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: 811-08629

HARTFORD SERIES FUND, INC.
(Exact name of registrant as specified in charter)

P.O. Box 2999, Hartford, Connecticut 06104-2999

(Address of Principal Executive Offices) (Zip Code)

Edward P. Macdonald, Esquire

Hartford Funds Management Company, LLC

5 Radnor Corporate Center, Suite 300

100 Matsonford Road

Radnor, PA 19087

(Name and Address of Agent for Service)

Registrant’s telephone number, including area code: (860) 843-9934

Date of fiscal year end: December 31^st

Date of reporting period: January 1, 2013 to June 30, 2013

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, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Reports to Stockholders.

HARTFORDFUNDS

HARTFORD SERIES FUND, INC. 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Series Fund, Inc.

Table of Contents

Fund Performance and Manager Discussions (Unaudited)	2
Hartford Series Fund, Inc. Financial Statements:
Schedule of Investments as of June 30, 2013 (Unaudited):
American Funds Asset Allocation HLS Fund	13
American Funds Blue Chip Income and Growth HLS Fund	13
American Funds Bond HLS Fund	14
American Funds Global Bond HLS Fund	14
American Funds Global Growth and Income HLS Fund	15
American Funds Global Growth HLS Fund	15
American Funds Global Small Capitalization HLS Fund	16
American Funds Growth HLS Fund	16
American Funds Growth-Income HLS Fund	17
American Funds International HLS Fund	17
American Funds New World HLS Fund	18
Statements of Assets and Liabilities as of June 30, 2013 (Unaudited)	20
Statements of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	22
Statements of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	24
Notes to Financial Statements (Unaudited)	28
Financial Highlights (Unaudited)	36
Directors and Officers (Unaudited)	40
How to Obtain a Copy of the Funds’ Proxy Voting Policies and Voting Records (Unaudited)	42
Quarterly Portfolio Holdings Information (Unaudited)	42
Expense Example (Unaudited)	43
Principal Risks (Unaudited)	44

This report is prepared for the general information of contract owners and is not an offer of contracts. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent product information including the applicable sales, administrative and other charges.

American Funds Asset Allocation HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks high total return (including income and capital gains) consistent with preservation of capital over the long term.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		Since Inception▲
American Funds Asset Allocation HLS Fund IB		10.11%		18.37%		6.06%		5.29%
Barclays U.S. Aggregate Bond Index		-2.44%		-0.69%		5.19%		4.85%
S&P 500 Index		13.82%		20.58%		7.00%		5.23%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Barclays U.S. Aggregate Bond Index represents the U.S. investment-grade fixed-rate bond market. This index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

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.

As of the Fund’s current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 0.86% and the gross total annual operating expense ratio for Class IB shares was 1.26%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Asset Allocation HLS Fund returned 10.11% for the six-month period ended June 30, 2013, versus the returns of 13.82% for the S&P 500 Index and -2.44% for the Barclays U.S. Aggregate Bond Index. The Fund outperformed the 6.60% average return of the Lipper Mixed Asset Target Allocation Growth Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Asset Allocation HLS Fund is directly related to the performance of the American Funds Insurance Series – Asset Allocation Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Asset Allocation Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Asset Allocation HLS Fund’s financial statements.

2

American Funds Blue Chip Income and Growth HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks to produce income exceeding the average yield on U.S. stocks generally and to provide an opportunity for growth of principal consistent with sound common stock investing.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Blue Chip Income and Growth HLS Fund IB		14.29%		19.79%		6.47%		4.13%
S&P 500 Index		13.82%		20.58%		7.00%		5.23%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 1.00% and the gross total annual operating expense ratio for Class IB shares was 1.50%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Blue Chip Income and Growth HLS Fund returned 14.29% for the six-month period ended June 30, 2013, versus the return of 13.82% for the S&P 500 Index. The Fund outperformed the 13.60% average return of the Lipper Large-Cap Core Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Blue Chip Income and Growth HLS Fund is directly related to the performance of the American Funds Insurance Series – Blue Chip Income and Growth Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Blue Chip Income and Growth Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Blue Chip Income and Growth HLS Fund’s financial statements.

3

American Funds Bond HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks to maximize current income and preservation of capital.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Bond HLS Fund IB		-2.74%		-0.74%		3.21%		2.85%
Barclays U.S. Aggregate Bond Index		-2.44%		-0.69%		5.19%		4.85%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Barclays U.S. Aggregate Bond Index represents the U.S. investment-grade fixed-rate bond market. This index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

You cannot invest directly in an index.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 0.93% and the gross total annual operating expense ratio for Class IB shares was 1.18%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Bond HLS Fund returned -2.74% for the six-month period ended June 30, 2013, versus the return of -2.44% for the Barclays U.S. Aggregate Bond Index. The Fund underperformed the -2.55% average return of the Lipper Intermediate Investment Grade Debt Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Bond HLS Fund is directly related to the performance of the American Funds Insurance Series – Bond Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Bond Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Bond HLS Fund’s financial statements.

4

American Funds Global Bond HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks a high level of total return over the long term.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Global Bond HLS Fund IB		-5.22%		-2.34%		3.64%		3.29%
Barclays Global Aggregate Index		-4.82%		-2.18%		3.68%		3.35%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Barclays Global Aggregate Index represents the global investment-grade fixed-income markets. This index is unmanaged and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

You cannot invest directly in an index.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 1.13% and the gross total annual operating expense ratio for Class IB shares was 1.63%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Global Bond HLS Fund returned -5.22% for the six-month period ended June 30, 2013, versus the return of -4.82% for the Barclays Global Aggregate Index. The Fund underperformed the -4.62% average return of the Lipper Global Income Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Global Bond HLS Fund is directly related to the performance of the American Funds Insurance Series – Global Bond Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Global Bond Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Global Bond HLS Fund’s financial statements.

5

American Funds Global Growth and Income HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks growth of capital over time and current income.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Global Growth and Income HLS Fund IB		7.20%		19.10%		3.73%		2.24%
MSCI All Country World Index		6.38%		17.21%		2.86%		1.41%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging markets, consisting of more than 40 developed and emerging market country indices. This index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

You cannot invest directly in an index.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 1.17% and the gross total annual operating expense ratio for Class IB shares was 1.72%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Global Growth and Income HLS Fund returned 7.20% for the six-month period ended June 30, 2013, versus the return of 6.38% for the MSCI All Country World Index. The Fund underperformed the 7.31% average return of the Lipper Global Growth Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Global Growth and Income HLS Fund is directly related to the performance of the American Funds Insurance Series – Global Growth and Income Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Global Growth and Income Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Global Growth and Income HLS Fund’s financial statements.

6

American Funds Global Growth HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks long-term growth of capital.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Global Growth HLS Fund IB		7.29%		20.53%		5.09%		3.66%
MSCI All Country World Index		6.38%		17.21%		2.86%		1.41%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging markets, consisting of more than 40 developed and emerging market country indices. This index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

You cannot invest directly in an index.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 1.14% and the gross total annual operating expense ratio for Class IB shares was 1.89%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Global Growth HLS Fund returned 7.29% for the six-month period ended June 30, 2013, versus the return of 6.38% for the MSCI All Country World Index. The Fund underperformed the 8.05% average return of the Lipper Global Core Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Global Growth HLS Fund is directly related to the performance of the American Funds Insurance Series – Global Growth Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Global Growth Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Global Growth HLS Fund’s financial statements.

7

American Funds Global Small Capitalization HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks growth of capital over time.

Performance Overview 4/30/08 - 6/30/13

 

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Global Small Capitalization HLS Fund IB		8.78%		20.85%		1.44%		0.64%
MSCI All Country World Small Cap Index		9.02%		21.22%		6.79%		5.37%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World Small Cap Index is a free float-adjusted market capitalization-weighted index that is designed to measure equity market performance of smaller capitalization companies in both developed and emerging markets. This index is unmanaged and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

You cannot invest directly in an index.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 1.31% and the gross total annual operating expense ratio for Class IB shares was 1.86%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Global Small Capitalization HLS Fund returned 8.78% for the six-month period ended June 30, 2013, versus the return of 9.02% for the MSCI All Country World Small Cap Index. The Fund outperformed the 7.31% average return of the Lipper Global Growth Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Global Small Capitalization HLS Fund is directly related to the performance of the American Funds Insurance Series – Global Small Capitalization Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Global Small Capitalization Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Global Small Capitalization HLS Fund’s financial statements.

8

American Funds Growth HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks growth of capital.

Performance Overview 4/30/08 - 6/30/13

 

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Growth HLS Fund IB		10.04%		19.74%		4.25%		3.50%
S&P 500 Index		13.82%		20.58%		7.00%		5.23%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 0.89% and the gross total annual operating expense ratio for Class IB shares was 1.39%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Growth HLS Fund returned 10.04% for the six-month period ended June 30, 2013, versus the return of 13.82% for the S&P 500 Index. The Fund underperformed the 10.54% average return of the Lipper Large-Cap Growth Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Growth HLS Fund is directly related to the performance of the American Funds Insurance Series – Growth Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Growth Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Growth HLS Fund’s financial statements.

9

American Funds Growth-Income HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks long-term growth of capital and income over time.

Performance Overview 4/30/08 - 6/30/13

 

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds Growth-Income HLS Fund IB		11.58%		20.72%		5.37%		3.75%
S&P 500 Index		13.82%		20.58%		7.00%		5.23%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 0.83% and the gross total annual operating expense ratio for Class IB shares was 1.28%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds Growth-Income HLS Fund returned 11.58% for the six-month period ended June 30, 2013, versus the return of 13.82% for the S&P 500 Index. The Fund underperformed the 13.60% average return of the Lipper Large-Cap Core Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds Growth-Income HLS Fund is directly related to the performance of the American Funds Insurance Series – Growth-Income Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – Growth-Income Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds Growth-Income HLS Fund’s financial statements.

10

American Funds International HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks long-term growth of capital over time.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds International HLS Fund IB		3.14%		16.28%		0.78%		-0.65%
MSCI All Country World ex USA Index		0.27%		14.14%		-0.34%		-1.64%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World ex USA 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.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 1.08% and the gross total annual operating expense ratio for Class IB shares was 1.68%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds International HLS Fund returned 3.14% for the six-month period ended June 30, 2013, versus the return of 0.27% for the MSCI All Country World ex USA Index. The Fund underperformed the 3.18% average return of the Lipper International Core Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds International HLS Fund is directly related to the performance of the American Funds Insurance Series – International Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – International Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds International HLS Fund’s financial statements.

11

American Funds New World HLS Fund inception 4/30/2008

(advised by Hartford Funds Management Company, LLC)

Investment Goal: Seeks long-term capital appreciation.

Performance Overview 4/30/08 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 years		Since Inception▲
American Funds New World HLS Fund IB		-2.54%		9.51%		1.65%		0.64%
MSCI All Country World Index		6.38%		17.21%		2.86%		1.41%
MSCI Emerging Markets Index		-9.40%		3.23%		-0.11%		-1.76%

† Not Annualized

▲ Inception: 04/30/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging markets, consisting of more than 40 developed and emerging market country indices. This index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

MSCI Emerging Markets Index is a free float-adjusted market capitalization-weighted index that is designed to measure equity market performance in the global emerging markets, consisting of 24 emerging market country indices. This index is unmanaged and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

You cannot invest directly in an index.

As of the Fund's current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 1.35% and the gross total annual operating expense ratio for Class IB shares was 2.20%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect for as long as the Fund is a part of a master-feeder fund structure unless terminated or changed by the Fund or its Board of Directors if the fund structure changes. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

How did the Fund perform?

The Class IB Shares of the American Funds New World HLS Fund returned -2.54% for the six-month period ended June 30, 2013, versus the returns of 6.38% for the MSCI All Country World Index and -9.40% for the MSCI Emerging Markets Index. The Fund outperformed the -8.44% average return of the Lipper Emerging Markets Funds Variable Products-Underlying Funds peer group, a group of funds with investment strategies similar to those of the Fund.

The performance of the American Funds New World HLS Fund is directly related to the performance of the American Funds Insurance Series – New World Fund Class 1, in which the Fund invests. The financial statements of the American Funds Insurance Series – New World Fund Class 1, including the Schedule of Investments, are provided in the accompanying report and should be read in conjunction with the American Funds New World HLS Fund’s financial statements.

12

American Funds Asset Allocation HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	4,030	American Funds Insurance Series - Asset Allocation Fund Class 1			$	81,698
		Total investment companies
		(cost $65,001)			$	81,698
		Total investments
		(cost $65,001) ▲	100.0	%	$	81,698
		Other assets and liabilities	—	%		(12	)
		Total net assets	100.0	%	$	81,686

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $66,832 and the aggregate gross unrealized appreciation and depreciation based on that cost were:   

Unrealized Appreciation	$	14,866
Unrealized Depreciation		—
Net Unrealized Appreciation	$	14,866

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	81,698
Total	$	81,698

American Funds Blue Chip Income and Growth HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	3,757	American Funds Insurance Series -  Blue Chip Income and Growth Fund Class 1			$	43,097
		Total investment companies
		(cost $32,776)			$	43,097
		Total investments
		(cost $32,776) ▲	100.0	%	$	43,097
		Other assets and liabilities	—	%		(11	)
		Total net assets	100.0	%	$	43,086

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $33,775 and the aggregate gross unrealized appreciation and depreciation based on that cost were:   

Unrealized Appreciation	$	9,322
Unrealized Depreciation		—
Net Unrealized Appreciation	$	9,322

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	43,097
Total	$	43,097

The accompanying notes are an integral part of these financial statements.

13

American Funds Bond HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	17,580	American Funds Insurance Series - Bond Fund Class 1			$	190,570
		Total investment companies
		(cost $188,701)			$	190,570
		Total investments
		(cost $188,701) ▲	100.0	%	$	190,570
		Other assets and liabilities	—	%		(31	)
		Total net assets	100.0	%	$	190,539

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $189,538 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,032
Unrealized Depreciation		—
Net Unrealized Appreciation	$	1,032

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	190,570
Total	$	190,570

American Funds Global Bond HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	2,598	American Funds Insurance Series - Global Bond Fund Class 1			$	30,053
		Total investment companies
		(cost $31,125)			$	30,053
		Total investments
		(cost $31,125) ▲	100.0	%	$	30,053
		Other assets and liabilities	—	%		(11	)
		Total net assets	100.0	%	$	30,042

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $31,177 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	—
Unrealized Depreciation		(1,124	)
Net Unrealized Depreciation	$	(1,124	)

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	30,053
Total	$	30,053

The accompanying notes are an integral part of these financial statements. 

14

American Funds Global Growth and Income HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	6,297	American Funds Insurance Series - Global Growth and Income Fund Class 1			$	71,035
		Total investment companies
		(cost $47,979)			$	71,035
		Total investments
		(cost $47,979) ▲	100.0	%	$	71,035
		Other assets and liabilities	—	%		(15	)
		Total net assets	100.0	%	$	71,020

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $49,874 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	21,161
Unrealized Depreciation		—
Net Unrealized Appreciation	$	21,161

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	71,035
Total	$	71,035

American Funds Global Growth HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	1,098	American Funds Insurance Series - Global Growth Fund Class 1			$	27,762
		Total investment companies
		(cost $19,412)			$	27,762
		Total investments
		(cost $19,412) ▲	100.0	%	$	27,762
		Other assets and liabilities	—	%		(9	)
		Total net assets	100.0	%	$	27,753

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $21,003 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	6,759
Unrealized Depreciation		—
Net Unrealized Appreciation	$	6,759

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	27,762
Total	$	27,762

The accompanying notes are an integral part of these financial statements. 

15

American Funds Global Small Capitalization HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	2,488	American Funds Insurance Series - Global Small Capitalization Fund Class 1			$	54,206
		Total investment companies
		(cost $42,583)			$	54,206
		Total investments
		(cost $42,583) ▲	100.0	%	$	54,206
		Other assets and liabilities	—	%		(15	)
		Total net assets	100.0	%	$	54,191

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $44,984 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	9,222
Unrealized Depreciation		—
Net Unrealized Appreciation	$	9,222

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	54,206
Total	$	54,206

American Funds Growth HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	5,235	American Funds Insurance Series - Growth Fund Class 1			$	350,213
		Total investment companies
		(cost $207,882)			$	350,213
		Total investments
		(cost $207,882) ▲	100.0	%	$	350,213
		Other assets and liabilities	—	%		(49	)
		Total net assets	100.0	%	$	350,164

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $217,026 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	133,187
Unrealized Depreciation		—
Net Unrealized Appreciation	$	133,187

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	350,213
Total	$	350,213

The accompanying notes are an integral part of these financial statements. 

16

American Funds Growth-Income HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	4,570	American Funds Insurance Series - Growth-Income Fund Class 1			$	196,071
		Total investment companies
		(cost $127,112)			$	196,071
		Total investments
		(cost $127,112) ▲	100.0	%	$	196,071
		Other assets and liabilities	—	%		(26	)
		Total net assets	100.0	%	$	196,045

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $130,982 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	65,089
Unrealized Depreciation		—
Net Unrealized Appreciation	$	65,089

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	196,071
Total	$	196,071

American Funds International HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	12,021	American Funds Insurance Series - International Fund Class 1			$	218,908
		Total investment companies
		(cost $179,088)			$	218,908
		Total investments
		(cost $179,088) ▲	100.0	%	$	218,908
		Other assets and liabilities	—	%		(37	)
		Total net assets	100.0	%	$	218,871

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $185,117 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	33,791
Unrealized Depreciation		—
Net Unrealized Appreciation	$	33,791

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	218,908
Total	$	218,908

The accompanying notes are an integral part of these financial statements. 

17

American Funds New World HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares					Market Value ╪
INVESTMENT COMPANIES - 100.0%
	1,962	American Funds Insurance Series - New World Fund Class 1			$	43,610
		Total investment companies
		(cost $38,892)			$	43,610
		Total investments
		(cost $38,892) ▲	100.0	%	$	43,610
		Other assets and liabilities	—	%		(14	)
		Total net assets	100.0	%	$	43,596

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $40,917 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	2,693
Unrealized Depreciation		—
Net Unrealized Appreciation	$	2,693

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

At June 30, 2013, the investment valuation hierarchy levels were:
Assets:
Investment in Securities - Level 1	$	43,610
Total	$	43,610

The accompanying notes are an integral part of these financial statements. 

18

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19

Hartford Series Fund, Inc.

Statements of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

	American Funds Asset Allocation HLS Fund		American Funds Blue Chip Income and Growth HLS Fund		American Funds Bond HLS Fund
Assets:
Investments in underlying funds, at market value @	$	81,698	$	43,097	$	190,570
Receivables:
Investment securities sold		—		—		2,309
Fund shares sold		12,058		19		316
Other assets		5		4		8
Total assets		93,761		43,120		193,203
Liabilities:
Payables:
Investment securities purchased		12,042		13		—
Fund shares redeemed		14		5		2,619
Investment management fees		7		5		16
Distribution fees		3		2		8
Accrued expenses		9		9		21
Total liabilities		12,075		34		2,664
Net assets	$	81,686	$	43,086	$	190,539
Summary of Net Assets:
Capital stock and paid-in-capital	$	58,376	$	27,676	$	174,352
Undistributed net investment income		1,127		692		4,607
Accumulated net realized gain		5,486		4,397		9,711
Unrealized appreciation (depreciation) of investments		16,697		10,321		1,869
Net assets	$	81,686	$	43,086	$	190,539
Shares authorized		200,000		200,000		200,000
Par value	$	0.001	$	0.001	$	0.001
Class IB: Net asset value per share	$	12.16	$	11.55	$	10.23
Shares outstanding		6,719		3,729		18,626
Net assets	$	81,686	$	43,086	$	190,539
@ Cost of underlying funds	$	65,001	$	32,776	$	188,701

The accompanying notes are an integral part of these financial statements. 

20

American Funds Global Bond HLS Fund			American Funds Global Growth and Income HLS Fund		American Funds Global Growth HLS Fund		American Funds Global Small Capitalization HLS Fund		American Funds Growth HLS Fund		American Funds Growth-Income HLS Fund		American Funds International HLS Fund		American Funds New World HLS Fund
$	30,053		$	71,035	$	27,762	$	54,206	$	350,213	$	196,071	$	218,908	$	43,610
	85			148		—		—		78		—		253		138
	8			11		12		160		302		116		24		17
	3			6		4		5		29		15		21		6
	30,149			71,200		27,778		54,371		350,622		196,202		219,206		43,771
	—			—		10		42		—		36		—		—
	93			157		1		117		370		74		271		154
	4			9		5		7		43		23		30		8
	1			3		1		2		14		8		9		2
	9			11		8		12		31		16		25		11
	107			180		25		180		458		157		335		175
$	30,042		$	71,020	$	27,753	$	54,191	$	350,164	$	196,045	$	218,871	$	43,596
$	27,274		$	42,994	$	17,292	$	35,363	$	193,221	$	120,542	$	171,590	$	32,033
	785			1,856		166		906		2,283		2,510		2,847		345
	3,055			3,114		1,945		6,299		12,329		4,034		4,614		6,500
	(1,072	)		23,056		8,350		11,623		142,331		68,959		39,820		4,718
$	30,042		$	71,020	$	27,753	$	54,191	$	350,164	$	196,045	$	218,871	$	43,596
	200,000			200,000		200,000		200,000		200,000		200,000		200,000		200,000
$	0.001		$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001	$	0.001
$	10.52		$	10.27	$	11.22	$	9.01	$	11.50	$	11.38	$	9.01	$	9.22
	2,855			6,917		2,474		6,012		30,439		17,224		24,303		4,728
$	30,042		$	71,020	$	27,753	$	54,191	$	350,164	$	196,045	$	218,871	$	43,596
$	31,125		$	47,979	$	19,412	$	42,583	$	207,882	$	127,112	$	179,088	$	38,892

The accompanying notes are an integral part of these financial statements.

21

Hartford Series Fund, Inc.

Statements of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

	American Funds Asset Allocation HLS Fund			American Funds Blue Chip Income and Growth HLS Fund			American Funds Bond HLS Fund
Investment Income:
Dividends from underlying funds	$	274		$	185		$	817
Total investment income		274			185			817
Expenses:
Investment management fees		226			162			486
Distribution fees - Class IB		87			54			243
Custodian fees		—			—			—
Accounting services fees		3			2			10
Board of Directors' fees		1			1			3
Audit fees		5			5			6
Other expenses		6			5			19
Total expenses (before waivers)		328			229			767
Expense waivers		(139	)		(108	)		(243	)
Total waivers		(139	)		(108	)		(243	)
Total expenses, net		189			121			524
Net Investment Income (Loss)		85			64			293
Net Realized Gain on Investments:
Capital gain distribution received from underlying funds		—			—			2,112
Net realized gain on investments in underlying funds		2,814			2,594			2,440
Net Realized Gain on Investments		2,814			2,594			4,552
Net Changes in Unrealized Appreciation of Investments:
Net unrealized appreciation (depreciation) of investments in underlying funds		3,699			2,997			(10,190	)
Net Gain (Loss) on Investments		6,513			5,591			(5,638	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	6,598		$	5,655		$	(5,345	)

The accompanying notes are an integral part of these financial statements. 

22

American Funds Global Bond HLS Fund			American Funds Global Growth and Income HLS Fund			American Funds Global Growth HLS Fund			American Funds Global Small Capitalization HLS Fund			American Funds Growth HLS Fund			American Funds Growth-Income HLS Fund			American Funds International HLS Fund			American Funds New World HLS Fund
$	—		$	466		$	103		$	502		$	1,531		$	691		$	915		$	159
	—			466			103			502			1,531			691			915			159
	133			302			146			222			1,304			679			957			270
	45			94			36			69			435			243			282			61
	—			—			—			—			—			—			—			—
	2			4			1			3			17			10			11			3
	1			1			1			1			5			2			3			1
	5			5			5			5			6			6			6			5
	5			8			4			8			35			16			27			8
	191			414			193			308			1,802			956			1,286			348
	(89	)		(207	)		(109	)		(152	)		(869	)		(437	)		(675	)		(209	)
	(89	)		(207	)		(109	)		(152	)		(869	)		(437	)		(675	)		(209	)
	102			207			84			156			933			519			611			139
	(102	)		259			19			346			598			172			304			20
	397			—			—			—			—			—			—			214
	990			4,022			1,797			3,107			10,725			5,544			6,411			3,405
	1,387			4,022			1,797			3,107			10,725			5,544			6,411			3,619
	(3,147	)		1,040			254			1,272			21,886			15,415			510			(4,783	)
	(1,760	)		5,062			2,051			4,379			32,611			20,959			6,921			(1,164	)
$	(1,862	)	$	5,321		$	2,070		$	4,725		$	33,209		$	21,131		$	7,225		$	(1,144	)

The accompanying notes are an integral part of these financial statements.

23

Hartford Series Fund, Inc.

Statements of Changes in Net Assets

(000’s Omitted)

	American Funds Asset Allocation HLS Fund						American Funds Blue Chip Income and Growth HLS Fund
	For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012			For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income (loss)	$	85		$	1,042		$	64		$	628
Net realized gain on investments		2,814			4,503			2,594			2,809
Net unrealized appreciation (depreciation) of investments		3,699			4,256			2,997			1,230
Net Increase (Decrease) in Net assets Resulting from Operations		6,598			9,801			5,655			4,667
Distributions to Shareholders:
From net investment income
Class IB		—			(1,026	)		—			(467	)
From net realized gain on investments
Class IB		—			(140	)		—			(266	)
Total distributions		—			(1,166	)		—			(733	)
Capital Share Transactions:
Class IB
Sold		19,163			10,741			5,233			14,324
Issued on reinvestment of distributions		—			1,166			—			733
Redeemed		(8,691	)		(20,282	)		(7,722	)		(11,496	)
Net increase (decrease) from capital share transactions		10,472			(8,375	)		(2,489	)		3,561
Net increase (decrease) in net assets		17,070			260			3,166			7,495
Net Assets:
Beginning of period		64,616			64,356			39,920			32,425
End of period	$	81,686		$	64,616		$	43,086		$	39,920
Undistributed (distribution in excess of) net investment income	$	1,127		$	1,042		$	692		$	628
Shares:
Class IB
Sold		1,593			1,021			464			1,460
Issued on reinvestment of distributions		—			109			—			73
Redeemed		(726	)		(1,912	)		(684	)		(1,160	)
Total share activity		867			(782	)		(220	)		373

The accompanying notes are an integral part of these financial statements.

24

American Funds Bond HLS Fund						American Funds Global Bond HLS Fund						American Funds Global Growth and Income HLS Fund						American Funds Global Growth HLS Fund
For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012			For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012			For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012			For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
$	293		$	4,314		$	(102	)	$	706		$	259		$	1,598		$	19		$	147
	4,552			6,087			1,387			2,000			4,022			2,782			1,797			1,741
	(10,190	)		(428	)		(3,147	)		(311	)		1,040			7,964			254			4,172
	(5,345	)		9,973			(1,862	)		2,395			5,321			12,344			2,070			6,060
	—			(5,360	)		—			(1,092	)		—			(1,976	)		—			(313	)
	—			(4,400	)		—			(825	)		—			—			—			(324	)
	—			(9,760	)		—			(1,917	)		—			(1,976	)		—			(637	)
	19,721			33,978			2,061			3,834			1,697			4,117			1,387			2,125
	—			9,760			—			1,917			—			1,976			—			637
	(22,845	)		(43,146	)		(8,350	)		(12,388	)		(10,925	)		(20,173	)		(4,759	)		(8,449	)
	(3,124	)		592			(6,289	)		(6,637	)		(9,228	)		(14,080	)		(3,372	)		(5,687	)
	(8,469	)		805			(8,151	)		(6,159	)		(3,907	)		(3,712	)		(1,302	)		(264	)
	199,008			198,203			38,193			44,352			74,927			78,639			29,055			29,319
$	190,539		$	199,008		$	30,042		$	38,193		$	71,020		$	74,927		$	27,753		$	29,055
$	4,607		$	4,314		$	785		$	887		$	1,856		$	1,597		$	166		$	147
	1,892			3,188			188			342			168			452			125			219
	—			943			—			177			—			221			—			65
	(2,186	)		(4,046	)		(773	)		(1,105	)		(1,074	)		(2,235	)		(430	)		(861	)
	(294	)		85			(585	)		(586	)		(906	)		(1,562	)		(305	)		(577	)

The accompanying notes are an integral part of these financial statements.

25

Hartford Series Fund, Inc.

Statements of Changes in Net Assets – (continued)

(000’s Omitted)

	American Funds Global Small Capitalization HLS Fund						American Funds Growth HLS Fund
	For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012			For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	346		$	560		$	598		$	1,686
Net realized gain on investments		3,107			5,606			10,725			10,749
Net unrealized appreciation (depreciation) of investments		1,272			3,066			21,886			41,625
Net Increase (Decrease) in Net assets Resulting from Operations		4,725			9,232			33,209			54,060
Distributions to Shareholders:
From net investment income
Class IB		—			(648	)		—			(1,117	)
From net realized gain on investments
Class IB		—			(4,957	)		—			(975	)
Total distributions		—			(5,605	)		—			(2,092	)
Capital Share Transactions:
Class IB
Sold		2,789			3,154			18,955			33,586
Issued on reinvestment of distributions		—			5,605			—			2,092
Redeemed		(7,204	)		(14,163	)		(35,889	)		(71,725	)
Net decrease from capital share transactions		(4,415	)		(5,404	)		(16,934	)		(36,047	)
Net increase (decrease) in net assets		310			(1,777	)		16,275			15,921
Net Assets:
Beginning of period		53,881			55,658			333,889			317,968
End of period	$	54,191		$	53,881		$	350,164		$	333,889
Undistributed (distribution in excess of) net investment income	$	906		$	560		$	2,283		$	1,685
Shares:
Class IB
Sold		310			379			1,690			3,394
Issued on reinvestment of distributions		—			731			—			210
Redeemed		(801	)		(1,717	)		(3,188	)		(7,202	)
Total share activity		(491	)		(607	)		(1,498	)		(3,598	)

The accompanying notes are an integral part of these financial statements.

26

American Funds Growth-Income HLS Fund						American Funds International HLS Fund						American Funds New World HLS Fund
For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012			For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012			For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
$	172		$	2,338		$	304		$	2,543		$	20		$	325
	5,544			3,072			6,411			4,308			3,619			4,944
	15,415			22,943			510			28,881			(4,783	)		3,202
	21,131			28,353			7,225			35,732			(1,144	)		8,471
	—			(2,243	)		—			(3,474	)		—			(835	)
	—			—			—			—			—			(2,795	)
	—			(2,243	)		—			(3,474	)		—			(3,630	)
	14,580			25,921			10,163			20,802			2,469			6,030
	—			2,243			—			3,474			—			3,630
	(22,886	)		(41,113	)		(23,815	)		(39,635	)		(9,426	)		(15,373	)
	(8,306	)		(12,949	)		(13,652	)		(15,359	)		(6,957	)		(5,713	)
	12,825			13,161			(6,427	)		16,899			(8,101	)		(872	)
	183,220			170,059			225,298			208,399			51,697			52,569
$	196,045		$	183,220		$	218,871		$	225,298		$	43,596		$	51,697
$	2,510		$	2,338		$	2,847		$	2,543		$	345		$	325
	1,316			2,678			1,122			2,601			259			658
	—			226			—			432			—			417
	(2,054	)		(4,240	)		(2,622	)		(4,853	)		(995	)		(1,684	)
	(738	)		(1,336	)		(1,500	)		(1,820	)		(736	)		(609	)

The accompanying notes are an integral part of these financial statements.

27

Hartford Series Fund, Inc.

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

The Hartford HLS Funds serve as underlying investment options for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. Certain Hartford HLS Funds may also serve as underlying investment options for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the funds if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end management investment company comprised of thirty portfolios, eleven portfolios of which are included in these financial statements (each a “Fund” or together the “Funds”). These eleven portfolios of the Company are American Funds Asset Allocation HLS Fund, American Funds Blue Chip Income and Growth HLS Fund, American Funds Bond HLS Fund, American Funds Global Bond HLS Fund, American Funds Global Growth and Income HLS Fund, American Funds Global Growth HLS Fund, American Funds Global Small Capitalization HLS Fund, American Funds Growth HLS Fund, American Funds Growth-Income HLS Fund, American Funds International HLS Fund and American Funds New World HLS Fund.

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”). Each Fund is organized as a diversified open-end management investment company, except for American Funds Global Bond HLS Fund, which is non-diversified.

Each Fund operates in the manner of a fund of funds, investing in shares of underlying mutual funds (the “Underlying Funds”). Each Underlying Fund is offered by American Funds Insurance Series, and is a registered open-end investment company. The Funds and their related Underlying Funds are listed below:

Fund	Underlying Fund
American Funds Asset Allocation HLS Fund	Asset Allocation Fund Class 1
American Funds Blue Chip Income and Growth HLS Fund	Blue Chip Income and Growth Fund Class 1
American Funds Bond HLS Fund	Bond Fund Class 1
American Funds Global Bond HLS Fund	Global Bond Fund Class 1
American Funds Global Growth and Income HLS Fund	Global Growth and Income Fund Class 1
American Funds Global Growth HLS Fund	Global Growth Fund Class 1
American Funds Global Small Capitalization HLS Fund	Global Small Capitalization Fund Class 1
American Funds Growth HLS Fund	Growth Fund Class 1
American Funds Growth-Income HLS Fund	Growth-Income Fund Class 1
American Funds International HLS Fund	International Fund Class 1
American Funds New World HLS Fund	New World Fund Class 1

The Underlying Funds’ accounting policies are outlined in the Underlying Funds’ shareholder report, which accompanies this report.

Class IB shares of the Funds are offered at the per share net asset value (“NAV”) without a sales charge and are subject to distribution fees charged pursuant to a Distribution and Service Plan. The Distribution and Service Plan has been adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Funds in the preparation of their financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that

28

affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Funds’ shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Funds after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation – Investments in the Underlying Funds are valued at the respective NAV of each Underlying Fund as determined as of the NYSE Close on Valuation Date. Valuation of investments held by the Underlying Funds is discussed in Notes to Financial Statements of the Underlying Funds, which are included in the Underlying Funds’ shareholder report, accompanying this report.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of each Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation.

Valuation levels are not necessarily indicative of the risk associated with investing in such securities. Individual securities within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

During the six-month period ended June 30, 2013, the Funds held no Level 3 securities, therefore no reconciliations of Level 3 securities are presented.

For additional information, refer to the investment valuation hierarchy level summary which follows the Schedule of Investments for each Fund.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. During the six-month period ended June 30, 2013, there were no transfers between different hierarchy levels.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Realized gains and losses are determined on the basis of identified cost.

Income and capital gain distributions from the Underlying Funds are accrued on the ex-dividend date.

d) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Funds’ shares are executed in accordance with the investment instructions of the contract holders. The NAV of each Fund’s shares is determined as of

29

Hartford Series Fund, Inc.

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

the close of each business day of the Exchange. The NAV is determined for each Fund by dividing the Fund’s net assets by the number of shares outstanding. Orders for the purchase of a Fund’s shares received by an insurance company 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 received by an insurance company 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.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Funds. The policy of all the Funds is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

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 may include but are not limited to losses deferred due to wash sale adjustments and short-term capital gain adjustments. Permanent book and federal income tax basis differences relating to shareholder distributions will result in reclassifications to certain of the Funds’ capital accounts (see Federal Income Taxes: Reclassification of Capital Accounts note).

3. Principal Risks:

a) Market Risks – The Funds are exposed to the risks of the Underlying Funds in direct proportion to the amount of assets each Fund allocates to each Underlying Fund. The market values of the Underlying Funds may decline due to general market conditions which are not specifically related to a particular fund, such as real or perceived adverse economic conditions or adverse investor sentiment generally.

4. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Funds intend to continue to qualify as Regulated Investment Companies (“RIC”) 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 the IRC. The Funds have distributed substantially all of their income and capital gains in the prior year and each Fund intends to distribute substantially all of its income and gains prior to the next fiscal year end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments and short-term capital gain adjustments. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the net investment income (loss) or net realized gains (losses) were recorded by a Fund.

30

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Funds for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012						For the Year Ended December 31, 2011
	Ordinary Income		Long- Term Capital Gains(a)		Tax return of capital		Ordinary Income		Long- Term Capital Gains(a)		Tax return of capital
American Funds Asset Allocation HLS Fund	$	1,026	$	140	$	—	$	863	$	5	$	—
American Funds Blue Chip Income and Growth HLS Fund		467		266		—		8		—		—
American Funds Bond HLS Fund		5,360		4,400		—		5,572		62		—
American Funds Global Bond HLS Fund		1,092		825		—		962		316		—
American Funds Global Growth and Income HLS Fund		1,976		—		—		1,921		—		—
American Funds Global Growth HLS Fund		313		324		—		363		—		—
American Funds Global Small Capitalization HLS Fund		648		4,957		—		866		360		—
American Funds Growth HLS Fund		1,117		975		—		10		—		—
American Funds Growth-Income HLS Fund		2,243		—		—		2		—		—
American Funds International HLS Fund		3,474		—		—		3,792		—		—
American Funds New World HLS Fund		835		2,795		—		797		—		—

(a)  The Funds designate these distributions as long-term capital dividends per IRC code Sec. 852(b) (3) (C).

As of December 31, 2012, the components of distributable earnings (deficit) on a tax basis were as follows:

	Undistributed Ordinary Income		Undistributed Long-Term Capital Gain		Accumulated Capital and Other Losses		Unrealized Appreciation (Depreciation)@		Total Accumulated Earnings (Deficit)
American Funds Asset Allocation HLS Fund	$	1,042	$	4,503	$	–	$	11,167	$	16,712
American Funds Blue Chip Income and Growth HLS Fund		628		2,802		–		6,325		9,755
American Funds Bond HLS Fund		4,314		5,996		–		11,222		21,532
American Funds Global Bond HLS Fund		887		1,720		–		2,023		4,630
American Funds Global Growth and Income HLS Fund		1,597		987		–		20,121		22,705
American Funds Global Growth HLS Fund		147		1,739		–		6,505		8,391
American Funds Global Small Capitalization HLS Fund		560		5,593		–		7,950		14,103
American Funds Growth HLS Fund		1,685		10,748		–		111,301		123,734
American Funds Growth-Income HLS Fund		2,338		2,360		–		49,674		54,372
American Funds International HLS Fund		2,543		4,232		–		33,281		40,056
American Funds New World HLS Fund		324		4,907		–		7,476		12,707

@  The difference between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to the tax deferral of wash sale losses.

d) Reclassification of Capital Accounts – The Funds may record reclassifications in their capital accounts. These reclassifications have no impact on the total net assets of the Funds. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for items such 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 distributable income may be shown in the accompanying Statement of

31

Hartford Series Fund, Inc.

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets and Liabilities 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 December 31, 2012, the Funds recorded the following reclassifications to increase (decrease) the accounts listed below.

	Net Investment Income		Net Realized Gain (Loss)			Paid-in- Capital
American Funds Global Bond HLS Fund	$	182	$	(182	)	$	–

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

The Funds had no capital loss carryforward for U.S. federal income tax purposes as of December 31, 2012.

During the year ended December 31, 2012, the following Funds utilized prior year capital loss carryforwards:

	Amount
American Funds Global Growth and Income HLS Fund	$	1,801
American Funds Growth-Income HLS Fund		782
American Funds International HLS Fund		304

f) Accounting for Uncertainty in Income Taxes – The Funds have adopted financial reporting rules that require the Funds to analyze all open tax years, as defined by the Statute of Limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Funds do not have an examination in progress.

The Funds have reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules have no effect on the Funds’ financial positions or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax returns for the fiscal year-end December 31, 2012. The Funds are also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

5. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Funds pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for each Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Funds.

32

The schedule below reflects the rates of compensation as a percentage of each Fund’s average daily net assets paid to the investment manager for investment management services rendered during the six-month period ended June 30, 2013. The rates are accrued daily and paid monthly:

Fund	Annual Rate*
American Funds Asset Allocation HLS Fund		0.65	%
American Funds Blue Chip Income and Growth HLS Fund		0.75	%
American Funds Bond HLS Fund		0.50	%
American Funds Global Bond HLS Fund		0.75	%
American Funds Global Growth and Income HLS Fund		0.80	%
American Funds Global Growth HLS Fund		1.00	%
American Funds Global Small Capitalization HLS Fund		0.80	%
American Funds Growth HLS Fund		0.75	%
American Funds Growth-Income HLS Fund		0.70	%
American Funds International HLS Fund		0.85	%
American Funds New World HLS Fund		1.10	%

* The investment manager has entered into an agreement under which it will waive a portion of its investment management fee with respect to each Fund for as long as that Fund is invested in its corresponding Underlying Fund. The net investment management fee under the agreement with the investment manager, after giving effect to the waiver, is 0.25% of the average daily net assets for each Fund.

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Funds, HFMC provides accounting services to the Funds and receives monthly compensation of 0.01% of each Fund’s average daily net assets. These fees are accrued daily and paid monthly.

c) Other Related Party Transactions – Certain officers of the Funds are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Funds’ Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Funds was in the amount of $1. These fees are accrued daily and paid monthly.

d) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund in proportion to the average daily net assets of each Fund, except where allocation of certain expenses is more fairly made directly to the Fund.

e) Distribution Plan for Class IB shares – Hartford Funds Distributors, LLC (“HFD”) (formerly known as Hartford Investment Financial Services, LLC), a wholly owned, ultimate subsidiary of The Hartford, serves as the Funds’ principal underwriter and distributor. The Company, on behalf of the Funds, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, HFD, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that each Fund may pay annually up to 0.25% of the average daily net assets of each Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, each Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

33

Hartford Series Fund, Inc.

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

6. Investment Transactions:

For the six-month period ended June 30, 2013, aggregate purchases and sales of investments in underlying funds (excluding short-term investments) were as follows:

	Cost of Purchases Excluding U.S. Government Obligations		Sales Proceeds Excluding U.S. Government Obligations
American Funds Asset Allocation HLS Fund	$	17,579	$	7,021
American Funds Blue Chip Income and Growth HLS Fund		3,212		5,634
American Funds Bond HLS Fund		17,825		18,541
American Funds Global Bond HLS Fund		1,635		7,626
American Funds Global Growth and Income HLS Fund		880		9,847
American Funds Global Growth HLS Fund		562		3,913
American Funds Global Small Capitalization HLS Fund		1,856		5,920
American Funds Growth HLS Fund		6,293		22,624
American Funds Growth-Income HLS Fund		5,798		13,931
American Funds International HLS Fund		4,596		17,938
American Funds New World HLS Fund		1,222		7,940

7. Line of Credit:

The Funds, along with several other Hartford funds, participate in a $500 million committed revolving line of credit facility. The facility is to be used for temporary or emergency purposes. Under the arrangement, a 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. This commitment fee is allocated to all the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Funds did not have any borrowings under this facility.

8. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. In addition, the Company, on behalf of the Funds, may enter into contracts that contain a variety of indemnifications. The Company’s maximum exposure under these arrangements is unknown. However, as of the date of these financial statements the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

9. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed

34

without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

35

Hartford Series Fund, Inc.

Financial Highlights

	─ Selected Per-Share Data(A) ─																					─ Ratios and Supplemental Data ─
Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Total Distributions			Net Asset Value at End of Period		Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income to Average Net Assets(C)			Portfolio Turnover Rate
American Funds Asset Allocation HLS Fund
For the Six-Month Period Ended June 30, 2013(D) (Unaudited)
IB	$	11.04	$	0.01	$	1.11		$	1.12		$	–		$	–		$	–		$	12.16		10.11	%(E)	$	81,686		0.95	%(F)		0.55	%(F)		0.24	%(F)		10	%
For the Year Ended December 31, 2012
IB		9.70		0.19		1.34			1.53			(0.17	)		(0.02	)		(0.19	)		11.04		15.80			64,616		0.95			0.55			1.56			14
For the Year Ended December 31, 2011
IB		9.74		0.14		(0.05	)		0.09			(0.13	)		–			(0.13	)		9.70		1.02			64,356		0.95			0.55			1.61			9
For the Year Ended December 31, 2010
IB		8.85		0.14		0.91			1.05			(0.16	)		–			(0.16	)		9.74		12.13			58,326		0.95			0.55			1.73			11
For the Year Ended December 31, 2009(D)
IB		7.31		0.18		1.53			1.71			(0.14	)		(0.03	)		(0.17	)		8.85		23.59			48,568		0.95			0.55			2.33			8
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.19		(2.88	)		(2.69	)		–			–			–			7.31		(26.88	)(E)		26,312		0.99	(F)		0.59	(F)		8.02	(F)		–
American Funds Blue Chip Income and Growth HLS Fund
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB		10.11		0.03		1.41			1.44			–			–			–			11.55		14.29	(E)		43,086		1.06	(F)		0.56	(F)		0.30	(F)		7
For the Year Ended December 31, 2012
IB		9.07		0.15		1.07			1.22			(0.12	)		(0.06	)		(0.18	)		10.11		13.53			39,920		1.07			0.57			1.67			23
For the Year Ended December 31, 2011
IB		9.18		0.13		(0.24	)		(0.11	)		–			–			–			9.07		(1.19	)		32,425		1.07			0.57			1.44			14
For the Year Ended December 31, 2010
IB		8.44		0.12		0.86			0.98			(0.24	)		–			(0.24	)		9.18		11.98			34,030		1.07			0.57			1.48			11
For the Year Ended December 31, 2009(D)
IB		6.74		0.15		1.68			1.83			(0.09	)		(0.04	)		(0.13	)		8.44		27.46			29,030		1.07			0.57			2.06			6
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.14		(3.40	)		(3.26	)		–			–			–			6.74		(32.64	)(E)		13,182		1.17	(F)		0.67	(F)		6.79	(F)		3
American Funds Bond HLS Fund
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB		10.52		0.02		(0.31	)		(0.29	)		–			–			–			10.23		(2.74	)(E)		190,539		0.79	(F)		0.54	(F)		0.30	(F)		9
For the Year Ended December 31, 2012
IB		10.52		0.23		0.29			0.52			(0.29	)		(0.23	)		(0.52	)		10.52		5.01			199,008		0.79			0.54			2.13			15
For the Year Ended December 31, 2011
IB		10.21		0.29		0.30			0.59			(0.28	)		–			(0.28	)		10.52		5.84			198,203		0.79			0.54			2.57			15
For the Year Ended December 31, 2010
IB		9.84		0.26		0.35			0.61			(0.24	)		–			(0.24	)		10.21		6.15			206,360		0.80			0.55			2.75			13
For the Year Ended December 31, 2009(D)
IB		8.98		0.35		0.74			1.09			(0.23	)		–			(0.23	)		9.84		12.23			181,550		0.78			0.53			3.75			2
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.44		(1.46	)		(1.02	)		–			–			–			8.98		(10.21	)(E)		67,597		0.80	(F)		0.55	(F)		16.32	(F)		5

36

Hartford Series Fund, Inc.

Financial Highlights – (continued)

	─ Selected Per-Share Data(A) ─																						─ Ratios and Supplemental Data ─
Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)			Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Total Distributions			Net Asset Value at End of Period		Total Return(B)			Net Assets  at End of Period		Ratio of Expenses to Average  Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income to Average Net Assets(C)			Portfolio Turnover Rate
American Funds Global Bond HLS Fund
For the Six-Month Period Ended June 30, 2013(D) (Unaudited)
IB	$	11.10	$	(0.03	)	$	(0.55	)	$	(0.58	)	$	–		$	–		$	–		$	10.52		(5.22	)%(E)	$	30,042		1.07	%(F)		0.57	%(F)		(0.57	)%(F)		5	%
For the Year Ended December 31, 2012
IB		11.02		0.24			0.38			0.62			(0.31	)		(0.23	)		(0.54	)		11.10		5.83			38,193		1.07			0.57			1.69			8
For the Year Ended December 31, 2011
IB		10.86		0.23			0.24			0.47			(0.23	)		(0.08	)		(0.31	)		11.02		4.28			44,352		1.06			0.56			2.56			16
For the Year Ended December 31, 2010
IB		10.47		0.27			0.24			0.51			(0.11	)		(0.01	)		(0.12	)		10.86		4.85			38,654		1.07			0.57			2.49			17
For the Year Ended December 31, 2009(D)
IB		9.85		0.13			0.79			0.92			(0.30	)		–			(0.30	)		10.47		9.43			38,533		1.06			0.56			1.29			5
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.42			(0.57	)		(0.15	)		–			–			–			9.85		(1.51	)(E)		22,386		1.10	(F)		0.60	(F)		13.11	(F)		42
American Funds Global Growth and Income HLS Fund
For the Six-Month Period Ended June 30, 2013(D) (Unaudited)
IB		9.58		0.03			0.66			0.69			–			–			–			10.27		7.20	(E)		71,020		1.10	(F)		0.55	(F)		0.69	(F)		1
For the Year Ended December 31, 2012
IB		8.38		0.23			1.20			1.43			(0.23	)		–			(0.23	)		9.58		17.30			74,927		1.10			0.55			2.05			5
For the Year Ended December 31, 2011
IB		9.06		0.22			(0.70	)		(0.48	)		(0.20	)		–			(0.20	)		8.38		(5.19	)		78,639		1.09			0.54			2.30			5
For the Year Ended December 31, 2010
IB		8.30		0.20			0.72			0.92			(0.16	)		–			(0.16	)		9.06		11.41			91,254		1.10			0.55			2.25			8
For the Year Ended December 31, 2009(D)
IB		6.06		0.16			2.21			2.37			(0.13	)		–			(0.13	)		8.30		39.37			88,762		1.09			0.54			2.39			3
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.17			(4.11	)		(3.94	)		–			–			–			6.06		(39.43	)(E)		44,065		1.11	(F)		0.56	(F)		8.24	(F)		–
American Funds Global Growth HLS Fund
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB		10.45		0.01			0.76			0.77			–			–			–			11.22		7.29	(E)		27,753		1.33	(F)		0.58	(F)		0.13	(F)		2
For the Year Ended December 31, 2012
IB		8.74		0.06			1.86			1.92			(0.10	)		(0.11	)		(0.21	)		10.45		22.19			29,055		1.33			0.58			0.48			4
For the Year Ended December 31, 2011
IB		9.74		0.10			(0.99	)		(0.89	)		(0.11	)		–			(0.11	)		8.74		(9.18	)		29,319		1.32			0.57			0.95			11
For the Year Ended December 31, 2010
IB		8.83		0.10			0.89			0.99			(0.08	)		–			(0.08	)		9.74		11.41			34,245		1.32			0.57			1.17			11
For the Year Ended December 31, 2009(D)
IB		6.40		0.09			2.57			2.66			(0.12	)		(0.11	)		(0.23	)		8.83		41.78			30,457		1.32			0.57			1.24			12
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.15			(3.75	)		(3.60	)		–			–			–			6.40		(35.95	)(E)		15,490		1.37	(F)		0.62	(F)		5.68	(F)		–

37

Hartford Series Fund, Inc.

Financial Highlights – (continued)

	─ Selected Per-Share Data(A) ─																						─ Ratios and Supplemental Data ─
Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)			Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Total Distributions			Net Asset Value at End of Period		Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average  Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income to Average Net Assets(C)			Portfolio Turnover Rate
American Funds Global Small Capitalization HLS Fund
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB	$	8.29	$	0.06		$	0.66		$	0.72		$	–		$	–		$	–		$	9.01		8.78	%(D)	$	54,191		1.11	%(E)		0.56	%(E)		1.25	%(E)		3	%
For the Year Ended December 31, 2012
IB		7.83		0.10			1.23			1.33			(0.10	)		(0.77	)		(0.87	)		8.29		17.85			53,881		1.11			0.56			0.99			4
For the Year Ended December 31, 2011
IB		9.92		0.10			(2.01	)		(1.91	)		(0.13	)		(0.05	)		(0.18	)		7.83		(19.40	)		55,658		1.11			0.56			0.98			11
For the Year Ended December 31, 2010
IB		8.13		0.11			1.68			1.79			–			–			–			9.92		22.06			74,999		1.12			0.57			1.35			16
For the Year Ended December 31, 2009(F)
IB		5.10		–			3.08			3.08			–			(0.05	)		(0.05	)		8.13		60.77			61,519		1.10			0.55			0.02			10
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		(0.01	)		(4.89	)		(4.90	)		–			–			–			5.10		(49.04	)(D)		19,807		1.16	(E)		0.61	(E)		(0.62	)(E)		–
American Funds Growth HLS Fund
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB		10.45		0.02			1.03			1.05			–			–			–			11.50		10.04	(D)		350,164		1.04	(E)		0.54	(E)		0.34	(E)		2
For the Year Ended December 31, 2012
IB		8.95		0.05			1.51			1.56			(0.03	)		(0.03	)		(0.06	)		10.45		17.56			333,889		1.04			0.54			0.50			4
For the Year Ended December 31, 2011
IB		9.38		0.03			(0.46	)		(0.43	)		–			–			–			8.95		(4.57	)		317,968		1.04			0.54			0.33			5
For the Year Ended December 31, 2010
IB		7.96		0.04			1.42			1.46			(0.04	)		–			(0.04	)		9.38		18.36			356,162		1.05			0.55			0.43			7
For the Year Ended December 31, 2009(F)
IB		5.81		0.03			2.22			2.25			(0.03	)		(0.07	)		(0.10	)		7.96		39.02			296,659		1.03			0.53			0.47			3
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.07			(4.18	)		(4.11	)		(0.08	)		–			(0.08	)		5.81		(41.18	)(D)		122,888		1.03	(E)		0.53	(E)		3.39	(E)		–
American Funds Growth-Income HLS Fund
For the Six-Month Period Ended June 30, 2013(F) (Unaudited)
IB		10.20		0.01			1.17			1.18			–			–			–			11.38		11.58	(D)		196,045		0.99	(E)		0.54	(E)		0.18	(E)		3
For the Year Ended December 31, 2012
IB		8.81		0.13			1.38			1.51			(0.12	)		–			(0.12	)		10.20		17.16			183,220		0.99			0.54			1.29			9
For the Year Ended December 31, 2011
IB		9.00		0.12			(0.31	)		(0.19	)		–			–			–			8.81		(2.12	)		170,059		0.98			0.53			1.26			5
For the Year Ended December 31, 2010
IB		8.20		0.10			0.81			0.91			(0.11	)		–			(0.11	)		9.00		11.11			185,836		0.99			0.54			1.19			8
For the Year Ended December 31, 2009(F)
IB		6.39		0.11			1.86			1.97			(0.11	)		(0.05	)		(0.16	)		8.20		30.85			168,690		0.98			0.53			1.56			1
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.13			(3.63	)		(3.50	)		(0.11	)		–			(0.11	)		6.39		(34.98	)(D)		74,039		0.99	(E)		0.54	(E)		5.87	(E)		–

38

	─ Selected Per-Share Data(A) ─																					─ Ratios and Supplemental Data ─
Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Total Distributions			Net Asset Value at End of Period		Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income to Average Net Assets(C)			Portfolio Turnover Rate
American Funds International HLS Fund
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB	$	8.73	$	0.02	$	0.26		$	0.28		$	–		$	–		$	–		$	9.01		3.14	%(D)	$	218,871		1.14	%(E)		0.54	%(E)		0.27	%(E)		2	%
For the Year Ended December 31, 2012
IB		7.54		0.10		1.22			1.32			(0.13	)		–			(0.13	)		8.73		17.58			225,298		1.14			0.54			1.15			7
For the Year Ended December 31, 2011
IB		8.96		0.13		(1.40	)		(1.27	)		(0.15	)		–			(0.15	)		7.54		(14.23	)		208,399		1.14			0.54			1.52			9
For the Year Ended December 31, 2010
IB		8.50		0.13		0.44			0.57			(0.08	)		(0.03	)		(0.11	)		8.96		6.92			235,702		1.16			0.56			1.78			7
For the Year Ended December 31, 2009(F)
IB		6.09		0.11		2.48			2.59			(0.11	)		(0.07	)		(0.18	)		8.50		42.75			197,258		1.13			0.53			1.53			7
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.16		(4.07	)		(3.91	)		–			–			–			6.09		(39.10	)(D)		78,825		1.14	(E)		0.54	(E)		8.05	(E)		–
American Funds New World HLS Fund
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB		9.46		0.01		(0.25	)		(0.24	)		–			–			–			9.22		(2.54	)(D)		43,596		1.42	(E)		0.57	(E)		0.08	(E)		2
For the Year Ended December 31, 2012
IB		8.66		0.07		1.38			1.45			(0.15	)		(0.50	)		(0.65	)		9.46		17.47			51,697		1.41			0.56			0.61			8
For the Year Ended December 31, 2011
IB		10.24		0.15		(1.60	)		(1.45	)		(0.13	)		–			(0.13	)		8.66		(14.23	)		52,569		1.41			0.56			1.33			9
For the Year Ended December 31, 2010
IB		8.80		0.11		1.42			1.53			(0.09	)		–			(0.09	)		10.24		17.54			72,257		1.42			0.57			1.30			12
For the Year Ended December 31, 2009(F)
IB		6.00		0.10		2.84			2.94			(0.08	)		(0.06	)		(0.14	)		8.80		49.14			58,578		1.40			0.55			1.44			8
From (commencement of operations) April 30, 2008 through December 31, 2008
IB		10.00		0.11		(4.11	)		(4.00	)		–			–			–			6.00		(39.97	)(D)		23,933		1.44	(E)		0.59	(E)		5.06	(E)		1

(A)	Information presented relates to a share outstanding throughout the indicated period.
(B)	The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.
(C)	Ratios do not include expenses of the Underlying Funds.
(D)	Per share amounts have been calculated using the average shares method.
(E)	Not annualized.
(F)	Annualized.

39

Hartford Series Fund, Inc.

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’s 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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Funds pay to The Hartford a portion of the Chief Compliance Officer’s compensation, but do not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

40

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

41

Hartford Series Fund, Inc.

Directors and Officers (Unaudited) – (continued)

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Funds file a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Funds’ Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

42

Hartford Series Fund, Inc.

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of a Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, and other fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in a 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 a 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 a 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio*			Days in the current 1/2 year		Days in the full year
American Funds Asset Allocation HLS Fund
Class IB	$	1,000.00	$	1,101.10	$	2.87	$	1,000.00	$	1,022.07	$	2.76		0.55	%		181		365
American Funds Blue Chip Income and Growth HLS Fund
Class IB	$	1,000.00	$	1,142.90	$	2.98	$	1,000.00	$	1,022.02	$	2.81		0.56	%		181		365
American Funds Bond HLS Fund
Class IB	$	1,000.00	$	972.60	$	2.64	$	1,000.00	$	1,022.12	$	2.71		0.54	%		181		365
American Funds Global Bond HLS Fund
Class IB	$	1,000.00	$	947.80	$	2.75	$	1,000.00	$	1,021.97	$	2.86		0.57	%		181		365
American Funds Global Growth and Income HLS Fund
Class IB	$	1,000.00	$	1,072.00	$	2.83	$	1,000.00	$	1,022.07	$	2.76		0.55	%		181		365
American Funds Global Growth HLS Fund
Class IB	$	1,000.00	$	1,072.90	$	2.98	$	1,000.00	$	1,021.92	$	2.91		0.58	%		181		365
American Funds Global Small Capitalization HLS Fund
Class IB	$	1,000.00	$	1,087.80	$	2.90	$	1,000.00	$	1,022.02	$	2.81		0.56	%		181		365
American Funds Growth HLS Fund
Class IB	$	1,000.00	$	1,100.40	$	2.81	$	1,000.00	$	1,022.12	$	2.71		0.54	%		181		365
American Funds Growth-Income HLS Fund
Class IB	$	1,000.00	$	1,115.80	$	2.83	$	1,000.00	$	1,022.12	$	2.71		0.54	%		181		365
American Funds International HLS Fund
Class IB	$	1,000.00	$	1,031.40	$	2.72	$	1,000.00	$	1,022.12	$	2.71		0.54	%		181		365
American Funds New World HLS Fund
Class IB	$	1,000.00	$	974.60	$	2.79	$	1,000.00	$	1,021.97	$	2.86		0.57	%		181		365

* The annualized expense ratios for the Funds do not include expenses of the American Funds Insurance Series Underlying Funds (see Note 1 in the Notes to Financial Statements) in which the Funds invest.

43

Hartford Series Fund, Inc.

Principal Risks (Unaudited)

The principal risks of investing in the Funds are described below. Each Fund is exposed to these risks through its investment in the corresponding Underlying Fund.

American Funds Asset Allocation HLS Fund ^{1,2,3,6,8,9,10,11,12}

American Funds Blue Chip Income and Growth HLS Fund ^{4,6,7,9,11,12}

American Funds Bond HLS Fund ^{2,3,6,8,9,10,11,12,13,16}

American Funds Global Bond HLS Fund ^{2,3,5,6,8,9,10,11,12,14}

American Global Growth and Income HLS Fund ^{4,5,6,7,9,11,12}

American Funds Global Growth HLS Fund ^{5,6,7,9,11,12}

American Funds Global Small Capitalization HLS Fund ^{5,6,7,9,11,12,15}

American Funds Growth HLS Fund ^6,7,9,11,12

American Funds Growth-Income HLS Fund ^{4,6,7,9,11,12}

American Funds International HLS Fund ^{5,6,7,9,11,12}

American Funds New World HLS Fund ^{2,3,5,6,7,8,9,10,11,12,15}

^1. Asset Allocation Risk - The risk that if the strategy of the Underlying Fund’s investment adviser for allocating assets among different asset classes does not work as intended, the Fund may not achieve its objective or may underperform other funds with similar investment strategies.

^2. Call Risk - Call risk is the risk that an issuer, especially during a period of falling interest rates, may redeem a security by repaying it early, which may reduce the Fund’s income if the proceeds are reinvested at lower interest rates.

^3. Credit Risk - Credit risk is the risk that the issuer of a security or other instrument will not be able to make principal and interest payments when due. Changes in an issuer’s credit rating or the market’s perception of an issuer’s creditworthiness may also affect the value of the Fund’s investment in that issuer. The degree of credit risk depends on both the financial condition of the issuer and the terms of the obligation.

^4. Dividend Paying Security Investment Risk - Securities that pay high dividends as a group can fall out of favor with the market, causing the Fund during such periods to underperform funds that do not focus on dividends. The Fund’s focus on dividend paying investments may cause the Fund’s share price and total return to fluctuate more than the share price and total return of funds that do not focus their investments on dividend paying securities. In addition, income provided by the Fund may be affected by changes in the dividend policies of the companies in which the Fund invests and the capital resources available for such payments at such companies.

^5. Emerging Markets Risk - The risks related to investing in foreign securities are generally greater with respect to securities of companies that conduct their principal business activities in emerging markets or whose securities are traded principally on exchanges in emerging markets. The risks of investing in emerging markets include risks of illiquidity, increased price volatility, smaller market capitalizations, less government regulation, less extensive and less frequent accounting, financial and other reporting requirements, risk of loss resulting from problems in share registration and custody and substantial economic and political disruptions.

^6. Foreign Investments Risk - Investments in foreign securities may be riskier than investments in U.S. securities. Differences between the U.S. and foreign regulatory regimes and securities markets, including the less stringent investor protection and disclosure standards of some foreign markets, as well as political and economic developments in foreign countries and regions, may affect the value of the Fund’s investments in foreign securities. Changes in currency exchange rates may also adversely affect the Fund’s foreign investments.

44

^7. Growth Orientation Risk - The price of a growth company’s stock may decrease, or it may not increase to the level that the Underlying Fund’s investment adviser had anticipated. In addition, growth stocks may be more volatile than other stocks because they are more sensitive to investors’ perceptions of the issuing company’s growth potential. Also, the growth investing style may over time go in and out of favor. At times when the investing style used by the Underlying Fund is out of favor, the Underlying Fund may underperform other equity funds that use different investing styles.

^8. Interest Rate Risk - The risk that your investment may go down in value when interest rates rise, because when interest rates rise, the prices of bonds and fixed rate loans fall. Generally, the longer the maturity of a bond or fixed rate loan, the more sensitive it is to this risk. Falling interest rates also create the potential for a decline in the Fund’s income. These risks are greater during periods of rising inflation.

^9. Investment Strategy Risk - The investment strategy of the Underlying Fund’s investment adviser will influence performance significantly. If the strategy of the Underlying Fund’s investment adviser does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee that the Underlying Fund’s investment objective will be achieved.

^10. Junk Bond Risk - Investments rated below investment grade (also referred to as “junk bonds”) are considered to be speculative and are subject to heightened credit risk, which may make the Fund more sensitive to adverse developments in the U.S. and abroad. Lower rated debt securities generally involve greater risk of default or price changes due to changes in the issuer’s creditworthiness than higher rated debt securities. The market prices of these securities may fluctuate more than higher quality securities and may decline significantly in periods of general economic difficulty. There may be little trading in the secondary market for particular debt securities, which may make them more difficult to value or sell.

^11. Master-Feeder Structure Risk - Because it invests in the Underlying Fund, the Fund is also subject to risks related to the master-feeder structure. Other “feeder” funds may also invest in an Underlying Fund. As shareholders of an Underlying Fund, feeder funds, including the Fund, vote on matters pertaining to their respective Underlying Fund. Feeder funds with a greater pro rata ownership in an Underlying Fund could have effective voting control of the operations of the Underlying Fund. Also, a large-scale redemption by another feeder fund may increase the proportionate share of the costs of an Underlying Fund borne by the remaining feeder fund shareholders, including the applicable fund.

^12. Market Risk - Market risk is the risk that one or more markets in which the Fund invests will go down in value, including the possibility that the markets will go down sharply and unpredictably. Securities may decline in value due to the activities and financial prospects of individual companies or to general market and economic movements and trends.

^13. Mortgage- and Asset-Backed Securities Risk - Mortgage- and asset-backed securities represent interests in “pools” of mortgages or other assets, including consumer loans or receivables held in trust. Mortgage-backed securities are subject to credit risk, interest rate risk, “prepayment risk” (the risk that borrowers will repay a loan more quickly in periods of falling interest rates) and “extension risk” (the risk that borrowers will repay a loan more slowly in periods of rising interest rates). If the Fund invests in mortgage-backed or asset-backed securities that are subordinated to other interests in the same mortgage pool, the Fund may only receive payments after the pool’s obligations to other investors have been satisfied. An unexpectedly high rate of defaults on the mortgages held by a mortgage pool may limit substantially the pool’s ability to make payments of principal or interest to the Fund, reducing the values of those securities or in some cases rendering them worthless. The risk of such defaults is generally higher in the case of mortgage pools that include so-called “subprime” mortgages.

^14. Non-Diversification Risk - The Underlying Fund is non-diversified, which means it is permitted to invest more of its assets in fewer issuers than a “diversified” fund. Thus, the Fund may be more exposed to the risks associated with and developments affecting an individual issuer than a fund that invests more widely. The Fund may also be subject to greater market fluctuation and price volatility than a more broadly diversified Fund.

45

Hartford Series Fund, Inc

Principal Risks (Unaudited) ─ (continued)

^15. Small Cap Stock Risk – Small capitalization stocks may be more risky than stocks of larger companies. Historically, small market capitalization stocks and stocks of recently organized companies are subject to increased price volatility due to:

· less certain growth prospects

· lower degree of liquidity in the markets for such stocks

· thin trading that could result in the stocks being sold at a discount or in small lots over an extended period of time

· limited product lines, markets or financial resources

· dependence on a few key management personnel

· increased susceptibility to losses and bankruptcy increased transaction costs

^16. U.S. Government Securities Risk - Treasury obligations may differ in their interest rates, maturities, times of issuance and other characteristics. Obligations of U.S. Government agencies and authorities are supported by varying degrees of credit but generally are not backed by the full faith and credit of the U.S. Government. No assurance can be given that the U.S. Government will provide financial support to its agencies and authorities if it is not obligated by law to do so. In addition, the value of U.S. Government securities may be affected by changes in the credit rating of the U.S. Government.

46

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

AFHLSSAR-13 8-13 113558-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD BALANCED HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Balanced HLS Fund 

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	6
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	13
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	14
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	15
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	16
Notes to Financial Statements (Unaudited)	17
Financial Highlights (Unaudited)	30
Directors and Officers (Unaudited)	32
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	34
Quarterly Portfolio Holdings Information (Unaudited)	34
Expense Example (Unaudited)	35
Principal Risks (Unaudited)	36

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Balanced HLS Fund inception 03/31/1983

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term total return.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)  

	6 Month†		1 Year		5 Years		10 Years
Balanced IA		9.71%		15.89%		6.68%		6.08%
Balanced IB		9.57%		15.60%		6.41%		5.81%
Balanced HLS Fund Blended Index		7.14%		11.76%		6.50%		6.20%
Barclays Government/Credit Bond Index		-2.67%		-0.61%		5.29%		4.43%
S&P 500 Index		13.82%		20.58%		7.00%		7.29%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Balanced HLS Fund Blended Index is a blended index comprised of the following indices: S&P 500 (60%), Barclays Government/Credit Bond (35%) and 90-day Treasury Bill (5%).

Barclays 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 mortgaged-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.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.65% and 0.90%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

2

Hartford Balanced HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
John C. Keogh	Karen H. Grimes, CFA
Senior Vice President and Fixed Income Portfolio Manager	Senior Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Balanced HLS Fund returned 9.71% for the six-month period ended June 30, 2013, outperforming its benchmark, 60% S&P 500 Index, 35% Barclays Government/Credit Bond Index, and 5% Treasury Bills, which returned 7.14% for the same period. The Fund also outperformed the 6.60% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, an equity market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators.

U.S. economic data signaled that the economy remains on a moderate growth path, underpinned by the housing and labor markets. The residential real estate recovery continued to pick up steam as home sales rose; house prices saw their greatest annual gain in seven years, according to data from S&P/Case-Shiller. Rising home values and equity-market gains helped boost consumer confidence and prop up consumption. However, manufacturing activity contracted and growth in the services sector slowed.

The Treasury yield curve steepened as the 10-year Treasury yield surged 0.73% to end the period at 2.49%, the highest level since August 2011. Major fixed income sectors, with the exception of high yield, posted negative absolute returns driven by rising rates and underperformed Treasuries on a duration-adjusted basis during the 6-month period. Duration is a measure of the sensitivity of an asset of portfolio’s price to nominal interest rate movement. The Barclays Government/Credit Bond Index returned -2.67% for 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 fixed income portion of the Fund outperformed their respective benchmarks. Asset allocation contributed positively to benchmark-relative results as the Fund was generally overweight (i.e. the Fund’s position was greater than the benchmark position) equities and underweight fixed income and cash relative to the benchmark.

Equity outperformance versus the benchmark was driven by security selection, which was strongest in Financials, Industrials, and Information Technology. This was partially offset by weaker selection in Energy. Sector positioning, which is a result of bottom-up security selection (i.e. stock by stock fundamental research), contributed positively to relative performance due to an overweight to Health Care.

Top contributors to relative performance of the equity portion of the Fund during the period were Vertex Pharmaceutical (Health Care), Celgene (Health Care) and Allstar Co. (Consumer Discretionary). Shares of Vertex Pharmaceuticals, a biotech firm with a focus on cancer and neurodegenerative diseases, surged during the period after positive data for an important phase 2 clinical study increased investors’ confidence in the firm’s cystic fibrosis franchise. Celgene, a global biopharmaceutical company engaged in the discovery, development, and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases, saw shares rise on strong long term guidance in the first quarter and a positive update on a greatly anticipated clinical study. Allstar Co. operates a chain of sporting good stores in the south and southwest United States. This is a private placement investment; the company had increased gross margins and incrementally positive sales compared to prior periods. JPMorgan (financials) and Cisco Systems (Information Technology) also contributed positively to the Fund’s returns on an absolute basis (i.e. total return).

Stocks that detracted the most from relative returns in the equity portion of the Fund during the period were Statoil (Energy), Maxim Integrated Products (Industrials), and UCB

3

Hartford Balanced HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

(Health Care). Shares of Statoil, a Norway-based integrated energy company primarily engaged in oil and gas exploration and production, fell after reported adjusted first-quarter earnings missed consensus expectations. While production volume was in-line with consensus estimates, the mix was weaker than expected due to results from lower margin international gas volumes. Maxim Integrated Products is an international supplier of analog and mixed signal semiconductors based in the U.S. Although earnings for the most recent quarter came in above consensus, the stock underperformed as the company's forward earnings guidance was below consensus. Shares of UCB, a Belgium-based biopharmaceutical and specialty chemical company, fell after first quarter sales came in below consensus expectations, causing weakness in the stock despite management’s reiteration of its long term guidance. Apple (Information Technology) and EMC (Information Technology) also detracted from the Fund’s returns on an absolute basis.

The fixed income portion of the Fund outperformed its benchmark during the period. Security selection within the investment grade corporate bond sector was the main driver of the outperformance. Within investment grade corporates, security selection was strongest in Financials and Utilities. Our short duration positioning relative to the benchmark in May and June was also additive to relative performance when interest rates rose.

What is the outlook?

In the equity portion of the Fund, we are starting to see stock prices reflect underlying company and industry fundamentals. Momentum is still in play, but to a much lesser degree as market extremes have diminished; it feels like less of a macro-driven environment. In this environment, we believe that only those attractively valued companies with strong market positions and high quality management teams will be the best performers. Our investment approach seeks to uncover exactly this combination. The change in the Fed’s rhetoric and the political and market turmoil in several emerging markets represents a serious challenge. What we believe we are left with is a world in which growth will be moderate (a long held view), and less skewed to emerging markets. Critically, we believe this means that in looking at developed markets, investors can shift their gaze from expensive ‘safety’ and capital preservation to other more attractively valued opportunities.

At the end of the period, our largest overweights relative to the benchmark in the equity portion of the Fund were in the Health Care and Information Technology sectors. Our largest underweights were Consumer Staples and Telecommunication Services.

Within the fixed income portion of the Fund, we ended the quarter positioned with a neutral duration posture while maintaining our curve flattening bias. We continue to be positioned with a modest underweight to the Government sector, as we believe that there are more compelling opportunities in other sectors such as agency Mortgage-Backed Securities (MBS). Within investment grade corporates, we continue to focus on financials and communications issuers. Financial companies have de-levered significantly, and we believe that communications issuers have solid balance sheets. We also maintained an overweight to taxable municipals.

The equity and fixed income managers will continue to work collaboratively to make decisions regarding portfolio weights in stocks, bonds, and cash. As of June 30, 2013, the Fund’s equity exposure was at 69% compared to 60% in its benchmark and at the upper end of the Fund’s 50-70% range. 

4

Diversification by Industry
as of June 30, 2013
Industry (Sector)	Percentage of Net Assets
Equity Securities
Automobiles and Components (Consumer Discretionary)		0.7	%
Banks (Financials)		3.9
Capital Goods (Industrials)		5.6
Consumer Durables and Apparel (Consumer Discretionary)		0.7
Diversified Financials (Financials)		6.6
Energy (Energy)		7.2
Food and Staples Retailing (Consumer Staples)		1.0
Food, Beverage and Tobacco (Consumer Staples)		3.5
Health Care Equipment and Services (Health Care)		2.7
Insurance (Financials)		2.4
Materials (Materials)		2.4
Media (Consumer Discretionary)		2.8
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		9.2
Retailing (Consumer Discretionary)		4.2
Semiconductors and Semiconductor Equipment (Information Technology)		3.3
Software and Services (Information Technology)		5.6
Technology Hardware and Equipment (Information Technology)		5.3
Telecommunication Services (Services)		0.4
Transportation (Industrials)		0.6
Utilities (Utilities)		1.2
Total		69.3	%
Fixed Income Securities
Air Transportation (Transportation)		0.3	%
Arts, Entertainment and Recreation (Services)		0.8
Beverage and Tobacco Product Manufacturing (Consumer Staples)		0.5
Computer and Electronic Product Manufacturing (Technology)		0.1
Couriers and Messengers (Services)		0.0
Finance and Insurance (Finance)		5.5
Food Manufacturing (Consumer Staples)		0.5
General Obligations (General Obligations)		0.2
Health Care and Social Assistance (Health Care)		0.3
Health Care/Services (Health Care/Services)		0.1
Higher Education (Univ., Dorms, etc.) (Higher Education (Univ., Dorms, etc.))		0.0
Information (Technology)		0.4
Mining (Basic Materials)		0.1
Miscellaneous Manufacturing (Capital Goods)		0.0
Motor Vehicle and Parts Manufacturing (Consumer Cyclical)		0.2
Petroleum and Coal Products Manufacturing (Energy)		0.5
Pipeline Transportation (Utilities)		0.2
Real Estate, Rental and Leasing (Finance)		0.2
Refunded (Refunded)		0.1
Retail Trade (Consumer Cyclical)		0.2
Soap, Cleaning Compound and Toilet Manufacturing (Consumer Staples)		0.4
Tax Allocation (Tax Allocation)		0.1
Transportation (Transportation)		0.4
Transportation Equipment Manufacturing (Transportation)		0.0
Utilities (Utilities)		0.4
Wholesale Trade (Consumer Cyclical)		0.0
Total		11.5	%
U.S. Government Agencies		1.2
U.S. Government Securities		15.8
Short-Term Investments		2.8
Other Assets and Liabilities		(0.6	)
Total		100.0	%

Distribution by Credit Quality
as of June 30, 2013
Credit Rating *	Percentage of Net Assets
Aaa / AAA		0.3	%
Aa / AA		1.7
A		4.5
Baa / BBB		4.3
Ba / BB		0.2
Unrated		0.5
U.S. Government Agencies and Securities		17.0
Non-Debt Securities and Other Short-Term Instruments		72.1
Other Assets & Liabilities		(0.6	)
Total		100.0	%

* Does not apply to the Fund itself. Based upon Moody’s and S&P long-term credit ratings for the Fund’s holdings as of the date noted. If Moody's and S&P assign different ratings to a holding, the lower rating is used. "Unrated" includes fixed-income securities (other than cash-like short-term instruments and U.S. Government securities) for which Moody’s and S&P have not issued long-term credit ratings.

5

Hartford Balanced HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 69.3%
		Automobiles and Components - 0.7%
	1,511	Ford Motor Co.	$	23,382
		Banks - 3.9%
	564	BB&T Corp.		19,116
	532	PNC Financial Services Group, Inc.		38,758
	1,621	Wells Fargo & Co.		66,917
				124,791
		Capital Goods - 5.6%
	384	3M Co.		41,999
	303	Boeing Co.		30,989
	496	Ingersoll-Rand plc		27,560
	604	PACCAR, Inc.		32,407
	313	Stanley Black & Decker, Inc.		24,205
	241	United Technologies Corp.		22,416
				179,576
		Consumer Durables and Apparel - 0.7%
	171	Coach, Inc.		9,769
	98	PVH Corp.		12,243
				22,012
		Diversified Financials - 6.6%
	191	Ameriprise Financial, Inc.		15,468
	120	BlackRock, Inc.		30,747
	874	Citigroup, Inc.		41,914
	159	Goldman Sachs Group, Inc.		24,105
	790	Invesco Ltd.		25,111
	1,395	JP Morgan Chase & Co.		73,667
				211,012
		Energy - 7.2%
	351	Anadarko Petroleum Corp.		30,124
	450	BP plc ADR		18,801
	288	Chevron Corp.		34,050
	94	EOG Resources, Inc.		12,329
	509	Exxon Mobil Corp.		46,009
	560	Halliburton Co.		23,355
	288	Noble Corp.		10,836
	254	Occidental Petroleum Corp.		22,686
	363	Southwestern Energy Co. ●		13,259
	848	Statoilhydro ASA ADR		17,540
				228,989
		Food and Staples Retailing - 1.0%
	559	CVS Caremark Corp.		31,953
		Food, Beverage and Tobacco - 3.5%
	454	General Mills, Inc.		22,025
	192	Kraft Foods Group, Inc.		10,751
	411	PepsiCo, Inc.		33,648
	242	Philip Morris International, Inc.		20,993
	633	Unilever N.V. NY Shares ADR		24,885
				112,302
		Health Care Equipment and Services - 2.7%
	395	Baxter International, Inc.		27,336
	443	Covidien plc		27,842
	463	UnitedHealth Group, Inc.		30,298
				85,476
		Insurance - 2.4%
	564	American International Group, Inc. ●		25,189
	852	Marsh & McLennan Cos., Inc.		33,992
	550	Unum Group		16,159
				75,340
		Materials - 2.4%
	626	Dow Chemical Co.		20,143
	514	International Paper Co.		22,776
	347	Mosaic Co.		18,673
	320	Nucor Corp.		13,850
				75,442
		Media - 2.8%
	299	CBS Corp. Class B		14,620
	622	Comcast Corp. Class A		26,065
	589	Thomson Reuters Corp.		19,171
	457	Walt Disney Co.		28,881
				88,737
		Pharmaceuticals, Biotechnology and Life Sciences - 9.2%
	480	Agilent Technologies, Inc.		20,546
	228	Amgen, Inc.		22,485
	203	Celgene Corp. ●		23,740
	1,069	Daiichi Sankyo Co., Ltd.		17,806
	317	Gilead Sciences, Inc. ●		16,208
	147	Johnson & Johnson		12,594
	1,139	Merck & Co., Inc.		52,928
	974	Pfizer, Inc.		27,270
	143	Roche Holding AG		35,531
	485	UCB S.A.		26,031
	354	Vertex Pharmaceuticals, Inc. ●		28,295
	307	Zoetis, Inc.		9,479
				292,913
		Retailing - 4.2%
	11,702	Allstar Co. ⌂●†		24,269
	51	AutoZone, Inc. ●		21,808
	11,241	Buck Holdings L.P. ⌂●†		3,413
	370	Kohl's Corp.		18,674
	1,085	Lowe's Cos., Inc.		44,375
	325	Nordstrom, Inc.		19,481
				132,020
		Semiconductors and Semiconductor Equipment - 3.3%
	603	Analog Devices, Inc.		27,164
	1,197	Intel Corp.		28,998
	849	Maxim Integrated Products, Inc.		23,589
	597	Xilinx, Inc.		23,631
				103,382
		Software and Services - 5.6%
	353	Accenture plc		25,389
	352	Automatic Data Processing, Inc.		24,249
	501	eBay, Inc. ●		25,925
	52	Google, Inc. ●		46,026
	1,400	Microsoft Corp.		48,326
	348	Symantec Corp.		7,824
				177,739
		Technology Hardware and Equipment - 5.3%
	141	Apple, Inc.		55,895
	2,744	Cisco Systems, Inc.		66,697
	1,468	EMC Corp.		34,666
	198	Qualcomm, Inc.		12,067
				169,325
		Telecommunication Services - 0.4%
	423	Vodafone Group plc ADR		12,150
		Transportation - 0.6%
	204	FedEx Corp.		20,126

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 69.3% - (continued)
		Utilities - 1.2%
	474	NextEra Energy, Inc.	$	38,653
		Total common stocks
		(cost $1,658,031)	$	2,205,320
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 0.1%
		Finance and Insurance - 0.1%
		Ally Master Owner Trust
$	4,885	1.54%, 09/15/2019	$	4,785
		Goldman Sachs Mortgage Securities Corp. II
	110	2.79%, 03/06/2020 ■Δ		110
		New Century Home Equity Loan Trust
	8	0.48%, 03/25/2035 Δ		8
				4,903
		Total asset & commercial mortgage backed securities
		(cost $5,001)	$	4,903
CORPORATE BONDS - 10.5%
		Air Transportation - 0.3%
		Continental Airlines, Inc.
$	3,632	5.98%, 04/19/2022	$	4,031
		Southwest Airlines Co.
	2,700	5.75%, 12/15/2016		2,995
	2,768	6.15%, 08/01/2022		3,266
				10,292
		Arts, Entertainment and Recreation - 0.8%
		CBS Corp.
	6,860	3.38%, 03/01/2022		6,613
	575	5.75%, 04/15/2020		652
		Comcast Corp.
	1,000	4.50%, 01/15/2043		955
	1,740	4.65%, 07/15/2042		1,668
	4,500	5.90%, 03/15/2016		5,066
		DirecTV Holdings LLC
	3,310	6.38%, 03/01/2041		3,459
		Discovery Communications, Inc.
	280	3.25%, 04/01/2023		263
	325	4.88%, 04/01/2043		300
	250	4.95%, 05/15/2042		234
		News America, Inc.
	1,275	4.50%, 02/15/2021		1,366
		Time Warner Cable, Inc.
	4,120	5.85%, 05/01/2017		4,540
		Viacom, Inc.
	835	3.88%, 12/15/2021		846
				25,962
		Beverage and Tobacco Product Manufacturing - 0.5%
		Altria Group, Inc.
	2,050	4.50%, 05/02/2043		1,823
	2,445	4.75%, 05/05/2021		2,619
		Anheuser-Busch InBev Worldwide, Inc.
	3,205	7.75%, 01/15/2019		4,054
		BAT International Finance plc
	2,775	3.25%, 06/07/2022 ■		2,716
		Coca-Cola Co.
	500	3.30%, 09/01/2021		511
		Diageo Capital plc
	1,925	2.63%, 04/29/2023		1,791
		Molson Coors Brewing Co.
	60	2.00%, 05/01/2017		60
	765	3.50%, 05/01/2022		751
	495	5.00%, 05/01/2042		475
		Philip Morris International, Inc.
	270	5.65%, 05/16/2018		311
				15,111
		Computer and Electronic Product Manufacturing - 0.1%
		Apple, Inc.
	1,930	2.40%, 05/03/2023		1,790
	685	3.85%, 05/04/2043		608
				2,398
		Couriers and Messengers - 0.0%
		FedEx Corp.
	270	2.63%, 08/01/2022		251
	405	2.70%, 04/15/2023		373
				624
		Finance and Insurance - 5.4%
		ACE INA Holdings, Inc.
	700	5.88%, 06/15/2014		733
		American Express Centurion Bank
	6,350	6.00%, 09/13/2017		7,297
		Bank of America Corp.
	4,500	5.00%, 05/13/2021		4,798
	200	7.38%, 05/15/2014		211
		Barclays Bank plc
	2,150	2.38%, 01/13/2014		2,168
		BP Capital Markets plc
	2,850	4.75%, 03/10/2019		3,165
		Brandywine Operating Partnership
	2,010	6.00%, 04/01/2016		2,207
		Capital One Financial Corp.
	2,460	2.15%, 03/23/2015		2,499
		CDP Financial, Inc.
	3,475	4.40%, 11/25/2019 ■		3,823
		Citigroup, Inc.
	3,000	5.85%, 08/02/2016		3,355
	2,700	6.13%, 05/15/2018		3,091
	1,700	6.88%, 03/05/2038		2,061
	520	8.13%, 07/15/2039		687
		Credit Agricole S.A.
	3,950	3.50%, 04/13/2015 ■		4,086
		Discover Financial Services, Inc.
	3,620	6.45%, 06/12/2017		4,112
		Eaton Vance Corp.
	3,305	6.50%, 10/02/2017		3,804
		Everest Reinsurance Holdings, Inc.
	4,525	5.40%, 10/15/2014		4,682
		Ford Motor Credit Co. LLC
	2,665	3.00%, 06/12/2017		2,671
		General Electric Capital Corp.
	4,300	4.38%, 09/16/2020		4,552
	5,000	5.88%, 01/14/2038		5,504
		Goldman Sachs Group, Inc.
	6,000	5.63%, 01/15/2017		6,503
	1,700	6.15%, 04/01/2018		1,916
	2,590	6.25%, 02/01/2041		2,929

The accompanying notes are an integral part of these financial statements.

7

Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 10.5% - (continued)
		Finance and Insurance - 5.4% - (continued)
		HCP, Inc.
$	2,030	6.00%, 01/30/2017	$	2,277
		HSBC Holdings plc
	3,010	6.10%, 01/14/2042		3,502
		ING Bank N.V.
	5,200	3.75%, 03/07/2017 ■		5,442
		Jackson National Life Insurance Co.
	6,250	8.15%, 03/15/2027 ■		7,775
		JP Morgan Chase & Co.
	2,240	3.25%, 09/23/2022		2,127
	2,000	4.95%, 03/25/2020		2,184
	6,035	5.13%, 09/15/2014		6,332
	1,080	5.40%, 01/06/2042		1,142
		Loews Corp.
	835	2.63%, 05/15/2023		759
		Merrill Lynch & Co., Inc.
	1,000	6.40%, 08/28/2017		1,129
	6,000	6.88%, 04/25/2018		6,906
		Morgan Stanley
	250	5.63%, 09/23/2019		269
		National City Corp.
	4,250	6.88%, 05/15/2019		5,084
		Nordea Bank AB
	1,790	3.70%, 11/13/2014 ■		1,856
		Postal Square L.P.
	12,788	8.95%, 06/15/2022		16,899
		Prudential Financial, Inc.
	3,000	5.50%, 03/15/2016		3,313
		Rabobank Netherlands
	3,900	3.20%, 03/11/2015 ■		4,044
		Republic New York Capital I
	500	7.75%, 11/15/2026		507
		Southern Capital Corp.
	49	5.70%, 06/30/2022 ■		51
		Sovereign Bancorp, Inc.
	4,795	8.75%, 05/30/2018		5,798
		Svenska Handelsbanken AB
	2,900	4.88%, 06/10/2014 ■		3,010
		UBS AG Stamford
	235	5.88%, 12/20/2017		270
		Wachovia Corp.
	10,000	5.25%, 08/01/2014		10,445
	1,000	5.75%, 06/15/2017		1,135
		WEA Finance LLC
	1,450	7.13%, 04/15/2018 ■		1,721
		Wellpoint, Inc.
	421	3.30%, 01/15/2023		401
				171,232
		Food Manufacturing - 0.5%
		ConAgra Foods, Inc.
	265	1.90%, 01/25/2018		260
	235	3.20%, 01/25/2023		225
		Kellogg Co.
	3,900	4.00%, 12/15/2020		4,106
		Kraft Foods Group, Inc.
	555	2.25%, 06/05/2017		559
	535	3.50%, 06/06/2022		530
	605	5.00%, 06/04/2042		613
	285	5.38%, 02/10/2020		319
		Mondelez International, Inc.
	3,800	4.13%, 02/09/2016		4,062
		Wrigley Jr., William Co.
	3,900	3.70%, 06/30/2014 ■		4,003
				14,677
		Health Care and Social Assistance - 0.3%
		Amgen, Inc.
	3,300	5.15%, 11/15/2041		3,287
		GlaxoSmithKline Capital, Inc.
	2,370	2.80%, 03/18/2023		2,255
		Kaiser Foundation Hospitals
	326	3.50%, 04/01/2022		322
	640	4.88%, 04/01/2042		636
		McKesson Corp.
	100	2.85%, 03/15/2023		94
		Merck & Co., Inc.
	1,640	2.80%, 05/18/2023		1,552
	630	4.15%, 05/18/2043		600
		Zoetis, Inc.
	150	3.25%, 02/01/2023 ■		143
	180	4.70%, 02/01/2043 ■		168
				9,057
		Information - 0.4%
		America Movil S.A.B. de C.V.
	635	3.13%, 07/16/2022		585
	530	4.38%, 07/16/2042		452
		AT&T, Inc.
	2,510	6.80%, 05/15/2036		2,954
		BellSouth Telecommunications, Inc.
	650	7.00%, 12/01/2095		709
		Cox Communications, Inc.
	1,325	4.50%, 06/30/2043 ■		1,141
	255	4.70%, 12/15/2042 ■		226
		France Telecom S.A.
	1,300	4.13%, 09/14/2021		1,313
		SBA Tower Trust
	2,035	4.25%, 04/15/2015 ■Δ		2,106
		Verizon Communications, Inc.
	2,415	3.50%, 11/01/2021		2,426
	715	4.75%, 11/01/2041		680
				12,592
		Mining - 0.1%
		Barrick Gold Corp.
	500	4.10%, 05/01/2023 ■		417
		Rio Tinto Finance USA Ltd.
	1,175	1.38%, 06/17/2016		1,168
	1,175	2.25%, 12/14/2018		1,142
				2,727
		Miscellaneous Manufacturing - 0.0%
		United Technologies Corp.
	365	3.10%, 06/01/2022		361
		Motor Vehicle and Parts Manufacturing - 0.2%
		Daimler Finance NA LLC
	5,600	2.63%, 09/15/2016 ■		5,748
		Petroleum and Coal Products Manufacturing - 0.5%
		Atmos Energy Corp.
	5,875	6.35%, 06/15/2017		6,845

The accompanying notes are an integral part of these financial statements.

8

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 10.5% - (continued)
		Petroleum and Coal Products Manufacturing - 0.5% - (continued)
		EnCana Corp.
$	305	5.90%, 12/01/2017	$	346
		Gazprom Neft OAO via GPN Capital S.A.
	1,100	4.38%, 09/19/2022 ■		1,008
		Motiva Enterprises LLC
	420	5.75%, 01/15/2020 ■		479
		Ras Laffan Liquefied Natural Gas Co., Ltd.
	1,200	5.50%, 09/30/2014 ■		1,254
		Shell International Finance B.V.
	6,400	4.38%, 03/25/2020		7,114
				17,046
		Pipeline Transportation - 0.2%
		Kinder Morgan Energy Partners L.P.
	5,000	6.95%, 01/15/2038		5,912
		Real Estate, Rental and Leasing - 0.2%
		ERAC USA Finance Co.
	1,121	2.25%, 01/10/2014 ■		1,129
	340	2.75%, 03/15/2017 ■		347
	1,800	4.50%, 08/16/2021 ■		1,882
	1,500	5.63%, 03/15/2042 ■		1,506
				4,864
		Retail Trade - 0.2%
		Amazon.com, Inc.
	1,550	2.50%, 11/29/2022		1,407
		AutoZone, Inc.
	900	3.13%, 07/15/2023		841
	1,908	3.70%, 04/15/2022		1,855
		Lowe's Cos., Inc.
	3,400	4.63%, 04/15/2020		3,752
				7,855
		Soap, Cleaning Compound and Toilet Manufacturing - 0.4%
		Procter & Gamble Co.
	8,976	9.36%, 01/01/2021		11,653
		Transportation Equipment Manufacturing - 0.0%
		Kansas City Southern de Mexico S.A. de C.V.
	175	2.35%, 05/15/2020 ■		169
		Utilities - 0.4%
		Consolidated Edison Co. of NY
	4,605	5.30%, 12/01/2016		5,202
		Indianapolis Power and Light
	3,750	6.60%, 06/01/2037 ■		4,589
		Southern California Edison Co.
	4,000	5.55%, 01/15/2037		4,551
				14,342
		Wholesale Trade - 0.0%
		Heineken N.V.
	1,330	2.75%, 04/01/2023 ■		1,219
	50	4.00%, 10/01/2042 ■		43
				1,262
		Total corporate bonds
		(cost $308,490)	$	333,884
MUNICIPAL BONDS - 0.9%
		General Obligations - 0.2%
		California State GO, Taxable,
	1,235	7.55%, 04/01/2039		1,654
		Chicago, IL, Metropolitan Water Reclamation GO,
	685	5.72%, 12/01/2038		798
		Los Angeles, CA, USD GO,
	4,300	5.75%, 07/01/2034		4,627
				7,079
		Health Care/Services - 0.1%
		University of California, Regents MedCenter Pooled Rev,
	1,935	6.58%, 05/15/2049		2,295
		Higher Education (Univ., Dorms, etc.) - 0.0%
		University of California, Build America Bonds Rev,
	1,960	5.77%, 05/15/2043		2,158
		Refunded - 0.1%
		Irvine Ranch, CA, Water Dist Joint Powers Agency,
	2,870	2.61%, 03/15/2014		2,911
		Tax Allocation - 0.1%
		Dallas, TX, Area Rapid Transit Sales Tax Rev,
	2,200	6.00%, 12/01/2044		2,649
		Transportation - 0.4%
		Bay Area, CA, Toll Auth Bridge Rev,
	3,100	6.26%, 04/01/2049		3,598
		Illinois State Toll Highway Auth, Taxable Rev,
	1,875	6.18%, 01/01/2034		2,194
		Maryland State Transportation Auth,
	1,350	5.89%, 07/01/2043		1,495
		New York and New Jersey PA, Taxable Rev,
	975	5.86%, 12/01/2024		1,118
	570	6.04%, 12/01/2029		650
		North Texas Tollway Auth Rev,
	3,400	6.72%, 01/01/2049		4,006
				13,061
		Total municipal bonds
		(cost $26,787)	$	30,153
U.S. GOVERNMENT AGENCIES - 1.2%
		FHLMC - 0.3%
$	128	2.29%, 04/01/2029 Δ	$	133
	54	4.00%, 03/01/2041		56
	4,563	5.00%, 07/01/2028 - 05/01/2041		4,889
	4,312	5.50%, 12/01/2036 - 09/01/2040		4,646
				9,724
		FNMA - 0.6%
	9,000	3.00%, 07/15/2028 ☼		9,257
	7,500	3.50%, 07/15/2043 ☼		7,614
	186	4.85%, 02/01/2014		187
	181	5.00%, 02/01/2019 - 04/01/2019		195
	635	5.09%, 12/01/2013		638
	1	6.50%, 11/01/2013		1

The accompanying notes are an integral part of these financial statements.

9

Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
U.S. GOVERNMENT AGENCIES - 1.2% - (continued)
		FNMA - 0.6% - (continued)
$	1	7.00%, 02/01/2029			$	1
						17,893
		GNMA - 0.3%
	2,938	6.00%, 06/15/2024 - 06/15/2035				3,290
	992	6.50%, 03/15/2026 - 02/15/2035				1,101
	4,307	7.00%, 11/15/2031 - 11/15/2033				4,992
	208	7.50%, 09/16/2035				242
	833	8.00%, 09/15/2026 - 02/15/2031				919
	27	9.00%, 07/20/2016 - 06/15/2022				27
						10,571
		Total U.S. government agencies
		(cost $37,375)			$	38,188
U.S. GOVERNMENT SECURITIES - 15.8%
Other Direct Federal Obligations - 1.3%
		FFC - 0.5%
$	17,617	4.40%, 12/06/2013 - 12/27/2013 ○			$	17,566
		Tennessee Valley Authority - 0.8%
	22,300	4.38%, 06/15/2015				23,965
						41,531
U.S. Treasury Securities - 14.5%
		U.S. Treasury Bonds - 2.4%
	8,300	2.88%, 05/15/2043				7,345
	21,412	3.13%, 02/15/2043				19,986
	22,000	4.38%, 02/15/2038				25,761
	18,000	6.00%, 02/15/2026 ╦‡				24,165
						77,257
		U.S. Treasury Notes - 12.1%
	64,100	0.13%, 04/30/2015				63,857
	35,520	0.25%, 02/28/2015 - 05/31/2015				35,490
	8,300	0.63%, 05/31/2017				8,168
	5,343	0.88%, 01/31/2017				5,335
	11,800	1.00%, 09/30/2016 - 05/31/2018				11,713
	113,200	1.25%, 10/31/2015				115,287
	28,700	1.50%, 06/30/2016				29,393
	39,000	1.75%, 05/15/2023				36,526
	5,300	2.00%, 04/30/2016				5,504
	23,000	2.75%, 02/15/2019				24,480
	18,935	3.50%, 05/15/2020				20,948
	24,575	3.88%, 05/15/2018				27,532
						384,233
						461,490
		Total U.S. government securities
		(cost $485,829)			$	503,021
		Total long-term investments
		(cost $2,521,513)			$	3,115,469
SHORT-TERM INVESTMENTS - 2.8%
Repurchase Agreements - 2.8%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $325, collateralized by GNMA 3.00%, 2042, value of $331)
$	325	0.13%, 6/28/2013			$	325
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $6,915, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $7,035)
	6,915	0.15%, 6/28/2013				6,915
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $13,435, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $13,672)
	13,435	0.12%, 6/28/2013				13,435
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $9,310, collateralized by U.S. Treasury Note 3.13%, 2021, value of $9,463)
	9,310	0.10%, 6/28/2013				9,310
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $27,435, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $27,848)
	27,435	0.10%, 6/28/2013				27,435
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $325, collateralized by FNMA 4.50%, 2035, value of $331)
	325	0.25%, 6/28/2013				325
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $11,002, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $11,223)
	11,002	0.10%, 6/28/2013				11,002
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $19,403, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $19,733)
	19,403	0.12%, 6/28/2013				19,403
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $280, collateralized by U.S. Treasury Note 0.63%, 2014, value of $286)
	280	0.09%, 6/28/2013				280
						88,430
		Total short-term investments
		(cost $88,430)			$	88,430
		Total investments
		(cost $2,609,943) ▲	100.6	%	$	3,203,899
		Other assets and liabilities	(0.6	)%		(19,880	)
		Total net assets	100.0	%	$	3,184,019

The accompanying notes are an integral part of these financial statements.

10

Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.
	Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $2,630,037 and the aggregate gross unrealized appreciation and depreciation based on that cost were:    

Unrealized Appreciation	$	614,691
Unrealized Depreciation		(40,829	)
Net Unrealized Appreciation	$	573,862

† These securities were valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company's Board of Directors.  At June 30, 2013, the aggregate value of these securities was $27,682, which represents 0.9% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

● Non-income producing.

Δ Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2013.

○ The interest rate disclosed for these securities represents the effective yield on the date of the acquisition.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $62,211, which represents 2.0% of total net assets.

⌂ 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
08/2011		11,702	Allstar Co.	$	6,915
06/2007		11,241	Buck Holdings L.P.		758

At June 30, 2013, the aggregate value of these securities was $27,682, which represents 0.9% of total net assets.  

☼ This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $17,113 at June 30, 2013.

‡ This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

╦ This security, or a portion of this security, has been pledged as collateral in connection with swap contracts.

Securities Sold Short Outstanding at June 30, 2013
Description	Principal Amount		Maturity Date	Market Value ╪		Unrealized Appreciation/ Depreciation
FHLMC TBA, 5.50%	$	3,100	07/15/2043	$	3,335	$	(6	)

At June 30, 2013, the aggregate value of these securities represents 0.1% of total net assets.

The accompanying notes are an integral part of these financial statements.

11

Hartford Balanced HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Credit Default Swap Contracts Outstanding at June 30, 2013
Reference Entity	Counterparty	Notional Amount (a)		(Pay)/Receive Fixed Rate			Expiration Date	Upfront Premiums Paid/ (Received)			Market Value ╪			Unrealized Appreciation/ (Depreciation)
Credit default swaps on traded indices:
Sell protection:
CMBX.NA.AAA.6	DEUT	$	1,815		0.50	%	05/11/63	$	(88	)	$	(102	)	$	(14	)
CMBX.NA.AAA.6	MSC		1,170		0.50	%	05/11/63		(56	)		(65	)		(9	)
Total								$	(144	)	$	(167	)	$	(23	)

(a) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.  Notional shown in U.S. dollars unless otherwise noted.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
DEUT	Deutsche Bank Securities, Inc.
MSC	Morgan Stanley
Index Abbreviations:
CMBX.NA	Markit Commercial Mortgage Backed North American
Municipal Bond Abbreviations:
GO	General Obligation
PA	Port Authority
Rev	Revenue
USD	United School District
Other Abbreviations:
ADR	American Depositary Receipt
FFC	Federal Financing Corp.
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association

The accompanying notes are an integral part of these financial statements.

12

Hartford Balanced HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Asset & Commercial Mortgage Backed Securities	$	4,903	$	–	$	4,895	$	8
Common Stocks ‡		2,205,320		2,098,270		79,368		27,682
Corporate Bonds		333,884		–		309,637		24,247
Municipal Bonds		30,153		–		30,153		–
U.S. Government Agencies		38,188		–		38,188		–
U.S. Government Securities		503,021		53,795		449,226		–
Short-Term Investments		88,430		–		88,430		–
Total	$	3,203,899	$	2,152,065	$	999,897	$	51,937
Liabilities:
Securities Sold Short	$	3,335	$	–	$	3,335	$	–
Total	$	3,335	$	–	$	3,335	$	–
Credit Default Swaps *		23		–		23		–
Total	$	23	$	–	$	23	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.  

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Net Amortization			Purchases		Sales			Transfers Into Level 3		Transfers Out of Level 3		Balance as of June 30, 2013
Assets:
Asset & Commercial Mortgage Backed Securities	$	8	$	—			$   —	*	$	—		$	—	$	—		$	—	$	—	$	8
Common Stocks		24,542		5,109			4,380	†		—			—		(6,349	)		—		—		27,682
Corporate Bonds		25,415		(49	)		(468	)‡		(52	)		—		(599	)		—		—		24,247
Total	$	49,965	$	5,060		$	3,912		$	(52	)	$	—	$	(6,948	)	$	—	$	—	$	51,937

* Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 rounds to zero.

† Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $4,380.

‡ Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $(468).

The accompanying notes are an integral part of these financial statements.

13

Hartford Balanced HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $2,609,943)	$	3,203,899
Cash		289
Receivables:
Investment securities sold		21,244
Fund shares sold		188
Dividends and interest		9,670
Other assets		—
Total assets		3,235,290
Liabilities:
Unrealized depreciation on swap contracts		23
Securities sold short, at market value (proceeds $3,329)		3,335
Payables:
Investment securities purchased		42,868
Fund shares redeemed		4,365
Investment management fees		321
Distribution fees		16
Accrued expenses		199
Swap premiums received		144
Total liabilities		51,271
Net assets	$	3,184,019
Summary of Net Assets:
Capital stock and paid-in-capital	$	3,400,570
Undistributed net investment income		29,515
Accumulated net realized loss		(840,002	)
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		593,936
Net assets	$	3,184,019
Shares authorized		9,500,000
Par value	$	0.001
Class IA: Net asset value per share	$	23.07
Shares outstanding		120,552
Net assets	$	2,781,460
Class IB: Net asset value per share	$	23.34
Shares outstanding		17,245
Net assets	$	402,559

The accompanying notes are an integral part of these financial statements.

14

Hartford Balanced HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	25,842
Interest		14,585
Less: Foreign tax withheld		(592	)
Total investment income, net		39,835
Expenses:
Investment management fees		9,893
Distribution fees - Class IB		513
Custodian fees		10
Accounting services fees		258
Board of Directors' fees		43
Audit fees		16
Other expenses		258
Total expenses (before fees paid indirectly)		10,991
Commission recapture		(7	)
Custodian fee offset		—
Total fees paid indirectly		(7	)
Total expenses, net		10,984
Net Investment Income		28,851
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions:
Net realized gain on investments		105,634
Net realized loss on securities sold short		(5	)
Net realized gain on swap contracts		1
Net realized gain on foreign currency contracts		52
Net realized loss on other foreign currency transactions		(63	)
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		105,619
Net Changes in Unrealized Appreciation of Investments, Other Financial Instruments and Foreign Currency Transactions:
Net unrealized appreciation of investments		165,510
Net unrealized appreciation of securities sold short		7
Net unrealized depreciation of swap contracts		(23	)
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(11	)
Net Changes in Unrealized Appreciation of Investments, Other Financial Instruments and Foreign Currency Transactions		165,483
Net Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		271,102
Net Increase in Net Assets Resulting from Operations	$	299,953

The accompanying notes are an integral part of these financial statements.

15

Hartford Balanced HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	28,851		$	65,371
Net realized gain on investments, other financial instruments and foreign currency transactions		105,619			166,748
Net unrealized appreciation of investments, other financial instruments and foreign currency transactions		165,483			152,137
Net Increase in Net Assets Resulting from Operations		299,953			384,256
Distributions to Shareholders:
From net investment income
Class IA		—			(82,214	)
Class IB		—			(10,942	)
Total distributions		—			(93,156	)
Capital Share Transactions:
Class IA
Sold		36,979			50,211
Issued on reinvestment of distributions		—			82,214
Redeemed		(271,761	)		(589,901	)
Total capital share transactions		(234,782	)		(457,476	)
Class IB
Sold		15,427			19,586
Issued on reinvestment of distributions		—			10,942
Redeemed		(56,849	)		(118,840	)
Total capital share transactions		(41,422	)		(88,312	)
Net decrease from capital share transactions		(276,204	)		(545,788	)
Net Increase (Decrease) in Net Assets		23,749			(254,688	)
Net Assets:
Beginning of period		3,160,270			3,414,958
End of period	$	3,184,019		$	3,160,270
Undistributed (distribution in excess of)
net investment income	$	29,515		$	664
Shares:
Class IA
Sold		1,644			2,405
Issued on reinvestment of distributions		—			3,914
Redeemed		(12,048	)		(28,367	)
Total share activity		(10,404	)		(22,048	)
Class IB
Sold		673			928
Issued on reinvestment of distributions		—			514
Redeemed		(2,492	)		(5,664	)
Total share activity		(1,819	)		(4,222	)

The accompanying notes are an integral part of these financial statements.

