
	150	6.30%, 01/15/2038		118
	110	6.50%, 09/01/2037		89
		BellSouth Corp.
	30	5.20%, 09/15/2014		26
		British Telecommunications plc
	35	8.62%, 12/15/2010 (L)		35
	90	9.12%, 12/15/2030 (L)		81
		Cingular Wireless Services, Inc.
	50	7.88%, 03/01/2011		50
	120	8.75%, 03/01/2031		112
		Comcast Cable Communications, Inc.
	20	6.75%, 01/30/2011		20
		Comcast Corp.
	50	6.40%, 05/15/2038		38
		Deutsche Telekom International Finance B.V.
	55	8.50%, 06/15/2010 (L)		54
	170	8.75%, 06/15/2030		151
		General Electric Co.
	90	5.25%, 12/06/2017		75
		IBM Corp.
	125	8.00%, 10/15/2038		130
		Lender Process Services
	15	8.13%, 07/01/2016		13
		Qwest Corp.
	10	7.63%, 06/15/2015		8
		Rogers Communications, Inc.
	100	6.80%, 08/15/2018		87
		Siemens Finance
	100	6.13%, 08/17/2026 (I)		81
		Sprint Capital Corp.
	10	6.90%, 05/01/2019		7
	50	8.38%, 03/15/2012		40
		Sprint Nextel Corp.
	12	6.00%, 12/01/2016		8
		Telecom Italia Capital
	10	5.25%, 10/01/2015		7
	180	6.20%, 07/18/2011		153
		Telefonica Europe B.V.
	115	7.75%, 09/15/2010		111
	90	8.25%, 09/15/2030		80
		Time Warner Cable, Inc.
	50	5.40%, 07/02/2012		45
	110	6.55%, 05/01/2037		84
	100	7.30%, 07/01/2038		84
		Tyco International Group S.A.
	25	6.75%, 02/15/2011		24
		Verizon Communications, Inc.
	20	6.40%, 02/15/2038		16
	30	6.90%, 04/15/2038		25
	50	8.95%, 03/01/2039		51
		Verizon Global Funding Corp.
	40	6.88%, 06/15/2012		39
	310	7.75%, 12/01/2030		277

				2,475

		Transportation — 0.3%
		American Airlines, Inc.
	28	3.86%, 07/09/2010		23
		Continental Airlines, Inc.
	20	5.98%, 04/19/2022		14
	10	6.90%, 04/19/2022		6
	44	9.80%, 04/01/2021		26
		Southwest Airlines Co.
	58	6.15%, 08/01/2022		46

				115

		Utilities — 4.4%
		American Electric Power Co., Inc.
	30	5.38%, 03/15/2010		29
		Aquila, Inc.
	45	11.88%, 07/01/2012		44
		Carolina Power & Light Co.
	15	6.30%, 04/01/2038		13
		CenterPoint Energy Resources Corp.
	25	7.75%, 02/15/2011		23
		CenterPoint Energy, Inc.
	30	6.50%, 05/01/2018		23
		Commonwealth Edison Co.
	100	5.80%, 03/15/2018		82
		DCP Midstream LLC
	100	6.75%, 09/15/2037 (I)		67
		Dominion Resources, Inc.
	231	6.25%, 06/30/2012		218
		Duke Energy Corp.
	100	5.65%, 06/15/2013		90
		Duke Energy Field Services LLC
	10	6.45%, 11/03/2036 (I)		6
		EDP Finance B.V.
	100	6.00%, 02/02/2018 (I)		80
		El Paso Natural Gas Co.
	70	5.95%, 04/15/2017		54
		Enel Finance International
	100	6.80%, 09/15/2037 (I)		71
		Exelon Generation Co. LLC
	45	6.95%, 06/15/2011		43
		ITC Midwest LLC
	40	6.15%, 01/31/2038 (I)		31
		Kinder Morgan Energy Partners L.P.
	130	6.95%, 01/15/2038		95
	50	7.30%, 08/15/2033		38
		MidAmerican Energy Holdings Co.
	85	5.00%, 02/15/2014		74
	100	5.75%, 04/01/2018		84
	30	6.13%, 04/01/2036		22
		Nevada Power Co.
	100	6.50%, 08/01/2018		84

The accompanying notes are an integral part of these financial statements.

123

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Utilities — (continued)
		NGPL Pipeco LLC
$	130	6.51%, 12/15/2012 (I)	$	121
		NiSource Finance Corp.
	10	5.25%, 09/15/2017		7
	140	6.40%, 03/15/2018		101
	60	7.88%, 11/15/2010		54
		Northern States Power Co.
	85	5.25%, 03/01/2018		76
		Ohio Power Co.
	40	5.30%, 11/01/2010		39
		Pacificorp
	50	6.35%, 07/15/2038		41
		PECO Energy Co.
	20	5.70%, 03/15/2037		15
		Progress Energy, Inc.
	50	6.85%, 04/15/2012		47
		PSEG Power LLC
	10	8.63%, 04/15/2031		8
		Taqa Abu Dhabi National
	100	6.50%, 10/27/2036 (I)		52
		Union Electric Co.
	45	6.40%, 06/15/2017		38

				1,870

		Total corporate bonds: investment grade (cost $21,968)	$	17,959



CORPORATE BONDS: NON-INVESTMENT GRADE — 6.5%
		Basic Materials — 0.4%
		Abitibi-Consolidated, Inc.
$	25	8.85%, 08/01/2030	$	5
		Blount, Inc.
	35	8.88%, 08/01/2012		30
		Hawk Corp.
	15	8.75%, 11/01/2014		15
		Koppers Holdings, Inc.
	30	8.93%, 11/15/2014		24
		Neenah Paper, Inc.
	25	7.38%, 11/15/2014		14
		Novelis, Inc.
	30	7.25%, 02/15/2015		20
		Peabody Energy Corp.
	10	6.88%, 03/15/2013		9
		RathGibson, Inc.
	20	11.25%, 02/15/2014		13
		RBS Global & Rexnord Corp.
	20	9.50%, 08/01/2014		14
		Stone Container Financing Corp.
	25	7.38%, 07/15/2014		12
		Texas Industries, Inc.
	25	7.25%, 07/15/2013		20
		Tube City IMS Corp.
	25	9.75%, 02/01/2015		14

				190

		Capital Goods — 0.1%
		Actuant Corp.
	10	6.88%, 06/15/2017		9
		L-3 Communications Corp.
	15	5.88%, 01/15/2015		12

				21

		Consumer Cyclical — 0.8%
		Accuride Corp.
	30	8.50%, 02/01/2015		12
		Alliance One International, Inc.
	10	8.50%, 05/15/2012 (H)		8
	15	11.00%, 05/15/2012		13
		Aramark Corp.
	20	8.50%, 02/01/2015		17
		D.R. Horton, Inc.
	20	6.88%, 05/01/2013		14
	70	8.00%, 02/01/2009		68
		ESCO Corp.
	30	8.63%, 12/15/2013 (I)		24
		Group 1 Automotive, Inc.
	45	8.25%, 08/15/2013		30
		IKON Office Solutions, Inc.
	30	7.75%, 09/15/2015		33
		K Hovnanian Enterprises
	40	11.50%, 05/01/2013 (I)		32
		Lazydays RV Center, Inc.
	5	11.75%, 05/15/2012		1
		Pulte Homes, Inc.
	50	7.88%, 08/01/2011		42
		TRW Automotive, Inc.
	20	7.00%, 03/15/2014 (I)		12
		United Components, Inc.
	50	9.38%, 06/15/2013 (H)		31

				337

		Consumer Staples — 0.2%
		Land O’Lakes Capital Trust
	15	7.45%, 03/15/2028 (I)		9
		Sally Holdings LLC
	10	10.50%, 11/15/2016		7
		Tyson Foods, Inc.
	90	7.35%, 04/01/2016		67

				83

		Energy — 0.4%
		Chesapeake Energy Corp.
	20	6.50%, 08/15/2017	$	15
		Delta Petroleum Corp.
	35	7.00%, 04/01/2015		17
		Encore Acquisition Co.
	25	6.00%, 07/15/2015		16
		Exco Resources, Inc.
	15	7.25%, 01/15/2011		12
		OPTI Canada, Inc.
	25	7.88%, 12/15/2014		15
		Petrohawk Energy Corp.
	15	7.88%, 06/01/2015 (I)		10
	30	9.13%, 07/15/2013		23
		Petroleos de Venezuela S.A.
	30	5.25%, 04/12/2017 (K)		12
	40	5.38%, 04/12/2027		14
		Pioneer Natural Resources Co.
	25	5.88%, 07/15/2016		18
		Range Resources Corp.
	10	6.38%, 03/15/2015		8
		Southwestern Energy Co.
	10	7.50%, 02/01/2018 (I)		8
		Williams Companies, Inc.
	25	8.75%, 03/15/2032		20

				188

The accompanying notes are an integral part of these financial statements.

124


Principal			Market
Amount (B)			Value (W)


CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Finance — 0.5%
		Ford Motor Credit Co.
$	10	5.80%, 01/12/2009	$	9
	30	7.00%, 10/01/2013		17
	65	7.38%, 10/28/2009		54
	20	8.63%, 11/01/2010		13
		Fox Acquisition Sub LLC
	15	13.38%, 07/15/2016 (I)		9
		GMAC LLC
	30	5.85%, 01/14/2009		28
		Hertz Corp.
	20	8.88%, 01/01/2014		15
		Nexstar Financial Holdings LLC
	3	11.38%, 04/01/2013		2
		Nuveen Investments, Inc.
	30	5.00%, 09/15/2010		10
		Rainbow National Services LLC
	15	8.75%, 09/01/2012 (I)		13
		Rental Service Corp.
	20	9.50%, 12/01/2014		12
		Rouse Co.
	45	5.38%, 11/26/2013		15
		United Rentals North America, Inc.
	20	6.50%, 02/15/2012		14
		Universal Hospital Services
	20	8.50%, 06/01/2015		16

				227

		Foreign Governments — 1.5%
		Argentina (Republic of)
EUR	5	1.20%, 12/31/2038		1
	5	1.33%, 12/31/2038		1
	20	7.00%, 03/28/2011 — 09/12/2013		5
	30	8.28%, 12/31/2033		8
		Brazil (Republic of)
BRL	250	10.00%, 01/01/2017		76
		Colombia (Republic of)
COP	35,000	9.85%, 06/28/2027		11
COP	50,000	12.00%, 10/22/2015		19
		Ecuador (Republic of)
	50	10.00%, 08/15/2030 (K)		15
		Indonesia (Republic of)
	35	6.75%, 03/10/2014 (I)		26
		Panama (Republic of)
	20	7.25%, 03/15/2015		19
	16	9.38%, 04/01/2029		16
		Philippines (Republic of)
	30	8.25%, 01/15/2014		29
	45	8.88%, 03/17/2015		45
	20	9.38%, 01/18/2017		20
		Turkey (Republic of)
	105	6.88%, 03/17/2036		71
	120	7.25%, 03/15/2015		99
	20	9.50%, 01/15/2014		19
		Uruguay (Republic of)
UYU	176	5.00%, 09/14/2018		5
	50	7.63%, 03/21/2036		30
	15	8.00%, 11/18/2022		10
		Venezuela (Republic of)
	70	5.75%, 02/26/2016		32
	80	7.65%, 04/21/2025		36
	30	8.50%, 10/08/2014		17
	15	9.25%, 09/15/2027		9

				619

		Health Care — 0.3%
		CV Therapeutics
	15	2.75%, 05/16/2012 (X)		10
		Elan Financial plc
	20	6.80%, 11/15/2011 (L)		13
	35	7.75%, 11/15/2011		23
		HCA, Inc.
	85	9.63%, 11/15/2016		68
		Omnicare, Inc.
	20	6.88%, 12/15/2015		15
		Rite Aid Corp.
	15	10.38%, 07/15/2016		11

				140

		Services — 0.8%
		AMC Entertainment, Inc.
	30	8.00%, 03/01/2014		21
		Bonten Media Acquisition
	15	9.00%, 06/01/2015 (I)		6
		Carriage Services, Inc.
	25	7.88%, 01/15/2015		21
		Casella Waste Systems, Inc.
	40	9.75%, 02/01/2013		35
		Clear Channel Communications, Inc.
	25	7.65%, 09/15/2010		19
		Harrah’s Operating Co., Inc.
	10	5.50%, 07/01/2010		5
	25	5.63%, 06/01/2015		4
		HSN, Inc.
	15	11.25%, 08/01/2016 (I)		12
		Indianapolis Downs
	15	11.00%, 11/01/2012 (I)		7
		Lamar Advertising Co.
	20	2.88%, 12/31/2010 (X)		14
		LIN Television Corp.
	10	6.50%, 05/15/2013		6
		Marquee Holdings, Inc.
	20	12.00%, 08/15/2014		12
		Quebecor Media, Inc.
	70	7.75%, 03/15/2016		48
		River Rock Entertainment
	10	9.75%, 11/01/2011		9
		Seneca Gaming Corp.
	50	7.25%, 05/01/2012		34
		Sensata Technologies
	10	8.00%, 05/01/2014		6
		Service Corp. International
	25	7.00%, 06/15/2017		19
		SunGard Data Systems, Inc.
	20	9.13%, 08/15/2013		17
	20	10.25%, 08/15/2015		14
		Unisys Corp.
	30	8.00%, 10/15/2012		19
		Virgin River Casino Corp.
	10	9.00%, 01/15/2012		6

				334

		Technology — 0.7%
		Bio-Rad Laboratories, Inc.
	10	6.13%, 12/15/2014		8
		Celestica, Inc.
	20	7.88%, 07/01/2011		18
		Centennial Communications Corp.
	25	10.00%, 01/01/2013		22
		Charter Communications Holdings II LLC
	25	10.25%, 09/15/2010		18

The accompanying notes are an integral part of these financial statements.

125

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)


CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)

		Technology — (continued)
		Charter Communications Operating LLC
$	50	8.00%, 04/30/2012 (I)			$	39
	20	10.88%, 09/15/2014 (I)				16
		Cricket Communications I
	30	10.00%, 07/15/2015 (I)				25
		CSC Holdings, Inc.
	45	7.63%, 07/15/2018				32
		Deluxe Corp.
	35	7.38%, 06/01/2015				26
		GCI, Inc.
	30	7.25%, 02/15/2014				24
		Mediacom Broadband LLC
	40	8.50%, 10/15/2015				30
		MetroPCS Wireless, Inc.
	30	9.25%, 11/01/2014				25
		Vangent, Inc.
	15	9.63%, 02/15/2015				9

						292

		Transportation — 0.1%
		American Rail Car Industries, Inc.
	15	7.50%, 03/01/2014				12
		Navios Maritime Holdings
	30	9.50%, 12/15/2014				25
		Ultrapetrol Bahamas Ltd.
	25	9.00%, 11/24/2014				17

						54

		Utilities — 0.7%
		AES Corp.
	15	7.75%, 10/15/2015				12
		Dynegy Holdings, Inc.
	40	8.38%, 05/01/2016				30
		Edison Mission Energy
	15	7.20%, 05/15/2019				11
	15	7.50%, 06/15/2013				13
		Energy Future Holdings
	60	10.88%, 11/01/2017 (I)				46
		Ipalco Enterprises, Inc.
	10	7.25%, 04/01/2016 (I)				8
		Kinder Morgan Finance Co.
	40	5.70%, 01/05/2016				31
		National Power Corp.
	35	7.06%, 08/23/2011 (L)				29
	35	9.88%, 03/16/2010				30
		NRG Energy, Inc.
	50	7.38%, 01/15/2017				43
		Reliant Energy, Inc.
	25	6.75%, 12/15/2014				22
		TXU Corp.
	20	5.55%, 11/15/2014				11

						286

		Total corporate bonds: non-investment grade (cost $3,833)			$	2,771

		Total long-term investments (cost $51,048)			$	40,689



SHORT-TERM INVESTMENTS — 2.7%
		Repurchase Agreements — 2.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $529, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $542)
$	529	0.25% dated 10/31/2008			$	529
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $57, collateralized by FNMA 5.50%, 2037, value of $58)
	57	0.25% dated 10/31/2008				57
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $2)
	2	0.08% dated 10/31/2008				2
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $246, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $251)
	246	0.25% dated 10/31/2008				246
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $324, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $330)
	324	0.23% dated 10/31/2008				324

		Total short-term investments (cost $1,158)			$	1,158

		Total investments (cost $52,206) (C)	98.3	%	$	41,847
		Other assets and liabilities	1.7	%		739

		Total net assets	100.0	%	$	42,586


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 17.14% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $52,426 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	57
Unrealized Depreciation		(10,636	)

Net Unrealized Depreciation	$	(10,579	)


(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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

The accompanying notes are an integral part of these financial statements.

126


		securities at October 31, 2008, was $2,021, which represents 4.75% 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 October 31, 2008, the market value of these securities amounted to $376 or 0.88% of net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(M)		The interest rate disclosed for these securities represents the effective yield on the date of acquisition.

(X)		Convertible security.

(B)		All principal amounts are in U.S. dollars unless otherwise indicated.


BRL		— Brazilian Real
COP		— Colombian Peso
EUR		— Euro
HUF		— Hungarian Forint
MXP		— Mexican Peso
UYU		— Uruguayan Peso


(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
02/2008	$	10	Alliance One International, Inc., 8.50%, 05/15/2012	$	9
10/2007 – 04/2008		50	United Components, Inc., 9.38%, 06/15/2013		49


		The aggregate value of these securities at October 31, 2008 was $39 which represents 0.09% of total net assets.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

5 Year U.S. Treasury Note

Long

Dec 2008

10 Year U.S. Treasury Note

Short

Dec 2008

U.S. Long Bond

Long

Dec 2008

(16

)


		* The number of contracts does not omit 000’s.

		Cash of $9 was pledged as initial margin deposit for open futures contracts at October 31,2008.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Brazilian Real (Buy)	$	8	$	8		12/17/08	$	—
Brazilian Real (Buy)		45		51		12/17/08		(6	)
Brazilian Real (Sell)		308		390		12/17/08		82
Brazilian Real (Sell)		14		14		12/17/08		—
Brazilian Real (Buy)		2		2		03/18/09		—
Chinese Renminbi (Buy)		31		32		09/21/09		(1	)
Chinese Renminbi (Sell)		31		31		09/21/09		—
Colombian Peso (Buy)		35		36		11/21/08		(1	)
Colombian Peso (Sell)		66		69		11/21/08		3
Euro (Buy)		37		40		12/17/08		(3	)
Euro (Sell)		71		79		12/17/08		8
Euro (Sell)		19		19		03/18/09		—
Euro (Sell)		13		13		03/18/09		—
Hungarian Forint (Buy)		18		18		11/04/08		—
Indonesian Rupiah (Buy)		12		16		07/16/09		(4	)
Indonesian Rupiah (Sell)		12		15		07/16/09		3
Malaysian Ringgit (Buy)		47		48		12/17/08		(1	)
Malaysian Ringgit (Sell)		47		48		12/17/08		1
Mexican Peso (Sell)		26		32		12/17/08		6
Peruvian New Sol (Buy)		5		5		12/17/08		—
Peruvian New Sol (Buy)		18		19		12/17/08		(1	)
Peruvian New Sol (Sell)		23		24		12/17/08		1
Peruvian New Sol (Buy)		5		5		03/18/09		—
Peruvian New Sol (Sell)		5		5		03/18/09		—
Republic of Korea Won (Buy)		13		14		07/01/09		(1	)
Republic of Korea Won (Sell)		13		16		07/01/09		3
Russian Ruble (Buy)		26		25		12/17/08		1
Russian Ruble (Sell)		26		27		12/17/08		1

							$	91


(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.

127

The Hartford Capital Appreciation Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 92.1%
		Automobiles & Components — 1.9%
	71,782	Ford Motor Co. (D)	$	157,202
	2,116	Michelin (C.G.D.E.) Class B		108,934

				266,136

		Banks — 2.2%
	370	Comerica, Inc.		10,204
	830	HDFC Bank Ltd.		54,448
	5,302	Mitsubishi UFJ Financial Group, Inc.		33,317
	7,810	Standard Chartered plc		129,078
	2,203	Wells Fargo & Co.		75,005

				302,052

		Capital Goods — 11.1%
	7,056	Boeing Co.		368,801
	120	Chicago Bridge & Iron Co. N.V.		1,483
	1,750	Deere & Co.		67,480
	32,614	General Electric Co.		636,301
	9,000	Hansen Transmissions (D)		15,098
	6,878	Raytheon Co.		351,525
	3,000	Suntech Power Holdings Co., Ltd. ADR (D)		52,500
	1,514	Vestas Wind Systems A/S (D)		62,016

				1,555,204

		Commercial & Professional Services — 0.3%
	2,803	Monster Worldwide, Inc. (D)		39,920

		Consumer Durables & Apparel — 1.0%
	3,292	Liz Claiborne, Inc.		26,827
	8,675	Newell Rubbermaid, Inc.		119,280

				146,107

		Consumer Services — 0.3%
	31,349	Shangri-La Asia Ltd.		44,385
		Diversified Financials — 8.6%
	1,858	African Bank Investments Ltd.		5,094
	13,638	Bank of America Corp.		329,640
	807	Deutsche Boerse AG		63,418
	3,600	European Capital Ltd.		8,258
	2,725	Excel Medical Fund L.P. (A)(D)(H)		2,453
	3,550	Goldman Sachs Group, Inc.		328,417
	3,973	Julius Baer Holding Ltd.		155,379
	6,556	Morgan Stanley		114,535
	2,854	Nasdaq Stock Market, Inc. (D)		92,637
	6,303	UBS AG ADR (D)		106,514

				1,206,345

		Energy — 10.0%
	9,554	Acergy S.A.		64,610
	3,133	Arch Coal, Inc.		67,073
	4,487	Cameco Corp.		72,779
	2,994	Consol Energy, Inc.		93,985
	1,661	EnCana Corp.		84,564
	523	EOG Resources, Inc.		42,345
	13,835	Halliburton Co.		273,791
	988	Hess Corp.		59,494
	5,229	OAO Gazprom Class S ADR		103,910
	3,080	Occidental Petroleum Corp.		171,063
	3,749	OMV AG		119,995
	5,405	Weatherford International Ltd. (D)		91,231
	4,301	XTO Energy, Inc.		154,614

				1,399,454

		Food & Staples Retailing — 0.2%
	2,000	Whole Foods Market, Inc. (G)		21,440

		Food, Beverage & Tobacco — 2.6%
	4,708	Archer Daniels Midland Co.		97,587
	785	Carlsberg A/S Class B		30,918
	4,579	Cosan Ltd. (D)		12,271
	3,826	Cosan S.A. Industria E Comercio (D)		18,861
	5,138	Nestle S.A.		199,799

				359,436

		Health Care Equipment & Services — 5.5%
	4,310	Boston Scientific Corp. (D)		38,916
	1,000	Cardinal Health, Inc.		38,200
	2,918	McKesson Corp.		107,357
	6,132	Medtronic, Inc.		247,320
	14,229	UnitedHealth Group, Inc.		337,658

				769,451

		Household & Personal Products — 0.1%
	3,893	Bare Escentuals, Inc. (D)		16,271

		Insurance — 5.5%
	11,077	ACE Ltd.		635,400
	788	Allianz SE		57,852
	275	Metlife, Inc. (D)		9,142
	509	Muenchener Rueckversicherungs- Gesellschaft AG		67,436

				769,830

		Materials — 7.0%
	3,000	Alcoa, Inc.		34,530
	3,646	Aracruz Celulose S.A. ADR		48,493
	1,000	BHP Billiton Ltd. ADR		38,880
	1,014	Cliff’s Natural Resources, Inc.		27,357
	6,000	Companhia Vale do Rio Doce ADR		78,720
	999	Freeport-McMoRan Copper & Gold, Inc.		29,074
	1,440	Monsanto Co.		128,122
	1,439	Potash Corp. of Saskatchewan, Inc.		122,647
	3,676	Praxair, Inc.		239,521
	981	United States Steel Corp.		36,178
	13,798	Vedanta Resources plc		191,090

				974,612

		Media — 3.1%
	16,775	News Corp. Class A		178,482
	25	The Weinstein Co. Holdings Class A-1 (A)(D)(H)		7,144
	1,339	Viacom, Inc. Class B (D)		27,065
	8,710	Walt Disney Co.		225,597

				438,288

		Pharmaceuticals, Biotechnology & Life Sciences — 9.2%
	2,836	Amgen, Inc. (D)		169,836
	1,928	AstraZeneca plc		81,719
	2,617	Roche Holding AG		400,171
	22,166	Schering-Plough Corp.		321,184
	7,531	Teva Pharmaceutical Industries Ltd. ADR		322,920

				1,295,830

		Real Estate — 0.4%
	3,254	Brookfield Asset Management, Inc.		58,661
	2,618	Eurocastle Investment Ltd.		1,380

				60,041

The accompanying notes are an integral part of these financial statements.

128


					Market
Shares					Value (W)

COMMON STOCK — (continued)
		Retailing — 4.1%
	36,752	Buck Holdings L.P. (A)(D)(H)			$	35,058
	1,708	Priceline.com, Inc. (D)				89,881
	19,318	Staples, Inc.				375,355
	2,724	TJX Cos., Inc.				72,889

						573,183

		Semiconductors & Semiconductor Equipment — 1.2%
	10,083	Broadcom Corp. Class A (D)				172,212

		Software & Services — 5.7%
	1,492	Amdocs Ltd. (D)				33,657
	630	Google, Inc. (D)				226,469
	733	Mastercard, Inc.				108,352
	3,500	McAfee, Inc. (D)				113,925
	8,785	Oracle Corp. (D)				160,669
	1,388	Visa, Inc.				76,820
	4,784	Western Union Co.				73,006

						792,898

		Technology Hardware & Equipment — 9.1%
	591	Apple, Inc. (D)				63,597
	16,157	Cisco Systems, Inc. (D)				287,108
	4,000	EMC Corp. (D)				47,120
	4,817	Hewlett-Packard Co.				184,379
	68,158	Hon Hai Precision Industry Co., Ltd.				164,513
	3,402	International Business Machines Corp.				316,265
	3,163	Qualcomm, Inc.				121,016
	1,949	Research In Motion Ltd. (D)				98,283

						1,282,281

		Telecommunication Services — 2.3%
	10,264	AT&T, Inc.				274,762
	688	Mobile Telesystems OJSC ADR				26,947
	770	Orascom Telecom Holding SAE GDR (G)				23,865

						325,574

		Transportation — 0.7%
	1,000	Burlington Northern Santa Fe Corp.				89,060
	35,722	Shun Tak Holdings Ltd.				7,120

						96,180

		Total common stock (cost $18,693,278)			$	12,907,130



WARRANTS — 0.2%
		Materials — 0.2%
	6,598	TATA Steel Ltd. (H)			$	27,986

		Utilities — 0.0%
	3,861	Suzlon Energy Ltd. (H)				3,466

		Total warrants (cost $118,351)			$	31,452



Principal
Amount

CORPORATE BONDS: INVESTMENT GRADE — 0.9%
		Finance — 0.9%
		MBIA Insurance Co.
$	95,840	14.00%, 01/15/2033 (I)(L)			$	51,753
		Morgan Stanley
	76,875	4.75%, 04/01/2014				54,676
		UBS Luxembourg S.A.
	23,500	6.23%, 02/11/2015				15,980

		Total corporate bonds: investment grade (cost $171,137)			$	122,409

		Total long-term investments (cost $18,982,766)			$	13,060,991



SHORT-TERM INVESTMENTS — 7.2%
		Repurchase Agreements — 7.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $457,703, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $468,482)
$	457,693	0.25% dated 10/31/2008			$	457,693
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $49,584, collateralized by FNMA 5.50%, 2037, value of $50,575)
	49,583	0.25% dated 10/31/2008				49,583
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,991, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $2,033)
	1,991	0.08% dated 10/31/2008				1,991
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $212,505, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $216,750)
	212,501	0.25% dated 10/31/2008				212,501
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $280,070, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $285,668)
	280,065	0.23% dated 10/31/2008				280,065

						1,001,833



Shares

		Securities Purchased with Proceeds from Security Lending — 0.1%
		Cash Collateral Reinvestment Fund:
	10,520	Goldman Sachs FS Prime Obligation/Institutional Fund				10,520

		Total short-term investments (cost $1,012,353)			$	1,012,353

		Total investments (cost $19,995,119) (C)	100.4	%	$	14,073,344
		Other assets and liabilities	(0.4	)%		(57,607	)

		Total net assets	100.0	%	$	14,015,737

The accompanying notes are an integral part of these financial statements.

129

The Hartford Capital Appreciation Fund

Schedule of Investments — (continued)
October 31, 2008
(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 24.15% of total net assets at October 31, 2008. Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $20,066,881 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	253,521
Unrealized Depreciation		(6,247,058	)

Net Unrealized Depreciation	$	(5,993,537	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $44,655, which represents 0.32% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $51,753, which represents 0.37% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis
06/2007		36,752	Buck Holdings L.P.	$	36,791
03/2008 – 09/2008		2,725	Excel Medical Fund L.P.		2,725
10/2005		25	The Weinstein Co. Holdings Class A-1		23,636
09/2008		3,861	Suzlon Energy Ltd. - 144A		16,949
07/2007 – 02/2008		6,598	TATA Steel Ltd. - 144A		101,402


		The aggregate value of these securities at October 31, 2008 was $76,107 which represents 0.54% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Canadian Dollar (Sell)	$	12,394	$	12,439		11/04/08	$	45
Canadian Dollar (Sell)		18,504		18,387		11/05/08		(117	)
Euro (Buy)		64,871		64,894		11/04/08		(23	)
Euro (Sell)		4		4		11/04/08		—
Euro (Sell)		763,510		862,342		12/19/08		98,832
Japanese Yen (Sell)		29,855		29,825		11/05/08		(30	)

							$	98,707


(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.

130

The Hartford Capital Appreciation II Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 96.0%
		Automobiles & Components — 0.6%
	55	Denso Corp.	$	1,070
	1,065	Ford Motor Co. (D)		2,333
	24	Honda Motor Co., Ltd. ADR		589
	259	TRW Automotive Holdings Corp. (D)		1,637

				5,629

		Banks — 1.6%
	351	Banco Espirito Santo S.A.		3,343
	24	BNP Paribas		1,741
	3,536	Chang Hwa Commercial Bank		1,355
	231	HSBC Holding plc		2,734
	294	Mitsubishi UFJ Financial Group, Inc. ADR		1,842
	49	National City Corp.		133
	1	PNC Financial Services Group, Inc.		67
	761	Royal Bank of Scotland Group plc		839
	9	Standard Chartered plc		152
	—	Sumitomo Mitsui Financial Group, Inc.		1,419
	33	Wells Fargo & Co.		1,133

				14,758

		Capital Goods — 9.5%
	522	Aecom Technology Corp. (D)		9,203
	36	Alliant Techsystems, Inc. (D)		2,996
	76	Boeing Co.		3,959
	1	Chicago Bridge & Iron Co. N.V.		15
	49	Danaher Corp.		2,879
	106	Deere & Co.		4,092
	3	Energy Conversion Devices, Inc. (D)		106
	2	First Solar, Inc. (D)		324
	97	Flowserve Corp.		5,520
	1,332	General Electric Co.		25,993
	125	Genesis Lease Ltd. ADR		689
	130	Hansen Transmissions (D)		218
	16	Hexcel Corp. (D)		206
	88	Honeywell International, Inc.		2,684
	219	Lockheed Martin Corp.		18,663
	336	Manitowoc Co., Inc.		3,306
	17	Mitsui & Co., Ltd.		167
	8	Pall Corp.		208
	93	Raytheon Co.		4,774
	4	Siemens AG		218
	3	Sunpower Corp. Class A (D)		118
	17	Sunpower Corp. Class B (D)		489
	4	Suntech Power Holdings Co., Ltd. ADR (D)		62
	5	Vestas Wind Systems A/S (D)		204
	105	Wolseley plc		573

				87,666

		Commercial & Professional Services — 0.1%
	25	Monster Worldwide, Inc. (D)		353
	15	Republic Services, Inc.		345

				698

		Consumer Durables & Apparel — 1.6%
	15	Carter’s, Inc. (D)		308
	589	Jarden Corp. (D)		10,476
	91	MDC Holdings, Inc.		3,067
	14	NIKE, Inc. Class B		827

				14,678

		Consumer Services — 0.6%
	30	Burger King Holdings, Inc.		598
	11	Ctrip.Com International Ltd. ADR		347
	7	ITT Educational Services, Inc. (D)		622
	5	Las Vegas Sands Corp. (D)		68
	14	Orascom Development Holding AG (D)		414
	1,881	Shangri-La Asia Ltd.		2,663
	4	Strayer Education, Inc.		876

				5,588

		Diversified Financials — 7.8%
	42	American Express Co.		1,156
	108	Ameriprise Financial, Inc.		2,326
	518	Bank of America Corp.		12,532
	692	BM & F Bovespa S.A.		1,838
	85	Capital One Financial Corp.		3,333
	404	CIT Group, Inc.		1,674
	60	Deutsche Boerse AG		4,688
	113	Goldman Sachs Group, Inc.		10,450
	90	Invesco Ltd.		1,339
	125	JP Morgan Chase & Co.		5,144
	92	Julius Baer Holding Ltd.		3,611
	13	Merrill Lynch & Co., Inc.		246
	215	Morgan Stanley		3,760
	14	MSCI, Inc. (D)		233
	9	Nasdaq Stock Market, Inc. (D)		289
	170	Oaktree Capital (D)(I)		3,527
	305	PennantPark Investment Corp.		1,394
	138	Polaris Acquisition Corp. (D)		1,207
	213	TD Ameritrade Holding Corp. (D)		2,829
	351	UBS AG (D)		5,962
	273	UBS AG ADR (D)		4,613

				72,151

		Energy — 9.1%
	23	Arch Coal, Inc.		488
	80	Baker Hughes, Inc.		2,793
	14	BPZ Resources, Inc. (D)		136
	6,234	Bumi Resources TBK PT (A)(H)		1,120
	61	Cameco Corp.		984
	85	Canadian Natural Resources Ltd.		4,269
	81	Canadian Natural Resources Ltd. ADR		4,076
	10	Chesapeake Energy Corp.		228
	3	Chevron Corp.		231
	92	Consol Energy, Inc.		2,876
	7	Dril-Quip, Inc. (D)		165
	15	EnCana Corp.		775
	59	EOG Resources, Inc.		4,812
	40	Exxon Mobil Corp.		2,928
	6	Forest Oil Corp. (D)		167
	127	Halliburton Co.		2,520
	80	Hess Corp.		4,808
	331	Karoon Gas Australia Ltd. (D)		475
	91	Lundin Petroleum Ab (D)		435
	68	Marathon Oil Corp.		1,980
	8	Massey Energy Co.		190
	22	McMoRan Exploration Co. (D)		305
	22	National Oilwell Varco, Inc. (D)		649
	249	Newfield Exploration Co. (D)		5,727
	117	Noble Energy, Inc.		6,042
	264	OAO Gazprom Class S ADR		5,239
	46	Occidental Petroleum Corp.		2,577
	37	Petroleo Brasileiro S.A. ADR		1,003

The accompanying notes are an integral part of these financial statements.

131

The Hartford Capital Appreciation II Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Energy — (continued)
	97	SBM Offshore N.V.	$	1,715
	33	Schlumberger Ltd.		1,700
	8	Suncor Energy, Inc. ADR		196
	267	Talisman Energy, Inc.		2,687
	21	Total S.A.		1,149
	94	Total S.A. ADR		5,192
	1	Transocean, Inc.		69
	659	USEC, Inc. (D)(G)		2,723
	46	Weatherford International Ltd. (D)		780
	12	Whiting Petroleum Corp. (D)		629
	260	XTO Energy, Inc.		9,337

				84,175

		Food & Staples Retailing — 0.1%
	35	Sysco Corp.		925

		Food, Beverage & Tobacco — 5.2%
	24	Anheuser-Busch Cos., Inc.		1,485
	2,884	Chaoda Modern Agriculture		2,032
	98	Cosan Ltd. (D)		263
	231	Dean Foods Co. (D)		5,058
	16	General Mills, Inc.		1,116
	51	Groupe Danone		2,851
	252	Imperial Tobacco Group plc		6,761
	1	Japan Tobacco, Inc.		3,824
	7,944	Marine Harvest (D)(G)		1,283
	51	Molson Coors Brewing Co.		1,917
	181	Nestle S.A.		7,047
	19	Nestle S.A. ADR		729
	38	Philip Morris International, Inc.		1,648
	169	SABMiller plc		2,682
	228	Smithfield Foods, Inc. (D)		2,401
	277	Unilever N.V. NY Shares ADR		6,672

				47,769

		Health Care Equipment & Services — 8.2%
	17	Baxter International, Inc.		1,043
	9	Beckman Coulter, Inc.		429
	42	Becton, Dickinson & Co.		2,880
	29	Cardinal Health, Inc.		1,121
	235	Covidien Ltd.		10,408
	43	HealthSouth Corp. (D)		542
	171	Humana, Inc. (D)		5,063
	330	McKesson Corp.		12,147
	429	Medtronic, Inc.		17,316
	5	Psychiatric Solutions, Inc. (D)		154
	13	St. Jude Medical, Inc. (D)		494
	559	UnitedHealth Group, Inc.		13,267
	227	Varian Medical Systems, Inc. (D)		10,314

				75,178

		Household & Personal Products — 0.8%
	98	Avon Products, Inc.		2,428
	247	Bare Escentuals, Inc. (D)		1,031
	15	Clorox Co.		906
	41	L’Oreal S.A.		3,134

				7,499

		Insurance — 5.5%
	293	ACE Ltd.		16,802
	5	Assurant, Inc.		134
	87	Everest Re Group Ltd.		6,533
	126	Fidelity National Financial, Inc.		1,135
	82	First American Financial Corp.		1,672
	448	Marsh & McLennan Cos., Inc.		13,140
	1	Metlife, Inc. (D)		30
	35	Muenchener Rueckversicherungs- Gesellschaft AG		4,699
	18	PartnerRe Ltd.		1,232
	88	Platinum Underwriters Holdings Ltd.		2,799
	73	Reinsurance Group of America, Inc.		2,718

				50,894

		Materials — 4.7%
	23	Agrium, Inc.		866
	120	Alcoa, Inc.		1,381
	11	Aracruz Celulose S.A. ADR		145
	14	ArcelorMittal ADR		368
	16	BHP Billiton Ltd.		314
	33	BHP Billiton Ltd. ADR		1,301
	205	BHP Billiton plc		3,475
	45	Celanese Corp.		623
	33	Cliff’s Natural Resources, Inc.		891
	168	Companhia Vale do Rio Doce ADR		2,210
	99	CRH plc		2,172
	208	FMC Corp.		9,036
	60	Freeport-McMoRan Copper & Gold, Inc.		1,750
	60	Impala Platinum Holdings Ltd.		624
	277	Makhteshim-Agan Industries Ltd.		1,050
	14	Monsanto Co.		1,260
	27	Mosaic Co.		1,048
	17	Nucor Corp.		670
	183	Owens-Illinois, Inc. (D)		4,176
	41	Potash Corp. of Saskatchewan, Inc.		3,466
	187	Rexam plc		1,127
	9	Sealed Air Corp.		147
	300	Smurfit-Stone Container Corp. (D)		405
	36	Syngenta AG ADR		1,349
	28	Teck Cominco Ltd. Class B		274
	20	United States Steel Corp.		737
	978	Uranium One, Inc. (D)		828
	115	Vedanta Resources plc		1,589

				43,282

		Media — 2.4%
	376	Comcast Corp. Class A		5,932
	307	Comcast Corp. Special Class A		4,730
	14	DreamWorks Animation SKG, Inc. (D)		396
	201	Focus Media Holding Ltd. ADR (D)		3,732
	7	Marvel Entertainment, Inc. (D)		227
	232	News Corp. Class A		2,463
	250	R.H. Donnelley Corp. (D)		213
	72	Viacom, Inc. Class B (D)		1,462
	371	Virgin Media, Inc.		2,137
	37	Walt Disney Co.		961

				22,253

		Pharmaceuticals, Biotechnology & Life Sciences — 13.4%
	257	Abbott Laboratories		14,167
	7	Alexion Pharmaceuticals, Inc. (D)		285
	184	Alkermes, Inc. (D)		1,820

The accompanying notes are an integral part of these financial statements.

132


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Pharmaceuticals, Biotechnology & Life Sciences — (continued)
	188	Amgen, Inc. (D)	$	11,262
	88	Amylin Pharmaceuticals, Inc. (D)		899
	18	Auxilium Pharmaceuticals, Inc. (D)		352
	14	Celgene Corp. (D)		900
	160	Cephalon, Inc. (D)		11,446
	12	Charles River Laboratories International, Inc. (D)		415
	35	Cubist Pharmaceuticals, Inc. (D)		900
	106	Elan Corp. plc ADR (D)		806
	27	Eli Lilly & Co.		929
	53	Genentech, Inc. (D)		4,378
	78	Genzyme Corp. (D)		5,693
	25	Gilead Sciences, Inc. (D)		1,150
	232	Impax Laboratories, Inc. (A)(D)(H)		1,855
	46	Johnson & Johnson		2,816
	20	Myriad Genetics, Inc. (D)		1,232
	116	Novavax, Inc. (D)		260
	26	Novavax, Inc. Private Placement		60
	320	Pharmaceutical Product Development, Inc.		9,911
	53	Roche Holding AG		8,149
	1,640	Schering-Plough Corp.		23,769
	45	Sequenom, Inc. (D)		819
	6	Shionogi & Co., Ltd.		107
	280	Teva Pharmaceutical Industries Ltd. ADR		12,005
	6	UCB S.A.		147
	227	Wyeth		7,311

				123,843

		Real Estate — 0.3%
	128	British Land Co. plc		1,275
	75	Brookfield Asset Management, Inc.		1,352
	—	Eurocastle Investment Ltd.		—

				2,627

		Retailing — 2.1%
	12	Aeropostale, Inc. (D)		283
	12	Best Buy Co., Inc.		308
	16	Big Lots, Inc. (D)		396
	1,405	Buck Holdings L.P. (A)(D)(H)		1,340
	28	Dick’s Sporting Goods, Inc. (D)		432
	8	Gap, Inc.		101
	65	Home Depot, Inc.		1,536
	22	OfficeMax, Inc.		179
	732	Staples, Inc.		14,228

				18,803

		Semiconductors & Semiconductor Equipment — 1.0%
	4	Applied Materials, Inc.		50
	29	Atheros Communications, Inc. (D)		515
	12	Cavium Networks, Inc. (D)		153
	197	Lam Research Corp. (D)		4,396
	26	Marvell Technology Group Ltd. (D)		182
	7	Maxim Integrated Products, Inc.		99
	186	Varian Semiconductor Equipment Associates, Inc. (D)		3,646

				9,041

		Software & Services — 9.2%
	40	Accenture Ltd. Class A		1,306
	697	Ariba, Inc. (D)		7,459
	40	Automatic Data Processing, Inc.		1,399
	34	Autonomy Corp. plc (D)		536
	247	BMC Software, Inc. (D)		6,378
	112	CACI International, Inc. Class A (D)		4,624
	8	Concur Technologies, Inc. (D)		193
	254	Electronic Arts, Inc. (D)		5,781
	9	Equinix, Inc. (D)		592
	6	Google, Inc. (D)		2,199
	8	Mastercard, Inc.		1,200
	300	McAfee, Inc. (D)		9,766
	490	Microsoft Corp.		10,946
	14	Netease.com, Inc. (D)		313
	26	Nintendo Co., Ltd.		8,261
	165	Oracle Corp. (D)		3,016
	533	Red Hat, Inc. (D)		7,096
	67	SAP AG		2,335
	182	Visa, Inc.		10,101
	84	Western Union Co.		1,281

				84,782

		Technology Hardware & Equipment — 6.4%
	67	Apple, Inc. (D)		7,204
	136	Arrow Electronics, Inc. (D)		2,380
	42	Canon, Inc.		1,473
	575	Cisco Systems, Inc. (D)		10,214
	348	Corning, Inc.		3,773
	510	Flextronics International Ltd. (D)		2,130
	348	FLIR Systems, Inc. (D)		11,175
	44	International Business Machines Corp.		4,054
	9	Itron, Inc. (D)		422
	361	JDS Uniphase Corp. (D)		1,969
	17	NCR Corp. (D)		318
	13	Nice Systems Ltd. (D)		301
	113	Nokia Oyj		1,732
	26	Qualcomm, Inc.		991
	171	Research In Motion Ltd. (D)		8,647
	212	Seagate Technology		1,436
	59	Solar Cayman Ltd. (A)(D)(H)		754

				58,973

		Telecommunication Services — 2.0%
	141	AT&T, Inc.		3,776
	825	MetroPCS Communications, Inc. (D)		11,341
	1,740	Vodafone Group plc		3,348

				18,465

		Transportation — 3.0%
	9	Burlington Northern Santa Fe Corp.		811
	26	C.H. Robinson Worldwide, Inc.		1,351
	25	CSX Corp.		1,127
	1,067	Delta Air Lines, Inc. (D)		11,712
	555	JetBlue Airways Corp. (D)		3,082
	48	Ryanair Holdings plc ADR (D)		1,058
	233	Singapore Airlines Ltd.		1,785
	77	United Parcel Service, Inc. Class B		4,062
	277	US Airways Group, Inc. (D)		2,809

				27,797

		Utilities — 0.8%
	29	Exelon Corp.		1,578
	60	Northeast Utilities		1,358
	95	Progress Energy, Inc.		3,744

The accompanying notes are an integral part of these financial statements.

133

The Hartford Capital Appreciation II Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)

COMMON STOCK — (continued)

		Utilities — (continued)
	35	UGI Corp.			$	831

						7,511

		Total common stock (cost $1,233,477)			$	884,985



WARRANTS — 0.0%
		Materials — 0.0%
	63	TATA Steel Ltd. (H)			$	269

		Pharmaceuticals, Biotechnology & Life Sciences — 0.0%
	13	Novavax, Inc. (H)				—

		Utilities — 0.0%
	19	Suzlon Energy Ltd. (D)(H)				17

		Total warrants (cost $1,043)			$	286



EXCHANGE TRADED FUNDS — 0.2%
		Diversified Financials — 0.2%
	75	iShares MSCI Emerging Markets Index Fund			$	1,917
	3	iShares Russell 3000 Index Fund				167

		Total exchange traded funds (cost $1,727)			$	2,084

		Total long-term investments (cost $1,236,247)			$	887,355



Principal
Amount

SHORT-TERM INVESTMENTS — 4.9%
		Repurchase Agreements — 4.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $19,743, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $20,207)
$	19,742	0.25% dated 10/31/2008			$	19,742
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,139, collateralized by FNMA 5.50%, 2037, value of $2,182)
	2,139	0.25% dated 10/31/2008				2,139
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $86, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $88)
	86	0.08% dated 10/31/2008				86
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $9,166, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $9,349)
	9,166	0.25% dated 10/31/2008				9,166
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $12,081, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $12,322)
	12,080	0.23% dated 10/31/2008				12,080

						43,213



Shares

		Securities Purchased with Proceeds from Security Lending — 0.2%
		Cash Collateral Reinvestment Fund:
	2,247	Goldman Sachs FS Prime Obligation/Institutional Fund				2,247

		Total short-term investments (cost $45,460)			$	45,460

		Total investments (cost $1,281,707) (C)	101.1	%	$	932,815
		Other assets and liabilities	(1.1	)%		(10,507	)

		Total net assets	100.0	%	$	922,308


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 20.66% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $1,340,913 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	8,802
Unrealized Depreciation		(416,900	)

Net Unrealized Depreciation	$	(408,098	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $5,069, which represents 0.55% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $3,527, which represents 0.38% of total net assets.

The accompanying notes are an integral part of these financial statements.

134


(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis
06/2007		1,405	Buck Holdings L.P.	$	1,406
04/2007 – 05/2008		6,234	Bumi Resources TBK PT		2,012
12/2005 – 11/2007		232	Impax Laboratories, Inc.		2,032
07/2008		13	Novavax, Inc. Warrants		—
03/2007		59	Solar Cayman Ltd. - 144A		878
06/2008		19	Suzlon Energy Ltd. - 144A		109
07/2007 – 12/2007		63	TATA Steel Ltd. - 144A		935


		The aggregate value of these securities at October 31, 2008 was $5,355 which represents 0.58% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Buy)	$	140	$	142		11/03/08	$	(2	)
British Pound (Buy)		58		59		11/04/08		(1	)
British Pound (Sell)		985		1,009		11/04/08		24
British Pound (Buy)		6,745		6,874		11/26/08		(129	)
British Pound (Sell)		6,745		6,481		11/26/08		(264	)
British Pound (Buy)		2,328		2,535		12/05/08		(207	)
British Pound (Sell)		2,328		2,563		12/05/08		235
Canadian Dollar (Buy)		191		189		11/03/08		2
Danish Krone (Buy)		33		33		11/03/08		—
Danish Krone (Sell)		117		118		11/03/08		1
Danish Krone (Buy)		51		52		11/04/08		(1	)
Euro (Buy)		1,111		1,128		11/03/08		(17	)
Euro (Buy)		163		163		11/04/08		—
Japanese Yen (Sell)		47		47		11/05/08		—
Singapore Dollar (Buy)		1,757		1,755		11/05/08		2
Swedish Krona (Sell)		20		20		11/04/08		—

							$	(357	)


(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.

135

The Hartford Conservative Allocation Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 98.9%
EQUITY FUNDS — 40.3%
	909	The Hartford Capital Appreciation Fund, Class Y			$	22,981
	816	The Hartford Disciplined Equity Fund, Class Y				7,856
	898	The Hartford Equity Income Fund, Class Y				9,343
	210	The Hartford Fundamental Growth Fund, Class Y				1,637
	585	The Hartford Global Growth Fund, Class Y				6,513
	272	The Hartford Growth Opportunities Fund, Class Y				5,260
	492	The Hartford International Opportunities Fund, Class Y				5,226
	256	The Hartford International Small Company Fund, Class Y				1,945
	124	The Hartford LargeCap Growth Fund, Class Y				791
	199	The Hartford Select MidCap Value Fund, Class Y				1,339
	371	The Hartford Select SmallCap Value Fund, Class Y				2,760
	602	The Hartford Value Fund, Class Y				5,378

		Total equity funds (cost $96,277)			$	71,029



FIXED INCOME FUNDS — 58.6%
	1,921	The Hartford Floating Rate Fund, Class Y			$	13,696
	948	The Hartford High Yield Fund, Class Y				5,240
	2,522	The Hartford Income Fund, Class Y				20,860
	1,598	The Hartford Inflation Plus Fund, Class Y				15,660
	2,640	The Hartford Short Duration Fund, Class Y				24,264
	997	The Hartford Strategic Income Fund, Class Y				7,325
	1,755	The Hartford Total Return Bond Fund, Class Y				16,342

		Total fixed income funds (cost $119,978)			$	103,387

		Total investments in affiliated investment companies (cost $216,255)			$	174,416



EXCHANGE TRADED FUNDS — 0.5%
	6	Powershares Emerging Markets Sovereign Debt Portfolio ETF			$	101
	12	SPDR DJ Wilshire International Real Estate ETF				344
	10	SPDR DJ Wilshire REIT ETF				437

		Total investments in exchange traded funds (cost $1,283)			$	882

		Total investments (cost $217,538) (C)	99.4	%	$	175,298
		Other assets and liabilities	0.6	%		1,065

		Total net assets	100.0	%	$	176,363


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $218,439 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	—
Unrealized Depreciation		(43,141	)

Net Unrealized Depreciation	$	(43,141	)


(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.

137

The Hartford Disciplined Equity Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 98.1%
		Automobiles & Components — 0.2%
	52	TRW Automotive Holdings Corp. (D)	$	331

		Banks — 3.3%
	105	Huntington Bancshares, Inc.		993
	32	PNC Financial Services Group, Inc.		2,134
	86	Wells Fargo & Co.		2,928

				6,055

		Capital Goods — 4.4%
	57	Dover Corp.		1,824
	60	Lockheed Martin Corp.		5,086
	14	Parker-Hannifin Corp.		533
	14	Raytheon Co.		690

				8,133

		Commercial & Professional Services — 0.7%
	44	Manpower, Inc.		1,379

		Diversified Financials — 3.2%
	21	Capital One Financial Corp.		818
	80	Invesco Ltd.		1,199
	42	JP Morgan Chase & Co.		1,749
	66	Morgan Stanley		1,158
	18	Northern Trust Corp.		1,036

				5,960

		Energy — 10.0%
	33	Chevron Corp.		2,447
	21	ConocoPhillips Holding Co.		1,098
	45	Exxon Mobil Corp.		3,298
	45	Halliburton Co.		889
	53	Hess Corp.		3,179
	95	Marathon Oil Corp.		2,770
	89	Occidental Petroleum Corp.		4,915

				18,596

		Food & Staples Retailing — 4.3%
	39	BJ’s Wholesale Club, Inc. (D)		1,355
	82	Supervalu, Inc.		1,170
	99	Wal-Mart Stores, Inc.		5,520

				8,045

		Food, Beverage & Tobacco — 5.9%
	60	General Mills, Inc.		4,038
	38	PepsiCo, Inc.		2,172
	108	Philip Morris International, Inc.		4,699

				10,909

		Health Care Equipment & Services — 7.2%
	24	Aetna, Inc.		584
	77	Covidien Ltd.		3,406
	96	McKesson Corp.		3,528
	56	Medtronic, Inc.		2,275
	69	St. Jude Medical, Inc. (D)		2,628
	25	Universal Health Services, Inc. Class B		1,030

				13,451

		Household & Personal Products — 0.5%
	16	Kimberly-Clark Corp.		950

		Insurance — 4.7%
	74	Allied World Assurance Holdings Ltd.		2,376
	76	Assurant, Inc.		1,937
	60	Axis Capital Holdings Ltd.		1,703
	51	Marsh & McLennan Cos., Inc.		1,507
	84	Unum Group		1,323

				8,846

		Materials — 1.4%
	21	Mosaic Co.		812
	44	Nucor Corp.		1,786

				2,598

		Media — 2.9%
	93	DirecTV Group, Inc. (D)		2,027
	52	DISH Network Corp. (D)		822
	99	Walt Disney Co.		2,572

				5,421

		Pharmaceuticals, Biotechnology & Life Sciences — 16.6%
	44	Abbott Laboratories		2,449
	80	Amgen, Inc. (D)		4,761
	58	Amylin Pharmaceuticals, Inc. (D)		596
	173	Bristol-Myers Squibb Co.		3,563
	30	Cephalon, Inc. (D)		2,166
	106	Eli Lilly & Co.		3,588
	129	Forest Laboratories, Inc. (D)		3,001
	52	Johnson & Johnson		3,184
	73	Merck & Co., Inc.		2,247
	106	Schering-Plough Corp.		1,540
	50	Watson Pharmaceuticals, Inc. (D)		1,296
	78	Wyeth		2,494

				30,885

		Real Estate — 0.8%
	103	Annaly Capital Management, Inc.		1,428

		Retailing — 3.8%
	311	Gap, Inc.		4,024
	43	Staples, Inc.		832
	82	TJX Cos., Inc.		2,192

				7,048

		Semiconductors & Semiconductor Equipment — 1.3%
	34	Broadcom Corp. Class A (D)		576
	45	Intel Corp.		723
	49	Lam Research Corp. (D)		1,093

				2,392

		Software & Services — 9.1%
	94	Accenture Ltd. Class A		3,117
	84	Activision Blizzard, Inc. (D)		1,052
	80	BMC Software, Inc. (D)		2,055
	205	Microsoft Corp.		4,575
	179	Oracle Corp. (D)		3,279
	184	Western Union Co.		2,802

				16,880

		Technology Hardware & Equipment — 8.6%
	76	Avnet, Inc. (D)		1,267
	32	Cisco Systems, Inc. (D)		568
	113	Corning, Inc.		1,228
	65	Dell, Inc. (D)		790
	130	Hewlett-Packard Co.		4,980
	111	Ingram Micro, Inc. (D)		1,485
	24	International Business Machines Corp.		2,185
	—	Nortel Networks Corp. (D)		—
	35	Qualcomm, Inc.		1,330
	70	Seagate Technology		474
	218	Xerox Corp.		1,751

				16,058

		Telecommunication Services — 2.9%
	176	AT&T, Inc.		4,712
	29	CenturyTel, Inc.		733

				5,445

The accompanying notes are an integral part of these financial statements.

138


					Market
Shares					Value (W)

COMMON STOCK — (continued)
		Transportation — 2.4%
	24	FedEx Corp.			$	1,582
	24	J.B. Hunt Transport Services, Inc.				676
	194	Southwest Airlines Co.				2,288

						4,546

		Utilities — 3.9%
	21	Entergy Corp.				1,670
	22	Exelon Corp.				1,188
	60	FirstEnergy Corp.				3,103
	34	PG&E Corp.				1,236

						7,197

		Total common stock (cost $232,044)			$	182,553



Principal
Amount

SHORT-TERM INVESTMENTS — 0.4%
		Repurchase Agreements — 0.4%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $378, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $387)
$	378	0.25% dated 10/31/2008			$	378
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $41, collateralized by FNMA 5.50%, 2037, value of $42)
	41	0.25% dated 10/31/2008				41
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $2)
	2	0.08% dated 10/31/2008				2
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $175, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $179)
	175	0.25% dated 10/31/2008				175
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $231, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $236)
	231	0.23% dated 10/31/2008				231

		Total short-term investments (cost $827)			$	827

		Total investments (cost $232,871) (C)	98.5	%	$	183,380
		Other assets and liabilities	1.5	%		2,710

		Total net assets	100.0	%	$	186,090


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $233,197 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	3,979
Unrealized Depreciation		(53,796	)

Net Unrealized Depreciation	$	(49,817	)


(D)		Currently non-income producing.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

S&P 500 E-mini futures

Long

Dec 2008

116


		* The number of contracts does not omit 000’s.

		Cash of $602 was pledged as initial margin deposit for open futures contracts at October 31,2008.

(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.

139

The Hartford Diversified International Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 94.1%
		Australia — 1.6%
	5	ABC Learning Centres Ltd. (A)(H)	$	1
	2	Aditya Birla Minerals Ltd.		—
	2	Australian Worldwide Exploration Ltd. (D)		4
	1	BHP Billiton Ltd.		27
	—	Bradken Ltd.		2
	2	Centennial Coal Co., Ltd.		4
	1	Challenger Financial Services Group Ltd.		1
	37	Cockatoo Ridge Wines		1
	1	Coffey International Ltd.		1
	1	CSL Ltd.		28
	5	Emeco Holdings Ltd.		2
	—	Felix Resources Ltd.		3
	1	Gloucester Coal Ltd.		2
	—	Incitec Pivot Ltd.		1
	1	Leighton Holdings Ltd.		17
	1	MacArthur Coal Ltd.		2
	7	Macquarie CountryWide Trust		1
	11	Macquarie DDR Trust		1
	30	Minara Resources Ltd.		21
	2	Mount Gibson Iron Ltd. (D)(H)		1
	40	OZ Minerals Ltd.		25
	4	PaperlinX Ltd.		4
	4	PMP Ltd.		3
	—	Rio Tinto Ltd.		23
	7	Sigma Pharmaceuticals Ltd.		6
	5	Timbercorp Ltd.		2
	10	Virgin Blue Holdings Ltd.		2
	1	Whitehaven Coal Ltd.		1

				186

		Austria — 0.6%
	—	BWIN Interactive Entertainment (D)		4
	—	CA Immo International AG		1
	2	OMV AG		70

				75

		Belgium — 1.7%
	—	AGFA Gevaert N.V.		1
	—	Banque National de Belgique		3
	—	Bekaert		8
	—	Colruyt S.A.		3
	1	Delhaize-Le Lion S.A.		43
	—	Euronav S.A.		5
	15	Hansen Transmissions (D)		25
	1	KBC Groep N.V.		58
	—	Sipef N.V.		1
	—	Tessenderlo Chemie N.V.		9
	2	UCB S.A.		45
	—	Wereldhave Belgium		2

				203

		Brazil — 2.1%
	1	Anglo Ferrous Brazil S.A. ADR (D)(H)		7
	7	Banco Itau Holding Financeira S.p.A. ADR		74
	5	BM & F Bovespa S.A.		13
	—	Companhia Brasileira de Distribuicao Grupo Pao de Acucar ADR		12
	1	Companhia Energetica de Minas Gerais		14
	1	Companhia Energetica de Minas Gerais ADR		7
	3	Companhia Vale do Rio Doce ADR		41
	1	Dufry South America Ltd.		5
	—	Odontoprev S.A.		4
	2	Petroleo Brasileiro S.A. ADR		40
	1	Tele Norte Leste Participacoes S.A. ADR		18
	—	Usiminas Siderurg		4
	1	Votorantim Celulose e Papel S.A. ADR		9
	—	Weg S.A.		2

				250

		Canada — 3.2%
	1	Agrium U.S., Inc.		42
	1	Agrium, Inc.		19
	—	Artis Real Estate Investment Trust		4
	1	ATS Automation Tooling Systems, Inc. (D)		3
	1	Barrick Gold Corp.		14
	—	Bird Construction Income Fund		3
	—	Canadian Natural Resources Ltd.		10
	—	Canadian Natural Resources Ltd. ADR		20
	1	Chemtrade Logistics Income Fund		5
	—	Constellation Software, Inc.		1
	1	EnCana Corp.		31
	—	Enerflex Systems Income Fund (D)		2
	—	Equitable Group, Inc.		2
	1	Gerdau Ameristeel Corp.		3
	1	Highpine Oil & Gas Ltd. (D)		6
	—	Home Capital Group, Inc.		6
	1	InnVest Real Estate Investment Trust		4
	—	KHD Humboldt Wedag International Ltd. (D)		4
	—	Laurentian Bank of Canada		6
	1	Potash Corp. of Saskatchewan, Inc.		60
	—	Potash Corp. of Saskatchewan, Inc. ADR		17
	1	Quadra Mining Ltd. (D)		2
	2	Quest Capital Corp.		3
	1	Research In Motion Ltd. (D)		64
	1	Rogers Communications, Inc. Class B		20
	1	Talisman Energy, Inc.		11
	4	Uranium One, Inc. (D)		3
	—	Wajax Income Fund		4
	3	Yamana Gold, Inc.		13

				382

		Chile — 0.1%
	1	Sociedad Quimica Y Minera de Chile S.A.		11

		China — 1.4%
	54	China Communications Construction Co., Ltd.		38
	5	China Shenhua Energy Co., Ltd.		10
	1	Ctrip.Com International Ltd. ADR		21
	32	Datang International Power		12
	1	Focus Media Holding Ltd. ADR (D)		17
	39	Industrial and Commercial Bank of China		18
	15	Parkson Retail Group Ltd.		14
	18	Shanghai Electric Group Co., Ltd.		6
	—	Sohu.com, Inc. (D)		22
	8	Wumart Stores, Inc.		6

				164

		Denmark — 0.3%
	—	Auriga Industries		2
	—	Carlsberg A/S Class B		14
	—	TK Development (D)		1
	1	Vestas Wind Systems A/S (D)		21

				38

The accompanying notes are an integral part of these financial statements.

140


			Market
Shares			Value (W)

COMMON STOCK — (continued)
		Egypt — 0.1%
	—	Orascom Construction	$	8
	8	Talaat Moustafa Group Holding (D)		5

				13

		Finland — 1.0%
	—	Cramo Oyj		2
	—	KCI Konecranes Oyj		7
	6	Nokia Oyj		97
	—	Nokian Rendaat Oyj		2
	1	Tietoenator Oyj (D)		8

				116

		France — 8.6%
	—	Air France		4
	—	Alstom RGPT		12
	—	Altamir Amboise		1
	4	AXA S.A.		70
	—	Bacou-Dalloz		2
	1	BNP Paribas		38
	—	Boiron		3
	—	Cegereal		2
	2	Compagnie Generale de Geophysique-Veritas (D)		38
	—	Eramet		4
	—	Eurazeo		7
	—	Fonciere des Regions		5
	2	France Telecom S.A.		58
	1	Gaz de France		37
	1	Groupe Eurotunnel S.A. (D)		5
	2	Michelin (C.G.D.E.) Class B		100
	—	Nexans S.A.		5
	—	Nexity		3
	—	Parrot S.A. (D)		1
	1	Peugeot S.A.		22
	—	Pinault-Printemps-Redoute S.A.		30
	—	Rallye S.A.		7
	1	Rexel S.A.		8
	3	Rhodia S.A.		24
	2	Sanofi-Aventis S.A.		124
	—	Schneider Electric S.A.		17
	1	Scor Se		9
	—	Societe Fonciere, Financiere et de Participations		4
	2	Societe Generale Class A		126
	2	Thomson Multimedia S.A.		3
	2	Total S.A.		87
	1	Unibail		90
	—	Vallourec		4
	1	Vinci S.A.		33
	2	Vivendi S.A.		43

				1,026

		Germany — 6.9%
	—	Aareal Bank AG		1
	—	Allianz SE		33
	—	Alstria Office REIT-AG		3
	1	BASF SE		25
	—	Biotest AG		6
	6	Commerzbank AG		60
	—	Demag Cranes AG		3
	—	Deutsche Beteiligungs AG		1
	1	Deutsche Boerse AG		89
	1	Deutsche Lufthansa AG		18
	3	Deutsche Telekom AG		50
	—	Draegerwerk AG & Co.		2
	8	E.On AG		293
	—	Freenet AG (D)		1
	1	Fresenius Medical Care AG & Co.		34
	—	Fresenius SE		14
	1	GEA Group AG		9
	—	Gesco AG		1
	—	GFK AG		2
	—	Gildemeister		2
	—	Grammer AG		2
	1	Hochtief AG		20
	1	IKB Deut Industriebank (D)		2
	—	Interseroh AG		3
	—	Jungheinrich AG		1
	—	K + S AG		8
	—	Kloeckner & Co SE		2
	—	Linde AG		21
	—	Loewe		1
	—	Man AG		3
	—	Metro AG		9
	—	MTU Aero Engines Holdings AG		5
	—	Muenchener Rueckversicherungs- Gesellschaft AG		14
	—	Norddeutsche Affinerie		7
	—	Phoenix Solar		2
	1	Siemens AG		70
	—	Tognum AG		3
	1	Wirecard (D)		7

				827

		Greece — 0.1%
	—	Alfa-Beta Vassilopoulos S.A.		2
	—	Athens Water Supply & Sewage		4
	—	Sarantis S.A.		1

				7

		Hong Kong — 1.2%
	13	Champion REIT		3
	3	China Mobile Ltd.		26
	—	China Mobile Ltd. ADR		18
	4	China Resources Enterprise		8
	3	Chow Sang Sang Holdings		1
	2	Esprit Holdings Ltd.		11
	32	Golden Meditech Co., Ltd.		5
	2	Great Eagle Holdings Ltd.		3
	4	HKR International Ltd.		1
	1	Hong Kong Exchanges & Clearing Ltd.		7
	2	Hysan Development Co., Ltd.		3
	8	Johnson Electric Holdings Ltd.		2
	9	K Wah International Holdings Ltd.		1
	89	Kingboard Laminates Holdings		22
	7	Next Media Ltd.		1
	10	Noble Group Ltd.		8
	16	Oriental Press Group		1
	19	Pacific Andes International Holdings Ltd.		1
	7	Pacific Basin Ship		4
	10	Regal Real Estate Investment		1
	6	Shangri-La Asia Ltd.		9
	22	Sinolink Worldwide Holdings		1
	5	Sun Hung Kai & Co., Ltd.		2
	3	Tian An China Investments Co., Ltd.		1
	—	Vtech Holdings LTD		1

				141

The accompanying notes are an integral part of these financial statements.

141

The Hartford Diversified International Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)
		India — 1.3%
	1	HDFC Bank Ltd.	$	79
	1	Reliance Industries GDR (I)		78

				157

		Ireland — 0.7%
	2	Elan Corp. plc ADR (D)		16
	3	Ryanair Holdings plc ADR (D)		62
	1	Smurfit Kappa Group plc		2
	5	Total Produce plc		2
	2	United Drug plc		8

				90

		Israel — 1.2%
	1	Israel Chemicals Ltd.		11
	3	Teva Pharmaceutical Industries Ltd. ADR		129

				140

		Italy — 1.2%
	2	Banco di Desio e della Brianza S.A.		10
	9	Enel S.p.A.		61
	—	Ifi-Istituto Finanziario Industries (D)		3
	14	Intesa Sanpaolo		50
	1	Landi Renzo S.p.A.		2
	1	Maire Tecnimont S.p.A.		1
	25	Pirelli & Co. S.p.A.		9
	6	Safilo Group S.p.A.		6
	3	Unipol Gruppo Finanziario S.p.A.		6

				148

		Japan — 15.8%
	—	Aderans Holdings Co., Ltd.		2
	—	Aichi Bank Ltd.		4
	1	Aichi Machine Industry Co., Ltd.		2
	—	Aiful Corp.		2
	—	AOC Holdings, Inc.		1
	—	Aoki Holdings, Inc.		2
	1	Aoyama Trading Co., Ltd.		7
	—	Arcs Co., Ltd.		4
	1	Arisawa Manufacturing Co., Ltd.		2
	1	ASKA Pharmaceutical Co., Ltd.		6
	2	Astellas Pharma, Inc.		89
	—	BML, Inc.		4
	—	Canon Finetech, Inc.		3
	3	Canon, Inc.		98
	—	Cawachi Ltd.		3
	—	Century Leasing System, Inc.		1
	—	Chudenko Corp.		6
	1	Chugai Ro Co., Ltd.		2
	—	Coca-Cola Central Japan Co., Ltd.		7
	—	The Daiei, Inc. (D)		2
	3	Daiichi Sankyo Co., Ltd.		70
	1	Daiichikosho Co., Ltd.		5
	1	DCM Japan Holdings Co., Ltd.		10
	—	DTS Corp.		2
	—	East Japan Railway Co.		36
	1	The Eighteenth Bank Ltd.		3
	5	Eisai Co., Ltd.		169
	—	F.C.C. Co., Ltd.		1
	—	Fast Retailing Co., Ltd.		16
	—	Fields Corp.		1
	—	Fuji Machine Manufacturing Co.		2
	—	Fujikura Ltd.		1
	—	Futaba Corp.		3
	1	Godo Steel, Ltd.		2
	1	Heiwa Corp.		7
	—	Hikari Tsushin, Inc.		1
	—	Hitachi Systems & Services Ltd.		3
	1	Hogy Medical Co., Ltd.		33
	7	Honda Motor Co., Ltd.		174
	—	INES Corp.		2
	—	Itoham Foods, Inc.		1
	1	Izumiya Co., Ltd.		7
	2	Jaccs Co., Ltd.		2
	—	Japan Aviation Electronics Industry, Ltd.		1
	—	Japan Tobacco, Inc.		241
	—	Kanto Automotive Works Ltd.		4
	1	The Kanto Tsukuba Bank Ltd.		4
	2	Kinden Corp.		15
	—	The Kita-Nippon Bank Ltd.		3
	—	Komori Corp.		4
	1	Maeda Corp.		3
	—	Mimasu Semiconductor Industry Co., Ltd.		2
	1	Mitsubishi Corp.		20
	4	Mitsubishi Estate Co., Ltd.		71
	9	Mitsubishi UFJ Financial Group, Inc.		56
	1	Mitsui Fudosan Co., Ltd.		17
	—	Mitsui Knowledge Industry Co., Ltd.		1
	2	Mitsui Mining Co., Ltd.		3
	—	Mitsumi Electric Co., Ltd.		2
	1	Nabtesco Corp.		6
	1	Nhk Spring Co Ltd.		4
	—	Nichicon Corp.		1
	—	Nihon Dempa Kogyo Co., Ltd.		1
	—	Nihon Kohden Corp.		3
	—	Nintendo Co., Ltd.		146
	1	Nippo Corp.		4
	—	Nippon Denko Co., Ltd.		1
	—	Nippon Residential		2
	—	Nippon Seiki Co., Ltd.		1
	1	Nippon Shokubai Co., Ltd.		6
	1	The Nippon Synthetic Chemical Industry Co., Ltd.		2
	1	Nishimatsu Construction Co., Ltd.		3
	1	Nissan Shatai Co., Ltd.		7
	—	Noritsu Koki Co., Ltd.		2
	—	NTT DoCoMo, Inc.		22
	1	OMC Card, Inc.		1
	12	Osaka Gas Co., Ltd.		42
	—	Pacific Metals Co., Ltd.		1
	1	Press Kogyo Co., Ltd.		2
	—	Raysum Co., Ltd.		1
	—	Ricoh Leasing Co., Ltd.		3
	—	Round One Corp.		2
	—	Ryohin Keikaku Co., Ltd.		19
	—	Ryosan Co., Ltd.		2
	—	Ryoyo Electro Corp.		2
	1	Sankyo Co., Ltd.		27
	—	Sanyo Denki Co., Ltd.		1
	2	Seino Holdings Corp.		8
	3	Seven & I Holdings Co., Ltd.		81
	—	Shima Seiki Manufacturing Ltd.		5
	—	Sumitomo Mitsui Financial Group, Inc.		80
	—	Tachi-S Co., Ltd.		2
	—	Taikisha Ltd.		2
	1	Takefuji Corp.		5

The accompanying notes are an integral part of these financial statements.

142


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Japan — (continued)
	2	Toagosei Co., Ltd.	$	5
	—	Tohokushinsha Film Corp.		2
	10	Tokyo Gas Co., Ltd.		43
	1	Tokyo Steel Manufacturing Co., Ltd.		6
	—	Torii Pharmaceutical Co., Ltd.		4
	1	Toyo Kohan Co., Ltd.		3
	1	Toyota Automotive Body Co., Ltd.		15
	—	Toyota Motor Corp.		16
	—	TS Technology Co., Ltd.		3
	—	Tsuruha Holdings, Inc.		2
	—	Uni-Charm Corp.		22
	—	Unipres Corp.		3
	1	USEN Corp.		2
	—	Yahoo Japan Corp.		21
	—	Yonekyu Corp.		4

				1,893

		Luxembourg — 0.9%
	1	ArcelorMittal ADR		16
	1	Colt Telecom Group S.A. (D)		1
	1	Millicom International Cellular S.A.		46
	2	SES Global S.A.		41
	1	Ternium S.A. ADR		5

				109

		Malaysia — 0.2%
	11	AMMB Holdings Berhad		7
	3	Kulim Malaysia Berhad		4
	18	PLUS Expressways Berhad		13
	8	Resorts World BHD		5

				29

		Mexico — 0.5%
	1	America Movil S.A.B. de C.V. ADR		16
	—	Fomento Economico Mexicano S.A.B. De C.V. ADR		5
	11	Grupo Financiero Banorte S.A.		19
	—	Grupo Televisa S.A. ADR		7
	7	Impulsora del Des (D)		6
	3	Wal-Mart de Mexico		8

				61

		Netherlands — 2.9%
	9	AerCap Holdings N.V. (D)		58
	13	Dockwise Ltd. (D)		11
	—	Gemalto N.V. (D)		5
	2	Koninklijke (Royal) KPN N.V.		24
	—	Koninklijke Dsm N.V.		9
	—	Koninklijke Ten Cate N.V.		2
	1	OCE N.V.		3
	1	Ordina N.V.		3
	3	Plaza Centers N.V.		1
	1	Royal Dutch Shell plc		39
	1	SNS Reaal		6
	—	TomTom N.V. (D)		3
	8	Unilever N.V. CVA		181
	—	USG People N.V.		4

				349

		New Zealand — 0.0%
	4	New Zealand Oil & Gas Ltd.		3

		Norway — 0.7%
	—	Bonheur ASA		4
	48	DNO International ASA (D)		32
	—	Ementor ASA (D)		1
	—	Odim ASA (D)		1
	2	Seadrill Ltd.		19
	—	Sparebanken Midt-Norge		1
	3	Telenor ASA		19
	—	TGS Nopec Geophysical Co. ASA (D)		1
	1	Veidekke ASA		2

				80

		Panama — 0.2%
	1	Copa Holdings S.A. Class A		23

		Papua New Guinea — 0.0%
	1	New Britain Palm Oil Ltd.		3

		Peru — 0.1%
	1	Compania De Minas Buenaventur ADR		9

		Philippines — 0.0%
	—	Philippine Long Distance Telephone Co. ADR		4

		Portugal — 0.1%
	1	Novabase SGPS S.A. (D)		6
	1	Redes Energeticas Nacionais		3

				9

		Russia — 1.6%
	5	OAO Gazprom Class S ADR		100
	6	Vimpel-Communications ADR		91

				191

		Singapore — 0.9%
	11	DBS Group Holdings Ltd.		84
	6	Oversea-Chinese Banking Corp., Ltd.		20
	8	Yangzijiang Shipbuilding Holdings		2

				106

		South Africa — 1.2%
	3	Adcock Ingram Holdings Ltd. (D)		9
	19	African Bank Investments Ltd.		51
	2	Aspen Pharmacare Holdings Ltd.		7
	—	Impala Platinum Holdings Ltd.		4
	5	MTN Group Ltd.		60
	3	Truworths International Ltd.		11

				142

		South Korea — 0.0%
	—	Kolon Industries, Inc. (D)		3
	—	Korea Kumho Petrochemical Co., Ltd.		2

				5

		Spain — 2.1%
	5	Banco Bilbao Vizcaya Argentaria S.A.		62
	—	Banco De Sabadell S.A.		3
	1	Campofrio Alimentacion S.A.		6
	—	Construcciones y Auxiliar de		7
	—	Corp Financiera Alba		2
	4	Iberdrola S.A.		30
	—	Prosegur Compania de Seguridad S.A.		2
	7	Telefonica S.A.		136

				248

The accompanying notes are an integral part of these financial statements.

143

The Hartford Diversified International Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)
		Sweden — 1.9%
	—	AF Ab Class B	$	4
	1	Atlas Copco Ab		5
	—	BE Group Ab		1
	1	Bure Equity Ab		3
	1	Hennes & Mauritz Ab		22
	—	Investment Ab Latour		2
	—	Lundbergforetagen Ab		6
	12	Lundin Petroleum Ab (D)		57
	1	NCC Ab Class B		5
	1	PA Resources Ab (D)		1
	—	Peab Industri Ab		2
	8	Swedish Match Ab		111
	2	Volvo Ab Class B		10

				229

		Switzerland — 10.0%
	4	ABB Ltd.		48
	—	Acino Holding AG		1
	1	Actelion Ltd. (D)		32
	1	Adecco S.A.		25
	—	Baloise Holding AG		4
	—	Basellandschaftliche Kantonalbank		1
	—	Bell Holding AG		2
	—	Berner Kantonalbank		6
	—	Bobst Group (D)		3
	2	Clariant AG		11
	1	Dufry Group		16
	—	Gottex Fund Management Holdings Ltd.		1
	3	Julius Baer Holding Ltd.		114
	—	Kardex		2
	—	Kuoni Reisen Holding AG		6
	—	Meyer Burger Technology AG (D)		2
	1	Mobilezone Holdings		6
	9	Nestle S.A.		342
	1	Novartis AG		73
	—	Orascom Development Holding AG (D)		2
	—	Pargesa Holding S.A.		3
	6	Paris RE Holdings Ltd.		85
	1	Roche Holding AG		97
	—	Romande Energie Holding S.A.		5
	—	Schindler Holding-Part Certificates		2
	—	Syngenta AG		38
	1	Synthes, Inc.		71
	—	Temenos Group AG (D)		3
	10	UBS AG (D)		170
	—	Vetropack Holding		3
	—	Zurich Financial Services AG		27

				1,201

		Taiwan — 0.8%
	12	Hon Hai Precision Industry Co., Ltd. (I)		60
	4	Taiwan Semiconductor Manufacturing Co., Ltd. ADR		30

				90

		Thailand — 0.2%
	3	Bangkok Bank plc		5
	44	Bank of Ayudhya plc		13

				18

		Turkey — 0.5%
	7	Dogan Sirketler Grubu Holding AS		5
	2	Haci Omer Sabanci Holding AS		6
	2	KOC Holding AS (D)		4
	4	Turkcell Iletisim Hizmetleri AS ADR		51

				66

		United Kingdom — 19.5%
	3	3I Group plc		25
	1	888 Holdings plc		1
	5	Admiral Group plc		78
	1	Aggreko plc		8
	2	Anglo American plc		42
	37	Arm Holdings plc		58
	1	Ashtead Group plc		1
	3	AstraZeneca plc		147
	2	AstraZeneca plc ADR		98
	4	Autonomy Corp. plc (D)		67
	—	Aveva Group plc		4
	13	BAE Systems plc		73
	3	Barclays Bank plc		10
	2	Barratt Developments plc		3
	3	Beazley Group plc		5
	7	BG Group plc		97
	10	BHP Billiton plc		173
	8	BP plc		63
	1	British American Tobacco plc		22
	2	BTG plc (D)		5
	3	Cadbury plc		24
	5	Capita Group plc		50
	1	Catlin Group Ltd.		7
	7	Cattles plc		4
	—	Clarkson plc		2
	1	Computacenter plc		2
	4	Croda International plc		32
	1	CSR plc (D)		2
	2	Drax Group plc		18
	24	easyJet plc (D)		120
	1	Emerald Energy plc (D)		3
	3	Ferrexpo plc		2
	2	Galliford Try plc		1
	2	Game Group plc		5
	4	GlaxoSmithKline plc		75
	26	Hays plc		28
	1	Hilton Food Group Ltd.		3
	1	HMV Group plc		1
	8	HSBC Holding plc		95
	1	International Personal Finance		3
	—	JKX Oil & Gas plc		1
	—	Keller Group plc		1
	1	Kofax plc		2
	7	Lancashire Holdings Ltd.		39
	6	Logica plc		6
	—	Luminar Group Holdings plc		1
	4	Michael Page International plc		13
	—	Millennium & Copthorne Hotels plc		2
	1	National Grid plc		14
	2	Next plc		34
	—	Ocean Wilsons Holdings Ltd.		1
	1	Paragon Group Companies plc		1
	8	Premier Foods plc		3
	2	PV Crystalox Solar plc		4
	2	Reckitt Benckiser Group plc		73
	4	Reed Elsevier plc		37

The accompanying notes are an integral part of these financial statements.

144


					Market
Shares					Value (W)

COMMON STOCK — (continued)

		United Kingdom — (continued)
	8	Regus plc			$	6
	—	Reuters Group plc				3
	21	Rexam plc				126
	1	Rio Tinto plc				40
	2	ROK plc				3
	487	Rolls-Royce Group — C Share Entitlement (A)(H)				—
	9	Rolls-Royce Group plc				45
	6	J Sainsbury plc				27
	1	Southern Reserve, Inc.				3
	9	Standard Chartered plc				141
	1	Telecom Plus plc				3
	12	Tesco plc				65
	5	Thomas Cook Group plc				15
	2	Trinity Mirror plc				1
	6	Tui Travel plc				17
	—	Vedanta Resources plc				4
	40	Vodafone Group plc				77
	1	WH Smith plc				9
	6	Wm Morrison Supermarkets				27
	1	Xstrata plc				22
	5	Yell Group plc				5

						2,328

		United States — 0.7%
	1	ACE Ltd.				80
	2	WSP Holdings Ltd. (D)				9

						89

		Total common stock (cost $16,372)			$	11,259



WARRANTS — 0.1%
		India — 0.1%
	—	Citigroup Global Markets — Bharat Heavy Electricals Ltd. (H)			$	8
	2	Citigroup Global Markets — Piramal Healthcare Ltd. (H)				7

		Total warrants (cost $24)			$	15



EXCHANGE TRADED FUNDS — 1.8%
		United States — 1.8%
	2	iShares MSCI EAFE Index Fund			$	103
	3	iShares MSCI Emerging Markets Index Fund				69
	1	iShares MSCI South Korea Index Fund				19
	1	SPDR S&P International Small Cap				19

		Total exchange traded funds (cost $324)			$	210

		Total long-term investments (cost $16,720)			$	11,484



Principal					Market
Amount					Value (W)

SHORT-TERM INVESTMENTS — 3.7%
		Repurchase Agreements — 3.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $203, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $208)
$	203	0.25% dated 10/31/2008			$	203
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $22, collateralized by FNMA 5.50%, 2037, value of $22)
	22	0.25% dated 10/31/2008				22
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $1)
	1	0.08% dated 10/31/2008				1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $94, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $96)
	94	0.25% dated 10/31/2008				94
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $125, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $127)
	125	0.23% dated 10/31/2008				125

		Total short-term investments (cost $445)			$	445

		Total investments (cost $17,165) (C)	99.7	%	$	11,929
		Other assets and liabilities	0.3	%		40

		Total net assets	100.0	%	$	11,969


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 93.44% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $18,099 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	64
Unrealized Depreciation		(6,234	)

Net Unrealized Depreciation	$	(6,170	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $1, which represents 0.01% of total net assets. This calculation excludes securities that are principally traded on certain foreign

The accompanying notes are an integral part of these financial statements.

145

The Hartford Diversified International Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


		markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $138, which represents 1.15% of total net assets.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis
06/2008		5	ABC Learning Centres Ltd.	$	5
07/2008		1	Anglo Ferrous Brazil S.A. ADR		—
08/2008		—	Citigroup Global Markets — Bharat Heavy Electricals Ltd. - 144A		12
08/2008 – 09/2008		2	Citigroup Global Markets — Piramal Healthcare Ltd. - 144A		12
06/2008		2	Mount Gibson Iron Ltd.		7
06/2008 – 08/2008		487	Rolls-Royce Group — C Share Entitlement		1


		The aggregate value of these securities at October 31, 2008 was $24 which represents 0.20% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Australian Dollar (Sell)	$	2	$	2		11/03/08	$	—
Australian Dollar (Buy)		7		7		11/05/08		—
British Pound (Buy)		29		29		11/03/08		—
British Pound (Sell)		7		7		11/03/08		—
British Pound (Buy)		40		41		11/04/08		(1	)
British Pound (Sell)		6		6		11/05/08		—
Canadian Dollar (Buy)		11		11		11/03/08		—
Canadian Dollar (Buy)		4		4		11/04/08		—
Canadian Dollar (Buy)		12		12		11/05/08		—
Canadian Dollar (Buy)		105		122		01/22/09		(17	)
Canadian Dollar (Sell)		105		117		01/22/09		12
Danish Krone (Sell)		1		1		11/03/08		—
Danish Krone (Buy)		4		4		11/04/08		—
Danish Krone (Buy)		8		8		11/05/08		—
Euro (Buy)		11		11		11/03/08		—
Euro (Sell)		53		53		11/03/08		—
Euro (Buy)		18		18		11/04/08		—
Euro (Sell)		3		3		11/04/08		—
Euro (Sell)		14		14		11/05/08		—
Hong Kong Dollar (Buy)		21		21		11/03/08		—
Japanese Yen (Buy)		7		7		11/04/08		—
Japanese Yen (Buy)		13		13		11/05/08		—
Japanese Yen (Sell)		1		1		11/06/08		—
Japanese Yen (Buy)		324		300		12/10/08		24
Japanese Yen (Sell)		236		232		12/10/08		(4	)
New Zealand Dollar (Buy)		2		2		11/04/08		—
Norwegian Krone (Sell)		—		—		11/03/08		—
Swedish Krona (Sell)		2		2		11/03/08		—
Swedish Krona (Buy)		6		6		11/04/08		—
Swiss Franc (Buy)		6		6		11/03/08		—
Swiss Franc (Sell)		21		21		11/03/08		—
Swiss Franc (Buy)		12		12		11/04/08		—
Swiss Franc (Sell)		26		26		11/05/08		—

							$	14


(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		3.1	%


Banks		10.5


Capital Goods		6.2


Commercial & Professional Services		1.3


Consumer Durables & Apparel		0.5


Consumer Services		0.7


Diversified Financials		5.4


Energy		7.2


Food & Staples Retailing		2.6


Food, Beverage & Tobacco		8.2


Health Care Equipment & Services		1.5


Household & Personal Products		0.8


Insurance		3.8


Materials		8.7


Media		1.4


Pharmaceuticals, Biotechnology & Life Sciences		10.3


Real Estate		1.9


Retailing		1.9


Semiconductors & Semiconductor Equipment		0.8


Software & Services		2.5


Technology Hardware & Equipment		3.1


Telecommunication Services		6.2


Transportation		2.5


Utilities		4.9


Short-Term Investments		3.7


Other Assets and Liabilities		0.3


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

146

The Hartford Dividend and Growth Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 96.2%
		Automobiles & Components — 0.8%
	1,014	Honda Motor Co., Ltd. ADR	$	25,114

		Banks — 2.9%
	824	Comerica, Inc.		22,733
	202	M&T Bank Corp.		16,374
	506	PNC Financial Services Group, Inc.		33,715
	621	Synovus Financial Corp.		6,415
	424	US Bancorp		12,636
	949	Washington Mutual, Inc. Private Placement (A)(H)		53
	124	Wells Fargo & Co.		4,209

				96,135

		Capital Goods — 8.2%
	1,095	Deere & Co.		42,219
	4,390	General Electric Co.		85,639
	436	Illinois Tool Works, Inc.		14,568
	468	Lockheed Martin Corp.		39,787
	62	Masco Corp.		627
	308	PACCAR, Inc.		8,997
	570	Parker-Hannifin Corp.		22,103
	781	Pentair, Inc.		21,587
	435	Siemens AG ADR		26,177
	659	Spirit Aerosystems Holdings, Inc. (D)		10,622

				272,326

		Commercial & Professional Services — 1.6%
	736	Pitney Bowes, Inc.		18,243
	1,150	Waste Management, Inc.		35,924

				54,167

		Consumer Services — 0.4%
	998	Royal Caribbean Cruises Ltd.		13,537

		Diversified Financials — 7.7%
	2,908	Bank of America Corp.		70,295
	781	Capital One Financial Corp.		30,564
	989	Citigroup, Inc.		13,503
	86	Goldman Sachs Group, Inc.		7,927
	1,032	JP Morgan Chase & Co.		42,549
	1,092	Morgan Stanley		19,079
	947	State Street Corp.		41,071
	1,909	UBS AG ADR (D)		32,255

				257,243

		Energy — 17.3%
	1,309	Anadarko Petroleum Corp.		46,222
	635	BP plc ADR		31,570
	1,874	Chevron Corp.		139,808
	200	ConocoPhillips Holding Co.		10,409
	894	EnCana Corp.		45,514
	1,409	Exxon Mobil Corp.		104,429
	1,555	Marathon Oil Corp.		45,262
	522	Schlumberger Ltd.		26,977
	1,424	Total S.A. ADR		78,930
	1,323	XTO Energy, Inc.		47,566

				576,687

		Food & Staples Retailing — 2.6%
	767	Sysco Corp.		20,088
	508	Walgreen Co.		12,934
	982	Wal-Mart Stores, Inc.		54,794

				87,816

		Food, Beverage & Tobacco — 4.0%
	1,203	Altria Group, Inc.		23,089
	1,271	Nestle S.A. ADR		48,851
	687	PepsiCo, Inc.		39,160
	1,028	SABMiller plc		16,604
	283	Unilever N.V. NY Shares ADR		6,797

				134,501

		Health Care Equipment & Services — 2.5%
	1,344	Medtronic, Inc.		54,191
	1,267	UnitedHealth Group, Inc.		30,054

				84,245

		Household & Personal Products — 2.2%
	573	Kimberly-Clark Corp.		35,125
	598	Procter & Gamble Co.		38,623

				73,748

		Insurance — 4.4%
	953	ACE Ltd.		54,681
	487	Marsh & McLennan Cos., Inc.		14,291
	1,066	Metlife, Inc. (D)		35,402
	543	Principal Financial Group, Inc.		10,306
	481	Prudential Financial, Inc.		14,444
	407	Travelers Cos., Inc.		17,335

				146,459

		Materials — 4.3%
	680	Agrium U.S., Inc.		25,815
	985	Alcoa, Inc.		11,333
	623	Barrick Gold Corp.		14,152
	610	Dow Chemical Co.		16,258
	1,290	E.I. DuPont de Nemours & Co.		41,272
	1,702	International Paper Co.		29,302
	725	Rhodia S.A. ADR		6,124

				144,256

		Media — 3.6%
	2,069	Comcast Corp. Class A		32,602
	756	Comcast Corp. Special Class A		11,658
	546	McGraw-Hill Cos., Inc.		14,657
	352	New York Times Co. Class A		3,524
	1,610	Time Warner, Inc.		16,242
	585	Viacom, Inc. Class B (D)		11,828
	1,058	Walt Disney Co.		27,389

				117,900

		Pharmaceuticals, Biotechnology & Life Sciences — 10.7%
	828	Abbott Laboratories		45,686
	926	AstraZeneca plc ADR		39,326
	1,910	Bristol-Myers Squibb Co.		39,259
	1,977	Eli Lilly & Co.		66,849
	1,255	Merck & Co., Inc.		38,833
	866	Sanofi-Aventis S.A. ADR		27,373
	3,134	Schering-Plough Corp.		45,409
	380	Teva Pharmaceutical Industries Ltd. ADR		16,294
	1,137	Wyeth		36,602

				355,631

		Retailing — 1.3%
	809	Limited Brands, Inc.		9,695
	1,751	Staples, Inc.		34,026

				43,721

		Semiconductors & Semiconductor Equipment — 1.5%
	1,247	Applied Materials, Inc.		16,099
	929	Intel Corp.		14,865
	1,436	Maxim Integrated Products, Inc.		19,530

				50,494

The accompanying notes are an integral part of these financial statements.

147

The Hartford Dividend and Growth Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)

COMMON STOCK — (continued)
		Software & Services — 3.0%
	1,095	Accenture Ltd. Class A			$	36,190
	830	Automatic Data Processing, Inc.				29,002
	1,483	Microsoft Corp.				33,115

						98,307

		Technology Hardware & Equipment — 4.4%
	723	Avnet, Inc. (D)				12,107
	1,476	Corning, Inc.				15,986
	1,002	International Business Machines Corp.				93,184
	2,988	Xerox Corp.				23,965

						145,242

		Telecommunication Services — 5.3%
	5,265	AT&T, Inc.				140,941
	1,173	Verizon Communications, Inc.				34,816

						175,757

		Transportation — 1.9%
	602	FedEx Corp.				39,359
	1,902	Southwest Airlines Co.				22,402

						61,761

		Utilities — 5.6%
	1,315	Dominion Resources, Inc.				47,708
	930	Exelon Corp.				50,426
	969	FPL Group, Inc.				45,780
	969	PG&E Corp.				35,544
	307	Veolia Environment ADR				7,655

						187,113

		Total common stock (cost $3,772,317)			$	3,202,160



WARRANTS — 0.0%
		Banks — 0.0%
	119	Washington Mutual, Inc. Private Placement (A)(H)			$	—

		Total warrants (cost $ — )			$	—

		Total long-term investments (cost $3,772,317)			$	3,202,160



Principal
Amount

SHORT-TERM INVESTMENTS — 3.7%
		Repurchase Agreements — 3.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $57,016, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $58,359)
$	57,015	0.25% dated 10/31/2008			$	57,015
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $6,177, collateralized by FNMA 5.50%, 2037, value of $6,300)
	6,177	0.25% dated 10/31/2008				6,177
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $248, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $253)
	248	0.08% dated 10/31/2008				248
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $26,472, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $27,001)
	26,471	0.25% dated 10/31/2008				26,471
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $34,888, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $35,586)
	34,887	0.23% dated 10/31/2008				34,887

		Total short-term investments (cost $124,798)			$	124,798

		Total investments (cost $3,897,115) (C)	99.9	%	$	3,326,958
		Other assets and liabilities	0.1	%		3,301

		Total net assets	100.0	%	$	3,330,259


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 12.71% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $3,917,867 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	196,620
Unrealized Depreciation		(787,529	)

Net Unrealized Depreciation	$	(590,909	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $53, which represents 0.002% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)		Currently non-income producing.
(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Basis
04/2008		119	Washington Mutual, Inc. Private Placement Warrant	$	—
04/2008		949	Washington Mutual, Inc. Private Placement		8,300


		The aggregate value of these securities at October 31, 2008 was $53 which represents 0.002% 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.

148

The Hartford Equity Growth Allocation Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.1%
EQUITY FUNDS — 99.1%
	1,574	The Hartford Capital Appreciation Fund, Class Y			$	39,774
	1,521	The Hartford Disciplined Equity Fund, Class Y				14,645
	594	The Hartford Equity Income Fund, Class Y				6,182
	107	The Hartford Fundamental Growth Fund, Class Y				837
	1,100	The Hartford Global Growth Fund, Class Y				12,259
	491	The Hartford Growth Fund, Class Y				5,901
	844	The Hartford Growth Opportunities Fund, Class Y				16,292
	1,205	The Hartford International Opportunities Fund, Class Y				12,794
	1,226	The Hartford International Small Company Fund, Class Y				9,319
	107	The Hartford LargeCap Growth Fund, Class Y				684
	1,039	The Hartford Select MidCap Value Fund, Class Y				6,985
	2,225	The Hartford Select SmallCap Value Fund, Class Y				16,529
	993	The Hartford Small Company Fund, Class Y				13,994
	3,790	The Hartford Value Fund, Class Y				33,845

		Total investments in affiliated investment companies (cost $282,880)			$	190,040



EXCHANGE TRADED FUNDS — 1.0%
	55	SPDR DJ Wilshire International Real Estate ETF				1,555
	8	SPDR DJ Wilshire REIT ETF				382

		Total investments in exchange traded funds (cost $3,073)			$	1,937

		Total investments (cost $285,953) (C)	100.1	%	$	191,977
		Other assets and liabilities	(0.1	)%		(158	)

		Total net assets	100.0	%	$	191,819


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $286,185 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	—
Unrealized Depreciation		(94,208	)

Net Unrealized Depreciation	$	(94,208	)


(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 Equity Income Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 97.4%
		Banks — 7.8%
	282	PNC Financial Services Group, Inc.	$	18,796
	569	US Bancorp		16,967
	550	Wells Fargo & Co.		18,724

				54,487

		Capital Goods — 7.3%
	98	3M Co.		6,301
	108	Eaton Corp.		4,795
	1,075	General Electric Co.		20,964
	206	Illinois Tool Works, Inc.		6,872
	242	PACCAR, Inc.		7,067
	92	Schneider Electric S.A.		5,533

				51,532

		Commercial & Professional Services — 2.6%
	213	Republic Services, Inc.		5,048
	432	Waste Management, Inc.		13,491

				18,539

		Diversified Financials — 7.7%
	866	Bank of America Corp.		20,922
	248	Bank of New York Mellon Corp.		8,083
	614	JP Morgan Chase & Co.		25,332

				54,337

		Energy — 15.5%
	303	BP plc ADR		15,059
	405	Chevron Corp.		30,206
	114	ConocoPhillips Holding Co.		5,928
	494	Exxon Mobil Corp.		36,595
	168	Marathon Oil Corp.		4,889
	85	Royal Dutch Shell plc ADR		4,684
	212	Total S.A. ADR		11,775

				109,136

		Food & Staples Retailing — 0.4%
	214	Supervalu, Inc.		3,047

		Food, Beverage & Tobacco — 9.3%
	578	Altria Group, Inc.		11,090
	330	ConAgra Foods, Inc.		5,754
	87	Diageo plc ADR		5,435
	59	Lorillard, Inc.		3,886
	351	Nestle S.A. ADR		13,483
	159	PepsiCo, Inc.		9,053
	244	Philip Morris International, Inc.		10,602
	259	Unilever N.V. NY Shares ADR		6,224

				65,527

		Household & Personal Products — 2.1%
	244	Kimberly-Clark Corp.		14,981

		Insurance — 5.6%
	324	ACE Ltd.		18,562
	241	Allstate Corp.		6,365
	272	Chubb Corp.		14,083

				39,010

		Materials — 5.2%
	103	Air Products and Chemicals, Inc.		5,976
	296	Dow Chemical Co.		7,892
	199	E.I. DuPont de Nemours & Co.		6,384
	293	International Paper Co.		5,042
	105	PPG Industries, Inc.		5,192
	952	Rexam plc		5,736

				36,222

		Pharmaceuticals, Biotechnology & Life Sciences — 7.0%
	114	Abbott Laboratories		6,309
	448	Bristol-Myers Squibb Co.		9,208
	111	Eli Lilly & Co.		3,737
	152	GlaxoSmithKline plc ADR		5,894
	1,021	Pfizer, Inc.		18,075
	190	Wyeth		6,123

				49,346

		Real Estate — 1.3%
	697	Host Hotels & Resorts, Inc.		7,205
	77	Kimco Realty Corp.		1,730

				8,935

		Retailing — 4.7%
	392	Genuine Parts Co.		15,417
	452	Home Depot, Inc.		10,670
	126	Sherwin-Williams Co.		7,154

				33,241

		Semiconductors & Semiconductor Equipment — 1.5%
	647	Intel Corp.		10,354

		Software & Services — 2.3%
	710	Microsoft Corp.		15,854

		Telecommunication Services — 5.8%
	834	AT&T, Inc.		22,323
	623	Verizon Communications, Inc.		18,477

				40,800

		Transportation — 1.2%
	141	Norfolk Southern Corp.		8,476

		Utilities — 10.1%
	240	American Electric Power Co., Inc.		7,835
	294	Consolidated Edison, Inc.		12,749
	395	Dominion Resources, Inc.		14,320
	93	Entergy Corp.		7,251
	365	FPL Group, Inc.		17,263
	198	PG&E Corp.		7,272
	138	SCANA Corp.		4,535

				71,225

		Total common stock (cost $826,219)	$	685,049



Principal
Amount

SHORT-TERM INVESTMENTS — 2.1%
		Repurchase Agreements — 2.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $6,535, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $6,688)
$	6,534	0.25% dated 10/31/2008		6,534

The accompanying notes are an integral part of these financial statements.

150


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $708, collateralized by FNMA 5.50%, 2037, value of $722)
$	708	0.25% dated 10/31/2008			$	708
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $28, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $29)
	28	0.08% dated 10/31/2008				28
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,034, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $3,095)
	3,034	0.25% dated 10/31/2008				3,034
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,999, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $4,078)
	3,999	0.23% dated 10/31/2008				3,999

		Total short-term investments (cost $14,303)			$	14,303

		Total investments (cost $840,522) (C)	99.5	%	$	699,352
		Other assets and liabilities	0.5	%		3,742

		Total net assets	100.0	%	$	703,094


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 10.50% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $846,679 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	13,340
Unrealized Depreciation		(160,667	)

Net Unrealized Depreciation	$	(147,327	)


(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 Floating Rate Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 0.9%
		Finance — 0.9%
		Bayview Financial Acquisition Trust
$	2,600	5.39%, 05/28/2037 (A)(H)(L)	$	186
		Goldman Sachs Mortgage Securities Corp.
	16,967	5.55%, 02/01/2009 (H)(L)		15,101
		Helios Finance L.P.
	5,000	6.63%, 10/20/2014 (H)(L)		2,088
		Structured Asset Securities Corp.
	4,453	5.76%, 02/25/2037 (H)(L)		250
		Wells Fargo Home Equity Trust
	4,363	5.51%, 03/25/2037 (H)(L)		396

		Total asset & commercial mortgage backed securities (cost $33,142)	$	18,021



CORPORATE BONDS: INVESTMENT GRADE — 0.1%
		Finance — 0.1%
		Unicredito Italiano Capital Trust
$	2,000	9.20%, 10/05/2010 (I)(CC)	$	1,360

		Total corporate bonds: investment grade (cost $2,048)	$	1,360



CORPORATE BONDS: NON-INVESTMENT GRADE — 1.6%
		Basic Materials — 0.4%
		New Page Corp.
$	5,350	10.00%, 05/01/2012 #	$	3,638
		Norske Skog Canada Ltd.
	7,750	8.63%, 06/15/2011 #		4,573

				8,211

		Consumer Cyclical — 0.2%
		Dollarama Group L.P.
	5,000	8.88%, 08/15/2012 #		3,750

		Consumer Staples — 0.1%
		Appleton Papers, Inc.
	2,000	8.13%, 06/15/2011		1,400

		Finance — 0.1%
		LPL Holdings, Inc.
	2,000	10.75%, 12/15/2015 (H)		1,400
		Nuveen Investments, Inc.
	3,000	5.00%, 09/15/2010 #		1,020

				2,420

		Health Care — 0.4%
		HCA, Inc.
	7,000	6.30%, 10/01/2012 #		4,795
		Invacare Corp.
	4,000	9.75%, 02/15/2015 #		3,600

				8,395

		Services — 0.2%
		Affinion Group, Inc.
	5,305	11.50%, 10/15/2015 #		3,183

		Technology — 0.2%
		Level 3 Financing, Inc.
	2,000	6.85%, 02/15/2015 (L)#		910
		NXP B.V./NXP Funding LLC
	5,250	7.50%, 10/15/2013 (L)#		2,310

				3,220

		Total corporate bonds: non-investment grade (cost $47,024)	$	30,579



SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 80.4%
		Basic Materials — 10.9%
		Arizona Chemical Co.
$	6,521	4.81%, 02/27/2013 (N)	$	4,826
	7,250	8.31%, 02/27/2014 (H)(N)		4,169
		Berry Plastics Holding Co.
	10,398	4.80%, 04/03/2015 (N)		7,582
		Blount, Inc.
	3,992	4.75%, 06/09/2010 (N)		3,593
		Boise Paper Holdings LLC
	6,500	10.00%, 02/20/2015 (H)(N)		4,339
		Brenntag Group
	10,589	5.07%, 12/22/2012 — 01/12/2014 (N)		6,981
	2,411	7.07%, 01/12/2014 (N)		1,712
		Calumet Lubricants Co., L.P.
	805	4.00%, 12/29/2014 (AA)		507
	6,051	6.80%, 01/03/2015 (N)		3,812
		Cenveo, Inc.
	13,763	4.95%, 06/21/2013 — 03/16/2014 (N)		10,047
		Coffeyville Resources
	2,439	6.53%, 12/21/2010 (N)		1,915
	7,876	6.63%, 12/21/2013 (N)		6,182
		Cognis GMBH
	11,000	4.82%, 05/04/2014 (N)		6,820
EUR	1,000	6.96%, 05/04/2014 (N)		784
		Columbian Chemicals Co.
	10,035	7.01%, 03/15/2013 (N)		6,523
		Georgia-Pacific Corp.
	10,087	4.65%, 12/20/2012 (N)		8,389
	4,872	5.37%, 12/20/2013 (N)		3,917
		Goodyear Engineered Products
	7,796	4.00%, 07/31/2014 (N)		5,457
	4,000	5.06%, 07/31/2015 (N)		2,340
	1,117	9.25%, 07/31/2014 (N)		782
		Goodyear Tire & Rubber Co.
	17,750	4.78%, 04/30/2014 (N)		12,499
		Graham Packaging Co., Inc.
	16,819	5.74%, 04/03/2014 (N)		13,529
		Graphic Packaging Corp.
	3,200	5.75%, 08/08/2010 (N)		2,584
		Hexion Specialty Chemicals
	2,654	6.06%, 05/15/2013 (N)		1,834
	12,214	6.19%, 05/15/2013 (N)		8,440
	1,470	7.39%, 05/05/2013 (N)		1,016
		Hexion Specialty Chemicals, European Term Loan
EUR	1,861	5.06%, 05/05/2013 (N)		1,639
		Hexion Specialty Chemicals, Term Loan C5
	988	5.06%, 05/05/2013 (N)		682
		Huntsman International LLC
	18,960	4.97%, 04/19/2014 (N)		16,507

The accompanying notes are an integral part of these financial statements.

152


Principal			Market
Amount (B)			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Basic Materials — (continued)
		Ineos Group
$	7,701	5.95%, 12/16/2014 (N)	$	4,587
	7,702	6.45%, 02/01/2013 (N)		4,615
		Ineos Group Holdings plc
EUR	500	9.03%, 06/16/2015 (N)		246
		ISP Chemco LLC
	8,823	5.06%, 05/31/2014 (N)		6,882
		Jarden Corp.
	1,336	4.55%, 01/24/2012 (N)		1,053
	115	5.51%, 01/24/2012 (N)		91
	3,922	5.52%, 01/24/2012 (N)		2,941
		John Maneely Co.
	11,218	7.66%, 12/08/2013 (N)		7,984
		Kranson Industries
	3,616	5.46%, 07/31/2013 (N)		2,893
		MacDermid, Inc.
	10,435	5.76%, 04/11/2014 (N)		6,992
		Mega Bloks, Inc.
	8,451	8.75%, 07/26/2012 (H)(N)		4,225
		Newpage Corp.
	3,970	7.00%, 12/21/2014 (N)		3,242
		Novelis, Inc., Canadian Term Loan
	1,003	5.77%, 07/06/2014 (N)		691
		Novelis, Inc., U.S. Term Loan
	2,207	5.77%, 07/06/2014 (N)		1,521
		Smurfit-Stone Container Enterprises, Inc.
	115	3.83%, 11/01/2010 (N)		89
	5,086	4.81%, 11/01/2011 (N)		3,935
	421	4.90%, 11/01/2010 (N)		329
	1,984	5.75%, 11/01/2011 (N)		1,544
		Solo Cup Co.
	3,326	6.56%, 02/27/2011 (N)		2,851
		Verso Paper Holdings LLC
	4,544	5.51%, 07/28/2013 (N)		3,590

				209,708

		Capital Goods — 2.5%
		Ewards Ltd.
	5,918	4.81%, 05/31/2014 (H)(N)		4,438
		Hawker Beechcraft Acquisition Co.
	270	4.80%, 03/27/2014 (N)		171
	4,883	5.76%, 03/27/2014 (N)		3,084
		Lincoln Industries Corp.
	944	5.50%, 07/11/2014 (N)		774
	2,514	6.00%, 07/11/2014 (N)		2,061
	3,500	10.87%, 01/10/2015 (N)		2,625
		MacAndrews Amg Holdings LLC
	9,841	8.87%, 04/17/2012 (H)(N)		4,921
		Nacco Material Handling Group
	8,745	4.82%, 03/22/2013 (H)(N)		6,034
		Scitor Acquisition Corp.
	4,455	7.37%, 09/26/2014 (H)(N)		4,010
		Targus Group International
	8,766	6.56%, 11/22/2012 (H)(N)		4,542
		Vought Aircraft Industries, Inc.
	1,195	4.95%, 12/22/2011 (N)		944
	8,687	5.62%, 12/22/2010 (N)		6,428
		Yankee Candle Co.
	11,531	5.76%, 02/06/2014 (N)		8,124

				48,156

		Consumer Cyclical — 8.8%
		AM General LLC
	12,852	6.19%, 09/30/2013 (N)		8,611
		American Axle & Manufacturing Holdings, Inc.
	10,333	6.27%, 06/14/2012 (N)		5,787
		American General Finance Corp.
	528	5.59%, 09/30/2012 (AA)		355
		Axletech International
	2,856	5.90%, 10/20/2012 (H)(N)		2,199
	2,000	10.39%, 04/20/2013 (H)(N)		1,540
		Brand Energy & Infrastructure Services
	11,332	6.00%, 02/07/2014 (N)		8,499
	1,980	6.96%, 02/07/2014 (N)		1,485
		Contech Construction Products
	4,706	5.00%, 01/31/2013 (H)(N)		2,870
		Custom Building Products
	6,556	5.00%, 10/20/2011 — 04/20/2012 (N)		4,868
		David’s Bridal, Inc.
	4,403	5.76%, 01/25/2014 (N)		3,016
		Delphi Corp.
	16,450	7.25%, 01/15/2009 (F)(N)		13,921
		Dollarama Group L.P.
	5,850	5.17%, 11/18/2011 (N)		4,504
		Easton-Bell Sports, Inc.
	12,926	5.29%, 03/16/2012 (H)(N)		9,565
		Ford Motor Co.
	14,950	7.59%, 12/16/2013 (N)		8,162
		Foster Wheeler LLC
	5,500	4.54%, 09/12/2011 (N)		4,620
		General Motors Corp.
	8,439	5.80%, 11/27/2013 (N)		4,412
		Hanesbrands, Inc.
	3,500	7.27%, 03/05/2014 (N)(Q)		2,748
		Invista B.V.
	10,724	5.17%, 04/30/2010 (N)		8,579
		KIK Custom Products, Inc.
	3,500	8.54%, 11/23/2014 (N)		980
		Lear Corp.
	16,336	5.75%, 04/25/2012 (N)		10,537
		Levi Strauss & Co.
	18,316	6.76%, 03/09/2014 (N)		13,279
		Michaels Stores, Inc.
	8,301	5.46%, 10/31/2013 (N)		4,809
		Mother’s Work, Inc.
	4,203	4.70%, 03/09/2013 (H)(N)		2,942
		Navistar International
	3,733	5.12%, 01/19/2012 (N)		2,607
	10,267	6.42%, 01/17/2012 (N)		7,170
		The Pantry, Inc., Delayed Draw Term Loan
	663	4.87%, 05/14/2014 (H)(N)		451
		The Pantry, Inc., Term Loan B
	2,304	4.87%, 05/14/2014 (H)(N)		1,567
		Roundy’s Supermarkets, Inc.
	8,148	5.87%, 11/03/2011 (N)		6,478
		Sports Authority, Inc.
	6,272	6.01%, 04/25/2013 (H)(N)		4,390

The accompanying notes are an integral part of these financial statements.

153

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Consumer Cyclical — (continued)
		Standard Steel LLC
$	314	5.70%, 07/10/2012 (N)	$	230
	1,560	6.27%, 07/10/2012 (N)		1,139
		Tandus, Inc.
	1,698	5.32%, 05/07/2014 (N)		1,044
		Tensar Corp.
	3,291	6.92%, 10/28/2012 (H)(N)		2,468
		Toys R Us, Inc.
	14,500	6.72%, 11/30/2008 (N)		10,476
		United Subcontractors, Inc.
	3,443	8.19%, 12/27/2012 (H)(N)		1,567

				167,875

		Consumer Staples — 2.7%
		American Seafoods Group
	1,317	3.50%, 09/30/2011 (AA)		1,152
	1,496	4.56%, 09/13/2012 (N)		1,309
	12,973	5.51%, 09/30/2012 (N)		11,351
		Dean Foods Co.
	6,786	5.26%, 03/29/2014 (N)		5,078
		Dole Food Co., Inc.
	2,185	4.69%, 04/12/2013 (N)		1,557
	3,542	5.28%, 04/12/2013 (N)		2,523
	14,608	5.93%, 04/12/2013 (N)		10,408
		Huish Detergents, Inc.
	7,864	5.77%, 04/25/2014 (N)		6,156
		Michael Foods, Inc.
	4,653	4.87%, 11/21/2010 (N)		4,048
		OSI Group, Inc., German Term Loan
	646	5.76%, 09/02/2011 (N)		633
		OSI Group, Inc., U.S. Term Loan B
	4,102	5.76%, 09/02/2011 (N)		4,020
		Van Houtte, Inc., First Lien Term Loan
	3,476	6.26%, 07/09/2014 (H)(N)		2,555
		Van Houtte, Inc., Second Lien Term Loan
	474	6.26%, 07/09/2014 (N)		349

				51,139

		Energy — 2.2%
		Big West Oil LLC
	5,221	4.68%, 02/02/2015 (N)		3,394
	4,153	5.00%, 02/02/2015 (N)		2,699
		Lyondell Chemical Co.
	12,751	8.04%, 12/22/2014 (N)(Q)		7,535
		Petroleum Geo-Services
	3,706	5.51%, 07/03/2015 (N)		2,853
		Quicksilver Resources, Inc.
	6,284	7.73%, 08/05/2013 (N)		4,870
		Texas Petrochemicals L.P.
	7,344	6.13%, 06/27/2013 (N)		4,994
	2,479	6.31%, 06/27/2013 (N)		1,686
		Turbo Beta Ltd.
	5,017	14.50%, 03/12/2018 (H)(N)		4,415
		Western Refining, Inc.
	12,462	9.17%, 03/06/2014 (N)		9,222

				41,668

		Finance — 5.5%
		Amerigroup Corp.
	4,245	5.25%, 03/26/2012 (N)		3,566
		Ashtead Group plc
	9,400	4.56%, 08/21/2011 (N)		7,990
		BNY Convergex Group LLC
	3,074	6.62%, 09/30/2013 (N)(Q)		2,428
	2,192	6.77%, 09/30/2013 (N)		1,732
		BNY Convergex Group LLC & EZE Castle Software
	8,214	6.77%, 08/30/2013 (N)		6,489
		Brickman Group Holdings, Inc.
	6,907	5.12%, 01/23/2014 (H)(N)		5,296
		Buckeye Check Cashing, Inc.
	8,601	6.42%, 05/01/2012 (H)(N)		2,860
		Community Health Systems, Inc.
	310	2.25%, 07/25/2014 (AA)(Q)		251
	6,061	5.16%, 07/25/2014 (N)(Q)		4,895
		Covanta Holding Corp.
	4,529	5.31%, 02/09/2014 (N)		3,719
	2,265	5.55%, 02/09/2014 (N)		1,860
		Crescent Resources LLC
	19,596	4.50%, 09/07/2012 (N)		6,614
		Dollar Financial Corp., Delayed Draw Term Loan
	1,869	6.52%, 10/30/2012 (N)		1,308
		Dollar Financial Corp., Term Loan
	2,541	6.52%, 10/30/2012 (H)(N)		1,779
		FSB Holdings, Inc.
	1,365	5.82%, 09/29/2013 (N)		1,037
	500	9.56%, 03/29/2014 (N)		340
		Golden Gate National
	5,447	6.52%, 03/14/2011 (N)		4,466
		HMSC Corp.
	3,940	6.27%, 04/03/2014 (H)(N)		1,773
		Hub International Holdings, Inc., Delayed Draw Term Loan
	1,265	6.26%, 06/12/2014 (N)		860
		Hub International Holdings, Inc., Term Loan
	5,628	6.26%, 06/14/2014 (N)		3,827
		Kar Holdings, Inc.
	4,858	6.02%, 10/17/2013 (N)		3,088
		LNR Properties Corp.
	24,640	6.04%, 06/29/2009 — 06/29/2011 (N)		12,690
		November Land Investors LLC
	1,500	11.95%, 05/09/2012 (H)(N)		150
		Realogy Corp.
	2,496	4.47%, 10/05/2013 (AA)		1,591
	9,270	6.00%, 10/05/2014 (N)		5,909
		Rent-A-Center, Inc.
	9,545	4.81%, 10/26/2012 (N)		7,636
		Sedgwick CMS Holdings, Inc.
	7,551	6.01%, 01/31/2013 (N)		6,419
		TransFirst Holdings, Inc.
	4,938	5.75%, 06/12/2014 (H)(N)		3,580
	1,000	6.00%, 06/12/2015 (H)(N)		740

				104,893

		Health Care — 9.9%
		Advanced Medical Optics, Inc.
	8,785	4.76%, 04/02/2014 (N)		6,413

The accompanying notes are an integral part of these financial statements.

154


Principal			Market
Amount (B)			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Health Care — (continued)
		AGA Medical Corp.
$	6,408	4.85%, 04/26/2013 (H)(N)	$	5,126
		Carestream Health, Inc.
	1,500	5.25%, 10/12/2013 (N)		825
	11,906	5.43%, 04/30/2013 (N)		7,605
		Carl Zeiss
	5,718	5.62%, 03/14/2014 (H)(N)		3,145
EUR	2,500	8.73%, 03/14/2014 (H)(N)		797
		Center for Diagnostic Imaging
	4,694	7.27%, 12/31/2010 (H)(N)		4,412
		DJO Finance LLC
	6,948	6.74%, 04/07/2013 (N)		5,315
		Fresenius SE, Term Loan B
	2,353	7.15%, 10/01/2014 (N)(Q)		2,182
		Fresenius SE, Term Loan B2
	1,647	7.15%, 10/01/2014 (N)(Q)		1,499
		Generics International, Inc.
	2,978	7.26%, 11/19/2014 (H)(N)		2,382
		HCA, Inc.
	11,391	6.01%, 11/17/2013 (N)(Q)		9,396
		Healthcare Partners LLC
	9,995	5.51%, 10/20/2013 (N)		8,345
		HealthSouth Corp.
	5,128	5.50%, 03/10/2013 (N)		4,251
		IASIS Healthcare Capital Corp.
	630	4.48%, 03/15/2014 (AA)		506
	7,830	5.12%, 03/15/2014 — 06/15/2014 (N)		5,997
	6,813	8.76%, 01/15/2014 (N)		5,467
		Invacare Corp.
	1,810	5.60%, 02/07/2013 (N)		1,530
		Inverness Medical Innovation, Inc.
	1,000	4.00%, 06/26/2015 (N)		665
	5,925	4.58%, 06/27/2014 (N)		4,394
		Invitrogen Corp.
	4,440	6.26%, 09/30/2015 (N)(Q)		4,104
		LifePoint Hospitals, Inc.
	7,726	4.44%, 04/15/2012 (N)		6,278
		Multiplan Corp.
	7,032	5.63%, 04/12/2013 (N)		5,204
		National Mentor
	397	4.45%, 06/27/2013 (N)		309
	6,459	5.77%, 06/27/2013 (N)		5,038
		National Renal Institutes, Inc.
	13,152	6.06%, 03/31/2013 (N)		7,234
		Orthofix Holdings, Inc.
	8,283	8.27%, 09/22/2013 (N)		6,958
		Psychiatric Solutions, Inc.
	8,918	4.80%, 07/01/2012 (N)		7,260
		Quintiles Transnational Corp.
	6,810	5.77%, 03/31/2013 (N)		5,431
		Rite Aid Corp.
	12,940	5.01%, 06/01/2014 (N)		9,576
	4,000	6.00%, 06/04/2014 (N)		3,080
		Select Medical Corp.
	1,970	4.63%, 02/24/2012 (N)		1,487
		Select Medical Corp.
	7,671	4.91%, 02/24/2012 (N)		5,792
		Skilled Healthcare Group, Inc.
	4,889	5.25%, 06/15/2012 (N)		3,911
		Sun Healthcare Group, Inc.
	4,738	4.81%, 04/12/2014 — 04/19/2014 (N)		3,317
	529	4.85%, 04/19/2014 (N)		370
		Surgical Care Affiliates LLC
	5,925	5.76%, 12/29/2014 (N)		3,733
		United Surgical Partners International
	1,532	5.62%, 04/19/2014 (N)(Q)		1,027
	7,848	5.89%, 04/19/2014 (N)		5,258
		Vanguard Health Holdings Co. II LLC
	14,295	5.74%, 09/23/2011 (N)		12,103
		Varietal Distribution Merger Sub., Inc.
	2,080	5.67%, 06/29/2014 (N)		1,446
		Viant Holdings, Inc.
	11,336	6.02%, 06/25/2014 (N)		6,575
		Warner Chilcott Corp.
	701	5.62%, 01/18/2012 (N)		585
	3,084	5.76%, 01/18/2012 (N)		2,575
		Youth & Family Centered Services, Inc.
	2,235	6.87%, 07/10/2013 (H)(N)		1,744

				190,647

		Services — 22.4%
		24 Hour Fitness Worldwide, Inc.
	5,855	6.18%, 06/08/2012 (H)(N)		4,274
		Acosta, Inc.
	9,286	5.37%, 12/06/2012 (N)		6,531
		Advanstar Holdings Corp.
	10,800	6.01%, 06/01/2014 (N)		6,480
	2,000	7.80%, 12/01/2014 (H)(N)		550
		Advantage Sales & Marketing, Inc.
	15,633	5.20%, 03/29/2013 (N)		10,787
		Affinion Group, Inc.
	14,049	5.32%, 10/17/2012 (N)		10,888
		Allied Waste Industries, Inc.
	5,436	4.01%, 01/15/2012 (AA)		5,187
		AMC Entertainment, Inc.
	5,840	5.01%, 01/26/2013 (N)		4,405
		Bresnan Communications LLC
	8,000	4.86%, 09/29/2013 (N)		6,240
		Brock Holdings III, Inc.
	3,516	5.76%, 02/21/2014 (N)		2,391
		Cardinal Logistics Management
	5,482	7.25%, 09/23/2013 (H)(N)		3,015
		Carmike Cinemas, Inc.
	5,576	6.31%, 05/19/2012 (N)		4,210
	1,719	6.47%, 09/29/2011 (N)		1,298
		Cebridge Communications LLC
	5,876	6.21%, 11/05/2013 (N)		4,278
	10,000	7.30%, 05/05/2014 (N)		6,400
		Cedar Fair L.P.
	10,534	5.12%, 06/12/2012 — 07/21/2013 (N)		7,621
		Cengage
	5,860	5.62%, 07/05/2014 (N)		4,336
		Centaur LLC
	2,429	9.76%, 10/30/2012 (N)		1,542
	2,055	14.76%, 10/30/2013 (H)(N)		1,028
		Citadel Broadcasting Corp.
	17,000	5.28%, 06/08/2014 (N)		9,010
		Clarke American Corp.
	18,753	6.29%, 02/28/2014 (N)		11,916

The accompanying notes are an integral part of these financial statements.

155

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Services — (continued)
		CMP Susquehanna Corp.
$	12,642	5.25%, 03/24/2013 (H)(N)	$	4,973
		CSC Holdings, Inc.
	3,830	4.57%, 03/29/2013 (N)		3,252
		Cumulus Media, Inc.
	16,426	4.01%, 06/01/2014 (N)		9,280
		CW Media Holdings, Inc.
	7,920	7.01%, 02/15/2015 (N)		6,336
		Dex Media West LLC, Inc.
	8,000	7.54%, 10/24/2014 (N)		4,450
		Emdeon Business Services LLC
	5,124	5.76%, 11/16/2013 (N)		3,740
	4,000	8.76%, 05/16/2014 (N)		2,600
		Energy Solutions, LLC, Add-On Letter of Credit
	1,514	5.47%, 06/07/2013 (N)		1,105
		Energy Solutions, LLC, LC Facility
	148	6.01%, 06/07/2013 (N)		108
		Energy Solutions, LLC, Term Loan B
	2,500	5.47%, 06/07/2013 (N)		1,825
		Energy Solutions, LLC, Term Loan B2
	1,394	6.01%, 06/07/2013 (N)		1,018
		F & W Publications, Inc.
	4,500	5.06%, 08/05/2012 (H)(N)		1,125
		F & W Publications, Inc., First Lien Term Loan
	7,004	7.46%, 08/05/2012 (H)(N)		3,152
		F & W Publications, Inc., Term Loan B Add-On
	1,474	7.46%, 08/05/2012 (N)		663
		Golden Nugget, Inc.
	1,455	4.00%, 06/22/2014 (H)(N)(Q)		698
	3,750	5.24%, 12/31/2014 (H)(N)		1,313
	2,545	6.51%, 06/22/2014 (H)(N)		1,222
		Gray Television, Inc.
	11,298	5.04%, 12/31/2014 (N)		5,310
		Greektown Holdings LLC, Incremental Term Loan
	2,200	5.75%, 12/03/2012 (N)		1,509
		Greektown Holdings LLC, Term Loan B
	2,493	5.75%, 12/03/2012 (N)		1,710
		Green Valley Ranch Gaming LLC
	6,560	5.00%, 02/09/2014 (H)(N)		2,624
	2,846	6.25%, 02/09/2014 (N)		1,494
		Greenwood Racing, Inc.
	8,365	5.43%, 11/14/2011 (N)		6,065
		Hit Entertainment, Inc.
	1,475	4.80%, 08/26/2012 (H)(N)		915
		Idearc, Inc.
	16,428	5.74%, 11/17/2014 (N)		6,818
		inVentiv Health, Inc.
	10,752	5.52%, 07/07/2014 (N)		8,548
		Las Vegas Sands Corp.
	2,000	5.52%, 05/23/2013 (N)(Q)		1,136
		Las Vegas Sands Corp., Delayed Draw Term Loan 1
	3,709	5.52%, 05/23/2014 (N)		2,107
		Las Vegas Sands Corp., Term Loan B
	14,504	5.52%, 05/23/2014 (N)		8,238
		LBI Media, Inc.
	10,517	4.62%, 05/01/2012 (H)(N)		5,785
		Medianews Groups, Inc.
	3,629	7.07%, 08/02/2013 (N)		2,012
		MGM Mirage, Inc.
	12,721	4.86%, 10/03/2011 (H)(N)		8,167
		Nelson Education
	5,940	6.26%, 07/05/2014 (H)(N)		4,856
		NEP Supershooters L.P.
	7,880	6.01%, 02/13/2014 (N)		5,674
		New World Gaming Partners Ltd.
	4,000	9.55%, 03/31/2015 (H)(N)		2,020
		New World Gaming Partners Ltd., Delayed Draw Term Loan
	167	6.55%, 09/30/2014 (N)		99
		New World Gaming Partners Ltd., First Lien Term Loan
	827	6.55%, 09/30/2014 (N)		491
		Penton Media, Inc.
	7,388	5.66%, 02/06/2013 (N)		4,008
	4,000	8.42%, 02/06/2014 (H)(N)		1,720
		Philosophy, Inc.
	6,488	5.12%, 03/17/2014 (H)(N)		4,260
		Pinnacle Foods
	20,209	6.76%, 03/30/2014 (N)		14,437
		R.H. Donnelley, Inc.
	5,949	6.75%, 06/30/2011 (N)		3,815
	7,433	6.85%, 06/30/2011 (N)		4,748
		Raycom TV Broadcasting, Inc.
	14,229	3.69%, 07/27/2013 (H)(N)		11,383
		Readers Digest Association, Inc.
	13,178	5.23%, 03/02/2014 (N)		6,984
	5,000	5.32%, 03/02/2013 (H)(N)(Q)		2,900
		Regal Cinemas, Inc.
	12,888	5.26%, 10/27/2013 (N)		9,660
		Sabre, Inc.
	10,380	5.25%, 09/30/2014 (N)		5,824
		Sensata Technologies
	11,955	5.26%, 04/21/2013 (N)		7,501
		Sheridan Group, Inc.
	8,858	7.00%, 06/15/2014 (N)		7,164
	2,000	10.39%, 06/15/2015 (H)(N)		1,360
		Sirius Satellite Radio, Inc.
	14,355	5.44%, 09/01/2012 (N)		8,326
		Six Flags, Inc.
	6,277	6.06%, 04/30/2015 (N)		4,023
		Southern Graphic Systems
	1,810	5.26%, 12/30/2011 (H)(N)		1,321
	987	6.27%, 12/30/2011 (H)(N)		720
		Spanish Broadcasting System, Inc.
	16,463	4.45%, 06/10/2012 (H)(N)		6,475
		SunGard Data Systems, Inc.
	4,634	4.55%, 02/28/2014 (N)		3,536
	5,000	6.75%, 02/28/2014 (N)		4,325
		Synagro Technologies, Inc.
	3,950	4.81%, 03/28/2014 (N)		2,963
	2,000	7.56%, 09/28/2014 (N)		860
		Telesat Canada
	5,982	6.34%, 09/01/2014 (N)		4,544
	456	6.45%, 09/01/2014 (N)		346

The accompanying notes are an integral part of these financial statements.

156


Principal			Market
Amount			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Services — (continued)
		Town Sports International Holdings, Inc.
$	5,915	5.25%, 02/27/2014 (H)(N)	$	3,549
		Transaction Network Services, Inc.
	4,140	4.80%, 05/10/2013 (N)		3,478
		Tribune Co.
	4,752	6.00%, 05/18/2009 (N)		3,718
	7,667	7.08%, 06/04/2014 (N)		3,423
		United Site Services, Inc.
	1,800	8.01%, 06/29/2013 (H)(N)		1,080
		Univision Communications
	5,394	5.50%, 03/16/2009 (N)		4,620
		UPC Financing Partnership
	13,500	5.47%, 12/31/2014 (N)		9,155
		Venetian Macau Ltd.
	4,167	6.02%, 04/06/2012 (N)		2,637
	4,701	6.02%, 05/25/2012 — 05/25/2013 (N)(Q)		2,976
		West Corp.
	18,436	5.40%, 10/24/2013 (N)		11,730
		WideOpenWest Finance LLC
	14,000	5.63%, 07/01/2014 (N)		8,470
	5,255	10.93%, 06/29/2015 (H)(N)		2,627
		Wynn Resorts Ltd.
	7,500	5.26%, 06/12/2010 (N)		7,050
		Yell Group plc
	3,000	6.12%, 02/10/2013 (N)		1,946
		Yonkers Racing Corp.
	4,683	10.69%, 08/12/2011 (N)		3,981

				428,468

		Technology — 9.6%
		Alaska Communication Systems Holdings, Inc., Incremental Term Loan
	2,190	5.51%, 02/01/2012 (N)		1,759
		Alaska Communication Systems Holdings, Inc., Term Loan
	5,995	5.51%, 02/01/2012 (N)		4,816
		Brocade Communications Systems, Inc.
	8,333	7.00%, 09/30/2013 (N)		7,291
		Canwest MediaWorks L.P.
	4,928	4.81%, 07/10/2014 (N)		3,449
		Caribe Information Investment, Inc.
	11,813	5.58%, 03/29/2013 (H)(N)		8,269
		Charter Communications Operating LLC
	2,000	5.47%, 04/28/2013 (N)(Q)		1,477
		Cinram International
	5,542	4.80%, 05/05/2010 (N)		3,879
		Crown Castle Operating Co.
	6,371	5.38%, 03/06/2014 (N)		4,778
		DaVita, Inc.
	2,000	4.20%, 10/05/2011 (N)		1,700
		Fleetcor Technologies Operating Co. LLC, Delayed Draw Term Loan
	2,285	5.97%, 04/30/2013 (N)		1,531
		Fleetcor Technologies Operating Co. LLC, Term Loan B
	6,470	5.97%, 04/30/2013 (N)		4,335
		Freescale Semiconductor, Inc.
	6,430	5.47%, 11/28/2013 (N)		4,288
		Gatehouse Media Operating, Inc.
	17,791	4.81%, 08/05/2014 (N)(Q)		3,685
	5,519	4.98%, 08/05/2014 (N)(Q)		1,143
		Hawaiian Telecom Communications, Inc.
	5,958	6.26%, 06/01/2014 (N)		2,867
		Infor Global Solutions
	988	6.52%, 07/28/2012 (N)		575
	2,000	9.26%, 03/02/2014 (N)		670
	3,000	10.01%, 03/02/2014 (N)		953
		Infor Global Solutions, Delayed Draw Term Loan
	1,968	7.52%, 07/28/2012 (N)		1,200
		Infor Global Solutions, U.S. Term Loan
	3,772	7.52%, 07/28/2012 (N)		2,301
		Intelsat Bermuda Ltd., Term Loan B 2A
	3,368	6.65%, 01/03/2014 (N)		2,786
		Intelsat Bermuda Ltd., Term Loan B 2B
	3,363	6.65%, 01/03/2014 (N)		2,782
		Intelsat Bermuda Ltd., Term Loan B 2C
	3,363	6.65%, 01/03/2014 (N)		2,782
		Intesat Ltd.
	3,430	6.65%, 07/03/2012 (N)		2,954
		IPC Systems, Inc.
	11,274	6.01%, 05/31/2014 (H)(N)		5,581
		Kronos, Inc.
	6,843	6.01%, 06/12/2014 (N)		4,653
		Leap Wireless International, Inc.
	3,825	7.26%, 06/17/2013 (N)		3,221
		Level 3 Communications Corp.
	11,941	7.00%, 03/01/2014 (N)		8,560
		Mediacom Broadband LLC
	7,980	6.50%, 01/03/2016 (N)		6,593
		Mediacom Broadband LLC, Term Loan D1
	7,416	5.25%, 01/31/2015 (N)		5,340
		Mediacom Broadband LLC, Term Loan D2
	5,324	5.25%, 01/31/2015 (N)		3,833
		Mediacom LLC
	8,686	5.00%, 09/30/2012 — 01/31/2015 (N)		6,412
		MetroPCS Wireless, Inc.
	9,110	5.18%, 11/04/2013 (N)		7,429
		National Cinemedia, Inc.
	9,000	4.57%, 02/13/2015 (N)		6,138
		Ntelos, Inc.
	11,284	5.37%, 08/24/2011 (N)		9,629
		One Communications Corp.
	7,701	6.89%, 06/30/2012 (N)		4,467
		PAETEC Holding Corp.
	5,120	5.62%, 02/09/2013 (N)		3,465
		RCN Corp.
	12,442	6.06%, 04/19/2014 (N)		8,896
		Reynolds & Reynolds Co.
	9,433	5.17%, 10/24/2012 (N)		5,990
		Time Warner Telecom Holdings, Inc.
	8,316	5.12%, 07/01/2013 (N)		6,612
		Verint Systems, Inc.
	11,262	6.25%, 05/23/2014 (H)(N)		7,658
		Virgin Media Dover LLC
	5,329	5.83%, 09/03/2012 (N)		3,784
		Wind Acquisitions Holdings Finance S.A.
	6,163	11.75%, 12/12/2011 (N)		3,513

				184,044

The accompanying notes are an integral part of these financial statements.

157

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Transportation — 3.0%
		Delta Air Lines, Inc.
$	4,950	5.00%, 04/25/2012 (N)			$	3,151
		Jacobson Cos.
	3,950	6.12%, 06/19/2014 (H)(N)				2,344
		Kenan Advantage Group
	5,677	3.00%, 12/16/2011 (H)(N)				3,690
		Louis US Holdco, Inc.
	828	5.80%, 11/04/2013 (N)				513
	2,494	6.17%, 11/04/2013 (N)				1,546
		MacQuarie Aircraft Leasing Finance S.A.
	18,744	4.31%, 11/29/2013 (H)(N)(Q)				15,933
	4,984	6.81%, 11/29/2013 (H)(N)				4,635
		Northwest Airlines Corp.
	9,153	5.00%, 08/21/2013 (N)				7,103
		RailAmerica Transportation
	11,270	4.00%, 06/30/2009 (N)				9,974
	730	7.88%, 06/30/2009 (N)				646
		United Air Lines, Inc.
	6,453	5.65%, 02/01/2014 (N)				3,600
		US Airways Group, Inc.
	9,990	5.72%, 03/23/2014 (N)				5,145

						58,280

		Utilities — 2.9%
		Astoria Generating Co. Acquisitions LLC
	9,500	6.96%, 08/23/2013 (N)				6,397
		Atlas Pipeline Partners L.P.
	9,000	5.68%, 07/27/2014 (N)				7,200
		Calpine Corp.
	9,469	6.65%, 03/29/2014 (N)(Q)				7,549
		Dynegy Holdings, Inc., Letter of Credit
	10,349	4.62%, 03/30/2013 (N)				7,814
		Dynegy Holdings, Inc., Term Loan
	638	4.62%, 03/30/2013 (N)				478
		Kgen LLC
	3,274	5.56%, 02/01/2014 (N)				2,128
	5,361	6.00%, 02/01/2014 (N)				3,485
		NRG Energy, Inc.
	763	3.66%, 06/08/2013 (N)				666
	5,781	5.26%, 02/01/2013 (N)				5,045
		Reliant Energy, Inc.
	9,000	3.60%, 03/31/2014 (AA)				6,682
		Texas Competitive Electric Holdings Co. LLC
	6,860	6.44%, 10/12/2014 (N)				5,371
		TPF Generation Holdings LLC
	5,250	8.01%, 12/21/2014 (N)				3,465

						56,280

		Total senior floating rate interests: non-investment grade (cost $2,236,783)			$	1,541,158



					Market
Shares					Value (W)

COMMON STOCK — 0.0%
		Utilities — 0.0%
	4	Calpine Corp. (D)			$	44

		Total common stock (cost $ — )			$	44

		Total long-term investments (cost $2,318,997)			$	1,591,162



SHORT-TERM INVESTMENTS — 11.8%
		Investment Pools and Funds — 1.2%
	23,344	State Street Bank Money Market Fund			$	23,344



Principal
Amount

		Repurchase Agreements — 8.1%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $78,512, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $79,893)
$	78,511	0.15% dated 10/31/2008				78,511
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $63,270, collateralized by U.S. Treasury Note 4.13%, 2012, value of $64,539)
	63,269	0.10% dated 10/31/2008				63,269
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $12,701, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $12,897)
	12,701	0.08% dated 10/31/2008				12,701

						154,481

		U.S. Treasury Bills — 2.5%
	48,121	0.05%, 11/13/2008 (M)				48,120

		Total short-term investments (cost $225,945)			$	225,945

		Total investments (cost $2,544,942) (C)	94.8	%	$	1,817,107
		Other assets and liabilities	5.2	%		99,187

		Total net assets	100.0	%	$	1,916,294


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 2.29% of total net assets at October 31, 2008.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $2,555,553 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	44
Unrealized Depreciation		(738,490	)

Net Unrealized Depreciation	$	(738,446	)


#		This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

The accompanying notes are an integral part of these financial statements.

158


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $186, which represents 0.01% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(AA)		The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2008.

(CC)		Perpetual maturity security. Maturity date shown is the first call date.

(D)		Currently non-income producing.

(F)		The company is in bankruptcy. The investment held by the fund is not in default.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $1,360, which represents 0.07% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(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 October 31, 2008.

(Q)		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2008 was $25,235.

(V)		Senior floating rate interests 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 October 31, 2008.

(B)		All principal amounts are in U.S. dollars unless otherwise indicated.


EUR — Euro


(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
06/2005 – 09/2007	$	5,855	24 Hour Fitness Worldwide, Inc., 6.18%, 06/08/2012	$	5,823
06/2007		2,000	Advanstar Holdings Corp., 7.80%, 12/01/2014		2,000
04/2006 – 01/2007		6,408	AGA Medical Corp., 4.85%, 04/26/2013		6,409
02/2007 – 09/2007		7,250	Arizona Chemical Co., 8.31%, 02/27/2014		7,168
01/2006 – 07/2006		2,856	Axletech International, 5.90%, 10/20/2012		2,865
10/2005 – 01/2006		2,000	Axletech International, 10.39%, 04/20/2013		2,003
04/2007		2,600	Bayview Financial Acquisition Trust, 5.39%, 05/28/2037		2,600
02/2008 – 08/2008		6,500	Boise Paper Holdings LLC, 10.00%, 02/20/2015		6,101
01/2007 – 04/2008		6,907	Brickman Group Holdings, Inc., 5.12%, 01/23/2014		6,824
04/2006 – 05/2008		8,601	Buckeye Check Cashing, Inc., 6.42%, 05/01/2012		8,280
03/2007 – 04/2008		5,482	Cardinal Logistics Management, 7.25%, 09/23/2013		5,367
03/2006 – 06/2007		11,813	Caribe Information Investment, Inc., 5.58%, 03/29/2013		11,834
03/2007		5,718	Carl Zeiss, 5.62%, 03/14/2014		5,718
03/2007 –		2,500	Carl Zeiss, 8.73%, 03/14/2014		3,363
08/2007
10/2007 –		2,055	Centaur LLC, 14.76%, 10/30/2013		2,021
10/2008
09/2006 – 04/2008		4,694	Center for Diagnostic Imaging, 7.27%, 12/31/2010		4,503
05/2006 – 09/2006		12,642	CMP Susquehanna Corp., 5.25%, 03/24/2013		12,645
02/2006 – 12/2006		4,706	Contech Construction Products, 5.00%, 01/31/2013		4,709
10/2006 – 11/2006		2,541	Dollar Financial Corp., Term Loan, 6.52%, 10/30/2012		2,545
11/2006 – 05/2007		12,926	Easton-Bell Sports, Inc., 5.29%, 03/16/2012		12,939
05/2007 –		5,918	Ewards Ltd., 4.81%, 05/31/2014		5,763
09/2007
03/2007 – 08/2007		4,500	F & W Publications, Inc., 5.06%, 08/05/2012		4,490
02/2006 – 11/2006		7,004	F & W Publications, Inc., First Lien Term Loan, 7.46%, 08/05/2012		7,011
11/2007		2,978	Generics International, Inc., 7.26%, 11/19/2014		2,948
06/2008 – 07/2008		1,455	Golden Nugget, Inc., 4.00%, 06/22/2014		1,455
06/2007		3,750	Golden Nugget, Inc., 5.24%, 12/31/2014		3,750
06/2007 – 07/2007		2,545	Golden Nugget, Inc., 6.51%, 06/22/2014		2,543
03/2007		16,967	Goldman Sachs Mortgage Securities Corp., 5.55%, 02/01/2009 - Reg D		16,967
02/2007		6,560	Green Valley Ranch Gaming LLC, 5.00%, 02/09/2014		6,590
04/2007		5,000	Helios Finance L.P., 6.63%, 10/20/2014 - 144A		5,000

The accompanying notes are an integral part of these financial statements.

159

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Period
Acquired	Par		Security	Cost Basis
08/2005 – 04/2007	$	1,475	Hit Entertainment, Inc., 4.80%, 08/26/2012	$	1,475
04/2007		3,940	HMSC Corp., 6.27%, 04/03/2014		3,944
05/2007 –		11,274	IPC Systems, Inc., 6.01%, 05/31/2014		11,283
06/2007
06/2007		3,950	Jacobson Cos., 6.12%, 06/19/2014		3,950
12/2005 – 05/2007		5,677	Kenan Advantage Group, 3.00%, 12/16/2011		5,702
04/2006 –		10,517	LBI Media, Inc., 4.62%, 05/01/2012		10,494
01/2007
04/2008 – 08/2008		2,000	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		1,926
04/2007 – 01/2008		9,841	MacAndrews Amg Holdings LLC, 8.87%, 04/17/2012		9,686
03/2007 – 05/2007		18,744	MacQuarie Aircraft Leasing Finance S.A., 4.31%, 11/29/2013		18,744
03/2007		4,984	MacQuarie Aircraft Leasing Finance S.A., 6.81%, 11/29/2013		4,984
09/2005 –		8,451	Mega Bloks, Inc., 8.75%, 07/26/2012		8,275
04/2008
		12,721	MGM Mirage, Inc., 4.86%, 10/03/2011		12,613
03/2007		4,203	Mother’s Work, Inc., 4.70%, 03/09/2013		4,203
12/2006 – 06/2007		8,745	Nacco Material Handling Group, 4.82%, 03/22/2013		8,759
07/2007		5,940	Nelson Education, 6.26%, 07/05/2014		5,925
07/2007		4,000	New World Gaming Partners Ltd., 9.55%, 03/31/2015		4,000
05/2006		1,500	November Land Investors LLC, 11.95%, 05/09/2012		1,510
05/2007		663	The Pantry, Inc., Delayed Draw Term Loan, 4.87%, 05/14/2014		663
05/2007		2,304	The Pantry, Inc., Term Loan B, 4.87%, 05/14/2014		2,304
02/2007 – 05/2007		4,000	Penton Media, Inc., 8.42%, 02/06/2014		4,052
03/2007 –		6,488	Philosophy, Inc., 5.12%, 03/17/2014		6,250
10/2007
02/2006 – 05/2007		14,229	Raycom TV Broadcasting, Inc., 3.69%, 07/27/2013		14,225
03/2008		5,000	Readers Digest Association, Inc., 5.32%, 03/02/2013		5,000
09/2007		4,455	Scitor Acquisition Corp., 7.37%, 09/26/2014		4,410
06/2007		2,000	Sheridan Group, Inc., 10.39%, 06/15/2015		2,000
12/2005		1,810	Southern Graphic Systems, 5.26%, 12/30/2011		1,810
03/2007		987	Southern Graphic Systems, 6.27%, 12/30/2011		987
07/2006 – 04/2007		16,463	Spanish Broadcasting System, Inc., 4.45%, 06/10/2012		16,475
10/2006 – 05/2007		6,272	Sports Authority, Inc., 6.01%, 04/25/2013		6,273
03/2007		4,453	Structured Asset Securities Corp., 5.76%, 02/25/2037		4,385
01/2007 – 06/2007		8,766	Targus Group International, 6.56%, 11/22/2012		8,715
10/2005 –		3,291	Tensar Corp., 6.92%, 10/28/2012		3,291
06/2006
06/2007 – 08/2007		5,915	Town Sports International Holdings, Inc., 5.25%, 02/27/2014		5,785
06/2007		4,938	TransFirst Holdings, Inc., 5.75%, 06/12/2014		4,948
06/2007		1,000	TransFirst Holdings, Inc., 6.00%, 06/12/2015		1,000
06/2008 –		5,017	Turbo Beta Ltd., 14.50%, 03/12/2018		5,017
08/2008
07/2006		1,800	United Site Services, Inc., 8.01%, 06/29/2013		1,782
01/2006 – 10/2008		3,443	United Subcontractors, Inc., 8.19%, 12/27/2012		3,441
07/2007		3,476	Van Houtte, Inc., First Lien Term Loan, 6.26%, 07/09/2014		3,476
05/2007 – 09/2007		11,262	Verint Systems, Inc., 6.25%, 05/23/2014		11,153
03/2007		4,363	Wells Fargo Home Equity Trust, 5.51%, 03/25/2037		4,190
06/2007 – 10/2008		5,255	WideOpenWest Finance LLC, 10.93%, 06/29/2015		5,088
07/2006		2,235	Youth & Family Centered Services, Inc., 6.87%, 07/10/2013		2,235


		The aggregate value of these securities at October 31, 2008 was $257,634 which represents 13.44% 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.

160

The Hartford Fundamental Growth Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 96.2%
		Capital Goods — 5.9%
	5	Caterpillar, Inc.	$	187
	36	General Electric Co.		704
	23	Honeywell International, Inc.		697
	14	Precision Castparts Corp.		882
	17	Tyco International Ltd.		432

				2,902

		Consumer Durables & Apparel — 2.7%
	24	Coach, Inc. (D)(G)		503
	15	NIKE, Inc. Class B (G)		841

				1,344

		Consumer Services — 1.0%
	8	McDonald’s Corp.		475

		Diversified Financials — 3.2%
	16	Capital One Financial Corp.		634
	5	Goldman Sachs Group, Inc.		435
	13	JP Morgan Chase & Co.		515

				1,584

		Energy — 12.0%
	18	Apache Corp.		1,498
	6	Devon Energy Corp.		485
	6	EOG Resources, Inc.		494
	14	Halliburton Co. (G)		277
	41	Hercules Offshore, Inc. (D)(G)		296
	13	Hess Corp.		759
	30	Marathon Oil Corp.		879
	24	National Oilwell Varco, Inc. (D)		711
	14	Noble Corp.		435
	2	Schlumberger Ltd.		119

				5,953

		Food & Staples Retailing — 3.3%
	27	CVS/Caremark Corp. (G)		812
	15	Wal-Mart Stores, Inc.		832

				1,644

		Food, Beverage & Tobacco — 3.8%
	12	PepsiCo, Inc.		684
	28	Philip Morris International, Inc.		1,196

				1,880

		Health Care Equipment & Services — 8.4%
	37	Coventry Health Care, Inc. (D)		494
	17	Covidien Ltd.		757
	14	Medtronic, Inc.		548
	25	St. Jude Medical, Inc. (D)		951
	36	Wellpoint, Inc. (D)		1,384

				4,134

		Household & Personal Products — 1.5%
	12	Procter & Gamble Co.		742

		Insurance — 1.9%
	22	Aflac, Inc.		956

		Materials — 2.6%
	23	Freeport-McMoRan Copper & Gold, Inc. (G)		672
	7	Potash Corp. of Saskatchewan, Inc.		623

				1,295

		Media — 1.2%
	22	Walt Disney Co. (G)		570

		Pharmaceuticals, Biotechnology & Life Sciences — 10.0%
	16	Abbott Laboratories		871
	15	Amgen, Inc. (D)		898
	23	AstraZeneca plc ADR (G)		960
	19	Genzyme Corp. (D)		1,363
	14	Johnson & Johnson		847

				4,939

		Retailing — 4.7%
	27	Gymboree Corp. (D)(G)		709
	26	Kohl’s Corp. (D)		903
	36	Staples, Inc. (G)		705

				2,317

		Semiconductors & Semiconductor Equipment — 1.1%
	33	Intel Corp.		533

		Software & Services — 11.7%
	41	Accenture Ltd. Class A (G)		1,352
	2	Google, Inc. (D)		719
	74	Microsoft Corp.		1,659
	79	Oracle Corp. (D)		1,439
	39	Western Union Co.		587

				5,756

		Technology Hardware & Equipment — 17.1%
	9	Apple, Inc. (D)		990
	87	Cisco Systems, Inc. (D)		1,553
	64	Corning, Inc.		695
	26	EMC Corp. (D)(G)		302
	40	Hewlett-Packard Co.		1,516
	13	International Business Machines Corp.		1,162
	52	Nokia Corp. (G)		789
	17	Qualcomm, Inc.		639
	16	Research In Motion Ltd. (D)		817

				8,463

		Telecommunication Services — 2.8%
	35	AT&T, Inc.		934
	18	NII Holdings, Inc. Class B (D)(G)		461

				1,395

		Transportation — 1.3%
	11	Norfolk Southern Corp.		653

		Total common stock (cost $60,400)	$	47,535



Principal
Amount

SHORT-TERM INVESTMENTS — 14.1%
		Repurchase Agreements — 3.5%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $777, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $795)
$	777	0.25% dated 10/31/2008	$	777

The accompanying notes are an integral part of these financial statements.

161

The Hartford Fundamental Growth Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)

		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $84, collateralized by FNMA 5.50%, 2037, value of $86)
$	84	0.25% dated 10/31/2008			$	84
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $3)
	3	0.08% dated 10/31/2008				3
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $361, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $368)
	361	0.25% dated 10/31/2008				361
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $475, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $485)
	475	0.23% dated 10/31/2008				475

						1,700



Shares

		Securities Purchased with Proceeds from Security Lending — 10.6%
		Cash Collateral Reinvestment Fund:
	5,246	State Street Navigator Securities Lending Prime Portfolio				5,246

		Total short-term investments (cost $6,946)			$	6,946

		Total investments (cost $67,346) (C)	110.3	%	$	54,481
		Other assets and liabilities	(10.3	)%		(5,090	)

		Total net assets	100.0	%	$	49,391


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 6.46% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $68,826 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	268
Unrealized Depreciation		(14,613	)

Net Unrealized Depreciation	$	(14,345	)


(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(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 Global Communications Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
COMMON STOCK — 90.9%
		Argentina — 0.6%
	22	Telecom de Argentina ADR (D)			$	126

		Brazil — 5.6%
	46	Brasil Telecom S.A. ADR				830
	30	Tele Norte Leste Participacoes S.A. ADR				405

						1,235

		Canada — 1.3%
	8	Telus Corp.				297

		Egypt — 1.1%
	13	Mobinil-Egyptian Mobile Service				247

		France — 6.5%
	58	France Telecom S.A.				1,452

		Germany — 6.4%
	96	Deutsche Telekom AG				1,414

		Indonesia — 2.5%
	28	P.T. Telekomunikasi Indonesia ADR				555

		Israel — 5.9%
	15	Cellcom Israel Ltd.				427
	47	Partner Communications Co., Ltd. ADR				880

						1,307

		Italy — 3.0%
	802	Telecom Italia S.p.A.				675

		Luxembourg — 4.5%
	25	Millicom International Cellular S.A.				1,008

		Mexico — 1.5%
	11	America Movil S.A.B. de C.V. ADR				346

		Russia — 13.9%
	41	AFK Sistema GDR				308
	33	Mobile Telesystems OJSC ADR				1,276
	104	Vimpel-Communications ADR				1,510

						3,094

		South Africa — 5.0%
	98	MTN Group Ltd.				1,103

		Spain — 9.1%
	36	Telefonica S.A. ADR				2,015

		Turkey — 3.8%
	68	Turkcell Iletisim Hizmetleri AS ADR				838

		United States — 20.2%
	19	American Tower Corp. Class A (D)				615
	24	AT&T, Inc.				632
	17	Equinix, Inc. (D)				1,055
	58	NII Holdings, Inc. Class B (D)				1,491
	105	Qwest Communications International, Inc.				301
	55	TW Telecom, Inc. (D)				390

						4,484

		Total common stock (cost $30,120)			$	20,196



WARRANTS — 3.4%
		India — 3.4%
	57	Citigroup Global Certificate — Bharti Televentures (H)			$	757

		Total warrants (cost $650)			$	757



PREFERRED STOCK — 3.7%
		Brazil — 3.7%
	32	Telemar Norte Leste S.A.			$	814

		Total preferred stock (cost $924)			$	814

		Total long-term investments (cost $31,694)			$	21,767



Principal
Amount

SHORT-TERM INVESTMENTS — 1.3%
		Repurchase Agreements — 1.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $134, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $137)
$	134	0.25% dated 10/31/2008			$	134
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $15, collateralized by FNMA 5.50%, 2037, value of $15)
	14	0.25% dated 10/31/2008				14
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $1)
	1	0.08% dated 10/31/2008				1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $62, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $63)
	62	0.25% dated 10/31/2008				62
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $82, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $84)
	82	0.23% dated 10/31/2008				82

		Total short-term investments (cost $293)			$	293

		Total investments (cost $31,987) (C)	99.3	%	$	22,060
		Other assets and liabilities	0.7	%		160

		Total net assets	100.0	%	$	22,220


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 77.78% of total net assets at October 31, 2008.

The accompanying notes are an integral part of these financial statements.

163

The Hartford Global Communications Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $32,067 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	554
Unrealized Depreciation		(10,561	)

Net Unrealized Depreciation	$	(10,007	)


(D)		Currently non-income producing.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis
08/2005 – 01/2008		57	Citigroup Global Certificate - Bharti Televentures - 144A	$	650


		The aggregate value of these securities at October 31, 2008 was $757 which represents 3.41% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Norwegian Krone (Sell)	$	660	$	670		11/03/08	$	10
Norwegian Krone (Sell)		210		213		11/04/08		3
South African Rand (Sell)		106		103		11/06/08		(3	)

							$	10


(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Alternative Carriers		1.8	%


Integrated Telecommunication Services		48		.3


Internet Software & Services		4		.7


Wireless Telecommunication Services		43		.2


Short-Term Investments		1		.3


Other Assets and Liabilities		0		.7


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

164

The Hartford Global Equity Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — 95.4%
		Automobiles & Components — 1.2%
	3	Ford Motor Co. (D)	$	8
	4	Honda Motor Co., Ltd.		101
	1	Michelin (C.G.D.E.) Class B		44
	1	Peugeot S.A.		20

				173

		Banks — 7.6%
	2	Banco Bilbao Vizcaya Argentaria S.A.		28
	6	Banco Itau Holding Financeira S.p.A. ADR		69
	15	Bangkok Bank plc		31
	2	Bank of Nova Scotia		58
	1	BNP Paribas		41
	10	Citizens Republic Bancorp, Inc.		28
	8	Commerzbank AG		83
	15	DBS Group Holdings Ltd.		118
	6	DNB Nor ASA		36
	4	First National Financial, Inc.		32
	1	HDFC Bank Ltd.		33
	2	Huntington Bancshares, Inc.		15
	1	KBC Groep N.V.		27
	7	National City Corp.		19
	1	PNC Financial Services Group, Inc.		60
	6	Popular, Inc.		49
	1	Societe Generale Class A		61
	3	Sparebanken Midt-Norge		11
	4	Standard Chartered plc		72
	—	Sumitomo Mitsui Financial Group, Inc.		40
	1	Toronto-Dominion Bank		52
	1	Toronto-Dominion Bank ADR		59
	2	Wells Fargo & Co.		54

				1,076

		Capital Goods — 5.1%
	—	Alstom RGPT		7
	—	AMETEK, Inc.		9
	1	Atlas Copco Ab		5
	—	Carlisle Cos., Inc.		3
	1	Cubic Corp.		13
	2	Danaher Corp.		144
	—	Esterline Technologies Corp. (D)		14
	—	Flowserve Corp.		4
	—	General Dynamics Corp.		16
	4	General Electric Co.		73
	5	Hino Motors Ltd.		12
	1	Hochtief AG		22
	2	Honeywell International, Inc.		47
	—	Hyundai Heavy Industries (D)		5
	—	Illinois Tool Works, Inc.		12
	1	Lockheed Martin Corp.		86
	1	Pentair, Inc.		17
	—	Precision Castparts Corp.		15
	610	Rolls-Royce Group - C Share Entitlement (A)(H)		—
	11	Rolls-Royce Group plc		56
	2	Siemens AG		93
	—	SPX Corp.		4
	—	United Technologies Corp.		22
	1	Vinci S.A.		36
	1	Volvo Ab Class B		7

				722

		Commercial & Professional Services — 0.0%
	3	Agrenco, Ltd. (D)		—
	—	Manpower, Inc.		7

				7

		Consumer Durables & Apparel — 0.5%
	—	Adidas-Salomon AG		8
	1	American Apparel, Inc. (D)		9
	29	China Dongxiang Group Co.		8
	—	CIE Financiere Richemont S.A.		4
	—	Fossil, Inc. (D)		5
	1	Iconix Brand Group, Inc. (D)		7
	1	Newell Rubbermaid, Inc.		19
	16	Peace Mark Holdings Ltd. (A)(H)		—
	—	Reinet Investments S.A. (D)		—
	—	Reinet Investments Temporary Shares (A)(D)		2
	—	Under Armour, Inc. Class A (D)		6

				68

		Consumer Services — 0.4%
	—	Accor S.A.		1
	—	Apollo Group, Inc. Class A (D)		9
	26	Banyan Tree Holdings Ltd.		9
	84	NagaCorp Ltd.		14
	—	Orascom Development Holding AG (D)		5
	6	Shangri-La Asia Ltd.		8
	—	Strayer Education, Inc.		9

				55

		Diversified Financials — 5.7%
	18	Aberdeen Asset Management plc		28
	3	African Bank Investments Ltd.		9
	1	Ameriprise Financial, Inc.		29
	84	AMMB Holdings Berhad		51
	2	Bank of America Corp.		36
	4	BM & F Bovespa S.A.		10
	2	Capital One Financial Corp.		67
	1	Deutsche Boerse AG		106
	8	Discover Financial Services, Inc.		97
	1	Goldman Sachs Group, Inc.		65
	—	Groupe Bruxelles Lambert S.A.		13
	3	Invesco Ltd.		45
	2	JP Morgan Chase & Co.		99
	2	Julius Baer Holding Ltd.		91
	1	MSCI, Inc. (D)		16
	2	UBS AG (D)		41

				803

		Energy — 10.0%
	2	Aventine Renewable Energy Holdings, Inc. (D)		4
	1	Baker Hughes, Inc.		23
	2	BG Group plc		33
	1	BP plc ADR		25
	—	Cabot Oil & Gas Corp.		10
	2	Canadian Natural Resources Ltd. ADR		123
	1	Canadian Oil SandsTrust		18
	—	Chesapeake Energy Corp.		7
	1	Chevron Corp.		51
	9	China Shenhua Energy Co., Ltd.		17
	—	Compagnie Generale de Geophysique-Veritas (D)		8
	—	ConocoPhillips Holding Co.		25
	—	Consol Energy, Inc.		12
	—	Devon Energy Corp.		15
	—	EnCana Corp.		18

The accompanying notes are an integral part of these financial statements.

165

The Hartford Global Equity Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)


COMMON STOCK — (continued)

		Energy — (continued)
	—	Eni S.p.A. ADR	$	19
	1	EOG Resources, Inc.		110
	1	Exxon Mobil Corp.		70
	1	Halliburton Co.		14
	—	Hess Corp.		13
	—	Husky Energy, Inc.		10
	—	Japan Petroleum Exploration Co., Ltd.		6
	—	Lukoil ADR		12
	8	Lundin Petroleum Ab (D)		37
	—	Marathon Oil Corp.		14
	—	Newfield Exploration Co. (D)		6
	2	Noble Energy, Inc.		82
	5	OAO Gazprom Class S ADR		100
	1	Occidental Petroleum Corp.		31
	2	OMV AG		71
	—	Peabody Energy Corp.		10
	—	Petro-Canada		9
	1	Petroleo Brasileiro S.A. ADR		22
	—	Range Resources Corp.		17
	1	Reliance Industries GDR (I)		60
	1	Royal Dutch Shell plc ADR		45
	1	Schlumberger Ltd.		34
	2	Seadrill Ltd.		24
	1	StatoilHydro ASA-ADR		18
	2	Suncor Energy, Inc.		49
	1	Suncor Energy, Inc. ADR		15
	1	Talisman Energy, Inc.		8
	1	Total S.A. ADR		37
	—	Transocean, Inc.		18
	—	Valero Energy Corp.		9
	2	Weatherford International Ltd. (D)		29
	—	Williams Cos., Inc.		3
	—	Woodside Petroleum Ltd.		12
	—	XTO Energy, Inc.		15

				1,418

		Food & Staples Retailing — 1.8%
	—	Companhia Brasileira de Distribuicao Grupo Pao de Acucar ADR		5
	—	CVS/Caremark Corp.		9
	—	Kroger Co.		10
	1	Seven & I Holdings Co., Ltd.		37
	1	Tesco plc		8
	1	Walgreen Co.		31
	3	Wal-Mart Stores, Inc.		154

				254

		Food, Beverage & Tobacco — 7.9%
	—	Carlsberg A/S Class B		17
	5	China Mengniu Dairy Co.		4
	—	Coca-Cola Co.		14
	5	Cockatoo Ridge Wines		—
	—	Groupe Danone		22
	—	Hormel Foods Corp.		3
	—	Japan Tobacco, Inc.		309
	5	Laep Investments Ltd. (D)		1
	—	Molson Coors Brewing Co.		3
	6	Nestle S.A.		233
	—	PepsiCo, Inc.		17
	—	Pernod-Ricard		16
	2	Philip Morris International, Inc.		108
	16	Premier Foods plc		7
	—	Ralcorp Holdings, Inc. (D)		4
	1	Sadia S.A. ADR		6
	1	Sunopta, Inc. (D)		6
	8	Swedish Match Ab		111
	10	Unilever N.V. CVA		242
	40	Yantai North Andre		1

				1,124

		Health Care Equipment & Services — 4.4%
	1	Baxter International, Inc.		36
	1	Beckman Coulter, Inc.		25
	—	Brookdale Senior Living, Inc.		1
	1	Cardinal Health, Inc.		23
	1	Coventry Health Care, Inc. (D)		18
	2	Covidien Ltd.		76
	—	Eclipsys Corp. (D)		7
	2	Health Management Associates, Inc. Class A (D)		4
	1	Humana, Inc. (D)		18
	2	McKesson Corp.		78
	3	Medtronic, Inc.		127
	1	St. Jude Medical, Inc. (D)		29
	—	Sunrise Senior Living, Inc. (D)		—
	—	Synthes, Inc.		26
	4	Tenet Healthcare Corp. (D)		16
	6	UnitedHealth Group, Inc.		136

				620

		Household & Personal Products — 0.7%
	1	Avon Products, Inc.		36
	—	Beiersdorf AG		24
	—	Herbalife Ltd.		2
	1	Reckitt Benckiser Group plc		40

				102

		Insurance — 4.0%
	4	ACE Ltd.		211
	1	Admiral Group plc		16
	—	Alleghany Corp. (D)		53
	—	Assurant, Inc.		8
	4	AXA S.A.		79
	1	Everest Re Group Ltd.		90
	1	Metlife, Inc. (D)		23
	1	Paris RE Holdings Ltd.		15
	2	Travelers Cos., Inc.		68

				563

		Materials — 6.1%
	1	Agrium U.S., Inc.		50
	2	Agrium, Inc.		69
	1	BHP Billiton Ltd. ADR		26
	6	BHP Billiton plc		94
	12	Companhia Vale do Rio Doce ADR		157
	1	Eurasian Natural Resources Corp.		6
	1	FMC Corp.		45
	—	Freeport-McMoRan Copper & Gold, Inc.		12
	106	Huabao International Holdings Ltd.		68
	—	Mosaic Co.		15
	20	OZ Minerals Ltd.		13
	—	Potash Corp. of Saskatchewan, Inc.		32
	1	Potash Corp. of Saskatchewan, Inc. ADR		42
	—	Praxair, Inc.		30
	7	Rexam plc		41
	4	Rhodia S.A.		35

The accompanying notes are an integral part of these financial statements.

166


			Market
Shares			Value (W)


COMMON STOCK — (continued)

		Materials — (continued)
	1	Sealed Air Corp.	$	20
	1	Severstal GDR (K)		5
	16	Smurfit-Stone Container Corp. (D)		21
	—	Syngenta AG		23
	1	Umicore		14
	1	Uralkali (K)		16
	1	Usinas Siderurgicas De Minas Gerais S.A.		10
	2	Vedanta Resources plc		28

				872

		Media — 1.9%
	—	Arbitron, Inc.		4
	1	Comcast Corp. Class A		18
	—	DirecTV Group, Inc. (D)		8
	—	DreamWorks Animation SKG, Inc. (D)		10
	—	Elsevier N.V.		4
	1	Focus Media Holding Ltd. ADR (D)		19
	1	Informa Group plc		4
	—	McGraw-Hill Cos., Inc.		5
	1	MDC Partners, Inc. Class A (D)		2
	—	News Corp. Class A		5
	—	Omnicom Group, Inc.		5
	1	Reed Elsevier plc		13
	—	Regal Entertainment Group		5
	—	Scripps Networks Interactive Class A		2
	2	SES Global S.A.		41
	1	Time Warner, Inc.		5
	4	Viacom, Inc. Class B (D)		78
	1	Vivendi S.A.		14
	1	Walt Disney Co.		20

				262

		Pharmaceuticals, Biotechnology & Life Sciences — 12.0%
	1	Abbott Laboratories		75
	1	Amgen, Inc. (D)		80
	1	Amylin Pharmaceuticals, Inc. (D)		15
	2	Astellas Pharma, Inc.		92
	1	AstraZeneca plc		41
	2	AstraZeneca plc ADR		97
	1	Barr Pharmaceuticals, Inc. (D)		76
	2	Bristol-Myers Squibb Co.		47
	—	Celgene Corp. (D)		31
	1	Cephalon, Inc. (D)		52
	3	Daiichi Sankyo Co., Ltd.		54
	4	Eisai Co., Ltd.		133
	4	Elan Corp. plc ADR (D)		29
	3	Eli Lilly & Co.		92
	1	Forest Laboratories, Inc. (D)		32
	1	Genentech, Inc. (D)		44
	—	H. Lundbeck A/S		7
	—	Ipsen		16
	1	Laboratorios Almiral S.A.		8
	1	Medicines Co. (D)		18
	1	Merck & Co., Inc.		42
	—	OSI Pharmaceuticals, Inc. (D)		15
	1	Regeneron Pharmaceuticals, Inc. (D)		18
	1	Sanofi-Aventis S.A.		45
	2	Sanofi-Aventis S.A. ADR		66
	10	Schering-Plough Corp.		143
	4	Shionogi & Co., Ltd.		60
	2	Teva Pharmaceutical Industries Ltd. ADR		101
	2	UCB S.A.		47
	1	Vertex Pharmaceuticals, Inc. (D)		16
	1	Watson Pharmaceuticals, Inc. (D)		16
	3	Wyeth		97

				1,705

		Real Estate — 1.7%
	—	AMB Property Corp.		5
	—	Boston Properties, Inc.		4
	6	Brasil Brokers Participacoes (D)		7
	1	British Land Co. plc		6
	—	Brookfield Asset Management, Inc.		6
	—	Brookfield Properties Corp.		2
	2	Central China RE (D)		—
	10	China Overseas Land & Investment Ltd.		11
	1	China Resources Land Ltd.		1
	1	Dawnay Day Treveria plc		—
	—	Derwent London plc		2
	—	Douglas Emmett, Inc.		1
	—	Eurocastle Investment Ltd.		—
	—	Forest City Enterprises, Inc. Class A		1
	—	Gagfah S.A.		1
	—	General Growth Properties, Inc.		1
	—	Great Portland Estates plc		—
	—	Hammerson plc		2
	1	Hopson Development Holdings Ltd.		—
	3	Host Hotels & Resorts, Inc.		33
	1	Kerry Properties Ltd.		1
	—	Kimco Realty Corp.		10
	4	Mitsubishi Estate Co., Ltd.		71
	1	Mitsui Fudosan Co., Ltd.		9
	—	Ntt Urban Development Corp.		1
	—	Patrizia Immobilien AG		—
	—	Simon Property Group, Inc.		5
	3	Sino-Ocean Land Holdings Ltd.		1
	—	Songbird Estates plc (D)		—
	—	Spazio Investment N.V.		1
	—	Sun Hung Kai Properties Ltd.		3
	—	Trisul S.A.		—
	—	Unibail		51
	—	Vornado Realty Trust		4

				240

		Retailing — 2.6%
	—	Advance Automotive Parts, Inc.		8
	—	American Eagle Outfitters, Inc.		5
	—	AutoZone, Inc. (D)		52
	1	China Resources Enterprise		2
	—	Collective Brands, Inc. (D)		5
	—	Dufry Group		6
	1	Dufry South America Ltd.		4
	1	Foot Locker, Inc.		11
	5	Gap, Inc.		66
	17	Golden Eagle Retail Group Ltd.		9
	—	Hennes & Mauritz Ab		11
	1	Home Depot, Inc.		29
	2	Kingfisher plc		4
	1	Kohl’s Corp. (D)		24
	1	Macy’s, Inc.		10
	—	Next plc		4
	—	Ross Stores, Inc.		15
	3	Staples, Inc.		62
	—	Target Corp.		8

The accompanying notes are an integral part of these financial statements.

167

The Hartford Global Equity Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)


COMMON STOCK — (continued)

		Retailing — (continued)
	—	TJX Cos., Inc.	$	13
	2	Ulta Salon, Cosmetics & Fragrances, Inc. (D)		17

				365

		Semiconductors & Semiconductor Equipment — 1.0%
	—	Atheros Communications, Inc. (D)		7
	1	Lam Research Corp. (D)		20
	3	Maxim Integrated Products, Inc.		44
	5	ON Semiconductor Corp. (D)		23
	—	Samsung Electronics Co., Ltd.		7
	2	Skyworks Solutions, Inc. (D)		14
	11	Taiwan Semiconductor Manufacturing Co., Ltd.		16
	—	Varian Semiconductor Equipment Associates, Inc. (D)		8

				139

		Software & Services — 5.7%
	2	Accenture Ltd. Class A		66
	2	Automatic Data Processing, Inc.		65
	—	BMC Software, Inc. (D)		9
	1	DST Systems, Inc. (D)		27
	3	Electronic Arts, Inc. (D)		78
	—	Equinix, Inc. (D)		25
	—	Google, Inc. (D)		80
	—	McAfee, Inc. (D)		9
	12	Microsoft Corp.		260
	6	Moneysupermarket.com		6
	3	Oracle Corp. (D)		46
	1	Red Hat, Inc. (D)		12
	1	VeriSign, Inc. (D)		13
	1	Visa, Inc.		40
	5	Western Union Co.		78

				814

		Technology Hardware & Equipment — 3.4%
	—	Apple, Inc. (D)		30
	—	Avnet, Inc. (D)		7
	1	Canon, Inc.		21
	4	Cisco Systems, Inc. (D)		75
	4	Corning, Inc.		40
	3	Dell, Inc. (D)		33
	2	Hewlett-Packard Co.		88
	3	Hon Hai Precision Industry Co., Ltd.		8
	10	Hon Hai Precision Industry Co., Ltd. GDR (K)		52
	1	Konica Minolta Holdings, Inc.		7
	1	Nokia Oyj		10
	1	Qualcomm, Inc.		46
	1	Research In Motion Ltd. (D)		56
	1	Seagate Technology		7
	—	Yaskawa Electric Corp.		1

				481

		Telecommunication Services — 3.4%
	1	AFK Sistema GDR		5
	—	America Movil S.A.B. de C.V. ADR		5
	—	American Tower Corp. Class A (D)		9
	1	AT&T, Inc.		24
	1	Brasil Telecom S.A. ADR		14
	—	Cellcom Israel Ltd.		6
	1	China Mobile Ltd.		8
	1	Deutsche Telekom AG		16
	1	France Telecom S.A.		23
	1	Millicom International Cellular S.A.		29
	2	Mobile Telesystems OJSC ADR		72
	—	Mobinil-Egyptian Mobile Service		3
	4	MTN Group Ltd.		44
	1	NII Holdings, Inc. Class B (D)		23
	—	P.T. Telekomunikasi Indonesia ADR		8
	1	Partner Communications Co., Ltd. ADR		14
	2	Qwest Communications International, Inc.		5
	—	Tele Norte Leste Participacoes S.A. ADR		6
	—	Telecom de Argentina ADR (D)		2
	13	Telecom Italia S.p.A.		11
	1	Telefonica S.A.		19
	1	Telefonica S.A. ADR		40
	—	Telus Corp.		3
	5	Turkcell Iletisim Hizmetleri AS ADR		67
	1	TW Telecom, Inc. (D)		6
	2	Vimpel-Communications ADR		25

				487

		Transportation — 3.6%
	2	C.H. Robinson Worldwide, Inc.		85
	8	Covenant Transport (D)		17
	2	easyJet plc (D)		8
	2	FedEx Corp.		138
	2	Forward Air Corp.		40
	2	Hub Group, Inc. (D)		58
	—	Iino Kaiun Kaisha Ltd.		1
	1	J.B. Hunt Transport Services, Inc.		20
	—	Japan Airport Terminal		2
	4	JetBlue Airways Corp. (D)		21
	1	Kuehne & Nagel International AG		56
	3	Saia, Inc. (D)		30
	13	Shenzhen International Holdings Ltd.		1
	—	Sumitomo Warehouse		1
	1	Tokyu Corp.		5
	3	US Airways Group, Inc. (D)		26

				509

		Utilities — 4.7%
	1	American Electric Power Co., Inc.		29
	—	CenterPoint Energy, Inc.		4
	1	Companhia Energetica de Minas Gerais ADR		17
	—	DPL, Inc.		6
	4	E.On AG		172
	—	Electricite de France		7
	4	Enel S.p.A.		26
	43	Energy Development Corp.		3
	—	Equitable Resources, Inc.		13
	2	Exelon Corp.		116
	1	FirstEnergy Corp.		45
	—	Fortum Corp.		6
	—	FPL Group, Inc.		6
	1	Gaz de France		37
	1	International Power plc		5
	4	National Grid plc		40
	1	Northeast Utilities		19
	—	PPL Corp.		9
	—	Progress Energy, Inc.		4
	—	Questar Corp.		7
	—	Southern Co.		12
	7	Tokyo Gas Co., Ltd.		32
	1	UniSource Energy Corp.		15
	—	Wisconsin Energy Corp.		7

The accompanying notes are an integral part of these financial statements.

