Hartford Balanced Income F (HBLFX) N-CSR Certified annual shareholder report (management investment company)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES

Investment Company Act file number: 811-07589

THE HARTFORD MUTUAL FUNDS, INC.

(Exact name of registrant as specified in charter)

P. O. Box 2999, Hartford, Connecticut 06104-2999
(Address of Principal Executive Offices)

Edward P. Macdonald, Esquire
Life Law Unit
The Hartford Financial Services Group, Inc.
200 Hopmeadow Street
Simsbury, Connecticut 06089
(Name and Address of Agent for Service)

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

Date of fiscal year end: October 31, 2007

Date of reporting period: November 1, 2006 — October 31, 2007

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

TABLE OF CONTENTS

	Item 1. Reports to Stockholders
	Item 2. Code of Ethics
	Item 3. Audit Committee Financial Expert
	Item 4. Principal Accountant Fees and Services
	Item 5. Audit Committee of Listed Registrants
	Item 6. Schedule of Investments
	Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
	Item 8. Portfolio Managers of Closed-End Management Investment Companies
	Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
	Item 10. Submission of Matters to a Vote of Security Holders
	Item 11. Controls and Procedures
	Item 12. Exhibits
SIGNATURES
EXHIBIT LIST
EX-99.12(A)(1) CODE OF ETHICS
EX-99.12(A)(2) AUDIT COMMITTEE PRE-APPROVAL POLICIES AND PROCEDURES
EX-99.CERT 302 CERTIFICATION
EX-99.906CERT 906 CERTIFICATION

Item 1. Reports to Stockholders.

Annual Report
October 31, 2007

• Manager Discussions

• Financials

Please note that the responses to the questions: How did the Fund perform? and Why did the Fund perform this way?, represent the views of the portfolio manager(s) of the applicable fund.

The Hartford Mutual Funds, Inc.

The Hartford Mutual Funds II, Inc.

Table of Contents

Manager Discussions (Unaudited)
The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. Financial Statements
Schedule of Investments at October 31, 2007
The Hartford Advisers Fund	107
The Hartford Balanced Allocation Fund	113
The Hartford Balanced Income Fund	114
The Hartford Capital Appreciation Fund	123
The Hartford Capital Appreciation II Fund	126
The Hartford Checks and Balances Fund	131
The Hartford Conservative Allocation Fund	132
The Hartford Disciplined Equity Fund	133
The Hartford Dividend and Growth Fund	135
The Hartford Equity Growth Allocation Fund (formerly The Hartford Aggressive Growth Allocation Fund)	137
The Hartford Equity Income Fund	138
The Hartford Floating Rate Fund	140
The Hartford Fundamental Growth Fund (formerly The Hartford Focus Fund)	150
The Hartford Global Communications Fund	152
The Hartford Global Financial Services Fund	154
The Hartford Global Growth Fund (formerly The Hartford Global Leaders Fund)	156
The Hartford Global Health Fund	158
The Hartford Global Technology Fund	161
The Hartford Growth Allocation Fund	163
The Hartford Growth Fund	164
The Hartford Growth Opportunities Fund	166
The Hartford High Yield Fund	168
The Hartford High Yield Municipal Bond Fund	174
The Hartford Income Allocation Fund	177
The Hartford Income Fund	178
The Hartford Inflation Plus Fund	187
The Hartford International Growth Fund (formerly The Hartford International Capital Appreciation Fund)	189
The Hartford International Opportunities Fund	191
The Hartford International Small Company Fund	194
The Hartford LargeCap Growth Fund	197
The Hartford MidCap Fund	199
The Hartford MidCap Growth Fund	201
The Hartford MidCap Value Fund	203
The Hartford Money Market Fund	205
The Hartford Retirement Income Fund	207
The Hartford Select MidCap Growth Fund	208
The Hartford Select MidCap Value Fund	211
The Hartford Select SmallCap Value Fund	214
The Hartford Short Duration Fund	219
The Hartford Small Company Fund	223
The Hartford SmallCap Growth Fund	228
The Hartford Stock Fund	233
The Hartford Strategic Income Fund	236
The Hartford Target Retirement 2010 Fund	243
The Hartford Target Retirement 2020 Fund	244
The Hartford Target Retirement 2030 Fund	245
The Hartford Tax-Free California Fund	246
The Hartford Tax-Free Minnesota Fund	250
The Hartford Tax-Free National Fund	252
The Hartford Tax-Free New York Fund	258
The Hartford Total Return Bond Fund	260
The Hartford U.S. Government Securities Fund	270
The Hartford Value Fund	272
The Hartford Value Opportunities Fund	274
Statements of Assets and Liabilities at October 31, 2007	276
Statements of Operations for the Year Ended October 31, 2007	286
Statements of Changes in Net Assets for the Years Ended October 31, 2007 and October 31, 2006	296
Notes to Financial Statements	314
Financial Highlights	360
Report of Independent Registered Public Accounting Firm	384
Directors and Officers (Unaudited)	385
How to Obtain a Copy of the Funds’ Proxy Voting Policies and Proxy Voting Records (Unaudited)	386
Federal Tax Information Notice (Unaudited)	387
Expense Example (Unaudited)	392
Shareholder Meeting Results (Unaudited)	400
Approval of Investment Management and Investment Sub-Advisory Agreements (Unaudited)	401
Privacy Policy

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

Performance Overview(1) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Lehman Brothers Government/Credit Bond Index is a broad based unmanaged, market value-weighted index of all debt obligations of the U.S. Treasury and U.S. Government agencies (excluding mortgage-backed securities) and of all publicly issued fixed-rate, nonconvertible, investment grade domestic corporate debt.

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

You cannot invest directly in an index.

Investment objective – Seeks maximum long-term total return.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Advisers A#		7/22/96		13.23	%		9.78	%		6.34	%		8.24	%
Advisers A##		7/22/96		7.00	%		8.54	%		5.74	%		7.70	%
Advisers B#		7/22/96		12.32	%		8.96	%	NA		*	NA		*
Advisers B##		7/22/96		7.32	%		8.67	%	NA		*	NA		*
Advisers C#		7/22/96		12.44	%		9.05	%		5.61	%		7.50	%
Advisers C##		7/22/96		11.44	%		9.05	%		5.61	%		7.50	%
Advisers R3#		7/22/96		13.03	%		10.12	%		6.76	%		8.68	%
Advisers R4#		7/22/96		13.30	%		10.17	%		6.79	%		8.71	%
Advisers R5#		7/22/96		13.59	%		10.23	%		6.81	%		8.73	%
Advisers Y#		7/22/96		13.73	%		10.26	%		6.83	%		8.74	%

#	Without sales charge
##	With sales charge NA Not Applicable
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Advisers Fund returned 13.23%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 14.58% for the S&P 500 Index and 5.37% for the Lehman Brothers Government/Credit Bond Index. The Fund underperformed the 13.90% return of the average fund in the Lipper Mixed-Asset Target Allocation Growth Funds peer group, a group of funds that hold between 60%-80% in equity securities and the remainder in bonds, cash, and cash equivalents.

Why did the Fund perform this way?

Financial markets posted robust returns for the period. As measured by the S&P 500 Index, equity markets were up 14.6% while the bond market, as measured by the Lehman Brothers Government/Credit Bond Index, increased 5.4%. 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 of the Fund outperformed its respective benchmark while the fixed portion lagged its benchmark slightly. Allocation contributed positively to the Fund’s performance as the Fund’s consistent overweight (i.e. the Fund’s sector position was greater than the benchmark position) to equities in a strong equity market boosted returns.

The equity portion of the Fund outperformed its equity benchmark during the period primarily due to stock selection. Positive stock selection within the Information Technology, Materials and Consumer

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Staples sectors contributed most while weak stock selection within the Consumer Discretionary and Telecommunication Services sectors detracted from relative (i.e. performance of the Fund as measured against the benchmark) returns.

Stocks that contributed the most to relative returns included Google (Information Technology), Elan (Health Care), and Apple (Information Technology). Shares of internet search company Google rallied during the latter part of the period on continued share gains and expectations that it will increase its presence in the social networking arena. Shares of Dublin-based biotechnology company Elan gained on investor optimism for its promising drug for treating Alzheimer’s disease. Also, trends continue to improve for its existing multiple sclerosis drug Tysabri. Consumer electronics company Apple reported sharply higher profits due to strong sales of Macintosh computers and iPod products. The shares also benefited from enthusiasm over the recent launch of the iPhone. We reduced our holdings in Apple following strong recent gains, but maintain an overweight position in the stock.

Stocks that detracted most from relative returns included Circuit City (Consumer Discretionary), Countrywide Financial (Financials) and D.R. Horton (Consumer Discretionary). Poor sales trends and thin margins have led to several earnings disappointments for retailer Circuit City. We eliminated the stock as worries about the resiliency of the U.S. consumer have weighed on retail names generally, more so on those attempting to make business model changes. The collapse of the mortgage market caused mortgage originator Countrywide to suffer as its asset quality deteriorated and the market worried that it was facing a liquidity crisis. While the credit concerns will be around for some time and near-term earnings prospects are fairly bleak, the firm has solved its funding issues for the foreseeable future and while we trimmed our holdings we have maintained a position in the stock. Shares of homebuilder D.R. Horton have come under pressure as net orders for new homes have plunged and cancellations spiked amid a deteriorating housing market in the U.S. We have eliminated the position in D.R. Horton.

The fixed income portion of the Fund slightly trailed its fixed income benchmark during the twelve-month period (5.1% versus 5.4%) due mainly to the Fund’s allocation to out-of-benchmark positions in mortgages. Elevated volatility and a lack of market liquidity led to forced selling of even higher quality assets, which negatively impacted the residential mortgage-backed securities (“MBS”) and commercial mortgage-backed securities (“CMBS”) sectors. Risk reduction imposed on some leveraged investors, e.g. Hedge Funds and Structured Investment Vehicles (“SIVs”), also contributed to forced selling and price declines. However, the Fund was able avoid the sub-prime catastrophe and was successful in navigating the multi-billion dollar downgrades of mortgage-related securities. On the positive side, strong selection within the investment grade credit sector was additive to relative returns.

What is the outlook?

The stock portion of The Hartford Advisers Fund is managed with a large cap core investment approach. We apply a bottom-up investment process in constructing a diversified portfolio. We look for companies that exhibit some or all of the following characteristics: industry leadership, strong balance sheets, solid management teams, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. At the end of the period, the equity portion of the Fund was overweight in Health Care, Information Technology, and Consumer Discretionary stocks and underweight (i.e. the Fund’s sector position was less than the benchmark position) the Utilities, Industrials and Energy sectors.

The slowdown in the U.S. economy is underway and we feel the Federal Open Market Committee (“the Fed”) will continue to ease monetary policy (i.e. lowering interest rates) consistent with Treasury market valuations. Additionally, we expect the contraction in the availability of credit and risk aversion to continue. Therefore, we are neutral with respect to the Fund’s duration (i.e. sensitivity to changes in interest rates) and yield curve posture. Fundamentals are positive for the prime mortgage market and we expect interest rate volatility to plateau over the long term which will be supportive of mortgage valuations. We prefer the liquidity of MBS and CMBS relative to other spread sectors (i.e. those that offer yield premiums over Treasuries).

The equity and fixed income managers will continue to work collaboratively to make decisions regarding portfolio weights in stocks, bonds, and cash. As of October 31, 2007, the Fund’s equity exposure was at 65% compared to 60% in its benchmark and at the upper end of the 50-70% range, as we expect equities to outperform bonds and cash.

Composition by Sector
as of October 31, 2007

	Percentage of
Sector	Net Assets
Asset & Commercial Mortgage Backed Securities		6.4	%
Common Stocks		65.1
Corporate Bonds: Investment Grade		13.7
Municipal Bonds		0.2
Preferred Stocks		0.4
U.S. Government Agencies		3.6
U.S. Government Securities		7.3
Short-Term Investments		12.5
Other Assets and Liabilities		(9.2	)
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		2.0	%
Capital Goods		0.1
Consumer Cyclical		3.5
Consumer Staples		5.3
Energy		6.3
Finance		28.0
General Obligations		0.2
Health Care		11.1
Services		7.1
Technology		20.6
Transportation		0.2
U.S. Government Agencies		3.6
U.S. Government Securities		7.3
Utilities		1.4
Short-Term Investments		12.5
Other Assets and Liabilities		(9.2	)
Total		100.0	%

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

Performance Overview(1) 5/28/04 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Balanced Allocation A#		5/28/04		14.95	%		10.93	%
Balanced Allocation A##		5/28/04		8.63	%		9.11	%
Balanced Allocation B#		5/28/04		14.03	%		10.10	%
Balanced Allocation B##		5/28/04		9.03	%		9.40	%
Balanced Allocation C#		5/28/04		14.07	%		10.12	%
Balanced Allocation C##		5/28/04		13.07	%		10.12	%
Balanced Allocation I#		5/28/04		15.35	%		11.04	%
Balanced Allocation R3#		5/28/04		14.61	%		10.83	%
Balanced Allocation R4#		5/28/04		14.94	%		10.93	%
Balanced Allocation R5#		5/28/04		15.13	%		10.98	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Balanced Allocation Fund gained 14.95%, before sales charge, for the twelve-month period ended October 31, 2007, versus 11.56% for the Lipper Mixed-Asset Target Allocation Moderate Funds average, 5.38% for the Lehman Brothers U.S. Aggregate Bond Index, and 14.58% for the S&P 500 Index.

Effective August 1, 2007, Hartford Investment Management Company was added as a subadviser to the Fund.

Why did the Fund perform this way?

The Fund’s equity allocation structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund’s target asset allocation is set at approximately 60% equity and 40% fixed-income. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

On the fixed-income side, yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial mortgage-backed securities (“CMBS”) were the worst. The fixed-income allocation is structured around six fixed-income indices. For the year, the best performer was the Lehman Brothers High Yield Index (up

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6.73%); followed by the Lehman Brothers U.S. TIPS (Treasury Inflation Protected Securities) Index (up 6.33%); the Lehman Brothers 1-3 Year Government Index (up 5.73%); the Lehman Brothers U.S. Aggregate Bond Index (up 5.38%); the Merrill Lynch 3-Month U.S. Treasury Bill Index (up 4.97%); and the CSFB Leveraged Loan Index (up 4.15%). Consequently, the Fund benefited from its allocation to high yield, TIPS and short-term bonds, while the other asset classes underperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance was also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation, and a decent employment picture should prove supportive of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008.

We continue to believe that the economy is on a solid, albeit softer path, which will help to sustain good performance for fixed income spread products. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to seek outperformance by focusing on our disciplined long-term approach of asset allocation. We will also look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		18.4	%
The Hartford Disciplined Equity Fund, Class Y		4.5
The Hartford Equity Income Fund, Class Y		6.1
The Hartford Floating Rate Fund, Class Y		5.6
The Hartford Global Growth Fund, Class Y		4.7
The Hartford Income Fund, Class Y		13.5
The Hartford Inflation Plus Fund, Class Y		6.3
The Hartford International Opportunities Fund, Class Y		4.4
The Hartford International Small Company Fund, Class Y		4.1
The Hartford Select MidCap Value Fund, Class Y		1.5
The Hartford Select SmallCap Value Fund, Class Y		2.1
The Hartford Short Duration Fund, Class Y		4.8
The Hartford Small Company Fund, Class Y		4.4
The Hartford Strategic Income Fund, Class Y		0.9
The Hartford Total Return Bond Fund, Class Y		7.9
The Hartford Value Fund, Class Y		10.5
Other Assets and Liabilities		0.3
Total		100.0	%

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

Performance Overview(1) 7/31/06 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Balanced Income A#		7/31/06		9.07	%		11.25	%
Balanced Income A##		7/31/06		3.07	%		6.34	%
Balanced Income B#		7/31/06		8.22	%		10.36	%
Balanced Income B##		7/31/06		3.22	%		7.23	%
Balanced Income C#		7/31/06		8.17	%		10.33	%
Balanced Income C##		7/31/06		7.17	%		10.33	%
Balanced Income Y#		7/31/06		9.43	%		11.59	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Lucius T. Hill, III	Scott I. St. John, CFA	John R. Ryan, CFA
Senior Vice President	Vice President	Senior Vice President, Partner
W. Michael Reckmeyer, III, CFA	Karen H. Grimes, CFA	Ian Link, CFA
Vice President	Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Balanced Income Fund returned 9.07%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 10.83% for the Russell 1000 Value Index and 4.34% for the Lehman Brothers Corporate Index. However, the Fund underperformed the 11.56% return of the average fund in the Lipper Mixed-Asset Target Allocation Moderate Funds peer group, a group of funds that hold between 40-60% in equity securities and the remainder in bonds, cash and cash equivalents.

Why did the Fund perform this way?

Financial markets posted robust returns for the period. As measured by the S&P 500 Index, equity markets were up 14.58% while the bond market as measured by the Lehman Brothers U.S. Aggregate Bond Index increased 5.38%. 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, both the equity portion and the fixed-income portion of the Fund outperformed their respective benchmarks. Allocation contributed positively to the Fund’s performance as the Fund’s slight overweight (i.e. the Fund’s sector position was greater than the benchmark position) to equities in a strong equity market boosted returns.

The equity portion of the Fund outperformed its equity benchmark due to both sector allocation and stock selection. The Fund benefited from underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in the lagging Financials and Consumer Discretionary sectors and overweight positions in surging Utilities and Materials. Additionally, strong stock selection in Financials and Telecommunication Services contributed positively to relative (i.e. performance of the Fund as measured against the benchmark) returns. Stock selection was weak in the Industrials sector and detracted from relative returns. The Fund also benefited from a slight overweight to equities versus bonds relative to its benchmark during the period.

Top relative contributors to the equity portion of the Fund included FPL Group (Utilities), ConocoPhilips (Energy), and Chevron (Energy).

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Shares of FPL, a Florida based electric utility with a leading position in alternative energy generation, particularly wind power, benefited from the company’s continued investment into alternative and renewable energy sources. Shares of ConocoPhilips and Chevron continue to benefit from higher energy prices. Chevron stock was also boosted by a gain from the sale of its holdings in power wholesaler Dynegy. We continued to hold positions in all three stocks at the end of the period.

The largest detractors from benchmark-relative returns in the equity portion of the Fund were Pitney Bowes (Industrials), UBS (Financials), and US Bancorp (Financials). Bank of America and Citigroup, both Financials stocks, were also significant detractors of absolute (i.e. total return) performance. Pitney Bowes reported lower than expected sales growth caused by weak U.S. and European sales, which caused the stock to fall during the period. Diversified financials firm UBS was hurt by the credit and liquidity crises that impacted markets during the third quarter. US Bancorp’s shares declined over concerns about lower loan growth due to a slowing economy, as well as heightened concerns about exposure to sub-prime loans. We continue to hold all five companies. Additionally, being underweight in strongly performing Exxon Mobil hurt benchmark-relative returns of the Fund.

On the fixed income side, the Fund outperformed its fixed income benchmark due primarily to the Fund’s slight overweight positions in high yield and emerging markets debt. Amid the flight-to-quality rally, heightened risk aversion, rating agency downgrades, and declining liquidity, the credit sector underperformed. Positive security selection within the investment grade credit sector coupled with the Fund’s underweight to this sector helped returns. Relative returns were hurt by the Fund’s out-of-benchmark exposure to the commercial mortgage sector.

What is the outlook?

Global credit conditions have deteriorated sharply. U.S. GDP growth is now expected to decelerate in the upcoming year to about 1% as tightening credit conditions may deepen the housing slump. Consequently, we believe U.S. consumer spending will weaken. The outlook for global growth will moderate to about 3% with Asia and Emerging Markets providing strong support. Domestic corporate profits are stressed but largely offset by strong international gains. The Federal Open Market Committee (the “Fed”) has responded to the liquidity crisis by cutting interest rates and should react to any further deterioration.

Based on these economic conditions, we expect the Fed to continue easing the Fed Funds rate and therefore maintain a neutral benchmark duration (i.e. sensitivity to changes in interest rates) posture in the fixed income portion of the Fund. Balance sheets are healthy and valuations are attractive within the investment grade sector. Therefore, we plan to maintain our exposure to investment-grade corporate bonds with a bias toward select lower quality issuers. Commercial mortgage-backed securities (“CMBS”) are attractive relative to other high quality investments and we plan to maintain our out-of-benchmark exposure to this sector. Valuations for the broad high yield sector are less attractive than investment grade alternatives. We plan to maintain our allocation to this sector through select issuers. Within emerging markets, we own a number of attractively valued dollar-denominated issues in the fixed income portion of the Fund, primarily corporate bonds, and hold locally denominated bonds in countries where we expect to see falling bond yields and currency appreciation.

The equity portion of the Fund is managed with a bias towards income-generating securities. At the end of the period, the equity portion of the Fund was most overweight the Utilities, Consumer Staples, and Materials sectors and most underweight the Consumer Discretionary and Financials sectors.

The equity and fixed income managers continue to work collaboratively to make decisions regarding portfolio weights in equities and fixed income. At the end of the period, the Fund was slightly overweight equities relative to its benchmark.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		6.0	%
Capital Goods		1.6
Consumer Cyclical		3.6
Consumer Staples		4.3
Energy		10.0
Finance		33.2
Foreign Governments		5.6
Health Care		4.5
Services		5.0
Technology		12.2
Transportation		0.5
U.S. Government Securities		0.2
Utilities		7.8
Short-Term Investments		4.8
Other Assets and Liabilities		0.7
Total		100.0	%

Composition by Sector
as of October 31, 2007

	Percentage of
Sector	Net Assets
Asset & Commercial Mortgage Backed Securities		3.1	%
Common Stocks		44.8
Preferred Stocks		0.0
Corporate Bonds: Investment Grade		36.8
Corporate Bonds: Non-Investment Grade		9.6
U.S. Government Securities		0.2
Short-Term Investments		4.8
Other Assets and Liabilities		0.7
Total		100.0	%

6

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

Performance Overview(1) 7/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks growth of capital.
Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Capital Appreciation A#		7/22/96		26.15	%		21.87	%		13.51	%		19.78	%
Capital Appreciation A##		7/22/96		19.21	%		20.50	%		12.87	%		19.18	%
Capital Appreciation B#		7/22/96		25.15	%		20.93	%	NA		*	NA		*
Capital Appreciation B##		7/22/96		20.15	%		20.75	%	NA		*	NA		*
Capital Appreciation C#		7/22/96		25.28	%		21.05	%		12.74	%		18.97	%
Capital Appreciation C##		7/22/96		24.28	%		21.05	%		12.74	%		18.97	%
Capital Appreciation I#		7/22/96		26.49	%		21.95	%		13.55	%		19.81	%
Capital Appreciation R3#		7/22/96		25.83	%		22.30	%		13.99	%		20.29	%
Capital Appreciation R4#		7/22/96		26.19	%		22.37	%		14.02	%		20.32	%
Capital Appreciation R5#		7/22/96		26.45	%		22.42	%		14.05	%		20.34	%
Capital Appreciation Y#		7/22/96		26.66	%		22.46	%		14.06	%		20.36	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

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

(2) Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.

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

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

How did the Fund perform?

The Class A shares of The Hartford Capital Appreciation Fund returned 26.15%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the Russell 3000 Index, which returned 14.53% for the same period. The Fund also outperformed the 16.34% return of the average fund in the Lipper Multi-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

As measured by the Russell 3000 Index, equity markets ended broadly higher for the fifth fiscal year in a row, despite significant volatility during the summer. Every sector in the benchmark but two posted double digit positive returns for the period, led by Materials (+38%), Energy (+36%), Information Technology (+26%), and Industrials (+22%). The laggards in this environment were Financials (-3%), the only sector to fall during the period as much of the recent turmoil was concentrated in Financial and related stocks, and Consumer

Discretionary (+3%), which traded lower largely on deterioration in the housing market and concerns about potential spillover effects on the consumer.

Relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) performance was robust. Strong stock selection drove the funds relative outperformance, as Fund results exceeded those of the benchmark in six of ten economic sectors. Relative performance was particularly strong in the Financials, Materials, and Industrials sectors. Turkish bank Akbank and Brazilian bank Unibanco led the way among Financials stocks. In addition, the Fund also benefited from a below-benchmark allocation to the underperforming Financials sector. Materials stocks made up the top three relative contributors during the year: Cia Vale do Rio Doce (“CVRD”), Vedanta, and Freeport-McMoRan Copper all rose on continued strong demand for commodities including iron ore and copper. Relative performance in Industrials benefited from positions in Swiss power and automation company ABB and Chinese solar power manufacturer Suntech Power. Other top relative and absolute

7

contributors included search giant Google and agribusiness concern Bunge.

The Fund lagged the benchmark in the Information Technology, Utilities, Health Care and Consumer Discretionary sectors. Positions in hardware stocks Nortel and Motorola detracted most from relative and absolute results. Communications equipment company Nortel is having difficulty meeting margin targets, putting pressure on its shares. We continue to believe the company will undergo a successful turnaround and we maintain a position in the stock. Cellular phone manufacturer Motorola stumbled badly as it depended too heavily on the continued success of its successful RAZR line of phones. Profit margins dropped dramatically when management cut pricing in order to spur sales, and we chose to exit the position. Shares in U.K. utility British Energy fell when the company was forced to close two plants due to boiler cracks. We eliminated the position. The Fund’s relative performance also was hurt by not owning ExxonMobil, whose shares rose strongly during the period, and by an underweight (i.e. the Fund’s sector position was less than the benchmark position) position in Apple, whose shares gained on strong sales of iPods, Macintosh computers, and the new iPhone.

What is the outlook?

We continue to focus our efforts on picking stocks one-at-a-time based on detailed fundamental research. These bottom-up investment decisions have resulted in a sizeable absolute weight in the Information Technology sector. Top positions include internet search giant Google and computer company IBM. Our exposure to the Materials sector is the second largest in the Fund and represents our greatest overweight (i.e. the Fund’s sector position was greater than the benchmark position) relative to the benchmark. We favor mining companies such as CVRD and Vedanta. Our lowest exposures are in the Utilities and Telecommunication Services sectors, while Health Care represents our largest underweight relative to the Russell 3000 Index. We continue to underweight Financials stocks, but have reduced the size of that underweight as we seek opportunities in this troubled sector.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		16.1	%
Capital Goods		5.3
Consumer Cyclical		9.2
Consumer Staples		3.4
Energy		10.7
Finance		15.3
Health Care		7.6
Services		3.0
Technology		21.0
Transportation		0.5
Utilities		1.4
Short-Term Investments		12.3
Other Assets and Liabilities		(5.8	)
Total		100.0	%

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Austria		0.7	%
Brazil		4.0
Canada		3.4
China		2.5
France		1.2
Germany		1.3
Hong Kong		0.5
India		0.6
Israel		0.8
Japan		1.6
Luxembourg		0.7
Russia		1.4
South Africa		1.7
Sweden		0.2
Switzerland		4.2
Taiwan		1.1
Turkey		1.9
United Kingdom		5.8
United States		59.9
Short-Term Investments		12.3
Other Assets and Liabilities		(5.8	)
Total		100.0	%

8

The Hartford Capital Appreciation II Fund
(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 4/29/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Capital Appreciation II A#		4/29/05		32.15	%		25.26	%
Capital Appreciation II A##		4/29/05		24.89	%		22.46	%
Capital Appreciation II B#		4/29/05		31.01	%		24.29	%
Capital Appreciation II B##		4/29/05		26.01	%		23.43	%
Capital Appreciation II C#		4/29/05		31.22	%		24.41	%
Capital Appreciation II C##		4/29/05		30.22	%		24.41	%
Capital Appreciation II I#		4/29/05		32.60	%		25.46	%
Capital Appreciation II R3#		4/29/05		31.82	%		25.40	%
Capital Appreciation II R4#		4/29/05		32.21	%		25.54	%
Capital Appreciation II R5#		4/29/05		32.60	%		25.69	%
Capital Appreciation II Y#		4/29/05		32.75	%		25.75	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Management
David R. Fassnacht, CFA	Michael T. Carmen, CFA, CPA	Frank D. Catrickes, CFA, CMT
Senior Vice President, Partner	Senior Vice President, Partner	Senior Vice President, Partner
James N. Mordy	Saul J. Pannell, CFA
Senior Vice President, Partner	Senior Vice President, Partner
David W. Palmer, CFA	Nicolas M. Choumenkovitch
Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Capital Appreciation II Fund returned 32.15%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the Russell 3000 Index, which returned 14.53% for the same period. The Fund also outperformed the 24.19% return of the average fund in the Lipper Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, James H. Averill, a portfolio manager of the Fund, retired from Wellington Management Company and withdrew from active involvement in the Fund effective April 1, 2007.

Why did the Fund perform this way?

As measured by the Russell 3000 Index, equity markets ended broadly higher, despite significant volatility during the summer. Every sector in the benchmark but two posted double digit positive returns for the period, led by a disparate group of sectors: Materials (+38%), Energy (+36%), Information Technology (+26%), and Industrials (+22%). The laggards in this environment were Financials (-3%), the only sector to fall during the period as much of the recent turmoil was concentrated in financial and related stocks, and Consumer Discretionary (+3%), which traded lower on concerns that consumer spending could weaken as the housing market continues to deteriorate.

The Fund’s outperformance reflected strong stock selection across nine of ten economic sectors, particularly in Materials, Financials, and Information Technology. Fund results slightly trailed those of the benchmark in Telecommunication Services. The largest contributors to relative (i.e. performance of the Fund as measured against the benchmark) performance during the period were Research In Motion, Focus Media, and PT Bumi Resources. Shares of Canadian communications device company Research In Motion moved higher with expectations of market share gains because of strong demand for

9

its Curve, 8800, 8700, and Pearl devices, which are driving sales and earnings faster than expected. Chinese advertising firm Focus Media reported strong quarterly earnings and higher 2007 guidance. The company is the clear leader in the out-of-home advertising space with an extensive flat panel display network and digital billboard presence. Shares of PT Bumi Resources, the largest Indonesian exporter of thermal coal to the Asian basin, benefited from robust demand for coal, particularly in India and China. China recently became a net importer of thermal coal, which could lead to upward pressure on prices. Because of growth in power generation requirements in China and India, Bumi’s coal resources are in high demand. Other top absolute (i.e. total return) and relative contributors included search giant Google and Brazilian mining company Cia Vale do Rio Doce.

Stocks with the largest negative impact on relative performance included Capital One Financial, Network Appliance, and Kohl’s. The Fund was also hurt on a relative basis by owning a below-benchmark position in ExxonMobil, whose shares rose during the period. Shares of credit card company Capital One fell following news that earnings were being negatively impacted by the company’s recent acquisition of North Fork Bank and by concerns over the company’s exposure to sub-prime mortgages. We maintain our position in Capital One as we believe the company still has substantial franchise value and earnings power driven by its credit card and auto lending businesses. Network Appliance, a supplier of storage and data management solutions, is facing slowing growth targets and a potentially sluggish outlook for enterprise spending. We eliminated the position in Network Appliance. Specialty department store company Kohl’s saw its shares decline with disappointing same-store-sales trends and investor concerns about overall consumer spending. We believe that new store growth and margin expansion opportunities could benefit the shares going forward and maintain a position in the stock. Other detractors on a relative and absolute basis included cable operator Comcast, mortgage lender Countrywide Financial, and electronics retailer Circuit City.

On balance, sector allocation, the result of bottom-up stock selection decisions, had a positive impact on the Fund’s performance, as the benefits of being overweight (i.e. the Fund’s sector position was greater than the benchmark position) Materials and underweight (i.e. the Fund’s sector position was less than the benchmark position) Financials overwhelmed the impacts of our underweights in Utilities and Telecommunication Services.

What is the outlook?

The Hartford Capital Appreciation II Fund is a multi-managed Fund with an opportunistic investment approach. The Fund’s managers pursue diverse and complementary investment strategies, with fundamental, bottom-up research as the foundation for portfolio construction.

We continue to focus our efforts on picking stocks one-at-a-time based on detailed fundamental research. At the end of the period, our stock-by-stock investment process resulted in greater-than-benchmark weights in Materials, Information Technology, and Consumer Discretionary stocks and less-than-benchmark weights in Consumer Staples, Financials, and Utilities. Our largest absolute sector weights at period-end were in the Information Technology, Financials, and Consumer Discretionary sectors.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		16.3	%
Capital Goods		2.5
Consumer Cyclical		6.4
Consumer Staples		3.2
Energy		7.0
Finance		16.0
Health Care		8.0
Long Call Index Option Contract		0.1
Services		7.0
Technology		24.2
Transportation		2.1
Utilities		2.5
Short-Term Investments		12.5
Other Assets and Liabilities		(7.8	)
Total		100.0	%

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Australia		0.3	%
Bermuda		0.0
Brazil		2.7
Canada		4.4
China		3.8
Egypt		0.3
Finland		0.7
France		2.0
Germany		1.1
Greece		0.1
Hong Kong		0.9
Indonesia		0.6
Ireland		0.3
Israel		0.9
Italy		0.4
Japan		0.7
Luxembourg		0.3
Mexico		0.2
Netherlands		1.2
Norway		0.6
Papua New Guinea		0.1
Russia		1.3
South Africa		0.4
Sweden		0.6
Switzerland		2.4
Turkey		0.4
United Kingdom		4.2
United States		64.4
Short-Term Investments		12.5
Other Assets and Liabilities		(7.8	)
Total		100.0	%

10

The Hartford Checks and Balances Fund
(advised by Hartford Investment Financial Services, LLC)

Performance Overview(1) 5/31/07 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		Since
	Date		Inception
Checks and Balances A#		5/31/07		5.56	%
Checks and Balances A##		5/31/07		-0.24	%
Checks and Balances B#		5/31/07		5.24	%
Checks and Balances B##		5/31/07		0.24	%
Checks and Balances C#		5/31/07		5.23	%
Checks and Balances C##		5/31/07		4.23	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B and C shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Management
Vernon J. Meyer, CFA
Senior Vice President

How did the Fund perform?

The Class A of The Hartford Checks and Balances Fund gained 5.56%, before sales charge, since its inception on May 31, 2007 through October 31, 2007, versus 3.23% for the Lipper Mixed-Asset Target Allocation Growth Funds average, 3.46% for the Lehman Brothers U.S. Aggregate Bond Index, 1.93% for the S&P 500 Index, and 1.47% for the Russell 3000 Index.

Why did the Fund perform this way?

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

The Fund’s relative performance benefited most from The Hartford Capital Appreciation Fund. The Hartford Dividend and Growth Fund detracted most from relative performance.

11

What is your outlook?

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

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		32.2	%
The Hartford Dividend and Growth Fund, Class Y		32.2
The Hartford Total Return Bond Fund, Class Y		32.0
Other Assets and Liabilities		3.6
Total		100.0	%

12

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

Performance Overview(1) 5/28/04 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Conservative Allocation A#		5/28/04		10.64	%		8.28	%
Conservative Allocation A##		5/28/04		4.55	%		6.50	%
Conservative Allocation B#		5/28/04		9.81	%		7.56	%
Conservative Allocation B##		5/28/04		4.81	%		6.82	%
Conservative Allocation C#		5/28/04		9.91	%		7.57	%
Conservative Allocation C##		5/28/04		8.91	%		7.57	%
Conservative Allocation I#		5/28/04		10.86	%		8.36	%
Conservative Allocation R3#		5/28/04		10.18	%		8.15	%
Conservative Allocation R4#		5/28/04		10.51	%		8.24	%
Conservative Allocation R5#		5/28/04		10.79	%		8.32	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Conservative Allocation Fund gained 10.64%, before sales charge, for the twelve-month period ended October 31, 2007, versus 7.78% for the Lipper Mixed-Asset Target Allocation Conservative Funds category, 5.38% for the Lehman Brothers U.S. Aggregate Bond Index, and 14.58% for the S&P 500 Index.

Effective August 1, 2007, Hartford Investment Management Company was added as a subadviser to the Fund.

Why did the Fund perform this way?

The Fund’s structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund’s target asset allocation is set at approximately 40 % equity and 60% fixed-income. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased, which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

On the fixed-income side, yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial

13

mortgage-backed securities (“CMBS”) were the worst. The fixed-income allocation is structured around six fixed-income indices. For the year, the best performer was the Lehman Brothers High Yield Index (up 6.73%); followed by the Lehman Brothers U.S. TIPS (Treasury Inflation Protected Securities) Index (up 6.33%); the Lehman Brothers 1-3 Year Government Index (up 5.73%); the Lehman Brothers U.S. Aggregate Bond Index (up 5.38%); the Merrill Lynch 3-Month U.S. Treasury Bill Index (up 4.97%); and the CSFB Leveraged Loan Index (up 4.15%). Consequently, the Fund benefited from its allocation to high yield, TIPS and short-term bonds, while the other asset classes underperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation, and a decent employment picture should prove supportive of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008.

We continue to believe that the economy is on a solid, albeit softer path, which will help to sustain good performance for fixed income spread products. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to seek outperformance by focusing on our disciplined long-term approach of asset allocation. We will also look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		13.0	%
The Hartford Disciplined Equity Fund, Class Y		5.9
The Hartford Equity Income Fund, Class Y		7.0
The Hartford Floating Rate Fund, Class Y		5.9
The Hartford Global Growth Fund, Class Y		4.1
The Hartford Income Fund, Class Y		13.9
The Hartford Inflation Plus Fund, Class Y		10.9
The Hartford International Opportunities Fund, Class Y		2.4
The Hartford International Small Company Fund, Class Y		2.2
The Hartford Select MidCap Value Fund, Class Y		1.6
The Hartford Select SmallCap Value Fund, Class Y		2.4
The Hartford Short Duration Fund, Class Y		15.5
The Hartford Strategic Income Fund, Class Y		0.6
The Hartford Total Return Bond Fund, Class Y		12.5
The Hartford Value Opportunities Fund, Class Y		1.8
Other Assets and Liabilities		0.3
Total		100.0	%

14

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

Performance Overview(1) 4/30/98 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Disciplined Equity A#		4/30/98		13.87	%		12.44	%		5.11	%
Disciplined Equity A##		4/30/98		7.61	%		11.18	%		4.49	%
Disciplined Equity B#		4/30/98		13.14	%		11.66	%	NA		*
Disciplined Equity B##		4/30/98		8.14	%		11.40	%	NA		*
Disciplined Equity C#		4/30/98		13.07	%		11.65	%		4.39	%
Disciplined Equity C##		4/30/98		12.07	%		11.65	%		4.39	%
Disciplined Equity R3#		4/30/98		13.71	%		12.85	%		5.58	%
Disciplined Equity R4#		4/30/98		14.01	%		12.91	%		5.60	%
Disciplined Equity R5#		4/30/98		14.31	%		12.97	%		5.63	%
Disciplined Equity Y#		4/30/98		14.45	%		12.99	%		5.65	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Disciplined Equity Fund returned 13.87%, before sales charge, for the twelve-month period ended October 31, 2007, underperforming its benchmark, the S&P 500 Index, which returned 14.58% for the same period. The Fund also underperformed the 14.67% return of the average fund in the Lipper Large-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

U.S. equity markets advanced for the first half of the period, then pulled back in August due to sub-prime and credit worries. During the period, U.S. mid cap equities (+17.00%) outpaced small (+9.27%) and large cap (+14.58%) stocks as measured by the S&P MidCap 400 Index, Russell 2000 Index and S&P 500 Index, respectively. U.S. growth stocks outpaced their value peers, as the Russell 1000 Growth Index returned (+19.23%) versus a Russell 1000 Value Index return of (+10.83%). Within the S&P 500 Index benchmark, Energy (+38%), Materials (+33%), and Information Technology (+26%) led performance while Financials (-3%) and Consumer Discretionary (3%) lagged the broader market.

The Fund’s relative (i.e. performance of the Fund as measured against the benchmark) performance reflected strong stock selection in Financials, Materials and Utilities, but unfavorable stock selection in Consumer Discretionary and Information Technology. In addition, the Fund’s performance was hurt by an underweight (i.e. the Fund’s sector position was less than the benchmark position) to Materials stocks, which were up significantly during the period, and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to Health Care stocks, which lagged the market.

Top relative detractors during the period were Kohl’s (Consumer Discretionary), Forest Labs (Health Care) and Motorola (Information Technology). In addition, McGraw-Hill (Consumer Discretionary) was a significant detractor on an absolute (i.e. total return) basis. Shares of Kohl’s, a specialty department store, declined with disappointing same-store-sales trends and investor concerns about overall consumer

15

spending. Pharmaceutical company Forest Labs reported disappointing Phase III results for its stroke drug Desmoteplase. Shares of mobile phone manufacturer Motorola declined as the company reported disappointing revenues and margins as competition increased for its RAZR handset. Shares of global information services provider McGraw-Hill fell as investors worried about dramatically lower issuance volume affecting the ratings business at their Standard & Poor’s (“S&P”) subsidiary. There were also concerns about potential backlash from various entities over S&P’s handling of ratings on sub-prime mortgage-related bonds. We eliminated our positions in both Motorola and McGraw-Hill during the period.

The Fund’s top three contributors to benchmark-relative performance were two Energy stocks, Occidental Petroleum and ConocoPhillips, and semiconductor-maker MEMC. In addition, consumer electronics company Apple was a strong contributor on an absolute basis. Occidental Petroleum and ConocoPhillips continue to benefit from record high oil prices due to inflationary pressures on the energy front and a bullish consensus outlook on oil and refining margins. MEMC is benefiting from strong demand for polysilicon, a key ingredient for solar power generation. Apple’s shares soared following enthusiasm over the company’s launch of the iPhone and strong sales of its Macintosh computers. We eliminated our position in MEMC during the period.

What is the outlook?

We believe the U.S. economy has definitely lost momentum. Economic data on balance is worsening, while the housing market conditions are deteriorating and not yet resolving in any area making it a challenging and narrow market in the coming quarters. We will continue to invest in sectors opportunistically and on a stock-by-stock basis reflecting our bottom-up process. That said, we ended the period most overweight Health Care, Information Technology, and Utilities and most underweight Industrials, Materials, and Consumer Discretionary stocks.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		2.5	%
Capital Goods		3.6
Consumer Cyclical		8.4
Consumer Staples		3.1
Energy		10.5
Finance		23.2
Health Care		12.9
Services		5.3
Technology		22.8
Transportation		0.3
Utilities		4.9
Short-Term Investments		10.0
Other Assets and Liabilities		(7.5	)
Total		100.0	%

16

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

Performance Overview(1) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Dividend & Growth A#		7/22/96		16.20	%		15.07	%		8.57	%		10.92	%
Dividend & Growth A##		7/22/96		9.81	%		13.78	%		7.96	%		10.36	%
Dividend & Growth B#		7/22/96		15.22	%		14.12	%	NA		*	NA		*
Dividend & Growth B##		7/22/96		10.22	%		13.88	%	NA		*	NA		*
Dividend & Growth C#		7/22/96		15.42	%		14.27	%		7.83	%		10.15	%
Dividend & Growth C##		7/22/96		14.42	%		14.27	%		7.83	%		10.15	%
Dividend & Growth I#		7/22/96		16.67	%		15.16	%		8.61	%		10.95	%
Dividend & Growth R3#		7/22/96		15.92	%		15.45	%		9.03	%		11.38	%
Dividend & Growth R4#		7/22/96		16.25	%		15.51	%		9.06	%		11.41	%
Dividend & Growth R5#		7/22/96		16.55	%		15.57	%		9.09	%		11.44	%
Dividend & Growth Y#		7/22/96		16.68	%		15.60	%		9.10	%		11.45	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Manager
Edward P. Bousa, CFA
Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Dividend and Growth Fund returned 16.20%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 14.58% for the S&P 500 Index and 10.83% for the Russell 1000 Value Index. The Fund also outperformed the 13.90% return of the average fund in the Lipper Equity Income Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Overall equity market performance was strong for the period. Large cap equities (+14.6%) outpaced small cap stocks (+9.3%) but underperformed mid caps (+17.0%) as represented by the S&P 500 Index, Russell 2000 Index, and S&P MidCap 400 Index, respectively. Reversing the trend from previous months, growth-oriented stocks dominated value-oriented stocks. During the twelve-month period, Energy (+38%), Materials (+33%) and Information Technology (+27%) were clear leaders within the broad market, as represented by the S&P 500 Index, while Financials (-3%) and Consumer Discretionary (-0.3%) posted negative returns.

The Fund’s outperformance relative (i.e. performance of the Fund as measured against the benchmark) to the S&P 500 Index was due primarily to sector allocation. Our overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocation to outperforming Energy and Materials and underweight (i.e. the Fund’s sector position was less than the benchmark position) to lagging Financials contributed positively to benchmark-relative performance. The Fund’s underweight to Information Technology was a detractor. Stock selection also helped returns. Strong selection in Consumer Staples and Utilities more than offset weak security selection in the Information Technology sector.

17

The Fund’s top three contributors to relative performance over the period were Deere (Industrials), Cia Vale do Rio Doce (“CVRD”; Materials), and Chevron (Energy). Deere’s shares continue to climb as the company realizes growing agriculture equipment sales. Brazilian mining company CVRD’s shares rose as strong markets for iron ore and nickel supported higher earnings and guidance. In addition, results from recently acquired Inco exceeded the market’s expectations. We expect the firm to continue to benefit from solid iron ore fundamentals as strong Chinese demand sustains tight capacity and strong spot pricing. Chevron’s shares continue to benefit from higher energy prices. Results were also boosted by a gain from the sale of its holdings in power wholesaler Dynegy. At the end of the period, we held our positions in these three stocks.

Detractors from relative performance included UBS (Financials), MBIA (Financials), and Comcast (Consumer Discretionary). Diversified financials firm UBS was hurt by the credit and liquidity crises that impacted markets during the third quarter. We believe the company is well positioned despite the tightening credit environment and that its shares are being overly-punished by fears surrounding the investment banking business. After strong performance in 2006, bond insurer MBIA pulled back in price, in part on concerns that rising default rates for sub-prime mortgages would negatively impact home equity asset-backed securities that it has insured. The company maintains a superior risk profile relative to its peers given its strong credit skills and in-depth knowledge of structured finance and therefore we continue to hold the stock. Comcast, the largest cable TV provider in the U.S., continues to experience increased competition from Verizon, AT&T and satellite TV providers. Shares fell as the company reported that it lost more subscribers than expected. We continue to hold the stock as we believe that the selling was overdone and that the company will likely have strong revenue and operating income growth due to solid growth in broadband and voice subscribers. Fund results were also impacted by not owning Apple, which was a strong performer during the year as the company reported sharply higher profits due to strong sales of Macintosh computers and iPod products and the introduction of the iPhone.

What is the outlook?

Our discipline is focused on identifying industries where supply/demand remains favorable. We remain overweight Energy, as global demand remains strong and supply is constrained. Also, we continue to see favorable supply/demand characteristics in the agriculture markets. We have further increased our underweight to Information Technology by eliminating hardware companies EMC and Motorola and trimming Microsoft. We have increased our exposure to Financials but still remain underweight the sector.

Based on these views and our bottom-up stock selection, at the end of the period, relative to the S&P 500 Index, the Fund was most overweight Energy, Materials, and Utilities and most underweight Information Technology, Financials, and Consumer Discretionary.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		7.9	%
Capital Goods		4.1
Consumer Cyclical		7.5
Consumer Staples		6.4
Energy		17.4
Finance		15.2
Health Care		10.8
Services		6.7
Technology		14.2
Transportation		0.9
Utilities		5.5
Short-Term Investments		11.0
Other Assets and Liabilities		(7.6	)
Total		100.0	%

18

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

Performance Overview(1) 5/28/04 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Equity Growth Allocation A#		5/28/04		22.39	%		15.37	%
Equity Growth Allocation A##		5/28/04		15.66	%		13.48	%
Equity Growth Allocation B#		5/28/04		21.58	%		14.61	%
Equity Growth Allocation B##		5/28/04		16.58	%		13.98	%
Equity Growth Allocation C#		5/28/04		21.50	%		14.59	%
Equity Growth Allocation C##		5/28/04		20.50	%		14.59	%
Equity Growth Allocation I#		5/28/04		22.75	%		15.50	%
Equity Growth Allocation R3#		5/28/04		22.16	%		15.31	%
Equity Growth Allocation R4#		5/28/04		22.47	%		15.39	%
Equity Growth Allocation R5#		5/28/04		22.78	%		15.48	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Equity Growth Allocation Fund gained 22.39%, before sales charge, for the twelve-month period ended October 31, 2007, versus 14.58% for the S&P 500 Index, and 16.34% for the Lipper Multi- Cap Core Funds category, a group of funds with investment strategies similar to those of the Fund.

Effective August 1, 2007, Hartford Investment Management Company was added as a subadviser to the Fund.

Why did the Fund perform this way?

The Fund’s structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased, which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation and a decent employment picture should prove supportive

19

of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008. We will continue to seek outperformance by focusing on our disciplined long-term approach of equity asset allocation.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		23.6	%
The Hartford Disciplined Equity Fund, Class Y		7.4
The Hartford Dividend and Growth Fund, Class Y		0.7
The Hartford Equity Income Fund, Class Y		4.1
The Hartford Global Growth Fund, Class Y		7.8
The Hartford Growth Opportunities Fund, Class Y		6.9
The Hartford International Opportunities Fund, Class Y		6.4
The Hartford International Small Company Fund, Class Y		5.9
The Hartford Select MidCap Value Fund, Class Y		4.6
The Hartford Select SmallCap Value Fund, Class Y		7.2
The Hartford Small Company Fund, Class Y		6.4
The Hartford Stock Fund, Class Y		0.3
The Hartford Value Fund, Class Y		18.6
Other Assets and Liabilities		0.1
Total		100.0	%

20

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

Performance Overview(1) 8/28/03 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Equity Income A#		8/28/03		14.68	%		13.81	%
Equity Income A##		8/28/03		8.37	%		12.28	%
Equity Income B#		8/28/03		13.69	%		12.87	%
Equity Income B##		8/28/03		8.69	%		12.54	%
Equity Income C#		8/28/03		13.80	%		13.03	%
Equity Income C##		8/28/03		12.80	%		13.03	%
Equity Income I#		8/28/03		14.96	%		13.88	%
Equity Income R3#		8/28/03		14.34	%		14.18	%
Equity Income R4#		8/28/03		14.68	%		14.26	%
Equity Income R5#		8/28/03		14.92	%		14.32	%
Equity Income Y#		8/28/03		15.12	%		14.37	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Equity Income Fund returned 14.68%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the Russell 1000 Value Index, which returned 10.83% for the same period. The Fund outperformed the 13.90% return of the average fund in the Lipper Equity Income Fund peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

During the period, U.S. equities posted strong returns supporting the Fund’s positive absolute (i.e. total return) return. Within the Fund’s Russell 1000 Value Index benchmark, nine out of ten sectors posted positive returns. Energy, Materials, Industrials and Utilities posted the largest returns, while Financials lagged. Mid cap stocks outperformed both large and small cap stocks. The Russell 2000 small cap index returned 9.27%; compared to the S&P 500 large cap index return of 14.58% and the S&P MidCap 400 Index return of 17.02%.

While the Fund’s investment strategy is based on stock by stock fundamental research on each company, the primary driver of the Fund’s outperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark were the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in Financials and Consumer Discretionary and overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in Industrials, Utilities and Materials. Stock selection was strongest within Information Technology and Financials, but was slightly offset by weaker stock selection within Industrials, Materials and Energy.

The top three relative contributors to performance were Nokia (Information Technology), Deere (Industrials) and FPL Group (Utilities). In addition, Energy stocks Chevron and ExxonMobil were the top two contributors on an absolute basis.

Cell phone designer and manufacturer Nokia’s shares rose following the introduction of several successful new handset models and an aggressive cost control program that has helped the company’s bottom-

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line. Agricultural-equipment maker Deere’s stock price benefited from higher demand for ethanol. FPL, a Florida-based electric utility with a leading position in alternative energy generation, particularly wind power, benefited from the company’s continued investment into alternative and renewable energy sources. Chevron and ExxonMobil continued to benefit from the rally in crude oil prices and the widening in U.S. refining margins over the last year. We continued to hold positions in all five of these stocks at the end of the period.

The top three relative detractors were UBS (Financials), Pitney Bowes (Industrials) and Wyeth (Health Care). Bank of America and Citigroup, both Financials stocks, were also significant detractors to absolute performance. Diversified Financials stocks UBS, Bank of America and Citigroup all underperformed due to the disruptions in the capital markets and concerns about balance sheet exposures. Mail and document management company Pitney Bowes’ shares declined due to the U.S. economic slowdown which led to lower sales of its products. Pharmaceutical company Wyeth’s stock was weak reflecting the pipeline setback of two products, Pristique and Bifepronix. We maintained positions in all of these stocks at the end of the period.

What is the outlook?

Global credit conditions have deteriorated sharply. U.S. GDP growth is now expected to decelerate in the upcoming year to about 1% as tightening credit conditions may deepen the housing slump. Consequently, we believe U.S. consumer spending will weaken. The outlook for global growth will moderate to about 3% with Asia and Emerging Markets providing strong support. Domestic corporate profits are stressed but largely offset by strong international gains. The Federal Open Market Committee has responded to the liquidity crisis by cutting interest rates and should react to any further deterioration.

At the end of the period, relative to the Russell 1000 Value Index, the Fund was most underweight Consumer Discretionary and Financials and most overweight Utilities, Consumer Staples, Materials and Energy.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		7.4	%
Capital Goods		4.3
Consumer Cyclical		3.3
Consumer Staples		7.4
Energy		16.0
Finance		24.5
Health Care		7.4
Services		1.7
Technology		15.3
Utilities		10.4
Short-Term Investments		4.7
Other Assets and Liabilities		(2.4	)
Total		100.0	%

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

Performance Overview(1) 4/29/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks a high level of current income.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Floating Rate A#		4/29/05		3.54	%		5.26	%
Floating Rate A##		4/29/05		0.43	%		3.99	%
Floating Rate B#		4/29/05		2.72	%		4.46	%
Floating Rate B##		4/29/05		-2.12	%		3.36	%
Floating Rate C#		4/29/05		2.67	%		4.47	%
Floating Rate C##		4/29/05		1.70	%		4.47	%
Floating Rate I#		4/29/05		3.84	%		5.42	%
Floating Rate R3#		4/29/05		3.31	%		5.35	%
Floating Rate R4#		4/29/05		3.43	%		5.40	%
Floating Rate R5#		4/29/05		3.91	%		5.60	%
Floating Rate Y#		4/29/05		3.73	%		5.52	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Michael Bacevich	John Connor	Frank Ossino (effective November 9, 2007)
Managing Director	Senior Vice President, Credit Research Analyst	Vice President

How did the Fund perform?

The Class A shares of The Hartford Floating Rate Fund returned 3.54%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Credit Suisse Leveraged Loan Index, which returned 4.15%, and the 3.76% average return of the Lipper Loan Participation Funds category, a group of funds with investment strategies similar to those of the Fund.

Effective November 9, 2007, Frank Ossino will assume portfolio management responsibilities for the Fund along with Michael Bacevich. John Connor will no longer serve as portfolio manager of the Fund.

Why did the Fund perform this way?

The twelve-month period ended October 31, 2007 was a tale of two markets. Overall during the period, the Fund focused on maintaining a diversified portfolio: no issues totaled more than 1% of assets, and industry diversification was generally in line with the Fund’s benchmark. We were, however, deliberately underweight (i.e. the Fund’s sector position was less than the benchmark position) the retail, technology and manufacturing sectors, as these sectors are typically more vulnerable to a softening economy, and overweight (i.e. the Fund’s sector position was greater than the benchmark position) the media/telecom and cable sectors, which are less cyclical in nature. The Fund experienced no loan or bond defaults and had no substantial fundamental credit specific weakness during the period.

During the first half of the year, the Fund experienced strong inflows and we were active buyers of loans as well as floating rate bonds. To enhance yield, we also selectively purchased small amounts of “yield to call” or short duration (i.e. sensitivity to changes in interest rates) fixed-rate bonds. The asset growth resulted in significant secondary market activity as we increased our core positions; secondary market strength also allowed us to reduce or even eliminate positions in weaker credits, specifically in the building products and technology sectors. Demand for new loans was robust, and we participated in two of the largest loan executions ever: Freeport-McMoRan ($11 billion) and Univision ($8 billion).

The second half of the year was a completely different story. Much has been written about the summer sub-prime collapse and its impact on the loan market in July and August. This period was very challenging for the Fund as it had to generate significant liquidity to meet substantial redemptions in a short period of time. Thus, we executed selling across

23

both loan and bond holdings in a down market which negatively impacted performance. Underperformance during this period was also partially attributable to the price volatility experienced in recently issued loans. On a positive note, the Fund did continue to participate in the primary market in credits that came at very attractive levels, including Chrysler Finance Co. We also opportunistically added to existing positions at or near all-time low valuations.

What is your outlook?

The current market disruption creates an attractive entry point, as we are seeing wider spreads (i.e. short and long term interest rates moving farther apart) in both primary and secondary issues as well as tightened underwriting standards. Technical pressures are expected to continue in the near- and medium-term, with a robust $170 billion in new issues scheduled to come to market (down from $230 billion, but above the $100 billion some believe is necessary in order to get supply and demand in balance.)

The fundamental picture is sound, albeit soft in certain sectors, and remains supportive of credit and issuers’ ability to service debt. Although default rates are expected to increase to 2%-2.5% from today’s 0.55% historical low, they are not expected to reach the historical average rate of 3.1% in 2008. An accommodative Federal Open Market Committee (“the Fed”), manageable inflation, and a decent employment picture should all support the consumer and spending.

The Fund’s focus continues to be on well-structured credits with strong asset coverage, portfolio diversification, and a willingness to sell at the first sign of credit deterioration. This strategy should allow the Fund to manage through continued volatility.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		11.2	%
Capital Goods		2.8
Consumer Cyclical		10.7
Consumer Staples		3.2
Energy		1.7
Finance		8.2
Health Care		10.8
Services		26.3
Technology		13.9
Transportation		2.9
Utilities		5.1
Short-Term Investments		5.2
Other Assets and Liabilities		(2.0	)
Total		100.0	%

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
A		0.1	%
BBB		2.1
BB		56.0
B		35.1
CCC		1.2
D		0.0
Not Rated		5.5
Total		100.0	%

24

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

Performance Overview(1) 5/24/01 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Fundamental Growth A#		5/24/01		26.59	%		13.91	%		5.41	%
Fundamental Growth A##		5/24/01		19.63	%		12.63	%		4.49	%
Fundamental Growth B#		5/24/01		25.70	%		13.06	%		4.65	%
Fundamental Growth B##		5/24/01		20.70	%		12.82	%		4.65	%
Fundamental Growth C#		5/24/01		25.68	%		13.11	%		4.66	%
Fundamental Growth C##		5/24/01		24.68	%		13.11	%		4.66	%
Fundamental Growth Y#		5/24/01		27.18	%		14.43	%		5.90	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Manager
Francis J. Boggan
Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Fundamental Growth Fund returned 26.59%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmarks, the Russell 1000 Growth Index, which returned 19.23% and the S&P 500 Index which returned 14.58% for the same period. The Fund also outperformed the 22.03% return of the average fund in the Lipper Large-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

U.S. equity markets advanced during the period, despite the volatility that emerged in the latter part of the period due to concerns associated with the U.S. sub-prime mortgage markets. Mid cap stocks (+17.0%) outperformed small (+ 9.27% )and larger cap stocks (+14.58%) during the period, as measured by the S&P MidCap 400 Index, Russell 2000 Index and S&P 500 Index, respectively. U.S. growth stocks continued to outpace their value peers, as the Russell 1000 Growth Index returned (+19.23%) versus a Russell 1000 Value Index return of (+10.83%).

The Fund outperformed the Russell 1000 Growth Index primarily due to security selection. Strong stock selection in the Information Technology, Materials, and Consumer Discretionary sectors more than offset weaker selection in the Health Care, Financials, and Industrials sectors.

The Fund’s top contributors to relative (i.e. performance of the Fund as measured against the Russell 1000 Growth Index) performance were Cia Vale do Rio Doce (“CVRD”; Materials), Research In Motion (Information Technology), and Priceline.com (Consumer Discretionary). Shares of Brazilian mining company CVRD continued to rise during the period, bolstered by solid iron ore fundamentals as strong Chinese demand sustains tight capacity and strong spot pricing. In addition, the company has been successfully integrating assets and operations of the Inco acquisition. Shares of consumer electronic device company Research In Motion moved higher with expectations of market share gains. We trimmed the position but expect rapid growth in the smartphone handset market and positive customer reaction to the firm’s next generation products. Shares of on-line travel company Priceline.com benefited from strong non-U.S. gross travel bookings, which led to higher-than-expected quarterly earnings and upward full year guidance. We believe that varied pricing options and a

25

strengthening position in Europe should help sustain solid results. Among other top contributors to performance was mining company Freeport-McMoRan which reported a surge in quarterly profits driven by increased metals prices and a smooth integration of recently acquired Phelps Dodge.

Weaker results from our positions in NII Holdings (Telecommunication Services), Coach (Consumer Discretionary), and Akamai Technologies (Information Technology) detracted from returns during the period. Latin American wireless communications company NII Holdings added fewer subscribers than expected in the third quarter, hurt by stiff competition and hurricanes in Mexico, sending shares lower. High-end retailer Coach lowered forecasted earnings due to slowing consumer traffic causing the company’s stock price to fall. Shares of Akamai Technologies, an internet-content delivery services company, fell on investor concerns regarding rising capital expenditures and increased competition. Also detracting from performance was retailer Circuit City (Consumer Discretionary). Circuit City, like many other retailers, was hurt by worries about the resiliency of the U.S. consumers. We maintained our position in all four securities at the end of the period.

What is the outlook?

On April 1, 2007, The Hartford Focus Fund changed its name to The Hartford Fundamental Growth Fund and Francis J. Boggan assumed responsibility as portfolio manager. At that time, the Fund’s investment strategy was modified to invest in a more diversified portfolio of large-cap stocks with a focus on high quality growth companies. The Fund will generally hold between 50-80 names. As a result, the Russell 1000 Growth Index was added as an additional benchmark of the Fund. Steven T. Irons, CFA and Peter I. Higgins, CFA are no longer involved in the management of the Fund.

At end of the period, the Fund’s bottom-up investment approach resulted in overweights (i.e. the Fund’s sector position was greater than the benchmark position) in Telecommunication Services, Consumer Discretionary, and Materials and underweights (i.e. the Fund’s sector position was less than the benchmark position) in Consumer Staples and Health Care.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		5.0	%
Capital Goods		3.3
Consumer Cyclical		14.8
Consumer Staples		2.9
Energy		8.7
Finance		11.3
Health Care		9.6
Services		4.8
Technology		34.1
Utilities		1.6
Short-Term Investments		17.1
Other Assets and Liabilities		(13.2	)
Total		100.0	%

26

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

Performance Overview(1) 10/31/00 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

MSCI All Country World Telecommunication Services Index is a free float-adjusted market capitalization index which measures the performance of companies within the telecommunications sector across both developed and emerging market countries. The index is calculated to exclude companies and share classes which cannot be freely purchased by foreigners.

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

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Global Communications A#		10/31/00		39.03	%		28.68	%		1.94	%
Global Communications A##		10/31/00		31.38	%		27.23	%		1.12	%
Global Communications B#		10/31/00		38.02	%		27.86	%		1.25	%
Global Communications B##		10/31/00		33.02	%		27.71	%		1.25	%
Global Communications C#		10/31/00		37.97	%		27.77	%		1.20	%
Global Communications C##		10/31/00		36.97	%		27.77	%		1.20	%
Global Communications Y#		10/31/00		39.58	%		29.37	%		2.42	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.
The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Management Team
Archana Basi, CFA	David Nincic, CFA
Vice President, Global Industry Analyst	Vice President, Global Industry Analyst

How did the Fund perform?

The Class A shares of The Hartford Global Communications Fund returned 39.03%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 41.97% for the MSCI All Country World Telecommunication Services Index and 14.58% for the S&P 500 Index. The Fund outperformed the 31.57% return of the average fund in the Lipper Telecommunications Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Telecommunication Services stocks performed well during the period, outpacing the broader market as represented by the S&P 500 Index (+14.58%) and the MSCI All Country World Index (+20.97%). Telecommunications have, in general, benefited from positive macro environments in emerging markets such as Russia, Africa and Latin America.

The fund benefited from a number of holdings in emerging markets countries, where demand for telecommunication services continues to grow. Top contributors to relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) performance during the period included Vimpel-Communications, Brasil Telecom and Millicom International Cellular. Russian wireless carrier Vimpel-Communications benefited from strong revenue growth, mostly due to favorable cost control and trends in average revenue per user (ARPU). Brasil Telecom saw its stock rise on the improvements in the overall Brazilian wireless market. In addition, investors became increasingly encouraged that political support existed to merge Brasil Telecom with Telemar Norte Leste. Millicom International was helped by strong fundamentals and its Columbian wireless business Tigo. Other stocks that contributed include Mobile Telesystems, Russia’s largest mobile-phone operator, AT&T, a global communications holding company, and MTN Group, the dominant African wireless services company.

However, relative gains in these names were more than offset by relative losses in a number of out-of-benchmark holdings. Stocks that detracted from relative and absolute performance included Nortel, NII Holdings and Comcast Corporation. Nortel Networks shares declined as

27

the market became increasingly concerned that telecom carriers, who are Nortel’s primary customers, may reduce their equipment spending. Earlier in the year, the company was late filing its 2006 annual report and also provided revenue guidance of flat to down. Both events put downward pressure on the stock. Shares of NII Holdings, a provider of digital wireless communication services, fell due to lower-than-expected Mexican subscriber adds. We remain confident in the fundamentals and continue to hold the position. Comcast Corporation was hurt by weak subscriber trends in phone and internet in the third quarter amid a drop in home sales. Other holdings that hurt performance include Arris Group, a global communications technology company specializing in the design and engineering of equipment for broadband networks and Metro PCS, a wireless communications provider. The Fund’s relative performance was also hurt by not holding Vodafone, the British communications provider whose shares were up significantly during the period.

What is the outlook?

The Fund’s stock selection focuses on companies with solid business fundamentals but which consensus opinion has misperceived as being weak. Because of the uncertainty and volatility surrounding the telecom sector, we believe that many such investing opportunities exist.

Using the approach described above, the Fund allocates its assets to selected areas or industries. Once these allocations are made, we envision low stock turnover as we monitor how well the industries perform. The key positions that the Fund is now taking include: wireless stocks will outperform wireline stocks and emerging market telecom stocks will outperform developed market telecom stocks.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Cable & Other Subscription Programming		2.8	%
Communications Equipment Manufacturing		6.1
Electrical Equipment Manufacturing — Component Other		0.8
Internet Providers & Web Search Port		1.5
Other Telecommunications		37.1
Wired Telecommunications Carriers		3.3
Wireless Communications Services		13.6
Wireless Telecommunications Carriers		32.2
Short-Term Investments		9.0
Other Assets and Liabilities		(6.4	)
Total		100.0	%

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Brazil		8.5	%
Canada		4.1
Egypt		3.2
France		8.2
Hong Kong		6.3
India		2.7
Indonesia		2.8
Israel		3.7
Luxembourg		6.1
Norway		4.8
Russia		12.5
South Africa		5.8
Spain		6.1
Turkey		4.9
United Kingdom		1.4
United States		16.3
Short-Term Investments		9.0
Other Assets and Liabilities		(6.4	)
Total		100.0	%

28

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

Performance Overview(1) 10/31/00 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

MSCI Finance ex Real Estate Index is a cap-weighted index that measures the performance of financial stocks from around the world. This index excludes real estate.

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

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Global Financial Services A#		10/31/00		8.42	%		14.35	%		6.66	%
Global Financial Services A##		10/31/00		2.46	%		13.06	%		5.80	%
Global Financial Services B#		10/31/00		7.75	%		13.57	%		5.93	%
Global Financial Services B##		10/31/00		2.75	%		13.33	%		5.93	%
Global Financial Services C#		10/31/00		7.57	%		13.50	%		5.88	%
Global Financial Services C##		10/31/00		6.57	%		13.50	%		5.88	%
Global Financial Services Y#		10/31/00		8.91	%		14.86	%		7.13	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Management Team
Mark T. Lynch, CFA
Senior Vice President, Partner,
Global Industry Analyst

How did the Fund perform?

The Class A shares of The Hartford Global Financial Services Fund returned 8.42%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 6.85% for the MSCI Finance ex-Real Estate Index and 14.58% for the S&P 500 Index. The Fund also outperformed the 0.35% return of the average fund in the Lipper Financial Services Funds peer group, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Mark T. Lynch assumed sole portfolio management responsibilities for the Fund, replacing Theodore E. Shasta, Jennifer L. Nettesheim and Andrew R. Heiskell. This transition was effective on December 15, 2006.

Why did the Fund perform this way?

The twelve-month period ending October 31, 2007 was one of the most volatile in recent history for the Financial sector. Financial stocks were at the epicenter of market turmoil as volatility stemmed from events in the sub-prime mortgage market, which led to tightening credit availability and deterioration in the U.S. housing market. In this environment, returns to the MSCI Finance ex-Real Estate Index during the period were led by the Insurance, Capital Markets and Commercial Bank industries, with the Thrifts & Mortgage Finance and Consumer Finance industries lagging.

Commercial Bank holdings contributed most to the Fund’s relative (i.e. performance of the Fund as measured against the benchmark) performance due to strong security selection. Stock selection was also strong in the Capital Markets and Insurance industries; however, these gains were partially offset by weaker selection within the Consumer Finance and Thrifts & Mortgage Finance industries.

Top contributors to relative and absolute (i.e. total return) performance included Julius Baer, Sterling Financial and Invesco. Shares in Julius Baer, a Swiss asset manager and private bank, rose on news of strong inflows and effective cost management, pushing margins higher. Good performance and execution should help perpetuate growth. During the period we established a position in Sterling Financial, a Pennsylvania based bank with a strong branch system in that area. The discovery of

29

fraud in one of its units left the bank in a weak position. Shortly thereafter Sterling was purchased for a premium by PNC Financial Services Group, elevating the stock price. Global asset manager Invesco has plans to move its primary listing from London to New York which has helped push its price higher. Invesco is poised to benefit from ongoing cost reduction initiatives as management consolidates decentralized back-office and marketing operations.

E*Trade Financial, Kensington Group and Countrywide Financial were among the top detractors to relative and absolute performance during the period. Shares of E*Trade, the retail brokerage and banking firm, were hurt as unexpected sub-prime and mortgage issues relating to the company began to surface. Additionally, expectations that it would benefit from consolidation in the online brokerage sector deflated when the company had to increase provisions for bad debts in its loan and securities book. Kensington Group, a U.K.-based lender who extends mortgage credit to “non-conforming” customers, suffered because of issues relating to the sub-prime mortgage market and the U.K. property market in general. In July, mortgage originator Countrywide Financial disclosed a large increase in defaults among sub-prime residential loans, resulting in an unanticipated liquidity crisis. The collapse of the mortgage market caused Countrywide to suffer as its asset quality deteriorated. We eliminated the position in Countrywide.

What is the outlook?

The past year has been extremely volatile and complex for the Financial sector. However, the disorder and turmoil caused by the sub-prime mortgage market and other structured vehicles has generated opportunities. We continue to focus on stocks with low P/Es (i.e. Price/Earnings ratio), opportunistically look for special situations, and avoid companies that are lacking strong customer franchises. At the end of the period we were overweight (i.e. the Fund’s sector position was greater than the benchmark position) the Capital Markets, Consumer Finance and Diversified Financials industries and most underweight (i.e. the Fund’s sector position was less than the benchmark position) Commercial Banks and Insurance.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Agencies, Brokerages, Other Insurance Act		5.0	%
Commercial Banking		9.8
Consumer Lending		1.9
Depository Credit Banking		22.9
Insurance Carriers		17.1
International Trade Financing (Foreign Banks)		20.1
Nondepository Credit Banking		7.5
Other Financial Investment Activities		4.9
Real Estate Credit (Mortgage Banking)		1.7
Securities, Commodities and Brokerage		5.5
Short-Term Investments		5.0
Other Assets and Liabilities		(1.4	)
Total		100.0	%

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Australia		2.9	%
Brazil		1.9
Canada		10.0
France		3.6
Germany		2.3
Italy		7.3
Japan		1.5
Liechtenstein		2.2
Netherlands		8.1
Norway		1.2
South Africa		1.9
Switzerland		11.3
United Kingdom		13.2
United States		29.0
Short-Term Investments		5.0
Other Assets and Liabilities		(1.4	)
Total		100.0	%

30

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

Performance Overview(1) 9/30/98 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

MSCI World Growth Index is a broad-based unmanaged market capitalization-weighted total return index which measures the performance of growth securities in 23 developed-country global equity markets including the U.S., Canada, Europe, Australia, New Zealand and the Far East.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Global Growth A#		9/30/98		35.85	%		18.86	%		12.01	%
Global Growth A##		9/30/98		28.37	%		17.52	%		11.32	%
Global Growth B#		9/30/98		34.81	%		17.97	%	NA		*
Global Growth B##		9/30/98		29.81	%		17.76	%	NA		*
Global Growth C#		9/30/98		34.94	%		18.05	%		11.25	%
Global Growth C##		9/30/98		33.94	%		18.05	%		11.25	%
Global Growth R3#		9/30/98		35.72	%		19.39	%		12.55	%
Global Growth R4#		9/30/98		36.09	%		19.45	%		12.58	%
Global Growth R5#		9/30/98		36.40	%		19.51	%		12.61	%
Global Growth Y#		9/30/98		36.61	%		19.54	%		12.63	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	Inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Global Growth Fund returned 35.85%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the MSCI World Growth Index, which returned 24.44% for the same period. The Fund also outperformed the 25.19% return of the average fund in the Lipper Global Large Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the fund.

During the twelve-month period ended October 31, 2007, Matthew D. Hudson, CPA replaced Andy S. Offitt, CPA as lead portfolio manager for the Fund. This transition was effective on June 1, 2007.

Why did the Fund perform this way?

Global equity markets posted strong returns during the period despite the volatility that emerged in the latter part of the period due to concerns associated with the U.S. sub-prime mortgage market. Growth stocks outperformed their value counterparts as measured by the Russell 1000 Growth Index, which returned (+19%) versus the Russell 1000 Value Index return of (+11%). Non-U.S. markets (+21%) generally outperformed the U.S. (+15%) as measured by the MSCI World Growth Index and S&P 500 Index, respectively. Every sector in the MSCI World Growth Index rose. Materials (+52%), Energy (+43%), and Utilities (+39%) led returns, while Health Care (+6%), Consumer Discretionary (+13%), and Financials (+15%) trailed the broader market.

Security selection was positive in eight of the ten broader sectors and the main driver of outperformance relative (i.e. performance of the Fund as measured against the benchmark) to the MSCI World Growth Index during the period. Stock selection was strongest in the Information Technology, Industrials, and Financials sectors, slightly offset by weaker performance in Consumer Discretionary and Telecommunication Services. Sector allocation decisions, a result of bottom-up stock selection, had a modest negative impact on relative returns. Detracting from returns were our underweight (i.e. the Fund’s sector position was less than the benchmark position) allocations to the stronger performing Materials and Industrials sectors along with an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the weaker performing Financials sector. This was partially offset by underweight positions in Consumer

31

Discretionary and Health Care and an overweight in Telecommunication Services.

The leading contributors to relative performance during the year were Nintendo (Information Technology), Research in Motion (Information Technology), and Cia Vale do Rio Doce (“CVRD”; Materials). Japanese video game developer Nintendo continues to experience positive sales trends for its gaming console the Wii. The addressable market is larger than expected due to product’s ease of use. Consumer electronic device company Research in Motion moved higher with expectations of market share gains. Diversified Brazilian metals and mining company CVRD shares moved sharply higher as spot iron ore prices in China continue to soar. Las Vegas Sands (Consumer Discretionary) continued to be among the top absolute (i.e. total return) contributors during the period. A developer and operator of hotel, gaming, and resort businesses, Las Vegas Sands’ successful opening of a casino in Macau, China increased investor’s optimism for the company’s growth opportunities around the world. We continued to hold all of these names as of the end of the period.

Performance was hurt by our holdings in Comcast (Consumer Discretionary), Rakuten (Consumer Discretionary), and Orix
(Financials) in both relative and absolute terms. Shares in Comcast, an operator of cable, internet, and phone services, fell as the company reported that it lost more subscribers than expected. We continue to hold the security. Japanese online retailer and brokerage firm Rakuten reported first quarter results that were below expectations, due to higher overhead costs. The brokerage and credit business segments also performed below expectations. We eliminated our position. Shares of the Japanese financial services company Orix fell due to disappointing earnings and its modest exposure to the U.S. sub-prime mortgage market. We eliminated our holding in the security.

What is the outlook?

As a result of bottom up fundamental research, the Fund’s largest overweight positions at the end of the period were Information Technology, Financials, and Energy. Within Technology we favor software & services companies Google and Electronic Arts, which are among our top holdings. Consumer Staples, Health Care, and Consumer Discretionary continue to be the Fund’s largest underweight positions. Within Consumer Discretionary, we continue to underweight companies with large exposure to U.S. consumers as we believe that discretionary consumer spending may slow further in the U.S.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		7.1	%
Capital Goods		4.2
Consumer Cyclical		8.6
Consumer Staples		4.3
Energy		6.7
Finance		14.0
Health Care		8.5
Services		6.2
Technology		32.0
Transportation		2.5
Utilities		3.3
Short-Term Investments		9.6
Other Assets and Liabilities		(7.0	)
Total		100.0	%

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Austria		1.1	%
Bermuda		0.9
Brazil		2.1
Canada		4.5
China		4.8
Finland		1.8
France		5.5
Germany		4.5
Greece		1.0
Hong Kong		0.8
Ireland		2.2
Japan		5.0
Luxembourg		1.7
Mexico		1.0
Netherlands		1.0
South Korea		1.1
Spain		1.3
Switzerland		4.7
Taiwan		1.3
United Kingdom		10.0
United States		41.1
Short-Term Investments		9.6
Other Assets and Liabilities		(7.0	)
Total		100.0	%

32

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

Performance Overview(1) 5/01/00 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

S&P GSSI Health Care Index is an unmanaged index designed to measure the performance of companies in the health care sector. Issues in the index include providers of health care related services including long-term care and hospitalization facilities, health care management organizations and continuing care services.

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

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Global Health A#		5/01/00		9.96	%		14.63	%		12.42	%
Global Health A##		5/01/00		3.91	%		13.35	%		11.57	%
Global Health B#		5/01/00		8.92	%		13.77	%		11.57	%
Global Health B##		5/01/00		3.92	%		13.53	%		11.57	%
Global Health C#		5/01/00		9.11	%		13.80	%		11.60	%
Global Health C##		5/01/00		8.11	%		13.80	%		11.60	%
Global Health I#		5/01/00		10.48	%		14.77	%		12.50	%
Global Health R3#		5/01/00		9.61	%		15.01	%		12.91	%
Global Health R4#		5/01/00		10.00	%		15.09	%		12.96	%
Global Health R5#		5/01/00		10.23	%		15.14	%		12.99	%
Global Health Y#		5/01/00		10.45	%		15.19	%		13.02	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Management Team
Joseph H. Schwartz, CFA	Ann C. Gallo	Robert L. Deresiewicz
Senior Vice President, Partner	Senior Vice President, Partner	Vice President
Global Industry Analyst	Global Industry Analyst	Global Industry Analyst
Jean M. Hynes, CFA	Kirk J. Mayer, CFA
Senior Vice President, Partner	Vice President
Global Industry Analyst	Global Industry Analyst

How did the Fund perform?

The Class A shares of The Hartford Global Health Fund returned 9.96%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 11.67% for the Goldman Sachs Health Care Index and 14.58% for the S&P 500 Index. The Fund also underperformed the 12.98% return of the average fund in the Lipper Health and Biotechnology peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The Health Care sector lagged the broader markets, as represented by the S&P 500 Index (+14.6%) and the MSCI World Index (+21%). Within the Goldman Sachs Health Care Index, Life Sciences Tools & Services (+32%), Health Care Equipment & Supplies (+19%) and Health Care Providers & Services (+18%) were the strong performers while Biotechnology (+3%) and Health Care Technology (+7%) were the laggards.

The Fund’s underperformance versus its benchmark during the period reflected adverse allocation among industries which was only partially offset by positive stock selection. The Fund was hurt on a relative (i.e. performance of the Fund as measured against the benchmark) basis by its underweights (i.e. the Fund’s sector position was less than the benchmark position) in Life Sciences Tools & Services, Health Care Providers and Health Care Equipment & Suppliers.

33

Eisai and Shionogi were the top detractors from relative performance during the period. The Fund’s relative performance was also hurt by an underweight in Merck, a large pharmaceutical company, whose shares rose during the period. Eisai, a Japanese pharmaceutical company, encountered delays in developing replacements for its best-selling Alzheimer’s drug and setbacks in breast cancer and anti-ulcer drugs. Shionogi, another Japanese pharmaceutical company, has the strongest growth profile among the major pharmas, but investors were disappointed in April by management’s lower sales guidance that we believe is too conservative. While both of these companies have underperformed in the last few months, we still believe in their fundamentals and growth potential and maintain our positions.

Schering Plough, a global science-based healthcare company, and MGI Pharma, a biopharmaceutical company focused in oncology and acute care, were top contributors on a relative and absolute (i.e. total return) basis. Relative performance also benefited from not holding Pfizer and biotech firm Genentech and by an underweight position in biotech firm Amgen, all of which fell. Schering-Plough’s shares benefited from a strong pipeline and R&D success with a number of products. MGI Pharma shares got a boost from strong products such as Aloxi, used in chemotherapy treatment, and Dacogen, used in leukemia treatment. Pharmaceutical company Abbott Laboratories was also a contributor to absolute performance. The business remains in solid shape led by Humira, a type of anti-inflammatory drug, and has an interesting pharmaceutical pipeline with compounds for Hepatitis C, cancer, and a next generation Humira drug.

What is the outlook?

We continue to look for companies with stable or improving fundamentals at attractive valuations, while taking advantage of market opportunities to upgrade the Fund’s portfolio with those stocks that have the best ratio of revenue growth relative to market capitalization. As a result, we continuously seek to add good companies on price weakness and trim into strength. Within the Health Care Providers & Services industry, although stocks generally appear to be fairly valued, investors seeking defensive holdings in anticipation of an economic slowdown could drive further appreciation. The market continues to digest the implications of a Democrat-controlled Congress and election year rhetoric, which will likely result in volatility in the near-term and provide us with opportunities to add companies at attractive entry points. Companies with less direct exposure to Medicare/Medicaid, health insurers, and distributors continue to be attractive based on our approach. Within the Health Care Equipment & Supplies industry, most stocks appear fairly valued. However, we continue to look for companies with underappreciated franchises or promising R&D projects.

We remain overweight (i.e. the Fund’s sector position was greater than the benchmark position) the Biotechnology industry as significant potential exists for reduced cost structures and new product pipelines provide upside potential. Despite weak recent stock performance, Japanese companies remain very attractive due to their strong cash balances and attractive new product pipelines.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Data Processing Services		0.4	%
Drugs & Druggists Sundries Wholesalers		2.1
Electromedical Manufacturing		7.5
General Medical and Surgical Hospitals		1.5
Health and Personal Care Stores		1.0
Insurance Carriers		7.9
Medical and Diagnostic Laboratories		0.7
Medical Equipment & Supplies Manufacturing		6.7
Other Ambulatory Health Care Services		0.2
Pharmaceutical & Medicine Manufacturing		58.9
Professional Services — Computer System Design and Related		0.9
Scientific Research & Development Services		9.6
Short-Term Investments		18.0
Other Assets and Liabilities		(15.4	)
Total		100.0	%

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Belgium		2.0	%
Brazil		0.5
China		0.1
Denmark		0.4
France		3.8
Germany		2.0
Ireland		2.4
Israel		1.4
Italy		0.7
Japan		10.5
Spain		0.6
Switzerland		0.7
United Kingdom		2.3
United States		70.0
Short-Term Investments		18.0
Other Assets and Liabilities		(15.4	)
Total		100.0	%

34

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

Performance Overview(1) 5/01/00 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

S&P GSTI Technology Index is an unmanaged index designed to measure performance of companies in the technology sector. Issues in the index include producers of sophisticated devices, services and software related to the fields of computers, electronics, networking and Internet services.

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

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Global Technology A#		5/01/00		27.51	%		19.38	%		-4.32	%
Global Technology A##		5/01/00		20.50	%		18.04	%		-5.04	%
Global Technology B#		5/01/00		26.62	%		18.58	%		-5.01	%
Global Technology B##		5/01/00		21.62	%		18.38	%		-5.01	%
Global Technology C#		5/01/00		26.30	%		18.48	%		-5.06	%
Global Technology C##		5/01/00		25.30	%		18.48	%		-5.06	%
Global Technology Y#		5/01/00		28.01	%		19.86	%		-3.94	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Management Team
Scott E. Simpson	Eric C. Stromquist	Anita M. Killian, CFA
Senior Vice President, Partner	Senior Vice President, Partner	Vice President
Global Industry Analyst	Global Industry Analyst	Global Industry Analyst
John F. Averill, CFA	Bruce L. Glazer
Senior Vice President, Partner	Senior Vice President, Partner
Global Industry Analyst	Global Industry Analyst

How did the Fund perform?

The Class A shares of The Hartford Global Technology Fund returned 27.51%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 29.08% for the Goldman Sachs Technology Composite Index, and 14.58% for the S&P 500 Index. The Fund also underperformed the 28.64% return of the average fund in the Lipper Science and Technology Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Technology stocks performed well during the twelve-month period ended October 31, 2007, and were ahead of the broader market, as measured by the MSCI World Index (+21%) and the S&P 500 Index (+14.6%).

Stock selection was weakest in the Semiconductors & Semiconductor Equipment industry. The Fund’s relative (i.e. performance of the Fund as measured against the benchmark) performance was also hurt by an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the lagging Semiconductors & Semiconductor Equipment industry and an underweight (i.e. the Fund’s sector position was less than the benchmark position) to the surging Computers & Peripherals industry. However, strong security selection within the Computers & Peripherals, Internet Software & Services and Communications Equipment industries helped performance.

Trident Microsystems, Robert Half International and SOITEC were among the top detractors from relative and absolute (i.e. total return) performance. Trident Microsystems, a digital media company, suffered

35

from a weak third quarter report and forecasted declining sales in its major business markets putting downward pressure on the stock. Robert Half, a global provider of specialized staffing and risk consulting services, suffered as the outlook for the U.S. employment market worsened. SOITEC, a silicon-on-insulator wafer supplier, suffered from weak sales and a soft U.S. dollar.

Google, Nokia, Research in Motion and Redback Networks were among the top contributors to relative and absolute performance during the period. Google generated solid share gains in the web search market and announced innovative updates for its integrated search platform. Google has made a number of acquisitions throughout the year and is also working on a phone to compete with the iPhone. Nokia is the leading cell phone designer and manufacturer in the world. Several successful new models and an aggressive cost control program enabled Nokia to deliver exceptionally strong results during the period. Nokia continues to gain share of the handset market, with sales in emerging markets leading its growth. Research in Motion, a consumer electronic device company and maker of the Blackberry, moved higher during the period. The stock rallied because of strong demand for its Curve, 8800, 8700, and Pearl devices, which are driving sales and earnings faster than expected. As a result, we took profits and eliminated the position. Redback Networks provides edge routers and other equipment that telecommunications companies and Internet service providers use to deliver broadband services to their subscribers and was a top relative contributor. Redback Networks was bought by Ericsson in late 2006 elevating the stock price and we eliminated the position on this strength.

What is the outlook?

The turmoil generated by the sub-prime mortgage market and the subsequent uncertainty surrounding financial markets led to a shift in market sentiment during the period. Although we recognize the potential for a slow down in the U.S. economy, we continue to see solid growth in the rest of the world. While U.S. enterprise spending is soft, worldwide enterprise spending remains strong. Information Technology spending in the Asia-Pacific region is growing at around 9% per year according to the International Data Group and China is already the third largest purchaser of technology products. On the consumer side, demand for feature-rich phones including music phones and smart phones, as well as the continued transition to 3G, remains strong and should drive revenue higher for select handset and component manufacturers. We continue to focus on high quality, high margin and free cash flow generating businesses.

At the end of the period our largest holdings were in Google, IBM and Electronic Arts, an interactive game software company. Other notable positions include Microsoft and Qualcomm, a provider of digital wireless telecommunication products and services. At the end of the period the Fund was most overweight the Semiconductors & Semiconductors Equipment and IT Services industries and most underweight the Computers & Peripherals and Software industries.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Activities Related to Credit Banking		2.6	%
Business Support Services		1.1
Communications Equipment		10.1
Computer and Peripheral		20.0
Electrical Equipment Manufacturing — Component Other		4.0
Employment Services		2.6
Industrial Machinery		1.3
Industrial Machinery and Equipment Rental and Lease		0.7
Internet Providers & Web Search Port		0.7
Internet Publishing and Broadcasting		1.3
Management, Scientific, and Technical Consulting Services		2.5
On-Line Information Services		9.4
Other Investment Pools and Funds		2.8
Professional & Commercial Equipment		2.0
Professional Services — Accounting, Tax Prep, Payroll		0.2
Professional Services — Computer System Design and Related		4.5
Securities and Commodity Exchanges		0.0
Securities, Commodities and Brokerage		0.0
Semiconductor, Electronic Component Manufacturing		15.2
Semiconductor, Electronic Components		1.5
Software Publishers		14.7
Wireless Communications Services		0.7
Short-Term Investments		10.6
Other Assets and Liabilities		(8.5	)
Total		100.0	%

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Austria		0.9	%
Finland		1.0
France		0.7
Netherlands		2.3
Switzerland		0.5
Taiwan		3.8
United Kingdom		0.7
United States		88.0
Short-Term Investments		10.6
Other Assets and Liabilities		(8.5	)
Total		100.0	%

36

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

Performance Overview(1) 5/28/04 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Growth Allocation A#		5/28/04		19.35	%		13.28	%
Growth Allocation A##		5/28/04		12.78	%		11.42	%
Growth Allocation B#		5/28/04		18.40	%		12.53	%
Growth Allocation B##		5/28/04		13.40	%		11.87	%
Growth Allocation C#		5/28/04		18.44	%		12.54	%
Growth Allocation C##		5/28/04		17.44	%		12.54	%
Growth Allocation I#		5/28/04		19.71	%		13.41	%
Growth Allocation R3#		5/28/04		18.93	%		13.16	%
Growth Allocation R4#		5/28/04		19.35	%		13.28	%
Growth Allocation R5#		5/28/04		19.59	%		13.35	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Growth Allocation Fund gained 19.35%, before sales charge, for the twelve-month period ended October 31, 2007, versus the 13.90% return of the Lipper Mixed-Asset Target Allocation Growth Funds category, 5.38% for the Lehman Brothers U.S. Aggregate Bond Index, and 14.58% for the S&P 500 Index.

Effective August 1, 2007, Hartford Investment Management Company was added as a subadviser to the Fund.

Why did the Fund perform this way?

The Fund’s structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund’s target asset allocation is set at approximately 80% equity and 20% fixed-income. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

On the fixed-income side, yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial mortgage-backed securities (“CMBS”) were the worst. The fixed-

37

income allocation is structured around three fixed-income indices. For the year, the best performer was the Lehman Brothers U.S. TIPS (Treasury Inflation Protected Securities) Index (up 6.33%); followed by the Lehman Brothers 1-3 Year Government Index (up 5.73%); and the Lehman Brothers U.S. Aggregate Bond Index (up 5.38%). Consequently, the Fund benefited from its allocation to TIPS and short-term bonds, which outperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation, and a decent employment picture should prove supportive of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008.

We continue to believe that the economy is on a solid, albeit softer path, which will help to sustain good performance for fixed income spread products. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to seek outperformance by focusing on our disciplined long-term approach of asset allocation. We will also look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		24.0	%
The Hartford Disciplined Equity Fund, Class Y		3.5
The Hartford Equity Income Fund, Class Y		4.8
The Hartford Global Growth Fund, Class Y		6.8
The Hartford Growth Opportunities Fund, Class Y		4.2
The Hartford Income Fund, Class Y		0.8
The Hartford Inflation Plus Fund, Class Y		3.4
The Hartford International Opportunities Fund, Class Y		5.3
The Hartford International Small Company Fund, Class Y		5.1
The Hartford Select MidCap Value Fund, Class Y		2.3
The Hartford Select SmallCap Value Fund, Class Y		4.7
The Hartford Short Duration Fund, Class Y		5.6
The Hartford Small Company Fund, Class Y		4.0
The Hartford Stock Fund, Class Y		0.0
The Hartford Total Return Bond Fund, Class Y		9.8
The Hartford Value Fund, Class Y		15.6
Other Assets and Liabilities		0.1
Total		100.0	%

38

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

Performance Overview(1,2) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(1,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Growth A#		6/08/49		23.92	%		13.94	%		7.59	%		11.20	%
Growth A##		6/08/49		17.11	%		12.66	%		6.99	%		11.09	%
Growth B#		11/14/94		23.02	%		13.10	%	NA		*	NA		*
Growth B##		11/14/94		18.02	%		12.85	%	NA		*	NA		*
Growth C#		11/14/94		23.10	%		13.17	%		6.83	%		9.42	%
Growth C##		11/14/94		22.10	%		13.17	%		6.83	%		9.42	%
Growth I#		2/19/02		24.37	%		14.04	%	NA				8.31	%
Growth L#		6/08/49		24.22	%		14.27	%		7.76	%		11.23	%
Growth L##		6/08/49		18.32	%		13.17	%		7.24	%		11.14	%
Growth R3#		2/19/02		23.72	%		14.37	%	NA				8.19	%
Growth R4#		2/19/02		24.06	%		14.43	%	NA				8.24	%
Growth R5#		2/19/02		24.35	%		14.48	%	NA				8.29	%
Growth Y#		2/19/02		24.52	%		14.51	%	NA				8.31	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Classes A, B and C were offered beginning on 2/19/02. Performance prior to that date is that of the fund’s Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. (Classes M and N are no longer offered.) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(2)	Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(3)	The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Portfolio Management
Andrew J. Shilling	John A. Boselli, CFA
Senior Vice President, Partner	Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford Growth Fund returned 23.92%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the Russell 1000 Growth Index, which returned 19.23% for the same period. The Fund also outperformed the 22.03% return of the average fund in the Lipper Large-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The market’s robust returns during the twelve-month period reflected a change in leadership as investors began to favor growth stocks over their value counterparts. The Russell 1000 Growth Index’s 19.23% return was nearly double the 10.83% return of the Russell 1000 Value Index. Large stocks, as measured by the Russell 1000 Index, outpaced smaller stocks, represented by the Russell 2000 Index, 15.03% to 9.27%. Every sector in the Russell 1000 Growth Index rose, led by Materials (+48%), Energy (+38%), and Information Technology (+29%). The laggards in this environment were Consumer Discretionary stocks (+4%) and Telecommunication Services companies (+5%).

The Fund’s outperformance was driven primarily by security selection. Sector allocation, a result of bottom-up stock selection, was also additive to relative (i.e. performance of the Fund as measured against the benchmark) performance, largely due to overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in strong Materials and Information Technology stocks and an underweight (i.e. the Fund’s sector position was less than the benchmark position) in lagging Consumer Discretionary stocks. Selection was particularly strong in the Materials and Industrials

39

sectors. Top contributors to relative returns included Cia Vale do Rio Doce (“CVRD”; Materials), Fluor (Industrials), and Potash (Materials). Brazilian metals and mining company CVRD’s shares moved sharply higher on strength in iron ore prices. The firm is benefiting from solid iron ore fundamentals as strong Chinese demand sustains tight capacity and a favorable pricing environment. Engineering and construction company Fluor reported solid earnings, led by strength in oil and gas, power generation, and infrastructure projects. Fluor remains favorably positioned with a healthy project pipeline and a series of large contract wins. Canadian agricultural products firm Potash reported record earnings as increasing demand resulted in tight global capacity utilization rates at potash producers. Limited industry expansion plans provide a favorable outlook for near-term fundamentals. Top absolute (i.e. total return) contributors during the period included pharmaceutical company Schering-Plough, consumer electronics company Apple, networking firm Cisco, and search giant Google.

Network Appliance (Information Technology), Nasdaq Stock Market (Financials), and Kohl’s (Consumer Discretionary) were among the top detractors from relative performance during the period. Network Appliance, a supplier of storage and data management solutions, is facing slowing growth targets and a potentially sluggish outlook for enterprise spending. We reduced our position. Nasdaq Stock Market’s shares were impacted by renewed competitive pressures and volatility around the failed London Stock Exchange deal. We eliminated our position. Specialty department store company Kohl’s saw its shares decline with disappointing same-store-sales trends and investor concerns about overall consumer spending. We believe that new store growth and margin expansion opportunities could benefit the shares going forward and maintain a position in the stock. Top detractors from absolute returns included communications company Motorola, cable provider Comcast, and software firm Akamai.

What is the outlook?

Our investment approach is very much a “bottom-up” process: we pick one stock at a time based upon the attractiveness of each company’s valuation and fundamentals. As a result of this bottom-up stock picking, we were most overweight Information Technology and Industrials at the end of the period. Significant Information Technology holdings included software companies Oracle and Electronic Arts. Our Industrials positions favor capital goods companies such as General Dynamics and Danaher. We remain underweight consumer stocks broadly, although we increased our exposure to Consumer Discretionary stocks during the period through purchases of select retailers including Kohl’s and Staples. We also moved from an overweight to an underweight position in Health Care during the period, as we eliminated our positions in device company Medtronic, insurer UnitedHealth, and pharmaceutical firms AstraZeneca and Sanofi-Aventis.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		8.0	%
Capital Goods		6.2
Consumer Cyclical		5.8
Consumer Staples		2.0
Energy		6.7
Finance		8.4
Health Care		9.4
Services		12.6
Technology		35.0
Transportation		2.7
Utilities		1.1
Short-Term Investments		7.1
Other Assets and Liabilities		(5.0	)
Total		100.0	%

40

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

Performance Overview(1,2) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

Russell 3000 Growth Index is an unmanaged index that measures the performance of those Russell 3000 Index companies with higher price-to-book ratios and higher forecasted growth values.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks capital appreciation.