16

Hartford Balanced HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Balanced HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests may change on days when a shareholder will not be able to

17

Hartford Balanced HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by the Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Fixed income investments (other than short term obligations) and non-exchange traded derivatives held by the Fund are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services in accordance with procedures established by the Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values through accepted market modeling and trading and pricing conventions. Inputs to the models may include, but are not limited to, prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models and the bond’s terms and conditions. Generally, the Fund may use fair valuation in regard to fixed income investments when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant

18

management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis. Paydown gains and losses on mortgage-related and other asset-backed securities are included in interest income in the Statement of Operations, as applicable.

19

Hartford Balanced HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral,

20

including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. The Fund, as shown on the Schedule of Investments, had when-issued or delayed-delivery investments as of June 30, 2013.

In connection with the Fund’s ability to purchase investments on a when-issued or forward commitment basis, the Fund may enter into to-be announced (“TBA”) commitments. TBA commitments are forward agreements for the purchase or sale of mortgage-backed securities for a fixed price, with payment and delivery on an agreed-upon future settlement date. The specific securities to be delivered are not identified at the trade date; however, delivered securities must meet specified terms, including issuer, rate and mortgage terms. Although the Fund may enter into TBA commitments with the intention of acquiring or delivering securities for its portfolio, the Fund can extend the settlement date, roll the transaction, or dispose of a commitment prior to settlement if deemed appropriate to do so. If the TBA commitment is closed through the acquisition of an offsetting TBA commitment, the Fund realizes a gain or loss. In a TBA roll transaction, the Fund generally purchases or sells the initial TBA commitment prior to the agreed upon settlement date and enters into a new TBA commitment for future delivery or receipt of the mortgage-backed securities. TBA commitments involve a risk of loss if the value of the security to be purchased or sold declines or increases, respectively, prior to settlement date.

The Fund may enter into “dollar rolls” in which the Fund sells securities and contracts with the same counterparty to repurchase substantially similar securities (for example, same issuer, coupon and maturity) on a specified future date at an agreed upon price. The Fund gives up the right to receive interest paid on the investments sold. The Fund would benefit to the extent of any differences between the price received for the security and the lower forward price for the future purchase. Dollar rolls involve the risk that the market value of the securities that the Fund is required to purchase may decline below the agreed upon repurchase price of those securities. The Fund records dollar roll transactions as purchases and sales and realizes gains and losses on these transactions. These transactions are excluded from the Fund’s portfolio turnover rate. The Fund had open dollar roll transactions as of June 30, 2013.

21

Hartford Balanced HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

d) Mortgage Related and Other Asset Backed Securities – The Fund may invest in mortgage related and other asset backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage backed securities, stripped mortgage backed securities, asset backed securities, collateralized debt obligations and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. Mortgage related securities are created from pools of residential or commercial mortgage loans, including mortgage loans made by savings and loan institutions, mortgage bankers, commercial banks and others. Asset backed securities are created from many types of assets, including auto loans, credit card receivables, home equity loans, and student loans. These securities provide a monthly payment that consists of both interest and principal payments. Interest payments may be determined by fixed or adjustable rates. The rate of pre-payments on underlying mortgages will affect the price and volatility of a mortgage related security, and may have the effect of shortening or extending the effective duration of the security relative to what was anticipated at the time of purchase. The timely payment of principal and interest of certain mortgage related securities is guaranteed by the full faith and credit of the United States Government. Mortgage related and other asset backed securities created and guaranteed by non-governmental issuers, including government-sponsored corporations, may be supported by various forms of insurance or guarantees, but there can be no assurance that the private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The Fund, as shown on the  Schedule of Investments, had mortgage related and other asset backed securities as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had no outstanding foreign currency contracts as of June 30, 2013.

b) Swap Contracts – The Fund may invest in swap contracts. Swap contracts are privately negotiated agreements between the Fund and a counterparty to exchange or swap investment cash flows, assets, foreign currencies or market-linked returns at specified future intervals. The Fund may enter into credit default, total return, cross-currency, interest rate, inflation and other forms of swap contracts to manage its exposure to credit, currency, interest rate, commodity and inflation risk. Swap contracts are also used to gain exposure to certain markets. In connection with these contracts, investments or cash may be identified as collateral in accordance with the terms of the respective swap contracts to provide assets of value and recourse in the event of default or bankruptcy/insolvency. 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 Company’s Board of Directors, and the change in value, if any, is recorded as an unrealized gain or loss on the Statement of Assets and Liabilities. Payments

22

received or made at the beginning of the measurement period are reflected as such on the Statement of Assets and Liabilities and represent payments made or received upon entering into the swap contract to compensate for differences between the stated terms of the swap contract and prevailing market conditions (credit spreads, currency exchange rates, interest rates, and other relevant factors). These upfront payments are recorded as realized gains or losses on the Statement of Operations upon termination or maturity of the swap. A liquidation payment received or made at the termination of the swap and net periodic payments received or paid by the Fund are recorded as realized gains or losses on the Statement of Operations. Entering into these contracts involves, to varying degrees, elements of credit and market risk in excess of the amounts recognized on the Statement of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these contracts, that the counterparty to the contracts may default on its obligation to perform or disagree as to the meaning of contractual terms in the contracts, and that there may be unfavorable changes in interest rates. The Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life, to the extent that amount is positive. The risk is mitigated by having a master netting arrangement between the Fund and the counterparty, which allows for the netting of payments made or received (although such amounts are presented on a gross basis within the Statement of Assets and Liabilities, as applicable) as well as the posting of collateral to the Fund to cover the Fund’s exposure to the counterparty.

Credit Default Swap Contracts – The credit default swap market allows the Fund to manage its exposure to the market or certain sectors of the market, to reduce its risk exposure to defaults of corporate and sovereign issuers, or to create exposure to corporate or sovereign issuers to which it is not otherwise exposed. Certain credit default swaps involve the exchange of a fixed rate premium for protection against the loss in value of an underlying investment or index in the event of a credit event, such as payment default or bankruptcy.

Under a credit default swap contract, one party acts as guarantor by receiving the fixed periodic payment in exchange for the commitment to purchase the underlying investment at par if the defined credit event occurs. Upon the occurrence of a defined credit event, the difference between the value of the reference obligation and the swap’s notional amount is recorded as realized gain or loss on swap transactions in the Statement of Operations. 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. Although specified events are contract specific, credit events are generally defined as bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium. A “seller’s” exposure is limited to the total notional amount of the credit default swap contract. These potential amounts would be partially offset by any recovery values of the respective referenced obligations or upfront payments received upon entering into the contract.

Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap contracts on corporate issues, sovereign government issues or U.S. municipal issues as of period-end are disclosed in the notes to the Schedule of Investments, as applicable, and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the contract. Wider credit spreads represent a deterioration of the referenced entity’s soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. For credit default swap contracts on asset-backed securities and credit indices, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced equity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. The Fund, as shown on the Schedule of Investments, had outstanding credit default swaps as of June 30, 2013.

23

Hartford Balanced HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

c) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Liabilities:
Unrealized depreciation on swap contracts	$	—	$	—	$	23	$	—	$	—	$	—	$	23
Total	$	—	$	—	$	23	$	—	$	—	$	—	$	23

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts			Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on swap contracts	$	—	$	—	$	1		$	—	$	—	$	—	$	1
Net realized gain on foreign currency contracts		—		52		—			—		—		—		52
Total	$	—	$	52	$	1		$	—	$	—	$	—	$	53
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of swap contracts	$	—	$	—	$	(23	)	$	—	$	—	$	—	$	(23	)
Total	$	—	$	—	$	(23	)	$	—	$	—	$	—	$	(23	)

d) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	88,430	$	—	$	88,430	$	—	$	(89,922	)	$	—
Total subject to a master netting or similar arrangement	$	88,430	$	—	$	88,430	$	—	$	(88,922	)	$	—

24

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Pledged		Net Amount (not less than 0)
Swap contracts at market value	$	167	$	—	$	167	$	—	$	—	$	167
Total subject to a master netting or similar arrangement	$	167	$	—	$	167	$	—	$	—	$	167

5. Principal Risks:

a) Credit and Counterparty Risks – Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. Similar to credit risk, the Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The Fund’s investments expose the Fund to various risks including, but not limited to, interest rate, prepayment, extension, foreign currency, and equity risks. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the values of certain fixed income securities held by the Fund are likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income security’s market price to interest rate (i.e., yield) movements. In addition, securities are subject to extension risk. 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 and extension risk are major risks of mortgage backed securities and certain asset backed securities. For certain asset backed securities, the actual maturity may be less than the stated maturity shown in the Schedule of Investments, if applicable. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity. If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund

25

Hartford Balanced HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	93,156	$	57,855

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	664
Accumulated Capital and Other Losses*		(925,527	)
Unrealized Appreciation†		408,359
Total Accumulated Deficit	$	(516,504	)

*	The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.
†	Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	344
Accumulated Net Realized Gain (Loss)		(344	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an

26

unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	925,527
Total	$	925,527

During the year ended December 31, 2012, the Fund utilized $155,644 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.6800%
On next $250 million		0.6550%
On next $500 million		0.6450%
On next $4 billion		0.5950%
On next $5 billion		0.5925%
Over $10 billion		0.5900%

27

Hartford Balanced HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.016%
On next $5 billion		0.014%
Over $10 billion		0.012%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.65	%
Class IB		0.90

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $2. These fees are accrued daily and paid monthly.

28

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	304,089
Sales Proceeds Excluding U.S. Government Obligations		624,144
Cost of Purchases for U.S. Government Obligations		270,638
Sales Proceeds for U.S. Government Obligations		218,863

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

29

Hartford Balanced HLS Fund

Financial Highlights

– Selected Per-Share Data – (A)

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	21.03	$	0.21	$	1.83		$	2.04		$	–		$	–		$	–	$	–		$	23.07
IB		21.30		0.19		1.85			2.04			–			–			–		–			23.34
For the Year Ended December 31, 2012
IA		19.34		0.47		1.85			2.32			(0.63	)		–			–		(0.63	)		21.03
IB		19.58		0.43		1.86			2.29			(0.57	)		–			–		(0.57	)		21.30
For the Year Ended December 31, 2011
IA		19.32		0.41		(0.06	)		0.35			(0.33	)		–			–		(0.33	)		19.34
IB		19.55		0.36		(0.05	)		0.31			(0.28	)		–			–		(0.28	)		19.58
For the Year Ended December 31, 2010 (G)
IA		17.47		0.30		1.82			2.12			(0.27	)		–			–		(0.27	)		19.32
IB		17.68		0.26		1.83			2.09			(0.22	)		–			–		(0.22	)		19.55
For the Year Ended December 31, 2009
IA		13.69		0.36		3.78			4.14			(0.36	)		–			–		(0.36	)		17.47
IB		13.85		0.32		3.83			4.15			(0.32	)		–			–		(0.32	)		17.68
For the Year Ended December 31, 2008
IA		20.97		0.50		(7.09	)		(6.59	)		(0.58	)		(0.11	)		–		(0.69	)		13.69
IB		21.18		0.47		(7.17	)		(6.70	)		(0.52	)		(0.11	)		–		(0.63	)		13.85

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Per share amounts have been calculated using the average shares method.

(H) During the year ended December 31, 2010, the Fund incurred $204.5 million in purchases associated with the transition of assets from Hartford Global Advisers HLS Fund, which merged into the Fund on March 19, 2010. These purchases were excluded from the portfolio turnover calculation.

30

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	9.71	%(E)	$	2,781,460		0.65	%(F)		0.65	%(F)		1.82	%(F)		13	%
	9.57	(E)		402,559		0.90	(F)		0.90	(F)		1.57	(F)		–
	12.02			2,754,114		0.65			0.65			1.98			28
	11.74			406,156		0.90			0.90			1.73			–
	1.86			2,959,019		0.64			0.64			1.84			34
	1.61			455,939		0.89			0.89			1.59			–
	12.14			3,539,983		0.65			0.65			1.68			65	(H)
	11.86			556,169		0.90			0.90			1.43			–
	30.29			3,607,929		0.65			0.65			2.15			73
	29.96			578,338		0.90			0.90			1.90			–
	(31.64	)		3,404,626		0.63			0.63			2.43			76
	(31.81	)		548,899		0.88			0.88			2.18			–

31

Hartford Balanced HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

32

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

33

Hartford Balanced HLS Fund

 Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

34

Hartford Balanced HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,097.10	$	3.38	$	1,000.00	$	1,021.57	$	3.26		0.65	%	181	365
Class IB	$	1,000.00	$	1,095.70	$	4.68	$	1,000.00	$	1,020.33	$	4.51		0.90	%	181	365

35

Hartford Balanced HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Asset Allocation Strategy Risk: The portfolio managers’ asset allocation strategy may not always work as intended, and asset allocation does not guarantee better performance or reduce the risk of investment loss.

Fixed Income Risk: The Fund is subject to interest rate risk (the risk that the value of an investment decreases when interest rates rise) and credit risk (the risk that the issuing company of a security is unable to pay interest and principal when due) and call risk (the risk that an investment may be redeemed early).

Mortgage-Backed Securities Risk: Mortgage-backed securities are subject to interest rate risk, credit risk, prepayment risk, extension risk, and the risk that an investment’s value may be reduced or become worthless if it receives interest or income payments only after other investments in the same pool.

36

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-B13 8-13 114608 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD CAPITAL APPRECIATION HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Capital Appreciation HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	13
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	14
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	15
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	16
Notes to Financial Statements (Unaudited)	17
Financial Highlights (Unaudited)	30
Directors and Officers (Unaudited)	32
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	34
Quarterly Portfolio Holdings Information (Unaudited)	34
Expense Example (Unaudited)	35
Principal Risks (Unaudited)	36

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Capital Appreciation HLS Fund inception 04/02/1984

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks growth of capital.

Performance Overview   6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
Capital Appreciation IA		16.91%		28.57%		4.46%		10.25%
Capital Appreciation IB		16.75%		28.24%		4.20%		9.98%
Russell 3000 Index		14.06%		21.46%		7.25%		7.81%
S&P 500 Index		13.82%		20.58%		7.00%		7.29%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.67% and 0.92%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

2

Hartford Capital Appreciation HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Saul J. Pannell, CFA	Kent M. Stahl, CFA	Peter I. Higgins, CFA
Senior Vice President and Equity Portfolio Manager	Senior Vice President and Director, Investments and Risk Managment	Senior Vice President and Equity Portfolio Manager
Paul E. Marrkand, CFA	Nicolas M. Choumenkovitch	Donald J. Kilbride
Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager
Stephen Mortimer	David W. Palmer, CFA	Francis J. Boggan, CFA
Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager
Gregg R. Thomas, CFA*
Vice President and Director, Risk Management
*Appointed as a Portfolio Manager for the Fund as of 2013.

How did the Fund perform?

The Class IA shares of the Hartford Capital Appreciation HLS Fund returned 16.91% for the six-month period ended June 30, 2013, outperforming its benchmark, the Russell 3000 Index, which returned 14.06% for the same period. The Fund also outperformed the 10.99% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+14%), as measured by the Russell 3000 Index, gained during the six-month period. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

Within the Russell 3000 Index,Consumer Discretionary (+20%), Health Care (+20%) and Financials (+18%) posted the strongest gains. Materials (+2%), Information Technology (+7%) and Energy (+10%) lagged on a relative basis.

The Fund outperformed its benchmark due primarily to strong stock selection in the Information Technology, Financials, and Industrials sectors. Stock selection was weaker within the Materials and Energy sectors. Sector allocation, a residual of our bottom-up security selection process, also contributed to relative performance primarily as a result of an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to Consumer Discretionary.

The top contributors to relative performance included Apple (Information Technology), Best Buy (Consumer Discretionary) and MBIA Insurance (Financials). Apple is a U.S.-based designer, manufacturer, and retailer of a range of personal electronic products. Shares of Apple declined during the period as a result of weaker guidance and slowing growth. Our underweight position in the security contributed to benchmark-relative performance. Shares of U.S.-based electronics retailer Best Buy climbed during the period in part due to an announcement that it would divest its interest in a European joint venture (JV) to its partner in the JV, Carphone Warehouse. U.S.-based insurance company MBIA Insurance outperformed after reporting positive earnings results and announcing the settlement of the legal action previously brought against the company by Aurelius Capital Master. Hertz Global (Industrials) and Gilead Sciences (Health Care) were also top contributors to absolute performance (i.e. total return).

The largest detractors from relative returns were Barrick Gold (Materials), JC Penney (Consumer Discretionary), and AuRico Gold (Materials). Barrick Gold, a Canadian based gold exploration and mining company, saw shares decline as

3

Hartford Capital Appreciation HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

the spot price of gold continued to deteriorate and miners continued to reduce earnings forecasts. Shares of department store operator JC Penney fell as a result of soft earnings attributed to both slow same store sales and a decline in gross margins. Shares of Canadian-based gold producer AuRico Gold underperformed during the period as gold equities experienced broad declines. Apple (Information Technology) was also a large detractor from absolute performance.

What is the outlook?

Looking forward to the third quarter, we believe that we are in a limbo period in which investors are unsure of both the timing and magnitude of future interest rate increases. Our view is that although uncertainty among investors is causing some consternation in the markets, the environment will normalize as rates moderate over the next several months. We don’t anticipate a material increase in rates from current levels during the year. We believe that the current environment is conducive to stock picking. While we felt valuations were overpriced without being backed up by fundamentals last year at this time, we now believe that fundamentals are improving. We are finding compelling opportunities to invest in companies that we believe have strong fundamentals and we believe are trading at reasonable valuations. Given our unconstrained approach, we continue to look for compelling opportunities for capital appreciation across the market cap spectrum, and remain focused on company specifics, which we believe should continue to drive the portfolio’s overall positioning.

As a result of our bottom-up investment process, at the end of the period the Fund was most overweight the Consumer Discretionary, Information Technology, and Industrials sectors relative to the benchmark. The Fund was most underweight the Financials, Consumer Staples and Utilities sectors at the end of the period relative to the benchmark.

Diversification by Industry

as of June 30, 2013

Industry (Sector)	Percentage of Net Assets
Equity Securities
Automobiles and Components (Consumer Discretionary)		4.3	%
Banks (Financials)		2.9
Capital Goods (Industrials)		6.8
Commercial and Professional Services (Industrials)		0.8
Consumer Durables and Apparel (Consumer Discretionary)		1.3
Consumer Services (Consumer Discretionary)		2.2
Diversified Financials (Financials)		6.6
Energy (Energy)		8.5
Food and Staples Retailing (Consumer Staples)		2.5
Food, Beverage and Tobacco (Consumer Staples)		3.6
Health Care Equipment and Services (Health Care)		2.9
Household and Personal Products (Consumer Staples)		0.6
Insurance (Financials)		4.7
Materials (Materials)		3.5
Media (Consumer Discretionary)		3.0
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		10.4
Real Estate (Financials)		0.6
Retailing (Consumer Discretionary)		7.6
Semiconductors and Semiconductor Equipment (Information Technology)		4.7
Software and Services (Information Technology)		9.2
Technology Hardware and Equipment (Information Technology)		5.2
Telecommunication Services (Services)		0.9
Transportation (Industrials)		5.4
Utilities (Utilities)		1.5
Total		99.7	%
Short-Term Investments		1.9
Other Assets and Liabilities		(1.6	)
Total		100.0	%

4

Hartford Capital Appreciation HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.5%
		Automobiles and Components - 4.3%
	125	Allison Transmission Holdings, Inc.	$	2,885
	344	Dana Holding Corp.		6,629
	65	Delphi Automotive plc		3,269
	8,558	Ford Motor Co.		132,394
	249	General Motors Co. ●		8,279
	2,794	Goodyear (The) Tire & Rubber Co. ●		42,724
	209	Harley-Davidson, Inc.		11,483
	172	Hyundai Motor Co., Ltd.		33,676
	1,720	Isuzu Motors Ltd.		11,758
	283	Tenneco Automotive, Inc. ●		12,820
	775	TRW Automotive Holdings Corp. ●		51,496
				317,413
		Banks - 2.9%
	10,194	Mitsubishi UFJ Financial Group, Inc.		62,954
	677	Oversea-Chinese Banking Corp., Ltd.		5,321
	1,037	PNC Financial Services Group, Inc.		75,605
	1,687	Wells Fargo & Co.		69,611
				213,491
		Capital Goods - 6.8%
	140	3M Co.		15,287
	208	AGCO Corp.		10,459
	246	AMETEK, Inc.		10,414
	292	Armstrong World Industries, Inc. ●		13,934
	157	Assa Abloy Ab		6,145
	1,445	BAE Systems plc		8,417
	275	Belden, Inc.		13,714
	43	Boeing Co.		4,401
	464	Cummins, Inc.		50,336
	88	Dover Corp.		6,811
	196	Eaton Corp. plc		12,892
	4	Esterline Technologies Corp. ●		304
	195	Flowserve Corp.		10,544
	276	HD Supply Holdings, Inc. ●☼		5,178
	20	Honeywell International, Inc.		1,601
	165	Illinois Tool Works, Inc.		11,420
	2,490	Itochu Corp.		28,794
	1,829	KBR, Inc.		59,456
	124	Lockheed Martin Corp.		13,502
	159	Northrop Grumman Corp.		13,127
	254	Owens Corning, Inc. ●		9,931
	80	Parker-Hannifin Corp.		7,665
	193	Polypore International, Inc. ●		7,782
	416	Rexel S.A.		9,366
	2,278	Rolls-Royce Holdings plc		39,232
	872	Safran S.A.		45,531
	118	Schneider Electric S.A.		8,564
	82	Siemens AG		8,343
	264	SKF AB Class B		6,177
	118	Stanley Black & Decker, Inc.		9,137
	213	Textron, Inc.		5,549
	218	Titan International, Inc.		3,678
	61	TransDigm Group, Inc.		9,532
	137	United Technologies Corp.		12,742
	350	WESCO International, Inc. ●		23,802
				503,767
		Commercial and Professional Services - 0.8%
	228	Edenred		6,969
	304	Herman Miller, Inc.		8,237
	51	IHS, Inc. ●		5,349
	209	Knoll, Inc.		2,967
	1,037	Nielsen Holdings N.V.		34,834
	103	Wageworks, Inc. ●		3,531
				61,887
		Consumer Durables and Apparel - 1.3%
	78	Coach, Inc.		4,431
	578	D.R. Horton, Inc.		12,307
	53	De'Longhi S.p.A.		821
	710	Fifth & Pacific Cos., Inc. ●		15,852
	95	Fossil Group, Inc. ●		9,799
	293	Mattel, Inc.		13,271
	173	PVH Corp.		21,584
	207	Tempur Sealy International, Inc. ●		9,095
	376	Vera Bradley, Inc. ●		8,149
	45	Whirlpool Corp.		5,132
				100,441
		Consumer Services - 2.2%
	87	American Public Education, Inc. ●		3,222
	251	Bloomin' Brands, Inc. ●		6,233
	60	Buffalo Wild Wings, Inc. ●		5,841
	325	Burger King Worldwide, Inc.		6,336
	923	Compass Group plc		11,793
	114	DeVry, Inc.		3,535
	256	Dunkin' Brands Group, Inc.		10,953
	435	Grand Canyon Education, Inc. ●		14,010
	117	ITT Educational Services, Inc. ●		2,843
	86	Life Time Fitness, Inc. ●		4,330
	217	Melco PBL Entertainment Ltd. ADR ●		4,852
	2,420	MGM China Holdings Ltd.		6,423
	27	Penn National Gaming, Inc. ●		1,438
	178	Starbucks Corp.		11,638
	216	Tim Hortons, Inc.		11,706
	904	Wyndham Worldwide Corp.		51,758
	880	Wynn Macau Ltd.		2,366
	110	Yum! Brands, Inc.		7,641
				166,918
		Diversified Financials - 6.6%
	544	Ameriprise Financial, Inc.		43,990
	221	Banca Generali S.p.A.		4,775
	1,224	Bank of America Corp.		15,747
	206	BlackRock, Inc.		52,947
	1,218	Citigroup, Inc.		58,406
	433	Credit Suisse Group AG		11,459
	1,538	E*Trade Financial Corp. ●		19,469
	321	IntercontinentalExchange, Inc. ●		57,118
	210	Invesco Ltd.		6,682
	3,021	JP Morgan Chase & Co.		159,489
	540	Julius Baer Group Ltd.		21,089
	186	LPL Financial Holdings, Inc.		7,017
	19	Partners Group		5,138
	396	Platform Acquisition Holdings Ltd. ●		4,241
	75	Solar Cayman Ltd. ⌂■●†		5
	389	Waddell & Reed Financial, Inc. Class A		16,935
	342	Wisdomtree Investment, Inc. ●		3,955
				488,462
		Energy - 8.5%
	511	Anadarko Petroleum Corp.		43,902
	234	Atwood Oceanics, Inc. ●		12,181
	595	Baker Hughes, Inc.		27,465

The accompanying notes are an integral part of these financial statements.

5

Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.5% - (continued)
		Energy - 8.5% - (continued)
	4,178	BG Group plc	$	71,002
	1,357	BP plc		9,415
	1,362	BP plc ADR		56,830
	76	Cabot Oil & Gas Corp.		5,395
	168	Cameron International Corp. ●		10,279
	408	Canadian Natural Resources Ltd. ADR		11,522
	1,556	Chesapeake Energy Corp.		31,715
	126	Chevron Corp.		14,863
	1,880	Cobalt International Energy, Inc. ●		49,953
	125	Continental Resources, Inc. ●		10,723
	65	Diamond Offshore Drilling, Inc.		4,492
	104	Exxon Mobil Corp.		9,387
	1,161	Halliburton Co.		48,428
	4,665	JX Holdings, Inc.		22,526
	3,260	Karoon Gas Australia Ltd. ●		15,170
	438	Kior, Inc. ●		2,504
	1,264	McDermott International, Inc. ●		10,343
	159	National Oilwell Varco, Inc.		10,974
	218	Newfield Exploration Co. ●		5,219
	222	Occidental Petroleum Corp.		19,835
	259	Petroleo Brasileiro S.A. ADR		3,480
	221	Pioneer Natural Resources Co.		32,020
	347	QEP Resources, Inc.		9,650
	107	Royal Dutch Shell plc ADR		7,064
	572	Southwestern Energy Co. ●		20,886
	249	Statoil ASA		5,143
	269	Suncor Energy, Inc.		7,939
	243	Superior Energy Services, Inc. ●		6,311
	105	TGS Nopec Geophysical Co. ASA		3,053
	114	Transocean, Inc.		5,447
	508	Trican Well Service Ltd. ☼		6,757
	146	Valero Energy Corp.		5,079
	256	Whiting Petroleum Corp. ●		11,792
				628,744
		Food and Staples Retailing - 2.5%
	1,512	CVS Caremark Corp.		86,454
	157	FamilyMart Co., Ltd.		6,699
	1,795	Kroger (The) Co.		61,999
	171	Seven & I Holdings Co., Ltd.		6,270
	1,274	Tesco plc		6,416
	185	Wal-Mart Stores, Inc.		13,796
	113	Whole Foods Market, Inc.		5,831
				187,465
		Food, Beverage and Tobacco - 3.6%
	662	Anheuser-Busch InBev N.V.		59,606
	131	Anheuser-Busch InBev N.V. ADR		11,795
	162	British American Tobacco plc		8,285
	267	Coca-Cola Co.		10,723
	66	Diageo plc ADR		7,583
	238	Green Mountain Coffee Roasters, Inc. ●		17,855
	96	Groupe Danone		7,195
	43	Hillshire (The) Brands Co.		1,426
	362	Imperial Tobacco Group plc		12,553
	335	Kraft Foods Group, Inc.		18,692
	31,747	LT Group, Inc.		16,580
	784	Maple Leaf Foods, Inc. w/ Rights		10,904
	182	Molson Coors Brewing Co.		8,698
	258	Monster Beverage Corp. ●		15,662
	66	Nutreco Holding N.V.		2,775
	321	PepsiCo, Inc.		26,291
	244	Philip Morris International, Inc.		21,163
	267	Unilever N.V. NY Shares ADR		10,500
				268,286
		Health Care Equipment and Services - 2.9%
	92	Aetna, Inc.		5,836
	3,118	Boston Scientific Corp. ●		28,905
	705	Cardinal Health, Inc.		33,289
	9,120	CareView Communications, Inc. ●		5,016
	160	Catamaran Corp. ●		7,771
	22	Cie Generale d'Optique Essilor International S.A.		2,310
	148	CIGNA Corp.		10,698
	446	Covidien plc		28,014
	21	Heartware International, Inc. ●		1,991
	981	Hologic, Inc. ●		18,927
	774	Medtronic, Inc.		39,813
	247	St. Jude Medical, Inc.		11,264
	68	Team Health Holdings ●		2,799
	297	UnitedHealth Group, Inc.		19,469
				216,102
		Household and Personal Products - 0.6%
	295	Coty, Inc. ●		5,062
	172	Estee Lauder Co., Inc.		11,280
	70	Reckitt Benckiser Group plc		4,956
	904	Svenska Cellulosa Ab B Shares		22,680
				43,978
		Insurance - 4.7%
	218	ACE Ltd.		19,524
	390	Aflac, Inc. ‡		22,642
	3,159	AIA Group Ltd.		13,308
	2,756	American International Group, Inc. ●		123,208
	77	Aon plc		4,972
	553	Assured Guaranty Ltd.		12,193
	551	AXA S.A.		10,857
	1,646	China Pacific Insurance Co., Ltd.		5,218
	400	Fidelity National Financial, Inc.		9,524
	344	Lincoln National Corp.		12,535
	426	Marsh & McLennan Cos., Inc.		17,014
	432	MetLife, Inc.		19,767
	151	Principal Financial Group, Inc.		5,661
	198	Reinsurance Group of America, Inc.		13,704
	177	Swiss Re Ltd.		13,193
	570	T&D Holdings, Inc.		7,625
	353	Tokio Marine Holdings, Inc.		11,136
	257	Unum Group		7,559
	352	XL Group plc		10,662
	25	Zurich Financial Services AG		6,423
				346,725
		Materials - 3.5%
	118	Agnico-Eagle Mines Ltd.		3,263
	99	Air Liquide		12,267
	193	Akzo Nobel N.V.		10,877
	836	Allied Nevada Gold Corp. ●		5,416
	3,149	AuRico Gold, Inc.		13,760
	3,582	Barrick Gold Corp.		56,387
	365	Cabot Corp.		13,659
	1,822	Continental Gold Ltd. ●		5,716
	63	Crown Holdings, Inc. ●		2,600

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.5% - (continued)
		Materials - 3.5% - (continued)
	492	Dow Chemical Co.	$	15,813
	3,000	Glencore Xstrata plc		12,419
	412	International Paper Co.		18,269
	278	JSR Corp.		5,629
	279	Louisiana-Pacific Corp. ●		4,126
	261	Methanex Corp. ADR		11,178
	7,696	Mitsui Chemicals, Inc.		17,325
	1,290	Molycorp, Inc. ●		7,997
	34	Monsanto Co.		3,315
	177	Mosaic Co.		9,546
	368	Norbord, Inc.		10,638
	145	Reliance Steel & Aluminum		9,521
	82	Rock Tenn Co. Class A		8,163
	161	SunCoke Energy, Inc. ●		2,253
				260,137
		Media - 2.8%
	206	CBS Corp. Class B		10,069
	145	Comcast Corp. Class A		6,063
	30	Harvey Weinstein Co. Holdings Class A-1 ⌂●†∞		—
	25	Imax Corp. ●		614
	2,355	Interpublic Group of Cos., Inc.		34,265
	540	Omnicom Group, Inc.		33,946
	716	Pandora Media, Inc. ●		13,175
	92	Publicis Groupe		6,520
	115	Time Warner Cable, Inc.		12,902
	1,073	Time Warner, Inc.		62,033
	204	Walt Disney Co.		12,861
	1,076	WPP plc		18,397
				210,845
		Pharmaceuticals, Biotechnology and Life Sciences - 10.4%
	42	Actavis, Inc. ●		5,333
	95	Actelion Ltd.		5,702
	132	Agilent Technologies, Inc.		5,664
	188	Alkermes plc ●		5,403
	637	Almirall S.A.		8,098
	235	Amgen, Inc.		23,141
	2,337	Arena Pharmaceuticals, Inc. ●		17,998
	103	AstraZeneca plc		4,849
	1,232	AVANIR Pharmeceuticals, Inc. ●		5,669
	28	Biogen Idec, Inc. ●		6,132
	1,676	Bristol-Myers Squibb Co.		74,890
	122	Bruker Corp. ●		1,975
	247	Celgene Corp. ●		28,905
	71	Covance, Inc. ●		5,439
	480	Daiichi Sankyo Co., Ltd.		7,994
	51	Eli Lilly & Co.		2,522
	2,372	Gilead Sciences, Inc. ●		121,480
	435	Johnson & Johnson		37,371
	2,095	Merck & Co., Inc.		97,305
	100	Novartis AG ADR		7,047
	68	Onyx Pharmaceuticals, Inc. ●		5,906
	419	Pfizer, Inc.		11,745
	49	Regeneron Pharmaceuticals, Inc. ●		11,120
	246	Roche Holding AG		61,167
	55	Salix Pharmaceuticals Ltd. ●		3,654
	3,555	Teva Pharmaceutical Industries Ltd. ADR		139,361
	3,994	TherapeuticsMD, Inc. ●		12,100
	429	Vertex Pharmaceuticals, Inc. ●		34,260
	453	WuXi PharmaTech Cayman, Inc. ●		9,513
	411	Zoetis, Inc.		12,692
				774,435
		Real Estate - 0.6%
	92	AvalonBay Communities, Inc. REIT		12,374
	59	Boston Properties, Inc. REIT		6,209
	348	Host Hotels & Resorts, Inc. REIT		5,866
	152	Realogy Holdings Corp. ●		7,278
	33	Unibail Rodamco REIT		7,715
	191	Weyerhaeuser Co. REIT		5,427
	32	Zillow, Inc. ●		1,813
				46,682
		Retailing - 7.6%
	116	Abercrombie & Fitch Co. Class A		5,241
	353	Aeropostale, Inc. ●		4,871
	8,452	Allstar Co. ⌂●†		17,528
	19	Amazon.com, Inc. ●		5,309
	658	Ascena Retail Group, Inc. ●		11,478
	117	AutoZone, Inc. ●		49,487
	3,484	Best Buy Co., Inc.		95,222
	29,055	Buck Holdings L.P. ⌂●†		8,822
	177	Buckle (The), Inc.		9,222
	160	Chico's FAS, Inc.		2,724
	145	Dick's Sporting Goods, Inc.		7,238
	192	Dollar Tree, Inc. ●		9,739
	84	Dollarama, Inc.		5,851
	69	DSW, Inc.		5,061
	34	Dufry Group ●		4,152
	344	Five Below, Inc. ●		12,644
	181	Francescas Holding Corp. ●		5,019
	476	GameStop Corp. Class A		19,990
	146	Gap, Inc.		6,072
	106	GNC Holdings, Inc.		4,668
	1,129	Groupon, Inc. ●		9,596
	76	HomeAway, Inc. ●		2,472
	12,299	Intime Department Store Group Co., Ltd.		11,911
	1,076	Liberty Media - Interactive A ●		24,754
	331	LKQ Corp. ●		8,523
	1,460	Lowe's Cos., Inc.		59,712
	893	Marks & Spencer Group plc		5,843
	123	Men's Wearhouse, Inc.		4,644
	23	Netflix, Inc. ●		4,954
	221	Pier 1 Imports, Inc.		5,201
	56	Priceline.com, Inc. ●		46,252
	535	Rakuten, Inc.		6,330
	76	Sears Hometown and Outlet Stores, Inc. ●		3,301
	489	Start Today Co., Ltd.		9,575
	251	Target Corp.		17,278
	876	TJX Cos., Inc.		43,874
	105	TripAdvisor, Inc. ●		6,365
	81	Urban Outfitters, Inc. ●		3,257
				564,180
		Semiconductors and Semiconductor Equipment - 4.7%
	220	Altera Corp.		7,253
	312	Analog Devices, Inc.		14,072
	238	ASML Holding N.V.		18,826
	518	Broadcom Corp. Class A		17,493
	2,084	GT Advanced Technologies, Inc. ●		8,648
	3,688	Intel Corp.		89,325
	393	Maxim Integrated Products, Inc.		10,915

The accompanying notes are an integral part of these financial statements.

7

Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.5% - (continued)
		Semiconductors and Semiconductor Equipment - 4.7% - (continued)
	4,378	Micron Technology, Inc. ●	$	62,731
	594	NXP Semiconductors N.V. ●		18,416
	10	Samsung Electronics Co., Ltd.		11,674
	606	Skyworks Solutions, Inc. ●		13,261
	3,227	SunEdison, Inc. ●		26,364
	1,676	Teradyne, Inc. ●		29,446
	506	Xilinx, Inc.		20,057
				348,481
		Software and Services - 9.2%
	89	Accenture plc		6,426
	596	Activision Blizzard, Inc.		8,504
	972	Akamai Technologies, Inc. ●		41,339
	914	Amadeus IT Holding S.A. Class A		29,265
	233	Autodesk, Inc. ●		7,921
	190	Automatic Data Processing, Inc.		13,080
	80	BMC Software, Inc. ●		3,622
	370	Booz Allen Hamilton Holding Corp.		6,438
	519	Cadence Design Systems, Inc. ●		7,508
	493	Check Point Software Technologies Ltd. ADR ●		24,476
	196	Citrix Systems, Inc. ●		11,837
	116	Cognizant Technology Solutions Corp. ●		7,244
	105	Concur Technologies, Inc. ●		8,535
	40	Cornerstone OnDemand, Inc. ●		1,719
	252	DeNa Co., Ltd.		4,941
	218	Dropbox, Inc. ⌂●†		1,986
	305	eBay, Inc. ●		15,780
	188	Facebook, Inc. ●		4,682
	1,821	Genpact Ltd.		35,035
	254	Global Payments, Inc.		11,761
	71	Google, Inc. ●		62,504
	503	IAC/InterActiveCorp.		23,935
	704	iGate Corp. ●		11,568
	106	Imperva, Inc. ●		4,757
	204	Kakaku.com, Inc.		6,230
	62	LinkedIn Corp. Class A ●		11,104
	4,067	Microsoft Corp.		140,445
	76	Open Text Corp.		5,211
	1,148	Oracle Corp.		35,263
	99	Red Hat, Inc. ●		4,723
	327	ServiceNow, Inc. ●		13,219
	61	Symantec Corp.		1,366
	135	Teradata Corp. ●		6,767
	160	Trulia, Inc. ●		4,985
	24	Visa, Inc.		4,438
	82	VMware, Inc. ●		5,466
	585	Web.com Group, Inc. ●		14,981
	303	Western Union Co.		5,190
	30	Workday, Inc. Class A ●		1,905
	2,583	Yahoo!, Inc. ●		64,855
	1,463	Zynga, Inc. ●		4,066
				685,077
		Technology Hardware and Equipment - 5.2%
	4,453	Alcatel - Lucent ADR ●		8,104
	67	Apple, Inc.		26,507
	6,205	Cisco Systems, Inc.		150,855
	2,574	EMC Corp.		60,806
	429	Hewlett-Packard Co.		10,647
	1,815	JDS Uniphase Corp. ●		26,096
	564	Juniper Networks, Inc. ●		10,891
	11,344	Lenovo Group Ltd.		10,210
	197	Motorola Solutions, Inc.		11,361
	183	National Instruments Corp.		5,110
	279	NetApp, Inc. ●		10,539
	310	QLogic Corp. ●		2,962
	1,981	Quanta Computer, Inc.		4,261
	735	SanDisk Corp. ●		44,895
	12	Seagate Technology plc		548
				383,792
		Telecommunication Services - 0.9%
	461	Hellenic Telecommunications Organization S.A.		3,604
	686	Intelsat S.A. ●		13,728
	3,116	Portugal Telecom SGPS S.A.		12,124
	95	SoftBank Corp.		5,522
	307	Telenor ASA		6,101
	365	T-Mobile US, Inc.		9,055
	143	Verizon Communications, Inc.		7,179
	2,450	Vodafone Group plc		7,020
	222	Vodafone Group plc ADR		6,384
				70,717
		Transportation - 5.4%
	2,919	AirAsia X Berhad ●☼		1,155
	232	C.H. Robinson Worldwide, Inc.		13,048
	84	Canadian National Railway Co.		8,159
	1,649	Delta Air Lines, Inc. ●		30,862
	91	FedEx Corp.		8,971
	5,073	Hertz Global Holdings, Inc. ●		125,818
	5,343	JetBlue Airways Corp. ●		33,658
	122	Kansas City Southern		12,962
	596	Knight Transportation, Inc.		10,021
	87	Union Pacific Corp.		13,345
	3,040	United Continental Holdings, Inc. ●		95,133
	530	United Parcel Service, Inc. Class B		45,804
				398,936
		Utilities - 1.5%
	546	Calpine Corp. ●		11,591
	7,339	China Longyuan Power Group Corp.		7,546
	276	Companhia Energetica de Minas Gerais ADR		2,479
	162	Entergy Corp.		11,293
	346	National Grid plc		3,926
	1,280	NRG Energy, Inc.		34,171
	1,633	Snam S.p.A.		7,436
	342	UGI Corp.		13,368
	730	Xcel Energy, Inc.		20,689
				112,499
		Total common stocks
		(cost $6,484,218)	$	7,399,460
PREFERRED STOCKS - 0.2%
		Media - 0.2%
	388	ProSieben Sat.1 Media AG	$	16,642
		Total preferred stocks
		(cost $15,512)	$	16,642

The accompanying notes are an integral part of these financial statements.

8

Shares or Principal Amount					Market Value ╪
WARRANTS - 0.0%
		Pharmaceuticals, Biotechnology and Life Sciences - 0.0%
	510	Novavax, Inc. ⌂●			$	—
		Telecommunication Services - 0.0%
	396	Platform Acquisition ⌂				—
		Total warrants
		(cost $4)			$	—
		Total long-term investments (cost $6,499,734)			$	7,416,102
SHORT-TERM INVESTMENTS - 1.9%
Repurchase Agreements - 1.9%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $527, collateralized by GNMA 3.00%, 2042, value of $536)
$	527	0.13%, 6/28/2013			$	527
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $21,764, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $22,149)
	21,764	0.12%, 6/28/2013				21,764
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $11,203, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $11,397)
	11,203	0.15%, 6/28/2013				11,203
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $15,082, collateralized by U.S. Treasury Note 3.13%, 2021, value of $15,331)
	15,082	0.10%, 6/28/2013				15,082
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $44,445, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $45,114)
	44,445	0.10%, 6/28/2013				44,445
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $527, collateralized by FNMA 4.50%, 2035, value of $536)
	527	0.25%, 6/28/2013				527
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $17,824, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $18,181)
	17,824	0.10%, 6/28/2013				17,824
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $31,432, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $31,968)
	31,432	0.12%, 6/28/2013				31,432
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $454, collateralized by U.S. Treasury Note 0.63%, 2014, value of $463)
	454	0.09%, 6/28/2013				454
						143,258
		Total short-term investments
		(cost $143,258)			$	143,258
		Total investments
		(cost $6,642,992) ▲	101.6	%	$	7,559,360
		Other assets and liabilities	(1.6	)%		(121,851	)
		Total net assets	100.0	%	$	7,437,509

The accompanying notes are an integral part of these financial statements.

9

Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $6,813,450 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,128,932
Unrealized Depreciation		(383,022	)
Net Unrealized Appreciation	$	745,910

† These securities were valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company's Board of Directors.  At June 30, 2013, the aggregate value of these securities was $28,341, which represents 0.4% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

● Non-income producing.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $5, which rounds to zero percent of total net assets.

∞ Securities exempt from registration under Regulation D of the Securities Act of 1933.  The Fund may only be able to resell these securities if they are subsequently registered or if an exemption from registration under the federal and state securities laws is available.  Unless otherwise indicated, these holdings are determined to be liquid.  At June 30, 2013, the aggregate value and percentage of net assets of these securities rounds to zero.

⌂ 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
08/2011		8,452	Allstar Co.	$	4,994
06/2007		29,055	Buck Holdings L.P.		1,942
05/2012		218	Dropbox, Inc.		1,972
10/2005		30	Harvey Weinstein Co. Holdings Class A-1  - Reg D		27,951
07/2008		510	Novavax, Inc. Warrants		–
05/2013		396	Platform Acquisition Warrants		4
03/2007		75	Solar Cayman Ltd.  - 144A		22

At June 30, 2013, the aggregate value of these securities was $28,341, which represents 0.4% of total net assets.

☼ This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $6,095 at June 30, 2013.

‡ 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.

10

Foreign Currency Contracts Outstanding at June 30, 2013

Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
AUD	Sell	07/01/2013	CBA	$	1,083	$	1,062	$	21
AUD	Sell	07/02/2013	DEUT		870		855		15
AUD	Sell	07/03/2013	NAB		833		824		9
CAD	Buy	07/03/2013	BCLY		27		27		–
CHF	Buy	07/01/2013	BCLY		255		255		–
CHF	Buy	07/02/2013	UBS		2		2		–
CHF	Buy	07/03/2013	UBS		219		219		–
CHF	Sell	07/03/2013	UBS		128		128		–
EUR	Buy	07/01/2013	DEUT		292		292		–
EUR	Buy	07/02/2013	DEUT		1,849		1,846		(3	)
EUR	Buy	07/03/2013	HSBC		175		175		–
EUR	Sell	07/03/2013	HSBC		63		63		–
GBP	Buy	07/01/2013	BCLY		6,142		6,096		(46	)
GBP	Buy	07/03/2013	BCLY		4,010		4,010		–
GBP	Buy	07/02/2013	UBS		4,593		4,581		(12	)
GBP	Sell	07/01/2013	NAB		1,518		1,507		11
HKD	Buy	07/02/2013	DEUT		7,230		7,231		1
HKD	Buy	07/03/2013	JPM		340		340		–
HKD	Sell	07/02/2013	DEUT		509		509		–
HKD	Sell	07/03/2013	JPM		1,912		1,912		–
JPY	Buy	07/02/2013	BCLY		1,028		1,017		(11	)
JPY	Buy	12/12/2013	CBK		45,614		45,506		(108	)
JPY	Buy	12/12/2013	CSFB		37,182		35,298		(1,884	)
JPY	Buy	07/03/2013	DEUT		2,752		2,748		(4	)
JPY	Buy	07/01/2013	JPM		508		499		(9	)
JPY	Buy	12/12/2013	UBS		9,336		8,781		(555	)
JPY	Sell	07/02/2013	BCLY		3,150		3,116		34
JPY	Sell	12/12/2013	BCLY		51,668		44,952		6,716
JPY	Sell	12/12/2013	CSFB		24,581		21,424		3,157
JPY	Sell	07/03/2013	DEUT		7,101		7,091		10
JPY	Sell	12/12/2013	DEUT		36,088		29,862		6,226
JPY	Sell	12/12/2013	GSC		24,599		21,424		3,175
JPY	Sell	07/01/2013	JPM		4,084		4,015		69
JPY	Sell	12/12/2013	MSC		36,063		29,862		6,201
JPY	Sell	12/12/2013	UBS		9,267		8,647		620
MYR	Buy	07/08/2013	JPM		1,145		1,166		21
NOK	Buy	07/02/2013	JPM		258		257		(1	)
NOK	Buy	07/03/2013	JPM		258		258		–
SEK	Buy	07/03/2013	JPM		441		441		–
SEK	Sell	07/01/2013	UBS		578		580		(2	)
SGD	Sell	07/02/2013	BCLY		519		518		1
SGD	Sell	07/03/2013	DEUT		1,538		1,535		3
								$	23,655

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

The accompanying notes are an integral part of these financial statements.

11

Hartford Capital Appreciation HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
CBA	Commonwealth Bank of Australia
CBK	Citibank NA
CSFB	Credit Suisse First Boston Corp.
DEUT	Deutsche Bank Securities, Inc.
GSC	Goldman Sachs & Co.
HSBC	HSBC Bank USA
JPM	JP Morgan Chase & Co.
MSC	Morgan Stanley
NAB	National Australia Bank
UBS	UBS AG
Currency Abbreviations:
AUD	Australian Dollar
CAD	Canadian Dollar
CHF	Swiss Franc
EUR	EURO
GBP	British Pound
HKD	Hong Kong Dollar
JPY	Japanese Yen
MYR	Malaysian Ringgit
NOK	Norwegian Krone
SEK	Swedish Krona
SGD	Singapore Dollar
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

12

Hartford Capital Appreciation HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks
Automobiles and Components	$	317,413	$	271,979	$	45,434	$	–
Banks		213,491		145,216		68,275		–
Capital Goods		503,767		343,198		160,569		–
Commercial and Professional Services		61,887		54,918		6,969		–
Consumer Durables and Apparel		100,441		99,620		821		–
Consumer Services		166,918		146,336		20,582		–
Diversified Financials		488,462		445,996		42,461		5
Energy		628,744		502,435		126,309		–
Food and Staples Retailing		187,465		168,080		19,385		–
Food, Beverage and Tobacco		268,286		161,292		106,994		–
Health Care Equipment and Services		216,102		213,792		2,310		–
Household and Personal Products		43,978		16,342		27,636		–
Insurance		346,725		278,965		67,760		–
Materials		260,137		201,620		58,517		–
Media		210,845		185,928		24,917		–
Pharmaceuticals, Biotechnology and Life Sciences		774,435		686,625		87,810		–
Real Estate		46,682		38,967		7,715		–
Retailing		564,180		500,019		37,811		26,350
Semiconductors and Semiconductor Equipment		348,481		336,807		11,674		–
Software and Services		685,077		642,655		40,436		1,986
Technology Hardware and Equipment		383,792		369,321		14,471		–
Telecommunication Services		70,717		36,346		34,371		–
Transportation		398,936		397,781		–		1,155
Utilities		112,499		93,591		18,908		–
Total		7,399,460		6,337,829		1,032,135		29,496
Preferred Stocks		16,642		–		16,642		–
Warrants		–		–		–		–
Short-Term Investments		143,258		–		143,258		–
Total	$	7,559,360	$	6,337,829	$	1,192,035	$	29,496
Foreign Currency Contracts*		26,290		–		26,290		–
Total	$	26,290	$	–	$	26,290	$	–
Liabilities:
Foreign Currency Contracts*		2,635		–		2,635		–
Total	$	2,635	$	–	$	2,635	$	–

♦ For the six-month period ended June 30, 2013, investments valued at $16,496 were transferred from Level 1 to Level 2, and investments valued at $16,367 were transferred from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to:

1) Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1).

2) U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2).

3) Equity investments with no observable trading but a bid or close price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1).

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization		Purchases		Sales			Transfers Into Level 3		Transfers Out of Level 3		Balance as of June 30, 2013
Assets:
Common Stocks	$	34,559	$	13,204	$	(3,006	)*	$	—	$	1,150	$	(16,411	)	$	—	$	—	$	29,496
Total	$	34,559	$	13,204	$	(3,006	)	$	—	$	1,150	$	(16,411	)	$	—	$	—	$	29,496

* Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $(3,006).

The accompanying notes are an integral part of these financial statements.

13

Hartford Capital Appreciation HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $6,642,992)	$	7,559,360
Foreign currency on deposit with custodian (cost $458)		457
Unrealized appreciation on foreign currency contracts		26,290
Receivables:
Investment securities sold		110,988
Fund shares sold		1,346
Dividends and interest		8,250
Total assets		7,706,691
Liabilities:
Unrealized depreciation on foreign currency contracts		2,635
Bank overdraft		249
Payables:
Investment securities purchased		114,292
Fund shares redeemed		150,839
Investment management fees		782
Distribution fees		37
Accrued expenses		348
Total liabilities		269,182
Net assets	$	7,437,509
Summary of Net Assets:
Capital stock and paid-in-capital	$	6,233,883
Undistributed net investment income		36,855
Accumulated net realized gain		226,867
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		939,904
Net assets	$	7,437,509
Shares authorized		5,000,000
Par value	$	0.001
Class IA: Net asset value per share	$	50.71
Shares outstanding		128,752
Net assets	$	6,528,610
Class IB: Net asset value per share	$	50.26
Shares outstanding		18,085
Net assets	$	908,899

The accompanying notes are an integral part of these financial statements.

14

Hartford Capital Appreciation HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	70,001
Interest		65
Less: Foreign tax withheld		(2,754	)
Total investment income, net		67,312
Expenses:
Investment management fees		25,913
Transfer agent fees		3
Distribution fees - Class IB		1,131
Custodian fees		93
Accounting services fees		708
Board of Directors' fees		100
Audit fees		42
Other expenses		542
Total expenses (before fees paid indirectly)		28,532
Commission recapture		(225	)
Custodian fee offset		—
Total fees paid indirectly		(225	)
Total expenses, net		28,307
Net Investment Income		39,005
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions:
Net realized gain on investments		833,709
Net realized loss on purchased options		(205	)
Net realized gain on futures		194
Net realized gain on foreign currency contracts		590
Net realized loss on other foreign currency transactions		(828	)
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		833,460
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		411,363
Net unrealized appreciation of foreign currency contracts		19,938
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(111	)
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		431,190
Net Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		1,264,650
Net Increase in Net Assets Resulting from Operations	$	1,303,655

The accompanying notes are an integral part of these financial statements.

15

Hartford Capital Appreciation HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	39,005		$	111,091
Net realized gain on investments, other financial instruments and foreign currency transactions		833,460			526,059
Net unrealized appreciation of investments and foreign currency transactions		431,190			921,257
Net Increase in Net Assets Resulting from Operations		1,303,655			1,558,407
Distributions to Shareholders:
From net investment income
Class IA		—			(113,065	)
Class IB		—			(10,365	)
Total distributions		—			(123,430	)
Capital Share Transactions:
Class IA
Sold		89,828			251,349
Issued on reinvestment of distributions		—			113,065
Redeemed		(2,475,401	)		(2,056,141	)
Total capital share transactions		(2,385,573	)		(1,691,727	)
Class IB
Sold		36,690			60,463
Issued on reinvestment of distributions		—			10,365
Redeemed		(142,573	)		(460,000	)
Total capital share transactions		(105,883	)		(389,172	)
Net decrease from capital share transactions		(2,491,456	)		(2,080,899	)
Net Decrease in Net Assets		(1,187,801	)		(645,922	)
Net Assets:
Beginning of period		8,625,310			9,271,232
End of period	$	7,437,509		$	8,625,310
Undistributed (distribution in excess of) net investment income	$	36,855		$	(2,150	)
Shares:
Class IA
Sold		1,843			6,122
Issued on reinvestment of distributions		—			2,632
Redeemed		(51,792	)		(49,673	)
Total share activity		(49,949	)		(40,919	)
Class IB
Sold		764			1,472
Issued on reinvestment of distributions		—			243
Redeemed		(2,991	)		(11,267	)
Total share activity		(2,227	)		(9,552	)

The accompanying notes are an integral part of these financial statements.

16

Hartford Capital Appreciation HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Capital Appreciation HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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

17

Hartford Capital Appreciation HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

value pricing by the Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Fixed income investments (other than short term obligations) and non-exchange traded derivatives held by the Fund are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services in accordance with procedures established by the Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values through accepted market modeling and trading and pricing conventions. Inputs to the models may include, but are not limited to, prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models and the bond’s terms and conditions. Generally, the Fund may use fair valuation in regard to fixed income investments when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days.

Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant exchange as of the NYSE Close. In the case of OTC options and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to

18

reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate

19

Hartford Capital Appreciation HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party

20

custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. The Fund, as shown on the Schedule of Investments, had when-issued or delayed-delivery investments as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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

21

Hartford Capital Appreciation HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

currencies relative to the U.S. dollar. The Fund had outstanding foreign currency contracts as shown on the Schedule of Investments as of June 30, 2013.

b) Options Contracts – An option contract is a contract sold by one party to another party that offers the buyer the right, but not the obligation, to buy (call) or sell (put) an investment or other financial asset at an agreed-upon price during a specific period of time or on a specific date. The Fund may write (sell) covered call and put options on futures, swaps (“swaptions”), securities, commodities or currencies. “Covered” means that so long as the Fund is obligated as the writer of an option, it will own either the underlying investments or currency or an option to purchase the same underlying investments 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 investments having a value equal to or greater than the fluctuating market value of the option investment or currency. Writing put options increases the Fund’s exposure to the underlying instrument. Writing call options decreases the Fund’s exposure to the underlying instrument. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that are exercised or closed are added to the proceeds or offset amounts paid on the underlying futures, swap, investment or currency transaction to determine the realized gain or loss. The Fund as a writer of an option has no control over whether the underlying instrument may be sold (call) or purchased (put) and as a result bears the market risk of an unfavorable change in the price of the instrument underlying the written option. There is the risk the Fund may not be able to enter into a closing transaction because of an illiquid market. The Fund may also purchase put and call options. Purchasing call options increases the Fund’s exposure to the underlying instrument. Purchasing put options decreases the Fund’s exposure to the underlying instrument. The Fund pays a premium, which is included on the Fund’s Statement of Assets and Liabilities as an investment and is subsequently marked to market to reflect the current value of the option. Premiums paid for purchasing options that expire are treated as realized losses. Certain options may be purchased with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. The risk associated with purchasing put and call options is generally limited to the premium paid. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. Entering into over-the-counter options also exposes the Fund to counterparty risk. Counterparty risk is the possibility that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of the contractual terms in the agreements. As of June 30, 2013 the Fund had no outstanding purchased options or written options contracts.  There were no transactions involving written options contracts during the six-month period ended June 30, 2013.

c) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Unrealized appreciation on foreign currency contracts	$	—	$	26,290	$	—	$	—	$	—	$	—	$	26,290
Total	$	—	$	26,290	$	—	$	—	$	—	$	—	$	26,290
Liabilities:
Unrealized depreciation on foreign currency contracts	$	—	$	2,635	$	—	$	—	$	—	$	—	$	2,635
Total	$	—	$	2,635	$	—	$	—	$	—	$	—	$	2,635

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

22

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts			Commodity Contracts		Other Contracts		Total
Realized Gain (Loss) on Derivatives Recognized as a Result of Operations:
Net realized loss on purchased options	$	—	$	—	$	—	$	(205	)	$	—	$	—	$	(205	)
Net realized gain on futures		—		—		—		194			—		—		194
Net realized gain on foreign currency contracts		—		590		—		—			—		—		590
Total	$	—	$	590	$	—	$	(11	)	$	—	$	—	$	579
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized appreciation of foreign currency contracts	$	—	$	19,938	$	—	$	—		$	—	$	—	$	19,938
Total	$	—	$	19,938	$	—	$	—		$	—	$	—	$	19,938

d) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	143,258	$	—	$	143,258	$	—		$	(145,675	)	$	—
Unrealized appreciation on foreign currency contracts		26,290		—		26,290		(2,527	)		—			23,763
Total subject to a master netting or similar arrangement	$	169,548	$	—	$	169,548	$	(2,527	)	$	(145,675	)	$	23,763

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Pledged		Net Amount (not less than 0)
Unrealized depreciation on foreign currency contracts	$	2,635	$	—	$	2,635	$	(2,527	)	$	—	$	108
Total subject to a master netting or similar arrangement	$	2,635	$	—	$	2,635	$	(2,527	)	$	—	$	108

23

Hartford Capital Appreciation HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

5. Principal Risks:

a) Credit and Counterparty Risks – Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. Similar to credit risk, the Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The Fund’s investments expose the Fund to various risks including, but not limited to, interest rate, prepayment, extension, foreign currency, and equity risks. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the values of certain fixed income securities held by the Fund are likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income security’s market price to interest rate (i.e., yield) movements. In addition, securities are subject to extension risk. 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 and extension risk are major risks of mortgage backed securities and certain asset backed securities. For certain asset backed securities, the actual maturity may be less than the stated maturity shown in the Schedule of Investments, if applicable. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity. If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net

24

realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	123,430	$	78,001

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	742
Accumulated Capital and Other Losses*		(435,312	)
Unrealized Appreciation †		334,541
Total Accumulated Deficit	$	(100,029	)

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	4,227
Accumulated Net Realized Gain (Loss)		(1,176	)
Capital Stock and Paid-in-Capital		(3,051	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

25

Hartford Capital Appreciation HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	435,312
Total	$	435,312

During the year ended December 31, 2012, the Fund utilized $431,146 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750%
On next $250 million		0.7250%
On next $500 million		0.6750%
On next $1.5 billion		0.6250%
On next $2.5 billion		0.6200%
On next $5 billion		0.6150%
Over $10 billion		0.6100%

26

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

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 Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.66	%
Class IB		0.91

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $4. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

27

Hartford Capital Appreciation HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		—	%		—	%
Total Return Excluding Payment from Affiliate		45.66	%		45.30	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	3,925,592
Sales Proceeds Excluding U.S. Government Obligations		6,229,508

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

28

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

29

Hartford Capital Appreciation HLS Fund

Financial Highlights

– Selected Per-Share Data (A) –

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital			Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	43.37	$	0.27	$	7.07		$	7.34		$	–		$	–		$	–		$	–		$	50.71
IB		43.05		0.18		7.03			7.21			–			–			–			–			50.26
For the Year Ended December 31, 2012
IA		37.20		0.57		6.24			6.81			(0.64	)		–			–			(0.64	)		43.37
IB		36.90		0.52		6.14			6.66			(0.51	)		–			–			(0.51	)		43.05
For the Year Ended December 31, 2011
IA		42.36		0.37		(5.20	)		(4.83	)		(0.33	)		–			–			(0.33	)		37.20
IB		42.00		0.32		(5.20	)		(4.88	)		(0.22	)		–			–			(0.22	)		36.90
For the Year Ended December 31, 2010
IA		36.63		0.30		5.72			6.02			(0.26	)		–			(0.03	)		(0.29	)		42.36
IB		36.32		0.21		5.66			5.87			(0.16	)		–			(0.03	)		(0.19	)		42.00
For the Year Ended December 31, 2009
IA		25.34		0.31		11.27			11.58			(0.29	)		–			–			(0.29	)		36.63
IB		25.14		0.25		11.14			11.39			(0.21	)		–			–			(0.21	)		36.32
For the Year Ended December 31, 2008
IA		52.46		0.46		(22.58	)		(22.12	)		(0.50	)(H)		(4.28	)		(0.22	)(H)		(5.00	)		25.34
IB		52.01		0.39		(22.37	)		(21.98	)		(0.39	)(H)		(4.28	)		(0.22	)(H)		(4.89	)		25.14

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

(H) In 2009, the Fund amended its 2008 federal tax return in order to change an election relating to the recognition and classification of certain net realized losses and ordinary income items. As a result, a portion of the distributions that were made by the Fund during 2008 were reclassified as return of capital. This reclassification had no impact on the total net assets or net asset value of the Fund.

30

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio   Turnover   Rate(D)
	16.91	%(E)	$	6,528,610		0.67	%(F)		0.67	%(F)		0.98	%(F)		48	%
	16.75	(E)		908,899		0.92	(F)		0.92	(F)		0.73	(F)		–
	18.34			7,750,924		0.67			0.67			1.24			142
	18.04			874,386		0.92			0.92			0.99			–
	(11.41	)		8,169,178		0.67			0.67			0.95			113
	(11.62	)		1,102,054		0.92			0.92			0.71			–
	16.50			8,889,906		0.67			0.67			0.77			95
	16.21			1,522,218		0.92			0.92			0.52			–
	45.67	(G)		8,410,214		0.68			0.68			1.03			128
	45.30	(G)		1,595,912		0.93			0.93			0.79			–
	(45.59	)		6,017,984		0.67			0.67			1.12			131
	(45.73	)		1,295,065		0.92			0.92			0.87			–

31

Hartford Capital Appreciation HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

32

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

33

Hartford Capital Appreciation HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

34

Hartford Capital Appreciation HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,169.10	$	3.60	$	1,000.00	$	1,021.47	$	3.36		0.67	%	181	365
Class IB	$	1,000.00	$	1,167.50	$	4.94	$	1,000.00	$	1,020.23	$	4.61		0.92	%	181	365

35

Hartford Capital Appreciation HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objectives.

Small/Mid-Cap Stock Risk: Small- and mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

Foreign Investment & Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.

Asset-Allocation Strategy Risk: The portfolio managers’ asset allocation strategy may not always work as intended, and asset allocation does not guarantee better performance or reduce the risk of investment loss.

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

36

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-CA13 8-13 114609 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD DISCIPLINED EQUITY HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Disciplined Equity HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	8
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	9
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	10
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	11
Notes to Financial Statements (Unaudited)	12
Financial Highlights (Unaudited)	24
Directors and Officers (Unaudited)	26
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	28
Quarterly Portfolio Holdings Information (Unaudited)	28
Expense Example (Unaudited)	29
Principal Risks (Unaudited)	30

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Disciplined Equity HLS Fund inception 05/29/1998

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks growth of capital.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†	1 Year	5 Years	10 Years
Disciplined Equity IA	14.45%	21.58%	6.89%	7.27%
Disciplined Equity IB	14.31%	21.28%	6.62%	7.01%
S&P 500 Index	13.82%	20.58%	7.00%	7.29%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.75% and 1.00%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Disciplined Equity HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Manager

Mammen Chally, CFA

Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Disciplined Equity HLS Fund returned 14.45% for the six-month period ended June 30, 2013, outperforming its benchmark, the S&P 500 Index, which returned 13.82% for the same period. The Fund also outperformed the 13.60% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

Overall equity market performance was positive for the period across all market capitalizations: large cap equities (+14%), mid caps (+15%), and small caps (+16%) all rose as represented by the S&P 500, S&P Midcap 400, and Russell 2000 Indices, respectively.During the six-month period all ten sectors within the S&P 500 Index posted positive returns, led by Health Care (+20%), Consumer Discretionary (+20%), and Financials (+20%).

The Fund outperformed its benchmark due to positive stock selection, which was strongest in Industrials, Financials, and Consumer Staples. This was partially offset by weaker security selection in Information Technology, Materials, and Consumer Discretionary. Allocation among sectors contributed to relative performance.

The largest contributors to benchmark-relative performance were Apple (Information Technology), Actavis (Health Care), and Towers Watson (Industrials). Shares of Apple, a designer, manufacturer, and retailer of a range of personal electronic products, declined on weaker guidance and slowing growth. We were underweight the shares, which positively contributed to relative performance. Shares of a specialty pharmaceutical company Actavis rose after Valeant Pharmaceuticals initiated merger discussions with the company. Management rejected the offer but completed a merger agreement with Warner-Chilcott. Shares of Towers Watson, a global professional services company, outperformed after the firm posted better-than-expected quarterly earnings and management offered solid guidance for the 2013 fiscal year. Top contributors to absolute performance (i.e. total return) also included Gilead Sciences (Health Care) and Wells Fargo (Financials).

The largest detractors from benchmark-relative performance were Microsoft (Information Technology), Teradata (Information Technology), and Oracle (Information Technology). Shares of Microsoft, a U.S.-based technology company, moved higher after the company posted better-than-expected quarterly earnings. The enterprise business continued to deliver strong results, more than offsetting the sluggish consumer business. We were underweight the shares, which detracted from relative performance. Shares of Teradata, a U.S.-based provider of analytic data and business applications, fell amid investors’ fears of increasing competition and declining pricing power. Oracle is a global provider of enterprise database software, hardware and services. A return to growth in their hardware division following the acquisition of Sun Microsystems is taking longer than originally expected. This delay, combined with weakness in public sector spending on Information Technology, has led to poor stock performance. Apple (Information Technology) and Newmont Mining (Materials) also detracted on an absolute basis.

What is the outlook?

We believe the global economy is gradually normalizing. While there are fears among market participants about the Fed reducing its quantitative easing measures, we are not overly concerned as we view this action as a shift from a “surge” in liquidity to becoming a source of steady liquidity. We believe the U.S. economy remains poised for a continued modest

3

Hartford Disciplined Equity HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

recovery as consumer spending is still buoyed by household balance sheet and steady job gains. However, we believe the U.S. is still not creating jobs fast enough and a large part of the reduction in the unemployment rate is due to people dropping out of the labor force. Housing remains in a solid uptrend and we believe the shortage of inventory should boost prices further in the near term.

We believe Europe is gradually healing with growth likely to remain subpar but with the downside risks abating. In China, the transition from an infrastructure, heavy investment spending economy to a more diversified economy has been uneven, but we believe their policy makers have the tools to manage the transition. In our view, China should maintain above average growth. In Japan, we believe that the liquidity boost from accommodative monetary policy and growth recovery should add to the overall world economic recovery.

We seek to identify investment opportunities that have the following characteristics on a relative basis: incrementally improving quality, improving fundamentals, and attractive valuation. Disciplined portfolio construction allows us to assess risk, weight individual positions accordingly, and in the process build a portfolio that focuses largely on stock selection as a way to seek to generate benchmark relative outperformance. We seek to avoid surprises from unintended, uncompensated “risks”.

At the end of the period, our largest overweights (i.e. the Fund’s sector position was greater than the benchmark position) were to Health Care, Industrials, and Consumer Staples, while we remained underweight Financials, Energy, and Telecommunication Services, relative to the benchmark.

Diversification by Industry

as of June 30, 2013 

Industry (Sector)	Percentage of Net Assets
Banks (Financials)		4.1	%
Capital Goods (Industrials)		7.5
Commercial and Professional Services (Industrials)		2.9
Consumer Durables and Apparel (Consumer Discretionary)		1.3
Consumer Services (Consumer Discretionary)		1.6
Diversified Financials (Financials)		6.2
Energy (Energy)		8.8
Food and Staples Retailing (Consumer Staples)		4.0
Food, Beverage and Tobacco (Consumer Staples)		6.4
Health Care Equipment and Services (Health Care)		4.1
Household and Personal Products (Consumer Staples)		0.6
Insurance (Financials)		4.2
Materials (Materials)		2.2
Media (Consumer Discretionary)		2.5
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		13.3
Retailing (Consumer Discretionary)		6.3
Software and Services (Information Technology)		13.0
Technology Hardware and Equipment (Information Technology)		3.9
Telecommunication Services (Services)		1.5
Transportation (Industrials)		0.6
Utilities (Utilities)		3.7
Short-Term Investments		0.0
Other Assets and Liabilities		1.3
Total		100.0	%

4

Hartford Disciplined Equity HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 98.7%
		Banks - 4.1%
	189	PNC Financial Services Group, Inc.	$	13,748
	452	Wells Fargo & Co.		18,637
	184	Zions Bancorporation		5,300
				37,685
		Capital Goods - 7.5%
	170	AMETEK, Inc.		7,181
	102	Boeing Co.		10,447
	117	Dover Corp.		9,048
	127	Eaton Corp. plc		8,327
	146	Illinois Tool Works, Inc.		10,114
	56	TransDigm Group, Inc.		8,751
	166	United Technologies Corp.		15,409
				69,277
		Commercial and Professional Services - 2.9%
	150	Equifax, Inc. ●		8,839
	47	Quintiles Transnational Holdings ●		2,005
	130	Towers Watson & Co.		10,652
	86	Verisk Analytics, Inc. ●		5,120
				26,616
		Consumer Durables and Apparel - 1.3%
	94	PVH Corp.		11,793
		Consumer Services - 1.6%
	151	McDonald's Corp.		14,910
		Diversified Financials - 6.2%
	110	Ameriprise Financial, Inc.		8,857
	34	BlackRock, Inc.		8,633
	297	Citigroup, Inc.		14,231
	341	JP Morgan Chase & Co.		18,024
	295	Morgan Stanley		7,200
				56,945
		Energy - 8.8%
	137	Anadarko Petroleum Corp.		11,766
	262	Chesapeake Energy Corp.		5,342
	167	Chevron Corp.		19,706
	226	Cobalt International Energy, Inc. ●		6,004
	168	Exxon Mobil Corp.		15,214
	154	Halliburton Co.		6,443
	89	National Oilwell Varco, Inc.		6,130
	185	Newfield Exploration Co. ●		4,428
	105	Phillips 66		6,170
				81,203
		Food and Staples Retailing - 4.0%
	106	Costco Wholesale Corp.		11,682
	237	CVS Caremark Corp.		13,542
	265	Walgreen Co.		11,702
				36,926
		Food, Beverage and Tobacco - 6.4%
	285	Altria Group, Inc.		9,959
	138	Constellation Brands, Inc. Class A ●		7,175
	170	Hillshire (The) Brands Co.		5,636
	116	Lorillard, Inc.		5,072
	164	Monster Beverage Corp. ●Θ		9,954
	61	PepsiCo, Inc.		5,028
	184	Philip Morris International, Inc.		15,915
				58,739
		Health Care Equipment and Services - 4.1%
	117	Covidien plc		7,366
	92	McKesson Corp.		10,581
	202	UnitedHealth Group, Inc.		13,255
	89	Zimmer Holdings, Inc.		6,681
				37,883
		Household and Personal Products - 0.6%
	327	Coty, Inc. ●		5,619
		Insurance - 4.2%
	89	ACE Ltd.		7,982
	237	American International Group, Inc. ●		10,614
	187	Aon plc		12,034
	110	Prudential Financial, Inc.		8,041
				38,671
		Materials - 2.2%
	152	Crown Holdings, Inc. ●		6,271
	272	Dow Chemical Co.		8,751
	30	Sherwin-Williams Co.		5,236
				20,258
		Media - 2.5%
	257	Time Warner, Inc.		14,863
	123	Viacom, Inc. Class B		8,389
				23,252
		Pharmaceuticals, Biotechnology and Life Sciences - 13.3%
	97	Actavis, Inc. ●		12,227
	92	Amgen, Inc.		9,036
	42	Biogen Idec, Inc. ●		9,004
	110	Bristol-Myers Squibb Co.		4,921
	133	Cubist Pharmaceuticals, Inc. ●		6,427
	233	Eli Lilly & Co.		11,442
	273	Forest Laboratories, Inc. ●		11,174
	309	Gilead Sciences, Inc. ●		15,833
	445	Merck & Co., Inc.		20,671
	362	Pfizer, Inc.		10,132
	22	Regeneron Pharmaceuticals, Inc. ●		4,860
	104	Salix Pharmaceuticals Ltd. ●		6,879
				122,606
		Retailing - 6.3%
	44	Amazon.com, Inc. ●		12,277
	219	Dollar Tree, Inc. ●		11,120
	339	Lowe's Cos., Inc.		13,870
	133	Ross Stores, Inc.		8,587
	234	TJX Cos., Inc.		11,692
				57,546
		Software and Services - 13.0%
	172	Accenture plc		12,351
	179	Automatic Data Processing, Inc.		12,338
	83	Cognizant Technology Solutions Corp. ●		5,195
	144	eBay, Inc. ●		7,464
	435	Genpact Ltd.		8,362
	19	Google, Inc. ●		16,798
	164	Intuit, Inc.		10,012
	15	Mastercard, Inc.		8,870
	140	Microsoft Corp.		4,819
	476	Oracle Corp.		14,614
	106	Teradata Corp. ●		5,305
	162	VeriSign, Inc. ●		7,233

The accompanying notes are an integral part of these financial statements.

5

Hartford Disciplined Equity HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 98.7% - (continued)
		Software and Services - 13.0% - (continued)
	250	Yahoo!, Inc. ●	$	6,281
				119,642
		Technology Hardware and Equipment - 3.9%
	34	Apple, Inc.		13,378
	593	Cisco Systems, Inc.		14,412
	331	EMC Corp.		7,820
				35,610
		Telecommunication Services - 1.5%
	395	AT&T, Inc.		13,966
		Transportation - 0.6%
	216	Hertz Global Holdings, Inc. ●		5,348
		Utilities - 3.7%
	192	American Electric Power Co., Inc.		8,591
	86	NextEra Energy, Inc.		7,015
	103	NRG Energy, Inc.		2,762
	82	Pinnacle West Capital Corp.		4,547
	382	Xcel Energy, Inc.		10,832
				33,747
		Total common stocks
		(cost $666,270)	$	908,242
		Total long-term investments
		(cost $666,270)	$	908,242

SHORT-TERM INVESTMENTS - 0.0%
Repurchase Agreements - 0.0%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $-, collateralized by GNMA 3.00%, 2042, value of $-)
$	—	0.13%, 6/28/2013			$	—
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $-, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $-)
	—	0.15%, 6/28/2013				—
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $-, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $-)
	—	0.12%, 6/28/2013				—
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $-, collateralized by U.S. Treasury Note 3.13%, 2021, value of $-)
	—	0.10%, 6/28/2013				—
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $1)
	1	0.10%, 6/28/2013				1
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $-, collateralized by FNMA 4.50%, 2035, value of $-)
	—	0.25%, 6/28/2013				—
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $-, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $-)
	—	0.10%, 6/28/2013				—
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $1)
	1	0.12%, 6/28/2013				1
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $-, collateralized by U.S. Treasury Note 0.63%, 2014, value of $-)
	—	0.09%, 6/28/2013				—
						2
		Total short-term investments
		(cost $2)			$	2
		Total investments
		(cost $666,272) ▲	98.7	%	$	908,244
		Other assets and liabilities	1.3	%		12,186
		Total net assets	100.0	%	$	920,430

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $666,988 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	247,449
Unrealized Depreciation		(6,193	)
Net Unrealized Appreciation	$	241,256

● Non-income producing.

Θ At June 30, 2013, this security, or a portion of this security, is designated to cover written call options in the table below:

Written Call Options Outstanding at June 30, 2013

Description	Option Type	Exercise Price/ Rate		Expiration Date	Number of Contracts*		Market Value ╪		Premiums Received		Unrealized Appreciation (Depreciation)
Monster Beverage Corp. Option	Equity	$	65.00	07/22/2013		174	$	9	$	17	$	8

* The number of contracts does not omit 000's. Number of contracts shown in U.S. dollars unless otherwise noted.

Written Put Option Contracts Outstanding at June 30, 2013

Description	Option Type	Exercise Price/ Rate		Expiration Date	Number of  Contracts*		Market Value ╪		Premiums Received		Unrealized Appreciation (Depreciation)
Cognizant Technology Solutions Corp. Option	Equity	$	60.00	07/22/2013		125	$	11	$	18	$	7
Phillips 66 Option	Equity	$	55.00	07/22/2013		149		8		9		1
Regeneron Pharmaceuticals, Inc. Option	Equity	$	200.00	07/22/2013		40		7		11		4
Yahoo!, Inc. Option	Equity	$	23.00	07/22/2013		361		8		8		–
							$	34	$	46	$	12

* The number of contracts does not omit 000's.  Number of contracts shown in U.S. dollars unless otherwise noted.

Cash of $2,923 was pledged as collateral for open written put option contracts at June 30, 2013.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association

The accompanying notes are an integral part of these financial statements. 

7

Hartford Disciplined Equity HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	908,242	$	908,242	$	–	$	–
Short-Term Investments		2		–		2		–
Total	$	908,244	$	908,242	$	2	$	–
Written Options *		20		20		–		–
Total	$	20	$	20	$	–	$	–
Liabilities:
Written Options *		–		–		–		–
Total	$	–	$	–	$	–	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

The accompanying notes are an integral part of these financial statements. 

8

Hartford Disciplined Equity HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $666,272)	$	908,244
Cash		2,924	*
Receivables:
Investment securities sold		11,990
Fund shares sold		272
Dividends and interest		947
Total assets		924,377
Liabilities:
Payables:
Investment securities purchased		2,956
Fund shares redeemed		771
Investment management fees		108
Distribution fees		5
Accrued expenses		64
Written options (proceeds $63)		43
Total liabilities		3,947
Net assets	$	920,430
Summary of Net Assets:
Capital stock and paid-in-capital	$	747,440
Undistributed net investment income		4,601
Accumulated net realized loss		(73,603	)
Unrealized appreciation of investments		241,992
Net assets	$	920,430
Shares authorized		3,500,000
Par value	$	0.001
Class IA: Net asset value per share	$	15.61
Shares outstanding		51,502
Net assets	$	804,207
Class IB: Net asset value per share	$	15.52
Shares outstanding		7,488
Net assets	$	116,223

^* Cash of $2,923 was designated to cover open put options written at June 30, 2013.

The accompanying notes are an integral part of these financial statements. 

9

Hartford Disciplined Equity HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013  (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	8,295
Interest		3
Total investment income, net		8,298
Expenses:
Investment management fees		3,378
Distribution fees - Class IB		149
Custodian fees		4
Accounting services fees		57
Board of Directors' fees		13
Audit fees		8
Other expenses		92
Total expenses (before fees paid indirectly)		3,701
Commission recapture		(4	)
Total fees paid indirectly		(4	)
Total expenses, net		3,697
Net Investment Income		4,601
Net Realized Gain on Investments and Other Financial Instruments:
Net realized gain on investments		67,544
Net realized gain on written options		343
Net Realized Gain on Investments and Other Financial Instruments		67,887
Net Changes in Unrealized Appreciation of Investments and Other Financial Instruments:
Net unrealized appreciation of investments		55,840
Net unrealized depreciation of written options		(10	)
Net Changes in Unrealized Appreciation of Investments and Other Financial Instruments		55,830
Net Gain on Investments and Other Financial Instruments		123,717
Net Increase in Net Assets Resulting from Operations	$	128,318

The accompanying notes are an integral part of these financial statements.

10

Hartford Disciplined Equity HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	4,601		$	13,907
Net realized gain on investments and other financial instruments		67,887			95,446
Net unrealized appreciation of investments and other financial instruments		55,830			52,037
Net Increase in Net Assets Resulting from Operations		128,318			161,390
Distributions to Shareholders:
From net investment income
Class IA		—			(12,461	)
Class IB		—			(1,507	)
Total distributions		—			(13,968	)
Capital Share Transactions:
Class IA
Sold		30,767			32,537
Issued on reinvestment of distributions		—			12,461
Redeemed		(136,974	)		(227,233	)
Total capital share transactions		(106,207	)		(182,235	)
Class IB
Sold		5,231			9,132
Issued on reinvestment of distributions		—			1,507
Redeemed		(21,173	)		(43,293	)
Total capital share transactions		(15,942	)		(32,654	)
Net decrease from capital share transactions		(122,149	)		(214,889	)
Net Increase (Decrease) in Net Assets		6,169			(67,467	)
Net Assets:
Beginning of period		914,261			981,728
End of period	$	920,430		$	914,261
Undistributed (distribution in excess of) net investment income	$	4,601		$	—
Shares:
Class IA
Sold		2,076			2,498
Issued on reinvestment of distributions		—			918
Redeemed		(9,076	)		(17,242	)
Total share activity		(7,000	)		(13,826	)
Class IB
Sold		351			705
Issued on reinvestment of distributions		—			111
Redeemed		(1,414	)		(3,301	)
Total share activity		(1,063	)		(2,485	)

The accompanying notes are an integral part of these financial statements. 

11

Hartford Disciplined Equity HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Disciplined Equity HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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

12

Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant exchange as of the NYSE Close. In the case of OTC options and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall

13

Hartford Disciplined Equity HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

e) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

14

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Options Contracts – An option contract is a contract sold by one party to another party that offers the buyer the right, but not the obligation, to buy (call) or sell (put) an investment or other financial asset at an agreed-upon price during a specific period of time or on a specific date. The Fund may write (sell) covered call and put options on futures, swaps (“swaptions”), securities, commodities or currencies. “Covered” means that so long as the Fund is obligated as the writer of an option, it will own either the underlying investments or currency or an option to purchase the same underlying investments 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 investments having a value equal to or greater than the fluctuating market value of the option investment or currency. Writing put options increases the Fund’s exposure to the underlying instrument. Writing call options decreases the Fund’s exposure to the underlying instrument. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that are exercised or closed are added to the proceeds or offset amounts paid on the underlying futures, swap, investment or currency transaction to determine the realized gain or loss. The Fund as a writer of an option has no

15

Hartford Disciplined Equity HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

control over whether the underlying instrument may be sold (call) or purchased (put) and as a result bears the market risk of an unfavorable change in the price of the instrument underlying the written option. There is the risk the Fund may not be able to enter into a closing transaction because of an illiquid market. The Fund may also purchase put and call options. Purchasing call options increases the Fund’s exposure to the underlying instrument. Purchasing put options decreases the Fund’s exposure to the underlying instrument. The Fund pays a premium, which is included on the Fund’s Statement of Assets and Liabilities as an investment and is subsequently marked to market to reflect the current value of the option. Premiums paid for purchasing options that expire are treated as realized losses. Certain options may be purchased with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. The risk associated with purchasing put and call options is generally limited to the premium paid. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. Entering into over-the-counter options also exposes the Fund to counterparty risk. Counterparty risk is the possibility that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of the contractual terms in the agreements. The Fund had no outstanding purchased options contracts as of June 30, 2013. The Fund, as shown on the Schedule of Investments, had outstanding written options contracts as of June 30, 2013. Transactions involving written options contracts during the six-month period ended June 30, 2013, are summarized below:

	Options Contract Activity During the Six-month Period Ended June 30, 2013
Call Options Written During the Period	Number of Contracts*			Premium Amounts
Beginning of the period		1,364		$	80
Written		3,487			227
Expired		(2,588	)		(194	)
Closed		(1,052	)		(48	)
Exercised		(1,037	)		(48	)
End of period		174		$	17

Put Options Written During the Period	Number of Contracts*			Premium Amounts
Beginning of the period		755		$	58
Written		6,434			368
Expired		(4,579	)		(255	)
Closed		(1,935	)		(125	)
Exercised		—			—
End of period		675		$	46

* The number of contracts does not omit 000's.

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Liabilities:
Written options, market value	$	—	$	—	$	—	$	43	$	—	$	—	$	43
Total	$	—	$	—	$	—	$	43	$	—	$	—	$	43

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

16

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts			Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on written options	$	—	$	—	$	—	$	343		$	—	$	—	$	343
Total	$	—	$	—	$	—	$	343		$	—	$	—	$	343
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of written options	$	—	$	—	$	—	$	(10	)	$	—	$	—	$	(10	)
Total	$	—	$	—	$	—	$	(10	)	$	—	$	—	$	(10	)

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013: 

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net  Amount (not less than 0)
Repurchase Agreements	$	2	$	—	$	2	$	—	$	(2	)	$	—
Total subject to a master netting or similar arrangement	$	2	$	—	$	2	$	—	$	(2	)	$	—

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Pledged			Net Amount (not less than 0)
Written options at market value	$	43	$	—	$	43	$	—	$	(2,923	)	$	—
Total subject to a master netting or similar arrangement	$	43	$	—	$	43	$	—	$	(2,923	)	$	—

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for

17

Hartford Disciplined Equity HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	13,968	$	11,639

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Accumulated Capital and Other Losses*	$	(140,775	)
Unrealized Appreciation†		185,447
Total Accumulated Earnings	$	44,672

*	The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.
†	Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

18

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(622	)
Accumulated Net Realized Gain (Loss)		1,028
Capital Stock and Paid-in-Capital		(406	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	140,775
Total	$	140,775

During the year ended December 31, 2012, the Fund utilized $96,131 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment

19

Hartford Disciplined Equity HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750	%
On next $250 million		0.7250	%
On next $500 million		0.6750	%
On next $4 billion		0.6250	%
On next $5 billion		0.6225	%
Over $10 billion		0.6200	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.012	%
Over $5 billion		0.010	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.75	%
Class IB		1.00

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily

20

intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.01	%		0.01	%
Total Return Excluding Payment from Affiliate		25.64	%		25.32	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	132,603
Sales Proceeds Excluding U.S. Government Obligations		253,311

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

21

Hartford Disciplined Equity HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

22

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23

Hartford Disciplined Equity HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	13.64	$	0.08	$	1.89		$	1.97		$	–		$	–		$	–	$	–		$	15.61
IB		13.58		0.06		1.88			1.94			–			–			–		–			15.52
For the Year Ended December 31, 2012
IA		11.78		0.22		1.86			2.08			(0.22	)		–			–		(0.22	)		13.64
IB		11.73		0.18		1.85			2.03			(0.18	)		–			–		(0.18	)		13.58
For the Year Ended December 31, 2011
IA		11.79		0.14		(0.01	)		0.13			(0.14	)		–			–		(0.14	)		11.78
IB		11.73		0.11		–			0.11			(0.11	)		–			–		(0.11	)		11.73
For the Year Ended December 31, 2010
IA		10.47		0.15		1.32			1.47			(0.15	)		–			–		(0.15	)		11.79
IB		10.42		0.13		1.30			1.43			(0.12	)		–			–		(0.12	)		11.73
For the Year Ended December 31, 2009
IA		8.46		0.15		2.01			2.16			(0.15	)		–			–		(0.15	)		10.47
IB		8.41		0.13		2.00			2.13			(0.12	)		–			–		(0.12	)		10.42
For the Year Ended December 31, 2008
IA		15.05		0.14		(5.37	)		(5.23	)		(0.14	)		(1.22	)		–		(1.36	)		8.46
IB		14.97		0.12		(5.35	)		(5.23	)		(0.11	)		(1.22	)		–		(1.33	)		8.41

(A)	Information presented relates to a share outstanding throughout the indicated period.
(B)	The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.
(C)	Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.
(D)	Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.
(E)	Not annualized.
(F)	Annualized.
(G)	Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

24

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	14.45	%(E)	$	804,207		0.75	%(F)		0.75	%(F)		1.00	%(F)		14	%
	14.31	(E)		116,223		1.00	(F)		1.00	(F)		0.75	(F)		–
	17.62			798,148		0.75			0.75			1.45			34
	17.33			116,113		1.00			1.00			1.20			–
	1.15			852,312		0.74			0.74			1.06			44
	0.90			129,416		0.99			0.99			0.81			–
	14.04			1,022,321		0.75			0.75			1.35			44
	13.76			159,898		1.00			1.00			1.10			–
	25.65	(G)		1,008,875		0.75			0.75			1.56			59
	25.33	(G)		173,063		1.00			1.00			1.31			–
	(37.27	)		868,799		0.71			0.71			1.14			73
	(37.43	)		165,848		0.96			0.96			0.89			–

25

Hartford Disciplined Equity HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

26

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

27

Hartford Disciplined Equity HLS Fund

Directors and Officers (Unaudited) – (continued)

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

28

Hartford Disciplined Equity HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account  Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the  period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year		Days in the full year
Class IA	$	1,000.00	$	1,144.50	$	3.99	$	1,000.00	$	1,021.08	$	3.76		0.75	%		181		365
Class IB	$	1,000.00	$	1,143.10	$	5.31	$	1,000.00	$	1,019.84	$	5.01		1.00	%		181		365

29

Hartford Disciplined Equity HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

Quantitative Analysis Risk: The Fund uses quantitative analysis in its securities selection; securities selected by this method may perform differently from the broader stock market.

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

30

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-DE13 8-13 114610 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD DIVIDEND AND GROWTH HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Dividend and Growth HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	8
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	9
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	10
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	11
Notes to Financial Statements (Unaudited)	12
Financial Highlights (Unaudited)	22
Directors and Officers (Unaudited)	24
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	26
Quarterly Portfolio Holdings Information (Unaudited)	26
Expense Example (Unaudited)	27
Principal Risks (Unaudited)	28

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Dividend and Growth HLS Fund inception 03/09/1994

(sub-advised by Wellington Management Company, LLP)

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

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
Dividend and Growth IA		15.20%		21.91%		6.80%		8.60%
Dividend and Growth IB		15.06%		21.60%		6.53%		8.33%
Russell 1000 Value Index		15.90%		25.32%		6.67%		7.79%
S&P 500 Index		13.82%		20.58%		7.00%		7.29%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 1000 Value Index is an unmanaged index measuring the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies, based on total market capitalizations.

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.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.67% and 0.92%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Dividend and Growth HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Edward P. Bousa, CFA	Donald J. Kilbride	Matthew G. Baker
Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Dividend and Growth HLS Fund returned 15.20% for the six-month period ended June 30, 2013, outperforming its benchmark, the S&P 500 Index, which returned 13.82% for the same period. The Fund outperformed the 13.63% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

Overall equity market performance was positive for the period across all market capitalizations: large cap equities (+14%), small caps (+16%), and mid caps (+15%) all rose as represented by the S&P 500, Russell 2000, and S&P 400 MidCap Indices, respectively. During the six-month period all ten sectors within the S&P 500 Index posted positive returns, led by Health Care (+20%), Consumer Discretionary (+20%), and Financials (+20%).

The Fund’s outperformance relative to the S&P 500 was driven by positive stock selection, particularly within Information Technology, Financials, and Industrials. This was partially offset by weaker selection in Health Care, Materials, and Energy. Sector allocation also positively contributed to relative results, in part by our underweight (i.e. the Fund’s sector position was less than the benchmark position) to Information Technology and overweight to Health Care. A modest cash position detracted in an upward trending market.

The Fund’s top contributors to benchmark-relative performance during the period were Apple (Information Technology), Prudential (Financials), and Wells Fargo (Financials). Shares of Apple, a designer, manufacturer, and retailer of a range of personal electronic products, declined on weaker guidance and slowing growth. We were underweight the shares which positively contributed to relative performance. Shares of Prudential, an insurance services firm, increased on strong and improved quality of earnings, driven by higher stock prices and higher long term interests rates. Shares of Wells Fargo, a diversified financial services company, rose due to better-than-expected earnings and the market’s positive outlook for bank results in a rising interest rate environment. JPMorgan Chase (Financials), Microsoft (Information Technology), and Johnson & Johnson (Health Care) were among the top contributors to absolute performance (i.e. total return).

The Fund’s top detractors from benchmark-relative returns were Barrick Gold (Materials), Pfizer (Health Care), and Eli Lilly (Health Care). Shares of Barrick Gold, a Canada-based gold exploration and mining company, fell due to the sharp decline in gold prices and poor execution on the development of an important new gold mine. Pfizer, a U.S.-based pharmaceutical company, detracted from relative performance as shares increased only modestly relative to the benchmark. Pfizer’s earnings growth has flattened as the company's restructuring is largely over. Eli Lilly, a U.S.-based global pharmaceutical company, underperformed as foreign exchange, weakness in the animal health division, and disappointing pipeline developments (Alzheimer’s) weighed on the stock. Apple (Information Technology) and EMC Corp (Information Technology) also detracted from absolute returns.

3

Hartford Dividend and Growth HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

What is the outlook?

We believe the global economy is gradually normalizing. While there are fears among market participants about the Fed reducing its quantitative easing measures, we are not overly concerned as we view this action as a shift from a “surge” in liquidity to becoming a source of steady liquidity. We believe the U.S. economy remains poised for a continued modest recovery as consumer spending is still buoyed by household balance sheet and steady job gains. However, we believe the U.S. is still not creating jobs fast enough and a large part of the reduction in the unemployment rate is due to people dropping out of the labor force. We believe housing remains in a solid uptrend and we believe the shortage of inventory should boost prices further in the near term. In the medium-term, we continue to expect U.S. Gross Domestic Product growth in the 1.5 – 2% range.

We believe Europe is gradually healing with growth likely to remain subpar but with the downside risks abating. In China, the transition from an infrastructure, heavy investment spending economy to a more diversified economy has been uneven, but we believe their policy makers have the tools to manage the transition. In our view, China should maintain above average growth. In Japan, we believe that the liquidity boost from accommodative monetary policy and growth recovery should add to the overall world economic recovery.

At the end of the period, our largest overweights were to Financials, Health Care, and Industrials, while we remained underweight to Information Technology, Consumer Staples, and Consumer Discretionary, relative to the benchmark.

Diversification by Industry

as of June 30, 2013

Industry (Sector)	Percentage of Net Assets
Automobiles and Components (Consumer Discretionary)		1.2	%
Banks (Financials)		7.0
Capital Goods (Industrials)		7.0
Commercial and Professional Services (Industrials)		0.7
Diversified Financials (Financials)		7.5
Energy (Energy)		10.9
Food and Staples Retailing (Consumer Staples)		1.5
Food, Beverage and Tobacco (Consumer Staples)		4.5
Health Care Equipment and Services (Health Care)		3.6
Household and Personal Products (Consumer Staples)		1.5
Insurance (Financials)		6.0
Materials (Materials)		1.7
Media (Consumer Discretionary)		6.0
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		12.3
Retailing (Consumer Discretionary)		2.4
Semiconductors and Semiconductor Equipment (Information Technology)		2.5
Software and Services (Information Technology)		7.5
Technology Hardware and Equipment (Information Technology)		4.2
Telecommunication Services (Services)		2.7
Transportation (Industrials)		3.5
Utilities (Utilities)		4.0
Short-Term Investments		1.6
Other Assets and Liabilities		0.2
Total		100.0	%

4

Hartford Dividend and Growth HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 98.2%
		Automobiles and Components - 1.2%
	3,176	Ford Motor Co.	$	49,127
	75	Johnson Controls, Inc.		2,693
				51,820
		Banks - 7.0%
	1,181	PNC Financial Services Group, Inc.		86,149
	799	US Bancorp		28,873
	4,633	Wells Fargo & Co.		191,205
				306,227
		Capital Goods - 7.0%
	306	Boeing Co.		31,389
	385	Deere & Co.		31,289
	651	Eaton Corp. plc		42,859
	2,527	General Electric Co.		58,608
	703	Honeywell International, Inc.		55,790
	717	Raytheon Co.		47,419
	259	Siemens AG ADR		26,273
	506	Textron, Inc.		13,183
				306,810
		Commercial and Professional Services - 0.7%
	527	Equifax, Inc. ●		31,039
		Diversified Financials - 7.5%
	604	Ameriprise Financial, Inc.		48,855
	1,715	Bank of America Corp.		22,051
	227	BlackRock, Inc.		58,258
	811	Citigroup, Inc.		38,893
	2,639	JP Morgan Chase & Co.		139,295
	862	Morgan Stanley		21,051
				328,403
		Energy - 10.9%
	906	Anadarko Petroleum Corp.		77,857
	809	Baker Hughes, Inc.		37,336
	1,103	BP plc ADR		46,025
	949	Cameco Corp.		19,606
	783	Chevron Corp.		92,704
	847	EnCana Corp. ADR		14,345
	1,374	Exxon Mobil Corp.		124,129
	484	Halliburton Co.		20,210
	254	Occidental Petroleum Corp.		22,686
	854	Suncor Energy, Inc.		25,199
				480,097
		Food and Staples Retailing - 1.5%
	1,134	CVS Caremark Corp.		64,855
		Food, Beverage and Tobacco - 4.5%
	498	General Mills, Inc.		24,188
	558	Kraft Foods Group, Inc.		31,167
	655	PepsiCo, Inc.		53,590
	586	Philip Morris International, Inc.		50,735
	981	Unilever N.V. Class NY ADR		38,557
				198,237
		Health Care Equipment and Services - 3.6%
	1,193	Cardinal Health, Inc.		56,294
	1,341	Medtronic, Inc.		69,011
	502	UnitedHealth Group, Inc.		32,852
				158,157
		Household and Personal Products - 1.5%
	853	Procter & Gamble Co.		65,701
		Insurance - 6.0%
	848	ACE Ltd.		75,896
	440	American International Group, Inc. ●		19,646
	606	Marsh & McLennan Cos., Inc.		24,199
	729	MetLife, Inc.		33,341
	1,046	Principal Financial Group, Inc.		39,176
	1,016	Prudential Financial, Inc.		74,162
				266,420
		Materials - 1.7%
	966	Barrick Gold Corp.		15,210
	1,851	Dow Chemical Co.		59,547
				74,757
		Media - 6.0%
	2,004	Comcast Corp. Class A		83,948
	499	Omnicom Group, Inc.		31,357
	261	Time Warner Cable, Inc.		29,400
	1,096	Time Warner, Inc.		63,365
	864	Walt Disney Co.		54,539
				262,609
		Pharmaceuticals, Biotechnology and Life Sciences - 12.3%
	1,003	AstraZeneca plc ADR		47,428
	856	Bristol-Myers Squibb Co.		38,259
	1,384	Eli Lilly & Co.		67,960
	1,174	Johnson & Johnson		100,794
	2,890	Merck & Co., Inc.		134,247
	2,994	Pfizer, Inc.		83,868
	984	Teva Pharmaceutical Industries Ltd. ADR		38,571
	944	Zoetis, Inc.		29,151
				540,278
		Retailing - 2.4%
	1,402	Lowe's Co., Inc.		57,341
	707	Target Corp.		48,660
				106,001
		Semiconductors and Semiconductor Equipment - 2.5%
	2,488	Intel Corp.		60,260
	1,405	Texas Instruments, Inc.		48,999
				109,259
		Software and Services - 7.5%
	235	Accenture plc		16,900
	528	Automatic Data Processing, Inc.		36,337
	551	eBay, Inc. ●		28,516
	506	IBM Corp.		96,755
	3,138	Microsoft Corp.		108,340
	674	Oracle Corp.		20,695
	935	Yahoo!, Inc. ●		23,485
				331,028
		Technology Hardware and Equipment - 4.2%
	81	Apple, Inc.		31,912
	3,104	Cisco Systems, Inc.		75,456
	1,901	Corning, Inc.		27,056
	2,080	EMC Corp.		49,135
				183,559
		Telecommunication Services - 2.7%
	2,406	Verizon Communications, Inc.		121,143
		Transportation - 3.5%
	834	CSX Corp.		19,337
	1,548	Delta Air Lines, Inc. ●		28,971
	435	FedEx Corp.		42,845

The accompanying notes are an integral part of these financial statements.

5

Hartford Dividend and Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
COMMON STOCKS - 98.2% - (continued)
		Transportation - 3.5% - (continued)
	707	United Parcel Service, Inc. Class B			$	61,155
						152,308
		Utilities - 4.0%
	943	Dominion Resources, Inc.				53,559
	292	Edison International				14,061
	1,101	Exelon Corp.				34,001
	648	NextEra Energy, Inc.				52,760
	809	Xcel Energy, Inc.				22,927
						177,308
		Total common stocks
		(cost $3,186,477)			$	4,316,016
		Total long-term investments
		(cost $3,186,477)			$	4,316,016
SHORT-TERM INVESTMENTS - 1.6%
Repurchase Agreements - 1.6%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $256, collateralized by GNMA 3.00%, 2042, value of $261)
$	256	0.13%, 6/28/2013			$	256
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $5,451, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $5,545)
	5,451	0.15%, 6/28/2013				5,451
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $10,590, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $10,776)
	10,590	0.12%, 6/28/2013				10,590
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $7,338, collateralized by U.S. Treasury Note 3.13%, 2021, value of $7,459)
	7,338	0.10%, 6/28/2013				7,338
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $21,625, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $21,950)
	21,625	0.10%, 6/28/2013				21,625
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $256, collateralized by FNMA 4.50%, 2035, value of $261)
	256	0.25%, 6/28/2013				256
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $8,672, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $8,846)
	8,672	0.10%, 6/28/2013				8,672
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $15,293, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $15,554)
	15,293	0.12%, 6/28/2013				15,293
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $221, collateralized by U.S. Treasury Note 0.63%, 2014, value of $225)
	221	0.09%, 6/28/2013				221
						69,702
		Total short-term investments
		(cost $69,702)			$	69,702
		Total investments
		(cost $3,256,179) ▲	99.8	%	$	4,385,718
		Other assets and liabilities	0.2	%		9,029
		Total net assets	100.0	%	$	4,394,747

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $3,265,673 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,176,825
Unrealized Depreciation		(56,780	)
Net Unrealized Appreciation	$	1,120,045

● Non-income producing.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association

The accompanying notes are an integral part of these financial statements.

7

Hartford Dividend and Growth HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	4,316,016	$	4,316,016	$	–	$	–
Short-Term Investments		69,702		–		69,702		–
Total	$	4,385,718	$	4,316,016	$	69,702	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

The accompanying notes are an integral part of these financial statements.

8

Hartford Dividend and Growth HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $3,256,179)	$	4,385,718
Cash		1
Receivables:
Investment securities sold		14,632
Fund shares sold		642
Dividends and interest		5,246
Other assets		—
Total assets		4,406,239
Liabilities:
Payables:
Investment securities purchased		4,136
Fund shares redeemed		6,682
Investment management fees		463
Distribution fees		25
Accrued expenses		186
Total liabilities		11,492
Net assets	$	4,394,747
Summary of Net Assets:
Capital stock and paid-in-capital	$	2,899,359
Undistributed net investment income		42,444
Accumulated net realized gain		323,405
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		1,129,539
Net assets	$	4,394,747
Shares authorized		4,000,000
Par value	$	0.001
Class IA: Net asset value per share	$	24.72
Shares outstanding		153,175
Net assets	$	3,787,110
Class IB: Net asset value per share	$	24.65
Shares outstanding		24,654
Net assets	$	607,637

The accompanying notes are an integral part of these financial statements.

9

Hartford Dividend and Growth HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	56,895
Interest		29
Less: Foreign tax withheld		(464	)
Total investment income, net		56,460
Expenses:
Investment management fees		14,203
Transfer agent fees		2
Distribution fees - Class IB		764
Custodian fees		8
Accounting services fees		265
Board of Directors' fees		57
Audit fees		26
Other expenses		262
Total expenses (before fees paid indirectly)		15,587
Commission recapture		(12	)
Total fees paid indirectly		(12	)
Total expenses, net		15,575
Net Investment Income		40,885
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		237,944
Net realized gain on foreign currency contracts		—
Net realized loss on other foreign currency transactions		(2	)
Net Realized Gain on Investments and Foreign Currency Transactions		237,942
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		346,139
Net unrealized appreciation on translation of other assets and liabilities in foreign currencies		—
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		346,139
Net Gain on Investments and Foreign Currency Transactions		584,081
Net Increase in Net Assets Resulting from Operations	$	624,966

The accompanying notes are an integral part of these financial statements.

10

Hartford Dividend and Growth HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	40,885		$	93,878
Net realized gain on investments and foreign currency transactions		237,942			237,302
Net unrealized appreciation of investments		346,139			243,080
Net Increase in Net Assets Resulting from Operations		624,966			574,260
Distributions to Shareholders:
From net investment income
Class IA		—			(83,992	)
Class IB		—			(12,015	)
Total distributions		—			(96,007	)
Capital Share Transactions:
Class IA
Sold		78,761			108,142
Issued on reinvestment of distributions		—			83,992
Redeemed		(488,821	)		(794,723	)
Total capital share transactions		(410,060	)		(602,589	)
Class IB
Sold		29,548			52,210
Issued on reinvestment of distributions		—			12,015
Redeemed		(96,977	)		(202,695	)
Total capital share transactions		(67,429	)		(138,470	)
Net decrease from capital share transactions		(477,489	)		(741,059	)
Net Increase (Decrease) in Net Assets		147,477			(262,806	)
Net Assets:
Beginning of period		4,247,270			4,510,076
End of period	$	4,394,747		$	4,247,270
Undistributed (distribution in excess of) net investment income	$	42,444		$	1,559
Shares:
Class IA
Sold		3,279			5,191
Issued on reinvestment of distributions		—			3,923
Redeemed		(20,552	)		(37,859	)
Total share activity		(17,273	)		(28,745	)
Class IB
Sold		1,242			2,507
Issued on reinvestment of distributions		—			562
Redeemed		(4,094	)		(9,685	)
Total share activity		(2,852	)		(6,616	)

The accompanying notes are an integral part of these financial statements.

11

Hartford Dividend and Growth HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Dividend and Growth HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund.

12

The value of the foreign investments in which the Fund invests 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 Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or

13

Hartford Dividend and Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

14

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

4. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may

15

Hartford Dividend and Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

5. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	96,007	$	93,438

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	1,559
Undistributed Long-Term Capital Gain		94,957
Unrealized Appreciation*		773,906
Total Accumulated Earnings	$	870,422

* Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

16

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(362	)
Accumulated Net Realized Gain (Loss)		362

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

The Fund had no capital loss carryforward for U.S. federal income tax purposes as of December 31, 2012.