168


					Market
Shares					Value (W)


COMMON STOCK — (continued)

		Utilities — (continued)
	1	Xcel Energy, Inc.			$	15
	31	YTL Power International Berhad				15

						667

		Total common stock (cost $19,694)			$	13,526



WARRANTS — 0.1%
		Energy — 0.0%
	—	Deutsche — CW17 Oil & Natural Gas Corp. (H)			$	5

		Telecommunication Services — 0.1%
	1	Citigroup Global Certificate — Bharti Televentures (H)				10

		Total warrants (cost $23)			$	15



EXCHANGE TRADED FUNDS — 1.1%
		Banks — 0.9%
	—	iShares Goldman Sachs Tech I Index Fund			$	6
	3	iShares MSCI EAFE Index Fund				128

						134

		Capital Goods — 0.2%
	1	Industrial Select Sector SPDR Fund				27

		Total exchange traded funds (cost $204)			$	161



PREFERRED STOCK — 0.3%
		Diversified Financials — 0.2%
	2	Banco Itau Holding			$	25

		Telecommunication Services — 0.1%
	1	Telemar Norte Leste S.A.				13

		Total preferred stock (cost $74)			$	38

		Total long-term investments (cost $19,995)			$	13,740



Principal
Amount

SHORT-TERM INVESTMENTS — 2.5%
		Repurchase Agreements — 2.5%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $164, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $167)
$	163	0.25% dated 10/31/2008			$	163
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $18, collateralized by FNMA 5.50%, 2037, value of $18)
	18	0.25% dated 10/31/2008				18
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $1)
	1	0.08% dated 10/31/2008				1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $76, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $77)
	76	0.25% dated 10/31/2008				76
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $100, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $102)
	100	0.23% dated 10/31/2008				100

		Total short-term investments (cost $358)			$	358

		Total investments (cost $20,353) (C)	99.4	%	$	14,098
		Other assets and liabilities	0.6	%		80

		Total net assets	100.0	%	$	14,178


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 46.70% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $20,557 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	158
Unrealized Depreciation		(6,617	)

Net Unrealized Depreciation	$	(6,459	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $2, which represents 0.01% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $60, which represents 0.42% 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 October 31, 2008, the market value of these securities amounted to $73 or 0.51% of net assets.

The accompanying notes are an integral part of these financial statements.

169

The Hartford Global Equity Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis

02/2008		1	Citigroup Global Certificate - Bharti Televentures -144A	$	16
06/2008 – 07/2008		—	Deutsche - CW17 Oil & Natural Gas Corp. - 144A		7
02/2008 – 05/2008		16	Peace Mark Holdings Ltd.		17
02/2008 – 09/2008		610	Rolls-Royce Group - C Share Entitlement		2


		The aggregate value of these securities at October 31, 2008 was $15 which represents 0.11% of total net assets.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

S&P 500 E-mini futures

Long

Dec 2008


		* The number of contracts does not omit 000’s.

Cash of $5 was pledged as initial margin deposit for open futures contracts at October 31,2008.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Australian Dollar (Buy)	$	1	$	—		11/03/08	$	1
British Pound (Buy)		18		20		11/05/08		(2	)
British Pound (Sell)		18		22		11/05/08		4
Danish Krone (Buy)		1		1		11/04/08		—
Danish Krone (Buy)		7		7		11/05/08		—
Euro (Buy)		13		13		11/04/08		—
Euro (Buy)		6		7		11/21/08		(1	)
Euro (Sell)		6		7		11/21/08		1
Euro (Buy)		1		1		01/07/09		—
Euro (Sell)		5		5		01/07/09		—
Hong Kong Dollar (Sell)		6		6		11/04/08		—
Japanese Yen (Buy)		6		6		01/07/09		—
Japanese Yen (Sell)		1		1		01/07/09		—
Norwegian Krone (Sell)		13		13		11/03/08		—
Singapore Dollar (Sell)		7		7		11/05/08		—
Swedish Krona (Sell)		5		5		11/04/08		—
Swiss Franc (Sell)		5		5		11/03/08		—

							$	3


(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country

as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		0.4	%


Austria		0.5


Belgium		0.7


Brazil		2.6


Canada		5.1


China		0.4


Denmark		0.2


Finland		0.1


France		4.7


Germany		3.7


Hong Kong		0.9


India		0.8


Indonesia		0.1


Ireland		0.2


Israel		0.9


Italy		0.4


Japan		7.0


Luxembourg		0.5


Malaysia		0.5


Netherlands		1.7


Norway		0.6


Russia		1.7


Singapore		0.9


South Africa		0.4


Spain		0.7


Sweden		1.2


Switzerland		3.5


Taiwan		0.5


Thailand		0.2


Turkey		0.5


United Kingdom		5.1


United States		50.2


Short-Term Investments		2.5


Other Assets and Liabilities		0.6


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

170

The Hartford Global Financial Services Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)

COMMON STOCK — 97.5%
		Brazil — 1.9%
	42	Banco Itau Holding Financeira S.p.A. ADR			$	468

		Canada — 11.0%
	35	Bank of Nova Scotia				1,173
	63	First National Financial, Inc.				552
	3	Gluskin Sheff Associates, Inc.				24
	22	Toronto-Dominion Bank ADR				1,020

						2,769

		France — 7.6%
	35	AXA S.A.				674
	10	BNP Paribas				718
	10	Societe Generale Class A				518

						1,910

		Germany — 8.5%
	80	Commerzbank AG				857
	16	Deutsche Boerse AG				1,270

						2,127

		Malaysia — 1.4%
	583	AMMB Holdings Berhad				355

		Norway — 3.6%
	125	DNB Nor ASA				725
	46	Sparebanken Midt-Norge				183

						908

		Singapore — 4.2%
	138	DBS Group Holdings Ltd.				1,055

		Switzerland — 4.7%
	23	Julius Baer Holding Ltd.				884
	19	Paris RE Holdings Ltd.				289

						1,173

		Thailand — 0.9%
	118	Bangkok Bank plc				238

		United Kingdom — 5.2%
	438	Aberdeen Asset Management plc				662
	38	Standard Chartered plc				635

						1,297

		United States — 48.5%
	36	ACE Ltd.				2,054
	3	Alleghany Corp. (D)				897
	27	Capital One Financial Corp.				1,068
	174	Citizens Republic Bancorp, Inc.				514
	132	Discover Financial Services, Inc.				1,622
	14	Everest Re Group Ltd.				1,068
	8	Goldman Sachs Group, Inc.				717
	39	Invesco Ltd.				582
	31	JP Morgan Chase & Co.				1,291
	11	PNC Financial Services Group, Inc.				740
	51	Popular, Inc.				387
	29	Travelers Cos., Inc.				1,247
	57	Washington Mutual, Inc. Private Placement (A)(H)				3

						12,190

		Total common stock (cost $33,800)			$	24,490



WARRANTS — 0.0%
		United States — 0.0%
	7	Washington Mutual, Inc. Private Placement (A)(H)			$	—

		Total warrants (cost $— )			$	—



PREFERRED STOCK — 2.2%
		Brazil — 2.2%
	50	Banco Itau Holding			$	542

		Total preferred stock (cost $1,006)			$	542

		Total long-term investments (cost $34,806)			$	25,032



Principal
Amount

SHORT-TERM INVESTMENTS — 0.4%
		Repurchase Agreements — 0.4%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $48, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $49)
$	48	0.25% dated 10/31/2008			$	48
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $5, collateralized by FNMA 5.50%, 2037, value of $5)
	5	0.25% dated 10/31/2008				5
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $—, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $—)
	—	0.08% dated 10/31/2008				—
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $22, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $23)
	22	0.25% dated 10/31/2008				22
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $30, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $30)
	30	0.23% dated 10/31/2008				30

		Total short-term investments (cost $105)			$	105

		Total investments (cost $34,911) (C)	100.1	%	$	25,137
		Other assets and liabilities	(0.1	)%		(19	)

		Total net assets	100.0	%	$	25,118


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 51.13% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for

The accompanying notes are an integral part of these financial statements.

171

The Hartford Global Financial Services Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


		factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $35,533 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	452
Unrealized Depreciation		(10,848	)

Net Unrealized Depreciation	$	(10,396	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $3, which represents 0.01% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis

04/2008		7	Washington Mutual, Inc. Private Placement Warrants	$	—
04/2008		57	Washington Mutual, Inc. Private Placement		500


		The aggregate value of these securities at October 31, 2008 was $3 which represents 0.01% of total net assets.

(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Asset Management & Custody Banks		8.6	%


Consumer Finance		10.7


Diversified Banks		29.5


Investment Banking & Brokerage		2.8


Multi-line Insurance		2.7


Other Diversified Financial Services		8.7


Property & Casualty Insurance		16.7


Regional Banks		7.3


Reinsurance		5.4


Specialized Finance		5.1


Thrifts & Mortgage Finance		2.2


Short-Term Investments		0.4


Other Assets and Liabilities		(0.1	)


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

172

The Hartford Global Growth Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 96.2%
		Banks — 2.7%
	114	National Bank of Greece	$	2,505
	90	Societe Generale Class A		4,922
	99	Wells Fargo & Co.		3,371

				10,798

		Capital Goods — 8.7%
	70	Alstom RGPT		3,466
	91	Danaher Corp.		5,373
	71	General Dynamics Corp.		4,271
	77	Lockheed Martin Corp.		6,549
	66	Siemens AG		3,909
	183	Sunpower Corp. Class A (D)		7,164
	104	Vestas Wind Systems A/S (D)		4,245

				34,977

		Consumer Services — 2.0%
	270	Las Vegas Sands Corp. (D)		3,831
	312	Royal Caribbean Cruises Ltd.		4,232

				8,063

		Diversified Financials — 5.7%
	82	Goldman Sachs Group, Inc.		7,557
	212	JP Morgan Chase & Co.		8,753
	169	Julius Baer Holding Ltd.		6,592

				22,902

		Energy — 7.8%
	116	Hess Corp.		6,984
	129	Schlumberger Ltd.		6,658
	544	Seadrill Ltd.		5,236
	123	Ultra Petroleum Corp. (D)		5,739
	193	XTO Energy, Inc.		6,942

				31,559

		Food, Beverage & Tobacco — 5.7%
	122	Carlsberg A/S Class B		4,789
	121	Groupe Danone		6,740
	291	Nestle S.A.		11,303

				22,832

		Health Care Equipment & Services — 3.2%
	108	Fresenius Medical Care AG & Co.		4,807
	208	St. Jude Medical, Inc. (D)		7,906

				12,713

		Household & Personal Products — 2.8%
	49	Clorox Co.		2,962
	195	Reckitt Benckiser Group plc		8,268

				11,230

		Insurance — 0.5%
	16	Muenchener Rueckversicherungs- Gesellschaft AG		2,072

		Materials — 7.5%
	597	BHP Billiton plc		10,131
	96	Monsanto Co.		8,507
	82	Potash Corp. of Saskatchewan, Inc.		7,000
	73	Praxair, Inc.		4,762

				30,400

		Media — 1.4%
	218	Comcast Corp. Class A		3,431
	131	Focus Media Holding Ltd. ADR (D)		2,424

				5,855

		Pharmaceuticals, Biotechnology & Life Sciences — 18.1%
	102	Abbott Laboratories		5,598
	206	Allergan, Inc.		8,172
	107	Amgen, Inc. (D)		6,408
	100	Celgene Corp. (D)		6,426
	323	CSL Ltd.		7,849
	192	Daiichi Sankyo Co., Ltd.		3,926
	148	Gilead Sciences, Inc. (D)		6,786
	71	Roche Holding AG		10,866
	233	Teva Pharmaceutical Industries Ltd. ADR		9,978
	209	Wyeth		6,729

				72,738

		Software & Services — 12.7%
	601	Electronic Arts, Inc. (D)		13,684
	22	Google, Inc. (D)		8,050
	30	Nintendo Co., Ltd.		9,478
	758	Oracle Corp. (D)		13,866
	112	Visa, Inc.		6,210

				51,288

		Technology Hardware & Equipment — 7.9%
	84	Apple, Inc. (D)		8,984
	329	Cisco Systems, Inc. (D)		5,841
	171	Hewlett-Packard Co.		6,561
	1,664	Hon Hai Precision Industry Co., Ltd.		4,017
	123	Research In Motion Ltd. (D)		6,223

				31,626

		Telecommunication Services — 8.5%
	303	American Tower Corp. Class A (D)		9,787
	951	MetroPCS Communications, Inc. (D)		13,072
	128	Millicom International Cellular S.A.		5,112
	342	Telefonica S.A.		6,329

				34,300

		Transportation — 1.0%
	62	FedEx Corp.		4,040

		Total common stock (cost $514,077)	$	387,393



Principal
Amount

SHORT-TERM INVESTMENTS — 3.5%
		Repurchase Agreements — 3.5%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $6,439, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $6,591)
$	6,439	0.25% dated 10/31/2008	$	6,439
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $698, collateralized by FNMA 5.50%, 2037, value of $712)
	698	0.25% dated 10/31/2008		698

The accompanying notes are an integral part of these financial statements.

173

The Hartford Global Growth Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $28, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $29)
$	28	0.08% dated 10/31/2008			$	28
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,989, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $3,049)
	2,989	0.25% dated 10/31/2008				2,989
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,940, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $4,019)
	3,940	0.23% dated 10/31/2008				3,940

		Total short-term investments (cost $14,094)			$	14,094

		Total investments (cost $528,171) (C)	99.7	%	$	401,487
		Other assets and liabilities	0.3	%		1,073

		Total net assets	100.0	%	$	402,560


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 37.80% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $534,178 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	11,424
Unrealized Depreciation		(144,115	)

Net Unrealized Depreciation	$	(132,691	)


(D)		Currently non-income producing.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Euro (Buy)	$	973	$	988		11/03/08	$	(15	)
Japanese Yen (Buy)		861		876		11/04/08		(15	)

							$	(30	)


(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		1.9	%


Canada		3.3


China		0.6


Denmark		2.2


France		3.8


Germany		2.7


Greece		0.6


Israel		2.5


Japan		3.3


Luxembourg		1.3


Norway		1.3


Spain		1.6


Switzerland		7.1


Taiwan		1.0


United Kingdom		4.6


United States		58.4


Short-Term Investments		3.5


Other Assets and Liabilities		0.3


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

174

The Hartford Global Health Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 100.5%
		Biotechnology — 22.4%
	344	3SBio, Inc. ADR (D)	$	2,145
	684	Amgen, Inc. (D)(G)		40,983
	529	Amylin Pharmaceuticals, Inc. (D)(G)		5,403
	1,056	Celera Corp. (D)(G)		11,940
	237	Celgene Corp. (D)		15,242
	144	Cephalon, Inc. (D)(G)		10,324
	171	Cougar Biotechnology, Inc. (D)		4,321
	989	Cytokinetics, Inc. (D)(G)		2,818
	211	Genentech, Inc. (D)		17,475
	1,151	Human Genome Sciences, Inc. (D)(G)		3,717
	378	Incyte Corp. (D)(G)		1,570
	877	Progenics Pharmaceuticals, Inc. (D)(G)		8,780
	330	Regeneron Pharmaceuticals, Inc. (D)(G)		6,371
	492	Seattle Genetics, Inc. (D)(G)		5,058
	305	Vertex Pharmaceuticals, Inc. (D)(G)		7,991

				144,138

		Drug Retail — 2.0%
	508	Walgreen Co.		12,929

		Health Care Distributors — 4.3%
	262	Cardinal Health, Inc.		10,020
	484	McKesson Corp.		17,806

				27,826

		Health Care Equipment — 24.8%
	545	Baxter International, Inc.		32,991
	224	Beckman Coulter, Inc.		11,172
	332	China Medical Technologies, Inc. ADR (G)		8,079
	583	Covidien Ltd.		25,804
	172	DiaSorin S.p.A.		3,160
	938	Medtronic, Inc.		37,822
	354	St. Jude Medical, Inc. (D)		13,474
	412	Symmetry Medical, Inc. (D)		5,328
	72	Synthes, Inc.		9,260
	802	Volcano Corp. (D)(G)		12,474

				159,564

		Health Care Facilities — 1.2%
	826	Health Management Associates, Inc. Class A (D)(G)		1,734
	1,401	Tenet Healthcare Corp. (D)(G)		6,137

				7,871

		Health Care Technology — 0.6%
	237	Eclipsys Corp. (D)(G)		3,521

		Life Sciences Tools & Services — 0.2%
	315	Exelixis, Inc. (D)(G)		1,085

		Managed Health Care — 9.3%
	803	Coventry Health Care, Inc. (D)		10,585
	321	Health Net, Inc. (D)		4,129
	462	Humana, Inc. (D)		13,682
	1,317	UnitedHealth Group, Inc.		31,244

				59,640

		Pharmaceuticals — 35.7%
	230	Abbott Laboratories		12,707
	423	Astellas Pharma, Inc.		17,038
	229	AstraZeneca plc ADR (G)		9,715
	199	Barr Pharmaceuticals, Inc. (D)		12,775
	807	Daiichi Sankyo Co., Ltd.		16,537
	555	Eisai Co., Ltd.		18,010
	929	Elan Corp. plc ADR (D)		7,091
	188	Eli Lilly & Co. (G)		6,351
	462	Forest Laboratories, Inc. (D)(G)		10,737
	182	H. Lundbeck A/S		3,244
	125	Ipsen		4,748
	228	Laboratorios Almiral S.A.		2,015
	399	Medicines Co. (D)		6,951
	553	Sanofi-Aventis S.A. ADR		17,492
	1,753	Schering-Plough Corp.		25,394
	1,255	Shionogi & Co., Ltd.		21,360
	450	Teva Pharmaceutical Industries Ltd. ADR (G)		19,292
	489	UCB S.A.		12,451
	158	Wyeth		5,088

				228,996

		Total common stock (cost $814,370)	$	645,570



Principal
Amount

SHORT-TERM INVESTMENTS — 13.4%
		Repurchase Agreements — 1.4%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $4,182, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $4,281)
$	4,182	0.25% dated 10/31/2008	$	4,182
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $453, collateralized by FNMA 5.50%, 2037, value of $462)
	453	0.25% dated 10/31/2008		453
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $18, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $19)
	18	0.08% dated 10/31/2008		18
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,942, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $1,981)
	1,942	0.25% dated 10/31/2008		1,942
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,559, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $2,610)
	2,559	0.23% dated 10/31/2008		2,559

				9,154

The accompanying notes are an integral part of these financial statements.

175

The Hartford Global Health Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)


		Securities Purchased with Proceeds from Security Lending — 12.0%
		Cash Collateral Reinvestment Fund:
	76,958	State Street Navigator Securities Lending Prime Portfolio			$	76,958

		Total short-term investments (cost $86,112)			$	86,112

		Total investments (cost $900,482) (C)	113.9	%	$	731,682
		Other assets and liabilities	(13.9	)%		(89,287	)

		Total net assets	100.0	%	$	642,395


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 25.46% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $909,293 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	14,215
Unrealized Depreciation		(191,826	)

Net Unrealized Depreciation	$	(177,611	)


(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of October 31, 2008


	Percentage of
Country	Net Assets
Belgium		1.9	%


China		0.3


Denmark		0.5


France		3.5


Ireland		1.1


Israel		3.0


Italy		0.5


Japan		11.4


Spain		0.3


Switzerland		1.5


United Kingdom		1.5


United States		75.0


Short-Term Investments		13.4


Other Assets and Liabilities		(13.9	)


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

176

The Hartford Global Technology Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
COMMON STOCK — 97.4%
		Communications Equipment — 16.7%
	123	Cisco Systems, Inc. (D)			$	2,182
	10	CommScope, Inc. (D)				149
	67	Corning, Inc.				722
	36	Qualcomm, Inc.				1,385
	29	Research In Motion Ltd. (D)				1,453

						5,891

		Computer Hardware — 12.7%
	12	Apple, Inc. (D)				1,284
	117	Dell, Inc. (D)				1,425
	47	Hewlett-Packard Co.				1,788

						4,497

		Computer Storage & Peripherals — 1.4%
	74	Seagate Technology				498

		Data Processing & Outsourced Services — 10.5%
	29	Automatic Data Processing, Inc.				1,024
	12	DST Systems, Inc. (D)				467
	10	Visa, Inc.				559
	110	Western Union Co.				1,674

						3,724

		Education Services — 2.2%
	6	Apollo Group, Inc. Class A (D)				382
	2	Strayer Education, Inc.				385

						767

		Electronic Manufacturing Services — 2.4%
	349	Hon Hai Precision Industry Co., Ltd.				843

		Home Entertainment Software — 3.5%
	55	Electronic Arts, Inc. (D)				1,248

		Human Resource & Employment Services — 0.8%
	9	Manpower, Inc.				283

		Internet Software & Services — 7.8%
	6	Equinix, Inc. (D)				393
	5	Google, Inc. (D)				1,824
	25	VeriSign, Inc. (D)				538

						2,755

		IT Consulting & Other Services — 3.7%
	39	Accenture Ltd. Class A				1,299

		Semiconductor Equipment — 4.2%
	76	ASM Pacific Technology				255
	40	Lam Research Corp. (D)				883
	18	Varian Semiconductor Equipment Associates, Inc. (D)				353

						1,491

		Semiconductors — 9.6%
	18	Atheros Communications, Inc. (D)				325
	36	Maxim Integrated Products, Inc.				488
	211	ON Semiconductor Corp. (D)				1,076
	—	Samsung Electronics Co., Ltd.				63
	87	Skyworks Solutions, Inc. (D)				622
	571	Taiwan Semiconductor Manufacturing Co., Ltd.				832

						3,406

		Systems Software — 20.9%
	15	BMC Software, Inc. (D)				395
	13	McAfee, Inc. (D)				436
	184	Microsoft Corp.				4,109
	105	Oracle Corp. (D)				1,928
	39	Red Hat, Inc. (D)				523

						7,391

		Technology Distributors — 1.0%
	22	Avnet, Inc. (D)				370

		Total common stock (cost $49,731)			$	34,463



Principal
Amount

SHORT-TERM INVESTMENTS — 0.7%
		Repurchase Agreements — 0.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $111, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $114)
$	111	0.25% dated 10/31/2008			$	111
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $12, collateralized by FNMA 5.50%, 2037, value of $12)
	12	0.25% dated 10/31/2008				12
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1 collateralized by U.S. Treasury Bill 0.50%, 2009, value of $1
	1	0.08% dated 10/31/2008				1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $52, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $53)
	52	0.25% dated 10/31/2008				52
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $68, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $70)
	68	0.23% dated 10/31/2008				68

		Total short-term investments (cost $244)			$	244

		Total investments (cost $49,975) (C)	98.1	%	$	34,707
		Other assets and liabilities	1.9	%		674

		Total net assets	100.0	%	$	35,381

The accompanying notes are an integral part of these financial statements.

177

The Hartford Growth Allocation Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.0%
EQUITY FUNDS — 79.6%
	4,671	The Hartford Capital Appreciation Fund, Class Y			$	118,025
	2,073	The Hartford Disciplined Equity Fund, Class Y				19,962
	1,307	The Hartford Dividend and Growth Fund, Class Y				19,272
	1,771	The Hartford Equity Income Fund, Class Y				18,414
	371	The Hartford Fundamental Growth Fund, Class Y				2,895
	3,471	The Hartford Global Growth Fund, Class Y				38,669
	1,519	The Hartford Growth Fund, Class Y				18,268
	1,636	The Hartford Growth Opportunities Fund, Class Y				31,591
	2,048	The Hartford International Opportunities Fund, Class Y				21,748
	2,976	The Hartford International Small Company Fund, Class Y				22,617
	55	The Hartford LargeCap Growth Fund, Class Y				351
	1,494	The Hartford Select MidCap Value Fund, Class Y				10,041
	3,710	The Hartford Select SmallCap Value Fund, Class Y				27,564
	1,672	The Hartford Small Company Fund, Class Y				23,562
	9,675	The Hartford Value Fund, Class Y				86,398

		Total equity funds (cost $672,640)			$	459,377



FIXED INCOME FUNDS — 19.4%
	2,420	The Hartford Inflation Plus Fund, Class Y			$	23,712
	2,384	The Hartford Short Duration Fund, Class Y				21,909
	7,118	The Hartford Total Return Bond Fund, Class Y				66,264

		Total fixed income funds (cost $124,617)			$	111,885

		Total investments in affiliated investment companies (cost $797,257)			$	571,262



EXCHANGE TRADED FUNDS — 0.9%
	30	DJ Wilshire REIT ETF			$	1,371
	127	SPDR DJ Wilshire International Real Estate ETF				3,618

		Total investments in exchange traded funds (cost $8,084)			$	4,989

		Total investments (cost $805,341) (C)	99.9	%	$	576,251
		Other assets and liabilities	0.1	%		463

		Total net assets	100.0	%	$	576,714


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $805,892 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	8
Unrealized Depreciation		(229,649	)

Net Unrealized Depreciation	$	(229,641	)


(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.

179

The Hartford Growth Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 95.3%
		Capital Goods — 12.1%
	445	ABB Ltd. ADR	$	5,850
	270	Deere & Co.		10,406
	177	Fluor Corp.		7,083
	83	Foster Wheeler Ltd. (D)		2,287
	48	Gamesa Corporacion Tecnologica S.A.		784
	25	General Dynamics Corp.		1,511
	247	Honeywell International, Inc.		7,509
	224	Lockheed Martin Corp.		19,048
	141	Precision Castparts Corp.		9,109
	319	Raytheon Co.		16,295
	68	Siemens AG ADR		4,066

				83,948

		Consumer Durables & Apparel — 2.3%
	112	Coach, Inc. (D)		2,312
	235	NIKE, Inc. Class B		13,563

				15,875

		Consumer Services — 1.6%
	157	Apollo Group, Inc. Class A (D)(G)		10,915

		Diversified Financials — 1.3%
	88	Goldman Sachs Group, Inc.		8,131
	43	Moody’s Corp. (G)		1,095

				9,226

		Energy — 8.3%
	214	Cameco Corp.		3,465
	109	EOG Resources, Inc.		8,790
	484	Halliburton Co.		9,579
	112	Hess Corp.		6,732
	185	Occidental Petroleum Corp.		10,264
	170	Petroleo Brasileiro S.A. ADR		4,566
	95	Transocean, Inc.		7,823
	133	Ultra Petroleum Corp. (D)		6,188

				57,407

		Food & Staples Retailing — 1.9%
	461	Supervalu, Inc. (G)		6,567
	123	Wal-Mart Stores, Inc.		6,889

				13,456

		Food, Beverage & Tobacco — 3.0%
	392	Nestle S.A.		15,253
	101	PepsiCo, Inc.		5,764

				21,017

		Health Care Equipment & Services — 6.7%
	320	Covidien Ltd.		14,187
	238	McKesson Corp.		8,747
	255	Medtronic, Inc.		10,286
	227	St. Jude Medical, Inc. (D)		8,643
	210	UnitedHealth Group, Inc.		4,973

				46,836

		Insurance — 2.7%
	194	AON Corp.		8,221
	364	Marsh & McLennan Cos., Inc.		10,672

				18,893

		Materials — 1.6%
	122	Monsanto Co.		10,894

		Media — 2.2%
	309	Focus Media Holding Ltd. ADR (D)		5,720
	475	Viacom, Inc. Class B (D)		9,601

				15,321

		Pharmaceuticals, Biotechnology & Life Sciences — 11.7%
	465	Abbott Laboratories		25,667
	98	Celgene Corp. (D)		6,284
	135	Genentech, Inc. (D)		11,171
	118	Genzyme Corp. (D)		8,571
	212	Merck & Co., Inc.		6,548
	315	Teva Pharmaceutical Industries Ltd. ADR (G)		13,508
	293	Wyeth		9,418

				81,167

		Retailing — 4.7%
	138	Kohl’s Corp. (D)		4,853
	60	Sherwin-Williams Co.		3,403
	589	Staples, Inc. (G)		11,438
	85	Target Corp.		3,403
	350	TJX Cos., Inc. (G)		9,362

				32,459

		Semiconductors & Semiconductor Equipment — 1.3%
	512	Altera Corp.		8,891

		Software & Services — 20.9%
	315	Accenture Ltd. Class A		10,413
	178	Automatic Data Processing, Inc.		6,204
	325	BMC Software, Inc. (D)		8,382
	292	Electronic Arts, Inc. (D)		6,649
	40	Google, Inc. (D)		14,479
	305	McAfee, Inc. (D)		9,918
	1,234	Microsoft Corp.		27,563
	26	Nintendo Co., Ltd.		8,444
	1,453	Oracle Corp. (D)		26,577
	255	VeriSign, Inc. (D)(G)		5,405
	175	Visa, Inc.		9,681
	764	Western Union Co.		11,652

				145,367

		Technology Hardware & Equipment — 11.2%
	145	Apple, Inc. (D)		15,548
	857	Cisco Systems, Inc. (D)		15,229
	369	Hewlett-Packard Co.		14,129
	115	International Business Machines Corp.		10,699
	382	Qualcomm, Inc.		14,612
	149	Research In Motion Ltd. (D)		7,532

				77,749

		Telecommunication Services — 1.0%
	535	MetroPCS Communications, Inc. (D)(G)		7,355

		Transportation — 0.4%
	48	Norfolk Southern Corp.		2,856



Principal
Amount

		Utilities — 0.4%
$	48	Exelon Corp.		2,582

		Total common stock (cost $862,694)	$	662,214

The accompanying notes are an integral part of these financial statements.

180


Principal					Market
Amount					Value (W)

SHORT-TERM INVESTMENTS — 8.1%
		Repurchase Agreements — 4.5%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $14,259, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $14,595)
$	14,259	0.25% dated 10/31/2008			$	14,259
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,545, collateralized by FNMA 5.50%, 2037, value of $1,576)
	1,545	0.25% dated 10/31/2008				1,545
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $62, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $63)
	62	0.08% dated 10/31/2008				62
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $6,620, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $6,753)
	6,620	0.25% dated 10/31/2008				6,620
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $8,725, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $8,900)
	8,725	0.23% dated 10/31/2008				8,725

						31,211



Shares

		Securities Purchased with Proceeds from Security Lending — 3.6%
		Cash Collateral Reinvestment Fund:
	25,052	State Street Navigator Securities Lending Prime Portfolio				25,052

		Total short-term investments (cost $56,263)			$	56,263

		Total investments (cost $918,957) (C)	103.4	%	$	718,477
		Other assets and liabilities	(3.4	)%		(23,553	)

		Total net assets	100.0	%	$	694,924


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 9.96% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $924,912 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	8,140
Unrealized Depreciation		(214,575	)

Net Unrealized Depreciation	$	(206,435	)


(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(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.

181

The Hartford Growth Opportunities Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 93.7%
		Banks — 1.8%
	266	Comerica, Inc.	$	7,328
	235	PNC Financial Services Group, Inc.		15,694
	376	Wells Fargo & Co.		12,816

				35,838

		Capital Goods — 13.4%
	1,070	Aecom Technology Corp. (D)		18,866
	340	Flowserve Corp.		19,336
	1,955	General Electric Co.		38,144
	665	Honeywell International, Inc.		20,243
	559	Lockheed Martin Corp.		47,517
	1,147	Manitowoc Co., Inc.		11,289
	615	PACCAR, Inc.		17,983
	827	Pall Corp.		21,831
	292	Precision Castparts Corp.		18,918
	476	Raytheon Co.		24,313
	105,895	Rolls-Royce Group — C Share Entitlement (A)(H)		—
	1,851	Rolls-Royce Group plc		9,795
	368	Sunpower Corp. Class A (D)(G)		14,382
	323	Vestas Wind Systems A/S (D)		13,232

				275,849

		Commercial & Professional Services — 2.5%
	1,168	Covanta Holding Corp. (D)		25,188
	1,222	Tetra Tech, Inc. (D)		26,861

				52,049

		Consumer Durables & Apparel — 2.1%
	1,349	Jarden Corp. (D)		24,012
	530	Snap-On, Inc.		19,576

				43,588

		Diversified Financials — 5.6%
	628	Bank of America Corp.		15,183
	1,069	Citigroup, Inc.		14,589
	294	Deutsche Boerse AG		23,084
	223	Goldman Sachs Group, Inc.		20,627
	385	JP Morgan Chase & Co.		15,894
	481	Polaris Acquisition Corp. (D)		4,202
	512	State Street Corp.		22,191

				115,770

		Energy — 5.1%
	566	Arch Coal, Inc.		12,116
	387	Consol Energy, Inc.		12,139
	235	EOG Resources, Inc.		19,024
	429	Forest Oil Corp. (D)		12,519
	616	OAO Gazprom Class S ADR		12,245
	208	Transocean, Inc.		17,092
	563	XTO Energy, Inc.		20,225

				105,360

		Food, Beverage & Tobacco — 2.2%
	491	Nestle S.A.		19,100
	587	Philip Morris International, Inc.		25,530

				44,630

		Health Care Equipment & Services — 7.7%
	659	Covidien Ltd.		29,178
	803	McKesson Corp.		29,539
	1,184	Medtronic, Inc.		47,739
	603	St. Jude Medical, Inc. (D)		22,921
	662	Varian Medical Systems, Inc. (D)		30,127

				159,504

		Household & Personal Products — 2.2%
	403	Clorox Co.		24,494
	509	Reckitt Benckiser Group plc		21,532

				46,026

		Insurance — 5.5%
	458	ACE Ltd.		26,277
	1,172	Marsh & McLennan Cos., Inc.		34,369
	632	Metlife, Inc. (D)		20,992
	91	Muenchener Rueckversicherungs- Gesellschaft AG		12,032
	476	Travelers Cos., Inc.		20,271

				113,941

		Materials — 4.9%
	376	Cliff’s Natural Resources, Inc.		10,135
	856	Companhia Vale do Rio Doce ADR		11,232
	732	FMC Corp.		31,883
	245	Freeport-McMoRan Copper & Gold, Inc.		7,129
	222	Monsanto Co.		19,718
	247	Potash Corp. of Saskatchewan, Inc.		21,085

				101,182

		Media — 1.9%
	663	DreamWorks Animation SKG, Inc. (D)		18,619
	1,104	Focus Media Holding Ltd. ADR (D)		20,463

				39,082

		Pharmaceuticals, Biotechnology & Life Sciences — 14.1%
	615	Abbott Laboratories		33,901
	596	Alkermes, Inc. (D)		5,891
	445	Amgen, Inc. (D)		26,651
	749	Amylin Pharmaceuticals, Inc. (D)		7,650
	581	Auxilium Pharmaceuticals, Inc. (D)		11,421
	378	Celgene Corp. (D)		24,310
	525	Cephalon, Inc. (D)		37,667
	492	Charles River Laboratories International, Inc. (D)		17,618
	1,071	Elan Corp. plc ADR (D)		8,172
	1,069	Pharmaceutical Product Development, Inc.		33,118
	2,518	Schering-Plough Corp.		36,484
	1,188	Shionogi & Co., Ltd.		20,224
	624	Teva Pharmaceutical Industries Ltd. ADR		26,766

				289,873

		Retailing — 3.5%
	71	Best Buy Co., Inc.		1,893
	1,951	Gap, Inc.		25,249
	548	Kohl’s Corp. (D)		19,251
	1,363	Staples, Inc.		26,473

				72,866

		Software & Services — 12.2%
	720	Accenture Ltd. Class A		23,803
	1,019	BMC Software, Inc. (D)		26,300
	886	Electronic Arts, Inc. (D)		20,190
	1,064	McAfee, Inc. (D)		34,620
	1,420	Microsoft Corp.		31,716
	79	Nintendo Co., Ltd.		25,351
	1,430	Oracle Corp. (D)		26,151
	1,874	Red Hat, Inc. (D)		24,936
	399	Visa, Inc.		22,074
	1,018	Western Union Co.		15,530

				250,671

		Technology Hardware & Equipment — 6.6%
	221	Apple, Inc. (D)		23,777
	849	Dell, Inc. (D)		10,309
	1,131	FLIR Systems, Inc. (D)		36,304

The accompanying notes are an integral part of these financial statements.

182


					Market
Shares					Value (W)

COMMON STOCK — (continued)

		Technology Hardware & Equipment — (continued)
	636	Hewlett-Packard Co.			$	24,361
	7,040	Kingboard Chemical Holdings Ltd.				14,054
	545	Research In Motion Ltd. (D)				27,505

						136,310

		Telecommunication Services — 1.7%
	2,527	MetroPCS Communications, Inc. (D)				34,714

		Transportation — 0.7%
	677	Ryanair Holdings plc ADR (D)				15,067

		Total common stock (cost $2,520,734)			$	1,932,320


EXCHANGE TRADED FUNDS — 1.0%
		Other Investment Pools and Funds — 1.0%
	214	S & P 500 Depositary Receipt			$	20,741

		Total exchange traded funds (cost $19,370)			$	20,741

		Total long-term investments (cost $2,540,104)			$	1,953,061


Principal
Amount

SHORT-TERM INVESTMENTS — 4.1%
		Repurchase Agreements — 3.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $31,603, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $32,347)
$	31,602	0.25% dated 10/31/2008			$	31,602
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,424, collateralized by FNMA 5.50%, 2037, value of $3,492)
	3,424	0.25% dated 10/31/2008				3,424
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $137, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $140)
	137	0.08% dated 10/31/2008				137
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $14,673, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $14,966)
	14,672	0.25% dated 10/31/2008				14,672
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $19,338, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $19,724)
	19,338	0.23% dated 10/31/2008				19,338

						69,173

Shares

		Securities Purchased with Proceeds from Security Lending — 0.4%
		Cash Collateral Reinvestment Fund:
	8,578	Goldman Sachs FS Prime Obligation/Institutional Fund				8,578



Principal					Market
Amount					Value (W)

		U.S. Treasury Bills — 0.4%
$	7,500	0.96%, 01/22/2009 (M)			$	7,495

		Total short-term investments (cost $85,235)			$	85,246

		Total investments (cost $2,625,339) (C)	98.8	%	$	2,038,307
		Other assets and liabilities	1.2	%		24,315

		Total net assets	100.0	%	$	2,062,622


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 14.59% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $2,682,564 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	48,626
Unrealized Depreciation		(692,883	)

Net Unrealized Depreciation	$	(644,257	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008 rounds to zero. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(M)		The interest rate disclosed for these securities represents the effective yield on the date of acquisition.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis
05/2008 – 09/2008		105,895	Rolls-Royce Group - C Share Entitlement	$	318


		The aggregate value of these securities at October 31, 2008 rounds to zero.

Forward Foreign Currency Contracts Outstanding at October 31, 2008

Unrealized

Market

Contract

Delivery

Appreciation/

Description

Value (W)

Amount

Date

(Depreciation)

Japanese Yen (Sell)

5,725

5,791

11/06/08


(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 High Yield Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 0.4%
		Finance — 0.4%
		CBA Commercial Small Balance Commercial Mortgage
$	6,097	9.75%, 01/25/2039 (H)(?)	$	640
		Soundview NIM Trust
	920	8.25%, 12/25/2036 (D)(H)		1

		Total asset & commercial mortgage backed securities (cost $1,471)	$	641



CORPORATE BONDS: INVESTMENT GRADE — 2.8%
		Consumer Cyclical — 0.4%
		Phillips Van-Heusen Corp.
$	795	7.75%, 11/15/2023	$	789

		Finance — 2.4%
		Bank of America Corp.
	875	8.00%, 01/30/2018 (L)(CC)		655
		Citigroup, Inc.
	800	8.40%, 04/30/2018 (L)(CC)		556
		Goldman Sachs Capital Trust II
	2,400	5.79%, 06/01/2012 (L)(CC)		1,102
		Goldman Sachs Group, Inc.
	525	6.88%, 01/15/2011		512
		Host Marriott L.P.
	940	6.75%, 06/01/2016		682
		JP Morgan Chase & Co.
	700	7.90%, 04/30/2018 (CC)		567

				4,074

		Total corporate bonds: investment grade (cost $5,771)	$	4,863



CORPORATE BONDS: NON-INVESTMENT GRADE — 78.7%
		Basic Materials — 6.8%
		AK Steel Corp.
$	1,375	7.75%, 06/15/2012	$	1,100
		Cenveo, Inc.
	750	10.50%, 08/15/2016 (I)		634
		Domtar Corp.
	1,660	5.38%, 12/01/2013		1,220
		Freeport-McMoRan Copper & Gold, Inc.
	1,000	8.25%, 04/01/2015		800
		Georgia-Pacific Corp.
	1,025	8.13%, 05/15/2011		866
		Graham Packaging Co., Inc.
	720	8.50%, 10/15/2012		526
	460	9.88%, 10/15/2014		290
		Huntsman International LLC
	520	7.88%, 11/15/2014		463
		International Coal Group, Inc.
	615	10.25%, 07/15/2014		517
		MacDermid, Inc.
	900	9.50%, 04/15/2017 (I)		477
		Momentive Performance
	705	9.75%, 12/01/2014 (G)		395
		New Page Corp.
	1,580	10.00%, 05/01/2012		1,074
		Peabody Energy Corp.
	750	6.88%, 03/15/2013		658
		Potlatch Corp.
	650	13.00%, 12/01/2009 (H)(L)		700
		Steel Dynamics, Inc.
	970	7.38%, 11/01/2012		721
		Texas Industries, Inc.
	800	7.25%, 07/15/2013 (I)		628
		Valmont Industries, Inc.
	725	6.88%, 05/01/2014		589

				11,658

		Capital Goods — 1.4%
		Bombardier, Inc.
	920	6.30%, 05/01/2014 (I)#		731
		Hawker Beechcraft Acquisition Co.
	1,025	9.75%, 04/01/2017 (G)		574
		TransDigm, Inc.
	1,390	7.75%, 07/15/2014		1,112

				2,417

		Consumer Cyclical — 12.2%
		Alliance One International, Inc.
	860	8.50%, 05/15/2012 (H)		662
		Amerigas Partners L.P.
	680	7.25%, 05/20/2015 #		512
		Aramark Corp.
	1,430	5.00%, 06/01/2012		1,030
		BE Aerospace, Inc.
	535	8.50%, 07/01/2018		460
		Buffalo Thunder
	1,325	9.38%, 12/15/2014 (H)		464
		D.R. Horton, Inc.
	1,565	4.88%, 01/15/2010		1,342
		Dollarama Group L.P.
	1,350	8.88%, 08/15/2012		1,012
		ESCO Corp.
	1,360	8.63%, 12/15/2013 (I)#		1,088
		Ferrellgas Partners L.P.
	740	6.75%, 05/01/2014 (G)(I)		525
		General Motors Corp.
	3,750	8.38%, 07/15/2033		1,219
		Ingles Markets, Inc.
	950	8.88%, 12/01/2011		836
		K Hovnanian Enterprises
	1,385	11.50%, 05/01/2013 (I)		1,122
		KB Home & Broad Home Corp.
	1,200	6.38%, 08/15/2011		948
		Michaels Stores, Inc.
	500	10.00%, 11/01/2014 (G)		225
		Neiman Marcus Group, Inc.
	550	9.00%, 10/15/2015 (G)		377
	785	10.38%, 10/15/2015 (G)		522
		Pulte Homes, Inc.
	1,550	7.88%, 08/01/2011		1,314
		SGS International, Inc.
	1,075	12.00%, 12/15/2013		838
		Stater Brothers Holdings, Inc.
	860	8.13%, 06/15/2012		765
		Supervalu, Inc.
	2,790	7.50%, 11/15/2014		2,288
		Tenneco, Inc.
	1,855	8.13%, 11/15/2015		965
		TRW Automotive, Inc.
	3,465	7.25%, 03/15/2017 (I)		1,992
		United Components, Inc.
	690	9.38%, 06/15/2013 (H)		428

				20,934

		Consumer Staples — 1.3%
		Appleton Papers, Inc.
	750	8.13%, 06/15/2011		525
	420	9.75%, 06/15/2014 (G)(H)		252

The accompanying notes are an integral part of these financial statements.

184


Principal			Market
Amount			Value (W)

CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)

		Consumer Staples — (continued)
		Constellation Brands, Inc.
$	855	8.38%, 12/15/2014	$	761
		Dole Food Co., Inc.
	780	8.63%, 05/01/2009 (G)		702

				2,240

		Energy — 5.1%
		Chesapeake Energy Corp.
	1,180	7.00%, 08/15/2014		947
	1,290	7.63%, 07/15/2013		1,096
		Cie Gen Geophysique
	1,305	7.75%, 05/15/2017		874
		Encore Acquisition Co.
	1,125	7.25%, 12/01/2017		740
		Inergy L.P.
	1,440	8.25%, 03/01/2016		1,105
		Petrohawk Energy Corp.
	1,250	9.13%, 07/15/2013 #		963
		Plains Exploration & Production Co.
	900	7.63%, 06/01/2018		590
		Quicksilver Resources, Inc.
	1,075	8.25%, 08/01/2015		747
		Sonat, Inc.
	1,260	7.63%, 07/15/2011		1,047
		Tesoro Corp.
	1,000	6.63%, 11/01/2015 (G)		680

				8,789

		Finance — 7.1%
		American Real Estate Partners L.P.
	1,155	7.13%, 02/15/2013 #		728
		Biomet, Inc.
	770	10.38%, 10/15/2017		641
		Ford Motor Credit Co.
	1,730	5.70%, 01/15/2010 (G)		1,284
	1,980	7.57%, 01/13/2012 (L)		1,198
	2,500	9.20%, 04/15/2012 (L)#		1,916
		General Motors Acceptance Corp.
	2,930	6.75%, 12/01/2014		1,480
	2,750	6.88%, 09/15/2011		1,611
		LPL Holdings, Inc.
	2,770	10.75%, 12/15/2015 (H)		1,939
		Nuveen Investments, Inc.
	1,350	5.00%, 09/15/2010		459
		Yankee Acquisition Corp.
	1,500	8.50%, 02/15/2015 (G)		847

				12,103

		Health Care — 7.0%
		Advanced Medical Optics, Inc.
	1,710	7.50%, 05/01/2017		1,129
		HCA, Inc.
	1,100	7.88%, 02/01/2011		918
	2,750	9.25%, 11/15/2016		2,337
		IASIS Healthcare Capital Corp.
	1,280	8.75%, 06/15/2014		1,011
		Invacare Corp.
	1,390	9.75%, 02/15/2015		1,251
		Multiplan Corp.
	1,255	10.38%, 04/15/2016 (I)		1,155
		Psychiatric Solutions, Inc.
	1,195	7.75%, 07/15/2015		983
		Reable Therapeutics Finance LLC
	730	11.75%, 11/15/2014 (G)		518
		Rite Aid Corp.
	1,500	9.50%, 06/15/2017 (G)		540
		Skilled Healthcare Group, Inc.
	1,000	11.00%, 01/15/2014		885
		Warner Chilcott Corp.
	1,350	8.75%, 02/01/2015		1,188

				11,915

		Services — 11.8%
		Affinion Group, Inc.
	1,580	11.50%, 10/15/2015		948
		Allied Waste North America, Inc.
	820	6.88%, 06/01/2017 (G)		713
	1,100	7.88%, 04/15/2013		1,023
		AMC Entertainment, Inc.
	940	11.00%, 02/01/2016		743
		Clear Channel Communications, Inc.
	2,900	7.65%, 09/15/2010		2,189
		Dex Media West LLC, Inc.
	600	8.00%, 11/15/2013 #		132
	1,775	9.88%, 08/15/2013 #		666
		DirecTV Holdings LLC
	535	7.63%, 05/15/2016 (I)		449
	1,120	8.38%, 03/15/2013		1,050
		Echostar DBS Corp.
	2,200	7.75%, 05/31/2015		1,787
		FireKeepers Development Authority
	1,120	13.88%, 05/01/2015 (G)(I)		795
		Harland Clarke Holdings
	1,395	9.50%, 05/15/2015		670
		Harrah’s Operating Co., Inc.
	1,430	10.75%, 02/01/2016 (I)		465
		Iron Mountain, Inc.
	1,220	8.00%, 06/15/2020		958
		MGM Mirage, Inc.
	1,260	7.50%, 06/01/2016 (G)		743
	1,005	8.50%, 09/15/2010		696
		Pinnacle Entertainment, Inc.
	960	8.75%, 10/01/2013		725
		Sheridan Group, Inc.
	1,200	10.25%, 08/15/2011 (H)		996
		SunGard Data Systems, Inc.
	1,463	10.25%, 08/15/2015		1,024
		TL Acquisitions, Inc.
	1,480	10.50%, 01/15/2015 (I)		881
		Videotron Ltee
	1,035	6.88%, 01/15/2014		859
		Virgin Media, Inc.
	1,430	6.50%, 11/15/2016 (I)(X)		744
		Wynn Las Vegas LLC
	1,250	6.63%, 12/01/2014		922

				20,178

		Technology — 17.2%
		Advanced Micro Devices, Inc.
	1,000	5.75%, 08/15/2012 (G)(X)		416
		Canwest MediaWorks L.P.
	1,800	9.25%, 08/01/2015 (I)		1,098
		CCH I Holdings LLC
	1,400	9.92%, 04/01/2014 (G)		350
		Charter Communications Operating LLC
	1,000	8.00%, 04/30/2012 (I)		770
	2,160	10.88%, 09/15/2014 (I)		1,755
		Citizens Communications Co.
	1,370	7.88%, 01/15/2027		685

The accompanying notes are an integral part of these financial statements.

185

The Hartford High Yield Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount (B)			Value (W)


		Technology — (continued)
		Cricket Communications, Inc.
$	865	9.38%, 11/01/2014	$	703
		CSC Holdings, Inc.
	2,410	7.63%, 04/01/2011		2,217
		Freescale Semiconductor, Inc.
	2,100	9.13%, 12/15/2014		767
		General Cable Corp.
	1,015	6.26%, 04/01/2015 (L)		589
		Intelsat Bermuda Ltd.
	2,005	11.25%, 06/15/2016		1,714
		Intelsat Ltd.
	2,580	7.63%, 04/15/2012 (G)		1,625
		Intelsat Subsidiary Holding Co.
	2,200	8.50%, 01/15/2013 (I)		1,914
		Level 3 Financing, Inc.
	1,800	9.25%, 11/01/2014		1,026
		Mediacom LLC
	2,575	7.88%, 02/15/2011		2,189
		MetroPCS Wireless, Inc.
	1,485	9.25%, 11/01/2014		1,236
		Nortel Networks Ltd.
	1,075	10.75%, 07/15/2016		567
		Qwest Communications International, Inc.
	2,960	7.50%, 02/15/2014		2,013
		Sanmina-Sci Corp.
	1,710	5.57%, 06/15/2010 — 06/15/2014 (I)(L)		1,386
		Spansion LLC
	820	5.93%, 06/01/2013 (I)(L)		176
		Sprint Capital Corp.
	3,175	8.38%, 03/15/2012		2,556
		Sprint Nextel Corp.
	2,650	6.00%, 12/01/2016		1,835
		Wind Acquisition
EUR	680	9.75%, 12/01/2015 (I)		650
		Windstream Corp.
	1,645	8.63%, 08/01/2016		1,242

				29,479

		Transportation — 1.8%
		Bristow Group, Inc.
	915	7.50%, 09/15/2017		686

		Continental Airlines, Inc.
	506	6.80%, 08/02/2018 #		349
	1,005	7.03%, 06/15/2011		684
	1,128	7.37%, 12/15/2015		711
		PHI, Inc.
	770	7.13%, 04/15/2013		566

				2,996

		Utilities — 7.0%
		AES Corp.
	920	8.00%, 10/15/2017		708
		Copano Energy LLC
	1,255	8.13%, 03/01/2016		922
		Dynegy Holdings, Inc.
	985	8.75%, 02/15/2012 (G)		857
		Edison Mission Energy
	580	7.50%, 06/15/2013		489
		Energy Future Holdings
	740	10.88%, 11/01/2017 (I)		570
		Markwest Energy Partners L.P.
	820	8.50%, 07/15/2016		603
		Mirant North America LLC
	1,200	7.38%, 12/31/2013		1,048
		NRG Energy, Inc.
	3,300	7.25%, 02/01/2014		2,887
		Reliant Energy, Inc.
	1,680	6.75%, 12/15/2014		1,464
	451	9.24%, 07/02/2017		415
		Texas Competitive Electric Co.
	2,515	10.25%, 11/01/2015 (I)		1,918

				11,881

		Total corporate bonds: non-investment grade (cost $177,172)	$	134,590



SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 7.2%
		Basic Materials — 1.4%
		Boise Paper Holdings LLC
$	1,550	10.00%, 02/20/2015 (H)(N)	$	1,035
		Georgia-Pacific Corp.
	1,270	5.37%, 12/20/2013 (N)(Q)		1,021
		Mega Bloks, Inc.
	816	8.75%, 07/26/2012 (H)(N)		408

				2,464

		Consumer Cyclical — 1.1%
		Appleseed’s Brands
	647	8.40%, 06/25/2013 (H)(N)		278
		Hanesbrands, Inc.
	1,100	7.27%, 03/05/2014 (N)(Q)		864
		Lear Corp.
	1,153	5.75%, 04/25/2012 (N)		744

				1,886

		Energy — 1.1%
		Lyondell Chemical Co.
	1,322	8.04%, 12/22/2014 (N)(Q)		781
		Turbo Beta Ltd.
	1,254	14.50%, 03/12/2018 (H)(N)		1,104

				1,885

		Health Care — 1.1%
		IASIS Healthcare Capital Corp.
	1,642	8.76%, 06/15/2014 (N)		1,231
		Inverness Medical Innovation, Inc.
	625	5.48%, 06/26/2015 (N)		416
		Invitrogen Corp.
	210	6.26%, 09/30/2015 (N)(Q)		194

				1,841

		Services — 1.4%
		Marquee Holdings, Inc.
	528	7.82%, 06/13/2012 (H)(N)		264
		Tribune Co.
	462	9.00%, 12/20/2015 (H)(N)		45
		Venetian Macau Ltd.
	419	6.02%, 05/25/2012 (N)(Q)		265
		Venetian Macau Ltd., Incremental Term Loan B
	297	6.02%, 04/06/2012 (N)		188
		Venetian Macau Ltd., Term Loan
	726	6.02%, 05/25/2013 (N)(Q)		460
		WideOpenWest Finance LLC
	1,419	10.93%, 06/29/2015 (H)(N)		709
		Yonkers Racing Corp.
	453	10.69%, 08/12/2011 (N)		385

				2,316

		Technology — 1.1%
		Infor Lux Bond Co.
	1,684	11.77%, 07/28/2014 (H)(N)		253

The accompanying notes are an integral part of these financial statements.

186


Principal					Market
Amount					Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Technology — (continued)
		Integra Telecom Holdings, Inc.
$	650	10.47%, 04/08/2014 (H)(N)			$	403
		Mediacom Broadband LLC
	275	3.64%, 03/31/2010 (N)				234
		Wind Acquisitions Holdings Finance S.A.
	1,664	11.75%, 12/12/2011 (N)				948

						1,838

		Total senior floating rate interests: non-investment grade (cost $19,187)			$	12,230



Shares

COMMON STOCK — 0.0%
		Consumer Durables & Apparel — 0.0%
	1	Hosiery Corp. of America, Inc. Class A (A)(D)(H)			$	—

		Telecommunication Services — 0.0%
	1	AboveNet, Inc. (D)(H)				30
	—	XO Holdings, Inc. (D)				—

						30

		Total common stock (cost $21)			$	30



WARRANTS — 0.0%
		Telecommunication Services — 0.0%
	—	AboveNet, Inc. (D)(H)			$	3
	—	XO Holdings Inc. (D)(H)				—

		Total Warrants (cost $—)			$	3



PREFERRED STOCK — 0.1%
		Real Estate — 0.1%
		Federal National Mortgage Association,
	52	8.25% (G)			$	109

		Total preferred stock (cost $668)			$	109

		Total long-term investments (cost $204,290)			$	152,466





SHORT-TERM INVESTMENTS — 15.1%
		Investment Pools and Funds — 0.0%
	25	State Street Bank Money Market Fund			$	25



Principal
Amount

		Repurchase Agreements — 9.0%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $7,826, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $7,963)
$	7,826	0.15% dated 10/31/2008				7,826
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $6,306, collateralized by U.S. Treasury Note 4.13%, 2012, value of $6,433)
	6,306	0.10% dated 10/31/2008				6,306
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,266, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $1,285)
	1,266	0.08% dated 10/31/2008				1,266

						15,398



Shares

		Securities Purchased with Proceeds from Security Lending — 5.9%
		Cash Collateral Reinvestment Fund:
	10,178	State Street Navigator Securities Lending Prime Portfolio				10,178



Principal
Amount

		U.S. Treasury Bills — 0.2%
$	300	0.70%, 01/15/2009 (M)(S)				300

		Total short-term investments (cost $25,900)			$	25,901

		Total investments (cost $230,190) (C)	104.3	%	$	178,367
		Other assets and liabilities	(4.3	)%		(7,351	)

		Total net assets	100.0	%	$	171,016


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 4.18% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $231,263 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	459
Unrealized Depreciation		(53,355	)

Net Unrealized Depreciation	$	(52,896	)


#		This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008 rounds to zero. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

The accompanying notes are an integral part of these financial statements.

187

The Hartford High Yield Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


(CC)		Perpetual maturity security. Maturity date shown is the first call date.

(D)		Currently non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.

(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $21,923, which represents 12.82% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(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 October 31, 2008.

(?)		The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2008.

(Q)		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2008 was $1,247.

(V)		Senior floating rate interests 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 October 31, 2008.

(X)		Convertible security.

(B)		All principal amounts are in U.S. dollars unless otherwise indicated.

		EUR — Euro

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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
09/2007 – 03/2008		1	AboveNet, Inc.	$	—
09/2007 – 03/2008		—	AboveNet, Inc. Warrants		—
03/2007	$	860	Alliance One International, Inc., 8.50%, 05/15/2012		860
07/2007	$	647	Appleseed’s Brands, 8.40%, 06/25/2013		643
12/2006	$	420	Appleton Papers, Inc., 9.75%, 06/15/2014		422
02/2008 – 08/2008	$	1,550	Boise Paper Holdings LLC, 10.00%, 02/20/2015		1,457
12/2006 – 06/2007	$	1,325	Buffalo Thunder, 9.38%, 12/15/2014 - 144A		1,339
11/2006 – 08/2007	$	6,097	CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 - 144A		559
10/1994		1	Hosiery Corp. of America, Inc. Class A - 144A		21
03/2007 – 10/2008	$	1,684	Infor Lux Bond Co., 11.77%, 07/28/2014		1,409
08/2007	$	650	Integra Telecom Holdings, Inc., 10.47%, 04/08/2014		628
08/2006 – 08/2008	$	2,770	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		2,804
06/2007 – 09/2008	$	528	Marquee Holdings, Inc., 7.82%, 06/13/2012		519
05/2008	$	816	Mega Bloks, Inc., 8.75%, 07/26/2012		725
05/2001 – 11/2001	$	650	Potlatch Corp., 13.00%, 12/01/2009		647
06/2005 – 07/2005	$	1,200	Sheridan Group, Inc., 10.25%, 08/15/2011		1,234
02/2007	$	920	Soundview NIM Trust, 8.25%, 12/25/2036 - 144A		912
05/2007	$	462	Tribune Co., 9.00%, 12/20/2015		462
06/2008 – 08/2008	$	1,254	Turbo Beta Ltd., 14.50%, 03/12/2018		1,254
09/2008	$	690	United Components, Inc., 9.38%, 06/15/2013		620
06/2007 – 10/2008	$	1,419	WideOpenWest Finance LLC, 10.93%, 06/29/2015		1,374
05/2006		—	XO Holdings, Inc. Warrants		—


		The aggregate value of these securities at October 31, 2008 was $10,614 which represents 6.21% of total net assets.

(S)		Security pledged as initial margin deposit for open futures contracts at October 31, 2008.

Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

5 Year U.S. Treasury Note

149

Long

Dec 2008

263


		* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2008

Unrealized

Market

Contract

Delivery

Appreciation/

Description

Value (W)

Amount

Date

(Depreciation)

Euro (Sell)

802

784

01/29/09

(18

)


(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.

188

The Hartford High Yield Municipal Bond Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 88.3%
		Alabama — 1.5%
		Courtland Industrial Development Board Environmental Improvement Rev
$	4,750	5.00%, 11/01/2013	$	4,183
		Huntsville-Redstone Village, AL, Special Care Fac FA
	600	5.25%, 01/01/2015		523

				4,706


		Alaska — 1.0%
		North Slope Boro, AK
	3,000	2.80%, 06/30/2010 (L)		3,000

		Arizona — 1.0%
		Estrella Mountain Ranch Community GO
	265	6.20%, 07/15/2032 (H)		209
		Pinal County, AZ, Electric Dist #4
	1,150	6.00%, 12/01/2038		1,028
		Scottsdale, AZ, IDA
	1,000	5.25%, 09/01/2030		788
		Show Low Bluff, AZ, Community Fac Dist Special Assessment
	200	5.60%, 07/01/2031 (H)		144
		Tartesso West Community Facilities Dist
	1,000	5.90%, 07/15/2032 (H)		749

				2,918


		California — 6.2%
		California Municipal FA, Biola University
	1,000	5.80%, 10/01/2028		761
		California Statewide Community DA
	4,100	7.25%, 10/01/2032		3,389
		California Statewide Community DA, California Baptist University
	2,800	5.50%, 11/01/2038 (H)		1,754
		California Statewide Community DA, Drew School
	250	5.30%, 10/01/2037		173
		California Statewide Community DA, Huntington Park Rev
	200	5.15%, 07/01/2030		141
		California Statewide Community DA, Valleycare Health System
	100	5.13%, 07/15/2031 (H)		66
		Chino, CA, Community Fac Dist Special Tax B
	500	5.00%, 09/01/2036 (H)		330
		Folsom, CA, Public FA Special Tax Rev
	500	5.20%, 09/01/2032 (H)		347
		Morongo Band of Mission Indians Enterprise Rev
	1,595	6.50%, 03/01/2028 (I)		1,373
		Perris, CA, Public FA Local Agency Rev
	1,000	5.80%, 09/01/2038 (H)		740
		Rialto, CA, Redev Agency
	2,000	5.88%, 09/01/2033		1,915
		Roseville, CA, Special Tax
	1,000	6.00%, 09/01/2028		816
		San Jose Redev Agency
	500	6.50%, 08/01/2023 (Q)		498
		Turlock, CA, Health Facilities Rev
	2,675	5.38%, 10/15/2034		1,872
		Vernon, CA, Natural Gas FA
	4,725	5.00%, 08/01/2021		4,704

				18,879


		Colorado — 1.8%
		Baptist Road Rural Transportation Auth, Sales & Use Tax Rev
	800	5.00%, 12/01/2026		566
		Colorado E-470 Public Highway Auth Rev
	1,875	5.50%, 09/01/2024		1,763
		Colorado Educational & Cultural FA Rev, Charter School-Windsor Academy Proj
	500	5.70%, 05/01/2037 (H)		355
		Colorado Health FA Rev
	2,500	5.50%, 05/15/2028		1,977
		Denver, CO, City & County Special Fac Airport AMT
	500	5.25%, 10/01/2032		225
		North Range, CO, Metropolitan Dist #2
	500	5.50%, 12/15/2027 (H)		354
		Park Meadows, CO, Business Improvement Dist Shared Sales Tax Rev
	360	5.35%, 12/01/2031		275

				5,515


		Delaware — 0.4%
		Millsboro, DE, Special Obligation Plantation Lakes Special Development
	500	5.45%, 07/01/2036 (H)		345
		Sussex County, DE, Del Rev
	1,235	5.90%, 01/01/2026		938

				1,283


		District of Columbia — 0.9%
		District of Columbia Tobacco Settlement Financing Corp
	3,460	6.50%, 05/15/2033		2,717


		Florida — 9.6%
		Beeline Community Development Dist
	1,220	7.00%, 05/01/2037 (H)		1,037
		Brevard County, FL, Health Facilities Auth
	4,000	5.00%, 04/01/2034		2,774
		Florida Village Community Development Dist No 8
	2,855	6.38%, 05/01/2038		2,360
		Highlands County, FL, Adventist Health
	125	5.25%, 11/15/2036		134
		Jacksonville, FL, Econ Development Community AMT
	1,000	5.30%, 05/01/2037 (H)		592
		Jacksonville, FL, Econ Development Community Health Care Facilities
	2,000	6.25%, 09/01/2027		1,594
		Lakeland, FL, Retirement Community Rev
	500	6.25%, 01/01/2028		414
	1,750	6.38%, 01/01/2043		1,400
		Lee County, FL, IDA
	1,000	5.25%, 06/15/2027		687
		Magnolia Creek, FL, Community Development Dist Capital Improvement
	500	5.90%, 05/01/2039 (H)		349
		Miami-Dade County, FL, Educational Facilities Auth
	3,000	5.75%, 04/01/2028		2,925
		Orange County, FL, Health Care FA Rev
	200	5.50%, 07/01/2038 (H)		130
		Palm Beach County, FL, Health FA Rev Waterford Proj
	2,400	5.88%, 11/15/2037		1,792

The accompanying notes are an integral part of these financial statements.

189

The Hartford High Yield Municipal Bond Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)

MUNICIPAL BONDS — (continued)

		Florida — (continued)
		Parker Road, FL, Community Development Dist Cap Improvement Ser A
$	200	5.60%, 05/01/2038 (H)	$	131
		Putnam County, FL, DA
	3,125	5.35%, 03/15/2042		2,896
		River Bend Community Development Dist, Capital Improvement Rev
	2,000	7.13%, 11/01/2015		1,794
		Seminole Tribe of Florida
	4,500	5.25%, 10/01/2027 (I)		3,566
	1,000	5.50%, 10/01/2024 (I)		844
		Six Mile Creek, FL, Community Development Dist
	1,525	5.88%, 05/01/2038 (H)		970
		St. Johns County, FL, IDA
	1,765	5.00%, 02/15/2027 (H)		1,270
		Sweetwater Creek, FL, Community Development Dist Capital Improvement Rev
	1,000	5.50%, 05/01/2038 (H)		627
		Tolomato, FL, Community Development Dist
	800	6.65%, 05/01/2040		651
		University Square Community Development
	500	5.88%, 05/01/2038 (H)		361

				29,298


		Georgia — 0.5%
		Augusta, GA, Airport Rev AMT
	165	5.35%, 01/01/2028		119
	230	5.45%, 01/01/2031		163
		Marietta, GA, DA
	1,500	7.00%, 06/15/2030		1,267

				1,549


		Idaho — 2.0%
		Idaho Arts Charter School
	1,000	6.25%, 12/01/2028		810
		Idaho Board Bank Auth
	1,465	5.63%, 09/15/2026 (Q)		1,523
		Nez Perce County, ID, Pollution Control
	5,000	6.00%, 10/01/2024		3,862

				6,195


		Illinois — 5.0%
		Aurora, IL, Tax Increment Rev
	1,000	6.75%, 12/30/2027		852
		Belleville, IL, Tax Increment
	1,000	5.70%, 05/01/2036 (H)		719
		Chicago, IL, Board of Education
	2,780	9.00%, 03/01/2031 (L)		2,780
		Chicago, IL, O’Hare International Airport Special Fac Rev, American Airlines Inc.
	250	5.50%, 12/01/2030		100
		Chicago, IL, O’Hare Int’l Airport Rev
	2,210	6.00%, 01/01/2017		2,159
		Hampshire, IL, Special Service Area #13, Tuscany Woods Proj
	200	5.75%, 03/01/2037 (H)		139
		Hampshire, IL, Special Service Area #16, Prairie Ridge Proj
	200	6.00%, 03/01/2046 (H)		142
		Illinois FA Rev
	1,070	5.38%, 07/01/2033		901
	300	5.38%, 11/15/2039 (H)		192
	6,000	5.50%, 08/15/2030		4,716
		Illinois FA, Children’s Memorial Hospital
	1,500	5.38%, 08/15/2039		1,164
		Illinois FA, Children’s Memorial Hospital Ser B
	1,500	5.50%, 08/15/2028		1,276
		Illinois FA, Edward Hospital
	190	6.25%, 02/01/2033		193

				15,333


		Indiana — 0.4%
		East Chicago, IN, Industrial Solid Waste Disposal AMT
	1,000	5.50%, 09/01/2028 (H)		639
		Fort Wayne, IN, Pollution Control Rev
	675	6.20%, 10/15/2025 (H)		203
		Vigo County, IN, Union Hospital
	500	5.70%, 09/01/2037 (H)		339

				1,181


		Kansas — 0.1%
		Olathe, KS, Tax Increment Rev, West Village Center
	500	5.50%, 09/01/2026 (H)		389

		Louisiana — 2.6%
		Colonial Pinnacle Community Development Dist
	2,655	6.75%, 05/01/2023		2,282
		Louisiana Local Government Environmental Facilities & Community Development
	6,000	6.75%, 11/01/2032		4,706
		Louisiana Public Fac Auth, Susla Fac Inc
	500	5.75%, 07/01/2039 (H)		367
		St. Johns Baptist Parish, LA, Marathon Oil Co.
	1,000	5.13%, 06/01/2037		623

				7,978


		Maryland — 0.2%
		Maryland State Health & Higher Education FA Rev
	770	6.00%, 01/01/2028		598

		Massachusetts — 0.2%
		Massachusetts State Health & Education Facilities
	1,000	5.13%, 07/01/2033		689

		Michigan — 9.1%
		Detroit, MI, GO
	12,175	5.00%, 04/01/2016 (H)		11,624
		Dickinson County, MI, Econ Development Corp
	3,000	5.75%, 06/01/2016		2,605
		Flint International Academy
	2,500	5.75%, 10/01/2037		1,869
		Michigan Public Educational Facilities
	5,000	6.50%, 09/01/2037 (I)		3,952
		Michigan State Hospital FA, McLaren Health Care
	3,000	5.63%, 05/15/2028		2,721
		Michigan Tobacco Settlement FA
	2,600	6.00%, 06/01/2034		1,895
		Michigan Tobacco Settlement Fin
	4,165	6.88%, 06/01/2042		3,143

				27,809


		Minnesota — 0.6%
		Baytown Township, MN
	750	7.00%, 08/01/2038		621

The accompanying notes are an integral part of these financial statements.

190


Principal			Market
Amount			Value (W)

MUNICIPAL BONDS — (continued)

		Minnesota — (continued)
		Falcon Heights, MN, Lease Rev
$	525	6.00%, 11/01/2037	$	388
		Minneapolis, MN, Multifamily Housing Rev AMT
	200	5.40%, 04/01/2028		151
		Rochester, MN, Health Care Fac Rev
	790	5.70%, 05/01/2022 (H)		628
		Worthington, MN, Housing Rev Ref, Meadows Worthington Proj
	100	5.38%, 05/01/2037 (H)		69

				1,857


		Missouri — 0.5%
		Branson Hills, MO, Infrastructure Fac
	100	5.50%, 04/01/2027 (H)		74
		Branson, MO, Regional Airport Transportation Development AMT
	1,300	6.00%, 07/01/2025 (H)		944
		Kansas City, MO, Tax Increment Rev Maincor Proj Ser A
	500	5.25%, 03/01/2018		436

				1,454


		Nebraska — 1.6%
		Douglas County, NE, Hospital Auth
	2,000	5.75%, 11/01/2028		1,675
		Madison County, NE, Hospital Auth
	3,000	6.00%, 07/01/2033		2,368
		Omaha Public Power Dist
	1,000	5.50%, 02/01/2033 (Q)		983

				5,026


		Nevada — 0.8%
		Las Vegas, NV, Special Improvement Dist #808 & 810, Summerlin Village
	500	6.13%, 06/01/2031 (H)		373
		Mesquite Special Improvement Dist #07-01
	500	6.00%, 08/01/2027		379
		Sparks Tourism Improvement
	2,240	6.75%, 06/15/2028		1,850

				2,602


		New Hampshire — 0.0%
		New Hampshire State Business Fin Rev AMT
	200	5.20%, 05/01/2027 (H)		134

		New Jersey — 2.7%
		Burlington County, NJ, Bridge Commission Econ Development Rev, The Evergreen Proj
	1,500	5.63%, 01/01/2038 (H)		1,030
		New Jersey Econ DA
	4,800	6.25%, 09/15/2019		3,587
		New Jersey Health Care Facilities FA
	4,000	6.63%, 07/01/2038		3,011
		New Jersey Health Care Services FA
	800	5.50%, 07/01/2030		611

				8,239


		New Mexico — 1.6%
		Los Alamos County, NM
	3,000	5.88%, 06/01/2027		3,003
		Montecito Estates Public Improvement Rev
	1,000	7.00%, 10/01/2037 (H)		788
		Otero County NM Jail Proj Rev
	1,370	6.00%, 04/01/2028		1,062
		Otero County, NM, Jail Proj
	100	6.00%, 04/01/2023		83

				4,936


		New York — 8.0%
		Erie County, NY, IDA Global Concepts Charter School Proj
	2,100	6.25%, 10/01/2037		1,612
		Genesee County, NY, IDA Civic Fac Rev, United Memorial Medical Center
	500	5.00%, 12/01/2027 (H)		344
		Nassau County, NY, IDA Continuing Care Retirement
	2,500	6.70%, 01/01/2043		1,990
		Nassau County, NY, IDA Continuing Care Retirement, Amsterdam at Harborside Ser A
	1,000	6.50%, 01/01/2027		829
		New York State Dormitory Auth Non State Supported Debt, NYU Hospital Center Ser B
	750	5.63%, 07/01/2037		544
		New York State Dormitory Auth Non State Supported Debt, Orange Regional Med Center
	4,550	6.13%, 12/01/2029		3,676
		New York, NY, GO
	4,000	6.25%, 10/15/2028		4,190
		New York, NY, IDA American Airlines JFK International Airport AMT
	515	7.13%, 08/01/2011		438
	9,000	7.63%, 08/01/2025		7,181
	1,725	8.00%, 08/01/2012		1,465
		Ulster County, NY, IDA
	3,250	6.00%, 09/15/2037 — 09/15/2042		2,354

				24,623


		North Carolina — 0.3%
		Albemarle, NC, Hospital Auth Healthcare
	1,000	5.25%, 10/01/2038		701
		Raleigh, NC, Medical Care Commission Retirement Fac Rev
	200	5.25%, 01/01/2032 (H)		132

				833


		Ohio — 4.4%
		Buckeye Tobacco Settlement FA
	9,925	5.88%, 06/01/2030 — 06/01/2047		6,827
	9,500	6.50%, 06/01/2047 #		6,542

				13,369


		Oklahoma — 0.3%
		Oklahoma Development FA, Hospital Rev Great Plains Regional Medical Center
	500	5.13%, 12/01/2036		341
		Oklahoma Municipal Power Auth
	500	5.88%, 01/01/2028		497

				838


		Other U.S. Territories — 1.0%
		Puerto Rico Commonwealth
	3,570	5.50%, 07/01/2032		3,111

The accompanying notes are an integral part of these financial statements.

191

The Hartford High Yield Municipal Bond Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)

MUNICIPAL BONDS — (continued)
		Pennsylvania — 2.1%
		Allegheny County, PA, Higher Education Building Auth
$	1,150	5.00%, 03/01/2033	$	991
		Erie Higher Educational Building Auth
	1,000	5.50%, 03/15/2038		716
		Northampton County, PA
	3,000	5.50%, 08/15/2035		2,229
		Pennsylvania State Higher Educational FA Rev
	855	5.75%, 07/01/2028		690
		Pennsylvania Turnpike Commission
	1,335	6.00%, 06/01/2028		1,398
		Philadelphia, PA, IDA
	500	5.25%, 05/01/2037		344

				6,368


		Rhode Island — 0.3%
		Rhode Island Tobacco Settlement Funding Corp
	945	6.00%, 06/01/2023		852

		South Carolina — 0.6%
		Lancaster County, SC, Sun City Assessment
	1,987	7.70%, 11/01/2017		1,775

		South Dakota — 1.6%
		South Dakota Educational Enhancement Funding Corp
	6,030	6.50%, 06/01/2032		4,906

		Texas — 8.8%
		Brazos County, TX, Health Facilities Development Corp
	6,570	5.50%, 01/01/2033 — 01/01/2038		5,111
		Brazos River Harbor Navigation Dist
	2,000	5.95%, 05/15/2033		1,521
		Burnet County, TX, Public Fac Proj Rev
	2,000	7.75%, 08/01/2029		1,686
		Dallas County, TX, Utility & Reclamation Dist
	5,000	5.38%, 02/15/2029		4,765
		Dallas-Fort Worth, TX, International Airport AMT
	750	6.15%, 01/01/2016		659
		Garza County, TX, Public Fac Corp Rev
	1,000	5.75%, 10/01/2025		838
		Guadalupe County, TX, Board Managers Joint Rev
	2,000	5.50%, 08/15/2036		1,721
		Gulf Coast Waste Disposal Auth AMT
	1,000	5.20%, 05/01/2028		658
		Harris County, TX, Cultural Education Fac Baylor CLG Medicine
	2,855	5.63%, 11/15/2032		2,563
		Houston, TX, Airport System Rev
	6,500	6.75%, 07/01/2021		3,900
		Maverick County, TX, Public Fac Corp Proj Rev
	1,685	6.25%, 02/01/2024		1,334
		Travis County, TX, Health Fac, Querencia Barton Creek Project
	600	5.65%, 11/15/2035 (H)		423
		Willacy County, TX, GO
	2,500	6.88%, 09/01/2028		1,869

				27,048


		Utah — 1.9%
		Provo, UT, Lakeview Charter School
	1,300	5.63%, 07/15/2037		932
		Provo, UT, Renaissance Charter School
	200	5.63%, 07/15/2037		143
		Utah County, UT, Charter School Rev
	1,000	6.00%, 02/15/2038		748
		Utah State Charter School FA Charter School Rev
	2,000	6.75%, 08/15/2028		1,696
		Utah State Charter School Financing Auth, Channing Hall Ser A
	750	5.88%, 07/15/2027 (I)		586
	700	6.00%, 07/15/2037 (I)		527
		Utah State Charter School Financing Auth, Summit Academy Ser A
	1,500	5.80%, 06/15/2038		1,141

				5,773


		Virginia — 1.0%
		James City County, VA, Econ DA Residential Care Fac
	1,100	5.40%, 07/01/2027 (H)		762
		Lexington, VA, IDA Residential Care Fac Rev
	1,050	5.50%, 01/01/2037 (H)		715
		Norfolk, VA, Redev & Housing Auth Rev
	2,005	6.13%, 01/01/2035 (H)		1,505
		Peninsula, VA, Turn Center Community Dev DA
	300	6.45%, 09/01/2037		230

				3,212


		Washington — 1.3%
		Skagit County, WA, Public Hospital Rev
	2,000	5.75%, 12/01/2032		1,450
		Washington State Health Care FA Rev
	3,600	6.13%, 08/15/2037		2,688

				4,138


		West Virginia — 0.9%
		West Virginia State Hospital FA Rev Thomas Health Systems
	3,500	6.50%, 10/01/2028 — 10/01/2038		2,693

		Wisconsin — 5.5%
		Wisconsin Badger Tobacco Asset Securitization Corp.
	13,695	6.13%, 06/01/2027		12,925
	1,000	6.38%, 06/01/2032		895
		Wisconsin State Health & Educational FA Rev
	2,500	5.50%, 08/15/2023		2,503
		Wisconsin State Health & Educational Fac Auth, Wellington Homes Wis LLC
	600	6.75%, 09/01/2037 (H)		467

				16,790

		Total municipal bonds (cost $327,944)	$	270,614

The accompanying notes are an integral part of these financial statements.

192


Shares

SHORT-TERM INVESTMENTS — 10.5%
		Investment Pools and Funds — 10.5%
	32,259	State Street Bank Tax Free Money Market Fund			$	32,259

		Total short-term investments (cost $32,259)			$	32,259

		Total investments (cost $360,203) (C)	98.8	%	$	302,873
		Other assets and liabilities	1.2	%		3,751

		Total net assets	100.0	%	$	306,624


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $360,203 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	392
Unrealized Depreciation		(57,722	)

Net Unrealized Depreciation	$	(57,330	)


#		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 Rule 144A under 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 October 31, 2008, was $10,848, which represents 3.54% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(Q)		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2008 was $2,999.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis

02/2008	$	1,220	Beeline Community Development Dist, 7.00%, 05/01/2037	$	1,220
09/2007		1,000	Belleville, IL, Tax Increment, 5.70%, 05/01/2036		994
05/2007		100	Branson Hills, MO, Infrastructure Fac, 5.50%, 04/01/2027		100
06/2007 –		1,300	Branson, MO, Regional Airport
06/2008			Transportation Development AMT, 6.00%, 07/01/2025		1,199
09/2007		1,500	Burlington County, NJ, Bridge Commission Econ Development Rev, The Evergreen Proj, 5.63%, 01/01/2038		1,492
06/2007 –		2,800	California Statewide Community
03/2008			DA, California Baptist University, 5.50%, 11/01/2038		2,665
05/2007		100	California Statewide Community DA, Valleycare Health System, 5.13%, 07/15/2031		100
05/2007		500	Chino, CA, Community Fac Dist Special Tax B, 5.00%, 09/01/2036		493
06/2007		500	Colorado Educational & Cultural FA Rev, Charter School-Windsor Academy Proj, 5.70%, 05/01/2037 - 144A		500
06/2008		12,175	Detroit, MI, GO, 5.00%, 04/01/2016		12,174
09/2007		1,000	East Chicago, IN, Industrial Solid Waste Disposal AMT, 5.50%, 09/01/2028		966
11/2007		265	Estrella Mountain Ranch Community GO, 6.20%, 07/15/2032		265
06/2007		500	Folsom, CA, Public FA Special Tax Rev, 5.20%, 09/01/2032		497
05/2007 –		675	Fort Wayne, IN, Pollution Control
06/2007			Rev, 6.20%, 10/15/2025		696
06/2007		500	Genesee County, NY, IDA Civic Fac Rev, United Memorial Medical Center, 5.00%, 12/01/2027		494
05/2007		200	Hampshire, IL, Special Service Area #13, Tuscany Woods Proj, 5.75%, 03/01/2037		200
07/2007		200	Hampshire, IL, Special Service Area #16, Prairie Ridge Proj, 6.00%, 03/01/2046		201
05/2007		300	Illinois FA Rev, 5.38%, 11/15/2039		303
05/2007 –		1,000	Jacksonville, FL, Econ Development
09/2007			Community AMT, 5.30%, 05/01/2037		982
07/2007 –		1,100	James City County, VA, Econ DA
09/2007			Residential Care Fac, 5.40%, 07/01/2027		1,081
08/2007		500	Las Vegas, NV, Special Improvement Dist #808 & 810, Summerlin Village, 6.13%, 06/01/2031		498
06/2007 –		1,050	Lexington, VA, IDA Residential Care
10/2007			Fac Rev, 5.50%, 01/01/2037		1,023
07/2007		500	Louisiana Public Fac Auth, Susla Fac Inc, 5.75%, 07/01/2039 - 144A		503
06/2007		500	Magnolia Creek, FL, Community Development Dist Capital Improvement, 5.90%, 05/01/2039		496
06/2007		500	Millsboro, DE, Special Obligation Plantation Lakes Special Development, 5.45%, 07/01/2036		500
12/2007		1,000	Montecito Estates Public Improvement Rev, 7.00%, 10/01/2037		1,000
05/2007		200	New Hampshire State Business Fin Rev AMT, 5.20%, 05/01/2027		206
04/2008		2,005	Norfolk, VA, Redev & Housing Auth Rev, 6.13%, 01/01/2035		1,845
06/2007		500	North Range, CO, Metropolitan Dist #2, 5.50%, 12/15/2027		499
06/2007		500	Olathe, KS, Tax Increment Rev, West Village Center, 5.50%, 09/01/2026		498
06/2007		200	Orange County, FL, Health Care FA Rev, 5.50%, 07/01/2038		195
05/2007		200	Parker Road, FL, Community Development Dist Cap Improvement Ser A, 5.60%, 05/01/2038		199
11/2007		1,000	Perris, CA, Public FA Local Agency Rev, 5.80%, 09/01/2038		1,000
05/2007		200	Raleigh, NC, Medical Care Commission Retirement Fac Rev, 5.25%, 01/01/2032		199
11/2007		790	Rochester, MN, Health Care Fac Rev, 5.70%, 05/01/2022		790
05/2007		200	Show Low Bluff, AZ, Community Fac Dist Special Assessment, 5.60%, 07/01/2031 - 144A		200

The accompanying notes are an integral part of these financial statements.

193

The Hartford Income Allocation Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)

AFFILIATED INVESTMENT COMPANIES — 98.3%
FIXED INCOME FUNDS — 98.3%
	781	The Hartford Floating Rate Fund, Class Y			$	5,571
	676	The Hartford High Yield Fund, Class Y				3,740
	1,040	The Hartford Income Fund, Class Y				8,601
	748	The Hartford Inflation Plus Fund, Class Y				7,328
	1,488	The Hartford Short Duration Fund, Class Y				13,677
	581	The Hartford Strategic Income Fund, Class Y				4,273
	1,110	The Hartford Total Return Bond Fund, Class Y				10,331

		Total investments in affiliated investment companies (cost $62,224)			$	53,521



EXCHANGE TRADED FUNDS — 1.4%
	44	Powershares Emerging Markets Sovereign Debt Portfolio ETF			$	749

		Total investments in exchange traded funds (cost $1,129)			$	749

		Total long-term investments (cost $63,353)			$	54,270



SHORT-TERM INVESTMENTS — 0.0%
	6	State Street Bank Money Market Fund			$	6

		Total investments in short-term investments (cost $6)			$	6

		Total investments (cost $63,359) (C)	99.7	%	$	54,276
		Other assets and liabilities	0.3	%		189

		Total net assets	100.0	%	$	54,465


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $64,216 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	—
Unrealized Depreciation		(9,940	)

Net Unrealized Depreciation	$	(9,940	)


(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.

195

The Hartford Income Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 8.4%
		Finance — 8.3%
		Banc of America Commercial Mortgage, Inc.
$	2,719	5.50%, 11/10/2039 (H)(?)	$	50
	7,071	5.75%, 06/10/2039 (H)(?)		37
		Bayview Commercial Asset Trust
	200	3.63%, 04/25/2036 (H)(L)		146
	5,486	7.00%, 07/25/2037 (H)(?)		543
	10,102	7.50%, 09/25/2037 (H)(?)		1,157
		Bear Stearns Commercial Mortgage Securities, Inc.
	1,650	5.15%, 10/12/2042 (L)		1,335
	1,700	5.33%, 02/11/2044		1,257
		Capital Automotive Receivables Asset Trust
	50	5.77%, 05/20/2010 (H)		47
		CBA Commercial Small Balance Commercial Mortgage
	5,115	7.00%, 07/25/2035 — 06/25/2038 (A)(H)(?)		363
	6,431	9.75%, 01/25/2039 (H)(?)		675
		Citigroup Mortgage Loan Trust, Inc.
	200	5.76%, 01/25/2037 (H)(L)		7
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	2,000	5.48%, 12/11/2049 (H)(L)		914
		Commercial Mortgage Pass-Through Certificates
	5,459	5.50%, 03/10/2039 (H)(?)		90
		Countrywide Asset-Backed Certificates
	44	5.46%, 07/25/2035		30
		Credit-Based Asset Servicing and Securitization
	204	3.53%, 05/25/2036 (H)(L)		165
		Equity One ABS, Inc.
	28	5.46%, 12/25/2033		16
	5	5.76%, 07/25/2034 (H)(L)		1
		Ford Credit Automotive Owner Trust
	600	4.28%, 05/15/2012		553
		GE Business Loan Trust
	8,112	6.14%, 05/15/2034 (H)(?)		42
		GE Capital Commercial Mortgage Corp.
	1,000	5.34%, 03/10/2044 (L)		609
	54,576	6.35%, 11/10/2045 (H)(?)		60
		GMAC Commercial Mortgage Securities, Inc.
	200	5.30%, 08/10/2038 #		169
		GMAC Mortgage Corp. Loan Trust
	270	5.75%, 10/25/2036 (H)		217
		Green Tree Financial Corp.
	7	6.48%, 12/01/2030		7
	5	7.30%, 01/15/2026		5
	9	7.35%, 05/15/2027		9
		Greenwich Capital Commercial Funding Corp.
	198	5.24%, 11/05/2021 (H)(L)		40
	189	5.45%, 11/05/2021 (H)(L)		38
		JP Morgan Automotive Receivable Trust
	75	12.85%, 03/15/2012 (A)(H)		32
		JP Morgan Chase Commercial Mortgage Securities Corp.
	1,550	5.18%, 12/15/2044 (L)		1,243
	502	5.47%, 04/15/2043 (L)		388
	2,224	5.50%, 01/15/2038 (H)(?)		46
	250	5.53%, 12/12/2044 (H)(L)		126
	190	6.16%, 05/12/2034 (H)		179
	830	6.20%, 02/12/2051 (I)(L)		406
		LB-UBS Commercial Mortgage Trust
	21,410	5.26%, 06/15/2036 (H)(?)		40
	250	5.45%, 11/15/2038 (L)		133
	767	5.48%, 11/15/2038 (L)		398
		Lehman Brothers Small Balance Commercial
	120	5.62%, 09/25/2036 (H)		107
		LNR CDO Ltd.
	250	4.09%, 05/28/2043 (A)(H)(L)		5
		Long Beach Asset Holdings Corp.
	45	5.78%, 04/25/2046 (D)(H)		—
		Marathon Real Estate CDO Ltd.
	1,000	4.66%, 05/25/2046 (H)(L)		200
		Marlin Leasing Receivables LLC
	440	5.33%, 09/16/2013 (I)		420
		Merrill Lynch Floating Trust
	1,000	5.11%, 06/15/2022 (A)(H)(L)		608
		Morgan Stanley Capital I
	735	4.97%, 04/14/2040		608
	2,000	5.15%, 08/13/2042 (L)		1,294
	700	5.65%, 12/15/2044		597
	1,000	5.78%, 10/15/2042 (H)(L)		455
		Nationstar Home Equity Loan Trust
	23	9.97%, 03/25/2037 (H)(L)		1
		Option One Mortgage Loan Trust, Class M6
	725	6.99%, 03/25/2037 (H)		97
		Option One Mortgage Loan Trust, Class M7
	500	6.99%, 03/25/2037 (H)		60
		Option One Mortgage Loan Trust, Class M8
	475	6.99%, 03/25/2037 (H)		54
		PSE&G Transition Funding LLC
	70	6.61%, 06/15/2015		70
		Renaissance Home Equity Loan Trust
	80	5.75%, 05/25/2036 (H)(L)		67
	200	6.16%, 05/25/2036 (H)		52
		Renaissance Home Equity Loan Trust, Class M5
	600	7.00%, 09/25/2037 (H)		76
		Renaissance Home Equity Loan Trust, Class M8
	750	7.00%, 09/25/2037 (H)		69
		USAA Automotive Owner Trust
	845	5.36%, 06/15/2012		816
		Wachovia Automotive Loan Owner Trust
	250	5.15%, 07/20/2012 (H)		224
	260	5.29%, 06/20/2012 (H)		240
		Wachovia Bank Commercial Mortgage Trust
	6,594	5.50%, 02/15/2041 (H)(?)		113
		Wachovia Bank Commercial Mortgage
	1,425	5.79%, 07/15/2045 (L)		915
		Wamu Commercial Mortgage Securities Trust
	1,220	6.14%, 03/23/2045 (I)(L)		732
		Wells Fargo Alternative Loan Trust
	970	6.25%, 11/25/2037 (H)		721

				20,174

		Utilities — 0.1%
		Detroit Edison Securitization
	64	6.19%, 03/01/2013		65

		Total asset & commercial mortgage backed securities (cost $30,703)	$	20,239

The accompanying notes are an integral part of these financial statements.

196


Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — 32.7%
		Basic Materials — 1.1%
		International Paper Co.
$	870	7.40%, 06/15/2014	$	731
		Kimberly-Clark Corp.
	1,000	6.13%, 08/01/2017		932
	925	7.50%, 11/01/2018		940

				2,603

		Capital Goods — 0.6%
		Embraer Overseas Ltd.
	400	6.38%, 01/24/2017		260
		Hutchison Whampoa International Ltd.
	200	6.25%, 01/24/2014 (I)		165
		Xerox Corp.
	1,360	6.35%, 05/15/2018		996

				1,421

		Consumer Cyclical — 0.7%
		CRH America, Inc.
	1,000	5.63%, 09/30/2011		899
	440	8.13%, 07/15/2018		362
		Home Depot, Inc.
	253	5.88%, 12/16/2036		151
		Safeway, Inc.
	445	5.80%, 08/15/2012 (G)		416

				1,828

		Consumer Staples — 1.6%
		Diageo Finance B.V.
	800	5.50%, 04/01/2013		754
		Dr. Pepper Snapple Group
	882	6.82%, 05/01/2018 (I)		772
		General Mills, Inc.
	1,010	5.70%, 02/15/2017		861
		PepsiCo, Inc.
	1,331	7.90%, 11/01/2018		1,404

				3,791

		Energy — 0.7%
		Kazmunaigaz Finance Sub B.V.
	300	8.38%, 07/02/2013 (I)		201
		Ras Laffan Liquefied Natural Gas Co., Ltd.
	1,500	5.30%, 09/30/2020 (I)		1,309
		TNK-BP Finance S.A.
	505	7.50%, 03/13/2013 — 07/18/2016 (H)		234

				1,744

		Finance — 14.2%
		ABX Financing Co.
	680	6.35%, 10/15/2036 (I)		453
		Aetna, Inc.
	245	6.00%, 06/15/2016		205
	880	6.63%, 06/15/2036		618
		American General Finance Corp.
	358	3.09%, 08/17/2011 (L)		154
		American Real Estate Partners L.P.
	685	7.13%, 02/15/2013		432
		Arden Realty L.P.
	150	5.20%, 09/01/2011 #		142
		BAE Systems Holdings, Inc.
	1,443	6.40%, 12/15/2011 (I)		1,488
		Bank of America Corp.
	650	5.65%, 05/01/2018		559
	1,110	8.00%, 01/30/2018 (L)(CC)		831
	731	8.13%, 05/15/2018 (CC)		566
		Berkshire Hathaway Finance Corp.
	943	5.00%, 08/15/2013 (G)(I)		898
		CIT Group, Inc.
	788	6.10%, 03/15/2067 (L)#		134
		Citigroup, Inc.
	2,072	8.30%, 12/21/2057 (L)		1,422
	1,126	8.40%, 04/30/2018 (L)(CC)		783
		Comerica Capital Trust II
	1,654	6.58%, 02/20/2037 (L)#		543
		COX Communications, Inc.
	1,097	6.25%, 06/01/2018 (I)		895
		Credit Agricole S.A.
	1,720	6.64%, 05/31/2017 (I)(L)(CC)		824
		Credit Suisse New York
	471	6.00%, 02/15/2018		362
		Deutsche Bank Capital Funding Trust
	90	5.63%, 01/19/2016 (G)(I)#(CC)		54
		General Electric Capital Corp.
	840	5.63%, 05/01/2018		691
		Goldman Sachs Capital Trust II
	2,457	5.79%, 06/01/2012 (L)#(CC)		1,128
		Goldman Sachs Group, Inc.
	125	5.15%, 01/15/2014		105
		HBOS plc
	500	5.92%, 10/01/2015 (I)(CC)		238
		HSBK Europe B.V.
	250	7.25%, 05/03/2017 (H)		127
		ILFC E-Capital Trust II
	4,410	6.25%, 12/21/2065 (I)(L)		1,428
		International Lease Finance Corp.
	669	6.38%, 03/25/2013		437
		Janus Capital Group, Inc.
	1,105	6.70%, 06/15/2017		701
		JP Morgan Chase & Co.
	1,630	7.90%, 04/30/2018 (CC)		1,321
		Kuzneski (Bank of Moscow)
	200	7.50%, 11/25/2015 (L)		72
		Lincoln National Corp.
	1,197	6.05%, 04/20/2067		551
		Mellon Capital IV
	764	6.24%, 06/20/2012 (L)(CC)		459
		Morgan Stanley
	509	5.45%, 01/09/2017 (G)		407
		National City Corp.
	1,085	12.00%, 12/10/2012 (CC)		988
		Northgroup Preferred Capital Corp.
	638	6.38%, 10/15/2017 (H)(L)(CC)		368
		PNC Preferred Funding Trust II
	1,600	6.11%, 03/15/2012 (I)(L)(CC)		1,111
		Progressive Corp.
	1,525	6.70%, 06/15/2037 (L)		908
		Prudential Financial, Inc.
	2,170	8.88%, 06/15/2038 (G)(L)		1,249
		RBS Capital Trust IV
	3,350	4.56%, 09/30/2014 (L)(CC)		1,509
		Rio Tinto Finance USA Ltd.
	1,610	5.88%, 07/15/2013		1,374

The accompanying notes are an integral part of these financial statements.

197

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)

CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Finance — (continued)
		RSHB Capital
$	570	6.97%, 09/21/2016 (H)(L)	$	285
		Shurgard Storage Centers, Inc.
	75	5.88%, 03/15/2013		75
		State Street Capital Trust III
	560	8.25%, 03/15/2011 (L)(CC)		482
		State Street Capital Trust IV
	735	3.82%, 06/15/2037 (L)		471
		TransCapitalInvest Ltd.
	400	8.70%, 08/07/2018 (H)		236
		Travelers Cos., Inc.
	414	6.25%, 03/15/2037 (L)		247
		UBS Preferred Funding Trust I
	1,920	8.62%, 10/01/2010 (CC)		1,423
		Unicredito Italiano Capital Trust
	920	9.20%, 10/05/2010 (I)(CC)		626
		UnitedHealth Group, Inc.
	1,251	4.88%, 02/15/2013		1,167
		US Bank Realty Corp.
	725	6.09%, 01/15/2012 (I)(L)(CC)		341
		USB Capital IX
	1,300	6.19%, 04/15/2011 (L)(CC)		676
		Wachovia Corp.
	55	7.98%, 03/15/2018 (G)(L)(CC)		42
		Wells Fargo Capital XIII
	1,012	7.70%, 03/26/2013 (L)(CC)		827
		Westfield Group
	740	5.70%, 10/01/2016 (I)		549
		Westpac Capital Trust IV
	100	5.26%, 03/31/2016 (I)(CC)		59
		ZFS Finance USA Trust I
	721	6.50%, 05/09/2037 (I)(L)		389

				34,430

		Health Care — 0.8%
		Covidien International Finance S.A.
	519	5.45%, 10/15/2012		501
		CVS Caremark Corp.
	1,500	6.30%, 06/01/2037 (L)		1,050
		Wyeth
	465	5.95%, 04/01/2037		377

				1,928

		Services — 1.6%
		Comcast Corp.
	516	6.30%, 11/15/2017		446
		News America, Inc.
	346	6.15%, 03/01/2037		252
		Time Warner Entertainment Co., L.P.
	1,210	8.38%, 07/15/2033		1,070
		Walt Disney Co.
	1,000	6.00%, 07/17/2017		933
		Waste Management, Inc.
	1,529	6.10%, 03/15/2018		1,235

				3,936

		Technology — 6.0%
		Agilent Technologies, Inc.
	744	6.50%, 11/01/2017		556
		AT&T Corp.
	480	8.00%, 11/15/2031		443
		Cingular Wireless Services, Inc.
	210	8.13%, 05/01/2012 #		208
	455	8.75%, 03/01/2031		423
		Deutsche Telekom International Finance B.V.
	850	5.25%, 07/22/2013 #		753
	1,150	5.38%, 03/23/2011		1,076
	416	6.75%, 08/20/2018		347
		Embarq Corp.
	1,341	7.08%, 06/01/2016		1,033
		France Telecom S.A.
	150	7.75%, 03/01/2011 (L)#		148
		IBM Corp.
	1,511	6.50%, 10/15/2013		1,554
		Oracle Corp.
	1,329	6.50%, 04/15/2038		1,106
		Rogers Cable, Inc.
	205	8.75%, 05/01/2032		193
		Rogers Communications, Inc.
	1,667	6.80%, 08/15/2018		1,459
	931	7.50%, 03/15/2015		874
		Telecom Italia Capital
	1,597	7.72%, 06/04/2038		1,087
		Tyco Electronics Group S.A.
	727	6.00%, 10/01/2012		684
	763	6.55%, 10/01/2017		635
		Verizon Communications, Inc.
	540	5.50%, 02/15/2018		453
	621	8.75%, 11/01/2018		635
		Vodafone Group plc
	1,166	6.15%, 02/27/2037		873

				14,540

		Transportation — 1.1%
		American Airlines, Inc.
	1,475	7.86%, 10/01/2011 #		1,173
		Canadian Pacific Railway Co.
	470	5.75%, 05/15/2013		420
	385	5.95%, 05/15/2037		229
		Carnival Corp.
	110	6.65%, 01/15/2028 #		88
		Continental Airlines, Inc.
	100	6.56%, 02/15/2012 #		77
	76	6.80%, 08/02/2018		52
		Norfolk Southern Corp.
	755	5.75%, 04/01/2018		650

				2,689

		Utilities — 4.3%
		CenterPoint Energy Resources Corp.
	207	6.63%, 11/01/2037		136
		Commonwealth Edison Co.
	1,405	5.80%, 03/15/2018		1,153
		Duke Energy Corp.
	441	6.35%, 08/15/2038 (G)		368
		Florida Power Corp.
	296	5.80%, 09/15/2017		267
		Kinder Morgan Energy Partners L.P.
	230	6.50%, 02/01/2037		160

The accompanying notes are an integral part of these financial statements.

198


Principal			Market
Amount			Value (W)

CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Utilities — (continued)
		NGPL Pipeco LLC
$	1,024	6.51%, 12/15/2012 (I)	$	952
		Northern States Power Co.
	400	6.25%, 06/01/2036 (G)		334
		Pacific Gas & Electric Energy Recovery Funding LLC
	600	8.25%, 10/15/2018		611
		Public Service Co. of Colorado
	874	6.50%, 08/01/2038		760
		Sierra Pacific Power Co.
	788	5.45%, 09/01/2013		736
		Southern California Edison Co.
	964	5.75%, 03/15/2014		952
		Spectra Energy Corp.
	915	5.90%, 09/15/2013		831
		Taqa Abu Dhabi National Energy Co.
	1,325	5.62%, 10/25/2012 (I)		1,109
		Tennessee Gas Pipeline Co.
	100	8.38%, 06/15/2032		81
		TransCanada Pipelines Ltd.
	1,410	7.25%, 08/15/2038		1,118
		Virginia Electric & Power Co.
	1,000	5.95%, 09/15/2017		861

				10,429

		Total corporate bonds: investment grade (cost $104,413)	$	79,339



CORPORATE BONDS: NON-INVESTMENT GRADE — 7.0%
		Basic Materials — 0.4%
		Evraz Group S.A.
$	440	8.88%, 04/24/2013 (H)	$	189
		Graham Packaging Co., Inc.
	395	8.50%, 10/15/2012		289
	110	9.88%, 10/15/2014		69
		Huntsman International LLC
	100	7.88%, 11/15/2014		89
		Momentive Performance
	380	9.75%, 12/01/2014		213
		Vedanta Resources plc
	400	8.75%, 01/15/2014 (H)		196

				1,045

		Capital Goods — 0.2%
		Bombardier, Inc.
	350	6.30%, 05/01/2014 (I)		278
	100	6.75%, 05/01/2012 (I)		86

				364

		Consumer Cyclical — 0.7%
		Desarrolladora Homes S.A.
	330	7.50%, 09/28/2015 (G)(H)		198
		KB Home & Broad Home Corp.
	200	6.38%, 08/15/2011		158
		Neiman Marcus Group, Inc.
	630	10.38%, 10/15/2015 (G)		419
		Parkson Retail Group Ltd.
	460	7.88%, 11/14/2011 (H)		322
		SGS International, Inc.
	150	12.00%, 12/15/2013		117
		Stater Brothers Holdings, Inc.
	105	8.13%, 06/15/2012		94
		Urbi Desarrollos Urbanos
	430	8.50%, 04/19/2016 (H)		301

				1,609

		Consumer Staples — 0.3%
		Arantes International
	500	10.25%, 06/19/2013 (H)		200
		MHP S.A.
	365	10.25%, 11/30/2011 (H)		172
		Sino-Forest Corp.
	350	9.13%, 08/17/2011 (H)		217

				589

		Energy — 0.4%
		Chesapeake Energy Corp.
	800	7.00%, 08/15/2014		642
		Inergy L.P.
	150	8.25%, 03/01/2016		115
		Noble Group Ltd.
	600	6.63%, 03/17/2015 (H)		270

				1,027

		Finance — 1.1%
		Alfa Bank
	265	8.20%, 06/25/2012 (H)		132
		Citigroup (JSC Severstal)
	466	9.25%, 04/19/2014 (H)		202
		Drummond Co., Inc.
	350	7.38%, 02/15/2016 (H)		240
		General Motors Acceptance Corp.
	1,059	6.75%, 12/01/2014 (G)		535
		Itabo Finance S.A.
	350	10.88%, 10/05/2013 (A)(H)		210
		Kazkommerts International B.V.
	200	8.00%, 11/03/2015 (H)		86
		LPL Holdings, Inc.
	1,380	10.75%, 12/15/2015 (H)		966
		Oceanografia S.A. de C.V.
	350	11.25%, 07/15/2015 (G)(H)		238
		Standard Bank (Privatbank)
	250	8.75%, 02/09/2016 (H)		37
		TuranAlem Finance B.V.
	100	7.75%, 04/25/2013 (H)		33

				2,679

		Foreign Governments — 0.1%
		Argentina (Republic of)
	320	7.00%, 10/03/2015 (H)		63
		Sri Lanka (Republic of)
	500	8.25%, 10/24/2012 (H)		260

				323

		Health Care — 0.2%
		HCA, Inc.
	165	9.25%, 11/15/2016		140
		IASIS Healthcare Capital Corp.
	490	8.75%, 06/15/2014		387

				527

The accompanying notes are an integral part of these financial statements.

199

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)

CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Services — 0.7%
		Allied Waste North America, Inc.
$	385	6.88%, 06/01/2017 (G)	$	335
		AMC Entertainment, Inc.
	500	11.00%, 02/01/2016		395
		Belo Corp.
	175	7.25%, 09/15/2027 (A)(G)		91
		Clear Channel Communications, Inc.
	825	7.65%, 09/15/2010		623
		MGM Mirage, Inc.
	325	6.75%, 04/01/2013 (G)		203
		Sheridan Group, Inc.
	150	10.25%, 08/15/2011 (H)		124

				1,771

		Technology — 2.4%
		Advanced Micro Devices, Inc.
	775	5.75%, 08/15/2012 (G)(X)		323
	470	6.00%, 05/01/2015 (I)(X)		156
		Canwest MediaWorks L.P.
	400	9.25%, 08/01/2015 (I)		244
		Charter Communications Operating LLC
	415	8.00%, 04/30/2012 (I)		319
		Citizens Communications Co.
	440	9.00%, 08/15/2031		238
		Cricket Communications, Inc.
	300	9.38%, 11/01/2014		244
		Intelsat Bermuda Ltd.
	730	9.25%, 06/15/2016 (H)		588
		Intelsat Corp.
	600	9.25%, 06/15/2016 (I)		498
		Intelsat Ltd.
	360	7.63%, 04/15/2012 (G)		227
		Maxcom Telecomunicaciones
	400	11.00%, 12/15/2014 (G)(H)		260
		Mediacom LLC
	250	7.88%, 02/15/2011		212
		MetroPCS Wireless, Inc.
	720	9.25%, 11/01/2014		599
		Nortel Networks Ltd.
	605	10.75%, 07/15/2016		319
		Qwest Communications International, Inc.
	820	7.50%, 02/15/2014		558
		Sanmina-Sci Corp.
	260	5.57%, 06/15/2014 (I)(L)		200
		Vimpelcom
	500	8.38%, 04/30/2013 (H)		300
		Windstream Corp.
	685	8.63%, 08/01/2016		517

				5,802

		Transportation — 0.3%
		Grupo Senda Autotransporte
	330	10.50%, 10/03/2015 (H)		310
		PHI, Inc.
	385	7.13%, 04/15/2013		283

				593

		Utilities — 0.2%
		Copano Energy LLC
	315	8.13%, 03/01/2016		232
		Markwest Energy Partners L.P.
	125	8.50%, 07/15/2016		92
		Mirant JPSCO Finance Ltd.
	100	11.00%, 07/06/2016 (H)		86
		Rede Empresas De Energia
	380	11.13%, 04/02/2012 (H)(CC)		148

				558

		Total corporate bonds: non-investment grade (cost $25,325)	$	16,887



SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 6.5%
		Basic Materials — 0.9%
		Cenveo, Inc.
$	55	4.95%, 06/21/2013 — 03/16/2014 (N)	$	40
		Georgia-Pacific Corp.
	665	4.65%, 12/20/2012 (N)		553
		Goodyear Tire & Rubber Co.
	204	4.78%, 04/30/2014 (N)		144
		Huntsman International LLC
	291	4.97%, 04/19/2014 (N)		253
		Jarden Corp.
	408	4.55%, 01/24/2012 (N)		321
	1,205	6.26%, 01/24/2012 (N)		1,003

				2,314

		Capital Goods — 0.0%
		Yankee Candle Co.
	190	5.76%, 02/06/2014 (N)		134

		Consumer Cyclical — 0.8%
		AM General LLC
	71	6.19%, 09/30/2013 (N)		47
		American General Finance Corp.
	3	5.59%, 09/30/2012 (AA)		2
		Aramark Corp., Letter of Credit
	29	4.32%, 01/26/2014 (AA)		24
		Aramark Corp., Term Loan B
	460	5.64%, 01/26/2014 (N)		384
		Ford Motor Co.
	1,219	7.59%, 12/16/2013 (N)		665
		Lear Corp.
	162	5.75%, 04/25/2012 (N)		104
		Michaels Stores, Inc.
	186	5.46%, 10/31/2013 (N)		108
		Oshkosh Truck Corp.
	388	5.38%, 12/06/2011 (N)		269
		Roundy’s Supermarkets, Inc.
	110	5.87%, 11/03/2011 (N)		88
		William Carter Co.
	430	4.76%, 07/14/2012 (N)		355

				2,046

		Consumer Staples — 0.3%
		Dole Food Co., Inc.
	94	4.69%, 04/12/2013 (N)		67
	166	5.28%, 04/12/2013 (N)		118
	686	5.93%, 04/12/2013 (N)		489

				674

The accompanying notes are an integral part of these financial statements.

200


Principal			Market
Amount			Value (W)

SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Finance — 0.3%
		Crescent Resources LLC
$	298	4.50%, 09/07/2012 (N)	$	100
		General Growth Properties, Inc.
	94	5.74%, 02/24/2010 (N)		30
		Kar Holdings, Inc.
	957	6.02%, 10/17/2013 (N)		609

				739

		Health Care — 0.7%
		Carestream Health, Inc.
	934	5.43%, 04/30/2013 (N)		596
		HCA, Inc.
	427	5.26%, 11/17/2012 (N)		359
	343	6.01%, 11/17/2013 (N)		283
		HealthSouth Corp.
	36	5.50%, 03/10/2013 (N)		30
		Invitrogen Corp.
	351	6.26%, 09/30/2015 (N)(Q)		325
		Skilled Healthcare Group, Inc.
	74	5.26%, 06/15/2012 (N)		60
		Vanguard Health Holdings Co. II LLC
	74	5.74%, 09/23/2011 (N)		63

				1,716

		Services — 2.1%
		Affinion Group, Inc.
	185	5.32%, 10/17/2012 (N)		143
		Bresnan Communications LLC
	1,000	6.06%, 09/29/2013 (N)		780
		Cedar Fair L.P.
	343	5.12%, 07/21/2013 (N)		250
		CSC Holdings, Inc.
	494	4.57%, 03/29/2013 (N)		419
		Gray Television, Inc.
	247	5.04%, 12/31/2014 (N)		116
		Idearc, Inc.
	500	4.62%, 11/17/2013 (N)		224
	602	5.74%, 11/17/2014 (N)		250
		inVentiv Health, Inc.
	491	5.52%, 07/07/2014 (N)		391
		Las Vegas Sands Corp., Delayed Draw Term Loan 1
	17	5.52%, 05/23/2014 (N)		9
		Las Vegas Sands Corp., Term Loan B
	83	5.52%, 05/23/2014 (N)		47
		R.H. Donnelley, Inc.
	662	6.85%, 06/30/2011 (N)		425
		Regal Cinemas, Inc.
	416	5.26%, 10/27/2013 (N)		312
		SunGard Data Systems, Inc.
	326	4.55%, 02/28/2014 (N)		249
		Tribune Co.
	397	9.00%, 12/20/2015 (H)(N)		39
		UPC Financing Partnership
	500	5.47%, 12/31/2014 (N)		339
		Weight Watchers International, Inc.
	446	5.19%, 01/26/2013 (N)		363
		West Corp.
	498	8.00%, 11/08/2013 (N)		398
		WideOpenWest Finance LLC
	525	10.93%, 06/29/2015 (H)(N)		263

				5,017

		Technology — 0.9%
		Charter Communications Operating LLC
	65	5.31%, 04/28/2013 (N)		48
		DaVita, Inc.
	400	4.77%, 10/05/2012 (N)		345
		Fleetcor Technologies Operating Co. LLC, Delayed Draw Term Loan
	163	5.97%, 04/30/2013 (N)		109
		Fleetcor Technologies Operating Co. LLC, Term Loan B
	807	5.97%, 04/30/2013 (N)		541
		Intelsat Bermuda Ltd., Term Loan B 2A
	63	6.65%, 01/03/2014 (N)		52
		Intelsat Bermuda Ltd., Term Loan B 2B
	63	6.65%, 01/03/2014 (N)		52
		Intelsat Bermuda Ltd., Term Loan B 2C
	63	6.65%, 01/03/2014 (N)		52
		MetroPCS Wireless, Inc.
	174	5.18%, 11/04/2013 (N)		141
		RCN Corp.
	988	6.06%, 04/19/2014 (N)		706
		Time Warner Telecom Holdings, Inc.
	46	5.12%, 07/01/2013 (N)		36

				2,082

		Utilities — 0.5%
		NRG Energy, Inc.
	97	3.66%, 02/01/2013 (N)		84
	197	5.26%, 06/08/2013 (AA)		172
		Texas Competitive Electric Holdings Co. LLC
	1,102	6.44%, 10/12/2014 (N)		863

				1,119

		Total senior floating rate interests: non-investment grade (cost $22,156)	$	15,841



U.S. GOVERNMENT AGENCIES — 41.4%
		Federal Home Loan Mortgage Corporation — 15.7%
		Mortgage Backed Securities:
$	398	5.50%, 2032	$	390
	14,278	6.00%, 2037		14,261
	14,228	6.50%, 2037 — 2038		14,429

				29,080

		Remic — Pac’s:
	8,865	6.00%, 2032		9,041

				38,121

The accompanying notes are an integral part of these financial statements.

201

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)

U.S. GOVERNMENT AGENCIES — (continued)
		Federal National Mortgage Association — 25.1%
		Mortgage Backed Securities:
$	558	5.00%, 2017 — 2022			$	549
	201	5.22%, 2035 (L)				203
	2,632	5.50%, 2032 — 2034				2,575
	789	5.98%, 2037 (L)				816
	15,085	6.00%, 2036 — 2037				15,086
	32,421	6.50%, 2036 — 2038				32,882
	8,305	7.00%, 2037 — 2038				8,583

						60,694

		Other Government Agencies — 0.6%
		Small Business Administration Participation Certificates:
	717	4.92%, 2023				698
	823	5.35%, 2026				813

						1,511

		Total U.S. government agencies (cost $100,834)			$	100,326



U.S. GOVERNMENT SECURITIES — 2.3%
		U.S. Treasury Securities — 2.3%
		U.S. Treasury Bonds:
$	3,179	4.38%, 2038 (G)			$	3,189
	235	4.50%, 2038 (G)				240

						3,429

		U.S. Treasury Notes:
	1,739	2.75%, 2013				1,733
	385	3.13%, 2013				391

						2,124

		Total U.S. government securities (cost $5,499)			$	5,553

		Total long-term investments (cost $288,930)			$	238,185



Shares

SHORT-TERM INVESTMENTS — 3.4%
		Investment Pools and Funds — 0.0%
	21	State Street Bank Money Market Fund			$	21



Principal
Amount

		Repurchase Agreements — 0.1%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $135, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $138)
$	135	0.15% dated 10/31/2008				135
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $109, collateralized by U.S. Treasury Note 4.13%, 2012, value of $111)
	109	0.10% dated 10/31/2008				109
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $22, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $22)
	22	0.08% dated 10/31/2008				22

						266



Shares

		Securities Purchased with Proceeds from Security Lending — 3.1%
		Cash Collateral Reinvestment Fund:
	7,348	State Street Navigator Securities Lending Prime Portfolio				7,348



Principal
Amount

		U.S. Treasury Bills — 0.2%
$	500	1.71%, 01/15/2009 (M)(S)				499

		Total short-term investments (cost $8,133)			$	8,134

		Total investments (cost $297,063) (C)	101.7	%	$	246,319
		Other assets and liabilities	(1.7	)%		(4,029	)

		Total net assets	100.0	%	$	242,290


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 9.12% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $297,210 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	738
Unrealized Depreciation		(51,629	)

Net Unrealized Depreciation	$	(50,891	)


#		This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $1,309, which represents 0.54% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(AA)		The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2008.

(CC)		Perpetual maturity security. Maturity date shown is the first call date.

The accompanying notes are an integral part of these financial statements.

202


(D)		Currently non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.

(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $17,200, which represents 7.10% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(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 October 31, 2008.

(?)		The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2008.

(Q)		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2008 was $342.

(V)		Senior floating rate interests 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 October 31, 2008.

(X)		Convertible security.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
06/2007	$	265	Alfa Bank, 8.20%, 06/25/2012 - 144A	$	265
06/2008		500	Arantes International, 10.25%, 06/19/2013 - 144A		495
05/2008		320	Argentina (Republic of), 7.00%, 10/03/2015		238
03/2004		2,719	Banc of America Commercial Mortgage, Inc., 5.50%, 11/10/2039 - 144A		59
07/2004		7,071	Banc of America Commercial Mortgage, Inc., 5.75%, 06/10/2039 - 144A		40
03/2006		200	Bayview Commercial Asset Trust, 3.63%, 04/25/2036 - 144A		200
05/2007		5,486	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A		785
08/2007		10,102	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		1,397
08/2006		50	Capital Automotive Receivables Asset Trust, 5.77%, 05/20/2010 - 144A		50
04/2006 – 08/2007		5,115	CBA Commercial Small Balance Commercial Mortgage, 7.00%, 07/25/2035 — 06/25/2038 - 144A		227
11/2006 – 08/2007		6,431	CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 - 144A		590
10/2006 – 10/2007		466	Citigroup (JSC Severstal), 9.25%, 04/19/2014 - Reg S		497
01/2007		200	Citigroup Mortgage Loan Trust, Inc., 5.76%, 01/25/2037 - 144A		172
09/2007		2,000	Citigroup/Deutsche Bank Commercial Mortgage Trust, 5.48%, 12/11/2049		1,857
03/2004		5,459	Commercial Mortgage Pass-Through Certificates, 5.50%, 03/10/2039 - 144A		132
07/2007		204	Credit-Based Asset Servicing and Securitization, 3.53%, 05/25/2036 - 144A		199
01/2008		330	Desarrolladora Homes S.A., 7.50%, 09/28/2015		331
08/2008		350	Drummond Co., Inc., 7.38%, 02/15/2016 - 144A		306
07/2004		5	Equity One ABS, Inc., 5.76%, 07/25/2034		5
04/2008 – 06/2008		440	Evraz Group S.A., 8.88%, 04/24/2013 - 144A		445
06/2006		8,112	GE Business Loan Trust, 6.14%, 05/15/2034 - 144A		42
12/2005		54,576	GE Capital Commercial Mortgage Corp., 6.35%, 11/10/2045 - 144A		58
08/2006		270	GMAC Mortgage Corp. Loan Trust, 5.75%, 10/25/2036		270
05/2007		198	Greenwich Capital Commercial Funding Corp., 5.24%, 11/05/2021 - 144A		192
05/2007		189	Greenwich Capital Commercial Funding Corp., 5.45%, 11/05/2021 - 144A		183
05/2008		330	Grupo Senda Autotransporte, 10.50%, 10/03/2015 - 144A		330
04/2007		250	HSBK Europe B.V., 7.25%, 05/03/2017 - 144A		250
06/2006 – 06/2007		730	Intelsat Bermuda Ltd., 9.25%, 06/15/2016		772
09/2006 – 10/2007		350	Itabo Finance S.A., 10.88%, 10/05/2013 - 144A		356
03/2007		75	JP Morgan Automotive Receivable Trust, 12.85%, 03/15/2012		75
03/2004 – 08/2006		2,224	JP Morgan Chase Commercial Mortgage Securities Corp., 5.50%, 01/15/2038 - 144A		55
03/2006		250	JP Morgan Chase Commercial Mortgage Securities Corp., 5.53%, 12/12/2044		249

The accompanying notes are an integral part of these financial statements.

203

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Period
Acquired	Par		Security	Cost Basis
11/2004	$	190	JP Morgan Chase Commercial Mortgage Securities Corp., 6.16%, 05/12/2034	$	208
05/2008		200	Kazkommerts International B.V., 8.00%, 11/03/2015 - 144A		165
04/2005 – 10/2007		21,410	LB-UBS Commercial Mortgage Trust, 5.26%, 06/15/2036 - 144A		44
09/2006		120	Lehman Brothers Small Balance Commercial, 5.62%, 09/25/2036 - 144A		120
02/2006		250	LNR CDO Ltd., 4.09%, 05/28/2043 - 144A		250
03/2006		45	Long Beach Asset Holdings Corp., 5.78%, 04/25/2046 - 144A		45
09/2007 – 08/2008		1,380	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		1,368
04/2007		1,000	Marathon Real Estate CDO Ltd., 4.66%, 05/25/2046 - 144A		978
12/2007 – 10/2008		400	Maxcom Telecomunicaciones, 11.00%, 12/15/2014		372
05/2007		1,000	Merrill Lynch Floating Trust, 5.11%, 06/15/2022 - 144A		1,000
11/2006 – 01/2007		265	MHP S.A., 10.25%, 11/30/2011 - 144A		269
09/2007		100	MHP S.A., 10.25%, 11/30/2011 - Reg S		100
09/2006		100	Mirant JPSCO Finance Ltd., 11.00%, 07/06/2016 - 144A		102
05/2007		1,000	Morgan Stanley Capital I, 5.78%, 10/15/2042		999
04/2007		23	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		23
07/2008 – 10/2008		600	Noble Group Ltd., 6.63%, 03/17/2015 - 144A		397
05/2007		638	Northgroup Preferred Capital Corp., 6.38%, 10/15/2017 - 144A		638
07/2008		350	Oceanografia S.A. de C.V., 11.25%, 07/15/2015 - 144A		346
03/2007		725	Option One Mortgage Loan Trust, Class M6, 6.99%, 03/25/2037		702
03/2007		500	Option One Mortgage Loan Trust, Class M7, 6.99%, 03/25/2037		438
03/2007		475	Option One Mortgage Loan Trust, Class M8, 6.99%, 03/25/2037		380
02/2007 – 09/2007		460	Parkson Retail Group Ltd., 7.88%, 11/14/2011		467
06/2007		380	Rede Empresas De Energia, 11.13%, 04/02/2012 - 144A		394
03/2006		80	Renaissance Home Equity Loan Trust, 5.75%, 05/25/2036		80
03/2006		200	Renaissance Home Equity Loan Trust, 6.16%, 05/25/2036		200
08/2007		600	Renaissance Home Equity Loan Trust, Class M5, 7.00%, 09/25/2037		456
08/2007		750	Renaissance Home Equity Loan Trust, Class M8, 7.00%, 09/25/2037		423
09/2007		570	RSHB Capital, 6.97%, 09/21/2016		559
07/2005 – 02/2006		150	Sheridan Group, Inc., 10.25%, 08/15/2011		154
06/2008		350	Sino-Forest Corp., 9.13%, 08/17/2011 - Reg S		358
10/2007		400	Sri Lanka (Republic of), 8.25%, 10/24/2012 - 144A		401
01/2008		100	Sri Lanka (Republic of), 8.25%, 10/24/2012 - Reg S		96
12/2006 – 01/2007		250	Standard Bank (Privatbank), 8.75%, 02/09/2016		253
08/2007 – 10/2007		505	TNK-BP Finance S.A., 7.50%, 03/13/2013 — 07/18/2016 - 144A		502
07/2008 – 08/2008		400	TransCapitalInvest Ltd., 8.70%, 08/07/2018 - 144A		401
05/2007		397	Tribune Co., 9.00%, 12/20/2015		397
10/2007		100	TuranAlem Finance B.V., 7.75%, 04/25/2013 - Reg S		88
10/2007		430	Urbi Desarrollos Urbanos, 8.50%, 04/19/2016 - Reg S		435
06/2008		400	Vedanta Resources plc, 8.75%, 01/15/2014 - 144A		400
04/2008		500	Vimpelcom, 8.38%, 04/30/2013 - 144A		501
09/2006		250	Wachovia Automotive Loan Owner Trust, 5.15%, 07/20/2012 - 144A		250
10/2006		260	Wachovia Automotive Loan Owner Trust, 5.29%, 06/20/2012 - 144A		260
02/2004		6,594	Wachovia Bank Commercial Mortgage Trust, 5.50%, 02/15/2041 - 144A		124
03/2008		970	Wells Fargo Alternative Loan Trust, 6.25%, 11/25/2037		782
06/2007 – 10/2008		525	WideOpenWest Finance LLC, 10.93%, 06/29/2015		509


		The aggregate value of these securities at October 31, 2008 was $16,064 which represents 6.63% of total net assets.

(S)		Security pledged as initial margin deposit for open futures contracts at October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

2 Year U.S. Treasury Note

Long

Dec 2008

239

5 Year U.S. Treasury Note

Long

Dec 2008

10 Year U.S. Treasury Note

Short

Dec 2008

(22

)

U.S. Long Bond

Long

Dec 2008

(228

)


		* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Brazilian Real (Sell)	$	142	$	145		11/05/08	$	3
Euro (Sell)		107		109		11/03/08		2

							$	5


(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.

204

The Hartford Inflation Plus Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal					Market
Amount (B)					Value (W)
CORPORATE BONDS: INVESTMENT GRADE — 0.5%
		Foreign Governments — 0.5%
		United Kingdom Government
GBP	2,190	5.00%, 03/07/2018			$	3,649

		Total corporate bonds: investment grade (cost $4,221)			$	3,649



SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 1.1%
		Basic Materials — 0.1%
		Rockwood Holdings, Inc.
$	990	4.62%, 07/30/2012 (N)			$	797

		Consumer Cyclical — 0.2%
		William Carter Co.
	1,481	4.76%, 07/14/2012 (N)				1,222

		Health Care — 0.2%
		Fresenius Medical Care AG
	997	5.00%, 03/31/2013 (N)				834
		Orthofix Holdings, Inc.
	1,378	8.27%, 09/22/2013 (N)				1,158

						1,992

		Services — 0.4%
		Dex Media West LLC, Inc.
	1,000	4.81%, 10/24/2014 (N)				503
		Regal Cinemas, Inc.
	1,945	5.26%, 10/27/2013 (N)				1,458
		Weight Watchers International, Inc.
	1,500	5.19%, 01/26/2013 (N)				1,222

						3,183

		Technology — 0.2%
		Windstream Corp.
	1,990	6.05%, 07/17/2013 (N)				1,721

		Utilities — 0.0%
		NRG Energy, Inc.
	50	5.17%, 06/08/2013 (AA)				43

		Total senior floating rate interests: non-investment grade (cost $11,204)			$	8,958



U.S. GOVERNMENT SECURITIES — 92.2%
		U.S. Treasury Securities — 92.2%
		U.S. Treasury Bonds:
$	23,975	2.00%, 2026 (O)			$	21,724
	141,327	2.38%, 2025 — 2027 (O)				134,299
	24,000	3.63%, 2028 (O)				33,548
	20,550	3.88%, 2029 (O)				29,295

						218,866




		U.S. Treasury Notes:
	37,900	0.88%, 2010 (O)				41,197
	58,835	1.38%, 2018 (O)				51,117
	20,097	1.63%, 2015 — 2018 (O)				18,920
	2,985	1.75%, 2028 (O)				2,440
	51,985	1.88%, 2013 — 2015 (O)				54,132
	182,757	2.00%, 2012 — 2016 (O)				188,423
	103,722	2.38%, 2011 — 2017 (O)				105,869
	12,585	2.63%, 2017 (O)				12,467
	27,841	3.00%, 2012 (O)				33,084
	1,715	3.38%, 2012 (O)				2,074

						509,723

		Total U.S. government securities (cost $814,711)			$	728,589



Contracts

CALL OPTIONS PURCHASED — 0.0%
		Long Call Index Option Contract — 0.0%
		5 Year U.S. Treasury Note
	1	Expiration: November, 2008, Exercise Price: $114.50			$	344

		Total call options purchased (cost $472)			$	344

		Total long-term investments (cost $830,608)			$	741,540



Shares

SHORT-TERM INVESTMENTS — 0.4%
		Investment Pools and Funds — 0.0%
	29	State Street Bank Money Market Fund			$	29



Principal
Amount

		Repurchase Agreements — 0.2%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $791, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $805)
$	791	0.15% dated 10/31/2008				791
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $637, collateralized by U.S. Treasury Note 4.13%, 2012, value of $650)
	637	0.10% dated 10/31/2008				637
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $128, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $130)
	128	0.08% dated 10/31/2008				128

						1,556

		U.S. Treasury Bills — 0.2%
	1,300	1.73%, 01/15/2009 (M)(U)				1,299

		Total short-term investments (cost $2,881)			$	2,884

		Total investments (cost $833,489) (C)	94.2	%	$	744,424
		Other assets and liabilities	5.8	%		46,221

		Total net assets	100.0	%	$	790,645


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 0.46% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $852,318 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	4
Unrealized Depreciation		(107,898	)

Net Unrealized Depreciation	$	(107,894	)

The accompanying notes are an integral part of these financial statements.

205

The Hartford Inflation Plus Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


(AA)		The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2008.

(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 October 31, 2008.

(O)		U.S. Treasury inflation-protected 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.

(V)		Senior floating rate interests 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 October 31, 2008.

(B)		All principal amounts are in U.S. dollars unless otherwise indicated.


GBP		— British Pound


(U)		At October 31, 2008, securities valued at $1,000 were designated to cover open call options written as follows (see Note 3 to accompanying Notes to Financial Statements):

Number of

Exercise

Market

Premiums

Issuer

Contracts*

Price

Date

Value (W)

Received

5 Year U.S. Treasury Note

1,000

115.50

Nov 2008

164

216


		* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Sell)	$	3,718	$	4,106		01/07/09	$	388
Japanese Yen (Buy)		4,734		4,574		11/17/08		160
Japanese Yen (Sell)		4,734		5,005		11/17/08		271
Japanese Yen (Buy)		1,100		1,094		11/20/08		6
Japanese Yen (Buy)		9,977		10,142		11/20/08		(165	)
Japanese Yen (Sell)		4,090		4,177		11/20/08		87
Japanese Yen (Sell)		4,054		4,051		11/20/08		(3	)

							$	744


(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.

206

The Hartford International Growth Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 98.0%
		Australia — 1.6%
	238	CSL Ltd.	$	5,800

		Belgium — 0.8%
	1,716	Hansen Transmissions (D)		2,878

		Brazil — 1.4%
	185	Companhia Vale do Rio Doce ADR		2,427
	98	Petroleo Brasileiro S.A. ADR		2,625

				5,052

		Canada — 6.3%
	92	Barrick Gold Corp.		2,083
	44	Canadian Natural Resources Ltd.		2,241
	117	Potash Corp. of Saskatchewan, Inc.		10,001
	69	Research In Motion Ltd. (D)		3,490
	124	Rogers Communications, Inc. Class B		3,591
	182	Talisman Energy, Inc.		1,801

				23,207

		China — 2.9%
	1,259	China Communications Construction Co., Ltd.		892
	113	Ctrip.Com International Ltd. ADR		3,443
	2,227	Parkson Retail Group Ltd.		2,067
	77	Sohu.com, Inc. (D)		4,219

				10,621

		Denmark — 1.4%
	39	Carlsberg A/S Class B		1,552
	88	Vestas Wind Systems A/S (D)		3,620

				5,172

		Finland — 1.2%
	296	Nokia Oyj		4,541

		France — 7.9%
	83	BNP Paribas		5,997
	285	France Telecom S.A.		7,190
	75	Pinault-Printemps-Redoute S.A.		4,785
	76	Sanofi-Aventis S.A.		4,808
	48	Societe Generale Class A		2,637
	63	Total S.A.		3,451

				28,868

		Germany — 4.3%
	22	Allianz SE		1,645
	530	Deutsche Telekom AG		7,778
	122	Fresenius Medical Care AG & Co.		5,383
	34	Metro AG		1,070

				15,876

		Hong Kong — 0.7%
	210	China Mobile Ltd.		1,844
	97	Esprit Holdings Ltd.		551

				2,395

		Israel — 4.8%
	407	Teva Pharmaceutical Industries Ltd. ADR		17,444

		Japan — 8.4%
	98	Astellas Pharma, Inc.		3,935
	94	Daiichi Sankyo Co., Ltd.		1,930
	95	Eisai Co., Ltd.		3,076
	2	Japan Tobacco, Inc.		5,435
	140	Mitsui Fudosan Co., Ltd.		2,442
	11	Nintendo Co., Ltd.		3,631
	2	NTT DoCoMo, Inc.		3,389
	53	Uni-Charm Corp.		3,766
	10	Yahoo Japan Corp.		3,368

				30,972

		Luxembourg — 1.0%
	96	Millicom International Cellular S.A.		3,848

		Netherlands — 2.7%
	267	Koninklijke (Royal) KPN N.V.		3,754
	221	Royal Dutch Shell plc		6,082

				9,836

		Russia — 0.8%
	190	Vimpel-Communications ADR		2,759

		Sweden — 0.6%
	168	Swedish Match Ab		2,336

		Switzerland — 18.1%
	59	Actelion Ltd. (D)		3,105
	110	Julius Baer Holding Ltd.		4,300
	348	Nestle S.A.		13,541
	249	Novartis AG		12,617
	110	Roche Holding AG		16,796
	47	Synthes, Inc.		6,033
	582	UBS AG (D)		9,878

				66,270

		United Kingdom — 33.1%
	451	3I Group plc		3,932
	261	Anglo American plc		6,561
	6,432	Arm Holdings plc		10,028
	264	AstraZeneca plc		11,202
	614	Autonomy Corp. plc (D)		9,732
	544	Barclays Bank plc		1,560
	449	BHP Billiton plc		7,625
	124	British American Tobacco plc		3,400
	414	Cadbury plc		3,799
	788	Capita Group plc		8,146
	2,636	easyJet plc (D)		13,149
	1,061	Michael Page International plc		3,436
	317	Next plc		5,386
	275	Reckitt Benckiser Group plc		11,630
	136	Rio Tinto plc		6,340
	1,026	Sainsbury(J) plc		4,685
	938	Tesco plc		5,138
	734	Vodafone Group plc		1,412
	1,000	Wm Morrison Supermarkets		4,260

				121,421

		Total common stock (cost $421,944)	$	359,296



Principal
Amount

SHORT-TERM INVESTMENTS — 7.0%
		Repurchase Agreements — 6.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $11,296, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $11,562)
$	11,296	0.25% dated 10/31/2008	$	11,296

The accompanying notes are an integral part of these financial statements.

207

The Hartford International Growth Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,224, collateralized by FNMA 5.50%, 2037, value of $1,248)
$	1,224	0.25% dated 10/31/2008			$	1,224
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $49, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $50)
	49	0.08% dated 10/31/2008				49
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $5,245, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $5,349)
	5,244	0.25% dated 10/31/2008				5,244
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $6,912, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $7,050)
	6,912	0.23% dated 10/31/2008				6,912

						24,725


Shares

		Securities Purchased with Proceeds from Security Lending — 0.3%
		Cash Collateral Reinvestment Fund:
	935	Goldman Sachs FS Prime Obligation/Institutional Fund (G)				935

		Total short-term investments (cost $25,660)			$	25,660

		Total investments (cost $447,604) (C)	105.0	%	$	384,956
		Other assets and liabilities	(5.0	)%		(18,238	)

		Total net assets	100.0	%	$	366,718


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 97.98% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(D)		Currently non-income producing.

(G)		Security lending collateral related to a security sold, but not yet settled, on loan as of October 31, 2008.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $510,603 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	5,153
Unrealized Depreciation		(130,800	)

Net Unrealized Depreciation	$	(125,647	)

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Buy)	$	3,849	$	3,914		11/03/08	$	(65	)
British Pound (Buy)		3,515		3,596		11/04/08		(81	)
British Pound (Buy)		496		496		11/05/08		—
Canadian Dollar (Buy)		1,388		1,371		11/03/08		17
Canadian Dollar (Buy)		1,234		1,238		11/04/08		(4	)
Canadian Dollar (Buy)		1,342		1,334		11/05/08		8
Danish Krone (Buy)		1,055		1,070		11/04/08		(15	)
Danish Krone (Buy)		43		43		11/05/08		—
Euro (Buy)		2,399		2,437		11/03/08		(38	)
Euro (Sell)		3,323		3,324		11/03/08		1
Euro (Buy)		612		612		11/04/08		—
Euro (Sell)		1,068		1,085		11/04/08		17
Euro (Sell)		1,253		1,253		11/05/08		—
Euro (Sell)		981		980		11/05/08		(1	)
Hong Kong Dollar (Buy)		2,470		2,469		11/03/08		1
Hong Kong Dollar (Buy)		145		145		11/04/08		—
Japanese Yen (Buy)		1,619		1,647		11/04/08		(28	)
Japanese Yen (Buy)		2,882		2,879		11/05/08		3
Japanese Yen (Sell)		302		306		11/06/08		4
Norwegian Krone (Sell)		941		954		11/03/08		13
Swiss Franc (Buy)		451		462		11/03/08		(11	)
Swiss Franc (Sell)		3,177		3,186		11/03/08		9
Swiss Franc (Buy)		1,503		1,531		11/04/08		(28	)
Swiss Franc (Sell)		2,536		2,543		11/05/08		7

							$	(191	)


(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Banks		2.8	%


Capital Goods		2.0


Commercial & Professional Services		3.2


Consumer Services		0.9


Diversified Financials		4.9


Energy		4.4


Food & Staples Retailing		4.1


Food, Beverage & Tobacco		8.2


Health Care Equipment & Services		3.1


Household & Personal Products		4.2


Insurance		0.5


Materials		9.6


Pharmaceuticals, Biotechnology & Life Sciences		22.0


Real Estate		0.7


Retailing		3.5


Semiconductors & Semiconductor Equipment		2.7


Software & Services		5.7


Technology Hardware & Equipment		2.2


Telecommunication Services		9.7


Transportation		3.6


Short-Term Investments		7.0


Other Assets and Liabilities		(5.0	)


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

208

The Hartford International Opportunities Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 86.2%
		Australia — 0.2%
	30	BHP Billiton Ltd. (G)	$	574

		Brazil — 0.3%
	68	Banco Bradesco S.A. ADR		790

		Canada — 4.3%
	128	Brookfield Asset Management, Inc.		2,243
	85	Canadian Natural Resources Ltd. (G)		4,299
	22	EnCana Corp.		1,097
	1	Nortel Networks Corp. (D)		1
	15	Potash Corp. of Saskatchewan, Inc.		1,287
	261	Talisman Energy, Inc.		2,583

				11,510

		Denmark — 1.0%
	50	Novo Nordisk A/S		2,684

		Finland — 2.4%
	104	Fortum Corp.		2,568
	244	Nokia Oyj		3,730

				6,298

		France — 12.6%
	48	BNP Paribas		3,458
	289	France Telecom S.A.		7,299
	79	Groupe Danone (G)		4,380
	73	L’Oreal S.A.		5,515
	74	Michelin (C.G.D.E.) Class B		3,813
	43	Societe Generale Class A		2,351
	118	Total S.A.		6,485

				33,301

		Germany — 7.8%
	45	Allianz SE		3,311
	64	Deutsche Boerse AG		5,024
	83	E.On AG		3,172
	39	Muenchener Rueckversicherungs- Gesellschaft AG		5,201
	112	SAP AG (G)		3,927

				20,635

		Hong Kong — 1.3%
	2,350	Shangri-La Asia Ltd. (G)		3,328

		Ireland — 1.9%
	139	CRH plc		3,054
	144	Ryanair Holdings plc (D)		509
	69	Ryanair Holdings plc ADR (D)(G)		1,542

				5,105

		Israel — 2.3%
	144	Teva Pharmaceutical Industries Ltd. ADR (G)		6,179

		Japan — 12.9%
	44	Astellas Pharma, Inc.		1,780
	68	Canon, Inc.		2,393
	166	Denso Corp.		3,226
	—	East Japan Railway Co.		1,494
	68	Eisai Co., Ltd.		2,200
	2	Japan Tobacco, Inc.		8,149
	174	Mitsubishi Estate Co., Ltd.		3,108
	1	Nippon Telegraph & Telephone Corp.		5,350
	1	Sumitomo Mitsui Financial Group, Inc. (G)		4,823
	438	Toshiba Corp. (G)		1,583

				34,106

		Netherlands — 3.2%
	426	Koninklijke (Royal) KPN N.V.		5,999
	100	Unilever N.V. CVA		2,400

				8,399

		South Africa — 0.4%
	107	Impala Platinum Holdings Ltd.		1,113

		Spain — 1.3%
	294	Banco Bilbao Vizcaya Argentaria S.A. (G)		3,418

		Switzerland — 13.3%
	96	Julius Baer Holding Ltd.		3,768
	211	Nestle S.A.		8,211
	57	Novartis AG		2,877
	52	Roche Holding AG		7,897
	25	Synthes, Inc.		3,255
	544	UBS AG (D)		9,222

				35,230

		Taiwan — 1.3%
	424	Taiwan Semiconductor Manufacturing Co., Ltd. ADR (G)		3,503

		United Kingdom — 19.7%
	126	AstraZeneca plc		5,320
	455	BG Group plc		6,694
	456	BHP Billiton plc		7,749
	225	British Land Co. plc		2,245
	507	HSBC Holding plc		6,003
	169	Imperial Tobacco Group plc		4,525
	92	Reckitt Benckiser Group plc		3,899
	307	SABMiller plc		4,880
	318	Smith & Nephew plc		2,915
	3,597	Vodafone Group plc		6,920
	158	Wolseley plc		867

				52,017

		Total common stock (cost $314,600)	$	228,190



EXCHANGE TRADED FUNDS — 8.0%
		United States — 8.0%
	266	iShares MSCI EAFE Index Fund (G)	$	11,869
	220	iShares MSCI Emerging Markets Index Fund		5,608
	92	iShares MSCI Japan		827
	15	iShares MSCI Pac Ex		401
	79	iShares S&P Eur 350 (G)		2,464

		Total exchange traded funds (cost $24,948)	$	21,169

		Total long-term investments (cost $339,548)	$	249,359

The accompanying notes are an integral part of these financial statements.

209

The Hartford International Opportunities Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 13.7%
		Repurchase Agreements — 4.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $5,016, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $5,134)
$	5,016	0.25% dated 10/31/2008			$	5,016
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $543, collateralized by FNMA 5.50%, 2037, value of $554)
	543	0.25% dated 10/31/2008				543
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $22, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $22)
	22	0.08% dated 10/31/2008				22
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,329, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $2,375)
	2,329	0.25% dated 10/31/2008				2,329
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,069, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $3,131)
	3,069	0.23% dated 10/31/2008				3,069

						10,979



Shares

		Securities Purchased with Proceeds from Security Lending — 9.6%
		Cash Collateral Reinvestment Fund:
	25,425	State Street Navigator Securities Lending Prime Portfolio				25,425

		Total short-term investments (cost $36,404)			$	36,404

		Total investments (cost $375,952) (C)	107.9	%	$	285,763
		Other assets and liabilities	(7.9	)%		(21,020	)

		Total net assets	100.0	%	$	264,743


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 86.19% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $385,510 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	2,748
Unrealized Depreciation		(102,495	)

Net Unrealized Depreciation	$	(99,747	)


(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Sell)	$	431	$	438		11/03/08	$	7
British Pound (Buy)		4,283		4,664		12/05/08		(381	)
British Pound (Sell)		4,283		4,716		12/05/08		433
Canadian Dollar (Buy)		1,034		1,022		11/03/08		12
Euro (Buy)		231		234		11/03/08		(3	)
Japanese Yen (Sell)		2,890		2,887		11/05/08		(3	)
Japanese Yen (Sell)		122		123		11/06/08		1

							$	66


(W)		See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		2.7	%


Banks		12.4


Capital Goods		0.3


Commercial & Professional Services		0.8


Consumer Services		1.3


Diversified Financials		10.3


Energy		8.0


Food, Beverage & Tobacco		12.3


Health Care Equipment & Services		2.3


Household & Personal Products		3.6


Insurance		3.2


Materials		5.2


Pharmaceuticals, Biotechnology & Life Sciences		10.9


Real Estate		2.0


Semiconductors & Semiconductor Equipment		1.3


Software & Services		1.5


Technology Hardware & Equipment		2.9


Telecommunication Services		9.7


Transportation		1.3


Utilities		2.2


Short-Term Investments		13.7


Other Assets and Liabilities		(7.9	)


Total		100.0	%

The accompanying notes are an integral part of these financial statements.

210

The Hartford International Small Company Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 99.8%
		Australia — 5.1%
	84	Aquarius Platinum Ltd.	$	209
	135	Computershare Ltd.		763
	1,675	Energy World Corp., Ltd. (D)(G)		428
	192	Incitec Pivot Ltd.		514
	327	Karoon Gas Australia Ltd. (D)		470
	299	Primary Health Care Ltd.		917
	496	Programmed Maintenance Services Ltd.		1,018
	197	Ramsay Health Care Ltd.		1,328
	533	Whitehaven Coal Ltd.		581

				6,228

		Belgium — 0.5%
	33	Umicore		585

		Brazil — 0.8%
	185	Brasil Brokers Participacoes (D)		235
	120	Dufry South America Ltd.		737

				972

		China — 1.7%
	33	Mindray Medical International Ltd.		718
	1,124	Shandong Weigao Group Medical Polymer Co., Ltd. (G)		1,357

				2,075

		Denmark — 1.5%
	12	Carlsberg A/S Class B		472
	51	H. Lundbeck A/S		911
	13	Vestas Wind Systems A/S (D)		512

				1,895

		Finland — 0.3%
	48	Kemira OYJ (G)		434

		France — 12.3%
	26	BioMerieux S.A.		2,089
	26	Bureau Veritas S.A. (G)		929
	8	Cegedim S.A.		405
	7	Eurofins Scientific		403
	12	Guerbet S.A.		1,644
	8	Guyenne et Gascogne S.A.		594
	40	Ipsen		1,510
	55	Korian (G)		1,007
	112	Rhodia S.A. (G)		960
	28	Scor Se		459
	23	Seche Environment (G)		877
	45	Sechilienne S.A.		1,736
	16	Vilmorin & Cie		1,550
	15	Virbac S.A.		990

				15,153

		Germany — 4.9%
	61	ElringKlinger AG		500
	35	Hochtief AG		1,079
	12	K + S AG		475
	134	Kontron AG		1,047
	75	Praktiker Bau-Und Heimwerkermaerkte Holding AG		589
	56	Rhoen-Klinikum AG		1,180
	39	Stada Arzneimittel AG		1,166

				6,036

		Hong Kong — 3.5%
	1,638	First Pacific Co., Ltd.		662
	2,960	Huabao International Holdings Ltd.		1,910
	1,215	Shangri-La Asia Ltd. (G)		1,720

				4,292

		Italy — 3.9%
	171	Antichi Pellettieri S.p.A.		871
	144	DiaSorin S.p.A.		2,650
	104	Geox S.p.A. (G)		765
	422	Immobiliare Grande Distribuzione (G)		572

				4,858

		Japan — 33.2%
	66	Aeon Delight Co., Ltd.		1,626
	84	Air Water, Inc. (G)		791
	375	Asics Corp.		2,350
	46	Benesse Corp.		1,932
	54	Don Quijote Co. (G)		983
	—	EPS Co., Ltd.		871
	38	Hisamitsu Pharmaceutical Co., Inc.		1,567
	33	Ibiden Co., Ltd.		617
	155	Iino Kaiun Kaisha Ltd. (G)		794
	5	Jupiter Telecommunications Co., Ltd.		3,603
	60	Kobayashi Pharmaceutical Co., Ltd.		1,922
	75	Miura Co., Ltd. (G)		1,541
	22	Moshi Moshi Hotline, Inc. (G)		521
	183	Nabtesco Corp.		1,116
	6	Nidec Corp.		328
	95	OBIC Business Consultants Ltd. (G)		3,939
	14	OBIC Co., Ltd.		1,660
	—	Osaka Securities Exchange Co., Ltd.		867
	37	Point, Inc. (G)		1,798
	1	Rakuten, Inc.		491
	117	Securities Carbon Ltd.		383
	437	Shinko Plantech Co., Ltd.		3,450
	145	Shionogi & Co., Ltd.		2,470
	50	Sysmex Corp.		1,559
	10	Terumo Corp.		417
	29	Tsumura & Co.		740
	56	Unicharm Petcare Corp. (G)		1,965
	141	Yokogawa Electric Corp.		652

				40,953

		Liechtenstein — 0.8%
	7	Verwalt & Privat-Bank AG		1,022

		Netherlands — 1.8%
	580	Dockwise Ltd. (D)		518
	154	Spazio Investment N.V.		1,689

				2,207

		Norway — 5.0%
	1,622	DNO International ASA (D)(G)		1,092
	57	Kongsberg Gruppen ASA		2,602
	234	TGS Nopec Geophysical Co. ASA (D)(G)		1,302
	522	Wavefield Inseis ASA (D)		745
	20	Yara International ASA		416

				6,157

		Papua New Guinea — 0.4%
	150	New Britain Palm Oil Ltd.		473

		Russia — 0.1%
	29	Magnit OJSC (D)(K)		129

The accompanying notes are an integral part of these financial statements.

211

The Hartford International Small Company Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)

COMMON STOCK — (continued)
		Singapore — 1.4%
	1,293	Goodpack Ltd. (G)			$	1,081
	551	Hyflux Ltd. (G)				591

						1,672

		South Korea — 1.2%
	55	Korea Plant Service & Engineering Co., Ltd. (D)				1,068
	10	Samsung Engineering Co., Ltd.				408

						1,476

		Spain — 0.7%
	93	Laboratorios Almiral S.A. (G)				824

		Sweden — 3.2%
	148	Lundin Petroleum Ab (D)(G)				706
	117	Sweco AB				715
	178	Swedish Match Ab				2,476

						3,897

		Switzerland — 3.7%
	4	Bachem Holding AG Class B				273
	61	Dufry Group				1,265
	11	Julius Baer Holding Ltd.				423
	89	Paris RE Holdings Ltd.				1,363
	37	Temenos Group AG (D)(G)				458
	4	Valiant Holding AG				755

						4,537

		United Kingdom — 13.8%
	101	Admiral Group plc				1,503
	234	Babcock International Group plc				1,465
	74	Burberry Group plc				329
	382	Cape plc (D)				453
	32	Catlin Group Ltd.				180
	485	Clapham House Group plc (D)				439
	93	Close Brothers Group plc				808
	10	Domino’s Pizza UK & IRL plc				25
	426	Fenner plc				702
	72	FirstGroup plc				476
	831	Hampson Industries plc				1,492
	129	Hamworthy KSE				490
	132	IG Group Holdings plc				618
	235	Lancashire Holdings Ltd.				1,296
	437	Mears Group plc				1,601
	141	Rexam plc				848
	115	Rightmove (G)				358
	826	Senior plc				758
	113	Ultra Electronics Holdings plc				2,013
	149	VT Group plc				1,199

						17,053

		Total common stock (cost $185,509)			$	122,928



SHORT-TERM INVESTMENTS — 12.3%
		Securities Purchased with Proceeds from Security Lending — 12.3%
		Cash Collateral Reinvestment Fund:
	15,146	State Street Navigator Securities Lending Prime Portfolio			$	15,146

		Total short-term investments (cost $15,146)			$	15,146

		Total investments (cost $200,655) (C)	112.1	%	$	138,074
		Other assets and liabilities	(12.1	)%		(14,863	)

		Total net assets	100.0	%	$	123,211


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 99.77% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $216,702 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	1,481
Unrealized Depreciation		(80,109	)

Net Unrealized Depreciation	$	(78,628	)


(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(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 October 31, 2008, the market value of these securities amounted to $129 or 0.10% of net assets.

		Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Australian Dollar (Buy)	$	1,977	$	2,073		01/09/09	$	(96	)
Australian Dollar (Sell)		1,977		2,027		01/09/09		50
British Pound (Buy)		58		59		11/03/08		(1	)
British Pound (Buy)		102		104		11/04/08		(2	)
British Pound (Sell)		1,439		1,439		11/05/08		—
British Pound (Buy)		6,915		7,476		01/09/09		(561	)
British Pound (Sell)		6,915		7,258		01/09/09		343
Danish Krone (Buy)		355		360		11/04/08		(5	)
Danish Krone (Buy)		176		176		11/05/08		—
Euro (Buy)		152		154		11/03/08		(2	)
Euro (Sell)		325		326		11/04/08		1
Euro (Sell)		475		475		11/05/08		—
Euro (Buy)		13,182		14,031		01/09/09		(849	)
Euro (Sell)		13,182		13,669		01/09/09		487
Hong Kong Dollar (Buy)		23		23		11/03/08		—
Hong Kong Dollar (Buy)		25		25		11/04/08		—
Japanese Yen (Sell)		72		73		11/04/08		1
Japanese Yen (Sell)		386		386		11/05/08		—
Japanese Yen (Sell)		488		494		11/06/08		6
Japanese Yen (Buy)		10,731		10,498		01/09/09		233
Japanese Yen (Sell)		10,731		10,657		01/09/09		(74	)
Swiss Franc (Sell)		782		784		11/05/08		2

							$	(467	)


(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.

212

The Hartford LargeCap Growth Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 89.3%
		Capital Goods — 7.5%
	1	3M Co.	$	49
	1	AMETEK, Inc.		45
	2	Boeing Co.		80
	2	Bucyrus International, Inc.		39
	1	Danaher Corp.		47
	1	Dover Corp.		36
	1	Emerson Electric Co.		41
	1	Fastenal Co.		35
	1	First Solar, Inc. (D)		92
	1	Flowserve Corp.		39
	1	Fluor Corp.		36
	2	Graco, Inc.		53
	2	Honeywell International, Inc.		50
	2	IDEX Corp.		35
	2	Joy Global, Inc.		57
	1	Lockheed Martin Corp.		79
	1	MSC Industrial Direct Co., Inc.		47
	1	Sunpower Corp. Class A (D)		27
	1	United Technologies Corp.		45
	1	Valmont Industries, Inc.		37

				969

		Commercial & Professional Services — 2.0%
	1	Brink’s Co.		56
	1	Copart, Inc. (D)		39
	1	Corporate Executive Board Co.		38
	1	Dun & Bradstreet Corp.		72
	2	Pitney Bowes, Inc.		49

				254

		Consumer Durables & Apparel — 1.4%
	2	Coach, Inc. (D)		47
	2	Hasbro, Inc.		70
	1	NIKE, Inc. Class B		63

				180

		Consumer Services — 4.2%
	1	Apollo Group, Inc. Class A (D)		56
	2	Burger King Holdings, Inc.		35
	1	DeVry, Inc.		69
	2	H & R Block, Inc.		32
	1	ITT Educational Services, Inc. (D)		79
	3	McDonald’s Corp.		155
	—	Strayer Education, Inc.		73
	2	Yum! Brands, Inc.		45

				544

		Diversified Financials — 2.8%
	2	Charles Schwab Corp.		31
	3	Eaton Vance Corp.		59
	3	Federated Investors, Inc.		61
	—	Franklin Resources, Inc.		31
	4	SEI Investments Co.		77
	1	T. Rowe Price Group, Inc.		28
	5	Waddell and Reed Financial, Inc. Class A		71

				358

		Energy — 7.9%
	1	Arch Coal, Inc.		30
	1	ENSCO International, Inc.		47
	2	Exxon Mobil Corp.		111
	1	FMC Technologies, Inc. (D)		48
	2	Frontline Ltd.		67
	2	Halliburton Co.		30
	1	Hess Corp.		40
	2	Mariner Energy, Inc. (D)		30
	2	Massey Energy Co.		50
	2	Murphy Oil Corp.		79
	2	Nabors Industries Ltd. (D)		30
	1	Noble Corp.		34
	1	Occidental Petroleum Corp.		71
	2	Oil States International, Inc. (D)		51
	5	Patterson-UTI Energy, Inc.		67
	1	Pride International, Inc. (D)		27
	1	Schlumberger Ltd.		72
	1	Transocean, Inc.		45
	1	Unit Corp. (D)		49
	2	W&T Offshore, Inc.		36

				1,014

		Food & Staples Retailing — 1.9%
	1	Costco Wholesale Corp.		35
	2	CVS/Caremark Corp.		54
	3	Wal-Mart Stores, Inc.		151

				240

		Food, Beverage & Tobacco — 4.4%
	8	Altria Group, Inc.		148
	1	Anheuser-Busch Cos., Inc.		57
	2	Coca-Cola Co.		77
	1	H.J. Heinz Co.		54
	3	PepsiCo, Inc.		145
	2	Philip Morris International, Inc.		82

				563

		Health Care Equipment & Services — 5.7%
	1	Baxter International, Inc.		64
	1	Becton, Dickinson & Co.		65
	1	Cardinal Health, Inc.		45
	1	Edwards Lifesciences Corp. (D)		36
	2	Express Scripts, Inc. (D)		104
	1	Henry Schein, Inc. (D)		35
	1	McKesson Corp.		43
	3	Medtronic, Inc.		102
	2	St. Jude Medical, Inc. (D)		63
	1	Stryker Corp.		35
	2	Varian Medical Systems, Inc. (D)		91
	2	Wellcare Health Plans, Inc. (D)		49

				732

		Household & Personal Products — 4.0%
	2	Avon Products, Inc.		59
	1	Church & Dwight Co., Inc.		68
	1	Colgate-Palmolive Co.		91
	3	Herbalife Ltd.		62
	4	NBTY, Inc. (D)		90
	2	Procter & Gamble Co.		138

				508

		Materials — 4.2%
	2	CF Industries Holdings, Inc.		136
	2	Crown Holdings, Inc. (D)		38
	1	FMC Corp.		61
	1	Monsanto Co.		93
	2	Mosaic Co.		91
	2	Owens-Illinois, Inc. (D)		42
	4	Terra Industries, Inc.		82

				543

		Media — 2.2%
	2	DirecTV Group, Inc. (D)		44
	3	DISH Network Corp. (D)		52
	2	DreamWorks Animation SKG, Inc. (D)		61

The accompanying notes are an integral part of these financial statements.

214


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Media — (continued)
	1	Morningstar, Inc. (D)	$	37
	2	Omnicom Group, Inc.		45
	1	Walt Disney Co.		37

				276

		Pharmaceuticals, Biotechnology & Life Sciences — 7.1%
	2	Abbott Laboratories		124
	1	Covance, Inc. (D)		25
	1	Eli Lilly & Co.		28
	3	Endo Pharmaceuticals Holdings, Inc. (D)		51
	1	Forest Laboratories, Inc. (D)		32
	1	Genentech, Inc. (D)		81
	2	Gilead Sciences, Inc. (D)		90
	2	Invitrogen Corp. (D)		49
	1	Johnson & Johnson		76
	1	Millipore Corp. (D)		58
	1	Perrigo Co.		33
	2	Pharmaceutical Product Development, Inc.		67
	2	Sepracor, Inc. (D)		33
	1	Waters Corp. (D)		53
	4	Watson Pharmaceuticals, Inc. (D)		114

				914

		Retailing — 4.5%
	1	Abercrombie & Fitch Co. Class A		28
	1	Advance Automotive Parts, Inc.		41
	1	Amazon.com, Inc. (D)		38
	1	AutoZone, Inc. (D)		96
	1	Best Buy Co., Inc.		38
	2	Big Lots, Inc. (D)		52
	1	Dollar Tree, Inc. (D)		37
	1	Kohl’s Corp. (D)		26
	2	Limited Brands, Inc.		26
	1	Priceline.com, Inc. (D)		43
	1	Ross Stores, Inc.		30
	1	Target Corp.		30
	1	TJX Cos., Inc.		34
	3	Urban Outfitters, Inc. (D)		64

				583

		Semiconductors & Semiconductor Equipment — 3.0%
	3	Applied Materials, Inc.		44
	7	Intel Corp.		116
	1	Lam Research Corp. (D)		30
	2	MEMC Electronic Materials, Inc. (D)		33
	5	NVIDIA Corp. (D)		42
	3	Texas Instruments, Inc.		57
	3	Varian Semiconductor Equipment Associates, Inc. (D)		60

				382

		Software & Services — 12.2%
	1	Adobe Systems, Inc. (D)		31
	2	Ansys, Inc. (D)		57
	1	Autodesk, Inc. (D)		30
	4	Broadridge Financial Solutions		42
	3	Cognizant Technology Solutions Corp. (D)		50
	2	eBay, Inc. (D)		34
	1	Factset Research Systems, Inc.		42
	1	Global Payments, Inc.		61
	—	Google, Inc. (D)		162
	3	Intuit, Inc. (D)		67
	1	Mastercard, Inc.		94
	15	Microsoft Corp.		339
	7	Oracle Corp. (D)		127
	3	Paychex, Inc.		89
	4	Red Hat, Inc. (D)		57
	1	Salesforce.com, Inc. (D)		37
	3	Sohu.com, Inc. (D)		146
	2	Total System Services, Inc.		33
	4	Western Union Co.		65

				1,563

		Technology Hardware & Equipment — 10.4%
	2	Agilent Technologies, Inc. (D)		40
	1	Amphenol Corp. Class A		41
	2	Apple, Inc. (D)		219
	10	Cisco Systems, Inc. (D)		177
	3	Dell, Inc. (D)		39
	2	Dolby Laboratories, Inc. Class A (D)		59
	2	F5 Networks, Inc. (D)		51
	2	FLIR Systems, Inc. (D)		56
	3	Hewlett-Packard Co.		110
	3	International Business Machines Corp.		244
	3	Juniper Networks, Inc. (D)		54
	3	NetApp, Inc. (D)		37
	3	Qualcomm, Inc.		124
	4	Seagate Technology		26
	4	Western Digital Corp. (D)		64

				1,341

		Telecommunication Services — 0.3%
	1	Telephone and Data Systems, Inc.		33

		Transportation — 3.0%
	1	Burlington Northern Santa Fe Corp.		57
	2	CSX Corp.		81
	1	Kansas City Southern (D)		40
	2	Kirby Corp. (D)		60
	1	Norfolk Southern Corp.		62
	1	Union Pacific Corp.		85

				385

		Utilities — 0.6%
	4	CenterPoint Energy, Inc.		43
	1	Public Service Enterprise Group, Inc.		33

				76

		Total common stock (cost $14,931)	$	11,458



EXCHANGE TRADED FUNDS — 0.2%
		Other Investment Pools and Funds — 0.2%
	1	iShares Russell 1000	$	33

		Total exchange traded funds (cost $32)	$	33

		Total long-term investments (cost $14,963)	$	11,491

Principal
Amount



SHORT-TERM INVESTMENTS — 1.1%
		Repurchase Agreements — 0.6%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $38, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $39)
$	38	0.15% dated 10/31/2008	$	38

The accompanying notes are an integral part of these financial statements.

215

The Hartford LargeCap Growth Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $31, collateralized by U.S. Treasury Note 4.13%, 2012, value of $31)
$	31	0.10% dated 10/31/2008			$	31
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $6, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $6)
	6	0.08% dated 10/31/2008				6

						75

		U.S. Treasury Bills — 0.5%
	10	0.38%, 12/11/2008 (M)(S)				10
	55	0.79%, 01/15/2009 (M)				55

						65

		Total short-term investments (cost $140)			$	140

		Total investments (cost $15,103) (C)	90.6	%	$	11,631
		Other assets and liabilities	9.4	%		1,201

		Total net assets	100.0	%	$	12,832


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 1.13% of total net assets at October 31, 2008.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $15,304 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	59
Unrealized Depreciation		(3,732	)

Net Unrealized Depreciation	$	(3,673	)


(D)		Currently non-income producing.

(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 October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

S&P 500 E-mini futures

Long

Dec 2008


		* 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.

216

The Hartford MidCap Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 98.5%
		Automobiles & Components — 0.7%
	610	BorgWarner, Inc.	$	13,709

		Banks — 1.5%
	280	Comerica, Inc.		7,717
	269	M&T Bank Corp.		21,813

				29,530

		Capital Goods — 6.9%
	275	Alliant Techsystems, Inc. (D)		22,698
	511	AMETEK, Inc.		16,997
	664	Chicago Bridge & Iron Co. N.V.		8,226
	1,028	Kennametal, Inc.		21,823
	791	Lennox International, Inc.		23,600
	848	PACCAR, Inc.		24,787
	223	Precision Castparts Corp.		14,420
	77	USG Corp. (D)		1,135

				133,686

		Commercial & Professional Services — 8.0%
	3,413	Allied Waste Industries, Inc. (D)		35,558
	257	Dun & Bradstreet Corp.		18,916
	1,305	Equifax, Inc. (D)		34,027
	481	Manpower, Inc.		14,961
	1,727	Republic Services, Inc.		40,938
	617	Robert Half International, Inc.		11,635

				156,035

		Consumer Durables & Apparel — 1.9%
	780	Mattel, Inc.		11,716
	50	NVR, Inc. (D)		24,706

				36,422

		Consumer Services — 5.8%
	190	Apollo Group, Inc. Class A (D)		13,227
	626	DeVry, Inc.		35,505
	388	ITT Educational Services, Inc. (D)		33,990
	784	Scientific Games Corp. Class A (D)		14,114
	69	Strayer Education, Inc.		15,499

				112,335

		Diversified Financials — 1.7%
	68	Blackrock, Inc.		8,970
	238	Capital One Financial Corp.		9,307
	482	Discover Financial Services, Inc.		5,903
	247	MSCI, Inc. (D)		4,256
	450	SLM Corp. (D)		4,805

				33,241

		Energy — 5.9%
	824	Forest Oil Corp. (D)		24,069
	614	Noble Energy, Inc.		31,791
	666	Smith International, Inc.		22,950
	472	St. Mary Land & Exploration Co.		11,758
	508	Ultra Petroleum Corp. (D)		23,657

				114,225

		Finance — 0.6%
	172	Arch Capital Group Ltd. (D)		12,017

		Food & Staples Retailing — 1.8%
	331	BJ’s Wholesale Club, Inc. (D)		11,641
	161	Kroger Co.		4,418
	1,288	Supervalu, Inc.		18,340

				34,399

		Health Care Equipment & Services — 9.8%
	811	Beckman Coulter, Inc.		40,480
	1,458	Community Health Systems, Inc. (D)		29,889
	783	Humana, Inc. (D)		23,178
	1,110	Patterson Cos., Inc. (D)		28,114
	666	St. Jude Medical, Inc. (D)		25,332
	677	Universal Health Services, Inc. Class B		28,469
	329	Varian Medical Systems, Inc. (D)		14,973

				190,435

		Household & Personal Products — 1.7%
	543	Clorox Co.		32,989

		Insurance — 6.4%
	613	Axis Capital Holdings Ltd.		17,450
	312	Everest Re Group Ltd.		23,269
	1,310	Marsh & McLennan Cos., Inc.		38,404
	1,077	Unum Group		16,963
	544	W.R. Berkley Corp.		14,286
	38	White Mountains Insurance Group Ltd.		13,125

				123,497

		Materials — 6.7%
	523	Agrium U.S., Inc.		19,860
	690	Ball Corp.		23,591
	339	Cliff’s Natural Resources, Inc.		9,155
	334	FMC Corp.		14,525
	277	Mosaic Co.		10,929
	439	Nucor Corp.		17,780
	513	Pactiv Corp. (D)		12,082
	1,326	Sealed Air Corp.		22,429

				130,351

		Media — 2.5%
	1,256	DreamWorks Animation SKG, Inc. (D)		35,283
	487	Scripps Networks Interactive Class A		13,820

				49,103

		Pharmaceuticals, Biotechnology & Life Sciences — 6.5%
	824	Amylin Pharmaceuticals, Inc. (D)		8,414
	418	Barr Pharmaceuticals, Inc. (D)		26,861
	175	Cephalon, Inc. (D)		12,524
	267	Onyx Pharmaceuticals, Inc. (D)		7,204
	790	PerkinElmer, Inc.		14,172
	707	Perrigo Co.		24,021
	679	Regeneron Pharmaceuticals, Inc. (D)		13,101
	752	Sepracor, Inc. (D)		10,021
	405	Vertex Pharmaceuticals, Inc. (D)		10,604

				126,922

		Real Estate — 0.5%
	160	Forest City Enterprises, Inc. Class A		1,907
	386	Kimco Realty Corp.		8,712

				10,619

		Retailing — 6.6%
	547	Advance Automotive Parts, Inc.		17,064
	181	AutoZone, Inc. (D)		23,014
	326	Best Buy Co., Inc.		8,742
	530	Dick’s Sporting Goods, Inc. (D)		8,121
	1,160	O’Reilly Automotive, Inc. (D)		31,453
	257	Sherwin-Williams Co.		14,637
	845	Staples, Inc.		16,424
	325	Tiffany & Co.		8,912

				128,367

The accompanying notes are an integral part of these financial statements.

217

The Hartford MidCap Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)

COMMON STOCK — (continued)
		Semiconductors & Semiconductor Equipment — 2.2%
	1,070	Altera Corp.			$	18,570
	1,058	Lam Research Corp. (D)				23,648

						42,218

		Software & Services — 8.3%
	439	BMC Software, Inc. (D)				11,325
	986	Electronic Arts, Inc. (D)				22,450
	378	Factset Research Systems, Inc.				14,651
	770	Global Payments, Inc.				31,184
	378	McAfee, Inc. (D)				12,304
	598	Micros Systems (D)				10,191
	1,345	Red Hat, Inc. (D)				17,896
	2,688	Western Union Co.				41,016

						161,017

		Technology Hardware & Equipment — 3.8%
	567	Diebold, Inc.				16,836
	403	FLIR Systems, Inc. (D)				12,949
	140	Itron, Inc. (D)				6,792
	1,386	NCR Corp. (D)				25,340
	759	Teradata Corp. (D)				11,686

						73,603

		Telecommunication Services — 0.9%
	547	American Tower Corp. Class A (D)				17,677

		Transportation — 2.7%
	662	J.B. Hunt Transport Services, Inc.				18,823
	688	Kansas City Southern (D)				21,232
	342	Landstar System, Inc.				13,194

						53,249

		Utilities — 5.1%
	1,404	DPL, Inc.				32,027
	1,450	Northeast Utilities				32,703
	1,422	UGI Corp.				33,934

						98,664

		Total common stock (cost $2,407,339)			$	1,914,310



Principal
Amount

SHORT-TERM INVESTMENTS — 3.9%
		Repurchase Agreements — 3.9%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $34,481, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $35,293)
$	34,480	0.25% dated 10/31/2008			$	34,480
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,735, collateralized by FNMA 5.50%, 2037, value of $3,810)
	3,735	0.25% dated 10/31/2008				3,735
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $150, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $153)
	150	0.08% dated 10/31/2008				150
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $16,009, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $16,329)
	16,009	0.25% dated 10/31/2008				16,009
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $21,099, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $21,521)
	21,099	0.23% dated 10/31/2008				21,099

		Total short-term investments (cost $75,473)			$	75,473

		Total investments (cost $2,482,812) (C)	102.4	%	$	1,989,783
		Other assets and liabilities	(2.4	)%		(46,038	)

		Total net assets	100.0	%	$	1,943,745


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 1.02% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $2,495,419 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	45,423
Unrealized Depreciation		(551,059	)

Net Unrealized Depreciation	$	(505,636	)


(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.