Average Annual Total Returns(1,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Growth Opp A#		3/31/63		40.39	%		23.66	%		11.17	%		13.45	%
Growth Opp A##		3/31/63		32.66	%		22.27	%		10.55	%		13.31	%
Growth Opp B#		11/14/94		39.29	%		22.74	%	NA		*	NA		*
Growth Opp B##		11/14/94		34.29	%		22.57	%	NA		*	NA		*
Growth Opp C#		11/14/94		39.40	%		22.79	%		10.38	%		12.23	%
Growth Opp C##		11/14/94		38.40	%		22.79	%		10.38	%		12.23	%
Growth Opp I#		2/19/02		40.89	%		23.76	%	NA				15.26	%
Growth Opp L#		3/31/63		40.77	%		24.01	%		11.34	%		13.49	%
Growth Opp L##		3/31/63		34.09	%		22.81	%		10.80	%		13.37	%
Growth Opp R3#		2/19/02		40.18	%		24.12	%	NA				15.06	%
Growth Opp R4#		2/19/02		40.72	%		24.21	%	NA				15.14	%
Growth Opp R5#		2/19/02		40.93	%		24.25	%	NA				15.17	%
Growth Opp Y#		2/19/02		41.07	%		24.28	%	NA				15.19	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Classes A, B and C were offered beginning on 2/19/02. Performance prior to that date is that of the fund’s Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. (Classes M and N are no longer offered.) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(2)	Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(3)	The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

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

How did the Fund perform?

The Class A shares of The Hartford Growth Opportunities Fund returned 40.39%, before sales charge, for the twelve-month period ended October 31, 2007, versus the returns of 19.00% for the Russell 3000 Growth Index and 19.23% for the Russell 1000 Growth Index. The Fund also outperformed the 24.19% return of the average fund in the Lipper Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

As measured by the Russell 3000 Growth Index, equity markets ended broadly higher for the fifth fiscal year in a row, despite significant volatility during the summer. Every sector in the benchmark posted positive returns for the period, led by a disparate group of sectors: Materials (+48%), Energy (35%), Information Technology (29%), and Utilities (25%). The laggards in this environment were Consumer Discretionary (+5%) and Telecommunications Services (+6%).

The Fund outperformed its benchmark by maintaining its focus on stock selection. Stock selection was strong in eight of ten economic sectors, particularly in Information Technology, Materials and Consumer

41

Discretionary. Sector weightings, the result of bottom-up stock selection decisions, were also additive to relative (i.e. performance of the Fund as measured against the benchmark) performance, primarily due to an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the Materials sector.

Potash (Materials), Research In Motion (Information Technology) and Foster Wheeler (Industrials) were the top contributors to relative and absolute (i.e. total return) performance during the period. Canadian agricultural products firm Potash reported record earnings, as increasing end-market demand resulted in tight global capacity utilization rates at potash producers. Limited industry expansion plans provide a favorable outlook for near-term fundamentals. Shares of Canadian communications device company Research In Motion moved higher with expectations of market share gains because of strong demand for its Curve, 8800, 8700, and Pearl devices, which are driving sales and earnings faster than expected. Global engineering and construction services company Foster Wheeler benefited from robust demand for energy and infrastructure projects, leading to attractive high-margin new project bookings. The company has significant exposure to fast-growing, international end markets. We continued to hold all three stocks at period-end. Other top contributors to relative and absolute returns included Brazilian mining company Cia Vale do Rio Doce and Chinese advertising firm Focus Media.

Network Appliance (Information Technology), Kohl’s (Consumer Discretionary), and Nasdaq Stock Market (Financials) were among the top detractors from relative performance during the period. Network Appliance, a supplier of storage and data management solutions, is facing slowing growth and a potentially sluggish outlook for enterprise spending. We eliminated the position. Specialty department store company Kohl’s saw its shares decline with disappointing same-store-sales trends and investor concerns about overall consumer spending. We believe that new store growth and margin expansion opportunities could benefit the shares going forward and maintain a position in the stock. Nasdaq Stock Market’s shares declined as a result of renewed competitive pressure from BATS Trading Inc.’s alternative trading platform, in addition to noise around the failed London Stock Exchange deal. We eliminated our position. Other detractors from relative and absolute results included financial firm E*Trade Financial, pharmaceuticals companies AtheroGenics and Shionogi, and retailer Children’s Place.

What is your outlook?

While global economic growth appears to be on track, there clearly has been a deceleration in the U.S. Overall, the inflation picture is mixed, as the recovery in oil prices and increases in grain prices augur increased pressure on inflation and interest rates. The biggest negative in the economy is housing, which was overbuilt and is in the process of correcting.

Positioning within the Fund is determined by fundamental, stock-by-stock research. At the end of the period, the Fund was most overweight in the Materials sector and most underweight (i.e. the Fund’s sector position was less than the benchmark position) Consumer Staples and Financials stocks.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		12.4	%
Capital Goods		2.1
Consumer Cyclical		7.2
Consumer Staples		0.9
Energy		8.3
Finance		6.0
Health Care		12.5
Services		9.0
Technology		30.8
Utilities		3.2
Short-Term Investments		27.6
Other Assets and Liabilities		(20.0	)
Total		100.0	%

42

The Hartford High Yield Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 9/30/98 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Lehman Brothers High Yield Corporate Index is an unmanaged broad-based market value-weighted index that tracks the total return performance of non-investment grade, fixed-rate, publicly placed, dollar denominated and nonconvertible debt registered with the SEC.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
High Yield A#		9/30/98		7.36	%		10.79	%		5.24	%
High Yield A##		9/30/98		2.53	%		9.78	%		4.71	%
High Yield B#		9/30/98		6.56	%		9.99	%	NA		*
High Yield B##		9/30/98		1.56	%		9.71	%	NA		*
High Yield C#		9/30/98		6.63	%		10.06	%		4.54	%
High Yield C##		9/30/98		5.63	%		10.06	%		4.54	%
High Yield I#		9/30/98		7.65	%		10.85	%		5.27	%
High Yield R3#		9/30/98		7.33	%		11.19	%		5.63	%
High Yield R4#		9/30/98		7.60	%		11.25	%		5.66	%
High Yield R5#		9/30/98		7.82	%		11.29	%		5.68	%
High Yield Y#		9/30/98		7.96	%		11.32	%		5.70	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	Inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class I shares commenced operations on 5/31/07. Performance prior to 5/31/07 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford High Yield Fund gained 7.36%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers High Yield Corporate Index, which gained 6.73%, and the 6.22% average return of the Lipper High Yield Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Issuer and security selection proved to be the dominant factors in the Fund’s performance over the last year. Within the Technology sector, the Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) to CompuCom Systems Inc. drove a considerable amount of our benchmark relative (i.e. performance of the Fund as measured against the benchmark) return (contributing 18 basis points), as the company was purchased by a private equity group which subsequently purchased our bonds at a substantial premium. The Health Care sector was another highlight in terms of benchmark relative returns: holdings of HCA, Inc. performed particularly well (accounting for 20 basis points of the Fund’s return), as the twelve-month anniversary date of the completion of the company’s leveraged buy-out wound up with its operating metrics in very solid shape.

Profit taking on our Intelsat Ltd. positions in the first half of the year benefited the portfolio’s relative return, as the company announced a leveraged recapitalization in June that subsequently caused its bond price to drop. Also of particular note during the period was the 32 basis points of return contributed through the receipt of a cash settlement from the underwriters of WorldCom’s debt securities arising out of securities law settlements.

On the negative side, the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) to the supermarket sector cost the portfolio 11 basis points. Specifically, over a year ago we exited our holdings in Delhaize Group and Royal Ahold N.V. due to the

43

fact that they were relatively low yielding credits, even when taking into consideration their positive credit trajectory. Nevertheless, these two credits continued to appreciate in value as their credit ratings migrated up to investment grade status. A similar dynamic within the gas pipeline sector also occurred, which translated into our allocation to the sector contributing 10 basis points less to the portfolio’s return than an index neutral position. During the volatility experienced over the last year, we did add to our exposure to Williams Companies, Inc. and El Paso Corporation on weakness, but we remained underweight to these two relatively low yielding companies, which ultimately outperformed the broader market due to their “safe haven” status.

What is your outlook?

Our business cycle analysis suggests that we are at the beginning of the Federal Open Market Committee’s (“the Fed”) easing cycle, a period where risky sectors typically outperform. Spreads for below investment grade corporates have increased to the wide end of the recent range, making them more attractive at these valuations.

The trailing twelve-month default rate remains well below 2%, the lowest level since 1995. While the default rate can be expected to tick up from here, it is expected to remain well below the long-term historical average of 5%. The market is currently doing a better job at discriminating between good and bad credits; this provides opportunities to add new high yield investments, though we will be very issuer specific when doing so. As always, our focus remains on strict credit underwriting and a careful balance between risk and return.

In the context of the current environment, the fact that the problems in the residential mortgage market as well as in broad swathes of the structured market (most notably the structured investment vehicles market (“SIV”) and asset-backed security/collateralized debt obligation market (ABS/CDO)) have still not been resolved leads us to temper our risk tolerance. As long as the major financial institutions are experiencing an increasing amount of charge-offs related to these exposures, there are fewer sources of liquidity for those companies in need. This raises the concern that liquidity issues could spark a larger than expected rise in defaults.

Many companies still have fresh memories of the last downturn in the credit cycle and therefore have done a much better job of managing their finances in order to ensure that they can survive a period of volatility in the credit markets. Given the fact that underwriting standards were generally easing from the beginning of 2003 until this past June, however, there are some credits that will be entering the “zone of insolvency” as credit and economic conditions tighten. As always, ensuring that we avoid the issuers that are on this track will be our main objective for the foreseeable future.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		0.3
BBB		0.4
BB		18.0
B		52.5
CCC		24.7
C		0.0
Not Rated		4.1
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		11.2	%
Capital Goods		2.5
Consumer Cyclical		12.4
Consumer Staples		1.0
Energy		4.9
Finance		14.7
Health Care		4.9
Services		19.8
Technology		15.9
Transportation		2.1
Utilities		9.3
Short-Term Investments		16.9
Other Assets and Liabilities		(15.6	)
Total		100.0	%

44

The Hartford High Yield Municipal Bond Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 5/31/07 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		Since
	Date		Inception
High Yield Municipal Bond A#		5/31/07		-3.41	%
High Yield Municipal Bond A##		5/31/07		-7.76	%
High Yield Municipal Bond B#		5/31/07		-3.71	%
High Yield Municipal Bond B##		5/31/07		-8.44	%
High Yield Municipal Bond C#		5/31/07		-3.71	%
High Yield Municipal Bond C##		5/31/07		-4.66	%
High Yield Municipal Bond I#		5/31/07		-3.21	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and I shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Charles Grande	Christopher Bade
Executive Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford High Yield Municipal Bond Fund lost 3.41%, before sales charge, for the period from inception on May 31, 2007 through October 31, 2007, versus its benchmark, the Lehman Brothers Municipal Non-Investment Grade Debt Index, which lost 1.12%, and the Lipper High Yield Municipal Funds category, a group of funds with investment strategies similar to those of the Fund, which lost 1.76%.

Why did the Fund perform this way?

Fund performance was primarily hurt by its positioning in the poorly performing long end of the yield curve as well as its exposure to triple-B and double-B rated credits. The short end (1-6 years) was the only part of the curve with positive performance for the year, significantly outperforming the long end. With limited exposure to the short end of the curve (because of the lack of significant yield pick-up realized when purchasing these bonds), Fund performance suffered. In addition, the Fund’s high allocation to health care, industrial revenue, and special tax bonds (i.e. a bond secured by the special taxes levied on certain real estate) hurt performance as credit spreads widened (i.e. short and long term interest rates moving farther apart) in these sectors.

On a positive note, the Fund’s low allocation to tobacco bonds prior to the market turmoil in August helped performance, as this sector generated the greatest negative returns during the period. We expect to increase Fund exposure to the tobacco sector however, as we believe the underperformance is the result of supply/demand imbalances and not fundamental credit issues.

The Fund was extremely active purchasing bonds since its inception in June, predominantly in maturities of 20 years and longer. As a result, exposure to the long end of the curve (25 plus years) remains high at almost 60%, and the weighted average life of the Fund increased to 19.6 years, compared to 10.9 years for the Lehman Brothers High Yield Index. The effective duration (i.e. sensitivity to changes in interest rates) extended to 9.44 from 7.48 years in June, compared to the Lehman Brothers High Yield Index of 6.57 years. When possible, we will attempt to balance our longer purchases with short maturity high-yield debt.

Purchases during the period focused in the non-investment grade category, consistent with our investment strategy of maximizing yield through exposure to BB and lower rated bonds. As Fund assets grew, we were able to reduce some of our current sector concentrations as purchases were diversified across many municipal sectors.

45

What is your outlook?

Credit fundamentals remain stable in the short term, but the housing slowdown and its potential negative effect on credit performance bears close monitoring over the long term. We remain cautious on high-yield bonds, specifically on non-rated special tax bonds. Based on the Fund’s increased exposure to triple-B rated bonds (mainly tobacco bonds), the average rating for the Fund rose to a Moody’s rating of “Ba1”. We expect the Fund’s average rating to stay in the double-B range.

Municipal issuance remains on record pace through the first three calendar quarters of 2007, up over 20% compared to last year. Supply should remain high for the remainder of the year, although the reoccurring liquidity crisis in our market and increasing absolute rates could discourage further issuance and refunding activity. However, wider credit spreads offer investors the opportunity to selectively go down in credit quality to pick up incremental yield, since they are now being fairly compensated for the additional risk. Credit spreads, while currently volatile, appear to be more broadly driven by technical than fundamental factors. This being the case, we remain constructive on credit, although we are now relying more than ever on our in-house proprietary credit analysis to make informed credit decisions. We expect to increase Fund exposure to the tobacco sector during the next fiscal year and we continue to favor health care and education bonds because of the positive demographic trends and the services and products these sectors provide.

The yield curve has steepened and we believe it will continue to do so. For that reason, we are more cautious when extending out the curve for new purchases. Whenever possible we will shorten the maturity of our purchases to reduce the Fund’s susceptibility to underperformance.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Airport Revenues		4.0	%
General Obligations		2.3
Health Care/Services		22.0
Higher Education (Univ., Dorms, etc.)		14.3
Housing (HFA’s, etc.)		1.6
Industrial		4.4
Miscellaneous		24.4
Pollution Control		4.3
Special Tax Assessment		16.5
Tax Allocation		3.0
Transportation		1.1
Short-Term Investments		5.0
Other Assets and Liabilities		(1.6	)
Total		100.0	%

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
BBB		30.3	%
BB		11.8
B		0.9
CCC		4.0
Not Rated		53.0
Total		100.0	%

46

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

Performance Overview (1) 5/28/04 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Income Allocation A#		5/28/04		4.37	%		3.63	%
Income Allocation A##		5/28/04		-0.33	%		2.24	%
Income Allocation B#		5/28/04		3.64	%		2.89	%
Income Allocation B##		5/28/04		-1.35	%		2.08	%
Income Allocation C#		5/28/04		3.64	%		2.89	%
Income Allocation C##		5/28/04		2.64	%		2.89	%
Income Allocation I#		5/28/04		4.66	%		3.71	%
Income Allocation R3#		5/28/04		4.02	%		3.53	%
Income Allocation R4#		5/28/04		4.21	%		3.58	%
Income Allocation R5#		5/28/04		4.55	%		3.68	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4 and R5 shares will vary from results seen above due to differences in the expenses charged to these classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Income Allocation Fund gained 4.37%, before sales charge, for the twelve-month period ended October 31, 2007, versus a 5.38% return for its benchmark, the Lehman Brothers U.S. Aggregate Bond Index, and 3.91% for the Lipper Intermediate Investment Grade Debt Funds category, a group of funds with investment strategies similar to those of the Fund.

Effective August 1, 2007, Hartford Investment Management Company was added as a subadviser to the Fund.

Why did the Fund perform this way?

Yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial mortgage-backed securities (“CMBS”) were the worst. The fixed-income allocation is structured around six fixed-income indices. For the year, the best performer was the Lehman Brothers High Yield Index (up 6.73%); followed by the Lehman Brothers U.S. TIPS (Treasury Inflation Protected Securities) Index (up 6.33%); the Lehman Brothers 1-3 Year Government Index (up 5.73%); the Lehman Brothers U.S. Aggregate Bond Index (up 5.38%); the Merrill Lynch 3-Month U.S. Treasury Bill Index (up 4.97%); and the CSFB Leveraged Loan Index (up 4.15%). Consequently, the Fund benefited from its allocation to high-yield, TIPS and short-term bonds, while the other asset classes underperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year.

47

What is your outlook?

Looking forward, we believe that the concerns surrounding the impact of the weak Residential Housing sector are likely to persist, leading to sustained market volatility in the months ahead. While the performance of the housing sector is a reflection of the weakening of its fundamentals, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Federal Open Market Committee (“the Fed”), low inflation, and a decent employment picture should prove supportive of the markets and the economy. We will continue to seek outperformance by focusing on our disciplined long-term approach of asset allocation.

We continue to believe that the economy is on a solid, albeit softer, path, which will help to sustain good performance for spread products (i.e. issues yielding more than Treasuries). We expect highly rated consumer related asset-backed securities (“ABS”), such as credit cards and auto loans, to outperform other sectors on a risk-weighted basis, as these sub-sectors have cheapened disproportionately to other securities. Agency mortgage securities appear to offer value versus CMBS, as does the high-yield sector of the market, which has experienced price declines despite solid fundamentals. Some financial companies and high-risk sectors tied to sub-prime mortgages, however, may continue to suffer from price markdowns. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer a compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Floating Rate Fund, Class Y		6.7	%
The Hartford High Yield Fund, Class Y		8.2
The Hartford Income Fund, Class Y		18.9
The Hartford Inflation Plus Fund, Class Y		24.4
The Hartford Money Market Fund, Class Y		5.2
The Hartford Short Duration Fund, Class Y		21.4
The Hartford Strategic Income Fund, Class Y		0.5
The Hartford Total Return Bond Fund, Class Y		13.9
Other Assets and Liabilities		0.8
Total		100.0	%

48

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

Performance Overview(1) 10/31/02 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Income A#		10/31/02		3.77	%		5.61	%		5.61	%
Income A##		10/31/02		-0.90	%		4.65	%		4.65	%
Income B#		10/31/02		3.00	%		4.85	%		4.85	%
Income B##		10/31/02		-1.91	%		4.51	%		4.51	%
Income C#		10/31/02		3.01	%		4.89	%		4.89	%
Income C##		10/31/02		2.03	%		4.89	%		4.89	%
Income Y#		11/28/03		3.97	%	NA				4.54	%

#	Without sales charge
##	With sales charge
NA	Not Applicable

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
William H. Davison, Jr.	Charles Moon
Managing Director	Managing Director

How did the Fund perform?

The Class A shares of The Hartford Income Fund gained 3.77%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers U.S. Aggregate Bond Index, which gained 5.38%, and the 4.02% average return of the Lipper Corporate Debt A-Rated Funds category, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Jeffrey S. MacDonald withdrew from portfolio management responsibilities of the Fund, effective October 9, 2007.

Why did the Fund perform this way?

The year ended October 31, 2007 was challenging as the impact of the sub-prime mortgage market meltdown contributed to a repricing of risk. As a result, investors fled to the safety of U.S. Government debt which rallied interest rates across the yield curve. To prevent the credit crisis from spilling over into the general economy, the Federal Open Market Committee (“the Fed”) cut the rate on September 18, 2007 by 50 basis points then again on October 31, 2007 by 25 basis points to end the period at a rate of 4.50%. This injection of liquidity amidst high demand for “riskless” assets contributed to 62 basis points of curve steepening between the two- and ten-year parts of the curve.

The strong Treasury rally of the past few months offset negative return performance of spread products (bonds yielding more than Treasuries). The Fund could not keep pace with the benchmark return due to its emphasis on income generation, and hence its overweight (i.e. the Fund’s sector position was greater than the benchmark position) to riskier asset classes.

The greatest driver of the Fund’s underperformance versus its benchmark was exposure to securities that were directly or indirectly affected by the sub-prime crisis. The Fund held approximately two percent of securities in the home equity sector, purchased primarily in March and April, as it was felt that although the housing sector was still to weaken further, pricing of these securities reflected a good risk-reward trade-off. As events unfolded, however, prices continued to decline. Also detracting from relative (i.e. performance of the Fund as measured against the benchmark) performance was an emphasis on the Financial sector. It was felt that the leveraged buyout environment was detrimental to the Industrial sector, and that financial institutions represented a safe haven from these practices. Despite very weak performance in the latter part of the year, the high yield market had a good overall return for the period, and our overweight to this sector contributed positively to the Fund’s relative performance.

49

What is your outlook?

Our business cycle analysis suggests that risky sectors typically outperform at the beginning of a Fed easing cycle. Spreads have widened (i.e. short and long term interest rates moving farther apart) in below investment grade corporates and, although defaults have begun to tick up, they still remain well below the historical 5% default rate. The market also seems to be doing a better job at discriminating between good and bad credits, and this provides opportunities to add to high yield, but investments in this sector will be very issuer specific. Agency mortgage pass-throughs and asset backed securities also offer good return opportunities as spreads have widened due to supply and demand dynamics. Finally, we expect continued dollar weakening versus both major and emerging markets currencies. We are retaining a foreign bond bias in short maturities on an unhedged basis, though we have scaled back foreign currency exposure.

We continue to believe the economy will avoid a recession. Income-oriented funds will do well to retain an aggressive bias in the coming few months.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		44.9	%
AA		5.2
A		12.4
BBB		10.0
BB		11.4
B		13.2
CCC		2.2
Not Rated		0.7
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		2.4	%
Capital Goods		0.8
Consumer Cyclical		3.0
Consumer Staples		1.3
Energy		1.8
Finance		31.3
Foreign Governments		0.6
Health Care		1.3
Services		7.5
Technology		6.8
Transportation		0.8
U.S. Government Agencies		28.5
U.S. Government Securities		3.1
Utilities		1.6
Short-Term Investments		25.1
Other Assets and Liabilities		(15.9	)
Total		100.0	%

50

The Hartford Inflation Plus Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 10/31/02 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Lehman Brothers U.S. Treasury Inflation-Protected Securities (TIPS) Index represents securities that protect against adverse inflation and provide a minimum level of real return. To be included in this index, bonds must have cash flows linked to an inflation index, be sovereign issues denominated in U.S. currency, and have more than one year to maturity.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Inflation Plus A#		10/31/02		5.86	%		5.10	%		5.10	%
Inflation Plus A##		10/31/02		1.10	%		4.13	%		4.13	%
Inflation Plus B#		10/31/02		5.05	%		4.35	%		4.35	%
Inflation Plus B##		10/31/02		0.05	%		4.01	%		4.01	%
Inflation Plus C#		10/31/02		5.05	%		4.33	%		4.33	%
Inflation Plus C##		10/31/02		4.05	%		4.33	%		4.33	%
Inflation Plus I#		10/31/02		6.22	%	NA				5.18	%
Inflation Plus R3#		11/28/03		5.58	%	NA				4.40	%
Inflation Plus R4#		11/28/03		5.75	%	NA				4.44	%
Inflation Plus R5#		11/28/03		6.02	%	NA				4.51	%
Inflation Plus Y#		11/28/03		6.23	%	NA				4.56	%

#	Without sales charge
##	With sales charge
NA	Not Applicable

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Inflation Plus Fund returned 5.86%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers U.S. TIPS (Treasury Inflation Protected Securities) Index, which returned 6.33%, and the 5.65% average return of the Lipper Treasury Inflation Protected Securities Index, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Out-of-benchmark (i.e., non-TIPS) holdings, primarily bank loans and nominal Treasury securities, accounted for 100 basis points of excess return versus the benchmark during the period. This was offset by a negative relative (i.e. performance of the Fund as measured against the benchmark) performance of 41 basis points due to duration (i.e. sensitivity to changes in interest rates) and yield curve positioning and a negative 11 basis points as a result of security selection.

Significant developments in the Fund included a reduction of the bank loan allocation from 10% of the Fund’s net asset value to 3% during the March-July period and an increase in short-term, or “tactical” trading among different TIPS maturities and between TIPS and nominal Treasurys of similar maturity. The bank loan reduction was based on the increasing likelihood as the year progressed that the Federal Open Market Committee (“the Fed”) was nearing the end of the tightening cycle, which proved true as they eased rates twice, once in September and once in October. This signaled the end of the period most attractive for holding floating rate assets such as bank loans, as well as recognition of very full pricing for this asset class. The increase in tactical trading directly resulted from having one of the Fund managers located directly on the firm’s trading desk and in a position to monitor and evaluate short-term developments in the TIPS/nominals market.

What is your outlook?

Looking ahead, the next two quarters include the traditional seasonal low points for Consumer Price Index (“CPI”) accrual, meaning that short-term realized inflation will add little to future TIPS returns.

51

Despite recent increases in the price of oil and food, inflation, whether measured by the CPI or other indices, is on a slow path of deceleration. Going forward, the Fund may add to the bank loan position if yield spreads continue to widen (i.e. short and long term interest rates moving farther apart) to more attractive levels, even if the Fed continues to ease. Active tactical trading will continue to take advantage of short-term opportunities. The Fund will also step up efforts to identify other attractive asset classes such as foreign sovereign nominal and inflation linked bonds.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		0.3	%
Consumer Cyclical		0.3
Finance		0.3
Health Care		0.5
Services		1.4
Technology		0.4
U.S. Government Securities		100.3
Utilities		0.3
Short-Term Investments		0.5
Other Assets and Liabilities		(4.5	)
Total		100.0	%

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		96.5	%
BB		3.2
B		0.1
Not Rated		0.2
Total		100.0	%

52

The Hartford International Growth Fund
(formerly The Hartford International Capital Appreciation Fund)
(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 4/30/01 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

MSCI EAFE Growth Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance (excluding the U.S. and Canada) of the growth securities within the MSCI EAFE Index.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks capital appreciation.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
International Growth A#		4/30/01		39.31	%		25.11	%		12.28	%
International Growth A##		4/30/01		31.65	%		23.70	%		11.31	%
International Growth B#		4/30/01		38.11	%		24.17	%		11.46	%
International Growth B##		4/30/01		33.11	%		24.00	%		11.46	%
International Growth C#		4/30/01		38.27	%		24.20	%		11.48	%
International Growth C##		4/30/01		37.27	%		24.20	%		11.48	%
International Growth I#		4/30/01		39.73	%		25.20	%		12.35	%
International Growth R3#		4/30/01		39.00	%		25.47	%		12.66	%
International Growth R4#		4/30/01		39.43	%		25.55	%		12.72	%
International Growth R5#		4/30/01		39.80	%		25.62	%		12.76	%
International Growth Y#		4/30/01		40.01	%		25.66	%		12.79	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford International Growth Fund returned 39.31%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the MSCI EAFE Growth Index, which returned 28.95% for the same period. The Fund also outperformed the 30.96% return of the average fund in the Lipper International Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Global equity markets posted strong returns during the period despite the volatility that emerged in the latter part of the period due to concerns associated with the U.S. sub-prime mortgage market.

Security selection was the main driver of relative (i.e. performance of the Fund as measured against the benchmark) performance during the period. Stock selection was particularly strong in Information Technology, Financials, and Industrials, but was slightly offset by weaker performance in Consumer stocks.

The leading contributors to relative performance during the period were Research In Motion (Information Technology), Cia Vale do Rio Doce (“CVRD”; Materials), and Nintendo (Information Technology). Consumer electronic device company Research in Motion moved higher with expectations of market share gains. Diversified Brazilian metals and mining company CVRD shares moved higher as the spot price of iron ore continued to soar due to strong demand from China. Japanese video game developer Nintendo continues to experience positive sales trends for its gaming console the Wii. The addressable market is larger than expected due to the product’s ease of use. Another top contributor to performance was Finland-based mobile communication device company Nokia, whose shares rose after the company reported better-than-expected earnings and margins. As of the end of the period we maintained our position in all four securities.

Top detractors from the Fund’s relative performance included Rakuten (Consumer Discretionary) and Vallourec (Industrials). Japanese online retailer and brokerage firm Rakuten reported first quarter results that were below expectations due to margin pressure resulting from higher overhead costs. The brokerage and credit business segments also performed below expectations. We eliminated our position in Rakuten. Shares of French steel tube manufacturer Vallourec struggled due to decelerating earnings growth and lighter profit margins. The Fund’s benchmark relative performance was also hurt by not holding BHP

53

Billiton and Hong Kong Exchanges which were held in the benchmark and performed well. Shares of diversified mining company BHP Billiton rose on continued strength in metals demand, especially from China. We continue to favor CVRD over BHP Billiton. Shares of Hong Kong Exchanges, owner and operator of stock and futures exchanges, rose on news that the Hong Kong government would increase its stake in the exchange and the Chinese government’s announcement that all investors will potentially be able to purchase Hong Kong-listed securities. The Fund’s Financials exposure favors global asset managers such as Invesco, which are benefiting from positive trends in asset flows. Finally, weaker results from Japan-based companies Elpida Memory, manufacturer and seller of semiconductor products, and retailer AEON also hurt absolute (i.e. performance of the Fund as measured against the benchmark) returns.

What is the outlook?

As a result of bottom-up fundamental research, the Fund’s largest overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions at the end of the period were Telecommunication Services, Information Technology, and Energy. Materials and Health Care continue to be the Fund’s largest underweight (i.e. the Fund’s sector position was less than the benchmark position) positions. Within Health Care, we continue to underweight large pharmaceutical companies as we believe increased generic competition and limited pricing power will reduce potential growth.

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Australia		2.1	%
Bermuda		1.0
Brazil		2.5
Canada		5.3
China		3.0
Denmark		2.2
Finland		4.0
France		10.0
Germany		8.3
Greece		0.9
Hong Kong		3.0
Ireland		1.5
Italy		1.7
Japan		5.9
Luxembourg		3.0
Netherlands		2.4
Russia		1.3
South Africa		1.1
South Korea		0.7
Spain		4.6
Switzerland		5.7
Taiwan		1.9
Turkey		0.5
United Kingdom		24.2
Short-Term Investments		7.3
Other Assets and Liabilities		(4.1	)
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		9.9	%
Capital Goods		5.9
Consumer Cyclical		17.9
Consumer Staples		4.0
Energy		3.8
Finance		13.0
Health Care		4.5
Services		0.5
Technology		28.4
Transportation		2.4
Utilities		6.5
Short-Term Investments		7.3
Other Assets and Liabilities		(4.1	)
Total		100.0	%

54

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

Performance Overview(1) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

MSCI All Country World Free ex U.S. Index is a broad based, unmanaged, market capitalization weighted, total return index that measures the performance of both developed and emerging stock markets, excluding the U.S.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks long-term growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
International Opp A#		7/22/96		39.15	%		22.90	%		9.00	%		8.94	%
International Opp A##		7/22/96		31.50	%		21.52	%		8.38	%		8.39	%
International Opp B#		7/22/96		38.17	%		22.08	%	NA		*	NA		*
International Opp B##		7/22/96		33.17	%		21.90	%	NA		*	NA		*
International Opp C#		7/22/96		38.17	%		22.00	%		8.18	%		8.12	%
International Opp C##		7/22/96		37.17	%		22.00	%		8.18	%		8.12	%
International Opp R3#		7/22/96		38.98	%		23.41	%		9.44	%		9.38	%
International Opp R4#		7/22/96		39.35	%		23.47	%		9.47	%		9.41	%
International Opp R5#		7/22/96		39.72	%		23.54	%		9.50	%		9.44	%
International Opp Y#		7/22/96		39.91	%		23.57	%		9.51	%		9.45	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Management
Nicolas M. Choumenkovitch
Vice President

How did the Fund perform?

The Class A shares of The Hartford International Opportunities Fund returned 39.15%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the MSCI All Country World ex US Index, which returned 32.97% for the same period. The Fund also outperformed the 26.63% return of the average fund in the Lipper International Large Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Nicolas Choumenkovitch replaced Trond Skramstad as portfolio manager for the Fund. This transition was effective on December 15, 2006.

Why did the Fund perform this way?

International equity markets rose strongly during the period. Every sector in the MSCI All Country World ex US Index rose, led by Materials (+62%), Telecommunication Services (+52%), and Industrials (+47%). Health Care (+4%), Financials (+22%), and Consumer Discretionary (+24%) put up positive returns but trailed the broader market. From a regional perspective Emerging Markets (+67%), Asian (+58%), and North American (+46%) stocks performed particularly well, while Japan (+5%) and U.K. (+24%) lagged the broader market.

The Fund’s outperformance was due to stock selection. Strong stock selection in the Financials, Materials and Industrials sectors more than offset weak stock selection in Telecommunication Services. Sector allocation in total had a minimal effect. However, an underweight (i.e. the Fund’s sector position was less than the benchmark position) allocation to lagging Financial stocks helped benchmark-relative (i.e. performance of the Fund as measured against the benchmark) returns while an underweight to surging Materials detracted from relative results.

Top relative contributors to performance during the period included Hong Kong Exchanges (Financials), China Merchants Bank (Financials) and Research In Motion (Information Technology). Shares of Hong Kong Exchanges, the owner and operator of stock and futures exchanges in Hong Kong, rose substantially amid news of accelerating exchange consolidation worldwide and continuing positive fund flows.

55

China Merchants Bank, the sixth largest commercial bank in China, rose on strong earnings growth driven by net interest margin expansion and strong fee income growth. Consumer electronic device company Research In Motion moved higher on expectations of market share gains. The company has a strong product cycle that we believe will receive positive customer reaction. On an absolute (i.e. total return) basis, Materials companies Cia Vale do Rio Doce and Xstrata were also top contributors. In Industrials, the Fund benefited from its holding in Alstom, a French company that specializes in the manufacture and supply of energy infrastructure.

Stocks that had the greatest negative impact on relative returns during the period included Canon (Information Technology), Nortel (Information Technology) and SOITEC (Information Technology). Photo and imaging company Canon was weak as it lowered its annual profit outlook due to larger than expected depreciation costs. We continue to hold the stock as we feel the company is well positioned compared to its peers. Shares of Canadian phone equipment manufacturer Nortel tumbled during the year on news of a delay in filing the annual report, lower-than-expected annual guidance, and former company officers being charged by the Securities and Exchange Commission (SEC). We have lower confidence in the turnaround at Nortel and have eliminated the stock from the Fund. SOITEC saw its shares fall on worries about the near-term outlook at major customer AMD as well as slower-than-expected end market demand for micro processors. We sold the shares due to concerns that business trends were softer than expected. On an absolute basis, casino operator Melco PBL was also a top detractor from performance.

What is the outlook?

We continue to believe that U.S. housing weakness and sluggish consumer spending trends will result in slower growth for the U.S. relative to other regions. We remain underweight Financials broadly, and banks in particular, as loan loss reserves may be inadequate and slow loan growth and deteriorating credit quality are a headwind. Our Financials exposure is skewed toward diversified financial services companies, with a preference for high quality asset managers.

We have a positive long term view on China, where growth is likely to continue to surprise positively. Within Emerging Markets, we look for companies with leading market share and top management teams that can execute on growth strategies. Our holdings in China Merchants Bank and Hong Kong Exchanges are such examples. We are keeping an eye on inflationary pressures in Emerging Markets as savings rates increase and input costs rise.

At the sector level, we increased exposure to Information Technology, where we hold select hardware names (Nokia, Research In Motion) that are benefiting from strong secular growth trends. We also increased exposure to Telecommunication companies, initiating positions in Telenor and France Telecom. We are cautious of the consumer sector and have reduced our exposure to the Consumer Discretionary sector since early this year. We also reduced our exposures in the Financials and Health Care sectors. At the end of the period, the Fund was most overweight (i.e. the Fund’s sector position was greater than the benchmark position) Consumer Staples, Information Technology and Materials and most underweight Financials, Industrials and Utilities.

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Australia		0.3	%
Austria		1.0
Belgium		0.4
Brazil		5.5
Canada		4.9
China		3.6
Egypt		1.2
Finland		2.8
France		6.4
Germany		10.5
Greece		0.7
Hong Kong		4.0
India		1.7
Ireland		1.7
Italy		4.9
Japan		9.4
Luxembourg		0.7
Mexico		0.8
Netherlands		5.4
Norway		2.8
Papua New Guinea		0.6
Russia		3.4
South Africa		1.5
South Korea		0.4
Sweden		1.0
Switzerland		5.8
Turkey		1.3
United Kingdom		13.2
United States		0.8
Short-Term Investments		22.5
Other Assets and Liabilities		(19.2	)
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		13.9	%
Capital Goods		1.2
Consumer Cyclical		8.8
Consumer Staples		8.8
Energy		8.6
Finance		22.3
Health Care		4.4
Services		2.1
Technology		19.3
Transportation		4.1
Utilities		3.2
Short-Term Investments		22.5
Other Assets and Liabilities		(19.2	)
Total		100.0	%

56

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

Performance Overview(1) 4/30/01 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

S&P/Citigroup Extended Market Euro-Pacific Index is a global equity index comprised of the smallest 20% of each country’s market capitalization in the Broad Market Index. All developed countries are included except the U.S. and Canada.

You cannot invest directly in an index.

Investment objective – Seeks capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
International Small Co A#		4/30/01		27.90	%		27.65	%		17.39	%
International Small Co A##		4/30/01		20.87	%		26.21	%		16.37	%
International Small Co B#		4/30/01		26.97	%		26.75	%		16.69	%
International Small Co B##		4/30/01		21.97	%		26.59	%		16.69	%
International Small Co C#		4/30/01		26.98	%		26.70	%		16.53	%
International Small Co C##		4/30/01		25.98	%		26.70	%		16.53	%
International Small Co I#		4/30/01		28.11	%		27.69	%		17.42	%
International Small Co Y#		4/30/01		28.48	%		28.19	%		17.90	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford International Small Company Fund returned 27.90%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the S&P/Citigroup Extended Market Euro-Pacific Index, which returned 27.22% for the same period. The Fund underperformed the 28.85% return of the average fund in the Lipper International Small/Mid Cap Core peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

International small cap equity markets advanced markedly during the period. Every sector posted double-digit positive results, led by Energy (+52%), Industrials (+43%), and Materials (+41%). Even the laggards posted strong absolute (i.e. total return) results as the bottom three sectors — Consumer Discretionary (+16%), Financials (+17%), and Technology (+18%) — rose strongly. Stock appreciation was equally broad-based from a regional perspective. Emerging Markets (+93%) led, followed by Asia ex-Japan (+57%), North America (+38%), and Europe (+28%). Japan (-0.5%) lagged.

The Fund outperformed its benchmark during the period due to both stock selection and allocation among sectors, which is largely a result of the bottom-up stock selection process. In particular, the Fund benefited from an overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in rapidly appreciating Industrials stocks and an underweight (i.e. the Fund’s sector position was less than the benchmark position) among lagging Consumer Discretionary stocks.

At the stock level, selection was particularly strong in Industrials, Health Care, and Materials. Top contributors to relative (i.e. performance of the Fund as measured against the benchmark) and absolute returns were Mirae Asset Securities, GS Engineering and Construction, and Outotec. Korean broker Mirae Asset Securities is benefiting from higher trading volumes in the Korean market this year and the ongoing structural trend of an emerging domestic pension market. This burgeoning pension market has made brokers attractive merger and acquisition targets for banks looking to enter into the brokering sector, further helping to drive share price performance. Shares of GS Engineering and Construction, a Korean company involved in civil, architectural and environmental engineering, gained on news of new overseas engineering contract wins in Egypt and Thailand and optimism that orders will continue from the Middle East. Finnish firm Outotec designs, develops and supplies ready-to-operate plants to the minerals and metals processing industries and is the world’s leading provider of flash smelting plants for the copper industry. The company is benefiting from demand driven by producers upgrading old, inefficient sites and also by the need for new capacity to meet new aggregate levels of demand driven by the emergence of

57

China, India and other emerging countries. We exited our position in GS Engineering and Construction during the period but continue to hold Mirae and Outotec. Other top contributors included Australian placement firm Seek and Japanese steel company Japan Steel Works.

Top negative relative and absolute detractors included SOITEC, Shionogi, and Colonia Real Estate. SOITEC, a French licensor of technology used to manufacture specialist wafers used in microprocessor and high frequency applications, declined primarily on concerns that AMD’s new processor line (which use SOITEC’s wafers) could be delayed. Coincident sluggish sales of PlayStation 3 game console (which also use SOITEC’s wafers) compounded the issue. Shares in Japanese pharmaceutical company Shionogi declined on concerns about antibiotic sales and lower royalties from cholesterol drug Crestor, which the company has licensed to AstraZeneca. Colonia, a German real estate manager with expertise in commercial property management, saw its shares fall on softness in the German property market. We believe the company’s fee-based model should be impacted less than the recent drop in price suggests. We eliminated SOITEC but continue to hold Shionogi and Colonia Real Estate. Other negative absolute and relative contributors included U.K. homebuilder Redrow, Japanese accounting software company OBIC Business Consultants, and Dutch staffing company Vedior.

What is the outlook?

Fund stocks are selected one at a time based on their individual merits. Within Industrials, where we are overweight, we have a preference for select aerospace and defense companies, especially high-margin providers of key input materials to major manufacturers. We also are overweight Health Care, where we have a focus on the high margin and recurring revenue potential of equipment and service companies. We have a slight overweight in the Energy sector, with particular emphasis on oil services providers, where the pricing environment continues to be very strong, and on the Australian coal sector, where favorable long term trends remain unchanged.

We are underweight the consumer broadly, as we reduced exposure to both Consumer Discretionary and Consumer Staples during the period. We also reduced the weighting in Information Technology into strength, moving to a mild underweight position. We remain underweight Financials, as we decreased exposure to banks and diversified financials during the period.

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

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Australia		9.1	%
Belgium		2.4
Brazil		1.7
Canada		1.6
China		1.2
Denmark		0.8
Finland		1.3
France		7.0
Germany		8.0
Greece		0.8
Hong Kong		4.7
Italy		3.7
Japan		21.9
Liechtenstein		1.0
Malaysia		0.5
Netherlands		2.6
Norway		1.9
Portugal		0.6
Singapore		0.7
South Africa		0.5
South Korea		4.1
Spain		2.1
Sweden		2.2
Switzerland		1.8
United Kingdom		15.2
Short-Term Investments		24.6
Other Assets and Liabilities		(22.0	)
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		18.6	%
Capital Goods		8.8
Consumer Cyclical		11.9
Consumer Staples		1.6
Energy		4.1
Finance		12.6
Health Care		12.1
Services		6.9
Technology		10.2
Transportation		8.1
Utilities		2.5
Short-Term Investments		24.6
Other Assets and Liabilities		(22.0	)
Total		100.0	%

58

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

Performance Overview(1) 11/30/06 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

Investment objective – Seeks long-term growth of capital.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		Since
	Date		Inception
LargeCap Growth A#		11/30/06		10.84	%
LargeCap Growth A##		11/30/06		4.74	%
LargeCap Growth B#		11/30/06		9.97	%
LargeCap Growth B##		11/30/06		4.97	%
LargeCap Growth C#		11/30/06		9.97	%
LargeCap Growth C##		11/30/06		8.97	%
LargeCap Growth Y#		11/30/06		11.08	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Manager
Hugh Whelan
Managing Director

How did the Fund perform?

The Class A shares of The Hartford LargeCap Growth Fund gained 10.84%, before sales charge, since inception on November 30, 2006 through October 31, 2007, versus its benchmark, the Russell 1000 Growth Index, which returned 16.91%, and the 19.17% average return of the Lipper Large-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

During the period, the Fund’s underperformance was driven by weak security selection in the Information Technology, Industrials and Consumer Discretionary sectors as well as being overweight (i.e. the Fund’s sector position was greater than the benchmark position) in the Consumer Discretionary sector. However, the Fund did benefit from security selection in the Materials sectors and an overweight to the Information Technology sector.

Among the largest contributors to returns were overweights in Apple, Inc. and Monsanto Company. Apple has had a very good year, posting strong financial results and enjoying unprecedented popularity driven by the launch of the iPhone, the success of its iPod and iTunes, an increasing acceptance of Macintosh computers, and its new Leopard operating system. Monsanto’s performance has also been impressive. Recently announced partnerships, divestments, and regulatory approval of entry into Argentina and Brazil have benefited the company’s stock. In addition, ethanol demand has given Monsanto’s Seeds and Genomics segment a boost with strong global corn seed sales. Its other segment, Agricultural Productivity, is enjoying better pricing for its Roundup agricultural herbicides.

Among the largest detractors to returns were overweights in WellCare Health Plans, Inc. and Lexmark International, Inc. WellCare’s stock fell roughly 63% in one day after the company’s headquarters were raided by federal and state officers for alleged Medicaid fraud. Lexmark’s poor performance was driven by weak profits amid increased competition. We sold the position in Lexmark, but continued to hold WellCare.

What is the outlook?

In aggregate, stocks look fairly valued and have generated returns roughly in line with earnings growth. Looking ahead, the environment for stocks looks challenging; threats to future earnings growth appear to be increasing. Volatility in the stock market has increased dramatically, and we see it remaining at this higher level for the near future. This has been a difficult year, but our strategy remains the same. For long-term success, we remain fully invested and build our portfolio from the bottom-up based on company-specific fundamentals. The Fund tends to invest in companies with attractive valuations, especially as measured by price to cash flow, relative to the Russell 1000 Growth Index.

59

Our team invests in companies that we believe have compelling stock characteristics versus the Russell 1000 Growth Index. Our systematic approach weighs 70 fundamental characteristics across four broad categories including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund’s investment universe.

The portfolio’s current top holdings include Apple and Cisco Systems, Inc. Apple is a top holding because of its strong management behavior as exhibited by efficient working capital management, favorable investor sentiment exhibited by good relative strength in the stock price, and good business performance demonstrated by strong free cash flow and profit margins. Similarly, Cisco is a top holding primarily due to a combination of strong management behavior as exhibited by efficient working capital management, good business performance represented by strong profit margins, and positive investor sentiment exhibited by good relative strength in the stock price.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		1.1	%
Capital Goods		6.5
Consumer Cyclical		12.7
Consumer Staples		6.2
Energy		6.1
Finance		17.0
Health Care		12.1
Services		8.6
Technology		26.9
Transportation		0.7
Utilities		1.3
Short-Term Investments		0.6
Other Assets and Liabilities		0.2
Total		100.0	%

60

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

Performance Overview(1) 12/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

S&P MidCap 400 Index is an unmanaged index measuring the performance of the mid-size company segment of the U.S. market.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks long-term growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
MidCap A#		12/31/97		25.96	%		20.18	%		16.75	%
MidCap A##		12/31/97		19.03	%		18.82	%		16.08	%
MidCap B#		12/31/97		24.98	%		19.28	%	NA		*
MidCap B##		12/31/97		19.98	%		19.08	%	NA		*
MidCap C#		12/31/97		25.08	%		19.38	%		15.97	%
MidCap C##		12/31/97		24.08	%		19.38	%		15.97	%
MidCap Y#		12/31/97		26.50	%		20.76	%		17.30	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.
**	The Hartford MidCap Fund was closed to new investors as of the end of the day July 31, 2003. Investors who already own shares of the Fund, and those with access to the Fund through wrap programs in connection with certain investment platforms, may purchase additional shares thereafter.
	The Fund will continue to offer and sell shares: (1) through ACH and other similar systematic investment facilities to investors who established plans to invest through such facilities prior to August 16, 2004, (2) for reinvestment of capital gains distributions and income dividends, and (3) to certain qualified retirement plans that include (or offered) the Fund as an investment option prior to August 16, 2004.
	The Fund continues to pay 12b-1 fees. These fees are paid for ongoing shareholder services, to compensate brokers for past sales to reimburse the Fund’s distributor for commissions paid in connection with past sales.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Portfolio Manager
Phillip H. Perelmuter
Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford MidCap Fund returned 25.96%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the S&P MidCap 400 Index, which returned 17.02% for the same period. The Fund also outperformed the 15.90% return of the average fund in the Lipper Mid-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

U.S. equities posted strong positive returns during the period. Mid cap stocks (+17%) outperformed small (+ 9%) and large cap stocks (+15%) during the period, as measured by the S&P MidCap 400 Index, Russell 2000 Index and S&P 500 Index, respectively. Growth stocks (+20%) outperformed their value counterparts during (+8%) the period, as measured by the Russell MidCap Growth Index and Russell MidCap Value Index. Within the S&P MidCap 400 Index, nine out of ten sectors posted positive returns, led by Energy (+43%), Telecommunication Services (+37%), and Materials (+36%). Financials (-1%), and Consumer Discretionary (+4%) trailed the returns of the broader market.

The Fund outperformed its benchmark primarily due to strong security selection in Consumer Discretionary, Materials, Financials and Healthcare, which more than offset unfavorable selection in Information Technology, Telecommunication Services, and Consumer Staples. Sector positioning, driven by security selection, also contributed

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modestly to returns during the period, primarily due to an underweight (i.e. the Fund’s sector position was less than the benchmark position) to the lagging Financials sector and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to Industrials.

Top contributors to returns on both a relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. performance of the Fund as measured against the benchmark) basis included Foster Wheeler (Industrials), Potash (Materials), and NRG Energy (Utilities). Shares of Foster Wheeler, a global engineering and construction services company, benefited from robust demand for energy and infrastructure projects leading to attractive high-margin new project bookings. The company is positioned to profit from fast-growing international end-markets. Canadian fertilizer and feed products company Potash benefited from strong agricultural demand, pushing its shares higher. Texas-based wholesale power generation company NRG Energy saw its shares move higher following the announced leveraged buyout for Texas utility firm TXU. NRG Eneregy is buying back shares and cutting costs. Precision Castparts, a metal components supplier, was also a top contributor to absolute returns. The company’s shares rose as a result of strong demand for the firm’s products from commercial aerospace and military end-users. The company continues to produce strong quarterly numbers and is experiencing accelerating orders partly due to competitor missteps. We continued to hold all four securities at the end of the period.

Top detractors from relative and absolute performance included Network Appliance (Information Technology), MoneyGram (Information Technology), E*Trade (Financials), and Getty Images (Consumer Discretionary). Shares of Network Appliance, a supplier of storage and data management solutions, declined with lowered guidance and a sluggish outlook for enterprise spending. We maintained a position in the stock. Payment services firm MoneyGram’s shares fell after the company narrowed its 2007 profit guidance and we sold our position. Shares of retail and institutional trading and financial services company E*Trade stumbled on credit concerns regarding the firm’s mortgage and home equity portfolios. We eliminated the position. Visual content Getty Images saw its shares fall as management lowered annual profit and sales guidance citing competitive pressures from discount internet providers of photographic images and video content. We eliminated our holdings.

What is the outlook?

Our efforts are focused on picking stocks based on a bottom-up review of their fundamentals. As a result of these individual stock decisions, we ended the period with our most significant overweight positions in Industrials and Information Technology. Our overweight to Industrials declined during the period as we eliminated several Capital Goods stocks. Within Information Technology, exposure favors Software & Services companies. At the end of the period, the Fund remained underweight Utilities and Financials, where we have limited exposure to Banks and Real Estate.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		11.6	%
Capital Goods		2.3
Consumer Cyclical		16.6
Consumer Staples		1.4
Energy		7.2
Finance		10.7
Health Care		11.7
Services		15.0
Technology		17.0
Transportation		2.4
Utilities		1.9
Short-Term Investments		21.7
Other Assets and Liabilities		(19.5	)
Total		100.0	%

62

The Hartford MidCap Growth Fund*
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 7/31/06 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Russell MidCap Growth Index measures the performance of those Russell MidCap companies with higher price-to-book ratios and higher forecasted growth values. The stocks are members of the Russell 1000 Growth Index.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks long-term growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
MidCap Growth A#		7/31/06		25.16	%		25.61	%
MidCap Growth A##		7/31/06		18.27	%		20.06	%
MidCap Growth B#		7/31/06		23.83	%		24.36	%
MidCap Growth B##		7/31/06		18.83	%		21.33	%
MidCap Growth C#		7/31/06		23.93	%		24.44	%
MidCap Growth C##		7/31/06		22.93	%		24.44	%
MidCap Growth Y#		7/31/06		25.51	%		25.98	%

#	Without sales charge
##	With sales charge
*	As of April 23, 2007, The Fund no longer offers its shares to new investors or existing shareholders, including through ACH and other similar systematic investment facilities, except in connection with the reinvestment of capital gains distributions and income dividends.
	The Fund continues to pay 12b-1 fees. These fees are paid for ongoing shareholder services, to compensate brokers for past sales and to reimburse the Fund’s distributor for commissions paid in connection with past sales.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.
(3)	Part of the performance of the Fund is due to purchases of securities sold in Intitial Public Offerings (“IPOs”) that materially affected the performance of the Fund. The effect of IPOs on the Fund’s performance depends on a variety of factors including the number of IPOs that the Fund invests in, whether and to what extent a security purchased in an IPO appreciates in value, and the asset base of the Fund. Although the fund may purcahse IPOs, not all such purchases may materially affect performance. There is no guarantee that the Fund’s investment in IPOs, if any, will continue to have a similar impact on the Fund’s performance.

Portfolio Manager
Hugh Whelan
Managing Director

How did the Fund perform?

The Class A shares of The Hartford MidCap Growth Fund gained 25.16%, before sales charge, for the twelve-month period ended October 31, 2007, versus 19.72% for its benchmark, the Russell MidCap Growth Index, and the 25.37% average return of the Lipper Mid-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Hugh Whelan replaced Mark Waterhouse as portfolio manager for the Fund. This transition was effective on April 2, 2007.

Why did the Fund perform this way?

During the last year, the Fund’s outperformance compared to the benchmark was primarily due to security selection in the Industrials, Consumer Discretionary and Information Technology sectors.

Offsetting this was negative relative performance (i.e. performance of the Fund as measured against the benchmark) resulting from adverse security selection in the Financials and Health Care sectors.

Among the largest contributors to relative returns was First Solar, Inc., a solar module manufacturer whose stock price climbed as surging energy prices made solar power more attractive. Positive contributions were also made by Orient-Express Hotels Ltd. and iGATE Corporation. Orient-Express is a major player in the luxury tourism arena and has been the beneficiary of a burgeoning luxury overseas travel market. iGATE has continued to post strong results from steady Information Technology outsourcing demand, especially for small- and medium-sized client companies.

The primary detractor to relative return was an overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in WellCare Health Plans, Inc. WellCare’s stock fell after the

63

company’s headquarters were raided by federal and state officers for alleged Medicaid fraud. Rackable Systems, Inc. was another stock that weighed down performance when it posted first-quarter earnings that fell below analyst expectations as their proprietary technology was effectively replicated by more established technology players.

What is your outlook?

In aggregate, stocks look fairly valued and have generated returns roughly in line with earnings growth. Looking ahead, the environment for stocks looks challenging; threats to future earnings growth appear to be increasing. Volatility in the stock market has increased dramatically, and we see it remaining at this higher level for the near future. This has been a difficult year, but our strategy remains the same. For long term success, we remain fully invested and will build our portfolio from the bottom-up based on company-specific fundamentals.

Our team invests in companies that we believe have compelling stock characteristics versus the Russell MidCap Growth Index. Our systematic approach weighs 30 fundamental characteristics across four broad categories including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund’s investment universe. We believe this approach will yield attractive risk-adjusted returns relative to the Russell MidCap Growth Index over the long term.

The Fund’s current top holdings include overweight positions in Sierra Pacific Resources, a utility holding company in the western U.S., and W&T Offshore, Inc., an oil and natural gas company. Both Sierra Pacific and W&T Offshore are top holdings due to attractive valuations. Overall, the Fund tends to invest in companies with attractive valuations, higher margins, and stronger earnings growth characteristics than its benchmark.

On November 7, 2007, the Board of Directors (“Board”) of The Hartford Mutual Funds, Inc. (“Company”) approved an Agreement and Plan of Reorganization (“Reorganization Agreement”) that provides for the reorganization of a series of the Company, The Hartford MidCap Growth Fund, into The Hartford Select MidCap Growth Fund, another series of the Company (“Reorganization”). The Reorganization does not require shareholder approval. The Reorganization was approved by the Board in order to eliminate the Company’s redundant product offerings.

Additionally, The Hartford Select MidCap Growth Fund will be renamed “The Hartford MidCap Growth Fund” in connection with the Reorganization.

The Reorganization is expected to occur on or about February 25, 2008 or on such later date as the officers of the Company determine (“Closing Date”). As of the close of business on the Closing Date, pursuant to the Reorganization Agreement, each shareholder of Class A, Class B, Class C and Class Y shares of The Hartford MidCap Growth Fund will become the owner of the number of corresponding full and fractional shares of The Hartford Select MidCap Growth Fund, having an equal aggregate net asset value.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		8.6	%
Capital Goods		4.9
Consumer Cyclical		14.4
Consumer Staples		1.9
Energy		13.0
Finance		11.2
Health Care		7.2
Services		12.6
Technology		20.2
Transportation		1.5
Utilities		4.1
Short-Term Investments		1.0
Other Assets and Liabilities		(0.6	)
Total		100.0	%

64

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

Performance Overview(1) 4/30/01 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Russell 2500 Value Index measures the performance of those Russell 2500 Index companies with lower price-to-book ratios and lower forecasted growth values.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
MidCap Value A#		4/30/01		16.72	%		19.49	%		11.52	%
MidCap Value A##		4/30/01		10.30	%		18.15	%		10.55	%
MidCap Value B#		4/30/01		15.86	%		18.64	%		10.72	%
MidCap Value B##		4/30/01		10.86	%		18.44	%		10.72	%
MidCap Value C#		4/30/01		15.94	%		18.65	%		10.73	%
MidCap Value C##		4/30/01		14.94	%		18.65	%		10.73	%
MidCap Value Y#		4/30/01		17.38	%		20.09	%		12.05	%

#	Without sales charge
##	With sales charge
*	As of August 16, 2004, the Fund no longer offers Class A, B and C shares except as follows: The Fund will continue to offer and sell shares: (1) through ACH and other similar systematic investors who established plans to invest through such facilities prior to August 16, 2004 and (2) for reinvestment of capital gains distributions and income dividends.
	The Fund continues to pay 12b-1 fees. These fees are paid for ongoing shareholder services, to compensate brokers for past sales to reimburse the Fund’s distributor for commissions paid in connection with past sales.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Portfolio Manager
James N. Mordy
Senior Vice President, Partner

How did the Fund perform?

The Class A shares of The Hartford MidCap Value Fund returned 16.72%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the Russell 2500 Value Index, which returned 4.63% for the same period. The Fund also outperformed the 14.24% return of the average fund in the Lipper Mid-Cap Value Fund peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

U.S. equity markets advanced for most of the twelve-month period, but pulled back in the latter part of the period due to sub prime and credit worries. Mid cap stocks (+17.0%) outperformed small (+9.3%) and larger cap stocks (+14.6%) during the period, as measured by the S&P Midcap 400 Index, Russell 2000 Index and S&P 500 Index, respectively. Growth stocks (+19.2%) outperformed their value counterparts (+10.8%) during the period, as measured by the Russell 1000 Growth Index and Russell 1000 Value Index.

The Fund’s outperformance was primarily due to strong stock selection, particularly in Materials, Information Technology and Industrials. Additionally, sector allocation decisions, which are the result of bottom-up stock selection, also contributed to the Fund’s performance results. The Fund benefited from a significant underweight (i.e. the Fund’s sector position was less than the benchmark position) in the lagging Financials sector and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the Industrials sector.

The top three contributors to relative (i.e. performance of the Fund as measured against the benchmark) performance were Owens-Illinois (Materials), Varian Semiconductor Equipment (Information Technology) and Bunge (Consumer Staples). Brazilian fertilizer company Bunge benefited from solid agriculture fundamentals, including increased global demand for grains and alternative energy, and a strong recovery in the financial health of the Brazilian farmers. Shares of Varian, a leader in the ion implant segment of the semiconductor equipment business, experienced market share gains and

65

higher margins. Packaging products-maker Owens-Illinois benefited from its sale of its plastics business to Rexam PLC and from improvements in its core glass business. We held our positions in these three stocks at the end of the period.

The three largest detractors from relative performance were Circuit City (Consumer Discretionary), E*Trade (Financials) and Ambac (Financials). In addition, American Commercial (Industrials) was a significant detractor on an absolute (i.e. performance of the Fund as measured against the benchmark) basis. Circuit City’s stock was impacted by poor execution of management’s turnaround plan, which has become even more challenging in the difficult consumer environment. E*Trade’s stock price declined in response to a difficult credit market that led to write downs in the company’s securities portfolio. Ambac’s shares declined significantly during the period over concerns that the company would face material losses on certain collateralized debt obligations. Shares of U.S. barge operator American Commercial declined on management’s disclosure of lower grain and bulk commodities shipments which comprises 30% of the company’s revenue. We eliminated our position in Ambac but held onto the other stocks during the period.

What is the outlook?

We believe the U.S. economy has definitely lost momentum. Economic data, on balance, is worsening, led by continued deterioration in the housing market. We expect a challenging and narrow market in the coming quarters. We will continue to invest in sectors opportunistically and on a stock-by-stock basis reflecting our bottom-up process. Our most significant overweights are in Industrials and Information Technology, where we continue to identify new investment opportunities. Our most notable underweight sectors remain Financials and Utilities where it is still difficult to find compelling values.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		16.0	%
Capital Goods		9.9
Consumer Cyclical		8.8
Consumer Staples		5.5
Energy		5.5
Finance		13.7
Health Care		8.0
Services		9.6
Technology		12.8
Transportation		4.0
Utilities		4.8
Short-Term Investments		20.4
Other Assets and Liabilities		(19.0	)
Total		100.0	%

66

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

Performance Overview(1) 9/30/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Retirement Income A#		9/30/05		8.92	%		6.04	%
Retirement Income A##		9/30/05		2.93	%		3.20	%
Retirement Income B#		9/30/05		8.21	%		5.27	%
Retirement Income B##		9/30/05		3.21	%		3.90	%
Retirement Income C#		9/30/05		8.09	%		5.32	%
Retirement Income C##		9/30/05		7.09	%		5.32	%
Retirement Income R3#		9/30/05		8.58	%		6.09	%
Retirement Income R4#		9/30/05		8.82	%		6.20	%
Retirement Income R5#		9/30/05		9.10	%		6.33	%
Retirement Income Y#		9/30/05		9.22	%		6.39	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class R3, R4 and R5 shares commenced operations on 12/22/06.
	Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Retirement Income Fund gained 8.92%, before sales charge, for the twelve-month period ended October 31, 2007, versus 7.78% for the Lipper Mixed-Asset Target Allocation Conservative Funds average, 5.38% for the Lehman Brothers U.S. Aggregate Bond Index, and 14.58% for the S&P 500 Index.

Why did the Fund perform this way?

The Fund’s structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. Generally, the Fund’s target asset allocation is set at approximately 30 % equity and 70% fixed-income. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

On the fixed-income side, yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial mortgage-backed securities (“CMBS”) were the worst. The fixed-income allocation is structured around six fixed-income indices. For the year, the best performer was the Lehman Brothers High Yield Index (up 6.73%); followed by the Lehman Brothers U.S. TIPS (Treasury Inflation Protected Securities) Index (up 6.33%); the Lehman Brothers 1-3 Year Government Index (up 5.73%); the Lehman Brothers U.S.

67

Aggregate Bond Index (up 5.38%); the Merrill Lynch 3-Month U.S. Treasury Bill Index (up 4.97%); and the CSFB Leveraged Loan Index (up 4.15%). Consequently, the Fund benefited from its allocation to high-yield, TIPS and short-term bonds, while the other asset classes underperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation, and a decent employment picture should prove supportive of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008.

We continue to believe that the economy is on a solid, albeit softer path, which will help to sustain good performance for fixed income spread products. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to seek outperformance by focusing on our disciplined long-term approach of asset allocation. We will also look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		8.0	%
The Hartford Disciplined Equity Fund, Class Y		2.9
The Hartford Floating Rate Fund, Class Y		6.2
The Hartford Global Growth Fund, Class Y		2.3
The Hartford Income Fund, Class Y		16.3
The Hartford Inflation Plus Fund, Class Y		13.1
The Hartford International Opportunities Fund, Class Y		2.0
The Hartford International Small Company Fund, Class Y		2.3
The Hartford Money Market Fund, Class Y		2.7
The Hartford Select MidCap Value Fund, Class Y		2.3
The Hartford Select SmallCap Value Fund, Class Y		2.1
The Hartford Short Duration Fund, Class Y		18.3
The Hartford Stock Fund, Class Y		1.6
The Hartford Strategic Income Fund, Class Y		1.0
The Hartford Total Return Bond Fund, Class Y		11.6
The Hartford Value Fund, Class Y		6.0
Other Assets and Liabilities		1.3
Total		100.0	%

68

The Hartford Select MidCap Growth Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 1/01/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Russell MidCap Growth Index measures the performance of those Russell MidCap companies with higher price-to-book ratios and higher forecasted growth values. The stocks are members of the Russell 1000 Growth Index.

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Select MidCap Growth A#		1/01/05		17.76	%		10.69	%
Select MidCap Growth A##		1/01/05		11.29	%		8.50	%
Select MidCap Growth B#		1/01/05		17.15	%		10.01	%
Select MidCap Growth B##		1/01/05		12.15	%		9.11	%
Select MidCap Growth C#		1/01/05		16.89	%		9.88	%
Select MidCap Growth C##		1/01/05		15.89	%		9.88	%
Select MidCap Growth Y#		1/01/05		18.28	%		11.14	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

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

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

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Manager
Hugh Whelan
Managing Director

How did the Fund perform?

The Class A shares of The Hartford Select MidCap Growth Fund gained 17.76%, before sales charge, for the twelve-month period ended October 31, 2007, versus 19.72% for its benchmark, the Russell MidCap Growth Index, and the 25.37% average return of the Lipper Mid-Cap Growth Funds category, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Hartford Investment Management Company became sub-adviser of the Fund, replacing Chartwell, Northern Capital and Goldman Sachs. This transition took place on December 4, 2006.

Why did the Fund perform this way?

During the last year, the Fund’s underperformance was primarily due to adverse security selection in the Energy sector, an underweight (i.e. the Fund’s sector position was less than the benchmark position) in the Industrials sector, and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in the Financials sector. Offsetting this was positive performance from security selection in the Telecom and Consumer Discretionary sectors, as well as an overweight in the Energy sector.

Among the largest contributors to relative (i.e. performance of the Fund as measured against the benchmark) returns were GameStop Corp. and MEMC Electronic Materials, Inc. GameStop posted excellent earnings due to the popular Guitar Hero video game series. MEMC is a major player in the supply chain of solar equipment manufacturing companies and has posted solid results in conjunction with soaring demand for solar-powered devices.

The primary detractor to relative return was an overweight position in WellCare Health Plans, Inc. WellCare’s stock fell after the company’s headquarters were raided by federal and state officers for alleged Medicaid fraud. First Marblehead Corporation was another stock that detracted from performance as a general investigation into student loan practices was initiated. We sold the position in First Marblehead, but continued to hold WellCare.

What is your outlook?

In aggregate, stocks look fairly valued and have generated returns roughly in line with earnings growth. Looking ahead, the environment for stocks looks challenging; threats to future earnings growth appear to be increasing. Volatility in the stock market has increased dramatically, and we see it remaining at this higher level for the near future. This has been a difficult year, but our strategy remains the same. For long term success, we remain fully invested and will build our portfolio from the bottom-up based on company-specific fundamentals.

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Our team invests in companies that we believe have compelling stock characteristics versus the Russell MidCap Growth Index. Our systematic approach weighs 30 fundamental characteristics across four broad categories including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund’s investment universe. We believe this approach will yield attractive risk-adjusted returns relative to the Russell MidCap Growth Index over the long term.

The Fund’s current top holdings include overweight positions in Sierra Pacific Resources, a utility holding company in the western U.S., and W&T Offshore, Inc., an oil and natural gas company. Both Sierra Pacific and W&T Offshore are top holdings due to attractive valuations. Overall, the Fund tends to invest in companies with attractive valuations, higher margins, and stronger earnings growth characteristics than its benchmark.

On November 7, 2007, the Board of Directors (“Board”) of The Hartford Mutual Funds, Inc. (“Company”) approved an Agreement and Plan of Reorganization (“Reorganization Agreement”) that provides for the reorganization of a series of the Company, The Hartford MidCap Growth Fund, into The Hartford Select MidCap Growth Fund, another series of the Company (“Reorganization”). The Reorganization does not require shareholder approval. The Reorganization was approved by the Board in order to eliminate the Company’s redundant product offerings.

Additionally, The Hartford Select MidCap Growth Fund will be renamed “The Hartford MidCap Growth Fund” in connection with the Reorganization.

The Reorganization is expected to occur on or about February 25, 2008 or on such later date as the officers of the Company determine (“Closing Date”). As of the close of business on the Closing Date, pursuant to the Reorganization Agreement, each shareholder of Class A, Class B, Class C and Class Y shares of The Hartford MidCap Growth Fund will become the owner of the number of corresponding full and fractional shares of The Hartford Select MidCap Growth Fund, having an equal aggregate net asset value.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		8.6	%
Capital Goods		4.9
Consumer Cyclical		14.3
Consumer Staples		1.9
Energy		12.9
Finance		11.2
Health Care		7.3
Services		12.6
Technology		20.5
Transportation		1.5
Utilities		4.1
Short-Term Investments		28.7
Other Assets and Liabilities		(28.5	)
Total		100.0	%

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The Hartford Select MidCap Value Fund
(subadvised by: Hartford Investment Management Company)

Performance Overview(1) 4/29/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Russell MidCap Value Index measures the performance of those Russell Midcap companies with lower price-to-book ratios and lower forecasted growth rate. These stocks are also members of the Russell 1000 Value Index.

You cannot invest directly in an index.

Investment objective – Seeks long-term capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Select MidCap Value A#		4/29/05		2.16	%		10.93	%
Select MidCap Value A##		4/29/05		-3.46	%		8.46	%
Select MidCap Value B#		4/29/05		1.51	%		10.15	%
Select MidCap Value B##		4/29/05		-3.36	%		9.11	%
Select MidCap Value C#		4/29/05		1.42	%		10.12	%
Select MidCap Value C##		4/29/05		0.45	%		10.12	%
Select MidCap Value Y#		4/29/05		2.58	%		11.24	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Manager
Hugh Whelan
Managing Director

How did the Fund perform?

The Class A shares of The Hartford Select MidCap Value Fund gained 2.16%, before sales charge, for the twelve-month period ended October 31, 2007, versus 9.73% for its benchmark, the Russell MidCap Value Index, and the 15.90% average return of the Lipper Mid-Cap Core Funds category, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Hartford Investment Management Company became sub-advisor of the Fund, replacing Artisan, Cramer Rosenthal McGlynn and Sterling. This transition took place on December 4, 2006.

Why did the Fund perform this way?

The portfolio’s performance suffered as one of our cornerstone investment themes, valuation, experienced its worst performance in the past decade. None of the other key themes in our investment process — management behavior, investor behavior, and business behavior — came to the rescue as they too experienced either below average or average performance. The portfolio’s performance was hit particularly hard by the volatility spikes in February and late summer. Volatility spikes often mark changes in market leadership, which have historically been difficult periods for our strategy.

The portfolio was hurt by an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the Financial sector and underweights (i.e. the Fund’s sector position was less than the benchmark position) to the Utilities and Materials sectors. However, security selection, especially in the Consumer Staples and Financial sectors, were positive contributors to the portfolio’s performance.

Among the largest contributors to relative performance (i.e. performance of the Fund as measured against the benchmark) were overweights to Tesoro Corporation and Carolina Group. Tesoro rose as it announced strong results and expansion plans that favorably impressed investors. Carolina Group rose after it reported earnings that beat analyst expectations.

Among the largest detractors to relative performance were overweights to Radian Group Inc. and PMI Group, Inc. These mortgage insurers have been hit quite hard by problems in the sub-prime and housing market, but we continue to maintain our positions in the stocks.

What is your outlook?

In aggregate, stocks look fairly valued and have generated returns roughly in line with earnings growth. Looking ahead, the environment for stocks looks challenging; threats to future earnings growth appear to be increasing. Volatility in the stock market has increased dramatically, and we see it remaining at this higher level for the near future. This has

71

been a difficult year, but our strategy remains the same. For long term success, we remain fully invested and build our portfolio from the bottom-up based on company-specific fundamentals.

Our team invests in companies that we believe have compelling stock characteristics versus the Russell Midcap Value Index. Our systematic approach weighs more than 80 fundamental characteristics across four broad categories, including business behavior, management behavior, valuation and investor behavior. This analysis is used to build a broadly diversified portfolio of companies, with sector weightings determined largely by the attractiveness of specific stocks within the Fund’s investment universe. We believe this process will yield attractive risk-adjusted returns relative to the Russell Midcap Value Index over the long term.

The portfolio’s current top holdings include overweights to Americredit Corporation and Coventry Health Care, Inc. These stocks are top holdings primarily because of their combination of attractive valuations and investor recognition characteristics.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		6.7	%
Capital Goods		6.1
Consumer Cyclical		8.3
Consumer Staples		6.3
Energy		10.0
Finance		33.5
Health Care		3.4
Services		4.9
Technology		8.7
Transportation		2.4
Utilities		8.3
Short-Term Investments		13.7
Other Assets and Liabilities		(12.3	)
Total		100.0	%

72

The Hartford Select SmallCap Value Fund
(subadvised by: Kayne Anderson Rudnick Investment Management, LLC Metropolitan West Capital Management, LLC SSgA Funds Management, Inc.)

Performance Overview(1) 7/31/06 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Russell 2000 Value 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 U.S. on the New York Stock Exchange, American Stock Exchange and Nasdaq.

You cannot invest directly in an index.

Investment objective – Seeks capital appreciation.

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Select SmallCap Value A#		7/31/06		7.78	%		14.23	%
Select SmallCap Value A##		7/31/06		1.85	%		9.18	%
Select SmallCap Value B#		7/31/06		6.79	%		13.15	%
Select SmallCap Value B##		7/31/06		1.79	%		10.04	%
Select SmallCap Value C#		7/31/06		6.88	%		13.22	%
Select SmallCap Value C##		7/31/06		5.88	%		13.22	%
Select SmallCap Value Y#		7/31/06		8.09	%		14.58	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Kayne Anderson Rudnick Investment	Metropolitan West Capital	SSgA Funds Management, Inc.
Management, LLC	Management, LLC
Robert A. Schwarzkopf	Gary W. Lisenbee	Ric Thomas
Managing Director	President	Principal
Sandi L. Gleason	Samir Sikka	Chuck Martin
	Senior Vice President	Principal

How did the fund perform?

The Class A shares of The Hartford Select SmallCap Value Fund returned 7.78%, before sales charge, for the twelve-month period ended October 31, 2007. The Fund outperformed the 2.05% return of the Russell 2000 Value Index and the 6.64% return of the Lipper Small Cap Value peer group average.

During the twelve-month period ended October 31, 2007, Samir Sikka was added as a portfolio manager to the Metropolitan West sleeve of the Fund, effective February 15, 2007.

Why did the Fund perform this way?

U.S. equities posted positive returns during the year, with mid cap stocks outperforming small and larger cap stocks, as measured by the S&P Midcap 400 Index, Russell 2000 Index, and S&P 500 Index, respectively. Within small cap stocks, growth stocks outpaced their value counterparts during the period, as measured by the Russell 2000 Growth Index (16.73%) and Russell 2000 Value Index (2.05%). While all but two economic sectors in the Russell 2000 Value Index advanced over the year, performance varied widely by sector. Materials stocks in the Index gained 41.9% on average over the past year. Due in large part to sub-prime mortgage woes, the Financials sector posted a negative total return of (-12.0%) and the Consumer Discretionary sector had a loss of (-11.5%).

Stock selection was the primary driver of the Fund’s during the year. Syntel (a business provider of information technology services and one of our largest holdings) and Tempur-Pedic International (a mattress and pillow manufacturer) were top relative (i.e. performance of the Fund as measured against the benchmark) performers as a result of posting strong financial results and increasing earnings guidance. Other strong contributors for the Fund included Oceaneering International (an offshore oil provider with a focus on deep water applications) and Chattem (a marketer and manufacturer of over-the-counter healthcare products). Oceaneering’s shares surged over 100% during the year due to tight supply, strong pricing and solid performance. The increasing difficulty of finding and tapping oil and gas resources, particularly offshore, heightens demand for Oceaneering’s remotely operated vehicles that service and maintain deepwater rigs. Chattem shares rose

73

due to the successful integration of five personal care and health-care brands it acquired from Johnson & Johnson in January 2007.

Performance also benefited from the Fund’s underweight in the Financials sector relative to the Russell 2000 Value Index, as the sector continued to underperform the market over the period. The Fund’s average weight in Financials was 24%, as compared to 33% for the benchmark.

Detractors from performance included Corus Bankshares (a bank holding company) and W Holding (a financial holding company). Corus fell due to poor financial results from the continued slowdown in the residential housing market. In late June, W Holding sold off 33% on the day that it announced that it had taken a charge to write off an $80 million commercial loan.

What is the outlook?

We remain hopeful regarding the long-term prospects for U.S. equity markets. Corporate profits, cash flow and corporate cash balances continue to expand, attracting the interest of private equity investors who have a longer-term focus and are looking beyond next quarter’s earnings estimates. Currently, the Fund’s overweight positions relative to the benchmark were in Industrials, Consumer Discretionary, Energy and Health Care. Conversely, the Fund’s largest underweight position relative to the benchmark continues to be in Financials, which we consider unattractive given above-average historical valuations, rising credit costs, and the slowdown in the housing market. We believe that the complementary style of the three subadvisors provides the Fund with a well positioned portfolio in this environment to add value relative to the market and its peers.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		9.7	%
Capital Goods		6.6
Consumer Cyclical		14.9
Consumer Staples		2.2
Energy		6.0
Finance		24.3
Health Care		4.2
Services		12.7
Technology		9.7
Transportation		4.2
Utilities		1.9
Short-Term Investments		2.7
Other Assets and Liabilities		0.9
Total		100.0	%

74

The Hartford Short Duration Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 10/31/02 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Short Duration A#		10/31/02		3.80	%		3.11	%		3.11	%
Short Duration A##		10/31/02		0.68	%		2.49	%		2.49	%
Short Duration B#		10/31/02		2.91	%		2.36	%		2.36	%
Short Duration B##		10/31/02		-2.05	%		2.00	%		2.00	%
Short Duration C#		10/31/02		2.91	%		2.36	%		2.36	%
Short Duration C##		10/31/02		1.92	%		2.36	%		2.36	%
Short Duration Y#		11/28/03		4.08	%	NA				3.09	%

#	Without sales charge
##	With sales charge
NA	Not Applicable

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Robert Crusha	Brian Dirgins
Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Short Duration Fund returned 3.80%, before sales charge, for the twelve-month period ended October 31, 2007, versus the 5.77% return of its benchmark, the Lehman Brothers 1-5 Year U.S. Government/Credit Index, and the 3.94% average return of the Lipper Short Investment Grade Debt Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The primary driver of the Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark was its duration (i.e. sensitivity to changes in interest rates) and yield curve position, which remain significantly shorter than that of the benchmark, though more in line with the peer group.

A marked increase in volatility coupled with a liquidity crisis drove a flight to quality in the credit market. The U.S. Treasury sector outperformed all other U.S. investment grade asset classes for the year ended October 2007. An underweight (i.e. the Fund’s sector position was less than the benchmark position) to this sector in favor of an overweight (i.e. the Fund’s sector position was greater than the benchmark position) to the asset-backed securities (“ABS”) sector led to underperformance relative to the index. The performance of the ABS sector suffered as swap spreads (i.e. the difference between the negotiated and fixed rate of a swap contract) widened and sub-prime concerns impacted pricing across all credit qualities.

On the positive side, the slight overweight to the investment grade corporate sector, and the out-of-benchmark allocation to the commercial mortgage-backed securities (“CMBS”) sector benefited the portfolio. In addition, security selection in the investment grade corporate sector and an allocation to cash added to performance.

What is your outlook?

We believe the market is currently pricing in a cut by the Federal Open Market Committee (“the Fed”) in the Federal Funds Rate of 50 basis points by the spring of next year. Our view is that interest rates are slightly ahead of themselves and are reflecting a decline in economic readings. Neither recession nor a strong recovery is priced into the market; we do not think, however, that either of these scenarios is likely. Thus, with the Treasury market fully priced and with our view of the markets, we do not currently advocate a long duration position. However, there are reasons the market could see a continued flight to quality.

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Our business cycle analysis suggests that we are at the beginning of a Fed easing cycle, a period where risky sectors typically outperform. We remain cautious however, despite the fact that the mortgage-backed securities (“MBS”) and ABS sectors are historically cheap relative to other asset classes, due primarily to concerns if the Fed does not ease aggressively enough and/or the economy worsens in the near term. Liquidity remains tight; the problems in the structured investment vehicle (“SIV”) market have still not been resolved and there are fewer sources of liquidity for the financial sector to tap into. Should short-term funding issues continue, the probability of spreads tightening (i.e. short- and long-term interest rates moving closer together) will be greatly reduced and may even result in spread widening (i.e. short and long term interest rates moving farther apart) instead.

The home equity sector in particular will continue to struggle fundamentally, and thus spreads are expected to widen in the near term. Other consumer related ABS sectors such as credit cards and student loans have weakened recently, producing a potential buying opportunity. Similar weakening in the CMBS sector has been in sympathy with the negative news in the home equity market; at this point this appears to be technically, not fundamentally, driven and may offer additional market entry opportunities, especially for senior securities higher up in the capital structure.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		47.2	%
AA		9.4
A		20.2
BBB		22.2
BB		1.0
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		1.2	%
Capital Goods		0.1
Consumer Cyclical		0.5
Consumer Staples		0.9
Energy		1.0
Finance		61.8
Health Care		2.3
Services		3.6
Technology		1.0
Transportation		0.2
U.S. Government Agencies		8.7
U.S. Government Securities		12.3
Utilities		0.7
Short-Term Investments		2.3
Other Assets and Liabilities		3.4
Total		100.0	%

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

Performance Overview(1) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Russell 2000 Growth Index is and unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Small Company A#		7/22/96		23.88	%		21.89	%		9.62	%		11.79	%
Small Company A##		7/22/96		17.07	%		20.52	%		9.00	%		11.23	%
Small Company B#		7/22/96		22.97	%		21.01	%	NA		*	NA		*
Small Company B##		7/22/96		17.97	%		20.82	%	NA		*	NA		*
Small Company C#		7/22/96		22.88	%		21.00	%		8.85	%		11.02	%
Small Company C##		7/22/96		21.88	%		21.00	%		8.85	%		11.02	%
Small Company I#		7/22/96		24.28	%		21.98	%		9.65	%		11.82	%
Small Company R3#		7/22/96		23.62	%		22.29	%		10.06	%		12.25	%
Small Company R4#		7/22/96		24.00	%		22.36	%		10.09	%		12.28	%
Small Company R5#		7/22/96		24.29	%		22.42	%		10.12	%		12.30	%
Small Company Y#		7/22/96		24.44	%		22.45	%		10.13	%		12.31	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

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

How did the Fund perform?

The Class A shares of The Hartford Small Company Fund returned 23.88%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the Russell 2000 Growth Index which returned 16.73% for the same period. The Fund also outperformed the 20.16% return of the average fund in the Lipper Small Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Hugh Whelan replaced Mark Waterhouse as portfolio manager for The Hartford Investment Management Company sleeve of the Fund. This transition was effective on April 2, 2007.

Why did the Fund perform this way?

During a period marked by volatility and concerns of a meltdown in sub-prime mortgage markets, small cap growth stocks generated attractive returns. While small caps lagged (Russell 2000 Index +9.3%) large and mid caps (S&P 500 Index 14.6%, S&P Mid Cap Index 17.0%), growth outperformed value consistently (Russell 2000 Growth Index 16.7% vs. 2.1% Russell 2000 Value Index). Nine out of the ten sectors in the benchmark, the Russell 2000 Growth Index, posted positive returns for the period, led by Utilities (+48%), Materials (+42%) and Information Technology (+25%). The only laggard in this environment was Financials (-2%).

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The Fund’s outperformance versus its benchmark was primarily driven by positive stock selection; relative (i.e. performance of the Fund as measured against the benchmark) sector exposure had only a slight impact on benchmark-relative returns. Security selection was positive in nine out of the ten economic sectors, particularly in the Consumer Discretionary, Information Technology and Materials sectors.

Among the top relative and absolute (i.e. performance of the Fund as measured against the benchmark) contributors to performance during the period were Focus Media Holdings (Consumer Discretionary), Terra Industries (Materials) and Dade Behring (Health Care). Focus Media is the market leading provider of digital advertising in commercial and residential buildings throughout China. The company had been hampered by allegations of related-party transactions, which were cleared after a thorough review. Combined with better earnings results, the stock rebounded on this news. Terra Industries, a major U.S. provider of nitrogen fertilizers to the agricultural supply chain, benefited from robust agricultural demand, especially for ethanol, driving strong operating performance. We believe sales momentum should continue as U.S. corn farmers raise acreage to meet the rising demand from ethanol producers. Dade Behring, a medical diagnostic equipment company, rose following a take-out offer from Siemens at a significant premium. We eliminated the position on this strength. Other contributors to absolute and relative returns included Agrium (Materials), Kingboard Chemical (Information Technology) and Verifone (Information Technology).

Stocks with the largest negative absolute and relative impacts were MoneyGram (Information Technology), The Children’s Place (Consumer Discretionary) and AtheroGenics (Health Care). Shares of global payment services company MoneyGram continued to lag after the company reported a decrease in net income in the first quarter and lower quarterly earnings in the third quarter. In addition, there were also concerns about the value of mortgage securities in the firm’s portfolio. Children’s Place shares were volatile as an investigation into the company’s stock option practices may force the company to restate historical earnings. Pharmaceutical company AtheroGenics’ stock price fell after its proposed drug to fight heart disease failed in a study. All three positions have been eliminated.

What is the outlook?

The Fund focuses on stocks of companies we see as having unique business models or special market opportunities that should allow them to deliver superior growth. As such, changes in the overall positioning of the Fund are the result of bottom-up stock decisions as opposed to top-down macro themes. At the end of the period, the Fund’s largest overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocations versus its benchmark were Consumer Discretionary, Information Technology and Materials; while the largest underweight (i.e. the Fund’s sector position was less than the benchmark position) allocations were Health Care and Industrials. Despite our concerns about the possibility of a U.S. recession, the Fund’s overweight position in Consumer Discretionary is, again, driven by individual bottom-up stock selection. In absolute terms, the Funds’ large sector weights are in Information Technology, Consumer Discretionary and Industrials. Investment opportunities outside the U.S. remain abundant, especially for well-positioned emerging growth companies. As a result, our international exposure of 14% has been close to the maximum levels allowed by the Fund’s investment guidelines (20%).

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		9.8	%
Capital Goods		6.5
Consumer Cyclical		12.4
Consumer Staples		0.6
Energy		4.7
Finance		11.0
Health Care		10.1
Services		12.8
Technology		26.4
Transportation		0.7
Utilities		0.1
Short-Term Investments		44.5
Other Assets and Liabilities		(39.6	)
Total		100.0	%

78

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

Performance Overview(1,2) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Russell 2000 Growth Index is and unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks to maximize short- and long-term capital appreciation.

Average Annual Total Returns(1,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
SmallCap Growth A#		1/04/88		7.18	%		16.60	%		10.10	%		12.20	%
SmallCap Growth A##		1/04/88		1.29	%		15.29	%		9.48	%		11.88	%
SmallCap Growth B#		11/14/94		6.44	%		15.81	%	NA		*	NA		*
SmallCap Growth B##		11/14/94		1.44	%		15.59	%	NA		*	NA		*
SmallCap Growth C#		11/14/94		6.34	%		15.77	%		9.39	%		10.13	%
SmallCap Growth C##		11/14/94		5.34	%		15.77	%		9.39	%		10.13	%
SmallCap Growth I#		2/19/02		7.37	%		16.65	%	NA				9.35	%
SmallCap Growth L#		1/04/88		7.41	%		16.76	%		10.17	%		12.23	%
SmallCap Growth L##		1/04/88		2.31	%		15.63	%		9.64	%		11.96	%
SmallCap Growth R3#		2/19/02		6.92	%		16.95	%	NA				9.16	%
SmallCap Growth R4#		2/19/02		7.23	%		17.01	%	NA				9.22	%
SmallCap Growth R5#		2/19/02		7.48	%		17.07	%	NA				9.26	%
SmallCap Growth Y#		2/19/02		7.61	%		17.10	%	NA				9.28	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Classes A, B and C were offered beginning on 2/19/02. Performance prior to that date is that of the fund’s Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. (Classes M and N are no longer offered.) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(2)	Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(3)	The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

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

How did the Fund perform?

The Class A shares of The Hartford SmallCap Growth Fund returned 7.18%, before sales charge, for the twelve-month period ended October 31, 2007, underperforming its benchmark, the Russell 2000 Growth Index, which returned 16.73% for the same period. The Fund also underperformed the 20.16% return of the average fund in the Lipper Small Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, Hartford Investment Management Company was added as a subadviser to the Fund, effective November 13, 2006.

Why did the Fund perform this way?

U.S. equity markets advanced for the first half of the period, then pulled back in August due to sub-prime and credit worries. During the period, U.S. mid cap equities (+17.0%) outpaced small (+9.3%) and large cap (+14.6%) stocks as measured by the S&P MidCap 400 Index, Russell 2000 Index and S&P 500 Index, respectively. U.S. growth stocks outpaced their value peers, as the Russell 1000 Growth Index returned (+19.2%) versus a Russell 1000 Value Index return of (+10.8%). Within the Russell 2000 Growth Index benchmark, Utilities (+48%), Materials (+42%), and Information Technology (+25%) led performance, while Financials (-2%), Consumer Discretionary (+10%) and Telecommunication Services (+11%) lagged the broader market.

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The Fund’s relative (i.e. performance of the Fund as measured against the benchmark) performance was driven by security selection. Positive stock selection in Materials and Telecommunication Services was not enough to offset unfavorable stock selection in Information Technology, Industrials, Health Care, and Consumer Discretionary. Contributing to the negative stock selection was general underperformance of stocks exhibiting the type of valuation metrics favored by the Fund, such as high earnings yield.

The top relative detractors from performance were MicroStrategy (Information Technology), New York & Co (Consumer Discretionary), and American Commercial (Industrials). Provider of business intelligence software MicroStrategy suffered as the company reported a 28 percent decrease in product license revenue that led to lower profits. We eliminated our position during the period. Shares of apparel chain New York & Co. declined after the company reported weak profits and lowered guidance for 2007. The company’s earnings came under pressure, due to soft customer traffic and increased discounting. We eliminated our position in the stock. American Commercial, a marine transportation company, fell as the company lowered its 2007 earnings guidance due to sluggish productivity levels in the manufacturing sector and weakness in the spot grain markets. We substantially trimmed our position in American Commercial during the period, as we balanced the negative short-term developments against the longer-term opportunities for enhanced operational efficiency and financial results.

Stronger results came from top relative contributors Golden Telecom (Telecommunications Services), Cleveland-Cliffs (Materials), and ITT Educational Services (Consumer Discretionary). Shares of Russian telecommunications provider Golden Telecom rose as the market began to factor in the company’s strong growth potential as it expands its service footprint and offerings. Cleveland-Cliffs, a producer of iron ore pellets in North America, is benefiting from continued strong demand from steel companies and raised sales expectations. ITT Educational Services, a U.S. provider of career-focused postsecondary degree programs, continued to report enrollment gains and significant improvements in student retention. We expect strong cash flow, solid management and accelerated demand for Information Technology programs to bode well for future guidance. We continued to hold all three stocks as of the end the period.

What is the outlook?

We believe the U.S. economy has definitely lost momentum. Economic data on balance is worsening, while the housing market conditions are deteriorating and not yet resolving in any area, making it a challenging and likely narrow market in the coming quarters. We will continue to invest opportunistically and on a stock-by-stock basis reflecting our bottom-up process.

Relative sector over- and underweights versus the benchmark are small and incidental to our bottom-up stock selection strategy. As a result of our stock selection process, the Fund ended the period most overweight (i.e. the Fund’s sector position was greater than the benchmark position) the Information Technology, Health Care, and Telecommunication Services sectors and most underweight (i.e. the Fund’s sector position was less than the benchmark position) the Industrials, Energy, and Utilities sectors.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		5.9	%
Capital Goods		5.4
Consumer Cyclical		11.8
Consumer Staples		0.5
Energy		5.7
Finance		7.8
Health Care		19.2
Services		13.1
Technology		26.5
Transportation		3.5
Utilities		0.1
Short-Term Investments		42.8
Other Assets and Liabilities		(42.3	)
Total		100.0	%

80

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

Performance Overview(1) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks long-term growth of capital.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Stock A#		7/22/96		16.82	%		12.52	%		6.48	%		9.24	%
Stock A##		7/22/96		10.39	%		11.26	%		5.88	%		8.70	%
Stock B#		7/22/96		15.88	%		11.61	%	NA		*	NA		*
Stock B##		7/22/96		10.88	%		11.35	%	NA		*	NA		*
Stock C#		7/22/96		16.02	%		11.75	%		5.76	%		8.50	%
Stock C##		7/22/96		15.02	%		11.75	%		5.76	%		8.50	%
Stock R3#		7/22/96		16.71	%		13.00	%		6.96	%		9.74	%
Stock R4#		7/22/96		17.04	%		13.07	%		6.99	%		9.77	%
Stock R5#		7/22/96		17.31	%		13.12	%		7.02	%		9.79	%
Stock Y#		7/22/96		17.45	%		13.15	%		7.03	%		9.80	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

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

How did the Fund perform?

The Class A shares of The Hartford Stock Fund returned 16.82%, before sales charge, for the twelve-month period ended October 31, 2007, outperforming its benchmark, the S&P 500 Index which returned 14.58% for the same period. The Fund also outperformed the 14.67% return of the average fund in the Lipper Large Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Overall equity market performance was strong for the period. Large cap equities (+14.6%) outpaced small cap stocks (+9.3%) but underperformed mid caps (+17.0%) as represented by the S&P 500 Index, Russell 2000 Index, and S&P MidCap 400 Index, respectively. Reversing the trend from previous months, growth-oriented stocks dominated value-oriented stocks. Eight of the ten sectors in the S&P 500 Index rose during the period led by Energy (+38%), Materials (+33%) and Information Technology (+27%). Financials (-3%) and Consumer Discretionary (-0.3%) posted negative returns.

The Fund’s outperformance versus the benchmark was driven by security selection. Selection was strongest within the Information Technology, Materials and Consumer Staples sectors. Stocks that contributed the most to relative returns included Apple (Information Technology), Elan (Health Care) and Google (Information Technology). Consumer electronics company Apple reported sharply higher profits due to strong sales of Macintosh computers and iPod products. The shares also benefited from enthusiasm over the recent launch of the iPhone. We reduced our holdings in Apple following strong recent gains, but maintain an overweight position in the stock. Shares of Dublin-based biotechnology company Elan gained on investor optimism for its promising drug for treating Alzheimer’s disease. Also, trends continue to improve for its existing multiple sclerosis drug Tysabri. Shares of internet search company Google rallied during the latter part of the period on continued share gains in search and expectations that it will increase its presence in the social networking

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arena. In Materials, the Fund benefited from its holdings in mineral exploration and development company Freeport-McMorran and Brazilian metals and mining company Cia Vale do Rio Doce.

Stock selection within the Consumer Discretionary and Telecommunication Services sectors hurt relative (i.e. performance of the Fund as measured against the benchmark) performance. Top relative detractors from the Fund included Circuit City (Consumer Discretionary), Countrywide Financial (Financials) and DR Horton (Consumer Discretionary). Poor sales trends and thin margins have led to several earnings disappointments for retailer Circuit City. We eliminated the stock as worries about the resiliency of the U.S. consumer have weighed on retail names generally, more so on those attempting to make business model changes. The collapse of the mortgage market caused mortgage originator Countrywide to suffer as its asset quality deteriorated and the market worried that it was facing a liquidity crisis. While the credit concerns will be around for some time and near-term earnings prospects are fairly bleak, the firm has solved its funding issues for the foreseeable future and while we trimmed our holdings we have maintained a position in the stock. Shares of homebuilder D.R. Horton have come under pressure as net orders for new homes have plunged and cancellations spiked amid a deteriorating housing market in the U.S. We have eliminated the position. In Telecommunication Services, the Fund’s holding of Sprint-Nextel detracted most from performance.

What is the outlook?

The Fund continues to be managed with a large cap, core investment approach. We apply a bottom-up investment process in constructing a diversified portfolio and seek companies that exhibit industry leadership, strong balance sheets, solid management, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. Our bottom-up investment approach resulted in the Fund being overweight (i.e. the Fund’s sector position was greater than the benchmark position) Health Care, Information Technology and Consumer Discretionary and underweight (i.e. the Fund’s sector position was less than the benchmark position) Utilities, Industrials and Energy at the end of the period.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		2.9	%
Consumer Cyclical		4.1
Consumer Staples		6.3
Energy		8.9
Finance		22.6
Health Care		16.2
Services		9.4
Technology		28.1
Utilities		0.6
Short-Term Investments		3.0
Other Assets and Liabilities		(2.1	)
Total		100.0	%

82

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

Performance Overview(1) 5/31/07 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

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

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		Since
	Date		Inception
Strategic Income A#		5/31/07		1.53	%
Strategic Income A##		5/31/07		-3.04	%
Strategic Income B#		5/31/07		1.21	%
Strategic Income B##		5/31/07		-3.72	%
Strategic Income C#		5/31/07		1.31	%
Strategic Income C##		5/31/07		0.32	%
Strategic Income I#		5/31/07		1.84	%
Strategic Income Y#		8/31/07		3.28	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A Shares of The Hartford Strategic Income Fund gained 1.53%, before sales charge, for the period from inception on May 31, 2007 through October 31, 2007, versus the return of 3.46% for the Lehman Brothers U.S. Aggregate Bond Index, and the 1.36% return of the Lipper Multi-Sector Income Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The Fund’s “since inception” period from May 31, 2007 to October 31, 2007 was challenging as the impact of the sub-prime mortgage market meltdown contributed to a repricing of risk. As a result, investors fled to the safety of U.S. Government debt which rallied interest rates across the yield curve. To prevent the credit crisis from spilling over into the general economy, the Federal Open Market Committee (“the Fed”) cut the rate on September 18, 2007 by 50 basis points then again on October 31, 2007 by 25 basis points to end the period at a rate of 4.50%. This injection of liquidity amidst high demand for “riskless” assets contributed to 62 basis points of curve steepening between the two- and ten-year parts of the curve.

The strong Treasury rally of the past few months offset negative performance associated with the spike in risk premiums (i.e. difference between the risk associated with buying or holding a Treasury and holding a high yield bond) of spread products (bonds yielding more than Treasuries). The Fund could not keep pace with the benchmark return due to its emphasis on income generation, and hence its overweight (i.e. the Fund’s sector position was greater than the benchmark position) to riskier asset classes.

The greatest driver of the Fund’s underperformance versus its benchmark was exposure to out-of-benchmark high yield and emerging markets debt securities. In addition, the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) to Treasuries, the best performing asset class by far during the five-month period, detracted from relative (i.e. performance of the Fund as measured against the benchmark) performance.

What is your outlook?