During the year ended December 31, 2012, the Fund utilized $139,514 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

6. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

17

Hartford Dividend and Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750	%
On next $250 million		0.7250	%
On next $500 million		0.6750	%
On next $1.5 billion		0.6250	%
On next $2.5 billion		0.6200	%
On next $5 billion		0.6150	%
Over $10 billion		0.6100	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.012	%
Over $5 billion		0.010	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.67	%
Class IB		0.92

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has

18

the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $2. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		—	%		—	%
Total Return Excluding Payment from Affiliate		24.67	%		24.36	%

7. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	544,254
Sales Proceeds Excluding U.S. Government Obligations		1,000,460

8. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

19

Hartford Dividend and Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

9. Industry Classifications:

Other than the industry classifications “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. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

11. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

20

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21

Hartford Dividend and Growth HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	21.46	$	0.24	$	3.02		$	3.26		$	–		$	–		$	–	$	–		$	24.72
IB		21.42		0.20		3.03			3.23			–			–			–		–			24.65
For the Year Ended December 31, 2012
IA		19.34		0.49		2.13			2.62			(0.50	)		–			–		(0.50	)		21.46
IB		19.30		0.45		2.11			2.56			(0.44	)		–			–		(0.44	)		21.42
For the Year Ended December 31, 2011
IA		19.50		0.42		(0.16	)		0.26			(0.42	)		–			–		(0.42	)		19.34
IB		19.46		0.36		(0.16	)		0.20			(0.36	)		–			–		(0.36	)		19.30
For the Year Ended December 31, 2010
IA		17.55		0.35		1.96			2.31			(0.36	)		–			–		(0.36	)		19.50
IB		17.51		0.32		1.94			2.26			(0.31	)		–			–		(0.31	)		19.46
For the Year Ended December 31, 2009
IA		14.37		0.35		3.19			3.54			(0.36	)		–			–		(0.36	)		17.55
IB		14.34		0.33		3.16			3.49			(0.32	)		–			–		(0.32	)		17.51
For the Year Ended December 31, 2008
IA		22.35		0.44		(7.57	)		(7.13	)		(0.44	)		(0.41	)		–		(0.85	)		14.37
IB		22.28		0.42		(7.56	)		(7.14	)		(0.39	)		(0.41	)		–		(0.80	)		14.34

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly. Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

22

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	15.20	%(E)	$	3,787,110		0.67	%(F)		0.67	%(F)		1.88	%(F)		13	%
	15.06	(E)		607,637		0.92	(F)		0.92	(F)		1.64	(F)		–
	13.59			3,658,076		0.67			0.67			2.13			20
	13.31			589,194		0.92			0.92			1.88			–
	1.32			3,851,657		0.67			0.67			1.98			24
	1.06			658,419		0.92			0.92			1.73			–
	13.21			4,409,787		0.68			0.68			1.87			32
	12.93			756,001		0.93			0.93			1.62			–
	24.68	(G)		4,247,031		0.69			0.69			2.24			34
	24.36	(G)		815,752		0.94			0.94			2.00			–
	(32.43	)		3,628,793		0.67			0.67			2.20			41
	(32.60	)		776,959		0.92			0.92			1.95			–

23

Hartford Dividend and Growth HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

24

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

25

Hartford Dividend and Growth HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

26

Hartford Dividend and Growth HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,152.00	$	3.57	$	1,000.00	$	1,021.47	$	3.36		0.67	%	181	365
Class IB	$	1,000.00	$	1,150.60	$	4.91	$	1,000.00	$	1,020.23	$	4.61		0.92	%	181	365

27

Hartford Dividend and Growth HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

Dividend Paying Security Investment Risk: Dividends are not guaranteed and are subject to change. Dividend paying securities as a group can fall out of favor with the market, causing the Fund to underperform.

28

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-DG13 8-13 113538-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD GLOBAL GROWTH HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Global Growth HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	9
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	10
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	11
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	12
Notes to Financial Statements (Unaudited)	13
Financial Highlights (Unaudited)	24
Directors and Officers (Unaudited)	26
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	28
Quarterly Portfolio Holdings Information (Unaudited)	28
Expense Example (Unaudited)	29
Principal Risks (Unaudited)	30

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Global Growth HLS Fund inception 09/30/1998

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks growth of capital.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†	1 Year	5 Years	10 Years
Global Growth IA	11.46%	25.44%	0.27%	6.14%
Global Growth IB	11.32%	25.12%	0.02%	5.88%
MSCI World Growth Index	7.72%	17.12%	3.06%	7.55%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI World Growth Index is a broad-based unmanaged market capitalization-weighted total return index which measures the performance of growth securities in 23 developed-country global equity markets including the United States, Canada, Europe, Australia, New Zealand and the Far East.

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.82% and 1.07%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Global Growth HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Matthew D. Hudson, CFA	John A. Boselli, CFA
Vice President and Equity Portfolio Manager	Director and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Global Growth HLS Fund returned 11.46% for the six-month period ended June 30, 2013, outperforming its benchmark, the MSCI World Growth Index, which returned 7.72% for the same period. The Fund outperformed the 7.31% average return of the Variable Products-Underlying Funds Lipper Global 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 equities gained during the six-month period. Favorable global liquidity dynamics and accommodative monetary policy from central banks around the globe provided a tailwind for stocks, helping investors to look past slowing growth and an increase in lending rates in China. Following a dramatic shift in monetary policy by the Bank of Japan to more aggressive management of a 2% inflation target, Japanese equities soared. U.S. equities also outperformed global indexes, as the U.S. economy appeared relatively stable compared to other countries. Although investors initially reacted negatively to news in May that the Federal Reserve (Fed) might slow its bond-buying program sooner than expected, U.S. equities recovered toward the end of the quarter. Signs of strength in Germany and France partially offset concerns elsewhere in the eurozone. Ongoing European sovereign-debt issues weighed on investors in Greece and Spain. Political unrest in Turkey, Egypt, and Brazil contributed to declines in emerging markets.

For the annual period, Growth stocks (+7.7%) underperformed Value stocks (+9.9%) as measured by the MSCI World Growth Index and the MSCI World Value Indexes, respectively. Within the MSCI World Growth Index, nine of ten sectors posted positive returns. Telecommunication Services (+20%), Health Care (+18%) and Consumer Discretionary (+17%) gained the most, while the Materials (-11%), Information Technology (0%), and Energy (+3%) sectors lagged on a relative basis.

The Fund’s outperformance versus its benchmark was primarily due to strong security selection, particularly in the Information Technology, Health Care, and Industrials sectors. This more than offset unfavorable selection in Utilities and Telecommunication Services. Sector allocation, a residual of our bottom-up stock selection process, contributed to relative returns, primarily due to an underweight (i.e. the Fund’s sector position was less than the benchmark position) to the Materials and overweight to Health Care sectors.

Top contributors to relative performance included Apple (Information Technology), Gilead Sciences (Health Care), and Green Mountain Coffee (Consumer Staples). Shares of Apple, a designer, manufacturer, and retailer of a range of personal electronic products, declined on weaker guidance and slowing growth. We were underweight the shares which positively contributed to relative performance. Shares of Gilead Sciences, a biopharmaceutical company, moved steadily higher alongside positive news flow, including passing the first hurdle for the firm's hepatitis C single tablet regimen. Shares of Green Mountain Coffee, a U.S.-based provider of single-cup brewers and k-cups for coffee and other beverages, increased after the company reported fiscal second quarter results with earnings exceeding consensus expectations. In addition, plans for an expanded relationship with Starbucks and increased 2013 earnings guidance boosted the stock price. Top absolute performance (i.e. total return) contributors also included Roche (Health Care) and Google (Information Technology).

The top detractors from the Fund’s relative performance were Samsung (Information Technology), SABESP (Utilities), and Toyota (Consumer Discretionary). Shares of South Korea-based global electronics company, Samsung, declined due to competitive concerns regarding a weakening yen and political rhetoric from North Korea. Shares of SABESP, one of the Brazilian water utilities, declined as the market became concerned about the sustainability of tariffs in the wake of massive protests throughout Brazil. Shares of Toyota, a Japan-based company mainly engaged in the automobile business, rose as the company’s earnings results exceeded expectations helped by the new Abe administrations market-friendly policies and a weak yen, which supports the company’s large export business. We were underweight the shares which negatively contributed to relative performance. Top absolute detractors also included Apple (Information Technology).

What is the outlook?

Economic data continues to improve slowly across the world, driven mostly by quantitative easing. While excessive leverage in European banks and government balance sheets in the Western Hemisphere continue, the economic improvement

3

Hartford Global Growth HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

has positive effects on earnings and stock prices. Global industrial confidence and capacity utilization have improved and consumer wealth is improving globally with recoveries in housing and stock markets. Continued quantitative easing and significant stimulus programs around the world have improved credit spreads and economic activity. As the economy recovers, our stock positions reflect improving cyclical fundamentals.

In Europe, the overall region remains fragile, and although conditions have not deteriorated, the economies continue to bump along the bottom. We believe Northern Europe continues to be more favorably positioned than Southern Europe, and smaller peripheral countries have showed some signs of a recovery from a deep trough. In other regions, Canada and Australia continue to be affected disproportionately by commodities, which have struggled in this low-growth environment.

In Japan, we believe the market has embraced ‘Abenomics’ (i.e. economic policies advocated by Shinzo Abe, the current Prime Minister of Japan), and the weakening yen will be beneficial to most companies’ earnings. We are closely monitoring the further execution of the Prime Minister’s plan, which we believe will be critical for sustained economic development. In China, economic recovery post the leadership transition has taken longer than we would have anticipated.

Our focus remains on stock selection that is driven by bottom-up, fundamental research, diligent meetings with the management of leading companies globally, and leveraging the deep research capabilities of our firm. As always, we seek to invest in companies with improving fundamentals and catalysts that we think will lead to accelerating earnings growth above consensus expectations.

At the end of the period, our largest overweights were to information technology, financials, and health care, while we remained underweight consumer staples, industrials, and energy, relative to the benchmark.

Diversification by Country

as of June 30, 2013

	Percentage of
Country	Net Assets
Austria		0.5	%
Belgium		2.2
China		1.7
France		4.0
Germany		2.5
Hong Kong		1.6
Ireland		1.6
Italy		0.4
Japan		3.7
Jersey		0.5
Mexico		1.2
Netherlands		2.5
Norway		0.6
South Korea		1.5
Sweden		1.0
Switzerland		6.2
Taiwan		1.1
United Kingdom		4.5
United States		60.9
Short-Term Investments		1.7
Other Assets and Liabilities		0.1
Total		100.0	%

4

Hartford Global Growth HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 97.5%
		Automobiles and Components - 0.7%
	273	Nissan Motor Co., Ltd.	$	2,737
		Banks - 2.3%
	452	Barclays Bank plc ADR		1,925
	50	BNP Paribas		2,723
	75	Erste Group Bank AG		2,003
	380	Mitsubishi UFJ Financial Group, Inc.		2,347
				8,998
		Capital Goods - 4.7%
	20	Boeing Co.		2,090
	30	Honeywell International, Inc.		2,352
	23	Parker-Hannifin Corp.		2,148
	145	Rolls-Royce Holdings plc		2,505
	68	Safran S.A.		3,565
	27	Schneider Electric S.A.		1,983
	87	SKF AB Class B		2,048
	10	SMC Corp. of America		2,007
				18,698
		Commercial and Professional Services - 1.8%
	40	Equifax, Inc. ●		2,375
	51	Intertek Group plc		2,259
	1	SGS S.A.		2,534
				7,168
		Consumer Durables and Apparel - 1.5%
	28	Cie Financiere Richemont S.A.		2,448
	2	NVR, Inc. ●		1,796
	185	Prada S.p.A.		1,671
				5,915
		Consumer Services - 3.4%
	295	Galaxy Entertainment Group Ltd. ●		1,433
	148	MGM Resorts International ●		2,182
	29	Paddy Power plc		2,474
	1,084	Sands China Ltd.		5,068
	34	Starbucks Corp.		2,203
				13,360
		Diversified Financials - 10.4%
	418	Aberdeen Asset Management plc		2,430
	19	Affiliated Managers Group, Inc. ●		3,049
	27	American Express Co.		2,014
	38	Ameriprise Financial, Inc.		3,090
	18	BlackRock, Inc.		4,571
	64	Discover Financial Services, Inc.		3,042
	21	Franklin Resources, Inc.		2,791
	31	IntercontinentalExchange, Inc. ●		5,434
	76	JP Morgan Chase & Co.		4,014
	59	Julius Baer Group Ltd.		2,296
	47	Moody's Corp.		2,837
	12	Partners Group		3,178
	95	SEI Investments Co.		2,687
				41,433
		Energy - 2.2%
	26	Anadarko Petroleum Corp.		2,212
	81	Cobalt International Energy, Inc. ●		2,160
	16	EOG Resources, Inc.		2,049
	34	Schlumberger Ltd.		2,466
				8,887
		Food and Staples Retailing - 2.0%
	97	CVS Caremark Corp.		5,568
	61	Seven & I Holdings Co., Ltd.		2,249
				7,817
		Food, Beverage and Tobacco - 7.9%
	79	Altria Group, Inc.		2,770
	74	Anheuser-Busch InBev N.V.		6,640
	72	British American Tobacco plc		3,688
	182	Diageo Capital plc		5,210
	22	Fomento Economico Mexicano S.A.B. de C.V. ADR		2,234
	45	Green Mountain Coffee Roasters, Inc. ●		3,356
	32	Heineken N.V.		2,034
	21	Pernod-Ricard S.A.		2,276
	87	Unilever N.V.		3,406
				31,614
		Health Care Equipment and Services - 1.8%
	32	Aetna, Inc.		2,047
	50	Medtronic, Inc.		2,584
	35	Zimmer Holdings, Inc.		2,593
				7,224
		Insurance - 2.0%
	130	American International Group, Inc. ●		5,801
	70	Tokio Marine Holdings, Inc.		2,199
				8,000
		Materials - 2.1%
	229	Cemex S.A.B. de C.V. ADR ●		2,426
	449	Glencore Xstrata plc		1,858
	30	HeidelbergCement AG		2,007
	231	James Hardie Industries plc		1,984
				8,275
		Media - 6.2%
	57	Comcast Corp. Class A		2,405
	47	DirecTV ●		2,896
	186	News Corp. Class A		6,074
	623	Sirius XM Radio, Inc. w/ Rights		2,086
	28	Time Warner Cable, Inc.		3,118
	52	Viacom, Inc. Class B		3,545
	38	Walt Disney Co.		2,381
	119	WPP plc		2,031
				24,536
		Pharmaceuticals, Biotechnology and Life Sciences - 14.0%
	42	Actelion Ltd.		2,537
	41	Amgen, Inc.		4,018
	16	Biogen Idec, Inc. ●		3,379
	49	Bristol-Myers Squibb Co.		2,199
	50	Celgene Corp. ●		5,889
	158	Gilead Sciences, Inc. ●		8,108
	57	Merck & Co., Inc.		2,633
	102	Mylan, Inc. ●		3,172
	36	Novartis AG		2,532
	12	Regeneron Pharmaceuticals, Inc. ●		2,635
	37	Roche Holding AG		9,199
	27	Sanofi-Aventis S.A.		2,794
	30	Thermo Fisher Scientific, Inc.		2,539
	41	UCB S.A.		2,212
	26	Vertex Pharmaceuticals, Inc. ●		2,101
				55,947
		Real Estate - 0.6%
	31	American Tower Corp. REIT		2,298

The accompanying notes are an integral part of these financial statements.

5

Hartford Global Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 97.5% - (continued)
		Retailing - 5.6%
	8	Amazon.com, Inc. ●	$	2,285
	7	AutoZone, Inc. ●		3,170
	72	GameStop Corp. Class A		3,005
	170	Lowe's Cos., Inc.		6,961
	8	Priceline.com, Inc. ●		6,965
				22,386
		Semiconductors and Semiconductor Equipment - 5.0%
	56	ASML Holding N.V.		4,391
	261	Infineon Technologies AG		2,187
	66	Maxim Integrated Products, Inc.		1,831
	147	MediaTek, Inc.		1,699
	179	Micron Technology, Inc. ●		2,572
	4	Samsung Electronics Co., Ltd.		4,576
	738	Taiwan Semiconductor Manufacturing Co., Ltd.		2,672
				19,928
		Software and Services - 14.9%
	46	Accenture plc		3,301
	12	Alliance Data Systems Corp. ●		2,184
	75	Amdocs Ltd.		2,771
	37	Citrix Systems, Inc. ●		2,248
	34	Cognizant Technology Solutions Corp. ●		2,123
	20	Dassault Systemes S.A.		2,504
	117	eBay, Inc. ●		6,036
	89	Facebook, Inc. ●		2,213
	11	Google, Inc. ●		9,921
	17	LinkedIn Corp. Class A ●		2,999
	7	Mastercard, Inc.		3,969
	46	Salesforce.com, Inc. ●		1,754
	42	SAP AG		3,092
	35	Splunk, Inc. ●		1,639
	56	Tencent Holdings Ltd.		2,179
	42	Teradata Corp. ●		2,089
	25	Visa, Inc.		4,497
	153	Yahoo!, Inc. ●		3,842
				59,361
		Technology Hardware and Equipment - 5.5%
	7	Apple, Inc.		2,822
	102	Cisco Systems, Inc.		2,478
	124	EMC Corp.		2,929
	468	Hitachi Ltd.		2,999
	138	Juniper Networks, Inc. ●		2,658
	2,290	Lenovo Group Ltd.		2,061
	135	LG.Philips LCD Co., Ltd.		1,597
	42	Motorola Solutions, Inc.		2,396
	160	Telefonaktiebolaget LM Ericsson Class B		1,815
				21,755
		Telecommunication Services - 1.2%
	374	Sprint Nextel Corp. ●		2,626
	112	Telenor ASA		2,232
				4,858
		Transportation - 1.1%
	131	Delta Air Lines, Inc. ●		2,445
	21	FedEx Corp.		2,038
				4,483
		Utilities - 0.6%
	2,902	Guangdong Investment Ltd.		2,515
		Total common stocks
		(cost $315,514)	$	388,193
PREFERRED STOCKS - 0.7%
		Media - 0.7%
	64	ProSieben Sat.1 Media AG	$	2,761
		Total preferred stocks
		(cost $2,226)	$	2,761
		Total long-term investments
		(cost $317,740)	$	390,954
SHORT-TERM INVESTMENTS - 1.7%
Repurchase Agreements - 1.7%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $25, collateralized by GNMA 3.00%, 2042, value of $26)
$	25	0.13%, 6/28/2013	$	25
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $536, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $545)
	536	0.15%, 6/28/2013		536
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,041, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $1,059)
	1,040	0.12%, 6/28/2013		1,040
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $721, collateralized by U.S. Treasury Note 3.13%, 2021, value of $733)
	721	0.10%, 6/28/2013		721
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $2,125, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $2,157)
	2,125	0.10%, 6/28/2013		2,125
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $25, collateralized by FNMA 4.50%, 2035, value of $26)
	25	0.25%, 6/28/2013		25

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount					Market Value ╪
SHORT-TERM INVESTMENTS - 1.7% - (continued)
Repurchase Agreements - 1.7% - (continued)
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $852, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $869)
$	852	0.10%, 6/28/2013			$	852
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,503, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $1,528)
	1,503	0.12%, 6/28/2013				1,503
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $22, collateralized by U.S. Treasury Note 0.63%, 2014, value of $22)
	22	0.09%, 6/28/2013				22
						6,849
		Total short-term investments
		(cost $6,849)			$	6,849
		Total investments
		(cost $324,589) ▲	99.9	%	$	397,803
		Other assets and liabilities	0.1	%		370
		Total net assets	100.0	%	$	398,173

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $326,266 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	80,111
Unrealized Depreciation		(8,574	)
Net Unrealized Appreciation	$	71,537

● Non-income producing.

The accompanying notes are an integral part of these financial statements.

7

Hartford Global Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Foreign Currency Contracts Outstanding at June 30, 2013

Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
EUR	Buy	07/01/2013	DEUT	$	192	$	192	$	–

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
DEUT	Deutsche Bank Securities, Inc.
Currency Abbreviations:
EUR	EURO
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

8

Hartford Global Growth HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks
Automobiles and Components	$	2,737	$	–	$	2,737	$	–
Banks		8,998		–		8,998		–
Capital Goods		18,698		6,590		12,108		–
Commercial and Professional Services		7,168		2,375		4,793		–
Consumer Durables and Apparel		5,915		1,796		4,119		–
Consumer Services		13,360		6,859		6,501		–
Diversified Financials		41,433		33,529		7,904		–
Energy		8,887		8,887		–		–
Food and Staples Retailing		7,817		5,568		2,249		–
Food, Beverage and Tobacco		31,614		8,360		23,254		–
Health Care Equipment and Services		7,224		7,224		–		–
Insurance		8,000		5,801		2,199		–
Materials		8,275		2,426		5,849		–
Media		24,536		22,505		2,031		–
Pharmaceuticals, Biotechnology and Life Sciences		55,947		36,673		19,274		–
Real Estate		2,298		2,298		–		–
Retailing		22,386		22,386		–		–
Semiconductors and Semiconductor Equipment		19,928		4,403		15,525		–
Software and Services		59,361		51,586		7,775		–
Technology Hardware and Equipment		21,755		14,880		6,875		–
Telecommunication Services		4,858		2,626		2,232		–
Transportation		4,483		4,483		–		–
Utilities		2,515		–		2,515		–
Total		388,193		251,255		136,938		–
Preferred Stocks		2,761		–		2,761		–
Short–Term Investments		6,849		–		6,849		–
Total	$	397,803	$	251,255	$	146,548	$	–
Foreign Currency Contracts*		–		–		–		–
Total	$	–	$	–	$	–	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

The accompanying notes are an integral part of these financial statements.

9

Hartford Global Growth HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $324,589)	$	397,803
Foreign currency on deposit with custodian (cost $38)		38
Unrealized appreciation on foreign currency contracts		—
Receivables:
Investment securities sold		727
Fund shares sold		81
Dividends and interest		751
Total assets		399,400
Liabilities:
Bank overdraft		12
Payables:
Investment securities purchased		616
Fund shares redeemed		481
Investment management fees		49
Distribution fees		3
Accrued expenses		66
Total liabilities		1,227
Net assets	$	398,173
Summary of Net Assets:
Capital stock and paid-in-capital	$	412,522
Undistributed net investment income		4,480
Accumulated net realized loss		(92,049	)
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		73,220
Net assets	$	398,173
Shares authorized		3,400,000
Par value	$	0.001
Class IA: Net asset value per share	$	18.40
Shares outstanding		17,526
Net assets	$	322,391
Class IB: Net asset value per share	$	18.24
Shares outstanding		4,155
Net assets	$	75,782

The accompanying notes are an integral part of these financial statements.

10

Hartford Global Growth HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	3,704
Interest		3
Less: Foreign tax withheld		(311	)
Total investment income, net		3,396
Expenses:
Investment management fees		1,543
Transfer agent fees		—
Distribution fees - Class IB		98
Custodian fees		13
Accounting services fees		29
Board of Directors' fees		6
Audit fees		7
Other expenses		72
Total expenses (before fees paid indirectly)		1,768
Commission recapture		(2	)
Total fees paid indirectly		(2	)
Total expenses, net		1,766
Net Investment Income		1,630
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		32,160
Net realized loss on foreign currency contracts		(231	)
Net realized gain on other foreign currency transactions		182
Net Realized Gain on Investments and Foreign Currency Transactions		32,111
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		10,723
Net unrealized depreciation of foreign currency contracts		—
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(9	)
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		10,714
Net Gain on Investments and Foreign Currency Transactions		42,825
Net Increase in Net Assets Resulting from Operations	$	44,455

The accompanying notes are an integral part of these financial statements.

11

Hartford Global Growth HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	1,630		$	3,002
Net realized gain on investments and foreign currency transactions		32,111			53,493
Net unrealized appreciation of investments and foreign currency transactions		10,714			36,058
Net Increase in Net Assets Resulting from Operations		44,455			92,553
Distributions to Shareholders:
From net investment income
Class IA		—			(2,003	)
Class IB		—			(201	)
Total distributions		—			(2,204	)
Capital Share Transactions:
Class IA
Sold		7,870			18,835
Issued on reinvestment of distributions		—			2,003
Redeemed		(42,810	)		(125,314	)
Total capital share transactions		(34,940	)		(104,476	)
Class IB
Sold		4,231			8,583
Issued on reinvestment of distributions		—			201
Redeemed		(14,168	)		(31,213	)
Total capital share transactions		(9,937	)		(22,429	)
Net decrease from capital share transactions		(44,877	)		(126,905	)
Net Decrease in Net Assets		(422	)		(36,556	)
Net Assets:
Beginning of period		398,595			435,151
End of period	$	398,173		$	398,595
Undistributed (distribution in excess of) net investment income	$	4,480		$	2,850
Shares:
Class IA
Sold		438			1,247
Issued on reinvestment of distributions		—			129
Redeemed		(2,385	)		(8,150	)
Total share activity		(1,947	)		(6,774	)
Class IB
Sold		235			574
Issued on reinvestment of distributions		—			13
Redeemed		(794	)		(2,035	)
Total share activity		(559	)		(1,448	)

The accompanying notes are an integral part of these financial statements.

12

Hartford Global Growth HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Global Growth HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund’s portfolio managers are Matthew D. Hudson (51.13%) and John A. Boselli (48.87%). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The

13

Hartford Global Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

value of the foreign investments in which the Fund invests 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 Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including

14

the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

15

Hartford Global Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the

16

customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. As of June 30, 2013, the Fund had no outstanding when-issued or delayed-delivery investments.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

Risk Exposure Category

Interest Rate Contracts

Foreign Exchange Contracts

Credit Contracts

Equity Contracts

Commodity Contracts

Other Contracts

Total

Assets:

Unrealized appreciation on foreign currency contracts

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Total

$

—

$

—

$

—

$

—

$

—

$

—

$

—

The volume of derivative activity was minimal during the six-month period ended June 30, 2013.

17

Hartford Global Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts			Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Loss on Derivatives Recognized as a Result of Operations:
Net realized loss on foreign currency contracts	$	—	$	(231	)	$	—	$	—	$	—	$	—	$	(231	)
Total	$	—	$	(231	)	$	—	$	—	$	—	$	—	$	(231	)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized appreciation of foreign currency contracts	$	—	$	—		$	—	$	—	$	—	$	—	$	—
Total	$	—	$	—		$	—	$	—	$	—	$	—	$	—

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	6,849	$	—	$	6,849	$	—	$	(6,965	)	$	—
Unrealized appreciation on foreign currency contracts		—		—		—		—		—			—
Total subject to a master netting or similar arrangement	$	6,849	$	—	$	6,849	$	—	$	(6,965	)	$	—

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns

18

of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	2,204	$	149

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	2,850
Accumulated Capital and Other Losses*		(122,483	)
Unrealized Appreciation†		60,829
Total Accumulated Deficit	$	(58,804	)

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. Adjustments are made to reflect the impact these items have on

19

Hartford Global Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(222	)
Accumulated Net Realized Gain (Loss)		222

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	122,483
Total	$	122,483

During the year ended December 31, 2012, the Fund utilized $54,451 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

20

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750%
On next $250 million		0.7250%
On next $500 million		0.6750%
On next $4 billion		0.6250%
On next $5 billion		0.6225%
Over $10 billion		0.6200%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.014%
On next $5 billion		0.012%
Over $10 billion		0.010%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.82	%
Class IB		1.07

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has

21

Hartford Global Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. Hartford Administrative Services Company ("HASCO"), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amound paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.04	%		0.04	%
Total Return Excluding Payment from Affiliate		35.59	%		35.26	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	167,718
Sales Proceeds Excluding U.S. Government Obligations		211,907

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

22

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

23

Hartford Global Growth HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	16.50	$	0.09	$	1.81		$	1.90		$	–		$	–		$	–	$	–		$	18.40
IB		16.38		0.07		1.79			1.86			–			–			–		–			18.24
For the Year Ended December 31, 2012
IA		13.45		0.14		3.00			3.14			(0.09	)		–			–		(0.09	)		16.50
IB		13.34		0.09		2.99			3.08			(0.04	)		–			–		(0.04	)		16.38
For the Year Ended December 31, 2011
IA		15.62		0.08		(2.24	)		(2.16	)		(0.01	)		–			–		(0.01	)		13.45
IB		15.53		0.04		(2.23	)		(2.19	)		–			–			–		–			13.34
For the Year Ended December 31, 2010
IA		13.71		0.04		1.91			1.95			(0.04	)		–			–		(0.04	)		15.62
IB		13.64		–		1.90			1.90			(0.01	)		–			–		(0.01	)		15.53
For the Year Ended December 31, 2009
IA		10.17		0.08		3.55			3.63			(0.09	)		–			–		(0.09	)		13.71
IB		10.12		0.05		3.53			3.58			(0.06	)		–			–		(0.06	)		13.64
For the Year Ended December 31, 2008
IA		22.42		0.12		(11.56	)		(11.44	)		(0.12	)		(0.69	)		–		(0.81	)		10.17
IB		22.27		0.08		(11.47	)		(11.39	)		(0.07	)		(0.69	)		–		(0.76	)		10.12

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

24

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	11.46	%(E)	$	322,391		0.82	%(F)		0.82	%(F)		0.85	%(F)		42	%
	11.32	(E)		75,782		1.07	(F)		1.07	(F)		0.59	(F)		–
	23.41			321,371		0.82			0.82			0.73			108
	23.10			77,224		1.07			1.07			0.47			–
	(13.89	)		352,947		0.80			0.80			0.46			57
	(14.10	)		82,204		1.05			1.05			0.22			–
	14.25			484,754		0.81			0.81			0.28			62
	13.96			118,824		1.06			1.06			0.03			–
	35.64	(G)		488,720		0.81			0.81			0.67			70
	35.31	(G)		126,320		1.06			1.06			0.42			–
	(52.46	)		419,183		0.75			0.75			0.67			76
	(52.58	)		112,226		1.00			1.00			0.42			–

25

Hartford Global Growth HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

26

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

27

Hartford Global Growth HLS Fund

Directors and Officers (Unaudited) – (continued)

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

28

Hartford Global Growth HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,114.60	$	4.30	$	1,000.00	$	1,020.73	$	4.11		0.82	%	181	365
Class IB	$	1,000.00	$	1,113.20	$	5.61	$	1,000.00	$	1,019.49	$	5.36		1.07	%	181	365

29

Hartford Global Growth HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Foreign Investment and Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.

Growth Investing Risk: Growth investments can be volatile, and may fail to increase earnings or grow as quickly as anticipated. Growth-style investing falls in and out of favor, which may result in periods of underperformance.

Mid-cap Stock Risk: Mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

30

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-GG13 8-13 113539-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD GLOBAL RESEARCH HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Global Research HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	13
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	15
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	16
Statement of Changes in Net Assets  for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	17
Notes to Financial Statements (Unaudited)	18
Financial Highlights (Unaudited)	30
Directors and Officers (Unaudited)	32
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records(Unaudited)	34
Quarterly Portfolio Holdings Information (Unaudited)	34
Expense Example (Unaudited)	35
Principal Risks (Unaudited)	36

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Global Research HLS Fund inception 01/31/2008

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term capital appreciation.

Performance Overview 1/31/08 - 6/30/13

 

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		Since Inception▲
Global Research IA		8.50%		19.35%		4.05%		3.32%
Global Research IB		8.34%		19.03%		3.79%		3.06%
MSCI All Country World Index		6.38%		17.21%		2.86%		2.17%

†	Not Annualized
▲	Inception: 01/31/2008

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World Index is a free float-adjusted market capitalization index that measures equity market performance in the global developed and emerging markets, consisting of 45 developed and emerging market country indices. This index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 1.04% and 1.29%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Global Research HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Cheryl M. Duckworth, CFA	Mark D. Mandel, CFA*
Senior Vice President and Associate Director of Global Industry Research	Director and Director of Global Industry Research

* Mr. Mandel supervises a team of global industry analysts that manage the Fund. Mr. Mandel is not involved in day-to-day management of the Fund.

How did the Fund perform?

The Class IA shares of the Hartford Global Research HLS Fund returned 8.50% for the six-month period ended June 30, 2013, outperforming its benchmark, the MSCI All Country World Index, which returned 6.38% for the same period. The Fund also outperformed the 7.31% average return of the Variable Products-Underlying Funds Lipper Global 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 equities (+6.4%), as measured by the MSCI All Country World Index, gained during the six-month period. Favorable global liquidity dynamics and accommodative monetary policy from central banks around the globe provided a tailwind for stocks, helping investors to look past slowing growth and an increase in lending rates in China. Following a dramatic shift in monetary policy by the Bank of Japan to more aggressive management of a 2% inflation target, Japanese equities soared. U.S. equities also outperformed global indexes, as the U.S. economy appeared relatively stable compared to other countries. Although investors initially reacted negatively to news in May that the Federal Reserve (Fed) might slow its bond-buying program sooner than expected, U.S. equities recovered some of those losses toward the end of the quarter. Signs of strength in Germany and France partially offset concerns elsewhere in the eurozone. Ongoing European sovereign-debt issues weighed on investors in Greece and Spain. Political unrest in Turkey, Egypt, and Brazil contributed to declines in emerging markets.

Nine of the ten sectors in the MSCI All Country World Index rose during the period. Health Care (+18%), Consumer Discretionary (+15%), and Consumer Staples (+10%) rose the most while Materials (-14%) and Energy (+0.2%) lagged on a relative basis.

The Fund’s outperformance versus the benchmark was driven by positive security selection in nine of the ten sectors. Stock selection was strongest in Industrials, Materials, and Information Technology while selection in Telecommunication Services detracted from relative performance.

Top contributors to benchmark-relative performance during the period included Delta Airlines (Industrials), an underweight to Apple (Information Technology), and not owning BHP Billiton (Materials). Shares of Delta Air Lines, a U.S.-based air line carrier, rose during the first half of the period, benefitting from continued capacity discipline and industry consolidation; shares continued to rise in the latter half of the period after the company announced a strategy to return $1 billion capital to shareholders. Shares of consumer electronics manufacturer Apple fell during the period as investors feared that the stock may face near term pressure due to increasing competition, slowing growth rates, and compressing margins. Our underweight in the declining stock contributed to benchmark-relative performance. Not owning benchmark-component BHP Billiton, a U.K.-domiciled diversified metals and mining company with global operations, contributed positively to relative performance. BHP’s first half 2013 profits declined meaningfully from its first half 2012 results, raising investors’ concerns and sending the stock lower. The profit decline was due to costs remaining high and petroleum and copper operations missing targets. Top contributors to absolute performance (i.e. total return) also included Citigroup (Financials) and Bristol-Myers Squibb (Health Care).

The largest detractors from benchmark-relative returns were VeriFone Systems (Information Technology), Banco Santander Brasil (Financials), and Whitehaven Coal (Energy). VeriFone Systems, an electronic payment solution provider, underperformed during the period after the company lowered its earnings guidance citing weak macroeconomic conditions in Europe, lower revenue from Brazil-based business, and delays in customer projects. Shares of Banco Santander, a Brazil-based bank, fell during the period after the company underperformed and was forced to lay off employees. Shares of Whitehaven Coal, a company engaged in the development and operation of coal mines, declined during the period as a result of the weak metallurgical coal market and increasing coal supply. Top absolute detractors during the period included Rio Tinto (Materials) and Apple (Information Technology).

3

Hartford Global Research HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

What is the outlook?

In Information Technology, we believe that the market has a negative view of stocks exposed to the PC (personal computer) business due to poor demand trends and execution challenges from the launch of Windows 8. In contrast to this view, we believe that improving world economic growth and the replacement cycle in the developed market will improve demand for PCs and related businesses in the value chain.

Within Industrials, we believe that commercial after-market aerospace suppliers are well-positioned to generate attractive growth. We also have a favorable view of select defense stocks with attractive capital allocation. Among transportation stocks, we believe our holdings in select U.S.-based companies should benefit from the steady economic recovery in the U.S.

Within Consumer Staples, we believe that many global and local tobacco companies continue to operate with competitive business models and generate strong results.

The Fund ended the period most overweight (i.e. the Fund’s sector position was greater than the benchmark position) the Consumer Discretionary, Consumer Staples, and Information Technology sectors and most underweight the Financials, Energy, and Telecommunication Services sectors relative to the MSCI All Country World Index. The Fund’s largest absolute weightings were in the Consumer Discretionary, Consumer Staples, and Information Technology sectors.

Diversification by Country

as of June 30, 2013

	Percentage of
Country	Net Assets
Australia		1.4	%
Belgium		1.4
Brazil		1.8
Canada		2.9
China		1.0
Cyprus		0.0
Denmark		0.4
Finland		0.1
France		2.5
Germany		1.8
Greece		0.0
Hong Kong		0.9
India		1.0
Indonesia		0.1
Ireland		0.8
Israel		0.6
Italy		0.4
Japan		4.2
Luxembourg		0.4
Malaysia		0.6
Marshall Islands		0.1
Mexico		0.0
Netherlands		1.4
Norway		1.4
Papua New Guinea		0.2
Philippines		0.1
Poland		0.2
Portugal		0.1
Russia		0.1
Singapore		0.1
South Africa		0.6
South Korea		1.8
Spain		0.6
Sweden		0.3
Switzerland		3.0
Taiwan		0.9
Thailand		0.0
Turkey		0.3
United Kingdom		5.8
United States		57.8
Short-Term Investments		1.6
Other Assets and Liabilities		1.3
Total		100.0	%

4

Hartford Global Research HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.6%
		Automobiles and Components - 1.8%
	3	Bayerische Motoren Werke (BMW) AG	$	245
	17	Ford Motor Co.		270
	33	Nissan Motor Co., Ltd.		328
	8	Toyota Motor Corp.		463
				1,306
		Banks - 6.8%
	5	Alior Bank S.A. ●		135
	38	Banco ABC Brasil S.A.		224
	60	Banco Santander Brasil S.A.		371
	8	Bancorpsouth, Inc.		143
	5	BNP Paribas		257
	4	BOK Financial Corp.		243
	11	BS Financial Group, Inc.		143
	5	Canadian Imperial Bank of Commerce ☼		333
	2	Citizens & Northern Corp.		29
	4	Concentradora Fibra Hotelera		8
	—	ConnectOne Bancorp Inc. ●		6
	15	DGB Financial Group, Inc.		207
	31	DNB ASA		445
	411	E.Sun Financial Holdings Co		250
	1	Gronlandsbanken		63
	4	Hana Financial Holdings		103
	4	Home Capital Group, Inc.		213
	21	Itau Unibanco Banco Multiplo S.A. ADR		276
	6	KBC Groep N.V.		220
	5	National Bank of Canada ☼		327
	3	Shinhan Financial Group Co., Ltd.		107
	30	Spar Nord Bank A/S ●		192
	22	Standard Chartered plc		482
	233	Turkiye Sinai Kalkinma Bankasi A.S.		231
				5,008
		Capital Goods - 7.0%
	5	AMETEK, Inc.		214
	16	BAE Systems plc		93
	3	Boeing Co.		283
	1	Brenntag AG		204
	1	Carlisle Cos., Inc.		34
	5	Colfax Corp. ●		248
	2	Compagnie De Saint-Gobain		91
	4	Danaher Corp.		235
	1	Dover Corp.		41
	2	Eaton Corp. plc		99
	1	European Aeronautic Defence & Space Co. N.V.		68
	19	First Tractor Co.		10
	23	General Electric Co.		526
	15	GrafTech International Ltd. ●		106
	3	Honeywell International, Inc.		250
	3	IDEX Corp.		156
	4	Illinois Tool Works, Inc.		243
	3	Ingersoll-Rand plc		149
	5	KBR, Inc.		174
	1	Komatsu Ltd.		26
	1	Leighton Holdings Ltd.		10
	1	Lockheed Martin Corp.		150
	10	Luxfer Holdings plc		166
	—	Moog, Inc. Class A ●		23
	1	Northrop Grumman Corp.		68
	4	Pentair Ltd.		236
	2	Raytheon Co.		106
	8	Rexel S.A.		182
	9	Rolls-Royce Holdings plc		150
	5	Russel Metals, Inc. ☼		115
	2	Safran S.A.		101
	1	Textron, Inc.		37
	4	United Technologies Corp.		328
	3	Vinci S.A.		127
	2	WESCO International, Inc. ●		117
				5,166
		Commercial and Professional Services - 0.4%
	3	Huron Consulting Group, Inc. ●		134
	3	Nielsen Holdings N.V.		115
	1	Quintiles Transnational Holdings ●		43
	7	Transfield Services Ltd.		5
				297
		Consumer Durables and Apparel - 2.2%
	1	Adidas AG		134
	4	Brunello Cucinelli S.p.A.		94
	7	Coway Co., Ltd.		359
	2	Fifth & Pacific Cos., Inc. ●		52
	3	iRobot Corp. ●		130
	1	LVMH Moet Hennessy Louis Vuitton S.A.		177
	2	Michael Kors Holdings Ltd. ●		128
	4	NIKE, Inc. Class B		267
	1	Persimmon plc		11
	1	PVH Corp.		89
	75	Samsonite International S.A.		179
				1,620
		Consumer Services - 0.6%
	3	Carnival Corp.		103
	1	Churchill Downs, Inc.		46
	1	McDonald's Corp.		57
	30	MGM China Holdings Ltd.		80
	2	Norwegian Cruise Line Holdings Ltd. ●		55
	8	Sands China Ltd.		39
	—	Starwood Hotels & Resorts, Inc.		22
	—	Whitbread plc		15
	—	Wyndham Worldwide Corp.		27
				444
		Diversified Financials - 4.0%
	24	CETIP S.A. - Mercados Organizado		239
	71	Challenger Financial Services Group Ltd.		257
	16	Citigroup, Inc.		763
	11	EFG International AG ●		135
	1	IntercontinentalExchange, Inc. ●		124
	8	JP Morgan Chase & Co.		397
	10	Julius Baer Group Ltd.		406
	36	UBS AG		616
				2,937
		Energy - 8.2%
	3	Anadarko Petroleum Corp.		279
	2	Baker Hughes, Inc.		92
	47	Beach Energy Ltd.		49
	25	BG Group plc		422
	44	BP plc		302
	5	BP plc ADR		215
	11	Buru Energy Ltd. ●		12
	21	Cairn Energy plc ●		80

The accompanying notes are an integral part of these financial statements.

5

Hartford Global Research HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.6% - (continued)
		Energy - 8.2% - (continued)
	4	Canadian Natural Resources Ltd. ADR	$	104
	5	Chevron Corp.		534
	78	CNOOC Ltd.		131
	3	Cobalt International Energy, Inc. ●		91
	2	ConocoPhillips Holding Co.		136
	3	Consol Energy, Inc.		86
	1	Dril-Quip, Inc. ●		98
	3	Enbridge, Inc. ☼		126
	6	EnCana Corp. ADR		97
	1	EOG Resources, Inc.		170
	2	Exxon Mobil Corp.		186
	7	Galp Energia SGPS S.A.		101
	5	Halliburton Co.		219
	5	Imperial Oil Ltd.		193
	12	JX Holdings, Inc.		56
	11	Karoon Gas Australia Ltd. ●		53
	1	Marathon Petroleum Corp.		90
	3	MEG Energy Corp. ●☼		82
	1	National Oilwell Varco, Inc.		67
	103	New Standard Energy Ltd. ●		11
	10	OAO Rosneft Oil Co. GDR §		67
	3	Ocean Rig UDW, Inc. ●		58
	13	Oil Search Ltd.		90
	17	Ophilr Energy plc ●		94
	4	Patterson-UTI Energy, Inc.		69
	7	Petroleo Brasileiro S.A. ADR		87
	4	Phillips 66		209
	1	Pioneer Natural Resources Co.		194
	9	Reliance Industries Ltd.		124
	6	Repsol S.A.		121
	4	Repsol S.A. Rights		2
	5	Santos Ltd.		57
	1	Schlumberger Ltd.		107
	3	Southwestern Energy Co. ●		119
	8	Statoil ASA		160
	3	Superior Energy Services, Inc. ●		71
	1	Tesoro Corp.		78
	7	Tonengeneral Sekiyu KK		68
	1	Tourmaline Oil Corp. ●		51
	6	Trican Well Service Ltd.		79
	2	Whiting Petroleum Corp. ●		74
				6,061
		Food and Staples Retailing - 2.1%
	7	Carrefour S.A.		190
	2	Costco Wholesale Corp.		266
	2	CVS Caremark Corp.		92
	6	Seven & I Holdings Co., Ltd.		226
	29	Tesco plc		148
	8	Walgreen Co.		351
	9	Woolworths Ltd.		255
				1,528
		Food, Beverage and Tobacco - 9.3%
	25	Altria Group, Inc.		875
	6	Anheuser-Busch InBev N.V.		519
	18	Coca-Cola Co.		713
	4	Coca-Cola Enterprises, Inc.		147
	17	Diageo Capital plc		500
	3	Dr. Pepper Snapple Group		156
	2	GLG Life Technology Corp. ●		1
	43	ITC Ltd.		236
	4	Kraft Foods Group, Inc.		205
	21	Lorillard, Inc.		935
	14	Mondelez International, Inc.		400
	12	Nestle S.A.		770
	6	New Britain Palm Oil Ltd.		47
	7	PepsiCo, Inc.		552
	9	Philip Morris International, Inc.		780
				6,836
		Health Care Equipment and Services - 3.0%
	2	Abbott Laboratories		54
	1	Aetna, Inc.		94
	2	Al Noor Hospitals Group ●		20
	2	Allscripts Healthcare Solutions, Inc. ●		27
	17	Boston Scientific Corp. ●		156
	2	Cardinal Health, Inc.		82
	2	CIGNA Corp.		179
	3	Covidien plc		218
	2	HCA Holdings, Inc.		82
	3	Health Management Associates, Inc. Class A ●		51
	3	Hologic, Inc. ●		53
	—	M3, Inc.		110
	2	McKesson Corp.		231
	4	Medtronic, Inc.		181
	5	NMC Health plc		20
	—	Qualicorp S.A. ●		3
	1	Rhoen-Klinikum AG		32
	6	Smith & Nephew plc		70
	1	St. Jude Medical, Inc.		59
	—	Straumann Holding AG		26
	3	Stryker Corp.		183
	4	UnitedHealth Group, Inc.		277
	1	Zimmer Holdings, Inc.		48
				2,256
		Household and Personal Products - 0.4%
	2	Beiersdorf AG		155
	—	Coty, Inc. ●		6
	34	Jyothy Laboratories Ltd.		102
				263
		Insurance - 3.4%
	4	Ageas		123
	17	AXA S.A.		330
	2	Berkshire Hathaway, Inc. Class B ●		239
	13	Delta Lloyd N.V.		268
	79	Direct Line Insurance Group plc		279
	22	Discovery Ltd. ☼		184
	5	Hanover Insurance Group, Inc.		235
	57	RMI Holdings ☼		145
	38	Storebrand ASA		182
	5	Unum Group		147
	13	XL Group plc		401
				2,533
		Materials - 5.0%
	2	Air Products & Chemicals, Inc. ‡		185
	3	Akzo Nobel N.V.		153
	10	Allegheny Technologies, Inc. ‡		253
	13	ArcelorMittal ADR		144
	4	Asahi Kasei Corp.		25
	11	AuRico Gold, Inc.		46

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.6% - (continued)
		Materials - 5.0% - (continued)
	5	AZ Electronic Materials S.A.	$	24
	3	Ball Corp.		141
	2	BHP Billiton plc		59
	3	Billerud		26
	1	Cabot Corp.		30
	1	Celanese Corp.		66
	54	China Shanshui Cement Group		24
	4	Constellium N.V. ●		67
	2	Crown Holdings, Inc. ●		73
	4	Dow Chemical Co.		126
	7	EcoSynthetix, Inc. ●		28
	64	Fosun International		47
	10	Graphic Packaging Holding Co. ●		80
	2	HeidelbergCement AG		115
	82	Huabao International Holdings Ltd.		36
	6	Indocement Tunggal Prakarsa Tbk PT		14
	2	International Paper Co.		97
	2	JSR Corp.		38
	2	Lafarge S.A.		100
	1	Lanxess		43
	3	LyondellBasell Industries Class A		198
	1	MeadWestvaco Corp.		30
	2	Methanex Corp. ADR		84
	5	Mitsubishi Chemical Holdings		24
	215	Mongolian Mining Corp. ●		40
	1	Monsanto Co.		98
	1	Mosaic Co.		49
	15	Nine Dragons Paper Holdings		9
	3	Nippon Shokubai Co., Ltd.		30
	6	NuFarm Ltd.		25
	5	Omnova Solutions, Inc. ●		38
	4	Owens-Illinois, Inc. ●		101
	53	Platinum Group Metals Ltd. ●☼		46
	5	Rexam plc		35
	8	Rio Tinto plc		339
	1	Shin-Etsu Chemical Co., Ltd.		69
	9	Smurfit Kappa Group plc		148
	8	Synthomer plc		23
	2	Tikkurila Oyj		38
	8	Ube Industries Ltd.		15
	1	Umicore S.A.		44
	5	Universal Stainless & Alloy Products, Inc. ●		157
	—	Westlake Chemical Corp.		27
				3,707
		Media - 3.4%
	—	AMC Networks, Inc. Class A ●		22
	3	Cablevision Systems Corp.		54
	1	CBS Corp. Class B		40
	2	Charter Communications, Inc. ●		245
	3	Comcast Corp. Class A		113
	6	Comcast Corp. Special Class A		227
	3	DreamWorks Animation SKG, Inc. ●		74
	—	Fuji Media Holdings, Inc.		32
	2	Imax Corp. ●		48
	8	Interpublic Group of Cos., Inc.		115
	2	MDC Partners, Inc. Class A		30
	3	Omnicom Group, Inc.		182
	3	Pandora Media, Inc. ●		58
	4	Reed Elsevier Capital, Inc.		49
	21	Sirius XM Radio, Inc. w/ Rights		71
	3	Thomson Reuters Corp. ☼		93
	2	Time Warner Cable, Inc.		169
	5	Time Warner, Inc.		278
	2	Tremor Video, Inc. ●		13
	2	TV Asahi Corp.		36
	9	Walt Disney Co.		598
				2,547
		Pharmaceuticals, Biotechnology and Life Sciences - 7.7%
	1	Acorda Therapeutics, Inc. ●		38
	1	Actavis, Inc. ●‡		115
	1	Actelion Ltd.		44
	2	Agilent Technologies, Inc.		85
	2	Algeta ASA ●		67
	6	Alkermes plc ●		172
	3	Almirall S.A.		40
	6	Arena Pharmaceuticals, Inc. ●		47
	2	Astellas Pharma, Inc.		90
	4	AstraZeneca plc ADR		171
	2	Auxilium Pharmaceuticals, Inc. ●		39
	1	Biogen Idec, Inc. ●		145
	10	Bristol-Myers Squibb Co.		469
	3	Cadence Pharmaceuticals, Inc. ●		19
	1	Covance, Inc. ●		69
	1	Cubist Pharmaceuticals, Inc. ●		52
	7	Daiichi Sankyo Co., Ltd.		117
	3	Eisai Co., Ltd.		109
	18	Elan Corp. plc ADR ●		248
	9	Eli Lilly & Co.		419
	15	Exelixis, Inc. ●		67
	5	Forest Laboratories, Inc. ●		193
	6	Gilead Sciences, Inc. ●		330
	2	H. Lundbeck A/S		41
	2	Immunogen, Inc. ●		40
	2	Incyte Corp. ●		36
	1	Infinity Pharmaceuticals, Inc. ●		17
	2	Ironwood Pharmaceuticals, Inc. ●		21
	2	Johnson & Johnson		178
	3	Medicines Co. ●		104
	8	Merck & Co., Inc.		373
	3	Mylan, Inc. ●		103
	2	NPS Pharmaceuticals, Inc. ●		29
	1	Ono Pharmaceutical Co., Ltd.		49
	1	Onyx Pharmaceuticals, Inc. ●		100
	2	Regeneron Pharmaceuticals, Inc. ●		393
	5	Rigel Pharmaceuticals, Inc. ●		18
	1	Roche Holding AG		173
	—	Salix Pharmaceuticals Ltd. ●		12
	2	Seattle Genetics, Inc. ●		66
	11	Shionogi & Co., Ltd.		222
	8	Teva Pharmaceutical Industries Ltd. ADR		316
	2	UCB S.A.		118
	1	Vertex Pharmaceuticals, Inc. ●		110
	2	Xenoport, Inc. ●		10
				5,674
		Real Estate - 2.4%
	—	Acadia Realty Trust REIT		9
	—	Alexander & Baldwin, Inc. ●		15
	1	American Assets Trust, Inc. REIT		22
	2	American Tower Corp. REIT		133
	9	Ascendas REIT		16

The accompanying notes are an integral part of these financial statements.

7

Hartford Global Research HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.6% - (continued)
		Real Estate - 2.4% - (continued)
	3	Asesor De Activos Prisma SAP REIT	$	4
	—	AvalonBay Communities, Inc. REIT		63
	222	Bekasi Fajar Industrial Estate Tbk PT		18
	7	Beni Stabili S.p.A.		4
	3	Big Yellow Group REIT		15
	—	Boston Properties, Inc. REIT		36
	1	British Land Co. plc REIT		4
	—	Camden Property Trust REIT		28
	2	Corporacion Inmobiliaria Vesta S. de RL de C.V.		4
	1	Cousins Properties, Inc. REIT		6
	1	DDR Corp. REIT		21
	1	Derwent London plc REIT		38
	25	Dexus Property Group REIT		24
	1	Douglas Emmett, Inc. REIT		27
	—	EastGroup Properties, Inc. REIT		19
	—	Education Realty Trust, Inc. REIT		2
	—	Equity Lifestyle Properties, Inc. REIT		27
	—	Essex Property Trust, Inc. REIT		41
	1	EuroBank Properties REIT ●		8
	—	Extra Space Storage, Inc. REIT		18
	4	Fibra Uno Administracion S.A. REIT		15
	2	Forest City Enterprises, Inc. Class A ●		27
	33	Fortune REIT		31
	3	General Growth Properties, Inc. REIT		55
	7	Goodman Group REIT		31
	3	Hammerson plc REIT		24
	1	Health Care, Inc. REIT		67
	1	Healthcare Trust of America, Inc. REIT		11
	2	Host Hotels & Resorts, Inc. REIT		26
	—	Icade REIT		9
	—	Industrial & Infrastructure Fund Investment Corp. REIT		29
	—	Japan Logistics Fund REIT		37
	—	Kilroy Realty Corp. REIT		19
	11	Link (The) REIT		53
	15	Mirvac Group REIT		22
	2	Mitsubishi Estate Co., Ltd.		65
	2	Mitsui Fudosan Co., Ltd.		66
	—	Ntt Urban Development Corp.		40
	358	Pakuwon Jati TBK		12
	—	Public Storage REIT		48
	1	Rayonier, Inc. REIT		29
	53	Robinsons Land Corp.		25
	1	Simon Property Group, Inc. REIT		99
	11	Sino Land Co., Ltd.		15
	—	SL Green Realty Corp. REIT		35
	1	Stag Industrial, Inc. REIT		13
	4	Sun Hung Kai Properties Ltd.		45
	30	Supalai Public Co., Ltd. ☼		17
	—	Taubman Centers, Inc. REIT		29
	—	Unibail Rodamco REIT		55
	3	Unite Group plc		19
	—	Wereldhave N.V. REIT		9
	7	Westfield Group REIT		73
	1	Wihlborgs Fastigheter A.B.		14
				1,766
		Retailing - 5.4%
	3	Amazon.com, Inc. ●		940
	—	AutoZone, Inc. ●		144
	8	Best Buy Co., Inc.		208
	2	Dick's Sporting Goods, Inc.		100
	4	Dollar Tree, Inc. ●		203
	1	DSW, Inc.		63
	1	Five Below, Inc. ●		29
	2	GNC Holdings, Inc.		80
	4	Hennes & Mauritz Ab		133
	2	HSN, Inc.		84
	102	Intime Department Store Group Co., Ltd.		99
	4	Liberty Media - Interactive A ●		95
	14	LightInTheBox Holdings Co., LTD ●		186
	15	Lowe's Cos., Inc.		620
	30	Marks & Spencer Group plc		194
	1	Netflix, Inc. ●		153
	2	Nordstrom, Inc.		91
	3	Pier 1 Imports, Inc.		59
	—	Priceline.com, Inc. ●		274
	9	Rakuten, Inc.		111
	1	Ryohin Keikaku Co., Ltd.		91
	2	Urban Outfitters, Inc. ●		69
				4,026
		Semiconductors and Semiconductor Equipment - 2.3%
	4	ASM Pacific Technology Ltd.		48
	1	ASML Holding N.V.		109
	2	Cypress Semiconductor Corp.		19
	2	First Solar, Inc. ●		75
	3	Hynix Semiconductor, Inc.		94
	21	Intel Corp.		519
	2	International Rectifier Corp. ●		36
	2	Lam Research Corp. ●		84
	7	NXP Semiconductors N.V. ●		230
	12	RF Micro Devices, Inc. ●		64
	—	Samsung Electronics Co., Ltd.		206
	1	Silicon Laboratories, Inc. ●		50
	47	Taiwan Semiconductor Manufacturing Co., Ltd.		170
				1,704
		Software and Services - 7.2%
	2	Accenture plc		177
	9	Activision Blizzard, Inc. ‡		131
	2	Akamai Technologies, Inc. ●		93
	1	Alliance Data Systems Corp. ●		190
	3	Autodesk, Inc. ●		94
	2	Automatic Data Processing, Inc.		155
	9	Cadence Design Systems, Inc. ●		130
	2	Citrix Systems, Inc. ●		147
	2	Cognizant Technology Solutions Corp. ●		133
	1	CyrusOne, Inc.		28
	4	Dropbox, Inc. ⌂●†		38
	10	eBay, Inc. ●		532
	—	Equinix, Inc. ●		23
	1	Exlservice Holdings, Inc. ●		38
	8	Facebook, Inc. ●		206
	10	Genpact Ltd.		186
	1	Google, Inc. ●		484
	—	Heartland Payment Systems, Inc.		11
	22	Higher One Holdings, Inc. ●		255
	1	IBM Corp.		244

The accompanying notes are an integral part of these financial statements.

8

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.6% - (continued)
		Software and Services - 7.2% - (continued)
	5	Kakaku.com, Inc.	$	157
	1	LinkedIn Corp. Class A ●		231
	10	Microsoft Corp.		360
	4	Pactera Technology International Ltd. ●		29
	3	QLIK Technologies, Inc. ●		71
	4	Teradata Corp. ●		190
	16	VeriFone Systems, Inc. ●		270
	2	Visa, Inc.		358
	13	Yahoo!, Inc. ●		331
				5,292
		Technology Hardware and Equipment - 3.5%
	13	AAC Technologies Holdings, Inc.		75
	10	Advantech Co., Ltd.		49
	4	Anritsu Corp.		50
	1	Apple, Inc.		419
	1	Arrow Electronics, Inc. ●		48
	5	Asustek Computer, Inc.		46
	1	Avnet, Inc. ●		50
	3	Ciena Corp. ●		62
	17	Cisco Systems, Inc.		421
	13	Delta Electronics, Inc.		58
	13	EMC Corp.		306
	16	JDS Uniphase Corp. ●		225
	19	Juniper Networks, Inc. ●		365
	1	National Instruments Corp.		21
	—	QIWI plc ADR		8
	1	Rogers Corp. ●		58
	5	Telefonaktiebolaget LM Ericsson ADR		59
	2	TPK Holding Co., Ltd. ●		38
	2	Trimble Navigation Ltd. ●		47
	7	Wacom Co., Ltd.		82
	72	WPG Holdings Co., Ltd.		85
				2,572
		Telecommunication Services - 3.1%
	46	Axiata Group Berhad		95
	114	Bezeq Israeli Telecommunication Corp., Ltd.		152
	32	Bharti Airtel Ltd.		158
	24	Bharti Infratel Ltd.		62
	73	China Unicom Ltd.		96
	2	Crown Castle International Corp. ●		171
	13	Frontier Communications Co.		51
	2	KDDI Corp.		84
	2	KT Corp. ADR		26
	22	Leap Wireless International, Inc. ●		149
	6	MTN Group Ltd. ☼		104
	6	NII Holdings, Inc. Class B ●		43
	1	P.T. Telekomunikasi Indonesia ADR		58
	1	Philippine Long Distance Telephone Co. ADR		65
	2	SBA Communications Corp. ●		118
	6	SK Telecom Co., Ltd. ADR		117
	1	SoftBank Corp.		60
	27	Sprint Nextel Corp. ●		189
	10	Telefonica S.A. ADR		131
	9	Telenor ASA		181
	2	T-Mobile US, Inc.		39
	4	TW Telecom, Inc. ●		121
				2,270
		Transportation - 3.4%
	238	AirAsia Berhad		239
	82	AirAsia X Berhad ●☼		32
	4	Celadon Group, Inc.		66
	7	Covenant Transport ●		42
	31	Delta Air Lines, Inc. ●		584
	1	DSV A/S		19
	3	FedEx Corp.		260
	—	Flughafen Zuerich AG		55
	1	Genesee & Wyoming, Inc. Class A ●		97
	3	Hertz Global Holdings, Inc. ●		80
	3	J.B. Hunt Transport Services, Inc.		183
	1	Kansas City Southern		91
	28	Malaysia Airports Holdings BHD		56
	2	Norfolk Southern Corp.		178
	19	Transurban Group		120
	18	US Airways Group, Inc. ●		297
	7	Vitran Corp., Inc. ●		46
	3	XPO Logistics, Inc. ●		54
				2,499
		Utilities - 4.0%
	2	Alliant Energy Corp.		87
	3	American Electric Power Co., Inc.		115
	6	Calpine Corp. ●		135
	7	Cheung Kong Infrastructure Holdings Ltd.		43
	7	Cia de Saneamento Basico do Estado de Sao Paulo		70
	4	Cia Paranaense de Energie		43
	5	Duke Energy Corp.		321
	9	E.On SE		149
	33	Enel Green Power S.p.A.		68
	20	Enel S.p.A.		63
	13	ENN Energy Holdings Ltd.		71
	5	GDF Suez		104
	101	Guangdong Investment Ltd.		88
	16	Iberdrola S.A.		84
	—	Infraestructura Energetica Nova, S.A.B. de C.V. ●		1
	23	National Grid plc		260
	6	NextEra Energy, Inc.		485
	3	Northeast Utilities		123
	19	NTPC Ltd.		47
	2	OGE Energy Corp.		150
	15	Osaka Gas Co., Ltd.		63
	4	PG&E Corp.		187
	1	Red Electrica Corporacion S.A.		33
	11	Snam S.p.A.		50
	6	Suez Environment S.A.		83
	10	Tokyo Gas Co., Ltd.		53
				2,976
		Total common stocks
		(cost $64,629)	$	71,288
PREFERRED STOCKS - 0.4%
		Automobiles and Components - 0.3%
	1	Volkswagen AG N.V.	$	239

The accompanying notes are an integral part of these financial statements.

9

Hartford Global Research HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
PREFERRED STOCKS - 0.4% - (continued)
		Software and Services - 0.1%
	7	FireEye, Inc. Private Placement ⌂†			$	81
		Total preferred stocks
		(cost $303)			$	320
WARRANTS - 0.0%
		Telecommunication Services - 0.0%
	1	Micex AP Generis ⌂■			$	2
		Total warrants
		(cost $2)			$	2
EXCHANGE TRADED FUNDS - 0.1%
		Other Investment Pools and Funds - 0.1%
	1	iShares S&P North American Technology Sector Index Fund			$	74
		Total exchange traded funds
		(cost $73)			$	74
		Total long-term investments
		(cost $65,007)			$	71,684
SHORT-TERM INVESTMENTS - 1.6%
Repurchase Agreements - 1.6%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $4, collateralized by GNMA 3.00%, 2042, value of $4)
$	4	0.13%, 6/28/2013			$	4
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $92, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $93)
	92	0.15%, 6/28/2013				92
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $178, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $181)
	178	0.12%, 6/28/2013				178
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $123, collateralized by U.S. Treasury Note 3.13%, 2021, value of $125)
	123	0.10%, 6/28/2013				123
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $364, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $369)
	364	0.10%, 6/28/2013				364
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $4, collateralized by FNMA 4.50%, 2035, value of $4)
	4	0.25%, 6/28/2013				4
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $146, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $149)
	146	0.10%, 6/28/2013				146
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $257, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $262)
	257	0.12%, 6/28/2013				257
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $4, collateralized by U.S. Treasury Note 0.63%, 2014, value of $4)
	4	0.09%, 6/28/2013				4
						1,172
		Total short-term investments
		(cost $1,172)			$	1,172
		Total investments
		(cost $66,179) ▲	98.7	%	$	72,856
		Other assets and liabilities	1.3	%		959
		Total net assets	100.0	%	$	73,815

The accompanying notes are an integral part of these financial statements.

10

Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.
	Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $67,338 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	8,624
Unrealized Depreciation		(3,106	)
Net Unrealized Appreciation	$	5,518

†	These securities were valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company's Board of Directors.  At June 30, 2013, the aggregate value of these securities was $119, which represents 0.2% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.
●	Non-income producing.
■	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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $2, which rounds to zero percent of total net assets.
§	These securities were sold to the Fund under Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933.  The Fund may only be able to resell these securities in the United States if an exemption from registration under the federal and state securities laws is available, or the Fund may only be able to sell these securities outside of the United States (such as on a foreign exchange) to a non-U.S. person. Unless otherwise indicated, these holdings are determined to be liquid.  At June 30, 2013, the aggregate value of these securities was $67, which represents 0.1% of total net assets.
⌂	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
05/2012		4	Dropbox, Inc.	$	38
12/2012		7	FireEye, Inc. Private Placement Preferred		71
05/2013		1	Micex AP Generis Warrants - 144A		2

At June 30, 2013, the aggregate value of these securities was $121, which represents 0.2% of total net assets.

☼	This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $652 at June 30, 2013.
‡	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

Foreign Currency Contracts Outstanding at June 30, 2013

Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
AUD	Buy	07/03/2013	JPM	$	266	$	264	$	(2	)
AUD	Sell	07/01/2013	CBA		27		26		1
AUD	Sell	07/01/2013	JPM		177		176		1
CHF	Buy	07/03/2013	UBS		525		525		–
CHF	Sell	07/03/2013	UBS		319		319		–
DKK	Buy	07/03/2013	JPM		105		105		–
EUR	Buy	07/02/2013	HSBC		291		291		–
EUR	Buy	07/03/2013	HSBC		880		880		–
EUR	Sell	07/02/2013	HSBC		165		165		–
EUR	Sell	07/03/2013	HSBC		1,308		1,308		–

The accompanying notes are an integral part of these financial statements.

11

Hartford Global Research HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Foreign Currency Contracts Outstanding at June 30, 2013 - (continued)

Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
GBP	Buy	07/03/2013	BCLY	$	507	$	507	$	–
GBP	Sell	07/03/2013	BCLY		2,244		2,244		–
HKD	Buy	07/03/2013	JPM		268		268		–
HKD	Sell	07/03/2013	JPM		487		487		–
IDR	Buy	07/01/2013	JPM		1		1		–
JPY	Buy	07/01/2013	DEUT		395		389		(6	)
JPY	Buy	07/03/2013	JPM		509		508		(1	)
JPY	Sell	07/01/2013	DEUT		391		359		32
JPY	Sell	07/01/2013	DEUT		30		30		–
JPY	Sell	07/29/2013	DEUT		218		215		3
JPY	Sell	12/20/2013	DEUT		153		151		2
JPY	Sell	07/01/2013	JPM		38		37		1
JPY	Sell	07/03/2013	JPM		1,590		1,588		2
MYR	Buy	07/08/2013	JPM		32		33		1
NOK	Buy	07/03/2013	JPM		322		322		–
NOK	Sell	07/03/2013	JPM		127		127		–
PLN	Buy	07/03/2013	JPM		53		53		–
PLN	Sell	07/03/2013	JPM		16		16		–
SEK	Buy	07/03/2013	JPM		27		27		–
SEK	Sell	07/03/2013	JPM		76		76		–
SGD	Buy	07/03/2013	JPM		11		11		–
SGD	Sell	07/03/2013	JPM		165		165		–
TRY	Buy	07/02/2013	JPM		85		85		–
ZAR	Buy	07/05/2013	JPM		162		162		–
								$	34

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
CBA	Commonwealth Bank of Australia
DEUT	Deutsche Bank Securities, Inc.
HSBC	HSBC Bank USA
JPM	JP Morgan Chase & Co.
UBS	UBS AG
Currency Abbreviations:
AUD	Australian Dollar
CHF	Swiss Franc
DKK	Danish Krone
EUR	EURO
GBP	British Pound
HKD	Hong Kong Dollar
IDR	Indonesian New Rupiah
JPY	Japanese Yen
MYR	Malaysian Ringgit
NOK	Norwegian Krone
PLN	Polish New Zloty
SEK	Swedish Krona
SGD	Singapore Dollar
TRY	Turkish New Lira
ZAR	South African Rand
Index Abbreviations:
S&P	Standard & Poors
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GDR	Global Depositary Receipt
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

12

Hartford Global Research HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks
Automobiles and Components	$	1,306	$	270	$	1,036	$	–
Banks		5,008		2,173		2,835		–
Capital Goods		5,166		4,104		1,062		–
Commercial and Professional Services		297		292		5		–
Consumer Durables and Apparel		1,620		666		954		–
Consumer Services		444		310		134		–
Diversified Financials		2,937		1,523		1,414		–
Energy		6,061		4,130		1,931		–
Food and Staples Retailing		1,528		709		819		–
Food, Beverage and Tobacco		6,836		4,764		2,072		–
Health Care Equipment and Services		2,256		2,050		206		–
Household and Personal Products		263		6		257		–
Insurance		2,533		1,301		1,232		–
Materials		3,707		2,164		1,543		–
Media		2,547		2,430		117		–
Pharmaceuticals, Biotechnology and Life Sciences		5,674		4,645		1,029		–
Real Estate		1,766		960		806		–
Retailing		4,026		3,398		628		–
Semiconductors and Semiconductor Equipment		1,704		1,186		518		–
Software and Services		5,292		5,097		157		38
Technology Hardware and Equipment		2,572		2,089		483		–
Telecommunication Services		2,270		1,278		992		–
Transportation		2,499		2,034		433		32
Utilities		2,976		1,717		1,259		–
Total		71,288		49,296		21,922		70
Exchange Traded Funds		74		74		–		–
Preferred Stocks		320		–		239		81
Warrants		2		2		–		–
Short-Term Investments		1,172		–		1,172		–
Total	$	72,856	$	49,372	$	23,333	$	151
Foreign Currency Contracts*		43		–		43		–
Total	$	43	$	–	$	43	$	–
Liabilities:
Foreign Currency Contracts*		9		–		9		–
Total	$	9	$	–	$	9	$	–

♦ For the six-month period ended June 30, 2013, investments valued at $1,216 were transferred from Level 1 to Level 2, and investments valued at $49 were transferred from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to:

1)	Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1).
2)	U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2).
3)	Equity investments with no observable trading but a bid or close price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1).

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

The accompanying notes are an integral part of these financial statements.

13

Hartford Global Research HLS Fund

Investment Valuation Hierarchy Level Summary – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization		Purchases		Sales			Transfers Into Level 3 *		Transfers Out of Level 3 *			Balance as of June 30, 2013
Assets:
Common Stocks	$	37	$	—	$	2	†	$	—	$	33	$	(1	)	$	—	$	(1	)	$	70
Preferred Stocks		64		—		17	‡		—		—		—			—		—			81
Total	$	101	$	—	$	19		$	—	$	33	$	(1	)	$	—	$	(1	)	$	151

* Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to:

1)	Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3).
2)	Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3).
3)	Investments that have certain restrictions on trading (transfer into Level 3) or investments where trading restrictions have expired (transfer out of Level 3).

†	Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $3.
‡	Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $17.

The accompanying notes are an integral part of these financial statements.

14

Hartford Global Research HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $66,179)	$	72,856
Foreign currency on deposit with custodian (cost $10)		10
Unrealized appreciation on foreign currency contracts		43
Receivables:
Investment securities sold		15,280
Fund shares sold		65
Dividends and interest		161
Total assets		88,415
Liabilities:
Unrealized depreciation on foreign currency contracts		9
Bank overdraft		7
Payables:
Investment securities purchased		14,225
Fund shares redeemed		327
Investment management fees		11
Distribution fees		1
Accrued expenses		20
Total liabilities		14,600
Net assets	$	73,815
Summary of Net Assets:
Capital stock and paid-in-capital	$	74,161
Undistributed net investment income		1,612
Accumulated net realized loss		(8,666	)
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		6,708
Net assets	$	73,815
Shares authorized		800,000
Par value	$	0.001
Class IA: Net asset value per share	$	11.45
Shares outstanding		4,547
Net assets	$	52,077
Class IB: Net asset value per share	$	11.39
Shares outstanding		1,908
Net assets	$	21,738

The accompanying notes are an integral part of these financial statements.

15

Hartford Global Research HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	1,051
Interest		1
Less: Foreign tax withheld		(76	)
Total investment income, net		976
Expenses:
Investment management fees		348
Distribution fees - Class IB		29
Custodian fees		4
Accounting services fees		7
Board of Directors' fees		1
Audit fees		9
Other expenses		11
Total expenses (before fees paid indirectly)		409
Commission recapture		(1	)
Total fees paid indirectly		(1	)
Total expenses, net		408
Net Investment Income		568
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions:
Net realized gain on investments		6,010
Net realized gain on futures		7
Net realized gain on foreign currency contracts		53
Net realized gain on other foreign currency transactions		8
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		6,078
Net Changes in Unrealized Depreciation of Investments and Foreign Currency Transactions:
Net unrealized depreciation of investments		(262	)
Net unrealized depreciation of foreign currency contracts		(7	)
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(4	)
Net Changes in Unrealized Depreciation of Investments and Foreign Currency Transactions		(273	)
Net Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		5,805
Net Increase in Net Assets Resulting from Operations	$	6,373

The accompanying notes are an integral part of these financial statements.

16

Hartford Global Research HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	568		$	980
Net realized gain on investments, other financial instruments and foreign currency transactions		6,078			3,819
Net unrealized appreciation (depreciation) of investments and foreign currency transactions		(273	)		8,656
Net Increase in Net Assets Resulting from Operations		6,373			13,455
Distributions to Shareholders:
From net investment income
Class IA		—			(627	)
Class IB		—			(228	)
Total distributions		—			(855	)
Capital Share Transactions:
Class IA
Sold		6,335			10,859
Issued on reinvestment of distributions		—			627
Redeemed		(11,495	)		(20,019	)
Total capital share transactions		(5,160	)		(8,533	)
Class IB
Sold		2,819			5,524
Issued on reinvestment of distributions		—			228
Redeemed		(6,111	)		(12,440	)
Total capital share transactions		(3,292	)		(6,688	)
Net decrease from capital share transactions		(8,452	)		(15,221	)
Net Decrease in Net Assets		(2,079	)		(2,621	)
Net Assets:
Beginning of period		75,894			78,515
End of period	$	73,815		$	75,894
Undistributed (distribution in excess of) net investment income	$	1,612		$	1,044
Shares:
Class IA
Sold		557			1,084
Issued on reinvestment of distributions		—			63
Redeemed		(1,011	)		(1,997	)
Total share activity		(454	)		(850	)
Class IB
Sold		249			557
Issued on reinvestment of distributions		—			23
Redeemed		(539	)		(1,249	)
Total share activity		(290	)		(669	)

The accompanying notes are an integral part of these financial statements.

17

Hartford Global Research HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Global Research HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests may change on days when a shareholder will not be able to

18

purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by the Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Fixed income investments (other than short term obligations) and non-exchange traded derivatives held by the Fund are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services in accordance with procedures established by the Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values through accepted market modeling and trading and pricing conventions. Inputs to the models may include, but are not limited to, prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models and the bond’s terms and conditions. Generally, the Fund may use fair valuation in regard to fixed income investments when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days.

Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant exchange as of the NYSE Close. In the case of OTC options and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to

19

Hartford Global Research HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share,

20

payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period

21

Hartford Global Research HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. The Fund, as shown on the Schedule of Investments, had when-issued or delayed-delivery investments as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts reflected in the Statement of Assets and Liabilities. In addition, risks may arise upon entering into these contracts from the potential inability of the

22

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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

b) Futures Contracts – The Fund may enter into futures contracts. A futures contract is an agreement between two parties to buy or sell an asset at a set price on a future date. The Fund uses futures contracts to manage or obtain exposure to the investment markets, commodities, or movements in interest rates and currency values. The primary risks associated with the use of futures contracts are the imperfect correlation between the change in market value of the investments held by the Fund and the prices of futures contracts and the possibility of an illiquid market. Upon entering into a futures contract, the Fund is required to deposit with a futures commission merchant (“FCM”) an amount of cash or U.S. Government or Agency Obligations in accordance with the initial margin requirements of the broker or exchange. Futures contracts are marked to market daily at the most recent settlement price reported by an exchange on which, over time, they are traded most extensively, and an appropriate payable or receivable for the change in value (“variation margin”) is recorded by the Fund. Gains or losses are recognized but not considered realized until the contracts expire or are closed. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed on the Statement of Assets and Liabilities; however, the Fund seeks to reduce this risk through the use of an FCM. As of June 30, 2013, the Fund had no outstanding futures contracts.

c) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Unrealized appreciation on foreign currency contracts	$	—	$	43	$	—	$	—	$	—	$	—	$	43
Total	$	—	$	43	$	—	$	—	$	—	$	—	$	43
Liabilities:
Unrealized depreciation on foreign currency contracts	$	—	$	9	$	—	$	—	$	—	$	—	$	9
Total	$	—	$	9	$	—	$	—	$	—	$	—	$	9

The ratio of foreign exchange contracts to net assets at June 30, 2013 was 13.43%, compared to the six-month period ended June 30, 2013, average ratio of foreign exchange contracts to net assets of 3.07%. The volume of other derivatives that are presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

23

Hartford Global Research HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts			Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on futures	$	—	$	—		$	—	$	7	$	—	$	—	$	7
Net realized gain on foreign currency contracts		—		53			—		—		—		—		53
Total	$	—	$	53		$	—	$	7	$	—	$	—	$	60
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of foreign currency contracts	$	—	$	(7	)	$	—	$	—	$	—	$	—	$	(7	)
Total	$	—	$	(7	)	$	—	$	—	$	—	$	—	$	(7	)

d) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	1,172	$	—	$	1,172	$	—		$	(1,191	)	$	—
Unrealized appreciation on foreign currency contracts		43		—		43		(9	)		—			34
Total subject to a master netting or similar arrangement	$	1,215	$	—	$	1,215	$	(9	)	$	(1,191	)	$	34

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Pledged		Net Amount (not less   than 0)
Unrealized depreciation on foreign currency contracts	$	9	$	—	$	9	$	(9	)	$	—	$	—
Total subject to a master netting or similar arrangement	$	9	$	—	$	9	$	(9	)	$	—	$	—

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

24

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	855	$	13

25

Hartford Global Research HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	1,099
Accumulated Capital and Other Losses*		(13,597	)
Unrealized Appreciation†		5,779
Total Accumulated Deficit	$	(6,719	)

*	The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.
†	Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	91
Accumulated Net Realized Gain (Loss)		(91	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	13,597
Total	$	13,597

During the year ended December 31, 2012, the Fund utilized $3,364 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized

26

tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $500 million		0.9000%
On next $500 million		0.8750%
On next $4 billion		0.8500%
On next $5 billion		0.8475%
Over $10 billion		0.8450%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

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 Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement of Operations.

27

Hartford Global Research HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.98	%
Class IB		1.23

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. These fees are accrued daily and paid monthly.

g) Payments from Affiliates – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes payments from an affiliate. Had the payments from the affiliate been excluded, the impact and total return for the periods listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.02	%		0.02	%
Total Return Excluding Payment from Affiliate		42.10	%		41.76	%

28

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	43,782
Sales Proceeds Excluding U.S. Government Obligations		53,522

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

29

Hartford Global Research HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)			Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains		Distributions from Capital			Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	10.56	$	0.11		$	0.78		$	0.89		$	–		$	–	$	–		$	–		$	11.45
IB		10.52		0.10			0.77			0.87			–			–		–			–			11.39
For the Year Ended December 31, 2012
IA		9.02		0.15			1.51			1.66			(0.12	)		–		–			(0.12	)		10.56
IB		8.98		0.13			1.50			1.63			(0.09	)		–		–			(0.09	)		10.52
For the Year Ended December 31, 2011
IA		9.94		0.11			(1.03	)		(0.92	)		–			–		–			–			9.02
IB		9.93		0.09			(1.04	)		(0.95	)		–			–		–			–			8.98
For the Year Ended December 31, 2010
IA		8.67		0.10			1.28			1.38			(0.11	)		–		–			(0.11	)		9.94
IB		8.66		0.08			1.28			1.36			(0.09	)		–		–			(0.09	)		9.93
For the Year Ended December 31, 2009
IA		6.16		0.08			2.51			2.59			(0.08	)		–		–			(0.08	)		8.67
IB		6.15		0.07			2.50			2.57			(0.06	)		–		–			(0.06	)		8.66
From January 31, 2008 (commencement of operations) through December 31, 2008
IA(H)		10.00		–			(3.78	)		(3.78	)		(0.05	)		–		(0.01	)		(0.06	)		6.16
IB(H)		10.00		(0.08	)		(3.72	)		(3.80	)		(0.04	)		–		(0.01	)		(0.05	)		6.15

(A)	Information presented relates to a share outstanding throughout the indicated period.
(B)	The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.
(C)	Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.
(D)	Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.
(E)	Not annualized.
(F)	Annualized.
(G)	Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.
(H)	Commenced operations on January 31, 2008.
(I)	During the year ended December 31, 2008, the Fund incurred $95.4 million in sales associated with the transition of assets from Hartford Global Communications HLS Fund, Hartford Global Financial Services HLS Fund and Hartford Global Technology HLS Fund, which merged into the Fund on August 22, 2008.  These sales were excluded from the portfolio turnover rate calculation.

30

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio   Turnover   Rate(D)
	8.50	%(E)	$	52,077		0.98	%(F)		0.98	%(F)		1.55	%(F)		57	%
	8.34	(E)		21,738		1.23	(F)		1.23	(F)		1.29	(F)		–
	18.39			52,785		1.04			1.04			1.28			85
	18.10			23,109		1.29			1.29			1.03			–
	(9.28	)		52,768		1.03			1.03			1.01			86
	(9.51	)		25,747		1.28			1.28			0.76			–
	16.01			69,740		1.01			0.98			1.03			92
	15.72			35,774		1.26			1.23			0.78			–
	42.13	(G)		67,012		1.16			1.06			1.17			124
	41.79	(G)		37,695		1.41			1.31			0.93			–
	(37.87	)(E)		48,627		1.02	(F)		0.94	(F)		1.29	(F)		335	(I)
	(38.01	)(E)		31,008		1.27	(F)		1.19	(F)		0.99	(F)		–

31

Hartford Global Research HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

32

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

33

Hartford Global Research HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

34

Hartford Global Research HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, and other fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in a 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 a 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 a 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,085.00	$	5.07	$	1,000.00	$	1,019.93	$	4.91		0.98	%	181	365
Class IB	$	1,000.00	$	1,083.40	$	6.35	$	1,000.00	$	1,018.70	$	6.16		1.23	%	181	365

35

Hartford Global Research HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Foreign Investment and Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.

Small/Mid-cap Stock Risk: Small- and mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

36

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-GR13 8-13 113540-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD GROWTH HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Growth HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	8
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	9
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	10
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	11
Notes to Financial Statements (Unaudited)	12
Financial Highlights (Unaudited)	20
Directors and Officers (Unaudited)	22
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	24
Quarterly Portfolio Holdings Information (Unaudited)	24
Expense Example (Unaudited)	25
Principal Risks (Unaudited)	26

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Growth HLS Fund inception 04/30/2002

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term capital appreciation.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
Growth IA		11.43%		19.49%		4.00%		6.40%
Growth IB		11.29%		19.19%		3.74%		6.13%
Russell 1000 Growth Index		11.80%		17.07%		7.47%		7.40%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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. (The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.83% and 1.08%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Growth HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Manager

Andrew J. Shilling, CFA

Senior Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Growth HLS Fund returned 11.43% for the six-month period ended June 30, 2013, underperforming its benchmark, the Russell 1000 Growth Index, which returned 11.80% for the same period. The Fund also underperformed the 11.80% average return of the Variable Products-Underlying Funds Lipper Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

All ten sectors of the Russell 1000 Growth Index had positive returns for the period. Health Care (+20.7%), Consumer Discretionary (+20.3%), and Telecommunication Services (+14.9%) performed the best, while Information Technology (+1.9%) and Utilities (+6.4) lagged on a relative basis. Growth stocks (+11.8%) underperformed Value stocks (+15.9%), as measured by the Russell 1000 Growth and Russell 1000 Value Indices, respectively.

The Fund’s relative performance benefited from strong security selection in Consumer Staples, Information Technology, and Industrials. However, this was outweighed by weaker security selection in Consumer Discretionary and Health Care, which detracted from relative returns. Sector allocation, which is a residual of bottom-up stock selection, contributed positively to relative performance. Positive effects from an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to Consumer Discretionary was enough to offset the negative effects of the Fund’s overweight exposure to Information Technology and underweight exposure to Health Care. A modest cash position also detracted from performance in an upward-trending market.

Top detractors from benchmark relative performance during the period were Edwards Lifesciences (Health Care), Microsoft (Information Technology), and Cognizant Technology Solutions (Information Technology). Shares of Edwards Lifesciences, a medical device company specializing in heart valve technology and treatments for cardiovascular diseases, declined after it reported disappointing first quarter 2013 results due to poor transcatheter heart valve (THV) sales. Our underweight position in software and services company Microsoft detracted as shares moved higher during the period. The company posted better-than-expected quarterly earnings as the enterprise business continued to deliver strong results, more than offsetting the sluggish consumer business. Cognizant Technology Solutions, a U.S.-based provider of customized information technology, consulting, and business process outsourcing services, saw its shares decline despite solid quarterly results and positive guidance for 2013. The stock was under pressure due to uncertainty regarding how a proposed immigration bill will affect the company. Stocks that detracted most from absolute performance (i.e. total return) also included Apple (Information Technology) and Allergan (Health Care).

Green Mountain Coffee Roasters (Consumer Staples), Apple (Information Technology), and Gilead Sciences (Health Care) were the top contributors to relative performance during the period. Shares of Green Mountain Coffee Roasters, a provider of single-cup brewers and portion packs, outperformed during the period after the firm posted solid earnings. Investors also took solace from Starbucks' tepid sales results for its single serve Verismo machines. Our underweight in Apple contributed to relative performance as shares of the company fell when the company missed revenue expectations and issued disappointing earnings guidance. Shares of Gilead Sciences, a U.S.-based biopharmaceutical company, moved steadily higher alongside positive news flow, including passing the first hurdle for the firm's hepatitis C single tablet

3

Hartford Growth HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

regimen. Top absolute contributors for the period also included Google (Information Technology).

What is the outlook?

We believe the global economy is gradually normalizing. While there are fears among market participants about the Fed reducing its quantitative easing measures, we are not overly concerned as we view this action as a shift from a “surge” in liquidity to becoming a source of steady liquidity. We believe that the U.S. economy remains poised for a continued modest recovery as consumer spending is still buoyed by household balance sheet and steady job gains. However, we believe the U.S. is still not creating jobs fast enough and a large part of the reduction in the unemployment rate is due to people dropping out of the labor force. Housing remains in a solid uptrend and we believe the shortage of inventory should boost prices further in the near term. With the Fed’s announcement that quantitative easing might end sooner than anticipated and with interest rates starting to increase, we believe that the U.S. economy will continue to slowly strengthen into the second half of 2013. At this point, we are cautiously optimistic and anticipate moderate growth within the U.S. going forward for 2013.

We believe Europe is gradually healing with growth likely to remain subpar but with the downside risks abating. In China, the transition from an infrastructure, heavy investment spending economy to a more diversified economy has been uneven, but we believe their policy makers have the tools to manage the transition. In our view, China should maintain above average growth. In Japan, we believe that the liquidity boost from accommodative monetary policy and growth recovery should add to the overall world economic recovery.

Our investment discipline is focused on finding proven companies with attractive valuations, solid fundamentals, and sustainable growth business models. At the end of the period, our largest overweights were to Consumer Discretionary and Information Technology, while we remained underweight Industrials and Consumer Staples, relative to the benchmark.

Diversification by Industry
as of June 30, 2013
Industry (Sector)	Percentage of Net Assets
Automobiles and Components (Consumer Discretionary)		1.7	%
Capital Goods (Industrials)		5.4
Commercial and Professional Services (Industrials)		1.9
Consumer Durables and Apparel (Consumer Discretionary)		6.3
Consumer Services (Consumer Discretionary)		5.5
Diversified Financials (Financials)		4.5
Energy (Energy)		3.3
Food and Staples Retailing (Consumer Staples)		1.4
Food, Beverage and Tobacco (Consumer Staples)		6.1
Health Care Equipment and Services (Health Care)		2.4
Materials (Materials)		2.1
Media (Consumer Discretionary)		7.3
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		9.7
Real Estate (Financials)		0.8
Retailing (Consumer Discretionary)		11.2
Semiconductors and Semiconductor Equipment (Information Technology)		2.0
Software and Services (Information Technology)		21.7
Technology Hardware and Equipment (Information Technology)		4.7
Transportation (Industrials)		1.7
Short-Term Investments		0.1
Other Assets and Liabilities		0.2
Total		100.0	%

4

Hartford Growth HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.7%
		Automobiles and Components - 1.7%
	85	Harley-Davidson, Inc.	$	4,687
		Capital Goods - 5.4%
	87	AMETEK, Inc.		3,676
	24	Cummins, Inc.		2,640
	52	Eaton Corp. plc		3,418
	10	Precision Castparts Corp.		2,275
	59	Safran S.A. ADR		3,094
				15,103
		Commercial and Professional Services - 1.9%
	30	IHS, Inc. ●		3,133
	64	Nielsen Holdings N.V.		2,137
				5,270
		Consumer Durables and Apparel - 6.3%
	177	D.R. Horton, Inc.		3,775
	89	Lennar Corp.		3,190
	41	Michael Kors Holdings Ltd. ●		2,516
	24	PVH Corp.		3,053
	15	Ralph Lauren Corp.		2,681
	43	Under Armour, Inc. Class A ●		2,562
				17,777
		Consumer Services - 5.5%
	4	Chipotle Mexican Grill, Inc. ●		1,616
	106	Dunkin' Brands Group, Inc.		4,543
	59	Starwood Hotels & Resorts, Inc.		3,718
	32	Wyndham Worldwide Corp.		1,813
	14	Wynn Resorts Ltd.		1,748
	30	Yum! Brands, Inc.		2,072
				15,510
		Diversified Financials - 4.5%
	43	American Express Co.		3,200
	13	BlackRock, Inc.		3,443
	16	IntercontinentalExchange, Inc. ●		2,776
	60	JP Morgan Chase & Co.		3,154
				12,573
		Energy - 3.3%
	35	Anadarko Petroleum Corp.		2,970
	30	Cameron International Corp. ●		1,850
	96	Cobalt International Energy, Inc. ●		2,541
	28	National Oilwell Varco, Inc.		1,911
				9,272
		Food and Staples Retailing - 1.4%
	70	CVS Caremark Corp.		3,986
		Food, Beverage and Tobacco - 6.1%
	39	Anheuser-Busch InBev N.V.		3,557
	85	Green Mountain Coffee Roasters, Inc. ●		6,369
	23	Mead Johnson Nutrition Co.		1,805
	49	Monster Beverage Corp. ●		2,967
	121	Pernod-Ricard S.A.		2,643
				17,341
		Health Care Equipment and Services - 2.4%
	53	Covidien plc		3,341
	108	Hologic, Inc. ●		2,087
	3	Intuitive Surgical, Inc. ●		1,429
				6,857
		Materials - 2.1%
	60	Monsanto Co.		5,882
		Media - 7.3%
	102	Comcast Corp. Class A		4,265
	110	News Corp. Class A		3,598
	1,134	Sirius XM Radio, Inc. w/ Rights		3,798
	67	Time Warner, Inc.		3,870
	81	Walt Disney Co.		5,102
				20,633
		Pharmaceuticals, Biotechnology and Life Sciences - 9.7%
	70	Agilent Technologies, Inc.		2,986
	37	Allergan, Inc.		3,096
	22	Biogen Idec, Inc. ●		4,839
	92	Bristol-Myers Squibb Co.		4,099
	144	Gilead Sciences, Inc. ●		7,350
	13	Regeneron Pharmaceuticals, Inc. ●		2,982
	23	Vertex Pharmaceuticals, Inc. ●		1,871
				27,223
		Real Estate - 0.8%
	33	American Tower Corp. REIT		2,407
		Retailing - 11.2%
	48	Abercrombie & Fitch Co. Class A		2,168
	6	Amazon.com, Inc. ●		1,529
	13	AutoZone, Inc. ●		5,516
	53	Dollar General Corp. ●		2,669
	60	Family Dollar Stores, Inc.		3,752
	54	Home Depot, Inc.		4,168
	170	Lowe's Cos., Inc.		6,947
	6	Priceline.com, Inc. ●		4,814
				31,563
		Semiconductors and Semiconductor Equipment - 2.0%
	120	Altera Corp.		3,970
	47	Broadcom Corp. Class A		1,584
				5,554
		Software and Services - 21.7%
	22	Alliance Data Systems Corp. ●		4,004
	67	Citrix Systems, Inc. ●		4,012
	63	Cognizant Technology Solutions Corp. ●		3,920
	118	eBay, Inc. ●		6,087
	142	Facebook, Inc. ●		3,536
	13	Google, Inc. ●		11,322
	22	IBM Corp.		4,119
	18	LinkedIn Corp. Class A ●		3,257
	8	Mastercard, Inc.		4,766
	96	Oracle Corp.		2,946
	73	Salesforce.com, Inc. ●		2,773
	81	ServiceNow, Inc. ●		3,267
	57	Splunk, Inc. ●		2,647
	24	Visa, Inc.		4,346
				61,002
		Technology Hardware and Equipment - 4.7%
	18	Apple, Inc.		7,001
	128	Cisco Systems, Inc.		3,116
	156	Juniper Networks, Inc. ●		3,020
				13,137

The accompanying notes are an integral part of these financial statements.

5

Hartford Growth HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
COMMON STOCKS - 99.7% - (continued)
		Transportation - 1.7%
	42	J.B. Hunt Transport Services, Inc.			$	3,015
	17	Kansas City Southern				1,757
						4,772
		Total common stocks
		(cost $230,213)			$	280,549
		Total long-term investments
		(cost $230,213)			$	280,549
SHORT-TERM INVESTMENTS - 0.1%
Repurchase Agreements - 0.1%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1, collateralized by GNMA 3.00%, 2042, value of $1)
$	1	0.13%, 6/28/2013			$	1
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $17, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $17)
	17	0.15%, 6/28/2013				17
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $33, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $34)
	33	0.12%, 6/28/2013				33
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $23, collateralized by U.S. Treasury Note 3.13%, 2021, value of $23)
	23	0.10%, 6/28/2013				23
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $68, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $69)
	68	0.10%, 6/28/2013				68
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1, collateralized by FNMA 4.50%, 2035, value of $1)
	1	0.25%, 6/28/2013				1
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $27, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $28)
	27	0.10%, 6/28/2013				27
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $48, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $49)
	48	0.12%, 6/28/2013				48
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $1, collateralized by U.S. Treasury Note 0.63%, 2014, value of $1)
	1	0.09%, 6/28/2013				1
						219
		Total short-term investments
		(cost $219)			$	219
		Total investments
		(cost $230,432) ▲	99.8	%	$	280,768
		Other assets and liabilities	0.2	%		588
		Total net assets	100.0	%	$	281,356

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $231,698 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	54,624
Unrealized Depreciation		(5,554	)
Net Unrealized Appreciation	$	49,070

● Non-income producing.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

7

Hartford Growth HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	280,549	$	280,549	$	–	$	–
Short-Term Investments		219		–		219		–
Total	$	280,768	$	280,549	$	219	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

The accompanying notes are an integral part of these financial statements.

8

Hartford Growth HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $230,432)	$	280,768
Cash		2
Receivables:
Investment securities sold		2,525
Fund shares sold		297
Dividends and interest		118
Total assets		283,710
Liabilities:
Payables:
Investment securities purchased		1,987
Fund shares redeemed		297
Investment management fees		37
Distribution fees		3
Accrued expenses		30
Total liabilities		2,354
Net assets	$	281,356
Summary of Net Assets:
Capital stock and paid-in-capital	$	220,507
Undistributed net investment income		74
Accumulated net realized gain		10,439
Unrealized appreciation of investments		50,336
Net assets	$	281,356
Shares authorized		800,000
Par value	$	0.001
Class IA: Net asset value per share	$	14.41
Shares outstanding		15,020
Net assets	$	216,451
Class IB: Net asset value per share	$	14.10
Shares outstanding		4,604
Net assets	$	64,905

The accompanying notes are an integral part of these financial statements.

9

Hartford Growth HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	1,351
Interest		1
Less: Foreign tax withheld		(17	)
Total investment income, net		1,335
Expenses:
Investment management fees		1,211
Transfer agent fees		2
Distribution fees - Class IB		85
Custodian fees		3
Accounting services fees		15
Board of Directors' fees		5
Audit fees		6
Other expenses		42
Total expenses (before fees paid indirectly)		1,369
Commission recapture		—
Total fees paid indirectly		—
Total expenses, net		1,369
Net Investment Loss		(34	)
Net Realized Gain on Investments:
Net realized gain on investments		22,478
Net Realized Gain on Investments		22,478
Net Changes in Unrealized Appreciation of Investments:
Net unrealized appreciation of investments		11,546
Net Changes in Unrealized Appreciation of Investments		11,546
Net Gain on Investments		34,024
Net Increase in Net Assets Resulting from Operations	$	33,990

The accompanying notes are an integral part of these financial statements.

10

Hartford Growth HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income (loss)	$	(34	)	$	132
Net realized gain on investments		22,478			41,625
Net unrealized appreciation of investments		11,546			13,554
Net Increase in Net Assets Resulting from Operations		33,990			55,311
Capital Share Transactions:
Class IA
Sold		14,059			35,467
Redeemed		(57,275	)		(88,213	)
Total capital share transactions		(43,216	)		(52,746	)
Class IB
Sold		4,164			7,707
Redeemed		(14,074	)		(29,736	)
Total capital share transactions		(9,910	)		(22,029	)
Net decrease from capital share transactions		(53,126	)		(74,775	)
Net Decrease in Net Assets		(19,136	)		(19,464	)
Net Assets:
Beginning of period		300,492			319,956
End of period	$	281,356		$	300,492
Undistributed (distribution in excess of) net investment income	$	74		$	108
Shares:
Class IA
Sold		1,008			2,848
Redeemed		(4,011	)		(7,121	)
Total share activity		(3,003	)		(4,273	)
Class IB
Sold		303			629
Redeemed		(1,020	)		(2,436	)
Total share activity		(717	)		(1,807	)

The accompanying notes are an integral part of these financial statements.

11

Hartford Growth HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Growth HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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

12

Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the

13

Hartford Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

e) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts

14

(“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

4. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

5. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to

15

Hartford Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	—	$	460

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	108
Accumulated Capital and Other Losses*		(10,773	)
Unrealized Appreciation†		37,524
Total Accumulated Earnings	$	26,859

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(24	)
Accumulated Net Realized Gain (Loss)		300
Capital Stock and Paid-in-Capital		(276	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

16

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	10,773
Total	$	10,773

During the year ended December 31, 2012, the Fund utilized $42,065 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

6. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.8000%
On next $250 million		0.7500%
On next $500 million		0.7000%
On next $4 billion		0.6750%
On next $5 billion		0.6725%
Over $10 billion		0.6700%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All Assets		0.010%

17

Hartford Growth HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.84	%
Class IB		1.09

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

7. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	81,527
Sales Proceeds Excluding U.S. Government Obligations		134,767

18

8. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

9. Industry Classifications:

Other than the industry classifications “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. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

11. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

19

Hartford Growth HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)			Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	12.93	$	0.01		$	1.47		$	1.48		$	–		$	–		$	–	$	–		$	14.41
IB		12.67		(0.02	)		1.45			1.43			–			–			–		–			14.10
For the Year Ended December 31, 2012
IA		10.92		0.01			2.00			2.01			–			–			–		–			12.93
IB		10.73		(0.02	)		1.96			1.94			–			–			–		–			12.67
For the Year Ended December 31, 2011
IA		12.02		0.01			(1.09	)		(1.08	)		(0.02	)		–			–		(0.02	)		10.92
IB		11.81		(0.03	)		(1.05	)		(1.08	)		–			–			–		–			10.73
For the Year Ended December 31, 2010 (G)
IA		10.07		0.02			1.93			1.95			–			–			–		–			12.02
IB		9.92		–			1.89			1.89			–			–			–		–			11.81
For the Year Ended December 31, 2009
IA		7.53		0.04			2.54			2.58			(0.04	)		–			–		(0.04	)		10.07
IB		7.42		0.02			2.49			2.51			(0.01	)		–			–		(0.01	)		9.92
For the Year Ended December 31, 2008
IA		13.39		0.03			(5.47	)		(5.44	)		(0.03	)		(0.39	)		–		(0.42	)		7.53
IB		13.18		–			(5.37	)		(5.37	)		–			(0.39	)		–		(0.39	)		7.42

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Per share amounts have been calculated using the average shares method.

(H) During the year ended December 31, 2010, the Fund incurred $49.9 million in sales associated with the transition of assets from Hartford Fundamental Growth HLS Fund, which merged into the Fund on April 16, 2010. These sales were excluded from the portfolio turnover calculation.

20

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	11.43	%(E)	$	216,451		0.84	%(F)		0.84	%(F)		0.03	%(F)		27	%
	11.29	(E)		64,905		1.09	(F)		1.09	(F)		(0.22)	(F)		–
	18.42			233,089		0.83			0.83			0.10			64
	18.12			67,403		1.08			1.08			(0.16	)		–
	(8.95	)		243,509		0.82			0.82			0.06			37
	(9.18	)		76,447		1.07			1.07			(0.19	)		–
	19.37			317,464		0.84			0.84			0.21			74	(H)
	19.07			108,774		1.09			1.09			(0.04	)		–
	34.24			242,406		0.88			0.88			0.44			85
	33.90			86,556		1.13			1.13			0.20			–
	(41.79	)		203,993		0.84			0.84			0.27			93
	(41.93	)		81,720		1.09			1.09			0.02			–

21

Hartford Growth HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

22

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

23

Hartford Growth HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

24

Hartford Growth HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,114.30	$	4.40	$	1,000.00	$	1,020.63	$	4.21		0.84	%	181	365
Class IB	$	1,000.00	$	1,112.90	$	5.71	$	1,000.00	$	1,019.39	$	5.46		1.09	%	181	365

25

Hartford Growth HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Growth Investing Risk: Growth investments can be volatile, and may fail to increase earnings or grow as quickly as anticipated. Growth-style investing falls in and out of favor, which may result in periods of underperformance.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

26

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293 

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-G13 8-13 113541-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD HEALTHCARE HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Healthcare HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	8
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	9
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	10
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	11
Notes to Financial Statements (Unaudited)	12
Financial Highlights (Unaudited)	24
Directors and Officers (Unaudited)	26
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	28
Quarterly Portfolio Holdings Information (Unaudited)	28
Expense Example (Unaudited)	29
Principal Risks (Unaudited)	30

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Healthcare HLS Fund inception 05/01/2000

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term capital appreciation.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)  

	6 Month†		1 Year		5 Years		10 Years
Healthcare IA		22.17%		26.49%		11.33%		10.17%
Healthcare IB		22.00%		26.16%		11.05%		9.90%
S&P 500 Index		13.82%		20.58%		7.00%		7.29%
S&P North American Health Care Sector Index		20.78%		28.22%		12.83%		8.79%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.91% and 1.16%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Healthcare HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

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

How did the Fund perform?

The Class IA shares of the Hartford Healthcare HLS Fund returned 22.17% for the six-month period ended June 30, 2013, outperforming its benchmark, the S&P North American Health Care Sector Index, which returned 20.78% for the same period. The Fund outperformed the 20.18% average return of the Variable Products-Underlying Funds Lipper Health and Biotechnology Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Health Care stocks (+21%) outperformed both the broader U.S. market (+14%) and the global equity market (+9%) during the period, as measured by the S&P North American Health Care Sector, S&P 500, and the MSCI World Indexes, respectively. Within the S&P North American Health Care Sector Index, all four sub-sectors posted positive returns. Specialty Pharmaceuticals/Biotechnology (+28%) gained the most while Health Services rose 22%, Major Pharmaceuticals rose 20%, and Medical Technology rose 13%.

The Fund outperformed its benchmark primarily due to strong security selection. Positive stock selection in Medical Technology and Health Services was the primary driver of the Fund’s relative outperformance, more than offsetting weak security selection in Specialty Pharmaceuticals/Biotechnology and Major Pharmaceuticals. Sector allocation had a neutral impact on relative performance with an underweight (i.e. the Fund’s position was less than the benchmark position) to Medical Technology and an overweight to Specialty Pharmaceuticals/Biotechnology helping relative performance.

Holdings of TESARO (Specialty Pharmaceuticals), Alkermes (Specialty Pharmaceuticals), and Boston Scientific (Medical Technology) contributed most to benchmark-relative results. Oncology-focused biopharmaceutical company TESARO saw shares rise as investors continued to gain confidence in their robust drug pipeline focused on cancer. Shares of drug developer Alkermes rose on the announcement of positive phase two test results from its depression drug. Shares of medical technology company Boston Scientific responded positively to management’s plans for longer-term growth presented during the first quarter. Top contributors to absolute performance (i.e. total return) during the period also included Gilead Sciences (Specialty Pharmaceuticals) and CIGNA (Health Services).

Holdings of Orthofix International (Medical Technology), Celgene (Specialty Pharmaceuticals), and Volcano (Medical Technology) detracted from benchmark-relative performance. Medical device company Orthofix International saw its shares trade lower following the release of earnings results below investor expectations. Not owning global biotechnology company Celgene hurt relative performance as the stock is a component of the benchmark and had strong performance during the period after the company reported better-than-expected long term guidance. Shares of Volcano Corporation, designer, manufacturer, and retailer of precision guided therapy tools, fell after management provided revenue and earnings guidance below expectations. Top detractors from absolute performance during the period also included Infinity Pharmaceutical (Specialty Pharmaceuticals) and Rigel Pharmaceutical (Specialty Pharmaceuticals).

What is the outlook?

While the U.S. elections and Fiscal Cliff are behind us, we continue to believe that further Medicare and Medicaid cuts are inevitable as the U.S. Congress seeks to avoid prolonged sequestration, address the debt ceiling limit, and fund appropriations. While painful, this approach will undoubtedly result in more targeted, thoughtful changes than the 2% across the board cut to Medicare reimbursement currently dictated by sequestration. As we have said in the past, while it is impossible at this point to predict the details, the outcome appears clear. The bar has been raised for companies seeking reimbursement for health care products and services in the U.S. and across the globe. Going forward, we believe success will accrue only to those companies able to offer a demonstrable improvement over current standards of care, or alternatively, to those companies able to offer an equivalent level of care but at lower cost. This is one of the key tenets upon which we have structured the Fund’s portfolio.

We continue to find attractive investments within the Pharmaceutical and Biotechnology sectors, despite recent strength. Pipelines of several major biopharmaceutical companies are meaningfully improved relative to where they have been in recent years, and investors have begun to look through the current period of patent expiries. Cost-cutting measures, strong growth in emerging markets, and the improving Food and Drug Administration posture are all also contributing to the favorable outlook. Japanese pharmaceutical

3

Hartford Healthcare HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

companies remain attractive given their strong balance sheets and the value of their pipelines relative to the companies’ current market capitalizations.

Within Medical Technology, we continue to look for companies with underappreciated franchises or promising Research & Development projects. We continue to believe that cardiovascular disease represents one of the strongest areas for growth, with a large, under-penetrated market particularly for atrial fibrillation procedures. We believe longer-term prospects for the industry remain solid, as procedure volumes return to normal after the slowdown in 2010 - 2011 and emerging markets become more significant growth drivers.

Within Health Care Services, relative to recent years, the Fund’s holdings are more diversified among the various subsectors. Despite the near term uncertainty, we believe managed care companies are best positioned to address the cost issue longer term. While uncertainty regarding the implementation of Affordable Care Act (ACA) exchanges will overhang the group in the near/intermediate term, ultimately we believe that the impact of exchanges on the HMOs (health maintenance organization) will not be as bad as feared. We also believe drug distributors and drug stores, which we believe should continue to benefit from the ongoing conversion of approximately U.S. $100 billion of branded pharmaceuticals to generics over the next several years.

Internationally, we see a number of attractive opportunities in emerging market stocks. In addition to the burgeoning middle class, many emerging market countries are attempting to increase domestic spending on health care and are increasingly looking to the private sector to achieve this objective.