218

The Hartford MidCap Growth Fund (formerly The Hartford Select MidCap Growth Fund)

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 98.6%
		Capital Goods — 8.5%
	3	AGCO Corp. (D)(G)	$	106
	3	AMETEK, Inc.		101
	3	Bucyrus International, Inc.		80
	3	Dover Corp.		94
	7	Fluor Corp. (G)		286
	11	Foster Wheeler Ltd. (D)		310
	2	Goodrich Corp.		90
	3	Hubbell, Inc. Class B (G)		95
	4	Jacobs Engineering Group, Inc. (D)		140
	6	Joy Global, Inc.		166
	4	Kennametal, Inc.		85
	1	L-3 Communications Holdings, Inc. (G)		86
	3	MSC Industrial Direct Co., Inc. (G)		97
	2	Parker-Hannifin Corp.		68
	2	Precision Castparts Corp.		149
	2	Rockwell Automation, Inc. (G)		60
	2	Rockwell Collins, Inc. (G)		87
	5	Textron, Inc.		84
	4	URS Corp. (D)		122

				2,306

		Commercial & Professional Services — 1.0%
	2	Dun & Bradstreet Corp.		169
	4	Republic Services, Inc. (G)		95

				264

		Consumer Durables & Apparel — 3.0%
	13	Coach, Inc. (D)		272
	5	Garmin Ltd. (D)(G)		101
	4	Hasbro, Inc.		122
	2	Polo Ralph Lauren Corp. (G)		94
	20	Pulte Homes, Inc. (G)		225

				814

		Consumer Services — 5.7%
	4	Apollo Group, Inc. Class A (D)		277
	2	DeVry, Inc.		121
	11	H & R Block, Inc.		213
	2	ITT Educational Services, Inc. (D)(G)		168
	4	Marriott International, Inc. Class A		86
	12	Starbucks Corp. (D)		152
	5	Starwood Hotels & Resorts (G)		115
	1	Strayer Education, Inc.		176
	8	Yum! Brands, Inc.		221

				1,529

		Diversified Financials — 5.5%
	1	Affiliated Managers Group, Inc. (D)(G)		45
	5	Eaton Vance Corp.		108
	3	IntercontinentalExchange, Inc. (D)		248
	5	Janus Capital Group, Inc.		54
	3	Lazard Ltd.		84
	3	Nasdaq Stock Market, Inc. (D)		83
	5	Northern Trust Corp.		302
	9	SEI Investments Co.		151
	6	T. Rowe Price Group, Inc.		231
	12	Waddell and Reed Financial, Inc. Class A		178

				1,484

		Energy — 12.5%
	3	Alpha Natural Resources, Inc. (D)		90
	7	Arch Coal, Inc. (G)		153
	4	Cameron International Corp. (D)		93
	6	Encore Acquisition Co. (D)(G)		176
	4	ENSCO International, Inc. (G)		145
	3	FMC Technologies, Inc. (D)(G)		93
	5	Frontier Oil Corp. (G)		62
	4	Frontline Ltd. (G)		121
	10	Massey Energy Co.		226
	2	Murphy Oil Corp.		126
	5	Nabors Industries Ltd. (D)(G)		72
	4	Noble Corp.		143
	4	Noble Energy, Inc.		210
	4	Oil States International, Inc. (D)		82
	10	Patterson-UTI Energy, Inc. (G)		131
	9	Petrohawk Energy Corp. (D)		175
	5	Plains Exploration & Production Co. (D)(G)		149
	4	Pride International, Inc. (D)(G)		82
	3	Range Resources Corp.		119
	3	Smith International, Inc. (G)		97
	5	Southwestern Energy Co. (D)(G)		185
	2	St. Mary Land & Exploration Co. (G)		59
	5	Sunoco, Inc. (G)		154
	10	Tesoro Corp. (G)		98
	3	Unit Corp. (D)		94
	9	W&T Offshore, Inc.		182
	1	Whiting Petroleum Corp. (D)		64

				3,381

		Food, Beverage & Tobacco — 3.5%
	4	Dean Foods Co. (D)		85
	5	H.J. Heinz Co.		232
	5	Hansen National Corp. (D)(G)		132
	5	Hershey Co. (G)		192
	5	Lorillard, Inc.		306

				947

		Health Care Equipment & Services — 7.3%
	6	Express Scripts, Inc. (D)		386
	2	Henry Schein, Inc. (D)		84
	5	Hill-Rom Holdings, Inc. (G)		112
	14	Hlth Corp. (D)(G)		117
	—	Intuitive Surgical, Inc. (D)		76
	5	Kinetic Concepts, Inc. (D)(G)		114
	4	Laboratory Corp. of America Holdings (D)(G)		230
	6	Lincare Holdings, Inc. (D)(G)		155
	5	Omnicare, Inc. (G)		132
	3	Quest Diagnostics, Inc.		122
	6	St. Jude Medical, Inc. (D)		245
	3	Varian Medical Systems, Inc. (D)		137
	3	Wellcare Health Plans, Inc. (D)		77

				1,987

		Household & Personal Products — 2.1%
	7	Avon Products, Inc.		176
	3	Church & Dwight Co., Inc.		164
	1	Energizer Holdings, Inc. (D)(G)		64
	2	Estee Lauder Co., Inc.		68
	4	Herbalife Ltd.		86

				558

		Materials — 4.3%
	2	Airgas, Inc.		62
	6	AK Steel Holding Corp.		87
	5	Celanese Corp.		64
	4	CF Industries Holdings, Inc.		272
	4	Cliff’s Natural Resources, Inc.		107
	3	Owens-Illinois, Inc. (D)		69

The accompanying notes are an integral part of these financial statements.

219

The Hartford MidCap Growth Fund (formerly The Hartford Select MidCap Growth Fund)

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Materials — (continued)
	4	Rohm & Haas Co.	$	303
	9	Terra Industries, Inc.		197

				1,161

		Media — 2.0%
	5	DISH Network Corp. (D)		87
	6	DreamWorks Animation SKG, Inc. (D)		180
	11	Interpublic Group of Cos., Inc. (D)(G)		56
	3	Lamar Advertising Co. (D)(G)		42
	4	McGraw-Hill Cos., Inc.		111
	2	Morningstar, Inc. (D)		71

				547

		Pharmaceuticals, Biotechnology & Life Sciences — 6.1%
	3	Allergan, Inc.		127
	5	Applied Biosystems, Inc.		154
	2	Barr Pharmaceuticals, Inc. (D)		111
	1	Cephalon, Inc. (D)		75
	6	Endo Pharmaceuticals Holdings, Inc. (D)		112
	8	Forest Laboratories, Inc. (D)		194
	1	Millipore Corp. (D)(G)		68
	5	Pharmaceutical Product Development, Inc.		144
	19	Sepracor, Inc. (D)(G)		247
	8	Vertex Pharmaceuticals, Inc. (D)(G)		212
	2	Waters Corp. (D)		89
	4	Watson Pharmaceuticals, Inc. (D)(G)		111

				1,644

		Real Estate — 0.5%
	3	Plum Creek Timber Co., Inc. (G)		127

		Retailing — 6.7%
	6	Abercrombie & Fitch Co. Class A (G)		161
	3	Advance Automotive Parts, Inc.		86
	2	AutoZone, Inc. (D)(G)		205
	3	Dollar Tree, Inc. (D)		99
	9	Gap, Inc.		116
	5	Kohl’s Corp. (D)		172
	12	Limited Brands, Inc.		147
	2	Priceline.com, Inc. (D)(G)		131
	5	Ross Stores, Inc. (G)		177
	3	Sherwin-Williams Co. (G)		170
	2	Tiffany & Co.		59
	5	TJX Cos., Inc.		125
	8	Urban Outfitters, Inc. (D)(G)		165

				1,813

		Semiconductors & Semiconductor Equipment — 7.7%
	44	Advanced Micro Devices, Inc. (D)(G)		152
	10	Analog Devices, Inc.		218
	19	Broadcom Corp. Class A (D)(G)		330
	16	Integrated Device Technology, Inc. (D)		101
	5	International Rectifier Corp. (D)		81
	5	KLA-Tencor Corp. (G)		125
	3	Lam Research Corp. (D)		63
	29	LSI Corp. (D)(G)		110
	10	National Semiconductor Corp.		126
	11	Novellus Systems, Inc. (D)		171
	37	NVIDIA Corp. (D)		322
	6	Varian Semiconductor Equipment Associates, Inc. (D)(G)		121
	9	Xilinx, Inc. (G)		166

				2,086

		Software & Services — 10.2%
	19	Activision Blizzard, Inc. (D)		240
	2	Ansys, Inc. (D)		69
	9	Autodesk, Inc. (D)(G)		190
	6	BMC Software, Inc. (D)		147
	8	Broadridge Financial Solutions		99
	4	Citrix Systems, Inc. (D)		100
	5	Electronic Arts, Inc. (D)		124
	2	Factset Research Systems, Inc. (G)		70
	3	Fiserv, Inc. (D)		97
	3	Global Payments, Inc.		126
	8	IAC/Interactive Corp. (D)(G)		127
	11	Intuit, Inc. (D)		283
	17	Novell, Inc. (D)		80
	13	Paychex, Inc.		357
	6	Red Hat, Inc. (D)(G)		81
	5	Salesforce.com, Inc. (D)(G)		142
	5	Sohu.com, Inc. (D)(G)		258
	7	VeriSign, Inc. (D)(G)		154

				2,744

		Technology Hardware & Equipment — 5.8%
	5	Agilent Technologies, Inc. (D)		104
	31	Brocade Communications Systems, Inc. (D)		118
	23	Ciena Corp. (D)(G)		221
	3	Dolby Laboratories, Inc. Class A (D)		79
	20	JDS Uniphase Corp. (D)(G)		111
	11	Juniper Networks, Inc. (D)		213
	6	National Instruments Corp.		157
	15	NetApp, Inc. (D)		206
	24	Seagate Technology		160
	12	Western Digital Corp. (D)		204

				1,573

		Telecommunication Services — 3.1%
	8	American Tower Corp. Class A (D)		253
	2	Leap Wireless International, Inc. (D)		69
	20	SBA Communications Corp. (D)(G)		418
	4	Telephone and Data Systems, Inc.		109

				849

		Transportation — 1.4%
	3	C.H. Robinson Worldwide, Inc.		135
	3	Expeditors International of Washington, Inc.		90
	3	J.B. Hunt Transport Services, Inc. (G)		91
	2	Ryder System, Inc.		65

				381

		Utilities — 1.7%
	7	Constellation Energy Group, Inc.		161
	7	NRG Energy, Inc. (D)(G)		163
	4	Questar Corp.		126

				450

		Total common stock (cost $39,152)	$	26,645



EXCHANGE TRADED FUNDS — 0.3%
		Other Investment Pools and Funds — 0.3%
	2	iShares Russell Midcap Growth	$	76

		Total exchange traded funds (cost $77)	$	76

		Total long-term investments (cost $39,229)	$	26,721

The accompanying notes are an integral part of these financial statements.

220


Principal					Market
Amount					Value (W)

SHORT-TERM INVESTMENTS — 14.9%
		Repurchase Agreements — 1.6%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $222, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $225)
$	222	0.15% dated 10/31/2008			$	222
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $179, collateralized by U.S. Treasury Note 4.13%, 2012, value of $182)
	178	0.10% dated 10/31/2008				178
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $36, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $36)
	36	0.08% dated 10/31/2008				36

						436



Shares

		Securities Purchased with Proceeds from Security Lending — 13.1%
		Cash Collateral Reinvestment Fund:
	3,551	State Street Navigator Securities Lending Prime Portfolio				3,551



Principal
Amount

		U.S. Treasury Bills — 0.2%
$	60	0.51%, 01/15/2009 (M)(S)				60

		Total short-term investments (cost $4,047)			$	4,047

		Total investments (cost $43,276) (C)	113.8	%	$	30,768
		Other assets and liabilities	(13.8	)%		(3,742	)

		Total net assets	100.0	%	$	27,026


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 0.96% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $45,157 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	150
Unrealized Depreciation		(14,539	)

Net Unrealized Depreciation	$	(14,389	)


(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(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 October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

S&P Mid 400 Mini Futures

Long

Dec 2008


		* 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.

221

The Hartford MidCap Value Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 99.2%
		Automobiles & Components — 0.4%
	121	TRW Automotive Holdings Corp. (D)	$	762

		Banks — 4.7%
	53	Comerica, Inc.		1,454
	121	Huntington Bancshares, Inc.		1,141
	27	M&T Bank Corp.		2,157
	373	Popular, Inc.		2,836
	361	Sovereign Bancorp, Inc.		1,045

				8,633

		Capital Goods — 6.9%
	12	AGCO Corp. (D)		391
	47	Alliant Techsystems, Inc. (D)		3,838
	40	Dover Corp.		1,258
	111	Pentair, Inc.		3,076
	45	Teleflex, Inc.		2,374
	62	URS Corp. (D)		1,831

				12,768

		Commercial & Professional Services — 1.8%
	37	Copart, Inc. (D)		1,305
	125	R.R. Donnelley & Sons Co.		2,075

				3,380

		Consumer Durables & Apparel — 6.0%
	138	MDC Holdings, Inc.		4,624
	161	Newell Rubbermaid, Inc.		2,218
	65	Toll Brothers, Inc. (D)		1,494
	50	V.F. Corp.		2,749

				11,085

		Diversified Financials — 4.7%
	37	Affiliated Managers Group, Inc. (D)		1,711
	65	Ameriprise Financial, Inc.		1,406
	289	CIT Group, Inc.		1,196
	50	Invesco Ltd.		745
	325	PHH Corp. (D)		2,623
	76	TD Ameritrade Holding Corp. (D)		1,014

				8,695

		Energy — 3.5%
	91	Cie Gen Geophysique ADR (D)		1,471
	113	Newfield Exploration Co. (D)		2,592
	22	Noble Energy, Inc.		1,145
	52	SBM Offshore N.V.		909
	71	USEC, Inc. (D)		292

				6,409

		Food, Beverage & Tobacco — 5.9%
	2,414	Chaoda Modern Agriculture		1,701
	52	Cosan Ltd. (D)		138
	140	Dean Foods Co. (D)		3,063
	3,838	First Pacific Co., Ltd.		1,551
	201	Marfig Frigorificos E Comer		909
	5,661	Marine Harvest (D)		914
	59	Perdigao S.A.		854
	170	Smithfield Foods, Inc. (D)		1,783

				10,913

		Health Care Equipment & Services — 5.9%
	57	Cigna Corp.		928
	102	Humana, Inc. (D)		3,006
	44	Laboratory Corp. of America Holdings (D)		2,700
	108	West Pharmaceutical Services		4,303

				10,937

		Insurance — 8.4%
	47	Everest Re Group Ltd.		3,518
	89	Fidelity National Financial, Inc.		800
	48	First American Financial Corp.		982
	104	Platinum Underwriters Holdings Ltd.		3,311
	113	Reinsurance Group of America, Inc.		4,236
	164	Unum Group		2,581

				15,428

		Materials — 9.6%
	40	Agrium U.S., Inc.		1,519
	102	Celanese Corp.		1,412
	41	Cliff’s Natural Resources, Inc.		1,118
	97	FMC Corp.		4,215
	65	Greif, Inc.		2,646
	20	JSR Corp.		222
	89	Owens-Illinois, Inc. (D)		2,032
	121	Pactiv Corp. (D)		2,846
	163	Rhodia S.A.		1,391
	408	Uranium One, Inc. (D)		345

				17,746

		Media — 1.1%
	342	Virgin Media, Inc.		1,969

		Pharmaceuticals, Biotechnology & Life Sciences — 4.2%
	35	Barr Pharmaceuticals, Inc. (D)		2,243
	45	Endo Pharmaceuticals Holdings, Inc. (D)		838
	448	Impax Laboratories, Inc. (A)(D)(H)		3,585
	174	Theravance, Inc. (D)		1,182

				7,848

		Real Estate — 2.9%
	264	Annaly Capital Management, Inc.		3,664
	74	Liberty Property Trust		1,758

				5,422

		Retailing — 3.3%
	201	American Eagle Outfitters, Inc.		2,232
	2,375	Buck Holdings L.P. (A)(D)(H)		2,266
	39	Genuine Parts Co.		1,534

				6,032

		Semiconductors & Semiconductor Equipment — 2.8%
	220	Teradyne, Inc. (D)		1,124
	209	Varian Semiconductor Equipment Associates, Inc. (D)		4,097

				5,221

		Software & Services — 4.7%
	111	CACI International, Inc. Class A (D)		4,563
	127	McAfee, Inc. (D)		4,134

				8,697

		Technology Hardware & Equipment — 7.0%
	217	Arrow Electronics, Inc. (D)		3,787
	485	Flextronics International Ltd. (D)		2,027
	244	JDS Uniphase Corp. (D)		1,331
	4,888	Kingboard Laminates Holdings		1,197
	57	NCR Corp. (D)		1,035
	181	Seagate Technology		1,228

The accompanying notes are an integral part of these financial statements.

222


					Market
Shares					Value (W)

COMMON STOCK — (continued)

		Technology Hardware & Equipment — (continued)
	182	Solar Cayman Ltd. (A)(D)(H)			$	2,348

						12,953

		Transportation — 5.6%
	67	Con-way, Inc.				2,294
	729	Delta Air Lines, Inc. (D)				8,008

						10,302

		Utilities — 9.8%
	197	Northeast Utilities				4,433
	373	Sierra Pacific Resources				3,088
	136	TECO Energy, Inc.				1,574
	158	UGI Corp.				3,774
	119	Wisconsin Energy Corp.				5,185

						18,054

		Total common stock (cost $263,401)			$	183,254



Principal
Amount

SHORT-TERM INVESTMENTS — 1.4%
		Repurchase Agreements — 1.4%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,207, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $1,235)
$	1,207	0.25% dated 10/31/2008			$	1,207
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $131, collateralized by FNMA 5.50%, 2037, value of $133)
	131	0.25% dated 10/31/2008				131
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $5, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $5)
	5	0.08% dated 10/31/2008				5
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $560, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $572)
	560	0.25% dated 10/31/2008				560
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $739, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $753)
	739	0.23% dated 10/31/2008				739

		Total short-term investments (cost $2,642)			$	2,642

		Total investments (cost $266,043) (C)	100.6	%	$	185,896
		Other assets and liabilities	(0.6	)%		(1,167	)

		Total net assets	100.0	%	$	184,729


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 7.10% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $268,492 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	4,083
Unrealized Depreciation		(86,679	)

Net Unrealized Depreciation	$	(82,596	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $8,199, which represents 4.44% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis

06/2007		2,375	Buck Holdings L.P.	$	2,378
03/2005 – 01/2007		448	Impax Laboratories, Inc.		5,234
03/2007		182	Solar Cayman Ltd. - 144A		2,733


		The aggregate value of these securities at October 31, 2008 was $8,199 which represents 4.44% 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.

223

The Hartford Money Market Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
Consumer Cyclical — 2.5%
		Eksportfinians
$	3,250	2.20%, 11/14/2008 (I)	$	3,248
	7,250	2.37%, 11/17/2008 (I)		7,242
		Wal-Mart Stores, Inc.
	10,605	2.15%, 11/18/2008 — 11/21/2008		10,594

				21,084

		Consumer Staples — 2.2%
		Coca-Cola Co.
	8,500	1.60%, 11/14/2008		8,495
		Procter & Gamble Co.
	5,300	2.20%, 11/12/2008 (I)		5,297
	5,250	2.24%, 12/19/2008 (I)		5,234

				19,026

		Energy — 0.9%
		ConocoPhillips Holding Co.
	3,750	2.21%, 11/20/2008 (I)		3,746
	4,000	2.23%, 12/02/2008 (I)		3,992

				7,738

		Finance — 44.4%
		American Honda Finance Corp.
	3,500	2.81%, 11/07/2008 (I)(L)		3,500
	4,250	3.03%, 09/18/2009 (I)(L)		4,250
	2,750	4.18%, 04/02/2009 (I)(L)		2,750
		Australia & New Zealand Banking Group Ltd.
	3,750	2.83%, 11/21/2008 (I)		3,744
	3,750	3.21%, 10/02/2009 (I)(L)(BB)		3,750
		Bank of America Corp.
	4,750	2.79%, 11/20/2008		4,743
	5,000	4.28%, 12/18/2008 (L)		4,999
		Bank of Nova Scotia
	3,500	2.65%, 11/12/2008		3,497
	4,750	4.57%, 11/09/2009 (I)(L)		4,750
		Bank of Scotland
	3,500	2.67%, 11/07/2008		3,498
	4,000	2.79%, 12/01/2008		3,991
		BNP Paribas
	4,000	3.15%, 11/07/2008		4,000
		BNP Paribas Finance, Inc.
	4,750	2.77%, 11/25/2008		4,741
		Caterpillar Financial Services Corp.
	6,000	2.81%, 05/15/2009 (L)		5,998
		Citigroup Funding, Inc.
	5,000	2.80%, 11/19/2008		4,993
		Danske Corp.
	2,750	2.72%, 11/21/2008		2,746
	4,000	3.04%, 03/03/2009		3,959
		European Investment Bank
	4,600	2.23%, 11/03/2008		4,600
	7,250	2.27%, 12/04/2008		7,236
		Export Development Canada
	7,000	1.75%, 11/07/2008		6,998
		Federal Home Loan Bank
	6,000	2.18%, 12/10/2008		5,986
		Federal Home Loan Bank
	6,000	2.19%, 12/17/2008		5,984
	3,900	2.42%, 11/07/2008		3,898
	8,350	2.57%, 12/08/2008 (L)		8,350
	4,200	2.58%, 11/26/2008 (L)		4,200
	4,100	2.60%, 05/20/2009 (L)		4,100
	3,000	2.79%, 01/05/2009		2,985
	3,750	3.66%, 01/23/2009 (L)		3,751
		Federal Home Loan Mortgage Corp.
	5,250	0.80%, 11/04/2008		5,250
	5,000	2.09%, 12/16/2008		4,987
	4,750	2.19%, 11/17/2008		4,745
	5,000	2.36%, 02/24/2009		4,964
	4,750	2.40%, 11/20/2008		4,744
	8,000	2.41%, 11/10/2008		7,995
	6,750	2.48%, 11/05/2008		6,748
	5,250	2.65%, 01/09/2009		5,223
	6,000	4.02%, 04/07/2009 (L)		6,000
		Federal National Mortgage Association
	4,500	1.15%, 11/20/2008		4,497
	7,188	1.25%, 11/18/2008		7,184
	7,342	2.16%, 12/10/2008		7,325
	5,250	2.17%, 11/12/2008		5,247
	6,000	2.27%, 11/05/2008		5,999
	9,750	2.35%, 11/10/2008		9,744
	12,500	2.42%, 11/04/2008 — 11/24/2008		12,487
	5,000	2.51%, 12/22/2008		4,982
	4,000	2.78%, 02/11/2009		3,969
	6,258	2.23%, 2009		6,234
	6,360	5.69%, 2009		6,427
		General Electric Capital Corp.
	6,250	2.60%, 11/18/2008		6,242
	2,600	3.31%, 06/24/2009 (L)(BB)		2,600
	2,250	4.63%, 12/12/2008 (L)		2,250
		Goldman Sachs Group, Inc.
	3,000	2.84%, 11/14/2008 (L)		2,999
		John Deere Capital Corp.
	3,877	2.85%, 09/01/2009 (L)		3,874
		JP Morgan Chase & Co.
	4,250	2.65%, 11/24/2008		4,250
	3,750	2.74%, 01/05/2009		3,732
	5,250	2.76%, 12/09/2008		5,235
		Kreditanstalt fuer Wiederaufbau
	3,250	2.24%, 11/13/2008 (I)		3,248
		Nordea Bank Finland NY
	4,500	4.13%, 04/09/2009 (L)		4,491
		Nordea North America
	4,000	2.89%, 01/12/2009		3,977
		Royal Bank of Canada
	4,750	3.39%, 11/17/2008		4,743
	3,750	4.96%, 10/15/2009 (I)(L)		3,750
		Royal Bank of Scotland Group plc
	5,250	2.75%, 11/03/2008		5,249
	4,250	3.22%, 10/09/2009 (I)(L)(BB)		4,250
		Skandinav Enskilda Bank
	3,250	2.80%, 11/21/2008 (I)		3,245
	4,500	2.87%, 12/11/2008 (I)		4,486
		State Street Corp.
	4,500	2.55%, 11/06/2008		4,498
	4,750	2.71%, 12/11/2008		4,736

The accompanying notes are an integral part of these financial statements.

224


Principal					Market
Amount					Value (W)

		Finance — (continued)
		Svenska Handelsbanken Ab
$	3,250	2.71%, 11/13/2008			$	3,247
	3,600	4.42%, 05/06/2009 (I)(L)(BB)				3,600
		Swedbank
	3,750	2.94%, 11/10/2008				3,747
		Toyota Motor Credit Corp.
	6,250	2.65%, 11/14/2008				6,244
	6,000	2.77%, 01/30/2009				5,959
		UBS Finance Delaware LLC
	4,500	2.86%, 11/26/2008				4,491
		Wachovia Bank NA
	6,000	4.61%, 08/04/2009 (L)(BB)				6,000
		Wells Fargo & Co.
	3,750	3.39%, 11/06/2008				3,748
	3,000	4.43%, 06/18/2009 (L)				3,000
		Westpac Banking Corp.
	3,250	2.66%, 12/15/2008 (I)				3,240
	4,250	3.00%, 01/28/2009 (L)				4,250

						378,128

		Health Care — 0.4%
		Astrazeneca plc
	3,750	2.70%, 11/25/2008 (I)				3,743

		Repurchase Agreements — 2.3%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $9,833, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $10,006)
	9,833	0.15% dated 10/31/2008				9,833
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $7,924, collateralized by U.S. Treasury Note 4.13%, 2012, value of $8,083)
	7,924	0.10% dated 10/31/2008				7,924
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,591, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $1,615)
	1,591	0.08% dated 10/31/2008				1,591

						19,348

		Services — 1.0%
		Walt Disney Co.
	8,500	1.60%, 12/18/2008				8,482

		Technology — 2.9%
		AT&T, Inc.
	2,500	1.70%, 11/19/2008 (I)				2,498
	6,000	1.75%, 12/08/2008 (I)				5,989
		International Business Machines Corp.
	4,000	2.30%, 11/13/2008 (I)				3,997
	4,000	2.35%, 12/05/2008 (I)				3,991
		Microsoft Corp.
	8,500	1.00%, 12/02/2008 (I)				8,493

						24,968

		U.S. Treasury Bills — 42.8%
	104,000	0.10%, 11/06/2008 (M)				103,996
	28,000	0.15%, 11/20/2008 (M)				27,998
	56,000	0.30%, 01/29/2009 (M)				55,900
	42,000	0.36%, 12/11/2008 (M)				41,984
	135,000	0.41%, 11/13/2008 — 01/02/2009 (M)				134,945

						364,823

		Utilities — 1.0%
		Florida Power & Light Co.
	8,500	1.75%, 11/19/2008 — 12/19/2008				8,486

		Capital Support Agreement — 0.0%
		Hartford Life, Inc. Capital Support
	—	Agreement (BB)				—

		Total investments (cost $855,826) (C)	100.4	%	$	855,826
		Other assets and liabilities	(0.4	)%		(3,060	)

		Total net assets	100.0	%	$	852,766


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets. The rates presented in this Schedule of Investments are yields, unless otherwise noted. Market value of investments in foreign securities represents 11.26% of total net assets at October 31, 2008.


(C)		Also represents cost for tax purposes.

(BB)		The Fund has entered into a Capital Support Agreement with Hartford Life, Inc. which provides that Hartford Life, Inc. will contribute capital to the Fund, up to a specified maximum amount, in the event that the Fund realizes a loss on any of these securities and such realized loss causes the Fund’s net asset value as calculated using fair values to drop below $0.9950. These securities are valued at amortized cost, which approximates fair value. See footnote 11 for additional information.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $106,033, which represents 12.44% of total net assets.

(L)		Variable rate securities; the yield reported is the rate in effect at October 31, 2008.

(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.

The accompanying notes are an integral part of these financial statements.

225

The Hartford Retirement Income Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 96.9%
EQUITY FUNDS — 29.5%
	9	The Hartford Capital Appreciation Fund, Class Y			$	221
	34	The Hartford Disciplined Equity Fund, Class Y				332
	43	The Hartford Fundamental Growth Fund, Class Y				338
	23	The Hartford International Opportunities Fund, Class Y				245
	35	The Hartford LargeCap Growth Fund, Class Y				223
	64	The Hartford Value Fund, Class Y				569

		Total equity funds (cost $2,307)			$	1,928



FIXED INCOME FUNDS — 67.4%
	73	The Hartford Floating Rate Fund, Class Y			$	523
	54	The Hartford High Yield Fund, Class Y				300
	37	The Hartford Income Fund, Class Y				304
	66	The Hartford Inflation Plus Fund, Class Y				647
	124	The Hartford Short Duration Fund, Class Y				1,139
	69	The Hartford Strategic Income Fund, Class Y				504
	107	The Hartford Total Return Bond Fund, Class Y				997

		Total fixed income funds (cost $5,037)			$	4,414

		Total investments in affiliated investment companies (cost $7,344)			$	6,342



EXCHANGE TRADED FUNDS — 2.2%
	3	Powershares Emerging Markets Sovereign Debt Portfolio ETF			$	50
	2	SPDR DJ Wilshire International Real Estate ETF				48
	1	SPDR DJ Wilshire REIT ETF				46

		Total investments in exchange traded funds (cost $137)			$	144

		Total investments (cost $7,481) (C)	99.1	%	$	6,486
		Other assets and liabilities	0.9	%		60

		Total net assets	100.0	%	$	6,546


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $7,634 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	7
Unrealized Depreciation		(1,155	)

Net Unrealized Depreciation	$	(1,148	)


(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.

226

The Hartford Select MidCap Value Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 97.8%
		Automobiles & Components — 1.0%
	6	Autoliv, Inc.	$	124
	90	Ford Motor Co. (D)		196
	26	General Motors Corp. (G)		151

				471

		Banks — 4.9%
	19	Fifth Third Bankcorp		209
	3	First Citizens Bancshares Class A		390
	48	Huntington Bancshares, Inc.		454
	35	Popular, Inc. (G)		268
	55	Regions Financial Corp.		606
	7	Whitney Holding Corp.		129
	8	Zion Bancorp		297

				2,353

		Capital Goods — 3.1%
	7	AGCO Corp. (D)(G)		224
	4	Dover Corp.		124
	8	Eaton Corp.		352
	1	Flowserve Corp.		83
	5	Gardner Denver Machinery, Inc. (D)		115
	16	Ingersoll-Rand Co. Class A		288
	12	Terex Corp. (D)		200
	4	Thomas & Betts Corp. (D)		102

				1,488

		Commercial & Professional Services — 0.3%
	10	R.R. Donnelley & Sons Co.		157

		Consumer Durables & Apparel — 4.3%
	3	Black & Decker Corp.		172
	14	Eastman Kodak Co.		130
	6	Harman International Industries, Inc.		107
	13	Hasbro, Inc.		375
	13	Leggett & Platt, Inc.		227
	14	Liz Claiborne, Inc.		110
	14	Mattel, Inc.		210
	1	NVR, Inc. (D)		316
	5	Stanley Works		154
	5	Whirlpool Corp.		236

				2,037

		Consumer Services — 0.3%
	10	Career Education Corp. (D)(G)		158

		Diversified Financials — 2.5%
	31	Discover Financial Services, Inc.		375
	12	Moody’s Corp.		310
	4	Nasdaq Stock Market, Inc. (D)		139
	17	Raymond James Financial, Inc.		391

				1,215

		Energy — 5.9%
	4	Cimarex Energy Co.		150
	7	Encore Acquisition Co. (D)(G)		215
	7	Forest Oil Corp. (D)		199
	11	Nabors Industries Ltd. (D)(G)		159
	6	Noble Energy, Inc.		311
	6	Oil States International, Inc. (D)(G)		148
	4	Overseas Shipholding Group, Inc.		154
	12	Petrohawk Energy Corp. (D)(G)		231
	9	Plains Exploration & Production Co. (D)		259
	19	Spectra Energy Corp.		371
	6	Sunoco, Inc.		177
	28	Tesoro Corp.		273
	4	Tidewater, Inc.		166

				2,813

		Finance — 0.4%
	3	Arch Capital Group Ltd. (D)		202

		Food & Staples Retailing — 0.8%
	5	BJ’s Wholesale Club, Inc. (D)		159
	10	Safeway, Inc.		202

				361

		Food, Beverage & Tobacco — 6.9%
	6	Brown-Forman Corp.		271
	10	Bunge Ltd. Finance Corp. (G)		386
	14	Coca-Cola Enterprises, Inc.		143
	8	Constellation Brands, Inc. Class A (D)(G)		98
	11	Corn Products International, Inc.		275
	7	Dean Foods Co. (D)		162
	10	Dr Pepper Snapple Group (D)		218
	7	H.J. Heinz Co.		315
	18	Hershey Co.		685
	9	Lorillard, Inc.		586
	4	McCormick & Co., Inc.		131

				3,270

		Health Care Equipment & Services — 4.6%
	14	Brookdale Senior Living, Inc.		121
	13	Cigna Corp.		212
	3	Henry Schein, Inc. (D)		148
	11	Hill-Rom Holdings, Inc.		250
	75	Hlth Corp. (D)(G)		620
	7	Inverness Medical Innovation, Inc. (D)(G)		127
	6	Lincare Holdings, Inc. (D)(G)		166
	12	Omnicare, Inc.		317
	6	Pediatrix Medical Group, Inc. (D)(G)		220

				2,181

		Household & Personal Products — 0.6%
	5	Clorox Co.		277

		Insurance — 11.0%
	9	American Financial Group, Inc.		209
	2	American National Insurance Co.		107
	5	Assurant, Inc.		135
	8	Axis Capital Holdings Ltd.		225
	21	CNA Financial Corp.		325
	8	Everest Re Group Ltd.		586
	13	HCC Insurance Holdings, Inc.		289
	1	Markel Corp. (D)		375
	16	MBIA, Inc.		154
	7	PartnerRe Ltd.		457
	3	Philadelphia Consolidated Holding Corp. (D)		152
	7	Principal Financial Group, Inc.		123
	34	Progressive Corp.		484
	5	RenaissanceRe Holdings Ltd. ADR		225
	8	Transatlantic Holdings, Inc.		351
	12	Unum Group		194
	11	W.R. Berkley Corp.		281

The accompanying notes are an integral part of these financial statements.

227

The Hartford Select MidCap Value Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Insurance — (continued)
	1	White Mountains Insurance Group Ltd.	$	310
	29	XL Capital Ltd. Class A		286

				5,268

		Materials — 8.5%
	9	Celanese Corp.		119
	9	FMC Corp.		390
	26	International Paper Co.		443
	13	Intrepid Postash, Inc. (D)(G)		285
	12	Owens-Illinois, Inc. (D)(G)		277
	11	Pactiv Corp. (D)		247
	4	PPG Industries, Inc.		176
	11	Rohm & Haas Co.		753
	18	Schnitzer Steel Industries, Inc.		471
	9	Sigma-Aldrich Corp.		377
	25	Steel Dynamics, Inc.		297
	4	Vulcan Materials Co.		198

				4,033

		Media — 2.7%
	20	CBS Corp. Class B		196
	12	Discovery Communications, Inc. (D)		156
	19	Gannett Co., Inc.		213
	32	Interpublic Group of Cos., Inc. (D)(G)		167
	13	Liberty Global, Inc. (D)(G)		218
	8	McGraw-Hill Cos., Inc.		212
	5	Scripps Networks Interactive Class A		131

				1,293

		Pharmaceuticals, Biotechnology & Life Sciences — 3.3%
	6	Barr Pharmaceuticals, Inc. (D)		379
	12	Endo Pharmaceuticals Holdings, Inc. (D)		220
	22	Forest Laboratories, Inc. (D)		516
	7	ImClone Systems, Inc. (D)		454

				1,569

		Real Estate — 11.3%
	2	Alexandria Real Estate Equities, Inc.		163
	39	Annaly Capital Management, Inc.		541
	2	Avalonbay Communities, Inc.		167
	6	Boston Properties, Inc.		390
	21	CapitalSource, Inc.		155
	8	CBL & Associates Properties		73
	5	Digital Realty Trust, Inc.		167
	9	Duke Realty, Inc.		121
	2	Essex Property Trust, Inc.		181
	7	Federal Realty Investment Trust		450
	8	Health Care, Inc.		352
	43	Host Hotels & Resorts, Inc.		445
	12	Kimco Realty Corp.		260
	9	Plum Creek Timber Co., Inc.		332
	6	ProLogis		88
	5	Public Storage		428
	6	Rayonier, Inc.		202
	3	Regency Centers Corp.		114
	9	Ventas, Inc.		314
	4	Vornado Realty Trust		310
	6	Weingarten Realty Investments		123

				5,376

		Retailing — 5.0%
	14	American Eagle Outfitters, Inc.		158
	9	Bed Bath & Beyond, Inc. (D)(G)		227
	7	Family Dollar Stores, Inc.		175
	21	Foot Locker, Inc.		310
	13	Gap, Inc.		169
	8	J. C. Penney Co., Inc.		194
	8	Kohl’s Corp. (D)		277
	13	Limited Brands, Inc.		152
	29	Macy’s, Inc.		358
	8	RadioShack Corp.		106
	5	Sears Holdings Corp. (D)(G)		283

				2,409

		Semiconductors & Semiconductor Equipment — 2.7%
	88	Advanced Micro Devices, Inc. (D)		307
	9	Cree, Inc. (D)(G)		169
	6	Lam Research Corp. (D)(G)		130
	54	LSI Corp. (D)(G)		208
	69	Micron Technology, Inc. (D)(G)		324
	10	Novellus Systems, Inc. (D)(G)		159

				1,297

		Software & Services — 2.3%
	21	CA, Inc.		379
	24	Cadence Design Systems, Inc. (D)(G)		97
	9	IAC/Interactive Corp. (D)		151
	5	McAfee, Inc. (D)		169
	15	Synopsys, Inc. (D)		280

				1,076

		Technology Hardware & Equipment — 2.8%
	30	Brocade Communications Systems, Inc. (D)(G)		111
	27	JDS Uniphase Corp. (D)		149
	18	Lexmark International, Inc. ADR (D)(G)		474
	12	QLogic Corp. (D)		139
	18	SanDisk Corp. (D)(G)		161
	14	Seagate Technology		97
	26	Xerox Corp.		207

				1,338

		Telecommunication Services — 1.6%
	14	CenturyTel, Inc.		359
	43	Qwest Communications International, Inc.		122
	10	Telephone and Data Systems, Inc.		269

				750

		Transportation — 1.6%
	22	AMR Corp. (D)		226
	44	Southwest Airlines Co.		515

				741

		Utilities — 9.4%
	13	American Electric Power Co., Inc.		418
	20	CenterPoint Energy, Inc.		226
	15	CMS Energy Corp.		156
	6	DTE Energy Co.		194
	7	Edison International		256
	6	Hawaiian Electric Industry		146
	5	Integrys Energy Group, Inc.		253
	13	MDU Resources Group, Inc.		235
	7	National Fuel Gas Co.		264
	8	Northeast Utilities		183

The accompanying notes are an integral part of these financial statements.

228


					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Utilities — (continued)
	6	OGE Energy Corp.			$	150
	7	Oneok, Inc.				214
	10	Pepco Holdings, Inc.				198
	11	PG&E Corp.				396
	8	Progress Energy, Inc.				299
	23	Reliant Resources, Inc. (D)				118
	10	Sempra Energy				428
	5	Wisconsin Energy Corp.				196
	9	Xcel Energy, Inc.				158

						4,488

		Total common stock (cost $66,023)			$	46,621


SHORT-TERM INVESTMENTS — 9.2%
		Securities Purchased with Proceeds from Security Lending — 9.0%
		Cash Collateral Reinvestment Fund:
	4,297	State Street Navigator Securities Lending Prime Portfolio			$	4,297



Principal
Amount

		U.S. Treasury Bills — 0.2%
$	100	0.71%, 01/15/2009 (M)(S)				100

		Total short-term investments (cost $4,396)			$	4,397

		Total investments (cost $70,419) (C)	107.0	%	$	51,018
		Other assets and liabilities	(7.0	)%		(3,326	)

		Total net assets	100.0	%	$	47,692


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $71,793 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	954
Unrealized Depreciation		(21,729	)

Net Unrealized Depreciation	$	(20,775	)


(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(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 October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

S&P Mid 400 Mini Futures

Long

Dec 2008

(66

)


		* 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.

229

The Hartford Select SmallCap Value Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 95.2%
		Automobiles & Components — 1.2%
	4	American Axle & Manufacturing Holdings, Inc.	$	16
	1	ArvinMeritor, Inc.		7
	20	ATC Technology Corp. (D)		428
	18	Dana Holding Corp. (D)		35
	9	Hayes Lemmerz International (D)		12
	5	Lear Corp. (D)		10
	6	Stoneridge, Inc. (D)		35
	2	Superior Industries International		21
	6	Tenneco Automotive, Inc. (D)		28
	17	Thor Industries, Inc.		304
	42	Visteon Corp. (D)		29

				925

		Banks — 12.4%
	—	Ames National Corp.		7
	2	Arrow Financial Corp.		52
	6	Banco Latinoamericano de Exportaciones S.A. ADR Class E		59
	5	Bankfinancial Corp.		57
	2	Berkshire Hills Bancorp, Inc.		50
	84	Boston Private Financial Holdings, Inc.		742
	—	Brooklyn Federal Bancorp, Inc.		3
	1	Bryn Mawr Bank Corp.		23
	2	Camden National Corp.		44
	94	Cathay General Bancorp		2,301
	2	Citizens & Northern Corp.		54
	—	City Bank		3
	2	City Holding Co.		84
	59	Colonial BancGroup, Inc.		240
	—	Community Bank System, Inc.		7
	29	CVB Financial Corp.		362
	4	Dime Community Bancshares		63
	4	East West Bancorp, Inc.		77
	1	Federal Agricultural Mortgage Corp.		5
	3	First Bancorp North Carolina		58
	6	First BanCorp Puerto Rico		58
	2	First Bancorp, Inc.		34
	7	First Commonwealth Financial Corp.		78
	6	First Financial Northwest		47
	3	First Merchants Corp.		65
	1	First Midwest Bancorp, Inc.		16
	9	First Niagara Financial Group, Inc.		141
	4	First Place Financial Corp.		26
	—	FirstFed Financial Corp. (D)		1
	5	FirstMerit Corp.		124
	—	Flushing Financial Corp.		2
	6	FNB Corp.		74
	3	Fox Chase Bancorp, Inc. (D)		31
	1	Glacier Bancorp		20
	3	Green Bankshares, Inc.		55
	12	Guaranty Bancorp (D)		51
	—	Hancock Holding Co.		13
	9	Hanmi Financial Corp.		38
	—	Iberiabank Corp.		5
	3	Integra Bank Corp.		16
	29	International Bancshares Corp.		761
	5	Kearny Financial Corp.		53
	2	Lakeland Bancorp, Inc.		27
	—	MainSource Financial Group, Inc.		6
	2	MB Financial, Inc.		65
	3	N B T Bancorp		95
	5	National Penn Bancshares, Inc.		82
	5	Newalliance Bancs		68
	1	Oceanfirst Financial Corp.		23
	6	Old National Bankcorp		115
	4	Oriental Financial Group, Inc.		67
	4	Pacific Capital Bancorp		87
	1	PacWest Bancorp		35
	2	Peapack-Gladstone Financial		58
	1	Peoples Bancorp, Inc.		19
	1	Prosperity Bancshares, Inc.		23
	4	Provident Bankshares Corp.		43
	6	Provident Financial Services, Inc.		92
	1	Radian Group, Inc.		4
	2	Republic Bancorp, Inc.		44
	—	Rockville Financial, Inc.		4
	3	S&T Bancorp, Inc.		89
	—	Sandy Spring Bancorp, Inc.		7
	4	Santander BanCorp		41
	2	Simmons First National Corp.		66
	2	Southside Bancshares, Inc.		58
	2	Southwest Bancorp		25
	1	Sterling Bancshares, Inc.		5
	3	Sterling Financial Corp.		26
	2	Suffolk Bancorp		49
	—	Sun Bancorp, Inc. (D)		2
	7	Susquehanna Bancshares, Inc.		108
	—	SVB Financial Group (D)		21
	42	Synovus Financial Corp.		429
	3	Towne Bank		66
	36	Trustco Bank Corp.		430
	1	Trustmark Corp.		23
	1	UMB Financial Corp.		36
	6	Umpqua Holdings Corp.		104
	1	United Bankshares, Inc.		24
	3	United Community Financial Corp.		14
	1	Univest Corp.		25
	3	WesBanco, Inc.		81
	2	Wilshire Bancorp, Inc.		26
	1	Wintrust Financial Corp.		36
	28	Zion Bancorp		1,048

				9,796

		Capital Goods — 7.2%
	1	A.O. Smith Corp.		39
	—	Actuant Corp. Class A		2
	17	AMETEK, Inc.		559
	2	Ampco-Pittsburgh Corp.		40
	6	Applied Industrial Technologies, Inc.		117
	3	Applied Signal Technology		54
	1	Arfon, Inc. (D)		10
	1	Baldor Electric Co.		23
	—	Beacon Roofing Supply, Inc. (D)		3
	1	Belden, Inc.		23
	—	Brady Corp. Class A		6
	3	Briggs & Stratton Corp.		43
	2	Ceradyne, Inc. (D)		47
	1	CIRCOR International, Inc.		31
	40	Clarcor, Inc.		1,419
	3	Columbus McKinnon Corp. (D)		36
	2	Commercial Vehicles Group, Inc. (D)		3
	1	Cubic Corp.		13
	1	Ducommun, Inc.		20
	7	EMCOR Group, Inc. (D)		116
	1	Encore Wire Corp.		13

The accompanying notes are an integral part of these financial statements.

230


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Capital Goods — (continued)
	1	Enersys (D)	$	7
	5	Enpro Industries, Inc. (D)		102
	3	Gibralter Industries, Inc.		38
	4	GrafTech International Ltd. (D)		32
	3	Granite Construction, Inc.		100
	1	H & E Equipment Services, Inc. (D)		8
	40	Hexcel Corp. (D)		521
	35	Huttig Building Products, Inc. (D)		39
	4	Insteel Industries, Inc.		40
	—	Integrated Electrical Services, Inc. (D)		2
	1	Interline Brands, Inc. (D)		12
	—	Kadant, Inc. (D)		2
	25	Lincoln Electric Holdings, Inc.		1,092
	10	Lydall, Inc. (D)		64
	2	Mueller Industries, Inc.		43
	6	Mueller Water Products, Inc.		42
	2	NCI Building Systems, Inc. (D)		37
	2	NN, Inc.		15
	—	Perini Corp. (D)		8
	40	Pike Electric Corp. (D)		347
	2	Quanex Building Products Corp.		19
	1	Regal-Beloit Corp.		36
	1	Robbins & Myers, Inc.		18
	1	Standex International		21
	2	Tecumseh Products Co. Class A (D)		39
	—	Thermadyne Holdings Corp. (D)		3
	5	Tredegar Corp.		72
	2	Twin Disc, Inc.		12
	5	Wabash National Corp.		30
	12	Watts Water Technologies, Inc.		320

				5,738

		Commercial & Professional Services — 8.6%
	75	ABM Industries, Inc.		1,217
	55	American Reprographics Co. LLC (D)		582
	4	Bowne & Co., Inc.		29
	1	Casella Waste Systems, Inc. (D)		4
	9	Comfort Systems USA, Inc.		85
	2	Consolidated Graphics, Inc. (D)		19
	2	Deluxe Corp.		26
	3	G & K Services, Inc. Class A		72
	3	Herman Miller, Inc.		62
	3	HNI Corp.		46
	8	Hudson Highland Group, Inc. (D)		40
	7	IKON Office Solutions, Inc.		115
	8	Kelly Services, Inc.		111
	—	Kforce, Inc. (D)		1
	1	Korn/Ferry International (D)		8
	1	M & F Worldwide Corp. (D)		14
	61	McGrath RentCorp		1,376
	1	MPS Group, Inc. (D)		10
	51	Navigant Consulting, Inc. (D)		825
	3	On Assignment, Inc. (D)		19
	26	Resources Connection, Inc. (D)		451
	20	School Specialty, Inc. (D)		422
	30	Schwak, Inc.		393
	18	Spherion Corp. (D)		58
	—	Standard Parking Corp. (D)		9
	1	Standard Register Co.		8
	18	United Stationers, Inc. (D)		645
	2	Viad Corp.		52
	—	Volt Information Sciences, Inc. (D)		1
	6	Waste Services, Inc. (D)		38
	2	Watson Wyatt Worldwide, Inc.		71

				6,809

		Consumer Durables & Apparel — 4.1%
	7	American Greetings Corp. Class A		81
	—	Beazer Homes USA, Inc.		—
	4	Blyth, Inc.		37
	3	Brunswick Corp.		9
	2	Callaway Golf Co.		21
	6	Carter’s, Inc. (D)		127
	4	Champion Enterprises, Inc. (D)		7
	35	Cherokee, Inc.		712
	2	CSS Industries, Inc.		33
	1	Ethan Allen Interiors, Inc.		25
	4	Furniture Brands International, Inc.		21
	2	Hooker Furniture Corp.		22
	2	Hovnanian Enterprises Class A (D)		10
	4	Jakks Pacific, Inc. (D)		81
	—	M/I Schottenstein Homes, Inc.		1
	2	Maidenform Brands, Inc. (D)		20
	1	Meritage Homes Corp. (D)		18
	1	Movado Group		11
	—	National Presto Industries, Inc.		13
	1	Oxford Industries		12
	3	Polaris Industries, Inc.		91
	20	RC2 Corp. (D)		257
	2	Ryland Group, Inc.		41
	2	Skechers U.S.A., Inc. Class A (D)		29
	90	Tempur-Pedic International, Inc.		702
	7	Timberland Co. Class A (D)		80
	14	Unifirst Corp.		434
	26	Volcom, Inc. (D)		330

				3,225

		Consumer Services — 3.2%
	3	AFC Enterprises, Inc. (D)		14
	1	Ameristar Casinos, Inc.		5
	3	Bob Evans Farms, Inc.		63
	1	CBRL Group, Inc.		14
	1	CEC Entertainment, Inc. (D)		31
	—	Churchill Downs, Inc.		15
	1	Great Wolf Resorts, Inc. (D)		1
	2	Jack in the Box, Inc. (D)		32
	4	Jackson Hewitt Tax Service, Inc.		61
	2	Marcus Corp.		22
	36	Matthews International Corp. Class A		1,620
	—	Monarch Casino & Resort, Inc. (D)		1
	5	O’ Charley’s, Inc.		34
	3	P. F. Chang’s China Bistro, Inc. (D)		55
	20	Papa John’s International, Inc. (D)		451
	—	Red Robin Gourmet Burgers, Inc. (D)		6
	6	Regis Corp.		70
	1	Ruby Tuesday, Inc. (D)		3
	10	Stewart Enterprises, Inc.		54

				2,552

		Diversified Financials — 3.4%
	14	Advance America Cash Advance Centers, Inc.		37
	5	Apollo Investment Corp.		69
	147	Ares Capital Corp.		1,154
	—	Asset Acceptance (D)		1
	3	BGC Partners, Inc.		12

The accompanying notes are an integral part of these financial statements.

231

The Hartford Select SmallCap Value Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Diversified Financials — (continued)
	1	Blackrock Kelso Capital Corp.	$	14
	1	Calamos Asset Management, Inc.		11
	2	Cash America International, Inc.		60
	4	Compass Diversified Holdings		54
	4	Encore Capital Group, Inc. (D)		35
	3	Evercore Partners, Inc.		30
	1	Fifth Street Finance Corp.		8
	34	Financial Federal Corp.		775
	3	Hercules Technology Growth		22
	8	Knight Capital Group, Inc. (D)		111
	1	Kohlberg Capital Corp.		3
	6	LaBranche & Co., Inc. (D)		39
	3	MCG Capital Corp.		3
	3	Nelnet, Inc.		50
	7	Newstar Financial, Inc. (D)		37
	4	NGP Capital Resources Co.		42
	2	PennantPark Investment Corp.		10
	1	PHH Corp. (D)		7
	2	Pico Holdings, Inc. (D)		58
	1	Stifel Financial (D)		57
	1	SWS Group, Inc.		10
	1	Westwood Holdings Group, Inc.		23

				2,732

		Energy — 3.7%
	1	Allis-Chalmers Energy, Inc. (D)		4
	2	Bill Barrett Corp. (D)		50
	1	Brigham Exploration Co. (D)		11
	3	Callon Petroleum Corp. (D)		26
	3	Complete Production Services, Inc. (D)		33
	41	Crosstex Energy, Inc.		416
	1	Gulfmark Offshore, Inc. (D)		37
	—	Harvest Natural Resources, Inc. (D)		3
	3	Hornbeck Offshore Services, Inc. (D)		59
	11	Meridian Resource Corp. (D)		13
	6	Newpark Resources, Inc. (D)		36
	10	Oceaneering International, Inc. (D)		282
	6	Parker Drilling Co. (D)		28
	1	PetroQuest Energy, Inc. (D)		5
	6	Pioneer Drilling Co. (D)		45
	24	Quicksilver Resources, Inc. (D)		246
	9	Rosetta Resources, Inc. (D)		95
	3	Stone Energy Corp. (D)		89
	3	Swift Energy Co. (D)		80
	45	TETRA Technologies, Inc. (D)		310
	1	Union Drilling, Inc. (D)		4
	2	Vaalco Energy, Inc. (D)		9
	49	World Fuel Services Corp.		1,059

				2,940

		Food & Staples Retailing — 0.5%
	2	Casey’s General Stores, Inc.		70
	3	Nash Finch Co.		126
	—	Pantry, Inc. (D)		5
	2	Ruddick Corp.		46
	1	Spartan Stores, Inc.		24
	1	Village Super Market, Inc.		39
	6	Winn-Dixie Stores, Inc. (D)		87

				397

		Food, Beverage & Tobacco — 2.3%
	1	Cal-Maine Foods, Inc.		41
	5	Chiquita Brands International, Inc. (D)		63
	1	Hain Celestial Group, Inc. (D)		12
	22	J&J Snack Foods Corp.		674
	14	Ralcorp Holdings, Inc. (D)		907
	1	TreeHouse Foods, Inc. (D)		35
	2	Universal Corp.		67

				1,799

		Health Care Equipment & Services — 8.9%
	25	Advanced Medical Optics, Inc. (D)		155
	—	Alliance Imaging, Inc. (D)		4
	3	Amerigroup Corp. (D)		64
	32	AMN Healthcare Services, Inc. (D)		283
	2	AmSurg Corp. (D)		52
	6	Centene Corp. (D)		109
	25	Chemed Corp.		1,086
	2	CONMED Corp. (D)		47
	11	Cooper Co., Inc.		181
	19	Emergency Medical Services (D)		624
	1	Five Star Quality Care, Inc. (D)		2
	—	Gentiva Health Services, Inc. (D)		3
	2	Greatbatch, Inc. (D)		39
	1	HealthSouth Corp. (D)		14
	2	Healthspring, Inc. (D)		40
	19	ICU Medical, Inc. (D)		593
	5	Invacare Corp.		95
	4	Kindred Healthcare, Inc. (D)		55
	20	Landauer, Inc.		1,060
	17	Magellan Health Services, Inc. (D)		628
	4	Molina Healthcare, Inc. (D)		78
	—	Odyssey HealthCare, Inc. (D)		4
	33	Owens & Minor, Inc.		1,406
	1	PharMerica Corp. (D)		12
	4	Rehabcare Group, Inc. (D)		74
	21	Young Innovations, Inc.		352

				7,060

		Household & Personal Products — 4.0%
	24	Chattem, Inc. (D)		1,786
	10	Prestige Brands Holdings, Inc. (D)		66
	47	WD40 Co.		1,359

				3,211

		Insurance — 4.0%
	11	AMBAC Financial Group, Inc.		30
	11	American Equity Investment Life Holding Co.		51
	2	American Physicians Capital, Inc.		61
	3	Amtrust Financial Services		33
	1	Argo Group International Holdings Ltd. (D)		48
	7	Aspen Insurance Holdings Ltd.		149
	4	Assured Guaranty Ltd.		49
	5	Employers Holdings, Inc.		57
	6	Flagstone Reinsurance Holdings		59
	—	FPIC Insurance Group, Inc. (D)		5
	—	Harleysville Group, Inc.		3
	49	Horace Mann Educators Corp.		384
	10	Infinity Property & Casualty Corp.		402
	5	IPC Holdings Ltd.		127
	1	Kansas City Life Insurance Co.		38
	1	Max Capital Group, Ltd.		8
	8	Montpelier Re Holdings Ltd.		117
	7	National Financial Partners Corp.		45

The accompanying notes are an integral part of these financial statements.

232


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Insurance — (continued)
	1	Navigators Group, Inc. (D)	$	56
	—	Odyssey Re Holdings Corp.		12
	9	Phoenix Cos.		58
	4	Platinum Underwriters Holdings Ltd.		121
	3	PMA Capital Corp. Class A (D)		14
	3	ProAssurance Corp. (D)		137
	1	RLI Corp.		35
	1	Safety Insurance Group, Inc.		46
	3	Seabright Insurance Holdings (D)		32
	41	Selective Insurance Group		961
	1	Validus Holdings Ltd.		20
	1	Zenith National Insurance Corp.		16

				3,174

		Materials — 3.4%
	33	Balchem Corp.		854
	9	Buckeye Technologies, Inc. (D)		52
	2	BWAY Holding Co. (D)		18
	60	Glatfelter		618
	4	H.B. Fuller Co.		73
	5	Headwaters, Inc. (D)		50
	11	Hecla Mining Co. (D)		27
	4	Hercules, Inc.		63
	2	Innophos Holdings, Inc.		56
	3	Kapstone Paper and Packaging (D)		16
	2	Minerals Technologies, Inc.		136
	23	Neenah Paper, Inc.		203
	9	Olin Corp.		154
	—	OM Group, Inc. (D)		8
	2	Rock Tenn Co. Class A		55
	4	Rockwood Holdings, Inc. (D)		53
	—	RTI International Metals, Inc. (D)		5
	3	Sensient Technologies Corp.		84
	—	Silgan Holdings, Inc.		6
	2	Spartech Corp.		10
	—	Stepan Co.		14
	3	Stillwater Mining Co. (D)		12
	1	Universal Stainless & Alloy Products (D)		18
	3	W.R. Grace & Co. (D)		31
	10	Worthington Industries, Inc.		117

				2,733

		Media — 0.6%
	7	A.H. Belo Corp. — Class A		23
	3	Belo Corp. Class A		7
	10	Central European Media Enterprises Ltd. (D)		267
	5	Crown Media Holdings, Inc. (D)		14
	1	Entercom Communications Corp.		1
	8	Idearc, Inc.		3
	5	Journal Communications, Inc.		11
	7	Knology, Inc. (D)		32
	1	Lin TV Corp. (D)		1
	12	Mediacom Communications Corp. (D)		52
	1	R.H. Donnelley Corp. (D)		1
	3	RCN Corp. (D)		22
	1	RHI Entertainment, Inc. (D)		15

				449

		Pharmaceuticals, Biotechnology & Life Sciences — 0.8%
	4	Affymetrix, Inc. (D)		14
	—	Albany Molecular Research, Inc. (D)		2
	6	Bio-Rad Laboratories, Inc. Class A (D)		469
	6	Emergent Biosolutions, Inc. (D)		103
	1	PharmaNet Development Group, Inc. (D)		2
	7	ViroPharma, Inc. (D)		83

				673

		Real Estate — 4.2%
	—	American Campus Communities, Inc.		10
	14	Anthracite Capital, Inc.		59
	12	Anworth Mortgage Asset Corp.		70
	14	Ashford Hospitality		23
	5	Associated Estates Realty		43
	2	Biomed Realty Trust, Inc.		24
	9	CapLease, Inc.		64
	4	Cedar Shopping Court		35
	1	Corporate Office Properties		19
	12	DCT Industrial Trust, Inc.		58
	13	Diamondrock Hospitality		68
	4	DuPont Fabros Technology, Inc.		26
	7	Education Realty Trust, Inc.		29
	33	Entertainment Properties Trust		1,221
	1	Extra Space Storage, Inc.		15
	6	Felcor Lodging Trust, Inc.		19
	4	First Industrial Realty Trust, Inc.		46
	5	First Potomac Realty Trust		55
	27	Friedman Billings Ramsey Group, Inc.		17
	3	Getty Realty Corp.		66
	8	Glimcher Realty Trust		44
	5	Gramercy Capital Corp.		13
	1	Healthcare Realty Trust, Inc.		33
	12	Hersha Hospitality Trust		49
	5	Highwoods Properties, Inc.		124
	2	JER Investors Trust, Inc.		5
	5	LaSalle Hotel Properties		73
	9	Lexington Realty Trust		70
	8	Medical Properties Trust, Inc.		58
	19	MFA Mortgage Investments, Inc.		105
	2	Mid-America Apartment Communities, Inc.		56
	1	National Health Investors, Inc.		18
	6	National Retail Properties, Inc.		109
	1	Newcastle Investment Corp.		3
	7	Northstar Realty Finance Corp.		37
	1	Omega Healthcare Investors		14
	1	Parkway Properties, Inc.		10
	6	Penn Real Estate Investment Trust		70
	—	Post Properties, Inc.		7
	—	Potlatch Corp.		7
	2	PS Business Parks, Inc.		68
	15	RAIT Financial Trust		57
	4	Realty Income Corp.		81
	1	Redwood Trust, Inc.		12
	11	Resource Capital Corp.		54
	4	Senior Housing Properties Trust		82
	14	Strategic Hotels & Resorts, Inc.		71
	8	Sunstone Hotel Investors, Inc.		49
	1	U-Store-It		7

				3,353

		Retailing — 2.2%
	3	Aaron Rents, Inc.		74
	25	Blockbuster, Inc. Class A (D)		38
	113	Borders Group, Inc.		383
	2	Brown Shoe Co., Inc.		16

The accompanying notes are an integral part of these financial statements.

233

The Hartford Select SmallCap Value Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Retailing — (continued)
	1	Build-A-Bear Workshop, Inc. (D)	$	6
	6	Cato Corp.		96
	2	Charlotte Russe Holding, Inc. (D)		14
	2	Charming Shoppes, Inc. (D)		2
	10	Chico’s FAS, Inc. (D)		35
	1	Children’s Place Retail Stores, Inc. (D)		37
	1	Collective Brands, Inc. (D)		14
	1	Conns, Inc. (D)		7
	6	Dress Barn, Inc. (D)		55
	1	Genesco, Inc. (D)		25
	25	Group 1 Automotive, Inc.		251
	11	Gymboree Corp. (D)		287
	6	Hot Topic, Inc. (D)		40
	3	Jo-Ann Stores, Inc. (D)		61
	1	JOS A. Bank Clothiers, Inc. (D)		15
	3	Men’s Wearhouse, Inc.		40
	1	Monroe Muffler, Inc.		11
	10	New York & Co., Inc. (D)		28
	1	Pep Boys-Manny Moe & Jack		2
	6	Rent-A-Center, Inc. (D)		89
	9	Retail Ventures I (D)		19
	2	Shoe Carnival, Inc. (D)		28
	1	Systemax, Inc.		10
	1	Tractor Supply Co. (D)		54

				1,737

		Semiconductors & Semiconductor Equipment — 1.5%
	6	Actel Corp. (D)		67
	12	Amkor Technology, Inc. (D)		49
	3	Brooks Automation, Inc. (D)		18
	2	Cymer, Inc. (D)		59
	99	Entegris, Inc. (D)		267
	1	LTX — Credence Corp. (D)		—
	5	MKS Instruments, Inc. (D)		93
	8	OmniVision Technologies, Inc. (D)		65
	1	Photronics, Inc. (D)		—
	4	RF Micro Devices, Inc. (D)		8
	35	Silicon Storage Technology, Inc. (D)		109
	5	Skyworks Solutions, Inc. (D)		32
	30	Spansion, Inc. (D)		19
	1	Standard Microsystems Corp. (D)		14
	2	TriQuint Semiconductor, Inc. (D)		10
	19	Varian Semiconductor Equipment Associates, Inc. (D)		363
	3	Zoran Corp. (D)		22

				1,195

		Software & Services — 7.2%
	14	Acxiom Corp.		112
	15	CACI International, Inc. Class A (D)		626
	—	CIBER, Inc. (D)		1
	23	Computer Services, Inc.		641
	5	CSG Systems International, Inc. (D)		76
	41	DealerTrack Holdings, Inc. (D)		435
	1	Fair Isaac, Inc.		12
	3	Global Cash Access, Inc. (D)		8
	4	Infospace, Inc.		34
	3	Internap Network Services Corp. (D)		9
	3	Interwoven, Inc. (D)		35
	6	JDA Software Group, Inc. (D)		79
	1	Kenexa Corp. (D)		5
	3	MAXIMUS, Inc.		96
	1	ModusLink Global Solutions, Inc. (D)		8
	50	MSC.Software Corp. (D)		430
	8	OpenTV Corp. (D)		11
	1	Parametric Technology Corp. (D)		17
	7	Perot Systems Corp. Class A (D)		99
	3	Progress Software Corp. (D)		67
	—	Quest Software, Inc. (D)		1
	14	Solera Holdings, Inc. (D)		348
	4	Sybase, Inc. (D)		119
	67	Syntel, Inc.		1,661
	20	Tibco Software, Inc. (D)		101
	96	Unisys Corp. (D)		146
	9	United Online, Inc.		66
	37	VeriFone Holdings, Inc. (D)		420
	1	Vignette Corp. (D)		6

				5,669

		Technology Hardware & Equipment — 3.8%
	1	Anaren Microwave, Inc. (D)		7
	3	Arris Group, Inc. (D)		21
	35	Avid Technology, Inc. (D)		519
	3	Avocent Corp. (D)		41
	12	Benchmark Electronics, Inc. (D)		140
	—	Black Box Corp.		8
	5	Checkpoint Systems, Inc. (D)		63
	3	Coherent, Inc. (D)		86
	3	CTS Corp.		21
	—	Digi International, Inc. (D)		5
	42	Electronics for Imaging, Inc. (D)		445
	8	Emulex Corp. (D)		73
	4	Foundry Networks, Inc. (D)		66
	3	Hutchinson Technology, Inc. (D)		21
	1	Hypercom Corp. (D)		2
	4	Imation Corp.		49
	6	Insight Enterprises, Inc. (D)		59
	49	Jabil Circuit, Inc.		412
	2	Measurement Specialties, Inc. (D)		18
	4	Methode Electronics, Inc.		32
	—	NETGEAR, Inc. (D)		2
	1	Park Electrochemical Corp.		13
	6	Plantronics, Inc.		88
	27	Plexus Corp. (D)		500
	1	Polycom, Inc. (D)		11
	1	Powerwave Technologies, Inc. (D)		1
	2	Quantum Corp. (D)		1
	5	Rackable Systems, Inc. (D)		36
	3	Rogers Corp. (D)		102
	58	Sanmina-Sci Corp. (D)		43
	2	Symmetricom, Inc. (D)		7
	4	Tekelec (D)		53
	6	TTM Technologies, Inc. (D)		46

				2,991

		Telecommunication Services — 1.3%
	4	Centennial Cellular Corp. Class A (D)		13
	27	Cincinnati Bell, Inc. (D)		64
	60	General Communication, Inc. Class A (D)		461
	1	ICO Global Communications Holdings Ltd. (D)		1
	21	iPCS, Inc. (D)		344
	4	Premiere Global Services, Inc. (D)		44
	—	Shenandoah Telecommunications Co.		5
	3	Syniverse Holdings, Inc. (D)		62

				994

The accompanying notes are an integral part of these financial statements.

234


					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Transportation — 4.3%
	3	Alaska Air Group, Inc. (D)			$	79
	2	Arkansas Best Corp.				61
	6	Celadon Group, Inc. (D)				59
	26	Forward Air Corp.				680
	1	Genesee & Wyoming, Inc. Class A (D)				17
	6	Hawaiian Holdings, Inc. (D)				39
	3	Heartland Express, Inc.				43
	11	JetBlue Airways Corp. (D)				63
	52	Landstar System, Inc.				1,968
	—	Old Dominion Freight Line, Inc. (D)				12
	6	Pacer International, Inc.				67
	3	Republic Airways Holdings, Inc. (D)				45
	3	Saia, Inc. (D)				34
	5	SkyWest, Inc.				76
	2	UAL Corp.				30
	7	US Airways Group, Inc. (D)				70
	5	Werner Enterprises, Inc.				92
	2	YRC Worldwide, Inc. (D)				9

						3,444

		Utilities — 2.4%
	8	Avista Corp.				161
	—	California Water Service Group				11
	—	Central Vermont Public Service Corp.				2
	1	CH Energy Group				29
	1	Chesapeake Utilities Corp.				37
	6	Cleco Corp.				138
	30	El Paso Electric Co. (D)				545
	1	IDACORP, Inc.				35
	1	Laclede Group, Inc.				74
	—	MGE Energy, Inc.				14
	—	Middlesex Water Co.				5
	3	Northwest Natural Gas Co.				178
	1	Piedmont Natural Gas				20
	8	Portland General Electric Co.				168
	—	South Jersey Industries, Inc.				10
	6	Southwest Gas Corp.				161
	2	UIL Holdings Corp.				76
	3	Westar Energy, Inc.				66
	5	WGL Holdings, Inc.				148

						1,878

		Total common stock (cost $102,652)			$	75,474



PREFERRED STOCK — 0.7%
		Diversified Financials — 0.7%
	—	East West Bancorp, Inc. (H)(X)			$	546

		Total preferred stock (cost $482)			$	546

		Total long-term investments (cost $103,134)			$	76,020



SHORT-TERM INVESTMENTS — 2.4%
		Investment Pools and Funds — 2.4%
	756	Federated Investors Prime Obligations Fund			$	756
	1,149	State Street Bank Money Market Fund				1,149

		Total short-term investments (cost $1,905)			$	1,905

		Total investments (cost $105,039) (C)	98.3	%	$	77,925
		Other assets and liabilities	1.7	%		1,362

		Total net assets	100.0	%	$	79,287


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 0.08% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $105,807 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	3,733
Unrealized Depreciation		(31,615	)

Net Unrealized Depreciation	$	(27,882	)


(D)		Currently non-income producing.

(X)		Convertible security.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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.


Acquired	Shares		Security	Basis
04/2008		—	East West Bancorp, Inc.	$	482


		The aggregate value of these securities at October 31, 2008 was $546 which represents 0.69% of total net assets.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

Russell 2000 Mini Futures

Long

Dec 2008

(153

)


		* The number of contracts does not omit 000’s.

		Cash of $78 was pledged as initial margin deposit for open futures contracts at October 31,2008.

(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.

235

The Hartford Short Duration Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 33.0%
		Finance — 33.0%
		American Express Credit Account Master Trust
$	32	5.06%, 02/15/2012 (H)(L)	$	30
		AmeriCredit Automobile Receivables Trust
	1,000	4.47%, 01/12/2012		954
	600	5.04%, 05/06/2011		564
	507	5.21%, 10/06/2011		496
	836	5.42%, 08/08/2011		804
		Banc of America Securities Automotive Trust
	1,500	4.49%, 02/18/2013 (H)		1,500
		Bayview Commercial Asset Trust
	383	4.26%, 01/25/2035 (H)(L)		252
	6,094	7.00%, 07/25/2037 (H)(?)		603
	11,275	7.18%, 01/25/2037 (H)(?)		919
	10,294	7.50%, 09/25/2037 (H)(?)		1,179
		Bayview Financial Acquisition Trust
	1,051	4.91%, 02/25/2033 (H)		981
	2,000	5.64%, 11/28/2036 (H)		1,353
		Bear Stearns Asset Backed Securities, Inc.
	661	5.16%, 09/25/2033 (H)		531
		Bear Stearns Commercial Mortgage Securities, Inc.
	21,142	4.12%, 11/11/2041 (H)(?)		386
	53,002	4.65%, 02/11/2041 (H)(?)		408
	106,363	6.25%, 12/11/2040 (H)(?)		333
		Capital Automotive Receivables Asset Trust
	800	5.55%, 01/18/2011 (H)		751
	200	5.77%, 05/20/2010 (H)		190
	225	6.15%, 04/20/2011 (H)		207
	1,000	6.35%, 03/17/2014 (H)		772
		Capital One Multi-Asset Execution Trust
	1,000	5.86%, 03/15/2013 (L)		950
		Capital One Prime Automotive Receivables Trust
	1,000	5.68%, 06/16/2014 (H)		849
		Carmax Automotive Owner Trust
	1,000	6.12%, 07/15/2013 (H)		884
		CBA Commercial Small Balance Commercial Mortgage
	39,284	7.00%, 07/25/2035 — 06/25/2038 (A)(H)(?)		2,330
	10,440	9.75%, 01/25/2039 (H)(?)		1,096
		Chase Commercial Mortgage Securities Corp.
	2,105	7.63%, 07/15/2032 (L)		2,099
		Citibank Credit Card Issuance Trust
	2,000	4.33%, 01/09/2012 (H)(L)		1,792
		Citicorp Residential Mortgage Securities
	100	6.27%, 06/25/2037 (L)		85
		CNH Equipment Trust
	750	4.93%, 12/17/2012 (H)		678
		Commercial Mortgage Pass-Through Certificates
	2,450	3.59%, 03/10/2039 (H)(?)		42
	1,500	5.01%, 12/15/2020 (H)(L)		1,343
		Countrywide Asset-Backed Certificates
	1,500	5.57%, 11/25/2035 (A)		600
	1,000	5.71%, 11/25/2035		253
		CS First Boston Mortgage Securities Corp.
	9,826	4.17%, 07/15/2036 (H)(?)		146
		DaimlerChrysler Automotive Trust
	800	4.48%, 08/08/2014		688
	800	5.14%, 09/08/2012 (H)		720
		Equity One ABS, Inc.
	31	5.76%, 07/25/2034 (H)(L)		3
		Ford Credit Automotive Owner Trust
	800	5.07%, 12/15/2010		782
	2,924	5.29%, 04/15/2011 (H)		2,778
	750	5.48%, 09/15/2011 (H)		693
	500	5.68%, 06/15/2012 (H)		398
	1,000	5.69%, 11/15/2012 (H)		828
		GE Capital Commercial Mortgage Corp.
	6,865	3.76%, 03/10/2040 (H)(?)		87
		GMAC Mortgage Corp. Loan Trust
	1,078	4.59%, 04/25/2033 (H)		787
	246	5.12%, 04/25/2033 (H)		131
	715	5.75%, 10/25/2036 (H)		575
		Goldman Sachs Automotive Loan Trust
	92	4.98%, 11/15/2013 (H)		92
		Goldman Sachs Mortgage Securities Corp. II
	2,000	4.32%, 10/10/2028		1,917
	16,673	4.38%, 08/10/2038 (H)(?)		106
		Green Tree Financial Corp.
	5	7.30%, 01/15/2026		5
		Hasco NIM Trust
	35	6.25%, 12/26/2035 (D)(H)		1
		Hertz Vehicle Financing LLC
	667	4.93%, 02/25/2010 (H)		660
		Home Equity Asset Trust
	400	5.76%, 07/25/2037 (H)(L)		8
		Hyundai Automotive Receivables Trust
	726	4.45%, 02/15/2012 (H)		711
		JP Morgan Chase Commercial Mortgage Securities Corp.
	2,000	3.84%, 01/12/2039		1,851
	11,463	4.65%, 10/15/2037 (H)(?)		132
	33,946	4.82%, 08/12/2037 (H)(?)		83
	1,181	5.31%, 02/15/2020 (A)(H)(L)		743
	1,085	5.34%, 05/12/2045		1,026
		LaSalle Commercial Mortgage Securities
	16,548	6.20%, 09/20/2043 (H)(?)		617
		LB-UBS Commercial Mortgage Trust
	153	3.63%, 10/15/2029		150
	1,533	4.25%, 12/15/2036 (H)(?)		25
		Lehman Brothers Small Balance Commercial
	1,014	6.77%, 09/27/2036 (A)(H)		939
		Long Beach Asset Holdings Corp.
	180	5.78%, 04/25/2046 (D)(H)		—
		Marlin Leasing Receivables LLC
	233	5.09%, 08/15/2012 (H)		231
	1,600	5.33%, 09/16/2013 (I)		1,528
	292	5.63%, 09/16/2013 (H)		269
		MBNA Credit Card Master Note Trust
	550	6.80%, 07/15/2014 (H)		435
		Merrill Lynch Mortgage Trust
	15,327	3.81%, 08/12/2039 (H)(?)		272
	17,382	3.96%, 10/12/2041 (H)(?)		321
	25,291	4.67%, 09/12/2042 (H)(?)		177
	1,828	5.53%, 05/12/2039 (L)		1,757
		Morgan Stanley Capital I
	69	3.96%, 06/15/2040		68
		Morgan Stanley Dean Witter Capital I
	97	5.38%, 01/15/2039		95
		Nationstar Home Equity Loan Trust
	14	9.97%, 03/25/2037 (H)(L)		—
		North Street Referenced Linked Notes
	1,000	4.16%, 07/30/2010 (A)(H)(L)		800
	500	4.52%, 07/30/2010 (H)(L)		275
		Ocwen Advance Receivables Backed Notes
	1,500	5.34%, 11/24/2015 (H)		1,200

The accompanying notes are an integral part of these financial statements.

236


Principal			Market
Amount			Value (W)

ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)

		Finance — (continued)
		Renaissance Home Equity Loan Trust
$	675	7.00%, 09/25/2037 (H)	$	74
	405	7.50%, 04/25/2037 (H)		21
	108	9.79%, 04/25/2037 (D)(H)		3
		Structured Asset Investment Loan Trust
	273	5.88%, 11/25/2033 (H)(L)		109
		Structured Asset Securities Corp.
	400	5.76%, 01/25/2037 (A)(H)(L)		22
	450	5.76%, 02/25/2037 (H)(L)		25
		Swift Master Automotive Receivables Trust
	1,000	6.01%, 10/15/2012 (H)(L)		828
		USAA Automotive Owner Trust
	1,560	4.16%, 04/16/2012		1,522
	860	5.07%, 06/15/2013		807
	1,000	5.66%, 03/15/2013 (H)		849
		Wachovia Automotive Loan Owner Trust
	1,700	5.42%, 04/21/2014 (H)		1,187
	1,000	5.54%, 12/20/2012 (H)		744
		Wachovia Bank Commercial Mortgage Trust
	90	3.48%, 08/15/2041		88
	4,847	3.65%, 02/15/2041 (H)(?)		84
		Washington Mutual Master Note Trust
	1,500	4.94%, 10/15/2013 (H)(L)		1,181
		Washington Mutual, Inc.
	17,379	7.00%, 11/23/2043 (H)(?)		608
		Wells Fargo Home Equity Trust
	1,900	3.56%, 04/25/2034 (L)		1,447
		WFS Financial Owner Trust
	1,091	4.76%, 05/17/2013 (H)		805

		Total asset & commercial mortgage backed securities (cost $72,790)	$	61,728



CERTIFICATES OF DEPOSIT — 1.0%
		Finance — 1.0%
		Bank of New York Co., Inc.
$	500	5.05%, 03/03/2009	$	503
		Comerica Bank
	1,350	4.16%, 08/07/2009 (L)		1,332

		Total certificates of deposit (cost $1,842)	$	1,835



CORPORATE BONDS: INVESTMENT GRADE — 52.0%
		Basic Materials — 1.7%
		Alcan, Inc.
$	750	6.45%, 03/15/2011	$	729
		Xstrata Finance Dubai Ltd.
	2,500	3.15%, 11/13/2009 (I)(L)		2,455

				3,184

		Capital Goods — 1.4%
		Deere & Co.
	534	7.85%, 05/15/2010		556
		Honeywell International, Inc.
	1,092	4.25%, 03/01/2013		1,004
		United Technologies Corp.
	987	6.10%, 05/15/2012		1,018

				2,578

		Consumer Cyclical — 2.0%
		DaimlerChrysler NA Holdings Corp.
	600	5.88%, 03/15/2011		490
		Kroger Co.
	750	7.25%, 06/01/2009		755
	750	8.05%, 02/01/2010		753
		SABMiller plc
	510	4.18%, 07/01/2009 (I)(L)		509
		Safeway, Inc.
	700	4.95%, 08/16/2010		691
	500	7.50%, 09/15/2009		501

				3,699

		Consumer Staples — 1.3%
		Clorox Co.
	1,000	6.13%, 02/01/2011		987
		Diageo Capital plc
	1,460	7.25%, 11/01/2009		1,482

				2,469

		Energy — 0.7%
		Enterprise Products Operating L.P.
	1,275	7.50%, 02/01/2011		1,260

		Finance — 30.6%
		Aetna, Inc.
	890	7.88%, 03/01/2011		882
		American Express Credit Corp.
	1,700	4.20%, 11/09/2009 (L)		1,545
		BAE Systems Holdings, Inc.
	1,000	6.40%, 12/15/2011 (I)		1,031
		Capital One Bank
	415	4.25%, 12/01/2008		413
		Capital One Financial Corp.
	1,000	3.10%, 09/10/2009 (L)		927
		Capmark Financial Group
	1,000	3.45%, 05/10/2010 (L)		401
		Caterpillar Financial Services Corp.
	900	2.90%, 08/20/2010 (L)		866
	1,000	4.15%, 01/15/2010		976
		CIT Group, Inc.
	750	2.93%, 08/17/2009 (L)		623
		Citicorp
	1,584	6.38%, 11/15/2008		1,585
		Countrywide Financial Corp.
	2,000	3.24%, 05/07/2012 (L)		1,700
	79	4.50%, 06/15/2010		74
	162	5.80%, 06/07/2012		151
		Countrywide Home Loans, Inc.
	98	4.00%, 03/22/2011		90
		Credit Suisse First Boston USA, Inc.
	2,000	4.13%, 01/15/2010		1,953
		Federal National Mortgage Association
	10,000	2.88%, 10/12/2010		9,965
		First Union National Bank Commercial Mortgage
	1,500	7.80%, 08/18/2010		1,467
		FleetBoston Financial Corp.
	1,500	7.38%, 12/01/2009		1,515
		General Electric Capital Corp.
	1,880	4.00%, 02/17/2009		1,866
	1,500	6.13%, 02/22/2011		1,485
		Goldman Sachs Group, Inc.
	1,270	2.89%, 11/16/2009 (L)		1,189
	200	3.29%, 12/23/2009 (L)		189
	800	3.81%, 03/30/2009 (L)		785
		HSBC Bank USA
	2,000	3.88%, 09/15/2009		1,959
		John Deere Capital Corp.
	600	4.93%, 10/16/2009 (L)		602

The accompanying notes are an integral part of these financial statements.

237

The Hartford Short Duration Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)

CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Finance — (continued)
		JP Morgan Chase & Co.
$	1,145	6.00%, 02/15/2009	$	1,141
	810	6.75%, 02/01/2011		804
		Key Bank NA
	250	2.94%, 11/03/2009 (L)		245
		Merrill Lynch & Co., Inc.
	720	2.89%, 12/04/2009 (L)		666
	2,000	3.31%, 03/23/2010 (L)		1,758
		Morgan Stanley
	375	2.90%, 05/07/2010 (L)		338
	1,100	2.91%, 02/09/2009 (L)		1,089
	1,200	4.22%, 05/07/2010 (L)		1,097
		National City Bank of Ohio
	500	4.50%, 03/15/2010		462
	1,000	4.53%, 01/21/2010 (L)		920
		National Westminster Bank
	1,130	7.38%, 10/01/2009		1,091
		Prudential Financial, Inc.
	1,000	5.10%, 12/14/2011		886
		Simon Property Group L.P.
	1,463	3.75%, 01/30/2009		1,445
		Sovereign Bancorp, Inc.
	2,000	3.44%, 03/23/2010 (L)		1,813
		SunTrust Banks, Inc.
	500	7.75%, 05/01/2010		514
		UnitedHealth Group, Inc.
	1,000	3.38%, 06/21/2010 (L)		924
	1,000	3.75%, 02/10/2009		995
		US Bank NA
	1,000	3.40%, 03/02/2009		996
		Wachovia Corp.
	2,000	5.63%, 12/15/2008 (L)		1,986
		Wellpoint, Inc.
	500	4.25%, 12/15/2009		491
	525	5.00%, 01/15/2011		518
		Wells Fargo & Co.
	2,673	7.55%, 06/21/2010		2,759

				57,177

		Health Care — 2.9%
		Cardinal Health, Inc.
	2,000	4.32%, 10/02/2009 (L)		1,972
		CVS Caremark Corp.
	2,685	3.11%, 06/01/2010 (L)		2,426
		Wyeth
	1,000	6.95%, 03/15/2011		1,023

				5,421

		Services — 3.1%
		Comcast Corp.
	1,490	5.12%, 07/14/2009 (L)		1,427
		Time Warner, Inc.
	2,520	3.03%, 11/13/2009 (L)		2,369
		Walt Disney Co.
	1,120	4.70%, 07/16/2010 (L)		1,084
		Waste Management, Inc.
	1,000	6.88%, 05/15/2009		1,007

				5,887

		Technology — 5.2%
		AT&T, Inc.
	684	4.13%, 09/15/2009		676
	1,000	5.88%, 02/01/2012		964
		Deutsche Telekom International Finance B.V.
	1,000	3.39%, 03/23/2009 (L)		988
	1,000	8.50%, 06/15/2010 (L)		985
		Embarq Corp.
	1,000	6.74%, 06/01/2013		870
		Lockheed Martin Corp.
	1,500	8.20%, 12/01/2009		1,554
		Oracle Corp.
	1,000	5.00%, 01/15/2011		992
		Raytheon Co.
	1,000	4.85%, 01/15/2011		971
		Telecom Italia Capital
	750	4.00%, 01/15/2010		676
		Vodafone Group plc
	1,000	7.75%, 02/15/2010		972

				9,648

		Transportation — 2.3%
		Canadian National Railway Co.
	1,379	4.25%, 08/01/2009		1,369
		Norfolk Southern Corp.
	1,500	6.20%, 04/15/2009		1,495
	365	8.63%, 05/15/2010		387
		Union Pacific Corp.
	500	6.65%, 01/15/2011		486
	540	7.38%, 09/15/2009		553

				4,290

		Utilities — 0.8%
		Ohio Power Co.
	1,500	4.39%, 04/05/2010 (L)		1,476

		Total corporate bonds: investment grade (cost $101,538)	$	97,089



U.S. GOVERNMENT AGENCIES — 6.2%
		Federal Home Loan Mortgage Corporation — 3.7%
		Remic — Pac’s:
$	6,839	6.00%, 2032	$	6,911

		Federal National Mortgage Association — 1.5%
		Remic — Pac’s:
	2,768	5.50%, 2014		2,804

		Government National Mortgage Association — 1.0%
		Remic — Pac’s:
	1,760	6.50%, 2031		1,799

		Total U.S. government agencies (cost $11,499)	$	11,514



U.S. GOVERNMENT SECURITIES — 5.9%
		U.S. Treasury Securities — 5.9%
		U.S. Treasury Notes:
$	11,000	2.00%, 2010	$	11,102

		Total U.S. government securities (cost $11,025)	$	11,102

		Total long-term investments (cost $198,694)	$	183,268



SHORT-TERM INVESTMENTS — 0.7%
		Repurchase Agreements — 0.7%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $673, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $685)
$	673	0.15% dated 10/31/2008	$	673

The accompanying notes are an integral part of these financial statements.

238


Principal					Market
Amount					Value (W)

SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $543, collateralized by U.S. Treasury Note 4.13%, 2012, value of $554)
$	543	0.10% dated 10/31/2008			$	543
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $109, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $111)
	109	0.08% dated 10/31/2008				109

		Total short-term investments (cost $1,325)			$	1,325

		Total investments (cost $200,019) (C)	98.8	%	$	184,593
		Other assets and liabilities	1.2	%		2,280

		Total net assets	100.0	%	$	186,873


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 6.02% of total net assets at October 31, 2008.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $200,031 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	1,628
Unrealized Depreciation		(17,066	)

Net Unrealized Depreciation	$	(15,438	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $5,434, which represents 2.91% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $5,523, which represents 2.96% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(?)		The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2008.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
06/2004	$	32	American Express Credit Account Master Trust, 5.06%, 02/15/2012 - 144A	$	32
06/2005		1,500	Banc of America Securities Automotive Trust, 4.49%, 02/18/2013		1,500
12/2004		383	Bayview Commercial Asset Trust, 4.26%, 01/25/2035 - 144A		383
05/2007		6,094	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A		872
12/2006		11,275	Bayview Commercial Asset Trust, 7.18%, 01/25/2037 - 144A		1,187
08/2007		10,294	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		1,423
11/2006		1,051	Bayview Financial Acquisition Trust, 4.91%, 02/25/2033 - 144A		1,034
11/2006		2,000	Bayview Financial Acquisition Trust, 5.64%, 11/28/2036		2,000
08/2006		661	Bear Stearns Asset Backed Securities, Inc., 5.16%, 09/25/2033		649
12/2004		21,142	Bear Stearns Commercial Mortgage Securities, Inc., 4.12%, 11/11/2041		407
03/2005 – 08/2007		53,002	Bear Stearns Commercial Mortgage Securities, Inc., 4.65%, 02/11/2041		436
12/2005		106,363	Bear Stearns Commercial Mortgage Securities, Inc., 6.25%, 12/11/2040 - 144A		408
02/2006		800	Capital Automotive Receivables Asset Trust, 5.55%, 01/18/2011		800
08/2006		200	Capital Automotive Receivables Asset Trust, 5.77%, 05/20/2010 - 144A		200
08/2006		225	Capital Automotive Receivables Asset Trust, 6.15%, 04/20/2011 - 144A		225
09/2007		1,000	Capital Automotive Receivables Asset Trust, 6.35%, 03/17/2014 - 144A		1,000
09/2007		1,000	Capital One Prime Automotive Receivables Trust, 5.68%, 06/16/2014		1,000
09/2007		1,000	Carmax Automotive Owner Trust, 6.12%, 07/15/2013		1,000
04/2006 – 08/2007		39,284	CBA Commercial Small Balance Commercial Mortgage, 7.00%, 07/25/2035 — 06/25/2038 - 144A		1,160
11/2006 – 08/2007		10,440	CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 - 144A		957
12/2006		2,000	Citibank Credit Card Issuance Trust, 4.33%, 01/09/2012		2,000
09/2005		750	CNH Equipment Trust, 4.93%, 12/17/2012		749
03/2004 – 08/2006		2,450	Commercial Mortgage Pass-Through Certificates, 3.59%, 03/10/2039 - 144A		44
10/2006		1,500	Commercial Mortgage Pass-Through Certificates, 5.01%, 12/15/2020 - 144A		1,500
08/2004 – 08/2006		9,826	CS First Boston Mortgage Securities Corp., 4.17%, 07/15/2036 - 144A		150

The accompanying notes are an integral part of these financial statements.

239

The Hartford Short Duration Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Period
Acquired	Par		Security	Cost Basis
02/2006	$	800	DaimlerChrysler Automotive Trust, 5.14%, 09/08/2012	$	800
07/2004		31	Equity One ABS, Inc., 5.76%, 07/25/2034		31
02/2006 – 05/2007		2,924	Ford Credit Automotive Owner Trust, 5.29%, 04/15/2011		2,925
02/2006		750	Ford Credit Automotive Owner Trust, 5.48%, 09/15/2011		750
08/2006		500	Ford Credit Automotive Owner Trust, 5.68%, 06/15/2012		500
10/2007		1,000	Ford Credit Automotive Owner Trust, 5.69%, 11/15/2012		1,000
04/2004		6,865	GE Capital Commercial Mortgage Corp., 3.76%, 03/10/2040 - 144A		87
10/2006		1,078	GMAC Mortgage Corp. Loan Trust, 4.59%, 04/25/2033		1,060
03/2007		246	GMAC Mortgage Corp. Loan Trust, 5.12%, 04/25/2033		244
09/2007		715	GMAC Mortgage Corp. Loan Trust, 5.75%, 10/25/2036		670
08/2005		92	Goldman Sachs Automotive Loan Trust, 4.98%, 11/15/2013		92
07/2004		16,673	Goldman Sachs Mortgage Securities Corp. II, 4.38%, 08/10/2038 - 144A		114
03/2006 – 09/2008		35	Hasco NIM Trust, 6.25%, 12/26/2035 - 144A		35
12/2005		667	Hertz Vehicle Financing LLC, 4.93%, 02/25/2010 - 144A		667
03/2007		400	Home Equity Asset Trust, 5.76%, 07/25/2037		392
06/2005		726	Hyundai Automotive Receivables Trust, 4.45%, 02/15/2012		726
03/2005		11,463	JP Morgan Chase Commercial Mortgage Securities Corp., 4.65%, 10/15/2037 - 144A		142
03/2005		33,946	JP Morgan Chase Commercial Mortgage Securities Corp., 4.82%, 08/12/2037		69
03/2006		1,181	JP Morgan Chase Commercial Mortgage Securities Corp., 5.31%, 02/15/2020 - 144A		1,180
12/2006 – 08/2007		16,548	LaSalle Commercial Mortgage Securities, 6.20%, 09/20/2043 - 144A		549
03/2003		1,533	LB-UBS Commercial Mortgage Trust, 4.25%, 12/15/2036 - 144A		12
09/2006 – 07/2007		1,014	Lehman Brothers Small Balance Commercial, 6.77%, 09/27/2036 - 144A		1,013
03/2006		180	Long Beach Asset Holdings Corp., 5.78%, 04/25/2046 - 144A		180
08/2005 – 12/2006		233	Marlin Leasing Receivables LLC, 5.09%, 08/15/2012 - 144A		233
09/2006		292	Marlin Leasing Receivables LLC, 5.63%, 09/16/2013 - 144A		292
08/2007		550	MBNA Credit Card Master Note Trust, 6.80%, 07/15/2014		556
09/2004		15,327	Merrill Lynch Mortgage Trust, 3.81%, 08/12/2039 - 144A		295
11/2004 – 08/2006		17,382	Merrill Lynch Mortgage Trust, 3.96%, 10/12/2041 - 144A		350
03/2005		25,291	Merrill Lynch Mortgage Trust, 4.67%, 09/12/2042		165
04/2007		14	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		14
10/2006 – 11/2006		1,000	North Street Referenced Linked Notes, 4.16%, 07/30/2010 - 144A		970
11/2006		500	North Street Referenced Linked Notes, 4.52%, 07/30/2010 - 144A		461
11/2006		1,500	Ocwen Advance Receivables Backed Notes, 5.34%, 11/24/2015 - 144A		1,500
08/2007		675	Renaissance Home Equity Loan Trust, 7.00%, 09/25/2037		480
03/2007		405	Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037		352
03/2007		108	Renaissance Home Equity Loan Trust, 9.79%, 04/25/2037 - 144A		108
06/2005		273	Structured Asset Investment Loan Trust, 5.88%, 11/25/2033		278
03/2007		850	Structured Asset Securities Corp., 5.76%, 01/25/2037 — 02/25/2037 - 144A		839
10/2007		1,000	Swift Master Automotive Receivables Trust, 6.01%, 10/15/2012		1,000
08/2006		1,000	USAA Automotive Owner Trust, 5.66%, 03/15/2013		1,000
09/2006		1,700	Wachovia Automotive Loan Owner Trust, 5.42%, 04/21/2014 - 144A		1,700
10/2006		1,000	Wachovia Automotive Loan Owner Trust, 5.54%, 12/20/2012 - 144A		1,000
02/2004		4,847	Wachovia Bank Commercial Mortgage Trust, 3.65%, 02/15/2041 - 144A		76
11/2006		1,500	Washington Mutual Master Note Trust, 4.94%, 10/15/2013 - 144A		1,500
11/2006		17,379	Washington Mutual, Inc., 7.00%, 11/23/2043 - 144A		776
07/2005 – 09/2007		1,091	WFS Financial Owner Trust, 4.76%, 05/17/2013		1,089


		The aggregate value of these securities at October 31, 2008 was $41,192 which represents 22.04% of total net assets. As a result of securities being reclassified from liquid to illiquid, the Fund exceeded its 15% illiquid security limitation (see Note 2k). Consequently, the Fund is temporarily restricted from purchasing additional illiquid securities.

(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.

240

The Hartford Small Company Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 96.9%
		Automobiles & Components — 0.3%
	50	Fuel Systems Solutions, Inc. (D)	$	1,414

		Banks — 1.1%
	57	Comerica, Inc.		1,582
	56	International Bancshares Corp.		1,448
	57	Signature Bank (D)		1,847
	18	SVB Financial Group (D)		948

				5,825

		Capital Goods — 8.7%
	25	Acuity Brands, Inc.		885
	302	Aecom Technology Corp. (D)		5,326
	39	AMETEK, Inc.		1,300
	40	Axsys Technologies, Inc. (D)		2,649
	59	Beacon Roofing Supply, Inc. (D)		811
	57	Chart Industries, Inc. (D)		772
	23	CIRCOR International, Inc.		696
	22	Clarcor, Inc.		789
	99	Cubic Corp.		2,196
	21	Curtis-Wright Corp.		764
	50	EMCOR Group, Inc. (D)		886
	26	Energy Conversion Devices, Inc. (D)		897
	23	ESCO Technologies, Inc. (D)		776
	20	Esterline Technologies Corp. (D)		738
	68	Flowserve Corp.		3,859
	78	Furmanite Corp. (D)		621
	30	Gorman Rupp Co.		956
	83	GrafTech International Ltd. (D)		677
	35	Graham Corp.		736
	110	GT Solar International, Inc. (D)		509
	21	Heico Corp.		813
	32	II-VI, Inc. (D)		906
	96	Insteel Industries, Inc.		987
	43	Manitowoc Co., Inc.		427
	31	Michael Baker Corp. (D)		739
	68	NN, Inc.		493
	25	Nordson Corp.		913
	68	Orbital Sciences Corp. (D)		1,391
	50	Perini Corp. (D)		954
	21	Raven Industries		678
	18	Sunpower Corp. Class B (D)		534
	91	Teledyne Technologies, Inc. (D)		4,145
	38	Thermadyne Holdings Corp. (D)		340
	62	Titan International, Inc.		713
	56	Titan Machinery, Inc. (D)		692
	33	TransDigm Group, Inc. (D)		991
	54	Trex Co., Inc. (D)		887
	43	Wabtec Corp.		1,692
	21	Watsco, Inc.		881
	36	Woodward Governor Co.		1,146

				47,165

		Commercial & Professional Services — 6.0%
	192	American Ecology Corp.		3,367
	70	Casella Waste Systems, Inc. (D)		352
	17	Clean Harbors, Inc. (D)		1,127
	26	CoStar Group, Inc. (D)		954
	227	Covanta Holding Corp. (D)		4,890
	50	Herman Miller, Inc.		1,100
	76	Knoll, Inc.		1,100
	47	Korn/Ferry International (D)		648
	123	Mobile Mini, Inc. (D)		2,071
	42	Navigant Consulting, Inc. (D)		682
	100	PRG-Schultz International (D)		423
	49	Resources Connection, Inc. (D)		855
	145	Sykes Enterprises, Inc. (D)		2,320
	237	Tetra Tech, Inc. (D)		5,222
	76	TrueBlue, Inc. (D)		636
	176	Waste Connections, Inc. (D)		5,963
	26	Watson Wyatt Worldwide, Inc.		1,085

				32,795

		Consumer Durables & Apparel — 3.6%
	332	Asics Corp.		2,081
	15	Deckers Outdoor Corp. (D)		1,270
	49	Fossil, Inc. (D)		881
	271	Jarden Corp. (D)		4,826
	31	Polaris Industries, Inc.		1,046
	38	Pool Corp.		653
	126	Snap-On, Inc.		4,640
	46	True Religion Apparel, Inc. (D)		766
	47	Tupperware Brands Corp.		1,188
	51	Warnaco Group, Inc. (D)		1,506
	40	Wolverine World Wide, Inc.		933

				19,790

		Consumer Services — 2.4%
	23	American Public Education, Inc. (D)		1,039
	32	Bally Technologies, Inc. (D)		704
	26	Buffalo Wild Wings, Inc. (D)		727
	80	Burger King Holdings, Inc.		1,594
	35	CEC Entertainment, Inc. (D)		904
	86	Corinthian Colleges, Inc. (D)		1,235
	40	ITT Educational Services, Inc. (D)		3,531
	23	Matthews International Corp. Class A		1,022
	35	P. F. Chang’s China Bistro, Inc. (D)		708
	123	Thinkorswim Group, Inc. (D)		988
	33	WMS Industries, Inc. (D)		833

				13,285

		Consumer Staples — 0.0%
	7	Quaker Chemical Corp.		132

		Diversified Financials — 2.0%
	25	Cash America International, Inc.		899
	51	Ezcorp, Inc. (D)		810
	15	Greenhill & Co., Inc.		1,004
	13	Heckmann Corp. (D)		100
	31	Interactive Brokers Group (D)		659
	60	Knight Capital Group, Inc. (D)		873
	444	Liberty Acquisition Holdings Corp. (D)		3,686
	63	MSCI, Inc. (D)		1,086
	67	optionsXpress Holdings, Inc.		1,192
	68	Pzena Investment Management, Inc.		299
	26	World Acceptance Corp. (D)		484

				11,092

		Energy — 7.3%
	95	Arena Resources, Inc. (D)		2,916
	54	ATP Oil & Gas Corp. (D)		649
	33	Berry Petroleum Co.		775
	75	Bolt Technology Corp. (D)		607
	71	Carbo Ceramics, Inc.		3,050

The accompanying notes are an integral part of these financial statements.

241

The Hartford Small Company Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Energy — (continued)
	15	Clayton Williams Energy, Inc. (D)	$	714
	32	Comstock Resources, Inc. (D)		1,598
	43	Concho Resources, Inc. (D)		911
	14	Contango Oil & Gas Co. (D)		753
	61	Crosstex Energy, Inc.		622
	606	Dockwise Ltd. (D)		541
	81	Dril-Quip, Inc. (D)		2,015
	67	Encore Acquisition Co. (D)		2,080
	141	Englobal Corp. (D)		621
	119	Forest Oil Corp. (D)		3,462
	183	Grey Wolf, Inc. (D)		1,173
	31	Gulf Island Fabrication		609
	116	Hercules Offshore, Inc. (D)		847
	98	ION Geophysical Corp. (D)		644
	38	James River Coal Co. (D)		723
	34	Knightsbridge Tankers Ltd. ADR		617
	16	Lufkin Industries, Inc.		826
	80	Matrix Service Co. (D)		983
	65	McMoRan Exploration Co. (D)		923
	33	NATCO Group, Inc. (D)		704
	160	Parker Drilling Co. (D)		821
	71	Penn Virginia Corp.		2,660
	52	RPC, Inc.		555
	93	St. Mary Land & Exploration Co.		2,322
	29	Stone Energy Corp. (D)		873
	32	T-3 Energy Services, Inc. (D)		769
	210	Vaalco Energy, Inc. (D)		1,113
	71	Willbros Group, Inc. (D)		1,094

				39,570

		Finance — 0.5%
	38	Arch Capital Group Ltd. (D)		2,643

		Food & Staples Retailing — 1.5%
	185	BJ’s Wholesale Club, Inc. (D)		6,525
	34	Spartan Stores, Inc.		907
	58	Winn-Dixie Stores, Inc. (D)		878

				8,310

		Food, Beverage & Tobacco — 2.0%
	33	Cal-Maine Foods, Inc.		960
	98	Darling International, Inc. (D)		739
	24	Diamond Foods, Inc.		707
	55	Flowers Foods, Inc.		1,628
	90	Ralcorp Holdings, Inc. (D)		6,058
	40	Vector Group Ltd.		681

				10,773

		Health Care Equipment & Services — 9.1%
	21	Almost Family, Inc. (D)		1,016
	27	Amedisys, Inc. (D)		1,531
	81	American Medical Systems Holdings (D)		876
	22	Athenahealth, Inc. (D)		680
	41	Catalyst Health Solutions (D)		693
	48	Centene Corp. (D)		907
	23	Computer Programs and Systems, Inc.		642
	56	Cross Country Healthcare, Inc. (D)		635
	78	CryoLife, Inc. (D)		1,046
	120	Cyberonics, Inc. (D)		1,523
	40	Eclipsys Corp. (D)		594
	22	Genoptix, Inc. (D)		721
	18	Haemonetics Corp. (D)		1,037
	76	Health Net, Inc. (D)		973
	412	HealthSouth Corp. (D)		5,168
	121	Healthspring, Inc. (D)		1,996
	43	I-Flow Corp. (D)		245
	57	Immucor, Inc. (D)		1,515
	27	Integra LifeSciences Holdings Corp. (D)		1,029
	40	Invacare Corp.		722
	25	LHC Group, Inc. (D)		867
	51	Masimo Corp. (D)		1,644
	32	NuVasive, Inc. (D)		1,493
	145	Owens & Minor, Inc.		6,287
	118	Psychiatric Solutions, Inc. (D)		3,921
	59	Sirona Dental Systems, Inc. (D)		939
	309	SSL International plc		2,088
	57	STERIS Corp.		1,957
	76	Thoratec Corp. (D)		1,871
	221	Volcano Corp. (D)		3,430
	21	West Pharmaceutical Services		838
	29	Wright Medical Group, Inc. (D)		673

				49,557

		Household & Personal Products — 0.3%
	129	American Oriental Bioengineering, Inc. (D)		785
	12	Chattem, Inc. (D)		912

				1,697

		Insurance — 1.5%
	145	Allied World Assurance Holdings Ltd.		4,634
	60	ProAssurance Corp. (D)		3,324

				7,958

		Materials — 3.7%
	54	Calgon Carbon Corp. (D)		713
	14	Compass Minerals Group, Inc.		756
	65	FMC Corp.		2,811
	71	Innophos Holdings, Inc.		1,895
	69	LSB Industries, Inc. (D)		564
	43	Olympic Steel, Inc.		984
	98	Pactiv Corp. (D)		2,313
	21	Rock Tenn Co. Class A		651
	136	Sealed Air Corp.		2,297
	18	Silgan Holdings, Inc.		857
	519	Solutia, Inc. (D)		5,002
	24	Universal Stainless & Alloy Products (D)		439
	31	Zep, Inc.		658

				19,940

		Media — 2.1%
	23	Focus Media Holding Ltd. ADR (D)		430
	179	Interactive Data Corp.		4,233
	205	Marvel Entertainment, Inc. (D)		6,605

				11,268

		Pharmaceuticals, Biotechnology & Life Sciences — 11.7%
	60	Albany Molecular Research, Inc. (D)		754
	67	Alexion Pharmaceuticals, Inc. (D)		2,740
	246	Alkermes, Inc. (D)		2,427
	43	Alpharma, Inc. Class A (D)		1,351
	158	Arena Pharmaceuticals, Inc. (D)		580
	84	Auxilium Pharmaceuticals, Inc. (D)		1,650
	16	Bio-Rad Laboratories, Inc. Class A (D)		1,341

The accompanying notes are an integral part of these financial statements.

242


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Pharmaceuticals, Biotechnology & Life Sciences — (continued)
	248	Celera Corp. (D)	$	2,804
	26	Cephalon, Inc. (D)		1,879
	68	Cepheid, Inc. (D)		812
	64	Charles River Laboratories International, Inc. (D)		2,295
	64	Cougar Biotechnology, Inc. (D)		1,613
	153	Cubist Pharmaceuticals, Inc. (D)		3,884
	89	CV Therapeutics, Inc. (D)		828
	41	Emergent Biosolutions, Inc. (D)		740
	153	Enzon, Inc. (D)		759
	114	eResearch Technology, Inc. (D)		734
	243	Human Genome Sciences, Inc. (D)		784
	137	Icon plc ADR (D)		3,480
	57	Isis Pharmaceuticals, Inc. (D)		798
	73	KV Pharmaceutical Co. (D)		1,234
	19	Life Sciences Research, Inc. (D)		359
	46	Luminex Corp. (D)		855
	42	Martek Biosciences Corp.		1,262
	142	Medicines Co. (D)		2,470
	93	Medicis Pharmaceutical Corp. Class A		1,323
	25	Myriad Genetics, Inc. (D)		1,564
	133	NPS Pharmaceuticals, Inc. (D)		930
	79	Obagi Medical Products, Inc. (D)		655
	51	Onyx Pharmaceuticals, Inc. (D)		1,389
	48	OSI Pharmaceuticals, Inc. (D)		1,809
	116	PDL Biopharma, Inc.		1,132
	118	Perrigo Co.		4,021
	167	Pharmaceutical Product Development, Inc.		5,159
	204	PharmaNet Development Group, Inc. (D)		327
	124	Questcor Pharmaceuticals (D)		961
	149	Regeneron Pharmaceuticals, Inc. (D)		2,887
	11	United Therapeutics Corp. (D)		959
	58	Valeant Pharmaceuticals International (D)		1,097
	127	VIVUS, Inc. (D)		775

				63,421

		Real Estate — 0.6%
	23	Equity Lifestyle Properties, Inc.		983
	27	Home Properties of New York, Inc.		1,087
	18	Tanger Factory Outlet Center		640
	23	Washington Real Estate Investment Trust		696

				3,406

		Retailing — 4.0%
	156	Advance Automotive Parts, Inc.		4,873
	61	Aeropostale, Inc. (D)		1,480
	117	Big Lots, Inc. (D)		2,850
	24	Blue Nile, Inc. (D)		726
	40	The Buckle, Inc.		1,047
	85	Dick’s Sporting Goods, Inc. (D)		1,295
	42	Dufry Group		864
	135	The Finish Line, Inc.		1,290
	221	Foot Locker, Inc.		3,227
	27	Gymboree Corp. (D)		706
	28	LKQ Corp. (D)		325
	36	Netflix, Inc. (D)		895
	48	PetMed Express, Inc. (D)		854
	26	Tractor Supply Co. (D)		1,069

				21,501

		Semiconductors & Semiconductor Equipment — 4.3%
	177	Amkor Technology, Inc. (D)		718
	206	Atheros Communications, Inc. (D)		3,715
	106	Cavium Networks, Inc. (D)		1,352
	204	Entegris, Inc. (D)		548
	26	Hittite Microwave Corp. (D)		849
	57	LDK Solar Co., Ltd. (D)		1,029
	231	Microsemi Corp. (D)		5,026
	579	ON Semiconductor Corp. (D)		2,959
	266	PMC — Sierra, Inc. (D)		1,245
	36	Power Integrations, Inc. (D)		760
	58	Semtech Corp. (D)		707
	623	Skyworks Solutions, Inc. (D)		4,440

				23,348

		Software & Services — 12.9%
	41	Advent Software, Inc. (D)		761
	426	Ariba, Inc. (D)		4,561
	89	AsiaInfo Holdings, Inc. (D)		979
	19	Autonomy Corp. plc (D)		304
	25	Blackboard, Inc. (D)		618
	117	CACI International, Inc. Class A (D)		4,827
	53	Concur Technologies, Inc. (D)		1,345
	20	Constant Contact, Inc. (D)		240
	48	CSG Systems International, Inc. (D)		791
	50	CyberSource Corp. (D)		607
	32	Digital River, Inc. (D)		794
	162	Earthlink, Inc. (D)		1,119
	47	Equinix, Inc. (D)		2,906
	80	Factset Research Systems, Inc.		3,115
	26	Forrester Research, Inc. (D)		718
	76	Gartner, Inc. Class A (D)		1,391
	61	Informatica Corp. (D)		853
	68	Infospace, Inc.		584
	46	Interwoven, Inc. (D)		574
	51	j2 Global Communications, Inc. (D)		829
	41	Jack Henry & Associates, Inc.		782
	52	JDA Software Group, Inc. (D)		744
	41	Manhattan Associates, Inc. (D)		683
	15	Mantech International Corp. Class A (D)		813
	131	McAfee, Inc. (D)		4,277
	51	Micros Systems (D)		869
	204	Net 1 UEPS Technologies, Inc. (D)		2,852
	223	Netease.com, Inc. (D)		5,009
	99	Netscout Systems, Inc. (D)		954
	104	Parametric Technology Corp. (D)		1,348
	26	Pegasystems, Inc.		344
	106	Phoenix Technologies Ltd. (D)		468
	20	Quality Systems		787
	239	Red Hat, Inc. (D)		3,177
	172	RightNow Technologies, Inc. (D)		1,132
	82	S1 Corp. (D)		513
	133	Sapient Corp. (D)		728
	260	Solera Holdings, Inc. (D)		6,457
	60	Sybase, Inc. (D)		1,587
	68	Symyx Technologies (D)		300
	30	Take-Two Interactive Software, Inc.		351
	48	Taleo Corp. Class A (D)		659
	53	Tyler Corp. (D)		720
	65	UbiSoft Entertainment S.A. (D)		3,461
	37	VistaPrint Ltd. (D)		627

The accompanying notes are an integral part of these financial statements.

243

The Hartford Small Company Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Software & Services — (continued)
	78	Websense, Inc. (D)	$	1,514
	132	Wind River Systems, Inc. (D)		1,157

				70,229

		Technology Hardware & Equipment — 4.9%
	55	ADTRAN, Inc.		830
	62	Cognex Corp.		1,001
	26	Comtech Telecommunications Corp. (D)		1,241
	46	Data Domain, Inc. (D)		847
	169	FLIR Systems, Inc. (D)		5,422
	61	Foundry Networks, Inc. (D)		900
	91	Harmonic, Inc. (D)		648
	80	Interdigital, Inc. (D)		1,740
	39	IPG Photonics Corp. (D)		548
	40	Itron, Inc. (D)		1,949
	248	Kingboard Chemical Holdings Ltd.		495
	20	MTS Systems Corp.		650
	93	NCR Corp. (D)		1,708
	66	Netezza Corp. (D)		640
	133	Nice Systems Ltd. (D)		2,975
	43	PC-Tel, Inc.		250
	54	Plexus Corp. (D)		1,004
	45	Polycom, Inc. (D)		943
	76	Starent Networks Corp. (D)		761
	43	Synaptics, Inc. (D)		1,338
	48	Tekelec (D)		605

				26,495

		Telecommunication Services — 3.0%
	214	Cellcom Israel Ltd.		6,316
	241	Centennial Cellular Corp. Class A (D)		859
	58	Iowa Telecommunications Services, Inc.		872
	322	Metropcs Communications, Inc. (D)		4,426
	42	NTELOS Holdings Corp.		1,082
	64	Premiere Global Services, Inc. (D)		633
	16	Shenandoah Telecommunications Co.		385
	44	Syniverse Holdings, Inc. (D)		829
	135	TW Telecom, Inc. (D)		958

				16,360

		Transportation — 3.1%
	170	Heartland Express, Inc.		2,608
	171	Hub Group, Inc. (D)		5,358
	84	J.B. Hunt Transport Services, Inc.		2,385
	92	Kansas City Southern (D)		2,832
	57	Knight Transportation, Inc.		906
	42	Landstar System, Inc.		1,610
	23	Old Dominion Freight Line, Inc. (D)		691
	58	Pacer International, Inc.		654

				17,044

		Utilities — 0.3%
	79	UGI Corp.		1,887

		Total common stock (cost $666,423)	$	526,905



EXCHANGE TRADED FUNDS — 1.0%
		Other Investment Pools and Funds — 1.0%
	102	iShares Russell 2000 Growth Index Fund	$	5,633

		Total exchange traded funds (cost $5,215)	$	5,633

		Total long-term investments (cost $671,638)	$	532,538



Principal
Amount

SHORT-TERM INVESTMENTS — 2.0%
		Repurchase Agreements — 1.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,791, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $2,857)
$	2,791	0.25% dated 10/31/2008	$	2,791
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,530, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $1,557)
	1,530	0.15% dated 10/31/2008		1,530
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $302, collateralized by FNMA 5.50%, 2037, value of $308)
	302	0.25% dated 10/31/2008		302
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $12, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $12)
	12	0.08% dated 10/31/2008		12
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,296, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $1,322)
	1,296	0.25% dated 10/31/2008		1,296
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,708, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $1,742)
	1,708	0.23% dated 10/31/2008		1,708
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,233, collateralized by U.S. Treasury Note 4.13%, 2012, value of $1,258)
	1,233	0.10% dated 10/31/2008		1,233

The accompanying notes are an integral part of these financial statements.

244


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $248, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $251)
$	248	0.08% dated 10/31/2008			$	248

						9,120



		U.S. Treasury Bills — 0.3%
	500	0.38%, 12/11/2008 (M)(S)				500
	1,150	0.61%, 01/15/2009 (M)(S)				1,149

						1,649

		Total short-term investments (cost $10,767)			$	10,769

		Total investments (cost $682,405) (C)	99.9	%	$	543,307
		Other assets and liabilities	0.1	%		334

		Total net assets	100.0	%	$	543,641


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 5.07% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $691,460 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	12,045
Unrealized Depreciation		(160,198	)

Net Unrealized Depreciation	$	(148,153	)


(D)		Currently non-income producing.

(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 October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

Russell 2000 Mini Futures

Long

Dec 2008

194


		* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

Euro (Buy)	$	46	$	47		11/04/08	$	(1	)
Euro (Buy)		662		662		11/05/08		—

							$	(1	)


(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.

245

The Hartford SmallCap Growth Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 96.2%
		Automobiles & Components — 0.4%
	26	Fuel Systems Solutions, Inc. (D)	$	715
	32	Tenneco Automotive, Inc. (D)		154

				869

		Banks — 0.1%
	3	SVB Financial Group (D)		167

		Capital Goods — 10.5%
	23	A.O. Smith Corp.		726
	38	Actuant Corp. Class A		681
	73	Acuity Brands, Inc.		2,570
	27	Applied Industrial Technologies, Inc.		549
	13	Axsys Technologies, Inc. (D)		852
	11	Beacon Roofing Supply, Inc. (D)		145
	27	Belden, Inc.		559
	13	Bucyrus International, Inc.		321
	46	Ceradyne, Inc. (D)		1,090
	36	Chart Industries, Inc. (D)		497
	4	CIRCOR International, Inc.		121
	4	Clarcor, Inc.		141
	18	Columbus McKinnon Corp. (D)		253
	4	Curtis-Wright Corp.		135
	9	EMCOR Group, Inc. (D)		156
	5	Energy Conversion Devices, Inc. (D)		158
	4	ESCO Technologies, Inc. (D)		135
	66	Esterline Technologies Corp. (D)		2,377
	13	Furmanite Corp. (D)		103
	5	Gorman Rupp Co.		162
	26	Graco, Inc.		631
	68	GrafTech International Ltd. (D)		551
	26	Graham Corp.		536
	19	GT Solar International, Inc. (D)		89
	4	Heico Corp.		141
	5	II-VI, Inc. (D)		150
	17	Insteel Industries, Inc.		173
	22	Lennox International, Inc.		653
	10	Lindsay Corp.		452
	5	Michael Baker Corp. (D)		129
	12	NN, Inc.		85
	4	Nordson Corp.		157
	12	Orbital Sciences Corp. (D)		238
	32	Perini Corp. (D)		602
	12	Powell Industries, Inc. (D)		213
	4	Raven Industries		118
	56	Robbins & Myers, Inc.		1,146
	34	Sun Hydraulics Corp.		703
	31	Teledyne Technologies, Inc. (D)		1,408
	6	Thermadyne Holdings Corp. (D)		59
	27	Titan International, Inc.		318
	10	Titan Machinery, Inc. (D)		120
	6	TransDigm Group, Inc. (D)		172
	9	Trex Co., Inc. (D)		154
	8	Triumph Group, Inc.		346
	7	Wabtec Corp.		287
	4	Watsco, Inc.		155
	6	Woodward Governor Co.		199

				21,716

		Commercial & Professional Services — 4.2%
	7	American Ecology Corp.		122
	11	Casella Waste Systems, Inc. (D)		57
	3	Clean Harbors, Inc. (D)		198
	30	Comsys IT Partners, Inc. (D)		181
	17	Consolidated Graphics, Inc. (D)		225
	5	CoStar Group, Inc. (D)		165
	9	Herman Miller, Inc.		193
	13	Knoll, Inc.		188
	8	Korn/Ferry International (D)		114
	70	Manpower, Inc.		2,179
	7	Navigant Consulting, Inc. (D)		120
	29	PeopleSupport, Inc. (A)(D)		349
	21	PRG-Schultz International (D)		87
	9	Resources Connection, Inc. (D)		151
	44	Steelcase, Inc.		405
	9	Tetra Tech, Inc. (D)		209
	13	TrueBlue, Inc. (D)		104
	9	Waste Connections, Inc. (D)		294
	82	Watson Wyatt Worldwide, Inc.		3,457

				8,798

		Consumer Durables & Apparel — 2.8%
	3	Deckers Outdoor Corp. (D)		213
	8	Fossil, Inc. (D)		145
	61	Jakks Pacific, Inc. (D)		1,362
	82	Liz Claiborne, Inc.		664
	5	Polaris Industries, Inc.		176
	30	Skechers U.S.A., Inc. Class A (D)		407
	7	True Religion Apparel, Inc. (D)		126
	42	Tupperware Brands Corp.		1,061
	47	Warnaco Group, Inc. (D)		1,403
	7	Wolverine World Wide, Inc.		156

				5,713

		Consumer Services — 4.8%
	4	American Public Education, Inc. (D)		182
	5	Bally Technologies, Inc. (D)		122
	4	Buffalo Wild Wings, Inc. (D)		122
	7	CEC Entertainment, Inc. (D)		172
	15	Corinthian Colleges, Inc. (D)		216
	24	CPI Corp.		177
	14	DeVry, Inc.		794
	28	ITT Educational Services, Inc. (D)		2,475
	4	Matthews International Corp. Class A		179
	6	P. F. Chang’s China Bistro, Inc. (D)		124
	20	Pre-Paid Legal Services, Inc. (D)		802
	5	Strayer Education, Inc.		1,041
	75	Thinkorswim Group, Inc. (D)		599
	121	WMS Industries, Inc. (D)		3,023

				10,028

		Diversified Financials — 0.8%
	4	Cash America International, Inc.		154
	8	Ezcorp, Inc. (D)		134
	3	Greenhill & Co., Inc.		177
	5	Interactive Brokers Group (D)		115
	11	Knight Capital Group, Inc. (D)		153
	12	optionsXpress Holdings, Inc.		209
	12	Pzena Investment Management, Inc.		52
	34	Waddell and Reed Financial, Inc. Class A		495
	5	World Acceptance Corp. (D)		85

				1,574

		Energy — 9.1%
	4	Arena Resources, Inc. (D)		121
	144	ATP Oil & Gas Corp. (D)		1,736
	85	Aventine Renewable Energy Holdings, Inc. (D)		165

The accompanying notes are an integral part of these financial statements.

246


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Energy — (continued)
	30	Berry Petroleum Co.	$	686
	13	Bolt Technology Corp. (D)		106
	4	Carbo Ceramics, Inc.		157
	3	Clayton Williams Energy, Inc. (D)		126
	137	Complete Production Services, Inc. (D)		1,694
	60	Comstock Resources, Inc. (D)		2,925
	7	Concho Resources, Inc. (D)		158
	2	Contango Oil & Gas Co. (D)		131
	11	Crosstex Energy, Inc.		109
	43	CVR Energy, Inc. (D)		169
	5	Dril-Quip, Inc. (D)		112
	24	Englobal Corp. (D)		106
	200	Gran Tierra Energy Corp. (D)		506
	32	Grey Wolf, Inc. (D)		205
	5	Gulf Island Fabrication		104
	17	ION Geophysical Corp. (D)		113
	7	James River Coal Co. (D)		127
	6	Knightsbridge Tankers Ltd. ADR		109
	3	Lufkin Industries, Inc.		147
	14	Matrix Service Co. (D)		172
	81	McMoRan Exploration Co. (D)		1,154
	6	NATCO Group, Inc. (D)		123
	13	Overseas Shipholding Group, Inc.		492
	27	Parker Drilling Co. (D)		139
	5	Penn Virginia Corp.		178
	117	Pioneer Drilling Co. (D)		905
	9	RPC, Inc.		97
	75	St. Mary Land & Exploration Co.		1,864
	5	Stone Energy Corp. (D)		152
	25	Swift Energy Co. (D)		796
	6	T-3 Energy Services, Inc. (D)		139
	33	Trico Marine Services, Inc. (D)		298
	52	Union Drilling, Inc. (D)		282
	206	Vaalco Energy, Inc. (D)		1,094
	49	W&T Offshore, Inc.		930
	12	Willbros Group, Inc. (D)		191

				18,818

		Food & Staples Retailing — 1.0%
	47	BJ’s Wholesale Club, Inc. (D)		1,669
	6	Spartan Stores, Inc.		158
	10	Winn-Dixie Stores, Inc. (D)		154

				1,981

		Food, Beverage & Tobacco — 1.3%
	47	Agfeed Industries, Inc. (D)		205
	5	Cal-Maine Foods, Inc.		159
	121	Darling International, Inc. (D)		911
	4	Diamond Foods, Inc.		122
	37	Flowers Foods, Inc.		1,109
	2	Ralcorp Holdings, Inc. (D)		113
	7	Vector Group Ltd.		119

				2,738

		Health Care Equipment & Services — 10.1%
	4	Almost Family, Inc. (D)		176
	5	Amedisys, Inc. (D)		268
	14	American Medical Systems Holdings (D)		157
	4	Athenahealth, Inc. (D)		118
	7	Catalyst Health Solutions (D)		122
	9	Centene Corp. (D)		161
	4	Computer Programs and Systems, Inc.		110
	41	Corvel (D)		1,091
	9	Cross Country Healthcare, Inc. (D)		107
	13	CryoLife, Inc. (D)		180
	21	Cyberonics, Inc. (D)		264
	27	Cynosure, Inc. Class A (D)		236
	7	Eclipsys Corp. (D)		105
	4	Genoptix, Inc. (D)		125
	3	Haemonetics Corp. (D)		183
	42	Hanger Orthopedic Group, Inc. (D)		691
	126	Healthspring, Inc. (D)		2,081
	8	I-Flow Corp. (D)		44
	10	Immucor, Inc. (D)		261
	5	Integra LifeSciences Holdings Corp. (D)		172
	84	Invacare Corp.		1,532
	14	Kensey Nash Corp. (D)		343
	4	LHC Group, Inc. (D)		151
	124	LifePoint Hospitals, Inc. (D)		2,972
	9	Masimo Corp. (D)		287
	43	Merit Medical Systems, Inc. (D)		780
	5	NuVasive, Inc. (D)		259
	53	Owens & Minor, Inc.		2,251
	35	PharMerica Corp. (D)		710
	7	Psychiatric Solutions, Inc. (D)		235
	10	Sirona Dental Systems, Inc. (D)		157
	80	STERIS Corp.		2,706
	48	Symmetry Medical, Inc. (D)		617
	13	Thoratec Corp. (D)		323
	42	Vnus Medical Technologies (D)		645
	4	West Pharmaceutical Services		148
	5	Wright Medical Group, Inc. (D)		110

				20,878

		Household & Personal Products — 1.5%
	159	American Oriental Bioengineering, Inc. (D)		976
	2	Chattem, Inc. (D)		159
	158	Nu Skin Enterprises, Inc. Class A		2,032

				3,167

		Insurance — 1.6%
	43	Allied World Assurance Holdings Ltd.		1,382
	113	Amerisafe, Inc. (D)		1,955

				3,337

		Materials — 1.5%
	9	Calgon Carbon Corp. (D)		125
	2	Compass Minerals Group, Inc.		133
	52	Headwaters, Inc. (D)		554
	12	Innophos Holdings, Inc.		332
	12	LSB Industries, Inc. (D)		98
	7	Olympic Steel, Inc.		171
	31	OM Group, Inc. (D)		666
	4	Rock Tenn Co. Class A		119
	3	Silgan Holdings, Inc.		146
	26	Terra Industries, Inc.		561
	4	Universal Stainless & Alloy Products (D)		76
	5	Zep, Inc.		113

				3,094

		Media — 0.4%
	18	Arbitron, Inc.		596
	5	Interactive Data Corp.		126
	6	Marvel Entertainment, Inc. (D)		208

				930

The accompanying notes are an integral part of these financial statements.

247

The Hartford SmallCap Growth Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

COMMON STOCK — (continued)
		Pharmaceuticals, Biotechnology & Life Sciences — 14.9%
	110	Acadia Pharmaceuticals, Inc. (D)	$	209
	10	Albany Molecular Research, Inc. (D)		132
	6	Alexion Pharmaceuticals, Inc. (D)		263
	240	Alkermes, Inc. (D)		2,368
	8	Alpharma, Inc. Class A (D)		246
	207	Arena Pharmaceuticals, Inc. (D)		761
	12	Bio-Rad Laboratories, Inc. Class A (D)		977
	50	Bruker Corp. (D)		205
	145	Celera Corp. (D)		1,635
	12	Cepheid, Inc. (D)		142
	9	Cubist Pharmaceuticals, Inc. (D)		223
	229	CV Therapeutics, Inc. (D)		2,141
	193	Cytokinetics, Inc. (D)		550
	7	Emergent Biosolutions, Inc. (D)		122
	27	Enzon, Inc. (D)		133
	19	eResearch Technology, Inc. (D)		123
	345	Human Genome Sciences, Inc. (D)		1,113
	35	InterMune, Inc. (D)		517
	10	Isis Pharmaceuticals, Inc. (D)		139
	45	Kendle International, Inc. (D)		811
	13	KV Pharmaceutical Co. (D)		214
	3	Life Sciences Research, Inc. (D)		56
	8	Luminex Corp. (D)		149
	7	Martek Biosciences Corp.		220
	64	Medicines Co. (D)		1,117
	16	Medicis Pharmaceutical Corp. Class A		232
	4	Myriad Genetics, Inc. (D)		252
	166	NPS Pharmaceuticals, Inc. (D)		1,162
	13	Obagi Medical Products, Inc. (D)		112
	30	Onyx Pharmaceuticals, Inc. (D)		815
	8	OSI Pharmaceuticals, Inc. (D)		309
	20	PDL Biopharma, Inc.		194
	58	PerkinElmer, Inc.		1,035
	69	Perrigo Co.		2,332
	35	PharmaNet Development Group, Inc. (D)		56
	48	Pharmasset, Inc. (D)		865
	46	Progenics Pharmaceuticals, Inc. (D)		460
	21	Questcor Pharmaceuticals (D)		164
	136	Regeneron Pharmaceuticals, Inc. (D)		2,622
	121	Rigel Pharmaceuticals, Inc. (D)		1,054
	168	Salix Pharmaceuticals Ltd. (D)		1,547
	37	Theravance, Inc. (D)		251
	2	United Therapeutics Corp. (D)		167
	10	Valeant Pharmaceuticals International (D)		191
	38	Vertex Pharmaceuticals, Inc. (D)		983
	23	VIVUS, Inc. (D)		138
	25	Watson Pharmaceuticals, Inc. (D)		657
	15	Xenoport, Inc. (D)		633

				30,797

		Real Estate — 0.9%
	1	Alexander’s, Inc.		437
	65	Anworth Mortgage Asset Corp.		378
	4	Equity Lifestyle Properties, Inc.		165
	15	Home Properties of New York, Inc.		597
	3	Tanger Factory Outlet Center		114
	4	Washington Real Estate Investment Trust		114

				1,805

		Retailing — 3.5%
	79	Aeropostale, Inc. (D)		1,909
	29	Big Lots, Inc. (D)		696
	4	Blue Nile, Inc. (D)		125
	7	The Buckle, Inc.		179
	29	Charlotte Russe Holding, Inc. (D)		242
	22	Citi Trends, Inc. (D)		368
	23	The Finish Line, Inc.		224
	5	Gymboree Corp. (D)		123
	85	Hot Topic, Inc. (D)		549
	40	Netflix, Inc. (D)		992
	36	Nutri/System, Inc.		509
	8	PetMed Express, Inc. (D)		148
	4	Tractor Supply Co. (D)		185
	323	Wet Seal, Inc. Class A (D)		948

				7,197

		Semiconductors & Semiconductor Equipment — 5.0%
	58	Advanced Energy Industries, Inc. (D)		616
	31	Amkor Technology, Inc. (D)		125
	103	Applied Micro Circuits Corp. (D)		528
	56	Atheros Communications, Inc. (D)		1,002
	36	Entegris, Inc. (D)		96
	5	Hittite Microwave Corp. (D)		148
	12	Microsemi Corp. (D)		256
	34	MKS Instruments, Inc. (D)		623
	159	ON Semiconductor Corp. (D)		813
	44	PMC - Sierra, Inc. (D)		206
	6	Power Integrations, Inc. (D)		132
	10	Semtech Corp. (D)		124
	130	Silicon Image, Inc. (D)		595
	416	Skyworks Solutions, Inc. (D)		2,966
	234	TriQuint Semiconductor, Inc. (D)		1,050
	68	Ultra Clean Holdings, Inc. (D)		205
	24	Varian Semiconductor Equipment Associates, Inc. (D)		471
	35	Volterra Semiconductor Corp. (D)		329

				10,285

		Software & Services — 11.5%
	7	Advent Software, Inc. (D)		132
	58	Ansys, Inc. (D)		1,652
	66	AsiaInfo Holdings, Inc. (D)		733
	4	Blackboard, Inc. (D)		108
	9	Concur Technologies, Inc. (D)		229
	74	CSG Systems International, Inc. (D)		1,235
	9	CyberSource Corp. (D)		106
	6	Digital River, Inc. (D)		141
	81	Earthlink, Inc. (D)		560
	10	Factset Research Systems, Inc.		372
	4	Forrester Research, Inc. (D)		126
	12	Gartner, Inc. Class A (D)		229
	11	Informatica Corp. (D)		149
	96	Infospace, Inc.		824
	8	Interwoven, Inc. (D)		100
	72	j2 Global Communications, Inc. (D)		1,154
	7	Jack Henry & Associates, Inc.		137
	37	JDA Software Group, Inc. (D)		530
	52	Kenexa Corp. (D)		462
	7	Manhattan Associates, Inc. (D)		114
	28	Mantech International Corp. Class A (D)		1,491
	9	Micros Systems (D)		151
	67	ModusLink Global Solutions, Inc. (D)		370
	81	Net 1 UEPS Technologies, Inc. (D)		1,135
	18	Netscout Systems, Inc. (D)		170
	145	Parametric Technology Corp. (D)		1,885

The accompanying notes are an integral part of these financial statements.

248


			Market
Shares			Value (W)

COMMON STOCK — (continued)

		Software & Services — (continued)
	5	Pegasystems, Inc.	$	60
	18	Phoenix Technologies Ltd. (D)		81
	3	Quality Systems		129
	36	Radiant Systems, Inc. (D)		190
	14	S1 Corp. (D)		88
	290	Sapient Corp. (D)		1,594
	17	Sohu.com, Inc. (D)		934
	56	Solera Holdings, Inc. (D)		1,417
	62	Sybase, Inc. (D)		1,669
	12	Symyx Technologies (D)		52
	40	Take-Two Interactive Software, Inc.		472
	9	Taleo Corp. Class A (D)		119
	66	TeleCommunication Systems, Inc. Class A (D)		453
	9	Tyler Corp. (D)		124
	113	United Online, Inc.		835
	6	VistaPrint Ltd. (D)		107
	13	Websense, Inc. (D)		257
	109	Wind River Systems, Inc. (D)		956

				23,832

		Technology Hardware & Equipment — 5.2%
	10	ADTRAN, Inc.		145
	60	Arris Group, Inc. (D)		416
	58	Avocent Corp. (D)		871
	68	Benchmark Electronics, Inc. (D)		819
	11	Cognex Corp.		177
	4	Comtech Telecommunications Corp. (D)		216
	8	Data Domain, Inc. (D)		149
	184	Emulex Corp. (D)		1,751
	92	Extreme Networks, Inc. (D)		169
	10	Foundry Networks, Inc. (D)		152
	16	Harmonic, Inc. (D)		113
	47	Ingram Micro, Inc. (D)		631
	14	Interdigital, Inc. (D)		305
	7	IPG Photonics Corp. (D)		96
	3	MTS Systems Corp.		108
	36	Multi-Fineline Electronix, Inc. (D)		422
	11	Netezza Corp. (D)		110
	7	PC-Tel, Inc.		44
	40	Plexus Corp. (D)		738
	8	Polycom, Inc. (D)		166
	72	QLogic Corp. (D)		869
	93	Starent Networks Corp. (D)		934
	8	Synaptics, Inc. (D)		233
	8	Tekelec (D)		107
	67	TTM Technologies, Inc. (D)		481
	130	Vishay Intertechnology, Inc. (D)		560

				10,782

		Telecommunication Services — 1.8%
	48	Atlantic Tele-Network, Inc.		1,178
	39	Centennial Cellular Corp. Class A (D)		139
	10	Iowa Telecommunications Services, Inc.		153
	34	NTELOS Holdings Corp.		876
	11	Premiere Global Services, Inc. (D)		110
	3	Shenandoah Telecommunications Co.		68
	34	Syniverse Holdings, Inc. (D)		640
	72	TW Telecom, Inc. (D)		508

				3,672

		Transportation — 2.9%
	8	Heartland Express, Inc.		128
	78	Hub Group, Inc. (D)		2,457
	10	Knight Transportation, Inc.		158
	37	Landstar System, Inc.		1,409
	4	Old Dominion Freight Line, Inc. (D)		121
	10	Pacer International, Inc.		111
	78	Werner Enterprises, Inc.		1,538

				5,922

		Utilities — 0.4%
	28	UniSource Energy Corp.		778

		Total common stock (cost $265,742)	$	198,878



Principal
Amount

SHORT-TERM INVESTMENTS — 3.3%
		Repurchase Agreements — 3.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,494, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $2,553)
$	2,494	0.25% dated 10/31/2008	$	2,494
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $488, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $496)
	488	0.15% dated 10/31/2008		488
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $270, collateralized by FNMA 5.50%, 2037, value of $276)
	270	0.25% dated 10/31/2008		270
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $11, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $11)
	11	0.08% dated 10/31/2008		11
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,158, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $1,181)
	1,158	0.25% dated 10/31/2008		1,158
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,526, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $1,557)
	1,526	0.23% dated 10/31/2008		1,526
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $393, collateralized by U.S. Treasury Note 4.13%, 2012, value of $401)
	393	0.10% dated 10/31/2008		393

The accompanying notes are an integral part of these financial statements.

249

The Hartford SmallCap Growth Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $79, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $80)
$	79	0.08% dated 10/31/2008			$	79

						6,419



Shares

		Securities Purchased with Proceeds from Security Lending — 0.0%
		Cash Collateral Reinvestment Fund:
	56	Goldman Sachs FS Prime Obligation/Institutional Fund (G)				56



Principal
Amount

		U.S. Treasury Bills — 0.2%
$	375	1.71%, 01/15/2009 (M)				375

		Total short-term investments (cost $6,849)			$	6,850

		Total investments (cost $272,591) (C)	99.5	%	$	205,728
		Other assets and liabilities	0.5	%		1,078

		Total net assets	100.0	%	$	206,806


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 1.67% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $276,461 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	5,784
Unrealized Depreciation		(76,517	)

Net Unrealized Depreciation	$	(70,733	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $349, which represents 0.17% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(G)		Security lending collateral related to a security sold, but not yet settled, on loan at October 31, 2008.

(M)		The interest rate disclosed for these securities represents the effective yield on the date of acquisition.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

Russell 2000 Mini Futures

Long

Dec 2008

(84

)


		* The number of contracts does not omit 000’s.

		Cash of $300 was pledged as initial margin deposit for open futures contracts at October 31,2008.

(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.

250

The Hartford Stock Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 99.3%
		Automobiles & Components — 0.5%
	100	Honda Motor Co., Ltd.	$	2,477

		Banks — 2.6%
	133	Banco Itau Holding Financeira S.p.A. ADR		1,470
	871	National City Corp.		2,352
	14	PNC Financial Services Group, Inc.		947
	80	Standard Chartered plc		1,314
	766	Washington Mutual, Inc. Private Placement (A)(H)		43
	187	Wells Fargo & Co.		6,363

				12,489

		Capital Goods — 5.4%
	974	General Electric Co.		19,003
	120	Honeywell International, Inc.		3,660
	58	Siemens AG ADR		3,488

				26,151

		Commercial & Professional Services — 1.3%
	147	Monster Worldwide, Inc. (D)		2,092
	136	Waste Management, Inc.		4,235

				6,327

		Diversified Financials — 15.1%
	578	Bank of America Corp.		13,967
	116	Capital One Financial Corp.		4,546
	418	Discover Financial Services, Inc.		5,126
	105	Goldman Sachs Group, Inc.		9,666
	490	Invesco Ltd. (G)		7,311
	429	JP Morgan Chase & Co.		17,705
	361	Merrill Lynch & Co., Inc.		6,718
	17	UBS AG (D)		293
	440	UBS AG ADR (D)		7,428

				72,760

		Energy — 13.1%
	138	Cameco Corp.		2,245
	42	Canadian Natural Resources Ltd. ADR		2,102
	155	Chesapeake Energy Corp. (G)		3,397
	61	Consol Energy, Inc.		1,924
	38	EnCana Corp. (G)		1,924
	38	EOG Resources, Inc.		3,083
	209	Exxon Mobil Corp.		15,506
	173	Hess Corp.		10,416
	224	Marathon Oil Corp.		6,513
	253	OAO Gazprom Class S ADR		5,035
	8	Occidental Petroleum Corp.		417
	66	Reliance Industries GDR (I)		3,664
	49	Schlumberger Ltd.		2,546
	73	Suncor Energy, Inc. ADR		1,739
	77	XTO Energy, Inc.		2,768

				63,279

		Food & Staples Retailing — 4.1%
	313	Safeway, Inc. (G)		6,651
	227	Supervalu, Inc.		3,234
	174	Walgreen Co.		4,420
	99	Wal-Mart Stores, Inc.		5,547

				19,852

		Food, Beverage & Tobacco — 3.7%
	1	Japan Tobacco, Inc.		4,591
	184	PepsiCo, Inc.		10,507
	105	Unilever N.V. NY Shares ADR		2,520

				17,618

		Health Care Equipment & Services — 3.2%
	147	Medtronic, Inc.		5,937
	388	UnitedHealth Group, Inc.		9,212

				15,149

		Household & Personal Products — 0.6%
	46	Procter & Gamble Co.		2,956

		Materials — 3.7%
	370	Alcoa, Inc.		4,260
	93	ArcelorMittal ADR (G)		2,431
	83	Cliff’s Natural Resources, Inc.		2,235
	107	Freeport-McMoRan Copper & Gold, Inc.		3,099
	26	Monsanto Co.		2,304
	39	Potash Corp. of Saskatchewan, Inc.		3,342

				17,671

		Media — 5.0%
	724	Comcast Corp. Class A		11,415
	645	Time Warner, Inc.		6,511
	299	Viacom, Inc. Class B (D)(G)		6,047

				23,973

		Pharmaceuticals, Biotechnology & Life Sciences — 11.0%
	77	Astellas Pharma, Inc.		3,109
	59	AstraZeneca plc		2,493
	116	Daiichi Sankyo Co., Ltd.		2,379
	86	Eisai Co., Ltd.		2,790
	539	Elan Corp. plc ADR (D)(G)		4,110
	148	Eli Lilly & Co.		5,002
	132	Merck & Co., Inc.		4,082
	544	Schering-Plough Corp.		7,887
	299	Shionogi & Co., Ltd.		5,087
	90	UCB S.A.		2,290
	114	Vertex Pharmaceuticals, Inc. (D)(G)		2,975
	330	Wyeth		10,626

				52,830

		Retailing — 5.1%
	2,495	Buck Holdings L.P. (A)(D)(H)		2,380
	187	Kohl’s Corp. (D)		6,552
	284	Lowe’s Co., Inc.		6,158
	144	Nordstrom, Inc. (G)		2,603
	350	Staples, Inc. (G)		6,800

				24,493

		Semiconductors & Semiconductor Equipment — 5.0%
	419	Applied Materials, Inc.		5,407
	194	Lam Research Corp. (D)		4,344
	580	Maxim Integrated Products, Inc.		7,887
	336	Texas Instruments, Inc.		6,578

				24,216

		Software & Services — 6.5%
	93	Accenture Ltd. Class A		3,077
	264	Electronic Arts, Inc. (D)		6,007
	22	Google, Inc. (D)		7,726

The accompanying notes are an integral part of these financial statements.

251

The Hartford Stock Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)

COMMON STOCK — (continued)

		Software & Services — (continued)
	525	Microsoft Corp.			$	11,721
	191	Western Union Co.				2,919

						31,450

		Technology Hardware & Equipment — 8.1%
	94	Apple, Inc. (D)(G)				10,081
	818	Cisco Systems, Inc. (D)				14,529
	534	Flextronics International Ltd. (D)				2,232
	266	NetApp, Inc. (D)				3,598
	314	Nokia Corp.				4,760
	7	Nortel Networks Corp. (D)(G)				9
	69	Research In Motion Ltd. (D)				3,480
	11	Seagate Technology				73

						38,762

		Telecommunication Services — 1.1%
	379	MetroPCS Communications, Inc. (D)(G)				5,201

		Transportation — 4.2%
	689	Delta Air Lines, Inc. (D)				7,569
	94	FedEx Corp.				6,112
	126	United Parcel Service, Inc. Class B				6,666

						20,347

		Total common stock (cost $714,866)			$	478,001



WARRANTS — 0.0%
		Banks — 0.0%
	96	Washington Mutual, Inc. Private Placement (A)(H)			$	—

		Total warrants (cost $ — )			$	—

		Total long-term investments (cost $714,866)			$	478,001



SHORT-TERM INVESTMENTS — 6.3%
		Securities Purchased with Proceeds from Security Lending — 6.3%
		Cash Collateral Reinvestment Fund:
	30,451	State Street Navigator Securities Lending Prime Portfolio			$	30,451

		Total short-term investments (cost $30,451)			$	30,451

		Total investments (cost $745,317) (C)	105.6	%	$	508,452
		Other assets and liabilities	(5.6	)%		(26,911	)

		Total net assets	100.0	%	$	481,541


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 15.90% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $766,168 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	3,921
Unrealized Depreciation		(261,637	)

Net Unrealized Depreciation	$	(257,716	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $2,423, which represents 0.50% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $3,664, which represents 0.76% of total net assets.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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.


Acquired	Shares		Security	Basis
06/2007		2,495	Buck Holdings L.P.	$	2,497
04/2008		96	Washington Mutual, Inc. Private Placement Warrants		—
04/2008		766	Washington Mutual, Inc. Private Placement		6,700


		The aggregate value of these securities at October 31, 2008 was $2,423 which represents 0.50% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Sell)	$	52	$	53		11/04/08	$	1
British Pound (Sell)		475		475		11/05/08		—
Euro (Buy)		10,733		10,650		12/03/08		83
Euro (Buy)		10,734		10,842		12/03/08		(108	)
Euro (Sell)		21,467		24,767		12/03/08		3,300
Japanese Yen (Buy)		813		827		11/04/08		(14	)
Japanese Yen (Sell)		238		241		11/06/08		3

							$	3,265


(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.

252

The Hartford Strategic Income Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 5.5%
		Finance — 5.5%
		Bank of America Credit Card Trust
$	500	5.17%, 06/15/2019	$	367
		Bayview Commercial Asset Trust
	1,251	7.50%, 09/25/2037 (H)(?)		143
		Bayview Financial Acquisition Trust
	250	8.05%, 08/28/2047 (H)		138
		Bear Stearns Commercial Mortgage Securities, Inc.
	600	5.71%, 06/11/2040 (I)(L)		278
		CBA Commercial Small Balance Commercial Mortgage
	4,744	7.25%, 07/25/2039 (H)(?)		451
		Commercial Mortgage Pass-Through Certificates
	600	5.79%, 06/10/2046 (L)		392
		Credit-Based Asset Servicing and Securitization
	89	3.53%, 05/25/2036 (H)(L)		72
		GMAC Mortgage Corp. Loan Trust
	555	6.05%, 12/25/2037 (H)(L)		282
		Greenwich Capital Commercial Funding Corp.
	299	5.24%, 11/05/2021 (H)(L)		60
	323	5.45%, 11/05/2021 (H)(L)		65
	5,000	5.74%, 12/10/2049 (L)		3,724
		GS Mortgage Securities Corp. II Class C
	500	5.80%, 08/10/2045 (L)		232
		Honda Automotive Receivables Owner Trust
	450	5.28%, 01/23/2012		439
		IMPAC Commercial Mortgage Backed Trust
	295	4.76%, 02/25/2036 (H)(L)		124
		JP Morgan Chase Commercial Mortgage Securities Corp.
	500	6.06%, 02/15/2051 (L)		242
	105	6.20%, 02/12/2051 (I)(L)		51
		Lehman Brothers Small Balance Commercial
	688	5.91%, 06/25/2037 (A)(H)		571
		MBNA Credit Card Master Note Trust
	300	6.80%, 07/15/2014 (H)		237
		Merrill Lynch Mortgage Trust
	600	5.24%, 11/12/2037 (L)		387
		Morgan Stanley Capital I
	1,067	4.97%, 04/14/2040		883
	500	5.69%, 04/15/2049 (L)		305
	600	5.73%, 04/15/2049 (I)(L)		278
		Renaissance Home Equity Loan Trust, Class M5
	100	7.00%, 09/25/2037 (H)		13
		Renaissance Home Equity Loan Trust, Class M8
	125	7.00%, 09/25/2037 (H)		12
		USAA Automotive Owner Trust
	495	4.63%, 05/15/2012		486
		Wachovia Bank Commercial Mortgage Trust
	970	5.79%, 07/15/2045 (L)		623
		Wachovia Bank Commercial Mortgage Trust
	500	5.87%, 07/15/2045 (L)		279
	142,934	10.00%, 02/15/2051 (H)(?)		217
		Wells Fargo Alternative Loan Trust
	615	6.25%, 11/25/2037 (H)		457

		Total asset & commercial mortgage backed securities (cost $16,491)	$	11,808



CORPORATE BONDS: INVESTMENT GRADE — 27.4%
		Basic Materials — 1.4%
		Consol Energy, Inc.
$	430	7.88%, 03/01/2012	$	370
		International Paper Co.
	1,190	7.40%, 06/15/2014		1,000
		Kimberly-Clark Corp.
	1,620	7.50%, 11/01/2018		1,645

				3,015

		Capital Goods — 0.7%
		Embraer Overseas Ltd.
	1,000	6.38%, 01/24/2017		650
		Xerox Corp.
	1,135	6.35%, 05/15/2018		832

				1,482

		Consumer Cyclical — 1.0%
		CRH America, Inc.
	2,500	8.13%, 07/15/2018 #		2,054
		Home Depot, Inc.
	221	5.88%, 12/16/2036		132

				2,186

		Consumer Staples — 0.6%
		PepsiCo, Inc.
	1,154	7.90%, 11/01/2018		1,217

		Energy — 0.7%
		Kazmunaigaz Finance Sub B.V.
	800	8.38%, 07/02/2013 (I)		536
		Lukoil International Finance B.V.
	1,050	6.66%, 06/07/2022 (H)		493
		TNK-BP Finance S.A.
	100	6.63%, 03/20/2017 (H)		42
	1,100	7.50%, 03/13/2013 — 07/18/2016 (H)		532

				1,603

		Finance — 14.8%
		American General Finance Corp.
	215	3.09%, 08/17/2011 (L)		92
		American Real Estate Partners L.P.
	775	7.13%, 02/15/2013		488
		Bank of America Corp.
	1,135	5.65%, 05/01/2018		975
	897	8.00%, 01/30/2018 (L)#(CC)		672
		Berkshire Hathaway Finance Corp.
	1,440	5.00%, 08/15/2013 (I)		1,371
		CIT Group, Inc.
	683	6.10%, 03/15/2067 (L)		116
		Citigroup, Inc.
	974	8.30%, 12/21/2057 (L)#		669
	738	8.40%, 04/30/2018 (L)#(CC)		513
		COX Communications, Inc.
	1,092	6.25%, 06/01/2018 (I)#		891

The accompanying notes are an integral part of these financial statements.

253

The Hartford Strategic Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount (B)			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Finance — (continued)
		Federal National Mortgage Association
$	5,220	2.88%, 10/12/2010		5,202
		General Electric Capital Corp.
	2,300	5.88%, 01/14/2038		1,641
		Goldman Sachs Capital Trust II
	2,542	5.79%, 06/01/2012 (L)(CC)		1,167
		HSBK Europe B.V.
	750	7.25%, 05/03/2017 (H)		330
		International Lease Finance Corp.
	1,500	6.63%, 11/15/2013		974
		JP Morgan Chase & Co.
	2,200	6.40%, 05/15/2038		1,889
	1,335	7.90%, 04/30/2018 (CC)		1,082
		Kuzneski (Bank of Moscow)
	700	7.50%, 11/25/2015 (L)		251
		Morgan Stanley
	408	5.45%, 01/09/2017		326
BRL	1,400	10.09%, 05/03/2017 (H)		388
		National City Bank of Ohio
	600	4.50%, 03/15/2010		555
		National City Corp.
	1,052	12.00%, 12/10/2012 (CC)		958
		Progressive Corp.
	2,000	6.70%, 06/15/2037 (L)		1,191
		Prudential Financial, Inc.
	1,224	8.88%, 06/15/2038 (L)		705
		RBS Capital Trust IV
	2,050	4.56%, 09/30/2014 (L)(CC)		923
		Rio Tinto Finance USA Ltd.
	1,260	5.88%, 07/15/2013		1,075
		RSHB Capital
	800	6.97%, 09/21/2016 (H)(L)		400
		State Street Capital Trust III
	1,235	8.25%, 03/15/2011 (L)(CC)		1,064
		TransCapitalInvest Ltd.
	900	8.70%, 08/07/2018 (H)		531
		UBS Preferred Funding Trust I
	1,250	8.62%, 10/01/2010 (CC)		927
		Unicredito Italiano Capital Trust
	2,000	9.20%, 10/05/2010 (I)(CC)		1,360
		UnitedHealth Group, Inc.
	1,500	6.88%, 02/15/2038		1,070
		USB Capital IX
	1,830	6.19%, 04/15/2011 (L)(CC)		952
		VTB Capital S.A.
	700	6.61%, 10/31/2012 (H)		388
		Wachovia Corp.
	37	7.98%, 03/15/2018 (L)(CC)		28
		Wells Fargo Capital XIII
	808	7.70%, 03/26/2013 (L)(CC)		661

				31,825

		Health Care — 1.1%
		Covidien International
	1,500	6.55%, 10/15/2037		1,186
		CVS Caremark Corp.
	1,500	6.30%, 06/01/2037 (L)		1,050
		Glaxosmithkline Capital, Inc.
	273	6.38%, 05/15/2038		231

				2,467

		Services — 0.1%
		News America, Inc.
	272	6.15%, 03/01/2037		198

		Technology — 4.7%
		Deutsche Telekom International Finance B.V.
	900	5.38%, 03/23/2011		842
	882	6.75%, 08/20/2018		735
		Embarq Corp.
	2,700	8.00%, 06/01/2036 #		1,782
		IBM Corp.
	1,191	6.50%, 10/15/2013		1,225
		Rogers Cable, Inc.
	390	8.75%, 05/01/2032		368
		Rogers Communications, Inc.
	1,316	6.80%, 08/15/2018		1,151
	733	7.50%, 03/15/2015		688
		Sprint Capital Corp.
	1,400	7.63%, 01/30/2011		1,162
		Telecom Italia Capital
	2,204	7.72%, 06/04/2038		1,500
		Verizon Communications, Inc.
	546	8.75%, 11/01/2018		558

				10,011

		Transportation — 0.2%
		Canadian Pacific Railway Co.
	675	5.95%, 05/15/2037		402

		Utilities — 2.1%
		AES El Savador Trust
	700	6.75%, 02/01/2016 (H)		506
		Duke Energy Corp.
	355	6.35%, 08/15/2038		296
		Pacific Gas & Electric Energy Recovery Funding LLC
	540	8.25%, 10/15/2018		550
		Public Service Co. of Colorado
	860	6.50%, 08/01/2038		748
		Southern California Edison Co.
	665	5.75%, 03/15/2014		657
		Taqa Abu Dhabi National Energy Co.
	500	5.62%, 10/25/2012 (I)		419
		TransCanada Pipelines Ltd.
	1,624	7.25%, 08/15/2038		1,287

				4,463

		Total corporate bonds: investment grade (cost $74,500)	$	58,869



CORPORATE BONDS: NON-INVESTMENT GRADE — 27.2%
		Basic Materials — 2.1%
		Cenveo, Inc.
$	300	10.50%, 08/15/2016 (I)	$	253
		Domtar Corp.
	700	5.38%, 12/01/2013		514
		Evraz Group S.A.
	800	8.88%, 04/24/2013 (H)		344
		Georgia-Pacific Corp.
	600	8.13%, 05/15/2011		507
		Goodyear Tire & Rubber Co.
	570	6.68%, 12/01/2009 (L)		522

The accompanying notes are an integral part of these financial statements.

254


Principal			Market
Amount			Value (W)


CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)

		Basic Materials — (continued)
		Graham Packaging Co., Inc.
$	305	8.50%, 10/15/2012	$	223
	185	9.88%, 10/15/2014		117
		Huntsman International LLC
	100	7.88%, 11/15/2014		89
		International Coal Group, Inc.
	400	10.25%, 07/15/2014		336
		MacDermid, Inc.
	350	9.50%, 04/15/2017 (I)#		186
		Momentive Performance
	155	9.75%, 12/01/2014		87
		New Page Corp.
	675	10.00%, 05/01/2012		459
		RBS Global & Rexnord Corp.
	150	11.75%, 08/01/2016		98
		Steel Dynamics, Inc.
	580	7.38%, 11/01/2012		431
		Vedanta Resources plc
	900	8.75%, 01/15/2014 (H)		441

				4,607

		Capital Goods — 0.2%
		Hawker Beechcraft Acquisition Co.
	635	9.75%, 04/01/2017		356

		Consumer Cyclical — 4.4%
		Aramark Corp.
	940	5.00%, 06/01/2012		677
		BE Aerospace, Inc.
	300	8.50%, 07/01/2018		258
		D.R. Horton, Inc.
	945	4.88%, 01/15/2010		810
		Desarrolladora Homes S.A.
	900	7.50%, 09/28/2015 (H)		540
		Dollarama Group L.P.
	700	8.88%, 08/15/2012		525
		ESCO Corp.
	640	8.63%, 12/15/2013 (I)		512
		Ferrellgas Partners L.P.
	870	6.75%, 05/01/2014 (I)		618
		Ingles Markets, Inc.
	400	8.88%, 12/01/2011		352
		K Hovnanian Enterprises
	750	11.50%, 05/01/2013 (I)		607
		KB Home & Broad Home Corp.
	450	6.38%, 08/15/2011		355
		Neiman Marcus Group, Inc.
	500	10.38%, 10/15/2015		333
		Parkson Retail Group Ltd.
	700	7.88%, 11/14/2011 (H)		490
		Pulte Homes, Inc.
	850	7.88%, 08/01/2011		720
		Supervalu, Inc.
	900	7.50%, 11/15/2014		738
		Tenneco, Inc.
	650	8.13%, 11/15/2015		338
		TRW Automotive, Inc.
	1,200	7.25%, 03/15/2017 (I)		690
		United Components, Inc.
	425	9.38%, 06/15/2013 (H)		264
		Urbi Desarrollos Urbanos
	890	8.50%, 04/19/2016 (H)		623

				9,450

		Consumer Staples — 1.1%
		Appleton Papers, Inc.
	400	8.13%, 06/15/2011		280
		Arantes International
	900	10.25%, 06/19/2013 (H)		360
		Constellation Brands, Inc.
	500	8.38%, 12/15/2014		445
		Dole Food Co., Inc.
	275	8.63%, 05/01/2009		248
		MHP S.A.
	800	10.25%, 11/30/2011 (H)		416
		Sino-Forest Corp.
	854	9.13%, 08/17/2011 (H)		529

				2,278

		Energy — 1.9%
		Chesapeake Energy Corp.
	775	7.63%, 07/15/2013		659
		Encore Acquisition Co.
	700	7.25%, 12/01/2017		460
		Frontier Oil Corp.
	525	8.50%, 09/15/2016		457
		Inergy L.P.
	550	8.25%, 03/01/2016		422
		Noble Group Ltd.
	1,800	6.63%, 03/17/2015 (H)		810
		Petrohawk Energy Corp.
	725	9.13%, 07/15/2013		558
		Plains Exploration & Production Co.
	450	7.63%, 06/01/2018		295
		Quicksilver Resources, Inc.
	700	8.25%, 08/01/2015		486

				4,147

		Finance — 3.1%
		Alfa Bank
	200	8.20%, 06/25/2012 (H)		100
		Citigroup (JSC Severstal)
	710	9.25%, 04/19/2014 (H)		307
		Drummond Co., Inc.
	900	7.38%, 02/15/2016 (H)		616
		Ford Motor Credit Co.
	750	5.70%, 01/15/2010		557
	300	9.20%, 04/15/2012 (L)		230
		General Motors Acceptance Corp.
	1,721	6.75%, 12/01/2014		869
	1,000	6.88%, 09/15/2011		586
		Itabo Finance S.A.
	500	10.88%, 10/05/2013 (A)(H)		300
		Kazkommerts International B.V.
	500	8.00%, 11/03/2015 (H)		215
		LPL Holdings, Inc.
	1,070	10.75%, 12/15/2015 (H)		749
		Nuveen Investments, Inc.
	700	5.00%, 09/15/2010		238
		Oceanografia S.A. de C.V.
	1,100	11.25%, 07/15/2015 (H)		748

The accompanying notes are an integral part of these financial statements.

255

The Hartford Strategic Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount (B)			Value (W)


CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)

		Finance — (continued)
		RBS-Zero Hora Editora Journalistica
BRL	1,800	11.25%, 06/15/2017 (H)		444
		Rouse Co.
$	500	3.63%, 03/15/2009	$	230
		Standard Bank (Privatbank)
	200	8.75%, 02/09/2016 (H)		30
		TuranAlem Finance B.V.
	200	7.75%, 04/25/2013 (H)		66
		Yankee Acquisition Corp.
	725	8.50%, 02/15/2015		410

				6,695

		Foreign Governments — 0.9%
		Argentina (Republic of)
	970	7.00%, 10/03/2015 (H)		192
		Indonesia (Republic of)
	1,400	7.25%, 04/20/2015 (K)		1,052
		Sri Lanka (Republic of)
	1,200	8.25%, 10/24/2012 (H)		649

				1,893

		Health Care — 1.9%
		Advanced Medical Optics, Inc.
	495	7.50%, 05/01/2017		327
		HCA, Inc.
	500	7.88%, 02/01/2011		417
	1,650	9.25%, 11/15/2016		1,402
		IASIS Healthcare Capital Corp.
	700	8.75%, 06/15/2014 #		553
		Invacare Corp.
	100	9.75%, 02/15/2015 #		90
		Psychiatric Solutions, Inc.
	600	7.75%, 07/15/2015		494
		Skilled Healthcare Group, Inc.
	600	11.00%, 01/15/2014		531
		Warner Chilcott Corp.
	300	8.75%, 02/01/2015		264

				4,078

		Services — 2.9%
		Affinion Group, Inc.
	1,000	11.50%, 10/15/2015		600
		Allied Waste North America, Inc.
	500	7.13%, 05/15/2016		440
		AMC Entertainment, Inc.
	500	11.00%, 02/01/2016		395
		Clear Channel Communications, Inc.
	400	7.65%, 09/15/2010		302
		Dex Media West LLC, Inc.
	605	9.88%, 08/15/2013		227
		DirecTV Holdings LLC
	135	7.63%, 05/15/2016 (I)		113
	475	8.38%, 03/15/2013		445
		Echostar DBS Corp.
	550	7.75%, 05/31/2015		447
		FireKeepers Development Authority
	500	13.88%, 05/01/2015 (I)		355
		Harland Clarke Holdings
	455	9.50%, 05/15/2015 #		218
		Harrah’s Operating Co., Inc.
	790	10.75%, 02/01/2016 (I)	$	257
		Iron Mountain, Inc.
	485	8.00%, 06/15/2020		381
		MGM Mirage, Inc.
	1,175	6.75%, 09/01/2012 — 04/01/2013		742
	450	8.50%, 09/15/2010		312
		Pinnacle Entertainment, Inc.
	380	8.75%, 10/01/2013		287
		TL Acquisitions, Inc.
	485	10.50%, 01/15/2015 (I)		289
		Videotron Ltee
	475	6.88%, 01/15/2014		394

				6,204

		Technology — 5.4%
		Advanced Micro Devices, Inc.
	250	5.75%, 08/15/2012 (X)		104
		Bio-Rad Laboratories, Inc.
	300	7.50%, 08/15/2013		264
		Canwest MediaWorks L.P.
	535	9.25%, 08/01/2015 (I)		326
		CCH I Holdings LLC
	300	9.92%, 04/01/2014		75
		Charter Communications Operating LLC
	800	8.00%, 04/30/2012 (I)		616
	925	10.88%, 09/15/2014 (I)		752
		Cricket Communications, Inc.
	145	9.38%, 11/01/2014		118
		CSC Holdings, Inc.
	1,250	7.63%, 04/01/2011		1,150
		Freescale Semiconductor, Inc.
	850	9.13%, 12/15/2014		310
		Intelsat Bermuda Ltd.
	370	11.25%, 06/15/2016 #		316
		Intelsat Corp.
	400	9.25%, 06/15/2016 (I)		332
		Intelsat Ltd.
	1,250	7.63%, 04/15/2012		788
		Level 3 Financing, Inc.
	600	9.25%, 11/01/2014 #		342
		Maxcom Telecomunicaciones
	1,060	11.00%, 12/15/2014 (H)		689
		Mediacom LLC
	1,550	7.88%, 02/15/2011		1,318
		MetroPCS Wireless, Inc.
	750	9.25%, 11/01/2014		624
		Mobile Telesystems Finance S.A.
	770	8.00%, 01/28/2012 (H)		493
		Nortel Networks Ltd.
	675	10.75%, 07/15/2016		356
		Qwest Communications International, Inc.
	1,000	7.50%, 02/15/2014 #		680
		Sanmina-Sci Corp.
	930	5.57%, 06/15/2014 (I)(L)		716
		Spansion LLC
	185	5.93%, 06/01/2013 (I)(L)		40
		Vimpelcom
	800	8.38%, 04/30/2013 (H)		480

The accompanying notes are an integral part of these financial statements.

256


Principal			Market
Amount			Value (W)


		Technology — (continued)
		Windstream Corp.
$	1,000	8.63%, 08/01/2016	$	755

				11,644

		Transportation — 0.9%
		Continental Airlines, Inc.
	419	7.03%, 06/15/2011		285
		Grupo Senda Autotransporte
	935	10.50%, 10/03/2015 (H)		879
		Kansas City Southern
	800	9.38%, 05/01/2012		676

				1,840

		Utilities — 2.4%
		AES Corp.
	325	8.00%, 10/15/2017		250
		Copano Energy LLC
	600	8.13%, 03/01/2016		441
		Edison Mission Energy
	160	7.50%, 06/15/2013		135
		Kinder Morgan, Inc.
	550	5.15%, 03/01/2015		423
	100	6.50%, 09/01/2012		87
		Majapahit Holdings, Inc.
	1,570	7.88%, 06/29/2037 (H)		750
		Markwest Energy Partners L.P.
	500	8.50%, 07/15/2016		368
		Mirant JPSCO Finance Ltd.
	600	11.00%, 07/06/2016 (H)		516
		Mirant Mid-Atlantic LLC
	626	9.13%, 06/30/2017		564
		NRG Energy, Inc.
	975	7.25%, 02/01/2014		853
		Rede Empresas De Energia
	850	11.13%, 04/02/2012 (H)(CC)		332
		Reliant Energy, Inc.
	570	6.75%, 12/15/2014		497

				5,216

		Total corporate bonds: non-investment grade (cost $80,925)	$	58,408



SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 11.3%
		Basic Materials — 2.1%
		Arizona Chemical Co.
$	353	4.81%, 02/27/2013 (N)	$	261
	250	8.31%, 02/27/2014 (H)(N)		144
		Boise Paper Holdings LLC
	2,000	10.00%, 02/20/2015 (H)(N)		1,335
		Calumet Lubricants Co., L.P.
	115	4.00%, 12/29/2014 (AA)		72
	864	6.80%, 01/03/2015 (N)		545
		Coffeyville Resources
	235	3.78%, 12/21/2010 (N)		185
	759	6.63%, 12/21/2013 (N)		596
		John Maneely Co.
	675	7.66%, 12/08/2013 (N)		481
		Newpage Corp.
	993	7.00%, 12/21/2014 (N)		810

				4,429

		Capital Goods — 0.8%
		MacAndrews Amg Holdings LLC
	425	8.87%, 04/17/2012 (H)(N)		213
		Scitor Acquisition Corp.
	495	7.37%, 09/26/2014 (H)(N)		446
		Wesco Aircraft Hardware Corp.
	500	8.87%, 03/28/2014 (N)		375
		Yankee Candle Co.
	1,000	5.77%, 02/06/2014 (N)(Q)		704

				1,738

		Consumer Cyclical — 1.2%
		Brand Energy & Infrastructure Services
	495	6.96%, 02/07/2014 (N)		371
		Delphi Corp.
	1,500	7.25%, 01/15/2009 (F)(N)		1,270
		Ford Motor Co.
	739	7.59%, 12/16/2013 (N)		403
		Lear Corp.
	997	5.75%, 04/25/2012 (N)		643

				2,687

		Consumer Staples — 0.6%
		Dole Food Co., Inc.
	98	4.69%, 04/12/2013 (N)		70
	174	5.28%, 04/12/2013 (N)		124
	720	5.93%, 04/12/2013 (N)		513
		WM Wrigley Jr. Co.
	604	7.75%, 08/12/2014 (N)		573

				1,280

		Energy — 0.7%
		Lyondell Chemical Co.
	1,244	8.04%, 12/22/2014 (N)		735
		Turbo Beta Ltd.
	1,003	14.50%, 03/12/2018 (H)(N)		883

				1,618

		Finance — 1.0%
		BNY Convergex Group LLC & EZE Castle Software
	1,500	6.77%, 08/30/2013 (N)(Q)		1,185
		Chrysler Financial Services NA
	495	6.82%, 08/03/2012 (N)		332
		Crescent Resources LLC
	675	4.50%, 09/07/2012 (N)		228
		Realogy Corp.
	105	4.47%, 10/05/2013 (AA)		67
	389	6.00%, 10/05/2014 (N)		248

				2,060

		Health Care — 1.1%
		DJO Finance LLC
	993	6.74%, 04/07/2013 (N)		759
		Generics International, Inc.
	993	7.26%, 11/19/2014 (H)(N)		794
		Inverness Medical Innovation, Inc.
	250	4.00%, 06/26/2015 (N)		166
		Mylan, Inc.
	794	6.90%, 12/17/2014 (N)		678

				2,397

The accompanying notes are an integral part of these financial statements.

257

The Hartford Strategic Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Services — 2.0%
		Centaur LLC
$	279	9.76%, 10/30/2012 (N)	$	177
		Emdeon Business Services LLC
	500	8.76%, 05/16/2014 (N)		325
		Golden Nugget, Inc.
	250	6.51%, 12/31/2014 (H)(N)		87
		Greenwood Racing, Inc.
	1,463	5.43%, 11/14/2011 (N)		1,060
		New World Gaming Partners Ltd.
	500	9.55%, 03/31/2015 (H)(N)		253
		Philosophy, Inc.
	247	5.12%, 03/17/2014 (H)(N)		163
		Sirius Satellite Radio, Inc.
	495	5.44%, 09/01/2012 (N)		287
		Telesat Canada
	457	6.34%, 09/01/2014 (N)		347
	39	6.45%, 09/01/2014 (N)		30
		West Corp.
	995	8.00%, 11/08/2013 (N)		796
		WideOpenWest Finance LLC
	263	10.93%, 06/29/2015 (H)(N)		131
		Yonkers Racing Corp.
	743	10.69%, 08/12/2011 (N)		632

				4,288

		Technology — 0.8%
		Brocade Communications Systems, Inc.
	834	7.00%, 09/30/2013 (N)		730
		Gatehouse Media Operating, Inc.
	546	4.81%, 08/05/2014 (N)(Q)		113
	204	5.00%, 08/05/2014 (N)(Q)		42
		Infor Global Solutions, Delayed Draw Term Loan
	259	7.52%, 07/28/2012 (N)		158
		Infor Global Solutions, U.S. Term Loan
	496	7.52%, 07/28/2012 (N)		302
		One Communications Corp.
	471	6.89%, 06/30/2012 (N)		273

				1,618

		Utilities — 1.0%
		Astoria Generating Co. Acquisitions LLC
	500	6.96%, 08/23/2013 (N)		337
		Atlas Pipeline Partners L.P.
	1,000	5.68%, 07/27/2014 (N)		800
		Texas Competitive Electric Holdings Co. LLC
	495	6.44%, 10/10/2014 (N)		387
	495	6.66%, 10/12/2014 (N)		388
		TPF Generation Holdings LLC
	375	8.01%, 12/21/2014 (N)		247

				2,159

		Total senior floating rate interests: non-investment grade (cost $32,337)	$	24,274



U.S. GOVERNMENT AGENCIES — 24.1%
		Federal Home Loan Mortgage Corporation — 6.3%
		Mortgage Backed Securities:
$	9,079	6.50%, 2037 — 2038	$	9,206

		Notes:
	1,300	4.13%, 2013		1,293
	3,000	4.88%, 2013		3,083

				4,376

				13,582

		Federal National Mortgage Association — 15.1%
		Mortgage Backed Securities:
	15,895	6.50%, 2037 — 2038		16,121
	4,996	6.50%, 2038 (Q)		5,066
	10,839	7.00%, 2037 — 2038		11,189

				32,376

		Other Government Agencies — 2.7%
		Small Business Administration Participation Certificates:
	2,934	5.16%, 2028		2,866
	2,931	5.31%, 2027		2,873

				5,739

		Total U.S. government agencies (cost $52,467)	$	51,697



U.S. GOVERNMENT SECURITIES — 3.1%
		U.S. Treasury Securities — 3.1%
		U.S. Treasury Notes:
$	6,041	2.75%, 2013 (S)	$	6,020
	475	3.13%, 2013		483

		Total U.S. government securities (cost $6,520)	$	6,503

		Total long-term investments (cost $263,240)	$	211,559



Shares

SHORT-TERM INVESTMENTS — 3.2%
		Investment Pools and Funds — 0.0%
	90	State Street Bank Money Market Fund	$	90



Principal
Amount

		Repurchase Agreements — 3.2%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,466, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $3,527)
$	3,466	0.15% dated 10/31/2008		3,466
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,793, collateralized by U.S. Treasury Note 4.13%, 2012, value of $2,849)
	2,793	0.10% dated 10/31/2008		2,793

The accompanying notes are an integral part of these financial statements.

258


Principal					Market
Amount					Value (W)


SHORT-TERM INVESTMENTS — (continued)

		Repurchase Agreements — (continued)
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $561, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $569)
$	561	0.08% dated 10/31/2008			$	561

						6,820

		Total short-term investments (cost $6,910)			$	6,910

		Total investments (cost $270,150) (C)	101.8	%	$	218,469
		Other assets and liabilities	(1.8	)%		(3,797	)

		Total net assets	100.0	%	$	214,672


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 12.96% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $270,189 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	306
Unrealized Depreciation		(52,026	)

Net Unrealized Depreciation	$	(51,720	)


#		This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $871, which represents 0.41% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.
(AA)		The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2008.
(CC)		Perpetual maturity security. Maturity date shown is the first call date.
(F)		The company is in bankruptcy. The investment held by the fund is not in default.
(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $11,846, which represents 5.52% 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 October 31, 2008, the market value of these securities amounted to $1,052 or 0.49% of net assets.
(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.
(N)		The interest rate disclosed for these securities represents the average coupon as of October 31, 2008.
(?)		The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2008.
(Q)		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2008 was $7,037.
(V)		Senior floating rate interests 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 October 31, 2008.
(X)		Convertible security.

(B)		All principal amounts are in U.S. dollars unless otherwise indicated.


BRL		— Brazilian Real


(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
04/2008	$	700	AES El Savador Trust, 6.75%, 02/01/2016 - Reg S	$	650
06/2007 – 08/2007		200	Alfa Bank, 8.20%, 06/25/2012 - 144A		196
06/2008		900	Arantes International, 10.25%, 06/19/2013 - 144A		891
05/2008		970	Argentina (Republic of), 7.00%, 10/03/2015		720
09/2007		250	Arizona Chemical Co., 8.31%, 02/27/2014		230
08/2007		1,251	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		174
07/2007		250	Bayview Financial Acquisition Trust, 8.05%, 08/28/2047		250
02/2008 – 08/2008		2,000	Boise Paper Holdings LLC, 10.00%, 02/20/2015		1,890
05/2007		4,744	CBA Commercial Small Balance Commercial Mortgage, 7.25%, 07/25/2039 - 144A		400
05/2007 – 11/2007		710	Citigroup (JSC Severstal), 9.25%, 04/19/2014 - Reg S		757
07/2007		89	Credit-Based Asset Servicing and Securitization, 3.53%, 05/25/2036 - 144A		87
01/2008 – 08/2008		900	Desarrolladora Homes S.A., 7.50%, 09/28/2015		898
08/2008		900	Drummond Co., Inc., 7.38%, 02/15/2016 - 144A		788
04/2008 – 06/2008		800	Evraz Group S.A., 8.88%, 04/24/2013 - 144A		808
11/2007		993	Generics International, Inc., 7.26%, 11/19/2014		983

The accompanying notes are an integral part of these financial statements.