Our business cycle analysis suggests that risky sectors typically outperform at the beginning of a Fed easing cycle. Spreads have widened (i.e. short and long term interest rates moving farther apart) in below investment grade corporates and, although defaults have begun to

83

tick up, they still remain well below the historical 5% default rate. The market also seems to be doing a better job at discriminating between good and bad credits, and this provides opportunities to add to high yield, but investments in this sector will be very issuer specific. Agency mortgage pass-throughs and asset-backed securities also offer good return opportunities as spreads have widened due to supply and demand dynamics. Finally, we expect continued dollar weakening versus both major and emerging markets currencies. We are retaining a foreign bond bias in short maturities on an unhedged basis, though we have scaled back foreign currency exposure.

We continue to believe the economy will avoid a recession. Income-oriented funds will do well to retain an aggressive bias in the coming few months.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		5.7	%
Capital Goods		1.9
Consumer Cyclical		6.3
Consumer Staples		0.5
Energy		2.7
Finance		34.2
Foreign Governments		4.4
Health Care		1.9
Services		11.5
Technology		7.9
Transportation		1.1
U.S. Government Agencies		12.2
U.S. Government Securities		0.2
Utilities		5.9
Short-Term Investments		10.7
Other Assets and Liabilities		(7.1	)
Total		100.0	%

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		26.3	%
AA		4.8
A		2.7
BBB		8.4
BB		17.7
B		30.9
CCC		5.4
Not Rated		3.8
Total		100.0	%

84

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

Performance Overview(1) 9/30/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

Investment objective – seeks to maximize total return and secondarily, to seek capital preservation.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Target Retirement 2010 A#		9/30/05		13.55	%		9.05	%
Target Retirement 2010 A##		9/30/05		7.30	%		6.13	%
Target Retirement 2010 B#		9/30/05		12.61	%		8.20	%
Target Retirement 2010 B##		9/30/05		7.61	%		6.87	%
Target Retirement 2010 C#		9/30/05		12.68	%		8.21	%
Target Retirement 2010 C##		9/30/05		11.68	%		8.21	%
Target Retirement 2010 R3#		9/30/05		13.25	%		9.05	%
Target Retirement 2010 R4#		9/30/05		13.58	%		9.20	%
Target Retirement 2010 R5#		9/30/05		13.86	%		9.33	%
Target Retirement 2010 Y#		9/30/05		13.83	%		9.32	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Target Retirement 2010 Fund gained 13.55%, before sales charge, for the twelve-month period ended October 31, 2007, versus 10.20% for the Lipper Mixed-Asset Target 2010 Funds average, 5.38% for the Lehman Brothers U.S. Aggregate Bond Index, and 14.58% for the S&P 500 Index.

Why did the Fund perform this way?

The Fund’s primary objective is to maximize total return, but with a secondary objective of preserving capital as the Fund approaches its target year of 2010. Currently, the Fund’s target asset allocation is set at approximately 54% fixed-income and 46% equity.

The Fund’s structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased, which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

On the fixed-income side, yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial mortgage-backed securities (“CMBS”) were the worst. The fixed-income allocation is structured around six fixed-income indices. For the year, the best performer was the Lehman Brothers High Yield Index (up 6.73%); followed by the Lehman Brothers U.S. TIPS (Treasury

85

Inflation Protected Securities) Index (up 6.33%); the Lehman Brothers 1-3 Year Government Index (up 5.73%); the Lehman Brothers U.S. Aggregate Bond Index (up 5.38%); the Merrill Lynch 3-Month U.S. Treasury Bill Index (up 4.97%); and the CSFB Leveraged Loan Index (up 4.15%). Consequently, the Fund benefited from its allocation to high-yield, TIPS and short-term bonds, while the other asset classes underperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation, and a decent employment picture should prove supportive of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008.

We continue to believe that the economy is on a solid, albeit softer path, which will help to sustain good performance for fixed income spread products. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to seek outperformance by focusing on our discliplined long-term approach of asset allocation. We will also look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		13.4	%
The Hartford Floating Rate Fund, Class Y		5.2
The Hartford Global Growth Fund, Class Y		4.0
The Hartford Growth Opportunities Fund, Class Y		1.9
The Hartford Income Fund, Class Y		18.5
The Hartford Inflation Plus Fund, Class Y		7.8
The Hartford International Opportunities Fund, Class Y		4.5
The Hartford International Small Company Fund, Class Y		4.3
The Hartford Select MidCap Value Fund, Class Y		3.3
The Hartford Select SmallCap Value Fund, Class Y		2.3
The Hartford Short Duration Fund, Class Y		13.8
The Hartford Strategic Income Fund, Class Y		2.9
The Hartford Total Return Bond Fund, Class Y		4.3
The Hartford Value Fund, Class Y		11.5
The Hartford Value Opportunities Fund, Class Y		1.7
Other Assets and Liabilities		0.6
Total		100.0	%

86

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

Performance Overview(1) 9/30/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

Investment objective – seeks to maximize total return and secondarily, to seek capital preservation.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Target Retirement 2020 A#		9/30/05		14.95	%		10.96	%
Target Retirement 2020 A##		9/30/05		8.63	%		7.99	%
Target Retirement 2020 B#		9/30/05		14.09	%		10.12	%
Target Retirement 2020 B##		9/30/05		9.09	%		8.81	%
Target Retirement 2020 C#		9/30/05		14.10	%		10.13	%
Target Retirement 2020 C##		9/30/05		13.10	%		10.13	%
Target Retirement 2020 R3#		9/30/05		14.52	%		10.92	%
Target Retirement 2020 R4#		9/30/05		14.85	%		11.07	%
Target Retirement 2020 R5#		9/30/05		15.12	%		11.20	%
Target Retirement 2020 Y#		9/30/05		15.20	%		11.23	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Target Retirement 2020 Fund gained 14.95%, before sales charge, for the twelve-month period ended October 31, 2007, versus 12.15% for Lipper Mixed-Asset Target 2020 Funds average, 5.38% for the Lehman Brothers U.S. Aggregate Bond Index, and 14.58% for the S&P 500 Index.

Why did the Fund perform this way?

The Fund’s primary objective is to maximize total return, but with a secondary objective of preserving capital as the Fund approaches its target year of 2020. Currently, the Fund’s target asset allocation is set at approximately 64% equity and 36% fixed-income.

The Fund’s structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased, which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

On the fixed-income side, yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial mortgage-backed securities (“CMBS”) were the worst. The fixed-income allocation is structured around six fixed-income indices. For the year, the best performer was the Lehman Brothers High Yield Index (up 6.73%); followed by the Lehman Brothers U.S. TIPS (Treasury

87

Inflation Protected Securities) Index (up 6.33%); the Lehman Brothers 1-3 Year Government Index (up 5.73%); the Lehman Brothers U.S. Aggregate Bond Index (up 5.38%); the Merrill Lynch 3-Month U.S. Treasury Bill Index (up 4.97%); and the CSFB Leveraged Loan Index (up 4.15%). Consequently, the Fund benefited from its allocation to high-yield, TIPS and short-term bonds, while the other asset classes underperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your Outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation, and a decent employment picture should prove supportive of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008.

We continue to believe that the economy is on a solid, albeit softer path, which will help to sustain good performance for fixed income spread products. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to seek outperformance by focusing on our discliplined long-term approach of asset allocation. We will also look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		14.6	%
The Hartford Disciplined Equity Fund, Class Y		4.5
The Hartford Equity Income Fund, Class Y		2.9
The Hartford Floating Rate Fund, Class Y		4.1
The Hartford Global Growth Fund, Class Y		3.5
The Hartford Growth Opportunities Fund, Class Y		2.8
The Hartford Income Fund, Class Y		13.1
The Hartford Inflation Plus Fund, Class Y		6.4
The Hartford International Opportunities Fund, Class Y		5.2
The Hartford International Small Company Fund, Class Y		5.6
The Hartford Select MidCap Value Fund, Class Y		3.7
The Hartford Select SmallCap Value Fund, Class Y		4.4
The Hartford Short Duration Fund, Class Y		5.7
The Hartford Small Company Fund Class Y		1.0
The Hartford Stock Fund, Class Y		1.9
The Hartford Strategic Income Fund, Class Y		1.6
The Hartford Total Return Bond Fund, Class Y		4.4
The Hartford Value Fund, Class Y		14.3
Other Assets and Liabilities		0.3
Total		100.0	%

88

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

Performance Overview(1) 9/30/05 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

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

You cannot invest directly in an index.

Investment objective – seeks to maximize total return and secondarily, to seek capital preservation.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			Since
	Date		Year			Inception
Target Retirement 2030 A#		9/30/05		18.34	%		12.12	%
Target Retirement 2030 A##		9/30/05		11.83	%		9.11	%
Target Retirement 2030 B#		9/30/05		17.53	%		11.31	%
Target Retirement 2030 B##		9/30/05		12.53	%		10.02	%
Target Retirement 2030 C#		9/30/05		17.44	%		11.33	%
Target Retirement 2030 C##		9/30/05		16.44	%		11.33	%
Target Retirement 2030 R3#		9/30/05		17.85	%		12.08	%
Target Retirement 2030 R4#		9/30/05		18.17	%		12.23	%
Target Retirement 2030 R5#		9/30/05		18.39	%		12.33	%
Target Retirement 2030 Y#		9/30/05		18.60	%		12.43	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

How did the Fund perform?

The Class A shares of The Hartford Target Retirement 2030 Fund gained 18.34%, before sales charge, for the twelve-month period ended October 31, 2007, versus 15.83% for the Lipper Mixed-Asset Target 2030 Funds average, 5.38% for the Lehman Brothers U.S. Aggregate Bond Index, and 14.58% for the S&P 500 Index.

Why did the Fund perform this way?

The Fund’s primary objective is to maximize total return, but with a secondary objective of preserving capital as the Fund approaches its target year of 2030. Currently, the Fund’s target asset allocation is set at approximately 79% equity and 21% fixed-income.

The Fund’s structure allows for investment across all market capitalizations and styles, both within the U.S. and internationally. This diversification is designed to enhance the long-term return and risk characteristics of the Fund. The Fund’s equity allocation is structured around five equity indices. For the year, the MSCI EAFE Index (international equities) was the top performer, up 25.43%; followed by the Russell 1000 Growth Index (U.S. large cap equities) up 19.23%; the Russell MidCap Index (U.S. mid cap equities) up 15.24%; the Russell 1000 Value Index (U.S. large cap equities) up 10.83%; and the Russell 2000 Index (U.S. small cap equities) up 9.27%. Over the course of the period, the Fund’s allocation to international equities was increased, which proved additive to performance. Within that asset class, our exposure to emerging market stocks from our underlying funds did particularly well. In terms of the domestic equity allocation, we have repositioned the portfolio from a value-stock bias to a growth-stock bias.

On the fixed-income side, yields fell during the period, with the yield on the five-year Treasury note decreasing 39 basis points to 4.17% and the yield on the ten-year Treasury note decreasing 13 basis points to 4.47%. Within the major sectors of the Lehman Brothers U.S. Aggregate Bond Index, U.S. Treasuries were the top performer, while commercial mortgage-backed securities (“CMBS”) were the worst. The fund is structured around three fixed-income indices. For the year, the best performer was the Lehman Brothers U.S. TIPS Index (up 6.33%), followed by the Lehman Brothers 1-3 Year Government Index (up

89

5.73%), and Lehman Brothers U.S. Aggregate Bond Index (up 5.38%). Consequently, the fund benefited from its allocation to TIPS and short-term bonds, which outperformed the Lehman Brothers U.S. Aggregate Bond Index. The Fund’s duration (i.e. sensitivity to changes in interest rates) is targeted to be less than the Lehman Brothers U.S. Aggregate Bond Index based on risk preferences of the Fund. For the period, short duration positioning detracted from overall performance as interest rates generally declined.

The Fund’s performance is also influenced by the performance of the active underlying fund managers. In keeping with the Fund’s long-term approach, we typically use cash flows to reallocate among the underlying funds. One hard rebalance (i.e. a fund rebalancing to move the underlying fund investments to their target allocation percentages) was executed during the year and overall, fund selection was additive to relative performance.

What is your outlook?

We believe that the concerns surrounding the impact of the weak residential housing sector are likely to persist, leading to sustained market volatility in the months ahead. While there has been a legitimate deterioration of fundamentals in the housing sector, other asset classes have suffered based on the assumption that consumers will reduce spending, which will ultimately lead to deteriorating economic conditions. We, however, believe otherwise as an accommodative Fed, low inflation, and a decent employment picture should prove supportive of the markets and the economy. Looking ahead, the environment for stocks looks challenging as threats to future earnings growth appear to be increasing. Volatility in the stock market has also increased materially, and we see it remaining at this higher level for the near future. Nevertheless, we believe stocks are modestly undervalued and expect the equity markets to generate returns roughly in line with earnings growth in 2008.

We continue to believe that the economy is on a solid, albeit softer path, which will help to sustain good performance for fixed income spread products. In all, we are finding value in quite a few asset classes and believe that current valuations justify an increase in risk posture. We will continue to seek outperformance by focusing on our discliplined long-term approach of asset allocation. We will also look for opportunities to further enhance the Fund’s diversification through exposure to additional asset classes that appear to offer compelling value.

Composition by Underlying Fund
as of October 31, 2007

	Percentage of
Fund Name	Net Assets
The Hartford Capital Appreciation Fund, Class Y		20.8	%
The Hartford Disciplined Equity Fund, Class Y		3.2
The Hartford Equity Income Fund, Class Y		4.4
The Hartford Global Growth Fund, Class Y		4.4
The Hartford Growth Opportunities Fund, Class Y		2.9
The Hartford Income Fund, Class Y		3.5
The Hartford Inflation Plus Fund, Class Y		5.2
The Hartford International Opportunities Fund, Class Y		6.5
The Hartford International Small Company Fund, Class Y		6.4
The Hartford Select MidCap Value Fund, Class Y		4.1
The Hartford Select SmallCap Value Fund, Class Y		5.8
The Hartford Short Duration Fund, Class Y		3.3
The Hartford Small Company Fund Class Y		2.3
The Hartford Stock Fund, Class Y		2.6
The Hartford Total Return Bond Fund, Class Y		9.4
The Hartford Value Fund, Class Y		14.2
Other Assets and Liabilities		1.0
Total		100.0	%

90

The Hartford Tax-Free California Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 10/31/02 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Lehman Brothers California Municipal Bond Index is an unmanaged index of municipal bonds issued by the State of California with maturities greater than two years.

You cannot invest directly in an index.

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

Average Annual Total Returns(2) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Tax-Free California A#		10/31/02		0.16	%		4.20	%		4.20	%
Tax-Free California A##		10/31/02		-4.34	%		3.25	%		3.25	%
Tax-Free California B#		10/31/02		-0.58	%		3.42	%		3.42	%
Tax-Free California B##		10/31/02		-5.40	%		3.07	%		3.07	%
Tax-Free California C#		10/31/02		-0.58	%		3.46	%		3.46	%
Tax-Free California C##		10/31/02		-1.55	%		3.46	%		3.46	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B and C shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Charles Grande	Christopher Bade
Executive Vice Preside	Vice President

How did the Fund perform?

The Class A shares of The Hartford Tax-Free California Fund gained 0.16%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers California Municipal Bond Index, which returned 2.59%, and the 1.41% average return of the Lipper California Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

During the year, the municipal market and the Fund experienced two distinct periods of performance. During the first half of the year rates remained relatively stable and low, and credit fundamentals were best described as benign. Demand remained strong even in the face of robust issuance, which was up almost 40% nationally in the first half of the fiscal year, with the State of California up almost 80%. In this market environment, the Fund’s greater overall duration (i.e. sensitivity to changes in interest rates), longer yield curve positioning and exposure to non-investment grade bonds resulted in positive performance and better relative (i.e. performance of the Fund as measured against the benchmark) returns. Good security selection and our significant exposure to education and special tax bonds (i.e. a bond secured by the special taxes levied on certain real estate) contributed to positive performance.

Market conditions adjusted dramatically in the second half of the year. Interest rate movements became more volatile, and the credit dynamic quickly deteriorated to a “flight to quality” on the back of the faltering national housing market. The municipal curve steepened as long maturity bonds underperformed shorter maturities. High yield credit sectors also suffered for technical reasons — a number of high yield funds liquidated positions in order to fund redemptions which in turn placed pressure on a portion of the market that had limited support. Thus, our overweight (i.e. the Fund’s sector position was greater than the benchmark position) to high yield was a drag on performance.

Special tax bonds, which have represented as much as 25% of holdings, are specifically tied to the performance of the California housing market. These bonds are secured by special taxes assessed on new housing developments. As the housing market story has unfolded, special tax bonds have underperformed, and our exposure has been a drag on performance.

Additionally, the Fund is more sensitive to rate volatility given its long duration, long credit risk and positioning long on the curve (bonds with maturities 25 years and longer); this too significantly hurt relative returns later in the year, offsetting some of the earlier gains.

On a positive note, positions in higher quality, insured and pre-refunded bonds helped performance during the second half of the year, however,

91

the Fund did not carry significant exposure to these better performing assets.

What is your outlook?

We have a constructive approach to the municipal market given its attractive pricing relative to alternative fixed-income products. Investment grade municipal bonds are “cheap” when compared on an after-tax basis to taxable fixed-income assets. Credit spreads, while currently volatile, appear to be more broadly driven by technical than fundamental factors. This being the case, we remain constructive on credit, although we are now relying more than ever on our in-house proprietary credit analysis to make informed credit decisions.

We believe the boom/bust nature of the California housing market and its potential negative effect on credit performance within the state bears close monitoring long term. In fact, the State now projects a $10 billion shortfall next fiscal year, attributed largely to the troubled housing market, which prompted the Governor to propose 10% spending cuts across the board.

We remain selective when increasing our exposure to non-investment grade bonds. This is especially true for special tax bonds in the state. Our underwriting standards in this sector have tightened up considerably in response to our concerns with the housing slowdown in California, the sub-prime lending market, weakening credit quality of homebuilders and increasing foreclosures in the state. According to the National Association of Realtors, California home sales were down 29% in the third quarter (year-over-year) compared to a 12% decline for the nation as a whole. However, at this time, we are comfortable with our current exposure to these credits and are unaware of any current problems within Fund holdings. We believe the California housing market tends to be less speculative in nature than some tourist/second home driven economies in the southeast and southwest. This is the main theme behind our comfort with prudently continuing to underwrite special assessment credits.

We recently increased the Fund’s exposure to high yield bonds and as a result, the average rating for the Fund dropped to ‘A3.’ We do not expect the Fund’s average rating will drop below its current level if credit performance meets our expectations. We believe we are being appropriately compensated when purchasing high yield opportunities and look to take advantage of this period to increase the Fund’s yield. We expect to increase Fund exposure to the tobacco sector during the next fiscal year, and we continue to favor health care and education bonds because of the positive demographic trends and the services and products these sectors provide.

The yield curve has steepened and we believe it will continue to do so. For that reason, we are more cautious when extending out the curve for new purchases. Whenever possible we will shorten the maturity of our purchases to reduce the Fund’s susceptibility to underperformance.

Municipal issuance remains on record pace year-to-date nationally and is at an even higher pace within the State of California. However, supply levels could weaken for the remainder of the year as the reoccurring liquidity crisis in our market and increasing absolute rates discourage further issuance and refunding activity.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		21.8	%
AA		3.7
A		18.6
BBB		23.6
Not Rated		32.3
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Airport Revenues		2.3	%
General Obligations		2.8
Health Care/Services		9.1
Higher Education (Univ., Dorms, etc.)		16.2
Housing (HFA’s, etc.)		2.3
Industrial		3.5
Miscellaneous		10.3
Pollution Control		1.7
Prerefunded		5.2
Public Facilities		0.7
Special Tax Assessment		24.0
Tax Allocation		10.4
Transportation		2.3
Utilities — Gas		2.3
Utilities — Water and Sewer		4.7
Short-Term Investments		1.1
Other Assets and Liabilities		1.1
Total		100.0	%

92

The Hartford Tax-Free Minnesota Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1,2) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks to provide current income exempt from both federal income tax and Minnesota state personal income tax.

Average Annual Total Returns(1,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Tax-Free Minnesota A#		6/02/86		0.80	%		3.66	%		4.33	%		5.64	%
Tax-Free Minnesota A##		6/02/86		-3.73	%		2.71	%		3.85	%		5.41	%
Tax-Free Minnesota B#		11/14/94		0.05	%		2.92	%	NA		*	NA		*
Tax-Free Minnesota B##		11/14/94		-4.76	%		2.58	%	NA		*	NA		*
Tax-Free Minnesota C#		11/14/94		-0.09	%		2.91	%		3.50	%		4.45	%
Tax-Free Minnesota C##		11/14/94		-1.05	%		2.91	%		3.50	%		4.45	%
Tax-Free Minnesota L#		11/14/94		0.75	%		3.67	%		4.30	%		5.24	%
Tax-Free Minnesota L##		11/14/94		-3.79	%		2.72	%		3.82	%		4.86	%
Tax-Free Minnesota Y#		2/19/02		0.84	%		3.78	%	NA				4.17	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Classes A, B and C were offered beginning on 2/19/02. Performance prior to that date is that of the fund’s Classes E, M and N shares, respectively, which have lower operating expenses. Performance prior to 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. Classes E, M and N are no longer offered.
(2)	Growth of a $10,000 investment in Classes B, C, L and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(3)	The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Charles Grande	Christopher Bade
Executive Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Tax-Free Minnesota Fund gained 0.80%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers Municipal Bond Index, which returned 2.91%, and the 1.98% average return of the Lipper Minnesota Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

During the year, the municipal market and the Fund experienced two distinct periods of performance. During the first half of the year rates remained relatively stable and low, and credit fundamentals were best described as benign. Demand remained strong even in the face of robust issuance, which was up more than 40% nationally compared to last year, with the State of Minnesota up 14% in the first half. In this market environment, the Fund’s greater overall duration (i.e. sensitivity to changes in interest rates), longer yield curve positioning and exposure to non-investment grade bonds resulted in positive performance and better relative (i.e. performance of the Fund as measured against the benchmark) returns. Good security selection and our significant exposure to health care and education bonds contributed to positive performance.

Market conditions adjusted dramatically in the second half of the year. Interest rate movements became more volatile, and the credit dynamic quickly deteriorated to a “flight to quality” on the back of the faltering national housing market. The municipal curve steepened as long maturity bonds underperformed shorter maturities. The Fund’s performance lagged during this period of re-pricing of risk. The Fund holds a greater exposure to lower quality assets such as high yield tobacco, special tax and health care bonds; spread widening (i.e. short and long term interest rates moving farther apart) was greatest in these riskier sectors, significantly hurting relative returns. Additionally, the Fund is more sensitive to rate volatility given its long duration, long credit risk and positioning long on the curve (bonds with maturities 25

93

years and longer); this too significantly hurt relative returns later in the year, offsetting some of the earlier gains.

On a positive note, positions in higher quality, general obligation, insured and pre-refunded bonds helped performance during the second half of the year. The Fund holds 34% of these better-performing assets as of the end of the period. In addition, lack of exposure to tobacco bonds assisted performance, as this sector generated the greatest negative returns due to widening credit spreads and the expectation of greater supply. Exposure to shorter term bonds (1-10 years) assisted performance as the yield curve steepened later in the year; during that period, 30% of the Fund’s assets, on average, were exposed to this shorter portion of the curve.

What is your outlook?

We have a constructive approach to the municipal market given its attractive pricing relative to alternative fixed-income products. Investment grade municipal bonds are “cheap” when compared on an after-tax basis to taxable fixed-income assets. Credit spreads, while currently volatile, appear to be more broadly driven by technical than fundamental factors. This being the case, we remain constructive on credit, although we are now relying more than ever on our in-house proprietary credit analysis to make informed credit decisions.

We believe the housing slowdown within the State of Minnesota and its potential negative effect on credit performance bears close monitoring long term. We remain selective when increasing our exposure to non-investment grade bonds. We expect the Fund rating to remain ‘A2’ as credit performance of our current exposures meets our expectations. We believe we are being appropriately compensated when purchasing high yield opportunities and look to take advantage of this period to increase the Fund’s yield. We expect to increase exposure to the tobacco sector during the next fiscal year (though this opportunity is limited to purchases of Puerto Rico tobacco bonds, as the Sate of Minnesota does not issue tobacco bonds). We continue to favor health care and education bonds because of the positive demographic trends and the services and products these sectors provide.

The yield curve has steepened and we believe it will continue to do so. For that reason, we are more cautious when extending out the curve for new purchases. Whenever possible we will shorten the maturity of our purchases to reduce the Fund’s susceptibility to underperformance.

Municipal issuance remains on record pace year-to-date nationally and is at a similar pace within the State of Minnesota. However, supply levels could weaken for the remainder of the year as the reoccurring liquidity crisis in our market and increasing absolute rates discourage further issuance and refunding activity.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		26.6	%
AA		12.1
A		19.0
BBB		24.9
Not Rated		17.4
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Airport Revenues		2.9	%
General Obligations		11.8
Health Care/Services		25.2
Higher Education (Univ., Dorms, etc.)		13.2
Housing (HFA’s, etc.)		5.4
Industrial		2.2
Pollution Control		1.4
Prerefunded		15.1
Public Facilities		6.3
Tax Allocation		3.3
Utilities — Electric		5.1
Utilities — Water and Sewer		3.1
Short-Term Investments		4.2
Other Assets and Liabilities		0.8
Total		100.0	%

94

The Hartford Tax-Free National Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1,2) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Tax-Free National A#		6/02/86		0.30	%		4.27	%		4.74	%		6.15	%
Tax-Free National A##		6/02/86		-4.22	%		3.31	%		4.26	%		5.92	%
Tax-Free National B#		11/14/94		-0.45	%		3.51	%	NA		*	NA		*
Tax-Free National B##		11/14/94		-5.24	%		3.17	%	NA		*	NA		*
Tax-Free National C#		11/14/94		-0.45	%		3.52	%		3.87	%		4.97	%
Tax-Free National C##		11/14/94		-1.41	%		3.52	%		3.87	%		4.97	%
Tax-Free National I#		2/19/02		0.58	%		4.32	%	NA				4.71	%
Tax-Free National L#		11/14/94		0.28	%		4.26	%		4.62	%		5.75	%
Tax-Free National L##		11/14/94		-4.23	%		3.31	%		4.14	%		5.37	%
Tax-Free National Y#		2/19/02		0.48	%		4.46	%	NA				4.90	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, L and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Classes A, B and C were offered beginning on 2/19/02. Performance prior to that date is that of the fund’s Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. (Classes M and N are no longer offered.) Class I shares commenced operations on 5/31/07. Performance prior to 5/31/07 reflects Class A performance.
(3)	The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Portfolio Managers
Charles Grande	Christopher Bade
Executive Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Tax-Free National Fund returned 0.30%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers Municipal Bond (National) Index, which returned 2.91%, and the 1.81% average return of the Lipper General Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

During the year, the municipal market and the Fund experienced two distinct periods of performance. During the first half of the year rates remained relatively stable and low, and credit fundamentals were best described as benign. Demand remained strong even in the face of robust issuance, which was up more than 40% nationally compared to last year. In this market environment, the Fund’s greater overall duration (i.e. sensitivity to changes in interest rates), longer yield curve positioning and exposure to non-investment grade bonds resulted in positive performance and better relative (i.e. performance of the Fund as measured against the benchmark) returns. Good security selection and our significant exposure to health care, education and special tax bonds (i.e. a bond secured by the special taxes levied on certain real estate) contributed to positive performance.

Market conditions adjusted dramatically in the second half of the year. Interest rate movements became more volatile, and the credit dynamic quickly deteriorated to a “flight to quality” on the back of the faltering national housing market. The municipal curve steepened as long maturity bonds underperformed shorter maturities. The Fund’s performance lagged during this period of re-pricing of risk. The Fund holds a greater exposure to lower quality assets such as high yield tobacco, special tax and health care bonds; spread widening (i.e. short and long term interest rates moving farther apart) was greatest in these riskier sectors, significantly hurting relative returns. Additionally, the Fund is more sensitive to rate volatility given its long duration, long credit risk and positioning long on the curve (bonds with maturities 25

95

years and longer); this too significantly hurt relative returns later in the year, offsetting some of the earlier gains.

On a positive note, positions in higher quality, insured and pre-refunded bonds helped performance during the second half of the year, however, the Fund did not carry significant exposure to these better performing assets.

What is your outlook?

We have a constructive approach to the municipal market given its attractive pricing relative to alternative fixed-income products. Investment grade municipal bonds are “cheap” when compared on an after-tax basis to taxable fixed-income assets. Credit spreads, while currently volatile, appear to be more broadly driven by technical than fundamental factors. This being the case, we remain constructive on credit, although we are now relying more than ever on our in-house proprietary credit analysis to make informed credit decisions.

We recently increased the Fund’s exposure to high yield bonds and as a result, the average rating for the Fund dropped to ‘Baa1.’ We do not expect the Fund’s rating will drop below its current level. Going forward, we expect our current credit bets will allow the Fund’s rating to rise as positive credit performance meets our expectations. We believe we are being appropriately compensated when purchasing high yield opportunities and look to take advantage of this period to increase the Fund’s yield. We expect to increase Fund exposure to the tobacco sector during the next fiscal year and we continue to favor health care and education bonds because of the positive demographic trends and the services and products these sectors provide.

The yield curve has steepened and we believe it will continue to do so. For that reason, we are more cautious when extending out the curve for new purchases. Whenever possible, we will shorten the maturity of our purchases to reduce the Fund’s susceptibility to underperformance.

Municipal issuance remains on record pace year-to-date. However, supply levels could weaken for the remainder of the year as the reoccurring liquidity crisis in our market and increasing absolute rates discourage further issuance and refunding activity.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Airport Revenues		2.3	%
General Obligations		10.2
Health Care/Services		25.1
Higher Education (Univ., Dorms, etc.)		8.4
Housing (HFA’s, etc.)		3.2
Industrial		4.9
Miscellaneous		13.6
Pollution Control		2.4
Prerefunded		0.4
Public Facilities		1.0
Refunded With U.S. Government Securities		6.4
Special Tax Assessment		11.4
Tax Allocation		4.1
Utilities — Electric		1.1
Utilities — Water and Sewer		1.5
Short-Term Investments		3.0
Other Assets and Liabilities		1.0
Total		100.0	%

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		14.5	%
AA		14.0
A		20.9
BBB		15.4
BB		2.2
B		1.2
CCC		2.7
Not Rated		29.1
Total		100.0	%

Distribution by State
as of October 31, 2007

	Percentage of
State	Net Assets
Alabama		1.1	%
Alaska		0.5
Arizona		2.7
California		6.1
Colorado		6.3
Connecticut		0.5
Florida		10.9
Georgia		2.4
Illinois		7.3
Indiana		2.7
Iowa		0.5
Kansas		0.9
Kentucky		0.1
Louisiana		1.9
Maryland		0.6
Massachusetts		0.6
Michigan		5.1
Minnesota		2.4
Mississippi		0.2
Missouri		1.7
Montana		0.3
Nevada		2.5
New Hampshire		0.4
New Jersey		1.6
New Mexico		1.1
New York		5.8
North Carolina		3.2
Ohio		4.7
Oklahoma		0.7
Other U.S. Territories		0.4
Pennsylvania		1.7
Rhode Island		3.5
South Carolina		2.1
Tennessee		0.3
Texas		6.1
Vermont		0.3
Virginia		3.6
Washington		3.0
Wisconsin		0.2
Short-Term Investments		3.0
Other Assets and Liabilities		1.0
Total		100.0	%

96

The Hartford Tax-Free New York Fund
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 10/31/02 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Lehman Brothers New York Municipal Bond Index is an unmanaged index of municipal bonds issued by the State of New York with maturities greater than two years.

You cannot invest directly in an index.

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

Average Annual Total Returns(2)(as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Tax-Free New York A#		10/31/02		0.65	%		4.38	%		4.38	%
Tax-Free New York A##		10/31/02		-3.88	%		3.43	%		3.43	%
Tax-Free New York B#		10/31/02		-0.10	%		3.62	%		3.62	%
Tax-Free New York B##		10/31/02		-4.92	%		3.27	%		3.27	%
Tax-Free New York C#		10/31/02		-0.09	%		3.63	%		3.63	%
Tax-Free New York C##		10/31/02		-1.05	%		3.63	%		3.63	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B and C shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Charles Grande	Christopher Bade
Executive Vice President	Vice President

How did the Fund perform?

The Class A shares of The Hartford Tax-Free New York Fund gained 0.65%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers New York Municipal Bond Index, which returned 3.09%, and the 1.88% average return of the Lipper New York Municipal Debt Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

During the year, the municipal market and the Fund experienced two distinct periods of performance. During the first half of the year rates remained relatively stable and low, and credit fundamentals were best described as benign. Demand remained strong even in the face of robust issuance, which was up more than 40% nationally compared to last year. In this market environment, the Fund’s greater overall duration (i.e. sensitivity to changes in interest rates), longer yield curve positioning and exposure to non-investment grade bonds resulted in positive performance and better relative (i.e. performance of the Fund as measured against the benchmark) returns. Good security selection and our significant exposure to health care, education and tobacco bonds contributed to positive performance.

Market conditions adjusted dramatically in the second half of the year. Interest rate movements became more volatile, and the credit dynamic quickly deteriorated to a “flight to quality” on the back of the faltering national housing market. The municipal curve steepened as long maturity bonds underperformed shorter maturities. The Fund’s performance lagged during this period of re-pricing of risk. The Fund holds a greater exposure to lower quality assets such as high yield tobacco, industrial revenue, health care and education bonds; spread widening (i.e. short and long term interest rates moving farther apart) was greatest in these riskier sectors, significantly hurting relative returns. Additionally, the Fund is more sensitive to rate volatility given its long duration, long credit risk and positioning long on the curve (bonds with maturities 25 years and longer); this too significantly hurt relative returns later in the year, offsetting some of the earlier gains.

On a positive note, positions in higher quality state and local general obligation, insured, and pre-refunded bonds (28% of the Fund’s assets) helped performance during the second half of the year.

What is your outlook?

The State of New York economy remains relatively stable, anchored by a healthy New York City. In recent years, both the City and State have generated sizeable surpluses and amassed large “rainy” day funds to help weather the negative affects of the housing slowdown and potential declines in Wall Street profits, though New York’s economic position and revenue base is highly susceptible to the current turbulence in the financial services industry.

97

We have a constructive approach to the municipal market given its attractive pricing relative to alternative fixed-income products. Investment grade municipal bonds are “cheap” when compared on an after-tax basis to taxable fixed-income assets. Credit spreads, while currently volatile, appear to be more broadly driven by technical than fundamental factors. This being the case, we remain constructive on credit, although we are now relying more than ever on our in-house proprietary credit analysis to make informed credit decisions. We remain selective when increasing our exposure to non-investment grade bonds. This is especially true for industrial revenue bonds (corporate-backed) including airlines.

We recently increased the Fund’s exposure to high yield bonds and as a result, the average rating for the Fund dropped to ‘A3.’ We do not expect the Fund’s rating will drop below its current level as credit performance meets our expectations. We believe we are being appropriately compensated when purchasing high yield opportunities and look to take advantage of this period to increase the Fund’s yield. We expect to increase Fund exposure to the tobacco sector during the next fiscal year and we continue to favor health care and education bonds because of the positive demographic trends and the services and products these sectors provide.

The yield curve has steepened and we believe it will continue to do so. For that reason, we are more cautious when extending out the curve for new purchases. Whenever possible we will shorten the maturity of our purchases to reduce the Fund’s susceptibility to underperformance.

Municipal issuance remains on record pace year-to-date nationally, though it is at a somewhat lower pace within the State of New York. However, supply levels could weaken for the remainder of the year as the reoccurring liquidity crisis in our market and increasing absolute rates discourage further issuance and refunding activity.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		20.6	%
AA		22.9
A		16.1
BBB		26.6
BB		2.4
B		2.0
Not Rated		9.4
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
General Obligations		3.1	%
Health Care/Services		16.5
Higher Education (Univ., Dorms, etc.)		22.9
Industrial		10.2
Miscellaneous		14.4
Pollution Control		0.9
Prerefunded		9.7
Public Facilities		7.3
Tax Allocation		3.0
Transportation		3.0
Utilities — Electric		1.6
Utilities — Water and Sewer		3.0
Short-Term Investments		2.8
Other Assets and Liabilities		1.6
Total		100.0	%

98

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

Performance Overview(1) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

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

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Total Return Bond A#		7/22/96		4.11	%		4.71	%		5.44	%		6.10	%
Total Return Bond A##		7/22/96		-0.57	%		3.75	%		4.96	%		5.67	%
Total Return Bond B#		7/22/96		3.36	%		3.96	%	NA		*	NA		*
Total Return Bond B##		7/22/96		-1.61	%		3.63	%	NA		*	NA		*
Total Return Bond C#		7/22/96		3.33	%		4.04	%		4.75	%		5.38	%
Total Return Bond C##		7/22/96		2.33	%		4.04	%		4.75	%		5.38	%
Total Return Bond I#		7/22/96		4.42	%		4.80	%		5.49	%		6.14	%
Total Return Bond R3#		7/22/96		3.90	%		5.07	%		5.86	%		6.54	%
Total Return Bond R4#		7/22/96		4.22	%		5.14	%		5.90	%		6.56	%
Total Return Bond R5#		7/22/96		4.29	%		5.15	%		5.90	%		6.57	%
Total Return Bond Y#		7/22/96		4.46	%		5.19	%		5.92	%		6.59	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	Class C shares commenced operations on 7/31/98. Performance prior to 7/31/98 reflects Class B performance less Class C sales charges where applicable. Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class Y performance.
(3)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Portfolio Manager
Nasri Toutoungi
Managing Director

How did the Fund perform?

The Class A shares of The Hartford Total Return Bond Fund gained 4.11%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers U.S. Aggregate Bond Index which gained 5.38%, and the 4.08% average return of the Lipper Intermediate Investment Grade Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The Fund benefited by being positioned for a steeper yield curve during the year; Treasuries rallied as interest rates declined across most maturities and the yield curve steepened with spreads between two- and ten-year Treasury yields increasing by 62 basis points. Having left the federal funds rate unchanged at 5.25% since June 29, 2006, the Federal Open Market Committee (“the Fed”) cut the rate on
September 18, 2007 by 50 basis points then again on October 31, 2007 by 25 basis points to end the period at a rate of 4.50%.

A marked increase in volatility coupled with a liquidity crisis drove a flight to quality in the credit market. The U.S. Treasury sector outperformed all other U.S. investment grade asset classes for the year ended October 31, 2007. An underweight (i.e. the Fund’s sector position was less than the benchmark position) to Treasuries in favor of overweights (i.e. the Fund’s sector position was greater than the benchmark position) to the commercial mortgaged-backed security (“CMBS”) and asset backed sectors (“ABS”) led to underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the index. The performance of those sectors suffered as swap spreads (i.e. the difference between the negotiated and fixed rate of a swap contract) widened and sub-prime concerns impacted pricing across all credit qualities.

99

Exposure to foreign currencies, in particular to the Euro, Australian Dollar and Yen contributed positively to the performance of the Fund as the U.S. dollar weakened. Out-of-benchmark exposures to U.S. high yield corporate bonds and bank loans as well as emerging market securities benefited the Fund as those sectors outperformed the Lehman Brothers U.S. Aggregate Bond Index. The Emerging Markets sector in particular provided solid returns as fundamentals remained solid.

Security selection in investment grade corporate bonds was negative mainly due to an overweight to the Finance sector which experienced turmoil as losses mounted due to rising default rates from sub-prime borrowers. A small exposure to home equity fixed and floating rate bonds also detracted from performance.

What is your outlook?

The market is currently pricing in a cut in the Federal Funds Rate of 50 basis points by the spring of next year. Our view is that interest rates are slightly ahead of themselves and are reflecting a decline in economic readings. Recession is not priced into the market, nor is a strong recovery; we do not think, however, that either of these scenarios is likely. Thus, with the Treasury market fully priced and with our view of the markets, we do not currently advocate a long duration (i.e. sensitivity to changes in interest rates) position. However, there are reasons the market could see a continued flight to quality, so a short position is not advocated either. Thus, we recommend a neutral duration position with a bias towards a steeper yield curve.

Our business cycle analysis suggests that risky sectors typically outperform at the beginning of a Fed easing cycle. Spreads have widened (i.e. short and long term interest rates moving farther apart) in below investment grade corporates and, although defaults have begun to tick up, they still remain well below the historical 5% default rate. The market also seems to be doing a better job at discriminating between good and bad credits, and this provides opportunities to add to high yield, but investments in this sector will be very issuer specific. Agency mortgage pass-throughs and ABS also offer good return opportunities as spreads have widened due to supply and demand dynamics. Finally, we expect continued dollar weakening versus both major and emerging markets currencies. We are retaining a foreign bond bias in short maturities on an unhedged basis, though we have scaled back foreign currency exposure.

We continue to believe the economy will avoid a recession. Income-oriented funds will do well to retain an aggressive bias in the coming few months.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		56.8	%
AA		5.1
A		9.9
BBB		12.2
BB		9.0
B		4.6
CCC		1.0
Not Rated		1.3
Total		100.0	%

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		2.2	%
Capital Goods		0.7
Consumer Cyclical		2.3
Consumer Staples		0.8
Energy		1.8
Finance		29.7
Foreign Governments		2.1
General Obligations		0.1
Health Care		1.7
Services		4.5
Technology		5.5
Transportation		0.7
U.S. Government Agencies		35.9
U.S. Government Securities		1.3
Utilities		2.2
Short-Term Investments		23.7
Other Assets and Liabilities		(15.2	)
Total		100.0	%

100

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

Performance Overview(1,2) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

Lehman Brothers U.S. Government Index is an unmanaged index of government bonds with maturities of one year or more.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

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

Average Annual Total Returns(1,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
U.S. Gov’t Sec. A#		2/28/73		3.00	%		2.73	%		4.83	%		7.32	%
U.S. Gov’t Sec. A##		2/28/73		-1.63	%		1.79	%		4.35	%		7.18	%
U.S. Gov’t Sec. B#		11/14/94		2.38	%		2.00	%	NA		*	NA		*
U.S. Gov’t Sec. B##		11/14/94		-2.53	%		1.66	%	NA		*	NA		*
U.S. Gov’t Sec. C#		11/14/94		2.35	%		1.99	%		3.96	%		4.89	%
U.S. Gov’t Sec. C##		11/14/94		1.37	%		1.99	%		3.96	%		4.89	%
U.S. Gov’t Sec. L#		11/14/94		3.08	%		2.84	%		4.77	%		5.70	%
U.S. Gov’t Sec. L##		11/14/94		-1.56	%		1.90	%		4.29	%		5.33	%
U.S. Gov’t Sec. Y#		2/19/02		3.72	%		3.09	%	NA				4.00	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Classes A, B and C were offered beginning on 2/19/02. Performance prior to that date is that of the fund’s Classes E, M and N shares, respectively, which have lower operating expenses. Performance prior to 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. Classes E, M and N are no longer offered.
(2)	Growth of a $10,000 investment in Classes B, C, L and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(3)	The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Managers
Christopher Hanlon	Russell M. Regenauer
Senior Vice President	Senior Vice President

How did the Fund perform?

The Class A shares of The Hartford U.S. Government Securities Fund gained 3.00%, before sales charge, for the twelve-month period ended October 31, 2007, versus its benchmark, the Lehman Brothers U. S. Government Bond Index, which returned 5.86%, and the 4.47% average return of the Lipper General U.S. Government Funds category, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The last five months of the fiscal reporting year was a particularly challenging period for the capital markets. Soaring delinquencies in the sub-prime mortgage market and a broad re-pricing of risk caused credit spreads in many sectors to widen dramatically. As a result, most spread markets underperformed Treasury securities. Given this environment and the Fund’s long-term focus of seeking to outperform the Lehman Brothers U.S. Government Index over the course of an interest rate cycle by capturing greater yield, it is not surprising to see the underperformance for the period.

The Fund performed very well over the first seven months of the fiscal year, from November 2006 through May 2007. In early June, long rates broke higher out of their three-year range on concerns the economy was growing faster than expected. As the month progressed, however, the condition of the housing market proved to be worse than expected and rates began to come back down. Federal Reserve Chairman Bernanke commented at the time, “The slowdown in residential construction now appears likely to remain a drag on economic growth for somewhat longer than previously expected”.

Near the end of June, two Bear Stearns managed funds, which owned predominately sub-prime paper, were announced to be close to insolvency. A broad re-pricing of risk ensued as investors questioned the creditworthiness of their holdings. This resulted in selling, which led to prices being marked down as the dealer community became less willing to add paper. Leveraged investors saw the value of their assets decline, resulting in forced selling to meet margin calls. Many of the securities sold were not credit sensitive assets, for which bids had fallen

101

substantially, but were liquid AAA assets for which bids were readily available. This cycle continued through the summer, but as the Federal Open Market Committee (the “Fed”) began easing monetary policy in an effort to help restore liquidity and stability, the market began to improve.

The Fund’s sector allocation was a detractor from performance for the reporting period. The Fund’s largest out-of-benchmark allocation (61% as of October 31, 2007) was to high-grade, U.S. agency backed mortgage securities, which detracted 19 basis points from relative (i.e. performance of the Fund as measured against the benchmark) performance for the fiscal year. We believe these securities are wider in spread than fundamentally warranted because through the period in which capital markets were seizing up in the summer, they were one of the few securities that were still liquid and could be sold, which drove their prices lower. As the markets reach a new equilibrium and the credit issues work themselves out, we expect the securities to outperform the broader market.

The Fund also holds a relatively small percentage of sub-prime and other asset-backed securities (9% of assets as of October 31, 2007). These securities detracted 103 basis points from the Fund’s relative performance for the period. Although the markets expect heavy losses in this sector, the majority of the Fund’s holdings are rated AAA, and we remain confident in our credit underwriting of these securities.

Yield curve positioning was a positive contributor to performance. We positioned the Fund for a steepening yield curve, which materialized as Fed rate cuts in the latter months of the period pushed yields lower on the short end of the curve. Security selection, primarily in agency debt securities, modestly enhanced performance as well. Conversely, the Fund’s duration (i.e. sensitivity to changes in interest rates) positioning (a measure of interest-rate risk) detracted from returns.

What is your outlook?

We expect the markets will remain in a spread widening environment over the coming weeks and months. In many sectors however, we believe a majority of the widening has already occurred. We expect volatility to remain high, which will afford more opportunities to rotate between sectors. With sub-prime and structured investment vehicle (“SIV”) problems still unresolved, the market’s expectations of a recession have grown. However, while our economic outlook is for weaker growth, we believe the Fed will be vigilant on easing the dislocations in the markets and keeping the economy out of recession. We expect a continued steepening of the yield curve as Fed easing and a weaker dollar add to inflationary concerns. Concerns over foreign investors divesting away from dollar-based assets will also keep pressure on longer rates to head higher. We will maintain the high quality focus of the Fund and also look to add Treasury Inflation Protected Securities (“TIPS”) over the coming year.

Distribution by Credit Quality
as of October 31, 2007

	Percentage of
	Long-Term
Rating	Holdings
AAA		97.3	%
AA		0.1
A		1.7
BBB		0.9
Total		100.0	%

Composition by Sector
as of October 31, 2007

	Percentage of
Sector	Net Assets
Asset & Commercial Mortgage Backed Securities		11.8	%
Corporate Bonds: Investment Grades		0.2
U.S. Government Agencies		77.2
U.S. Government Securities		5.8
Short-Term Investments		10.1
Other Assets and Liabilities		(5.1	)
Total		100.0	%

102

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

Performance Overview(1) 4/30/01 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Investment objective – Seeks long-term total return.

Average Annual Total Returns(2,3) (as of 10/31/07)

	Inception		1			5			Since
	Date		Year			Year			Inception
Value A#		4/30/01		16.61	%		15.27	%		7.00	%
Value A##		4/30/01		10.19	%		13.97	%		6.07	%
Value B#		4/30/01		15.63	%		14.40	%		6.21	%
Value B##		4/30/01		10.63	%		14.17	%		6.21	%
Value C#		4/30/01		15.63	%		14.40	%		6.21	%
Value C##		4/30/01		14.63	%		14.40	%		6.21	%
Value I#		4/30/01		16.77	%		15.30	%		7.02	%
Value R3#		4/30/01		16.32	%		15.49	%		7.27	%
Value R4#		4/30/01		16.57	%		15.54	%		7.30	%
Value R5#		4/30/01		16.90	%		15.60	%		7.35	%
Value Y#		4/30/01		17.07	%		15.64	%		7.37	%

#	Without sales charge
##	With sales charge

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Classes B, C, I, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(2)	The initial investment in Class A shares reflects the maximum sales charge and Classes B and C reflect CDSC.
(3)	Class I shares commenced operations on 5/31/07. Performance prior to 5/31/07 reflects Class A performance. Class R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Portfolio Manager
John R. Ryan, CFA	Karen H. Grimes, CFA	W.Michael Reckmeyer,III,CFA
Senior Vice President, Managing Partner	Vice President	Vice President
Ian Link, CFA
Vice President

How did the Fund perform?

The Class A shares of The Hartford Value Fund returned 16.61%, before sales charge, for the twelve-month period ended October 31, 2007 outperforming its benchmark, the Russell 1000 Value Index, which returned 10.83% for the same period. The Fund outperformed the 12.31% return of the average fund in the Lipper Large Cap Value Fund peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

During the period, U.S. equities posted strong returns supporting the Fund’s positive absolute (i.e. performance of the Fund as measured against the benchmark) return. Within the Fund’s Russell 1000 Value Index benchmark, nine out of ten sectors posted positive returns. Energy, Materials, Industrials and Utilities posted the largest returns, while Financials lagged. Mid cap stocks outperformed both large and small cap stocks. The Russell 2000 small cap index returned 9.27%; compared to the S&P 500 large cap index return of 14.58% and the S&P Mid Cap 400 Index return of 17.02%.

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

The top three relative contributors to performance were Agrium (Materials), Nokia (Information Technology), and Deere (Industrials). In addition, ExxonMobil (Energy) and AT&T (Telecommunication Services) were the top two contributors on an absolute basis.

Agrium, a fertilizer company, benefited from the supply and demand imbalance associated with higher crop prices. Cell phone designer and

103

manufacture Nokia’s shares rose following the introduction of several successful new handset models and an aggressive cost control program that has helped the company’s bottom-line. Agricultural-equipment maker Deere’s stock price benefited from higher demand for ethanol. ExxonMobil continued to benefit from the rally in crude oil prices and the widening in U.S. refining margins over the last year. AT&T benefited from the much anticipated merger of the company with BellSouth. We held all of these stocks at the end of the period.

The top three relative detractors from performance were Motorola (Information Technology), Chevron (Energy) and Allstate (Financials). In addition, Financials stocks Bank of America and Wachovia were among the top absolute detractors. Shares of mobile phone manufacturer Motorola declined as the company reported disappointing revenues and margins as competition increased for its RAZR handset. The Fund’s underweight position in Chevron, an integrated oil and refining company with exposure to North American natural gas, detracted as the company continued to benefit from record high oil prices and a bullish outlook by Wall Street analysts on oil and refining margins. U.S. insurer Allstate’s shares fell from weaker than expected quarter and concerns over its sub-prime exposure. Shares of Bank of America and Wachovia also fell due to Wall Street analysts’ concerns about their exposures to sub-prime mortgages, as the market for these bonds continues to fall. We eliminated our position in Motorola during the period and held positions in the other four companies.

What is the outlook?

Global credit conditions have deteriorated sharply. U.S. GDP growth is now expected to decelerate in the upcoming year to about 1% as tightening credit conditions may deepen the housing slump. Consequently, we believe U.S. consumer spending will weaken. The outlook for global growth will moderate to about 3% with Asia and Emerging Markets providing strong support. Domestic corporate profits are stressed but largely offset by strong international gains. The Federal Open Market Committee has responded to the liquidity crisis by cutting interest rates and should react to any further deterioration.

At the end of the period, relative to the Russell 1000 Value Index, the Fund was most overweight Information Technology and Consumer Staples and most underweight Financials, Consumer Discretionary and Industrials.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		5.2	%
Capital Goods		2.7
Consumer Cyclical		8.7
Consumer Staples		5.8
Energy		14.8
Finance		24.9
Health Care		6.6
Services		2.4
Technology		18.3
Transportation		2.3
Utilities		6.4
Short-Term Investments		3.1
Other Assets and Liabilities		(1.2	)
Total		100.0	%

104

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

Performance Overview(1,2) 10/31/97 — 10/31/07
Growth of a $10,000 investment in Class A which includes Sales Charge

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

Russell 3000 Value Index is an unmanaged index measuring the performance of those Russell 3000 Index companies with lower price-to-book ratios and lower forecasted growth values.

You cannot invest directly in an index.

The value of shares will fluctuate so that, when redeemed, shares may be worth more or less than their original cost. The chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

Performance information may reflect historical or current expense waivers/reimbursements from the investment adviser, without which performance would have been lower. For information on current expense waivers/reimbursements, please see the prospectus.

Investment objective – Seeks capital appreciation.

Average Annual Total Returns(1,3) (as of 10/31/07)

	Inception		1			5			10			Since
	Date		Year			Year			Year			Inception
Value Opp A#		1/02/96		9.73	%		17.42	%		8.88	%		10.61	%
Value Opp A##		1/02/96		3.69	%		16.10	%		8.26	%		10.08	%
Value Opp B#		1/02/96		8.90	%		16.60	%	NA		*	NA		*
Value Opp B##		1/02/96		3.95	%		16.38	%	NA		*	NA		*
Value Opp C#		1/02/96		8.91	%		16.57	%		8.08	%		9.80	%
Value Opp C##		1/02/96		7.92	%		16.57	%		8.08	%		9.80	%
Value Opp I#		2/19/02		10.08	%		17.51	%	NA				10.53	%
Value Opp L#		1/02/96		9.92	%		17.53	%		8.93	%		10.65	%
Value Opp L##		1/02/96		4.70	%		16.39	%		8.40	%		10.20	%
Value Opp R3#		2/19/02		9.30	%		17.58	%	NA				10.31	%
Value Opp R4#		2/19/02		9.59	%		17.64	%	NA				10.36	%
Value Opp R5#		2/19/02		9.89	%		17.71	%	NA				10.42	%
Value Opp Y#		2/19/02		10.30	%		17.80	%	NA				10.49	%

#	Without sales charge
##	With sales charge
NA	Not Applicable
*	10 year and inception returns are not applicable for Class B because after 8 years Class B converts to Class A.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Classes A, B and C were offered beginning on 2/19/02. Performance prior to that date is that of the fund’s Classes L, M and N shares, respectively, which have lower operating expenses. Performance prior to 2/19/02 would have been lower if Classes A, B and C shares expenses were applied during that period. (Classes M and N are no longer offered.) Class I shares commenced operations on 8/31/06. Performance prior to 8/31/06 reflects Class A performance. Classes R3, R4 and R5 shares commenced operations on 12/22/06. Performance prior to 12/22/06 reflects Class A performance.
(2)	Growth of a $10,000 investment in Classes B, C, I, L, R3, R4, R5 and Y shares will vary from results seen above due to differences in the expenses charged to these share classes.
(3)	The initial investment in Classes A and L shares reflects the maximum sales charge and Classes B and C reflect CDSC.

Portfolio Managers
David R. Fassnacht, CFA	James N. Mordy	David W. Palmer, CFA
Senior Vice President, Partner	Senior Vice President, Partner	Vice President

How did the Fund perform?

The Class A shares of The Hartford Value Opportunities Fund returned 9.73%, before sales charge, for the twelve-month period ended October 31, 2007, underperforming its benchmark, the Russell 3000 Value Index, which returned 10.06% for the same period. The Fund underperformed the 11.39% return of the average fund in the Lipper Multi Cap Value Fund peer group, a group of funds with investment strategies similar to those of the Fund.

During the twelve-month period ended October 31, 2007, James H. Averill, a portfolio manager of the Fund, retired from Wellington Management Company and withdrew from active involvement in the Fund effective April 1, 2007.

Why did the Fund perform this way?

Over the past year, U.S. equities posted strong returns supporting the Fund’s positive absolute (i.e. performance of the Fund as measured against the benchmark) return. During the period, value stocks (+10.1%) underperformed growth stocks (+19.0%), as measured by the Russell 3000 Value Index and Russell 3000 Growth Index. Mid cap stocks (+17.0%) outperformed both large (+14.6%) and small cap (+9.3%) stocks, as measured by the S&P MidCap 400 Index, S&P 500 Index and Russell 2000 Index, respectively. Within the Fund’s Russell 3000 Value Index benchmark, nine out of ten sectors posted positive returns. Energy, Materials, Industrials and Telecommunication Services posted the largest returns, while Financials lagged.

105

Stock selection, the primary driver of the Fund’s relative (i.e. performance of the Fund as measured against the benchmark) performance, was particularly strong in the Information Technology and Materials sectors but weak in Consumer Discretionary and Telecommunication Services. Sector allocation, a result of our bottom-up stock selection, contributed slightly to relative performance, primarily due to our underweight (i.e. the Fund’s sector position was less than the benchmark position) in the lagging Financials sector.

The top three contributors to both absolute and benchmark-relative returns were Owens-Illinois (Materials), Goodrich (Industrials) and Cisco Systems (Information Technology). Packaging products-maker Owens-Illinois benefited from the sale of its plastics business to Rexam PLC and from improvements in its core glass business. Shares of Goodrich, a supplier to the aerospace and defense industries, climbed due to the aftermarket demand for replacement parts in the company’s product line resulting from strength in the current air-travel environment. Hardware maker Cisco’s shares benefited from the global transformation of networks into unified IP-based broadband platforms capable of handling voice, data and video content. We held all three stocks at the end of the period.

The Fund suffered a few stock disappointments during the period which led to its slight underperformance relative to the benchmark. In particular, stock selection was weak within Consumer Discretionary, Telecommunication Services and Financials. While the Fund’s strategy is driven primarily from bottom-up stock selection, our overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in Consumer Discretionary and underweight positions in Utilities, Energy and Telecommunication Services also detracted from performance.

The three largest detractors from absolute and relative performance were Comcast (Consumer Discretionary), E*Trade (Financials) and Circuit City (Consumer Discretionary). Cable operator Comcast’s shares fell as the investment community focused more on the threat of competition in video from the Regional Bells than on the company’s opportunities in triple-play services (cable, internet and telephone) and the small business market. E*Trade’s stock price declined in response to a difficult credit market that led to write downs in the company’s securities portfolio. Circuit City’s stock was impacted by the lingering effects of its labor management initiatives implemented earlier in the year, and worries about consumer spending heading into the holiday season. We retained onto our positions in these stocks at the end of the period.

What is the outlook?

The market has moved into a period of increased volatility, as investors swing daily between feelings of trepidation over the housing sector, mortgage finance, and a looming credit crunch, and feelings of optimism that booming emerging economies and Federal Reserve rate cuts will stimulate domestic demand and drive future corporate profits. While stock prices in many sectors have weakened in the last few months, we believe that the housing market’s excesses will take some time to resolve, and thus have been cautious in our approach to adding new holdings. Overall we expect slower earnings growth for the equity market as a whole.

In the current environment, the market has been focused on earnings momentum and the safety of earnings estimates, and has been less concerned with valuation metrics. These conditions have created performance headwinds for strategies, such as ours, targeting longer-term value, but also has produced interesting opportunities for future upside. As of the end of the period, the Fund was most overweight Information Technology, Consumer Discretionary and Health Care, relative to the benchmark. The Fund was most underweight Financials, which still appear to offer outsized risk relative to their return potential, and Utilities and Telecommunication Services, which seem expensive in comparison with their growth prospects.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		10.4	%
Capital Goods		4.0
Consumer Cyclical		5.6
Consumer Staples		5.5
Energy		8.4
Finance		26.0
Health Care		8.2
Services		9.1
Technology		16.4
Transportation		3.9
Short-Term Investments		10.2
Other Assets and Liabilities		(7.7	)
Total		100.0	%

106

The Hartford Advisers Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 65.1%
		Basic Materials — 2.0%
	235	Alcoa, Inc.	$	9,315
	169	Cameco Corp.		8,280
	86	Freeport McMoRan Copper & Gold, Inc. (U)		10,062
	384	Mitsubishi Rayon Co., Ltd. (A)		2,179
	199	Uranium One, Inc. (D)		2,206
				32,042
		��
		Consumer Cyclical — 2.8%
	2,225	Buck Holdings L.P. (A)(D)(H)		2,002
	321	Kohl’s Corp. (D)		17,629
	605	Lowe’s Cos., Inc.		16,261
	191	Supervalu, Inc.		7,409
				43,301
		Consumer Staples — 4.1%
	39	Bunge Ltd. Finance Corp.		4,527
	2	Japan Tobacco, Inc. (A)		9,256
	254	PepsiCo, Inc.		18,695
	454	Procter & Gamble Co.		31,527
	31	Tyson Foods, Inc. Class A		490
				64,495
		Energy — 5.8%
	150	Chesapeake Energy Corp.		5,922
	73	ConocoPhillips Holding Co.		6,202
	141	EnCana Corp.		9,800
	247	Exxon Mobil Corp.		22,712
	214	Halliburton Co.		8,450
	350	OAO Gazprom ADR (G)		17,437
	288	Occidental Petroleum Corp.		19,873
				90,396
		Finance — 14.5%
	342	American International Group, Inc.		21,605
	454	Bank of America Corp.		21,932
	245	Capital One Financial Corp.		16,089
	413	Citigroup, Inc.		17,297
	233	Commerce Bancorp, Inc.		9,503
	180	Countrywide Financial Corp.		2,796
	613	Discover Financial Services		11,829
	418	E*Trade Financial Corp. (D)(G)		4,661
	78	Goldman Sachs Group, Inc.		19,214
	217	ING Groep N.V. ADR		9,772
	1,115	Invesco plc (A)		17,073
	152	Merrill Lynch & Co., Inc.		10,055
	179	State Street Corp.		14,263
	354	UBS AG		19,019
	392	UnitedHealth Group, Inc.		19,267
	562	Western Union Co.		12,393
				226,768
		Health Care — 10.5%
	183	Amgen, Inc. (D)		10,615
	111	Astellas Pharma, Inc. (A)		4,923
	103	AstraZeneca plc (A)		5,081
	188	Daiichi Sankyo Co., Ltd. (A)		5,349
	116	Eisai Co., Ltd. (A)		4,866
	675	Elan Corp. plc ADR (D)		16,056
	279	Eli Lilly & Co.		15,124
	132	Genentech, Inc. (D)		9,807
	314	Medtronic, Inc.		14,901
	249	Sanofi-Aventis S.A. ADR		10,963
	568	Schering-Plough Corp.		17,329
		Health Care — (continued)
	543	Shionogi & Co., Ltd. (A)		9,254
	88	UCB S.A. (A)		5,186
	132	Vertex Pharmaceuticals, Inc. (D)		4,259
	339	Walgreen Co.		13,457
	358	Wyeth		17,395
				164,565
		Services — 6.4%
	975	Comcast Corp. Class A (D)(G)		20,532
	128	Monster Worldwide, Inc. (D)		5,211
	1,033	Time Warner, Inc.		18,853
	310	United Parcel Service, Inc. Class B		23,281
	220	Viacom, Inc. Class B (D)		9,069
	351	Waste Management, Inc.		12,755
	749	XM Satellite Radio Holdings, Inc. Class A (D)(G)		9,947
				99,648
		Technology — 18.5%
	106	Apple, Inc. (D)		20,135
	490	Applied Materials, Inc.		9,514
	401	AT&T, Inc.		16,771
	808	Cisco Systems, Inc. (D)		26,726
	306	Corning, Inc.		7,424
	111	Electronic Arts, Inc. (D)		6,766
	706	Flextronics International Ltd. (D)		8,690
	1,230	General Electric Co. #		50,614
	41	Google, Inc. (D)		29,270
	857	Intel Corp.		23,061
	145	KLA-Tencor Corp.		7,624
	471	Maxim Integrated Products, Inc.		12,775
	211	MetroPCS Communications, Inc. (D)		4,745
	435	Motorola, Inc.		8,172
	418	Network Appliance, Inc. (D)(G)		13,166
	133	Qualcomm, Inc.		5,674
	847	Sprint Nextel Corp.		14,490
	173	Texas Instruments, Inc.		5,653
	131	Whirlpool Corp.		10,373
	236	Yahoo!, Inc. (D)(G)		7,352
				288,995
		Utilities — 0.5%
	37	E.On AG (A)		7,202
		Total common stock (cost $946,680)	$	1,017,412
PREFERRED STOCK — 0.4%
		Finance — 0.4%
	192	Banco Itau Holding	$	5,450
		Total preferred stock (cost $4,217)	$	5,450
Principal
Amount
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 6.4%
		Finance — 6.4%
		Advanta Business Card Master Trust
$	5,000	5.30%, 05/21/2012	$	5,043
		Banc of America Commercial Mortgage, Inc.
	1,380	5.35%, 09/10/2047 (L)		1,354
	1,360	5.45%, 01/15/2049		1,338

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

­ ­  107  ­ ­

The Hartford Advisers Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)
		Finance — (continued)
		Bear Stearns Commercial Mortgage Securities, Inc.
$	1,755	5.30%, 10/12/2042 (L)	$	1,716
	1,300	5.54%, 10/12/2041		1,293
	730	5.63%, 04/12/2038 (L)		731
		Citibank Credit Card Issuance Trust
	2,985	5.65%, 09/20/2019		3,007
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	2,750	5.40%, 07/15/2044 (L)		2,705
		Commercial Mortgage Pass-Through Certificates
	2,750	5.12%, 06/10/2044		2,668
		Connecticut RRB Special Purpose Trust CL&P
	10,000	6.21%, 12/30/2011		10,344
		Countrywide Home Loans, Inc.
	719	5.26%, 11/25/2035 (L)		718
		Credit Suisse Mortgage Capital Certificates
	1,505	5.47%, 09/15/2039		1,486
	2,730	5.61%, 02/15/2039 (L)		2,722
		Goldman Sachs Mortgage Securities Corp. II
	3,000	4.75%, 07/10/2039		2,845
		Greenwich Capital Commercial Funding Corp.
	2,750	5.22%, 04/10/2037 (L)		2,691
	1,205	5.44%, 03/10/2039 (L)		1,186
		GSR Mortgage Loan Trust
	1,425	5.80%, 05/25/2047 (L)		1,429
		Household Automotive Trust
	1,850	5.28%, 09/17/2011		1,857
		JP Morgan Chase Commercial Mortgage Security Corp.
	1,895	5.34%, 12/15/2044 (L)		1,859
	3,000	5.44%, 06/12/2047 (L)		2,948
	3,050	5.48%, 12/12/2044 (L)		3,026
	1,300	6.07%, 04/15/2045 (L)		1,329
		Marriott Vacation Club Owner Trust
	384	5.36%, 10/20/2028 (I)		386
		Merrill Lynch Mortgage Trust
	2,750	5.05%, 07/12/2038		2,656
		Morgan Stanley Capital I
	2,875	5.23%, 09/15/2042		2,808
	1,330	5.45%, 02/12/2044 (L)		1,308
	1,300	5.98%, 08/12/2041 (L)		1,326
		Morgan Stanley Capital Investments
	600	5.51%, 11/12/2049 (L)		594
		Nissan Automotive Lease Trust
	5,000	5.10%, 07/16/2012		5,027
		Peco Energy Transition Trust
	6,413	6.13%, 03/01/2009		6,459
		PSE&G Transition Funding LLC
	10,000	6.61%, 06/15/2015		10,554
		Residential Accredit Loans, Inc.
	1,871	5.26%, 02/25/2035 (L)		1,873
		Sequoia Mortgage Trust
	2,211	5.82%, 02/20/2047 (L)		2,220
		Susquehanna Automotive Lease Trust
	2,575	5.21%, 03/16/2009 (I)		2,572
		Wachovia Bank Commercial Mortgage Trust
	3,000	5.12%, 07/15/2042		2,911
		Finance — (continued)
		Wells Fargo Mortgage Backed Securities Trust
	1,766	4.55%, 03/25/2035 (L)		1,750
	2,425	5.53%, 04/25/2036 (L)		2,438
	1,165	6.02%, 09/25/2036 (L)		1,178
		Total asset & commercial mortgage backed securities (cost $100,932)	$	100,355
CORPORATE BONDS: INVESTMENT GRADE — 13.7%
		Capital Goods — 0.1%
		Pitney Bowes, Inc.
$	960	5.75%, 09/15/2017	$	973
		Xerox Corp.
	1,000	5.50%, 05/15/2012		1,000
				1,973
		Consumer Cyclical — 0.7%
		DaimlerChrysler NA Holdings Corp.
	1,000	5.88%, 03/15/2011		1,021
	1,975	6.50%, 11/15/2013		2,075
	1,000	8.50%, 01/18/2031		1,270
		Federated Retail Holdings, Inc.
	714	5.90%, 12/01/2016		682
		Lowe’s Co., Inc.
	1,295	6.65%, 09/15/2037		1,331
		Target Corp.
	2,000	5.88%, 11/01/2008		2,021
		Wal-Mart Stores, Inc.
	3,000	6.88%, 08/10/2009		3,107
				11,507
		Consumer Staples — 1.2%
		Cargill, Inc.
	1,215	5.60%, 09/15/2012 (I)		1,227
		Coca-Cola Enterprises, Inc.
	4,000	5.75%, 11/01/2008		4,034
		Colgate-Palmolive Co.
	2,000	5.58%, 11/06/2008		2,013
		Diageo Capital plc
	2,025	4.38%, 05/03/2010		2,003
		Kraft Foods, Inc.
	2,325	6.25%, 06/01/2012		2,412
		PepsiAmericas, Inc.
	3,000	6.38%, 05/01/2009		3,073
		Procter & Gamble Co.
	3,045	9.36%, 01/01/2021		3,799
		Weyerhaeuser Co.
	800	7.38%, 03/15/2032		805
				19,366
		Energy — 0.5%
		Atmos Energy Corp.
	1,160	6.35%, 06/15/2017		1,188
		National Fuel Gas Co.
	4,000	6.00%, 03/01/2009		4,044
		Weatherford International Ltd.
	2,000	5.95%, 06/15/2012 (I)		2,039
				7,271
		Finance — 6.7%
		Ace INA Holdings, Inc.
	3,675	5.88%, 06/15/2014		3,744
		American Express Centurion Bank
	2,400	6.00%, 09/13/2017		2,421

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

­ ­  108  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		AXA Financial, Inc.
$	3,000	7.00%, 04/01/2028	$	3,252
		Bank of America Corp.
	3,000	5.42%, 03/15/2017		2,914
	1,475	5.88%, 02/15/2009		1,485
		BB&T Corp.
	1,010	4.90%, 06/30/2017		938
		Berkshire Hathaway Finance Corp.
	2,350	4.85%, 01/15/2015		2,277
		Brandywine Operating Partnership
	750	5.70%, 05/01/2017		708
	1,000	6.00%, 04/01/2016		969
		Capital One Bank
	750	6.50%, 06/13/2013		760
		Capital One Capital IV
	1,000	6.75%, 02/17/2037		880
		Capital One Financial Corp.
	870	5.70%, 09/15/2011		861
		Citigroup, Inc.
	750	3.63%, 02/09/2009		739
	1,600	6.00%, 10/31/2033		1,541
	500	6.50%, 01/18/2011		521
		Credit Suisse First Boston USA, Inc.
	1,980	4.88%, 01/15/2015		1,902
		Developers Diversified Realty Corp.
	1,500	5.38%, 10/15/2012		1,481
		Discover Financial Services, Inc.
	1,245	6.45%, 06/12/2017 (I)		1,218
		Eaton Vance Corp.
	530	6.50%, 10/02/2017		541
		ERAC USA Finance Co.
	2,725	7.35%, 06/15/2008 (I)		2,754
		Everest Reinsurance Holdings, Inc.
	885	5.40%, 10/15/2014		873
		General Electric Capital Corp.
	1,500	6.75%, 03/15/2032		1,674
		Genworth Financial, Inc.
	1,500	6.15%, 11/15/2066		1,400
		Goldman Sachs Group, Inc.
	2,000	5.30%, 02/14/2012		2,000
	1,200	5.63%, 01/15/2017		1,162
	1,500	6.45%, 05/01/2036		1,466
		Health Care Property Investors, Inc.
	2,035	6.00%, 01/30/2017		1,963
		HSBC Bank USA
	2,600	3.88%, 09/15/2009		2,548
		HSBC Finance Corp.
	2,000	5.50%, 01/19/2016		1,955
		International Lease Finance Corp.
	2,200	5.00%, 09/15/2012		2,154
		International Lease Finance Corp.
	1,200	5.63%, 09/15/2010		1,216
		Jackson National Life Insurance Co.
	2,000	8.15%, 03/15/2027 (I)		2,396
		John Deere Capital Corp.
	1,655	4.88%, 10/15/2010		1,648
		JP Morgan Chase & Co.
	2,795	5.13%, 09/15/2014		2,727
		KeyCorp Capital II
	250	6.88%, 03/17/2029		255
		Kimco Realty Corp.
	1,550	5.78%, 03/15/2016		1,528
		Lehman Brothers Holdings, Inc.
	2,000	5.25%, 02/06/2012		1,973
		Finance — (continued)
		Liberty Mutual Group, Inc.
	2,335	5.75%, 03/15/2014 (I)		2,320
		Liberty Property L.P.
	260	6.63%, 10/01/2017		261
		Merrill Lynch & Co., Inc.
	2,000	5.00%, 02/03/2014		1,898
	1,250	6.40%, 08/28/2017		1,261
		Metlife, Inc.
	2,000	5.00%, 06/15/2015		1,909
		Morgan Stanley
	2,650	5.38%, 10/15/2015		2,551
	1,200	5.45%, 01/09/2017		1,161
		National City Corp.
	125	6.88%, 05/15/2019		133
		New England Mutual Life Insurance Co.
	3,100	7.88%, 02/15/2024 (I)		3,624
		Prologis Trust
	1,500	5.63%, 11/15/2016		1,441
		Prudential Financial, Inc.
	585	5.80%, 06/15/2012		597
		Prudential Funding LLC
	2,000	6.75%, 09/15/2023 (I)		2,077
		Realty Income Corp.
	965	6.75%, 08/15/2019		973
		Regions Bank
	2,000	6.45%, 06/26/2037		2,042
		Republic New York Capital I
	250	7.75%, 11/15/2026		259
		Santander Central Hispano Issuances Ltd.
	500	7.63%, 11/03/2009		525
		Simon Property Group L.P.
	3,100	6.10%, 05/01/2016		3,114
		Sovereign Capital Trust IV
	1,500	7.91%, 06/13/2036		1,543
		Torchmark Corp.
	3,000	8.25%, 08/15/2009		3,167
		Toyota Motor Credit Corp.
	1,000	5.50%, 12/15/2008		1,005
		U.S. Bank NA
	3,100	4.95%, 10/30/2014		3,053
		UnitedHealth Group, Inc.
	1,000	5.00%, 08/15/2014		975
		Wachovia Corp.
	3,000	5.63%, 12/15/2008		3,005
		Wells Fargo Bank NA
	4,000	6.45%, 02/01/2011		4,153
		Willis North America, Inc.
	580	5.63%, 07/15/2015		560
	580	6.20%, 03/28/2017		585
				105,036
		Health Care — 0.6%
		Astrazeneca plc
	1,200	5.40%, 09/15/2012		1,211
		Becton, Dickinson & Co.
	1,250	6.70%, 08/01/2028 (G)#		1,315
		CVS Corp.
	1,550	6.13%, 08/15/2016		1,581
		Schering-Plough Corp.
	2,000	5.55%, 12/01/2013		2,008
		Wyeth
	2,500	6.95%, 03/15/2011		2,647
				8,762

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

­ ­  109  ­ ­

The Hartford Advisers Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Services — 0.7%
		COX Communications, Inc.
$	2,000	5.45%, 12/15/2014	$	1,964
		FedEx Corp.
	4,000	3.50%, 04/01/2009		3,906
		Time Warner, Inc.
	1,105	5.50%, 11/15/2011		1,108
		Viacom, Inc.
	3,040	6.88%, 04/30/2036		3,085
		Wyndham Worldwide
	615	6.00%, 12/01/2016		601
				10,664
		Technology — 2.1%
		AT&T, Inc.
	2,075	6.80%, 05/15/2036		2,271
		BellSouth Corp.
	2,130	6.55%, 06/15/2034		2,224
		Bellsouth Telecommunications
	250	7.00%, 12/01/2095		251
		Comcast Cable Communications, Inc.
	4,000	6.88%, 06/15/2009		4,102
	500	8.50%, 05/01/2027		614
		Deutsche Telekom International Finance B.V.
	1,800	8.25%, 06/15/2030		2,243
		General Electric Co.
	3,425	5.00%, 02/01/2013		3,398
		Hewlett-Packard Co.
	1,250	5.25%, 03/01/2012		1,264
		Intuit, Inc.
	1,500	5.40%, 03/15/2012		1,496
		SBC Communications
	1,830	6.45%, 06/15/2034		1,902
		Siemens Finance
	2,900	5.75%, 10/17/2016 (I)		2,922
		Sprint Capital Corp.
	670	8.75%, 03/15/2032		764
		Telecom Italia Capital
	3,100	5.25%, 10/01/2015		2,987
		Time Warner Cable Inc.
	830	5.85%, 05/01/2017		823
		Verizon Global Funding Corp.
	250	7.25%, 12/01/2010		267
	3,850	7.75%, 12/01/2030		4,536
				32,064
		Transportation — 0.2%
		Continental Airlines, Inc.
	755	5.98%, 04/19/2022		742
		Southwest Airlines Co.
	1,750	5.75%, 12/15/2016		1,711
	700	6.15%, 08/01/2022		709
				3,162
		Utilities — 0.9%
		Consolidated Edison Co. of New York
	955	5.30%, 12/01/2016		936
		Enel Finance International
	805	6.80%, 09/15/2037 (I)		843
		Indianapolis Power and Light
	1,500	6.60%, 06/01/2037 (I)		1,548
		Kinder Morgan Energy Partners
	1,500	6.95%, 01/15/2038		1,572
		MidAmerican Energy Co.
	1,000	5.65%, 07/15/2012		1,020
		Utilities — (continued)
		Midamerican Energy Holdings Co.
	1,500	6.13%, 04/01/2036		1,483
		Northern Border Pipeline Co.
	1,150	7.75%, 09/01/2009		1,204
		Northern States Power Co.
	2,250	6.20%, 07/01/2037		2,325
		Southern Cal Edison Co.
	1,750	5.55%, 01/15/2037		1,649
		Taqa Abu Dhabi National
	695	5.88%, 10/27/2016 (I)		682
		Taqa Abu Dhabi National Energy
	550	5.62%, 10/25/2012 (I)		549
		TransCanada Pipelines Ltd.
	250	6.49%, 01/21/2009		255
				14,066
		Total corporate bonds: investment grade (cost $212,211)	$	213,871
MUNICIPAL BONDS — 0.2%
		General Obligations — 0.2%
		Oregon School Boards Association, Taxable Pension
$	2,000	4.76%, 06/30/2028	$	1,841
		State of Illinois, Taxable Pension
	2,050	5.10%, 06/01/2033		1,943
		Total municipal bonds (cost $4,028)	$	3,784
U.S. GOVERNMENT AGENCIES — 3.6%
		Federal Home Loan Mortgage Corporation — 0.8%
		Mortgage Backed Securities:
$	10,417	6.50%, 2036	$	10,670
		Remic — Pac’s:
	1,460	2.50%, 2013		1,443
				12,113
		Federal National Mortgage Association — 1.5%
		Mortgage Backed Securities:
	121	5.00%, 2036		116
	4,407	5.50%, 2036 — 2037		4,344
	19,250	6.00%, 2037 (Q)		19,388
	383	6.50%, 2036		393
				24,241
		Government National Mortgage Association — 1.3%
		Mortgage Backed Securities:
	12,634	5.50%, 2036 — 2037		12,557
	2,922	6.00%, 2023 — 2034		2,963
	2,115	6.50%, 2026 — 2035		2,184
	2,216	7.00%, 2031 — 2033		2,331
	496	8.00%, 2029 — 2031		528
	34	9.00%, 2023		36
				20,599
		Total U.S. government agencies (cost $56,206)	$	56,953
U.S. GOVERNMENT SECURITIES — 7.3%
		Other Direct Federal Obligations — 1.9%
		Federal Financing Corporation:
$	3,676	4.40%, 2013 (M)	$	2,788
	10,000	9.80%, 2018		13,885
				16,673

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

­ ­  110  ­ ­

Principal					Market
Amount					Value (W)
U.S. GOVERNMENT SECURITIES — (continued)
		Other Direct Federal Obligations — (continued)
		Federal Home Loan Bank:
$	12,225	4.88%, 2011 (G)			$	12,355
						29,028
		U.S. Treasury Securities — 5.4%
		U.S. Treasury Bonds:
	8,800	5.38%, 2031 (G)				9,534
	5,775	6.25%, 2023 (G)				6,703
						16,237
		U.S. Treasury Notes:
	14,300	2.63%, 2009 (G)				14,043
	21,725	3.50%, 2010 (G)				21,521
	17,350	3.88%, 2010 (G)				17,341
	10,200	4.50%, 2017 (G)				10,229
	5,000	4.75%, 2012 (G)				5,130
						68,264
						84,501
		Total U.S. government securities (cost $109,739)			$	113,529
		Total long-term investments (cost $1,434,013)			$	1,511,354
SHORT-TERM INVESTMENTS — 12.5%
		Finance — 0.3%
		Federal Home Loan Bank
$	5,000	4.71%, 11/07/2007 (G)(M)			$	4,996
		Repurchase Agreements — 1.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $9,291, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $9,476)
	9,290	4.94% dated 10/31/2007				9,290
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,378, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $2,426)
	2,378	4.94% dated 10/31/2007				2,378
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,378, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $2,426)
	2,378	4.94% dated 10/31/2007				2,378
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $11, collateralized by U.S. Treasury Note 2.63%, 2008, value of $11)
	11	4.94% dated 10/31/2007				11
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $5,177, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $5,280)
	5,176	4.94% dated 10/31/2007				5,176
		Repurchase Agreements — (continued)
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $6,104, collateralized by FNMA 6.00%, 2036 — 2037, value of $6,226)
	6,104	4.94% dated 10/31/2007				6,104
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,586, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,617)
	1,585	4.94% dated 10/31/2007				1,585
						26,922
Shares
		Securities Purchased with Proceeds from Security Lending — 10.5%
		Cash Collateral Reinvestment Fund:
	154,950	Navigator Prime Portfolio				154,950
Principal
Amount
		Federal Home Loan Mortgage Corporation Collateral Securities:
		Federal Home Loan Mortgage Corp.
$	859	4.59%, 01/25/2008				850
		Federal National Mortgage Association Collateral Securities:
		Federal National Mortgage Association
	2	3.00%, 03/03/2008				2
	—	4.94%, 11/14/2007				—
						2
		Other Direct Federal Obligation Collateral Securities:
		Federal Home Loan Bank
	4	3.75%, 08/13/2008				4
	13	4.36%, 09/10/2009				14
	758	4.41%, 01/25/2008				750
	3,726	4.44%, 11/14/2007 — 12/21/2007				3,711
	883	4.46%, 11/21/2007				880
	738	4.57%, 02/15/2008				728
	14	4.75%, 11/26/2007				14
						6,101
		U.S. Treasury Collateral Securities:
		U.S. Treasury Bond
	117	2.38%, 01/15/2027 (O)				121
	1,210	3.88%, 04/15/2029 (O)				1,968
		U.S. Treasury Note
	12	3.00%, 07/15/2012 (O)				15
	49	3.88%, 01/15/2009 (O)				65
						2,169
						164,072
		Total short-term investments (cost $195,990)			$	195,990
		Total investments (cost $1,630,003) (C)	109.2	%	$	1,707,344
		Other assets and liabilities	(9.2	)%		(144,141	)
		Total net assets	100.0	%	$	1,563,203

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 11.71% of total net assets at October 31, 2007.

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

­ ­  111  ­ ­

The Hartford Advisers Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $1,634,302 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	122,188
Unrealized Depreciation		(49,146	)
Net Unrealized Appreciation	$	73,042

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $72,371, which represents 4.63% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $27,157, which represents 1.74% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $19,274.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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		2,225	Buck Holdings L.P.	$	2,227

	The aggregate value of these securities at October 31, 2007 was $2,002 which represents 0.13% of total net assets.
(U)	At October 31, 2007, securities valued at $2,196 were designated to cover open call options written as follows (see Note 2b to accompanying Notes to Financial Statements):

	Number of		Exercise		Exercise		Market		Premiums
Issuer	Contracts*		Price		Date		Value (W)		Received
Freeport McMoRan Copper & Gold, Inc.		243	$	120.00		Nov, 2007	$	80	$	67
							$	80	$	67

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Sell)	$	1,528	$	1,528		11/05/07	$	—
Swiss Franc (Sell)		5,713		5,714		11/05/07		1
							$	1

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  112  ­ ­

The Hartford Balanced Allocation Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.7%
EQUITY FUNDS — 60.7%
	3,639	The Hartford Capital Appreciation Fund, Class Y			$	179,136
	2,871	The Hartford Disciplined Equity Fund, Class Y				44,301
	3,874	The Hartford Equity Income Fund, Class Y				59,005
	1,754	The Hartford Global Growth Fund, Class Y				45,945
	1,899	The Hartford International Opportunities Fund, Class Y				42,681
	2,179	The Hartford International Small Company Fund, Class Y				39,788
	1,238	The Hartford Select MidCap Value Fund, Class Y				15,120
	1,743	The Hartford Select SmallCap Value Fund, Class Y				20,565
	1,649	The Hartford Small Company Fund, Class Y				42,863
	7,239	The Hartford Value Fund, Class Y				101,994
		Total equity funds (cost $483,361)			$	591,398
FIXED INCOME FUNDS — 39.0%
	5,600	The Hartford Floating Rate Fund, Class Y			$	54,766
	12,958	The Hartford Income Fund, Class Y				131,133
	5,711	The Hartford Inflation Plus Fund, Class Y				61,049
	4,815	The Hartford Short Duration Fund, Class Y				47,233
	862	The Hartford Strategic Income Fund, Class Y				8,410
	7,209	The Hartford Total Return Bond Fund, Class Y				76,706
		Total fixed income funds (cost $384,547)			$	379,297
		Total investments in affiliated investment companies (cost $867,908) (C)	99.7	%	$	970,695
		Other assets and liabilities	0.3	%		2,890
		Total net assets	100.0	%	$	973,585

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $868,266 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	108,062
Unrealized Depreciation		(5,633	)
Net Unrealized Appreciation	$	102,429

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  113  ­ ­

The Hartford Balanced Income Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 44.8%
		Basic Materials — 4.4%
	3	Air Products and Chemicals, Inc.	$	244
	10	Dow Chemical Co.		428
	8	E.I. DuPont de Nemours & Co.		376
	1	International Paper Co.		26
	7	Kimberly-Clark Corp.		475
	8	Packaging Corp. of America		239
	4	PPG Industries, Inc.		269
				2,057
		Capital Goods — 0.7%
	9	Pitney Bowes, Inc.		348
		Consumer Cyclical — 2.0%
	10	Altria Group, Inc.		700
	4	McDonald’s Corp.		227
				927
		Consumer Staples — 2.7%
	8	ConAgra Foods, Inc.		183
	3	Diageo plc ADR		248
	4	General Mills, Inc.		237
	8	Kellogg Co.		427
	5	Kraft Foods, Inc.		175
				1,270
		Energy — 7.5%
	12	Chevron Corp.		1,071
	12	ConocoPhillips Holding Co.		1,037
	9	Exxon Mobil Corp.		837
	3	Royal Dutch Shell plc		289
	4	Total S.A. ADR		322
				3,556
		Finance — 11.6%
	3	Allstate Corp.		131
	19	Bank of America Corp.		893
	5	Bank of New York Mellon Corp.		228
	5	Chubb Corp.		267
	11	Citigroup, Inc.		452
	19	Host Hotels & Resorts, Inc.		421
	9	JP Morgan Chase & Co.		414
	9	Lloyd’s TSB Group plc ADR		389
	9	PNC Financial Services Group, Inc.		642
	7	UBS AG		387
	20	US Bancorp		673
	6	Wachovia Corp.		279
	9	Wells Fargo & Co.		306
				5,482
		Health Care — 2.8%
	5	Abbott Laboratories		246
	10	Bristol-Myers Squibb Co.		285
	3	Eli Lilly & Co.		168
	4	GlaxoSmithKline plc ADR		179
	9	Wyeth		438
				1,316
		Services — 1.0%
	7	R.R. Donnelley & Sons Co.		270
	5	Waste Management, Inc.		193
				463
		Technology — 7.1%
	25	AT&T, Inc.		1,035
	11	Chunghwa Telecom Co., Ltd. ADR		212
	26	General Electric Co.		1,049
		Technology — (continued)
	6	Nokia Corp.		234
	18	Verizon Communications, Inc.		825
				3,355
		Utilities — 5.0%
	5	American Electric Power Co., Inc.		226
	4	Consolidated Edison, Inc.		198
	1	Dominion Resources, Inc.		55
	1	Entergy Corp.		108
	5	Exelon Corp.		406
	15	FPL Group, Inc.		1,040
	3	SCANA Corp.		122
	6	Southern Co.		216
				2,371
		Total common stock (cost $19,630)	$	21,145
PREFERRED STOCK — 0.0%
		Finance — 0.0%
	—	Ford Motor Co. Capital Trust II (X)	$	16
		Total preferred stock (cost $15)	$	16
Principal
Amount
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 3.1%
		Finance — 3.0%
		Banc of America Commercial Mortgage, Inc.
$	85	5.45%, 01/15/2049	$	84
		Bear Stearns Commercial Mortgage Securities, Inc.
	100	4.68%, 08/13/2039		96
	150	5.20%, 12/11/2038		145
		Carmax Automotive Owner Trust
	100	4.34%, 09/15/2010		99
		Chase Commercial Mortgage Securities Corp.
	93	6.39%, 11/18/2030		94
		Commercial Mortgage Pass-Through Certificates
	100	5.96%, 06/10/2046 (L)		102
		Honda Automotive Receivables Owner Trust
	70	5.25%, 08/18/2009		70
		LB-UBS Commercial Mortgage Trust
	150	5.35%, 11/15/2038		147
		Long Beach Automotive Receivables Trust
	100	5.03%, 01/15/2014		100
		Merrill Lynch Mortgage Trust
	100	5.80%, 05/12/2039 (L)		101
		Morgan Stanley Capital I
	100	5.23%, 09/15/2042		98
		Nissan Automotive Lease Trust
	100	5.10%, 07/16/2012		101
		Peco Energy Transition Trust
	75	6.52%, 12/31/2010		78
		PSE&G Transition Funding LLC
	100	6.45%, 03/15/2013		103
				1,418
		Health Care — 0.1%
		CVS Lease Pass-Through Trust
	20	6.04%, 12/10/2028 (I)		20
		Total asset & commercial mortgage backed securities (cost $1,443)	$	1,438

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

­ ­  114  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — 36.8%
		Basic Materials — 1.0%
		Agrium, Inc.
$	10	7.13%, 05/23/2036	$	11
		Alto Parana S.A.
	25	6.38%, 06/09/2017 (I)		26
		Codelco, Inc.
	100	4.75%, 10/15/2014		95
		Commercial Metals Co.
	70	6.50%, 07/15/2017		73
		Cytec Industries, Inc.
	50	6.00%, 10/01/2015		50
		Inco Ltd.
	30	7.20%, 09/15/2032		32
	45	7.75%, 05/15/2012		49
		Methanex Corp.
	20	8.75%, 08/15/2012		21
		Pactiv Corp.
	20	5.88%, 07/15/2012		20
		Temple-Inland, Inc.
	40	6.38%, 01/15/2016		40
		Vale Overseas Ltd.
	5	6.25%, 01/23/2017		5
	5	6.88%, 11/21/2036		5
		Yara International ASA
	45	5.25%, 12/15/2014 (I)		43
				470
		Capital Goods — 0.7%
		Goodrich Co.
	35	6.29%, 07/01/2016		36
		Hutchison Whampoa International Ltd.
	100	5.45%, 11/24/2010 (I)		101
		Tyco International Group S.A.
	25	6.75%, 02/15/2011		26
		Xerox Corp.
	100	5.50%, 05/15/2012		100
	60	6.40%, 03/15/2016		62
				325
		Consumer Cyclical — 1.3%
		Altria Group, Inc.
	30	7.00%, 11/04/2013		33
		Avnet, Inc.
	50	6.63%, 09/15/2016		52
		D.R. Horton, Inc.
	20	6.88%, 05/01/2013		19
	35	8.00%, 02/01/2009		35
		DaimlerChrysler NA Holdings Corp.
	30	5.75%, 05/18/2009		30
	80	6.50%, 11/15/2013		84
		Energy Transfer Partners
	25	6.63%, 10/15/2036		25
		Kroger Co.
	35	6.40%, 08/15/2017		36
		Macys Retails Holdings, Inc.
	160	5.88%, 01/15/2013		158
		Pulte Homes, Inc.
	70	7.88%, 08/01/2011		67
		Ryland Group, Inc.
	15	6.88%, 06/15/2013		15
		Yum! Brands, Inc.
	45	6.25%, 03/15/2018		45
				599
		Consumer Staples — 1.5%
		Cargill, Inc.
	50	3.63%, 03/04/2009 (I)		49
	95	5.60%, 09/15/2012 (I)		96
		Consumer Staples — (continued)
		Cia Brasileira de Bebidas
	75	8.75%, 09/15/2013		86
		Coca-Cola Enterprises, Inc.
	45	6.70%, 10/15/2036		49
		Kraft Foods, Inc.
	75	4.13%, 11/12/2009		74
	10	6.25%, 06/01/2012		10
	100	6.50%, 08/11/2017		105
		Miller Brewing Co.
	20	4.25%, 08/15/2008 (I)		20
		PepsiAmericas, Inc.
	35	4.88%, 01/15/2015		34
		SABMiller plc
	80	6.20%, 07/01/2011 (I)		82
		Tyson Foods, Inc.
	90	6.85%, 04/01/2016		94
		Weyerhaeuser Co.
	10	7.38%, 03/15/2032		10
				709
		Energy — 2.0%
		Amerada Hess Corp.
	65	7.88%, 10/01/2029		76
		Atmos Energy Corp.
	40	6.35%, 06/15/2017		41
		Baltimore Gas and Electric
	80	6.35%, 10/01/2036		79
		Canadian National Resources Ltd.
	30	5.70%, 05/15/2017		30
	100	6.25%, 03/15/2038		99
		ConocoPhillips Holding Co.
	50	6.95%, 04/15/2029		57
		DCP Midstream LLC
	100	6.75%, 09/15/2037 (I)		103
		Panhandle Eastern Pipeline
	75	6.20%, 11/01/2017		75
		Pemex Project Funding Master Trust
	20	5.75%, 12/15/2015		20
	15	5.75%, 03/01/2018 (I)		15
	10	6.63%, 06/15/2035 (I)		11
		Petrobras International Finance Co.
	70	5.88%, 03/01/2018		69
	20	8.38%, 12/10/2018		23
		Valero Energy Corp.
	105	7.50%, 04/15/2032		118
		Weatherford International Ltd.
	65	6.50%, 08/01/2036	��	65
		XTO Energy, Inc.
	45	7.50%, 04/15/2012		49
				930
		Finance — 17.8%
		Ace Capital Trust II
	40	9.70%, 04/01/2030		51
		Allied World Assurance
	50	7.50%, 08/01/2016		53
		Allstate Finance Global Fund II
	30	4.25%, 02/26/2010		30
		American General Finance Corp.
	80	4.63%, 05/15/2009		79
		Ameriprise Financial, Inc.
	60	5.35%, 11/15/2010		60
	20	5.65%, 11/15/2015		20
		Avalonbay Communities, Inc.
	25	7.50%, 08/01/2009		26
		Axa S.A.
	45	8.60%, 12/15/2030		56

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

­ ­  115  ­ ­

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		BAC Capital Trust VI
$	20	5.63%, 03/08/2035	$	18
		Banco Mercantile Del Norte S.A.
	10	6.14%, 10/13/2016 (I)		10
		Bank of America Corp.
	220	5.25%, 12/01/2015		215
	200	5.42%, 03/15/2017		194
	50	6.00%, 09/01/2017		51
	50	7.25%, 10/15/2025		56
		Bear Stearns Co., Inc.
	65	5.35%, 02/01/2012		64
	55	5.55%, 01/22/2017		51
	45	6.40%, 10/02/2017		45
	100	6.95%, 08/10/2012		104
		Brandywine Operating Partnership
	15	5.70%, 05/01/2017		14
	50	5.75%, 04/01/2012		50
		Camden Property Trust
	85	4.38%, 01/15/2010		83
		Capital One Financial Corp.
	200	6.75%, 09/15/2017		206
		Capmark Financial Group
	40	5.88%, 05/10/2012 (I)		36
	10	6.30%, 05/10/2017 (I)		8
		CIT Group, Inc.
	20	5.12%, 09/30/2014		18
	75	5.65%, 02/13/2017		69
	45	5.80%, 07/28/2011		44
	100	5.85%, 09/15/2016		95
		Citigroup, Inc.
	105	5.00%, 09/15/2014		102
	100	5.50%, 08/27/2012		101
	140	5.63%, 08/27/2012		142
	210	6.00%, 08/15/2017 — 10/31/2033		204
		Colonial Realty L.P.
	95	6.05%, 09/01/2016		91
		Countrywide Financial Corp.
	95	5.80%, 06/07/2012		82
	25	6.25%, 05/15/2016		20
		Countrywide Home Loans, Inc.
	15	4.00%, 03/22/2011		13
		Credit Suisse First Boston USA, Inc.
	20	4.88%, 08/15/2010		20
	80	5.13%, 08/15/2015		78
		Developers Diversified Realty Corp.
	50	5.00%, 05/03/2010		50
	50	5.38%, 10/15/2012		49
		Discover Financial Services, Inc.
	10	6.45%, 06/12/2017 (I)		10
		Duke-Weeks Realty
	50	7.75%, 11/15/2009		52
		Eaton Vance Corp.
	90	6.50%, 10/02/2017		92
		Equity One, Inc.
	65	6.00%, 09/15/2017 (I)		62
		Erac USA Finance Co.
	125	7.00%, 10/15/2037 (I)		123
		ERP Operating L.P.
	10	4.75%, 06/15/2009		10
	40	6.95%, 03/02/2011		42
		Everest Reinsurance Holdings, Inc.
	50	6.60%, 05/15/2037 (L)		47
	20	8.75%, 03/15/2010		22
		Farmers Exchange Capital
	100	7.05%, 07/15/2028 (I)		102
		General Electric Capital Corp.
	110	6.15%, 08/07/2037		114
		Finance — (continued)
		Goldman Sachs Group, Inc.
	15	5.45%, 11/01/2012		15
	55	5.63%, 01/15/2017		53
	180	6.25%, 09/01/2017		183
	170	6.45%, 05/01/2036		166
	50	6.60%, 01/15/2012		52
	80	6.65%, 05/15/2009		82
	15	6.75%, 10/01/2037		15
		HBOS plc
	50	6.00%, 11/01/2033 (I)		50
		Health Care Property Investors, Inc.
	20	5.65%, 12/15/2013		19
	80	6.00%, 01/30/2017		77
	20	6.30%, 09/15/2016		20
		HSBC Finance Corp.
	100	6.38%, 10/15/2011		103
	145	6.75%, 05/15/2011		151
		HSBC Holdings plc.
	150	6.50%, 09/15/2037		149
		International Lease Finance Corp.
	120	5.63%, 09/15/2010 — 09/20/2013		121
	80	6.38%, 03/15/2009		81
		Janus Capital Group, Inc.
	60	6.70%, 06/15/2017		62
		JP Morgan Chase & Co.
	165	5.13%, 09/15/2014		161
	50	5.88%, 03/15/2035		45
	210	6.75%, 02/01/2011		220
		Kimco Realty Corp.
	30	5.78%, 03/15/2016		30
		Lazard Group
	80	6.85%, 06/15/2017		79
		Lehman Brothers Holdings, Inc.
	70	4.38%, 11/30/2010		68
	100	6.20%, 09/26/2014		101
	140	6.50%, 07/19/2017		141
	75	7.00%, 09/27/2027		77
		Liberty Mutual Group, Inc.
	60	5.75%, 03/15/2014 (I)		60
	30	7.50%, 08/15/2036 (I)		31
		Liberty Property L.P.
	10	5.50%, 12/15/2016		9
	20	6.63%, 10/01/2017		20
	25	7.75%, 04/15/2009		26
	10	8.50%, 08/01/2010		11
		Lincoln National Corp.
	80	5.65%, 08/27/2012		80
	35	6.15%, 04/07/2036		35
		Merrill Lynch & Co., Inc.
	210	6.05%, 08/15/2012 — 05/16/2016		211
	100	6.22%, 09/15/2026		95
	90	6.40%, 08/28/2017		91
		Metlife, Inc.
	25	6.13%, 12/01/2011		26
		Mizuho Financial Group, Inc.
	100	5.79%, 04/15/2014 (I)		101
		Morgan Stanley
	10	3.63%, 04/01/2008		10
	395	4.75%, 04/01/2014		374
	100	5.45%, 01/09/2017		97
	20	6.25%, 08/28/2017		20
		PNC Funding Corp.
	110	5.50%, 09/28/2012		110
		Prudential Financial, Inc.
	60	5.90%, 03/17/2036		57
	70	6.10%, 06/15/2017		71
		Realty Income Corp.
	55	6.75%, 08/15/2019		55