Diversification by Industry
as of June 30, 2013
Industry	Percentage of Net Assets
Biotechnology		24.5	%
Drug Retail		3.9
Health Care Distributors		5.6
Health Care Equipment		19.4
Health Care Facilities		1.8
Health Care Services		0.2
Health Care Supplies		0.4
Health Care Technology		0.8
Life Sciences Tools and Services		3.2
Managed Health Care		10.3
Pharmaceuticals		27.5
Research and Consulting Services		1.6
Short-Term Investments		0.5
Other Assets and Liabilities		0.3
Total		100.0	%

4

Hartford Healthcare HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.2%
		Biotechnology - 24.5%
	25	Acorda Therapeutics, Inc. ●	$	808
	52	Algeta ASA ●		1,998
	177	Alkermes plc ●		5,081
	264	Anacor Pharmaceuticals, Inc. ●		1,478
	146	Arena Pharmaceuticals, Inc. ●		1,122
	11	Biogen Idec, Inc. ●		2,359
	90	Celldex Therapeutics, Inc. ●		1,402
	38	Cubist Pharmaceuticals, Inc. ●		1,845
	364	Elan Corp. plc ADR ●		5,146
	372	Exelixis, Inc. ●		1,687
	243	Gilead Sciences, Inc. ●		12,465
	75	Incyte Corp. ●		1,639
	43	Infinity Pharmaceuticals, Inc. ●		691
	102	Ironwood Pharmaceuticals, Inc. ●		1,013
	70	NPS Pharmaceuticals, Inc. ●		1,049
	27	Onyx Pharmaceuticals, Inc. ●		2,382
	11	Prosensa Holdings B.V. ●		210
	16	Puma Biotechnology, Inc. ●		723
	27	Regeneron Pharmaceuticals, Inc. ●		6,072
	262	Rigel Pharmaceuticals, Inc. ●		874
	57	Seattle Genetics, Inc. ●		1,803
	150	Tesaro, Inc. ●		4,914
	41	Vertex Pharmaceuticals, Inc. ●		3,235
				59,996
		Drug Retail - 3.9%
	83	CVS Caremark Corp.		4,731
	110	Walgreen Co.		4,855
				9,586
		Health Care Distributors - 5.6%
	90	Cardinal Health, Inc.		4,254
	83	McKesson Corp.		9,497
				13,751
		Health Care Equipment - 19.4%
	80	Abbott Laboratories		2,776
	59	ABIOMED, Inc. ●		1,274
	548	Boston Scientific Corp. ●		5,084
	111	Covidien plc		6,961
	126	Globus Medical, Inc. ●		2,120
	47	Heartware International, Inc. ●		4,475
	80	Hologic, Inc. ●		1,535
	128	Medtronic, Inc.		6,593
	105	Orthofix International N.V. ●		2,811
	70	St. Jude Medical, Inc.		3,209
	65	Stryker Corp.		4,211
	138	Tornier N.V. ●		2,422
	98	Volcano Corp. ●		1,775
	28	Zimmer Holdings, Inc.		2,079
				47,325
		Health Care Facilities - 1.8%
	62	HCA Holdings, Inc.		2,238
	98	Health Management Associates, Inc. Class A ●		1,536
	132	NMC Health plc		542
				4,316
		Health Care Services - 0.2%
	63	Al Noor Hospitals Group ●		608
		Health Care Supplies - 0.4%
	25	Dentsply International, Inc.		1,032
		Health Care Technology - 0.8%
	155	Allscripts Healthcare Solutions, Inc. ●		2,003
		Life Sciences Tools and Services - 3.2%
	78	Agilent Technologies, Inc.		3,340
	39	Covance, Inc. ●		3,001
	26	MorphoSys AG ●		1,447
				7,788
		Managed Health Care - 10.3%
	75	Aetna, Inc.		4,781
	109	CIGNA Corp.		7,935
	73	Qualicorp S.A. ●		553
	181	UnitedHealth Group, Inc.		11,875
				25,144
		Pharmaceuticals - 27.5%
	32	Actavis, Inc. ●		4,036
	40	Almirall S.A.		510
	27	Astellas Pharma, Inc.		1,453
	43	AstraZeneca plc ADR		2,048
	235	Bristol-Myers Squibb Co.		10,480
	78	Cadence Pharmaceuticals, Inc. ●		534
	140	Daiichi Sankyo Co., Ltd.		2,330
	43	Dr. Reddy's Laboratories Ltd. ADR ●		1,611
	55	Eisai Co., Ltd.		2,236
	105	Eli Lilly & Co.		5,137
	138	Forest Laboratories, Inc. ●		5,669
	24	H. Lundbeck A/S		424
	44	Johnson & Johnson		3,818
	99	Medicines Co. ●		3,046
	112	Merck & Co., Inc.		5,181
	92	Mylan, Inc. ●		2,863
	17	Ono Pharmaceutical Co., Ltd.		1,123
	78	Optimer Pharmaceuticals, Inc. ●		1,123
	11	Salix Pharmaceuticals Ltd. ●		700
	211	Shionogi & Co., Ltd.		4,393
	139	Teva Pharmaceutical Industries Ltd. ADR		5,445
	46	UCB S.A.		2,450
	130	Xenoport, Inc. ●		642
				67,252
		Research and Consulting Services - 1.6%
	90	Quintiles Transnational Holdings ●		3,809
		Total common stocks
		(cost $183,423)	$	242,610
		Total long-term investments (cost $183,423)	$	242,610
SHORT-TERM INVESTMENTS - 0.5%
		Repurchase Agreements - 0.5%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $5, collateralized by GNMA 3.00%, 2042, value of $5)
$	5	0.13%, 6/28/2013	$	5

The accompanying notes are an integral part of these financial statements.

5

Hartford Healthcare HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
SHORT-TERM INVESTMENTS - 0.5% - (continued)
		Repurchase Agreements - 0.5% - (continued)
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $97, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $98)
$	97	0.15%, 6/28/2013			$	97
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $188, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $191)
	188	0.12%, 6/28/2013				188
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $130, collateralized by U.S. Treasury Note 3.13%, 2021, value of $132)
	130	0.10%, 6/28/2013				130
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $383, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $389)
	383	0.10%, 6/28/2013				383
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $5, collateralized by FNMA 4.50%, 2035, value of $5)
	4	0.25%, 6/28/2013				4
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $154, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $157)
	154	0.10%, 6/28/2013				154
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $271, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $276)
	271	0.12%, 6/28/2013				271
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $4, collateralized by U.S. Treasury Note 0.63%, 2014, value of $4)
	4	0.09%, 6/28/2013				4
						1,236
		Total short-term investments
		(cost $1,236)			$	1,236
		Total investments
		(cost $184,659) ▲	99.7	%	$	243,846
		Other assets and liabilities	0.3	%		710
		Total net assets	100.0	%	$	244,556

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $185,828 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	65,396
Unrealized Depreciation		(7,378	)
Net Unrealized Appreciation	$	58,018

● Non-income producing.

Foreign Currency Contracts Outstanding at June 30, 2013
Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
JPY	Buy	07/01/2013	DEUT	$	4,891	$	4,823	$	(68	)
JPY	Sell	07/01/2013	DEUT		5,256		4,823		433
JPY	Sell	12/20/2013	DEUT		5,519		5,443		76
								$	441

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
DEUT	Deutsche Bank Securities, Inc.
Currency Abbreviations:
JPY	Japanese Yen
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association

The accompanying notes are an integral part of these financial statements.

7

Hartford Healthcare HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	242,610	$	224,670	$	17,940	$	–
Short-Term Investments		1,236		–		1,236		–
Total	$	243,846	$	224,670	$	19,176	$	–
Foreign Currency Contracts *		509		–		509		–
Total	$	509	$	–	$	509	$	–
Liabilities:
Foreign Currency Contracts *		68		–		68		–
Total	$	68	$	–	$	68	$	–

♦ For the six-month period ended June 30, 2013, investments valued at $660 were transferred from Level 1 to Level 2, and investments valued at $423 were transferred from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to:

1) Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1).

2) U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2).

3) Equity investments with no observable trading but a bid or close price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1).

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

The accompanying notes are an integral part of these financial statements.

8

Hartford Healthcare HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $184,659)	$	243,846
Cash		—
Foreign currency on deposit with custodian (cost $—)		—
Unrealized appreciation on foreign currency contracts		509
Receivables:
Investment securities sold		332
Fund shares sold		101
Dividends and interest		183
Other assets		—
Total assets		244,971
Liabilities:
Unrealized depreciation on foreign currency contracts		68
Payables:
Investment securities purchased		142
Fund shares redeemed		149
Investment management fees		34
Distribution fees		2
Accrued expenses		20
Total liabilities		415
Net assets	$	244,556
Summary of Net Assets:
Capital stock and paid-in-capital	$	161,263
Undistributed net investment income		1,343
Accumulated net realized gain		22,323
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		59,627
Net assets	$	244,556
Shares authorized		800,000
Par value	$	0.001
Class IA: Net asset value per share	$	22.12
Shares outstanding		8,780
Net assets	$	194,236
Class IB: Net asset value per share	$	21.61
Shares outstanding		2,329
Net assets	$	50,320

The accompanying notes are an integral part of these financial statements.

9

Hartford Healthcare HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	1,282
Interest		2
Less: Foreign tax withheld		(38	)
Total investment income, net		1,246
Expenses:
Investment management fees		962
Transfer agent fees		2
Distribution fees - Class IB		61
Custodian fees		4
Accounting services fees		11
Board of Directors' fees		3
Audit fees		6
Other expenses		30
Total expenses (before fees paid indirectly)		1,079
Commission recapture		(3	)
Total fees paid indirectly		(3	)
Total expenses, net		1,076
Net Investment Income		170
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		6,785
Net realized gain on foreign currency contracts		871
Net realized loss on other foreign currency transactions		(10	)
Net Realized Gain on Investments and Foreign Currency Transactions		7,646
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		35,720
Net unrealized depreciation of foreign currency contracts		(164	)
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(1	)
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		35,555
Net Gain on Investments and Foreign Currency Transactions		43,201
Net Increase in Net Assets Resulting from Operations	$	43,371

The accompanying notes are an integral part of these financial statements.

10

Hartford Healthcare HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	170		$	1,264
Net realized gain on investments and foreign currency transactions		7,646			23,084
Net unrealized appreciation of investments and foreign currency transactions		35,555			12,872
Net Increase in Net Assets Resulting from Operations		43,371			37,220
Distributions to Shareholders:
From net investment income
Class IA		—			(586	)
Class IB		—			(64	)
Total distributions		—			(650	)
Capital Share Transactions:
Class IA
Sold		30,679			27,494
Issued on reinvestment of distributions		—			586
Redeemed		(19,982	)		(42,507	)
Total capital share transactions		10,697			(14,427	)
Class IB
Sold		5,382			7,528
Issued on reinvestment of distributions		—			64
Redeemed		(10,001	)		(20,649	)
Total capital share transactions		(4,619	)		(13,057	)
Net increase (decrease) from capital share transactions		6,078			(27,484	)
Net Increase in Net Assets		49,449			9,086
Net Assets:
Beginning of period		195,107			186,021
End of period	$	244,556		$	195,107
Undistributed (distribution in excess of) net investment income	$	1,343		$	1,173
Shares:
Class IA
Sold		1,464			1,592
Issued on reinvestment of distributions		—			34
Redeemed		(957	)		(2,450	)
Total share activity		507			(824	)
Class IB
Sold		262			452
Issued on reinvestment of distributions		—			4
Redeemed		(491	)		(1,218	)
Total share activity		(229	)		(762	)

The accompanying notes are an integral part of these financial statements.

11

Hartford Healthcare HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Healthcare HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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

12

Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative

13

Hartford Healthcare HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

14

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its

15

Hartford Healthcare HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

records with a value at least equal to the amount of the commitment. As of June 30, 2013, the Fund had no outstanding when-issued or delayed-delivery investments.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Unrealized appreciation on foreign currency contracts	$	—	$	509	$	—	$	—	$	—	$	—	$	509
Total	$	—	$	509	$	—	$	—	$	—	$	—	$	509
Liabilities:
Unrealized depreciation on foreign currency contracts	$	—	$	68	$	—	$	—	$	—	$	—	$	68
Total	$	—	$	68	$	—	$	—	$	—	$	—	$	68

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

16

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts			Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on foreign currency contracts	$	—	$	871		$	—	$	—	$	—	$	—	$	871
Total	$	—	$	871		$	—	$	—	$	—	$	—	$	871
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of foreign currency contracts	$	—	$	(164	)	$	—	$	—	$	—	$	—	$	(164	)
Total	$	—	$	(164	)	$	—	$	—	$	—	$	—	$	(164	)

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013: 

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	1,236	$	—	$	1,236	$	—		$	(1,257	)	$	—
Unrealized appreciation on foreign currency contracts		509		—		509		(68	)		—			441
Total subject to a master netting or similar arrangement	$	1,745	$	—	$	1,745	$	(68	)	$	(1,257	)	$	441

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013: 

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Pledged		Net Amount (not less than 0)
Unrealized depreciation on foreign currency contracts	$	68	$	—	$	68	$	(68	)	$	—	$	—
Total subject to a master netting or similar arrangement	$	68	$	—	$	68	$	(68	)	$	—	$	—

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

17

Hartford Healthcare HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	650	$	68

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	1,194
Undistributed Long-Term Capital Gain		16,430
Unrealized Appreciation*		22,298
Total Accumulated Earnings	$	39,922

* Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

18

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(19	)
Accumulated Net Realized Gain (Loss)		19

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

The Fund had no capital loss carryforward for U.S. federal income tax purposes as of December 31, 2012.

During the year ended December 31, 2012, the Fund utilized $6,976 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

19

Hartford Healthcare HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.8500%
On next $250 million		0.8000%
On next $4.5 billion		0.7500%
On next $5 billion		0.7475%
Over $10 billion		0.7450%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All Assets		0.010%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.90	%
Class IB		1.15

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used

20

to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly. 

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.01	%		0.01	%
Total Return Excluding Payment from Affiliate		22.70	%		22.39	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	37,906
Sales Proceeds Excluding U.S. Government Obligations		31,823

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

21

Hartford Healthcare HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

22

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23

Hartford Healthcare HLS Fund

Financial Highlights

– Selected Per-Share Data – (A)

Class	Net Asset Value  at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total  Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	18.11	$	0.01	$	4.00		$	4.01		$	–		$	–		$	–	$	–		$	22.12
IB		17.71		–		3.90			3.90			–			–			–		–			21.61
For the Year Ended December 31, 2012
IA		15.07		0.13		2.98			3.11			(0.07	)		–			–		(0.07	)		18.11
IB		14.74		0.09		2.90			2.99			(0.02	)		–			–		(0.02	)		17.71
For the Year Ended December 31, 2011
IA		13.89		0.06		1.13			1.19			(0.01	)		–			–		(0.01	)		15.07
IB		13.61		0.02		1.11			1.13			–			–			–		–			14.74
For the Year Ended December 31, 2010
IA		12.99		0.08		0.84			0.92			(0.02	)		–			–		(0.02	)		13.89
IB		12.74		0.04		0.83			0.87			–			–			–		–			13.61
For the Year Ended December 31, 2009
IA		10.66		0.07		2.35			2.42			(0.07	)		(0.02	)		–		(0.09	)		12.99
IB		10.46		0.03		2.31			2.34			(0.04	)		(0.02	)		–		(0.06	)		12.74
For the Year Ended December 31, 2008
IA		15.39		0.06		(3.99	)		(3.93	)		(0.06	)		(0.74	)		–		(0.80	)		10.66
IB		15.11		0.02		(3.91	)		(3.89	)		(0.02	)		(0.74	)		–		(0.76	)		10.46

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

24

– Ratios and Supplemental Data –

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	22.17	%(E)	$	194,236		0.90	%(F)		0.90	%(F)		0.20	%(F)		14	%
	22.00	(E)		50,320		1.15	(F)		1.15	(F)		(0.04	)(F)		–
	20.62			149,801		0.91			0.91			0.69			46
	20.32			45,306		1.16			1.16			0.43			–
	8.54			137,088		0.91			0.91			0.33			45
	8.27			48,933		1.16			1.16			0.08			–
	7.10			137,454		0.90			0.90			0.55			32
	6.84			54,753		1.15			1.15			0.30			–
	22.72	(G)		154,216		0.91			0.91			0.51			73
	22.41	(G)		63,065		1.16			1.16			0.26			–
	(25.56	)		179,087		0.88			0.88			0.42			57
	(25.75	)		62,080		1.13			1.13			0.17			–

25

Hartford Healthcare HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

26

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

27

Hartford Healthcare HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

28

Hartford Healthcare HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,221.70	$	4.96	$	1,000.00	$	1,020.33	$	4.51		0.90	%	181	365
Class IB	$	1,000.00	$	1,220.00	$	6.33	$	1,000.00	$	1,019.09	$	5.76		1.15	%	181	365

29

Hartford Healthcare HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Health Sector Risk: Risks of focusing investments on the health care sector include regulatory and legal developments, patent considerations, intense competitive pressures, rapid technological changes and potential product obsolescence, and liquidity risk.

Foreign Investment and Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.

Small/Mid-cap Stock Risk: Small- and mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

30

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-HC13 8-13 113543-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD HIGH YIELD HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford High Yield HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	12
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	13
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	14
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	15
Notes to Financial Statements (Unaudited)	16
Financial Highlights (Unaudited)	30
Directors and Officers (Unaudited)	32
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	34
Quarterly Portfolio Holdings Information (Unaudited)	34
Expense Example (Unaudited)	35
Principal Risks (Unaudited)	36

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford High Yield HLS Fund inception 09/30/1998

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks to provide high current income, and long-term total return.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
High Yield IA		0.98%		8.02%		10.03%		7.79%
High Yield IB		0.86%		7.75%		9.76%		7.52%
Barclays U.S. Corporate High Yield Bond Index		1.42%		9.49%		10.94%		8.91%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Performance information includes performance under the Fund’s previous sub-adviser, Hartford Investment Management Company. As of March 5, 2012, Hartford Investment Management Company no longer serves as the sub-adviser to the Fund.

Barclays U.S. Corporate High Yield Bond 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 Securities and Exchange Commission.

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.75% and 1.00%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford High Yield HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers

Christopher A. Jones, CFA

Senior Vice President and Fixed Income Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford High Yield HLS Fund returned 0.98% for the six-month period ended June 30, 2013, underperforming its benchmark, the Barclays U.S. Corporate High Yield Bond Index, which returned 1.42% for the same period. The Fund also underperformed the 1.23% average return of the Variable Products-Underlying Funds Lipper High Current Yield Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Central bank easing and signs of gradual global economic recovery imparted a positive tone to financial markets early in the year. However, sentiment abruptly changed late in the period after the Federal Reserve (Fed) surprised markets with its earlier-than-expected plan to reduce asset purchases, sending yields sharply higher.

The Federal Open Market Committee began to publically debate the costs of open-ended bond purchases during the first quarter, raising concerns that these will end sooner than anticipated. But it was statements by Fed policymakers on June 18 and 19 that really caught market participants off guard with their unexpectedly agressive tone. Specifically, Fed officials signaled a readiness to begin reducing the central bank’s asset purchases under quantitative easing (QE) by September, and to end purchases by mid-2014 if the economy strengthened sufficiently.

In contrast to the Fed’s aggressive rhetoric, European Central Bank (ECB) officials made it clear they are in no hurry to end the central bank's accommodative stance as the eurozone’s economic recovery continued to be the world’s weakest by a large margin. Meanwhile, stress in Chinese money markets coincided with signs of slowing growth. China's central bank attempted to tighten credit at the same time that global markets were closely watching the Fed's attempts to move toward tighter policy.

U.S. economic data signaled that the economy remains on a moderate growth path, underpinned by the housing and labor markets. The residential real estate recovery continued to pick up steam as home sales rose; house prices saw their greatest annual gain in seven years, according to data from S&P/Case-Shiller. Rising home values and equity-market gains helped boost consumer confidence and prop up consumption. However, manufacturing activity contracted and growth in the services sector slowed.

Worries over an eventual end to record-low borrowing rates in the U.S. fueled a massive, broad-based sell-off across nearly all corners of the global financial markets in June. U.S. High Yield mutual funds were not immune and experienced large outflows during the month of June (U.S. $12.2 billion in aggregate). The Treasury yield curve steepened as the 10-year Treasury yield surged 0.73% to end the period at 2.49%, the highest level since August 2011. Major fixed income sectors, with the exception of high yield, posted negative absolute returns driven by rising rates and underperformed Treasuries on a duration-adjusted basis during the 6-month period.

High Yield outperformed almost all other U.S. fixed income sectors over the six-month period on a total return basis (Bank Loans being the lone exception). The Barclays U.S. Corporate High Yield Bond Index returned 1.42% for the six-months ended June 30, 2013 and outperformed duration equivalent treasuries by 2.9%. Duration is a measure of the sensitivity of an asset of portfolio’s price to nominal interest rate movement. The Option-Adjusted Spread of the High Yield index was 4.92% on June 30, 2013, a decrease of 0.19% (from 5.11%) on December 31, 2012.

The Fund underperformed its benchmark, the Barclays U.S. Corporate High Yield Bond Index, during the period due to security selection decisions. Industry allocation decisions contributed to relative returns.

In aggregate, security selection detracted from benchmark relative results. Among issuers in the financial services sectors, positions in Royal Bank Scotland and International Lease Finance detracted from relative returns. The longer duration of some of the bonds of these issuers makes them more sensitive to rises in interest rates, which caused them to underperform during the time period. However, we continued to find the financial sector attractive due to the improving credit metrics (strong balance sheets and liquidity positions) of issuers. Among issuers within the media non cable sector, not owning strong performing benchmark-constituent CC Media Holdings (better known as Clear Channel) hurt relative performance. Clear Channel is a 2008 Leveraged Buy-out and has struggled under a withering debt load since that time. In May 2013, Clear Channel was able to extend the maturities of some of its outstanding Bank Loans. Among issuers in the consumer cyclicals services sector, our overweight position in Service Corp Internal detracted from benchmark-relative returns. An allocation to high yield credit default swaps indices, which are used to manage overall portfolio risk and

3

Hartford High Yield HLS Fund

Manager Discussion –  (continued)

June 30, 2013 (Unaudited)

enhance return, contributed to relative returns over the period. Within the technology & related sector, an out-of-benchmark position in the convertible bonds of Micron Technology benefitted the portfolio as the company continues to benefit from an upturn in the semi-conductor cycle. Within the Wireless sector an underweight to the weak performing benchmark-constituent Sprint contributed to relative returns. Dish Networks’ bid for Sprint raised concern from investors about the combined entities’ aggregate debt load and balance sheet leverage relative to Sprint’s investment grade peers (AT&T and Verizon).

In aggregate, sector allocation was additive to benchmark-relative results. An overweight allocation to the technology sector contributed positively to relative performance during the period. Within the technology sector, we saw the best opportunities in payment processing and service companies. This is due to their recurring revenue streams, low capital expenditures, and high barriers to entry. We were generally more skeptical of hardware companies. Conversely, an underweight allocation to the supermarkets sector detracted from relative returns. Supermarkets is a small sector within the High Yield Market (less than 1% of index market value), and they have thin profit margins on the goods that they sell, which in our view gives them less margin for error in managing their businesses.

Bond quality positioning had a minimal positive impact on performance during the period, although a slight overweight to CCC-rated bonds, which are generally less sensitive to changes in interest rates than their higher quality counterparts, added to relative returns.

What is the outlook?

Our outlook for U.S. high yield bonds remains positive, given what we believe are strong fundamentals and relatively appealing yields. We believe issuers have meaningfully strengthened their balance sheets and liquidity positions since the financial crisis, and proceeds from new issuance have been used mainly to refinance existing debt (although shareholder-friendly actions such as Merger & Acquisition activity and leveraged buyouts have started to pick up). The trailing 12-month par-weighted default rate ended June at 1.09%, well below the 25-year average of 3.97%. The sector’s average yield of 6.66% at quarter end compares favorably to other fixed income sectors. However, we believe technicals may prove challenging in the near-term as investors grapple with the eventual shift to tighter U.S. monetary policy. Despite the recent backup in yields and outflows from the sector, we still anticipate that a sustained, global low-interest-rate environment will drive continued demand for high yield assets from income-seeking investors over the remainder of 2013.

Distribution by Credit Quality

as of June 30, 2013

Credit Rating *	Percentage of Net Assets
Baa / BBB		1.1	%
Ba / BB		32.0
B		39.1
Caa / CCC or Lower		18.5
Unrated		4.3
Non-Debt Securities and Other Short-Term Instruments		3.9
Other Assets & Liabilities		1.1
Total		100.0	%

* Does not apply to the Fund itself. Based upon Moody’s and S&P long-term credit ratings for the Fund’s holdings as of the date noted. If Moody's and S&P assign different ratings to a holding, the lower rating is used. "Unrated" includes fixed-income securities (other than cash-like short-term instruments and U.S. Government securities) for which Moody’s and S&P have not issued long-term credit ratings.

Diversification by Industry

as of June 30, 2013

Industry	Percentage of Net Assets
Fixed Income Securities
Accommodation and Food Services		1.7	%
Administrative Waste Management and Remediation		2.1
Arts, Entertainment and Recreation		7.3
Beverage and Tobacco Product Manufacturing		0.8
Chemical Manufacturing		2.3
Computer and Electronic Product Manufacturing		2.3
Construction		3.9
Fabricated Metal Product Manufacturing		0.7
Finance and Insurance		12.5
Food Manufacturing		0.5
Health Care and Social Assistance		7.4
Information		17.0
Machinery Manufacturing		1.4
Mining		3.2
Miscellaneous Manufacturing		2.0
Nonmetallic Mineral Product Manufacturing		0.8
Other Services		1.1
Paper Manufacturing		0.1
Petroleum and Coal Products Manufacturing		7.4
Pipeline Transportation		1.8
Plastics and Rubber Products Manufacturing		1.3
Primary Metal Manufacturing		0.5
Professional, Scientific and Technical Services		1.3
Real Estate, Rental and Leasing		4.2
Retail Trade		6.8
Transportation Equipment Manufacturing		0.3
Utilities		3.3
Wholesale Trade		0.8
Wood Product Manufacturing		0.2
Total		95.0	%
Equity Securities
Diversified Financials		1.6
Energy		0.2
Software and Services		0.0
Telecommunication Services		0.3
Total		2.1	%
Short-Term Investments		1.8
Other Assets and Liabilities		1.1
Total		100.0	%

4

Hartford High Yield HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount ╬			Market Value ╪
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 0.0%
		Finance and Insurance - 0.0%
		Soundview NIM Trust
$	2,490	0.00%, 12/25/2036 ■●	$	—
		Total asset & commercial mortgage backed securities
		(cost $2,479)	$	—
CORPORATE BONDS - 90.8%
		Accommodation and Food Services - 1.7%
		Caesars Entertainment Operating Co., Inc.
$	4,180	8.50%, 02/15/2020	$	3,940
		Caesars Operating Escrow
	3,505	9.00%, 02/15/2020 ■		3,338
		Choice Hotels International, Inc.
	306	5.70%, 08/28/2020		324
	1,715	5.75%, 07/01/2022		1,818
				9,420
		Administrative Waste Management and Remediation - 2.1%
		Carlson Wagonlit B.V.
	1,675	6.88%, 06/15/2019 ■		1,692
		Casella Waste Systems, Inc.
	1,650	7.75%, 02/15/2019		1,567
		Equinix, Inc.
	165	4.88%, 04/01/2020		162
	995	5.38%, 04/01/2023		975
	2,050	7.00%, 07/15/2021		2,224
		Iron Mountain, Inc.
	1,350	5.75%, 08/15/2024		1,266
	3,816	7.75%, 10/01/2019		4,102
				11,988
		Arts, Entertainment and Recreation - 7.3%
		AMC Entertainment, Inc.
	1,814	8.75%, 06/01/2019		1,941
	4,944	9.75%, 12/01/2020		5,599
		CCO Holdings LLC
	4,021	5.25%, 09/30/2022		3,820
	4,972	7.38%, 06/01/2020		5,407
		Chester Downs & Marina LLC
	1,040	9.25%, 02/01/2020 ■		1,004
		Cinemark USA, Inc.
	430	5.13%, 12/15/2022		415
		Emdeon, Inc.
	1,640	11.00%, 12/31/2019		1,849
		Gray Television, Inc.
	3,441	7.50%, 10/01/2020		3,510
		Great Canadian Gaming Co.
CAD	1,361	6.63%, 07/25/2022 ■		1,336
		Greektown Superholdings, Inc.
	1,650	13.00%, 07/01/2015		1,753
		Isle of Capri Casinos, Inc.
	1,920	8.88%, 06/15/2020		2,006
		NAI Entertainment Holdings LLC
	1,345	8.25%, 12/15/2017 ■		1,439
		NBC Universal Enterprise
	2,180	5.25%, 12/19/2049 ■		2,180
		Regal Entertainment Group
	246	5.75%, 02/01/2025		234
	2,006	9.13%, 08/15/2018		2,207
		Sirius XM Radio, Inc.
	860	4.25%, 05/15/2020 ■		808
	2,420	4.63%, 05/15/2023 ■		2,238
	376	5.25%, 08/15/2022 ■		365
		Univision Communications, Inc.
	2,695	6.75%, 09/15/2022 ■		2,830
				40,941
		Beverage and Tobacco Product Manufacturing - 0.8%
		Constellation Brands, Inc.
	295	4.25%, 05/01/2023		278
	3,965	6.00%, 05/01/2022		4,253
				4,531
		Chemical Manufacturing - 2.3%
		Ferro Corp.
	3,873	7.88%, 08/15/2018		4,009
		Hexion Specialty Chemicals
	3,055	8.88%, 02/01/2018		3,116
		Hexion U.S. Finance Corp.
	1,245	6.63%, 04/15/2020		1,242
		Ineos Group Holdings plc
	3,265	6.13%, 08/15/2018 ■		3,118
		MPM Escrow LLC/MPM Finance Corp.
	1,580	8.88%, 10/15/2020		1,651
				13,136
		Computer and Electronic Product Manufacturing - 2.3%
		CDW Escrow Corp.
	5,455	8.50%, 04/01/2019		5,864
		Freescale Semiconductor, Inc.
	1,645	9.25%, 04/15/2018 ■		1,773
		Micron Technology, Inc.
	637	1.63%, 02/15/2033 ۞■		919
	961	2.13%, 02/15/2033 ۞■		1,396
		NXP B.V./NXP Funding LLC
	1,425	3.75%, 06/01/2018 ■		1,397
		ON Semiconductor Corp.
	973	2.63%, 12/15/2026 ۞		1,118
		Sensata Technologies B.V.
	745	4.88%, 10/15/2023 ■		717
				13,184
		Construction - 3.9%
		K Hovnanian Enterprises, Inc.
	1,775	9.13%, 11/15/2020 ■		1,944
		KB Home
	2,104	1.38%, 02/01/2019 ۞		2,183
	2,206	7.50%, 09/15/2022		2,366
	3,750	8.00%, 03/15/2020		4,163
		Lennar Corp.
	5,320	4.75%, 12/15/2017		5,320
	1,155	5.00%, 11/15/2022 ■		1,097
		M/I Homes, Inc.
	566	3.00%, 03/01/2018		585
		Pulte Homes, Inc.
	615	6.38%, 05/15/2033		575
	2,446	7.88%, 06/15/2032		2,691

The accompanying notes are an integral part of these financial statements.

5

Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount ╬			Market Value ╪
CORPORATE BONDS - 90.8% - (continued)
		Construction - 3.9% - (continued)
		Ryland Group, Inc.
$	910	5.38%, 10/01/2022	$	878
				21,802
		Fabricated Metal Product Manufacturing - 0.7%
		BOE Intermediate Holdings Corp.
	1,830	9.00%, 11/01/2017 ■Þ		1,757
		Masco Corp.
	1,135	5.95%, 03/15/2022		1,191
	320	7.13%, 03/15/2020		357
		Ply Gem Industries, Inc.
	693	9.38%, 04/15/2017		733
				4,038
		Finance and Insurance - 11.5%
		Ally Financial, Inc.
	1,930	7.50%, 09/15/2020		2,224
		CIT Group, Inc.
	3,011	5.25%, 03/15/2018		3,094
	2,470	6.63%, 04/01/2018 ■		2,668
		Community Choice Financial, Inc.
	3,810	10.75%, 05/01/2019		3,648
		Credit Acceptance Corp.
	115	9.13%, 02/01/2017		122
		Deutsche Bank AG
	1,755	4.30%, 05/24/2028		1,620
		Felcor Lodging L.P.
	1,450	5.63%, 03/01/2023		1,410
		Fibria Overseas Finance Ltd.
	1,578	7.50%, 05/04/2020 ■		1,704
		General Motors Financial Co., Inc.
	1,050	2.75%, 05/15/2016 ■		1,033
	535	3.25%, 05/15/2018 ■		520
	350	4.25%, 05/15/2023 ■		326
		Ineos Finance plc
	1,220	7.50%, 05/01/2020 ■		1,296
	715	8.38%, 02/15/2019 ■		781
		ING US, Inc.
	1,300	5.65%, 05/15/2053 ■		1,222
		Ladder Capital Finance Holdings LLC
	2,430	7.38%, 10/01/2017 ■		2,479
		Lloyds Banking Group plc
	6,180	7.88%, 11/01/2020 ■		6,378
		National Money Mart Co.
	2,825	10.38%, 12/15/2016		2,994
		Nationstar Mortgage LLC
	3,115	6.50%, 07/01/2021		2,990
		Nuveen Investments, Inc.
	4,245	9.13%, 10/15/2017 ■		4,256
	2,446	9.50%, 10/15/2020 ■		2,434
		Provident Funding Associates L.P.
	585	6.75%, 06/15/2021 ■		584
		Royal Bank of Scotland plc
	5,075	6.13%, 12/15/2022		4,829
		SLM Corp.
	1,440	6.25%, 01/25/2016		1,526
	1,960	7.25%, 01/25/2022		2,058
	2,335	8.45%, 06/15/2018		2,592
		Softbank Corp.
	2,825	4.50%, 04/15/2020 ■		2,723
		TitleMax, Inc.
	5,155	13.25%, 07/15/2015		5,529
		UBS AG Stamford CT
	1,665	7.63%, 08/17/2022		1,827
				64,867
		Food Manufacturing - 0.5%
		Pinnacle Foods Finance LLC
	2,930	4.88%, 05/01/2021 ■		2,798
		Health Care and Social Assistance - 7.3%
		Alere, Inc.
	2,340	6.50%, 06/15/2020 ■		2,270
		Biomet, Inc.
	2,710	6.50%, 08/01/2020 - 10/01/2020		2,750
		Community Health Systems, Inc.
	1,681	5.13%, 08/15/2018		1,706
	2,935	7.13%, 07/15/2020		3,023
		Exelixis, Inc.
	1,265	4.25%, 08/15/2019 ۞		1,224
		Fresenius Medical Care US Finance II, Inc.
	2,875	5.88%, 01/31/2022 ■		3,026
		HCA Holdings, Inc.
	1,835	6.25%, 02/15/2021		1,872
		HCA, Inc.
	4,260	7.25%, 09/15/2020		4,574
	8,474	7.50%, 11/15/2095		7,881
	2,531	8.50%, 04/15/2019		2,716
		Health Management Associates, Inc.
	2,070	7.38%, 01/15/2020		2,269
		Hologic, Inc.
	3,250	2.00%, 03/01/2042 ۞		3,215
	455	6.25%, 08/01/2020		472
		Radiation Therapy Services, Inc.
	3,665	9.88%, 04/15/2017		2,236
		Savient Pharmaceuticals, Inc.
	3,885	4.75%, 02/01/2018 ۞		777
		VPII Escrow Corp
	1,230	6.75%, 08/15/2018 ■☼		1,261
				41,272
		Information - 16.7%
		Altice Financing S.A.
	1,500	7.88%, 12/15/2019 ■		1,568
	1,080	9.88%, 12/15/2020 ■		1,156
		Audatex North America, Inc.
	3,150	6.75%, 06/15/2018		3,308
		DISH DBS Corp.
	2,170	5.00%, 03/15/2023		2,089
	3,725	5.88%, 07/15/2022		3,781
	945	6.75%, 06/01/2021		1,004
	4,886	7.88%, 09/01/2019		5,472
		First Data Corp.
	1,800	6.75%, 11/01/2020 ■		1,832
	5,425	7.38%, 06/15/2019 ■		5,574
	2,295	8.25%, 01/15/2021 ■		2,341
		Harron Communications L.P.
	2,580	9.13%, 04/01/2020 ■		2,786
		Intelsat Jackson Holdings S.A.
	2,330	6.63%, 12/15/2022 ■		2,260
	3,145	8.50%, 11/01/2019		3,389

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount ╬			Market Value ╪
CORPORATE BONDS - 90.8% - (continued)
		Information - 16.7% - (continued)
		Intelsat Luxembourg S.A.
$	695	6.75%, 06/01/2018 ■	$	700
	6,550	7.75%, 06/01/2021 ■		6,615
		InterActiveCorp
	290	4.75%, 12/15/2022 ■		274
		Lawson Software
	1,890	9.38%, 04/01/2019		2,048
		Level 3 Financing, Inc.
	4,226	10.00%, 02/01/2018		4,554
		MetroPCS Wireless, Inc.
	1,425	6.63%, 11/15/2020		1,478
	4,710	7.88%, 09/01/2018		5,016
		Nara Cable Funding Ltd.
	3,615	8.88%, 12/01/2018 ■		3,760
		NII Capital Corp.
	1,930	7.63%, 04/01/2021		1,501
		NII International Telecom S.a.r.l.
	1,935	7.88%, 08/15/2019 ■		1,833
	670	11.38%, 08/15/2019 ■		717
		Paetec Holding Corp.
	2,127	9.88%, 12/01/2018		2,350
		Sprint Nextel Corp.
	507	7.00%, 03/01/2020 ■		548
	3,092	9.00%, 11/15/2018 ■		3,618
		Syniverse Holdings, Inc.
	3,470	9.13%, 01/15/2019		3,704
		Unitymedia Hessen GmbH & Co.
	2,555	5.50%, 01/15/2023 ■		2,414
	1,496	7.50%, 03/15/2019 ■		1,575
		UPCB Finance III Ltd.
	2,868	6.63%, 07/01/2020 ■		2,968
		UPCB Finance VI Ltd.
	1,845	6.88%, 01/15/2022 ■		1,910
		Videotron Ltee
	2,430	9.13%, 04/15/2018		2,548
		Wind Acquisition Finance S.A.
	1,145	6.50%, 04/30/2020 ■		1,136
	1,915	7.25%, 02/15/2018 ■		1,910
		Windstream Corp.
	1,025	6.38%, 08/01/2023		958
	3,400	7.50%, 04/01/2023		3,451
				94,146
		Machinery Manufacturing - 1.4%
		Case New Holland, Inc.
	6,921	7.88%, 12/01/2017 ╦‡		7,838
		Mining - 2.5%
		American Rock Salt Co. LLC
	1,171	8.25%, 05/01/2018 ■		1,113
		FMG Resources Pty Ltd.
	320	6.00%, 04/01/2017 ■		311
	6,887	7.00%, 11/01/2015 ■		6,956
		Peabody Energy Corp.
	4,020	6.00%, 11/15/2018		4,030
	1,572	6.50%, 09/15/2020		1,576
				13,986
		Miscellaneous Manufacturing - 2.0%
		BE Aerospace, Inc.
	2,541	5.25%, 04/01/2022		2,528
		DigitalGlobe, Inc.
	2,945	5.25%, 02/01/2021 ■		2,827
		TransDigm Group, Inc.
	551	5.50%, 10/15/2020 ■		521
	5,140	7.75%, 12/15/2018		5,410
				11,286
		Nonmetallic Mineral Product Manufacturing - 0.8%
		Ardagh Packaging Finance plc
	510	4.88%, 11/15/2020 ■		477
	1,575	7.00%, 11/15/2020 ■		1,518
	480	7.38%, 10/15/2017 ■		512
	511	9.13%, 10/15/2020 ■		545
		Cemex S.A.B. de C.V.
	1,200	3.75%, 03/15/2018		1,478
				4,530
		Other Services - 1.1%
		Service Corp. International
	520	5.38%, 01/15/2022 ■☼		519
	5,075	7.63%, 10/01/2018		5,785
				6,304
		Paper Manufacturing - 0.1%
		Clearwater Paper Corp.
	605	4.50%, 02/01/2023 ■		575
		Petroleum and Coal Products Manufacturing - 7.4%
		Antero Resources Finance Corp.
	2,700	6.00%, 12/01/2020		2,660
	3,605	7.25%, 08/01/2019		3,758
		Chesapeake Energy Corp.
	3,982	2.50%, 05/15/2037 ۞		3,751
		Cobalt International Energy, Inc.
	1,115	2.63%, 12/01/2019 ۞		1,183
		Continental Resources, Inc.
	2,655	5.00%, 09/15/2022		2,701
		Denbury Resources, Inc.
	2,550	4.63%, 07/15/2023		2,352
		Endeavour International Corp.
	3,163	12.00%, 03/01/2018		3,037
		EPE Holding/EP Energy Bond
	1,444	8.88%, 12/15/2017 ■Þ		1,473
		Everest Acquisition LLC
	570	6.88%, 05/01/2019		610
	5,467	9.38%, 05/01/2020		6,178
		Ferrellgas Partners L.P.
	891	6.50%, 05/01/2021		893
		Harvest Operations Corp.
	1,315	6.88%, 10/01/2017		1,466
		MEG Energy Corp.
	1,716	6.38%, 01/30/2023 ■		1,665
		Newfield Exploration Co.
	2,176	5.75%, 01/30/2022		2,154
		Rosetta Resources, Inc.
	1,875	5.63%, 05/01/2021		1,830
	3,468	9.50%, 04/15/2018		3,745
		Seadrill Ltd.
	2,585	5.63%, 09/15/2017 ■		2,546
				42,002

The accompanying notes are an integral part of these financial statements.

7

Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount ╬			Market Value ╪
CORPORATE BONDS - 90.8% - (continued)
		Pipeline Transportation - 1.8%
		El Paso Corp.
$	955	7.75%, 01/15/2032	$	1,015
	3,260	7.80%, 08/01/2031		3,443
		Energy Transfer Equity L.P.
	2,588	7.50%, 10/15/2020		2,827
		Kinder Morgan Finance Co.
	2,850	6.00%, 01/15/2018 ■		2,992
				10,277
		Plastics and Rubber Products Manufacturing - 1.3%
		Associated Materials LLC
	120	9.13%, 11/01/2017		126
	885	9.13%, 11/01/2017 ■		929
		Continental Rubber of America Corp.
	3,180	4.50%, 09/15/2019 ■		3,274
		Nortek, Inc.
	1,650	8.50%, 04/15/2021		1,766
	1,135	8.50%, 04/15/2021 ■		1,203
				7,298
		Primary Metal Manufacturing - 0.5%
		Novelis, Inc.
	2,513	8.75%, 12/15/2020		2,695
		Professional, Scientific and Technical Services - 1.3%
		Lamar Media Corp.
	1,465	7.88%, 04/15/2018		1,560
		SunGard Data Systems, Inc.
	490	6.63%, 11/01/2019 ■		493
	3,685	7.38%, 11/15/2018		3,888
	1,520	7.63%, 11/15/2020		1,611
				7,552
		Real Estate, Rental and Leasing - 4.2%
		Air Lease Corp.
	4,215	6.13%, 04/01/2017		4,363
		CBRE Services, Inc.
	2,940	5.00%, 03/15/2023		2,786
		Hertz Global Holdings, Inc.
	1,075	5.88%, 10/15/2020		1,107
	695	6.25%, 10/15/2022		725
		International Lease Finance Corp.
	10,126	5.88%, 04/01/2019 - 08/15/2022		10,215
	1,720	6.25%, 05/15/2019		1,767
	2,535	8.88%, 09/01/2017		2,858
				23,821
		Retail Trade - 5.6%
		99 Cents Only Stores
	3,545	11.00%, 12/15/2019		4,006
		American Builders & Contractors Supply Co., Inc.
	580	5.63%, 04/15/2021 ■		570
		AmeriGas Partners L.P.
	3,336	6.25%, 08/20/2019		3,353
		ARAMARK Corp.
	3,825	5.75%, 03/15/2020 ■		3,911
		Building Materials Corp.
	2,948	7.50%, 03/15/2020 ■		3,154
		GRD Holding III Corp.
	3,095	10.75%, 06/01/2019 ■		3,312
		J. C. Penney Co., Inc.
	1,170	5.65%, 06/01/2020		977
	1,065	6.38%, 10/15/2036		831
	2,035	7.40%, 04/01/2037		1,654
	210	7.95%, 04/01/2017		202
		Michaels Stores, Inc.
	5,245	7.75%, 11/01/2018		5,612
		PC Merger Sub, Inc.
	1,080	8.88%, 08/01/2020 ■		1,158
		Sally Holdings LLC
	1,425	5.75%, 06/01/2022		1,446
	1,395	6.88%, 11/15/2019		1,496
				31,682
		Transportation Equipment Manufacturing - 0.3%
		Huntington Ingalls Industries, Inc.
	1,785	7.13%, 03/15/2021		1,919
		Utilities - 2.4%
		AES (The) Corp.
	3,230	8.00%, 10/15/2017		3,634
	2,409	9.75%, 04/15/2016		2,776
		Calpine Corp.
	2,353	7.88%, 01/15/2023 ■		2,529
		Dolphin Subsidiary II, Inc.
	2,615	7.25%, 10/15/2021		2,707
		Texas Competitive Electric Co.
	2,765	11.50%, 10/01/2020 ■		2,067
				13,713
		Wholesale Trade - 0.8%
		J.M. Huber Corp.
	3,415	9.88%, 11/01/2019 ■		3,825
		SIWF Merger Sub, Inc. / Springs Industries, Inc.
	580	6.25%, 06/01/2021 ■		568
				4,393
		Wood Product Manufacturing - 0.2%
		Boise Cascade Co.
	920	6.38%, 11/01/2020		932
		Total corporate bonds
		(cost $505,348)	$	512,926
SENIOR FLOATING RATE INTERESTS ♦ - 4.2%
		Finance and Insurance - 1.0%
		Asurion LLC
$	2,344	4.50%, 05/24/2019	$	2,320
		Macquarie Aircraft Leasing Finance S.A., Second Lien Term Loan
	3,391	4.19%, 11/29/2013		3,306
				5,626
		Health Care and Social Assistance - 0.1%
		Hologic, Inc.
	903	4.50%, 08/01/2019		905
		Information - 0.3%
		Alcatel-Lucent
	1,085	6.25%, 08/01/2016		1,093
	478	7.25%, 01/30/2019		482
				1,575

The accompanying notes are an integral part of these financial statements.

8

Shares or Principal Amount ╬					Market Value ╪
SENIOR FLOATING RATE INTERESTS ♦ - 4.2% - (continued)
		Mining - 0.7%
		Arch Coal, Inc.
$	3,797	5.75%, 05/16/2018			$	3,776
		Retail Trade - 1.2%
		EB Sports Corp.
	5,436	11.50%, 12/31/2015 Þ				5,382
		J. C. Penney Co., Inc.
	1,450	6.00%, 05/22/2018				1,451
						6,833
		Utilities - 0.9%
		Texas Competitive Electric Holdings Co. LLC
	7,000	4.72%, 10/10/2017				4,877
		Total senior floating rate interests
		(cost $23,277)			$	23,592
COMMON STOCKS - 0.2%
		Energy - 0.2%
	206,275	KCA Deutag ⌂●†			$	1,045
		Software and Services - 0.0%
	38	Stratus Technologies, Inc. ⌂●†				116
		Total common stocks
		(cost $2,795)			$	1,161
PREFERRED STOCKS - 1.9%
		Diversified Financials - 1.6%
	120	Citigroup Capital XIII			$	3,341
	221	GMAC Capital Trust I ۞				5,749
						9,090
		Software and Services - 0.0%
	9	Stratus Technologies, Inc. ⌂†				155
		Telecommunication Services - 0.3%
	25	Intelsat S.A., 5.75%  ۞				1,350
		Total preferred stocks
		(cost $9,592)			$	10,595
		Total long-term investments
		(cost $543,491)			$	548,274
SHORT-TERM INVESTMENTS - 1.8%
Repurchase Agreements - 1.8%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $38, collateralized by GNMA 3.00%, 2042, value of $38)
$	38	0.13%, 6/28/2013			$	38
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $800, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $814)
	800	0.15%, 6/28/2013				800
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,555, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $1,582)
	1,555	0.12%, 6/28/2013				1,555
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,077, collateralized by U.S. Treasury Note 3.13%, 2021, value of $1,095)
	1,077	0.10%, 6/28/2013				1,077
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $3,175, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $3,223)
	3,175	0.10%, 6/28/2013				3,175
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $38, collateralized by FNMA 4.50%, 2035, value of $38)
	38	0.25%, 6/28/2013				38
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,273, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $1,299)
	1,273	0.10%, 6/28/2013				1,273
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $2,246, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $2,284)
	2,246	0.12%, 6/28/2013				2,246
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $32, collateralized by U.S. Treasury Note 0.63%, 2014, value of $33)
	32	0.09%, 6/28/2013				32
						10,234
		Total short-term investments
		(cost $10,234)			$	10,234
		Total investments
		(cost $553,725) ▲	98.9	%	$	558,508
		Other assets and liabilities	1.1	%		6,302
		Total net assets	100.0	%	$	564,810

The accompanying notes are an integral part of these financial statements.

9

Hartford High Yield HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $554,214 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	16,619
Unrealized Depreciation		(12,325	)
Net Unrealized Appreciation	$	4,294

† These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company's Board of Directors.  At June 30, 2013, the aggregate value of these securities was $1,316, which represents 0.2% of total net assets.

● Non-income producing.  For long-term debt securities, items identified are in default as to payment of interest and/or principal.

♦ Senior floating rate interests 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 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.  Unless otherwise noted, the interest rate disclosed for these securities represents the average coupon as of June 30, 2013.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $168,145, which represents 29.8% of total net assets.

⌂ 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
03/2011		206,275	KCA Deutag	$	2,796
03/2010 - 04/2010		38	Stratus Technologies, Inc.		–
03/2010 - 04/2010		9	Stratus Technologies, Inc. Preferred		–

At June 30, 2013, the aggregate value of these securities was $1,316, which represents 0.2% of total net assets.

۞ Convertible security.

╬ All principal or contract amounts are in U.S. dollars unless otherwise indicated.

☼ This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $1,754 at June 30, 2013.

‡ This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

╦ This security, or a portion of this security, has been pledged as collateral in connection with swap contracts.  Securities valued at $34, held on behalf of the Fund at the custody bank, were received from broker(s) as collateral in connection with swap contracts.

Þ This security may pay interest in additional principal instead of cash.

Foreign Currency Contracts Outstanding at June 30, 2013
Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
CAD	Sell	07/22/2013	CSFB	$	1,336	$	1,293	$	43

The accompanying notes are an integral part of these financial statements.

10

Credit Default Swap Contracts Outstanding at June 30, 2013

Reference Entity	Counterparty	Notional Amount (a)		(Pay)/Receive Fixed Rate / Implied Credit Spread (b)	Expiration Date	Upfront Premiums Paid/ (Received)			Market Value ╪		Unrealized Appreciation/ (Depreciation)
Credit default swaps on single-name issues:
Buy protection:
Time Warner Cable, Inc.	BCLY	$	2,245	(1.00)% / 1.90%	06/20/18	$	(11	)	$	95	$	106
Time Warner Cable, Inc.	GSC		1,780	(1.00)% / 1.90%	06/20/18		(10	)		75		85
Time Warner Cable, Inc.	JPM		2,315	(1.00)% / 1.90%	06/20/18		(11	)		98		109
Total						$	(32	)	$	268	$	300

(a) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.  Notional shown in U.S. dollars unless otherwise noted.

(b) Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues, U.S. municipal issues or sovereign government issues as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood of risk of default for the credit derivative.  The implied credit spread of a particular entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement.  Wider credit spreads represent a deterioration of the reference entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.  The percentage shown is the implied credit spread on June 30, 2013.  For credit default swap agreements on indices, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
CSFB	Credit Suisse First Boston Corp.
GSC	Goldman Sachs & Co.
JPM	JP Morgan Chase & Co.
Currency Abbreviations:
CAD	Canadian Dollar
Other Abbreviations:
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
LIBOR	London Interbank Offered Rate

The accompanying notes are an integral part of these financial statements.

11

Hartford High Yield HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Asset & Commercial Mortgage Backed Securities	$	–	$	–	$	–	$	–
Common Stocks ‡		1,161		–		–		1,161
Corporate Bonds		512,926		–		512,926		–
Preferred Stocks		10,595		10,440		–		155
Senior Floating Rate Interests		23,592		–		23,592		–
Short-Term Investments		10,234		–		10,234		–
Total	$	558,508	$	10,440	$	546,752	$	1,316
Credit Default Swaps *		300		–		300		–
Foreign Currency Contracts *		43		–		43		–
Total	$	343	$	–	$	343	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization		Purchases		Sales		Transfers Into Level 3		Transfers Out of Level 3		Balance as of June 30, 2013
Assets:
Asset & Commercial Mortgage Backed Securities	$	—	$	—		$   —	*	$	—	$	—	$	—	$	—	$	—	$	—
Common Stocks		1,073		—		88	†		—		—		—		—		—		1,161
Preferred Stocks		149		—		6	‡		—		—		—		—		—		155
Total	$	1,222	$	—	$	94		$	—	$	—	$	—	$	—	$	—	$	1,316

* Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was zero.

† Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $88.

‡ Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $6.

The accompanying notes are an integral part of these financial statements.

12

Hartford High Yield HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $553,725)	$	558,508
Cash		213
Unrealized appreciation on foreign currency contracts		43
Unrealized appreciation on swap contracts		300
Receivables:
Dividends and interest		8,785
Total assets		567,849
Liabilities:
Payables:
Investment securities purchased		1,754
Fund shares redeemed		1,100
Investment management fees		65
Distribution fees		6
Accrued expenses		82
Swap premiums received		32
Total liabilities		3,039
Net assets	$	564,810
Summary of Net Assets:
Capital stock and paid-in-capital	$	520,944
Undistributed net investment income		62,668
Accumulated net realized loss		(23,927	)
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		5,125
Net assets	$	564,810
Shares authorized		2,800,000
Par value	$	0.001
Class IA: Net asset value per share	$	9.18
Shares outstanding		46,907
Net assets	$	430,441
Class IB: Net asset value per share	$	9.04
Shares outstanding		14,870
Net assets	$	134,369

The accompanying notes are an integral part of these financial statements.

13

Hartford High Yield HLS Fund

Statement of Operations

For the Six Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	323
Interest		20,932
Total investment income, net		21,255
Expenses:
Investment management fees		2,181
Transfer agent fees		2
Distribution fees - Class IB		180
Custodian fees		6
Accounting services fees		63
Board of Directors' fees		9
Audit fees		7
Other expenses		93
Total expenses (before fees paid indirectly)		2,541
Custodian fee offset		—
Total fees paid indirectly		—
Total expenses, net		2,541
Net Investment Income		18,714
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions:
Net realized gain on investments		9,065
Net realized gain on swap contracts		610
Net realized gain on foreign currency contracts		33
Net realized gain on other foreign currency transactions		—
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		9,708
Net Changes in Unrealized Depreciation of Investments, Other Financial Instruments and Foreign Currency Transactions:
Net unrealized depreciation of investments		(21,197	)
Net unrealized appreciation of swap contracts		214
Net unrealized appreciation of foreign currency contracts		35
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(1	)
Net Changes in Unrealized Depreciation of Investments, Other Financial Instruments and Foreign Currency Transactions		(20,949	)
Net Loss on Investments, Other Financial Instruments and Foreign Currency Transactions		(11,241	)
Net Increase in Net Assets Resulting from Operations	$	7,473

The accompanying notes are an integral part of these financial statements.

14

Hartford High Yield HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	18,714		$	43,715
Net realized gain on investments, other financial instruments and foreign currency transactions		9,708			13,105
Net unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions		(20,949	)		33,552
Net Increase in Net Assets Resulting from Operations		7,473			90,372
Distributions to Shareholders:
From net investment income
Class IA		—			(44,027	)
Class IB		—			(13,154	)
Total distributions		—			(57,181	)
Capital Share Transactions:
Class IA
Sold		33,213			117,583
Issued on reinvestment of distributions		—			44,027
Redeemed		(112,789	)		(232,004	)
Total capital share transactions		(79,576	)		(70,394	)
Class IB
Sold		13,700			28,736
Issued on reinvestment of distributions		—			13,154
Redeemed		(29,879	)		(60,263	)
Total capital share transactions		(16,179	)		(18,373	)
Net decrease from capital share transactions		(95,755	)		(88,767	)
Net Decrease in Net Assets		(88,282	)		(55,576	)
Net Assets:
Beginning of period		653,092			708,668
End of period	$	564,810		$	653,092
Undistributed (distribution in excess of) net investment income	$	62,668		$	43,954
Shares:
Class IA
Sold		3,594			12,934
Issued on reinvestment of distributions		—			5,076
Redeemed		(12,154	)		(25,580	)
Total share activity		(8,560	)		(7,570	)
Class IB
Sold		1,500			3,207
Issued on reinvestment of distributions		—			1,537
Redeemed		(3,266	)		(6,746	)
Total share activity		(1,766	)		(2,002	)

The accompanying notes are an integral part of these financial statements.

15

Hartford High Yield HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford High Yield HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests may change on days when a shareholder will not be able to

16

purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by the Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Fixed income investments (other than short term obligations) and non-exchange traded derivatives held by the Fund are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services in accordance with procedures established by the Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values through accepted market modeling and trading and pricing conventions. Inputs to the models may include, but are not limited to, prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models and the bond’s terms and conditions. Generally, the Fund may use fair valuation in regard to fixed income investments when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. 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. A composite bid price is used, which averages the dealer marks and dealer runs. Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded

17

Hartford High Yield HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

18

Trade date for senior floating rate interests purchased in the primary loan market is considered the date on which the loan allocations are determined. Trade date for senior floating rate interests purchased in the secondary loan market is the date on which the transaction is entered into.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis. Paydown gains and losses on mortgage-related and other asset-backed securities are included in interest income in the Statement of Operations, as applicable.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and

19

Hartford High Yield HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. The Fund, as shown on the Schedule of Investments, had when-issued or delayed-delivery investments as of June 30, 2013.

d) Senior Floating Rate Interests – The Fund, as shown on the Schedule of Investments, invests 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. The Fund may invest in multiple series or tranches of a senior floating rate interest, which may have varying terms and carry different associated risks. The Fund may also enter into unfunded loan commitments, which are contractual obligations for future funding. Unfunded loan commitments may include revolving credit facilities, which may obligate the Fund to supply additional cash to the borrower on demand. Unfunded loan commitments represent a future obligation in full. The Fund may receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a senior floating rate interest. In certain circumstances, the Fund may receive various

20

fees upon the restructure of a senior floating rate interest by a borrower. Fees earned/paid may be recorded as a component of income or realized gain/loss in the Statement of Operations.

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.

e) Mortgage Related and Other Asset Backed Securities – The Fund may invest in mortgage related and other asset backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage backed securities, stripped mortgage backed securities, asset backed securities, collateralized debt obligations and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. Mortgage related securities are created from pools of residential or commercial mortgage loans, including mortgage loans made by savings and loan institutions, mortgage bankers, commercial banks and others. Asset backed securities are created from many types of assets, including auto loans, credit card receivables, home equity loans, and student loans. These securities provide a monthly payment that consists of both interest and principal payments. Interest payments may be determined by fixed or adjustable rates. The rate of pre-payments on underlying mortgages will affect the price and volatility of a mortgage related security, and may have the effect of shortening or extending the effective duration of the security relative to what was anticipated at the time of purchase. The timely payment of principal and interest of certain mortgage related securities is guaranteed by the full faith and credit of the United States Government. Mortgage related and other asset backed securities created and guaranteed by non-governmental issuers, including government-sponsored corporations, may be supported by various forms of insurance or guarantees, but there can be no assurance that the private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The Fund, as shown on the  Schedule of Investments, had mortgage related and other asset backed securities as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

21

Hartford High Yield HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Swap Contracts – The Fund may invest in swap contracts. Swap contracts are privately negotiated agreements between the Fund and a counterparty to exchange or swap investment cash flows, assets, foreign currencies or market-linked returns at specified future intervals. The Fund may enter into credit default, total return, cross-currency, interest rate, inflation and other forms of swap contracts to manage its exposure to credit, currency, interest rate, commodity and inflation risk. Swap contracts are also used to gain exposure to certain markets. In connection with these contracts, investments or cash may be identified as collateral in accordance with the terms of the respective swap contracts to provide assets of value and recourse in the event of default or bankruptcy/insolvency. 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 Company’s Board of Directors, and the change in value, if any, is recorded as an unrealized gain or loss on the Statement of Assets and Liabilities. Payments received or made at the beginning of the measurement period are reflected as such on the Statement of Assets and Liabilities and represent payments made or received upon entering into the swap contract to compensate for differences between the stated terms of the swap contract and prevailing market conditions (credit spreads, currency exchange rates, interest rates, and other relevant factors). These upfront payments are recorded as realized gains or losses on the Statement of Operations upon termination or maturity of the swap. A liquidation payment received or made at the termination of the swap and net periodic payments received or paid by the Fund are recorded as realized gains or losses on the Statement of Operations. Entering into these contracts involves, to varying degrees, elements of credit and market risk in excess of the amounts recognized on the Statement of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these contracts, that the counterparty to the contracts may default on its obligation to perform or disagree as to the meaning of contractual terms in the contracts, and that there may be unfavorable changes in interest rates. The Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life, to the extent that amount is positive. The risk is mitigated by having a master netting arrangement between the Fund and the counterparty, which allows for the netting of payments made or received (although such amounts are presented on a gross basis within the Statement of Assets and Liabilities, as applicable) as well as the posting of collateral to the Fund to cover the Fund’s exposure to the counterparty.

Credit Default Swap Contracts – The credit default swap market allows the Fund to manage its exposure to the market or certain sectors of the market, to reduce its risk exposure to defaults of corporate and sovereign issuers, or to create exposure to corporate or sovereign issuers to which it is not otherwise exposed. Certain credit default swaps involve the exchange of a fixed rate premium for protection against the loss in value of an underlying investment or index in the event of a credit event, such as payment default or bankruptcy.

Under a credit default swap contract, one party acts as guarantor by receiving the fixed periodic payment in exchange for the commitment to purchase the underlying investment at par if the defined credit event occurs. Upon the occurrence of a defined credit event, the difference between the value of the reference obligation and the swap’s notional amount is recorded as realized gain or loss on swap transactions in the Statement of Operations. 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. Although specified events are contract specific, credit events are generally defined as bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium. A “seller’s” exposure is limited to the total notional amount of the credit default swap contract. These potential amounts would be partially offset by any recovery values of the respective referenced obligations or upfront payments received upon entering into the contract.

Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap contracts on corporate issues, sovereign government issues or U.S. municipal issues as of period-end are disclosed in the notes to the Schedule of Investments, as applicable, and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the contract. Wider credit spreads represent a deterioration of the referenced entity’s soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the

22

contract. For credit default swap contracts on asset-backed securities and credit indices, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced equity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. The Fund, as shown on the Schedule of Investments, had outstanding credit default swaps as of June 30, 2013.

c) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Unrealized appreciation on foreign currency contracts	$	—	$	43	$	—	$	—	$	—	$	—	$	43
Unrealized appreciation on swap contracts		—		—		300		—		—		—		300
Total	$	—	$	43	$	300	$	—	$	—	$	—	$	343

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on swap contracts	$	—	$	—	$	610	$	—	$	—	$	—	$	610
Net realized gain on foreign currency contracts		—		33		—		—		—		—		33
Total	$	—	$	33	$	610	$	—	$	—	$	—	$	643
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized appreciation of swap contracts	$	—	$	—	$	214	$	—	$	—	$	—	$	214
Net change in unrealized appreciation of foreign currency contracts		—		35		—		—		—		—		35
Total	$	—	$	35	$	214	$	—	$	—	$	—	$	249

d) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

23

Hartford High Yield HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net   Amount (not less than 0)
Repurchase Agreements	$	10,234	$	—	$	10,234	$	—	$	(10,406	)	$	—
Swap contracts at market value		268		—		268		—		(34	)		234
Unrealized appreciation on foreign currency contracts		43		—		43		—		—			43
Total subject to a master netting or similar arrangement	$	10,545	$	—	$	10,545	$	—	$	(10,440	)	$	277

5. Principal Risks:

a) Credit and Counterparty Risks – Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. Similar to credit risk, the Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The Fund’s investments expose the Fund to various risks including, but not limited to, interest rate, prepayment, extension, foreign currency, and equity risks. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the values of certain fixed income securities held by the Fund are likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income security’s market price to interest rate (i.e., yield) movements. Senior floating rate interests and securities subject to prepayment and extension risk generally offer less potential for gains when interest rates decline. In addition, securities are subject to extension risk. 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 and extension risk are major risks of mortgage backed securities, senior floating rate interests, and certain asset backed securities. For certain asset backed securities, the actual maturity may be less than the stated maturity shown in the Schedule of Investments, if applicable. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity. If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

24

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	57,181	$	63,579

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	43,989
Accumulated Capital and Other Losses*		(33,139	)
Unrealized Appreciation†		25,577
Total Accumulated Earnings	$	36,427

*   The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

†   Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

25

Hartford High Yield HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	274
Accumulated Net Realized Gain (Loss)		(274	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	33,139
Total	$	33,139

During the year ended December 31, 2012, the Fund utilized $11,018 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment

26

objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $500 million		0.7000	%
On next $500 million		0.6750	%
On next $1.5 billion		0.6250	%
On next $2.5 billion		0.6150	%
On next $5 billion		0.6050	%
Over $10 billion		0.5950	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.020	%
On next $5 billion		0.018	%
Over $10 billion		0.016	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Fund’s custodian banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.75	%
Class IB		1.00

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

27

Hartford High Yield HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.03	%		0.03	%
Total Return Excluding Payment from Affiliate		50.41	%		50.04	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	118,476
Sales Proceeds Excluding U.S. Government Obligations		192,677

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

28

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

29

Hartford High Yield HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains		Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	9.09	$	0.42	$	(0.33	)	$	0.09		$	–		$	–	$	–	$	–		$	9.18
IB		8.96		0.35		(0.27	)		0.08			–			–		–		–			9.04
For the Year Ended December 31, 2012 (G)
IA		8.70		0.58		0.63			1.21			(0.82	)		–		–		(0.82	)		9.09
IB		8.59		0.55		0.62			1.17			(0.80	)		–		–		(0.80	)		8.96
For the Year Ended December 31, 2011 (G)
IA		9.15		0.71		(0.31	)		0.40			(0.85	)		–		–		(0.85	)		8.70
IB		9.04		0.67		(0.30	)		0.37			(0.82	)		–		–		(0.82	)		8.59
For the Year Ended December 31, 2010 (G)
IA		7.94		0.75		0.52			1.27			(0.06	)		–		–		(0.06	)		9.15
IB		7.86		0.72		0.52			1.24			(0.06	)		–		–		(0.06	)		9.04
For the Year Ended December 31, 2009 (G)
IA		5.73		0.73		2.16			2.89			(0.68	)		–		–		(0.68	)		7.94
IB		5.68		0.70		2.14			2.84			(0.66	)		–		–		(0.66	)		7.86
For the Year Ended December 31, 2008
IA		8.87		0.83		(3.12	)		(2.29	)		(0.85	)		–		–		(0.85	)		5.73
IB		8.78		0.83		(3.11	)		(2.28	)		(0.82	)		–		–		(0.82	)		5.68

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Per share amounts have been calculated using the average shares method.

(H) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

30

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	0.98	%(E)	$	430,441		0.75	%(F)		0.75	%(F)		6.02	%(F)		19	%
	0.86	(E)		134,369		1.00	(F)		1.00	(F)		5.77	(F)		–
	14.31			504,042		0.75			0.75			6.37			94
	14.03			149,050		1.00			1.00			6.12			–
	4.69			548,608		0.74			0.74			7.68			88
	4.44			160,060		0.99			0.99			7.43			–
	16.15			602,493		0.75			0.75			8.80			139
	15.86			186,357		1.00			1.00			8.57			–
	50.46	(H)		527,000		0.75			0.75			10.32			173
	50.08	(H)		188,832		1.00			1.00			10.08			–
	(25.23	)		293,839		0.74			0.74			9.05			101
	(25.42	)		124,701		0.99			0.99			8.76			–

31

Hartford High Yield HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

32

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

33

Hartford High Yield HLS Fund

Directors and Officers (Unaudited) – (continued)

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

34

Hartford High Yield HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year		Days in the full year
Class IA	$	1,000.00	$	1,009.80	$	3.74	$	1,000.00	$	1,021.08	$	3.76		0.75	%		181		365
Class IB	$	1,000.00	$	1,008.60	$	4.98	$	1,000.00	$	1,019.84	$	5.01		1.00	%		181		365

35

Hartford High Yield HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Junk Bond Risk: Investments in junk bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities.

Fixed Income Risk: The Fund is subject to interest rate risk (the risk that the value of an investment decreases when interest rates rise) and credit risk (the risk that the issuing company of a security is unable to pay interest and principal when due) and call risk (the risk that an investment may be redeemed early).

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

Derivatives Risk: Investments in derivatives can be volatile. Potential risks include currency risk, leverage risk (the risk that small market movements may result in large changes in the value of an investment), liquidity risk, index risk, pricing risk, and counterparty risk (the risk that the counterparty may be unwilling or unable to honor its obligations).

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

36

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-HY13 8-13 113544-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD INDEX HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Index HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	4
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	10
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	11
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	12
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	13
Notes to Financial Statements (Unaudited)	14
Financial Highlights (Unaudited)	24
Directors and Officers (Unaudited)	26
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	28
Quarterly Portfolio Holdings Information (Unaudited)	28
Expense Example (Unaudited)	29
Principal Risks (Unaudited)	30

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Index HLS Fund inception 05/01/1987

(sub-advised by Hartford Investment Management Company)

Investment objective – Seeks to provide investment results which approximate the price and yield performance of publicly traded common stocks in the aggregate.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
Index IA		13.64%		20.20%		6.72%		6.96%
Index IB		13.48%		19.88%		6.46%		6.70%
S&P 500 Index		13.82%		20.58%		7.00%		7.29%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.33% and 0.58%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Index HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Manager

Deane Gyllenhaal

Vice President

How did the Fund perform?

The Class IA shares of the Hartford Index HLS Fund returned 13.64% for the six-month period ended June 30, 2013, underperforming its benchmark, the S&P 500 Index, which returned 13.82%. The Fund outperformed the 13.59% average return of the Variable Products-Underlying Funds Lipper S&P 500 Index Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

By design, the Fund is managed to mimic the performance of the S&P 500 Index. Due to this approach, the Fund is expected to perform in line with the Index. However, we do not purchase the stock of our parent, The Hartford Financial Services Group, Inc. (HIG). This exposure to HIG is reallocated across the Life/Health, Property/Casualty and Multi-line Insurance industries. The performance of the Fund tends to marginally differ from the benchmark, primarily due to trading in futures contracts, index events, minimal cash exposure, and lack of exposure to HIG.

All ten of the sectors within the S&P 500 Index had positive returns during the first half of 2013. Health Care led the way up 20.3%. Consumer Discretionary and Financials followed, gaining 19.8% and 19.5%, respectively. The lowest performing sector was Materials, which was up 2.9%.

On the stock level, the best index performers for the quarter included Best Buy rallying 132.9%. Netflix and Micron Technology also finished with triple digit returns gaining 127.5% and 125.7%, respectively. Index laggards for the period included Cliff Natural Resources which fell 57.5% and Peabody Energy dropping 44.7%.

What is the outlook?

The equity market (as measured by the S&P 500 Index) markedly slowed its pace rising 2.9% during the second quarter after returning 10.6% during the first quarter of 2013.  With year-over-year earnings growth of 4.5% during the first quarter and expectations for second quarter growth of around 3%, the market seems more aligned with fundamentals. However, as evidenced by the markets’ reaction in June to the Federal Reserve’s (Fed) hint of ending its bond buying, the market is walking on egg shells and still quite skeptical of fundamentals. Given these conditions, we see earnings and revenues growing next quarter at a tepid pace; slowly building confidence in the economic recovery. Much of the extreme skepticism in the market seems to have been released in the first quarter price to earnings multiple expansion and we believe that the market now seems to have a more “healthy” skepticism of fundamentals. The greatest risk we see to this scenario is a Fed policy change.

The Fund will continue to be invested in the securities comprising the S&P 500 Index, with a focus on risk control and efficient trading. Performance of the Fund is expected to mirror the return of the S&P 500 Index; however, there can be no assurance that the Fund’s investment performance will equal or approximate that of the S&P 500 Index.

Diversification by Industry

as of June 30, 2013

Industry (Sector)	Percentage of Net Assets
Automobiles and Components (Consumer Discretionary)		1.1	%
Banks (Financials)		3.0
Capital Goods (Industrials)		7.7
Commercial and Professional Services (Industrials)		0.6
Consumer Durables and Apparel (Consumer Discretionary)		1.2
Consumer Services (Consumer Discretionary)		1.8
Diversified Financials (Financials)		6.9
Energy (Energy)		10.4
Food and Staples Retailing (Consumer Staples)		2.4
Food, Beverage and Tobacco (Consumer Staples)		5.7
Health Care Equipment and Services (Health Care)		4.2
Household and Personal Products (Consumer Staples)		2.3
Insurance (Financials)		4.4
Materials (Materials)		3.2
Media (Consumer Discretionary)		3.8
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		8.4
Real Estate (Financials)		2.1
Retailing (Consumer Discretionary)		4.4
Semiconductors and Semiconductor Equipment (Information Technology)		2.1
Software and Services (Information Technology)		9.4
Technology Hardware and Equipment (Information Technology)		6.2
Telecommunication Services (Services)		2.8
Transportation (Industrials)		1.7
Utilities (Utilities)		3.3
Short-Term Investments		1.0
Other Assets and Liabilities		(0.1	)
Total		100.0	%

3

Hartford Index HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.1%
		Automobiles and Components - 1.1%
	9	BorgWarner, Inc. ●	$	744
	22	Delphi Automotive plc		1,105
	295	Ford Motor Co.		4,557
	58	General Motors Co. ●		1,922
	18	Goodyear (The) Tire & Rubber Co. ●		281
	17	Harley-Davidson, Inc.		923
	51	Johnson Controls, Inc.		1,838
				11,370
		Banks - 3.0%
	53	BB&T Corp.		1,779
	14	Comerica, Inc.		556
	65	Fifth Third Bancorp		1,182
	36	Hudson City Bancorp, Inc.		326
	63	Huntington Bancshares, Inc.		495
	69	KeyCorp		761
	9	M&T Bank Corp.		1,027
	25	People's United Financial, Inc.		379
	40	PNC Financial Services Group, Inc.		2,890
	106	Regions Financial Corp.		1,009
	40	SunTrust Banks, Inc.		1,275
	139	US Bancorp		5,009
	369	Wells Fargo & Co.		15,228
	14	Zions Bancorporation		399
				32,315
		Capital Goods - 7.7%
	48	3M Co.		5,205
	51	Boeing Co.		5,240
	49	Caterpillar, Inc.		4,066
	13	Cummins, Inc.		1,432
	44	Danaher Corp.		2,759
	29	Deere & Co.		2,360
	13	Dover Corp.		996
	35	Eaton Corp. plc		2,330
	54	Emerson Electric Co.		2,937
	20	Fastenal Co.		928
	11	Flowserve Corp.		587
	12	Fluor Corp.		726
	25	General Dynamics Corp.		1,946
	775	General Electric Co.		17,964
	59	Honeywell International, Inc.		4,679
	31	Illinois Tool Works, Inc.		2,147
	21	Ingersoll-Rand plc		1,158
	10	Jacobs Engineering Group, Inc. ●		538
	8	Joy Global, Inc.		389
	7	L-3 Communications Holdings, Inc.		576
	20	Lockheed Martin Corp.		2,163
	27	Masco Corp.		520
	18	Northrop Grumman Corp.		1,462
	27	PACCAR, Inc.		1,423
	8	Pall Corp.		556
	11	Parker-Hannifin Corp.		1,067
	15	Pentair Ltd.		884
	11	Precision Castparts Corp.		2,475
	16	Quanta Services, Inc. ●		422
	24	Raytheon Co.		1,611
	10	Rockwell Automation, Inc.		871
	10	Rockwell Collins, Inc.		646
	7	Roper Industries, Inc.		923
	4	Snap-On, Inc.		388
	12	Stanley Black & Decker, Inc.		941
	21	Textron, Inc.		541
	63	United Technologies Corp.		5,889
	5	W.W. Grainger, Inc.		1,139
	14	Xylem, Inc.		373
				83,257
		Commercial and Professional Services - 0.6%
	16	ADT (The) Corp.		652
	7	Avery Dennison Corp.		319
	8	Cintas Corp.		354
	3	Dun & Bradstreet Corp.		288
	9	Equifax, Inc. ●		532
	13	Iron Mountain, Inc.		335
	15	Pitney Bowes, Inc.		222
	22	Republic Services, Inc.		756
	10	Robert Half International, Inc.		347
	6	Stericycle, Inc. ●		711
	35	Tyco International Ltd.		1,144
	33	Waste Management, Inc.		1,326
				6,986
		Consumer Durables and Apparel - 1.2%
	21	Coach, Inc.		1,202
	21	D.R. Horton, Inc.		446
	4	Fossil Group, Inc. ●		413
	8	Garmin Ltd.		297
	5	Harman International Industries, Inc.		274
	9	Hasbro, Inc.		387
	11	Leggett & Platt, Inc.		331
	12	Lennar Corp.		448
	26	Mattel, Inc.		1,173
	22	Newell Rubbermaid, Inc.		566
	54	NIKE, Inc. Class B		3,455
	26	Pulte Group, Inc. ●		485
	6	PVH Corp.		763
	5	Ralph Lauren Corp.		788
	7	V.F. Corp.		1,259
	6	Whirlpool Corp.		682
				12,969
		Consumer Services - 1.8%
	33	Carnival Corp.		1,141
	2	Chipotle Mexican Grill, Inc. ●		860
	10	Darden Restaurants, Inc.		492
	20	H & R Block, Inc.		567
	20	International Game Technology		326
	18	Marriott International, Inc. Class A		726
	75	McDonald's Corp.		7,433
	56	Starbucks Corp.		3,676
	15	Starwood Hotels & Resorts, Inc.		921
	10	Wyndham Worldwide Corp.		583
	6	Wynn Resorts Ltd.		765
	34	Yum! Brands, Inc.		2,338
				19,828
		Diversified Financials - 6.9%
	72	American Express Co.		5,351
	15	Ameriprise Financial, Inc.		1,225
	808	Bank of America Corp.		10,386
	87	Bank of New York Mellon Corp.		2,440
	9	BlackRock, Inc.		2,393
	44	Capital One Financial Corp.		2,747

The accompanying notes are an integral part of these financial statements.

4

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.1% - (continued)
		Diversified Financials - 6.9% - (continued)
	82	Charles Schwab Corp.	$	1,750
	228	Citigroup, Inc.		10,937
	23	CME Group, Inc.		1,747
	37	Discover Financial Services, Inc.		1,749
	22	E*Trade Financial Corp. ●		272
	10	Franklin Resources, Inc.		1,409
	32	Goldman Sachs Group, Inc.		4,878
	5	IntercontinentalExchange, Inc. ●		974
	33	Invesco Ltd.		1,058
	283	JP Morgan Chase & Co.		14,945
	8	Legg Mason, Inc.		260
	22	Leucadia National Corp.		580
	15	Moody's Corp.		884
	103	Morgan Stanley		2,511
	9	Nasdaq OMX Group, Inc.		290
	16	Northern Trust Corp.		945
	18	NYSE Euronext		753
	33	SLM Corp.		760
	34	State Street Corp.		2,225
	19	T. Rowe Price Group, Inc.		1,420
				74,889
		Energy - 10.4%
	38	Anadarko Petroleum Corp.		3,224
	29	Apache Corp.		2,461
	33	Baker Hughes, Inc.		1,528
	16	Cabot Oil & Gas Corp.		1,121
	19	Cameron International Corp. ●		1,134
	39	Chesapeake Energy Corp.		793
	145	Chevron Corp.		17,191
	92	ConocoPhillips Holding Co.		5,543
	17	Consol Energy, Inc.		466
	28	Denbury Resources, Inc. ●		485
	28	Devon Energy Corp.		1,466
	5	Diamond Offshore Drilling, Inc.		360
	18	Ensco plc		1,017
	20	EOG Resources, Inc.		2,690
	11	EQT Corp.		892
	333	Exxon Mobil Corp.		30,098
	18	FMC Technologies, Inc. ●		991
	70	Halliburton Co.		2,912
	8	Helmerich & Payne, Inc.		499
	22	Hess Corp.		1,486
	47	Kinder Morgan, Inc.		1,805
	53	Marathon Oil Corp.		1,837
	24	Marathon Petroleum Corp.		1,726
	14	Murphy Oil Corp.		826
	22	Nabors Industries Ltd.		337
	32	National Oilwell Varco, Inc.		2,207
	10	Newfield Exploration Co. ●		242
	19	Noble Corp.		714
	27	Noble Energy, Inc.		1,616
	60	Occidental Petroleum Corp.		5,387
	20	Peabody Energy Corp.		296
	46	Phillips 66		2,734
	10	Pioneer Natural Resources Co.		1,482
	13	QEP Resources, Inc.		373
	12	Range Resources Corp.		944
	9	Rowan Cos. plc Class A ●		317
	100	Schlumberger Ltd.		7,135
	26	Southwestern Energy Co. ●		963
	50	Spectra Energy Corp.		1,729
	10	Tesoro Corp.		532
	41	Valero Energy Corp.		1,422
	51	Williams Cos., Inc.		1,661
	15	WPX Energy, Inc. ●		284
				112,926
		Food and Staples Retailing - 2.4%
	33	Costco Wholesale Corp.		3,614
	92	CVS Caremark Corp.		5,246
	39	Kroger (The) Co.		1,346
	18	Safeway, Inc.		427
	44	Sysco Corp.		1,520
	65	Walgreen Co.		2,853
	123	Wal-Mart Stores, Inc.		9,145
	26	Whole Foods Market, Inc.		1,329
				25,480
		Food, Beverage and Tobacco - 5.7%
	150	Altria Group, Inc.		5,266
	49	Archer-Daniels Midland Co.		1,674
	12	Beam, Inc.		760
	11	Brown-Forman Corp.		769
	13	Campbell Soup Co.		600
	287	Coca-Cola Co.		11,507
	19	Coca-Cola Enterprises, Inc.		677
	31	ConAgra Foods, Inc.		1,089
	12	Constellation Brands, Inc. Class A ●		599
	15	Dr. Pepper Snapple Group		703
	48	General Mills, Inc.		2,346
	11	Hershey Co.		1,002
	10	Hormel Foods Corp.		392
	8	J.M. Smucker Co.		831
	19	Kellogg Co.		1,224
	45	Kraft Foods Group, Inc.		2,489
	28	Lorillard, Inc.		1,236
	10	McCormick & Co., Inc.		698
	15	Mead Johnson Nutrition Co.		1,201
	12	Molson Coors Brewing Co.		564
	134	Mondelez International, Inc.		3,812
	11	Monster Beverage Corp. ●		656
	116	PepsiCo, Inc.		9,472
	122	Philip Morris International, Inc.		10,609
	24	Reynolds American, Inc.		1,152
	21	Tyson Foods, Inc. Class A		547
				61,875
		Health Care Equipment and Services - 4.2%
	117	Abbott Laboratories		4,072
	28	Aetna, Inc.		1,797
	17	AmerisourceBergen Corp.		966
	6	Bard (C.R.), Inc.		610
	41	Baxter International, Inc.		2,814
	15	Becton, Dickinson & Co.		1,438
	101	Boston Scientific Corp. ●		936
	26	Cardinal Health, Inc.		1,210
	16	CareFusion Corp. ●		608
	11	Cerner Corp. ●		1,053
	21	CIGNA Corp.		1,548
	35	Covidien plc		2,216
	6	DaVita HealthCare Partners, Inc. ●		763
	11	Dentsply International, Inc.		440

The accompanying notes are an integral part of these financial statements.

5

Hartford Index HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.1% - (continued)
		Health Care Equipment and Services - 4.2% - (continued)
	8	Edwards Lifesciences Corp. ●	$	568
	61	Express Scripts Holding Co. ●		3,771
	12	Humana, Inc.		1,000
	3	Intuitive Surgical, Inc. ●		1,521
	7	Laboratory Corp. of America Holdings ●		695
	17	McKesson Corp.		1,943
	76	Medtronic, Inc.		3,902
	6	Patterson Cos., Inc.		235
	12	Quest Diagnostics, Inc.		717
	21	St. Jude Medical, Inc.		967
	21	Stryker Corp.		1,390
	8	Tenet Healthcare Corp. ●		358
	76	UnitedHealth Group, Inc.		5,000
	8	Varian Medical Systems, Inc. ●		550
	23	Wellpoint, Inc.		1,842
	13	Zimmer Holdings, Inc.		944
				45,874
		Household and Personal Products - 2.3%
	32	Avon Products, Inc.		683
	10	Clorox Co.		822
	66	Colgate-Palmolive Co.		3,765
	18	Estee Lauder Co., Inc.		1,185
	29	Kimberly-Clark Corp.		2,802
	205	Procter & Gamble Co.		15,809
				25,066
		Insurance - 4.4%
	26	ACE Ltd.		2,309
	37	Aflac, Inc.		2,138
	36	Allstate Corp.		1,716
	112	American International Group, Inc. ●		5,014
	23	Aon plc		1,489
	6	Assurant, Inc.		296
	139	Berkshire Hathaway, Inc. Class B ●		15,518
	20	Chubb Corp.		1,668
	11	Cincinnati Financial Corp.		510
	38	Genworth Financial, Inc. ●		428
	21	Lincoln National Corp.		771
	23	Loews Corp.		1,038
	41	Marsh & McLennan Cos., Inc.		1,647
	86	MetLife, Inc.		3,951
	22	Principal Financial Group, Inc.		816
	42	Progressive Corp.		1,071
	37	Prudential Financial, Inc.		2,679
	7	Torchmark Corp.		474
	29	Travelers Cos., Inc.		2,286
	21	Unum Group		618
	22	XL Group plc		669
				47,106
		Materials - 3.2%
	16	Air Products & Chemicals, Inc.		1,428
	5	Airgas, Inc.		470
	80	Alcoa, Inc.		627
	8	Allegheny Technologies, Inc.		214
	11	Ball Corp.		464
	8	Bemis Co., Inc.		300
	4	CF Industries Holdings, Inc.		756
	11	Cliff's Natural Resources, Inc.		186
	91	Dow Chemical Co.		2,916
	69	E.I. DuPont de Nemours & Co.		3,622
	12	Eastman Chemical Co.		813
	20	Ecolab, Inc.		1,703
	10	FMC Corp.		623
	78	Freeport-McMoRan Copper & Gold, Inc.		2,148
	6	International Flavors & Fragrances, Inc.		460
	33	International Paper Co.		1,479
	29	LyondellBasell Industries Class A		1,888
	13	MeadWestvaco Corp.		451
	40	Monsanto Co.		3,946
	21	Mosaic Co.		1,114
	37	Newmont Mining Corp.		1,116
	24	Nucor Corp.		1,031
	12	Owens-Illinois, Inc. ●		342
	11	PPG Industries, Inc.		1,571
	22	Praxair, Inc.		2,555
	15	Sealed Air Corp.		350
	6	Sherwin-Williams Co.		1,132
	9	Sigma-Aldrich Corp.		728
	11	United States Steel Corp.		190
	10	Vulcan Materials Co.		473
				35,096
		Media - 3.8%
	16	Cablevision Systems Corp.		273
	43	CBS Corp. Class B		2,091
	197	Comcast Corp. Class A		8,260
	42	DirecTV ●		2,575
	18	Discovery Communications, Inc. ●		1,418
	17	Gannett Co., Inc.		418
	32	Interpublic Group of Cos., Inc.		466
	21	McGraw Hill Financial, Inc.		1,093
	149	News Corp. Class A		4,862
	19	Omnicom Group, Inc.		1,220
	6	Scripps Networks Interactive Class A		428
	22	Time Warner Cable, Inc.		2,451
	70	Time Warner, Inc.		4,035
	33	Viacom, Inc. Class B		2,275
	135	Walt Disney Co.		8,520
	—	Washington Post Co. Class B		165
				40,550
		Pharmaceuticals, Biotechnology and Life Sciences - 8.4%
	119	Abbvie Inc.		4,905
	10	Actavis, Inc. ●		1,211
	26	Agilent Technologies, Inc.		1,105
	15	Alexion Pharmaceuticals, Inc. ●		1,347
	22	Allergan, Inc.		1,868
	56	Amgen, Inc.		5,546
	18	Biogen Idec, Inc. ●		3,822
	123	Bristol-Myers Squibb Co.		5,501
	31	Celgene Corp. ●		3,648
	74	Eli Lilly & Co.		3,646
	18	Forest Laboratories, Inc. ●		721
	114	Gilead Sciences, Inc. ●		5,849
	12	Hospira, Inc. ●		473
	210	Johnson & Johnson		18,065
	13	Life Technologies Corp. ●		956
	226	Merck & Co., Inc.		10,506
	29	Mylan, Inc. ●		886
	8	PerkinElmer, Inc.		273
	7	Perrigo Co.		796
	500	Pfizer, Inc.		14,003
	6	Regeneron Pharmaceuticals, Inc. ●		1,282

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.1% - (continued)
		Pharmaceuticals, Biotechnology and Life Sciences - 8.4% - (continued)
	27	Thermo Fisher Scientific, Inc.	$	2,276
	6	Waters Corp. ●		640
	38	Zoetis, Inc.		1,158
				90,483
		Real Estate - 2.1%
	30	American Tower Corp. REIT		2,171
	11	Apartment Investment & Management Co.
		Class A REIT		327
	9	AvalonBay Communities, Inc. REIT		1,231
	11	Boston Properties, Inc. REIT		1,202
	23	CBRE Group, Inc. ●		531
	24	Equity Residential Properties Trust REIT		1,396
	34	HCP, Inc. REIT		1,547
	21	Health Care, Inc. REIT		1,426
	56	Host Hotels & Resorts, Inc. REIT		942
	31	Kimco Realty Corp. REIT		655
	10	Macerich Co. REIT		628
	12	Plum Creek Timber Co., Inc. REIT		568
	37	ProLogis L.P. REIT		1,409
	11	Public Storage REIT		1,651
	23	Simon Property Group, Inc. REIT		3,678
	22	Ventas, Inc. REIT		1,523
	13	Vornado Realty Trust REIT		1,057
	43	Weyerhaeuser Co. REIT		1,233
				23,175
		Retailing - 4.4%
	6	Abercrombie & Fitch Co. Class A		267
	27	Amazon.com, Inc. ●		7,568
	3	AutoNation, Inc. ●		124
	3	AutoZone, Inc. ●		1,149
	16	Bed Bath & Beyond, Inc. ●		1,159
	20	Best Buy Co., Inc.		549
	17	CarMax, Inc. ●		777
	23	Dollar General Corp. ●		1,140
	17	Dollar Tree, Inc. ●		854
	7	Expedia, Inc.		422
	7	Family Dollar Stores, Inc.		443
	9	GameStop Corp. Class A		373
	22	Gap, Inc.		907
	12	Genuine Parts Co.		909
	109	Home Depot, Inc.		8,480
	11	J. C. Penney Co., Inc. ●		183
	15	Kohl's Corp.		772
	18	L Brands Inc.		887
	80	Lowe's Cos., Inc.		3,287
	29	Macy's, Inc.		1,378
	4	Netflix, Inc. ●		884
	11	Nordstrom, Inc.		668
	8	O'Reilly Automotive, Inc. ●		935
	8	PetSmart, Inc.		516
	4	Priceline.com, Inc. ●		3,192
	16	Ross Stores, Inc.		1,066
	50	Staples, Inc.		788
	48	Target Corp.		3,309
	9	Tiffany & Co.		655
	54	TJX Cos., Inc.		2,699
	8	TripAdvisor, Inc. ●		501
	8	Urban Outfitters, Inc. ●		330
				47,171
		Semiconductors and Semiconductor Equipment - 2.1%
	46	Advanced Micro Devices, Inc. ●		186
	24	Altera Corp.		793
	23	Analog Devices, Inc.		1,038
	90	Applied Materials, Inc.		1,341
	39	Broadcom Corp. Class A		1,329
	5	First Solar, Inc. ●		222
	372	Intel Corp.		9,020
	12	KLA-Tencor Corp.		691
	12	Lam Research Corp. ●		540
	17	Linear Technology Corp.		643
	41	LSI Corp. ●		294
	15	Microchip Technology, Inc.		550
	77	Micron Technology, Inc. ●		1,106
	43	NVIDIA Corp.		608
	14	Teradyne, Inc. ●		252
	83	Texas Instruments, Inc.		2,896
	20	Xilinx, Inc.		781
				22,290
		Software and Services - 9.4%
	49	Accenture plc		3,502
	38	Adobe Systems, Inc. ●		1,715
	13	Akamai Technologies, Inc. ●		567
	17	Autodesk, Inc. ●		573
	36	Automatic Data Processing, Inc.		2,504
	10	BMC Software, Inc. ●		446
	25	CA, Inc.		712
	14	Citrix Systems, Inc. ●		845
	23	Cognizant Technology Solutions Corp. ●		1,413
	11	Computer Sciences Corp.		490
	87	eBay, Inc. ●		4,524
	23	Electronic Arts, Inc. ●		522
	22	Fidelity National Information Services, Inc.		939
	10	Fiserv, Inc. ●		871
	20	Google, Inc. ●		17,702
	78	IBM Corp.		14,922
	21	Intuit, Inc.		1,274
	8	Mastercard, Inc.		4,512
	563	Microsoft Corp.		19,441
	275	Oracle Corp.		8,454
	24	Paychex, Inc.		886
	14	Red Hat, Inc. ●		679
	21	SAIC, Inc.		297
	41	Salesforce.com, Inc. ●		1,551
	52	Symantec Corp.		1,172
	12	Teradata Corp. ●		616
	12	Total System Services, Inc.		295
	11	VeriSign, Inc. ●		506
	38	Visa, Inc.		6,933
	42	Western Union Co.		714
	71	Yahoo!, Inc. ●		1,792
				101,369
		Technology Hardware and Equipment - 6.2%
	12	Amphenol Corp. Class A		929
	70	Apple, Inc.		27,853
	400	Cisco Systems, Inc.		9,732
	110	Corning, Inc.		1,572

The accompanying notes are an integral part of these financial statements.

7

Hartford Index HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
COMMON STOCKS - 99.1% - (continued)
		Technology Hardware and Equipment - 6.2% - (continued)
	110	Dell, Inc.			$	1,467
	157	EMC Corp.				3,718
	6	F5 Networks, Inc. ●				407
	11	FLIR Systems, Inc.				288
	8	Harris Corp.				404
	145	Hewlett-Packard Co.				3,584
	14	Jabil Circuit, Inc.				282
	18	JDS Uniphase Corp. ●				255
	38	Juniper Networks, Inc. ●				732
	10	Molex, Inc.				305
	20	Motorola Solutions, Inc.				1,173
	27	NetApp, Inc. ●				1,019
	129	Qualcomm, Inc.				7,905
	18	SanDisk Corp. ●				1,115
	24	Seagate Technology plc				1,071
	31	TE Connectivity Ltd.				1,419
	16	Western Digital Corp.				990
	92	Xerox Corp.				835
						67,055
		Telecommunication Services - 2.8%
	403	AT&T, Inc.				14,267
	46	CenturyLink, Inc.				1,614
	22	Crown Castle International Corp. ●				1,593
	75	Frontier Communications Co.				303
	226	Sprint Nextel Corp. ●				1,587
	214	Verizon Communications, Inc.				10,787
	44	Windstream Corp.				343
						30,494
		Transportation - 1.7%
	12	C.H. Robinson Worldwide, Inc.				677
	77	CSX Corp.				1,776
	15	Expeditors International of Washington, Inc.				587
	22	FedEx Corp.				2,173
	8	Kansas City Southern				879
	24	Norfolk Southern Corp.				1,713
	4	Ryder System, Inc.				235
	54	Southwest Airlines Co.				697
	35	Union Pacific Corp.				5,390
	53	United Parcel Service, Inc. Class B				4,604
						18,731
		Utilities - 3.3%
	46	AES (The) Corp.				557
	9	AGL Resources, Inc.				380
	18	Ameren Corp.				626
	36	American Electric Power Co., Inc.				1,630
	32	CenterPoint Energy, Inc.				754
	20	CMS Energy Corp.				540
	22	Consolidated Edison, Inc.				1,278
	43	Dominion Resources, Inc.				2,460
	13	DTE Energy Co.				872
	53	Duke Energy Corp.				3,566
	24	Edison International				1,176
	13	Entergy Corp.				930
	64	Exelon Corp.				1,978
	31	FirstEnergy Corp.				1,171
	6	Integrys Energy Group, Inc.				349
	32	NextEra Energy, Inc.				2,593
	23	NiSource, Inc.				670
	24	Northeast Utilities				992
	24	NRG Energy, Inc.				644
	15	Oneok, Inc.				638
	19	Pepco Holdings, Inc.				375
	33	PG&E Corp.				1,514
	8	Pinnacle West Capital Corp.				457
	44	PPL Corp.				1,343
	38	Public Service Enterprise Group, Inc.				1,239
	10	SCANA Corp.				514
	17	Sempra Energy				1,383
	65	Southern Co.				2,876
	15	TECO Energy, Inc.				263
	17	Wisconsin Energy Corp.				702
	37	Xcel Energy, Inc.				1,057
						35,527
		Total common stocks
		(cost $752,841)			$	1,071,882
		Total long-term investments
		(cost $752,841)			$	1,071,882
SHORT-TERM INVESTMENTS - 1.0%
	Repurchase Agreements - 1.0%
		UBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $10,356, collateralized by U.S. Treasury Bill 0.11%, 2017, U.S. Treasury Bond 2.88%, 2043, U.S. Treasury Note 0.25% - 4.25%, 2014 - 2016, value of $10,563)
$	10,356	0.10%, 6/28/2013			$	10,356
	U.S. Treasury Bills - 0.0%
	850	0.03%, 08/01/2013   □○			$	850
		Total short-term investments
		(cost $11,206)			$	11,206
		Total investments
		(cost $764,047) ▲	100.1	%	$	1,083,088
		Other assets and liabilities	(0.1	)%		(1,010	)
		Total net assets	100.0	%	$	1,082,078

The accompanying notes are an integral part of these financial statements.

8

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $807,774 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	381,143
Unrealized Depreciation		(105,829	)
Net Unrealized Appreciation	$	275,314

● Non-income producing.

○ The interest rate disclosed for these securities represents the effective yield on the date of the acquisition.

□ This security, or a portion of this security, is pledged as initial margin deposit and collateral for daily variation margin loss on open futures contracts held at June 30, 2013 as listed in the table below:

Futures Contracts Outstanding at June 30, 2013
Description	Number of Contracts*		Expiration Date	Notional Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
Long position contracts:
S&P 500 Futures		31	09/19/2013	$	12,408	$	12,395	$	(13	)

* The number of contracts does not omit 000's.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Index Abbreviations:
S&P	Standard & Poors
Other Abbreviations:
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

9

Hartford Index HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	1,071,882	$	1,071,882	$	–	$	–
Short-Term Investments		11,206		–		11,206		–
Total	$	1,083,088	$	1,071,882	$	11,206	$	–
Liabilities:
Futures *		13		13		–		–
Total	$	13	$	13	$	–	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

The accompanying notes are an integral part of these financial statements.

10

Hartford Index HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $764,047)	$	1,083,088
Cash		1
Receivables:
Investment securities sold		134
Fund shares sold		446
Dividends and interest		1,326
Variation margin		1
Other assets		3
Total assets		1,084,999
Liabilities:
Payables:
Investment securities purchased		63
Fund shares redeemed		2,675
Variation margin		59
Investment management fees		53
Distribution fees		15
Accrued expenses		56
Total liabilities		2,921
Net assets	$	1,082,078
Summary of Net Assets:
Capital stock and paid-in-capital	$	791,631
Undistributed net investment income		9,995
Accumulated net realized loss		(38,576	)
Unrealized appreciation of investments		319,028
Net assets	$	1,082,078
Shares authorized		4,000,000
Par value	$	0.001
Class IA: Net asset value per share	$	33.74
Shares outstanding		21,492
Net assets	$	725,159
Class IB: Net asset value per share	$	33.55
Shares outstanding		10,640
Net assets	$	356,919

The accompanying notes are an integral part of these financial statements.

11

Hartford Index HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	11,350
Interest		4
Less: Foreign tax withheld		(4	)
Total investment income, net		11,350
Expenses:
Investment management fees		1,597
Distribution fees - Class IB		425
Custodian fees		5
Accounting services fees		53
Board of Directors' fees		12
Audit fees		8
Other expenses		76
Total expenses		2,176
Net Investment Income		9,174
Net Realized Gain on Investments and Other Financial Instruments:
Net realized gain on investments		6,625
Net realized gain on futures		1,494
Net Realized Gain on Investments and Other Financial Instruments		8,119
Net Changes in Unrealized Appreciation of Investments and Other Financial Instruments:
Net unrealized appreciation of investments		116,756
Net unrealized depreciation of futures		(12	)
Net Changes in Unrealized Appreciation of Investments and Other Financial Instruments		116,744
Net Gain on Investments and Other Financial Instruments		124,863
Net Increase in Net Assets Resulting from Operations	$	134,037

The accompanying notes are an integral part of these financial statements.

12

Hartford Index HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	9,174		$	18,994
Net realized gain on investments and other financial instruments		8,119			8,922
Net unrealized appreciation of investments and other financial instruments		116,744			111,762
Net Increase in Net Assets Resulting from Operations		134,037			139,678
Distributions to Shareholders:
From net investment income
Class IA		—			(13,809	)
Class IB		—			(5,486	)
Total distributions		—			(19,295	)
Capital Share Transactions:
Class IA
Sold		27,170			67,728
Issued on reinvestment of distributions		—			13,809
Redeemed		(86,032	)		(150,607	)
Total capital share transactions		(58,862	)		(69,070	)
Class IB
Sold		58,468			138,040
Issued on reinvestment of distributions		—			5,486
Redeemed		(50,480	)		(101,658	)
Total capital share transactions		7,988			41,868
Net decrease from capital share transactions		(50,874	)		(27,202	)
Net Increase in Net Assets		83,163			93,181
Net Assets:
Beginning of period		998,915			905,734
End of period	$	1,082,078		$	998,915
Undistributed (distribution in excess of) net investment income	$	9,995		$	821
Shares:
Class IA
Sold		836			2,335
Issued on reinvestment of distributions		—			467
Redeemed		(2,644	)		(5,199	)
Total share activity		(1,808	)		(2,397	)
Class IB
Sold		1,804			4,800
Issued on reinvestment of distributions		—			186
Redeemed		(1,554	)		(3,505	)
Total share activity		250			1,481

The accompanying notes are an integral part of these financial statements.

13

Hartford Index HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Index HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company's Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund's portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

14

Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days.

Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant exchange as of the NYSE Close. In the case of OTC options and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation

15

Hartford Index HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These

16

differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Futures Contracts – The Fund may enter into futures contracts. A futures contract is an agreement between two parties to buy or sell an asset at a set price on a future date. The Fund uses futures contracts to manage or obtain exposure to the investment markets, commodities, or movements in interest rates and currency values. The primary risks associated with the use of futures contracts are the imperfect correlation between the change in market value of the investments held by the Fund and the prices of futures contracts and the possibility of an illiquid market. Upon entering into a futures contract, the Fund is required to deposit with a futures commission merchant (“FCM”) an amount of cash or U.S. Government or Agency Obligations in accordance with the initial margin requirements of the broker or exchange. Futures contracts are marked to market daily at the most recent settlement price reported by an exchange on which, over time, they are traded most extensively, and an appropriate payable or receivable for the change in value (“variation margin”) is recorded by the Fund. Gains or losses are recognized but not considered realized until the contracts expire or are closed. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed on the Statement of Assets and Liabilities; however, the Fund seeks to reduce this risk through the use of an FCM. The Fund, as shown on the  Schedule of Investments, had outstanding futures contracts as of June 30, 2013.

17

Hartford Index HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)               

(000’s Omitted)

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Variation margin receivable *	$	—	$	—	$	—	$	1	$	—	$	—	$	1
Total	$	—	$	—	$	—	$	1	$	—	$	—	$	1
Liabilities:
Variation margin payable *	$	—	$	—	$	—	$	59	$	—	$	—	$	59
Total	$	—	$	—	$	—	$	59	$	—	$	—	$	59

* Only current day's variation margin is reported within the Statement of Assets and Liabilities. The variation margin is included in the open futures cumulative depreciation of $(13) as reported in the Schedule of Investments.

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts			Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on futures	$	—	$	—	$	—	$	1,494		$	—	$	—	$	1,494
Total	$	—	$	—	$	—	$	1,494		$	—	$	—	$	1,494
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of futures	$	—	$	—	$	—	$	(12	)	$	—	$	—	$	(12	)
Total	$	—	$	—	$	—	$	(12	)	$	—	$	—	$	(12	)

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

18

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Futures contracts - Variation margin receivable	$	1	$	—	$	1	$	—	$	—		$	1
Repurchase Agreements		10,356		—		10,356		—		(10,563	)		—
Total subject to a master netting or similar arrangement	$	10,357	$	—	$	10,357	$	—	$	(10,563	)	$	1

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Pledged			Net Amount (not less than 0)
Futures – Variation margin payable	$	59	$	—	$	59	$	—	$	(850	)	$	—
Total subject to a master netting or similar arrangement	$	59	$	—	$	59	$	—	$	(850	)	$	—

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

19

Hartford Index HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	19,295	$	15,474

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	821
Accumulated Capital and Other Losses*		(2,969	)
Unrealized Appreciation†		158,558
Total Accumulated Earnings	$	156,410

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(329	)
Accumulated Net Realized Gain (Loss)		329

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

20

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	2,969
Total	$	2,969

During the year ended December 31, 2012, the Fund utilized $19,123 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Hartford Investment Management Company (“Hartford Investment Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Hartford Investment Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $2 billion		0.3000%
On next $3 billion		0.2000%
On next $5 billion		0.1800%
Over $10 billion		0.1700%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All Assets		0.010%

21

Hartford Index HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)               

(000’s Omitted)

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

e) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. These fees are accrued daily and paid monthly.

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	11,442
Sales Proceeds Excluding U.S. Government Obligations		55,202

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. In addition, the Company, on behalf of the Fund, may enter into contracts that contain a variety of indemnifications. The Company’s maximum exposure

22

under these arrangements is unknown. However, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

a) On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

b) On June 2, 2011, a complaint was filed against Hartford Investment Management Company in the United States District Court of Connecticut (Deutsche Bank Trust Company Americas v. Aetna, Inc., ING Investment Trust Co., Milan E. Chilla, Hartford Investment Management Co., and UBS AG (D. Conn.)). In a similar action, plaintiffs filed a complaint listing Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. as members of the defendant class (The Official Committee of Unsecured Creditors of Tribune Company v. Fitzsimons, et al. (Bankr. D. Del.)). The complaints relate to the bankruptcy of the Tribune Company, which was a public company that repurchased its shares in a leveraged buyout in 2007, but entered bankruptcy a year later. The complaints were served in August 2011. The plaintiffs in each case allege that the repurchase of shares acted as a fraudulent transfer. The plaintiffs in each case seek to recover from each class member the amount of consideration received in the buyout. Each action was recently transferred to the United States District Court for the Southern District of New York. In the Deutsche Bank Trust Company Americas action, the defendants have filed a motion to dismiss, which plaintiffs have opposed. The court in the Deutsche Bank Trust Company Americas action has not yet ruled on the motion. The Official Committee of Unsecured Creditors of Tribune Company action is currently stayed and no responsive pleading has been filed. The Hartford intends to vigorously defend these actions.

23

Hartford Index HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	29.69	$	0.31	$	3.74		$	4.05		$	–		$	–		$	–	$	–		$	33.74
IB		29.56		0.25		3.74			3.99			–			–			–		–			33.55
For the Year Ended December 31, 2012
IA		26.20		0.61		3.48			4.09			(0.60	)		–			–		(0.60	)		29.69
IB		26.09		0.49		3.51			4.00			(0.53	)		–			–		(0.53	)		29.56
For the Year Ended December 31, 2011
IA		26.20		0.52		(0.05	)		0.47			(0.47	)		–			–		(0.47	)		26.20
IB		26.08		0.39		0.03			0.42			(0.41	)		–			–		(0.41	)		26.09
For the Year Ended December 31, 2010
IA		23.22		0.44		2.97			3.41			(0.43	)		–			–		(0.43	)		26.20
IB		23.12		0.34		2.99			3.33			(0.37	)		–			–		(0.37	)		26.08
For the Year Ended December 31, 2009
IA		18.75		0.42		4.48			4.90			(0.42	)		(0.01	)		–		(0.43	)		23.22
IB		18.69		0.35		4.46			4.81			(0.37	)		(0.01	)		–		(0.38	)		23.12
For the Year Ended December 31, 2008
IA		31.54		0.59		(12.16	)		(11.57	)		(0.58	)		(0.64	)		–		(1.22	)		18.75
IB		31.40		0.51		(12.07	)		(11.56	)		(0.51	)		(0.64	)		–		(1.15	)		18.69

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(D) Not annualized.