259

The Hartford Strategic Income Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Period
Acquired	Par		Security	Cost Basis
09/2007	$	555	GMAC Mortgage Corp. Loan Trust, 6.05%, 12/25/2037	$	523
06/2007		250	Golden Nugget, Inc., 6.51%, 12/31/2014		250
05/2007		299	Greenwich Capital Commercial Funding Corp., 5.24%, 11/05/2021 - 144A		289
05/2007		323	Greenwich Capital Commercial Funding Corp., 5.45%, 11/05/2021 - 144A		313
10/2007 – 05/2008		935	Grupo Senda Autotransporte, 10.50%, 10/03/2015 - 144A		932
05/2007		100	HSBK Europe B.V., 7.25%, 05/03/2017 - 144A		100
07/2007 – 01/2008		650	HSBK Europe B.V., 7.25%, 05/03/2017 - Reg S		590
05/2007		295	IMPAC Commercial Mortgage Backed Trust, 4.76%, 02/25/2036		283
05/2007 – 11/2007		500	Itabo Finance S.A., 10.88%, 10/05/2013 - 144A		514
02/2008		500	Kazkommerts International B.V., 8.00%, 11/03/2015 - 144A		424
12/2007		688	Lehman Brothers Small Balance Commercial, 5.91%, 06/25/2037 - 144A		689
09/2007 – 08/2008		1,070	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		1,057
04/20008		1,050	Lukoil International Finance B.V., 6.66%, 06/07/2022 - Reg S		942
09/2007		425	MacAndrews Amg Holdings LLC, 8.87%, 04/17/2012		415
08/2008		1,570	Majapahit Holdings, Inc., 7.88%, 06/29/2037 - Reg S		1,319
07/2007 – 10/2008		1,060	Maxcom Telecomunicaciones, 11.00%, 12/15/2014		949
08/2007		300	MBNA Credit Card Master Note Trust, 6.80%, 07/15/2014		303
05/2007		100	MHP S.A., 10.25%, 11/30/2011 - 144A		105
06/2007 – 03/2008		700	MHP S.A., 10.25%, 11/30/2011 - Reg S		695
05/2007 – 02/2008		600	Mirant JPSCO Finance Ltd., 11.00%, 07/06/2016 - 144A		647
02/2008 – 03/2008		770	Mobile Telesystems Finance S.A., 8.00%, 01/28/2012 - Reg S		786
04/2008		1,400	Morgan Stanley, 10.09%, 05/03/2017 - 144A		711
07/2007		500	New World Gaming Partners Ltd., 9.55%, 03/31/2015		500
07/2008 – 10/2008		1,800	Noble Group Ltd., 6.63%, 03/17/2015 - 144A		1,192
07/2008 – 10/2008		1,100	Oceanografia S.A. de C.V., 11.25%, 07/15/2015 - 144A		1,010
08/2007 – 12/2007		700	Parkson Retail Group Ltd., 7.88%, 11/14/2011		703
10/2007		247	Philosophy, Inc., 5.12%, 03/17/2014		224
10/2007 – 05/2008		1,800	RBS-Zero Hora Editora Journalistica, 11.25%, 06/15/2017 - Reg S		918
05/2007 – 06/2008		850	Rede Empresas De Energia, 11.13%, 04/02/2012 - 144A		844
08/2007		100	Renaissance Home Equity Loan Trust, Class M5, 7.00%, 09/25/2037		76
08/2007		125	Renaissance Home Equity Loan Trust, Class M8, 7.00%, 09/25/2037		70
09/2007 – 01/2008		800	RSHB Capital, 6.97%, 09/21/2016		790
09/2007		495	Scitor Acquisition Corp., 7.37%, 09/26/2014		490
06/2008		854	Sino-Forest Corp., 9.13%, 08/17/2011 - Reg S		873
10/2007		400	Sri Lanka (Republic of), 8.25%, 10/24/2012 - 144A		401
01/2008 – 04/2008		800	Sri Lanka (Republic of), 8.25%, 10/24/2012 - Reg S		746
05/2007		200	Standard Bank (Privatbank), 8.75%, 02/09/2016		201
06/2007		100	TNK-BP Finance S.A., 6.63%, 03/20/2017 - Reg S		98
09/2007 – 01/2008		1,100	TNK-BP Finance S.A., 7.50%, 03/13/2013 — 07/18/2016 - 144A		1,096
07/2008 – 08/2008		900	TransCapitalInvest Ltd., 8.70%, 08/07/2018 - 144A		902
05/2008		200	TuranAlem Finance B.V., 7.75%, 04/25/2013 - Reg S		171
06/2008 – 08/2008		1,003	Turbo Beta Ltd., 14.50%, 03/12/2018		1,003
09/2008		425	United Components, Inc., 9.38%, 06/15/2013		382
10/2007 – 01/2008		890	Urbi Desarrollos Urbanos, 8.50%, 04/19/2016 - Reg S		899
06/2008		900	Vedanta Resources plc, 8.75%, 01/15/2014 - 144A		900
04/2008		800	Vimpelcom, 8.38%, 04/30/2013 - 144A		801
05/2008		700	VTB Capital S.A., 6.61%, 10/31/2012 - Reg S		697
08/2007		142,934	Wachovia Bank Commercial Mortgage Trust, 10.00%, 02/15/2051		216
03/2008		615	Wells Fargo Alternative Loan Trust, 6.25%, 11/25/2037		496
06/2007 – 10/2008		263	WideOpenWest Finance LLC, 10.93%, 06/29/2015		254


		The aggregate value of these securities at October 31, 2008 was $24,273 which represents 11.31% of total net assets.

(S)		Security pledged as initial margin deposit for open futures contracts at October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008


							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)

2 Year U.S. Treasury Note		66		Long		Dec 2008	$	157
5 Year U.S. Treasury Note		50		Long		Dec 2008		(35	)
10 Year U.S. Treasury Note		11		Long		Dec 2008		(37	)
U.S. Long Bond		128		Long		Dec 2008		(637	)

							$	(552	)


		* 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.

260

The Hartford Target Retirement 2010 Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 97.7%
EQUITY FUNDS — 57.0%
	76	The Hartford Capital Appreciation Fund, Class Y			$	1,922
	38	The Hartford Disciplined Equity Fund, Class Y				363
	23	The Hartford Dividend and Growth Fund, Class Y				337
	42	The Hartford Fundamental Growth Fund, Class Y				330
	43	The Hartford Global Growth Fund, Class Y				479
	63	The Hartford Growth Fund, Class Y				755
	27	The Hartford Growth Opportunities Fund, Class Y				516
	51	The Hartford International Opportunities Fund, Class Y				542
	26	The Hartford International Small Company Fund, Class Y				198
	15	The Hartford LargeCap Growth Fund, Class Y				99
	29	The Hartford Select SmallCap Value Fund, Class Y				217
	31	The Hartford Small Company Fund, Class Y				443
	172	The Hartford Value Fund, Class Y				1,540

		Total equity funds (cost $10,750)			$	7,741



FIXED INCOME FUNDS — 40.7%
	55	The Hartford Floating Rate Fund, Class Y			$	390
	71	The Hartford High Yield Fund, Class Y				393
	138	The Hartford Income Fund, Class Y				1,143
	96	The Hartford Inflation Plus Fund, Class Y				941
	72	The Hartford Short Duration Fund, Class Y				661
	160	The Hartford Strategic Income Fund, Class Y				1,174
	90	The Hartford Total Return Bond Fund, Class Y				835

		Total fixed income funds (cost $6,415)			$	5,537

		Total investments in affiliated investment companies (cost $17,165)			$	13,278



EXCHANGE TRADED FUNDS — 1.7%
	4	SPDR DJ Wilshire International Real Estate ETF			$	117
	3	SPDR DJ Wilshire REIT ETF				116

		Total investments in exchange traded funds (cost $406)			$	233

		Total investments (cost $17,571) (C)	99.4	%	$	13,511
		Other assets and liabilities	0.6	%		81

		Total net assets	100.0	%	$	13,592


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $17,769 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	—
Unrealized Depreciation		(4,258	)

Net Unrealized Depreciation	$	(4,258	)


(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.

261

The Hartford Target Retirement 2020 Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 98.9%
EQUITY FUNDS — 70.9%
	207	The Hartford Capital Appreciation Fund, Class Y			$	5,224
	60	The Hartford Dividend and Growth Fund, Class Y				890
	87	The Hartford Equity Income Fund, Class Y				907
	76	The Hartford Fundamental Growth Fund, Class Y				594
	95	The Hartford Global Growth Fund, Class Y				1,057
	153	The Hartford Growth Fund, Class Y				1,845
	64	The Hartford Growth Opportunities Fund, Class Y				1,234
	109	The Hartford International Opportunities Fund, Class Y				1,159
	146	The Hartford International Small Company Fund, Class Y				1,111
	66	The Hartford LargeCap Growth Fund, Class Y				421
	64	The Hartford Select MidCap Value Fund, Class Y				427
	142	The Hartford Select SmallCap Value Fund, Class Y				1,058
	69	The Hartford Small Company Fund, Class Y				975
	446	The Hartford Value Fund, Class Y				3,983

		Total equity funds (cost $29,881)			$	20,885



FIXED INCOME FUNDS — 28.0%
	157	The Hartford High Yield Fund, Class Y			$	867
	89	The Hartford Income Fund, Class Y				738
	179	The Hartford Inflation Plus Fund, Class Y				1,754
	122	The Hartford Short Duration Fund, Class Y				1,123
	305	The Hartford Strategic Income Fund, Class Y				2,242
	163	The Hartford Total Return Bond Fund, Class Y				1,516

		Total fixed income funds (cost $9,435)			$	8,240

		Total investments in affiliated investment companies (cost $39,316)			$	29,125



EXCHANGE TRADED FUNDS — 0.8%
	6	SPDR DJ Wilshire International Real Estate ETF			$	159
	2	SPDR DJ Wilshire REIT ETF				81

		Total investments in exchange traded funds (cost $359)			$	240

		Total investments (cost $39,675) (C)	99.7	%	$	29,365
		Other assets and liabilities	0.3	%		96

		Total net assets	100.0	%	$	29,461


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $39,900 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	—
Unrealized Depreciation		(10,535	)

Net Unrealized Depreciation	$	(10,535	)


(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

The Hartford Target Retirement 2030 Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 98.4%
EQUITY FUNDS — 80.9%
	179	The Hartford Capital Appreciation Fund, Class Y			$	4,520
	74	The Hartford Disciplined Equity Fund, Class Y				715
	58	The Hartford Dividend and Growth Fund, Class Y				856
	72	The Hartford Equity Income Fund, Class Y				746
	101	The Hartford Fundamental Growth Fund, Class Y				792
	100	The Hartford Global Growth Fund, Class Y				1,111
	141	The Hartford Growth Fund, Class Y				1,701
	64	The Hartford Growth Opportunities Fund, Class Y				1,234
	79	The Hartford International Opportunities Fund, Class Y				841
	145	The Hartford International Small Company Fund, Class Y				1,099
	118	The Hartford LargeCap Growth Fund, Class Y				753
	62	The Hartford Select MidCap Value Fund, Class Y				418
	156	The Hartford Select SmallCap Value Fund, Class Y				1,157
	70	The Hartford Small Company Fund, Class Y				980
	393	The Hartford Value Fund, Class Y				3,511

		Total equity funds (cost $29,509)			$	20,434



FIXED INCOME FUNDS — 17.5%
	121	The Hartford Inflation Plus Fund, Class Y			$	1,190
	81	The Hartford Short Duration Fund, Class Y				744
	267	The Hartford Total Return Bond Fund, Class Y				2,485

		Total fixed income funds (cost $4,910)			$	4,419

		Total investments in affiliated investment companies (cost $34,419)			$	24,853



EXCHANGE TRADED FUNDS — 1.3%
	7	SPDR DJ Wilshire International Real Estate ETF			$	207
	3	SPDR DJ Wilshire REIT ETF				122

		Total investments in exchange traded funds (cost $552)			$	329

		Total investments (cost $34,971) (C)	99.7	%	$	25,182
		Other assets and liabilities	0.3	%		68

		Total net assets	100.0	%	$	25,250


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $35,134 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	—
Unrealized Depreciation		(9,952	)

Net Unrealized Depreciation	$	(9,952	)


(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.

263

The Hartford Tax-Free California Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 91.3%
		Airport Revenues — 2.0%
		San Jose, CA, Airport Rev AMT
$	1,000	5.00%, 03/01/2037	$	759
		General Obligations — 2.2%
		Chabot-Las Positas, CA, Community College Dist
	1,895	5.05%, 08/01/2033		380
		Puerto Rico Commonwealth
	500	5.50%, 07/01/2032		436

				816

		Health Care/Services — 14.6%
		California ABAG FA for Non-Profit Corps, San Diego Hospital Assoc
	200	5.38%, 03/01/2021		170
		California Health Fac FA, Catholic Healthcare West
	250	5.25%, 07/01/2023		218
	1,000	5.63%, 07/01/2032		842
		California Statewide Community DA
	1,500	5.13%, 07/01/2024		1,378
	500	5.50%, 08/15/2023		481
		California Statewide Community DA, Front Porch Communities & Services
	500	5.13%, 04/01/2037 (H)		350
		California Statewide Community DA, Health Services Rev
	250	6.00%, 10/01/2023		248
		Rancho Mirage, CA, Joint Powers FA Rev, Eisenhower Medical Center
	500	5.00%, 07/01/2038 (H)		357
		Sierra View, CA, Local Health Care Dist
	1,000	5.25%, 07/01/2032		776
		Turlock, CA, Health Fac Rev, Emanuel Medical Center
	500	5.13%, 10/15/2037		330
		Washington Township, CA, Health Care Dist Rev
	500	5.00%, 07/01/2037		356

				5,506

		Higher Education (Univ., Dorms, etc.) — 14.0%
		California Educational Fac Auth, Dominican University
	300	5.00%, 12/01/2025		229
		California Educational Fac Auth, Golden Gate University
	455	5.00%, 10/01/2025		346
		California Educational Fac Auth, La Verne University
	180	5.00%, 06/01/2031		131
		California Educational Fac Auth, Pitzer College
	630	5.00%, 04/01/2030		554
		California Educational Fac Auth, Woodbury University
	200	5.00%, 01/01/2025		155
		California Municipal FA, Biola University
	335	5.80%, 10/01/2028		255
		California Municipal FA, University Students Coop Assoc
	250	4.75%, 04/01/2027		172
		California Statewide Community DA
	700	5.75%, 05/15/2032		541
		California Statewide Community DA, California Baptist University
	1,000	5.50%, 11/01/2038 (H)		626
		California Statewide Community DA, Drew School
	750	5.30%, 10/01/2037		519
		California Statewide Community DA, Huntington Park Rev
	600	5.15%, 07/01/2030		424
		California Statewide Community DA, John F Kennedy University Rev
	250	6.75%, 10/01/2033		208
		California Statewide Community DA, Windrush School
	250	5.50%, 07/01/2037		172
		Los Angeles, CA, Community College Dist
	1,000	5.00%, 08/01/2033		925

				5,257

		Housing (HFA’S, etc.) — 3.8%
		California Statewide Community DA
	500	7.25%, 10/01/2032		413
		Monterey County, CA, Certificate of Participation
	500	4.50%, 08/01/2037		374
		Puerto Rico Housing FA
	665	5.13%, 12/01/2027		626

				1,413

		Industrial — 2.6%
		California State Enterprise Auth, Sewer FA Rev AMT
	500	5.30%, 09/01/2047		331
		Chula Vista, CA, IDR Daily San Diego Gas
	300	5.30%, 07/01/2021		266
		Virgin Islands Public FA Rev AMT
	250	4.70%, 07/01/2022		165
		Virgin Islands Public FA, Revhovenska Refinery
	250	6.13%, 07/01/2022		195

				957

		Miscellaneous — 8.7%
		Golden State Tobacco Securitization Agency
	3,000	5.75%, 06/01/2047		1,976
		Kern County, CA, Tobacco Securitization Agency
	1,000	6.00%, 06/01/2029		829
		Modesto, CA, Irrigation Dist
	500	5.50%, 07/01/2035		469

				3,274

		Pollution Control — 1.6%
		Big Bear Municipal Water Dist, Ref Lake Improvements
	250	5.00%, 11/01/2024		227
		Sacramento, CA, Pollution Control FA AMT
	500	4.75%, 12/01/2023		378

				605

		Prerefunded — 2.9%
		Beaumont, CA, FA Local Agency Rev Ser A
	50	7.25%, 09/01/2020		55
		California Statewide Community DA, Thomas Jefferson School of Law
	175	4.88%, 10/01/2035		181
		Contra Costa County, CA, Public FA Tax Allocation
	330	5.63%, 08/01/2033		361
		Oakland, CA, Redev Agency Tax Allocation, Coliseum Area Redev
	250	5.25%, 09/01/2033		272

The accompanying notes are an integral part of these financial statements.

264


Principal			Market
Amount			Value (W)

MUNICIPAL BONDS — (continued)

		Prerefunded — (continued)
		Santa Margarita, CA, Water Dist Special Tax Community Fac Dist
$	200	6.00%, 09/01/2030	$	222

				1,091

		Public Facilities — 1.2%
		California Public Works Board, Dept of Health Services Richmond Lab
	300	5.00%, 11/01/2030		268
		California Public Works Board, Dept of Mental Health Patton
	200	5.38%, 04/01/2028		191

				459

		Special Tax Assessment — 20.1%
		Aliso Viejo, CA, Community Fac Dist Special Tax
	500	6.00%, 09/01/2038		386
		Azusa, CA, Special Tax Community Fac Dist Mountain Cove
	100	5.75%, 09/01/2021		86
		Beaumont, CA, FA Improvement Area #8
	250	5.05%, 09/01/2037 (H)		167
		Carlsbad, CA, Special Tax
	260	6.05%, 09/01/2028		217
		Chino, CA, Community Fac Dist Special Tax #2
	225	5.00%, 09/01/2036 (H)		149
		Chino, CA, Community Fac Dist Special Tax B
	500	5.00%, 09/01/2036 (H)		330
		Folsom, CA, Public FA Special Tax Rev
	250	5.20%, 09/01/2032 (H)		173
		Hemet, CA, USD Community Fac Dist Special Tax #2005-1
	250	5.13%, 09/01/2036		172
		Hemet, CA, USD Community Fac Dist Special Tax #2005-3
	500	5.75%, 09/01/2039		369
		Imperial, CA, Special Tax Community Fac
	325	5.00%, 09/01/2026 (H)		236
		Indio, CA, Community Fac Dist Special Tax
	300	5.05%, 09/01/2026 (H)		224
		Indio, CA, Public FA Rev Local Agency
	135	5.00%, 09/02/2014		124
		Indio, CA, Public Improvement Act Special Assessment #2002-3 GO
	57	6.35%, 09/02/2027		49
		Irvine, CA, Improvement Bond Act 1915
	300	5.00%, 09/02/2030 (H)		219
		Jurupa, CA, Community Services Dist Special Tax Dist #06
	100	5.88%, 09/01/2032 (H)		76
		Jurupa, CA, Community Services Dist Special Tax Dist #17
	250	5.20%, 09/01/2036		176
		Jurupa, CA, Community Services Dist Special Tax Dist #30
	500	5.60%, 09/01/2037 (H)		374
		Lake Elsinore, CA, Special Tax Community Fac Dist #2005-1A
	200	5.35%, 09/01/2036 (H)		141
		Lake Elsinore, CA, Special Tax Community Fac Dist #2005-6
	150	5.00%, 09/01/2030 (H)		104
		Lake Elsinore, CA, Special Tax Community Fac Dist #2-A
	100	5.85%, 09/01/2024 (H)		85
		Lake Elsinore, CA, Special Tax Community Fac Dist #3
	250	5.15%, 09/01/2025		194
		Lee Lake, CA, Water Dist Community Fac Dist #3 Special Tax Retreat
	150	5.75%, 09/01/2023 (H)		127
		Moreno Valley, CA, USD Community Fac Special Tax #2002-1
	110	5.60%, 09/01/2017		98
		Perris, CA, Public FA Local Agency Rev
	1,000	5.80%, 09/01/2038 (H)		740
	100	6.25%, 09/01/2033		83
		Roseville, CA, FA Special Tax Rev
	500	5.00%, 09/01/2033		344
		Roseville, CA, Special Tax
	1,140	6.00%, 09/01/2028		931
		Roseville, CA, Special Tax Dist Westpark
	200	5.25%, 09/01/2025		154
		Sun Ranch, CA, Municipal Water Dist
	200	5.00%, 09/01/2036 (H)		133
		Tustin, CA, Community Fac Special Tax B
	500	6.00%, 09/01/2036		391
		Val Verde, CA, USD FA Special Tax Rev Jr Lien
	200	6.00%, 10/01/2021		181
		William S Hart USD Special Tax
	300	5.25%, 09/01/2026 (H)		228
	125	5.85%, 09/01/2022		110

				7,571

		Tax Allocation — 9.5%
		Burbank, CA, FA Rev South San Fernando Redev Proj
	350	5.50%, 12/01/2023		325
		Contra Costa County, CA, Public FA Tax Allocation
	70	5.63%, 08/01/2033		63
		Corona, CA, Redev Agency Tax Allocation
	300	4.50%, 11/01/2032		236
		Fontana, CA, Redev Agency Tax Allocation Ref, Jurupa Hills Redev Proj
	400	5.50%, 10/01/2027		403
		Huntington Park, CA, Public FA Rev Ref
	400	5.25%, 09/01/2019		413
		Madera, CA, Redev Agency Tax Rev
	750	5.25%, 09/01/2030		659
		Oceanside, CA, Community Development Committee, Downtown Redev Proj
	300	5.70%, 09/01/2025		279
		Riverside County, CA, Public FA Tax Allocation, Jurupa Desert & Interstate 215
	200	4.50%, 10/01/2037		148
		Sacramento, CA, FA Lease Rev MBIA AMT
	345	5.00%, 07/15/2027 (L)		299
		San Diego, CA, Redev Agency Tax Allocation, North Park Redev Proj
	175	5.30%, 09/01/2016		177
		San Diego, CA, Redev Agency, Centre City Sub Pkg
	200	5.25%, 09/01/2026		177
		Temecula, CA, Redev Agency Tax Allocation Rev
	250	5.63%, 12/15/2038 (H)		182

The accompanying notes are an integral part of these financial statements.

265

The Hartford Tax-Free California Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)

MUNICIPAL BONDS — (continued)

		Tax Allocation — (continued)
		Virgin Islands Public FA Rev
$	300	4.25%, 10/01/2029			$	220

						3,581

		Utilities — Electric — 2.2%
		Imperial, CA, Irrigation Dist Electric Rev
	900	5.00%, 11/01/2033				827
		Utilities — Gas — 4.5%
		Long Beach, CA, Bond FA Natural Gas Purchase Rev Ser A
	1,000	5.50%, 11/15/2037				739
		Vernon, CA, Natural Gas FA
	945	5.00%, 08/01/2021				941

						1,680

		Utilities — Water and Sewer — 1.4%
		Lathrop, CA, FA Rev Water Supply Proj
	250	6.00%, 06/01/2035				199
		Stockton, CA, Wastewater System Proj MBIA
	375	5.20%, 09/01/2029				337

						536

		Total municipal bonds (cost $42,368)			$	34,332
Shares

SHORT-TERM INVESTMENTS — 3.0%
		Investment Pools and Funds — 3.0%
	1,135	Dreyfus Basic California Municipal Money Market Fund			$	1,135

		Total short-term investments (cost $1,135)			$	1,135

		Total investments (cost $43,503) (C)	94.3	%	$	35,467
		Other assets and liabilities	5.7	%		2,140

		Total net assets	100.0	%	$	37,607


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $43,503 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	101
Unrealized Depreciation		(8,137	)

Net Unrealized Depreciation	$	(8,036	)


(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
11/2006	$	250	Beaumont, CA, FA Improvement Area #8, 5.05%, 09/01/2037	$	250
06/2007		1,000	California Statewide Community DA, California Baptist University, 5.50%, 11/01/2038		1,000
05/2007		500	California Statewide Community DA, Front Porch Communities & Services, 5.13%, 04/01/2037 - 144A		505
10/2006		225	Chino, CA, Community Fac Dist Special Tax #2, 5.00%, 09/01/2036		224
05/2007		500	Chino, CA, Community Fac Dist Special Tax B, 5.00%, 09/01/2036		493
06/2007		250	Folsom, CA, Public FA Special Tax Rev, 5.20%, 09/01/2032		249
11/2006		325	Imperial, CA, Special Tax Community Fac, 5.00%, 09/01/2026		325
10/2006		300	Indio, CA, Community Fac Dist Special Tax, 5.05%, 09/01/2026		299
06/2007		300	Irvine, CA, Improvement Bond Act 1915, 5.00%, 09/02/2030		296
11/2002		100	Jurupa, CA, Community Services Dist Special Tax Dist #06, 5.88%, 09/01/2032		97
10/2007		500	Jurupa, CA, Community Services Dist Special Tax Dist #30, 5.60%, 09/01/2037		500
01/2006		200	Lake Elsinore, CA, Special Tax Community Fac Dist #2005-1A, 5.35%, 09/01/2036		200
04/2007		150	Lake Elsinore, CA, Special Tax Community Fac Dist #2005-6, 5.00%, 09/01/2030		150
02/2004		100	Lake Elsinore, CA, Special Tax Community Fac Dist #2-A, 5.85%, 09/01/2024		100
02/2004		150	Lee Lake, CA, Water Dist Community Fac Dist #3 Special Tax Retreat, 5.75%, 09/01/2023		150
11/2007		1,000	Perris, CA, Public FA Local Agency Rev, 5.80%, 09/01/2038		1,000
07/2007		500	Rancho Mirage, CA, Joint Powers FA Rev, Eisenhower Medical Center, 5.00%, 07/01/2038		499
08/2006		200	Sun Ranch, CA, Municipal Water Dist, 5.00%, 09/01/2036		199
10/2007		250	Temecula, CA, Redev Agency Tax Allocation Rev, 5.63%, 12/15/2038		250
01/2006		300	William S Hart USD Special Tax, 5.25%, 09/01/2026		299


		The aggregate value of these securities at October 31, 2008 was $5,021 which represents 13.35% of total net assets.


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


(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.

266

The Hartford Tax-Free Minnesota Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 84.1%
		Airport Revenues — 3.3%
		Minneapolis & St Paul, MN, Airport Commission FGIC AMT
$	1,000	5.63%, 01/01/2018	$	983
		General Obligations — 12.2%
		Brainerd, MN, ISD #181 GO FGIC
	500	5.38%, 02/01/2016		524
		Minneapolis, MN, Parking Assessment GO
	250	5.00%, 12/01/2020		255
		Puerto Rico Commonwealth
	715	5.50%, 07/01/2032		623
		Rosemount, MN, ISD #196 GO MBIA
	1,950	5.70%, 04/01/2015		1,445
		Todd, Morrison, Cass, & Wadena County, MN, Hospital Lakewood Health Care Fac
	725	5.25%, 12/01/2026		553
		Willmar, MN, Rice Memorial Hospital Proj FSA
	250	5.00%, 02/01/2025		243

				3,643

		Health Care/Services — 12.9%
		Bemidji, MN, Health Care Fac Ref, North Country Health Services
	500	5.00%, 09/01/2021 — 09/01/2024		427
		Chippewa County, MN, Gross Rev Montevideo Hospital Proj
	500	5.50%, 03/01/2037		344
		Hastings, MN, Housing Rev
	500	5.25%, 11/01/2031 (H)		353
		Northfield, MN, Hospital Rev
	330	5.38%, 11/01/2031		250
		Prior Lake, MN, Shepherds Path Sr Housing
	350	5.75%, 08/01/2041		249
		Rochester, MN, Health Care Fac Rev
	540	5.70%, 05/01/2022 (H)		430
		St Louis Park, MN, Roitenberg Family Assisted Proj
	300	5.55%, 08/15/2029 (H)		214
		St Paul, MN, Housing & Redev Auth Hospital Rev
	335	6.00%, 11/15/2025		289
		Winona, MN, Health Care Fac Rev
	1,000	5.15%, 07/01/2031		725
		Woodbury, MN, Economic DA, Summerhouse Proj
	500	5.75%, 06/01/2041 (H)		371
		Worthington, MN, Housing Rev Ref, Meadows Worthington Proj
	300	5.38%, 05/01/2037 (H)		207

				3,859

		Higher Education (Univ., Dorms, etc.) — 13.5%
		Baytown Township, MN
	250	7.00%, 08/01/2038		207
		Falcon Heights, MN, Lease Rev
	225	6.00%, 11/01/2037		166
		Minneapolis, MN, Housing Rev
	400	5.00%, 10/01/2037		248
		Minnesota Higher Education FA, Augsburg College
	1,000	5.00%, 05/01/2020 — 05/01/2023		851
		Minnesota Higher Education FA, College of St Benedict
	350	5.25%, 03/01/2024		300
		Minnesota Higher Education FA, Minneapolis College of Art and Design
	300	5.00%, 05/01/2026		241
		Ramsey, MN, Lease Rev Pact Charter School Proj
	250	6.50%, 12/01/2022		217
		St Paul, MN, Housing & Redev Auth, Achieve Language Academy
	300	6.75%, 12/01/2022		260
		St Paul, MN, Housing & Redev Auth, Hmong Academy Proj
	260	6.00%, 09/01/2036		192
		St Paul, MN, Housing & Redev Auth, Hope Community Academy Proj
	450	6.25%, 12/01/2019		398
		St Paul, MN, Housing & Redev Auth, Lease Rev
	825	5.00%, 12/01/2036		545
		University Virgin Islands
	270	5.13%, 12/01/2022		232
	225	5.25%, 12/01/2023 — 12/01/2024		190

				4,047

		Housing (HFA’s, etc.) — 5.2%
		Duluth, MN, Housing & Redev Auth
	885	5.88%, 11/01/2033 (H)		642
		Golden Valley, MN, Calvary Center Apts Proj AMT
	500	4.85%, 12/20/2041		350
		Minneapolis, MN, Multifamily Housing Rev AMT
	350	5.40%, 04/01/2028		263
		Stillwater, MN, Multifamily Housing Rev AMT
	400	5.38%, 02/01/2032 (H)		288

				1,543

		Industrial — 2.0%
		Virgin Islands Public FA, Revhovenska Refinery
	750	6.13%, 07/01/2022		585
		Miscellaneous — 2.3%
		Guam Economic DA, Tobacco Settlement
	1,000	5.63%, 06/01/2047		699
		Pollution Control — 1.4%
		Cohasset, MN, Pollution Control Rev Ref Coll Allete Inc Proj
	500	4.95%, 07/01/2022		433
		Prerefunded — 22.7%
		Becker, MN, ISD #726 GO FSA
	1,300	6.00%, 02/01/2017		1,347
		Duluth, MN, Econ DA Health Care Fac Rev Benedictine Health System St Mary’s
	1,130	5.50%, 02/15/2023		1,219
		Golden Valley, MN, Breck School Proj Rev
	1,000	5.88%, 10/01/2019		1,039

The accompanying notes are an integral part of these financial statements.

267

The Hartford Tax-Free Minnesota Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)

MUNICIPAL BONDS — (continued)

		Prerefunded — (continued)
		Minnesota Agriculture and Econ Development Healthcare Fac, Benedictine Health
$	1,000	5.25%, 02/15/2014			$	1,047
		University of Minnesota
	1,000	5.75%, 07/01/2018				1,117
		Waconia, MN, Health Care Fac Rev, Ridgeview Medical Center Proj
	1,000	6.10%, 01/01/2019				1,039

						6,808

		Public Facilities — 3.5%
		Minnesota Intermediate School Dist Lease Rev
	380	5.30%, 11/01/2032 (H)				284
		Renville County, MN, Housing & Redev Auth, Health & Human Services
	360	4.60%, 02/01/2027				272
		St Paul, MN, PA Lease Rev
	500	5.00%, 12/01/2019				505

						1,061

		Tax Allocation — 3.6%
		Minneapolis, MN, Tax Increment Grant Park Proj
	350	5.35%, 02/01/2030				262
		Minnesota Agricultural Society, State Fair Rev
	835	5.13%, 09/15/2023				815

						1,077

		Utilities — Electric — 1.5%
		Chaska, MN, Electric Rev Ref Generating Fac
	500	5.00%, 10/01/2030				446

		Total municipal bonds (cost $28,898)			$	25,184


Shares

SHORT-TERM INVESTMENTS — 13.3%
		Investment Pools and Funds — 13.3%
	3,986	State Street Bank Tax Free Money Market Fund			$	3,986

		Total short-term investments (cost $3,986)			$	3,986

		Total investments (cost $32,884) (C)	97.4	%	$	29,170
		Other assets and liabilities	2.6	%		773

		Total net assets	100.0	%	$	29,943


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $32,884 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	440
Unrealized Depreciation		(4,154	)

Net Unrealized Depreciation	$	(3,714	)


(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
11/2007	$	885	Duluth, MN, Housing & Redev Auth, 5.88%, 11/01/2033	$	885
01/2007		500	Hastings, MN, Housing Rev, 5.25%, 11/01/2031		500
09/2006 – 05/2008		380	Minnesota Intermediate School Dist Lease Rev, 5.30%, 11/01/2032		385
11/2007		540	Rochester, MN, Health Care Fac Rev, 5.70%, 05/01/2022		540
07/2006		300	St Louis Park, MN, Roitenberg Family Assisted Proj, 5.55%, 08/15/2029		300
02/2007		400	Stillwater, MN, Multifamily Housing Rev AMT, 5.38%, 02/01/2032		400
05/2006		500	Woodbury, MN, Economic DA, Summerhouse Proj, 5.75%, 06/01/2041		500
05/2007		300	Worthington, MN, Housing Rev Ref, Meadows Worthington Proj, 5.38%, 05/01/2037		300


		The aggregate value of these securities at October 31, 2008 was $2,789 which represents 9.31% of total net assets.


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


(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.

268

The Hartford Tax-Free National Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 91.7%
		Alabama — 1.1%
		Huntsville, AL, GO
$	1,855	5.25%, 05/01/2022	$	1,897
		Arizona — 1.5%
		Arizona Sundance Community Fac Dist, Special Assess Rev #2
	381	7.13%, 07/01/2027 (I)		333
		Estrella Mountain Ranch Community GO
	265	6.20%, 07/15/2032 (H)		209
		Pima County, AZ, Charter Schools Proj
	1,100	5.75%, 07/01/2016		1,006
		Pima County, AZ, Noah Webster Basic School
	1,000	5.60%, 12/15/2019		880
		Vistancia, AZ, Community Fac Dist GO
	200	6.75%, 07/15/2022		193

				2,621

		California — 8.8%
		California Municipal FA, Biola University
	1,665	5.80%, 10/01/2028		1,267
		Capistrano, CA, USD Community Fac Dist Special Tax #90-2 Talega (Prerefunded with State and Local Gov’t Securities)
	250	5.90%, 09/01/2020		279
		Indio, CA, Public FA Rev Local Agency
	625	5.63%, 09/02/2018		554
		Indio, CA, Public Improvement Act Special Assessment #2002-3 GO
	38	6.35%, 09/02/2027		33
		Jurupa, CA, Community Services Dist Special Tax Dist #06
	400	5.88%, 09/01/2032 (H)		306
		Lathrop, CA, FA Rev Water Supply Proj
	750	6.00%, 06/01/2035		596
		Moreno Valley, CA, USD Community Fac Dist Special Tax #2002-1
	500	6.00%, 09/01/2022		433
		Morongo Band of Mission Indians Enterprise Rev
	2,655	6.50%, 03/01/2028 (I)		2,285
		Oceanside, CA, Community Development Committee, Downtown Redev Proj
	700	5.70%, 09/01/2025		650
		Palm Springs, CA, Community Redev Agency
	535	5.50%, 09/01/2023		520
		Perris, CA, Public FA Local Agency Rev
	495	6.25%, 09/01/2033		409
		San Diego, CA, Redev Agency, Centre City Sub Pkg
	500	5.25%, 09/01/2026		443
		San Jose, CA, Santa Clara County University
	1,800	4.91%, 08/01/2027		556
		San Manuel, CA, Entertainment Auth Public Improvement
	1,000	4.50%, 12/01/2016 (H)		877
		Val Verde, CA, USD FA Special Tax Rev Jr Lien
	800	6.00%, 10/01/2021		722
		Vernon, CA, Natural Gas FA
	5,455	5.00%, 08/01/2021		5,431

				15,361

		Colorado — 5.9%
		Antelope Heights Metro Dist GO
	1,125	5.00%, 12/01/2037		778
		Arapaho County, CO, Conservatory Metro Dist
	2,000	5.13%, 12/01/2037		1,551
		Bromley Park, CO, Metro Dist #2 GO
	2,000	5.13%, 12/01/2037		1,551
		Colorado E-470 Public Highway Auth Rev
	1,125	5.50%, 09/01/2024		1,058
		Colorado Educational & Cultural Fac Auth, Charter School Banning Lewis
	1,000	6.13%, 12/15/2035 (H)		747
		Denver, CO, Rendezvous Residential Metro Dist GO
	600	5.38%, 12/01/2021		476
		Ebert Metropolitan Dist
	3,000	5.35%, 12/01/2037		2,226
		Fort Collins, CO, PCR Ref, Anheuser Busch Proj
	1,000	4.70%, 09/01/2040		637
		Pinery West, CO, Metro Dist #2 GO
	1,000	4.50%, 12/01/2032 (H)		648
		Reata, CO, North Metro Dist GO
	1,000	5.50%, 12/01/2032 (H)		662

				10,334

		District of Columbia — 1.6%
		Dist of Columbia University Rev
	3,000	5.25%, 04/01/2034		2,732
		Florida — 10.1%
		Amelia Walk Community Development
	980	5.50%, 05/01/2037 (H)		651
		Bellalgo, FL, Education Fac Benefits Dist Capital
	885	5.85%, 05/01/2022		721
		Brevard County, FL, Health Facilities Auth
	2,500	5.00%, 04/01/2034		1,734
		Colonial Country Club Community Development Dist, Capital Improvement Rev
	475	6.40%, 05/01/2033		390
		Florida Gateway Services Community Development Dist, Special Assessment Sun City Center Fort Meyers Proj
	135	5.50%, 05/01/2010		135
		Florida Village Community Development Dist No 8
	1,145	6.38%, 05/01/2038		946
		Jacksonville, FL, Econ Development Community Health Care Facilities
	5,000	6.25%, 09/01/2027		3,986
		Jacksonville, FL, Econ Development Rev AMT
	2,000	4.75%, 03/01/2047		1,194
		Lee County, FL, IDA
	1,500	5.25%, 06/15/2027		1,030
		Miami-Dade County, FL, Educational Facilities Auth
	2,000	5.75%, 04/01/2028		1,950
		Palm Beach County, FL, Health FA Rev Waterford Proj
	3,300	5.75%, 11/15/2026		2,619
		River Bend Community Development Dist, Capital Improvement Rev
	1,000	7.13%, 11/01/2015		897
		Rolling Hills Community Development Dist
	100	5.45%, 05/01/2037 (H)		66

The accompanying notes are an integral part of these financial statements.

269

The Hartford Tax-Free National Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)

MUNICIPAL BONDS — (continued)

		Florida — (continued)
		Tolomato, FL, Community Development Dist
$	1,200	6.65%, 05/01/2040	$	977
		University Square Community Development
	500	5.88%, 05/01/2038 (H)		361

				17,657

		Georgia — 2.9%
		Fulton County, GA, School Dist GO
	1,105	5.38%, 01/01/2018		1,185
		Fulton County, GA, Water & Sewer Rev FGIC
	35	6.38%, 01/01/2014		38
		Fulton County, GA, Water & Sewer Rev FGIC Part (Prerefunded with State and Local Gov’t Securities)
	1,765	6.38%, 01/01/2014		1,914
		Georgia Municipal Electric Auth, Power Rev
	945	6.50%, 01/01/2017		1,061
		Georgia Municipal Electric Auth, Power Rev (Prerefunded with US Gov’t Securities)
	55	6.50%, 01/01/2017		62
		Marietta, GA, DA
	1,000	7.00%, 06/15/2030		845

				5,105

		Idaho — 0.9%
		Idaho Board Bank Auth
	1,470	5.63%, 09/15/2026 (Q)		1,528
		Illinois — 7.5%
		Bolingbrook, IL, Sales Tax Rev
	445	6.25%, 01/01/2024		385
		Chicago, IL, O’Hare International Airport Special Fac Rev, American Airlines Inc.
	750	5.50%, 12/01/2030		299
		Chicago, IL, Tax Increment Allocation Jr Lien Pilsen Redev B
	1,000	6.75%, 06/01/2022 (H)		933
		Hampshire, IL, Special Service Area #13, Tuscany Woods Proj
	1,800	5.75%, 03/01/2037 (H)		1,254
		Hampshire, IL, Special Service Area #16, Prairie Ridge Proj
	800	6.00%, 03/01/2046 (H)		567
		Huntley, IL, Special Service Area #9
	1,500	5.10%, 03/01/2028		1,396
		Illinois Education FA, Augustana College Ser A
	1,000	5.70%, 10/01/2032		830
		Illinois FA Rev
	1,430	5.38%, 07/01/2033		1,204
		Illinois FA, Children’s Memorial Hospital
	1,500	5.38%, 08/15/2039		1,164
		Illinois FA, Children’s Memorial Hospital Ser B
	1,500	5.50%, 08/15/2028		1,276
		Illinois FA, Edward Hospital
	310	6.25%, 02/01/2033		316
		Plano, IL, Lakewood Springs Proj Special Services Area
	497	6.10%, 03/01/2035		384
		Round Lake, IL, Special Tax Rev
	965	4.70%, 03/01/2033 (H)		797
		Round Lake, IL, Special Tax Rev (Prerefunded with State and Local Gov’t Securities)
	498	6.70%, 03/01/2033		556
		Wauconda, IL, Special Service Area #1 Special Tax Liberty Lakes Proj
	1,000	6.63%, 03/01/2033		869
		Yorkville, IL, United City Special Service Area Tax Raintree Village Proj
	947	6.88%, 03/01/2033 (H)		819

				13,049

		Indiana — 0.2%
		East Chicago, IN, Industrial Solid Waste Disposal AMT
	700	5.50%, 09/01/2028 (H)		448
		Iowa — 0.4%
		Iowa FA, Single Family Mortgage Rev AMT
	980	4.80%, 01/01/2037		692
		Kansas — 0.6%
		La Cygne, KS, Kansas City Power & Light
	260	4.65%, 09/01/2035		195
		Lawrence, KS, Lawrence Memorial Hospital
	500	5.13%, 07/01/2036		367
		Salina, KS, Salina Regional Health Hospital Rev
	750	4.63%, 10/01/2031		561

				1,123

		Louisiana — 1.6%
		Louisiana Public Fac Auth, Oschner Clinic Foundation Proj
	2,000	5.50%, 05/15/2047		1,499
		Louisiana Public Fac Auth, Oschner Clinic Foundation Proj (Prerefunded with US Gov’t Securities)
	500	5.50%, 05/15/2027		515
		Louisiana Public Fac Auth, Susla Fac Inc
	1,000	5.75%, 07/01/2039 (H)		734

				2,748

		Maryland — 0.6%
		Maryland State Health & Higher Education FA Rev
	1,385	6.00%, 01/01/2028		1,076
		Michigan — 8.6%
		Detroit, MI, GO
	10,000	5.00%, 04/01/2016 (H)		9,548
		Detroit, MI, Water Supply System Ref Rev FGIC
	1,750	6.50%, 07/01/2015		1,867
		Michigan Hospital FA, Rev Ref Henry Ford Health System (Prerefunded with State and Local Gov’t Securities)
	500	5.63%, 03/01/2017		543
		Michigan State Hospital FA, McLaren Health Care
	2,000	5.63%, 05/15/2028		1,814
		Michigan Strategic Fund Ltd, Rev Ref Dow Chemical Proj AMT
	750	5.50%, 12/01/2028		722

The accompanying notes are an integral part of these financial statements.

270


Principal			Market
Amount			Value (W)

MUNICIPAL BONDS — (continued)

		Michigan — (continued)
		Michigan Tobacco Settlement Fin
$	835	6.88%, 06/01/2042	$	630

				15,124

		Minnesota — 1.6%
		Ramsey, MN, Lease Rev Pact Charter School Proj
	500	6.50%, 12/01/2022		434
		Rochester, MN, Health Care Fac Rev
	790	5.70%, 05/01/2022 (H)		628
		St Paul, MN, Housing & Redev Auth Lease Rev
	860	6.00%, 12/01/2018		770
		St Paul, MN, Housing & Redev Auth, Achieve Language Academy
	500	6.75%, 12/01/2022		434
		St Paul, MN, Housing & Redev Auth, Hmong Academy Proj
	740	6.00%, 09/01/2036		547

				2,813

		Mississippi — 0.1%
		Lowndes County, MS, Solid Waste Disposal & Pollution Control Rev Ref Weyerhaeuser Co Proj
	250	6.80%, 04/01/2022		215
		Missouri — 1.4%
		Branson Hills, MO, Infrastructure Fac
	650	5.50%, 04/01/2027 (H)		482
		Lees Summit, MO, Industrial DA, Kensington Farms Improvement Proj
	1,000	5.75%, 03/01/2029		759
		St Louis, MO, Industrial DA, Confluence Academy Proj
	550	5.35%, 06/15/2032		379
		Stone Canyon, MO, Community Improvement Proj
	1,000	5.75%, 04/01/2027		759

				2,379

		Nebraska — 1.3%
		Nebraska Public Power Dist Rev
	2,500	5.00%, 01/01/2033		2,228
		Nevada — 1.9%
		Clark County, NV, Improvement Dist #142
	970	6.38%, 08/01/2023		819
		Reno, NV, Hospital Rev
	1,500	5.50%, 06/01/2028		1,366
		Reno, NV, Renown Regional Medical Center Proj
	1,485	5.25%, 06/01/2032		1,114

				3,299

		New Hampshire — 0.4%
		New Hampshire Health & Education Fac, Elliot Hospital
	750	5.60%, 10/01/2022		692
		New Jersey — 0.1%
		New Jersey Education Fac, Fairleigh Dickinson University
	275	6.00%, 07/01/2025		227
		New Mexico — 1.9%
		Cabezon, NM, Public Improvement Dist
	665	5.20%, 09/01/2015		603
		New Mexico Mortgage FA AMT
	2,460	6.15%, 07/01/2037		2,408
		Otero County, NM, Jail Proj
	400	6.00%, 04/01/2023		334

				3,345

		New York — 6.2%
		Erie County, NY, IDA Applied Tech Charter School Proj
	550	6.75%, 06/01/2025		446
		Nassau County, NY, IDA Continuing Care Retirement, Amsterdam at Harborside Ser A
	1,000	6.50%, 01/01/2027		829
		New York State Dormitory Auth Non State Supported Debt, Orange Regional Med Center
	3,125	6.13%, 12/01/2029		2,525
		New York, NY, GO
	30	5.75%, 03/01/2019		31
	1,000	6.25%, 10/15/2028		1,047
		New York, NY, IDA American Airlines JFK International Airport AMT
	1,060	7.13%, 08/01/2011		901
		New York, NY, IDA Terminal One Group Assoc Proj AMT
	1,000	5.50%, 01/01/2024		899
		Seneca Nation Indians Capital Improvement Special Tax
	1,000	5.00%, 12/01/2023 (I)		736
		Ulster County, NY, IDA Kingston Regional Senior Living Proj
	3,975	6.00%, 09/15/2027		3,098
		Utica, NY, IDA Civic Fac Rev, Utica College (Prerefunded with State and Local Gov’t Securities)
	65	6.88%, 12/01/2014		67
		Westchester County, NY, IDA Continuing Care Retirement, Kendal on Hudson Proj
	400	6.38%, 01/01/2024		336

				10,915

		North Carolina — 0.8%
		Raleigh, NC, Medical Care Commission Retirement Fac Rev
	2,000	5.25%, 01/01/2032 (H)		1,323
		Ohio — 0.8%
		Hamilton, OH, School Dist Improvement
	1,270	6.15%, 12/01/2016 #		1,440
		Oklahoma — 0.6%
		Tulsa County, OK, St Francis Health Care System
	1,210	5.00%, 12/15/2029		1,003
		Other U.S. Territories — 0.3%
		Virgin Islands Public FA, Revhovenska Refinery
	750	6.13%, 07/01/2022		584
		Pennsylvania — 2.6%
		Montgomery County, PA, IDA Whitemarsh Continuing Care Proj
	800	6.13%, 02/01/2028 (H)		601

The accompanying notes are an integral part of these financial statements.

271

The Hartford Tax-Free National Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


Principal					Market
Amount					Value (W)

MUNICIPAL BONDS — (continued)

		Pennsylvania — (continued)
		Pennsylvania State Higher Educational FA Rev
$	2,145	5.75%, 07/01/2028			$	1,730
		Pennsylvania Turnpike Commission
	665	6.00%, 06/01/2028				696
		Scranton, PA, Parking Auth
	1,825	5.25%, 06/01/2034				1,578

						4,605

		Rhode Island — 0.6%
		Central Falls, RI, Detention FA Fac Rev
	1,000	6.75%, 01/15/2013				989
		South Carolina — 4.8%
		Lancaster County, SC, Sun City Carolina Lakes Improvement
	750	5.45%, 12/01/2037 (H)				488
		South Carolina Jobs Econ DA Rev
	2,000	4.70%, 04/01/2035 (H)				1,457
		Tobacco Settlement Rev Management Auth
	6,000	6.38%, 05/15/2028				6,382

						8,327

		Tennessee — 0.2%
		McMinn County, TN, IDA PCR Calhoun Newsprint Co Proj
	500	7.63%, 03/01/2016 (H)				282
		Texas — 5.9%
		Brazoria, TX, Brazos River Habor Navigation Dow Chemical Co
	1,500	4.95%, 05/15/2033 #				1,061
		Harris County, TX, Cultural Education Fac Baylor CLG Medicine
	2,145	5.63%, 11/15/2032				1,926
		Houston, TX, Airport System Rev
	1,500	6.75%, 07/01/2021				900
		Maverick County, TX, Public Fac Corp Proj Rev
	490	6.25%, 02/01/2024				388
		North Texas Tollway Auth
	4,000	6.00%, 01/01/2025				3,995
		Travis County, TX, Health Fac, Querencia Barton Creek Project
	1,000	5.65%, 11/15/2035 (H)				705
		Willacy County, TX, Corp Revival Proj (Prerefunded with State & US Gov’t Securities)
	540	6.00%, 03/01/2009				546
		Willacy County, TX, GO
	1,000	6.88%, 09/01/2028				748

						10,269

		Virginia — 3.0%
		James City County, VA, Econ DA Residential Care Fac
	840	5.40%, 07/01/2027 (H)				582
	2,000	5.50%, 07/01/2037 (H)				1,291
		Norfolk, VA, Redev & Housing Auth First Mortgage Retirement Community
	500	6.00%, 01/01/2025 (H)				400
		Peninsula, VA, PA Fac, CSX Transport Proj Rev
	1,000	6.00%, 12/15/2012				941
		Peninsula, VA, Turn Center Community Dev DA
	700	6.45%, 09/01/2037				538
		Virginia Tobacco Settlement Funding Corp (Prerefunded with US Gov’t Securities)
	1,455	5.50%, 06/01/2026				1,518

						5,270

		Washington — 1.4%
		King County, WA, ISD #210 GO
	670	5.00%, 06/01/2019				679
		Washington State Health Care FA Rev
	2,400	6.13%, 08/15/2037				1,792

						2,471

		Wisconsin — 3.5%
		Wisconsin Badger Tobacco Asset Securitization Corp.
	2,800	6.13%, 06/01/2027				2,643
	1,000	6.38%, 06/01/2032				895
		Wisconsin State Health & Educational FA Rev
	2,500	5.50%, 08/15/2023				2,503

						6,041

		Total municipal bonds (cost $187,235)			$	160,212


Shares

SHORT-TERM INVESTMENTS — 5.4%
		Investment Pools and Funds — 5.4%
	9,493	State Street Bank Tax Free Money Market Fund			$	9,493

		Total short-term investments (cost $9,493)			$	9,493

		Total investments (cost $196,728) (C)	97.1	%	$	169,705
		Other assets and liabilities	2.9	%		5,027

		Total net assets	100.0	%	$	174,732


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $196,728 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	1,321
Unrealized Depreciation		(28,344	)

Net Unrealized Depreciation	$	(27,023	)


#		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 Rule 144A under 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 October 31, 2008, was $3,354, which represents 1.92% of total net assets.

The accompanying notes are an integral part of these financial statements.

272


(Q)		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2008 was $1,532.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
06/2006	$	980	Amelia Walk Community Development, 5.50%, 05/01/2037	$	980
05/2007		650	Branson Hills, MO, Infrastructure Fac, 5.50%, 04/01/2027		652
07/2004		1,000	Chicago, IL, Tax Increment Allocation Jr Lien Pilsen Redev B, 6.75%, 06/01/2022		1,000
06/2006		1,000	Colorado Educational & Cultural Fac Auth, Charter School Banning Lewis, 6.13%, 12/15/2035 - 144A		1,000
06/2008		10,000	Detroit, MI, GO, 5.00%, 04/01/2016		9,999
09/2007		700	East Chicago, IN, Industrial Solid Waste Disposal AMT, 5.50%, 09/01/2028		676
11/2007		265	Estrella Mountain Ranch Community GO, 6.20%, 07/15/2032		265
05/2007		1,800	Hampshire, IL, Special Service Area #13, Tuscany Woods Proj, 5.75%, 03/01/2037		1,800
07/2007		800	Hampshire, IL, Special Service Area #16, Prairie Ridge Proj, 6.00%, 03/01/2046		803
09/2007		840	James City County, VA, Econ DA Residential Care Fac, 5.40%, 07/01/2027		817
07/2007		2,000	James City County, VA, Econ DA Residential Care Fac, 5.50%, 07/01/2037		1,986
11/2002		400	Jurupa, CA, Community Services Dist Special Tax Dist #06, 5.88%, 09/01/2032		390
02/2006		750	Lancaster County, SC, Sun City Carolina Lakes Improvement, 5.45%, 12/01/2037		750
07/2007		1,000	Louisiana Public Fac Auth, Susla Fac Inc, 5.75%, 07/01/2039 - 144A		1,007
01/2003		500	McMinn County, TN, IDA PCR Calhoun Newsprint Co Proj, 7.63%, 03/01/2016		496
01/2005		800	Montgomery County, PA, IDA Whitemarsh Continuing Care Proj, 6.13%, 02/01/2028		789
11/2004		500	Norfolk, VA, Redev & Housing Auth First Mortgage Retirement Community, 6.00%, 01/01/2025		496
04/2007		1,000	Pinery West, CO, Metro Dist #2 GO, 4.50%, 12/01/2032		974
05/2007		2,000	Raleigh, NC, Medical Care Commission Retirement Fac Rev, 5.25%, 01/01/2032		1,989
04/2007		1,000	Reata, CO, North Metro Dist GO, 5.50%, 12/01/2032 - 144A		1,000
11/2007		790	Rochester, MN, Health Care Fac Rev, 5.70%, 05/01/2022		790
11/2006		100	Rolling Hills Community Development Dist, 5.45%, 05/01/2037		100
03/2007		965	Round Lake, IL, Special Tax Rev, 4.70%, 03/01/2033		965
11/2004		1,000	San Manuel, CA, Entertainment Auth Public Improvement, 4.50%, 12/01/2016 - 144A		1,000
02/2007		2,000	South Carolina Jobs Econ DA Rev, 4.70%, 04/01/2035		2,000
08/2007		1,000	Travis County, TX, Health Fac, Querencia Barton Creek Project, 5.65%, 11/15/2035		946
09/2007		500	University Square Community Development, 5.88%, 05/01/2038		495
08/2003		947	Yorkville, IL, United City Special Service Area Tax Raintree Village Proj, 6.88%, 03/01/2033		947


		The aggregate value of these securities at October 31, 2008 was $27,866 which represents 15.95% of total net assets. As a result of securities being reclassified from liquid to illiquid, the Fund exceeded its 15% illiquid security limitation (see Note 2k). Consequently, the Fund is temporarily restricted from purchasing additional illiquid securities.


AMT		— Alternative Minimum Tax
DA		— Development Authority
FA		— Finance Authority
FGIC		— Financial Guaranty Insurance Company
GO		— General Obligations
IDA		— Industrial Development Authority Bond
ISD		— Independent School District
PA		— Port Authority
PCR		— Pollution Control Revenue Bond
USD		— United School District


(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.

273

The Hartford Tax-Free New York Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 83.4%
		General Obligations — 1.4%
		New York, NY, GO
$	15	5.75%, 03/01/2019	$	16
		Puerto Rico Commonwealth
	215	5.50%, 07/01/2032		187

				203

		Health Care/Services — 20.1%
		Albany, NY, IDA Civic Fac Rev
	500	5.25%, 11/15/2032		376
		Chemung County, NY, IDA Civic Fac Rev, Arnot Ogden Medical Center
	125	5.00%, 11/01/2034		91
		Genesee County, NY, IDA United Memorial Medical Center Proj
	160	5.00%, 12/01/2032 (H)		103
		Madison County, NY, IDA Civic Fac Rev Oneida Health System
	250	5.50%, 02/01/2032		190
		Nassau County, NY, IDA Continuing Care Retirement, Amsterdam at Harborside Ser A
	500	6.50%, 01/01/2027		415
		New York City Health & Hospital Corp
	500	5.50%, 02/15/2023		476
		New York Dorm Auth, College & University Rev
	150	5.00%, 11/01/2034		109
		New York Dorm Auth, Winthrop South Nassau University
	200	5.50%, 07/01/2023		166
		New York State Dormitory Auth Non State Supported Debt, NYU Hospital Center Ser B
	250	5.63%, 07/01/2037		181
		Suffolk County, NY, Jeffersons Ferry Proj
	500	5.00%, 11/01/2028		360
		Ulster County, NY, IDA Kingston Regional Senior Living Proj
	500	6.00%, 09/15/2027		390
		Westchester County, NY, IDA Continuing Care Retirement, Kendal on Hudson Proj
	100	6.38%, 01/01/2024		84

				2,941

		Higher Education (Univ., Dorms, etc.) — 21.1%
		Albany, NY, Brighter Choice Charter School
	200	5.00%, 04/01/2037		134
		Albany, NY, IDA Civic Fac Rev
	250	5.00%, 07/01/2037		176
		Cattaraugus County, NY, IDR St Bonaventure University
	175	5.10%, 05/01/2031		127
		Erie County, NY, IDA Applied Tech Charter School Proj
	250	6.75%, 06/01/2025		203
		Erie County, NY, IDA Global Concepts Charter School Proj
	500	6.25%, 10/01/2037		384
		New York Dorm Auth, Brooklyn Law School
	250	5.50%, 07/01/2019		239
		New York Dorm Auth, Fordham University FGIC
	80	5.00%, 07/01/2020		80
		New York Dorm Auth, Mount St Mary College
	400	5.00%, 07/01/2027		364
		New York Dorm Auth, Rochester University
	135	5.25%, 07/01/2022		134
		New York Dorm Auth, Upstate Community College
	250	5.25%, 07/01/2021		248
		New York State Dormitory Auth Non State Supported Debt, Orange Regional Med Center
	250	6.13%, 12/01/2029		202
		Otsego County, NY, IDA Civic Fac Rev Hartwick College Proj
	200	6.00%, 07/01/2011		198
		Rensselaer County, NY, Industrial Improvements
	200	5.00%, 01/01/2036		178
		St Lawrence, NY, IDA Civic Fac Rev, Clarkson University Proj
	450	5.00%, 07/01/2023		426

				3,093

		Housing (HFA’S, etc.) — 2.1%
		Puerto Rico Housing FA
	335	5.13%, 12/01/2027		315
		Industrial — 8.4%
		Jefferson County, NY, IDA Waste Disposal
	450	5.20%, 12/01/2020		319
		Liberty, NY, Corp Development Goldman Sachs Headquarters
	200	5.25%, 10/01/2035		161
		Liberty, NY, Development Corp Rev Golman Sachs Headquarters
	200	5.50%, 10/01/2037		167
		New York, NY, IDA American Airlines JFK International Airport AMT
	150	7.13%, 08/01/2011		128
	150	8.00%, 08/01/2012		127
		New York, NY, IDA Terminal One Group Assoc Proj AMT
	150	5.50%, 01/01/2024		135
		Virgin Islands Public FA, Revhovenska Refinery
	250	6.13%, 07/01/2022		195

				1,232

		Miscellaneous — 12.5%
		Nassau County, NY, Tobacco Settlement Corp
	1,000	5.00%, 06/01/2035		732
		New York Tobacco Settlement FA
	400	5.50%, 06/01/2022		391
		New York, NY, IDA Civic Fac Rev, YMCA of Greater NY Proj
	250	5.25%, 08/01/2021		243
		Seneca Nation Indians Capital Improvement Special Tax
	160	5.00%, 12/01/2023 (I)		118
		TSACS, Inc, NY, Tobacco Settlement
	500	5.13%, 06/01/2042		346

				1,830

		Pollution Control — 0.7%
		Onondaga County, NY, IDA PCR
	150	4.88%, 07/01/2041		100

The accompanying notes are an integral part of these financial statements.

274


Principal					Market
Amount					Value (W)

MUNICIPAL BONDS — (continued)
		Prerefunded — 3.3%
		New York Dorm Auth, State University Dorm Fac
$	450	5.00%, 07/01/2032			$	480
		Utica, NY, IDA Civic Fac Rev, Utica College (Prerefunded with State and Local Gov’t Securities)
	10	6.88%, 12/01/2014				10

						490

		Public Facilities — 3.3%
		Rensselaer, NY, School Dist Certificate of Participation
	600	5.00%, 06/01/2036				486
		Tax Allocation — 3.0%
		New York, NY, Transitional FA Future Tax Secured
	450	5.00%, 08/01/2023				445
		Transportation — 2.8%
		New York Metropolitan Transportation Auth
	450	5.13%, 11/15/2031				407
		Utilities — Electric — 1.6%
		New York Energy Research & DA, Elec Fac Rev Adj Long Island Lighting Co Proj
	250	5.30%, 08/01/2025				231
		Utilities — Water and Sewer — 3.1%
		New York Environmental Fac Corp
	450	5.00%, 07/15/2026				448

		Total municipal bonds (cost $14,572)			$	12,221


Shares



SHORT-TERM INVESTMENTS — 11.8%
		Investment Pools and Funds — 11.8%
	1,725	Dreyfus Basic New York Municipal Money Market Fund				1,725

		Total short-term investments (cost $1,725)			$	1,725

		Total investments (cost $16,297) (C)	95.2	%	$	13,946
		Other assets and liabilities	4.8	%		705

		Total net assets	100.0	%	$	14,651


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $16,297 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	28
Unrealized Depreciation		(2,379	)

Net Unrealized Depreciation	$	(2,351	)


(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $118, which represents 0.81% of total net assets.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
04/2007	$	160	Genesee County, NY, IDA United Memorial Medical Center Proj, 5.00%, 12/01/2032	$	158


		The aggregate value of these securities at October 31, 2008 was $103 which represents 0.70% of total net assets.


AMT		— Alternative Minimum Tax
DA		— Development Authority
FA		— Finance Authority
FGIC		— Financial Guaranty Insurance Company
GO		— General Obligations
IDA		— Industrial Development Authority Bond
IDR		— Industrial Development Revenue Bond
PCR		— Pollution Control Revenue Bond


(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.

275

The Hartford Total Return Bond Fund

Schedule of Investments

October 31, 2008

(000’s Omitted)


Principal			Market
Amount			Value (W)

ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 8.9%
		Finance — 8.9%
		Banc of America Commercial Mortgage, Inc.
$	16,555	4.52%, 09/11/2036 (H)(?)	$	258
		Banc of America Securities Automotive Trust
	1,230	4.49%, 02/18/2013 (H)		1,230
		Bayview Commercial Asset Trust
	19,434	7.50%, 09/25/2037 (H)(?)		2,225
		Bayview Financial Acquisition Trust
	1,000	4.89%, 05/28/2037 (H)(L)		280
		Bear Stearns Commercial Mortgage Securities, Inc.
	9,811	4.07%, 07/11/2042 (H)(?)		241
	9,364	4.12%, 11/11/2041 (H)(?)		171
	4,200	4.83%, 11/11/2041		3,426
	2,895	5.33%, 02/11/2044		2,140
	5,480	5.74%, 09/11/2042 (L)		4,115
		CBA Commercial Small Balance Commercial Mortgage — Class X1
	17,239	7.00%, 06/25/2038 (A)(H)(?)		1,269
		CBA Commercial Small Balance Commercial Mortgage — Class X2
	8,565	7.00%, 07/25/2035 (A)(H)(?)		501
		Citigroup Commercial Mortgage Trust
	7,735	5.41%, 10/15/2049		6,163
	3,900	5.72%, 03/15/2049 (L)		3,100
		Citigroup Mortgage Loan Trust, Inc.
	—	0.00%, 01/25/2037 (A)(H)		—
	9,021	5.91%, 07/25/2037 (H)(L)		6,767
	3,475	6.10%, 12/10/2049 (L)		3,016
	318	12.00%, 01/25/2037 (H)		73
		Countrywide Asset-Backed Certificates
	268	5.46%, 07/25/2035		184
		Countrywide Home Loans, Inc.
	10,044	6.00%, 10/25/2037 (H)		7,828
		Credit-Based Asset Servicing and Securitization
	780	3.53%, 05/25/2036 (H)(L)		632
	1,125	5.86%, 04/25/2037		572
		CS First Boston Mortgage Securities Corp.
	418	4.51%, 07/15/2037		395
		Daimler Chrysler Automotive Trust
	900	4.71%, 09/10/2012 (L)		825
		DB Master Finance LLC
	2,600	5.78%, 06/20/2031 (I)		2,185
		First Horizon Mortgage Pass-Through Trust
	9,465	5.83%, 05/25/2037 (H)(L)		7,385
		Ford Credit Floorplan Master Owner Trust
	2,600	4.74%, 06/15/2011 (L)		2,510
		GE Business Loan Trust
	1,801	5.56%, 05/15/2034 (I)(L)		572
	43,162	6.14%, 05/15/2034 (H)(?)		223
		GMAC Commercial Mortgage Securities, Inc.
	8,900	4.86%, 12/10/2041		7,248
		Goldman Sachs Mortgage Securities Corp. II
	23,282	4.38%, 08/10/2038 (H)(?)		148
		Green Tree Financial Corp.
	217	7.24%, 06/15/2028		220
		Greenwich Capital Commercial Funding Corp.
	6,300	5.74%, 12/10/2049 (L)		4,692
	4,140	5.91%, 07/10/2038 (L)		3,302
		JP Morgan Automotive Receivable Trust
	385	12.85%, 03/15/2012 (A)(H)		166
		JP Morgan Chase Commercial Mortgage Securities Corp.
	86,716	4.82%, 08/12/2037 (H)(?)		213
	7,875	5.18%, 12/15/2044 (L)		6,315
	86,626	5.42%, 05/12/2045 (H)(?)		1,532
	4,650	5.47%, 04/15/2043 (L)		3,596
	4,300	5.54%, 12/12/2043 (L)		2,301
	3,040	6.20%, 02/12/2051 (I)(L)		1,486
		LB-UBS Commercial Mortgage Trust
	23,470	5.26%, 09/15/2039 (H)(?)		556
	975	5.45%, 11/15/2038 (L)		518
	2,445	5.48%, 11/15/2038 (L)		1,269
		Lehman Brothers Small Balance Commercial
	859	5.52%, 09/25/2030 (A)(H)		667
	1,100	5.62%, 09/25/2036 (H)		977
		Marlin Leasing Receivables LLC
	2,870	5.33%, 09/16/2013 (I)		2,741
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	21,173	5.27%, 07/12/2046 (H)(?)		565
		Morgan Stanley Capital I
	3,600	4.97%, 04/14/2040		2,980
	3,100	5.23%, 09/15/2042		2,512
	3,500	5.65%, 12/15/2044		2,983
		Morgan Stanley Dean Witter Capital I
	3,432	8.05%, 08/25/2032 (A)(H)(?)		—
		Nationstar Home Equity Loan Trust
	50	9.97%, 03/25/2037 (H)(L)		2
		North Street Referenced Linked Notes
	850	4.52%, 07/30/2010 (H)(L)		468
		Option One Mortgage Loan Trust — Class M6
	875	6.99%, 03/25/2037 (H)		117
		Option One Mortgage Loan Trust — Class M7
	600	6.99%, 03/25/2037 (H)		72
		Option One Mortgage Loan Trust — Class M8
	600	6.99%, 03/25/2037 (H)		69
		Popular ABS Mortgage Pass-Through Trust
	650	4.75%, 12/25/2034		593
	443	5.42%, 04/25/2035 (H)		337
		Renaissance Home Equity Loan Trust
	786	5.36%, 05/25/2035 (H)		578
	1,260	5.75%, 05/25/2036 (H)(L)		1,052
		Renaissance Home Equity Loan Trust — Class M5
	1,550	7.00%, 09/25/2037 (H)		197
		Renaissance Home Equity Loan Trust — Class M8
	1,950	7.00%, 09/25/2037 (H)		179

The accompanying notes are an integral part of these financial statements.

276


Principal			Market
Amount			Value (W)


ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)

		Finance — (continued)
		Soundview NIM Trust
$	85	6.41%, 12/25/2036 (H)	$	2
		Swift Master Automotive Receivables Trust
	4,225	5.21%, 10/15/2012 (H)(L)		3,651
		Wachovia Bank Commercial Mortgage Trust
	7,617	3.65%, 02/15/2041 (H)(?)		131
	417	4.52%, 05/15/2044		392
	2,650	5.42%, 01/15/2045		2,448
	3,000	5.79%, 07/15/2045 (L)		1,927
	685,809	10.00%, 02/15/2051 (H)(?)		1,042
		Wamu Commercial Mortgage Securities Trust
	4,760	6.14%, 03/23/2045 (I)(L)		2,856
		Wells Fargo Alternative Loan Trust
	3,810	6.25%, 11/25/2037 (H)		2,832

		Total asset & commercial mortgage backed securities (cost $159,087)	$	124,218


CORPORATE BONDS: INVESTMENT GRADE — 33.2%
		Basic Materials — 0.5%
		International Paper Co.
$	3,695	7.40%, 06/15/2014	$	3,105
		Kimberly-Clark Corp.
	1,570	7.50%, 11/01/2018		1,594
		Rohm & Haas Holdings
	2,156	5.60%, 03/15/2013		2,062

				6,761

		Capital Goods — 0.5%
		Xerox Corp.
	8,570	6.35%, 05/15/2018		6,280
		Consumer Cyclical — 1.1%
		CRH America, Inc.
	2,030	8.13%, 07/15/2018		1,668
		Home Depot, Inc.
	1,420	5.88%, 12/16/2036		849
		Kroger Co.
	2,700	6.15%, 01/15/2020		2,217
		SABMiller plc
	2,320	5.70%, 01/15/2014 (I)		2,192
		Safeway, Inc.
	3,128	5.80%, 08/15/2012		2,926
		Tesco plc
	4,865	5.50%, 11/15/2017 (I)		3,769
		Wal-Mart Stores, Inc.
	1,130	6.50%, 08/15/2037		1,014

				14,635

		Consumer Staples — 1.5%
		Clorox Co.
	738	5.95%, 10/15/2017		657
		Diageo Capital plc
	3,170	5.50%, 09/30/2016		2,725
		Diageo Finance B.V.
	1,490	5.30%, 10/28/2015		1,295
	4,412	5.50%, 04/01/2013		4,160
		Dr. Pepper Snapple Group
	3,456	6.82%, 05/01/2018 (I)		3,026
		General Mills, Inc.
	1,850	5.70%, 02/15/2017		1,576
		PepsiCo, Inc.
	7,292	7.90%, 11/01/2018		7,693

				21,132

		Energy — 1.2%
		Canadian National Resources Ltd.
	391	6.25%, 03/15/2038		273
	4,175	6.50%, 02/15/2037		3,027
		Consumers Energy Co.
	1,460	5.15%, 02/15/2017		1,152
	1,595	5.38%, 04/15/2013		1,459
		Enterprise Products Operations LLC
	4,122	6.50%, 01/31/2019 (G)		3,339
		Petro-Canada
	4,380	5.95%, 05/15/2035		2,670
		Ras Laffan Liquefied Natural Gas Co., Ltd.
	162	3.44%, 09/15/2009 (I)		160
	4,940	5.30%, 09/30/2020 (I)		4,309
		TNK-BP Finance S.A.
	2,090	7.50%, 03/13/2013 — 07/18/2016 (H)		974

				17,363

		Finance — 12.8%
		ABX Financing Co.
	2,232	6.35%, 10/15/2036 (I)		1,487
		American Capital Strategies Ltd.
	2,597	6.85%, 08/01/2012		2,070
		American Express Co.
	2,547	5.50%, 04/16/2013		2,090
	3,463	5.55%, 10/17/2012		2,888
		American General Finance Corp.
	1,102	3.09%, 08/17/2011 (L)		473
		American Real Estate Partners L.P.
	1,580	7.13%, 02/15/2013		995
		Amvescap plc
	3,110	4.50%, 12/15/2009		3,003
	1,206	5.38%, 02/27/2013		1,120
		Army Hawaii Family Housing Trust Certificates
	915	5.52%, 06/15/2050 (I)		629
		BAE Systems Holdings, Inc.
	3,194	5.20%, 08/15/2015 (I)		2,828
		Bank of America Corp.
	5,350	5.65%, 05/01/2018		4,599
	4,481	8.00%, 01/30/2018 (L)(CC)		3,355
	3,243	8.13%, 05/15/2018 (CC)		2,513
		Berkshire Hathaway Finance Corp.
	1,721	4.60%, 05/15/2013 (I)		1,665
	3,958	5.00%, 08/15/2013 (I)		3,769
		CIT Group, Inc.
	2,750	6.10%, 03/15/2067 (L)		466
		Citigroup, Inc.
	6,610	8.30%, 12/21/2057 (L)		4,538
	6,856	8.40%, 04/30/2018 (L)(CC)		4,766
		Comerica Capital Trust II
	2,270	6.58%, 02/20/2037 (L)		745

The accompanying notes are an integral part of these financial statements.

277

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)

October 31, 2008

(000’s Omitted)


Principal			Market
Amount (B)			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Finance — (continued)
		COX Communications, Inc.
$	2,800	5.45%, 12/15/2014		2,377
	6,819	6.25%, 06/01/2018 (I)		5,564
		Credit Agricole S.A.
	8,409	6.64%, 05/31/2017 (I)(L)(CC)		4,029
		Credit Suisse New York
	2,633	6.00%, 02/15/2018		2,021
		Deutsche Bank AG London
	6,635	4.88%, 05/20/2013		6,183
		Duke Capital LLC
	2,796	6.25%, 02/15/2013 (G)		2,629
		ERAC USA Finance Co.
	2,865	5.60%, 05/01/2015 (I)		2,021
		General Electric Capital Corp.
	3,410	5.63%, 05/01/2018		2,807
	8,175	6.37%, 11/15/2067 (L)		5,286
		Goldman Sachs Capital Trust II
	6,237	5.79%, 06/01/2012 (L)(CC)		2,864
		International Lease Finance Corp.
	1,573	6.38%, 03/25/2013		1,029
		Janus Capital Group, Inc.
	4,470	6.70%, 06/15/2017		2,834
		JP Morgan Chase & Co.
	7,897	7.90%, 04/30/2018 (CC)		6,400
		Lincoln National Corp.
	4,957	6.05%, 04/20/2067		2,280
		Mellon Capital IV
	5,444	6.24%, 06/20/2012 (L)(CC)		3,268
		Metlife, Inc.
	220	5.38%, 12/15/2012		199
		Morgan Stanley
	2,554	5.45%, 01/09/2017		2,041
		National City Bank of Ohio
	800	4.50%, 03/15/2010 (G)		740
		National City Corp.
	4,525	12.00%, 12/10/2012 (CC)		4,122
		Northgroup Preferred Capital Corp.
	2,685	6.38%, 10/15/2017 (H)(L)(CC)		1,549
		NYSE Euronext
	2,445	4.80%, 06/28/2013		2,293
		Oesterreichische Kontrollbank AG
JPY	1,917,000	1.80%, 03/22/2010		19,743
		PNC Preferred Funding Trust II
	9,700	6.11%, 03/15/2012 (I)(L)(CC)		6,734
		Progressive Corp.
	6,440	6.70%, 06/15/2037 (L)		3,835
		Prudential Financial, Inc.
	3,215	5.15%, 01/15/2013		2,759
	6,194	8.88%, 06/15/2038 (L)		3,566
		RBS Capital Trust IV
	5,650	4.56%, 09/30/2014 (L)(CC)		2,545
		Rio Tinto Finance USA Ltd.
	7,735	5.88%, 07/15/2013		6,600
		State Street Capital Trust III
	2,348	8.25%, 03/15/2011 (L)(CC)		2,022
		Travelers Cos, Inc.
	1,723	6.25%, 03/15/2037 (L)		1,027
		Unicredito Italiano Capital Trust
	2,200	9.20%, 10/05/2010 (I)(CC)		1,496
		Unicredito Luxembourg Finance S.A.
	6,680	6.00%, 10/31/2017 (I)		5,148
		UnitedHealth Group, Inc.
	4,066	4.88%, 02/15/2013		3,794
		US Bank Realty Corp.
	4,700	6.09%, 01/15/2012 (I)(L)(CC)		2,209
		USB Capital IX
	1,384	6.19%, 04/15/2011 (L)(CC)		720
		VTB Capital S.A.
	585	6.61%, 10/31/2012 (H)		325
		Wachovia Corp.
	236	7.98%, 03/15/2018 (G)(L)(CC)		178
		Wells Fargo Capital XIII
	5,663	7.70%, 03/26/2013 (L)(CC)		4,630
		Westfield Group
	2,683	5.70%, 10/01/2016 (I)		1,991
		ZFS Finance USA Trust I
	3,725	6.50%, 05/09/2037 (I)(L)		2,012

				177,869

		Foreign Governments — 3.8%
		Bundesobligation
EUR	20,082	3.50%, 04/12/2013		26,071
		El Salvador (Republic of)
	390	7.65%, 06/15/2035 (H)		207
	700	8.50%, 07/25/2011 (H)		595
		United Kingdom Government
GBP	15,440	5.00%, 03/07/2018		25,729

				52,602

		Health Care — 1.1%
		Cardinal Health, Inc.
	2,713	5.50%, 06/15/2013		2,401
		Covidien International Finance S.A.
	4,123	5.45%, 10/15/2012		3,979
		CVS Caremark Corp.
	5,796	6.30%, 06/01/2037 (L)#		4,057
		Glaxosmithkline Capital, Inc.
	3,630	4.85%, 05/15/2013		3,443
	1,754	6.38%, 05/15/2038		1,483

				15,363

		Services — 1.0%
		Comcast Corp.
	2,421	6.30%, 11/15/2017		2,092
	1,280	6.50%, 01/15/2015		1,154
		Mashantucket Western Pequot Revenue Bond
	813	5.91%, 09/01/2021 (H)		702
		News America, Inc.
	1,780	6.15%, 03/01/2037		1,296
		Time Warner Entertainment Co., L.P.
	5,465	8.38%, 07/15/2033		4,832
		Time Warner, Inc.
	1,002	6.50%, 11/15/2036 #		712
		Waste Management, Inc.
	4,684	6.10%, 03/15/2018		3,783

				14,571

		Technology — 5.4%
		Agilent Technologies, Inc.
	1,911	6.50%, 11/01/2017		1,430

The accompanying notes are an integral part of these financial statements.

278


Principal			Market
Amount			Value (W)


CORPORATE BONDS: INVESTMENT GRADE — (continued)

		Technology — (continued)
		AT&T, Inc.
$	3,583	4.95%, 01/15/2013	$	3,317
	7,022	5.50%, 02/01/2018		5,966
	2,870	5.60%, 05/15/2018		2,449
		Cingular Wireless Services, Inc.
	4,780	8.75%, 03/01/2031 #		4,446
		Deutsche Telekom International Finance B.V.
	5,300	6.75%, 08/20/2018		4,418
		Embarq Corp.
	4,731	7.08%, 06/01/2016		3,643
		IBM Corp.
	7,854	6.50%, 10/15/2013		8,080
		Koninklijke Philips Electronics N.V.
	4,698	5.75%, 03/11/2018		3,885
		Oracle Corp.
	1,298	5.75%, 04/15/2018		1,136
	5,522	6.50%, 04/15/2038		4,594
		Rogers Cable, Inc.
	855	8.75%, 05/01/2032		806
		Rogers Communications, Inc.
	5,790	6.80%, 08/15/2018		5,067
		Rogers Wireless, Inc.
	1,332	6.38%, 03/01/2014		1,189
		TCI Communications, Inc.
	685	8.75%, 08/01/2015 #		645
		Telecom Italia Capital
	5,555	7.72%, 06/04/2038		3,780
		Tele-Communications, Inc.
	2,075	7.88%, 08/01/2013		2,019
		Tyco Electronics Group S.A.
	1,467	6.00%, 10/01/2012		1,381
	1,540	6.55%, 10/01/2017		1,282
		Verizon Communications, Inc.
	3,131	5.50%, 02/15/2018 (G)		2,628
	3,364	6.90%, 04/15/2038		2,814
	3,525	8.75%, 11/01/2018		3,603
		Verizon Virginia, Inc.
	4,370	4.63%, 03/15/2013		3,669
		Vodafone Group plc
	3,510	6.15%, 02/27/2037		2,629

				74,876

		Transportation — 0.8%
		American Airlines, Inc.
	1,035	7.86%, 10/01/2011		823
		Canadian Pacific Railway Co.
	1,524	5.75%, 05/15/2013		1,363
	2,520	5.95%, 05/15/2037		1,500
		Continental Airlines, Inc.
	916	6.70%, 06/15/2021		687
	746	8.05%, 11/01/2020		682
		CSX Corp.
	2,380	6.75%, 03/15/2011 (G)		2,297
		Norfolk Southern Corp.
	2,568	5.75%, 04/01/2018		2,211
		Union Pacific Corp.
	2,224	5.70%, 08/15/2018		1,871

				11,434

		Utilities — 3.5%
		AES El Savador Trust
	800	6.75%, 02/01/2016 (H)		578
		CenterPoint Energy Resources Corp.
	4,655	6.13%, 11/01/2017		3,571
	690	6.63%, 11/01/2037		455
		CenterPoint Energy, Inc.
	2,775	6.85%, 06/01/2015		2,304
		Columbus Southern Power Co.
	2,433	6.05%, 05/01/2018		2,025
		Commonwealth Edison Co.
	1,866	5.80%, 03/15/2018		1,531
		Detroit Edison Co.
	565	6.13%, 10/01/2010		559
		Duke Energy Corp.
	1,280	5.25%, 01/15/2018		1,131
	1,339	6.35%, 08/15/2038 (G)		1,117
		E.On International Finance
	5,660	5.80%, 04/30/2018 (I)		4,832
		Enbridge Energy Partners
	2,106	6.50%, 04/15/2018		1,754
		Florida Power Corp.
	1,152	5.80%, 09/15/2017		1,038
		Kinder Morgan Energy Partners L.P.
	2,175	6.50%, 02/01/2037		1,510
		NGPL Pipeco LLC
	2,509	6.51%, 12/15/2012 (I)		2,333
		Northeast Utilities
	1,450	5.65%, 06/01/2013		1,368
		Northern States Power Co.
	1,170	6.25%, 06/01/2036		976
		Pacific Gas & Electric Co.
	1,655	5.63%, 11/30/2017		1,426
		Pacific Gas & Electric Energy Recovery Funding LLC
	1,875	8.25%, 10/15/2018		1,909
		PSEG Power
	1,287	5.00%, 04/01/2014		1,047
		Public Service Co. of Colorado
	3,112	6.50%, 08/01/2038		2,708
		Puget Sound Energy, Inc.
	630	7.96%, 02/22/2010		639
		Southern California Edison Co.
	4,941	5.75%, 03/15/2014		4,881
		Taqa Abu Dhabi National Energy Co.
	3,350	5.62%, 10/25/2012 (I)		2,804
		TransCanada Pipelines Ltd.
	5,299	7.25%, 08/15/2038		4,200
		Virginia Electric & Power Co.
	1,627	5.10%, 11/30/2012		1,483
		Westar Energy, Inc.
	250	5.15%, 01/01/2017		207

				48,386

		Total corporate bonds: investment grade (cost $564,951)	$	461,272


CORPORATE BONDS: NON-INVESTMENT GRADE — 2.7%
		Basic Materials — 0.2%
		Evraz Group S.A.
$	1,100	8.88%, 04/24/2013 (H)	$	473
		Potlatch Corp.
	1,900	13.00%, 12/01/2009 (H)(L)		2,046

The accompanying notes are an integral part of these financial statements.

279

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)

October 31, 2008

(000’s Omitted)


Principal			Market
Amount (B)			Value (W)


CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)

		Basic Materials — (continued)
		Vedanta Resources plc
$	1,700	8.75%, 01/15/2014 (H)	$	833

				3,352

		Capital Goods — 0.1%
		Bombardier, Inc.
	1,230	6.30%, 05/01/2014 (I)		978
		Consumer Cyclical — 0.2%
		Parkson Retail Group Ltd.
	1,400	7.88%, 11/14/2011 (H)		980
		Supervalu, Inc.
	2,150	7.50%, 11/15/2014		1,763

				2,743

		Consumer Staples — 0.2%
		Arantes International
	1,700	10.25%, 06/19/2013 (H)		680
		MHP S.A.
	1,555	10.25%, 11/30/2011 (H)		700
		Sino-Forest Corp.
	1,429	9.13%, 08/17/2011 (H)		886

				2,266

		Energy — 0.2%
		Noble Group Ltd.
	1,600	6.63%, 03/17/2015 (H)		720
		Range Resources Corp.
	2,475	7.38%, 07/15/2013		2,159

				2,879

		Finance — 0.3%
		Citigroup (JSC Severstal)
	1,250	9.25%, 04/19/2014 (H)		541
		Drummond Co., Inc.
	970	7.38%, 02/15/2016 (H)		664
		Kazkommerts International B.V.
	212	8.00%, 11/03/2015 (H)		91
		LPL Holdings, Inc.
	1,510	10.75%, 12/15/2015 (H)		1,057
		Oceanografia S.A. de C.V.
	1,640	11.25%, 07/15/2015 (G)(H)		1,115
		RBS-Zero Hora Editora Journalistica
BRL	1,000	11.25%, 06/15/2017 (H)		247
		TuranAlem Finance B.V.
	250	7.75%, 04/25/2013 (H)		83

				3,798

		Foreign Governments — 0.1%
		Argentina (Republic of)
	1,120	7.00%, 10/03/2015 (H)		222
		Venezuela (Republic of)
	1,795	5.06%, 04/20/2011 (K)(L)		1,202

				1,424

		Health Care — 0.1%
		HCA, Inc.
	2,635	9.25%, 11/15/2016		2,240
		Services — 0.4%
		Clear Channel Communications, Inc.
	2,200	7.65%, 09/15/2010	$	1,661
		Dex Media West LLC, Inc.
	1,980	9.88%, 08/15/2013		743
		DirecTV Holdings LLC
	1,910	7.63%, 05/15/2016 (I)		1,604
		MGM Mirage, Inc.
	1,830	6.75%, 04/01/2013		1,144

				5,152

		Technology — 0.8%
		Advanced Micro Devices, Inc.
	2,200	6.00%, 05/01/2015 (I)(X)		731
		Charter Communications Operating LLC
	1,725	8.00%, 04/30/2012 (I)		1,328
		CSC Holdings, Inc.
	1,385	7.63%, 04/01/2011		1,274
		Intelsat Bermuda Ltd.
	3,500	9.25%, 06/15/2016 (H)		2,818
		Intelsat Corp.
	2,500	9.25%, 06/15/2016 (I)		2,075
		Vimpelcom
	2,550	8.38%, 04/30/2013 (H)		1,530
		Windstream Corp.
	1,560	8.63%, 08/01/2016		1,178

				10,934

		Transportation — 0.0%
		Grupo Senda Autotransporte
	740	10.50%, 10/03/2015 (H)		696
		Utilities — 0.1%
		Edison Mission Energy
	45	7.50%, 06/15/2013		38
		NRG Energy, Inc.
	1,295	7.25%, 02/01/2014		1,133
		Rede Empresas De Energia
	745	11.13%, 04/02/2012 (H)(CC)		291

				1,462

		Total corporate bonds: non-investment grade (cost $55,399)	$	37,924


MUNICIPAL BONDS — 0.1%
		General Obligations — 0.1%
		Oregon School Boards Association, Taxable Pension
$	1,250	4.76%, 06/30/2028	$	1,031

		Total municipal bonds (cost $1,250)	$	1,031


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 5.4%
		Basic Materials — 0.7%
		Cenveo, Inc.
$	1,320	4.95%, 06/21/2013 — 03/16/2014 (N)	$	963
		Georgia-Pacific Corp.
	1,971	4.65%, 12/20/2012 (N)		1,639
		Goodyear Tire & Rubber Co.
	775	4.78%, 04/30/2014 (N)		546

The accompanying notes are an integral part of these financial statements.

280


Principal			Market
Amount			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Basic Materials — (continued)
		Graham Packaging Co., Inc.
$	1,757	5.74%, 04/03/2014 (N)	$	1,413
		Graphic Packaging Corp.
	307	5.75%, 08/08/2010 (N)		248
		Hexion Specialty Chemicals
	731	5.06%, 05/05/2013 (N)		505
		Huntsman International LLC
	1,356	4.97%, 04/19/2014 (N)		1,180
		Ineos Group
	503	5.95%, 12/16/2014 (N)		299
	503	6.45%, 02/01/2013 (N)		301
		Jarden Corp.
	1,553	6.26%, 01/24/2012 (N)		1,293
		John Maneely Co.
	1,207	7.66%, 12/08/2013 (N)		859
		Novelis, Inc., Canadian Term Loan
	255	5.77%, 07/06/2014 (N)		176
		Novelis, Inc., U.S. Term Loan
	561	5.77%, 07/06/2014 (N)		387

				9,809

		Capital Goods — 0.1%
		Yankee Candle Co.
	785	5.76%, 02/06/2014 (N)		553
		Consumer Cyclical — 0.7%
		AM General LLC
	905	5.59%, 09/30/2013 (AA)		606
		American General Finance Corp.
	37	6.19%, 09/30/2012 (N)		25
		Aramark Corp.
	88	4.32%, 01/26/2014 (AA)		74
	1,410	5.64%, 01/26/2014 (N)		1,178
		Delphi Corp.
	980	7.25%, 01/15/2009 (F)(N)		829
		Dollarama Group L.P.
	658	5.17%, 11/18/2011 (AA)(Q)		507
		Ford Motor Co.
	5,955	7.59%, 12/16/2013 (N)		3,251
		Lear Corp.
	627	5.75%, 04/25/2012 (N)		405
		Michaels Stores, Inc.
	770	5.46%, 10/31/2013 (N)		446
		Oshkosh Truck Corp.
	345	5.38%, 12/06/2011 (N)		239
		Roundy’s Supermarkets, Inc.
	1,200	5.87%, 11/03/2011 (N)		954
		William Carter Co.
	1,251	4.76%, 07/14/2012 (N)		1,032

				9,546

		Consumer Staples — 0.3%
		Dole Food Co., Inc.
	52	4.69%, 04/12/2013 (N)		37
	92	5.28%, 04/12/2013 (N)		65
	378	5.93%, 04/12/2013 (N)		270
		WM Wrigley Jr. Co.
	4,270	7.75%, 08/12/2014 (N)		4,043

				4,415

		Energy — 0.1%
		Lyondell Chemical Co.
	2,399	8.04%, 12/22/2014 (N)		1,418
		Finance — 0.4%
		Brickman Group Holdings, Inc.
	1,188	5.12%, 01/23/2014 (H)(N)		911
		Chrysler Financial Services NA
	926	6.82%, 08/03/2012 (N)		621
		Community Health Systems, Inc.
	139	2.25%, 07/25/2014 (AA)(Q)		112
	2,721	5.16%, 07/25/2014 (N)		2,197
		Crescent Resources LLC
	1,428	4.50%, 09/07/2012 (N)		482
		General Growth Properties, Inc.
	657	5.74%, 02/24/2010 (N)		209
		Golden Gate National
	1,258	6.52%, 03/14/2011 (N)(Q)		1,032

				5,564

		Health Care — 0.6%
		Carestream Health, Inc.
	1,187	5.43%, 04/30/2013 (N)		758
		HCA, Inc.
	965	5.26%, 11/17/2012 (N)		813
	2,052	6.01%, 11/17/2013 (N)		1,692
		HealthSouth Corp.
	647	5.50%, 03/10/2013 (N)		536
		IASIS Healthcare Capital Corp.
	66	4.48%, 03/15/2014 (AA)		53
	965	5.12%, 01/15/2014 — 03/15/2014 (N)		775
		Invitrogen Corp.
	1,779	6.26%, 09/30/2015 (AA)(Q)		1,644
		Skilled Healthcare Group, Inc.
	1,696	5.25%, 06/15/2012 (N)		1,357
		Vanguard Health Holdings Co. II LLC
	938	5.74%, 09/23/2011 (N)(Q)		794

				8,422

		Services — 1.1%
		Affinion Group, Inc.
	765	5.32%, 10/17/2012 (N)		593
		Cedar Fair L.P.
	1,240	5.12%, 07/21/2013 (N)		905
		Cengage
	1,057	5.62%, 07/05/2014 (N)		782
		CSC Holdings, Inc.
	1,384	4.57%, 03/29/2013 (N)		1,175
		Emdeon Business Services LLC
	179	5.76%, 11/16/2013 (N)		131
		Gray Television, Inc.
	631	5.04%, 12/31/2014 (N)		297
		Harrah’s Entertainment, Inc.
	955	6.54%, 01/28/2015 (N)		647
		Idearc, Inc.
	2,215	4.62%, 11/17/2013 (N)		992
	1,120	5.74%, 11/17/2014 (N)		465
		inVentiv Health, Inc.
	599	5.52%, 07/07/2014 (N)		477
		Las Vegas Sands Corp.
	351	5.52%, 05/23/2014 (N)		200

The accompanying notes are an integral part of these financial statements.

281

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)

October 31, 2008

(000’s Omitted)


Principal			Market
Amount			Value (W)


SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)

		Services — (continued)
		Las Vegas Sands Corp., Delayed Draw Term Loan 1
$	71	5.52%, 05/23/2014 (N)	$	40
		Metavante Corp.
	954	4.55%, 11/01/2014 (N)		759
		MGM Mirage, Inc.
	1,364	5.14%, 10/03/2011 (H)(N)		876
		R.H. Donnelley, Inc.
	1,241	6.85%, 06/30/2011 (N)		796
		Regal Cinemas, Inc.
	1,325	5.26%, 10/27/2013 (N)		993
		SunGard Data Systems, Inc.
	1,453	4.55%, 02/28/2014 (N)		1,109
		Tribune Co.
	822	9.00%, 12/20/2015 (H)(N)		80
		UPC Financing Partnership
	1,447	5.47%, 12/31/2014 (N)		981
		Venetian Macau Ltd.
	132	6.02%, 05/25/2012 (N)(Q)		83
		Venetian Macau Ltd., Term Loan
	228	6.02%, 05/25/2013 (N)(Q)		144
		West Corp.
	1,826	5.40%, 10/24/2013 (N)		1,162
		WideOpenWest Finance LLC
	2,733	10.93%, 06/29/2015 (H)(N)		1,366

				15,053

		Technology — 0.7%
		Alltel Corp.
	2,162	5.32%, 05/18/2015 (N)(Q)		2,053
		Charter Communications Operating LLC
	804	5.31%, 04/28/2013 (N)		594
		Intelsat Bermuda Ltd., Term Loan B 2A
	935	6.65%, 01/03/2014 (N)		773
		Intelsat Bermuda Ltd., Term Loan B 2B
	935	6.65%, 01/03/2014 (N)		773
		Intelsat Bermuda Ltd., Term Loan B 2C
	935	6.65%, 01/03/2014 (N)		773
		Leap Wireless International, Inc.
	953	7.26%, 06/17/2013 (N)		803
		Mediacom Broadband LLC
	391	5.25%, 01/31/2015 (N)		281
		Mediacom Broadband LLC, Term Loan D1
	1,531	5.25%, 01/31/2015 (N)		1,102
		MetroPCS Wireless, Inc.
	1,335	5.18%, 11/04/2013 (N)		1,089
		Time Warner Telecom Holdings, Inc.
	1,619	5.12%, 07/01/2013 (N)		1,287

				9,528

		Utilities — 0.7%
		Astoria Generating Co. Acquisitions LLC
	390	6.96%, 08/23/2013 (N)		263
		Calpine Corp.
	3,985	6.65%, 03/29/2014 (N)(Q)		3,177
		Mirant North America LLC
	577	4.87%, 01/03/2013 (N)		475
		NRG Energy, Inc.
	1,242	3.66%, 02/01/2013 (N)		1,084
	2,529	5.26%, 06/08/2013 (N)		2,207
		Texas Competitive Electric Holdings Co. LLC
	792	6.44%, 10/12/2014 (N)		620
	2,817	6.66%, 10/10/2014 (N)		2,206

				10,032

		Total senior floating rate interests: non-investment grade (cost $96,600)	$	74,340


U.S. GOVERNMENT AGENCIES — 30.6%
		Federal Home Loan Mortgage Corporation — 12.4%
		Mortgage Backed Securities:
$	2,276	5.03%, 2035 (L)	$	2,282
	5,330	5.33%, 2037 (L)		5,399
	6,628	5.39%, 2037 (L)		6,688
	2,201	5.44%, 2036 (L)		2,214
	735	5.46%, 2036 (L)		740
	23,566	5.50%, 2037		22,826
	1,165	5.82%, 2036 (L)		1,184
	75,125	6.00%, 2023 — 2038		75,097
	47,896	6.50%, 2036 — 2038		48,574

				165,004

		Remic — Pac’s:
	8,425	5.00%, 2034		7,889

				172,893

		Federal National Mortgage Association — 14.9%
		Mortgage Backed Securities:
	538	4.66%, 2034 (L)		535
	612	4.68%, 2035 (L)		614
	1,555	4.69%, 2035 (L)		1,556
	1,249	4.75%, 2035 (L)		1,255
	431	4.79%, 2035 (L)		436
	552	4.86%, 2035 (L)		554
	763	4.87%, 2035 (L)		761
	1,452	4.94%, 2035 (L)		1,458
	59,263	5.00%, 2018 — 2034		56,776
	1,151	5.08%, 2035 (L)		1,149
	19,098	5.27%, 2038		19,231
	46,955	5.50%, 2017 — 2037		45,885
	5,192	6.00%, 2013 — 2033		5,217
	67,924	6.50%, 2031 — 2038		68,889
	1,938	7.00%, 2037		2,003
	228	7.50%, 2029 — 2031		241

				206,560

		Government National Mortgage Association — 2.6%
		Mortgage Backed Securities:
	10,283	5.50%, 2033 — 2038		10,101
	22,997	6.00%, 2032 — 2037		23,010
	2,547	6.50%, 2028 — 2032		2,587

				35,698

The accompanying notes are an integral part of these financial statements.

282


Principal					Market
Amount					Value (W)


U.S. GOVERNMENT AGENCIES — (continued)
		Other Government Agencies — 0.7%
		Small Business Administration Participation Certificates:
$	5,067	5.56%, 2027			$	5,031
	5,279	5.57%, 2027				5,220

						10,251

		Total U.S. government agencies (cost $431,093)			$	425,402


U.S. GOVERNMENT SECURITIES — 12.7%
		U.S. Treasury Securities — 12.7%
		U.S. Treasury Bonds:
$	15,353	4.38%, 2038 (G)			$	15,398
		U.S. Treasury Notes:
	95,841	2.75%, 2013				95,519
	15,818	2.88%, 2010 (G)				16,180
	17,412	3.13%, 2013				17,695
	31,320	4.00%, 2018 (G)				31,362

						160,756

		Total U.S. government securities (cost $176,419)			$	176,154


Shares

PREFERRED STOCK — 0.0%
		Banks — 0.0%
	85	Federal Home Loan Mortgage Corp.			$	132

		Total preferred stock (cost $2,139)			$	132

		Total long-term investments (cost $1,486,938)			$	1,300,473
SHORT-TERM INVESTMENTS — 6.1%
		Investment Pools and Funds — 0.0%
	761	State Street Bank Money Market Fund			$	761


Principal
Amount

		Repurchase Agreements — 3.3%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $23,221, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $23,629)
$	23,221	0.15% dated 10/31/2008				23,221
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $18,713, collateralized by U.S. Treasury Note 4.13%, 2012, value of $19,088)
	18,713	0.10% dated 10/31/2008				18,713
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $3,757, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $3,814)
	3,756	0.08% dated 10/31/2008				3,756

						45,690

					Market
Shares					Value (W)

		Securities Purchased with Proceeds from Security Lending — 2.6%
		Cash Collateral Reinvestment Fund:
	36,651	State Street Navigator Securities Lending Prime Portfolio			$	36,651


Principal
Amount

		U.S. Treasury Bills — 0.2%
$	2,300	0.97%, 01/15/2009 (M)(S)				2,298

		Total short-term investments (cost $85,394)			$	85,400

		Total investments (cost $1,572,332) (C)	99.7	%	$	1,385,873
		Other assets and liabilities	0.3	%		3,892

		Total net assets	100.0	%	$	1,389,765


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 12.95% of total net assets at October 31, 2008.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $1,573,416 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	5,294
Unrealized Depreciation		(192,837	)

Net Unrealized Depreciation	$	(187,543	)


#		This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $2,603, which represents 0.19% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(AA)		The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2008.

(CC)		Perpetual maturity security. Maturity date shown is the first call date.

(G)		Security is partially on loan at October 31, 2008.

(F)		The company is in bankruptcy. The investment held by the fund is not in default.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $81,563, which represents 5.87% 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 October 31, 2008, the

The accompanying notes are an integral part of these financial statements.

283

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)

October 31, 2008

(000’s Omitted)


		market value of these securities amounted to $1,202 or 0.09% of net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(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 October 31, 2008.

(?)		The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2008.

(Q)		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2008 was $6,552.

(V)		Senior floating rate interests 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 October 31, 2008.

(X)		Convertible security.

(B)		All principal amounts are in U.S. dollars unless otherwise indicated.


BRL		— Brazilian Real
EUR		— Euro
GBP		— British Pound
JPY		— Japanese Yen


(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
06/2008	$	800	AES El Savador Trust, 6.75%, 02/01/2016 - Reg S	$	733
06/2008 – 08/2008		1,700	Arantes International, 10.25%, 06/19/2013 - 144A		1,626
04/2008 – 05/2008		1,120	Argentina (Republic of), 7.00%, 10/03/2015		823
03/2005		16,555	Banc of America Commercial Mortgage, Inc., 4.52%, 09/11/2036 - 144A		255
08/2006		1,230	Banc of America Securities Automotive Trust, 4.49%, 02/18/2013		1,228
08/2007		19,434	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		2,691
04/2007		1,000	Bayview Financial Acquisition Trust, 4.89%, 05/28/2037		1,000
10/2004		9,811	Bear Stearns Commercial Mortgage Securities, Inc., 4.07%, 07/11/2042		230
12/2004		9,364	Bear Stearns Commercial Mortgage Securities, Inc., 4.12%, 11/11/2041		174
04/2008		1,188	Brickman Group Holdings, Inc., 5.12%, 01/23/2014		1,099
04/2006 – 08/2007		17,239	CBA Commercial Small Balance Commercial Mortgage — Class X1, 7.00%, 06/25/2038 - 144A		731
04/2006		8,565	CBA Commercial Small Balance Commercial Mortgage — Class X2, 7.00%, 07/25/2035 - 144A		464
01/2007		1,250	Citigroup (JSC Severstal), 9.25%, 04/19/2014 - Reg S		1,340
02/2007		—	Citigroup Mortgage Loan Trust, Inc., 0.00%, 01/25/2037 - 144A		—
08/2007		9,021	Citigroup Mortgage Loan Trust, Inc., 5.91%, 07/25/2037		9,002
02/2007 – 10/2008		318	Citigroup Mortgage Loan Trust, Inc., 12.00%, 01/25/2037 - 144A		562
08/2007		10,044	Countrywide Home Loans, Inc., 6.00%, 10/25/2037		9,862
07/2007		780	Credit-Based Asset Servicing and Securitization, 3.53%, 05/25/2036 - 144A		763
08/2008		970	Drummond Co., Inc., 7.38%, 02/15/2016 - 144A		849
05/2008		390	El Salvador (Republic of), 7.65%, 06/15/2035 - Reg S		420
09/2007 – 11/2007		700	El Salvador (Republic of), 8.50%, 07/25/2011 - Reg S		749
04/2008 – 06/2008		1,100	Evraz Group S.A., 8.88%, 04/24/2013 - 144A		1,112
05/2007		9,465	First Horizon Mortgage Pass-Through Trust, 5.83%, 05/25/2037		9,486
06/2006		43,162	GE Business Loan Trust, 6.14%, 05/15/2034 - 144A		226
07/2004		23,282	Goldman Sachs Mortgage Securities Corp. II, 4.38%, 08/10/2038 - 144A		145
05/2008		740	Grupo Senda Autotransporte, 10.50%, 10/03/2015 - 144A		739
06/2006 – 06/2007		3,500	Intelsat Bermuda Ltd., 9.25%, 06/15/2016		3,668
03/2007		385	JP Morgan Automotive Receivable Trust, 12.85%, 03/15/2012		385
03/2005		86,716	JP Morgan Chase Commercial Mortgage Securities Corp., 4.82%, 08/12/2037		176
09/2006		86,626	JP Morgan Chase Commercial Mortgage Securities Corp., 5.42%, 05/12/2045		1,630
09/2006		212	Kazkommerts International B.V., 8.00%, 11/03/2015 - 144A		214
09/2006		23,470	LB-UBS Commercial Mortgage Trust, 5.26%, 09/15/2039		600
10/2005		859	Lehman Brothers Small Balance Commercial, 5.52%, 09/25/2030 - 144A		859
09/2006		1,100	Lehman Brothers Small Balance Commercial, 5.62%, 09/25/2036 - 144A		1,100
10/2007 – 08/2008		1,510	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		1,505
07/2005		813	Mashantucket Western Pequot Revenue Bond, 5.91%, 09/01/2021 - 144A		813

The accompanying notes are an integral part of these financial statements.

284


Period
Acquired	Par		Security	Cost Basis
09/2006	$	21,173	Merrill Lynch/Countrywide Commercial Mortgage Trust, 5.27%, 07/12/2046	$	605
01/2007		1,364	MGM Mirage, Inc., 5.14%, 10/03/2011		1,352
11/2006		1,555	MHP S.A., 10.25%, 11/30/2011 - 144A		1,559
04/2005 – 08/2006		3,432	Morgan Stanley Dean Witter Capital I, 8.05%, 08/25/2032 - Reg D		84
04/2007		50	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		50
07/2008 – 08/2008		1,600	Noble Group Ltd., 6.63%, 03/17/2015 - 144A		1,388
11/2006		850	North Street Referenced Linked Notes, 4.52%, 07/30/2010 - 144A		784
05/2007		2,685	Northgroup Preferred Capital Corp., 6.38%, 10/15/2017 - 144A		2,685
07/2008 – 08/2008		1,640	Oceanografia S.A. de C.V., 11.25%, 07/15/2015 - 144A		1,624
03/2007		875	Option One Mortgage Loan Trust — Class M6, 6.99%, 03/25/2037		847
03/2007		600	Option One Mortgage Loan Trust — Class M7, 6.99%, 03/25/2037		526
03/2007		600	Option One Mortgage Loan Trust — Class M8, 6.99%, 03/25/2037		480
10/2007 – 08/2008		1,400	Parkson Retail Group Ltd., 7.88%, 11/14/2011		1,429
03/2005		443	Popular ABS Mortgage Pass-Through Trust, 5.42%, 04/25/2035		443
10/2001 – 11/2001		1,900	Potlatch Corp., 13.00%, 12/01/2009		1,929
10/2007		1,000	RBS-Zero Hora Editora Journalistica, 11.25%, 06/15/2017 - Reg S		519
04/2008 – 06/2008		745	Rede Empresas De Energia, 11.13%, 04/02/2012 - 144A		724
03/2005		786	Renaissance Home Equity Loan Trust, 5.36%, 05/25/2035		786
03/2006		1,260	Renaissance Home Equity Loan Trust, 5.75%, 05/25/2036		1,260
08/2007		1,550	Renaissance Home Equity Loan Trust — Class M5, 7.00%, 09/25/2037		1,178
08/2007		1,950	Renaissance Home Equity Loan Trust — Class M8, 7.00%, 09/25/2037		1,099
06/2008		1,429	Sino-Forest Corp., 9.13%, 08/17/2011 - Reg S		1,461
02/2007		85	Soundview NIM Trust, 6.41%, 12/25/2036 - 144A		85
10/2007		4,225	Swift Master Automotive Receivables Trust, 5.21%, 10/15/2012		4,225
07/2006 – 06/2008		2,090	TNK-BP Finance S.A., 7.50%, 03/13/2013 — 07/18/2016 - 144A		2,069
05/2007		822	Tribune Co., 9.00%, 12/20/2015		822
09/2007 – 10/2007		250	TuranAlem Finance B.V., 7.75%, 04/25/2013 - Reg S		222
06/2008 – 08/2008		1,700	Vedanta Resources plc, 8.75%, 01/15/2014 — 144A		1,702
04/2008 – 06/2008		2,550	Vimpelcom, 8.38%, 04/30/2013 - 144A		2,557
05/2008		585	VTB Capital S.A., 6.61%, 10/31/2012 - Reg S		583
02/2004		7,617	Wachovia Bank Commercial Mortgage Trust, 3.65%, 02/15/2041 - 144A		115
08/2007 – 10/2007		685,809	Wachovia Bank Commercial Mortgage Trust, 10.00%, 02/15/2051		1,032
03/2008		3,810	Wells Fargo Alternative Loan Trust, 6.25%, 11/25/2037		3,071
06/2007 – 10/2008		2,733	WideOpenWest Finance LLC, 10.93%, 06/29/2015		2,646


		The aggregate value of these securities at October 31, 2008 was $69,472 which represents 5.00% of total net assets.

(S)		Security pledged as initial margin deposit for open futures contracts at October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

2 Year U.S. Treasury Note

619

Long

Dec 2008

1,676

5 Year U.S. Treasury Note

135

Long

Dec 2008

(24

)

10 Year U.S. Treasury Note

946

Short

Dec 2008

1,882

U.S. Long Bond

495

Long

Dec 2008

(2,022

)

1,512


		* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Sell)	$	25,605	$	28,424		12/17/08	$	2,819
Euro (Buy)		13,978		14,725		01/07/09		(747	)
Euro (Sell)		25,376		27,727		01/07/09		2,351
Euro (Buy)		14,077		14,206		01/08/09		(129	)
Euro (Sell)		27,125		28,457		01/08/09		1,332
Japanese Yen (Buy)		5,388		5,359		11/20/08		29
Japanese Yen (Buy)		39,691		40,282		11/20/08		(591	)
Japanese Yen (Sell)		35,338		36,671		11/20/08		1,333
Japanese Yen (Sell)		15,282		15,271		11/20/08		(11	)

							$	6,386


(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.

285

The Hartford U.S. Government Securities Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 5.1%
		Finance — 5.1%
		Bayview Commercial Asset Trust
$	12,190	7.00%, 07/25/2037 (H)(?)	$	1,207
	6,735	7.50%, 09/25/2037 (H)(?)		771
		Bayview Financial Acquisition Trust
	2,100	4.89%, 05/28/2037 (H)(L)		588
		CBA Commercial Small Balance Commercial Mortgage
	370	6.09%, 07/25/2039 (H)(L)		209
	390	6.50%, 07/25/2039 (H)(L)		152
	8,540	7.25%, 07/25/2039 (H)(?)		811
		Countrywide Asset-Backed Certificates
	2,000	5.76%, 06/25/2035		584
	1,993	5.80%, 07/25/2034		1,158
		Lehman XS Trust
	1,761	6.50%, 05/25/2037 (H)(L)		1,629
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	4,000	5.46%, 07/12/2046 (L)		2,486
		Nationstar Home Equity Loan Trust
	34	9.97%, 03/25/2037 (H)(L)		1
		North Street Referenced Linked Notes
	500	4.52%, 07/30/2010 (H)(L)		275
		Option One Mortgage Loan Trust
	1,000	6.99%, 03/25/2037 (H)		119
		Renaissance Home Equity Loan Trust
	1,430	7.00%, 09/25/2037 (H)		209
	1,080	7.50%, 04/25/2037 — 06/25/2037 (H)		66
		Spirit Master Funding LLC
	1,903	5.76%, 03/20/2024 (H)		1,161
		Wamu Commercial Mortgage Securities Trust
	3,000	6.14%, 03/23/2045 (I)(L)		1,800

		Total asset & commercial mortgage backed securities (cost $24,423)	$	13,226


CORPORATE BONDS: INVESTMENT GRADE — 1.9%
		Finance — 1.9%
		Federal National Mortgage Association
$	5,000	2.88%, 10/12/2010 (G)	$	4,982

		Total corporate bonds: investment grade (cost $4,992)	$	4,982


U.S. GOVERNMENT AGENCIES — 59.4%
		Federal Home Loan Mortgage Corporation — 13.0%
		Mortgage Backed Securities:
$	8,870	6.00%, 2032 — 2037	$	8,863
	48	7.00%, 2029 — 2031		49
	70	9.00%, 2022		77
	38	11.50%, 2015 — 2019		39
	6	11.75%, 2011		6
	4	12.50%, 2019		4

				9,038

		Remic — Pac’s:
	24,263	6.00%, 2032		24,515

				33,553

		Federal National Mortgage Association — 37.2%
		Mortgage Backed Securities:
	8,408	5.49%, 2036 (L)		8,528
	13,944	5.50%, 2015 — 2037		13,576
	4,264	5.98%, 2037 (L)		4,409
	1,517	6.00%, 2016 — 2031		1,531
	1,247	6.01%, 2009		1,243
	39,527	6.50%, 2013 — 2038		40,016
	17	7.50%, 2030		18
	14	8.00%, 2025		15
	46	8.50%, 2022		50
	8	9.75%, 2020		9
	42	10.00%, 2020		47
	25	10.50%, 2012 — 2018		29
	94	11.00%, 2015 — 2020		104
	4	11.25%, 2013		4
	3	11.50%, 2015		4
	13	12.00%, 2014		15
	45	12.50%, 2015		50

				69,648

		Notes:
	15,000	4.14%, 2015 (G)		14,529
	10,500	6.25%, 2029		11,272

				25,801

		Remic — Pac’s:
	512	6.50%, 2012		526

				95,975

		Government National Mortgage Association — 1.7%
		Mortgage Backed Securities:
	306	6.00%, 2034		306
	2,653	6.50%, 2031 — 2032		2,693
	27	7.00%, 2030		28
	85	8.00%, 2022		91
	289	9.50%, 2016 — 2019		318
	11	11.00%, 2015 — 2018		13

				3,449

		Remic — Pac’s:
	880	6.50%, 2031		900

				4,349

		Other Government Agencies — 7.5%
		Small Business Administration Participation Certificates:
	954	5.35%, 2026		943
	3,754	5.57%, 2027		3,712
	2,088	5.66%, 2022		2,112
	1,653	5.70%, 2026		1,667
	940	5.78%, 2021		955
	3,179	5.82%, 2026		3,218
	2,268	5.98%, 2022		2,314
	2,086	6.07%, 2026		2,133
	2,127	6.14%, 2022		2,181

				19,235

		Total U.S. government agencies (cost $154,482)	$	153,112


U.S. GOVERNMENT SECURITIES — 8.0%
		U.S. Treasury Securities — 8.0%
		U.S. Treasury Notes:
$	11,000	2.75%, 2013 (G)	$	11,152
	5,000	3.25%, 2009 (G)		5,100
	4,076	4.50%, 2017 (G)		4,247

		Total U.S. government securities (cost $20,246)	$	20,499

		Total long-term investments (cost $204,143)	$	191,819

The accompanying notes are an integral part of these financial statements.

286


Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 31.2%
		Repurchase Agreements — 23.5%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/03/2008 in the amount of $30,756, collateralized by U.S. Treasury Bond 5.50%, 2028, U.S. Treasury Note 7.50%, 2016, value of $31,297)
$	30,756	0.15% dated 10/31/2008			$	30,756
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/03/2008 in the amount of $24,785, collateralized by U.S. Treasury Note 4.13%, 2012, value of $25,282)
	24,785	0.10% dated 10/31/2008				24,785
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/03/2008 in the amount of $4,975, collateralized by U.S. Treasury Bond 6.13%, 2027, value of $5,052)
	4,975	0.08% dated 10/31/2008				4,975

						60,516



Shares

		Securities Purchased with Proceeds from Security Lending — 7.2%
		Cash Collateral Reinvestment Fund:
	18,679	State Street Navigator Securities Lending Prime Portfolio				18,679


Principal
Amount

		U.S. Treasury Bills — 0.5%
$	1,250	0.61%, 01/15/2009 (M)(S)				1,250

		Total short-term investments (cost $80,442)			$	80,445

		Total investments (cost $284,585) (C)	105.6	%	$	272,264
		Other assets and liabilities	(5.6	)%		(14,399	)

		Total net assets	100.0	%	$	257,865


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.


(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $284,698 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	1,017
Unrealized Depreciation		(13,451	)

Net Unrealized Depreciation	$	(12,434	)


(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $1,800, which represents 0.70% of total net assets.

(L)		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2008.

(M)		The interest rate disclosed for these securities represents the effective yield on the date of acquisition.

(?)		The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2008.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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	Par		Security	Cost Basis
05/2007	$	12,190	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A	$	1,744
08/2007		6,735	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		938
04/2007		2,100	Bayview Financial Acquisition Trust, 4.89%, 05/28/2037		2,100
05/2007		370	CBA Commercial Small Balance Commercial Mortgage, 6.09%, 07/25/2039 - 144A		370
05/2007		390	CBA Commercial Small Balance Commercial Mortgage, 6.50%, 07/25/2039 - 144A		390
05/2007		8,540	CBA Commercial Small Balance Commercial Mortgage, 7.25%, 07/25/2039 - 144A		720
10/2007		1,761	Lehman XS Trust, 6.50%, 05/25/2037		1,744
04/2007		34	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		34
11/2006		500	North Street Referenced Linked Notes, 4.52%, 07/30/2010 - 144A		461
03/2007		1,000	Option One Mortgage Loan Trust, 6.99%, 03/25/2037		876
08/2007		1,430	Renaissance Home Equity Loan Trust, 7.00%, 09/25/2037		1,156
03/2007 – 05/2007		1,080	Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037 — 06/25/2037		982
03/2006		1,903	Spirit Master Funding LLC, 5.76%, 03/20/2024 - 144A		1,903


		The aggregate value of these securities at October 31, 2008 was $7,198 which represents 2.79% of total net assets.

(S)		Security pledged as initial margin deposit for open futures contracts at October 31, 2008.

		Futures Contracts Outstanding at October 31, 2008

Unrealized

Number of

Expiration

Appreciation/

Description

Contracts*

Position

Month

(Depreciation)

2 Year U.S. Treasury Note

226

Long

Dec 2008

307

5 Year U.S. Treasury Note

177

Long

Dec 2008

189

10 Year U.S. Treasury Note

107

Long

Dec 2008

(277

)

U.S. Long Bond

Short

Dec 2008

266


		* 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.

287

The Hartford Value Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 96.2%
		Banks — 5.9%
	74	PNC Financial Services Group, Inc.	$	4,914
	131	US Bancorp		3,908
	232	Wells Fargo & Co.		7,903

				16,725

		Capital Goods — 6.7%
	90	Cummins, Inc.		2,319
	68	General Dynamics Corp.		4,072
	467	General Electric Co.		9,113
	42	PACCAR, Inc.		1,222
	37	Precision Castparts Corp.		2,385

				19,111

		Commercial & Professional Services — 1.2%
	106	Waste Management, Inc.		3,323
		Diversified Financials — 11.2%
	382	Bank of America Corp.		9,238
	157	Bank of New York Mellon Corp.		5,123
	86	Citigroup, Inc.		1,167
	56	Goldman Sachs Group, Inc.		5,134
	271	JP Morgan Chase & Co.		11,175

				31,837

		Energy — 13.4%
	80	Chevron Corp.		5,983
	46	ConocoPhillips Holding Co.		2,372
	208	Exxon Mobil Corp.		15,410
	81	Marathon Oil Corp.		2,357
	88	Newfield Exploration Co. (D)		2,013
	70	Occidental Petroleum Corp.		3,888
	61	Total S.A. ADR		3,365
	83	XTO Energy, Inc.		2,988

				38,376

		Food & Staples Retailing — 4.9%
	183	CVS/Caremark Corp.		5,593
	149	Kroger Co.		4,100
	109	Safeway, Inc.		2,325
	146	Supervalu, Inc.		2,085

				14,103

		Food, Beverage & Tobacco — 6.8%
	172	Altria Group, Inc.		3,300
	105	ConAgra Foods, Inc.		1,836
	133	Dean Foods Co. (D)		2,901
	92	Nestle S.A. ADR		3,528
	80	PepsiCo, Inc.		4,555
	75	Philip Morris International, Inc.		3,256

				19,376

		Health Care Equipment & Services — 3.9%
	110	Aetna, Inc.		2,733
	84	Baxter International, Inc.		5,051
	143	UnitedHealth Group, Inc.		3,401

				11,185

		Household & Personal Products — 1.9%
	87	Kimberly-Clark Corp.		5,308
		Insurance — 4.6%
	148	ACE Ltd.		8,484
	90	Chubb Corp.		4,684

				13,168

		Materials — 3.3%
	60	Agrium U.S., Inc.		2,260
	70	Cliff’s Natural Resources, Inc.		1,897
	90	E.I. DuPont de Nemours & Co.		2,864
	141	International Paper Co.		2,421

				9,442

		Media — 2.3%
	305	Comcast Corp. Class A		4,800
	182	Time Warner, Inc.		1,836

				6,636

		Pharmaceuticals, Biotechnology & Life Sciences — 6.7%
	92	Abbott Laboratories		5,074
	251	Bristol-Myers Squibb Co.		5,164
	193	Pfizer, Inc.		3,413
	174	Schering-Plough Corp.		2,514
	95	Wyeth		3,047

				19,212

		Real Estate — 1.0%
	276	Host Hotels & Resorts, Inc.		2,854
		Retailing — 2.7%
	97	Gap, Inc.		1,250
	104	Kohl’s Corp. (D)		3,650
	144	Staples, Inc.		2,798

				7,698

		Semiconductors & Semiconductor Equipment — 1.5%
	271	Intel Corp.		4,339
		Software & Services — 1.6%
	208	Microsoft Corp.		4,649
		Technology Hardware & Equipment — 5.0%
	224	Cisco Systems, Inc. (D)		3,975
	200	Dell, Inc. (D)		2,430
	81	Hewlett-Packard Co.		3,116
	195	Ingram Micro, Inc. (D)		2,605
	140	Nokia Corp.		2,117

				14,243

		Telecommunication Services — 4.7%
	293	AT&T, Inc.		7,840
	183	Verizon Communications, Inc.		5,418

				13,258

		Utilities — 6.9%
	54	Entergy Corp.		4,199
	36	Exelon Corp.		1,926
	87	FPL Group, Inc.		4,129
	38	NRG Energy, Inc. (D)		893
	46	PG&E Corp.		1,690
	73	SCANA Corp.		2,412

The accompanying notes are an integral part of these financial statements.

288


					Market
Shares					Value (W)

COMMON STOCK — (continued)

		Utilities — (continued)
	100	Southern Co.			$	3,444
	92	TECO Energy, Inc.				1,056

						19,749

		Total common stock (cost $345,584)			$	274,592


Principal
Amount

SHORT-TERM INVESTMENTS — 1.9%
		Repurchase Agreements — 1.9%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $2,516, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $2,575)
$	2,516	0.25% dated 10/31/2008			$	2,516
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $273, collateralized by FNMA 5.50%, 2037, value of $278)
	273	0.25% dated 10/31/2008				273
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $11, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $11)
	11	0.08% dated 10/31/2008				11
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,168, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $1,191)
	1,168	0.25% dated 10/31/2008				1,168
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $1,540, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $1,570)
	1,539	0.23% dated 10/31/2008				1,539

		Total short-term investments (cost $5,507)			$	5,507

		Total investments (cost $351,091) (C)	98.1	%	$	280,099
		Other assets and liabilities	1.9	%		5,396

		Total net assets	100.0	%	$	285,495


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 3.95% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $354,518 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	5,492
Unrealized Depreciation		(79,911	)

Net Unrealized Depreciation	$	(74,419	)


(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.

289

The Hartford Value Opportunities Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
COMMON STOCK — 98.6%
		Automobiles & Components — 0.6%
	120	TRW Automotive Holdings Corp. (D)	$	755
		Banks — 0.3%
	344	Royal Bank of Scotland Group plc		379
		Capital Goods — 6.4%
	19	Alliant Techsystems, Inc. (D)		1,544
	47	Deere & Co.		1,820
	176	General Electric Co.		3,424
	52	Genesis Lease Ltd. ADR		284
	7	Lockheed Martin Corp.		587

				7,659

		Consumer Durables & Apparel — 1.1%
	40	MDC Holdings, Inc.		1,339
		Diversified Financials — 11.5%
	43	Ameriprise Financial, Inc.		918
	156	Bank of America Corp.		3,769
	39	Capital One Financial Corp.		1,528
	181	CIT Group, Inc.		748
	38	Invesco Ltd.		567
	46	JP Morgan Chase & Co.		1,889
	78	Oaktree Capital (D)(I)		1,618
	137	PennantPark Investment Corp.		626
	92	TD Ameritrade Holding Corp. (D)		1,224
	53	UBS AG ADR (D)		892

				13,779

		Energy — 13.5%
	32	Baker Hughes, Inc.		1,126
	27	Canadian Natural Resources Ltd. ADR		1,344
	29	Consol Energy, Inc.		917
	17	Exxon Mobil Corp.		1,275
	111	Newfield Exploration Co. (D)		2,546
	53	Noble Energy, Inc.		2,736
	43	SBM Offshore N.V.		760
	120	Talisman Energy, Inc.		1,209
	36	Total S.A. ADR		1,970
	257	USEC, Inc. (D)(G)		1,059
	36	XTO Energy, Inc.		1,305

				16,247

		Food, Beverage & Tobacco — 8.1%
	1,278	Chaoda Modern Agriculture		901
	45	Cosan Ltd. (D)		119
	109	Dean Foods Co. (D)		2,378
	—	Japan Tobacco, Inc.		1,770
	3,970	Marine Harvest (D)		641
	105	Smithfield Foods, Inc. (D)		1,103
	118	Unilever N.V. NY Shares ADR		2,826

				9,738

		Health Care Equipment & Services — 5.7%
	25	Covidien Ltd.		1,094
	79	Humana, Inc. (D)		2,335
	143	UnitedHealth Group, Inc.		3,391

				6,820

		Household & Personal Products — 0.9%
	45	Avon Products, Inc.		1,110
		Insurance — 9.5%
	72	ACE Ltd.		4,107
	40	Everest Re Group Ltd.		3,003
	56	Fidelity National Financial, Inc.		500
	36	First American Financial Corp.		743
	8	PartnerRe Ltd.		562
	38	Platinum Underwriters Holdings Ltd.		1,215
	34	Reinsurance Group of America, Inc.		1,251

				11,381

		Materials — 5.5%
	10	Agrium, Inc.		387
	38	Alcoa, Inc.		435
	21	Celanese Corp.		297
	42	Companhia Vale do Rio Doce ADR		556
	16	Freeport-McMoRan Copper & Gold, Inc.		457
	12	Mosaic Co.		485
	75	Owens-Illinois, Inc. (D)		1,705
	5	Potash Corp. of Saskatchewan, Inc.		452
	101	Rexam plc		606
	142	Smurfit-Stone Container Corp. (D)		191
	16	Syngenta AG ADR		606
	445	Uranium One, Inc. (D)		376

				6,553

		Media — 6.2%
	204	Comcast Corp. Class A		3,207
	181	Comcast Corp. Special Class A		2,783
	94	R.H. Donnelley Corp. (D)		80
	31	Viacom, Inc. Class B (D)		619
	124	Virgin Media, Inc.		712

				7,401

		Pharmaceuticals, Biotechnology & Life Sciences — 7.7%
	57	Alkermes, Inc. (D)		561
	19	Amgen, Inc. (D)		1,156
	261	Impax Laboratories, Inc. (A)(D)(H)		2,084
	185	Schering-Plough Corp.		2,676
	86	Wyeth		2,774

				9,251

		Retailing — 0.6%
	32	Home Depot, Inc.		750
		Semiconductors & Semiconductor Equipment — 1.4%
	84	Varian Semiconductor Equipment Associates, Inc. (D)		1,650
		Software & Services — 4.0%
	55	CACI International, Inc. Class A (D)		2,261
	116	Microsoft Corp.		2,588

				4,849

		Technology Hardware & Equipment — 7.2%
	61	Arrow Electronics, Inc. (D)		1,056
	141	Cisco Systems, Inc. (D)		2,500
	150	Corning, Inc.		1,628
	229	Flextronics International Ltd. (D)		957
	166	JDS Uniphase Corp. (D)		905
	86	Seagate Technology		583
	74	Solar Cayman Ltd. (A)(D)(H)		947

				8,576

		Transportation — 6.5%
	454	Delta Air Lines, Inc. (D)		4,987
	24	United Parcel Service, Inc. Class B		1,282
	149	US Airways Group, Inc. (D)		1,511

				7,780

The accompanying notes are an integral part of these financial statements.

290


					Market
Shares					Value (W)

COMMON STOCK — (continued)
		Utilities — 1.9%
	26	Northeast Utilities			$	578
	44	Progress Energy, Inc.				1,716

						2,294

		Total common stock (cost $177,557)			$	118,311


Principal
Amount

SHORT-TERM INVESTMENTS — 1.6%
		Repurchase Agreements — 1.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $599, collateralized by FHLMC 4.50% — 6.00%, 2023 — 2038, FNMA 4.50% — 6.50%, 2021 — 2038, value of $613)
$	599	0.25% dated 10/31/2008			$	599
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $65, collateralized by FNMA 5.50%, 2037, value of $66)
	65	0.25% dated 10/31/2008				65
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $3, collateralized by U.S. Treasury Bill 0.50%, 2009, value of $3)
	3	0.08% dated 10/31/2008				3
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $278, collateralized by FHLMC 5.00% — 7.00%, 2020 — 2038, GNMA 6.00% — 7.00%, 2037 — 2038, value of $284)
	278	0.25% dated 10/31/2008				278
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/03/2008 in the amount of $367, collateralized by FNMA 5.00% — 7.00%, 2017 — 2038, value of $374)
	366	0.23% dated 10/31/2008				366

						1,311



Shares

		Securities Purchased with Proceeds from Security Lending — 0.5%
		Cash Collateral Reinvestment Fund:
	644	Goldman Sachs FS Prime Obligation/Institutional Fund			$	644

		Total short-term investments (cost $1,955)			$	1,955

		Total investments (cost $179,512) (C)	100.2	%	$	120,266
		Other assets and liabilities	(0.2	)%		(225	)

		Total net assets	100.0	%	$	120,041


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 13.39% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $181,382 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	678
Unrealized Depreciation		(61,794	)

Net Unrealized Depreciation	$	(61,116	)


(A)		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2008, was $3,031, which represents 2.52% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

(D)		Currently non-income producing.

(G)		Security is partially on loan at October 31, 2008.

(I)		Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under 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 October 31, 2008, was $1,618, which represents 1.35% of total net assets.

(H)		The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often 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		Security	Cost Basis

12/2005 – 11/2006		261	Impax Laboratories, Inc.	$	2,160
03/2007		74	Solar Cayman Ltd. - 144A		1,103


		The aggregate value of these securities at October 31, 2008 was $3,031 which represents 2.52% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2008


							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)

British Pound (Buy)	$	3,243	$	3,304		11/26/08	$	(61	)
British Pound (Sell)		3,243		3,116		11/26/08		(127	)

							$	(188	)


(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.

291

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities
October 31, 2008
(000’s Omitted)


				Balanced			Balanced
	Advisers			Allocation			Income
	Fund			Fund			Fund
Assets:
Investments in securities, at fair value; @	$	835,716		$	4,439		$	41,847
Investments in underlying affiliated funds, at fair value (S)		—			702,403			—
Cash		1			—			10	*
Foreign currency on deposit with custodian #		—			—			—
Unrealized appreciation on forward foreign currency contracts		3,334			—			109
Receivables:
Investment securities sold		17,996			—			230
Fund shares sold		171			1,495			130
Dividends and interest		3,977			1,441			473
Variation margin		—			—			3
Other assets		84			59			21

Total assets		861,279			709,837			42,823


Liabilities:
Unrealized depreciation on forward foreign currency contracts		123			—			18
Unrealized depreciation on swap contracts		—			—			—
Bank overdraft — U.S. Dollars		—			283			—
Payable upon return of securities loaned (Note 2d) >		29,343			—			—
Payables:
Investment securities purchased		14,262			—			162
Fund shares redeemed		1,325			1,083			29
Investment management and advisory fees (Note 5)		71			13			4
Distribution fees (Note 5)		46			48			2
Dividends and interest on short positions		—			—			—
Variation margin		—			—			5
Accrued expenses		366			193			17
Written options (Note 3)		—			—			—

Total liabilities		45,536			1,620			237

Net assets	$	815,743		$	708,217		$	42,586


Summary of Net Assets:
Capital stock and paid-in-capital	$	1,212,365		$	944,673		$	55,215
Accumulated undistributed (distribution in excess of) net investment income (loss)		3,036			1,113			212
Accumulated net realized gain (loss) on investments and foreign currency transactions		(107,886	)		(15,082	)		(2,576	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(291,772	)		(222,487	)		(10,265	)

Net assets	$	815,743		$	708,217		$	42,586

@ Cost of securities	$	1,130,727		$	6,904		$	52,206

@ Market value of securities on loan	$	28,493		$	—		$	—

(S)Cost of investments in underlying affiliated funds	$	—		$	922,425		$	—

>Market value of non-cash collateral for securities lending	$	—		$	—		$	—

# Cost of foreign currency on deposit with custodian	$	—		$	—		$	—


*		Cash of $9 was designated to cover open futures contracts.

†		Cash of $602 was designated to cover open futures contracts.

The accompanying notes are an integral part of these financial statements.

292


Capital			Capital			Checks and			Conservative						Diversified			Dividend and			Equity Growth
Appreciation			Appreciation II			Balances			Allocation			Disciplined Equity			International			Growth			Allocation
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund

$	14,073,344		$	932,815		$	—		$	882		$	183,380		$	11,929		$	3,326,958		$	1,937
	—			—			952,090			174,416			—			—			—			190,040
	—			261			—			—			1,476	†		8			—			—
	4,313			—			—			—			—			1			—			—
	98,877			264			—			—			—			36			—			—

	152,636			22,265			—			—			12,006			257			17,420			—
	47,931			4,396			8,463			1,356			326			8			8,314			377
	16,078			853			1,685			512			284			37			5,574			—
	—			—			—			—			12			—			—			—
	528			76			150			51			51			93			171			88

	14,393,707			960,930			962,388			177,217			197,535			12,369			3,358,437			192,442



	170			621			—			—			—			22			—			—
	—			—			—			—			—			—			—			—
	—			—			2,716			546			101			—			—			245
	10,520			2,247			—			—			—			—			—			—

	333,091			32,254			—			—			10,994			369			22,382			—
	27,781			2,987			1,762			236			241			—			4,508			252
	1,159			110			—			3			19			2			268			4
	742			58			60			12			6			—			128			13
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	4,507			345			156			57			84			7			892			109
	—			—			—			—			—			—			—			—

	377,970			38,622			4,694			854			11,445			400			28,178			623

$	14,015,737		$	922,308		$	957,694		$	176,363		$	186,090		$	11,969		$	3,330,259		$	191,819



$	20,463,257		$	1,499,263		$	1,272,815		$	225,857		$	268,627		$	20,259		$	4,006,483		$	284,080
	63,604			361			1,464			442			928			12			4,831			—

	(688,120	)		(228,068	)		4,493			(7,696	)		(34,090	)		(3,082	)		(110,898	)		1,715

	(5,823,004	)		(349,248	)		(321,078	)		(42,240	)		(49,375	)		(5,220	)		(570,157	)		(93,976	)

$	14,015,737		$	922,308		$	957,694		$	176,363		$	186,090		$	11,969		$	3,330,259		$	191,819

$	19,995,119		$	1,281,707		$	—		$	1,283		$	232,871		$	17,165		$	3,897,115		$	3,073

$	10,590		$	2,155		$	—		$	—		$	—		$	—		$	—		$	—

$	—		$	—		$	1,273,168		$	216,255		$	—		$	—		$	—		$	282,880

$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—

$	4,246		$	—		$	—		$	—		$	—		$	1		$	—		$	—

293

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


							Fundamental
	Equity Income			Floating Rate			Growth
	Fund			Fund			Fund
Assets:
Investments in securities, at fair value; @	$	699,352		$	1,817,107		$	54,481
Investments in underlying affiliated funds, at fair value (S)		—			—			—
Cash		—			2,192			1
Foreign currency on deposit with custodian #		—			—			—
Unrealized appreciation on forward foreign currency contracts		—			—			—
Receivables:
Investment securities sold		707			113,658			1,157
Fund shares sold		2,653			4,693			937
Dividends and interest		1,468			17,833			64
Other assets		68			680			20

Total assets		704,248			1,956,163			56,660


Liabilities:
Unrealized depreciation on forward foreign currency contracts		—			—			—
Unrealized depreciation on swap contracts		—			—			—
Bank overdraft — U.S. Dollars		—			—			—
Payable upon return of securities loaned (Note 2d) >		—			—			5,246
Payables:
Investment securities purchased		—			25,235			1,902
Fund shares redeemed		862			10,091			90
Investment management and advisory fees (Note 5)		67			161			5
Dividends		—			3,689			—
Distribution fees (Note 5)		28			151			3
Dividends and interest on short positions		—			—			—
Accrued expenses		197			542			23
Written options (Note 3)		—			—			—

Total liabilities		1,154			39,869			7,269

Net assets	$	703,094		$	1,916,294		$	49,391


Summary of Net Assets:
Capital stock and paid-in-capital	$	856,450		$	2,967,817		$	68,674
Accumulated undistributed (distribution in excess of) net investment income (loss)		1,611			6,630			—
Accumulated net realized gain (loss) on investments and foreign currency transactions		(13,786	)		(330,318	)		(6,418	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(141,181	)		(727,835	)		(12,865	)

Net assets	$	703,094		$	1,916,294		$	49,391

@ Cost of securities	$	840,522		$	2,544,942		$	67,346

@ Market value of securities on loan	$	—		$	—		$	5,122

(S)Cost of investments in underlying affiliated funds	$	—		$	—		$	—

>Market value of non-cash collateral for securities lending	$	—		$	—		$	—

# Cost of foreign currency on deposit with custodian	$	—		$	—		$	—


†		Cash of $5 was designated to cover open futures contracts.

The accompanying notes are an integral part of these financial statements.

294


Global						Global Financial
Communications			Global Equity			Services			Global Growth			Global Health			Global Technology			Growth Allocation			Growth
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund

$	22,060		$	14,098		$	25,137		$	401,487		$	731,682		$	34,707		$	4,989		$	718,477
	—			—			—			—			—			—			571,262			—
	23			6	†		—			1			1			—			14			1
	—			9			—			437			—			44			—			—
	13			6			—			—			—			—			—			—

	975			94			83			2,564			3,208			1,223			—			18,735
	22			1			73			712			630			23			987			2,204
	100			26			11			366			1,300			21			527			916
	21			67			26			217			70			51			54			72

	23,214			14,307			25,330			405,784			736,891			36,069			577,833			740,405



	3			3			—			30			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			71			—			—			—			—			—
	—			—			—			—			76,958			—			—			25,052

	906			113			—			2,319			6,959			580			—			19,125
	57			—			117			593			10,269			65			875			1,005
	3			2			3			45			75			4			11			67
	—			—			—			—			—			—			—			—
	1			1			1			14			28			3			41			23
	—			—			—			—			—			—			—			—
	24			10			20			223			207			36			192			209
	—			—			—			—			—			—			—			—

	994			129			212			3,224			94,496			688			1,119			45,481

$	22,220		$	14,178		$	25,118		$	402,560		$	642,395		$	35,381		$	576,714		$	694,924



$	34,244		$	21,612		$	40,752		$	580,261		$	789,852		$	97,603		$	790,222		$	922,620
	936			119			589			15			—			—			3,277			—
	(3,024	)		(1,304	)		(6,449	)		(51,038	)		21,264			(46,954	)		12,305			(27,215	)

	(9,936	)		(6,249	)		(9,774	)		(126,678	)		(168,721	)		(15,268	)		(229,090	)		(200,481	)

$	22,220		$	14,178		$	25,118		$	402,560		$	642,395		$	35,381		$	576,714		$	694,924

$	31,987		$	20,353		$	34,911		$	528,171		$	900,482		$	49,975		$	8,084		$	918,957

$	—		$	—		$	—		$	—		$	74,913		$	—		$	—		$	24,454

$	—		$	—		$	—		$	—		$	—		$	—		$	797,257		$	—

$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—

$	—		$	9		$	—		$	439		$	—		$	44		$	—		$	—

295

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


	Growth						High Yield
	Opportunities			High Yield			Municipal Bond
	Fund			Fund			Fund
Assets:
Investments in securities, at fair value; @	$	2,038,307		$	178,367		$	302,873
Investments in underlying affiliated funds, at fair value (S)		—			—			—
Cash		3			—			92
Foreign currency on deposit with custodian #		—			5			—
Unrealized appreciation on forward foreign currency contracts		66			—			—
Receivables:
Investment securities sold		83,406			2,730			2,317
Fund shares sold		8,370			736			3,034
Dividends and interest		3,384			4,889			5,819
Variation margin		—			—			—
Other assets		167			129			122

Total assets		2,133,703			186,856			314,257


Liabilities:
Unrealized depreciation on forward foreign currency contracts		—			18			—
Unrealized depreciation on swap contracts		—			—			—
Bank overdraft — U.S. Dollars		—			—			—
Payable upon return of securities loaned (Note 2d) >		8,578			10,178			—
Payables:
Investment securities purchased		56,394			4,979			2,999
Fund shares redeemed		5,182			301			3,867
Investment management and advisory fees (Note 5)		187			16			23
Dividends		—			229			695
Distribution fees (Note 5)		80			9			17
Dividends and interest on short positions		—			—			—
Variation margin		—			21			—
Accrued expenses		660			89			32
Written options (Note 3)		—			—			—

Total liabilities		71,081			15,840			7,633

Net assets	$	2,062,622		$	171,016		$	306,624


Summary of Net Assets:
Capital stock and paid-in-capital	$	3,040,584		$	304,157		$	376,937
Accumulated undistributed (distribution in excess of) net investment income (loss)		(66	)		581			223
Accumulated net realized gain (loss) on investments and foreign currency transactions		(391,010	)		(82,137	)		(13,206	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(586,886	)		(51,585	)		(57,330	)

Net assets	$	2,062,622		$	171,016		$	306,624

@ Cost of securities	$	2,625,339		$	230,190		$	360,203

@ Market value of securities on loan	$	8,429		$	9,623		$	—

(S)Cost of investments in underlying affiliated funds	$	—		$	—		$	—

>Market value of non-cash collateral for securities lending	$	—		$	—		$	—

# Cost of foreign currency on deposit with custodian	$	—		$	6		$	—

The accompanying notes are an integral part of these financial statements.

296


									International			International			International
Income Allocation			Income			Inflation Plus			Growth			Opportunities			Small Company			LargeCap Growth			MidCap
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund

$	755		$	246,319		$	744,424		$	384,956		$	285,763		$	138,074		$	11,631		$	1,989,783
	53,521			—			—			—			—			—			—			—
	—			—			1			1,283			4			—			5			1
	—			108			537			461			1			—			—			—
	—			5			912			80			453			1,123			—			—

	—			14,674			41,965			23,585			4,617			5,688			—			54,099
	224			198			4,949			875			1,365			967			1,199			1,182
	276			3,145			4,238			442			461			468			6			1,218
	—			18			—			—			—			—			—			—
	57			118			195			64			65			32			37			64

	54,833			264,585			797,221			411,746			292,729			146,352			12,878			2,046,347



	—			—			168			271			387			1,590			—			—
	—			—			—			—			—			—			—			—
	120			1,255			—			—			—			3,872			—			—
	—			7,348			—			935			25,425			15,146			—			—

	—			13,092			2,938			42,961			1,265			2,327			37			98,153
	227			337			2,911			641			742			113			—			3,472
	1			18			58			42			28			14			1			185
	—			95			147			—			—			—			—			—
	4			6			54			12			10			4			—			101
	—			—			—			—			—			—			—			—
	—			88			—			—			—			—			—			—
	16			56			136			166			129			75			8			691
	—			—			164			—			—			—			—			—

	368			22,295			6,576			45,028			27,986			23,141			46			102,602

$	54,465		$	242,290		$	790,645		$	366,718		$	264,743		$	123,211		$	12,832		$	1,943,745



$	65,142		$	310,406		$	894,996		$	685,947		$	401,875		$	249,292		$	17,948		$	2,494,011
	34			172			2,715			512			5,485			937			—			—
	(1,628	)		(17,594	)		(18,754	)		(257,180	)		(52,483	)		(63,990	)		(1,651	)		(57,237	)

	(9,083	)		(50,694	)		(88,312	)		(62,561	)		(90,134	)		(63,028	)		(3,465	)		(493,029	)

$	54,465		$	242,290		$	790,645		$	366,718		$	264,743		$	123,211		$	12,832		$	1,943,745

$	1,135		$	297,063		$	833,489		$	447,604		$	375,952		$	200,655		$	15,103		$	2,482,812

$	—		$	7,050		$	—		$	937		$	24,772		$	14,906		$	—		$	—

$	62,224		$	—		$	—		$	—		$	—		$	—		$	—		$	—

$	—		$	—		$	—		$	—		$	—		$	452		$	—		$	—

$	—		$	115		$	579		$	463		$	1		$	—		$	—		$	—

297

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


	MidCap Growth			MidCap Value			Money Market
	Fund*			Fund			Fund
Assets:
Investments in securities, at fair value; (amortized cost for Money Market Fund) @	$	30,768		$	185,896		$	855,826
Investments in underlying affiliated funds, at fair value (S)		—			—			—
Cash		—			1			—
Foreign currency on deposit with custodian #		—			—			—
Unrealized appreciation on forward foreign currency contracts		—			—			—
Receivables:
Investment securities sold		—			783			—
Fund shares sold		219			14			2,403
Dividends and interest		13			56			447
Variation margin		3			—			—
Other assets		36			50			243

Total assets		31,039			186,800			858,919


Liabilities:
Unrealized depreciation on forward foreign currency contracts		—			—			—
Unrealized depreciation on swap contracts		—			—			—
Bank overdraft — U.S. Dollars		—			—			530
Payable upon return of securities loaned (Note 2d) >		3,551			—			—
Payables:
Investment securities purchased		420			1,512			—
Fund shares redeemed		16			418			5,381
Investment management and advisory fees (Note 5)		3			20			53
Dividends		—			—			13
Distribution fees (Note 5)		1			10			50
Dividends and interest on short positions		—			—			—
Variation margin		—			—			—
Accrued expenses		22			111			126
Written options (Note 3)		—			—			—

Total liabilities		4,013			2,071			6,153

Net assets	$	27,026		$	184,729		$	852,766


Summary of Net Assets:
Capital stock and paid-in-capital	$	45,925		$	298,738		$	854,350
Accumulated undistributed (distribution in excess of) net investment income (loss)		—			—			267
Accumulated net realized gain (loss) on investments and foreign currency transactions		(6,409	)		(33,862	)		(1,851	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(12,490	)		(80,147	)		—

Net assets	$	27,026		$	184,729		$	852,766

@ Cost of securities	$	43,276		$	266,043		$	855,826

@ Market value of securities on loan	$	3,462		$	—		$	—

(S)Cost of investments in underlying affiliated funds	$	—		$	—		$	—

>Market value of non-cash collateral for securities lending	$	—		$	—		$	—

# Cost of foreign currency on deposit with custodian	$	—		$	—		$	—


*		Formerly known as The Hartford Select MidCap Growth Fund.


†		Cash of $78 was designated to cover open futures contracts.

‡		Cash of $300 was designated to cover open futures contracts.

The accompanying notes are an integral part of these financial statements.

298


Retirement			Select MidCap			Select SmallCap
Income			Value			Value			Short Duration			Small Company			SmallCap Growth			Stock			Strategic Income
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund

$	144		$	51,018		$	77,925		$	184,593		$	543,307		$	205,728		$	508,452		$	218,469
	6,342			—			—			—			—			—			—			—
	—			—			78	†		—			2			300	‡		—			642
	—			—			—			—			—			—			—			324
	—			—			—			—			—			—			3,387			—

	—			1,044			384			—			9,768			107			14,521			18,759
	1			12			836			892			2,893			710			306			1,213
	23			29			72			1,701			99			69			439			3,831
	—			14			32			—			158			145			—			7
	43			30			17			63			104			129			212			95

	6,553			52,147			79,344			187,249			556,331			207,188			527,317			243,340



	—			—			—			—			1			—			122			—
	—			—			—			—			—			—			—			—
	1			51			—			—			—			14			1,977			—
	—			4,297			—			—			—			56			30,451			—

	—			—			—			—			11,556			—			12,158			26,915
	—			76			28			287			856			196			669			1,150
	—			5			10			13			55			22			46			16
	—			—			—			35			—			—			—			346
	—			1			1			6			17			7			26			13
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			188
	6			25			18			35			205			87			327			40
	—			—			—			—			—			—			—			—

	7			4,455			57			376			12,690			382			45,776			28,668

$	6,546		$	47,692		$	79,287		$	186,873		$	543,641		$	206,806		$	481,541		$	214,672



$	8,349		$	88,933		$	118,252		$	205,336		$	779,520		$	324,572		$	967,986		$	278,365
	4			511			805			105			—			—			2,811			182
	(812	)		(22,285	)		(12,503	)		(3,142	)		(96,974	)		(50,819	)		(255,683	)		(11,585	)

	(995	)		(19,467	)		(27,267	)		(15,426	)		(138,905	)		(66,947	)		(233,573	)		(52,290	)

$	6,546		$	47,692		$	79,287		$	186,873		$	543,641		$	206,806		$	481,541		$	214,672

$	137		$	70,419		$	105,039		$	200,019		$	682,405		$	272,591		$	745,317		$	270,150

$	—		$	4,216		$	—		$	—		$	—		$	21		$	29,715		$	—

$	7,344		$	—		$	—		$	—		$	—		$	—		$	—		$	—

$	—		$	57		$	—		$	—		$	—		$	—		$	—		$	—

$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	381

299

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


	Target			Target			Target
	Retirement 2010			Retirement 2020			Retirement 2030
	Fund			Fund			Fund
Assets:
Investments in securities, at fair value; @	$	233		$	240		$	329
Investments in underlying affiliated funds, at fair value (S)		13,278			29,125			24,853
Cash		—			—			—
Foreign currency on deposit with custodian #		—			—			—
Unrealized appreciation on forward foreign currency contracts		—			—			—
Receivables:
Investment securities sold		—			—			—
Fund shares sold		49			47			54
Dividends and interest		30			45			19
Variation margin		—			—			—
Other assets		59			61			58

Total assets		13,649			29,518			25,313


Liabilities:
Unrealized depreciation on forward foreign currency contracts		—			—			—
Unrealized depreciation on swap contracts		—			—			—
Bank overdraft — U.S. Dollars		34			21			32
Payable upon return of securities loaned (Note 2d) >		—			—			—
Payables:
Investment securities purchased		—			—			—
Fund shares redeemed		14			25			21
Investment management and advisory fees (Note 5)		—			1			—
Dividends		—			—			—
Distribution fees (Note 5)		1			1			1
Dividends and interest on short positions		—			—			—
Variation margin		—			—			—
Accrued expenses		8			9			9
Written options (Note 3)		—			—			—

Total liabilities		57			57			63

Net assets	$	13,592		$	29,461		$	25,250


Summary of Net Assets:
Capital stock and paid-in-capital	$	18,721		$	41,447		$	35,422
Accumulated undistributed (distribution in excess of) net investment income (loss)		48			64			158
Accumulated net realized gain (loss) on investments and foreign currency transactions		(1,117	)		(1,740	)		(541	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(4,060	)		(10,310	)		(9,789	)

Net assets	$	13,592		$	29,461		$	25,250

@ Cost of securities	$	406		$	359		$	552

@ Market value of securities on loan	$	—		$	—		$	—

(S)Cost of investments in underlying affiliated funds	$	17,165		$	39,316		$	34,419

>Market value of non-cash collateral for securities lending	$	—		$	—		$	—

# Cost of foreign currency on deposit with custodian	$	—		$	—		$	—

The accompanying notes are an integral part of these financial statements.

300


Tax-Free			Tax-Free			Tax-Free			Tax-Free			Total Return			U.S. Government						Value
California			Minnesota			National			New York			Bond			Securities			Value			Opportunities
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund

$	35,467		$	29,170		$	169,705		$	13,946		$	1,385,873		$	272,264		$	280,099		$	120,266
	—			—			—			—			—			—			—			—
	—			—			—			—			13,936			1			—			1
	—			—			—			—			1,381			—			—			—
	—			—			—			—			7,864			—			—			—

	—			264			4,019			437			127,094			1			1,483			6,066
	1,639			27			631			—			7,335			3,422			3,606			133
	568			500			3,107			272			14,280			1,642			569			114
	—			—			—			—			473			7			—			—
	14			14			97			8			713			82			38			62

	37,688			29,975			177,559			14,663			1,558,949			277,419			285,795			126,642



	—			—			—			—			1,478			—			—			188
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			36,651			18,679			—			644

	—			—			1,532			—			128,056			—			—			5,493
	—			—			1,067			—			1,659			530			205			190
	3			2			13			1			100			19			29			14
	66			19			176			2			155			128			—			—
	2			1			9			1			45			13			4			5
	—			—			—			—			—			—			—			—
	—			—			—			—			761			135			—			—
	10			10			30			8			279			50			62			67
	—			—			—			—			—			—			—			—

	81			32			2,827			12			169,184			19,554			300			6,601

$	37,607		$	29,943		$	174,732		$	14,651		$	1,389,765		$	257,865		$	285,495		$	120,041



$	47,640		$	33,980		$	219,771		$	17,062		$	1,603,748		$	286,455		$	372,214		$	228,659
	32			16			154			7			7,508			120			5,420			1,932
	(2,029	)		(339	)		(18,170	)		(67	)		(42,762	)		(16,655	)		(21,147	)		(51,116	)

	(8,036	)		(3,714	)		(27,023	)		(2,351	)		(178,729	)		(12,055	)		(70,992	)		(59,434	)

$	37,607		$	29,943		$	174,732		$	14,651		$	1,389,765		$	257,865		$	285,495		$	120,041

$	43,503		$	32,884		$	196,728		$	16,297		$	1,572,332		$	284,585		$	351,091		$	179,512

$	—		$	—		$	—		$	—		$	35,512		$	18,204		$	—		$	665

$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—

$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—

$	—		$	—		$	—		$	—		$	1,449		$	—		$	—		$	—

301


Capital		Capital		Checks and		Conservative		Disciplined		Diversified		Dividend and		Equity Growth
Appreciation		Appreciation II		Balances		Allocation		Equity		International		Growth		Allocation
Fund		Fund		Fund		Fund		Fund		Fund		Fund		Fund
	1,265,000		1,000,000		1,000,000		400,000		450,000		525,000		750,000		400,000

$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001


$	23.43/$24.78	$	8.73/$9.23	$	7.32/$7.74	$	8.30/$8.78	$	9.31/$9.85	$	5.88/$6.22	$	14.56/$15.40	$	8.29/$8.77

	370,620		54,945		88,760		12,999		9,934		430		152,124		13,636

$	8,682,603	$	479,795	$	649,297	$	107,922	$	92,476	$	2,528	$	2,214,358	$	113,006

$	20.77	$	8.47	$	7.29	$	8.30	$	8.80	$	5.87	$	14.32	$	8.19

	51,246		7,796		12,120		2,495		1,355		101		15,558		3,458

$	1,064,188	$	66,057	$	88,364	$	20,703	$	11,931	$	591	$	222,732	$	28,322

$	20.91	$	8.50	$	7.29	$	8.29	$	8.80	$	5.87	$	14.28	$	8.19

	126,127		31,707		29,000		4,831		1,556		104		15,535		5,521

$	2,637,037	$	269,662	$	211,502	$	40,054	$	13,691	$	611	$	221,895	$	45,209

$	23.41	$	8.80	$	7.32	$	8.29	$	—	$	5.89	$	14.52	$	8.31

	18,733		9,028		1,133		50		—		100		11,571		80

$	438,528	$	79,436	$	8,293	$	418	$	—	$	589	$	167,989	$	668

$	24.92	$	8.73	$	7.31	$	8.28	$	9.56	$	5.87	$	14.71	$	8.25

	313		475		11		32		1		100		31		85

$	7,809	$	4,148	$	80	$	269	$	11	$	588	$	455	$	699

$	25.08	$	8.79	$	7.32	$	8.29	$	9.60	$	5.88	$	14.73	$	8.27

	2,996		140		11		591		1		100		571		289

$	75,127	$	1,232	$	79	$	4,900	$	8	$	588	$	8,410	$	2,389

$	25.21	$	8.84	$	7.32	$	8.30	$	9.62	$	5.88	$	14.75	$	8.31

	1,418		17		11		253		1		100		21		184

$	35,734	$	151	$	79	$	2,097	$	7	$	588	$	310	$	1,526

$	25.28	$	8.86	$	—	$	—	$	9.64	$	5.89	$	14.75	$	—

	42,509		2,463		—		—		7,054		1,000		33,489		—

$	1,074,711	$	21,827	$	—	$	—	$	67,966	$	5,886	$	494,110	$	—

303

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


					Fundamental
	Equity Income		Floating Rate		Growth
	Fund		Fund		Fund*
Shares authorized		500,000		2,400,000		300,000

Par value	$	0.001	$	0.001	$	0.001


Class A: Net asset value per share/Maximum offering price per share	$	10.35/$10.95	$	7.13/$7.35	$	7.57/$8.01

Shares outstanding		54,452		102,188		3,169

Net assets	$	563,703	$	728,882	$	23,989

Class B: Net asset value per share	$	10.33	$	7.13	$	7.18

Shares outstanding		3,107		5,670		871

Net assets	$	32,097	$	40,440	$	6,254

Class C: Net asset value per share	$	10.34	$	7.13	$	7.18

Shares outstanding		4,206		122,954		1,152

Net assets	$	43,493	$	876,501	$	8,276

Class I: Net asset value per share	$	10.33	$	7.13	$	—

Shares outstanding		140		23,973		—

Net assets	$	1,449	$	171,007	$	—

Class L: Net asset value per share/Maximum offering price per share	$	—	$	—	$	—

Shares outstanding		—		—		—

Net assets	$	—	$	—	$	—

Class R3: Net asset value per share	$	10.39	$	7.14	$	—

Shares outstanding		8		76		—

Net assets	$	78	$	544	$	—

Class R4: Net asset value per share	$	10.40	$	7.13	$	—

Shares outstanding		1		72		—

Net assets	$	8	$	515	$	—

Class R5: Net asset value per share	$	10.40	$	7.15	$	—

Shares outstanding		1		13		—

Net assets	$	8	$	90	$	—

Class Y: Net asset value per share	$	10.40	$	7.13	$	7.82

Shares outstanding		5,984		13,789		1,391

Net assets	$	62,258	$	98,315	$	10,872

The accompanying notes are an integral part of these financial statements.

304


Global				Global Financial						Global		Growth
Communications		Global Equity		Services		Global Growth		Global Health		Technology		Allocation		Growth
Fund		Fund		Fund		Fund		Fund		Fund		Fund		Fund
	300,000		850,000		300,000		450,000		500,000		300,000		400,000		27,000,000

$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.0001


$	5.39/$5.70	$	6.55/$6.93	$	6.87/$7.26	$	10.50/$11.11	$	12.69/$13.42	$	3.84/$4.06	$	8.58/$9.07	$	11.59/$12.26

	2,703		1,947		2,451		20,278		23,614		5,529		38,370		25,205

$	14,567	$	12,746	$	16,849	$	212,910	$	299,699	$	21,246	$	329,312	$	292,129

$	5.16	$	6.51	$	6.74	$	9.64	$	11.74	$	3.62	$	8.48	$	9.83

	566		34		395		2,450		3,872		1,548		10,575		2,028

$	2,920	$	223	$	2,662	$	23,614	$	45,475	$	5,603	$	89,717	$	19,936

$	5.15	$	6.51	$	6.69	$	9.68	$	11.78	$	3.59	$	8.48	$	9.86

	829		35		638		3,133		7,912		2,098		17,515		4,742

$	4,274	$	225	$	4,267	$	30,334	$	93,208	$	7,537	$	148,584	$	46,757

$	—	$	6.56	$	—	$	—	$	12.81	$	—	$	8.57	$	11.69

	—		30		—		—		3,359		—		153		4,121

$	—	$	199	$	—	$	—	$	43,036	$	—	$	1,310	$	48,174

$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	11.83/$12.41

	—		—		—		—		—		—		—		14,402

$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	170,321

$	—	$	6.53	$	—	$	10.97	$	13.19	$	—	$	8.51	$	11.86

	—		30		—		1		38		—		6		4

$	—	$	196	$	—	$	10	$	503	$	—	$	49	$	53

$	—	$	6.54	$	—	$	11.01	$	13.29	$	—	$	8.56	$	11.94

	—		30		—		1		295		—		564		117

$	—	$	196	$	—	$	7	$	3,921	$	—	$	4,825	$	1,394

$	—	$	6.55	$	—	$	11.10	$	13.38	$	—	$	8.60	$	12.00

	—		30		—		1		108		—		339		4

$	—	$	196	$	—	$	12	$	1,449	$	—	$	2,917	$	51

$	5.52	$	6.56	$	6.99	$	11.14	$	13.40	$	3.97	$	—	$	12.03

	83		30		192		12,181		11,574		251		—		9,648

$	459	$	197	$	1,340	$	135,673	$	155,104	$	995	$	—	$	116,109

305

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


	Growth				High Yield
	Opportunities		High Yield		Municipal Bond
	Fund		Fund		Fund
Shares authorized		23,750,000		500,000		650,000

Par value	$	0.0001	$	0.001	$	0.001


Class A: Net asset value per share/Maximum offering price per share	$	18.60/$19.68	$	5.52/$5.78	$	7.27/$7.61

Shares outstanding		61,584		21,253		23,572

Net assets	$	1,145,281	$	117,343	$	171,281

Class B: Net asset value per share	$	15.16	$	5.51	$	7.26

Shares outstanding		2,518		3,236		642

Net assets	$	38,167	$	17,838	$	4,664

Class C: Net asset value per share	$	15.21	$	5.51	$	7.27

Shares outstanding		13,228		3,924		10,543

Net assets	$	201,128	$	21,634	$	76,650

Class I: Net asset value per share	$	18.74	$	5.53	$	7.27

Shares outstanding		6,347		141		7,428

Net assets	$	118,918	$	777	$	54,029

Class L: Net asset value per share/Maximum offering price per share	$	19.02/$19.96	$	—	$	—

Shares outstanding		20,947		—		—

Net assets	$	398,391	$	—	$	—

Class R3: Net asset value per share	$	19.08	$	5.52	$	—

Shares outstanding		282		3		—

Net assets	$	5,391	$	14	$	—

Class R4: Net asset value per share	$	19.19	$	5.53	$	—

Shares outstanding		997		1		—

Net assets	$	19,129	$	8	$	—

Class R5: Net asset value per share	$	19.28	$	5.53	$	—

Shares outstanding		164		1		—

Net assets	$	3,169	$	8	$	—

Class Y: Net asset value per share	$	19.31	$	5.53	$	—

Shares outstanding		6,888		2,424		—

Net assets	$	133,048	$	13,394	$	—

The accompanying notes are an integral part of these financial statements.

306


Income						International		International		International		LargeCap
Allocation		Income		Inflation Plus		Growth		Opportunities		Small Company		Growth		MidCap
Fund		Fund		Fund		Fund		Fund		Fund		Fund		Fund
	400,000		300,000		600,000		500,000		500,000		350,000		800,000		460,000

$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001


$	8.40/$8.79	$	8.28/$8.67	$	9.78/$10.24	$	7.07/$7.48	$	10.23/$10.82	$	7.45/$7.89	$	6.34/$6.70	$	14.55/$15.39

	4,304		9,852		31,488		25,724		14,781		6,538		1,128		90,043

$	36,145	$	81,569	$	307,863	$	181,826	$	151,147	$	48,739	$	7,147	$	1,310,085

$	8.39	$	8.28	$	9.76	$	6.65	$	9.40	$	7.16	$	6.24	$	12.81

	647		940		7,768		2,887		1,816		1,032		50		15,278

$	5,432	$	7,779	$	75,789	$	19,208	$	17,068	$	7,392	$	314	$	195,738

$	8.39	$	8.30	$	9.75	$	6.66	$	9.29	$	7.06	$	6.24	$	12.93

	1,314		1,568		24,745		3,703		2,556		1,496		87		21,231

$	11,030	$	13,007	$	241,305	$	24,658	$	23,743	$	10,563	$	546	$	274,583

$	8.40	$	—	$	9.81	$	7.04	$	10.25	$	7.47	$	—	$	—

	75		—		2,766		12,262		14		201		—		—

$	630	$	—	$	27,135	$	86,331	$	143	$	1,497	$	—	$	—

$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

	—		—		—		—		—		—		—		—

$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

$	8.40	$	—	$	9.78	$	7.18	$	10.51	$	—	$	—	$	—

	2		—		22		41		7		—		—		—

$	18	$	—	$	216	$	293	$	74	$	—	$	—	$	—

$	8.39	$	—	$	9.79	$	7.23	$	10.58	$	—	$	—	$	—

	134		—		2		19		95		—		—		—

$	1,128	$	—	$	17	$	139	$	1,003	$	—	$	—	$	—

$	8.40	$	—	$	9.80	$	7.28	$	10.60	$	—	$	—	$	—

	10		—		3		1		1		—		—		—

$	82	$	—	$	28	$	6	$	10	$	—	$	—	$	—

$	—	$	8.27	$	9.80	$	7.30	$	10.62	$	7.60	$	6.40	$	15.75

	—		16,926		14,111		7,435		6,738		7,244		754		10,369

$	—	$	139,935	$	138,292	$	54,257	$	71,555	$	55,020	$	4,825	$	163,339

307

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


	MidCap
	Growth		MidCap Value		Money Market
	Fund*		Fund		Fund
Shares authorized		800,000		300,000		3,900,000

Par value	$	0.001	$	0.001	$	0.001


Class A: Net asset value per share/Maximum offering price per share	$	6.04/$6.39	$	6.53/$6.91	$	1.00/$1.00

Shares outstanding		3,526		19,605		487,549

Net assets	$	21,304	$	127,999	$	486,596

Class B: Net asset value per share	$	5.89	$	6.03	$	1.00

Shares outstanding		439		4,033		66,681

Net assets	$	2,584	$	24,329	$	66,581

Class C: Net asset value per share	$	5.86	$	6.03	$	1.00

Shares outstanding		513		4,048		140,418

Net assets	$	3,002	$	24,418	$	140,174

Class I: Net asset value per share	$	—	$	—	$	—

Shares outstanding		—		—		—

Net assets	$	—	$	—	$	—

Class L: Net asset value per share/Maximum offering price per share	$	—	$	—	$	—

Shares outstanding		—		—		—

Net assets	$	—	$	—	$	—

Class R3: Net asset value per share	$	—	$	—	$	1.00

Shares outstanding		—		—		530

Net assets	$	—	$	—	$	529

Class R4: Net asset value per share	$	—	$	—	$	1.00

Shares outstanding		—		—		148,726

Net assets	$	—	$	—	$	148,465

Class R5: Net asset value per share	$	—	$	—	$	1.00

Shares outstanding		—		—		8,846

Net assets	$	—	$	—	$	8,826

Class Y: Net asset value per share	$	6.15	$	6.88	$	1.00

Shares outstanding		22		1,161		1,601

Net assets	$	136	$	7,983	$	1,595


*		Formerly known as The Hartford Select MidCap Growth Fund

The accompanying notes are an integral part of these financial statements.

308


Retirement		Select MidCap		Select SmallCap
Income		Value		Value		Short Duration		Small Company		SmallCap Growth		Stock		Strategic Income
Fund		Fund		Fund		Fund		Fund		Fund		Fund		Fund
	750,000		800,000		800,000		300,000		500,000		27,000,000		500,000		750,000

$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.0001	$	0.001	$	0.001


$	7.67/$8.11	$	6.70/$7.08	$	7.42/$7.86	$	9.21/$9.49	$	13.09/$13.85	$	18.47/$19.54	$	13.75/$14.55	$	7.35/$7.69

	456		2,399		1,944		5,063		20,967		4,237		22,381		10,780

$	3,495	$	16,071	$	14,428	$	46,620	$	274,412	$	78,279	$	307,712	$	79,242

$	7.67	$	6.54	$	7.31	$	9.21	$	11.71	$	16.13	$	12.65	$	7.35

	47		328		65		635		1,794		536		4,556		858

$	363	$	2,147	$	476	$	5,846	$	21,008	$	8,645	$	57,627	$	6,308

$	7.68	$	6.53	$	7.32	$	9.21	$	11.71	$	16.03	$	12.76	$	7.36

	119		413		94		2,903		3,528		653		5,228		9,215

$	912	$	2,695	$	685	$	26,738	$	41,294	$	10,472	$	66,725	$	67,863

$	—	$	—	$	—	$	—	$	13.18	$	18.53	$	13.77	$	7.37

	—		—		—		—		904		170		5		3,327

$	—	$	—	$	—	$	—	$	11,912	$	3,159	$	64	$	24,508

$	—	$	—	$	—	$	—	$	—	$	18.62/$19.54	$	—	$	—

	—		—		—		—		—		4,004		—		—

$	—	$	—	$	—	$	—	$	—	$	74,539	$	—	$	—

$	7.67	$	—	$	—	$	—	$	13.89	$	18.79	$	14.19	$	—

	7		—		—		—		215		—		1		—

$	53	$	—	$	—	$	—	$	2,990	$	9	$	20	$	—

$	7.67	$	—	$	—	$	—	$	13.98	$	18.88	$	14.29	$	—

	187		—		—		—		1,311		69		2		—

$	1,437	$	—	$	—	$	—	$	18,332	$	1,298	$	34	$	—

$	7.68	$	—	$	—	$	—	$	14.06	$	18.99	$	14.32	$	—

	37		—		—		—		534		2		—		—

$	286	$	—	$	—	$	—	$	7,510	$	44	$	6	$	—

$	—	$	6.72	$	7.43	$	9.19	$	14.10	$	19.03	$	14.34	$	7.35

	—		3,986		8,570		11,712		11,789		1,595		3,442		4,998

$	—	$	26,779	$	63,698	$	107,669	$	166,183	$	30,361	$	49,353	$	36,751

309

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2008
(000’s Omitted)


	Target		Target		Target
	Retirement 2010		Retirement 2020		Retirement 2030
	Fund		Fund		Fund
Shares authorized		950,000		950,000		950,000

Par value	$	0.001	$	0.001	$	0.001


Class A: Net asset value per share/Maximum offering price per share	$	7.24/$7.66	$	7.56/$8.00	$	6.80/$7.20

Shares outstanding		901		1,784		1,866

Net assets	$	6,520	$	13,495	$	12,679

Class B: Net asset value per share	$	7.22	$	7.56	$	6.78

Shares outstanding		56		80		89

Net assets	$	406	$	604	$	607

Class C: Net asset value per share	$	7.23	$	7.55	$	6.78

Shares outstanding		82		111		112

Net assets	$	593	$	837	$	761

Class I: Net asset value per share	$	—	$	—	$	—

Shares outstanding		—		—		—

Net assets	$	—	$	—	$	—

Class L: Net asset value per share/Maximum offering price per share	$	—	$	—	$	—

Shares outstanding		—		—		—

Net assets	$	—	$	—	$	—

Class R3: Net asset value per share	$	7.23	$	7.55	$	6.77

Shares outstanding		1		9		158

Net assets	$	8	$	70	$	1,070

Class R4: Net asset value per share	$	7.23	$	7.55	$	6.78

Shares outstanding		667		1,097		1,118

Net assets	$	4,823	$	8,281	$	7,578

Class R5: Net asset value per share	$	7.24	$	7.56	$	6.80

Shares outstanding		156		815		372

Net assets	$	1,131	$	6,165	$	2,530

Class Y: Net asset value per share	$	7.23	$	7.56	$	6.82

Shares outstanding		15		1		4

Net assets	$	111	$	9	$	25

The accompanying notes are an integral part of these financial statements.

310


Tax-Free		Tax-Free		Tax-Free		Tax-Free		Total Return		U.S. Government				Value
California		Minnesota		National		New York		Bond		Securities		Value		Opportunities
Fund		Fund		Fund		Fund		Fund		Fund		Fund		Fund
	250,000		19,250,000		19,300,000		250,000		650,000		19,250,000		500,000		27,000,000

$	0.001	$	0.0001	$	0.0001	$	0.001	$	0.001	$	0.0001	$	0.001	$	0.0001


$	8.17/$8.55	$	8.67/$9.08	$	8.67/$9.08	$	8.67/$9.08	$	9.20/$9.63	$	8.77/$9.18	$	8.95/$9.47	$	8.22/$8.70

	3,740		872		13,092		1,261		70,645		11,475		6,351		7,249

$	30,538	$	7,566	$	113,542	$	10,935	$	650,149	$	100,574	$	56,864	$	59,576

$	8.15	$	8.69	$	8.61	$	8.67	$	9.15	$	8.72	$	8.73	$	7.42

	164		89		607		169		8,038		2,189		826		1,026

$	1,338	$	772	$	5,223	$	1,464	$	73,557	$	19,084	$	7,211	$	7,613

$	8.18	$	8.70	$	8.63	$	8.67	$	9.22	$	8.72	$	8.72	$	7.38

	701		145		3,155		260		9,469		4,773		1,050		1,514

$	5,731	$	1,262	$	27,234	$	2,252	$	87,277	$	41,624	$	9,160	$	11,167

$	—	$	—	$	8.69	$	—	$	9.21	$	—	$	8.97	$	8.15

	—		—		542		—		666		—		67		140

$	—	$	—	$	4,705	$	—	$	6,128	$	—	$	598	$	1,139

$	—	$	8.71/$9.12	$	8.64/$9.04	$	—	$	—	$	8.75/$9.16	$	—	$	8.26/$8.67

	—		263		670		—		—		3,143		—		2,349

$	—	$	2,287	$	5,790	$	—	$	—	$	27,512	$	—	$	19,403

$	—	$	—	$	—	$	—	$	9.32	$	—	$	8.87	$	8.33

	—		—		—		—		14		—		14		79

$	—	$	—	$	—	$	—	$	130	$	—	$	122	$	657

$	—	$	—	$	—	$	—	$	9.32	$	—	$	8.89	$	8.39

	—		—		—		—		1,362		—		19		224

$	—	$	—	$	—	$	—	$	12,698	$	—	$	166	$	1,877

$	—	$	—	$	—	$	—	$	9.32	$	—	$	8.92	$	8.44

	—		—		—		—		29		—		1		1

$	—	$	—	$	—	$	—	$	271	$	—	$	8	$	6

$	—	$	8.68	$	8.65	$	—	$	9.31	$	8.78	$	8.93	$	8.48

	—		2,081		2,108		—		60,081		7,868		23,669		2,193

$	—	$	18,056	$	18,238	$	—	$	559,555	$	69,071	$	211,366	$	18,603

311

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Operations

For the Year Ended October 31, 2008

(000’s Omitted)


				Balanced			Balanced
	Advisers			Allocation			Income
	Fund			Fund			Fund
Investment Income:
Dividends	$	14,363		$	105		$	950
Dividends from underlying affiliated funds		—			25,565			—
Interest		21,722			3			1,816
Securities lending		888			—			—
Less: Foreign tax withheld		(221	)		—			(12	)

Total investment income		36,752			25,673			2,754


Expenses:
Investment management and advisory fees		8,052			1,180			374
Transfer agent fees		2,902			986			51
Distribution fees
Class A		2,241			1,451			110
Class B		1,797			1,246			24
Class C		1,653			2,128			49
Class L		—			—			—
Class R3		—			2			—
Class R4		—			17			—
Custodian fees		11			—			17
Accounting services		219			108			9
Registration and filing fees		125			126			38
Board of Directors’ fees		22			16			1
Other expenses		370			319			31

Total expenses (before waivers and fees paid indirectly)		17,392			7,579			704
Expense waivers		—			—			(7	)
Transfer agent fee waivers		(53	)		—			—
Commission recapture		(43	)		—			—
Custodian fee offset		(13	)		—			—

Total waivers and fees paid indirectly		(109	)		—			(7	)

Total expenses, net		17,283			7,579			697

Net investment income (loss)		19,469			18,094			2,057


Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Capital gain distribution received from underlying affiliated funds		—			42,092			—
Net realized gain (loss) on investments in underlying affiliated funds		—			(38,790	)		—
Net realized gain (loss) on investments; in securities		(103,891	)		—			(2,567	)
Net realized gain (loss) on futures, written options and swap contracts		305	*		—			17
Net realized gain (loss) on foreign currency transactions		124			—			24

Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(103,462	)		3,302			(2,526	)


Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(372,352	)		(325,274	)		(11,795	)
Net unrealized appreciation (depreciation) of futures, written options, and swap contracts		13			—			(8	)
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		3,239			—			(44	)

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options Foreign Currency Transactions		(369,100	)		(325,274	)		(11,847	)

Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(472,562	)		(321,972	)		(14,373	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(453,093	)	$	(303,878	)	$	(12,316	)


*		Realized gains on written options were $305 for the Advisers Fund.
†		Realized gains on written options were $36 for the Capital Appreciation II Fund.
‡		Realized gains on written options were $450 for the Disciplined Equity Fund.
(C)		Commenced operations on June 30, 2008.

