- Sector
- Financial Services
- Industry
- Asset Management
- Address
- HARTFORD MUTUAL FUNDS INC/CT MD United States of America
- IPO Date
- Nov 10, 2014
- Business
- The Hartford MidCap Fund Class R6 (HFMVX) is an open-end mutual fund that seeks long-term growth of capital by investing at least 80% of its assets in common stocks of mid-capitalization companies, defined as those with market capitalizations within the collective range of the Russell Midcap and S&P MidCap 400 Indices; it focuses on high-quality mid-cap growth stocks, primarily U.S. equities with limited foreign exposure (approximately 5-6%), across sectors such as information technology (around 28%), industrials (22%), consumer discretionary (18%), healthcare, and financial services; the portfolio typically holds 67-77 securities with a turnover rate of 51%, top holdings including Cloudflare Inc., Monolithic Power Systems Inc., Axon Enterprise Inc., Veeva Systems Inc., and Interactive Brokers Group Inc.; it is sub-advised by Wellington Management Company LLP, which emphasizes independent thought and collaboration in security selection.
Headquartered in Wayne, Pennsylvania, and managed under Hartford Funds (part of The Hartford Financial Services Group, Inc., founded in 1810 in Hartford, Connecticut), the fund's Class R6 shares (HFMVX) were launched on November 7, 2014, with total net assets of approximately $4.1-4.6 billion, a net expense ratio of 0.76%, and availability primarily to U.S. institutional investors with a minimum initial investment of $100,000.
Recent developments include the addition of co-portfolio manager Timothy Egan on June 20, 2024, alongside long-standing manager Mark Whitaker (since March 2010), enhancing the management team's depth; Hartford Funds, the fund sponsor, continues its strategic sub-advisory partnership with Wellington Management, highlighted by collaborative product launches such as the Hartford Dynamic Bond ETF (DYNB) in 2025 and the Hartford Equity Premium Income ETF (HEMI) on December 17, 2025, underscoring expanded active fixed income and options overlay capabilities; in Q4 2024, the fund outperformed the S&P MidCap 400 Index amid U.S. equity gains.