(E) Annualized.

24

- Ratios and Supplemental Data -

Total Return(B)		Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers		Ratio of Expenses to Average Net Assets After Waivers		Ratio of Net Investment Income (Loss) to Average Net Assets		Portfolio Turnover Rate(C)
13.64	%(D)	$	725,159	0.33	%(E)	0.33	%(E)	1.80	%(E)		1	%
13.48	(D)		356,919	0.58	(E)	0.58	(E)	1.56	(E)		–
15.63			691,786	0.33		0.33		1.98			7
15.34			307,129	0.58		0.58		1.75			–
1.81			673,275	0.33		0.33		1.74			3
1.60			232,459	0.58		0.58		1.51			–
14.73			809,629	0.34		0.34		1.73			4
14.45			209,260	0.59		0.59		1.48			–
26.15			811,634	0.35		0.35		2.00			6
25.81			166,162	0.60		0.60		1.75			–
(37.11	)		718,081	0.32		0.32		2.02			4
(37.27	)		138,014	0.57		0.57		1.77			–

25

Hartford Index HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

26

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

27

Hartford Index HLS Fund

Directors and Officers (Unaudited) – (continued)

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

28

Hartford Index HLS Fund

Expense Example (Unaudited)   

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,136.40	$	1.75	$	1,000.00	$	1,023.16	$	1.66		0.33	%	181	365
Class IB	$	1,000.00	$	1,134.80	$	3.07	$	1,000.00	$	1,021.92	$	2.91		0.58	%	181	365

29

Hartford Index HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Passive Management Risk: The Fund is not actively managed, and will generally remain fully invested even when stock prices are falling.

Index Tracking Risk: The Fund’s performance may not match or correlate to that of its index, which may cause the Fund’s performance to be lower than expected.

S&P Disclosure: "Standard & Poor's," "S&P®," "S&P 500®," "Standard & Poor's," and "500®" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Hartford Life Insurance Company and Hartford Life and Annuity Insurance Company. Investment options are not sponsored, endorsed, sold or promoted by Standard and Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the Investment Options.

30

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-IX13 8-13 113545-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD INTERNATIONAL OPPORTUNITIES HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford International Opportunities HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	9
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	10
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	11
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	12
Notes to Financial Statements (Unaudited)	13
Financial Highlights (Unaudited)	26
Directors and Officers (Unaudited)	28
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	30
Quarterly Portfolio Holdings Information (Unaudited)	30
Expense Example (Unaudited)	31
Principal Risks (Unaudited)	32

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford International Opportunities HLS Fund inception 07/02/1990

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term growth of capital.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
International Opportunities IA		2.96%		15.55%		1.15%		9.66%
International Opportunities IB		2.83%		15.26%		0.90%		9.39%
MSCI All Country World ex USA Index		0.27%		14.14%		-0.34%		9.09%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

MSCI All Country World ex USA 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.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.74% and 0.99%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford International Opportunities HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Nicolas M. Choumenkovitch	Tara Connolly Stilwell, CFA
Senior Vice President and Equity Portfolio Manager	Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA of the Hartford International Opportunities HLS Fund returned 2.96% for the six-month period ended June 30, 2013, outperforming its benchmark, the MSCI All Country World ex USA Index, which returned 0.27% for the same period. The Fund also outperformed the 2.27% average return of the Variable Products-Underlying Funds Lipper International Growth Fund peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Global equities (+6.4%), as measured by the MSCI All Country World Index, gained during the six-month period. Favorable global liquidity dynamics and accommodative monetary policy from central banks around the globe provided a tailwind for stocks, helping investors to look past slowing growth and an increase in lending rates in China. Following a dramatic shift in monetary policy by the Bank of Japan to more aggressive management of a 2% inflation target, Japanese equities soared. U.S. equities also outperformed global indexes, as the U.S. economy appeared relatively stable compared to other countries. Although investors initially reacted negatively to news in May that the Federal Reserve (Fed) might slow its bond-buying program sooner than expected, U.S. equities recovered toward the end of the quarter. Signs of strength in Germany and France partially offset concerns elsewhere in the eurozone. Ongoing European sovereign-debt issues weighed on investors in Greece and Spain. Political unrest in Turkey, Egypt, and Brazil contributed to declines in emerging markets.

Non-U.S. stocks, as measured by the MSCI All Country World ex USA Index, were roughly flat for the period (+0.3%). Eight of the ten sectors in the benchmark posted positive returns, led by Health Care (+13%), Consumer Discretionary (+10%), and Telecommunication Services (+6%), while Materials (-19%) and Energy (-8%) lagged on a relative basis.

The Fund’s outperformance versus its benchmark was primarily due to strong stock selection, particularly within Financials, Materials, and Industrials. This was modestly offset by weaker selection in Consumer Staples and Utilities. Allocation among sectors, a result of the bottom-up stock selection process, also contributed to positive relative returns, largely due to underweight positions (i.e. the Fund’s sector position was less than the benchmark position) in Materials and Energy.

Top contributors to absolute and benchmark-relative performance during the period included Roche (Health Care), Rolls-Royce (Industrials), and MUFG (Financials). Shares of Roche, a Swiss-based global health care company, outperformed as investors became positive on the company's near-term product roll out and future drug pipeline as eleven of fourteen Phase III trials delivered positive results in 2012. Shares of Rolls-Royce, U.K.-based manufacturer of engines and power systems for aircraft, particularly those used for long haul routes, rose as the stock outperformed in the first quarter as investors appreciated the company's steady and visible generation of cash flow. Shares of MUFG, a Japan-based bank, climbed during the period supported by the recovery in the Japanese economy and the improved conditions of its customers who benefit from a weaker yen.

The largest detractors from absolute and benchmark-relative returns were FANUC (Industrials), SABESP (Utilities), and ArcelorMittal (Materials). Shares of FANUC, a Japan-based manufacturer of factory automation machinery, underperformed during the period as the company was not a direct beneficiary of the weakening yen. Additionally, the weakening economic activity in China and the company's exposure to Apple contributed to the stock’s underperformance. Shares of SABESP, a Brazilian water utility company, underperformed as the market became concerned about the sustainability of tariffs in the wake of massive protests throughout Brazil. Shares of ArcelorMittal, a multinational steel manufacturing corporation, underperformed as global economic activity was weaker than expected coupled with excess capacity in the steel sector.

What is the outlook?

At a macro level, we continue to see signs of economic improvement in the developed world, which we expect to remain in a low growth environment and with low interest rates for a while longer. We believe this low growth environment could drive consolidation, and we are working to identify companies with the potential to surprise on the upside and where we see the potential for better capital discipline and improved industry structure. While we believe the risk of a sharp economic decline is reduced, we strive to maintain a well-balanced portfolio with investments that represent diverse economic drivers.

3

Hartford International Opportunities HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

As is consistent with the investment approach, we continue to look for opportunities at a company-by-company level, focusing on those companies which can deliver improvements in ROIC (return on invested capital) or sustain ROIC for longer than the market anticipates.

At the end of the period, relative to the benchmark we were most overweight Health Care, Industrials and Utilities, and most underweight Energy, Telecommunication Services and Materials. On a regional basis, we ended the period with an overweight to select European countries, including France, Belgium and Italy, and underweight positions in Australia, Canada, South Korea and Germany.

Diversification by Industry
as of June 30, 2013
Industry (Sector)	Percentage of Net Assets
Automobiles and Components (Consumer Discretionary)		3.5	%
Banks (Financials)		7.2
Capital Goods (Industrials)		10.5
Commercial and Professional Services (Industrials)		0.2
Consumer Durables and Apparel (Consumer Discretionary)		1.1
Consumer Services (Consumer Discretionary)		3.8
Diversified Financials (Financials)		4.8
Energy (Energy)		4.9
Food and Staples Retailing (Consumer Staples)		1.9
Food, Beverage and Tobacco (Consumer Staples)		8.5
Health Care Equipment and Services (Health Care)		2.4
Insurance (Financials)		8.2
Materials (Materials)		6.5
Media (Consumer Discretionary)		1.3
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		9.7
Real Estate (Financials)		5.3
Retailing (Consumer Discretionary)		2.0
Semiconductors and Semiconductor Equipment (Information Technology)		3.5
Software and Services (Information Technology)		0.4
Technology Hardware and Equipment (Information Technology)		1.4
Telecommunication Services (Services)		2.1
Transportation (Industrials)		2.9
Utilities (Utilities)		5.7
Short-Term Investments		2.3
Other Assets and Liabilities		(0.1	)
Total		100.0	%

Currency Concentration of Securities
as of June 30, 2013
	Percentage of
Description	Net Assets
Australian Dollar		0.4	%
Brazilian Real		0.3
British Pound		16.7
Canadian Dollar		4.2
Euro		31.0
Hong Kong Dollar		7.1
Indian Rupee		0.8
Japanese Yen		20.1
Malaysian Ringgit		0.3
Mexican New Peso		0.6
Norwegian Krone		0.5
Republic of Korea Won		0.5
Swedish Krona		1.4
Swiss Franc		8.7
Taiwanese Dollar		1.7
United States Dollar		5.8
Other Assets and Liabilities		(0.1	)
Total		100.0	%

4

Hartford International Opportunities HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.1%
		Australia - 0.4%
	592	Westfield Group REIT	$	6,201
		Austria - 0.6%
	327	Erste Group Bank AG		8,703
		Belgium - 4.2%
	501	Anheuser-Busch InBev N.V.		45,063
	396	Umicore S.A.		16,440
				61,503
		Brazil - 1.1%
	1,126	Cia de Saneamento Basico do Estado de Sao Paulo ADR		11,721
	279	Mills Estruturas e Servicos de Engenharia S.A.		3,777
				15,498
		Canada - 4.2%
	333	Canadian National Railway Co.		32,442
	118	MEG Energy Corp. ●		3,243
	245	Suncor Energy, Inc.		7,233
	328	Tim Hortons, Inc.		17,766
				60,684
		China - 3.8%
	12,547	China Construction Bank		8,817
	5,361	China Pacific Insurance Co., Ltd.		16,995
	1,180	ENN Energy Holdings Ltd.		6,250
	17,300	Lenovo Group Ltd.		15,572
	1,900	Shandong Weigao Group Medical Polymer Co., Ltd.		2,070
	1,070	Sinopharm Medicine Holding Co., Ltd.		2,675
	2,135	Zhongsheng Group Holdings Ltd.		2,343
				54,722
		Cyprus - 0.0%
	21	QIWI plc ADR		478
		Finland - 0.8%
	154	Kone Oyj Class B		12,220
		France - 15.1%
	406	Accor S.A.		14,287
	273	Air Liquide		33,705
	1,752	AXA S.A.		34,543
	542	BNP Paribas		29,653
	106	Bureau Veritas S.A.		2,744
	159	Cie Generale d'Optique Essilor International S.A.		16,937
	884	Rexel S.A.		19,924
	240	Safran S.A.		12,523
	218	Sanofi-Aventis S.A.		22,587
	206	Schneider Electric S.A.		14,951
	81	Unibail Rodamco REIT		18,857
				220,711
		Germany - 2.6%
	56	Brenntag AG		8,584
	97	Continental AG		12,915
	328	Deutsche Wohnen AG		5,565
	175	Lanxess		10,561
				37,625
		Hong Kong - 3.3%
	3,603	AIA Group Ltd.		15,180
	3,153	Kunlun Energy Co., Ltd.		5,565
	1,308	Link (The) REIT		6,417
	5,231	MGM China Holdings Ltd.		13,880
	1,202	Shanghai Fosun Pharmaceutical Co., Ltd. ●		1,951
	985	Shangri-La Asia Ltd.		1,694
	7,880	Skyworth Digital Holdings Ltd.		3,956
				48,643
		India - 0.8%
	1,577	ITC Ltd.		8,581
	84	United Spirits Ltd.		3,060
				11,641
		Ireland - 0.6%
	457	CRH plc		9,280
		Italy - 3.7%
	276	Banca Generali S.p.A.		5,942
	3,236	Intesa Sanpaolo		5,179
	1,260	Mediaset S.p.A.		4,745
	8,342	Snam S.p.A.		37,982
				53,848
		Japan - 20.1%
	983	AEON Co., Ltd.		12,914
	498	Aisin Seiki Co., Ltd.		19,026
	307	Daiichi Sankyo Co., Ltd.		5,123
	81	Daito Trust Construction Co., Ltd.		7,651
	371	Eisai Co., Ltd.		15,103
	366	FamilyMart Co., Ltd.		15,595
	223	Honda Motor Co., Ltd.		8,285
	878	Japan Tobacco, Inc.		30,988
	1,528	Mitsubishi Electric Corp.		14,278
	5,523	Mitsubishi UFJ Financial Group, Inc.		34,111
	366	Mitsui Fudosan Co., Ltd.		10,760
	2,020	Nomura Holdings, Inc.		14,870
	194	Nomura Research Institute Ltd.		6,307
	173	Omron Corp.		5,161
	203	Ono Pharmaceutical Co., Ltd.		13,791
	1,595	Rakuten, Inc.		18,862
	436	Shizuoka Bank Ltd.		4,703
	133	SoftBank Corp.		7,719
	1,551	T&D Holdings, Inc.		20,743
	143	THK Co., Ltd.		3,000
	758	Tokio Marine Holdings, Inc.		23,903
				292,893
		Malaysia - 0.3%
	4,004	AirAsia Berhad		4,029
		Mexico - 0.6%
	2,064	Fibra Uno Administracion S.A. REIT		6,932
	1,039	Macquarie Mexico Real Estate Management S.A. de C.V. REIT		2,245
				9,177
		Netherlands - 1.3%
	72	ASML Holding N.V.		5,671
	449	NXP Semiconductors N.V. ●		13,897
				19,568
		Norway - 0.5%
	201	Algeta ASA ●		7,633

The accompanying notes are an integral part of these financial statements.

5

Hartford International Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.1% - (continued)
		Panama - 0.4%
	47	Copa Holdings S.A. Class A	$	6,164
		Portugal - 1.1%
	731	Galp Energia SGPS S.A.		10,836
	1,491	Portugal Telecom SGPS S.A.		5,799
				16,635
		South Korea - 0.5%
	6	Samsung Electronics Co., Ltd.		6,496
		Spain - 1.2%
	1,341	Telefonica S.A. ●		17,248
		Sweden - 1.4%
	520	Assa Abloy Ab		20,305
		Switzerland - 8.7%
	135	Cie Financiere Richemont S.A.		11,936
	9	Givaudan		11,520
	761	Julius Baer Group Ltd.		29,713
	13	Partners Group		3,538
	218	Roche Holding AG		54,200
	977	UBS AG		16,583
				127,490
		Taiwan - 1.7%
	6,884	Taiwan Semiconductor Manufacturing Co., Ltd.		24,921
		United Kingdom - 16.1%
	233	Al Noor Hospitals Group ●		2,240
	437	AstraZeneca plc		20,678
	2,885	BAE Systems plc		16,804
	859	BG Group plc		14,599
	4,395	BP plc		30,504
	85	Derwent London plc REIT		2,965
	1,002	Diageo Capital plc		28,731
	2,344	Direct Line Insurance Group plc		8,308
	370	Great Portland Estates plc		2,985
	854	Hammerson plc REIT		6,333
	209	Imperial Tobacco Group plc		7,259
	1,665	Kingfisher plc		8,684
	13,864	Lloyds Banking Group plc ●		13,313
	2,382	National Grid plc		27,002
	864	NMC Health plc		3,547
	1,904	Rexam plc		13,818
	1,537	Rolls-Royce Holdings plc		26,472
				234,242
		United States - 1.0%
	212	Carnival Corp.		7,276
	115	Covidien plc		7,195
				14,471
		Total common stocks
		(cost $1,317,670)	$	1,403,029
PREFERRED STOCKS - 1.7%
		Germany - 1.7%
	321	ProSieben Sat.1 Media AG	$	13,754
	58	Volkswagen AG N.V.		11,693
				25,447
		Total preferred stocks
		(cost $25,526)	$	25,447
		Total long-term investments (cost $1,343,196)	$	1,428,476
SHORT-TERM INVESTMENTS - 2.3%
		Repurchase Agreements - 2.3%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $121, collateralized by GNMA 3.00%, 2042, value of $123)
$	121	0.13%, 6/28/2013	$	121
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $2,568, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $2,613)
	2,568	0.15%, 6/28/2013		2,568
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $4,989, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $5,077)
	4,989	0.12%, 6/28/2013		4,989
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $3,458, collateralized by U.S. Treasury Note 3.13%, 2021, value of $3,514)
	3,457	0.10%, 6/28/2013		3,457
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $10,189, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $10,342)
	10,189	0.10%, 6/28/2013		10,189
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $121, collateralized by FNMA 4.50%, 2035, value of $123)
	121	0.25%, 6/28/2013		121
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $4,086, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $4,168)
	4,086	0.10%, 6/28/2013		4,086

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount					Market Value ╪
SHORT-TERM INVESTMENTS - 2.3% - (continued)
		Repurchase Agreements - 2.3% - (continued)
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $7,206, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $7,328)
$	7,206	0.12%, 6/28/2013			$	7,206
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $104, collateralized by U.S. Treasury Note 0.63%, 2014, value of $106)
	104	0.09%, 6/28/2013				104
						32,841
		Total short-term investments
		(cost $32,841)			$	32,841
		Total investments
		(cost $1,376,037) ▲	100.1	%	$	1,461,317
		Other assets and liabilities	(0.1	)%		(2,173	)
		Total net assets	100.0	%	$	1,459,144

Note:	Percentage of investments as shown is the ratio of the total market value to total net assets.
	Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $1,390,602 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	127,975
Unrealized Depreciation		(57,260	)
Net Unrealized Appreciation	$	70,715

● Non-income producing.  

The accompanying notes are an integral part of these financial statements.

7

Hartford International Opportunities HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

 (000’s Omitted)

Foreign Currency Contracts Outstanding at June 30, 2013

Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
AUD	Sell	07/01/2013	CBA	$	2,131	$	2,089	$	42
CAD	Sell	07/03/2013	BCLY		524		522		2
CAD	Sell	07/12/2013	BCLY		770		767		3
CAD	Sell	07/02/2013	CSFB		312		312		–
CAD	Sell	07/11/2013	CSFB		455		454		1
CHF	Buy	07/03/2013	UBS		2,900		2,901		1
EUR	Buy	07/01/2013	DEUT		2,460		2,464		4
EUR	Buy	07/02/2013	DEUT		3,884		3,878		(6	)
EUR	Buy	07/03/2013	HSBC		2,136		2,136		–
GBP	Buy	07/03/2013	BCLY		1,452		1,452		–
GBP	Buy	07/02/2013	UBS		723		721		(2	)
GBP	Sell	07/01/2013	NAB		137		136		1
HKD	Sell	07/02/2013	DEUT		407		407		–
HKD	Sell	07/03/2013	JPM		5,294		5,295		(1	)
JPY	Buy	07/03/2013	JPM		2,214		2,211		(3	)
								$	42

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
CBA	Commonwealth Bank of Australia
CSFB	Credit Suisse First Boston Corp.
DEUT	Deutsche Bank Securities, Inc.
HSBC	HSBC Bank USA
JPM	JP Morgan Chase & Co.
NAB	National Australia Bank
UBS	UBS AG
Currency Abbreviations:
AUD	Australian Dollar
CAD	Canadian Dollar
CHF	Swiss Franc
EUR	EURO
GBP	British Pound
HKD	Hong Kong Dollar
JPY	Japanese Yen
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

8

Hartford International Opportunities HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	1,403,029	$	140,135	$	1,262,894	$	–
Preferred Stocks		25,447		–		25,447		–
Short-Term Investments		32,841		–		32,841		–
Total	$	1,461,317	$	140,135	$	1,321,182	$	–
Foreign Currency Contracts *		54		–		54		–
Total	$	54	$	–	$	54	$	–
Liabilities:
Foreign Currency Contracts *		12		–		12		–
Total	$	12	$	–	$	12	$	–

♦ For the six-month period ended June 30, 2013, investments valued at $24,261 were transferred from Level 1 to Level 2, and investments valued at $39,580 were transferred from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to:

1) Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1).

2) U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2).

3) Equity investments with no observable trading but a bid or close price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1).

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

The accompanying notes are an integral part of these financial statements.

9

Hartford International Opportunities HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $1,376,037)	$	1,461,317
Foreign currency on deposit with custodian (cost $704)		704
Unrealized appreciation on foreign currency contracts		54
Receivables:
Investment securities sold		22,120
Fund shares sold		1,451
Dividends and interest		4,856
Total assets		1,490,502
Liabilities:
Unrealized depreciation on foreign currency contracts		12
Bank overdraft		581
Payables:
Investment securities purchased		29,283
Fund shares redeemed		1,173
Investment management fees		163
Distribution fees		8
Accrued expenses		138
Total liabilities		31,358
Net assets	$	1,459,144
Summary of Net Assets:
Capital stock and paid-in-capital	$	1,943,419
Undistributed net investment income		49,260
Accumulated net realized loss		(618,793	)
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		85,258
Net assets	$	1,459,144
Shares authorized		2,625,000
Par value	$	0.001
Class IA: Net asset value per share	$	13.00
Shares outstanding		96,509
Net assets	$	1,254,902
Class IB: Net asset value per share	$	13.13
Shares outstanding		15,561
Net assets	$	204,242

The accompanying notes are an integral part of these financial statements.

10

Hartford International Opportunities HLS Fund

 Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	29,779
Interest		19
Less: Foreign tax withheld		(3,275	)
Total investment income, net		26,523
Expenses:
Investment management fees		5,155
Transfer agent fees		2
Distribution fees - Class IB		268
Custodian fees		109
Accounting services fees		121
Board of Directors' fees		20
Audit fees		16
Other expenses		196
Total expenses (before fees paid indirectly)		5,887
Commission recapture		(25	)
Custodian fee offset		—
Total fees paid indirectly		(25	)
Total expenses, net		5,862
Net Investment Income		20,661
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		103,506
Net realized gain on foreign currency contracts		1,538
Net realized loss on other foreign currency transactions		(1,851	)
Net Realized Gain on Investments and Foreign Currency Transactions		103,193
Net Changes in Unrealized Depreciation of Investments and Foreign Currency Transactions:
Net unrealized depreciation of investments		(78,458	)
Net unrealized appreciation of foreign currency contracts		45
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(70	)
Net Changes in Unrealized Depreciation of Investments and Foreign Currency Transactions		(78,483	)
Net Gain on Investments and Foreign Currency Transactions		24,710
Net Increase in Net Assets Resulting from Operations	$	45,371

The accompanying notes are an integral part of these financial statements.

11

Hartford International Opportunities HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	20,661		$	28,213
Net realized gain on investments and foreign currency transactions		103,193			18,671
Net unrealized appreciation (depreciation) of investments and foreign currency transactions		(78,483	)		235,594
Net Increase in Net Assets Resulting from Operations		45,371			282,478
Distributions to Shareholders:
From net investment income
Class IA		—			(24,562	)
Class IB		—			(3,573	)
Total distributions		—			(28,135	)
Capital Share Transactions:
Class IA
Sold		61,015			85,672
Issued on reinvestment of distributions		—			24,562
Redeemed		(148,362	)		(311,056	)
Total capital share transactions		(87,347	)		(200,822	)
Class IB
Sold		14,088			23,016
Issued on reinvestment of distributions		—			3,573
Redeemed		(36,876	)		(76,826	)
Total capital share transactions		(22,788	)		(50,237	)
Net decrease from capital share transactions		(110,135	)		(251,059	)
Net Increase (Decrease) in Net Assets		(64,764	)		3,284
Net Assets:
Beginning of period		1,523,908			1,520,624
End of period	$	1,459,144		$	1,523,908
Undistributed (distribution in excess of) net investment income	$	49,260		$	28,599
Shares:
Class IA
Sold		4,658			7,362
Issued on reinvestment of distributions		—			2,110
Redeemed		(11,335	)		(26,480	)
Total share activity		(6,677	)		(17,008	)
Class IB
Sold		1,060			1,956
Issued on reinvestment of distributions		—			303
Redeemed		(2,790	)		(6,476	)
Total share activity		(1,730	)		(4,217	)

The accompanying notes are an integral part of these financial statements.

12

Hartford International Opportunities HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford International Opportunities HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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 Fund may cause the NAV of its shares to differ significantly from the NAV that would have been calculated using

13

Hartford International Opportunities HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

market prices at the close of the exchange on which a portfolio investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation

14

Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

15

Hartford International Opportunities HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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

16

investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund had no illiquid or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. As of June 30, 2013, the Fund had no outstanding when-issued or delayed-delivery investments.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

17

Hartford International Opportunities HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Unrealized appreciation on foreign currency contracts	$	—	$	54	$	—	$	—	$	—	$	—	$	54
Total	$	—	$	54	$	—	$	—	$	—	$	—	$	54
Liabilities:
Unrealized depreciation on foreign currency contracts	$	—	$	12	$	—	$	—	$	—	$	—	$	12
Total	$	—	$	12	$	—	$	—	$	—	$	—	$	12

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on foreign currency contracts	$	—	$	1,538	$	—	$	—	$	—	$	—	$	1,538
Total	$	—	$	1,538	$	—	$	—	$	—	$	—	$	1,538
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized appreciation of foreign currency contracts	$	—	$	45	$	—	$	—	$	—	$	—	$	45
Total	$	—	$	45	$	—	$	—	$	—	$	—	$	45

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

18

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013: 

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	32,841	$	—	$	32,841	$	—		$	(33,394	)	$	—
Unrealized appreciation on foreign currency contracts		54		—		54		(5	)		—			49
Total subject to a master netting or similar arrangement	$	32,895	$	—	$	32,895	$	(5	)	$	(33,394	)	$	49

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Pledged		Net Amount (not less than 0)
Unrealized depreciation on foreign currency contracts	$	12	$	—	$	12	$	(5	)	$	—	$	7
Total subject to a master netting or similar arrangement	$	12	$	—	$	12	$	(5	)	$	—	$	7

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. Accordingly, no provision for federal

19

Hartford International Opportunities HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

income or excise taxes has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	28,135	$	808

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	32,158
Accumulated Capital and Other Losses*		(710,980	)
Unrealized Appreciation†		149,176
Total Accumulated Deficit	$	(529,646	)

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	387
Accumulated Net Realized Gain (Loss)		(387	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss

20

carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2015	$	26,254
2016		397,126
2017		287,600
Total	$	710,980

During the year ended December 31, 2012, the Fund utilized $10,830 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750%
On next $250 million		0.7250%
On next $500 million		0.6750%
On next $1.5 billion		0.6250%
On next $2.5 billion		0.6200%
On next $5 billion		0.6150%
Over $10 billion		0.6100%

21

Hartford International Opportunities HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.016%
On next $5 billion		0.014%
Over $10 billion		0.012%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.74	%
Class IB		0.99

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $1. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a

22

per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.23	%		0.23	%
Total Return Excluding Payment from Affiliate		33.15	%		32.83	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	928,733
Sales Proceeds Excluding U.S. Government Obligations		1,042,276

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

23

Hartford International Opportunities HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

24

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25

Hartford International Opportunities HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)			Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited) (E)
IA	$	12.63	$	0.18		$	0.19		$	0.37		$	–		$	–		$	–	$	–		$	13.00
IB		12.76		0.17			0.20			0.37			–			–			–		–			13.13
For the Year Ended December 31, 2012
IA		10.72		0.26			1.88			2.14			(0.23	)		–			–		(0.23	)		12.63
IB		10.82		0.25			1.88			2.13			(0.19	)		–			–		(0.19	)		12.76
For the Year Ended December 31, 2011
IA		12.46		0.21			(1.94	)		(1.73	)		(0.01	)		–			–		(0.01	)		10.72
IB		12.61		0.19			(1.97	)		(1.78	)		(0.01	)		–			–		(0.01	)		10.82
For the Year Ended December 31, 2010 (E)
IA		11.01		0.13			1.46			1.59			(0.14	)		–			–		(0.14	)		12.46
IB		11.15		0.11			1.46			1.57			(0.11	)		–			–		(0.11	)		12.61
For the Year Ended December 31, 2009
IA		8.40		0.19	(I)		2.61			2.80			(0.19	)		–			–		(0.19	)		11.01
IB		8.51		0.17	(I)		2.64			2.81			(0.17	)		–			–		(0.17	)		11.15
For the Year Ended December 31, 2008
IA		15.62		0.28			(6.68	)		(6.40	)		(0.28	)		(0.54	)		–		(0.82	)		8.40
IB		15.78		0.27			(6.76	)		(6.49	)		(0.24	)		(0.54	)		–		(0.78	)		8.51

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Per share amounts have been calculated using the average shares method.

(F) Not annualized.

(G) Annualized.

(H) During the year ended December 31, 2010, the Fund incurred $456.2 million in sales associated with the transition of assets from Hartford International Growth HLS Fund and Hartford International Small Company HLS Fund, which merged into the Fund on April 16, 2010. These sales were excluded from the portfolio turnover calculation.

(I) The impact of Payment from Affiliate per share was $0.03.

(J) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

26

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	2.96	%(F)	$	1,254,902		0.74	%(G)		0.74	%(G)		2.77	%(G)		63	%
	2.83	(F)		204,242		0.99	(G)		0.99	(G)		2.51	(G)		–
	20.20			1,303,209		0.74			0.74			1.88			95
	19.89			220,699		0.99			0.99			1.64			–
	(13.97	)		1,287,917		0.73			0.73			1.66			111
	(14.19	)		232,707		0.98			0.98			1.41			–
	14.49			1,705,757		0.74			0.74			1.19			128	(H)
	14.20			328,671		0.99			0.99			0.94			–
	33.46	(J)		1,247,179		0.76			0.76			1.68			152
	33.13	(J)		216,882		1.01			1.01			1.43			–
	(42.25	)		1,046,234		0.71			0.71			2.21			158
	(42.39	)		189,221		0.96			0.96			1.96			–

27

Hartford International Opportunities HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee 

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005 

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

28

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

29

Hartford International Opportunities HLS Fund

Directors and Officers (Unaudited) – (continued)

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010. 

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

30

Hartford International Opportunities HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value  December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,029.60	$	3.72	$	1,000.00	$	1,021.12	$	3.71		0.74	%	181	365
Class IB	$	1,000.00	$	1,028.30	$	4.98	$	1,000.00	$	1,019.89	$	4.96		0.99	%	181	365

31

Hartford International Opportunities HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Foreign Investment and Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.

Mid-cap Stock Risk: Mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

32

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-IO13 8-13 113546-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD MIDCAP HLS FUND   2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford MidCap HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	8
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	9
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	10
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	11
Notes to Financial Statements (Unaudited)	12
Financial Highlights (Unaudited)	22
Directors and Officers (Unaudited)	24
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	26
Quarterly Portfolio Holdings Information (Unaudited)	26
Expense Example (Unaudited)	27
Principal Risks (Unaudited)	28

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford MidCap HLS Fund* inception 07/14/1997

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term growth of capital.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)  

	6 Month†		1 Year		5 Years		10 Years
MidCap IA		17.22%		25.68%		6.75%		10.79%
MidCap IB		17.07%		25.36%		6.47%		10.51%
S&P MidCap 400 Index		14.59%		25.18%		8.91%		10.74%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.71% and 0.96%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

* The Fund has restrictions on the purchase of shares. A description of the restrictions can be found in the prospectus.

2

Hartford MidCap HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Philip W. Ruedi, CFA	Mark A. Whitaker, CFA
Senior Vice President and Equity Portfolio Manager	Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford MidCap HLS Fund returned 17.22% for the six-month period ended June 30, 2013, outperforming its benchmark, the S&P MidCap 400 Index, which returned 14.59% for the same period. The Fund also outperformed the 14.90% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

Small cap stocks (+15.9%) outperformed mid cap stocks (+14.6%) and large cap stocks (+13.8%) during the period, as measured by the Russell 2000, S&P MidCap 400, and S&P 500 Indices, respectively. Within the S&P MidCap 400 Index, all ten sectors posted positive returns during the six-month period. The Consumer Staples (+28.2%), Health Care (+25.3%) and Utilities (+19.2%) sectors performed best while the Materials (+4.6%), Energy (+6.9%) and Information Technology (+7.4%) sectors lagged on a relative basis.

Outperformance versus the benchmark during the period was driven by strong security selection in the Information Technology, Health Care, and Energy sectors, which more than offset weak stock selection in the Industrials and Consumer Staples sectors. Sector allocation, which is a residual of our bottom-up stock selection process, contributed to relative outperformance during the period primarily based on our overweight allocation (i.e. the Fund’s sector position was greater than the benchmark position) to Health Care and an underweight allocation to Materials.

Top contributors to relative performance during the period were Actavis (Health Care), Rackspace Hosting (Information Technology), and TripAdvisor (Consumer Discretionary). Global, integrated specialty pharmaceutical company Actavis saw shares move higher after Valeant Pharmaceuticals initiated merger discussions with the company. Management rejected the offer but completed a merger agreement with Warner-Chilcott. We initiated a position during the period and shares continued to gain following the announcement. Rackspace Hosting offers a diverse portfolio of cloud computing services, including public, dedicated and private cloud, and hybrid hosting. The stock traded lower due to investor concerns about near-term profitability. Not owning the poor performing benchmark component contributed to relative returns. Shares of TripAdvisor, an online travel research company, rose as an improving outlook for search revenue boosted investor confidence in web-based travel business. Vertex Pharmaceuticals (Health Care) and Genpact (Information Technology) were also top contributors to absolute performance (i.e. total return) during the period.

Top detractors from relative performance during the period were CH Robinson Worldwide (Industrials), Newfield Exploration (Energy), and CONSOL Energy (Energy). Provider of freight transportation services and logistics solutions, CH Robinson Worldwide saw shares fall during the period after the company announced disappointing earnings, which were challenged by a slow volume recovery. We trimmed the position. Shares of U.S.-based oil & gas exploration and production company Newfield Exploration declined following lower-than-expected production guidance and plan to divest international assets. Shares of CONSOL Energy, a U.S.-based energy company, declined as investors realized anti-coal carbon policies by the Environmental Protection Agency (EPA) have resulted in permanent demand declines from coal fired power plants. Trimble Navigation (Information Technology) also detracted from absolute performance during the period.

3

Hartford MidCap HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

What is the outlook?

In keeping with our philosophy, we continue to emphasize company-specific strengths in our bottom-up stock selection approach. Themes in the portfolio that may be impactful in the coming quarters include non-residential construction, trucking, and transaction processing.

At the end of the period, our largest overweights relative to the benchmark were in the Health Care and Energy sectors. Our largest underweights were Financials and Materials.

Diversification by Industry
as of June 30, 2013
Industry (Sector)	Percentage of Net Assets
Automobiles and Components (Consumer Discretionary)		2.8	%
Banks (Financials)		4.9
Capital Goods (Industrials)		10.0
Commercial and Professional Services (Industrials)		7.7
Consumer Durables and Apparel (Consumer Discretionary)		1.8
Consumer Services (Consumer Discretionary)		1.0
Diversified Financials (Financials)		5.8
Energy (Energy)		11.3
Food and Staples Retailing (Consumer Staples)		0.7
Food, Beverage and Tobacco (Consumer Staples)		1.8
Health Care Equipment and Services (Health Care)		5.6
Insurance (Financials)		3.8
Materials (Materials)		2.6
Media (Consumer Discretionary)		2.1
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		15.0
Retailing (Consumer Discretionary)		7.5
Semiconductors and Semiconductor Equipment (Information Technology)		2.2
Software and Services (Information Technology)		13.0
Technology Hardware and Equipment (Information Technology)		4.5
Transportation (Industrials)		2.3
Utilities (Utilities)		2.6
Short-Term Investments		0.2
Other Assets and Liabilities		(9.2	)
Total		100.0	%

4

Hartford MidCap HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 109.0%
		Automobiles and Components - 2.8%
	700	Allison Transmission Holdings, Inc.	$	16,146
	438	Harley-Davidson, Inc.		24,018
				40,164
		Banks - 4.9%
	109	Cullen/Frost Bankers, Inc.		7,286
	234	East West Bancorp, Inc.		6,441
	1,082	First Niagara Financial Group, Inc.		10,891
	370	First Republic Bank		14,252
	287	M&T Bank Corp.		32,065
				70,935
		Capital Goods - 10.0%
	316	IDEX Corp.		17,014
	488	Jacobs Engineering Group, Inc. ●		26,909
	479	Lennox International, Inc.		30,904
	251	MSC Industrial Direct Co., Inc.		19,435
	481	PACCAR, Inc.		25,822
	195	Pall Corp.		12,959
	147	Wabco Holdings, Inc. ●		11,004
				144,047
		Commercial and Professional Services - 7.7%
	470	Equifax, Inc. ●		27,692
	477	Manpowergroup, Inc.		26,151
	895	Robert Half International, Inc.		29,756
	656	Waste Connections, Inc.		26,976
				110,575
		Consumer Durables and Apparel - 1.8%
	27	NVR, Inc. ●		25,255
		Consumer Services - 1.0%
	307	Weight Watchers International, Inc.		14,107
		Diversified Financials - 5.8%
	182	Greenhill & Co., Inc.		8,333
	406	Invesco Ltd.		12,917
	220	LPL Financial Holdings, Inc.		8,313
	222	Moody's Corp.		13,520
	917	SEI Investments Co.		26,060
	182	T. Rowe Price Group, Inc.		13,337
				82,480
		Energy - 11.3%
	393	Atwood Oceanics, Inc. ●		20,480
	126	Cabot Oil & Gas Corp.		8,916
	799	Cobalt International Energy, Inc. ●		21,241
	488	Consol Energy, Inc.		13,217
	727	Denbury Resources, Inc. ●		12,595
	223	Ensco plc		12,944
	184	EQT Corp.		14,591
	192	Oceaneering International, Inc.		13,855
	119	Pioneer Natural Resources Co.		17,241
	84	Range Resources Corp.		6,505
	767	Superior Energy Services, Inc. ●		19,886
				161,471
		Food and Staples Retailing - 0.7%
	111	PriceSmart, Inc.		9,758
		Food, Beverage and Tobacco - 1.8%
	335	Molson Coors Brewing Co.		16,031
	158	Monster Beverage Corp. ●		9,574
				25,605
		Health Care Equipment and Services - 5.6%
	1,173	Allscripts Healthcare Solutions, Inc. ●		15,176
	319	Catamaran Corp. ●		15,533
	179	Community Health Systems, Inc.		8,374
	153	LifePoint Hospitals, Inc. ●		7,466
	490	Patterson Cos., Inc.		18,406
	110	Sirona Dental Systems, Inc. ●		7,233
	125	Universal Health Services, Inc. Class B		8,349
				80,537
		Insurance - 3.8%
	52	Alleghany Corp. ●		19,821
	40	Markel Corp. ●		21,284
	321	W.R. Berkley Corp.		13,101
				54,206
		Materials - 2.6%
	61	FMC Corp.		3,707
	262	Packaging Corp. of America		12,812
	60	Sherwin-Williams Co.		10,587
	205	Silgan Holdings, Inc.		9,615
				36,721
		Media - 2.1%
	221	AMC Networks, Inc. Class A ●		14,446
	629	DreamWorks Animation SKG, Inc. ●		16,131
				30,577
		Pharmaceuticals, Biotechnology and Life Sciences - 15.0%
	308	Actavis, Inc. ●		38,818
	670	Alkermes plc ●		19,215
	310	Cubist Pharmaceuticals, Inc. ●		14,974
	169	Illumina, Inc. ●		12,622
	547	Incyte Corp. ●		12,045
	578	Ironwood Pharmaceuticals, Inc. ●		5,750
	1,035	Mylan, Inc. ●		32,123
	90	Onyx Pharmaceuticals, Inc. ●		7,826
	34	Regeneron Pharmaceuticals, Inc. ●		7,709
	187	Salix Pharmaceuticals Ltd. ●		12,395
	413	Vertex Pharmaceuticals, Inc. ●		32,953
	182	Waters Corp. ●		18,184
				214,614
		Retailing - 7.5%
	365	Advance Automotive Parts, Inc.		29,638
	542	CarMax, Inc. ●		25,017
	232	HomeAway, Inc. ●		7,514
	362	Joseph A. Bank Clothiers, Inc. ●		14,947
	113	Tiffany & Co.		8,236
	358	TripAdvisor, Inc. ●		21,791
				107,143
		Semiconductors and Semiconductor Equipment - 2.2%
	575	Maxim Integrated Products, Inc.		15,970
	495	NXP Semiconductors N.V. ●		15,327
				31,297
		Software and Services - 13.0%
	192	ANSYS, Inc. ●		14,052
	381	Autodesk, Inc. ●		12,915
	133	Factset Research Systems, Inc.		13,589
	162	FleetCor Technologies, Inc. ●		13,137
	141	Gartner, Inc. Class A ●		8,030
	2,026	Genpact Ltd.		38,986
	388	Micros Systems, Inc. ●		16,722
	122	ServiceNow, Inc. ●		4,912
	119	Teradata Corp. ●		5,970

The accompanying notes are an integral part of these financial statements.

5

Hartford MidCap HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
COMMON STOCKS - 109.0% - (continued)
		Software and Services - 13.0% - (continued)
	1,096	Vantiv, Inc. ●			$	30,245
	228	VeriSign, Inc. ●				10,172
	229	WEX, Inc. ●				17,529
						186,259
		Technology Hardware and Equipment - 4.5%
	206	Amphenol Corp. Class A				16,016
	131	FEI Co.				9,526
	563	National Instruments Corp.				15,728
	886	Trimble Navigation Ltd. ●				23,036
						64,306
		Transportation - 2.3%
	225	C.H. Robinson Worldwide, Inc.				12,670
	369	Expeditors International of Washington, Inc.				14,021
	88	J.B. Hunt Transport Services, Inc.				6,336
						33,027
		Utilities - 2.6%
	166	Northeast Utilities				6,973
	568	UGI Corp.				22,198
	201	Wisconsin Energy Corp.				8,229
						37,400
		Total common stocks
		(cost $1,224,744)			$	1,560,484
		Total long-term investments
		(cost $1,224,744)			$	1,560,484
SHORT-TERM INVESTMENTS - 0.2%
Repurchase Agreements - 0.2%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $13, collateralized by GNMA 3.00%, 2042, value of $13)
$	13	0.13%, 6/28/2013			$	13
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $278, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $283)
	278	0.15%, 6/28/2013				278
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $540, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $550)
	540	0.12%, 6/28/2013				540
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $375, collateralized by U.S. Treasury Note 3.13%, 2021, value of $381)
	375	0.10%, 6/28/2013				375
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,104, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $1,120)
	1,104	0.10%, 6/28/2013				1,104
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $13, collateralized by FNMA 4.50%, 2035, value of $13)
	13	0.25%, 6/28/2013				13
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $443, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $451)
	443	0.10%, 6/28/2013				443
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $780, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $794)
	780	0.12%, 6/28/2013				780
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $11, collateralized by U.S. Treasury Note 0.63%, 2014, value of $11)
	11	0.09%, 6/28/2013				11
						3,557
		Total short-term investments
		(cost $3,557)			$	3,557
		Total investments
		(cost $1,228,301) ▲	109.2	%	$	1,564,041
		Other assets and liabilities	(9.2	)%		(131,324	)
		Total net assets	100.0	%	$	1,432,717

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $1,238,131 and the aggregate gross unrealized appreciation and depreciation based on that cost were:    

Unrealized Appreciation	$	359,533
Unrealized Depreciation		(33,623	)
Net Unrealized Appreciation	$	325,910

● Non-income producing.    

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Other Abbreviations:
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association

The accompanying notes are an integral part of these financial statements.

7

Hartford MidCap HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	1,560,484	$	1,560,484	$	–	$	–
Short-Term Investments		3,557		–		3,557		–
Total	$	1,564,041	$	1,560,484	$	3,557	$	–

♦	For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.
‡	The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

The accompanying notes are an integral part of these financial statements.

8

Hartford MidCap HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $1,228,301)	$	1,564,041
Cash		6
Receivables:
Investment securities sold		3,069
Fund shares sold		272
Dividends and interest		562
Total assets		1,567,950
Liabilities:
Payables:
Investment securities purchased		1,547
Fund shares redeemed		133,461
Investment management fees		174
Distribution fees		3
Accrued expenses		48
Total liabilities		135,233
Net assets	$	1,432,717
Summary of Net Assets:
Capital stock and paid-in-capital	$	998,522
Undistributed net investment income		2,940
Accumulated net realized gain		95,515
Unrealized appreciation of investments		335,740
Net assets	$	1,432,717
Shares authorized		2,400,000
Par value	$	0.001
Class IA: Net asset value per share	$	33.00
Shares outstanding		41,076
Net assets	$	1,355,673
Class IB: Net asset value per share	$	32.72
Shares outstanding		2,355
Net assets	$	77,044

The accompanying notes are an integral part of these financial statements.

9

Hartford MidCap HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	8,151
Interest		2
Total investment income, net		8,153
Expenses:
Investment management fees		5,202
Transfer agent fees		3
Distribution fees - Class IB		94
Custodian fees		5
Accounting services fees		76
Board of Directors' fees		18
Audit fees		10
Other expenses		74
Total expenses (before fees paid indirectly)		5,482
Commission recapture		(9	)
Total fees paid indirectly		(9	)
Total expenses, net		5,473
Net Investment Income		2,680
Net Realized Gain on Investments:
Net realized gain on investments		60,063
Net Realized Gain on Investments		60,063
Net Changes in Unrealized Appreciation of Investments:
Net unrealized appreciation of investments		174,925
Net Changes in Unrealized Appreciation of Investments		174,925
Net Gain on Investments		234,988
Net Increase in Net Assets Resulting from Operations	$	237,668

The accompanying notes are an integral part of these financial statements.

10

Hartford MidCap HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	2,680		$	11,454
Net realized gain on investments		60,063			115,900
Net unrealized appreciation of investments		174,925			113,137
Net Increase in Net Assets Resulting from Operations		237,668			240,491
Distributions to Shareholders:
From net investment income
Class IA		—			(10,752	)
Class IB		—			(400	)
Total distributions		—			(11,152	)
Capital Share Transactions:
Class IA
Sold		67,754			143,048
Issued on reinvestment of distributions		—			10,752
Redeemed		(263,236	)		(257,552	)
Total capital share transactions		(195,482	)		(103,752	)
Class IB
Sold		7,703			15,835
Issued on reinvestment of distributions		—			400
Redeemed		(13,390	)		(28,049	)
Total capital share transactions		(5,687	)		(11,814	)
Net decrease from capital share transactions		(201,169	)		(115,566	)
Net Increase in Net Assets		36,499			113,773
Net Assets:
Beginning of period		1,396,218			1,282,445
End of period	$	1,432,717		$	1,396,218
Undistributed (distribution in excess of) net investment income	$	2,940		$	260
Shares:
Class IA
Sold		2,133			5,211
Issued on reinvestment of distributions		—			384
Redeemed		(8,126	)		(9,535	)
Total share activity		(5,993	)		(3,940	)
Class IB
Sold		243			600
Issued on reinvestment of distributions		—			14
Redeemed		(428	)		(1,049	)
Total share activity		(185	)		(435	)

The accompanying notes are an integral part of these financial statements.

11

Hartford MidCap HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford MidCap HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The

12

value of the foreign investments in which the Fund invests 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 Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or

13

Hartford MidCap HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

e) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the

14

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.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. As of June 30, 2013, the Fund had no outstanding when-issued or delayed-delivery investments.

4. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United

15

Hartford MidCap HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

5. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	11,152	$	10,262

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	260
Undistributed Long-Term Capital Gain		45,282
Unrealized Appreciation*		150,985
Total Accumulated Earnings	$	196,527

* Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

16

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(938	)
Accumulated Net Realized Gain (Loss)		2,401
Capital Stock and Paid-in-Capital		(1,463	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

The Fund had no capital loss carryforward for U.S. federal income tax purposes as of December 31, 2012.

During the year ended December 31, 2012, the Fund utilized $59,008 of prior year capital loss carryforwards. 

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

6. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

17

Hartford MidCap HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750%
On next $250 million		0.7250%
On next $500 million		0.6750%
On next $4 billion		0.6250%
On next $5 billion		0.6225%
Over $10 billion		0.6200%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All assets		0.010%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.71%
Class IB		0.96

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the

18

principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $1. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.03	%		0.03	%
Total Return Excluding Payment from Affiliate		30.92	%		30.59	%

7. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	258,457
Sales Proceeds Excluding U.S. Government Obligations		327,887

8. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

9. Industry Classifications:

Other than the industry classifications “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.

19

Hartford MidCap HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

10. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

11. Pending Legal Proceedings:.

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

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21

Hartford MidCap HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)			Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	28.16	$	0.07		$	4.77		$	4.84		$	–		$	–		$	–	$	–		$	33.00
IB		27.95		0.02			4.75			4.77			–			–			–		–			32.72
For the Year Ended December 31, 2012
IA		23.77		0.24			4.38			4.62			(0.23	)		–			–		(0.23	)		28.16
IB		23.59		0.17			4.35			4.52			(0.16	)		–			–		(0.16	)		27.95
For the Year Ended December 31, 2011
IA		26.01		0.15			(2.20	)		(2.05	)		(0.19	)		–			–		(0.19	)		23.77
IB		25.74		0.07			(2.17	)		(2.10	)		(0.05	)		–			–		(0.05	)		23.59
For the Year Ended December 31, 2010
IA		21.12		0.10			4.85			4.95			(0.06	)		–			–		(0.06	)		26.01
IB		20.92		0.04			4.79			4.83			(0.01	)		–			–		(0.01	)		25.74
For the Year Ended December 31, 2009
IA		16.21		0.12	(G)		4.89			5.01			(0.10	)		–			–		(0.10	)		21.12
IB		16.06		0.05	(G)		4.86			4.91			(0.05	)		–			–		(0.05	)		20.92
For the Year Ended December 31, 2008
IA		26.34		0.12			(9.03	)		(8.91	)		(0.12	)		(1.10	)		–		(1.22	)		16.21
IB		26.08		0.06			(8.92	)		(8.86	)		(0.06	)		(1.10	)		–		(1.16	)		16.06

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) The impact of Payment from Affiliate per share was $0.01.

(H) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

22

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	17.22	%(E)	$	1,355,673		0.71	%(F)		0.71	%(F)		0.36	%(F)		17	%
	17.07	(E)		77,044		0.96	(F)		0.96	(F)		0.11	(F)		–
	19.44			1,325,221		0.71			0.71			0.84			51
	19.14			70,997		0.96			0.96			0.59			–
	(7.92	)		1,212,257		0.71			0.71			0.48			69
	(8.16	)		70,188		0.96			0.96			0.18			–
	23.45			1,722,182		0.70			0.70			0.44			52
	23.15			124,465		0.95			0.95			0.12			–
	30.96	(H)		1,490,852		0.72			0.72			0.48			82
	30.62	(H)		173,205		0.97			0.97			0.23			–
	(35.32	)		1,552,741		0.69			0.69			0.51			92
	(35.49	)		169,328		0.94			0.94			0.26			–

23

Hartford MidCap HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.  

24

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

25

Hartford MidCap HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

26

Hartford MidCap HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year		Days in the full year
Class IA	$	1,000.00	$	1,172.20	$	3.82	$	1,000.00	$	1,021.27	$	3.56		0.71	%		181		365
Class IB	$	1,000.00	$	1,170.70	$	5.17	$	1,000.00	$	1,020.03	$	4.81		0.96	%		181		365

27

Hartford MidCap HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Mid-cap Stock Risk: Mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

28

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-MC13 8-13 113547-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD MIDCAP VALUE HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford MidCap Value HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	9
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	10
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	11
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	12
Notes to Financial Statements (Unaudited)	13
Financial Highlights (Unaudited)	26
Directors and Officers (Unaudited)	28
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	30
Quarterly Portfolio Holdings Information (Unaudited)	30
Expense Example (Unaudited)	31
Principal Risks (Unaudited)	32

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford MidCap Value HLS Fund* inception 04/30/2001

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term capital appreciation.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
MidCap Value IA		14.60%		28.24%		10.79%		10.47%
MidCap Value IB		14.46%		27.92%		10.52%		10.20%
Russell 2500 Value Index		15.09%		26.87%		9.42%		10.16%
Russell Midcap Value Index		16.10%		27.65%		8.87%		10.92%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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. (The Russell 2500 Index is an unmanaged index that measures the performance of the 2,500 smallest U.S. companies based on total market capitalization.)

Russell Midcap Value Index measures the performance of the mid-cap value segment of the U.S. equity universe. It includes those Russell Midcap Index companies with lower price-to-book ratios and lower forecasted growth values.

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.85% and 1.10%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

* The Fund has restrictions on the purchase of shares. A description of the restrictions can be found in the prospectus

2

Hartford MidCap Value HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Manager

James N. Mordy

Senior Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford MidCap Value HLS Fund returned 14.60% for the six-month period ended June 30, 2013, underperforming its benchmark, the Russell 2500 Value Index, which returned 15.09% for the same period. The Fund also underperformed the 16.00% average return of the Lipper Mid-Cap Value Variable Products-Underlying Funds Fund peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

During the period, mid cap equities (+14.6%) underperformed small caps (+15.9%) but outperformed large caps (+13.8%) as represented by the S&P Midcap 400, Russell 2000, S&P 500 Indices, respectively. All ten sectors in the Russell 2500 Value Index gained during the period, with Telecom & Media (+25.0%), Consumer Staples (+24.0%), and Health Care (+21.3%) performing the best. Materials (+1.7%) and Energy (+8.4%) lagged on a relative basis.

The Fund’s relative underperformance versus the index was primarily due to sector allocation, a result of bottom-up security selection. An overweight (i.e. the Fund’s sector position was greater than the benchmark position) to Materials and an underweight to Telecom & Media were the primary drivers of benchmark-relative underperformance. In addition, a modest cash position was also a detractor in an upward trending market. Overall, security selection contributed to positive results driven by strong stock selection within Financials, Materials, and Utilities, which outweighed weaker stock selection within Consumer Staples, Consumer Discretionary and Information Technology.

The largest detractors from benchmark-relative returns included Impax Lab (Health Care), BR Properties (Financials), and PHH (Financials). Shares of Impax Lab, a U.S.-based pharmaceutical company, declined during the period after the company failed a critical inspection by the Food & Drug Administration of a key manufacturing facility. This will result in further delays to potential new drug approvals. Shares of BR Properties, a Brazil-based company engaged in the real estate sector, underperformed on weaker sentiment towards Brazilian equities (negative money flow) ahead of a potential interest rate tightening cycle in Brazil, and on moderately higher office supply in Sao Paolo. Shares of PHH, a U.S.-based provider of mortgage and fleet management services, declined on concerns about the sustainability of mortgage gain-on-sale margins which will decline from record levels. Impax Lab (Health Care) and New Gold (Materials) also detracted from the Funds’ absolute performance (i.e. total return).

The largest contributors to absolute and benchmark-relative performance included Unum Group (financials), Delta Air Lines (industrials), and Methanex (materials). Shares of Unum Group, a benefits and disability insurer, gained as management downplayed the need for additional provisioning against its long-term care exposure. Shares of Delta Air Lines, a U.S.-based airline, rose during the period as Delta's March quarter was profitable for the first time in 13 years, and management cited significant opportunities to continue improving operating margins. Shares of Methanex, a Canada-based supplier of methanol to international markets in Asia Pacific, North America, Europe and Latin America, rose as the company started to relocate its idle facility from Chile to the U.S. to take advantage of cheap U.S. natural gas. This is a key element of management's strategy to boost capacity utilization and will provide more visible earnings growth over the next few years.

What is the outlook?

We remain positive on the economic outlook. In our opinion, the U.S. has managed to grow through the maximum impacts of tax hikes and sequestration, and we expect to see improved

3

Hartford MidCap Value HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

growth ahead. We believe that the strong June jobs report makes Fed QE easing likely in the fall. The U.K. has strengthened and continental Europe has stabilized but remains fragile. Japan is responding to government stimulus. We believe that China remains a large risk, as is the rise in political tensions in the Middle East and Latin America.

As the rise in rates has been due more to improved expectations for economic growth than for inflation, we believe the cyclicals can continue to outperform. This view is further supported by the fact that cyclical stocks are still about 16% undervalued versus their recent history against the defensives.

As of the end of the period we were most overweight the Information Technology, Industrials, and Health Care sectors and most underweight the Financials, Utilities, and Consumer Discretionary sectors relative to the benchmark.

Diversification by Industry
as of June 30, 2013
Industry (Sector)	Percentage of Net Assets
Banks (Financials)		8.5	%
Capital Goods (Industrials)		15.6
Consumer Durables and Apparel (Consumer Discretionary)		5.9
Diversified Financials (Financials)		1.9
Energy (Energy)		7.0
Food, Beverage and Tobacco (Consumer Staples)		3.7
Health Care Equipment and Services (Health Care)		5.1
Insurance (Financials)		9.8
Materials (Materials)		7.5
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		4.0
Real Estate (Financials)		5.4
Retailing (Consumer Discretionary)		2.8
Semiconductors and Semiconductor Equipment (Information Technology)		7.6
Software and Services (Information Technology)		3.7
Technology Hardware and Equipment (Information Technology)		3.3
Transportation (Industrials)		1.6
Utilities (Utilities)		5.1
Short-Term Investments		1.5
Other Assets and Liabilities		0.0
Total		100.0	%

4

Hartford MidCap Value HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 98.5%
		Banks - 8.5%
	185	BankUnited, Inc.	$	4,814
	35	Beneficial Mutual Bancorp, Inc. ●		297
	186	Comerica, Inc.		7,396
	279	EverBank Financial Corp.		4,620
	250	First Midwest Bancorp, Inc.		3,430
	84	Iberiabank Corp.		4,487
	147	Popular, Inc. ●		4,448
	445	Regions Financial Corp.		4,236
	209	Zions Bancorporation		6,027
				39,755
		Capital Goods - 15.6%
	96	AGCO Corp.		4,808
	279	Barnes Group, Inc.		8,365
	90	Chicago Bridge & Iron Co. N.V.		5,375
	49	Dover Corp.		3,790
	100	Esterline Technologies Corp. ●		7,199
	82	Hubbell, Inc. Class B		8,148
	178	KBR, Inc.		5,791
	115	Moog, Inc. Class A ●		5,916
	161	Pentair Ltd.		9,276
	155	Rexel S.A.		3,488
	20	Teledyne Technologies, Inc. ●		1,578
	132	WESCO International, Inc. ●		8,971
				72,705
		Consumer Durables and Apparel - 5.9%
	31	Harman International Industries, Inc.		1,675
	104	Lennar Corp.		3,763
	47	Mattel, Inc.		2,125
	294	Newell Rubbermaid, Inc.		7,704
	2,644	Samsonite International S.A.		6,336
	176	Toll Brothers, Inc. ●		5,726
				27,329
		Diversified Financials - 1.9%
	170	LPL Financial Holdings, Inc.		6,408
	109	PHH Corp. ●		2,219
	452	Solar Cayman Ltd. ⌂■●†		32
				8,659
		Energy - 7.0%
	366	Cobalt International Energy, Inc. ●		9,717
	58	Japan Petroleum Exploration Co., Ltd.		2,344
	149	Newfield Exploration Co. ●		3,564
	347	Ocean Rig UDW, Inc. ●		6,490
	188	QEP Resources, Inc.		5,234
	397	Trican Well Service Ltd.		5,279
				32,628
		Food, Beverage and Tobacco - 3.7%
	107	Bunge Ltd. Finance Corp.		7,551
	76	Dr. Pepper Snapple Group		3,486
	233	Ebro Foods S.A.		4,792
	24	Ingredion, Inc.		1,581
				17,410
		Health Care Equipment and Services - 5.1%
	54	AmerisourceBergen Corp.		3,020
	322	Boston Scientific Corp. ●		2,989
	298	Brookdale Senior Living, Inc. ●		7,866
	206	Health Management Associates, Inc. Class A ●		3,235
	116	Wellcare Health Plans, Inc. ●		6,466
				23,576
		Insurance - 9.8%
	32	Argo Group International Holdings Ltd.		1,344
	147	Hanover Insurance Group, Inc.		7,168
	174	Principal Financial Group, Inc.		6,498
	167	Reinsurance Group of America, Inc.		11,570
	398	Unum Group		11,686
	249	XL Group plc		7,559
				45,825
		Materials - 7.5%
	128	Cabot Corp.		4,801
	123	Celanese Corp.		5,528
	87	Louisiana-Pacific Corp. ●		1,293
	244	Methanex Corp. ADR		10,419
	100	Owens-Illinois, Inc. ●		2,784
	177	Packaging Corp. of America		8,681
	220	Rexam plc		1,595
				35,101
		Pharmaceuticals, Biotechnology and Life Sciences - 4.0%
	760	Almirall S.A.		9,658
	62	Ono Pharmaceutical Co., Ltd.		4,193
	85	UCB S.A.		4,539
				18,390
		Real Estate - 5.4%
	176	American Assets Trust, Inc. REIT		5,435
	182	Blackstone Mortgage Trust, Inc. REIT		4,493
	77	Equity Lifestyle Properties, Inc. REIT		6,020
	268	Forest City Enterprises, Inc. Class A ●		4,791
	169	Hatteras Financial Corp. REIT		4,171
				24,910
		Retailing - 2.8%
	5,788	Buck Holdings L.P. ⌂●†		1,757
	122	GNC Holdings, Inc.		5,402
	128	Men's Wearhouse, Inc.		4,849
	17	Ross Stores, Inc.		1,115
				13,123
		Semiconductors and Semiconductor Equipment - 7.6%
	236	Avago Technologies Ltd.		8,829
	329	Microsemi Corp. ●		7,494
	169	NXP Semiconductors N.V. ●		5,248
	256	Skyworks Solutions, Inc. ●		5,602
	460	Teradyne, Inc. ●		8,075
				35,248
		Software and Services - 3.7%
	272	Booz Allen Hamilton Holding Corp.		4,722
	125	Check Point Software Technologies Ltd. ADR ●		6,200
	179	Verint Systems, Inc. ●		6,364
				17,286
		Technology Hardware and Equipment - 3.3%
	245	Arrow Electronics, Inc. ●		9,767
	89	SanDisk Corp. ●		5,438
				15,205
		Transportation - 1.6%
	393	Delta Air Lines, Inc. ●		7,357
		Utilities - 5.1%
	115	Alliant Energy Corp.		5,778
	156	Great Plains Energy, Inc.		3,505
	191	UGI Corp.		7,474
	158	Westar Energy, Inc.		5,046

The accompanying notes are an integral part of these financial statements.

5

Hartford MidCap Value HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
COMMON STOCKS - 98.5% - (continued)
		Utilities - 5.1% - (continued)
	50	Wisconsin Energy Corp.			$	2,062
						23,865
		Total common stocks
		(cost $375,052)			$	458,372
		Total long-term investments
		(cost $375,052)			$	458,372
SHORT-TERM INVESTMENTS - 1.5%
Repurchase Agreements - 1.5%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $26, collateralized by GNMA 3.00%, 2042, value of $26)
$	26	0.13%, 6/28/2013			$	26
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $544, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $553)
	544	0.15%, 6/28/2013				544
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,056, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $1,075)
	1,056	0.12%, 6/28/2013				1,056
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $732, collateralized by U.S. Treasury Note 3.13%, 2021, value of $744)
	732	0.10%, 6/28/2013				732
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $2,157, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $2,190)
	2,157	0.10%, 6/28/2013				2,157
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $26, collateralized by FNMA 4.50%, 2035, value of $26)
	26	0.25%, 6/28/2013				26
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $865, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $883)
	865	0.10%, 6/28/2013				865
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,526, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $1,552)
	1,526	0.12%, 6/28/2013				1,526
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $22, collateralized by U.S. Treasury Note 0.63%, 2014, value of $22)
	22	0.09%, 6/28/2013				22
						6,954
		Total short-term investments
		(cost $6,954)			$	6,954
		Total investments
		(cost $382,006) ▲	100.0	%	$	465,326
		Other assets and liabilities	—	%		(20	)
		Total net assets	100.0	%	$	465,306

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $388,165 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	86,771
Unrealized Depreciation		(9,610	)
Net Unrealized Appreciation	$	77,161

† These securities were valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company's Board of Directors.  At June 30, 2013, the aggregate value of these securities was $1,789, which represents 0.4% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

● Non-income producing.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $32, which rounds to zero percent of total net assets.

⌂ 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
06/2007		5,788	Buck Holdings L.P.	$	396
03/2007		452	Solar Cayman Ltd.  - 144A		132

At June 30, 2013, the aggregate value of these securities was $1,789, which represents 0.4% of total net assets.

Foreign Currency Contracts Outstanding at June 30, 2013
Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
JPY	Buy	07/02/2013	BCLY	$	39	$	39	$	–
JPY	Buy	07/01/2013	JPM		26		25		(1	)
								$	(1	)

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

The accompanying notes are an integral part of these financial statements.

7

Hartford MidCap Value HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
JPM	JP Morgan Chase & Co.
Currency Abbreviations:
JPY	Japanese Yen
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

8

Hartford MidCap Value HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	458,372	$	419,638	$	36,945	$	1,789
Short-Term Investments		6,954		–		6,954		–
Total	$	465,326	$	419,638	$	43,899	$	1,789
Liabilities:
Foreign Currency Contracts *		1		–		1		–
Total	$	1	$	–	$	1	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization		Purchases		Sales			Transfers Into Level 3		Transfers Out of Level 3		Balance as of June 30, 2013
Assets:
Common Stocks	$	4,172	$	2,630	$	(1,744	)*	$	—	$	—	$	(3,269	)	$	—	$	—	$	1,789
Total	$	4,172	$	2,630	$	(1,744	)	$	—	$	—	$	(3,269	)	$	—	$	—	$	1,789

* Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $(1,744).

The accompanying notes are an integral part of these financial statements.

9

Hartford MidCap Value HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $382,006)	$	465,326
Cash		43
Receivables:
Investment securities sold		147
Fund shares sold		97
Dividends and interest		737
Total assets		466,350
Liabilities:
Unrealized depreciation on foreign currency contracts		1
Bank overdraft - foreign cash		—
Payables:
Investment securities purchased		452
Fund shares redeemed		480
Investment management fees		60
Distribution fees		5
Accrued expenses		46
Total liabilities		1,044
Net assets	$	465,306
Summary of Net Assets:
Capital stock and paid-in-capital	$	351,451
Undistributed net investment income		5,449
Accumulated net realized gain		25,086
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		83,320
Net assets	$	465,306
Shares authorized		1,200,000
Par value	$	0.001
Class IA: Net asset value per share	$	13.36
Shares outstanding		26,126
Net assets	$	348,919
Class IB: Net asset value per share	$	13.26
Shares outstanding		8,775
Net assets	$	116,387

The accompanying notes are an integral part of these financial statements.

10

Hartford MidCap Value HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	3,376
Interest		4
Less: Foreign tax withheld		(84	)
Total investment income, net		3,296
Expenses:
Investment management fees		1,857
Transfer agent fees		1
Distribution fees - Class IB		147
Custodian fees		7
Accounting services fees		23
Board of Directors' fees		6
Audit fees		7
Other expenses		58
Total expenses (before fees paid indirectly)		2,106
Commission recapture		(21	)
Total fees paid indirectly		(21	)
Total expenses, net		2,085
Net Investment Income		1,211
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		52,584
Net realized gain on foreign currency contracts		79
Net realized loss on other foreign currency transactions		(75	)
Net Realized Gain on Investments and Foreign Currency Transactions		52,588
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		9,015
Net unrealized depreciation of foreign currency contracts		(1	)
Net unrealized appreciation on translation of other assets and liabilities in foreign currencies		1
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		9,015
Net Gain on Investments and Foreign Currency Transactions		61,603
Net Increase in Net Assets Resulting from Operations	$	62,814

The accompanying notes are an integral part of these financial statements.

11

Hartford MidCap Value HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	1,211		$	4,416
Net realized gain on investments and foreign currency transactions		52,588			41,884
Net unrealized appreciation of investments and foreign currency transactions		9,015			57,149
Net Increase in Net Assets Resulting from Operations		62,814			103,449
Distributions to Shareholders:
From net investment income
Class IA		—			(3,876	)
Class IB		—			(1,020	)
Total distributions		—			(4,896	)
Capital Share Transactions:
Class IA
Sold		20,663			20,918
Issued on reinvestment of distributions		—			3,876
Redeemed		(42,600	)		(116,036	)
Total capital share transactions		(21,937	)		(91,242	)
Class IB
Sold		7,492			7,023
Issued on reinvestment of distributions		—			1,020
Redeemed		(19,993	)		(36,570	)
Total capital share transactions		(12,501	)		(28,527	)
Net decrease from capital share transactions		(34,438	)		(119,769	)
Net Increase (Decrease) in Net Assets		28,376			(21,216	)
Net Assets:
Beginning of period		436,930			458,146
End of period	$	465,306		$	436,930
Undistributed (distribution in excess of) net investment income	$	5,449		$	4,238
Shares:
Class IA
Sold		1,639			1,942
Issued on reinvestment of distributions		—			357
Redeemed		(3,310	)		(10,694	)
Total share activity		(1,671	)		(8,395	)
Class IB
Sold		592			652
Issued on reinvestment of distributions		—			94
Redeemed		(1,568	)		(3,421	)
Total share activity		(976	)		(2,675	)

The accompanying notes are an integral part of these financial statements.

12

Hartford MidCap Value HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford MidCap Value HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests may change on days when a shareholder will not be able to

13

Hartford MidCap Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by the Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or

14

alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

15

Hartford MidCap Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid investments may require more time and

16

may result in higher dealer discounts and other selling expenses than does the sale of those that are liquid. Illiquid investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. As of June 30, 2013, the Fund had no outstanding when-issued or delayed-delivery investments.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

17

Hartford MidCap Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013: 

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Liabilities:
Unrealized depreciation on foreign currency contracts	$	—	$	1	$	—	$	—	$	—	$	—	$	1
Total	$	—	$	1	$	—	$	—	$	—	$	—	$	1

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts			Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on foreign currency contracts	$	—	$	79		$	—	$	—	$	—	$	—	$	79
Total	$	—	$	79		$	—	$	—	$	—	$	—	$	79
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of foreign currency contracts	$	—	$	(1	)	$	—	$	—	$	—	$	—	$	(1	)
Total	$	—	$	(1	)	$	—	$	—	$	—	$	—	$	(1	)

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

18

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	6,954	$	—	$	6,954	$	—	$	(7,071	)	$	—
Total subject to a master netting or similar arrangement	$	6,954	$	—	$	6,954	$	—	$	(7,071	)	$	—

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Pledged		Net Amount (not less than 0)
Unrealized depreciation on foreign currency contracts	$	1	$	—	$	1	$	—	$	—	$	1
Total subject to a master netting or similar arrangement	$	1	$	—	$	1	$	—	$	—	$	1

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

19

Hartford MidCap Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	4,896	$	54

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	6,257
Accumulated Capital and Other Losses*		(23,362	)
Unrealized Appreciation†		68,146
Total Accumulated Earnings	$	51,041

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	1,304
Accumulated Net Realized Gain (Loss)		(1,304	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

20

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2016	$	4,700
2017		18,662
Total	$	23,362

As a result of current or past mergers in the Fund, certain provisions in the Internal Revenue Code may limit the future utilization of capital losses.  During the year ended December 31, 2012, the Fund utilized $37,899 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $500 million		0.8000	%
On next $500 million		0.7250	%
On next $1.5 billion		0.6750	%
On next $2.5 billion		0.6700	%
On next $5 billion		0.6650	%
Over $10 billion		0.6600	%

21

Hartford MidCap Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All Assets		0.010	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.84	%
Class IB		1.09

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan

22

provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		0.01	%		0.01	%
Total Return Excluding Payment from Affiliate		44.18	%		43.82	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	136,618
Sales Proceeds Excluding U.S. Government Obligations		169,292

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain

23

Hartford MidCap Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

24

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25

Hartford MidCap Value HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	11.65	$	0.05	$	1.66		$	1.71		$	–		$	–		$	–	$	–		$	13.36
IB		11.59		0.03		1.64			1.67			–			–			–		–			13.26
For the Year Ended December 31, 2012
IA		9.44		0.14		2.20			2.34			(0.13	)		–			–		(0.13	)		11.65
IB		9.38		0.10		2.21			2.31			(0.10	)		–			–		(0.10	)		11.59
For the Year Ended December 31, 2011
IA		10.32		0.07		(0.95	)		(0.88	)		–			–			–		–			9.44
IB		10.29		0.04		(0.95	)		(0.91	)		–			–			–		–			9.38
For the Year Ended December 31, 2010 (G)
IA		8.33		0.05		2.00			2.05			(0.06	)		–			–		(0.06	)		10.32
IB		8.30		0.03		1.99			2.02			(0.03	)		–			–		(0.03	)		10.29
For the Year Ended December 31, 2009
IA		5.82		0.07		2.50			2.57			(0.06	)		–			–		(0.06	)		8.33
IB		5.80		0.05		2.49			2.54			(0.04	)		–			–		(0.04	)		8.30
For the Year Ended December 31, 2008
IA		12.34		0.07		(4.35	)		(4.28	)		(0.06	)		(2.18	)		–		(2.24	)		5.82
IB		12.30		0.05		(4.33	)		(4.28	)		(0.04	)		(2.18	)		–		(2.22	)		5.80

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly. Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Per share amounts have been calculated using the average shares method.

(H) During the year ended December 31, 2010, the Fund incurred $89.7 million in purchases associated with the transition of assets from Hartford SmallCap Value HLS Fund, which merged into the Fund on July 30, 2010. These purchases were excluded from the portfolio turnover calculation.

(I) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

26

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	14.60	%(E)	$	348,919		0.84	%(F)		0.84	%(F)		0.59	%(F)		30	%
	14.46	(E)		116,387		1.09	(F)		1.09	(F)		0.33	(F)		–
	24.95			323,934		0.85			0.85			1.03			45
	24.64			112,996		1.10			1.10			0.79			–
	(8.56	)		341,583		0.83			0.83			0.57			43
	(8.79	)		116,563		1.08			1.08			0.32			–
	24.67			462,281		0.85			0.85			0.57			57	(H)
	24.36			163,498		1.10			1.10			0.30			–
	44.19	(I)		348,742		0.86			0.86			0.87			50
	43.83	(I)		145,920		1.11			1.11			0.62			–
	(40.21	)		301,896		0.81			0.81			0.82			51
	(40.36	)		128,483		1.06			1.06			0.57			–

27

Hartford MidCap Value HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

28

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HIFSCO. Mr. Meyer joined The Hartford in 2004.

29

Hartford MidCap Value HLS Fund

Directors and Officers (Unaudited) – (continued)

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

30

Hartford MidCap Value HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year		Days in the full year
Class IA	$	1,000.00	$	1,146.00	$	4.47	$	1,000.00	$	1,020.63	$	4.21		0.84	%		181		365
Class IB	$	1,000.00	$	1,144.60	$	5.80	$	1,000.00	$	1,019.39	$	5.46		1.09	%		181		365

31

Hartford MidCap Value HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Mid-cap Stock Risk: Mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

Value Investing Risk: Value investments are considered to be undervalued, but they may never attain their potential value. Value-style investing falls in and out of favor, which may result in periods of underperformance.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

32

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-MCV13 8-13 113548-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD MONEY MARKET HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Money Market HLS Fund

Table of Contents

Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	2
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	5
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	6
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	7
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	8
Notes to Financial Statements (Unaudited)	9
Financial Highlights (Unaudited)	16
Directors and Officers (Unaudited)	18
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	20
Quarterly Portfolio Holdings Information (Unaudited)	20
Expense Example (Unaudited)	21
Approval of Investment Sub-Advisory Agreement (Unaudited)	22
Principal Risks (Unaudited)	25

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

Hartford Money Market HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CERTIFICATES OF DEPOSIT - 14.6%
Finance and Insurance - 14.6%
		Commercial Banking - 9.0%
		Bank of Tokyo Mitsubishi Ltd.
$	19,400	0.24%, 09/04/2013	$	19,400
		Bank of Tokyo Mitsubishi UFJ Ltd. of New York
	19,500	0.24%, 07/08/2013		19,500
	19,250	0.28%, 07/23/2013		19,250
		Sumitomo Mitsui Banking Corp.
	24,000	0.23%, 08/06/2013		24,000
	24,000	0.24%, 07/09/2013		24,000
		Svenska Handelsbanken
	33,000	0.20%, 10/03/2013		33,000
	20,500	0.24%, 08/22/2013		20,500
				159,650
		Depository Credit Banking - 3.6%
		Bank of Nova Scotia
	26,000	0.17%, 10/09/2013		26,000
		Toronto-Dominion Bank New York
	39,000	0.28%, 07/26/2013 - 09/13/2013 Δ		39,000
				65,000
		International Trade Financing (Foreign Banks) - 2.0%
		Royal Bank of Canada
	35,000	0.33%, 07/30/2013 - 07/03/2014 Δ		35,000
		Total certificates of deposit
		(cost $259,650)	$	259,650
COMMERCIAL PAPER - 29.9%
Beverage and Tobacco Product Manufacturing - 1.8%
		Beverage Manufacturing - 1.8%
		Coca Cola Co.
$	13,600	0.10%, 08/22/2013	$	13,598
	18,000	0.14%, 07/15/2013		17,999
				31,597
Finance and Insurance - 18.7%
		Captive Auto Finance - 1.1%
		Toyota Motor Credit Corp.
	19,500	0.20%, 07/26/2013		19,497
		Commercial Banking - 9.2%
		Nordea Bank AB
	17,250	0.19%, 10/11/2013		17,241
	14,000	0.20%, 09/17/2013		13,994
		Nordea North America
	15,500	0.22%, 08/13/2013		15,496
		Old Line Funding LLC
	36,250	0.18%, 08/19/2013		36,241
		State Street Corp.
	40,750	0.17%, 09/09/2013		40,736
		U.S. Bank
	40,750	0.14%, 08/08/2013 - 09/10/2013		40,741
				164,449
		Depository Credit Banking - 2.6%
		Bank of Nova Scotia
	17,750	0.23%, 10/02/2013		17,739
		Toronto Dominion Bank
	13,000	0.15%, 09/18/2013		12,996
		Wells Fargo Bank NA
	14,500	0.15%, 08/19/2013		14,497
				45,232
		Nondepository Credit Banking - 3.9%
		General Electric Capital Corp.
	15,500	0.13%, 10/09/2013		15,494
	17,500	0.18%, 08/26/2013		17,495
	15,500	0.20%, 08/30/2013		15,495
		Toyota Motor Credit Corp.
	21,000	0.23%, 08/16/2013		20,994
				69,478
		Securities and Commodity Contracts and Brokerage - 1.9%
		JP Morgan Chase & Co.
	34,500	0.17%, 08/01/2013		34,495
				333,151
Health Care and Social Assistance - 4.4%
		Pharmaceutical and Medicine Manufacturing - 4.4%
		Abbott Laboratories
	18,500	0.13%, 07/16/2013 - 07/23/2013 ■		18,499
		Johnson & Johnson
	34,000	0.06%, 07/11/2013		33,999
		Merck & Co., Inc.
	26,000	0.12%, 09/23/2013		25,993
				78,491
Retail Trade - 2.5%
		Other General Merchandise Stores - 2.5%
		Wal-Mart Stores, Inc.
	45,000	0.06%, 07/01/2013 ■		45,000
Soap, Cleaning Compound and Toilet Manufacturing - 2.5%
		Soap, Cleaning Compound and Toilet Manufacturing - 2.5%
		Procter & Gamble Co.
	27,000	0.10%, 08/12/2013 ■		26,997
	17,000	0.10%, 09/05/2013		16,997
				43,994
		Total commercial paper
		(cost $532,233)	$	532,233
CORPORATE NOTES - 4.2%
Finance and Insurance - 4.2%
		Depository Credit Banking - 1.1%
		Wells Fargo Bank NA
$	10,000	0.32%, 07/18/2014 Δ	$	10,000
	10,250	0.37%, 07/22/2014 Δ		10,250
				20,250
		Insurance Carriers - 1.1%
		MetLife Global Funding I
	19,500	0.48%, 12/09/2013 ■ Δ		19,500
		International Trade Financing (Foreign Banks) - 1.1%
		International Bank for Reconstruction & Development
	19,250	0.11%, 09/24/2013		19,245

The accompanying notes are an integral part of these financial statements.

2

Shares or Principal Amount					Market Value ╪
CORPORATE NOTES - 4.2% - (continued)
Finance and Insurance - 4.2% - (continued)
		Securities and Commodity Contracts and Brokerage - 0.9%
		JP Morgan Chase Bank
$	15,500	0.35%, 06/06/2014 Δ			$	15,500
						74,495
		Total corporate notes
		(cost $74,495)			$	74,495
FOREIGN GOVERNMENT OBLIGATIONS - 7.5%
		Canada - 7.5%
		British Columbia (Province of)
$	24,000	0.09%, 09/12/2013			$	23,996
	29,000	0.11%, 09/05/2013				28,994
		Ontario (Province of)
	29,500	0.15%, 09/20/2013				29,490
		Quebec (Province of)
	24,000	0.14%, 10/10/2013				23,990
	27,000	0.16%, 09/16/2013				26,991
						133,461
		Total foreign government obligations
		(cost $133,461)			$	133,461
OTHER POOLS AND FUNDS - 0.0%
	1	JP Morgan U.S. Government Money Market Fund			$	1
		Total other pools and funds
		(cost $1)			$	1
REPURCHASE AGREEMENTS - 15.5%
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $10,000, collateralized by U.S. Treasury Note 0.25%, 2015, value of $10,200)
$	10,000	0.12% dated 06/28/2013			$	10,000
		RBS Greenwich Capital Markets TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $69,000, collateralized by U.S. Treasury Note 0.25% - 3.00%, 2014 - 2017, value of $70,384)
	69,000	0.08% dated 06/28/2013				69,000
		Royal Bank of Canada TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $138,900, collateralized by U.S. Treasury Bond 2.88%, 2043, U.S. Treasury Note 0.25% - 4.25%, 2015, value of $141,678)
	138,900	0.10% dated 06/28/2013				138,900
		UBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $59,050, collateralized by U.S. Treasury Bond 2.75%, 2042, value of $60,231)
	59,050	0.10% dated 06/28/2013				59,050
		Total repurchase agreements
		(cost $276,950)			$	276,950
U.S. GOVERNMENT AGENCIES - 10.1%
		FHLMC - 5.1%
$	44,750	0.07%, 09/12/2013 - 09/25/2013			$	44,743
	26,000	0.08%, 09/09/2013 ○				25,996
	19,250	0.13%, 08/05/2013				19,248
						89,987
		FNMA - 5.0%
	59,000	0.07%, 09/11/2013 - 09/16/2013				58,991
	30,000	0.13%, 07/31/2013				29,997
						88,988
		Total U.S. government agencies
		(cost $178,975)			$	178,975
U.S. GOVERNMENT SECURITIES - 17.5%
		Other Direct Federal Obligations - 5.0%
		FHLB
$	27,000	0.07%, 08/09/2013			$	26,998
	17,750	0.08%, 09/18/2013				17,747
	25,000	0.09%, 09/13/2013				24,996
	20,000	0.13%, 08/07/2013				19,997
						89,738
		U.S. Treasury Bills - 12.5%
	45,000	0.05%, 09/26/2013				44,995
	50,000	0.06%, 09/19/2013				49,993
	45,000	0.07%, 09/30/2013				45,006
	82,500	0.08%, 08/15/2013 - 10/15/2013				82,587
						222,581
		Total U.S. government securities
		(cost $312,319)			$	312,319
		Total investments
		(cost $1,768,084) ▲	99.3	%	$	1,768,084
		Other assets and liabilities	0.7	%		13,069
		Total net assets	100.0	%	$	1,781,153

The accompanying notes are an integral part of these financial statements.

3

Hartford Money Market HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

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 U.S. dollar denominated securities of foreign issuers represents 18.9% of total net assets at June 30, 2013.

▲ Also represents cost for tax purposes.

Δ Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2013.

○ The interest rate disclosed for these securities represents the effective yield on the date of the acquisition.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $109,996, which represents 6.2% of total net assets.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)

Other Abbreviations:
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association

Diversification by Security Type

as of June 30, 2013 

Category	Percentage of Net Assets
Certificates of Deposit		14.6	%
Commercial Paper		29.9
Corporate Notes		4.2
Foreign Government Obligations		7.5
Other Pools and Funds		0.0
Repurchase Agreements		15.5
U.S. Government Agencies		10.1
U.S. Government Securities		17.5
Other Assets and Liabilities		0.7
Total		100.0	%

The accompanying notes are an integral part of these financial statements.

4

Hartford Money Market HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Certificates of Deposit	$	259,650	$	–	$	259,650	$	–
Commercial Paper		532,233		–		532,233		–
Corporate Notes		74,495		–		74,495		–
Foreign Government Obligations		133,461		–		133,461		–
Other Pools and Funds		1		1		–		–
Repurchase Agreements		276,950		–		276,950		–
U.S. Government Agencies		178,975		–		178,975		–
U.S. Government Securities		312,319		–		312,319		–
Total	$	1,768,084	$	1	$	1,768,083	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

The accompanying notes are an integral part of these financial statements.

5

Hartford Money Market HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $1,491,134)	$	1,491,134
Investments in repurchase agreements, at market value (cost $276,950)		276,950
Receivables:
Fund shares sold		17,556
Dividends and interest		330
Other assets		93
Total assets		1,786,063
Liabilities:
Bank overdraft		—
Payables:
Fund shares redeemed		4,703
Investment management fees		116
Distribution fees		10
Accrued expenses		81
Total liabilities		4,910
Net assets	$	1,781,153
Summary of Net Assets:
Capital stock and paid-in-capital	$	1,781,153
Net assets	$	1,781,153
Shares authorized		14,000,000
Par value	$	0.001
Class IA:  Net asset value per share	$	1.00
Shares outstanding		1,541,725
Net assets	$	1,541,725
Class IB:  Net asset value per share	$	1.00
Shares outstanding		239,428
Net assets	$	239,428

The accompanying notes are an integral part of these financial statements.

6

Hartford Money Market HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Interest		1,454
Total investment income, net		1,454
Expenses:
Investment management fees		3,525
Transfer agent fees		1
Custodian fees		5
Accounting services fees		88
Board of Directors' fees		26
Audit fees		11
Other expenses		98
Total expenses (before waivers)		3,754
Expense waivers		(2,300	)
Total waivers		(2,300	)
Total expenses, net		1,454
Net Investment Income		—
Net Increase in Net Assets Resulting from Operations	$	—

The accompanying notes are an integral part of these financial statements.

7

Hartford Money Market HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31,  2012
Operations:
Net investment loss	$	—		$	(5	)
Net realized gain on investments		—			5
Net Increase in Net Assets Resulting from Operations		—			—
Capital Share Transactions:
Class IA
Sold		717,782			1,183,777
Redeemed		(779,714	)		(1,550,432	)
Total capital share transactions		(61,932	)		(366,655	)
Class IB
Sold		85,384			156,549
Redeemed		(118,421	)		(260,732	)
Total capital share transactions		(33,037	)		(104,183	)
Net decrease from capital share transactions		(94,969	)		(470,838	)
Net Decrease in Net Assets		(94,969	)		(470,838	)
Net Assets:
Beginning of period		1,876,122			2,346,960
End of period	$	1,781,153		$	1,876,122
Undistributed (distribution in excess of) net investment income	$	—		$	—
Shares:
Class IA
Sold		717,782			1,183,777
Redeemed		(779,714	)		(1,550,432	)
Total share activity		(61,932	)		(366,655	)
Class IB
Sold		85,384			156,549
Redeemed		(118,421	)		(260,732	)
Total share activity		(33,037	)		(104,183	)

The accompanying notes are an integral part of these financial statements.

8

Hartford Money Market HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Money Market HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation – The Fund’s investments are valued at amortized cost, which approximates market value. Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund as determined on the Valuation Date.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable

9

Hartford Money Market HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Realized gains and losses are determined on the basis of identified cost.

Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

10

d) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. Normally, dividends from net investment income are declared daily and paid monthly. Dividends from realized capital gains, if any, are paid at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments and short-term capital gain adjustments. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 5% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid

11

Hartford Money Market HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. As of June 30, 2013, the Fund had no outstanding when-issued or delayed-delivery investments.

4. Principal Risks:

a) Credit and Counterparty Risks – Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. Similar to credit risk, the Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The Fund’s investments expose the Fund to various risks including, but not limited to, interest rate risk. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the value of certain fixed income securities held by the Fund is likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate.

5. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a Regulated Investment Company (“RIC”) 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments and short-term capital gain adjustments. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund. No distributions were made in the current or prior year.

12

c) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, Passive Foreign Investment Companies, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	5
Accumulated Net Realized Gain (Loss)		(5	)

d) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

The Fund had no capital loss carryforward for U.S. federal income tax purposes as of December 31, 2012.

e) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

6. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Hartford Investment Management Company (“Hartford Investment Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Hartford Investment Management.

13

Hartford Money Market HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first  $5 billion		0.4000	%
On next $5 billion		0.3800	%
Over $10 billion		0.3700	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All Assets		0.010	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

The Investment Manager has agreed to reimburse expenses or waive fees to the extent necessary to prevent earnings from falling below the level of expenses. Any such expense reimbursement or waiver is voluntary and can be changed or terminated at any time without notice. There is no guarantee that the Fund will maintain a $1.00 net asset value per share or any particular level of yield.

d) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

At a meeting held on February 4, 2009, the Board of Directors approved the temporary reduction of distribution and service fees under the Fund’s 12b-1 Plan of Distribution to zero for Class IB for a period of six months, effective March 1, 2009. The Board of Directors has extended the reduction of payment of distribution and service fees until on or about October 21, 2013, the conversion date to the Hartford Ultrashort Bond HLS Fund (see Note 9). The Fund’s action results in a corresponding temporary reduction of 12b-1 payments of amounts paid to financial intermediaries by the Fund’s distributor to zero for Class IB during this time period. The Board of Directors’ action can be changed at any time.

e) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $1. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a

14

per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

7. Investment Transactions:

For the six-month period ended June 30, 2013, the costs of purchases and sales of securities (including U.S. Government Obligations) for the Fund were $50,489,649 and $50,606,844, respectively.

8. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

9. Subsequent Events:

At a meeting of the Board of Directors of Hartford Series Fund, Inc. on June 18, 2013, the Board approved certain changes to the Fund, which is currently managed as a money market fund seeking to maintain a stable $1.00 NAV per share. Specifically, the Board approved, among other things, changes to the Fund’s name, investment objective and principal investment strategy. Effective on or about October 21, 2013, the Fund will: (1) cease to operate as a money market fund; (2) no longer seek to maintain a stable $1.00 NAV per share; and (3) be renamed the Hartford Ultrashort Bond HLS Fund and be managed as an ultra-short bond fund. Additionally, as of that same date, Wellington Management Company, LLP will replace Hartford Investment Management as the Fund’s sub-adviser.

10. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

15

Hartford Money Market HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class

Net Asset Value at Beginning of Period

Net Investment Income (Loss)

Net Realized and Unrealized Gain (Loss) on Investments

Total from Investment Operations

Dividends from Net Investment Income

Distributions from Realized Capital Gains

Distributions from Capital

Total Distributions

Net Asset Value at End of Period

For the Six-Month Period Ended June 30, 2013 (Unaudited)

IA

$

1.00

$

–

$

–

$

–

$

–

$

–

$

–

$

–

$

1.00

IB

1.00

–

–

–

–

–

–

–

1.00

For the Year Ended December 31, 2012

IA

1.00

–

–

–

–

–

–

–

1.00

IB

1.00

–

–

–

–

–

–

–

1.00

For the Year Ended December 31, 2011

IA

1.00

–

–

–

–

–

–

–

1.00

IB

1.00

–

–

–

–

–

–

–

1.00

For the Year Ended December 31, 2010

IA

1.00

–

–

–

–

–

–

–

1.00

IB

1.00

–

–

–

–

–

–

–

1.00

For the Year Ended December 31, 2009

IA

1.00

–

–

–

–

–

–

–

1.00

IB

1.00

–

–

–

–

–

–

–

1.00

For the Year Ended December 31, 2008

IA

1.00

0.02

–

0.02

(0.02

)

–

–

(0.02

)

1.00

IB

1.00

0.02

–

0.02

(0.02

)

–

–

(0.02

)

1.00

(A)	Information presented relates to a share outstanding throughout the indicated period.
(B)	The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.
(C)	Not annualized.
(D)	Annualized.

16

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers			Ratio of Expenses to Average Net Assets After Waivers			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate
	–	%(C)	$	1,541,725		0.43	%(D)		0.17	%(D)		–	%(D)		N/A
	–	(C)		239,428		0.43	(D)		0.17	(D)		–	(D)		–
	–			1,603,657		0.42			0.18			–			N/A
	–			272,464		0.42			0.18			–			–
	–			1,970,312		0.42			0.16			–			N/A
	–			376,648		0.42			0.16			–			–
	–			2,086,014		0.43			0.22			–			N/A
	–			419,519		0.43			0.22			–			–
	0.06			2,820,121		0.48			0.32			0.02			N/A
	0.05			548,134		0.53			0.34			0.00			–
	2.15			4,427,230		0.47			0.42			2.01			N/A
	1.89			774,432		0.72			0.67			1.80			–

17

Hartford Money Market HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

18

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

19

Hartford Money Market HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

20

Hartford Money Market HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,000.00	$	0.84	$	1,000.00	$	1,023.95	$	0.85		0.17	%	181	365
Class IB	$	1,000.00	$	1,000.00	$	0.84	$	1,000.00	$	1,023.95	$	0.85		0.17	%	181	365

21

Hartford Money Market HLS Fund

Approval of Investment Sub-Advisory Agreement (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 (the “Independent Directors”), initially approve, and annually review and consider the continuation of, the mutual fund’s investment advisory and sub-advisory agreements. At its meeting held on June 18-19, 2013, the Board of Directors (the “Board”) of Hartford Series Fund, Inc., including each of the Independent Directors, unanimously voted to approve an investment sub-advisory agreement (the “Agreement”) for Hartford Money Market HLS Fund (the “Fund”) between Hartford Funds Management Company, LLC (“HFMC”), the Fund’s investment manager, and Wellington Management Company, LLP (“Wellington Management”). In connection with the approval of the Agreement, the Board also approved at its June 2013 meeting certain changes to the Fund. Specifically, the Board approved, among other things, changes to the Fund’s name, investment objective and principal investment strategy so that the Fund will: (1) cease to operate as a money market fund; (2) no longer seek to maintain a stable $1.00 net asset value per share; and (3) be renamed Hartford Ultrashort Bond HLS Fund and be managed as an ultra-short bond fund. In connection with these changes, Wellington Management will replace Hartford Investment Management Company (“Hartford Investment Management”) as the Fund’s sub-adviser.

Prior to approving the Agreement, the Board reviewed written responses from HFMC and Wellington Management 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 an in-person presentation from Fund officers and representatives of HFMC about the proposal to replace Hartford Investment Management with Wellington Management. The Board’s Investment Committee also met in person with members of the proposed portfolio management team for the Fund regarding the capabilities of Wellington Management and the associated benefits to the Fund and its shareholders. In addition, the Board had received information with respect to Wellington Management in connection with the Board’s consideration of the re-approval of Wellington Management as the sub-adviser to certain other Hartford-sponsored funds at the Board’s August 2013 meeting and in connection with the Board’s approval of Wellington Management as the sub-adviser to certain additional Hartford-sponsored funds at other recent meetings.

In determining whether to approve the Agreement for the Fund, the members of the Board reviewed and evaluated information and factors they believed to be relevant and appropriate in light of the information that the Board deemed necessary and appropriate through the exercise of its reasonable business judgment. While individual members of the Board may have weighed certain factors differently, the Board’s determination to approve the Agreement was based on a comprehensive consideration of all information provided to the Board with respect to the approval of the Agreement. A more detailed discussion of the factors the Board considered with respect to its approval of the Agreement is provided below.

Nature, Extent, and Quality of Services to be Provided by Wellington Management

The Board requested and considered information concerning the nature, extent, and quality of the services to be provided to the Fund by Wellington Management. The Board considered, among other things, the terms of the Agreement, the range of services to be provided, and Wellington Management’s organizational structure, systems and personnel. The Board also considered Wellington Management’s reputation and overall financial strength, and the Board’s past experience with Wellington Management as sub-adviser for other Hartford-sponsored funds. The Board considered the terms of the “preferred partnership” arrangement pursuant to which Wellington Management serves as the preferred sub-adviser to the Hartford-sponsored funds, including the benefits of the arrangement for the Fund and other Hartford-sponsored funds.

With respect to Wellington Management’s fixed income capabilities, the Board considered that HFMC believes that Wellington Management is a high quality manager with greater depth and breadth relative to Hartford Investment Management, the Fund’s current sub-adviser, and other peer advisory firms and that Wellington Management has strong investment capabilities with expertise across various investment disciplines. The Board also considered Wellington Management’s global capabilities across various asset classes, including the number and geographic locations of Wellington Management’s investment personnel. The Board noted that Wellington Management is focused entirely on third-party asset management and has experience managing assets in short duration fixed income mandates, including short, ultra-short and money market mandates. In addition, the Board considered Wellington Management’s income-oriented approach, with risk managed at the security, sector, and portfolio level to avoid downside mistakes emphasizing fundamental research.

With respect to the day-to-day portfolio management services to be provided by Wellington Management, the Board considered the Investment Committee’s meeting with members of the proposed portfolio management team, and Wellington Management’s

22

investment philosophy and process, investment research capabilities and resources, performance record, trade execution capabilities and experience. The Board also considered the experience of the proposed portfolio management team.

The Board also considered information previously provided by HFMC and Wellington Management regarding Wellington Management’s compliance policies and procedures and compliance history, including a representation from HFMC that the written compliance policies and procedures of Wellington Management are reasonably designed to prevent violations of the federal securities laws.

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 Agreement, but also the Board’s experience through past interactions with 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 Wellington Management.

Performance of Wellington Management

The Board considered the investment performance of Wellington Management and its portfolio management team, including, for purposes of considering the investment skill and experience of the Fund’s proposed portfolio managers, composite performance of a Wellington Management strategy that is substantially similar to the Fund’s proposed investment strategy. HFMC 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 it was satisfied that Wellington Management has the capability of providing satisfactory investment performance for the Fund.

Costs of the Services and Profitability of HFMC and Wellington Management

The Board reviewed information regarding HFMC’s cost to provide investment management and related services to the Fund and the estimated profitability to HFMC and its affiliates from all services provided to the Fund and all aspects of their relationships with the Fund both under the sub-advisory arrangement with Hartford Investment Management and assuming implementation of the Agreement with Wellington Management. The Board also requested and received information relating to the operations and profitability of Wellington Management.

Based on these considerations, the Board concluded that the profits anticipated to be realized by HFMC, Wellington Management and their affiliates from their relationships with the Fund would not be excessive.

Comparison of Fees and Services

With respect to the sub-advisory fee schedule to be paid to Wellington Management by HFMC in respect of the Fund, the Board considered comparative information with respect to the sub-advisory fees to be paid by HFMC to Wellington Management. The Board also considered information provided by Wellington Management to the Investment Committee of the Board about the quality of services to be performed for the Fund and Wellington Management’s investment philosophy. In addition, the Board considered HFMC’s representation that it had negotiated Wellington Management’s fees at arm’s length.

The Board noted that HFMC, not the Fund, would pay the sub-advisory fees to Wellington Management. The Board also considered HFMC’s assertion that ultra-short funds generally charge higher fees than money market funds, and noted that Management had not recommended any changes to the management fee paid by the Fund to HFMC in connection with the changes to the Fund’s name, investment objective and principal investment strategy.

Based on these considerations, the Board concluded that the Fund’s proposed sub-advisory fees, in conjunction with the information about quality of services, profitability, economies of scale, and other matters discussed, were reasonable in light of the services to be provided.

23

Hartford Money Market HLS Fund

Approval of Investment Sub-Advisory Agreement – (continued)

Economies of Scale

The Board considered the extent to which economies of scale would be realized as the Fund grows and whether the fee levels reflect these economies of scale for the benefit of the Fund’s shareholders. The Board reviewed the breakpoints in the management fee schedule for the Fund, which reduce fee rates as Fund assets grow over time.

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 shareholders based on currently available information and the effective advisory fees and expense ratios for the Fund at its current and reasonably anticipated asset levels. 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 Agreement and the investment management agreement between the Fund and HFMC.

Other Benefits

The Board considered other benefits to Wellington Management and its affiliates from their relationships with the Fund. The Board also considered the benefits, if any, to Wellington Management from any use of the Fund’s brokerage commissions to obtain soft dollar research, and representations previously received from HFMC and Wellington Management that Wellington Management would not make any revenue-sharing payments or any other type of distribution payments to any of the Fund’s distributors or their affiliates.

* * * *

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 Agreement. In reaching this decision, the Board did not assign relative weights to the factors discussed above or deem any one or group of them to be controlling in and of themselves. In connection with their deliberations, the Independent Directors met separately in executive session with independent legal counsel to review the relevant materials and consider their responsibilities under relevant laws and regulations.

24

Hartford Money Market HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

FDIC Disclosure: Money market funds are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.

NAV Risk: Although the Fund seeks to preserve the value of the investment at $1.00 per share, it is possible to lose money by investing in the Fund. There can be no guarantee that the Fund will achieve or maintain any particular level of yield.

Market and Selection Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform compared to the market or relevant benchmarks.

Fixed Income Risk: The Fund is subject to interest rate risk (the risk that the value of an investment decreases when interest rates rise) and credit risk (the risk that the issuing company of a security is unable to pay interest and principal when due). These risks also apply to the Fund’s investments in U.S. government securities, which may not be guaranteed by the U.S. government.

Foreign Debt Risk (Money Market): Investments in foreign money market securities may be riskier than investments in U.S. securities.

25

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-MM13 8-13 113549-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD PORTFOLIO DIVERSIFIER HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Portfolio Diversifier HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	22
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	23
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	24
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	25
Notes to Financial Statements (Unaudited)	26
Financial Highlights (Unaudited)	38
Directors and Officers (Unaudited)	40
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	42
Quarterly Portfolio Holdings Information (Unaudited)	42
Expense Example (Unaudited)	43
Principal Risks (Unaudited)	44

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Portfolio Diversifier HLS Fund inception 06/06/2011

(sub-advised by Hartford Investment Management Company)

Investment objective – Seeks to produce investment performance that mitigates against significant declines in the aggregate value of investment allocations to equity mutual funds under certain variable annuity contracts, while also preserving the potential for modest appreciation in the Fund’s net asset value when markets are appreciating.

Performance Overview 6/06/11 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IB.

Average Annual Total Returns (as of 6/30/13)  

	6 Month†		1 Year		Since Inception▲
Portfolio Diversifier IB		-7.87%		-10.47%		-6.42%
Barclays U.S. Aggregate Bond Index		-2.44%		-0.68%		2.98%
S&P 500 Index		13.82%		20.58%		13.82%

†	Not Annualized
▲	Inception: 06/06/2011

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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

As of the Fund’s current prospectus dated May 1, 2013, the net total annual operating expense ratio for Class IB shares was 0.85%, and the gross total annual operating expense ratio for Class IB shares was 0.91%. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

Net operating expenses are the expenses paid to own the Fund. If the net operating expenses shown are lower than the gross operating expenses, then the net operating expenses reflect contractual fee waivers and expense reimbursements that may not be renewed. Contractual waivers or reimbursements remain in effect until April 30, 2014, and automatically renew for one-year terms unless terminated by the Fund’s investment adviser (Hartford Funds Management Company, LLC), or upon approval of the Board of Directors of the Fund. For more information about the fee arrangement and expiration dates, please see the expense table in the prospectus.

Gross operating expenses shown are before management fee waivers or expense caps. Performance information may reflect historical or current expense waivers or reimbursements, without which, performance would have been lower. For more information on fee waivers and/or expense reimbursements, please see the expense table in the prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Portfolio Diversifier HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Paul Bukowski, CFA	James Ong, CFA
Executive Vice President and Head of Quantitative Equities	Vice President

How did the Fund perform?

The Class IB Shares of the Hartford Portfolio Diversifier HLS Fund returned -7.87% for the six-month period ended June 30, 2013, compared to the returns of the Barclays U.S. Aggregate Bond Index which returned -2.44% and the S&P 500 Index which returned 13.82% for the same period.

Why did the Fund perform this way?

The Fund performed in line with expectations. The Fund generally invests in securities which increase in value as the S&P 500 Index declines (protection), and securities which are expected to approximate the performance of the Barclays U.S. Aggregate Bond and S&P 500 Indices.

Overall the Fund declined in value as it is designed to achieve performance generally “contra” to that of the S&P 500 which posted strong performance appreciating nearly 14% during the first half of the year. The Fund’s protection securities, short S&P futures and a modest long term S&P put position, declined in value by approximately 18%, which provided a head wind (i.e. negative impact) to performance during the first half of the year. The derivative sleeve is designed to have negative returns when the S&P 500 has positive returns. The fixed income sleeve also provided a headwind to Fund performance as it declined over 2%.

What is your outlook?

The equity market (S&P 500 Index) markedly slowed its pace rising 2.9% during the second quarter after returning 10.6% during the first quarter of 2013. With year-over-year earnings growth of 4.5% during the first quarter and expectations for second quarter growth of around 3%, the market seems more aligned with fundamentals. This is unlike the first quarter, when most of the return seems to have come from an increase in the price to earnings multiple, which in turn was driven by fading macroeconomic concerns. However, as evidenced by the market’s reaction in June to the Federal Reserve’s (Fed) hint of ending its bond buying, the market is walking on egg shells and still quite skeptical of fundamentals.

Given these conditions, looking forward over the next quarter we see a tight market price range as the most likely scenario. We see earnings and revenues growing at a tepid pace; slowly building confidence in the economic recovery. Much of the extreme skepticism in the market seems to have been released in the first quarter price to earnings multiple expansion and we believe that the market now seems to have a more “healthy” skepticism of fundamentals. The greatest risk we see to this scenario is a Fed policy change. Another risk is that earnings, sales, and other fundamental factors come in much better or worse than we expect.  

Distribution by Credit Quality
as of June 30, 2013
Credit Rating *	Percentage of Net Assets
Aaa / AAA		1.4	%
Aa / AA		1.1
A		4.3
Baa / BBB		4.1
Ba / BB		0.2
Unrated		0.0
U.S. Government Agencies and Securities		59.8
Non-Debt Securities and Other Short-Term Instruments		32.1
Other Assets & Liabilities		(3.0	)
Total		100.0	%

* Does not apply to the Fund itself. Based upon Moody’s and S&P long-term credit ratings for the Fund’s holdings as of the date noted. If Moody's and S&P assign different ratings to a holding, the lower rating is used. "Unrated" includes fixed-income securities (other than cash-like short-term instruments and U.S. Government securities) for which Moody’s and S&P have not issued long-term credit ratings.