The accompanying notes are an integral part of these financial statements.

312


Capital			Capital			Checks and			Conservative			Disciplined			Diversified			Dividend and			Equity Growth
Appreciation			Appreciation II			Balances			Allocation			Equity			International			Growth			Allocation
Fund			Fund			Fund			Fund			Fund			Fund (C)			Fund			Fund

$	293,059		$	18,949		$	—		$	19		$	4,849		$	115		$	104,917		$	45
	—			—			17,437			7,478			—			—			—			1,956
	42,914			1,702			—			1			108			5			4,168			1
	6,975			1,121			—			—			49			—			1,746			—
	(11,894	)		(847	)		—			—			—			(9	)		(1,693	)		—

	331,054			20,925			17,437			7,498			5,006			111			109,138			2,002



	131,467			12,569			—			311			2,273			56			25,267			406
	28,449			2,290			778			190			599			—			6,063			571


	31,878			1,912			1,197			311			358			3			7,348			399
	17,835			974			614			251			214			3			3,268			417
	40,008			4,016			1,624			503			213			3			3,134			648
	—			—			—			—			—			—			—			—
	15			17			—			1			—			1			1			4
	123			2			—			12			—			1			15			6
	675			76			1			1			10			3			11			1
	3,095			195			83			24			45			1			640			32
	1,002			199			165			85			75			25			273			96
	343			24			9			4			6			—			69			5
	6,695			515			201			77			99			13			1,271			104

	261,585			22,789			4,672			1,770			3,892			109			47,360			2,689
	—			—			(32	)		—			(104	)		(25	)		—			(20	)
	—			—			—			—			(44	)		—			—			—
	(442	)		(86	)		—			—			(7	)		—			(71	)		—
	(21	)		(1	)		—			—			(1	)		—			(4	)		—

	(463	)		(87	)		(32	)		—			(156	)		(25	)		(75	)		(20	)

	261,122			22,702			4,640			1,770			3,736			84			47,285			2,669

	69,932			(1,777	)		12,797			5,728			1,270			27			61,853			(667	)



	—			—			11,822			5,443			—			—			—			22,142
	—			—			(5,056	)		(10,685	)		—			—			—			(8,843	)
	(703,472	)		(223,776	)		—			—			(22,779	)		(3,082	)		(108,309	)		—
	—			(10	)†		(1	)		—			(657	)‡		—			—			—
	(71,606	)		1,528			—			—			—			(33	)		—			—


	(775,078	)		(222,258	)		6,765			(5,242	)		(23,436	)		(3,115	)		(108,309	)		13,299




	(10,364,558	)		(513,628	)		(329,223	)		(53,423	)		(97,477	)		(5,237	)		(1,479,942	)		(145,028	)

	—			—			—			—			60			—			—			—

	173,964			(356	)		—			—			—			17			—			—


	(10,190,594	)		(513,984	)		(329,223	)		(53,423	)		(97,417	)		(5,220	)		(1,479,942	)		(145,028	)


	(10,965,672	)		(736,242	)		(322,458	)		(58,665	)		(120,853	)		(8,335	)		(1,588,251	)		(131,729	)

$	(10,895,740	)	$	(738,019	)	$	(309,661	)	$	(52,937	)	$	(119,583	)	$	(8,308	)	$	(1,526,398	)	$	(132,396	)

313

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2008

(000’s Omitted)


							Fundamental
	Equity Income			Floating Rate			Growth
	Fund			Fund			Fund

Investment Income:
Dividends	$	32,727		$	—		$	704
Dividends from underlying affiliated funds		—			—			—
Interest		609			218,695			39
Securities lending		86			—			66
Less: Foreign tax withheld		(240	)		—			(9	)

Total investment income		33,182			218,695			800


Expenses:
Investment management and advisory fees		6,646			18,996			491
Transfer agent fees		1,209			1,984			142

Distribution fees
Class A		1,731			3,239			87
Class B		437			585			99
Class C		589			13,872			121
Class L		—			—			—
Class R3		—			3			—
Class R4		—			1			—
Custodian fees		7			27			4
Accounting services		130			541			6
Registration and filing fees		141			404			41
Board of Directors’ fees		16			60			1
Other expenses		337			1,246			27

Total expenses (before waivers and fees paid indirectly)		11,243			40,958			1,019
Expense waivers		(459	)		(74	)		(21	)
Transfer agent fee waivers		—			—			(2	)
Commission recapture		(36	)		—			(1	)
Custodian fee offset		—			(8	)		—

Total waivers and fees paid indirectly		(495	)		(82	)		(24	)

Total expenses, net		10,748			40,876			995

Net investment income (loss)		22,434			177,819			(195	)

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 in underlying affiliated funds		—			—			—
Net realized gain (loss) on investments; in securities		(13,776	)		(277,593	)		(6,345	)
Net realized gain (loss) on futures, written options and swap contracts		—			—			—
Net realized gain (loss) on foreign currency transactions		(17	)		(92	)		—

Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(13,793	)		(277,685	)		(6,345	)

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(301,508	)		(589,632	)		(20,038	)
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		(11	)		(916	)		—

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options Foreign Currency Transactions		(301,519	)		(590,548	)		(20,038	)

Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(315,312	)		(868,233	)		(26,383	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(292,878	)	$	(690,414	)	$	(26,578	)


(C)		Commenced operations on June 30, 2008.

The accompanying notes are an integral part of these financial statements.

314


Global						Global Financial									Global			Growth
Communications			Global Equity			Services			Global Growth			Global Health			Technology			Allocation			Growth
Fund			Fund (C)			Fund			Fund			Fund			Fund			Fund			Fund


$	1,921		$	319		$	1,292		$	7,975		$	9,893		$	473		$	131		$	9,376
	—			—			—			—			—			—			13,030			—
	30			11			46			392			336			19			2			585
	66			—			37			616			774			15			—			328
	(180	)		(27	)		(133	)		(634	)		(522	)		(16	)		—			(233	)

	1,837			303			1,242			8,349			10,481			491			13,163			10,056


	383			122			301			5,521			7,522			534			1,046			7,384
	125			1			87			1,791			1,510			295			1,263			1,419

	68			29			59			979			1,102			87			1,130			1,232
	53			2			32			536			694			107			1,266			324
	91			2			53			582			1,232			122			2,096			716
	—			—			—			—			—			—			—			653
	—			1			—			—			1			—			—			—
	—			—			—			—			7			—			11			3
	14			15			16			37			17			18			1			22
	5			2			4			106			121			7			93			126
	43			59			45			106			124			52			123			147
	1			1			1			13			16			2			14			19
	29			17			24			210			281			28			266			309

	812			251			622			9,881			12,627			1,252			7,309			12,354
	(28	)		(47	)		(29	)		(142	)		—			(141	)		—			(93	)
	(6	)		—			(10	)		(295	)		(52	)		(122	)		—			(45	)
	—			—			(1	)		(14	)		(17	)		(2	)		—			(53	)
	—			—			—			(2	)		(5	)		—			—			(1	)

	(34	)		(47	)		(40	)		(453	)		(74	)		(265	)		—			(192	)

	778			204			582			9,428			12,553			987			7,309			12,162

	1,059			99			660			(1,079	)		(2,072	)		(496	)		5,854			(2,106	)



	—			—			—			—			—			—			53,860			—
	—			—			—			—			—			—			(17,320	)		—
	(2,375	)		(1,288	)		(6,336	)		(50,484	)		23,457			(6,570	)		—			(25,346	)
	—			(17	)		—			—			—			—			—			—
	(80	)		(9	)		(24	)		(67	)		(44	)		(11	)		—			(50	)


	(2,455	)		(1,314	)		(6,360	)		(50,551	)		23,413			(6,581	)		36,540			(25,396	)




	(22,143	)		(6,255	)		(13,583	)		(377,752	)		(281,638	)		(27,532	)		(361,257	)		(446,192	)

	—			4			—			—			—			—			—			—

	(9	)		2			(1	)		(7	)		90			(4	)		—			(1	)



	(22,152	)		(6,249	)		(13,584	)		(377,759	)		(281,548	)		(27,536	)		(361,257	)		(446,193	)



	(24,607	)		(7,563	)		(19,944	)		(428,310	)		(258,135	)		(34,117	)		(324,717	)		(471,589	)

$	(23,548	)	$	(7,464	)	$	(19,284	)	$	(429,389	)	$	(260,207	)	$	(34,613	)	$	(318,863	)	$	(473,695	)

315

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2008

(000’s Omitted)


	Growth						High Yield
	Opportunities			High Yield			Municipal Bond
	Fund			Fund			Fund
Investment Income:
Dividends	$	23,439		$	81		$	—
Dividends from underlying affiliated funds		—			—			—
Interest		3,562			20,012			12,674
Securities lending		1,625			262			—
Less: Foreign tax withheld		(653	)		—			—

Total investment income		27,973			20,355			12,674


Expenses:
Investment management and advisory fees		17,993			1,546			1,160
Transfer agent fees		4,370			529			79
Distribution fees
Class A		3,262			384			306
Class B		554			264			32
Class C		2,703			311			485
Class L		1,591			—			—
Class R3		20			—			—
Class R4		35			—			—
Custodian fees		25			12			4
Accounting services		313			39			38
Registration and filing fees		313			92			100
Board of Directors’ fees		40			4			3
Interest and dividend expense		—			—			—
Other expenses		894			62			58

Total expenses (before waivers and fees paid indirectly)		32,113			3,243			2,265
Expense waivers		(91	)		(306	)		(1,110	)
Transfer agent fee waivers		(31	)		(8	)		—
Commission recapture		(167	)		—			—
Custodian fee offset		(1	)		(1	)		(1	)

Total waivers and fees paid indirectly		(290	)		(315	)		(1,111	)

Total expenses, net		31,823			2,928			1,154

Net investment income (loss)		(3,850	)		17,427			11,520


Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net realized gain (loss) on investments in underlying affiliated funds		—			—			—
Net realized gain (loss) on investments; in securities		(390,110	)		(23,876	)		(12,685	)
Net realized gain (loss) on futures, written options and swap contracts		733			1,280			—
Net realized gain (loss) on foreign currency transactions		(863	)		99			—

Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(390,240	)		(22,497	)		(12,685	)


Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(1,006,261	)		(48,398	)		(56,281	)
Net unrealized appreciation (depreciation) of futures, written options, and swap contracts		—			150			—
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		141			(142	)		—

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options Foreign Currency Transactions		(1,006,120	)		(48,390	)		(56,281	)

Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(1,396,360	)		(70,887	)		(68,966	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,400,210	)	$	(53,460	)	$	(57,446	)


*		Realized losses on written options were $2,066 for the Inflation Plus Fund.

The accompanying notes are an integral part of these financial statements.

316


Income									International			International			International			LargeCap
Allocation			Income			Inflation Plus			Growth			Opportunities			Small Company			Growth			MidCap
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund

$	49		$	65		$	—		$	9,595		$	10,997		$	5,778		$	133		$	27,101
	3,209			—			—			—			—			—			—			—
	1			21,106			49,227			679			443			183			2			2,193
	—			353			—			771			995			683			—			3,252
	—			—			—			(1,196	)		(1,326	)		(565	)		—			(154	)

	3,259			21,524			49,227			9,849			11,109			6,079			135			32,392



	89			1,827			4,042			4,868			3,516			2,345			73			20,902
	65			185			638			1,169			891			431			7			4,983

	99			250			671			878			575			270			25			4,717
	62			95			772			396			303			145			4			3,408
	117			150			2,196			518			341			230			7			4,235
	—			—			1			1			—			—			—			—
	—			—			—			—			—			—			—
	1			—			—			—			—			—			—			—
	1			11			4			55			48			43			6			23
	8			58			133			95			72			46			1			403
	72			57			108			131			102			80			45			149
	1			6			12			10			7			5			1			51
	—			—			419			—			—			—			—			—
	31			137			197			191			148			104			15			865

	546			2,776			9,193			8,312			6,003			3,699			184			39,736
	(76	)		(93	)		(594	)		(14	)		(39	)		(26	)		(43	)		—
	—			—			—			(42	)		(63	)		(32	)		—			—
	—			—			—			(53	)		(13	)		(7	)		—			(160	)
	—			(1	)		—			(1	)		(2	)		—			—			(4	)

	(76	)		(94	)		(594	)		(110	)		(117	)		(65	)		(43	)		(164	)

	470			2,682			8,599			8,202			5,886			3,634			141			39,572

	2,789			18,842			40,628			1,647			5,223			2,445			(6	)		(7,180	)



	(906	)		—			—			—			—			—			—			—
	(55	)		(22,506	)		(6,561	)		(256,383	)		(51,254	)		(61,308	)		(1,567	)		(56,805	)
	—			5,996			8,507	*		—			—			(1,658	)		(58	)		—
	—			(386	)		144			(1,082	)		377			(311	)		—			(189	)


	(961	)		(16,896	)		2,090			(257,465	)		(50,877	)		(63,277	)		(1,625	)		(56,994	)




	(8,966	)		(45,904	)		(91,541	)		(180,350	)		(172,788	)		(104,270	)		(4,423	)		(1,062,998	)

	—			(152	)		527			—			—			—			7			—

	—			(155	)		129			80			57			(453	)		—			—


	(8,966	)		(46,211	)		(90,885	)		(180,270	)		(172,731	)		(104,723	)		(4,416	)		(1,062,998	)


	(9,927	)		(63,107	)		(88,795	)		(437,735	)		(223,608	)		(168,000	)		(6,041	)		(1,119,992	)

$	(7,138	)	$	(44,265	)	$	(48,167	)	$	(436,088	)	$	(218,385	)	$	(165,555	)	$	(6,047	)	$	(1,127,172	)

317

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2008

(000’s Omitted)


	MidCap Growth			MidCap Value			Money Market
	Fund *			Fund			Fund
Investment Income:
Dividends	$	415		$	4,359		$	—
Dividends from underlying affiliated funds		—			—			—
Interest		(8	)		87			18,810
Securities lending		77			498			—
Less: Foreign tax withheld		—			(28	)		—

Total investment income		484			4,916			18,810


Expenses:
Investment management and advisory fees		271			2,701			2,751
Transfer agent fees		116			876			975
Distribution fees
Class A		69			555			976
Class B		39			429			396
Class C		45			440			1,043
Class L		—			—			—
Class R3		—			—			—
Class R4		—			—			170
Custodian fees		9			16			4
Accounting services		5			45			97
Registration and filing fees		51			50			147
Board of Directors’ fees		1			7			10
Other expenses		17			93			328

Total expenses (before waivers and fees paid indirectly)		623			5,212			6,897
Expense waivers		(73	)		(155	)		(398	)
Transfer agent fee waivers		(16	)		(41	)		—
Commission recapture		—			(22	)		—
Custodian fee offset		—			—			(1	)

Total waivers and fees paid indirectly		(89	)		(218	)		(399	)

Total expenses, net		534			4,994			6,498

Net investment income (loss)		(50	)		(78	)		12,312


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 in underlying affiliated funds		—			—			—
Net realized gain (loss) on investments; in securities		(6,266	)		(33,347	)		(1,852	)
Net realized gain (loss) on futures, written options and swap contracts		(89	)		—			—
Net realized gain (loss) on foreign currency transactions		—			(2	)		—

Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(6,355	)		(33,349	)		(1,852	)


Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(14,019	)		(146,998	)		—
Net unrealized appreciation (depreciation) of futures, written options, and swap contracts		18			—			—
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		—			—			—

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options Foreign Currency Transactions		(14,001	)		(146,998	)		—

Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(20,356	)		(180,347	)		(1,852	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(20,406	)	$	(180,425	)	$	10,460


*		Formerly known as The Hartford Select MidCap Growth Fund.
†		Realized gains on written options were $70 for the Stock Fund.

The accompanying notes are an integral part of these financial statements.

318


Retirement			Select MidCap			Select SmallCap									SmallCap
Income			Value			Value			Short Duration			Small Company			Growth			Stock			Strategic Income
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund

$	—		$	1,669		$	2,188		$	—		$	3,863		$	1,738		$	13,691		$	37
	259			—			—			—			—			—			—			—
	—			31			137			10,026			774			126			91			15,812
	—			112			—			—			1,932			1,059			374			—
	—			(1	)		(3	)		—			(166	)		—			(229	)		—

	259			1,811			2,322			10,026			6,403			2,923			13,927			15,849



	10			611			1,050			1,071			5,213			2,497			5,890			1,123
	3			123			18			97			1,156			762			2,743			139

	9			65			42			103			784			305			1,276			209
	3			33			5			57			363			131			1,129			55
	8			50			8			257			555			168			1,125			617
	—			—			—			—			—			271			—			—
	—			—			—			—			10			—			—			—
	3			—			—			—			38			3			—			—
	—			7			5			3			43			23			25			13
	1			10			13			38			102			49			114			36
	61			45			32			51			115			72			95			101
	2			2			2			4			11			6			16			3
	16			35			48			70			244			80			193			72

	116			981			1,223			1,751			8,634			4,367			12,606			2,368
	(76	)		(59	)		(2	)		(40	)		(63	)		(368	)		(804	)		(745	)
	—			(18	)		(1	)		—			(48	)		(294	)		(572	)		—
	—			—			—			—			(49	)		—			(42	)		—
	—			—			(1	)		(2	)		(5	)		(2	)		(2	)		—

	(76	)		(77	)		(4	)		(42	)		(165	)		(664	)		(1,420	)		(745	)

	40			904			1,219			1,709			8,469			3,703			11,186			1,623

	219			907			1,103			8,317			(2,066	)		(780	)		2,741			14,226




	80			—			—			—			—			—			—			—
	(851	)		—			—			—			—			—			—			—
	—			(21,154	)		(12,364	)		(750	)		(89,228	)		(43,030	)		(106,298	)		(13,738	)
	—			(673	)		(256	)		—			(4,990	)		(625	)		70	^†		2,312
	—			—			—			—			19			—			131			(490	)


	(771	)		(21,827	)		(12,620	)		(750	)		(94,199	)		(43,655	)		(106,097	)		(11,916	)




	(1,061	)		(14,992	)		(27,515	)		(13,330	)		(215,926	)		(92,643	)		(314,873	)		(51,004	)

	—			(67	)		(171	)		—			26			(96	)		15			(612	)

	—			—			—			—			(3	)		—			3,292			(518	)


	(1,061	)		(15,059	)		(27,686	)		(13,330	)		(215,903	)		(92,739	)		(311,566	)		(52,134	)


	(1,832	)		(36,886	)		(40,306	)		(14,080	)		(310,102	)		(136,394	)		(417,663	)		(64,050	)

$	(1,613	)	$	(35,979	)	$	(39,203	)	$	(5,763	)	$	(312,168	)	$	(137,174	)	$	(414,922	)	$	(49,824	)

319

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2008

(000’s Omitted)


	Target			Target			Target
	Retirement 2010			Retirement 2020			Retirement 2030
	Fund			Fund			Fund
Investment Income:
Dividends	$	9		$	5		$	10
Dividends from underlying affiliated funds		418			679			357
Interest		—			—			1
Securities lending		—			—			—
Less: Foreign tax withheld		—			—			—

Total investment income		427			684			368

Expenses:
Investment management and advisory fees		22			45			36
Transfer agent fees		5			15			19
Distribution fees
Class A		22			43			38
Class B		6			8			6
Class C		6			8			7
Class L		—			—			—
Class R3		—			—			1
Class R4		9			15			14
Custodian fees		—			1			1
Accounting services		2			4			3
Registration and filing fees		62			63			63
Board of Directors’ fees		1			2			2
Other expenses		22			34			29

Total expenses (before waivers and fees paid indirectly)		157			238			219
Expense waivers		(88	)		(90	)		(88	)
Transfer agent fee waivers		—			—			(1	)
Commission recapture		—			—			—
Custodian fee offset		—			—			—

Total waivers and fees paid indirectly		(88	)		(90	)		(89	)

Total expenses, net		69			148			130

Net investment income (loss)		358			536			238

Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Capital gain distribution received from underlying affiliated funds		382			938			1,002
Net realized gain (loss) on investments in underlying affiliated funds		(1,328	)		(2,227	)		(1,071	)
Net realized gain (loss) on investments; in securities		—			—			—
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 Transactions		(946	)		(1,289	)		(69	)

Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(4,566	)		(11,548	)		(11,227	)
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 Foreign Currency Transactions		(4,566	)		(11,548	)		(11,227	)

Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(5,512	)		(12,837	)		(11,296	)

Net Increase (Decrease) in Net Assets Resulting from Operations	$	(5,154	)	$	(12,301	)	$	(11,058	)


*		Realized gains on written options were $74 for the Total Return Bond Fund.
†		Realized losses on written options were $434 for the U.S. Government Securities Fund.

The accompanying notes are an integral part of these financial statements.

320


Tax-Free			Tax-Free			Tax-Free			Tax-Free			Total Return			U.S. Government						Value
California			Minnesota			National			New York			Bond			Securities			Value			Opportunities
Fund			Fund			Fund			Fund			Fund			Fund			Fund			Fund


$	—		$	—		$	—		$	—		$	430		$	—		$	10,005		$	3,912
	—			—			—			—			—			—			—			—
	2,331			1,796			10,991			820			79,115			11,384			310			111
	—			—			—			—			741			166			15			212
	—			—			—			—			—			—			(18	)		(112	)

	2,331			1,796			10,991			820			80,286			11,550			10,312			4,123



	236			189			1,103			88			7,336			1,150			3,137			1,735
	11			9			70			2			1,661			226			228			436

	89			24			334			29			1,674			166			193			270
	17			8			64			16			828			148			107			136
	56			9			266			27			988			229			121			215
	—			7			19			—			—			74			—			77
	—			—			—			—			—			—			—			3
	—			—			—			—			23			—			—			5
	2			1			3			2			31			3			7			15
	6			5			28			2			245			33			56			29
	5			9			87			5			149			65			90			106
	1			2			4			1			22			4			7			5
	25			22			77			15			413			73			140			85

	448			285			2,055			187			13,370			2,171			4,086			3,117
	(29	)		(16	)		(172	)		(20	)		(264	)		(105	)		(12	)		(167	)
	—			—			—			—			(38	)		(11	)		(10	)		(28	)
	—			—			—			—			—			—			(20	)		(6	)
	(1	)		—			(3	)		—			(7	)		—			—			(1	)

	(30	)		(16	)		(175	)		(20	)		(309	)		(116	)		(42	)		(202	)

	418			269			1,880			167			13,061			2,055			4,044			2,915

	1,913			1,527			9,111			653			67,225			9,495			6,268			1,208




	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(1,757	)		(225	)		(17,046	)		(15	)		(46,740	)		1,702			(21,083	)		(50,841	)
	—			—			—			—			13,123	*		1,652	^†		—			—
	—			—			—			—			6,936			(18	)		—			769


	(1,757	)		(225	)		(17,046	)		(15	)		(26,681	)		3,336			(21,083	)		(50,072	)




	(7,734	)		(4,194	)		(27,659	)		(2,461	)		(169,926	)		(11,764	)		(132,595	)		(72,010	)

	—			—			—			—			1,682			155			—			—

	—			—			—			—			(3,960	)		—			—			(188	)


	(7,734	)		(4,194	)		(27,659	)		(2,461	)		(172,204	)		(11,609	)		(132,595	)		(72,198	)


	(9,491	)		(4,419	)		(44,705	)		(2,476	)		(198,885	)		(8,273	)		(153,678	)		(122,270	)

$	(7,578	)	$	(2,892	)	$	(35,594	)	$	(1,823	)	$	(131,660	)	$	1,222		$	(147,410	)	$	(121,062	)

321

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets

(000’s Omitted)


	Advisers Fund						Balanced Allocation Fund
	For the			For the			For the			For the
	Year Ended			Year Ended			Year Ended			Year Ended
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	19,469		$	23,390		$	18,094		$	15,407
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(103,462	)		172,391			3,302			49,799
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(369,100	)		2,117			(325,274	)		51,767
Payment from affiliate		—			1,265			—			—

Net increase (decrease) in net assets resulting from operations		(453,093	)		199,163			(303,878	)		116,973


Distributions to Shareholders:
From net investment income
Class A		(15,267	)		(19,328	)		(24,256	)		(15,079	)
Class B		(1,361	)		(2,614	)		(4,239	)		(2,566	)
Class C		(1,601	)		(2,237	)		(7,330	)		(4,197	)
Class I		—			—			(81	)		(27	)
Class R3		—			—			(12	)		(1	)
Class R4		(2	)		—			(198	)		(8	)
Class R5		—			—			(87	)		(4	)
Class Y		(363	)		(418	)		—			—
From net realized gain on investments
Class A		(116,370	)		(6,251	)		(26,813	)		(10,441	)
Class B		(26,714	)		(1,942	)		(5,971	)		(2,511	)
Class C		(22,170	)		(1,238	)		(9,928	)		(3,938	)
Class I		—			—			(40	)		(8	)
Class R3		(1	)		—			(5	)		—
Class R4		(6	)		—			(145	)		—
Class R5		(1	)		—			(32	)		—
Class Y		(2,134	)		(99	)		—			—

Total distributions		(185,990	)		(34,127	)		(79,137	)		(38,780	)


Capital Share Transactions:
Class A		(39,453	)		(133,135	)		70,044			106,188
Class B		(52,862	)		(124,064	)		8,431			15,343
Class C		(15,999	)		(34,409	)		22,711			35,931
Class I		—			—			2,197			499
Class R3		4			10			511			110
Class R4		114			52			8,935			2,595
Class R5		1			10			4,818			691
Class Y		(182	)		317			—			—

Net increase (decrease) from capital share transactions		(108,377	)		(291,219	)		117,647			161,357

Net increase (decrease) in net assets		(747,460	)		(126,183	)		(265,368	)		239,550

Net Assets:
Beginning of period		1,563,203			1,689,386			973,585			734,035

End of period	$	815,743		$	1,563,203		$	708,217		$	973,585

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	3,036		$	2,040		$	1,113		$	1,193


**		Commencement of operations.

The accompanying notes are an integral part of these financial statements.

322


																		Checks and Balances Fund
Balanced Income Fund						Capital Appreciation Fund						Capital Appreciation II Fund									For the Period
For the			For the			For the			For the			For the			For the			For the			May 31, 2007 **
Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			through
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	2,057		$	975		$	69,932		$	30,020		$	(1,777	)	$	(2,086	)	$	12,797		$	641
	(2,526	)		203			(775,078	)		1,862,223			(222,258	)		100,180			6,765			—
	(11,847	)		1,146			(10,190,594	)		2,292,940			(513,984	)		140,398			(329,223	)		8,145
	—			—			—			5,181			—			—			—			—

	(12,316	)		2,324			(10,895,740	)		4,190,364			(738,019	)		238,492			(309,661	)		8,786




	(1,785	)		(786	)		—			(33,636	)		—			—			(10,497	)		(374	)
	(79	)		(30	)		—			—			—			—			(874	)		(30	)
	(159	)		(50	)		—			—			—			—			(2,405	)		(79	)
	—			—			—			(197	)		—			—			(47	)		—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			(1	)		—
	(5	)		(4	)		—			(4,697	)		—			—			—			—

	(167	)		—			(1,110,143	)		(715,257	)		(57,297	)		(5,732	)		—			—
	(9	)		—			(197,872	)		(156,558	)		(7,516	)		(710	)		—			—
	(18	)		—			(395,139	)		(249,010	)		(29,944	)		(2,391	)		—			—
	—			—			(13,451	)		(501	)		(6,005	)		(201	)		—			—
	—			—			(3	)		—			(33	)		—			—			—
	—			—			(1,432	)		—			(1	)		—			—			—
	—			—			(353	)		—			(12	)		—			—			—
	(1	)		—			(79,569	)		(35,768	)		(11	)		(3	)		—			—

	(2,223	)		(870	)		(1,797,962	)		(1,195,624	)		(100,819	)		(9,037	)		(13,825	)		(483	)



	8,506			27,689			2,958,023			2,431,543			118,490			443,858			696,123			166,707
	359			1,922			(25,704	)		41,383			21,834			58,670			97,717			19,089
	1,103			3,761			775,400			850,051			101,804			253,343			229,519			53,328
	—			—			501,432			132,728			56,898			69,323			10,092			—
	—			—			11,592			34			5,886			386			101			—
	—			—			99,010			14,997			1,828			11			100			—
	—			—			54,478			1,139			129			121			101			—
	5			4			820,275			479,269			27,587			3			—			—

	9,973			33,376			5,194,506			3,951,144			334,456			825,715			1,033,753			239,124

	(4,566	)		34,830			(7,499,196	)		6,945,884			(504,382	)		1,055,170			710,267			247,427


	47,152			12,322			21,514,933			14,569,049			1,426,690			371,520			247,427			—

$	42,586		$	47,152		$	14,015,737		$	21,514,933		$	922,308		$	1,426,690		$	957,694		$	247,427

$	212		$	147		$	63,604		$	81,407		$	361		$	(688	)	$	1,464		$	220

323

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


	Conservative Allocation Fund						Disciplined Equity Fund
	For the			For the			For the			For the
	Year Ended			Year Ended			Year Ended			Year Ended
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	5,728		$	4,618		$	1,270		$	1,252
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(5,242	)		7,548			(23,436	)		50,332
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(53,423	)		5,004			(97,417	)		(6,869	)
Payment from affiliate		—			—			—			292

Net increase (decrease) in net assets resulting from operations		(52,937	)		17,170			(119,583	)		45,007


Distributions to Shareholders:
From net investment income
Class A		(4,987	)		(3,533	)		(266	)		(1,382	)
Class B		(812	)		(622	)		—			(40	)
Class C		(1,672	)		(1,157	)		—			(19	)
Class I		(45	)		(54	)		—			—
Class R3		(5	)		—			—			—
Class R4		(153	)		(2	)		—			—
Class R5		(58	)		(2	)		—			—
Class Y		—			—			(754	)		(659	)
From net realized gain on investments
Class A		(4,169	)		(2,432	)		—			—
Class B		(882	)		(541	)		—			—
Class C		(1,608	)		(933	)		—			—
Class I		(57	)		—			—			—
Class R3		(1	)		—			—			—
Class R4		(21	)		—			—			—
Class R5		(21	)		—			—			—
Class Y		—			—			—			—

Total distributions		(14,491	)		(9,276	)		(1,020	)		(2,100	)


Capital Share Transactions:
Class A		26,954			23,133			(24,705	)		(34,732	)
Class B		2,936			4,085			(9,365	)		(9,835	)
Class C		9,856			8,445			(3,758	)		(6,068	)
Class I		(817	)		1,372			—			—
Class R3		324			19			6			10
Class R4		6,057			419			1			10
Class R5		2,011			684			—			10
Class Y		—			—			(234	)		(71,369	)

Net increase (decrease) from capital share transactions		47,321			38,157			(38,055	)		(121,974	)

Net increase (decrease) in net assets		(20,107	)		46,051			(158,658	)		(79,067	)

Net Assets:
Beginning of period		196,470			150,419			344,748			423,815

End of period	$	176,363		$	196,470		$	186,090		$	344,748

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	442		$	423		$	928		$	686


**		Commencement of operations.

The accompanying notes are an integral part of these financial statements.

324


Diversified
International Fund
For the Period			Dividend and Growth Fund						Equity Growth Allocation Fund						Equity Income Fund
June 30, 2008 **			For the			For the			For the			For the			For the			For the
through			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	27		$	61,853		$	46,424		$	(667	)	$	(828	)	$	22,434		$	16,868
	(3,115	)		(108,309	)		229,113			13,299			21,836			(13,793	)		26,554
	(5,220	)		(1,479,942	)		287,647			(145,028	)		28,992			(301,519	)		75,895
	—			—			1,018			—			—			—			—

	(8,308	)		(1,526,398	)		564,202			(132,396	)		50,000			(292,878	)		119,317




	—			(46,956	)		(37,212	)		(6,892	)		(2,190	)		(17,009	)		(12,051	)
	—			(2,208	)		(1,617	)		(1,544	)		(428	)		(667	)		(495	)
	—			(2,645	)		(1,949	)		(2,397	)		(664	)		(972	)		(767	)
	—			(858	)		(14	)		(7	)		—			(26	)		(13	)
	—			(4	)		—			(33	)		—			(2	)		—
	—			(101	)		(1	)		(40	)		—			—			—
	—			(6	)		—			(4	)		—			—			—
	—			(8,699	)		(2,241	)		—			—			(3,366	)		(2,902	)

	—			(173,549	)		(164,850	)		(10,090	)		(2,496	)		(19,859	)		(20,565	)
	—			(21,507	)		(23,203	)		(2,785	)		(715	)		(1,368	)		(1,677	)
	—			(19,864	)		(20,178	)		(4,316	)		(1,115	)		(1,893	)		(2,383	)
	—			(129	)		(2	)		(4	)		—			(24	)		(4	)
	—			(9	)		—			(55	)		—			(3	)		—
	—			(106	)		—			(47	)		—			—			—
	—			(10	)		—			(4	)		—			—			—
	—			(14,212	)		(7,549	)		—			—			(3,379	)		(1,849	)

	—			(290,863	)		(258,816	)		(28,218	)		(7,608	)		(48,568	)		(42,706	)



	4,238			270,480			372,656			34,133			32,237			62,259			174,908
	1,005			(31,123	)		167			5,149			7,666			(4,224	)		5,152
	1,034			(6,590	)		21,475			9,733			11,542			(7,425	)		5,519
	1,000			202,564			1,802			901			43			910			750
	1,000			436			168			283			910			19			93
	1,000			9,375			1,991			3,306			418			—			10
	1,000			258			193			2,210			70			—			10
	10,000			444,967			110,477			—			—			(22,304	)		110,119

	20,277			890,367			508,929			55,715			52,886			29,235			296,561

	11,969			(926,894	)		814,315			(104,899	)		95,278			(312,211	)		373,172


	—			4,257,153			3,442,838			296,718			201,440			1,015,305			642,133

$	11,969		$	3,330,259		$	4,257,153		$	191,819		$	296,718		$	703,094		$	1,015,305

$	12		$	4,831		$	4,527		$	—		$	—		$	1,611		$	1,289

325

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


	Floating Rate Fund						Fundamental Growth Fund
	For the			For the			For the			For the
	Year Ended			Year Ended			Year Ended			Year Ended
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	177,819		$	258,356		$	(195	)	$	(381	)
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(277,685	)		(48,190	)		(6,345	)		8,960
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(590,548	)		(133,017	)		(20,038	)		6,222
Payment from affiliate		—			—			—			193

Net increase (decrease) in net assets resulting from operations		(690,414	)		77,149			(26,578	)		14,994


Distributions to Shareholders:
From net investment income
Class A		(76,620	)		(136,560	)		—			—
Class B		(2,991	)		(3,576	)		—			—
Class C		(71,154	)		(89,045	)		—			—
Class I		(16,773	)		(26,124	)		—			—
Class R3		(28	)		(4	)		—			—
Class R4		(24	)		(1	)		—			—
Class R5		(10	)		(6	)		—			—
Class Y		(6,697	)		(5,224	)		—			—
From net realized gain on investments
Class A		—			—			(4,325	)		—
Class B		—			—			(1,393	)		—
Class C		—			—			(1,555	)		—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			(42	)		—

Total distributions		(174,297	)		(260,540	)		(7,315	)		—


Capital Share Transactions:
Class A		(918,574	)		584,619			4,220			(9,466	)
Class B		(14,370	)		31,641			(339	)		(3,729	)
Class C		(608,974	)		1,110,429			1,595			(2,306	)
Class I		(155,838	)		366,570			—			—
Class R3		436			290			—			—
Class R4		657			11			—			—
Class R5		(76	)		211			—			—
Class Y		26,618			56,559			11,577			(191	)

Net increase (decrease) from capital share transactions		(1,670,121	)		2,150,330			17,053			(15,692	)

Net increase (decrease) in net assets		(2,534,832	)		1,966,939			(16,840	)		(698	)

Net Assets:
Beginning of period		4,451,126			2,484,187			66,231			66,929

End of period	$	1,916,294		$	4,451,126		$	49,391		$	66,231

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	6,630		$	1,747		$	—		$	—


**		Commencement of operations.

The accompanying notes are an integral part of these financial statements.

326


						Global Equity Fund
Global Communications Fund						For the Period			Global Financial Services Fund						Global Growth Fund
For the			For the			February 29, 2008 **			For the			For the			For the			For the
Year Ended			Year Ended			through			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	1,059		$	22		$	99		$	660		$	379		$	(1,079	)	$	(4,543	)
	(2,455	)		1,784			(1,314	)		(6,360	)		3,917			(50,551	)		99,720
	(22,152	)		10,286			(6,249	)		(13,584	)		(1,517	)		(377,759	)		142,454
	—			6			—			—			6			—			1,914

	(23,548	)		12,098			(7,464	)		(19,284	)		2,785			(429,389	)		239,545




	(31	)		(304	)		—			(356	)		(170	)		—			—
	—			(61	)		—			(16	)		(7	)		—			—
	—			(78	)		—			(30	)		(13	)		—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	(9	)		(20	)		—			(23	)		(10	)		—			—

	(1,352	)		(50	)		—			(2,764	)		(1,199	)		(52,363	)		(21,115	)
	(282	)		(12	)		—			(428	)		(238	)		(8,994	)		(4,013	)
	(502	)		(16	)		—			(593	)		(255	)		(8,596	)		(3,527	)
	—			—			—			—			—			(1	)		—
	—			—			—			—			—			(1	)		—
	—			—			—			—			—			(1	)		—
	(43	)		(3	)		—			(166	)		(56	)		(19,921	)		(8,887	)

	(2,219	)		(544	)		—			(4,376	)		(1,948	)		(89,877	)		(37,542	)



	1,151			5,601			19,466			9,173			2,363			22,809			(39,418	)
	6			456			331			1,146			(69	)		(13,917	)		(14,043	)
	(1,389	)		3,314			341			2,692			1,007			235			(7,369	)
	—			—			304			—			—			—			—
	—			—			300			—			—			9			10
	—			—			300			—			—			17			10
	—			—			300			—			—			11			10
	83			(317	)		300			874			534			69,486			(26,063	)

	(149	)		9,054			21,642			13,885			3,835			78,650			(86,863	)

	(25,916	)		20,608			14,178			(9,775	)		4,672			(440,616	)		115,140


	48,136			27,528			—			34,893			30,221			843,176			728,036

$	22,220		$	48,136		$	14,178		$	25,118		$	34,893		$	402,560		$	843,176

$	936		$	(3	)	$	119		$	589		$	374		$	15		$	(1	)

327

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


	Global Health Fund						Global Technology Fund
	For the			For the			For the			For the
	Year Ended			Year Ended			Year Ended			Year Ended
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	(2,072	)	$	(2,821	)	$	(496	)	$	(735	)
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		23,413			69,145			(6,581	)		11,223
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(281,548	)		11,971			(27,536	)		5,071
Payment from affiliate		—			105			—			22

Net increase (decrease) in net assets resulting from operations		(260,207	)		78,400			(34,613	)		15,581


Distributions to Shareholders:
From net investment income
Class A		—			—			—			—
Class B		—			—			—			—
Class C		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			—			—
From net realized gain on investments
Class A		(35,144	)		(14,366	)		—			—
Class B		(6,084	)		(3,261	)		—			—
Class C		(10,053	)		(3,961	)		—			—
Class H +		—			—			—			—
Class I		(1,046	)		(28	)		—			—
Class L		—			—			—			—
Class M +		—			—			—			—
Class N +		—			—			—			—
Class R3		(7	)		—			—			—
Class R4		(36	)		—			—			—
Class R5		(26	)		—			—			—
Class Y		(14,030	)		(7,108	)		—			—
Class Z +		—			—			—			—

Total distributions		(66,426	)		(28,724	)		—			—


Capital Share Transactions:
Class A		(40,482	)		112,453			(4,831	)		4,442
Class B		(11,375	)		(1,331	)		(3,074	)		(1,335	)
Class C		3,916			33,372			(838	)		880
Class H +		—			—			—			—
Class I		37,815			13,622			—			—
Class L		—			—			—			—
Class M +		—			—			—			—
Class N +		—			—			—			—
Class R3		521			111			—			—
Class R4		4,527			481			—			—
Class R5		1,511			439			—			—
Class Y		14,054			7,304			(752	)		1,110
Class Z +		—			—			—			—

Net increase (decrease) from capital share transactions		10,487			166,451			(9,495	)		5,097

Net increase (decrease) in net assets		(316,146	)		216,127			(44,108	)		20,678

Net Assets:
Beginning of period		958,541			742,414			79,489			58,811

End of period	$	642,395		$	958,541		$	35,381		$	79,489

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	—		$	9		$	—		$	—


+		Classes H, M and N were merged into Class L while Class E and Class Z were merged into Class Y on February 9, 2007.

The accompanying notes are an integral part of these financial statements.

328


Growth Allocation Fund						Growth Fund						Growth Opportunities Fund						High Yield Fund
For the			For the			For the			For the			For the			For the			For the			For the
Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	5,854		$	4,831		$	(2,106	)	$	(3,863	)	$	(3,850	)	$	233		$	17,427		$	18,849
	36,540			56,969			(25,396	)		95,187			(390,240	)		261,090			(22,497	)		6,406
	(361,257	)		73,180			(446,193	)		158,395			(1,006,120	)		273,877			(48,390	)		(6,511	)
	—			—			—			154			—			413			—			—

	(318,863	)		134,980			(473,695	)		249,873			(1,400,210	)		535,613			(53,460	)		18,744




	(17,401	)		(7,234	)		—			—			—			—			(12,185	)		(13,611	)
	(4,046	)		(1,483	)		—			—			—			—			(1,900	)		(2,286	)
	(6,814	)		(2,548	)		—			—			—			—			(2,233	)		(2,480	)
	(31	)		(5	)		—			—			(168	)		—			(34	)		(1	)
	—			—			—			—			(256	)		—			—			—
	(2	)		—			—			—			—			—			(1	)		(1	)
	(51	)		—			—			—			(8	)		—			(1	)		(1	)
	(26	)		—			—			—			—			—			(1	)		(1	)
	—			—			—			—			(318	)		—			(770	)		(306	)

	(27,626	)		(8,062	)		(46,494	)		(45,649	)		(115,157	)		(30,496	)		—			—
	(7,937	)		(2,375	)		(3,520	)		(3,502	)		(7,805	)		(2,833	)		—			—
	(13,242	)		(3,987	)		(7,327	)		(6,798	)		(28,975	)		(3,986	)		—			—
	—			—			—			(1,203	)		—			(2,782	)		—			—
	(44	)		—			(2,683	)		(1,187	)		(5,017	)		(7	)		—			—
	—			—			(23,556	)		(19,029	)		(88,662	)		(40,538	)		—			—
	—			—			—			(1,264	)		—			(1,749	)		—			—
	—			—			—			(300	)		—			(440	)		—			—
	(3	)		—			(1	)		—			(36	)		—			—			—
	(69	)		—			(21	)		—			(448	)		—			—			—
	(38	)		—			(5	)		—			(10	)		—			—			—
	—			—			(7,436	)		(7,557	)		(14,810	)		(4,107	)		—			—
	—			—			—			—			—			(2,429	)		—			—

	(77,330	)		(25,694	)		(91,043	)		(86,489	)		(261,670	)		(89,367	)		(17,125	)		(18,687	)



	50,492			70,608			(60,581	)		(165,249	)		1,006,012			389,075			(5,268	)		(18,862	)
	9,391			17,733			(2,634	)		(7,550	)		19,965			11,718			(5,433	)		(5,591	)
	14,661			28,652			3,207			(10,245	)		179,724			127,289			(3,638	)		(4,978	)
	—			—			—			(30,977	)		—			(55,681	)		—			—
	1,089			702			35,310			28,927			153,306			37,203			878			151
	—			—			(7,346	)		33,986			29,100			61,754			—			—
	—			—			—			(26,366	)		—			(31,466	)		—			—
	—			—			—			(7,503	)		—			(8,248	)		—			—
	28			50			67			14			7,952			284			8			11
	6,717			308			1,850			262			26,514			3,230			1			11
	3,083			757			31			56			4,678			67			1			11
	—			—			72,600			(40,641	)		77,306			40,778			11,813			(19,604	)
	—			—			—			—			—			(43,669	)		—			—

	85,461			118,810			42,504			(225,286	)		1,504,557			532,334			(1,638	)		(48,851	)

	(310,732	)		228,096			(522,234	)		(61,902	)		(157,323	)		978,580			(72,223	)		(48,794	)


	887,446			659,350			1,217,158			1,279,060			2,219,945			1,241,365			243,239			292,033

$	576,714		$	887,446		$	694,924		$	1,217,158		$	2,062,622		$	2,219,945		$	171,016		$	243,239

$	3,277		$	1,739		$	—		$	—		$	(66	)	$	266		$	581		$	155

329

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


	High Yield Municipal Bond Fund
				For the Period			Income Allocation Fund
	For the			May 1, 2007 **			For the			For the
	Year Ended			through			Year Ended			Year Ended
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	11,520		$	707		$	2,789		$	1,947
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(12,685	)		(284	)		(961	)		(222	)
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(56,281	)		(1,049	)		(8,966	)		66
Payment from affiliate		—			—			—			—

Net increase (decrease) in net assets resulting from operations		(57,446	)		(626	)		(7,138	)		1,791


Distributions to Shareholders:
From net investment income
Class A		(6,892	)		(529	)		(1,943	)		(1,401	)
Class B		(156	)		(16	)		(257	)		(208	)
Class C		(2,367	)		(82	)		(490	)		(301	)
Class I		(2,152	)		(57	)		(46	)		(31	)
Class R3		—			—			(1	)		—
Class R4		—			—			(27	)		(1	)
Class R5		—			—			(2	)		—
Class Y		—			—			—			—
From net realized gain on investments
Class A		—			—			—			—
Class B		—			—			—			—
Class C		—			—			—			—
Class I		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			—			—

Total distributions		(11,567	)		(684	)		(2,766	)		(1,942	)


Capital Share Transactions:
Class A		164,319			47,287			8,478			9,091
Class B		4,369			1,375			641			247
Class C		81,960			11,403			4,311			669
Class I		59,280			6,954			(373	)		1,114
Class R3		—			—			11			10
Class R4		—			—			1,182			95
Class R5		—			—			83			10
Class Y		—			—			—			—

Net increase (decrease) from capital share transactions		309,928			67,019			14,333			11,236

Net increase (decrease) in net assets		240,915			65,709			4,429			11,085

Net Assets:
Beginning of period		65,709			—			50,036			38,951

End of period	$	306,624		$	65,709		$	54,465		$	50,036

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	223		$	39		$	34		$	11


**		Commencement of operations.

The accompanying notes are an integral part of these financial statements.

330


Income Fund						Inflation Plus Fund						International Growth Fund						International Opportunities Fund
For the			For the			For the			For the			For the			For the			For the			For the
Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	18,842		$	13,237		$	40,628		$	17,073		$	1,647		$	(159	)	$	5,223		$	1,234
	(16,896	)		(292	)		2,090			(1,012	)		(257,465	)		82,495			(50,877	)		65,439
	(46,211	)		(5,084	)		(90,885	)		13,079			(180,270	)		69,202			(172,731	)		54,308
	—			—			—			—			—			6			—			28

	(44,265	)		7,861			(48,167	)		29,140			(436,088	)		151,544			(218,385	)		121,009




	(5,406	)		(3,789	)		(14,746	)		(7,108	)		—			(232	)		(816	)		(570	)
	(446	)		(425	)		(3,680	)		(2,291	)		—			—			—			—
	(699	)		(588	)		(10,507	)		(5,280	)		—			—			—			—
	—			—			(791	)		(64	)		—			(1	)		—			—
	—			—			(6	)		—			—			—			—			—
	—			—			(1	)		—			—			—			—			—
	—			—			(1	)		—			—			—			—			—
	(11,948	)		(8,464	)		(10,227	)		(4,301	)		—			—			(994	)		(1,105	)

	—			—			—			—			(55,090	)		(19,852	)		(35,677	)		(4,324	)
	—			—			—			—			(6,887	)		(3,152	)		(5,943	)		(834	)
	—			—			—			—			(8,792	)		(4,097	)		(4,984	)		(606	)
	—			—			—			—			(462	)		(1	)		—			—
	—			—			—			—			(2	)		—			(4	)		—
	—			—			—			—			(2	)		—			(2	)		—
	—			—			—			—			(2	)		—			(2	)		—
	—			—			—			—			(9,495	)		(3,442	)		(18,133	)		(1,811	)

	(18,499	)		(13,266	)		(39,959	)		(19,044	)		(80,732	)		(30,777	)		(66,555	)		(9,250	)



	2,065			62,672			159,030			(101,233	)		60,051			127,656			69,602			21,004
	(252	)		2,803			14,863			(24,879	)		2,861			7,592			987			(1,443	)
	1,637			6,409			109,914			(90,399	)		4,415			9,034			16,805			2,716
	—			—			28,077			3,376			141,027			3,023			207			—
	—			—			237			10			472			12			89			22
	—			—			8			10			254			10			975			10
	—			—			19			10			2			10			7			10
	(33,960	)		155,902			(13,282	)		20,307			45,691			100			23,783			50,162

	(30,510	)		227,786			298,866			(192,798	)		254,773			147,437			112,455			72,481

	(93,274	)		222,381			210,740			(182,702	)		(262,047	)		268,204			(172,485	)		184,240


	335,564			113,183			579,905			762,607			628,765			360,561			437,228			252,988

$	242,290		$	335,564		$	790,645		$	579,905		$	366,718		$	628,765		$	264,743		$	437,228

$	172		$	95		$	2,715		$	1,990		$	512		$	—		$	5,485		$	1,318

331

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


							LargeCap Growth Fund
	International Small Company Fund									For the Period
	For the			For the			For the			November 30, 2006 **
	Year Ended			Year Ended			Year Ended			through
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	2,445		$	1,039		$	(6	)	$	(13	)
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(63,277	)		38,012			(1,625	)		200
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(104,723	)		25,590			(4,416	)		951
Payment from affiliate		—			—			—			—

Net increase (decrease) in net assets resulting from operations		(165,555	)		64,641			(6,047	)		1,138


Distributions to Shareholders:
From net investment income
Class A		(1,501	)		(818	)		—			(12	)
Class B		(75	)		(72	)		—			—
Class C		(139	)		(81	)		—			—
Class I		(5	)		—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(1,960	)		(1,414	)		—			—
From net realized gain on investments
Class A		(16,627	)		(8,745	)		(196	)		—
Class B		(2,221	)		(1,537	)		(6	)		—
Class C		(3,750	)		(2,387	)		(10	)		—
Class I		(26	)		—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(14,283	)		(11,031	)		(2	)		—

Total distributions		(40,587	)		(26,085	)		(214	)		(12	)


Capital Share Transactions:
Class A		(17,854	)		66,720			894			10,305
Class B		(505	)		5,494			144			331
Class C		(4,298	)		11,172			360			503
Class I		2,136			161			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		11,404			29,216			5,330			100

Net increase (decrease) from capital share transactions		(9,117	)		112,763			6,728			11,239

Net increase (decrease) in net assets		(215,259	)		151,319			467			12,365

Net Assets:
Beginning of period		338,470			187,151			12,365			—

End of period	$	123,211		$	338,470		$	12,832		$	12,365

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	937		$	1,907		$	—		$	—


*		Formerly known as The Hartford Select MidCap Growth Fund.
**		Commencement of operations.
†		Capital Share transactions for each class include merger activity in the amount of $13,927 for Class A, $592 for Class B, $1,147 for Class C and $118 for Class Y. Please refer to Note 8 and 12 in the Notes to Financial Statements for further details.

The accompanying notes are an integral part of these financial statements.

332


MidCap Fund						MidCap Growth Fund *						MidCap Value Fund						Money Market Fund
For the			For the			For the			For the			For the			For the			For the			For the
Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	(7,180	)	$	(755	)	$	(50	)	$	(182	)	$	(78	)	$	(913	)	$	12,312		$	13,462
	(56,994	)		515,686			(6,355	)		4,250			(33,349	)		74,605			(1,852	)		—
	(1,062,998	)		206,436			(14,001	)		1,185			(146,998	)		(4,689	)		—			—
	—			2,459			—			—			—			55			—			—

	(1,127,172	)		723,826			(20,406	)		5,253			(180,425	)		69,058			10,460			13,462




	(10,673	)		—			—			—			—			—			(8,540	)		(11,050	)
	—			—			—			—			—			—			(536	)		(974	)
	—			—			—			—			—			—			(1,498	)		(1,162	)
	—			—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			(1,267	)		(78	)
	—			—			—			—			—			—			(119	)		(5	)
	(1,203	)		—			—			—			—			—			(84	)		(193	)

	(324,294	)		(291,498	)		(2,740	)		(1,002	)		(51,758	)		(39,788	)		—			—
	(73,929	)		(77,097	)		(571	)		(160	)		(10,795	)		(8,536	)		—			—
	(85,395	)		(85,148	)		(598	)		(168	)		(11,178	)		(8,588	)		—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(18,628	)		(27,642	)		(14	)		(616	)		(318	)		(2,054	)		—			—

	(514,122	)		(481,385	)		(3,923	)		(1,946	)		(74,049	)		(58,966	)		(12,045	)		(13,462	)



	193,914			194,559			17,642	^†		(3,914	)		(5,633	)		(3,457	)		172,677			107,280
	(54,633	)		(20,047	)		767	^†		321			(1,329	)		(2,595	)		37,462			1,224
	412			(705	)		1,344	^†		427			(2,633	)		(1,116	)		80,843			42,579
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			520			10
	—			—			—			—			—			—			131,487			17,239
	—			—			—			—			—			—			7,617			1,229
	122,137			(63,076	)		132	^†		(28,667	)		11,361			(27,471	)		(1,106	)		(10,922	)

	261,830			110,731			19,885			(31,833	)		1,766			(34,639	)		429,500			158,639

	(1,379,464	)		353,172			(4,444	)		(28,526	)		(252,708	)		(24,547	)		427,915			158,639


	3,323,209			2,970,037			31,470			59,996			437,437			461,984			424,851			266,212

$	1,943,745		$	3,323,209		$	27,026		$	31,470		$	184,729		$	437,437		$	852,766		$	424,851

$	—		$	11,863		$	—		$	—		$	—		$	(4	)	$	267		$	—

333

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


	Retirement Income Fund						Select MidCap Value Fund
	For the			For the			For the			For the
	Year Ended			Year Ended			Year Ended			Year Ended
	October 31, 2008			October 31, 2007			October 31,2008			October 31, 2007
Operations:
Net investment income (loss)	$	219		$	66		$	907		$	243
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(771	)		53			(21,827	)		10,255
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(1,061	)		51			(15,059	)		(10,487	)
Payment from affiliate		—			—			—			—

Net increase (decrease) in net assets resulting from operations		(1,613	)		170			(35,979	)		11


Distributions to Shareholders:
From net investment income
Class A		(153	)		(54	)		(34	)		—
Class B		(11	)		(6	)		—			—
Class C		(24	)		(5	)		—			—
Class R3		(2	)		—			—			—
Class R4		(34	)		—			—			—
Class R5		(23	)		—			—			—
Class Y		(5	)		(4	)		(316	)		—
From net realized gain on investments
Class A		(43	)		—			(3,926	)		(1,959	)
Class B		(4	)		—			(445	)		(170	)
Class C		(4	)		—			(831	)		(295	)
Class I		—			—			—			—
Class L		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(2	)		—			(5,606	)		(503	)

Total distributions		(305	)		(69	)		(11,158	)		(2,927	)


Capital Share Transactions:
Class A		1,513			2,523			(7,322	)		(7,344	)
Class B		236			33			(200	)		357
Class C		898			73			(2,568	)		1,206
Class H+		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M+		—			—			—			—
Class N+		—			—			—			—
Class R3		58			10			—			—
Class R4		1,761			16			—			—
Class R5		477			10			—			—
Class Y		(117	)		4			(814	)		34,914

Net increase (decrease) from capital share transactions		4,826			2,669			(10,904	)		29,133

Net increase (decrease) in net assets		2,908			2,770			(58,041	)		26,217

Net Assets:
Beginning of period		3,638			868			105,733			79,516

End of period	$	6,546		$	3,638		$	47,692		$	105,733

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	4		$	2		$	511		$	163


+		Classes H, M, and N were merged into Class L while Classes E and Z were merged into Class Y on February 9, 2007.

The accompanying notes are an integral part of these financial statements.

334


Select SmallCap Value Fund						Short Duration Fund						Small Company Fund						SmallCap Growth Fund
For the			For the			For the			For the			For the			For the			For the			For the
Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	1,103		$	935		$	8,317		$	8,928		$	(2,066	)	$	(2,189	)	$	(780	)	$	(1,297	)
	(12,620	)		7,364			(750	)		(198	)		(94,199	)		66,274			(43,655	)		34,762
	(27,686	)		(897	)		(13,330	)		(1,432	)		(215,903	)		40,992			(92,739	)		(4,661	)
	—			—			—			—			—			1,808			—			39

	(39,203	)		7,402			(5,763	)		7,298			(312,168	)		106,885			(137,174	)		28,843




	(105	)		—			(1,537	)		(1,283	)		—			—			—			—
	—			—			(173	)		(233	)		—			—			—			—
	—			—			(771	)		(588	)		—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(775	)		(240	)		(5,747	)		(6,779	)		—			—			—			—

	(1,215	)		(30	)		—			—			(32,052	)		(16,937	)		(16,120	)		—
	(38	)		(1	)		—			—			(6,169	)		(4,857	)		(1,911	)		—
	(49	)		—			—			—			(7,503	)		(4,469	)		(2,577	)		—
	—			—			—			—			(439	)		(8	)		(439	)		—
	—			—			—			—			—			—			(13,612	)		—
	—			—			—			—			(20	)		—			(1	)		—
	—			—			—			—			(1,013	)		—			(30	)		—
	—			—			—			—			(56	)		—			(1	)		—
	(6,095	)		(102	)		—			—			(19,626	)		(8,399	)		(4,586	)		—

	(8,277	)		(373	)		(8,228	)		(8,883	)		(66,878	)		(34,670	)		(39,277	)		—



	2,992			2,021			14,905			8,135			159,043			71,318			(13,623	)		(80,506	)
	134			255			(131	)		(362	)		(8,767	)		(5,491	)		(790	)		(2,918	)
	330			448			6,112			8,105			12,119			9,046			(2,987	)		(1,798	)
	—			—			—			—			—			—			—			(25,058	)
	—			—			—			—			13,691			3,584			795			4,300
	—			—			—			—			—			—			(593	)		35,964
	—			—			—			—			—			—			—			(25,903	)
	—			—			—			—			—			—			—			(10,379	)
	—			—			—			—			4,087			167			4			10
	—			—			—			—			18,065			8,963			1,542			302
	—			—			—			—			10,131			584			55			10
	11,680			83,880			(25,523	)		41,142			89,740			60,917			6,509			(63,006	)

	15,136			86,604			(4,637	)		57,020			298,109			149,088			(9,088	)		(168,982	)

	(32,344	)		93,633			(18,628	)		55,435			(80,937	)		221,303			(185,539	)		(140,139	)


	111,631			17,998			205,501			150,066			624,578			403,275			392,345			532,484

$	79,287		$	111,631		$	186,873		$	205,501		$	543,641		$	624,578		$	206,806		$	392,345

$	805		$	688		$	105		$	18		$	—		$	—		$	—		$	—

335

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


							Strategic Income Fund
	Stock Fund									For the Period
	For the			For the			For the			May 15, 2007 **
	Year Ended			Year Ended			Year Ended			through
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	2,741		$	956		$	14,226		$	1,318
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(106,097	)		170,454			(11,916	)		8
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(311,566	)		6,660			(52,134	)		(156	)
Payment from affiliate		—			1,568			—			—

Net increase (decrease) in net assets resulting from operations		(414,922	)		179,638			(49,824	)		1,170


Distributions to Shareholders:
From net investment income
Class A		(726	)		(3,091	)		(5,814	)		(879	)
Class B		—			—			(337	)		(37	)
Class C		—			—			(3,800	)		(190	)
Class I		—			—			(1,913	)		(114	)
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(469	)		(1,030	)		(1,949	)		(40	)
From net realized gain on investments
Class A		—			—			—			—
Class B		—			—			—			—
Class C		—			—			—			—
Class R4		—			—			—			—
Class Y		—			—			—			—

Total distributions		(1,195	)		(4,121	)		(13,813	)		(1,260	)


Capital Share Transactions:
Class A		(95,535	)		(121,878	)		61,055			43,152
Class B		(55,794	)		(83,356	)		5,497			2,641
Class C		(24,459	)		(35,239	)		70,941			17,197
Class I		100			—			21,383			11,175
Class R3		(4	)		40			—			—
Class R4		10			40			—			—
Class R5		—			10			—			—
Class Y		13,830			(77,302	)		34,722			10,636

Net increase (decrease) from capital share transactions		(161,852	)		(317,685	)		193,598			84,801

Net increase (decrease) in net assets		(577,969	)		(142,168	)		129,961			84,711

Net Assets:
Beginning of period		1,059,510			1,201,678			84,711			—

End of period	$	481,541		$	1,059,510		$	214,672		$	84,711

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	2,811		$	1,179		$	182		$	181


**		Commencement of operations.

The accompanying notes are an integral part of these financial statements.

336


Target Retirement 2010 Fund						Target Retirement 2020 Fund						Target Retirement 2030 Fund						Tax-Free California Fund
For the			For the			For the			For the			For the			For the			For the			For the
Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	358		$	150		$	536		$	178		$	238		$	66		$	1,913		$	1,379
	(946	)		206			(1,289	)		192			(69	)		187			(1,757	)		(267	)
	(4,566	)		461			(11,548	)		1,155			(11,227	)		1,356			(7,734	)		(1,256	)
	—			—			—			—			—			—			—			—

	(5,154	)		817			(12,301	)		1,525			(11,058	)		1,609			(7,578	)		(144	)




	(343	)		(124	)		(697	)		(165	)		(531	)		(39	)		(1,620	)		(1,171	)
	(20	)		(8	)		(25	)		(5	)		(17	)		(3	)		(64	)		(57	)
	(18	)		(12	)		(21	)		(7	)		(15	)		(2	)		(211	)		(139	)
	—			—			—			—			—			—			—			—
	—			—			(1	)		—			—			—			—			—
	(89	)		—			(124	)		(2	)		(34	)		—			—			—
	(22	)		—			(76	)		—			—			—			—			—
	(6	)		(4	)		(1	)		—			(1	)		(1	)		—			—

	(154	)		—			(138	)		(9	)		(147	)		—			—			—
	(10	)		—			(6	)		(1	)		(5	)		—			—			—
	(15	)		—			(5	)		(2	)		(4	)		—			—			—
	(9	)		—			(13	)		—			(7	)		—			—			—
	(3	)		—			—			—			—			—			—			—

	(689	)		(148	)		(1,107	)		(191	)		(761	)		(45	)		(1,895	)		(1,367	)



	2,108			5,388			2,912			14,410			4,442			11,970			754			14,112
	95			263			209			367			392			160			(253	)		432
	82			208			561			249			727			280			1,848			1,896
	—			—			—			—			—			—			—			—
	1			10			73			10			1,285			10			—			—
	6,073			434			10,259			1,095			9,923			618			—			—
	1,626			10			8,615			10			3,411			10			—			—
	10			4			1			—			2			—			—			—

	9,995			6,317			22,630			16,141			20,182			13,048			2,349			16,440

	4,152			6,986			9,222			17,475			8,363			14,612			(7,124	)		14,929


	9,440			2,454			20,239			2,764			16,887			2,275			44,731			29,802

$	13,592		$	9,440		$	29,461		$	20,239		$	25,250		$	16,887		$	37,607		$	44,731

$	48		$	20		$	64		$	25		$	158		$	48		$	32		$	14

337

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


	Tax-Free Minnesota Fund						Tax-Free National Fund
	For the			For the			For the			For the
	Year Ended			Year Ended			Year Ended			Year Ended
	October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	1,527		$	1,488		$	9,111		$	6,502
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(225	)		(114	)		(17,046	)		(887	)
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(4,194	)		(1,098	)		(27,659	)		(5,677	)
Payment from affiliate		—			—			—			—

Net increase (decrease) in net assets resulting from operations		(2,892	)		276			(35,594	)		(62	)


Distributions to Shareholders:
From net investment income
Class A		(412	)		(357	)		(6,270	)		(3,965	)
Class B		(28	)		(27	)		(254	)		(249	)
Class C		(34	)		(24	)		(1,058	)		(643	)
Class E+		—			(249	)		—			(321	)
Class H+		—			(1	)		—			(1	)
Class I		—			—			(196	)		(18	)
Class L		(116	)		(122	)		(354	)		(349	)
Class M+		—			(1	)		—			(11	)
Class N+		—			(1	)		—			(3	)
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(924	)		(713	)		(1,129	)		(878	)
From net realized gain on investments
Class A		—			(40	)		—			(206	)
Class B		—			(5	)		—			(19	)
Class C		—			(2	)		—			(37	)
Class E+		—			(132	)		—			(83	)
Class H+		—			(1	)		—			—
Class I		—			—			—			—
Class L		—			(15	)		—			(22	)
Class M+		—			(1	)		—			(4	)
Class N+		—			(1	)		—			(1	)
Class R5		—			—			—			—
Class Y		—			—			—			—

Total distributions		(1,514	)		(1,692	)		(9,261	)		(6,810	)


Capital Share Transactions:
Class A		(1,197	)		3,419			28,033			47,774
Class B		121			(14	)		(241	)		411
Class C		857			180			11,034			10,438
Class E+		—			(21,995	)		—			(23,648	)
Class H+		—			(125	)		—			(174	)
Class I		—			—			2,133			3,499
Class L		(304	)		405			(1,058	)		1,084
Class M+		—			(106	)		—			(1,216	)
Class N+		—			(195	)		—			(373	)
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(1,269	)		21,018			(3,239	)		22,088

Net increase (decrease) from capital share transactions		(1,792	)		2,587			36,662			59,883

Net increase (decrease) in net assets		(6,198	)		1,171			(8,193	)		53,011

Net Assets:
Beginning of period		36,141			34,970			182,925			129,914

End of period	$	29,943		$	36,141		$	174,732		$	182,925

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	16		$	3		$	154		$	67


+		Classes H, M, and N were merged into Class L while Classes E and Z were merged into Class Y on February 9, 2007.

The accompanying notes are an integral part of these financial statements.

338


Tax-Free New York Fund						Total Return Bond Fund						U.S. Government Securities Fund						Value Fund
For the			For the			For the			For the			For the			For the			For the			For the
Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007			October 31, 2008			October 31, 2007

$	653		$	589		$	67,225		$	47,453		$	9,495		$	9,325		$	6,268		$	4,208
	(15	)		(52	)		(26,681	)		3,072			3,336			(1,114	)		(21,083	)		18,974
	(2,461	)		(486	)		(172,204	)		(9,619	)		(11,609	)		(2,297	)		(132,595	)		35,852
	—			—			—			—			—			—			—			11

	(1,823	)		51			(131,660	)		40,906			1,222			5,914			(147,410	)		59,045




	(500	)		(444	)		(33,441	)		(24,374	)		(3,002	)		(2,302	)		(680	)		—
	(56	)		(57	)		(3,587	)		(3,230	)		(578	)		(624	)		—			—
	(95	)		(85	)		(4,187	)		(3,121	)		(866	)		(420	)		(2	)		—
	—			—			—			—			—			(1,114	)		—			—
	—			—			—			—			—			(18	)		—			—
	—			—			(288	)		(96	)		—			—			(1	)		—
	—			—			—			—			(1,387	)		(1,572	)		—			—
	—			—			—			—			—			(20	)		—			—
	—			—			—			—			—			(7	)		—			—
	—			—			(3	)		—			—			—			—			—
	—			—			(445	)		(12	)		—			—			—			—
	—			—			(13	)		(1	)		—			—			—			—
	—			—			(28,086	)		(16,520	)		(3,692	)		(3,159	)		(3,717	)		(1,650	)

	—			(61	)		—			—			—			—			(4,006	)		(4,894	)
	—			(10	)		—			—			—			—			(600	)		(754	)
	—			(14	)		—			—			—			—			(630	)		(809	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			(2	)		—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			(13,683	)		(9,092	)

	(651	)		(671	)		(70,050	)		(47,354	)		(9,525	)		(9,236	)		(23,322	)		(17,199	)



	1,479			536			140,751			172,188			49,246			9,399			1,477			1,573
	29			(57	)		1,928			3,481			5,850			(2,901	)		(1,181	)		(87	)
	(5	)		281			15,602			10,139			28,453			4,947			728			(372	)
	—			—			—			—			—			(117,292	)		—			—
	—			—			—			—			—			(317	)		—			—
	—			—			3,949			3,007			—			—			678			45
	—			—			—			—			(3,261	)		(1,191	)		—			—
	—			—			—			—			—			(1,163	)		—			—
	—			—			—			—			—			(478	)		—			—
	—			—			133			10			—			—			123			10
	—			—			11,396			2,917			—			—			205			10
	—			—			169			140			—			—			1			10
	—			—			283,425			75,992			(7,446	)		108,077			36,595			198,136

	1,503			760			457,353			267,874			72,842			(919	)		38,626			199,325

	(971	)		140			255,643			261,426			64,539			(4,241	)		(132,106	)		241,171


	15,622			15,482			1,134,122			872,696			193,326			197,567			417,601			176,430

$	14,651		$	15,622		$	1,389,765		$	1,134,122		$	257,865		$	193,326		$	285,495		$	417,601

$	7		$	5		$	7,508		$	2,968		$	120		$	29		$	5,420		$	3,572

339

The Hartford Mutual Funds, Inc. and The Hartford Mutual Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)


	Value Opportunities Fund
	For the			For the
	Year Ended			Year Ended
	October 31, 2008			October 31, 2007
Operations:
Net investment income (loss)	$	1,208		$	897
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(50,072	)		41,292
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(72,198	)		(23,144	)
Payment from affiliate		—			16

Net increase (decrease) in net assets resulting from operations		(121,062	)		19,061


Distributions to Shareholders:
From net investment income
Class A		(465	)		(987	)
Class B		—			(49	)
Class C		—			(123	)
Class I		(30	)		(3	)
Class L		(198	)		(275	)
Class M+		—			(4	)
Class N+		—			(3	)
Class R3		(2	)		—
Class R4		(7	)		—
Class Y		(198	)		—
From net realized gain on investments
Class A		(22,278	)		(9,357	)
Class B		(3,201	)		(1,654	)
Class C		(5,032	)		(2,027	)
Class H+		—			(326	)
Class I		(676	)		(1	)
Class L		(6,052	)		(2,739	)
Class M+		—			(627	)
Class N+		—			(186	)
Class R3		(12	)		—
Class R4		(123	)		—
Class R5		(1	)		—
Class Y		(3,723	)		(4,266	)

Total distributions		(41,998	)		(22,627	)


Capital Share Transactions:
Class A		(11,937	)		46,067
Class B		(1,845	)		2,594
Class C		(3,812	)		10,458
Class H+		—			(2,422	)
Class I		(1,332	)		4,834
Class L		897			6,642
Class M+		—			(5,452	)
Class N+		—			(1,723	)
Class R3		916			125
Class R4		2,441			728
Class R5		1			10
Class Y		11,298			(72,513	)

Net increase (decrease) from capital share transactions		(3,373	)		(10,652	)

Net increase (decrease) in net assets		(166,433	)		(14,218	)

Net Assets:
Beginning of period		286,474			300,692

End of period	$	120,041		$	286,474

Accumulated undistributed (distribution in excess of) net investment income (loss)	$	1,932		$	891


+		Classes H, M, and N were merged into Class L while Classes E and Z were merged into Class Y on February 9, 2007.

The accompanying notes are an integral part of these financial statements.

340

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements

October 31, 2008

(000’s Omitted)


1.	Organization:

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. (each a “Company” or together the “Companies”) are open-end management investment companies comprised of fifty-six portfolios (each a “Fund” or together the “Funds”). Fifty-five portfolios are included in these financial statements. 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 Checks and Balances Fund (Checks and Balances Fund), The Hartford Conservative Allocation Fund (Conservative Allocation Fund), The Hartford Disciplined Equity Fund (Disciplined Equity Fund), The Hartford Diversified International Fund (Diversified International 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 Equity Fund (Global Equity Fund), The Hartford Global Financial Services Fund (Global Financial Services Fund), The Hartford Global Growth Fund (Global Growth Fund), The Hartford Global Health Fund (Global Health 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 High Yield Municipal Bond Fund (High Yield Municipal Bond 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 Growth Fund (International Growth 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 Value Fund (Select MidCap Value Fund), The Hartford Select SmallCap Value Fund (Select 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 Strategic Income Fund (Strategic Income 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 (“1940 Act”), 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, High Yield Municipal Bond Fund, Inflation Plus Fund, Tax-Free California Fund and Tax-Free New York Fund, which are non-diversified.

Effective February 25, 2008, The Hartford Select MidCap Growth Fund was renamed The Hartford MidCap Growth Fund.

Class A shares are sold with a front-end sales charge of up to 5.50%, except for High Yield Fund, High Yield Municipal Bond Fund, Income Allocation Fund, Income Fund, Inflation Plus Fund, Strategic Income 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%; and the Floating Rate Fund and Short Duration Fund which have a maximum front-end sales charge of up to 3.00%. A front-end sales charge is not assessed on Class A shares for the Money Market Fund. Class B shares are sold with a contingent deferred sales charge which is assessed on the lesser of the per share net asset value (“NAV”) 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% on shares redeemed within twelve months of purchase. Class I shares are sold without sales charges to certain eligible investors through advisory fee-based wrap programs. Class L shares are sold with a front-end sales charge of up to 4.75%. Classes R3, R4, R5 shares, which are offered to employer-sponsored retirement plans, and Class Y shares, which are sold to certain eligible institutional investors, are sold without a sales charge. All classes of shares have identical voting, redemption, dividend, liquidation and other rights and the same terms and conditions, with the exceptions that each class may have different expenses, which may affect performance, and Class B shares automatically convert to Class A shares after 8 years.

Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Growth Allocation Fund and Income Allocation Fund (collectively, the “Asset Allocation Funds”), Retirement Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund and Target Retirement 2030 Fund (collectively, the “Target Retirement Funds”) and Checks and Balances Fund are referred to as “Funds of Funds”, which invest the majority of their assets in Class Y shares of other Hartford mutual funds: domestic and international equity funds and fixed income funds (“Underlying Funds”) as well as certain exchange-traded funds (“ETFs”). The Asset Allocation Funds and 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 indirect subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”). Checks and Balances Fund seeks its investment goal through investment in a combination of Hartford mutual funds: Capital Appreciation Fund, Dividend and Growth Fund and Total Return Bond Fund. Checks and Balances Fund is managed by Hartford Investment Financial Services, LLC’s (“HIFSCO”) Investment Oversight Committee.


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 (“GAAP”) in the investment company industry:


	a)	Security Transactions and Investment Income — Security transactions are recorded on the trade date (the date the order to buy or sell is executed). Security gains and losses are determined on the basis of identified cost.

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

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.

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 the ex-dividend date.


	b)	Security Valuation — Except for the Money Market Fund, the Funds (references to “Funds” in this section may 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 prices 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 security’s primary markets, 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 stocks primarily traded on foreign markets, each Fund uses a fair value pricing service approved by that Fund’s Board of Directors, which employs quantitative models that evaluate changes in the value of foreign market proxies (e.g., futures contracts, ADR’s, ETF’s) after the close of the foreign markets but before the close of the Exchange. Securities that are primarily traded on foreign markets may trade on days that are not 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 NAV of their respective shares to differ significantly from the NAV that would have been calculated using market prices at the close of the exchange on which a portfolio security is primarily 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.

Debt securities (other than short-term obligations and senior floating rate interests) held by the Funds are valued on the basis of valuations furnished by an independent pricing service which determines valuations for normal institutional size trading units of debt securities. Senior floating rate interests generally trade in over-the-counter (“OTC”) markets and are priced through an independent pricing service utilizing independent market quotations from loan dealers or financial institutions. Securities for which prices are not available from an independent pricing service are valued using market quotations obtained from one or more dealers that make markets in the securities in accordance with procedures established by that Fund’s Board of Directors. Generally, each Fund may use fair valuation in regard to debt securities when a Fund holds defaulted or distressed securities or securities in a company in which a 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 of other funds 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. (“Nasdaq”) or another 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 mean between bid and asked prices 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 prevailing exchange rates.

Options contracts on securities, currencies, indexes, futures contracts, commodities and other instruments shall be valued at their most recent sales 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 are valued at the most recent settlement price reported by an exchange on which, over time, they are traded most extensively. If a settlement price is not available, futures contracts will be valued at the most recent trade price as of the Valuation Time. If there were no trades, the contract shall be valued at the mean of the closing bid/ask prices as of the Valuation Time.

Financial instruments for which prices are not available from an independent pricing service are valued using market quotations obtained from one or more dealers that make markets in securities in accordance with procedures established by the Funds’ 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.

Swaps are valued based on custom valuations furnished by an independent pricing service. Swaps for which prices are not available from an independent pricing service are valued in accordance with procedures established by the Funds’ Board of Directors.

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 Funds’ Board of Directors.

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Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund on the valuation 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 the 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 the foreign currency exchange rates on portfolio securities from the fluctuations arising from changes in the market prices of securities held. Such fluctuations are included with 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 The Hartford Money Market Fund, may lend their securities to certain qualified brokers who pay these Funds negotiated lender fees. The loans are fully collateralized at all times with cash and/or U.S. Government Securities and/or repurchase agreements. The cash collateral is then invested in short-term money market instruments. The repurchase agreements are fully collateralized by U.S. Government Securities. 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 out on loan, such collateral is supplemented on the following business day.

While securities are on loan, each Fund is subject to the following risks: 1) that the borrower may default on the loan and that the collateral could be inadequate in the event the borrower defaults, 2) that the earnings on the collateral invested may not be sufficient to pay fees incurred in connection with the loan, 3) that the principal value of the collateral invested may decline and may not be sufficient to pay back the borrower for the amount of the collateral posted, 4) that the borrower may use the loaned securities to cover a short sale which may place downward pressure on the market prices of the loaned securities, 5) that return of loaned securities could be delayed and could interfere with portfolio management decisions and 6) that any efforts to recall the securities for purposes of voting a proxy may not be effective. Certain Funds, as shown on the Schedule of Investments, had securities out on loan as of October 31, 2008.


	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. Certain Funds, as shown on the Schedule of Investments, had outstanding repurchase agreements as of October 31, 2008.

	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 the 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 a fluctuation in the Fund’s NAV. Reverse Repurchase Agreements are valued at proceeds plus accrued interest. There were no outstanding reverse repurchase agreements as of October 31, 2008.

	h)	Forward Foreign Currency Contracts — For the year ended October 31, 2008, certain Funds entered into forward foreign currency contracts that obligate the Funds to repurchase/replace or sell currencies at specified future dates. The Funds may 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 the foreign currencies relative to the U.S. dollar.


	i)	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 had investments in indexed securities, as of October 31, 2008, as shown in the Schedule of Investments under Exchange Traded Funds.

	j)	Fund Share Valuation and Dividend Distributions to Shareholders — Orders for the Funds’ shares are executed in accordance with the investment instructions of the shareholders. The NAV of each Fund’s shares is determined as of the close of each business day of the Exchange. The NAV 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 prior to the close of the Exchange on any day on which the Exchange is open for business are priced at the per-share NAV determined as of the close of the Exchange. Orders 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 NAV.

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,

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

Diversified International Fund, Equity Growth Allocation Fund, Fundamental Growth Fund, Global Communications Fund, Global Equity Fund, Global Financial Services Fund, Global Growth Fund, Global Health Fund, Global Technology Fund, Growth Allocation Fund, Growth Fund, Growth Opportunities Fund, International Growth Fund, International Opportunities Fund, International Small Company Fund, LargeCap Growth Fund, MidCap Fund, MidCap Growth Fund, MidCap Value 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, Checks and Balances 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, High Yield Municipal Bond Fund, Income Fund, Inflation Plus Fund, Money Market Fund, Short Duration Fund, Strategic Income 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 the 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, realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences include foreign currency gains and losses, losses deferred due to wash sales adjustments, related to Passive Foreign Investment Companies and certain derivatives, 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 4 (c)).


	k)	Illiquid and Restricted Securities — Each Fund is permitted to invest up to 15% of its net assets in illiquid securities, 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 NAV. 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 for such securities or investments, and investment in them may have an adverse impact on NAV. Each Fund may also purchase certain restricted securities, commonly known as Rule 144A securities, that can be resold to institutions and which may be determined to be liquid pursuant to policies and guidelines established by the Funds’ Board of Directors. Certain Funds, as shown in the Schedule of Investments, had illiquid or restricted securities as of October 31, 2008.

	l)	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, 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 October 31, 2008, the Funds had entered into outstanding when-issued or forward commitments as follows:


Fund	Cost

Floating Rate Fund	$	25,235
High Yield Fund		1,247
High Yield Municipal Bond Fund		2,999
Income Fund		342
Strategic Income Fund		7,037
Tax-Free National Fund		1,532
Total Return Bond Fund		6,552


	m)	Credit Risk — Credit risk depends largely on the perceived financial health of bond issuers. In general, lower rated bonds have higher credit risk. 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.

	n)	Senior Floating Rate Interests — Certain Funds, as shown in the Schedule 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 typically rated below-investment-grade, which suggests they are more likely to default and generally pay higher interest rates 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.

	o)	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 interest or debt security to increase in response to interest rate declines is limited. For certain asset-backed securities, the actual maturity may be less

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		than the stated maturity shown in the Schedule of Investments. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity.

Senior floating rate interests or debt securities purchased to replace a prepaid loan or a 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 held may be substantially less than the stated maturities shown in the Schedule of Investments.


	p)	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. 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 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. No Funds had outstanding swaps as of October 31, 2008.


	q)	Use of Estimates — The preparation of financial statements in conformity with U.S. GAAP 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.

	r)	Financial Accounting Standards Board Financial Accounting Standards No. 157 — In September 2006, the Financial Accounting Standards Board (“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 after November 15, 2007, and interim periods within those fiscal years. As of October 31, 2008, 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.

	s)	Financial Accounting Standards Board Financial Accounting Standards No. 161 — In March 2008, FASB released Statement of Financial Accounting Standards No. 161, “Disclosures about Derivative Instruments and Hedging Activities” (“FAS 161”). FAS 161 requires companies to disclose information detailing the objectives and strategies for using derivative instruments, the level of derivative activity entered into by the company and any credit risk-related contingent features of the agreements. The application of FAS 161 is required for fiscal years and interim periods beginning after November 15, 2008. At this time, management is evaluating the implications of FAS 161 and has not yet implemented the new disclosure standard.

	t)	Indemnifications — Under the Companies’ organizational documents, each Company shall indemnify its officers and directors to the full extent required or permitted under Maryland Corporate Law and the federal securities law. In addition, the Companies, on behalf of the Funds, may enter into contracts that contain a variety of indemnifications. The Companies’ maximum exposure under these arrangements is unknown. However, the Companies have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.


3.	Futures and Options:

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 such futures contracts, they are required to deposit with a futures 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 the 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 variation margin is then made, additional cash is required to be paid by or released to the Fund and the Fund realizes 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 the Funds’ strategies and potentially result in loss. Certain Funds, as shown on the Schedule of Investments, had outstanding futures contracts as of October 31, 2008.

The premium paid by a Fund for the purchase of a call or put option is included in the Fund’s Statement 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 the 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 pledge 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

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Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

Fund’s Statement 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 the value of such options, which may exceed the related premiums received. Transactions involving written option contracts for the Funds during the year ended October 31, 2008, are summarized below:


	Advisers Fund
	Options Contract Activity During the
	Year Ended October 31, 2008
Call Options Written During the Period	Number of Contracts^*			Premium Amounts

Beginning of the period		243		$	67
Written		—			—
Expired		—			—
Closed		(243	)		(67	)
Exercised		—			—

End of Period		—		$	—


Put Options Written During the Period	Number of Contracts^*			Premium Amounts

Beginning of the period		—		$	—
Written		2,085			546
Expired		—			—
Closed		(2,085	)		(546	)
Exercised		—			—

End of Period		—		$	—


	Capital Appreciation II Fund
	Options Contract Activity During the
	Year Ended October 31, 2008
Call Options Written During the Period	Number of Contracts^*			Premium Amounts

Beginning of the period		—		$	—
Written		9			4
Expired		—			—
Closed		(9	)		(4	)
Exercised		—			—

End of Period		—		$	—


	Disciplined Equity Fund
	Options Contract Activity During the
	Year Ended October 31, 2008
Call Options Written During the Period	Number of Contracts^*			Premium Amounts

Beginning of the period		140		$	19
Written		4,129			467
Expired		(2,838	)		(282	)
Closed		(1,247	)		(158	)
Exercised		(184	)		(46	)

End of Period		—		$	—


Put Options Written During the Period	Number of Contracts^*			Premium Amounts

Beginning of the period		29		$	3
Written		1,306			115
Expired		(1,002	)		(83	)
Closed		(179	)		(19	)
Exercised		(154	)		(16	)

End of Period		—		$	—

346

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


4.	Federal Income Taxes:


	a)	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, 2008. Accordingly, no provision for federal income or excise taxes has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distribution for federal income tax purposes.

	b)	The tax character of distributions paid for the periods indicated is as follows (as adjusted for dividends payable):


	For the Year Ended						For the Year Ended
	October 31, 2008						October 31, 2007
	Tax Exempt		Ordinary		Long-Term		Tax Exempt			Ordinary			Long-Term
	Income (a)		Income		Capital Gains (b)		Income (a)			Income			Capital Gains (b)

Advisers Fund	$	—	$	120,978	$	65,012	$	—		$	24,582		$	9,545
Balanced Allocation Fund		—		38,476		40,661		—			22,740			16,040
Balanced Income Fund		—		2,204		19		—			870			—
Capital Appreciation Fund		—		474,292		1,323,670		—			455,689			739,935
Capital Appreciation II Fund		—		75,863		24,956		—			7,427			1,610
Checks and Balances Fund		—		13,825		—		—	(A)		483	(A)		—	(A)
Conservative Allocation Fund		—		8,611		5,880		—			5,741			3,535
Disciplined Equity Fund		—		1,020		—		—			2,100			—
Diversified International Fund (D)		—		—		—		—			—			—
Dividend and Growth Fund		—		81,893		208,970		—			57,157			201,659
Equity Growth Allocation Fund		—		9,945		18,273		—			2,242			5,366
Equity Income Fund		—		26,921		21,647		—			17,199			25,507
Floating Rate Fund		—		179,028		—		—			252,120			—
Fundamental Growth Fund		—		6,221		1,094		—			—			—
Global Communications Fund		—		40		2,179		—			391			153
Global Equity Fund (Q)		—		—		—		—			—			—
Global Financial Services Fund		—		681		3,695		—			200			1,748
Global Growth Fund		—		18,484		71,393		—			15,315			22,227
Global Health Fund		—		18,256		48,170		—			6,779			21,945
Global Technology Fund		—		—		—		—			—			—
Growth Allocation Fund		—		31,057		46,273		—			11,270			14,424
Growth Fund		—		9,424		81,619		—			—			86,489
Growth Opportunities Fund		—		161,438		100,232		—			26,275			63,092
High Yield Fund		—		17,209		—		—			18,374			—
High Yield Municipal Bond Fund		10,972		—		—		584	#		—	#		—	#
Income Allocation Fund		—		2,766		—		—			1,942			—
Income Fund		—		18,595		—		—			13,076			—
Inflation Plus Fund		—		40,029		—		—			18,827			—
International Growth Fund		—		46,092		34,640		—			20,540			10,237
International Opportunities Fund		—		37,332		29,223		—			1,675			7,575
International Small Company Fund		—		25,072		15,515		—			16,470			9,615
LargeCap Growth Fund		—		214		—		—	(V)		12	(V)		—	(V)
MidCap Fund		—		151,000		363,122		—			42,383			439,002
MidCap Growth Fund (c)		—		3,444		479		—			1,264			682
MidCap Value Fund		—		10,962		63,087		—			14,105			44,861
Money Market Fund		—		12,123		—		—			13,462			—
Retirement Income Fund		—		290		15		—			69			—
Select MidCap Value Fund		—		6,729		4,429		—			2,388			539
Select SmallCap Value Fund		—		7,663		614		—			361			12
Short Duration Fund		—		8,250		—		—			8,826			—
Small Company Fund		—		43,260		23,618		—			—			34,670
SmallCap Growth Fund		—		5,569		33,708		—			—			—
Stock Fund		—		1,195		—		—			4,121			—
Strategic Income Fund		—		13,558		—		—	@		1,168	@		1	@
Target Retirement 2010 Fund		—		607		82		—			148			—
Target Retirement 2020 Fund		—		1,016		91		—			188			3
Target Retirement 2030 Fund		—		684		77		—			44			1
Tax-Free California Fund		1,845		14		—		1,337			—			—
Tax-Free Minnesota Fund		1,519		—		—		1,495			—			173

348


	For the Year Ended						For the Year Ended
	October 31, 2008						October 31, 2007
	Tax Exempt		Ordinary		Long-Term		Tax Exempt		Ordinary		Long-Term
	Income (a)		Income		Capital Gains (b)		Income (a)		Income		Capital Gains (b)

Tax-Free National Fund	$	9,273	$	—	$	—	$	6,250	$	—	$	372
Tax-Free New York Fund		652		—		—		583		—		85
Total Return Bond Fund		—		70,069		—		—		47,180		—
U.S. Government Securities Fund		—		9,551		—		—		9,082		—
Value Fund		—		13,907		9,415		—		2,008		15,191
Value Opportunities Fund		—		11,033		30,965		—		6,712		15,915


(a)		The Funds designate these distributions as exempt interest per IRC Sec. 852(b) (5).
(b)		The Funds designate these distributions as long-term capital gain dividends per IRC code Sec. 852(b) (3) (C).
(c)		Formerly known as The Hartford Select Midcap Growth Fund.


(A)		For the period May 31, 2007 (commencement of operations) through October 31, 2007.
#		For the period May 1, 2007 (commencement of operations) through October 31, 2007.


@		For the period May 15, 2007 (commencement of operations) through October 31, 2007.


(V)		For the period November 30, 2006 (commencement of operations) through October 31, 2007.
(Q)		For the period February 29, 2008 (commencement of operations) through October 31, 2008.
(D)		For the period June 30, 2008 (commencement of operations) through October 31, 2008.

As of October 31, 2008, the components of distributable earnings (deficit) on tax basis were as follows:


											Total
	Undistributed		Undistributed		Accumulated			Unrealized			Accumulated
	Ordinary		Long-Term		Capital Gains			Appreciation			Earnings
	Income		Capital Gain		(Losses)^*			(Depreciation)^@			(Deficit)

Advisers Fund	$	6,246	$	—	$	(92,120	)	$	(310,748	)	$	(396,622	)
Balanced Allocation Fund		1,113		—		(14,074	)		(223,495	)		(236,456	)
Balanced Income Fund		302		—		(2,352	)		(10,579	)		(12,629	)
Capital Appreciation Fund		162,289		—		(616,357	)		(5,993,452	)		(6,447,520	)
Capital Appreciation II Fund		—		—		(168,861	)		(408,094	)		(576,955	)
Checks and Balances Fund		1,464		7,205		—			(323,790	)		(315,121	)
Conservative Allocation Fund		442		—		(6,794	)		(43,142	)		(49,494	)
Disciplined Equity Fund		928		—		(33,649	)		(49,816	)		(82,537	)
Diversified International Fund		28		—		(2,149	)		(6,169	)		(8,290	)
Dividend and Growth Fund		4,831		—		(90,146	)		(590,909	)		(676,224	)
Equity Growth Allocation Fund		—		1,948		—			(94,209	)		(92,261	)
Equity Income Fund		1,611		—		(7,629	)		(147,338	)		(153,356	)
Floating Rate Fund		10,319		—		(319,708	)		(738,445	)		(1,047,834	)
Fundamental Growth Fund		—		—		(4,937	)		(14,346	)		(19,283	)
Global Communications Fund		933		—		(2,944	)		(10,013	)		(12,024	)
Global Equity Fund		121		—		(1,096	)		(6,459	)		(7,434	)
Global Financial Services Fund		589		—		(5,826	)		(10,397	)		(15,634	)
Global Growth Fund		—		—		(45,031	)		(132,670	)		(177,701	)
Global Health Fund		—		30,075		—			(177,532	)		(147,457	)
Global Technology Fund		—		—		(44,968	)		(17,254	)		(62,222	)
Growth Allocation Fund		3,277		12,856		—			(229,641	)		(213,508	)
Growth Fund		—		—		(21,260	)		(206,436	)		(227,696	)
Growth Opportunities Fund		—		—		(333,785	)		(644,177	)		(977,962	)
High Yield Fund		805		—		(80,815	)		(52,902	)		(132,912	)
High Yield Municipal Bond Fund		917		—		(13,206	)		(57,329	)		(69,618	)
Income Allocation Fund		34		—		(771	)		(9,940	)		(10,677	)
Income Fund		274		—		(17,396	)		(50,899	)		(68,021	)
Inflation Plus Fund		3,607		—		—			(107,811	)		(104,204	)
International Growth Fund		505		—		(194,181	)		(125,553	)		(319,229	)
International Opportunities Fund		5,534		—		(42,925	)		(99,741	)		(137,132	)
International Small Company Fund		479		—		(47,944	)		(78,616	)		(126,081	)
LargeCap Growth Fund		—		—		(1,443	)		(3,673	)		(5,116	)
MidCap Fund		—		—		(44,630	)		(505,636	)		(550,266	)
MidCap Growth Fund		—		—		(4,510	)		(14,389	)		(18,899	)
MidCap Value Fund		—		—		(31,413	)		(82,596	)		(114,009	)
Money Market Fund		280		—		(1,851	)		—			(1,571	)
Retirement Income Fund		4		—		(659	)		(1,148	)		(1,803	)

349

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


											Total
	Undistributed		Undistributed		Accumulated			Unrealized			Accumulated
	Ordinary		Long-Term		Capital Gains			Appreciation			Earnings
	Income		Capital Gain		(Losses)^*			(Depreciation)^@			(Deficit)

Select MidCap Value Fund	$	511	$	—	$	(20,977	)	$	(20,775	)	$	(41,241	)
Select SmallCap Value Fund		805		—		(11,889	)		(27,881	)		(38,965	)
Short Duration Fund		148		—		(3,138	)		(15,438	)		(18,428	)
Small Company Fund		—		—		(87,726	)		(148,153	)		(235,879	)
SmallCap Growth Fund		—		—		(47,033	)		(70,733	)		(117,766	)
Stock Fund		6,075		—		(234,833	)		(257,687	)		(486,445	)
Strategic Income Fund		528		—		(12,098	)		(51,777	)		(63,347	)
Target Retirement 2010 Fund		47		—		(918	)		(4,258	)		(5,129	)
Target Retirement 2020 Fund		64		—		(1,515	)		(10,535	)		(11,986	)
Target Retirement 2030 Fund		158		—		(378	)		(9,952	)		(10,172	)
Tax-Free California Fund		98		—		(2,029	)		(8,036	)		(9,967	)
Tax-Free Minnesota Fund		35		—		(339	)		(3,714	)		(4,018	)
Tax-Free National Fund		330		—		(18,170	)		(27,023	)		(44,863	)
Tax-Free New York Fund		9		—		(67	)		(2,351	)		(2,409	)
Total Return Bond Fund		14,050		—		(40,165	)		(187,713	)		(213,828	)
U.S. Government Securities Fund		249		—		(16,276	)		(12,435	)		(28,462	)
Value Fund		5,420		—		(17,720	)		(74,419	)		(86,719	)
Value Opportunities Fund		1,743		—		(49,246	)		(61,115	)		(108,618	)


*		Certain Funds had capital loss carryforwards that are identified in Note 4 (d).
@		The difference between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to the tax deferral of wash sales 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.


	c)	Reclassification of Capital Accounts:

In accordance with American Institute of Certified Public Accountants (AICPA) 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 reclassifications in their capital accounts. These reclassifications had no impact on the net asset value per share of the Funds. The reclassifications are a result of permanent differences between GAAP and tax accounting for such items as net operating losses that reduce distribution requirements. Adjustments are made to reflect the impact these items have on current and future distributions to shareholders. Therefore, the source of a Fund’s 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 year ended October 31, 2008, the Funds recorded the following reclassifications to increase (decrease) the accounts listed below.


	Undistributed			Accumulated
	Net Investment			Net Realized			Paid in
	Income			Gain (Loss)			Capital

Advisers Fund	$	121		$	(121	)	$	—
Balanced Allocation Fund		18,029			(18,029	)		—
Balanced Income Fund		36			(36	)		—
Capital Appreciation Fund		(87,735	)		87,735			—
Capital Appreciation II Fund		2,826			(1,937	)		(889	)
Checks and Balances Fund		2,272			(2,272	)		—
Conservative Allocation Fund		2,023			(2,023	)		—
Disciplined Equity Fund		(8	)		7			1
Diversified International Fund		(15	)		33			(18	)
Dividend and Growth Fund		(72	)		72			—
Equity Growth Allocation Fund		11,584			(11,584	)		—
Equity Income Fund		(70	)		70			—
Floating Rate Fund		1,361			(1,361	)		—
Fundamental Growth Fund		195			—			(195	)
Global Communications Fund		(80	)		80			—
Global Equity Fund		20			10			(30	)
Global Financial Services Fund		(20	)		20			—
Global Growth Fund		1,095			79			(1,174	)
Global Health Fund		2,063			(706	)		(1,357	)
Global Technology Fund		496			13			(509	)
Growth Allocation Fund		24,055			(24,055	)		—
Growth Fund		2,106			102			(2,208	)
Growth Opportunities Fund		4,268			1,007			(5,275	)

350


	Undistributed			Accumulated
	Net Investment			Net Realized			Paid in
	Income			Gain (Loss)			Capital

High Yield Fund	$	124		$	15,926		$	(16,050	)
High Yield Municipal Bond Fund		231			(237	)		6
Income Fund		(266	)		266			—
Inflation Plus Fund		56			(1,644	)		1,588
International Growth Fund		(1,135	)		1,075			60
International Opportunities Fund		754			207			(961	)
International Small Company Fund		265			(241	)		(24	)
LargeCap Growth Fund		6			—			(6	)
MidCap Fund		7,193			662			(7,855	)
MidCap Growth Fund		50			17			(67	)
MidCap Value Fund		82			137			(219	)
Money Market Fund		—			1			(1	)
Retirement Income Fund		35			(35	)		—
Select MidCap Value Fund		(209	)		209			—
Select SmallCap Value Fund		(106	)		106			—
Short Duration Fund		(2	)		2			—
Small Company Fund		2,066			50			(2,116	)
SmallCap Growth Fund		780			14			(794	)
Stock Fund		86			(86	)		—
Strategic Income Fund		(412	)		412			—
Target Retirement 2010 Fund		168			(168	)		—
Target Retirement 2020 Fund		448			(448	)		—
Target Retirement 2030 Fund		470			(470	)		—
Tax-Free National Fund		237			(237	)		—
Total Return Bond Fund		7,365			(7,365	)		—
U.S. Government Securities Fund		121			(121	)		—
Value Fund		(20	)		20			—
Value Opportunities Fund		733			(733	)		—


	d)	Capital Loss Carryforward:

At October 31, 2008 (tax-year-end), the following Funds had capital loss carryforwards for U.S. federal income tax purposes of approximately:


Fund	2009	2010	2011	2012	2013	2014	2015	2016	Total

Advisers Fund	$—	$—	$—	$—	$—	$—	$—	$92,120	$92,120
Balanced Allocation Fund	—	—	—	—	—	—	—	14,074	14,074
Balanced Income Fund	—	—	—	—	—	—	—	2,352	2,352
Capital Appreciation Fund	—	—	—	—	—	—	—	616,357	616,357
Capital Appreciation II Fund	—	—	—	—	—	—	—	168,861	168,861
Conservative Allocation Fund	—	—	—	—	—	—	—	6,794	6,794
Disciplined Equity Fund	—	—	10,424	—	—	—	—	23,225	33,649
Diversified International Fund	—	—	—	—	—	—	—	2,149	2,149
Dividend and Growth Fund	—	—	—	—	—	—	—	90,146	90,146
Equity Income Fund	—	—	—	—	—	—	—	7,629	7,629
Floating Rate Fund	—	—	—	—	—	1,227	48,277	270,204	319,708
Fundamental Growth Fund	—	—	—	—	—	—	—	4,937	4,937
Global Communications Fund	—	—	—	—	—	—	—	2,944	2,944
Global Equity Fund	—	—	—	—	—	—	—	1,096	1,096
Global Financial Services Fund	—	—	—	—	—	—	—	5,826	5,826
Global Growth Fund	—	—	—	—	—	—	—	45,031	45,031
Global Technology Fund	5,132	34,893	—	—	—	—	—	4,943	44,968
Growth Fund	—	—	—	—	—	—	—	21,260	21,260
Growth Opportunities Fund	—	—	—	—	—	—	—	333,785	333,785
High Yield Fund	1,643	25,246	28,570	—	—	3,595	—	21,761	80,815
High Yield Municipal Bond Fund	—	—	—	—	—	—	284	12,922	13,206
Income Allocation Fund	—	—	—	—	—	38	96	637	771
Income Fund	—	—	—	—	311	262	161	16,662	17,396
International Growth Fund	—	—	—	—	—	—	—	194,181	194,181
International Opportunities Fund	511	—	—	—	—	—	—	42,414	42,925

351

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


Fund	2009	2010	2011	2012	2013	2014	2015	2016	Total

International Small Company Fund	$—	$—	$—	$—	$—	$—	$—	$47,944	$47,944
LargeCap Growth Fund	—	—	—	—	—	—	—	1,443	1,443
MidCap Fund	—	—	—	—	—	—	—	44,630	44,630
MidCap Growth Fund	—	—	—	—	—	—	—	4,510	4,510
MidCap Value Fund	—	—	—	—	—	—	—	31,413	31,413
Money Market Fund	—	—	—	—	—	—	—	1,851	1,851
Retirement Income Fund	—	—	—	—	—	—	—	659	659
Select MidCap Value Fund	—	—	—	—	—	—	—	20,977	20,977
Select SmallCap Value Fund	—	—	—	—	—	—	—	11,889	11,889
Short Duration Fund	—	—	221	295	977	732	162	751	3,138
Small Company Fund	—	—	—	—	—	—	—	87,726	87,726
SmallCap Growth Fund	—	—	—	—	—	—	—	47,033	47,033
Stock Fund	—	—	138,221	—	—	—	—	96,612	234,833
Strategic Income Fund	—	—	—	—	—	—	—	12,098	12,098
Target Retirement 2010 Fund	—	—	—	—	—	—	—	918	918
Target Retirement 2020 Fund	—	—	—	—	—	—	—	1,515	1,515
Target Retirement 2030 Fund	—	—	—	—	—	—	—	378	378
Tax-Free California Fund	—	—	—	—	—	5	267	1,757	2,029
Tax-Free Minnesota Fund	—	—	—	—	—	—	114	225	339
Tax-Free National Fund	—	—	—	—	—	—	887	17,283	18,170
Tax-Free New York Fund	—	—	—	—	—	—	52	15	67
Total Return Bond Fund	—	—	—	—	—	8,509	—	31,656	40,165
U.S. Government Securities Fund	2,418	—	672	3,591	2,517	6,198	880	—	16,276
Value Fund	—	—	—	—	—	—	—	17,720	17,720
Value Opportunities Fund	—	—	—	—	—	—	—	49,246	49,246

Based on certain provisions in the Internal Revenue Code, various limitations regarding the future utilization of High Yield Fund and International Opportunities Fund carryforwards may apply. As of October 31, 2008, High Yield Fund and International Opportunities Fund had $16,050 and $959 in expired capital loss carryforwards, respectively.


	e)	Financial Accounting Standards Board Interpretation No. 48 — On July 13, 2006, the 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. The Funds adopted FIN 48 for fiscal years beginning after December 15, 2006. Management has evaluated the implications of FIN 48 for all open tax years (tax years ended October 31, 2006 — 2008) and has determined there is no impact to the Funds’ financial statements.


5.	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, Diversified International Fund, Dividend and Growth Fund, Equity Income Fund, Fundamental Growth Fund, Global Communications Fund, Global Equity Fund, Global Financial Services Fund, Global Growth Fund, Global Health Fund, Global Technology Fund, Growth Fund, Growth Opportunities Fund, International Growth 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 Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Floating Rate Fund, Growth Allocation Fund, High Yield Fund, High Yield Municipal Bond Fund, Income Fund, Income Allocation Fund, Inflation Plus Fund, LargeCap Growth Fund, MidCap Growth Fund, Money Market Fund, Retirement Income Fund, Select MidCap Value Fund, Short Duration Fund, Small Company Fund, SmallCap Growth Fund, Strategic Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund, Target Retirement 2030 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. 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. Checks and Balances Fund is managed by HIFSCO’s Investment Oversight Committee.

352

The schedule below reflects the rates of compensation paid to HIFSCO for investment advisory services rendered during the year ended October 31, 2008; the rates are accrued daily and paid monthly:

Capital Appreciation II Fund(1)


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%


(1)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $250 million		1.0000%
On next $250 million		0.9500%
On next $500 million		0.9000%
On next $4 billion		0.8500%
On next $5 billion		0.8475%
Over $10 billion		0.8450%

Diversified International Fund(2) and

Select SmallCap Value Fund(2)


Average Daily Net Assets	Annual Fee

On first $500 million		1.00%
On next $500 million		0.95%
Over $1 billion		0.90%


(2)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		1.0000%
On next $500 million		0.9500%
On next $4 billion		0.9000%
On next $5 billion		0.8975%
Over $10 billion		0.8950%

Global Equity Fund(3)


Average Daily Net Assets	Annual Fee

On first $500 million		0.95%
On next $500 million		0.90%
Over $1 billion		0.85%


(3)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.9500%
On next $500 million		0.9000%
On next $4 billion		0.8500%
On next $5 billion		0.8475%
Over $10 billion		0.8450%

Global Communications Fund(4),
Global Financial Services Fund(4), Global Health Fund(4),
Global Technology Fund(4), International Growth Fund(4)
and International Small Company Fund(4)


Average Daily Net Assets	Annual Fee

On first $500 million		0.90%
On next $500 million		0.85%
Over $1 billion		0.80%


(4)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.9000%
On next $500 million		0.8500%
On next $4 billion		0.8000%
On next $5 billion		0.7975%
Over $10 billion		0.7950%

353

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

SmallCap Growth Fund(5)


Average Daily Net Assets	Annual Fee

On first $100 million		0.90%
On next $150 million		0.80%
On next $250 million		0.70%
Over $500 million		0.65%


(5)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $100 million		0.90%
On next $150 million		0.80%
On next $250 million		0.70%
On next $4.5 billion		0.65%
On next $5 billion		0.63%
Over $10 billion		0.62%

Growth Fund (6), Growth Opportunities Fund(6) and
Value Opportunities Fund(6)(7)


Average Daily Net Assets	Annual Fee

On first $100 million		0.90%
On next $150 million		0.80%
Over $250 million		0.70%


(6)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $100 million		0.9000%
On next $150 million		0.8000%
On next $4.75 billion		0.7000%
On next $5 billion		0.6975%
Over $10 billion		0.6950%


(7)		In addition to the new breakpoints described above, as of November 1, 2008, HIFSCO has agreed to permanently reduce its contractual management fee by 0.10% at the first breakpoint and by 0.05% at the second breakpoint. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $100 million		0.8000%
On next $150 million		0.7500%
On next $4.75 billion		0.7000%
On next $5 billion		0.6975%
Over $10 billion		0.6950%

Fundamental Growth Fund(8)


Average Daily Net Assets	Annual Fee

On first $500 million		0.85%
On next $500 million		0.80%
Over $1 billion		0.75%


(8)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.8500%
On next $500 million		0.8000%
On next $4 billion		0.7500%
On next $5 billion		0.7475%
Over $10 billion		0.7450%

Small Company Fund(9)


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%


(9)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


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%
On next $3.5 billion		0.65%
On next $5 billion		0.63%
Over $10 billion		0.62%

354

Global Growth Fund(10),
International Opportunities Fund(10), MidCap Fund(10) and MidCap Value Fund(10)(11)


Average Daily Net Assets	Annual Fee

On first $500 million		0.85%
On next $500 million		0.75%
Over $1 billion		0.70%


(10)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.8500%
On next $500 million		0.7500%
On next $4 billion		0.7000%
On next $5 billion		0.6975%
Over $10 billion		0.6950%


(11)		In addition to the new breakpoints described above, as of November 1, 2008, HIFSCO has agreed to permanently reduce its contractual management fee by 0.05% at the first breakpoint and by 0.025% at all other breakpoints. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.8000%
On next $500 million		0.7250%
On next $4 billion		0.6750%
On next $5 billion		0.6725%
Over $10 billion		0.6700%

Capital Appreciation Fund(12),
Disciplined Equity Fund(12)(13) and Value Fund(12)


Average Daily Net Assets	Annual Fee

On first $500 million		0.80%
On next $500 million		0.70%
Over $1 billion		0.65%


(12)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.8000%
On next $500 million		0.7000%
On next $4 billion		0.6500%
On next $5 billion		0.6475%
Over $10 billion		0.6450%


(13)		In addition to the new breakpoints described above, as of November 1, 2008, HIFSCO has agreed to permanently reduce its contractual management fee by 0.05% at the first breakpoint and by 0.025% at all other breakpoints. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.7500%
On next $500 million		0.6750%
On next $4 billion		0.6250%
On next $5 billion		0.6225%
Over $10 billion		0.6200%

355

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

Equity Income Fund(14)(15),
MidCap Growth Fund(16), Select MidCap Value Fund(16) and Stock Fund(15)


Average Daily Net Assets	Annual Fee

On first $500 million		0.75%
On next $500 million		0.70%
Over $1 billion		0.65%


(14)		Effective November 1, 2007, HIFSCO has voluntarily agreed to waive management fees of 0.05% of average daily net assets until October 31, 2008.

(15)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.7500%
On next $500 million		0.7000%
On next $4 billion		0.6500%
On next $5 billion		0.6475%
Over $10 billion		0.6450%


(16)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.75%
On next $500 million		0.70%
On next $4 billion		0.65%
On next $5 billion		0.63%
Over $10 billion		0.62%

Dividend and Growth Fund(17)


Average Daily Net Assets	Annual Fee

On first $500 million		0.75%
On next $500 million		0.65%
Over $1 billion		0.60%


(17)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.7500%
On next $500 million		0.6500%
On next $4 billion		0.6000%
On next $5 billion		0.5975%
Over $10 billion		0.5950%

Balanced Income Fund(18)


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%


(18)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $250 million		0.7250%
On next $250 million		0.7000%
On next $500 million		0.6750%
On next $4 billion		0.6500%
On next $5 billion		0.6475%
Over $10 billion		0.6450%

High Yield Fund


Average Daily Net Assets	Annual Fee

On first $500 million		0.70%
On next $500 million		0.65%
On next $4 billion		0.60%
Over $5 billion		0.58%
Over $10 billion		0.57%

356

Advisers Fund(19)


Average Daily Net Assets	Annual Fee

On first $500 million		0.690%
On next $500 million		0.625%
Over $1 billion		0.575%


(19)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.6900%
On next $500 million		0.6250%
On next $4 billion		0.5750%
On next $5 billion		0.5725%
Over $10 billion		0.5700%

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 billion		0.58%
Over $10 billion		0.57%

LargeCap Growth Fund(20)


Average Daily Net Assets	Annual Fee

On first $500 million		0.65%
On next $500 million		0.60%
Over $1 billion		0.55%


(20)		As of November 1, 2008, HIFSCO agreed add to permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.65%
On next $500 million		0.60%
On next $4 billion		0.55%
On next $5 billion		0.53%
Over $10 billion		0.52%

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 billion		0.500%
On next $5 billion		0.480%
Over $10 billion		0.470%

Income Fund, Inflation Plus Fund,
Tax-Free California Fund(21),
Tax-Free Minnesota Fund(21), Tax-Free National Fund(21), Tax-Free New York Fund(21)
and U.S. Government Securities 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%


(21)		As of November 1, 2008, HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at all breakpoints. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.50%
On next $4.5 billion		0.45%
On next $5 billion		0.43%
Over $10 billion		0.42%

High Yield Municipal Bond Fund(22)
and Strategic Income Fund(23)


Average Daily Net Assets	Annual Fee

On first $500 million		0.550%
On next $500 million		0.500%
On next $4 billion		0.475%
On next $5 billion		0.455%
Over $10 billion		0.445%


(22)		HIFSCO has voluntarily agreed to waive the management fees until August 31, 2008. Effective September 1, 2008, HIFSCO has voluntarily agreed to waive management fees of 0.40% of average daily net assets until November 30, 2008, at which time HIFSCO has voluntarily agreed to waive management fees of 0.20% of average daily net assets until February 28, 2009.
(23)		HIFSCO has voluntarily agreed to waive the management fees until May 31, 2008. Effective June 1, 2008, HIFSCO has voluntarily agreed to waive 0.30% of the management fee until August 31, 2008.

357

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

Short Duration Fund(24)


Average Daily Net Assets	Annual Fee

On first $500 million		0.50%
On next $4.5 billion		0.45%
On next $5 billion		0.43%
Over $10 billion		0.42%


(24)		As of November 1, 2008, HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at all breakpoints. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.45%
On next $4.5 billion		0.40%
On next $5 billion		0.38%
Over $10 billion		0.37%

Money Market Fund


Average Daily Net Assets	Annual Fee

On first $1 billion		0.45%
On next $4 billion		0.40%
On next $5 billion		0.38%
Over $10 billion		0.37%

Balanced Allocation Fund(25),
Conservative Allocation Fund(25),
Equity Growth Allocation Fund(25),
Growth Allocation Fund(25), Income Allocation Fund(25),
Retirement Income Fund, Target Retirement 2010 Fund(25),
Target Retirement 2020 Fund(25)
and Target Retirement 2030 Fund(25)


Average Daily Net Assets	Annual Fee

On first $500 million		0.15%
Over $500 million		0.10%


(25)		As of November 1, 2008, HIFSCO agreed to add permanent management fee breakpoints at $5 billion and $10 billion. The new schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		0.15%
On next $4.5 billion		0.10%
On next $5 billion		0.08%
Over $10 billion		0.07%


	b)	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 received monthly compensation at the annual rate of 0.015% of each Fund’s average daily net assets between November 1, 2007 and December 31, 2007. 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 each paid a fee of 0.01% of each Fund’s average daily net assets. The Funds’ accounting services fees are accrued daily and paid monthly.

358

Effective January 1, 2008, the rates of compensation paid to HLIC are as follows:

Advisers Fund, Balanced Income Fund,
Capital Appreciation Fund,
Diversified International Fund, Floating Rate Fund,
High Yield Fund, High Yield Municipal Bond Fund,
Income Fund, Inflation Plus Fund,
International Growth Fund,
International Opportunities Fund,
International Small Company Fund,
Short Duration Fund, Strategic Income Fund
and Total Return Bond Fund


Average Daily Net Assets	Annual Fee

On first $5 billion		0.018%
On next $5 billion		0.016%
Over $10 billion		0.014%

Disciplined Equity Fund, Dividend and Growth Fund,
Global Equity Fund, Global Growth Fund,
Money Market Fund, Small Company Fund,
SmallCap Growth Fund
and U.S. Government Securities Fund


Average Daily Net Assets	Annual Fee

On first $5 billion		0.016%
On next $5 billion		0.014%
Over $10 billion		0.012%

Capital Appreciation II Fund, Equity Income Fund,
Global Health Fund, Income Allocation Fund,
MidCap Fund, MidCap Value Fund,
Retirement Income Fund, Stock Fund,
Tax-Free California Fund, Tax-Free Minnesota Fund,
Tax-Free National Fund, Tax-Free New York Fund,
Value Fund and Value Opportunities Fund


Average Daily Net Assets	Annual Fee

On first $5 billion		0.014%
On next $5 billion		0.012%
Over $10 billion		0.010%

Balanced Allocation Fund, Checks and Balances Fund,
Conservative Allocation Fund,
Equity Growth Allocation Fund,
Global Communications Fund,
Global Financial Services Fund, Global Technology Fund,
Growth Allocation Fund, Growth Fund,
Growth Opportunities Fund, LargeCap Growth Fund,
MidCap Growth Fund, Select MidCap Value Fund,
Select SmallCap Value Fund, Target Retirement 2010 Fund,
Target Retirement 2020 Fund
and Target Retirement 2030 Fund


Average Daily Net Assets	Annual Fee

On first $5 billion		0.012%
Over $5 billion		0.010%

Fundamental Growth Fund


Average Daily Net Assets	Annual Fee

All assets		0.010%


	c)	Operating Expenses — Allocable expenses incurred by the Funds are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of each Fund and class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund. During the year ended October 31, 2008, HIFSCO has contractually 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, brokerage commissions, certain distribution expenses and extraordinary expenses as follows:


Fund	Class A			Class B			Class C			Class I			Class L		Class R3			Class R4			Class R5			Class Y

Advisers Fund		1.18	%		NA			NA			NA			NA		1.43	%		1.13	%		0.83	%		NA
Balanced Allocation Fund *		1.40	%		2.15	%		2.15	%		1.15	%		NA		1.78	%		1.48	%		1.18	%		NA
Balanced Income Fund		1.25	%		2.00	%		2.00	%		NA			NA		NA			NA			NA			0.90	%
Capital Appreciation Fund		1.29	%		NA			NA			1.04	%		NA		1.54	%		1.24	%		0.94	%		NA
Capital Appreciation II Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA		1.85	%		1.55	%		1.25	%		1.25	%
Checks and Balances Fund *		1.15	%		1.90	%		1.90	%		0.90	%		NA		1.45	%		1.15	%		0.95	%		NA
Conservative Allocation Fund *		1.35	%		2.10	%		2.10	%		1.10	%		NA		1.78	%		1.48	%		1.18	%		NA
Disciplined Equity Fund		1.40	%		2.15	%		2.15	%		NA			NA		1.65	%		1.35	%		1.05	%		1.00	%
Diversified International Fund		1.65	%		2.40	%		2.40	%		1.40	%		NA		1.90	%		1.65	%		1.40	%		1.30	%
Dividend and Growth Fund		1.25	%		NA			NA			1.00	%		NA		1.50	%		1.20	%		0.90	%		NA

359

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


Fund	Class A			Class B			Class C			Class I			Class L			Class R3			Class R4			Class R5			Class Y

Equity Growth Allocation Fund *		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		NA
Equity Income Fund		1.25	%		2.00	%		2.00	%		1.00	%		NA			1.60	%		1.30	%		1.00	%		0.90	%
Floating Rate Fund +		1.00	%		1.75	%		1.75	%		0.75	%		NA			1.25	%		1.00	%		0.85	%		0.75	%
Fundamental Growth Fund		1.45	%		2.20	%		2.20	%		NA			NA			NA			NA			NA			1.05	%
Global Communications Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Global Equity Fund		1.65	%		2.40	%		2.40	%		1.40	%		NA			1.90	%		1.65	%		1.40	%		1.30	%
Global Financial Services Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Global Growth Fund		1.48	%		2.23	%		2.23	%		NA			NA			1.73	%		1.43	%		1.13	%		1.13	%
Global Health Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		1.20	%
Global Technology Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Growth Allocation Fund *		1.50	%		2.25	%		2.25	%		1.25	%		NA			1.81	%		1.51	%		1.21	%		NA
Growth Fund		1.30	%		2.05	%		2.05	%		1.05	%		1.42	%		1.55	%		1.25	%		0.95	%		0.95	%
Growth Opportunities Fund		1.36	%		2.11	%		2.11	%		1.11	%		1.45	%		1.61	%		1.31	%		1.01	%		0.80	%
High Yield Fund		1.15	%		1.90	%		1.90	%		0.90	%		NA			1.40	%		1.10	%		0.90	%		0.90	%
High Yield Municipal Bond Fund		1.00	%		1.75	%		1.75	%		0.75	%		NA			NA			NA			NA			NA
Income Allocation Fund *		1.20	%		1.95	%		1.95	%		0.95	%		NA			1.59	%		1.29	%		0.99	%		NA
Income Fund		0.95	%		1.70	%		1.70	%		NA			NA			NA			NA			NA			0.70	%
Inflation Plus Fund		0.85	%		1.60	%		1.60	%		0.60	%		NA			1.25	%		1.00	%		0.76	%		0.60	%
International Growth Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		1.20	%
International Opportunities Fund		1.57	%		2.32	%		2.32	%		1.32	%		NA			1.82	%		1.52	%		1.22	%		1.22	%
International Small Company Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA			NA			NA			NA			1.20	%
LargeCap Growth Fund		1.25	%		2.00	%		2.00	%		NA			NA			NA			NA			NA			0.85	%
MidCap Fund		1.37	%		NA			NA			NA			NA			NA			NA			NA			NA
MidCap Growth Fund		1.35	%		2.10	%		2.10	%		NA			NA			NA			NA			NA			0.95	%
MidCap Value Fund		1.40	%		2.15	%		2.15	%		NA			NA			NA			NA			NA			1.00	%
Money Market Fund		0.90	%		1.65	%		1.65	%		NA			NA			1.15	%		0.85	%		0.65	%		0.65	%
Retirement Income Fund *		1.20	%		1.95	%		1.95	%		NA			NA			1.60	%		1.30	%		1.00	%		0.85	%
Select MidCap Value Fund		1.30	%		2.05	%		2.05	%		NA			NA			NA			NA			NA			0.90	%
Select SmallCap Value Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Short Duration Fund		0.90	%		1.65	%		1.65	%		NA			NA			NA			NA			NA			0.65	%
Small Company Fund		1.40	%		2.15	%		2.15	%		1.15	%		NA			1.65	%		1.35	%		1.05	%		1.00	%
SmallCap Growth Fund		1.40	%		2.15	%		2.15	%		1.15	%		1.25	%		1.65	%		1.35	%		1.05	%		1.05	%
Stock Fund		1.25	%		NA			NA			1.00	%		NA			1.50	%		1.20	%		0.90	%		NA
Strategic Income Fund		1.15	%		1.90	%		1.90	%		0.90	%		NA			NA			NA			NA			0.90	%
Target Retirement 2010 Fund *		1.25	%		2.00	%		2.00	%		NA			NA			1.65	%		1.35	%		1.05	%		0.90	%
Target Retirement 2020 Fund *		1.30	%		2.05	%		2.05	%		NA			NA			1.70	%		1.40	%		1.10	%		0.95	%
Target Retirement 2030 Fund *		1.35	%		2.10	%		2.10	%		NA			NA			1.75	%		1.45	%		1.15	%		1.00	%
Tax-Free California Fund		0.85	%		1.60	%		1.60	%		NA			NA			NA			NA			NA			NA
Tax-Free Minnesota Fund		0.85	%		1.60	%		1.60	%		NA			0.90	%		NA			NA			NA			0.75	%
Tax-Free National Fund		0.85	%		1.60	%		1.60	%		0.60	%		0.80	%		NA			NA			NA			0.60	%
Tax-Free New York Fund		0.85	%		1.60	%		1.60	%		NA			NA			NA			NA			NA			NA
Total Return Bond Fund +		1.00	%		1.75	%		1.75	%		0.75	%		NA			1.25	%		1.00	%		0.85	%		0.75	%
U.S. Government Securities Fund+		1.00	%		1.75	%		1.75	%		NA			1.00	%		NA			NA			NA			0.75	%
Value Fund		1.40	%		2.15	%		2.15	%		1.15	%		NA			1.65	%		1.35	%		1.05	%		1.00	%
Value Opportunities Fund		1.40	%		2.15	%		2.15	%		1.15	%		1.45	%		1.65	%		1.35	%		1.05	%		1.05	%

* Voluntary limitations for total operating expenses include expenses incurred as the result of investing in other investment companies.

+ Permanent expense caps.

Effective November 1, 2008, HIFSCO has agreed to revise the voluntary limit on 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, brokerage commissions, certain distribution expenses and extraordinary expenses. The new expense limitations are as follows:


Fund	Class A			Class B			Class C			Class I			Class L			Class R3			Class R4			Class R5			Class Y

Disciplined Equity Fund		1.35	%		2.10	%		2.10	%		NA			NA			1.60	%		1.30	%		1.00	%		0.95	%
MidCap Value Fund		1.35	%		2.10	%		2.10	%		NA			NA			NA			NA			NA			0.95	%
Target Retirement 2010 Fund *		1.00	%		1.75	%		1.75	%		NA			NA			1.15	%		0.85	%		0.80	%		0.80	%
Target Retirement 2020 Fund *		1.05	%		1.80	%		1.80	%		NA			NA			1.20	%		0.90	%		0.85	%		0.85	%
Target Retirement 2030 Fund *		1.05	%		1.80	%		1.80	%		NA			NA			1.20	%		0.90	%		0.85	%		0.85	%
Value Opportunities Fund		1.35	%		2.10	%		2.10	%		1.10	%		1.40	%		1.60	%		1.30	%		1.00	%		1.00	%


	*	Voluntary limitations for total operating expenses include expenses incurred as the result of investing in other investment companies. Amounts incurred which exceed the above limits are deducted from expenses and are reported as waivers on the accompanying Statements of Operations.

360


	d)	Fees Paid Indirectly — The Funds have entered into agreements with State Street Global Advisors, LLC and Frank Russell Securities, Inc. 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 also agreed to reduce its fees when the Funds maintain cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2008, these amounts are included in the Statements of Operations.

The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. Had the fees paid indirectly been included, the annualized expense ratio for the periods listed below would have been as follows:


	Year ended			Year ended			Year ended			Year ended			Year ended
Fund	October 31, 2008			October 31, 2007			October 31, 2006			October 31, 2005			October 31, 2004

Advisers Fund
Class A Shares		1.17	%		1.09	%		1.11	%		1.18	%		1.22	%
Class B Shares		2.00	%		1.90	%		1.90	%		1.96	%		1.94	%
Class C Shares		1.86	%		1.78	%		1.81	%		1.88	%		1.86	%
Class R3 Shares		1.43	%		1.40	%(i)
Class R4 Shares		1.11	%		1.05	%(i)
Class R5 Shares		0.79	%		0.80	%(i)
Class Y Shares		0.70	%		0.63	%		0.65	%		0.73	%		0.74	%
Balanced Allocation Fund
Class A Shares		0.53	%		0.54	%		0.62	%		0.60	%		0.59	%(a)
Class B Shares		1.35	%		1.33	%		1.36	%		1.31	%		1.29	%(a)
Class C Shares		1.29	%		1.29	%		1.36	%		1.31	%		1.29	%(a)
Class I Shares		0.22	%		0.22	%		0.39	%(g)
Class R3 Shares		0.92	%		0.93	%(i)
Class R4 Shares		0.59	%		0.66	%(i)
Class R5 Shares		0.29	%		0.36	%(i)
Balanced Income Fund
Class A Shares		1.25	%		1.19	%		1.25	%(f)
Class B Shares		2.00	%		2.00	%		2.00	%(f)
Class C Shares		2.00	%		2.00	%		2.00	%(f)
Class Y Shares		0.90	%		0.90	%		0.90	%(f)
Capital Appreciation Fund
Class A Shares		1.11	%		1.11	%		1.17	%		1.22	%		1.32	%
Class B Shares		1.92	%		1.91	%		1.96	%		1.99	%		2.03	%
Class C Shares		1.84	%		1.83	%		1.88	%		1.91	%		1.94	%
Class I Shares		0.81	%		0.78	%		0.88	%(g)
Class R3 Shares		1.46	%		1.47	%(i)
Class R4 Shares		1.12	%		1.13	%(i)
Class R5 Shares		0.82	%		0.84	%(i)
Class Y Shares		0.72	%		0.71	%		0.73	%		0.75	%		0.76	%
Capital Appreciation II Fund
Class A Shares		1.40	%		1.43	%		1.59	%		1.60	%(d)
Class B Shares		2.27	%		2.29	%		2.34	%		2.35	%(d)
Class C Shares		2.14	%		2.16	%		2.32	%		2.35	%(d)
Class I Shares		1.08	%		1.10	%		0.80	%(g)
Class R3 Shares		1.76	%		1.86	%(i)
Class R4 Shares		1.42	%		1.47	%(i)
Class R5 Shares		1.15	%		1.22	%(i)
Class Y Shares		1.00	%		1.01	%		1.13	%		1.15	%
Checks and Balances Fund
Class A Shares		0.41	%		0.43	%(j)
Class B Shares		1.23	%		1.25	%(j)
Class C Shares		1.17	%		1.18	%(j)
Class I Shares		0.16	%(n)
Class R3 Shares		0.80	%(o)
Class R4 Shares		0.50	%(o)
Class R5 Shares		0.21	%(o)
Conservative Allocation Fund
Class A Shares		0.57	%		0.59	%		0.63	%		0.60	%		0.60	%(a)
Class B Shares		1.40	%		1.28	%		1.31	%		1.26	%		1.25	%(a)
Class C Shares		1.33	%		1.28	%		1.31	%		1.26	%		1.25	%(a)
Class I Shares		0.31	%		0.26	%		0.41	%(g)
Class R3 Shares		0.97	%		1.03	%(i)

361

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	Year ended			Year ended			Year ended			Year ended			Year ended
Fund	October 31, 2008			October 31, 2007			October 31, 2006			October 31, 2005			October 31, 2004

Conservative Allocation Fund — (continued)
Class R4 Shares		0.63	%		0.75	%(i)
Class R5 Shares		0.34	%		0.47	%(i)
Disciplined Equity Fund
Class A Shares		1.40	%		1.40	%		1.39	%		1.38	%		1.44	%
Class B Shares		1.94	%		2.08	%		2.07	%		2.13	%		2.14	%
Class C Shares		2.12	%		2.09	%		2.09	%		2.10	%		2.09	%
Class R3 Shares		1.65	%		1.65	%(i)
Class R4 Shares		1.28	%		1.34	%(i)
Class R5 Shares		0.99	%		1.05	%(i)
Class Y Shares		0.88	%		0.88	%		0.88	%		0.89	%		0.87	%
Diversified International Fund
Class A Shares		1.57	%(q)
Class B Shares		2.30	%(q)
Class C Shares		2.31	%(q)
Class I Shares		1.29	%(q)
Class R3 Shares		1.89	%(q)
Class R4 Shares		1.64	%(q)
Class R5 Shares		1.39	%(q)
Class Y Shares		1.30	%(q)
Dividend and Growth Fund
Class A Shares		1.08	%		1.09	%		1.13	%		1.16	%		1.22	%
Class B Shares		1.97	%		1.95	%		1.98	%		2.01	%		2.03	%
Class C Shares		1.83	%		1.82	%		1.86	%		1.88	%		1.89	%
Class I Shares		0.81	%		0.76	%		0.98	%(g)
Class R3 Shares		1.50	%		1.40	%(i)
Class R4 Shares		1.09	%		1.09	%(i)
Class R5 Shares		0.79	%		0.82	%(i)
Class Y Shares		0.68	%		0.68	%		0.70	%		0.72	%		0.74	%
Equity Growth Allocation Fund
Class A Shares		0.68	%		0.69	%		0.72	%		0.68	%		0.67	%(a)
Class B Shares		1.49	%		1.37	%		1.37	%		1.33	%		1.32	%(a)
Class C Shares		1.43	%		1.37	%		1.37	%		1.34	%		1.32	%(a)
Class I Shares		0.30	%		0.37	%		0.48	%(g)
Class R3 Shares		0.95	%		0.96	%(i)
Class R4 Shares		0.64	%		0.70	%(i)
Class R5 Shares		0.34	%		0.38	%(i)
Equity Income Fund
Class A Shares		1.14	%		1.12	%		1.00	%		0.50	%		0.56	%
Class B Shares		2.00	%		1.96	%		1.84	%		1.38	%		1.36	%
Class C Shares		1.87	%		1.83	%		1.70	%		1.22	%		1.19	%
Class I Shares		0.84	%		0.81	%		0.80	%(g)
Class R3 Shares		1.50	%		1.50	%(i)
Class R4 Shares		1.13	%		1.18	%(i)
Class R5 Shares		0.84	%		0.89	%(i)
Class Y Shares		0.74	%		0.73	%		0.57	%		0.10	%		0.10	%
Floating Rate Fund
Class A Shares		0.99	%		0.96	%		0.50	%		0.29	%(d)
Class B Shares		1.75	%		1.75	%		1.35	%		1.04	%(d)
Class C Shares		1.75	%		1.74	%		1.28	%		1.02	%(d)
Class I Shares		0.74	%		0.71	%		0.43	%(g)
Class R3 Shares		1.25	%		1.24	%(i)
Class R4 Shares		1.00	%		1.00	%(i)
Class R5 Shares		0.85	%		0.85	%(i)
Class Y Shares		0.69	%		0.68	%		0.15	%		0.01	%(d)
Fundamental Growth Fund
Class A Shares		1.45	%		1.47	%		1.48	%		1.57	%		1.59	%
Class B Shares		2.18	%		2.22	%		2.23	%		2.32	%		2.32	%
Class C Shares		2.20	%		2.20	%		2.23	%		2.32	%		2.25	%
Class Y Shares		0.96	%		1.02	%		1.05	%		1.13	%		1.08	%

362


	Year ended			Year ended			Year ended			Year ended			Year ended
Fund	October 31, 2008			October 31, 2007			October 31, 2006			October 31, 2005			October 31, 2004

Global Communications Fund
Class A Shares		1.60	%		1.60	%		1.11	%		1.49	%		1.63	%
Class B Shares		2.24	%		2.30	%		1.73	%		2.24	%		2.33	%
Class C Shares		2.35	%		2.34	%		1.85	%		2.23	%		2.33	%
Class Y Shares		1.11	%		1.11	%		0.70	%		1.04	%		1.17	%
Global Equity Fund
Class A Shares		1.56	%(n)
Class B Shares		2.33	%(n)
Class C Shares		2.34	%(n)
Class I Shares		1.31	%(n)
Class R3 Shares		1.90	%(n)
Class R4 Shares		1.65	%(n)
Class R5 Shares		1.40	%(n)
Class Y Shares		1.30	%(n)
Global Financial Services Fund
Class A Shares		1.60	%		1.60	%		1.14	%		1.48	%		1.63	%
Class B Shares		2.04	%		2.22	%		1.77	%		2.25	%		2.33	%
Class C Shares		2.35	%		2.35	%		1.90	%		2.25	%		2.33	%
Class Y Shares		1.17	%		1.14	%		0.74	%		1.07	%		1.18	%
Global Growth Fund
Class A Shares		1.43	%		1.47	%		1.45	%		1.36	%		1.53	%
Class B Shares		2.01	%		2.18	%		2.15	%		2.23	%		2.26	%
Class C Shares		2.16	%		2.14	%		2.18	%		2.13	%		2.15	%
Class R3 Shares		1.72	%		1.65	%(i)
Class R4 Shares		1.43	%		1.34	%(i)
Class R5 Shares		1.05	%		1.05	%(i)
Class Y Shares		0.90	%		0.89	%		0.91	%		0.85	%		0.84	%
Global Health Fund
Class A Shares		1.41	%		1.40	%		1.60	%		1.58	%		1.63	%
Class B Shares		2.24	%		2.29	%		2.31	%		2.33	%		2.34	%
Class C Shares		2.14	%		2.14	%		2.31	%		2.33	%		2.34	%
Class I Shares		1.10	%		1.08	%		1.14	%(g)
Class R3 Shares		1.85	%		1.77	%(i)
Class R4 Shares		1.35	%		1.45	%(i)
Class R5 Shares		1.05	%		1.17	%(i)
Class Y Shares		0.95	%		0.95	%		1.08	%		1.06	%		1.10	%
Global Technology Fund
Class A Shares		1.39	%		1.43	%		1.32	%		1.53	%		1.60	%
Class B Shares		1.95	%		2.03	%		1.96	%		2.28	%		2.30	%
Class C Shares		2.27	%		2.30	%		2.21	%		2.28	%		2.30	%
Class Y Shares		1.08	%		1.08	%		1.17	%		1.13	%		1.09	%
Growth Allocation Fund
Class A Shares		0.59	%		0.60	%		0.67	%		0.64	%		0.63	%(a)
Class B Shares		1.41	%		1.32	%		1.32	%		1.29	%		1.28	%(a)
Class C Shares		1.34	%		1.31	%		1.32	%		1.29	%		1.28	%(a)
Class I Shares		0.23	%		0.23	%		0.42	%(g)
Class R3 Shares		1.06	%		0.93	%(i)
Class R4 Shares		0.59	%		0.65	%(i)
Class R5 Shares		0.30	%		0.38	%(i)
Growth Fund
Class A Shares		1.27	%		1.27	%		1.31	%		1.31	%		1.43	%
Class B Shares		1.91	%		2.08	%		2.08	%		2.13	%		2.13	%
Class C Shares		1.97	%		1.98	%		2.00	%		2.03	%		2.05	%
Class I Shares		0.89	%		0.90	%		0.91	%(g)
Class L Shares		1.03	%		1.04	%		1.03	%		1.04	%		1.05	%
Class R3 Shares		1.55	%		1.57	%(i)
Class R4 Shares		1.20	%		1.18	%(i)
Class R5 Shares		0.92	%		0.91	%(i)
Class Y Shares		0.80	%		0.81	%		0.81	%		0.83	%		0.85	%
Growth Opportunities Fund
Class A Shares		1.30	%		1.31	%		1.18	%		1.30	%		1.40	%

363

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	Year ended			Year ended			Year ended			Year ended			Year ended
Fund	October 31, 2008			October 31, 2007			October 31, 2006			October 31, 2005			October 31, 2004

Growth Opportunities Fund — (continued)
Class B Shares		2.05	%		2.10	%		2.05	%		2.08	%		2.10	%
Class C Shares		1.92	%		1.97	%		2.05	%		2.07	%		2.06	%
Class I Shares		0.85	%		0.86	%		1.11	%(g)
Class L Shares		1.00	%		1.03	%		1.04	%		1.02	%		1.03	%
Class R3 Shares		1.51	%		1.57	%(i)
Class R4 Shares		1.18	%		1.23	%(i)
Class R5 Shares		0.93	%		0.92	%(i)
Class Y Shares		0.77	%		0.79	%		0.81	%		0.82	%		0.78	%
High Yield Fund
Class A Shares		1.15	%		1.15	%		1.20	%		1.33	%		1.35	%
Class B Shares		1.87	%		1.90	%		1.94	%		2.10	%		2.07	%
Class C Shares		1.90	%		1.83	%		1.89	%		2.00	%		1.98	%
Class I Shares		0.82	%		0.75	%(l)
Class R3 Shares		1.40	%		1.40	%(i)
Class R4 Shares		1.10	%		1.10	%(i)
Class R5 Shares		0.90	%		0.85	%(i)
Class Y Shares		0.79	%		0.67	%		0.73	%		0.87	%		0.84	%
High Yield Municipal Bond Fund
Class A Shares		0.40	%		0.25	%(j)
Class B Shares		1.19	%		1.00	%(j)
Class C Shares		1.17	%		1.01	%(j)
Class I Shares		0.17	%		0.00	%(j)
Income Allocation Fund
Class A Shares		0.57	%		0.58	%		0.61	%		0.56	%		0.56	%(a)
Class B Shares		1.32	%		1.28	%		1.31	%		1.26	%		1.26	%(a)
Class C Shares		1.32	%		1.28	%		1.31	%		1.26	%		1.26	%(a)
Class I Shares		0.32	%		0.33	%		0.37	%(g)
Class R3 Shares		0.96	%		0.97	%(i)
Class R4 Shares		0.67	%		0.68	%(i)
Class R5 Shares		0.38	%		0.37	%(i)
Income Fund
Class A Shares		0.95	%		0.95	%		0.95	%		0.95	%		1.00	%
Class B Shares		1.70	%		1.70	%		1.70	%		1.70	%		1.70	%
Class C Shares		1.70	%		1.70	%		1.70	%		1.70	%		1.70	%
Class Y Shares		0.63	%		0.68	%		0.70	%		0.70	%		0.70	%(b)
Inflation Plus Fund
Class A Shares		0.85	%		0.85	%		0.95	%		0.95	%		1.00	%
Class B Shares		1.60	%		1.60	%		1.70	%		1.70	%		1.70	%
Class C Shares		1.60	%		1.60	%		1.70	%		1.70	%		1.70	%
Class I Shares		0.60	%		0.58	%		0.70	%(g)
Class R3 Shares		1.25	%		1.24	%(i)
Class R4 Shares		1.00	%		0.99	%(i)
Class R5 Shares		0.70	%		0.75	%(i)
Class Y Shares		0.60	%		0.56	%		0.68	%		0.68	%		0.65	%(b)
International Growth Fund
Class A Shares		1.47	%		1.48	%		1.56	%		1.53	%		1.59	%
Class B Shares		2.24	%		2.32	%		2.26	%		2.28	%		2.29	%
Class C Shares		2.20	%		2.19	%		2.31	%		2.28	%		2.28	%
Class I Shares		1.02	%		1.09	%		1.35	%(g)
Class R3 Shares		1.85	%		1.83	%(i)
Class R4 Shares		1.46	%		1.45	%(i)
Class R5 Shares		1.08	%		1.16	%(i)
Class Y Shares		0.98	%		1.01	%		1.12	%		1.13	%		1.05	%
International Opportunities Fund
Class A Shares		1.47	%		1.49	%		1.54	%		1.52	%		1.60	%
Class B Shares		2.11	%		2.18	%		2.12	%		2.30	%		2.30	%
Class C Shares		2.20	%		2.21	%		2.30	%		2.30	%		2.30	%
Class I Shares		1.00	%(p)
Class R3 Shares		1.79	%		1.71	%(i)
Class R4 Shares		1.51	%		1.40	%(i)

364


	Year ended			Year ended			Year ended			Year ended			Year ended
Fund	October 31, 2008			October 31, 2007			October 31, 2006			October 31, 2005			October 31, 2004

International Opportunities Fund — (continued)
Class R5 Shares		1.10	%		1.11	%(i)
Class Y Shares		0.94	%		0.95	%		0.99	%		1.01	%		1.03	%
International Small Company Fund
Class A Shares		1.52	%		1.49	%		1.58	%		1.55	%		1.60	%
Class B Shares		2.13	%		2.25	%		2.22	%		2.30	%		2.30	%
Class C Shares		2.28	%		2.23	%		2.33	%		2.30	%		2.29	%
Class I Shares		1.16	%		1.18	%(l)
Class Y Shares		1.01	%		1.01	%		1.18	%		1.15	%		1.15	%
LargeCap Growth Fund
Class A Shares		1.19	%		1.11	%(h)
Class B Shares		2.00	%		1.96	%(h)
Class C Shares		2.00	%		1.93	%(h)
Class Y Shares		0.85	%		0.85	%(h)
MidCap Fund
Class A Shares		1.23	%		1.21	%		1.25	%		1.28	%		1.36	%
Class B Shares		2.00	%		1.98	%		2.01	%		2.06	%		2.10	%
Class C Shares		1.91	%		1.90	%		1.93	%		1.97	%		2.00	%
Class Y Shares		0.79	%		0.78	%		0.78	%		0.81	%		0.84	%
MidCap Growth Fund (formerly known as The Hartford Select MidCap Growth Fund)
Class A Shares		1.35	%		1.36	%		1.48	%		1.49	%(c)
Class B Shares		1.82	%		1.95	%		2.09	%		2.24	%(c)
Class C Shares		1.99	%		2.11	%		2.23	%		2.24	%(c)
Class Y Shares		0.95	%		1.01	%		1.08	%		1.09	%(c)
MidCap Value Fund
Class A Shares		1.39	%		1.39	%		1.39	%		1.38	%		1.43	%
Class B Shares		2.05	%		2.15	%		2.14	%		2.13	%		2.13	%
Class C Shares		2.14	%		2.09	%		2.14	%		2.13	%		2.13	%
Class Y Shares		0.91	%		0.89	%		0.93	%		0.94	%		0.88	%
Money Market Fund
Class A Shares		0.90	%		0.95	%		0.95	%		0.95	%		1.00	%
Class B Shares		1.65	%		1.70	%		1.70	%		1.70	%		1.25	%
Class C Shares		1.59	%		1.69	%		1.70	%		1.70	%		1.27	%
Class R3 Shares		1.15	%		1.20	%(i)
Class R4 Shares		0.85	%		0.90	%(i)
Class R5 Shares		0.63	%		0.60	%(i)
Class Y Shares		0.52	%		0.55	%		0.55	%		0.55	%		0.55	%
Retirement Income Fund
Class A Shares		0.50	%		0.48	%		0.54	%		0.53	%(e)
Class B Shares		1.23	%		1.23	%		1.30	%		1.26	%(e)
Class C Shares		1.23	%		1.23	%		1.30	%		1.26	%(e)
Class R3 Shares		0.89	%		0.88	%(i)
Class R4 Shares		0.60	%		0.59	%(i)
Class R5 Shares		0.31	%		0.27	%(i)
Select MidCap Value Fund
Class A Shares		1.28	%		1.32	%		1.50	%		1.54	%(d)
Class B Shares		1.79	%		2.00	%		2.25	%		2.29	%(d)
Class C Shares		1.97	%		2.07	%		2.25	%		2.29	%(d)
Class Y Shares		0.88	%		0.83	%		1.11	%		1.14	%(d)
Select SmallCap Value Fund
Class A Shares		1.41	%		1.40	%		1.60	%(f)
Class B Shares		2.24	%		2.35	%		2.35	%(f)
Class C Shares		2.26	%		2.32	%		2.35	%(f)
Class Y Shares		1.10	%		1.13	%		1.20	%(f)
Short Duration Fund
Class A Shares		0.90	%		0.90	%		0.90	%		0.90	%		0.95	%
Class B Shares		1.65	%		1.65	%		1.65	%		1.65	%		1.65	%
Class C Shares		1.65	%		1.65	%		1.65	%		1.65	%		1.65	%
Class Y Shares		0.58	%		0.64	%		0.65	%		0.65	%		0.60	%(b)
Small Company Fund
Class A Shares		1.38	%		1.39	%		1.37	%		1.35	%		1.40	%

365

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	Year ended			Year ended			Year ended			Year ended			Year ended
Fund	October 31, 2008			October 31, 2007			October 31, 2006			October 31, 2005			October 31, 2004

Small Company Fund — (continued)
Class B Shares		2.01	%		2.11	%		2.12	%		2.10	%		2.10	%
Class C Shares		2.14	%		2.14	%		2.11	%		2.10	%		2.10	%
Class I Shares		1.15	%		1.12	%		1.10	%(g)
Class R3 Shares		1.65	%		1.65	%(i)
Class R4 Shares		1.28	%		1.36	%(i)
Class R5 Shares		0.99	%		1.10	%(i)
Class Y Shares		0.88	%		0.90	%		0.91	%		0.92	%		0.94	%
SmallCap Growth Fund
Class A Shares		1.20	%		1.30	%		1.34	%		1.38	%		1.44	%
Class B Shares		1.83	%		2.00	%		2.00	%		2.13	%		2.14	%
Class C Shares		2.10	%		2.14	%		2.13	%		2.13	%		2.14	%
Class I Shares		1.15	%		1.15	%		1.15	%(g)
Class L Shares		1.12	%		1.15	%		1.13	%		1.20	%		1.42	%
Class R3 Shares		1.46	%		1.66	%(i)
Class R4 Shares		1.28	%		1.37	%(i)
Class R5 Shares		1.03	%		1.06	%(i)
Class Y Shares		0.89	%		0.93	%		0.90	%		0.97	%		1.02	%
Stock Fund
Class A Shares		1.17	%		1.27	%		1.26	%		1.31	%		1.42	%
Class B Shares		2.08	%		2.10	%		2.10	%		2.21	%		2.18	%
Class C Shares		2.05	%		1.97	%		2.01	%		2.07	%		2.03	%
Class I Shares		0.76	%(p)
Class R3 Shares		1.50	%		1.51	%(i)
Class R4 Shares		1.20	%		1.19	%(i)
Class R5 Shares		0.88	%		0.92	%(i)
Class Y Shares		0.78	%		0.75	%		0.76	%		0.82	%		0.80	%
Strategic Income Fund
Class A Shares		0.61	%		0.46	%(k)
Class B Shares		1.45	%		1.25	%(k)
Class C Shares		1.38	%		1.26	%(k)
Class I Shares		0.38	%		0.27	%(k)
Class Y Shares		0.30	%		0.24	%(k)
Target Retirement 2010 Fund
Class A Shares		0.42	%		0.51	%		0.54	%		0.49	%(e)
Class B Shares		1.25	%		1.26	%		1.29	%		1.26	%(e)
Class C Shares		1.25	%		1.25	%		1.30	%		1.27	%(e)
Class R3 Shares		0.87	%		0.91	%(i)
Class R4 Shares		0.45	%		0.62	%(i)
Class R5 Shares		0.11	%		0.30	%(i)
Class Y Shares		0.16	%		0.20	%		0.23	%		0.21	%(e)
Target Retirement 2020 Fund
Class A Shares		0.48	%		0.52	%		0.53	%		0.51	%(e)
Class B Shares		1.26	%		1.26	%		1.29	%		1.25	%(e)
Class C Shares		1.25	%		1.26	%		1.30	%		1.26	%(e)
Class R3 Shares		0.91	%		0.91	%(i)
Class R4 Shares		0.55	%		0.63	%(i)
Class R5 Shares		0.23	%		0.31	%(i)
Class Y Shares		0.17	%		0.21	%		0.22	%		0.20	%(e)
Target Retirement 2030 Fund
Class A Shares		0.51	%		0.54	%		0.53	%		0.48	%(e)
Class B Shares		1.01	%		1.15	%		1.24	%		1.24	%(e)
Class C Shares		1.22	%		1.25	%		1.10	%		1.24	%(e)
Class R3 Shares		0.86	%		0.93	%(i)
Class R4 Shares		0.54	%		0.66	%(i)
Class R5 Shares		0.22	%		0.33	%(i)
Class Y Shares		0.19	%		0.23	%		0.20	%		0.19	%(e)
Tax-Free California Fund
Class A Shares		0.85	%		0.85	%		0.89	%		0.89	%		0.95	%
Class B Shares		1.60	%		1.60	%		1.64	%		1.64	%		1.65	%
Class C Shares		1.60	%		1.60	%		1.64	%		1.64	%		1.65	%

366


	Year ended			Year ended			Year ended			Year ended			Year ended
Fund	October 31, 2008			October 31, 2007			October 31, 2006			October 31, 2005			October 31, 2004

Tax-Free Minnesota Fund
Class A Shares		0.85	%		0.85	%		0.84	%		0.84	%		0.98	%
Class B Shares		1.60	%		1.60	%		1.56	%		1.59	%		1.68	%
Class C Shares		1.60	%		1.59	%		1.56	%		1.59	%		1.69	%
Class L Shares		0.90	%		0.90	%		0.86	%		0.89	%		0.96	%
Class Y Shares		0.67	%		0.71	%		0.83	%		0.90	%		0.85	%
Tax-Free National Fund
Class A Shares		0.85	%		0.85	%		1.00	%		1.01	%		1.08	%
Class B Shares		1.60	%		1.60	%		1.75	%		1.75	%		1.78	%
Class C Shares		1.60	%		1.60	%		1.75	%		1.75	%		1.78	%
Class I Shares		0.60	%		0.60	%(l)
Class L Shares		0.80	%		0.86	%		1.05	%		1.05	%		1.08	%
Class Y Shares		0.60	%		0.64	%		0.89	%		0.98	%		0.91	%
Tax-Free New York Fund
Class A Shares		0.85	%		0.84	%		0.83	%		0.84	%		0.91	%
Class B Shares		1.60	%		1.59	%		1.58	%		1.59	%		1.61	%
Class C Shares		1.60	%		1.59	%		1.58	%		1.59	%		1.62	%
Total Return Bond Fund
Class A Shares		1.00	%		1.00	%		1.19	%		1.20	%		1.25	%
Class B Shares		1.70	%		1.75	%		1.95	%		1.95	%		1.95	%
Class C Shares		1.74	%		1.75	%		1.86	%		1.87	%		1.86	%
Class I Shares		0.68	%		0.72	%		0.91	%(g)
Class R3 Shares		1.26	%		0.72	%(i)
Class R4 Shares		0.99	%		0.72	%(i)
Class R5 Shares		0.69	%		0.72	%(i)
Class Y Shares		0.59	%		0.61	%		0.70	%		0.74	%		0.74	%
U.S. Government Securities Fund
Class A Shares		1.00	%		1.00	%		1.15	%		1.15	%		1.20	%
Class B Shares		1.68	%		1.71	%		1.90	%		1.90	%		1.90	%
Class C Shares		1.75	%		1.75	%		1.90	%		1.90	%		1.90	%
Class L Shares		0.87	%		0.91	%		1.08	%		1.08	%		1.04	%
Class Y Shares		0.64	%		0.68	%		0.83	%		0.86	%		0.83	%
Value Fund
Class A Shares		1.32	%		1.32	%		1.37	%		1.39	%		1.44	%
Class B Shares		2.06	%		2.15	%		2.12	%		2.14	%		2.14	%
Class C Shares		2.09	%		2.09	%		2.14	%		2.14	%		2.14	%
Class I Shares		0.95	%		1.00	%(l)
Class R3 Shares		1.65	%		1.65	%(i)
Class R4 Shares		1.30	%		1.35	%(i)
Class R5 Shares		0.98	%		1.05	%(i)
Class Y Shares		0.87	%		0.88	%		0.91	%		0.92	%		0.90	%
Value Opportunities Fund
Class A Shares		1.40	%		1.40	%		1.39	%		1.39	%		1.44	%
Class B Shares		1.94	%		2.13	%		2.11	%		2.14	%		2.15	%
Class C Shares		2.15	%		2.15	%		2.14	%		2.14	%		2.15	%
Class I Shares		1.15	%		1.16	%(j)		1.15	%(g)
Class L Shares		1.20	%		1.24	%		1.22	%		1.30	%		1.41	%
Class R3 Shares		1.65	%		1.65	%(i)
Class R4 Shares		1.35	%		1.38	%(i)
Class R5 Shares		1.05	%		1.05	%(i)
Class Y Shares		0.96	%		0.94	%		0.99	%		1.06	%		1.15	%


(a)		From May 28, 2004 (commencement of operations), through October 31, 2004.
(b)		From November 28, 2003 (commencement of operations), through October 31, 2004.
(c)		From January 1, 2005 (commencement of operations), through October 31, 2005.
(d)		From April 29, 2005 (commencement of operations), through October 31, 2005.
(e)		From September 30, 2005 (commencement of operations), through October 31, 2005.
(f)		From July 31, 2006 (commencement of operations), through October 31, 2006.
(g)		From August 31, 2006 (commencement of operations), through October 31, 2006.
(h)		From November 30, 2006 (commencement of operations), through October 31, 2007.
(i)		From December 22, 2006 (commencement of operations), through October 31, 2007.
(j)		From May 1, 2007 (commencement of operations), through October 31, 2007.

367

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


(k)		From May 15, 2007 (commencement of operations), through October 31, 2007.
(l)		From May 31, 2007 (commencement of operations), through October 31, 2007.
(m)		From August 31, 2007 (commencement of operations), through October 31, 2007.
(n)		From February 29, 2008 (commencement of operations), through October 31, 2008.
(o)		From August 29, 2008 (commencement of operations), through October 31, 2008.
(p)		From May 30, 2008 (commencement of operations), through October 31, 2008.
(q)		From June 30, 2008 (commencement of operations), through October 31, 2008.


	e)	Distribution and Service Plan for Class A, B, C and L 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 year ended October 31, 2008, the following revenues were received by HIFSCO:


	Front-end Load		Contingent Deferred
	Sales Charge		Sales Charge

Advisers Fund	$	718	$	187
Balanced Allocation Fund		4,059		386
Balanced Income Fund		286		5
Capital Appreciation Fund		45,314		3,186
Capital Appreciation II Fund		5,794		512
Checks and Balances Fund		27,707		470
Conservative Allocation Fund		1,234		127
Disciplined Equity Fund		128		25
Diversified International Fund		4		—
Dividend and Growth Fund		15,215		506
Equity Growth Allocation Fund		1,390		135
Equity Income Fund		3,975		84
Floating Rate Fund		899		2,196
Fundamental Growth Fund		62		6
Global Communications Fund		144		21
Global Equity Fund		10		—
Global Financial Services Fund		303		5
Global Growth Fund		680		51
Global Health Fund		951		133
Global Technology Fund		114		21
Growth Allocation Fund		3,164		419
Growth Fund		688		86
Growth Opportunities Fund		5,600		307
High Yield Fund		250		51
High Yield Municipal Bond Fund		2,129		78
Income Allocation Fund		254		36
Income Fund		734		36
Inflation Plus Fund		2,580		256
International Growth Fund		2,246		99
International Opportunities Fund		1,359		46
International Small Company Fund		353		56
LargeCap Growth Fund		21		1
MidCap Fund		212		165
MidCap Growth Fund		151		10
MidCap Value Fund		64		37
Money Market Fund		—		548
Retirement Income Fund		40		1
Select MidCap Value Fund		139		13
Select SmallCap Value Fund		39		2
Short Duration Fund		299		30
Small Company Fund		779		37
SmallCap Growth Fund		230		37
Stock Fund		406		111
Strategic Income Fund		1,267		95
Target Retirement 2010 Fund		12		—
Target Retirement 2020 Fund		46		3
Target Retirement 2030 Fund		70		3
Tax-Free California Fund		149		19
Tax-Free Minnesota Fund		61		—
Tax-Free National Fund		689		70

368


	Front-end Load		Contingent Deferred
	Sales Charge		Sales Charge

Tax-Free New York Fund	$	28	$	1
Total Return Bond Fund		5,842		269
U.S. Government Securities Fund		371		42
Value Fund		236		12
Value Opportunities Fund		399		45

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 services 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 Funds pay 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 has 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 paid monthly.

For the year ended October 31, 2008, total sales commissions paid to affiliated brokers/dealers of The Hartford for distributing the Funds’ shares were $4,368. These commissions are in turn paid to sales representatives of the broker/dealers.


	f)	Other Related Party Transactions — Certain officers of the Funds are directors and/or officers of HIFSCO, Hartford Investment Management and/or The Hartford or its subsidiaries. For the year ended October 31, 2008, a portion of the Funds’ chief compliance officer’s salary was paid by the Funds in the amount of $99. Hartford Administrative Services Company (“HASCO”), a wholly owned subsidiary of The Hartford, provides transfer agent services to the Funds. HASCO was compensated $76,834 for providing such services. These fees are accrued daily and paid 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 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		2		6
Global Financial Services Fund		4		2		6
Global Growth Fund		1,392		522		1,914
Global Health Fund		76		29		105
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 Fund		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		4		16

On April 20, 2007, MidCap Growth Fund was reimbursed $24 in trading reimbursements relating to the change in portfolio managers of the Fund.

On May 2, 2007 and June 8, 2007, Small Company Fund was reimbursed $909 in trading reimbursements and $228 for incorrect IPO allocations.

369

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

The table below shows the impact on total return from the payments from affiliates:


										Impact from
										Payment from
										Affiliate for
	Impact from			Impact from			Total Return			Transfer Agent			Total Return
	Payment from			Payment from			Excluding			Allocation			Excluding
	Affiliate for SEC			Affiliate for Trading			Payment from			Methodology			Payment from
	Settlement			Reimbursements			Affiliate			Reimbursements			Affiliate
	for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended
Fund	October 31, 2007			October 31, 2007			October 31, 2007			October 31, 2004			October 31, 2004

Advisers Fund Class A		0.07	%		—	%		13.15	%		0.19	%		3.74	%
Advisers Fund Class B		0.08			—			12.24			0.26			2.95
Advisers Fund Class C		0.07			—			12.36			0.21			3.06
Advisers Fund Class Y		0.07			—			13.65			—			—
Capital Appreciation Class A		0.03			—			26.11			—			—
Capital Appreciation Class B		0.04			—			25.10			—			—
Capital Appreciation Class C		0.04			—			25.23			—			—
Capital Appreciation Class I		0.03			—			26.45			—			—
Capital Appreciation Class Y		0.03			—			26.62			—			—
Disciplined Equity Fund Class A		0.08			—			13.78			—			—
Disciplined Equity Fund Class B		0.08			—			13.05			—			—
Disciplined Equity Fund Class C		0.08			—			12.98			0.01			5.24
Disciplined Equity Fund Class Y		0.07			—			14.37			—			—
Dividend and Growth Fund Class A		0.03			—			16.17			0.06			12.47
Dividend and Growth Fund Class B		0.03			—			15.19			—			—
Dividend and Growth Fund Class C		0.03			—			15.39			0.04			11.72
Dividend and Growth Fund Class I		0.03			—			16.64			—			—
Dividend and Growth Fund Class Y		0.03			—			16.65			—			—
Fundamental Growth Fund Class A		0.28			—			26.24			0.03			2.21
Fundamental Growth Fund Class B		0.29			—			25.34			—			1.48
Fundamental Growth Fund Class C		0.29			—			25.32			0.06			1.53
Fundamental Growth Fund Class Y		0.28			—			26.83			—			—
Global Communications Fund Class A		0.02			—			39.00			—			—
Global Communications Fund Class B		0.02			—			37.99			—			—
Global Communications Fund Class C		0.02			—			37.94			—			—
Global Communications Fund Class Y		0.02			—			39.55			—			—
Global Financial Services Fund Class A		0.02			—			8.40			—			—
Global Financial Services Fund Class B		0.02			—			7.73			—			—
Global Financial Services Fund Class C		0.02			—			7.55			—			—
Global Financial Services Fund Class Y		0.02			—			8.89			—			—
Global Growth Fund Class A		0.26			—			35.50			—			—
Global Growth Fund Class B		0.27			—			34.45			—			—
Global Growth Fund Class C		0.27			—			34.58			—			—
Global Growth Fund Class Y		0.25			—			36.28			—			—
Global Health Fund Class A		0.01			—			9.94			—			—
Global Health Fund Class B		0.01			—			8.90			—			—
Global Health Fund Class C		0.01			—			9.09			—			—
Global Health Fund Class I		0.01			—			10.46			—			—
Global Health Fund Class Y		0.01			—			10.44			—			—
Global Technology Fund Class A		0.04			—			27.46			—			—
Global Technology Fund Class B		0.04			—			26.57			—			—
Global Technology Fund Class C		0.04			—			26.25			—			—
Global Technology Fund Class Y		0.04			—			27.96			—			—
Growth Fund Class A		0.01			—			23.90			—			—
Growth Fund Class B		0.01			—			23.00			—			—
Growth Fund Class C		0.01			—			23.08			—			—
Growth Fund Class I		0.01			—			24.35			—			—
Growth Fund Class L		0.01			—			24.20			—			—
Growth Fund Class Y		0.01			—			24.50			—			—
Growth Opportunities Fund Class A		0.03			—			40.34			—			—
Growth Opportunities Fund Class B		0.04			—			39.24			—			—
Growth Opportunities Fund Class C		0.04			—			39.35			—			—
Growth Opportunities Fund Class I		0.03			—			40.84			—			—
Growth Opportunities Fund Class L		0.03			—			40.72			—			—

370


										Impact from
										Payment from
										Affiliate for
	Impact from			Impact from			Total Return			Transfer Agent			Total Return
	Payment from			Payment from			Excluding			Allocation			Excluding
	Affiliate for SEC			Affiliate for Trading			Payment from			Methodology			Payment from
	Settlement			Reimbursements			Affiliate			Reimbursements			Affiliate
	for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended
Fund	October 31, 2007			October 31, 2007			October 31, 2007			October 31, 2004			October 31, 2004

Growth Opportunities Fund Class Y		0.03	%		—	%		41.02	%		—	%		—	%
High Yield Class A		—			—			—			0.01			9.25
High Yield Class B		—			—			—			—			8.45
High Yield Class C		—			—			—			0.10			8.44
International Growth Fund Class A		—			—			39.31			—			—
International Growth Fund Class B		—			—			38.11			—			—
International Growth Fund Class C		—			—			38.27			—			—
International Growth Fund Class I		—			—			39.73			—			—
International Growth Fund Class Y		—			—			40.01			—			—
International Opportunities Fund Class A		0.01			—			39.14			—			—
International Opportunities Fund Class B		0.01			—			38.16			—			—
International Opportunities Fund Class C		0.01			—			38.16			—			—
International Opportunities Fund Class Y		0.01			—			39.90			—			—
MidCap Fund Class A		0.08			—			25.86			—			—
MidCap Fund Class B		0.09			—			24.87			—			—
MidCap Fund Class C		0.09			—			24.97			—			—
MidCap Fund Class Y		0.08			—			26.40			—			—
MidCap Growth Fund Class A (C)		—			0.13			25.00			—			—
MidCap Growth Fund Class B (C)		—			0.13			23.67			—			—
MidCap Growth Fund Class C (C)		—			0.13			23.77			—			—
MidCap Growth Fund Class Y (C)		—			0.13			25.35			—			—
MidCap Value Fund Class A		0.01			—			16.71			—			—
MidCap Value Fund Class B		0.01			—			15.85			—			—
MidCap Value Fund Class C		0.01			—			15.93			—			—
MidCap Value Fund Class Y		0.01			—			17.37			—			—
Small Company Fund Class A		0.16			0.22			23.41			—			—
Small Company Fund Class B		0.18			0.24			22.46			—			—
Small Company Fund Class C		0.18			0.24			22.37			—			—
Small Company Fund Class I		0.16			0.22			23.81			—			—
Small Company Fund Class R3		—			0.20			17.44			—			—
Small Company Fund Class R4		—			0.20			17.80			—			—
Small Company Fund Class R5		—			0.20			18.07			—			—
Small Company Fund Class Y		0.16			0.20			23.99			—			—
SmallCap Growth Fund Class A		0.01			—			7.17			—			—
SmallCap Growth Fund Class B		0.01			—			6.43			—			—
SmallCap Growth Fund Class C		0.01			—			6.33			—			—
SmallCap Growth Fund Class I		0.01			—			7.36			—			—
SmallCap Growth Fund Class L		0.01			—			7.40			—			—
SmallCap Growth Fund Class Y		0.01			—			7.60			—			—
Stock Fund Class A		0.13			—			16.67			—			—
Stock Fund Class B		0.14			—			15.72			—			—
Stock Fund Class C		0.14			—			15.86			—			—
Stock Fund Class Y		0.12			—			17.31			—			—
Total Return Bond Fund Class A		—			—			—			0.02			5.08
Total Return Bond Fund Class B		—			—			—			0.02			4.35
Total Return Bond Fund Class C		—			—			—			0.19			4.57
Value Fund Class A		—			—			16.60			—			—
Value Fund Class B		—			—			15.62			—			—
Value Fund Class C		—			—			15.62			—			—
Value Fund Class Y		—			—			17.06			—			—
Value Opportunities Fund Class A		0.01			—			9.72			—			—
Value Opportunities Fund Class B		0.01			—			8.89			—			—
Value Opportunities Fund Class C		0.01			—			8.90			—			—
Value Opportunities Fund Class I		0.01			—			10.07			—			—
Value Opportunities Fund Class L		0.01			—			9.91			—			—
Value Opportunities Fund Class Y		0.01			—			10.29			—			—

371

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


6.	Affiliate Holdings:

As of October 31, 2008, 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

Advisers Fund		—		—		—		N/A		1			—			1			—
Balanced Income Fund		828		—		—		N/A		N/A			N/A			N/A			11
Checks and Balances Fund		—		—		—		10		11			11			11			N/A
Disciplined Equity Fund		—		—		—		N/A		1			1			1			—
Diversified International Fund		400		100		100		100		100			100			100			1,000
Equity Income Fund		—		—		—		—		—			1			1			—
Global Equity Fund		1,790		30		30		30		30			30			30			30
Global Financial Services Fund		287		—		—		N/A		N/A			N/A			N/A			—
Global Growth Fund		—		—		—		N/A		1			1			1			—
High Yield Fund		—		—		—		—		1			1			1			—
Income Allocation Fund		—		—		—		—		1			—			—			N/A
Inflation Plus Fund		—		—		—		—		—			1			1			—
International Growth Fund		—		—		—		—		—			—			1			—
International Opportunities Fund		—		—		—		6		1			1			1			—
LargeCap Growth Fund		959		25		25		N/A		N/A			N/A			N/A			10
MidCap Growth Fund		1,131		—		—		N/A		N/A			N/A			N/A			22
Money Market Fund		—		—		—		N/A		—			—			—			1,601
Retirement Income Fund		30		13		13		N/A		1			1			1			N/A
Select SmallCap Value Fund		1,555		27		27		N/A		N/A			N/A			N/A			—
SmallCap Growth Fund		—		—		—		—		—	*		—			—			—
Stock Fund		—		—		—		5		—	*		—	*		—	*		—
Target Retirement 2010 Fund		—		15		15		N/A		1			1			1			15
Target Retirement 2020 Fund		—		—		—		N/A		1			1			1			1
Target Retirement 2030 Fund		—		—		—		N/A		1			1			1			4
Tax-Free California Fund		789		—		—		N/A		N/A			N/A			N/A			N/A
Tax-Free New York Fund		1,021		122		122		N/A		N/A			N/A			N/A			N/A
Value Fund		—		—		—		—		1			—			1			—
Value Opportunities Fund		—		—		—		—		—			—			1			—

* Due to the presentation of the financial statements in thousands, the number of shares held round to zero.