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

­ ­  116  ­ ­

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		Regency Centers L.P.
$	30	5.25%, 08/01/2015	$	28
	15	5.88%, 06/15/2017		15
		Reinsurance Group of America, Inc.
	60	5.63%, 03/15/2017		58
		Schwab Capital Trust I
	35	7.50%, 11/15/2037 (L)		36
		Simon Property Group L.P.
	20	4.88%, 08/15/2010		20
	45	5.38%, 06/01/2011		45
		Symetra Financial Corp.
	20	6.13%, 04/01/2016 (I)		20
		Travelers Property Casualty Corp.
	10	6.38%, 03/15/2033		10
		Trustreet Properties, Inc.
	80	7.50%, 04/01/2015		86
		UFJ Finance Aruba AEC
	100	6.75%, 07/15/2013		105
		United Dominion Realty Trust, Inc.
	20	6.05%, 06/01/2013		20
		UnitedHealth Group, Inc.
	25	5.38%, 03/15/2016		25
		Unitrin, Inc.
	100	4.88%, 11/01/2010		100
	40	6.00%, 05/15/2017		39
		Wachovia Corp.
	55	4.88%, 02/15/2014		53
	70	�� 5.63%, 10/15/2016		69
	150	5.75%, 06/15/2017		151
		Westfield Group
	60	5.40%, 10/01/2012 (I)		60
		Willis North America, Inc.
	45	6.20%, 03/28/2017		45
		WR Berkley Corp.
	25	5.88%, 02/15/2013		25
		XL Capital Europe plc
	25	6.50%, 01/15/2012		26
				8,381
		Foreign Governments — 1.9%
		Colombia (Republic of)
	25	8.25%, 12/22/2014		29
	20	10.00%, 01/23/2012		23
	25	10.38%, 01/28/2033		38
		Hungary (Republic of)
HUF	11,200	6.75%, 04/12/2010		64
		Israel Shahar
ILS	80	10.00%, 05/31/2012		25
		Mexican Bonos De Desarrollo
MXP	1,775	7.25%, 12/15/2016		159
		Russian Federation Government
	40	3.00%, 05/14/2008		39
	272	7.50%, 03/31/2030 (K)		307
	20	12.75%, 06/24/2028 (K)		36
		South Africa (Republic of)
	10	7.38%, 04/25/2012		11
		United Mexican States
	18	5.63%, 01/15/2017		18
	97	6.75%, 09/27/2034		109
MXP	250	9.00%, 12/22/2011		25
				883
		Health Care — 1.1%
		Amerisource Bergen Corp.
	25	5.63%, 09/15/2012		25
	40	5.88%, 09/15/2015		40
		Health Care — (continued)
Principal			Market
Amount			Value (W)
		Astrazeneca plc
	120	6.45%, 09/15/2037		126
		CVS Caremark Corp.
	185	5.75%, 06/01/2017		184
		Encysive Pharmaceuticals, Inc.
	9	2.50%, 03/15/2012 (X)		6
		Laboratory Corp.
	20	5.63%, 12/15/2015		20
		Quest Diagnostics, Inc.
	115	6.95%, 07/01/2037		122
				523
		Services — 2.7%
		CBS Corp.
	95	7.70%, 07/30/2010		101
	45	7.88%, 07/30/2030		49
		Clear Channel Communications, Inc.
	80	7.65%, 09/15/2010		81
		Comcast Corp.
	5	5.50%, 03/15/2011		5
	80	6.45%, 03/15/2037		81
	110	7.05%, 03/15/2033		118
		COX Communications, Inc.
	10	5.88%, 12/01/2016 (I)		10
	80	6.45%, 12/01/2036 (I)		79
	90	7.13%, 10/01/2012		96
		Electronic Data Systems Corp.
	40	7.45%, 10/15/2029		41
		Harrah’s Operating Co., Inc.
	10	5.50%, 07/01/2010		10
		News America, Inc.
	30	6.20%, 12/15/2034		29
	60	6.40%, 12/15/2035		60
	25	7.28%, 06/30/2028		27
		Time Warner Entertainment Co. L.P.
	25	7.25%, 09/01/2008		25
	30	8.38%, 03/15/2023		35
		Time Warner, Inc.
	30	5.50%, 11/15/2011		30
	60	5.88%, 11/15/2016		60
	10	6.50%, 11/15/2036		10
	60	6.75%, 04/15/2011		62
	105	7.63%, 04/15/2031		117
		Viacom, Inc.
	50	5.75%, 04/30/2011		50
	40	6.13%, 10/05/2017		40
	65	6.25%, 04/30/2016		66
		Wyndham Worldwide
	10	6.00%, 12/01/2016		10
				1,292
		Technology — 4.4%
		Alltel Corp.
	60	6.75%, 04/01/2028		54
		AT&T Broadband Corp.
	125	8.38%, 03/15/2013		141
		AT&T, Inc.
	60	5.10%, 09/15/2014		59
	85	5.30%, 11/15/2010		86
	140	6.15%, 09/15/2034		141
	50	6.50%, 09/01/2037		53
		Bellsouth Corp.
	30	5.20%, 09/15/2014		30
		British Telecommunications plc
	35	8.62%, 12/15/2010 (L)		38
	20	9.12%, 12/15/2030 (L)		27

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

­ ­  117  ­ ­

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Technology — (continued)
		Cingular Wireless Services, Inc.
$	35	7.88%, 03/01/2011	$	38
	120	8.75%, 03/01/2031		155
		Comcast Cable Communications, Inc.
	45	6.75%, 01/30/2011		47
		Deutsche Telekom International Finance B.V.
	55	8.00%, 06/15/2010 (L)		59
	100	8.25%, 06/15/2030		125
		Embarq Corp.
	40	7.08%, 06/01/2016		42
		Qwest Corp.
	10	7.63%, 06/15/2015		11
		Sprint Capital Corp.
	70	6.13%, 11/15/2008		70
	30	8.38%, 03/15/2012		33
		Sprint Nextel Corp.
	100	6.00%, 12/01/2016		96
		Telecom Italia Capital
	10	5.25%, 10/01/2015		10
	30	6.00%, 09/30/2034		29
	155	6.20%, 07/18/2011		160
		Telefonica Europe B.V.
	45	7.75%, 09/15/2010		48
	90	8.25%, 09/15/2030		110
		Time Warner Cable Inc.
	110	6.55%, 05/01/2037		111
		Verizon Global Funding Corp.
	115	7.25%, 12/01/2010		123
	160	7.75%, 12/01/2030		188
				2,084
		Transportation — 0.2%
		American Airlines, Inc.
	32	3.86%, 07/09/2010		31
		Continental Airlines, Inc.
	20	5.98%, 04/19/2022		19
	10	6.90%, 04/19/2022		9
		Southwest Airlines Co.
	60	6.15%, 08/01/2022		61
				120
		Utilities — 2.2%
		AES Panama S.A.
	10	6.35%, 12/21/2016 (I)		10
		American Electric Power Co., Inc.
	30	5.38%, 03/15/2010		30
		CenterPoint Energy Resources Corp.
	25	7.75%, 02/15/2011		27
		Dominion Resources, Inc.
	131	6.25%, 06/30/2012		136
		Duke Capital LLC
	55	7.50%, 10/01/2009		57
		Duke Energy Field Services
	10	6.45%, 11/03/2036 (I)		10
		El Paso Natural Gas Co.
	70	5.95%, 04/15/2017 (I)		69
		Enel Finance International
	100	6.80%, 09/15/2037 (I)		105
		Exelon Generation Co. LLC
	45	6.95%, 06/15/2011		47
		Kinder Morgan Energy Partners L.P.
	40	6.75%, 03/15/2011		42
	50	7.30%, 08/15/2033		53
		Midamerican Energy Holdings Co.
	80	6.13%, 04/01/2036		79
		Utilities — (continued)
		Nisource Finance Corp.
	10	5.25%, 09/15/2017		9
	50	6.40%, 03/15/2018		51
	60	7.88%, 11/15/2010		64
		Ohio Power Co.
	40	5.30%, 11/01/2010		40
		Peco Energy Co.
	20	5.70%, 03/15/2037		19
		Progress Energy, Inc.
	50	6.85%, 04/15/2012		53
		PSEG Power LLC
	10	8.63%, 04/15/2031		12
		Taqa Abu Dhabi National
	100	6.50%, 10/27/2036 (I)		97
		Union Electric Co.
	45	6.40%, 06/15/2017		48
				1,058
		Total corporate bonds: investment grade (cost $17,312)	$	17,374
CORPORATE BONDS: NON-INVESTMENT GRADE — 9.6%
		Basic Materials — 0.6%
		Freeport-McMoRan Copper & Gold, Inc.
$	40	8.38%, 04/01/2017	$	44
	5	8.39%, 04/01/2015 (L)		5
		Georgia-Pacific Corp.
	25	7.13%, 01/15/2017 (I)		24
	10	8.13%, 05/15/2011		10
		Hawk Corp.
	15	8.75%, 11/01/2014		15
		Koppers Holdings, Inc.
	30	10.92%, 11/15/2014 (M)		26
		Massey Energy Co.
	10	6.63%, 11/15/2010		10
		Novelis, Inc.
	30	7.25%, 02/15/2015		29
		Peabody Energy Corp.
	10	6.88%, 03/15/2013		10
	15	7.38%, 11/01/2016		15
		RathGibson, Inc.
	10	11.25%, 02/15/2014		10
		RBS Global & Rexnord Corp.
	20	9.50%, 08/01/2014		21
		Terra Capital, Inc.
	15	7.00%, 02/01/2017		15
		Texas Industries, Inc.
	25	7.25%, 07/15/2013		25
		Tube City IMS Corp.
	15	9.75%, 02/01/2015		15
				274
		Capital Goods — 0.2%
		Blount, Inc.
	20	8.88%, 08/01/2012		20
		ESCO Corp.
	30	8.63%, 12/15/2013 (I)		31
		Goodman Global Holding Co.
	20	7.88%, 12/15/2012		21
		Hawker Beechcraft Acquisition Co.
	10	9.75%, 04/01/2017 (I)		10
		Transdigm, Inc.
	10	7.75%, 07/15/2014		10
				92
		Consumer Cyclical — 0.3%
		Alliance One International, Inc.
	15	11.00%, 05/15/2012		16

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

­ ­  118  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Consumer Cyclical — (continued)
		Aramark Corp.
$	20	8.50%, 02/01/2015	$	20
		Dollarama Group L.P.
	20	8.88%, 08/15/2012		20
		General Motors Corp.
	15	8.38%, 07/15/2033		14
		IKON Office Solutions, Inc.
	40	7.75%, 09/15/2015		41
		Lazydays RV Center, Inc.
	5	11.75%, 05/15/2012		4
		TRW Automotive, Inc.
	20	7.00%, 03/15/2014 (I)		20
		United Components, Inc.
	15	9.38%, 06/15/2013		15
				150
		Consumer Staples — 0.1%
		Constellation Brands, Inc.
	15	7.25%, 05/15/2017 (I)		15
		Land O’Lakes Capital Trust
	15	7.45%, 03/15/2028 (I)		14
		Pilgrim’s Pride Corp.
	22	8.38%, 05/01/2017		22
		Smithfield Foods, Inc.
	15	7.75%, 05/15/2013		15
				66
		Energy — 0.5%
		Chesapeake Energy Corp.
	40	6.50%, 08/15/2017		38
		Delta Petroleum Corp.
	10	7.00%, 04/01/2015		9
		Dune Energy, Inc.
	10	10.50%, 06/01/2012 (I)		10
		Encore Acquisition
	25	6.00%, 07/15/2015		22
		Exco Resources, Inc.
	15	7.25%, 01/15/2011		15
		OPTI Canada, Inc.
	15	7.88%, 12/15/2014 (I)		15
	10	8.25%, 12/15/2014 (I)		10
		Petrohawk Energy Corp.
	30	9.13%, 07/15/2013		32
		Petroleos de Venezuela S.A.
	50	5.25%, 04/12/2017		38
	40	5.38%, 04/12/2027		26
		Pioneer Natural Resources Co.
	25	5.88%, 07/15/2016		22
		Range Resources Corp.
	10	6.38%, 03/15/2015		10
		Whiting Petroleum Corp.
	10	7.25%, 05/01/2012		10
				257
		Finance — 0.8%
		Bancolombia S.A.
	25	6.88%, 05/25/2017		24
		E*Trade Financial Corp.
	25	7.38%, 09/15/2013		23
		Ford Motor Credit Co.
	20	8.63%, 11/01/2010		19
	60	9.69%, 04/15/2012 (L)		61
		General Motors Acceptance Corp.
	50	6.88%, 09/15/2011 — 08/28/2012		45
	10	7.25%, 03/02/2011		10
	20	8.00%, 11/01/2031		19
		Finance — (continued)
Principal			Market
Amount (B)			Value (W)
		Hertz Corp.
	20	8.88%, 01/01/2014		21
	5	10.50%, 01/01/2016		5
		IOS Capital LLC
	10	7.25%, 06/30/2008		10
		Kar Holdings, Inc.
	10	10.00%, 05/01/2015 (I)		10
		Nexstar Financial Holdings LLC
	5	7.59%, 04/01/2013 (M)		5
		Provident Financing Trust I
	20	7.41%, 03/15/2038		20
		Rainbow National Services LLC
	10	8.75%, 09/01/2012 (I)		10
		Rental Service Corp.
	20	9.50%, 12/01/2014		19
		Sphynx Capital Markets
EUR	32	10.25%, 01/30/2010		46
		Sunstate Equipment Co.
	20	10.50%, 04/01/2013 (I)		19
		United Rentals North America, Inc.
	10	7.00%, 02/15/2014		11
		Universal Hospital Services
	20	8.50%, 06/01/2015 (I)		20
				397
		Foreign Governments — 3.7%
		Argentina (Republic of)
EUR	10	1.20%, 12/31/2038		6
ARS	81	2.00%, 09/30/2014 — 02/04/2018		19
	56	5.37%, 08/03/2012 (L)		51
ARS	31	5.83%, 12/31/2033		8
	35	7.00%, 09/12/2013 — 04/17/2017		30
	29	8.28%, 12/31/2033		29
		Brazil (Republic of)
	100	6.00%, 01/17/2017		102
	15	7.88%, 03/07/2015		17
	145	8.00%, 01/15/2018		162
	25	8.25%, 01/20/2034		32
	50	8.88%, 10/14/2019		63
BRL	515	10.00%, 01/01/2014 — 01/01/2017		272
		Colombia (Republic of)
COP	9,000	9.85%, 06/28/2027		5
		Costa Rica (Republic of)
	5	8.05%, 01/31/2013 (K)		6
	35	9.34%, 05/15/2009		37
		Ecuador (Republic of)
	10	10.00%, 08/15/2030 (K)		10
		Indonesia (Republic of)
	100	6.63%, 02/17/2037		98
IDR	300,000	11.00%, 11/15/2020		36
		Panama (Republic of)
	5	6.70%, 01/26/2036		5
	15	7.25%, 03/15/2015		17
	20	9.38%, 07/23/2012		23
		Peru (Republic of)
	19	6.55%, 03/14/2037		20
	10	8.75%, 11/21/2033		13
		Philippines (Republic of)
	85	9.38%, 01/18/2017		105
		Turkey (Republic of)
	105	6.88%, 03/17/2036		104
	90	7.25%, 03/15/2015		95
	20	9.50%, 01/15/2014		24
		Ukraine Government
	100	6.39%, 06/26/2012 (K)		101

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

­ ­  119  ­ ­

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Foreign Governments — (continued)
		Uruguay (Republic of)
$	50	7.25%, 02/15/2011	$	52
	20	7.63%, 03/21/2036		22
	15	8.00%, 11/18/2022		17
		Venezuela (Republic of)
	70	5.75%, 02/26/2016		60
	5	6.18%, 04/20/2011 (L)		5
	45	7.65%, 04/21/2025		43
	30	8.50%, 10/08/2014		31
				1,720
		Health Care — 0.5%
		Advanced Medical Optics, Inc.
	30	7.50%, 05/01/2017		28
		Community Health Systems, Inc.
	20	8.88%, 07/15/2015 (I)		20
		Elan Financial plc
	30	7.75%, 11/15/2011		30
	20	9.56%, 11/15/2011 (L)		20
		HCA, Inc.
	70	9.63%, 11/15/2016		74
		Omnicare, Inc.
	20	6.88%, 12/15/2015		19
		Rite Aid Corp.
	10	7.50%, 03/01/2017		10
		Tenet Healthcare Corp.
	35	9.88%, 07/01/2014		32
				233
		Services — 1.3%
		AMC Entertainment, Inc.
	30	8.00%, 03/01/2014		29
		Bonten Media Acquisition
	15	9.00%, 06/01/2015 (I)		14
		Carriage Services, Inc.
	25	7.88%, 01/15/2015		25
		CSC Holdings, Inc.
	30	7.63%, 07/15/2018		29
		DirecTV Holdings LLC
	10	6.38%, 06/15/2015		10
		Harland Clarke Holdings
	5	9.50%, 05/15/2015		5
		Harrah’s Operating Co., Inc.
	40	5.63%, 06/01/2015		31
		Idearc, Inc.
	45	8.00%, 11/15/2016		45
		Indianapolis Downs
	15	11.00%, 11/01/2012 (I)		15
		Lamar Media Corp.
	15	7.25%, 01/01/2013		15
		Liberty Media Corp.
	30	7.88%, 07/15/2009		31
	10	8.50%, 07/15/2029		10
		Majestic Star LLC/Capital II
	15	9.75%, 01/15/2011		13
		Marquee Holdings, Inc.
	30	12.21%, 08/15/2014 (M)		25
		MGM Mirage, Inc.
	15	8.50%, 09/15/2010		16
		OED Corp./Diamond Jo LLC
	20	8.75%, 04/15/2012		20
		Open Solutions, Inc.
	20	9.75%, 02/01/2015 (I)		19
		Park Place Entertainment Corp.
	20	8.13%, 05/15/2011		20
		Services — (continued)
Principal			Market
Amount			Value (W)
		Quebecor Media
	15	7.75%, 03/15/2016		15
	25	7.75%, 03/15/2016 (I)		24
		RH Donnelley Corp.
	30	6.88%, 01/15/2013		28
	10	8.88%, 10/15/2017 (I)		10
		River Rock Entertainment
	10	9.75%, 11/01/2011		10
		Seminole Hard Rock Entertainment
	10	8.19%, 03/15/2014 (I)(L)		10
		Seneca Gaming Corp.
	25	7.25%, 05/01/2012		25
		Sensata Technologies
	10	8.00%, 05/01/2014		10
		Service Corp. International
	25	7.00%, 06/15/2017		24
		SunGard Data Systems, Inc.
	20	9.13%, 08/15/2013		20
	26	10.25%, 08/15/2015		27
		Virgin River Casino Corp.
	25	9.00%, 01/15/2012		24
		Warner Music Acquisition Corp.
	15	7.38%, 04/15/2014		13
		Wynn Las Vegas LLC
	15	6.62%, 12/01/2014		15
				627
		Technology — 0.7%
		Actuant Corp.
	10	6.88%, 06/15/2017 (I)		10
		Bio-Rad Laboratories, Inc.
	10	6.13%, 12/15/2014		10
		Canwest MediaWorks L.P.
	20	9.25%, 08/01/2015 (I)		20
		CCH II Holdings LLC/ CCH II Capital
	15	10.25%, 10/01/2013		15
		Celestica, Inc.
	10	7.88%, 07/01/2011		10
		Charter Communications Operating LLC
	40	8.00%, 04/30/2012 (I)		40
		Charter Communications, Inc.
	8	6.50%, 10/01/2027 (X)		7
		Coleman Cable, Inc.
	25	9.88%, 10/01/2012		25
		Deluxe Corp.
	20	7.38%, 06/01/2015		20
		Dobson Cellular Systems
	10	8.38%, 11/01/2011		11
		Freescale Semiconductor, Inc.
	15	9.13%, 12/15/2014		13
	13	10.13%, 12/15/2016		12
		GCI, Inc.
	20	7.25%, 02/15/2014		18
		Intelsat Intermediate
	20	8.89%, 02/01/2015 (M)		16
		Mediacom Broadband LLC
	20	8.50%, 10/15/2015		20
		ON Semiconductor Corp.
	5	2.63%, 12/15/2026 (X)		6
		PanAmSat Corp.
	20	9.00%, 08/15/2014		20
		PGS Solutions, Inc.
	15	9.63%, 02/15/2015 (I)		14
		Sanmina-Sci Corp.
	30	8.44%, 06/15/2010 (I)(L)		30
		Windstream Corp.
	20	8.13%, 08/01/2013		21
				338

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

­ ­  120  ­ ­

Principal					Market
Amount					Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Transportation — 0.3%
		American Rail Car Industries, Inc.
$	15	7.50%, 03/01/2014			$	15
		Continental Airlines, Inc.
	46	9.80%, 04/01/2021				49
		Delta Airlines
	15	7.71%, 09/18/2011				15
		Hornbeck Offshore Services, Inc.
	15	6.13%, 12/01/2014				14
		Navios Maritime Holdings
	15	9.50%, 12/15/2014				16
		Ultrapetrol Bahamas Ltd.
	10	9.00%, 11/24/2014				10
						119
		Utilities — 0.6%
		AES Corp.
	15	7.75%, 10/15/2015 (I)				15
		Aquila, Inc.
	20	14.88%, 07/01/2012				25
		CIA Transporte Energia
	5	8.88%, 12/15/2016 (I)				5
		Dynegy Holdings, Inc.
	15	8.38%, 05/01/2016				15
		Edison Mission Energy
	25	7.50%, 06/15/2013				25
		Energy Future Holdings
	25	10.88%, 11/01/2017 (I)				25
		Kinder Morgan Finance Corp.
	25	5.70%, 01/05/2016				23
		National Power Corp.
	35	9.74%, 08/23/2011 (L)				38
	35	9.88%, 03/16/2010				38
		NRG Energy, Inc.
	40	7.38%, 01/15/2017				40
		TXU Corp.
	20	5.55%, 11/15/2014				16
	10	6.50%, 11/15/2024				7
						272
		Total corporate bonds: non-investment grade (cost $4,524)			$	4,545
U.S. GOVERNMENT SECURITIES — 0.2%
		U.S. Treasury Securities — 0.2%
		U.S. Treasury Bonds:
$	65	6.00%, 2026 (S)			$	74
		Total U.S. government securities (cost $72)			$	74
Contracts
CALL OPTIONS PURCHASED — 0.0%
		Long Call Foreign Currency Option Contract — 0.0%
		Korea (Republic of)
	35	Expiration: November, 2007, Exercise Price: $934.40			$	—
		Total call options purchased (cost $0)			$	—
		Total long-term investments (cost $42,996)			$	44,592
					Market
Contracts					Value (W)
Principal					Market
Amount (B)					Value (W)
SHORT-TERM INVESTMENTS — 4.8%
		Foreign Governments — 0.8%
		BK Negara Monetary Note
MYR	625	3.44%, 03/13/2008 (M)			$	185
MYR	625	12.29%, 11/01/2007 (M)				187
		Egypt Treasury Bill
EGP	50	6.73%, 04/15/2008 (M)				9
						381
		Repurchase Agreements — 4.0%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $643, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $656)
$	643	4.94% dated 10/31/2007				643
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $165, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $168)
	165	4.94% dated 10/31/2007				165
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $165, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $168)
	164	4.94% dated 10/31/2007				164
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1, collateralized by U.S. Treasury Note 2.63%, 2008, value of $1)
	1	4.94% dated 10/31/2007				1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $358, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $365)
	358	4.94% dated 10/31/2007				358
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $422, collateralized by FNMA 6.00%, 2036 — 2037, value of $431)
	422	4.94% dated 10/31/2007				422
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $110, collateralized by FNMA 6.00%, 2036 — 2037, value of $112)
	110	4.94% dated 10/31/2007				110
						1,863
		Total short-term investments (cost $2,240)			$	2,244
		Total investments (cost $45,236) (C)	99.3	%	$	46,836
		Other assets and liabilities	0.7	%		316
		Total net assets	100.0	%	$	47,152

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 16.31% of total net assets at October 31, 2007.

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

­ ­  121  ­ ­

The Hartford Balanced Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $45,239 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	2,275
Unrealized Depreciation		(678	)
Net Unrealized Appreciation	$	1,597

(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $2,098, which represents 4.45% of total net assets.
(K)	Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At October 31, 2007, the market value of these securities amounted to $460 or 0.98% of net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(X)	Convertible debt security.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

ARS	— Argentine Peso
BRL	— Brazilian Real
COP	— Colombian Peso
EGP	— Egyptian Pound
EUR	— Euro
HUF	— Hungarian Forint
IDR	— Indonesian Rupiah
ILS	— Israeli New Shekel
MXP	— Mexican Peso
MYR	— Malaysian Ringgit

(S) Security pledged as initial margin deposit for open futures contracts at October 31, 2007.

Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
5 Year U.S. Treasury Note		10		Long		Dec, 2007	$	5
10 Year Australian Bond		3		Short		Dec, 2007		6
10 Year Canadian Bond		2		Short		Dec, 2007		(1	)
10 Year U.S. Treasury Bond		1		Long		Dec, 2007		1
							$	11

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Argentine Peso (Sell)	$	5	$	5		11/19/07	$	—
Brazilian Real (Buy)		103		97		12/19/07		6
Brazilian Real (Sell)		209		185		12/19/07		(24	)
Colombian Peso (Buy)		22		22		11/19/07		—
Euro (Sell)		128		121		12/19/07		(7	)
Indonesian Rupiah (Buy)		1		1		11/19/07		—
Israeli New Shekel (Buy)		24		24		12/19/07		—
Israeli New Shekel (Sell)		24		23		12/19/07		(1	)
Mexican Peso (Buy)		121		118		12/19/07		3
Mexican Peso (Sell)		187		180		12/19/07		(7	)
Peruvian Sol (Buy)		8		8		12/19/07		—
Republic of Korea Won (Buy)		23		22		12/18/07		1
Republic of Korea Won (Sell)		23		22		12/18/07		(1	)
							$	(30	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  122  ­ ­

The Hartford Capital Appreciation Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 92.2%
		Basic Materials — 15.5%
	2,023	Aracruz Celulose S.A. ADR (G)	$	155,558
	4,000	Cameco Corp.		196,200
	12,049	Companhia Vale do Rio Doce ADR		454,022
	7,111	Dow Chemical Co.		320,297
	3,041	Freeport-McMoRan Copper & Gold, Inc. (G)		357,818
	834	Holcim Ltd. (A)		95,295
	563	Potash Corp. of Saskatchewan		69,197
	3,842	Praxair, Inc.		328,427
	2,500	Rio Tinto plc (A)		234,438
	3,389	Teck Cominco Ltd. Class B		169,732
	1,276	United States Steel Corp.		137,713
	6,134	Uranium One, Inc. (D)		68,120
	9,900	Vedanta Resources plc (A)		454,712
	4,160	Xstrata plc (A)		299,927
				3,341,456
		Capital Goods — 5.3%
	7,468	ABB Ltd. ADR #		225,674
	2,096	Atlas Copco AB (A)		35,238
	2,527	Boeing Co.		249,088
	860	Cummins, Inc.		103,205
	1,600	Deere & Co.		247,840
	452	Flowserve Corp.		35,663
	1,681	ITT Corp.		112,459
	500	Joy Global, Inc.		29,030
	1,352	Rockwell Automation, Inc.		93,153
				1,131,350
		Consumer Cyclical — 9.2%
	1,060	BorgWarner, Inc. (G)		112,030
	36,752	Buck Holdings L.P. (A)(D)(H)		33,076
	4,233	D.R. Horton, Inc.		53,719
	38,077	Ford Motor Co. (D)(G)		337,742
	1,021	Foster Wheeler Ltd. (D)		151,393
	2,500	Honda Motor Co., Ltd. (A)		93,617
	4,249	Limited Brands, Inc. (G)		93,514
	4,092	Liz Claiborne, Inc. (G)		116,488
	6,054	Lowe’s Cos., Inc.		162,798
	7,231	Macy’s, Inc. (G)		231,622
	4,619	Newell Rubbermaid, Inc.		134,699
	6,791	TJX Cos., Inc. (G)		196,458
	4,500	Toyota Motor Corp. (A)		257,599
				1,974,755
		Consumer Staples — 3.4%
	2,208	Bunge Ltd. Finance Corp. (G)		254,374
	4,079	Cosan Ltd. (D)(G)		51,802
	4,425	Cosan S.A. Industria E Comercio		69,159
	443	Nestle S.A. (A)		204,722
	2,250	Procter & Gamble Co.		156,427
				736,484
		Energy — 10.7%
	3,171	Chesapeake Energy Corp. (G)		125,203
	965	EnCana Corp. (G)		67,233
	10,577	Halliburton Co. (G)		416,930
	5,955	OAO Gazprom ADR (G)		296,544
	2,025	OMV AG (A)		152,064
	5,696	Pride International, Inc. (D)		210,190
	2,113	Sasol Ltd. ADR (G)		107,472
	1,713	Transocean, Inc. (D)(G)		204,457
	2,731	Valero Energy Corp.		192,337
		Energy — (continued)
	4,500	Weatherford International Ltd. (D)		292,095
	3,725	XTO Energy, Inc.		247,272
				2,311,797
		Finance — 14.6%
	4,634	ACE Ltd.		280,891
	32,452	Akbank T.A.S. (A)		298,748
	2,648	Alibaba.com Ltd. (D)(Q)		4,612
	2,583	American International Group, Inc.		163,052
	201	Augsburg Re AG (A)(D)(H)		—
	2,243	Capital One Financial Corp.		147,105
	1,448	CIT Group, Inc.		51,042
	6,365	Citigroup, Inc.		266,677
	1,546	Deutsche Boerse AG (A)(G)		243,609
	5,804	Discover Financial Services		112,010
	1,150	Eurocastle Investment Ltd. (A)(G)		36,604
	3,600	European Capital Ltd. (J)		43,074
	1,597	Goldman Sachs Group, Inc.		395,978
	4,413	Julius Baer Holding Ltd. (A)		383,266
	152	Mastercard, Inc.		28,887
	574	MBIA, Inc.		24,716
	35,722	Shun Tak Holdings Ltd. (A)		56,396
	5,586	Standard Chartered plc (A)		217,273
	875	Uniao de Bancos Brasileiros S.A. GDR		138,269
	1,083	Wellcare Health Plans, Inc. (D)		26,197
	2,800	Wellpoint, Inc. (D)		221,844
				3,140,250
		Health Care — 7.6%
	5,930	CVS/Caremark Corp.		247,696
	6,634	Medtronic, Inc.		314,717
	1,510	Monsanto Co.		147,373
	1,787	Sanofi-Aventis S.A. (A)(G)		157,224
	2,133	Sanofi-Aventis S.A. ADR		93,873
	6,384	Schering-Plough Corp. (G)		194,849
	4,027	Teva Pharmaceutical Industries Ltd. ADR		177,224
	6,091	Wyeth		296,225
				1,629,181
		Services — 3.0%
	3,000	Cadence Design Systems, Inc. (D)		58,800
	1,811	Focus Media Holding Ltd. ADR (D)(G)		112,266
	25	Harvey Weinstein Master L.P. (A)(D)(H)		25,085
	10,500	News Corp. Class A		227,535
	17,305	Shangri-La Asia Ltd. (A)		55,227
	19,243	Sun Microsystems, Inc. (D)		109,879
	1,700	Walt Disney Co.		58,871
				647,663
		Technology — 21.0%
	3,738	Amdocs Ltd. (D)		128,594
	15,549	Applied Materials, Inc.		301,969
	4,613	AT&T, Inc.		192,761
	8,386	Cisco Systems, Inc. (D)		277,234
	1,161	Cognex Corp.		20,875
	3,523	Corning, Inc.		85,492
	10,881	General Electric Co.		447,870
	912	Google, Inc. (D)		644,996
	5,370	Hewlett-Packard Co.		277,511
	31,035	Hon Hai Precision Industry Co., Ltd. (A)		237,931
	5,689	Intel Corp.		153,029
	3,046	International Business Machines Corp. #		353,678
	2,839	LDK Solar Co., Ltd (D)(G)		112,437
	3,511	McAfee, Inc. (D)		145,163

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

­ ­  123  ­ ­

The Hartford Capital Appreciation Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	12,801	MTN Group Ltd. (A)			$	249,511
	9,912	Nortel Networks Corp. (D)				159,881
	14,309	Oracle Corp. (D)				317,219
	1,225	Qualcomm, Inc.				52,353
	3,891	Raytheon Co.				247,498
	10,812	Turkcell Iletisim Hizmetleri A.S. (A)				105,840
						4,511,842
		Transportation — 0.5%
	1,265	Burlington Northern Santa Fe Corp.				110,271
		Utilities — 1.4%
	5,171	Suntech Power Holdings Co., Ltd. ADR (D)(G)				304,532
		Total common stock (cost $15,518,987)			$	19,839,581
WARRANTS — 1.2%
		Basic Materials — 0.6%
	5,314	TATA Steel Ltd. (H)			$	122,409
		Finance — 0.6%
	1,957	Reliance Zero (D)(H)				138,527
		Total warrants (cost $137,567)			$	260,936
Principal
Amount (B)
CORPORATE BONDS: INVESTMENT GRADE — 0.1%
		Finance — 0.1%
		Augsburg Re AG
GBP	397	0.00%, 12/31/2049 (A)(H)(X)				136
		UBS Luxembourg S.A.
	23,500	6.23%, 02/11/2015				23,470
		Total corporate bonds: investment grade (cost $24,699)			$	23,606
		Total long-term investments (cost $15,681,253)			$	20,124,123
SHORT-TERM INVESTMENTS — 12.3%
		Repurchase Agreements — 7.2%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $536,341, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $546,993)
$	536,268	4.94% dated 10/31/2007			$	536,268
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $137,289, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $140,015)
	137,270	4.94% dated 10/31/2007				137,270
		Repurchase Agreements — (continued)
Principal					Market
Amount					Value (W)
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $137,289, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $140,017)
$	137,270	4.94% dated 10/31/2007			$	137,270
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $618, collateralized by U.S. Treasury Note 2.63%, 2008, value of $630)
	618	4.94% dated 10/31/2007				618
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $298,832, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $304,767)
	298,791	4.94% dated 10/31/2007				298,791
		JPMorgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $352,376, collateralized by FNMA 6.00%, 2036 — 2037, value of $359,374)
	352,326	4.94% dated 10/31/2007				352,326
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $91,526, collateralized by FNMA 6.00%, 2036 — 2037, value of $93,359)
	91,514	4.94% dated 10/31/2007				91,514
						1,554,057
Shares
		Securities Purchased with Proceeds from Security Lending — 5.1%
		Cash Collateral Reinvestment Fund:
	1,086,627	BNY Institutional Cash Reserve Fund				1,086,627
		Total short-term investments (cost $2,640,684)			$	2,640,684
		Total investments (cost $18,321,937) (C)	105.8	%	$	22,764,807
		Other assets and liabilities	(5.8	)%		(1,249,874	)
		Total net assets	100.0	%	$	21,514,933

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 33.61% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $18,322,752 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	4,928,884
Unrealized Depreciation		(486,829	)
Net Unrealized Appreciation	$	4,442,055

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

­ ­  124  ­ ­

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $3,927,538, which represents 18.25% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(J)	Securities exempt from registration under Regulation D of the Securities Act of 1933. These securities are determined to be liquid. At October 31, 2007, the market value of these securities was $43,074, which represents 0.20% of total net assets.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $4,659.
(X)	Convertible debt security.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

GBP — British Pound

(H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
6/2006		397	Augsburg Re AG, 0.00%, 12/31/2049 - 144A	$	739
6/2006		201	Augsburg Re AG - 144A		64
6/2007		36,752	Buck Holdings L.P.		36,791
10/2005		25	Harvey Weinstein Master L.P. - Reg D		23,636
5/2006 – 10/2006		1,957	Reliance Zero - 144A		48,723
7/2007 – 8/2007		5,314	TATA Steel Ltd. - 144A		88,844

The aggregate value of these securities at October 31, 2007 was $319,233 which represents 1.48% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	869,628	$	794,338		12/20/07	$	(75,290	)
Hong Kong Dollar (Buy)		4,659		4,659		11/06/07		—
Japanese Yen (Sell)		12,236		12,310		11/01/07		74
Japanese Yen (Sell)		8,801		8,844		11/02/07		43
Japanese Yen (Sell)		2,520		2,526		11/05/07		6
							$	(75,167	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Austria		0.7	%
Brazil		4.0
Canada		3.4
China		2.5
France		1.2
Germany		1.3
Hong Kong		0.5
India		0.6
Israel		0.8
Japan		1.6
Luxembourg		0.7
Russia		1.4
South Africa		1.7
Sweden		0.2
Switzerland		4.2
Taiwan		1.1
Turkey		1.9
United Kingdom		5.8
United States		59.9
Short-Term Investments		12.3
Other Assets and Liabilities		(5.8	)
Total		100.0	%

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

­ ­  125  ­ ­

The Hartford Capital Appreciation II Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 95.0%
		Basic Materials — 16.2%
	24	Agnico Eagle Mines Ltd.	$	1,371
	30	Agrium, Inc.		1,926
	125	Alcoa, Inc.		4,941
	15	Aracruz Celulose S.A. ADR (G)		1,120
	223	Arch Coal, Inc. (G)		9,149
	39	Barrick Gold Corp.		1,708
	10	BHP Billiton Ltd. ADR		845
	15,242	Bumi Resources TBK PT (A)		8,170
	306	Cameco Corp.		15,004
	55	Celanese Corp.		2,318
	247	Chemtura Corp.		2,302
	28	Companhia Siderurgica Nacional S.A. (G)		2,205
	148	Companhia Vale do Rio Doce ADR		5,578
	37	Cytec Industries, Inc.		2,455
	13	Dow Chemical Co.		581
	49	E.I. DuPont de Nemours & Co.		2,411
	33	Evraz Group S.A.		2,473
	88	First Uranium Corp. (D)		1,009
	26	FMC Corp.		1,483
	154	Freeport-McMoRan Copper & Gold, Inc.		18,143
	51	Goldcorp, Inc.		1,792
	461	Hercules, Inc.		8,668
	9	Holcim Ltd. (A)		1,003
	67	Impala Platinum Holdings Ltd. (A)		2,520
	50	Japan Steel Works Ltd. (A)		818
	325	Jarden Corp. (D)		11,539
	100	Kinross Gold Corp. (D)		1,970
	375	Lihir Gold Ltd. (A)(D)		1,487
	61	Lihir Gold Ltd. ADR		2,440
	332	Mitsubishi Rayon Co., Ltd. (A)		1,884
	21	MMX Mineracao E Metalicos S.A. (D)		9,034
	22	Outotec Oyj (A)		1,683
	455	Owens-Illinois, Inc. (D)		20,229
	367	Paladin Resources Ltd. (A)(D)		2,855
	9	Potash Corp. of Saskatchewan		1,142
	103	Rexam plc (A)		1,165
	25	Rio Tinto plc (A)		2,366
	39	Rio Tinto plc ADR		14,550
	186	Smurfit-Stone Container Corp. (D)		2,256
	45	Teck Cominco Ltd. Class B		2,244
	242	Terra Industries, Inc. (D)		8,909
	35	Thompson Creek Metals Co. Inc (D)		918
	54	TMK OAO GDR (I)		2,394
	13	United States Steel Corp.		1,362
	295	Uralkali (D)(I)		7,400
	612	Uranium One, Inc. (D)		6,800
	649	USEC, Inc. (D)(G)		5,711
	176	Vedanta Resources plc (A)		8,091
	168	Xstrata plc (A)		12,100
				230,522
		Capital Goods — 2.5%
	45	ABB Ltd. ADR		1,359
	32	Alliant Techsystems, Inc. (D)		3,488
	9	Alstom RGPT (A)		2,017
	49	Atlas Copco AB (A)		827
	14	Boeing Co.		1,361
		Capital Goods — (continued)
	14	Bucyrus International, Inc.		1,119
	4	Cummins, Inc.		490
	70	Deere & Co.		10,894
	50	Goodrich Corp.		3,511
	17	ITT Corp.		1,115
	19	Joy Global, Inc.		1,126
	63	Kennametal, Inc.		5,710
	14	National Oilwell Varco, Inc. (D)		1,025
	14	Rockwell Automation, Inc.		937
	23	Trina Solar Ltd. ADR (D)(G)		1,374
				36,353
		Consumer Cyclical — 6.4%
	76	Aker Kvaerner (A)		2,667
	65	AMEC plc (A)		1,135
	62	American Axle & Manufacturing Holdings, Inc. (G)		1,694
	109	Arcandor AG (A)(D)(G)		3,522
	752	Bosideng International Holdings Ltd. (D)		322
	1,405	Buck Holdings L.P. (A)(D)(H)		1,264
	116	Bulgari S.p.A. (A)		1,813
	1,572	China Communications Construction Co., Ltd. (A)		4,988
	352	Circuit City Stores, Inc. (G)		2,789
	72	Copart, Inc. (D)		2,756
	806	Country Garden Holdings Co. (A)(D)		1,328
	288	Dick’s Sporting Goods, Inc. (D)		9,597
	2,064	Ford Motor Co. (D)(G)		18,304
	17	Foster Wheeler Ltd. (D)		2,454
	609	Golden Eagle Retail Group Ltd. (A)		633
	159	Home Depot, Inc.		5,013
	184	Kohl’s Corp. (D)		10,098
	43	Limited Brands, Inc.		955
	326	Liz Claiborne, Inc.		9,271
	39	Macy’s, Inc.		1,242
	55	MDC Holdings, Inc.		2,224
	12	Metso Oyj (A)		709
	173	Office Depot, Inc. (D)		3,239
	215	Tesco plc (A)		2,187
	19	Tod’s S.p.A. (A)		1,605
				91,809
		Consumer Staples — 3.2%
	128	Avon Products, Inc.		5,250
	846	China Resources Enterprise (A)		3,711
	89	Cosan Ltd. (D)		1,133
	165	Cosan S.A. Industria E Comercio		2,580
	174	Dean Foods Co.		4,829
	134	Imperial Tobacco Group plc (A)		6,809
	6,119	Marine Harvest (A)(D)(G)		6,247
	22	Nestle S.A. (A)		10,245
	153	Unilever N.V. NY Shares		4,976
				45,780
		Energy — 7.0%
	27	Aegean Marine Petroleum Network		1,090
	338	Brasil EcoDiesel Industria (D)		2,120
	82	Canadian Natural Resources Ltd.		6,778

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

­ ­  126  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Energy — (continued)
	20	Canadian Natural Resources Ltd. ADR	$	1,656
	416	Chesapeake Energy Corp.		16,428
	6	Core Laboratories N.V. (D)		908
	16	EnCana Corp.		1,101
	79	Exxon Mobil Corp.		7,221
	215	Halliburton Co.		8,476
	63	Lundin Petroleum AB (A)(D)		762
	141	Newfield Exploration Co. (D)		7,597
	71	Noble Energy, Inc.		5,434
	166	OAO Gazprom ADR		8,277
	60	Petro-Canada		3,462
	52	Petroleo Brasileiro S.A. ADR (G)		4,954
	18	Sasol Ltd. ADR		920
	145	Talisman Energy, Inc.		3,161
	91	Total S.A. ADR		7,307
	14	Transocean, Inc. (D)		1,623
	42	UGI Corp.		1,113
	15	Valero Energy Corp.		1,078
	59	Weatherford International Ltd. (D)		3,855
	24	Woodside Petroleum Ltd. (A)		1,170
	59	XTO Energy, Inc.		3,930
				100,421
		Finance — 15.9%
	325	ACE Ltd.		19,722
	138	Aercap Holdings N.V. (D)		3,471
	79	Aetna, Inc.		4,426
	39	Affiliated Managers Group, Inc. (D)(G)		5,065
	361	Aircastle Ltd.		11,657
	103	Alibaba.com Ltd. (D)(Q)		179
	128	American International Group, Inc.		8,105
	156	Apollo Investment Corp. (G)		3,243
	56	Assurant, Inc.		3,273
	271	Asya Katilim Bankasi AS (A)(D)		2,325
	48	Axis Capital Holdings Ltd.		1,902
	119	Banco Bradesco S.A. (G)		4,057
	364	Bank of America Corp.		17,583
	247	Capital One Financial Corp.		16,194
	771	China Merchants Bank Co., Ltd. (A)		3,975
	124	CIT Group, Inc.		4,366
	95	Citigroup, Inc.		3,993
	19	Climate Exchange plc (A)(D)(G)		488
	4	CNinsure, Inc. (D)		91
	110	Commerce Bancorp, Inc.		4,474
	327	Countrywide Financial Corp. (G)		5,078
	47	Deutsche Boerse AG (A)		7,346
	326	E*Trade Financial Corp. (D)		3,629
	10	Eurocastle Investment Ltd. (A)		328
	55	Everest Re Group Ltd.		5,884
	879	Freedom Acquisition Holdings, Inc. (D)#		16,353
	213	Genesis Lease Ltd.		4,680
	19	Goldman Sachs Group, Inc.		4,785
	83	Hong Kong Exchanges & Clearing Ltd. (A)		2,771
	161	Julius Baer Holding Ltd. (A)		13,944
	2	Mastercard, Inc.		303
	80	MBIA, Inc. (G)		3,438
	103	MF Global Ltd. (D)		3,031
		Finance — (continued)
	116	Oaktree Capital (D)(I)		4,466
	268	PennantPark Investment Corp. (G)		3,498
	41	Platinum Underwriters Holdings Ltd.		1,480
	69	Redecard S.A. (D)		1,468
	961	Royal Bank of Scotland Group plc (A)		10,375
	9	TD Ameritrade Holding Corp. (D)		178
	95	Thornburg Mortgage, Inc. (G)		996
	135	UBS AG		7,221
	332	UniCredito Italiano S.p.A. (A)		2,855
	22	Wellcare Health Plans, Inc. (D)		542
	153	Western Union Co.		3,365
				226,603
		Health Care — 8.0%
	238	Alkermes, Inc. (D)		3,858
	126	American Oriental Bioengineering, Inc. (D)(G)		1,738
	80	Amgen, Inc. (D)		4,643
	55	Amylin Pharmaceuticals, Inc. (D)(G)		2,458
	42	Astellas Pharma, Inc. (A)		1,878
	183	Bristol-Myers Squibb Co.		5,491
	71	Cie Generale d’Optique Essilor International S.A. (A)(D)		4,536
	74	Cooper Co., Inc.		3,108
	187	CVS/Caremark Corp.		7,793
	50	Eli Lilly & Co.		2,680
	279	HealthSouth Corp. (D)(G)		5,603
	644	Hengan International Group Co., Ltd. (A)		2,512
	221	Impax Laboratories, Inc. (D)		2,373
	77	McKesson Corp.		5,076
	28	Medtronic, Inc.		1,319
	85	MGI Pharma, Inc. (D)		2,769
	69	Mindray Medical International Ltd.		2,757
	15	Monsanto Co.		1,450
	57	Sanofi-Aventis S.A. (A)		4,982
	223	Sanofi-Aventis S.A. ADR		9,810
	800	Schering-Plough Corp.		24,404
	26	Teva Pharmaceutical Industries Ltd. ADR		1,134
	240	Wyeth		11,686
				114,058
		Services — 7.0%
	200	Allied Waste Industries, Inc. (D)		2,522
	179	Avis Budget Group, Inc. (D)		3,740
	419	BearingPoint, Inc. (D)		2,008
	95	CACI International, Inc. Class A (D)		5,110
	397	Cadence Design Systems, Inc. (D)		7,787
	257	Comcast Corp. Class A (D)		5,416
	559	Comcast Corp. Special Class A (D)		11,672
	73	Entercom Communications Corp.		1,350
	8	Fluor Corp.		1,272
	334	Focus Media Holding Ltd. ADR (D)(G)		20,679
	76	News Corp. Class A		1,638
	291	Nice Systems Ltd. (D)		11,486
	94	R.H. Donnelley Corp. (D)		5,176
	969	Shangri-La Asia Ltd. (A)		3,091
	80	United Parcel Service, Inc. Class B		6,016
	266	Viacom, Inc. Class B (D)		10,963
				99,926

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

­ ­  127  ­ ­

The Hartford Capital Appreciation II Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Technology — 24.2%
	457	Activision, Inc. (D)#	$	10,817
	292	Adobe Systems, Inc. (D)		13,963
	66	Apple, Inc. (D)		12,518
	93	Arrow Electronics, Inc. (D)		3,734
	98	ASML Holding N.V. (A)		3,401
	3	ASML Holding N.V. NY Shares		100
	67	Canon, Inc. (A)		3,385
	298	China Railway Logistics Ltd. (A)(D)		323
	300	Cinram International Income Fund		4,162
	547	Cisco Systems, Inc. (D)		18,084
	189	Corning, Inc.		4,577
	80	Ctrip.com International Ltd.		4,498
	52	Danaher Corp.		4,481
	231	Electronic Arts, Inc. (D)		14,125
	5	Embarq Corp.		250
	114	Equinix, Inc. (D)		13,334
	137	Fairchild Semiconductor International, Inc. (D)		2,508
	386	Flextronics International Ltd. (D)		4,745
	378	Fossil, Inc. (D)		14,186
	81	General Electric Co.		3,338
	54	Google, Inc. (D)		38,196
	173	Hologic, Inc. (D)(G)		11,738
	102	Intel Corp.		2,744
	283	Interactive Data Corp.		9,080
	55	International Business Machines Corp.		6,363
	351	JDS Uniphase Corp. (D)(G)		5,362
	113	Koninklijke Philips Electronics N.V. (A)(G)		4,684
	176	Lam Research Corp. (D)		8,845
	58	LDK Solar Co., Ltd (D)(G)		2,301
	27	MEMC Electronic Materials, Inc. (D)		1,988
	200	Microsoft Corp.		7,358
	194	Mitsubishi Electric Corp. (A)		2,365
	85	MTN Group Ltd. (A)		1,649
	189	Nokia Oyj (A)		7,514
	242	Nortel Networks Corp. (D)		3,910
	644	Oracle Corp. (D)		14,282
	65	Orascom Telecom Holding SAE GDR		4,675
	552	Qualcomm, Inc.		23,595
	20	Raytheon Co.		1,298
	17	Research In Motion Ltd. (D)		2,117
	107	Seagate Technology		2,979
	59	Solar Cayman Ltd. (A)(D)(H)		796
	458	Sonus Networks, Inc. (D)(G)		3,159
	528	Sprint Nextel Corp.		9,033
	282	Symantec Corp. (D)		5,290
	489	Telefonaktiebolaget LM Ericsson (A)		1,463
	171	Telefonaktiebolaget LM Ericsson ADR		5,127
	145	Turkcell Iletisim Hizmetleri ADR		3,491
	256	VeriFone Holdings, Inc. (D)(G)		12,629
	164	Virgin Media, Inc.		3,615
	12	Zoltek Companies, Inc. (D)(G)		544
				344,719
		Transportation — 2.1%
	288	All America Latina Logistica S.A.		4,555
	14	Burlington Northern Santa Fe Corp.		1,220
	58	Frontline LTD (A)(G)		2,623
		Transportation — (continued)
	92	Grupo Aeroportuario Del ADR		2,806
	57	Navios Maritime Holdings, Inc.		1,037
	645	Northwest Airlines Corp. (D)		11,967
	94	UAL Corp. (D)(G)		4,483
	30	US Airways Group, Inc. (D)(J)		838
				29,529
		Utilities — 2.5%
	21	E.On AG (A)		4,020
	35	Exelon Corp.		2,881
	126	Sunpower Corp. (D)(G)		15,946
	207	Suntech Power Holdings Co., Ltd. ADR (D)(G)		12,172
				35,019
		Total common stock (cost $1,191,521)	$	1,354,739
WARRANTS — 0.1%
		Basic Materials — 0.1%
	60	TATA Steel Ltd. (H)	$	1,371
		Services — 0.0%
	188	Thorium Power Pipe (A)(H)		—
		Total warrants (cost $1,007)	$	1,371
PREFERRED STOCK — 0.1%
		Finance — 0.1%
	86	Thornburg Mortgage, Inc. (X)	$	2,098
		Total preferred stock (cost $2,177)	$	2,098
Contracts
CALL OPTIONS PURCHASED — 0.1%
		Long Call Index Option Contract — 0.1%
		PHLX Gold/Silver Index Call
	1	Expiration: December, 2007, Exercise Price: $150.00	$	2,078
		Total call options purchased (cost $844)	$	2,078
		Total long-term investments (cost $1,195,549)	$	1,360,286
Principal
Amount
SHORT-TERM INVESTMENTS — 12.5%
		Repurchase Agreements — 3.9%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $19,287, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $19,670)
$	19,285	4.94% dated 10/31/2007	$	19,285

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

­ ­  128  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $4,937, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $5,035)
$	4,936	4.94% dated 10/31/2007			$	4,936
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $4,937, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $5,035)
	4,936	4.94% dated 10/31/2007				4,936
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $22, collateralized by U.S. Treasury Note 2.63%, 2008, value of $23)
	22	4.94% dated 10/31/2007				22
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $10,746, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $10,960)
	10,745	4.94% dated 10/31/2007				10,745
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $12,672, collateralized by FNMA 6.00%, 2036 — 2037, value of $12,923)
	12,670	4.94% dated 10/31/2007				12,670
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,291, collateralized by FNMA 6.00%, 2036 — 2037, value of $3,357)
	3,291	4.94% dated 10/31/2007				3,291
						55,885
Shares
		Securities Purchased with Proceeds from Security Lending — 8.6%
		Cash Collateral Reinvestment Fund:
	121,810	BNY Institutional Cash Reserve Fund				121,810
		Total short-term investments (cost $177,695)			$	177,695
		Total investments (cost $1,373,244) (C)	107.8	%	$	1,537,981
		Other assets and liabilities	(7.8	)%		(111,291	)
		Total net assets	100.0	%	$	1,426,690

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 30.84% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $1,377,835 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	202,857
Unrealized Depreciation		(42,711	)
Net Unrealized Appreciation	$	160,146

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $191,410, which represents 13.42% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $14,260, which represents 1.00% of total net assets.
(J)	Securities exempt from registration under Regulation D of the Securities Act of 1933. These securities are determined to be liquid. At October 31, 2007, the market value of these securities was $838, which represents 0.06% of total net assets.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $181.
(X)	Convertible security.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.

Period
Acquired	Shares		Security	Cost Basis
6/2007		1,405	Buck Holdings L.P.	$	1,406
3/2007		59	Solar Cayman Ltd.		878
7/2007 – 8/2007		60	TATA Steel Ltd. - 144A		991
4/2006		188	Thorium Power Pipe		16

The aggregate value of these securities at October 31, 2007 was $3,431 which represents 0.24% of total net assets.

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

­ ­  129  ­ ­

The Hartford Capital Appreciation II Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Buy)	$	79	$	78		11/01/07	$	1
Canadian Dollar (Buy)		331		328		11/01/07		3
Canadian Dollar (Buy)		450		446		11/02/07		4
Canadian Dollar (Buy)		958		960		11/05/07		(2	)
Euro (Buy)		503		501		11/02/07		2
Euro (Sell)		98		98		11/02/07		—
Euro (Sell)		397		397		11/05/07		—
Hong Kong Dollar (Buy)		549		549		11/01/07		—
Hong Kong Dollar (Buy)		181		181		11/06/07		—
Japanese Yen (Buy)		27		27		11/01/07		—
Japanese Yen (Sell)		100		101		11/01/07		1
Japanese Yen (Buy)		173		174		11/02/07		(1	)
Japanese Yen (Sell)		79		79		11/02/07		—
Japanese Yen (Sell)		20		20		11/05/07		—
Norwegian Krone (Buy)		87		88		11/01/07		(1	)
Norwegian Krone (Buy)		96		96		11/02/07		—
Norwegian Krone (Sell)		362		363		11/02/07		1
Norwegian Krone (Buy)		335		335		11/05/07		—
Swedish Krona (Sell)		462		460		11/01/07		(2	)
							$	6

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Australia		0.3	%
Bermuda		0.0
Brazil		2.7
Canada		4.4
China		3.8
Egypt		0.3
Finland		0.7
France		2.0
Germany		1.1
Greece		0.1
Hong Kong		0.9
Indonesia		0.6
Ireland		0.3
Israel		0.9
Italy		0.4
Japan		0.7
Luxembourg		0.3
Mexico		0.2
Netherlands		1.2
Norway		0.6
Papua New Guinea		0.1
Russia		1.3
South Africa		0.4
Sweden		0.6
Switzerland		2.4
Turkey		0.4
United Kingdom		4.2
United States		64.4
Short-Term Investments		12.5
Other Assets and Liabilities		(7.8	)
Total		100.0	%

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

­ ­  130  ­ ­

The Hartford Checks and Balances Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 96.4%
EQUITY FUNDS — 64.3%
	1,616	The Hartford Capital Appreciation Fund, Class Y			$	79,563
	3,399	The Hartford Dividend and Growth Fund, Class Y				79,563
		Total equity funds (cost $151,549)			$	159,126
FIXED INCOME FUNDS — 32.1%
	7,453	The Hartford Total Return Bond Fund, Class Y			$	79,299
		Total fixed income funds (cost $78,731)			$	79,299
		Total investments in affiliated investment companies (cost $230,280) (C)	96.4	%	$	238,425
		Other assets and liabilities	3.6	%		9,002
		Total net assets	100.0	%	$	247,427

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $230,280 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	8,145
Unrealized Depreciation		—
Net Unrealized Appreciation	$	8,145

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  131  ­ ­

The Hartford Conservative Allocation Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.7%
EQUITY FUNDS — 40.4%
	519	The Hartford Capital Appreciation Fund, Class Y			$	25,542
	754	The Hartford Disciplined Equity Fund, Class Y				11,629
	907	The Hartford Equity Income Fund, Class Y				13,815
	306	The Hartford Global Growth Fund, Class Y				8,001
	210	The Hartford International Opportunities Fund, Class Y				4,728
	239	The Hartford International Small Company Fund, Class Y				4,365
	256	The Hartford Select MidCap Value Fund, Class Y				3,130
	396	The Hartford Select SmallCap Value Fund, Class Y				4,677
	186	The Hartford Value Opportunities Fund, Class Y				3,483
		Total equity funds (cost $67,089)			$	79,370
FIXED INCOME FUNDS — 59.3%
	1,193	The Hartford Floating Rate Fund, Class Y			$	11,665
	2,691	The Hartford Income Fund, Class Y				27,237
	2,000	The Hartford Inflation Plus Fund, Class Y				21,383
	3,095	The Hartford Short Duration Fund, Class Y				30,365
	121	The Hartford Strategic Income Fund, Class Y				1,183
	2,316	The Hartford Total Return Bond Fund, Class Y				24,641
		Total fixed income funds (cost $117,572)			$	116,474
		Total investments in affiliated investment companies (cost $184,661) (C)	99.7	%	$	195,844
		Other assets and liabilities	0.3	%		626
		Total net assets	100.0	%	$	196,470

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $185,091 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	12,055
Unrealized Depreciation		(1,302	)
Net Unrealized Appreciation	$	10,753

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  132  ­ ­

The Hartford Disciplined Equity Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.5%
		Basic Materials — 2.5%
	57	Church & Dwight Co., Inc.	$	2,705
	9	Freeport-McMoRan Copper & Gold, Inc.		1,035
	43	Kimberly-Clark Corp.		3,048
	43	Owens-Illinois, Inc. (D)		1,906
				8,694
		Capital Goods — 3.6%
	4	Eaton Corp.		324
	24	Northrop Grumman Corp.		1,982
	83	Parker-Hannifin Corp.		6,642
	199	Xerox Corp. (D)		3,464
				12,412
		Consumer Cyclical — 8.4%
	31	Abercrombie & Fitch Co. Class A		2,432
	78	Altria Group, Inc.		5,696
	48	BJ’s Wholesale Club, Inc. (D)		1,726
	26	Costco Wholesale Corp.		1,749
	47	Kohl’s Corp. (D)(U)		2,556
	106	Kroger Co.		3,115
	91	Lowe’s Cos., Inc.		2,452
	34	Mosaic Co. (D)		2,394
	73	Newell Rubbermaid, Inc.		2,117
	73	NIKE, Inc. Class B		4,804
				29,041
		Consumer Staples — 3.1%
	47	PepsiCo, Inc.		3,428
	114	Reynolds American, Inc. (G)		7,371
				10,799
		Energy — 10.5%
	42	Chevron Corp.		3,825
	118	ConocoPhillips Holding Co.		10,042
	66	Exxon Mobil Corp.		6,035
	13	Marathon Oil Corp.		792
	129	Occidental Petroleum Corp.		8,935
	93	Valero Energy Corp.		6,546
				36,175
		Finance — 23.2%
	117	ACE Ltd.		7,061
	32	Aetna, Inc.		1,769
	81	Allied World Assurance Holdings Ltd.		3,890
	122	Assurant, Inc.		7,106
	104	Axis Capital Holdings Ltd.		4,145
	197	Bank of America Corp.		9,531
	16	Blackrock, Inc. (G)		3,332
	16	Capital One Financial Corp.		1,030
	124	Citigroup, Inc.		5,206
	68	Everest Re Group Ltd.		7,266
	40	Goldman Sachs Group, Inc.		9,991
	59	Reinsurance Group of America, Inc.		3,377
	17	Ryder System, Inc.		818
	36	Travelers Cos., Inc.		1,890
	135	UnitedHealth Group, Inc.		6,616
	88	Wellpoint, Inc. (D)		6,964
				79,992
		Health Care — 12.9%
	62	Amylin Pharmaceuticals, Inc. (D)(G)		2,773
	282	Bristol-Myers Squibb Co.		8,442
	42	Cephalon, Inc. (D)(G)		3,090
		Health Care — (continued)
	29	Coventry Health Care, Inc. (D)		1,749
	113	Eli Lilly & Co.		6,130
	135	Forest Laboratories, Inc. (D)		5,263
	35	Gilead Sciences, Inc. (D)		1,607
	8	LifePoint Hospitals, Inc. (D)		244
	103	McKesson Corp.		6,828
	248	Schering-Plough Corp.		7,575
	18	Wyeth		856
				44,557
		Services — 5.3%
	77	Accenture Ltd. Class A		2,995
	23	Apollo Group, Inc. Class A (D)		1,783
	87	Autodesk, Inc. (D)		4,250
	5	ITT Educational Services, Inc. (D)		661
	39	Manpower, Inc.		2,945
	166	Walt Disney Co.		5,745
				18,379
		Technology — 22.8%
	11	Apple, Inc. (D)		1,994
	167	Applied Materials, Inc.		3,249
	251	AT&T, Inc.		10,473
	53	CenturyTel, Inc.		2,326
	45	Danaher Corp.		3,864
	8	Dover Corp.		386
	18	Embarq Corp. (G)		931
	201	Hewlett-Packard Co.		10,408
	61	International Business Machines Corp. (U)		7,130
	69	KLA-Tencor Corp.		3,654
	118	Lam Research Corp. (D)(G)		5,904
	63	Lockheed Martin Corp.		6,955
	198	Microsoft Corp.		7,299
	336	Oracle Corp. (D)		7,454
	84	Qualcomm, Inc.		3,576
	119	Symantec Corp. (D)		2,237
	7	Whirlpool Corp. (G)		531
				78,371
		Transportation — 0.3%
	10	General Dynamics Corp.		946
		Utilities — 4.9%
	75	Duke Energy Corp.		1,441
	42	Entergy Corp.		4,975
	23	Exelon Corp.		1,904
	31	FirstEnergy Corp.		2,182
	55	FPL Group, Inc.		3,777
	34	NRG Energy, Inc. (D)		1,534
	12	Public Service Enterprise Group, Inc.		1,109
				16,922
		Total common stock (cost $288,302)	$	336,288

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

­ ­  133  ­ ­

The Hartford Disciplined Equity Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 10.0%
		Repurchase Agreements — 2.4%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,897, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $2,955)
$	2,897	4.94% dated 10/31/2007				2,897
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $742, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $756)
	741	4.94% dated 10/31/2007				741
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $742, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $756)
	742	4.94% dated 10/31/2007				742
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3, collateralized by U.S. Treasury Note 2.63%, 2008, value of $3)
	3	4.94% dated 10/31/2007				3
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,614, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $1,646)
	1,614	4.94% dated 10/31/2007				1,614
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,903, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,941)
	1,903	4.94% dated 10/31/2007				1,903
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $494, collateralized by FNMA 6.00%, 2036 — 2037, value of $504)
	494	4.94% dated 10/31/2007				494
						8,394
Shares
		Securities Purchased with Proceeds from Security Lending — 7.5%
		Cash Collateral Reinvestment Fund:
	25,759	BNY Institutional Cash Reserve Fund			$	25,759
Principal
Amount
		U.S. Treasury Bills — 0.1%
$	300	3.96%, 01/24/2008 (S)				298
		Total short-term investments (cost $34,451)			$	34,451
		Total investments (cost $322,753) (C)	107.5	%	$	370,739
		Other assets and liabilities	(7.5	)%		(25,991	)
		Total net assets	100.0	%	$	344,748

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $322,952 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	51,896
Unrealized Depreciation		(4,109	)
Net Unrealized Appreciation	$	47,787

(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.
	Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
S&P 500 Index		33		Long		Dec, 2007	$	37

	* The number of contracts does not omit 000’s.
(U)	At October 31, 2007, securities valued at $1,299 were designated to cover open call options written as follows (see Note 2b to accompanying Notes to Financial Statements):

	Number of		Exercise		Exercise		Market		Premiums
Issuer	Contracts*		Price		Date		Value (W)		Received
IBM Corp		58	$	125.00		Nov, 2007	$	1	$	12
Kohl’s Corp		82		70.00		Nov, 2007		—		7
							$	1	$	19

* The number of contracts does not omit 000’s.

At October 31, 2007, cash of $1,174 was designated to cover open put options written as follows (see Note 2 to accompanying Notes to Financial Statements):

	Number of		Exercise		Exercise		Market		Premiums
Issuer	Contracts*		Price		Date		Value (W)		Received
Marathon Oil		29	$	55.00		Nov, 2007	$	2	$	3

	* The number of contracts does not omit 000’s.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  134  ­ ­

The Hartford Dividend and Growth Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.6%
		Basic Materials — 7.9%
	111	AbitibiBowater, Inc. (G)	$	3,786
	703	Agrium, Inc.		44,690
	895	Alcoa, Inc.		35,417
	420	Companhia Vale do Rio Doce ADR (G)		15,844
	1,431	E.I. DuPont de Nemours & Co. (G)		70,842
	1,023	International Paper Co. (G)		37,806
	379	Kimberly-Clark Corp.		26,832
	513	Newmont Mining Corp.		26,101
	685	Pentair, Inc. (G)		24,232
	373	Rhodia S.A. (D)(G)		14,343
	687	Rohm & Haas Co. (G)		35,642
				335,535
		Capital Goods — 4.1%
	223	3M Co.		19,215
	83	Caterpillar, Inc. (G)		6,208
	520	Deere & Co.		80,548
	242	Illinois Tool Works, Inc.		13,840
	109	Parker-Hannifin Corp.		8,796
	585	Spirit Aerosystems Holdings, Inc. (D)		20,294
	1,495	Xerox Corp. (D)		26,078
				174,979
		Consumer Cyclical — 7.5%
	740	Altria Group, Inc.		53,961
	477	Avery Dennison Corp. (G)		27,601
	542	Home Depot, Inc.		17,088
	1,000	Honda Motor Co., Ltd. ADR		37,434
	755	McDonald’s Corp.		45,073
	1,188	Staples, Inc.		27,716
	1,113	Sysco Corp. (G)		38,158
	1,629	Wal-Mart Stores, Inc.		73,652
				320,683
		Consumer Staples — 6.4%
	244	Bunge Ltd. Finance Corp. (G)		28,049
	382	Coca-Cola Co.		23,580
	315	Hormel Foods Corp.		11,506
	452	Nestle S.A. ADR		52,182
	817	PepsiCo, Inc.		60,251
	1,067	Procter & Gamble Co.		74,145
	677	Tyson Foods, Inc. Class A		10,690
	363	Unilever N.V. NY Shares		11,792
				272,195
		Energy — 17.4%
	798	Anadarko Petroleum Corp. (G)		47,122
	1,752	Chevron Corp.		160,362
	951	ConocoPhillips Holding Co.		80,831
	900	EnCana Corp.		62,744
	1,672	Exxon Mobil Corp.		153,837
	485	Royal Dutch Shell plc		42,442
	366	Schlumberger Ltd.		35,354
	1,311	Total S.A. ADR (G)		105,680
	761	XTO Energy, Inc.		50,522
				738,894
		Finance — 15.2%
	600	ACE Ltd.		36,372
	797	Allstate Corp.		41,758
	866	American International Group, Inc.		54,662
	2,203	Bank of America Corp.		106,372
	121	Capital One Financial Corp.		7,910
	1,926	Citigroup, Inc.		80,691
	384	Federal Home Loan Mortgage Corp. (G)		20,051
	508	ING Groep N.V. ADR		22,864
	311	Lincoln National Corp.		19,403
	502	MBIA, Inc. (G)		21,617
	318	Merrill Lynch & Co., Inc.		21,021
	345	PNC Financial Services Group, Inc.		24,910
	256	Prudential Financial, Inc.		24,712
	722	State Street Corp.		57,602
	662	Synovus Financial Corp. (G)		17,445
	1,042	UBS AG		55,923
	698	Wachovia Corp.		31,906
				645,219
		Health Care — 10.8%
	1,369	Abbott Laboratories		74,780
	448	AstraZeneca plc ADR (G)		22,012
	1,504	Bristol-Myers Squibb Co.		45,090
	1,495	Eli Lilly & Co.		80,954
	1,173	Medtronic, Inc.		55,633
	749	Sanofi-Aventis S.A. ADR		32,950
	2,557	Schering-Plough Corp. (G)		78,043
	477	Teva Pharmaceutical Industries Ltd. ADR		20,993
	163	Walgreen Co.		6,467
	906	Wyeth		44,039
				460,961
		Services — 6.7%
	713	Accenture Ltd. Class A		27,854
	667	Automatic Data Processing, Inc.		33,042
	586	CBS Corp. Class B (G)		16,814
	1,478	Comcast Corp. Class A (D)(G)		31,103
	761	Comcast Corp. Special Class A (D)(G)		15,890
	755	New York Times Co. Class A (G)		14,772
	1,560	Time Warner, Inc.		28,487
	549	United Parcel Service, Inc. Class B		41,237
	725	Viacom, Inc. Class B (D)		29,942
	1,265	Waste Management, Inc.		46,022
				285,163
		Technology — 14.2%
	1,453	Applied Materials, Inc.		28,223
	860	ASML Holding N.V. (G)		30,047
	4,279	AT&T, Inc.		178,802
	2,619	General Electric Co.		107,798
	322	Intel Corp.		8,654
	927	International Business Machines Corp.		107,666
	341	Lockheed Martin Corp.		37,568
	1,176	Maxim Integrated Products, Inc.		31,875
	708	Microsoft Corp.		26,051
	1,043	Verizon Communications, Inc.		48,071
				604,755

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

­ ­  135  ­ ­

The Hartford Dividend and Growth Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Transportation — 0.9%
	331	Royal Caribbean Cruises Ltd.			$	14,202
	1,592	Southwest Airlines Co. (G)				22,628
						36,830
		Utilities — 5.5%
	576	Dominion Resources, Inc.				52,770
	1,018	Exelon Corp.				84,268
	915	FPL Group, Inc.				62,611
	298	Progress Energy, Inc. (G)				14,313
	234	Veolia Environment ADR (G)				21,015
						234,977
		Total common stock (cost $3,200,406)			$	4,110,191
Principal
Amount
SHORT-TERM INVESTMENTS — 11.0%
		Repurchase Agreements — 3.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $48,654, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $49,620)
$	48,647	4.94% dated 10/31/2007			$	48,647
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $12,454, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $12,701)
	12,452	4.94% dated 10/31/2007				12,452
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $12,454, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $12,702)
	12,452	4.94% dated 10/31/2007				12,452
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $56, collateralized by U.S. Treasury Note 2.63%, 2008, value of $57)
	56	4.94% dated 10/31/2007				56
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $27,108, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $27,647)
	27,105	4.94% dated 10/31/2007				27,105
		Repurchase Agreements — (continued)
Principal					Market
Amount					Value (W)
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $31,965, collateralized by FNMA 6.00%, 2036 — 2037, value of $32,600)
	31,961	4.94% dated 10/31/2007			$	31,961
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $8,303, collateralized by FNMA 6.00%, 2036 — 2037, value of $8,469)
	8,302	4.94% dated 10/31/2007				8,302
						140,975
Shares
		Securities Purchased with Proceeds from Security Lending — 7.7%
		Cash Collateral Reinvestment Fund:
	327,770	BNY Institutional Cash Reserve Fund				327,770
		Total short-term investments (cost $468,745)			$	468,745
		Total investments (cost $3,669,151) (C)	107.6	%	$	4,578,936
		Other assets and liabilities	(7.6	)%		(321,783	)
		Total net assets	100.0	%	$	4,257,153

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 13.93% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $3,671,811 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	961,080
Unrealized Depreciation		(53,955	)
Net Unrealized Appreciation	$	907,125

(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  136  ­ ­

The Hartford Equity Growth Allocation Fund (formerly The Hartford Aggressive Growth Allocation Fund)

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.9%
EQUITY FUNDS — 99.9%
	1,421	The Hartford Capital Appreciation Fund, Class Y			$	69,979
	1,428	The Hartford Disciplined Equity Fund, Class Y				22,038
	89	The Hartford Dividend and Growth Fund, Class Y				2,095
	794	The Hartford Equity Income Fund, Class Y				12,093
	881	The Hartford Global Growth Fund, Class Y				23,076
	517	The Hartford Growth Opportunities Fund, Class Y				20,404
	848	The Hartford International Opportunities Fund, Class Y				19,056
	963	The Hartford International Small Company Fund, Class Y				17,591
	1,111	The Hartford Select MidCap Value Fund, Class Y				13,568
	1,827	The Hartford Select SmallCap Value Fund, Class Y				21,560
	728	The Hartford Small Company Fund, Class Y				18,932
	37	The Hartford Stock Fund, Class Y				937
	3,911	The Hartford Value Fund, Class Y				55,100
		Total investments in affiliated investment companies (cost $245,377) (C)	99.9	%	$	296,429
		Other assets and liabilities	0.1	%		289
		Total net assets	100.0	%	$	296,718

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $245,377 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	51,440
Unrealized Depreciation		(388	)
Net Unrealized Appreciation	$	51,052

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  137  ­ ­

The Hartford Equity Income Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.7%
		Basic Materials — 7.4%
	147	Air Products and Chemicals, Inc.	$	14,403
	122	Alcoa, Inc. (G)		4,830
	454	Dow Chemical Co.		20,449
	221	E.I. DuPont de Nemours & Co.		10,951
	93	International Paper Co.		3,445
	172	Kimberly-Clark Corp.		12,181
	116	PPG Industries, Inc.		8,680
				74,939
		Capital Goods — 4.3%
	109	3M Co.		9,379
	290	American Standard Cos., Inc.		10,797
	69	Deere & Co.		10,611
	313	Pitney Bowes, Inc.		12,532
				43,319
		Consumer Cyclical — 3.3%
	350	Altria Group, Inc.		25,533
	134	McDonald’s Corp.		8,006
				33,539
		Consumer Staples — 7.4%
	136	Colgate-Palmolive Co.		10,342
	366	ConAgra Foods, Inc.		8,688
	97	Diageo plc ADR		8,891
	216	General Mills, Inc.		12,471
	252	Kellogg Co. (G)		13,301
	242	Kraft Foods, Inc.		8,097
	176	PepsiCo, Inc.		12,975
				74,765
		Energy — 16.0%
	542	Chevron Corp.		49,635
	529	ConocoPhillips Holding Co.		44,941
	537	Exxon Mobil Corp.		49,437
	94	Royal Dutch Shell plc ADR		8,195
	125	Total S.A. ADR		10,076
				162,284
		Finance — 24.5%
	177	ACE Ltd.		10,741
	196	Allstate Corp.		10,249
	833	Bank of America Corp.		40,214
	234	Bank of New York Mellon Corp.		11,414
	301	Chubb Corp.		16,078
	545	Citigroup, Inc.		22,819
	617	Host Hotels & Resorts, Inc.		13,679
	410	JP Morgan Chase & Co.		19,289
	209	Lloyd’s TSB Group plc ADR (G)		9,533
	262	PNC Financial Services Group, Inc.		18,922
	407	UBS AG		21,841
	801	US Bancorp		26,563
	290	Wachovia Corp.		13,269
	420	Wells Fargo & Co.		14,284
				248,895
		Health Care — 7.4%
	245	Abbott Laboratories		13,354
	220	Baxter International, Inc.		13,194
	323	Bristol-Myers Squibb Co.		9,699
	158	Eli Lilly & Co.		8,561
	169	GlaxoSmithKline plc ADR		8,646
	445	Wyeth		21,658
				75,112
		Services — 1.7%
	209	R.R. Donnelley & Sons Co.		8,416
	247	Waste Management, Inc.		8,996
				17,412
		Technology — 15.3%
	1,193	AT&T, Inc.		49,850
	249	Chunghwa Telecom Co., Ltd. ADR		4,772
	1,242	General Electric Co.		51,125
	550	Intel Corp.		14,784
	276	Nokia Corp.		10,943
	521	Verizon Communications, Inc.		24,015
				155,489
		Utilities — 10.4%
	224	American Electric Power Co., Inc.		10,794
	182	Consolidated Edison, Inc. (G)		8,566
	131	Dominion Resources, Inc.		12,003
	103	Entergy Corp.		12,346
	229	Exelon Corp.		18,990
	437	FPL Group, Inc.		29,909
	145	SCANA Corp.		5,882
	203	Southern Co.		7,457
				105,947
		Total common stock (cost $831,363)	$	991,701
Principal
Amount
SHORT-TERM INVESTMENTS — 4.7%
		Repurchase Agreements — 1.9%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $6,686, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $6,819)
$	6,685	4.94% dated 10/31/2007	$	6,685
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,711, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $1,745)
	1,711	4.94% dated 10/31/2007		1,711

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

­ ­  138  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,711, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $1,745)
$	1,711	4.94% dated 10/31/2007			$	1,711
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $8, collateralized by U.S. Treasury Note 2.63%, 2008, value of $8)
	8	4.94% dated 10/31/2007				8
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,725, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $3,799)
	3,724	4.94% dated 10/31/2007				3,724
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $4,393, collateralized by FNMA 6.00%, 2036 — 2037, value of $4,480)
	4,392	4.94% dated 10/31/2007				4,392
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,141, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,164)
	1,141	4.94% dated 10/31/2007				1,141
						19,372
Shares
		Securities Purchased with Proceeds from Security Lending — 2.8%
		Cash Collateral Reinvestment Fund:
	28,734	BNY Institutional Cash Reserve Fund				28,734
		Total short-term investments (cost $48,106)			$	48,106
		Total investments (cost $879,469) (C)	102.4	%	$	1,039,807
		Other assets and liabilities	(2.4	)%		(24,502	)
		Total net assets	100.0	%	$	1,015,305

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 8.16% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $879,531 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	171,216
Unrealized Depreciation		(10,940	)
Net Unrealized Appreciation	$	160,276

(G)	Security is partially on loan at October 31, 2007.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  139  ­ ­

The Hartford Floating Rate Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 0.7%
		Finance — 0.7%
		Bayview Financial Acquisition Trust
$	2,600	6.97%, 05/28/2037 (H)(L)	$	1,560
		CS First Boston Mortgage Securities Corp.
	967	6.79%, 11/15/2019 (H)(L)		966
	1,800	7.04%, 11/15/2019 (H)(L)		1,796
		Goldman Sachs Mortgage Securities Corp.
	17,322	6.82%, 02/01/2008 (H)(L)		17,235
		Helios Finance L.P.
	5,000	7.85%, 10/20/2014 (H)(L)		4,896
		Structured Asset Securities Corp.
	4,453	7.37%, 02/25/2037 (H)(L)		2,927
		Wells Fargo Home Equity Trust
	4,363	7.12%, 03/25/2037 (H)(L)		2,229
		Total asset & commercial mortgage backed securities (cost $36,205)	$	31,609
CORPORATE BONDS: NON-INVESTMENT GRADE — 2.0%
		Basic Materials — 0.5%
		Bowater, Inc.
$	5,000	8.69%, 03/15/2010 (L)	$	4,575
		Hexion Specialty Chemicals
	2,000	10.06%, 11/15/2014 (L)		2,070
		Norske Skog Canada Ltd.
	7,750	8.63%, 06/15/2011 #		6,123
		Nova Chemicals Corp.
	10,445	8.48%, 11/15/2013 (L)#		10,262
				23,030
		Consumer Cyclical — 0.3%
		Aramark Corp.
	2,000	8.86%, 02/01/2015 (L)		2,010
		AutoNation, Inc.
	4,600	7.24%, 04/15/2013 (L)		4,496
		Builders FirstSource, Inc.
	5,050	9.81%, 02/15/2012 (L)		4,747
		Masonite International Corp.
	4,000	11.00%, 04/06/2015 #		3,400
				14,653
		Finance — 0.3%
		Ford Motor Credit Co.
	11,000	7.99%, 01/13/2012 (L)		10,184
		United Rentals North America, Inc.
	2,000	7.00%, 02/15/2014		2,120
				12,304
		Services — 0.1%
		Cablevision Systems Corp.
	2,000	9.64%, 04/01/2009 (L)		2,055
		Technology — 0.8%
		Centennial Communications Corp.
	3,865	10.98%, 01/01/2013 (L)		3,981
		Freescale Semiconductor, Inc.
	2,000	9.57%, 12/15/2014 (L)		1,837
		General Cable Corp.
	8,905	7.61%, 04/01/2015 (L)		8,794
		Intelsat Bermuda Ltd.
	4,000	8.89%, 01/15/2015 (L)		4,060
		Level 3 Financing, Inc.
	2,000	9.15%, 02/15/2015 (L)		1,805
		Technology — (continued)
Principal			Market
Amount (B)			Value (W)
		Nortel Networks Ltd.
	9,350	9.49%, 07/15/2011 (I)(L)		9,233
		NXP B.V./NXP Funding LLC
	8,385	7.99%, 10/15/2013 (L)		7,945
				37,655
		Utilities — 0.0%
		Calpine Generating Co. LLC
	30	9.07%, 04/01/2009 (H)(L)		1
		Total corporate bonds: non-investment grade (cost $92,828)	$	89,698
SENIOR FLOATING RATE INTERESTS: INVESTMENT GRADE (V) — 0.3%
		Finance — 0.3%
		Residential Capital Corp.
$	16,500	6.61%, 07/28/2008 (N)	$	14,575
		Total senior floating rate interests:
		investment grade (cost $16,467)	$	14,575
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 93.8%
		Basic Materials — 10.7%
		Arizona Chemical Co.
$	6,965	7.54%, 02/27/2013 (N)	$	6,660
	8,250	11.01%, 02/27/2014 (N)		7,384
		Berry Plastics Holding Co.
	26,109	7.36%, 04/03/2015 (N)		25,358
		Blount, Inc.
	4,912	7.40%, 06/09/2010 (N)#		4,802
		Boise Cascade LLC
	10,933	6.49%, 05/01/2014 (N)		10,830
	2,005	6.72%, 05/01/2014 (N)		1,990
		Brenntag Group
	2,411	7.39%, 01/12/2014 (N)(Q)		2,339
	10,000	9.39%, 12/22/2012 (N)(Q)		9,575
		Brenntag Group, Acquisition Term
	589	7.39%, 01/12/2014 (N)(Q)		575
		Calumet Lubricants Co. L.P.
	1,006	9.08%, 12/01/2012 (AA)		981
	667	9.23%, 12/01/2012 (N)		650
		Celanese U.S. Holdings LLC, Letter of Credit
	2,826	6.87%, 03/30/2014 (AA)		2,776
		Celanese U.S. Holdings LLC, Term Loan B
	16,089	6.98%, 03/30/2014 (N)		15,860
		Cenveo, Inc.
	14,608	6.99%, 06/21/2013 (N)		14,188
		Cenveo, Inc., Delayed Draw Term Loan
	321	6.99%, 03/16/2014 (N)		316
		Coffeyville Resources
	8,726	8.48%, 12/21/2013 (N)		8,666
		Coffeyville Resources, Letter of Credit
	2,676	8.48%, 12/21/2010 (N)		2,656
		Cognis GMBH
EUR	1,000	6.89%, 05/04/2014 (N)		1,389
	11,000	7.69%, 05/04/2014 (N)(Q)		10,555
		Columbian Chemicals Co., Delayed Draw Term Loan
	4,000	6.95%, 03/16/2013 (N)		3,850
		Columbian Chemicals Co., Term Loan B
	9,395	6.95%, 03/15/2013 (N)		9,043
		Compass Minerals Group, Inc.
	7,751	6.70%, 12/22/2012 (N)		7,654

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

­ ­  140  ­ ­

Principal			Market
Amount (B)			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Basic Materials — (continued)
		Domtar, Inc.
$	12,542	7.05%, 03/01/2014 (N)	$	12,320
		Georgia-Pacific Corp., First Lien Term Loan
	26,094	7.41%, 02/14/2013 (N)		25,451
		Georgia-Pacific Corp., Term Loan B2
	5,118	7.37%, 02/14/2013 (N)		4,989
		Goodyear Engineered Products
	1,125	7.39%, 07/31/2014 (AA)(Q)		1,105
	7,875	7.46%, 07/31/2014 (N)		7,737
	4,000	10.71%, 07/31/2015 (N)		3,875
		Goodyear Tire & Rubber Co.
	31,250	6.43%, 04/18/2014 (N)		30,247
		Graham Packaging Co., Inc.
	14,525	7.66%, 04/03/2014 (N)		14,222
		Graphic Packaging Corp.
	7,477	7.39%, 08/08/2010 (N)		7,428
		Hexion Specialty Chemicals
EUR	1,879	6.70%, 05/05/2013 (N)		2,692
		Hexion Specialty Chemicals, Term Loan C1
	21,439	7.81%, 05/15/2013 (N)		21,193
		Hexion Specialty Chemicals, Term Loan C2
	4,648	7.50%, 05/15/2013 (N)		4,598
		Hexion Specialty Chemicals, Term Loan C4
	1,485	7.63%, 05/15/2013 (N)		1,469
		Hexion Specialty Chemicals, Term Loan C5
	998	7.44%, 05/05/2013 (N)		987
		Huntsman International LLC
	37,230	6.64%, 04/23/2014 (N)		36,908
		Ineos Group
	7,046	7.36%, 02/01/2013 (N)(Q)		6,982
	7,045	7.86%, 12/16/2014 (N)(Q)		6,979
		Ineos Group Holdings plc
EUR	500	8.49%, 06/16/2015 (N)		710
		Innophos, Inc.
	619	7.01%, 08/01/2010 (N)		613
		Intertape Polymer Group, Inc.
	2,378	9.59%, 07/28/2011 (N)#		2,348
		ISP Chemco LLC
	30,545	7.08%, 05/31/2014 (N)		29,781
		Jarden Corp.
	12,378	6.95%, 01/24/2012 (N)		12,094
		Jarden Corp., Term Loan B2
	12,663	6.95%, 01/24/2012 (N)		12,426
		Jarden Corp., Term Loan B3
	5,878	6.95%, 01/24/2012 (N)		5,834
		John Maneely Co.
	17,504	8.50%, 12/08/2013 (N)		16,133
		Kranson Industries
	3,661	7.45%, 07/31/2013 (N)		3,588
		Lyondell Chemical Co.
	5,423	6.25%, 08/16/2013 (N)		5,387
		MacDermid, Inc.
	12,937	7.20%, 04/11/2014 (N)		12,549
		Mega Bloks, Inc.
	6,834	7.25%, 07/26/2012 (N)		6,560
		NCI Building Systems, Inc.
	2,402	6.88%, 06/18/2010 (N)		2,336
		Novelis, Inc.
	1,714	7.20%, 07/06/2014 (N)		1,663
		Novelis, Inc., Term Loan B
	3,781	7.20%, 07/06/2014 (N)		3,668
		Basic Materials — (continued)
Principal			Market
Amount			Value (W)
		Smurfit-Stone Container Enterprises, Inc., Deposit Funded Loan
	346	5.22%, 11/01/2010 (N)		342
		Smurfit-Stone Container Enterprises, Inc., Term Loan C1
	551	6.75%, 11/01/2011 (N)		545
		Solo Cup Co.
	7,417	8.66%, 02/27/2011 (N)#		7,383
		Solutia, Inc.
	8,300	8.06%, 03/31/2008 (N)		8,284
		Verso Paper Holdings LLC
	6,612	7.00%, 07/28/2013 (N)		6,430
				475,953
		Capital Goods — 2.8%
		ACCO Brands Corp.
	5,190	7.18%, 08/15/2012 (N)		5,080
		Aearo Technologies, Inc.
	2,992	7.45%, 06/07/2014 (N)		2,895
		Bluegrass Container Corp.
	8,712	9.75%, 06/29/2013 (N)		8,728
		Bluegrass Container Corp., First Lien Term Loan
	1,355	7.29%, 06/29/2013 (N)		1,346
		Bluegrass Container Corp., Second Lien
	2,788	9.75%, 06/29/2013 (N)		2,795
		Bluegrass Container Corp., Term Loan B
	4,530	7.32%, 06/29/2013 (N)		4,498
		Ewards Ltd.
	6,983	7.54%, 05/31/2014 (N)		6,494
		Hawker Beechcraft Acquisition Co., Letter of Credit
	1,287	7.20%, 03/27/2014 (AA)(Q)		1,261
		Hawker Beechcraft Acquisition Co., Term Loan
	15,146	7.17%, 03/27/2014 (N)(Q)		14,857
		Lincoln Industries Corp.
	953	7.71%, 07/11/2014 (N)		944
		Lincoln Industries Corp., Second Lien Term Loan
	3,500	11.49%, 01/10/2015 (N)		3,465
		Lincoln Industries Corp., Term Loan B
	2,540	7.32%, 07/11/2014 (N)		2,514
		Macandrews Amg Holdings LLC
	9,500	11.26%, 04/17/2012 (N)		9,120
		Nacco Material Handling Group
	14,845	7.45%, 03/22/2013 (N)		14,288
		Primus International, Inc.
	5,257	7.63%, 06/07/2012 (N)		5,126
		Scitor Acquisition Corp.
	4,500	9.11%, 09/25/2014 (N)		4,477
		Spirit Aerosystems, Inc.
	1,254	6.90%, 09/30/2013 (N)		1,242
		Targus Group International
	11,397	8.87%, 11/22/2012 (N)		10,619
		Unifrax Corp.
	4,258	7.06%, 05/02/2013 (N)		4,119
		Vought Aircraft Industries, Inc.
	3,957	7.34%, 12/22/2011 (N)		3,912
		Wesco Aircraft Hardware Corp.
	1,945	7.45%, 09/29/2013 (N)		1,921
		Yankee Candle Co.
	16,984	7.20%, 02/06/2014 (N)		16,506
				126,207

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

­ ­  141  ­ ­

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Consumer Cyclical — 10.4%
		Accuride Corp.
$	8,292	7.13%, 01/31/2012 (N)(Q)	$	8,090
		AM General LLC
	15,047	8.12%, 09/01/2013 (N)		14,990
		American Axle & Manufacturing Holdings, Inc.
	16,000	7.70%, 06/14/2012 (N)		15,440
		American General Finance Corp.
	528	8.13%, 09/01/2013 (N)		526
		Aramark Corp.
	26,938	7.20%, 01/19/2014 (N)(Q)		26,286
		Aramark Corp., Letter of Credit
	1,954	7.20%, 01/19/2014 (AA)(Q)		1,907
		Axletech International
	3,115	7.35%, 10/20/2012 (N)		3,076
	2,000	11.73%, 04/20/2013 (N)		1,965
		Brand Energy & Infrastructure Services
	11,447	7.53%, 02/07/2014 (N)		10,947
		Building Materials Holdings Corp.
	1,485	6.45%, 11/10/2013 (N)		1,307
		Contech Construction Products
	5,905	7.03%, 01/31/2013 (N)		5,758
		Custom Building Products
	6,647	7.07%, 10/20/2011 (N)		6,314
	2,000	10.20%, 04/20/2012 (N)#		1,880
		Dana Corp.
	25,500	7.98%, 03/03/2008 (N)(Q)		25,295
		David’s Bridal, Inc.
	6,468	7.36%, 01/25/2014 (N)		6,079
		Delphi Corp.
	20,430	7.14%, 12/31/2007 (N)(Q)		20,339
	2,000	7.88%, 01/18/2008 (N)		1,987
		Dollarama Group L.P.
	5,910	6.71%, 11/18/2011 (N)		5,770
		Easton-Bell Sports, Inc.
	19,058	6.85%, 03/16/2012 (N)		18,391
		Federal-Mogul Corp.
	7,750	6.65%, 12/31/2007 (N)		7,684
		Ford Motor Co.
	22,473	8.70%, 12/15/2013 (N)		21,560
		Foster Wheeler LLC
	4,500	5.12%, 09/12/2011 (N)		4,365
		General Motors Corp.
	13,346	7.59%, 11/27/2013 (N)		13,041
		Invista B.V., Term Loan A1
	3,945	6.70%, 04/30/2010 (N)		3,807
		Invista B.V., Term Loan A2
	10,834	6.70%, 04/30/2010 (N)		10,455
		KIK Custom Products, Inc., Canadian Term Loan
	439	7.46%, 05/23/2014 (N)		419
		KIK Custom Products, Inc., Second Lien
	3,500	10.20%, 11/23/2014 (N)		2,870
		KIK Custom Products, Inc., Term Loan B
	2,561	7.46%, 05/23/2014 (N)		2,407
		Lear Corp.
	13,928	7.79%, 04/25/2012 (N)(Q)		13,680
		Levi Strauss & Co.
	28,000	7.57%, 03/09/2014 (N)		26,040
		Masonite International Corp., Canadian Term Loan
	8,382	7.12%, 04/30/2010 (N)		7,858
		Consumer Cyclical — (continued)
		Masonite International Corp., U.S. Term Loan
	8,369	7.12%, 04/30/2010 (N)#		7,841
		Michael’s Stores, Inc.
	16,920	7.62%, 11/11/2013 (N)		16,127
		Mother’s Work, Inc.
	4,975	7.66%, 03/09/2013 (N)		4,577
		Navistar International, Letter of Credit
	4,533	8.23%, 01/17/2012 (N)		4,477
		Navistar International
	12,467	8.23%, 01/17/2012 (N)		12,311
		Neiman Marcus Group
	3,303	7.45%, 04/06/2013 (N)		3,244
		Nortek, Inc.
	7,851	7.05%, 08/27/2011 (N)#		7,655
		Oshkosh Trucking Corp.
	1,750	7.20%, 12/06/2013 (N)		1,715
	29,343	7.45%, 11/30/2013 (N)		28,842
		The Pantry, Inc.
	2,328	6.51%, 05/14/2014 (N)		2,255
	667	6.64%, 05/14/2014 (AA)(Q)		646
		Petco Animal Supplies, Inc
	5,955	7.33%, 10/25/2013 (N)		5,817
		Roundy’s Supermarkets, Inc.
	8,392	8.46%, 11/03/2011 (N)		8,337
		Sports Authority, Inc.
	11,379	7.45%, 04/25/2013 (N)		10,724
		Standard Pacific Corp.
	13,243	7.27%, 04/25/2013 (N)		11,058
		Standard Steel LLC
	333	7.49%, 07/10/2012 (N)		327
	1,646	7.70%, 07/10/2012 (N)		1,613
		Tandus, Inc.
	7,000	7.90%, 05/07/2014 (N)		6,545
		Tensar Corp.
	3,324	7.71%, 10/28/2012 (N)		3,241
		Toys R Us, Inc.
	17,500	8.13%, 11/30/2008 (N)		17,277
		TRW Automotive, Inc.
	2,993	6.59%, 02/09/2014 (N)		2,955
		United Subcontractors, Inc.
	3,748	8.11%, 12/27/2012 (N)		3,074
		William Carter Co.
	10,522	6.46%, 07/14/2012 (N)		10,333
				461,524
		Consumer Staples — 3.2%
		American Seafoods Group, Term Loan B1
	1,330	6.95%, 09/30/2011 (N)		1,297
		American Seafoods Group, Term Loan B2
	11,592	6.95%, 09/30/2012 (N)		11,302
		Appleton Papers, Inc.
	1,995	7.02%, 06/05/2014 (N)		1,914
		B & G Foods, Inc.
	2,261	7.51%, 02/22/2013 (N)		2,227
		Bird’s Eye Foods, Inc.
	9,952	6.95%, 03/21/2014 (N)		9,587
		Chiquita Brands International, Inc.
	13,600	7.88%, 06/28/2012 (N)		13,339
		Dean Foods Co.
	16,885	6.70%, 03/29/2014 (N)#		16,315
		Dole Food Co., Inc.
	3,416	7.11%, 04/12/2013 (AA)		3,306
	23,851	7.41%, 04/12/2013 (N)#		23,084
	7,156	7.57%, 04/12/2013 (N)		6,926