3

Hartford Portfolio Diversifier HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

Diversification by Industry
as of June 30, 2013
Industry (Sector)	Percentage of Net Assets
Equity Securities
Automobiles and Components (Consumer Discretionary)		0.2	%
Banks (Financials)		0.6
Capital Goods (Industrials)		1.5
Commercial and Professional Services (Industrials)		0.1
Consumer Durables and Apparel (Consumer Discretionary)		0.2
Consumer Services (Consumer Discretionary)		0.4
Diversified Financials (Financials)		1.4
Energy (Energy)		2.1
Food and Staples Retailing (Consumer Staples)		0.5
Food, Beverage and Tobacco (Consumer Staples)		1.1
Health Care Equipment and Services (Health Care)		0.9
Household and Personal Products (Consumer Staples)		0.5
Insurance (Financials)		0.9
Materials (Materials)		0.6
Media (Consumer Discretionary)		0.8
Other Investment Pools and Funds (Financials)		0.3
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		1.7
Real Estate (Financials)		0.4
Retailing (Consumer Discretionary)		0.9
Semiconductors and Semiconductor Equipment (Information Technology)		0.4
Software and Services (Information Technology)		1.9
Technology Hardware and Equipment (Information Technology)		1.2
Telecommunication Services (Services)		0.6
Transportation (Industrials)		0.3
Utilities (Utilities)		0.7
Total		20.2	%
Fixed Income Securities
Administrative Waste Management and Remediation (Services)		0.0	%
Airport Revenues (Airport Revenues)		0.0
Arts, Entertainment and Recreation (Services)		0.4
Beverage and Tobacco Product Manufacturing (Consumer Staples)		0.3
Chemical Manufacturing (Basic Materials)		0.2
Computer and Electronic Product Manufacturing (Technology)		0.3
Construction (Consumer Cyclical)		0.0
Couriers and Messengers (Services)		0.0
Educational Services (Services)		0.0
Electrical Equipment and Appliance Manufacturing (Technology)		0.1
Finance and Insurance (Finance)		4.5
Food Manufacturing (Consumer Staples)		0.2
Food Services (Consumer Cyclical)		0.0
General Obligations (General Obligations)		0.1
Health Care and Social Assistance (Health Care)		0.6
Higher Education (Univ., Dorms, etc.) (Higher Education (Univ., Dorms, etc.))		0.0
Information (Technology)		0.7
Machinery Manufacturing (Capital Goods)		0.1
Mining (Basic Materials)		0.3
Miscellaneous (Miscellaneous)		0.0
Miscellaneous Manufacturing (Capital Goods)		0.2
Motor Vehicle and Parts Manufacturing (Consumer Cyclical)		0.0
Other Services (Services)		0.0
Paper Manufacturing (Basic Materials)		0.1
Petroleum and Coal Products Manufacturing (Energy)		0.8
Pipeline Transportation (Utilities)		0.2
Primary Metal Manufacturing (Basic Materials)		0.0
Professional, Scientific and Technical Services (Services)		0.1
Public Administration (Services)		0.0
Rail Transportation (Transportation)		0.1
Real Estate, Rental and Leasing (Finance)		0.1
Retail Trade (Consumer Cyclical)		0.3
Soap, Cleaning Compound and Toilet Manufacturing (Consumer Staples)		0.0
Transportation (Transportation)		0.1
Transportation Equipment Manufacturing (Transportation)		0.0
Utilities (Utilities)		0.5
Utilities - Electric (Utilities - Electric)		0.0
Utilities - Water and Sewer (Utilities - Water and Sewer)		0.0
Wholesale Trade (Consumer Cyclical)		0.0
Total		10.3	%
Foreign Government Obligations		0.8	%
Put Options Purchased		2.1
U.S. Government Agencies		12.5
U.S. Government Securities		15.5
Short-Term Investments		41.6
Other Assets and Liabilities		(3.0	)
Total		100.0	%

4

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 19.9%
		Automobiles and Components - 0.2%
	1	BorgWarner, Inc. ●	$	56
	2	Delphi Automotive plc		83
	22	Ford Motor Co.		341
	4	General Motors Co. ●		144
	1	Goodyear (The) Tire & Rubber Co. ●		21
	1	Harley-Davidson, Inc.		69
	4	Johnson Controls, Inc.		137
				851
		Banks - 0.6%
	4	BB&T Corp.		133
	1	Comerica, Inc.		42
	5	Fifth Third Bancorp		89
	3	Hudson City Bancorp, Inc.		24
	5	Huntington Bancshares, Inc.		37
	5	KeyCorp		57
	1	M&T Bank Corp.		77
	2	People's United Financial, Inc.		28
	3	PNC Financial Services Group, Inc.		216
	8	Regions Financial Corp.		76
	3	SunTrust Banks, Inc.		95
	10	US Bancorp		375
	28	Wells Fargo & Co.		1,140
	1	Zions Bancorporation		30
				2,419
		Capital Goods - 1.5%
	4	3M Co.		389
	4	Boeing Co.		392
	4	Caterpillar, Inc.		304
	1	Cummins, Inc.		107
	3	Danaher Corp.		207
	2	Deere & Co.		177
	1	Dover Corp.		75
	3	Eaton Corp. plc		175
	4	Emerson Electric Co.		220
	2	Fastenal Co.		69
	1	Flowserve Corp.		43
	1	Fluor Corp.		54
	2	General Dynamics Corp.		146
	58	General Electric Co.		1,345
	4	Honeywell International, Inc.		350
	2	Illinois Tool Works, Inc.		161
	2	Ingersoll-Rand plc		87
	1	Jacobs Engineering Group, Inc. ●		40
	1	Joy Global, Inc.		29
	1	L-3 Communications Holdings, Inc.		43
	1	Lockheed Martin Corp.		162
	2	Masco Corp.		39
	1	Northrop Grumman Corp.		109
	2	PACCAR, Inc.		106
	1	Pall Corp.		42
	1	Parker-Hannifin Corp.		80
	1	Pentair Ltd.		66
	1	Precision Castparts Corp.		186
	1	Quanta Services, Inc. ●		32
	2	Raytheon Co.		120
	1	Rockwell Automation, Inc.		65
	1	Rockwell Collins, Inc.		48
	1	Roper Industries, Inc.		69
	—	Snap-On, Inc.		29
	1	Stanley Black & Decker, Inc.		70
	2	Textron, Inc.		41
	5	United Technologies Corp.		441
	—	W.W. Grainger, Inc.		84
	1	Xylem, Inc.		28
				6,230
		Commercial and Professional Services - 0.1%
	1	ADT (The) Corp.		49
	1	Avery Dennison Corp.		24
	1	Cintas Corp.		27
	—	Dun & Bradstreet Corp.		22
	1	Equifax, Inc. ●		40
	1	Iron Mountain, Inc.		25
	1	Pitney Bowes, Inc.		17
	2	Republic Services, Inc.		56
	1	Robert Half International, Inc.		26
	—	Stericycle, Inc. ●		53
	3	Tyco International Ltd.		86
	2	Waste Management, Inc.		99
				524
		Consumer Durables and Apparel - 0.2%
	2	Coach, Inc.		90
	2	D.R. Horton, Inc.		33
	—	Fossil Group, Inc. ●		31
	1	Garmin Ltd.		22
	—	Harman International Industries, Inc.		21
	1	Hasbro, Inc.		29
	1	Leggett & Platt, Inc.		25
	1	Lennar Corp.		33
	2	Mattel, Inc.		88
	2	Newell Rubbermaid, Inc.		42
	4	NIKE, Inc. Class B		259
	2	Pulte Group, Inc. ●		36
	—	PVH Corp.		57
	—	Ralph Lauren Corp.		59
	—	V.F. Corp.		95
	—	Whirlpool Corp.		51
				971
		Consumer Services - 0.4%
	2	Carnival Corp.		85
	—	Chipotle Mexican Grill, Inc. ●		63
	1	Darden Restaurants, Inc.		37
	2	H & R Block, Inc.		42
	1	International Game Technology		24
	1	Marriott International, Inc. Class A		54
	6	McDonald's Corp.		557
	4	Starbucks Corp.		275
	1	Starwood Hotels & Resorts, Inc.		69
	1	Wyndham Worldwide Corp.		44
	—	Wynn Resorts Ltd.		57
	3	Yum! Brands, Inc.		175
				1,482
		Diversified Financials - 1.4%
	5	American Express Co.		401
	1	Ameriprise Financial, Inc.		91
	60	Bank of America Corp.		777
	7	Bank of New York Mellon Corp.		183
	1	BlackRock, Inc.		180
	3	Capital One Financial Corp.		206

The accompanying notes are an integral part of these financial statements.

5

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 19.9% - (continued)
		Diversified Financials - 1.4% - (continued)
	6	Charles Schwab Corp.	$	131
	17	Citigroup, Inc.		819
	2	CME Group, Inc.		131
	3	Discover Financial Services, Inc.		131
	2	E*Trade Financial Corp. ●		20
	1	Franklin Resources, Inc.		105
	2	Goldman Sachs Group, Inc.		366
	—	IntercontinentalExchange, Inc. ●		73
	2	Invesco Ltd.		79
	21	JP Morgan Chase & Co.		1,119
	1	Legg Mason, Inc.		19
	2	Leucadia National Corp.		43
	1	Moody's Corp.		66
	8	Morgan Stanley		188
	1	Nasdaq OMX Group, Inc.		22
	1	Northern Trust Corp.		71
	1	NYSE Euronext		56
	2	SLM Corp.		57
	3	State Street Corp.		167
	1	T. Rowe Price Group, Inc.		106
				5,607
		Energy - 2.1%
	3	Anadarko Petroleum Corp.		242
	2	Apache Corp.		184
	2	Baker Hughes, Inc.		114
	1	Cabot Oil & Gas Corp.		84
	1	Cameron International Corp. ●		85
	3	Chesapeake Energy Corp.		59
	11	Chevron Corp.		1,287
	7	ConocoPhillips Holding Co.		415
	1	Consol Energy, Inc.		35
	2	Denbury Resources, Inc. ●		36
	2	Devon Energy Corp.		110
	—	Diamond Offshore Drilling, Inc.		27
	1	Ensco plc		76
	2	EOG Resources, Inc.		201
	1	EQT Corp.		67
	25	Exxon Mobil Corp.		2,253
	1	FMC Technologies, Inc. ●		74
	5	Halliburton Co.		218
	1	Helmerich & Payne, Inc.		37
	2	Hess Corp.		111
	4	Kinder Morgan, Inc.		135
	4	Marathon Oil Corp.		138
	2	Marathon Petroleum Corp.		130
	1	Murphy Oil Corp.		62
	2	Nabors Industries Ltd.		25
	2	National Oilwell Varco, Inc.		165
	1	Newfield Exploration Co. ●		18
	1	Noble Corp.		53
	2	Noble Energy, Inc.		121
	5	Occidental Petroleum Corp.		403
	2	Peabody Energy Corp.		22
	3	Phillips 66		205
	1	Pioneer Natural Resources Co.		111
	1	QEP Resources, Inc.		28
	1	Range Resources Corp.		71
	1	Rowan Cos. plc Class A ●		24
	7	Schlumberger Ltd.		534
	2	Southwestern Energy Co. ●		72
	4	Spectra Energy Corp.		129
	1	Tesoro Corp.		40
	3	Valero Energy Corp.		106
	4	Williams Cos., Inc.		124
	1	WPX Energy, Inc. ●		21
				8,452
		Food and Staples Retailing - 0.5%
	2	Costco Wholesale Corp.		271
	7	CVS Caremark Corp.		392
	3	Kroger (The) Co.		101
	1	Safeway, Inc.		32
	3	Sysco Corp.		114
	5	Walgreen Co.		214
	9	Wal-Mart Stores, Inc.		684
	2	Whole Foods Market, Inc.		99
				1,907
		Food, Beverage and Tobacco - 1.1%
	11	Altria Group, Inc.		394
	4	Archer-Daniels Midland Co.		125
	1	Beam, Inc.		57
	1	Brown-Forman Corp.		58
	1	Campbell Soup Co.		45
	21	Coca-Cola Co.		862
	1	Coca-Cola Enterprises, Inc.		51
	2	ConAgra Foods, Inc.		82
	1	Constellation Brands, Inc. Class A ●		45
	1	Dr. Pepper Snapple Group		53
	4	General Mills, Inc.		175
	1	Hershey Co.		75
	1	Hormel Foods Corp.		29
	1	J.M. Smucker Co.		62
	1	Kellogg Co.		91
	3	Kraft Foods Group, Inc.		186
	2	Lorillard, Inc.		93
	1	McCormick & Co., Inc.		52
	1	Mead Johnson Nutrition Co.		90
	1	Molson Coors Brewing Co.		42
	10	Mondelez International, Inc.		286
	1	Monster Beverage Corp. ●		49
	9	PepsiCo, Inc.		709
	9	Philip Morris International, Inc.		794
	2	Reynolds American, Inc.		86
	2	Tyson Foods, Inc. Class A		41
				4,632
		Health Care Equipment and Services - 0.9%
	9	Abbott Laboratories		305
	2	Aetna, Inc.		135
	1	AmerisourceBergen Corp.		72
	—	Bard (C.R.), Inc.		46
	3	Baxter International, Inc.		210
	1	Becton, Dickinson & Co.		108
	8	Boston Scientific Corp. ●		70
	2	Cardinal Health, Inc.		90
	1	CareFusion Corp. ●		45
	1	Cerner Corp. ●		79
	2	CIGNA Corp.		116
	3	Covidien plc		166
	—	DaVita HealthCare Partners, Inc. ●		57

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 19.9% - (continued)
		Health Care Equipment and Services - 0.9% - (continued)
	1	Dentsply International, Inc.	$	33
	1	Edwards Lifesciences Corp. ●		43
	5	Express Scripts Holding Co. ●		282
	1	Humana, Inc.		74
	—	Intuitive Surgical, Inc. ●		114
	1	Laboratory Corp. of America Holdings ●		52
	1	McKesson Corp.		146
	6	Medtronic, Inc.		292
	—	Patterson Cos., Inc.		18
	1	Quest Diagnostics, Inc.		54
	2	St. Jude Medical, Inc.		72
	2	Stryker Corp.		104
	1	Tenet Healthcare Corp. ●		27
	6	UnitedHealth Group, Inc.		375
	1	Varian Medical Systems, Inc. ●		41
	2	Wellpoint, Inc.		138
	1	Zimmer Holdings, Inc.		71
				3,435
		Household and Personal Products - 0.5%
	2	Avon Products, Inc.		51
	1	Clorox Co.		61
	5	Colgate-Palmolive Co.		282
	1	Estee Lauder Co., Inc.		89
	2	Kimberly-Clark Corp.		210
	15	Procter & Gamble Co.		1,183
				1,876
		Insurance - 0.9%
	2	ACE Ltd.		173
	3	Aflac, Inc.		160
	3	Allstate Corp.		128
	8	American International Group, Inc. ●		375
	2	Aon plc		112
	—	Assurant, Inc.		22
	10	Berkshire Hathaway, Inc. Class B ●		1,161
	1	Chubb Corp.		125
	1	Cincinnati Financial Corp.		38
	3	Genworth Financial, Inc. ●		32
	2	Lincoln National Corp.		58
	2	Loews Corp.		78
	3	Marsh & McLennan Cos., Inc.		123
	6	MetLife, Inc.		295
	2	Principal Financial Group, Inc.		61
	3	Progressive Corp.		80
	3	Prudential Financial, Inc.		201
	1	Torchmark Corp.		36
	2	Travelers Cos., Inc.		171
	2	Unum Group		46
	2	XL Group plc		50
				3,525
		Materials - 0.6%
	1	Air Products & Chemicals, Inc.		107
	—	Airgas, Inc.		35
	6	Alcoa, Inc.		47
	1	Allegheny Technologies, Inc.		16
	1	Ball Corp.		35
	1	Bemis Co., Inc.		23
	—	CF Industries Holdings, Inc.		57
	1	Cliff's Natural Resources, Inc.		14
	7	Dow Chemical Co.		218
	5	E.I. DuPont de Nemours & Co.		271
	1	Eastman Chemical Co.		61
	1	Ecolab, Inc.		127
	1	FMC Corp.		47
	6	Freeport-McMoRan Copper & Gold, Inc.		161
	—	International Flavors & Fragrances, Inc.		34
	2	International Paper Co.		111
	2	LyondellBasell Industries Class A		141
	1	MeadWestvaco Corp.		34
	3	Monsanto Co.		296
	2	Mosaic Co.		83
	3	Newmont Mining Corp.		83
	2	Nucor Corp.		77
	1	Owens-Illinois, Inc. ●		26
	1	PPG Industries, Inc.		117
	2	Praxair, Inc.		191
	1	Sealed Air Corp.		26
	—	Sherwin-Williams Co.		85
	1	Sigma-Aldrich Corp.		54
	1	United States Steel Corp.		14
	1	Vulcan Materials Co.		35
				2,626
		Media - 0.8%
	1	Cablevision Systems Corp.		20
	3	CBS Corp. Class B		156
	15	Comcast Corp. Class A		619
	3	DirecTV ●		193
	1	Discovery Communications, Inc. ●		106
	1	Gannett Co., Inc.		31
	2	Interpublic Group of Cos., Inc.		35
	2	McGraw Hill Financial, Inc.		82
	11	News Corp. Class A		364
	1	Omnicom Group, Inc.		91
	—	Scripps Networks Interactive Class A		32
	7	Time Warner Cable, Inc.		486
	3	Viacom, Inc. Class B		170
	10	Walt Disney Co.		638
	—	Washington Post Co. Class B		12
				3,035
		Pharmaceuticals, Biotechnology and Life Sciences - 1.7%
	9	Abbvie Inc.		367
	1	Actavis, Inc. ●		90
	2	Agilent Technologies, Inc.		83
	1	Alexion Pharmaceuticals, Inc. ●		101
	2	Allergan, Inc.		140
	4	Amgen, Inc.		415
	1	Biogen Idec, Inc. ●		286
	9	Bristol-Myers Squibb Co.		412
	2	Celgene Corp. ●		273
	6	Eli Lilly & Co.		273
	1	Forest Laboratories, Inc. ●		54
	9	Gilead Sciences, Inc. ●		438
	1	Hospira, Inc. ●		36
	16	Johnson & Johnson		1,353
	1	Life Technologies Corp. ●		72
	17	Merck & Co., Inc.		787
	2	Mylan, Inc. ●		66

The accompanying notes are an integral part of these financial statements.

7

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 19.9% - (continued)
		Pharmaceuticals, Biotechnology and Life Sciences - 1.7% - (continued)
	1	PerkinElmer, Inc.	$	20
	—	Perrigo Co.		60
	37	Pfizer, Inc.		1,048
	—	Regeneron Pharmaceuticals, Inc. ●		96
	2	Thermo Fisher Scientific, Inc.		170
	—	Waters Corp. ●		48
	3	Zoetis, Inc.		87
				6,775
		Real Estate - 0.4%
	2	American Tower Corp. REIT		162
	1	Apartment Investment & Management Co. Class A REIT		25
	1	AvalonBay Communities, Inc. REIT		92
	1	Boston Properties, Inc. REIT		90
	2	CBRE Group, Inc. ●		40
	2	Equity Residential Properties Trust REIT		104
	3	HCP, Inc. REIT		116
	2	Health Care, Inc. REIT		107
	4	Host Hotels & Resorts, Inc. REIT		71
	2	Kimco Realty Corp. REIT		49
	1	Macerich Co. REIT		47
	1	Plum Creek Timber Co., Inc. REIT		43
	3	ProLogis L.P. REIT		105
	1	Public Storage REIT		124
	2	Simon Property Group, Inc. REIT		275
	2	Ventas, Inc. REIT		114
	1	Vornado Realty Trust REIT		79
	3	Weyerhaeuser Co. REIT		92
				1,735
		Retailing - 0.9%
	—	Abercrombie & Fitch Co. Class A		20
	2	Amazon.com, Inc. ●		567
	—	AutoNation, Inc. ●		9
	—	AutoZone, Inc. ●		86
	1	Bed Bath & Beyond, Inc. ●		87
	2	Best Buy Co., Inc.		41
	1	CarMax, Inc. ●		58
	2	Dollar General Corp. ●		85
	1	Dollar Tree, Inc. ●		64
	1	Expedia, Inc.		31
	1	Family Dollar Stores, Inc.		33
	1	GameStop Corp. Class A		28
	2	Gap, Inc.		68
	1	Genuine Parts Co.		68
	8	Home Depot, Inc.		635
	1	J. C. Penney Co., Inc. ●		14
	1	Kohl's Corp.		58
	1	L Brands Inc.		66
	6	Lowe's Cos., Inc.		246
	2	Macy's, Inc.		103
	—	Netflix, Inc. ●		67
	1	Nordstrom, Inc.		50
	1	O'Reilly Automotive, Inc. ●		70
	1	PetSmart, Inc.		39
	—	Priceline.com, Inc. ●		239
	1	Ross Stores, Inc.		80
	4	Staples, Inc.		59
	4	Target Corp.		248
	1	Tiffany & Co.		49
	4	TJX Cos., Inc.		202
	1	TripAdvisor, Inc. ●		38
	1	Urban Outfitters, Inc. ●		25
				3,533
		Semiconductors and Semiconductor Equipment - 0.4%
	3	Advanced Micro Devices, Inc. ●		14
	2	Altera Corp.		59
	2	Analog Devices, Inc.		78
	7	Applied Materials, Inc.		100
	3	Broadcom Corp. Class A		99
	—	First Solar, Inc. ●		17
	28	Intel Corp.		675
	1	KLA-Tencor Corp.		52
	1	Lam Research Corp. ●		40
	1	Linear Technology Corp.		48
	3	LSI Corp. ●		22
	1	Microchip Technology, Inc.		41
	6	Micron Technology, Inc. ●		83
	3	NVIDIA Corp.		46
	1	Teradyne, Inc. ●		19
	6	Texas Instruments, Inc.		217
	1	Xilinx, Inc.		59
				1,669
		Software and Services - 1.9%
	4	Accenture plc		262
	3	Adobe Systems, Inc. ●		128
	1	Akamai Technologies, Inc. ●		42
	1	Autodesk, Inc. ●		43
	3	Automatic Data Processing, Inc.		187
	1	BMC Software, Inc. ●		34
	2	CA, Inc.		53
	1	Citrix Systems, Inc. ●		63
	2	Cognizant Technology Solutions Corp. ●		106
	1	Computer Sciences Corp.		37
	7	eBay, Inc. ●		339
	2	Electronic Arts, Inc. ●		39
	2	Fidelity National Information Services, Inc.		71
	1	Fiserv, Inc. ●		65
	2	Google, Inc. ●		1,327
	6	IBM Corp.		1,117
	2	Intuit, Inc.		96
	1	Mastercard, Inc.		337
	42	Microsoft Corp.		1,455
	21	Oracle Corp.		633
	2	Paychex, Inc.		66
	1	Red Hat, Inc. ●		51
	2	SAIC, Inc.		22
	3	Salesforce.com, Inc. ●		116
	4	Symantec Corp.		88
	1	Teradata Corp. ●		46
	1	Total System Services, Inc.		22
	1	VeriSign, Inc. ●		38
	3	Visa, Inc.		519
	3	Western Union Co.		54
	5	Yahoo!, Inc. ●		134
				7,590
		Technology Hardware and Equipment - 1.2%
	1	Amphenol Corp. Class A		70

The accompanying notes are an integral part of these financial statements.

8

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 19.9% - (continued)
		Technology Hardware and Equipment - 1.2% - (continued)
	5	Apple, Inc.	$	2,085
	30	Cisco Systems, Inc.		729
	8	Corning, Inc.		118
	8	Dell, Inc.		110
	12	EMC Corp.		278
	—	F5 Networks, Inc. ●		30
	1	FLIR Systems, Inc.		22
	1	Harris Corp.		30
	11	Hewlett-Packard Co.		268
	1	Jabil Circuit, Inc.		21
	1	JDS Uniphase Corp. ●		19
	3	Juniper Networks, Inc. ●		55
	1	Molex, Inc.		23
	2	Motorola Solutions, Inc.		88
	2	NetApp, Inc. ●		76
	10	Qualcomm, Inc.		592
	1	SanDisk Corp. ●		83
	2	Seagate Technology plc		80
	2	TE Connectivity Ltd.		106
	1	Western Digital Corp.		74
	7	Xerox Corp.		63
				5,020
		Telecommunication Services - 0.6%
	30	AT&T, Inc.		1,068
	3	CenturyLink, Inc.		121
	2	Crown Castle International Corp. ●		119
	6	Frontier Communications Co.		23
	17	Sprint Nextel Corp. ●		119
	16	Verizon Communications, Inc.		808
	3	Windstream Corp.		25
				2,283
		Transportation - 0.3%
	1	C.H. Robinson Worldwide, Inc.		51
	6	CSX Corp.		133
	1	Expeditors International of Washington, Inc.		44
	2	FedEx Corp.		163
	1	Kansas City Southern		65
	2	Norfolk Southern Corp.		128
	—	Ryder System, Inc.		18
	4	Southwest Airlines Co.		52
	3	Union Pacific Corp.		404
	4	United Parcel Service, Inc. Class B		345
				1,403
		Utilities - 0.7%
	3	AES (The) Corp.		42
	1	AGL Resources, Inc.		28
	1	Ameren Corp.		47
	3	American Electric Power Co., Inc.		122
	2	CenterPoint Energy, Inc.		56
	1	CMS Energy Corp.		41
	2	Consolidated Edison, Inc.		96
	3	Dominion Resources, Inc.		184
	1	DTE Energy Co.		65
	4	Duke Energy Corp.		267
	2	Edison International		88
	1	Entergy Corp.		70
	5	Exelon Corp.		148
	2	FirstEnergy Corp.		88
	—	Integrys Energy Group, Inc.		26
	2	NextEra Energy, Inc.		194
	2	NiSource, Inc.		50
	2	Northeast Utilities		74
	2	NRG Energy, Inc.		48
	1	Oneok, Inc.		48
	1	Pepco Holdings, Inc.		28
	2	PG&E Corp.		113
	1	Pinnacle West Capital Corp.		34
	3	PPL Corp.		101
	3	Public Service Enterprise Group, Inc.		93
	1	SCANA Corp.		38
	1	Sempra Energy		103
	5	Southern Co.		215
	1	TECO Energy, Inc.		20
	1	Wisconsin Energy Corp.		53
	3	Xcel Energy, Inc.		79
				2,659
		Total common stocks
		(cost $70,303)	$	80,239
EXCHANGE TRADED FUNDS - 0.3%
		Other Investment Pools and Funds - 0.3%
	18	Vanguard S&P 500 ETF	$	1,308
		Total exchange traded funds
		(cost $1,319)	$	1,308
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 0.8%
		Finance and Insurance - 0.8%
		Ally Automotive Receivables Trust
$	20	0.93%, 02/16/2016	$	20
		Banc of America Commercial Mortgage, Inc.
	25	5.41%, 09/10/2047		28
	25	5.45%, 01/15/2049		28
	20	5.49%, 02/10/2051 Δ		22
	65	5.62%, 04/10/2049 - 06/10/2049 Δ		73
	60	5.68%, 07/10/2046		66
	15	5.73%, 05/10/2045 Δ		17
	10	5.74%, 02/10/2051 Δ		11
	25	5.89%, 07/10/2044 Δ		28
		Bear Stearns Commercial Mortgage Securities, Inc.
	60	5.20%, 12/11/2038		66
	25	5.33%, 02/11/2044		27
	25	5.70%, 06/13/2050		28
		Chase Issuance Trust
	150	0.79%, 06/15/2017		150
	100	1.30%, 02/18/2020		98
		Citibank Credit Card Issuance Trust
	110	4.85%, 03/10/2017		118
	100	5.65%, 09/20/2019		116
		Citigroup Commercial Mortgage Trust
	35	5.70%, 12/10/2049 Δ		40
	20	6.13%, 12/10/2049 Δ		23

The accompanying notes are an integral part of these financial statements.

9

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 0.8% - (continued)
		Finance and Insurance - 0.8% - (continued)
		Citigroup/Deutsche Bank Commercial Mortgage Trust
$	35	5.22%, 07/15/2044 Δ	$	38
	25	5.32%, 12/11/2049		28
	25	5.62%, 10/15/2048		28
	34	5.89%, 11/15/2044		39
		Commercial Mortgage Pass-Through Certificates
	20	5.31%, 12/10/2046		22
	25	5.75%, 06/10/2046 Δ		27
	15	5.80%, 12/10/2049 Δ		17
		Community or Commercial Mortgage Trust
	15	2.94%, 01/10/2046		14
		Credit Suisse Mortgage Capital Certificates
	25	5.31%, 12/15/2039		27
	50	5.40%, 02/15/2039 Δ		55
	29	5.47%, 09/15/2039		32
	25	5.68%, 06/15/2039 Δ		28
		CS First Boston Mortgage Securities Corp.
	80	5.10%, 08/15/2038		85
		CW Capital Cobalt Ltd.
	40	5.22%, 08/15/2048		43
	25	5.48%, 04/15/2047		28
	25	5.79%, 05/15/2046 Δ		28
		Ford Credit Automotive Owner Trust
	100	0.78%, 05/15/2018		99
		GE Capital Commercial Mortgage Corp.
	30	5.54%, 12/10/2049		33
		Goldman Sachs Mortgage Securities Corp.
	45	5.79%, 08/10/2045 Δ		50
		Goldman Sachs Mortgage Securities Corp. II
	35	4.75%, 07/10/2039		37
	15	5.40%, 08/10/2038		15
	25	5.56%, 11/10/2039		28
		Goldman Sachs Mortgage Securities Trust
	10	2.94%, 02/10/2046		9
	20	3.48%, 01/10/2045		20
		Greenwich Capital Commercial Funding Corp.
	40	5.22%, 04/10/2037 Δ		43
	35	5.44%, 03/10/2039 Δ		39
	25	5.74%, 12/10/2049		28
	50	5.86%, 07/10/2038 Δ		55
		Honda Automotive Receivables Owner Trust
	75	0.77%, 01/15/2016		75
		JP Morgan Chase Commercial Mortgage Securities Corp.
	10	4.17%, 08/15/2046		10
	25	5.20%, 12/15/2044 Δ		27
	25	5.34%, 05/15/2047		28
	20	5.42%, 01/15/2049		22
	40	5.43%, 12/12/2043		44
	35	5.44%, 06/12/2047 Δ		39
	20	5.48%, 12/12/2044 Δ		22
	20	5.71%, 02/12/2049 Δ		22
	38	5.79%, 02/12/2051 Δ		43
	30	5.81%, 06/12/2043		33
	25	5.81%, 06/15/2049 Δ		28
	100	5.86%, 04/15/2045 Δ		110
	30	5.88%, 02/15/2051 Δ		34
		LB-UBS Commercial Mortgage Trust
	25	5.37%, 09/15/2039 Δ		28
	60	5.42%, 02/15/2040		67
	20	5.43%, 02/15/2040		22
	25	5.86%, 07/15/2040 Δ		28
	19	5.87%, 09/15/2045		21
	10	5.87%, 06/15/2038 Δ		11
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	25	5.17%, 12/12/2049 Δ		27
	25	5.38%, 08/12/2048		27
	40	5.70%, 09/12/2049		45
	35	5.89%, 06/12/2046 Δ		39
		Morgan Stanley Capital I
	80	4.99%, 08/13/2042		85
	50	5.33%, 12/15/2043		55
	36	5.68%, 10/15/2042 Δ		40
	25	5.69%, 04/15/2049 Δ		28
	25	5.81%, 12/12/2049		28
	25	5.89%, 06/11/2049 Δ		28
		Wachovia Bank Commercial Mortgage Trust
	25	5.29%, 12/15/2044 Δ		27
	25	5.31%, 11/15/2048		28
	25	5.34%, 12/15/2043		28
	23	5.42%, 01/15/2045 Δ		25
	25	5.51%, 04/15/2047		27
	40	5.57%, 10/15/2048		44
	25	5.68%, 05/15/2046		28
	25	5.74%, 06/15/2049 Δ		28
		WF-RBS Commercial Mortgage Trust
	40	2.88%, 12/15/2045		37
				3,342
		Total asset & commercial mortgage backed securities
		(cost $3,346)	$	3,342
CORPORATE BONDS - 9.3%
		Administrative Waste Management and Remediation - 0.0%
		Republic Services, Inc.
$	95	5.00%, 03/01/2020	$	104
		Arts, Entertainment and Recreation - 0.4%
		CBS Corp.
	25	7.88%, 07/30/2030		32
		Comcast Corp.
	50	4.65%, 07/15/2042		48
	225	5.15%, 03/01/2020		257
	55	7.05%, 03/15/2033		69
		DirecTV Holdings LLC
	30	3.50%, 03/01/2016		32
	145	5.00%, 03/01/2021		153
	25	5.15%, 03/15/2042		22
		Discovery Communications, Inc.
	15	4.88%, 04/01/2043		14
	85	5.05%, 06/01/2020		94

The accompanying notes are an integral part of these financial statements.

10

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 9.3% - (continued)
		Arts, Entertainment and Recreation - 0.4% - (continued)
		NBC Universal Media LLC
$	125	4.38%, 04/01/2021	$	135
		News America, Inc.
	105	4.50%, 02/15/2021		112
	86	6.40%, 12/15/2035		96
		Time Warner Cable, Inc.
	255	4.00%, 09/01/2021		244
	130	4.88%, 03/15/2020		142
	85	6.50%, 11/15/2036		96
	65	6.75%, 07/01/2018		74
		Viacom, Inc.
	48	4.38%, 03/15/2043 ■		41
		Walt Disney Co.
	35	4.13%, 12/01/2041		33
	50	5.63%, 09/15/2016		57
				1,751
		Beverage and Tobacco Product Manufacturing - 0.3%
		Altria Group, Inc.
	200	4.75%, 05/05/2021		214
	9	9.70%, 11/10/2018		12
		Anheuser-Busch InBev Worldwide, Inc.
	45	3.75%, 07/15/2042		39
	250	5.38%, 01/15/2020		288
		Coca-Cola Co.
	90	1.65%, 03/14/2018		89
	30	3.15%, 11/15/2020		31
		Diageo Capital plc
	50	3.88%, 04/29/2043		44
	75	5.50%, 09/30/2016		85
		Dr. Pepper Snapple Group
	40	2.90%, 01/15/2016		42
		PepsiCo, Inc.
	180	3.13%, 11/01/2020		183
	30	5.50%, 01/15/2040		34
		Philip Morris International, Inc.
	130	4.50%, 03/26/2020 - 03/20/2042		140
				1,201
		Chemical Manufacturing - 0.2%
		Dow Chemical Co.
	150	4.13%, 11/15/2021		153
	90	8.55%, 05/15/2019		115
		E.I. DuPont de Nemours & Co.
	160	3.63%, 01/15/2021		167
	20	5.60%, 12/15/2036		23
		Ecolab, Inc.
	95	4.35%, 12/08/2021		100
		Potash Corp. of Saskatchewan, Inc.
	35	6.50%, 05/15/2019		42
		PPG Industries, Inc.
	20	3.60%, 11/15/2020		21
		Praxair, Inc.
	55	2.45%, 02/15/2022		52
	25	5.38%, 11/01/2016		28
				701
		Computer and Electronic Product Manufacturing - 0.3%
		Apple, Inc.
	210	2.40%, 05/03/2023		195
		Cingular Wireless LLC
	25	7.13%, 12/15/2031		32
		Cisco Systems, Inc.
	220	4.45%, 01/15/2020		243
	40	5.50%, 02/22/2016		45
		Hewlett-Packard Co.
	45	4.30%, 06/01/2021		44
	170	5.50%, 03/01/2018		188
		Intel Corp.
	90	2.70%, 12/15/2022		84
	50	3.30%, 10/01/2021		50
		Lockheed Martin Corp.
	80	4.25%, 11/15/2019		87
	15	4.85%, 09/15/2041		15
		Raytheon Co.
	95	3.13%, 10/15/2020		96
		Texas Instruments, Inc.
	25	2.38%, 05/16/2016		26
		Thermo Fisher Scientific, Inc.
	155	2.25%, 08/15/2016		157
				1,262
		Construction - 0.0%
		CRH America, Inc.
	125	6.00%, 09/30/2016		141
		Couriers and Messengers - 0.0%
		United Parcel Service, Inc.
	110	3.13%, 01/15/2021		112
		Educational Services - 0.0%
		Princeton University
	75	4.95%, 03/01/2019		86
		Electrical Equipment and Appliance Manufacturing - 0.1%
		Emerson Electric Co.
	70	4.88%, 10/15/2019		80
		General Electric Co.
	67	4.13%, 10/09/2042		63
	40	5.25%, 12/06/2017		45
		Koninklijke Philips Electronics N.V.
	38	6.88%, 03/11/2038		47
				235
		Finance and Insurance - 3.7%
		Ace INA Holdings, Inc.
	65	2.70%, 03/13/2023		61
		Aetna, Inc.
	105	3.95%, 09/01/2020		108
		Allstate Corp.
	35	5.00%, 08/15/2014		37
		American Express Co.
	103	2.65%, 12/02/2022		95
		American Express Credit Corp.
	195	2.75%, 09/15/2015		202
		American International Group, Inc.
	270	6.40%, 12/15/2020		313

The accompanying notes are an integral part of these financial statements.

11

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 9.3% - (continued)
		Finance and Insurance - 3.7% - (continued)
		Aon Corp.
$	20	5.00%, 09/30/2020	$	22
		Asian Development Bank
	265	2.50%, 03/15/2016		278
		Bank of America Corp.
	370	5.00%, 05/13/2021		394
	460	5.65%, 05/01/2018		511
		Bank of Montreal
	150	1.45%, 04/09/2018		145
		Bank of New York Mellon Corp.
	25	2.30%, 07/28/2016		26
	50	3.55%, 09/23/2021		51
		Bank of Nova Scotia
	35	4.38%, 01/13/2021		38
		Barclays Bank plc
	100	5.00%, 09/22/2016		110
		BB&T Corp.
	80	3.20%, 03/15/2016		84
		Berkshire Hathaway Finance Corp.
	40	4.50%, 02/11/2043		38
	225	5.40%, 05/15/2018		258
		BlackRock, Inc.
	105	5.00%, 12/10/2019		119
		BP Capital Markets plc
	160	2.25%, 11/01/2016		164
	65	3.25%, 05/06/2022		63
		Capital One Financial Corp.
	60	4.75%, 07/15/2021		63
	110	6.15%, 09/01/2016		123
		Chubb Corp.
	90	5.75%, 05/15/2018		105
		CIGNA Corp.
	50	4.00%, 02/15/2022		51
	10	5.38%, 02/15/2042		11
		Citigroup, Inc.
	75	5.00%, 09/15/2014		78
	525	5.38%, 08/09/2020		581
	65	6.63%, 06/15/2032		67
		Credit Suisse New York
	110	5.30%, 08/13/2019		124
		Deutsche Bank AG
	110	3.25%, 01/11/2016		115
		European Bank for Reconstruction & Development
	135	2.50%, 03/15/2016		141
		European Investment Bank
	495	1.25%, 10/14/2016		498
	215	2.88%, 09/15/2020		216
		Fifth Third Bancorp
	35	3.63%, 01/25/2016		37
		Ford Motor Credit Co. LLC
	170	6.63%, 08/15/2017		192
		General Electric Capital Corp.
	335	4.38%, 09/16/2020		355
	445	5.30%, 02/11/2021		488
		Goldman Sachs Group, Inc.
	605	5.38%, 03/15/2020		656
	74	6.25%, 02/01/2041		84
		HCP, Inc.
	160	6.70%, 01/30/2018		187
		Health Care, Inc.
	40	3.75%, 03/15/2023		38
	55	5.25%, 01/15/2022		59
		HSBC Finance Corp.
	40	5.00%, 06/30/2015		43
		HSBC Holdings plc
	335	5.10%, 04/05/2021		368
		Inter-American Development Bank
	145	2.25%, 07/15/2015		150
	210	3.88%, 02/14/2020		233
		International Bank for Reconstruction & Development
	150	1.13%, 08/25/2014		151
	100	2.38%, 05/26/2015		104
	102	7.63%, 01/19/2023		143
		John Deere Capital Corp.
	105	1.85%, 09/15/2016		107
	35	2.80%, 09/18/2017		37
		JP Morgan Chase & Co.
	595	4.95%, 03/25/2020		650
	75	5.13%, 09/15/2014		79
	80	6.00%, 01/15/2018		91
	180	6.30%, 04/23/2019		209
		KeyCorp
	70	3.75%, 08/13/2015		74
		Kreditanstalt fuer Wiederaufbau
	350	1.25%, 10/26/2015 - 02/15/2017		354
	115	2.63%, 01/25/2022		115
	391	4.00%, 01/27/2020		434
		Landwirtschaftliche Rentenbank
	180	2.50%, 02/15/2016		188
	100	3.13%, 07/15/2015		105
		Lincoln National Corp.
	60	4.85%, 06/24/2021		64
		Marsh & McLennan Cos., Inc.
	35	4.80%, 07/15/2021		38
		MetLife, Inc.
	50	5.70%, 06/15/2035		55
	120	7.72%, 02/15/2019		151
		Morgan Stanley
	200	5.45%, 01/09/2017		216
	280	5.50%, 07/28/2021		299
		National Rural Utilities Cooperative Finance Corp.
	30	5.45%, 04/10/2017		34
		Nomura Holdings, Inc.
	130	4.13%, 01/19/2016		136
		Nordic Investment Bank
	100	2.50%, 07/15/2015		104
		Oesterreichische Kontrollbank AG
	95	4.88%, 02/16/2016		105
		PNC Funding Corp.
	70	2.70%, 09/19/2016		73
	100	5.13%, 02/08/2020		110
		Principal Financial Group, Inc.
	70	3.30%, 09/15/2022		68
		Prudential Financial, Inc.
	155	5.38%, 06/21/2020		174
	25	5.80%, 11/16/2041		27

The accompanying notes are an integral part of these financial statements.

12

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 9.3% - (continued)
		Finance and Insurance - 3.7% - (continued)
		Rabobank Nederland
$	155	4.50%, 01/11/2021	$	163
		Royal Bank of Canada
	185	2.30%, 07/20/2016		190
		Royal Bank of Scotland plc
	35	6.13%, 01/11/2021		39
		Simon Property Group L.P.
	160	5.65%, 02/01/2020		183
		Toyota Motor Credit Corp.
	40	3.20%, 06/17/2015		42
	140	3.40%, 09/15/2021		138
		Travelers Cos., Inc.
	140	3.90%, 11/01/2020		150
		U.S. Bancorp
	110	2.45%, 07/27/2015		114
	50	4.13%, 05/24/2021		53
		UBS AG Stamford CT
	100	5.88%, 07/15/2016		110
		UnitedHealth Group, Inc.
	105	6.88%, 02/15/2038		131
		Wellpoint, Inc.
	15	4.65%, 01/15/2043		14
	135	5.25%, 01/15/2016		148
	40	5.80%, 08/15/2040		43
		Wells Fargo & Co.
	190	2.10%, 05/08/2017		191
	335	4.60%, 04/01/2021		365
		Westpac Banking Corp.
	110	3.00%, 12/09/2015		115
				14,864
		Food Manufacturing - 0.2%
		Archer-Daniels Midland Co.
	33	4.02%, 04/16/2043		29
		ConAgra Foods, Inc.
	120	7.00%, 04/15/2019		145
		General Mills, Inc.
	20	5.65%, 02/15/2019		23
		Kellogg Co.
	70	4.00%, 12/15/2020		74
		Kraft Foods Group, Inc.
	20	5.00%, 06/04/2042		20
	255	5.38%, 02/10/2020		287
	47	6.88%, 02/01/2038		57
		Unilever Capital Corp.
	45	5.90%, 11/15/2032		56
				691
		Food Services - 0.0%
		McDonald's Corp.
	29	3.70%, 02/15/2042		26
	80	5.35%, 03/01/2018		92
		Yum! Brands, Inc.
	7	6.88%, 11/15/2037		8
				126
		Health Care and Social Assistance - 0.6%
		AbbVie, Inc.
	145	2.90%, 11/06/2022 ■		136
		Amgen, Inc.
	145	3.88%, 11/15/2021		149
	67	5.75%, 03/15/2040		72
		AstraZeneca plc
	130	5.90%, 09/15/2017		151
		Baxter International, Inc.
	130	2.40%, 08/15/2022		120
	30	4.50%, 08/15/2019		33
		Boston Scientific Corp.
	70	6.00%, 01/15/2020		79
		Bristol-Myers Squibb Co.
	25	3.25%, 08/01/2042		20
	20	5.45%, 05/01/2018		23
		Celgene Corp.
	30	3.25%, 08/15/2022		29
		Covidien International Finance S.A.
	45	3.20%, 06/15/2022		44
	25	6.00%, 10/15/2017		29
		CVS Caremark Corp.
	50	6.13%, 09/15/2039		58
		Eli Lilly & Co.
	20	5.20%, 03/15/2017		22
		Express Scripts Holding Co.
	115	4.75%, 11/15/2021		123
		Gilead Sciences, Inc.
	20	4.40%, 12/01/2021		22
		GlaxoSmithKline Capital, Inc.
	40	2.80%, 03/18/2023		38
	110	5.65%, 05/15/2018		128
	27	6.38%, 05/15/2038		33
		Johnson & Johnson
	75	2.15%, 05/15/2016		78
	25	5.95%, 08/15/2037		31
		McKesson Corp.
	50	4.75%, 03/01/2021		55
		Medtronic, Inc.
	15	4.00%, 04/01/2043		13
	120	4.45%, 03/15/2020		131
		Merck & Co., Inc.
	25	3.60%, 09/15/2042		22
	195	3.88%, 01/15/2021		208
		Novartis Securities Investment Ltd.
	75	5.13%, 02/10/2019		86
		Pfizer, Inc.
	345	6.20%, 03/15/2019		416
		Quest Diagnostics, Inc.
	40	4.70%, 04/01/2021		42
		Sanofi-Aventis S.A.
	20	4.00%, 03/29/2021		21
		Teva Pharmaceutical Finance IV B.V.
	60	3.65%, 11/10/2021		60
		Walgreen Co.
	30	3.10%, 09/15/2022		29
				2,501
		Information - 0.7%
		America Movil S.A.B. de C.V.
	110	5.63%, 11/15/2017		124
	25	6.13%, 11/15/2037		27

The accompanying notes are an integral part of these financial statements.

13

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 9.3% - (continued)
		Information - 0.7% - (continued)
		AT&T, Inc.
$	310	2.63%, 12/01/2022	$	284
	59	4.35%, 06/15/2045		51
	73	5.35%, 09/01/2040		74
	200	5.80%, 02/15/2019		232
		British Telecommunications plc
	18	9.62%, 12/15/2030 Δ		27
		Cellco Partnership - Verizon Wireless Capital LLC
	90	8.50%, 11/15/2018		117
		COX Communications, Inc.
	19	5.45%, 12/15/2014		20
		Deutsche Telekom International Finance B.V.
	47	8.75%, 06/15/2030		65
		eBay, Inc.
	25	2.60%, 07/15/2022		23
		France Telecom S.A.
	80	5.38%, 07/08/2019		88
		Google, Inc.
	65	2.13%, 05/19/2016		67
		Microsoft Corp.
	150	1.63%, 09/25/2015		153
	65	5.20%, 06/01/2039		72
		Oracle Corp.
	80	5.38%, 07/15/2040		89
	120	5.75%, 04/15/2018		140
		Rogers Communications, Inc.
	30	4.50%, 03/15/2043		27
	50	6.80%, 08/15/2018		61
		Telecom Italia Capital
	105	7.00%, 06/04/2018		116
		Telefonica Emisiones SAU
	120	5.46%, 02/16/2021		124
		Verizon Communications, Inc.
	95	6.00%, 04/01/2041		107
	300	6.35%, 04/01/2019		356
		Vodafone Group plc
	195	5.45%, 06/10/2019		221
	20	6.15%, 02/27/2037		22
				2,687
		Machinery Manufacturing - 0.1%
		Baker Hughes, Inc.
	46	5.13%, 09/15/2040		50
		Caterpillar, Inc.
	25	3.80%, 08/15/2042		22
	135	3.90%, 05/27/2021		141
		Deere & Co.
	30	3.90%, 06/09/2042		27
		Joy Global, Inc.
	10	5.13%, 10/15/2021		11
		Xerox Corp.
	20	6.35%, 05/15/2018		23
				274
		Mining - 0.3%
		Barrick Gold Corp.
	25	5.25%, 04/01/2042		19
	110	6.95%, 04/01/2019		117
		BHP Billiton Finance USA Ltd.
	15	4.13%, 02/24/2042		14
	110	6.50%, 04/01/2019		132
		Freeport-McMoRan Copper & Gold, Inc.
	170	3.88%, 03/15/2023 ■		154
		Newmont Mining Corp.
	38	6.25%, 10/01/2039		36
		Rio Tinto Finance USA Ltd.
	145	3.75%, 09/20/2021		143
	170	6.50%, 07/15/2018		201
		Southern Copper Corp.
	55	6.75%, 04/16/2040		54
		Teck Resources Ltd.
	40	4.50%, 01/15/2021		40
	30	5.40%, 02/01/2043		27
		Vale Overseas Ltd.
	90	6.25%, 01/23/2017		100
	65	6.88%, 11/10/2039		66
				1,103
		Miscellaneous Manufacturing - 0.2%
		3M Co.
	75	1.38%, 09/29/2016		76
	25	5.70%, 03/15/2037		30
		Boeing Co.
	200	4.88%, 02/15/2020		228
		Honeywell International, Inc.
	100	4.25%, 03/01/2021		109
		Northrop Grumman Corp.
	20	5.05%, 08/01/2019		22
		United Technologies Corp.
	125	4.50%, 04/15/2020 - 06/01/2042		132
	135	6.13%, 02/01/2019		160
				757
		Motor Vehicle and Parts Manufacturing - 0.0%
		DaimlerChrysler NA Holdings Corp.
	18	8.50%, 01/18/2031		25
		Ford Motor Co.
	100	7.45%, 07/16/2031		120
		Johnson Controls, Inc.
	40	5.00%, 03/30/2020		44
				189
		Other Services - 0.0%
		Illinois Tool Works, Inc.
	15	3.90%, 09/01/2042		13
		Paper Manufacturing - 0.1%
		International Paper Co.
	110	7.50%, 08/15/2021		135
		Kimberly-Clark Corp.
	12	5.30%, 03/01/2041		14
	90	6.13%, 08/01/2017		105
				254
		Petroleum and Coal Products Manufacturing - 0.8%
		Anadarko Petroleum Corp.
	40	5.95%, 09/15/2016		45
		Apache Corp.
	80	5.10%, 09/01/2040		81
		Atmos Energy Corp.
	8	5.50%, 06/15/2041		9

The accompanying notes are an integral part of these financial statements.

14

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 9.3% - (continued)
		Petroleum and Coal Products Manufacturing - 0.8% - (continued)
		Canadian Natural Resources Ltd.
$	60	5.70%, 05/15/2017	$	68
	15	6.50%, 02/15/2037		17
		Cenovus Energy, Inc.
	15	4.45%, 09/15/2042		14
	25	5.70%, 10/15/2019		28
		Chevron Corp.
	35	2.36%, 12/05/2022		33
		ConocoPhillips
	128	6.50%, 02/01/2039		161
		Devon Financing Corp.
	65	7.88%, 09/30/2031		84
		EnCana Corp.
	25	6.50%, 02/01/2038		28
		Ensco plc
	50	4.70%, 03/15/2021		53
		Hess Corp.
	53	5.60%, 02/15/2041		54
		Kerr-McGee Corp.
	100	6.95%, 07/01/2024		120
		Marathon Oil Corp.
	15	6.60%, 10/01/2037		18
		Marathon Petroleum Corp.
	15	5.13%, 03/01/2021		17
		National Oilwell Varco, Inc.
	15	3.95%, 12/01/2042		13
		Nexen, Inc.
	50	7.50%, 07/30/2039		61
		Noble Corp.
	45	3.95%, 03/15/2022		44
		Noble Energy, Inc.
	20	6.00%, 03/01/2041		23
		Occidental Petroleum Corp.
	40	4.10%, 02/01/2021		42
		Pemex Project Funding Master Trust
	185	5.75%, 03/01/2018		203
		Petrobras International Finance Co.
	345	5.38%, 01/27/2021		347
		Petroleos Mexicanos
	95	6.50%, 06/02/2041		98
		Phillips 66
	45	4.30%, 04/01/2022		47
		Sempra Energy
	40	6.00%, 10/15/2039		45
	35	6.50%, 06/01/2016		40
		Shell International Finance B.V.
	25	3.63%, 08/21/2042		22
	170	4.30%, 09/22/2019		189
		Southern Natural Gas Co. LLC
	60	5.90%, 04/01/2017 ■		68
		Statoilhydro ASA
	160	5.25%, 04/15/2019		185
		Suncor Energy, Inc.
	75	6.50%, 06/15/2038		86
		Talisman Energy, Inc.
	25	7.75%, 06/01/2019		30
		Total Capital International S.A.
	45	1.50%, 02/17/2017		45
	95	4.25%, 12/15/2021		101
		Transocean, Inc.
	115	6.50%, 11/15/2020		129
		TXU Electric Delivery Co.
	95	7.00%, 09/01/2022		118
		Valero Energy Corp.
	100	6.13%, 02/01/2020		116
		Weatherford International Ltd.
	110	5.13%, 09/15/2020		115
		Williams Partners L.P.
	45	5.25%, 03/15/2020		48
				3,045
		Pipeline Transportation - 0.2%
		EL Paso Pipeling Partners Operating Co. LLC
	35	4.70%, 11/01/2042		31
		Enterprise Products Operating LLC
	30	4.45%, 02/15/2043		26
	20	4.85%, 03/15/2044		19
	140	5.20%, 09/01/2020		157
		Kinder Morgan Energy Partners L.P.
	137	6.38%, 03/01/2041		153
		Oneok Partners L.P.
	25	6.65%, 10/01/2036		28
		Plains All American Pipeline L.P.
	30	6.65%, 01/15/2037		36
		TransCanada Pipelines Ltd.
	105	3.80%, 10/01/2020		110
	90	7.13%, 01/15/2019		110
		Transcontinental Gas Pipe Corp.
	20	4.45%, 08/01/2042		18
				688
		Primary Metal Manufacturing - 0.0%
		Alcoa, Inc.
	30	6.15%, 08/15/2020		31
		Professional, Scientific and Technical Services - 0.1%
		IBM Corp.
	95	5.60%, 11/30/2039		109
	100	5.70%, 09/14/2017		116
		Omnicom Group, Inc.
	30	3.63%, 05/01/2022		29
				254
		Public Administration - 0.0%
		Waste Management, Inc.
	55	4.75%, 06/30/2020		59
		Rail Transportation - 0.1%
		Burlington Northern Santa Fe Corp.
	47	4.38%, 09/01/2042		43
	120	4.70%, 10/01/2019		133
		Canadian National Railway Co.
	40	2.85%, 12/15/2021		39
		Canadian Pacific Railway Co.
	8	7.13%, 10/15/2031		10

The accompanying notes are an integral part of these financial statements.

15

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 9.3% - (continued)
		Rail Transportation - 0.1% - (continued)
		CSX Corp.
$	25	3.70%, 10/30/2020	$	26
	105	4.25%, 06/01/2021		112
		Norfolk Southern Corp.
	75	4.84%, 10/01/2041		75
		Union Pacific Corp.
	34	6.63%, 02/01/2029		43
				481
		Real Estate, Rental and Leasing - 0.1%
		Boston Properties L.P.
	100	5.88%, 10/15/2019		115
		ERP Operating L.P.
	70	5.75%, 06/15/2017		79
				194
		Retail Trade - 0.3%
		Energy Transfer Partners
	50	6.50%, 02/01/2042		53
	64	9.00%, 04/15/2019		82
		Federated Retail Holdings, Inc.
	28	5.90%, 12/01/2016		32
		Home Depot, Inc.
	215	4.40%, 04/01/2021		236
		Kroger (The) Co.
	40	3.90%, 10/01/2015		42
	70	6.80%, 12/15/2018		84
		Lowe's Cos., Inc.
	70	6.65%, 09/15/2037		86
		Macy's Retail Holdings, Inc.
	60	3.88%, 01/15/2022		60
		Target Corp.
	180	3.88%, 07/15/2020		192
		Turlock Corp.
	75	2.75%, 11/02/2022 ■		70
		Wal-Mart Stores, Inc.
	115	3.25%, 10/25/2020		119
	105	4.25%, 04/15/2021		115
	118	5.63%, 04/15/2041		136
				1,307
		Soap, Cleaning Compound and Toilet Manufacturing - 0.0%
		Procter & Gamble Co.
	115	4.70%, 02/15/2019		130
	20	5.55%, 03/05/2037		23
				153
		Transportation Equipment Manufacturing - 0.0%
		General Dynamics Corp.
	15	3.88%, 07/15/2021		16
		Utilities - 0.5%
		CenterPoint Energy Houston Electric LLC
	15	3.55%, 08/01/2042		13
		CMS Energy Corp.
	60	5.05%, 03/15/2022		65
		Consolidated Edison Co. of NY
	20	3.95%, 03/01/2043		18
	25	5.50%, 12/01/2039		28
	40	6.65%, 04/01/2019		49
		Dominion Resources, Inc.
	215	4.45%, 03/15/2021		232
		Duke Energy Corp.
	105	5.30%, 02/15/2040		114
		Entergy Corp.
	40	3.63%, 09/15/2015		41
		Exelon Generation Co. LLC
	145	4.00%, 10/01/2020		147
	35	6.25%, 10/01/2039		38
		FirstEnergy Corp.
	90	4.25%, 03/15/2023		84
		Florida Power & Light Co.
	85	5.69%, 03/01/2040		99
		Georgia Power Co.
	100	2.85%, 05/15/2022		96
	50	4.75%, 09/01/2040		49
		Hydro-Quebec
	50	1.38%, 06/19/2017		50
	70	8.40%, 01/15/2022		95
		Kentucky Utilities Co.
	40	5.13%, 11/01/2040		44
		MidAmerican Energy Holdings Co.
	115	6.13%, 04/01/2036		130
		Nevada Power Co.
	25	6.75%, 07/01/2037		32
		Northern States Power Co.
	55	3.40%, 08/15/2042		46
		Ohio Power Co.
	115	5.38%, 10/01/2021		132
		Pacific Gas & Electric Co.
	105	6.05%, 03/01/2034		122
		Progress Energy, Inc.
	190	4.40%, 01/15/2021		202
		PSEG Power LLC
	25	5.13%, 04/15/2020		27
		Public Service Electric & Gas Co.
	30	3.95%, 05/01/2042		28
		San Diego Gas & Electric Co.
	32	4.50%, 08/15/2040		33
		South Carolina Electric & Gas Co.
	10	6.05%, 01/15/2038		12
		Southern California Edison Co.
	65	4.50%, 09/01/2040		65
		Xcel Energy, Inc.
	65	4.70%, 05/15/2020		72
				2,163
		Wholesale Trade - 0.0%
		Georgia-Pacific LLC
	40	7.75%, 11/15/2029		52
		Total corporate bonds
		(cost $38,426)	$	37,495
FOREIGN GOVERNMENT OBLIGATIONS - 0.8%
		Brazil - 0.1%
		Brazil (Republic of)
$	125	5.88%, 01/15/2019	$	142
	187	7.13%, 01/20/2037		223
			$	365

The accompanying notes are an integral part of these financial statements.

16

Shares or Principal Amount			Market Value ╪
FOREIGN GOVERNMENT OBLIGATIONS - 0.8% - (continued)
		Canada - 0.3%
		British Columbia (Province of)
$	60	2.10%, 05/18/2016	$	62
	105	2.65%, 09/22/2021		105
		Canada (Government of)
	135	0.88%, 02/14/2017		134
	40	2.38%, 09/10/2014		41
		Manitoba (Province of)
	60	2.10%, 09/06/2022		56
	75	2.63%, 07/15/2015		78
		Nova Scotia (Province of)
	35	5.13%, 01/26/2017		39
		Ontario (Province of)
	265	4.40%, 04/14/2020		294
		Quebec (Province of)
	140	3.50%, 07/29/2020		147
	60	5.13%, 11/14/2016		68
				1,024
		Colombia - 0.1%
		Colombia (Republic of)
	131	8.13%, 05/21/2024		174
		Italy - 0.0%
		Italy (Republic of)
	45	5.38%, 06/15/2033		45
		Mexico - 0.1%
		United Mexican States
	140	5.13%, 01/15/2020		154
	192	6.05%, 01/11/2040		209
				363
		Panama - 0.0%
		Panama (Republic of)
	50	6.70%, 01/26/2036		58
		Peru - 0.0%
		Peru (Republic of)
	45	5.63%, 11/18/2050		47
	30	7.13%, 03/30/2019		36
				83
		Philippines - 0.1%
		Philippines (Republic of)
	120	4.00%, 01/15/2021		127
	100	6.38%, 10/23/2034		120
				247
		Poland - 0.0%
		Poland (Republic of)
	70	5.00%, 03/23/2022		75
		South Africa - 0.0%
		South Africa (Republic of)
	100	6.88%, 05/27/2019		113
		Turkey - 0.1%
		Turkey (Republic of)
	110	6.75%, 05/30/2040		122
	150	7.25%, 03/15/2015		161
	190	7.38%, 02/05/2025		225
				508
		Total foreign government obligations
		(cost $3,212)	$	3,055
MUNICIPAL BONDS - 0.2%
		Airport Revenues - 0.0%
		Clark County, NV, Airport Rev,
$	5	6.82%, 07/01/2045	$	7
		New York & New Jersey PA,
	50	4.93%, 10/01/2051		49
				56
		General Obligations - 0.1%
		California State GO,
	70	7.60%, 11/01/2040		95
		California State GO, Taxable,
	55	7.55%, 04/01/2039		74
		Connecticut State GO,
	45	5.85%, 03/15/2032		50
		Illionis State, GO,
	130	5.10%, 06/01/2033		121
		Massachusetts State GO,
	15	5.46%, 12/01/2039		16
		Mississippi State GO,
	25	5.25%, 11/01/2034		27
		New York, NY, GO,
	15	5.85%, 06/01/2040		17
		Texas State GO,
	30	5.52%, 04/01/2039		34
				434
		Higher Education (Univ., Dorms, etc.) - 0.0%
		New York, NY, Dormitory Auth Rev,
	20	5.60%, 03/15/2040		22
		University of California, Build America Bonds Rev,
	50	5.77%, 05/15/2043		55
		University of Texas,
	25	4.79%, 08/15/2046		26
				103
		Miscellaneous - 0.0%
		New Jersey State Econ DA Lease Rev,
	15	7.43%, 02/15/2029		18
		Transportation - 0.1%
		Bay Area, CA, Toll Auth Bridge Rev,
	30	6.26%, 04/01/2049		35
		Metropolitan Transportation Auth, NY, Rev,
	20	5.87%, 11/15/2039		22
	25	6.55%, 11/15/2031		29
	15	6.65%, 11/15/2039		18
		New Jersey State Turnpike Auth,
	45	7.10%, 01/01/2041		58
		New Jersey State Turnpike Auth, Taxable,
	15	7.41%, 01/01/2040		20
				182

The accompanying notes are an integral part of these financial statements.

17

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
MUNICIPAL BONDS - 0.2% - (continued)
		Utilities - Electric - 0.0%
		American Municipal Power Ohio Inc Rev,
$	45	6.05%, 02/15/2043	$	49
		Municipal Elec Auth Georgia,
	40	6.64%, 04/01/2057		43
				92
		Utilities - Water and Sewer - 0.0%
		New York City, NY, Municipal Water FA,
	45	5.88%, 06/15/2044		51
		Total municipal bonds
		(cost $996)	$	936
U.S. GOVERNMENT AGENCIES - 12.5%
		FHLMC - 3.7%
$	270	2.38%, 01/13/2022	$	262
	801	2.50%, 07/01/2027 - 12/01/2042		795
	760	2.88%, 02/09/2015		791
	1,990	3.00%, 12/01/2025 - 05/01/2043		1,978
	2,283	3.50%, 04/01/2026 - 01/01/2043		2,340
	680	3.75%, 03/27/2019		747
	2,037	4.00%, 06/01/2024 - 02/01/2042		2,126
	2,024	4.50%, 03/01/2015 - 08/01/2041		2,145
	1,198	5.00%, 05/01/2023 - 08/01/2041		1,287
	360	5.13%, 10/18/2016		409
	370	5.25%, 04/18/2016		417
	1,174	5.50%, 05/01/2036 - 08/01/2038		1,264
	222	6.00%, 06/01/2036 - 10/01/2037		242
	10	6.25%, 07/15/2032		13
				14,816
		FNMA - 6.0%
	690	0.88%, 08/28/2017		676
	600	1.25%, 01/30/2017		604
	1,060	1.63%, 10/26/2015		1,086
	1,562	2.50%, 03/01/2027 - 01/01/2043 ☼		1,561
	330	2.63%, 11/20/2014		341
	4,216	3.00%, 12/01/2025 - 04/01/2043 ☼		4,185
	4,011	3.50%, 09/01/2025 - 01/01/2043 ☼		4,107
	3,233	4.00%, 04/01/2025 - 02/01/2042		3,382
	2,936	4.50%, 05/01/2025 - 08/01/2041		3,110
	1,998	5.00%, 02/01/2022 - 01/01/2040		2,151
	1,743	5.50%, 10/01/2035 - 05/01/2040 ☼		1,898
	130	5.63%, 07/15/2037		161
	459	6.00%, 04/01/2036 - 07/01/2037		500
	119	6.50%, 06/01/2039		132
	53	6.63%, 11/15/2030		72
				23,966
		GNMA - 2.8%
	158	2.50%, 10/15/2027 - 01/15/2043		152
	2,317	3.00%, 04/15/2027 - 06/20/2043 ☼		2,310
	2,365	3.50%, 09/15/2025 - 04/20/2043		2,431
	1,742	4.00%, 08/15/2026 - 09/20/2042 ☼		1,834
	2,226	4.50%, 05/15/2039 - 07/20/2041		2,394
	1,542	5.00%, 11/20/2035 - 12/20/2041 ☼		1,680
	389	5.50%, 05/20/2038 - 08/20/2041		426
	189	6.00%, 02/15/2036 - 08/20/2041		210
				11,437
		Total U.S. government agencies
		(cost $51,145)	$	50,219
U.S. GOVERNMENT SECURITIES - 15.5%
Other Direct Federal Obligations - 0.4%
		FFCB - 0.1%
$	165	4.88%, 12/16/2015 - 01/17/2017	$	183
		FHLB - 0.3%
	540	4.75%, 12/16/2016		610
	470	5.00%, 11/17/2017		540
	100	5.25%, 06/18/2014		105
				1,255
		Tennessee Valley Authority - 0.0%
	135	6.75%, 11/01/2025		177
				1,615
U.S. Treasury Securities - 15.1%
		U.S. Treasury Bonds - 2.3%
	4,176	3.13%, 11/15/2041 - 02/15/2043		3,911
	305	3.75%, 08/15/2041		322
	728	4.25%, 11/15/2040		837
	3,060	5.38%, 02/15/2031		3,986
				9,056
		U.S. Treasury Notes - 12.8%
	4,230	0.25%, 11/30/2014		4,231
	400	0.50%, 07/31/2017		390
	7,740	0.63%, 05/31/2017 - 04/30/2018		7,532
	485	0.88%, 11/30/2016		485
	1,912	1.00%, 08/31/2016		1,927
	17,820	1.25%, 08/31/2015 ‡Ø		18,137
	6,294	1.75%, 05/31/2016 - 05/15/2022		6,136
	3,878	1.88%, 09/30/2017		3,993
	345	2.13%, 08/15/2021		344
	8,250	2.38%, 08/31/2014		8,457
	215	3.13%, 05/15/2021		231
				51,863
				60,919
		Total U.S. government securities
		(cost $63,458)	$	62,534
Contracts				Market Value ╪
PUT OPTIONS PURCHASED - 2.1%
Equity Contracts - 2.1%
		S&P 500 Option
	97	Expiration: 06/06/2016, Exercise Price: $1,170.00 Я	$	8,407
		Total put options purchased
		(cost $22,592)	$	8,407
		Total long-term investments
		(cost $254,797)	$	247,535

The accompanying notes are an integral part of these financial statements.

18

Shares or Principal Amount					Market Value ╪
SHORT-TERM INVESTMENTS - 41.6%
Other Direct Federal Obligations - 4.9%
		FHLB
$	20,000	0.11%, 7/19/2013  ○			$	19,999
						19,999
Other Investment Pools and Funds - 0.1%
	321	JP Morgan U.S. Government Money Market Fund			$	321
Repurchase Agreements - 9.7%
		RBS Greenwich Capital Markets TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $11,443, collateralized by U.S. Treasury Note 0.25% - 3.00%, 2014 - 2019, value of $11,679)
$	11,443	0.08%, 6/28/2013			$	11,443
		Royal Bank of Canada TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $16,065, collateralized by U.S. Treasury Bond 2.75%, 2042, U.S. Treasury Note 1.88%, 2015, value of $16,386)
	16,065	0.10%, 6/28/2013				16,065
		UBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $11,444, collateralized by U.S. Treasury Bill 0.11%, 2017, U.S. Treasury Bond 2.88%, 2043, U.S. Treasury Note 0.25% - 4.25%, 2014 - 2016, value of $11,673)
	11,444	0.10%, 6/28/2013				11,444
						38,952
U.S. Government Agencies - 14.4%
		FHLMC
	5,000	0.07%, 8/1/2013  ○				5,000
	3,000	0.08%, 9/9/2013  ○				3,000
	25,000	0.09%, 10/22/2013  ○				24,996
		FNMA
	25,000	0.06%, 7/10/2013 - 8/28/2013  ○				24,999
						57,995
U.S. Treasury Bills - 12.5%
	10,500	0.03%, 08/01/2013  □○				10,500
	40,000	0.11%, 09/05/2013  ○				39,999
						50,499
		Total short-term investments
		(cost $167,754)			$	167,766
		Total investments
		(cost $422,551) ▲	103.0	%	$	415,301
		Other assets and liabilities	(3.0	)%		(11,925	)
		Total net assets	100.0	%	$	403,376

The accompanying notes are an integral part of these financial statements.

19

Hartford Portfolio Diversifier HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $414,952 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	11,318
Unrealized Depreciation		(10,969	)
Net Unrealized Appreciation	$	349

● Non-income producing.

Δ Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2013.

○ The interest rate disclosed for these securities represents the effective yield on the date of the acquisition.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $469, which represents 0.1% of total net assets.

☼ This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $3,109 at June 30, 2013.

‡ This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

Я The broker deposited securities valued at $4,738 with the custodian to serve as collateral for the options purchased by the Fund.  The collateral is maintained in a segregated account at the custodian on behalf of the Fund.

□ This security, or a portion of this security, is pledged as initial margin deposit and collateral for daily variation margin loss on open futures contracts held at June 30, 2013 as listed in the table below:

Futures Contracts Outstanding at June 30, 2013

								Unrealized
	Number of		Expiration					Appreciation/
Description	Contracts*		Date	Notional Amount		Market Value ╪		(Depreciation)
Short position contracts:
S&P 500 (E-Mini) Future		2,689	09/20/2013	$	215,650	$	215,026	$	624

*  The number of contracts does not omit 000's.

Cash of $235 was pledged as initial margin deposit and collateral for daily variation margin loss on open futures contracts at June 30, 2013.

Ø At June 30, 2013, this security, or a portion of this security, collateralized the written put options in the table below:

Written Put Options Outstanding at June 30, 2013

											Unrealized
		Exercise		Expiration	Number of		Market		Premiums		Appreciation
Description (Counterparty)	Option Type	Price/ Rate		Date	Contracts*		Value ╪		Received		(Depreciation)
S&P 500 Option (BCLY)	Equity	$	910.00	06/06/2016		32,964	$	1,340	$	4,457	$	3,117
S&P 500 Option (JPM)	Equity	$	910.00	06/06/2016		31,850		1,294		4,299		3,005
S&P 500 Option (BOA)	Equity	$	910.00	06/06/2016		20,282		824		2,564		1,740
S&P 500 Option (CSI)	Equity	$	910.00	06/06/2016		3,348		136		509		373
S&P 500 Option (UBS)	Equity	$	910.00	06/06/2016		8,811		358		1,389		1,031
							$	3,952	$	13,218	$	9,266

* The number of contracts does not omit 000's. Number of contracts shown in U.S. dollars unless otherwise noted.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

The accompanying notes are an integral part of these financial statements. 

20

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
BOA	Banc of America Securities LLC
CSI	Credit Suisse International
JPM	JP Morgan Chase & Co.
UBS	UBS AG
Index Abbreviations:
S&P	Standard & Poors
Municipal Bond Abbreviations:
DA	Development Authority
FA	Finance Authority
GO	General Obligation
PA	Port Authority
Rev	Revenue
Other Abbreviations:
ETF	Exchange Traded Fund
FFCB	Federal Farm Credit Bank
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements. 

21

Hartford Portfolio Diversifier HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Asset & Commercial Mortgage Backed Securities	$	3,342	$	–	$	3,342	$	–
Common Stocks ‡		80,239		80,239		–		–
Corporate Bonds		37,495		–		37,495		–
Exchange Traded Funds		1,308		1,308		–		–
Foreign Government Obligations		3,055		–		3,055		–
Municipal Bonds		936		–		936		–
Put Options Purchased		8,407		–		8,407		–
U.S. Government Agencies		50,219		–		50,219		–
U.S. Government Securities		62,534		–		62,534		–
Short-Term Investments		167,766		321		167,445		–
Total	$	415,301	$	81,868	$	333,433	$	–
Futures *		624		624		–		–
Written Options *		9,266		–		9,266		–
Total	$	9,890	$	624	$	9,266	$	–

♦	For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.
‡	The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.
*	Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

The accompanying notes are an integral part of these financial statements.

22

Hartford Portfolio Diversifier HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $422,551)	$	415,301
Cash		237	*
Receivables:
Investment securities sold		10
Fund shares sold		709
Dividends and interest		1,100
Variation margin		981
Other assets		5
Total assets		418,343
Liabilities:
Payables:
Investment securities purchased		10,900
Fund shares redeemed		6
Investment management fees		40
Distribution fees		16
Other liabilities		35
Accrued expenses		18
Written options (proceeds $13,218)		3,952
Total liabilities		14,967
Net assets	$	403,376
Summary of Net Assets:
Capital stock and paid-in-capital	$	443,397
Undistributed net investment income		283
Accumulated net realized loss		(42,944	)
Unrealized appreciation of investments		2,640
Net assets	$	403,376
Shares authorized		1,000,000
Par value	$	0.001
Class IB: Net asset value per share	$	8.64
Shares outstanding		46,675
Net assets	$	403,376

^* Cash of $235 was pledged as initial margin deposit and collateral for daily variation margin loss on open futures contracts at June 30, 2013.

The accompanying notes are an integral part of these financial statements.

23

Hartford Portfolio Diversifier HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	705
Interest		1,059
Less: Foreign tax withheld		—
Total investment income, net		1,764
Expenses:
Investment management fees		1,045
Transfer agent fees		1
Distribution fees - Class IB		436
Custodian fees		4
Accounting services fees		31
Board of Directors' fees		3
Audit fees		6
Other expenses		19
Total expenses (before waivers)		1,545
Expense waivers		(64	)
Total waivers		(64	)
Total expenses, net		1,481
Net Investment Income		283
Net Realized Loss on Investments and Other Financial Instruments:
Net realized gain on investments		573
Net realized loss on futures		(27,190	)
Net Realized Loss on Investments and Other Financial Instruments		(26,617	)
Net Changes in Unrealized Depreciation of Investments and Other Financial Instruments:
Net unrealized appreciation of investments		1,461
Net unrealized depreciation of purchased options		(5,867	)
Net unrealized appreciation of futures		498
Net unrealized appreciation of written options		3,084
Net Changes in Unrealized Depreciation of Investments and Other Financial Instruments		(824	)
Net Loss on Investments and Other Financial Instruments		(27,441	)
Net Decrease in Net Assets Resulting from Operations	$	(27,158	)

The accompanying notes are an integral part of these financial statements.

24

Hartford Portfolio Diversifier HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	283		$	567
Net realized loss on investments and other financial instruments		(26,617	)		(15,883	)
Net unrealized appreciation (depreciation) of investments and other financial instruments		(824	)		2,972
Net Decrease in Net Assets Resulting from Operations		(27,158	)		(12,344	)
Distributions to Shareholders:
From net investment income
Class IB		—			(1,025	)
Total distributions		—			(1,025	)
Capital Share Transactions:
Class IB
Sold		147,660			218,964
Issued on reinvestment of distributions		—			1,025
Redeemed		(12,888	)		(17,439	)
Total capital share transactions		134,772			202,550
Net increase from capital share transactions		134,772			202,550
Net Increase in Net Assets		107,614			189,181
Net Assets:
Beginning of period		295,762			106,581
End of period	$	403,376		$	295,762
Undistributed (distribution in excess of) net investment income	$	283		$	—
Shares:
Class IB
Sold		16,616			22,772
Issued on reinvestment of distributions		—			109
Redeemed		(1,472	)		(1,815	)
Total share activity		15,144			21,066

The accompanying notes are an integral part of these financial statements.

25

Hartford Portfolio Diversifier HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Portfolio Diversifier HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates. The Fund’s shares are available only to separate accounts of HLIC and its affiliates as a required investment option for variable annuity contracts whose holders have elected a guaranteed benefit rider subject to an allocation requiring investment in the Fund.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

Class IB shares of the Fund are offered at the per share net asset value (“NAV”) without a sales charge and are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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

26

Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Fixed income investments (other than short term obligations) and non-exchange traded derivatives held by the Fund are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services in accordance with procedures established by the Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values through accepted market modeling and trading and pricing conventions. Inputs to the models may include, but are not limited to, prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models and the bond’s terms and conditions. Generally, the Fund may use fair valuation in regard to fixed income investments when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days.

Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant exchange as of the NYSE Close. In the case of OTC options and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.

Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted

27

Hartford Portfolio Diversifier HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis. Paydown gains and losses on mortgage-related and other asset-backed securities are included in interest income in the Statement of Operations, as applicable.

d) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined by dividing the Fund’s net assets by the number of shares outstanding.

28

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its

29

Hartford Portfolio Diversifier HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

records with a value at least equal to the amount of the commitment. The Fund, as shown on the Schedule of Investments, had when-issued or delayed-delivery investments as of June 30, 2013.

d) Mortgage Related and Other Asset Backed Securities – The Fund may invest in mortgage related and other asset backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage backed securities, stripped mortgage backed securities, asset backed securities, collateralized debt obligations and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. Mortgage related securities are created from pools of residential or commercial mortgage loans, including mortgage loans made by savings and loan institutions, mortgage bankers, commercial banks and others. Asset backed securities are created from many types of assets, including auto loans, credit card receivables, home equity loans, and student loans. These securities provide a monthly payment that consists of both interest and principal payments. Interest payments may be determined by fixed or adjustable rates. The rate of pre-payments on underlying mortgages will affect the price and volatility of a mortgage related security, and may have the effect of shortening or extending the effective duration of the security relative to what was anticipated at the time of purchase. The timely payment of principal and interest of certain mortgage related securities is guaranteed by the full faith and credit of the United States Government. Mortgage related and other asset backed securities created and guaranteed by non-governmental issuers, including government-sponsored corporations, may be supported by various forms of insurance or guarantees, but there can be no assurance that the private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The Fund, as shown on the  Schedule of Investments, had mortgage related and other asset backed securities as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Futures Contracts – The Fund may enter into futures contracts. A futures contract is an agreement between two parties to buy or sell an asset at a set price on a future date. The Fund uses futures contracts to manage or obtain exposure to the investment markets, commodities, or movements in interest rates. The primary risks associated with the use of futures contracts are the imperfect correlation between the change in market value of the investments held by the Fund and the prices of futures contracts and the possibility of an illiquid market. Upon entering into a futures contract, the Fund is required to deposit with a futures commission merchant (“FCM”) an amount of cash or U.S. Government or Agency Obligations in accordance with the initial margin requirements of the broker or exchange. Futures contracts are marked to market daily at the most recent settlement price reported by an exchange on which, over time, they are traded most extensively, and an appropriate payable or receivable for the change in value (“variation margin”) is recorded by the Fund. Gains or losses are recognized but not considered realized until the contracts expire or are closed. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed on the Statement of Assets and Liabilities; however, the Fund seeks to reduce this risk through the use of an FCM. The Fund, as shown on the  Schedule of Investments, had outstanding futures contracts as of June 30, 2013.

b) Options Contracts – An option contract is a contract sold by one party to another party that offers the buyer the right, but not the obligation, to buy (call) or sell (put) an investment or other financial asset at an agreed-upon price during a specific period of time or on a specific date. The Fund may write (sell) covered call and put options on futures, swaps (“swaptions”), securities or commodities. “Covered” means that so long as the Fund is obligated as the writer of an option, it will own either the underlying investments or currency or an option to purchase the same underlying

30

investments 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 investments having a value equal to or greater than the fluctuating market value of the option investment or currency. Writing put options increases the Fund’s exposure to the underlying instrument. Writing call options decreases the Fund’s exposure to the underlying instrument. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that are exercised or closed are added to the proceeds or offset amounts paid on the underlying futures, swap, investment or currency transaction to determine the realized gain or loss. The Fund as a writer of an option has no control over whether the underlying instrument may be sold (call) or purchased (put) and as a result bears the market risk of an unfavorable change in the price of the instrument underlying the written option. There is the risk the Fund may not be able to enter into a closing transaction because of an illiquid market. The Fund may also purchase put and call options. Purchasing call options increases the Fund’s exposure to the underlying instrument. Purchasing put options decreases the Fund’s exposure to the underlying instrument. The Fund pays a premium, which is included on the Fund’s Statement of Assets and Liabilities as an investment and is subsequently marked to market to reflect the current value of the option. Premiums paid for purchasing options that expire are treated as realized losses. Certain options may be purchased with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. The risk associated with purchasing put and call options is generally limited to the premium paid. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. Entering into over-the-counter options also exposes the Fund to counterparty risk. Counterparty risk is the possibility that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of the contractual terms in the agreements. The Fund, as shown on the  Schedule of Investments, had outstanding purchased options and written options contracts as of June 30, 2013. Transactions involving written options contracts during the six-month period ended June 30, 2013, are summarized below:

	Options Contract Activity During the Six-month Period Ended June 30, 2013
Put Options Written During the Period	Number of Contracts*		Premium Amounts
Beginning of the period		97,255	$	13,218
Written		—		—
Expired		—		—
Closed		—		—
Exercised		—		—
End of period		97,255	$	13,218

* The number of contracts does not omit 000's.

c) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013: 

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Investments in securities, at value (purchased options), market value	$	—	$	—	$	—	$	8,407	$	—	$	—	$	8,407
Variation margin receivable *		—		—		—		981		—		—		981
Total	$	—	$	—	$	—	$	9,388	$	—	$	—	$	9,388
Liabilities:
Written options, market value	$	—	$	—	$	—	$	3,952	$	—	$	—	$	3,952
Total	$	—	$	—	$	—	$	3,952	$	—	$	—	$	3,952

* Only current day's variation margin is reported within the Statement of Assets and Liabilities. The variation margin is included in the open futures cumulative appreciation of $624 as reported in the Schedule of Investments.

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Hartford Portfolio Diversifier HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts			Commodity Contracts		Other Contracts		Total
Realized Loss on Derivatives Recognized as a Result of Operations:
Net realized loss on futures	$	—	$	—	$	—	$	(27,190	)	$	—	$	—	$	(27,190	)
Total	$	—	$	—	$	—	$	(27,190	)	$	—	$	—	$	(27,190	)
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of investments in purchased options	$	—	$	—	$	—	$	(5,867	)	$	—	$	—	$	(5,867	)
Net change in unrealized appreciation of futures		—		—		—		498			—		—		498
Net change in unrealized appreciation of written options		—		—		—		3,084			—		—		3,084
Total	$	—	$	—	$	—	$	(2,285	)	$	—	$	—	$	(2,285	)

d) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Futures contracts - Variation margin receivable	$	981	$	—	$	981	$	—	$	(10,735	)	$	—
Purchased options at market value		8,407		—		8,407		—		(4,738	)		3,669
Repurchase Agreements		38,952		—		38,952		—		(39,738	)		—
Total subject to a master netting or similar arrangement	$	48,340	$	—	$	48,340	$	—	$	(55,211	)	$	3,669

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Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Pledged		Net Amount (not less than 0)
Written options at market value	$	3,952	$	—	$	3,952	$	—	$	—	$	3,952
Total subject to a master netting or similar arrangement	$	3,952	$	—	$	3,952	$	—	$	—	$	3,952

5. Principal Risks:

a) Credit and Counterparty Risks – Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. Similar to credit risk, the Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The Fund’s investments expose the Fund to various risks including, but not limited to, interest rate, prepayment, extension, and equity risks. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the values of certain fixed income securities held by the Fund are likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income security’s market price to interest rate (i.e., yield) movements. In addition, securities are subject to extension risk. 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 and extension risk are major risks of mortgage backed securities and certain asset backed securities. For certain asset backed securities, the actual maturity may be less than the stated maturity shown in the Schedule of Investments, if applicable. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to

33

Hartford Portfolio Diversifier HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Period June 6, 2011 (Commencement of Operations) through  December 31, 2011
Ordinary Income	$	1,025	$	486
Long-Term Capital Gains*		—		57

* The Fund designates these distributions as long-term capital dividends pursuant to IRC Sec. 852(b)(3)(C).

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Accumulated Capital and Other Losses	$	(15,482	)
Unrealized Appreciation*		2,619
Total Accumulated Deficit	$	(12,863	)

* Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	458
Accumulated Net Realized Gain (Loss)		(454	)
Capital Stock and Paid-in-Capital		(4	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. Additionally, capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

34

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Capital loss carryforwards with no expiration:

	Amount
Short-Term Capital Loss Carryforward	$	8,688
Long-Term Capital Loss Carryforward		6,794
Total	$	15,482

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Hartford Investment Management Company (“Hartford Investment Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Hartford Investment Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $500 million		0.60%
On next $500 million		0.55%
On next $4 billion		0.50%
On next $5 billion		0.48%
Over $10 billion		0.47%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.018%
On next $5 billion		0.016%
Over $10 billion		0.014%

35

Hartford Portfolio Diversifier HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund in proportion to the average daily net assets of the Fund, except where allocation of certain expenses is more fairly made directly to the Fund. HFMC has contractually agreed to reimburse expenses (exclusive of taxes, interest expense, brokerage commissions, acquired fund fees and expenses and extraordinary expenses) to the extent necessary to maintain total annual operating expenses for the Class IB shares of the Fund at the annual rate of 0.85% of the Fund’s average daily net assets. This contractual arrangement will remain in effect until April 30, 2014, and shall renew automatically for one-year terms unless HFMC provides written notice of termination prior to the start date of the next term or upon approval of the Board of Directors of the Company.

d) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

e) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

8. Affiliate Holdings:

As of June 30, 2013, affiliates of The Hartford had ownership of shares in the Fund as follows:

	Percentage of Class
Class IB		11%

9. Investment Transactions:

For the six-month period ended June 30, 2013, the cost of purchases and proceeds from sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	159,204
Sales Proceeds Excluding U.S. Government Obligations		96,341
Cost of Purchases for U.S. Government Obligations		28,568
Sales Proceeds for U.S. Government Obligations		4,018

36

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

37

Hartford Portfolio Diversifier HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IB	$	9.38	$	0.01	$	(0.75	)	$	(0.74	)	$	–		$	–		$	–	$	–		$	8.64
For the Year Ended December 31, 2012
IB		10.18		0.02		(0.79	)		(0.77	)		(0.03	)		–			–		(0.03	)		9.38
From June 6, 2011 (commencement of operations) through December 31, 2011  (E)
IB(F)		10.00		0.04		0.19			0.23			(0.03	)		(0.02	)		–		(0.05	)		10.18

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable annuity product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Not annualized.

(D) Annualized.

(E) Per share amounts have been calculated using the average shares method.

(F) Commenced operations on June 6, 2011.

38

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers			Ratio of Expenses to Average Net Assets After Waivers			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate
	(7.87	)%(C)	$	403,376		0.89	%(D)		0.85	%(D)		0.16	%(D)		44	%
	(7.58	)		295,762		0.91			0.85			0.27			61
	2.38	(C)		106,581		0.93	(D)		0.85	(D)		0.58	(D)		43

39

Hartford Portfolio Diversifier HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

40

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

41

Hartford Portfolio Diversifier HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

42

Hartford Portfolio Diversifier HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year		Days in the full year
Class IB	$	1,000.00	$	921.30	$	4.05	$	1,000.00	$	1,020.58	$	4.26		0.85	%		181		365

43

Hartford Portfolio Diversifier HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market and Selection Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform compared to the market or relevant benchmarks.

Derivatives Risk: Investments in derivatives can be volatile. Potential risks include currency risk, leverage risk (the risk that small market movements may result in large changes in the value of an investment), liquidity risk, index risk, pricing risk, and counterparty risk (the risk that the counterparty may be unwilling or unable to honor its obligations).

Fixed Income Risk: The Fund is subject to interest rate risk (the risk that the value of an investment decreases when interest rates rise) and credit risk (the risk that the issuing company of a security is unable to pay interest and principal when due) and call risk (the risk that an investment may be redeemed early). These risks also apply to the Fund’s investment in U.S. government securities, which may not be guaranteed by the U.S. government.

Fund Strategy Risk: The Fund is available solely to holders of variable annuity contracts issued by Hartford Life and its affiliates and by Forethought who have elected a Rider. The Fund is designed to replicate the Index, which is designed to produce investment performance that may mitigate against significant declines in the values of the Allocated Funds held by Rider holders. Hartford Life and its affiliates and Forethought have financial obligations to holders of the Riders arising from guarantee obligations under the Riders. To the extent that the Fund’s strategy is successful, Hartford Life and its affiliates and Forethought will benefit from a reduction of the risk arising from their guarantee obligations under the Riders, and they will have less risk to hedge under the Riders than would be the case if holders did not allocate to the Fund.

As a holder of a Rider, you also will have exposure to changes in the values of the Allocated Funds, although your particular exposure will differ from the aggregated exposure that the Index is designed to address, depending on your allocations and investment activity, among other factors. Although the Fund may have the effect of mitigating declines in your contract value under a Rider in the event of a significant decline in equity market valuations, the strategy followed by the Fund, if successful, will also generally result in your contract value increasing to a lesser degree than the equity markets, or decreasing, when the values of equity investments are stable or rising. This may deprive you of some or all of the benefit of increases in equity market values under your contract and could also result in a decrease in the value of your variable annuity contract. Depending on future market conditions, you might benefit more from selecting alternative allocations under a guaranteed benefit rider (if available) or alternate investments. In addition, there is no guarantee that the Fund’s strategy will have its intended effect, and it may not work as effectively as is intended. Depending on your particular allocation to the Allocated Funds under a Rider, the Fund’s strategy may be more or less effective in mitigating potential losses under your variable annuity contract than may be the case for others who elect a Rider and allocate contract value differently among the Allocated Funds. In particular, the Fund’s investment strategy is not as likely to be as effective with respect to allocations that have relatively lower anticipated correlation to the investment performance of the S&P 500 Index.

Hartford Life’s and Forethought’s financial interest in reducing the volatility of overall contract value invested under the Riders, in light of their obligations under the Riders, may be deemed to present a potential conflict of interest with respect to the interests of the holders of the Riders, in that Hartford Life’s and Forethought’s interest may at times conflict with the Fund’s goal of preserving the potential for modest appreciation in the Fund’s net asset value when markets are appreciating. HFMC and the Fund have developed procedures designed to address this potential conflict by (i) specifying the processes for developing and communicating the data used to calculate the Index, calculating the Index and managing the Fund to replicate the performance of the Index and (ii) monitoring for compliance with the specified processes.

44

Index and Information Risk:The data used by HFMC to calculate the Index may not always be current. To the extent the data, and in particular the market-related data, is outdated or inaccurate, the Derivative Sleeve may fail to hedge or may hedge less effectively against equity market declines. In addition, when the values of investments are increasing, the Fund’s value could increase to a lesser extent, or decrease to a greater extent, than would be the case if the data used to calculate the Index were current.

In addition, the Index is intended to hedge against the aggregate allocations of holders of the Riders to the Allocated Funds and not the allocation of any individual contract owner. The Derivative Sleeve may not be successful in providing an effective hedge, and the hedge, even if effective, will benefit some Rider holders more than others, depending upon the allocations to funds selected by the holders. In particular, contract owners whose allocations have a relatively higher anticipated correlation to the investment performance of the S&P 500 Index will benefit to a greater extent from the hedge during periods of equity market declines.

45

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-PD13 8-13 113550-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD SMALL COMPANY HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Small Company HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	10
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	11
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	12
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	13
Notes to Financial Statements (Unaudited)	14
Financial Highlights (Unaudited)	26
Directors and Officers (Unaudited)	28
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	30
Quarterly Portfolio Holdings Information (Unaudited)	30
Expense Example (Unaudited)	31
Principal Risks (Unaudited)	32

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Small Company HLS Fund inception 08/09/1996

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks growth of capital.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 06/30/13)

	6 Month†		1 Year		5 Years		10 Years
Small Company IA		19.03%		23.89%		7.16%		10.83%
Small Company IB		18.88%		23.58%		6.89%		10.56%
Russell 2000 Growth Index		17.44%		23.67%		8.89%		9.62%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

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. (The Russell 2000 Index is a broad-based unmanaged index comprised of 2,000 of the smallest U.S.-domiciled company common stocks (on the basis of capitalization) that are traded in the United States on the New York Stock Exchange, American Stock Exchange and Nasdaq.)

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.72% and 0.97%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

For additional information regarding the prior performance history of the Fund, please see the section entitled “Performance Notes” in the Fund’s prospectus.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Small Company HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Steven C. Angeli, CFA	Stephen C. Mortimer	Jamie A. Rome, CFA
Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager
Mario E. Abularach, CFA	Mammen Chally, CFA
Senior Vice President and Equity Research Analyst	Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Small Company HLS Fund returned 19.03% for the six-month period ended June 30, 2013, outperforming its benchmark, the Russell 2000 Growth Index which returned 17.44% for the same period. The Fund also outperformed the 16.63% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

Small cap (+15.9%) stocks outperformed large cap stocks (+13.8%) during the period, as measured by the Russell 2000 and S&P 500 Indices, respectively. Value (+15.8%) stocks outperformed growth (+12.2%) stocks during the period, as measured by the Russell 3000 Value and Russell 3000 Growth Indices, respectively. All ten sectors in the Russell 2000 Growth Index had positive returns during the period. Consumer Discretionary (+21.9%), Consumer Staples (+21.7%), and Health Care (+21.7%) performed best, while Utilities (+1.1%) and Materials (+4.2%) lagged on a relative basis.

Stock selection was the main driver of relative outperformance versus the benchmark, primarily in the Consumer Discretionary, Industrials, and Materials sectors. This was partially offset by weak selection in the Information Technology and Consumer Staples sectors. Sector allocation, which is the result of bottom-up stock selection, detracted from relative returns, primarily due to an underweight (i.e. the Fund’s sector position was less than the benchmark position) to Health Care. A modest cash position in an upward trending equity market environment also detracted from relative returns in the period.

Top contributors to relative performance during the period included WageWorks (Industrials), KapStone Paper (Materials), and Pandora Media (Information Technology). Shares of WageWorks, an on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits, outperformed after the company posted better-than-expected quarterly revenue and earnings and management raised its 2013 revenue and earnings guidance. Strong performance in the commuter benefits division led the growth in revenue. Packaging and containerboard manufacturer KapStone Paper saw its shares climb after the company announced it would purchase Longview Fiber Paper and Packaging. Shares of Pandora Media, a subscription music streaming site, rose following solid earnings results and guidance for the full year; monetization of the mobile platform is driving revenue growth. Spirit Airlines (Industrials) also contributed to absolute performance (i.e. total return) during the period.

Stocks that detracted the most from relative returns during the period included VeriFone Systems (Information Technology), BroadSoft (Information Technology), and Polypore International (Industrials). Shares of Verifone Systems, an electronic payment solution provider, fell on lowered earnings guidance citing weak macroeconomic conditions in Europe, lower revenue from Brazil-based business, and delays in customer projects. We eliminated the position. BroadSoft, a communications software and services company offering

3

Hartford Small Company HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

cloud-based, hosted, internet-protocol (IP) and fixed line services, saw its stock price decline following lowered earnings guidance due to a decline in professional services. We also eliminated this position. Shares of Polypore International, a supplier of lithium batteries to the Nissan Leaf and Chevrolet Volt, fell amid concerns about earnings visibility, particularly with regard to demand for lithium batteries (for which the company supplies separator material) for electric drive vehicles (EDVs). LivePerson (Information Technology) also detracted from absolute returns during the period.

What is the outlook?

We continue to challenge ourselves to discover emerging growth companies and to be opportunistic to uncover re-emerging growth companies. In our view, market volatility over the past year has validated our long-standing focus on fundamental research, which we continue to apply with rigor.

As a residual of our bottom-up, stock-by-stock investment decisions, the Fund ended the period most overweight in the Industrials and Information Technology sectors relative to the Russell 2000 Growth Index. The Fund ended the period most underweight Health Care, Financials, and Consumer Staples.

Diversification by Industry

as of June 30, 2013

Industry (Sector)	Percentage of Net Assets
Automobiles and Components (Consumer Discretionary)		1.6	%
Banks (Financials)		0.9
Capital Goods (Industrials)		13.1
Commercial and Professional Services (Industrials)		3.8
Consumer Durables and Apparel (Consumer Discretionary)		4.6
Consumer Services (Consumer Discretionary)		4.6
Diversified Financials (Financials)		2.0
Energy (Energy)		4.8
Food and Staples Retailing (Consumer Staples)		1.0
Food, Beverage and Tobacco (Consumer Staples)		0.1
Health Care Equipment and Services (Health Care)		5.5
Household and Personal Products (Consumer Staples)		2.0
Insurance (Financials)		0.3
Materials (Materials)		5.4
Media (Consumer Discretionary)		2.4
Other Investment Pools and Funds (Financials)		0.8
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		8.7
Real Estate (Financials)		2.1
Retailing (Consumer Discretionary)		7.5
Semiconductors and Semiconductor Equipment (Information Technology)		2.3
Software and Services (Information Technology)		21.0
Technology Hardware and Equipment (Information Technology)		4.2
Telecommunication Services (Services)		0.1
Transportation (Industrials)		3.2
Utilities (Utilities)		0.3
Short-Term Investments		2.5
Other Assets and Liabilities		(4.8	)
Total		100.0	%

4

Hartford Small Company HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 101.5%
		Automobiles and Components - 1.6%
	21	Standard Motor Products, Inc.	$	725
	428	Tenneco Automotive, Inc. ●		19,362
	6	Tesla Motors, Inc. ●		594
				20,681
		Banks - 0.9%
	152	Boston Private Financial Holdings, Inc.		1,622
	69	EverBank Financial Corp.		1,143
	72	First Merchants Corp.		1,230
	115	Flushing Financial Corp.		1,898
	36	Home Loan Servicing Solutions Ltd.		856
	51	Hudson Valley Holding Corp.		864
	38	Ocwen Financial Corp. ●		1,570
	87	Umpqua Holdings Corp.		1,299
	32	Wintrust Financial Corp.		1,206
				11,688
		Capital Goods - 13.1%
	57	A.O. Smith Corp.		2,080
	32	AAON, Inc.		1,067
	139	Acuity Brands, Inc.		10,509
	11	AGCO Corp.		542
	413	Altra Holdings, Inc.		11,318
	253	Apogee Enterprises, Inc.		6,081
	232	Applied Industrial Technologies, Inc.		11,192
	236	Armstrong World Industries, Inc. ●		11,276
	77	Astronics Corp. ●		3,165
	14	Astronics Corp. Class B ●		582
	46	AZZ, Inc.		1,775
	38	Belden, Inc.		1,918
	451	Briggs & Stratton Corp.		8,938
	34	CAI International, Inc. ●		804
	12	Carlisle Cos., Inc.		743
	31	Chart Industries, Inc. ●		2,950
	14	Crane Co.		819
	368	DigitalGlobe, Inc. ●		11,399
	84	DXP Enterprises, Inc. ●		5,572
	20	EMCOR Group, Inc.		826
	23	Esterline Technologies Corp. ●		1,636
	55	Franklin Electric Co., Inc.		1,841
	136	Generac Holdings, Inc.		5,050
	96	GrafTech International Ltd. ●		696
	44	H & E Equipment Services, Inc.		931
	45	Heico Corp.		2,289
	25	John Bean Technologies Corp.		523
	35	Lennox International, Inc.		2,253
	21	Lindsay Corp.		1,576
	49	Luxfer Holdings plc		773
	243	Moog, Inc. Class A ●		12,545
	31	Nordson Corp.		2,182
	263	Owens Corning, Inc. ●		10,284
	208	Polypore International, Inc. ●		8,365
	40	Sun Hydraulics Corp.		1,267
	21	TAL International Group, Inc.		893
	142	Teledyne Technologies, Inc. ●		10,951
	21	Textainer Group Holdings Ltd.		803
	41	Titan International, Inc.		693
	67	Trimas Corp. ●		2,488
	120	WESCO International, Inc. ●		8,147
				169,742
		Commercial and Professional Services - 3.8%
	53	Deluxe Corp.		1,826
	47	Exponent, Inc.		2,759
	76	GP Strategies Corp. ●		1,820
	409	On Assignment, Inc. ●		10,936
	572	Performant Financial Corp. ●		6,633
	55	RPX Corp. ●		922
	446	TrueBlue, Inc. ●		9,394
	446	Wageworks, Inc. ●		15,381
				49,671
		Consumer Durables and Apparel - 4.6%
	47	Arctic Cat, Inc.		2,130
	106	Fifth & Pacific Cos., Inc. ●		2,375
	214	iRobot Corp. ●		8,517
	249	Leapfrog Enterprises, Inc. ●		2,452
	19	Oxford Industries, Inc.		1,157
	650	Quiksilver, Inc. ●		4,183
	3,148	Samsonite International S.A.		7,546
	374	Skechers USA, Inc. Class A ●		8,977
	237	Steven Madden Ltd. ●		11,456
	437	Taylor Morrison Home Corp. ●		10,647
				59,440
		Consumer Services - 4.6%
	695	Bloomin' Brands, Inc. ●		17,295
	55	Brinker International, Inc.		2,169
	141	Buffalo Wild Wings, Inc. ●		13,836
	167	Cheesecake Factory, Inc.		7,014
	64	Del Frisco's Restaurant Group, Inc. ●		1,376
	145	Ignite Restaurant Group, Inc. ●		2,740
	187	Life Time Fitness, Inc. ●		9,378
	50	Marriott Vacations Worldwide Corp. ●		2,156
	30	Noodles & Co. ●		1,114
	48	Sotheby's Holdings		1,814
	17	Steiner Leisure Ltd. ●		877
				59,769
		Diversified Financials - 2.0%
	170	DFC Global Corp. ●		2,343
	72	Fifth Street Finance Corp.		754
	216	Financial Engines, Inc.		9,826
	19	Portfolio Recovery Associates, Inc. ●		2,922
	34	Virtus Investment Partners, Inc. ●		5,958
	392	Wisdomtree Investment, Inc. ●		4,530
				26,333
		Energy - 4.8%
	534	BPZ Resources, Inc. ●		955
	56	C&J Energy Services, Inc. ■●		1,079
	14	CVR Energy, Inc.		652
	140	Diamondback Energy, Inc. ●		4,649
	84	Energy XXI (Bermuda) Ltd.		1,869
	76	EPL Oil & Gas, Inc. ●		2,227
	34	Gulfport Energy Corp. ●		1,612
	188	ION Geophysical Corp. ●		1,130
	126	Karoon Gas Australia Ltd. ●		586
	692	Painted Pony Petroleum Ltd. ●		5,560
	51	PBF Energy, Inc.		1,310
	489	Rex Energy Corp. ●		8,592
	221	Rosetta Resources, Inc. ●		9,417
	241	SemGroup Corp.		12,962
	2,778	Sunshine Oilsands Ltd. ●		554

The accompanying notes are an integral part of these financial statements.

5

Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 101.5% - (continued)
		Energy - 4.8% - (continued)
	75	Synergy Resources Corp. ●	$	551
	659	Trican Well Service Ltd.		8,757
				62,462
		Food and Staples Retailing - 1.0%
	185	Casey's General Stores, Inc.		11,122
	60	Natural Grocers by Vitamin Cottage, Inc. ●		1,859
				12,981
		Food, Beverage and Tobacco - 0.1%
	96	Darling International, Inc. ●		1,798
		Health Care Equipment and Services - 5.5%
	222	Acadia Healthcare Co., Inc. ●		7,329
	21	AmSurg Corp. ●		730
	5	Atrion Corp.		1,164
	53	Corvel Corp. ●		1,564
	34	Cyberonics, Inc. ●		1,772
	423	Dexcom, Inc. ●		9,507
	26	Ensign Group, Inc.		926
	149	Globus Medical, Inc. ●		2,515
	26	Greatbatch, Inc. ●		849
	77	HealthSouth Corp. ●		2,225
	83	Heartware International, Inc. ●		7,887
	48	ICU Medical, Inc. ●		3,453
	214	Insulet Corp. ●		6,707
	13	LHC Group, Inc. ●		249
	9	MEDNAX, Inc. ●		778
	215	Merge Healthcare, Inc. ●		775
	27	Orthofix International N.V. ●		718
	39	Owens & Minor, Inc.		1,303
	23	Photomedex, Inc. ●		360
	150	Team Health Holdings ●		6,164
	66	U.S. Physical Therapy, Inc.		1,826
	84	Vascular Solutions, Inc. ●		1,243
	52	Volcano Corp. ●		939
	186	Wellcare Health Plans, Inc. ●		10,346
				71,329
		Household and Personal Products - 2.0%
	221	Elizabeth Arden, Inc. ●		9,940
	135	Inter Parfums, Inc.		3,850
	72	Prestige Brands Holdings, Inc. ●		2,085
	168	Spectrum Brands Holdings, Inc.		9,528
				25,403
		Insurance - 0.3%
	48	Amerisafe, Inc.		1,547
	14	Argo Group International Holdings Ltd.		610
	10	Partnership Assurance Group ●		74
	43	Protective Life Corp.		1,633
				3,864
		Materials - 5.4%
	23	ADA-ES, Inc. ●		965
	20	Aurcana Corp. ●		26
	127	Axiall Corp.		5,425
	215	Graphic Packaging Holding Co. ●		1,663
	1,186	Headwaters, Inc. ●		10,486
	20	Innospec, Inc.		783
	481	KapStone Paper & Packaging Corp.		19,324
	624	Louisiana-Pacific Corp. ●		9,231
	24	LSB Industries, Inc. ●		715
	119	Methanex Corp. ADR		5,095
	101	New Gold, Inc. ●		645
	71	Olin Corp.		1,687
	118	Omnova Solutions, Inc. ●		948
	151	Packaging Corp. of America		7,413
	99	PolyOne Corp.		2,442
	744	Romarco Minerals, Inc. ●		332
	44	Silgan Holdings, Inc.		2,065
	8	Universal Stainless & Alloy Products, Inc. ●		248
				69,493
		Media - 2.4%
	325	Imax Corp. ●		8,082
	623	Pandora Media, Inc. ●		11,467
	185	Shutterstock, Inc. ●		10,298
	64	Tremor Video, Inc. ●		573
				30,420
		Pharmaceuticals, Biotechnology and Life Sciences - 8.7%
	51	Acorda Therapeutics, Inc. ●		1,685
	131	Algeta ASA ●		4,988
	106	Alkermes plc ●		3,039
	626	Arena Pharmaceuticals, Inc. ●		4,817
	110	Bruker Corp. ●		1,770
	179	Cadence Pharmaceuticals, Inc. ●		1,221
	145	Covance, Inc. ●		11,016
	196	Cubist Pharmaceuticals, Inc. ●		9,459
	1,061	Exelixis, Inc. ●		4,819
	21	Hyperion Therapeutics, Inc. ●		453
	436	Immunogen, Inc. ●		7,232
	257	Incyte Corp. ●		5,656
	532	Ironwood Pharmaceuticals, Inc. ●		5,294
	325	Medicines Co. ●		10,007
	675	NPS Pharmaceuticals, Inc. ●		10,188
	110	Optimer Pharmaceuticals, Inc. ●		1,588
	54	PAREXEL International Corp. ●		2,480
	31	Puma Biotechnology, Inc. ●		1,365
	328	Rigel Pharmaceuticals, Inc. ●		1,094
	194	Salix Pharmaceuticals Ltd. ●		12,857
	222	Seattle Genetics, Inc. ●		6,981
	89	Tesaro, Inc. ●		2,911
	113	Trius Therapeutics, Inc. ●		917
				111,837
		Real Estate - 2.1%
	126	Altisource Residential Corp. ●		2,105
	65	Armada Hoffler Properties, Inc.		760
	56	Colonial Properties Trust REIT		1,341
	51	Coresite Realty Corp. REIT		1,619
	132	Glimcher Realty Trust REIT		1,441
	20	Hatteras Financial Corp. REIT		495
	56	Medical Properties Trust, Inc. REIT		798
	296	Pebblebrook Hotel Trust REIT		7,657
	159	Potlatch Corp. REIT		6,422
	62	Ramco-Gershenson Properties Trust REIT		960
	85	Summit Hotel Properties, Inc. REIT		799
	146	Sunstone Hotel Investors, Inc. REIT ●		1,768
	45	Whitestone REIT		714
				26,879
		Retailing - 7.5%
	5,016	Allstar Co. ⌂●†		10,404

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 101.5% - (continued)
		Retailing - 7.5% - (continued)
	100	Ascena Retail Group, Inc. ●	$	1,738
	37	Cato Corp.		916
	43	Core-Mark Holding Co., Inc.		2,712
	255	CST Brands, Inc. ●		7,858
	584	Debenhams plc		847
	168	DSW, Inc.		12,309
	126	Five Below, Inc. ●		4,642
	24	Foot Locker, Inc.		843
	364	Francescas Holding Corp. ●		10,121
	30	Group 1 Automotive, Inc.		1,925
	147	Hibbett Sports, Inc. ●		8,150
	155	HomeAway, Inc. ●		4,999
	250	HSN, Inc.		13,413
	75	Mattress Firm Holding Corp. ●		3,034
	526	Pier 1 Imports, Inc.		12,366
	47	The Finish Line, Inc.		1,030
				97,307
		Semiconductors and Semiconductor Equipment - 2.3%
	1,804	Lattice Semiconductor Corp. ●		9,149
	210	Mindspeed Technologies, Inc. ●		680
	88	Nanometrics, Inc. ●		1,289
	809	SunEdison, Inc. ●		6,610
	316	Ultratech Stepper, Inc. ●		11,601
				29,329
		Software and Services - 21.0%
	267	Angie's List, Inc. ●		7,078
	73	Aspen Technology, Inc. ●		2,112
	25	Blackhawk Network Holdings, Inc. ●		585
	988	Cadence Design Systems, Inc. ●		14,311
	54	Cass Information Systems, Inc.		2,488
	9	Commvault Systems, Inc. ●		652
	165	Concur Technologies, Inc. ●		13,441
	174	Cornerstone OnDemand, Inc. ●		7,545
	66	CoStar Group, Inc. ●		8,472
	323	DealerTrack Technologies, Inc. ●		11,438
	87	Demandware, Inc. ●		3,711
	143	Fair Isaac, Inc.		6,553
	503	Fleetmatics Group Ltd. ●		16,701
	376	Heartland Payment Systems, Inc.		13,997
	165	Higher One Holdings, Inc. ●		1,919
	259	IAC/InterActiveCorp.		12,306
	327	Imperva, Inc. ●		14,736
	92	j2 Global, Inc.		3,917
	92	Keynote Systems, Inc.		1,816
	592	LivePerson, Inc. ●		5,302
	16	Manhattan Associates, Inc. ●		1,266
	187	Mitek Systems, Inc. ●		1,082
	103	Model N, Inc. ●		2,417
	95	Netscout Systems, Inc. ●		2,220
	46	Nuance Communications, Inc. ●		853
	34	Opentable, Inc. ●		2,187
	411	PTC, Inc. ●		10,085
	66	QLIK Technologies, Inc. ●		1,872
	139	Sapient Corp. ●		1,815
	233	ServiceNow, Inc. ●		9,406
	26	Solera Holdings, Inc.		1,434
	25	Sourcefire, Inc. ●		1,396
	113	Splunk, Inc. ●		5,227
	157	Stamps.com, Inc. ●		6,196
	364	Trulia, Inc. ●		11,326
	108	Tyler Corp. ●		7,424
	331	Verint Systems, Inc. ●		11,752
	246	Virtusa Corp. ●		5,447
	694	Web.com Group, Inc. ●		17,760
	145	WEX, Inc. ●		11,155
	546	WNS Holdings Ltd. ADR ●		9,107
				270,507
		Technology Hardware and Equipment - 4.2%
	54	Arris Group, Inc. ●		774
	203	Aruba Networks, Inc. ●		3,111
	57	CDW Corp. of Delaware ●		1,054
	18	Coherent, Inc.		1,015
	128	Emulex Corp. ●		831
	216	Extreme Networks, Inc. ●		746
	96	IPG Photonics Corp.		5,836
	534	Ixia ●		9,833
	913	JDS Uniphase Corp. ●		13,131
	255	Mitel Networks Corp. ●		979
	30	Netgear, Inc. ●		910
	91	Oplink Communications, Inc. ●		1,576
	182	ParkerVision, Inc. ●		827
	49	Plantronics, Inc.		2,172
	173	Rogers Corp. ●		8,167
	81	TTM Technologies, Inc. ●		679
	124	Ubiquiti Networks, Inc.		2,172
				53,813
		Telecommunication Services - 0.1%
	78	Allot Communications Ltd. ●		1,069
		Transportation - 3.2%
	419	Avis Budget Group, Inc. ●		12,046
	67	Celadon Group, Inc.		1,230
	134	Landstar System, Inc.		6,901
	75	Marten Transport Ltd.		1,177
	248	Old Dominion Freight Line, Inc. ●		10,342
	306	Spirit Airlines, Inc. ●		9,721
				41,417
		Utilities - 0.3%
	13	ALLETE, Inc.		623
	49	UNS Energy Corp.		2,203
	18	Westar Energy, Inc.		579
				3,405
		Total common stocks
		(cost $1,088,432)	$	1,310,637
EXCHANGE TRADED FUNDS - 0.8%
		Other Investment Pools and Funds - 0.8%
	89	iShares Russell 2000 Growth Index Fund	$	9,976
		Total exchange traded funds
		(cost $9,448)	$	9,976
		Total long-term investments
		(cost $1,097,880)	$	1,320,613

The accompanying notes are an integral part of these financial statements.