7.	Investment Transactions:

For the year ended October 31, 2008, the cost of purchases and sales of securities for Money Market Fund were $9,882,825 and $9,452,402, respectively. For the year ended October 31, 2008, aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:


	Cost of Purchases		Sales Proceeds		Cost of Purchases		Sales Proceeds
	Excluding		Excluding		for		for
	U.S. Government		U.S. Government		U.S. Government		U.S. Government
	Obligations		Obligations		Obligations		Obligations

Advisers Fund	$	957,898	$	1,152,709	$	34,686	$	69,352
Balanced Allocation Fund		264,059		163,848		—		—
Balanced Income Fund		33,413		22,718		294		370
Capital Appreciation Fund		19,476,021		15,471,036		—		—
Capital Appreciation II Fund		2,358,965		2,094,491		—		—
Checks and Balances Fund		1,089,357		41,413		—		—
Conservative Allocation Fund		99,635		56,073		—		—
Disciplined Equity Fund		193,504		226,983		—		—
Diversified International Fund		30,222		10,420		—		—
Dividend and Growth Fund		2,072,960		1,392,740		—		—
Equity Growth Allocation Fund		76,696		27,277		—		—
Equity Income Fund		484,200		475,568		—		—
Floating Rate Fund		559,806		2,408,623		—		—
Fundamental Growth Fund		73,450		63,209		—		—
Global Communications Fund		27,187		27,805		—		—
Global Equity Fund		31,931		10,648		—		—
Global Financial Services Fund		53,375		42,050		—		—
Global Growth Fund		543,092		548,971		—		—

372


	Cost of Purchases		Sales Proceeds		Cost of Purchases		Sales Proceeds
	Excluding		Excluding		for		for
	U.S. Government		U.S. Government		U.S. Government		U.S. Government
	Obligations		Obligations		Obligations		Obligations

Global Health Fund	$	561,506	$	590,822	$	—	$	—
Global Technology Fund		94,048		103,296		—		—
Growth Allocation Fund		172,485		104,173		—		—
Growth Fund		1,046,797		1,104,160		—		—
Growth Opportunities Fund		4,682,764		3,384,222		—		—
High Yield Fund		223,432		238,666		—		—
High Yield Municipal Bond Fund		404,276		128,200		—		—
Income Allocation Fund		38,924		24,338		—		—
Income Fund		255,569		250,532		313,274		316,404
Inflation Plus Fund		92,393		66,241		3,547,016		3,335,905
International Growth Fund		2,056,207		1,868,855		—		—
International Opportunities Fund		646,309		595,694		—		—
International Small Company Fund		310,612		351,784		—		—
LargeCap Growth Fund		21,872		16,655		—		—
MidCap Fund		2,599,180		2,815,320		—		—
MidCap Growth Fund		90,311		73,662		—		—
MidCap Value Fund		166,538		233,994		—		—
Retirement Income Fund		8,003		3,194		—		—
Select MidCap Value Fund		155,804		177,323		—		—
Select SmallCap Value Fund		59,464		51,139		—		—
Short Duration Fund		89,758		71,364		54,322		69,041
Small Company Fund		1,377,324		1,133,738		—		—
SmallCap Growth Fund		313,405		369,052		—		—
Stock Fund		722,669		873,460		—		—
Strategic Income Fund		374,171		185,745		87,635		80,931
Target Retirement 2010 Fund		19,559		9,536		—		—
Target Retirement 2020 Fund		38,104		15,143		—		—
Target Retirement 2030 Fund		29,070		8,311		—		—
Tax-Free California Fund		28,686		28,618		—		—
Tax-Free Minnesota Fund		7,123		11,852		—		—
Tax-Free National Fund		175,571		146,329		—		—
Tax-Free New York Fund		5,804		6,033		—		—
Total Return Bond Fund		2,282,075		1,954,058		1,171,434		1,009,845
U.S. Government Securities Fund		56,271		46,915		35,683		26,890
Value Fund		237,346		219,016		—		—
Value Opportunities Fund		131,693		169,968		—		—


8.	Capital Share Transactions:

The following information is for the year ended October 31, 2008 and the year ended October 31, 2007:

373

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Advisers Fund:
Class A Shares		4,723		8,149		(16,658	)		—		(3,786	)		6,316		1,427		(15,308	)		—		(7,565	)
Amount	$	68,922	$	128,191	$	(236,566	)	$	—	$	(39,453	)	$	111,532	$	24,851	$	(269,518	)	$	—	$	(133,135	)
Class B Shares		360		1,720		(5,914	)		—		(3,834	)		505		255		(7,864	)		—		(7,104	)
Amount	$	5,188	$	26,933	$	(84,983	)	$	—	$	(52,862	)	$	8,837	$	4,349	$	(137,250	)	$	—	$	(124,064	)
Class C Shares		520		1,393		(3,194	)		—		(1,281	)		462		185		(2,603	)		—		(1,956	)
Amount	$	7,233	$	22,009	$	(45,241	)	$	—	$	(15,999	)	$	8,160	$	3,198	$	(45,767	)	$	—	$	(34,409	)
Class R3 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	3	$	1	$	—		$	—	$	4		$	10	$	—	$	—		$	—	$	10
Class R4 Shares		14		—		(7	)		—		7			3		—		—			—		3
Amount	$	209	$	8	$	(103	)	$	—	$	114		$	52	$	—	$	—		$	—	$	52
Class R5 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	—	$	1	$	—		$	—	$	1		$	10	$	—	$	—		$	—	$	10
Class Y Shares		120		157		(305	)		—		(28	)		54		29		(65	)		—		18
Amount	$	1,836	$	2,498	$	(4,516	)	$	—	$	(182	)	$	965	$	517	$	(1,165	)	$	—	$	317
Balanced Allocation Fund:
Class A Shares		14,186		4,158		(12,888	)		—		5,456			14,252		2,038		(7,600	)		—		8,690
Amount	$	158,195	$	49,061	$	(137,212	)	$	—	$	70,044		$	175,249	$	24,479	$	(93,540	)	$	—	$	106,188
Class B Shares		2,209		811		(2,413	)		—		607			2,401		404		(1,536	)		—		1,269
Amount	$	24,579	$	9,630	$	(25,778	)	$	—	$	8,431		$	29,397	$	4,818	$	(18,872	)	$	—	$	15,343
Class C Shares		5,758		1,236		(5,278	)		—		1,716			5,561		568		(3,170	)		—		2,959
Amount	$	64,145	$	14,655	$	(56,089	)	$	—	$	22,711		$	68,155	$	6,776	$	(39,000	)	$	—	$	35,931
Class I Shares		259		8		(74	)		—		193			110		3		(71	)		—		42
Amount	$	2,909	$	96	$	(808	)	$	—	$	2,197		$	1,347	$	35	$	(883	)	$	—	$	499
Class R3 Shares		160		1		(128	)		—		33			9		—		—			—		9
Amount	$	1,774	$	12	$	(1,275	)	$	—	$	511		$	113	$	1	$	(4	)	$	—	$	110
Class R4 Shares		1,084		30		(312	)		—		802			209		1		(5	)		—		205
Amount	$	11,920	$	343	$	(3,328	)	$	—	$	8,935		$	2,645	$	8	$	(58	)	$	—	$	2,595
Class R5 Shares		552		11		(130	)		—		433			55		—		—			—		55
Amount	$	6,087	$	119	$	(1,388	)	$	—	$	4,818		$	687	$	4	$	—		$	—	$	691
Balanced Income Fund:
Class A Shares		1,538		193		(964	)		—		767			2,672		71		(172	)		—		2,571
Amount	$	15,554	$	1,923	$	(8,971	)	$	—	$	8,506		$	28,774	$	766	$	(1,851	)	$	—	$	27,689
Class B Shares		111		8		(90	)		—		29			184		3		(8	)		—		179
Amount	$	1,118	$	83	$	(842	)	$	—	$	359		$	1,985	$	28	$	(91	)	$	—	$	1,922
Class C Shares		233		15		(147	)		—		101			367		4		(22	)		—		349
Amount	$	2,396	$	151	$	(1,444	)	$	—	$	1,103		$	3,957	$	41	$	(237	)	$	—	$	3,761
Class Y Shares		—		1		—			—		1			—		—		—			—		—
Amount	$	—	$	5	$	—		$	—	$	5		$	—	$	4	$	—		$	—	$	4
Capital Appreciation Fund:
Class A Shares		146,914		23,779		(97,067	)		—		73,626			87,303		17,873		(42,965	)		—		62,211
Amount	$	5,204,130	$	960,180	$	(3,206,287	)	$	—	$	2,958,023		$	3,502,107	$	659,971	$	(1,730,535	)	$	—	$	2,431,543
Class B Shares		6,666		5,081		(13,630	)		—		(1,883	)		6,777		4,371		(9,556	)		—		1,592
Amount	$	214,918	$	183,341	$	(423,963	)	$	—	$	(25,704	)	$	243,926	$	146,176	$	(348,719	)	$	—	$	41,383
Class C Shares		35,585		8,838		(23,786	)		—		20,637			29,666		6,331		(12,054	)		—		23,943
Amount	$	1,162,684	$	320,715	$	(707,999	)	$	—	$	775,400		$	1,078,361	$	212,674	$	(440,984	)	$	—	$	850,051
Class I Shares		18,052		287		(3,018	)		—		15,321			3,462		17		(198	)		—		3,281
Amount	$	583,424	$	11,558	$	(93,550	)	$	—	$	501,432		$	140,237	$	626	$	(8,135	)	$	—	$	132,728
Class R3 Shares		347		—		(35	)		—		312			1		—		—			—		1
Amount	$	12,781	$	3	$	(1,192	)	$	—	$	11,592		$	34	$	—	$	—		$	—	$	34
Class R4 Shares		2,754		34		(110	)		—		2,678			326		—		(8	)		—		318
Amount	$	101,244	$	1,432	$	(3,666	)	$	—	$	99,010		$	15,387	$	—	$	(390	)	$	—	$	14,997
Class R5 Shares		1,479		8		(93	)		—		1,394			24		—		—			—		24
Amount	$	57,451	$	352	$	(3,325	)	$	—	$	54,478		$	1,141	$	—	$	(2	)	$	—	$	1,139
Class Y Shares		22,380		1,725		(2,635	)		—		21,470			11,305		1,019		(1,104	)		—		11,220
Amount	$	845,740	$	74,889	$	(100,354	)	$	—	$	820,275		$	487,276	$	40,269	$	(48,276	)	$	—	$	479,269

374


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Capital Appreciation II Fund:
Class A Shares		26,758		3,361		(23,631	)		—		6,488			35,707		400		(6,023	)		—		30,084
Amount	$	358,379	$	49,988	$	(289,877	)	$	—	$	118,490		$	527,123	$	5,193	$	(88,458	)	$	—	$	443,858
Class B Shares		2,420		475		(1,411	)		—		1,484			4,444		52		(430	)		—		4,066
Amount	$	31,700	$	6,911	$	(16,777	)	$	—	$	21,834		$	64,283	$	666	$	(6,279	)	$	—	$	58,670
Class C Shares		12,925		1,739		(7,915	)		—		6,749			18,529		166		(1,252	)		—		17,443
Amount	$	169,290	$	25,354	$	(92,840	)	$	—	$	101,804		$	269,523	$	2,128	$	(18,308	)	$	—	$	253,343
Class I Shares		8,574		326		(4,802	)		—		4,098			6,315		6		(1,643	)		—		4,678
Amount	$	110,685	$	4,865	$	(58,652	)	$	—	$	56,898		$	92,756	$	77	$	(23,510	)	$	—	$	69,323
Class R3 Shares		517		2		(71	)		—		448			40		—		(13	)		—		27
Amount	$	6,719	$	33	$	(866	)	$	—	$	5,886		$	572	$	—	$	(186	)	$	—	$	386
Class R4 Shares		157		—		(18	)		—		139			1		—		—			—		1
Amount	$	2,027	$	1	$	(200	)	$	—	$	1,828		$	11	$	—	$	—		$	—	$	11
Class R5 Shares		12		1		(4	)		—		9			8		—		—			—		8
Amount	$	169	$	12	$	(52	)	$	—	$	129		$	122	$	—	$	(1	)	$	—	$	121
Class Y Shares		3,157		1		(704	)		—		2,454			—		—		—			—		—
Amount	$	34,322	$	11	$	(6,746	)	$	—	$	27,587		$	—	$	3	$	—		$	—	$	3
Checks and Balances Fund:
Class A Shares		82,896		1,054		(11,616	)		—		72,334			16,805		34		(413	)		—		16,426
Amount	$	788,469	$	9,911	$	(102,257	)	$	—	$	696,123		$	170,540	$	352	$	(4,185	)	$	—	$	166,707
Class B Shares		11,434		86		(1,283	)		—		10,237			1,922		3		(42	)		—		1,883
Amount	$	108,095	$	808	$	(11,186	)	$	—	$	97,717		$	19,482	$	28	$	(421	)	$	—	$	19,089
Class C Shares		27,792		217		(4,262	)		—		23,747			5,322		7		(76	)		—		5,253
Amount	$	264,512	$	2,054	$	(37,047	)	$	—	$	229,519		$	54,033	$	71	$	(776	)	$	—	$	53,328
Class I Shares		1,291		4		(162	)		—		1,133			—		—		—			—		—
Amount	$	11,382	$	39	$	(1,329	)	$	—	$	10,092		$	—	$	—	$	—		$	—	$	—
Class R3 Shares		11		—		—			—		11			—		—		—			—		—
Amount	$	101	$	—	$	—		$	—	$	101		$	—	$	—	$	—		$	—	$	—
Class R4 Shares		11		—		—			—		11			—		—		—			—		—
Amount	$	100	$	—	$	—		$	—	$	100		$	—	$	—	$	—		$	—	$	—
Class R5 Shares		11		—		—			—		11			—		—		—			—		—
Amount	$	100	$	1	$	—		$	—	$	101		$	—	$	—	$	—		$	—	$	—
Conservative Allocation Fund:
Class A Shares		6,078		809		(4,337	)		—		2,550			3,702		503		(2,134	)		—		2,071
Amount	$	62,170	$	8,613	$	(43,829	)	$	—	$	26,954		$	41,554	$	5,558	$	(23,979	)	$	—	$	23,133
Class B Shares		875		145		(754	)		—		266			622		97		(352	)		—		367
Amount	$	8,914	$	1,556	$	(7,534	)	$	—	$	2,936		$	6,959	$	1,066	$	(3,940	)	$	—	$	4,085
Class C Shares		3,122		258		(2,546	)		—		834			3,123		155		(2,519	)		—		759
Amount	$	32,319	$	2,758	$	(25,221	)	$	—	$	9,856		$	34,833	$	1,712	$	(28,100	)	$	—	$	8,445
Class I Shares		91		7		(177	)		—		(79	)		349		5		(226	)		—		128
Amount	$	937	$	83	$	(1,837	)	$	—	$	(817	)	$	3,864	$	50	$	(2,542	)	$	—	$	1,372
Class R3 Shares		129		—		(99	)		—		30			2		—		—			—		2
Amount	$	1,324	$	4	$	(1,004	)	$	—	$	324		$	20	$	—	$	(1	)	$	—	$	19
Class R4 Shares		777		17		(240	)		—		554			39		—		(2	)		—		37
Amount	$	8,088	$	174	$	(2,205	)	$	—	$	6,057		$	436	$	2	$	(19	)	$	—	$	419
Class R5 Shares		242		8		(57	)		—		193			60		—		—			—		60
Amount	$	2,483	$	79	$	(551	)	$	—	$	2,011		$	684	$	2	$	(2	)	$	—	$	684

375

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Disciplined Equity Fund:
Class A Shares		825		18		(2,793	)		—		(1,950	)		779		99		(3,352	)		—		(2,474	)
Amount	$	10,605	$	259	$	(35,569	)	$	—	$	(24,705	)	$	10,991	$	1,346	$	(47,069	)	$	—	$	(34,732	)
Class B Shares		68		—		(830	)		—		(762	)		115		3		(848	)		—		(730	)
Amount	$	825	$	—	$	(10,190	)	$	—	$	(9,365	)	$	1,544	$	38	$	(11,417	)	$	—	$	(9,835	)
Class C Shares		102		—		(414	)		—		(312	)		63		1		(520	)		—		(456	)
Amount	$	1,215	$	—	$	(4,973	)	$	—	$	(3,758	)	$	837	$	17	$	(6,922	)	$	—	$	(6,068	)
Class R3 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	6	$	—	$	—		$	—	$	6		$	10	$	—	$	—		$	—	$	10
Class R4 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	1	$	—	$	—		$	—	$	1		$	10	$	—	$	—		$	—	$	10
Class R5 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	—	$	—	$	—		$	—	$	—		$	10	$	—	$	—		$	—	$	10
Class Y Shares		665		51		(860	)		—		(144	)		1,306		47		(6,642	)		—		(5,289	)
Amount	$	8,318	$	754	$	(9,306	)	$	—	$	(234	)	$	19,108	$	659	$	(91,136	)	$	—	$	(71,369	)
Diversified International Fund:
Class A Shares		432		—		(2	)		—		430			—		—		—			—		—
Amount	$	4,256	$	—	$	(18	)	$	—	$	4,238		$	—	$	—	$	—		$	—	$	—
Class B Shares		101		—		—			—		101			—		—		—			—		—
Amount	$	1,005	$	—	$	—		$	—	$	1,005		$	—	$	—	$	—		$	—	$	—
Class C Shares		105		—		(1	)		—		104			—		—		—			—		—
Amount	$	1,038	$	—	$	(4	)	$	—	$	1,034		$	—	$	—	$	—		$	—	$	—
Class I Shares		100		—		—			—		100			—		—		—			—		—
Amount	$	1,000	$	—	$	—		$	—	$	1,000		$	—	$	—	$	—		$	—	$	—
Class R3 Shares		100		—		—			—		100			—		—		—			—		—
Amount	$	1,000	$	—	$	—		$	—	$	1,000		$	—	$	—	$	—		$	—	$	—
Class R4 Shares		100		—		—			—		100			—		—		—			—		—
Amount	$	1,000	$	—	$	—		$	—	$	1,000		$	—	$	—	$	—		$	—	$	—
Class R5 Shares		100		—		—			—		100			—		—		—			—		—
Amount	$	1,000	$	—	$	—		$	—	$	1,000		$	—	$	—	$	—		$	—	$	—
Class Y Shares		1,000		—		—			—		1,000			—		—		—			—		—
Amount	$	10,000	$	—	$	—		$	—	$	10,000		$	—	$	—	$	—		$	—	$	—
Dividend and Growth Fund:
Class A Shares		28,976		10,493		(27,322	)		—		12,147			24,817		9,647		(16,770	)		—		17,694
Amount	$	556,608	$	216,318	$	(502,446	)	$	—	$	270,480		$	541,443	$	198,393	$	(367,180	)	$	—	$	372,656
Class B Shares		1,813		1,117		(4,749	)		—		(1,819	)		2,462		1,193		(3,550	)		—		105
Amount	$	34,327	$	22,868	$	(88,318	)	$	—	$	(31,123	)	$	52,687	$	23,931	$	(76,451	)	$	—	$	167
Class C Shares		2,241		1,031		(3,824	)		—		(552	)		2,480		1,041		(2,440	)		—		1,081
Amount	$	41,699	$	21,027	$	(69,316	)	$	—	$	(6,590	)	$	53,014	$	20,886	$	(52,425	)	$	—	$	21,475
Class I Shares		11,984		51		(546	)		—		11,489			95		1		(14	)		—		82
Amount	$	210,565	$	952	$	(8,953	)	$	—	$	202,564		$	2,092	$	13	$	(303	)	$	—	$	1,802
Class R3 Shares		30		—		(7	)		—		23			8		—		—			—		8
Amount	$	569	$	13	$	(146	)	$	—	$	436		$	170	$	—	$	(2	)	$	—	$	168
Class R4 Shares		525		10		(49	)		—		486			87		—		(2	)		—		85
Amount	$	10,068	$	208	$	(901	)	$	—	$	9,375		$	2,033	$	1	$	(43	)	$	—	$	1,991
Class R5 Shares		14		1		(2	)		—		13			8		—		—			—		8
Amount	$	279	$	16	$	(37	)	$	—	$	258		$	193	$	—	$	—		$	—	$	193
Class Y Shares		23,180		1,110		(1,697	)		—		22,593			5,596		459		(1,299	)		—		4,756
Amount	$	449,513	$	22,787	$	(27,333	)	$	—	$	444,967		$	128,524	$	9,602	$	(27,649	)	$	—	$	110,477

376


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Equity Growth Allocation Fund:
Class A Shares		3,894		1,191		(2,598	)		—		2,487			3,853		342		(1,839	)		—		2,356
Amount	$	47,768	$	16,355	$	(29,990	)	$	—	$	34,133		$	53,844	$	4,488	$	(26,095	)	$	—	$	32,237
Class B Shares		629		301		(571	)		—		359			811		83		(336	)		—		558
Amount	$	7,627	$	4,107	$	(6,585	)	$	—	$	5,149		$	11,300	$	1,077	$	(4,711	)	$	—	$	7,666
Class C Shares		1,479		432		(1,200	)		—		711			1,437		116		(708	)		—		845
Amount	$	17,894	$	5,883	$	(14,044	)	$	—	$	9,733		$	19,934	$	1,505	$	(9,897	)	$	—	$	11,542
Class I Shares		82		—		(6	)		—		76			3		—		—			—		3
Amount	$	942	$	8	$	(49	)	$	—	$	901		$	48	$	—	$	(5	)	$	—	$	43
Class R3 Shares		29		7		(12	)		—		24			85		—		(24	)		—		61
Amount	$	341	$	88	$	(146	)	$	—	$	283		$	1,251	$	—	$	(341	)	$	—	$	910
Class R4 Shares		302		7		(49	)		—		260			31		—		(2	)		—		29
Amount	$	3,761	$	87	$	(542	)	$	—	$	3,306		$	446	$	—	$	(28	)	$	—	$	418
Class R5 Shares		196		1		(18	)		—		179			5		—		—			—		5
Amount	$	2,367	$	8	$	(165	)	$	—	$	2,210		$	70	$	—	$	—		$	—	$	70
Equity Income Fund:
Class A Shares		11,842		2,683		(10,143	)		—		4,382			14,930		2,316		(4,996	)		—		12,250
Amount	$	151,313	$	36,274	$	(125,328	)	$	—	$	62,259		$	215,310	$	32,077	$	(72,479	)	$	—	$	174,908
Class B Shares		428		142		(931	)		—		(361	)		844		150		(618	)		—		376
Amount	$	5,527	$	1,942	$	(11,693	)	$	—	$	(4,224	)	$	12,066	$	2,058	$	(8,972	)	$	—	$	5,152
Class C Shares		467		188		(1,252	)		—		(597	)		980		208		(787	)		—		401
Amount	$	5,716	$	2,567	$	(15,708	)	$	—	$	(7,425	)	$	14,015	$	2,853	$	(11,349	)	$	—	$	5,519
Class I Shares		93		3		(16	)		—		80			54		1		(3	)		—		52
Amount	$	1,039	$	48	$	(177	)	$	—	$	910		$	770	$	17	$	(37	)	$	—	$	750
Class R3 Shares		2		—		—			—		2			6		—		—			—		6
Amount	$	23	$	4	$	(8	)	$	—	$	19		$	93	$	—	$	—		$	—	$	93
Class R4 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	—	$	—	$	—		$	—	$	—		$	10	$	—	$	—		$	—	$	10
Class R5 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	—	$	—	$	—		$	—	$	—		$	10	$	—	$	—		$	—	$	10
Class Y Shares		794		498		(3,863	)		—		(2,571	)		8,385		336		(705	)		—		8,016
Amount	$	10,513	$	6,745	$	(39,562	)	$	—	$	(22,304	)	$	115,771	$	4,751	$	(10,403	)	$	—	$	110,119
Floating Rate Fund:
Class A Shares		42,614		5,242		(149,657	)		—		(101,801	)		218,998		8,343		(171,714	)		—		55,627
Amount	$	388,034	$	47,024	$	(1,353,632	)	$	—	$	(918,574	)	$	2,209,638	$	83,299	$	(1,708,318	)	$	—	$	584,619
Class B Shares		1,045		190		(2,862	)		—		(1,627	)		4,398		199		(1,474	)		—		3,123
Amount	$	9,526	$	1,692	$	(25,588	)	$	—	$	(14,370	)	$	44,237	$	1,986	$	(14,582	)	$	—	$	31,641
Class C Shares		22,066		5,084		(95,489	)		—		(68,339	)		150,707		5,721		(47,155	)		—		109,273
Amount	$	202,059	$	45,465	$	(856,498	)	$	—	$	(608,974	)	$	1,519,091	$	56,915	$	(465,577	)	$	—	$	1,110,429
Class I Shares		22,355		1,270		(41,211	)		—		(17,586	)		85,893		1,832		(52,278	)		—		35,447
Amount	$	201,916	$	11,319	$	(369,073	)	$	—	$	(155,838	)	$	867,496	$	18,271	$	(519,197	)	$	—	$	366,570
Class R3 Shares		49		3		(5	)		—		47			29		—		—			—		29
Amount	$	451	$	29	$	(44	)	$	—	$	436		$	286	$	4	$	—		$	—	$	290
Class R4 Shares		85		3		(17	)		—		71			1		—		—			—		1
Amount	$	782	$	25	$	(150	)	$	—	$	657		$	10	$	1	$	—		$	—	$	11
Class R5 Shares		1		1		(10	)		—		(8	)		26		1		(6	)		—		21
Amount	$	6	$	9	$	(91	)	$	—	$	(76	)	$	264	$	6	$	(59	)	$	—	$	211
Class Y Shares		3,794		635		(1,350	)		—		3,079			6,189		492		(1,007	)		—		5,674
Amount	$	32,823	$	5,625	$	(11,830	)	$	—	$	26,618		$	61,841	$	4,904	$	(10,186	)	$	—	$	56,559
Fundamental Growth Fund:
Class A Shares		755		357		(799	)		—		313			185		—		(979	)		—		(794	)
Amount	$	8,345	$	4,174	$	(8,299	)	$	—	$	4,220		$	2,384	$	—	$	(11,850	)	$	—	$	(9,466	)
Class B Shares		77		118		(243	)		—		(48	)		31		—		(347	)		—		(316	)
Amount	$	819	$	1,320	$	(2,478	)	$	—	$	(339	)	$	366	$	—	$	(4,095	)	$	—	$	(3,729	)
Class C Shares		210		126		(206	)		—		130			162		—		(365	)		—		(203	)
Amount	$	2,279	$	1,405	$	(2,089	)	$	—	$	1,595		$	1,986	$	—	$	(4,292	)	$	—	$	(2,306	)
Class Y Shares		1,387		4		(27	)		—		1,364			9		—		(25	)		—		(16	)
Amount	$	11,816	$	41	$	(280	)	$	—	$	11,577		$	118	$	—	$	(309	)	$	—	$	(191	)

377

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Global Communications Fund:
Class A Shares		1,270		113		(1,406	)		—		(23	)		2,012		33		(1,441	)		—		604
Amount	$	11,947	$	1,149	$	(11,945	)	$	—	$	1,151		$	18,659	$	281	$	(13,339	)	$	—	$	5,601
Class B Shares		155		21		(191	)		—		(15	)		176		7		(130	)		—		53
Amount	$	1,385	$	210	$	(1,589	)	$	—	$	6		$	1,566	$	55	$	(1,165	)	$	—	$	456
Class C Shares		269		33		(513	)		—		(211	)		535		6		(183	)		—		358
Amount	$	2,451	$	323	$	(4,163	)	$	—	$	(1,389	)	$	4,912	$	53	$	(1,651	)	$	—	$	3,314
Class Y Shares		107		5		(119	)		—		(7	)		76		3		(110	)		—		(31	)
Amount	$	1,142	$	51	$	(1,110	)	$	—	$	83		$	711	$	23	$	(1,051	)	$	—	$	(317	)
Global Equity Fund:
Class A Shares		1,961		—		(14	)		—		1,947			—		—		—			—		—
Amount	$	19,595	$	—	$	(129	)	$	—	$	19,466		$	—	$	—	$	—		$	—	$	—
Class B Shares		34		—		—			—		34			—		—		—			—		—
Amount	$	331	$	—	$	—		$	—	$	331		$	—	$	—	$	—		$	—	$	—
Class C Shares		35		—		—			—		35			—		—		—			—		—
Amount	$	341	$	—	$	—		$	—	$	341		$	—	$	—	$	—		$	—	$	—
Class I Shares		31		—		(1	)		—		30			—		—		—			—		—
Amount	$	311	$	—	$	(7	)	$	—	$	304		$	—	$	—	$	—		$	—	$	—
Class R3 Shares		30		—		—			—		30			—		—		—			—		—
Amount	$	300	$	—	$	—		$	—	$	300		$	—	$	—	$	—		$	—	$	—
Class R4 Shares		30		—		—			—		30			—		—		—			—		—
Amount	$	300	$	—	$	—		$	—	$	300		$	—	$	—	$	—		$	—	$	—
Class R5 Shares		30		—		—			—		30			—		—		—			—		—
Amount	$	300	$	—	$	—		$	—	$	300		$	—	$	—	$	—		$	—	$	—
Class Y Shares		30		—		—			—		30			—		—		—			—		—
Amount	$	300	$	—	$	—		$	—	$	300		$	—	$	—	$	—		$	—	$	—
Global Financial Services Fund:
Class A Shares		2,959		259		(2,492	)		—		726			890		101		(791	)		—		200
Amount	$	28,547	$	2,953	$	(22,327	)	$	—	$	9,173		$	12,151	$	1,348	$	(11,136	)	$	—	$	2,363
Class B Shares		169		37		(85	)		—		121			32		18		(55	)		—		(5	)
Amount	$	1,534	$	417	$	(805	)	$	—	$	1,146		$	445	$	232	$	(746	)	$	—	$	(69	)
Class C Shares		425		52		(213	)		—		264			135		19		(77	)		—		77
Amount	$	4,096	$	582	$	(1,986	)	$	—	$	2,692		$	1,789	$	254	$	(1,036	)	$	—	$	1,007
Class Y Shares		94		16		(23	)		—		87			57		5		(23	)		—		39
Amount	$	911	$	190	$	(227	)	$	—	$	874		$	792	$	67	$	(325	)	$	—	$	534
Global Growth Fund:
Class A Shares		2,818		2,438		(4,703	)		—		553			1,845		1,100		(4,813	)		—		(1,868	)
Amount	$	51,785	$	50,714	$	(79,690	)	$	—	$	22,809		$	38,457	$	20,507	$	(98,382	)	$	—	$	(39,418	)
Class B Shares		198		457		(1,596	)		—		(941	)		168		223		(1,104	)		—		(713	)
Amount	$	3,339	$	8,763	$	(26,019	)	$	—	$	(13,917	)	$	3,238	$	3,904	$	(21,185	)	$	—	$	(14,043	)
Class C Shares		221		419		(744	)		—		(104	)		189		190		(752	)		—		(373	)
Amount	$	3,869	$	8,096	$	(11,730	)	$	—	$	235		$	3,679	$	3,337	$	(14,385	)	$	—	$	(7,369	)
Class R3 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	8	$	1	$	—		$	—	$	9		$	10	$	—	$	—		$	—	$	10
Class R4 Shares		27		—		(27	)		—		—			1		—		—			—		1
Amount	$	516	$	1	$	(500	)	$	—	$	17		$	10	$	—	$	—		$	—	$	10
Class R5 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	10	$	1	$	—		$	—	$	11		$	10	$	—	$	—		$	—	$	10
Class Y Shares		4,002		907		(210	)		—		4,699			1,350		457		(2,728	)		—		(921	)
Amount	$	53,425	$	19,921	$	(3,860	)	$	—	$	69,486		$	27,583	$	8,887	$	(62,533	)	$	—	$	(26,063	)

378


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Global Health Fund:
Class A Shares		6,482		1,678		(11,571	)		—		(3,411	)		10,768		732		(5,226	)		—		6,274
Amount	$	104,793	$	28,823	$	(174,098	)	$	—	$	(40,482	)	$	194,696	$	12,317	$	(94,560	)	$	—	$	112,453
Class B Shares		338		351		(1,509	)		—		(820	)		598		189		(857	)		—		(70	)
Amount	$	5,133	$	5,622	$	(22,130	)	$	—	$	(11,375	)	$	10,244	$	3,013	$	(14,588	)	$	—	$	(1,331	)
Class C Shares		1,437		515		(1,782	)		—		170			2,773		214		(1,031	)		—		1,956
Amount	$	21,700	$	8,271	$	(26,055	)	$	—	$	3,916		$	47,545	$	3,401	$	(17,574	)	$	—	$	33,372
Class I Shares		4,410		49		(1,892	)		—		2,567			1,129		2		(383	)		—		748
Amount	$	63,808	$	851	$	(26,844	)	$	—	$	37,815		$	20,456	$	27	$	(6,861	)	$	—	$	13,622
Class R3 Shares		35		—		(3	)		—		32			6		—		—			—		6
Amount	$	557	$	7	$	(43	)	$	—	$	521		$	111	$	—	$	—		$	—	$	111
Class R4 Shares		294		2		(26	)		—		270			25		—		—			—		25
Amount	$	4,897	$	36	$	(406	)	$	—	$	4,527		$	489	$	—	$	(8	)	$	—	$	481
Class R5 Shares		110		1		(25	)		—		86			22		—		—			—		22
Amount	$	1,917	$	25	$	(431	)	$	—	$	1,511		$	439	$	—	$	—		$	—	$	439
Class Y Shares		29		777		(28	)		—		778			30		405		(20	)		—		415
Amount	$	519	$	14,028	$	(493	)	$	—	$	14,054		$	569	$	7,106	$	(371	)	$	—	$	7,304
Global Technology Fund:
Class A Shares		1,924		—		(2,860	)		—		(936	)		2,277		—		(1,706	)		—		571
Amount	$	11,500	$	—	$	(16,331	)	$	—	$	(4,831	)	$	14,990	$	—	$	(10,548	)	$	—	$	4,442
Class B Shares		177		—		(753	)		—		(576	)		255		—		(486	)		—		(231	)
Amount	$	984	$	—	$	(4,058	)	$	—	$	(3,074	)	$	1,555	$	—	$	(2,890	)	$	—	$	(1,335	)
Class C Shares		234		—		(402	)		—		(168	)		568		—		(437	)		—		131
Amount	$	1,308	$	—	$	(2,146	)	$	—	$	(838	)	$	3,457	$	—	$	(2,577	)	$	—	$	880
Class Y Shares		120		—		(233	)		—		(113	)		221		—		(52	)		—		169
Amount	$	694	$	—	$	(1,446	)	$	—	$	(752	)	$	1,436	$	—	$	(326	)	$	—	$	1,110
Growth Allocation Fund:
Class A Shares		8,156		3,356		(7,836	)		—		3,676			9,767		1,184		(5,479	)		—		5,472
Amount	$	95,331	$	43,714	$	(88,553	)	$	—	$	50,492		$	128,577	$	14,829	$	(72,798	)	$	—	$	70,608
Class B Shares		1,707		883		(1,974	)		—		616			2,233		297		(1,149	)		—		1,381
Amount	$	20,111	$	11,427	$	(22,147	)	$	—	$	9,391		$	29,169	$	3,694	$	(15,130	)	$	—	$	17,733
Class C Shares		4,885		1,351		(5,357	)		—		879			4,655		452		(2,909	)		—		2,198
Amount	$	56,954	$	17,474	$	(59,767	)	$	—	$	14,661		$	60,997	$	5,620	$	(37,965	)	$	—	$	28,652
Class I Shares		122		6		(30	)		—		98			56		—		(2	)		—		54
Amount	$	1,352	$	75	$	(338	)	$	—	$	1,089		$	719	$	5	$	(22	)	$	—	$	702
Class R3 Shares		3		—		(1	)		—		2			4		—		—			—		4
Amount	$	30	$	5	$	(7	)	$	—	$	28		$	52	$	—	$	(2	)	$	—	$	50
Class R4 Shares		707		9		(174	)		—		542			22		—		—			—		22
Amount	$	8,547	$	120	$	(1,950	)	$	—	$	6,717		$	308	$	—	$	—		$	—	$	308
Class R5 Shares		320		5		(40	)		—		285			54		—		—			—		54
Amount	$	3,486	$	65	$	(468	)	$	—	$	3,083		$	757	$	—	$	—		$	—	$	757

379

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued			Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from			(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger			of Shares

Growth Fund:
Class A Shares		7,001		2,200		(13,530	)		—		(4,329	)		7,305		2,346		(18,446	)		—			(8,795	)
Amount	$	113,372	$	40,350	$	(214,303	)	$	—	$	(60,581	)	$	133,123	$	40,196	$	(338,568	)	$	—		$	(165,249	)
Class B Shares		171		209		(602	)		—		(222	)		171		216		(848	)		—			(461	)
Amount	$	2,467	$	3,267	$	(8,368	)	$	—	$	(2,634	)	$	2,712	$	3,228	$	(13,490	)	$	—		$	(7,550	)
Class C Shares		924		383		(1,189	)		—		118			900		377		(1,899	)		—			(622	)
Amount	$	13,449	$	6,019	$	(16,261	)	$	—	$	3,207		$	14,420	$	5,646	$	(30,311	)	$	—		$	(10,245	)
Class H Shares		—		—		—			—		—			13		79		(91	)		(929	)		(928	)
Amount	$	—	$	—	$	—		$	—	$	—		$	206	$	1,195	$	(1,416	)	$	(30,962	)	$	(30,977	)
Class I Shares		3,121		143		(812	)		—		2,452			1,763		69		(269	)		—			1,563
Amount	$	45,587	$	2,621	$	(12,898	)	$	—	$	35,310		$	32,846	$	1,183	$	(5,102	)	$	—		$	28,927
Class L Shares		286		1,205		(2,067	)		—		(576	)		334		1,038		(2,977	)		1,875			270
Amount	$	4,837	$	22,498	$	(34,681	)	$	—	$	(7,346	)	$	6,186	$	18,026	$	(55,354	)	$	65,128		$	33,986
Class M Shares		—		—		—			—		—			19		83		(87	)		(987	)		(972	)
Amount	$	—	$	—	$	—		$	—	$	—		$	303	$	1,257	$	(1,381	)	$	(26,545	)	$	(26,366	)
Class N Shares		—		—		—			—		—			3		20		(15	)		(241	)		(233	)
Amount	$	—	$	—	$	—		$	—	$	—		$	50	$	299	$	(231	)	$	(7,621	)	$	(7,503	)
Class R3 Shares		4		—		(1	)		—		3			1		—		—			—			1
Amount	$	74	$	1	$	(8	)	$	—	$	67		$	14	$	—	$	—		$	—		$	14
Class R4 Shares		118		1		(15	)		—		104			13		—		—			—			13
Amount	$	2,068	$	21	$	(239	)	$	—	$	1,850		$	262	$	—	$	—		$	—		$	262
Class R5 Shares		3		—		(2	)		—		1			3		—		—			—			3
Amount	$	51	$	4	$	(24	)	$	—	$	31		$	56	$	—	$	—		$	—		$	56
Class Y Shares		5,427		392		(885	)		—		4,934			600		430		(3,230	)		—			(2,200	)
Amount	$	78,920	$	7,436	$	(13,756	)	$	—	$	72,600		$	11,539	$	7,557	$	(59,737	)	$	—		$	(40,641	)
Growth Opportunities Fund:
Class A Shares		55,432		2,211		(21,951	)		—		35,692			15,381		578		(4,396	)		—			11,563
Amount	$	1,510,495	$	70,296	$	(574,779	)	$	—	$	1,006,012		$	516,607	$	15,959	$	(143,491	)	$	—		$	389,075
Class B Shares		1,044		268		(544	)		—		768			556		115		(255	)		—			416
Amount	$	24,914	$	6,998	$	(11,947	)	$	—	$	19,965		$	15,785	$	2,687	$	(6,754	)	$	—		$	11,718
Class C Shares		9,446		731		(3,186	)		—		6,991			4,662		147		(449	)		—			4,360
Amount	$	228,725	$	19,107	$	(68,108	)	$	—	$	179,724		$	135,776	$	3,440	$	(11,927	)	$	—		$	127,289
Class H Shares		—		—		—			—		—			20		116		(111	)		(1,339	)		(1,314	)
Amount	$	—	$	—	$	—		$	—	$	—		$	491	$	2,764	$	(2,756	)	$	(56,180	)	$	(55,681	)
Class I Shares		7,590		140		(2,442	)		—		5,288			1,087		—		(31	)		—			1,056
Amount	$	209,392	$	4,469	$	(60,555	)	$	—	$	153,306		$	38,286	$	6	$	(1,089	)	$	—		$	37,203
Class L Shares		369		2,666		(2,388	)		—		647			420		1,407		(2,762	)		2,047			1,112
Amount	$	10,537	$	86,483	$	(67,920	)	$	—	$	29,100		$	13,195	$	39,412	$	(87,707	)	$	96,854		$	61,754
Class M Shares		—		—		—			—		—			17		73		(59	)		(858	)		(827	)
Amount	$	—	$	—	$	—		$	—	$	—		$	403	$	1,744	$	(1,455	)	$	(32,158	)	$	(31,466	)
Class N Shares		—		—		—			—		—			5		18		(12	)		(219	)		(208	)
Amount	$	—	$	—	$	—		$	—	$	—		$	112	$	434	$	(278	)	$	(8,516	)	$	(8,248	)
Class R3 Shares		337		1		(64	)		—		274			8		—		—			—			8
Amount	$	9,476	$	36	$	(1,560	)	$	—	$	7,952		$	284	$	—	$	—		$	—		$	284
Class R4 Shares		961		14		(65	)		—		910			87		—		—			—			87
Amount	$	27,725	$	457	$	(1,668	)	$	—	$	26,514		$	3,230	$	—	$	—		$	—		$	3,230
Class R5 Shares		183		—		(21	)		—		162			3		—		(1	)		—			2
Amount	$	5,224	$	11	$	(557	)	$	—	$	4,678		$	90	$	—	$	(23	)	$	—		$	67
Class Y Shares		3,868		428		(910	)		—		3,386			1,097		134		(1,420	)		1,238			1,049
Amount	$	91,223	$	14,117	$	(28,034	)	$	—	$	77,306		$	35,903	$	3,797	$	(43,801	)	$	44,879		$	40,778
Class Z Shares		—		—		—			—		—			5		79		(41	)		(1,190	)		(1,147	)
Amount	$	—	$	—	$	—		$	—	$	—		$	139	$	2,327	$	(1,256	)	$	(44,879	)	$	(43,669	)

380


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

High Yield Fund:
Class A Shares		10,759		1,429		(12,581	)		—		(393	)		6,317		1,394		(10,077	)		—		(2,366	)
Amount	$	74,918	$	10,120	$	(90,306	)	$	—	$	(5,268	)	$	50,836	$	11,191	$	(80,889	)	$	—	$	(18,862	)
Class B Shares		316		197		(1,272	)		—		(759	)		586		205		(1,493	)		—		(702	)
Amount	$	2,252	$	1,397	$	(9,082	)	$	—	$	(5,433	)	$	4,737	$	1,641	$	(11,969	)	$	—	$	(5,591	)
Class C Shares		1,843		205		(2,556	)		—		(508	)		963		194		(1,773	)		—		(616	)
Amount	$	13,308	$	1,452	$	(18,398	)	$	—	$	(3,638	)	$	7,721	$	1,556	$	(14,255	)	$	—	$	(4,978	)
Class I Shares		142		5		(25	)		—		122			19		—		—			—		19
Amount	$	1,016	$	31	$	(169	)	$	—	$	878		$	150	$	1	$	—		$	—	$	151
Class R3 Shares		2		—		—			—		2			1		—		—			—		1
Amount	$	7	$	1	$	—		$	—	$	8		$	10	$	1	$	—		$	—	$	11
Class R4 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	—	$	1	$	—		$	—	$	1		$	10	$	1	$	—		$	—	$	11
Class R5 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	—	$	1	$	—		$	—	$	1		$	10	$	1	$	—		$	—	$	11
Class Y Shares		2,333		112		(639	)		—		1,806			227		38		(2,724	)		—		(2,459	)
Amount	$	15,615	$	778	$	(4,580	)	$	—	$	11,813		$	1,843	$	306	$	(21,753	)	$	—	$	(19,604	)
High Yield Municipal Bond Fund:
Class A Shares		25,895		436		(7,649	)		—		18,682			5,215		38		(363	)		—		4,890
Amount	$	225,224	$	3,641	$	(64,546	)	$	—	$	164,319		$	50,395	$	360	$	(3,468	)	$	—	$	47,287
Class B Shares		575		10		(84	)		—		501			149		1		(9	)		—		141
Amount	$	5,013	$	83	$	(727	)	$	—	$	4,369		$	1,445	$	10	$	(80	)	$	—	$	1,375
Class C Shares		10,561		131		(1,336	)		—		9,356			1,221		5		(39	)		—		1,187
Amount	$	91,857	$	1,083	$	(10,980	)	$	—	$	81,960		$	11,736	$	48	$	(381	)	$	—	$	11,403
Class I Shares		8,828		182		(2,309	)		—		6,701			802		4		(79	)		—		727
Amount	$	76,859	$	1,510	$	(19,089	)	$	—	$	59,280		$	7,656	$	42	$	(744	)	$	—	$	6,954
Income Allocation Fund:
Class A Shares		2,659		190		(2,026	)		—		823			1,971		130		(1,187	)		—		914
Amount	$	25,406	$	1,813	$	(18,741	)	$	—	$	8,478		$	19,522	$	1,280	$	(11,711	)	$	—	$	9,091
Class B Shares		277		22		(235	)		—		64			140		17		(132	)		—		25
Amount	$	2,664	$	213	$	(2,236	)	$	—	$	641		$	1,388	$	164	$	(1,305	)	$	—	$	247
Class C Shares		1,066		40		(674	)		—		432			461		25		(418	)		—		68
Amount	$	10,246	$	378	$	(6,313	)	$	—	$	4,311		$	4,555	$	243	$	(4,129	)	$	—	$	669
Class I Shares		36		4		(79	)		—		(39	)		114		2		(3	)		—		113
Amount	$	348	$	38	$	(759	)	$	—	$	(373	)	$	1,120	$	22	$	(28	)	$	—	$	1,114
Class R3 Shares		1		—		—			—		1			1		—		—			—		1
Amount	$	10	$	1	$	—		$	—	$	11		$	10	$	—	$	—		$	—	$	10
Class R4 Shares		163		3		(42	)		—		124			10		—		—			—		10
Amount	$	1,558	$	27	$	(403	)	$	—	$	1,182		$	94	$	1	$	—		$	—	$	95
Class R5 Shares		10		—		(1	)		—		9			1		—		—			—		1
Amount	$	93	$	1	$	(11	)	$	—	$	83		$	10	$	—	$	—		$	—	$	10
Income Fund:
Class A Shares		5,059		410		(5,290	)		—		179			7,126		267		(1,318	)		—		6,075
Amount	$	49,096	$	3,912	$	(50,943	)	$	—	$	2,065		$	73,438	$	2,725	$	(13,491	)	$	—	$	62,672
Class B Shares		343		38		(412	)		—		(31	)		461		32		(221	)		—		272
Amount	$	3,347	$	368	$	(3,967	)	$	—	$	(252	)	$	4,737	$	323	$	(2,257	)	$	—	$	2,803
Class C Shares		1,001		44		(881	)		—		164			1,025		34		(438	)		—		621
Amount	$	9,674	$	423	$	(8,460	)	$	—	$	1,637		$	10,549	$	352	$	(4,492	)	$	—	$	6,409
Class Y Shares		2,605		1,250		(8,011	)		—		(4,156	)		14,767		829		(393	)		—		15,203
Amount	$	25,488	$	11,985	$	(71,433	)	$	—	$	(33,960	)	$	151,487	$	8,464	$	(4,049	)	$	—	$	155,902

381

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Inflation Plus Fund:
Class A Shares		25,993		1,034		(12,853	)		—		14,174			2,991		522		(13,253	)		—		(9,740	)
Amount	$	288,295	$	11,450	$	(140,715	)	$	—	$	159,030		$	31,148	$	5,450	$	(137,831	)	$	—	$	(101,233	)
Class B Shares		2,544		258		(1,479	)		—		1,323			178		167		(2,739	)		—		(2,394	)
Amount	$	28,133	$	2,852	$	(16,122	)	$	—	$	14,863		$	1,866	$	1,735	$	(28,480	)	$	—	$	(24,879	)
Class C Shares		14,894		669		(5,776	)		—		9,787			1,160		358		(10,227	)		—		(8,709	)
Amount	$	165,357	$	7,411	$	(62,854	)	$	—	$	109,914		$	12,070	$	3,723	$	(106,192	)	$	—	$	(90,399	)
Class I Shares		4,848		56		(2,466	)		—		2,438			989		4		(667	)		—		326
Amount	$	53,494	$	615	$	(26,032	)	$	—	$	28,077		$	10,299	$	46	$	(6,969	)	$	—	$	3,376
Class R3 Shares		38		1		(18	)		—		21			1		—		—			—		1
Amount	$	424	$	6	$	(193	)	$	—	$	237		$	10	$	—	$	—		$	—	$	10
Class R4 Shares		1		—		—			—		1			1		—		—			—		1
Amount	$	7	$	1	$	—		$	—	$	8		$	10	$	—	$	—		$	—	$	10
Class R5 Shares		2		—		—			—		2			1		—		—			—		1
Amount	$	18	$	1	$	—		$	—	$	19		$	10	$	—	$	—		$	—	$	10
Class Y Shares		3,285		920		(5,452	)		—		(1,247	)		6,291		411		(4,815	)		—		1,887
Amount	$	36,316	$	10,241	$	(59,839	)	$	—	$	(13,282	)	$	66,154	$	4,301	$	(50,148	)	$	—	$	20,307
International Growth Fund:
Class A Shares		7,582		3,405		(8,039	)		—		2,948			10,801		1,390		(3,690	)		—		8,501
Amount	$	101,116	$	53,556	$	(94,621	)	$	—	$	60,051		$	165,526	$	19,326	$	(57,196	)	$	—	$	127,656
Class B Shares		472		432		(869	)		—		35			803		221		(478	)		—		546
Amount	$	6,061	$	6,447	$	(9,647	)	$	—	$	2,861		$	11,789	$	2,963	$	(7,160	)	$	—	$	7,592
Class C Shares		795		539		(1,277	)		—		57			1,020		279		(659	)		—		640
Amount	$	10,626	$	8,047	$	(14,258	)	$	—	$	4,415		$	15,136	$	3,729	$	(9,831	)	$	—	$	9,034
Class I Shares		13,176		22		(1,124	)		—		12,074			194		—		(7	)		—		187
Amount	$	150,705	$	344	$	(10,022	)	$	—	$	141,027		$	3,137	$	2	$	(116	)	$	—	$	3,023
Class R3 Shares		45		—		(5	)		—		40			1		—		—			—		1
Amount	$	526	$	2	$	(56	)	$	—	$	472		$	12	$	—	$	—		$	—	$	12
Class R4 Shares		19		—		(1	)		—		18			1		—		—			—		1
Amount	$	261	$	2	$	(9	)	$	—	$	254		$	10	$	—	$	—		$	—	$	10
Class R5 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	—	$	2	$	—		$	—	$	2		$	10	$	—	$	—		$	—	$	10
Class Y Shares		3,697		588		(794	)		—		3,491			3,602		243		(4,565	)		—		(720	)
Amount	$	46,346	$	9,496	$	(10,151	)	$	—	$	45,691		$	63,866	$	3,442	$	(67,208	)	$	—	$	100
International Opportunities Fund:
Class A Shares		6,013		1,986		(4,290	)		—		3,709			3,166		296		(2,252	)		—		1,210
Amount	$	95,937	$	35,697	$	(62,032	)	$	—	$	69,602		$	56,961	$	4,823	$	(40,780	)	$	—	$	21,004
Class B Shares		565		345		(940	)		—		(30	)		369		53		(500	)		—		(78	)
Amount	$	8,474	$	5,720	$	(13,207	)	$	—	$	987		$	6,202	$	803	$	(8,448	)	$	—	$	(1,443	)
Class C Shares		1,390		283		(658	)		—		1,015			427		37		(307	)		—		157
Amount	$	20,809	$	4,645	$	(8,649	)	$	—	$	16,805		$	7,230	$	563	$	(5,077	)	$	—	$	2,716
Class I Shares		14		—		—			—		14			—		—		—			—		—
Amount	$	207	$	—	$	—		$	—	$	207		$	—	$	—	$	—		$	—	$	—
Class R3 Shares		6		—		—			—		6			1		—		—			—		1
Amount	$	85	$	4	$	—		$	—	$	89		$	22	$	—	$	—		$	—	$	22
Class R4 Shares		96		—		(2	)		—		94			1		—		—			—		1
Amount	$	994	$	2	$	(21	)	$	—	$	975		$	10	$	—	$	—		$	—	$	10
Class R5 Shares		—		—		—			—		—			1		—		—			—		1
Amount	$	5	$	2	$	—		$	—	$	7		$	10	$	—	$	—		$	—	$	10
Class Y Shares		1,549		1,024		(1,498	)		—		1,075			3,199		172		(347	)		—		3,024
Amount	$	23,674	$	19,072	$	(18,963	)	$	—	$	23,783		$	53,504	$	2,916	$	(6,258	)	$	—	$	50,162

382


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

International Small Company Fund:
Class A Shares		2,993		1,057		(6,034	)		—		(1,984	)		5,567		613		(1,981	)		—		4,199
Amount	$	39,053	$	15,812	$	(72,719	)	$	—	$	(17,854	)	$	89,909	$	8,847	$	(32,036	)	$	—	$	66,720
Class B Shares		156		150		(402	)		—		(96	)		437		109		(179	)		—		367
Amount	$	2,020	$	2,156	$	(4,681	)	$	—	$	(505	)	$	6,793	$	1,512	$	(2,811	)	$	—	$	5,494
Class C Shares		304		230		(963	)		—		(429	)		1,032		162		(458	)		—		736
Amount	$	3,886	$	3,279	$	(11,463	)	$	—	$	(4,298	)	$	16,059	$	2,221	$	(7,108	)	$	—	$	11,172
Class I Shares		265		2		(76	)		—		191			10		—		—			—		10
Amount	$	2,796	$	29	$	(689	)	$	—	$	2,136		$	161	$	—	$	—		$	—	$	161
Class Y Shares		1,470		1,072		(2,550	)		—		(8	)		2,568		851		(1,464	)		—		1,955
Amount	$	19,741	$	16,242	$	(24,579	)	$	—	$	11,404		$	39,453	$	12,445	$	(22,682	)	$	—	$	29,216
LargeCap Growth Fund:
Class A Shares		136		19		(53	)		—		102			1,039		1		(14	)		—		1,026
Amount	$	1,184	$	195	$	(485	)	$	—	$	894		$	10,441	$	12	$	(148	)	$	—	$	10,305
Class B Shares		21		1		(5	)		—		17			33		—		—			—		33
Amount	$	180	$	6	$	(42	)	$	—	$	144		$	334	$	—	$	(3	)	$	—	$	331
Class C Shares		44		1		(8	)		—		37			55		—		(5	)		—		50
Amount	$	413	$	10	$	(63	)	$	—	$	360		$	561	$	—	$	(58	)	$	—	$	503
Class Y Shares		773		—		(29	)		—		744			10		—		—			—		10
Amount	$	5,505	$	2	$	(177	)	$	—	$	5,330		$	100	$	—	$	—		$	—	$	100
MidCap Fund:
Class A Shares		11,241		15,211		(18,426	)		—		8,026			8,999		13,077		(12,662	)		—		9,414
Amount	$	222,250	$	326,053	$	(354,389	)	$	—	$	193,914		$	220,455	$	283,246	$	(309,142	)	$	—	$	194,559
Class B Shares		174		3,713		(7,388	)		—		(3,501	)		179		3,711		(4,364	)		—		(474	)
Amount	$	3,113	$	70,283	$	(128,029	)	$	—	$	(54,633	)	$	3,829	$	72,995	$	(96,871	)	$	—	$	(20,047	)
Class C Shares		258		4,118		(4,803	)		—		(427	)		227		3,958		(3,794	)		—		391
Amount	$	4,710	$	78,620	$	(82,918	)	$	—	$	412		$	4,749	$	78,338	$	(83,792	)	$	—	$	(705	)
Class Y Shares		6,624		845		(1,795	)		—		5,674			820		1,186		(4,212	)		—		(2,206	)
Amount	$	140,256	$	19,580	$	(37,699	)	$	—	$	122,137		$	21,314	$	27,346	$	(111,736	)	$	—	$	(63,076	)
MidCap Growth Fund (formerly known as Select MidCap Growth Fund):
Class A Shares		808		248		(687	)		1,423		1,792			590		89		(1,032	)		—		(353	)
Amount	$	7,212	$	2,583	$	(6,080	)	$	13,927	$	17,642		$	7,136	$	977	$	(12,027	)	$	—	$	(3,914	)
Class B Shares		112		53		(149	)		62		78			88		14		(75	)		—		27
Amount	$	984	$	542	$	(1,351	)	$	592	$	767		$	1,049	$	150	$	(878	)	$	—	$	321
Class C Shares		173		52		(215	)		120		130			118		14		(96	)		—		36
Amount	$	1,566	$	522	$	(1,891	)	$	1,147	$	1,344		$	1,395	$	153	$	(1,121	)	$	—	$	427
Class Y Shares		—		1		—			12		13			1		55		(2,588	)		—		(2,532	)
Amount	$	—	$	14	$	—		$	118	$	132		$	2	$	616	$	(29,285	)	$	—	$	(28,667	)
MidCap Value Fund:
Class A Shares		386		4,447		(6,258	)		—		(1,425	)		319		3,037		(3,261	)		—		95
Amount	$	3,761	$	50,611	$	(60,005	)	$	—	$	(5,633	)	$	4,580	$	38,842	$	(46,879	)	$	—	$	(3,457	)
Class B Shares		58		975		(1,371	)		—		(338	)		57		668		(847	)		—		(122	)
Amount	$	559	$	10,316	$	(12,204	)	$	—	$	(1,329	)	$	770	$	8,114	$	(11,479	)	$	—	$	(2,595	)
Class C Shares		54		979		(1,519	)		—		(486	)		45		654		(708	)		—		(9	)
Amount	$	525	$	10,367	$	(13,525	)	$	—	$	(2,633	)	$	582	$	7,941	$	(9,639	)	$	—	$	(1,116	)
Class Y Shares		1,236		27		(229	)		—		1,034			85		155		(2,186	)		—		(1,946	)
Amount	$	13,312	$	318	$	(2,269	)	$	—	$	11,361		$	1,301	$	2,054	$	(30,826	)	$	—	$	(27,471	)

383

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger		of Shares

Money Market Fund:
Class A Shares		630,595		7,915		(465,833	)		—		172,677			393,471		10,410		(296,601	)		—		107,280
Amount	$	630,595	$	7,915	$	(465,833	)	$	—	$	172,677		$	393,471	$	10,410	$	(296,601	)	$	—	$	107,280
Class B Shares		76,206		496		(39,240	)		—		37,462			26,068		892		(25,736	)		—		1,224
Amount	$	76,206	$	496	$	(39,240	)	$	—	$	37,462		$	26,068	$	892	$	(25,736	)	$	—	$	1,224
Class C Shares		238,390		1,260		(158,807	)		—		80,843			105,566		972		(63,960	)		—		42,579
Amount	$	238,390	$	1,260	$	(158,807	)	$	—	$	80,843		$	105,567	$	972	$	(63,960	)	$	—	$	42,579
Class R3 Shares		554		1		(35	)		—		520			10		—		—			—		10
Amount	$	554	$	1	$	(35	)	$	—	$	520		$	10	$	—	$	—		$	—	$	10
Class R4 Shares		140,651		1,288		(10,452	)		—		131,487			20,222		81		(3,064	)		—		17,239
Amount	$	140,651	$	1,288	$	(10,452	)	$	—	$	131,487		$	20,222	$	81	$	(3,064	)	$	—	$	17,239
Class R5 Shares		9,570		120		(2,073	)		—		7,617			1,339		5		(115	)		—		1,229
Amount	$	9,570	$	120	$	(2,073	)	$	—	$	7,617		$	1,339	$	5	$	(115	)	$	—	$	1,229
Class Y Shares		4,020		83		(5,209	)		—		(1,106	)		2,384		175		(13,480	)		—		(10,921	)
Amount	$	4,020	$	83	$	(5,209	)	$	—	$	(1,106	)	$	2,384	$	175	$	(13,480	)	$	—	$	(10,921	)
Retirement Income Fund:
Class A Shares		238		20		(101	)		—		157			373		5		(123	)		—		255
Amount	$	2,239	$	187	$	(913	)	$	—	$	1,513		$	3,686	$	50	$	(1,213	)	$	—	$	2,523
Class B Shares		35		1		(10	)		—		26			2		1		—			—		3
Amount	$	314	$	13	$	(91	)	$	—	$	236		$	30	$	5	$	(2	)	$	—	$	33
Class C Shares		111		3		(19	)		—		95			13		1		(7	)		—		7
Amount	$	1,048	$	26	$	(176	)	$	—	$	898		$	140	$	5	$	(72	)	$	—	$	73
Class R3 Shares		8		—		(2	)		—		6			1		—		—			—		1
Amount	$	78	$	2	$	(22	)	$	—	$	58		$	10	$	—	$	—		$	—	$	10
Class R4 Shares		215		4		(34	)		—		185			2		—		—			—		2
Amount	$	2,024	$	35	$	(298	)	$	—	$	1,761		$	16	$	—	$	—		$	—	$	16
Class R5 Shares		116		2		(82	)		—		36			1		—		—			—		1
Amount	$	1,099	$	23	$	(645	)	$	—	$	477		$	10	$	—	$	—		$	—	$	10
Class Y Shares		—		1		(13	)		—		(12	)		—		—		—			—		—
Amount	$	—	$	7	$	(124	)	$	—	$	(117	)	$	—	$	4	$	—		$	—	$	4
Select MidCap Value Fund:
Class A Shares		673		369		(1,867	)		—		(825	)		1,595		158		(2,392	)		—		(639	)
Amount	$	6,335	$	3,806	$	(17,463	)	$	—	$	(7,322	)	$	20,561	$	1,909	$	(29,814	)	$	—	$	(7,344	)
Class B Shares		64		42		(139	)		—		(33	)		165		14		(155	)		—		24
Amount	$	589	$	424	$	(1,213	)	$	—	$	(200	)	$	2,109	$	167	$	(1,919	)	$	—	$	357
Class C Shares		82		80		(443	)		—		(281	)		281		25		(216	)		—		90
Amount	$	751	$	805	$	(4,124	)	$	—	$	(2,568	)	$	3,582	$	293	$	(2,669	)	$	—	$	1,206
Class Y Shares		431		573		(1,429	)		—		(425	)		4,200		42		(1,446	)		—		2,796
Amount	$	4,412	$	5,922	$	(11,148	)	$	—	$	(814	)	$	52,162	$	503	$	(17,751	)	$	—	$	34,914
Select SmallCap Value Fund:
Class A Shares		293		127		(97	)		—		323			181		3		(12	)		—		172
Amount	$	2,539	$	1,316	$	(863	)	$	—	$	2,992		$	2,135	$	30	$	(144	)	$	—	$	2,021
Class B Shares		19		4		(8	)		—		15			27		—		(5	)		—		22
Amount	$	175	$	36	$	(77	)	$	—	$	134		$	310	$	1	$	(56	)	$	—	$	255
Class C Shares		67		5		(42	)		—		30			44		—		(6	)		—		38
Amount	$	610	$	49	$	(329	)	$	—	$	330		$	513	$	1	$	(66	)	$	—	$	448
Class Y Shares		1,452		663		(1,273	)		—		842			7,695		31		(138	)		—		7,588
Amount	$	14,128	$	6,870	$	(9,318	)	$	—	$	11,680		$	85,148	$	342	$	(1,610	)	$	—	$	83,880
Short Duration Fund:
Class A Shares		5,432		124		(4,017	)		—		1,539			2,489		104		(1,770	)		—		823
Amount	$	52,093	$	1,186	$	(38,374	)	$	—	$	14,905		$	24,579	$	1,030	$	(17,474	)	$	—	$	8,135
Class B Shares		328		15		(354	)		—		(11	)		246		20		(303	)		—		(37	)
Amount	$	3,124	$	145	$	(3,400	)	$	—	$	(131	)	$	2,435	$	200	$	(2,997	)	$	—	$	(362	)
Class C Shares		2,886		49		(2,304	)		—		631			2,035		43		(1,259	)		—		819
Amount	$	27,690	$	470	$	(22,048	)	$	—	$	6,112		$	20,088	$	425	$	(12,408	)	$	—	$	8,105
Class Y Shares		2,212		603		(5,607	)		—		(2,792	)		5,807		688		(2,332	)		—		4,163
Amount	$	21,156	$	5,768	$	(52,447	)	$	—	$	(25,523	)	$	57,368	$	6,779	$	(23,005	)	$	—	$	41,142

384


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued			Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from			(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger			of Shares

Small Company Fund:
Class A Shares		11,324		1,490		(4,107	)		—		8,707			5,299		808		(2,865	)		—			3,242
Amount	$	201,298	$	30,285	$	(72,540	)	$	—	$	159,043		$	118,201	$	16,243	$	(63,126	)	$	—		$	71,318
Class B Shares		203		317		(1,083	)		—		(563	)		275		251		(774	)		—			(248	)
Amount	$	3,295	$	5,795	$	(17,857	)	$	—	$	(8,767	)	$	5,581	$	4,640	$	(15,712	)	$	—		$	(5,491	)
Class C Shares		1,097		366		(787	)		—		676			724		223		(483	)		—			464
Amount	$	17,871	$	6,702	$	(12,454	)	$	—	$	12,119		$	14,764	$	4,116	$	(9,834	)	$	—		$	9,046
Class I Shares		1,008		20		(282	)		—		746			161		—		(6	)		—			155
Amount	$	17,944	$	406	$	(4,659	)	$	—	$	13,691		$	3,715	$	8	$	(139	)	$	—		$	3,584
Class R3 Shares		273		1		(66	)		—		208			7		—		—			—			7
Amount	$	5,284	$	20	$	(1,217	)	$	—	$	4,087		$	176	$	—	$	(9	)	$	—		$	167
Class R4 Shares		1,119		47		(234	)		—		932			393		—		(14	)		—			379
Amount	$	21,464	$	1,013	$	(4,412	)	$	—	$	18,065		$	9,299	$	—	$	(336	)	$	—		$	8,963
Class R5 Shares		595		3		(87	)		—		511			23		—		—			—			23
Amount	$	11,698	$	57	$	(1,624	)	$	—	$	10,131		$	584	$	—	$	—		$	—		$	584
Class Y Shares		4,810		901		(1,388	)		—		4,323			4,071		395		(1,786	)		—			2,680
Amount	$	93,771	$	19,626	$	(23,657	)	$	—	$	89,740		$	93,512	$	8,399	$	(40,994	)	$	—		$	60,917
SmallCap Growth Fund:
Class A Shares		899		556		(2,047	)		—		(592	)		2,612		—		(5,087	)		—			(2,475	)
Amount	$	22,336	$	15,454	$	(51,413	)	$	—	$	(13,623	)	$	85,441	$	—	$	(165,947	)	$	—		$	(80,506	)
Class B Shares		59		74		(177	)		—		(44	)		52		—		(151	)		—			(99	)
Amount	$	1,314	$	1,809	$	(3,913	)	$	—	$	(790	)	$	1,528	$	—	$	(4,446	)	$	—		$	(2,918	)
Class C Shares		106		98		(348	)		—		(144	)		206		—		(266	)		—			(60	)
Amount	$	2,375	$	2,399	$	(7,761	)	$	—	$	(2,987	)	$	6,009	$	—	$	(7,807	)	$	—		$	(1,798	)
Class H Shares		—		—		—			—		—			7		—		(41	)		(448	)		(482	)
Amount	$	—	$	—	$	—		$	—	$	—		$	203	$	—	$	(1,174	)	$	(24,087	)	$	(25,058	)
Class I Shares		105		14		(86	)		—		33			156		—		(27	)		—			129
Amount	$	2,604	$	407	$	(2,216	)	$	—	$	795		$	5,194	$	—	$	(894	)	$	—		$	4,300
Class L Shares		123		480		(676	)		—		(73	)		128		—		(827	)		1,010			311
Amount	$	3,116	$	13,446	$	(17,155	)	$	—	$	(593	)	$	4,237	$	—	$	(27,454	)	$	59,181		$	35,964
Class M Shares		—		—		—			—		—			8		—		(36	)		(485	)		(513	)
Amount	$	—	$	—	$	—		$	—	$	—		$	245	$	—	$	(1,028	)	$	(25,120	)	$	(25,903	)
Class N Shares		—		—		—			—		—			4		—		(18	)		(193	)		(207	)
Amount	$	—	$	—	$	—		$	—	$	—		$	108	$	—	$	(513	)	$	(9,974	)	$	(10,379	)
Class R3 Shares		—		—		—			—		—			—		—		—			—			—
Amount	$	3	$	1	$	—		$	—	$	4		$	10	$	—	$	—		$	—		$	10
Class R4 Shares		77		1		(18	)		—		60			9		—		—			—			9
Amount	$	1,985	$	30	$	(473	)	$	—	$	1,542		$	314	$	—	$	(12	)	$	—		$	302
Class R5 Shares		2		—		—			—		2			—		—		—			—			—
Amount	$	65	$	1	$	(11	)	$	—	$	55		$	10	$	—	$	—		$	—		$	10
Class Y Shares		484		161		(402	)		—		243			1,060		—		(3,085	)		—			(2,025	)
Amount	$	12,562	$	4,585	$	(10,638	)	$	—	$	6,509		$	35,926	$	—	$	(98,932	)	$	—		$	(63,006	)
Stock Fund:
Class A Shares		2,665		31		(7,525	)		—		(4,829	)		3,048		138		(8,521	)		—			(5,335	)
Amount	$	54,575	$	705	$	(150,815	)	$	—	$	(95,535	)	$	69,797	$	3,020	$	(194,695	)	$	—		$	(121,878	)
Class B Shares		158		—		(3,108	)		—		(2,950	)		253		—		(4,166	)		—			(3,913	)
Amount	$	2,991	$	—	$	(58,785	)	$	—	$	(55,794	)	$	5,345	$	—	$	(88,701	)	$	—		$	(83,356	)
Class C Shares		195		—		(1,503	)		—		(1,308	)		185		—		(1,836	)		—			(1,651	)
Amount	$	3,508	$	—	$	(27,967	)	$	—	$	(24,459	)	$	3,912	$	—	$	(39,151	)	$	—		$	(35,239	)
Class I Shares		5		—		—			—		5			—		—		—			—			—
Amount	$	100	$	—	$	—		$	—	$	100		$	—	$	—	$	—		$	—		$	—
Class R3 Shares		—		—		(1	)		—		(1	)		2		—		—			—			2
Amount	$	11	$	—	$	(15	)	$	—	$	(4	)	$	41	$	—	$	(1	)	$	—		$	40
Class R4 Shares		—		—		—			—		—			2		—		—			—			2
Amount	$	10	$	—	$	—		$	—	$	10		$	40	$	—	$	—		$	—		$	40
Class R5 Shares		—		—		—			—		—			—		—		—			—			—
Amount	$	—	$	—	$	—		$	—	$	—		$	10	$	—	$	—		$	—		$	10
Class Y Shares		903		20		(358	)		—		565			536		45		(3,706	)		—			(3,125	)
Amount	$	19,420	$	469	$	(6,059	)	$	—	$	13,830		$	12,633	$	1,030	$	(90,965	)	$	—		$	(77,302	)

385

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008											For the Year Ended October 31, 2007
			Shares					Shares						Shares					Shares
			Issued for					Issued		Net Increase				Issued for					Issued		Net Increase
	Shares		Reinvested		Shares			from		(Decrease)		Shares		Reinvested		Shares			from		(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares		Sold		Dividends		Redeemed			Merger		of Shares

Strategic Income Fund:
Class A Shares		12,059		415		(6,100	)		—		6,374		5,219		75		(888	)		—		4,406
Amount	$	111,930	$	3,769	$	(54,644	)	$	—	$	61,055	$	51,016	$	730	$	(8,594	)	$	—	$	43,152
Class B Shares		816		24		(253	)		—		587		271		3		(3	)		—		271
Amount	$	7,570	$	214	$	(2,287	)	$	—	$	5,497	$	2,640	$	28	$	(27	)	$	—	$	2,641
Class C Shares		9,710		244		(2,509	)		—		7,445		1,767		12		(9	)		—		1,770
Amount	$	90,974	$	2,188	$	(22,221	)	$	—	$	70,941	$	17,167	$	114	$	(84	)	$	—	$	17,197
Class I Shares		4,628		156		(2,605	)		—		2,179		1,208		10		(70	)		—		1,148
Amount	$	43,202	$	1,415	$	(23,234	)	$	—	$	21,383	$	11,761	$	93	$	(679	)	$	—	$	11,175
Class Y Shares		3,946		218		(256	)		—		3,908		1,086		4		—			—		1,090
Amount	$	34,952	$	1,964	$	(2,194	)	$	—	$	34,722	$	10,596	$	40	$	—		$	—	$	10,636
Target Retirement 2010 Fund:
Class A Shares		544		50		(401	)		—		193		725		12		(197	)		—		540
Amount	$	5,204	$	496	$	(3,592	)	$	—	$	2,108	$	7,276	$	124	$	(2,012	)	$	—	$	5,388
Class B Shares		24		3		(21	)		—		6		27		1		(1	)		—		27
Amount	$	235	$	31	$	(171	)	$	—	$	95	$	265	$	8	$	(10	)	$	—	$	263
Class C Shares		47		3		(38	)		—		12		22		1		(2	)		—		21
Amount	$	420	$	32	$	(370	)	$	—	$	82	$	220	$	11	$	(23	)	$	—	$	208
Class R3 Shares		—		—		—			—		—		1		—		—			—		1
Amount	$	—	$	1	$	—		$	—	$	1	$	10	$	—	$	—		$	—	$	10
Class R4 Shares		780		11		(165	)		—		626		42		—		(1	)		—		41
Amount	$	7,414	$	98	$	(1,439	)	$	—	$	6,073	$	443	$	—	$	(9	)	$	—	$	434
Class R5 Shares		232		2		(79	)		—		155		1		—		—			—		1
Amount	$	2,189	$	23	$	(586	)	$	—	$	1,626	$	10	$	—	$	—		$	—	$	10
Class Y Shares		—		1		—			—		1		—		—		—			—		—
Amount	$	—	$	10	$	—		$	—	$	10	$	—	$	4	$	—		$	—	$	4
Target Retirement 2020 Fund:
Class A Shares		689		78		(499	)		—		268		1,430		16		(134	)		—		1,312
Amount	$	7,073	$	834	$	(4,995	)	$	—	$	2,912	$	15,731	$	174	$	(1,495	)	$	—	$	14,410
Class B Shares		50		3		(34	)		—		19		48		1		(16	)		—		33
Amount	$	511	$	29	$	(331	)	$	—	$	209	$	538	$	6	$	(177	)	$	—	$	367
Class C Shares		73		2		(20	)		—		55		35		1		(12	)		—		24
Amount	$	708	$	26	$	(173	)	$	—	$	561	$	382	$	8	$	(141	)	$	—	$	249
Class R3 Shares		8		—		—			—		8		1		—		—			—		1
Amount	$	72	$	1	$	—		$	—	$	73	$	10	$	—	$	—		$	—	$	10
Class R4 Shares		1,212		14		(226	)		—		1,000		97		—		—			—		97
Amount	$	12,434	$	137	$	(2,312	)	$	—	$	10,259	$	1,093	$	2	$	—		$	—	$	1,095
Class R5 Shares		964		8		(158	)		—		814		1		—		—			—		1
Amount	$	10,004	$	76	$	(1,465	)	$	—	$	8,615	$	10	$	—	$	—		$	—	$	10
Class Y Shares		—		—		—			—		—		—		—		—			—		—
Amount	$	—	$	1	$	—		$	—	$	1	$	—	$	—	$	—		$	—	$	—
Target Retirement 2030 Fund:
Class A Shares		722		67		(321	)		—		468		1,347		4		(151	)		—		1,200
Amount	$	6,668	$	677	$	(2,903	)	$	—	$	4,442	$	13,453	$	41	$	(1,524	)	$	—	$	11,970
Class B Shares		52		2		(13	)		—		41		29		—		(14	)		—		15
Amount	$	482	$	22	$	(112	)	$	—	$	392	$	288	$	3	$	(131	)	$	—	$	160
Class C Shares		94		2		(21	)		—		75		37		—		(9	)		—		28
Amount	$	883	$	19	$	(175	)	$	—	$	727	$	366	$	2	$	(88	)	$	—	$	280
Class R3 Shares		158		—		(1	)		—		157		1		—		—			—		1
Amount	$	1,297	$	—	$	(12	)	$	—	$	1,285	$	10	$	—	$	—		$	—	$	10
Class R4 Shares		1,267		4		(212	)		—		1,059		59		—		—			—		59
Amount	$	11,848	$	41	$	(1,966	)	$	—	$	9,923	$	618	$	—	$	—		$	—	$	618
Class R5 Shares		401		—		(30	)		—		371		1		—		—			—		1
Amount	$	3,674	$	1	$	(264	)	$	—	$	3,411	$	10	$	—	$	—		$	—	$	10
Class Y Shares		—		1		—			—		1		—		—		—			—		—
Amount	$	—	$	2	$	—		$	—	$	2	$	—	$	—	$	—		$	—	$	—

386


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued			Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from			(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger			of Shares

Tax-Free California Fund:
Class A Shares		2,757		127		(2,849	)		—		35			1,881		96		(622	)		—			1,355
Amount	$	25,926	$	1,192	$	(26,364	)	$	—	$	754		$	19,586	$	992	$	(6,466	)	$	—		$	14,112
Class B Shares		38		5		(69	)		—		(26	)		50		4		(13	)		—			41
Amount	$	357	$	46	$	(656	)	$	—	$	(253	)	$	530	$	40	$	(138	)	$	—		$	432
Class C Shares		443		14		(262	)		—		195			338		9		(166	)		—			181
Amount	$	4,219	$	133	$	(2,504	)	$	—	$	1,848		$	3,532	$	89	$	(1,725	)	$	—		$	1,896
Tax-Free Minnesota Fund:
Class A Shares		292		39		(457	)		—		(126	)		459		36		(159	)		—			336
Amount	$	2,805	$	376	$	(4,378	)	$	—	$	(1,197	)	$	4,663	$	360	$	(1,604	)	$	—		$	3,419
Class B Shares		13		2		(2	)		—		13			5		2		(9	)		—			(2	)
Amount	$	126	$	20	$	(25	)	$	—	$	121		$	60	$	21	$	(95	)	$	—		$	(14	)
Class C Shares		98		3		(12	)		—		89			56		2		(42	)		—			16
Amount	$	945	$	28	$	(116	)	$	—	$	857		$	578	$	17	$	(415	)	$	—		$	180
Class E Shares		—		—		—			—		—			10		29		(58	)		(2,273	)		(2,292	)
Amount	$	—	$	—	$	—		$	—	$	—		$	106	$	302	$	(598	)	$	(21,805	)	$	(21,995	)
Class H Shares		—		—		—			—		—			—		—		—			(11	)		(11	)
Amount	$	—	$	—	$	—		$	—	$	—		$	—	$	2	$	(1	)	$	(126	)	$	(125	)
Class L Shares		4		11		(46	)		—		(31	)		58		11		(67	)		37			39
Amount	$	42	$	101	$	(447	)	$	—	$	(304	)	$	579	$	114	$	(672	)	$	384		$	405
Class M Shares		—		—		—			—		—			—		—		—			(12	)		(12	)
Amount	$	—	$	—	$	—		$	—	$	—		$	—	$	2	$	—		$	(108	)	$	(106	)
Class N Shares		—		—		—			—		—			—		—		(5	)		(14	)		(19	)
Amount	$	—	$	—	$	—		$	—	$	—		$	2	$	2	$	(49	)	$	(150	)	$	(195	)
Class Y Shares		6		75		(209	)		—		(128	)		17		53		(148	)		2,286			2,208
Amount	$	58	$	714	$	(2,041	)	$	—	$	(1,269	)	$	167	$	533	$	(1,487	)	$	21,805		$	21,018
Tax-Free National Fund:
Class A Shares		8,255		448		(6,223	)		—		2,480			6,660		282		(2,669	)		—			4,273
Amount	$	85,062	$	4,507	$	(61,536	)	$	—	$	28,033		$	73,982	$	3,130	$	(29,338	)	$	—		$	47,774
Class B Shares		161		21		(208	)		—		(26	)		194		19		(179	)		—			34
Amount	$	1,637	$	207	$	(2,085	)	$	—	$	(241	)	$	2,161	$	213	$	(1,963	)	$	—		$	411
Class C Shares		1,781		78		(778	)		—		1,081			1,312		44		(423	)		—			933
Amount	$	18,098	$	777	$	(7,841	)	$	—	$	11,034		$	14,604	$	489	$	(4,655	)	$	—		$	10,438
Class E Shares		—		—		—			—		—			11		24		(73	)		(2,519	)		(2,557	)
Amount	$	—	$	—	$	—		$	—	$	—		$	122	$	272	$	(824	)	$	(23,218	)	$	(23,648	)
Class H Shares		—		—		—			—		—			4		—		(6	)		(15	)		(17	)
Amount	$	—	$	—	$	—		$	—	$	—		$	51	$	1	$	(76	)	$	(150	)	$	(174	)
Class I Shares		337		17		(134	)		—		220			324		2		(4	)		—			322
Amount	$	3,285	$	174	$	(1,326	)	$	—	$	2,133		$	3,521	$	17	$	(39	)	$	—		$	3,499
Class L Shares		7		26		(136	)		—		(103	)		37		24		(92	)		131			100
Amount	$	71	$	265	$	(1,394	)	$	—	$	(1,058	)	$	422	$	271	$	(1,024	)	$	1,415		$	1,084
Class M Shares		—		—		—			—		—			—		1		(30	)		(82	)		(111	)
Amount	$	—	$	—	$	—		$	—	$	—		$	1	$	8	$	(337	)	$	(888	)	$	(1,216	)
Class N Shares		—		—		—			—		—			1		—		—			(34	)		(33	)
Amount	$	—	$	—	$	—		$	—	$	—		$	—	$	4	$	—		$	(377	)	$	(373	)
Class Y Shares		18		78		(408	)		—		(312	)		28		53		(183	)		2,521			2,419
Amount	$	179	$	788	$	(4,206	)	$	—	$	(3,239	)	$	307	$	579	$	(2,016	)	$	23,218		$	22,088

387

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued			Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from			(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger			of Shares

Tax-Free New York Fund:
Class A Shares		160		51		(62	)		—		149			87		47		(84	)		—			50
Amount	$	1,588	$	489	$	(598	)	$	—	$	1,479		$	902	$	489	$	(855	)	$	—		$	536
Class B Shares		15		5		(16	)		—		4			13		6		(26	)		—			(7	)
Amount	$	143	$	52	$	(166	)	$	—	$	29		$	143	$	60	$	(260	)	$	—		$	(57	)
Class C Shares		53		8		(64	)		—		(3	)		56		8		(37	)		—			27
Amount	$	527	$	77	$	(609	)	$	—	$	(5	)	$	569	$	87	$	(375	)	$	—		$	281
Total Return Bond Fund:
Class A Shares		28,339		3,168		(18,011	)		—		13,496			23,983		2,209		(9,885	)		—			16,307
Amount	$	291,445	$	32,295	$	(182,989	)	$	—	$	140,751		$	253,038	$	23,262	$	(104,112	)	$	—		$	172,188
Class B Shares		2,186		328		(2,347	)		—		167			2,137		277		(2,085	)		—			329
Amount	$	22,334	$	3,336	$	(23,742	)	$	—	$	1,928		$	22,451	$	2,903	$	(21,873	)	$	—		$	3,481
Class C Shares		4,963		333		(3,873	)		—		1,423			2,749		246		(2,035	)		—			960
Amount	$	51,652	$	3,403	$	(39,453	)	$	—	$	15,602		$	29,032	$	2,593	$	(21,486	)	$	—		$	10,139
Class I Shares		955		23		(602	)		—		376			442		8		(164	)		—			286
Amount	$	9,815	$	232	$	(6,098	)	$	—	$	3,949		$	4,647	$	82	$	(1,722	)	$	—		$	3,007
Class R3 Shares		14		—		(1	)		—		13			1		—		—			—			1
Amount	$	144	$	2	$	(13	)	$	—	$	133		$	10	$	—	$	—		$	—		$	10
Class R4 Shares		1,141		44		(98	)		—		1,087			275		1		(1	)		—			275
Amount	$	11,951	$	450	$	(1,005	)	$	—	$	11,396		$	2,916	$	12	$	(11	)	$	—		$	2,917
Class R5 Shares		25		1		(10	)		—		16			13		—		—			—			13
Amount	$	261	$	13	$	(105	)	$	—	$	169		$	139	$	1	$	—		$	—		$	140
Class Y Shares		36,445		2,763		(12,911	)		—		26,297			14,592		1,552		(8,988	)		—			7,156
Amount	$	380,100	$	28,346	$	(125,021	)	$	—	$	283,425		$	155,108	$	16,519	$	(95,635	)	$	—		$	75,992
U.S. Government Securities Fund:
Class A Shares		9,734		299		(4,562	)		—		5,471			2,814		218		(1,998	)		—			1,034
Amount	$	87,636	$	2,693	$	(41,083	)	$	—	$	49,246		$	25,715	$	1,994	$	(18,310	)	$	—		$	9,399
Class B Shares		1,225		56		(626	)		—		655			239		59		(616	)		—			(318	)
Amount	$	10,962	$	505	$	(5,617	)	$	—	$	5,850		$	2,168	$	533	$	(5,602	)	$	—		$	(2,901	)
Class C Shares		5,120		65		(2,018	)		—		3,167			941		35		(426	)		—			550
Amount	$	45,965	$	583	$	(18,095	)	$	—	$	28,453		$	8,503	$	322	$	(3,878	)	$	—		$	4,947
Class E Shares		—		—		—			—		—			80		89		(468	)		(9,418	)		(9,717	)
Amount	$	—	$	—	$	—		$	—	$	—		$	732	$	814	$	(4,297	)	$	(114,541	)	$	(117,292	)
Class H Shares		—		—		—			—		—			1		2		(23	)		(189	)		(209	)
Amount	$	—	$	—	$	—		$	—	$	—		$	6	$	16	$	(214	)	$	(125	)	$	(317	)
Class L Shares		48		127		(531	)		—		(356	)		78		141		(521	)		469			167
Amount	$	430	$	1,151	$	(4,842	)	$	—	$	(3,261	)	$	718	$	1,284	$	(4,762	)	$	1,569		$	(1,191	)
Class M Shares		—		—		—			—		—			5		2		(28	)		(208	)		(229	)
Amount	$	—	$	—	$	—		$	—	$	—		$	51	$	17	$	(260	)	$	(971	)	$	(1,163	)
Class N Shares		—		—		—			—		—			—		1		(2	)		(74	)		(75	)
Amount	$	—	$	—	$	—		$	—	$	—		$	6	$	6	$	(17	)	$	(473	)	$	(478	)
Class Y Shares		109		313		(1,245	)		—		(823	)		69		254		(1,033	)		9,390			8,680
Amount	$	984	$	2,838	$	(11,268	)	$	—	$	(7,446	)	$	636	$	2,314	$	(9,414	)	$	114,541		$	108,077

388


	For the Year Ended October 31, 2008												For the Year Ended October 31, 2007
			Shares					Shares							Shares					Shares
			Issued for					Issued		Net Increase					Issued for					Issued			Net Increase
	Shares		Reinvested		Shares			from		(Decrease)			Shares		Reinvested		Shares			from			(Decrease)
	Sold		Dividends		Redeemed			Merger		of Shares			Sold		Dividends		Redeemed			Merger			of Shares

Value Fund:
Class A Shares		1,461		353		(1,764	)		—		50			1,265		396		(1,515	)		—			146
Amount	$	16,895	$	4,549	$	(19,967	)	$	—	$	1,477		$	16,816	$	4,789	$	(20,032	)	$	—		$	1,573
Class B Shares		161		45		(322	)		—		(116	)		126		60		(185	)		—			1
Amount	$	1,825	$	568	$	(3,574	)	$	—	$	(1,181	)	$	1,595	$	718	$	(2,400	)	$	—		$	(87	)
Class C Shares		243		46		(234	)		—		55			168		64		(256	)		—			(24	)
Amount	$	2,762	$	586	$	(2,620	)	$	—	$	728		$	2,133	$	761	$	(3,266	)	$	—		$	(372	)
Class I Shares		74		—		(11	)		—		63			3		—		—			—			3
Amount	$	805	$	3	$	(130	)	$	—	$	678		$	45	$	—	$	—		$	—		$	45
Class R3 Shares		13		1		—			—		14			1		—		—			—			1
Amount	$	122	$	1	$	—		$	—	$	123		$	10	$	—	$	—		$	—		$	10
Class R4 Shares		20		—		(2	)		—		18			1		—		—			—			1
Amount	$	222	$	—	$	(17	)	$	—	$	205		$	10	$	—	$	—		$	—		$	10
Class R5 Shares		—		—		—			—		—			1		—		—			—			1
Amount	$	—	$	1	$	—		$	—	$	1		$	10	$	—	$	—		$	—		$	10
Class Y Shares		4,179		1,356		(3,282	)		—		2,253			15,203		884		(251	)		—			15,836
Amount	$	48,573	$	17,400	$	(29,378	)	$	—	$	36,595		$	190,615	$	10,742	$	(3,221	)	$	—		$	198,136
Value Opportunities Fund:
Class A Shares		1,660		1,489		(4,544	)		—		(1,395	)		3,258		585		(1,296	)		—			2,547
Amount	$	20,953	$	21,647	$	(54,537	)	$	—	$	(11,937	)	$	59,828	$	9,978	$	(23,739	)	$	—		$	46,067
Class B Shares		115		230		(560	)		—		(215	)		334		103		(276	)		—			161
Amount	$	1,235	$	3,029	$	(6,109	)	$	—	$	(1,845	)	$	5,628	$	1,607	$	(4,641	)	$	—		$	2,594
Class C Shares		289		332		(1,066	)		—		(445	)		807		124		(300	)		—			631
Amount	$	3,350	$	4,356	$	(11,518	)	$	—	$	(3,812	)	$	13,535	$	1,941	$	(5,018	)	$	—		$	10,458
Class H Shares		—		—		—			—		—			2		21		(16	)		(221	)		(214	)
Amount	$	—	$	—	$	—		$	—	$	—		$	44	$	322	$	(269	)	$	(2,519	)	$	(2,422	)
Class I Shares		162		47		(326	)		—		(117	)		286		—		(30	)		—			256
Amount	$	1,876	$	678	$	(3,886	)	$	—	$	(1,332	)	$	5,366	$	4	$	(536	)	$	—		$	4,834
Class L Shares		102		421		(528	)		—		(5	)		105		173		(444	)		717			551
Amount	$	1,242	$	6,147	$	(6,492	)	$	—	$	897		$	1,926	$	2,949	$	(8,186	)	$	9,953		$	6,642
Class M Shares		—		—		—			—		—			6		40		(34	)		(425	)		(413	)
Amount	$	—	$	—	$	—		$	—	$	—		$	97	$	621	$	(550	)	$	(5,620	)	$	(5,452	)
Class N Shares		—		—		—			—		—			1		12		(7	)		(129	)		(123	)
Amount	$	—	$	—	$	—		$	—	$	—		$	12	$	189	$	(110	)	$	(1,814	)	$	(1,723	)
Class R3 Shares		102		1		(31	)		—		72			7		—		—			—			7
Amount	$	1,284	$	14	$	(382	)	$	—	$	916		$	125	$	—	$	—		$	—		$	125
Class R4 Shares		215		9		(39	)		—		185			40		—		(1	)		—			39
Amount	$	2,754	$	129	$	(442	)	$	—	$	2,441		$	748	$	—	$	(20	)	$	—		$	728
Class R5 Shares		—		—		—			—		—			1		—		—			—			1
Amount	$	—	$	1	$	—		$	—	$	1		$	10	$	—	$	—		$	—		$	10
Class Y Shares		818		262		(309	)		—		771			1,422		248		(5,816	)		—			(4,146	)
Amount	$	10,413	$	3,921	$	(3,036	)	$	—	$	11,298		$	26,945	$	4,266	$	(103,724	)	$	—		$	(72,513	)

The following table reflects the conversion of Class B Shares into Class A Shares (reflected as Class A Shares issued and Class B shares redeemed within the previous table) and Classes H and M Shares into Class L Shares prior to the merger of Class H and Class M shares into Class L shares on February 9, 2007 (reflected as Class L shares issued and Classes H and M shares redeemed within the previous table) for the periods ended October 31, 2008 and October 31, 2007:


	For the				For the
	Year Ended				Year Ended
	October 31, 2008				October 31, 2007
Fund	Shares		Dollars		Shares		Dollars

Advisers Fund — Class B to Class A		2,044	$	30,041		3,163	$	55,920
Balanced Allocation Fund — Class B to Class A		182		2,060		147		1,805
Balanced Income Fund — Class B to Class A		3		33		—		—
Capital Appreciation Fund — Class B to Class A		3,051		111,717		1,894		76,650
Capital Appreciation II Fund — Class B to Class A		83		1,097		49		736
Checks and Balances Fund — Class B to Class A		51		465		9		90
Conservative Allocation Fund — Class B to Class A		32		328		22		247

389

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)


	For the				For the
	Year Ended				Year Ended
	October 31, 2008				October 31, 2007
Fund	Shares		Dollars		Shares		Dollars

Disciplined Equity Fund — Class B to Class A		229	$	3,024		179	$	2,551
Dividend and Growth Fund — Class B to Class A		654		12,822		674		14,747
Equity Growth Allocation Fund — Class B to Class A		32		385		16		232
Equity Income Fund — Class B to Class A		61		794		67		976
Floating Rate Fund — Class B to Class A		65		561		65		654
Fundamental Growth Fund — Class B to Class A		5		58		7		89
Global Communications Fund — Class B to Class A		6		53		13		118
Global Financial Services Fund — Class B to Class A		12		116		8		110
Global Growth Fund — Class B to Class A		649		11,746		241		5,041
Global Health Fund — Class B to Class A		324		5,117		49		893
Global Technology Fund — Class B to Class A		229		1,331		32		206
Growth Allocation Fund — Class B to Class A		110		1,271		95		1,276
Growth Fund — Class B to Class A		39		663		37		676
Growth Fund — Class H to Class L		—		—		38		676
Growth Fund — Class M to Class L		—		—		29		526
Growth Opportunities Fund — Class B to Class A		35		993		30		936
Growth Opportunities Fund — Class H to Class L		—		—		49		1,424
Growth Opportunities Fund — Class M to Class L		—		—		21		614
High Yield Fund — Class B to Class A		246		1,796		237		1,903
Income Allocation Fund — Class B to Class A		6		61		11		106
Income Fund — Class B to Class A		35		336		26		269
Inflation Plus Fund — Class B to Class A		56		621		36		373
International Growth Fund — Class B to Class A		81		997		87		1,369
International Opportunities Fund — Class B to Class A		327		5,270		135		2,461
International Small Company Fund — Class B to Class A		31		393		31		499
LargeCap Growth Fund — Class B to Class A		—		4		—		2
MidCap Fund — Class B to Class A		2,209		43,482		923		23,153
MidCap Growth Fund — Class B to Class A		11		100		10		118
MidCap Value Fund — Class B to Class A		108		1,071		86		1,236
Money Market Fund — Class B to Class A		3,962		3,962		2,423		2,423
Retirement Income Fund — Class B to Class A		1		5		—		—
Select MidCap Value Fund — Class B to Class A		3		25		6		72
Select SmallCap Value Fund — Class B to Class A		1		9		1		7
Short Duration Fund — Class B to Class A		49		471		39		389
Small Company Fund — Class B to Class A		456		8,432		206		4,633
SmallCap Growth Fund — Class B to Class A		10		265		11		380
SmallCap Growth Fund — Class H to Class L		—		—		11		346
SmallCap Growth Fund — Class M to Class L		—		—		7		227
Stock Fund — Class B to Class A		1,152		23,840		1,464		33,670
Strategic Income Fund — Class B to Class A		5		45		—		—
Target Retirement 2010 Fund — Class B to Class A		—		5		—		1
Target Retirement 2020 Fund — Class B to Class A		2		20		2		26
Tax-Free California Fund — Class B to Class A		6		60		—		—
Tax-Free Minnesota Fund — Class B to Class A		—		2		—		—
Tax-Free National Fund — Class B to Class A		8		86		14		155
Tax-Free National Fund — Class H to Class L		—		—		4		46
Tax-Free National Fund — Class M to Class L		—		—		30		337
Total Return Bond Fund — Class B to Class A		283		2,922		293		3,090
U.S. Government Securities Fund — Class B to Class A		103		927		89		813
U.S. Government Securities Fund — Class H to Class L		—		—		6		57
U.S. Government Securities Fund — Class M to Class L		—		—		14		126
Value Fund — Class B to Class A		31		366		14		179
Value Opportunities Fund — Class B to Class A		49		598		42		765
Value Opportunities Fund — Class H to Class L		—		—		9		166
Value Opportunities Fund — Class M to Class A		—		—		18		319

390


9.	Line of Credit:

The Funds, except for Money Market Fund, participate in a $1 billion committed 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. During the year ended October 31, 2008, the Funds did not have any borrowings under this facility.


10.	Participation in the U.S. Department of Treasury Guarantee Program for Money Market Funds:

The Board of Directors (“Board”) of The Hartford Mutual Funds, Inc. has approved the participation of the Money Market Fund in the U.S. Treasury Department’s Temporary Guarantee Program (the “Program”) for money market funds.

Subject to certain conditions and limitations, the Program provides that investors in the Fund will receive $1.00 for each Fund share held as of the close of business on September 19, 2008 in the event that the Fund closes at a NAV below $1.00 per share (a “guarantee event”). The Program only covers the amount an investor held in the Fund as of the close of business on September 19, 2008 or the amount an investor holds if and when a guarantee event occurs, whichever is less. Participation in the Program is expected to provide direct benefits to current shareholders that were shareholders as of September 19, 2008 and indirect benefits to all current shareholders by supporting the stability of the Fund’s asset level.

Accordingly, any purchase of shares of the Fund for a new account after the close of business on September 19, 2008 and any increase in the number of shares of the Fund held in an account after the close of business on September 19, 2008 will not be covered by the Program. In the event that shares held as of the close of business on September 19, 2008 are sold prior to the date of a guarantee event, the shares covered by the guarantee will be the lesser of (i) the amounts held in the Fund as of the close of business on September 19, 2008 or (ii) the amounts held in the Fund on the date of a guarantee event.

The cost to participate in the Program will be borne by the Fund without regard to any fee waiver and/or any expense limitation or reimbursement currently in effect for the Fund and is, therefore, borne by all shareholders of the Fund whether or not their shares are covered by the Program. Currently, assets available to the Program to support all participating money market funds do not exceed $50 billion, and the Secretary of the Treasury may extend the Program up through the close of business on September 18, 2009.

On November 24, 2008, the U.S. Treasury Department extended the Program until April 30, 2009. The Program still continues to cover only the amount an investor held in the Fund as of the close of business on September 19, 2008 or the amount an investor holds if and when a guarantee event occurs, whichever is less. The Board has approved the continued participation of the Fund in the Program. The cost to participate in the Program will continue to be borne by the Fund.


11.	Money Market Fund Support Agreement:

On September 26, 2008, the Money Market Fund (“Fund”) entered into a Capital Support Agreement (“CSA”) with Hartford Life, Inc. (“Hartford Life”). Under the terms of the CSA, Hartford Life provides support in a maximum aggregate amount of $6.4 million for the Fund’s holdings of certain specified securities (“Notes”). The Notes held in the Fund on October 31, 2008 are noted on the Schedule of Investments.

Under the terms of the CSA, the Fund would be paid a capital contribution if (i) a loss is realized from a sale of a Note (collectively, with any securities received in exchange therefore, or as replacement thereof that do not qualify as “Eligible Securities” under Rule 2a-7(a)(10), referred to as “Eligible Notes”); (ii) a loss results upon final payment on an Eligible Note; (iii) a court orders a discharge of an Eligible Note issuer from liability that provides for payments that will result in a loss; or (iv) a loss occurs in connection with an exchange of an Eligible Note for or replacement of an Eligible Note with an Eligible Security as defined in Rule 2a-7(a)(10). The amount of Hartford Life’s capital contribution to the Fund under the CSA is the amount sufficient for the Fund to maintain its NAV at no less than $0.9950.

The CSA terminates no later than September 26, 2009 but it may terminate sooner if either Hartford Life has contributed the maximum aggregate amount or the Notes have been repaid in full.

During the period ended October 31, 2008, the Fund did not receive a capital contribution under the terms of the CSA.


12.	Fund Merger:

On November 7, 2007, the Board of Directors (the “Board”) of The Hartford Mutual Funds, Inc. (the “Company”) approved an Agreement and Plan of Reorganization that provided for the reorganization of a series of the Company, The Hartford MidCap Growth Fund into The Hartford Select MidCap Growth Fund. The Reorganization did not require shareholder approval and was approved by the Board in order to eliminate the Company’s redundant product offerings. The reorganization took place on February 22, 2008, at which time The Hartford MidCap Growth Fund was merged into The Hartford Select MidCap Growth Fund. The Hartford Select MidCap Growth Fund was renamed The Hartford MidCap Growth Fund.

The merger was accomplished by a tax free exchange as detailed below:


The Hartford Select MidCap Growth Fund*	Class A		Class B		Class C		Class Y		Total

Net assets of The Hartford MidCap Growth Fund on February 22, 2008	$	13,927	$	592	$	1,147	$	118	$	15,784
The Hartford MidCap Growth Fund shares exchanged		1,410		61		118		12		1,601
The Hartford Select MidCap Growth Fund Shares exchanged		1,423		62		120		12		1,617
Net assets of The Hartford Select MidCap Growth Fund immediately before the merger	$	19,460	$	3,779	$	3,996	$	102	$	27,337
Net assets of The Hartford Select MidCap Growth Fund immediately after the merger	$	33,387	$	4,371	$	5,143	$	220	$	43,121

391

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)

October 31, 2008

(000’s Omitted)

The Hartford MidCap Growth Fund had the following unrealized depreciation, accumulated net realized losses and capital stock as of February 22, 2008:


	Unrealized			Accumulated Net
Fund	Depreciation			Realized Losses			Capital Stock

The Hartford MidCap Growth Fund	$	(1,016	)	$	(28	)	$	16,828


	*	Following the merger, The Hartford Select MidCap Growth Fund was renamed The Hartford MidCap Growth Fund.


13.	Industry Classifications:

Other than the Industry Classification: “Other Investment Pools and Funds”, and “Exchange Traded Funds”, Equity Industry Classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor’s.


14.	Proposed Fund Mergers:

Reorganization of The Hartford Retirement Income Fund with and into The Hartford Conservative Allocation Fund: On August 6, 2008, the Board of Directors of The Hartford Mutual Funds, Inc. (“Company”) approved a Form of Agreement and Plan of Reorganization (“Reorganization Agreement”) that provides for the reorganization of a series of the Company, The Hartford Retirement Income Fund, into another series of the Company, The Hartford Conservative Allocation Fund (“Reorganization”). The Reorganization does not require shareholder approval.

The Reorganization is expected to occur on or about February 28, 2009 or on such later date as the officers of the Company determine (“Closing Date”). As of the close of business on the Closing Date, pursuant to the Reorganization Agreement, each holder of Class A, Class B, Class C, Class R3, Class R4 and Class R5 shares of The Hartford Retirement Income Fund will become the owner of the number of corresponding full and fractional shares of The Hartford Conservative Allocation Fund having an equal aggregate value.

Proposed Reorganization of The Hartford Tax-Free New York Fund and The Hartford Tax-Free Minnesota Fund with and into The Hartford Tax-Free National Fund: At a meeting held on August 6, 2008, the Boards of Directors of The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. approved on behalf of The Hartford Tax-Free New York Fund and The Hartford Tax-Free Minnesota Fund, respectively (each an “Acquired Fund” and collectively, the “Acquired Funds”), and the Board of Directors of The Hartford Mutual Funds II, Inc. approved on behalf of The Hartford Tax-Free National Fund (the “Acquiring Fund”), the reorganization of the Acquired Funds with and into the Acquiring Fund (the “Reorganizations”).

392

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights


	*— Selected Per-Share Data (a) —*																												*— Ratios and Supplemental Data —*
																																		*Ratio of*			*Ratio of*			*Ratio of*
																																		*Expenses*			*Expenses*			*Expenses*
																																		*to Average*			*to Average*			*to Average*
																																		*Net Assets*			*Net Assets*			*Net Assets*
							*Net*																											*Before*			*After*			*After*
							*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
							*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*				*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*		*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*		*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*		*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Advisers Fund
For the Year Ended October 31, 2008
Class A	$	18.52	$	0.26	$	—	$	(5.74	)	$	(5.48	)	$	(0.25	)	$	(1.99	)	$	—	$	(2.24	)	$	(7.72	)	$	10.80		(33.24	)%	$	593,816		1.18	%		1.18	%		1.18	%		1.75	%		79	%
Class B		18.34		0.15		—		(5.70	)		(5.55	)		(0.11	)		(1.99	)		—		(2.10	)		(7.65	)		10.69		(33.80	)		103,632		2.03			2.00			2.00			0.93			—
Class C		18.51		0.16		—		(5.73	)		(5.57	)		(0.15	)		(1.99	)		—		(2.14	)		(7.71	)		10.80		(33.68	)		106,819		1.87			1.87			1.87			1.06			—
Class R3		18.70		0.21		—		(5.78	)		(5.57	)		(0.22	)		(1.99	)		—		(2.21	)		(7.78	)		10.92		(33.39	)		9		1.57			1.43			1.43			1.49			—
Class R4		18.70		0.26		—		(5.78	)		(5.52	)		(0.27	)		(1.99	)		—		(2.26	)		(7.78	)		10.92		(33.16	)		113		1.11			1.11			1.11			1.80			—
Class R5		18.71		0.31		—		(5.79	)		(5.48	)		(0.31	)		(1.99	)		—		(2.30	)		(7.78	)		10.93		(32.96	)		7		0.79			0.79			0.79			2.13			—
Class Y		18.71		0.33		—		(5.80	)		(5.47	)		(0.32	)		(1.99	)		—		(2.31	)		(7.78	)		10.93		(32.91	)		11,347		0.70			0.70			0.70			2.22			—
For the Year Ended October 31, 2007
Class A		16.74		0.30		0.01		1.87			2.18			(0.31	)		(0.09	)		—		(0.40	)		1.78			18.52		13.23	(i)		1,088,361		1.15			1.10			1.10			1.67			84
Class B		16.57		0.16		0.02		1.84			2.02			(0.16	)		(0.09	)		—		(0.25	)		1.77			18.34		12.32	(i)		248,020		1.96			1.91			1.91			0.85			—
Class C		16.73		0.18		0.01		1.87			2.06			(0.19	)		(0.09	)		—		(0.28	)		1.78			18.51		12.44	(i)		206,799		1.83			1.78			1.78			0.98			—
Class Y		16.91		0.38		0.01		1.89			2.28			(0.39	)		(0.09	)		—		(0.48	)		1.80			18.71		13.73	(i)		19,948		0.69			0.64			0.64			2.13			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		17.24		0.21		—		1.44			1.65			(0.19	)		—			—		(0.19	)		1.46			18.70		9.62	(f)		11		1.45	(e)		1.40	(e)		1.40	(e)		1.38	(e)		—
Class R4		17.24		0.25		—		1.44			1.69			(0.23	)		—			—		(0.23	)		1.46			18.70		9.88	(f)		53		1.11	(e)		1.06	(e)		1.06	(e)		1.68	(e)		—
Class R5		17.24		0.31		—		1.43			1.74			(0.27	)		—			—		(0.27	)		1.47			18.71		10.17	(f)		11		0.85	(e)		0.80	(e)		0.80	(e)		1.98	(e)		—
For the Year Ended October 31, 2006
Class A		15.34		0.31		—		1.38			1.69			(0.29	)		—			—		(0.29	)		1.40			16.74		11.16			1,110,324		1.17			1.12			1.12			1.86			99
Class B		15.19		0.18		—		1.37			1.55			(0.17	)		—			—		(0.17	)		1.38			16.57		10.25			341,772		1.96			1.91			1.91			1.07			—
Class C		15.34		0.19		—		1.38			1.57			(0.18	)		—			—		(0.18	)		1.39			16.73		10.32			219,580		1.87			1.82			1.82			1.16			—
Class Y		15.50		0.38		—		1.40			1.78			(0.37	)		—			—		(0.37	)		1.41			16.91		11.63			17,710		0.71			0.66			0.66			2.32			—
For the Year Ended October 31, 2005 (h)
Class A		14.57		0.26		—		0.80			1.06			(0.29	)		—			—		(0.29	)		0.77			15.34		7.30			1,222,944		1.21			1.19			1.19			1.73			66
Class B		14.43		0.14		—		0.79			0.93			(0.17	)		—			—		(0.17	)		0.76			15.19		6.48			437,462		1.99			1.98			1.98			0.95			—
Class C		14.56		0.16		—		0.80			0.96			(0.18	)		—			—		(0.18	)		0.78			15.34		6.63			253,605		1.91			1.89			1.89			1.06			—
Class Y		14.72		0.33		—		0.81			1.14			(0.36	)		—			—		(0.36	)		0.78			15.50		7.78			15,342		0.75			0.74			0.74			2.13			—
For the Year Ended October 31, 2004 (h)
Class A		14.19		0.15		0.03		0.38			0.56			(0.18	)		—			—		(0.18	)		0.38			14.57		3.93	(i)		1,539,264		1.22			1.22			1.22			1.23			42
Class B		14.05		0.03		0.04		0.38			0.45			(0.07	)		—			—		(0.07	)		0.38			14.43		3.21	(i)		550,499		1.95			1.95			1.95			0.50			—
Class C		14.18		0.03		0.03		0.37			0.46			(0.08	)		—			—		(0.08	)		0.38			14.56		3.27	(i)		355,711		1.86			1.86			1.86			0.58			—
Class Y		14.37		0.25		—		0.36			0.61			(0.26	)		—			—		(0.26	)		0.35			14.72		4.22			13,587		0.74			0.74			0.74			1.71			—
The Hartford Balanced Allocation Fund (g)
For the Year Ended October 31, 2008
Class A		13.10		0.26		—		(3.83	)		(3.57	)		(0.47	)		(0.58	)		—		(1.05	)		(4.62	)		8.48		(29.35	)		439,955		0.53			0.53			0.53			2.23			18
Class B		13.06		0.16		—		(3.81	)		(3.65	)		(0.38	)		(0.58	)		—		(0.96	)		(4.61	)		8.45		(29.95	)		92,829		1.35			1.35			1.35			1.47			—
Class C		13.06		0.17		—		(3.81	)		(3.64	)		(0.39	)		(0.58	)		—		(0.97	)		(4.61	)		8.45		(29.91	)		160,167		1.29			1.29			1.29			1.49			—
Class I		13.09		0.33		—		(3.86	)		(3.53	)		(0.51	)		(0.58	)		—		(1.09	)		(4.62	)		8.47		(29.15	)		2,238		0.22			0.22			0.22			1.59			—
Class R3		13.08		0.26		—		(3.88	)		(3.62	)		(0.44	)		(0.58	)		—		(1.02	)		(4.64	)		8.44		(29.74	)		358		0.92			0.92			0.92			0.86			—
Class R4		13.10		0.38		—		(3.96	)		(3.58	)		(0.47	)		(0.58	)		—		(1.05	)		(4.63	)		8.47		(29.44	)		8,535		0.59			0.59			0.59			1.54			—
Class R5		13.10		0.41		—		(3.95	)		(3.54	)		(0.50	)		(0.58	)		—		(1.08	)		(4.62	)		8.48		(29.16	)		4,135		0.29			0.29			0.29			1.54			—
For the Year Ended October 31, 2007
Class A		12.01		0.27		—		1.45			1.72			(0.36	)		(0.27	)		—		(0.63	)		1.09			13.10		14.95			608,443		0.54			0.54			0.54			2.09			34
Class B		11.98		0.18		—		1.44			1.62			(0.27	)		(0.27	)		—		(0.54	)		1.08			13.06		14.03			135,541		1.36			1.33			1.33			1.34			—
Class C		11.98		0.18		—		1.44			1.62			(0.27	)		(0.27	)		—		(0.54	)		1.08			13.06		14.07			225,155		1.29			1.29			1.29			1.35			—
Class I		12.00		0.26		—		1.50			1.76			(0.40	)		(0.27	)		—		(0.67	)		1.09			13.09		15.35			927		0.22			0.22			0.22			1.88			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		11.89		0.08		—		1.25			1.33			(0.14	)		—			—		(0.14	)		1.19			13.08		11.29	(f)		115		0.93	(e)		0.93	(e)		0.93	(e)		0.94	(e)		—
Class R4		11.89		0.14		—		1.23			1.37			(0.16	)		—			—		(0.16	)		1.21			13.10		11.61	(f)		2,679		0.66	(e)		0.66	(e)		0.66	(e)		1.23	(e)		—
Class R5		11.89		0.14		—		1.25			1.39			(0.18	)		—			—		(0.18	)		1.21			13.10		11.79	(f)		725		0.36	(e)		0.36	(e)		0.36	(e)		1.54	(e)		—
For the Year Ended October 31, 2006
Class A		10.95		0.18		—		1.12			1.30			(0.22	)		(0.02	)		—		(0.24	)		1.06			12.01		11.98			453,492		0.62			0.62			0.62			1.52			15
Class B		10.92		0.10		—		1.11			1.21			(0.13	)		(0.02	)		—		(0.15	)		1.06			11.98		11.22			109,117		1.44			1.36			1.36			0.82			—
Class C		10.92		0.11		—		1.11			1.22			(0.14	)		(0.02	)		—		(0.16	)		1.06			11.98		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		11.66		0.05		—		0.34			0.39			(0.05	)		—			—		(0.05	)		0.34			12.00		3.35	(f)		353		0.39	(e)		0.39	(e)		0.39	(e)		1.47	(e)		—

393

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Balanced Allocation Fund (g) — (continued)
For the Year Ended October 31, 2005
Class A	$	10.30	$	0.13		$	—	$	0.64		$	0.77		$	(0.12	)	$	—		$	—	$	(0.12	)	$	0.65		$	10.95		7.47	%	$	262,878		0.66	%		0.60	%		0.60	%		1.26	%		2	%
Class B		10.28		0.06			—		0.62			0.68			(0.04	)		—			—		(0.04	)		0.64			10.92		6.66			72,619		1.47			1.31			1.31			0.55			—
Class C		10.28		0.06			—		0.62			0.68			(0.04	)		—			—		(0.04	)		0.64			10.92		6.66			103,248		1.41			1.31			1.31			0.56			—
From (commencement of operations) May 28, 2004, through October 31, 2004
Class A		10.00		0.02			—		0.30			0.32			(0.02	)		—			—		(0.02	)		0.30			10.30		3.15	(f)		67,293		0.62	(e)		0.59	(e)		0.59	(e)		0.99	(e)		—
Class B		10.00		0.01			—		0.27			0.28			—			—			—		—			0.28			10.28		2.82	(f)		18,841		1.45	(e)		1.29	(e)		1.29	(e)		0.33	(e)		—
Class C		10.00		—			—		0.28			0.28			—			—			—		—			0.28			10.28		2.82	(f)		30,414		1.38	(e)		1.29	(e)		1.29	(e)		0.30	(e)		—
The Hartford Balanced Income Fund
For the Year Ended October 31, 2008
Class A		11.02		0.40			—		(2.75	)		(2.35	)		(0.41	)		(0.04	)		—		(0.45	)		(2.80	)		8.22		(22.01	)		36,544		1.25			1.25			1.25			4.10			44
Class B		10.98		0.33			—		(2.74	)		(2.41	)		(0.33	)		(0.04	)		—		(0.37	)		(2.78	)		8.20		(22.53	)		1,945		2.14			2.00			2.00			3.35			—
Class C		10.97		0.33			—		(2.74	)		(2.41	)		(0.33	)		(0.04	)		—		(0.37	)		(2.78	)		8.19		(22.55	)		4,007		2.04			2.00			2.00			3.34			—
Class Y		11.03		0.44			—		(2.75	)		(2.31	)		(0.44	)		(0.04	)		—		(0.48	)		(2.79	)		8.24		(21.67	)		90		0.91			0.90			0.90			4.43			—
For the Year Ended October 31, 2007
Class A		10.42		0.34			—		0.59			0.93			(0.33	)		—			—		(0.33	)		0.60			11.02		9.07			40,501		1.33			1.19			1.19			3.57			27
Class B		10.41		0.26			—		0.59			0.85			(0.28	)		—			—		(0.28	)		0.57			10.98		8.22			2,280		2.21			2.00			2.00			2.76			—
Class C		10.41		0.26			—		0.58			0.84			(0.28	)		—			—		(0.28	)		0.56			10.97		8.17			4,256		2.14			2.00			2.00			2.76			—
Class Y		10.42		0.41			—		0.56			0.97			(0.36	)		—			—		(0.36	)		0.61			11.03		9.43			115		1.04			0.90			0.90			3.86			—
From (commencement of operations) July 31, 2006, through October 31, 2006
Class A		10.00		0.09			—		0.39			0.48			(0.06	)		—			—		(0.06	)		0.42			10.42		4.78	(f)		11,513		1.58	(e)		1.26	(e)		1.26	(e)		3.48	(e)		8
Class B		10.00		0.07			—		0.38			0.45			(0.04	)		—			—		(0.04	)		0.41			10.41		4.54	(f)		304		2.34	(e)		2.00	(e)		2.00	(e)		2.73	(e)		—
Class C		10.00		0.06			—		0.40			0.46			(0.05	)		—			—		(0.05	)		0.41			10.41		4.56	(f)		400		2.39	(e)		2.00	(e)		2.00	(e)		2.67	(e)		—
Class Y		10.00		0.10			—		0.38			0.48			(0.06	)		—			—		(0.06	)		0.42			10.42		4.83	(f)		105		1.31	(e)		0.90	(e)		0.90	(e)		3.86	(e)		—
The Hartford Capital Appreciation Fund
For the Year Ended October 31, 2008 (h)
Class A		46.08		0.20			—		(19.12	)		(18.92	)		—			(3.73	)		—		(3.73	)		(22.65	)		23.43		(44.46	)		8,682,603		1.12			1.12			1.12			0.54			82
Class B		41.59		(0.09	)		—		(17.00	)		(17.09	)		—			(3.73	)		—		(3.73	)		(20.82	)		20.77		(44.90	)		1,064,188		1.92			1.92			1.92			(0.29	)		—
Class C		41.82		(0.06	)		—		(17.12	)		(17.18	)		—			(3.73	)		—		(3.73	)		(20.91	)		20.91		(44.86	)		2,637,037		1.84			1.84			1.84			(0.19	)		—
Class I		45.90		0.28			—		(19.04	)		(18.76	)		—			(3.73	)		—		(3.73	)		(22.49	)		23.41		(44.27	)		438,528		0.81			0.81			0.81			0.87			—
Class R3		48.91		0.09			—		(20.35	)		(20.26	)		—			(3.73	)		—		(3.73	)		(23.99	)		24.92		(44.64	)		7,809		1.46			1.46			1.46			0.28			—
Class R4		49.05		0.22			—		(20.46	)		(20.24	)		—			(3.73	)		—		(3.73	)		(23.97	)		25.08		(44.46	)		75,127		1.12			1.12			1.12			0.60			—
Class R5		49.15		0.34			—		(20.55	)		(20.21	)		—			(3.73	)		—		(3.73	)		(23.94	)		25.21		(44.30	)		35,734		0.83			0.83			0.83			0.93			—
Class Y		49.23		0.36			—		(20.58	)		(20.22	)		—			(3.73	)		—		(3.73	)		(23.95	)		25.28		(44.24	)		1,074,711		0.72			0.72			0.72			0.95			—
For the Year Ended October 31, 2007 (h)
Class A		39.67		0.16			—		9.42			9.58			(0.13	)		(3.04	)		—		(3.17	)		6.41			46.08		26.15	(i)		13,684,583		1.11			1.11			1.11			0.39			72
Class B		36.25		(0.15	)		—		8.53			8.38			—			(3.04	)		—		(3.04	)		5.34			41.59		25.15	(i)		2,209,870		1.92			1.92			1.92			(0.40	)		—
Class C		36.40		(0.12	)		—		8.58			8.46			—			(3.04	)		—		(3.04	)		5.42			41.82		25.28	(i)		4,411,286		1.83			1.83			1.83			(0.32	)		—
Class I		39.69		0.26			—		9.39			9.65			(0.40	)		(3.04	)		—		(3.44	)		6.21			45.90		26.49	(i)		156,616		0.79			0.79			0.79			0.65			—
Class Y		42.19		0.34			—		10.06			10.40			(0.32	)		(3.04	)		—		(3.36	)		7.04			49.23		26.66	(i)		1,035,754		0.72			0.72			0.72			0.78			—
From (commencement of operations) December 22, 2006, through October 31, 2007 (h)
Class R3		40.22		0.01			—		8.68			8.69			—			—			—		—			8.69			48.91		21.61	(f)		41		1.47	(e)		1.47	(e)		1.47	(e)		0.04	(e)		—
Class R4		40.22		0.02			—		8.81			8.83			—			—			—		—			8.83			49.05		21.95	(f)		15,618		1.14	(e)		1.14	(e)		1.14	(e)		0.06	(e)		—
Class R5		40.22		0.08			—		8.85			8.93			—			—			—		—			8.93			49.15		22.20	(f)		1,165		0.85	(e)		0.85	(e)		0.85	(e)		0.25	(e)		—
For the Year Ended October 31, 2006
Class A		36.51		0.15			—		6.43			6.58			—			(3.42	)		—		(3.42	)		3.16			39.67		19.56			9,312,766		1.18			1.18			1.18			0.47			74
Class B		33.90		(0.10	)		—		5.87			5.77			—			(3.42	)		—		(3.42	)		2.35			36.25		18.59			1,868,359		1.97			1.97			1.97			(0.31	)		—
Class C		34.00		(0.07	)		—		5.89			5.82			—			(3.42	)		—		(3.42	)		2.40			36.40		18.69			2,968,472		1.90			1.90			1.90			(0.25	)		—
Class Y		38.47		0.30			—		6.84			7.14			—			(3.42	)		—		(3.42	)		3.72			42.19		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		37.53		—			—		2.16			2.16			—			—			—		—			2.16			39.69		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		30.80		0.09			—		5.62			5.71			—			—			—		—			5.71			36.51		18.54			6,071,891		1.26			1.26			1.26			0.31			93
Class B		28.82		(0.15	)		—		5.23			5.08			—			—			—		—			5.08			33.90		17.63			1,631,199		2.03			2.03			2.03			(0.45	)		—
Class C		28.88		(0.11	)		—		5.23			5.12			—			—			—		—			5.12			34.00		17.73			1,834,562		1.94			1.94			1.94			(0.37	)		—
Class Y		32.29		0.21			—		5.97			6.18			—			—			—		—			6.18			38.47		19.14			245,163		0.78			0.78			0.78			0.76			—

394


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Capital Appreciation Fund — (continued)
For the Year Ended October 31, 2004
Class A	$	26.50	$	(0.01	)	$	—	$	4.31		$	4.30		$	—		$	—		$	—	$	—		$	4.30		$	30.80		16.23	%	$	4,203,178		1.35	%		1.35	%		1.35	%		(0.05	)%		78	%
Class B		24.97		(0.21	)		—		4.06			3.85			—			—			—		—			3.85			28.82		15.42			1,432,121		2.06			2.06			2.06			(0.78	)		—
Class C		25.00		(0.18	)		—		4.06			3.88			—			—			—		—			3.88			28.88		15.52			1,348,972		1.97			1.97			1.97			(0.68	)		—
Class Y		27.64		0.11			—		4.54			4.65			—			—			—		—			4.65			32.29		16.82			116,527		0.79			0.79			0.79			0.50			—
The Hartford Capital Appreciation II Fund
For the Year Ended October 31, 2008
Class A		16.95		0.02			—		(7.07	)		(7.05	)		—			(1.17	)		—		(1.17	)		(8.22	)		8.73		(44.43	)		479,795		1.40			1.40			1.40			0.12			159
Class B		16.62		(0.09	)		—		(6.89	)		(6.98	)		—			(1.17	)		—		(1.17	)		(8.15	)		8.47		(44.92	)		66,057		2.27			2.27			2.27			(0.75	)		—
Class C		16.66		(0.07	)		—		(6.92	)		(6.99	)		—			(1.17	)		—		(1.17	)		(8.16	)		8.50		(44.87	)		269,662		2.14			2.14			2.14			(0.62	)		—
Class I		17.02		0.04			—		(7.09	)		(7.05	)		—			(1.17	)		—		(1.17	)		(8.22	)		8.80		(44.23	)		79,436		1.08			1.08			1.08			0.43			—
Class R3		17.00		(0.01	)		—		(7.09	)		(7.10	)		—			(1.17	)		—		(1.17	)		(8.27	)		8.73		(44.60	)		4,148		1.77			1.77			1.77			(0.28	)		—
Class R4		17.05		0.01			—		(7.10	)		(7.09	)		—			(1.17	)		—		(1.17	)		(8.26	)		8.79		(44.40	)		1,232		1.43			1.43			1.43			0.08			—
Class R5		17.10		0.04			—		(7.13	)		(7.09	)		—			(1.17	)		—		(1.17	)		(8.26	)		8.84		(44.26	)		151		1.16			1.16			1.16			0.37			—
Class Y		17.12		—			—		(7.09	)		(7.09	)		—			(1.17	)		—		(1.17	)		(8.26	)		8.86		(44.20	)		21,827		1.01			1.01			1.01			0.51			—
For the Year Ended October 31, 2007
Class A		13.13		—			—		4.13			4.13			—			(0.31	)		—		(0.31	)		3.82			16.95		32.15			821,428		1.44			1.44			1.44			—			102
Class B		12.99		(0.07	)		—		4.01			3.94			—			(0.31	)		—		(0.31	)		3.63			16.62		31.01			104,908		2.29			2.29			2.29			(0.86	)		—
Class C		13.00		(0.06	)		—		4.03			3.97			—			(0.31	)		—		(0.31	)		3.66			16.66		31.22			415,688		2.16			2.16			2.16			(0.73	)		—
Class I		13.14		0.02			—		4.17			4.19			—			(0.31	)		—		(0.31	)		3.88			17.02		32.60			83,905		1.11			1.11			1.11			0.31			—
Class Y		13.20		0.06			—		4.17			4.23			—			(0.31	)		—		(0.31	)		3.92			17.12		32.75			158		1.02			1.02			1.02			0.44			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.52		(0.03	)		—		3.51			3.48			—			—			—		—			3.48			17.00		25.74	(f)		452		1.85	(e)		1.85	(e)		1.85	(e)		(0.43	)(e)		—
Class R4		13.52		(0.01	)		—		3.54			3.53			—			—			—		—			3.53			17.05		26.11	(f)		14		1.47	(e)		1.47	(e)		1.47	(e)		(0.06	)(e)		—
Class R5		13.52		—			—		3.58			3.58			—			—			—		—			3.58			17.10		26.48	(f)		136		1.22	(e)		1.22	(e)		1.22	(e)		0.03	(e)		—
For the Year Ended October 31, 2006
Class A		11.07		(0.01	)		—		2.22			2.21			—			(0.15	)		—		(0.15	)		2.06			13.13		20.21			241,238		1.66			1.60			1.60			(0.13	)		113
Class B		11.02		(0.07	)		—		2.19			2.12			—			(0.15	)		—		(0.15	)		1.97			12.99		19.48			29,169		2.54			2.35			2.35			(0.88	)		—
Class C		11.04		(0.06	)		—		2.17			2.11			—			(0.15	)		—		(0.15	)		1.96			13.00		19.35			97,678		2.37			2.33			2.33			(0.86	)		—
Class Y		11.08		0.12			—		2.15			2.27			—			(0.15	)		—		(0.15	)		2.12			13.20		20.74			119		1.20			1.15			1.15			0.39			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		12.51		—			—		0.63			0.63			—			—			—		—			0.63			13.14		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		10.00		(0.01	)		—		1.08			1.07			—			—			—		—			1.07			11.07		10.70	(f)		56,981		1.99	(e)		1.60	(e)		1.60	(e)		(0.30	)(e)		46
Class B		10.00		(0.03	)		—		1.05			1.02			—			—			—		—			1.02			11.02		10.20	(f)		6,343		2.97	(e)		2.35	(e)		2.35	(e)		(1.10	)(e)		—
Class C		10.00		(0.03	)		—		1.07			1.04			—			—			—		—			1.04			11.04		10.40	(f)		19,494		2.82	(e)		2.35	(e)		2.35	(e)		(1.12	)(e)		—
Class Y		10.00		0.02			—		1.06			1.08			—			—			—		—			1.08			11.08		10.80	(f)		332		1.41	(e)		1.15	(e)		1.15	(e)		0.29	(e)		—
The Hartford Checks and Balances Fund (g)
For the Year Ended October 31, 2008
Class A		10.51		0.21			—		(3.17	)		(2.96	)		(0.23	)		—			—		(0.23	)		(3.19	)		7.32		(28.70	)		649,297		0.42			0.41			0.41			2.08			6
Class B		10.49		0.15			—		(3.19	)		(3.04	)		(0.16	)		—			—		(0.16	)		(3.20	)		7.29		(29.32	)		88,364		1.26			1.23			1.23			1.22			—
Class C		10.49		0.15			—		(3.18	)		(3.03	)		(0.17	)		—			—		(0.17	)		(3.20	)		7.29		(29.29	)		211,502		1.17			1.17			1.17			1.26			—
From (commencement of operations) February 29, 2008, through October 31, 2008
Class I		9.89		0.14			—		(2.57	)		(2.43	)		(0.14	)		—			—		(0.14	)		(2.57	)		7.32		(23.71	)(f)		8,293		0.16	(e)		0.16	(e)		0.16	(e)		2.09	(e)		—
From (commencement of operations) August 29, 2008, through October 31, 2008
Class R3		9.38		0.03			—		(2.06	)		(2.03	)		(0.04	)		—			—		(0.04	)		(2.07	)		7.31		(21.19	)(f)		80		0.81	(e)		0.80	(e)		0.80	(e)		1.93	(e)		—
Class R4		9.38		0.03			—		(2.05	)		(2.02	)		(0.04	)		—			—		(0.04	)		(2.06	)		7.32		(21.06	)(f)		79		0.51	(e)		0.50	(e)		0.50	(e)		2.23	(e)		—
Class R5		9.38		0.03			—		(2.04	)		(2.01	)		(0.05	)		—			—		(0.05	)		(2.06	)		7.32		(21.04	)(f)		79		0.21	(e)		0.21	(e)		0.21	(e)		2.52	(e)		—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class A		10.00		0.05			—		0.51			0.56			(0.05	)		—			—		(0.05	)		0.51			10.51		5.56	(f)		172,572		0.43	(e)		0.43	(e)		0.43	(e)		1.77	(e)		—
Class B		10.00		0.03			—		0.49			0.52			(0.03	)		—			—		(0.03	)		0.49			10.49		5.24	(f)		19,750		1.26	(e)		1.25	(e)		1.25	(e)		0.96	(e)		—
Class C		10.00		0.03			—		0.49			0.52			(0.03	)		—			—		(0.03	)		0.49			10.49		5.23	(f)		55,105		1.18	(e)		1.18	(e)		1.18	(e)		1.02	(e)		—
The Hartford Conservative Allocation Fund (g)
For the Year Ended October 31, 2008
Class A		11.63		0.33			—		(2.84	)		(2.51	)		(0.42	)		(0.40	)		—		(0.82	)		(3.33	)		8.30		(22.99	)		107,922		0.57			0.57			0.57			3.09			27
Class B		11.62		0.24			—		(2.82	)		(2.58	)		(0.34	)		(0.40	)		—		(0.74	)		(3.32	)		8.30		(23.55	)		20,703		1.40			1.40			1.40			2.29			—
Class C		11.62		0.23			—		(2.81	)		(2.58	)		(0.35	)		(0.40	)		—		(0.75	)		(3.33	)		8.29		(23.57	)		40,054		1.33			1.33			1.33			2.23			—

395

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Conservative Allocation Fund (g) — (continued)
Class I	$	11.61	$	0.39		$	—	$	(2.86	)	$	(2.47	)	$	(0.45	)	$	(0.40	)	$	—	$	(0.85	)	$	(3.32	)	$	8.29		(22.73	)%	$	418		0.31	%		0.31	%		0.31	%		4.43	%		—	%
Class R3		11.61		0.32			—		(2.86	)		(2.54	)		(0.39	)		(0.40	)		—		(0.79	)		(3.33	)		8.28		(23.28	)		269		0.97			0.97			0.97			2.01			—
Class R4		11.62		0.34			—		(2.85	)		(2.51	)		(0.42	)		(0.40	)		—		(0.82	)		(3.33	)		8.29		(23.01	)		4,900		0.63			0.63			0.63			2.21			—
Class R5		11.63		0.39			—		(2.87	)		(2.48	)		(0.45	)		(0.40	)		—		(0.85	)		(3.33	)		8.30		(22.81	)		2,097		0.34			0.34			0.34			2.84			—
For the Year Ended October 31, 2007
Class A		11.16		0.33			—		0.81			1.14			(0.38	)		(0.29	)		—		(0.67	)		0.47			11.63		10.64			121,488		0.59			0.59			0.59			2.91			40
Class B		11.16		0.25			—		0.80			1.05			(0.30	)		(0.29	)		—		(0.59	)		0.46			11.62		9.81			25,903		1.42			1.28			1.28			2.25			—
Class C		11.15		0.25			—		0.81			1.06			(0.30	)		(0.29	)		—		(0.59	)		0.47			11.62		9.91			46,433		1.35			1.28			1.28			2.17			—
Class I		11.16		0.38			—		0.78			1.16			(0.42	)		(0.29	)		—		(0.71	)		0.45			11.61		10.86			1,502		0.27			0.27			0.27			2.64			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.95		0.16			—		0.70			0.86			(0.20	)		—			—		(0.20	)		0.66			11.61		7.93	(f)		20		1.05	(e)		1.03	(e)		1.03	(e)		1.87	(e)		—
Class R4		10.95		0.20			—		0.70			0.90			(0.23	)		—			—		(0.23	)		0.67			11.62		8.25	(f)		429		0.75	(e)		0.75	(e)		0.75	(e)		2.26	(e)		—
Class R5		10.95		0.24			—		0.68			0.92			(0.24	)		—			—		(0.24	)		0.68			11.63		8.53	(f)		695		0.48	(e)		0.46	(e)		0.46	(e)		2.41	(e)		—
For the Year Ended October 31, 2006
Class A		10.57		0.26			—		0.76			1.02			(0.31	)		(0.12	)		—		(0.43	)		0.59			11.16		9.85			93,504		0.64			0.63			0.63			2.41			29
Class B		10.56		0.19			—		0.76			0.95			(0.23	)		(0.12	)		—		(0.35	)		0.60			11.16		9.19			20,782		1.48			1.31			1.31			1.73			—
Class C		10.56		0.19			—		0.76			0.95			(0.24	)		(0.12	)		—		(0.36	)		0.59			11.15		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		10.94		0.07			—		0.22			0.29			(0.07	)		—			—		(0.07	)		0.22			11.16		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		10.27		0.23			—		0.28			0.51			(0.21	)		—			—		(0.21	)		0.30			10.57		4.96			70,533		0.63			0.60			0.60			2.25			23
Class B		10.26		0.16			—		0.28			0.44			(0.14	)		—			—		(0.14	)		0.30			10.56		4.26			14,525		1.48			1.26			1.26			1.60			—
Class C		10.26		0.16			—		0.28			0.44			(0.14	)		—			—		(0.14	)		0.30			10.56		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		10.00		0.03			—		0.27			0.30			(0.03	)		—			—		(0.03	)		0.27			10.27		2.96	(f)		33,921		0.63	(e)		0.60	(e)		0.60	(e)		1.70	(e)		—
Class B		10.00		0.02			—		0.25			0.27			(0.01	)		—			—		(0.01	)		0.26			10.26		2.70	(f)		4,993		1.44	(e)		1.25	(e)		1.25	(e)		1.05	(e)		—
Class C		10.00		0.02			—		0.25			0.27			(0.01	)		—			—		(0.01	)		0.26			10.26		2.70	(f)		10,807		1.38	(e)		1.25	(e)		1.25	(e)		1.17	(e)		—
The Hartford Disciplined Equity Fund
For the Year Ended October 31, 2008
Class A		14.91		0.05			—		(5.63	)		(5.58	)		(0.02	)		—			—		(0.02	)		(5.60	)		9.31		(37.46	)		92,476		1.44			1.40			1.40			0.36			69
Class B		14.16		(0.05	)		—		(5.31	)		(5.36	)		—			—			—		—			(5.36	)		8.80		(37.85	)		11,931		2.39			1.95			1.95			(0.18	)		—
Class C		14.17		(0.06	)		—		(5.31	)		(5.37	)		—			—			—		—			(5.37	)		8.80		(37.90	)		13,691		2.13			2.13			2.13			(0.36	)		—
Class R3		15.33		0.01			—		(5.78	)		(5.77	)		—			—			—		—			(5.77	)		9.56		(37.64	)		11		1.87			1.65			1.65			0.12			—
Class R4		15.37		0.06			—		(5.79	)		(5.73	)		(0.04	)		—			—		(0.04	)		(5.77	)		9.60		(37.37	)		8		1.28			1.28			1.28			0.48			—
Class R5		15.41		0.10			—		(5.81	)		(5.71	)		(0.08	)		—			—		(0.08	)		(5.79	)		9.62		(37.23	)		7		0.99			0.99			0.99			0.77			—
Class Y		15.43		0.12			—		(5.81	)		(5.69	)		(0.10	)		—			—		(0.10	)		(5.79	)		9.64		(37.09	)		67,966		0.89			0.89			0.89			0.88			—
For the Year Ended October 31, 2007
Class A		13.19		0.04			0.01		1.77			1.82			(0.10	)		—			—		(0.10	)		1.72			14.91		13.87	(i)		177,170		1.40			1.40			1.40			0.32			72
Class B		12.53		(0.07	)		0.01		1.70			1.64			(0.01	)		—			—		(0.01	)		1.63			14.16		13.14	(i)		29,968		2.31			2.08			2.08			(0.35	)		—
Class C		12.54		(0.07	)		0.01		1.70			1.64			(0.01	)		—			—		(0.01	)		1.63			14.17		13.07	(i)		26,479		2.09			2.09			2.09			(0.37	)		—
Class Y		13.58		0.19			0.01		1.75			1.95			(0.10	)		—			—		(0.10	)		1.85			15.43		14.45	(i)		111,098		0.88			0.88			0.88			0.86			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.89		—			—		1.44			1.44			—			—			—		—			1.44			15.33		10.37	(f)		11		1.65	(e)		1.65	(e)		1.65	(e)		(0.03	)(e)		—
Class R4		13.89		0.03			—		1.45			1.48			—			—			—		—			1.48			15.37		10.66	(f)		11		1.34	(e)		1.34	(e)		1.34	(e)		0.28	(e)		—
Class R5		13.89		0.07			—		1.45			1.52			—			—			—		—			1.52			15.41		10.94	(f)		11		1.05	(e)		1.05	(e)		1.05	(e)		0.57	(e)		—
For the Year Ended October 31, 2006
Class A		11.78		0.04			—		1.39			1.43			(0.02	)		—			—		(0.02	)		1.41			13.19		12.13			189,375		1.40			1.40			1.40			0.39			67
Class B		11.25		(0.03	)		—		1.31			1.28			—			—			—		—			1.28			12.53		11.38			35,673		2.30			2.07			2.07			(0.28	)		—
Class C		11.26		(0.04	)		—		1.32			1.28			—			—			—		—			1.28			12.54		11.37			29,153		2.10			2.10			2.10			(0.31	)		—
Class Y		12.12		0.14			—		1.40			1.54			(0.08	)		—			—		(0.08	)		1.46			13.58		12.76			169,614		0.89			0.89			0.89			0.88			—
For the Year Ended October 31, 2005
Class A		10.67		0.10			—		1.09			1.19			(0.08	)		—			—		(0.08	)		1.11			11.78		11.19			209,721		1.41			1.40			1.40			0.81			61
Class B		10.20		(0.02	)		—		1.08			1.06			(0.01	)		—			—		(0.01	)		1.05			11.25		10.35			39,806		2.34			2.15			2.15			0.06			—
Class C		10.22		(0.02	)		—		1.07			1.05			(0.01	)		—			—		(0.01	)		1.04			11.26		10.29			33,690		2.11			2.11			2.11			0.12			—
Class Y		10.99		0.15			—		1.12			1.27			(0.14	)		—			—		(0.14	)		1.13			12.12		11.62			81,582		0.90			0.90			0.90			0.97			—
For the Year Ended October 31, 2004
Class A		10.08		0.03			—		0.57			0.60			(0.01	)		—			—		(0.01	)		0.59			10.67		5.92			241,014		1.46			1.45			1.45			0.30			62

396


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Disciplined Equity Fund — (continued)
Class B	$	9.70	$	(0.05	)	$	—	$	0.55		$	0.50		$	—		$	—		$	—	$	—		$	0.50		$	10.20		5.16	%	$	44,561		2.34	%		2.15	%		2.15	%		(0.41	)%		—	%
Class C		9.71		(0.05	)		—		0.56			0.51			—			—			—		—			0.51			10.22		5.25	(i)		40,965		2.10			2.10			2.10			(0.36	)		—
Class Y		10.36		(0.01	)		—		0.69			0.68			(0.05	)		—			—		(0.05	)		0.63			10.99		6.55			19,578		0.88			0.88			0.88			0.95			—
The Hartford Diversified International Fund
From (commencement of operations) June 30, 2008, through October 31, 2008
Class A		10.00		0.01			—		(4.13	)		(4.12	)		—			—			—		—			(4.12	)		5.88		(41.20	)(f)		2,528		2.01	(e)		1.57	(e)		1.57	(e)		0.26	(e)		67
Class B		10.00		(0.01	)		—		(4.12	)		(4.13	)		—			—			—		—			(4.13	)		5.87		(41.30	)(f)		591		2.74	(e)		2.31	(e)		2.31	(e)		(0.48	)(e)		—
Class C		10.00		(0.01	)		—		(4.12	)		(4.13	)		—			—			—		—			(4.13	)		5.87		(41.30	)(f)		611		2.75	(e)		2.32	(e)		2.32	(e)		(0.49	)(e)		—
Class I		10.00		0.01			—		(4.12	)		(4.11	)		—			—			—		—			(4.11	)		5.89		(41.10	)(f)		589		1.74	(e)		1.30	(e)		1.30	(e)		0.53	(e)		—
Class R3		10.00		—			—		(4.13	)		(4.13	)		—			—			—		—			(4.13	)		5.87		(41.30	)(f)		588		2.44	(e)		1.90	(e)		1.90	(e)		(0.07	)(e)		—
Class R4		10.00		—			—		(4.12	)		(4.12	)		—			—			—		—			(4.12	)		5.88		(41.20	)(f)		588		2.14	(e)		1.65	(e)		1.65	(e)		0.18	(e)		—
Class R5		10.00		0.01			—		(4.13	)		(4.12	)		—			—			—		—			(4.12	)		5.88		(41.20	)(f)		588		1.84	(e)		1.40	(e)		1.40	(e)		0.43	(e)		—
Class Y		10.00		0.01			—		(4.12	)		(4.11	)		—			—			—		—			(4.11	)		5.89		(41.10	)(f)		5,886		1.74	(e)		1.30	(e)		1.30	(e)		0.52	(e)		—
The Hartford Dividend and Growth Fund
For the Year Ended October 31, 2008
Class A		23.12		0.31			—		(7.32	)		(7.01	)		(0.31	)		(1.24	)		—		(1.55	)		(8.56	)		14.56		(32.24	)		2,214,358		1.09			1.09			1.09			1.62			36
Class B		22.76		0.14			—		(7.21	)		(7.07	)		(0.13	)		(1.24	)		—		(1.37	)		(8.44	)		14.32		(32.85	)		222,732		1.97			1.97			1.97			0.73			—
Class C		22.72		0.17			—		(7.21	)		(7.04	)		(0.16	)		(1.24	)		—		(1.40	)		(8.44	)		14.28		(32.80	)		221,895		1.83			1.83			1.83			0.87			—
Class I		23.07		0.34			—		(7.27	)		(6.93	)		(0.38	)		(1.24	)		—		(1.62	)		(8.55	)		14.52		(32.02	)		167,989		0.82			0.82			0.82			1.77			—
Class R3		23.37		0.23			—		(7.40	)		(7.17	)		(0.25	)		(1.24	)		—		(1.49	)		(8.66	)		14.71		(32.53	)		455		1.58			1.50			1.50			1.16			—
Class R4		23.39		0.32			—		(7.42	)		(7.10	)		(0.32	)		(1.24	)		—		(1.56	)		(8.66	)		14.73		(32.25	)		8,410		1.09			1.09			1.09			1.63			—
Class R5		23.41		0.35			—		(7.40	)		(7.05	)		(0.37	)		(1.24	)		—		(1.61	)		(8.66	)		14.75		(32.06	)		310		0.80			0.80			0.80			1.94			—
Class Y		23.41		0.37			—		(7.40	)		(7.03	)		(0.39	)		(1.24	)		—		(1.63	)		(8.66	)		14.75		(31.99	)		494,110		0.69			0.69			0.69			2.01			—
For the Year Ended October 31, 2007
Class A		21.48		0.29			0.01		2.95			3.25			(0.27	)		(1.34	)		—		(1.61	)		1.64			23.12		16.20	(i)		3,236,757		1.09			1.09			1.09			1.35			24
Class B		21.17		0.11			0.01		2.90			3.02			(0.09	)		(1.34	)		—		(1.43	)		1.59			22.76		15.22	(i)		395,552		1.95			1.95			1.95			0.50			—
Class C		21.13		0.13			0.01		2.91			3.05			(0.12	)		(1.34	)		—		(1.46	)		1.59			22.72		15.42	(i)		365,443		1.82			1.82			1.82			0.62			—
Class I		21.46		0.36			—		2.98			3.34			(0.39	)		(1.34	)		—		(1.73	)		1.61			23.07		16.67	(i)		1,899		0.77			0.77			0.77			1.50			—
Class Y		21.72		0.37			—		3.02			3.39			(0.36	)		(1.34	)		—		(1.70	)		1.69			23.41		16.68	(i)		255,138		0.69			0.69			0.69			1.72			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		21.14		0.15			—		2.25			2.40			(0.17	)		—			—		(0.17	)		2.23			23.37		11.38	(f)		177		1.40	(e)		1.40	(e)		1.40	(e)		0.63	(e)		—
Class R4		21.14		0.21			—		2.26			2.47			(0.22	)		—			—		(0.22	)		2.25			23.39		11.70	(f)		1,994		1.09	(e)		1.09	(e)		1.09	(e)		0.72	(e)		—
Class R5		21.14		0.26			—		2.26			2.52			(0.25	)		—			—		(0.25	)		2.27			23.41		11.99	(f)		193		0.82	(e)		0.82	(e)		0.82	(e)		0.98	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		19.10		0.26			—		3.14			3.40			(0.26	)		(0.76	)		—		(1.02	)		2.38			21.48		18.63			2,626,634		1.14			1.14			1.14			1.32			29
Class B		18.84		0.09			—		3.10			3.19			(0.10	)		(0.76	)		—		(0.86	)		2.33			21.17		17.63			365,678		1.99			1.99			1.99			0.48			—
Class C		18.81		0.12			—		3.08			3.20			(0.12	)		(0.76	)		—		(0.88	)		2.32			21.13		17.75			317,139		1.87			1.87			1.87			0.60			—
Class Y		19.30		0.35			—		3.18			3.53			(0.35	)		(0.76	)		—		(1.11	)		2.42			21.72		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		20.48		0.03			—		1.03			1.06			(0.08	)		—			—		(0.08	)		0.98			21.46		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		17.79		0.23			—		1.51			1.74			(0.24	)		(0.19	)		—		(0.43	)		1.31			19.10		9.87			2,109,617		1.17			1.17			1.17			1.25			26
Class B		17.56		0.08			—		1.48			1.56			(0.09	)		(0.19	)		—		(0.28	)		1.28			18.84		8.92			343,650		2.01			2.01			2.01			0.41			—
Class C		17.53		0.10			—		1.48			1.58			(0.11	)		(0.19	)		—		(0.30	)		1.28			18.81		9.08			280,967		1.89			1.89			1.89			0.54			—
Class Y		17.97		0.32			—		1.53			1.85			(0.33	)		(0.19	)		—		(0.52	)		1.33			19.30		10.36			114,777		0.73			0.73			0.73			1.64			—
For the Year Ended October 31, 2004
Class A		15.94		0.16			0.01		1.82			1.99			(0.14	)		—			—		(0.14	)		1.85			17.79		12.53	(i)		1,838,567		1.23			1.23			1.23			0.96			25
Class B		15.75		0.03			—		1.80			1.83			(0.02	)		—			—		(0.02	)		1.81			17.56		11.62			319,512		2.04			2.04			2.04			0.16			—
Class C		15.72		0.05			0.01		1.79			1.85			(0.04	)		—			—		(0.04	)		1.81			17.53		11.76	(i)		277,706		1.90			1.90			1.90			0.29			—
Class Y		16.11		0.24			—		1.86			2.10			(0.24	)		—			—		(0.24	)		1.86			17.97		13.06			69,088		0.75			0.75			0.75			1.44			—
The Hartford Equity Growth Allocation Fund (g)
For the Year Ended October 31, 2008 (h)
Class A		15.55		0.01			—		(5.82	)		(5.81	)		(0.55	)		(0.90	)		—		(1.45	)		(7.26	)		8.29		(40.92	)		113,006		0.69			0.68			0.68			0.05			10
Class B		15.40		(0.09	)		—		(5.76	)		(5.85	)		(0.46	)		(0.90	)		—		(1.36	)		(7.21	)		8.19		(41.40	)		28,322		1.52			1.49			1.49			(0.72	)		—
Class C		15.39		(0.08	)		—		(5.76	)		(5.84	)		(0.46	)		(0.90	)		—		(1.36	)		(7.20	)		8.19		(41.35	)		45,209		1.43			1.43			1.43			(0.66	)		—
Class I		15.59		(0.03	)		—		(5.75	)		(5.78	)		(0.60	)		(0.90	)		—		(1.50	)		(7.28	)		8.31		(40.73	)		668		0.30			0.30			0.30			(0.29	)		—
Class R3		15.52		(0.02	)		—		(5.80	)		(5.82	)		(0.55	)		(0.90	)		—		(1.45	)		(7.27	)		8.25		(41.10	)		699		0.95			0.95			0.95			(0.13	)		—

397

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Equity Growth Allocation Fund (g) — (continued)
Class R4	$	15.56	$	(0.05	)	$	—	$	(5.74	)	$	(5.79	)	$	(0.60	)	$	(0.90	)	$	—	$	(1.50	)	$	(7.29	)	$	8.27		(40.92	)%	$	2,389		0.64	%		0.64	%		0.64	%		(0.40	)%		—	%
Class R5		15.60		(0.03	)		—		(5.76	)		(5.79	)		(0.60	)		(0.90	)		—		(1.50	)		(7.29	)		8.31		(40.78	)		1,526		0.34			0.34			0.34			(0.26	)		—
For the Year Ended October 31, 2007
Class A		13.21		0.03			—		2.83			2.86			(0.24	)		(0.28	)		—		(0.52	)		2.34			15.55		22.39			173,379		0.69			0.69			0.69			(0.06	)		37
Class B		13.10		(0.07	)		—		2.81			2.74			(0.16	)		(0.28	)		—		(0.44	)		2.30			15.40		21.58			47,743		1.52			1.37			1.37			(0.72	)		—
Class C		13.10		(0.07	)		—		2.80			2.73			(0.16	)		(0.28	)		—		(0.44	)		2.29			15.39		21.50			74,047		1.42			1.37			1.37			(0.72	)		—
Class I		13.22		0.19			—		2.71			2.90			(0.25	)		(0.28	)		—		(0.53	)		2.37			15.59		22.75			64		0.39			0.37			0.37			(0.15	)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.24		(0.05	)		—		2.33			2.28			—			—			—		—			2.28			15.52		17.22	(f)		952		0.97	(e)		0.96	(e)		0.96	(e)		(0.91	)(e)		—
Class R4		13.24		(0.02	)		—		2.34			2.32			—			—			—		—			2.32			15.56		17.52	(f)		456		0.71	(e)		0.69	(e)		0.69	(e)		(0.64	)(e)		—
Class R5		13.24		(0.01	)		—		2.37			2.36			—			—			—		—			2.36			15.60		17.82	(f)		77		0.42	(e)		0.38	(e)		0.38	(e)		(0.33	)(e)		—
For the Year Ended October 31, 2006
Class A		11.46		0.02			—		1.83			1.85			(0.09	)		(0.01	)		—		(0.10	)		1.75			13.21		16.18			116,198		0.79			0.72			0.72			(0.34	)		14
Class B		11.37		(0.12	)		—		1.88			1.76			(0.02	)		(0.01	)		—		(0.03	)		1.73			13.10		15.43			33,295		1.62			1.37			1.37			(0.93	)		—
Class C		11.37		(0.12	)		—		1.88			1.76			(0.02	)		(0.01	)		—		(0.03	)		1.73			13.10		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		12.59		(0.01	)		—		0.64			0.63			—			—			—		—			0.63			13.22		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		10.38		(0.02	)		—		1.12			1.10			(0.02	)		—			—		(0.02	)		1.08			11.46		10.60			58,087		0.85			0.68			0.68			(0.43	)		9
Class B		10.35		(0.08	)		—		1.10			1.02			—			—			—		—			1.02			11.37		9.88			20,155		1.64			1.33			1.33			(1.08	)		—
Class C		10.35		(0.07	)		—		1.09			1.02			—			—			—		—			1.02			11.37		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		10.00		(0.01	)		—		0.39			0.38			—			—			—		—			0.38			10.38		3.80	(f)		12,415		0.86	(e)		0.67	(e)		0.67	(e)		(0.58	)(e)		3
Class B		10.00		(0.02	)		—		0.37			0.35			—			—			—		—			0.35			10.35		3.50	(f)		4,532		1.69	(e)		1.32	(e)		1.32	(e)		(1.23	)(e)		—
Class C		10.00		(0.02	)		—		0.37			0.35			—			—			—		—			0.35			10.35		3.50	(f)		5,424		1.59	(e)		1.32	(e)		1.32	(e)		(1.23	)(e)		—
The Hartford Equity Income Fund
For the Year Ended October 31, 2008
Class A		15.16		0.32			—		(4.42	)		(4.10	)		(0.31	)		(0.40	)		—		(0.71	)		(4.81	)		10.35		(28.08	)		563,703		1.19			1.14			1.14			2.49			53
Class B		15.12		0.21			—		(4.41	)		(4.20	)		(0.19	)		(0.40	)		—		(0.59	)		(4.79	)		10.33		(28.67	)		32,097		2.06			2.00			2.00			1.63			—
Class C		15.14		0.23			—		(4.42	)		(4.19	)		(0.21	)		(0.40	)		—		(0.61	)		(4.80	)		10.34		(28.61	)		43,493		1.92			1.87			1.87			1.76			—
Class I		15.12		0.35			—		(4.39	)		(4.04	)		(0.35	)		(0.40	)		—		(0.75	)		(4.79	)		10.33		(27.80	)		1,449		0.90			0.85			0.85			2.80			—
Class R3		15.21		0.27			—		(4.41	)		(4.14	)		(0.28	)		(0.40	)		—		(0.68	)		(4.82	)		10.39		(28.26	)		78		1.55			1.50			1.50			2.14			—
Class R4		15.22		0.32			—		(4.43	)		(4.11	)		(0.31	)		(0.40	)		—		(0.71	)		(4.82	)		10.40		(28.03	)		8		1.18			1.13			1.13			2.50			—
Class R5		15.22		0.36			—		(4.43	)		(4.07	)		(0.35	)		(0.40	)		—		(0.75	)		(4.82	)		10.40		(27.82	)		8		0.90			0.85			0.85			2.78			—
Class Y		15.23		0.39			—		(4.46	)		(4.07	)		(0.36	)		(0.40	)		—		(0.76	)		(4.83	)		10.40		(27.80	)		62,258		0.80			0.75			0.75			2.90			—
For the Year Ended October 31, 2007
Class A		14.00		0.27			—		1.69			1.96			(0.26	)		(0.54	)		—		(0.80	)		1.16			15.16		14.68			758,905		1.22			1.12			1.12			1.93			20
Class B		13.97		0.16			—		1.67			1.83			(0.14	)		(0.54	)		—		(0.68	)		1.15			15.12		13.69			52,424		2.07			1.97			1.97			1.09			—
Class C		13.99		0.18			—		1.67			1.85			(0.16	)		(0.54	)		—		(0.70	)		1.15			15.14		13.80			72,690		1.94			1.84			1.84			1.23			—
Class I		13.99		0.31			—		1.69			2.00			(0.33	)		(0.54	)		—		(0.87	)		1.13			15.12		14.96			907		0.92			0.82			0.82			2.18			—
Class Y		14.07		0.31			—		1.72			2.03			(0.33	)		(0.54	)		—		(0.87	)		1.16			15.23		15.12			130,262		0.83			0.73			0.73			2.30			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.97		0.17			—		1.24			1.41			(0.17	)		—			—		(0.17	)		1.24			15.21		10.11	(f)		95		1.60	(e)		1.50	(e)		1.50	(e)		1.51	(e)		—
Class R4		13.97		0.23			—		1.22			1.45			(0.20	)		—			—		(0.20	)		1.25			15.22		10.44	(f)		11		1.28	(e)		1.18	(e)		1.18	(e)		1.84	(e)		—
Class R5		13.97		0.27			—		1.21			1.48			(0.23	)		—			—		(0.23	)		1.25			15.22		10.67	(f)		11		0.99	(e)		0.89	(e)		0.89	(e)		2.13	(e)		—
For the Year Ended October 31, 2006
Class A		12.09		0.26			—		1.96			2.22			(0.28	)		(0.03	)		—		(0.31	)		1.91			14.00		18.70			529,664		1.30			1.00			1.00			2.02			24
Class B		12.07		0.16			—		1.94			2.10			(0.17	)		(0.03	)		—		(0.20	)		1.90			13.97		17.67			43,198		2.14			1.84			1.84			1.19			—
Class C		12.08		0.17			—		1.96			2.13			(0.19	)		(0.03	)		—		(0.22	)		1.91			13.99		17.88			61,572		2.01			1.71			1.71			1.33			—
Class Y		12.15		0.30			—		1.98			2.28			(0.33	)		(0.03	)		—		(0.36	)		1.92			14.07		19.18			7,593		0.88			0.58			0.58			2.26			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		13.52		0.08			—		0.46			0.54			(0.07	)		—			—		(0.07	)		0.47			13.99		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		11.28		0.27			—		0.82			1.09			(0.26	)		(0.02	)		—		(0.28	)		0.81			12.09		9.74			379,604		1.34			0.51			0.51			2.41			23
Class B		11.26		0.17			—		0.82			0.99			(0.16	)		(0.02	)		—		(0.18	)		0.81			12.07		8.84			33,989		2.18			1.38			1.38			1.53			—
Class C		11.27		0.20			—		0.81			1.01			(0.18	)		(0.02	)		—		(0.20	)		0.81			12.08		9.00			53,435		2.03			1.23			1.23			1.70			—
Class Y		11.33		0.32			—		0.83			1.15			(0.31	)		(0.02	)		—		(0.33	)		0.82			12.15		10.22			784		0.91			0.11			0.11			2.79			—

398


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Equity Income Fund — (continued)
For the Year Ended October 31, 2004
Class A	$	10.37	$	0.21		$	—	$	0.90		$	1.11		$	(0.20	)	$	—		$	—	$	(0.20	)	$	0.91		$	11.28		10.82	%	$	211,826		1.40	%		0.56	%		0.56	%		2.26	%		22	%
Class B		10.36		0.13			—		0.89			1.02			(0.12	)		—			—		(0.12	)		0.90			11.26		9.93			18,438		2.20			1.37			1.37			1.46			—
Class C		10.36		0.15			—		0.89			1.04			(0.13	)		—			—		(0.13	)		0.91			11.27		10.12			44,043		2.02			1.19			1.19			1.64			—
Class Y		10.39		0.24			—		0.95			1.19			(0.25	)		—			—		(0.25	)		0.94			11.33		11.53			375		0.91			0.11			0.11			2.73			—
The Hartford Floating Rate Fund
For the Year Ended October 31, 2008
Class A		9.79		0.55			—		(2.68	)		(2.13	)		(0.53	)		—			—		(0.53	)		(2.66	)		7.13		(22.71	)		728,882		0.99			0.99			0.99			6.02			18
Class B		9.79		0.47			—		(2.67	)		(2.20	)		(0.46	)		—			—		(0.46	)		(2.66	)		7.13		(23.30	)		40,440		1.81			1.75			1.75			5.23			—
Class C		9.78		0.47			—		(2.66	)		(2.19	)		(0.46	)		—			—		(0.46	)		(2.65	)		7.13		(23.24	)		876,501		1.75			1.75			1.75			5.25			—
Class I		9.79		0.57			—		(2.68	)		(2.11	)		(0.55	)		—			—		(0.55	)		(2.66	)		7.13		(22.51	)		171,007		0.74			0.74			0.74			6.28			—
Class R3		9.79		0.52			—		(2.66	)		(2.14	)		(0.51	)		—			—		(0.51	)		(2.65	)		7.14		(22.80	)		544		1.45			1.25			1.25			5.63			—
Class R4		9.78		0.54			—		(2.66	)		(2.12	)		(0.53	)		—			—		(0.53	)		(2.65	)		7.13		(22.63	)		515		1.15			1.00			1.00			5.71			—
Class R5		9.81		0.56			—		(2.68	)		(2.12	)		(0.54	)		—			—		(0.54	)		(2.66	)		7.15		(22.55	)		90		0.86			0.85			0.85			6.24			—
Class Y		9.78		0.57			—		(2.66	)		(2.09	)		(0.56	)		—			—		(0.56	)		(2.65	)		7.13		(22.39	)		98,315		0.69			0.69			0.69			6.23			—
For the Year Ended October 31, 2007
Class A		10.11		0.66			—		(0.31	)		0.35			(0.67	)		—			—		(0.67	)		(0.32	)		9.79		3.54			1,996,644		0.96			0.96			0.96			6.61			62
Class B		10.11		0.58			—		(0.31	)		0.27			(0.59	)		—			—		(0.59	)		(0.32	)		9.79		2.72			71,403		1.80			1.75			1.75			5.84			—
Class C		10.11		0.59			—		(0.32	)		0.27			(0.60	)		—			—		(0.60	)		(0.33	)		9.78		2.67			1,870,911		1.74			1.74			1.74			5.86			—
Class I		10.11		0.70			—		(0.32	)		0.38			(0.70	)		—			—		(0.70	)		(0.32	)		9.79		3.84			406,906		0.71			0.71			0.71			6.88			—
Class Y		10.11		0.69			—		(0.32	)		0.37			(0.70	)		—			—		(0.70	)		(0.33	)		9.78		3.73			104,762		0.68			0.68			0.68			6.92			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.09		0.54			—		(0.31	)		0.23			(0.53	)		—			—		(0.53	)		(0.30	)		9.79		2.31	(f)		285		1.75	(e)		1.25	(e)		1.25	(e)		6.59	(e)		—
Class R4		10.09		0.56			—		(0.32	)		0.24			(0.55	)		—			—		(0.55	)		(0.31	)		9.78		2.42	(f)		10		1.18	(e)		1.00	(e)		1.00	(e)		6.58	(e)		—
Class R5		10.09		0.58			—		(0.29	)		0.29			(0.57	)		—			—		(0.57	)		(0.28	)		9.81		2.90	(f)		205		0.86	(e)		0.85	(e)		0.85	(e)		6.81	(e)		—
For the Year Ended October 31, 2006
Class A		10.09		0.62			—		0.02			0.64			(0.62	)		—			—		(0.62	)		0.02			10.11		6.56			1,500,394		0.98			0.50			0.50			6.71			33
Class B		10.08		0.54			—		0.03			0.57			(0.54	)		—			—		(0.54	)		0.03			10.11		5.79			42,182		1.83			1.35			1.35			5.84			—
Class C		10.08		0.55			—		0.03			0.58			(0.55	)		—			—		(0.55	)		0.03			10.11		5.86			828,910		1.77			1.28			1.28			5.93			—
Class Y		10.08		0.66			—		0.02			0.68			(0.65	)		—			—		(0.65	)		0.03			10.11		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		10.11		0.12			—		—			0.12			(0.12	)		—			—		(0.12	)		—			10.11		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		10.00		0.22			—		0.08			0.30			(0.21	)		—			—		(0.21	)		0.09			10.09		3.06	(f)		169,485		1.03	(e)		0.29	(e)		0.29	(e)		5.68	(e)		15
Class B		10.00		0.19			—		0.08			0.27			(0.19	)		—			—		(0.19	)		0.08			10.08		2.66	(f)		5,659		1.89	(e)		1.04	(e)		1.04	(e)		4.91	(e)		—
Class C		10.00		0.18			—		0.09			0.27			(0.19	)		—			—		(0.19	)		0.08			10.08		2.67	(f)		92,710		1.79	(e)		1.02	(e)		1.02	(e)		5.03	(e)		—
Class Y		10.00		0.23			—		0.08			0.31			(0.23	)		—			—		(0.23	)		0.08			10.08		3.10	(f)		10,062		0.73	(e)		0.01	(e)		0.01	(e)		6.06	(e)		—
The Hartford Fundamental Growth Fund
For the Year Ended October 31, 2008
Class A		13.95		(0.01	)		—		(4.85	)		(4.86	)		—			(1.52	)		—		(1.52	)		(6.38	)		7.57		(38.66	)		23,989		1.48			1.45			1.45			(0.06	)		110
Class B		13.40		(0.09	)		—		(4.61	)		(4.70	)		—			(1.52	)		—		(1.52	)		(6.22	)		7.18		(39.11	)		6,254		2.30			2.19			2.19			(0.80	)		—
Class C		13.41		(0.09	)		—		(4.62	)		(4.71	)		—			(1.52	)		—		(1.52	)		(6.23	)		7.18		(39.16	)		8,276		2.21			2.20			2.20			(0.81	)		—
Class Y		14.27		—			—		(4.93	)		(4.93	)		—			(1.52	)		—		(1.52	)		(6.45	)		7.82		(38.24	)		10,872		0.96			0.96			0.96			0.36			—
For the Year Ended October 31, 2007
Class A		11.02		(0.04	)		0.04		2.93			2.93			—			—			—		—			2.93			13.95		26.59	(i)		39,831		1.50			1.47			1.47			(0.30	)		159
Class B		10.66		(0.14	)		0.04		2.84			2.74			—			—			—		—			2.74			13.40		25.70	(i)		12,307		2.30			2.22			2.22			(1.04	)		—
Class C		10.67		(0.13	)		0.04		2.83			2.74			—			—			—		—			2.74			13.41		25.68	(i)		13,703		2.22			2.20			2.20			(1.04	)		—
Class Y		11.22		0.02			0.04		2.99			3.05			—			—			—		—			3.05			14.27		27.18	(i)		390		1.02			1.02			1.02			0.17			—
For the Year Ended October 31, 2006
Class A		10.26		0.02			—		0.81			0.83			(0.07	)		—			—		(0.07	)		0.76			11.02		8.07			40,215		1.68			1.50			1.50			0.14			123
Class B		9.94		(0.06	)		—		0.78			0.72			—			—			—		—			0.72			10.66		7.24			13,162		2.47			2.25			2.25			(0.61	)		—
Class C		9.94		(0.07	)		—		0.80			0.73			—			—			—		—			0.73			10.67		7.34			13,065		2.39			2.25			2.25			(0.61	)		—
Class Y		10.44		0.04			—		0.85			0.89			(0.11	)		—			—		(0.11	)		0.78			11.22		8.57			487		1.18			1.07			1.07			0.56			—
For the Year Ended October 31, 2005
Class A		9.14		0.08			—		1.04			1.12			—			—			—		—			1.12			10.26		12.31			50,067		1.65			1.60	(i)		1.60	(i)		0.68			112
Class B		8.92		(0.01	)		—		1.03			1.02			—			—			—		—			1.02			9.94		11.44			15,156		2.45			2.35	(i)		2.35	(i)		(0.09	)		—
Class C		8.92		(0.01	)		—		1.03			1.02			—			—			—		—			1.02			9.94		11.44			16,737		2.36			2.35	(i)		2.35	(i)		(0.05	)		—

399

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Fundamental Growth Fund — (continued)
Class Y	$	9.28	$	0.13		$	—	$	1.06		$	1.19		$	(0.03	)	$	—		$	—	$	(0.03	)	$	1.16		$	10.44		12.86	%	$	473		1.16	%		1.16	(i)%		1.16	(i)%		1.27	%		—	%
For the Year Ended October 31, 2004
Class A		8.94		(0.02	)		—		0.22			0.20			—			—			—		—			0.20			9.14		2.24	(i)		67,212		1.62			1.62	(i)		1.62	(i)		(0.25	)		104
Class B		8.79		(0.10	)		—		0.23			0.13			—			—			—		—			0.13			8.92		1.48	(i)		18,610		2.36			2.35	(i)		2.35	(i)		(0.98	)		—
Class C		8.78		(0.10	)		0.01		0.23			0.14			—			—			—		—			0.14			8.92		1.59	(i)		23,901		2.28			2.28	(i)		2.28	(i)		(0.91	)		—
Class Y		9.04		0.03			—		0.21			0.24			—			—			—		—			0.24			9.28		2.65			815		1.11			1.11	(i)		1.11	(i)		0.27			—
The Hartford Global Communications Fund
For the Year Ended October 31, 2008
Class A		10.99		0.28			—		(5.39	)		(5.11	)		(0.01	)		(0.48	)		—		(0.49	)		(5.60	)		5.39		(48.60	)		14,567		1.66			1.60			1.60			2.75			66
Class B		10.61		0.20			—		(5.17	)		(4.97	)		—			(0.48	)		—		(0.48	)		(5.45	)		5.16		(49.00	)		2,920		2.53			2.24			2.24			2.10			—
Class C		10.59		0.21			—		(5.17	)		(4.96	)		—			(0.48	)		—		(0.48	)		(5.44	)		5.15		(49.00	)		4,274		2.37			2.35			2.35			1.90			—
Class Y		11.23		0.27			—		(5.45	)		(5.18	)		(0.05	)		(0.48	)		—		(0.53	)		(5.71	)		5.52		(48.34	)		459		1.11			1.11			1.11			2.79			—
For the Year Ended October 31, 2007
Class A		8.05		0.02			—		3.07			3.09			(0.13	)		(0.02	)		—		(0.15	)		2.94			10.99		39.03	(i)		29,950		1.61			1.60			1.60			0.30			102
Class B		7.81		(0.04	)		—		2.97			2.93			(0.11	)		(0.02	)		—		(0.13	)		2.80			10.61		38.02	(i)		6,161		2.49			2.30			2.30			(0.40	)		—
Class C		7.80		(0.01	)		—		2.93			2.92			(0.11	)		(0.02	)		—		(0.13	)		2.79			10.59		37.97	(i)		11,019		2.34			2.34			2.34			(0.47	)		—
Class Y		8.23		0.10			—		3.10			3.20			(0.18	)		(0.02	)		—		(0.20	)		3.00			11.23		39.58	(i)		1,006		1.11			1.11			1.11			0.88			—
For the Year Ended October 31, 2006
Class A		7.12		0.15			—		0.88			1.03			(0.10	)		—			—		(0.10	)		0.93			8.05		14.60			17,091		1.89			1.15			1.15			1.83			104
Class B		6.92		0.09			—		0.87			0.96			(0.07	)		—			—		(0.07	)		0.89			7.81		13.93			4,124		2.87			1.78			1.78			1.18			—
Class C		6.91		0.06			—		0.88			0.94			(0.05	)		—			—		(0.05	)		0.89			7.80		13.74			5,321		2.74			1.90			1.90			1.01			—
Class Y		7.27		0.17			—		0.92			1.09			(0.13	)		—			—		(0.13	)		0.96			8.23		15.14			992		1.41			0.75			0.75			2.09			—
For the Year Ended October 31, 2005
Class A		5.48		0.09			—		1.60			1.69			(0.05	)		—			—		(0.05	)		1.64			7.12		31.01			15,986		2.01			1.51			1.51			1.75			45
Class B		5.34		0.05			—		1.55			1.60			(0.02	)		—			—		(0.02	)		1.58			6.92		29.92			2,815		3.22			2.26			2.26			1.02			—
Class C		5.33		0.05			—		1.55			1.60			(0.02	)		—			—		(0.02	)		1.58			6.91		29.97			2,765		2.94			2.25			2.25			1.08			—
Class Y		5.60		0.02			—		1.73			1.75			(0.08	)		—			—		(0.08	)		1.67			7.27		31.36			638		1.36			1.06			1.06			2.10			—
For the Year Ended October 31, 2004 (h)
Class A		4.67		0.06			—		0.75			0.81			—			—			—		—			0.81			5.48		17.34			8,929		1.93			1.65			1.65			1.08			85
Class B		4.58		0.02			—		0.74			0.76			—			—			—		—			0.76			5.34		16.59			1,482		3.32			2.35			2.35			0.37			—
Class C		4.57		0.02			—		0.74			0.76			—			—			—		—			0.76			5.33		16.63			1,306		2.97			2.35			2.35			0.43			—
Class Y		4.74		0.09			—		0.77			0.86			—			—			—		—			0.86			5.60		18.14			170		1.30			1.20			1.20			1.69			—
The Hartford Global Equity Fund
From (commencement of operations) February 29, 2008, through October 31, 2008
Class A		10.00		0.05			—		(3.50	)		(3.45	)		—			—			—		—			(3.45	)		6.55		(34.50	)(f)		12,746		1.92	(e)		1.56	(e)		1.56	(e)		0.78	(e)		56
Class B		10.00		—			—		(3.49	)		(3.49	)		—			—			—		—			(3.49	)		6.51		(34.90	)(f)		223		2.70	(e)		2.34	(e)		2.34	(e)		0.03	(e)		—
Class C		10.00		—			—		(3.49	)		(3.49	)		—			—			—		—			(3.49	)		6.51		(34.90	)(f)		225		2.71	(e)		2.34	(e)		2.34	(e)		0.02	(e)		—
Class I		10.00		0.07			—		(3.51	)		(3.44	)		—			—			—		—			(3.44	)		6.56		(34.40	)(f)		199		1.67	(e)		1.31	(e)		1.31	(e)		1.06	(e)		—
Class R3		10.00		0.03			—		(3.50	)		(3.47	)		—			—			—		—			(3.47	)		6.53		(34.70	)(f)		196		2.36	(e)		1.90	(e)		1.90	(e)		0.47	(e)		—
Class R4		10.00		0.04			—		(3.50	)		(3.46	)		—			—			—		—			(3.46	)		6.54		(34.60	)(f)		196		2.06	(e)		1.65	(e)		1.65	(e)		0.72	(e)		—
Class R5		10.00		0.06			—		(3.51	)		(3.45	)		—			—			—		—			(3.45	)		6.55		(34.50	)(f)		196		1.76	(e)		1.40	(e)		1.40	(e)		0.97	(e)		—
Class Y		10.00		0.07			—		(3.51	)		(3.44	)		—			—			—		—			(3.44	)		6.56		(34.40	)(f)		197		1.66	(e)		1.30	(e)		1.30	(e)		1.07	(e)		—
The Hartford Global Financial Services Fund
For the Year Ended October 31, 2008 (h)
Class A		14.16		0.20			—		(5.76	)		(5.56	)		(0.14	)		(1.59	)		—		(1.73	)		(7.29	)		6.87		(44.03	)		16,849		1.64			1.60			1.60			2.10			132
Class B		13.87		0.16			—		(5.65	)		(5.49	)		(0.05	)		(1.59	)		—		(1.64	)		(7.13	)		6.74		(44.25	)		2,662		2.78			2.04			2.04			1.69			—
Class C		13.82		0.13			—		(5.61	)		(5.48	)		(0.06	)		(1.59	)		—		(1.65	)		(7.13	)		6.69		(44.39	)		4,267		2.48			2.35			2.35			1.43			—
Class Y		14.35		0.25			—		(5.84	)		(5.59	)		(0.18	)		(1.59	)		—		(1.77	)		(7.36	)		6.99		(43.70	)		1,340		1.17			1.17			1.17			2.59			—
For the Year Ended October 31, 2007
Class A		14.01		0.17			—		0.94			1.11			(0.11	)		(0.85	)		—		(0.96	)		0.15			14.16		8.42	(i)		24,420		1.61			1.60			1.60			1.31			104
Class B		13.74		0.10			—		0.90			1.00			(0.02	)		(0.85	)		—		(0.87	)		0.13			13.87		7.75	(i)		3,803		2.62			2.22			2.22			0.70			—
Class C		13.73		0.07			—		0.91			0.98			(0.04	)		(0.85	)		—		(0.89	)		0.09			13.82		7.57	(i)		5,164		2.43			2.35			2.35			0.58			—
Class Y		14.16		0.24			—		0.95			1.19			(0.15	)		(0.85	)		—		(1.00	)		0.19			14.35		8.91	(i)		1,506		1.14			1.14			1.14			1.85			—
For the Year Ended October 31, 2006
Class A		11.60		0.12			—		2.40			2.52			(0.11	)		—			—		(0.11	)		2.41			14.01		21.87			21,369		1.80			1.15			1.15			1.11			52
Class B		11.39		0.08			—		2.31			2.39			(0.04	)		—			—		(0.04	)		2.35			13.74		21.06			3,828		2.81			1.78			1.78			0.49			—
Class C		11.39		0.05			—		2.32			2.37			(0.03	)		—			—		(0.03	)		2.34			13.73		20.88			4,082		2.65			1.90			1.90			0.35			—