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

­ ­  142  ­ ­

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Consumer Staples — (continued)
		Huish Detergents, Inc.
$	10,966	7.20%, 04/25/2014 (N)	$	10,454
	3,250	9.45%, 10/25/2014 (N)		2,841
		Johnson Diversey, Inc.
	2,643	7.36%, 12/16/2011 (N)		2,609
		Michael Foods, Inc.
	5,197	7.36%, 11/21/2010 (N)		5,136
		New Page Corp.
	2,667	6.97%, 05/02/2011 (N)		2,650
		OSI Group, Inc., Dutch Term Loan
	2,611	7.20%, 09/02/2011 (N)		2,540
		OSI Group, Inc., German Term Loan
	2,089	7.20%, 09/02/2011 (N)		2,032
		OSI Group, Inc., U.S. Term Loan B
	4,701	7.20%, 09/02/2011 (N)#		4,571
		Piere Foods, Inc.
	10,048	9.53%, 06/30/2010 (N)		9,872
		United Agri Products, Inc.
	2,963	7.90%, 06/01/2012 (N)		2,955
	3,000	8.00%, 06/01/2012 (N)		2,993
		Van Houtte, Inc., First Lien Term Loan
	3,511	7.70%, 07/09/2014 (N)		3,423
		Van Houtte, Inc., Second Lien Term Loan
	479	7.70%, 07/09/2014 (N)		467
				141,840
		Energy — 1.7%
		Big West Oil LLC
	5,594	7.14%, 02/02/2015 (N)		5,468
	6,875	7.45%, 02/02/2015 (AA)(Q)		6,720
		Firstlight Power Resources, Inc., Letter of Credit
	421	7.75%, 11/01/2013 (N)		404
		Firstlight Power Resources, Inc., Term Loan B
	3,446	8.09%, 11/01/2013 (N)		3,308
		Key Energy Services
	1,600	7.64%, 06/30/2012 (N)		1,592
		Key Energy Services, Term Loan C
	8,892	7.64%, 06/30/2012 (N)		8,836
		Niska Gas Storage LLC
	583	7.28%, 05/03/2013 (N)		569
		Niska Gas Storage LLC, Canadian Term Loan
	3,156	7.32%, 05/03/2013 (N)		3,081
		Niska Gas Storage LLC, Delayed Draw U.S. Term Loan
	347	7.33%, 05/03/2013 (N)		339
		Niska Gas Storage LLC, U.S. Term Loan
	512	7.32%, 05/03/2013 (N)		498
		Petroleum Geo-Services
	7,975	6.95%, 07/03/2015 (N)		7,865
		Targa Resources, Inc.
	1,164	7.07%, 10/31/2012 (AA)		1,152
	2,086	7.53%, 10/31/2012 (N)		2,065
		Texas Petrochemicals L.P.
	2,504	7.14%, 06/27/2013 (AA)		2,422
	7,418	7.61%, 06/27/2013 (N)		7,177
		Western Refining, Inc.
	23,631	6.57%, 03/06/2014 (N)		23,151
				74,647
		Finance — 6.9%
		Amerigroup Corp.
	7,463	7.00%, 03/26/2012 (N)		7,220
		Finance — (continued)
		Ameritrade Holding Corp.
	1,700	6.14%, 12/31/2011 (N)		1,668
		Ashtead Group plc
	12,375	7.13%, 08/21/2011 (N)		12,127
		Avis Budget Car Rental LLC
	9,102	6.21%, 04/19/2012 (N)		8,829
		BNY Convergex Group LLC & EZE Castle Software
	6,214	8.20%, 08/30/2013 (N)		6,137
		BNY Convergex Group LLC, Delayed Draw Term Loan
	3,074	8.20%, 09/30/2013 (N)(Q)		2,974
		BNY Convergex Group LLC, First Lien Term Loan
	2,948	8.20%, 09/30/2013 (N)		2,874
		Brickman Group Holdings, Inc.
	5,972	7.14%, 01/24/2014 (N)		5,778
		Buckeye Check Cashing, Inc.
	8,692	8.00%, 05/01/2012 (N)		8,431
		Chrysler Financial Services NA
	19,270	9.36%, 08/03/2012 (N)		19,251
	8,000	11.86%, 08/03/2013 (N)		7,847
		Conseco, Inc.
	8,437	6.82%, 06/22/2010 (N)		8,058
		Covanta Holding Corp.
	7,918	6.63%, 02/09/2014 (AA)		7,695
	16,002	6.88%, 02/09/2014 (N)		15,575
		Crescent Resources LLC
	24,500	8.05%, 09/07/2012 (N)		22,662
		Dollar Financial Corp.
	2,567	7.95%, 10/30/2012 (N)		2,516
		Dollar Financial Corp., Delayed Draw Term Loan
	1,888	7.95%, 10/30/2012 (N)		1,850
		Dollar Thrifty Automotive Group, Inc.
	5,985	7.05%, 06/12/2014 (N)		5,865
		Euronet Worldwide, Inc.
	2,605	7.10%, 03/30/2014 (N)		2,579
		FSB Holdings, Inc.
	3,500	7.61%, 09/29/2013 (N)		3,430
	500	10.94%, 03/29/2014 (N)		495
		General Growth Properties, Inc.
	5,362	6.38%, 02/24/2010 (N)		5,263
		Golden Gate National
	4,554	7.57%, 03/14/2011 (N)		4,508
		Hertz Corp.
	4,331	6.87%, 12/21/2012 (N)		4,257
	779	6.99%, 12/21/2012 (AA)		766
		HMSC Corp.
	3,980	7.46%, 10/03/2014 (N)		3,741
	1,000	10.71%, 04/03/2014 (N)		930
		Hub International Holdings, Inc., Delayed Draw Term Loan
	1,646	3.46%, 06/12/2014 (AA)(Q)		1,610
		Hub International Holdings, Inc., Term Loan
	7,335	8.20%, 06/14/2014 (N)		7,174
		Kar Holdings, Inc.
	18,454	7.45%, 10/17/2013 (N)		17,816
		Landsource Holding Co. LLC
	13,404	8.25%, 02/26/2013 (N)		11,695
		LNR Properties Corp.
	7,000	7.63%, 06/29/2009 (N)		6,790
	23,000	8.11%, 06/29/2011 (N)		22,310
		Mattamy Funding Partnership
	2,469	7.81%, 04/11/2013 (N)		2,327

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

­ ­  143  ­ ­

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Finance — (continued)
		November Land Investors LLC
$	626	7.57%, 05/01/2011 (N)	$	548
	1,500	11.85%, 05/09/2012 (N)		1,162
		Realogy Corp.
	19,648	8.24%, 10/05/2014 (N)		18,251
		Realogy Corp., Letter of Credit
	5,303	8.35%, 10/05/2013 (AA)		4,927
		Rent-A-Center, Inc.
	11,057	7.20%, 10/26/2012 (N)		10,919
		Rental Service Corp.
	11,880	7.00%, 11/21/2012 (N)		11,731
		Sedgwick CMS Holdings, Inc.
	7,859	7.45%, 01/31/2013 (N)		7,721
		TransFirst Holdings, Inc.
	5,000	7.64%, 06/12/2014 (N)		4,788
	1,000	11.20%, 06/12/2015 (N)		959
		United Rentals, Inc.
	1,239	7.32%, 02/14/2011 (AA)		1,233
		United Rentals, Inc., Initial Term Loan
	2,948	7.13%, 02/14/2011 (N)		2,928
				308,215
		Health Care — 10.8%
		Advanced Medical Optics, Inc.
	7,960	7.03%, 04/02/2014 (N)		7,681
		AGA Medical Corp.
	6,408	7.17%, 04/26/2013 (N)		6,104
		Biomet, Inc.
	17,000	8.20%, 02/15/2015 (N)(Q)		16,923
		Carestream Health, Inc.
	12,750	7.11%, 04/12/2013 (N)		12,304
	1,500	10.14%, 10/12/2013 (N)		1,462
		Carl Zeiss
	5,718	7.64%, 03/14/2014 (N)		5,404
EUR	2,500	8.75%, 03/14/2014 (N)(Q)		3,486
		Center For Diagnostic Imaging
	2,611	8.39%, 12/31/2010 (H)(N)		2,480
		Community Health Systems, Inc., Delayed Draw Term Loan
	1,671	7.14%, 07/02/2014 (AA)(Q)		1,633
		Community Health Systems, Inc., Term Loan B
	25,329	7.76%, 07/02/2014 (N)		24,766
		DJ Orthopedics LLC
	13,237	6.58%, 04/07/2013 (N)		13,204
		Fresenius Medical Care AG
	35,311	6.70%, 03/31/2013 (N)#		34,840
		General Nutrition Centers, Inc.
	7,965	7.48%, 03/14/2014 (N)		7,686
		HCA, Inc.
	10,008	7.20%, 11/14/2012 (N)		9,665
	18,813	7.45%, 11/17/2013 (N)#		18,347
		Health Management Associates, Inc.
	20,885	6.94%, 02/12/2014 (N)		19,914
		Healthcare Partners LLC
	11,447	6.58%, 10/20/2013 (N)		11,132
		HealthSouth Corp.
	10,954	7.63%, 03/07/2013 (N)		10,742
		IASIS Healthcare Capital Corp.
	12,500	7.07%, 01/15/2014 (N)		11,969
	4,750	10.32%, 06/15/2014 (N)		4,584
		Health Care — (continued)
Principal			Market
Amount			Value (W)
		IASIS Healthcare Capital Corp., Delayed Draw Term Loan
	4,293	7.96%, 03/15/2014 (AA)(Q)		4,089
		IASIS Healthcare Capital Corp., Term Loan
	1,145	6.69%, 03/15/2014 (AA)		1,093
		Ikaria Acquisition, Inc.
	3,523	7.70%, 03/28/2013 (N)		3,435
		Inverness Medical Innovation, Inc.
	5,985	7.20%, 06/27/2014 (N)		5,850
	1,000	9.45%, 06/26/2015 (N)		999
		LifePoint Hospitals, Inc.
	17,781	7.16%, 04/15/2012 (N)(Q)		17,436
		Multiplan Corp.
	7,757	7.25%, 04/13/2013 (N)		7,563
		Multiplan Corp., Term Loan C
	2,685	7.25%, 04/12/2013 (N)		2,629
		National Mentor
	397	6.89%, 06/27/2013 (AA)		387
	6,525	7.20%, 06/27/2013 (N)		6,362
		National Renal Institutes, Inc.
	11,860	7.50%, 03/31/2013 (N)		11,741
		Orthofix Holdings, Inc.
	8,771	6.64%, 09/22/2013 (N)		8,552
		Pharmaceutical Product Development, Inc.
	1,913	8.07%, 01/29/2012 (N)		1,856
		Pharmaceutical Technologies and Services
	9,975	7.45%, 04/04/2014 (N)		9,568
		Psychiatric Solutions, Inc.
	8,991	7.01%, 07/01/2012 (N)		8,806
		Quintiles Transnational Corp.
	8,880	7.20%, 03/31/2013 (N)		8,736
		Reable Therapeutics Finance LLC
	7,449	7.84%, 11/03/2013 (N)		7,411
		Renal Advantage, Inc.
	3,921	8.10%, 10/05/2012 (N)		3,823
		Rite Aid Corp.
	26,000	6.79%, 06/01/2014 (N)#		25,252
		Select Medical Corp.
	1,995	7.20%, 02/24/2012 (N)		1,910
	13,777	7.48%, 02/24/2012 (N)		13,237
		Skilled Healthcare Group, Inc.
	4,940	6.98%, 06/15/2012 (N)		4,828
		Spanish Broadcasting System, Inc.
	23,677	6.95%, 06/10/2012 (N)#		22,405
		Sun Healthcare Group, Inc.
	5,317	7.12%, 04/12/2014 (N)		5,145
		Sun Healthcare Group, Inc., Delayed Draw Term Loan
	776	6.37%, 04/12/2014 (AA)(Q)		756
		Sun Healthcare Group, Inc., Synthetic Letter of Credit
	1,207	7.13%, 04/19/2014 (AA)		1,177
		Surgical Care Affiliates LLC
	5,985	7.45%, 12/29/2014 (N)		5,731
		Triumph Healthcare
	1	8.73%, 07/28/2013 (N)		1
		United Surgical Partners International
	1,532	6.89%, 04/19/2014 (AA)(Q)		1,471
	7,928	7.38%, 04/19/2014 (N)		7,611
		Vanguard Health Holdings Co. II LLC
	18,955	7.45%, 09/23/2011 (N)		18,599
		Varietal Distribution Merger Sub., Inc.
	14,000	7.86%, 06/29/2014 (N)		13,545
		Viant Holdings, Inc.
	13,466	7.45%, 06/25/2014 (N)		12,591

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

­ ­  144  ­ ­

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Health Care — (continued)
		Warner Chilcott Corp.
$	1,632	7.20%, 01/18/2012 (N)	$	1,604
	7,256	7.24%, 01/18/2012 (N)		7,157
		Youth & Family Centered Services, Inc.
	2,469	8.08%, 07/10/2013 (H)(N)		2,382
				480,064
		Services — 26.2%
		24 Hour Fitness Worldwide, Inc.
	5,915	7.81%, 06/08/2012 (N)		5,797
		Acosta, Inc.
	6,424	7.01%, 12/06/2012 (N)		6,259
		Acxiom Corp.
	6,800	6.80%, 09/13/2012 (N)		6,723
		Advanstar Holdings Corp.
	12,968	7.45%, 06/01/2014 (N)		12,287
	2,000	10.20%, 12/01/2014 (N)		1,885
		Advantage Sales & Marketing, Inc.
	28,847	6.94%, 03/29/2013 (N)		27,729
		Affiliated Computer Services, Inc., First Securities Repurchase Increase
	10,837	6.96%, 03/20/2013 (N)		10,685
		Affiliated Computer Services, Inc., Term Loan B
	3,910	6.82%, 03/20/2013 (N)		3,848
		Affinion Group, Inc.
	16,662	7.98%, 10/07/2012 (N)		16,474
		Alixpartners LLP
	2,978	7.25%, 10/11/2013 (N)		2,925
		Allied Waste Industries, Inc.
	11,027	6.78%, 01/15/2012 (N)		10,805
	14,441	6.91%, 01/15/2012 (N)		14,127
		AMC Entertainment, Inc.
	5,900	6.61%, 01/26/2013 (N)		5,784
		AMF Bowling Worldwide, Inc.
	1,995	8.21%, 06/05/2013 (N)		1,935
		Asurion Corp.
	2,889	8.36%, 07/03/2014 (N)		2,820
		Bresnan Communications LLC
	14,000	7.01%, 09/29/2013 (N)		13,633
	7,000	7.18%, 09/29/2013 (N)		6,825
		Brock Holdings III, Inc.
	3,552	7.14%, 02/21/2014 (N)		3,428
		Cardinal Logistics Management
	4,975	8.50%, 09/23/2013 (N)		4,776
		Carmike Cinemas, Inc.
	7,654	9.00%, 05/19/2012 (N)#		7,631
	2,159	9.23%, 09/29/2011 (N)		2,152
		Casella Waste Systems, Inc.
	4,477	7.33%, 04/28/2010 (N)		4,387
		Cavel Holdings LLC
	3,970	9.95%, 11/29/2012 (N)		3,929
		CCM Merger, Inc.
	2,434	7.30%, 08/01/2012 (N)		2,373
		CCO Holdings LLC
	14,000	7.70%, 09/05/2014 (N)		13,379
		Cebridge Communications LLC
	22,009	7.27%, 11/05/2013 (N)		21,288
	10,000	9.86%, 05/05/2014 (N)		9,825
		Cedar Fair L.P.
	21,680	6.75%, 07/21/2013 (N)		21,152
		Cengage
	14,000	7.95%, 06/27/2014 (N)		13,519
		Services — (continued)
		Centaur LLC, Delayed Draw Term Loan
	825	8.89%, 10/30/2012 (AA)(Q)		809
		Centaur LLC, Second Lien Term Loan
	2,020	12.39%, 10/30/2013 (AA)(Q)		1,995
		Centaur LLC, Term Loan B
	3,525	8.89%, 10/30/2012 (AA)(Q)		3,490
		Cinemark, Inc.
	3,443	7.25%, 10/04/2013 (N)		3,360
		Citadel Broadcasting Corp.
	37,000	6.63%, 06/08/2014 (N)		35,335
		Clarke American Corp.
	20,948	7.70%, 02/28/2014 (N)		19,547
		CMP Susquehanna Corp.
	14,787	7.07%, 03/24/2013 (N)		14,232
		Coinmach Service Corp.
	1,464	7.74%, 12/16/2010 (N)		1,453
		CSC Holdings, Inc.
	1,925	6.14%, 02/24/2012 (N)		1,869
	41,021	6.88%, 03/24/2013 (N)		40,009
		Cumulus Media, Inc.
	16,731	7.00%, 06/01/2014 (N)		16,444
		CW Media Holdings, Inc.
	8,000	8.50%, 02/15/2015 (N)		7,980
		Dex Media East LLC
	4,000	6.89%, 10/22/2014 (AA)(Q)		4,005
		Discovery Communications Holding LLC
	8,978	6.89%, 05/03/2014 (N)		8,850
		DynCorp International, Inc.
	442	7.25%, 02/11/2011 (N)		415
		Emdeon Business Services LLC
	7,349	7.45%, 11/16/2013 (N)(Q)		7,202
	4,000	10.20%, 05/16/2014 (N)		3,960
		Emmis Operating Co.
	3,876	7.20%, 10/30/2013 (N)		3,778
		Energy Solutions LLC
	1,514	7.14%, 06/07/2013 (AA)		1,490
	3,020	9.88%, 12/26/2013 (N)		3,016
		Energy Solutions LLC, LC Facility
	126	7.30%, 06/07/2013 (N)		124
		Energy Solutions LLC, Term Loan B
	2,443	7.66%, 06/07/2013 (N)		2,403
		Energy Solutions LLC, Term Loan B2
	1,187	7.66%, 06/07/2013 (N)		1,168
		F & W Publications, Inc.
	7,076	7.61%, 08/05/2012 (N)		6,934
	1,489	7.85%, 08/05/2012 (N)		1,459
	4,500	9.49%, 08/05/2012 (N)		4,410
		Fender Musical Instruments Corp.
	1,500	7.14%, 06/06/2014 (AA)(Q)		1,455
	2,993	7.65%, 06/06/2014 (N)		2,903
		Golden Nugget, Inc.
	2,182	6.89%, 06/22/2014 (AA)(Q)		2,116
	3,818	6.94%, 06/22/2014 (N)		3,704
	3,750	8.30%, 12/31/2014 (N)		3,516
		Gray Television, Inc., Term Loan B
	19,965	6.73%, 12/31/2014 (N)		19,191
		Greektown Holdings LLC
	3,960	8.00%, 12/01/2012 (N)		3,821
		Green Valley Ranch Gaming LLC
	2,876	7.41%, 02/09/2014 (N)		2,804
	8,000	8.79%, 02/09/2014 (N)		7,580
		Greenwood Racing, Inc.
	4,962	7.01%, 11/14/2011 (N)		4,851
		Hanley Wood LLC
	3,000	7.49%, 03/07/2014 (N)		2,475

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

­ ­  145  ­ ­

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Services — (continued)
		Harrah’s Entertainment, Inc.
$	30,000	6.39%, 03/05/2008 (AA)(Q)	$	29,700
		Hit Entertainment, Inc.
	1,975	7.17%, 08/26/2012 (N)		1,938
		inVentiv Health, Inc., Delayed Draw Term Loan
	1,029	6.57%, 07/05/2014 (N)(Q)		1,000
		inVentiv Health, Inc., Term Loan B
	10,861	6.57%, 07/05/2014 (N)		10,562
		Isle of Capri Black Hawk LLC
	3,717	7.22%, 10/24/2011 (N)		3,605
		Lake At Las Vegas Joint Venture LLC
	818	15.30%, 02/01/2010 (N)		673
	5,978	15.31%, 02/01/2010 (N)		3,886
		Las Vegas Sands Corp.
	7,000	6.95%, 05/23/2014 (AA)(Q)		6,755
		Las Vegas Sands Corp., Delayed Draw Term Loan
	2,000	6.95%, 05/23/2013 (AA)(Q)		1,934
		Las Vegas Sands Corp., Term Loan B
	30,424	6.95%, 05/23/2014 (N)		29,468
		LBI Media, Inc.
	10,625	6.32%, 05/01/2012 (N)		10,147
		Lodgenet Entertainment Corp., Term Loan B
	6,983	7.35%, 04/04/2014 (N)		6,852
		Medianews Groups, Inc.
	3,950	7.14%, 08/02/2013 (N)		3,767
		MGM Holdings II, Inc.
	3,600	8.45%, 04/08/2012 (N)		3,459
		MGM Mirage, Inc.
	29,000	6.42%, 10/03/2011 (N)		27,985
		Montecito Broadcast Group LLC
	2,404	7.86%, 01/25/2013 (N)		2,380
		Nelson Education
	6,000	7.70%, 07/05/2014 (N)		5,820
		NEP Supershooters L.P.
	7,960	7.45%, 02/13/2014 (N)		7,562
		New Vision Television LLC, First Lien Term Loan
	2,489	7.89%, 10/26/2014 (AA)(Q)		2,464
		New Vision Television LLC, Term Loan B2
	511	7.89%, 10/26/2014 (AA)(Q)		507
		New World Gaming Partners Ltd.
	4,000	10.39%, 01/16/2015 (AA)(Q)		3,720
		New World Gaming Partners Ltd., Delayed Draw Term Loan
	167	7.39%, 07/16/2014 (AA)(Q)		159
		New World Gaming Partners Ltd., First Lien Term Loan
	833	7.39%, 07/16/2014 (AA)(Q)		796
		Open Solutions, Inc.
	3,586	7.28%, 01/25/2014 (N)		3,452
		Penn National Gaming, Inc.
	2,992	6.90%, 07/05/2012 (N)		2,966
		Penton Media, Inc.
	7,463	7.24%, 02/06/2013 (N)		7,033
	7,000	9.98%, 02/06/2014 (N)		6,528
		Philosophy, Inc.
	6,564	6.98%, 03/15/2014 (N)(Q)		5,777
		Pinnacle Foods
	24,434	7.95%, 03/30/2014 (N)		23,833
		Quebecor Media, Inc.
	2,948	7.36%, 01/17/2013 (N)		2,896
		Services — (continued)
		Raycom TV Broadcasting, Inc.
	20,229	6.31%, 07/27/2013 (N)		19,622
		RE/MAX International, Inc., Delayed Draw Term Loan
	6,200	7.47%, 01/30/2008 (N)(Q)		6,146
		RE/MAX International, Inc.
	5,800	7.24%, 01/30/2008 (N)(Q)		5,749
		Readers Digest Association, Inc.
	5,000	6.80%, 03/02/2013 (N)(Q)		4,650
	24,378	7.54%, 03/02/2014 (N)		22,996
		Regal Cinemas, Inc.
	30,080	6.39%, 10/27/2013 (N)		29,414
		Sabre, Inc.
	22,380	6.96%, 09/30/2014 (N)		21,223
		Safenet, Inc.
	1,496	7.75%, 05/22/2014 (N)		1,421
		Seminole Tribe of Florida
	648	6.97%, 03/06/2014 (N)(Q)		642
		Seminole Tribe of Florida, Term Loan B2
	2,186	7.13%, 03/06/2014 (N)		2,167
		Seminole Tribe of Florida, Term Loan B3
	2,166	6.75%, 03/06/2014 (N)		2,147
		Sensata Technologies
	30,153	6.76%, 04/21/2013 (N)		29,249
		Sheridan Group, Inc.
	12,968	7.72%, 06/13/2014 (N)		12,319
	4,000	10.97%, 06/13/2015 (N)		3,750
		Sirius Satellite Radio, Inc.
	8,500	7.25%, 09/01/2012 (N)		8,181
		Six Flags, Inc.
	12,967	7.75%, 04/30/2015 (N)		12,315
		Southern Graphic Systems
	997	5.04%, 12/30/2011 (N)(Q)		982
	1,965	7.84%, 12/30/2011 (N)		1,936
		Sungard Data Systems, Inc.
	16,786	7.36%, 08/08/2012 (N)		16,531
		Synagro Technologies, Inc.
	3,990	7.50%, 03/28/2014 (N)		3,870
	2,000	10.25%, 09/28/2014 (N)		1,935
		Telesat Canada, Delayed Draw Term Loan
	827	7.89%, 09/01/2014 (AA)(Q)		819
		Telesat Canada, Term Loan B
	9,673	7.89%, 09/01/2014 (AA)(Q)		9,585
		Time Warner Telecom Holdings, Inc.
	10,421	6.82%, 07/01/2013 (N)		10,213
		Town Sports International Holdings, Inc.
	5,975	7.50%, 02/27/2014 (N)		5,646
		Transaction Network Services, Inc.
	4,828	7.48%, 05/10/2013 (N)		4,683
		Tribune Co.
	13,556	7.74%, 05/17/2009 (N)		13,369
	17,290	8.24%, 05/17/2014 (N)		16,052
		United Site Services, Inc.
	1,727	9.45%, 06/29/2013 (H)(N)		1,641
		Univision Communications
	15,034	7.20%, 09/16/2014 (N)		14,221
	7,000	7.25%, 03/16/2009 (N)		6,924
		Univision Communications, Delayed Draw Term Loan
	966	1.00%, 09/16/2014 (N)(Q)		914
		UPC Financing Partnership
	34,500	7.13%, 12/31/2014 (N)		33,400
		Valley Crest Companies
	1,990	7.62%, 10/04/2013 (N)		1,950

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

­ ­  146  ­ ­

Principal			��	Market
Amount				Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Services — (continued)
		Venetian Macau Ltd., Delayed Draw Term Loan
$	2,333	7.45%, 05/25/2013 (N)		$	2,295
		Venetian Macau Ltd., Incremental Term Loan
	3,500	7.45%, 04/06/2012 (N)			3,448
		Venetian Macau Ltd., Term Loan
	4,667	7.45%, 04/06/2013 (N)			4,583
		Vertafore, Inc.
	3,483	8.01%, 01/31/2012 (N)			3,413
		Washington Country Casino Resort LLC
	2,452	9.06%, 11/07/2011 (H)(N)			2,428
		Weight Watchers International, Inc.
	15,500	6.50%, 01/24/2013 (N)			15,234
	5,459	6.75%, 01/24/2014 (N)			5,402
		Weight Watchers International, Inc., Term Loan 1
	1,799	6.54%, 01/24/2013 (N)			1,768
		West Corp.
	32,320	7.27%, 10/23/2013 (N)			31,642
		WideOpenWest Finance LLC
	16,000	7.59%, 07/01/2014 (N)			15,280
	5,000	11.45%, 07/01/2015 (N)			4,650
		Wilmar Landco LLC
	3,500	7.45%, 07/03/2008 (N)			3,413
		Wilmar OPCO LLC
	3,791	7.45%, 01/03/2012 (N)			3,703
		Wynn Resorts Ltd.
	7,500	6.57%, 06/01/2014 (N)			7,303
		Yell Group plc
	5,000	6.75%, 02/10/2013 (N)			4,925
		Yonkers Racing Corp.
	4,749	10.88%, 08/12/2011 (N)			4,725
					1,167,031
		Technology — 13.1%
		Alaska Communication Systems Holdings, Inc., Incremental Term Loan
	2,200	6.95%, 02/01/2012 (N)			2,141
		Alaska Communication Systems Holdings, Inc., Initial Term Loan
	300	6.95%, 02/01/2012 (N)			293
		Alaska Communication Systems Holdings, Inc.
	22,070	6.95%, 02/01/2012 (N)			21,555
		American Cellular Corp.
	4,928	7.24%, 03/14/2014 (N)			4,905
		American Reprographics Co. LLC
	5,753	6.61%, 12/20/2012 (N)			5,638
		Aspect Software, Inc.
	4,455	8.25%, 09/22/2012 (N)			4,299
		Canwest MediaWorks L.P.
	6,983	7.54%, 07/13/2014 (N)			6,895
		Caribe Information Investment, Inc.
	13,125	7.14%, 03/29/2013 (AA)			12,764
		CCC Information Services Group, Inc.
	2,592	7.71%, 02/10/2013 (N)			2,540
		Cellnet Technology, Inc.
	8,498	7.20%, 08/26/2011 (N)			8,190
		Charter Communications Operating LLC
	32,049	6.99%, 04/28/2013 (N)			30,738
		Cincinnati Bell, Inc.
	3,975	7.02%, 08/31/2012 (N)			3,899
		Technology — (continued)
		Cinram International
	21,878	7.36%, 05/05/2010 (N)			20,456
		Crown Castle Operating Co.
	13,461	6.73%, 03/06/2014 (N)			13,131
		DaVita, Inc.
	2,015	6.26%, 10/05/2011 (N)#			1,965
	4,501	6.75%, 10/05/2012 (N)			4,394
		Dresser, Inc.
	12,868	6.71%, 05/04/2014 (N)			12,623
		FairPoint Communications, Inc.
	16,750	7.00%, 02/08/2012 (N)			16,593
		First Data Corp.
	7,200	7.96%, 09/27/2014 (N)			6,928
		Fleetcor Technologies Operating Co. LLC
	1,000	7.14%, 04/30/2013 (AA)(Q)			970
	4,975	7.38%, 04/30/2013 (N)			4,826
		Freescale Semiconductor, Inc.
	15,880	7.33%, 11/28/2013 (N)			15,198
		Gatehouse Media Operating, Inc.
	8,152	7.27%, 08/05/2014 (N)			7,582
	24,848	7.51%, 08/05/2014 (N)			22,922
		Hawaiian Telecom Communications, Inc.
	24,439	7.45%, 06/01/2014 (N)			23,845
		Idearc, Inc.
	25,788	7.20%, 11/17/2014 (N)			25,381
		Infor Global Solutions
	998	7.95%, 07/08/2012 (N)			943
	2,000	10.39%, 03/02/2014 (N)			1,880
	3,000	11.45%, 07/28/2014 (N)			2,865
		Infor Global Solutions, Delayed Draw Term Loan
	1,704	8.95%, 07/28/2012 (AA)(Q)			1,653
		Infor Global Solutions, Term Loan
	3,266	8.95%, 07/28/2012 (AA)(Q)			3,152
		Intelsat Bermuda Ltd.
	12,236	7.86%, 01/03/2014 (N)			12,076
		Intelsat Ltd.
	9,500	7.12%, 01/11/2014 (N)			9,381
		Intelsat Zues Ltd.
	3,465	7.12%, 07/03/2012 (N)			3,419
		IPC Systems, Inc.
	17,950	7.45%, 05/31/2014 (N)			16,424
		Kronos, Inc.
	8,983	7.45%, 06/12/2014 (N)			8,674
		Leap Wireless International, Inc.
	7,905	7.45%, 06/15/2013 (N)			7,794
		Level 3 Communications
	26,941	7.49%, 03/01/2014 (N)			26,200
		Marvell Technology Group Ltd.
	10,883	7.70%, 11/09/2009 (N)			10,638
		Mediacom Broadband LLC
	16,560	6.61%, 01/31/2015 (N)			16,030
		Mediacom Broadband LLC, Term Loan D2
	10,399	6.61%, 01/31/2015 (N)			10,087
		Mediacom LLC
	8,910	6.61%, 01/31/2015 (N)			8,628
	2,000	6.69%, 09/30/2012 (N)#			1,919
		Metro PCS Wireless, Inc.
	22,309	7.58%, 11/02/2013 (N)			21,840
		National Cinemedia, Inc.
	11,000	7.46%, 02/13/2015 (N)			10,610
		Ntelos, Inc.
	20,447	7.01%, 08/24/2011 (N)			20,200
		One Communications Corp.
	8,264	9.25%, 06/30/2012 (N)(Q)			8,182

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

­ ­  147  ­ ­

The Hartford Floating Rate Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Technology — (continued)
		Paetec Holding Corp.
$	3,221	7.25%, 02/09/2013 (N)	$	3,193
		R.H. Donnelley, Inc., Term Loan D1
	12,316	7.09%, 06/30/2011 (N)		12,108
		R.H. Donnelley, Inc., Term Loan D2
	11,294	7.01%, 06/30/2011 (N)		11,122
		RCN Corp.
	16,957	7.50%, 04/19/2014 (N)		16,491
		Reynolds & Reynolds Co.
	10,473	7.20%, 10/24/2012 (N)		10,225
		Riverdeep Interactive Learning USA
	9,437	7.95%, 12/21/2013 (N)		9,362
		Trilogy International Partners LLC
	1,333	8.70%, 06/22/2012 (N)		1,278
		Verifone Holdings, Inc.
	4,492	6.71%, 10/30/2013 (N)		4,425
		Verint Systems, Inc.
	13,262	8.11%, 05/23/2014 (N)(Q)		12,897
		Virgin Media Dover LLC
	6,000	7.22%, 09/03/2012 (N)		5,861
		Wind Acquisitions Holdings Finance S.A.
	5,520	12.45%, 12/12/2011 (N)		5,548
		Windstream Corp.
	8,693	6.71%, 07/21/2013 (N)		8,622
				584,398
		Transportation — 2.9%
		Delta Air Lines, Inc.
	8,000	6.89%, 04/25/2012 (N)		7,795
	3,990	8.08%, 04/25/2014 (N)		3,930
		Greatwide Logistics Services, Inc.
	6,451	8.70%, 01/22/2014 (N)		5,580
		Jacobson Cos.
	3,990	7.57%, 06/19/2014 (N)		3,711
		Kansas City Southern Railway Co.
	2,357	6.68%, 04/28/2013 (N)		2,308
		Kenan Advantage Group
	5,735	8.20%, 12/16/2011 (N)		5,620
		Louis US Holdco, Inc., Letter of Credit
	828	7.75%, 11/04/2013 (AA)		816
		Louis US Holdco, Inc., Term Loan
	2,521	7.75%, 11/04/2013 (N)		2,477
		MacQuarie Aircraft Leasing Finance S.A.
	19,668	7.04%, 11/29/2013 (H)(N)(Q)		19,668
	5,000	9.54%, 11/29/2013 (H)(N)		4,950
		Northwest Airlines
	18,315	7.03%, 08/21/2008 (N)		17,628
		Rail America, Inc.
	22,000	7.61%, 10/04/2008 (N)(Q)		21,780
		United Air Lines, Inc.
	17,403	7.00%, 02/01/2014 (N)		16,645
		US Airways Group, Inc.
	15,500	7.37%, 03/23/2014 (N)		14,793
				127,701
		Utilities — 5.1%
		Astoria Generating Co. Acquisitions LLC
	7,500	8.96%, 08/23/2013 (N)		7,416
		Atlas Pipeline Partners L.P.
	10,000	7.55%, 07/27/2014 (N)		9,975
		Boston Generating LLC
	120	7.32%, 12/19/2013 (AA)		118
	1,922	7.45%, 12/19/2013 (N)		1,887
		Utilities — (continued)
		Boston Generating LLC, Letter of Credit
	429	7.32%, 12/19/2013 (AA)		420
		Calpine Corp.
	10,940	7.45%, 04/03/2014 (N)		10,806
		Dynegy Holdings, Inc., Letter of Credit
	24,213	6.63%, 03/30/2013 (N)		23,436
		Dynegy Holdings, Inc., Term Loan
	1,787	6.32%, 03/30/2013 (N)		1,726
		Kgen LLC, Letter of Credit
	2,625	7.00%, 02/01/2014 (N)		2,520
		Kgen LLC, Term Loan B
	4,342	7.00%, 02/01/2014 (N)		4,168
		Kinder Morgan, Inc.
	32,250	6.30%, 05/22/2014 (N)		31,429
		Mirant North America LLC
	23,098	6.50%, 01/03/2013 (N)		22,787
		NRG Energy, Inc.
	11,125	6.85%, 02/01/2013 (N)		10,877
	26,741	6.95%, 06/08/2013 (N)		26,143
	9,238	7.39%, 06/08/2014 (AA)(Q)		9,019
		Pike Electric Corp.
	4,521	6.63%, 12/10/2012 (N)		4,470
	3,054	6.69%, 07/01/2012 (N)#		3,019
		Reliant Energy, Inc.
	15,600	6.75%, 03/31/2014 (AA)		15,132
		Texas Competitive Electric Co.
	14,000	8.39%, 10/31/2014 (AA)(Q)		14,000
		Texas Competitive Electric Holdings Co. LLC
	14,000	8.39%, 10/24/2014 (AA)(Q)		13,998
		TPF Generation Holdings LLC
	236	7.10%, 12/21/2011 (AA)		232
	3,850	7.20%, 12/21/2013 (N)		3,776
	753	7.26%, 12/21/2013 (AA)		739
	7,000	9.45%, 12/21/2014 (N)		6,667
				224,760
		Total senior floating rate interests:
		non-investment grade (cost $4,299,907)	$	4,172,340
		Total long-term investments (cost $4,445,407)	$	4,308,222
SHORT-TERM INVESTMENTS — 5.2%
		Consumer Staples — 0.0%
		Cargill, Inc.
$	1,541	4.80%, 11/01/2007	$	1,541
		Finance — 3.2%
		BNP Paribas Finance
	28,000	4.81%, 11/01/2007		27,996
		Deutsche Bank
	30,000	4.80%, 11/01/2007		29,996
		Rabobank USA
	30,000	4.80%, 11/01/2007		29,996
		Societe Generale NA
	28,000	4.80%, 11/01/2007		27,996
		UBS Finance LLC
	28,954	4.67%, 11/01/2007		28,950
				144,934
Shares
		Investment Pools and Funds — 0.1%
	2,476	State Street Bank Money Market Fund		2,476

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

­ ­  148  ­ ­

					Market
Shares					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — 1.9%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $28,063, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $28,524)
	28,060	4.52% dated 10/31/2007			$	28,060
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $27,951, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $28,431)
	27,947	4.50% dated 10/31/2007				27,947
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $28,063, collateralized by U.S. Treasury Note 9.25%, 2016, value of $28,401)
	28,060	4.48% dated 10/31/2007				28,060
						84,067
		Total short-term investments (cost $233,018)			$	233,018
		Total investments (cost $4,678,425) (C)	102.0	%	$	4,541,240
		Other assets and liabilities	(2.0	)%		(90,114	)
		Total net assets	100.0	%	$	4,451,126

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 1.49% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $4,680,163 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	490
Unrealized Depreciation		(139,413	)
Net Unrealized Depreciation	$	(138,923	)

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $9,233, which represents 0.21% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(N)	The interest rate disclosed for these securities represents the average coupon as of October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $192,582.
(V)	Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank’s certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at October 31, 2007.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.
	EUR — EURO
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.

Period
Acquired	Par		Security	Cost Basis
4/2007		2,600	Bayview Financial Acquisition Trust, 6.97%, 05/28/2037	$	2,600
11/2005		30	Calpine Generating Co. LLC, 9.07%, 04/01/2009		30
9/2006 – 12/2006		2,611	Center For Diagnostic Imaging, 8.39%, 12/31/2010		2,518
11/2005		967	CS First Boston Mortgage Securities Corp., 6.79%, 11/15/2019 - 144A		967
2/2006		1,800	CS First Boston Mortgage Securities Corp., 7.04%, 11/15/2019 - 144A		1,779
3/2007		17,322	Goldman Sachs Mortgage Securities Corp., 6.82%, 02/01/2008 - Reg D		17,322
4/2007		5,000	Helios Finance L.P., 7.85%, 10/20/2014 - 144A		5,000
3/2007 – 5/2007		19,668	MacQuarie Aircraft Leasing Finance S.A., 7.04%, 11/29/2013		19,668
3/2007		5,000	MacQuarie Aircraft Leasing Finance S.A., 9.54%, 11/29/2013		5,000
3/2007		4,453	Structured Asset Securities Corp., 7.37%, 02/25/2037		4,371
7/2006		1,727	United Site Services, Inc., 9.45%, 06/29/2013		1,710
10/2005		2,452	Washington Country Casino Resort LLC, 9.06%, 11/07/2011		2,452
3/2007		4,363	Wells Fargo Home Equity Trust, 7.12%, 03/25/2037		4,167
7/2006		2,469	Youth & Family Centered Services, Inc., 8.08%, 07/10/2013		2,469

	The aggregate value of these securities at October 31, 2007 was $65,159 which represents 1.46% of total net assets.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  149  ­ ­

The Hartford Fundamental Growth Fund (formerly The Hartford Focus Fund)

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.1%
		Basic Materials — 5.0%
	34	Companhia Vale do Rio Doce ADR	$	1,296
	11	Freeport-McMoRan Copper & Gold, Inc.		1,248
	6	Potash Corp. of Saskatchewan		737
				3,281
		Capital Goods — 3.3%
	15	Caterpillar, Inc.		1,089
	7	Deere & Co.		1,100
				2,189
		Consumer Cyclical — 14.8%
	39	American Eagle Outfitters, Inc.		930
	20	Best Buy Co., Inc.		956
	22	Coach, Inc. (D)		812
	13	eBay, Inc. (D)		473
	33	Gymboree Corp. (D)(G)		1,133
	19	Kohl’s Corp. (D)(G)		1,066
	22	NIKE, Inc. Class B		1,451
	22	Oshkosh Truck Corp.		1,181
	46	Staples, Inc.		1,062
	12	Target Corp.		749
				9,813
		Consumer Staples — 2.9%
	13	PepsiCo, Inc.		966
	14	Procter & Gamble Co.		980
				1,946
		Energy — 8.7%
	15	Anadarko Petroleum Corp.		909
	15	Apache Corp.		1,599
	8	Devon Energy Corp.		785
	15	GlobalSantaFe Corp. (G)		1,215
	16	Halliburton Co.		642
	7	Schlumberger Ltd.		647
				5,797
		Finance — 11.3%
	17	Aflac, Inc.		1,055
	16	American International Group, Inc.		985
	3	Goldman Sachs Group, Inc.		694
	45	Invesco plc ADR (G)		1,389
	19	MBIA, Inc.		826
	8	NYSE Euronext		751
	17	UnitedHealth Group, Inc.		855
	12	Wellpoint, Inc. (D)		935
				7,490
		Health Care — 9.6%
	23	Amgen, Inc. (D)		1,313
	12	Covidien Ltd.		491
	26	CVS/Caremark Corp.		1,090
	14	Genentech, Inc. (D)		1,067
	16	Medtronic, Inc.		745
	15	St. Jude Medical, Inc. (D)		595
	24	Teva Pharmaceutical Industries Ltd. ADR		1,052
				6,353
		Services — 4.8%
	26	Manpower, Inc.		1,928
	14	Priceline.com, Inc. (D)(G)		1,257
				3,185
		Technology — 34.1%
	26	Akamai Technologies, Inc. (D)(G)		1,031
	18	America Movil S.A.B. de C.V. ADR		1,164
	5	Apple, Inc. (D)		931
	41	Applied Materials, Inc.		792
	21	AT&T, Inc.		886
	43	Cisco Systems, Inc. (D)		1,425
	38	Corning, Inc.		925
	24	General Electric Co.		992
	2	Google, Inc. (D)		1,591
	31	Hewlett-Packard Co.		1,576
	21	Infosys Technologies Ltd. ADR (G)		1,044
	26	Intel Corp.		699
	9	International Business Machines Corp.		1,022
	24	Lam Research Corp. (D)(G)		1,205
	50	Microsoft Corp.		1,852
	16	NII Holdings, Inc. Class B (D)(G)		940
	27	Nokia Corp. (G)		1,064
	57	Oracle Corp. (D)		1,261
	12	Qualcomm, Inc.		530
	6	Research In Motion Ltd. (D)		784
	16	Thomas & Betts Corp. (D)		874
				22,588
		Utilities — 1.6%
	13	Exelon Corp.		1,035
		Total common stock (cost $56,504)	$	63,677
Principal
Amount
SHORT-TERM INVESTMENTS — 17.1%
		Repurchase Agreements — 3.9%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $892, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $910)
$	892	4.94% dated 10/31/2007	$	892
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $229, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $233)
	229	4.94% dated 10/31/2007		229
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $229, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $233)
	229	4.94% dated 10/31/2007		229
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1, collateralized by U.S. Treasury Note 2.63%, 2008, value of $1)
	1	4.94% dated 10/31/2007		1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $497, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $507)
	497	4.94% dated 10/31/2007		497

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

­ ­  150  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $586, collateralized by FNMA 6.00%, 2036 — 2037, value of $598)
$	586	4.94% dated 10/31/2007			$	586
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $152, collateralized by FNMA 6.00%, 2036 — 2037, value of $155)
	152	4.94% dated 10/31/2007				152
						2,586
Shares
		Securities Purchased with Proceeds from Security Lending — 13.2%
		Cash Collateral Reinvestment Fund:
	8,464	Navigator Prime Portfolio				8,464
Principal
Amount
		Federal Home Loan Mortgage Corporation Collateral Securities:
		Federal Home Loan Mortgage Corp.
$	—	4.57%, 11/26/2007				—
		Federal National Mortgage Association Collateral Securities:
		Federal National Mortgage Association
	2	3.00%, 03/03/2008				2
	5	5.25%, 01/29/2009				4
						6
		Other Direct Federal Obligation Collateral Securities:
		Federal Home Loan Bank
	—	3.75%, 08/13/2008				—
	2	4.36%, 09/10/2009				2
	55	4.41%				54
	79	4.44%, 11/14/2007 — 12/21/2007				79
	—	4.46%, 11/21/2007				—
	1	4.75%, 01/25/2008				1
	1	5.38%, 05/01/2009				1
						137
		U.S. Treasury Collateral Securities:
		U.S. Treasury Bond
	—	2.38%, 01/15/2027 (O)				—
	8	3.88%, 04/15/2029 (O)				14
		U.S. Treasury Note
	14	2.00%, 01/15/2016 (O)				14
	56	3.00%, 07/15/2012 (O)				68
						96
Principal					Market
Amount					Value (W)
Principal					Market
Amount					Value (W)
		U.S. Treasury Note
	5	3.88%, 01/15/2009 (O)				6
						8,709
		Total short-term investments (cost $11,295)			$	11,295
		Total investments (cost $67,799) (C)	113.2	%	$	74,972
		Other assets and liabilities	(13.2	)%		(8,741	)
		Total net assets	100.0	%	$	66,231

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 12.88% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $67,873 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	9,048
Unrealized Depreciation		(1,949	)
Net Unrealized Appreciation	$	7,099

(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  151  ­ ­

The Hartford Global Communications Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 91.2%
		Brazil — 5.0%
	58	Brasil Telecom S.A. ADR (G)	$	1,725
	30	Tele Norte Leste Participacoes S.A. ADR		656
				2,381
		Canada — 4.1%
	101	Nortel Networks Corp. (D)		1,635
	6	Telus Corp.		359
				1,994
		Egypt — 3.2%
	10	Mobinil-Egyptian Mobile Service		361
	16	Orascom Telecom Holding SAE GDR		1,160
				1,521
		France — 8.2%
	89	France Telecom S.A. (A)		3,274
	3	Iliad S.A. (A)		295
	7	Neuf Cegtel (A)		368
				3,937
		Hong Kong — 6.3%
	148	China Mobile Ltd. (A)		3,049
		Indonesia — 2.8%
	28	P.T. Telekomunikasi Indonesia ADR		1,351
		Israel — 3.7%
	14	Cellcom Israel Ltd.		382
	72	Partner Communications Co., Ltd. ADR (G)		1,387
				1,769
		Luxembourg — 6.1%
	25	Millicom International Cellular S.A. (D)		2,949
		Morocco — 0.0%
	1	Maroc Telecom (A)		15
		Norway — 4.8%
	98	Telenor ASA (A)		2,303
		Russia — 12.5%
	40	AFK Sistema GDR		1,596
	21	Mobile Telesystems OJSC ADR		1,718
	82	Vimpel-Communications ADR		2,725
				6,039
		South Africa — 5.8%
	119	MTN Group Ltd. (A)		2,316
	4	Telkom South Africa Ltd. ADR (G)		455
				2,771
		Spain — 6.1%
	29	Telefonica S.A. ADR		2,914
		Turkey — 4.9%
	99	Turkcell Iletisim Hizmetleri ADR		2,380
		United Kingdom — 1.4%
	65	Cable & Wireless plc (A)		265
	136	Thus Group plc (A)(D)		418
				683
		United States — 16.3%
	113	Arris Group, Inc. (D)(G)		1,296
	29	Atlantic Tele-Network, Inc.		1,034
	63	Comcast Corp. Class A (D)		1,318
	54	NII Holdings, Inc. Class B (D)		3,149
	45	Time Warner Telecom, Inc. Class A (D)(G)		1,046
				7,843
		Total common stock (cost $33,212)	$	43,899
WARRANTS — 2.7%
		India — 2.7%
	51	Citigroup Global Certificate — Bharti Televentures (H)	$	1,298
		Total warrants (cost $420)	$	1,298
PREFERRED STOCK — 3.5%
		Brazil — 3.5%
	16	Telecomunicacoes de Sao Paulo S.A. (G)	$	548
	30	Telemar Norte Leste S.A.		1,158
		Total preferred stock (cost $1,055)	$	1,706
		Total long-term investments (cost $34,687)	$	46,903
Principal
Amount
SHORT-TERM INVESTMENTS — 9.0%
		Repurchase Agreements — 2.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $372, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $379)
$	372	4.94% dated 10/31/2007	$	372
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $95, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $97)
	95	4.94% dated 10/31/2007		95
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $95, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $97)
	95	4.94% dated 10/31/2007		95

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

­ ­  152  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1, collateralized by U.S. Treasury Note 2.63%, 2008, value of $1)
$	1	4.94% dated 10/31/2007			$	1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $207, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $211)
	207	4.94% dated 10/31/2007				207
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $244, collateralized by FNMA 6.00%, 2036 — 2037, value of $249)
	244	4.94% dated 10/31/2007				244
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $64, collateralized by FNMA 6.00%, 2036 — 2037, value of $65)
	64	4.94% dated 10/31/2007				64
						1,078
Shares
		Securities Purchased with Proceeds from Security Lending — 6.7%
		Cash Collateral Reinvestment Fund:
	3,229	BNY Institutional Cash Reserve Fund				3,229
		Total short-term investments (cost $4,307)			$	4,307
		Total investments (cost $38,994) (C)	106.4	%	$	51,210
		Other assets and liabilities	(6.4	)%		(3,074	)
		Total net assets	100.0	%	$	48,136

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 81.15% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $39,643 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	14,024
Unrealized Depreciation		(2,457	)
Net Unrealized Appreciation	$	11,567

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds��� Board of Directors at October 31, 2007, was $12,303, which represents 25.56% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.

Period				Cost
Acquired	Shares/Par		Security	Basis
08/2005		51	Citigroup Global Certificate — Bharti Televentures - 144A	$	420

The aggregate value of these securities at October 31, 2007 was $1,298 which represents 2.70% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Norwegian Krone (Sell)	$	239	$	239		11/05/07	$	—
South African Rand (Buy)		342		338		11/01/07		4
South African Rand (Sell)		111		110		11/06/07		(1	)
							$	3

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Cable & Other Subscription Programming		2.8	%
Communications Equipment Manufacturing		6.1
Electrical Equipment Manufacturing — Component Other		0.8
Internet Providers & Web Search Port		1.5
Other Telecommunications		37.1
Wired Telecommunications Carriers		3.3
Wireless Communications Services		13.6
Wireless Telecommunications Carriers		32.2
Short-Term Investments		9.0
Other Assets and Liabilities		(6.4	)
Total		100.0	%

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

­ ­  153  ­ ­

The Hartford Global Financial Services Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 94.5%
		Australia — 2.9%
	36	Westpac Banking Corp. (A)	$	1,015
		Canada — 10.0%
	16	Bank of Montreal		1,094
	10	Bank of Nova Scotia		583
	4	Canadian Imperial Bank of Commerce		432
	21	Canadian Western Bank		670
	35	First National Financial, Inc.		599
	3	Gluskin Sheff Associates, Inc.		102
				3,480
		France — 3.6%
	23	Axa S.A. (A)		1,031
	15	Fimatex S.A. (A)(D)		210
				1,241
		Germany — 2.3%
	4	Muenchener Rueckversicherungs-Gesellschaft AG (A)		802
		Italy — 7.3%
	121	Intesa Sanpaolo (A)		960
	183	UniCredito Italiano S.p.A. (A)		1,574
				2,534
		Japan — 1.5%
	167	Shinsei Bank Ltd. (A)		541
		Liechtenstein — 2.2%
	3	Verwalt & Privat-Bank AG (A)		779
		Netherlands — 8.1%
	40	Aegon N.V. (A)		822
	33	ING Groep N.V. (A)		1,496
	21	SNS Reaal (A)		517
				2,835
		Norway — 1.2%
	29	Sparebanken Midt-Norge (A)		411
		South Africa — 1.9%
	120	African Bank Investments, Ltd. (A)		671
		Switzerland — 11.3%
	21	Julius Baer Holding Ltd. (A)		1,849
	12	Paris RE Holdings Ltd. (D)		287
	1	Swiss Life Holding (A)		379
	27	UBS AG (A)		1,424
				3,939
		United Kingdom — 13.2%
	182	Aberdeen Asset Management plc (A)		777
	101	Invesco plc (A)		1,543
	48	Lloyds TSB Group plc (A)		544
	289	Old Mutual plc (A)		1,111
	16	Standard Chartered plc (A)		631
				4,606
		United States — 29.0%
	11	ACE Ltd.		691
	2	Alleghany Corp. (D)		761
	29	Bank of America Corp.		1,391
	22	Capital One Financial Corp.		1,417
	34	Citigroup, Inc.		1,420
	12	Citizens Republic Bancorp, Inc.		180
	17	Commerce Bancorp, Inc.		705
	63	Discover Financial Services		1,206
	36	E*Trade Financial Corp. (D)(G)		400
	20	Popular, Inc.		210
	47	Sterling Financial Corp.		866
	19	Unum Group		450
	12	Webster Financial Corp.		420
				10,117
		Total common stock (cost $29,359)	$	32,971
PREFERRED STOCK — 1.9%
		Brazil — 1.9%
	23	Banco Itau Holding	$	655
		Total preferred stock (cost $458)	$	655
		Total long-term investments (cost $29,817)	$	33,626
Principal
Amount
SHORT-TERM INVESTMENTS — 5.0%
		Repurchase Agreements — 4.0%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $477, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $486)
$	477	4.94% dated 10/31/2007	$	477
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $122, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $124)
	122	4.94% dated 10/31/2007		122
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $122, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $124)
	122	4.94% dated 10/31/2007		122
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1, collateralized by U.S. Treasury Note 2.63%, 2008, value of $1)
	1	4.94% dated 10/31/2007		1

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

­ ­  154  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $265, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $271)
$	265	4.94% dated 10/31/2007			$	265
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $313, collateralized by FNMA 6.00%, 2036 — 2037, value of $319)
	313	4.94% dated 10/31/2007				313
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $81, collateralized by FNMA 6.00%, 2036 — 2037, value of $83)
	81	4.94% dated 10/31/2007				81
						1,381
Shares
		Securities Purchased with Proceeds from Security Lending — 1.0%
		Cash Collateral Reinvestment Fund:
	363	Mellon GSL DBT II Collateral Fund				362
		Total short-term investments (cost $1,743)			$	1,743
		Total investments (cost $31,560) (C)	101.4	%	$	35,369
		Other assets and liabilities	(1.4	)%		(476	)
		Total net assets	100.0	%	$	34,893

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 67.37% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $31,698 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	4,537
Unrealized Depreciation		(866	)
Net Unrealized Appreciation	$	3,671

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $19,087, which represents 54.70% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	25	$	25		11/05/07	$	—

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Agencies, Brokerages, Other Insurance Act.		5.0	%
Commercial Banking		9.8
Consumer Lending		1.9
Depository Credit Banking		22.9
Insurance Carriers		17.1
International Trade Financing (Foreign Banks)		20.1
Nondepository Credit Banking		7.5
Other Financial Investment Activities		4.9
Real Estate Credit (Mortgage Banking)		1.7
Securities, Commodities and Brokerage		5.5
Short-Term Investments		5.0
Other Assets and Liabilities		(1.4	)
Total		100.0	%

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

­ ­  155  ­ ­

The Hartford Global Growth Fund (formerly The Hartford Global Leaders Fund)

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.4%
		Austria — 1.1%
	113	Erste Bank Der Oesterreichischen Sparkassen AG (A)	$	9,234
		Bermuda — 0.9%
	337	Seadrill Ltd. (A)(D)		8,078
		Brazil — 2.1%
	463	Companhia Vale do Rio Doce ADR		17,453
		Canada — 4.5%
	187	Cameco Corp. #		9,162
	108	Research In Motion Ltd. (D)		13,472
	137	Suncor Energy, Inc.		15,036
				37,670
		China — 4.8%
	103	Alibaba.com Ltd. (D)(Q)		180
	2,483	China Communications Construction Co., Ltd. (A)		7,879
	2,035	China Merchants Bank Co., Ltd. (A)		10,490
	153	Focus Media Holding Ltd. ADR (D)(G)		9,498
	207	Suntech Power Holdings Co., Ltd. ADR (D)(G)		12,184
				40,231
		Finland — 1.8%
	384	Nokia Corp.		15,241
		France — 5.5%
	94	Accor S.A. (A)		9,024
	57	Alstom RGPT (A)		13,423
	42	Pinault-Printemps-Redoute S.A. (A)		8,394
	176	Veolia Environment S.A. (A)		15,740
				46,581
		Germany — 4.5%
	316	Arcandor AG (A)(D)		10,187
	46	Daimler AG (A)		5,016
	66	Deutsche Boerse AG (A)		10,320
	90	Siemens AG (A)		12,200
				37,723
		Greece — 1.0%
	124	National Bank of Greece (A)		8,690
		Hong Kong — 0.8%
	362	Sun Hung Kai Properties Ltd. (A)		6,918
		Ireland — 2.2%
	412	Elan Corp. plc ADR (D)(G)		9,810
	172	Ryanair Holdings plc ADR (D)(G)		8,451
				18,261
		Japan — 5.0%
	2	Japan Tobacco, Inc. (A)		9,174
	31	Nintendo Co., Ltd. (A)		19,751
	168	Sumco Corp. (A)		6,146
	192	Sumitomo Realty & Development Co., Ltd. (A)		6,777
				41,848
		Luxembourg — 1.7%
	121	Millicom International Cellular S.A. (D)		14,203
		Mexico — 1.0%
	126	America Movil S.A.B. de C.V. ADR		8,246
		Netherlands — 1.0%
	239	ASML Holding N.V. (A)		8,306
		South Korea — 1.1%
	90	LG Electronics, Inc. (A)(D)		9,486
		Spain — 1.3%
	213	Gamesa Corporacion Tecnologica S.A. (A)		10,818
		Switzerland — 4.7%
	440	ABB Ltd. (A)		13,312
	157	Julius Baer Holding Ltd. (A)		13,670
	28	Nestle S.A. (A)		13,135
				40,117
		Taiwan — 1.3%
	1,447	Hon Hai Precision Industry Co., Ltd. (A)		11,095
		United Kingdom — 10.0%
	272	BHP Billiton plc (A)		10,456
	1,104	Invesco plc (A)		16,901
	1,382	Man Group plc (A)		16,981
	234	Reckitt Benckiser Group plc (A)		13,619
	1,201	Tesco plc (A)		12,217
	196	Xstrata plc (A)		14,108
				84,282
		United States — 41.1%
	395	Activision, Inc. (D)		9,342
	182	American Tower Corp. Class A (D)		8,028
	73	Apple, Inc. (D)		13,847
	113	Boeing Co.		11,180
	217	Broadcom Corp. Class A (D)		7,063
	119	Celgene Corp. (D)		7,841
	576	Cisco Systems, Inc. (D)		19,043
	208	Cognizant Technology Solutions Corp. (D)		8,607
	496	Comcast Corp. Class A (D)(G)		10,439
	436	Corning, Inc.		10,587
	143	Danaher Corp. (G)		12,285
	77	Diamond Offshore Drilling, Inc.		8,685
	336	Electronic Arts, Inc. (D)(G)		20,518
	78	Eli Lilly & Co.		4,213
	136	General Dynamics Corp.		12,398
	217	Gilead Sciences, Inc. (D)		10,023
	37	Goldman Sachs Group, Inc.		9,223
	41	Google, Inc. (D)		29,200
	165	Hewlett-Packard Co.		8,527
	110	Las Vegas Sands Corp. (D)(G)		14,664
	304	MetroPCS Communications, Inc. (D)		6,842
	294	MF Global Ltd. (D)(G)		8,697
	176	Monsanto Co.		17,193
	637	Oracle Corp. (D)		14,113
	99	Praxair, Inc.		8,471
	202	Qualcomm, Inc.		8,644
	407	Schering-Plough Corp.		12,409
	144	Schlumberger Ltd.		13,906
	251	St. Jude Medical, Inc. (D)		10,219
	153	Ultra Petroleum Corp. (D)(G)		10,820
				347,027
		Total common stock (cost $570,440)	$	821,508

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

­ ­  156  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 9.6%
		Repurchase Agreements — 1.9%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $5,674, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $5,787)
$	5,673	4.94% dated 10/31/2007			$	5,673
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,452, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $1,481)
	1,452	4.94% dated 10/31/2007				1,452
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,452, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $1,481)
	1,452	4.94% dated 10/31/2007				1,452
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $7, collateralized by U.S. Treasury Note 2.63%, 2008, value of $7)
	7	4.94% dated 10/31/2007				7
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,161, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $3,224)
	3,161	4.94% dated 10/31/2007				3,161
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,728, collateralized by FNMA 6.00%, 2036 — 2037, value of $3,802)
	3,727	4.94% dated 10/31/2007				3,727
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $968, collateralized by FNMA 6.00%, 2036 — 2037, value of $988)
	968	4.94% dated 10/31/2007				968
						16,440
Shares
		Securities Purchased with Proceeds from Security Lending — 7.7%
		Cash Collateral Reinvestment Fund:
	64,595	Mellon GSL DBT II Collateral Fund			$	64,543
		Total short-term investments (cost $80,983)			$	80,983
		Total investments (cost $651,423) (C)	107.0	%	$	902,491
		Other assets and liabilities	(7.0	)%		(59,315	)
		Total net assets	100.0	%	$	843,176

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 56.27% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $651,991 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	252,488
Unrealized Depreciation		(1,988	)
Net Unrealized Appreciation	$	250,500

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $341,545, which represents 40.51% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $182.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Buy)	$	2,191	$	2,184		11/01/07	$	7
Hong Kong Dollar (Buy)		182		182		11/06/07		—
Japanese Yen (Sell)		110		111		11/01/07		1
Japanese Yen (Sell)		316		317		11/02/07		1
Japanese Yen (Sell)		299		300		11/05/07		1
							$	10

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		7.1	%
Capital Goods		4.2
Consumer Cyclical		8.6
Consumer Staples		4.3
Energy		6.7
Finance		14.0
Health Care		8.5
Services		6.2
Technology		32.0
Transportation		2.5
Utilities		3.3
Short-Term Investments		9.6
Other Assets and Liabilities		(7.0	)
Total		100.0	%

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

­ ­  157  ­ ­

The Hartford Global Health Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.4%
		Data Processing Services — 0.4%
	156	IMS Health, Inc.	$	3,938
		Drugs & Druggists Sundries Wholesalers — 2.1%
	132	Cardinal Health, Inc.		8,953
	171	McKesson Corp.		11,276
				20,229
		Electromedical Manufacturing — 7.5%
	308	Beckman Coulter, Inc.		21,827
	1,055	Medtronic, Inc.		50,040
				71,867
		General Medical and Surgical Hospitals — 1.5%
	1,295	Health Management Associates, Inc. Class A		8,560
	125	Universal Health Services, Inc. Class B		6,094
				14,654
		Health and Personal Care Stores — 1.0%
	181	Longs Drug Stores Corp.		9,520
		Insurance Carriers — 7.9%
	348	Aetna, Inc.		19,547
	331	Health Net, Inc. (D)(G)		17,723
	389	UnitedHealth Group, Inc.		19,108
	242	Wellpoint, Inc. (D)		19,150
				75,528
		Medical and Diagnostic Laboratories — 0.7%
	318	DiaSorin S.p.A. (D)		6,360
		Medical Equipment & Supplies Manufacturing — 6.7%
	167	Becton, Dickinson & Co.		13,963
	360	Fresenius Medical Care AG ADR		19,000
	456	St. Jude Medical, Inc. (D)		18,552
	55	Synthes, Inc. (A)		6,869
	305	Volcano Corp. (D)		5,218
				63,602
		Other Ambulatory Health Care Services — 0.2%
	69	Odontoprev S.A.		2,173
		Pharmaceutical & Medicine Manufacturing — 58.9%
	1,132	Abbott Laboratories		61,824
	351	Amylin Pharmaceuticals, Inc. (D)(G)		15,793
	578	Astellas Pharma, Inc. (A)		25,640
	460	AstraZeneca plc ADR		22,571
	150	AtheroGenics, Inc. (D)(G)		243
	208	Barr Pharmaceuticals, Inc. (D)(G)		11,911
	512	Bristol-Myers Squibb Co.		15,355
	255	Cephalon, Inc. (D)(G)		18,807
	989	Cytokinetics, Inc. (D)(G)		4,896
	950	Daiichi Sankyo Co., Ltd. (A)(G)		27,005
	603	Eisai Co., Ltd. (A)		25,298
	951	Elan Corp. plc ADR (D)		22,641
	334	Eli Lilly & Co.		18,070
	363	Forest Laboratories, Inc. (D)		14,163
	586	Gilead Sciences, Inc. (D)		27,058
	150	H. Lundbeck A/S (A)(G)		4,314
	317	Hospira, Inc. (D)(G)		13,085
		Pharmaceutical & Medicine Manufacturing — (continued)
	138	Ipsen (A)		7,900
	228	Laboratorios Admiral S.A. (D)		5,533
	720	MGI Pharma, Inc. (D)(G)		23,451
	124	NPS Pharmaceuticals, Inc. (D)(G)		564
	245	OSI Pharmaceuticals, Inc. (D)(G)		10,193
	261	PharMerica Corp. (D)(G)		4,158
	143	Profarma Distribuidora (D)		2,776
	830	Progenics Pharmaceuticals, Inc. (D)(G)		19,214
	646	Sanofi-Aventis S.A. ADR		28,444
	1,913	Schering-Plough Corp.		58,370
	1,333	Shionogi & Co., Ltd. (A)		22,717
	302	Teva Pharmaceutical Industries Ltd. ADR		13,273
	327	UCB S.A. (A)(G)		19,222
	326	Vertex Pharmaceuticals, Inc. (D)(G)		10,533
	193	Wyeth		9,376
				564,398
		Professional Services — Computer System Design and Related — 0.9%
	383	Eclipsys Corp. (D)(G)		8,652
		Scientific Research & Development Services — 9.6%
	206	American Oriental Bioengineering, Inc. (D)		2,830
	830	Applera Corp. — Celera Group (D)		13,532
	505	CV Therapeutics, Inc. (D)(G)		5,170
	509	Exelixis, Inc. (D)(G)		5,595
	1,334	Human Genome Sciences, Inc. (D)(G)		12,623
	378	Incyte Corp. (D)(G)		3,276
	399	Medicines Co. (D)(G)		7,637
	1,934	Millennium Pharmaceuticals, Inc. (D)(G)		22,861
	281	Regeneron Pharmaceuticals, Inc. (D)(G)		6,189
	667	Vermillion, Inc. (D)(G)		667
	15	WuXi PharmaTech Cayman, Inc. (D)(G)		589
	831	Zymogenetics, Inc. (D)(G)		11,178
				92,147
		Total common stock (cost $820,229)	$	933,068
Principal
Amount
SHORT-TERM INVESTMENTS — 18.0%
		Repurchase Agreements — 3.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $10,883, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $11,100)
$	10,882	4.94% dated 10/31/2007	$	10,882
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,786, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $2,841)
	2,785	4.94% dated 10/31/2007		2,785

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

­ ­  158  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,787, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $2,841)
$	2,786	4.94% dated 10/31/2007			$	2,786
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $13, collateralized by U.S. Treasury Note 2.63%, 2008, value of $13)
	13	4.94% dated 10/31/2007				13
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $6,064, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $6,184)
	6,063	4.94% dated 10/31/2007				6,063
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $7,150, collateralized by FNMA 6.00%, 2036 — 2037, value of $7,292)
	7,149	4.94% dated 10/31/2007				7,149
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,857, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,894)
	1,857	4.94% dated 10/31/2007				1,857
						31,535
Shares
		Securities Purchased with Proceeds from Security Lending — 14.7%
		Cash Collateral Reinvestment Fund:
	140,294	Navigator Prime Portfolio				140,294
Principal
Amount
		Federal Home Loan Mortgage Corporation Collateral Securities:
		Federal Home Loan Mortgage Corp.
$	—	4.75%, 11/26/2007				—
		Federal National Mortgage Association Collateral Securities:
		Federal National Mortgage Association
	—	4.44%, 11/14/2007				—
	—	4.32%, 03/03/2008				—
Principal					Market
Amount					Value (W)
Principal					Market
Amount					Value (W)
		Federal Home Loan Bank
	—	3.75%, 08/13/2008				—
	—	4.36%, 09/10/2009				—
	1	4.41%, 01/25/2008				1
	—	4.44%, 11/14/2007 — 12/21/2008				—
	—	4.46%, 11/21/2007				—
	—	4.57%, 02/15/2008				—
	25	4.75%, 11/26/2007				25
						26
		U.S. Treasury Collateral Securities:
		U.S. Treasury Bond
	—	2.38%, 01/15/2025 — 01/15/2027 (O)				—
	—	3.38%, 04/15/2032 (O)				—
	663	3.88%, 04/15/2029 (O)				1,079
	—	7.00%, 02/15/2023				—
		U.S. Treasury Note
	1	1.63%, 01/15/2015 (O)				1
	—	1.88%, 07/15/2015 (O)				—
		U.S. Treasury Note
	—	2.00%, 01/15/2014 — 01/15/2016 (O)				—
	1	2.38%, 04/15/2011 — 01/15/2017 (O)				1
	—	3.88%, 01/15/2009 (O)				—
						1,081
						141,401
		Total short-term investments (cost $172,936)			$	172,936
		Total investments (cost $993,165) (C)	115.4	%	$	1,106,004
		Other assets and liabilities	(15.4	)%		(147,463	)
		Total net assets	100.0	%	$	958,541

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 27.37% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $994,610 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	133,023
Unrealized Depreciation		(21,629	)
Net Unrealized Appreciation	$	111,394

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $138,965, which represents 14.50% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.

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

­ ­  159  ­ ­

The Hartford Global Health Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Buy)	$	515	$	514		11/02/07	$	1
Japanese Yen (Buy)		3,945		3,954		11/05/07		(9	)
							$	(8	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Belgium		2.0	%
Brazil		0.5
China		0.1
Denmark		0.4
France		3.8
Germany		2.0
Ireland		2.4
Israel		1.4
Italy		0.7
Japan		10.5
Spain		0.6
Switzerland		0.7
United Kingdom		2.3
United States		70.0
Short-Term Investments		18.0
Other Assets and Liabilities		(15.4	)
Total		100.0	%

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

­ ­  160  ­ ­

The Hartford Global Technology Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 95.1%
		Activities Related to Credit Banking — 2.6%
	93	Western Union Co.	$	2,050
		Business Support Services — 1.1%
	25	Iron Mountain, Inc. (D)(G)		870
		Communications Equipment — 10.1%
	109	Cisco Systems, Inc. (D)		3,597
	20	Nokia Corp.		794
	85	Qualcomm, Inc.		3,624
				8,015
		Computer and Peripheral — 20.0%
	11	Apple, Inc. (D)#		2,070
	77	Hewlett-Packard Co.		3,979
	394	Hon Hai Precision Industry Co., Ltd. (A)		3,020
	41	International Business Machines Corp.		4,715
	66	Network Appliance, Inc. (D)		2,091
				15,875
		Electrical Equipment Manufacturing — Component Other — 4.0%
	15	CommScope, Inc. (D)		693
	102	Corning, Inc.		2,471
				3,164
		Employment Services — 2.6%
	16	Manpower, Inc.		1,166
	29	Robert Half International, Inc.		885
				2,051
		Industrial Machinery — 1.3%
	23	Varian Semiconductor Equipment Associates, Inc. (D)		1,068
		Industrial Machinery and Equipment Rental and Leasing — 0.7%
	31	Comverse Technology, Inc. (D)		588
		Internet Providers & Web Search Port — 0.7%
	85	Telecity Group plc (D)		571
		Internet Publishing and Broadcasting — 1.3%
	9	Equinix, Inc. (D)(G)		1,038
		Management, Scientific, and Technical Consulting Services — 2.5%
	29	Accenture Ltd. Class A		1,148
	20	Monster Worldwide, Inc. (D)		816
				1,964
		On-Line Information Services — 9.4%
	11	Google, Inc. (D)		7,476
		Professional & Commercial Equipment — 2.0%
	76	Ingram Micro, Inc. (D)		1,616
		Professional Services — Accounting, Tax Prep, Payroll — 0.2%
	5	Paychex, Inc.		192
		Professional Services — Computer System Design and Related — 4.5%
	40	Automatic Data Processing, Inc.		1,957
	19	DST Systems, Inc. (D)(G)		1,635
				3,592
		Securities and Commodity Exchanges — 0.0%
	—	Mercadolibre, Inc. (D)		9
		Securities, Commodities and Brokerage — 0.0%
	10	Alibaba.com Ltd. (D)(Q)		17
		Semiconductor, Electronic Component Manufacturing — 15.2%
	67	Applied Materials, Inc.		1,309
	53	ASML Holding N.V. (A)		1,840
	13	Austriamicrosystems (D)		730
	96	Intel Corp.		2,572
	74	JDS Uniphase Corp. (D)(G)		1,131
	49	Lam Research Corp. (D)(G)		2,480
	51	Maxim Integrated Products, Inc.		1,387
	29	S.O.I. Tec S.A. (A)(D)		565
	6	Trident Microsystems, Inc. (D)		45
				12,059
		Semiconductor, Electronic Components — 1.5%
	58	Fairchild Semiconductor International, Inc. (D)		1,058
	10	ON Semiconductor Corp. (D)		100
				1,158
		Software Publishers — 14.7%
	18	Activision, Inc. (D)		419
	84	Brocade Communications Systems, Inc. (D)		798
	66	Electronic Arts, Inc. (D)		4,040
	8	F5 Networks, Inc. (D)		288
	109	Microsoft Corp.		4,020
	31	Oracle Corp. (D)		681
	50	Red Hat, Inc. (D)(G)		1,073
	13	Temenos Group AG (A)(D)		356
				11,675
		Wireless Communications Services — 0.7%
	84	Sonus Networks, Inc. (D)(G)		578
		Total common stock (cost $63,440)	$	75,626
EXCHANGE TRADED FUNDS — 2.8%
		Other Investment Pools and Funds — 2.8%
	34	Ishares Goldman Sachs Tech I Index Fund	$	2,187
		Total exchange traded funds (cost $2,109)	$	2,187
		Total long-term investments (cost $65,549)	$	77,813

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

­ ­  161  ­ ­

The Hartford Global Technology Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 10.6%
		Repurchase Agreements — 2.2%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $613, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $626)
$	613	4.94% dated 10/31/2007			$	613
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $157, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $160)
	157	4.94% dated 10/31/2007				157
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $157, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $160)
	157	4.94% dated 10/31/2007				157
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1, collateralized by U.S. Treasury Note 2.63%, 2008, value of $1)
	1	4.94% dated 10/31/2007				1
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $342, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $349)
	342	4.94% dated 10/31/2007				342
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $403, collateralized by FNMA 6.00%, 2036 — 2037, value of $411)
	403	4.94% dated 10/31/2007				403
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $105, collateralized by FNMA 6.00%, 2036 — 2037, value of $107)
	105	4.94% dated 10/31/2007				105
						1,778
Shares
		Securities Purchased with Proceeds from Security Lending — 8.4%
		Cash Collateral Reinvestment Fund:
	6,635	BNY Institutional Cash Reserve Fund				6,635
		Total short-term investments (cost $8,413)			$	8,413
		Total investments (cost $73,962) (C)	108.5	%	$	86,226
		Other assets and liabilities	(8.5	)%		(6,737	)
		Total net assets	100.0	%	$	79,489

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 9.93% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $74,323 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	13,235
Unrealized Depreciation		(1,332	)
Net Unrealized Appreciation	$	11,903

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $5,781, which represents 7.27% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $17.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Buy)	$	45	$	45		11/02/07	$	—
Hong Kong Dollar (Buy)		17		17		11/06/07		—
Swiss Franc (Sell)		44		44		11/05/07		—
							$	—

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  162  ­ ­

The Hartford Growth Allocation Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.9%
EQUITY FUNDS — 80.3%
	4,327	The Hartford Capital Appreciation Fund, Class Y			$	213,000
	1,989	The Hartford Disciplined Equity Fund, Class Y				30,690
	2,795	The Hartford Equity Income Fund, Class Y				42,562
	2,308	The Hartford Global Growth Fund, Class Y				60,435
	955	The Hartford Growth Opportunities Fund, Class Y				37,662
	2,093	The Hartford International Opportunities Fund, Class Y				47,046
	2,489	The Hartford International Small Company Fund, Class Y				45,456
	1,653	The Hartford Select MidCap Value Fund, Class Y				20,184
	3,568	The Hartford Select SmallCap Value Fund, Class Y				42,106
	1,373	The Hartford Small Company Fund, Class Y				35,693
	2	The Hartford Stock Fund, Class Y				54
	9,798	The Hartford Value Fund, Class Y				138,059
		Total equity funds (cost $580,177)			$	712,947
FIXED INCOME FUNDS — 19.6%
	677	The Hartford Income Fund, Class Y			$	6,855
	2,780	The Hartford Inflation Plus Fund, Class Y				29,717
	5,065	The Hartford Short Duration Fund, Class Y				49,689
	8,206	The Hartford Total Return Bond Fund, Class Y				87,308
		Total fixed income funds (cost $174,172)			$	173,569
		Total investments in affiliated investment companies (cost $754,349) (C)	99.9	%	$	886,516
		Other assets and liabilities	0.1	%		930
		Total net assets	100.0	%	$	887,446

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $754,529 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	133,504
Unrealized Depreciation		(1,517	)
Net Unrealized Appreciation	$	131,987

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  163  ­ ­

The Hartford Growth Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.9%
		Basic Materials — 8.0%
	291	Agrium, Inc.	$	18,505
	332	Cameco Corp.		16,292
	495	Companhia Vale do Rio Doce ADR		18,658
	165	Freeport McMoRan Copper & Gold, Inc.		19,396
	91	Potash Corp. of Saskatchewan		11,195
	279	Vedanta Resources plc (A)		12,822
				96,868
		Capital Goods — 6.2%
	724	ABB Ltd. ADR		21,879
	199	Boeing Co.		19,611
	48	Deere & Co.		7,413
	246	Gamesa Corporacion Tecnologica S.A. (A)		12,517
	170	Parker-Hannifin Corp.		13,662
				75,082
		Consumer Cyclical — 5.8%
	308	American Eagle Outfitters, Inc.		7,329
	180	Coach, Inc. (D)		6,599
	98	Foster Wheeler Ltd. (D)		14,555
	296	Kohl’s Corp. (D)		16,250
	322	NIKE, Inc. Class B		21,309
	187	Staples, Inc.		4,369
				70,411
		Consumer Staples — 2.0%
	25	Nestle S.A. (A)		11,367
	82	PepsiCo, Inc.		6,009
	93	Procter & Gamble Co.		6,465
				23,841
		Energy — 6.7%
	205	ConocoPhillips Holding Co.		17,425
	37	Diamond Offshore Drilling, Inc.		4,214
	220	EOG Resources, Inc.		19,523
	187	Halliburton Co.		7,377
	206	Transocean, Inc. (D)		24,545
	121	Ultra Petroleum Corp. (D)		8,593
				81,677
		Finance — 8.4%
	333	Banco Itau Holding Financeira S.A.		9,509
	19	CME Group, Inc.		12,819
	134	Franklin Resources, Inc.		17,416
	80	Goldman Sachs Group, Inc.		19,772
	553	Invesco plc ADR (G)		16,966
	471	MF Global Ltd. (D)		13,914
	563	Western Union Co.		12,415
				102,811
		Health Care — 9.4%
	296	Abbott Laboratories		16,171
	414	Elan Corp. plc ADR (D)		9,858
	150	Gilead Sciences, Inc. (D)		6,930
	349	Merck & Co., Inc.		20,303
	176	Monsanto Co.		17,145
	855	Schering-Plough Corp.		26,091
	290	Teva Pharmaceutical Industries Ltd. ADR		12,743
	153	Vertex Pharmaceuticals, Inc. (D)		4,945
				114,186
		Services — 12.6%
	467	Accenture Ltd. Class A		18,236
	297	Apollo Group, Inc. Class A (D)(G)		23,540
	222	Autodesk, Inc. (D)		10,868
	291	Automatic Data Processing, Inc.		14,441
	605	Cadence Design Systems, Inc. (D)		11,866
	270	Cognizant Technology Solutions Corp. (D)		11,188
	74	Equifax, Inc. (D)		2,861
	136	Fluor Corp.		21,510
	308	Focus Media Holding Ltd. ADR (D)(G)		19,070
	263	Manpower, Inc.		19,622
				153,202
		Technology — 35.0%
	168	Adobe Systems, Inc. (D)		8,031
	689	Altera Corp.		13,509
	134	America Movil S.A.B. de C.V. ADR		8,767
	143	Apple, Inc. (D)		27,163
	284	AT&T, Inc.		11,863
	1,362	Cisco Systems, Inc. (D)		45,024
	266	Danaher Corp.		22,824
	356	Electronic Arts, Inc. (D)		21,784
	58	Google, Inc. (D)		41,303
	415	Hewlett-Packard Co.		21,439
	671	Intel Corp.		18,053
	98	International Business Machines Corp.		11,370
	411	Linear Technology Corp.		13,578
	334	McAfee, Inc. (D)(G)		13,800
	401	MetroPCS Communications, Inc. (D)(G)		9,017
	343	Microsoft Corp.		12,624
	424	Network Appliance, Inc. (D)(G)		13,349
	205	NII Holdings, Inc. Class B (D)		11,909
	259	Nokia Corp.		10,294
	1,918	Oracle Corp. (D)		42,528
	283	Qualcomm, Inc.		12,104
	132	Siemens AG		17,937
	955	Symantec Corp. (D)		17,929
				426,199
		Transportation — 2.7%
	368	General Dynamics Corp.		33,481
		Utilities — 1.1%
	227	Suntech Power Holdings Co., Ltd. ADR (D)(G)		13,357
		Total common stock (cost $945,403)	$	1,191,115
Principal
Amount
SHORT-TERM INVESTMENTS — 7.1%
		Repurchase Agreements — 1.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $4,785, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $4,880)
$	4,784	4.94% dated 10/31/2007	$	4,784
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,225, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $1,249)
	1,225	4.94% dated 10/31/2007		1,225

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

­ ­  164  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,225, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $1,249)
$	1,225	4.94% dated 10/31/2007			$	1,225
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $6, collateralized by U.S. Treasury Note 2.63%, 2008, value of $6)
	5	4.94% dated 10/31/2007				5
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,666, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $2,719)
	2,666	4.94% dated 10/31/2007				2,666
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,144, collateralized by FNMA 6.00%, 2036 — 2037, value of $3,206)
	3,143	4.94% dated 10/31/2007				3,143
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $817, collateralized by FNMA 6.00%, 2036 — 2037, value of $833)
	816	4.94% dated 10/31/2007				816
						13,864
Shares
		Securities Purchased with Proceeds from Security Lending — 6.0%
		Cash Collateral Reinvestment Fund:
	63,582	Navigator Prime Portfolio				63,582
		Federal Home Loan Mortgage Corporation Collateral Securities:
		Federal Home Loan Mortgage Corp.
	4,106	4.59%, 01/25/2008				4,062
	22	4.75%, 11/26/2007				22
						4,084
		Federal National Mortgage Association Collateral Securities:
		Federal National Mortgage Association
	—	4.44%, 11/14/2007				—
	45	3.00%, 03/03/2008				44
	80	3.75%, 07/25/2008				79
	55	5.25%, 01/29/2009				56
						179
		Other Direct Federal Obligation Collateral Securities:
		Federal Home Loan Bank
	6	3.75%, 08/13/2008				6
	24	4.36%, 09/10/2009				24
	572	4.41%, 01/25/2008				566
	123	4.44%, 11/14/2007 — 12/21/2007				122
	27	4.46%, 11/21/2007				27
	—	4.57%, 02/15/2008				—
	28	5.38%, 05/01/2009				28
						773
		Securities Purchased with Proceeds from Security Lending — (continued)
					Market
Shares					Value (B)
Principal					Market
Amount					Value (B)
		U.S. Treasury Bond
$	28	2.38%, 01/15/2027 (O)			$	29
	680	3.88%, 04/15/2029 (O)				1,106
		U.S. Treasury Note
	—	0.88%, 04/15/2010 (O)				—
	284	2.00%, 07/15/2014 — 01/15/2016 (O)				298
	81	3.00%, 07/15/2012 (O)				100
	2	3.88%, 01/15/2009 (O)				2
	2,431	1.88%, 07/15/2013 (O)				2,759
						4,294
						72,912
		Total short-term investments (cost $86,776)			$	86,776
		Total investments (cost $1,032,179) (C)	105.0	%	$	1,277,891
		Other assets and liabilities	(5.0	)%		(60,733	)
		Total net assets	100.0	%	$	1,217,158

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 19.86% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $1,034,100 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	260,993
Unrealized Depreciation		(17,202	)
Net Unrealized Appreciation	$	243,791

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $36,706, which represents 3.02% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  165  ­ ­

The Hartford Growth Opportunities Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 92.4%
		Basic Materials — 12.4%
	566	Cameco Corp.	$	27,762
	788	Companhia Vale do Rio Doce ADR		29,684
	442	Consol Energy, Inc.		24,950
	194	FMC Corp.		11,181
	272	Freeport McMoRan Copper & Gold, Inc.		31,974
	989	Hercules, Inc.		18,599
	813	Jarden Corp. (D)		28,888
	1,535	Kingboard Chemical Holdings Ltd. (A)		10,079
	1,198	Mitsubishi Rayon Co., Ltd. (A)		6,798
	645	Owens-Illinois, Inc. (D)		28,629
	158	Potash Corp. of Saskatchewan		19,393
	98	Rio Tinto plc ADR (G)		36,563
				274,500
		Capital Goods — 2.1%
	295	Flowserve Corp.		23,277
	247	Kennametal, Inc. (G)		22,538
				45,815
		Consumer Cyclical — 7.2%
	314	Abercrombie & Fitch Co. Class A		24,829
	3,596	Bosideng International Holdings Ltd. (D)		1,540
	116	Crocs, Inc. (D)(G)		8,649
	742	Dick’s Sporting Goods, Inc. (D)(G)		24,774
	702	Dollar Tree Stores, Inc. (D)(G)		26,875
	70	Foster Wheeler Ltd. (D)		10,407
	1,148	Gap, Inc.		21,699
	468	Kohl’s Corp. (D)(G)		25,732
	586	Liz Claiborne, Inc.		16,670
				161,175
		Consumer Staples — 0.9%
	592	Unilever N.V. NY Shares		19,213
		Energy — 8.3%
	952	Chesapeake Energy Corp. (G)		37,565
	258	ConocoPhillips Holding Co.		21,920
	354	EOG Resources, Inc.		31,338
	454	Noble Corp.		24,045
	177	Transocean, Inc. (D)(G)		21,164
	369	Ultra Petroleum Corp. (D)		26,119
	351	XTO Energy, Inc.		23,306
				185,457
		Finance — 6.0%
	903	Aircastle Ltd.		29,166
	110	Blackrock, Inc. (G)		22,847
	822	Covanta Holding Corp. (D)		22,279
	907	Cyrela Brazil Realty S.A.		15,543
	703	Invesco plc ADR (G)		21,545
	955	Western Union Co.		21,057
				132,437
		Health Care — 12.5%
	582	Alkermes, Inc. (D)		9,430
	362	Amylin Pharmaceuticals, Inc. (D)(G)		16,293
	478	Auxilium Pharmaceuticals, Inc. (D)(G)		12,619
	296	Cephalon, Inc. (D)(G)		21,790
		Health Care — (continued)
	440	Charles River Laboratories International, Inc. (D)		25,537
	677	Daiichi Sankyo Co., Ltd. (A)		19,255
	218	Eisai Co., Ltd. (A)(G)		9,133
	764	Elan Corp. plc ADR (D)(G)		18,190
	262	Eli Lilly & Co.		14,177
	260	Luxottica Group S.p.A. (A)		9,154
	461	Merck & Co., Inc.		26,840
	384	Pharmaceutical Product Development, Inc.		16,237
	1,200	Schering-Plough Corp.		36,633
	1,252	Shionogi & Co., Ltd. (A)		21,342
	493	St. Jude Medical, Inc. (D)		20,088
				276,718
		Services — 9.0%
	1,708	Allied Waste Industries, Inc. (D)		21,589
	979	Cadence Design Systems, Inc. (D)		19,182
	539	DreamWorks Animation SKG, Inc. (D)(G)		17,553
	73	Equifax, Inc. (D)		2,803
	615	Focus Media Holding Ltd. ADR (D)(G)		38,118
	100	Iron Mountain, Inc. (D)		3,469
	152	Manpower, Inc.		11,323
	1,051	Net Servicos de Comunicacao S.A. (G)		16,894
	1,038	Tetra Technologies, Inc. (D)		24,242
	631	Viacom, Inc. Class B (D)		26,058
	528	Waste Management, Inc.		19,218
				200,449
		Technology — 30.8%
	1,150	Activision, Inc. (D)		27,188
	721	Adobe Systems, Inc. (D)		34,550
	170	Apple, Inc. (D)		32,367
	715	Broadcom Corp. Class A (D)		23,263
	790	Cisco Systems, Inc. (D)		26,111
	503	Citrix Systems, Inc. (D)		21,628
	111	Ctrip.com International Ltd.		6,273
	579	Electronic Arts, Inc. (D)(G)		35,395
	278	Equinix, Inc. (D)(G)		32,478
	344	FLIR Systems, Inc. (D)(G)		23,852
	192	Garmin Ltd.		20,599
	90	Google, Inc. (D)		63,559
	417	Hewlett-Packard Co.		21,540
	430	Hologic, Inc. (D)		29,183
	642	McAfee, Inc. (D)		26,563
	184	MEMC Electronic Materials, Inc. (D)		13,451
	353	NII Holdings, Inc. Class B (D)(G)		20,474
	520	Nokia Corp.		20,639
	321	Nuance Communications, Inc. (D)(G)		7,095
	640	NVIDIA Corp. (D)		22,656
	1,334	O2Micro International Ltd. ADR (D)		23,153
	1,610	Oracle Corp. (D)		35,683
	653	Qualcomm, Inc.		27,898
	190	Research In Motion Ltd. (D)		23,669
	253	Telefonica S.A. ADR		25,191
	655	VeriFone Holdings, Inc. (D)(G)		32,367
	269	Verint Systems, Inc. (D)		6,756
				683,581

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

­ ­  166  ­ ­

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Utilities — 3.2%
	305	Sunpower Corp. (D)(G)			$	38,595
	560	Suntech Power Holdings Co., Ltd. ADR (D)(G)				32,961
						71,556
		Total common stock (cost $1,631,672)			$	2,050,901
Principal
Amount
SHORT-TERM INVESTMENTS — 27.6%
		Repurchase Agreements — 12.6%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $96,228, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $98,139)
$	96,215	4.94% dated 10/31/2007			$	96,215
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $24,632, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $25,121)
	24,628	4.94% dated 10/31/2007				24,628
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $24,632, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $25,121)
	24,629	4.94% dated 10/31/2007				24,629
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $111, collateralized by U.S. Treasury Note 2.63%, 2008, value of $113)
	111	4.94% dated 10/31/2007				111
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $53,615, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $54,680)
	53,608	4.94% dated 10/31/2007				53,608
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $63,222, collateralized by FNMA 6.00%, 2036 — 2037, value of $64,478)
	63,213	4.94% dated 10/31/2007				63,213
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $16,421, collateralized by FNMA 6.00%, 2036 — 2037, value of $16,750)
	16,419	4.94% dated 10/31/2007				16,419
						278,823
Principal					Market
Amount					Value (W)
					Market
Shares					Value (W)
		Securities Purchased with Proceeds from Security Lending — 15.0%
		Cash Collateral Reinvestment Fund:
	333,583	BNY Institutional Cash Reserve Fund			$	333,583
		Total short-term investments (cost $612,406)			$	612,406
		Total investments (cost $2,244,078) (C)	120.0	%	$	2,663,307
		Other assets and liabilities	(20.0	)%		(443,362	)
		Total net assets	100.0	%	$	2,219,945

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 19.32% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $2,245,878 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	435,904
Unrealized Depreciation		(18,475	)
Net Unrealized Appreciation	$	417,429

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $75,761, which represents 3.41% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Japanese Yen (Sell)	$	1,444	$	1,453		11/01/07	$	9
Japanese Yen (Sell)		2,588		2,600		11/02/07		12
Japanese Yen (Sell)		4,677		4,688		11/05/07		11
							$	32

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  167  ­ ­

The Hartford High Yield Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 1.7%
		Finance — 0.6%
		CBA Commercial Small Balance Commercial Mortgage
$	6,709	9.75%, 01/25/2039 (H)(T)	$	671
		Soundview NIM Trust
	920	8.25%, 12/25/2036 (H)		690
				1,361
		Transportation — 1.1%
		Continental Airlines, Inc.
	537	6.80%, 08/02/2018 #		516
	1,241	7.37%, 12/15/2015		1,203
	1,064	8.39%, 11/01/2020		1,069
				2,788
		Total asset & commercial mortgage backed securities (cost $4,242)	$	4,149
CORPORATE BONDS: INVESTMENT GRADE — 1.2%
		Finance — 0.2%
		Northern Rock plc
$	750	5.60%, 04/30/2049 (I)	$	600
		Services — 1.0%
		Clear Channel Communications, Inc.
	2,275	7.65%, 09/15/2010		2,309
		Total corporate bonds: investment grade (cost $2,934)	$	2,909
CORPORATE BONDS: NON-INVESTMENT GRADE — 83.9%
		Basic Materials — 11.2%
		Abitibi-Consolidated, Inc.
$	1,275	9.19%, 06/15/2011 (L)	$	1,046
		AK Steel Corp.
	1,375	7.75%, 06/15/2012		1,403
		Aleris International, Inc.
	1,375	9.00%, 12/15/2014		1,241
		Berry Plastics Holding Co.
	725	9.57%, 09/15/2014 (L)#		727
		Bowater, Inc.
	1,340	8.69%, 03/15/2010 (L)		1,226
	700	9.50%, 10/15/2012		616
		Cooper Standard Automotive
	1,040	7.00%, 12/15/2012 (G)		946
		Crown Americas, Inc.
	1,370	7.75%, 11/15/2015 (G)		1,411
		Crown Cork & Seal Co., Inc.
	660	8.00%, 04/15/2023		647
		Domtar, Inc.
	1,620	5.38%, 12/01/2013 (G)		1,474
		Freeport-McMoRan Copper & Gold, Inc.
	1,850	8.25%, 04/01/2015		1,998
		Georgia-Pacific Corp.
	1,315	7.00%, 01/15/2015 (I)		1,289
		Graham Packaging Co., Inc.
	1,180	9.88%, 10/15/2014 (G)		1,168
		Hexion Specialty Chemicals
	1,400	10.06%, 11/15/2014 (L)		1,449
		Huntsman International LLC
	1,350	7.88%, 11/15/2014		1,451
		Lyondell Chemical Co.
	1,820	8.25%, 09/15/2016		2,079
		Basic Materials — (continued)
		MacDermid, Inc.
	1,680	9.50%, 04/15/2017 (I)		1,604
		Nova Chemicals Corp.
	1,130	8.48%, 11/15/2013 (L)#		1,110
		Potlatch Corp.
	650	13.00%, 12/01/2009 (H)(L)		731
		RBS Global & Rexnord Corp.
	430	11.75%, 08/01/2016 (G)		456
		Steel Dynamics, Inc.
	1,225	7.38%, 11/01/2012 (I)		1,225
		Valmont Industries, Inc.
	725	6.88%, 05/01/2014		725
		Verso Paper Holdings LLC
	1,085	11.38%, 08/01/2016 (G)		1,150
				27,172
		Capital Goods — 1.6%
		Bausch & Lomb, Inc.
	975	9.88%, 11/01/2015 (G)(I)		1,004
		Bombardier, Inc.
	1,170	6.30%, 05/01/2014 (I)#		1,144
		L-3 Communications Corp.
	176	3.00%, 08/01/2035 (X)		213
		Transdigm, Inc.
	1,390	7.75%, 07/15/2014		1,414
				3,775
		Consumer Cyclical — 8.2%
		Alliance One International, Inc.
	860	8.50%, 05/15/2012		856
		American Axle & Manufacturing Holdings, Inc.
	960	7.88%, 03/01/2017 (G)		936
		Amerigas Partners L.P.
	1,080	7.25%, 05/20/2015 #		1,069
		Aramark Corp.
	1,200	8.86%, 02/01/2015 (L)		1,206
		Buffalo Thunder
	1,325	9.38%, 12/15/2014 (I)		1,239
		Builders FirstSource, Inc.
	865	9.81%, 02/15/2012 (G)(L)		813
		Ford Capital B.V.
	600	9.50%, 06/01/2010		604
		General Motors Corp.
	1,610	7.13%, 07/15/2013 (G)		1,493
		K. Hovnanian Enterprises, Inc.
	378	6.00%, 01/15/2010 (G)		289
	1,030	8.88%, 04/01/2012 (G)		752
		KB Home & Broad Home Corp.
	1,200	6.38%, 08/15/2011		1,137
		Levi Strauss & Co.
	635	9.75%, 01/15/2015 (G)		663
		Michaels Stores, Inc.
	945	11.38%, 11/01/2016 (G)		943
		Neiman Marcus Group, Inc.
	1,335	10.38%, 10/15/2015 (G)		1,452
		Phillips Van-Heusen Corp.
	980	7.75%, 11/15/2023		1,003
		SGS International, Inc.
	1,075	12.00%, 12/15/2013		1,131
		Stater Brothers Holdings, Inc.
	1,090	8.13%, 06/15/2012		1,101
		Tenneco, Inc.
	1,850	8.63%, 11/15/2014 (G)		1,887