7

Hartford Small Company HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
SHORT-TERM INVESTMENTS - 2.5%
Repurchase Agreements - 2.5%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $119, collateralized by GNMA 3.00%, 2042, value of $121)
$	119	0.13%, 6/28/2013			$	119
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $2,525, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $2,569)
	2,525	0.15%, 6/28/2013				2,525
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $4,906, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $4,992)
	4,906	0.12%, 6/28/2013				4,906
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $3,399, collateralized by U.S. Treasury Note 3.13%, 2021, value of $3,455)
	3,399	0.10%, 6/28/2013				3,399
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $10,018, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $10,169)
	10,018	0.10%, 6/28/2013				10,018
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $119, collateralized by FNMA 4.50%, 2035, value of $121)
	119	0.25%, 6/28/2013				119
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $4,017, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $4,098)
	4,017	0.10%, 6/28/2013				4,017
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $7,085, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $7,205)
	7,085	0.12%, 6/28/2013				7,085
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $102, collateralized by U.S. Treasury Note 0.63%, 2014, value of $104)
	102	0.09%, 6/28/2013				102
						32,290
		Total short-term investments
		(cost $32,290)			$	32,290
		Total investments
		(cost $1,130,170) ▲	104.8	%	$	1,352,903
		Other assets and liabilities	(4.8	)%		(62,358	)
		Total net assets	100.0	%	$	1,290,545

The accompanying notes are an integral part of these financial statements.

8

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $1,137,816 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	252,201
Unrealized Depreciation		(37,114	)
Net Unrealized Appreciation	$	215,087

† These securities were valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company's Board of Directors.  At June 30, 2013, the aggregate value of these securities was $10,404, which represents 0.8% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

● Non-income producing.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $1,079, which represents 0.1% of total net assets.

⌂ 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
08/2011		5,016	Allstar Co.	$	2,964

At June 30, 2013, the aggregate value of these securities was $10,404, which represents 0.8% of total net assets.

Foreign Currency Contracts Outstanding at June 30, 2013
Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
CAD	Sell	07/03/2013	BCLY	$	268	$	267	$	1
CAD	Sell	07/02/2013	CSFB		347		347		–
GBP	Sell	07/01/2013	NAB		214		212		2
								$	3

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
CSFB	Credit Suisse First Boston Corp.
NAB	National Australia Bank
Currency Abbreviations:
CAD	Canadian Dollar
GBP	British Pound

Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

9

Hartford Small Company HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	1,310,637	$	1,285,712	$	14,521	$	10,404
Exchange Traded Funds		9,976		9,976		–		–
Short-Term Investments		32,290		–		32,290		–
Total	$	1,352,903	$	1,295,688	$	46,811	$	10,404
Foreign Currency Contracts *		3		–		3		–
Total	$	3	$	–	$	3	$	–

♦ For the six-month period ended June 30, 2013, investments valued at $1,076 were transferred from Level 1 to Level 2, and there were no transfers from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to:

1) Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1).

2) U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2).

3) Equity investments with no observable trading but a bid or close price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1).

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization		Purchases		Sales		Transfers Into Level 3		Transfers  Out of Level 3		Balance as of  June 30, 2013
Assets:
Common Stocks	$	7,074	$	—	$	3,330	*	$	—	$	—	$	—	$	—	$	—	$	10,404
Total	$	7,074	$	—	$	3,330		$	—	$	—	$	—	$	—	$	—	$	10,404

* Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $3,330.

The accompanying notes are an integral part of these financial statements.

10

Hartford Small Company HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $1,130,170)	$	1,352,903
Cash		27
Unrealized appreciation on foreign currency contracts		3
Receivables:
Investment securities sold		17,332
Fund shares sold		764
Dividends and interest		483
Other assets		—
Total assets		1,371,512
Liabilities:
Payables:
Investment securities purchased		18,206
Fund shares redeemed		62,530
Investment management fees		151
Distribution fees		5
Accrued expenses		75
Total liabilities		80,967
Net assets	$	1,290,545
Summary of Net Assets:
Capital stock and paid-in-capital	$	859,377
Undistributed net investment income		212
Accumulated net realized gain		208,224
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		222,732
Net assets	$	1,290,545
Shares authorized		1,500,000
Par value	$	0.001
Class IA: Net asset value per share	$	23.49
Shares outstanding		49,619
Net assets	$	1,165,698
Class IB: Net asset value per share	$	22.71
Shares outstanding		5,498
Net assets	$	124,847

The accompanying notes are an integral part of these financial statements.

11

Hartford Small Company HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	3,685
Interest		13
Less: Foreign tax withheld		(51	)
Total investment income, net		3,647
Expenses:
Investment management fees		4,537
Transfer agent fees		3
Distribution fees - Class IB		157
Custodian fees		11
Accounting services fees		80
Board of Directors' fees		17
Audit fees		10
Other expenses		92
Total expenses (before fees paid indirectly)		4,907
Commission recapture		(60	)
Total fees paid indirectly		(60	)
Total expenses, net		4,847
Net Investment Loss		(1,200	)
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		116,761
Net realized gain on foreign currency contracts		47
Net realized loss on other foreign currency transactions		(50	)
Net Realized Gain on Investments and Foreign Currency Transactions		116,758
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		113,328
Net unrealized appreciation of foreign currency contracts		—
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(2	)
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		113,326
Net Gain on Investments and Foreign Currency Transactions		230,084
Net Increase in Net Assets Resulting from Operations	$	228,884

The accompanying notes are an integral part of these financial statements.

12

Hartford Small Company HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income (loss)	$	(1,200	)	$	1,596
Net realized gain on investments and foreign currency transactions		116,758			105,170
Net unrealized appreciation of investments and foreign currency transactions		113,326			81,683
Net Increase in Net Assets Resulting from Operations		228,884			188,449
Distributions to Shareholders:
From net realized gain on investments
Class IA		—			(70	)
Class IB		—			(10	)
Total distributions		—			(80	)
Capital Share Transactions:
Class IA
Sold		54,918			86,327
Issued on reinvestment of distributions		—			70
Redeemed		(222,952	)		(217,332	)
Total capital share transactions		(168,034	)		(130,935	)
Class IB
Sold		15,199			17,856
Issued on reinvestment of distributions		—			10
Redeemed		(28,987	)		(78,670	)
Total capital share transactions		(13,788	)		(60,804	)
Net decrease from capital share transactions		(181,822	)		(191,739	)
Net Increase (Decrease) in Net Assets		47,062			(3,370	)
Net Assets:
Beginning of period		1,243,483			1,246,853
End of period	$	1,290,545		$	1,243,483
Undistributed (distribution in excess of) net investment income	$	212		$	1,412
Shares:
Class IA
Sold		2,494			4,505
Issued on reinvestment of distributions		—			4
Redeemed		(9,928	)		(11,366	)
Total share activity		(7,434	)		(6,857	)
Class IB
Sold		703			962
Issued on reinvestment of distributions		—			1
Redeemed		(1,350	)		(4,236	)
Total share activity		(647	)		(3,273	)

The accompanying notes are an integral part of these financial statements.

13

Hartford Small Company HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Small Company HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial Statements for the Fund, a series of the Company, are included in this report.

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”). The Fund’s portfolio managers are Steven C. Angeli (74.47%), Mammen Chally (20.77%) and Jamie A. Rome (4.76%). The portfolio management team also includes Stephen C. Mortimer and Mario E. Abularach. The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to

14

reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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 Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

15

Hartford Small Company HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate fluctuations are included with the net realized and unrealized gain or loss on investments in the accompanying financial statements.

16

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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

17

Hartford Small Company HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. As of June 30, 2013, the Fund had no outstanding when-issued or delayed-delivery investments.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

18

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Unrealized appreciation on foreign currency contracts	$	—	$	3	$	—	$	—	$	—	$	—	$	3
Total	$	—	$	3	$	—	$	—	$	—	$	—	$	3

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on foreign currency contracts	$	—	$	47	$	—	$	—	$	—	$	—	$	47
Total	$	—	$	47	$	—	$	—	$	—	$	—	$	47
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized appreciation of foreign currency contracts	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	—

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized  Assets		Gross Amounts Offset in Statement of  Assets and Liabilities		Net Amounts of Assets Presented in Statement of  Assets and Liabilities		Financial Instruments  with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	32,290	$	—	$	32,290	$	—	$	(32,834	)	$	—
Unrealized appreciation on foreign currency contracts		3		—		3		—		—			3
Total subject to a master netting or similar arrangement	$	32,293	$	—	$	32,293	$	—	$	(32,834	)	$	3

19

Hartford Small Company HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

20

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Long-Term Capital Gains*	$	80	$	—

* The Fund designates these distributions as long-term capital dividends pursuant to IRC Sec. 852(b)(3)(C).

	Amount
Undistributed Ordinary Income	$	2,065
Undistributed Long-Term Capital Gain		98,459
Unrealized Appreciation*		101,760
Total Accumulated Earnings	$	202,284

* Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(117	)
Accumulated Net Realized Gain (Loss)		746
Capital Stock and Paid-in-Capital		(629	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

The Fund had no capital loss carryforward for U.S. federal income tax purposes as of December 31, 2012.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

21

Hartford Small Company HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750	%
On next $250 million		0.7250	%
On next $500 million		0.6750	%
On next $500 million		0.6000	%
On next $3.5 billion		0.5500	%
On next $5 billion		0.5300	%
Over $10 billion		0.5200	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.012	%
Over $5 billion		0.010	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement of Operations.

22

The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.71	%
Class IB		0.96

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $1. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

g) Payments from Affiliates – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes payments from affiliates. Had the payments from the affiliates been excluded, the impact and total return for the periods listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA		Class IB
Impact from Payment from Affiliate for Attorneys General Settlement	0.08	%	0.09	%
Total Return Excluding Payment from Affiliate	29.18	%	28.90	%

23

Hartford Small Company HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	602,783
Sales Proceeds Excluding U.S. Government Obligations		749,995

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

24

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25

Hartford Small Company HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)			Net Realized and Unrealized Gain  (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from  Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	19.74	$	(0.01	)	$	3.76		$	3.75		$	–		$	–		$	–	$	–		$	23.49
IB		19.06		(0.05	)		3.70			3.65			–			–			–		–			22.71
For the Year Ended December 31, 2012
IA		17.07		0.03			2.64			2.67			–			–			–		–			19.74
IB		16.56		(0.03	)		2.53			2.50			–			–			–		–			19.06
For the Year Ended December 31, 2011
IA		17.66		(0.02	)		(0.57	)		(0.59	)		–			–			–		–			17.07
IB		17.18		(0.09	)		(0.53	)		(0.62	)		–			–			–		–			16.56
For the Year Ended December 31, 2010
IA		14.23		(0.01	)		3.44			3.43			–			–			–		–			17.66
IB		13.88		(0.06	)		3.36			3.30			–			–			–		–			17.18
For the Year Ended December 31, 2009
IA		11.01		–	(G)		3.22			3.22			–			–			–		–			14.23
IB		10.76		(0.03	)(G)		3.15			3.12			–			–			–		–			13.88
For the Year Ended December 31, 2008
IA		18.62		0.02			(7.56	)		(7.54	)		(0.02	)		(0.05	)		–		(0.07	)		11.01
IB		18.20		(0.01	)		(7.38	)		(7.39	)		–			(0.05	)		–		(0.05	)		10.76

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) The impact of Payment from Affiliate per share was $0.01.

(H) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

26

- Ratios and Supplemental Data -

Total Return(B)		Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
19.03	%(E)	$	1,165,698		0.72	%(F)		0.72	%(F)		(0.16	)%(F)		46	%
18.88	(E)		124,847		0.97	(F)		0.97	(F)		(0.41	) (F)		–
15.64			1,126,350		0.72			0.72			0.16			110
15.10			117,133		0.97			0.97			(0.13	)		–
(3.36	)		1,090,883		0.71			0.71			(0.13	)		99
(3.62	)		155,970		0.96			0.96			(0.38	)		–
24.13			1,180,045		0.73			0.73			(0.08	)		171
23.83			212,281		0.98			0.98			(0.33	)		–
29.29	(H)		1,026,150		0.75			0.75			(0.07	)		184
29.01	(H)		208,358		1.00			1.00			(0.32	)		–
(40.60	)		793,078		0.71			0.71			0.16			194
(40.73	)		179,411		0.96			0.96			(0.09	)		–

27

Hartford Small Company HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

28

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher (1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

29

Hartford Small Company HLS Fund

Directors and Officers (Unaudited) – (continued)

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

30

Hartford Small Company HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid  during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,190.30	$	3.91	$	1,000.00	$	1,021.22	$	3.61		0.72	%	181	365
Class IB	$	1,000.00	$	1,188.80	$	5.26	$	1,000.00	$	1,019.98	$	4.86		0.97	%	181	365

31

Hartford Small Company HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Small-cap Stock Risk: Small-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

32

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-SC13 8-13 113551-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD STOCK HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Stock HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	8
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	9
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	10
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	11
Notes to Financial Statements (Unaudited)	12
Financial Highlights (Unaudited)	24
Directors and Officers (Unaudited)	26
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	28
Quarterly Portfolio Holdings Information (Unaudited)	28
Expense Example (Unaudited)	29
Principal Risks (Unaudited)	30

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Stock HLS Fund inception 08/31/1977

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term growth of capital.

Performance Overview 6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†		1 Year		5 Years		10 Years
Stock IA		15.74%		20.12%		7.14%		6.80%
Stock IB		15.60%		19.82%		6.87%		6.53%
Russell 1000 Index		13.91%		21.24%		7.12%		7.67%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund's net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 1000 Index is an unmanaged index which measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies, based on total market capitalization.

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.51% and 0.76%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Stock HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers

Donald J. Kilbride

Senior Vice President and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Stock HLS Fund returned 15.74% for the six-month period ended June 30, 2013, outperforming the Russell 1000 Index, which returned 13.91% for the same period. For the same period, the Fund also outperformed the 13.60% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

Overall equity market performance was positive for the period across all market capitalizations: large cap (+14%), mid caps (+15%) and small cap equities (+16%) all rose meaningfully, as represented by the Russell 1000, S&P Midcap 400, and Russell 2000 Indices, respectively. During the six-month period all ten sectors rose within the Russell 1000 Index, led by Health Care (+20%), Consumer Discretionary (+20%), and Financials (+18%). Materials (+3%) and Information Technology (+6%) lagged on a relative basis.

The Fund’s outperformance versus the benchmark was driven by strong security selection in Information Technology, Materials and Consumer Discretionary. This was modestly offset by weaker security selection in Energy and Health Care. Sector allocation overall was also a contributor to relative performance due to an underweight (i.e. the Fund’s sector position was less than the benchmark position) to Information Technology and an overweight to Health Care. Note that sector positioning is typically an indirect result of our deliberate bottom-up security selection.

Top contributors to benchmark relative performance during the period were Apple (Information Technology), Microsoft (Information Technology), and Roche (Health Care). Apple, a provider of smartphones, tablets, and other personal technology items, saw its shares fall during the period after the firm slightly missed earnings expectations due to weaker-than-expected iPad sales. In addition, the company gave disappointing revenue and earnings guidance. Not holding benchmark constituent Apple during this period aided relative performance. Shares of Microsoft, a U.S.-based software company, rose during the period after the company posted better-than-expected quarterly earnings. The enterprise business continued to deliver strong results, more than offsetting the sluggish consumer business. Shares of Roche, a Swiss-based global health care company, outperformed during the period. Investors became more positive about the company's near-term product roll out and future drug pipeline as eleven of fourteen Phase III trials delivered positive results in 2012. Microsoft (Information Technology), Johnson & Johnson (Health Care), and Roche (Health Care) were the top contributors to performance on an absolute basis (i.e. total return).

Stocks that detracted the most from benchmark relative returns during the period were CH Robinson Worldwide (Industrials), Oracle (Information Technology), and Enbridge (Energy). Shares of CH Robinson Worldwide, a freight transportation services and logistics solutions provider, fell during the quarter after the company announced disappointing earnings, which were challenged by a slow volume recovery. Shares of Oracle, a provider of enterprise software (Database and Middleware), fell during the period after the company reported quarterly results that missed consensus expectations. Shares of Enbridge, a transporter and distributor of energy across North America, fell during the period as some investors were disappointed by management's cautious tone for the remainder of the year. Additionally, a large secondary offering added temporary pressure on the shares. CH Robinson Worldwide

3

Hartford Stock HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

(Industrials), Oracle (Information Technology), and Merck (Health Care) were the top detractors from performance on an absolute basis.

What is the outlook?

As a reminder, we try to measure the prospects for the portfolio’s current and potential holdings over a five-year horizon. We continue to have high conviction in the virtue of our dividend-oriented approach in which we seek to find companies that we believe have above-average growth in dividends.

We continue to believe that global investors are presenting too optimistic a view of the underlying health of the world’s economy. While the effect of massive central bank liquidity seems to have nudged employment in the right direction, we remain concerned with the private sector’s ability to take the momentum to the next level. Indeed, we believe that the rather dramatic equity market sell-off that followed the mere suggestion of a slowdown in Fed purchase activity seems to suggest as much. We believe that earnings results from the recently completed second quarter are likely to confirm this continued softness as well. As always, we will aggressively use any price weakness that might occur to seek to raise the quality of the portfolio.

At the end of the period, our bottom-up investment approach resulted in overweight exposures in Health Care, Consumer Discretionary, and Industrials as we continued to find attractive investment opportunities in these sectors. The Fund’s largest underweights relative to the Russell 1000 Index were in Financials, Information Technology, and Telecommunication Services.

Diversification by Industry

as of June 30, 2013

Industry (Sector)	Percentage of Net Assets
Banks (Financials)		3.6	%
Capital Goods (Industrials)		10.0
Consumer Durables and Apparel (Consumer Discretionary)		3.6
Consumer Services (Consumer Discretionary)		3.2
Diversified Financials (Financials)		1.6
Energy (Energy)		8.9
Food and Staples Retailing (Consumer Staples)		4.0
Food, Beverage and Tobacco (Consumer Staples)		3.3
Health Care Equipment and Services (Health Care)		6.8
Household and Personal Products (Consumer Staples)		3.7
Insurance (Financials)		3.7
Materials (Materials)		4.2
Media (Consumer Discretionary)		3.6
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		13.5
Real Estate (Financials)		1.1
Retailing (Consumer Discretionary)		5.8
Software and Services (Information Technology)		11.1
Transportation (Industrials)		3.9
Utilities (Utilities)		1.3
Short-Term Investments		2.8
Other Assets and Liabilities		0.3
Total		100.0	%

4

Hartford Stock HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 96.9%
		Banks - 3.6%
	448	PNC Financial Services Group, Inc.	$	32,690
	783	Wells Fargo & Co.		32,313
				65,003
		Capital Goods - 10.0%
	333	Emerson Electric Co.		18,159
	418	General Dynamics Corp.		32,724
	368	Honeywell International, Inc.		29,233
	390	Lockheed Martin Corp.		42,275
	266	Northrop Grumman Corp.		22,011
	396	United Technologies Corp.		36,799
				181,201
		Consumer Durables and Apparel - 3.6%
	687	Mattel, Inc.		31,141
	520	NIKE, Inc. Class B		33,132
				64,273
		Consumer Services - 3.2%
	587	McDonald's Corp.		58,120
		Diversified Financials - 1.6%
	114	BlackRock, Inc.		29,360
		Energy - 8.9%
	1,730	BG Group plc		29,398
	220	Chevron Corp.		26,082
	722	Enbridge, Inc.		30,359
	450	Exxon Mobil Corp.		40,630
	385	Occidental Petroleum Corp.		34,379
				160,848
		Food and Staples Retailing - 4.0%
	566	CVS Caremark Corp.		32,370
	534	Wal-Mart Stores, Inc.		39,787
				72,157
		Food, Beverage and Tobacco - 3.3%
	590	Coca-Cola Co.		23,647
	443	PepsiCo, Inc.		36,225
				59,872
		Health Care Equipment and Services - 6.8%
	905	Cardinal Health, Inc.		42,708
	839	Medtronic, Inc.		43,198
	566	UnitedHealth Group, Inc.		37,060
				122,966
		Household and Personal Products - 3.7%
	481	Colgate-Palmolive Co.		27,564
	515	Procter & Gamble Co.		39,638
				67,202
		Insurance - 3.7%
	353	ACE Ltd.		31,585
	205	Chubb Corp.		17,346
	452	Marsh & McLennan Cos., Inc.		18,028
				66,959
		Materials - 4.2%
	360	Ecolab, Inc.		30,697
	385	Praxair, Inc.		44,295
				74,992
		Media - 3.6%
	639	Omnicom Group, Inc.		40,182
	400	Walt Disney Co.		25,268
				65,450
		Pharmaceuticals, Biotechnology and Life Sciences - 13.5%
	318	Amgen, Inc.		31,405
	628	Johnson & Johnson		53,910
	925	Merck & Co., Inc.		42,945
	1,213	Pfizer, Inc.		33,982
	189	Roche Holding AG		46,933
	907	Teva Pharmaceutical Industries Ltd. ADR		35,555
				244,730
		Real Estate - 1.1%
	128	Public Storage REIT		19,665
		Retailing - 5.8%
	9,440	Allstar Co. ⌂●†		19,578
	10,986	Buck Holdings L.P. ⌂●†		3,335
	900	Lowe's Cos., Inc.		36,813
	650	Target Corp.		44,780
				104,506
		Software and Services - 11.1%
	338	Accenture plc		24,319
	642	Automatic Data Processing, Inc.		44,190
	200	IBM Corp.		38,297
	1,743	Microsoft Corp.		60,187
	1,112	Oracle Corp.		34,162
				201,155
		Transportation - 3.9%
	313	C.H. Robinson Worldwide, Inc.		17,642
	614	United Parcel Service, Inc. Class B		53,139
				70,781
		Utilities - 1.3%
	397	Dominion Resources, Inc.		22,545
		Total common stocks
		(cost $1,479,047)	$	1,751,785
		Total long-term investments
		(cost $1,479,047)	$	1,751,785
SHORT-TERM INVESTMENTS - 2.8%
Repurchase Agreements - 2.8%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $189, collateralized by GNMA 3.00%, 2042, value of $192)
$	189	0.13%, 6/28/2013	$	189
		Bank of Montreal  TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $4,018, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $4,088)
	4,018	0.15%, 6/28/2013		4,018

The accompanying notes are an integral part of these financial statements.

5

Hartford Stock HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
SHORT-TERM INVESTMENTS - 2.8% - (continued)
Repurchase Agreements - 2.8% - (continued)
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $7,806, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $7,944)
$	7,806	0.12%, 6/28/2013			$	7,806
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $5,409, collateralized by U.S. Treasury Note 3.13%, 2021, value of $5,499)
	5,409	0.10%, 6/28/2013				5,409
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $15,941, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $16,181)
	15,941	0.10%, 6/28/2013				15,941
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $189, collateralized by FNMA 4.50%, 2035, value of $192)
	189	0.25%, 6/28/2013				189
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $6,393, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $6,521)
	6,393	0.10%, 6/28/2013				6,393
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $11,274, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $11,466)
	11,274	0.12%, 6/28/2013				11,274
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $163, collateralized by U.S. Treasury Note 0.63%, 2014, value of $166)
	163	0.09%, 6/28/2013				163
						51,382
		Total short-term investments
		(cost $51,382)			$	51,382
		Total investments
		(cost $1,530,429)▲	99.7	%	$	1,803,167
		Other assets and liabilities	0.3	%		5,414
		Total net assets	100.0	%	$	1,808,581

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $1,536,415 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	289,185
Unrealized Depreciation		(22,433	)
Net Unrealized Appreciation	$	266,752

† These securities were valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company's Board of Directors.  At June 30, 2013, the aggregate value of these securities was $22,913, which represents 1.3% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

● Non-income producing.

⌂ 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
08/2011		9,440	Allstar Co.	$	5,578
06/2007		10,986	Buck Holdings L.P.	$	742

At June 30, 2013, the aggregate value of these securities was $22,913, which represents 1.3% of total net assets.

Foreign Currency Contracts Outstanding at June 30, 2013

Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
CHF	Sell	07/03/2013	UBS	$	571	$	571	$	–
GBP	Sell	07/03/2013	BCLY		364		364		–
								$	–

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
UBS	UBS AG
Currency Abbreviations:
CHF	Swiss Franc
GBP	British Pound
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
REIT	Real Estate Investment Trust

The accompanying notes are an integral part of these financial statements.

7

Hartford Stock HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	1,751,785	$	1,652,541	$	76,331	$	22,913
Short-Term Investments		51,382		–		51,382		–
Total	$	1,803,167	$	1,652,541	$	127,713	$	22,913
Liabilities:
Foreign Currency Contracts *		–		–		–		–
Total	$	–	$	–	$	–	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization		Purchases		Sales			Transfers Into Level 3		Transfers Out of Level 3		Balance as of June 30, 2013
Assets:
Common Stocks	$	21,169	$	4,993	$	2,956	*	$	—	$	—	$	(6,205	)	$	—	$	—	$	22,913
Total	$	21,169	$	4,993	$	2,956		$	—	$	—	$	(6,205	)	$	—	$	—	$	22,913

* Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $2,956.

The accompanying notes are an integral part of these financial statements.

8

Hartford Stock HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $1,530,429)	$	1,803,167
Cash		56
Receivables:
Investment securities sold		38,887
Fund shares sold		420
Dividends and interest		2,329
Total assets		1,844,859
Liabilities:
Unrealized depreciation on foreign currency contracts		—
Payables:
Investment securities purchased		34,970
Fund shares redeemed		1,059
Investment management fees		141
Distribution fees		8
Accrued expenses		100
Total liabilities		36,278
Net assets	$	1,808,581
Summary of Net Assets:
Capital stock and paid-in-capital	$	2,158,224
Undistributed net investment income		17,618
Accumulated net realized loss		(640,007	)
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		272,746
Net assets	$	1,808,581
Shares authorized		4,000,000
Par value	$	0.001
Class IA: Net asset value per share	$	51.77
Shares outstanding		31,023
Net assets	$	1,606,100
Class IB: Net asset value per share	$	51.68
Shares outstanding		3,918
Net assets	$	202,481

The accompanying notes are an integral part of these financial statements.

9

Hartford Stock HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	22,585
Interest		17
Less: Foreign tax withheld		(369	)
Total investment income, net		22,233
Expenses:
Investment management fees		4,289
Distribution fees - Class IB		258
Custodian fees		6
Accounting services fees		91
Board of Directors' fees		24
Audit fees		10
Other expenses		142
Total expenses (before fees paid indirectly)		4,820
Commission recapture		(1	)
Custodian fee offset		—
Total fees paid indirectly		(1	)
Total expenses, net		4,819
Net Investment Income		17,414
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		84,699
Net realized gain on foreign currency contracts		35
Net realized loss on other foreign currency transactions		(59	)
Net Realized Gain on Investments and Foreign Currency Transactions		84,675
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		161,351
Net unrealized depreciation of foreign currency contracts		—
Net unrealized appreciation on translation of other assets and liabilities in foreign currencies		6
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		161,357
Net Gain on Investments and Foreign Currency Transactions		246,032
Net Increase in Net Assets Resulting from Operations	$	263,446

The accompanying notes are an integral part of these financial statements.

10

Hartford Stock HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	17,414		$	33,887
Net realized gain on investments and foreign currency transactions		84,675			236,957
Net unrealized appreciation (depreciation) of investments and foreign currency transactions		161,357			(18,825	)
Net Increase in Net Assets Resulting from Operations		263,446			252,019
Distributions to Shareholders:
From net investment income
Class IA		—			(32,577	)
Class IB		—			(3,720	)
Total distributions		—			(36,297	)
Capital Share Transactions:
Class IA
Sold		17,395			24,409
Issued on reinvestment of distributions		—			32,577
Redeemed		(176,809	)		(328,593	)
Total capital share transactions		(159,414	)		(271,607	)
Class IB
Sold		6,665			8,307
Issued on reinvestment of distributions		—			3,720
Redeemed		(34,385	)		(70,038	)
Total capital share transactions		(27,720	)		(58,011	)
Net decrease from capital share transactions		(187,134	)		(329,618	)
Net Increase (Decrease) in Net Assets		76,312			(113,896	)
Net Assets:
Beginning of period		1,732,269			1,846,165
End of period	$	1,808,581		$	1,732,269
Undistributed (distribution in excess of) net investment income	$	17,618		$	204
Shares:
Class IA
Sold		347			554
Issued on reinvestment of distributions		—			728
Redeemed		(3,577	)		(7,451	)
Total share activity		(3,230	)		(6,169	)
Class IB
Sold		134			190
Issued on reinvestment of distributions		—			83
Redeemed		(693	)		(1,592	)
Total share activity		(559	)		(1,319	)

The accompanying notes are an integral part of these financial statements.

11

Hartford Stock HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Stock HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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

12

Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative

13

Hartford Stock HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

14

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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

15

Hartford Stock HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

Risk Exposure Category

Interest Rate Contracts

Foreign Exchange Contracts

Credit Contracts

Equity Contracts

Commodity Contracts

Other Contracts

Total

Liabilities:

Unrealized depreciation on foreign currency contracts

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Total

$

—

$

—

$

—

$

—

$

—

$

—

$

—

The volume of derivative activity was minimal during the six-month period ended June 30, 2013.

16

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on foreign currency contracts	$	—	$	35	$	—	$	—	$	—	$	—	$	35
Total	$	—	$	35	$	—	$	—	$	—	$	—	$	35
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized appreciation of foreign currency contracts	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	—

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	51,382	$	—	$	51,382	$	—	$	(52,249	)	$	—
Total subject to a master netting or similar arrangement	$	51,382	$	—	$	51,382	$	—	$	(52,249	)	$	—

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description

Gross Amounts of Recognized Liabilities

Gross Amounts Offset in Statement of Assets and Liabilities

Net Amounts of Assets Presented in Statement of Assets and Liabilities

Financial Instruments with Allowable Netting

Collateral Pledged

Net Amount (not less than 0)

Unrealized depreciation on foreign currency contracts

$

—

$

—

$

—

$

—

$

—

$

—

Total subject to a master netting or similar arrangement

$

—

$

—

$

—

$

—

$

—

$

—

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

17

Hartford Stock HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	36,297	$	25,942

18

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	204
Accumulated Capital and Other Losses*		(718,694	)
Unrealized Appreciation†		105,401
Total Accumulated Deficit	$	(613,089	)

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	78
Accumulated Net Realized Gain (Loss)		(78	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	718,694
Total	$	718,694

During the year ended December 31, 2012, the Fund utilized $225,623 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized

19

Hartford Stock HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.5250	%
On next $250 million		0.5000	%
On next $500 million		0.4750	%
On next $4 billion		0.4500	%
On next $5 billion		0.4475	%
Over $10 billion		0.4450	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All assets		0.010	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement of Operations.

20

The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.50	%
Class IB		0.75

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $1. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		—	%		—	%
Total Return Excluding Payment from Affiliate		41.53	%		41.18	%

21

Hartford Stock HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	261,597
Sales Proceeds Excluding U.S. Government Obligations		465,096

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

22

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23

Hartford Stock HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	44.73	$	0.51	$	6.53		$	7.04		$	–		$	–		$	–	$	–		$	51.77
IB		44.71		0.45		6.52			6.97			–			–			–		–			51.68
For the Year Ended December 31, 2012
IA		39.95		0.91		4.83			5.74			(0.96	)		–			–		(0.96	)		44.73
IB		39.92		0.82		4.81			5.63			(0.84	)		–			–		(0.84	)		44.71
For the Year Ended December 31, 2011
IA		40.98		0.62		(1.07	)		(0.45	)		(0.58	)		–			–		(0.58	)		39.95
IB		40.94		0.51		(1.06	)		(0.55	)		(0.47	)		–			–		(0.47	)		39.92
For the Year Ended December 31, 2010
IA		36.10		0.44		4.89			5.33			(0.45	)		–			–		(0.45	)		40.98
IB		36.06		0.35		4.88			5.23			(0.35	)		–			–		(0.35	)		40.94
For the Year Ended December 31, 2009
IA		25.86		0.48		10.25			10.73			(0.49	)		–			–		(0.49	)		36.10
IB		25.84		0.39		10.24			10.63			(0.41	)		–			–		(0.41	)		36.06
For the Year Ended December 31, 2008
IA		47.11		0.59		(20.79	)		(20.20	)		(0.81	)		(0.24	)		–		(1.05	)		25.86
IB		47.00		0.50		(20.72	)		(20.22	)		(0.70	)		(0.24	)		–		(0.94	)		25.84

(A)	Information presented relates to a share outstanding throughout the indicated period.
(B)	The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.
(C)	Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.
(D)	Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.
(E)	Not annualized.
(F)	Annualized.
(G)	Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

24

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	15.74	%(E)	$	1,606,100		0.50	%(F)		0.50	%(F)		1.95	%(F)		15	%
	15.60	(E)		202,481		0.75	(F)		0.75	(F)		1.70	(F)		–
	14.38			1,532,116		0.51			0.51			1.86			82
	14.10			200,153		0.76			0.76			1.61			–
	(1.09	)		1,614,788		0.50			0.50			1.37			43
	(1.34	)		231,377		0.75			0.75			1.11			–
	14.80			1,980,502		0.50			0.50			1.09			77
	14.51			300,279		0.75			0.75			0.84			–
	41.54	(G)		2,055,227		0.51			0.51			1.43			84
	41.18	(G)		328,275		0.76			0.76			1.19			–
	(43.13	)		1,810,864		0.49			0.49			1.38			89
	(43.27	)		287,794		0.74			0.74			1.13			–

25

Hartford Stock HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

26

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

27

Hartford Stock HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

28

Hartford Stock HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year		Days in the full year
Class IA	$	1,000.00	$	1,157.40	$	2.67	$	1,000.00	$	1,022.32	$	2.51		0.50	%		181		365
Class IB	$	1,000.00	$	1,156.00	$	4.01	$	1,000.00	$	1,021.08	$	3.76		0.75	%		181		365

29

Hartford Stock HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

Market, Selection and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

30

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-S13 8-13 113554-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD TOTAL RETURN BOND HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Total Return Bond HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	6
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	26
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	27
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	28
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	29
Notes to Financial Statements (Unaudited)	30
Financial Highlights (Unaudited)	48
Directors and Officers (Unaudited)	50
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	52
Quarterly Portfolio Holdings Information (Unaudited)	52
Expense Example (Unaudited)	53
Principal Risks (Unaudited)	54

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under ‘‘Why did the Fund perform this way?’’ and ‘‘What is the outlook?’’ are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Total Return Bond HLS Fund inception 08/31/1977

(sub-advised by Wellington Management Company, LLP)

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

Performance Overview 6/30/03 - 6/30/13 

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13) 

	6 Month†		1 Year		5 Years		10 Years
Total Return Bond IA		-2.98%		0.78%		5.04%		4.29%
Total Return Bond IB		-3.10%		0.53%		4.78%		4.03%
Barclays U.S. Aggregate Bond Index		-2.44%		-0.68%		5.19%		4.52%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Performance information includes performance under the Fund’s previous sub-adviser, Hartford Investment Management Company. As of March 5, 2012, Hartford Investment Management Company no longer serves as the sub-adviser to the Fund.

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

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.50% and 0.75%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Total Return Bond HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Joseph F. Marvan, CFA	Lucius T. Hill, III	Campe Goodman, CFA
Senior Vice President and Fixed Income Portfolio Manager	Senior Vice President and Fixed Income Portfolio Manager	Vice President and Fixed Income Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Total Return Bond HLS Fund returned -2.98% for the six-month period ended June 30, 2013, underperforming the Fund’s benchmark, the Barclays U.S. Aggregate Bond Index, which returned -2.44% for the same period. The Fund also underperformed the -2.55% average return of the Variable Products-Underlying Funds Lipper Intermediate Investment Grade Debt Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Central bank easing and signs of gradual global economic recovery imparted a positive tone to financial markets early in the year. However, sentiment abruptly changed late in the period after the Federal Reserve (Fed) surprised markets with its earlier-than-expected plan to reduce asset purchases, sending yields sharply higher.

The Federal Open Market Committee began to publically debate the costs of open-ended bond purchases during the first quarter, raising concerns that these will end sooner than anticipated. But it was statements by Fed reserve policymakers on June 18 and 19 that really caught market participants off guard with their unexpectedly agressive tone. Specifically, Fed officials signaled a readiness to begin reducing the central bank’s asset purchases under quantitative easing (QE) by September, and to end purchases by mid-2014 if the economy strengthened sufficiently.

In contrast to the Fed’s aggressive rhetoric, European Central Bank (ECB) officials made it clear they are in no hurry to end the central bank's accommodative stance as the eurozone’s economic recovery continued to be the world’s weakest by a large margin. Meanwhile, stress in Chinese money markets coincided with signs of slowing growth. China's central bank attempted to tighten credit at the same time that global markets were closely watching the Fed's attempts to move toward tighter policy.

U.S. economic data signaled that the economy remains on a moderate growth path, underpinned by the housing and labor markets. The residential real estate recovery continued to pick up steam as home sales rose; house prices saw their greatest annual gain in seven years, according to data from S&P/Case-Shiller. Rising home values and equity-market gains helped boost consumer confidence and prop up consumption. However, manufacturing activity contracted and growth in the services sector slowed.

Worries over an eventual end to record-low borrowing rates in the U.S. fueled a massive, broad-based sell-off across nearly all corners of the global financial markets in June. The Treasury yield curve steepened as the 10-year Treasury yield surged 0.73% to end the period at 2.49%, the highest level since August 2011. Major fixed income sectors, with the exception of high yield, posted negative absolute returns driven by rising rates and underperformed Treasuries on a duration-adjusted basis during the 6-month period.

The primary drivers of the Fund’s underperformance were its high yield credit, emerging market debt (EMD), commercial mortgage backed securities (CMBS) and Non-Dollar exposures. Positive results from an allocation to bank loans and BB-rated high yield issuers were more than offset by the negative impact of high yield credit default swap index positions, which were used as a source of liquidity and to manage overall portfolio risk. The Fund’s positioning in high yield credit detracted from performance overall. Our allocation to EMD detracted from performance particularly in the second quarter when EM spreads widened on concerns over early Fed tapering of its monthly bond purchases and protests in Brazil and Turkey. Our EMD positions were primarily implemented via credit default index swaps. The Fund’s agency MBS pass-throughs positioning, particularly in lower coupons, had a negative impact on performance. Our CMBS exposure, which also detracted from performance, was gained via a combination of bonds and credit default swap indexes. The Fund’s Non-Dollar exposure, via forwards and futures, also hurt relative performance. The Fund’s tactical duration posture detracted from relative results over the period as gains in January from maintaining a short duration posture were more than offset by a long duration posture in June when the Fed signaled an earlier-than-expected end to quantitative easing, driving Treasury yields sharply higher out of their previously narrow range.

The Fund’s non-agency mortgage exposure was a significant positive for performance as strong performance in the non-agency sector carried over into 2013 amid continued improvement in housing and investors’ appetite for higher yielding securities. Our tactical investment grade credit

3

Hartford Total Return Bond HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

positioning via credit default swaps indexes also contributed to relative results.

What is the outlook?

In the U.S., we maintain a moderately procyclical risk bias. While sector valuations have improved, Fed tapering of its monthly bond purchases rhetoric has introduced volatility and economic uncertainty into the markets. We are concerned about the potential impact of higher rates on the housing sector and on business activity in general. Federal government spending cuts scheduled for later this year will also weigh on economic growth.

We expect the Fed to maintain its low-rate stance, although the central bank has made clear that the timing of any tapering off in policy accommodation will be data dependent. We believe that the 10-year yield is likely to trade in a range over the near term. We plan to tactically trade this range, adding duration when yields reach the top end of the range and reducing duration when rates drift toward the lower end.

As of the end of the period, we continued to favor bank loans, which have experienced strong demand amid the backup in yields given their floating-rate coupon structure. We believe upper-quality-tier high yield also looks attractive, but less so than bank loans. We maintained an allocation to non-agency MBS and overweights to CMBS and investment-grade financials. At the end of the period, we had a tactical overweight to agency MBS, where supply is dwindling and valuations look attractive. Extension risk is increasing with the rise in rates, however, making us somewhat cautious on the sector. We maintained an allocation to EMD based on attractive valuations. Within Non-Dollar, we expect the North American economy to underperform Europe, with U.S. and Canadian rates outperforming U.K. and German rates. We also expect better growth and higher inflation in Japan and had a short Japanese Government bond position at the end of the period.

Diversification by Industry

as of June 30, 2013

Industry	Percentage of Net Assets
Fixed Income Securities
Accommodation and Food Services		0.2	%
Administrative Waste Management and Remediation		0.2
Air Transportation		0.3
Apparel Manufacturing		0.1
Arts, Entertainment and Recreation		2.8
Beverage and Tobacco Product Manufacturing		1.0
Chemical Manufacturing		0.5
Computer and Electronic Product Manufacturing		0.4
Construction		0.1
Educational Services		0.0
Fabricated Metal Product Manufacturing		0.2
Finance and Insurance		30.5
Food Manufacturing		0.2
Food Services		0.1
Furniture and Related Product Manufacturing		0.0
General Obligations		0.5
Health Care and Social Assistance		1.8
Higher Education (Univ., Dorms, etc.)		0.1
Information		3.7
Machinery Manufacturing		0.2
Mining		1.0
Miscellaneous Manufacturing		0.6
Motor Vehicle and Parts Manufacturing		0.2
Nonmetallic Mineral Product Manufacturing		0.2
Other Services		0.0
Paper Manufacturing		0.1
Petroleum and Coal Products Manufacturing		2.4
Pipeline Transportation		0.6
Plastics and Rubber Products Manufacturing		0.2
Primary Metal Manufacturing		0.2
Professional, Scientific and Technical Services		0.2
Real Estate and Rental and Leasing		0.8
Retail Trade		2.1
Tax Allocation		0.0
Transportation Equipment Manufacturing		0.2
Truck Transportation		0.3
Utilities		1.3
Utilities - Electric		0.3
Utilities - Water and Sewer		0.2
Wholesale Trade		0.3
Total		54.1	%
Equity Securities
Diversified Banks		0.0
Other Diversified Financial Services		0.1
Total		0.1	%
Foreign Government Obligations		0.4
Put Options Purchased		0.0
U.S. Government Agencies		57.0
U.S. Government Securities		14.7
Short-Term Investments		4.3
Other Assets and Liabilities		(30.6	)
Total		100.0	%

The above table represents investments by industry, rather than industry sub-classifications. Each industry combines multiple sub-classifications into one industry category. Detailed information on sub-classification breakdowns is available in the Schedule of Investments.

4

Distribution by Credit Quality

as of June 30, 2013

Credit Rating *	Percentage of Net Assets
Aaa / AAA		6.1	%
Aa / AA		3.3
A		7.2
Baa / BBB		18.0
Ba / BB		9.2
B		4.5
Caa / CCC or Lower		5.5
Unrated		0.7
U.S. Government Agencies and Securities		71.7
Non-Debt Securities and Other Short-Term Instruments		4.4
Other Assets & Liabilities		(30.6	)
Total		100.0	%

* Does not apply to the Fund itself. Based upon Moody’s and S&P long-term credit ratings for the Fund’s holdings as of the date noted. If Moody's and S&P assign different ratings to a holding, the lower rating is used. "Unrated" includes fixed-income securities (other than cash-like short-term instruments and U.S. Government securities) for which Moody’s and S&P have not issued long-term credit ratings.

5

Hartford Total Return Bond HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 16.4%
Finance and Insurance - 16.2%
		Captive Auto Finance - 1.7%
		Ally Automotive Receivables Trust
$	5,675	3.38%, 09/15/2017 ■	$	5,811
	5,650	3.61%, 08/15/2016 ■		5,739
		Carnow Automotive Receivables Trust
	198	2.09%, 01/15/2015 ■		198
		CPS Automotive Trust
	2,915	1.82%, 12/16/2019 ■		2,928
		Credit Acceptance Automotive Loan Trust
	5,325	1.21%, 10/15/2020 ■		5,284
	1,860	2.21%, 09/15/2020 ■		1,865
	5,115	3.12%, 03/16/2020 ■		5,130
		Ford Credit Automotive Owner Trust
	4,600	2.54%, 02/15/2016		4,707
	3,680	3.21%, 07/15/2017		3,818
	1,730	5.53%, 05/15/2016 ■		1,782
		Ford Credit Floorplan Master Owner Trust
	6,225	1.50%, 09/15/2015		6,239
		Harley-Davidson Motorcycle Trust
	4,180	2.12%, 08/15/2017		4,203
		Hyundai Automotive Receivables Trust
	6,710	2.27%, 02/15/2017		6,864
		Prestige Automotive Receivables Trust
	3,855	2.49%, 04/16/2018 ■		3,872
		Santander Drive Automotive Receivables Trust
	5,125	3.89%, 07/17/2017		5,260
		SNAAC Automotive Receivables Trust
	1,092	1.78%, 06/15/2016 ■		1,096
				64,796
		Captive Retail Finance - 0.1%
		CNH Equipment Trust
	3,075	2.97%, 05/15/2017		3,145
		Real Estate Credit (Mortgage Banking) - 14.4%
		American Home Mortgage Assets
	2,570	1.11%, 10/25/2046 Δ		1,856
		Asset Backed Funding Certificates
	4,787	0.41%, 01/25/2037 Δ		2,604
		Banc of America Commercial Mortgage, Inc.
	6,070	5.19%, 09/10/2047 Δ		6,544
	11,725	5.21%, 11/10/2042 Δ		12,366
	2,780	5.63%, 07/10/2046 Δ		3,051
		Banc of America Funding Corp.
	7,786	0.49%, 05/20/2047 Δ		6,293
	9,866	5.77%, 05/25/2037		8,649
	445	5.85%, 01/25/2037		361
		BB-UBS Trust
	11,170	3.43%, 11/05/2036 ■		10,460
		BCAP LLC Trust
	1,602	0.36%, 01/25/2037 Δ		1,146
	4,041	0.37%, 03/25/2037 Δ		3,200
		Bear Stearns Adjustable Rate Mortgage Trust
	6,626	2.32%, 08/25/2035 Δ		6,521
	10,098	2.47%, 10/25/2035 Δ		9,607
		Bear Stearns Alt-A Trust
	882	0.57%, 05/25/2036 Δ		529
		Bear Stearns Commercial Mortgage Securities, Inc.
	7,015	5.15%, 10/12/2042 Δ		7,564
	2,010	5.47%, 01/12/2045		2,253
	3,600	5.54%, 10/12/2041		3,997
		Cal Funding II Ltd.
	1,909	3.47%, 10/25/2027 ■		1,889
		Citigroup Commercial Mortgage Trust
	3,480	3.09%, 03/10/2023 Δ		3,268
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	2,300	5.30%, 01/15/2046 Δ		2,486
	7,950	5.32%, 12/11/2049		8,752
		Commercial Mortgage Loan Trust
	8,640	6.01%, 12/10/2049 Δ		9,777
		Commercial Mortgage Pass-Through Certificates
	27,615	0.67%, 07/10/2046 ■►		1,970
	640	2.82%, 11/15/2045		594
	650	2.85%, 10/15/2045		601
	4,190	4.33%, 12/10/2045 ■Δ		2,937
	8,135	5.75%, 06/10/2046 Δ		8,942
		Community or Commercial Mortgage Trust
	2,065	2.77%, 12/10/2045		1,900
	860	3.10%, 02/10/2023		810
	4,610	3.21%, 04/10/2023		4,368
	2,575	3.42%, 03/10/2031 ■		2,472
	2,540	4.75%, 11/15/2045 ■		1,931
		Consumer Portfolio Services, Inc.
	572	5.01%, 06/17/2019 ■		597
		Countrywide Alternative Loan Trust
	3,827	0.51%, 11/25/2035 Δ		2,822
		Countrywide Home Loans, Inc.
	1,242	3.00%, 04/20/2036 Δ		828
	7,364	3.08%, 09/25/2047 Δ		5,933
		Credit Suisse Mortgage Capital Certificates
	6,965	5.47%, 09/15/2039		7,673
		CS First Boston Mortgage Securities Corp.
	2,364	4.83%, 04/15/2037		2,483
	5,304	5.50%, 06/25/2035		5,103
		CW Capital Cobalt Ltd.
	14,611	5.22%, 08/15/2048		15,834
		DBUBS Mortgage Trust
	26,632	0.87%, 01/01/2021 ■►		1,126
		Fieldstone Mortgage Investment Corp.
	3,953	0.46%, 05/25/2036 Δ		2,167
	3,242	0.53%, 04/25/2047 Δ		1,918
		First Franklin Mortgage Loan Trust
	14,867	0.43%, 04/25/2036 Δ		8,414
		First Horizon Alternative Mortgage Securities
	13,358	2.33%, 04/25/2036 Δ		10,269
	14,540	2.36%, 09/25/2035 Δ		12,060
		Fremont Home Loan Trust
	1,898	0.34%, 10/25/2036 Δ		847

The accompanying notes are an integral part of these financial statements.

6

Shares or Principal Amount			Market Value ╪
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 16.4% - (continued)
Finance and Insurance - 16.2% - (continued)
		Real Estate Credit (Mortgage Banking) - 14.4% - (continued)
		GE Business Loan Trust
$	5,774	1.19%, 05/15/2034 ■Δ	$	4,018
		GMAC Commercial Mortgage Securities, Inc.
	905	5.24%, 11/10/2045 Δ		967
		GMAC Mortgage Corp. Loan Trust
	6,350	3.68%, 09/19/2035 Δ		6,031
	98	3.90%, 04/19/2036 Δ		81
		Goldman Sachs Mortgage Securities Corp.
	805	3.38%, 05/10/2045		793
		Goldman Sachs Mortgage Securities Corp. II
	3,325	2.95%, 11/05/2034 ■		3,093
		Goldman Sachs Mortgage Securities Trust
	3,585	2.77%, 11/10/2045		3,314
	3,305	2.94%, 02/10/2046		3,074
	8,170	3.55%, 04/10/2034 ■		8,044
	3,180	4.86%, 11/10/2045 ■Δ		2,763
		Greenwich Capital Commercial Funding Corp.
	4,425	5.74%, 12/10/2049		4,956
	4,550	5.86%, 07/10/2038 Δ		5,043
		GS Mortgage Securities Trust
	3,760	2.93%, 06/05/2031 ■		3,738
	3,925	3.14%, 06/10/2046		3,690
		GSAA Home Equity Trust
	4,260	0.24%, 03/25/2047 Δ		2,373
	16,484	0.27%, 02/25/2037 Δ		8,137
	3,262	0.28%, 12/25/2036 Δ		1,646
	6,703	0.29%, 03/25/2037 Δ		3,284
	2,618	0.35%, 07/25/2036 Δ		1,243
	1,634	0.42%, 04/25/2047 Δ		932
	4,606	5.98%, 06/25/2036		2,571
		GSAMP Trust
	17,008	0.28%, 01/25/2037 Δ		9,014
	2,518	0.29%, 12/25/2046 Δ		1,275
	1,860	0.39%, 11/25/2036 Δ		998
		GSR Mortgage Loan Trust
	11,471	2.79%, 01/25/2036 Δ		9,102
		Harborview Mortgage Loan Trust
	5,910	0.38%, 01/19/2038 Δ		4,758
	8,711	0.41%, 05/19/2047 Δ		4,178
	4,710	0.52%, 09/19/2035 Δ		3,467
		Impac Secured Assets Trust
	2,574	0.39%, 11/25/2036 Δ		1,447
		IndyMac Index Mortgage Loan Trust
	763	0.48%, 01/25/2036 Δ		463
	9,894	0.59%, 07/25/2046 Δ		4,038
	3,090	2.47%, 01/25/2036 Δ		2,773
	1,883	2.52%, 08/25/2035 Δ		1,395
	11,923	2.66%, 03/25/2036 Δ		8,151
	76	2.89%, 12/25/2036 Δ		62
		JP Morgan Chase Commercial Mortgage Securities Corp.
	2,070	2.75%, 10/15/2045 ■		1,313
	575	2.83%, 10/15/2045		537
	3,090	2.84%, 12/15/2047		2,865
	2,675	3.91%, 05/05/2030 ■Δ		2,674
	700	4.67%, 10/15/2045 ■Δ		603
	80	4.92%, 10/15/2042		85
	9,995	5.20%, 12/15/2044 Δ		10,786
	6,876	5.29%, 01/12/2043 Δ		7,429
	1,890	5.31%, 08/15/2046 ■Δ		1,737
	4,594	5.34%, 08/12/2037		4,855
	3,782	5.71%, 02/12/2049 Δ		4,241
		JP Morgan Mortgage Trust
	5,349	2.80%, 05/25/2036 Δ		4,676
	838	2.87%, 04/25/2037 Δ		683
	3,975	3.08%, 09/25/2035 Δ		3,706
		LB-UBS Commercial Mortgage Trust
	8,695	4.95%, 09/15/2030		9,245
	6,275	5.20%, 11/15/2030 Δ		6,728
	5,953	5.43%, 02/15/2040		6,530
	800	5.87%, 06/15/2038 Δ		888
	4,200	6.15%, 04/15/2041 Δ		4,888
		Lehman Brothers Small Balance Commercial
	1,399	5.52%, 09/25/2030 ■Δ		1,359
		Lehman XS Trust
	3,212	0.40%, 07/25/2046 Δ		2,371
		Luminent Mortgage Trust
	2,957	0.45%, 11/25/2035 Δ		2,485
		Merrill Lynch Mortgage Investors Trust
	185	2.63%, 12/25/2035 Δ		167
	1,782	2.82%, 07/25/2035 Δ		1,469
	2,259	3.00%, 03/25/2036 Δ		1,532
		Merrill Lynch Mortgage Trust
	1,255	4.75%, 06/12/2043		1,321
	220	5.05%, 07/12/2038		236
	5,135	5.20%, 09/12/2042		5,418
		Morgan Stanley Capital I
	101,118	1.99%, 09/15/2047 ■►		2,889
	625	3.24%, 03/15/2045		607
	814	5.68%, 10/15/2042 Δ		887
	11,950	5.69%, 04/15/2049 ‡Δ		13,307
		Morgan Stanley Mortgage Loan Trust
	6,193	0.36%, 05/25/2036 - 11/25/2036 Δ		2,923
		National Credit Union Administration
	3,082	1.84%, 10/07/2020 Δ		3,089
		Residential Accredit Loans, Inc.
	7,530	3.02%, 11/25/2037 Δ		3,739
		Residential Asset Securitization Trust
	3,951	0.64%, 03/25/2035 Δ		3,017
		RFMSI Trust
	687	3.21%, 04/25/2037 Δ		573
		Securitized Asset Backed Receivables LLC
	2,430	0.28%, 07/25/2036 Δ		1,104
		Sequoia Mortgage Trust
	1,075	2.54%, 07/20/2037 Δ		856
		Soundview Home Equity Loan Trust, Inc.
	3,900	0.37%, 07/25/2037 Δ		1,985
	7,820	0.44%, 06/25/2036 Δ		5,002

The accompanying notes are an integral part of these financial statements.

7

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 16.4% - (continued)
Finance and Insurance - 16.2% - (continued)
		Real Estate Credit (Mortgage Banking) - 14.4% - (continued)
		Structured Adjustable Rate Mortgage Loan Trust
$	1,781	0.49%, 09/25/2034 Δ	$	1,490
		Structured Asset Mortgage Investments Trust
	3,519	0.41%, 05/25/2046 Δ		1,866
		UBS-Barclays Commercial Mortgage Trust
	5,400	3.18%, 03/10/2046 Δ		5,189
		Wachovia Bank Commercial Mortgage Trust
	465	5.24%, 10/15/2044 Δ		500
	1,351	5.42%, 01/15/2045 Δ		1,453
		Wells Fargo Alternative Loan Trust
	7,275	6.25%, 11/25/2037		6,770
		Wells Fargo Commercial Mortgage Trust
	6,965	2.92%, 10/15/2045		6,524
	1,660	4.78%, 10/15/2045 ■Δ		1,420
		Wells Fargo Mortgage Backed Securities Trust
	2,476	5.15%, 10/25/2035 Δ		2,410
		WF-RBS Commercial Mortgage Trust
	875	2.87%, 11/15/2045		811
	3,888	2.88%, 12/15/2045		3,595
	2,822	3.07%, 03/15/2045		2,649
	3,470	3.20%, 03/15/2048		3,293
	8,875	3.34%, 06/15/2046		8,461
	175	3.44%, 04/15/2045		173
	2,330	4.19%, 03/15/2045 ■Δ		1,696
	3,135	4.46%, 12/15/2045 ■Δ		2,364
	4,840	4.87%, 02/15/2044 ■		5,271
	550	4.90%, 06/15/2044 ■		597
	2,780	5.00%, 06/15/2044 ■		2,247
	1,045	5.56%, 04/15/2045 ■Δ		965
				529,233
				597,174
Information - 0.2%
		Telecommunications - Other - 0.2%
		SBA Tower Trust
	5,620	2.93%, 12/15/2017 ■		5,672
		Total asset & commercial mortgage backed securities
		(cost $598,428)	$	602,846
CORPORATE BONDS - 32.0%
Accommodation and Food Services - 0.2%
		Traveler Accommodation - 0.2%
		Choice Hotels International, Inc.
$	151	5.70%, 08/28/2020	$	160
	2,300	5.75%, 07/01/2022		2,438
		Wynn Las Vegas LLC
	5,415	7.75%, 08/15/2020		6,013
				8,611
Administrative Waste Management and Remediation - 0.1%
		Waste Treatment and Disposal - 0.1%
		Clean Harbors, Inc.
	345	5.13%, 06/01/2021		347
	1,385	5.25%, 08/01/2020		1,406
				1,753
Air Transportation - 0.2%
		Scheduled Air Transportation - 0.2%
		Continental Airlines, Inc.
	5,825	4.00%, 10/29/2024		5,811
		US Airways Group, Inc.
	910	6.25%, 04/22/2023		962
				6,773
Apparel Manufacturing - 0.1%
		Accessories and Other Apparel Manufacturing - 0.0%
		PVH Corp.
	470	4.50%, 12/15/2022		451
		Cut and Sew Apparel Manufacturing - 0.1%
		Hanesbrands, Inc.
	1,530	6.38%, 12/15/2020		1,631
		Phillips Van-Heusen Corp.
	1,950	7.38%, 05/15/2020		2,116
				3,747
				4,198
Arts, Entertainment and Recreation - 2.4%
		Cable and Other Subscription Programming - 1.4%
		CCO Holdings LLC
	840	5.25%, 09/30/2022		798
	7,635	6.63%, 01/31/2022		7,960
	1,900	7.38%, 06/01/2020		2,066
		DirecTV Holdings LLC
	4,880	3.80%, 03/15/2022		4,688
	4,200	5.00%, 03/01/2021		4,424
		Time Warner Cable, Inc.
	2,405	4.50%, 09/15/2042		1,865
	3,500	5.88%, 11/15/2040		3,206
		Time Warner Entertainment Co., L.P.
	8,175	8.38%, 07/15/2033		9,635
		Time Warner, Inc.
	2,540	3.40%, 06/15/2022		2,462
	3,800	6.10%, 07/15/2040		4,149
	2,700	6.50%, 11/15/2036		3,054
		Viacom, Inc.
	7,000	5.63%, 09/15/2019		8,035
				52,342
		Motion Picture and Video Industries - 0.1%
		NAI Entertainment Holdings LLC
	732	8.25%, 12/15/2017 ■		783
		National CineMedia LLC
	160	6.00%, 04/15/2022		164
				947
		Newspaper, Periodical, Book and Database Publisher - 0.2%
		News America, Inc.
	7,200	6.15%, 03/01/2037 - 02/15/2041		7,852

The accompanying notes are an integral part of these financial statements.

8

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 32.0% - (continued)
Arts, Entertainment and Recreation - 2.4% - (continued)
		Radio and Television Broadcasting - 0.7%
		CBS Corp.
$	3,700	3.38%, 03/01/2022	$	3,567
	3,810	4.85%, 07/01/2042		3,522
		Liberty Media Corp.
	4,047	8.25%, 02/01/2030		4,330
		NBC Universal Enterprise
	1,700	1.66%, 04/15/2018 ■		1,655
		NBC Universal Media LLC
	3,465	5.15%, 04/30/2020		3,945
	3,390	5.95%, 04/01/2041		3,871
	3,215	6.40%, 04/30/2040		3,845
		Starz Financial Corp
	665	5.00%, 09/15/2019		660
				25,395
				86,536
Beverage and Tobacco Product Manufacturing - 0.9%
		Beverage Manufacturing - 0.7%
		Anheuser-Busch InBev Worldwide, Inc.
	6,890	7.75%, 01/15/2019 ‡		8,715
		Constellation Brands, Inc.
	1,680	6.00%, 05/01/2022		1,802
	5,535	7.25%, 05/15/2017		6,296
		Molson Coors Brewing Co.
	1,825	3.50%, 05/01/2022		1,791
		Pernod-Ricard S.A.
	8,265	2.95%, 01/15/2017 ■		8,457
				27,061
		Tobacco Manufacturing - 0.2%
		Altria Group, Inc.
	3,740	10.20%, 02/06/2039 ‡		5,629
		Lorillard Tobacco Co.
	1,160	8.13%, 06/23/2019		1,421
				7,050
				34,111
Chemical Manufacturing - 0.3%
		Agricultural Chemical Manufacturing - 0.1%
		CF Industries Holdings, Inc.
	2,950	3.45%, 06/01/2023		2,835
		Basic Chemical Manufacturing - 0.2%
		Ashland, Inc.
	1,050	4.75%, 08/15/2022 ■		1,040
		Dow Chemical Co.
	6,000	8.55%, 05/15/2019		7,655
				8,695
				11,530
Computer and Electronic Product Manufacturing - 0.3%
		Computer and Peripheral Equipment Manufacturing - 0.3%
		Apple, Inc.
	3,605	2.40%, 05/03/2023 ‡		3,344
		Hewlett-Packard Co.
	2,970	2.65%, 06/01/2016		3,027
		Seagate HDD Cayman
	3,435	6.88%, 05/01/2020		3,641
				10,012
		Navigational, Measuring and Control Instruments - 0.0%
		Esterline Technologies Corp.
	1,890	7.00%, 08/01/2020		2,027
				12,039
Construction - 0.1%
		Residential Building Construction - 0.1%
		D.R. Horton, Inc.
	1,245	6.50%, 04/15/2016		1,345
		Pulte Homes, Inc.
	800	7.88%, 06/15/2032		880
		Ryland Group, Inc.
	785	5.38%, 10/01/2022		757
				2,982
Fabricated Metal Product Manufacturing - 0.2%
		Boiler, Tank and Shipping Container Manufacturing - 0.1%
		Ball Corp.
	3,015	4.00%, 11/15/2023		2,789
	1,330	5.00%, 03/15/2022 ‡		1,323
				4,112
		Other Fabricated Metal Product Manufacturing - 0.1%
		Crown Americas, Inc.
	1,005	4.50%, 01/15/2023 ■		947
	2,400	6.25%, 02/01/2021		2,544
		Masco Corp.
	575	5.95%, 03/15/2022		604
				4,095
		Spring and Wire Product Manufacturing - 0.0%
		Anixter International, Inc.
	805	5.63%, 05/01/2019 ‡		833
				9,040
Finance and Insurance - 13.7%
		Captive Auto Finance - 0.3%
		Credit Acceptance Corp.
	1,611	9.13%, 02/01/2017		1,704
		Ford Motor Credit Co. LLC
	4,000	1.70%, 05/09/2016		3,935
	2,245	3.00%, 06/12/2017		2,250
	3,600	5.88%, 08/02/2021		3,925
	475	6.63%, 08/15/2017		537
				12,351
		Commercial Banking - 0.9%
		Barclays Bank plc
	11,775	6.05%, 12/04/2017 ■‡		12,737
		BNP Paribas
	11,625	2.38%, 09/14/2017		11,509
	3,800	3.25%, 03/11/2015		3,923
		Lloyds Banking Group plc
	3,090	6.50%, 09/14/2020 ■		3,294
				31,463
		Consumer Lending - 0.0%
		Minerva Luxembourg S.A.
	1,645	7.75%, 01/31/2023 ■		1,637

The accompanying notes are an integral part of these financial statements.

9

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 32.0% - (continued)
Finance and Insurance - 13.7% - (continued)
		Depository Credit Banking - 2.8%
		Bank of America Corp.
$	5,965	2.00%, 01/11/2018	$	5,778
	6,500	5.63%, 07/01/2020 ‡		7,156
	6,365	5.75%, 12/01/2017 ‡		7,074
	3,330	5.88%, 01/05/2021		3,748
	3,700	7.63%, 06/01/2019 ‡		4,446
		Citigroup, Inc.
	4,075	1.30%, 04/01/2016		4,027
	6,490	4.05%, 07/30/2022		6,238
	7,800	4.59%, 12/15/2015		8,330
	1,427	4.88%, 05/07/2015		1,505
	4,102	6.13%, 08/25/2036		4,016
	8,900	6.63%, 06/15/2032		9,200
	4,839	8.50%, 05/22/2019		6,097
		HSBC Holdings plc
	4,500	6.80%, 06/01/2038		5,176
		HSBC USA, Inc.
	3,950	1.63%, 01/16/2018		3,854
		PNC Bank NA
	2,235	6.00%, 12/07/2017		2,584
	2,924	6.88%, 04/01/2018		3,507
		PNC Funding Corp.
	9,000	5.25%, 11/15/2015		9,794
		Wells Fargo & Co.
	3,000	1.50%, 07/01/2015		3,034
	4,165	3.45%, 02/13/2023		3,978
	4,000	4.60%, 04/01/2021		4,359
				103,901
		Insurance Carriers - 1.1%
		American International Group, Inc.
	4,595	2.38%, 08/24/2015 ‡		4,668
	2,865	3.80%, 03/22/2017 ‡		3,003
	2,100	8.25%, 08/15/2018		2,604
		ING US, Inc.
	1,995	5.50%, 07/15/2022 ■		2,122
		Massachusetts Mutual Life Insurance Co.
	2,493	8.88%, 06/01/2039 ■		3,654
		Nationwide Financial Services, Inc.
	4,280	5.38%, 03/25/2021 ■		4,659
		Nationwide Mutual Insurance Co.
	5,925	9.38%, 08/15/2039 ■		8,017
		Teachers Insurance & Annuity Association of America
	5,748	6.85%, 12/16/2039 ■		7,020
		Wellpoint, Inc.
	2,920	1.88%, 01/15/2018		2,859
				38,606
		International Trade Financing (Foreign Banks) - 0.9%
		Deutsche Bank AG
	2,705	4.30%, 05/24/2028		2,498
		Royal Bank of Scotland plc
	7,875	2.55%, 09/18/2015		8,007
	5,000	3.95%, 09/21/2015		5,222
	4,995	6.13%, 12/15/2022		4,753
		Santander U.S. Debt S.A.
	8,000	3.72%, 01/20/2015 ■		8,075
		TSMC Global LTD
	4,920	0.95%, 04/03/2016 ■		4,845
				33,400
		Nondepository Credit Banking - 1.9%
		Capital One Financial Corp.
	8,063	2.15%, 03/23/2015		8,190
	4,000	6.15%, 09/01/2016		4,464
		CIT Group, Inc.
	45	5.00%, 05/15/2017		46
	75	5.38%, 05/15/2020		77
	6,443	5.50%, 02/15/2019 ■		6,652
	1,175	6.63%, 04/01/2018 ■		1,269
		Discover Financial Services, Inc.
	5,970	5.20%, 04/27/2022		6,162
		General Electric Capital Corp.
	10,029	4.38%, 09/16/2020		10,617
	11,900	5.30%, 02/11/2021		13,054
	8,490	5.63%, 05/01/2018		9,738
	725	5.88%, 01/14/2038		798
	3,900	6.25%, 12/15/2022 ♠		4,144
		General Motors Financial Co., Inc.
	495	2.75%, 05/15/2016 ■		487
	255	3.25%, 05/15/2018 ■		248
	165	4.25%, 05/15/2023 ■		154
		Provident Funding Associates L.P.
	315	6.75%, 06/15/2021 ■		314
		SLM Corp.
	2,020	7.25%, 01/25/2022		2,121
	2,830	8.45%, 06/15/2018		3,141
				71,676
		Other Financial Investment Activities - 0.3%
		Ladder Capital Finance Holdings LLC
	971	7.38%, 10/01/2017 ■		991
		State Street Corp.
	7,610	4.96%, 03/15/2018		8,384
				9,375
		Other Investment Pools and Funds - 0.1%
		Fibria Overseas Finance Ltd.
	1,730	7.50%, 05/04/2020 ■		1,868
		Real Estate Investment Trust (REIT) - 1.2%
		Brandywine Operating Partnership L.P.
	6,200	3.95%, 02/15/2023		5,830
		DuPont Fabros Technology L.P.
	1,900	8.50%, 12/15/2017		2,005
		HCP, Inc.
	4,000	2.63%, 02/01/2020		3,747
		Health Care, Inc.
	2,305	2.25%, 03/15/2018		2,263
	2,260	4.13%, 04/01/2019		2,364
		Kimco Realty Corp.
	8,525	3.13%, 06/01/2023		7,887
	1,390	4.30%, 02/01/2018		1,494
		Liberty Property L.P.
	2,165	3.38%, 06/15/2023		2,008
	1,930	4.13%, 06/15/2022		1,909

The accompanying notes are an integral part of these financial statements.

10

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 32.0% - (continued)
Finance and Insurance - 13.7% - (continued)
		Real Estate Investment Trust (REIT) - 1.2% - (continued)
		Realty Income Corp.
$	3,966	3.25%, 10/15/2022	$	3,627
		Ventas Realty L.P.
	2,895	2.00%, 02/15/2018		2,802
	3,425	2.70%, 04/01/2020		3,239
	6,400	3.25%, 08/15/2022		5,941
				45,116
		Sales Financing - 0.1%
		Imerial Tobacco Finance plc
	5,400	3.50%, 02/11/2023 ■		5,077
		Securities and Commodity Contracts and Brokerage - 4.1%
		Bear Stearns & Co., Inc.
	292	5.55%, 01/22/2017		320
	365	7.25%, 02/01/2018		434
		Goldman Sachs Group, Inc.
	9,205	5.75%, 01/24/2022		10,153
	6,637	6.00%, 06/15/2020		7,458
	4,400	6.45%, 05/01/2036		4,427
	11,720	6.75%, 10/01/2037		12,006
		JP Morgan Chase & Co.
	12,170	3.15%, 07/05/2016		12,640
	3,820	3.38%, 05/01/2023		3,557
	11,645	4.35%, 08/15/2021		12,131
	800	4.50%, 01/24/2022		837
	6,375	6.00%, 01/15/2018		7,275
		Merrill Lynch & Co., Inc.
	3,006	5.70%, 05/02/2017		3,237
	24,775	6.05%, 05/16/2016 ‡		26,827
	5,580	7.75%, 05/14/2038		6,383
		Morgan Stanley
	2,545	1.75%, 02/25/2016		2,521
	5,920	4.88%, 11/01/2022		5,848
	3,690	5.63%, 09/23/2019		3,966
	2,750	5.75%, 01/25/2021		2,985
	17,500	6.25%, 08/28/2017 ‡		19,514
	4,050	6.38%, 07/24/2042		4,519
	865	7.30%, 05/13/2019		1,005
		UBS AG Stamford CT
	1,600	7.63%, 08/17/2022		1,756
				149,799
				504,269
Health Care and Social Assistance - 1.7%
		General Medical and Surgical Hospitals - 0.5%
		Community Health Systems, Inc.
	4,445	5.13%, 08/15/2018		4,512
		HCA, Inc.
	4,160	6.50%, 02/15/2020		4,501
	2,135	7.25%, 09/15/2020		2,292
	3,177	7.50%, 11/15/2095		2,955
	1,140	8.50%, 04/15/2019		1,223
		Memorial Sloan-Kettering Cancer Center
	4,710	5.00%, 07/01/2042		4,989
				20,472
		Health and Personal Care Stores - 0.3%
		CVS Caremark Corp.
	7,998	8.35%, 07/10/2031 ■		10,253
		Offices and Physicians - 0.1%
		Partners Healthcare System, Inc.
	2,815	3.44%, 07/01/2021		2,818
		Pharmaceutical and Medicine Manufacturing - 0.7%
		AbbVie, Inc.
	4,145	1.75%, 11/06/2017 ■		4,061
	8,831	2.00%, 11/06/2018 ■		8,563
		Express Scripts Holding Co.
	2,910	2.10%, 02/12/2015		2,959
		Gilead Sciences, Inc.
	3,564	4.40%, 12/01/2021		3,827
		Mylan, Inc.
	2,095	1.80%, 06/24/2016 ■		2,089
	2,250	6.00%, 11/15/2018 ■		2,466
		Zoetis, Inc.
	1,830	3.25%, 02/01/2023 ■		1,739
				25,704
		Specialty Hospital-Except Psychiatric & Drug Abuse - 0.1%
		Fresenius Medical Care US Finance II, Inc.
	3,185	5.63%, 07/31/2019 ■		3,312
	596	9.00%, 07/15/2015 ■		659
				3,971
				63,218
Information - 2.6%
		Cable and Other Program Distribution - 0.9%
		Cox Communications, Inc.
	16,445	2.95%, 06/30/2023 ■		14,959
		CSC Holdings, Inc.
	725	7.63%, 07/15/2018		817
		DISH DBS Corp.
	4,955	5.88%, 07/15/2022		5,029
	7,530	7.88%, 09/01/2019		8,434
		Rogers Communications, Inc.
	1,745	8.75%, 05/01/2032		2,388
		TCI Communications, Inc.
	2,025	8.75%, 08/01/2015		2,342
				33,969
		Data Processing Services - 0.1%
		Audatex North America, Inc.
	2,001	6.75%, 06/15/2018		2,101
		Internet Publishing and Broadcasting - 0.0%
		Netflix, Inc.
	1,535	5.38%, 02/01/2021 ■		1,527
		Other Information Services - 0.0%
		InterActiveCorp
	505	4.75%, 12/15/2022 ■		477
		Satellite Telecommunications - 0.1%
		Hughes Satelite Systems Corp.
	2,050	6.50%, 06/15/2019		2,173

The accompanying notes are an integral part of these financial statements.

11

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 32.0% - (continued)
Information - 2.6% - (continued)
		Software Publishers - 0.1%
		Brocade Communications Systems, Inc.
$	2,536	4.63%, 01/15/2023 ■	$	2,384
		Telecommunications - Other - 0.7%
		SBA Tower Trust
	7,645	3.60%, 04/16/2043 ■		7,565
		Sprint Nextel Corp.
	2,995	7.00%, 03/01/2020 ■		3,235
	1,306	9.00%, 11/15/2018 ■		1,528
		Telefonica Emisiones SAU
	3,520	3.99%, 02/16/2016		3,630
		UPCB Finance III Ltd.
	1,084	6.63%, 07/01/2020 ■		1,122
		UPCB Finance VI Ltd.
	3,070	6.88%, 01/15/2022 ■		3,177
		Vivendi S.A.
	1,800	2.40%, 04/10/2015 ■		1,832
		Wind Acquisition Finance S.A.
	3,470	7.25%, 02/15/2018 ■		3,476
				25,565
		Telecommunications - Wired Carriers - 0.4%
		Deutsche Telekom International Finance B.V.
	7,065	3.13%, 04/11/2016 ■		7,371
		Paetec Holding Corp.
	698	9.88%, 12/01/2018		771
		Unitymedia Hessen GmbH & Co.
	1,650	5.50%, 01/15/2023 ■		1,559
	1,814	7.50%, 03/15/2019 ■		1,909
		Videotron Ltee
	915	9.13%, 04/15/2018		960
		Windstream Corp.
	2,216	7.88%, 11/01/2017		2,432
				15,002
		Telecommunications - Wireless Carriers - 0.1%
		Qwest Corp.
	1,906	7.25%, 10/15/2035		1,916
		Vimpelcom Holdings
	3,915	5.95%, 02/13/2023 ■		3,660
				5,576
		Wireless Communications Services - 0.2%
		Altice Financing S.A.
	1,745	7.88%, 12/15/2019 ■		1,824
		Verizon Communications, Inc.
	5,020	6.40%, 02/15/2038		5,845
				7,669
				96,443
Machinery Manufacturing - 0.2%
		Agriculture, Construction, Mining and Machinery - 0.2%
		Case New Holland, Inc.
	7,851	7.88%, 12/01/2017		8,891
Mining - 0.8%
		Coal Mining - 0.3%
		Consol Energy, Inc.
	925	8.00%, 04/01/2017		974
		Peabody Energy Corp.
	1,370	6.00%, 11/15/2018		1,373
	3,550	6.50%, 09/15/2020		3,559
	3,675	7.38%, 11/01/2016		4,079
				9,985
		Metal Ore Mining - 0.4%
		Freeport-McMoRan Copper & Gold, Inc.
	7,455	3.88%, 03/15/2023 ■		6,747
		Glencore Funding LLC
	9,720	1.70%, 05/27/2016 ■		9,426
				16,173
		Nonmetallic Mineral Mining and Quarrying - 0.1%
		FMG Resources Pty Ltd.
	815	6.00%, 04/01/2017 ■		793
	1,299	7.00%, 11/01/2015 ■		1,312
		Vulcan Materials Co.
	240	7.15%, 11/30/2037		240
	440	7.50%, 06/15/2021		493
				2,838
				28,996
Miscellaneous Manufacturing - 0.4%
		Aerospace Product and Parts Manufacturing - 0.3%
		BE Aerospace, Inc.
	4,056	5.25%, 04/01/2022 ‡		4,035
	3,059	6.88%, 10/01/2020 ‡		3,304
		Bombardier, Inc.
	3,280	7.75%, 03/15/2020 ■		3,641
				10,980
		Other Miscellaneous Manufacturing - 0.1%
		Owens-Brockway Glass Container, Inc.
	2,690	7.38%, 05/15/2016		3,000
				13,980
Motor Vehicle and Parts Manufacturing - 0.1%
		Motor Vehicle Parts Manufacturing - 0.1%
		Tenneco, Inc.
	2,110	6.88%, 12/15/2020		2,258
Nonmetallic Mineral Product Manufacturing - 0.2%
		Glass and Glass Product Manufacturing - 0.2%
		Ardagh Packaging Finance plc
	1,985	7.38%, 10/15/2017 ■		2,119
		Silgan Holdings, Inc.
	5,315	5.00%, 04/01/2020		5,262
				7,381
Other Services - 0.0%
		Death Care Services - 0.0%
		Service Corp. International
	1,045	5.38%, 01/15/2022 ■☼		1,042
Paper Manufacturing - 0.1%
		Converted Paper Product Manufacturing - 0.0%
		Clearwater Paper Corp.
	385	4.50%, 02/01/2023 ■		366

The accompanying notes are an integral part of these financial statements.

12

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 32.0% - (continued)
Paper Manufacturing - 0.1% - (continued)
		Pulp, Paper and Paperboard Mills - 0.1%
		Rock-Tenn Co.
$	360	3.50%, 03/01/2020	$	352
	2,690	4.00%, 03/01/2023		2,592
				2,944
				3,310
Petroleum and Coal Products Manufacturing - 2.3%
		Natural Gas Distribution - 0.1%
		Ferrellgas Partners L.P.
	2,770	6.50%, 05/01/2021		2,777
		Oil and Gas Extraction - 1.8%
		Anadarko Petroleum Corp.
	3,565	6.38%, 09/15/2017 ‡		4,100
		Chesapeake Energy Corp.
	1,394	2.50%, 05/15/2037 ۞		1,313
		CNPC General Capital
	9,560	1.45%, 04/16/2016 ■		9,445
		Continental Resources, Inc.
	2,775	5.00%, 09/15/2022		2,824
		Denbury Resources, Inc.
	1,290	4.63%, 07/15/2023		1,190
		EDC Finance Ltd.
	3,135	4.88%, 04/17/2020 ■		2,868
		Gazprom Neft OAO via GPN Capital S.A.
	2,786	4.38%, 09/19/2022 ■		2,552
		Harvest Operations Corp.
	1,695	6.88%, 10/01/2017		1,890
		Lukoil International Finance B.V.
	8,525	3.42%, 04/24/2018 ■		8,291
		Nexen, Inc.
	2,735	7.50%, 07/30/2039		3,340
		Pemex Project Funding Master Trust
	6,205	6.63%, 06/15/2035		6,515
		Petrobras Global Finance Co.
	3,810	3.00%, 01/15/2019		3,539
		Petrobras International Finance Co.
	1,900	5.38%, 01/27/2021		1,909
	6,950	5.75%, 01/20/2020		7,231
		Pioneer Natural Resources Co.
	660	6.65%, 03/15/2017		753
	2,090	7.50%, 01/15/2020		2,566
		Range Resources Corp.
	1,950	6.75%, 08/01/2020		2,091
		Seadrill Ltd.
	2,440	5.63%, 09/15/2017 ■		2,403
				64,820
		Petroleum and Coal Products Manufacturing - 0.3%
		Chevron Corp.
	3,160	2.43%, 06/24/2020		3,142
		MEG Energy Corp.
	1,105	6.38%, 01/30/2023 ■		1,072
		Rosneft Oil Co.
	2,245	3.15%, 03/06/2017 ■		2,211
		Valero Energy Corp.
	4,791	9.38%, 03/15/2019		6,282
				12,707
		Support Activities For Mining - 0.1%
		Transocean, Inc.
	1,120	5.05%, 12/15/2016		1,218
	4,075	6.38%, 12/15/2021		4,580
				5,798
				86,102
Pipeline Transportation - 0.5%
		Pipeline Transportation of Natural Gas - 0.5%
		El Paso Corp.
	2,075	7.00%, 06/15/2017		2,256
	1,602	7.80%, 08/01/2031		1,692
		Energy Transfer Equity L.P.
	4,627	7.50%, 10/15/2020		5,055
		Kinder Morgan Energy Partners L.P.
	3,000	6.85%, 02/15/2020		3,572
		Kinder Morgan Finance Co.
	3,980	6.00%, 01/15/2018 ■		4,178
		MarkWest Energy Partners L.P.
	1,299	6.25%, 06/15/2022		1,338
				18,091
Plastics and Rubber Products Manufacturing - 0.1%
		Rubber Product Manufacturing - 0.1%
		Continental Rubber of America Corp.
	2,245	4.50%, 09/15/2019 ■		2,312
Primary Metal Manufacturing - 0.1%
		Iron and Steel Mills and Ferroalloy Manufacturing - 0.1%
		ArcelorMittal
	2,975	9.50%, 02/15/2015 ‡		3,250
Professional, Scientific and Technical Services - 0.1%
		Advertising and Related Services - 0.0%
		Lamar Media Corp.
	955	5.88%, 02/01/2022		981
		Computer Systems Design and Related Services - 0.1%
		Flextronics International Ltd.
	455	4.63%, 02/15/2020 ■		441
	680	5.00%, 02/15/2023 ■		658
		Lender Processing Services, Inc.
	1,320	5.75%, 04/15/2023		1,403
				2,502
				3,483
Real Estate and Rental and Leasing - 0.8%
		Activities Related To Real Estate - 0.1%
		Duke Realty L.P.
	4,000	3.63%, 04/15/2023		3,702
		Automotive Equipment Rental and Leasing - 0.0%
		Ashtead Capital, Inc.
	295	6.50%, 07/15/2022 ■		307
		United Rentals North America, Inc.
	139	5.75%, 07/15/2018		146
				453
		General Rental Centers - 0.2%
		ERAC USA Finance Co.
	4,795	6.38%, 10/15/2017 ■		5,568

The accompanying notes are an integral part of these financial statements.

13

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
CORPORATE BONDS - 32.0% - (continued)
Real Estate and Rental and Leasing - 0.8% - (continued)
		Industrial Machinery and Equipment Rental and Leasing - 0.5%
		Air Lease Corp.
$	2,575	4.50%, 01/15/2016	$	2,588
		International Lease Finance Corp.
	13,570	5.88%, 04/01/2019		13,706
	1,885	6.25%, 05/15/2019		1,937
	1,597	8.88%, 09/01/2017		1,800
				20,031
				29,754
Retail Trade - 1.5%
		Automobile Dealers - 0.1%
		AutoNation, Inc.
	2,685	5.50%, 02/01/2020 ‡		2,792
		Automotive Parts, Accessories and Tire Stores - 0.2%
		AutoZone, Inc.
	9,535	3.70%, 04/15/2022 ‡		9,271
		Building Material and Supplies Dealers - 0.1%
		Building Materials Corp.
	3,474	6.75%, 05/01/2021 ■		3,691
	1,962	7.50%, 03/15/2020 ■		2,100
				5,791
		Clothing Stores - 0.2%
		Ltd. Brands, Inc.
	5,470	5.63%, 02/15/2022		5,552
	370	6.95%, 03/01/2033		368
				5,920
		Direct Selling Establishments - 0.4%
		AmeriGas Partners L.P.
	1,554	6.25%, 08/20/2019 ‡		1,562
		Energy Transfer Partners
	5,965	3.60%, 02/01/2023		5,582
	6,110	6.50%, 02/01/2042		6,516
				13,660
		Electronics and Appliance Stores - 0.1%
		Arcelik AS
	2,810	5.00%, 04/03/2023 ■		2,515
		Other Miscellaneous Store Retailers - 0.4%
		Hutchinson Whampoa International 12 II Ltd.
	10,500	2.00%, 11/08/2017 ■		10,195
		Sally Holdings LLC
	1,515	5.75%, 06/01/2022		1,538
		Sotheby's
	2,390	5.25%, 10/01/2022 ■		2,318
				14,051
				54,000
Transportation Equipment Manufacturing - 0.2%
		Railroad Rolling Stock Manufacturing - 0.1%
		Kansas City Southern de Mexico S.A. de C.V.
	3,110	3.00%, 05/15/2023 ■		2,919
		Ship and Boat Building - 0.1%
		Huntington Ingalls Industries, Inc.
	3,925	6.88%, 03/15/2018		4,195
				7,114
Truck Transportation - 0.3%
		Specialized Freight Trucking - 0.3%
		Penske Truck Leasing Co.
	10,465	2.88%, 07/17/2018 ■		10,569
Utilities - 1.2%
		Electric Generation, Transmission and Distribution - 1.2%
		AES (The) Corp.
	890	9.75%, 04/15/2016 ‡		1,026
		Calpine Corp.
	4,860	7.50%, 02/15/2021 ■		5,188
	621	7.50%, 02/15/2021 §		663
	1,408	7.88%, 01/15/2023 ■		1,514
		Carolina Power & Light Co.
	2,065	4.10%, 05/15/2042		1,889
		CenterPoint Energy, Inc.
	7,475	6.85%, 06/01/2015		8,249
		Dolphin Subsidiary II, Inc.
	6,895	7.25%, 10/15/2021		7,136
		EDP Finance B.V.
	2,520	4.90%, 10/01/2019 ■		2,476
		MidAmerican Energy Holdings Co.
	7,665	8.48%, 09/15/2028		10,256
		Pacific Gas & Electric Co.
	3,708	8.25%, 10/15/2018		4,782
				43,179
Wholesale Trade - 0.3%
		Beer, Wine, Distilled Alcoholic Beverage Wholesalers - 0.3%
		Heineken N.V.
	2,880	1.40%, 10/01/2017 ■		2,798
		SABMiller Holdings, Inc.
	6,840	2.45%, 01/15/2017 ■		6,949
	2,425	3.75%, 01/15/2022 ■		2,468
				12,215
		Total corporate bonds
		(cost $1,163,915)	$	1,177,430
FOREIGN GOVERNMENT OBLIGATIONS - 0.4%
		Brazil - 0.1%
		Brazil (Republic of)
$	2,375	5.88%, 01/15/2019	$	2,705
		Mexico - 0.2%
		United Mexican States
	7,260	4.75%, 03/08/2044		6,461
		Russia - 0.1%
		Russian Federation
	4,400	3.25%, 04/04/2017 ■		4,526
		Total foreign government obligations
		(cost $14,360)	$	13,692

The accompanying notes are an integral part of these financial statements.

14

Shares or Principal Amount			Market Value ╪
MUNICIPAL BONDS - 1.1%
		General Obligations - 0.5%
		California State GO
$	3,180	7.50%, 04/01/2034	$	4,122
		California State GO, Taxable
	10,720	7.55%, 04/01/2039 ╦Θ Ø		14,355
				18,477
		Higher Education (Univ., Dorms, etc.) - 0.1%
		Curators University, System Facs Rev Build America Bonds
	2,020	5.79%, 11/01/2041		2,297
		Tax Allocation - 0.0%
		Industry, CA, Urban Development Agency
	275	6.10%, 05/01/2024		257
		Utilities - Electric - 0.3%
		Municipal Elec Auth Georgia
	10,065	6.64%, 04/01/2057		10,859
		Utilities - Water and Sewer - 0.2%
		San Franciso City & County, CA, Public Utilities
	7,820	6.00%, 11/01/2040		8,867
		Total municipal bonds
		(cost $38,503)	$	40,757
SENIOR FLOATING RATE INTERESTS♦ - 4.6%
Administrative Waste Management and Remediation - 0.1%
		Business Support Services - 0.1%
		Audio Visual Services Group, Inc.
$	1,164	6.75%, 11/09/2018	$	1,170
		ISS A/S
	705	3.75%, 03/24/2018		703
				1,873
		Facilities Support Services - 0.0%
		Affinia Group, Inc.
	685	4.75%, 04/25/2020		683
				2,556
Air Transportation - 0.1%
		Scheduled Air Transportation - 0.1%
		Delta Air Lines, Inc.
	968	4.00%, 10/18/2018		966
		United Airlines, Inc.
	1,460	4.00%, 04/01/2019		1,456
				2,422
Apparel Manufacturing - 0.0%
		Apparel Knitting Mills - 0.0%
		PVH Corp.
	743	3.25%, 02/13/2020		741
Arts, Entertainment and Recreation - 0.4%
		Cable and Other Subscription Programming - 0.1%
		Cequel Communications LLC
	504	3.50%, 02/14/2019		499
		CSC Holdings, Inc.
	985	2.70%, 04/17/2020		973
		Kabel Deutschland Holding AG
	695	3.25%, 02/01/2019		692
				2,164
		Gambling Industries - 0.2%
		Caesars Entertainment Operating Co., Inc.
	2,599	4.44%, 01/28/2018		2,227
	2,648	5.44%, 01/28/2018		2,336
		MGM Resorts International
	1,378	3.50%, 12/20/2019		1,368
		Rock Ohio Caesars LLC
	450	5.00%, 03/28/2019		449
		The Seminole Tribe of Florida, Inc.
	1,500	3.03%, 04/29/2020		1,494
				7,874
		Newspaper, Periodical, Book and Database Publisher - 0.1%
		Tribune Co.
	3,279	4.00%, 12/31/2019		3,258
		Radio and Television Broadcasting - 0.0%
		Sinclair Television Group, Inc.
	653	3.00%, 04/09/2020		651
		Spectator Sports - 0.0%
		Penn National Gaming, Inc.
	394	3.75%, 07/16/2018		395
				14,342
Beverage and Tobacco Product Manufacturing - 0.1%
		Beverage Manufacturing - 0.1%
		Constellation Brands, Inc.
	2,400	2.75%, 05/01/2020		2,391
Chemical Manufacturing - 0.2%
		Basic Chemical Manufacturing - 0.2%
		Huntsman International LLC, Extended Term Loan B
	800	2.73%, 04/19/2017		798
		Pinnacle Operating Corp.
	2,608	3.25%, 04/29/2020		2,589
	893	4.75%, 11/15/2018		890
		PQ Corp.
	1,343	4.50%, 08/07/2017		1,343
				5,620
		Other Chemical and Preparations Manufacturing - 0.0%
		Cytec Industries, Inc.
	249	10/04/2019 ◊		248
		DuPont Performance Coatings, Inc.
	294	4.75%, 02/01/2020		294
		Monarch, Inc.
	481	10/04/2019 ◊		478
		Utex Industries, Inc.
	245	4.75%, 04/10/2020		243
				1,263

The accompanying notes are an integral part of these financial statements.

15

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
SENIOR FLOATING RATE INTERESTS♦ - 4.6% - (continued)
Chemical Manufacturing - 0.2% - (continued)
		Paint, Coating and Adhesive Manufacturing - 0.0%
		Tronox Pigments Holland
$	1,115	4.50%, 03/19/2020	$	1,118
				8,001
Computer and Electronic Product Manufacturing - 0.1%
		Computer and Peripheral - 0.1%
		CDW LLC
	2,883	3.50%, 04/29/2020		2,842
		Semiconductor, Electronic Components - 0.0%
		NXP Semiconductors N.V.
	1,577	4.75%, 01/10/2020		1,596
				4,438
Construction - 0.0%
		Construction - Other Specialty Trade Contractors - 0.0%
		Brand Energy & Infrastructure Services, Inc.
	656	6.25%, 10/23/2018		660
		Other Heavy Construction - 0.0%
		Aluma Systems, Inc.
	158	6.25%, 10/23/2018		158
				818
Educational Services - 0.0%
		Educational Support Services - 0.0%
		Bright Horizons Family Solutions, Inc.
	323	4.00%, 01/30/2020		324
Finance and Insurance - 0.6%
		Activities Related To Credit Banking - 0.1%
		Evertec LLC
	5,125	3.50%, 04/17/2020		5,097
		Agencies, Brokerages and Other Insurance - 0.1%
		Cooper Gay Swett & Crawford Ltd.
	815	5.00%, 04/16/2020		811
		USI Insurance Services LLC
	898	5.25%, 12/27/2019		899
				1,710
		Captive Auto Finance - 0.2%
		Chrysler Group LLC
	4,331	4.25%, 05/24/2017		4,346
		Macquarie Aircraft Leasing Finance S.A., Second Lien Term Loan
	1,696	4.19%, 11/29/2013		1,654
				6,000
		Insurance Carriers - 0.0%
		Asurion LLC
	1,101	4.50%, 05/24/2019		1,090
		Other Financial Investment Activities - 0.2%
		Nuveen Investments, Inc.
	4,600	4.20%, 05/13/2017		4,558
		Ocwen Financial Corp.
	420	5.00%, 02/15/2018		422
		Walter Investment Management
	2,013	5.75%, 11/28/2017		2,014
				6,994
				20,891
Food Manufacturing - 0.2%
		Fruit and Vegetable Preserving and Specialty Foods - 0.0%
		Dole Food Co., Inc.
	2,623	3.75%, 04/01/2020		2,608
		Other Food Manufacturing - 0.2%
		H. J. Heinz Co.
	5,110	3.50%, 03/27/2020		5,104
		Hostess Brands, Inc.
	365	6.75%, 04/09/2020		371
		U.S. Foodservice, Inc.
	1,153	4.50%, 05/31/2021		1,139
				6,614
				9,222
Food Services - 0.1%
		Full-Service Restaurants - 0.1%
		OSI Restaurant Partners, Inc.
	3,887	3.50%, 10/28/2019		3,871
Furniture and Related Product Manufacturing - 0.0%
		Household, Institution Furniture, Kitchen Cabinet - 0.0%
		Tempur-Pedic International, Inc.
	1,018	3.50%, 12/31/2019		1,008
		Other Furniture Related Product Manufacturing - 0.0%
		Wilsonart International Holding LLC
	856	4.00%, 10/31/2019		848
				1,856
Health Care and Social Assistance - 0.1%
		General Medical and Surgical Hospitals - 0.1%
		HCA, Inc.
	2,185	2.95%, 05/01/2018		2,173
	1,275	3.03%, 03/31/2017		1,268
				3,441
		Scientific Research and Development Services - 0.0%
		IMS Health, Inc.
	652	3.75%, 09/01/2017		652
				4,093
Information - 0.9%
		Cable and Other Program Distribution - 0.3%
		Charter Communications Operating LLC
	3,075	03/31/2020 ◊☼		3,034
	1,105	3.00%, 12/31/2020		1,094
		UPC Financing Partnership
	1,165	3.25%, 06/30/2021		1,158
	760	4.00%, 01/31/2021		759
		Virgin Media Finance plc
	4,400	3.50%, 02/15/2020 ☼		4,348
				10,393
		Data Processing Services - 0.2%
		Emdeon, Inc.
	1,440	3.75%, 11/02/2018		1,430

The accompanying notes are an integral part of these financial statements. 

16

Shares or Principal Amount			Market Value ╪
SENIOR FLOATING RATE INTERESTS♦ - 4.6% - (continued)
Information - 0.9% - (continued)
		Data Processing Services - 0.2% - (continued)
		First Data Corp.
$	1,820	4.19%, 03/24/2017 - 09/24/2018	$	1,774
		First Data Corp., Extended 1st Lien Term Loan
	5,740	4.19%, 03/23/2018		5,589
				8,793
		Software Publishers - 0.2%
		Epicor Software Corp.
	441	4.50%, 05/16/2018		441
		Infor (US), Inc.
	1,896	5.25%, 04/05/2018		1,898
		Kronos, Inc.
	2,129	4.50%, 10/30/2019		2,132
	410	9.75%, 04/30/2020		420
		Web.com Group, Inc.
	1,588	4.50%, 10/27/2017		1,597
				6,488
		Telecommunications - Other - 0.1%
		Nine Entertainment Group Ltd.
	1,245	3.50%, 02/05/2020		1,237
		Sorenson Communications, Inc.
	1,766	9.50%, 10/31/2014		1,760
				2,997
		Telecommunications - Wireless Carriers - 0.0%
		Alcatel-Lucent
	493	7.25%, 01/30/2019		496
		Light Tower Fiber LLC
	540	4.50%, 04/13/2020		536
		Syniverse Holdings, Inc.
	1,040	4.00%, 04/23/2019		1,035
				2,067
		Wireless Communications Services - 0.1%
		Leap Wireless International, Inc.
	2,750	4.75%, 03/08/2020		2,724
		Windstream Corp.
	478	3.50%, 01/23/2020		477
				3,201
				33,939
Mining - 0.2%
		Metal Ore Mining - 0.1%
		Fortescue Metals Group Ltd.
	2,630	5.25%, 10/18/2017		2,612
		Mining and Quarrying Nonmetallic Mineral - 0.1%
		Arch Coal, Inc.
	3,211	5.75%, 05/16/2018		3,194
				5,806
Miscellaneous Manufacturing - 0.2%
		Aerospace Product and Parts Manufacturing - 0.1%
		DigitalGlobe, Inc.
	808	3.75%, 01/31/2020		805
		Doncasters plc
	2,785	5.50%, 04/09/2020		2,778
		Hamilton Sundstrand Corp.
	970	4.00%, 12/13/2019		961
		TransDigm Group, Inc.
	218	3.75%, 02/28/2020		215
				4,759
		Miscellaneous Manufacturing - 0.1%
		Reynolds Group Holdings, Inc.
	1,737	4.75%, 09/28/2018		1,740
				6,499
Motor Vehicle and Parts Manufacturing - 0.1%
		Motor Vehicle Parts Manufacturing - 0.1%
		Federal Mogul Corp., Tranche B Term Loan
	1,511	2.95%, 12/29/2014		1,442
		Federal Mogul Corp., Tranche C Term Loan
	771	2.95%, 12/28/2015		736
		Tower International, Inc.
	1,415	5.75%, 04/23/2020		1,426
				3,604
Other Services - 0.0%
		Commercial/Industrial Machine and Equipment - 0.0%
		Apex Tool Group LLC
	225	4.50%, 01/31/2020		225
Petroleum and Coal Products Manufacturing - 0.1%
		Oil and Gas Extraction - 0.1%
		Dynegy Power LLC
	551	4.00%, 04/23/2020		546
		Ruby Western Pipeline Holdings LLC
	1,400	3.50%, 03/27/2020		1,393
				1,939
Pipeline Transportation - 0.1%
		Pipeline Transportation of Crude Oil - 0.0%
		Philadelphia Energy Solutions LLC
	830	6.25%, 04/04/2018		824
		Pipeline Transportation of Natural Gas - 0.1%
		EP Energy LLC
	3,745	4.50%, 04/30/2019		3,743
				4,567
Plastics and Rubber Products Manufacturing - 0.1%
		Plastics Product Manufacturing - 0.1%
		Berry Plastics Group, Inc.
	3,367	3.50%, 02/08/2020		3,326
		Consolidated Container Co.
	1,191	5.00%, 07/03/2019		1,194
				4,520
Primary Metal Manufacturing - 0.1%
		Alumina and Aluminum Production and Processing - 0.1%
		Novelis, Inc.
	5,250	3.75%, 03/10/2017		5,255
Professional, Scientific and Technical Services - 0.1%
		Professional Services - Computer System Design and Related - 0.1%
		MoneyGram International, Inc.
	1,751	4.25%, 03/27/2020		1,752

The accompanying notes are an integral part of these financial statements.

17

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
SENIOR FLOATING RATE INTERESTS♦ - 4.6% - (continued)
	Professional, Scientific and Technical Services - 0.1% - (continued)
		Professional Services - Computer System Design and Related - 0.1% - (continued)
		SunGard Data Systems, Inc.
$	798	4.50%, 01/31/2020	$	799
				2,551
Real Estate and Rental and Leasing - 0.0%
		Automotive Equipment Rental and Leasing - 0.0%
		The Hertz Corp.
	928	3.00%, 03/11/2018		921
Retail Trade - 0.6%
		Automobile Dealers - 0.0%
		TI Automotive Ltd.
	923	5.50%, 03/28/2019		931
		Building Material and Supplies Dealers - 0.0%
		American Builders & Contractors Supply Co.
	940	3.50%, 04/16/2020		932
		Department Stores - 0.1%
		Neiman (The) Marcus Group, Inc.
	2,835	4.00%, 05/16/2018		2,824
		Grocery Stores - 0.0%
		Sprouts Farmers Markets Holdings LLC
	1,080	4.50%, 04/23/2020		1,077
		Other Miscellaneous Store Retailers - 0.1%
		Aramark Corp.
	2,520	3.78%, 07/26/2016		2,518
	645	4.00%, 09/09/2019		643
		Rite Aid Corp.
	708	4.00%, 02/21/2020		705
	250	5.75%, 08/21/2020		253
				4,119
		Specialty Food Stores - 0.2%
		Weight Watchers International, Inc.
	5,965	3.75%, 04/02/2020		5,922
		Sporting Goods, Hobby and Musical Instrument Store - 0.2%
		EB Sports Corp.
	5,188	11.50%, 12/31/2015 Þ		5,136
		Michaels Stores, Inc.
	1,025	3.75%, 01/28/2020		1,021
				6,157
				21,962
Truck Transportation - 0.0%
		Freight Trucking - General - 0.0%
		Nexeo Solutions LLC
	652	5.00%, 09/09/2017		641
Utilities - 0.1%
		Electric Generation, Transmission and Distribution - 0.1%
		Star West Generation LLC
	3,015	4.25%, 03/13/2020		3,019
		Total senior floating rate interests
		(cost $171,848)		171,414
U.S. GOVERNMENT AGENCIES - 57.0%
		FHLMC - 5.3%
$	6,409	0.50%, 01/15/2039 ►	$	781
	33,526	2.08%, 08/25/2018 ►		2,912
	75,379	2.49%, 10/25/2020 ►		1,375
	70,000	3.50%, 07/15/2043 ☼		70,897
	18,017	4.00%, 08/01/2025 - 07/15/2043 ‡☼		19,158
	61,819	5.50%, 10/01/2018 - 06/01/2041 ‡		66,539
	19,774	6.00%, 04/01/2017 - 11/01/2037		21,606
	8,450	6.03%, 05/15/2037 ►		1,444
	999	6.50%, 07/01/2031 - 12/01/2037		1,110
	31,637	6.61%, 01/15/2041 ►		4,815
	5	7.50%, 09/01/2029 - 11/01/2031		6
	15,560	14.18%, 12/15/2036 ►		2,295
				192,938
		FNMA - 29.7%
	7,739	2.14%, 11/01/2022		7,273
	10,846	2.15%, 10/01/2022		10,267
	5,192	2.20%, 12/01/2022		4,897
	3,014	2.28%, 11/01/2022		2,859
	2,554	2.34%, 11/01/2022		2,431
	2,306	2.40%, 10/01/2022		2,208
	2,013	2.42%, 11/01/2022		1,929
	2,066	2.47%, 11/01/2022		1,985
	72,740	2.50%, 07/12/2028 ☼		73,161
	141,920	3.00%, 07/15/2028 - 07/15/2043 ☼		140,518
	486,200	3.50%, 08/15/2025 - 07/15/2043 ☼		494,225
	9,498	3.97%, 06/25/2042 ►		1,677
	125,432	4.00%, 06/01/2025 - 07/15/2043 ☼		130,942
	62,901	4.50%, 04/01/2025 - 07/15/2043 ☼		66,788
	72,424	5.00%, 02/01/2018 - 04/25/2038 ‡		78,014
	48,821	5.50%, 12/01/2013 - 01/01/2037 ‡		53,193
	11,836	6.00%, 11/01/2013 - 02/01/2037		12,970
	24	6.50%, 11/01/2014 - 07/01/2032		26
	435	7.00%, 02/01/2016 - 10/01/2037		506
	339	7.50%, 11/01/2015 - 05/01/2032		385
	2	8.00%, 04/01/2032		2
	15,950	9.69%, 11/25/2039 ►		2,622
	16,049	11.58%, 10/25/2036 ►		2,838
	23,646	14.35%, 09/25/2040 ►		3,244
				1,094,960
		GNMA - 22.0%
	85,300	3.00%, 07/15/2043 ☼		84,327
	211,887	3.50%, 12/15/2040 - 07/15/2043 ☼		217,794
	181,503	4.00%, 07/20/2040 - 07/15/2043 ‡☼		191,288
	170,400	4.50%, 11/15/2039 - 09/20/2041 ‡		183,455
	64,601	5.00%, 08/15/2039 - 06/20/2040 ‡		71,055
	9,263	5.50%, 03/15/2033 - 10/20/2034		10,331
	41,699	6.00%, 12/15/2023 - 07/15/2043 ☼		46,301
	6,212	6.50%, 06/15/2028 - 09/15/2032		7,020
	21	7.00%, 06/20/2030 - 08/15/2031		25

The accompanying notes are an integral part of these financial statements.