400


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Global Financial Services Fund — (continued)
Class Y	$	11.73	$	0.19		$	—	$	2.40		$	2.59		$	(0.16	)	$	—		$	—	$	(0.16	)	$	2.43		$	14.16		22.24	%	$	942		1.34	%		0.75	%		0.75	%		1.52	%		—	%
For the Year Ended October 31, 2005
Class A		10.44		0.11			—		1.18			1.29			(0.13	)		—			—		(0.13	)		1.16			11.60		12.39			13,958		1.88			1.51			1.51			0.91			33
Class B		10.26		0.01			—		1.18			1.19			(0.06	)		—			—		(0.06	)		1.13			11.39		11.58			3,147		2.91			2.28			2.28			0.15			—
Class C		10.26		0.02			—		1.17			1.19			(0.06	)		—			—		(0.06	)		1.13			11.39		11.58			2,769		2.77			2.27			2.27			0.16			—
Class Y		10.55		0.12			—		1.24			1.36			(0.18	)		—			—		(0.18	)		1.18			11.73		12.91			773		1.36			1.09			1.09			1.30			—
For the Year Ended October 31, 2004 (h)
Class A		9.71		0.12			—		0.69			0.81			(0.08	)		—			—		(0.08	)		0.73			10.44		8.42			12,910		1.78			1.65			1.65			1.17			85
Class B		9.55		0.05			—		0.69			0.74			(0.03	)		—			—		(0.03	)		0.71			10.26		7.71			3,043		2.80			2.35			2.35			0.44			—
Class C		9.55		0.05			—		0.69			0.74			(0.03	)		—			—		(0.03	)		0.71			10.26		7.71			2,459		2.68			2.35			2.35			0.44			—
Class Y		9.79		0.17			—		0.71			0.88			(0.12	)		—			—		(0.12	)		0.76			10.55		9.06			642		1.27			1.20			1.20			1.54			—
The Hartford Global Growth Fund
For the Year Ended October 31, 2008 (h)
Class A		24.97		(0.03	)		—		(11.78	)		(11.81	)		—			(2.66	)		—		(2.66	)		(14.47	)		10.50		(52.57	)		212,910		1.49			1.43			1.43			(0.18	)		82
Class B		23.27		(0.14	)		—		(10.83	)		(10.97	)		—			(2.66	)		—		(2.66	)		(13.63	)		9.64		(52.83	)		23,614		2.42			2.01			2.01			(0.79	)		—
Class C		23.40		(0.16	)		—		(10.90	)		(11.06	)		—			(2.66	)		—		(2.66	)		(13.72	)		9.68		(52.94	)		30,334		2.16			2.16			2.16			(0.92	)		—
Class R3		26.02		(0.08	)		—		(12.31	)		(12.39	)		—			(2.66	)		—		(2.66	)		(15.05	)		10.97		(52.69	)		10		1.88			1.73			1.73			(0.42	)		—
Class R4		26.09		(0.05	)		—		(12.37	)		(12.42	)		—			(2.66	)		—		(2.66	)		(15.08	)		11.01		(52.66	)		7		1.58			1.43			1.43			(0.57	)		—
Class R5		26.15		0.05			—		(12.44	)		(12.39	)		—			(2.66	)		—		(2.66	)		(15.05	)		11.10		(52.40	)		12		1.06			1.06			1.06			0.26			—
Class Y		26.19		0.07			—		(12.46	)		(12.39	)		—			(2.66	)		—		(2.66	)		(15.05	)		11.14		(52.31	)		135,673		0.90			0.90			0.90			0.36			—
For the Year Ended October 31, 2007
Class A		19.35		(0.14	)		0.05		6.69			6.60			—			(0.98	)		—		(0.98	)		5.62			24.97		35.85	(i)		492,466		1.48			1.48			1.48			(0.62	)		85
Class B		18.23		(0.32	)		0.06		6.28			6.02			—			(0.98	)		—		(0.98	)		5.04			23.27		34.81	(i)		78,931		2.40			2.19			2.19			(1.33	)		—
Class C		18.31		(0.28	)		0.05		6.30			6.07			—			(0.98	)		—		(0.98	)		5.09			23.40		34.94	(i)		75,742		2.15			2.15			2.15			(1.29	)		—
Class Y		20.14		—			0.06		6.97			7.03			—			(0.98	)		—		(0.98	)		6.05			26.19		36.61	(i)		195,998		0.89			0.89			0.89			(0.01	)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		20.00		(0.14	)		—		6.16			6.02			—			—			—		—			6.02			26.02		30.10	(f)		13		1.65	(e)		1.65	(e)		1.65	(e)		(0.78	)(e)		—
Class R4		20.00		(0.09	)		—		6.18			6.09			—			—			—		—			6.09			26.09		30.45	(f)		13		1.34	(e)		1.34	(e)		1.34	(e)		(0.47	)(e)		—
Class R5		20.00		(0.03	)		—		6.18			6.15			—			—			—		—			6.15			26.15		30.75	(f)		13		1.05	(e)		1.05	(e)		1.05	(e)		(0.17	)(e)		—
For the Year Ended October 31, 2006 (h)
Class A		16.80		(0.05	)		—		2.81			2.76			(0.02	)		(0.19	)		—		(0.21	)		2.55			19.35		16.58			417,840		1.53			1.48			1.48			(0.25	)		125
Class B		15.93		(0.17	)		—		2.66			2.49			—			(0.19	)		—		(0.19	)		2.30			18.23		15.80			74,805		2.44			2.18			2.18			(0.95	)		—
Class C		16.01		(0.17	)		—		2.66			2.49			—			(0.19	)		—		(0.19	)		2.30			18.31		15.72			66,121		2.20			2.20			2.20			(0.98	)		—
Class Y		17.46		0.06			—		2.91			2.97			(0.10	)		(0.19	)		—		(0.29	)		2.68			20.14		17.25			169,270		0.93			0.93			0.93			0.31			—
For the Year Ended October 31, 2005
Class A		16.49		0.08			—		0.23			0.31			—			—			—		—			0.31			16.80		1.88			419,648		1.58			1.48			1.48			0.41			270
Class B		15.77		(0.08	)		—		0.24			0.16			—			—			—		—			0.16			15.93		1.02			78,986		2.51			2.35			2.35			(0.45	)		—
Class C		15.84		(0.06	)		—		0.23			0.17			—			—			—		—			0.17			16.01		1.07			71,623		2.25			2.25			2.25			(0.34	)		—
Class Y		17.06		0.13			—		0.27			0.40			—			—			—		—			0.40			17.46		2.34			83,896		0.97			0.97			0.97			0.87			—
For the Year Ended October 31, 2004
Class A		13.96		(0.06	)		—		2.59			2.53			—			—			—		—			2.53			16.49		18.12			466,013		1.62			1.62			1.62			(0.36	)		271
Class B		13.45		(0.17	)		—		2.49			2.32			—			—			—		—			2.32			15.77		17.25			90,179		2.52			2.35			2.35			(1.09	)		—
Class C		13.49		(0.15	)		—		2.50			2.35			—			—			—		—			2.35			15.84		17.42			87,518		2.24			2.24			2.24			(0.98	)		—
Class Y		14.34		0.03			—		2.69			2.72			—			—			—		—			2.72			17.06		18.97			58,791		0.93			0.93			0.93			0.31			—
The Hartford Global Health Fund
For the Year Ended October 31, 2008
Class A		18.85		(0.03	)		—		(4.83	)		(4.86	)		—			(1.30	)		—		(1.30	)		(6.16	)		12.69		(27.59	)		299,699		1.41			1.41			1.41			(0.18	)		67
Class B		17.67		(0.18	)		—		(4.45	)		(4.63	)		—			(1.30	)		—		(1.30	)		(5.93	)		11.74		(28.17	)		45,475		2.32			2.24			2.24			(1.02	)		—
Class C		17.71		(0.14	)		—		(4.49	)		(4.63	)		—			(1.30	)		—		(1.30	)		(5.93	)		11.78		(28.10	)		93,208		2.15			2.15			2.15			(0.92	)		—
Class I		18.96		0.01			—		(4.86	)		(4.85	)		—			(1.30	)		—		(1.30	)		(6.15	)		12.81		(27.36	)		43,036		1.11			1.11			1.11			0.10			—
Class R3		19.59		(0.03	)		—		(5.07	)		(5.10	)		—			(1.30	)		—		(1.30	)		(6.40	)		13.19		(27.78	)		503		1.91			1.85			1.85			(0.67	)		—
Class R4		19.66		—			—		(5.07	)		(5.07	)		—			(1.30	)		—		(1.30	)		(6.37	)		13.29		(27.52	)		3,921		1.35			1.35			1.35			(0.02	)		—
Class R5		19.70		0.03			—		(5.05	)		(5.02	)		—			(1.30	)		—		(1.30	)		(6.32	)		13.38		(27.18	)		1,449		1.05			1.05			1.05			0.27			—
Class Y		19.74		0.05			—		(5.09	)		(5.04	)		—			(1.30	)		—		(1.30	)		(6.34	)		13.40		(27.23	)		155,104		0.95			0.95			0.95			0.28			—
For the Year Ended October 31, 2007
Class A		17.84		(0.04	)		—		1.73			1.69			—			(0.68	)		—		(0.68	)		1.01			18.85		9.96	(i)		509,341		1.41			1.41			1.41			(0.25	)		41
Class B		16.92		(0.20	)		—		1.63			1.43			—			(0.68	)		—		(0.68	)		0.75			17.67		8.92	(i)		82,932		2.30			2.29			2.29			(1.15	)		—

401

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Global Health Fund — (continued)
Class C	$	16.93	$	(0.15	)	$	—	$	1.61		$	1.46		$	—		$	(0.68	)	$	—	$	(0.68	)	$	0.78		$	17.71		9.11	(i)%	$	137,101		2.15	%		2.15	%		2.15	%		(0.99	)%		—	%
Class I		17.86		0.01			—		1.77			1.78			—			(0.68	)		—		(0.68	)		1.10			18.96		10.48	(i)		15,017		1.07			1.07			1.07			0.08			—
Class Y		18.57		0.04			—		1.81			1.85			—			(0.68	)		—		(0.68	)		1.17			19.74		10.45	(i)		213,110		0.95			0.95			0.95			0.20			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		18.27		(0.02	)		—		1.34			1.32			—			—			—		—			1.32			19.59		7.22	(f)		112		1.75	(e)		1.75	(e)		1.75	(e)		(0.50	)(e)		—
Class R4		18.27		—			—		1.39			1.39			—			—			—		—			1.39			19.66		7.61	(f)		494		1.41	(e)		1.41	(e)		1.41	(e)		—	(e)		—
Class R5		18.27		—			—		1.43			1.43			—			—			—		—			1.43			19.70		7.83	(f)		434		1.14	(e)		1.14	(e)		1.14	(e)		—	(e)		—
For the Year Ended October 31, 2006
Class A		16.50		(0.07	)		—		2.41			2.34			—			(1.00	)		—		(1.00	)		1.34			17.84		14.96			370,285		1.61			1.60			1.60			(0.53	)		30
Class B		15.81		(0.20	)		—		2.31			2.11			—			(1.00	)		—		(1.00	)		1.11			16.92		14.10			80,574		2.45			2.32			2.32			(1.27	)		—
Class C		15.81		(0.18	)		—		2.30			2.12			—			(1.00	)		—		(1.00	)		1.12			16.93		14.17			97,956		2.31			2.31			2.31			(1.25	)		—
Class Y		17.05		(0.01	)		—		2.53			2.52			—			(1.00	)		—		(1.00	)		1.52			18.57		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		17.34		—			—		0.52			0.52			—			—			—		—			0.52			17.86		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		15.00		(0.08	)		—		2.35			2.27			—			(0.77	)		—		(0.77	)		1.50			16.50		15.67			209,835		1.71			1.60			1.60			(0.55	)		50
Class B		14.50		(0.20	)		—		2.28			2.08			—			(0.77	)		—		(0.77	)		1.31			15.81		14.86			71,204		2.52			2.35			2.35			(1.30	)		—
Class C		14.51		(0.19	)		—		2.26			2.07			—			(0.77	)		—		(0.77	)		1.30			15.81		14.78			72,546		2.36			2.35			2.35			(1.30	)		—
Class Y		15.41		(0.01	)		—		2.42			2.41			—			(0.77	)		—		(0.77	)		1.64			17.05		16.19			169,698		1.08			1.08			1.08			(0.12	)		—
For the Year Ended October 31, 2004
Class A		13.80		(0.10	)		—		1.36			1.26			—			(0.06	)		—		(0.06	)		1.20			15.00		9.21			170,672		1.81			1.65			1.65			(0.68	)		41
Class B		13.43		(0.20	)		—		1.33			1.13			—			(0.06	)		—		(0.06	)		1.07			14.50		8.49			66,035		2.55			2.35			2.35			(1.38	)		—
Class C		13.44		(0.20	)		—		1.33			1.13			—			(0.06	)		—		(0.06	)		1.07			14.51		8.49			61,390		2.37			2.35			2.35			(1.38	)		—
Class Y		14.09		(0.02	)		—		1.40			1.38			—			(0.06	)		—		(0.06	)		1.32			15.41		9.88			1,299		1.12			1.12			1.12			(0.14	)		—
The Hartford Global Technology Fund
For the Year Ended October 31, 2008
Class A		7.23		(0.04	)		—		(3.35	)		(3.39	)		—			—			—		—			(3.39	)		3.84		(46.89	)		21,246		1.84			1.40			1.40			(0.56	)		160
Class B		6.85		(0.08	)		—		(3.15	)		(3.23	)		—			—			—		—			(3.23	)		3.62		(47.15	)		5,603		2.78			1.96			1.96			(1.13	)		—
Class C		6.82		(0.08	)		—		(3.15	)		(3.23	)		—			—			—		—			(3.23	)		3.59		(47.36	)		7,537		2.46			2.27			2.27			(1.44	)		—
Class Y		7.45		(0.02	)		—		(3.46	)		(3.48	)		—			—			—		—			(3.48	)		3.97		(46.71	)		995		1.08			1.08			1.08			(0.26	)		—
For the Year Ended October 31, 2007
Class A		5.67		(0.05	)		—		1.61			1.56			—			—			—		—			1.56			7.23		27.51	(i)		46,765		1.84			1.44			1.44			(0.87	)		146
Class B		5.41		(0.09	)		—		1.53			1.44			—			—			—		—			1.44			6.85		26.62	(i)		14,552		2.74			2.05			2.05			(1.47	)		—
Class C		5.40		(0.10	)		—		1.52			1.42			—			—			—		—			1.42			6.82		26.30	(i)		15,462		2.47			2.31			2.31			(1.75	)		—
Class Y		5.82		(0.03	)		—		1.66			1.63			—			—			—		—			1.63			7.45		28.01	(i)		2,710		1.10			1.10			1.10			(0.53	)		—
For the Year Ended October 31, 2006
Class A		4.97		(0.04	)		—		0.74			0.70			—			—			—		—			0.70			5.67		14.08			33,424		2.10			1.36			1.36			(0.78	)		144
Class B		4.77		(0.08	)		—		0.72			0.64			—			—			—		—			0.64			5.41		13.42			12,729		2.96			1.99			1.99			(1.41	)		—
Class C		4.77		(0.09	)		—		0.72			0.63			—			—			—		—			0.63			5.40		13.21			11,521		2.71			2.24			2.24			(1.67	)		—
Class Y		5.09		(0.03	)		—		0.76			0.73			—			—			—		—			0.73			5.82		14.34			1,137		1.26			1.20			1.20			(0.62	)		—
For the Year Ended October 31, 2005
Class A		4.42		—			—		0.55			0.55			—			—			—		—			0.55			4.97		12.44			27,620		2.22			1.60			1.60			—			132
Class B		4.28		(0.04	)		—		0.53			0.49			—			—			—		—			0.49			4.77		11.45			12,409		3.05			2.35			2.35			(0.79	)		—
Class C		4.28		(0.04	)		—		0.53			0.49			—			—			—		—			0.49			4.77		11.45			10,712		2.75			2.35			2.35			(0.65	)		—
Class Y		4.51		0.03			—		0.55			0.58			—			—			—		—			0.58			5.09		12.86			938		1.22			1.20			1.20			0.58			—
For the Year Ended October 31, 2004
Class A		4.68		(0.07	)		—		(0.19	)		(0.26	)		—			—			—		—			(0.26	)		4.42		(5.56	)		31,418		2.14			1.65			1.65			(1.37	)		165
Class B		4.56		(0.10	)		—		(0.18	)		(0.28	)		—			—			—		—			(0.28	)		4.28		(6.14	)		12,978		2.96			2.35			2.35			(2.07	)		—
Class C		4.56		(0.11	)		—		(0.17	)		(0.28	)		—			—			—		—			(0.28	)		4.28		(6.14	)		13,891		2.62			2.35			2.35			(2.07	)		—
Class Y		4.75		(0.04	)		—		(0.20	)		(0.24	)		—			—			—		—			(0.24	)		4.51		(5.05	)		1,186		1.15			1.15			1.15			(0.85	)		—
The Hartford Growth Allocation Fund (g)
For the Year Ended October 31, 2008
Class A		14.51		0.14			—		(4.81	)		(4.67	)		(0.47	)		(0.79	)		—		(1.26	)		(5.93	)		8.58		(35.00	)		329,312		0.59			0.59			0.59			1.06			13
Class B		14.37		0.03			—		(4.74	)		(4.71	)		(0.39	)		(0.79	)		—		(1.18	)		(5.89	)		8.48		(35.52	)		89,717		1.41			1.41			1.41			0.26			—
Class C		14.37		0.04			—		(4.75	)		(4.71	)		(0.39	)		(0.79	)		—		(1.18	)		(5.89	)		8.48		(35.50	)		148,584		1.34			1.34			1.34			0.34			—
Class I		14.49		0.37			—		(4.98	)		(4.61	)		(0.52	)		(0.79	)		—		(1.31	)		(5.92	)		8.57		(34.75	)		1,310		0.23			0.23			0.23			0.97			—
Class R3		14.46		0.18			—		(4.87	)		(4.69	)		(0.47	)		(0.79	)		—		(1.26	)		(5.95	)		8.51		(35.32	)		49		1.06			1.06			1.06			0.34			—

402


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Growth Allocation Fund (g) — (continued)
Class R4	$	14.51	$	0.43		$	—	$	(5.08	)	$	(4.65	)	$	(0.51	)	$	(0.79	)	$	—	$	(1.30	)	$	(5.95	)	$	8.56		(34.95	)%	$	4,825		0.59	%		0.59	%		0.59	%		0.17	%		—	%
Class R5		14.54		0.46			—		(5.09	)		(4.63	)		(0.52	)		(0.79	)		—		(1.31	)		(5.94	)		8.60		(34.78	)		2,917		0.30			0.30			0.30			0.63			—
For the Year Ended October 31, 2007
Class A		12.66		0.14			—		2.23			2.37			(0.24	)		(0.28	)		—		(0.52	)		1.85			14.51		19.35			503,345		0.60			0.60			0.60			0.93			39
Class B		12.57		0.04			—		2.21			2.25			(0.17	)		(0.28	)		—		(0.45	)		1.80			14.37		18.40			143,140		1.41			1.32			1.32			0.22			—
Class C		12.57		0.05			—		2.20			2.25			(0.17	)		(0.28	)		—		(0.45	)		1.80			14.37		18.44			238,997		1.34			1.31			1.31			0.25			—
Class I		12.67		0.26			—		2.14			2.40			(0.30	)		(0.28	)		—		(0.58	)		1.82			14.49		19.71			804		0.23			0.23			0.23			0.58			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		12.59		(0.02	)		—		1.89			1.87			—			—			—		—			1.87			14.46		14.85	(f)		53		0.95	(e)		0.93	(e)		0.93	(e)		(0.26	)(e)		—
Class R4		12.59		—			—		1.92			1.92			—			—			—		—			1.92			14.51		15.25	(f)		325		0.66	(e)		0.65	(e)		0.65	(e)		(0.01	)(e)		—
Class R5		12.59		—			—		1.95			1.95			—			—			—		—			1.95			14.54		15.49	(f)		782		0.38	(e)		0.38	(e)		0.38	(e)		0.25	(e)		—
For the Year Ended October 31, 2006
Class A		11.27		0.07			—		1.46			1.53			(0.13	)		(0.01	)		—		(0.14	)		1.39			12.66		13.64			370,088		0.69			0.67			0.67			0.49			13
Class B		11.19		0.03			—		1.42			1.45			(0.06	)		(0.01	)		—		(0.07	)		1.38			12.57		12.96			107,818		1.51			1.32			1.32			(0.15	)		—
Class C		11.19		0.03			—		1.42			1.45			(0.06	)		(0.01	)		—		(0.07	)		1.38			12.57		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		12.16		(0.01	)		—		0.52			0.51			—			—			—		—			0.51			12.67		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		10.36		0.05			—		0.89			0.94			(0.03	)		—			—		(0.03	)		0.91			11.27		9.12			205,331		0.72			0.64			0.64			0.42			1
Class B		10.34		(0.01	)		—		0.87			0.86			(0.01	)		—			—		(0.01	)		0.85			11.19		8.37			65,739		1.53			1.29			1.29			(0.23	)		—
Class C		10.33		(0.01	)		—		0.88			0.87			(0.01	)		—			—		(0.01	)		0.86			11.19		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		10.00		—			—		0.36			0.36			—			—			—		—			0.36			10.36		3.60	(f)		43,279		0.72	(e)		0.63	(e)		0.63	(e)		0.13	(e)		—
Class B		10.00		(0.01	)		—		0.35			0.34			—			—			—		—			0.34			10.34		3.40	(f)		14,177		1.52	(e)		1.28	(e)		1.28	(e)		(0.53	)(e)		—
Class C		10.00		(0.01	)		—		0.34			0.33			—			—			—		—			0.33			10.33		3.30	(f)		21,221		1.44	(e)		1.28	(e)		1.28	(e)		(0.52	)(e)		—
The Hartford Growth Fund
For the Year Ended October 31, 2008 (h)
Class A		21.25		(0.05	)		—		(8.03	)		(8.08	)		—			(1.58	)		—		(1.58	)		(9.66	)		11.59		(40.77	)		292,129		1.27			1.27			1.27			(0.27	)		106
Class B		18.39		(0.13	)		—		(6.85	)		(6.98	)		—			(1.58	)		—		(1.58	)		(8.56	)		9.83		(41.16	)		19,936		2.24			1.91			1.91			(0.91	)		—
Class C		18.45		(0.14	)		—		(6.87	)		(7.01	)		—			(1.58	)		—		(1.58	)		(8.59	)		9.86		(41.19	)		46,757		1.97			1.97			1.97			(0.96	)		—
Class I		21.34		0.02			—		(8.09	)		(8.07	)		—			(1.58	)		—		(1.58	)		(9.65	)		11.69		(40.53	)		48,174		0.89			0.89			0.89			0.14			—
Class L		21.60		—			—		(8.19	)		(8.19	)		—			(1.58	)		—		(1.58	)		(9.77	)		11.83		(40.61	)		170,321		1.05			1.03			1.03			(0.03	)		—
Class R3		21.76		(0.08	)		—		(8.24	)		(8.32	)		—			(1.58	)		—		(1.58	)		(9.90	)		11.86		(40.93	)		53		1.71			1.55			1.55			(0.51	)		—
Class R4		21.82		(0.03	)		—		(8.27	)		(8.30	)		—			(1.58	)		—		(1.58	)		(9.88	)		11.94		(40.70	)		1,394		1.20			1.20			1.20			(0.17	)		—
Class R5		21.87		0.02			—		(8.31	)		(8.29	)		—			(1.58	)		—		(1.58	)		(9.87	)		12.00		(40.56	)		51		0.92			0.92			0.92			0.09			—
Class Y		21.90		0.04			—		(8.33	)		(8.29	)		—			(1.58	)		—		(1.58	)		(9.87	)		12.03		(40.50	)		116,109		0.80			0.80			0.80			0.21			—
For the Year Ended October 31, 2007
Class A		18.45		(0.07	)		—		4.17			4.10			—			(1.30	)		—		(1.30	)		2.80			21.25		23.92	(i)		627,677		1.27			1.27			1.27			(0.35	)		89
Class B		16.25		(0.21	)		—		3.65			3.44			—			(1.30	)		—		(1.30	)		2.14			18.39		23.02	(i)		41,359		2.22			2.09			2.09			(1.17	)		—
Class C		16.29		(0.19	)		—		3.65			3.46			—			(1.30	)		—		(1.30	)		2.16			18.45		23.10	(i)		85,303		1.98			1.98			1.98			(1.06	)		—
Class I		18.46		—			—		4.18			4.18			—			(1.30	)		—		(1.30	)		2.88			21.34		24.37	(i)		35,626		0.91			0.91			0.91			0.02			—
Class L (k)		18.69		(0.05	)		—		4.26			4.21			—			(1.30	)		—		(1.30	)		2.91			21.60		24.22	(i)		323,581		1.06			1.05			1.05			(0.27	)		—
Class Y		18.89		0.02			—		4.29			4.31			—			(1.30	)		—		(1.30	)		3.01			21.90		24.52	(i)		103,251		0.81			0.81			0.81			0.10			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		18.15		(0.08	)		—		3.69			3.61			—			—			—		—			3.61			21.76		19.89	(f)		16		1.56	(e)		1.56	(e)		1.56	(e)		(0.67	)(e)		—
Class R4		18.15		(0.01	)		—		3.68			3.67			—			—			—		—			3.67			21.82		20.22	(f)		282		1.17	(e)		1.17	(e)		1.17	(e)		(0.28	)(e)		—
Class R5		18.15		—			—		3.72			3.72			—			—			—		—			3.72			21.87		20.50	(f)		63		0.90	(e)		0.90	(e)		0.90	(e)		(0.01	)(e)		—
For the Year Ended October 31, 2006
Class A		17.32		(0.07	)		—		1.20			1.13			—			—			—		—			1.13			18.45		6.52			707,000		1.34			1.33			1.33			(0.38	)		92
Class B		15.38		(0.20	)		—		1.07			0.87			—			—			—		—			0.87			16.25		5.66			44,064		2.22			2.09			2.09			(1.14	)		—
Class C		15.40		(0.18	)		—		1.07			0.89			—			—			—		—			0.89			16.29		5.78			85,469		2.02			2.02			2.02			(1.07	)		—
Class L		17.50		(0.02	)		—		1.21			1.19			—			—			—		—			1.19			18.69		6.80			274,890		1.05			1.05			1.05			(0.10	)		—
Class Y		17.65		0.01			—		1.23			1.24			—			—			—		—			1.24			18.89		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		17.64		—			—		0.82			0.82			—			—			—		—			0.82			18.46		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		16.19		(0.04	)		—		1.17			1.13			—			—			—		—			1.13			17.32		6.98			635,057		1.40			1.33			1.33			(0.30	)		77

403

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Growth Fund — (continued)
Class B	$	14.49	$	(0.15	)	$	—	$	1.04		$	0.89		$	—		$	—		$	—	$	—		$	0.89		$	15.38		6.14	%	$	46,251		2.27	%		2.15	%		2.15	%		(1.09	)%		—	%
Class C		14.50		(0.13	)		—		1.03			0.90			—			—			—		—			0.90			15.40		6.21			82,481		2.05			2.05			2.05			(1.01	)		—
Class L		16.32		0.01			—		1.17			1.18			—			—			—		—			1.18			17.50		7.23			295,731		1.06			1.06			1.06			0.05			—
Class Y		16.42		0.01			—		1.22			1.23			—			—			—		—			1.23			17.65		7.49			52,992		0.85			0.85			0.85			0.10			—
For the Year Ended October 31, 2004
Class A		15.19		(0.08	)		—		1.08			1.00			—			—			—		—			1.00			16.19		6.58			384,160		1.55			1.45			1.45			(0.84	)		66
Class B		13.70		(0.15	)		—		0.94			0.79			—			—			—		—			0.79			14.49		5.77			32,440		2.33			2.15			2.15			(1.54	)		—
Class C		13.70		(0.12	)		—		0.92			0.80			—			—			—		—			0.80			14.50		5.84			47,575		2.07			2.07			2.07			(1.45	)		—
Class L		15.26		(0.08	)		—		1.14			1.06			—			—			—		—			1.06			16.32		6.95			310,084		1.08			1.08			1.08			(0.48	)		—
Class Y		15.31		—			—		1.11			1.11			—			—			—		—			1.11			16.42		7.25			11,926		0.87			0.87			0.87			(0.18	)		—
The Hartford Growth Opportunities Fund
For the Year Ended October 31, 2008 (h)
Class A		38.24		(0.05	)		—		(15.21	)		(15.26	)		—			(4.38	)		—		(4.38	)		(19.64	)		18.60		(44.66	)		1,145,281		1.31			1.31			1.31			(0.19	)		142
Class B		32.23		(0.22	)		—		(12.47	)		(12.69	)		—			(4.38	)		—		(4.38	)		(17.07	)		15.16		(45.07	)		38,167		2.13			2.05			2.05			(0.93	)		—
Class C		32.27		(0.19	)		—		(12.49	)		(12.68	)		—			(4.38	)		—		(4.38	)		(17.06	)		15.21		(44.97	)		201,128		1.93			1.93			1.93			(0.81	)		—
Class I		38.39		0.07			—		(15.25	)		(15.18	)		(0.09	)		(4.38	)		—		(4.47	)		(19.65	)		18.74		(44.35	)		118,918		0.86			0.86			0.86			0.25			—
Class L		38.91		0.03			—		(15.53	)		(15.50	)		(0.01	)		(4.38	)		—		(4.39	)		(19.89	)		19.02		(44.50	)		398,391		1.02			1.01			1.01			0.11			—
Class R3		39.18		(0.11	)		—		(15.61	)		(15.72	)		—			(4.38	)		—		(4.38	)		(20.10	)		19.08		(44.77	)		5,391		1.52			1.52			1.52			(0.39	)		—
Class R4		39.33		(0.02	)		—		(15.68	)		(15.70	)		(0.06	)		(4.38	)		—		(4.44	)		(20.14	)		19.19		(44.60	)		19,129		1.19			1.19			1.19			(0.08	)		—
Class R5		39.39		0.06			—		(15.72	)		(15.66	)		(0.07	)		(4.38	)		—		(4.45	)		(20.11	)		19.28		(44.41	)		3,169		0.93			0.93			0.93			0.22			—
Class Y		39.43		0.10			—		(15.76	)		(15.66	)		(0.08	)		(4.38	)		—		(4.46	)		(20.12	)		19.31		(44.38	)		133,048		0.78			0.78			0.78			0.34			—
For the Year Ended October 31, 2007
Class A		29.33		(0.03	)		0.01		11.05			11.03			—			(2.12	)		—		(2.12	)		8.91			38.24		40.39	(i)		989,969		1.42			1.31			1.31			(0.12	)		120
Class B		25.23		(0.20	)		0.01		9.31			9.12			—			(2.12	)		—		(2.12	)		7.00			32.23		39.29	(i)		56,396		2.18			2.11			2.11			(0.88	)		—
Class C		25.24		(0.10	)		—		9.25			9.15			—			(2.12	)		—		(2.12	)		7.03			32.27		39.40	(i)		201,274		1.98			1.98			1.98			(0.82	)		—
Class I		29.34		0.01			—		11.16			11.17			—			(2.12	)		—		(2.12	)		9.05			38.39		40.89	(i)		40,678		0.86			0.86			0.86			0.09			—
Class L (l)		29.73		0.04			0.01		11.25			11.30			—			(2.12	)		—		(2.12	)		9.18			38.91		40.77	(i)		789,757		1.05			1.04			1.04			0.12			—
Class Y (l)		30.04		0.15			0.01		11.35			11.51			—			(2.12	)		—		(2.12	)		9.39			39.43		41.07	(i)		138,065		0.80			0.80			0.80			0.53			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		29.39		(0.08	)		—		9.87			9.79			—			—			—		—			9.79			39.18		33.31	(f)		323		1.58	(e)		1.58	(e)		1.58	(e)		(0.69	)(e)		—
Class R4		29.39		(0.01	)		—		9.95			9.94			—			—			—		—			9.94			39.33		33.82	(f)		3,402		1.23	(e)		1.23	(e)		1.23	(e)		(0.18	)(e)		—
Class R5		29.39		—			—		10.00			10.00			—			—			—		—			10.00			39.39		34.03	(f)		81		0.92	(e)		0.92	(e)		0.92	(e)		0.01	(e)		—
For the Year Ended October 31, 2006
Class A		27.84		(0.07	)		—		3.59			3.52			—			(2.03	)		—		(2.03	)		1.49			29.33		13.35			420,220		1.60			1.20			1.20			(0.31	)		131
Class B		24.42		(0.25	)		—		3.09			2.84			—			(2.03	)		—		(2.03	)		0.81			25.23		12.36			33,670		2.26			2.08			2.08			(1.18	)		—
Class C		24.42		(0.23	)		—		3.08			2.85			—			(2.03	)		—		(2.03	)		0.82			25.24		12.40			47,366		2.09			2.07			2.07			(1.17	)		—
Class L		28.17		(0.06	)		—		3.65			3.59			—			(2.03	)		—		(2.03	)		1.56			29.73		13.45			570,541		1.07			1.07			1.07			(0.18	)		—
Class Y		28.37		0.02			—		3.68			3.70			—			(2.03	)		—		(2.03	)		1.67			30.04		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		27.95		(0.01	)		—		1.40			1.39			—			—			—		—			1.39			29.34		4.97	(f)		74		1.15	(e)		1.11	(e)		1.11	(e)		(0.43	)(e)		—
For the Year Ended October 31, 2005
Class A		23.49		(0.06	)		—		4.41			4.35			—			—			—		—			4.35			27.84		18.52			222,682		1.54			1.36			1.36			(0.45	)		156
Class B		20.77		(0.25	)		—		3.90			3.65			—			—			—		—			3.65			24.42		17.57			20,002		2.39			2.15			2.15			(1.27	)		—
Class C		20.77		(0.25	)		—		3.90			3.65			—			—			—		—			3.65			24.42		17.57			18,842		2.13			2.13			2.13			(1.26	)		—
Class L		23.71		(0.06	)		—		4.52			4.46			—			—			—		—			4.46			28.17		18.81			556,462		1.09			1.09			1.09			(0.22	)		—
Class Y		23.82		—			—		4.55			4.55			—			—			—		—			4.55			28.37		19.10			28,441		0.88			0.88			0.88			—			—
For the Year Ended October 31, 2004
Class A		21.25		(0.17	)		—		2.41			2.24			—			—			—		—			2.24			23.49		10.54			54,652		1.52			1.45			1.45			(0.94	)		130
Class B		18.91		(0.26	)		—		2.12			1.86			—			—			—		—			1.86			20.77		9.84			11,518		2.45			2.14			2.14			(1.64	)		—
Class C		18.91		(0.28	)		—		2.14			1.86			—			—			—		—			1.86			20.77		9.84			11,899		2.11			2.11			2.11			(1.61	)		—
Class L		21.36		(0.14	)		—		2.49			2.35			—			—			—		—			2.35			23.71		11.00			518,009		1.08			1.08			1.08			(0.58	)		—
Class Y		21.42		(0.01	)		—		2.41			2.40			—			—			—		—			2.40			23.82		11.20			4,792		0.82			0.82			0.82			(0.33	)		—
The Hartford High Yield Fund
For the Year Ended October 31, 2008 (h)
Class A		7.92		0.58			—		(2.40	)		(1.82	)		(0.58	)		—			—		(0.58	)		(2.40	)		5.52		(24.40	)		117,343		1.30			1.15			1.15			8.07			111
Class B		7.91		0.53			—		(2.41	)		(1.88	)		(0.52	)		—			—		(0.52	)		(2.40	)		5.51		(25.00	)		17,838		2.13			1.87			1.87			7.34			—
Class C		7.91		0.53			—		(2.41	)		(1.88	)		(0.52	)		—			—		(0.52	)		(2.40	)		5.51		(25.01	)		21,634		1.97			1.90			1.90			7.30			—

404


	*— Selected Per-Share Data (a) —*																											*— Ratios and Supplemental Data —*
																																	*Ratio of*			*Ratio of*			*Ratio of*
																																	*Expenses*			*Expenses*			*Expenses*
																																	*to Average*			*to Average*			*to Average*
																																	*Net Assets*			*Net Assets*			*Net Assets*
							*Net*																										*Before*			*After*			*After*
							*Realized*																*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
							*and*									*Distributions*							*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*				*Unrealized*			*Total*			*Dividends*			*from*							*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*		*Payments*		*Gain*			*from*			*from Net*			*Realized*		*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*		*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*		*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*		*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*		*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford High Yield Fund — (continued)
Class I	$	7.93	$	0.60	$	—	$	(2.40	)	$	(1.80	)	$	(0.60	)	$	—	$	—	$	(0.60	)	$	(2.40	)	$	5.53		(24.11	)%	$	777		0.82	%		0.82	%		0.82	%		8.82	%		—	%
Class R3		7.93		0.56		—		(2.41	)		(1.85	)		(0.56	)		—		—		(0.56	)		(2.41	)		5.52		(24.70	)		14		1.63			1.40			1.40			7.93			—
Class R4		7.93		0.59		—		(2.41	)		(1.82	)		(0.58	)		—		—		(0.58	)		(2.40	)		5.53		(24.32	)		8		1.19			1.10			1.10			8.15			—
Class R5		7.93		0.60		—		(2.40	)		(1.80	)		(0.60	)		—		—		(0.60	)		(2.40	)		5.53		(24.16	)		8		0.90			0.90			0.90			8.35			—
Class Y		7.93		0.60		—		(2.40	)		(1.80	)		(0.60	)		—		—		(0.60	)		(2.40	)		5.53		(24.09	)		13,394		0.79			0.79			0.79			8.57			—
For the Year Ended October 31, 2007
Class A		7.93		0.58		—		(0.01	)		0.57			(0.58	)		—		—		(0.58	)		(0.01	)		7.92		7.36			171,505		1.36			1.15			1.15			7.26			145
Class B		7.92		0.52		—		(0.01	)		0.51			(0.52	)		—		—		(0.52	)		(0.01	)		7.91		6.56			31,591		2.17			1.90			1.90			6.51			—
Class C		7.92		0.53		—		(0.01	)		0.52			(0.53	)		—		—		(0.53	)		(0.01	)		7.91		6.63			35,066		2.03			1.83			1.83			6.58			—
Class Y		7.92		0.71		—		(0.09	)		0.62			(0.61	)		—		—		(0.61	)		0.01			7.93		7.96			4,897		0.87			0.67			0.67			7.62			—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		8.25		0.26		—		(0.33	)		(0.07	)		(0.25	)		—		—		(0.25	)		(0.32	)		7.93		(0.76	)(f)		149		0.95	(e)		0.75	(e)		0.75	(e)		8.07	(e)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		8.04		0.48		—		(0.13	)		0.35			(0.46	)		—		—		(0.46	)		(0.11	)		7.93		4.49	(f)		10		1.66	(e)		1.40	(e)		1.40	(e)		6.99	(e)		—
Class R4		8.04		0.50		—		(0.13	)		0.37			(0.48	)		—		—		(0.48	)		(0.11	)		7.93		4.75	(f)		10		1.34	(e)		1.10	(e)		1.10	(e)		7.29	(e)		—
Class R5		8.04		0.52		—		(0.13	)		0.39			(0.50	)		—		—		(0.50	)		(0.11	)		7.93		4.96	(f)		11		1.06	(e)		0.85	(e)		0.85	(e)		7.54	(e)		—
For the Year Ended October 31, 2006
Class A		7.76		0.54		—		0.18			0.72			(0.55	)		—		—		(0.55	)		0.17			7.93		9.57			190,479		1.36			1.20			1.20			6.87			147
Class B		7.74		0.48		—		0.19			0.67			(0.49	)		—		—		(0.49	)		0.18			7.92		8.90			37,189		2.17			1.95			1.95			6.10			—
Class C		7.75		0.49		—		0.17			0.66			(0.49	)		—		—		(0.49	)		0.17			7.92		8.84			39,991		2.04			1.89			1.89			6.15			—
Class Y		7.75		0.58		—		0.17			0.75			(0.58	)		—		—		(0.58	)		0.17			7.92		10.11			24,374		0.88			0.73			0.73			7.33			—
For the Year Ended October 31, 2005
Class A		8.18		0.48		—		(0.40	)		0.08			(0.50	)		—		—		(0.50	)		(0.42	)		7.76		0.97			188,599		1.33			1.33			1.33			5.86			113
Class B		8.17		0.42		—		(0.41	)		0.01			(0.44	)		—		—		(0.44	)		(0.43	)		7.74		0.08			47,071		2.12			2.10			2.10			5.09			—
Class C		8.17		0.42		—		(0.39	)		0.03			(0.45	)		—		—		(0.45	)		(0.42	)		7.75		0.30			50,945		2.00			2.00			2.00			5.18			—
Class Y		8.17		0.52		—		(0.40	)		0.12			(0.54	)		—		—		(0.54	)		(0.42	)		7.75		1.43			25,974		0.87			0.87			0.87			6.40			—
For the Year Ended October 31, 2004 (h)
Class A		7.94		0.48		—		0.23			0.71			(0.47	)		—		—		(0.47	)		0.24			8.18		9.26	(i)		247,364		1.35			1.35			1.35			6.03			86
Class B		7.93		0.43		—		0.22			0.65			(0.41	)		—		—		(0.41	)		0.24			8.17		8.45	(i)		63,972		2.07			2.07			2.07			5.32			—
Class C		7.93		0.43		0.01		0.22			0.66			(0.42	)		—		—		(0.42	)		0.24			8.17		8.54	(i)		71,673		1.98			1.98			1.98			5.40			—
Class Y		7.94		0.39		—		0.36			0.75			(0.52	)		—		—		(0.52	)		0.23			8.17		9.72			16,410		0.84			0.84			0.84			6.13			—
The Hartford High Yield Municipal Bond Fund
For the Year Ended October 31, 2008
Class A		9.46		0.49		—		(2.19	)		(1.70	)		(0.49	)		—		—		(0.49	)		(2.19	)		7.27		(18.60	)		171,281		0.92			0.40			0.40			5.61			65
Class B		9.46		0.42		—		(2.19	)		(1.77	)		(0.43	)		—		—		(0.43	)		(2.20	)		7.26		(19.36	)		4,664		1.73			1.19			1.19			4.81			—
Class C		9.46		0.42		—		(2.18	)		(1.76	)		(0.43	)		—		—		(0.43	)		(2.19	)		7.27		(19.24	)		76,650		1.70			1.17			1.17			4.86			—
Class I		9.47		0.51		—		(2.19	)		(1.68	)		(0.52	)		—		—		(0.52	)		(2.20	)		7.27		(18.50	)		54,029		0.69			0.17			0.17			5.84			—
From (date shares became available to public) May 31, 2007, through October 31, 2007 (m)
Class A		10.00		0.20		—		(0.54	)		(0.34	)		(0.20	)		—		—		(0.20	)		(0.54	)		9.46		(3.41	)(f)		46,261		1.03	(e)		0.25	(e)		0.25	(e)		4.83	(e)		23
Class B		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—		—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		1,333		1.82	(e)		1.00	(e)		1.00	(e)		4.05	(e)		—
Class C		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—		—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		11,236		1.81	(e)		1.00	(e)		1.00	(e)		4.19	(e)		—
Class I		10.00		0.21		—		(0.53	)		(0.32	)		(0.21	)		—		—		(0.21	)		(0.53	)		9.47		(3.21	)(f)		6,879		0.80	(e)		0.00	(e)		0.00	(e)		5.22	(e)		—
The Hartford Income Allocation Fund (g)
For the Year Ended October 31, 2008
Class A		9.87		0.48		—		(1.48	)		(1.00	)		(0.47	)		—		—		(0.47	)		(1.47	)		8.40		(10.60	)		36,145		0.69			0.57			0.57			4.95			42
Class B		9.86		0.40		—		(1.47	)		(1.07	)		(0.40	)		—		—		(0.40	)		(1.47	)		8.39		(11.28	)		5,432		1.52			1.32			1.32			4.20			—
Class C		9.86		0.40		—		(1.47	)		(1.07	)		(0.40	)		—		—		(0.40	)		(1.47	)		8.39		(11.27	)		11,030		1.46			1.32			1.32			4.20			—
Class I		9.87		0.50		—		(1.47	)		(0.97	)		(0.50	)		—		—		(0.50	)		(1.47	)		8.40		(10.37	)		630		0.42			0.32			0.32			5.20			—
Class R3		9.87		0.43		—		(1.46	)		(1.03	)		(0.44	)		—		—		(0.44	)		(1.47	)		8.40		(10.93	)		18		1.17			0.96			0.96			4.59			—
Class R4		9.86		0.46		—		(1.47	)		(1.01	)		(0.46	)		—		—		(0.46	)		(1.47	)		8.39		(10.68	)		1,128		0.75			0.67			0.67			4.85			—
Class R5		9.87		0.47		—		(1.45	)		(0.98	)		(0.49	)		—		—		(0.49	)		(1.47	)		8.40		(10.39	)		82		0.52			0.38			0.38			5.24			—
For the Year Ended October 31, 2007
Class A		9.89		0.44		—		(0.02	)		0.42			(0.44	)		—		—		(0.44	)		(0.02	)		9.87		4.37			34,347		0.78			0.57			0.57			4.59			35
Class B		9.88		0.38		—		(0.03	)		0.35			(0.37	)		—		—		(0.37	)		(0.02	)		9.86		3.64			5,754		1.58			1.27			1.27			3.83			—
Class C		9.88		0.38		—		(0.03	)		0.35			(0.37	)		—		—		(0.37	)		(0.02	)		9.86		3.64			8,697		1.55			1.27			1.27			3.84			—
Class I		9.89		0.44		—		0.01			0.45			(0.47	)		—		—		(0.47	)		(0.02	)		9.87		4.66			1,122		0.49			0.32			0.32			5.12			—

405

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																												*— Ratios and Supplemental Data —*
																																		*Ratio of*			*Ratio of*			*Ratio of*
																																		*Expenses*			*Expenses*			*Expenses*
																																		*to Average*			*to Average*			*to Average*
																																		*Net Assets*			*Net Assets*			*Net Assets*
							*Net*																											*Before*			*After*			*After*
							*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
							*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*				*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*		*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*		*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*		*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Income Allocation Fund (g) — (continued)
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3	$	9.91	$	0.35	$	—	$	(0.04	)	$	0.31		$	(0.35	)	$	—		$	—	$	(0.35	)	$	(0.04	)	$	9.87		3.20	(f)%	$	10		1.18	(e)%		0.96	(e)%		0.96	(e)%		4.19	(e)%		—	%
Class R4		9.91		0.38		—		(0.05	)		0.33			(0.38	)		—			—		(0.38	)		(0.05	)		9.86		3.39	(f)		96		0.84	(e)		0.66	(e)		0.66	(e)		4.56	(e)		—
Class R5		9.91		0.41		—		(0.05	)		0.36			(0.40	)		—			—		(0.40	)		(0.04	)		9.87		3.72	(f)		10		0.58	(e)		0.36	(e)		0.36	(e)		4.79	(e)		—
For the Year Ended October 31, 2006
Class A		9.89		0.42		—		0.03			0.45			(0.43	)		(0.02	)		—		(0.45	)		—			9.89		4.64			25,383		0.80			0.61			0.61			4.32			38
Class B		9.88		0.35		—		0.03			0.38			(0.36	)		(0.02	)		—		(0.38	)		—			9.88		3.91			5,516		1.59			1.31			1.31			3.56			—
Class C		9.88		0.35		—		0.03			0.38			(0.36	)		(0.02	)		—		(0.38	)		—			9.88		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		9.84		0.06		—		0.05			0.11			(0.06	)		—			—		(0.06	)		0.05			9.89		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		10.15		0.36		—		(0.26	)		0.10			(0.36	)		—			—		(0.36	)		(0.26	)		9.89		1.01			19,445		0.76			0.56			0.56			3.75			30
Class B		10.14		0.29		—		(0.26	)		0.03			(0.29	)		—			—		(0.29	)		(0.26	)		9.88		0.29			4,778		1.56			1.26			1.26			3.09			—
Class C		10.14		0.30		—		(0.27	)		0.03			(0.29	)		—			—		(0.29	)		(0.26	)		9.88		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		10.00		0.09		—		0.15			0.24			(0.09	)		—			—		(0.09	)		0.15			10.15		2.42	(f)		10,539		0.73	(e)		0.56	(e)		0.56	(e)		3.21	(e)		3
Class B		10.00		0.07		—		0.14			0.21			(0.07	)		—			—		(0.07	)		0.14			10.14		2.08	(f)		1,690		1.63	(e)		1.26	(e)		1.26	(e)		2.56	(e)		—
Class C		10.00		0.07		—		0.14			0.21			(0.07	)		—			—		(0.07	)		0.14			10.14		2.08	(f)		4,880		1.48	(e)		1.26	(e)		1.26	(e)		2.59	(e)		—
The Hartford Income Fund
For the Year Ended October 31, 2008
Class A		10.14		0.54		—		(1.87	)		(1.33	)		(0.53	)		—			—		(0.53	)		(1.86	)		8.28		(13.71	)		81,569		1.02			0.95			0.95			5.53			177
Class B		10.14		0.47		—		(1.87	)		(1.40	)		(0.46	)		—			—		(0.46	)		(1.86	)		8.28		(14.36	)		7,779		1.91			1.70			1.70			4.79			—
Class C		10.16		0.47		—		(1.87	)		(1.40	)		(0.46	)		—			—		(0.46	)		(1.86	)		8.30		(14.34	)		13,007		1.76			1.70			1.70			4.79			—
Class Y		10.12		0.57		—		(1.86	)		(1.29	)		(0.56	)		—			—		(0.56	)		(1.85	)		8.27		(13.37	)		139,935		0.63			0.63			0.63			5.85			—
For the Year Ended October 31, 2007
Class A		10.33		0.57		—		(0.19	)		0.38			(0.57	)		—			—		(0.57	)		(0.19	)		10.14		3.77			98,047		1.08			0.95			0.95			5.72			147
Class B		10.33		0.50		—		(0.20	)		0.30			(0.49	)		—			—		(0.49	)		(0.19	)		10.14		3.00			9,837		1.95			1.70			1.70			4.92			—
Class C		10.35		0.50		—		(0.19	)		0.31			(0.50	)		—			—		(0.50	)		(0.19	)		10.16		3.01			14,263		1.82			1.70			1.70			4.92			—
Class Y		10.32		0.60		—		(0.20	)		0.40			(0.60	)		—			—		(0.60	)		(0.20	)		10.12		3.97			213,417		0.68			0.68			0.68			5.95			—
For the Year Ended October 31, 2006
Class A		10.24		0.54		—		0.08			0.62			(0.53	)		—			—		(0.53	)		0.09			10.33		6.24			37,168		1.21			0.95			0.95			5.35			175
Class B		10.24		0.46		—		0.08			0.54			(0.45	)		—			—		(0.45	)		0.09			10.33		5.45			7,224		2.06			1.70			1.70			4.60			—
Class C		10.26		0.46		—		0.08			0.54			(0.45	)		—			—		(0.45	)		0.09			10.35		5.44			8,101		1.96			1.70			1.70			4.61			—
Class Y		10.24		0.56		—		0.08			0.64			(0.56	)		—			—		(0.56	)		0.08			10.32		6.41			60,690		0.78			0.70			0.70			5.63			—
For the Year Ended October 31, 2005
Class A		10.72		0.51		—		(0.44	)		0.07			(0.51	)		(0.04	)		—		(0.55	)		(0.48	)		10.24		0.70			28,942		1.20			0.95			0.95			4.80			188
Class B		10.72		0.43		—		(0.43	)		—			(0.44	)		(0.04	)		—		(0.48	)		(0.48	)		10.24		(0.04	)		5,973		2.06			1.70			1.70			4.05			—
Class C		10.74		0.43		—		(0.43	)		—			(0.44	)		(0.04	)		—		(0.48	)		(0.48	)		10.26		(0.03	)		5,142		1.96			1.70			1.70			4.05			—
Class Y		10.72		0.52		—		(0.42	)		0.10			(0.54	)		(0.04	)		—		(0.58	)		(0.48	)		10.24		0.98			16,431		0.79			0.70			0.70			5.16			—
For the Year Ended October 31, 2004
Class A		10.53		0.48		—		0.22			0.70			(0.51	)		—			—		(0.51	)		0.19			10.72		6.85			29,580		1.14			1.00			1.00			4.60			167
Class B		10.53		0.42		—		0.21			0.63			(0.44	)		—			—		(0.44	)		0.19			10.72		6.10			5,541		1.95			1.70			1.70			3.90			—
Class C		10.55		0.41		—		0.22			0.63			(0.44	)		—			—		(0.44	)		0.19			10.74		6.09			5,562		1.88			1.70			1.70			3.90			—
From inception November 28, 2003, through October 31, 2004
Class Y		10.54		0.48		—		0.20			0.68			(0.50	)		—			—		(0.50	)		0.18			10.72		6.57	(f)		10		0.73	(e)		0.70	(e)		0.70	(e)		4.89	(e)		—
The Hartford Inflation Plus Fund
For the Year Ended October 31, 2008
Class A		10.66		0.60		—		(0.87	)		(0.27	)		(0.61	)		—			—		(0.61	)		(0.88	)		9.78		(3.08	)		307,863		1.01			0.91			0.85			5.60			437
Class B		10.64		0.53		—		(0.88	)		(0.35	)		(0.53	)		—			—		(0.53	)		(0.88	)		9.76		(3.81	)		75,789		1.80			1.66			1.60			4.82			—
Class C		10.63		0.52		—		(0.87	)		(0.35	)		(0.53	)		—			—		(0.53	)		(0.88	)		9.75		(3.82	)		241,305		1.75			1.66			1.60			4.86			—
Class I		10.68		0.62		—		(0.85	)		(0.23	)		(0.64	)		—			—		(0.64	)		(0.87	)		9.81		(2.74	)		27,135		0.75			0.65			0.60			5.28			—
Class R3		10.67		0.53		—		(0.85	)		(0.32	)		(0.57	)		—			—		(0.57	)		(0.89	)		9.78		(3.56	)		216		1.43			1.30			1.25			5.63			—
Class R4		10.67		0.57		—		(0.86	)		(0.29	)		(0.59	)		—			—		(0.59	)		(0.88	)		9.79		(3.23	)		17		1.12			1.06			1.00			5.29			—
Class R5		10.68		0.58		—		(0.83	)		(0.25	)		(0.63	)		—			—		(0.63	)		(0.88	)		9.80		(2.94	)		28		0.75			0.75			0.70			4.92			—
Class Y		10.69		0.66		—		(0.91	)		(0.25	)		(0.64	)		—			—		(0.64	)		(0.89	)		9.80		(2.90	)		138,292		0.65			0.65			0.60			5.85			—
For the Year Ended October 31, 2007
Class A		10.44		0.39		—		0.21			0.60			(0.38	)		—			—		(0.38	)		0.22			10.66		5.86			184,558		1.22			1.03			0.85			3.09			608

406


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The The Hartford Inflation Plus Fund — (continued)
Class B	$	10.45	$	0.29		$	—	$	0.23		$	0.52		$	(0.33	)	$	—		$	—	$	(0.33	)	$	0.19		$	10.64		5.05	%	$	68,593		2.01	%		1.78	%		1.60	%		2.51	%		—	%
Class C		10.44		0.29			—		0.23			0.52			(0.33	)		—			—		(0.33	)		0.19			10.63		5.05			159,067		1.97			1.78			1.60			2.31			—
Class I		10.44		0.31			—		0.32			0.63			(0.39	)		—			—		(0.39	)		0.24			10.68		6.22			3,501		0.71			0.61			0.58			2.85			—
Class Y		10.45		0.38			—		0.26			0.64			(0.40	)		—			—		(0.40	)		0.24			10.69		6.23			164,155		0.82			0.72			0.56			3.71			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.41		0.39			—		0.22			0.61			(0.35	)		—			—		(0.35	)		0.26			10.67		5.98	(f)		10		1.59	(e)		1.40	(e)		1.23	(e)		4.36	(e)		—
Class R4		10.41		0.41			—		0.22			0.63			(0.37	)		—			—		(0.37	)		0.26			10.67		6.15	(f)		10		1.28	(e)		1.15	(e)		0.99	(e)		4.61	(e)		—
Class R5		10.41		0.43			—		0.22			0.65			(0.38	)		—			—		(0.38	)		0.27			10.68		6.42	(f)		11		0.99	(e)		0.89	(e)		0.72	(e)		4.86	(e)		—
For the Year Ended October 31, 2006
Class A		10.67		0.49			—		(0.26	)		0.23			(0.43	)		(0.03	)		—		(0.46	)		(0.23	)		10.44		2.29			282,362		1.02			0.95			0.95			4.50			193
Class B		10.68		0.40			—		(0.25	)		0.15			(0.35	)		(0.03	)		—		(0.38	)		(0.23	)		10.45		1.51			92,340		1.82			1.70			1.70			3.76			—
Class C		10.67		0.40			—		(0.25	)		0.15			(0.35	)		(0.03	)		—		(0.38	)		(0.23	)		10.44		1.51			247,091		1.78			1.70			1.70			3.72			—
Class Y		10.68		0.51			—		(0.25	)		0.26			(0.46	)		(0.03	)		—		(0.49	)		(0.23	)		10.45		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		10.48		0.05			—		(0.05	)		—			(0.04	)		—			—		(0.04	)		(0.04	)		10.44		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		10.95		0.41			—		(0.18	)		0.23			(0.42	)		(0.09	)		—		(0.51	)		(0.28	)		10.67		2.10			414,778		1.00			0.95			0.95			3.88			71
Class B		10.96		0.33			—		(0.18	)		0.15			(0.34	)		(0.09	)		—		(0.43	)		(0.28	)		10.68		1.33			119,302		1.81			1.70			1.70			3.09			—
Class C		10.96		0.33			—		(0.19	)		0.14			(0.34	)		(0.09	)		—		(0.43	)		(0.29	)		10.67		1.24			373,750		1.76			1.70			1.70			3.12			—
Class Y		10.97		0.47			—		(0.22	)		0.25			(0.45	)		(0.09	)		—		(0.54	)		(0.29	)		10.68		2.29			95,947		0.68			0.68			0.68			4.42			—
For the Year Ended October 31, 2004
Class A		10.63		0.30			—		0.37			0.67			(0.31	)		(0.04	)		—		(0.35	)		0.32			10.95		6.39			313,961		1.04			1.00			1.00			3.04			81
Class B		10.64		0.22			—		0.37			0.59			(0.23	)		(0.04	)		—		(0.27	)		0.32			10.96		5.65			107,964		1.81			1.70			1.70			2.21			—
Class C		10.63		0.23			—		0.37			0.60			(0.23	)		(0.04	)		—		(0.27	)		0.33			10.96		5.74			319,990		1.76			1.70			1.70			2.33			—
From inception November 28, 2003, through October 31, 2004
Class Y		10.57		0.28			—		0.44			0.72			(0.32	)		—			—		(0.32	)		0.40			10.97		6.89	(f)		23,045		0.65	(e)		0.65	(e)		0.65	(e)		1.55	(e)		—
The Hartford International Growth Fund
For the Year Ended October 31, 2008 (h)
Class A		18.93		0.05			—		(9.50	)		(9.45	)		—			(2.41	)		—		(2.41	)		(11.86	)		7.07		(56.94	)		181,826		1.48			1.48			1.48			0.36			359
Class B		18.08		(0.05	)		—		(8.97	)		(9.02	)		—			(2.41	)		—		(2.41	)		(11.43	)		6.65		(57.28	)		19,208		2.39			2.25			2.25			(0.40	)		—
Class C		18.10		(0.05	)		—		(8.98	)		(9.03	)		—			(2.41	)		—		(2.41	)		(11.44	)		6.66		(57.27	)		24,658		2.21			2.21			2.21			(0.37	)		—
Class I		18.79		0.01			—		(9.35	)		(9.34	)		—			(2.41	)		—		(2.41	)		(11.75	)		7.04		(56.75	)		86,331		1.03			1.03			1.03			0.13			—
Class R3		19.24		0.01			—		(9.66	)		(9.65	)		—			(2.41	)		—		(2.41	)		(12.06	)		7.18		(57.08	)		293		1.89			1.85			1.85			0.09			—
Class R4		19.30		0.02			—		(9.68	)		(9.66	)		—			(2.41	)		—		(2.41	)		(12.07	)		7.23		(56.94	)		139		1.47			1.47			1.47			0.15			—
Class R5		19.35		0.10			—		(9.76	)		(9.66	)		—			(2.41	)		—		(2.41	)		(12.07	)		7.28		(56.77	)		6		1.08			1.08			1.08			0.76			—
Class Y		19.38		0.12			—		(9.79	)		(9.67	)		—			(2.41	)		—		(2.41	)		(12.08	)		7.30		(56.72	)		54,257		0.99			0.99			0.99			0.92			—
For the Year Ended October 31, 2007 (h)
Class A		14.93		0.02			—		5.35			5.37			(0.01	)		(1.36	)		—		(1.37	)		4.00			18.93		39.31	(i)		431,193		1.49			1.49			1.49			0.14			242
Class B		14.42		(0.11	)		—		5.13			5.02			—			(1.36	)		—		(1.36	)		3.66			18.08		38.11	(i)		51,577		2.36			2.33			2.33			(0.73	)		—
Class C		14.42		(0.09	)		—		5.13			5.04			—			(1.36	)		—		(1.36	)		3.68			18.10		38.27	(i)		65,982		2.20			2.20			2.20			(0.61	)		—
Class I		14.94		(0.01	)		—		5.40			5.39			(0.18	)		(1.36	)		—		(1.54	)		3.85			18.79		39.73	(i)		3,543		1.12			1.12			1.12			(0.06	)		—
Class Y		15.17		0.02			—		5.55			5.57			—			(1.36	)		—		(1.36	)		4.21			19.38		40.01	(i)		76,429		1.03			1.03			1.03			0.17			—
From (commencement of operations) December 22, 2006, through October 31, 2007 (h)
Class R3		14.79		(0.02	)		—		4.47			4.45			—			—			—		—			4.45			19.24		30.09	(f)		15		1.83	(e)		1.83	(e)		1.83	(e)		(0.15	)(e)		—
Class R4		14.79		0.03			—		4.48			4.51			—			—			—		—			4.51			19.30		30.49	(f)		13		1.46	(e)		1.46	(e)		1.46	(e)		0.25	(e)		—
Class R5		14.79		0.07			—		4.49			4.56			—			—			—		—			4.56			19.35		30.83	(f)		13		1.17	(e)		1.17	(e)		1.17	(e)		0.51	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		12.14		0.02			—		2.96			2.98			(0.05	)		(0.14	)		—		(0.19	)		2.79			14.93		24.85			213,186		1.70			1.60			1.60			0.12			165
Class B		11.77		(0.08	)		—		2.87			2.79			—			(0.14	)		—		(0.14	)		2.65			14.42		23.95			33,252		2.56			2.30			2.30			(0.59	)		—
Class C		11.77		(0.09	)		—		2.88			2.79			—			(0.14	)		—		(0.14	)		2.65			14.42		23.95			43,336		2.40			2.35			2.35			(0.65	)		—
Class Y		12.33		0.06			—		3.02			3.08			(0.10	)		(0.14	)		—		(0.24	)		2.84			15.17		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		14.34		(0.02	)		—		0.62			0.60			—			—			—		—			0.60			14.94		4.18	(f)		10		1.53	(e)		1.35	(e)		1.35	(e)		(0.49	)(e)		—
For the Year Ended October 31, 2005
Class A		11.59		0.07			—		0.48			0.55			—			—			—		—			0.55			12.14		4.74			131,430		1.77			1.60			1.60			0.66			183
Class B		11.32		(0.01	)		—		0.46			0.45			—			—			—		—			0.45			11.77		3.98			22,304		2.66			2.35			2.35			(0.09	)		—
Class C		11.32		(0.01	)		—		0.46			0.45			—			—			—		—			0.45			11.77		3.98			29,486		2.49			2.35			2.35			(0.07	)		—

407

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford International Growth Fund — (continued)
Class Y	$	11.72	$	0.08		$	—	$	0.53		$	0.61		$	—		$	—		$	—	$	—		$	0.61		$	12.33		5.20	%	$	74,651		1.22	%		1.20	%		1.20	%		0.98	%		—	%
For the Year Ended October 31, 2004 (h)
Class A		9.62		(0.01	)		—		2.03			2.02			—			(0.05	)		—		(0.05	)		1.97			11.59		21.14			50,051		1.91			1.65			1.65			(0.10	)		200
Class B		9.46		(0.08	)		—		1.99			1.91			—			(0.05	)		—		(0.05	)		1.86			11.32		20.33			8,968		2.83			2.35			2.35			(0.80	)		—
Class C		9.46		(0.08	)		—		1.99			1.91			—			(0.05	)		—		(0.05	)		1.86			11.32		20.33			12,906		2.63			2.35			2.35			(0.79	)		—
Class Y		9.69		(0.01	)		—		2.09			2.08			—			(0.05	)		—		(0.05	)		2.03			11.72		21.61			28,775		1.31			1.20			1.20			(0.09	)		—
The Hartford International Opportunities Fund
For the Year Ended October 31, 2008 (h)
Class A		21.79		0.19			—		(8.49	)		(8.30	)		(0.06	)		(3.20	)		—		(3.26	)		(11.56	)		10.23		(44.50	)		151,147		1.47			1.47			1.47			1.23			150
Class B		20.34		0.07			—		(7.81	)		(7.74	)		—			(3.20	)		—		(3.20	)		(10.94	)		9.40		(44.86	)		17,068		2.45			2.11			2.11			0.50			—
Class C		20.16		0.08			—		(7.75	)		(7.67	)		—			(3.20	)		—		(3.20	)		(10.87	)		9.29		(44.92	)		23,743		2.20			2.20			2.20			0.54			—
Class R3		22.33		0.18			—		(8.77	)		(8.59	)		(0.03	)		(3.20	)		—		(3.23	)		(11.82	)		10.51		(44.70	)		74		1.99			1.79			1.79			1.13			—
Class R4		22.39		0.05			—		(8.59	)		(8.54	)		(0.07	)		(3.20	)		—		(3.27	)		(11.81	)		10.58		(44.39	)		1,003		1.52			1.52			1.52			0.54			—
Class R5		22.45		0.25			—		(8.78	)		(8.53	)		(0.12	)		(3.20	)		—		(3.32	)		(11.85	)		10.60		(44.32	)		10		1.10			1.10			1.10			1.57			—
Class Y		22.48		0.29			—		(8.81	)		(8.52	)		(0.14	)		(3.20	)		—		(3.34	)		(11.86	)		10.62		(44.22	)		71,555		0.94			0.94			0.94			1.74			—
From (commencement of operations) May 30, 2008, through October 31, 2008 (h)
Class I		17.53		0.06			—		(7.34	)		(7.28	)		—			—			—		—			(7.28	)		10.25		(41.53	)(f)		143		1.00	(e)		1.00	(e)		1.00	(e)		1.19	(e)		—
For the Year Ended October 31, 2007
Class A		16.13		0.05			—		6.10			6.15			(0.06	)		(0.43	)		—		(0.49	)		5.66			21.79		39.15	(i)		241,239		1.49			1.49			1.49			0.31			147
Class B		15.14		(0.07	)		—		5.70			5.63			—			(0.43	)		—		(0.43	)		5.20			20.34		38.17	(i)		37,545		2.46			2.18			2.18			(0.39	)		—
Class C		15.01		(0.07	)		—		5.65			5.58			—			(0.43	)		—		(0.43	)		5.15			20.16		38.17	(i)		31,076		2.21			2.21			2.21			(0.42	)		—
Class Y		16.67		0.05			—		6.39			6.44			(0.20	)		(0.43	)		—		(0.63	)		5.81			22.48		39.91	(i)		127,314		0.95			0.95			0.95			0.84			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		17.07		0.06			—		5.20			5.26			—			—			—		—			5.26			22.33		30.81	(f)		28		1.71	(e)		1.71	(e)		1.71	(e)		0.40	(e)		—
Class R4		17.07		0.09			—		5.23			5.32			—			—			—		—			5.32			22.39		31.17	(f)		13		1.41	(e)		1.41	(e)		1.41	(e)		0.53	(e)		—
Class R5		17.07		0.13			—		5.25			5.38			—			—			—		—			5.38			22.45		31.52	(f)		13		1.11	(e)		1.11	(e)		1.11	(e)		0.83	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		13.13		0.13			—		2.92			3.05			(0.05	)		—			—		(0.05	)		3.00			16.13		23.25			159,087		1.61			1.57			1.57			0.84			102
Class B		12.35		0.03			—		2.76			2.79			—			—			—		—			2.79			15.14		22.59			29,125		2.56			2.15			2.15			0.24			—
Class C		12.27		0.01			—		2.73			2.74			—			—			—		—			2.74			15.01		22.33			20,782		2.33			2.33			2.33			0.06			—
Class Y		13.55		0.25			—		2.98			3.23			(0.11	)		—			—		(0.11	)		3.12			16.67		24.00			43,994		1.02			1.02			1.02			1.56			—
For the Year Ended October 31, 2005
Class A		11.22		0.05			—		1.86			1.91			—			—			—		—			1.91			13.13		17.02			102,393		1.72			1.57			1.57			0.42			119
Class B		10.64		(0.04	)		—		1.75			1.71			—			—			—		—			1.71			12.35		16.07			23,940		2.68			2.35			2.35			(0.36	)		—
Class C		10.57		(0.04	)		—		1.74			1.70			—			—			—		—			1.70			12.27		16.08			16,896		2.42			2.35			2.35			(0.37	)		—
Class Y		11.53		0.12			—		1.90			2.02			—			—			—		—			2.02			13.55		17.52			5,612		1.05			1.05			1.05			0.94			—
For the Year Ended October 31, 2004
Class A		9.66		0.03			—		1.54			1.57			(0.01	)		—			—		(0.01	)		1.56			11.22		16.20			87,348		1.83			1.65			1.65			0.33			143
Class B		9.22		(0.05	)		—		1.47			1.42			—			—			—		—			1.42			10.64		15.40			23,301		2.77			2.35			2.35			(0.39	)		—
Class C		9.16		(0.05	)		—		1.46			1.41			—			—			—		—			1.41			10.57		15.39			15,749		2.48			2.35			2.35			(0.38	)		—
Class Y		9.91		0.11			—		1.56			1.67			(0.05	)		—			—		(0.05	)		1.62			11.53		16.87			4,288		1.09			1.08			1.08			0.82			—
The Hartford International Small Company Fund
For the Year Ended October 31, 2008 (h)
Class A		17.99		0.10			—		(8.53	)		(8.43	)		(0.16	)		(1.95	)		—		(2.11	)		(10.54	)		7.45		(52.67	)		48,739		1.52			1.52			1.52			0.79			121
Class B		17.35		0.02			—		(8.20	)		(8.18	)		(0.06	)		(1.95	)		—		(2.01	)		(10.19	)		7.16		(52.96	)		7,392		2.53			2.13			2.13			0.18			—
Class C		17.16		—			—		(8.08	)		(8.08	)		(0.07	)		(1.95	)		—		(2.02	)		(10.10	)		7.06		(53.00	)		10,563		2.28			2.28			2.28			0.02			—
Class I		18.02		0.11			—		(8.48	)		(8.37	)		(0.23	)		(1.95	)		—		(2.18	)		(10.55	)		7.47		(52.43	)		1,497		1.16			1.16			1.16			1.23			—
Class Y		18.26		0.18			—		(8.66	)		(8.48	)		(0.23	)		(1.95	)		—		(2.18	)		(10.66	)		7.60		(52.32	)		55,020		1.01			1.01			1.01			1.36			—
For the Year Ended October 31, 2007
Class A		16.19		0.03			—		3.92			3.95			(0.15	)		(2.00	)		—		(2.15	)		1.80			17.99		27.90			153,290		1.49			1.49			1.49			0.33			96
Class B		15.72		(0.05	)		—		3.76			3.71			(0.08	)		(2.00	)		—		(2.08	)		1.63			17.35		26.97			19,562		2.44			2.26			2.26			(0.47	)		—
Class C		15.55		(0.02	)		—		3.69			3.67			(0.06	)		(2.00	)		—		(2.06	)		1.61			17.16		26.98			33,033		2.23			2.23			2.23			(0.43	)		—
Class Y		16.37		0.02			—		4.06			4.08			(0.19	)		(2.00	)		—		(2.19	)		1.89			18.26		28.48			132,411		1.01			1.01			1.01			0.75			—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		17.10		0.02			—		0.90			0.92			—			—			—		—			0.92			18.02		5.38	(f)		174		1.19	(e)		1.19	(e)		1.19	(e)		0.77	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		14.27		0.08			—		3.62			3.70			(0.25	)		(1.53	)		—		(1.78	)		1.92			16.19		29.36			69,998		1.74			1.60			1.60			0.56			107

408


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford International Small Company Fund — (continued)
Class B	$	13.91	$	(0.01	)	$	—	$	3.51		$	3.50		$	(0.16	)	$	(1.53	)	$	—	$	(1.69	)	$	1.81		$	15.72		28.51	%	$	11,960		2.66	%		2.24	%		2.24	%		(0.08	)%		—	%
Class C		13.78		(0.03	)		—		3.48			3.45			(0.15	)		(1.53	)		—		(1.68	)		1.77			15.55		28.35			18,486		2.43			2.35			2.35			(0.22	)		—
Class Y		14.41		0.15			—		3.64			3.79			(0.30	)		(1.53	)		—		(1.83	)		1.96			16.37		29.89			86,707		1.20			1.20			1.20			0.97			—
For the Year Ended October 31, 2005
Class A		13.44		0.06			—		2.25			2.31			—			(1.48	)		—		(1.48	)		0.83			14.27		18.90			34,896		1.82			1.60			1.60			0.71			112
Class B		13.23		—			—		2.16			2.16			—			(1.48	)		—		(1.48	)		0.68			13.91		17.96			6,101		2.78			2.35			2.35			(0.02	)		—
Class C		13.12		(0.01	)		—		2.15			2.14			—			(1.48	)		—		(1.48	)		0.66			13.78		17.96			12,614		2.46			2.35			2.35			(0.06	)		—
Class Y		13.54		0.12			—		2.27			2.39			(0.04	)		(1.48	)		—		(1.52	)		0.87			14.41		19.40			65,828		1.28			1.20			1.20			1.13			—
For the Year Ended October 31, 2004
Class A		12.93		0.07			—		1.31			1.38			—			(0.87	)		—		(0.87	)		0.51			13.44		11.39			23,934		1.99			1.65			1.65			0.90			119
Class B		12.82		0.02			—		1.26			1.28			—			(0.87	)		—		(0.87	)		0.41			13.23		10.62			3,726		2.89			2.35			2.35			0.15			—
Class C		12.72		0.03			—		1.24			1.27			—			(0.87	)		—		(0.87	)		0.40			13.12		10.63			10,072		2.60			2.35			2.35			0.27			—
Class Y		13.02		0.14			—		1.30			1.44			(0.05	)		(0.87	)		—		(0.92	)		0.52			13.54		11.80			42,449		1.41			1.20			1.20			1.26			—
The Hartford LargeCap Growth Fund
For the Year Ended October 31, 2008
Class A		11.07		—			—		(4.54	)		(4.54	)		—			(0.19	)		—		(0.19	)		(4.73	)		6.34		(41.67	)		7,147		1.56			1.19			1.19			0.01			146
Class B		10.99		(0.05	)		—		(4.51	)		(4.56	)		—			(0.19	)		—		(0.19	)		(4.75	)		6.24		(42.16	)		314		2.54			2.00			2.00			(0.79	)		—
Class C		10.99		(0.06	)		—		(4.50	)		(4.56	)		—			(0.19	)		—		(0.19	)		(4.75	)		6.24		(42.16	)		546		2.47			2.00			2.00			(0.78	)		—
Class Y		11.09		—			—		(4.50	)		(4.50	)		—			(0.19	)		—		(0.19	)		(4.69	)		6.40		(41.23	)		4,825		1.29			0.85			0.85			0.12			—
From (commencement of operations) November 30, 2006, through October 31, 2007
Class A		10.00		(0.01	)		—		1.09			1.08			(0.01	)		—			—		(0.01	)		1.07			11.07		10.84	(f)		11,349		1.54	(e)		1.11	(e)		1.11	(e)		(0.08	)(e)		129
Class B		10.00		(0.08	)		—		1.08			1.00			(0.01	)		—			—		(0.01	)		0.99			10.99		9.97	(f)		360		2.40	(e)		1.96	(e)		1.96	(e)		(0.93	)(e)		—
Class C		10.00		(0.07	)		—		1.07			1.00			(0.01	)		—			—		(0.01	)		0.99			10.99		9.97	(f)		545		2.37	(e)		1.93	(e)		1.93	(e)		(0.94	)(e)		—
Class Y		10.00		0.02			—		1.09			1.11			(0.02	)		—			—		(0.02	)		1.09			11.09		11.08	(f)		111		1.28	(e)		0.85	(e)		0.85	(e)		0.20	(e)		—
The Hartford MidCap Fund
For the Year Ended October 31, 2008 (h)
Class A		26.89		(0.02	)		—		(8.25	)		(8.27	)		(0.11	)		(3.96	)		—		(4.07	)		(12.34	)		14.55		(35.56	)		1,310,085		1.23			1.23			1.23			(0.09	)		94
Class B		24.23		(0.16	)		—		(7.30	)		(7.46	)		—			(3.96	)		—		(3.96	)		(11.42	)		12.81		(36.07	)		195,738		2.01			2.01			2.01			(0.86	)		—
Class C		24.40		(0.14	)		—		(7.37	)		(7.51	)		—			(3.96	)		—		(3.96	)		(11.47	)		12.93		(36.01	)		274,583		1.92			1.92			1.92			(0.77	)		—
Class Y		28.74		0.08			—		(8.91	)		(8.83	)		(0.20	)		(3.96	)		—		(4.16	)		(12.99	)		15.75		(35.28	)		163,339		0.79			0.79			0.79			0.36			—
For the Year Ended October 31, 2007
Class A		25.31		0.05			0.02		5.53			5.60			—			(4.02	)		—		(4.02	)		1.58			26.89		25.96	(i)		2,205,026		1.22			1.22			1.22			0.20			76
Class B		23.35		(0.13	)		0.02		5.01			4.90			—			(4.02	)		—		(4.02	)		0.88			24.23		24.98	(i)		454,927		1.99			1.99			1.99			(0.52	)		—
Class C		23.47		(0.11	)		0.02		5.04			4.95			—			(4.02	)		—		(4.02	)		0.93			24.40		25.08	(i)		528,342		1.91			1.91			1.91			(0.44	)		—
Class Y		26.68		0.28			0.03		5.77			6.08			—			(4.02	)		—		(4.02	)		2.06			28.74		26.50	(i)		134,914		0.79			0.79			0.79			0.73			—
For the Year Ended October 31, 2006
Class A		26.32		(0.03	)		—		3.44			3.41			—			(4.42	)		—		(4.42	)		(1.01	)		25.31		14.84			1,837,361		1.27			1.27			1.27			(0.13	)		84
Class B		24.77		(0.22	)		—		3.22			3.00			—			(4.42	)		—		(4.42	)		(1.42	)		23.35		13.97			449,488		2.04			2.04			2.04			(0.90	)		—
Class C		24.86		(0.20	)		—		3.23			3.03			—			(4.42	)		—		(4.42	)		(1.39	)		23.47		14.06			499,039		1.96			1.96			1.96			(0.82	)		—
Class Y		27.42		0.08			—		3.60			3.68			—			(4.42	)		—		(4.42	)		(0.74	)		26.68		15.31			184,149		0.81			0.81			0.81			0.33			—
For the Year Ended October 31, 2005
Class A		22.61		(0.05	)		—		4.24			4.19			—			(0.48	)		—		(0.48	)		3.71			26.32		18.85			1,677,327		1.30			1.30			1.30			(0.20	)		74
Class B		21.47		(0.24	)		—		4.02			3.78			—			(0.48	)		—		(0.48	)		3.30			24.77		17.92			464,175		2.08			2.08			2.08			(0.98	)		—
Class C		21.52		(0.22	)		—		4.04			3.82			—			(0.48	)		—		(0.48	)		3.34			24.86		18.07			499,502		1.99			1.99			1.99			(0.89	)		—
Class Y		23.43		0.07			—		4.40			4.47			—			(0.48	)		—		(0.48	)		3.99			27.42		19.40			139,273		0.83			0.83			0.83			0.26			—
For the Year Ended October 31, 2004
Class A		20.58		(0.09	)		—		2.12			2.03			—			—			—		—			2.03			22.61		9.86			1,544,968		1.37			1.37			1.37			(0.41	)		52
Class B		19.68		(0.25	)		—		2.04			1.79			—			—			—		—			1.79			21.47		9.10			438,658		2.11			2.11			2.11			(1.15	)		—
Class C		19.71		(0.23	)		—		2.04			1.81			—			—			—		—			1.81			21.52		9.18			484,268		2.02			2.02			2.02			(1.06	)		—
Class Y		21.21		0.02			—		2.20			2.22			—			—			—		—			2.22			23.43		10.47			104,534		0.85			0.85			0.85			0.11			—
The Hartford MidCap Growth Fund (formerly known as The Hartford Select MidCap Growth Fund)
For the Year Ended October 31, 2008
Class A		12.73		—			—		(5.11	)		(5.11	)		—			(1.58	)		—		(1.58	)		(6.69	)		6.04		(45.38	)		21,304		1.50			1.35			1.35			0.05			292
Class B		12.50		(0.06	)		—		(4.97	)		(5.03	)		—			(1.58	)		—		(1.58	)		(6.61	)		5.89		(45.59	)		2,584		2.56			1.82			1.82			(0.63	)		—
Class C		12.46		(0.08	)		—		(4.94	)		(5.02	)		—			(1.58	)		—		(1.58	)		(6.60	)		5.86		(45.67	)		3,002		2.39			1.99			1.99			(0.89	)		—
Class Y		12.88		0.05			—		(5.20	)		(5.15	)		—			(1.58	)		—		(1.58	)		(6.73	)		6.15		(45.12	)		136		0.98			0.95			0.95			0.67			—

409

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford MidCap Growth Fund (formerly known as The Hartford Select MidCap Growth Fund) — (continued)
For the Year Ended October 31, 2007
Class A	$	11.28	$	(0.05	)	$	—	$	1.98		$	1.93		$	—		$	(0.48	)	$	—	$	(0.48	)	$	1.45		$	12.73		17.76	%	$	22,074		1.60	%		1.37	%		1.37	%		(0.43	)%		186	%
Class B		11.14		(0.11	)		—		1.95			1.84			—			(0.48	)		—		(0.48	)		1.36			12.50		17.15			4,509		2.55			1.96			1.96			(1.01	)		—
Class C		11.13		(0.13	)		—		1.94			1.81			—			(0.48	)		—		(0.48	)		1.33			12.46		16.89			4,772		2.40			2.12			2.12			(1.17	)		—
Class Y		11.36		(0.57	)		—		2.57			2.00			—			(0.48	)		—		(0.48	)		1.52			12.88		18.28			115		1.11			1.03			1.03			(0.44	)		—
For the Year Ended October 31, 2006
Class A		10.14		(0.08	)		—		1.32			1.24			—			(0.10	)		—		(0.10	)		1.14			11.28		12.31			23,542		1.69			1.50			1.50			(0.85	)		99
Class B		10.08		(0.15	)		—		1.31			1.16			—			(0.10	)		—		(0.10	)		1.06			11.14		11.58			3,725		2.67			2.11			2.11			(1.46	)		—
Class C		10.08		(0.15	)		—		1.30			1.15			—			(0.10	)		—		(0.10	)		1.05			11.13		11.48			3,861		2.52			2.26			2.26			(1.60	)		—
Class Y		10.17		(0.04	)		—		1.33			1.29			—			(0.10	)		—		(0.10	)		1.19			11.36		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		10.06		(0.06	)		—		0.14			0.08			—			—			—		—			0.08			10.14		0.80	(f)		14,995		2.22	(e)		1.50	(e)		1.50	(e)		(0.95	)(e)		97
Class B		10.06		(0.09	)		—		0.11			0.02			—			—			—		—			0.02			10.08		0.20	(f)		2,354		3.35	(e)		2.25	(e)		2.25	(e)		(1.70	)(e)		—
Class C		10.06		(0.09	)		—		0.11			0.02			—			—			—		—			0.02			10.08		0.20	(f)		1,741		3.26	(e)		2.25	(e)		2.25	(e)		(1.70	)(e)		—
Class Y		10.06		(0.05	)		—		0.16			0.11			—			—			—		—			0.11			10.17		1.09	(f)		210		1.66	(e)		1.10	(e)		1.10	(e)		(0.55	)(e)		—
The Hartford MidCap Value Fund
For the Year Ended October 31, 2008
Class A		14.80		0.02			—		(5.81	)		(5.79	)		—			(2.48	)		—		(2.48	)		(8.27	)		6.53		(46.26	)		127,999		1.44			1.40			1.40			0.15			52
Class B		13.95		(0.05	)		—		(5.39	)		(5.44	)		—			(2.48	)		—		(2.48	)		(7.92	)		6.03		(46.64	)		24,329		2.31			2.06			2.06			(0.50	)		—
Class C		13.96		(0.06	)		—		(5.39	)		(5.45	)		—			(2.48	)		—		(2.48	)		(7.93	)		6.03		(46.68	)		24,418		2.15			2.15			2.15			(0.59	)		—
Class Y		15.39		0.05			—		(6.08	)		(6.03	)		—			(2.48	)		—		(2.48	)		(8.51	)		6.88		(46.00	)		7,983		0.92			0.92			0.92			0.64			—
For the Year Ended October 31, 2007
Class A		14.57		—			—		2.14			2.14			—			(1.91	)		—		(1.91	)		0.23			14.80		16.72	(i)		311,227		1.39			1.39			1.39			0.00			46
Class B		13.93		(0.11	)		—		2.04			1.93			—			(1.91	)		—		(1.91	)		0.02			13.95		15.86	(i)		60,957		2.23			2.15			2.15			(0.75	)		—
Class C		13.93		(0.10	)		—		2.04			1.94			—			(1.91	)		—		(1.91	)		0.03			13.96		15.94	(i)		63,292		2.10			2.10			2.10			(0.70	)		—
Class Y		15.00		0.14			0.02		2.14			2.30			—			(1.91	)		—		(1.91	)		0.39			15.39		17.38	(i)		1,961		0.89			0.89			0.89			0.70			—
For the Year Ended October 31, 2006
Class A		13.29		0.01			—		2.59			2.60			—			(1.32	)		—		(1.32	)		1.28			14.57		21.37			305,002		1.45			1.40			1.40			0.06			40
Class B		12.85		(0.10	)		—		2.50			2.40			—			(1.32	)		—		(1.32	)		1.08			13.93		20.46			62,580		2.28			2.15			2.15			(0.69	)		—
Class C		12.85		(0.10	)		—		2.50			2.40			—			(1.32	)		—		(1.32	)		1.08			13.93		20.45			63,302		2.16			2.15			2.15			(0.69	)		—
Class Y		13.59		0.08			—		2.65			2.73			—			(1.32	)		—		(1.32	)		1.41			15.00		21.90			31,100		0.94			0.94			0.94			0.48			—
For the Year Ended October 31, 2005
Class A		12.89		(0.04	)		—		1.41			1.37			—			(0.97	)		—		(0.97	)		0.40			13.29		11.31			280,662		1.49			1.40			1.40			(0.31	)		49
Class B		12.59		(0.14	)		—		1.37			1.23			—			(0.97	)		—		(0.97	)		0.26			12.85		10.40			59,350		2.33			2.15			2.15			(1.06	)		—
Class C		12.59		(0.15	)		—		1.38			1.23			—			(0.97	)		—		(0.97	)		0.26			12.85		10.40			61,194		2.19			2.15			2.15			(1.06	)		—
Class Y		13.11		0.01			—		1.44			1.45			—			(0.97	)		—		(0.97	)		0.48			13.59		11.76			39,965		0.96			0.96			0.96			0.13			—
For the Year Ended October 31, 2004
Class A		11.32		(0.04	)		—		1.61			1.57			—			—			—		—			1.57			12.89		13.87			280,173		1.56			1.45			1.45			(0.03	)		46
Class B		11.12		(0.13	)		—		1.60			1.47			—			—			—		—			1.47			12.59		13.22			60,558		2.36			2.15			2.15			(1.04	)		—
Class C		11.13		(0.13	)		—		1.59			1.46			—			—			—		—			1.46			12.59		13.12			67,132		2.20			2.15			2.15			(1.04	)		—
Class Y		11.46		(0.01	)		—		1.66			1.65			—			—			—		—			1.65			13.11		14.40			2,474		0.90			0.90			0.90			(0.12	)		—
The Hartford Money Market Fund
For the Year Ended October 31, 2008
Class A		1.00		0.02			—		—			0.02			(0.02	)		—			—		(0.02	)		—			1.00		2.31			486,596		0.99			0.90			0.90			2.23			N/A
Class B		1.00		0.02			—		—			0.02			(0.02	)		—			—		(0.02	)		—			1.00		1.54			66,581		1.71			1.65			1.65			1.40			—
Class C		1.00		0.02			—		—			0.02			(0.02	)		—			—		(0.02	)		—			1.00		1.60			140,174		1.60			1.60			1.60			1.49			—
Class R3		1.00		0.02			—		—			0.02			(0.02	)		—			—		(0.02	)		—			1.00		2.07			529		1.35			1.15			1.15			1.33			—
Class R4		1.00		0.02			—		—			0.02			(0.02	)		—			—		(0.02	)		—			1.00		2.37			148,465		0.94			0.85			0.85			1.91			—
Class R5		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		2.60			8,826		0.63			0.63			0.63			2.09			—
Class Y		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		2.69			1,595		0.52			0.52			0.52			2.77			—
For the Year Ended October 31, 2007
Class A		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		4.49			314,872		1.13			0.95			0.95			4.40			N/A
Class B		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		3.71			29,219		1.82			1.70			1.70			3.65			—
Class C		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		3.72			59,575		1.72			1.69			1.69			3.66			—
Class Y		1.00		0.05			—		—			0.05			(0.05	)		—			—		(0.05	)		—			1.00		4.90			2,707		0.58			0.55			0.55			4.77			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		3.63	(f)		10		1.36	(e)		1.20	(e)		1.20	(e)		4.16	(e)		—

410


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Money Market Fund — (continued)
Class R4	$	1.00	$	0.04		$	—	$	—		$	0.04		$	(0.04	)	$	—		$	—	$	(0.04	)	$	—		$	1.00		3.95	(f)%	$	17,239		1.01	(e)%		0.90	(e)%		0.90	(e)%		4.49	(e)%		—	%
Class R5		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		4.18	(f)		1,229		0.72	(e)		0.60	(e)		0.60	(e)		4.79	(e)		—
For the Year Ended October 31, 2006
Class A		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		4.00			207,592		1.14			0.95			0.95			3.95			N/A
Class B		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		3.22			27,995		1.79			1.70			1.70			3.18			—
Class C		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		3.22			16,997		1.76			1.70			1.70			3.20			—
Class Y		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		4.34			13,628		0.61			0.55			0.55			4.29			—
For the Year Ended October 31, 2005
Class A		1.00		0.02			—		—			0.02			(0.02	)		—			—		(0.02	)		—			1.00		1.99			182,308		1.22			0.95			0.95			1.96			N/A
Class B		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		1.23			30,716		1.88			1.70			1.70			1.16			—
Class C		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		1.23			18,790		1.80			1.70			1.70			1.19			—
Class Y		1.00		0.02			—		—			0.02			(0.02	)		—			—		(0.02	)		—			1.00		2.40			16,114		0.61			0.55			0.55			2.47			—
For the Year Ended October 31, 2004
Class A		1.00		0.0030			—		—			0.0030			(0.0030	)		—			—		(0.0030	)		—			1.00		0.28			205,442		1.22			1.00			1.00			0.27			N/A
Class B		1.00		0.0001			—		—			0.0001			(0.0001	)		—			—		(0.0001	)		—			1.00		0.01			45,836		1.82			1.25			1.25			0.01			—
Class C		1.00		0.0001			—		—			0.0001			(0.0001	)		—			—		(0.0001	)		—			1.00		0.01			26,626		1.77			1.27			1.27			0.01			—
Class Y		1.00		0.0070			—		—			0.0070			(0.0070	)		—			—		(0.0070	)		—			1.00		0.72			9,698		0.56			0.55			0.55			0.96			—
The Hartford Retirement Income Fund (g)
For the Year Ended October 31, 2008
Class A		10.09		0.36			—		(2.23	)		(1.87	)		(0.41	)		(0.14	)		—		(0.55	)		(2.42	)		7.67		(19.48	)		3,495		1.73			0.50			0.50			3.75			51
Class B		10.10		0.31			—		(2.26	)		(1.95	)		(0.34	)		(0.14	)		—		(0.48	)		(2.43	)		7.67		(20.15	)		363		2.54			1.23			1.23			3.02			—
Class C		10.11		0.28			—		(2.23	)		(1.95	)		(0.34	)		(0.14	)		—		(0.48	)		(2.43	)		7.68		(20.11	)		912		2.41			1.23			1.23			2.42			—
Class R3		10.10		0.32			—		(2.24	)		(1.92	)		(0.37	)		(0.14	)		—		(0.51	)		(2.43	)		7.67		(19.88	)		53		2.03			0.89			0.89			2.62			—
Class R4		10.10		0.36			—		(2.25	)		(1.89	)		(0.40	)		(0.14	)		—		(0.54	)		(2.43	)		7.67		(19.63	)		1,437		1.53			0.60			0.60			2.84			—
Class R5		10.10		0.33			—		(2.18	)		(1.85	)		(0.43	)		(0.14	)		—		(0.57	)		(2.42	)		7.68		(19.30	)		286		1.32			0.31			0.31			3.05			—
For the Year Ended October 31, 2007
Class A		9.59		0.33			—		0.51			0.84			(0.34	)		—			—		(0.34	)		0.50			10.09		8.92			3,016		4.33			0.48			0.48			3.12			78
Class B		9.59		0.25			—		0.53			0.78			(0.27	)		—			—		(0.27	)		0.51			10.10		8.21			216		5.14			1.23			1.23			2.55			—
Class C		9.61		0.26			—		0.51			0.77			(0.27	)		—			—		(0.27	)		0.50			10.11		8.09			244		5.18			1.23			1.23			2.61			—
Class Y		9.60		0.36			—		0.51			0.87			(0.37	)		—			—		(0.37	)		0.50			10.10		9.22			124		4.05			0.18			0.18			3.64			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		9.66		0.20			—		0.45			0.65			(0.21	)		—			—		(0.21	)		0.44			10.10		6.76	(f)		11		4.83	(e)		0.88	(e)		0.88	(e)		2.35	(e)		—
Class R4		9.66		0.22			—		0.45			0.67			(0.23	)		—			—		(0.23	)		0.44			10.10		7.00	(f)		16		4.51	(e)		0.59	(e)		0.59	(e)		2.66	(e)		—
Class R5		9.66		0.25			—		0.44			0.69			(0.25	)		—			—		(0.25	)		0.44			10.10		7.27	(f)		11		4.23	(e)		0.27	(e)		0.27	(e)		2.95	(e)		—
For the Year Ended October 31, 2006
Class A		9.87		0.62			—		(0.15	)		0.47			(0.75	)		—			—		(0.75	)		(0.28	)		9.59		5.03			420		16.84			0.54			0.54			2.54			37
Class B		9.87		0.63			—		(0.24	)		0.39			(0.67	)		—			—		(0.67	)		(0.28	)		9.59		4.21			173		17.64			1.30			1.30			1.89			—
Class C		9.87		0.63			—		(0.22	)		0.41			(0.67	)		—			—		(0.67	)		(0.26	)		9.61		4.42			161		17.64			1.30			1.30			1.88			—
Class Y		9.86		0.71			—		(0.19	)		0.52			(0.78	)		—			—		(0.78	)		(0.26	)		9.60		5.55			114		16.51			0.24			0.24			2.96			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.02			—		(0.14	)		(0.12	)		(0.01	)		—			—		(0.01	)		(0.13	)		9.87		(1.22	)(f)		47		0.63	(e)		0.53	(e)		0.53	(e)		4.08	(e)		83
Class B		10.00		0.01			—		(0.14	)		(0.13	)		—			—			—		—			(0.13	)		9.87		(1.29	)(f)		10		1.36	(e)		1.26	(e)		1.26	(e)		1.76	(e)		—
Class C		10.00		0.01			—		(0.14	)		(0.13	)		—			—			—		—			(0.13	)		9.87		(1.29	)(f)		10		1.36	(e)		1.26	(e)		1.26	(e)		1.76	(e)		—
Class Y		10.00		0.01			—		(0.14	)		(0.13	)		(0.01	)		—			—		(0.01	)		(0.14	)		9.86		(1.30	)(f)		10		0.28	(e)		0.28	(e)		0.28	(e)		2.75	(e)		—
The Hartford Select MidCap Value Fund
For the Year Ended October 31, 2008
Class A		12.17		0.11			—		(4.34	)		(4.23	)		(0.01	)		(1.23	)		—		(1.24	)		(5.47	)		6.70		(38.30	)		16,071		1.44			1.28			1.28			0.95			194
Class B		11.96		0.04			—		(4.23	)		(4.19	)		—			(1.23	)		—		(1.23	)		(5.42	)		6.54		(38.65	)		2,147		2.43			1.79			1.79			0.43			—
Class C		11.95		0.01			—		(4.20	)		(4.19	)		—			(1.23	)		—		(1.23	)		(5.42	)		6.53		(38.68	)		2,695		2.25			1.97			1.97			0.26			—
Class Y		12.21		0.14			—		(4.34	)		(4.20	)		(0.06	)		(1.23	)		—		(1.29	)		(5.49	)		6.72		(38.03	)		26,779		0.88			0.88			0.88			1.34			—
For the Year Ended October 31, 2007
Class A		12.41		0.05			—		0.21			0.26			—			(0.50	)		—		(0.50	)		(0.24	)		12.17		2.16			39,238		1.42			1.33			1.33			0.38			209
Class B		12.28		(0.04	)		—		0.22			0.18			—			(0.50	)		—		(0.50	)		(0.32	)		11.96		1.51			4,322		2.35			2.01			2.01			(0.29	)		—
Class C		12.28		(0.04	)		—		0.21			0.17			—			(0.50	)		—		(0.50	)		(0.33	)		11.95		1.42			8,300		2.17			2.07			2.07			(0.36	)		—
Class Y		12.40		0.03			—		0.28			0.31			—			(0.50	)		—		(0.50	)		(0.19	)		12.21		2.58			53,873		0.84			0.83			0.83			0.83			—
For the Year Ended October 31, 2006
Class A		10.79		—			—		1.87			1.87			(0.01	)		(0.24	)		—		(0.25	)		1.62			12.41		17.66			47,937		1.69			1.55			1.55			(0.10	)		63

411

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Select MidCap Value Fund — (continued)
Class B	$	10.75	$	(0.10	)	$	—	$	1.87		$	1.77		$	—		$	(0.24	)	$	—	$	(0.24	)	$	1.53		$	12.28		16.79	%	$	4,137		2.67	%		2.30	%		2.30	%		(0.84	)%		—	%
Class C		10.75		(0.09	)		—		1.86			1.77			—			(0.24	)		—		(0.24	)		1.53			12.28		16.79			7,417		2.53			2.30			2.30			(0.84	)		—
Class Y		10.81		0.07			—		1.81			1.88			(0.05	)		(0.24	)		—		(0.29	)		1.59			12.40		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		10.00		—			—		0.79			0.79			—			—			—		—			0.79			10.79		7.90	(f)		22,423		1.67	(e)		1.55	(e)		1.55	(e)		(0.08	)(e)		30
Class B		10.00		(0.03	)		—		0.78			0.75			—			—			—		—			0.75			10.75		7.50	(f)		1,714		2.64	(e)		2.30	(e)		2.30	(e)		(0.92	)(e)		—
Class C		10.00		(0.03	)		—		0.78			0.75			—			—			—		—			0.75			10.75		7.50	(f)		2,885		2.53	(e)		2.30	(e)		2.30	(e)		(0.96	)(e)		—
Class Y		10.00		0.02			—		0.79			0.81			—			—			—		—			0.81			10.81		8.10	(f)		541		1.36	(e)		1.15	(e)		1.15	(e)		0.37	(e)		—
The Hartford Select SmallCap Value Fund
For the Year Ended October 31, 2008
Class A		11.79		0.07			—		(3.63	)		(3.56	)		(0.06	)		(0.75	)		—		(0.81	)		(4.37	)		7.42		(32.15	)		14,428		1.41			1.41			1.41			0.81			51
Class B		11.65		—			—		(3.59	)		(3.59	)		—			(0.75	)		—		(0.75	)		(4.34	)		7.31		(32.69	)		476		2.51			2.24			2.24			(0.02	)		—
Class C		11.66		—			—		(3.59	)		(3.59	)		—			(0.75	)		—		(0.75	)		(4.34	)		7.32		(32.66	)		685		2.48			2.26			2.26			(0.04	)		—
Class Y		11.80		0.10			—		(3.64	)		(3.54	)		(0.08	)		(0.75	)		—		(0.83	)		(4.37	)		7.43		(31.93	)		63,698		1.10			1.10			1.10			1.11			—
For the Year Ended October 31, 2007
Class A		10.96		0.07			—		0.78			0.85			—			(0.02	)		—		(0.02	)		0.83			11.79		7.78			19,106		1.40			1.40			1.40			0.67			58
Class B		10.93		(0.02	)		—		0.76			0.74			—			(0.02	)		—		(0.02	)		0.72			11.65		6.79			587		2.38			2.35			2.35			(0.25	)		—
Class C		10.93		(0.02	)		—		0.77			0.75			—			(0.02	)		—		(0.02	)		0.73			11.66		6.88			749		2.33			2.33			2.33			(0.27	)		—
Class Y		10.97		0.10			—		0.78			0.88			(0.03	)		(0.02	)		—		(0.05	)		0.83			11.80		8.09			91,189		1.13			1.13			1.13			0.97			—
From (commencement of operations) July 31, 2006, through October 31, 2006 (h)
Class A		10.00		0.02			—		0.94			0.96			—			—			—		—			0.96			10.96		9.60	(f)		15,872		1.73	(e)		1.60	(e)		1.60	(e)		0.78	(e)		10
Class B		10.00		—			—		0.93			0.93			—			—			—		—			0.93			10.93		9.30	(f)		308		2.53	(e)		2.35	(e)		2.35	(e)		0.03	(e)		—
Class C		10.00		—			—		0.93			0.93			—			—			—		—			0.93			10.93		9.30	(f)		280		2.51	(e)		2.35	(e)		2.35	(e)		0.03	(e)		—
Class Y		10.00		0.01			—		0.96			0.97			—			—			—		—			0.97			10.97		9.70	(f)		1,538		1.71	(e)		1.20	(e)		1.20	(e)		0.79	(e)		—
The Hartford Short Duration Fund
For the Year Ended October 31, 2008
Class A		9.82		0.37			—		(0.62	)		(0.25	)		(0.36	)		—			—		(0.36	)		(0.61	)		9.21		(2.60	)		46,620		0.95			0.90			0.90			3.78			73
Class B		9.82		0.29			—		(0.61	)		(0.32	)		(0.29	)		—			—		(0.29	)		(0.61	)		9.21		(3.33	)		5,846		1.84			1.65			1.65			3.06			—
Class C		9.82		0.29			—		(0.61	)		(0.32	)		(0.29	)		—			—		(0.29	)		(0.61	)		9.21		(3.33	)		26,738		1.69			1.65			1.65			3.03			—
Class Y		9.81		0.40			—		(0.63	)		(0.23	)		(0.39	)		—			—		(0.39	)		(0.62	)		9.19		(2.40	)		107,669		0.58			0.58			0.58			4.11			—
For the Year Ended October 31, 2007
Class A		9.89		0.44			—		(0.07	)		0.37			(0.44	)		—			—		(0.44	)		(0.07	)		9.82		3.80			34,606		1.04			0.90			0.90			4.49			68
Class B		9.90		0.37			—		(0.09	)		0.28			(0.36	)		—			—		(0.36	)		(0.08	)		9.82		2.91			6,349		1.90			1.65			1.65			3.73			—
Class C		9.90		0.37			—		(0.09	)		0.28			(0.36	)		—			—		(0.36	)		(0.08	)		9.82		2.91			22,322		1.77			1.65			1.65			3.74			—
Class Y		9.88		0.47			—		(0.08	)		0.39			(0.46	)		—			—		(0.46	)		(0.07	)		9.81		4.08			142,224		0.64			0.64			0.64			4.75			—
For the Year Ended October 31, 2006
Class A		9.85		0.35			—		0.04			0.39			(0.35	)		—			—		(0.35	)		0.04			9.89		4.02			26,726		1.10			0.90			0.90			3.53			119
Class B		9.85		0.27			—		0.05			0.32			(0.27	)		—			—		(0.27	)		0.05			9.90		3.33			6,760		1.92			1.65			1.65			2.77			—
Class C		9.85		0.27			—		0.05			0.32			(0.27	)		—			—		(0.27	)		0.05			9.90		3.33			14,382		1.83			1.65			1.65			2.76			—
Class Y		9.84		0.37			—		0.04			0.41			(0.37	)		—			—		(0.37	)		0.04			9.88		4.28			102,198		0.68			0.65			0.65			3.78			—
For the Year Ended October 31, 2005
Class A		10.08		0.33			—		(0.24	)		0.09			(0.32	)		—			—		(0.32	)		(0.23	)		9.85		0.92			29,212		1.05			0.90			0.90			3.23			123
Class B		10.08		0.25			—		(0.23	)		0.02			(0.25	)		—			—		(0.25	)		(0.23	)		9.85		0.17			8,814		1.89			1.65			1.65			2.47			—
Class C		10.08		0.25			—		(0.23	)		0.02			(0.25	)		—			—		(0.25	)		(0.23	)		9.85		0.17			22,973		1.78			1.65			1.65			2.47			—
Class Y		10.07		0.35			—		(0.23	)		0.12			(0.35	)		—			—		(0.35	)		(0.23	)		9.84		1.18			82,439		0.67			0.65			0.65			3.53			—
For the Year Ended October 31, 2004
Class A		10.14		0.30			—		(0.06	)		0.24			(0.30	)		—			—		(0.30	)		(0.06	)		10.08		2.40			39,148		1.06			0.95			0.95			2.95			108
Class B		10.14		0.23			—		(0.06	)		0.17			(0.23	)		—			—		(0.23	)		(0.06	)		10.08		1.68			12,267		1.84			1.65			1.65			2.26			—
Class C		10.14		0.23			—		(0.06	)		0.17			(0.23	)		—			—		(0.23	)		(0.06	)		10.08		1.68			34,949		1.76			1.65			1.65			2.26			—
From inception November 28, 2003, through October 31, 2004
Class Y		10.11		0.30			—		(0.04	)		0.26			(0.30	)		—			—		(0.30	)		(0.04	)		10.07		2.62	(f)		31,429		0.61	(e)		0.60	(e)		0.60	(e)		3.03	(e)		—
The Hartford Small Company Fund
For the Year Ended October 31, 2008
Class A		24.46		(0.06	)		—		(8.68	)		(8.74	)		—			(2.63	)		—		(2.63	)		(11.37	)		13.09		(39.57	)		274,412		1.39			1.39			1.39			(0.39	)		183
Class B		22.30		(0.20	)		—		(7.76	)		(7.96	)		—			(2.63	)		—		(2.63	)		(10.59	)		11.71		(39.95	)		21,008		2.31			2.02			2.02			(1.01	)		—
Class C		22.32		(0.18	)		—		(7.80	)		(7.98	)		—			(2.63	)		—		(2.63	)		(10.61	)		11.71		(40.01	)		41,294		2.15			2.15			2.15			(1.14	)		—
Class I		24.55		(0.02	)		—		(8.72	)		(8.74	)		—			(2.63	)		—		(2.63	)		(11.37	)		13.18		(39.41	)		11,912		1.19			1.15			1.15			(0.15	)		—

412


	*— Selected Per-Share Data (a) —*																												*— Ratios and Supplemental Data —*
																																		*Ratio of*			*Ratio of*			*Ratio of*
																																		*Expenses*			*Expenses*			*Expenses*
																																		*to Average*			*to Average*			*to Average*
																																		*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																										*Before*			*After*			*After*
								*Realized*																*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*								*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*		*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*		*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*		*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*		*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Small Company Fund — (continued)
Class R3	$	25.83	$	(0.07	)	$	—	$	(9.24	)	$	(9.31	)	$	—	$	(2.63	)	$	—	$	(2.63	)	$	(11.94	)	$	13.89		(39.69	)%	$	2,990		1.66	%		1.65	%		1.65	%		(0.68	)%		—	%
Class R4		25.91		(0.03	)		—		(9.27	)		(9.30	)		—		(2.63	)		—		(2.63	)		(11.93	)		13.98		(39.51	)		18,332		1.29			1.29			1.29			(0.29	)		—
Class R5		25.97		—			—		(9.28	)		(9.28	)		—		(2.63	)		—		(2.63	)		(11.91	)		14.06		(39.32	)		7,510		1.00			1.00			1.00			(0.01	)		—
Class Y		26.00		0.02			—		(9.29	)		(9.27	)		—		(2.63	)		—		(2.63	)		(11.90	)		14.10		(39.23	)		166,183		0.89			0.89			0.89			0.12			—
For the Year Ended October 31, 2007
Class A		21.58		(0.09	)		0.07		4.77			4.75			—		(1.87	)		—		(1.87	)		2.88			24.46		23.88	(i)		299,819		1.41			1.40			1.40			(0.44	)(e)		186
Class B		19.97		(0.26	)		0.10		4.36			4.20			—		(1.87	)		—		(1.87	)		2.33			22.30		22.97	(i)		52,549		2.28			2.12			2.12			(1.16	)(e)		—
Class C		20.00		(0.23	)		0.08		4.34			4.19			—		(1.87	)		—		(1.87	)		2.32			22.32		22.88	(i)		63,650		2.15			2.15			2.15			(1.19	)(e)		—
Class I		21.59		(0.01	)		—		4.84			4.83			—		(1.87	)		—		(1.87	)		2.96			24.55		24.28	(i)		3,886		1.12			1.12			1.12			(0.16	)(e)		—
Class Y		22.73		0.02			0.06		5.06			5.14			—		(1.87	)		—		(1.87	)		3.27			26.00		24.44	(i)		194,096		0.91			0.91			0.91			0.09	(e)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		21.95		(0.07	)		—		3.95			3.88			—		—			—		—			3.88			25.83		17.68	(f)		181		1.84	(e)		1.65	(e)		1.65	(e)		(0.69	)(e)		—
Class R4		21.95		(0.03	)		—		3.99			3.96			—		—			—		—			3.96			25.91		18.04	(f)		9,809		1.34	(e)		1.34	(e)		1.34	(e)		(0.54	)(e)		—
Class R5		21.95		(0.01	)		—		4.03			4.02			—		—			—		—			4.02			25.97		18.31	(f)		588		1.07	(e)		1.05	(e)		1.05	(e)		(0.38	)(e)		—
For the Year Ended October 31, 2006
Class A		18.45		(0.18	)		—		3.31			3.13			—		—			—		—			3.13			21.58		16.96			194,656		1.48			1.40			1.40			(0.87	)		170
Class B		17.20		(0.36	)		—		3.13			2.77			—		—			—		—			2.77			19.97		16.10			52,036		2.32			2.15			2.15			(1.62	)		—
Class C		17.22		(0.32	)		—		3.10			2.78			—		—			—		—			2.78			20.00		16.14			47,744		2.23			2.15			2.15			(1.62	)		—
Class Y		19.33		(0.06	)		—		3.46			3.40			—		—			—		—			3.40			22.73		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		20.70		(0.01	)		—		0.90			0.89			—		—			—		—			0.89			21.59		4.30	(f)		69		1.38	(e)		1.15	(e)		1.15	(e)		(0.58	)(e)		—
For the Year Ended October 31, 2005
Class A		15.09		(0.16	)		—		3.52			3.36			—		—			—		—			3.36			18.45		22.27			159,577		1.57			1.40			1.40			(0.88	)		104
Class B		14.17		(0.29	)		—		3.32			3.03			—		—			—		—			3.03			17.20		21.38			56,664		2.39			2.15			2.15			(1.63	)		—
Class C		14.19		(0.29	)		—		3.32			3.03			—		—			—		—			3.03			17.22		21.35			44,564		2.30			2.15			2.15			(1.63	)		—
Class Y		15.74		(0.07	)		—		3.66			3.59			—		—			—		—			3.59			19.33		22.81			43,274		0.97			0.97			0.97			(0.43	)		—
For the Year Ended October 31, 2004
Class A		14.28		(0.18	)		—		0.99			0.81			—		—			—		—			0.81			15.09		5.67			156,278		1.62			1.45			1.45			(1.15	)		142
Class B		13.51		(0.27	)		—		0.93			0.66			—		—			—		—			0.66			14.17		4.88			58,438		2.40			2.15			2.15			(1.85	)		—
Class C		13.52		(0.28	)		—		0.95			0.67			—		—			—		—			0.67			14.19		4.96			49,327		2.30			2.15			2.15			(1.85	)		—
Class Y		14.83		(0.06	)		—		0.97			0.91			—		—			—		—			0.91			15.74		6.14			15,731		0.99			0.99			0.99			(0.71	)		—
The Hartford SmallCap Growth Fund
For the Year Ended October 31, 2008
Class A		33.57		(0.07	)		—		(11.68	)		(11.75	)		—		(3.35	)		—		(3.35	)		(15.10	)		18.47		(38.35	)		78,279		1.64			1.20			1.20			(0.25	)		103
Class B		29.93		(0.21	)		—		(10.24	)		(10.45	)		—		(3.35	)		—		(3.35	)		(13.80	)		16.13		(38.71	)		8,645		2.51			1.83			1.83			(0.88	)		—
Class C		29.85		(0.29	)		—		(10.18	)		(10.47	)		—		(3.35	)		—		(3.35	)		(13.82	)		16.03		(38.90	)		10,472		2.25			2.10			2.10			(1.14	)		—
Class I		33.64		(0.04	)		—		(11.72	)		(11.76	)		—		(3.35	)		—		(3.35	)		(15.11	)		18.53		(38.29	)		3,159		1.17			1.15			1.15			(0.21	)		—
Class L		33.78		(0.05	)		—		(11.76	)		(11.81	)		—		(3.35	)		—		(3.35	)		(15.16	)		18.62		(38.28	)		74,539		1.14			1.12			1.12			(0.17	)		—
Class R3		34.16		(0.12	)		—		(11.90	)		(12.02	)		—		(3.35	)		—		(3.35	)		(15.37	)		18.79		(38.49	)		9		2.08			1.46			1.46			(0.52	)		—
Class R4		34.26		(0.06	)		—		(11.97	)		(12.03	)		—		(3.35	)		—		(3.35	)		(15.38	)		18.88		(38.40	)		1,298		1.28			1.28			1.28			(0.39	)		—
Class R5		34.34		(0.02	)		—		(11.98	)		(12.00	)		—		(3.35	)		—		(3.35	)		(15.35	)		18.99		(38.20	)		44		1.03			1.03			1.03			(0.14	)		—
Class Y		34.38		0.02			—		(12.02	)		(12.00	)		—		(3.35	)		—		(3.35	)		(15.35	)		19.03		(38.15	)		30,361		0.89			0.89			0.89			0.06			—
For the Year Ended October 31, 2007
Class A		31.32		(0.13	)		—		2.38			2.25			—		—			—		—			2.25			33.57		7.18	(i)		162,102		1.62			1.31			1.31			(0.26	)		105
Class B		28.12		(0.31	)		—		2.12			1.81			—		—			—		—			1.81			29.93		6.44	(i)		17,352		2.42			2.00			2.00			(0.95	)		—
Class C		28.07		(0.35	)		—		2.13			1.78			—		—			—		—			1.78			29.85		6.34	(i)		23,778		2.21			2.15			2.15			(1.10	)		—
Class I		31.33		(0.03	)		—		2.34			2.31			—		—			—		—			2.31			33.64		7.37	(i)		4,614		1.21			1.15			1.15			(0.17	)		—
Class L (k)		31.45		(0.13	)		—		2.46			2.33			—		—			—		—			2.33			33.78		7.41	(i)		137,702		1.17			1.15			1.15			(0.37	)		—
Class Y		31.95		0.02			—		2.41			2.43			—		—			—		—			2.43			34.38		7.61	(i)		46,466		0.93			0.93			0.93			0.12			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		32.34		(0.19	)		—		2.01			1.82			—		—			—		—			1.82			34.16		5.63	(f)		11		1.69	(e)		1.65	(e)		1.65	(e)		(0.65	)(e)		—
Class R4		32.34		(0.02	)		—		1.94			1.92			—		—			—		—			1.92			34.26		5.94	(f)		309		1.40	(e)		1.35	(e)		1.35	(e)		(0.43	)(e)		—
Class R5		32.34		(0.01	)		—		2.01			2.00			—		—			—		—			2.00			34.34		6.18	(f)		11		1.09	(e)		1.05	(e)		1.05	(e)		(0.05	)(e)		—
For the Year Ended October 31, 2006
Class A		28.30		(0.06	)		—		3.08			3.02			—		—			—		—			3.02			31.32		10.67			228,776		1.56			1.36			1.36			(0.30	)		86
Class B		25.57		(0.26	)		—		2.81			2.55			—		—			—		—			2.55			28.12		9.97			19,078		2.39			2.02			2.02			(0.95	)		—
Class C		25.56		(0.27	)		—		2.78			2.51			—		—			—		—			2.51			28.07		9.82			24,070		2.25			2.15			2.15			(1.08	)		—

413

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																												*— Ratios and Supplemental Data —*
																																		*Ratio of*			*Ratio of*			*Ratio of*
																																		*Expenses*			*Expenses*			*Expenses*
																																		*to Average*			*to Average*			*to Average*
																																		*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																										*Before*			*After*			*After*
								*Realized*																*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*							*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*							*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*		*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*		*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*		*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford SmallCap Growth Fund — (continued)
Class L	$	28.36	$	(0.02	)	$	—	$	3.11		$	3.09		$	—		$	—	$	—	$	—		$	3.09		$	31.45		10.90	%	$	118,452		1.15	%		1.15	%		1.15	%		(0.08	)%		—	%
Class Y		28.74		0.04			—		3.17			3.21			—			—		—		—			3.21			31.95		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		28.90		(0.01	)		—		2.44			2.43			—			—		—		—			2.43			31.33		8.41	(f)		239		1.28	(e)		1.15	(e)		1.15	(e)		(0.43	)(e)		—
For the Year Ended October 31, 2005
Class A		24.60		(0.15	)		—		3.85			3.70			—			—		—		—			3.70			28.30		15.04			66,403		1.62			1.40			1.40			(0.65	)		81
Class B		22.39		(0.32	)		—		3.50			3.18			—			—		—		—			3.18			25.57		14.20			16,230		2.51			2.15			2.15			(1.40	)		—
Class C		22.39		(0.28	)		—		3.45			3.17			—			—		—		—			3.17			25.56		14.16			15,668		2.33			2.15			2.15			(1.40	)		—
Class L		24.60		(0.13	)		—		3.89			3.76			—			—		—		—			3.76			28.36		15.28			119,114		1.21			1.21			1.21			(0.46	)		—
Class Y		24.88		(0.04	)		—		3.90			3.86			—			—		—		—			3.86			28.74		15.52			55,933		0.98			0.98			0.98			(0.23	)		—
For the Year Ended October 31, 2004
Class A		22.91		(0.15	)		—		1.84			1.69			—			—		—		—			1.69			24.60		7.38			42,962		1.77			1.45			1.45			(0.81	)		102
Class B		20.99		(0.28	)		—		1.68			1.40			—			—		—		—			1.40			22.39		6.67			11,930		2.59			2.15			2.15			(1.51	)		—
Class C		20.99		(0.27	)		—		1.67			1.40			—			—		—		—			1.40			22.39		6.67			10,140		2.38			2.15			2.15			(1.51	)		—
Class L		22.90		(0.19	)		—		1.89			1.70			—			—		—		—			1.70			24.60		7.42			114,266		1.43			1.43			1.43			(0.79	)		—
Class Y		23.06		(0.02	)		—		1.84			1.82			—			—		—		—			1.82			24.88		7.89			5,788		1.03			1.03			1.03			(0.47	)		—
The Hartford Stock Fund
For the Year Ended October 31, 2008
Class A		24.47		0.14			—		(10.83	)		(10.69	)		(0.03	)		—		—		(0.03	)		(10.72	)		13.75		(43.74	)		307,712		1.41			1.18			1.18			0.56			90
Class B		22.69		(0.21	)		—		(9.83	)		(10.04	)		—			—		—		—			(10.04	)		12.65		(44.24	)		57,627		2.27			2.09			2.09			(0.36	)		—
Class C		22.89		(0.10	)		—		(10.03	)		(10.13	)		—			—		—		—			(10.13	)		12.76		(44.25	)		66,725		2.05			2.05			2.05			(0.32	)		—
Class R3		25.40		0.03			—		(11.16	)		(11.13	)		(0.08	)		—		—		(0.08	)		(11.21	)		14.19		(43.95	)		20		1.65			1.50			1.50			0.21			—
Class R4		25.47		0.08			—		(11.21	)		(11.13	)		(0.05	)		—		—		(0.05	)		(11.18	)		14.29		(43.78	)		34		1.22			1.20			1.20			0.52			—
Class R5		25.53		0.18			—		(11.27	)		(11.09	)		(0.12	)		—		—		(0.12	)		(11.21	)		14.32		(43.62	)		6		0.89			0.89			0.89			0.85			—
Class Y		25.56		0.14			—		(11.20	)		(11.06	)		(0.16	)		—		—		(0.16	)		(11.22	)		14.34		(43.53	)		49,353		0.79			0.79			0.79			0.95			—
From (commencement of operations) May 30, 2008, through October 31, 2008
Class I		21.54		0.07			—		(7.84	)		(7.77	)		—			—		—		—			(7.77	)		13.77		(36.08	)(f)		64		0.76	(e)		0.76	(e)		0.76	(e)		0.91	(e)		—
For the Year Ended October 31, 2007
Class A		21.04		0.07			0.03		3.43			3.53			(0.10	)		—		—		(0.10	)		3.43			24.47		16.82	(i)		665,897		1.37			1.28			1.28			0.26			96
Class B		19.58		(0.19	)		0.04		3.26			3.11			—			—		—		—			3.11			22.69		15.88	(i)		170,341		2.20			2.11			2.11			(0.57	)		—
Class C		19.73		(0.12	)		0.03		3.25			3.16			—			—		—		—			3.16			22.89		16.02	(i)		149,640		2.03			1.98			1.98			(0.44	)		—
Class Y		21.95		0.43			0.06		3.32			3.81			(0.20	)		—		—		(0.20	)		3.61			25.56		17.45	(i)		73,535		0.81			0.76			0.76			0.82			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		22.66		(0.01	)		—		2.75			2.74			—			—		—		—			2.74			25.40		12.09	(f)		42		1.56	(e)		1.51	(e)		1.51	(e)		(0.18	)(e)		—
Class R4		22.66		0.06			—		2.75			2.81			—			—		—		—			2.81			25.47		12.40	(f)		44		1.25	(e)		1.20	(e)		1.20	(e)		0.29	(e)		—
Class R5		22.66		0.12			—		2.75			2.87			—			—		—		—			2.87			25.53		12.67	(f)		11		0.97	(e)		0.92	(e)		0.92	(e)		0.57	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		18.39		0.11			—		2.58			2.69			(0.04	)		—		—		(0.04	)		2.65			21.04		14.65			684,726		1.41			1.28			1.28			0.53			110
Class B		17.23		(0.05	)		—		2.40			2.35			—			—		—		—			2.35			19.58		13.64			223,639		2.23			2.12			2.12			(0.30	)		—
Class C		17.35		(0.04	)		—		2.42			2.38			—			—		—		—			2.38			19.73		13.72			161,554		2.08			2.03			2.03			(0.21	)		—
Class Y		19.18		0.21			—		2.70			2.91			(0.14	)		—		—		(0.14	)		2.77			21.95		15.21			131,759		0.83			0.78			0.78			1.03			—
For the Year Ended October 31, 2005
Class A		16.76		0.16			—		1.57			1.73			(0.10	)		—		—		(0.10	)		1.63			18.39		10.36			727,492		1.42			1.33			1.33			0.89			62
Class B		15.76		—			—		1.47			1.47			—			—		—		—			1.47			17.23		9.33			278,445		2.23			2.23			2.23			(0.02	)		—
Class C		15.84		0.04			—		1.47			1.51			—			—		—		—			1.51			17.35		9.53			182,587		2.09			2.09			2.09			0.17			—
Class Y		17.49		0.24			—		1.66			1.90			(0.21	)		—		—		(0.21	)		1.69			19.18		10.91			107,578		0.83			0.83			0.83			1.24			—
For the Year Ended October 31, 2004
Class A		16.21		0.03			—		0.52			0.55			—			—		—		—			0.55			16.76		3.39			952,606		1.42			1.42			1.42			0.18			29
Class B		15.35		(0.10	)		—		0.51			0.41			—			—		—		—			0.41			15.76		2.67			343,148		2.18			2.18			2.18			(0.59	)		—
Class C		15.41		(0.08	)		—		0.51			0.43			—			—		—		—			0.43			15.84		2.79			256,271		2.03			2.03			2.03			(0.44	)		—
Class Y		16.81		0.10			—		0.58			0.68			—			—		—		—			0.68			17.49		4.04			80,932		0.80			0.80			0.80			0.80			—
The Hartford Strategic Income Fund
For the Year Ended October 31, 2008
Class A		9.75		0.65			—		(2.39	)		(1.74	)		(0.66	)		—		—		(0.66	)		(2.40	)		7.35		(19.02	)		79,242		0.97			0.61			0.61			7.14			132
Class B		9.75		0.58			—		(2.40	)		(1.82	)		(0.58	)		—		—		(0.58	)		(2.40	)		7.35		(19.66	)		6,308		1.81			1.45			1.45			6.33			—
Class C		9.76		0.59			—		(2.40	)		(1.81	)		(0.59	)		—		—		(0.59	)		(2.40	)		7.36		(19.62	)		67,863		1.75			1.38			1.38			6.40			—
Class I		9.77		0.69			—		(2.41	)		(1.72	)		(0.68	)		—		—		(0.68	)		(2.40	)		7.37		(18.77	)		24,508		0.75			0.38			0.38			7.37			—

414


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
							*Net*																												*Before*			*After*			*After*
							*Realized*																		*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
							*and*									*Distributions*									*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*				*Unrealized*			*Total*			*Dividends*			*from*									*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*		*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*						*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*		*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*			*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*		*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*			*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Strategic Income Fund — (continued)
Class Y	$	9.76	$	0.69	$	—	$	(2.41	)	$	(1.72	)	$	(0.69	)	$	—		$	—		$	(0.69	)	$	(2.41	)	$	7.35		(18.85	)%	$	36,751		0.67	%		0.30	%		0.30	%		7.49	%		—	%
From (date shares became available to public) May 31, 2007, through October 31, 2007 (m)
Class A		9.90		0.29		—		(0.14	)		0.15			(0.30	)		—			—			(0.30	)		(0.15	)		9.75		1.53	(f)		42,949		1.01	(e)		0.46	(e)		0.46	(e)		7.15	(e)		40
Class B		9.90		0.26		—		(0.15	)		0.11			(0.26	)		—			—			(0.26	)		(0.15	)		9.75		1.21	(f)		2,644		1.80	(e)		1.25	(e)		1.25	(e)		6.42	(e)		—
Class C		9.90		0.27		—		(0.15	)		0.12			(0.26	)		—			—			(0.26	)		(0.14	)		9.76		1.31	(f)		17,275		1.81	(e)		1.26	(e)		1.26	(e)		6.47	(e)		—
Class I		9.90		0.31		—		(0.13	)		0.18			(0.31	)		—			—			(0.31	)		(0.13	)		9.77		1.84	(f)		11,212		0.82	(e)		0.27	(e)		0.27	(e)		7.49	(e)		—
From (commencement of operations) August 31, 2007, through October 31, 2007
Class Y		9.57		0.12		—		0.19			0.31			(0.12	)		—			—			(0.12	)		0.19			9.76		3.28	(f)		10,631		0.80	(e)		0.25	(e)		0.25	(e)		7.73	(e)		—
The Hartford Target Retirement 2010 Fund (g)
For the Year Ended October 31, 2008
Class A		10.66		0.30		—		(3.10	)		(2.80	)		(0.41	)		(0.21	)		—			(0.62	)		(3.42	)		7.24		(27.74	)		6,520		1.02			0.42			0.42			2.87			68
Class B		10.64		0.18		—		(3.06	)		(2.88	)		(0.33	)		(0.21	)		—			(0.54	)		(3.42	)		7.22		(28.36	)		406		1.88			1.25			1.25			1.83			—
Class C		10.64		0.28		—		(3.16	)		(2.88	)		(0.32	)		(0.21	)		—			(0.53	)		(3.41	)		7.23		(28.31	)		593		1.93			1.25			1.25			2.39			—
Class R3		10.66		0.26		—		(3.11	)		(2.85	)		(0.37	)		(0.21	)		—			(0.58	)		(3.43	)		7.23		(28.14	)		8		1.47			0.87			0.87			2.70			—
Class R4		10.66		0.36		—		(3.17	)		(2.81	)		(0.41	)		(0.21	)		—			(0.62	)		(3.43	)		7.23		(27.84	)		4,823		1.04			0.45			0.45			1.67			—
Class R5		10.67		0.37		—		(3.16	)		(2.79	)		(0.43	)		(0.21	)		—			(0.64	)		(3.43	)		7.24		(27.64	)		1,131		0.71			0.11			0.11			1.86			—
Class Y		10.66		0.33		—		(3.11	)		(2.78	)		(0.44	)		(0.21	)		—			(0.65	)		(3.43	)		7.23		(27.60	)		111		0.76			0.16			0.16			3.40			—
For the Year Ended October 31, 2007
Class A		9.65		0.28		—		1.01			1.29			(0.28	)		—			—			(0.28	)		1.01			10.66		13.55			7,547		1.81			0.50			0.50			2.46			56
Class B		9.65		0.21		—		0.99			1.20			(0.21	)		—			—			(0.21	)		0.99			10.64		12.61			533		2.66			1.25			1.25			1.91			—
Class C		9.64		0.21		—		1.00			1.21			(0.21	)		—			—			(0.21	)		1.00			10.64		12.68			743		2.59			1.25			1.25			2.08			—
Class Y		9.65		0.32		—		0.99			1.31			(0.30	)		—			—			(0.30	)		1.01			10.66		13.83			153		1.54			0.20			0.20			3.21			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		9.76		0.14		—		0.89			1.03			(0.13	)		—			—			(0.13	)		0.90			10.66		10.56	(f)		11		2.32	(e)		0.90	(e)		0.90	(e)		1.62	(e)		—
Class R4		9.76		0.16		—		0.89			1.05			(0.15	)		—			—			(0.15	)		0.90			10.66		10.88	(f)		442		1.97	(e)		0.60	(e)		0.60	(e)		2.03	(e)		—
Class R5		9.76		0.19		—		0.89			1.08			(0.17	)		—			—			(0.17	)		0.91			10.67		11.15	(f)		11		1.72	(e)		0.30	(e)		0.30	(e)		2.23	(e)		—
For the Year Ended October 31, 2006
Class A		9.82		0.47		—		0.22			0.69			(0.50	)		—			(0.36	)		(0.86	)		(0.17	)		9.65		7.43			1,618		8.32			0.54			0.54			2.01			10
Class B		9.82		0.34		—		0.27			0.61			(0.42	)		—			(0.36	)		(0.78	)		(0.17	)		9.65		6.58			226		9.17			1.29			1.29			1.24			—
Class C		9.82		0.40		—		0.21			0.61			(0.43	)		—			(0.36	)		(0.79	)		(0.18	)		9.64		6.53			475		9.13			1.30			1.30			1.63			—
Class Y		9.83		0.50		—		0.21			0.71			(0.53	)		—			(0.36	)		(0.89	)		(0.18	)		9.65		7.62			135		8.02			0.23			0.23			2.31			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.02		—		(0.20	)		(0.18	)		—			—			—			—			(0.18	)		9.82		(1.80	)(f)		11		0.65	(e)		0.49	(e)		0.49	(e)		2.53	(e)		12
Class B		10.00		0.01		—		(0.19	)		(0.18	)		—			—			—			—			(0.18	)		9.82		(1.80	)(f)		10		1.41	(e)		1.26	(e)		1.26	(e)		1.61	(e)		—
Class C		10.00		0.01		—		(0.19	)		(0.18	)		—			—			—			—			(0.18	)		9.82		(1.80	)(f)		10		1.41	(e)		1.27	(e)		1.27	(e)		1.60	(e)		—
Class Y		10.00		0.02		—		(0.19	)		(0.17	)		—			—			—			—			(0.17	)		9.83		(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 Year Ended October 31, 2008
Class A		11.68		0.26		—		(3.86	)		(3.60	)		(0.43	)		(0.09	)		—			(0.52	)		(4.12	)		7.56		(32.13	)		13,495		0.77			0.48			0.48			2.30			51
Class B		11.68		0.16		—		(3.84	)		(3.68	)		(0.35	)		(0.09	)		—			(0.44	)		(4.12	)		7.56		(32.64	)		604		1.76			1.26			1.26			1.34			—
Class C		11.67		0.24		—		(3.92	)		(3.68	)		(0.35	)		(0.09	)		—			(0.44	)		(4.12	)		7.55		(32.64	)		837		1.71			1.25			1.25			1.20			—
Class R3		11.67		0.35		—		(3.99	)		(3.64	)		(0.39	)		(0.09	)		—			(0.48	)		(4.12	)		7.55		(32.37	)		70		1.21			0.91			0.91			1.00			—
Class R4		11.67		0.37		—		(3.98	)		(3.61	)		(0.42	)		(0.09	)		—			(0.51	)		(4.12	)		7.55		(32.18	)		8,281		0.83			0.55			0.55			1.12			—
Class R5		11.68		0.39		—		(3.97	)		(3.58	)		(0.45	)		(0.09	)		—			(0.54	)		(4.12	)		7.56		(31.98	)		6,165		0.53			0.23			0.23			0.96			—
Class Y		11.68		0.29		—		(3.86	)		(3.57	)		(0.46	)		(0.09	)		—			(0.55	)		(4.12	)		7.56		(31.89	)		9		0.46			0.17			0.17			2.74			—
For the Year Ended October 31, 2007
Class A		10.43		0.24		—		1.29			1.53			(0.24	)		(0.04	)		—			(0.28	)		1.25			11.68		14.95	(f)		17,710		1.25			0.51			0.51			1.64			16
Class B		10.42		0.18		—		1.27			1.45			(0.15	)		(0.04	)		—			(0.19	)		1.26			11.68		14.09	(f)		717		2.25			1.26			1.26			1.38			—
Class C		10.42		0.17		—		1.28			1.45			(0.16	)		(0.04	)		—			(0.20	)		1.25			11.67		14.10	(f)		649		2.07			1.26			1.26			1.47			—
Class Y		10.43		0.30		—		1.25			1.55			(0.26	)		(0.04	)		—			(0.30	)		1.25			11.68		15.20	(f)		12		0.94			0.21			0.21			2.71			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.55		0.08		—		1.11			1.19			(0.07	)		—			—			(0.07	)		1.12			11.67		11.32	(f)		11		1.72	(e)		0.91	(e)		0.91	(e)		0.86	(e)		—
Class R4		10.55		0.10		—		1.12			1.22			(0.10	)		—			—			(0.10	)		1.12			11.67		11.64	(f)		1,129		1.35	(e)		0.61	(e)		0.61	(e)		1.23	(e)		—
Class R5		10.55		0.14		—		1.11			1.25			(0.12	)		—			—			(0.12	)		1.13			11.68		11.91	(f)		11		1.12	(e)		0.31	(e)		0.31	(e)		1.46	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		9.79		0.13		—		0.86			0.99			(0.35	)		—			—			(0.35	)		0.64			10.43		10.37			2,125		9.85			0.53			0.53			1.35			19
Class B		9.78		0.04		—		0.88			0.92			(0.28	)		—			—			(0.28	)		0.64			10.42		9.56			291		10.69			1.29			1.29			0.39			—

415

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																														*— Ratios and Supplemental Data —*
																																				*Ratio of*			*Ratio of*			*Ratio of*
																																				*Expenses*			*Expenses*			*Expenses*
																																				*to Average*			*to Average*			*to Average*
																																				*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																												*Before*			*After*			*After*
								*Realized*																		*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*									*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*									*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*						*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*			*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*			*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Target Retirement 2020 Fund (g) — (continued)
Class C	$	9.78	$	0.04		$	—	$	0.88		$	0.92		$	(0.28	)	$	—		$	—		$	(0.28	)	$	0.64		$	10.42		9.58	%	$	337		10.62	%		1.30	%		1.30	%		0.41	%		—	%
Class Y		9.79		0.27			—		0.75			1.02			(0.38	)		—			—			(0.38	)		0.64			10.43		10.70			11		9.41			0.22			0.22			2.73			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.01			—		(0.22	)		(0.21	)		—			—			—			—			(0.21	)		9.79		(2.10	)(f)		144		0.66	(e)		0.51	(e)		0.51	(e)		2.77	(e)		28
Class B		10.00		0.01			—		(0.23	)		(0.22	)		—			—			—			—			(0.22	)		9.78		(2.20	)(f)		10		1.37	(e)		1.25	(e)		1.25	(e)		0.86	(e)		—
Class C		10.00		0.01			—		(0.23	)		(0.22	)		—			—			—			—			(0.22	)		9.78		(2.20	)(f)		10		1.37	(e)		1.26	(e)		1.26	(e)		0.85	(e)		—
Class Y		10.00		0.01			—		(0.22	)		(0.21	)		—			—			—			—			(0.21	)		9.79		(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 Year Ended October 31, 2008 (h)
Class A		10.92		0.13			—		(3.78	)		(3.65	)		(0.37	)		(0.10	)		—			(0.47	)		(4.12	)		6.80		(34.83	)		12,679		0.86			0.51			0.51			1.43			35
Class B		10.90		0.06			—		(3.76	)		(3.70	)		(0.32	)		(0.10	)		—			(0.42	)		(4.12	)		6.78		(35.23	)		607		2.07			1.01			1.01			0.62			—
Class C		10.89		0.01			—		(3.70	)		(3.69	)		(0.32	)		(0.10	)		—			(0.42	)		(4.11	)		6.78		(35.17	)		761		1.86			1.22			1.22			0.12			—
Class R3		10.88		(0.01	)		—		(3.68	)		(3.69	)		(0.32	)		(0.10	)		—			(0.42	)		(4.11	)		6.77		(35.18	)		1,070		1.25			0.86			0.86			(0.10	)		—
Class R4		10.91		0.02			—		(3.67	)		(3.65	)		(0.38	)		(0.10	)		—			(0.48	)		(4.13	)		6.78		(34.87	)		7,578		0.89			0.54			0.54			0.17			—
Class R5		10.93		0.03			—		(3.68	)		(3.65	)		(0.38	)		(0.10	)		—			(0.48	)		(4.13	)		6.80		(34.82	)		2,530		0.58			0.22			0.22			0.33			—
Class Y		10.95		0.18			—		(3.82	)		(3.64	)		(0.39	)		(0.10	)		—			(0.49	)		(4.13	)		6.82		(34.69	)		25		0.54			0.19			0.19			1.89			—
For the Year Ended October 31, 2007
Class A		9.36		0.15			—		1.55			1.70			(0.13	)		(0.01	)		—			(0.14	)		1.56			10.92		18.34			15,260		1.45			0.54			0.54			0.75			23
Class B		9.36		0.08			—		1.55			1.63			(0.08	)		(0.01	)		—			(0.09	)		1.54			10.90		17.53			522		2.58			1.17			1.17			0.83			—
Class C		9.37		0.07			—		1.55			1.62			(0.09	)		(0.01	)		—			(0.10	)		1.52			10.89		17.44			405		2.48			1.26			1.26			0.21			—
Class Y		9.36		0.19			—		1.54			1.73			(0.13	)		(0.01	)		—			(0.14	)		1.59			10.95		18.60			38		1.12			0.24			0.24			1.90			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		9.53		(0.01	)		—		1.36			1.35			—			—			—			—			1.35			10.88		14.17	(f)		11		1.90	(e)		0.94	(e)		0.94	(e)		(0.06	)(e)		—
Class R4		9.53		—			—		1.38			1.38			—			—			—			—			1.38			10.91		14.48	(f)		640		1.54	(e)		0.64	(e)		0.64	(e)		0.29	(e)		—
Class R5		9.53		0.05			—		1.35			1.40			—			—			—			—			1.40			10.93		14.69	(f)		11		1.30	(e)		0.34	(e)		0.34	(e)		0.54	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		9.75		0.03			—		0.87			0.90			(0.49	)		—			(0.80	)		(1.29	)		(0.39	)		9.36		10.00			1,857		14.20			0.53			0.53			0.37			19
Class B		9.74		(0.02	)		—		0.86			0.84			(0.42	)		—			(0.80	)		(1.22	)		(0.38	)		9.36		9.22			305		15.05			1.24			1.24			(0.28	)		—
Class C		9.74		—			—		0.85			0.85			(0.42	)		—			(0.80	)		(1.22	)		(0.37	)		9.37		9.35			81		15.18			1.10			1.10			(0.00	)		—
Class Y		9.75		0.10			—		0.84			0.94			(0.53	)		—			(0.80	)		(1.33	)		(0.39	)		9.36		10.40			32		13.67			0.21			0.21			1.10			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.01			—		(0.26	)		(0.25	)		—			—			—			—			(0.25	)		9.75		(2.50	)(f)		10		0.69	(e)		0.48	(e)		0.48	(e)		0.76	(e)		14
Class B		10.00		—			—		(0.26	)		(0.26	)		—			—			—			—			(0.26	)		9.74		(2.60	)(f)		10		1.39	(e)		1.24	(e)		1.24	(e)		—	(e)		—
Class C		10.00		—			—		(0.26	)		(0.26	)		—			—			—			—			(0.26	)		9.74		(2.60	)(f)		9		1.39	(e)		1.24	(e)		1.24	(e)		—	(e)		—
Class Y		10.00		0.01			—		(0.26	)		(0.25	)		—			—			—			—			(0.25	)		9.75		(2.50	)(f)		10		0.34	(e)		0.19	(e)		0.19	(e)		1.05	(e)		—
The Hartford Tax-Free California Fund
For the Year Ended October 31, 2008
Class A		10.16		0.44			—		(1.99	)		(1.55	)		(0.44	)		—			—			(0.44	)		(1.99	)		8.17		(15.78	)		30,538		0.91			0.85			0.85			4.59			71
Class B		10.15		0.37			—		(2.01	)		(1.64	)		(0.36	)		—			—			(0.36	)		(2.00	)		8.15		(16.54	)		1,338		1.70			1.60			1.60			3.81			—
Class C		10.17		0.37			—		(2.00	)		(1.63	)		(0.36	)		—			—			(0.36	)		(1.99	)		8.18		(16.41	)		5,731		1.69			1.60			1.60			3.86			—
For the Year Ended October 31, 2007
Class A		10.55		0.41			—		(0.39	)		0.02			(0.41	)		—			—			(0.41	)		(0.39	)		10.16		0.16			37,646		0.92			0.85			0.85			3.96			35
Class B		10.54		0.33			—		(0.39	)		(0.06	)		(0.33	)		—			—			(0.33	)		(0.39	)		10.15		(0.58	)		1,932		1.70			1.60			1.60			3.20			—
Class C		10.56		0.33			—		(0.39	)		(0.06	)		(0.33	)		—			—			(0.33	)		(0.39	)		10.17		(0.58	)		5,153		1.70			1.60			1.60			3.21			—
For the Year Ended October 31, 2006
Class A		10.32		0.38			—		0.24			0.62			(0.38	)		(0.01	)		—			(0.39	)		0.23			10.55		6.13			24,796		0.99			0.90			0.90			3.71			2
Class B		10.31		0.30			—		0.24			0.54			(0.30	)		(0.01	)		—			(0.31	)		0.23			10.54		5.34			1,571		1.77			1.65			1.65			2.96			—
Class C		10.33		0.30			—		0.24			0.54			(0.30	)		(0.01	)		—			(0.31	)		0.23			10.56		5.33			3,435		1.78			1.65			1.65			2.95			—
For the Year Ended October 31, 2005
Class A		10.32		0.38			—		—			0.38			(0.38	)		—			—			(0.38	)		—			10.32		3.69			15,601		1.02			0.90			0.90			3.64			31
Class B		10.31		0.29			—		0.01			0.30			(0.30	)		—			—			(0.30	)		—			10.31		2.92			1,305		1.80			1.65			1.65			2.90			—
Class C		10.33		0.29			—		0.01			0.30			(0.30	)		—			—			(0.30	)		—			10.33		2.91			1,937		1.80			1.65			1.65			2.90			—
For the Year Ended October 31, 2004
Class A		9.93		0.38			—		0.41			0.79			(0.40	)		—			—			(0.40	)		0.39			10.32		8.15			14,846		1.03			0.95			0.95			3.85			41

416


	*— Selected Per-Share Data (a) —*																												*— Ratios and Supplemental Data —*
																																		*Ratio of*			*Ratio of*			*Ratio of*
																																		*Expenses*			*Expenses*			*Expenses*
																																		*to Average*			*to Average*			*to Average*
																																		*Net Assets*			*Net Assets*			*Net Assets*
							*Net*																											*Before*			*After*			*After*
							*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
							*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*				*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*		*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*		*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*		*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Tax-Free California Fund — (continued)
Class B	$	9.92	$	0.34	$	—	$	0.38		$	0.72		$	(0.33	)	$	—		$	—	$	(0.33	)	$	0.39		$	10.31		7.40	%	$	1,017		1.84	%		1.65	%		1.65	%		3.12	%		—	%
Class C		9.93		0.32		—		0.41			0.73			(0.33	)		—			—		(0.33	)		0.40			10.33		7.49			1,448		1.85			1.65			1.65			3.06			—
The Tax-Free Minnesota Fund
For the Year Ended October 31, 2008
Class A		9.94		0.42		—		(1.27	)		(0.85	)		(0.42	)		—			—		(0.42	)		(1.27	)		8.67		(8.84	)		7,566		0.99			0.85			0.85			4.36			22
Class B		9.96		0.35		—		(1.27	)		(0.92	)		(0.35	)		—			—		(0.35	)		(1.27	)		8.69		(9.51	)		772		1.75			1.60			1.60			3.63			—
Class C		9.96		0.35		—		(1.26	)		(0.91	)		(0.35	)		—			—		(0.35	)		(1.26	)		8.70		(9.41	)		1,262		1.72			1.60			1.60			3.69			—
Class L		9.98		0.42		—		(1.27	)		(0.85	)		(0.42	)		—			—		(0.42	)		(1.27	)		8.71		(8.85	)		2,287		0.92			0.90			0.90			4.32			—
Class Y		9.94		0.44		—		(1.26	)		(0.82	)		(0.44	)		—			—		(0.44	)		(1.26	)		8.68		(8.58	)		18,056		0.67			0.67			0.67			4.55			—
For the Year Ended October 31, 2007
Class A		10.33		0.41		—		(0.33	)		0.08			(0.41	)		(0.06	)		—		(0.47	)		(0.39	)		9.94		0.80			9,923		1.19			0.85			0.85			4.06			18
Class B		10.35		0.33		—		(0.32	)		0.01			(0.34	)		(0.06	)		—		(0.40	)		(0.39	)		9.96		0.05			759		1.96			1.60			1.60			3.30			—
Class C		10.37		0.33		—		(0.34	)		(0.01	)		(0.34	)		(0.06	)		—		(0.40	)		(0.41	)		9.96		(0.09	)		561		1.92			1.60			1.60			3.32			—
Class L (j)		10.37		0.43		—		(0.35	)		0.08			(0.41	)		(0.06	)		—		(0.47	)		(0.39	)		9.98		0.75			2,933		1.11			0.90			0.90			4.29			—
Class Y (j)		10.34		0.42		—		(0.33	)		0.09			(0.43	)		(0.06	)		—		(0.49	)		(0.40	)		9.94		0.84			21,965		0.86			0.71			0.71			4.35			—
For the Year Ended October 31, 2006
Class A		10.22		0.41		—		0.13			0.54			(0.41	)		(0.02	)		—		(0.43	)		0.11			10.33		5.35			6,846		1.23			0.85			0.85			3.97			16
Class B		10.23		0.33		—		0.14			0.47			(0.33	)		(0.02	)		—		(0.35	)		0.12			10.35		4.65			804		1.98			1.57			1.57			3.25			—
Class C		10.25		0.33		—		0.14			0.47			(0.33	)		(0.02	)		—		(0.35	)		0.12			10.37		4.65			411		1.96			1.57			1.57			3.25			—
Class L		10.25		0.40		—		0.14			0.54			(0.40	)		(0.02	)		—		(0.42	)		0.12			10.37		5.38			2,648		1.11			0.87			0.87			3.95			—
Class Y		10.22		0.41		—		0.14			0.55			(0.41	)		(0.02	)		—		(0.43	)		0.12			10.34		5.44			11		0.88			0.83			0.83			3.99			—
For the Year Ended October 31, 2005 (h)
Class A		10.44		0.39		—		(0.22	)		0.17			(0.39	)		—			—		(0.39	)		(0.22	)		10.22		1.66			5,547		1.26			0.85			0.85			3.76			10
Class B		10.45		0.31		—		(0.21	)		0.10			(0.32	)		—			—		(0.32	)		(0.22	)		10.23		0.91			814		2.02			1.60			1.60			3.01			—
Class C		10.46		0.32		—		(0.21	)		0.11			(0.32	)		—			—		(0.32	)		(0.21	)		10.25		1.01			418		2.03			1.60			1.60			3.02			—
Class L		10.47		0.39		—		(0.22	)		0.17			(0.39	)		—			—		(0.39	)		(0.22	)		10.25		1.62			2,890		1.12			0.90			0.90			3.70			—
Class Y		10.44		0.40		—		(0.23	)		0.17			(0.39	)		—			—		(0.39	)		(0.22	)		10.22		1.66			10		0.90			0.90			0.90			3.83			—
For the Year Ended October 31, 2004
Class A		10.46		0.41		—		0.24			0.65			(0.40	)		(0.27	)		—		(0.67	)		(0.02	)		10.44		6.37			4,286		1.27			0.98			0.98			3.87			13
Class B		10.46		0.33		—		0.25			0.58			(0.32	)		(0.27	)		—		(0.59	)		(0.01	)		10.45		5.71			645		1.99			1.68			1.68			3.16			—
Class C		10.48		0.33		—		0.24			0.57			(0.32	)		(0.27	)		—		(0.59	)		(0.02	)		10.46		5.60			321		1.98			1.69			1.69			3.15			—
Class L		10.49		0.41		—		0.24			0.65			(0.40	)		(0.27	)		—		(0.67	)		(0.02	)		10.47		6.41			2,765		1.07			0.96			0.96			3.88			—
Class Y		10.47		0.43		—		0.24			0.67			(0.43	)		(0.27	)		—		(0.70	)		(0.03	)		10.44		6.58			1		0.85			0.85			0.85			4.07			—
The Hartford Tax-Free National Fund
For the Year Ended October 31, 2008 (h)
Class A		10.88		0.48		—		(2.21	)		(1.73	)		(0.48	)		—			—		(0.48	)		(2.21	)		8.67		(16.40	)		113,542		0.94			0.85			0.85			4.63			77
Class B		10.80		0.39		—		(2.17	)		(1.78	)		(0.41	)		—			—		(0.41	)		(2.19	)		8.61		(16.97	)		5,223		1.75			1.60			1.60			3.87			—
Class C		10.83		0.39		—		(2.18	)		(1.79	)		(0.41	)		—			—		(0.41	)		(2.20	)		8.63		(17.02	)		27,234		1.70			1.60			1.60			3.89			—
Class I		10.90		0.48		—		(2.18	)		(1.70	)		(0.51	)		—			—		(0.51	)		(2.21	)		8.69		(16.16	)		4,705		0.66			0.60			0.60			4.89			—
Class L		10.85		0.48		—		(2.20	)		(1.72	)		(0.49	)		—			—		(0.49	)		(2.21	)		8.64		(16.41	)		5,790		0.90			0.80			0.80			4.67			—
Class Y		10.86		0.50		—		(2.20	)		(1.70	)		(0.51	)		—			—		(0.51	)		(2.21	)		8.65		(16.22	)		18,238		0.65			0.60			0.60			4.87			—
For the Year Ended October 31, 2007
Class A		11.34		0.47		—		(0.44	)		0.03			(0.46	)		(0.03	)		—		(0.49	)		(0.46	)		10.88		0.30			115,459		1.15			0.85			0.85			4.20			43
Class B		11.26		0.38		—		(0.43	)		(0.05	)		(0.38	)		(0.03	)		—		(0.41	)		(0.46	)		10.80		(0.45	)		6,839		1.95			1.60			1.60			3.43			—
Class C		11.29		0.38		—		(0.43	)		(0.05	)		(0.38	)		(0.03	)		—		(0.41	)		(0.46	)		10.83		(0.45	)		22,467		1.90			1.60			1.60			3.45			—
Class L (j)		11.31		0.48		—		(0.45	)		0.03			(0.46	)		(0.03	)		—		(0.49	)		(0.46	)		10.85		0.28			8,380		1.10			0.86			0.86			4.31			—
Class Y (j)		11.32		0.51		—		(0.46	)		0.05			(0.48	)		(0.03	)		—		(0.51	)		(0.46	)		10.86		0.48			26,275		0.85			0.65			0.65			4.78			—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		11.17		0.21		—		(0.27	)		(0.06	)		(0.21	)		—			—		(0.21	)		(0.27	)		10.90		(0.54	)(f)		3,505		0.87	(e)		0.60	(e)		0.60	(e)		4.81	(e)		—
For the Year Ended October 31, 2006
Class A		11.13		0.45		—		0.29			0.74			(0.45	)		(0.08	)		—		(0.53	)		0.21			11.34		6.82			71,876		1.22			1.00			1.00			4.06			14
Class B		11.06		0.37		—		0.28			0.65			(0.37	)		(0.08	)		—		(0.45	)		0.20			11.26		5.97			6,746		2.00			1.75			1.75			3.31			—
Class C		11.09		0.37		—		0.28			0.65			(0.37	)		(0.08	)		—		(0.45	)		0.20			11.29		5.95			12,889		1.97			1.75			1.75			3.31			—
Class L		11.10		0.44		—		0.29			0.73			(0.44	)		(0.08	)		—		(0.52	)		0.21			11.31		6.77			7,606		1.14			1.05			1.05			4.01			—
Class Y		11.11		0.46		—		0.29			0.75			(0.46	)		(0.08	)		—		(0.54	)		0.21			11.32		6.91			11		0.91			0.89			0.89			4.17			—
For the Year Ended October 31, 2005 (h)
Class A		11.22		0.43		—		(0.09	)		0.34			(0.43	)		—			—		(0.43	)		(0.09	)		11.13		3.10			46,163		1.26			1.00			1.00			3.88			22

417

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																												*— Ratios and Supplemental Data —*
																																		*Ratio of*			*Ratio of*			*Ratio of*
																																		*Expenses*			*Expenses*			*Expenses*
																																		*to Average*			*to Average*			*to Average*
																																		*Net Assets*			*Net Assets*			*Net Assets*
							*Net*																											*Before*			*After*			*After*
							*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
							*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*				*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*		*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*		*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*		*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Tax-Free National Fund — (continued)
Class B	$	11.15	$	0.35	$	—	$	(0.09	)	$	0.26		$	(0.35	)	$	—		$	—	$	(0.35	)	$	(0.09	)	$	11.06		2.36	%	$	6,889		2.03	%		1.75	%		1.75	%		3.13	%		—	%
Class C		11.18		0.35		—		(0.09	)		0.26			(0.35	)		—			—		(0.35	)		(0.09	)		11.09		2.35			8,496		1.99			1.75			1.75			3.13			—
Class L		11.19		0.43		—		(0.09	)		0.34			(0.43	)		—			—		(0.43	)		(0.09	)		11.10		3.06			7,958		1.16			1.05			1.05			3.83			—
Class Y		11.20		0.45		—		(0.10	)		0.35			(0.44	)		—			—		(0.44	)		(0.09	)		11.11		3.20			10		0.95			0.95			0.95			4.04			—
For the Year Ended October 31, 2004
Class A		11.07		0.45		—		0.32			0.77			(0.45	)		(0.17	)		—		(0.62	)		0.15			11.22		7.10			35,210		1.30			1.08			1.08			4.04			18
Class B		11.00		0.37		—		0.32			0.69			(0.37	)		(0.17	)		—		(0.54	)		0.15			11.15		6.39			6,236		2.01			1.78			1.78			3.32			—
Class C		11.02		0.37		—		0.33			0.70			(0.37	)		(0.17	)		—		(0.54	)		0.16			11.18		6.47			8,357		1.98			1.78			1.78			3.33			—
Class L		11.04		0.44		—		0.33			0.77			(0.45	)		(0.17	)		—		(0.62	)		0.15			11.19		7.12			7,687		1.15			1.08			1.08			4.02			—
Class Y		11.06		0.47		—		0.32			0.79			(0.48	)		(0.17	)		—		(0.65	)		0.14			11.20		7.36			1		0.91			0.91			0.91			4.23			—
The Hartford Tax-Free New York Fund
For the Year Ended October 31, 2008 (h)
Class A		10.14		0.42		—		(1.47	)		(1.05	)		(0.42	)		—			—		(0.42	)		(1.47	)		8.67		(10.70	)		10,935		0.97			0.85			0.85			4.29			39
Class B		10.14		0.34		—		(1.46	)		(1.12	)		(0.35	)		—			—		(0.35	)		(1.47	)		8.67		(11.38	)		1,464		1.74			1.60			1.60			3.52			—
Class C		10.14		0.35		—		(1.47	)		(1.12	)		(0.35	)		—			—		(0.35	)		(1.47	)		8.67		(11.38	)		2,252		1.73			1.60			1.60			3.53			—
For the Year Ended October 31, 2007
Class A		10.53		0.40		—		(0.33	)		0.07			(0.40	)		(0.06	)		—		(0.46	)		(0.39	)		10.14		0.65			11,276		0.97			0.85			0.85			3.90			18
Class B		10.53		0.32		—		(0.33	)		(0.01	)		(0.32	)		(0.06	)		—		(0.38	)		(0.39	)		10.14		(0.10	)		1,677		1.74			1.60			1.60			3.14			—
Class C		10.53		0.32		—		(0.33	)		(0.01	)		(0.32	)		(0.06	)		—		(0.38	)		(0.39	)		10.14		(0.09	)		2,669		1.73			1.60			1.60			3.15			—
For the Year Ended October 31, 2006
Class A		10.32		0.39		—		0.23			0.62			(0.39	)		(0.02	)		—		(0.41	)		0.21			10.53		6.21			11,182		1.03			0.85			0.85			3.78			25
Class B		10.32		0.31		—		0.24			0.55			(0.32	)		(0.02	)		—		(0.34	)		0.21			10.53		5.41			1,808		1.79			1.60			1.60			3.03			—
Class C		10.32		0.32		—		0.23			0.55			(0.32	)		(0.02	)		—		(0.34	)		0.21			10.53		5.41			2,492		1.78			1.60			1.60			3.03			—
For the Year Ended October 31, 2005
Class A		10.42		0.36		—		(0.08	)		0.28			(0.36	)		(0.02	)		—		(0.38	)		(0.10	)		10.32		2.66			11,202		1.03			0.85			0.85			3.45			23
Class B		10.42		0.28		—		(0.08	)		0.20			(0.28	)		(0.02	)		—		(0.30	)		(0.10	)		10.32		1.90			1,794		1.80			1.60			1.60			2.70			—
Class C		10.42		0.28		—		(0.08	)		0.20			(0.28	)		(0.02	)		—		(0.30	)		(0.10	)		10.32		1.90			2,677		1.79			1.60			1.60			2.70			—
For the Year Ended October 31, 2004
Class A		10.15		0.37		—		0.37			0.74			(0.39	)		(0.08	)		—		(0.47	)		0.27			10.42		7.52			10,541		1.04			0.91			0.91			3.66			24
Class B		10.15		0.30		—		0.37			0.67			(0.32	)		(0.08	)		—		(0.40	)		0.27			10.42		6.76			1,568		1.74			1.61			1.61			2.96			—
Class C		10.15		0.30		—		0.37			0.67			(0.32	)		(0.08	)		—		(0.40	)		0.27			10.42		6.76			1,973		1.75			1.62			1.62			2.95			—
The Hartford Total Return Bond Fund
For the Year Ended October 31, 2008
Class A		10.52		0.49		—		(1.29	)		(0.80	)		(0.52	)		—			—		(0.52	)		(1.32	)		9.20		(7.99	)		650,149		1.02			1.00			1.00			4.76			184
Class B		10.47		0.42		—		(1.29	)		(0.87	)		(0.45	)		—			—		(0.45	)		(1.32	)		9.15		(8.68	)		73,557		1.93			1.71			1.71			4.05			—
Class C		10.54		0.42		—		(1.30	)		(0.88	)		(0.44	)		—			—		(0.44	)		(1.32	)		9.22		(8.66	)		87,277		1.74			1.74			1.74			4.01			—
Class I		10.52		0.52		—		(1.28	)		(0.76	)		(0.55	)		—			—		(0.55	)		(1.31	)		9.21		(7.62	)		6,128		0.68			0.68			0.68			5.10			—
Class R3		10.64		0.47		—		(1.30	)		(0.83	)		(0.49	)		—			—		(0.49	)		(1.32	)		9.32		(8.15	)		130		1.44			1.25			1.25			4.62			—
Class R4		10.65		0.51		—		(1.32	)		(0.81	)		(0.52	)		—			—		(0.52	)		(1.33	)		9.32		(7.98	)		12,698		0.99			0.99			0.99			4.81			—
Class R5		10.64		0.54		—		(1.31	)		(0.77	)		(0.55	)		—			—		(0.55	)		(1.32	)		9.32		(7.62	)		271		0.70			0.70			0.70			5.08			—
Class Y		10.64		0.54		—		(1.31	)		(0.77	)		(0.56	)		—			—		(0.56	)		(1.33	)		9.31		(7.62	)		559,555		0.59			0.59			0.59			5.19			—
For the Year Ended October 31, 2007
Class A		10.59		0.49		—		(0.06	)		0.43			(0.50	)		—			—		(0.50	)		(0.07	)		10.52		4.11			601,301		1.07			1.00			1.00			4.71			268
Class B		10.54		0.41		—		(0.06	)		0.35			(0.42	)		—			—		(0.42	)		(0.07	)		10.47		3.36			82,376		1.96			1.75			1.75			3.95			—
Class C		10.61		0.42		—		(0.07	)		0.35			(0.42	)		—			—		(0.42	)		(0.07	)		10.54		3.33			84,793		1.78			1.75			1.75			3.95			—
Class I		10.60		0.53		—		(0.07	)		0.46			(0.54	)		—			—		(0.54	)		(0.08	)		10.52		4.42			3,050		0.72			0.72			0.72			5.04			—
Class Y		10.71		0.54		—		(0.07	)		0.47			(0.54	)		—			—		(0.54	)		(0.07	)		10.64		4.46			359,523		0.61			0.61			0.61			5.09			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.76		0.41		—		(0.14	)		0.27			(0.39	)		—			—		(0.39	)		(0.12	)		10.64		2.59	(f)		10		1.38	(e)		1.25	(e)		1.25	(e)		4.47	(e)		—
Class R4		10.76		0.42		—		(0.12	)		0.30			(0.41	)		—			—		(0.41	)		(0.11	)		10.65		2.90	(f)		2,928		1.09	(e)		1.00	(e)		1.00	(e)		4.95	(e)		—
Class R5		10.76		0.43		—		(0.12	)		0.31			(0.43	)		—			—		(0.43	)		(0.12	)		10.64		2.97	(f)		141		0.79	(e)		0.79	(e)		0.79	(e)		5.09	(e)		—
For the Year Ended October 31, 2006
Class A		10.62		0.41		—		0.04			0.45			(0.42	)		(0.06	)		—		(0.48	)		(0.03	)		10.59		4.35			432,703		1.20			1.20			1.20			3.98			456
Class B		10.57		0.33		—		0.04			0.37			(0.34	)		(0.06	)		—		(0.40	)		(0.03	)		10.54		3.56			79,506		2.02			1.95			1.95			3.20			—
Class C		10.64		0.34		—		0.03			0.37			(0.34	)		(0.06	)		—		(0.40	)		(0.03	)		10.61		3.63			75,194		1.87			1.87			1.87			3.29			—
Class Y		10.73		0.47		—		0.04			0.51			(0.47	)		(0.06	)		—		(0.53	)		(0.02	)		10.71		4.89			285,255		0.70			0.70			0.70			4.48			—

418


	*— Selected Per-Share Data (a) —*																												*— Ratios and Supplemental Data —*
																																		*Ratio of*			*Ratio of*			*Ratio of*
																																		*Expenses*			*Expenses*			*Expenses*
																																		*to Average*			*to Average*			*to Average*
																																		*Net Assets*			*Net Assets*			*Net Assets*
							*Net*																											*Before*			*After*			*After*
							*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
							*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*				*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*		*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*		*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*		*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Total Return Bond Fund — (continued)
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I	$	10.51	$	0.08	$	—	$	0.09		$	0.17		$	(0.08	)	$	—		$	—	$	(0.08	)	$	0.09		$	10.60		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		10.95		0.35		—		(0.24	)		0.11			(0.40	)		(0.04	)		—		(0.44	)		(0.33	)		10.62		1.00			311,557		1.24			1.20			1.20			3.24			195
Class B		10.90		0.27		—		(0.24	)		0.03			(0.32	)		(0.04	)		—		(0.36	)		(0.33	)		10.57		0.25			81,028		2.00			1.95			1.95			2.49			—
Class C		10.97		0.29		—		(0.25	)		0.04			(0.33	)		(0.04	)		—		(0.37	)		(0.33	)		10.64		0.34			74,039		1.87			1.87			1.87			2.56			—
Class Y		11.06		0.40		—		(0.24	)		0.16			(0.45	)		(0.04	)		—		(0.49	)		(0.33	)		10.73		1.45			188,156		0.73			0.73			0.73			3.73			—
For the Year Ended October 31, 2004
Class A		11.14		0.32		—		0.21			0.53			(0.35	)		(0.37	)		—		(0.72	)		(0.19	)		10.95		5.10	(i)		298,903		1.27			1.25			1.25			2.98			171
Class B		11.09		0.24		—		0.22			0.46			(0.28	)		(0.37	)		—		(0.65	)		(0.19	)		10.90		4.37	(i)		91,861		1.97			1.95			1.95			2.28			—
Class C		11.12		0.26		0.01		0.23			0.50			(0.28	)		(0.37	)		—		(0.65	)		(0.15	)		10.97		4.76	(i)		89,504		1.86			1.86			1.86			2.37			—
Class Y		11.24		0.39		—		0.21			0.60			(0.41	)		(0.37	)		—		(0.78	)		(0.18	)		11.06		5.64			101,360		0.74			0.74			0.74			3.48			—
The Hartford U.S. Government Securities Fund
For the Year Ended October 31, 2008 (h)
Class A		9.06		0.40		—		(0.28	)		0.12			(0.41	)		—			—		(0.41	)		(0.29	)		8.77		1.31			100,574		1.09			1.00			1.00			4.50			36
Class B		9.02		0.34		—		(0.29	)		0.05			(0.35	)		—			—		(0.35	)		(0.30	)		8.72		0.55			19,084		2.01			1.68			1.68			3.84			—
Class C		9.02		0.33		—		(0.28	)		0.05			(0.35	)		—			—		(0.35	)		(0.30	)		8.72		0.45			41,624		1.77			1.75			1.75			3.73			—
Class L		9.05		0.42		—		(0.30	)		0.12			(0.42	)		—			—		(0.42	)		(0.30	)		8.75		1.33			27,512		0.89			0.87			0.87			4.67			—
Class Y		9.08		0.44		—		(0.29	)		0.15			(0.45	)		—			—		(0.45	)		(0.30	)		8.78		1.56			69,071		0.64			0.64			0.64			4.91			—
For the Year Ended October 31, 2007
Class A		9.23		0.44		—		(0.17	)		0.27			(0.44	)		—			—		(0.44	)		(0.17	)		9.06		3.00			54,414		1.20			1.00			1.00			4.85			68
Class B		9.18		0.38		—		(0.17	)		0.21			(0.37	)		—			—		(0.37	)		(0.16	)		9.02		2.38			13,837		2.07			1.71			1.71			4.14			—
Class C		9.18		0.37		—		(0.16	)		0.21			(0.37	)		—			—		(0.37	)		(0.16	)		9.02		2.35			14,488		1.87			1.75			1.75			4.10			—
Class L (j)		9.22		0.46		—		(0.18	)		0.28			(0.45	)		—			—		(0.45	)		(0.17	)		9.05		3.08			31,681		0.93			0.91			0.91			5.02			—
Class Y (j)		9.20		0.46		—		(0.13	)		0.33			(0.45	)		—			—		(0.45	)		(0.12	)		9.08		3.72			78,906		0.68			0.68			0.68			5.65			—
For the Year Ended October 31, 2006 (h)
Class A		9.32		0.42		—		(0.08	)		0.34			(0.43	)		—			—		(0.43	)		(0.09	)		9.23		3.77			45,851		1.39			1.15			1.15			4.60			158
Class B		9.27		0.35		—		(0.08	)		0.27			(0.36	)		—			—		(0.36	)		(0.09	)		9.18		3.01			17,011		2.20			1.91			1.91			3.84			—
Class C		9.27		0.35		—		(0.08	)		0.27			(0.36	)		—			—		(0.36	)		(0.09	)		9.18		3.01			9,698		2.08			1.90			1.90			3.86			—
Class L		9.31		0.43		—		(0.08	)		0.35			(0.44	)		—			—		(0.44	)		(0.09	)		9.22		3.86			30,712		1.08			1.08			1.08			4.67			—
Class Y		9.32		0.41		—		(0.07	)		0.34			(0.46	)		—			—		(0.46	)		(0.12	)		9.20		3.75			101		0.85			0.83			0.83			4.86			—
For the Year Ended October 31, 2005
Class A		9.65		0.40		—		(0.32	)		0.08			(0.41	)		—			—		(0.41	)		(0.33	)		9.32		0.79			47,252		1.38			1.15			1.15			4.17			108
Class B		9.62		0.32		—		(0.34	)		(0.02	)		(0.33	)		—			—		(0.33	)		(0.35	)		9.27		(0.17	)		21,268		2.17			1.90			1.90			3.41			—
Class C		9.61		0.32		—		(0.33	)		(0.01	)		(0.33	)		—			—		(0.33	)		(0.34	)		9.27		(0.07	)		9,631		2.05			1.90			1.90			3.41			—
Class L		9.65		0.41		—		(0.34	)		0.07			(0.41	)		—			—		(0.41	)		(0.34	)		9.31		0.77			34,880		1.08			1.08			1.08			4.24			—
Class Y		9.66		0.41		—		(0.31	)		0.10			(0.44	)		—			—		(0.44	)		(0.34	)		9.32		1.04			9,244		0.86			0.86			0.86			4.52			—
For the Year Ended October 31, 2004
Class A		9.67		0.40		—		(0.01	)		0.39			(0.41	)		—			—		(0.41	)		(0.02	)		9.65		4.08			53,401		1.38			1.20			1.20			4.09			110
Class B		9.64		0.32		—		—			0.32			(0.34	)		—			—		(0.34	)		(0.02	)		9.62		3.37			26,218		2.11			1.90			1.90			3.39			—
Class C		9.63		0.32		—		—			0.32			(0.34	)		—			—		(0.34	)		(0.02	)		9.61		3.37			13,926		2.00			1.90			1.90			3.38			—
Class L		9.67		0.41		—		(0.01	)		0.40			(0.42	)		—			—		(0.42	)		(0.02	)		9.65		4.24			38,613		1.04			1.04			1.04			4.26			—
Class Y		9.68		0.44		—		(0.02	)		0.42			(0.44	)		—			—		(0.44	)		(0.02	)		9.66		4.48			1		0.83			0.83			0.83			4.51			—
The Hartford Value Fund
For the Year Ended October 31, 2008
Class A		14.13		0.16		—		(4.60	)		(4.44	)		(0.10	)		(0.64	)		—		(0.74	)		(5.18	)		8.95		(33.00	)		56,864		1.32			1.32			1.32			1.32			57
Class B		13.78		0.08		—		(4.49	)		(4.41	)		—			(0.64	)		—		(0.64	)		(5.05	)		8.73		(33.43	)		7,211		2.27			2.06			2.06			0.57			—
Class C		13.78		0.06		—		(4.48	)		(4.42	)		—			(0.64	)		—		(0.64	)		(5.06	)		8.72		(33.50	)		9,160		2.10			2.10			2.10			0.54			—
Class I		14.15		0.17		—		(4.56	)		(4.39	)		(0.15	)		(0.64	)		—		(0.79	)		(5.18	)		8.97		(32.67	)		598		0.96			0.96			0.96			1.66			—
Class R3		14.00		0.03		—		(4.46	)		(4.43	)		(0.06	)		(0.64	)		—		(0.70	)		(5.13	)		8.87		(33.14	)		122		1.73			1.65			1.65			0.87			—
Class R4		14.03		0.08		—		(4.48	)		(4.40	)		(0.10	)		(0.64	)		—		(0.74	)		(5.14	)		8.89		(32.93	)		166		1.31			1.31			1.31			1.29			—
Class R5		14.07		0.19		—		(4.56	)		(4.37	)		(0.14	)		(0.64	)		—		(0.78	)		(5.15	)		8.92		(32.71	)		8		0.98			0.98			0.98			1.65			—
Class Y		14.09		0.21		—		(4.57	)		(4.36	)		(0.16	)		(0.64	)		—		(0.80	)		(5.16	)		8.93		(32.65	)		211,366		0.88			0.88			0.88			1.76			—
For the Year Ended October 31, 2007
Class A		12.91		0.12		—		1.89			2.01			—			(0.79	)		—		(0.79	)		1.22			14.13		16.61	(i)		89,023		1.32			1.32			1.32			0.89			32
Class B		12.71		0.01		—		1.85			1.86			—			(0.79	)		—		(0.79	)		1.07			13.78		15.63	(i)		12,976		2.23			2.15			2.15			0.07			—
Class C		12.71		0.02		—		1.84			1.86			—			(0.79	)		—		(0.79	)		1.07			13.78		15.63	(i)		13,710		2.09			2.09			2.09			0.13			—

419

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)


	*— Selected Per-Share Data (a) —*																													*— Ratios and Supplemental Data —*
																																			*Ratio of*			*Ratio of*			*Ratio of*
																																			*Expenses*			*Expenses*			*Expenses*
																																			*to Average*			*to Average*			*to Average*
																																			*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																											*Before*			*After*			*After*
								*Realized*																	*Net*										*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*									*Distributions*								*Increase*										*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*			*Total*			*Dividends*			*from*								*(Decrease)*			*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*			*from*			*from Net*			*Realized*			*Distributions*					*in Net*			*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*			*Investment*			*Investment*			*Capital*			*from*		*Total*			*Asset*			*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*			*Operations*			*Income*			*Gains*			*Capital*		*Distributions*			*Value*			*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Value Fund — (continued)
Class Y	$	12.91	$	0.09		$	—	$	1.97		$	2.06		$	(0.09	)	$	(0.79	)	$	—	$	(0.88	)	$	1.18		$	14.09		17.07	(i)%	$	301,813		0.89	%		0.89	%		0.89	%		1.30	%		—	%
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		12.51		0.05			—		1.44			1.49			—			—			—		—			1.49			14.00		11.91	(f)		11		1.65	(e)		1.65	(e)		1.65	(e)		0.47	(e)		—
Class R4		12.51		0.09			—		1.43			1.52			—			—			—		—			1.52			14.03		12.15	(f)		11		1.35	(e)		1.35	(e)		1.35	(e)		0.78	(e)		—
Class R5		12.51		0.12			—		1.44			1.56			—			—			—		—			1.56			14.07		12.47	(f)		11		1.05	(e)		1.05	(e)		1.05	(e)		1.07	(e)		—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		13.85		0.03			—		0.27			0.30			—			—			—		—			0.30			14.15		2.17	(f)		46		1.00	(e)		1.00	(e)		1.00	(e)		1.00	(e)		—
For the Year Ended October 31, 2006
Class A		10.79		0.09			—		2.11			2.20			(0.08	)		—			—		(0.08	)		2.12			12.91		20.52			79,476		1.38			1.38			1.38			0.89			50
Class B		10.62		0.01			—		2.08			2.09			—			—			—		—			2.09			12.71		19.68			11,957		2.29			2.13			2.13			0.15			—
Class C		10.62		0.01			—		2.08			2.09			—			—			—		—			2.09			12.71		19.68			12,943		2.15			2.15			2.15			0.12			—
Class Y		10.79		0.15			—		2.10			2.25			(0.13	)		—			—		(0.13	)		2.12			12.91		21.07			72,054		0.92			0.92			0.92			1.36			—
For the Year Ended October 31, 2005
Class A		9.71		0.08			—		1.04			1.12			(0.04	)		—			—		(0.04	)		1.08			10.79		11.50			63,417		1.41			1.40			1.40			0.76			29
Class B		9.60		—			—		1.02			1.02			—			—			—		—			1.02			10.62		10.62			10,091		2.34			2.15			2.15			0.01			—
Class C		9.60		—			—		1.02			1.02			—			—			—		—			1.02			10.62		10.62			10,238		2.19			2.15			2.15			0.02			—
Class Y		9.71		0.12			—		1.05			1.17			(0.09	)		—			—		(0.09	)		1.08			10.79		12.06			60,218		0.93			0.93			0.93			1.19			—
For the Year Ended October 31, 2004 (h)
Class A		8.92		0.07			—		0.79			0.86			(0.07	)		—			—		(0.07	)		0.79			9.71		9.70			56,845		1.46			1.45			1.45			0.76			34
Class B		8.83		0.01			—		0.78			0.79			(0.02	)		—			—		(0.02	)		0.77			9.60		8.91			8,948		2.36			2.15			2.15			0.06			—
Class C		8.83		0.01			—		0.78			0.79			(0.02	)		—			—		(0.02	)		0.77			9.60		8.91			10,838		2.17			2.15			2.15			0.06			—
Class Y		8.95		0.10			—		0.77			0.87			(0.11	)		—			—		(0.11	)		0.76			9.71		9.76			21,373		0.91			0.91			0.91			1.32			—
The Hartford Value Opportunities Fund
For the Year Ended October 31, 2008
Class A		18.24		0.09			—		(7.48	)		(7.39	)		(0.04	)		(2.59	)		—		(2.63	)		(10.02	)		8.22		(46.75	)		59,576		1.50			1.40			1.40			0.62			65
Class B		16.75		—			—		(6.74	)		(6.74	)		—			(2.59	)		—		(2.59	)		(9.33	)		7.42		(46.99	)		7,613		2.47			1.95			1.95			0.08			—
Class C		16.71		(0.03	)		—		(6.71	)		(6.74	)		—			(2.59	)		—		(2.59	)		(9.33	)		7.38		(47.13	)		11,167		2.21			2.15			2.15			(0.12	)		—
Class I		18.13		0.07			—		(7.37	)		(7.30	)		(0.09	)		(2.59	)		—		(2.68	)		(9.98	)		8.15		(46.63	)		1,139		1.22			1.15			1.15			0.99			—
Class L		18.31		0.10			—		(7.49	)		(7.39	)		(0.07	)		(2.59	)		—		(2.66	)		(10.05	)		8.26		(46.62	)		19,403		1.21			1.20			1.20			0.82			—
Class R3		18.56		0.10			—		(7.64	)		(7.54	)		(0.10	)		(2.59	)		—		(2.69	)		(10.23	)		8.33		(46.93	)		657		1.72			1.65			1.65			0.30			—
Class R4		18.61		0.12			—		(7.66	)		(7.54	)		(0.09	)		(2.59	)		—		(2.68	)		(10.22	)		8.39		(46.73	)		1,877		1.37			1.35			1.35			0.66			—
Class R5		18.66		0.10			—		(7.64	)		(7.54	)		(0.09	)		(2.59	)		—		(2.68	)		(10.22	)		8.44		(46.57	)		6		1.07			1.05			1.05			0.96			—
Class Y		18.73		0.12			—		(7.67	)		(7.55	)		(0.11	)		(2.59	)		—		(2.70	)		(10.25	)		8.48		(46.52	)		18,603		0.97			0.97			0.97			1.01			—
For the Year Ended October 31, 2007
Class A		18.26		0.08			—		1.56			1.64			(0.14	)		(1.52	)		—		(1.66	)		(0.02	)		18.24		9.73	(i)		157,671		1.48			1.40			1.40			0.48			77
Class B		16.92		(0.04	)		—		1.43			1.39			(0.04	)		(1.52	)		—		(1.56	)		(0.17	)		16.75		8.90	(i)		20,792		2.38			2.13			2.13			(0.25	)		—
Class C		16.92		(0.01	)		—		1.40			1.39			(0.08	)		(1.52	)		—		(1.60	)		(0.21	)		16.71		8.91	(i)		32,738		2.19			2.15			2.15			(0.28	)		—
Class I		18.27		0.34			—		1.36			1.70			(0.32	)		(1.52	)		—		(1.84	)		(0.14	)		18.13		10.08	(i)		4,659		1.22			1.15			1.15			0.61			—
Class L (k)		18.29		0.09			—		1.59			1.68			(0.14	)		(1.52	)		—		(1.66	)		0.02			18.31		9.92	(i)		43,102		1.26			1.25			1.25			0.50			—
Class Y		18.48		0.51			—		1.26			1.77			—			(1.52	)		—		(1.52	)		0.25			18.73		10.30	(i)		26,645		0.94			0.94			0.94			1.19			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		17.74		—			—		0.82			0.82			—			—			—		—			0.82			18.56		4.62	(f)		124		1.78	(e)		1.65	(e)		1.65	(e)		0.03	(e)		—
Class R4		17.74		—			—		0.87			0.87			—			—			—		—			0.87			18.61		4.90	(f)		732		1.40	(e)		1.35	(e)		1.35	(e)		(0.01	)(e)		—
Class R5		17.74		0.12			—		0.80			0.92			—			—			—		—			0.92			18.66		5.19	(f)		11		1.17	(e)		1.05	(e)		1.05	(e)		0.75	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		15.56		0.09			—		3.11			3.20			—			(0.50	)		—		(0.50	)		2.70			18.26		21.12			111,324		1.52			1.40			1.40			0.51			57
Class B		14.56		(0.03	)		—		2.89			2.86			—			(0.50	)		—		(0.50	)		2.36			16.92		20.21			18,271		2.38			2.12			2.12			(0.20	)		—
Class C		14.56		(0.04	)		—		2.90			2.86			—			(0.50	)		—		(0.50	)		2.36			16.92		20.20			22,466		2.22			2.15			2.15			(0.24	)		—
Class L		15.58		0.12			—		3.11			3.23			(0.02	)		(0.50	)		—		(0.52	)		2.71			18.29		21.31			32,983		1.23			1.23			1.23			0.68			—
Class Y		15.74		0.15			—		3.15			3.30			(0.06	)		(0.50	)		—		(0.56	)		2.74			18.48		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		17.12		0.01			—		1.14			1.15			—			—			—		—			1.15			18.27		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		14.06		0.03			—		1.47			1.50			—			—			—		—			1.50			15.56		10.67			66,368		1.62			1.40			1.40			0.27			38
Class B		13.24		(0.05	)		—		1.37			1.32			—			—			—		—			1.32			14.56		9.97			13,560		2.51			2.15			2.15			(0.47	)		—
Class C		13.25		(0.05	)		—		1.36			1.31			—			—			—		—			1.31			14.56		9.89			13,258		2.33			2.15			2.15			(0.47	)		—
Class L		14.06		0.07			—		1.45			1.52			—			—			—		—			1.52			15.58		10.81			27,674		1.30			1.30			1.30			0.45			—

420


	*— Selected Per-Share Data (a) —*																							*— Ratios and Supplemental Data —*
																													*Ratio of*			*Ratio of*			*Ratio of*
																													*Expenses*			*Expenses*			*Expenses*
																													*to Average*			*to Average*			*to Average*
																													*Net Assets*			*Net Assets*			*Net Assets*
								*Net*																					*Before*			*After*			*After*
								*Realized*												*Net*									*Waivers and*			*Waivers and*			*Waivers and*			*Ratio of*
								*and*						*Distributions*						*Increase*									*Reimbursements*			*Reimbursements*			*Reimbursements*			*Net*
	*Net Asset*		*Net*					*Unrealized*		*Total*		*Dividends*		*from*						*(Decrease)*		*Net Asset*					*Net Assets*		*and Including*			*and Including*			*and Excluding*			*Investment*
	*Value at*		*Investment*			*Payments*		*Gain*		*from*		*from Net*		*Realized*		*Distributions*				*in Net*		*Value at*					*at End*		*Expenses not*			*Expenses not*			*Expenses not*			*Income to*			*Portfolio*
	*Beginning*		*Income*			*from (to)*		*(Loss) on*		*Investment*		*Investment*		*Capital*		*from*		*Total*		*Asset*		*End of*		*Total*			*of Period*		*Subject to*			*Subject to*			*Subject to*			*Average*			*Turnover*
	*of Period*		*(Loss)*			*Affiliate*		*Investments*		*Operations*		*Income*		*Gains*		*Capital*		*Distributions*		*Value*		*Period*		*Return (b)*			*(000’s)*		*Cap (d)*			*Cap (d)*			*Cap (d)*			*Net Assets*			*Rate (c)*

The Hartford Value Opportunities Fund — (continued)
Class Y	$	14.17	$	0.05		$	—	$	1.52	$	1.57	$	—	$	—	$	—	$	—	$	1.57	$	15.74		11.08	%	$	95,974		1.07	%		1.07	%		1.07	%		0.55	%		—	%
For the Year Ended October 31, 2004
Class A		12.15		0.01			—		1.90		1.91		—		—		—		—		1.91		14.06		15.72			24,601		1.82			1.45			1.45			0.08			52
Class B		11.53		(0.06	)		—		1.77		1.71		—		—		—		—		1.71		13.24		14.83			5,709		2.70			2.15			2.15			(0.64	)		—
Class C		11.53		(0.06	)		—		1.78		1.72		—		—		—		—		1.72		13.25		14.92			5,627		2.47			2.15			2.15			(0.64	)		—
Class L		12.15		—			—		1.91		1.91		—		—		—		—		1.91		14.06		15.72			25,687		1.42			1.42			1.42			0.04			—
Class Y		12.22		0.01			—		1.94		1.95		—		—		—		—		1.95		14.17		15.96			10,101		1.16			1.16			1.16			0.34			—


(a)		Information presented relates to a share of capital 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. (See Note 5(d) for impact on ratios)

(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 5 (g).