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

­ ­  168  ­ ­

Principal				Market
Amount				Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
			Consumer Cyclical — (continued)
			TRW Automotive, Inc.
$	425		7.00%, 03/15/2014 (I)	$	414
	965		7.25%, 03/15/2017 (I)		940
					19,928
			Consumer Staples — 1.0%
			Appleton Papers, Inc.
	1,090		9.75%, 06/15/2014 (G)		1,085
			Constellation Brands, Inc.
	725		7.25%, 09/01/2016 (G)		730
	635		7.25%, 05/15/2017 (I)		633
					2,448
			Energy — 4.9%
			Amerigas Partners L.P.
	320		7.13%, 05/20/2016 (G)		313
			Chesapeake Energy Corp.
	596		2.75%, 11/15/2035 (X)		710
	595		6.63%, 01/15/2016		583
	1,400		7.63%, 07/15/2013 #		1,463
			Cie Gen Geophysique
	1,175		7.75%, 05/15/2017		1,210
			Cimarex Energy Co.
	850		7.13%, 05/01/2017		849
			Encore Acquisition Co.
	850		7.25%, 12/01/2017 (G)		814
			Ferrell Gas Partners L.P.
	1,120		8.75%, 06/15/2012 #		1,154
			Hilcorp Energy I L.P./Finance Co.
	960		7.75%, 11/01/2015 (I)		944
			Inergy L.P.
	1,190		8.25%, 03/01/2016		1,244
			Petrohawk Energy Corp.
	1,000		9.13%, 07/15/2013 #		1,061
			Pogo Producing Co.
	1,500		7.88%, 05/01/2013		1,530
					11,875
		��
			Finance — 13.2%
			American Real Estate Partners L.P.
	1,075		7.13%, 02/15/2013 (G)		1,048
			Atlantic Broadband Finance LLC
	1,420		9.38%, 01/15/2014 #		1,392
			Dow Jones CDX HY
	1,250		8.75%, 12/29/2012 (I)		1,241
			El Paso Performance-Linked Trust
	1,375		7.75%, 07/15/2011 (I)		1,418
			Ford Motor Credit Co.
	720		7.38%, 02/01/2011		679
	3,430		7.99%, 01/13/2012 (L)		3,175
			General Motors Acceptance Corp.
	6,550		6.88%, 09/15/2011 — 08/28/2012		5,979
			Hertz Corp.
	1,600		10.50%, 01/01/2016 (G)		1,720
			Host Marriott L.P.
	1,190		6.75%, 06/01/2016		1,190
			Hub International Holdings, Inc.
	755		10.25%, 06/15/2015 (I)		698
			LPL Holdings, Inc.
	1,790		10.75%, 12/15/2015 (H)		1,862
			LVB Acquisition Merger Sub, Inc.
	1,100		10.37%, 10/15/2017 (I)(L)		1,114
			Multiplan Corp.
	1,255		10.38%, 04/15/2016 (I)		1,283
			Finance — (continued)
			Pinnacle Foods Finance LLC
	1,355		10.63%, 04/01/2017 (G)(I)		1,263
			Rainbow National Services LLC
	810		10.38%, 09/01/2014 (I)		891
			Realogy Corp.
	990		10.50%, 04/15/2014 (G)(I)		823
	490		12.38%, 04/15/2015 (G)(I)		358
			Rental Service Corp.
	950		9.50%, 12/01/2014 (G)		913
			Residential Capital Corp.
	3,725		7.38%, 06/30/2010		2,747
			United Rentals North America, Inc.
	800		7.00%, 02/15/2014		848
			Universal City Florida
	525		10.11%, 05/01/2010 (G)(L)		537
			Yankee Acquisition Corp
	990		9.75%, 02/15/2017 (G)		916
					32,095
			Health Care — 4.3%
			Community Health Systems, Inc.
	1,345		8.88%, 07/15/2015 (I)		1,362
			HCA, Inc.
	2,065		9.25%, 11/15/2016 #		2,173
			HMH Holdings, Inc.
	743		11.97%, 06/15/2014 (I)(L)		739
			IASIS Healthcare Capital Corp.
	1,430		8.75%, 06/15/2014		1,444
			Invacare Corp.
	1,390		9.75%, 02/15/2015		1,414
			National Mentor Holdings, Inc.
	645		11.25%, 07/01/2014		684
			Rite Aid Corp.
	650		7.50%, 03/01/2017		605
	1,500		9.50%, 06/15/2017 (I)		1,388
			Skilled Healthcare Group, Inc.
	650		11.00%, 01/15/2014		707
			��
					10,516
			Services — 16.0%
			Affinion Group, Inc.
	1,415		11.50%, 10/15/2015		1,475
			Allied Waste North America, Inc.
	1,850		6.88%, 06/01/2017 (G)		1,850
			AMC Entertainment, Inc.
	920		11.00%, 02/01/2016 (G)		996
			Cablevision Systems Corp.
	850		8.00%, 04/15/2012		831
			CSC Holdings, Inc.
	1,850		7.63%, 04/01/2011 #		1,845
			Dex Media West LLC, Inc.
	1,785		8.00%, 11/15/2013 #		1,790
	1,800		9.88%, 08/15/2013 #		1,919
			DirecTV Holdings LLC
	825		6.38%, 06/15/2015		796
	550		8.38%, 03/15/2013		575
			Echostar DBS Corp.
	950		6.63%, 10/01/2014		969
			Education Management LLC
	1,120		10.25%, 06/01/2016 (G)		1,176
			Harland Clarke Holdings
	1,230		9.50%, 05/15/2015 (G)		1,119
			Harrah’s Operating Co., Inc.
	1,200		5.63%, 06/01/2015		930

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

­ ­  169  ­ ­

The Hartford High Yield Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Services — (continued)
		Idearc, Inc.
$	1,375	8.00%, 11/15/2016	$	1,379
		Knowledge Learning Center, Inc.
	1,020	7.75%, 02/01/2015 (I)		997
		Liberty Media Corp.
	1,215	8.25%, 02/01/2030 (G)		1,194
		MGM Mirage, Inc.
	780	6.75%, 09/01/2012		768
	2,085	7.50%, 06/01/2016		2,072
		MTR Gaming Group, Inc.
	750	9.00%, 06/01/2012		750
		Pinnacle Entertainment, Inc.
	1,095	7.50%, 06/15/2015 (I)		1,057
		Pokagon Gaming Authority
	1,030	10.38%, 06/15/2014 (I)		1,138
		Quebecor Media
	1,200	7.75%, 03/15/2016 (I)		1,158
		Quebecor World Capital Corp.
	1,200	8.75%, 03/15/2016 (I)		1,110
		Reader’s Digest Association, Inc.
	1,055	9.00%, 02/15/2017 (I)		940
		Sheridan Group, Inc.
	1,200	10.25%, 08/15/2011		1,230
		Sirius Satellite Radio, Inc.
	1,350	9.63%, 08/01/2013		1,342
		Station Casinos, Inc.
	1,300	7.75%, 08/15/2016		1,273
		SunGard Data Systems, Inc.
	1,935	10.25%, 08/15/2015 (G)		2,017
		TL Acquisitions, Inc.
	1,125	10.50%, 01/15/2015 (I)		1,119
		Unisys Corp.
	1,420	7.88%, 04/01/2008		1,413
		West Corp.
	1,300	9.50%, 10/15/2014		1,336
		Wynn Las Vegas LLC
	390	6.62%, 12/01/2014		383
				38,947
		Technology — 14.2%
		Advanced Micro Devices, Inc.
	1,325	7.75%, 11/01/2012 (G)		1,226
		Broadview Networks Holdings, Inc.
	1,050	11.38%, 09/01/2012 (I)		1,113
		Canwest MediaWorks L.P.
	1,300	9.25%, 08/01/2015 (G)(I)		1,319
		CCH I Holdings LLC
	1,400	10.00%, 05/15/2014 (G)		1,141
		Charter Communications Operating LLC
	1,655	8.00%, 04/30/2012 (I)		1,643
		Citizens Communications Co.
	1,370	7.88%, 01/15/2027		1,346
		Dobson Cellular Systems
	905	8.38%, 11/01/2011		959
		Freescale Semiconductor, Inc.
	700	9.13%, 12/15/2014		634
	595	9.57%, 12/15/2014 (L)		547
	1,265	10.13%, 12/15/2016 (G)		1,146
		General Cable Corp.
	1,015	7.61%, 04/01/2015 (L)		1,002
		Intelsat Bermuda Ltd.
	2,500	11.25%, 06/15/2016		2,687
		IPCS, Inc.
	850	7.48%, 05/01/2013 (L)		829
		Technology — (continued)
Principal			Market
Amount (B)			Value (W)
		Leap Wireless International, Inc.
	1,125	9.38%, 11/01/2014		1,117
		Level 3 Financing, Inc.
	700	9.25%, 11/01/2014		660
	805	12.25%, 03/15/2013		861
		MagnaChip Semiconductor
	1,325	6.88%, 12/15/2011 (G)		1,146
		Mediacom LLC
	795	9.50%, 01/15/2013 (G)		795
		MetroPCS Wireless, Inc.
	1,170	9.25%, 11/01/2014 (I)		1,161
		Momentive Performance
	1,990	9.75%, 12/01/2014 (I)		1,940
		Nortel Networks Ltd.
	2,250	10.75%, 07/15/2016 (I)		2,346
		NXP B.V./NXP Funding LLC
	720	7.99%, 10/15/2013 (G)(L)		682
		Qwest Communications International, Inc.
	2,160	7.50%, 02/15/2014 #		2,187
		Rural Cellular Corp.
	960	8.62%, 06/01/2013 (I)(L)		980
		Sanmina-Sci Corp.
	1,200	8.44%, 06/15/2014 (I)(L)		1,164
		Spansion LLC
	1,200	8.75%, 06/01/2013 (I)(L)		1,137
		Wind Acquisition
EUR	680	9.75%, 12/01/2015 (I)		1,079
		Windstream Corp.
	1,650	8.63%, 08/01/2016		1,765
				34,612
		Transportation — 1.0%
		Bristow Group, Inc.
	550	7.50%, 09/15/2017 (I)		566
		Continental Airlines, Inc.
	1,240	7.03%, 06/15/2011		1,204
		PHI, Inc.
	770	7.13%, 04/15/2013 (G)		747
				2,517
		Utilities — 8.3%
		AES Corp.
	1,220	8.00%, 10/15/2017 (I)		1,231
	1,150	9.50%, 06/01/2009		1,196
		Copano Energy LLC
	820	8.13%, 03/01/2016		843
		Dynegy Holdings, Inc.
	520	7.75%, 06/01/2019 (I)		488
	1,160	8.75%, 02/15/2012 (G)		1,195
		Edison Mission Energy
	1,200	7.20%, 05/15/2019 (I)		1,173
	1,090	7.50%, 06/15/2013		1,105
		Energy Future Holdings
	1,500	10.88%, 11/01/2017 (I)		1,517
		Markwest Energy Partners L.P.
	1,075	8.50%, 07/15/2016		1,075
		Mirant Americas Generation LLC
	600	8.30%, 05/01/2011		607
		Mirant North America LLC
	1,150	7.38%, 12/31/2013		1,166
		NRG Energy, Inc.
	880	7.25%, 02/01/2014		880
	2,570	7.38%, 02/01/2016		2,564

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

­ ­  170  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Utilities — (continued)
		Reliant Energy, Inc.
$	1,225	6.75%, 12/15/2014	$	1,246
	1,200	7.63%, 06/15/2014 (G)		1,210
		Texas Competitive Electric Co.
	1,500	10.25%, 11/01/2015 (I)		1,507
		Williams Partners L.P.
	1,160	7.25%, 02/01/2017		1,196
				20,199
		Total corporate bonds: non-investment grade (cost $206,662)	$	204,084
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 11.5%
		Capital Goods — 0.9%
		Lincoln Industries Corp.
$	800	11.49%, 01/10/2015 (N)	$	792
		Rexnord Holdings, Inc.
	877	13.33%, 03/01/2013 (N)		776
		Targus Group International
	537	8.87%, 11/22/2012 (N)		500
				2,068
		Consumer Cyclical — 4.2%
		American Axle & Manufacturing Holdings, Inc.
	915	7.70%, 06/14/2012 (N)		883
		Appleseed’s Brands
	1,097	8.76%, 06/25/2013 (H)(N)		1,026
		Dollar General Corp.
	1,150	7.73%, 07/03/2014 (N)		1,104
		Ford Motor Co.
	5,207	8.70%, 12/15/2013 (N)		4,996
		Hanesbrands, Inc.
	650	8.39%, 03/05/2014 (AA)(Q)		651
		Lear Corp.
	1,200	7.79%, 04/25/2012 (N)		1,179
		Levi Strauss & Co.
	450	7.57%, 03/09/2014 (N)		418
				10,257
		Finance — 0.3%
		Chrysler Financial Services NA
	730	9.36%, 08/03/2012 (N)		729
		Health Care — 0.6%
		IASIS Healthcare Capital Corp.
	1,425	10.32%, 06/15/2014 (N)		1,375
		Inverness Medical Innovation, Inc.
	200	9.45%, 06/26/2015 (N)		200
				1,575
		Services — 2.8%
		Centaur LLC
	330	12.39%, 10/30/2013 (AA)(Q)		326
		Centaur LLC Delayed Draw Term Loan B
	133	8.89%, 10/30/2012 (AA)(Q)		130
		Centaur LLC Term Loan B
	567	8.89%, 10/30/2012 (AA)(Q)		562
		Harrah’s Entertainment, Inc.
	1,500	6.39%, 03/05/2008 (AA)(Q)		1,485
		Marquee Holdings, Inc.
	469	10.60%, 06/13/2012 (H)(N)		453
		New World Gaming Partners Ltd.
	500	10.39%, 01/16/2015(AA)(Q)		465
		Services — (continued)
		RHI Entertainment LLC
	715	9.02%, 03/31/2014 (H)(N)		699
		Tribune Co.
	1,450	9.39%, 05/23/2015(AA)(Q)		1,450
		WideOpenWest Finance LLC
	1,350	11.45%, 07/01/2015 (N)		1,255
				6,825
		Technology — 1.7%
		Infor Lux Bond Co.
	510	13.20%, 07/28/2014 (H)(N)		494
		Integra Telecom Holdings, Inc.
	650	11.96%, 04/08/2014 (N)		657
		Kronos, Inc.
	1,125	10.95%, 06/12/2015 (N)		1,043
		Mediacom Broadband
	411	6.72%, 03/31/2010 (N)		394
		Wind Acquisitions Holdings Finance S.A.
	1,490	12.45%, 12/12/2011 (N)		1,498
				4,086
		Utilities — 1.0%
		Astoria Generating Co. Acquisitions LLC
	500	8.96%, 08/23/2013 (N)		494
		Texas Competitive Electric Holdings Co. LLC
	2,000	8.39%, 10/24/2014 — 10/31/2014(AA)(Q)		2,000
				2,494
		Total senior floating rate interests: non-investment grade (cost $28,703)	$	28,034
Shares
COMMON STOCK — 0.0%
		Consumer Cyclical — 0.0%
	1	Hosiery Corp. of America, Inc. Class A (A)(D)(H)		—
		Technology — 0.0%
	1	AboveNet, Inc. (D)(G)		49
	—	XO Holdings, Inc. (D)(G)(H)		—
				49
		Total common stock (cost $21)	$	49
WARRANTS — 0.0%
		Technology — 0.0%
	—	AboveNet, Inc. Warrants (D)(H)	$	31
	—	XO Holdings, Inc. (D)(H)		—
		Total warrants (cost $—)	$	31
PREFERRED STOCK — 0.4%
		Finance — 0.4%
	17	United Rentals Trust I (X)	$	844
		Total preferred stock (cost $838)	$	844
		Total long-term investments (cost $243,400)	$	240,100

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

­ ­  171  ­ ­

The Hartford High Yield Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 16.9%
		Consumer Staples — 0.2%
		Cargill, Inc.
$	437	4.80%, 11/01/2007			$	437
		Finance — 0.0%
	25	State Street Bank Money Market Fund				25
		Repurchase Agreements — 1.0%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $796, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $809)
	796	4.52% dated 10/31/2007				796
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $792, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $806)
	792	4.50% dated 10/31/2007				792
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $795, collateralized by U.S. Treasury Note 9.25%, 2016, value of $805)
	795	4.48% dated 10/31/2007				795
						2,383
Shares
		Securities Purchased with Proceeds from Security Lending — 15.6%
		Cash Collateral Reinvestment Fund:
	37,986	Navigator Prime Portfolio				37,986
Principal
Amount
		U.S. Treasury Bills — 0.1%
$	200	3.88%, 12/13/2007 (M)(S)				199
		Total short-term investments (cost $41,030)			$	41,030
		Total investments (cost $284,430) (C)	115.6	%	$	281,130
		Other assets and liabilities	(15.6	)%		(37,891	)
		Total net assets	100.0	%	$	243,239

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 6.19% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $284,883 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	2,015
Unrealized Depreciation		(5,768	)
Net Unrealized Depreciation	$	(3,753	)

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007 rounds to zero.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2007.
(D)	Currently non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $51,497, which represents 21.17% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(N)	The interest rate disclosed for these securities represents the average coupon as of October 31, 2007.
(T)	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $7,112.
(V)	Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank’s certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at October 31, 2007.
(X)	Convertible debt security.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

EUR — Euro

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

­ ­  172  ­ ­

(H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.

Period
Acquired	Shares/Par		Security	Cost Basis
09/2007		—	AboveNet, Inc. Warrants	$	—
07/2007		1,097	Appleseed’s Brands, 8.76%, 06/25/2013		1,089
11/2006		6,709	CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 - 144A		651
10/1994		1	Hosiery Corp. of America, Inc. Class A - 144A		21
03/2007		510	Infor Lux Bond Co., 13.20%, 07/28/2014		510
08/2006		1,790	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		1,880
06/2007		469	Marquee Holdings, Inc., 10.60%, 06/13/2012		458
05/2001		650	Potlatch Corp., 13.00%, 12/01/2009		650
04/2007		715	RHI Entertainment LLC, 9.02%, 03/31/2014		702
02/2007		920	Soundview NIM Trust, 8.25%, 12/25/2036 - 144A		848
05/2006		—	XO Holdings, Inc.		—
05/2006		—	XO Holdings, Inc. Warrants		—

	The aggregate value of these securities at October 31, 2007 was $6,657 which represents 2.74% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.

Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
5 Year U.S. Treasury Note		187		Long		Dec, 2007	$	91

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

	Market		Contract		Delivery		Appreciation/
Description	Value(W)		Amount		Date		(Depreciation)
Euro (Sell)	$	2,132	$	2,118		01/30/08	$	(14	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Credit Default Swap Agreements Outstanding at October 31, 2007

Pay/

Unrealized

Reference

Buy/Sell

Receive

Expiration

Notional

Appreciation/

CounterParty

Entity

Protection

Fixed Rate

Date

Amount

(Depreciation)

Lehman Brothers Special Financing, Inc.

GMAC

Sell

6.65

%

09/20/08

$

625

$

21

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

­ ­  173  ­ ­

The Hartford High Yield Municipal Bond Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 96.6%
		Alabama — 0.9%
		Huntsville-Redstone Village, AL, Special Care Fac FA
$	600	5.25%, 01/01/2015 #	$	591
		Arizona — 1.8%
		Show Low Bluff, AZ, Community
	200	5.60%, 07/01/2031 (I)		191
		Tartesso West Community Dist
	1,000	5.90%, 07/15/2032		1,001
				1,192
		California — 10.7%
		California Educational Fac Auth, Huntington Park Rev
	200	5.15%, 07/01/2030		189
		California Statewide Communities DA Rev, Valleycare Health System
	100	5.13%, 07/15/2031		94
		California Statewide Community DA, California Baptist University
	1,000	5.50%, 11/01/2038		989
		California Statewide Community DA, Drew School
	250	5.30%, 10/01/2037		239
		Chino, CA, Community Fac Dist Special Tax B
	500	5.00%, 09/01/2036 #		435
		Elk Grove, CA, Special Tax
	500	5.25%, 09/01/2037 #		471
		Folsom, CA, Public FA Special Tax Rev
	500	5.20%, 09/01/2032 #		471
		Golden State Tobacco Securitization Agency
	3,500	5.75%, 06/01/2047		3,364
		Lincoln, CA, Public FA Special Tax Rev
	200	5.00%, 09/01/2034		182
		Rancho Santa Fe, CA, Community Services Dist Special Tax Community Fac Dist #1
	600	5.25%, 09/01/2030		573
				7,007
		Colorado — 3.9%
		Baptist Road Rural Transportation Auth
	800	5.00%, 12/01/2026		753
		Colorado Educational & Cultural FA Rev, Charter School-Windsor Academy Proj
	500	5.70%, 05/01/2037 (H)#		481
		Denver, CO, City & County Special Fac Airport Rev, United Airport Lines Proj A
	500	5.25%, 10/01/2032 #		463
		North Range, CO, Metropolitan Dist #2 GO
	500	5.50%, 12/15/2027		489
		Park Meadows, Co, Business Improvement Dist Shared Sales Tax Rev
	360	5.35%, 12/01/2031		351
				2,537
		Delaware — 0.7%
		Millsboro, DE, Special Obligation Plantation Lakes Special Development
	500	5.45%, 07/01/2036		476
		Florida — 16.6%
		Jacksonville, FL, Econ Development Commission
	1,000	5.30%, 05/01/2037		977
		Florida — (continued)
		Jacksonville, FL, Econ Development Community Health Care Fac
	1,000	6.25%, 09/01/2027 (H)#		1,023
		Lee County, FL, Industrial DA
	1,000	5.25%, 06/15/2027		939
		Magnolia Creek, FL, Community Development Dist Capital Improvement Rev
	500	5.90%, 05/01/2039		466
		Orange County, FL, Health Care FA Rev
	200	5.50%, 07/01/2038		194
		Parker Road Community Development Dist
	200	5.60%, 05/01/2038		184
		Seminole Tribe of Florida
	2,000	5.25%, 10/01/2027 (I)		1,985
		Six Mile Creek Community College, FL
	1,525	5.88%, 05/01/2038		1,330
		St Johns County, FL, Industrial Development
	1,765	5.00%, 02/15/2027		1,709
		Sweetwater Creek Community Development Dist Capital Improvement Rev, FL
	1,000	5.50%, 05/01/2038 #		824
		Tolomato, FL, Community Development Dist
	800	6.65%, 05/01/2040		803
		University Square Community Development
	500	5.88%, 05/01/2038		484
				10,918
		Georgia — 0.6%
		Augusta, GA, Airport Rev
	165	5.35%, 01/01/2028		166
	230	5.45%, 01/01/2031		232
				398
		Illinois — 2.9%
		Belleville, IL, Tax Increment
	1,000	5.70%, 05/01/2036		1,003
		Chicago, IL, O’Hare International Airport Special Fac Rev, American Airlines, Inc.
	250	5.50%, 12/01/2030		234
		Hampshire, IL, Special Service Area #13
	200	5.75%, 03/01/2037		189
		Hampshire, IL, Special Service Area #16
	200	6.00%, 03/01/2046		195
		Illinois FA
	300	5.38%, 11/15/2039		276
				1,897
		Indiana — 3.3%
		East Chicago Industrial Solid Waste Disposal AMT
	1,000	5.50%, 09/01/2028		977
		Fort Wayne, IN, Pollution Control Rev
	675	6.20%, 10/15/2025 #		686
		Vigo County, IN, Union Hospital
	500	5.70%, 09/01/2037 (I)		498
				2,161
		Kansas — 0.7%
		Olathe, KS, Tax Increment Rev, West Village Center
	500	5.50%, 09/01/2026		495
		Louisiana — 2.2%
		Louisiana Public Fac Auth, Susla Fac Inc
	500	5.75%, 07/01/2039 (I)		488

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

­ ­  174  ­ ­

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — (continued)
		Louisiana — (continued)
		St Johns Baptist Parish, LA, Marathon Oil Co
$	1,000	5.13%, 06/01/2037 #	$	989
				1,477
		Michigan — 8.5%
		Michigan Public Educational Facilities
	2,000	6.50%, 09/01/2037 (I)		2,013
		Michigan Tobacco Settlement FA Ser A
	1,000	6.00%, 06/01/2048		997
		Michigan Tobacco Settlement Fin
	2,600	6.00%, 06/01/2034		2,604
				5,614
		Minnesota — 1.2%
		Falcon Heights, MN, Lease Rev
	525	6.00%, 11/01/2037 (Q)		516
		Minneapolis, MN, Multifamily Housing Rev AMT
	200	5.40%, 04/01/2028		193
		Worthington, MN, Housing Rev Ref, Meadows Worthington Proj
	100	5.38%, 05/01/2037		94
				803
		Missouri — 1.4%
		Branson Hills, MO, Infrastructure Fac
	100	5.50%, 04/01/2027 #		97
		Branson, MO, Regional Airport Transportation Development Dist
	300	6.00%, 07/01/2025		297
		Kansas City, MO, Tax Increment Rev Maincor Proj-Ser A
	500	5.25%, 03/01/2018		499
				893
		Nevada — 1.5%
		Las Vegas, NV, SID #808 and 810
	500	6.13%, 06/01/2031		503
		Mesquite Special Improvement Dist# 07-01
	500	6.00%, 08/01/2027		498
				1,001
		New Hampshire — 0.3%
		New Hampshire Business DA
	200	5.20%, 05/01/2027		195
		New Jersey — 2.3%
		Burlington County, NJ, Bridge Commission Econ Development Rev The Evergreen Proj
	1,500	5.63%, 01/01/2038		1,494
		New Mexico — 0.1%
		Otero County, NM, Jail Proj
	100	6.00%, 04/01/2023		101
		New York — 4.7%
		Erie County, NY, IDA Global Concepts Charter School Proj
	700	6.25%, 10/01/2037		694
		Genesee County, NY, IDA Civic Fac Rev, United Memorial Medical Center
	500	5.00%, 12/01/2027 #		467
		New York, NY, IDA American Airlines JFK International Airport AMT
	515	7.13%, 08/01/2011		532
		New York — (continued)
		New York, NY, Jetblue Airways Corp Proj AMT
	500	5.13%, 05/15/2030		440
		Ulster County, NY, Industrial Development Agency
	1,000	6.00%, 09/15/2037		990
				3,123
		North Carolina — 1.8%
		Albemarle, NC, Hospital Auth Healthcare
	1,000	5.25%, 10/01/2038 #		977
		Raleigh, NC, Medical Care Commission Retirement Fac Rev
	200	5.25%, 01/01/2032		188
				1,165
		Ohio — 7.4%
		Buckeye Tobacco Settlement FA
	5,000	5.88%, 06/01/2047		4,848
		Oklahoma — 0.7%
		Oklahoma Development FA Hospital Rev, Great Plains Regional Medical Center
	500	5.13%, 12/01/2036		466
		Pennsylvania — 2.9%
		Allegheny County, PA, Hospital DA Rev
	1,500	5.00%, 11/15/2028 #		1,398
		Philadelphia, PA, Auth for Industrial Development
	500	5.25%, 05/01/2037		486
				1,884
		South Carolina — 3.4%
		Lancaster County, SC, Sun City Assessment
	2,000	7.70%, 11/01/2017 (Q)		2,000
		Richland County, SC, Environmental Improvement AMT
	200	5.95%, 09/01/2031		204
				2,204
		Texas — 5.7%
		Dallas-Fort Worth, TX, International Airport Fac Improvement Corp AMT
	800	5.50%, 11/01/2030		732
		Dallas-Fort Worth, TX, International Airport Fac
	750	6.15%, 01/01/2016		750
		Gulf Coast Waste Disposal Auth
	1,000	5.20%, 05/01/2028		973
		Maverick County, TX, Public Fac Corp Proj Rev
	145	6.25%, 02/01/2024		148
		Travis County, TX, Health Fac, Querencia Barton Creek Proj
	600	5.65%, 11/15/2035		596
		Willacy County, TX, GO
	500	6.88%, 09/01/2028		527
				3,726
		Utah — 4.3%
		Provo, UT, Lakeview Charter School
	200	5.63%, 07/15/2037		193
		Provo, UT, Renaissance Charter School
	200	5.63%, 07/15/2037		193
		Utah Charter School Financial Auth
	750	5.88%, 07/15/2027		745
	700	6.00%, 07/15/2037		703

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

­ ­  175  ­ ­

The Hartford High Yield Municipal Bond Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
MUNICIPAL BONDS — (continued)
		Utah — (continued)
		Utah County, UT, Charter School Rev
$	1,000	6.00%, 02/15/2038			$	990
						2,824
		Virginia — 3.6%
		James City County, VA, Econ DA Residential Care Fac
	1,100	5.40%, 07/01/2027				1,058
		Lexington, VA, IDA Residential Care Fac
	1,050	5.50%, 01/01/2037				1,006
		Peninsula, VA, Turn Center Community Dev DA
	300	6.45%, 09/01/2037				308
						2,372
		Washington — 1.6%
		Skagit County, WA, Public Hospital
	1,000	5.75%, 12/01/2032				1,033
		Wisconsin — 0.9%
		Wisconsin State Health & Educational Fac Auth Rev Wellington Homes of Wisconsin LLC
	600	6.75%, 09/01/2037				609
		Total municipal bonds (cost $64,553)			$	63,504
Shares
SHORT-TERM INVESTMENTS — 5.0%
		Investment Pools and Funds — 5.0%
	3,257	State Street Bank Tax Free Money Market Fund			$	3,257
		Total short-term investments (cost $3,257)			$	3,257
		Total investments (cost $67,810) (C)	101.6	%	$	66,761
		Other assets and liabilities	(1.6	)%		(1,052	)
		Total net assets	100.0	%	$	65,709

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $67,810 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	164
Unrealized Depreciation		(1,213	)
Net Unrealized Depreciation	$	(1,049	)

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $5,175, which represents 7.88% of total net assets.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $2,521.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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		500	Colorado Educational & Cultural FA Rev, Charter School-Windsor Academy Proj, 5.70%, 05/01/2037	$	500
08/2007		1,000	Jacksonville, FL, Econ Development Community Health Care Fac, 6.25%, 09/01/2027		1,011

	The aggregate value of these securities at October 31, 2007 was $1,504 which represents 2.29% of total net assets.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

AMT	— Alternative Minimum Tax
DA	— Development Authority
FA	— Finance Authority
GO	— General Obligations
IDA	— Industrial Development Authority Bond

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

­ ­  176  ­ ­

The Hartford Income Allocation Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.2%
FIXED INCOME FUNDS — 94.0%
	341	The Hartford Floating Rate Fund, Class Y			$	3,330
	514	The Hartford High Yield Fund, Class Y				4,079
	936	The Hartford Income Fund, Class Y				9,473
	1,140	The Hartford Inflation Plus Fund, Class Y				12,184
	1,092	The Hartford Short Duration Fund, Class Y				10,714
	27	The Hartford Strategic Income Fund, Class Y				267
	655	The Hartford Total Return Bond Fund, Class Y				6,968
		Total fixed income funds (cost $47,132)			$	47,015
MONEY MARKET FUNDS — 5.2%
	2,596	The Hartford Money Market Fund, Class Y			$	2,596
		Total money market funds (cost $2,596)			$	2,596
		Total investments in affiliated investment companies (cost $49,728) (C)	99.2	%	$	49,611
		Other assets and liabilities	0.8	%		425
		Total net assets	100.0	%	$	50,036

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $50,261 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	222
Unrealized Depreciation		(872	)
Net Unrealized Depreciation	$	(650	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  177  ­ ­

The Hartford Income Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 13.1%
		Finance — 13.0%
		Banc of America Commercial Mortgage, Inc.
$	27,758	5.50%, 11/10/2039 — 07/10/2043 (I)(T)	$	312
	7,374	5.75%, 06/10/2039 (I)(T)		53
		Bayview Commercial Asset Trust
	200	5.24%, 04/25/2036 (I)(L)#		193
	5,731	7.00%, 07/25/2037 (H)(T)		742
	10,463	7.50%, 09/25/2037 (H)(T)		1,527
		Bear Stearns Commercial Mortgage Securities, Inc.
	3,069	5.50%, 02/11/2041 (H)(T)		51
		Capital Automotive Receivables Asset Trust
	50	5.77%, 05/20/2010 (I)		50
		Capital One Automotive Finance Trust
	230	4.32%, 05/15/2010 #		229
		CBA Commercial Small Balance Commercial Mortgage
	6,098	7.00%, 07/25/2035 — 06/25/2038 (H)(T)		369
	7,077	9.75%, 01/25/2039 (H)(T)		708
		Citigroup Mortgage Loan Trust, Inc.
	200	7.37%, 01/25/2037 (H)(L)#		118
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	2,000	5.48%, 12/11/2049 (L)		1,833
		Commercial Mortgage Pass-Through Certificates
	4,600	5.31%, 12/10/2046 #		4,491
	6,094	5.50%, 03/10/2039 (H)(T)		125
	915	6.01%, 12/10/2049 (L)		929
	1,000	6.09%, 06/15/2022 (I)(L)		1,001
		Countrywide Asset-Backed Certificates
	49	5.46%, 07/25/2035		46
		Credit-Based Asset Servicing and Securitization LLC
	216	5.14%, 05/25/2036 (H)(L)		207
		CS First Boston Mortgage Securities Corp.
	200	7.04%, 11/15/2019 (H)(L)#		200
		Equity One ABS, Inc.
	59	5.46%, 12/25/2033 (H)		55
	19	7.37%, 07/25/2034 (H)(L)		19
		GE Business Loan Trust
	11,031	6.14%, 05/15/2034 (H)(T)		99
		GE Capital Commercial Mortgage Corp.
	1,000	5.52%, 03/10/2044 (L)#		958
	2,425	5.61%, 12/10/2049 (L)		2,395
	55,009	6.35%, 11/10/2045 (I)(T)		95
		GMAC Commercial Mortgage Securities, Inc.
	200	5.30%, 08/10/2038 #		198
		GMAC Mortgage Corp. Loan Trust
	270	5.75%, 10/25/2036 #		264
		Goldman Sachs Mortgage Securities Corp. II
	2,000	5.99%, 08/10/2045 (L)		1,964
		Green Tree Financial Corp.
	25	6.48%, 12/01/2030		25
	11	7.30%, 01/15/2026		11
		Green Tree Financial Corp.
	12	7.35%, 05/15/2027		12
		Greenwich Capital Commercial Funding Corp.
	199	6.32%, 11/05/2021 (H)(L)		193
	190	6.53%, 11/05/2021 (H)(L)		185
		GS Mortgage Securities Corp.
	2,350	5.70%, 12/20/2049 (I)(L)		1,960
		Finance — (continued)
		Home Equity Asset Trust
	725	6.08%, 07/25/2037 (L)		400
		JP Morgan Automotive Receivable Trust
	75	12.85%, 03/15/2012 (A)(H)(M)		64
		JP Morgan Chase Commercial Mortgage Security Corp.
	985	5.00%, 10/15/2042 (L)		942
	502	5.47%, 04/15/2043 (L)#		498
	2,292	5.50%, 01/15/2038 (H)(T)		61
	250	5.72%, 12/12/2044 (L)#		225
	789	5.84%, 02/15/2020 (I)(L)		778
	17,215	6.00%, 09/12/2037 (H)(T)		165
	190	6.16%, 05/12/2034		196
	830	6.20%, 02/12/2051 (I)(L)		812
		LB-UBS Commercial Mortgage Trust
	550	5.22%, 02/15/2031 (L)#		532
	25,248	5.26%, 06/15/2036 (I)(T)		105
	250	5.45%, 11/15/2038 (L)		232
	650	5.48%, 11/15/2038 (L)#		601
		Lehman Brothers Commercial Mortgage Trust
	200	5.89%, 07/15/2018 (I)(L)#		199
		Lehman Brothers Small Balance Commercial
	120	5.62%, 09/25/2036 (I)		122
		LNR CDO Ltd.
	250	5.67%, 05/28/2043 (H)(L)		192
		Long Beach Asset Holdings Corp.
	45	5.78%, 04/25/2046 (H)		11
		Marathon Real Estate CDO Ltd.
	1,000	6.27%, 05/25/2046 (I)(L)		876
		Marlin Leasing Receivables LLC
	197	4.63%, 11/17/2008 (I)		197
	440	5.33%, 09/16/2013 (I)#		439
		Merrill Lynch Floating Trust
	1,000	5.64%, 06/15/2022 (I)(L)		958
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	950	5.20%, 12/12/2049		914
	4,600	5.36%, 08/12/2048		4,509
		Morgan Stanley Capital I
	2,000	5.15%, 08/13/2042 (L)#		1,875
	1,000	5.95%, 10/15/2042 (L)		908
	16,199	6.00%, 06/12/2047 (H)(T)		192
		Nationstar Home Equity Loan Trust
	226	9.97%, 03/25/2037 (H)(L)		222
		Option One Mortgage Loan Trust — Class M6
	725	6.99%, 03/25/2037 (H)		470
		Option One Mortgage Loan Trust — Class M7
	500	6.99%, 03/25/2037 (H)		300
		Option One Mortgage Loan Trust — Class M8
	475	6.99%, 03/25/2037 (H)		238
		PSE&G Transition Funding LLC
	70	6.61%, 06/15/2015 #		74
		Renaissance Home Equity Loan Trust
	80	5.75%, 05/25/2036 (L)		76
	200	6.16%, 05/25/2036 (H)		163
	1,460	7.50%, 04/25/2037 — 06/25/2037 (H)		705
		Renaissance Home Equity Loan Trust Class M5
	600	7.00%, 09/25/2037 (H)		450
		Renaissance Home Equity Loan Trust Class M8
	750	7.00%, 09/25/2037 (H)		413
		Wachovia Automotive Loan Owner Trust
	250	5.15%, 07/20/2012 (I)		250
	260	5.29%, 06/20/2012 (I)		261

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

­ ­  178  ­ ­

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)
		Finance — (continued)
		Wachovia Bank Commercial Mortgage Trust
$	6,874	5.50%, 02/15/2041 (I)(T)	$	153
		Wamu Commercial Mortgage Securities Trust
	1,220	6.31%, 03/23/2045 (I)(L)		1,225
				43,620
		Transportation — 0.1%
		Continental Airlines, Inc.
	81	6.80%, 08/02/2018		77
	100	7.49%, 10/02/2010		102
				179
		Utilities — 0.0%
		Detroit Edison Securitization
	75	6.19%, 03/01/2013 #		77
		Total asset & commercial mortgage backed securities (cost $46,123)	$	43,876
CORPORATE BONDS: INVESTMENT GRADE — 21.5%
		Basic Materials — 0.4%
		Kimberly-Clark Corp.
$	1,120	6.63%, 08/01/2037 (G)	$	1,233
		Capital Goods — 0.6%
		Embraer Overseas, Ltd.
	300	6.38%, 01/24/2017		293
		Hutchison Whampoa International Ltd.
	200	6.25%, 01/24/2014 (I)#		207
		Tyco International Group S.A.
	727	6.00%, 10/01/2012 (I)		735
	763	6.55%, 10/01/2017 (I)		779
				2,014
		Consumer Cyclical — 0.5%
		Delhaize America, Inc.
	130	9.00%, 04/15/2031 #		157
		Ltd. Brands, Inc.
	917	6.90%, 07/15/2017		904
		Target Corp.
	668	6.50%, 10/15/2037		677
				1,738
		Consumer Staples — 0.7%
		Anheuser-Busch Cos., Inc.
	420	5.75%, 01/15/2011 #		420
		Diageo Finance B.V.
	800	5.50%, 04/01/2013 (G)		795
		General Mills, Inc.
	990	5.65%, 09/10/2012		1,005
				2,220
		Energy — 0.8%
		CenterPoint Energy Resources Corp.
	207	6.63%, 11/01/2037		208
		Ras Laffan Liquefied Natural Gas Co., Ltd.
	1,500	5.30%, 09/30/2020 (I)		1,449
		Sempra Energy
	530	6.00%, 02/01/2013		539
		TNK-BP Finance S.A.
	505	7.50%, 03/13/2013 — 07/18/2016 (I)		497
				2,693
		Finance — 14.9%
		ABX Financing Co.
	680	6.35%, 10/15/2036 (I)		680
		Ace INA Holdings, Inc.
	125	5.88%, 06/15/2014 #		127
		Aetna, Inc.
	245	6.00%, 06/15/2016 (G)		249
	880	6.63%, 06/15/2036 (G)		915
		AMBAC Financial Group, Inc.
	144	6.15%, 02/15/2037 (G)		110
		American Express
	570	6.15%, 08/28/2017		581
		American Express Credit Corp.
	709	6.80%, 09/01/2066 (G)		727
		Arden Realty L.P.
	150	5.20%, 09/01/2011 #		152
		Axa S.A.
	4,788	6.46%, 12/14/2049 (I)(L)#		4,452
		BB&T Capital Trust IV
	1,468	6.82%, 06/12/2057 (L)#		1,430
		Capital One Capital III
	1,049	7.69%, 08/15/2036 (G)		1,017
		CIT Group, Inc.
	865	6.10%, 03/15/2067 (L)#		708
		Comerica Capital Trust II
	1,827	6.58%, 02/20/2037 (L)#		1,647
		Countrywide Financial Corp.
	22	4.50%, 06/15/2010		19
	940	5.80%, 06/07/2012		809
		Countrywide Home Loans, Inc.
	49	4.00%, 03/22/2011		42
	46	4.13%, 09/15/2009		40
	82	6.25%, 04/15/2009		76
		Credit Agricole
	1,975	6.64%, 05/31/2049 (I)(L)		1,877
		Credit Suisse First Boston USA, Inc.
	350	6.50%, 01/15/2012		367
		Deutsche Bank Ag London
	860	6.00%, 09/01/2017		880
		Deutsche Bank Capital Funding Trust
	90	5.63%, 01/19/2016 (I)#		84
		ERP Operating L.P.
	595	5.75%, 06/15/2017		576
		Financial Security Assurance Holdings
	1,193	6.40%, 12/15/2066 (I)(L)#		1,076
		Goldman Sachs Capital Trust II
	850	5.79%, 12/29/2049 (L)#		793
		Goldman Sachs Group, Inc.
	125	5.15%, 01/15/2014 (G)		122
	580	6.75%, 10/01/2037		582
		HBOS plc
	500	5.92%, 07/29/2049 (I)#		454
		HSBK Europe B.V.
	250	7.25%, 05/03/2017 (I)#		234
		ILFC E-Capital Trust II
	4,410	6.25%, 12/21/2065 (I)(L)#		4,328
		Janus Capital Group, Inc.
	1,105	6.70%, 06/15/2017 (G)		1,142
		JP Morgan Chase Capital XXV
	1,871	6.80%, 10/01/2037		1,869
		Kazkommerts International B.V.
	100	8.00%, 11/03/2015 (I)		89
		Kuzneski Capital S.A.
	200	7.50%, 11/25/2015 (L)		197
		Lehman Brothers Holdings, Inc.
	1,146	6.88%, 07/17/2037 #		1,136

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

­ ­  179  ­ ­

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		Lincoln National Corp.
$	1,580	6.05%, 04/20/2067	$	1,514
		Mellon Capital IV
	764	6.24%, 06/20/2049 (L)		743
		Merrill Lynch & Co., Inc.
	680	6.22%, 09/15/2026		649
		Metlife, Inc.
	4,696	6.40%, 12/15/2036 #		4,449
		Mizuho Capital Investment Ltd.
	500	6.69%, 06/30/2016 (G)(I)		474
		Mizuho Financial Group, Inc.
	200	5.79%, 04/15/2014 (I)		202
		Natexis AMBS Co. LLC
	100	8.44%, 12/29/2049 (I)		102
		New Zealand Government
NZD	2,140	6.00%, 07/15/2008		1,636
		Northern Rock plc
	400	5.60%, 04/30/2049 (I)#		320
	704	6.59%, 06/28/2049 (G)(I)(L)		563
		Northgroup Preferred Capital Corp.
	638	6.38%, 10/15/2049 (I)(L)		589
		PNC Preferred Funding Trust II
	500	6.11%, 03/15/2049 (I)(L)		481
		Progressive Corp.
	925	6.70%, 06/15/2037 (L)		908
		Regions Financing Trust II
	510	6.63%, 05/15/2047		479
		RSHB Capital
	570	6.97%, 09/21/2016 (L)		565
		Sagicor Financial Ltd.
	200	7.50%, 05/12/2016 (H)		206
		Shurgard Storage Centers, Inc.
	75	5.88%, 03/15/2013 #		74
		Simon Property Group L.P.
	1,000	5.10%, 06/15/2015		944
		SMFG Preferred Capital
	658	6.08%, 12/01/2049 (I)(L)		616
		State Street Capital Trust IV
	735	6.69%, 06/15/2037 (L)		664
		Sumitomo Mitsui Banking
	100	5.63%, 12/29/2049 (I)		93
		TuranAlem Finance B.V.
	100	7.75%, 04/25/2013 (K)		89
		UFJ Finance Aruba AEC
	100	6.75%, 07/15/2013		105
		US Bank Realty Corp.
	725	6.09%, 12/22/2049 (I)(L)		702
		Washington Mutual Preferred Funding
	600	9.75%, 10/29/2049 (I)(L)		594
		Westfield Group
	740	5.70%, 10/01/2016 (I)		723
		Westpac Capital Trust IV
	100	5.26%, 12/29/2049 (I)		93
		ZFS Finance U.S.A. Trust
	721	6.50%, 05/09/2037 (I)(L)		694
				48,858
		Health Care — 0.3%
		Covidien International
	519	5.45%, 10/15/2012 (I)		521
		Wyeth
	465	5.95%, 04/01/2037		460
				981
Principal			Market
Amount (B)			Value (W)
Principal			Market
Amount (B)			Value (W)
		Belo Corp.
	175	7.25%, 09/15/2027 #		159
		Comcast Corp.
	516	6.30%, 11/15/2017		532
		International Bank for Reconstruction and Development
TRY	580	13.63%, 05/09/2017		513
		Time Warner Entertainment Co., L.P.
	410	8.38%, 07/15/2033 #		492
		Viacom, Inc.
	500	6.88%, 04/30/2036		507
				2,203
		Technology — 1.4%
		Agilent Technologies, Inc.
	744	6.50%, 11/01/2017 (G)		739
		AT&T Corp.
	480	8.00%, 11/15/2031		596
		Cingular Wireless Services, Inc.
	210	8.13%, 05/01/2012 #		234
	455	8.75%, 03/01/2031		588
		Deutsche Telekom International Finance B.V.
	850	5.25%, 07/22/2013 #		844
		France Telecom S.A.
	150	7.75%, 03/01/2011 (L)#		162
		Motorola, Inc.
	150	8.00%, 11/01/2011		164
		Telecom Italia Capital
	230	7.20%, 07/18/2036 #		250
		Vodafone Group plc
	1,166	6.15%, 02/27/2037 #		1,144
				4,721
		Transportation — 0.5%
		American Airlines, Inc.
	1,475	7.86%, 10/01/2011 #		1,558
		Carnival Corp.
	110	6.65%, 01/15/2028 #		115
		Continental Airlines, Inc.
	100	6.56%, 02/15/2012 #		104
				1,777
		Utilities — 0.8%
		Florida Power Corp.
	296	5.80%, 09/15/2017		302
		Kinder Morgan Energy Partners L.P.
	230	6.50%, 02/01/2037 #		228
		Northern States Power Co.
	400	6.25%, 06/01/2036 (G)		419
		Peco Energy Co.
	425	5.95%, 10/01/2036		422
		Taqa Abu Dhabi National Energy
	1,325	5.62%, 10/25/2012 (I)		1,321
		Tennessee Gas Pipeline Co.
	100	8.38%, 06/15/2032		116
				2,808
		Total corporate bonds: investment grade (cost $72,850)	$	71,246
CORPORATE BONDS: NON-INVESTMENT GRADE — 17.8%
		Basic Materials — 1.0%
		Abitibi-Consolidated, Inc.
	375	9.19%, 06/15/2011 (L)#	$	308

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

­ ­  180  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Basic Materials — (continued)
		Bowater, Inc.
$	225	8.69%, 03/15/2010 (L)#	$	206
	355	9.50%, 10/15/2012 #		312
		Citigroup (JSC Severstal)
	466	9.25%, 04/19/2014 (K)		508
		Crown Americas, Inc.
	370	7.75%, 11/15/2015 (G)		381
		Evraz Group S.A.
	440	8.25%, 11/10/2015 (K)		448
		Graham Packaging Co., Inc.
	350	9.88%, 10/15/2014 (G)		347
		Huntsman International LLC
	250	7.88%, 11/15/2014 (G)		269
		Lupatech Finance Ltd.
	260	9.88%, 11/30/2049 (I)		260
		Vitro S.A.
	455	9.13%, 02/01/2017		449
				3,488
		Capital Goods — 0.2%
		Bombardier, Inc.
	450	6.30%, 05/01/2014 (I)#		440
	100	6.75%, 05/01/2012 (I)#		101
				541
		Consumer Cyclical — 1.6%
		Aramark Corp.
	920	8.86%, 02/01/2015 (L)		924
		AutoNation, Inc.
	150	7.24%, 04/15/2013 (L)#		147
		Ford Capital B.V.
	245	9.50%, 06/01/2010 #		247
		General Motors Corp.
	310	6.38%, 05/01/2008 (G)		308
	165	7.13%, 07/15/2013 (G)		153
		Grupo Gigante S.A.
	200	8.75%, 04/13/2016 (K)		208
		K. Hovnanian Enterprises, Inc.
	210	6.00%, 01/15/2010 (G)		161
	110	8.88%, 04/01/2012 (G)		80
		KB Home & Broad Home Corp.
	200	6.38%, 08/15/2011 (G)		189
		Michaels Stores, Inc.
	500	11.38%, 11/01/2016 (G)		499
		Neiman Marcus Group, Inc.
	630	10.38%, 10/15/2015 (G)		685
		Parkson Retail Group Ltd.
	460	7.88%, 11/14/2011		467
		SGS International, Inc.
	150	12.00%, 12/15/2013 (G)		158
		Stater Brothers Holdings, Inc.
	105	8.13%, 06/15/2012		106
		Tenneco, Inc.
	580	8.63%, 11/15/2014 (G)		591
		Urbi Desarrollos Urbanos
	430	8.50%, 04/19/2016 (K)		443
				5,366
		Consumer Staples — 0.3%
		Constellation Brands, Inc.
	240	7.25%, 09/01/2016 (G)		242
		MHP S.A.
	440	10.25%, 11/30/2011 (K)		452
		Consumer Staples — (continued)
Principal			Market
Amount (B)			Value (W)
		OJSC Myronivsky Hliboproduct
	265	10.25%, 11/30/2011 (I)		270
				964
		Energy — 0.7%
		Chesapeake Energy Corp.
	140	6.63%, 01/15/2016 #		137
		Inergy L.P.
	150	8.25%, 03/01/2016 #		157
		MEI Euro Finance Ltd.
	160	8.75%, 05/22/2010 (K)#		162
		Petrohawk Energy Corp.
	810	9.13%, 07/15/2013 #		860
		Pogo Producing Co.
	630	7.88%, 05/01/2013		642
		Salomon Bros.
	250	10.75%, 01/15/2009 (K)		263
				2,221
		Finance — 2.9%
		Alfa Bank
	265	8.20%, 06/25/2012 (I)#		252
		American Real Estate Partners L.P.
	685	7.13%, 02/15/2013 (G)		668
		Atlantic Broadband Finance LLC
	320	9.38%, 01/15/2014 #		314
		Centercredit International
	205	8.63%, 01/30/2014 (I)#		178
		Drummond Co., Inc.
	475	7.38%, 02/15/2016 (G)(H)#		447
		Ege Haina Finance Co.
	250	9.50%, 04/26/2017 (I)#		246
		El Paso Performance-Linked Trust
	150	7.75%, 07/15/2011 (I)#		155
		Ford Motor Credit Co.
	305	7.38%, 02/01/2011 (G)		288
	290	9.69%, 04/15/2012 (L)#		293
		General Motors Acceptance Corp.
	1,885	6.88%, 09/15/2011 #		1,737
		Hertz Corp.
	400	10.50%, 01/01/2016 (G)		430
		Hub International Holdings, Inc.
	295	10.25%, 06/15/2015 (I)		273
		Itabo Finance S.A.
	350	10.88%, 10/05/2013 (I)#		360
		LPL Holdings, Inc.
	930	10.75%, 12/15/2015 (H)		967
		Pinnacle Foods Finance LLC
	500	10.63%, 04/01/2017 (G)(I)		466
		RBS-Zero Hora Editora Journalistica
BRL	600	11.25%, 06/15/2017 (K)		315
		Rental Service Corp.
	250	9.50%, 12/01/2014 (G)		240
		Residential Capital Corp.
	1,130	6.22%, 06/09/2008 (L)		1,011
		Residential Capital Corp.
	500	7.38%, 06/30/2010		369
		Russian Standard Bank
	270	8.63%, 05/05/2011 (K)#		254
		Sibacademfinance plc
	200	9.00%, 05/12/2009 (K)#		193
		Standard Bank plc
	250	8.75%, 02/09/2016 (H)#		233
		UK SPV Credit Finance plc
	300	8.00%, 02/06/2012 (K)		279

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

­ ­  181  ­ ­

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Finance — (continued)
		United Rentals NA, Inc.
$	515	6.50%, 02/15/2012 (G)	$	533
		United Rentals North America, Inc.
	210	7.00%, 02/15/2014		223
				10,724
		Foreign Governments — 0.6%
		Argentina (Republic of)
	760	7.00%, 10/03/2015		648
		Brazil (Republic of)
BRL	940	10.00%, 01/01/2017		491
		Sri Lanka (Republic of)
	400	8.25%, 10/24/2012 (I)		400
		Venezuela (Republic of)
	275	5.75%, 02/26/2016		237
	230	7.00%, 12/01/2018 (K)		210
				1,986
		Health Care — 0.4%
		HCA, Inc.
	270	7.88%, 02/01/2011 #		267
	165	9.25%, 11/15/2016 #		174
		IASIS Healthcare Capital Corp.
	490	8.75%, 06/15/2014 #		495
		Rite Aid Corp.
	500	9.50%, 06/15/2017 (G)(I)		462
				1,398
		Services — 5.1%
		Allied Waste North America, Inc.
	450	6.88%, 06/01/2017 (G)		450
		AMC Entertainment, Inc.
	500	11.00%, 02/01/2016 (G)		541
		Dow Jones CDX HY
	12,100	7.63%, 06/29/2012 (G)(I)		11,737
		Education Management LLC
	500	10.25%, 06/01/2016 (G)		525
		Idearc, Inc.
	500	8.00%, 11/15/2016 #		501
		MGM Mirage, Inc.
	550	7.50%, 06/01/2016 (G)		547
		MTR Gaming Group, Inc.
	100	9.00%, 06/01/2012		100
		Pokagon Gaming Authority
	100	10.38%, 06/15/2014 (I)		110
		Quebecor Media
	600	7.75%, 03/15/2016 (I)		579
		Sheridan Group, Inc.
	150	10.25%, 08/15/2011		154
		Sirius Satellite Radio, Inc.
	550	9.63%, 08/01/2013 (G)		546
		SunGard Data Systems, Inc.
	450	10.25%, 08/15/2015 (G)		469
		Unisys Corp.
	250	7.88%, 04/01/2008 (G)		249
		West Corp.
	500	9.50%, 10/15/2014		514
				17,022
		Technology — 4.1%
		Advanced Micro Devices, Inc.
	470	6.00%, 05/01/2015 (I)(X)#		417
	720	7.75%, 11/01/2012 (G)		666
		Technology — (continued)
Principal			Market
Amount			Value (W)
		American Tower Corp.
	160	7.00%, 10/15/2017 (I)		164
		Canwest MediaWorks L.P.
	400	9.25%, 08/01/2015 (G)(I)		406
		Charter Communications Operating LLC
	830	8.00%, 04/30/2012 (I)#		824
		Citizens Communications Co.
	440	9.00%, 08/15/2031 #		453
		CSC Holdings, Inc.
	125	8.13%, 07/15/2009 #		127
		Dobson Cellular Systems
	550	8.38%, 11/01/2011 #		583
		Freescale Semiconductor, Inc.
	375	9.57%, 12/15/2014 (L)		345
	145	10.13%, 12/15/2016 (G)		131
		GC Impsat Holdings
	180	9.88%, 02/15/2017 (I)#		175
		Intelsat Bermuda Ltd.
	730	9.25%, 06/15/2016 #		757
		Leap Wireless International, Inc.
	300	9.38%, 11/01/2014 #		298
		Level 3 Financing, Inc.
	1,210	12.25%, 03/15/2013 (G)		1,295
		MagnaChip Semiconductor
	100	6.88%, 12/15/2011		86
		Mediacom LLC
	740	9.50%, 01/15/2013 (G)		740
		MetroPCS Wireless, Inc.
	720	9.25%, 11/01/2014 (G)(I)		715
		Momentive Performance
	645	9.75%, 12/01/2014 (I)		629
		Nortel Networks Ltd.
	805	10.75%, 07/15/2016 (G)(I)		839
		Panamsat Corp.
	200	9.00%, 06/15/2016		204
		Qwest Communications International, Inc.
	820	7.50%, 02/15/2014		830
		Rural Cellular Corp.
	490	8.62%, 06/01/2013 (I)(L)		500
		Sanmina-Sci Corp.
	400	8.44%, 06/15/2014 (I)(L)		388
		Spansion LLC
	735	8.75%, 06/01/2013 (I)(L)		696
		STATS ChipPAC Ltd.
	250	7.50%, 07/19/2010 (G)		255
		Vimpel Communications
	510	8.25%, 05/23/2016 (I)		528
		Windstream Corp.
	685	8.63%, 08/01/2016		733
				13,784
		Transportation — 0.2%
		Bristow Group, Inc.
	285	7.50%, 09/15/2017 (I)		294
		PHI, Inc.
	385	7.13%, 04/15/2013 (G)		373
				667
		Utilities — 0.7%
		AES China Generating Co.
	100	8.25%, 06/26/2010		99
		Chivor S.S. E.S.P.
	100	9.75%, 12/30/2014 (H)		110
		Dynegy Holdings, Inc.
	180	7.75%, 06/01/2019 (I)#		169

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

­ ­  182  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Utilities — (continued)
		Energipe Y Saelpa
$	565	10.50%, 07/19/2013 (G)(I)	$	621
		Energy Future Holdings
	400	10.88%, 11/01/2017 (I)		405
		Markwest Energy Partners L.P.
	125	8.50%, 07/15/2016		125
		Mirant JPSCO Finance Ltd.
	100	11.00%, 07/06/2016 (H)		108
		Rede Empresas De Energia
	380	11.13%, 04/02/2049 (I)		380
		Texas Competitive Electric Co.
	400	10.25%, 11/01/2015 (I)		402
				2,419
		Total corporate bonds: non-investment grade (cost $62,413)	$	60,580
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 6.8%
		Basic Materials — 1.0%
		Compass Minerals Group, Inc.
$	275	6.70%, 12/22/2012 (N)	$	271
		Georgia-Pacific Corp.
	700	7.41%, 02/14/2013 (N)(Q)		683
		Goodyear Tire & Rubber Co.
	500	6.43%, 04/18/2014 (N)		484
		Huntsman International LLC
	310	6.64%, 04/23/2014 (N)		307
		ISP Chemco LLC
	200	7.08%, 05/31/2014 (N)		195
		Jarden Corp.
	412	6.95%, 01/24/2012 (N)		402
	1,217	7.70%, 01/24/2012 (N)		1,196
				3,538
		Consumer Cyclical — 0.9%
		Aramark Corp.
	33	6.89%, 01/19/2014 (AA)(Q)		33
	467	7.20%, 01/19/2014 (N)(Q)		455
		Ford Motor Co.
	1,231	8.70%, 12/15/2013 (N)		1,181
		Masonite International Corp., Canadian Term Loan
	248	7.12%, 04/30/2010 (N)		233
		Masonite International Corp., U.S. Term Loan
	248	7.12%, 04/30/2010 (N)		232
		Oshkosh Trucking Corp.
	438	7.20%, 12/06/2013 (N)		429
		William Carter Co.
	435	5.99%, 07/14/2012 (N)		427
				2,990
		Consumer Staples — 0.3%
		Dole Food Co., Inc.
	94	7.11%, 04/12/2013 (AA)		91
	693	7.41%, 04/12/2013 (N)		671
	208	7.57%, 04/12/2013 (N)		201
				963
		Energy — 0.3%
		Big West Oil LLC
	550	7.14%, 02/02/2015 (AA)(Q)		538
	448	7.45%, 02/02/2015 (N)		437
				975
		Finance — 0.5%
		Chrysler Financial Services NA
	250	11.86%, 08/03/2013 (N)		245
		Crescent Resources LLC
	330	8.05%, 09/07/2012 (N)		305
		General Growth Properties, Inc.
	94	6.38%, 02/24/2010 (N)		92
		Kar Holdings, Inc.
	998	7.45%, 10/17/2013 (N)		963
				1,605
		Health Care — 0.6%
		Carestream Health, Inc.
	1,000	7.11%, 04/12/2013 (N)		965
		HCA, Inc.
	347	7.20%, 11/17/2013 (N)		338
	445	7.45%, 11/14/2012 (N)		430
		LifePoint Hospitals, Inc.
	210	7.16%, 04/15/2012 (N)		206
				1,939
		Services — 1.8%
		Bresnan Communications LLC
	1,000	7.18%, 09/29/2013 (N)		975
		Cedar Fair L.P.
	347	6.75%, 07/21/2013 (N)		338
		CSC Holdings, Inc.
	499	6.88%, 03/24/2013 (N)		487
		Gray Television, Inc.
	499	6.73%, 12/31/2014 (N)		479
		inVentiv Health, Inc.
	496	6.57%, 07/05/2014 (N)		483
		Regal Cinemas, Inc.
	420	6.39%, 10/27/2013 (N)		411
		Sungard Data Systems, Inc.
	329	7.36%, 08/08/2012 (N)		324
		Tribune Co.
	1,250	9.39%, 05/23/2015 (AA)(Q)		1,250
		UPC Financing Partnership
	500	7.13%, 12/31/2014 (N)		484
		Weight Watchers International, Inc.
	500	6.50%, 01/24/2013 (N)		491
		WideOpenWest Finance LLC
	500	11.45%, 07/01/2015 (N)		465
				6,187
		Technology — 1.3%
		Cincinnati Bell, Inc.
	267	7.02%, 08/31/2012 (N)		262
		DaVita, Inc.
	400	6.75%, 10/05/2012 (N)		391
		Fleetcor Technologies Operating Co. LLC
	167	7.14%, 04/30/2013 (AA)(Q)		162
	829	7.38%, 04/30/2013 (N)		804
		Idearc, Inc.
	500	6.70%, 11/17/2013 (N)		484
	648	7.20%, 11/17/2014 (N)		638
		R.H. Donnelley, Inc.
	753	7.01%, 06/30/2011 (N)		742

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

­ ­  183  ­ ­

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Technology — (continued)
		RCN Corp.
$	998	7.50%, 04/19/2014 (N)			$	970
						4,453
		Utilities — 0.1%
		NRG Energy, Inc.
	97	6.85%, 02/01/2013 (N)				95
		NRG Energy, Inc.
	233	6.95%, 06/08/2013 (N)				227
						322
		Total senior floating rate interests:
		non-investment grade (cost $23,401)			$	22,972
U.S. GOVERNMENT AGENCIES — 28.5%
		Federal Home Loan Mortgage Corporation — 6.6%
		Mortgage Backed Securities:
$	406	5.50%, 2032			$	401
	2,140	6.00%, 2037				2,154
	8,576	6.50%, 2037				8,784
						11,339
		Notes:
	1,220	5.50%, 2016 (G)				1,271
	390	6.25%, 2032 #				446
						1,717
		Remic — Pac’s:
	9,037	6.00%, 2032 #				9,144
						22,200
		Federal National Mortgage Association — 21.4%
		Mortgage Backed Securities:
	668	5.00%, 2017 — 2022				659
	234	5.22%, 2035 (L)				234
	5,919	5.50%, 2032 — 2037				5,841
	23,098	6.00%, 2036 — 2037				23,272
	879	6.01%, 2037 (L)				900
	24,981	6.50%, 2036 — 2037				25,571
	3,997	7.00%, 2037				4,145
						60,622
		Notes:
	7,000	4.88%, 2012 (G)				7,076
	4,000	5.38%, 2017 (G)				4,130
						11,206
						71,828
		Other Government Agencies — 0.5%
		Small Business Administration Participation Certificates:
	837	4.92%, 2023				830
	909	5.35%, 2026 #				918
						1,748
		Total U.S. government agencies (cost $95,277)			$	95,776
U.S. GOVERNMENT SECURITIES — 3.1%
		U.S. Treasury Securities — 3.1%
		U.S. Treasury Bonds:
$	400	4.75%, 2037 (G)			$	400
		U.S. Treasury Securities — (continued)
		U.S. Treasury Securities — (continued)U.S. Treasury Notes:
	8,955	4.13%, 2012 (G)				8,946
	7	4.63%, 2011 (G)				7
	975	4.75%, 2017				996
						9,949
		Total U.S. government securities (cost $10,329)			$	10,349
		Total long-term investments (cost $309,529)			$	304,799
Shares
SHORT-TERM INVESTMENTS — 25.1%
		Investment Pools and Funds — 0.0%
	9	State Street Bank Money Market Fund			$	9
Principal
Amount
		Repurchase Agreements — 8.7%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $9,660, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $9,818)
$	9,659	4.52% dated 10/31/2007				9,659
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $9,621, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $9,786)
	9,620	4.50% dated 10/31/2007				9,620
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $9,659, collateralized by U.S. Treasury Note 9.25%, 2016, value of $9,776)
	9,658	4.48% dated 10/31/2007				9,658
						28,937
Shares
		Securities Purchased with Proceeds from Security Lending — 16.3%
		Cash Collateral Reinvestment Fund:
	54,756	Navigator Prime Portfolio				54,756
Principal
Amount
		U.S. Treasury Bills — 0.1%
$	395	3.88%, 12/13/2007 (M)(S)				393
		Total short-term investments (cost $84,095)			$	84,095
		Total investments (cost $393,624) (C)	115.9	%	$	388,894
		Other assets and liabilities	(15.9	)%		(53,330	)
		Total net assets	100.0	%	$	335,564

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 10.50% of total net assets at October 31, 2007.

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

­ ­  184  ­ ­

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $393,668 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	2,064
Unrealized Depreciation		(6,838	)
Net Unrealized Depreciation	$	(4,774	)

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $64, which represents 0.02% of total net assets.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2007.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $59,909, which represents 17.84% of total net assets.
(K)	Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At October 31, 2007, the market value of these securities amounted to $3,824 or 1.14% of net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(N)	The interest rate disclosed for these securities represents the average coupon as of October 31, 2007.
(T)	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $3,115.
(V)	Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank’s certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at October 31, 2007.
(X)	Convertible debt security.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

BRL	— Brazilian Real
NZD	— New Zealand Dollar
TRY	— Turkish New Lira

(H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
05/2007		5,731	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A	$	820
08/2007		10,463	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		1,448
03/2004		3,069	Bear Stearns Commercial Mortgage Securities, Inc., 5.50%, 02/11/2041 - 144A		63
04/2006 – 06/2007		6,098	CBA Commercial Small Balance Commercial Mortgage, 7.00%, 07/25/2035 — 06/25/2038 - 144A		391
11/2006 – 08/2007		7,077	CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 - 144A		687
07/2005		100	Chivor S.S. E.S.P., 9.75, 12/30/2014 - Reg S		106
01/2007		200	Citigroup Mortgage Loan Trust, Inc., 7.37%, 01/25/2037 - 144A		166
03/2004		6,094	Commercial Mortgage Pass-Through Certificates, 5.50%, 03/10/2039 - 144A		145
07/2007		216	Credit-Based Asset Servicing and Securitization LLC, 5.14%, 05/25/2036 - 144A		211
02/2006		200	CS First Boston Mortgage Securities Corp., 7.04%, 11/15/2019 - 144A		198
11/2006 – 09/2007		475	Drummond Co., Inc., 7.38%, 02/15/2016 - 144A		459
11/2003		59	Equity One ABS, Inc., 5.46%, 12/25/2033		58
07/2004		19	Equity One ABS, Inc., 7.37%, 07/25/2034		19
06/2006		11,031	GE Business Loan Trust, 6.14%, 05/15/2034 - 144A		96
05/2007		199	Greenwich Capital Commercial Funding Corp., 6.32%, 11/05/2021 - 144A		193
05/2007		190	Greenwich Capital Commercial Funding Corp., 6.53%, 11/05/2021 - 144A		184
03/2007		75	JP Morgan Automotive Receivable Trust, 12.85%, 03/15/2012		75
03/2004 – 08/2006		2,292	JP Morgan Chase Commercial Mortgage Security Corp., 5.50%, 01/15/2038 - 144A		59
07/2005		17,215	JP Morgan Chase Commercial Mortgage Security Corp., 6.00%, 09/12/2037 - 144A		163
02/2006		250	LNR CDO Ltd., 5.67%, 05/28/2043 - 144A		250
03/2006		45	Long Beach Asset Holdings Corp., 5.78%, 04/25/2046 - 144A		45
09/2007 – 10/2007		930	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		946
09/2006		100	Mirant JPSCO Finance Ltd., 11.00%, 07/06/2016 - 144A		102
07/2005		16,199	Morgan Stanley Capital I, 6.00%, 06/12/2047 - 144A		199

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

­ ­  185  ­ ­

The Hartford Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Period
Acquired	Shares/Par		Security	Cost Basis
04/2007		226	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A	$	226
03/2007		725	Option One Mortgage Loan Trust — Class M6, 6.99%, 03/25/2037		700
03/2007		500	Option One Mortgage Loan Trust — Class M7, 6.99%, 03/25/2037		434
03/2007		475	Option One Mortgage Loan Trust — Class M8, 6.99%, 03/25/2037		374
03/2006		200	Renaissance Home Equity Loan Trust, 6.16%, 05/25/2036		200
05/2007		1,460	Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037 — 06/25/2037		1,231
08/2007		600	Renaissance Home Equity Loan Trust Class M5, 7.00%, 09/25/2037		450
08/2007		750	Renaissance Home Equity Loan Trust Class M8, 7.00%, 09/25/2037		413
05/2006 – 11/2006		200	Sagicor Financial Ltd., 7.50%, 05/12/2016 - 144A		201
12/2006 – 01/2007		250	Standard Bank plc, 8.75%, 02/09/2016		254

	The aggregate value of these securities at October 31, 2007 was $10,315 which represents 3.07% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.

Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		200		Long		Dec, 2007	$	169
5 Year U.S. Treasury Note		617		Long		Dec, 2007		81
10 Year U.S. Treasury Bond		60		Long		Dec, 2007		53
U.S. Long Bond		135		Short		Dec, 2007		(116	)
							$	187

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Argentine Peso (Buy)	$	582	$	566		11/15/07	$	16
Argentine Peso (Sell)		582		577		11/15/07		(5	)
Brazilian Real (Buy)		640		566		02/29/08		74
Brazilian Real (Sell)		640		612		02/29/08		(28	)
Chilean Peso (Buy)		672		665		04/16/08		7
Chilean Peso (Sell)		672		657		04/16/08		(15	)
Colombian Peso (Buy)		595		584		03/27/08		11
Colombian Peso (Sell)		595		583		03/27/08		(12	)
Egyptian Pound (Buy)		585		566		11/15/07		19
Egyptian Pound (Sell)		585		574		11/15/07		(11	)
Egyptian Pound (Buy)		594		585		03/27/08		9
Egyptian Pound (Sell)		594		588		03/27/08		(6	)
Indian Rupee (Buy)		593		566		11/15/07		27
Indian Rupee (Sell)		593		592		11/15/07		(1	)
Mexican Peso (Sell)		674		663		04/16/08		(11	)
Polish Zloty (Buy)		617		580		11/15/07		37
Polish Zloty (Sell)		618		580		11/15/07		(38	)
South African Rand (Buy)		637		565		11/15/07		72
South African Rand (Sell)		637		606		11/15/07		(31	)
Thailand Baht (Buy)		543		566		11/15/07		(23	)
Thailand Baht (Sell)		543		548		11/15/07		5
Turkish New Lira (Sell)		506		450		11/29/07		(56	)
							$	40

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Credit Default Swap Agreements Outstanding at October 31, 2007

Pay/

Unrealized

Reference

Buy/Sell

Receive

Expiration

Notional

Appreciation/

CounterParty

Entity

Protection

Fixed Rate

Date

Amount

(Depreciation)

Lehman Brothers Special Financing, Inc.

HCA, Inc.

Buy

2.70

%

12/20/10

$

400

$

4

Lehman Brothers Special Financing, Inc.

HCA, Inc.

Sell

3.50

12/20/11

400

(2

)

Lehman Brothers Special Financing, Inc.

Lehman ABX Index

Sell

0.32

07/25/45

1,000

16

$

18

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

­ ­  186  ­ ­

The Hartford Inflation Plus Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 3.5%
		Basic Materials — 0.3%
		Compass Minerals Group, Inc.
$	1,616	6.70%, 12/22/2012 (N)	$	1,596
		Consumer Cyclical — 0.3%
		William Carter Co.
	1,497	5.99%, 07/14/2012 (N)		1,470
		Finance — 0.3%
		Capital Automotive L.P.
	2,000	6.47%, 12/20/2010 (N)(Q)		1,972
		Health Care — 0.5%
		Carestream Health, Inc.
	1,000	7.11%, 04/12/2013 (N)		965
		Community Health Systems, Inc.
	124	7.14%, 07/02/2014 (AA)(Q)		121
	1,876	7.76%, 07/02/2014 (N)		1,834
				2,920
		Services — 1.4%
		Casella Waste Systems, Inc.
	1,000	7.33%, 04/28/2010 (N)		980
		Dex Media East LLC
	1,000	6.89%, 10/22/2014 (AA)(Q)		1,001
		MGM Mirage, Inc.
	2,000	6.42%, 10/03/2011 (N)		1,930
		Penn National Gaming, Inc.
	1,000	6.90%, 07/05/2012 (N)		991
		Regal Cinemas, Inc.
	1,965	6.39%, 10/27/2013 (N)		1,922
		Weight Watchers International, Inc.
	1,500	6.50%, 01/24/2013 (N)		1,474
				8,298
		Technology — 0.4%
		American Cellular Corp.
	995	7.24%, 03/14/2014 (N)		991
		Idearc, Inc.
	1,000	7.20%, 11/17/2014 (N)		984
				1,975
		Utilities — 0.3%
		NRG Energy, Inc.
	586	6.85%, 02/01/2013 (N)		572
	1,407	6.95%, 06/08/2013 (N)		1,376
				1,948
		Total senior floating rate interests:
		non-investment grade (cost $20,459)	$	20,179
U.S. GOVERNMENT SECURITIES — 100.3%
		U.S. Treasury Securities — 100.3%
		U.S. Treasury Bonds:
$	23,975	2.00%, 2026 (O)		24,258
	61,102	2.38%, 2025 — 2027 (O)#		66,104
	24,000	3.63%, 2028 (O)#		37,994
	12,000	3.88%, 2029 (O)#		19,489
				147,845
		U.S. Treasury Notes:
	114,347	0.88%, 2010 (O)#		122,613
	7,137	1.63%, 2015 (O)		7,543
	64,235	1.88%, 2013 — 2015 (O)#		69,279
	112,843	2.00%, 2012 — 2016 (O)#		121,146
	90,510	2.38%, 2011 — 2017 (O)		95,696
	10,430	3.00%, 2012 (O)#		12,675
	1,715	3.38%, 2012 (O)#		2,129
	2,115	3.88%, 2009 (O)		2,753
				433,834
		Total U.S. government securities (cost $578,447)	$	581,679
Contracts
CALL OPTIONS PURCHASED — 0.1%
		Long Call Future Option Contract — 0.1%
		U.S. Bond Future Option
	1	Expiration: November, 2007, Exercise Price: $107.00		8
	1	Expiration: November, 2007, Exercise Price: $108.00		23
	1	Expiration: December, 2007, Exercise Price: $112.00		531
				562
		Long Call Interest Rate Option Contract — 0.0%
		5 Year U.S. Treasury Note
	10,000	Expiration: February, 2017, Exercise Price: $1.00		247
		Total call options purchased (cost $760)	$	809
PUT OPTIONS PURCHASED — 0.1%
		Long Put Interest Rate Option Contract — 0.1%
		5 Year U.S. Treasury Note
	10,000	Expiration: February, 2017, Exercise Price: $1.00	$	287
		Total put options purchased (cost $240)	$	287
		Total long-term investments (cost $599,906)	$	602,954
Shares
SHORT-TERM INVESTMENTS — 0.5%
		Investment Pools and Funds — 0.0%
	23	State Street Bank Money Market Fund Fund	$	23

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

­ ­  187  ­ ­

The Hartford Inflation Plus Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — 0.4%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $810, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $823)
$	810	4.52% dated 10/31/2007			$	810
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $807, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $820)
	806	4.50% dated 10/31/2007				806
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $810, collateralized by U.S. Treasury Note 9.25%, 2016, value of $820)
	810	4.48% dated 10/31/2007				810
						2,426
		U.S. Treasury Bills — 0.1%
	550	3.54%, 12/13/2007 (M)(S)(R)				547
		Total short-term investments (cost $2,996)			$	2,996
		Total investments (cost $602,902) (C)	104.5	%	$	605,950
		Other assets and liabilities	(4.5	)%		(26,045	)
		Total net assets	100.0	%	$	579,905

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $605,680 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	2,576
Unrealized Depreciation		(2,306	)
Net Unrealized Appreciation	$	270

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(N)	The interest rate disclosed for these securities represents the average coupon as of October 31, 2007.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $3,074.
(V)	Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank’s certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at October 31, 2007.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.

Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		600		Long		Dec, 2007	$	(332	)
10 Year U.S. Treasury Bond		105		Short		Dec, 2007		(1	)
							$	(333	)

	* The number of contracts does not omit 000’s.
(R)	At October 31, 2007, securities designated to cover open put options written as follows (see Note 2 to accompanying Notes to Financial Statements):

	Number of		Exercise		Exercise		Market		Premiums
Issuer	Contracts*		Price		Date		Value (W)		Received
U.S. Bond Future Option		500	$	111.00		Dec, 2007	$	352	$	209

	* The number of contracts does not omit 000’s.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  188  ­ ­

The Hartford International Growth Fund (formerly The Hartford International Capital Appreciation Fund)

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.8%
		Australia — 2.1%
	622	Brambles Ltd. (A)	$	8,286
	151	CSL Ltd. (A)		5,204
				13,490
		Bermuda — 1.0%
	257	Seadrill Ltd. (A)(D)		6,143
		Brazil — 2.5%
	308	Companhia Vale do Rio Doce ADR #		11,598
	42	Petroleo Brasileiro S.A. ADR (G)		4,055
				15,653
		Canada — 5.3%
	51	Potash Corp. of Saskatchewan		6,288
	112	Research In Motion Ltd. (D)		13,895
	141	Rogers Communications, Inc. Class B		7,186
	53	Suncor Energy, Inc.		5,760
				33,129
		China — 3.0%
	77	Alibaba.com Ltd. (D)(Q)		133
	2,062	China Communications Construction Co., Ltd. (A)		6,543
	1,275	China Merchants Bank Co., Ltd. (A)		6,572
	100	Suntech Power Holdings Co., Ltd. ADR (D)(G)		5,859
				19,107
		Denmark — 2.2%
	154	Vestas Wind Systems A/S (A)(D)		13,798
		Finland — 4.0%
	637	Nokia Oyj (A)		25,311
		France — 10.0%
	71	Alstom RGPT (A)		16,946
	77	Cie Generale d’Optique Essilor International S.A. (A)(D)		4,950
	262	France Telecom S.A. (A)		9,687
	70	Publicis Groupe (A)		2,872
	20	Vallourec (A)		5,814
	254	Veolia Environment S.A. (A)		22,731
				63,000
		Germany — 8.3%
	525	Arcandor AG (A)(D)(G)		16,912
	155	Daimler AG (A)		16,963
	24	Deutsche Boerse AG (A)		3,714
	43	Salzgitter AG (A)		8,392
	21	Volkswagen AG (A)		5,977
				51,958
		Greece — 0.9%
	85	National Bank of Greece (A)		5,916
		Hong Kong — 3.0%
	441	China Mobile Ltd. (A)		9,106
	900	China Resources Enterprise (A)		3,948
	287	Sun Hung Kai Properties Ltd. (A)		5,485
				18,539
		Ireland — 1.5%
	125	Elan Corp. plc ADR (D)(G)#		2,973
	128	Ryanair Holdings plc ADR (D)(G)		6,286
				9,259
		Italy — 1.7%
	73	Luxottica Group S.p.A. (A)		2,559
	179	Saipem S.p.A. (A)		7,930
				10,489
		Japan — 5.9%
	66	Credit Saison Co., Ltd. (A)		2,098
	38	Fanuc Ltd. (A)		4,166
	32	Ibiden Co., Ltd. (A)		2,687
	1	Japan Tobacco, Inc. (A)		5,730
	528	Mitsui O.S.K. Lines Ltd. (A)		8,726
	12	Nintendo Co., Ltd. (A)		7,303
	48	Pacific Metals Co., Ltd. (A)		608
	6	Yahoo! Japan Corp. (A)		2,858
	27	Yamada Denki Co., Ltd. (A)		2,816
				36,992
		Luxembourg — 3.0%
	149	Millicom International Cellular S.A. (D)		17,446
	69	SES Global S.A. (A)		1,698
				19,144
		Netherlands — 2.4%
	439	ASML Holding N.V. (A)		15,291
		Russia — 1.3%
	165	OAO Gazprom ADR		8,224
		South Africa — 1.1%
	343	MTN Group Ltd. (A)		6,688
		South Korea — 0.7%
	44	LG Electronics, Inc. (A)(D)		4,604
		Spain — 4.6%
	126	Gamesa Corporacion Tecnologica S.A. (A)		6,393
	749	Iberdrola S.A. (A)		12,077
	310	Telefonica S.A. (A)		10,264
				28,734
		Switzerland — 5.7%
	109	Julius Baer Holding Ltd. (A)		9,443
	316	Logitech International S.A. (A)(D)		11,002
	7	Nestle S.A. (A)		3,096
	111	Sonova Holding AG (A)		12,479
				36,020
		Taiwan — 1.9%
	281	High Technology Computer Corp. (A)		5,789
	777	Hon Hai Precision Industry Co., Ltd. (A)		5,956
				11,745
		Turkey — 0.5%
	133	Turkcell Iletisim Hizmetleri ADR		3,190
		United Kingdom — 24.2%
	2,267	Arm Holdings plc (A)		6,994
	256	BHP Billiton plc (A)		9,827
	814	Burberry Group plc (A)		10,447
	1,392	Carphone Warehouse Group plc (A)		10,199
	1,255	Invesco plc (A)		19,215
	1,675	Man Group plc (A)		20,579
	214	Reckitt Benckiser Group plc (A)		12,418
	109	Rio Tinto plc (A)		10,253
	263	Schroders plc (A)		8,464
	1,989	Tesco plc (A)		20,234
	3,533	Vodafone Group plc (A)		13,922
	135	Xstrata plc (A)		9,701
				152,253
		Total common stock (cost $490,975)	$	608,677

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

­ ­  189  ­ ­

The Hartford International Growth Fund (formerly The Hartford International Capital Appreciation Fund)

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 7.3%
		Repurchase Agreements — 2.6%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $5,776, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $5,891)
$	5,776	4.94% dated 10/31/2007			$	5,776
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,479, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $1,508)
	1,478	4.94% dated 10/31/2007				1,478
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,479, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $1,508)
	1,478	4.94% dated 10/31/2007				1,478
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $7, collateralized by U.S. Treasury Note 2.63%, 2008, value of $7)
	7	4.94% dated 10/31/2007				7
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,218, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $3,282)
	3,218	4.94% dated 10/31/2007				3,218
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,794, collateralized by FNMA 6.00%, 2036 — 2037, value of $3,870)
	3,794	4.94% dated 10/31/2007				3,794
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $986, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,005)
	986	4.94% dated 10/31/2007				986
						16,737
Shares
		Securities Purchased with Proceeds from Security Lending — 4.7%
		Cash Collateral Reinvestment Fund:
	29,434	Mellon GSL DBT II Collateral Fund				29,411
		Total short-term investments (cost $46,148)			$	46,148
		Total investments (cost $537,123) (C)	104.1	%	$	654,825
		Other assets and liabilities	(4.1	)%		(26,060	)
		Total net assets	100.0	%	$	628,765

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 96.81% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $537,973 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	117,431
Unrealized Depreciation		(579	)
Net Unrealized Appreciation	$	116,852

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $515,784, which represents 82.03% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $135.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Buy)	$	3,759	$	3,747		11/01/07	$	12
Hong Kong Dollar (Buy)		135		135		11/06/07		—
Japanese Yen (Sell)		961		967		11/01/07		6
Japanese Yen (Sell)		573		576		11/02/07		3
Japanese Yen (Sell)		175		175		11/05/07		—
							$	21

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		9.9	%
Capital Goods		5.9
Consumer Cyclical		17.9
Consumer Staples		4.0
Energy		3.8
Finance		13.0
Health Care		4.5
Services		0.5
Technology		28.4
Transportation		2.4
Utilities		6.5
Short-Term Investments		7.3
Other Assets and Liabilities		(4.1	)
Total		100.0	%

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

­ ­  190  ­ ­

The Hartford International Opportunities Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.7%
		Australia — 0.3%
	176	Paladin Resources Ltd. (A)(D)(G)	$	1,371
		Austria — 1.0%
	56	OMV AG (A)		4,217
		Belgium — 0.4%
	29	UCB S.A. (A)(G)		1,708
		Brazil — 5.5%
	343	All America Latina Logistica S.A.		5,422
	167	Banco Bradesco S.A.		5,703
	13	MMX Mineracao E Metalicos S.A. (D)		5,745
	51	Petroleo Brasileiro S.A. ADR		4,858
	101	Redecard S.A. (D)		2,132
				23,860
		Canada — 4.9%
	92	Canadian Natural Resources Ltd.		7,676
	1	Canadian Natural Resources Ltd. ADR		75
	70	EnCana Corp. (G)		4,898
	23	Research In Motion Ltd. (D)		2,817
	95	Telus Corp.		5,772
				21,238
		China — 3.6%
	53	Alibaba.com Ltd. (D)(Q)		93
	7,132	Bank of China Ltd. (A)(G)		4,702
	1,461	China Communications Construction Co., Ltd. (A)		4,636
	1,196	China Merchants Bank Co., Ltd. (A)(G)		6,164
	6	CNinsure, Inc. (D)		159
				15,754
		Egypt — 1.2%
	73	Orascom Telecom Holding SAE GDR (G)		5,198
		Finland — 2.8%
	310	Nokia Oyj (A)		12,310
		France — 6.4%
	8	Alstom RGPT (A)		1,854
	168	Axa S.A. (A)(G)		7,533
	42	BNP Paribas (A)(G)		4,688
	40	Bouygues S.A. (A)(G)		3,871
	71	Cie Generale d’Optique Essilor International S.A. (A)(D)(G)		4,538
	150	France Telecom S.A. (A)		5,532
				28,016
		Germany — 10.5%
	153	Arcandor AG (A)(D)(G)		4,920
	30	Continental AG (A)(G)		4,570
	65	Daimler AG (A)(G)		7,085
	39	Deutsche Boerse AG (A)(G)		6,208
	48	Deutsche Postbank AG (A)(G)		3,514
	51	E.On AG (A)		10,011
	9	K + S AG (A)(G)		1,886
	58	Siemens AG (A)		7,860
				46,054
		Greece — 0.7%
	73	EFG Eurobank Ergasias S.A. (A)		2,865
		Hong Kong — 4.0%
	920	China Resources Enterprise (A)		4,036
	756	Hengan International Group Co., Ltd. (A)(G)		2,948
	154	Hong Kong Exchanges & Clearing Ltd. (A)		5,141
	1,682	Shangri-La Asia Ltd. (A)(G)		5,369
				17,494
		India — 1.7%
	51	Bharat Heavy Electricals (A)		3,436
	28	HDFC Bank Ltd. ADR		3,864
				7,300
		Ireland — 1.7%
	65	Elan Corp. plc ADR (D)		1,540
	144	Ryanair Holdings plc (A)(D)		1,198
	97	Ryanair Holdings plc ADR (D)(G)		4,757
				7,495
		Italy — 4.9%
	164	Bulgari S.p.A. (A)		2,563
	340	Enel S.p.A. (A)(G)		4,081
	169	Ente Nazionale Idrocarburi S.p.A. (A)(G)		6,167
	24	Tod’s S.p.A. (A)(G)		2,013
	790	UniCredito Italiano S.p.A. (A)		6,798
				21,622
		Japan — 9.4%
	44	Astellas Pharma, Inc. (A)		1,958
	99	Canon, Inc. (A)		5,020
	57	Daiichi Sankyo Co., Ltd. (A)		1,632
	45	Eisai Co., Ltd. (A)		1,890
	474	Hitachi Ltd. (A)(G)		3,174
	128	Honda Motor Co., Ltd. (A)		4,805
	2	Japan Tobacco, Inc. (A)		10,579
	178	Mitsubishi Electric Corp. (A)		2,170
	77	Mitsubishi Estate Co., Ltd. (A)		2,308
	427	Mitsubishi Rayon Co., Ltd. (A)(G)		2,423
	48	Sony Corp. (A)		2,380
	307	Toshiba Corp. (A)		2,600
				40,939
		Luxembourg — 0.7%
	42	Evraz Group S.A.		3,137
		Mexico — 0.8%
	109	Grupo Aeroportuario Del ADR		3,340
		Netherlands — 5.4%
	203	Aercap Holdings N.V. (D)(G)		5,128
	195	ASML Holding N.V. (A) #		6,795
	162	Koninklijke Philips Electronics N.V. (A)		6,719
	159	Unilever N.V. CVA (A)(G)		5,187
				23,829

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

­ ­  191  ­ ­

The Hartford International Opportunities Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Norway — 2.8%
	75	Aker Kvaerner (A)(G)	$	2,632
	83	Petroleum Geo-Services (A)		2,472
	307	Telenor ASA (A)		7,235
				12,339
		Papua New Guinea — 0.6%
	691	Lihir Gold Ltd. (A)(D)		2,742
		Russia — 3.4%
	150	OAO Gazprom ADR		7,460
	89	TMK OAO GDR (I)		3,899
	145	Uralkali (D)(I)		3,641
				15,000
		South Africa — 1.5%
	87	Impala Platinum Holdings Ltd. (A)		3,279
	176	MTN Group Ltd. (A)		3,424
				6,703
		South Korea — 0.4%
	24	Shinhan Financial Group Co., Ltd. (A)		1,599
		Sweden — 1.0%
	115	Assa Abloy Ab (A)		2,425
	690	Telefonaktiebolaget LM Ericsson (A)		2,064
				4,489
		Switzerland — 5.8%
	119	Julius Baer Holding Ltd. (A)		10,348
	27	Nestle S.A. (A)		12,283
	23	Synthes, Inc. (A)		2,833
				25,464
		Turkey — 1.3%
	118	Akbank T.A.S. (A)		1,085
	150	Asya Katilim Bankasi AS (A)(D)		1,290
	130	Turkcell Iletisim Hizmetleri ADR		3,113
				5,488
		United Kingdom — 13.2%
	533	Invesco plc (A)		8,165
	65	Johnson Matthey plc (A)		2,418
	330	Man Group plc (A)		4,055
	107	Reckitt Benckiser Group plc (A)		6,194
	138	Rio Tinto plc (A)		12,974
	105	Standard Chartered plc (A)		4,088
	508	Tesco plc (A)		5,163
	202	Xstrata plc (A)		14,569
				57,626
		United States — 0.8%
	69	Frontline Ltd. (G)		3,139
	11	Lihir Gold Ltd. ADR		449
				3,588
		Total common stock (cost $340,187)	$	422,785
Principal			Market
Amount			Value (W)
SHORT-TERM INVESTMENTS — 22.5%
		Repurchase Agreements — 4.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $6,176, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $6,299)
$	6,175	4.94% dated 10/31/2007	$	6,175
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,581, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $1,612)
	1,581	4.94% dated 10/31/2007		1,581
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,581, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $1,612)
	1,581	4.94% dated 10/31/2007		1,581
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $7, collateralized by U.S. Treasury Note 2.63%, 2008, value of $7)
	7	4.94% dated 10/31/2007		7
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,441, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $3,510)
	3,441	4.94% dated 10/31/2007		3,441
		JPMorgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $4,058, collateralized by FNMA 6.00%, 2036 — 2037, value of $4,138)
	4,057	4.94% dated 10/31/2007		4,057
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,054, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,075)
	1,054	4.94% dated 10/31/2007		1,054
				17,896

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

­ ­  192  ­ ­

					Market
Shares					Value (W)
SHORT-TERM INVESTMENTS — (continued)
					Market
Shares					Value (W)
		Securities Purchased with Proceeds from Security Lending — 18.4%
		Cash Collateral Reinvestment Fund:
	80,639	Navigator Prime Portfolio			$	80,639
		Total short-term investments (cost $98,535)			$	98,535
		Total investments (cost $438,722) (C)	119.2	%	$	521,320
		Other assets and liabilities	(19.2	)%		(84,092	)
		Total net assets	100.0	%	$	437,228

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 95.88% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $439,509 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	84,537
Unrealized Depreciation		(2,726	)
Net Unrealized Appreciation	$	81,811

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $328,770, which represents 75.19% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $7,540, which represents 1.72% of total net assets.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $94.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	361	$	360		11/02/07	$	(1	)
Euro (Sell)		346		346		11/05/07		—
Hong Kong Dollar (Buy)		865		865		11/01/07		—
Hong Kong Dollar (Sell)		848		848		11/02/07		—
Hong Kong Dollar (Buy)		94		94		11/06/07		—
Japanese Yen (Buy)		319		321		11/02/07		(2	)
South African Rand (Buy)		3,407		3,407		11/02/07		—
							$	(3	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		13.9	%
Capital Goods		1.2
Consumer Cyclical		8.8
Consumer Staples		8.8
Energy		8.6
Finance		22.3
Health Care		4.4
Services		2.1
Technology		19.3
Transportation		4.1
Utilities		3.2
Short-Term Investments		22.5
Other Assets and Liabilities		(19.2	)
Total		100.0	%

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

­ ­  193  ­ ­

The Hartford International Small Company Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.4%
		Australia — 9.1%
	362	Asciano Group (A)(D)(G)	$	2,844
	735	Austal Ltd. (A)		2,209
	1,076	Babcock & Brown Power (A)(G)		3,296
	2,039	Centamin Egypt Ltd. (A)(D)		2,800
	270	Felix Resources Ltd. (A)		1,849
	473	Programmed Maintenance Services Ltd. (A)		2,364
	608	Resource Pacific Holdings Ltd. (A)(D)(G)		1,468
	513	Seek Ltd. (A)(G)		4,488
	1,165	Tower Australia Group Ltd. (A)(D)		2,778
	369	Transurban Group (A)(G)		2,512
	672	WHK Group Ltd. (A)		1,338
	187	Zinifex Ltd. (A)(G)		2,961
				30,907
		Belgium — 2.4%
	1	CFE (A)		2,662
	5	D’ieteren S.A. (A)		2,374
	13	Umicore (A)(G)		3,208
				8,244
		Brazil — 1.7%
	62	Dufry South America Ltd. (D)		1,812
	147	Lupatech S.A.		3,940
				5,752
		Canada — 1.6%
	18	First Quantum Minerals Ltd. (A)		1,929
	243	Uranium Participation Corp. (D)		3,547
				5,476
		China — 1.2%
	2,146	China Dongxiang Group Co. (D)		1,642
	1,757	Soho China Ltd. (D)		2,262
				3,904
		Denmark — 0.8%
	37	Genmab A/S (A)(D)(G)		2,558
		Finland — 1.3%
	59	Outotec Oyj (A)		4,518
		France — 7.0%
	32	BioMerieux S.A. (A)(G)		3,532
	20	Carbone Lorraine S.A. (A)(G)		1,804
	8	Cegedim S.A. (G)		940
	56	Ipsen (A)		3,204
	44	Korian (A)		2,022
	22	Manitou BF (A)		1,241
	81	Maurel ET Prom (A)		1,799
	58	Rhodia S.A. (A)(D)(G)		2,251
	19	Seche Environment (A)(G)		3,432
	47	Zodiac S.A. (A)(G)		3,292
				23,517
		Germany — 8.0%
	86	Arcandor AG (A)(D)(G)		2,758
	53	Colonia Real Estate AG (A)(D)(G)		1,597
	13	K+S AG (A)		2,645
	82	Kontron AG (A)		2,082
	41	MTU Aero Engines Holdings AG (A)		2,494
		Germany — (continued)
	47	Praktiker Bau-Und Heimwerkermaerkte Holding AG (A)		1,688
	127	Rhoen-Klinikum AG (A)		4,036
	55	Stada Arzneimittel AG (A)		3,468
	112	Symrise AG (A)(D)		3,346
	46	Tognum AG (D)		1,651
	55	Wacker Construction Equipment AG (A)(D)		1,319
				27,084
		Greece — 0.8%
	168	Hellenic Technodomiki Tev S.A. (A)		2,555
		Hong Kong — 4.7%
	4,593	China Power International Development Ltd. (A)(G)		2,460
	1,138	Cosco Pacific Ltd. (A)		3,546
	2,016	Far East Pharmaceutical Technology Co., Ltd. (A)(D)(G)(H)		—
	1,067	Shangri-La Asia Ltd. (A)(G)		3,404
	1,300	Shun Tak Holdings Ltd. (A)(G)		2,053
	2,234	Sinofert Holdings Ltd. (A)(G)		2,107
	1,126	Stella International		2,470
				16,040
		Italy — 3.7%
	112	Ansaldo STS S.p.A. (A)(D)		1,630
	171	Antichi Pellettieri S.p.A. (A)		2,350
	101	Banco di Desio e della Brianza S.A. (A)		1,145
	468	Immobiliare Grande Distribuzione (A)		1,839
	33	Pirelli & C. Real Estate S.p.A. (A)		1,642
	82	Prysmian S.p.A. (A)(D)		2,366
	369	Safilo Group S.p.A. (A)(G)		1,568
				12,540
		Japan — 21.9%
	426	Daishi Bank Ltd. (A)		1,862
	461	Godo Steel Ltd. (A)		1,603
	295	Higo Bank Ltd. (A)		2,049
	263	Hitachi Metals Ltd. (A)(G)		3,412
	186	Iino Kaiun Kaisha Ltd. (A)(G)		2,634
	5	Jupiter Telecommunications Co., Ltd. (A)(D)		3,998
	338	The Keiyo Bank Ltd. (A)		1,745
	2	KK DaVinci Advisors (A)(D)(G)		1,976
	67	Kobayashi Pharmaceutical Co., Ltd. (A)		2,128
	69	MEC Co., Ltd. (A)(G)		732
	415	Mitsubishi Rayon Co., Ltd. (A)(G)		2,355
	71	Miura Co., Ltd. (A)(G)		2,208
	24	Modec, Inc. (A)(G)		853
	17	Musashino Bank Ltd. (A)		809
	213	Nabtesco Corp. (A)(G)		3,641
	607	Nachi-Fujikoshi Corp. (A)(G)		3,006
	297	Nippon Carbon Co., Ltd. (A)(G)		1,874
	175	Nok Corp. (A)		3,918
	387	NTN Corp. (A)(G)		3,679
	75	OBIC Business Consultants Ltd. (A)(G)		4,668
	21	OBIC Co., Ltd. (A)(G)		4,202
	62	Point, Inc. (A)(G)		3,136
	1	RISA Partners, Inc. (A)(G)		1,981
	236	Shionogi & Co., Ltd. (A)		4,024
	72	Sysmex Corp. (A)(G)		2,937
	68	Taiyo Ink Manufacturing Co., Ltd. (A)(G)		2,006
	20	Toyo Tanso Co., Ltd. (A)(G)		1,978