18

Shares or Principal Amount			Market Value ╪
U.S. GOVERNMENT AGENCIES - 57.0% - (continued)
		GNMA - 22.0% - (continued)
$	1	8.50%, 11/15/2024	$	1
				811,597
		Total U.S. government agencies
		(cost $2,106,829)	$	2,099,495
U.S. GOVERNMENT SECURITIES - 14.7%
	U.S. Treasury Securities - 14.7%
		U.S. Treasury Bonds - 4.8%
$	67,410	2.88%, 05/15/2043 □‡	$	59,658
	20,138	3.13%, 11/15/2041 ‡		18,879
	30,512	4.38%, 05/15/2041 ‡		35,785
	49,873	4.75%, 02/15/2041 ‡		61,983
				176,305
		U.S. Treasury Notes - 9.9%
	311,838	0.88%, 01/31/2017 - 04/30/2017 ‡		310,287
	9,319	1.00%, 10/31/2016 □		9,374
	14,675	1.88%, 09/30/2017 ‡		15,111
	10,000	2.00%, 04/30/2016 ‡		10,384
	16,975	3.13%, 04/30/2017 ‡		18,329
				363,485
				539,790
		Total U.S. government securities
		(cost $553,449)	$	539,790

Contracts			Market Value ╪
PUT OPTIONS PURCHASED - 0.0%
		Interest Rate Contracts - 0.0%
		Interest Rate Swaption USD
	13,480	Expiration: 04/17/2023, Exercise Rate: 3.46%	$	2,085
		Total put options purchased
		(cost $1,961)	$	2,085

Shares or Principal Amount			Market Value ╪
PREFERRED STOCKS - 0.1%
		Diversified Banks - 0.0%
	2	U.S. Bancorp	$	1,931
		Other Diversified Financial Services - 0.1%
	122	Citigroup Capital XIII		3,391
		Total preferred stocks
		(cost $4,974)	$	5,322
		Total long-term investments
		(cost $4,654,267)	$	4,652,831

SHORT-TERM INVESTMENTS - 4.3%
	Repurchase Agreements - 4.3%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $582, collateralized by GNMA 3.00%, 2042, value of $592)
$	582	0.13%, 6/28/2013			$	582
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $12,372, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $12,587)
	12,372	0.15%, 6/28/2013				12,372
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $24,036, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $24,461)
	24,036	0.12%, 6/28/2013				24,036
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $16,657, collateralized by U.S. Treasury Note 3.13%, 2021, value of $16,931)
	16,657	0.10%, 6/28/2013				16,657
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $49,085, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $49,823)
	49,085	0.10%, 6/28/2013				49,085
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $582, collateralized by FNMA 4.50%, 2035, value of $592)
	582	0.25%, 6/28/2013				582
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $19,685, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $20,078)
	19,684	0.10%, 6/28/2013				19,684
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $34,714, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $35,305)
	34,713	0.12%, 6/28/2013				34,713
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $501, collateralized by U.S. Treasury Note 0.63%, 2014, value of $511)
	501	0.09%, 6/28/2013				501
						158,212
		Total short-term investments
		(cost $158,212)			$	158,212
		Total investments
		(cost $4,812,479) ▲	130.6	%	$	4,811,043
		Other assets and liabilities	(30.6	)%		(1,128,413	)
		Total net assets	100.0	%	$	3,682,630

The accompanying notes are an integral part of these financial statements.

19

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $4,821,792 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	84,858
Unrealized Depreciation		(95,607	)
Net Unrealized Depreciation	$	(10,749	)

Δ Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2013.

Þ This security may pay interest in additional principal instead of cash.

► Securities disclosed are interest-only strips.  The interest rates represent effective yields based upon estimated future cash flows at June 30, 2013.

◊ All or a portion of this position represents unsettled loan commitment.  The coupon rate will be determined at time of settlement.

♦ Senior floating rate interests 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 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.  Unless otherwise noted, the interest rate disclosed for these securities represents the average coupon as of June 30, 2013.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $414,277, which represents 11.2% of total net assets.

§ These securities were sold to the Fund under Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933.  The Fund may only be able to resell these securities in the United States if an exemption from registration under the federal and state securities laws is available, or the Fund may only be able to sell these securities outside of the United States (such as on a foreign exchange) to a non-U.S. person. Unless otherwise indicated, these holdings are determined to be liquid.  At June 30, 2013, the aggregate value of these securities was $663, which rounds to zero percent of total net assets.

۞ Convertible security.

♠ Perpetual maturity security.  Maturity date shown is the first call date.

☼ This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities was $1,086,092 at June 30, 2013.

‡ This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.

╦ This security, or a portion of this security, has been pledged as collateral in connection with swap contracts.  In addition, cash of $19,030 was received from broker(s) as collateral in connection with swap contracts.  Securities valued at $8,807, held on behalf of the Fund at the custody bank, were designated by broker(s) as collateral in connection with swap contracts.

The accompanying notes are an integral part of these financial statements.

20

□ This security, or a portion of this security, is pledged as initial margin deposit and collateral for daily variation margin loss on open futures contracts held at June 30, 2013 as listed in the table below:

Futures Contracts Outstanding at June 30, 2013

Description	Number of Contracts*		Expiration Date	Notional Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
Long position contracts:
Long Gilt Future		117	09/26/2013	$	19,819	$	19,913	$	94
U.S. Treasury 2-Year Note Future		1,094	09/30/2013		240,887		240,680		(207	)
U.S. Treasury 5-Year Note Future		3,202	09/30/2013		392,204		387,592		(4,612	)
								$	(4,725	)
Short position contracts:
Euro-BUND Future		120	09/06/2013	$	22,004	$	22,105	$	(101	)
Japan 10-Year Bond Future		120	09/10/2013		173,230		172,656		574
U.S. Treasury 10-Year Note Future		3,905	09/19/2013		498,942		494,227		4,715
U.S. Treasury 30-Year Bond Future		23	09/19/2013		3,200		3,124		76
U.S. Treasury CME Ultra Long Term Bond Future		215	09/19/2013		32,120		31,672		448
								$	5,712
								$	987

* The number of contracts does not omit 000's.

Θ At June 30, 2013, this security, or a portion of this security, is designated to cover written call options in the table below:

Written Call Options Outstanding at June 30, 2013

Description (Counterparty)	Option Type	Exercise Price/ Rate			Expiration Date	Number of Contracts*		Market Value ╪		Premiums Received		Unrealized Appreciation (Depreciation)
CDX.NA.IG.20 (CSI)	Credit		0.85	%	07/17/2013		189,450,000	$	292	$	664	$	372
CDX.NA.IG.20 (CSI)	Credit		1.00	%	07/17/2013		275,130,000		1,752		1,306		(446	)
								$	2,044	$	1,970	$	(74	)

* The number of contracts does not omit 000's.  Number of contracts shown in  U.S. dollars unless otherwise noted.

Ø At June 30, 2013, this security, or a portion of this security, collateralized the written put options in the table below:

Written Put Options Outstanding at June 30, 2013

Description (Counterparty)	Option Type	Exercise Price/ Rate			Expiration Date	Number of Contracts*		Market Value ╪		Premiums Received		Unrealized Appreciation (Depreciation)
CDX.NA.IG.20 (CSI)	Credit		0.85	%	07/17/2013		189,450,000	$	566	$	379	$	(187	)
CDX.NA.IG.20 (CSI)	Credit		1.00	%	07/17/2013		275,130,000		213		377		164
								$	779	$	756	$	(23	)

* The number of contracts does not omit 000's.  Number of contracts shown in U.S. dollars unless otherwise noted.

The accompanying notes are an integral part of these financial statements.

21

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Credit Default Swap Contracts Outstanding at June 30, 2013

Reference Entity	Counterparty		Notional Amount (a)		(Pay)/Receive Fixed Rate			Expiration Date	Upfront Premiums Paid/ (Received)			Market Value ╪			Unrealized Appreciation/ (Depreciation)
Credit default swaps on traded indices:
Buy protection:
ABX.HE.AA.06		BCLY	$	5,878		(0.32	)%	07/25/45	$	2,193		$	1,761		$	(432	)
ABX.HE.AAA.06		BCLY		12,488		(0.18	)%	07/25/45		1,306			445			(861	)
ABX.HE.AAA.06		BOA		6,262		(0.18	)%	07/25/45		340			223			(117	)
ABX.HE.AAA.06		GSC		3,542		(0.18	)%	07/25/45		290			126			(164	)
ABX.HE.AAA.06		JPM		1,675		(0.18	)%	07/25/45		63			60			(3	)
ABX.HE.AAA.06		JPM		671		(0.18	)%	07/25/45		24			24			–
ABX.HE.AAA.06		MSC		4,740		(0.18	)%	07/25/45		388			169			(219	)
ABX.HE.PENAAA.06		BCLY		1,418		(0.11	)%	05/25/46		232			303			71
ABX.HE.PENAAA.06		BOA		2,802		(0.11	)%	05/25/46		638			599			(39	)
ABX.HE.PENAAA.06		GSC		2,638		(0.11	)%	05/25/46		660			564			(96	)
ABX.HE.PENAAA.06		JPM		211		(0.11	)%	05/25/46		38			45			7
ABX.HE.PENAAA.06		JPM		4,881		(0.11	)%	05/25/46		1,192			1,044			(148	)
ABX.HE.PENAAA.06		MSC		1,171		(0.11	)%	05/25/46		208			250			42
ABX.HE.PENAAA.06		MSC		3,323		(0.11	)%	05/25/46		806			710			(96	)
ABX.HE.PENAAA.07		BCLY		225		(0.09	)%	08/25/37		74			82			8
ABX.HE.PENAAA.07		JPM		272		(0.09	)%	08/25/37		94			99			5
ABX.HE.PENAAA.07		JPM		5,363		(0.09	)%	08/25/37		2,206			1,956			(250	)
CDX.NA.HY.20		BOA		22,100		(5.00	)%	06/20/18		(1,271	)		(669	)		602
CDX.NA.HY.20		CSI		64,120		(5.00	)%	06/20/18		(3,691	)		(1,941	)		1,750
CDX.NA.HY.20		GSC		59,040		(5.00	)%	06/20/18		(1,937	)		(1,787	)		150
CDX.NA.HY.20		JPM		29,415		(5.00	)%	06/20/18		(1,107	)		(890	)		217
CDX.NA.HY.20		MSC		25,160		(5.00	)%	06/20/18		(636	)		(762	)		(126	)
CDX.NA.HY.20		MSC		18,555		(5.00	)%	06/20/18		(767	)		(562	)		205
CDX.NA.IG.20		CSI		138,140		(1.00	)%	06/20/18		(953	)		(849	)		104
CDX.NA.IG.20		GSC		38,715		(1.00	)%	06/20/18		(325	)		(238	)		87
CDX.NA.IG.20		MSC		134,125		(1.00	)%	06/20/18		(1,467	)		(824	)		643
CMBX.NA.A.1		BOA		2,910		(0.35	)%	10/12/52		928			1,186			258
CMBX.NA.A.1		DEUT		5,450		(0.35	)%	10/12/52		2,518			2,221			(297	)
CMBX.NA.A.1		GSC		2,510		(0.35	)%	10/12/52		1,136			1,023			(113	)
CMBX.NA.A.1		MSC		1,025		(0.35	)%	10/12/52		425			418			(7	)
CMBX.NA.AA.1		CSI		6,640		(0.25	)%	10/12/52		1,519			1,415			(104	)
CMBX.NA.AA.1		DEUT		6,550		(0.25	)%	10/12/52		1,384			1,396			12
CMBX.NA.AA.1		UBS		17,925		(0.25	)%	10/12/52		4,066			3,820			(246	)
CMBX.NA.AA.2		BOA		425		(0.15	)%	03/15/49		165			163			(2	)
CMBX.NA.AA.2		BOA		7,960		(0.15	)%	03/15/49		3,025			3,050			25
CMBX.NA.AA.2		GSC		815		(0.15	)%	03/15/49		321			312			(9	)
CMBX.NA.AA.2		JPM		1,025		(0.15	)%	03/15/49		387			393			6
CMBX.NA.AA.2		MSC		2,670		(0.15	)%	03/15/49		1,060			1,023			(37	)
CMBX.NA.AJ.1		DEUT		1,430		(0.84	)%	10/12/52		100			117			17
CMBX.NA.AJ.1		JPM		510		(0.84	)%	10/12/52		36			42			6
CMBX.NA.AJ.1		MSC		2,550		(0.84	)%	10/12/52		179			208			29
CMBX.NA.AJ.4		MSC		4,210		(0.96	)%	02/17/51		1,647			1,259			(388	)
CMBX.NA.AM.2		CSI		7,960		(0.50	)%	03/15/49		487			527			40
CMBX.NA.AM.2		DEUT		7,960		(0.50	)%	03/15/49		457			527			70
CMBX.NA.AM.2		MSC		2,050		(0.50	)%	03/15/49		101			136			35
CMBX.NA.AM.3		CSI		7,460		(0.50	)%	12/13/49		746			832			86
CMBX.NA.AM.3		MSC		960		(0.50	)%	12/13/49		87			107			20
CMBX.NA.AM.4		BOA		1,910		(0.50	)%	02/17/51		229			229			–
CMBX.NA.AM.4		GSC		1,845		(0.50	)%	02/17/51		231			231			–
CMBX.NA.AM.4		MSC		960		(0.50	)%	02/17/51		97			116			19
CMBX.NA.AM.4		MSC		7,460		(0.50	)%	02/17/51		1,672			897			(775	)
ITRX.XOV.19		DEUT	EUR	9,035		(5.00	)%	06/20/18		(572	)		(109	)		463
ITRX.XOV.19		GSC	EUR	8,325		(5.00	)%	06/20/18		(397	)		(102	)		295
ITRX.XOV.19		GSC	EUR	5,220		(5.00	)%	06/20/18		(28	)		(63	)		(35	)
ITRX.XOV.19		MSC	EUR	25,375		(5.00	)%	06/20/18	$	(593	)	$	(309	)	$	284

The accompanying notes are an integral part of these financial statements.

22

Credit Default Swap Contracts Outstanding at June 30, 2013 - (continued)

Reference Entity	Counterparty		Notional Amount (a)		(Pay)/Receive Fixed Rate			Expiration Date	Upfront Premiums Paid/ (Received)			Market Value ╪			Unrealized Appreciation/ (Depreciation)
Credit default swaps on traded indices: - (continued)
Buy protection: - (continued)
Total									$	20,011		$	21,003		$	992
Sell protection:
ABX.HE.AAA.06		CSI	$	2,258		0.11	%	05/25/46	$	(734	)	$	(666	)	$	68
ABX.HE.AAA.06		JPM		582		0.11	%	05/25/46		(171	)		(172	)		(1	)
ABX.HE.AAA.06		JPM		2,258		0.11	%	05/25/46		(732	)		(666	)		66
CDX.EM.19		DEUT		81,090		5.00	%	06/20/18		10,557			6,466			(4,091	)
CDX.EM.19		GSC		5,135		5.00	%	06/20/18		667			409			(258	)
CDX.NA.IG.20		CSI		17,175		1.00	%	06/20/18		166			106			(60	)
CDX.NA.IG.20		CSI		74,740		1.00	%	06/20/18		342			459			117
CMBX.NA. BBB-.6		CSI		5,240		3.00	%	05/11/63		(366	)		(525	)		(159	)
CMBX.NA.AA.4		MSC		12,575		1.65	%	02/17/51		(7,903	)		(7,762	)		141
CMBX.NA.AAA.3		JPM		830		0.08	%	12/13/49		(22	)		(34	)		(12	)
CMBX.NA.AAA.3		JPM		6,400		0.08	%	12/13/49		(368	)		(266	)		102
CMBX.NA.AAA.6		BOA		3,805		0.50	%	05/11/63		(130	)		(213	)		(83	)
CMBX.NA.AAA.6		CSI		40,600		0.50	%	05/11/63		(1,078	)		(2,276	)		(1,198	)
CMBX.NA.AAA.6		DEUT		12,125		0.50	%	05/11/63		(296	)		(680	)		(384	)
CMBX.NA.AAA.6		JPM		3,475		0.50	%	05/11/63		(115	)		(195	)		(80	)
CMBX.NA.AAA.6		UBS		26,840		0.50	%	05/11/63		(676	)		(1,505	)		(829	)
CMBX.NA.AJ.3		CSI		6,170		1.47	%	12/13/49		(1,935	)		(1,794	)		141
CMBX.NA.AJ.3		MSC		1,290		1.47	%	12/13/49		(403	)		(375	)		28
CMBX.NA.AJ.3		MSC		1,685		1.47	%	12/13/49		(489	)		(490	)		(1	)
CMBX.NA.AJ.3		UBS		5,475		1.47	%	12/13/49		(2,154	)		(1,592	)		562
CMBX.NA.BB. 6		UBS		1,980		5.00	%	05/11/63		(83	)		(190	)		(107	)
CMBX.NA.BB.6		CSI		4,655		5.00	%	05/11/63		(211	)		(446	)		(235	)
CMBX.NA.BB.6		MSC		2,335		5.00	%	05/11/63		(150	)		(224	)		(74	)
CMBX.NA.BB.6		UBS		3,520		5.00	%	05/11/63		85			(338	)		(423	)
CMBX.NA.BBB-.6		BCLY		1,880		3.00	%	05/11/63		(56	)		(188	)		(132	)
CMBX.NA.BBB-.6		CSI		6,715		3.00	%	05/11/63		18			(673	)		(691	)
CMBX.NA.BBB-.6		DEUT		5,031		3.00	%	05/11/63		(144	)		(504	)		(360	)
CMBX.NA.BBB-.6		MSC		1,745		3.00	%	05/11/63		(100	)		(175	)		(75	)
PrimeX.ARM.1		MSC		2,895		4.42	%	06/25/36		84			293			209
PrimeX.ARM.1		MSC		255		4.42	%	06/25/36		27			26			(1	)
PrimeX.ARM.2		MSC		8,926		4.58	%	06/25/36		(655	)		257			912
PrimeX.ARM.2		MSC		1,164		4.58	%	12/25/37		38			33			(5	)
Total									$	(6,987	)	$	(13,900	)	$	(6,913	)
Total traded indices									$	13,024		$	7,103		$	(5,921	)

(a) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.  Notional shown in U.S. dollars unless otherwise noted.

Interest Rate Swap Contracts Outstanding at June 30, 2013

Counterparty	Payments made by Fund	Payments received by Fund	Notional Amount *		Expiration Date	Upfront Premiums Paid/ (Received)		Market Value ╪			Unrealized Appreciation/ (Depreciation)
DEUT	3M LIBOR	2.82% Fixed	$	3,250	04/17/43	$	–	$	(402	)	$	(402	)
GSC	1.73% Fixed	6M EURIBOR	EUR	41,700	01/09/23		–		1,132			1,132
JPM	3M STIBOR	2.16% Fixed	SEK	447,800	01/09/23		–		(3,106	)		(3,106	)
						$	–	$	(2,376	)	$	(2,376	)

* Notional shown in U.S. dollars unless otherwise noted.

The accompanying notes are an integral part of these financial statements.

23

Hartford Total Return Bond HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Spreadlock Swap Contracts Outstanding at June 30, 2013

Counterparty	Strike	Notional Amount		Determination Date	Upfront Premiums Paid/ (Received)		Market Value ╪		Unrealized Appreciation/ (Depreciation)
JPM	80.0 bps Fixed*	$	319,000	09/20/13	$	–	$	683	$	683

* This is a spreadlock swap between the 10-Year constant maturity swap curve ("CMS") and the yield to maturity on a 30-Year FNMA.  If the yield to maturity on the 30-Year FNMA minus the 10-Year CMS rate is greater than 0.80%, the Fund will receive money from the counterparty based on this differential.  If the yield to maturity on the 30-Year FNMA minus the 10-Year CMS rate is less than 0.80%, the Fund will pay the counterparty.

Foreign Currency Contracts Outstanding at June 30, 2013

Currency	Buy / Sell	Delivery Date	Counterparty		Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
BRL	Buy	08/02/2013		GSC	$	4,902	$	4,419	$	(483	)
BRL	Buy	08/02/2013		UBS		4,808		4,419		(389	)
EUR	Buy	07/01/2013		JPM		10		10		–
GBP	Buy	07/01/2013		JPM		30		30		–
JPY	Buy	07/01/2013		JPM		12		12		–
									$	(872	)

Securities Sold Short Outstanding at June 30, 2013

Description	Principal Amount		Maturity Date	Market Value ╪		Unrealized Appreciation/ Depreciation
FHLMC TBA, 5.50%	$	49,800	08/15/2039	$	53,566	$	(160	)
FNMA TBA, 4.00%		59,000	07/15/2043		61,464		763
FNMA TBA, 5.00%		58,000	07/15/2041		62,418		(77	)
FNMA TBA, 5.50%		28,400	07/15/2043		30,845		(111	)
GNMA TBA, 3.00%		108,200	07/15/2042		107,000		3,342
GNMA TBA, 3.50%		207,800	07/15/2043		213,157		4,368
GNMA TBA, 4.00%		21,900	07/15/2043		22,954		296
GNMA TBA, 4.50%		37,400	07/15/2043		39,870		143
				$	591,274	$	8,564

At June 30, 2013, the aggregate value of these securities represents 16.1% of total net assets.

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

The accompanying notes are an integral part of these financial statements.

24

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
BOA	Banc of America Securities LLC
CSI	Credit Suisse International
DEUT	Deutsche Bank Securities, Inc.
GSC	Goldman Sachs & Co.
JPM	JP Morgan Chase & Co.
MSC	Morgan Stanley
UBS	UBS AG
Currency Abbreviations:
BRL	Brazilian Real
EUR	EURO
GBP	British Pound
JPY	Japanese Yen
SEK	Swedish Krona
Index Abbreviations:
ABX.HE	Markit Asset Backed Security Home Equity
ABX.HE.PEN	Markit Asset Backed Security Home Equity Penultimate
CDX.EM	Credit Derivatives Emerging Markets
CDX.NA.HY	Credit Derivatives North American High Yield
CDX.NA.IG	Credit Derivatives North American Investment Grade
CMBX.NA	Markit Commercial Mortgage Backed North American
ITRX.XOV	Markit iTraxx Index - Europe Crossover
PrimeX.ARM	Markit PrimeX Mortgage Backed Security
Municipal Bond Abbreviations:
GO	General Obligation
Rev	Revenue
Other Abbreviations:
EURIBOR	Euro Interbank Offered Rate
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association
LIBOR	London Interbank Offered Rate
STIBOR	Stockholm Interbank Offer Rate

The accompanying notes are an integral part of these financial statements.

25

Hartford Total Return Bond HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Asset & Commercial Mortgage Backed Securities	$	602,846	$	–	$	520,477	$	82,369
Corporate Bonds		1,177,430		–		1,170,417		7,013
Foreign Government Obligations		13,692		–		13,692		–
Municipal Bonds		40,757		–		40,757		–
Preferred Stocks		5,322		3,391		1,931		–
Put Options Purchased		2,085		–		2,085		–
Senior Floating Rate Interests		171,414		–		171,414		–
U.S. Government Agencies		2,099,495		–		2,099,495		–
U.S. Government Securities		539,790		59,658		480,132		–
Short-Term Investments		158,212		–		158,212		–
Total	$	4,811,043	$	63,049	$	4,658,612	$	89,382
Credit Default Swaps *		7,902		–		7,902		–
Foreign Currency Contracts *		–		–		–		–
Futures *		5,907		5,907		–		–
Interest Rate Swaps *		1,132		–		1,132		–
Spreadlock Swaps *		683		–		683		–
Written Options *		536		–		536		–
Total	$	16,160	$	5,907	$	10,253	$	–
Liabilities:
Securities Sold Short	$	591,274	$	–	$	591,274	$	–
Total	$	591,274	$	–	$	591,274	$	–
Credit Default Swaps *		13,823		–		13,823		–
Foreign Currency Contracts *		872		–		872		–
Futures *		4,920		4,920		–		–
Interest Rate Swaps *		3,508		–		3,508		–
Written Options *		633		–		633		–
Total	$	23,756	$	4,920	$	18,836	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization			Purchases		Sales			Transfers Into Level 3 *		Transfers Out of Level 3 *			Balance as of June 30, 2013
Assets:
Asset & Commercial Mortgage Backed Securities	$	90,626	$	8,779	$	(2,169	)†	$	3,906		$	37,048	$	(41,913	)	$	—	$	(13,908	)	$	82,369
Corporate Bonds		8,928		81		(419	)‡		(2	)		41		(1,616	)		—		—			7,013
Total	$	99,554	$	8,860	$	(2,588	)	$	3,904		$	37,089	$	(43,529	)	$	—	$	(13,908	)	$	89,382

* Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to:

1) Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3).

2) Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3).

3) Investments that have certain restrictions on trading (transfer into Level 3) or investments where trading restrictions have expired (transfer out of Level 3).

† Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $704.

‡ Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $(419).

The accompanying notes are an integral part of these financial statements.

26

Hartford Total Return Bond HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $4,812,479)	$	4,811,043
Cash		5,755
Unrealized appreciation on foreign currency contracts		—
Unrealized appreciation on swap contracts		9,717
Receivables:
Investment securities sold		1,314,240
Fund shares sold		2,168
Dividends and interest		24,015
Variation margin		402
Swap premiums paid		45,739
Other assets		4
Total assets		6,213,083
Liabilities:
Unrealized depreciation on foreign currency contracts		872
Unrealized depreciation on swap contracts		17,331
Securities sold short, at market value (proceeds $599,838)		591,274
Payables:
Investment securities purchased		1,861,993
Fund shares redeemed		3,386
Collateral received from broker		19,030
Variation margin		371
Investment management fees		278
Distribution fees		19
Other liabilities		44
Accrued expenses		317
Swap premiums received		32,715
Written options (proceeds $2,726)		2,823
Total liabilities		2,530,453
Net assets	$	3,682,630
Summary of Net Assets:
Capital stock and paid-in-capital	$	3,495,312
Undistributed net investment income		203,012
Accumulated net realized loss		(15,211	)
Unrealized depreciation of investments and the translations of assets and liabilities denominated in foreign currency		(483	)
Net assets	$	3,682,630
Shares authorized		5,000,000
Par value	$	0.001
Class IA: Net asset value per share	$	11.64
Shares outstanding		275,211
Net assets	$	3,202,431
Class IB: Net asset value per share	$	11.54
Shares outstanding		41,614
Net assets	$	480,199

The accompanying notes are an integral part of these financial statements.

27

Hartford Total Return Bond HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	159
Interest		62,738
Less: Foreign tax withheld		1
Total investment income, net		62,898
Expenses:
Investment management fees		9,006
Transfer agent fees		2
Distribution fees - Class IB		658
Custodian fees		31
Accounting services fees		392
Board of Directors' fees		54
Audit fees		19
Other expenses		383
Total expenses (before fees paid indirectly)		10,545
Custodian fee offset		—
Total fees paid indirectly		—
Total expenses, net		10,545
Net Investment Income		52,353
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions:
Net realized gain on investments		11,545
Net realized gain on purchased options		1,850
Net realized gain on securities sold short		13,449
Net realized gain on futures		11,884
Net realized loss on swap contracts		(13,268	)
Net realized gain on foreign currency contracts		105
Net realized loss on other foreign currency transactions		(96	)
Net Realized Gain on Investments, Other Financial Instruments and Foreign Currency Transactions		25,469
Net Changes in Unrealized Depreciation of Investments, Other Financial Instruments and Foreign Currency Transactions:
Net unrealized depreciation of investments		(186,678	)
Net unrealized depreciation of purchased options		(542	)
Net unrealized appreciation of securities sold short		9,123
Net unrealized depreciation of futures		(1,804	)
Net unrealized depreciation of written options		(97	)
Net unrealized depreciation of swap contracts		(9,187	)
Net unrealized depreciation of foreign currency contracts		(1,383	)
Net unrealized depreciation on translation of other assets and liabilities in foreign currencies		(14	)
Net Changes in Unrealized Depreciation of Investments, Other Financial Instruments and Foreign Currency Transactions		(190,582	)
Net Loss on Investments, Other Financial Instruments and Foreign Currency Transactions		(165,113	)
Net Decrease in Net Assets Resulting from Operations	$	(112,760	)

The accompanying notes are an integral part of these financial statements.

28

Hartford Total Return Bond HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the  Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	52,353		$	127,213
Net realized gain on investments, other financial instruments and foreign currency transactions		25,469			150,173
Net unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions		(190,582	)		32,054
Net Increase (Decrease) in Net Assets Resulting from Operations		(112,760	)		309,440
Distributions to Shareholders:
From net investment income
Class IA		—			(149,453	)
Class IB		—			(22,764	)
Total distributions		—			(172,217	)
Capital Share Transactions:
Class IA
Sold		206,632			332,218
Issued on reinvestment of distributions		—			149,453
Redeemed		(479,419	)		(745,553	)
Total capital share transactions		(272,787	)		(263,882	)
Class IB
Sold		31,403			85,231
Issued on reinvestment of distributions		—			22,764
Redeemed		(102,011	)		(193,845	)
Total capital share transactions		(70,608	)		(85,850	)
Net decrease from capital share transactions		(343,395	)		(349,732	)
Net Decrease in Net Assets		(456,155	)		(212,509	)
Net Assets:
Beginning of period		4,138,785			4,351,294
End of period	$	3,682,630		$	4,138,785
Undistributed (distribution in excess of) net investment income	$	203,012		$	150,659
Shares:
Class IA
Sold		17,348			27,974
Issued on reinvestment of distributions		—			12,783
Redeemed		(39,995	)		(62,562	)
Total share activity		(22,647	)		(21,805	)
Class IB
Sold		2,640			7,217
Issued on reinvestment of distributions		—			1,959
Redeemed		(8,578	)		(16,407	)
Total share activity		(5,938	)		(7,231	)

The accompanying notes are an integral part of these financial statements.

29

Hartford Total Return Bond HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Total Return Bond HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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 Fund may cause the NAV of its shares to differ significantly from the NAV that would have been calculated using

30

market prices at the close of the exchange on which a portfolio investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Fixed income investments (other than short term obligations) and non-exchange traded derivatives held by the Fund are normally valued on the basis of quotes obtained from brokers and dealers or independent pricing services in accordance with procedures established by the Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values through accepted market modeling and trading and pricing conventions. Inputs to the models may include, but are not limited to, prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models and the bond’s terms and conditions. Generally, the Fund may use fair valuation in regard to fixed income investments when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. 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. A composite bid price is used, which averages the dealer marks and dealer runs. Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days.

Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant exchange as of the NYSE Close. In the case of OTC options and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

31

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price. For more information on specific valuation techniques and unobservable inputs, please see table below titled "Quantitative Information about Level 3 Fair Value Measurements".

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

32

Quantitative Information about Level 3 Fair Value Measurements:

Security Type / Valuation Technique	Unobservable Input(1)	Range (Weighted Average(2) )	Fair Value at June 30, 2013
Asset & Commercial Mortgage Backed Securities:
Third party vendor	Prior day valuation	Not Applicable	$	1,359
Discounted cash flow	Internal rate of return Life expectancy (in months)	2.1% - 8.6% (4.8%) 69-296 (187)		77,921
Indicative market quotations	Broker Quote(3)	Not Applicable		3,089
Corporate Bonds:
Third party vendor	Prior day valuation	Not Applicable		240
Indicative market quotations	Broker Quote(3)	Not Applicable		6,773
Total			$	89,382

(1) Significant changes to any unobservable inputs may result in a significant change to the fair value.

(2) Unless otherwise noted, inputs were weighted based on the fair value of the investments included in the range.

(3) For investments priced using indicative market quotes, these quotes represent the best available estimate of fair value as of June 30, 2013.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Trade date for senior floating rate interests purchased in the primary loan market is considered the date on which the loan allocations are determined. Trade date for senior floating rate interests purchased in the secondary loan market is the date on which the transaction is entered into.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis. Paydown gains and losses on mortgage-related and other asset-backed securities are included in interest income in the Statement of Operations, as applicable.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

33

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid

34

pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

c) Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by the Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and the Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. The Fund, as shown on the Schedule of Investments, had when-issued or delayed-delivery investments as of June 30, 2013.

In connection with the Fund’s ability to purchase investments on a when-issued or forward commitment basis, the Fund may enter into to-be announced (“TBA”) commitments. TBA commitments are forward agreements for the purchase or sale of mortgage-backed securities for a fixed price, with payment and delivery on an agreed-upon future settlement date. The specific securities to be delivered are not identified at the trade date; however, delivered securities must meet specified terms, including issuer, rate and mortgage terms. Although the Fund may enter into TBA commitments with the intention of acquiring or delivering securities for its portfolio, the Fund can extend the settlement date, roll the transaction, or dispose of a commitment prior to settlement if deemed appropriate to do so. If the TBA commitment is closed through the acquisition of an offsetting TBA commitment, the Fund realizes a gain or loss. In a TBA roll transaction, the Fund generally purchases or sells the initial TBA commitment prior to the agreed upon settlement date and enters into a new TBA commitment for future delivery or receipt of the mortgage-backed securities. TBA commitments involve a risk of loss if the value of the security to be purchased or sold declines or increases, respectively, prior to settlement date.

The Fund may enter into “dollar rolls” in which the Fund sells securities and contracts with the same counterparty to repurchase substantially similar securities (for example, same issuer, coupon and maturity) on a specified future date at an agreed upon price. The Fund gives up the right to receive interest paid on the investments sold. The Fund would benefit to the extent of any differences between the price received for the security and the lower forward price for the future purchase. Dollar rolls involve the risk that the market value of the securities that the Fund is required to purchase may decline below the agreed upon repurchase price of those securities. The Fund records dollar roll transactions as purchases and sales and realizes gains and losses on these transactions. These transactions are excluded from the Fund’s portfolio turnover rate. The Fund had open dollar roll transactions as of June 30, 2013.

d) Senior Floating Rate Interests – The Fund, as shown on the Schedule of Investments, invests 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. The Fund may invest in multiple series or tranches of a senior floating rate interest, which may have varying terms and carry different associated risks. The Fund may also enter into unfunded loan commitments, which are contractual obligations for future funding. Unfunded loan commitments may include revolving credit facilities, which may obligate the Fund to supply additional cash to the borrower on demand. Unfunded loan commitments represent a future obligation in full. The Fund may receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a senior floating rate interest. In certain circumstances, the Fund may receive various fees upon the restructure of a senior floating rate interest by a borrower. Fees earned/paid may be recorded as a component of income or realized gain/loss in the Statement of Operations.

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

35

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

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.

e) Mortgage Related and Other Asset Backed Securities – The Fund may invest in mortgage related and other asset backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage backed securities, stripped mortgage backed securities, asset backed securities, collateralized debt obligations and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. Mortgage related securities are created from pools of residential or commercial mortgage loans, including mortgage loans made by savings and loan institutions, mortgage bankers, commercial banks and others. Asset backed securities are created from many types of assets, including auto loans, credit card receivables, home equity loans, and student loans. These securities provide a monthly payment that consists of both interest and principal payments. Interest payments may be determined by fixed or adjustable rates. The rate of pre-payments on underlying mortgages will affect the price and volatility of a mortgage related security, and may have the effect of shortening or extending the effective duration of the security relative to what was anticipated at the time of purchase. The timely payment of principal and interest of certain mortgage related securities is guaranteed by the full faith and credit of the United States Government. Mortgage related and other asset backed securities created and guaranteed by non-governmental issuers, including government-sponsored corporations, may be supported by various forms of insurance or guarantees, but there can be no assurance that the private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The Fund, as shown on the  Schedule of Investments, had mortgage related and other asset backed securities as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

b) Futures Contracts – The Fund may enter into futures contracts. A futures contract is an agreement between two parties to buy or sell an asset at a set price on a future date. The Fund uses futures contracts to manage or obtain exposure to the investment markets, commodities, or movements in interest rates and currency values. The primary risks associated with the use of futures contracts are the imperfect correlation between the change in market value of the investments held by the Fund and the prices of futures contracts and the possibility of an illiquid market. Upon entering into a futures contract, the Fund is required to deposit with a futures commission merchant (“FCM”) an amount of cash or U.S. Government or Agency Obligations in accordance with the initial margin requirements of the broker or exchange.

36

Futures contracts are marked to market daily at the most recent settlement price reported by an exchange on which, over time, they are traded most extensively, and an appropriate payable or receivable for the change in value (“variation margin”) is recorded by the Fund. Gains or losses are recognized but not considered realized until the contracts expire or are closed. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed on the Statement of Assets and Liabilities; however, the Fund seeks to reduce this risk through the use of an FCM. The Fund, as shown on the  Schedule of Investments, had outstanding futures contracts as of June 30, 2013.

c) Options Contracts – An option contract is a contract sold by one party to another party that offers the buyer the right, but not the obligation, to buy (call) or sell (put) an investment or other financial asset at an agreed-upon price during a specific period of time or on a specific date. The Fund may write (sell) covered call and put options on futures, swaps (“swaptions”), securities, commodities or currencies. “Covered” means that so long as the Fund is obligated as the writer of an option, it will own either the underlying investments or currency or an option to purchase the same underlying investments 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 investments having a value equal to or greater than the fluctuating market value of the option investment or currency. Writing put options increases the Fund’s exposure to the underlying instrument. Writing call options decreases the Fund’s exposure to the underlying instrument. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that are exercised or closed are added to the proceeds or offset amounts paid on the underlying futures, swap, investment or currency transaction to determine the realized gain or loss. The Fund as a writer of an option has no control over whether the underlying instrument may be sold (call) or purchased (put) and as a result bears the market risk of an unfavorable change in the price of the instrument underlying the written option. There is the risk the Fund may not be able to enter into a closing transaction because of an illiquid market. The Fund may also purchase put and call options. Purchasing call options increases the Fund’s exposure to the underlying instrument. Purchasing put options decreases the Fund’s exposure to the underlying instrument. The Fund pays a premium, which is included on the Fund’s Statement of Assets and Liabilities as an investment and is subsequently marked to market to reflect the current value of the option. Premiums paid for purchasing options that expire are treated as realized losses. Certain options may be purchased with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. The risk associated with purchasing put and call options is generally limited to the premium paid. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. Entering into over-the-counter options also exposes the Fund to counterparty risk. Counterparty risk is the possibility that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of the contractual terms in the agreements. The Fund, as shown on the  Schedule of Investments, had outstanding purchased options and written options contracts as of June 30, 2013. Transactions involving written options contracts during the six-month period ended June 30, 2013, are summarized below:

37

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

	Options Contract Activity During the Six-month Period Ended June 30, 2013
Call Options Written During the Period	Number of Contracts*		Premium Amounts
Beginning of the period		—	$	—
Written		464,580,000		1,970
Expired		—		—
Closed		—		—
Exercised		—		—
End of period		464,580,000	$	1,970

	Options Contract Activity During the Six-month Period Ended June 30, 2013
Put Options Written During the Period	Number of Contracts*		Premium Amounts
Beginning of the period		—	$	—
Written		464,580,000		756
Expired		—		—
Closed		—		—
Exercised		—		—
End of period		464,580,000	$	756

* The number of contracts does not omit 000's.

d) Swap Contracts – The Fund may invest in swap contracts. Swap contracts are privately negotiated agreements between the Fund and a counterparty to exchange or swap investment cash flows, assets, foreign currencies or market-linked returns at specified future intervals. The Fund may enter into credit default, total return, cross-currency, interest rate, inflation and other forms of swap contracts to manage its exposure to credit, currency, interest rate, commodity and inflation risk. Swap contracts are also used to gain exposure to certain markets. In connection with these contracts, investments or cash may be identified as collateral in accordance with the terms of the respective swap contracts to provide assets of value and recourse in the event of default or bankruptcy/insolvency. 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 Company’s Board of Directors, and the change in value, if any, is recorded as an unrealized gain or loss on the Statement of Assets and Liabilities. Payments received or made at the beginning of the measurement period are reflected as such on the Statement of Assets and Liabilities and represent payments made or received upon entering into the swap contract to compensate for differences between the stated terms of the swap contract and prevailing market conditions (credit spreads, currency exchange rates, interest rates, and other relevant factors). These upfront payments are recorded as realized gains or losses on the Statement of Operations upon termination or maturity of the swap. A liquidation payment received or made at the termination of the swap and net periodic payments received or paid by the Fund are recorded as realized gains or losses on the Statement of Operations. Entering into these contracts involves, to varying degrees, elements of credit and market risk in excess of the amounts recognized on the Statement of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these contracts, that the counterparty to the contracts may default on its obligation to perform or disagree as to the meaning of contractual terms in the contracts, and that there may be unfavorable changes in interest rates. The Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life, to the extent that amount is positive. The risk is mitigated by having a master netting arrangement between the Fund and the counterparty, which allows for the netting of payments made or received (although such amounts are presented on a gross basis within the Statement of Assets and Liabilities, as applicable) as well as the posting of collateral to the Fund to cover the Fund’s exposure to the counterparty.

Credit Default Swap Contracts – The credit default swap market allows the Fund to manage its exposure to the market or certain sectors of the market, to reduce its risk exposure to defaults of corporate and sovereign issuers, or to create exposure to corporate or sovereign issuers to which it is not otherwise exposed. Certain credit default swaps involve the exchange of a fixed rate premium for protection against the loss in value of an underlying investment or index in the event of a credit event, such as payment default or bankruptcy.

38

Under a credit default swap contract, one party acts as guarantor by receiving the fixed periodic payment in exchange for the commitment to purchase the underlying investment at par if the defined credit event occurs. Upon the occurrence of a defined credit event, the difference between the value of the reference obligation and the swap’s notional amount is recorded as realized gain or loss on swap transactions in the Statement of Operations. 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. Although specified events are contract specific, credit events are generally defined as bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium. A “seller’s” exposure is limited to the total notional amount of the credit default swap contract. These potential amounts would be partially offset by any recovery values of the respective referenced obligations or upfront payments received upon entering into the contract.

Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap contracts on corporate issues, sovereign government issues or U.S. municipal issues as of period-end are disclosed in the notes to the Schedule of Investments, as applicable, and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the contract. Wider credit spreads represent a deterioration of the referenced entity’s soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. For credit default swap contracts on asset-backed securities and credit indices, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced equity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. The Fund, as shown on the Schedule of Investments, had outstanding credit default swaps as of June 30, 2013.

Interest Rate Swap Contracts – The Fund is subject to interest rate risk exposure in the normal course of pursuing its investment objectives. Because the Fund holds fixed rate bonds, the value of these bonds may decrease if interest rates rise. To help hedge against this risk and to maintain its ability to generate income at prevailing market rates, the Fund may enter into interest rate swap contracts. In a typical interest rate swap, one party agrees to make regular payments equal to a floating interest rate, based on a specified interest rate or inflation benchmark (e.g. London Interbank Offered Rate (“LIBOR”)), 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. The net interest received or paid on interest rate swap contracts is recorded as a realized gain or loss. Interest rate swaps are marked to market daily and the change, if any, is recorded as an unrealized gain or loss in the Statement of Operations. When the interest rate swap contract is terminated early, the Fund records a realized gain or loss equal to the difference between the current realized value and the expected cash flows.

If an interest rate swap contract provides for payments in different currencies, the parties might agree to exchange the notional principal amount as well. Interest rate swaps may also depend on other prices or rates, such as the value of an index or mortgage prepayment rates. The risks of interest rate swaps include changes in market conditions which will affect the value of the contract or the cash flows and the possible inability of the counterparty to fulfill its obligations under the contract. The Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life, to the extent that amount is positive. The Fund, as shown on the Schedule of Investments, had outstanding interest rate swaps as of June 30, 2013.

Spreadlock Swap Contracts – The Fund may invest in spreadlock swap contracts. These contracts involve commitments to pay or receive a settlement amount calculated as the difference between the swap spread and a fixed spread at a specific forward date. The Fund, as shown on the Schedule of Investments, had outstanding spreadlock swaps as of June 30, 2013.

39

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

e) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013: 

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Assets:
Investments in securities, at value (purchased options), market value	$	2,085	$	—	$	—	$	—	$	—	$	—	$	2,085
Unrealized appreciation on foreign currency contracts		—		—		—		—		—		—		—
Unrealized appreciation on swap contracts		1,815		—		7,902		—		—		—		9,717
Variation margin receivable *		402		—		—		—		—		—		402
Total	$	4,302	$	—	$	7,902	$	—	$	—	$	—	$	12,204
Liabilities:
Unrealized depreciation on foreign currency contracts	$	—	$	872	$	—	$	—	$	—	$	—	$	872
Unrealized depreciation on swap contracts		3,508		—		13,823		—		—		—		17,331
Variation margin payable *		371		—		—		—		—		—		371
Written options, market value		—		—		2,823		—		—		—		2,823
Total	$	3,137	$	872	$	16,646	$	—	$	—	$	—	$	21,397

* Only current day's variation margin is reported within the Statement of Assets and Liabilities. The variation margin is included in the open futures cumulative appreciation of $987 as reported in the Schedule of Investments.

The ratio of futures contracts to net assets at June 30, 2013 was 27.09%, compared to the six-month period ended June 30, 2013 average ratio of futures contracts to net assets of 21.98%. The volume of other derivatives that are presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts			Foreign Exchange Contracts			Credit Contracts			Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain (Loss) on Derivatives Recognized as a Result of Operations:
Net realized gain on purchased options	$	932		$	918		$	—		$	—	$	—	$	—	$	1,850
Net realized gain on futures		11,884			—			—			—		—		—		11,884
Net realized gain (loss) on swap contracts		1,307			—			(14,575	)		—		—		—		(13,268	)
Net realized gain on foreign currency contracts		—			105			—			—		—		—		105
Total	$	14,123		$	1,023		$	(14,575	)	$	—	$	—	$	—	$	571
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized depreciation of investments in purchased options	$	(372	)	$	(170	)	$	—		$	—	$	—	$	—	$	(542	)
Net change in unrealized depreciation of futures		(1,804	)		—			—			—		—		—		(1,804	)
Net change in unrealized depreciation of written options		—			—			(97	)		—		—		—		(97	)
Net change in unrealized depreciation of swap contracts		(1,736	)		—			(7,451	)		—		—		—		(9,187	)
Net change in unrealized depreciation of foreign currency contracts		—			(1,383	)		—			—		—		—		(1,383	)
Total	$	(3,912	)	$	(1,553	)	$	(7,548	)	$	—	$	—	$	—	$	(13,013	)

40

f) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Received			Net Amount (not less than 0)
Futures contracts - Variation margin receivable	$	402	$	—	$	402	$	—		$	—		$	402
Purchased options at market value		2,085		—		2,085		—			—			2,085
Repurchase Agreements		158,212		—		158,212		—			(160,880	)		—
Swap contracts at market value		39,972		—		39,972		(22,167	)		(27,837	)		—
Unrealized appreciation on foreign currency contracts		—		—		—		—			—			—
Total subject to a master netting or similar arrangement	$	200,671	$	—	$	200,671	$	(22,167	)	$	(188,717	)	$	2,487

Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2013:

Description	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting			Collateral Pledged			Net Amount (not less than 0)
Futures – Variation margin payable	$	371	$	—	$	371	$	—		$	(10,134	)	$	—
Swap contracts at market value		34,562		—		34,562		(22,167	)		—			12,395
Unrealized depreciation on foreign currency contracts		872		—		872		—			—			872
Written options at market value		2,823		—		2,823		—			—			2,823
Total subject to a master netting or similar arrangement	$	38,628	$	—	$	38,628	$	(22,167	)	$	(10,134	)	$	16,090

5. Principal Risks:

a) Credit and Counterparty Risks – Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. Similar to credit risk, the Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – The Fund’s investments expose the Fund to various risks including, but not limited to, interest rate, prepayment, extension, foreign currency, and equity risks. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the values of certain fixed income

41

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

securities held by the Fund are likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income security’s market price to interest rate (i.e., yield) movements. Senior floating rate interests and securities subject to prepayment and extension risk generally offer less potential for gains when interest rates decline. In addition, securities are subject to extension risk. 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 and extension risk are major risks of mortgage backed securities, senior floating rate interests, and certain asset backed securities. For certain asset backed securities, the actual maturity may be less than the stated maturity shown in the Schedule of Investments, if applicable. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity. If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities. 

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	172,217	$	9,707

42

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Undistributed Ordinary Income	$	150,659
Accumulated Capital and Other Losses*		(28,692	)
Unrealized Appreciation†		178,111
Total Accumulated Earnings	$	300,078

*	The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.
†	Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	23,451
Accumulated Net Realized Gain (Loss)		(23,451	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2017	$	28,692
Total	$	28,692

During the year ended December 31, 2012, the Fund utilized $121,285 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized

43

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.5250	%
On next $250 million		0.5000	%
On next $500 million		0.4750	%
On next $1.5 billion		0.4500	%
On next $2.5 billion		0.4450	%
On next $5 billion		0.4300	%
Over $10 billion		0.4200	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.020	%
On next $5 billion		0.018	%
Over $10 billion		0.016	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Fund’s custodian banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement of Operations.

44

The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows: 

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.50	%
Class IB		0.75

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund was in the amount of $2. Hartford Administrative Services Company (“HASCO”), an indirect wholly owned subsidiary of The Hartford, provides transfer agent services to the Fund. HASCO was compensated on a per account basis for providing such services. The amount paid to HASCO can be found in the Statement of Operations. These fees are accrued daily and paid monthly.

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	9,853,953
Sales Proceeds Excluding U.S. Government Obligations		9,629,166
Cost of Purchases for U.S. Government Obligations		709,723
Sales Proceeds for U.S. Government Obligations		768,138

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment

45

Hartford Total Return Bond HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

46

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47

Hartford Total Return Bond HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains		Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited) (E)
IA	$	11.99	$	0.16	$	(0.51	)	$	(0.35	)	$	–		$	–	$	–	$	–		$	11.64
IB		11.91		0.14		(0.51	)		(0.37	)		–			–		–		–			11.54
For the Year Ended December 31, 2012
IA		11.63		0.41		0.45			0.86			(0.50	)		–		–		(0.50	)		11.99
IB		11.55		0.40		0.43			0.83			(0.47	)		–		–		(0.47	)		11.91
For the Year Ended December 31, 2011
IA		10.90		0.44		0.31			0.75			(0.02	)		–		–		(0.02	)		11.63
IB		10.84		0.42		0.31			0.73			(0.02	)		–		–		(0.02	)		11.55
For the Year Ended December 31, 2010
IA		10.58		0.45		0.34			0.79			(0.47	)		–		–		(0.47	)		10.90
IB		10.53		0.44		0.31			0.75			(0.44	)		–		–		(0.44	)		10.84
For the Year Ended December 31, 2009
IA		9.54		0.46		0.98			1.44			(0.40	)		–		–		(0.40	)		10.58
IB		9.50		0.46		0.95			1.41			(0.38	)		–		–		(0.38	)		10.53
For the Year Ended December 31, 2008
IA		11.15		0.62		(1.49	)		(0.87	)		(0.74	)		–		–		(0.74	)		9.54
IB		11.09		0.67		(1.55	)		(0.88	)		(0.71	)		–		–		(0.71	)		9.50

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Per share amounts have been calculated using the average shares method.

(F) Not annualized.

(G) Annualized.

48

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	(2.98	)%(F)	$	3,202,431		0.50	%(G)		0.50	%(G)		2.70	%(G)		49	%
	(3.10	)(F)		480,199		0.75	(G)		0.75	(G)		2.45	(G)		–
	7.54			3,572,511		0.50			0.50			3.01			88
	7.27			566,274		0.75			0.75			2.76			–
	6.99			3,718,609		0.49			0.49			3.60			107
	6.72			632,685		0.74			0.74			3.35			–
	7.51			4,026,583		0.50			0.50			3.90			188
	7.25			722,317		0.75			0.75			3.65			–
	15.01			3,902,957		0.51			0.51			4.67			215
	14.72			789,541		0.76			0.76			4.42			–
	(7.62	)		3,167,919		0.49			0.49			5.54			173
	(7.85	)		740,580		0.74			0.74			5.27			–

49

Hartford Total Return Bond HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

50

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

51

Hartford Total Return Bond HLS Fund

Directors and Officers (Unaudited) – (continued)

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

52

Hartford Total Return Bond HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year		Days in the full year
Class IA	$	1,000.00	$	970.20	$	2.44	$	1,000.00	$	1,022.32	$	2.51		0.50	%		181		365
Class IB	$	1,000.00	$	969.00	$	3.66	$	1,000.00	$	1,021.08	$	3.76		0.75	%		181		365

53

Hartford Total Return Bond HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Fixed Income Risk: The Fund is subject to interest rate risk (the risk that the value of an investment decreases when interest rates rise) and credit risk (the risk that the issuing company of a security is unable to pay interest and principal when due) and call risk (the risk that an investment may be redeemed early). These risks also apply to the Fund’s investments in U.S. government securities, which may not be guaranteed by the U.S. government.

Mortgage-Backed Securities Risk: Mortgage-backed securities are subject to interest rate risk, credit risk, prepayment risk, extension risk, and the risk that an investment’s value may be reduced or become worthless if it receives interest or income payments only after other investments in the same pool.

Foreign Investment and Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.

Derivatives Risk: Investments in derivatives can be volatile. Potential risks include currency risk, leverage risk (the risk that small market movements may result in large changes in the value of an investment), liquidity risk, index risk, pricing risk, and counterparty risk (the risk that the counterparty may be unwilling or unable to honor its obligations).

Active Trading Risk: Actively trading investments may result in higher costs (thus affecting performance).

54

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-TRB13 8-13 113555-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

HARTFORDFUNDS

HARTFORD VALUE HLS FUND 2013 Semi Annual Report  

 

A MESSAGE FROM THE PRESIDENT

Dear Fellow Shareholders:

I want to take this opportunity to say thank you for investing in the Hartford HLS Funds.

Market Review

During the first half of the year, stocks rose steadily. U.S. equities (as represented by the S&P 500 Index¹) posted a strong gain of 10.61% during the first quarter, on their way to an all-time high. During the second quarter, investors persevered through volatility surrounding rumors of the rollback of the U.S. Federal Reserve’s quantitative easing (QE) program later this year, and the S&P 500 Index rose 2.91%. That brought the market’s rise to 13.82% for the first half of 2013. The rumors about QE’s end sent bond yields and mortgage rates upward, but that wasn’t enough to dissuade investors from pushing equities into positive territory.

Because of QE, some have expressed concerns regarding the recent market rally. But a more careful examination of economic data reveals a strong foundation. Consumer balance sheets have improved since the financial crisis, with consumer debt as a percentage of income falling steadily. Housing continued its dogged recovery, fueled by population growth and pent-up demand. In fact, it’s substantive economic improvements that have moved Federal Reserve Chairman Ben Bernanke to consider removing the “training wheels” of QE, which we think should be viewed as a vote of confidence in the U.S. economy going forward.

As the U.S. outlook continues to improve, concerns do remain in the global economy. Emerging markets have lagged due to social unrest and rising inflation. Slowing growth in China is clouding global growth forecasts, but it’s important to remember that China still boasts 7.5% annual GDP growth.

It’s important to stay abreast of domestic and international economic developments while balancing your individual investment goals. Meeting with your financial advisor on a regular basis to examine your current investment strategy can help you determine whether you are on the right track:

• Is your portfolio fully diversified with an appropriate mix of stocks and bonds?

• Is your fixed-income portfolio positioned to take advantage of opportunities across the credit spectrum and fulfill your income needs?

• Is your portfolio still in line with your risk tolerance and investment time horizon?

Your financial professional can help you choose options within our fund family to navigate today’s markets with confidence.

Thank you again for investing with the Hartford HLS Funds.

James Davey

President

Hartford HLS Funds

¹ The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.

Hartford Value HLS Fund

Table of Contents

Fund Performance (Unaudited)	2
Manager Discussion (Unaudited)	3
Financial Statements
Schedule of Investments at June 30, 2013 (Unaudited)	5
Investment Valuation Hierarchy Level Summary at June 30, 2013 (Unaudited)	8
Statement of Assets and Liabilities at June 30, 2013 (Unaudited)	9
Statement of Operations for the Six-Month Period Ended June 30, 2013 (Unaudited)	10
Statement of Changes in Net Assets for the Six-Month Period Ended June 30, 2013 (Unaudited), and the Year Ended December 31, 2012	11
Notes to Financial Statements (Unaudited)	12
Financial Highlights (Unaudited)	24
Directors and Officers (Unaudited)	26
How to Obtain a Copy of the Fund’s Proxy Voting Policies and Voting Records (Unaudited)	28
Quarterly Portfolio Holdings Information (Unaudited)	28
Expense Example (Unaudited)	29
Principal Risks (Unaudited)	30

This report is prepared for the general information of contract owners and qualified retirement plan participants. It is not an offer of contracts or of qualified retirement plans. It should not be used in connection with any offer, except in conjunction with the appropriate product prospectus which contains all pertinent information including the applicable sales, administrative and other charges.

The views expressed in the Fund’s Manager Discussion under “Why did the Fund perform this way?” and “What is the outlook?” are views of the Fund’s sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. The Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.

Hartford Value HLS Fund inception 04/30/2001

(sub-advised by Wellington Management Company, LLP)

Investment objective – Seeks long-term total return.

Performance Overview   6/30/03 - 6/30/13

The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.

Average Annual Total Returns (as of 6/30/13)

	6 Month†	1 Year	5 Years	10 Years
Value IA	16.34%	25.45%	6.80%	8.69%
Value IB	16.20%	25.14%	6.53%	8.42%
Russell 1000 Value Index	15.90%	25.32%	6.67%	7.79%

† Not Annualized

PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.

Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2013, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.

Russell 1000 Value Index is an unmanaged index measuring the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies, based on total market capitalizations.

You cannot invest directly in an index.

As of the Fund’s current prospectus dated May 1, 2013, the total annual operating expense ratios for Class IA and Class IB shares were 0.76% and 1.01%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2013.

The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.

All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Principal Risks section. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.

2

Hartford Value HLS Fund

Manager Discussion

June 30, 2013 (Unaudited)

Portfolio Managers
Karen H. Grimes, CFA	W. Michael Reckmeyer, III, CFA	Ian R. Link, CFA
Senior Vice President and Equity Portfolio Manager	Senior Vice President and Equity Portfolio Manager	Director and Equity Portfolio Manager

How did the Fund perform?

The Class IA shares of the Hartford Value HLS Fund returned 16.34% for the six-month period ended June 30, 2013, outperforming the Fund’s benchmark, the Russell 1000 Value Index, which returned 15.90% for the same period. The Fund outperformed the 15.99% average return of the Variable Products-Underlying Funds 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?

U.S. equities (+13.8%), as measured by the S&P 500 Index, gained during the six-month period, reaching an all-time high in May. The rally began on the first trading day of the year after a last-minute compromise by the U.S. Congress averted the fiscal cliff. Optimism surrounding the fiscal reprieve was furthered during the first half of the period by better-than-expected corporate earnings, a robust housing market, and a gradually improving employment picture. In the second half of the period, a market rally throughout April and the first part of May paused following comments by Federal Reserve (Fed) Chairman Ben Bernanke that suggested the Fed might begin to slow quantitative easing (QE) sooner than investors anticipated. The Federal Open Market Committee’s June statement emphasized that the tapering schedule would depend on improving economic indicators. A strong housing market, positive consumer confidence trends, and a steadily healing labor market lent support to the thesis that underlying fundamentals were solid. Following an initially dramatic negative response to the Fed’s announcement and an increase in lending rates in China, U.S. markets moved higher into the end of the period.

Nine of the ten sectors within the Russell 1000 Value Index posted positive returns during the period. Information Technology (+26%), Health Care (+20%), and Financials (+19%) gained the most while Materials (-2%), Telecommunication Services (+8%), and Energy (+9%) lagged on a relative basis.

The Fund’s outperformance versus its benchmark was primarily due to strong stock selection within financials, industrials and energy. Sector allocation, a result of the bottom up stock selection process, also contributed to relative outperformance. Notably, an overweight allocation (i.e. the Fund’s position was greater than the benchmark) to the Information Technology sector and an underweight allocation to the underperforming Energy sector contributed to relative results. These contributors were partially offset by weak stock selection decisions within the Information Technology and Health Care sectors and an overweight to the Materials sector. A modest cash position in a generally rising market environment also detracted from relative returns.

Among the top contributors to benchmark-relative returns were Exxon Mobil (Energy), Intercontinental Exchange (Financials) and Unum Group (Financials). Exxon Mobil is a U.S. based oil and gas company. Shares rose modestly during the period but underperformed the broad market; our underweight position contributed to relative performance. Intercontinental Exchange, an operator of global futures exchanges, over-the-counter (OTC) markets, derivatives clearing houses, and post-trade services, saw its share price climb steadily during the period as a result of better-than-expected Q1 earnings and the announcement of the pending acquisition of NYSE Euronext, scheduled for the second half of the year. Unum Group, a benefits and disability insurer, saw its share price increase as management downplayed the need for additional provisioning against its long-term care exposure. Economic expansion, growth in its voluntary benefits market and the optionality of higher interest rates provided a solid backdrop for unit growth and improving returns in its core U.S. operations. Top absolute contributors (i.e. total return) included JPMorgan Chase (Financials), Wells Fargo (Financials) and Cisco Systems (Information Technology).

The Fund’s holdings of Barrick Gold (Materials) and Mosaic (Materials) detracted most from benchmark-relative returns during the period. The Fund’s relative performance also suffered due to our zero-weight in Berkshire Hathaway (Financials), a component of the benchmark that performed well during the period. Barrick Gold is a Canadian-based gold exploration and mining company. Shares steadily declined during the period as the spot price of gold continued to fall, which caused reduced earnings forecasts for Barrick and other mining companies. Berkshire Hathaway, a U.S. based insurance company, saw shares climb during the first half of the year. We did not own the security in the portfolio, which detracted from relative performance. Shares of Mosaic, one of the largest global fertilizer producers, underperformed amid a deteriorating demand and pricing environment for phosphates

3

Hartford Value HLS Fund

Manager Discussion – (continued)

June 30, 2013 (Unaudited)

and potash. Verizon Communications (Telecommunication Services) and Royal Dutch Shell (Energy) were among the top detractors from absolute performance.

What is the outlook?

The recent change in the Fed’s rhetoric regarding monetary policy appears to have resulted in interest rates increasing sharply. While we don’t expect that higher interest rates will disrupt our expectation of an improving domestic economy, it may present new challenges for fixed income markets with resulting risks of unintended consequences on equities. Ultimately, it is likely that the Fed’s actions derive from their view of better economic traction in the U.S., and we agree with this assessment.

We believe that the U.S. economy continues to improve, albeit at moderate growth rates. We anticipate that economic growth will increase into the second half of 2013 as the negative effects of tax reform and sequestration moderate. Consumer confidence appears to be high, supporting improvements in housing and auto-sales, and sustained growth in the oil shale industry continues to benefit the U.S. economy.

We believe that Europe remains lackluster with growth about flat. Germany and the U.K. are experiencing positive growth, but sluggishness continues in southern European economies. We are seeing some evidence of stabilization in these challenged economies and remain hopeful of better growth in 2014.

We believe that Chinese economic growth has been disappointing. The government appears focused on reducing non-bank lending and addressing over-capacity of inefficient manufacturing, with a goal of shifting to a more consumer driven economy. It is likely that this is resulting in slower growth.

In terms of portfolio positioning, the consumer discretionary sector represented our largest sector overweight at the end of the period.

The recent annual reconstitution of the Russell 1000 Value Index resulted in an increase in the benchmark’s Technology sector, with the inclusion of Apple as a notable highlight. This brought the index more in-line with our positioning, as Technology had been the largest overweight before the index rebalanced. We remained moderately overweight in the sector after the change.

Diversification by Industry

as of June 30, 2013

Industry (Sector)	Percentage of Net Assets
Automobiles and Components (Consumer Discretionary)		0.3	%
Banks (Financials)		7.4
Capital Goods (Industrials)		11.2
Consumer Durables and Apparel (Consumer Discretionary)		2.1
Diversified Financials (Financials)		11.7
Energy (Energy)		12.9
Food and Staples Retailing (Consumer Staples)		1.3
Food, Beverage and Tobacco (Consumer Staples)		3.7
Health Care Equipment and Services (Health Care)		4.5
Insurance (Financials)		7.4
Materials (Materials)		4.9
Media (Consumer Discretionary)		2.9
Pharmaceuticals, Biotechnology and Life Sciences (Health Care)		8.5
Retailing (Consumer Discretionary)		5.1
Semiconductors and Semiconductor Equipment (Information Technology)		4.0
Software and Services (Information Technology)		1.6
Technology Hardware and Equipment (Information Technology)		5.0
Telecommunication Services (Services)		2.1
Utilities (Utilities)		3.0
Short-Term Investments		0.7
Other Assets and Liabilities		(0.3	)
Total		100.0	%

4

Hartford Value HLS Fund

Schedule of Investments

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount			Market Value ╪
COMMON STOCKS - 99.6%
		Automobiles and Components - 0.3%
	68	General Motors Co. ●	$	2,276
		Banks - 7.4%
	238	BB&T Corp.		8,069
	217	PNC Financial Services Group, Inc.		15,797
	641	Wells Fargo & Co.		26,449
				50,315
		Capital Goods - 11.2%
	65	3M Co.		7,084
	65	Boeing Co.		6,638
	149	Eaton Corp. plc		9,821
	548	General Electric Co.		12,715
	98	Illinois Tool Works, Inc.		6,768
	123	Ingersoll-Rand plc		6,851
	91	PACCAR, Inc.		4,881
	246	Spirit Aerosystems Holdings, Inc. ●		5,277
	99	Stanley Black & Decker, Inc.		7,628
	89	United Technologies Corp.		8,317
				75,980
		Consumer Durables and Apparel - 2.1%
	241	Newell Rubbermaid, Inc.		6,329
	63	PVH Corp.		7,830
				14,159
		Diversified Financials - 11.7%
	89	Ameriprise Financial, Inc.		7,177
	42	BlackRock, Inc.		10,806
	265	Citigroup, Inc.		12,726
	126	Credit Suisse Group ADR		3,346
	64	Goldman Sachs Group, Inc.		9,724
	48	IntercontinentalExchange, Inc. ●		8,520
	511	JP Morgan Chase & Co.		26,949
	230	Solar Cayman Ltd. ⌂■●†		16
				79,264
		Energy - 12.9%
	84	Anadarko Petroleum Corp.		7,253
	187	Chevron Corp.		22,085
	43	EOG Resources, Inc.		5,619
	155	Exxon Mobil Corp.		13,979
	219	Halliburton Co.		9,137
	197	Marathon Oil Corp.		6,810
	91	Noble Corp.		3,411
	105	Occidental Petroleum Corp.		9,392
	70	Royal Dutch Shell plc ADR		4,639
	136	Southwestern Energy Co. ●		4,961
				87,286
		Food and Staples Retailing - 1.3%
	160	CVS Caremark Corp.		9,133
		Food, Beverage and Tobacco - 3.7%
	71	Anheuser-Busch InBev N.V.		6,420
	35	Diageo plc ADR		3,981
	46	Kraft Foods Group, Inc.		2,597
	68	PepsiCo, Inc.		5,533
	74	Philip Morris International, Inc.		6,441
				24,972
		Health Care Equipment and Services - 4.5%
	136	Baxter International, Inc.		9,452
	140	Covidien plc		8,794
	192	UnitedHealth Group, Inc.		12,594
				30,840
		Insurance - 7.4%
	141	ACE Ltd.		12,647
	182	American International Group, Inc. ●		8,116
	71	Chubb Corp.		5,987
	273	Marsh & McLennan Cos., Inc.		10,914
	148	Principal Financial Group, Inc.		5,546
	247	Unum Group		7,249
				50,459
		Materials - 4.9%
	105	Barrick Gold Corp.		1,659
	182	Dow Chemical Co.		5,856
	104	E.I. DuPont de Nemours & Co.		5,435
	146	International Paper Co.		6,490
	106	Mosaic Co.		5,729
	85	Nucor Corp.		3,662
	300	Steel Dynamics, Inc.		4,475
				33,306
		Media - 2.9%
	102	CBS Corp. Class B		4,966
	204	Comcast Corp. Class A		8,542
	193	Thomson Reuters Corp.		6,281
				19,789
		Pharmaceuticals, Biotechnology and Life Sciences - 8.5%
	76	Amgen, Inc.		7,513
	81	Johnson & Johnson		6,915
	368	Merck & Co., Inc.		17,107
	296	Pfizer, Inc.		8,279
	38	Roche Holding AG		9,551
	137	Teva Pharmaceutical Industries Ltd. ADR		5,368
	93	Zoetis, Inc.		2,877
				57,610
		Retailing - 5.1%
	19	AutoZone, Inc. ●		8,025
	3,040	Buck Holdings L.P. ⌂●†		923
	94	Home Depot, Inc.		7,285
	82	Kohl’s Corp.		4,155
	216	Lowe’s Cos., Inc.		8,847
	89	Nordstrom, Inc.		5,325
				34,560
		Semiconductors and Semiconductor Equipment - 4.0%
	155	Analog Devices, Inc.		6,963
	443	Intel Corp.		10,718
	235	Xilinx, Inc.		9,312
				26,993
		Software and Services - 1.6%
	253	Microsoft Corp.		8,738
	106	Symantec Corp.		2,375
				11,113
		Technology Hardware and Equipment - 5.0%
	902	Cisco Systems, Inc.		21,922
	523	EMC Corp.		12,356
				34,278
		Telecommunication Services - 2.1%
	217	AT&T, Inc.		7,681
	126	Verizon Communications, Inc.		6,354
				14,035

The accompanying notes are an integral part of these financial statements.

5

Hartford Value HLS Fund

Schedule of Investments – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

Shares or Principal Amount					Market Value ╪
COMMON STOCKS - 99.6% - (continued)
		Utilities - 3.0%
	120	Edison International			$	5,778
	70	Entergy Corp.				4,891
	44	NextEra Energy, Inc.				3,557
	146	Northeast Utilities				6,116
						20,342
		Total common stocks
		(cost $510,941)			$	676,710
		Total long-term investments
		(cost $510,941)			$	676,710
SHORT-TERM INVESTMENTS - 0.7%
Repurchase Agreements - 0.7%
		Bank of America Merrill Lynch TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $17, collateralized by GNMA 3.00%, 2042, value of $17)
$	17	0.13%, 6/28/2013			$	17
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $363, collateralized by FHLMC 4.00% - 5.00%, 2023 - 2025, FNMA 2.00% - 5.00%, 2022 - 2042, GNMA 2.00% - 5.00%, 2041 - 2043, value of $369)
	363	0.15%, 6/28/2013				363
		Bank of Montreal TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $705, collateralized by FHLB 0.38%, 2015, FHLMC 0.38%, 2014, FNMA 0.50% - 5.50%, 2015 - 2042, value of $718)
	705	0.12%, 6/28/2013				705
		Barclays Capital TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $489, collateralized by U.S. Treasury Note 3.13%, 2021, value of $497)
	489	0.10%, 6/28/2013				489
		Citigroup Global Markets, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,441, collateralized by U.S. Treasury Bill 0.85%, 2013, U.S. Treasury Note 0.63% - 3.25%, 2013 - 2018, value of $1,462)
	1,441	0.10%, 6/28/2013				1,441
		Deutsche Bank Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $17, collateralized by FNMA 4.50%, 2035, value of $17)
	17	0.25%, 6/28/2013				17
		RBS Securities, Inc. TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $578, collateralized by U.S. Treasury Note 1.00% - 2.63%, 2014 - 2020, value of $589)
	578	0.10%, 6/28/2013				578
		TD Securities TriParty Repurchase Agreement (maturing on 07/01/2013 in the amount of $1,019, collateralized by FHLMC 3.50% - 4.00%, 2042, FNMA 3.50% - 4.50%, 2041 - 2042, value of $1,036)
	1,019	0.12%, 6/28/2013				1,019
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2013 in the amount of $15, collateralized by U.S. Treasury Note 0.63%, 2014, value of $15)
	15	0.09%, 6/28/2013				15
						4,644
		Total short-term investments
		(cost $4,644)			$	4,644
		Total investments
		(cost $515,585) ▲	100.3	%	$	681,354
		Other assets and liabilities	(0.3	)%		(2,135	)
		Total net assets	100.0	%	$	679,219

The accompanying notes are an integral part of these financial statements.

6

Note: Percentage of investments as shown is the ratio of the total market value to total net assets.

Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange.

▲ At June 30, 2013, the cost of securities for federal income tax purposes was $521,344 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	173,707
Unrealized Depreciation		(13,697	)
Net Unrealized Appreciation	$	160,010

† These securities were valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Company’s Board of Directors.  At June 30, 2013, the aggregate value of these securities was $939, which represents 0.1% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors.

● Non-income producing.

■ 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. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2013, the aggregate value of these securities was $16, which rounds to zero percent of total net assets.

⌂ 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
06/2007		3,040	Buck Holdings L.P.	$	214
03/2007		230	Solar Cayman Ltd. - 144A		67

At June 30, 2013, the aggregate value of these securities was $939, which represents 0.1% of total net assets.

Foreign Currency Contracts Outstanding at June 30, 2013

Currency	Buy / Sell	Delivery Date	Counterparty	Contract Amount		Market Value ╪		Unrealized Appreciation/ (Depreciation)
CHF	Sell	07/01/2013	BCLY	$	70	$	70	$	–

╪ See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities.

GLOSSARY: (abbreviations used in preceding Schedule of Investments)
Counterparty Abbreviations:
BCLY	Barclays
Currency Abbreviations:
CHF	Swiss Franc
Other Abbreviations:
ADR	American Depositary Receipt
FHLB	Federal Home Loan Bank
FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
GNMA	Government National Mortgage Association

The accompanying notes are an integral part of these financial statements.

7

Hartford Value HLS Fund

Investment Valuation Hierarchy Level Summary

June 30, 2013 (Unaudited)

(000’s Omitted)

	Total		Level 1 ♦		Level 2 ♦		Level 3
Assets:
Common Stocks ‡	$	676,710	$	666,220	$	9,551	$	939
Short-Term Investments		4,644		–		4,644		–
Total	$	681,354	$	666,220	$	14,195	$	939
Foreign Currency Contracts *		–		–		–		–
Total	$	–	$	–	$	–	$	–

♦ For the six-month period ended June 30, 2013, there were no transfers between Level 1 and Level 2.

‡ The Fund has all or primarily all of the equity securities categorized in a particular level.  Refer to the Schedule of Investments for further industry breakout.

* Derivative instruments not reflected in the Schedule of Investments are valued at the unrealized appreciation/depreciation on the investments.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:

	Balance as of December 31, 2012		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Net Amortization		Purchases		Sales			Transfers Into Level 3		Transfers Out of Level 3		Balance as of June 30, 2013
Assets:
Common Stocks	$	2,190	$	1,382	$	(916	)*	$	—	$	—	$	(1,717	)	$	—	$	—	$	939
Total	$	2,190	$	1,382	$	(916	)	$	—	$	—	$	(1,717	)	$	—	$	—	$	939

* Change in unrealized appreciation (depreciation) in the current period relating to assets still held at June 30, 2013 was $(916).

The accompanying notes are an integral part of these financial statements.

8

Hartford Value HLS Fund

Statement of Assets and Liabilities

June 30, 2013 (Unaudited)

(000’s Omitted)

Assets:
Investments in securities, at market value (cost $515,585)	$	681,354
Cash		2
Unrealized appreciation on foreign currency contracts		—
Receivables:
Investment securities sold		69
Fund shares sold		131
Dividends and interest		866
Other assets		—
Total assets		682,422
Liabilities:
Payables:
Investment securities purchased		2,376
Fund shares redeemed		693
Investment management fees		81
Distribution fees		4
Accrued expenses		49
Total liabilities		3,203
Net assets	$	679,219
Summary of Net Assets:
Capital stock and paid-in-capital	$	602,566
Undistributed net investment income		6,133
Accumulated net realized loss		(95,249	)
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		165,769
Net assets	$	679,219
Shares authorized		800,000
Par value	$	0.001
Class IA: Net asset value per share	$	13.79
Shares outstanding		41,366
Net assets	$	570,618
Class IB: Net asset value per share	$	13.77
Shares outstanding		7,889
Net assets	$	108,601

The accompanying notes are an integral part of these financial statements.

9

Hartford Value HLS Fund

Statement of Operations

For the Six-Month Period Ended June 30, 2013 (Unaudited)

(000’s Omitted)

Investment Income:
Dividends	$	8,980
Interest		3
Less: Foreign tax withheld		(112	)
Total investment income, net		8,871
Expenses:
Investment management fees		2,494
Distribution fees - Class IB		135
Custodian fees		4
Accounting services fees		34
Board of Directors’ fees		9
Audit fees		8
Other expenses		56
Total expenses (before fees paid indirectly)		2,740
Commission recapture		(2	)
Total fees paid indirectly		(2	)
Total expenses, net		2,738
Net Investment Income		6,133
Net Realized Gain on Investments and Foreign Currency Transactions:
Net realized gain on investments		36,776
Net realized gain on foreign currency contracts		41
Net realized loss on other foreign currency transactions		(56	)
Net Realized Gain on Investments and Foreign Currency Transactions		36,761
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions:
Net unrealized appreciation of investments		60,199
Net unrealized appreciation of foreign currency contracts		—
Net unrealized appreciation on translation of other assets and liabilities in foreign currencies		—
Net Changes in Unrealized Appreciation of Investments and Foreign Currency Transactions		60,199
Net Gain on Investments and Foreign Currency Transactions		96,960
Net Increase in Net Assets Resulting from Operations	$	103,093

The accompanying notes are an integral part of these financial statements.

10

Hartford Value HLS Fund

Statement of Changes in Net Assets

(000’s Omitted)

	For the Six-Month Period Ended June 30, 2013 (Unaudited)			For the Year Ended December 31, 2012
Operations:
Net investment income	$	6,133		$	13,773
Net realized gain on investments and foreign currency transactions		36,761			45,302
Net unrealized appreciation of investments		60,199			51,181
Net Increase in Net Assets Resulting from Operations		103,093			110,256
Distributions to Shareholders:
From net investment income
Class IA		—			(12,440	)
Class IB		—			(2,077	)
Total distributions		—			(14,517	)
Capital Share Transactions:
Class IA
Sold		21,622			29,616
Issued on reinvestment of distributions		—			12,440
Redeemed		(87,129	)		(164,750	)
Total capital share transactions		(65,507	)		(122,694	)
Class IB
Sold		6,346			10,336
Issued on reinvestment of distributions		—			2,077
Redeemed		(17,379	)		(35,556	)
Total capital share transactions		(11,033	)		(23,143	)
Net decrease from capital share transactions		(76,540	)		(145,837	)
Net Increase (Decrease) in Net Assets		26,553			(50,098	)
Net Assets:
Beginning of period		652,666			702,764
End of period	$	679,219		$	652,666
Undistributed (distribution in excess of) net investment income	$	6,133		$	—
Shares:
Class IA
Sold		1,643			2,604
Issued on reinvestment of distributions		—			1,054
Redeemed		(6,598	)		(14,358	)
Total share activity		(4,955	)		(10,700	)
Class IB
Sold		480			906
Issued on reinvestment of distributions		—			176
Redeemed		(1,322	)		(3,113	)
Total share activity		(842	)		(2,031	)

The accompanying notes are an integral part of these financial statements.

11

Hartford Value HLS Fund

Notes to Financial Statements

June 30, 2013 (Unaudited)

(000’s Omitted)

1. Organization:

Hartford Value HLS Fund (the “Fund”) serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. The Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Fund if permitted by their plans.

Hartford Series Fund, Inc. (the “Company”) is an open-end registered management investment company comprised of thirty portfolios. Financial statements for the Fund, a series of the Company, are included in this report.

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”). The Fund is a diversified open-end management investment company.

The Fund is divided into Class IA and Class IB shares. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act.

2. Significant Accounting Policies:

The following is a summary of significant accounting policies of the Fund in the preparation of its financial statements, which are in accordance with the United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

a) Determination of Net Asset Value – The NAV of each class of the Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Fund after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day.

b) Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by the Fund's portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, the Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of the Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close that materially affect the values of the Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Fund. The value of the foreign investments in which the Fund invests 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

12

Fund may cause the NAV of its 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 investment is primarily traded. There can be no assurance that the Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV.

Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of the Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Fund.

Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.

Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by the Company’s Board of Directors.

U.S. GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of the Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

· Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants.

· Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; and short-term investments, which are valued at amortized cost.

· Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price.

The Board of Directors of the Company generally reviews and approves the “Procedures for Valuation of Portfolio Securities” on an annual basis. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative

13

Hartford Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

source is believed not to reflect the investment’s fair value as of the Valuation Date. Members of the Valuation Committee include the Fund’s Treasurer or designee, a Vice President of the Fund with legal expertise or designee, and a Vice President of the investment manager or designee. In addition, the Fund’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of the Fund’s sub-adviser, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of the Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “look-back” test). The Board of Directors then must consider for ratification all of the fair value determinations made during the previous quarter.

Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.

For additional information, refer to the Investment Valuation Hierarchy Level Summary and the Level 3 roll-forward reconciliation, if applicable, which follow the Schedule of Investments.

For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period.

c) Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost.

Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, the Fund will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis.

d) Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income, and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions.

The Fund does not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate 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.

14

e) Joint Trading Account – The Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements.

f) Fund Share Valuation and Dividend Distributions to Shareholders – Orders for the Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of the Fund’s shares is determined as of the close of business on each business day of the Exchange. The NAV is determined separately for each class of shares of the Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by the Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized capital gains and losses are allocated daily based on the relative net assets of each class of shares of the Fund.

Orders for the purchase of the Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined NAV.

Dividends are declared pursuant to a policy adopted by the Company’s Board of Directors based upon the investment performance of the Fund. The policy of the Fund is to pay dividends from net investment income and realized capital gains, if any, at least once a year.

Distributions from net investment income, net realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences may include but are not limited to losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), Regulated Investment Companies (“RICs”), certain derivatives and partnerships. 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 Federal Income Taxes: Reclassification of Capital Accounts note).

3. Securities and Other Investments:

a) Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time the Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose the Fund to counterparty risk - that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments 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, which approximates fair value. Repurchase agreements have master netting agreements which allow the Fund to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. The Fund, as shown on the Schedule of Investments, had outstanding repurchase agreements as of June 30, 2013.

b) Illiquid and Restricted Investments – The Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments 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 investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid 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 investments also may be more difficult to value due to the unavailability of reliable market quotations for such

15

Hartford Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

investments, and an investment in them may have an adverse impact on the Fund’s NAV. The Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by the Company’s Board of Directors. The Fund, as shown on the  Schedule of Investments, had illiquid and/or restricted investments as of June 30, 2013.

4. Financial Derivative Instruments:

The following disclosures contain information on how and why the Fund uses derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect the Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statement of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statement of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to or within the Schedule of Investments for purchased options, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statement of Operations.

a) Foreign Currency Contracts – The Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of the Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. The Fund will record a realized gain or loss when the foreign currency contract is settled.

Foreign currency contracts involve elements of market risk in excess of the amounts 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. The Fund had outstanding foreign currency contracts as shown on the  Schedule of Investments as of June 30, 2013.

b) Additional Derivative Instrument Information:

Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2013:

Risk Exposure Category

Interest Rate Contracts

Foreign Exchange Contracts

Credit Contracts

Equity Contracts

Commodity Contracts

Other Contracts

Total

Assets:

Unrealized appreciation on foreign currency contracts

$

—

$

—

$

—

$

—

$

—

$

—

$

—

Total

$

—

$

—

$

—

$

—

$

—

$

—

$

—

The volume of derivatives that is presented in the Schedule of Investments is consistent with the derivative activity during the six-month period ended June 30, 2013.

16

The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2013:

	Risk Exposure Category
	Interest Rate Contracts		Foreign Exchange Contracts		Credit Contracts		Equity Contracts		Commodity Contracts		Other Contracts		Total
Realized Gain on Derivatives Recognized as a Result of Operations:
Net realized gain on foreign currency contracts	$	—	$	41	$	—	$	—	$	—	$	—	$	41
Total	$	—	$	41	$	—	$	—	$	—	$	—	$	41
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations:
Net change in unrealized appreciation of foreign currency contracts	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total	$	—	$	—	$	—	$	—	$	—	$	—	$	—

c) Balance Sheet Offsetting Information:

Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting agreement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties, and the Fund’s custodian. The master netting agreements allow the clearing brokers to net any collateral held in or on behalf of the Fund, or liabilities or payment obligations of the clearing brokers to the Fund, against any liabilities or payment obligations of the Fund to the clearing brokers. The Fund is required to deposit financial collateral (including cash collateral) at the Fund’s custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty.

Offsetting of Financial Assets and Derivative Assets as of June 30, 2013:

Description	Gross Amounts of Recognized Assets		Gross Amounts Offset in Statement of Assets and Liabilities		Net Amounts of Assets Presented in Statement of Assets and Liabilities		Financial Instruments with Allowable Netting		Collateral Received			Net Amount (not less than 0)
Repurchase Agreements	$	4,644	$	—	$	4,644	$	—	$	(4,720	)	$	—
Unrealized appreciation on foreign currency contracts		—		—		—		—		—			—
Total subject to a master netting or similar arrangement	$	4,644	$	—	$	4,644	$	—	$	(4,720	)	$	—

5. Principal Risks:

a) Counterparty Risk – The Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default.

b) Market Risks – If the Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns of the Fund. The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related

17

Hartford Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.

6. Federal Income Taxes:

a) Federal Income Taxes – For federal income tax purposes, the Fund intends to continue to qualify as a RIC 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 the IRC. The Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains prior to the next fiscal year-end. 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 distributions for federal income tax purposes.

b) Net Investment Income (Loss), Net Realized Gains (Losses), and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Fund.

c) Distributions and Components of Distributable Earnings – The tax character of distributions paid by the Fund for the periods indicated is as follows (as adjusted for dividends payable, if applicable):

	For the Year Ended December 31, 2012		For the Year Ended December 31, 2011
Ordinary Income	$	14,517	$	12,398

As of December 31, 2012, the Fund’s components of distributable earnings (deficit) on a tax basis were as follows:

	Amount
Accumulated Capital and Other Losses*	$	(126,251	)
Unrealized Appreciation†		99,811
Total Accumulated Deficit	$	(26,440	)

* The Fund has capital loss carryforwards that are identified in the Capital Loss Carryforward note that follows.

† Differences between book-basis and tax-basis unrealized appreciation (depreciation) may be attributable to the losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to PFICs, REITs, RICs, certain derivatives and partnerships.

18

d) Reclassification of Capital Accounts – The Fund may record reclassifications in its capital accounts. These reclassifications have no impact on the total net assets of the Fund. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. 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 undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2012, the Fund recorded reclassifications to increase (decrease) the accounts listed below:

	Amount
Undistributed Net Investment Income	$	(52	)
Accumulated Net Realized Gain (Loss)		56
Capital Stock and Paid-in-Capital		(4	)

e) Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation.

At December 31, 2012 (tax-year-end), the Fund had capital loss carryforwards for U.S. federal income tax purposes as follows:

Year of Expiration	Amount
2016	$	82,242
2017		44,009
Total	$	126,251

As a result of current or past mergers in the Fund, certain provisions in the Internal Revenue Code may limit the future utilization of capital losses.  During the year ended December 31, 2012, the Fund utilized $43,923 of prior year capital loss carryforwards.

f) Accounting for Uncertainty in Income Taxes – The Fund has adopted financial reporting rules that require the Fund to analyze all open tax years, as defined by the statute of limitations, for all major jurisdictions. Generally, tax authorities can examine all tax returns filed for the last three years. The Fund does not have an examination in progress.

The Fund has reviewed all open tax years and major jurisdictions and concluded that these financial reporting rules had no effect on the Fund’s financial position or results of operations. There is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken on the tax return for the fiscal year ended December 31, 2012. The Fund is also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.

7. Expenses:

a) Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”), an indirect wholly owned subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), serves as investment manager to the Fund pursuant to an Investment Management Agreement with the Company. The investment manager has overall investment supervisory responsibility for the Fund. In addition, the investment manager provides administrative

19

Hartford Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

personnel, services, equipment, facilities and office space for proper operation of the Fund. The investment manager has contracted with Wellington Management Company, LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to the Fund in accordance with the Fund’s investment objective and policies. The Fund pays a fee to the investment manager, a portion of which may be used to compensate Wellington Management.

The schedule below reflects the rates of compensation paid to HFMC for investment management services rendered as of June 30, 2013; the rates are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
On first $250 million		0.7750	%
On next $250 million		0.7250	%
On next $500 million		0.6750	%
On next $1.5 billion		0.6250	%
On next $2.5 billion		0.6200	%
On next $5 billion		0.6150	%
Over $10 billion		0.6100	%

b) Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and the Company, on behalf of the Fund, HFMC provides accounting services to the Fund and receives monthly compensation based on the Fund’s average daily net assets at the rates set forth below. The Fund’s accounting services fees are accrued daily and paid monthly.

Average Daily Net Assets	Annual Fee
All Assets		0.010	%

c) Operating Expenses – Allocable expenses incurred by the Company are allocated to each Fund and allocated to classes within a Fund in proportion to the average daily net assets of the Fund and each class, except where allocation of certain expenses is more fairly made directly to the Fund or to specific classes within a Fund.

d) Fees Paid Indirectly – The Company, on behalf of the Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, 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 banks have agreed to reduce its fees when the Fund maintains cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2013, these amounts, if any, are included in the Statement 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. The annualized expense ratio for the period listed below reflecting the reduction for fees paid indirectly is as follows:

	Annualized Six- Month Period Ended June 30, 2013
Class IA		0.76	%
Class IB		1.01

e) Distribution Plan for Class IB shares – The Company, on behalf of the Fund, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act to compensate the distributor, Hartford Funds Distributors, LLC (“HFD”), (formerly known as Hartford Investment Financial Services, LLC), an indirect wholly owned subsidiary of The Hartford, from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily

20

intended to result in the sale of the Class IB shares, subject to the review and approval of the Company’s Board of Directors.

The Distribution Plan provides that the Fund may pay annually up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. The Board has the authority to suspend or reduce these payments at any point in time. Under the terms of the Distribution Plan and the principal underwriting agreement, the Fund is authorized to make payments monthly to the distributor that may be used to pay or compensate entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. These fees are accrued daily and paid monthly.

f) Other Related Party Transactions – Certain officers of the Fund are directors and/or officers of the investment manager and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2013, a portion of the Fund’s Chief Compliance Officer’s salary was paid by all the investment companies in the Hartford fund complex. The portion allocated to the Fund rounds to zero. These fees are accrued daily and paid monthly.

g) Payment from Affiliate – In July of 2007, The Hartford entered into a settlement with the Attorneys General of the states of New York, Connecticut and Illinois relating to market timing and the company's individual variable annuity contracts in which certain payments would be made directly to the variable annuity contract holders. The distribution plan provided that unclaimed money from the settlement would be distributed to certain HLS Funds that are investment options through a Hartford individual variable annuity contract. The unclaimed money was distributed to the Fund on September 18, 2009.

The total return in the accompanying financial highlights includes a payment from an affiliate. Had the payment from the affiliate been excluded, the impact and total return for the period listed below would have been as follows:

	For the Year Ended December 31, 2009
	Class IA			Class IB
Impact from Payment from Affiliate for Attorneys General Settlement		—	%		—	%
Total Return Excluding Payment from Affiliate		24.37	%		24.05	%

8. Investment Transactions:

For the six-month period ended June 30, 2013, the Fund's aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Amount
Cost of Purchases Excluding U.S. Government Obligations	$	69,424
Sales Proceeds Excluding U.S. Government Obligations		141,710

9. Line of Credit:

The Fund is one of several Hartford funds that participate in a $500 million 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. This commitment fee is allocated to all of the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2013, the Fund did not have any borrowings under this facility.

21

Hartford Value HLS Fund

Notes to Financial Statements – (continued)

June 30, 2013 (Unaudited)

(000’s Omitted)

10. Industry Classifications:

Other than the industry classifications “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.

11. Indemnifications:

Under the Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. 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, as of the date of these financial statements, the Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

12. Pending Legal Proceedings:

On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”)(now known as Hartford Funds Distributors, LLC) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. HIFSCO disputes the allegations and intends to defend vigorously.

This action concerns the activities of HIFSCO in its capacity as investment manager and principal underwriter to the Hartford retail mutual funds and does not concern HIFSCO’s activities in its capacity as principal underwriter to the HLS funds. For this reason, no accrual for litigation relating to this matter has been recorded in the financial statements of the Fund.

22

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23

Hartford Value HLS Fund

Financial Highlights

- Selected Per-Share Data (A) -

Class	Net Asset Value at Beginning of Period		Net Investment Income (Loss)		Net Realized and Unrealized Gain (Loss) on Investments			Total from Investment Operations			Dividends from Net Investment Income			Distributions from Realized Capital Gains			Distributions from Capital		Total Distributions			Net Asset Value at End of Period
For the Six-Month Period Ended June 30, 2013 (Unaudited)
IA	$	11.86	$	0.13	$	1.80		$	1.93		$	–		$	–		$	–	$	–		$	13.79
IB		11.85		0.11		1.81			1.92			–			–			–		–			13.77
For the Year Ended December 31, 2012
IA		10.37		0.26		1.50			1.76			(0.27	)		–			–		(0.27	)		11.86
IB		10.36		0.23		1.50			1.73			(0.24	)		–			–		(0.24	)		11.85
For the Year Ended December 31, 2011
IA		10.77		0.20		(0.41	)		(0.21	)		(0.19	)		–			–		(0.19	)		10.37
IB		10.76		0.17		(0.41	)		(0.24	)		(0.16	)		–			–		(0.16	)		10.36
For the Year Ended December 31, 2010 (G)
IA		9.50		0.13		1.26			1.39			(0.12	)		–			–		(0.12	)		10.77
IB		9.50		0.11		1.25			1.36			(0.10	)		–			–		(0.10	)		10.76
For the Year Ended December 31, 2009
IA		7.77		0.14		1.75			1.89			(0.16	)		–			–		(0.16	)		9.50
IB		7.77		0.13		1.74			1.87			(0.14	)		–			–		(0.14	)		9.50
For the Year Ended December 31, 2008
IA		12.83		0.20		(4.36	)		(4.16	)		(0.20	)		(0.70	)		–		(0.90	)		7.77
IB		12.81		0.20		(4.37	)		(4.17	)		(0.17	)		(0.70	)		–		(0.87	)		7.77

(A) Information presented relates to a share outstanding throughout the indicated period.

(B) The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level.  Any such additional sales charges or other fees would lower the Fund's performance.

(C) Ratios do not reflect reductions for fees paid indirectly.  Please see Fees Paid Indirectly in the Notes to Financial Statements.

(D) Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.

(E) Not annualized.

(F) Annualized.

(G) Per share amounts have been calculated using the average shares method.

(H) During the year ended December 31, 2010, the Fund incurred $269.8 million in sales associated with the transition of assets from Hartford Equity Income HLS Fund and Hartford Value Opportunities HLS Fund, which merged into the Fund on March 19, 2010.  These sales were excluded from the portfolio turnover calculation.

(I) Total return without the inclusion of the Payment from (to) Affiliate can be found in Expenses in the accompanying Notes to Financial Statements.

24

- Ratios and Supplemental Data -

Total Return(B)			Net Assets at End of Period		Ratio of Expenses to Average Net Assets Before Waivers(C)			Ratio of Expenses to Average Net Assets After Waivers(C)			Ratio of Net Investment Income (Loss) to Average Net Assets			Portfolio Turnover Rate(D)
	16.34	%(E)	$	570,618		0.76	%(F)		0.76	%(F)		1.83	%(F)		10	%
	16.20	(E)		108,601		1.01	(F)		1.01	(F)		1.58	(F)		–
	16.99			549,228		0.76			0.76			2.02			22
	16.69			103,438		1.01			1.01			1.77			–
	(1.96	)		591,278		0.75			0.75			1.65			16
	(2.20	)		111,486		1.00			1.00			1.40			–
	14.67			741,230		0.78			0.78			1.36			47	(H)
	14.38			154,731		1.03			1.03			1.11			–
	24.37	(I)		244,909		0.87			0.87			1.65			50
	24.06	(I)		63,003		1.12			1.12			1.40			–
	(34.03	)		217,460		0.84			0.84			1.87			57
	(34.20	)		63,338		1.09			1.09			1.62			–

25

Hartford Value HLS Fund

Directors and Officers (Unaudited)

The Board of Directors of the Company 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 1940 Act. Each officer and two of the Company’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., Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., and as a trustee for The Hartford Alternative Strategies Fund, which, as of June 30, 2013, collectively consist of 90 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 Mr. Annoni, Mr. Dressen, Ms. Fagely and Ms. Quade may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125 and correspondence to Mr. Davey and Mr. Melcher may be sent to 5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087.

The table below sets forth, for each director and officer, his or her name, year of birth, current position with the Company and date first elected or appointed to Hartford Series Fund, Inc. (“HSF”), and Hartford HLS Series Fund II, Inc. (“HSF2”), 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 1-800-862-6668 or writing to Hartford HLS Funds, c/o Hartford Life Insurance Company, Hartford Life and Annuity Insurance Company, P.O. Box 14293, Lexington, KY 40512-4293.

Information on the aggregate remuneration paid to the directors of the Company can be found in the Statement of Operations herein. The Fund pays to The Hartford a portion of the Chief Compliance Officer’s compensation, but does not pay salaries or compensation to any of their other officers or directors who are employed by The Hartford.

Non-Interested Directors

Lynn S. Birdsong (1946) Director since 2003, Co-Chairman of the Investment Committee

Mr. Birdsong is a private investor. Mr. Birdsong currently serves as a Director of the Sovereign High Yield Investment Company (April 2010 to current). Mr. Birdsong currently serves as an Independent Director of Nomura Partners Funds, Inc. (formerly, The Japan Fund) (March 2003 to current). 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. Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm.

Robert M. Gavin, Jr. (1940) Director since 2002 (HSF) and 1986 (HSF2), 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 (1945) Director since 2001 (HSF) and 2002 (HSF2), Chairman of the Nominating Committee

Mr. Hill is 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 served as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (1941) Director since 2005

Ms. Jaffee is the founder and Chief Executive Officer of a private company, Homeworks Concierge, LLC, which provides residential property management services in Westchester County, New York (January 2012 to present). Ms. Jaffee served as Chairman (2008 to 2009) and Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions from August 2005 to August 2009. Ms. Jaffee currently serves as a member of the Board of Directors of Broadridge Financial Solutions as well as a Trustee of Muhlenberg College.

William P. Johnston (1944) 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. and served as a director (July 2006 to August 2010). In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity and alternative asset 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.

Phillip O. Peterson (1944) Director since 2002 (HSF) and 2000 (HSF2), 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. Mr. Peterson also joined the Board of Trustees of Symetra Variable Mutual Funds Trust as a trustee in February 2012.

26

Lemma W. Senbet (1946) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance and Director, Center for Financial Policy, at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department from 1998 to 2006. Previously he was a chaired professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000 to 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

James E. Davey (1964) Director since 2012, President and Chief Executive Officer since 2010

Mr. Davey serves as Executive Vice President of Hartford Life Insurance Company (“HLIC”) and The Hartford Financial Services Group, Inc. Additionally, Mr. Davey serves as Chairman of the Board and Manager of Hartford Funds Distributors, LLC (“HFD”) and Hartford Administrative Services Company (“HASCO”). Mr. Davey also serves as Manager, President and Chairman of the Board for Hartford Funds Management Company, LLC (“HFMC”). Mr. Davey joined The Hartford in 2002.

Lowndes A. Smith (1939) Director since 1996 (HSF) and 2002 (HSF2), Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002. Mr. Smith serves as a Director of White Mountains Insurance Group, Ltd., One Beacon Insurance and Symetra Financial and as Managing Director of Whittington Gray Associates.

Other Officers

Mark A. Annoni (1964) Vice President, Controller and Treasurer since 2012

Mr. Annoni serves as the Assistant Vice President of HLIC (February 2004 to present). Mr. Annoni joined The Hartford in April 2001 as part of The Hartford’s acquisition of Fortis Financial Group (“Fortis”). Prior to joining The Hartford, Mr. Annoni served as Manager of Mutual Fund Accounting at Fortis (July 1997 to April 2001).

Michael R. Dressen (1963) AML Compliance Officer since 2011

Mr. Dressen currently serves as Assistant Vice President of HLIC. He also serves as Chief Compliance Officer and AML Compliance Officer of HASCO and as AML Officer of HFD. Mr. Dressen joined The Hartford in 2005 from State Farm Insurance Companies where he held various positions related to mutual funds, variable products, and property casualty insurance.

Tamara L. Fagely (1958) Vice President since 2002 (HSF) and 1993 (HSF2)

Currently, Ms. Fagely is President and a Director of HASCO, Chief Administrative Officer and Manager of HFMC and a Vice President of HLIC. Ms. Fagely served as a Vice President of HASCO (1998-2013) and Chief Financial Officer of HASCO (2006-2013). She served as Assistant Vice President of HLIC from December 2001 through March 2005. In addition, Ms. Fagely is Manager and Chief Operating Officer of HFD.

Edward P. Macdonald (1967) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Vice President of HLIC and Vice President, Chief Legal Officer and Secretary of HFD and HASCO. Mr. Macdonald also serves as Manager, Vice President, Chief Legal Officer and Secretary of HFMC. Mr. Macdonald joined The Hartford in 2005.

Joseph G. Melcher(1973) Vice President and Chief Compliance Officer since 2013⁽¹⁾

Mr. Melcher currently serves as Vice President of HFMC and HFD. Mr. Melcher joined The Hartford in 2012 from Touchstone Investments, a member of the Western & Southern Financial Group, where he held the position of Vice President and Chief Compliance Officer from 2010 through 2012 and Assistant Vice President, Compliance from 2005 to 2010.

⁽¹⁾ Mr. Melcher was named Vice President and Chief Compliance Officer of HSF and HSF2 on February 6, 2013. Prior to February 6, 2013, Colleen Pernerewski served as Chief Compliance Officer of HSF and HSF2.

Vernon J. Meyer (1964) Vice President since 2006

Mr. Meyer serves as Senior Vice President of HLIC. He also serves as Senior Vice President of HFMC and HFD. Mr. Meyer joined The Hartford in 2004.

27

Hartford Value HLS Fund

Directors and Officers (Unaudited) – (continued)

Laura S. Quade (1969) Vice President since 2012

Ms. Quade currently serves as Vice President of HASCO and is a Director of Mutual Fund Service Operations. She also serves as Director, Enterprise Operations of HFD and HLIC. Ms. Quade joined The Hartford in 2001 as part of The Hartford’s acquisition of Fortis.

Elizabeth L. Schroeder (1966) Vice President since 2010⁽²⁾

Ms. Schroeder currently serves as Assistant Vice President of HLIC. Ms. Schroeder joined HLIC in 1991. She is also an Assistant Vice President of HFMC and HASCO.

⁽²⁾ Ms. Schroeder served as Vice President of HSF and HSF2 until August 7, 2013.

Martin Swanson (1962) Vice President since 2010

Mr. Swanson is a Vice President of HLIC. Mr. Swanson also serves as Chief Marketing Officer for HFD. Prior to joining HLIC in 1998, Mr. Swanson was a Vice President at PaineWebber, Inc.

HOW TO OBTAIN A COPY OF THE FUND’S PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities and information about how the Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)

The Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms are available (1) without charge, upon request, by calling 800-862-6668 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.

28

Hartford Value HLS Fund

Expense Example (Unaudited)

Your Fund's Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs including investment management fees, distribution fees, if any, 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 December 31, 2012 through June 30, 2013.

Actual Expenses

The first set of columns 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 set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund's annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
	Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Beginning Account Value December 31, 2012		Ending Account Value June 30, 2013		Expenses paid during the period December 31, 2012 through June 30, 2013		Annualized expense ratio			Days in the current 1/2 year	Days in the full year
Class IA	$	1,000.00	$	1,163.40	$	4.08	$	1,000.00	$	1,021.03	$	3.81		0.76	%	181	365
Class IB	$	1,000.00	$	1,162.00	$	5.41	$	1,000.00	$	1,019.79	$	5.06		1.01	%	181	365

29

Hartford Value HLS Fund

Principal Risks (Unaudited)

The principal risks of investing in the Fund are described below.

Market, Selection, and Strategy Risk: The Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, the Fund could underperform its peers or lose money. There is no guarantee the Fund will achieve its stated objective.

Value Investing Risk: Value investments are considered to be undervalued, but they may never attain their potential value. Value-style investing falls in and out of favor, which may result in periods of underperformance.

Foreign Investment Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets.

30

HARTFORD HLS FUNDS

c/o The Hartford Wealth Management - Global Annuities
P.O. Box 14293

Lexington, KY 40512-4293

HARTFORDFUNDS

hartfordfunds.com

Hartford Series Fund, Inc. is underwritten and distributed by Hartford Funds Distributors, LLC.

Hartford Series Fund, Inc. inception dates range from 1977 to date. Hartford Series Fund, Inc. is not a subsidiary of The Hartford Financial Services Group, Inc. ("The Hartford") but is underwritten, distributed by and advised by subsidiaries of The Hartford. Investments in Hartford Series Fund, Inc. are not guaranteed by The Hartford or any other entity.

You should carefully consider investment objectives, risks, and charges and expenses of Hartford HLS Funds before investing. This and other information can be found in the Fund’s prospectus or summary prospectus, which can be obtained by calling 800-862-6668. Please read them carefully before you invest or send money.

HLSSAR-V13 8-13 113557-1 Printed in U.S.A ©2013 The Hartford, Hartford, CT 06115

Item 2. Code of Ethics.

Not applicable to this semi-annual filing.

Item 3. Audit Committee Financial Expert.

Not applicable to this semi-annual filing.

Item 4. Principal Accountant Fees and Services.

Not applicable to this semi-annual filing.

Item 5. Audit Committee of Listed Registrants.

Not applicable to this semi-annual filing.

Item 6. Investments.

(a) The Schedule of Investments is included as part of the semi-annual report filed under Item 1 of this form.

(b) Not applicable.

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) The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).

(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s second fiscal quarter of the period covered by this report that have materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Exhibits.

(a)(1)	Not applicable.
(a)(2)	Section 302 certifications of the principal executive officer and principal financial officer of Registrant.
(a)(3)	Not applicable.
(b)	Section 906 certification.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	HARTFORD SERIES FUND, INC.
Date: August 13, 2013	By:	/s/ James E. Davey
		James E. Davey President

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Date: August 13, 2013	By:	/s/ James E. Davey
		James E. Davey President

Date: August 13, 2013	By:	/s/ Mark A. Annoni
		Mark A. Annoni Vice President, Controller and Treasurer