(j)		Classes H, M and N were merged into Class L and Class E was merged into Class Y on February 9, 2007.

(l)		Classes H, M and N were merged into Class L and Class Z was merged into Class Y on February 9, 2007.

(k)		Classes H, M and N were merged into Class L on February 9, 2007.

(m)		Information presented below represents the calculation of financial highlights from the commencement of Fund operations.


																																	Expenses			Expenses			Expenses
																																	to Average			to Average			to Average
																																	Net Assets			Net Assets			Net Assets
							Net Realized																Net										Before			After			After			Ratio
							and									Distributions							Increase										Waivers and			Waivers and			Waivers and			of Net
	Net Asset		Net				Unrealized			Total			Dividends			from							(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment		Payments		Gain			from			from Net			Realized		Distributions					in Net			Value at					at End		and Including			and Including			and Excluding			Income to			Portfolio
	Beginning		Income		from (to)		(Loss) on			Investment			Investment			Capital		from		Total			Asset			End of		Total			of Period		Interest			Interest			Interest			Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains		Capital		Distributions			Value			Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)

The Hartford High Yield Municipal Bond Fund
From (commencement of operations) May 1, 2007, through October 31, 2007
Class A	$	10.00	$	0.20	$	—	$	(0.54	)	$	(0.34	)	$	(0.20	)	$	—	$	—	$	(0.20	)	$	(0.54	)	$	9.46		(3.41	)(f)%	$	46,261		0.96	(e)%		0.23	(e)%		0.23	(e)%		4.72	(e)%		23	%
Class B		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—		—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		1,333		1.70	(e)		0.93	(e)		0.93	(e)		4.00	(e)		—
Class C		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—		—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		11,236		1.74	(e)		0.98	(e)		0.98	(e)		4.12	(e)		—
Class I		10.00		0.21		—		(0.53	)		(0.32	)		(0.21	)		—		—		(0.21	)		(0.53	)		9.47		(3.21	)(f)		6,879		0.76	(e)		—	(e)		—	(e)		5.11	(e)		—
The Hartford Strategic Income Fund
From (commencement of operations) May 15, 2007, through October 31, 2007
Class A		10.00		0.31		—		(0.26	)		0.05			(0.30	)		—		—		(0.30	)		(0.25	)		9.75		0.52	(f)		42,949		0.97	(e)		0.44	(e)		0.44	(e)		7.16	(e)		42
Class B		10.00		0.27		—		(0.26	)		0.01			(0.26	)		—		—		(0.26	)		(0.25	)		9.75		0.20	(f)		2,644		1.73	(e)		1.21	(e)		1.21	(e)		6.45	(e)		—
Class C		10.00		0.27		—		(0.25	)		0.02			(0.26	)		—		—		(0.26	)		(0.24	)		9.76		0.30	(f)		17,275		1.78	(e)		1.24	(e)		1.25	(e)		6.48	(e)		—
Class I		10.00		0.31		—		(0.23	)		0.08			(0.31	)		—		—		(0.31	)		(0.23	)		9.77		0.82	(f)		11,212		0.79	(e)		0.26	(e)		0.26	(e)		7.49	(e)		—

421

Report of Independent Registered Public Accounting Firm

The Board of Directors and Shareholders of
The Hartford Mutual Funds, Inc. and
The Hartford Mutual Funds II, Inc.

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of The Hartford Mutual Funds, Inc. (comprising, respectively, The Hartford Advisers Fund, The Hartford Balanced Allocation Fund, The Hartford Balanced Income Fund, The Hartford Capital Appreciation Fund, The Hartford Capital Appreciation II Fund, The Hartford Checks and Balances Fund, The Hartford Conservative Allocation Fund, The Hartford Disciplined Equity Fund, The Hartford Diversified International Fund, The Hartford Dividend and Growth Fund, The Hartford Equity Growth Allocation Fund, The Hartford Equity Income Fund, The Hartford Floating Rate Fund, The Hartford Fundamental Growth Fund, The Hartford Global Communications Fund, The Hartford Global Equity Fund, The Hartford Global Financial Services Fund, The Hartford Global Growth Fund, The Hartford Global Health Fund, The Hartford Global Technology Fund, The Hartford Growth Allocation Fund, The Hartford High Yield Fund, The Hartford High Yield Municipal Bond Fund, The Hartford Income Allocation Fund, The Hartford Income Fund, The Hartford Inflation Plus Fund, The Hartford International Growth Fund, The Hartford International Opportunities Fund, The Hartford International Small Company Fund, The Hartford Large Cap Growth Fund, The Hartford Midcap Fund, The Hartford MidCap Growth Fund, The Hartford MidCap Value Fund, The Hartford Money Market Fund, The Hartford Retirement Income Fund, The Hartford Select MidCap Value Fund, The Hartford Select SmallCap Value Fund, The Hartford Short Duration Fund, The Hartford Small Company Fund, The Hartford Stock Fund, The Hartford Strategic Income Fund, The Hartford Target Retirement 2010 Fund, The Hartford Target Retirement 2020 Fund, The Hartford Target Retirement 2030 Fund, The Hartford Tax-Free California Fund, The Hartford Tax Free New York Fund, The Hartford Total Return Bond Fund, and The Hartford Value Fund) and The Hartford Mutual Funds II, Inc. (comprising, respectively, 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) (collectively, the “Funds”) as of October 31, 2008, and the related statements of operations, statements of changes in net assets, and the financial highlights for each of the periods indicated therein. These financial statements and financial highlights are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. We are not engaged to perform an audit of the Funds’ internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Funds’ internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of October 31, 2008, by correspondence with the custodian, brokers, and agent banks or by other appropriate auditing procedures where replies from agent banks or brokers were not received. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of each of the Funds listed above constituting The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. at October 31, 2008, the results of their operations, the changes in their net assets, and the financial highlights for each of the periods indicated therein, in conformity with U.S. generally accepted accounting principles.

/s/ ERNST & YOUNG LLP

Minneapolis, Minnesota

December 15, 2008

422

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Directors and Officers (Unaudited)

The Board of Directors appoints 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 annual 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 financial interest in The Hartford are considered “interested” persons of the Funds pursuant to the Investment Company Act of 1940, as amended. 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 104 funds. Correspondence may be sent to directors and officers c/o Hartford Mutual Funds, P.O. Box 2999, Hartford, Connecticut, 06104-2999, except that correspondence to Ms. Fagely and Ms. Settimi may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125.

The table below sets forth, for each director and officer, his or her name, age, current position with the Funds and 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 62) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. 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, Jr. (age 68) 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 63) 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. 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 67) 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 (1995-2003).

William P. Johnston (age 64) Director since 2005, Chairman of the Compliance Committee

In February 2008, Mr. Johnston was elected to the Board of Directors of HCR-ManorCare, Inc. In August 2007, Mr. Johnston was elected to the Board of Directors of LifeCare Holdings, Inc. In July, 2006, Mr. Johnston was elected to the Board of Directors of MultiPlan, Inc. 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 64) 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 (an accounting firm) until July 1999. Mr. Peterson joined William Blair Funds in February 2007 as a member of the Board of Trustees. From January 2004 to April 2005, Mr. Peterson served as Independent President of the Strong Mutual Funds.

Lemma W. Senbet (age 62) 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. Dr. Senbet served the finance profession in various capacities, including as director of the American Finance Association and President of the Western Finance Association. In 2006, Dr. Senbet was inducted Fellow of Financial Management Association International for his career-long distinguished scholarship and professional service.

Interested Directors and Officers

Thomas M. Marra (age 50) Director since 2002

Mr. Marra has served as President and Chief Operating Officer of The Hartford Financial Services Group, Inc. (“The Hartford”) since 2007. Mr. Marra is also a member of the Board of Directors for The Hartford and currently serves as Director of Hartford Life, Inc (“HL, Inc.”). Mr. Marra served as Chief Operating Officer of Hartford Life Insurance Company, Inc. (“Hartford Life”), (2002-2007), as President of Hartford Life, (2000-2007) and as Director of Hartford Life’s Investment Products Division from 1998 to 2000.

423

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Directors and Officers (Unaudited) — (continued)

Lowndes A. Smith (age 69) 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.

John C. Walters (age 46) Director since 2008, President and Chief Executive Officer since 2007

Mr. Walters currently serves as Chief Executive Officer, President and Director of Hartford Life, Inc. (“HL, Inc.”). Mr. Walters previously served as President of the U.S. Wealth Management Division of Hartford Life, Inc., as Co-Chief Operating Officer of Hartford Life Insurance Company (2000-2008) and as Executive Vice President and Director of its Investment Products Division (2000-2008). Mr. Walters also serves as Chairman of the Board, Chief Executive Officer, President and Director of Hartford Life Insurance Company and as Executive Vice President of The Hartford. In addition, Mr. Walters is the Chief Executive Officer and President of Hartford Investment Financial Services, LLC and the Chief Executive Officer, President and Manager of HL Investment Advisors, LLC.

Other Officers

Robert M. Arena, Jr. (age 40) Vice President since 2006

Mr. Arena serves as Executive Vice President of Hartford Life Insurance Company, (“Hartford Life”). Additionally, Mr. Arena is Director and Senior Vice President of Hartford Administrative Services Company, (“HASCO”), Manager and Senior Vice President/Business Line Principal of Hartford Investment Financial Services, LLC (“HIFSCO”) and Manager and Senior Vice President of HL Investment Advisors LLC, (“HL Advisors”). Prior to joining The Hartford in 2004, Mr. Arena was Senior Vice President in charge of Product Management for American Skandia/Prudential in the individual annuities division. Mr. Arena joined American Skandia in 1996.

Tamara L. Fagely (age 50) Vice President, Treasurer and Controller since 1993

Ms. Fagely has been a Vice President of Hartford Administrative Services Company, (“HASCO”) since 1998 and Chief Financial Officer since 2006. Currently Ms. Fagely is a Vice President of Hartford Life Insurance Company, (“Hartford Life”). She served as Assistant Vice President of Hartford Life from December 2001 through March 2005. In addition, Ms. Fagely is Controller and Chief Financial Officer of Hartford Investment Financial Services, LLC, (“HIFSCO”).

Brian Ferrell (age 45) AML Compliance Officer since 2008

Mr. Ferrell has served as Assistant Vice President and AML Compliance Officer for The Hartford since 2006 and as AML Compliance Officer for Hartford Administrative Services Company (“HASCO”) and Hartford Investor Services Company, LLC (“HISC”) since 2008. Prior to joining The Hartford in 2006, Mr. Ferrell held various positions at the U.S. Department of the Treasury, (the “Treasury”), from 2001 to 2006 where he served as Chief Counsel for the Treasury’s Financial Crimes Enforcement Network, (“FinCEN”) from 2005-2006.

Thomas D. Jones, III (age 43) Vice President and Chief Compliance Officer since 2006

Mr. Jones serves as Chief Compliance Officer for the Hartford Mutual Funds and Vice President and Director of Securities Compliance for The Hartford. He is also Vice President of HIFSCO, HL Advisors, and Hartford Life Insurance Company. Mr. Jones joined The Hartford 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) (“MLIM”), where he worked from 1992-2004. At MLIM, Mr. Jones was responsible for the compliance oversight of various investment products, including mutual funds, wrap accounts, institutional accounts and alternative investments.

Edward P. Macdonald (age 41) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Assistant General Counsel and Assistant Vice President of The Hartford and Chief Legal Officer and Vice President of HIFSCO. He also serves as Vice President of HASCO, Assistant Vice President of Hartford Life Insurance Company, and Chief Legal Officer, Secretary and Vice President of HL Advisors. Prior to joining The Hartford in 2005, Mr. Macdonald was Chief Counsel, Investment Management for Prudential Financial (formerly American Skandia Investment Services, Inc.). He joined Prudential in April 1999.

Vernon J. Meyer (age 44) Vice President since 2006

Mr. Meyer serves as Senior Vice President of Hartford Life Insurance Company. He also serves as Senior Vice President of HIFSCO and HL Advisors. Prior to joining The Hartford in 2004, Mr. Meyer was with MassMutual which he joined in 1987.

Denise A. Settimi (age 48) Vice President since 2005

Ms. Settimi currently serves as Chief Operating Officer and Assistant Vice President of HASCO. She is also Assistant Vice President of HIFSCO and Hartford Life Insurance Company. Previously, Ms. Settimi was with American Express Financial Advisors, where she was Director of Retirement Plan Services from 1997 to 2003.

424

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Federal Tax Information (Unaudited)

The information set forth below is for the Funds’ fiscal year as required by federal tax law. Shareholders, however, must report distributions on a calendar year basis for income tax purposes which may include distributions of two fiscal years of the fund. Accordingly, the information needed by shareholders for income tax purposes will be sent to them in early 2009. Shareholders may wish to consult a tax advisor on how to report distributions for state and local purposes.

The income received from federal obligations is as follows:


			Other Direct
			Federal		Other
	U.S. Treasury *		Obligations *		Securities		Total		DRD **		QDI ***		QII ****		QSTGG****

Advisers Fund		9.00%		4.50%		86.50%		100.00%		15.00%		15.00%		65.00%		100.00%
Balanced Allocation Fund		10.00%		0.50%		89.50%		100.00%		20.00%		25.00%		50.00%		100.00%
Balanced Income Fund		0.50%		0.00%		99.50%		100.00%		40.00%		45.00%		60.00%		100.00%
Capital Appreciation Fund										30.00%		50.00%				100.00%
Capital Appreciation II Fund										10.00%		15.00%				100.00%
Checks and Balances Fund		3.00%		1.00%		96.00%		100.00%		40.00%		45.00%		65.00%
Conservative Allocation Fund		15.00%		0.50%		84.50%		100.00%		15.00%		20.00%		70.00%		100.00%
Disciplined Equity Fund										100.00%		100.00%
Dividend and Growth Fund										100.00%		100.00%		5.00%		100.00%
Equity Growth Allocation Fund										30.00%		40.00%		5.00%		100.00%
Equity Income Fund										100.00%		100.00%		5.00%		100.00%
Floating Rate Fund														100.00%
Fundamental Growth Fund										10.00%		15.00%				100.00%
Global Communications Fund										100.00%		100.00%		45.00%
Global Financial Services Fund										50.00%		85.00%		10.00%		100.00%
Global Growth Fund										10.00%		35.00%				100.00%
Global Health Fund										30.00%		50.00%				100.00%
Growth Fund										90.00%		100.00%				100.00%
Growth Allocation Fund		5.50%		0.50%		94.00%		100.00%		25.00%		35.00%		30.00%		100.00%
Growth Opportunities Fund										10.00%		10.00%				100.00%
High Yield Fund														100.00%
High Yield Municipal Bond Fund														100.00%
Income Fund		4.50%		0.00%		95.50%		100.00%						95.00%
Income Allocation Fund		23.00%		0.50%		76.50%		100.00%						100.00%
Inflation Plus Fund		96.00%		0.00%		4.00%		100.00%						100.00%
International Growth Fund												15.00%				100.00%
International Opportunities Fund												20.00%		15.00%		100.00%
International Small Company Fund												20.00%		5.00%		100.00%
LargeCap Growth Fund										45.00%		45.00%				100.00%
MidCap Fund										25.00%		30.00%				100.00%
MidCap Growth Fund										10.00%		10.00%				100.00%
MidCap Value Fund										40.00%		55.00%				100.00%
Money Market Fund		0.50%		2.00%		97.50%		100.00%						100.00%
Retirement Income Fund		17.50%		0.50%		82.00%		100.00%		10.00%		10.00%		85.00%		100.00%
Select MidCap Value Fund										20.00%		20.00%		5.00%		100.00%
Select SmallCap Value Fund										25.00%		25.00%		10.00%		100.00%
Short Duration Fund		5.00%		1.50%		93.50%		100.00%						100.00%
Small Company Fund										10.00%		10.00%				100.00%
SmallCap Growth Fund										45.00%		45.00%				100.00%
Stock Fund										100.00%		100.00%
Strategic Income Fund		1.50%		1.00%		97.50%		100.00%						95.00%
Target Retirement 2010 Fund		12.50%		0.50%		87.00%		100.00%		15.00%		20.00%		70.00%		100.00%
Target Retirement 2020 Fund		11.00%		0.50%		88.50%		100.00%		20.00%		25.00%		50.00%		100.00%
Target Retirement 2030 Fund		7.50%		0.50%		92.00%		100.00%		25.00%		30.00%		40.00%		100.00%
Total Return Bond Fund		4.00%		1.00%		95.00%		100.00%						90.00%
U.S. Government Securities Fund		5.00%		2.00%		93.00%		100.00%						100.00%
Value Fund										55.00%		60.00%		5.00%		100.00%
Value Opportunities Fund										25.00%		40.00%		5.00%		100.00%

426


*		The income received from federal obligations.
**		Income distributions, taxable as dividend income which qualify for deduction by corporations.
***		For the fiscal year ended October 31, 2008, certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided for by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The Funds intend to designate ordinary distributions declared as taxed at a maximum rate of 15%.
****		Applicable for non-resident foreign shareholders only. These are the percentages of ordinary income distributions that are designated as interest-related dividends under Internal Revenue Code Section 871(k)(1)(C) (QII) and as short-term capital gain distributions under Internal Revenue Code Section 871(k)(2)(C) (QSTCG).

Complete information will be computed and reported in conjunction with your 2008 Form 1099-DIV.


Foreign Tax Credit Pass-Through

The following Funds intend to make an election under the Internal Revenue Code Section 853 to pass-through foreign taxes paid by the Funds to their shareholders as follows:
Diversified International Fund	$	5
Global Communications Fund		179
Global Financial Services Fund		117
International Growth fund		921
International Opportunities Fund		1,134
International Small Company Fund		446

Detailed below are the per share distributions made for the fiscal year ended October 31, 2008.


	Class A		Class B		Class C		Class I		Class L	Class R3		Class R4		Class R5		Class Y

Advisers Fund
Income		0.250		0.113		0.143					0.217		0.268		0.306		0.320
Short-Term Capital Gain		1.219		1.219		1.219					1.219		1.219		1.219		1.219
Long-Term Capital Gain		0.774		0.774		0.774					0.774		0.774		0.774		0.774

Total		2.243		2.106		2.136					2.210		2.261		2.299		2.313

Balanced Allocation Fund
Income		0.477		0.385		0.391		0.513			0.449		0.476		0.506
Short-Term Capital Gain		0.030		0.030		0.030		0.030			0.030		0.030		0.030
Long-Term Capital Gain		0.545		0.545		0.545		0.545			0.545		0.545		0.545

Total		1.052		0.960		0.966		1.088			1.024		1.051		1.081

Balanced Income Fund
Income		0.404		0.322		0.323											0.433
Short-Term Capital Gain		0.040		0.040		0.040											0.040
Long-Term Capital Gain		0.005		0.005		0.005											0.005

Total		0.449		0.367		0.368											0.478

Capital Appreciation Fund
Short-Term Capital Gain		0.984		0.984		0.984		0.984			0.984		0.984		0.984		0.984
Long-Term Capital Gain		2.744		2.744		2.744		2.744			2.744		2.744		2.744		2.744

Total		3.728		3.728		3.728		3.728			3.728		3.728		3.728		3.728

Capital Appreciation II Fund
Short-Term Capital Gain		0.883		0.883		0.883		0.883			0.883		0.883		0.883		0.883
Long-Term Capital Gain		0.291		0.291		0.291		0.291			0.291		0.291		0.291		0.291

Total		1.174		1.174		1.174		1.174			1.174		1.174		1.174		1.174

Checks and Balances Fund
Income		0.228		0.165		0.169		0.139			0.042		0.044		0.046

Conservative Allocation Fund
Income		0.424		0.341		0.350		0.453			0.391		0.425		0.449
Short-Term Capital Gain		0.052		0.052		0.052		0.052			0.052		0.052		0.052
Long-Term Capital Gain		0.346		0.346		0.346		0.346			0.346		0.346		0.346

Total		0.822		0.739		0.748		0.851			0.789		0.823		0.847

Disciplined Equity Fund
Income		0.023											0.040		0.083		0.103

427

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Federal Tax Information (Unaudited) — (continued)


	Class A		Class B		Class C		Class I		Class L	Class R3		Class R4		Class R5		Class Y

Dividend and Growth Fund
Income		0.308		0.129		0.160		0.378			0.249		0.322		0.369		0.388
Short-Term Capital Gain		0.111		0.111		0.111		0.111			0.111		0.111		0.111		0.111
Long-Term Capital Gain		1.129		1.129		1.129		1.129			1.129		1.129		1.129		1.128

Total		1.548		1.369		1.400		1.618			1.489		1.562		1.609		1.627

Equity Growth Allocation Fund
Income		0.554		0.464		0.465		0.603			0.549		0.596		0.602
Short-Term Capital Gain		0.004		0.004		0.004		0.004			0.004		0.004		0.004
Long-Term Capital Gain		0.892		0.892		0.892		0.892			0.892		0.892		0.892

Total		1.450		1.360		1.361		1.499			1.445		1.492		1.498

Equity Income Fund
Income		0.316		0.198		0.215		0.356			0.280		0.317		0.356		0.368
Short-Term Capital Gain		0.073		0.073		0.073		0.073			0.073		0.073		0.073		0.073
Long-Term Capital Gain		0.322		0.322		0.322		0.322			0.322		0.322		0.322		0.322

Total		0.711		0.593		0.610		0.751			0.675		0.712		0.751		0.763

Floating Rate Fund
Income		0.529		0.461		0.459		0.552			0.507		0.529		0.543		0.557

Fundamental Growth Fund
Short-Term Capital Gain		1.295		1.295		1.295											1.295
Long-Term Capital Gain		0.228		0.228		0.228											0.228

Total		1.523		1.523		1.523											1.523

Global Communications Fund
Income		0.010		0.000		0.000											0.050
Long-Term Capital Gain		0.479		0.479		0.479											0.479

Total		0.489		0.479		0.479											0.529

Global Financial Services Fund
Income		0.143		0.052		0.061											0.186
Short-Term Capital Gain		0.103		0.103		0.103											0.103
Long-Term Capital Gain		1.484		1.484		1.484											1.484

Total		1.730		1.639		1.648											1.773

Global Growth Fund
Short-Term Capital Gain		0.547		0.547		0.547					0.547		0.547		0.547		0.547
Long-Term Capital Gain		2.113		2.113		2.113					2.113		2.113		2.113		2.113

Total		2.660		2.660		2.660					2.660		2.660		2.660		2.660

Global Health Fund
Short-Term Capital Gain		0.357		0.357		0.357		0.357			0.357		0.357		0.357		0.357
Long-Term Capital Gain		0.942		0.942		0.942		0.942			0.942		0.942		0.942		0.942

Total		1.299		1.299		1.299		1.299			1.299		1.299		1.299		1.299

Growth Allocation Fund
Income		0.469		0.380		0.385		0.514			0.462		0.509		0.512
Short-Term Capital Gain		0.044		0.044		0.044		0.044			0.044		0.044		0.044
Long-Term Capital Gain		0.751		0.751		0.751		0.751			0.751		0.751		0.751

Total		1.264		1.175		1.180		1.309			1.257		1.304		1.307

428


	Class A		Class B		Class C		Class I		Class L		Class R3		Class R4		Class R5		Class Y

Growth Fund
Short-Term Capital Gain		0.163		0.163		0.163		0.163		0.163		0.163		0.163		0.163		0.163
Long-Term Capital Gain		1.414		1.414		1.414		1.414		1.414		1.414		1.414		1.414		1.414

Total		1.577		1.577		1.577		1.577		1.577		1.577		1.577		1.577		1.577

Growth Opportunities Fund
Income		0.000		0.000		0.000		0.083		0.011		0.000		0.058		0.070		0.078
Short-Term Capital Gain		2.699		2.699		2.699		2.699		2.699		2.699		2.699		2.699		2.699
Long-Term Capital Gain		1.684		1.684		1.684		1.684		1.684		1.684		1.684		1.684		1.684

Total		4.383		4.383		4.383		4.466		4.394		4.383		4.441		4.453		4.461

High Yield Fund
Income		0.578		0.524		0.523		0.602				0.559		0.582		0.597		0.603

High Yield Municipal Bond Fund
Tax-Exempt Income		0.494		0.425		0.427		0.515

Income Allocation Fund
Income		0.472		0.400		0.401		0.497				0.436		0.464		0.494

Income Fund
Income		0.530		0.457		0.457												0.561

Inflation Plus Fund
Income		0.611		0.528		0.528		0.638				0.567		0.593		0.627		0.641

International Growth Fund
Short-Term Capital Gain		1.374		1.374		1.374		1.374				1.374		1.374		1.374		1.374
Long-Term Capital Gain		1.032		1.032		1.032		1.032				1.032		1.032		1.032		1.032

Total		2.406		2.406		2.406		2.406				2.406		2.406		2.406		2.406

International Opportunities Fund
Income		0.061		0.000		0.000						0.031		0.067		0.116		0.142
Short-Term Capital Gain		1.756		1.756		1.756						1.756		1.756		1.756		1.756
Long-Term Capital Gain		1.445		1.445		1.445						1.445		1.445		1.445		1.445

Total		3.262		3.201		3.201						3.232		3.268		3.317		3.343

International Small Company Fund
Income		0.163		0.060		0.066		0.224										0.227
Short-Term Capital Gain		1.131		1.131		1.131		1.131										1.131
Long-Term Capital Gain		0.820		0.820		0.820		0.820										0.820

Total		2.114		2.011		2.017		2.175										2.178

LargeCap Growth Fund
Short-Term Capital Gain		0.190		0.190		0.190												0.190

MidCap Fund
Income		0.111		0.000		0.000												0.202
Short-Term Capital Gain		1.098		1.098		1.098												1.098
Long-Term Capital Gain		2.864		2.864		2.864												2.864

Total		4.073		3.962		3.962												4.164

MidCap Growth Fund
Short-Term Capital Gain		1.385		1.385		1.385												1.385
Long-Term Capital Gain		0.193		0.193		0.193												0.193

Total		1.578		1.578		1.578												1.578

429

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Federal Tax Information (Unaudited) — (continued)


	Class A		Class B		Class C		Class I		Class L		Class R3		Class R4		Class R5		Class Y

MidCap Value Fund
Short-Term Capital Gain		0.367		0.367		0.367												0.367
Long-Term Capital Gain		2.114		2.114		2.114												2.114

Total		2.481		2.481		2.481												2.481

Money Market Fund
Income		0.023		0.015		0.016						0.020		0.023		0.026		0.027

Retirement Income Fund
Income		0.404		0.336		0.338						0.367		0.397		0.423
Short-Term Capital Gain		0.101		0.101		0.101						0.101		0.101		0.101
Long-Term Capital Gain		0.041		0.041		0.041						0.041		0.041		0.041

Total		0.546		0.478		0.480						0.509		0.539		0.565

Select MidCap Value Fund
Income		0.011		0.000		0.000												0.060
Short-Term Capital Gain		0.731		0.731		0.731												0.731
Long-Term Capital Gain		0.502		0.502		0.502												0.502

Total		1.244		1.233		1.233												1.293

Select SmallCap Value Fund
Income		0.060		0.000		0.000												0.088
Short-Term Capital Gain		0.685		0.685		0.685												0.685
Long-Term Capital Gain		0.061		0.061		0.061												0.061

Total		0.806		0.746		0.746												0.834

Short Duration Fund
Income		0.362		0.290		0.290												0.393

Small Company Fund
Short-Term Capital Gain		1.699		1.699		1.699		1.699				1.699		1.699		1.699		1.699
Long-Term Capital Gain		0.928		0.928		0.928		0.928				0.928		0.928		0.928		0.928

Total		2.627		2.627		2.627		2.627				2.627		2.627		2.627		2.627

SmallCap Growth Fund
Short-Term Capital Gain		0.442		0.442		0.442		0.442		0.442		0.442		0.442		0.442		0.442
Long-Term Capital Gain		2.909		2.909		2.909		2.909		2.909		2.909		2.909		2.909		2.909

Total		3.351		3.351		3.351		3.351		3.351		3.351		3.351		3.351		3.351

Stock Fund
Income		0.027										0.078		0.050		0.122		0.156

Strategic Income Fund
Income		0.657		0.583		0.586		0.680										0.685

Target Retirement 2010 Fund
Income		0.406		0.333		0.324						0.367		0.406		0.428		0.438
Short-Term Capital Gain		0.119		0.119		0.119						0.119		0.119		0.119		0.119
Long-Term Capital Gain		0.091		0.091		0.091						0.091		0.091		0.091		0.091

Total		0.616		0.543		0.534						0.577		0.616		0.638		0.648

Target Retirement 2020 Fund
Income		0.426		0.349		0.352						0.394		0.422		0.448		0.462
Short-Term Capital Gain		0.039		0.039		0.039						0.039		0.039		0.039		0.039
Long-Term Capital Gain		0.051		0.051		0.051						0.051		0.051		0.051		0.051

Total		0.516		0.439		0.442						0.484		0.512		0.538		0.552

430


	Class A		Class B		Class C		Class I		Class L		Class R3		Class R4		Class R5		Class Y

Target Retirement 2030 Fund
Income		0.366		0.315		0.315						0.318		0.380		0.379		0.388
Short-Term Capital Gain		0.054		0.054		0.054						0.054		0.054		0.054		0.054
Long-Term Capital Gain		0.049		0.049		0.049						0.049		0.049		0.049		0.049

Total		0.469		0.418		0.418						0.421		0.483		0.482		0.491

Tax-Free California Fund
Tax-Exempt Income		0.435		0.363		0.363

Tax-Free Minnesota Fund
Tax-Exempt Income		0.422		0.349		0.349				0.417								0.438

Tax-Free National Fund
Tax-Exempt Income		0.485		0.408		0.408		0.511		0.490								0.510

Tax-Free New York Fund
Tax-Exempt Income		0.420		0.346		0.346

Total Return Bond Fund
Income		0.520		0.447		0.444		0.551				0.492		0.521		0.551		0.562

U.S. Government Securities Fund
Income		0.413		0.354		0.345				0.425								0.446

Value Fund
Income		0.102		0.000		0.002		0.156				0.066		0.105		0.141		0.159
Short-Term Capital Gain		0.321		0.321		0.321		0.321				0.321		0.321		0.321		0.321
Long-Term Capital Gain		0.317		0.317		0.317		0.317				0.317		0.317		0.317		0.317

Total		0.740		0.638		0.640		0.794				0.704		0.743		0.779		0.797

Value Opportunities Fund
Income		0.046		0.000		0.000		0.096		0.072		0.098		0.095		0.097		0.109
Short-Term Capital Gain		0.638		0.638		0.638		0.638		0.638		0.638		0.638		0.638		0.638
Long-Term Capital Gain		1.949		1.949		1.949		1.949		1.949		1.949		1.949		1.949		1.949

Total		2.633		2.587		2.587		2.683		2.659		2.685		2.682		2.684		2.696

The Funds also designate as distributions of long-term gains, to the extent necessary to fully distribute such capital gains, earnings and profits distributed to shareholders on the redemption of shares.

431

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited)

Your Fund’s Expenses

As a shareholder of the Funds, 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 Funds 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 April 30, 2008 through October 31, 2008.

Actual Expenses

The first column of the table below provides information about actual account values and actual expenses. You may use the information in this column, 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 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 set of columns 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 184/366 (to reflect the one-half year period).


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford Advisers Fund
Class A	$	1,000.00	$	718.73	$	5.09	$	1,000.00	$	1,019.20	$	5.98		1.18	%		184		366
Class B	$	1,000.00	$	716.22	$	8.54	$	1,000.00	$	1,015.17	$	10.03		1.98	%		184		366
Class C	$	1,000.00	$	716.73	$	8.08	$	1,000.00	$	1,015.72	$	9.48		1.87	%		184		366
Class R3	$	1,000.00	$	718.10	$	6.18	$	1,000.00	$	1,017.93	$	7.26		1.43	%		184		366
Class R4	$	1,000.00	$	718.92	$	4.78	$	1,000.00	$	1,019.57	$	5.61		1.11	%		184		366
Class R5	$	1,000.00	$	720.27	$	3.39	$	1,000.00	$	1,021.18	$	3.99		0.79	%		184		366
Class Y	$	1,000.00	$	720.48	$	3.01	$	1,000.00	$	1,021.63	$	3.53		0.70	%		184		366
The Hartford Balanced Allocation Fund
Class A	$	1,000.00	$	745.53	$	2.37	$	1,000.00	$	1,022.41	$	2.74		0.54	%		184		366
Class B	$	1,000.00	$	741.66	$	5.95	$	1,000.00	$	1,018.29	$	6.90		1.36	%		184		366
Class C	$	1,000.00	$	742.58	$	5.66	$	1,000.00	$	1,018.63	$	6.56		1.29	%		184		366
Class I	$	1,000.00	$	745.90	$	0.97	$	1,000.00	$	1,024.02	$	1.12		0.22	%		184		366
Class R3	$	1,000.00	$	742.63	$	4.00	$	1,000.00	$	1,020.54	$	4.64		0.91	%		184		366
Class R4	$	1,000.00	$	744.47	$	2.58	$	1,000.00	$	1,022.17	$	2.99		0.59	%		184		366
Class R5	$	1,000.00	$	745.89	$	1.27	$	1,000.00	$	1,023.67	$	1.47		0.29	%		184		366
The Hartford Balanced Income Fund
Class A	$	1,000.00	$	805.86	$	5.90	$	1,000.00	$	1,018.59	$	6.60		1.30	%		184		366
Class B	$	1,000.00	$	803.23	$	9.06	$	1,000.00	$	1,015.08	$	10.12		2.00	%		184		366
Class C	$	1,000.00	$	802.84	$	9.14	$	1,000.00	$	1,014.99	$	10.21		2.02	%		184		366
Class Y	$	1,000.00	$	807.66	$	4.24	$	1,000.00	$	1,020.43	$	4.74		0.93	%		184		366

432


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford Capital Appreciation Fund
Class A	$	1,000.00	$	601.90	$	4.56	$	1,000.00	$	1,019.43	$	5.75		1.13	%		184		366
Class B	$	1,000.00	$	599.48	$	7.78	$	1,000.00	$	1,015.40	$	9.81		1.94	%		184		366
Class C	$	1,000.00	$	599.71	$	7.46	$	1,000.00	$	1,015.80	$	9.40		1.86	%		184		366
Class I	$	1,000.00	$	602.93	$	3.33	$	1,000.00	$	1,020.97	$	4.20		0.83	%		184		366
Class R3	$	1,000.00	$	601.25	$	5.87	$	1,000.00	$	1,017.80	$	7.39		1.46	%		184		366
Class R4	$	1,000.00	$	601.92	$	4.54	$	1,000.00	$	1,019.46	$	5.73		1.13	%		184		366
Class R5	$	1,000.00	$	602.87	$	3.33	$	1,000.00	$	1,020.97	$	4.20		0.83	%		184		366
Class Y	$	1,000.00	$	603.10	$	2.91	$	1,000.00	$	1,021.49	$	3.68		0.72	%		184		366
The Hartford Capital Appreciation II Fund
Class A	$	1,000.00	$	641.44	$	5.90	$	1,000.00	$	1,017.93	$	7.26		1.43	%		184		366
Class B	$	1,000.00	$	638.76	$	9.50	$	1,000.00	$	1,013.53	$	11.68		2.31	%		184		366
Class C	$	1,000.00	$	639.84	$	8.93	$	1,000.00	$	1,014.23	$	10.97		2.17	%		184		366
Class I	$	1,000.00	$	642.80	$	4.54	$	1,000.00	$	1,019.60	$	5.58		1.10	%		184		366
Class R3	$	1,000.00	$	640.96	$	7.35	$	1,000.00	$	1,016.16	$	9.03		1.78	%		184		366
Class R4	$	1,000.00	$	641.60	$	5.90	$	1,000.00	$	1,017.94	$	7.25		1.43	%		184		366
Class R5	$	1,000.00	$	642.90	$	4.92	$	1,000.00	$	1,019.13	$	6.05		1.19	%		184		366
Class Y	$	1,000.00	$	642.96	$	4.16	$	1,000.00	$	1,020.06	$	5.12		1.01	%		184		366
The Hartford Checks and Balances Fund
Class A	$	1,000.00	$	741.59	$	1.84	$	1,000.00	$	1,023.01	$	2.14		0.42	%		184		366
Class B	$	1,000.00	$	737.36	$	5.39	$	1,000.00	$	1,018.92	$	6.26		1.23	%		184		366
Class C	$	1,000.00	$	737.49	$	5.16	$	1,000.00	$	1,019.19	$	5.99		1.18	%		184		366
Class I	$	1,000.00	$	742.66	$	0.70	$	1,000.00	$	1,024.32	$	0.82		0.16	%		184		366
Class R3	$	1,000.00	$	788.10	$	3.64	$	1,000.00	$	1,021.05	$	4.12		0.81	%		184		366
Class R4	$	1,000.00	$	789.40	$	2.29	$	1,000.00	$	1,022.56	$	2.59		0.51	%		184		366
Class R5	$	1,000.00	$	789.60	$	0.95	$	1,000.00	$	1,024.07	$	1.07		0.21	%		184		366
The Hartford Conservative Allocation Fund
Class A	$	1,000.00	$	795.00	$	2.58	$	1,000.00	$	1,022.25	$	2.91		0.57	%		184		366
Class B	$	1,000.00	$	792.10	$	6.57	$	1,000.00	$	1,017.79	$	7.40		1.46	%		184		366
Class C	$	1,000.00	$	792.51	$	6.00	$	1,000.00	$	1,018.43	$	6.76		1.33	%		184		366
Class I	$	1,000.00	$	796.54	$	1.64	$	1,000.00	$	1,023.30	$	1.85		0.36	%		184		366
Class R3	$	1,000.00	$	794.17	$	4.34	$	1,000.00	$	1,020.29	$	4.89		0.96	%		184		366
Class R4	$	1,000.00	$	794.54	$	2.86	$	1,000.00	$	1,021.94	$	3.22		0.63	%		184		366
Class R5	$	1,000.00	$	795.97	$	1.53	$	1,000.00	$	1,023.43	$	1.72		0.34	%		184		366
The Hartford Disciplined Equity Fund
Class A	$	1,000.00	$	699.47	$	5.97	$	1,000.00	$	1,018.10	$	7.09		1.40	%		184		366
Class B	$	1,000.00	$	697.30	$	8.10	$	1,000.00	$	1,015.59	$	9.61		1.90	%		184		366
Class C	$	1,000.00	$	696.75	$	9.13	$	1,000.00	$	1,014.36	$	10.84		2.14	%		184		366
Class R3	$	1,000.00	$	698.31	$	7.03	$	1,000.00	$	1,016.85	$	8.35		1.65	%		184		366
Class R4	$	1,000.00	$	699.70	$	5.46	$	1,000.00	$	1,018.71	$	6.48		1.28	%		184		366
Class R5	$	1,000.00	$	700.65	$	4.23	$	1,000.00	$	1,020.16	$	5.02		0.99	%		184		366
Class Y	$	1,000.00	$	700.87	$	3.77	$	1,000.00	$	1,020.69	$	4.49		0.88	%		184		366
The Hartford Diversified International Fund
Class A	$	1,000.00	$	588.00	$	4.18	$	1,000.00	$	1,011.52	$	5.30		1.57	%		123		366
Class B	$	1,000.00	$	587.00	$	6.14	$	1,000.00	$	1,009.05	$	7.78		2.31	%		123		366
Class C	$	1,000.00	$	587.00	$	6.17	$	1,000.00	$	1,009.01	$	7.81		2.32	%		123		366
Class I	$	1,000.00	$	589.00	$	3.46	$	1,000.00	$	1,012.44	$	4.38		1.30	%		123		366
Class R3	$	1,000.00	$	588.00	$	5.05	$	1,000.00	$	1,010.43	$	6.39		1.89	%		123		366
Class R4	$	1,000.00	$	588.00	$	4.38	$	1,000.00	$	1,011.27	$	5.55		1.64	%		123		366
Class R5	$	1,000.00	$	589.00	$	3.72	$	1,000.00	$	1,012.11	$	4.71		1.39	%		123		366
Class Y	$	1,000.00	$	589.00	$	3.47	$	1,000.00	$	1,012.43	$	4.39		1.30	%		123		366
The Hartford Dividend and Growth Fund
Class A	$	1,000.00	$	724.40	$	4.74	$	1,000.00	$	1,019.63	$	5.55		1.09	%		184		366
Class B	$	1,000.00	$	721.28	$	8.61	$	1,000.00	$	1,015.13	$	10.08		1.99	%		184		366
Class C	$	1,000.00	$	721.35	$	7.97	$	1,000.00	$	1,015.86	$	9.34		1.84	%		184		366
Class I	$	1,000.00	$	725.67	$	3.54	$	1,000.00	$	1,021.03	$	4.14		0.82	%		184		366
Class R3	$	1,000.00	$	723.22	$	6.49	$	1,000.00	$	1,017.59	$	7.60		1.50	%		184		366
Class R4	$	1,000.00	$	724.37	$	4.71	$	1,000.00	$	1,019.66	$	5.52		1.09	%		184		366
Class R5	$	1,000.00	$	725.24	$	3.46	$	1,000.00	$	1,021.12	$	4.05		0.80	%		184		366
Class Y	$	1,000.00	$	725.62	$	2.97	$	1,000.00	$	1,021.68	$	3.48		0.69	%		184		366

433

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited) — (continued)


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford Equity Growth Allocation Fund
Class A	$	1,000.00	$	656.89	$	2.89	$	1,000.00	$	1,021.64	$	3.52		0.69	%		184		366
Class B	$	1,000.00	$	654.15	$	6.22	$	1,000.00	$	1,017.60	$	7.59		1.50	%		184		366
Class C	$	1,000.00	$	654.15	$	6.00	$	1,000.00	$	1,017.88	$	7.32		1.44	%		184		366
Class I	$	1,000.00	$	657.43	$	1.25	$	1,000.00	$	1,023.61	$	1.53		0.30	%		184		366
Class R3	$	1,000.00	$	655.80	$	3.90	$	1,000.00	$	1,020.42	$	4.76		0.94	%		184		366
Class R4	$	1,000.00	$	656.87	$	2.66	$	1,000.00	$	1,021.92	$	3.24		0.64	%		184		366
Class R5	$	1,000.00	$	657.43	$	1.42	$	1,000.00	$	1,023.42	$	1.73		0.34	%		184		366
The Hartford Equity Income Fund
Class A	$	1,000.00	$	774.89	$	5.15	$	1,000.00	$	1,019.32	$	5.86		1.16	%		184		366
Class B	$	1,000.00	$	772.10	$	8.99	$	1,000.00	$	1,014.98	$	10.23		2.02	%		184		366
Class C	$	1,000.00	$	772.28	$	8.39	$	1,000.00	$	1,015.66	$	9.54		1.88	%		184		366
Class I	$	1,000.00	$	776.31	$	3.82	$	1,000.00	$	1,020.82	$	4.35		0.86	%		184		366
Class R3	$	1,000.00	$	774.22	$	6.75	$	1,000.00	$	1,017.52	$	7.68		1.51	%		184		366
Class R4	$	1,000.00	$	775.81	$	5.09	$	1,000.00	$	1,019.39	$	5.79		1.14	%		184		366
Class R5	$	1,000.00	$	776.38	$	3.81	$	1,000.00	$	1,020.84	$	4.34		0.85	%		184		366
Class Y	$	1,000.00	$	776.70	$	3.36	$	1,000.00	$	1,021.35	$	3.82		0.75	%		184		366
The Hartford Floating Rate Fund
Class A	$	1,000.00	$	804.79	$	4.49	$	1,000.00	$	1,020.15	$	5.02		0.99	%		184		366
Class B	$	1,000.00	$	801.59	$	7.92	$	1,000.00	$	1,016.34	$	8.86		1.75	%		184		366
Class C	$	1,000.00	$	801.58	$	7.92	$	1,000.00	$	1,016.33	$	8.87		1.75	%		184		366
Class I	$	1,000.00	$	804.96	$	3.45	$	1,000.00	$	1,021.30	$	3.86		0.76	%		184		366
Class R3	$	1,000.00	$	803.94	$	5.65	$	1,000.00	$	1,018.86	$	6.33		1.25	%		184		366
Class R4	$	1,000.00	$	804.79	$	4.52	$	1,000.00	$	1,020.12	$	5.06		1.00	%		184		366
Class R5	$	1,000.00	$	804.89	$	3.86	$	1,000.00	$	1,020.85	$	4.32		0.85	%		184		366
Class Y	$	1,000.00	$	806.09	$	3.09	$	1,000.00	$	1,021.71	$	3.46		0.68	%		184		366
The Hartford Fundamental Growth Fund
Class A	$	1,000.00	$	652.02	$	6.01	$	1,000.00	$	1,017.85	$	7.34		1.45	%		184		366
Class B	$	1,000.00	$	649.77	$	8.97	$	1,000.00	$	1,014.25	$	10.96		2.17	%		184		366
Class C	$	1,000.00	$	649.18	$	9.10	$	1,000.00	$	1,014.08	$	11.12		2.20	%		184		366
Class Y	$	1,000.00	$	654.10	$	3.96	$	1,000.00	$	1,020.34	$	4.84		0.95	%		184		366
The Hartford Global Communications Fund
Class A	$	1,000.00	$	566.17	$	6.29	$	1,000.00	$	1,017.09	$	8.11		1.60	%		184		366
Class B	$	1,000.00	$	563.93	$	8.64	$	1,000.00	$	1,014.07	$	11.13		2.20	%		184		366
Class C	$	1,000.00	$	563.45	$	9.23	$	1,000.00	$	1,013.32	$	11.89		2.35	%		184		366
Class Y	$	1,000.00	$	567.31	$	4.62	$	1,000.00	$	1,019.22	$	5.96		1.18	%		184		366
The Hartford Global Equity Fund
Class A	$	1,000.00	$	634.68	$	6.31	$	1,000.00	$	1,017.41	$	7.78		1.54	%		184		366
Class B	$	1,000.00	$	631.42	$	9.49	$	1,000.00	$	1,013.49	$	11.72		2.32	%		184		366
Class C	$	1,000.00	$	631.42	$	9.52	$	1,000.00	$	1,013.46	$	11.75		2.32	%		184		366
Class I	$	1,000.00	$	635.04	$	5.28	$	1,000.00	$	1,018.67	$	6.52		1.29	%		184		366
Class R3	$	1,000.00	$	632.75	$	7.78	$	1,000.00	$	1,015.59	$	9.61		1.90	%		184		366
Class R4	$	1,000.00	$	633.72	$	6.74	$	1,000.00	$	1,016.87	$	8.32		1.64	%		184		366
Class R5	$	1,000.00	$	634.68	$	5.71	$	1,000.00	$	1,018.14	$	7.05		1.39	%		184		366
Class Y	$	1,000.00	$	635.04	$	5.31	$	1,000.00	$	1,018.63	$	6.56		1.29	%		184		366
The Hartford Global Financial Services Fund
Class A	$	1,000.00	$	666.34	$	6.71	$	1,000.00	$	1,017.07	$	8.12		1.60	%		184		366
Class B	$	1,000.00	$	664.69	$	8.43	$	1,000.00	$	1,015.00	$	10.21		2.02	%		184		366
Class C	$	1,000.00	$	663.69	$	9.79	$	1,000.00	$	1,013.35	$	11.85		2.34	%		184		366
Class Y	$	1,000.00	$	668.26	$	4.92	$	1,000.00	$	1,019.23	$	5.95		1.17	%		184		366
The Hartford Global Growth Fund
Class A	$	1,000.00	$	544.88	$	5.45	$	1,000.00	$	1,018.07	$	7.12		1.41	%		184		366
Class B	$	1,000.00	$	543.40	$	7.60	$	1,000.00	$	1,015.28	$	9.92		1.96	%		184		366
Class C	$	1,000.00	$	542.60	$	8.49	$	1,000.00	$	1,014.11	$	11.09		2.19	%		184		366
Class R3	$	1,000.00	$	544.14	$	6.68	$	1,000.00	$	1,016.47	$	8.73		1.72	%		184		366
Class R4	$	1,000.00	$	544.51	$	5.62	$	1,000.00	$	1,017.85	$	7.34		1.45	%		184		366
Class R5	$	1,000.00	$	545.45	$	4.27	$	1,000.00	$	1,019.61	$	5.58		1.10	%		184		366
Class Y	$	1,000.00	$	546.34	$	3.50	$	1,000.00	$	1,020.60	$	4.57		0.90	%		184		366

434


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford Global Health Fund
Class A	$	1,000.00	$	806.73	$	6.47	$	1,000.00	$	1,017.96	$	7.23		1.43	%		184		366
Class B	$	1,000.00	$	803.00	$	10.14	$	1,000.00	$	1,013.88	$	11.32		2.24	%		184		366
Class C	$	1,000.00	$	804.09	$	9.76	$	1,000.00	$	1,014.31	$	10.90		2.15	%		184		366
Class I	$	1,000.00	$	808.20	$	4.96	$	1,000.00	$	1,019.65	$	5.54		1.09	%		184		366
Class R3	$	1,000.00	$	805.74	$	8.39	$	1,000.00	$	1,015.83	$	9.37		1.85	%		184		366
Class R4	$	1,000.00	$	806.92	$	6.13	$	1,000.00	$	1,018.34	$	6.84		1.35	%		184		366
Class R5	$	1,000.00	$	808.45	$	4.77	$	1,000.00	$	1,019.85	$	5.33		1.05	%		184		366
Class Y	$	1,000.00	$	808.69	$	4.31	$	1,000.00	$	1,020.36	$	4.81		0.95	%		184		366
The Hartford Global Technology Fund
Class A	$	1,000.00	$	624.39	$	5.52	$	1,000.00	$	1,018.33	$	6.86		1.35	%		184		366
Class B	$	1,000.00	$	623.06	$	7.82	$	1,000.00	$	1,015.49	$	9.72		1.92	%		184		366
Class C	$	1,000.00	$	622.18	$	9.15	$	1,000.00	$	1,013.84	$	11.36		2.25	%		184		366
Class Y	$	1,000.00	$	626.18	$	4.46	$	1,000.00	$	1,019.64	$	5.54		1.09	%		184		366
The Hartford Growth Allocation Fund
Class A	$	1,000.00	$	700.98	$	2.57	$	1,000.00	$	1,022.10	$	3.06		0.60	%		184		366
Class B	$	1,000.00	$	697.94	$	6.04	$	1,000.00	$	1,018.01	$	7.18		1.42	%		184		366
Class C	$	1,000.00	$	698.51	$	5.75	$	1,000.00	$	1,018.35	$	6.84		1.35	%		184		366
Class I	$	1,000.00	$	701.88	$	1.01	$	1,000.00	$	1,023.94	$	1.20		0.24	%		184		366
Class R3	$	1,000.00	$	699.26	$	4.73	$	1,000.00	$	1,019.56	$	5.62		1.11	%		184		366
Class R4	$	1,000.00	$	701.63	$	2.53	$	1,000.00	$	1,022.16	$	3.00		0.59	%		184		366
Class R5	$	1,000.00	$	702.04	$	1.25	$	1,000.00	$	1,023.65	$	1.49		0.29	%		184		366
The Hartford Growth Fund
Class A	$	1,000.00	$	664.18	$	5.35	$	1,000.00	$	1,018.70	$	6.48		1.28	%		184		366
Class B	$	1,000.00	$	662.39	$	7.82	$	1,000.00	$	1,015.72	$	9.48		1.87	%		184		366
Class C	$	1,000.00	$	661.74	$	8.24	$	1,000.00	$	1,015.21	$	9.99		1.97	%		184		366
Class I	$	1,000.00	$	665.71	$	3.71	$	1,000.00	$	1,020.67	$	4.50		0.89	%		184		366
Class L	$	1,000.00	$	665.35	$	4.31	$	1,000.00	$	1,019.95	$	5.23		1.03	%		184		366
Class R3	$	1,000.00	$	663.68	$	6.47	$	1,000.00	$	1,017.34	$	7.85		1.55	%		184		366
Class R4	$	1,000.00	$	664.81	$	5.00	$	1,000.00	$	1,019.12	$	6.06		1.20	%		184		366
Class R5	$	1,000.00	$	665.55	$	3.82	$	1,000.00	$	1,020.54	$	4.64		0.91	%		184		366
Class Y	$	1,000.00	$	665.74	$	3.33	$	1,000.00	$	1,021.13	$	4.04		0.80	%		184		366
The Hartford Growth Opportunities Fund
Class A	$	1,000.00	$	640.49	$	5.58	$	1,000.00	$	1,018.33	$	6.86		1.35	%		184		366
Class B	$	1,000.00	$	638.31	$	8.40	$	1,000.00	$	1,014.87	$	10.33		2.04	%		184		366
Class C	$	1,000.00	$	638.11	$	8.00	$	1,000.00	$	1,015.36	$	9.84		1.94	%		184		366
Class I	$	1,000.00	$	642.00	$	3.57	$	1,000.00	$	1,020.77	$	4.40		0.87	%		184		366
Class L	$	1,000.00	$	641.48	$	4.21	$	1,000.00	$	1,020.00	$	5.18		1.02	%		184		366
Class R3	$	1,000.00	$	639.83	$	6.28	$	1,000.00	$	1,017.46	$	7.73		1.53	%		184		366
Class R4	$	1,000.00	$	640.73	$	4.93	$	1,000.00	$	1,019.12	$	6.06		1.20	%		184		366
Class R5	$	1,000.00	$	642.23	$	3.86	$	1,000.00	$	1,020.42	$	4.75		0.94	%		184		366
Class Y	$	1,000.00	$	642.16	$	3.26	$	1,000.00	$	1,021.16	$	4.01		0.79	%		184		366
The Hartford High Yield Fund
Class A	$	1,000.00	$	772.27	$	5.12	$	1,000.00	$	1,019.35	$	5.83		1.15	%		184		366
Class B	$	1,000.00	$	770.00	$	8.21	$	1,000.00	$	1,015.84	$	9.36		1.85	%		184		366
Class C	$	1,000.00	$	768.89	$	8.43	$	1,000.00	$	1,015.59	$	9.61		1.90	%		184		366
Class I	$	1,000.00	$	774.97	$	3.66	$	1,000.00	$	1,021.00	$	4.17		0.82	%		184		366
Class R3	$	1,000.00	$	771.17	$	6.23	$	1,000.00	$	1,018.09	$	7.10		1.40	%		184		366
Class R4	$	1,000.00	$	773.86	$	4.90	$	1,000.00	$	1,019.60	$	5.58		1.10	%		184		366
Class R5	$	1,000.00	$	774.67	$	4.01	$	1,000.00	$	1,020.61	$	4.57		0.90	%		184		366
Class Y	$	1,000.00	$	775.10	$	3.42	$	1,000.00	$	1,021.27	$	3.89		0.77	%		184		366
The Hartford High Yield Municipal Bond Fund
Class A	$	1,000.00	$	854.72	$	1.98	$	1,000.00	$	1,023.00	$	2.16		0.42	%		184		366
Class B	$	1,000.00	$	850.00	$	5.72	$	1,000.00	$	1,018.94	$	6.25		1.23	%		184		366
Class C	$	1,000.00	$	850.33	$	5.55	$	1,000.00	$	1,019.12	$	6.06		1.20	%		184		366
Class I	$	1,000.00	$	854.69	$	0.89	$	1,000.00	$	1,024.17	$	0.97		0.19	%		184		366

435

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited) — (continued)


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford Income Allocation Fund
Class A	$	1,000.00	$	882.21	$	2.75	$	1,000.00	$	1,022.20	$	2.96		0.58	%		184		366
Class B	$	1,000.00	$	877.85	$	6.28	$	1,000.00	$	1,018.44	$	6.75		1.33	%		184		366
Class C	$	1,000.00	$	877.81	$	6.28	$	1,000.00	$	1,018.44	$	6.75		1.33	%		184		366
Class I	$	1,000.00	$	882.45	$	1.57	$	1,000.00	$	1,023.46	$	1.69		0.33	%		184		366
Class R3	$	1,000.00	$	879.61	$	4.60	$	1,000.00	$	1,020.24	$	4.94		0.97	%		184		366
Class R4	$	1,000.00	$	880.89	$	3.21	$	1,000.00	$	1,021.71	$	3.45		0.68	%		184		366
Class R5	$	1,000.00	$	882.38	$	1.83	$	1,000.00	$	1,023.18	$	1.97		0.39	%		184		366
The Hartford Income Fund
Class A	$	1,000.00	$	863.18	$	4.44	$	1,000.00	$	1,020.36	$	4.82		0.95	%		184		366
Class B	$	1,000.00	$	859.86	$	7.94	$	1,000.00	$	1,016.59	$	8.61		1.70	%		184		366
Class C	$	1,000.00	$	860.14	$	7.94	$	1,000.00	$	1,016.59	$	8.61		1.70	%		184		366
Class Y	$	1,000.00	$	865.30	$	3.05	$	1,000.00	$	1,021.86	$	3.30		0.65	%		184		366
The Hartford Inflation Plus Fund
Class A	$	1,000.00	$	903.59	$	4.06	$	1,000.00	$	1,020.86	$	4.31		0.85	%		184		366
Class B	$	1,000.00	$	899.95	$	7.63	$	1,000.00	$	1,017.09	$	8.10		1.60	%		184		366
Class C	$	1,000.00	$	899.86	$	7.63	$	1,000.00	$	1,017.09	$	8.10		1.60	%		184		366
Class I	$	1,000.00	$	904.98	$	2.85	$	1,000.00	$	1,022.13	$	3.03		0.60	%		184		366
Class R3	$	1,000.00	$	900.94	$	5.96	$	1,000.00	$	1,018.86	$	6.33		1.25	%		184		366
Class R4	$	1,000.00	$	902.90	$	4.78	$	1,000.00	$	1,020.10	$	5.08		1.00	%		184		366
Class R5	$	1,000.00	$	904.53	$	3.32	$	1,000.00	$	1,021.64	$	3.52		0.69	%		184		366
Class Y	$	1,000.00	$	904.15	$	2.83	$	1,000.00	$	1,022.16	$	3.00		0.59	%		184		366
The Hartford International Growth Fund
Class A	$	1,000.00	$	519.47	$	5.82	$	1,000.00	$	1,017.47	$	7.72		1.52	%		184		366
Class B	$	1,000.00	$	518.28	$	8.38	$	1,000.00	$	1,014.09	$	11.12		2.20	%		184		366
Class C	$	1,000.00	$	517.48	$	8.55	$	1,000.00	$	1,013.86	$	11.35		2.24	%		184		366
Class I	$	1,000.00	$	521.44	$	3.92	$	1,000.00	$	1,019.97	$	5.20		1.03	%		184		366
Class R3	$	1,000.00	$	518.78	$	7.06	$	1,000.00	$	1,015.83	$	9.37		1.85	%		184		366
Class R4	$	1,000.00	$	519.76	$	5.56	$	1,000.00	$	1,017.81	$	7.38		1.46	%		184		366
Class R5	$	1,000.00	$	520.74	$	4.18	$	1,000.00	$	1,019.63	$	5.55		1.09	%		184		366
Class Y	$	1,000.00	$	521.05	$	3.79	$	1,000.00	$	1,020.14	$	5.04		0.99	%		184		366
The Hartford International Opportunities Fund
Class A	$	1,000.00	$	602.82	$	6.06	$	1,000.00	$	1,017.56	$	7.64		1.51	%		184		366
Class B	$	1,000.00	$	601.02	$	8.29	$	1,000.00	$	1,014.77	$	10.44		2.06	%		184		366
Class C	$	1,000.00	$	600.12	$	8.97	$	1,000.00	$	1,013.91	$	11.29		2.23	%		184		366
Class I	$	1,000.00	$	584.70	$	3.32	$	1,000.00	$	1,016.83	$	4.23		1.00	%		154		366
Class R3	$	1,000.00	$	601.60	$	7.22	$	1,000.00	$	1,016.11	$	9.08		1.79	%		184		366
Class R4	$	1,000.00	$	602.84	$	6.24	$	1,000.00	$	1,017.35	$	7.85		1.55	%		184		366
Class R5	$	1,000.00	$	603.64	$	4.69	$	1,000.00	$	1,019.28	$	5.90		1.16	%		184		366
Class Y	$	1,000.00	$	604.43	$	3.84	$	1,000.00	$	1,020.34	$	4.84		0.95	%		184		366
The Hartford International Small Company Fund
Class A	$	1,000.00	$	537.46	$	6.08	$	1,000.00	$	1,017.22	$	7.98		1.57	%		184		366
Class B	$	1,000.00	$	536.27	$	7.93	$	1,000.00	$	1,014.80	$	10.40		2.05	%		184		366
Class C	$	1,000.00	$	535.60	$	9.03	$	1,000.00	$	1,013.36	$	11.84		2.34	%		184		366
Class I	$	1,000.00	$	538.57	$	3.76	$	1,000.00	$	1,016.01	$	4.93		1.17	%		153		366
Class Y	$	1,000.00	$	539.38	$	3.96	$	1,000.00	$	1,019.99	$	5.19		1.02	%		184		366
The Hartford LargeCap Growth Fund
Class A	$	1,000.00	$	671.61	$	4.71	$	1,000.00	$	1,019.49	$	5.69		1.12	%		184		366
Class B	$	1,000.00	$	669.88	$	8.38	$	1,000.00	$	1,015.08	$	10.12		2.00	%		184		366
Class C	$	1,000.00	$	669.16	$	8.38	$	1,000.00	$	1,015.08	$	10.12		2.00	%		184		366
Class Y	$	1,000.00	$	672.99	$	3.61	$	1,000.00	$	1,020.81	$	4.36		0.86	%		184		366
The Hartford MidCap Fund
Class A	$	1,000.00	$	691.86	$	5.26	$	1,000.00	$	1,018.91	$	6.28		1.24	%		184		366
Class B	$	1,000.00	$	689.08	$	8.54	$	1,000.00	$	1,015.02	$	10.19		2.01	%		184		366
Class C	$	1,000.00	$	689.60	$	8.13	$	1,000.00	$	1,015.50	$	9.70		1.92	%		184		366
Class Y	$	1,000.00	$	693.22	$	3.35	$	1,000.00	$	1,021.17	$	4.00		0.79	%		184		366

436


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford MidCap Growth Fund *
Class A	$	1,000.00	$	621.39	$	5.54	$	1,000.00	$	1,018.29	$	6.90		1.36	%		184		366
Class B	$	1,000.00	$	620.65	$	7.29	$	1,000.00	$	1,016.13	$	9.07		1.79	%		184		366
Class C	$	1,000.00	$	620.76	$	8.05	$	1,000.00	$	1,015.20	$	10.00		1.98	%		184		366
Class Y	$	1,000.00	$	623.73	$	3.87	$	1,000.00	$	1,020.36	$	4.82		0.95	%		184		366
The Hartford MidCap Value Fund
Class A	$	1,000.00	$	653.00	$	5.83	$	1,000.00	$	1,018.07	$	7.12		1.40	%		184		366
Class B	$	1,000.00	$	650.48	$	8.27	$	1,000.00	$	1,015.10	$	10.10		1.99	%		184		366
Class C	$	1,000.00	$	650.48	$	8.93	$	1,000.00	$	1,014.31	$	10.89		2.15	%		184		366
Class Y	$	1,000.00	$	654.28	$	3.74	$	1,000.00	$	1,020.60	$	4.57		0.90	%		184		366
The Hartford Money Market Fund
Class A	$	1,000.00	$	1,007.51	$	4.58	$	1,000.00	$	1,020.56	$	4.61		0.91	%		184		366
Class B	$	1,000.00	$	1,003.70	$	8.36	$	1,000.00	$	1,016.78	$	8.41		1.66	%		184		366
Class C	$	1,000.00	$	1,003.81	$	8.22	$	1,000.00	$	1,016.92	$	8.28		1.63	%		184		366
Class R3	$	1,000.00	$	1,006.26	$	6.05	$	1,000.00	$	1,019.10	$	6.08		1.20	%		184		366
Class R4	$	1,000.00	$	1,007.81	$	4.34	$	1,000.00	$	1,020.80	$	4.37		0.86	%		184		366
Class R5	$	1,000.00	$	1,008.91	$	3.23	$	1,000.00	$	1,021.91	$	3.25		0.64	%		184		366
Class Y	$	1,000.00	$	1,009.34	$	2.70	$	1,000.00	$	1,022.44	$	2.72		0.54	%		184		366
The Hartford Retirement Income Fund
Class A	$	1,000.00	$	818.77	$	2.33	$	1,000.00	$	1,022.56	$	2.60		0.51	%		184		366
Class B	$	1,000.00	$	814.92	$	5.60	$	1,000.00	$	1,018.96	$	6.23		1.23	%		184		366
Class C	$	1,000.00	$	815.04	$	5.59	$	1,000.00	$	1,018.97	$	6.21		1.23	%		184		366
Class R3	$	1,000.00	$	816.96	$	4.07	$	1,000.00	$	1,020.65	$	4.53		0.89	%		184		366
Class R4	$	1,000.00	$	817.54	$	2.75	$	1,000.00	$	1,022.10	$	3.06		0.60	%		184		366
Class R5	$	1,000.00	$	818.96	$	1.44	$	1,000.00	$	1,023.54	$	1.60		0.32	%		184		366
The Hartford Select MidCap Value Fund
Class A	$	1,000.00	$	700.10	$	5.39	$	1,000.00	$	1,018.79	$	6.40		1.26	%		184		366
Class B	$	1,000.00	$	697.97	$	7.55	$	1,000.00	$	1,016.23	$	8.97		1.77	%		184		366
Class C	$	1,000.00	$	698.39	$	8.12	$	1,000.00	$	1,015.57	$	9.63		1.90	%		184		366
Class Y	$	1,000.00	$	701.46	$	3.75	$	1,000.00	$	1,020.71	$	4.46		0.88	%		184		366
The Hartford Select SmallCap Value Fund
Class A	$	1,000.00	$	804.98	$	6.45	$	1,000.00	$	1,017.98	$	7.21		1.42	%		184		366
Class B	$	1,000.00	$	801.75	$	9.99	$	1,000.00	$	1,014.04	$	11.17		2.21	%		184		366
Class C	$	1,000.00	$	801.96	$	10.25	$	1,000.00	$	1,013.75	$	11.46		2.26	%		184		366
Class Y	$	1,000.00	$	804.98	$	5.00	$	1,000.00	$	1,019.58	$	5.60		1.10	%		184		366
The Hartford Short Duration Fund
Class A	$	1,000.00	$	980.96	$	4.48	$	1,000.00	$	1,020.60	$	4.57		0.90	%		184		366
Class B	$	1,000.00	$	977.24	$	8.20	$	1,000.00	$	1,016.83	$	8.37		1.65	%		184		366
Class C	$	1,000.00	$	976.22	$	8.20	$	1,000.00	$	1,016.83	$	8.36		1.65	%		184		366
Class Y	$	1,000.00	$	981.51	$	2.89	$	1,000.00	$	1,022.21	$	2.95		0.58	%		184		366
The Hartford Small Company Fund
Class A	$	1,000.00	$	699.25	$	5.97	$	1,000.00	$	1,018.10	$	7.09		1.40	%		184		366
Class B	$	1,000.00	$	697.02	$	8.46	$	1,000.00	$	1,015.15	$	10.05		1.98	%		184		366
Class C	$	1,000.00	$	697.02	$	9.17	$	1,000.00	$	1,014.32	$	10.88		2.15	%		184		366
Class I	$	1,000.00	$	699.94	$	4.91	$	1,000.00	$	1,019.35	$	5.83		1.15	%		184		366
Class R3	$	1,000.00	$	698.69	$	7.04	$	1,000.00	$	1,016.84	$	8.36		1.65	%		184		366
Class R4	$	1,000.00	$	699.69	$	5.52	$	1,000.00	$	1,018.63	$	6.56		1.29	%		184		366
Class R5	$	1,000.00	$	700.89	$	4.26	$	1,000.00	$	1,020.12	$	5.06		1.00	%		184		366
Class Y	$	1,000.00	$	700.99	$	3.78	$	1,000.00	$	1,020.68	$	4.49		0.89	%		184		366
The Hartford SmallCap Growth Fund
Class A	$	1,000.00	$	718.39	$	4.89	$	1,000.00	$	1,019.44	$	5.75		1.13	%		184		366
Class B	$	1,000.00	$	715.93	$	7.83	$	1,000.00	$	1,016.00	$	9.20		1.82	%		184		366
Class C	$	1,000.00	$	714.98	$	8.94	$	1,000.00	$	1,014.70	$	10.50		2.07	%		184		366
Class I	$	1,000.00	$	718.64	$	4.96	$	1,000.00	$	1,019.36	$	5.82		1.15	%		184		366
Class L	$	1,000.00	$	718.49	$	4.77	$	1,000.00	$	1,019.57	$	5.61		1.11	%		184		366
Class R3	$	1,000.00	$	716.90	$	6.47	$	1,000.00	$	1,017.59	$	7.60		1.50	%		184		366
Class R4	$	1,000.00	$	717.87	$	5.52	$	1,000.00	$	1,018.70	$	6.48		1.28	%		184		366
Class R5	$	1,000.00	$	719.04	$	4.48	$	1,000.00	$	1,019.91	$	5.27		1.04	%		184		366
Class Y	$	1,000.00	$	719.19	$	3.78	$	1,000.00	$	1,020.73	$	4.44		0.87	%		184		366

437

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited) — (continued)


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford Stock Fund
Class A	$	1,000.00	$	640.89	$	4.66	$	1,000.00	$	1,019.44	$	5.74		1.13	%		184		366
Class B	$	1,000.00	$	638.10	$	8.35	$	1,000.00	$	1,014.93	$	10.28		2.03	%		184		366
Class C	$	1,000.00	$	637.86	$	8.46	$	1,000.00	$	1,014.80	$	10.40		2.06	%		184		366
Class I	$	1,000.00	$	639.70	$	2.62	$	1,000.00	$	1,017.83	$	3.23		0.76	%		154		366
Class R3	$	1,000.00	$	639.63	$	6.20	$	1,000.00	$	1,017.57	$	7.63		1.50	%		184		366
Class R4	$	1,000.00	$	640.68	$	4.95	$	1,000.00	$	1,019.10	$	6.09		1.20	%		184		366
Class R5	$	1,000.00	$	641.45	$	3.66	$	1,000.00	$	1,020.67	$	4.50		0.89	%		184		366
Class Y	$	1,000.00	$	642.05	$	3.15	$	1,000.00	$	1,021.29	$	3.88		0.76	%		184		366
The Hartford Strategic Income Fund
Class A	$	1,000.00	$	802.75	$	3.40	$	1,000.00	$	1,021.36	$	3.81		0.75	%		184		366
Class B	$	1,000.00	$	798.54	$	7.29	$	1,000.00	$	1,017.02	$	8.17		1.61	%		184		366
Class C	$	1,000.00	$	798.95	$	6.81	$	1,000.00	$	1,017.56	$	7.63		1.51	%		184		366
Class I	$	1,000.00	$	802.24	$	2.32	$	1,000.00	$	1,022.56	$	2.60		0.51	%		184		366
Class Y	$	1,000.00	$	803.24	$	1.95	$	1,000.00	$	1,022.96	$	2.19		0.43	%		184		366
The Hartford Target Retirement 2010 Fund
Class A	$	1,000.00	$	742.26	$	1.49	$	1,000.00	$	1,023.42	$	1.73		0.34	%		184		366
Class B	$	1,000.00	$	738.95	$	5.41	$	1,000.00	$	1,018.90	$	6.28		1.24	%		184		366
Class C	$	1,000.00	$	739.23	$	5.41	$	1,000.00	$	1,018.91	$	6.28		1.24	%		184		366
Class R3	$	1,000.00	$	740.76	$	3.66	$	1,000.00	$	1,020.92	$	4.25		0.84	%		184		366
Class R4	$	1,000.00	$	742.21	$	1.72	$	1,000.00	$	1,023.15	$	2.00		0.39	%		184		366
Class R5	$	1,000.00	$	743.16	$	0.32	$	1,000.00	$	1,024.76	$	0.38		0.07	%		184		366
Class Y	$	1,000.00	$	742.88	$	0.76	$	1,000.00	$	1,024.25	$	0.88		0.17	%		184		366
The Hartford Target Retirement 2020 Fund
Class A	$	1,000.00	$	715.16	$	1.90	$	1,000.00	$	1,022.91	$	2.25		0.44	%		184		366
Class B	$	1,000.00	$	712.35	$	5.42	$	1,000.00	$	1,018.80	$	6.39		1.26	%		184		366
Class C	$	1,000.00	$	712.38	$	5.34	$	1,000.00	$	1,018.89	$	6.29		1.24	%		184		366
Class R3	$	1,000.00	$	712.51	$	3.88	$	1,000.00	$	1,020.60	$	4.58		0.90	%		184		366
Class R4	$	1,000.00	$	714.76	$	2.21	$	1,000.00	$	1,022.54	$	2.61		0.51	%		184		366
Class R5	$	1,000.00	$	715.99	$	0.84	$	1,000.00	$	1,024.14	$	1.00		0.20	%		184		366
Class Y	$	1,000.00	$	715.86	$	0.79	$	1,000.00	$	1,024.21	$	0.93		0.18	%		184		366
The Hartford Target Retirement 2030 Fund
Class A	$	1,000.00	$	698.55	$	2.08	$	1,000.00	$	1,022.68	$	2.48		0.49	%		184		366
Class B	$	1,000.00	$	696.81	$	4.16	$	1,000.00	$	1,020.22	$	4.95		0.98	%		184		366
Class C	$	1,000.00	$	698.24	$	5.13	$	1,000.00	$	1,019.08	$	6.11		1.20	%		184		366
Class R3	$	1,000.00	$	697.21	$	3.64	$	1,000.00	$	1,020.84	$	4.33		0.85	%		184		366
Class R4	$	1,000.00	$	698.65	$	2.13	$	1,000.00	$	1,022.62	$	2.53		0.50	%		184		366
Class R5	$	1,000.00	$	700.30	$	0.85	$	1,000.00	$	1,024.13	$	1.01		0.20	%		184		366
Class Y	$	1,000.00	$	699.48	$	0.81	$	1,000.00	$	1,024.18	$	0.96		0.19	%		184		366
The Hartford Tax-Free California Fund
Class A	$	1,000.00	$	874.08	$	4.00	$	1,000.00	$	1,020.86	$	4.31		0.85	%		184		366
Class B	$	1,000.00	$	870.40	$	7.51	$	1,000.00	$	1,017.09	$	8.10		1.60	%		184		366
Class C	$	1,000.00	$	870.82	$	7.52	$	1,000.00	$	1,017.09	$	8.10		1.60	%		184		366
The Hartford Tax-Free Minnesota Fund
Class A	$	1,000.00	$	911.56	$	4.08	$	1,000.00	$	1,020.86	$	4.31		0.85	%		184		366
Class B	$	1,000.00	$	909.18	$	7.67	$	1,000.00	$	1,017.09	$	8.10		1.60	%		184		366
Class C	$	1,000.00	$	909.29	$	7.67	$	1,000.00	$	1,017.09	$	8.11		1.60	%		184		366
Class L	$	1,000.00	$	912.62	$	4.32	$	1,000.00	$	1,020.61	$	4.56		0.90	%		184		366
Class Y	$	1,000.00	$	913.42	$	3.12	$	1,000.00	$	1,021.87	$	3.29		0.65	%		184		366
The Hartford Tax-Free National Fund
Class A	$	1,000.00	$	861.90	$	3.97	$	1,000.00	$	1,020.86	$	4.31		0.85	%		184		366
Class B	$	1,000.00	$	858.59	$	7.48	$	1,000.00	$	1,017.08	$	8.11		1.60	%		184		366
Class C	$	1,000.00	$	858.03	$	7.47	$	1,000.00	$	1,017.09	$	8.11		1.60	%		184		366
Class I	$	1,000.00	$	863.29	$	2.81	$	1,000.00	$	1,022.11	$	3.05		0.60	%		184		366
Class L	$	1,000.00	$	861.70	$	3.74	$	1,000.00	$	1,021.10	$	4.06		0.80	%		184		366
Class Y	$	1,000.00	$	862.73	$	2.81	$	1,000.00	$	1,022.11	$	3.05		0.60	%		184		366
The Hartford Tax-Free New York Fund
Class A	$	1,000.00	$	899.37	$	4.05	$	1,000.00	$	1,020.86	$	4.31		0.85	%		184		366
Class B	$	1,000.00	$	895.90	$	7.62	$	1,000.00	$	1,017.09	$	8.11		1.60	%		184		366
Class C	$	1,000.00	$	895.92	$	7.61	$	1,000.00	$	1,017.10	$	8.10		1.60	%		184		366

438


	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 Year		full Year
The Hartford Total Return Bond Fund
Class A	$	1,000.00	$	903.88	$	4.78	$	1,000.00	$	1,020.10	$	5.07		1.00	%		184		366
Class B	$	1,000.00	$	901.03	$	8.12	$	1,000.00	$	1,016.58	$	8.62		1.70	%		184		366
Class C	$	1,000.00	$	899.69	$	8.33	$	1,000.00	$	1,016.36	$	8.84		1.74	%		184		366
Class I	$	1,000.00	$	905.34	$	3.25	$	1,000.00	$	1,021.72	$	3.45		0.68	%		184		366
Class R3	$	1,000.00	$	903.75	$	5.98	$	1,000.00	$	1,018.85	$	6.34		1.25	%		184		366
Class R4	$	1,000.00	$	904.18	$	4.73	$	1,000.00	$	1,020.16	$	5.02		0.99	%		184		366
Class R5	$	1,000.00	$	904.59	$	3.31	$	1,000.00	$	1,021.65	$	3.51		0.69	%		184		366
Class Y	$	1,000.00	$	905.94	$	2.82	$	1,000.00	$	1,022.17	$	2.99		0.59	%		184		366
The Hartford U.S. Government Securities Fund
Class A	$	1,000.00	$	991.18	$	5.01	$	1,000.00	$	1,020.10	$	5.08		1.00	%		184		366
Class B	$	1,000.00	$	987.76	$	8.53	$	1,000.00	$	1,016.54	$	8.65		1.71	%		184		366
Class C	$	1,000.00	$	987.41	$	8.76	$	1,000.00	$	1,016.31	$	8.89		1.76	%		184		366
Class L	$	1,000.00	$	990.69	$	4.30	$	1,000.00	$	1,020.81	$	4.37		0.86	%		184		366
Class Y	$	1,000.00	$	992.98	$	3.15	$	1,000.00	$	1,021.97	$	3.20		0.63	%		184		366
The Hartford Value Fund
Class A	$	1,000.00	$	718.29	$	5.78	$	1,000.00	$	1,018.40	$	6.79		1.34	%		184		366
Class B	$	1,000.00	$	716.74	$	8.73	$	1,000.00	$	1,014.95	$	10.25		2.02	%		184		366
Class C	$	1,000.00	$	715.34	$	9.16	$	1,000.00	$	1,014.45	$	10.75		2.12	%		184		366
Class I	$	1,000.00	$	719.90	$	4.20	$	1,000.00	$	1,020.24	$	4.94		0.97	%		184		366
Class R3	$	1,000.00	$	717.63	$	7.12	$	1,000.00	$	1,016.84	$	8.36		1.65	%		184		366
Class R4	$	1,000.00	$	718.09	$	5.66	$	1,000.00	$	1,018.54	$	6.65		1.31	%		184		366
Class R5	$	1,000.00	$	719.93	$	4.32	$	1,000.00	$	1,020.10	$	5.08		1.00	%		184		366
Class Y	$	1,000.00	$	720.16	$	3.84	$	1,000.00	$	1,020.67	$	4.51		0.89	%		184		366
The Hartford Value Opportunities Fund
Class A	$	1,000.00	$	654.98	$	5.82	$	1,000.00	$	1,018.09	$	7.10		1.40	%		184		366
Class B	$	1,000.00	$	653.74	$	7.75	$	1,000.00	$	1,015.76	$	9.44		1.86	%		184		366
Class C	$	1,000.00	$	652.51	$	8.93	$	1,000.00	$	1,014.32	$	10.88		2.15	%		184		366
Class I	$	1,000.00	$	656.47	$	5.61	$	1,000.00	$	1,018.35	$	6.84		1.35	%		184		366
Class L	$	1,000.00	$	656.07	$	4.98	$	1,000.00	$	1,019.11	$	6.07		1.20	%		184		366
Class R3	$	1,000.00	$	654.63	$	6.82	$	1,000.00	$	1,016.88	$	8.32		1.64	%		184		366
Class R4	$	1,000.00	$	655.73	$	5.60	$	1,000.00	$	1,018.37	$	6.82		1.35	%		184		366
Class R5	$	1,000.00	$	657.07	$	4.37	$	1,000.00	$	1,019.85	$	5.33		1.05	%		184		366
Class Y	$	1,000.00	$	657.12	$	4.01	$	1,000.00	$	1,020.28	$	4.89		0.96	%		184		366


*		Formerly known as The Hartford Select MidCap Growth Fund.

439

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited)

Section 15(c) of the Investment Company Act of 1940, as amended (the “1940 Act”), requires that each mutual fund’s board of directors, including a majority of those directors who are not “interested persons” of the mutual fund, as defined in the 1940 Act (“Independent Directors”), annually review and consider the continuation of the mutual fund’s investment advisory and sub-advisory agreements, after an initial two year period.

At a meeting held on August 5-6, 2008, the Boards of Directors (the “Board”) of the Funds, including each of the Independent Directors, unanimously voted to approve the investment management agreement for each Fund with an agreement up for renewal with Hartford Investment Financial Services, LLC (“HIFSCO”) and the investment sub-advisory agreements between HIFSCO and each Fund’s respective sub-adviser(s) (“Sub-advisers,” and together with HIFSCO, “Advisers”) — Hartford Investment Management Company (“Hartford Investment Management”), Kayne Anderson Rudnick Investment Management, LLC, Metropolitan West Capital Management, LLC, SSgA Funds Management, Inc., and Wellington Management Company, LLP (collectively, the “Agreements”). In the months preceding this meeting, the Board requested, received, and reviewed written responses from the Advisers to questions posed to them on behalf of the Independent Directors and supporting materials relating to those questions and responses. In addition, the Board received in-person presentations about each Fund and the related Agreements by Fund officers and representatives of HIFSCO at the Board’s meetings on June 24-25, 2008 and August 5-6, 2008. In considering the approval of the Agreements, 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 the Advisers, and their affiliates.

In considering the renewal of the Agreements, the Independent Directors were advised by independent legal counsel. In addition, the Independent Directors engaged two service providers to assist them with evaluating the Agreements 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 each Fund’s management fees, administrative fees, overall expense ratios, and investment performance compared to those of mutual funds with similar investment objectives in various peer groups (“Peer Funds”). The Independent Directors also engaged an independent financial services consulting firm (the “Consultant”) to assist them in evaluating each Fund’s management fees, sub-advisory fees, administrative fees, overall expense ratios and investment performance.

The Board considered the Agreements for each Fund at the June and August meetings. In determining to continue the Agreements for each Fund, the Board determined that the proposed management fee structure for each Fund was fair and reasonable and that continuation of the Agreements was in the best interests of each Fund and its shareholders. In determining to re-approve the Agreements, the Board considered the following categories of material factors, among others, relating to the Agreements.

Nature, Extent And Quality Of Services

The Board requested and considered information concerning the nature, extent, and quality of the services provided to the Funds by the Advisers. The Board considered, among other things, the terms of the Agreements, the range of services provided, and the Advisers’ organizational structure, systems and personnel. The Board received information on the experience of senior management and relevant investment and other personnel of the Advisers, and the adequacy of the time and attention devoted by them to the Funds. The Board considered each Adviser’s reputation and overall financial strength, as well as its commitment to expand the resources devoted to supporting Fund operations and to continuously evaluate whether additional support is needed, particularly in light of increased regulatory requirements and other developments. In addition, the Board considered the quality of each Adviser’s communications with the Board, and responsiveness to Board inquiries.

The Board also requested and reviewed information on each Adviser’s compliance policies and procedures, compliance history, and a report from the Funds’ Chief Compliance Officer on each Adviser’s compliance with applicable laws and regulations, including responses to regulatory developments and compliance issues raised by regulators. In doing so, the Board noted the Advisers’ support of the Funds’ compliance control structure, particularly the resources devoted by the Advisers in support of the Funds’ obligations pursuant to Rule 38a-1 under the 1940 Act.

With respect to HIFSCO, the Board noted that under the Agreements, HIFSCO is responsible for the management of each Fund, including overseeing fund operations and service providers, and provides administrative services to the Funds as well as investment advisory services in connection with selecting, monitoring and supervising Sub-advisers. The Board considered that HIFSCO or its affiliates are responsible for providing the Funds’ officers and paying their salaries and expenses. In addition, the Board considered the nature and quality of the services provided to the Funds and their shareholders by HIFSCO’s affiliates.

With respect to the Sub-advisers, who provide day-to-day portfolio management services, the Board considered the quality of each Sub-adviser’s investment personnel, their ability to attract and retain qualified investment professionals, their investment philosophy and process, investment research capabilities and resources, performance record, trade execution capabilities and experience.

Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services provided to the Funds by HIFSCO and each of the Sub-advisers.

Performance of the Funds, HIFSCO, and the Sub-Advisers

The Board considered the investment performance of each Fund. In this regard, the Board considered information and materials provided to the Board from HIFSCO and Lipper comparing each Fund’s short-term and long-term 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 HIFSCO) and discussions with portfolio managers and other representatives of the Sub-advisers at Board meetings throughout the year, as well as the information provided especially for the annual contract review. The Board also considered the analysis provided by the Consultant relating to each Fund’s performance track record. The Board considered HIFSCO’s cooperation with the Investment Committee, which assists the Board in evaluating the performance of the Funds at periodic meetings throughout the year.

The Board reviewed the performance of each Fund over the different time periods presented in the materials and evaluated each Adviser’s analysis of the Funds’ performance for these time periods, with specific attention to information indicating underperformance of certain Funds for specific time periods relative to a peer group or benchmark, and the causes for such underperformance. In evaluating the performance of each Fund, the Board also considered whether the Fund

440

had been in operation for a sufficient time period to establish a meaningful performance track record. The Board also noted HIFSCO’s initiatives over the course of the year to improve Fund performance, including management’s action to institute portfolio manager changes for several Funds.

Based on these considerations, the Board concluded with respect to each Fund that the Fund’s performance over time has been satisfactory, and that it had continued confidence in HIFSCO’s and the Sub-advisers’ overall capabilities to manage each Fund.

Costs of the Services and Profitability

The Board reviewed information regarding HIFSCO’s cost to provide investment management and related services to the Funds and HIFSCO’s profitability, both overall and for each Fund, on a pre-tax basis without regard to distribution expenses. The Board considered the fact that HIFSCO has subsidized certain of the Funds’ fees and total operating expenses through expense limitations and contractual fee waivers. The Board also requested and reviewed information about the profitability to HIFSCO and its affiliates from all services provided to the Funds and all aspects of their relationship with the Funds.

With respect to those Funds which are sub-advised by Hartford Investment Management, an affiliate of HIFSCO, the Board considered the costs and profitability information for HIFSCO and Hartford Investment Management in the aggregate. The Board also requested and received information relating to the operations and profitability of the other Sub-advisers. In evaluating such Sub-advisers’ profitability with respect to the Funds, the Board considered primarily HIFSCO’s and the Sub-advisers’ representations that HIFSCO had negotiated the sub-advisory fees at arm’s-length, and the Sub-advisers’ representations that the fees charged to HIFSCO were comparable to fees charged by the Sub-advisers to similar clients.

Based on these considerations, the Board concluded that the profits anticipated to be realized by the Advisers and their affiliates from their relationships with the Funds would not be excessive.

Comparison of Fees and Expenses

The Board considered comparative information with respect to the investment management fees to be paid by each Fund to HIFSCO, and the total expense ratios of each Fund. In this regard, the Board requested and reviewed information from HIFSCO and each Sub-adviser relating to the management fees and total operating expenses, for each Fund. The Board also reviewed written materials from Lipper providing comparative information about each Fund’s management fees, and total expense ratios relative to those of peer groups. While the Board recognized that comparisons between the Funds and Peer Funds are imprecise, given the differing service levels and characteristics of mutual funds, and the different business models and cost structures of the Advisers, the comparative information provided by Lipper assisted the Board in evaluating the reasonableness of each Fund’s fees and expenses. In addition, the Board considered the analysis and recommendations of the Consultant relating to each Fund’s management fees and total operating expenses.

In considering the renewal of the Agreements, the Board noted in particular its agreement with HIFSCO with respect to the following matters (i) new permanent reductions in contractual management fees and additional management fee breakpoints with respect to certain Funds; (ii) the termination of the voluntary management fee waiver with respect to Equity Income Fund; and (iii) changes to the contractual expense limitation for certain Funds. In its deliberations, the Board gave significant weight to each Fund’s overall expense ratio, net of these revisions. HIFSCO agreed to the following fee revisions, each effective November 1, 2008:


	•	Permanent breakpoint reductions:

HIFSCO agreed to implement permanent breakpoints to the following Funds’ fee schedules to reduce management fees by 0.0025% on assets over $5 billion and an additional 0.0025% on assets over $10 billion: 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 Equity Fund, Global Financial Services Fund, Global Growth Fund, Global Health Fund, Global Technology Fund, Growth Fund, Growth Opportunities Fund, International Growth Fund, International Opportunities Fund, International Small Company Fund, MidCap Fund, MidCap Value Fund, Select SmallCap Value Fund, Stock Fund, Value Fund and Value Opportunities Fund.

HIFSCO has agreed to implement permanent breakpoints to the following Funds’ fee schedules to reduce management fees by 0.02% on assets over $5 billion and an additional 0.01% on assets over $10 billion: LargeCap Growth Fund, MidCap Growth Fund, Select MidCap Value Fund, Small Company Fund, SmallCap Growth Fund, Equity Growth Allocation Fund, Growth Allocation Fund, Balanced Allocation Fund, Conservative Allocation Fund and Income Allocation Fund.


	•	Disciplined Equity Fund: In addition to the new breakpoints described above, HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at the first breakpoint and by 0.025% at all other breakpoints. In addition, HIFSCO has agreed to revise its contractual fee waiver by 0.05%.

	•	Equity Income Fund: HIFSCO eliminated its 0.05% contractual management fee waiver.

	•	MidCap Value Fund: In addition to the new breakpoints described above, HIFSCO has agreed to permanently reduce its contractual management fee by 0.05% on assets over $500 million at the first breakpoint and by 0.025% on assets over $1 billion at all other breakpoints. In addition, HIFSCO has agreed to revise its contractual fee waiver by 0.05%

	•	Short Duration Fund: HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at all breakpoints.

	•	Tax-Free California Fund: HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at all breakpoints.

	•	Tax-Free Minnesota Fund: HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at all breakpoints.

	•	Tax-Free National Fund: HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at all breakpoints.

	•	Tax-Free New York Fund: HIFSCO agreed to permanently reduce its contractual management fee by 0.05% at all breakpoints.

441

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited) — (continued)


	•	Value Opportunities Fund: In addition to the new breakpoints described above, HIFSCO has agreed to permanently reduce its contractual management fee by 0.10% on assets over $100 million and by 0.05% on assets between $150 million and $4.75 billion. In addition, HIFSCO has agreed to revise its contractual fee waiver by 0.05%.

Based on these considerations, and the information about quality of services, profitability, economies of scale, and other matters discussed, the Board concluded that each Fund’s fees and total operating expenses are reasonable.

Economies of Scale

The Board requested and considered information regarding the Advisers’ realization of economies of scale with respect to the Funds, and whether the fee levels reflect these economies of scale for the benefit of each Fund’s investors. With respect to HIFSCO, the Board considered representations from HIFSCO that it is difficult to anticipate whether and the extent to which economies may be realized by HIFSCO as assets grow over time. The Board reviewed the breakpoints in the 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 considered that certain Funds may achieve some economies as certain fixed expenses are spread over a larger asset base, noting that there is no precise way to measure such economies, and that certain expenses do not necessarily decrease as assets increase. The Board also considered that expense limitations and fee waivers that reduce Fund expenses at all asset levels can have the same effect as breakpoints in sharing economies of scale with shareholders, and that a schedule that reaches a lower breakpoint quickly provides shareholders with the benefit of anticipated or potential economies of scale.

The Board reviewed and evaluated materials from Lipper showing how management fee schedules of Peer Funds reflect economies of scale for the benefit of investors as a Peer Fund’s assets hypothetically increase over time. Based on information provided by HIFSCO, Lipper, and the Consultant, the Board recognized that there is no uniform methodology for establishing breakpoints, or uniform pattern in asset levels that trigger breakpoints or the amounts of breakpoints triggered.

After considering all of the information available to it, 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 on currently available information and the effective advisory fees and expense ratios for the Funds at their current and reasonably anticipated asset levels. The Board noted, however, that it would continue to monitor future growth in Fund assets and the appropriateness of additional breakpoints.

Other Benefits

The Board considered other benefits to the Advisers and their affiliates from their relationships with the Funds.

The Board reviewed information noting that Hartford Life, Inc. (“Hartford Life”), an affiliate of HIFSCO, receives fees for fund accounting and related services from the Funds, and the Board considered information on expected profits to Hartford Life or its affiliates for such services. The Board also considered that Hartford Administrative Services Company (“HASCO”), the Funds’ transfer agent and an affiliate of HIFSCO, receives transfer agency compensation from the Funds, and the Board reviewed information on the expected profitability of the Funds’ transfer agency function to HASCO. The Board noted that HASCO is a recognized leader in providing high quality services to Fund shareholders, and has received five consecutive mutual fund Dalbar service awards. The Board considered information provided by HASCO indicating that the transfer agent fees charged by HASCO to the Funds are reasonable and in line with industry standards.

The Board also considered that, as principal underwriter of the Funds, HIFSCO receives 12b-1 fees from the Funds and receives all or a portion of the sales charges on sales or redemptions of certain classes of shares. The Board also noted that certain affiliates of HIFSCO distribute shares of the Funds and receive compensation in that connection.

The Board considered benefits to the Sub-advisers from their proposed use of the Funds’ brokerage commissions to obtain soft dollar research, and representations from HIFSCO and the Sub-advisers that the Sub-advisers would not be making any revenue-sharing payments or any other type of distribution payments to HIFSCO or its affiliates.

The Board considered the benefits to shareholders of being part of the Hartford family of Funds, including the right to exchange investments between the same class of Funds without a sales charge, the ability to reinvest Fund dividends into other Funds in the family and to combine holdings in other Funds to obtain a reduced sales charge. The Board considered HIFSCO’s efforts to provide investors in the family with a broad range of investment styles and asset classes, and its entrepreneurial risk in initiating new Funds to expand these opportunities for shareholders.

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of the Funds and their shareholders for the Board to approve the Agreements for an additional year. 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 met separately in executive session on several occasions, with independent legal counsel, to review the relevant materials and consider their responsibilities under relevant laws and regulations.

The Hartford Diversified International Fund

At a meeting held on February 6, 2008, the Board of Directors (the “Board”), including each of the Independent Directors, unanimously voted to approve an investment management agreement between The Hartford Mutual Funds, Inc., on behalf of its series, The Hartford Diversified International Fund (the “Fund”) and Hartford Investment Financial Services, LLC (“HIFSCO”), and an investment sub-advisory agreement between HIFSCO and the Fund’s sub-adviser, Wellington Management Company, LLP (“Wellington Management”) (collectively, the “Agreements”). In advance of the February meeting, the Board requested, received, and reviewed written responses from HIFSCO and Wellington Management to questions posed to them on behalf of the Independent Directors and supporting materials related to those questions and responses (the “Adviser Materials”). In addition, the Board’s Investment Committee received in-person presentations from representatives of HIFSCO and Wellington Management regarding the Fund and the proposed investment strategy.

442

The Board determined that the Agreements were fair and reasonable and in the best interests of the Fund and its shareholders. The Board considered the following categories of material factors, among others, relating to the Agreements.

Nature, Extent and Quality of Services

The Board considered information and data concerning the nature, extent and quality of the services to be provided to the Fund by HIFSCO and Wellington Management. The Board considered, among other things, the terms of the Agreements, the range of services to be provided, and HIFSCO’s and Wellington Management’s organizational structure, systems and personnel. The Board considered HIFSCO’s and Wellington Management’s reputation, and the Board’s past experience with Wellington Management as sub-adviser for other Hartford-sponsored funds.

The Board also considered information previously provided by HIFSCO and Wellington regarding their compliance policies and procedures and compliance history, and received a representation from HIFSCO that the written compliance policies and procedures of HIFSCO and Wellington Management are reasonably designed to prevent violations of the federal securities laws. In addition, the Board considered HIFSCO’s representation that the addition of the Fund would not cause material changes in the current compliance programs.

With respect to the day-to-day portfolio management services to be provided by Wellington Management, the Investment Committee met with members of the proposed portfolio team. The Board considered Wellington Management’s investment philosophy and process (and adherence to that philosophy and process), and its investment research capabilities and resources, performance record, and experience. The Board recognized that HIFSCO would be responsible for the overall management of the Fund and providing investment advisory services in connection with selecting, monitoring and supervising the Fund’s sub-adviser, and that HIFSCO had recommended to the Board that Wellington Management be appointed as the sub-adviser to the Fund.

In considering this information, the Board evaluated not only the information presented to the Board and the Investment Committee in connection with its consideration of the Agreements, but also the Board’s experience through past interactions with HIFSCO and Wellington Management. Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Fund by HIFSCO and Wellington Management.

Performance of Wellington Management

The Board considered the investment performance of Wellington Management and its portfolio management team. As Wellington Management did not have a performance track record with respect to the investment strategies substantially similar to the strategies of the Fund, HIFSCO and Wellington Management presented hypothetical historical investment performance results with respect to the investment strategies that would be used to manage the Fund. This information included a report showing hypothetical historical investment performance results with respect to the investment strategies versus the performance of appropriate benchmarks. HIFSCO and Wellington Management also provided additional information about the broad range of the portfolio management team’s investment experience and their investment philosophy and process.

Based on these considerations, the Board concluded that while there could be no guarantee of future results, the Board was satisfied that HIFSCO and Wellington Management have the capability of providing satisfactory investment performance for the Fund.

Costs of the Services and Profitability

In considering the proposed advisory and sub-advisory fee schedules for the Fund, the Board reviewed information regarding HIFSCO’s estimated costs to provide investment management and related services to the Fund and the estimated profitability to HIFSCO and its affiliates from all services to be provided to the Fund and all aspects of their relationships with the Fund. In evaluating HIFSCO’s estimated profitability, the Board considered HIFSCO’s representation that the level of estimated profitability was fair and appropriate based on the nature and quality of the services provided to shareholders, and noted that HIFSCO had negotiated the sub-advisory fees with Wellington at arm’s-length. The Board also noted that the actual profitability of the Fund to HIFSCO and Wellington Management would depend on the growth of assets under management. The Board concluded that the profits anticipated to be realized by HIFSCO, its affiliates and Wellington Management from their relationships with the Fund would not be excessive.

Comparison of Fees and Expenses

The Board considered comparative information with respect to the investment management fees to be paid by the Fund to HIFSCO. In this regard, the Board received information from HIFSCO relating to the management fees, and total operating expenses for the Fund. The Board also reviewed information comparing the Fund’s management fees and total operating expenses to those of a peer universe of funds identified by Lipper Inc., an independent provider of investment company data (“Lipper”). In considering the reasonableness of the Fund’s fees and total expense ratios, the Board considered that, according to the information provided by Lipper, the proposed management fee for the Fund is below the Lipper peer group average, and that the Fund’s total expenses are in line with the Lipper peer group average. Based on these considerations, and the information about quality of services, profitability, and other matters discussed above, the Board concluded that the Fund’s management fee and sub-advisory fee are reasonable.

Economies of Scale

The Board considered the extent to which economies of scale would be realized as the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund investors. The Board reviewed the breakpoints in HIFSCO’s management fee schedule. The Board considered HIFSCO’s representations that the Fund could be expected to achieve some economies of scale as assets in the Fund grow. The Board also considered the breakpoints in the Fund’s sub-advisory fee schedule and how any benefits from economies of scale would be realized by the various parties. The Board reviewed relevant information included in the Adviser Materials regarding comparative breakpoint information for other funds in the Fund’s peer group. Based on these considerations, the Board concluded that it was satisfied with the extent to which economies of scale would be shared for the benefit of the Fund’s investors. The Board noted, however, that it would review future growth in Fund assets and the appropriateness of the breakpoints as part of its future annual review of the Agreements.

443

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited) — (continued)

Other Benefits

The Board considered other benefits to HIFSCO from its relationship with the Fund. The Board considered information in the Adviser Materials about HIFSCO affiliates that will provide services to the Fund and their anticipated benefits from their relationships with the Fund. The Board also considered that the following companies, which are affiliates of HIFSCO, provide services to the Fund and receive compensation from the Fund:


	Arrow Pointing Right	HIFSCO serves as the Fund’s principal underwriter and receives 12b-1 fees from the Fund.


	Arrow Pointing Right	Hartford Life Insurance Company provides fund accounting services to the Fund and receives a fee from the Fund for these services.

	Arrow Pointing Right	Hartford Administrative Services Company, the Fund’s transfer agent, receives transfer agency compensation from the Fund.

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of the Fund and its shareholders for the Board to approve the Agreements. 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 met separately in executive session with independent legal counsel to review the relevant materials and consider their responsibilities under relevant laws and regulations.

The Hartford Select SmallCap Value Fund

On October 3, 2008, Wells Fargo & Company (“Wells Fargo”) agreed to acquire Wachovia Corporation (“Wachovia”). Wachovia is the parent company of Metropolitan West Capital Management, LLC (“MetWest Capital”), a sub-adviser to The Hartford Select SmallCap Value Fund (the “Fund”). In connection with this transaction, Wachovia issued preferred shares representing approximately a 40% voting interest in Wachovia to Wells Fargo. Due to its ownership of preferred shares, Wells Fargo may be deemed to control MetWest Capital. If Wells Fargo is deemed to control MetWest Capital, then the existing investment sub-advisory agreement between Hartford Investment Financial Services, LLC (“HIFSCO”) and MetWest Capital (the “Original Agreement”) with respect to the Fund would have terminated automatically in connection with the issuance of preferred shares. To address this possibility, at a special telephonic meeting held on October 20, 2008, in reliance on Rule 15a-4 under the Investment Company Act of 1940, as amended, the Board of Directors (the “Board”), including each of the Independent Directors, unanimously voted to terminate the Original Agreement and approve an interim investment sub-advisory agreement between HIFSCO and MetWest Capital (the “Interim Agreement”) with respect to the Fund. The Interim Agreement became effective upon the issuance of the preferred shares and was in effect until the Board’s formal approval of a new investment sub-advisory agreement at an in-person meeting held on November 6, 2008 (the “New Agreement”).

In approving the Interim Agreement, the Board relied on information previously provided by HIFSCO and MetWest Capital in connection with the annual contract review on August 5-6, 2008, and the information provided to the Board at the October 20, 2008 meeting, including information relating to the nature, extent, and quality of the services to be provided by HIFSCO and MetWest Capital; the investment performance of the Fund and MetWest Capital; the costs of the services to be provided and profitability of HIFSCO and MetWest Capital; comparisons of fees and services provided by HIFSCO and MetWest Capital; and the extent to which economies of scale would be realized as the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund investors. The Board noted that the Interim Agreement was expected to be substantially identical to the New Agreement, including in each case with respect to fees payable to MetWest Capital. The Board also noted the assurances by MetWest Capital to HIFSCO that the transaction will in no way effect the day-to-day management of the Fund or the personnel responsible for the management of the Fund, and that the sub-advisory services provided by MetWest Capital will not change in any material way as a result of the change of control.

Based on these considerations, the Board concluded that it is in the best interests of the Fund and its shareholders to approve the Interim Agreement. The Board based its decision to approve the Interim Agreement on the totality of the circumstances and other relevant factors. In connection with their deliberations, the Independent Directors were advised by independent legal counsel and fund counsel, and considered their responsibilities under relevant laws and regulations.

444

The Hartford Global Enhanced Dividend Fund

(subadvised by Hartford Investment Management Company)

Performance Overview(1) 11/28/07 - 10/31/08
Growth of a $10,000 investment in Class A which includes Sales Charge

MSCI World Value 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. The index is calculated to exclude companies and share classes which cannot be freely purchased by foreigners.

You cannot invest directly in an index.

Investment objective – Seeks a high level of current
income. Capital appreciation is a secondary objective.

Average Annual Total Returns(2,3) (as of 10/31/08)


	Inception	Since
	Date	Inception

Global Enhanced Dividend A#	11/28/07	-32.37%
Global Enhanced Dividend A##	11/28/07	-36.09%
Global Enhanced Dividend B#	11/28/07	-32.86%
Global Enhanced Dividend B##	11/28/07	-36.22%
Global Enhanced Dividend C#	11/28/07	-32.86%
Global Enhanced Dividend C##	11/28/07	-33.53%
Global Enhanced Dividend I#	11/28/07	-32.24%
Global Enhanced Dividend R3#	11/28/07	-32.60%
Global Enhanced Dividend R4#	11/28/07	-32.44%
Global Enhanced Dividend R5#	11/28/07	-32.29%
Global Enhanced Dividend Y#	11/28/07	-32.24%

#		Without sales charge

##		With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)		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.

(2)		The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

(3)		Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on October 31, 2008, which excludes investment transactions as of this date.

Portfolio Manager
Paul Bukowski
Vice President

How did the Fund perform?
The Class A shares of The Hartford Global Enhanced Dividend Fund returned -32.37%, before sales charge, for the eleven-month period ended October 31, 2008, outperforming its benchmark, the MSCI World Value Index, which returned -38.89% for the same period.

Why did the Fund perform this way?
During the period, the Fund’s outperformance relative to its benchmark was driven by strong security selection. Favorable security selection in the Materials, Financials, Health Care, Industrials and Technology sectors more than offset weak security selection in the Telecommunications and Consumer Discretionary sectors. With regard to sector allocation, the Fund’s underweight to Financial stocks and overweight to Consumer Staples stocks added to performance, while the Fund’s underweight to Health Care and overweight to Technology stocks detracted from performance. From a country perspective, the Fund benefited from stock selection within the United States and Canada, while poor

selection within Japan and an overweight to stocks in the Netherlands detracted from performance.

Among the largest contributors to returns relative
(i.e. performance of the Fund as measured against the benchmark) to the benchmark were an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Fording Coal (Fording) and an underweight (i.e. the Fund’s sector position was less than the benchmark position) in American International Group (AIG). Fording posted strong results from its mining operations throughout the year. As for AIG, we benefited from not holding the stock while the stock plunged. AIG posted very poor results and the company almost went bankrupt before the U.S. government provided an extensive rescue plan to support the company.

Among the largest detractors to returns relative to the benchmark were an overweight in BT Group (BT) and Entercom Communications (Entercom). BT (Telecommunications) shares have


			1
			1

fallen as the company posted poor results. BT’s top line revenues have declined while cost cutting measures have been slower than anticipated, both weighing on BT’s profitability. Entercom’s (Consumer Discretionary) stock dropped in concert with poor third quarter results and poor future guidance.

What is the outlook?

The portfolio’s current top relative holdings include GlaxoSmithKline and Total S.A. Both companies have attractive dividend yields relative to their industry and have good business fundamentals.

Our team invests in companies that we believe have compelling yields along with sound fundamentals. When assessing the company’s fundamentals, we weigh more than 80 fundamental characteristics across four broad categories, including business behavior, management behavior, valuation and investor behavior.

Diversification by Industry – Long Positions

as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		1.8	%
Banks		14.4
Basic Materials		0.4
Capital Goods		7.9
Commercial & Professional Services		1.6
Consumer Durables & Apparel		2.4
Consumer Services		1.2
Diversified Financials		6.8
Energy		18.7
Food & Staples Retailing		0.8
Food, Beverage & Tobacco		9.6
Health Care		0.1
Health Care Equipment & Services		0.8
Insurance		7.4
Materials		4.6
Media		3.4
Pharmaceuticals, Biotechnology & Life Sciences		11.2
Real Estate		4.7
Retailing		0.5
Semiconductors & Semiconductor Equipment		2.2
Software & Services		3.9
Technology Hardware & Equipment		3.0
Telecommunication Services		10.0
Transportation		1.4
Utilities		9.9
Short-Term Investments		2.8

Total Long Positions		131.5
Short Positions		(32.7	)
Other Assets and Liabilities		1.2

Total		100.0	%

Diversification by Industry – Securities Sold Short

as of October 31, 2008


	Percentage of
Industry	Net Assets
Automobiles & Components		0.2	%
Banks		1.2
Capital Goods		2.1
Commercial & Professional Services		0.5
Consumer Durables & Apparel		0.7
Consumer Services		1.0
Consumer Staples		0.4
Diversified Financials		0.9
Energy		3.8
Food & Staples Retailing		0.7
Food, Beverage & Tobacco		1.3
Health Care Equipment & Services		0.4
Insurance		0.1
Materials		1.6
Media		1.2
Pharmaceuticals, Biotechnology & Life Sciences		2.7
Real Estate		1.7
Retailing		0.4
Semiconductors & Semiconductor Equipment		0.8
Services		0.3
Software & Services		2.9
Technology Hardware & Equipment		1.8
Telecommunication Services		3.1
Transportation		1.0
Utilities		2.0

Total		32.7	%

Diversification by Country – Long Positions

as of October 31, 2008


	Percentage of
Country	Net Assets
Australia		0.8	%
Belgium		0.3
Brazil		0.2
Canada		5.6
Chile		1.9
China		0.1
Finland		0.4
France		6.3
Germany		1.2
Greece		0.3
India		0.5
Ireland		0.6
Italy		0.7
Japan		5.3
Mexico		0.4
Netherlands		2.8
Norway		0.7
Panama		0.2
Portugal		0.1
Spain		2.1
Sweden		1.2
Switzerland		1.4
Taiwan		1.7
United Kingdom		12.3
United States		81.6
Short-Term Investments		2.8

Total Long Positions		131.5
Short Positions		(32.7	)
Other Assets and Liabilities		1.2

Total		100.0	%

Diversification by Country – Securities Sold Short

as of October 31, 2008


	Percentage of
Country	Net Assets
Canada		0.9	%
China		0.1
Hong Kong		0.4
United States		31.3

Total		32.7	%


			2
			2

The Hartford Global Enhanced Dividend Fund

Schedule of Investments
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
LONG POSITIONS — 131.5% COMMON STOCK — 128.7%
		Automobiles & Components — 1.8%
	3	Honda Motor Co., Ltd. ADR #	$	79
	4	Nissan Motor Co., Ltd. ADR #		40

				119

		Banks — 14.4%
	—	ABN Amro Holding N.V. ADR (D)#		19
	2	Allied Irish Banks plc ADR #		18
	1	Ameris Bancorp #		7
	—	Astoria Financial Corp. #		7
	5	Banco Bilboa Vizcaya – SP ADR #		54
	1	Banco de Chile ADR #		37
	2	Banco Latinoamericano de Exportaciones S.A. ADR Class E #		16
	1	Banco Santander Chili S.A. ADR #		28
	8	Banco Santander S.A. ADR #		90
	2	Barclays Bank plc ADR #		16
	1	BB&T Corp. #		19
	1	Canadian Imperial Bank of Commerce #		25
	5	Centerline Holding Co. #		3
	1	Central Pacific Financial Corp. #		8
	1	Citizens Republic Bancorp, Inc. #		4
	—	Comerica, Inc. #		14
	1	Corpbanca S.A. ADR #		20
	1	Fifth Third Bankcorp #		10
	1	First Commonwealth Financial Corp. #		9
	—	First Financial Holdings #		9
	1	First Niagara Financial Group, Inc. #		12
	—	FirstMerit Corp. #		10
	1	FNB Corp. #		8
	—	Fulton Finance Corp. #		4
	2	Huntington Bancshares, Inc. #		17
	1	Irwin Financial Corp. #		3
	2	Lloyd’s TSB Group plc ADR #		23
	25	Mitsubishi UFJ Financial Group, Inc. ADR #		155
	5	Mizuho Financial Group, Inc. ADR #		24
	2	National Bank of Greece S.A. ADR #		10
	2	New York Community Bancorp, Inc. #		25
	2	Popular, Inc. #		14
	1	Provident Bankshares Corp. #		11
	1	Regions Financial Corp. #		15
	1	Royal Bank of Canada #		51
	1	South Financial Group, Inc. #		7
	1	Synovus Financial Corp. #		8
	1	Toronto-Dominion Bank ADR #		50
	2	Wachovia Corp. #		14
	1	Wells Fargo & Co. #		42
	1	Westpac Banking Corp. ADR #		56

				972

		Basic Materials — 0.4%
	2	RPM International, Inc. #		29

		Capital Goods — 7.9%
	2	Babcock & Brown Air Ltd. #		16
	2	Briggs & Stratton Corp. #		37
	6	General Electric Co. #		119
	4	Genesis Lease Ltd. ADR #		24
	3	Insteel Industries, Inc. #		27
	3	LSI Industries, Inc. #		21
	9	Masco Corp. #		87
	2	PACCAR, Inc. #		61
	3	Tomkins plc ADR #		18
	3	Toro Co. #		90
	—	Watsco, Inc. #		16
	6	Xerium Technologies, Inc. #		21

				537

		Commercial & Professional Services — 1.6%
	1	Corporate Executive Board Co. #		35
	2	Deluxe Corp. #		29
	—	Kimball International, Inc. #		1
	5	Steelcase, Inc. #		45

				110

		Consumer Durables & Apparel — 2.4%
	1	Cherokee, Inc. #		18
	1	D.R. Horton, Inc. #		4
	—	KB Home #		6
	8	Leggett & Platt, Inc. #		133
	1	Lennar Corp. #		4

				165

		Consumer Services — 1.2%
	1	Carnival plc ADR #		32
	1	McDonald’s Corp. #		48

				80

		Diversified Financials — 6.8%
	4	Advance America Cash Advance Centers, Inc. #		11
	2	Advanta Corp. Class B #		9
	4	Allied Capital Corp. #		29
	2	American Capital, Ltd. #		30
	3	Ares Capital Corp. #		24
	1	Bank of America Corp. #		27
	6	Compass Diversified Holdings #		74
	2	Federated Investors, Inc. #		47
	1	Gladstone Capital Corp. #		10
	1	Gladstone Investment Corp. #		7
	3	Hercules Technology Growth #		22
	4	ING Groep N.V. ADR #		34
	1	JP Morgan Chase & Co. #		41
	9	MCG Capital Corp. #		7
	3	Patriot Capital Funding Inc. #		14
	3	Prospect Capital Corp. #		34
	1	QC Holdings, Inc. #		9
	9	TICC Capital Corp. #		33

				462

		Energy — 18.7%
	—	Arlington Tankers Ltd. #		5
	4	BP plc ADR #		216
	1	Chevron Corp. #		74
	1	ConocoPhillips Holding Co. #		30
	1	Diamond Offshore Drilling, Inc. #		50
	3	Enerplus Resources Fund #		77
	1	Exxon Mobil Corp. #		81
	2	Frontline Ltd. #		60
	2	General Maritime Corp. #		31
	1	Knightsbridge Tankers Ltd. ADR #		17
	1	Mariner Energy, Inc. (D)#		19
	4	Pengrowth Energy Trust #		50
	1	Petroleo Brasileiro S.A. ADR #		11

The accompanying notes are an integral part of these financial statements.

The Hartford Global Enhanced Dividend Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)
LONG POSITIONS — (continued) COMMON STOCK — (continued)

		Energy — (continued)
	6	Precision Drilling Trust #	$	60
	2	Royal Dutch Shell plc ADR #		130
	1	StatoilHydro ASA-ADR #		27
	1	Superior Energy Services, Inc. (D)#		26
	1	Teekay Tankers Ltd. #		12
	4	Total S.A. ADR #		223
	5	Vaalco Energy, Inc. (D)#		28
	1	Whiting Petroleum Corp. (D)#		38

				1,265

		Food & Staples Retailing — 0.8%
	—	Delhaize Group ADR #		17
	2	Supervalu, Inc. #		35

				52

		Food, Beverage & Tobacco — 9.6%
	2	Altria Group, Inc. #		46
	1	Diageo plc ADR #		36
	1	H.J. Heinz Co. #		56
	2	Kraft Foods, Inc. #		63
	1	Lance, Inc. #		14
	1	Lorillard, Inc. #		39
	2	Philip Morris International, Inc. #		105
	3	Reddy Ice Holdings, Inc. #		7
	2	Reynolds American, Inc. #		87
	5	Unilever N.V. NY Shares ADR #		119
	1	UST, Inc. #		52
	1	Vector Group Ltd. #		23

				647

		Health Care — 0.1%
	3	LCA-Vision, Inc. #		10

		Health Care Equipment & Services — 0.8%
	2	Hill-Rom Holdings, Inc. #		51

		Insurance — 7.4%
	4	Aegon N.V. ARS ADR #		17
	7	Allianz SE ADR #		53
	—	Allstate Corp. #		10
	4	Arthur J. Gallagher & Co. #		96
	2	Axa ADR #		42
	1	Cincinnati Financial Corp. #		20
	5	Fidelity National Financial, Inc. #		45
	1	Mercury General Corp. #		52
	2	Old Republic International Corp. #		15
	4	Onebeacon Insurance Group Ltd. #		61
	1	Unitrin, Inc. #		29
	2	Zenith National Insurance Corp. #		60

				500

		Materials — 4.6%
	1	Cemex S.A. de C.V. ADR (D)#		7
	4	Dow Chemical Co. #		100
	1	MeadWestvaco Corp. #		12
	—	Nucor Corp. #		18
	—	Olympic Steel, Inc. #		10
	3	Packaging Corp. of America #		51
	5	Southern Copper Corp. #		70
	—	Teck Cominco Ltd. #		3
	3	Wausau Paper Corp. #		26
	1	Worthington Industries, Inc. #		17

				314

		Media — 3.4%
	1	A.H. Belo Corp. – Class A #		4
	2	Cinemark Holdings, Inc. #		15
	6	Entercom Communications Corp. #		4
	5	Gannett Co., Inc. #		50
	1	Idearc, Inc. #		—
	5	Regal Entertainment Group #		63
	10	Sinclair Broadcast Group, Inc. Class A #		32
	4	World Wrestling Entertainment, Inc. #		63

				231

		Pharmaceuticals, Biotechnology & Life Sciences — 11.2%
	7	Biovail Corp. #		61
	4	Bristol-Myers Squibb Co. #		81
	1	Eli Lilly & Co. #		19
	4	GlaxoSmithKline plc ADR #		159
	2	Novartis AG ADR #		96
	13	Pfizer, Inc. #		237
	3	Sanofi-Aventis S.A. ADR #		104

				757

		Real Estate — 4.7%
	—	American Campus Communities, Inc. #		5
	3	Annaly Capital Management, Inc. #		46
	4	Anthracite Capital, Inc. #		15
	11	Ashford Hospitality #		18
	3	Brandywine Realty Trust #		24
	4	CapitalSource, Inc. #		31
	—	CBL & Associates Properties #		2
	4	Felcor Lodging Trust, Inc. #		11
	1	First Industrial Realty Trust, Inc. #		9
	2	Gramercy Capital Corp. #		5
	1	Hospitality Properties Trust #		12
	10	HRPT Properties Trust #		37
	—	Inland Real Estate Corp. #		4
	6	iStar Financial, Inc. #		6
	2	JER Investors Trust, Inc. #		8
	3	Lexington Realty Trust #		27
	1	Medical Properties Trust, Inc. #		6
	3	Northstar Realty Finance Corp. #		16
	—	Penn Real Estate Investment Trust #		4
	3	RAIT Financial Trust #		12
	3	Resource Capital Corp. #		13
	2	Strategic Hotels & Resorts, Inc. #		7

				318

		Retailing — 0.5%
	1	Asbury Automotive Group #		4
	—	Genuine Parts Co. #		17
	5	Tuesday Morning Corp. #		12

				33

		Semiconductors & Semiconductor Equipment — 2.2%
	4	Advanced Semiconductor Engineering, Inc. ADR #		10
	1	Microchip Technology, Inc. #		33

The accompanying notes are an integral part of these financial statements.


					Market
Shares					Value (W)
LONG POSITIONS — (continued) COMMON STOCK — (continued)
		Semiconductors & Semiconductor Equipment — (continued)
	11	Siliconware Precision Industries Co. ADR #			$	64
	16	United Microelectronics Corp. ADR #				40

						147

		Software & Services — 3.9%
	1	Infosys Technologies Ltd. ADR #				31
	3	Paychex, Inc. #				79
	2	Quality Systems #				60
	1	SAP AG #				30
	8	United Online, Inc. #				62

						262

		Technology Hardware & Equipment — 3.0%
	3	Canon, Inc. ADR #				92
	2	Nokia Corp. #				26
	12	Telefonaktiebolaget LM Ericsson ADR #				84

						202

		Telecommunication Services — 10.0%
	2	Alaska Communication Systems Holdings, Inc. #				18
	4	BT Group plc ADR #				84
	2	Consolidated Communications Holdings, Inc. #				16
	1	Embarq Corp. #				44
	2	France Telecom S.A. ADR #				56
	7	Frontier Communications Corp. #				50
	2	Hellenic Telecommunications Organization S.A. ADR #				11
	1	Iowa Telecommunications Services, Inc. #				21
	2	Nippon Telegraph & Telephone Corp. ADR #				45
	1	Portugal Telecom S.A. ADR #				8
	2	SK Telecom Co., Ltd. ADR #				37
	4	Telecom Italia S.p.A. ADR #				48
	4	USA Mobility, Inc. #				39
	6	Vodafone Group plc ADR #				119
	11	Windstream Corp. #				80

						676

		Transportation — 1.4%
	3	Eagle Bulk Shipping Inc. #				32
	1	Grupo Aeroportuario del Pacifico S.A. de CV ADR #				20
	4	Lan Airlines S.A. ADR #				44

						96

		Utilities — 9.9%
	1	AGL Resources, Inc. #				40
	1	Ameren Corp. #				17
	2	CIA Saneamento Basico De Estado de Sao Paulo #				43
	2	Consolidated Edison, Inc. #				99
	1	DTE Energy Co. #				35
	6	Duke Energy Corp. #				99
	—	Huaneng Power International, Inc. ADR Series N #				5
	1	NiSource, Inc. #				17
	3	Pinnacle West Capital Corp. #				85
	2	Progress Energy, Inc. #				85
	3	Southern Co. #				101
	2	TECO Energy, Inc. #				19
	1	Vectren Corp. #				24

						669

		Total common stock (cost $13,674)			$	8,704



SHORT-TERM INVESTMENTS — 2.8%
		Investment Pools and Funds — 2.8%
	185	State Street Bank U.S. Government Money Market			$	185

		Total short-term investments (cost $185)			$	185

		Total long positions (cost $13,859) (C)	131.5	%	$	8,889
		Securities sold short (proceeds $3,665) (C)	(32.7	)%	$	(2,211	)
		Other assets and liabilities	1.2	%		83

		Total net assets	100.0	%	$	6,761



SECURITIES SOLD SHORT — 32.7% COMMON STOCK — 32.7%
		Automobiles & Components — 0.2%
	1	Amerigon, Inc. (D)			$	5
	1	Dana Holding Corp. (D)				2
	1	Tenneco Automotive, Inc. (D)				6
	3	Visteon Corp. (D)				2

						15

		Banks — 1.2%
	—	Pinnacle Financial Partners, Inc. (D)				12
	1	Signature Bank (D)				17
	—	SVB Financial Group (D)				20
	1	Texas Capital Bankshares, Inc. (D)				10
	2	TFS Financial Corp.				21

						80

		Capital Goods — 2.1%
	1	AGCO Corp. (D)				27
	1	Astec Industries, Inc. (D)				16
	—	Enersys (D)				3
	1	ESCO Technologies, Inc. (D)				19
	1	Flow International Corp. (D)				4
	—	Hurco Companies (D)				6
	1	Interline Brands, Inc. (D)				7
	—	JA Solar Holdings Co. Ltd. ADR (D)				2
	—	Kadant, Inc. (D)				6
	—	L.B. Foster Co. Class A (D)				5
	1	NCI Building Systems, Inc. (D)				20
	—	Powell Industries, Inc. (D)				2
	—	Suntech Power Holdings Co., Ltd. ADR (D)				3
	1	Titan International, Inc.				9
	1	Titan Machinery, Inc. (D)				10
	1	Trimas Corp. (D)				5

						144

		Commercial & Professional Services — 0.5%
	2	Iron Mountain, Inc. (D)				36

The accompanying notes are an integral part of these financial statements.

The Hartford Global Enhanced Dividend Fund

Schedule of Investments — (continued)
October 31, 2008
(000’s Omitted)


			Market
Shares			Value (W)

SECURITIES SOLD SHORT — (continued) COMMON STOCK — (continued)
		Consumer Durables & Apparel — 0.7%
	1	Harman International Industries, Inc.	$	15
	1	Toll Brothers, Inc. (D)		29

				44

		Consumer Services — 0.9%
	1	Cheesecake Factory, Inc. (D)		5
	3	Corinthian Colleges, Inc. (D)		42
	1	Starbucks Corp. (D)		14
	1	Texas Roadhouse, Inc. (D)		7

				68

		Consumer Staples — 0.4%
	—	Seaboard Corp.		27

		Diversified Financials — 0.9%
	1	Ameriprise Financial, Inc.		13
	1	Northern Trust Corp.		31
	—	State Street Corp.		17

				61

		Energy — 3.8%
	—	ATP Oil & Gas Corp. (D)		1
	—	Atwood Oceanics, Inc. (D)		13
	1	Bill Barrett Corp. (D)		13
	—	Bristow Group, Inc. (D)		4
	—	Carrizo Oil & Gas, Inc. (D)		3
	—	Comstock Resources, Inc. (D)		5
	—	Concho Resources, Inc. (D)		5
	—	Continental Resources, Inc. (D)		13
	—	Denbury Resources, Inc. (D)		5
	—	Encore Acquisition Co. (D)		4
	1	Exco Resources, Inc. (D)		5
	—	Helix Energy Solutions Group, Inc. (D)		3
	1	Hercules Offshore, Inc. (D)		5
	—	Hornbeck Offshore Services, Inc. (D)		10
	1	Nabors Industries Ltd. (D)		16
	—	Newfield Exploration Co. (D)		4
	1	Petrohawk Energy Corp. (D)		12
	1	Pioneer Drilling Co. (D)		10
	—	Plains Exploration & Production Co. (D)		6
	—	Quicksilver Resources, Inc. (D)		3
	1	Rex Energy Corp. (D)		4
	—	Sandridge Energy, Inc. (D)		4
	—	Southwestern Energy Co. (D)		13
	1	Suncor Energy, Inc. ADR		20
	1	TETRA Technologies, Inc. (D)		8
	—	Ultra Petroleum Corp. (D)		23
	—	Venoco Inc. (D)		1
	—	Walter Industries		15
	1	Williams Cos., Inc.		30

				258

		Food & Staples Retailing — 0.7%
	1	Great Atlantic & Pacific Tea Co., Inc. (D)		7
	1	Pantry, Inc. (D)		18
	1	Winn-Dixie Stores, Inc. (D)		20

				45

		Food, Beverage & Tobacco — 1.3%
	2	Chiquita Brands International, Inc. (D)		26
	2	Dean Foods Co. (D)		40
	2	Smithfield Foods, Inc. (D)		19

				85

		Health Care Equipment & Services — 0.4%
	1	Community Health Systems, Inc. (D)		24

		Insurance — 0.1%
	1	PMA Capital Corp. Class A (D)		5

		Materials — 1.6%
	5	Domtar Corp. (D)		13
	—	Haynes International, Inc. (D)		12
	2	Headwaters, Inc. (D)		22
	1	OM Group, Inc. (D)		15
	1	Rockwood Holdings, Inc. (D)		7
	6	Smurfit-Stone Container Corp. (D)		8
	2	Solutia, Inc. (D)		17
	1	Titanium Metals Corp.		14

				108

		Media — 1.2%
	—	Ascent Media Corp. (D)		2
	1	CKX, Inc. (D)		4
	2	Discovery Communications, Inc. (D)		26
	6	Emmis Communications Corp. Class A (D)		4
	2	Lakes Entertainment, Inc. (D)		9
	3	Lions Gate Entertainment Corp. (D)		21
	1	LodgeNet Interactive Corp. (D)		1
	1	Playboy Enterprises Class B (D)		3
	13	Sirius XM Radio, Inc. (D)		4
	—	Viacom, Inc. Class B (D)		5
	1	WPT Enterprises, Inc. (D)		—

				79

		Pharmaceuticals, Biotechnology & Life Sciences — 2.7%
	3	Akorn, Inc. (D)		10
	3	Alexza Pharmaceuticals, Inc. (D)		9
	2	Auxilium Pharmaceuticals, Inc. (D)		30
	2	BioMimetic Therapeutics, Inc. (D)		18
	—	Caraco Pharmaceutical Laboratories Ltd. (D)		1
	5	DURECT Corp. (D)		19
	2	KV Pharmaceutical Co. (D)		29
	1	Map Pharmaceuticals Inc. (D)		4
	12	Santarus, Inc. (D)		20
	7	SuperGen, Inc. (D)		9
	1	Xenoport, Inc. (D)		36

				185

		Real Estate — 1.7%
	1	Digital Realty Trust, Inc.		25
	1	Douglas Emmett, Inc.		22
	1	DuPont Fabros Technology, Inc.		8
	1	Potlatch Corp.		19
	1	Rayonier, Inc.		38

				112

		Retailing — 0.4%
	1	99 Cents Only Stores (D)		16
	1	Audiovox Corp. Class A (D)		6

The accompanying notes are an integral part of these financial statements.


					Market
Shares					Value (W)

SECURITIES SOLD SHORT — (continued) COMMON STOCK — (continued)

		Retailing — (continued)
	—	Core-Mark Holding Co., Inc. (D)			$	7
	12	Nexcen Brands Inc. (D)				1

						30

		Semiconductors & Semiconductor Equipment — 0.8%
	6	Atmel Corp. (D)				24
	6	Micron Technology, Inc. (D)				30

						54

		Services — 0.3%
	1	Live Nation, Inc. (D)				8
	1	Orient Express Hotels Ltd. Class A				9

						17

		Software & Services — 2.9%
	1	Akamai Technologies, Inc. (D)				12
	4	Borland Software Corp. (D)				6
	1	Computer Sciences Corp. (D)				27
	4	Earthlink, Inc. (D)				26
	—	Equinix, Inc. (D)				20
	2	FalconStor Software, Inc. (D)				5
	2	Internet Capital (D)				13
	2	Liquidity Services, Inc. (D)				18
	5	LivePerson, Inc. (D)				9
	6	Openwave Systems, Inc. (D)				4
	4	RealNetworks, Inc. (D)				18
	1	Red Hat, Inc. (D)				17
	3	TiVo, Inc. (D)				21

						196

		Technology — 0.0%
	—	Polypore International, Inc. (D)				2

		Technology Hardware & Equipment — 1.8%
	1	Arris Group, Inc. (D)				8
	—	CommScope, Inc. (D)				6
	—	Comtech Telecommunications Corp. (D)				9
	1	Echostar Corp. (D)				11
	—	F5 Networks, Inc. (D)				10
	2	JDS Uniphase Corp. (D)				12
	1	Juniper Networks, Inc. (D)				18
	1	NETGEAR, Inc. (D)				10
	6	Nortel Networks Corp. (D)				8
	1	Riverbed Technology, Inc. (D)				11
	5	Tellabs, Inc. (D)				21

						124

		Telecommunication Services — 3.1%
	1	American Tower Corp. Class A (D)				40
	1	Cbeyond, Inc. (D)				18
	11	Cincinnati Bell, Inc. (D)				25
	1	Crown Castle International Corp. (D)				24
	2	Hutchinson Telecom Internation Ltd. ADR (D)				26
	—	iPCS, Inc. (D)				7
	1	Leap Wireless International, Inc. (D)				14
	2	MetroPCS Communications, Inc. (D)				24
	1	NII Holdings, Inc. Class B (D)				21
	1	SBA Communications Corp. (D)				13

						212

		Transportation — 1.0%
	2	AirTran Holdings, Inc. (D)				6
	1	Alaska Air Group, Inc. (D)				13
	1	American Commercial Lines, Inc. (D)				9
	3	Delta Air Lines, Inc. (D)				32
	1	TBS International Ltd. Class A (D)				8

						68

		Utilities — 2.0%
	1	AES Corp. (D)				12
	1	Allegheny Energy, Inc.				16
	3	CMS Energy Corp.				33
	1	El Paso Electric Co. (D)				19
	1	MDU Resources Group, Inc.				24
	1	Questar Corp.				28

						132

		Total common stock (proceeds $3,665)			$	2,211

		Total securities sold short (proceeds $3,665)	32.7	%	$	2,211


Note:	Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of long positions investments in foreign securities represents 47.10% of total net assets at October 31, 2008.


		Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.

(C)		At October 31, 2008, the cost of securities for federal income tax purposes was $10,180 and the aggregate gross unrealized appreciation and depreciation based on that cost were:


Unrealized Appreciation	$	1,556
Unrealized Depreciation		(5,058	)

Net Unrealized Depreciation	$	(3,502	)


#		All or a portion of this security is held in a segregated account to cover the Fund’s short position.

(D)		Currently not paying a dividend.

(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.

The Hartford Global Enhanced Dividend Fund

Statement of Assets and Liabilities
October 31, 2008
(000’s Omitted)


	Global Enhanced
	Dividend Fund
Assets:
Investments in securities, at fair value; (cost $13,859)	$	8,889
Cash		81
Receivables:
Dividends and interest		33
Other assets		1

Total assets		9,004


Liabilities:
Payables:
Investment securities purchased		18
Investment management and advisory fees (Note 5)		1
Dividends and interest on short positions		—
Securities sold short, at value (proceeds $3,665)		2,211
Accrued expenses		13

Total liabilities		2,243

Net assets	$	6,761


Summary of Net Assets:
Capital stock and paid-in-capital	$	10,717
Accumulated undistributed net investment income		10
Accumulated net realized loss on investments and foreign currency transactions		(450	)
Unrealized depreciation of investments and the translations of assets and liabilities denominated in foreign currency		(3,516	)

Net assets	$	6,761

Shares authorized		850,000

Par value	$	0.001

Class A: Net asset value per share/Maximum offering price per share	$	6.34/$6.70

Shares outstanding		842

Net assets	$	5,343

Class B: Net asset value per share	$	6.33

Shares outstanding		32

Net assets	$	202

Class C: Net asset value per share	$	6.33

Shares outstanding		32

Net assets	$	202

Class I: Net asset value per share	$	6.34

Shares outstanding		32

Net assets	$	203

Class R3: Net asset value per share	$	6.34

Shares outstanding		32

Net assets	$	202

Class R4: Net asset value per share	$	6.34

Shares outstanding		32

Net assets	$	203

Class R5: Net asset value per share	$	6.34

Shares outstanding		32

Net assets	$	203

Class Y: Net asset value per share	$	6.34

Shares outstanding		32

Net assets	$	203

The accompanying notes are an integral part of these financial statements.

The Hartford Global Enhanced Dividend Fund

Notes to Financial Statements
October 31, 2008
(000’s Omitted)


1.	Organization:

The Hartford Global Enhanced Dividend Fund (Global Enhanced Dividend Fund) is a portfolio within The Hartford Mutual Funds, Inc. (the “Company”) an open-end management investment company.

The Company is organized under the laws of the State of Maryland and is registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940, as amended (“1940 Act”), as a diversified open-end management investment company.

Class A shares are sold with a front-end sales charge of up to 5.50%. Class B shares are sold with a contingent deferred sales charge which is assessed on the lesser of the net asset value per share (“NAV”) 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% on shares redeemed within twelve months of purchase. Class I shares are sold without sales charges to certain eligible investors through advisory fee-based wrap programs. Classes R3, R4, R5 shares, which are offered to employer-sponsored retirement plans, and Y shares, which are sold to certain eligible institutional investors, are sold 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 Class B shares automatically convert to Class A shares after 8 years.

This Fund’s shares were not offered to the public for the period from November 27, 2007 through October 31, 2008.


2.	Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund, which are in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) in the investment company industry:


	a)	Security Transactions and Investment Income — Security transactions are recorded on the trade date (the date the order to buy or sell is executed). Security gains and losses are determined on the basis of identified cost.


	b)	Security Valuation — The Fund generally uses market prices in valuing portfolio securities. If market prices are not readily available or are deemed unreliable, this 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 the 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 security’s primary markets, 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 the 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 stocks primarily traded on foreign markets, the Fund uses a fair value pricing service approved by the Fund’s Board of Directors, which employs quantitative models that evaluate changes in the value of foreign market proxies (e.g., futures contracts, ADR’s, exchange traded funds (“ETFs”)) after the close of the foreign markets but before the close of the Exchange. Securities that are primarily traded on foreign markets may trade on days that are not business days of the Fund. 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 NAV of their respective shares to differ significantly from the NAV that would have been calculated using market prices at the close of the exchange on which a portfolio security is primarily traded but before the close of the Exchange. There can be no assurance that the Fund could obtain the fair value assigned to a security if the Fund were to sell the security at approximately the time at which the Fund determines its NAV.

Debt securities (other than short-term obligations and senior floating rate interests) held by the 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 (“OTC”) markets and are priced through an unaffiliated pricing service utilizing independent market quotations from loan dealers or financial institutions. Securities for which prices are not available from an independent pricing service are valued using market quotations obtained from one or more dealers that make markets in the securities in accordance with procedures established by the Fund’s Board of Directors. Generally, the Fund may use fair valuation in regard to debt securities when the Fund holds defaulted or distressed securities or securities in a company in which a 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.

Securities of foreign issuers and non-dollar securities are translated from the local currency into U.S. dollars using prevailing exchange rates.

Financial instruments for which prices are not available from an independent pricing service, are valued using market quotations obtained from one or more dealers that make markets in securities in accordance with procedures established by the Fund’s Board of Directors.

Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund on the valuation date.


	c)	Foreign Currency Transactions — The accounting records of the Fund are maintained in U.S. dollars. All assets and liabilities initially expressed in foreign currencies are converted into U.S. dollars at the 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 Fund does not isolate that portion of portfolio security valuation resulting from fluctuations in the foreign currency exchange rates on portfolio securities from the fluctuations arising from changes in the market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss on investments in the accompanying financial statements.


	d)	Joint Trading Account — Pursuant to an exemptive order issued by the SEC, the Fund may transfer uninvested cash balances into a joint trading account managed by Hartford Investment Management Company (“Hartford Investment Management”). The cash balances may be invested in one or more repurchase agreements and/or short-term money market instruments.

	e)	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 Fund enters 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 the Fund’s custodian in book entry or physical form in the custodial account of the Fund or in a third party custodial account. Repurchase agreements are valued at cost plus accrued interest. The Fund had no outstanding repurchase agreements as of October 31, 2008.

	f)	Forward Foreign Currency Contracts — The Fund may 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 Statement 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 the foreign currencies relative to the U.S. dollar. As of October 31, 2008, there were no open forward foreign currency contracts.


	g)	Indexed Securities — The Fund may invest in indexed securities whose values are linked to changes in interest rates, indices, or other underlying instruments. The Fund uses these securities to increase or decrease its 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. As of October 31, 2008, the Fund had no investments in indexed securities.

	h)	Fund Share Valuation and Dividend Distributions to Shareholders — Orders for the Fund’s shares are executed in accordance with the investment instructions of the shareholders. The NAV of the Fund’s shares is determined as of the close of each business day of the Exchange. The NAV is determined separately for each class of the 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 the Fund’s shares prior to the close of the Exchange on any day on which the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders 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 NAV.

The 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 are declared and paid quarterly. Unless shareholders specify otherwise, all dividends and distributions will be automatically reinvested in additional full or fractional shares of the Fund.

The Hartford Global Enhanced Dividend Fund

Notes to Financial Statements — (continued)
October 31, 2008
(000’s Omitted)

Distributions from net investment income, realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences include foreign currency gains and losses, losses deferred due to wash sales adjustments, gains and losses related to Passive Foreign Investment Companies and certain derivatives, and excise tax regulations. Permanent book and federal income tax basis differences relating to shareholder distributions will result in reclassifications to certain of the Fund’s capital accounts (see Note 4 (c)).


	i)	Illiquid and Restricted Securities — The Fund is permitted to invest up to 15% of its net assets in illiquid 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 the Fund’s NAV. The 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 for such securities or investments, and investment in them may have an adverse impact on NAV. The Fund may also purchase certain restricted securities, commonly known as Rule 144A securities, that can be resold to institutions and which may be determined to be liquid pursuant to policies and guidelines established by the Fund’s Board of Directors. As of October 31, 2008, the Fund held no illiquid securities.

	j)	Securities Purchased on a When-Issued or Delayed-Delivery Basis — Delivery and payment for securities that have been purchased by the Fund on a forward commitment, 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 Fund identifies securities segregated in its records with value at least equal to the amount of the commitment. As of October 31, 2008, the Fund had no outstanding when-issued or forward commitments.

	k)	Swaps — The Fund may enter into event linked swaps, including credit default swaps. The credit default swap market allows the Fund to manage credit risk through buying and selling credit protection on a specific issuer, an index, or a basket of issuers. 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. The Fund will generally not buy protection on issuers that are not currently held by the Fund.

The Fund 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. The Fund had no outstanding swaps as of October 31, 2008.


	l)	Use of Estimates — The preparation of financial statements in conformity with U.S. GAAP 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.

	m)	Financial Accounting Standards Board Financial Accounting Standards No. 157 — In September 2006, the Financial Accounting Standards Board (“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 Fund’s financial statements issued for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years. As of October 31, 2008, the Fund does 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 Statement of Operations for a fiscal period.

	n)	Financial Accounting Standards Board Financial Accounting Standards No. 161 — In March 2008, the FASB released Statement of Financial Accounting Standards No. 161, “Disclosures about Derivative Instruments and Hedging Activities” (“FAS 161”). FAS 161 requires companies to disclose information detailing the objectives and strategies for using derivative instruments, the level of derivative activity entered into by the company and any credit risk-related contingent features of the agreements. The application of FAS 161 is required for fiscal years and interim periods beginning after November 15, 2008. At this time, management is evaluating the implications of FAS 161 and has not yet implemented the new disclosure standard.

	o)	Securities Sold Short — As part of its principal investment strategy, the Fund will enter into short sales. In a short sale, the Fund sells a borrowed security (typically from a broker or other institution). The Fund may not always be able to borrow the security at a particular time or at an acceptable price. Thus, there is a risk that the Fund may be unable to implement its investment strategy due to the lack of available stocks or for other reasons. After selling the borrowed security, the Fund is obligated to “cover” the short sale by purchasing the security and returning the security to the lender. If a security sold short increases in price, the Fund may have to cover its short position at a higher price than the short sale price, resulting in a loss. Because the Fund’s loss on a short sale arises from increases in the value of the security sold short, such loss is theoretically unlimited. In certain cases, purchasing a security to cover a short position can itself cause the price of the security to rise further, thereby exacerbating the loss.

Short sales also involve other costs. The Fund must normally repay to the lender an amount equal to any dividends or interest that accrues while the loan is outstanding. In addition, to borrow the security, the Fund may be required to pay a premium. The Fund also will incur transaction costs in executing short sales. The amount of any ultimate gain for the Fund resulting from a short sale will be decreased, and the amount of any ultimate loss will be increased, by the amount of the premiums, dividends, interest or expenses the Fund may be required to pay in connection with the short sale. Until the Fund replaces a borrowed security, it is required to maintain a segregated account of cash or liquid assets to cover the Fund’s short position. Securities held in a segregated account can not be sold while the position they are covering is outstanding, unless they are replaced with similar securities. Additionally, the Fund must maintain a sufficient liquid asset (less any additional collateral held by the broker) to cover the short sale obligation. This may limit the Fund’s investment flexibility, as well as its ability to meet redemptions or other current obligations.

Dividends declared on short positions existing on the record date are recorded on the ex-dividend date as an expense on the Statement of Operations.


	p)	Indemnifications: Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland Corporate Law and the federal securities law. In addition, the Company, on behalf of the Fund, may enter into contracts that contain a variety of indemnifications. The Company’s maximum exposure under these arrangements is unknown. However, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.


3.	Futures and Options:

Futures and Options Transactions — The Fund 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 Fund enters into such futures contracts, it is required to deposit with a futures 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 Fund.

At any time prior to the expiration of the futures contract, the Fund may close the position by taking an opposite position, which would effectively terminate the position in the futures contract. A final determination of variation margin is then made, additional cash is required to be paid by or released to the Fund and the Fund realizes a gain or loss.

The use of futures contracts involve elements of market risk, which may exceed the amounts recognized in the Statement of Assets and Liabilities. Changes in the value of the futures contracts may decrease the effectiveness of the Fund’s strategy and potentially result in loss. As of October 31, 2008, the Fund had no outstanding futures contracts.

The premium paid by the Fund for the purchase of a call or put option is included in the Fund’s Statement 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 Fund may write covered options. “Covered” means that so long as the 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 pledge cash or other liquid securities having a value equal to or greater than the fluctuating market value of the option securities or currencies. The Fund receives a premium for writing a call or put option, which is recorded on the Fund’s Statement 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 the value of such options, which may exceed the related premiums received. As of October 31, 2008, there were no outstanding written options contracts.


4.	Federal Income Taxes:


	a)	Federal Income Taxes — For federal income tax purposes, the Fund intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code (“IRC”) by distributing substantially all of its taxable net investment income and net realized capital gains to its shareholders and otherwise complying with the requirements of regulated investment companies. The Fund intends to distribute substantially all of its income and gains during the calendar year ending December 31, 2008. Accordingly, no provision for federal income or excise taxes has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distribution for federal income tax purposes.

	b)	The tax character of distributions paid for the period was ordinary income of $572.





As of October 31, 2008, the Fund’s components of distributable earnings on tax basis were as follows:


			Undistributed
	Undistributed		Long-Term		Accumulated Capital			Unrealized Appreciation			Total Accumulated
	Ordinary Income		Capital Gain		Gains (Losses)^*			(Depreciation)^@			Earnings (Deficit)

Global Enhanced Dividend Fund	$	10	$	—	$	(464	)	$	(3,502	)	$	(3,956	)


*		Capital loss carryforward is identified in Note 4 (d).
@		The difference between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to the tax deferral of wash sales losses, the mark to market for Passive Foreign Investment Companies and basis differences in real estate investment trusts.

The Hartford Global Enhanced Dividend Fund

Notes to Financial Statements — (continued)
October 31, 2008
(000’s Omitted)


	c)	Reclassification of Capital Accounts:

In accordance with American Institute of Certified Public Accountants (AICPA) Statement of Position 93-2, Determination, Disclosure, and Financial Statement Presentation of Income, Capital Gain, and Return of Capital Distributions by Investment Companies, the Fund has recorded reclassifications in its capital account. This reclassification had no impact on the NAV of the Fund and are designed generally to present accumulated undistributed (distribution in excess of) net investment income and accumulated net realized gains (losses) on investments on a tax basis which is considered to be more informative to a shareholder. The reclassifications are a result of permanent differences between GAAP and tax accounting for such items as foreign currency, net operating losses and capital loss carryforward expiration that reduce distribution requirements. Adjustments are made to reflect the impact these items have on current and future distributions to shareholders. Therefore, the source of the Fund’s distributions may be shown in the accompanying Statement 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, 2008, the Fund recorded the following reclassifications to increase (decrease) the accounts listed below:


	Undistributed
	Net Investment			Accumulated Net
	Income			Realized Gain (Loss)		Paid-in-Capital

Global Enhanced Dividend Fund	$	(177	)	$	32	$	145


	d)	Capital Loss Carryforward:

At October 31, 2008 (tax-year-end), the Fund had a capital loss carryforward for U.S. federal income tax purposes in the amount of $464 expiring in 2016.


	e)	Financial Accounting Standards Board Interpretation No. 48 — On July 13, 2006, the 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. Management has evaluated the implications of FIN 48 and has determined there is no impact to the Fund’s financial statements.


5.	Expenses:


	a)	Investment Management and Advisory Agreements — Hartford Investment Financial Services, LLC (“HIFSCO”) serves as investment manager to the Fund pursuant to an Investment Advisory Agreement for The Hartford Mutual Funds, Inc. As investment manager, HIFSCO has overall investment supervisory responsibility for the Fund. In addition, HIFSCO provides administrative personnel, services, equipment and facilities and office space for proper operation of the Fund. HIFSCO has contracted with Hartford Investment Management for the provision of day to day investment management services for the Fund.

The schedule below reflects the rates of compensation paid to HIFSCO for investment advisory services rendered during the year ended October 31, 2008; the rates are accrued daily and paid monthly:

Global Enhanced Dividend Fund(1)


Average Daily Net Assets	Annual Fee

On first $500 million		1.00%
On next $500 million		0.95%
Over $1 billion		0.90%

HIFSCO has voluntarily agreed to waive 100% of the management fees through February 28, 2010.

(1) As of November 1, 2008, HIFSCO agreed to add permanent management fee break points at $5 billion and $10 billion. The schedule is as follows:


Average Daily Net Assets	Annual Fee

On first $500 million		1.00%
On next $500 million		0.95%
On next $4 billion		0.90%
On next $5 billion		0.88%
Over $10 billion		0.87%


	b)	Accounting Services Agreement — Pursuant to the Fund Accounting Agreement between Hartford Life Insurance Co. (“HLIC”) and the Fund, HLIC provides accounting services to the Fund and received monthly compensation as shown below on the Fund’s daily net assets. The Fund’s accounting services fees are accrued daily and paid monthly.

Global Enhanced Dividend Fund


Average Daily Net Assets	Annual Fee

On first $5 billion		0.018%
On next $5 billion		0.016%
Over $10 billion		0.014%


	c)	Operating Expenses — Allocable expenses incurred by the Fund are allocated to the Fund and allocated to classes within the Fund in proportion to the average daily net assets of the Fund and classes, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within the Fund. During the period November 28, 2007 through October 31, 2008, HIFSCO has contractually limited the total operating expenses of the Class A, B, C, I, R3, R4, R5 and Y shares of the Fund, exclusive of taxes, interest, brokerage commissions, certain distribution expenses and extraordinary expenses as follows:


Fund	Class A		Class B		Class C		Class I		Class R3		Class R4		Class R5		Class Y

Global Enhanced Dividend Fund		1.60%		2.35%		2.35%		1.35%		1.85%		1.60%		1.35%		1.25%

Expenses associated with securities sold short are not covered by the contractual limitations noted above.


	d)	Fees Paid Indirectly — The Fund has entered into agreements with State Street Global Advisors, LLC and Frank Russell Securities, Inc. to partially recapture non-discounted trade commissions. Such rebates are used to pay a portion of the Fund’s expenses. In addition, the Fund’s custodian bank has also agreed to reduce its fees when the Fund maintains cash on deposit in the non-interest-bearing custody account. For the period ended October 31, 2008, these amounts round to zero.


	For the Period
	November 28, 2007
Global	though
Enhanced Dividend Fund	October 31, 2008

Class A Shares		0.58	%
Class B Shares		1.33
Class C Shares		1.33
Class I Shares		0.33
Class R3 Shares		1.03
Class R4 Shares		0.73
Class R5 Shares		0.43
Class Y Shares		0.33


	e)	Distribution and Service Plan for Class A, B and C Shares — HIFSCO is the principal underwriter and distributor of the Fund. 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 period ended October 31, 2008, HIFSCO had no revenue from distribution and service plans.

The Fund has adopted a Distribution and Service Plan 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, R3 and R4 shares and for providing services for shareholders. The Rule 12b-1 plan applicable to Class A shares of the Fund 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 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 Fund’s 12b-1 fees are accrued daily and paid monthly.

For the period ended October 31, 2008, the Fund had no sales commissions paid to affiliated brokers/dealers of The Hartford for distributing the Fund.

The Hartford Global Enhanced Dividend Fund

Notes to Financial Statements — (continued)
October 31, 2008
(000’s Omitted)


	f)	Other Related Party Transactions — Certain officers of the Fund are directors and/or officers of HIFSCO, Hartford Investment Management and/or The Hartford or its subsidiaries. For the period ended October 31, 2008, a portion of the Fund’s chief compliance officer’s salary was paid by the Fund in an amount less than $1, which rounds to zero. This fee is accrued daily and paid monthly.


6.	Affiliate Holdings:

As of October 31, 2008, affiliates of The Hartford had ownership of shares in the Fund as follows:


Fund	Class A		Class B		Class C		Class I		Class R3		Class R4		Class R5		Class Y

Global Enhanced Dividend Fund		842		32		32		32		32		32		32		32


7.	Investment Transactions:

For the period ended October 31, 2008, aggregate purchases and sales of investment securities (excluding short sale transactions and short-term investments) were $23,240 and $8,838, respectively. Purchases to cover securities sold short and securities sold short aggregated $2,683 and $6,595, respectively.


8.	Capital Share Transactions:

The following information is for the period ended October 31, 2008:


			Shares
			Issued for		Net Increase
			Reinvested		(Decrease)
	Shares Sold		Dividends		of Shares

Global Enhanced Dividend Fund:
Class A Shares		790		52		842
Amount	$	7,900	$	454	$	8,354
Class B Shares		30		2		32
Amount	$	300	$	16	$	316
Class C Shares		30		2		32
Amount	$	300	$	16	$	316
Class I Shares		30		2		32
Amount	$	300	$	18	$	318
Class R3 Shares		30		2		32
Amount	$	300	$	16	$	316
Class R4 Shares		30		2		32
Amount	$	300	$	17	$	317
Class R5 Shares		30		2		32
Amount	$	300	$	17	$	317
Class Y Shares		30		2		32
Amount	$	300	$	18	$	318


9.	Industry Classifications:

Other than the Industry Classification “Other Investment Pools and Funds”, and “Exchange Traded Funds”, Equity Industry Classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s.


10.	Line of Credit:

The Fund participates in a $1 billion committed revolving line of credit facility. The facility is to be used for temporary or emergency purposes. Under the arrangement, the Fund is 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. During the year ended October 31, 2008, the Fund did not have any borrowings under this facility.

The Hartford Global Enhanced Dividend Fund

Financial Highlights


	*— Selected Per-Share Data (a) —*																							*— Ratios and Supplemental Data —*
																													Ratio of			Ratio of			Ratio of
																													Expenses			Expenses			Expenses
																													to Average			to Average			to Average
																													Net Assets			Net Assets			Net Assets
					Net																								Before			After			After
					Realized														Net										Waivers and			Waivers and			Waivers and			Ratio of
					and									Distributions					Increase										Reimbursements			Reimbursements			Reimbursements			Net
	Net Asset		Net		Unrealized			Total			Dividends			from					(Decrease)			Net Asset					Net Assets		and Including			and Including			and Excluding			Investment
	Value at		Investment		Gain			from			from Net			Realized					in Net			Value at					at End of		Expenses			Expenses			Expenses			Income			Portfolio
	Beginning		Income		(Loss) on			Investment			Investment			Capital		Total			Asset			End		Total			Period		not Subject			not Subject			not Subject			to Average			Turnover
	of Period		(Loss)		Investments			Operations			Income			Gains		Distributions			Value			of Period		Return (b)			(000’s)		to Cap (d)			to Cap (d)			to Cap (d)			Net Assets			Rate (c)
The Hartford Global Enhanced Dividend Fund
From (commencement of operations) November 28, 2007, through October 31, 2008
Class A	$	10.00	$	0.74	$	(3.84	)	$	(3.10	)	$	(0.56	)	$	—	$	(0.56	)	$	(3.66	)	$	6.34		(32	.37)%(f)	$	5,343		2.09	%(e)		1.09	%(e)		0.58	%(e)		9.20	%(e)		70	%
Class B		10.00		0.68		(3.84	)		(3.16	)		(0.51	)		—		(0.51	)		(3.67	)		6.33		(32	.86)(f)		202		2.84	%(e)		1.84	%(e)		1.33	%(e)		8.45	%(e)		—
Class C		10.00		0.68		(3.84	)		(3.16	)		(0.51	)		—		(0.51	)		(3.67	)		6.33		(32	.86)(f)		202		2.84	%(e)		1.84	%(e)		1.33	%(e)		8.45	%(e)		—
Class I		10.00		0.76		(3.84	)		(3.08	)		(0.58	)		—		(0.58	)		(3.66	)		6.34		(32	.24)(f)		203		1.84	%(e)		0.84	%(e)		0.33	%(e)		9.45	%(e)		—
Class R3		10.00		0.71		(3.84	)		(3.13	)		(0.53	)		—		(0.53	)		(3.66	)		6.34		(32	.60)(f)		202		2.54	%(e)		1.54	%(e)		1.03	%(e)		8.75	%(e)		—
Class R4		10.00		0.73		(3.84	)		(3.11	)		(0.55	)		—		(0.55	)		(3.66	)		6.34		(32	.44)(f)		203		2.24	%(e)		1.24	%(e)		0.73	%(e)		9.05	%(e)		—
Class R5		10.00		0.75		(3.84	)		(3.09	)		(0.57	)		—		(0.57	)		(3.66	)		6.34		(32	.29)(f)		203		1.94	%(e)		0.94	%(e)		0.43	%(e)		9.35	%(e)		—
Class Y		10.00		0.76		(3.84	)		(3.08	)		(0.58	)		—		(0.58	)		(3.66	)		6.34		(32	.24)(f)		203		1.84	%(e)		0.84	%(e)		0.33	%(e)		9.45	%(e)		—


(a)		Information presented relates to a share of capital 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. (See Note 5(d) for impact on ratios)
(e)		Annualized.
(f)		Not annualized.

Report of Independent Registered Public Accounting Firm

The Board of Directors and Shareholders of
The Hartford Global Enhanced Dividend Fund:.

We have audited the accompanying statement of assets and liabilities of The Hartford Global Enhanced Dividend Fund (the Fund), including the schedule of investments, as of October 31, 2008, and the related statement of operations, statement of changes in net assets, and the financial highlights for the period from November 28, 2007 to October 31, 2008. These financial statements and financial highlights are the responsibility of the Fund’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audit.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. We were not engaged to perform an audit of the Fund’s internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation Our procedures included confirmation of securities owned as of October 31, 2008, by correspondence with the custodian and brokers or by other appropriate auditing procedures where replies from brokers were not received. We believe that our audit provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of The Hartford Global Enhanced Dividend Fund at October 31, 2008, the results of its operations, the changes in its net assets, and the financial highlights for the period from November 28, 2007 to October 31, 2008, in conformity with U.S. generally accepted accounting principles.

/s/ ERNST & YOUNG LLP

Minneapolis, Minnesota

December 15, 2008

The Hartford Global Enhanced Dividend Fund

Directors and Officers (Unaudited)

The Board of Directors appoints officers who are responsible for the day-to-day operations of the Fund and who execute policies formulated by the Directors. Each director serves until his or her death, resignation, or retirement or until the next annual 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 financial interest in The Hartford are considered “interested” persons of the Fund pursuant to the Investment Company Act of 1940, as amended. Each officer and three of the Fund’s directors, as noted in the chart below, are “interested” persons of the Fund. 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 104 funds. Correspondence may be sent to directors and officers c/o Hartford Mutual Funds, P.O. Box 2999, Hartford, Connecticut, 06104-2999, except that correspondence to Ms. Fagely and Ms. Settimi may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125.

The table below sets forth, for each director and officer, his or her name, age, current position with the Fund and 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 Fund’s 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 the Fund can be found in the Statement of Operations herein. The Fund does not pay salaries or compensation to any of its officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (age 62) Director since 2003, Co-Chairman of the Investment Committee

Robert M. Gavin, Jr. (age 68) Director since 2002 (MF) and 1986 (MF2), Chairman of the Board since 2004

Duane E. Hill (age 63) Director since 2001 (MF) and 2002 (MF2), Chairman of the Nominating Committee

Sandra S. Jaffee (age 67) Director since 2005

William P. Johnston (age 64) Director since 2005, Chairman of the Compliance Committee

Phillip O. Peterson (age 64) Director since 2002 (MF) and 2000 (MF2), Chairman of the Audit Committee

Lemma W. Senbet (age 62) Director since 2005

The Hartford Global Enhanced Dividend Fund

Directors and Officers (Unaudited) — (continued)

Interested Directors and Officers

Thomas M. Marra (age 50) Director since 2002

Lowndes A. Smith (age 69) Director since 2002, Co-Chairman of the Investment Committee

John C. Walters (age 46) Director since 2008, President and Chief Executive Officer since 2007

Other Officers

Robert M. Arena, Jr. (age 40) Vice President since 2006

Tamara L. Fagely (age 50) Vice President, Treasurer and Controller since 1993

Brian Ferrell (age 45) AML Compliance Officer since 2008

Thomas D. Jones, III (age 43) Vice President and Chief Compliance Officer since 2006

Edward P. Macdonald (age 41) Vice President, Secretary and Chief Legal Officer since 2005

Vernon J. Meyer (age 44) Vice President since 2006

Denise A. Settimi (age 48) Vice President since 2005

The Hartford Global Enhanced Dividend Fund

Federal Income Tax Information (Unaudited)

The information set forth below is for the Fund’s fiscal year as required by federal tax law. Shareholders, however, must report distributions on a calendar year basis for income tax purposes which may include distributions of two fiscal years of the fund. Accordingly, the information needed by shareholders for income tax purposes will be sent to them in early 2009. Shareholders may wish to consult a tax advisor on how to report distributions for state and local purposes.

The income received from federal obligations is as follows:


	DRD *		QDI **

Global Enhanced Dividend Fund		100%		100%


*		Income distributions, taxable as dividend income which qualify for deduction by corporations.
**		For the fiscal year ended October 31, 2008, certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided for by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The Funds intend to designate ordinary distributions declared as taxed at a maximum rate of 15%. Complete information will be computed and reported in conjunction with your 2008 1099-DIV. Detailed below are the per share distributions made for the fiscal year ended October 31, 2008.


	Class A		Class B		Class C		Class I		Class R3		Class R4		Class R5		Class Y
Global Enhanced Dividend Fund
Income		0.563		0.513		0.513		0.580		0.533		0.554		0.574		0.580

The Hartford Global Enhanced Dividend Fund

Expense Example (Unaudited)

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 April 30, 2008 through October 31, 2008.

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.


			Actual return				Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2008		Account		Account		April 30, 2008		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2008		October 31, 2008		October 31, 2008		April 30, 2008		October 31, 2008		October 31, 2008		ratio			1/2 year		full year
The Hartford Global Enhanced Dividend Fund
Class A	$	1,000.00	$	706.90	$	3.38	$	1,000.00	$	1,021.16	$	4.01		0.79	%		184		366
Class B	$	1,000.00	$	703.10	$	6.56	$	1,000.00	$	1,017.42	$	7.77		1.53			184		366
Class C	$	1,000.00	$	704.20	$	6.57	$	1,000.00	$	1,017.42	$	7.77		1.53			184		366
Class I	$	1,000.00	$	707.80	$	2.33	$	1,000.00	$	1,022.40	$	2.76		0.54			184		366
Class R3	$	1,000.00	$	705.30	$	5.32	$	1,000.00	$	1,018.89	$	6.30		1.24			184		366
Class R4	$	1,000.00	$	706.40	$	4.04	$	1,000.00	$	1,020.39	$	4.78		0.94			184		366
Class R5	$	1,000.00	$	707.50	$	2.76	$	1,000.00	$	1,021.90	$	3.26		0.64			184		366
Class Y	$	1,000.00	$	707.80	$	2.33	$	1,000.00	$	1,022.40	$	2.76		0.54			184		366

Item 2. Code of Ethics.

Registrant has adopted a code of ethics that applies to Registrant’s principal executive officer, principal financial officer, and controller, which is attached as an exhibit.

Item 3. Audit Committee Financial Expert.

The Board of Directors of the Registrant has designated Phillip O. Peterson as an Audit Committee Financial Expert. Mr. Peterson is considered by the Board to be an independent director.

Item 4. Principal Accountant Fees and Services.

	(a)		Audit Fees: $898,600 for the fiscal year ended October 31, 2007; $944,600 for the fiscal year ended October 31, 2008.

	(b)		Audit Related Fees: $24,917 for the fiscal year ended October 31, 2007; $25,375 for the fiscal year ended October 31, 2008. Audit-related services principally in connection with SEC Rule 17Ad-13 report.

	(c)		Tax Fees: $175,200 for the fiscal year ended October 31, 2007; $224,569 for the fiscal year ended October 31, 2008.

	(d)		All Other Fees: $0 for the fiscal year ended October 31, 2007; $0 for the fiscal year ended October 31, 2008.

	(e)		(1) A copy of the Audit Committee’s pre-approval policies and procedures is attached as an exhibit.

	(e)		(2) One hundred percent of the services described in items 4(b) through 4(d) were approved in accordance with the Audit Committee’s Pre-Approval Policy. As a result, none of such services was approved pursuant to paragraph (c) (7) (i) (c) of Rule 2-01 of Regulation S-X.

	(f)		None of the hours expended on the principal accountant’s engagement to audit the Registrant’s financial statements for the year ended October 31, 2008, were attributed to work performed by persons other than the principal accountant’s full-time employees.

	(g)		Non-Audit Fees: $1,006,128 for the fiscal year ended October 31, 2007; $1,240,963 for the fiscal year ended October 31, 2008.

	(h)		The registrant’s Audit Committee of the Board of Directors has considered whether the provision of non-audit services that were rendered to the

registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.

Item 5. Audit Committee of Listed Registrants.

Registrant has a separately designated standing Audit Committee comprised of the independent directors listed below:

Robert M. Gavin
Sandra S. Jaffee
William P. Johnston
Phillip O. Peterson

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


Unrealized Appreciation	$	129
Unrealized Depreciation		(17,383	)

Net Unrealized Depreciation	$	(17,254	)


Manager Discussion (Unaudited)		1
The Hartford Global Enhanced Dividend Fund Financial Statements
Schedule of Investments at October 31, 2008		3
Statement of Assets and Liabilities at October 31, 2008		9
Statement of Operations for the Period from November 28, 2007 to October 31, 2008		10
Statement of Changes in Net Assets for the Period from November 28, 2007 to October 31, 2008		11
Notes to Financial Statements		12
Financial Highlights		19
Report of Independent Registered Public Accounting Firm		20
Directors and Officers (Unaudited)		21
How to Obtain a Copy of the Fund’s Proxy Voting Policy and Proxy Voting Records (Unaudited)		23
Quarterly Portfolio Holdings Information (Unaudited)		23
Federal Income Tax Information (Unaudited)		24
Expense Example (Unaudited)		25


12(a)(1)		Code of Ethics

12(a)(2)		Audit Committee Pre-Approval Policies and Procedures

12(a)(3)		Section 302 certifications of the principal executive officer and principal financial officer of Registrant.

(b)		Section 906 certification.


	THE HARTFORD MUTUAL FUNDS, INC.
Date: December 12, 2008	By:	/s/ John C. Walters
		John C. Walters
		Its: President