- Business
- Hartford International Equity Fund Class Y (HDVYX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 65% of its net assets in foreign equity securities of companies located outside the United States and at least 80% of its net assets in equity securities; the fund employs a core international equity approach that blends value and growth styles with high-conviction stock selection within a balanced risk-management framework, primarily holding large-cap blend equities across sectors such as financials, technology, industrials, and consumer cyclical, with key holdings including Taiwan Semiconductor Manufacturing Co. Ltd., Tencent Holdings Ltd., ASML Holding NV, SAP SE, and Schneider Electric SE. The fund maintains approximately 95-98% exposure to equities with 94-96% in foreign equities, diversified across regions including Japan (14%), the United Kingdom (11%), China (9-10%), France (9%), Taiwan (7%), Germany (6%), and others; it features around 437-455 holdings, a median market cap of $13.8 billion, portfolio turnover of 32-45%, and is benchmarked against the MSCI ACWI ex USA Index. Sub-advised by Wellington Management Company LLP since inception, with lead portfolio manager Thomas S. Simon (24 years of experience) since 2015, the fund is managed by Hartford Funds Management Company, LLC, a subsidiary of The Hartford Financial Services Group, Inc., headquartered in Wayne, Pennsylvania, and launched on June 30, 2008.
Recent developments include Hartford Funds' launch of its first options overlay strategy, the Hartford Equity Premium Income ETF (HEMI), on December 17, 2025, sub-advised by Wellington Management to generate income through U.S. equities and S&P 500 call options; expansion of its active fixed income ETF suite with the Hartford Dynamic Bond ETF (DYNB) leveraging Wellington's expertise; and ongoing growth in active ETFs, which saw nearly $1 billion in net inflows in 2024 across fixed income categories sub-advised by Wellington and Schroders. In leadership changes, Greg Frost assumed the role of President effective January 1, 2025, following Jim Davey's retirement after overseeing significant AUM growth, product diversification including the 2016 Lattice Strategies acquisition and Schroders partnership; the firm also expanded its sales leadership in April 2025 with promotions and new teams for RIAs and business development. These initiatives reflect Hartford Funds' strategic focus on innovative ETFs, deepened sub-advisory partnerships with Wellington Management and Schroders, and enhanced distribution capabilities amid approximately $152.3 billion in AUM as of September 30, 2025.