0001104659-14-003524.txt : 20140519 0001104659-14-003524.hdr.sgml : 20140519 20140122145745 ACCESSION NUMBER: 0001104659-14-003524 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20140122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARTFORD MUTUAL FUNDS INC/CT CENTRAL INDEX KEY: 0001006415 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 5 RADNOR CORPORATE CENTER STREET 2: 100 MATSONFORD ROAD, SUITE 300 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 610-386-4068 MAIL ADDRESS: STREET 1: 5 RADNOR CORPORATE CENTER STREET 2: 100 MATSONFORD ROAD, SUITE 300 CITY: RADNOR STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: ITT HARTFORD MUTUAL FUNDS INC DATE OF NAME CHANGE: 19960226 FORMER COMPANY: FORMER CONFORMED NAME: HARTFORD MUTUAL FUNDS INC DATE OF NAME CHANGE: 19960126 CORRESP 1 filename1.htm

 

One International Place, 40th Floor

100 Oliver Street

Boston, MA 02110-2605

+1 617 728 7100 Main

+1 617 426 6567 Fax

www.dechert.com

 

 

 

JOHN V. O’HANLON

 

john.ohanlon@dechert.com

+1 617 728 7111 Direct

+1 617 275 8367 Fax

 

January 22, 2014

 

VIA EDGAR CORRESPONDENCE

 

Deborah O’Neal-Johnson

U.S. Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549-4644

 

Re:         The Hartford Mutual Funds, Inc. (the “Registrant”) (File No. 811-07589)

 

Dear Ms. O’Neal-Johnson:

 

We are writing in response to comments you provided telephonically to me and Alice Pellegrino on January 16, 2014 with respect to the Registrant’s preliminary proxy statement filed on Schedule 14A (the “Preliminary Proxy”) on January 7, 2014.  On behalf of the Registrant, we have summarized your comments below and provided the Registrant’s responses immediately thereafter.  Capitalized terms have the meanings attributed to such terms in the Preliminary Proxy.

 

1.              Comment:                                 With respect to the “Board of Directors’ Considerations” section in Proposal 1 of the Preliminary Proxy, please provide additional information regarding why the Board concluded that Wellington Management Company, LLP has the capability of providing satisfactory investment performance for the Funds.

 

Response:                                    The Registrant notes that the current disclosure matches that set forth in the “Approval of Investment Management and Investment Sub-Advisory Agreements” sections of the Funds’ annual reports and reflects the minutes of the relevant meetings of the Board.  The Registrant believes that the description of the Board’s considerations in approving the Sub-Advisory Agreement should remain consistent across these documents.  Accordingly, the Registrant respectfully declines to revise the disclosure in response to this comment.

 

2.              Comment:                                 Please confirm whether the Board considered the fees, expenses, and investment performance of peer funds when evaluating the Sub-Advisory Agreement.

 



 

Response:                                    As discussed telephonically, the Registrant confirms that Lipper Inc., an independent provider of investment company data, was retained to provide the Board with reports on how each Fund’s fees, overall expense ratios and investment performance compared to those of mutual funds with similar investment objectives.  The Registrant notes that this information is disclosed in the “Board of Directors’ Considerations” section in Proposal 1 of the Preliminary Proxy.

 

 

Sincerely,

 

/s/ John V. O’Hanlon

 

 

 

John V. O’Hanlon

 

 

cc:                  Edward P. Macdonald

Alice A. Pellegrino
Lisa Zeises

 

2


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