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

­ ­  194  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Japan — (continued)
	60	Uni-Charm Corp. (A)(G)	$	3,591
	29	Union Tool Co. (A)(G)		1,090
				74,095
		Liechtenstein — 1.0%
	13	Verwalt & Privat-Bank AG (A)		3,285
		Malaysia — 0.5%
	2,693	Air Asia BHD (A)(D)		1,582
		Netherlands — 2.6%
	105	Ordina N.V. (A)		2,055
	68	SBM Offshore N.V. (A)		2,632
	154	Spazio Investment N.V.		2,678
	68	Vedior N.V. CVA (A)		1,539
				8,904
		Norway — 1.9%
	570	Eitzen Chemical ASA (A)(D)		2,725
	105	TGS Nopec Geophysical Co. ASA (A)(D)(G)		1,769
	54	Yara International ASA (A)		2,085
				6,579
		Portugal — 0.6%
	234	Mota - Engil S.A. (A)		1,944
		Singapore — 0.7%
	1,519	Goodpack Ltd. (A)(G)		2,282
		South Africa — 0.5%
	45	Aquarius Platinum Ltd. (A)		1,721
		South Korea — 4.1%
	2	Amorepacific Corp. (A)		1,721
	9	Cheil Communications, Inc. (A)		2,688
	32	Hanjin Heavy Industrial & Construction (D)		3,510
	27	Hyundai Steel Co. (A)(D)		2,699
	17	Mirea Asset Securities Co., Ltd. (A)(G)		3,230
				13,848
		Spain — 2.1%
	165	Laboratorios Admiral S.A. (D)		4,023
	80	Prosegur Compania de Seguridad S.A. (A)		3,117
				7,140
		Sweden — 2.2%
	154	Lundin Petroleum AB (A)(D)		1,862
	153	Munters Ab (A)(G)		1,818
	167	Swedish Match Ab (A)		3,742
				7,422
		Switzerland — 1.8%
	16	Bachem Holding AG Class B (A)		1,398
	43	Dufry Group		4,698
				6,096
		United Kingdom — 15.2%
	182	Admiral Group plc (A)		3,915
	253	Clapham House Group plc (A)(D)		1,659
	296	Detica Group plc (A)		2,053
	242	easyJet plc (A)(D)		3,360
	549	Fenner plc (A)		3,187
		United Kingdom — (continued)
	1,594	Guinness Peat Group plc (A)(G)		2,356
	116	Hamworthy KSE (A)		1,605
	74	Homeserve plc (A)		2,783
	383	Informa Group plc (A)		4,274
	235	Lancashire Holdings Ltd. (A)(D)(G)		1,839
	351	Mears Group plc (A)		2,117
	498	Meggitt plc (A)		3,547
	348	Morgan Crucible Co. plc (A)		2,304
	411	Petrofac Ltd. (A)		4,423
	239	Rexam plc (A)		2,700
	607	Senior plc (A)		1,646
	256	Star Energy Group plc (A)(D)		1,366
	101	Ultra Electronics Holdings plc (A)		2,632
	127	VT Group plc (A)		1,596
	422	Wolfson Microelectronics plc (A)(D)		2,234
				51,596
		Total common stock (cost $287,989)	$	329,589
WARRANTS — 0.0%
		Singapore — 0.0%
	184	Goodpack Ltd.	$	89
		Total warrants (cost $0)	$	89
		Total long-term investments (cost $287,989)	$	329,678
Principal
Amount
SHORT-TERM INVESTMENTS — 24.6%
		Repurchase Agreements — 2.5%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,933, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $2,991)
$	2,933	4.94% dated 10/31/2007	$	2,933
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $751, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $766)
	751	4.94% dated 10/31/2007		751
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $751, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $766)
	751	4.94% dated 10/31/2007		751
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3, collateralized by U.S. Treasury Note 2.63%, 2008, value of $3)
	3	4.94% dated 10/31/2007		3

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

­ ­  195  ­ ­

The Hartford International Small Company Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,634, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $1,667)
$	1,634	4.94% dated 10/31/2007			$	1,634
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,927, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,965)
	1,927	4.94% dated 10/31/2007				1,927
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $501, collateralized by FNMA 6.00%, 2036 — 2037, value of $511)
	500	4.94% dated 10/31/2007				500
						8,499
Shares
		Securities Purchased with Proceeds from Security Lending — 22.1%
		Cash Collateral Reinvestment Fund:
	74,865	Navigator Prime Portfolio				74,865
		Total short-term investments (cost $83,364)			$	83,364
		Total investments (cost $371,353) (C)	122.0	%	$	413,042
		Other assets and liabilities	(22.0	)%		(74,572	)
		Total net assets	100.0	%	$	338,470

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 97.40% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $373,665 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	47,532
Unrealized Depreciation		(8,155	)
Net Unrealized Appreciation	$	39,377

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $296,416, which represents 87.58% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
03/2004 – 05/2004		2,016	Far East Pharmaceutical Technology Co., Ltd.	$	293

The aggregate value of these securities at October 31, 2007 rounds to zero.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Buy)	$	1,020	$	1,012		11/01/07	$	8
Canadian Dollar (Buy)		561		562		11/05/07		(1	)
Euro (Sell)		113		113		11/01/07		—
Euro (Buy)		1,021		1,022		11/02/07		(1	)
Euro (Sell)		185		185		11/02/07		—
Japanese Yen (Sell)		484		486		11/02/07		2
Japanese Yen (Sell)		297		298		11/05/07		1
Singapore Dollar (Buy)		4		4		11/02/07		—
Swedish Krona (Buy)		60		60		11/01/07		—
Swedish Krona (Sell)		1,082		1,082		11/05/07		—
							$	9

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of October 31, 2007

	Percentage of
Industry	Net Assets
Basic Materials		18.6	%
Capital Goods		8.8
Consumer Cyclical		11.9
Consumer Staples		1.6
Energy		4.1
Finance		12.6
Health Care		12.1
Services		6.9
Technology		10.2
Transportation		8.1
Utilities		2.5
Short-Term Investments		24.6
Other Assets and Liabilities		(22.0	)
Total		100.0	%

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

­ ­  196  ­ ­

The Hartford LargeCap Growth Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.3%
		Basic Materials — 1.1%
	1	Precision Castparts Corp.	$	131
		Capital Goods — 6.5%
	1	3M Co.		69
	1	Boeing Co.		93
	2	Caterpillar, Inc.		128
	3	Dresser-Rand Group, Inc. (D)		107
	1	Honeywell International, Inc.		87
	1	Illinois Tool Works, Inc.		65
	1	National Oilwell Varco, Inc. (D)		67
	3	Novellus Systems, Inc. (D)		88
	1	United Technologies Corp.		93
				797
		Consumer Cyclical — 12.7%
	2	Altria Group, Inc.		145
	2	Amazon.com, Inc. (D)		139
	1	AutoZone, Inc. (D)		74
	4	Big Lots, Inc. (D)		103
	2	Coach, Inc. (D)		91
	1	Dollar Tree Stores, Inc. (D)		52
	3	eBay, Inc. (D)		113
	2	Family Dollar Stores, Inc.		52
	1	Foster Wheeler Ltd. (D)		84
	1	GameStop Corp. Class A (D)		83
	1	NIKE, Inc. Class B		97
	—	NVR, Inc. (D)		139
	2	PetSmart, Inc.		52
	1	Polo Ralph Lauren Corp.		91
	7	RadioShack Corp.		145
	1	Target Corp.		51
	2	TJX Cos., Inc.		62
				1,573
		Consumer Staples — 6.2%
	2	Coca-Cola Co.		110
	1	Colgate-Palmolive Co.		97
	2	Kellogg Co.		93
	1	Loews Corp. — Carolina Group		94
	1	PepsiCo, Inc.		100
	1	Procter & Gamble Co.		100
	2	UST, Inc.		112
	1	William Wrigley, Jr. Co.		63
				769
		Energy — 6.1%
	2	ENSCO International, Inc.		102
	2	Exxon Mobil Corp.		139
	3	Global Industries (D)		85
	2	Halliburton Co.		78
	1	Holly Corp.		79
	1	Schlumberger Ltd.		93
	2	Tesoro Corp.		96
	2	Western Refining, Inc.		82
				754
		Finance — 16.1%
	2	Aetna, Inc.		110
	1	Affiliated Managers Group, Inc. (D)		75
	2	Aflac, Inc.		103
	2	American Express Co.		106
	—	CME Group, Inc.		85
	2	Eaton Vance Corp.		111
	1	Federal Home Loan Mortgage Corp.		74
	1	Franklin Resources, Inc.		92
	2	Health Net, Inc. (D)		86
	2	Humana, Inc. (D)		184
	1	IntercontinentalExchange, Inc. (D)		154
	3	Janus Capital Group, Inc.		115
	1	Jones Lang LaSalle, Inc.		60
	1	Mastercard, Inc.		128
	1	Medco Health Solutions, Inc. (D)		101
	2	Philadelphia Consolidated Holding Corp. (D)		67
	1	Prudential Financial, Inc.		78
	2	UnitedHealth Group, Inc.		89
	1	Wellcare Health Plans, Inc. (D)		30
	1	Wellpoint, Inc. (D)		62
	1	XL Capital Ltd. Class A		82
				1,992
		Health Care — 12.1%
	1	Abbott Laboratories		72
	1	Amgen, Inc. (D)		71
	3	Bristol-Myers Squibb Co.		76
	2	Coventry Health Care, Inc. (D)		108
	1	Eli Lilly & Co.		63
	3	Endo Pharmaceuticals Holdings, Inc. (D)		83
	3	Forest Laboratories, Inc. (D)		113
	2	Herbalife Ltd.		70
	2	Johnson & Johnson		110
	1	McKesson Corp.		87
	3	Merck & Co., Inc.		154
	2	Monsanto Co.		169
	2	Sepracor, Inc. (D)		68
	4	Warner Chilcott Ltd. (D)		83
	3	Watson Pharmaceuticals, Inc. (D)		84
	2	Wyeth		88
				1,499
		Services — 8.6%
	4	Accenture Ltd. Class A		144
	2	Autodesk, Inc. (D)		120
	1	DST Systems, Inc. (D)		73
	1	Fluor Corp.		125
	1	ITT Educational Services, Inc. (D)		112
	14	Novell, Inc. (D)		107
	8	Regal Entertainment Group		177
	4	Synopsys, Inc. (D)		101
	3	Walt Disney Co.		102
				1,061
		Technology — 26.9%
	3	Analog Devices, Inc.		84
	1	Apple, Inc. (D)		250
	4	Applied Materials, Inc.		69

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

­ ­  197  ­ ­

The Hartford LargeCap Growth Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
��	4	BMC Software, Inc. (D)			$	152
	3	CA, Inc.				88
	7	Cisco Systems, Inc. (D)				228
	1	Danaher Corp.				82
	2	Dolby Laboratories, Inc. Class A (D)				100
	7	EMC Corp. (D)				170
	1	Garmin Ltd.				91
	—	Google, Inc. (D)				169
	3	Hewlett-Packard Co.				157
	6	Intel Corp.				166
	1	International Business Machines Corp.				170
	3	Juniper Networks, Inc. (D)				122
	1	L-3 Communications Holdings, Inc.				76
	2	Lam Research Corp. (D)				93
	1	Lockheed Martin Corp.				100
	1	MEMC Electronic Materials, Inc. (D)				81
	6	Microsoft Corp.				226
	3	National Semiconductor Corp.				71
	4	NVIDIA Corp. (D)				142
	8	Oracle Corp. (D)				173
	3	Qualcomm, Inc.				126
	1	Raytheon Co.				71
	2	Texas Instruments, Inc.				68
						3,325
		Transportation — 0.7%
	2	UAL Corp. (D)				90
		Utilities — 1.3%
	2	Mirant Corp. (D)				92
	1	PPL Corp.				70
						162
		Total common stock (cost $11,204)			$	12,153
EXCHANGE TRADED FUNDS — 0.9%
		Finance — 0.9%
	2	iShares Russell 1000			$	111
		Total exchange traded funds (cost $109)			$	111
		Total long-term investments (cost $11,313)			$	12,264
Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 0.6%
		Repurchase Agreements — 0.3%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $14, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $14)
$	14	4.52% dated 10/31/2007			$	14
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $14, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012,
		U.S. Treasury Bond 6.25%, 2023, value of $14)
	14	4.50% dated 10/31/2007				14
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $14, collateralized by U.S. Treasury Note 9.25%, 2016, value of $14)
	14	4.48% dated 10/31/2007				14
						42
		U.S. Treasury Bills — 0.3%
	30	3.54%, 12/13/2007 (M)				30
		Total short-term investments (cost $72)			$	72
		Total investments (cost $11,385) (C)	99.8	%	$	12,336
		Other assets and liabilities	0.2	%		29
		Total net assets	100.0	%	$	12,365

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $11,412 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,331
Unrealized Depreciation		(407	)
Net Unrealized Appreciation	$	924

(D)	Currently non-income producing.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  198  ­ ­

The Hartford MidCap Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.8%
		Basic Materials — 11.6%
	479	Cameco Corp. (G)	$	23,480
	591	Carlisle Cos., Inc. (G)		23,299
	424	CF Industries Holdings, Inc. (G)		37,243
	502	Cleveland-Cliffs, Inc.		48,055
	456	FMC Corp.		26,231
	2,118	Kingboard Chemical Holdings Ltd. (A)		13,908
	411	Nucor Corp. (G)		25,484
	734	Owens-Illinois, Inc. (D)		32,600
	399	Peabody Energy Corp. (G)		22,244
	333	Potash Corp. of Saskatchewan		40,838
	227	Precision Castparts Corp. (G)		34,022
	794	Teck Cominco Ltd. Class B		39,675
	649	Thompson Creek Metals Co. Inc (D)		17,149
				384,228
		Capital Goods — 2.3%
	459	Kennametal, Inc.		41,838
	631	Toro Co. (G)		35,127
				76,965
		Consumer Cyclical — 16.6%
	504	Abercrombie & Fitch Co. Class A		39,933
	1,270	American Eagle Outfitters, Inc.		30,192
	1,292	BJ’s Wholesale Club, Inc. (D)(G)		46,350
	257	BorgWarner, Inc. (G)		27,136
	260	Crocs, Inc. (D)		19,446
	1,044	Dick’s Sporting Goods, Inc. (D)(G)		34,838
	294	Foster Wheeler Ltd. (D)		43,585
	770	Gildan Activewear, Inc. (D)(G)		34,596
	2,949	Greentown China Holdings (A)		6,306
	8,386	Li & Fung Ltd. (A)		39,795
	538	Liz Claiborne, Inc. (G)		15,321
	1,073	Newell Rubbermaid, Inc. (G)		31,289
	445	O’Reilly Automotive, Inc. (D)(G)		14,697
	525	Oshkosh Truck Corp. (G)		28,428
	7,266	Peace Mark Holdings Ltd. (A)		11,971
	1,279	PetSmart, Inc. (G)		38,309
	1,228	Supervalu, Inc.		47,593
	604	Tiffany & Co. (G)		32,741
	123	Under Armour, Inc. Class A (D)(G)		7,650
				550,176
		Consumer Staples — 1.4%
	748	Clorox Co. (G)		46,821
		Energy — 7.2%
	809	Forest Oil Corp. (D)		39,309
	631	GlobalSantaFe Corp.		51,162
	74	Marathon Oil Corp.		4,367
	409	Noble Energy, Inc. (G)		31,290
	391	Southwestern Energy Co. (D)(G)		20,242
	316	Sunoco, Inc. (G)		23,287
	1,246	UGI Corp.		33,174
	481	Ultra Petroleum Corp. (D)		34,105
	880	WesternZagros Resources Ltd. (D)		3,352
				240,288
		Finance — 10.7%
	6,652	Aberdeen Asset Management plc (A)		28,391
	171	Blackrock, Inc. (G)		35,430
	695	Commerce Bancorp, Inc. (G)		28,338
	206	Everest Re Group Ltd.		21,947
	264	Forest City Enterprises, Inc. Class A (G)		15,033
	346	Health Net, Inc. (D)		18,560
	360	Kimco Realty Corp. (G)		14,926
		Finance — (continued)
	443	State Street Corp. (G)		35,370
	547	T. Rowe Price Group, Inc. (G)		35,120
	1,704	UCBH Holdings, Inc. (G)		29,089
	1,352	Unum Group (G)		31,551
	213	Waddell and Reed Financial, Inc. Class A		7,059
	407	Webster Financial Corp. (G)		14,757
	1,869	Western Union Co.		41,197
				356,768
		Health Care — 11.7%
	264	Amylin Pharmaceuticals, Inc. (D)(G)		11,872
	872	Barr Pharmaceuticals, Inc. (D)(G)		49,960
	811	Beckman Coulter, Inc. (G)		57,428
	386	Cephalon, Inc. (D)(G)		28,473
	725	Charles River Laboratories International, Inc. (D)(G)		42,061
	1,252	Community Health Systems, Inc. (D)(G)		41,235
	1,009	Elan Corp. plc ADR (D)(G)		24,005
	87	Intuitive Surgical, Inc. (D)(G)		28,307
	695	Respironics, Inc. (D)(G)		34,777
	624	St. Jude Medical, Inc. (D)(G)		25,428
	760	Universal Health Services, Inc. Class B (G)		37,069
	219	Vertex Pharmaceuticals, Inc. (D)(G)		7,079
				387,694
		Services — 15.0%
	3,254	Allied Waste Industries, Inc. (D)(G)		41,134
	724	Autodesk, Inc. (D)(G)		35,389
	397	C.H. Robinson Worldwide, Inc. (G)		19,833
	104	Cablevision Systems Corp. (D)(G)		3,036
	2,133	Cadence Design Systems, Inc. (D)(G)		41,814
	313	Diebold, Inc. (G)		13,101
	1,197	DreamWorks Animation SKG, Inc. (D)		38,988
	1,244	Equifax, Inc. (D)(G)		47,901
	147	Factset Research Systems, Inc.		10,338
	119	Fluor Corp. (G)		18,865
	259	ITT Educational Services, Inc. (D)(G)		32,968
	647	Manpower, Inc. (G)		48,327
	397	Paychex, Inc. (G)		16,570
	1,835	Republic Services, Inc.		62,740
	1,400	Robert Half International, Inc. (G)		42,111
	134	Strayer Education, Inc. (G)		24,911
				498,026
		Technology — 17.0%
	1,044	Activision, Inc. (D)(G)		24,679
	2,591	Altera Corp. (G)		50,828
	567	American Tower Corp. Class A (D)(G)		25,042
	489	CommScope, Inc. (D)		23,076
	246	Ctrip.com International Ltd.		13,887
	349	DaVita, Inc. (D)		22,758
	728	Electronic Arts, Inc. (D)(G)		44,471
	760	Emulex Corp. (D)(G)		16,457
	293	Equinix, Inc. (D)		34,216
	452	F5 Networks, Inc. (D)		16,293
	370	FLIR Systems, Inc. (D)(G)		25,647
	653	Lam Research Corp. (D)(G)		32,782
	683	Linear Technology Corp. (G)		22,553
	296	Logitech International S.A. (D)		10,455
	1,204	McAfee, Inc. (D)		49,769
	684	National Instruments Corp. (G)		22,179
	309	Network Appliance, Inc. (D)(G)		9,730
	469	Rockwell Collins, Inc. (G)		35,093
	100	Roper Industries, Inc.		7,109
	561	SanDisk Corp. (D)		24,904

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

­ ­  199  ­ ­

The Hartford MidCap Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	4,038	Sonus Networks, Inc. (D)(G)			$	27,862
	772	VeriSign, Inc. (D)(G)				26,321
						566,111
		Transportation — 2.4%
	279	Expeditors International of Washington, Inc.				14,142
	1,321	J.B. Hunt Transport Services, Inc. (G)				36,629
	705	Landstar System, Inc. (G)				29,665
						80,436
		Utilities — 1.9%
	1,039	Northeast Utilities				32,017
	671	NRG Energy, Inc. (D)(G)				30,620
						62,637
		Total common stock (cost $2,680,284)			$	3,250,150
WARRANTS — 0.0%
		Energy — 0.0%
	88	WesternZagros Resources Ltd.			$	103
		Total warrants (cost $0)			$	103
		Total long-term investments (cost $2,680,284)			$	3,250,253
Principal
Amount
SHORT-TERM INVESTMENTS — 21.7%
		Repurchase Agreements — 1.0%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $11,980, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $12,218)
$	11,979	4.94% dated 10/31/2007			$	11,979
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,067, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $3,128)
	3,066	4.94% dated 10/31/2007				3,066
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,067, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $3,128)
	3,066	4.94% dated 10/31/2007				3,066
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $14, collateralized by U.S. Treasury Note 2.63%, 2008, value of $14)
	14	4.94% dated 10/31/2007				14
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $6,675, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $6,808)
	6,674	4.94% dated 10/31/2007				6,674
		Repurchase Agreements — (continued)
Principal					Market
Amount					Value (W)
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $7,871, collateralized by FNMA 6.00%, 2036 — 2037, value of $8,027)
	7,870	4.94% dated 10/31/2007				7,870
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,044, collateralized by FNMA 6.00%, 2036 — 2037, value of $2,085)
	2,044	4.94% dated 10/31/2007				2,044
						34,713
Shares
		Securities Purchased with Proceeds from Security Lending — 20.7%
		Cash Collateral Reinvestment Fund:
	687,782	Mellon GSL DBT II Collateral Fund				687,231
		Total short-term investments (cost $721,944)			$	721,944
		Total investments (cost $3,402,228) (C)	119.5	%	$	3,972,197
		Other assets and liabilities	(19.5	)%		(648,988	)
		Total net assets	100.0	%	$	3,323,209

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 9.27% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $3,403,133 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	607,904
Unrealized Depreciation		(38,840	)
Net Unrealized Appreciation	$	569,064

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $100,371, which represents 3.02% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Canadian Dollar (Buy)	$	106	$	105		11/01/07	$	1
Canadian Dollar (Buy)		1,639		1,624		11/02/07		15
Canadian Dollar (Buy)		1,591		1,593		11/05/07		(2	)
Hong Kong Dollar (Buy)		269		269		11/01/07		—
Hong Kong Dollar (Sell)		608		608		11/02/07		—
							$	14

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  200  ­ ­

The Hartford MidCap Growth Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.0%
		Basic Materials — 8.6%
	2	Airgas, Inc.	$	76
	1	Ball Corp.		49
	3	Cabot Corp.		108
	—	Carpenter Technology Corp.		67
	1	Celanese Corp.		47
	21	Chemtura Corp.		197
	2	Church & Dwight Co., Inc.		83
	1	Cleveland-Cliffs, Inc.		80
	10	Domtar Corp. (D)		89
	3	Goodyear Tire & Rubber Co. (D)		80
	2	Lubrizol Corp.		152
	3	Massey Energy Co.		92
	2	Rohm & Haas Co.		80
	4	RPM International, Inc.		95
	2	Sealed Air Corp.		61
	3	Steel Dynamics, Inc.		151
	5	Valspar Corp.		124
				1,631
		Capital Goods — 4.9%
	1	Cummins, Inc.		60
	1	Goodrich Corp.		50
	3	Joy Global, Inc.		189
	3	Lennox International, Inc.		119
	1	Manitowoc Co., Inc.		68
	2	National Oilwell Varco, Inc. (D)		133
	2	Pall Corp.		86
	1	Smith International, Inc.		49
	1	Textron, Inc.		57
	2	Varian Semiconductor Equipment Associates, Inc. (D)		111
				922
		Consumer Cyclical — 14.4%
	1	Abercrombie & Fitch Co. Class A		55
	—	AutoZone, Inc. (D)		61
	3	Avnet, Inc. (D)		135
	5	Big Lots, Inc. (D)		127
	3	Coach, Inc. (D)		102
	3	Crocs, Inc. (D)		203
	2	Dick’s Sporting Goods, Inc. (D)		60
	4	Dollar Tree Stores, Inc. (D)		154
	2	Family Dollar Stores, Inc.		46
	1	Fastenal Co.		55
	1	Foster Wheeler Ltd. (D)		160
	3	GameStop Corp. Class A (D)		154
	3	Guess?, Inc.		137
	3	MSC Industrial Direct Co., Inc.		126
	2	Nalco Holding Co.		58
	2	Nordstrom, Inc.		84
	—	NVR, Inc. (D)		159
	8	RadioShack Corp.		172
	3	Reliance Steel & Aluminum		155
	5	Saks, Inc.		104
	1	Scotts Miracle-Gro Co. Class A		61
	1	Sherwin-Williams Co.		55
	2	Tiffany & Co.		87
	4	TJX Cos., Inc.		113
	3	Yum! Brands, Inc.		108
				2,731
		Consumer Staples — 1.9%
	2	Loews Corp. — Carolina Group		146
	2	UST, Inc.		102
	2	William Wrigley, Jr. Co.		114
				362
		Energy — 13.0%
	2	BJ Services Co.		53
	2	Cabot Oil & Gas Corp.		77
	7	Chesapeake Energy Corp.		259
	2	ENSCO International, Inc.		87
	2	Frontier Oil Corp.		87
	3	Global Industries (D)		64
	1	GlobalSantaFe Corp.		53
	2	Helix Energy Solutions Group, Inc. (D)		102
	1	Holly Corp.		50
	4	Nabors Industries Ltd. (D)		112
	1	Noble Energy, Inc.		73
	3	Pride International, Inc. (D)		113
	3	Rowan Companies, Inc.		102
	2	Sunoco, Inc.		155
	2	Superior Energy Services, Inc. (D)		56
	5	Tesoro Corp.		282
	2	Tidewater, Inc.		102
	4	Unit Corp. (D)		182
	7	W&T Offshore, Inc.		193
	1	Weatherford International Ltd. (D)		79
	3	Western Refining, Inc.		114
	2	Williams Cos., Inc.		69
				2,464
		Finance — 10.6%
	1	Affiliated Managers Group, Inc. (D)		83
	2	CB Richard Ellis Group, Inc. Class A (D)		50
	2	Cigna Corp.		100
	4	Eaton Vance Corp.		185
	2	Federated Investors, Inc.		86
	2	Health Net, Inc. (D)		106
	4	Humana, Inc. (D)		276
	1	IntercontinentalExchange, Inc. (D)		219
	3	Janus Capital Group, Inc.		100
	1	Jones Lang LaSalle, Inc.		86
	1	Mastercard, Inc.		224
	2	Nuveen Investments, Inc. Class A		137
	1	ProLogis		47
	2	T. Rowe Price Group, Inc.		116
	2	Taubman Centers, Inc.		94
	2	Wellcare Health Plans, Inc. (D)		56
	1	XL Capital Ltd. Class A		55
				2,020
		Health Care — 7.2%
	1	Allergan, Inc.		61
	3	Amerisource Bergen Corp.		128
	2	Barr Pharmaceuticals, Inc. (D)		93
	2	Coventry Health Care, Inc. (D)		129
	4	Endo Pharmaceuticals Holdings, Inc. (D)		114
	1	Henry Schein, Inc. (D)		68
	3	Herbalife Ltd.		118
	2	Hospira, Inc. (D)		64
	3	ImClone Systems, Inc. (D)		128
	—	Intuitive Surgical, Inc. (D)		133
	2	Kinetic Concepts, Inc. (D)		95
	3	Sepracor, Inc. (D)		86
	5	Watson Pharmaceuticals, Inc. (D)		159
				1,376
		Services — 12.6%
	2	Apollo Group, Inc. Class A (D)		181
	3	Autodesk, Inc. (D)		130
	2	Cognizant Technology Solutions Corp. (D)		96
	4	CTC Media, Inc. (D)		112
	4	Discovery Holding Co. (D)		114
	2	Dow Jones & Co., Inc.		97
	1	DST Systems, Inc. (D)		114

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

­ ­  201  ­ ­

The Hartford MidCap Growth Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Services — (continued)
	7	Electronic Data Systems Corp.			$	152
	2	Equifax, Inc. (D)				75
	2	Express Scripts, Inc. (D)				135
	1	Factset Research Systems, Inc.				65
	1	Harsco Corp.				57
	1	IDEXX Laboratories, Inc. (D)				61
	1	ITT Educational Services, Inc. (D)				168
	3	Liberty Global, Inc. (D)				134
	22	Novell, Inc. (D)				165
	2	Paychex, Inc.				85
	5	Regal Entertainment Group				108
	3	Stericycle, Inc. (D)				149
	2	URS Corp. (D)				131
	1	Weight Watchers International, Inc.				71
						2,400
		Technology — 20.2%
	1	Affiliated Computer Services, Inc. Class A (D)				61
	3	Agilent Technologies, Inc. (D)				103
	4	Altera Corp.				77
	2	American Tower Corp. Class A (D)				98
	2	AMETEK, Inc.				81
	1	Analog Devices, Inc.				42
	1	Arrow Electronics, Inc. (D)				52
	5	BMC Software, Inc. (D)				154
	9	Brocade Communications Systems, Inc. (D)				81
	6	CA, Inc.				163
	1	CommScope, Inc. (D)				68
	8	Compuware Corp. (D)				77
	1	Dentsply International, Inc.				61
	4	Dolby Laboratories, Inc. Class A (D)				160
	1	Harris Corp.				87
	1	Hologic, Inc. (D)				48
	3	Intersil Corp.				102
	3	Juniper Networks, Inc. (D)				101
	2	KLA-Tencor Corp.				109
	1	L-3 Communications Holdings, Inc.				91
	2	MEMC Electronic Materials, Inc. (D)				138
	1	Mettler-Toledo International, Inc. (D)				63
	3	Microchip Technology, Inc.				106
	6	National Semiconductor Corp.				141
	4	NCR Corp. (D)				123
	2	NVIDIA Corp. (D)				81
	6	QLogic Corp. (D)				95
	2	Rockwell Collins, Inc.				144
	1	Roper Industries, Inc.				48
	3	SanDisk Corp. (D)				134
	3	SBA Communications Corp. (D)				103
	2	Telephone and Data Systems, Inc.				151
	2	Teradata Corp. (D)				63
	1	Thomas & Betts Corp. (D)				62
	2	Trimble Navigation Ltd. (D)				99
	1	U.S. Cellular Corp. (D)				99
	4	VeriSign, Inc. (D)				136
	2	Waters Corp. (D)				148
	4	Western Digital Corp. (D)				93
						3,843
		Transportation — 1.5%
	4	Frontline Ltd.				198
	4	Gentex Corp.				91
						289
		Utilities — 4.1%
	9	CenterPoint Energy, Inc.				147
	1	Constellation Energy Group, Inc.				102
	13	Dynegy Holdings, Inc. (D)				116
		Utilities — (continued)
	3	NRG Energy, Inc. (D)				151
	1	PPL Corp.				50
	12	Sierra Pacific Resources				208
						774
		Total common stock (cost $17,688)			$	18,812
EXCHANGE TRADED FUNDS — 0.6%
		Finance — 0.6%
	1	iShares Russell Midcap Growth			$	119
		Total exchange traded funds (cost $118)			$	119
		Total long-term investments (cost $17,806)			$	18,931
Principal
Amount
SHORT-TERM INVESTMENTS — 1.0%
		Repurchase Agreements — 1.0%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $63, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $64)
$	63	4.52% dated 10/31/2007			$	63
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $63, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $64)
	63	4.50% dated 10/31/2007				63
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $63, collateralized by U.S. Treasury Note 9.25%, 2016, value of $64)
	63	4.48% dated 10/31/2007				63
		Total short-term investments (cost $189)			$	189
		Total investments (cost $17,995) (C)	100.6	%	$	19,120
		Other assets and liabilities	(0.6	)%		(123	)
		Total net assets	100.0	%	$	18,997

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $18,004 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,973
Unrealized Depreciation		(857	)
Net Unrealized Appreciation	$	1,116

(D)	Currently non-income producing.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  202  ­ ­

The Hartford MidCap Value Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.4%
		Basic Materials — 16.0%
	117	Arch Coal, Inc.	$	4,781
	110	Carlisle Cos., Inc. (G)		4,343
	157	Celanese Corp. (G)		6,600
	460	Chemtura Corp.		4,285
	50	Cleveland-Cliffs, Inc. (G)		4,763
	96	Cytec Industries, Inc.		6,417
	147	FMC Corp.		8,441
	65	Greif, Inc.		4,147
	3,880	Kingboard Laminates Holdings (A)		3,449
	162	Owens-Illinois, Inc. (D)		7,205
	110	Pentair, Inc. (G)		3,879
	151	UAP Holding Corp. (G)		4,800
	407	Uranium One, Inc. (D)		4,522
	249	USEC, Inc. (D)(G)		2,193
				69,825
		Capital Goods — 9.9%
	44	AGCO Corp. (D)(G)		2,620
	60	Alliant Techsystems, Inc. (D)(G)		6,601
	106	American Standard Cos., Inc.		3,958
	76	Goodrich Corp.		5,287
	85	Kennametal, Inc.		7,762
	121	Toro Co. (G)		6,713
	224	Varian Semiconductor Equipment Associates, Inc. (D)(G)		10,287
				43,228
		Consumer Cyclical — 8.8%
	52	BorgWarner, Inc. (G)		5,497
	2,375	Buck Holdings L.P. (A)(D)(H)		2,138
	401	Circuit City Stores, Inc. (G)		3,176
	165	Copart, Inc. (D)		6,317
	105	Liz Claiborne, Inc.		2,992
	74	MDC Holdings, Inc.		3,010
	92	Newell Rubbermaid, Inc.		2,680
	230	Office Depot, Inc. (D)		4,317
	85	United Stationers, Inc. (D)(G)		4,928
	68	Wabco Holdings, Inc.		3,471
				38,526
		Consumer Staples — 5.5%
	67	Bunge Ltd. Finance Corp. (G)		7,718
	99	Cosan Ltd. (D)		1,255
	194	Dean Foods Co. (G)		5,387
	6,282	Marine Harvest (A)(D)		6,413
	109	Smithfield Foods, Inc. (D)(G)		3,131
				23,904
		Energy — 5.5%
	314	Brasil EcoDiesel Industria (D)(I)		1,960
	168	Brasil EcoDiesel Industria ADR (D)		1,048
	157	Newfield Exploration Co. (D)		8,437
	91	Noble Energy, Inc. (G)		6,934
	215	UGI Corp.		5,713
				24,092
		Finance — 13.5%
	45	Affiliated Managers Group, Inc. (D)(G)		5,907
	118	CIT Group, Inc. (G)		4,141
	7	City National Corp.		460
	184	Commerce Bancorp, Inc.		7,482
	379	E*Trade Financial Corp. (D)(G)		4,222
	47	Everest Re Group Ltd.		5,039
	252	Genesis Lease Ltd.		5,531
	129	Liberty Property Trust		4,853
	133	Platinum Underwriters Holdings Ltd.		4,777
	132	Reinsurance Group of America, Inc. (G)		7,539
	164	Thornburg Mortgage, Inc. (G)		1,721
	15	UnionBanCal Corp. (G)		799
		Finance — (continued)
	111	Unum Group (G)		2,581
	108	Webster Financial Corp. (G)		3,907
				58,959
		Health Care — 8.0%
	182	Barr Pharmaceuticals, Inc. (D)		10,427
	88	Cooper Co., Inc. (G)		3,709
	186	Endo Pharmaceuticals Holdings, Inc. (D)		5,438
	536	Impax Laboratories, Inc. (D)(G)		5,762
	195	Theravance, Inc. (D)		4,871
	122	West Pharmaceutical Services		5,060
				35,267
		Services — 9.6%
	195	Avis Budget Group, Inc. (D)		4,078
	561	BearingPoint, Inc. (D)(G)		2,686
	47	Cablevision Systems Corp. (D)		1,387
	160	CACI International, Inc. Class A (D)(G)		8,594
	147	Entercom Communications Corp. (G)		2,725
	183	R.H. Donnelley Corp. (D)(G)		10,020
	154	R.R. Donnelley & Sons Co.		6,185
	103	URS Corp. (D)		6,348
				42,023
		Technology — 12.8%
	276	Arrow Electronics, Inc. (D)(G)		11,046
	282	Cinram International Income Fund		3,913
	70	Embarq Corp.		3,726
	343	Fairchild Semiconductor International, Inc. (D)(G)		6,251
	639	Flextronics International Ltd. (D)		7,866
	365	JDS Uniphase Corp. (D)(G)		5,565
	148	McAfee, Inc. (D)		6,128
	64	NCR Corp. (D)		1,760
	182	Solar Cayman Ltd. (A)(D)(H)		2,478
	196	Virgin Media, Inc.		4,325
	38	Whirlpool Corp.		3,009
				56,067
		Transportation — 4.0%
	272	American Commercial Lines, Inc. (D)(G)		4,049
	297	Northwest Airlines Corp. (D)		5,500
	45	Trinity Industries, Inc. (G)		1,632
	60	UAL Corp. (D)(G)		2,879
	183	Werner Enterprises, Inc.		3,473
				17,533
		Utilities — 4.8%
	202	Northeast Utilities (G)		6,219
	44	SBM Offshore N.V. (A)		1,697
	352	Sierra Pacific Resources		5,943
	149	Wisconsin Energy Corp.		7,110
				20,969
		Total common stock (cost $363,496)	$	430,393
PREFERRED STOCK — 0.2%
		Finance — 0.2%
	27	Thornburg Mortgage, Inc. (X)	$	662
		Total preferred stock (cost $708)	$	662
		Total long-term investments (cost $364,204)	$	431,055

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

­ ­  203  ­ ­

The Hartford MidCap Value Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 20.4%
		Repurchase Agreements — 1.2%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,904, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $1,942)
$	1,904	4.94% dated 10/31/2007			$	1,904
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $487, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $497)
	487	4.94% dated 10/31/2007				487
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $487, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $497)
	487	4.94% dated 10/31/2007				487
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2, collateralized by U.S. Treasury Note 2.63%, 2008, value of $2)
	2	4.94% dated 10/31/2007				2
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,061, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $1,082)
	1,061	4.94% dated 10/31/2007				1,061
		JPMorgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,251, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,276)
	1,251	4.94% dated 10/31/2007				1,251
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $325, collateralized by FNMA 6.00%, 2036 — 2037, value of $331)
	325	4.94% dated 10/31/2007				325
						5,517
Shares
		Securities Purchased with Proceeds from Security Lending — 19.2%
		Cash Collateral Reinvestment Fund:
	83,935	Mellon GSL DBT II Collateral Fund				83,868
		Total short-term investments (cost $89,385)			$	89,385
		Total investments (cost $453,589) (C)	119.0	%	$	520,440
		Other assets and liabilities	(19.0	)%		(83,003	)
		Total net assets	100.0	%	$	437,437

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 6.02% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $454,258 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	91,316
Unrealized Depreciation		(25,134	)
Net Unrealized Appreciation	$	66,182

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $16,175, which represents 3.70% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $1,960, which represents 0.45% of total net assets.
(X)	Convertible security.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
6/2007		2,375	Buck Holdings L.P.	$	2,378
3/2007		182	Solar Cayman Ltd.		2,733

The aggregate value of these securities at October 31, 2007 was $4,616 which represents 1.06% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Canadian Dollar (Buy)	$	446	$	447		11/05/07	$	(1	)
Norwegian Krone (Buy)		69		69		11/01/07		—
Norwegian Krone (Buy)		162		163		11/02/07		(1	)
Norwegian Krone (Buy)		52		52		11/05/07		—
							$	(2	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  204  ­ ­

The Hartford Money Market Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
		Consumer Cyclical — 3.9%
		Eksportfinans
$	16,730	4.78%, 12/04/2007	$	16,658
		Consumer Staples — 5.8%
		KFW International Holdings
	13,968	4.65%, 11/06/2007 — 11/07/2007 (I)		13,958
		Unilever Capital Corp.
	3,000	5.10%, 08/11/2008 (I)(L)		3,000
	7,750	5.27%, 11/13/2007 (I)		7,736
				24,694
		Energy — 2.5%
		ConocoPhillips
	4,500	4.75%, 11/05/2007 (I)		4,498
		ConocoPhillips Qatar Funding
	2,800	4.86%, 01/23/2008 (I)		2,769
	3,400	5.02%, 01/23/2008 (I)		3,361
				10,628
		Finance — 70.8%
		Alliance & Leicester plc
	3,700	5.21%, 11/06/2007		3,697
	3,600	5.23%, 11/06/2007		3,597
	3,400	5.26%, 11/06/2007		3,398
		American Express Credit Corp.
	6,900	5.36%, 12/03/2007		6,867
		American General Finance Corp.
	1,800	5.33%, 01/18/2008 (L)		1,801
		American Honda Finance Corp.
	2,500	5.36%, 08/06/2008 (I)(L)		2,498
	3,700	5.47%, 05/12/2008 (I)(L)		3,700
	3,700	5.90%, 09/18/2008 (I)(L)		3,700
		Australia & New Zealand Banking GR
	5,250	4.78%, 11/26/2007 (I)		5,233
	5,250	5.04%, 01/11/2008 (I)		5,198
		Bank of America Corp.
	5,000	4.69%, 02/28/2008		4,924
	3,500	4.99%, 11/08/2007 (L)		3,500
	5,700	5.00%, 12/18/2007		5,700
		Bank of Scotland
	4,000	5.09%, 01/23/2008		3,954
		Bear Stearns & Co., Inc.
	3,000	5.09%, 08/14/2008 (L)		3,000
		Citibank NA
	4,400	5.52%, 12/13/2007		4,400
	9,100	5.62%, 12/04/2007		9,100
		Danske Bank
	3,000	4.97%, 08/19/2008 (I)(L)		3,000
		Danske Corp.
	3,500	4.91%, 11/14/2007		3,494
	6,250	5.42%, 02/11/2008		6,156
		General Electric Capital Corp.
	5,500	4.77%, 11/20/2007		5,486
	4,000	4.79%, 11/14/2007		3,993
	4,000	4.83%, 01/24/2008		3,955
	2,600	4.91%, 08/22/2008 (L)		2,600
		Finance — (continued)
		Goldman Sachs Group
	4,400	4.83%, 12/20/2007		4,371
	6,500	4.88%, 01/18/2008		6,432
		HBOS Treasury Services plc
	3,560	5.11%, 09/08/2008 (I)(L)		3,560
		HBOS Treasury Services plc
	3,600	5.45%, 11/05/2007		3,598
		HSBC Finance Corp.
	3,500	5.13%, 09/06/2008 (L)		3,500
		John Deere Capital Corp.
	2,250	4.55%, 11/09/2007		2,248
	5,250	4.68%, 11/28/2007 (I)		5,231
	5,250	4.78%, 02/01/2008		5,187
		JP Morgan Chase & Co.
	3,800	5.11%, 09/02/2008 (L)		3,800
	7,500	5.15%, 01/25/2008 (L)		7,501
	4,000	5.27%, 11/09/2007		3,995
		Lehman Brothers Holdings, Inc.
	3,000	5.36%, 10/27/2008 (L)		3,000
		Merrill Lynch & Co., Inc.
	4,000	4.79%, 11/28/2007		3,986
	3,000	5.03%, 08/22/2008 (L)		3,000
	4,000	5.05%, 06/26/2008 (L)		4,001
		Morgan Stanley Dean Witter, Inc.
	3,200	5.01%, 11/29/2007 (L)		3,200
	3,100	5.45%, 03/24/2008 (L)		3,100
	5,300	5.61%, 01/30/2008		5,227
		Nationwide Building Society
	7,500	5.49%, 11/19/2007 (I)		7,480
		Nordea Bank Ab
	3,300	5.11%, 09/08/2008 (I)(L)		3,300
		Skandinaviska Enskilda Bank
	3,500	4.78%, 02/01/2008 (I)		3,458
	7,000	5.40%, 11/27/2007 (I)		6,973
		Skandinaviska Enskilda Bank NY
	3,400	5.12%, 09/08/2008 (I)(L)		3,400
		State Street Bank & Trust Co.
	9,100	5.70%, 12/04/2007		9,100
		State Street Corp
	4,000	5.12%, 12/03/2007		4,000
		Svenska Handelsbanken Ab
	3,000	5.06%, 11/12/2008 (L)		3,000
	8,250	5.39%, 11/23/2007 (I)		8,223
		Swedbank
	5,500	4.82%, 02/28/2008		5,414
	7,400	5.38%, 11/08/2007		7,392
		Toyota Motor Credit Corp.
	1,750	4.82%, 11/26/2007		1,744
	7,000	4.82%, 07/17/2008 (L)		7,000
	8,000	5.26%, 11/05/2007		7,995
		UBS Finance LLC
	4,000	4.89%, 02/26/2008		3,937
	4,500	4.98%, 03/19/2008		4,415
	5,500	5.28%, 11/02/2007		5,499
		Wachovia Bank NA
	8,300	5.24%, 02/04/2008		8,300

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

­ ­  205  ­ ­

The Hartford Money Market Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
		Finance — (continued)
		Wells Fargo & Co.
$	4,000	4.65%, 11/01/2007			$	4,000
	3,000	4.80%, 11/09/2007				2,997
	3,000	5.11%, 08/15/2008 (L)				3,000
	3,800	5.17%, 03/10/2008 (L)				3,801
		Westpac Banking Corp.
	5,000	4.73%, 01/30/2008				4,942
	3,400	5.05%, 09/15/2008 (I)(L)				3,400
						300,658
		Health Care — 3.3%
		Astrazeneca plc
	6,400	5.06%, 12/04/2007 (I)				6,370
	7,400	5.38%, 12/14/2007				7,353
						13,723
		Repurchase Agreements — 12.5%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $17,735, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $18,026)
	17,733	4.52% dated 10/31/2007				17,733
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $17,664, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $17,968)
	17,661	4.50% dated 10/31/2007				17,661
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $17,735, collateralized by U.S. Treasury Note 9.25%, 2016, value of $17,948)
	17,733	4.48% dated 10/31/2007				17,733
						53,127
		Services — 1.8%
		Walt Disney Co.
	2,100	4.77%, 01/07/2008				2,081
	5,750	4.90%, 01/23/2008				5,686
						7,767
		Total investments (cost $427,255) (C)	100.6	%	$	427,255
		Other assets and liabilities	(0.6	)%		(2,404	)
		Total net assets	100.0	%	$	424,851

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. The rates presented in this Schedule of Investments are yields, unless otherwise noted. Market value of investments in foreign securities represents 28.86% of total net assets at October 31, 2007.

(C)	Also represents cost for tax purposes.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $110,046, which represents 25.90% of total net assets.
(L)	Variable rate securities; the yield reported is the rate in effect at October 31, 2007.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of October 31, 2007

	Percentage of
Country	Net Assets
Australia		0.8	%
Austria		3.6
Denmark		0.7
Norway		3.9
Sweden		2.3
Switzerland		7.4
United Kingdom		10.2
United States		71.7
Other Assets and Liabilities		(0.6	)
Total		100.0	%

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

­ ­  206  ­ ­

The Hartford Retirement Income Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 98.7%
EQUITY FUNDS — 29.6%
	6	The Hartford Capital Appreciation Fund, Class Y			$	290
	7	The Hartford Disciplined Equity Fund, Class Y				106
	3	The Hartford Global Growth Fund, Class Y				84
	3	The Hartford International Opportunities Fund, Class Y				73
	5	The Hartford International Small Company Fund, Class Y				84
	7	The Hartford Select MidCap Value Fund, Class Y				83
	7	The Hartford Select SmallCap Value Fund, Class Y				78
	2	The Hartford Stock Fund, Class Y				57
	16	The Hartford Value Fund, Class Y				220
		Total equity funds (cost $1,006)			$	1,075
FIXED INCOME FUNDS — 66.4%
	23	The Hartford Floating Rate Fund, Class Y			$	223
	59	The Hartford Income Fund, Class Y				592
	45	The Hartford Inflation Plus Fund, Class Y				478
	68	The Hartford Short Duration Fund, Class Y				665
	4	The Hartford Strategic Income Fund, Class Y				36
	40	The Hartford Total Return Bond Fund, Class Y				421
		Total fixed income funds (cost $2,418)			$	2,415
MONEY MARKET FUNDS — 2.7%
	99	Hartford Money Market Fund, Class Y			$	99
		Total money market funds (cost $99)			$	99
		Total investments in affiliated investment companies (cost $3,523) (C)	98.7	%	$	3,589
		Other assets and liabilities	1.3	%		49
		Total net assets	100.0	%	$	3,638

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $3,529 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	85
Unrealized Depreciation		(25	)
Net Unrealized Appreciation	$	60

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  207  ­ ­

The Hartford Select MidCap Growth Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.3%
		Basic Materials — 8.6%
	2	Airgas, Inc.	$	124
	2	Ball Corp.		79
	5	Cabot Corp.		181
	1	Carpenter Technology Corp.		107
	2	Celanese Corp.		77
	35	Chemtura Corp.		326
	3	Church & Dwight Co., Inc.		142
	1	Cleveland-Cliffs, Inc.		134
	17	Domtar Corp. (D)(G)		148
	4	Goodyear Tire & Rubber Co. (D)(G)		133
	4	Lubrizol Corp.		254
	5	Massey Energy Co.		157
	2	Rohm & Haas Co.		129
	8	RPM International, Inc.		161
	3	Sealed Air Corp.		87
	5	Steel Dynamics, Inc.		253
	8	Valspar Corp.		208
				2,700
		Capital Goods — 4.9%
	1	Cummins, Inc.		97
	1	Goodrich Corp.		85
	5	Joy Global, Inc.		314
	6	Lennox International, Inc.		196
	2	Manitowoc Co., Inc.		115
	3	National Oilwell Varco, Inc. (D)		221
	4	Pall Corp.		144
	1	Smith International, Inc.		82
	1	Textron, Inc.		94
	4	Varian Semiconductor Equipment Associates, Inc. (D)		187
				1,535
		Consumer Cyclical — 14.3%
	1	Abercrombie & Fitch Co. Class A		92
	1	AutoZone, Inc. (D)(G)		96
	5	Avnet, Inc. (D)(G)		219
	9	Big Lots, Inc. (D)		211
	5	Coach, Inc. (D)		169
	4	Crocs, Inc. (D)(G)		335
	3	Dick’s Sporting Goods, Inc. (D)(G)		100
	7	Dollar Tree Stores, Inc. (D)(G)		257
	3	Family Dollar Stores, Inc.		73
	2	Fastenal Co.		89
	2	Foster Wheeler Ltd. (D)		267
	4	GameStop Corp. Class A (D)		258
	4	Guess?, Inc.		229
	4	MSC Industrial Direct Co., Inc.		209
	4	Nalco Holding Co.		96
	4	Nordstrom, Inc.		141
	1	NVR, Inc. (D)(G)		264
	14	RadioShack Corp.		282
	4	Reliance Steel & Aluminum		259
	8	Saks, Inc.		176
	2	Scotts Miracle-Gro Co. Class A		101
	1	Sherwin-Williams Co.		93
	3	Tiffany & Co.		144
		Consumer Cyclical — (continued)
	7	TJX Cos., Inc.		191
	4	Yum! Brands, Inc.		163
				4,514
		Consumer Staples — 1.9%
	3	Loews Corp. — Carolina Group		242
	3	UST, Inc.		175
	3	William Wrigley, Jr. Co.		191
				608
		Energy — 12.9%
	3	BJ Services Co.		86
	3	Cabot Oil & Gas Corp.		131
	11	Chesapeake Energy Corp.		424
	2	ENSCO International, Inc.		122
	3	Frontier Oil Corp.		145
	4	Global Industries (D)		106
	1	GlobalSantaFe Corp. (G)		89
	4	Helix Energy Solutions Group, Inc. (D)(G)		172
	1	Holly Corp.		85
	7	Nabors Industries Ltd. (D)(G)		188
	2	Noble Energy, Inc.		126
	4	Pride International, Inc. (D)(G)		157
	4	Rowan Companies, Inc.		162
	4	Sunoco, Inc.		258
	3	Superior Energy Services, Inc. (D)(G)		95
	8	Tesoro Corp.		470
	3	Tidewater, Inc.		171
	6	Unit Corp. (D)		304
	12	W&T Offshore, Inc.		318
	2	Weatherford International Ltd. (D)(G)		130
	5	Western Refining, Inc.		191
	3	Williams Cos., Inc.		117
				4,047
		Finance — 10.7%
	1	Affiliated Managers Group, Inc. (D)(G)		139
	3	CB Richard Ellis Group, Inc. Class A (D)(G)		81
	3	Cigna Corp.		168
	6	Eaton Vance Corp.		279
	3	Federated Investors, Inc.		146
	3	Health Net, Inc. (D)		177
	6	Humana, Inc. (D)(G)		460
	2	IntercontinentalExchange, Inc. (D)		363
	5	Janus Capital Group, Inc.		166
	1	Jones Lang LaSalle, Inc.		142
	2	Mastercard, Inc.		371
	4	Nuveen Investments, Inc. Class A		243
	1	ProLogis		80
	3	T. Rowe Price Group, Inc.		219
	3	Taubman Centers, Inc.		159
	4	Wellcare Health Plans, Inc. (D)(G)		92
	1	XL Capital Ltd. Class A (G)		92
				3,377
		Health Care — 7.3%
	2	Allergan, Inc.		103
	5	Amerisource Bergen Corp.		213

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

­ ­  208  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Health Care — (continued)
	3	Barr Pharmaceuticals, Inc. (D)(G)	$	156
	4	Coventry Health Care, Inc. (D)(G)		216
	7	Endo Pharmaceuticals Holdings, Inc. (D)		192
	2	Henry Schein, Inc. (D)(G)		111
	5	Herbalife Ltd.		198
	2	Hospira, Inc. (D)(G)		97
	5	ImClone Systems, Inc. (D)(G)		214
	1	Intuitive Surgical, Inc. (D)(G)		222
	3	Kinetic Concepts, Inc. (D)(G)		160
	5	Sepracor, Inc. (D)(G)		145
	9	Watson Pharmaceuticals, Inc. (D)(G)		264
				2,291
		Services — 12.6%
	4	Apollo Group, Inc. Class A (D)(G)		304
	4	Autodesk, Inc. (D)(G)		216
	4	Cognizant Technology Solutions Corp. (D)		158
	7	CTC Media, Inc. (D)(G)		186
	6	Discovery Holding Co. (D)		171
	3	Dow Jones & Co., Inc.		159
	2	DST Systems, Inc. (D)(G)		170
	12	Electronic Data Systems Corp.		251
	3	Equifax, Inc. (D)		127
	4	Express Scripts, Inc. (D)(G)		227
	2	Factset Research Systems, Inc.		110
	2	Harsco Corp.		93
	1	IDEXX Laboratories, Inc. (D)		100
	2	ITT Educational Services, Inc. (D)		277
	6	Liberty Global, Inc. (D)(G)		221
	36	Novell, Inc. (D)(G)		275
	3	Paychex, Inc.		143
	8	Regal Entertainment Group		181
	4	Stericycle, Inc. (D)		247
	4	URS Corp. (D)		219
	2	Weight Watchers International, Inc.		120
				3,955
		Technology — 20.5%
	2	Affiliated Computer Services, Inc. Class A (D)		99
	5	Agilent Technologies, Inc. (D)(G)		171
	7	Altera Corp.		132
	4	American Tower Corp. Class A (D)		164
	3	AMETEK, Inc.		132
	2	Analog Devices, Inc.		67
	2	Arrow Electronics, Inc. (D)		86
	8	BMC Software, Inc. (D)(G)		255
	14	Brocade Communications Systems, Inc. (D)(G)		135
	10	CA, Inc.		266
	2	CommScope, Inc. (D)(G)		116
	13	Compuware Corp. (D)(G)		129
	3	Dentsply International, Inc.		122
	6	Dolby Laboratories, Inc. Class A (D)		266
	2	Harris Corp.		148
	1	Hologic, Inc. (D)(G)		76
	6	Intersil Corp.		171
	5	Juniper Networks, Inc. (D)(G)		169
	3	KLA-Tencor Corp.		184
		Technology — (continued)
	1	L-3 Communications Holdings, Inc.		154
	3	MEMC Electronic Materials, Inc. (D)(G)		231
	1	Mettler-Toledo International, Inc. (D)		105
	5	Microchip Technology, Inc.		178
	10	National Semiconductor Corp.		257
	7	NCR Corp. (D)(G)		206
	4	NVIDIA Corp. (D)(G)		135
	10	QLogic Corp. (D)(G)		158
	3	Rockwell Collins, Inc.		239
	1	Roper Industries, Inc.		81
	5	SanDisk Corp. (D)(G)		222	��
	5	SBA Communications Corp. (D)		172
	4	Telephone and Data Systems, Inc.		251
	4	Teradata Corp. (D)		105
	2	Thomas & Betts Corp. (D)		98
	4	Trimble Navigation Ltd. (D)(G)		165
	2	U.S. Cellular Corp. (D)(G)		165
	7	VeriSign, Inc. (D)(G)		228
	3	Waters Corp. (D)		247
	6	Western Digital Corp. (D)		158
				6,443
		Transportation — 1.5%
	7	Frontline Ltd. (G)		329
	7	Gentex Corp.		154
				483
		Utilities — 4.1%
	15	CenterPoint Energy, Inc.		248
	2	Constellation Energy Group, Inc.		169
	21	Dynegy Holdings, Inc. (D)(G)		192
	6	NRG Energy, Inc. (D)(G)		252
	2	PPL Corp.		80
	21	Sierra Pacific Resources		346
				1,287
		Total common stock (cost $28,714)	$	31,240
EXCHANGE TRADED FUNDS — 0.5%
		Finance — 0.5%
	1	iShares Russell Midcap Growth	$	161
		Total exchange traded funds (cost $160)	$	161
		Total long-term investments (cost $28,874)	$	31,401
Principal
Amount
SHORT-TERM INVESTMENTS — 28.7%
		Repurchase Agreements — 0.9%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $92, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $94)
$	92	4.52% dated 10/31/2007		92

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

­ ­  209  ­ ­

The Hartford Select MidCap Growth Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $92, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012,
		U.S. Treasury Bond 6.25%, 2023, value of $93)
$	92	4.50% dated 10/31/2007			$	92
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $92, collateralized by U.S. Treasury Note 9.25%, 2016, value of $93)
	92	4.48% dated 10/31/2007				92
						276
Shares
		Securities Purchased with Proceeds from Security Lending — 27.3%
		Cash Collateral Reinvestment Fund:
	8,212	Navigator Prime Portfolio				8,212
Principal
Amount
		Other Direct Federal Obligation Collateral Securities:
		Federal Home Loan Bank
$	83	0.00%, 11/14/2007 — 02/15/2008				83
	2	4.36%, 09/10/2009				2
						85
		U.S. Treasury Collateral Securities:
		U.S. Treasury Bond
	—	2.00%, 01/15/2026 (O)				—
	—	2.38%, 01/15/2025 (O)				—
	133	3.88%, 04/15/2029 (O)				216
		U.S. Treasury Note
	—	1.63%, 01/15/2015 (O)				—
	—	1.88%, 07/15/2015 (O)				—
	7	2.00%, 07/15/2014 — 01/15/2016 (O)				8
	1	2.38%, 01/15/2017 (O)				—
	76	3.00%, 07/15/2012 (O)				93
						317
						8,614
		U.S. Treasury Bills — 0.5%
	150	3.88%, 12/13/2007 (M)				150
		Total short-term investments (cost $9,040)			$	9,040
		Total investments (cost $37,914) (C)	128.5	%	$	40,441
		Other assets and liabilities	(28.5	)%		(8,971	)
		Total net assets	100.0	%	$	31,470

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $37,959 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	3,650
Unrealized Depreciation		(1,168	)
Net Unrealized Appreciation	$	2,482

(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  210  ­ ­

The Hartford Select MidCap Value Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.3%
		Basic Materials — 6.7%
	23	Ashland, Inc.	$	1,354
	11	Cabot Corp.		385
	3	Carpenter Technology Corp.		370
	52	Chemtura Corp.		481
	15	Church & Dwight Co., Inc.		686
	16	Commercial Metals Co.		496
	9	Crane Co.		448
	13	Jarden Corp. (D)(G)		455
	8	Lubrizol Corp.		529
	6	Lyondell Chemical Co.		275
	10	MeadWestvaco Corp.		326
	7	Snap-On, Inc.		364
	8	United States Steel Corp.		912
				7,081
		Capital Goods — 6.1%
	13	AGCO Corp. (D)		758
	5	Eaton Corp.		477
	24	Gardner Denver Machinery, Inc. (D)		849
	10	Ingersoll-Rand Co. Class A		503
	3	ITT Corp.		228
	16	Lennox International, Inc.		557
	6	Lincoln Electric Holdings, Inc.		412
	28	Novellus Systems, Inc. (D)(G)		807
	11	Parker-Hannifin Corp.		912
	13	Steelcase, Inc.		236
	24	Teradyne, Inc. (D)		295
	26	Xerox Corp. (D)(G)		460
				6,494
		Consumer Cyclical — 8.3%
	21	Avnet, Inc. (D)		859
	5	BorgWarner, Inc.		529
	16	Brunswick Corp.		353
	28	Dillard’s, Inc.		643
	86	Ford Motor Co. (D)(G)		766
	36	Ingram Micro, Inc. (D)		758
	7	Mohawk Industries, Inc. (D)(G)		593
	4	NVR, Inc. (D)(G)		1,736
	34	RadioShack Corp.		703
	13	Reliance Steel & Aluminum		747
	23	TRW Automotive Holdings Corp. (D)		683
	4	W.W. Grainger, Inc.		351
				8,721
		Consumer Staples — 6.3%
	5	Bunge Ltd. Finance Corp.		541
	5	Clorox Co.		307
	28	Coca-Cola Enterprises, Inc.		733
	20	Dean Foods Co.		561
	43	Del Monte Foods Co.		445
	8	H.J. Heinz Co.		355
	8	Hershey Co.		332
	13	J. M. Smucker Co.		719
	16	Loews Corp. — Carolina Group		1,351
		Consumer Staples — (continued)
	14	Pepsiamericas, Inc.		514
	14	UST, Inc.		770
				6,628
		Energy — 10.0%
	17	Chesapeake Energy Corp.		659
	9	Cimarex Energy Co.		357
	7	Energen Corp.		467
	16	ENSCO International, Inc.		905
	30	Frontier Oil Corp.		1,369
	9	Helix Energy Solutions Group, Inc. (D)(G)		398
	10	Helmerich & Payne, Inc.		323
	17	Nabors Industries Ltd. (D)(G)		466
	8	National Fuel Gas Co.		364
	11	Noble Energy, Inc.		834
	11	ONEOK, Inc.		549
	76	Patterson-UTI Energy, Inc.		1,509
	7	Seacor Holdings, Inc. (D)(G)		601
	7	Sempra Energy		421
	13	Southern Union Co.		422
	13	Tidewater, Inc.		719
	5	Western Refining, Inc.		180
				10,543
		Finance — 33.2%
	19	Allied World Assurance Holdings Ltd.		925
	11	AMBAC Financial Group, Inc.		411
	115	AmeriCredit Corp. (D)(G)		1,621
	7	AON Corp.		313
	14	Arch Capital Group Ltd. (D)		1,065
	8	Assurant, Inc.		450
	39	Axis Capital Holdings Ltd.		1,546
	17	Bancorpsouth, Inc.		408
	8	Bank of Hawaii Corp.		415
	20	Berkley (W.R.) Corp.		605
	8	Boston Properties, Inc.		824
	27	CapitalSource, Inc.		486
	26	CIT Group, Inc.		914
	7	City National Corp.		453
	13	CNA Financial Corp.		531
	13	Colonial BancGroup, Inc.		247
	33	Colonial Properties Trust		1,046
	20	Comerica, Inc.		927
	22	Conseco, Inc. (D)(G)		352
	6	Cullen/Frost Bankers, Inc.		314
	20	E*Trade Financial Corp. (D)(G)		225
	10	East-West Bancorp, Inc.		331
	24	Endurance Specialty Holdings Ltd.		949
	26	Equity Residential Properties Trust		1,086
	6	Everest Re Group Ltd.		602
	27	Genworth Financial, Inc.		740
	20	HCC Insurance Holdings, Inc.		592
	32	HCP, Inc.		1,086
	17	Host Hotels & Resorts, Inc.		386
	33	Huntington Bancshares, Inc.		582
	11	iStar Financial, Inc.		345
	39	Keycorp		1,117
	2	M&T Bank Corp.		234

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

­ ­  211  ­ ­

The Hartford Select MidCap Value Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Finance — (continued)
	10	Marshall & Ilsley Corp.	$	414
	19	MBIA, Inc.		811
	24	MGIC Investment Corp.		467
	16	Nationwide Financial Services, Inc. Class A		866
	20	Old Republic International Corp.		308
	9	PartnerRe Ltd. (G)		787
	9	Plum Creek Timber Co., Inc.		420
	26	PMI Group, Inc.		412
	6	ProLogis		409
	9	Protective Life Corp.		364
	70	Radian Group, Inc.		879
	8	Raymond James Financial, Inc.		302
	21	RenaissanceRe Holdings Ltd. ADR		1,208
	8	SAFECO Corp.		454
	5	SL Green Realty Corp.		645
	15	Taubman Centers, Inc.		874
	13	TCF Financial Corp.		303
	21	Thornburg Mortgage, Inc. (G)		219
	6	Transatlantic Holding, Inc.		432
	12	UnionBanCal Corp.		635
	26	Whitney Holding Corp.		659
	10	XL Capital Ltd. Class A		745
	7	Zions Bancorporation		405
				35,146
		Health Care — 3.4%
	13	Amerisource Bergen Corp.		631
	28	Coventry Health Care, Inc. (D)		1,683
	23	King Pharmaceuticals, Inc. (D)		243
	14	LifePoint Hospitals, Inc. (D)(G)		415
	21	Watson Pharmaceuticals, Inc. (D)(G)		640
				3,612
		Services — 4.9%
	32	Avis Budget Group, Inc. (D)		672
	6	Computer Sciences Corp. (D)		336
	21	Discovery Holding Co. (D)		604
	19	Electronic Data Systems Corp.		410
	16	Liberty Global, Inc. (D)(G)		644
	4	Liberty Media Holding — Capital Series A (D)		549
	47	Novell, Inc. (D)		357
	11	R.H. Donnelley Corp. (D)		609
	12	R.R. Donnelley & Sons Co.		467
	9	URS Corp. (D)		544
				5,192
		Technology — 8.7%
	17	ADC Telecommunications, Inc. (D)(G)		316
	9	Arrow Electronics, Inc. (D)		372
	68	Atmel Corp. (D)(G)		331
	30	CA, Inc.		799
	9	CenturyTel, Inc.		414
	39	Clearwire Corp. (D)(G)		790
	5	Cooper Industries Ltd.		262
	14	Dover Corp.		630
	7	Hubbell, Inc. Class B		379
	4	L-3 Communications Holdings, Inc.		417
		Technology — (continued)
	13	Lexmark International, Inc. ADR (D)		548
	16	SanDisk Corp. (D)(G)		715
	7	Teleflex, Inc.		545
	12	Telephone and Data Systems, Inc.		806
	35	Tellabs, Inc. (D)		310
	10	U.S. Cellular Corp. (D)		913
	9	Whirlpool Corp.		689
				9,236
		Transportation — 2.4%
	19	CSX Corp.		828
	21	Kansas City Southern (D)(G)		813
	8	Overseas Shipholding Group, Inc.		603
	6	Teekay Shipping Corp. (G)		341
				2,585
		Utilities — 8.3%
	6	Ameren Corp.		324
	16	American Electric Power Co., Inc.		762
	7	Consolidated Edison, Inc.		322
	6	Constellation Energy Group, Inc.		601
	13	DTE Energy Co.		620
	19	Edison International		1,082
	10	MDU Resources Group, Inc.		290
	13	Mirant Corp. (D)		529
	17	Pepco Holdings, Inc.		476
	10	PG&E Corp.		504
	14	PPL Corp.		708
	9	Progress Energy, Inc.		418
	13	Questar Corp.		765
	33	Reliant Resources, Inc. (D)		903
	17	Spectra Energy Corp.		442
				8,746
		Total common stock (cost $108,391)	$	103,984
EXCHANGE TRADED FUNDS — 0.3%
		Finance — 0.3%
	2	iShares Russell Midcap Value	$	303
		Total exchange traded funds (cost $305)	$	303
		Total long-term investments (cost $108,696)	$	104,287
Principal
Amount
SHORT-TERM INVESTMENTS — 13.7%
		Repurchase Agreements — 1.0%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $344, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $350)
$	344	4.52% dated 10/31/2007	$	344

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

­ ­  212  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $343, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $349)
$	343	4.50% dated 10/31/2007			$	343
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $344, collateralized by U.S. Treasury Note 9.25%, 2016, value of $348)
	344	4.48% dated 10/31/2007				344
						1,031
Shares
		Securities Purchased with Proceeds from Security Lending — 12.1%
		Cash Collateral Reinvestment Fund:
	11,323	Navigator Prime Portfolio				11,323
Principal
Amount
					Market
					Value (W)
		Federal Home Loan Mortgage Corporation Collateral Securities:
		Federal Home Loan Mortgage Corp.
$	—	4.75%, 11/26/2007				—
		Federal National Mortgage Association Collateral Securities:
		Federal National Mortgage Association
	—	3.00%, 03/03/2008				—
	—	5.25%, 01/29/2009				—
						—
		Other Direct Federal Obligation Collateral Securities:
		Federal Home Loan Bank
	1	3.75%, 08/13/2008				1
	28	4.36%, 09/10/2009				28
	—	4.41%, 01/25/2008				—
	245	4.44%, 11/14/2007 — 12/21/2007				245
	1	4.46%, 11/21/2007				1
	430	4.57%, 02/15/2008				424
	—	5.38%, 05/01/2009				—
						699
		U.S. Treasury Collateral Securities:
		U.S. Treasury Bond
	48	2.38%, 01/15/2027 (O)				50
	199	3.88%, 04/15/2029 (O)				324
		U.S. Treasury Note
	122	2.00%, 01/15/2016 (O)				127
	181	3.00%, 07/15/2012 (O)				222
	6	3.88%, 01/15/2009 (O)				7
						730
						12,752
		U.S. Treasury Bills — 0.6%
	675	3.88%, 12/13/2007 (M)(S)				672
		Total short-term investments (cost $14,455)			$	14,455
		Total investments (cost $123,151) (C)	112.3	%	$	118,742
		Other assets and liabilities	(12.3	)%		(13,009	)
		Total net assets	100.0	%	$	105,733

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 0.32% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $123,817 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	4,455
Unrealized Depreciation		(9,530	)
Net Unrealized Depreciation	$	(5,075	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.
	Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
S&P Mid 400 Mini Futures		15		Long		Dec 2007	$	1

	* The number of contracts does not omit 000’s.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  213  ­ ­

The Hartford Select SmallCap Value Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.4%
		Basic Materials — 9.7%
	4	Ampco-Pittsburgh Corp.	$	152
	6	AptarGroup, Inc.		282
	38	Balchem Corp.		821
	1	Barnes Group, Inc.		44
	3	Blount International (D)		33
	12	Buckeye Technologies, Inc. (D)		206
	6	Cambrex Corp.		65
	4	CF Industries Holdings, Inc.		343
	2	CIRCOR International, Inc.		106
	10	Cooper Tire & Rubber Co.		214
	5	Crown Media Holdings, Inc. (D)		37
	1	CSS Industries, Inc.		47
	42	Glatfelter Co.		675
	2	Grace (W.R.) & Co. (D)		62
	4	H.B. Fuller Co.		122
	7	Hercules, Inc.		125
	7	Innospec, Inc.		141
	40	Matthews International Corp. Class A		1,805
	2	Minerals Technologies, Inc.		147
	16	Neenah Paper, Inc.		551
	6	Olin Corp.		125
	2	OM Group, Inc. (D)		88
	4	Quanex Corp.		169
	5	Rock Tenn Co. Class A		155
	5	Rockwood Holdings, Inc. (D)		206
	25	RPM International, Inc.		529
	41	Select Comfort Corp. (D)		469
	3	Sensient Technologies Corp.		100
	3	Silgan Holdings, Inc.		171
	57	Tempur-Pedic International, Inc.		2,059
	6	Tredegar Corp.		111
	6	Tupperware Brands Corp.		231
	10	USEC, Inc. (D)		92
	12	Watts Water Technologies, Inc.		347
				10,830
		Capital Goods — 6.6%
	4	ACCO Brands Corp. (D)		94
	2	Asyst Technologies, Inc. (D)		8
	4	Blyth, Inc.		83
	3	Briggs & Stratton Corp.		77
	3	Brooks Automation, Inc. (D)		34
	1	Cascade Bancorp		70
	50	Clarcor, Inc.		1,823
	4	Columbus McKinnon Corp. (D)		139
	11	Compass Diversified Holdings		172
	3	Cymer, Inc. (D)		106
	5	Enpro Industries, Inc. (D)		201
	76	Entegris, Inc. (D)		693
	5	Goodman Global, Inc. (D)		116
	2	Helen of Troy Ltd. (D)		29
	23	Hexcel Corp. (D)		571
	1	Imation Corp.		13
	3	Jakks Pacific, Inc. (D)		88
	—	Kaman Corp.		11
	1	Leapfrog Enterprises, Inc. (D)		5
	23	Lincoln Electric Holdings, Inc.		1,683
	—	Marvel Entertainment, Inc. (D)		7
	6	Mattson Technology, Inc. (D)		49
	4	MKS Instruments, Inc. (D)		77
	2	Modine Manufacturing Co.		37
	1	Nacco Industries, Inc. Class A		83
	3	Nordson Corp.		142
		Capital Goods — (continued)
	4	Oil States International, Inc. (D)		151
	2	Orbital Sciences Corp. (D)		41
	11	Photronics, Inc. (D)		117
	17	RC2 Corp. (D)		504
	5	Rudolph Technologies, Inc. (D)		69
	2	Steinway Musical Instruments		56
	1	Tecumseh Products Co. Class A (D)		22
				7,371
		Consumer Cyclical — 14.9%
	—	99 Cents Only Stores (D)		5
	2	Adaptec, Inc. (D)		5
	7	AFC Enterprises, Inc. (D)		93
	17	Aftermarket Technology Corp. (D)		571
	8	Agilysys, Inc.		130
	1	American Axle & Manufacturing Holdings, Inc.		36
	1	Applied Industrial Technologies, Inc.		39
	1	ArvinMeritor, Inc.		9
	—	Beazer Homes USA, Inc.		1
	25	Blockbuster, Inc. Class A (D)		130
	—	Bob Evans Farms, Inc.		11
	53	Borders Group, Inc.		810
	1	Brown Shoe Co., Inc.		17
	3	CBRL Group, Inc.		116
	3	CEC Entertainment, Inc. (D)		102
	2	Charming Shoppes, Inc. (D)		12
	8	Chemed Corp.		441
	35	Cherokee, Inc.		1,314
	28	Children’s Place Retail Stores, Inc. (D)		717
	1	Collective Brands, Inc. (D)		20
	2	Columbia Sportswear Co.		107
	1	Comfort Systems USA, Inc.		9
	1	CompX International, Inc.		18
	4	Conns, Inc. (D)		102
	5	Core-Mark Holding Co., Inc. (D)		156
	13	CSK Automotive Corp. (D)		145
	—	Domino’s Pizza, Inc.		6
	8	Dress Barn, Inc. (D)		131
	4	Dycom Industries, Inc. (D)		101
	—	Eddie Bauer Holdings, Inc. (D)		1
	7	EMCOR Group, Inc. (D)		224
	19	Fred’s, Inc.		203
	3	FTD Group, Inc.		45
	13	Granite Construction, Inc.		557
	19	Group 1 Automotive, Inc.		590
	6	Hot Topic, Inc. (D)		47
	35	Huttig Building Products, Inc. (D)		146
	18	ICU Medical, Inc. (D)		730
	3	IKON Office Solutions, Inc.		37
	6	Insight Enterprises, Inc. (D)		169
	2	Integrated Electrical Services, Inc. (D)		49
	1	Interline Brands, Inc. (D)		26
	2	Jack in the Box, Inc. (D)		49
	1	Jo-Ann Stores, Inc. (D)		12
	7	Lear Corp. (D)		259
	2	Maidenform Brands, Inc. (D)		34
	53	McGrath RentCorp		1,820
	2	Nash Finch Co.		67
	33	Owens & Minor, Inc.		1,338
	2	Oxford Industries		52
	22	Papa John’s International, Inc. (D)		496
	19	Performance Food Group Co. (D)		513
	3	Perini Corp. (D)		166

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

­ ­  214  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Consumer Cyclical — (continued)
	22	School Specialty, Inc. (D)	$	736
	1	Sealy Corp.		9
	2	Spartan Stores, Inc.		51
	—	Standard Motor Products		1
	2	Systemax, Inc.		40
	14	United Stationers, Inc. (D)		755
	2	Village Super Market, Inc.		87
	4	Warnaco Group, Inc. (D)		167
	1	Wolverine World Wide, Inc.		23
	39	World Fuel Services Corp.		1,745
				16,598
		Consumer Staples — 2.2%
	18	Chattem, Inc. (D)		1,315
	3	Elizabeth Arden, Inc. (D)		85
	3	Hain Celestial Group, Inc. (D)		108
	17	J&J Snack Foods Corp.		591
	—	Ralcorp Holdings, Inc. (D)		11
	—	Seaboard Corp.		25
	4	TreeHouse Foods, Inc. (D)		119
	4	Universal Corp.		200
	1	Vector Group Ltd.		11
				2,465
		Energy — 6.0%
	3	Berry Petroleum Co.		136
	2	Bill Barrett Corp. (D)		81
	1	Bois d’Arc Energy, Inc. (D)		24
	—	Callon Petroleum Corp. (D)		5
	37	Crosstex Energy, Inc.		1,353
	2	Delek U.S. Holdings, Inc.		46
	4	Energy Partners Ltd. (D)		68
	9	Exco Resources, Inc. (D)		147
	1	Exterran Holdings, Inc. (D)		101
	24	Grey Wolf, Inc. (D)		135
	1	Harvest Natural Resources, Inc. (D)		17
	11	Headwaters, Inc. (D)		161
	4	Laclede Group, Inc.		150
	9	New Jersey Resources Corp.		433
	1	Newpark Resources, Inc. (D)		5
	2	Nicor, Inc.		88
	3	Northwest Natural Gas Co.		168
	9	Oceaneering International, Inc. (D)		665
	3	Petrohawk Energy Corp. (D)		54
	4	Piedmont Natural Gas		92
	16	Quicksilver Resources, Inc. (D)		912
	8	Rosetta Resources, Inc. (D)		148
	—	South Jersey Industries, Inc.		11
	4	Southwest Gas Corp.		106
	—	Stone Energy Corp. (D)		6
	33	WD40 Co.		1,291
	5	WGL Holdings, Inc.		156
	1	Whiting Petroleum Corp. (D)		76
				6,635
		Finance — 24.3%
	2	AMCORE Financial, Inc.		56
	13	American Equity Investment Life Holding Co.		126
	23	American Financial Realty Trust		154
	4	American Physicians Capital, Inc.		179
	4	Amerigroup Corp. (D)		142
	3	Anchor Bancorp Wisconsin		66
	9	Anthracite Capital, Inc.		73
	—	Anworth Mortgage Asset Corp.		1
		Finance — (continued)
	3	Apollo Investment Corp.		67
	5	Arbor Realty Trust		98
	104	Ares Capital Corp.		1,742
	1	Argo Group International Holdings, Ltd. (D)		55
	14	Ashford Hospitality		141
	8	Aspen Insurance Holdings Ltd.		205
	6	Assured Guaranty Ltd.		136
	1	Asta Funding, Inc.		39
	1	Bancfirst Corp.		55
	10	Banco Latinoamericano de Exportaciones S.A. ADR Class E		185
	9	Bankatlantick Bancorp Inc. Class A		37
	2	Berkshire Hills Bancorp, Inc.		53
	23	Boston Private Financial Holdings, Inc.		647
	15	CapLease, Inc.		139
	73	Cathay General Bancorp		2,250
	2	Cedar Shopping Court		22
	8	Centene Corp. (D)		180
	7	Centennial Bank Holdings, Inc. (D)		36
	3	Centerline Holding Co.		46
	4	Central Pacific Financial Corp.		87
	5	Chemical Financial Corp.		132
	12	Citizens Republic Bancorp, Inc.		185
	—	City Bank Lynnwood Wash		7
	4	City Holding Co.		133
	4	Clayton Holdings, Inc. (D)		17
	—	Columbia Banking Systems, Inc.		7
	2	Commerce Group, Inc.		77
	2	CompuCredit Corp. (D)		48
	68	Corus Bankshares, Inc.		757
	64	CVB Financial Corp.		750
	2	Delphi Financial Group Class A		66
	2	Downey Financial Corp.		85
	7	Education Realty Trust, Inc.		89
	33	Entertainment Properties Trust		1,805
	1	Extra Space Storage, Inc.		20
	4	FBL Financial Group Class A		172
	27	Financial Federal Corp.		721
	3	First Bancorp NC		60
	15	First BanCorp Puerto Rico		134
	9	First Commonwealth Financial Corp.		99
	—	First Community Bancorp, Inc.		15
	1	First Industrial Realty Trust, Inc.		57
	4	First Merchants Corp.		98
	2	First Mercury Financial Corp. (D)		51
	—	First Midwest Bancorp, Inc.		14
	1	First Niagara Financial Group, Inc.		15
	1	First Place Financial		17
	3	FirstFed Financial Corp. (D)		139
	5	FirstMerit Corp.		112
	5	Flagstone Reinsurance Holdings		69
	6	FNB Corp.		94
	4	FPIC Insurance Group, Inc. (D)		163
	27	Friedman Billings Ramsey Group, Inc.		117
	1	Frontier Financial Corp.		18
	10	GMH Communities Trust		74
	7	Gramercy Capital Corp.		183
	5	Great Southern Bancorp, Inc.		114
	1	Hanmi Financial Corp.		7
	15	Hersha Hospitality Trust		158
	2	HFF, Inc. (D)		19
	1	Highwoods Properties, Inc.		23
	9	Hilltop Holdings, Inc. (D)		107
	6	Horace Mann Educators Corp.		119
	13	Impac Mortgage Holdings, Inc.		15

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

­ ­  215  ­ ­

The Hartford Select SmallCap Value Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Finance — (continued)
	2	Imperial Capital Bancorp, Inc.	$	33
	5	Independent Bank Corp. (Michigan)		52
	4	Integra Bank Corp.		75
	25	International Bancshares Corp.		536
	1	IPC Holdings Ltd.		18
	8	Irwin Financial Corp.		76
	8	JER Investors Trust, Inc.		92
	1	Kansas City Life Insurance Co.		37
	—	Knight Capital Group, Inc. (D)		3
	6	LaBranche & Co., Inc. (D)		34
	2	Lakeland Bancorp, Inc.		33
	1	LaSalle Hotel Properties		41
	7	Lexington Realty Trust		131
	9	Luminent Mortgage Trust		17
	2	Macatawa Bankcorp		17
	—	MainSource Financial Group, Inc.		6
	1	Max Capital Group, Ltd.		37
	123	MCG Capital Corp.		1,724
	2	Medical Properties Trust, Inc.		26
	22	MFA Mortgage Investments, Inc.		187
	2	Midland Co.		102
	—	N B T Bancorp		10
	33	National Financial Partners Corp.		1,810
	5	National Penn Bancshares, Inc.		82
	9	National Retail Properties, Inc.		221
	4	Navigators Group, Inc. (D)		211
	2	Newcastle Investment Corp.		27
	9	NGP Capital Resources Co.		147
	2	Novastar Financial, Inc.		9
	10	Old National Bankcorp		168
	2	Omega Financial Corp.		53
	14	Oriental Financial Group, Inc.		175
	4	Pacific Capital Bancorp		82
	2	Park National Corp.		151
	6	Penn Real Estate Investment Trust		214
	—	Peoples Bancorp, Inc.		8
	8	Phoenix Cos		109
	4	Piper Jaffray Cos. (D)		195
	17	PMA Capital Corp. Class A (D)		166
	—	ProAssurance Corp. (D)		11
	16	Prosperity Bancshares, Inc.		501
	4	Provident Bankshares Corp.		94
	6	Provident Financial Services, Inc.		90
	2	Quadra Realty Trust, Inc.		12
	3	Rent-A-Center, Inc. (D)		51
	6	Resource Capital Corp.		61
	3	RLI Corp.		145
	5	S&T Bancorp, Inc.		169
	—	Sandy Spring Bancorp, Inc.		9
	3	Santander Bancorp		47
	3	Seabright Insurance Holdings (D)		52
	41	Selective Insurance Group		987
	5	Senior Housing Properties Trust		111
	—	Shenandoah Telecommunications Co.		5
	2	Simmons First National Corp.		63
	16	Solera Holdings, Inc. (D)		353
	2	Southwest Bancorp		32
	10	StanCorp Financial Group, Inc.		568
	5	State Automotive Financial Corp.		144
	1	Sterling Bancshares, Inc.		8
	3	Sterling Financial Corp.		70
	—	Sun Bancorp, Inc. (D)		4
	9	Sunstone Hotel Investors, Inc.		242
	28	Superior Bancorp (D)		213
		Finance — (continued)
	7	Susquehanna Bancshares, Inc.		145
	2	SWS Group, Inc.		37
	11	Symmetricom, Inc. (D)		51
	5	Taylor Capital Group, Inc.		137
	63	Trustco Bank Corp.		664
	1	Trustmark Corp.		30
	1	Umpqua Holdings Corp.		8
	1	United Bankshares, Inc.		17
	2	United Community Financial		13
	1	United Fire & Casualty		35
	127	W Holding Co., Inc.		267
	6	Waddell and Reed Financial, Inc. Class A		212
	6	WesBanco, Inc.		140
	—	West Coast Bancorp		6
	—	Wilshire Bancorp, Inc.		2
				27,100
		Health Care — 4.2%
	26	Advanced Medical Optics, Inc. (D)		714
	—	Alliance Imaging, Inc. (D)		5
	—	American Dental Partners, Inc. (D)		2
	2	Amicus Therapeutics, Inc. (D)		38
	2	Apria Healthcare Group, Inc. (D)		56
	1	CONMED Corp. (D)		40
	11	Cooper Co., Inc.		462
	2	Cross Country Healthcare, Inc. (D)		35
	19	Emergency Medical Services (D)		562
	1	Forrester Research, Inc. (D)		18
	1	Incyte Corp. (D)		7
	4	InterMune, Inc. (D)		88
	19	Landauer, Inc.		936
	17	Magellan Health Services, Inc. (D)		695
	4	MedCath Corp. (D)		101
	—	Odyssey HealthCare, Inc. (D)		5
	—	Par Pharmaceutical Cos., Inc. (D)		4
	1	Perrigo Co.		18
	11	Prestige Brands Holdings, Inc. (D)		119
	1	Rehabcare Group, Inc. (D)		10
	2	Sciele Pharma, Inc. (D)		53
	6	STERIS Corp.		180
	—	Sunrise Senior Living, Inc. (D)		7
	7	ViroPharma, Inc. (D)		62
	21	Young Innovations, Inc.		518
				4,735
		Services — 12.7%
	49	ABM Industries, Inc.		1,162
	9	American Greetings Corp. Class A		235
	—	Ameristar Casinos, Inc.		9
	—	AMN Healthcare Services, Inc. (D)		—
	5	Asset Acceptance		57
	24	Avid Technology, Inc. (D)		705
	3	Belo Corp. Class A		61
	1	Black Box Corp.		22
	13	CACI International, Inc. Class A (D)		732
	6	Central European Media Enterprises Ltd. (D)		643
	1	CIBER, Inc. (D)		5
	20	Citadel Broadcasting Corp.		87
	1	Coinstar, Inc. (D)		17
	25	Computer Services, Inc.		889
	1	CRA International, Inc. (D)		26
	2	DynCorp International, Inc. (D)		45
	1	Entercom Communications Corp.		18
	1	Entravision Communications Corp. Class A (D)		9
	1	Foundry Networks, Inc. (D)		16

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

­ ­  216  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Services — (continued)
	11	G & K Services, Inc. Class A	$	426
	1	Great Wolf Resorts, Inc. (D)		9
	1	Healthspring, Inc. (D)		17
	3	Heidrick & Struggles International, Inc.		134
	49	Jackson Hewitt Tax Service, Inc.		1,525
	5	Journal Communications, Inc.		40
	5	Kelly Services, Inc.		112
	—	Kforce, Inc. (D)		1
	—	Korn/Ferry International (D)		8
	6	Lee Enterprises, Inc.		88
	9	Lin TV Corp. (D)		125
	1	Manhattan Associates, Inc. (D)		32
	4	Mentor Graphics Corp. (D)		63
	1	MPS Group, Inc. (D)		16
	41	Navigant Consulting, Inc. (D)		540
	7	Pacer International, Inc.		102
	6	Parametric Technology Corp. (D)		113
	7	Perot Systems Corp. Class A (D)		100
	21	Plexus Corp. (D)		529
	4	Premiere Global Services, Inc. (D)		61
	1	Radio One, Inc. Class D (D)		3
	3	Regis Corp.		91
	25	Resources Connection, Inc.		569
	1	Scholastic Corp. (D)		28
	18	Spherion Corp. (D)		159
	—	Standard Parking Corp. (D)		10
	23	Stewart Enterprises, Inc.		210
	47	Syntel, Inc.		2,014
	3	Tetra Technologies, Inc. (D)		61
	31	TETRA Technologies, Inc. (D)		610
	16	Unifirst Corp.		606
	95	Unisys Corp. (D)		578
	5	Viad Corp.		184
	6	Waste Connections, Inc. (D)		194
	1	Watson Wyatt Worldwide, Inc.		41
	5	Westwood One, Inc.		11
	1	Wright Express Corp. (D)		45
				14,193
		Technology — 9.7%
	1	A.O. Smith Corp.		46
	7	Actel Corp. (D)		81
	—	ADTRAN, Inc.		10
	3	Alaska Communication Systems Holdings, Inc.		49
	50	American Reprographics Co. LLC (D)		1,014
	12	AMETEK, Inc.		564
	1	Anaren Microwave, Inc. (D)		9
	1	Avocent Corp. (D)		19
	27	Benchmark Electronics, Inc. (D)		544
	1	Bio-Rad Laboratories, Inc. Class A (D)		144
	—	Bottomline Technologies, Inc. (D)		3
	6	Checkpoint Systems, Inc. (D)		186
	27	Cincinnati Bell, Inc. (D)		146
	14	CMGI, Inc. (D)		20
	27	Coherent, Inc. (D)		873
	8	Consolidated Communications Holdings, Inc.		157
	28	Credence Systems Corp. (D)		86
	2	CSG Systems International, Inc. (D)		36
	1	CTS Corp.		17
	3	Cubic Corp.		135
	6	Deluxe Corp.		254
	6	Digi International, Inc. (D)		101
	27	Electronics for Imaging, Inc. (D)		601
	10	Emulex Corp. (D)		215
		Technology — (continued)
	2	Enersys (D)		31
	2	Exar Corp. (D)		19
	1	Extreme Networks, Inc. (D)		5
	—	FairPoint Communications, Inc.		2
	69	General Communication, Inc. Class A (D)		813
	3	GrafTech International Ltd. (D)		50
	1	Greatbatch, Inc. (D)		32
	17	Harris Interactive, Inc. (D)		77
	7	Interactive Data Corp.		219
	8	Interwoven, Inc. (D)		108
	—	iPass, Inc. (D)		2
	17	iPCS, Inc.		615
	14	Kemet Corp. (D)		101
	2	Keynote Systems, Inc. (D)		26
	2	Littelfuse, Inc. (D)		68
	11	Methode Electronics, Inc.		139
	49	MSC.Software Corp. (D)		676
	3	Newport Corp. (D)		39
	8	Nexstar Broadcasting Group A (D)		77
	14	Palm, Inc.		128
	4	Park Electrochemical Corp.		125
	10	Pegasystems, Inc.		120
	2	Pericom Semiconductor Corp. (D)		34
	1	Plantronics, Inc.		22
	2	Quantum Corp. (D)		8
	3	RCN Corp.		50
	23	RF Micro Devices, Inc. (D)		142
	1	SAVVIS, Inc. (D)		26
	19	Schwak, Inc.		432
	1	SI International (D)		31
	33	Silicon Storage Technology, Inc. (D)		109
	2	Skyworks Solutions, Inc. (D)		20
	3	SonicWALL, Inc. (D)		28
	5	Spansion, Inc. (D)		37
	7	Stoneridge, Inc. (D)		75
	6	Surewest Communications		159
	1	Sybase, Inc. (D)		33
	2	Sycamore Networks, Inc. (D)		8
	6	Syniverse Holdings, Inc. (D)		100
	5	Technitrol, Inc.		135
	23	Tibco Software, Inc. (D)		215
	1	TriQuint Semiconductor, Inc. (D)		9
	2	TTM Technologies, Inc. (D)		28
	9	United Online, Inc.		157
	—	USA Mobility, Inc.		2
	1	Varian, Inc. (D)		55
	10	Vignette Corp. (D)		164
	1	Zoran Corp. (D)		14
				10,875
		Transportation — 4.2%
	1	Alaska Air Group, Inc. (D)		20
	4	Atlas Air Worldwide Holdings, Inc. (D)		211
	5	ExpressJet Holdings, Inc. (D)		16
	7	Forward Air Corp.		217
	7	General Maritime Corp.		200
	2	Gulfmark Offshore, Inc. (D)		93
	3	Heartland Express, Inc.		48
	3	Hornbeck Offshore Services, Inc. (D)		129
	49	Landstar System, Inc.		2,058
	3	Polaris Industries, Inc.		162
	7	Republic Airways Holdings, Inc. (D)		150
	4	SkyWest, Inc.		121
	13	Thor Industries, Inc.		624
	8	Tsakos Energy Navigation Ltd.		550

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

­ ­  217  ­ ­

The Hartford Select SmallCap Value Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Transportation — (continued)
	5	Wabash National Corp.			$	48
	2	Winnebago Industries, Inc.				39
						4,686
		Utilities — 1.9%
	16	Aquila, Inc. (D)				66
	3	Black Hills Corp.				133
	7	El Paso Electric Co. (D)				175
	1	IDACORP, Inc.				45
	12	ITC Holdings Corp.				664
	25	Pike Electric Corp. (D)				498
	6	PNM Resources, Inc.				143
	1	Portland General Electric Co.				23
	2	UIL Holdings Corp.				81
	2	UniSource Energy Corp.				48
	8	Westar Energy, Inc.				210
						2,086
		Total common stock (cost $107,173)			$	107,574
SHORT-TERM INVESTMENTS — 2.7%
		Finance — 1.0%
	728	Federated Investors Prime Obligations Fund			$	728
Principal
Amount
		General Electric Co.
$	345	4.64%, 11/01/2007				345
						1,073
Shares
		Investment Pools and Funds — 1.7%
	1,991	State Street Bank Money Market Fund				1,991
		Total short-term investments (cost $3,064)			$	3,064
		Total investments (cost $110,207) (C)	99.1	%	$	110,638
		Other assets and liabilities	0.9	%		993
		Total net assets	100.0	%	$	111,631

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 0.66% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $110,207 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	10,198
Unrealized Depreciation		(9,767	)
Net Unrealized Appreciation	$	431

(D) Currently non-income producing.

Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
Russell Mini Futures		8		Long		Dec, 2007	$	18

	* The number of contracts does not omit 000’s.
	Cash of $27 was pledged as initial margin deposit for open futures contracts at October 31, 2007.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  218  ­ ­

The Hartford Short Duration Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 38.6%
		Finance — 38.6%
		American Express Credit Account Master Trust
$	207	5.59%, 02/15/2012 (I)(L)	$	207
		AmeriCredit Automobile Receivables Trust
	1,598	2.67%, 03/07/2011		1,589
	345	2.87%, 02/07/2011		344
	784	4.22%, 07/06/2009		783
	600	5.04%, 05/06/2011		603
	1,400	5.07%, 07/06/2010		1,401
		Banc of America Securities Automotive Trust
	1,500	4.49%, 02/18/2013 (H)		1,494
		Bank One Issuance Trust
	347	4.54%, 09/15/2010		347
		Bayview Commercial Asset Trust
	542	5.87%, 01/25/2035 (H)(L)		491
	6,366	7.00%, 07/25/2037 (H)(T)		824
	12,940	7.18%, 01/25/2037 (H)(T)		1,165
	10,662	7.50%, 09/25/2037 (H)(T)		1,556
		Bayview Financial Acquisition Trust
	1,382	4.91%, 02/25/2033 (H)		1,283
	2,000	5.64%, 11/28/2036		1,943
		Bear Stearns Asset Backed Securities, Inc.
	752	5.16%, 09/25/2033 (H)		727
		Bear Stearns Commercial Mortgage Securities, Inc.
	23,032	4.12%, 11/11/2041 (T)		530
	57,331	4.65%, 02/11/2041 (T)		562
	107,869	6.25%, 12/11/2040 (I)(T)		472
		Capital Automotive Receivables Asset Trust
	800	5.55%, 01/18/2011		810
	200	5.77%, 05/20/2010 (I)		202
	225	6.15%, 04/20/2011 (I)		227
	1,000	6.35%, 03/17/2014 (I)		1,007
		Capital One Multi-Asset Execution Trust
	1,000	4.50%, 06/15/2011		996
		Capital One Prime Automotive Receivables Trust
	1,000	5.68%, 06/16/2014		1,013
		Carmax Automotive Owner Trust
	1,000	6.12%, 07/15/2013		1,025
		CBA Commercial Small Balance Commercial Mortgage
	24,710	0.90%, 12/25/2036 (I)(L)(T)		1,004
	23,059	7.00%, 07/25/2035 — 06/25/2038 (H)(T)		1,309
	11,488	9.75%, 01/25/2039 (H)(T)		1,149
		Citibank Credit Card Issuance Trust
	2,000	4.45%, 04/07/2010		1,994
	2,000	5.34%, 01/09/2012 (L)		1,957
		CNH Equipment Trust
	300	3.35%, 02/15/2011		300
	750	4.93%, 12/17/2012		741
		Commercial Mortgage Pass-Through Certificates
	3,168	3.59%, 03/10/2039 (I)(T)		68
	1,500	6.21%, 12/15/2020 (I)(L)		1,501
		Countrywide Asset-Backed Certificates
	1,500	5.57%, 11/25/2035		1,446
	1,000	5.71%, 11/25/2035		948
		CS First Boston Mortgage Securities Corp.
	12,743	4.17%, 07/15/2036 (I)(T)		220
		Finance — (continued)
		DaimlerChrysler Automotive Trust
	800	5.14%, 09/08/2012		800
		Equity One ABS, Inc.
	116	7.37%, 07/25/2034 (H)(L)		115
		Ford Credit Automotive Owner Trust
	1,625	4.19%, 07/15/2009		1,623
	2,924	5.29%, 04/15/2011		2,946
	750	5.48%, 09/15/2011		757
	500	5.68%, 06/15/2012		500
	1,000	5.69%, 11/15/2012		1,006
		GE Capital Commercial Mortgage Corp.
	8,386	3.76%, 03/10/2040 (I)(T)		134
		GMAC Mortgage Corp. Loan Trust
	1,287	4.09%, 04/25/2033		1,275
	428	4.62%, 04/25/2033		425
	715	5.75%, 10/25/2036		699
		Goldman Sachs Automotive Loan Trust
	287	4.98%, 11/15/2013		287
		Goldman Sachs Mortgage Securities Corp. II
	2,000	4.32%, 10/10/2028		1,960
		Granite Mortgages plc
	500	6.63%, 01/20/2043 (L)		498
		Great America Leasing Receivables
	850	5.43%, 09/15/2008 (I)		850
		Green Tree Financial Corp.
	11	7.30%, 01/15/2026		11
		GS Mortgage Securities Corp. II
	19,375	4.38%, 08/10/2038 (I)(T)		164
		Hasco NIM Trust
	172	6.17%, 08/26/2036 (H)		148
	73	6.25%, 12/26/2035 (H)		51
		Hertz Vehicle Financing LLC
	1,000	4.93%, 02/25/2010 (I)		1,001
		Home Equity Asset Trust
	400	7.95%, 07/25/2037 (H)(L)		102
		Hyundai Automotive Receivables Trust
	449	4.10%, 08/15/2011		446
	1,500	4.45%, 02/15/2012		1,481
		JP Morgan Chase Commercial Mortgage Security Corp.
	24	2.92%, 01/12/2038		24
	12,714	4.65%, 10/15/2037 (I)(T)		214
	36,564	4.82%, 08/12/2037 (T)		122
	1,296	5.34%, 05/12/2045		1,299
	1,183	5.84%, 02/15/2020 (I)(L)		1,167
		LaSalle Commercial Mortgage Securities
	17,669	6.20%, 09/20/2043 (I)(T)		724
		LB-UBS Commercial Mortgage Trust
	292	3.63%, 10/15/2029		288
	2,109	4.25%, 12/15/2036 (I)(T)		45
		Lehman Brothers Small Balance Commercial
	1,060	6.77%, 09/27/2036 (H)		1,054
		Long Beach Asset Holdings Corp.
	180	5.78%, 04/25/2046 (H)		45
		Marlin Leasing Receivables LLC
	423	4.63%, 11/17/2008 (I)		423
	264	5.09%, 08/15/2012 (I)		262
	1,600	5.33%, 09/16/2013 (I)		1,595
	515	5.63%, 09/16/2013 (I)		512

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

­ ­  219  ­ ­

The Hartford Short Duration Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)
		Finance — (continued)
		MBNA Credit Card Master Note Trust
$	550	6.80%, 07/15/2014	$	566
		Merrill Lynch Mortgage Trust
	17,030	3.81%, 08/12/2039 (I)(T)		424
	18,752	3.96%, 10/12/2041 (I)(T)		476
	27,235	4.67%, 09/12/2042 (T)		262
		Morgan Stanley Dean Witter Capital I
	39	2.80%, 12/15/2041		38
	185	3.96%, 06/15/2040		183
	124	5.38%, 01/15/2039		124
		Nationstar Home Equity Loan Trust
	135	9.97%, 03/25/2037 (H)(L)		133
		Ocwen Advance Receivables Backed Notes
	1,500	5.34%, 11/24/2015 (I)		1,425
		Providian Gateway Master Trust
	1,000	4.05%, 11/15/2011 (I)		999
		Renaissance Home Equity Loan Trust
	675	7.00%, 09/25/2037		473
	178	9.79%, 04/25/2037 (H)		178
		Renaissance Home Equity Loan Trust, Class M7
	180	7.50%, 04/25/2037 (H)		114
		Renaissance Home Equity Loan Trust, Class M8
	225	7.50%, 04/25/2037 (H)		131
		Structured Asset Investment Loan Trust
	634	6.62%, 11/25/2033 (H)(L)		589
		Structured Asset Securities Corp.
	850	7.37%, 01/25/2037 — 02/25/2037 (H)(L)		500
		Superior Wholesale Inventory Financing Trust
	500	5.57%, 06/15/2010 (L)		498
		Swift Master Automotive Receivables Trust
	1,000	6.51%, 10/15/2012 (L)		1,000
		USAA Automotive Owner Trust
	860	5.07%, 06/15/2013		864
	1,000	5.66%, 03/15/2013		1,004
		Wachovia Automotive Loan Owner Trust
	1,700	5.42%, 04/21/2014 (I)		1,694
	1,000	5.54%, 12/20/2012 (I)		999
		Wachovia Bank Commercial Mortgage Trust
	218	3.48%, 08/15/2041		215
	5,714	3.65%, 02/15/2041 (I)(T)		131
		Washington Mutual Master Note Trust
	1,500	5.47%, 10/15/2013 (I)(L)		1,445
		Washington Mutual Master Note Trust
	17,739	7.00%, 11/23/2043 (I)(T)		1,281
		Wells Fargo Home Equity Trust
	1,900	5.17%, 04/25/2034 (L)		1,858
		WFS Financial Owner Trust
	122	2.73%, 05/20/2011		122
	1,091	4.76%, 05/17/2013		1,074
		Whole Automotive Loan Trust
	75	3.13%, 03/15/2011		75
		World Financial Network Credit Card Master
	1,000	7.54%, 05/15/2012 (L)		1,008
		Finance — (continued)
		World Omni Automotive Receivables Trust
	111	3.62%, 07/12/2011		110
		Total asset & commercial mortgage backed securities (cost $80,796)	$	79,284
CERTIFICATE OF DEPOSIT — 1.4%
		Finance — 1.4%
		Bank of New York Co., Inc.
$	500	5.05%, 03/03/2009	$	499
		Comerica Bank
	1,350	5.17%, 08/07/2009 (L)		1,345
		Sovereign Bank
	1,000	4.00%, 02/01/2008		997
		Total certificate of deposit (cost $2,829)	$	2,841
CORPORATE BONDS: INVESTMENT GRADE — 33.3%
		Basic Materials — 1.2%
		Xstrata Finance Dubain Ltd.
$	2,500	5.85%, 11/13/2009 (I)(L)	$	2,492
		Capital Goods — 0.1%
		Textron, Inc.
	300	6.63%, 11/15/2007		300
		Consumer Cyclical — 0.5%
		Centex Corp.
	500	4.75%, 01/15/2008		497
		SABMiller plc
	510	5.53%, 07/01/2009 (I)(L)		512
				1,009
		Consumer Staples — 0.9%
		Diageo Capital plc
	860	3.38%, 03/20/2008		854
		Miller Brewing Co.
	1,000	4.25%, 08/15/2008 (I)		993
				1,847
		Energy — 1.0%
		Transocean, Inc.
	2,000	5.87%, 09/05/2008 (L)		1,996
		Finance — 21.8%
		American Express Credit Corp.
	1,700	5.18%, 11/09/2009 (L)		1,686
		American General Finance Corp.
	1,000	2.75%, 06/15/2008		986
		Bear Stearns & Co., Inc.
	2,000	5.49%, 07/16/2009 (L)		1,978
		Capital One Bank
	415	4.25%, 12/01/2008		411
		Capital One Financial Corp.
	1,000	6.00%, 09/10/2009 (L)		985
		Capmark Financial Group
	2,000	6.03%, 05/10/2010 (I)(L)		1,821
		CIT Group, Inc.
	750	5.64%, 08/17/2009 (L)		721
		Citicorp
	1,584	6.38%, 11/15/2008		1,608

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

­ ­  220  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		Countrywide Financial Corp.
$	79	4.50%, 06/15/2010	$	68
	162	5.80%, 06/07/2012		139
	2,000	5.80%, 05/07/2012 (L)		1,677
		Countrywide Home Loans, Inc.
	175	4.00%, 03/22/2011		149
	362	4.13%, 09/15/2009		316
	291	6.25%, 04/15/2009		268
		Credit Suisse First Boston NY
	220	6.50%, 05/01/2008 (I)		222
		Duke Realty L.P.
	2,000	3.50%, 11/01/2007		2,000
		ERAC USA Finance Co.
	1,000	7.35%, 06/15/2008 (I)		1,011
		General Electric Capital Corp.
	1,880	4.00%, 02/17/2009		1,857
		Goldman Sachs Group, Inc.
	800	5.25%, 03/30/2009 (L)		797
	200	5.29%, 12/23/2009 (L)		199
	1,270	5.61%, 11/16/2009 (L)		1,267
		JP Morgan Chase & Co.
	1,145	6.00%, 02/15/2009		1,156
		Lehman Brothers Holdings, Inc.
	2,000	4.00%, 01/22/2008		1,993
	885	5.63%, 11/16/2009 (L)		873
		Merrill Lynch & Co., Inc.
	2,000	5.31%, 03/23/2010 (L)		1,970
	720	5.70%, 12/04/2009 (L)		710
		Morgan Stanley
	1,200	5.24%, 05/07/2010 (L)		1,184
	375	5.46%, 05/07/2010 (L)		371
	1,100	5.47%, 02/09/2009 (L)		1,097
		North Street Referenced Linked Notes
	1,000	5.68%, 07/30/2010 (H)(L)		920
	500	6.41%, 07/30/2010 (H)(L)		404
		Prudential Financial, Inc.
	650	3.75%, 05/01/2008		645
		Prudential Funding LLC
	1,000	6.60%, 05/15/2008 (I)		1,006
		Residential Capital Corp.
	2,000	6.22%, 06/09/2008 (L)		1,790
		Simon Property Group L.P.
	635	3.75%, 01/30/2009		621
	650	6.38%, 11/15/2007		650
		Sovereign Bancorp, Inc.
	2,000	5.44%, 03/23/2010 (L)		1,983
		Travelers Property Casualty Corp.
	400	3.75%, 03/15/2008		397
		UnitedHealth Group, Inc.
	1,000	3.30%, 01/30/2008		996
	1,000	3.75%, 02/10/2009		983
	1,000	5.42%, 06/21/2010 (I)(L)		1,001
		US Bank NA
	1,000	3.40%, 03/02/2009		975
		Wachovia Corp.
	2,000	5.63%, 12/15/2008		2,003
		Zion Bancorp
	1,000	5.81%, 09/15/2008 (L)		1,002
				44,896
		Health Care — 2.3%
		Cardinal Health, Inc
	2,000	5.50%, 10/02/2009 (I)(L)		2,004
		CVS Caremark Corp.
	2,685	5.92%, 06/01/2010 (L)		2,664
				4,668
		Services — 3.6%
		Comcast Corp.
	1,490	5.54%, 07/14/2009 (L)		1,484
		Marriott International, Inc.
	1,000	7.00%, 01/15/2008		1,003
		Time Warner, Inc.
	2,520	5.73%, 11/13/2009 (L)		2,505
		Walt Disney Co.
	1,120	5.29%, 07/16/2010 (L)		1,116
	1,200	5.82%, 09/10/2009 (L)		1,196
				7,304
		Technology — 1.0%
		Deutsche Telekom International Finance B.V.
	1,000	5.39%, 03/23/2009 (L)		999
		Lenfest Communications, Inc.
	1,000	7.63%, 02/15/2008		1,006
				2,005
		Transportation — 0.2%
		TTX Co.
	350	3.88%, 03/01/2008 (I)		348
		Utilities — 0.7%
		Ohio Power Co.
	1,500	5.42%, 04/05/2010 (L)		1,486
		Total corporate bonds: investment grade (cost $69,109)	$	68,351
U.S. GOVERNMENT AGENCIES — 8.7%
		Federal Home Loan Mortgage Corporation — 3.7%
		Remic — Pac’s:
$	7,500	6.00%, 2032	$	7,594
		Federal National Mortgage Association — 1.8%
		Remic — Pac’s:
	3,809	5.50%, 2014		3,829
		Government National Mortgage Association — 3.2%
		Remic — Pac’s:
	4,436	6.00%, 2032		4,504
	2,000	6.50%, 2031		2,072
				6,576
		Total U.S. government agencies (cost $17,961)	$	17,999
U.S. GOVERNMENT SECURITIES — 12.3%
		U.S. Treasury Securities — 12.3%
		U.S. Treasury Notes:
$	25,000	4.50%, 2009	$	25,198
		Total U.S. government securities (cost $25,074)	$	25,198
		Total long-term investments (cost $195,769)	$	193,673

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

­ ­  221  ­ ­

The Hartford Short Duration Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 2.3%
		Consumer Cyclical — 1.5%
		Fortune Brands
$	3,000	5.05%, 11/01/2007			$	2,999
		Finance — 0.8%
		Wellpoint, Inc.
	1,756	5.05%, 11/01/2007				1,756
		Total short-term investments (cost $4,755)			$	4,755
		Total investments (cost $200,524) (C)	96.6	%	$	198,428
		Other assets and liabilities	3.4	%		7,073
		Total net assets	100.0	%	$	205,501

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 2.61% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $200,531 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,068
Unrealized Depreciation		(3,171	)
Net Unrealized Depreciation	$	(2,103	)

(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $32,283, which represents 15.71% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(T)	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2007.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
06/2005		1,500	Banc of America Securities Automotive Trust, 4.49%, 02/18/2013	$	1,500
12/2004		542	Bayview Commercial Asset Trust, 5.87%, 01/25/2035 - 144A		542
05/2007		6,366	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A		911
12/2006		12,940	Bayview Commercial Asset Trust, 7.18%, 01/25/2037 - 144A		1,405
08/2007		10,662	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		1,475
11/2006		1,382	Bayview Financial Acquisition Trust, 4.91%, 02/25/2033 - 144A		1,345
08/2006		752	Bear Stearns Asset Backed Securities, Inc., 5.16%, 09/25/2033		738
04/2006 – 08/2007		23,059	CBA Commercial Small Balance Commercial Mortgage, 7.00%, 07/25/2035 — 06/25/2038 - 144A		1,460
11/2006 – 08/2007		11,488	CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 - 144A		1,114
07/2004		116	Equity One ABS, Inc., 7.37%, 07/25/2034		116
09/2006		172	Hasco NIM Trust, 6.17%, 08/26/2036 - 144A		172
03/2006		73	Hasco NIM Trust, 6.25%, 12/26/2035 - 144A		73
03/2007		400	Home Equity Asset Trust, 7.95%, 07/25/2037		389
09/2006 – 07/2007		1,060	Lehman Brothers Small Balance Commercial, 6.77%, 09/27/2036 - 144A		1,059
03/2006		180	Long Beach Asset Holdings Corp., 5.78%, 04/25/2046 - 144A		180
04/2007		135	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		135
10/2006 – 11/2006		1,000	North Street Referenced Linked Notes, 5.68%, 07/30/2010 - 144A		954
11/2006		500	North Street Referenced Linked Notes, 6.41%, 07/30/2010 - 144A		443
03/2007		178	Renaissance Home Equity Loan Trust, 9.79%, 04/25/2037 - 144A		178
03/2007		180	Renaissance Home Equity Loan Trust, Class M7, 7.50%, 04/25/2037		163
03/2007		225	Renaissance Home Equity Loan Trust, Class M8, 7.50%, 04/25/2037		186
10/2004 – 06/2005		634	Structured Asset Investment Loan Trust, 6.62%, 11/25/2033		643
03/2007		850	Structured Asset Securities Corp., 7.37%, 01/25/2037 — 02/25/2037 - 144A		838

	The aggregate value of these securities at October 31, 2007 was $14,482 which represents 7.05% of total net assets.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  222  ­ ­

The Hartford Small Company Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 93.5%
		Basic Materials — 9.8%
	81	Agrium, Inc.	$	5,142
	50	Alpha Natural Resources, Inc. (D)(G)		1,364
	81	Arch Coal, Inc.		3,330
	22	Barnes Group, Inc.		823
	19	Brush Engineered Materials, Inc. (D)(G)		932
	18	Century Aluminum Co. (D)(G)		1,074
	20	Ceradyne, Inc. (D)(G)		1,362
	19	CF Industries Holdings, Inc.		1,705
	61	Champion Enterprises, Inc. (D)(G)		726
	41	Cleveland-Cliffs, Inc. (G)		3,887
	19	Drew Industries (D)		743
	36	FMC Corp.		2,054
	25	Grace (W.R.) & Co. (D)(G)		749
	64	Greif, Inc. (G)		4,081
	161	Hercules, Inc. (G)		3,036
	74	Jarden Corp. (D)(G)		2,616
	979	Kingboard Chemical Holdings Ltd. (A)		6,428
	62	Lupatech S.A.		1,667
	56	Myers Industries		1,184
	110	Owens-Illinois, Inc. (D)		4,886
	311	Rexam plc (A)		3,512
	83	Sturm Ruger & Co., Inc. (D)(G)		776
	35	Tempur-Pedic International, Inc. (G)		1,272
	173	Terra Industries, Inc. (D)(G)		6,406
	44	Tupperware Brands Corp. (G)		1,584
				61,339
		Capital Goods — 6.5%
	132	Asyst Technologies, Inc. (D)		632
	24	Bally Technologies, Inc. (D)		961
	39	Blyth, Inc.		752
	46	Brooks Automation, Inc. (D)		601
	51	Build-A-Bear Workshop, Inc. (D)(G)		993
	44	Cohu, Inc. (G)		728
	42	Cymer, Inc. (D)(G)		1,797
	18	Dril-Quip, Inc. (D)(G)		976
	93	Entegris, Inc. (D)		850
	81	Flowserve Corp. (G)		6,404
	19	Gulf Island Fabrication (G)		672
	31	Hexcel Corp. (D)(G)		783
	18	Hurco Cos. (D)		1,054
	38	Kennametal, Inc.		3,420
	82	Kulicke and Soffa Industries, Inc. (D)(G)		618
	20	Lufkin Industries, Inc.		1,172
	113	Marvel Entertainment, Inc. (D)(G)		2,787
	67	MKS Instruments, Inc. (D)(G)		1,341
	19	NATCO Group, Inc. (D)		1,038
	68	Rudolph Technologies, Inc. (D)(G)		880
	53	Scientific Games Corp. Class A (D)		1,916
	31	Tessera Technologies, Inc. (D)		1,180
	96	TransDigm Group, Inc. (D)		4,390
	57	Trina Solar Ltd. ADR (D)(G)		3,337
	24	Varian Semiconductor Equipment Associates, Inc. (D)(G)		1,108
				40,390
		Consumer Cyclical — 12.4%
	63	Aeropostale, Inc. (D)(G)		1,451
	119	Alliance One International, Inc. (D)(G)		780
	59	American Eagle Outfitters, Inc.		1,407
	37	Applebee’s International, Inc. (G)		948
	99	BJ’s Wholesale Club, Inc. (D)(G)		3,544
	44	Bon-Ton Stores, Inc. (G)		787
	70	Builders FirstSource, Inc. (D)(G)		511
	38	CBRL Group, Inc.		1,525
	10	Chemed Corp. (G)		571
	8	Chipotle Mexican Grill, Inc. (D)		930
	29	Collective Brands, Inc. (D)(G)		539
	27	Conns, Inc. (D)(G)		680
	32	Crocs, Inc. (D)(G)		2,367
	55	CSK Automotive Corp. (D)		630
	13	Deckers Outdoor Corp. (D)(G)		1,803
	212	Dick’s Sporting Goods, Inc. (D)		7,058
	124	Dollar Tree Stores, Inc. (D)(G)		4,757
	43	Dufry Group		4,726
	23	Ethan Allen Interiors, Inc. (G)		722
	54	GameStop Corp. Class A (D)(G)		3,170
	15	Genesco, Inc. (D)(G)		671
	13	Granite Construction, Inc.		568
	27	Green Mountain Coffee Roasters (D)		1,025
	38	GSI Commerce, Inc. (D)(G)		1,072
	29	Herman Miller, Inc.		801
	29	Integrated Electrical Services, Inc. (D)(G)		671
	16	J. Crew Group, Inc. (D)		584
	20	Jack in the Box, Inc. (D)		633
	35	Jo-Ann Stores, Inc. (D)		682
	47	Jos. A. Bank Clothiers, Inc. (D)(G)		1,359
	43	Knoll, Inc.		821
	37	K-Swiss, Inc. (G)		871
	37	Lear Corp. (D)(G)		1,300
	148	LKQ Corp. (D)(G)		5,701
	17	Men’s Wearhouse, Inc.		718
	46	Pacific Sunwear of California, Inc. (D)		767
	32	Perini Corp. (D)(G)		1,810
	36	PSS World Medical, Inc. (D)		727
	22	Sigma Designs, Inc. (D)		1,290
	48	Sotheby’s (G)		2,613
	143	Source Information Management Co. (D)(G)		455
	27	Systemax, Inc.		631
	47	UbiSoft Entertainment S.A. (A)(D)		3,915
	25	Under Armour, Inc. Class A (D)(G)		1,565
	14	United Stationers, Inc. (D)(G)		784
	51	VistaPrint Ltd. (D)		2,418
	53	Walter Industries (G)		1,624
	37	Warnaco Group, Inc. (D)(G)		1,489
	20	World Fuel Services Corp. (G)		897
				77,368
		Consumer Staples — 0.6%
	16	Chattem, Inc. (D)		1,187
	29	Flowers Foods, Inc. (G)		631
	17	M & F Worldwide Corp. (D)(G)		915
	34	Vector Group Ltd. (G)		745
				3,478

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

­ ­  223  ­ ­

The Hartford Small Company Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Energy — 4.7%
	32	Alon USA Energy, Inc.	$	1,165
	25	Arena Resources, Inc. (D)(G)		920
	17	ATP Oil & Gas Corp. (D)(G)		977
	15	Atwood Oceanics, Inc. (D)(G)		1,304
	39	Basic Energy Services, Inc. (D)(G)		780
	93	Cabot Oil & Gas Corp.		3,689
	198	Complete Production Services, Inc. (D)(G)		3,940
	12	Dawson Geophysical Co. (D)(G)		933
	43	Delek U.S. Holdings, Inc.		1,040
	100	Denbury Resources, Inc. (D)(G)		5,680
	78	Forest Oil Corp. (D)		3,779
	267	Grey Wolf, Inc. (D)(G)		1,503
	80	Hercules Offshore, Inc. (D)(G)		2,152
	46	RPC, Inc. (G)		517
	15	W-H Energy Services (D)(G)		852
				29,231
		Finance — 9.9%
	812	Aberdeen Asset Management plc (A)		3,467
	176	Aercap Holdings N.V. (D)		4,440
	148	Aircastle Ltd.		4,775
	7	Alexandria Real Estate Equities, Inc. (G)		722
	109	Allied World Assurance Holdings Ltd.		5,204
	66	Amtrust Financial Services (G)		915
	1,890	Babcock and Brown Wind Partners (A)		3,253
	81	Centene Corp. (D)		1,882
	58	CompuCredit Corp. (D)(G)		1,148
	26	Cousins Properties, Inc. (G)		754
	156	Covanta Holding Corp. (D)(G)		4,218
	26	Digital Realty Trust, Inc.		1,126
	5	Enstar Group Ltd. (D)(G)		704
	20	Equity Lifestyle Properties, Inc. (G)		987
	32	Evercore Partners, Inc.		840
	23	FCStone Group, Inc. (D)		800
	31	Felcor Lodging Trust, Inc. (G)		654
	25	First Industrial Realty Trust, Inc. (G)		1,015
	144	Freedom Acquisition Holdings, Inc. (D)(G)		1,904
	13	Gamco Investors, Inc.		823
	9	GFI Group, Inc. (D)(G)		795
	22	Greenhill & Co., Inc. (G)		1,608
	26	HealthExtras, Inc. (D)(G)		764
	15	International Securities Exchange Holdings, Inc.		1,033
	22	James River Group, Inc. (G)		769
	60	Knight Capital Group, Inc. (D)(G)		802
	111	MF Global Ltd. (D)		3,287
	7	Morningstar, Inc. (D)		551
	57	Nationwide Health Properties, Inc. (G)		1,775
	30	optionsXpress Holdings, Inc. (G)		899
	94	ProAssurance Corp. (D)(G)		5,163
	33	SVB Financial Group (D)(G)		1,698
	50	Universal American Financial Corp. (D)		1,213
	35	Waddell and Reed Financial, Inc. (G)		1,155
	20	World Acceptance Corp. (D)		631
				61,774
		Health Care — 10.1%
	23	Adams Respiratory Therapeutics, Inc. (D)		1,016
	27	Affymetrix, Inc. (D)		695
	29	Align Technology, Inc. (D)		597
	115	Alkermes, Inc. (D)(G)		1,865
	62	Alliance Imaging, Inc. (D)		614
	80	American Oriental Bioengineering, Inc. (D)(G)		1,103
	38	Amylin Pharmaceuticals, Inc. (D)(G)		1,733
	53	Apria Healthcare Group, Inc. (D)		1,269
	121	Arena Pharmaceuticals, Inc. (D)(G)		1,161
	18	ArthroCare Corp. (D)(G)		1,142
	36	Biomarin Pharmaceutical, Inc. (D)(G)		1,001
	69	Bradley Pharmaceuticals, Inc. (D)		1,351
	102	Charles River Laboratories International, Inc. (D)		5,902
	57	Cubist Pharmaceuticals, Inc. (D)(G)		1,342
	84	Dendreon Corp. (D)(G)		631
	11	Ev3, Inc. (D)(G)		155
	117	HealthSouth Corp. (D)(G)		2,356
	21	Healthways, Inc. (D)(G)		1,251
	223	Human Genome Sciences, Inc. (D)(G)		2,106
	18	Immucor, Inc. (D)		574
	21	Integra LifeSciences Holdings Corp. (D)(G)		1,019
	37	KV Pharmaceutical Co. (D)(G)		1,145
	20	Kyphon, Inc. (D)		1,446
	37	LCA-Vision, Inc. (G)		624
	20	Magellan Health Services, Inc. (D)		838
	35	Matria Healthcare, Inc. (D)(G)		906
	84	Medicines Co. (D)(G)		1,601
	44	Medicis Pharmaceutical Corp. (G)		1,293
	18	Mentor Corp. (G)		772
	51	MGI Pharma, Inc. (D)(G)		1,661
	69	Mindray Medical International Ltd.		2,754
	18	Myriad Genetics, Inc. (D)(G)		1,015
	54	Noven Pharmaceuticals, Inc. (D)(G)		833
	20	Onyx Pharmaceuticals, Inc. (D)(G)		934
	29	OSI Pharmaceuticals, Inc. (D)		1,214
	40	Par Pharmaceutical Cos., Inc. (D)(G)		746
	42	Pharmaceutical Product Development, Inc.		1,761
	23	PharmaNet Development Group, Inc. (D)		737
	18	Pharmion Corp. (D)(G)		883
	36	Quidel Corp. (D)		744
	53	Savient Pharmaceuticals, Inc. (D)		744
	51	Sciele Pharma, Inc. (D)(G)		1,293
	32	STERIS Corp. (G)		927
	26	United Therapeutics Corp. (D)		1,773
	55	Valeant Pharmaceuticals International (G)		807
	20	Ventana Medical Systems, Inc. (D)(G)		1,760
	42	Vertex Pharmaceuticals, Inc. (D)(G)		1,368
	187	ViroPharma, Inc. (D)(G)		1,610
	80	Volcano Corp. (D)(G)		1,368
	14	Xenoport, Inc. (D)(G)		706
				63,146
		Services — 12.3%
	40	ABM Industries, Inc. (G)		940
	23	Administaff, Inc. (G)		919
	13	Anixter International, Inc. (D)(G)		944
	34	Atheros Communications, Inc. (D)(G)		1,187
	14	CACI International, Inc. Class A (D)(G)		770

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

­ ­  224  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Services — (continued)
	26	CDI Corp. (G)	$	725
	9	Central European Media Enterprises Ltd. (D)(G)		1,052
	32	Cinemark Holdings, Inc.		544
	153	Citadel Broadcasting Corp. (G)		671
	46	Corvel (D)		1,233
	18	CPI Corp.		596
	99	Digital River, Inc. (D)(G)		5,256
	76	Dolan Media Co. (D)		2,047
	27	DynCorp International, Inc. (D)		616
	47	Factset Research Systems, Inc. (G)		3,321
	143	Focus Media Holding Ltd. ADR (D)(G)		8,835
	168	Foundry Networks, Inc. (D)(G)		3,543
	81	FTI Consulting, Inc. (D)(G)		4,406
	82	Healthspring, Inc. (D)(G)		1,727
	20	Heidrick & Struggles International, Inc. (G)		857
	21	Hub Group, Inc. (D)		530
	61	Hudson Highland Group, Inc. (D)		703
	127	Iron Mountain, Inc. (D)(G)		4,418
	30	Jack Henry & Associates, Inc.		880
	39	Kelly Services, Inc.		814
	193	Live Nation, Inc. (D)(G)		3,939
	47	Macrovision Corp. (D)(G)		1,121
	22	MAXIMUS, Inc. (G)		1,046
	165	Mentor Graphics Corp. (D)(G)		2,639
	13	Micros Systems (D)(G)		906
	27	Monarch Casino & Resort, Inc. (D)		839
	87	Nice Systems Ltd. (D)		3,436
	41	Parametric Technology Corp. (D)(G)		782
	52	Premiere Global Services, Inc. (D)(G)		862
	49	Priceline.com, Inc. (D)(G)		4,618
	33	Resources Connection, Inc. (G)		747
	84	Spherion Corp. (D)(G)		735
	69	TeleTech Holdings, Inc. (D)		1,730
	17	Vail Resorts, Inc. (D)(G)		1,008
	153	Waste Connections, Inc. (D)(G)		5,195
				77,137
		Technology — 26.4%
	170	Activision, Inc. (D)		4,018
	23	Acuity Brands, Inc. (G)		1,098
	39	ADTRAN, Inc. (G)		944
	96	Advanced Energy Industries, Inc. (D)(G)		1,542
	24	Advent Software, Inc. (D)(G)		1,330
	9	American Science & Engineering, Inc.		566
	103	Amkor Technology, Inc. (D)(G)		1,169
	21	Ansoft Corp. (D)(G)		620
	167	Ansys, Inc. (D)(G)		6,450
	552	Applied Micro Circuits Corp. (D)(G)		1,776
	67	Aspen Technology, Inc. (D)(G)		1,172
	20	ATMI, Inc. (D)		640
	24	Belden, Inc. (G)		1,386
	22	Blackboard, Inc. (D)(G)		1,103
	38	Blue Coat Systems, Inc. (D)(G)		1,534
	133	Cellcom Israel Ltd.		3,518
	92	Centennial Cellular Corp. Class A (D)		940
	44	Chordiant Software, Inc. (D)(G)		635
	41	Cogent Communication Group, Inc. (D)(G)		1,131
		Technology — (continued)
	31	Comtech Telecommunications Inc. (D)(G)		1,681
	46	Concur Technologies, Inc. (D)		1,643
	38	Consolidated Communications Holdings, Inc. (G)		756
	42	CSG Systems International, Inc. (D)(G)		870
	73	Ctrip.com International Ltd.		4,114
	12	Cubic Corp. (G)		532
	22	Diodes, Inc. (D)(G)		733
	113	Dobson Communications Corp. (D)(G)		1,459
	190	Emulex Corp. (D)		4,115
	92	Equinix, Inc. (D)(G)		10,758
	14	Esterline Technologies Corp. (D)		776
	38	Faro Technologies (D)		1,105
	99	FLIR Systems, Inc. (D)		6,868
	17	FormFactor, Inc. (D)(G)		683
	163	Fossil, Inc. (D)(G)		6,147
	16	Genlyte Group (D)(G)		1,029
	8	Golden Telecom, Inc. (G)		797
	154	Hologic, Inc. (D)(G)		10,474
	76	IHS, Inc. (D)(G)		4,805
	52	Informatica Corp. (D)		890
	112	Interactive Data Corp. (G)		3,611
	74	Interdigital, Inc. (D)(G)		1,599
	8	Itron, Inc. (D)(G)		879
	42	j2 Global Communications, Inc. (D)(G)		1,409
	102	Kenexa Corp. (D)(G)		2,978
	24	Microsemi Corp. (D)(G)		650
	23	MicroStrategy, Inc. (D)(G)		2,256
	42	Netflix, Inc. (D)(G)		1,123
	21	Netlogic Microsystems, Inc. (D)(G)		700
	49	Novatel Wireless, Inc. (D)(G)		1,277
	30	NTELOS Holdings Corp. (G)		920
	163	Nuance Communications, Inc. (D)(G)		3,607
	198	O2Micro International Ltd. ADR (D)		3,431
	38	OmniVision Technologies, Inc. (D)(G)		832
	106	ON Semiconductor Corp. (D)(G)		1,077
	214	Orbitz Worldwide, Inc. (D)		2,259
	60	PAETEC Holding Corp. (D)		803
	46	Phase Forward, Inc. (D)(G)		1,084
	126	PMC — Sierra, Inc. (D)(G)		1,136
	31	Polycom, Inc. (D)(G)		876
	155	Red Hat, Inc. (D)(G)		3,336
	136	RF Micro Devices, Inc. (D)(G)		849
	37	RightNow Technologies, Inc. (D)(G)		734
	32	SAVVIS, Inc. (D)(G)		1,203
	117	Semtech Corp. (D)(G)		2,001
	56	SiRF Technology Holdings, Inc. (D)(G)		1,656
	63	Sonic Solutions, Inc. (D)(G)		760
	116	Sonus Networks, Inc. (D)(G)		798
	28	SPSS, Inc. (D)(G)		1,067
	227	Sycamore Networks, Inc. (D)(G)		969
	87	Teledyne Technologies, Inc. (D)(G)		4,577
	87	THQ, Inc. (D)(G)		2,358
	33	Time Warner Telecom, Inc. Class A (D)		772
	49	Trident Microsystems, Inc. (D)(G)		369
	36	Triumph Group, Inc. (G)		2,866
	86	Trizetto Group, Inc. (D)(G)		1,412
	9	United Industrial Corp. (G)		721
	79	Valueclick, Inc. (D)(G)		2,145

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

­ ­  225  ­ ­

The Hartford Small Company Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	12	Varian, Inc. (D)	$	877
	38	Veeco Instruments, Inc. (D)(G)		685
	114	VeriFone Holdings, Inc. (D)(G)		5,636
	59	Verint Systems, Inc. (D)		1,485
	59	Websense, Inc. (D)(G)		1,090
	57	Wind River Systems, Inc. (D)(G)		719
	50	Zoran Corp. (D)(G)		1,274
				164,673
		Transportation — 0.7%
	2,344	Air Asia BHD (A)(D)		1,377
	298	ExpressJet Holdings, Inc. (D)(G)		990
	24	FreightCar America, Inc. (G)		1,030
	25	Polaris Industries, Inc. (G)		1,242
				4,639
		Utilities — 0.1%
	13	ITC Holdings Corp. (G)		768
		Total common stock (cost $508,410)	$	583,943
PREFERRED STOCK — 0.5%
		Services — 0.5%
	199	Net Servicos de Comunicacao S.A. (D)	$	3,189
		Total preferred stock (cost $2,432)	$	3,189
EXCHANGE TRADED FUNDS — 1.1%
		Finance — 1.1%
	78	iShares Russell 2000 Growth Index Fund (G)	$	6,975
		Total exchange traded funds (cost $6,438)	$	6,975
		Total long-term investments (cost $517,280)	$	594,107
Principal
Amount
SHORT-TERM INVESTMENTS — 44.5%
		Repurchase Agreements — 4.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $6,572, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $6,703)
$	6,571	4.94% dated 10/31/2007	$	6,571
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,184, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $2,219)
	2,183	4.52% dated 10/31/2007		2,183
		Repurchase Agreements — (continued)
Principal			Market
Amount			Value (W)
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,682, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $1,716)
	1,682	4.94% dated 10/31/2007	$	1,682
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,682, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $1,716)
	1,682	4.94% dated 10/31/2007		1,682
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $8, collateralized by U.S. Treasury Note 2.63%, 2008, value of $8)
	8	4.94% dated 10/31/2007		8
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3,662, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $3,735)
	3,661	4.94% dated 10/31/2007		3,661
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $4,318, collateralized by FNMA 6.00%, 2036 — 2037, value of $4,404)
	4,317	4.94% dated 10/31/2007		4,317
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,122, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,144)
	1,122	4.94% dated 10/31/2007		1,122
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,175, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $2,212)
	2,175	4.50% dated 10/31/2007		2,175
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,184, collateralized by U.S. Treasury Note 9.25%, 2016, value of $2,210)
	2,183	4.48% dated 10/31/2007		2,183
				25,584
Shares
		Securities Purchased with Proceeds from Security Lending — 40.1%
		Cash Collateral Reinvestment Fund:
	250,944	Mellon GSL DBT II Collateral Fund		250,743

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

­ ­  226  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		U.S. Treasury Bills — 0.3%
$	1,750	3.88%, 12/13/2007 (M)(S)			$	1,742
		Total short-term investments (cost $278,069)			$	278,069
��		Total investments (cost $795,349) (C)	139.6	%	$	872,176
		Other assets and liabilities	(39.6	)%		(247,598	)
		Total net assets	100.0	%	$	624,578

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 10.74% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $798,016 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	97,979
Unrealized Depreciation		(23,819	)
Net Unrealized Appreciation	$	74,160

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $21,952, which represents 3.51% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.
	Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
Russell Mini Futures		93		Long		Dec 2007	$	168

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	194	$	194		11/02/07	$	—

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  227  ­ ­

The Hartford SmallCap Growth Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.5%
		Basic Materials — 5.9%
	14	Alpha Natural Resources, Inc. (D)(G)	$	381
	6	Barnes Group, Inc.		235
	6	Brush Engineered Materials, Inc. (D)		289
	44	Century Aluminum Co. (D)(G)		2,591
	43	Ceradyne, Inc. (D)(G)		2,946
	27	CF Industries Holdings, Inc.		2,312
	17	Champion Enterprises, Inc. (D)(G)		198
	41	Cleveland-Cliffs, Inc. (G)		3,902
	22	Drew Industries (D)		865
	33	Grace (W.R.) & Co. (D)(G)		986
	3	Greif, Inc.		204
	16	Myers Industries		338
	55	Select Comfort Corp. (D)(G)		633
	24	Sturm Ruger & Co., Inc. (D)		225
	67	Sun Hydraulics Corp.		2,410
	95	Tempur-Pedic International, Inc. (G)		3,407
	24	Terra Industries, Inc. (D)(G)		883
	13	Tupperware Brands Corp.		456
				23,261
		Capital Goods — 5.4%
	39	Asyst Technologies, Inc. (D)		185
	6	Bally Technologies, Inc. (D)		253
	9	Blyth, Inc.		172
	13	Brooks Automation, Inc. (D)		173
	13	Build-A-Bear Workshop, Inc. (D)(G)		260
	11	Cohu, Inc. (G)		187
	12	Cymer, Inc. (D)		520
	5	Dril-Quip, Inc. (D)		259
	24	Entegris, Inc. (D)		222
	39	Graco, Inc. (G)		1,539
	33	Gulf Island Fabrication (G)		1,177
	9	Hexcel Corp. (D)(G)		217
	6	Hurco Cos. (D)		322
	62	Intevac, Inc. (D)		1,095
	52	Jakks Pacific, Inc. (D)(G)		1,383
	18	Kulicke and Soffa Industries, Inc. (D)(G)		140
	42	Lennox International, Inc.		1,485
	15	Lufkin Industries, Inc.		882
	61	MKS Instruments, Inc. (D)(G)		1,224
	5	NATCO Group, Inc. (D)		285
	28	Robbins & Myers, Inc. (G)		2,032
	18	Rudolph Technologies, Inc. (D)(G)		241
	84	Steelcase, Inc. (G)		1,506
	8	Tessera Technologies, Inc. (D)		313
	114	Varian Semiconductor Equipment Associates, Inc. (D)(G)		5,260
				21,332
		Consumer Cyclical — 11.8%
	83	Aeropostale, Inc. (D)(G)		1,902
	61	Agilysys, Inc. (G)		1,050
	32	Alliance One International, Inc. (D)(G)		211
	55	AnnTaylor Stores Corp. (D)(G)		1,711
	9	Applebee’s International, Inc. (G)		237
	48	Applied Industrial Technologies, Inc.		1,712
	37	BJ’s Wholesale Club, Inc. (D)		1,320
		Consumer Cyclical — (continued)
	56	Bon-Ton Stores, Inc. (G)		993
	92	Brown Shoe Co., Inc.		1,867
	17	Buffalo Wild Wings, Inc. (D)(G)		506
	19	Builders FirstSource, Inc. (D)		137
	88	Building Materials Holdings Corp. (G)		688
	11	CBRL Group, Inc.		426
	29	Charlotte Russe Holding, Inc. (D)		416
	28	Chemed Corp. (G)		1,561
	2	Chipotle Mexican Grill, Inc. (D)		256
	88	Collective Brands, Inc. (D)(G)		1,631
	6	Conns, Inc. (D)(G)		145
	34	Crocs, Inc. (D)(G)		2,549
	13	CSK Automotive Corp. (D)(G)		152
	14	Deckers Outdoor Corp. (D)(G)		1,901
	58	Eddie Bauer Holdings, Inc. (D)(G)		433
	6	Ethan Allen Interiors, Inc. (G)		186
	17	FGX International Holdings Ltd. (D)		294
	4	Genesco, Inc. (D)(G)		190
	4	Granite Construction, Inc.		152
	8	Green Mountain Coffee Roasters (D)		287
	11	GSI Commerce, Inc. (D)		301
	8	Herman Miller, Inc.		216
	171	Hot Topic, Inc. (D)(G)		1,310
	6	Integrated Electrical Services, Inc. (D)(G)		149
	71	J. Crew Group, Inc. (D)(G)		2,669
	6	Jack in the Box, Inc. (D)		182
	9	Jo-Ann Stores, Inc. (D)		178
	14	Jos. A. Bank Clothiers, Inc. (D)(G)		406
	10	Knoll, Inc.		190
	10	K-Swiss, Inc. (G)		246
	11	Lear Corp. (D)		377
	29	Maidenform Brands, Inc. (D)(G)		432
	25	Men’s Wearhouse, Inc.		1,038
	27	Nash Finch Co.		1,022
	17	P. F. Chang’s China Bistro, Inc. (D)(G)		489
	134	Pacific Sunwear of California, Inc. (D)(G)		2,244
	17	Perini Corp. (D)		984
	24	Phillips-Van Heusen Corp.		1,147
	10	PSS World Medical, Inc. (D)		209
	6	Sigma Designs, Inc. (D)(G)		379
	70	Skechers U.S.A., Inc. Class A (D)(G)		1,725
	47	Sotheby’s (G)		2,521
	167	Source Information Management Co. (D)(G)		531
	8	Systemax, Inc. (G)		177
	42	Tenneco Automotive, Inc. (D)(G)		1,273
	49	Ulta Salon, Cosmetics & Fragrances, Inc. (D)		1,662
	4	United Stationers, Inc. (D)(G)		219
	15	Walter Industries		450
	11	Warnaco Group, Inc. (D)(G)		427
	6	World Fuel Services Corp. (G)		254
				46,320
		Consumer Staples — 0.5%
	4	Chattem, Inc. (D)(G)		331
	8	Flowers Foods, Inc. (G)		176
	5	M & F Worldwide Corp. (D)(G)		256
	95	Sally Beauty Co., Inc. (D)(G)		881

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

­ ­  228  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Consumer Staples — (continued)
	10	Vector Group Ltd. (G)	$	208
				1,852
		Energy — 5.7%
	90	Alon USA Energy, Inc.		3,289
	7	Arena Resources, Inc. (D)(G)		266
	5	ATP Oil & Gas Corp. (D)(G)		267
	5	Atwood Oceanics, Inc. (D)(G)		380
	11	Basic Energy Services, Inc. (D)(G)		222
	72	Cabot Oil & Gas Corp. (G)		2,846
	90	Complete Production Services, Inc. (D)		1,785
	25	CVR Energy, Inc. (D)		579
	13	Dawson Geophysical Co. (D)(G)		1,052
	116	Delek U.S. Holdings, Inc. (G)		2,767
	291	Grey Wolf, Inc. (D)(G)		1,636
	100	Headwaters, Inc. (D)(G)		1,437
	23	Hercules Offshore, Inc. (D)(G)		617
	108	Pioneer Drilling Co. (D)(G)		1,320
	13	RPC, Inc. (G)		147
	25	Swift Energy Co. (D)		1,176
	41	Trico Marine Services, Inc. (D)		1,324
	73	Union Drilling, Inc. (D)(G)		970
	4	W-H Energy Services (D)(G)		236
				22,316
		Finance — 7.8%
	88	Advanta Corp. Class B (G)		1,383
	2	Alexandria Real Estate Equities, Inc.		206
	28	Allied World Assurance Holdings Ltd.		1,356
	119	Amerisafe, Inc. (D)		1,923
	18	Amtrust Financial Services (G)		247
	33	Arch Capital Group Ltd. (D)		2,460
	100	Aspen Insurance Holdings Ltd.		2,725
	23	Centene Corp. (D)		541
	37	CompuCredit Corp. (D)(G)		739
	7	Cousins Properties, Inc. (G)		215
	7	Digital Realty Trust, Inc.		321
	29	Dollar Financial Corp. (D)(G)		935
	23	eHealth, Inc. (D)(G)		640
	120	Encore Capital Group, Inc. (D)(G)		1,369
	2	Enstar Group Ltd. (D)(G)		200
	6	Equity Lifestyle Properties, Inc.		276
	9	Evercore Partners, Inc.		228
	6	FCStone Group, Inc. (D)		222
	9	Felcor Lodging Trust, Inc.		187
	35	First Community Bancorp, Inc. (G)		1,724
	7	First Industrial Realty Trust, Inc. (G)		285
	4	Gamco Investors, Inc.		232
	3	GFI Group, Inc. (D)(G)		225
	6	Greenhill & Co., Inc. (G)		417
	7	HealthExtras, Inc. (D)(G)		201
	5	International Securities Exchange Holdings, Inc.		338
	6	James River Group, Inc. (G)		205
	16	Knight Capital Group, Inc. (D)(G)		211
	38	National Financial Partners Corp. (G)		2,083
	16	Nationwide Health Properties, Inc. (G)		506
		Finance — (continued)
	50	Newcastle Investment Corp. (G)		745
	9	optionsXpress Holdings, Inc.		260
	69	Security Capital Assurance Ltd.		909
	48	Sunstone Hotel Investors, Inc.		1,338
	9	SVB Financial Group (D)		451
	24	Taubman Centers, Inc. (G)		1,436
	14	Universal American Financial Corp. (D)		339
	69	Waddell and Reed Financial, Inc. Class A (G)		2,280
	6	World Acceptance Corp. (D)		187
				30,545
		Health Care — 19.2%
	118	Acadia Pharmaceuticals, Inc. (D)(G)		1,812
	7	Adams Respiratory Therapeutics, Inc. (D)(G)		287
	8	Affymetrix, Inc. (D)(G)		199
	8	Align Technology, Inc. (D)		171
	234	Alkermes, Inc. (D)(G)		3,791
	17	Alliance Imaging, Inc. (D)		172
	123	American Oriental Bioengineering, Inc. (D)(G)		1,696
	180	Applera Corp. — Celera Group (D)(G)		2,939
	14	Apria Healthcare Group, Inc. (D)(G)		340
	152	Arena Pharmaceuticals, Inc. (D)(G)		1,462
	5	ArthroCare Corp. (D)(G)		297
	10	Biomarin Pharmaceutical, Inc. (D)(G)		280
	18	Bradley Pharmaceuticals, Inc. (D)		361
	48	CONMED Corp.��(D)		1,357
	15	Cubist Pharmaceuticals, Inc. (D)(G)		354
	287	CV Therapeutics, Inc. (D)(G)		2,943
	51	Cynosure, Inc. Class A (D)(G)		1,923
	172	Cytokinetics, Inc. (D)(G)		849
	24	Dendreon Corp. (D)(G)		178
	569	Encysive Pharmaceuticals, Inc. (D)(G)		745
	3	Ev3, Inc. (D)(G)		50
	112	Exelixis, Inc. (D)(G)		1,234
	6	Healthways, Inc. (D)(G)		354
	173	Human Genome Sciences, Inc. (D)(G)		1,634
	5	Immucor, Inc. (D)		164
	157	Incyte Corp. (D)		1,360
	6	Integra LifeSciences Holdings Corp. (D)(G)		267
	98	Invacare Corp.		2,641
	59	Isis Pharmaceuticals, Inc. (D)(G)		1,036
	10	KV Pharmaceutical Co. (D)(G)		317
	6	Kyphon, Inc. (D)		404
	10	LCA-Vision, Inc. (G)		162
	134	LifePoint Hospitals, Inc. (D)(G)		4,087
	47	Longs Drug Stores Corp. (G)		2,442
	39	Magellan Health Services, Inc. (D)(G)		1,650
	101	Mannatech, Inc. (G)		799
	10	Matria Healthcare, Inc. (D)		254
	11	Medicis Pharmaceutical Corp. Class A (G)		340
	5	Mentor Corp. (G)		230
	40	MGI Pharma, Inc. (D)(G)		1,298
	5	Myriad Genetics, Inc. (D)(G)		287
	16	Noven Pharmaceuticals, Inc. (D)(G)		240
	383	NPS Pharmaceuticals, Inc. (D)(G)		1,747
	38	Obagi Medical Products, Inc. (D)		819
	6	Onyx Pharmaceuticals, Inc. (D)(G)		257
	8	OSI Pharmaceuticals, Inc. (D)		336

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

­ ­  229  ­ ­

The Hartford SmallCap Growth Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Health Care — (continued)
	12	Par Pharmaceutical Cos., Inc. (D)(G)	$	216
	197	Perrigo Co. (G)		4,680
	6	PharmaNet Development Group, Inc. (D)		203
	45	Pharmion Corp. (D)(G)		2,154
	32	Progenics Pharmaceuticals, Inc. (D)(G)		730
	9	Quidel Corp. (D)		185
	176	Regeneron Pharmaceuticals, Inc. (D)(G)		3,861
	199	Rigel Pharmaceuticals, Inc. (D)(G)		2,100
	75	Rochester Medical Corp. (D)(G)		1,170
	78	Salix Pharmaceuticals Ltd. (D)(G)		917
	17	Savient Pharmaceuticals, Inc. (D)		240
	14	Sciele Pharma, Inc. (D)(G)		346
	105	STERIS Corp. (G)		3,041
	9	SurModics, Inc. (D)(G)		482
	31	Tomotherapy, Inc. (D)		685
	7	United Therapeutics Corp. (D)		487
	30	Usana Health Sciences, Inc. (D)(G)		1,232
	16	Valeant Pharmaceuticals International		235
	6	Ventana Medical Systems, Inc. (D)(G)		488
	147	Vermillion, Inc. (D)(G)		147
	51	ViroPharma, Inc. (D)(G)		440
	33	West Pharmaceutical Services (G)		1,348
	46	Xenoport, Inc. (D)(G)		2,250
	88	Zymogenetics, Inc. (D)		1,186
				75,388
		Services — 13.1%
	11	ABM Industries, Inc. (G)		264
	7	Administaff, Inc.		277
	4	Anixter International, Inc. (D)		258
	10	Atheros Communications, Inc. (D)		335
	4	CACI International, Inc. Class A (D)		210
	7	CDI Corp. (G)		201
	17	Central European Media Enterprises Ltd. (D)		1,997
	37	Cerner Corp. (D)(G)		2,198
	9	Cinemark Holdings, Inc.		153
	45	Citadel Broadcasting Corp. (G)		199
	68	Comsys IT Partners, Inc. (D)		1,205
	15	Corvel (D)(G)		388
	32	CPI Corp.		1,063
	11	Digital River, Inc. (D)(G)		593
	8	DynCorp International, Inc. (D)		173
	44	Factset Research Systems, Inc. (G)		3,131
	21	Foundry Networks, Inc. (D)		434
	5	FTI Consulting, Inc. (D)(G)		286
	128	Healthspring, Inc. (D)		2,679
	5	Heidrick & Struggles International, Inc. (G)		225
	155	Hub Group, Inc. (D)(G)		3,925
	17	Hudson Highland Group, Inc. (D)		194
	40	ICF International, Inc. (D)		1,236
	57	Imergent, Inc. (G)		1,382
	35	inVentiv Health, Inc. (D)(G)		1,486
	49	ITT Educational Services, Inc. (D)(G)		6,258
	66	Jack Henry & Associates, Inc. (G)		1,928
	10	Kelly Services, Inc.		214
	58	Live Nation, Inc. (D)(G)		1,194
	13	Macrovision Corp. (D)(G)		314
		Services — (continued)
	32	Mantech International Corp. Class A (D)(G)		1,284
	6	MAXIMUS, Inc. (G)		298
	113	Mentor Graphics Corp. (D)(G)		1,810
	4	Micros Systems (D)		255
	8	Monarch Casino & Resort, Inc. (D)		230
	11	Parametric Technology Corp. (D)		218
	97	Perot Systems Corp. Class A (D)(G)		1,412
	34	Premier Exhibitions, Inc. (D)(G)		376
	15	Premiere Global Services, Inc. (D)(G)		245
	39	Priceline.com, Inc. (D)(G)		3,662
	51	Resources Connection, Inc. (G)		1,170
	23	Spherion Corp. (D)		203
	5	Vail Resorts, Inc. (D)(G)		291
	7	Waste Connections, Inc. (D)		240
	81	Watson Wyatt Worldwide, Inc. (G)		3,866
	37	Wright Express Corp. (D)(G)		1,440
				51,400
		Technology — 26.5%
	17	A.O. Smith Corp. (G)		624
	97	Acuity Brands, Inc. (G)		4,661
	31	ADC Telecommunications, Inc. (D)		578
	9	ADTRAN, Inc. (G)		227
	258	Advanced Energy Industries, Inc. (D)(G)		4,127
	7	Advent Software, Inc. (D)(G)		383
	3	American Science & Engineering, Inc.		176
	30	Amkor Technology, Inc. (D)		336
	5	Ansoft Corp. (D)		157
	77	Ansys, Inc. (D)(G)		2,978
	297	Arris Group, Inc. (D)(G)		3,410
	20	Aspen Technology, Inc. (D)(G)		350
	6	ATMI, Inc. (D)		180
	27	Belden, Inc. (G)		1,562
	6	Blackboard, Inc. (D)		304
	42	Blue Coat Systems, Inc. (D)(G)		1,703
	303	Brocade Communications Systems, Inc. (D)		2,882
	26	Centennial Cellular Corp. Class A (D)		270
	56	Chordiant Software, Inc. (D)		816
	29	Cogent Communication Group, Inc. (D)(G)		811
	38	Comtech Telecommunications Corp. (D)(G)		2,050
	10	Consolidated Communications Holdings, Inc. (G)		196
	87	CSG Systems International, Inc. (D)(G)		1,788
	3	Cubic Corp. (G)		139
	6	Diodes, Inc. (D)(G)		193
	36	Dobson Communications Corp. (D)		461
	260	Emulex Corp. (D)(G)		5,642
	4	Equinix, Inc. (D)(G)		513
	4	Esterline Technologies Corp. (D)		218
	8	FLIR Systems, Inc. (D)(G)		548
	5	FormFactor, Inc. (D)(G)		177
	6	Fossil, Inc. (D)		240
	4	Genlyte Group (D)		280
	47	Golden Telecom, Inc. (G)		4,852
	40	Greatbatch, Inc. (D)		1,002
	6	Hologic, Inc. (D)		435
	5	IHS, Inc. (D)(G)		304
	15	Informatica Corp. (D)		259
	59	Interdigital, Inc. (D)(G)		1,267

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

­ ­  230  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	2	Itron, Inc. (D)(G)	$	249
	102	j2 Global Communications, Inc. (D)(G)		3,426
	36	Lamson & Sessions Co. (D)		975
	34	LoJack Corp. (D)		603
	99	Magma Design Automation, Inc. (D)(G)		1,474
	138	Micrel, Inc.		1,252
	6	Microsemi Corp. (D)(G)		173
	7	MicroStrategy, Inc. (D)		644
	17	Middleby Corp. (D)		1,101
	71	Netflix, Inc. (D)(G)		1,894
	6	Netlogic Microsystems, Inc. (D)(G)		193
	69	Neustar, Inc. (D)(G)		2,353
	46	Novatel Wireless, Inc. (D)(G)		1,176
	59	Novatel, Inc. ADR (D)		2,950
	9	NTELOS Holdings Corp.		264
	19	Nuance Communications, Inc. (D)		426
	19	Omniture, Inc. (D)		632
	11	OmniVision Technologies, Inc. (D)(G)		234
	234	ON Semiconductor Corp. (D)(G)		2,385
	96	Orbitz Worldwide, Inc. (D)(G)		1,011
	15	PAETEC Holding Corp. (D)		208
	13	Phase Forward, Inc. (D)		316
	36	PMC — Sierra, Inc. (D)(G)		320
	8	Polycom, Inc. (D)		214
	298	RF Micro Devices, Inc. (D)(G)		1,856
	10	RightNow Technologies, Inc. (D)(G)		203
	36	SAVVIS, Inc. (D)(G)		1,351
	13	Semtech Corp. (D)		226
	14	SiRF Technology Holdings, Inc. (D)(G)		417
	302	Skyworks Solutions, Inc. (D)(G)		2,783
	174	Smart Modular Technologies, Inc. (D)		1,538
	18	Sonic Solutions, Inc. (D)(G)		211
	30	Sonus Networks, Inc. (D)(G)		210
	45	SPSS, Inc. (D)(G)		1,717
	92	Starent Networks Corp. (D)(G)		2,290
	55	Sybase, Inc. (D)		1,567
	63	Sycamore Networks, Inc. (D)		270
	34	Synchronoss Technologies, Inc. (D)		1,372
	58	Technitrol, Inc.		1,697
	60	THQ, Inc. (D)		1,610
	9	Time Warner Telecom, Inc. Class A (D)		211
	14	Trident Microsystems, Inc. (D)(G)		103
	41	Triumph Group, Inc.		3,225
	157	Trizetto Group, Inc. (D)(G)		2,557
	123	Ultra Clean Holdings, Inc. (D)		1,581
	3	United Industrial Corp. (G)		204
	95	United Online, Inc. (G)		1,665
	22	Valueclick, Inc. (D)(G)		587
	4	Varian, Inc. (D)		266
	9	Veeco Instruments, Inc. (D)(G)		160
	130	Vishay Intertechnology, Inc. (D)		1,637
	19	Websense, Inc. (D)		341
	13	Wind River Systems, Inc. (D)(G)		164
	14	Zoran Corp. (D)(G)		369
				103,960
		Transportation — 3.5%
	18	Air Methods Corp. (D)(G)		966
	22	Alaska Air Group, Inc. (D)(G)		549
	62	American Commercial Lines, Inc. (D)(G)		929
	74	ExpressJet Holdings, Inc. (D)(G)		246
	56	FreightCar America, Inc. (G)		2,441
	180	Knight Transportation, Inc. (G)		2,869
	65	Landstar System, Inc.		2,719
	7	Polaris Industries, Inc. (G)		350
	47	SkyWest, Inc.		1,283
	66	Werner Enterprises, Inc. (G)		1,263
				13,615
		Utilities — 0.1%
	4	ITC Holdings Corp. (G)		210
		Total common stock (cost $364,419)	$	390,199
Principal
Amount
SHORT-TERM INVESTMENTS — 42.8%
		Repurchase Agreements — 0.8%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $859, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $876)
$	859	4.94% dated 10/31/2007	$	859
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $296, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $301)
	296	4.52% dated 10/31/2007		296
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $220, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $224)
	220	4.94% dated 10/31/2007		220
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $220, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $224)
	220	4.94% dated 10/31/2007		220
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1, collateralized by U.S. Treasury Note 2.63%, 2008, value of $1)
	1	4.94% dated 10/31/2007		1

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

­ ­  231  ­ ­

The Hartford SmallCap Growth Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $479, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $488)
$	478	4.94% dated 10/31/2007			$	478
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $564, collateralized by FNMA 6.00%, 2036 — 2037, value of $576)
	564	4.94% dated 10/31/2007				564
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $147, collateralized by FNMA 6.00%, 2036 — 2037, value of $150)
	147	4.94% dated 10/31/2007				147
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $295, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $300)
	295	4.50% dated 10/31/2007				295
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $296, collateralized by U.S. Treasury Note 9.25%, 2016, value of $300)
	296	4.48% dated 10/31/2007				296
						3,376
Shares
		Securities Purchased with Proceeds from Security Lending — 41.9%
		Cash Collateral Reinvestment Fund:
	164,502	Mellon GSL DBT II Collateral Fund				164,371
Principal
Amount
		U.S. Treasury Bills — 0.1%
$	375	3.88%, 12/13/2007 (M)(S)				373
		Total short-term investments (cost $168,120)			$	168,120
		Total investments (cost $532,539) (C)	142.3	%	$	558,319
		Other assets and liabilities	(42.3	)%		(165,974	)
		Total net assets	100.0	%	$	392,345

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 0.83% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $539,706 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	48,363
Unrealized Depreciation		(29,750	)
Net Unrealized Appreciation	$	18,613

(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.

Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
Russell Mini Futures		13		Long		Dec 2007	$	12

	* The number of contracts does not omit 000’s.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  232  ­ ­

The Hartford Stock Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.6%
		Basic Materials — 2.9%
	211	Alcoa, Inc.	$	8,365
	169	Cameco Corp.		8,270
	85	Freeport McMoRan Copper & Gold, Inc. (U)		10,038
	423	Mitsubishi Rayon Co., Ltd. (A)(G)		2,401
	192	Uranium One, Inc. (D)		2,137
				31,211
		Consumer Cyclical — 4.1%
	2,495	Buck Holdings L.P. (A)(D)(H)		2,245
	330	Kohl’s Corp. (D)		18,113
	581	Lowe’s Cos., Inc.		15,634
	198	Supervalu, Inc.		7,676
				43,668
		Consumer Staples — 6.3%
	46	Bunge Ltd. Finance Corp.		5,322
	2	Japan Tobacco, Inc. (A)		8,842
	276	PepsiCo, Inc.		20,310
	451	Procter & Gamble Co.		31,326
	32	Tyson Foods, Inc. Class A		502
				66,302
		Energy — 8.9%
	154	Chesapeake Energy Corp.		6,064
	73	ConocoPhillips Holding Co.		6,228
	151	EnCana Corp.		10,553
	276	Exxon Mobil Corp.		25,398
	214	Halliburton Co.		8,423
	356	OAO Gazprom ADR (G)		17,711
	288	Occidental Petroleum Corp.		19,886
				94,263
		Finance — 22.1%
	364	American International Group, Inc.		22,986
	497	Bank of America Corp.		23,976
	246	Capital One Financial Corp.		16,122
	438	Citigroup, Inc.		18,336
	231	Commerce Bancorp, Inc.		9,393
	196	Countrywide Financial Corp.		3,040
	640	Discover Financial Services		12,343
	443	E*Trade Financial Corp. (D)(G)		4,929
	87	Goldman Sachs Group, Inc.		21,544
	221	ING Groep N.V. ADR		9,938
	1,085	Invesco plc (A)		16,610
	157	Merrill Lynch & Co., Inc.		10,365
	194	State Street Corp.		15,451
	356	UBS AG		19,090
	358	UnitedHealth Group, Inc.		17,601
	545	Western Union Co.		12,007
				233,731
		Health Care — 16.2%
	189	Amgen, Inc. (D)		10,971
	123	Astellas Pharma, Inc. (A)		5,442
	92	AstraZeneca plc (A)		4,523
	208	Daiichi Sankyo Co., Ltd. (A)		5,909
	128	Eisai Co., Ltd. (A)		5,375
		Health Care — (continued)
	694	Elan Corp. plc ADR (D)		16,522
	301	Eli Lilly & Co.		16,299
	129	Genentech, Inc. (D)		9,592
	335	Medtronic, Inc.		15,911
	249	Sanofi-Aventis S.A. ADR		10,967
	636	Schering-Plough Corp.		19,420
	526	Shionogi & Co., Ltd. (A)		8,964
	97	UCB S.A. (A)		5,701
	136	Vertex Pharmaceuticals, Inc. (D)		4,392
	353	Walgreen Co.		13,977
	361	Wyeth		17,546
				171,511
		Services — 9.4%
	994	Comcast Corp. Class A (D)		20,930
	127	Monster Worldwide, Inc. (D)		5,166
	1,080	Time Warner, Inc.		19,714
	294	United Parcel Service, Inc. Class B		22,094
	223	Viacom, Inc. Class B (D)		9,218
	355	Waste Management, Inc.		12,926
	718	XM Satellite Radio Holdings, Inc. Class A (D)(G)		9,540
				99,588
		Technology — 28.1%
	113	Apple, Inc. (D)		21,521
	524	Applied Materials, Inc.		10,170
	337	AT&T, Inc.		14,098
	885	Cisco Systems, Inc. (D)		29,252
	331	Corning, Inc.		8,029
	114	Electronic Arts, Inc. (D)		6,986
	744	Flextronics International Ltd. (D)		9,157
	1,272	General Electric Co.		52,343
	42	Google, Inc. (D)		29,623
	836	Intel Corp.		22,488
	151	KLA-Tencor Corp.		7,940
	519	Maxim Integrated Products, Inc.		14,070
	219	MetroPCS Communications, Inc. (D)		4,937
	452	Motorola, Inc.		8,501
	385	Network Appliance, Inc. (D)		12,121
	143	Qualcomm, Inc.		6,093
	936	Sprint Nextel Corp.		16,007
	167	Texas Instruments, Inc.		5,441
	133	Whirlpool Corp.		10,539
	261	Yahoo!, Inc. (D)		8,120
				297,436
		Utilities — 0.6%
	34	E.On AG (A)		6,598
		Total common stock (cost $967,593)	$	1,044,308

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

­ ­  233  ­ ­

The Hartford Stock Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
PREFERRED STOCK — 0.5%
		Finance — 0.5%
	199	Banco Itau Holding			$	5,654
		Total preferred stock (cost $4,362)			$	5,654
		Total long-term investments (cost $971,955)			$	1,049,962
Principal
Amount
SHORT-TERM INVESTMENTS — 3.0%
		Repurchase Agreements — 0.5%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,052, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $2,093)
$	2,052	4.94% dated 10/31/2007			$	2,052
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $525, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $536)
	525	4.94% dated 10/31/2007				525
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $525, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $536)
	525	4.94% dated 10/31/2007				525
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2, collateralized by U.S. Treasury Note 2.63%, 2008, value of $2)
	2	4.94% dated 10/31/2007				2
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,143, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $1,166)
	1,143	4.94% dated 10/31/2007				1,143
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,348, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,375)
	1,348	4.94% dated 10/31/2007				1,348
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $350, collateralized by FNMA 6.00%, 2036 — 2037, value of $357)
	350	4.94% dated 10/31/2007				350
						5,945
Principal					Market
Amount					Value (W)
					Market
Shares					Value (W)
		Securities Purchased with Proceeds from Security Lending — 2.5%
		Cash Collateral Reinvestment Fund:
	18,590	Navigator Prime Portfolio			$	18,590
Principal
Amount
		Federal Home Loan Mortgage Corporation Collateral Securities:
		Federal Home Loan Mortgage Corp.
$	646	4.75%, 11/26/2007				644
	792	4.59%, 01/25/2008				783
						1,427
		Federal National Mortgage Association Collateral Securities:
		Federal National Mortgage Association
	—	4.44%, 11/14/2007				—
	15	3.00%, 03/03/2008				15
	2	5.25%, 01/29/2009				3
						18
		Other Direct Federal Obligation Collateral Securities:
		Federal Home Loan Bank
	3	3.75%, 08/13/2008				3
	13	4.36%, 09/10/2009				13
	736	4.41%, 01/09/2008				729
	5	4.44%, 11/21/2007 — 12/21/2007				7
	4	4.57%, 11/14/2007 — 02/15/2008				3
	2,920	4.59%, 11/30/2007				2,909
	58	4.65%, 01/25/2008				57
	2	5.38%, 05/01/2009				2
						3,723
		U.S. Treasury Collateral Securities:
		U.S. Treasury Bond
	6	2.38%, 01/15/2027 (O)				6
	190	3.88%, 04/15/2029 (O)				310
		U.S. Treasury Note
	1,872	2.00%, 01/15/2016 (O)				1,958
	20	3.00%, 07/15/2012 (O)				24
	175	3.88%, 01/15/2009 (O)				229
						2,527
						26,285
		Total short-term investments (cost $32,230)			$	32,230
		Total investments (cost $1,004,185) (C)	102.1	%	$	1,082,192
		Other assets and liabilities	(2.1	)%		(22,682	)
		Total net assets	100.0	%	$	1,059,510

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 16.16% of total net assets at October 31, 2007.

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

­ ­  234  ­ ­

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $1,015,464 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	116,510
Unrealized Depreciation		(49,782	)
Net Unrealized Appreciation	$	66,728

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $72,610, which represents 6.85% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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		2,495	Buck Holdings L.P.	$	2,497

	The aggregate value of these securities at October 31, 2007 was $2,245 which represents 0.21% of total net assets.
(U)	At October 31, 2007, securities valued at $3,168 were designated to cover open call options written as follows (see Note 2b to accompanying Notes to Financial Statements):

	Number of		Exercise		Exercise		Market		Premiums
Issuer	Contracts*		Price		Date		Value (W)		Received
Freeport McMoRan Copper & Gold, Inc.		264	$	120.00		Nov 2007	$	87	$	73

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Sell)	$	1,583	$	1,583		11/05/07	$	—
Swiss Franc (Sell)		5,837		5,838		11/05/07		1
							$	1

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  235  ­ ­

The Hartford Strategic Income Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 15.2%
		Finance — 15.2%
		Bank of America Credit Card Trust
$	500	5.17%, 06/15/2019	$	489
		Bayview Commercial Asset Trust
	1,295	7.50%, 09/25/2037 (H)(T)		189
		Bayview Financial Acquisition Trust
	250	8.05%, 08/28/2047		252
		Bear Stearns Commercial Mortgage Securities, Inc.
	500	5.45%, 12/11/2040 #		492
	600	5.90%, 06/11/2040 (I)(L)		565
		CBA Commercial Small Balance Commercial Mortgage
	4,976	7.25%, 07/25/2039 (H)(T)		478
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	375	5.32%, 12/11/2049		366
		Cobalt CMBS Commercial Funding Corp.
	375	5.25%, 08/15/2048 #		362
		Commercial Mortgage Pass-Through Certificates
	500	5.31%, 12/10/2046 #		488
	600	5.99%, 06/10/2046 (L)#		606
		Credit-Based Asset Servicing and Securitization LLC
	94	5.14%, 05/25/2036 (H)(L)#		90
		GMAC Mortgage Corp. Loan Trust
	555	6.05%, 12/25/2037 (L)#		550
		Goldman Sachs Mortgage Securities Corp. II
	500	5.99%, 08/10/2045 (L)		471
		Greenwich Capital Commercial Funding Corp.
	375	5.44%, 03/10/2039 (L)		369
	300	6.32%, 11/05/2021 (H)(L)		291
	325	6.53%, 11/05/2021 (H)(L)		316
		IMPAC Commercial Mortgage Backed Trust
	337	6.37%, 02/25/2036 (L)#		243
		JP Morgan Chase Commercial Mortgage Security Corp.
	342	4.16%, 01/12/2039 (I)#		324
	400	5.00%, 10/15/2042 (L)		383
	500	6.06%, 02/15/2051 (L)		483
	105	6.20%, 02/12/2051 (I)(L)		103
		LB-UBS Commercial Mortgage Trust
	300	5.41%, 09/15/2039 (L)#		293
		MBNA Credit Card Master Note Trust
	300	6.80%, 07/15/2014 #		309
		Merrill Lynch Mortgage Trust
	600	5.42%, 11/12/2037 (L)		570
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	500	6.10%, 06/12/2046 (L)#		512
		Finance — (continued)
		Morgan Stanley Capital I
	300	5.69%, 04/15/2049 (L)#		299
	500	5.88%, 04/15/2049 (L)		499
	600	5.91%, 04/15/2049 (I)(L)		563
		Renaissance Home Equity Loan Trust, Class M5
	100	7.00%, 09/25/2037 (H)		75
		Renaissance Home Equity Loan Trust, Class M8
	125	7.00%, 09/25/2037 (H)		69
		USAA Automotive Owner Trust
	500	4.63%, 05/15/2012		499
		Wachovia Bank Commercial Mortgage Trust
	500	5.42%, 01/15/2045 (L)		493
	500	5.87%, 07/15/2045 (L)		475
	143,009	10.00%, 02/15/2051 (T)		277
		Total asset & commercial mortgage backed securities (cost $12,818)	$	12,843
CORPORATE BONDS: INVESTMENT GRADE — 13.8%
		Capital Goods — 0.5%
		Embraer Overseas Ltd.
$	450	6.38%, 01/24/2017	$	440
		Energy — 1.2%
		Lukoil International Finance B.V.
	500	6.36%, 06/07/2017 (I)#		481
		TNK-BP Finance S.A.
	100	6.63%, 03/20/2017 (K)		91
	500	7.50%, 03/13/2013 — 07/18/2016 (I)		493
				1,065
		Finance — 8.8%
		AMBAC Financial Group, Inc.
	200	6.15%, 02/15/2037 #		153
		Axa S.A.
	500	6.46%, 12/14/2049 (I)(L)		465
		C10 Capital SPV Ltd.
	300	6.72%, 12/31/2049 (K)(L)#		289
		Capital One Capital III
	300	7.69%, 08/15/2036		291
		CIT Group, Inc.
	500	6.10%, 03/15/2067 (L)		409
		Comerica Capital Trust II
	300	6.58%, 02/20/2037 (L)#		271
		Countrywide Financial Corp.
	235	5.80%, 06/07/2012		202
		Countrywide Home Loans, Inc.
	300	4.13%, 09/15/2009		262
		Goldman Sachs Capital Trust II
	750	5.79%, 12/29/2049 (L)		700
		HSBK Europe B.V.
	100	7.25%, 05/03/2017 (I)		93
	150	7.25%, 05/03/2017 (K)		140
		Kazkommerts International B.V.
	100	8.00%, 11/03/2015 (I)		89

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

­ ­  236  ­ ­

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		Kuzneski Capital S.A.
$	400	7.50%, 11/25/2015 (L)	$	394
		New Zealand Government
NZD	895	6.00%, 07/15/2008		684
		Northern Rock plc
	400	5.60%, 04/30/2049 (I)		320
	400	6.59%, 06/28/2049 (I)(L)		320
		Rabobank Nederland
ISK	20,000	13.50%, 01/28/2008 (I)		333
		Residential Capital Corp.
	115	6.22%, 06/09/2008 (L)		103
		RSHB Capital
	275	6.30%, 05/15/2017		262
	100	6.97%, 09/21/2016 (L)		99
		Sagicor Financial Ltd.
	100	7.50%, 05/12/2016 (H)#		103
		SB Capital S.A.
	400	6.48%, 05/15/2013		401
		Transcapitalinvest, Ltd.
	500	5.67%, 03/05/2014 (I)#		483
		Washington Mutual Preferred Funding
	600	9.75%, 10/29/2049 (I)(L)#		594
				7,460
		Foreign Governments — 1.6%
		Austria Government
AUD	1,430	8.00%, 03/01/2008 #		1,337
		Services — 0.6%
		Clear Channel Communications, Inc.
	175	7.65%, 09/15/2010		178
		International Bank for Reconstruction and Development
TRY	360	13.63%, 05/09/2017		318
				496
		Utilities — 1.1%
		Empresa Nacional De Electricidad S.A.
	410	7.33%, 02/01/2037		439
		Taqa Abu Dhabi National Energy
	500	5.62%, 10/25/2012 (I)		499
				938
		Total corporate bonds: investment grade (cost $11,600)	$	11,736
CORPORATE BONDS: NON-INVESTMENT GRADE — 40.5%
		Basic Materials — 4.7%
		Abitibi-Consolidated, Inc.
$	100	9.19%, 06/15/2011 (L)#	$	82
		Berry Plastics Holding Co.
	250	9.57%, 09/15/2014 (L)		251
		Citigroup (JSC Severstal)
	410	9.25%, 04/19/2014 (K)#		447
		Cooper Standard Automotive
	250	7.00%, 12/15/2012		227
		Corporacion Durango
	500	10.50%, 10/05/2017 (I)		482
		Basic Materials — (continued)
Principal			Market
Amount			Value (W)
		Evraz Group S.A.
	400	8.25%, 11/10/2015 (K)		408
		Huntsman International LLC
	250	7.88%, 11/15/2014		269
		Lupatech Finance Ltd.
	500	9.88%, 11/30/2049 (I)#		499
		MacDermid, Inc.
	350	9.50%, 04/15/2017 (I)#		334
		RBS Global & Rexnord Corp.
	150	11.75%, 08/01/2016 #		159
		Steel Dynamics, Inc.
	200	7.38%, 11/01/2012 (I)		200
		Verso Paper Holdings LLC
	100	11.38%, 08/01/2016		106
		Vitro S.A.
	500	9.13%, 02/01/2017		494
				3,958
		Capital Goods — 0.2%
		Bausch & Lomb, Inc.
	195	9.88%, 11/01/2015 (I)		201
		Consumer Cyclical — 5.4%
		American Axle & Manufacturing Holdings, Inc.
	250	7.88%, 03/01/2017		244
		Aramark Corp.
	500	8.86%, 02/01/2015 (L)#		502
		AutoNation, Inc.
	500	7.24%, 04/15/2013 (L)		489
		Builders FirstSource, Inc.
	700	9.81%, 02/15/2012 (L)#		658
		China Properties Group Ltd.
	200	9.13%, 05/04/2014 (I)#		180
		Ford Capital B.V.
	100	9.50%, 06/01/2010		101
		General Motors Corp.
	100	7.13%, 07/15/2013		93
		Grupo Gigante S.A.
	200	8.75%, 04/13/2016 (K)		208
		Levi Strauss & Co.
	200	9.75%, 01/15/2015 #		209
		Michaels Stores, Inc.
	150	11.38%, 11/01/2016		149
		Neiman Marcus Group, Inc.
	250	10.38%, 10/15/2015		272
		Parkson Retail Group Ltd.
	400	7.88%, 11/14/2011		406
		Tenneco, Inc.
	435	8.63%, 11/15/2014 #		443
		TRW Automotive, Inc.
	200	7.25%, 03/15/2017 (I)#		195
		Urbi Desarrollos Urbanos
	390	8.50%, 04/19/2016 (K)		402
				4,551

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

­ ­  237  ­ ­

The Hartford Strategic Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Consumer Staples — 0.5%
		MHP S.A.
$	300	10.25%, 11/30/2011 (K)		308
		OJSC Myronivsky Hliboproduct
	100	10.25%, 11/30/2011 (I)#		102
				410
		Energy — 1.5%
		Encore Acquisition Co.
	200	7.25%, 12/01/2017		192
		Hilcorp Energy I L.P./Finance Co.
	400	7.75%, 11/01/2015 (I)		394
		MEI Euro Finance Ltd.
	500	8.75%, 05/22/2010 (K)#		506
		Salomon Bros.
	200	10.75%, 01/15/2009 (K)		210
				1,302
		Finance — 7.4%
		Alfa Bank
	200	8.20%, 06/25/2012 (I)#		191
		American Real Estate Partners L.P.
	400	7.13%, 02/15/2013		390
		Banco BMG S.A.
	400	9.15%, 01/15/2016 (K)		421
		Drummond Co., Inc.
	315	7.38%, 02/15/2016 (H)		296
		Ege Haina Finance Co.
	400	9.50%, 04/26/2017 (I)		394
		Ford Motor Credit Co.
	150	7.99%, 01/13/2012 (L)		139
		General Motors Acceptance Corp.
	260	6.88%, 09/15/2011		240
		Hertz Corp.
	270	10.50%, 01/01/2016 #		290
		Hub International Holdings, Inc.
	65	10.25%, 06/15/2015 (I)#		60
		Itabo Finance S.A.
	300	10.88%, 10/05/2013 (I)#		309
		LPL Holdings, Inc.
	580	10.75%, 12/15/2015 (H)		603
		Pinnacle Foods Finance LLC
	400	10.63%, 04/01/2017 (I)#		373
		RBS-Zero Hora Editora Journalistica
BRL	700	11.25%, 06/15/2017 (K)		368
		Realogy Corp.
	200	10.50%, 04/15/2014 (I)#		166
		Rental Service Corp.
	500	9.50%, 12/01/2014 #		481
		Residential Capital Corp.
	460	7.38%, 06/30/2010 #		339
		Russian Standard Bank
	200	8.63%, 05/05/2011 (K)#		188
		Sibacademfinance plc
	400	9.00%, 05/12/2009 (K)#		386
		Standard Bank plc
	200	8.75%, 02/09/2016 (H)		186
		Finance — (continued)
Principal			Market
Amount (B)			Value (W)
		UK SPV Credit Finance plc
	200	8.00%, 02/06/2012 (K)	$	186
		United Rentals North America, Inc.
	100	7.00%, 02/15/2014		106
		Yankee Acquisition Corp
	150	9.75%, 02/15/2017		139
				6,251
		Foreign Governments — 2.8%
		Argentina (Republic of)
	650	7.00%, 10/03/2015 #		554
		Brazil (Republic of)
BRL	1,200	10.00%, 01/01/2017		627
		Sri Lanka (Republic of)
	400	8.25%, 10/24/2012 (I)		400
		Venezuela (Republic of)
	680	5.75%, 02/26/2016 #		585
		Venezuela (Republic of)
	190	7.00%, 12/01/2018 (K)#		174
				2,340
		Health Care — 1.6%
		Community Health Systems, Inc.
	300	8.88%, 07/15/2015 (I)		304
		HCA, Inc.
	200	9.25%, 11/15/2016 #		210
		IASIS Healthcare Capital Corp.
	290	8.75%, 06/15/2014 #		293
		Invacare Corp.
	100	9.75%, 02/15/2015 #		102
		Rite Aid Corp.
	250	7.50%, 03/01/2017		232
	200	9.50%, 06/15/2017 (I)#		185
				1,326
		Services — 6.6%
		Affinion Group, Inc.
	100	11.50%, 10/15/2015 #		104
		Allied Waste North America, Inc.
	500	7.13%, 05/15/2016		505
		AMC Entertainment, Inc.
	200	11.00%, 02/01/2016 #		216
		Dex Media West LLC, Inc.
	400	9.88%, 08/15/2013 #		426
		Dow Jones CDX HY
	1,975	7.63%, 06/29/2012 (I)#		1,916
		Echostar DBS Corp.
	150	6.38%, 10/01/2011		152
	150	6.63%, 10/01/2014		153
		Harland Clarke Holdings
	250	9.50%, 05/15/2015 #		228
		Idearc, Inc.
	200	8.00%, 11/15/2016 #		200
		MGM Mirage, Inc.
	200	7.50%, 06/01/2016 #		199
		Quebecor Media
	100	7.75%, 03/15/2016 (I)		97

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

­ ­  238  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Services — (continued)
		Quebecor World, Inc.
$	200	9.75%, 01/15/2015 (I)#	$	195
		Reader’s Digest Association, Inc.
	100	9.00%, 02/15/2017 (I)#		89
		Sirius Satellite Radio, Inc.
	200	9.63%, 08/01/2013 #		199
		SunGard Data Systems, Inc.
	200	10.25%, 08/15/2015 #		208
		TL Acquisitions, Inc.
	370	10.50%, 01/15/2015 (I)#		368
		West Corp.
	250	9.50%, 10/15/2014		257
		Wynn Las Vegas LLC
	130	6.62%, 12/01/2014		128
				5,640
		Technology — 6.2%
		Advanced Micro Devices, Inc.
	250	7.75%, 11/01/2012 #		231
		American Tower Corp.
	30	7.00%, 10/15/2017 (I)		31
		Bio-Rad Laboratories, Inc.
	300	7.50%, 08/15/2013		306
		Canwest MediaWorks L.P.
	285	9.25%, 08/01/2015 (I)		289
		CCH I Holdings LLC
	300	10.00%, 05/15/2014 #		244
		Freescale Semiconductor, Inc.
	100	9.13%, 12/15/2014		91
	95	9.57%, 12/15/2014 (L)		87
	100	10.13%, 12/15/2016		91
		GC Impsat Holdings
	200	9.88%, 02/15/2017 (I)#		195
		Intelsat Bermuda Ltd.
	250	8.89%, 01/15/2015 (L)#		254
	400	11.25%, 06/15/2016 #		430
		Leap Wireless International, Inc.
	145	9.38%, 11/01/2014		144
		Level 3 Financing, Inc.
	600	9.25%, 11/01/2014 #		566
		MagnaChip Semiconductor
	100	6.88%, 12/15/2011 #		86
		Maxcom Telecomunicaciones
	150	11.00%, 12/15/2014 (I)#		161
		MetroPCS Wireless, Inc.
	250	9.25%, 11/01/2014 (I)		248
		Momentive Performance
	260	9.75%, 12/01/2014 (I)		253
		Nortel Networks Ltd.
	200	10.75%, 07/15/2016 (I)#		208
		Qwest Communications International, Inc.
	300	7.50%, 02/15/2014 #		304
		Sanmina-Sci Corp.
	200	8.44%, 06/15/2014 (I)(L)		194
		Spansion LLC
	200	8.75%, 06/01/2013 (I)(L)#		190
		Technology — (continued)
		Vimpel Communications
	400	8.25%, 05/23/2016 (I)#		414
		Windstream Corp.
	200	8.63%, 08/01/2016		214
				5,231
		Transportation — 1.1%
		Bristow Group, Inc.
	105	7.50%, 09/15/2017 (I)		108
		Continental Airlines, Inc.
	517	7.03%, 06/15/2011		501
		Grupo Senda Autotransporte
	300	10.50%, 10/03/2015 (I)		302
				911
		Utilities — 2.5%
		AES Corp.
	325	8.00%, 10/15/2017 (I)		328
		Energipe Y Saelpa
	300	10.50%, 07/19/2013 (I)#		330
		Energy Future Holdings
	250	10.88%, 11/01/2017 (I)		253
		Majapahit Holdings, Inc.
	400	7.25%, 06/28/2017 (I)#		397
		Mirant JPSCO Finance Ltd.
	100	11.00%, 07/06/2016 (H)		108
		Rede Empresas De Energia
	500	11.13%, 04/02/2049 (I)#		500
		Texas Competitive Electric Co.
	250	10.25%, 11/01/2015 (I)		251
				2,167
		Total corporate bonds: non-investment grade (cost $34,492)	$	34,288
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 14.5%
		Basic Materials — 1.0%
		Arizona Chemical Co.
$	250	11.01%, 02/27/2014 (N)	$	224
		John Maneely Co.
	698	8.50%, 12/08/2013 (N)		643
				867
		Capital Goods — 1.2%
		Macandrews Amg Holdings LLC
	500	11.26%, 04/17/2012 (N)		480
		Scitor Acquisition Corp.
	500	9.11%, 09/25/2014 (N)		497
				977
		Consumer Cyclical — 0.9%
		Ford Motor Co.
	746	8.70%, 12/15/2013 (N)		716
		Finance — 2.8%
		BNY Convergex Group LLC & EZE Castle Software
	500	8.20%, 08/30/2013 (N)(Q)		494

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

­ ­  239  ­ ­

The Hartford Strategic Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Finance — (continued)
		Chrysler Financial Services NA
$	500	9.36%, 08/03/2012 (N)	$	499
	250	11.86%, 08/03/2013 (N)		245
		Crescent Resources LLC
	750	8.05%, 09/07/2012 (N)		694
		Realogy Corp.
	393	8.24%, 10/05/2014 (N)		365
	106	8.35%, 10/05/2013 (AA)		99
				2,396
		Health Care — 0.3%
		Inverness Medical Innovation, Inc.
	250	9.45%, 06/26/2015 (N)		250
		Services — 4.3%
		Centaur LLC, Delayed Draw Term Loan
	95	8.89%, 10/30/2012 (AA)(Q)		93
		Centaur LLC, Term Loan B
	405	8.89%, 10/30/2012 (AA)(Q)		401
		Emdeon Business Services LLC
	500	10.20%, 05/16/2014 (N)		495
		Energy Solutions LLC
	500	9.88%, 12/26/2013 (N)		499
		Golden Nugget, Inc.
	250	8.30%, 12/31/2014 (N)		234
		New World Gaming Partners Ltd.
	500	10.39%, 01/16/2015 (AA)(Q)		465
		Philosophy, Inc.
	250	6.98%, 03/15/2014 (N)(Q)		220
		Sirius Satellite Radio, Inc.
	500	7.25%, 09/01/2012 (N)		481
		Telesat Canada, Delayed Draw Term Loan
	39	7.89%, 09/01/2014 (AA)(Q)		39
		Telesat Canada, Term Loan B
	461	7.89%, 09/01/2014 (AA)(Q)		457
		WideOpenWest Finance LLC
	250	11.45%, 07/01/2015 (N)		233
				3,617
		Technology — 1.7%
		Infor Global Solutions, Delayed Draw Term Loan
	343	8.95%, 07/28/2012 (AA)(Q)		333
		Infor Global Solutions, Term Loan
	657	8.95%, 07/28/2012 (AA)(Q)		634
		One Communications Corp.
	500	9.25%, 06/30/2012 (N)(Q)		495
				1,462
		Utilities — 2.3%
		Astoria Generating Co. Acquisitions LLC
	500	8.96%, 08/23/2013 (N)		494
		Texas Competitive Electric Co.
	500	8.39%, 10/31/2014 (AA)(Q)		500
		Texas Competitive Electric Holdings Co. LLC
	500	8.39%, 10/24/2014 (AA)(Q)		500
		Utilities — (continued)
		TPF Generation Holdings LLC
	500	9.45%, 12/21/2014 (N)		476
				1,970
		Total senior floating rate interests:
		non-investment grade (cost $12,460)	$	12,255
U.S. GOVERNMENT AGENCIES — 12.2%
		Federal Home Loan Mortgage Corporation — 2.4%
		Mortgage Backed Securities:
$	2,000	6.00%, 2037	$	1,996
		Federal National Mortgage Association — 9.8%
		Mortgage Backed Securities:
	697	5.50%, 2037 #		687
	1,000	6.00%, 2037 #		1,000
	2,000	6.00%, 2037 (Q)#		2,002
	4,549	6.50%, 2037 #		4,656
				8,345
		Total U.S. government agencies (cost $10,288)	$	10,341
U.S. GOVERNMENT SECURITIES — 0.2%
		U.S. Treasury Securities — 0.2%
		U.S. Treasury Notes:
$	185	4.75%, 2017	$	189
		Total U.S. government securities (cost $190)	$	189
		Total long-term investments (cost $81,848)	$	81,652
SHORT-TERM INVESTMENTS — 10.7%
		Consumer Staples — 0.6%
		Cargill, Inc.
$	493	4.80%, 11/01/2007	$	493
Shares
		Finance — 0.0%
	—	State Street Bank Money Market Fund		—
Principal
Amount
		Repurchase Agreements — 9.8%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,781, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $2,826)
$	2,780	4.52% dated 10/31/2007		2,780
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,770, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $2,817)
	2,769	4.50% dated 10/31/2007		2,769

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

­ ­  240  ­ ­

Principal						Market
Amount						Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,781, collateralized by U.S. Treasury Note 9.25%, 2016, value of $2,814)
$	2,781	4.48% dated 10/31/2007				$	2,781
			��				8,330
		U.S. Treasury Bills — 0.3%
	250	3.87%, 12/13/2007 (M)(S)					249
		Total short-term investments (cost $9,072)				$	9,072
		Total investments (cost $90,920) (C)		107.1	%	$	90,724
		Other assets and liabilities		(7.1	)%		(6,013	)
		Total net assets		100.0	%	$	84,711

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 23.94% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $90,942 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	946
Unrealized Depreciation		(1,164	)
Net Unrealized Depreciation	$	(218	)

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $18,011, which represents 21.26% of total net assets.
(K)	Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At October 31, 2007, the market value of these securities amounted to $4,732 or 5.59% of net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(N)	The interest rate disclosed for these securities represents the average coupon as of October 31, 2007.
(T)	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $5,662.
(V)	Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank’s certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at October 31, 2007.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

AUD	— Australian Dollar
BRL	— Brazilian Real
ISK	— Iceland Krona
NZD	— New Zealand Dollar
TRY	— Turkish New Lira

(H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
08/2007		1,295	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A	$	179
05/2007		4,976	CBA Commercial Small Balance Commercial Mortgage, 7.25%, 07/25/2039 - 144A		458
07/2007		94	Credit-Based Asset Servicing and Securitization LLC, 5.14%, 05/25/2036 - 144A		92
06/2007 – 09/2007		315	Drummond Co., Inc., 7.38%, 02/15/2016 - 144A		301
05/2007		300	Greenwich Capital Commercial Funding Corp., 6.32%, 11/05/2021 - 144A		291
05/2007		325	Greenwich Capital Commercial Funding Corp., 6.53%, 11/05/2021 - 144A		314
09/2007 – 10/2007		580	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		584
05/2007		100	Mirant JPSCO Finance Ltd., 11.00%, 07/06/2016 - 144A		110
08/2007		100	Renaissance Home Equity Loan Trust, Class M5, 7.00%, 09/25/2037		75
08/2007		125	Renaissance Home Equity Loan Trust, Class M8, 7.00%, 09/25/2037		69
05/2007		100	Sagicor Financial Ltd., 7.50%, 05/12/2016 - 144A		102
05/2007		200	Standard Bank plc, 8.75%, 02/09/2016		201

The aggregate value of these securities at October 31, 2007 was $2,804 which represents 3.31% of total net assets.

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

­ ­  241  ­ ­

The Hartford Strategic Income Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.
	Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		32		Long		Dec, 2007	$	11
5 Year U.S. Treasury Note		239		Long		Dec, 2007		53
10 Year U.S. Treasury Bond		6		Short		Dec, 2007		(6	)
							$	58

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Argentine Peso (Buy)	$	88	$	86		11/15/07	$	2
Argentine Peso (Sell)		88		87		11/15/07		(1	)
Brazilian Real (Buy)		650		642		11/01/07		8
Brazilian Real (Buy)		97		86		02/29/08		11
Brazilian Real (Sell)		97		93		02/29/08		(4	)
Chilean Peso (Buy)		141		140		04/16/08		1
Chilean Peso (Sell)		141		138		04/16/08		(3	)
Colombian Peso (Buy)		112		110		03/27/08		2
Colombian Peso (Sell)		112		110		03/27/08		(2	)
Egyptian Pound (Buy)		89		86		11/15/07		3
Egyptian Pound (Sell)		89		87		11/15/07		(2	)
Egyptian Pound (Buy)		112		110		03/27/08		2
Egyptian Pound (Sell)		112		111		03/27/08		(1	)
Indian Rupee (Buy)		90		86		11/15/07		4
Indian Rupee (Sell)		90		90		11/15/07		—
Mexican Peso (Sell)		137		135		04/16/08		(2	)
Polish zloty (Buy)		117		110		11/15/07		7
Polish zloty (Sell)		117		110		11/15/07		(7	)
South African Rand (Buy)		97		86		11/15/07		11
South African Rand (Sell)		97		92		11/15/07		(5	)
Thai Baht (Buy)		83		86		11/15/07		(3	)
Thai Baht (Sell)		83		84		11/15/07		1
Turkish New Lira (Sell)		317		282		11/29/07		(35	)
							$	(13	)
��

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Credit Default Swap Agreements Outstanding at October 31, 2007

Unrealized

Reference

Buy/Sell

Pay/Receive

Expiration

Notional

Appreciation/

CounterParty

Entity

Protection

Fixed Rate

Date

Amount

(Depreciation)

Lehman Brothers Special Financing, Inc.

Lehman ABX Index

Sell

0.32

%

07/25/45

$

100

$

2

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

­ ­  242  ­ ­

The Hartford Target Retirement 2010 Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.4%
EQUITY FUNDS — 47.0%
	26	The Hartford Capital Appreciation Fund, Class Y			$	1,267
	15	The Hartford Global Growth Fund, Class Y				381
	4	The Hartford Growth Opportunities Fund, Class Y				177
	19	The Hartford International Opportunities Fund, Class Y				420
	22	The Hartford International Small Company Fund, Class Y				409
	26	The Hartford Select MidCap Value Fund, Class Y				315
	19	The Hartford Select SmallCap Value Fund, Class Y				219
	77	The Hartford Value Fund, Class Y				1,090
	9	The Hartford Value Opportunities Fund, Class Y				159
		Total equity funds (cost $3,897)			$	4,437
FIXED INCOME FUNDS — 52.4%
	50	The Hartford Floating Rate Fund, Class Y			$	489
	172	The Hartford Income Fund, Class Y				1,743
	69	The Hartford Inflation Plus Fund, Class Y				734
	133	The Hartford Short Duration Fund, Class Y				1,302
	28	The Hartford Strategic Income Fund, Class Y				272
	38	The Hartford Total Return Bond Fund, Class Y				405
		Total fixed income funds (cost $4,979)			$	4,945
		Total investments in affiliated investment companies (cost $8,876) (C)	99.4	%	$	9,382
		Other assets and liabilities	0.6	%		58
		Total net assets	100.0	%	$	9,440

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $8,879 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	562
Unrealized Depreciation		(59	)
Net Unrealized Appreciation	$	503

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  243  ­ ­

The Hartford Target Retirement 2020 Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.7%
EQUITY FUNDS — 64.5%
	60	The Hartford Capital Appreciation Fund, Class Y			$	2,953
	59	The Hartford Disciplined Equity Fund, Class Y				908
	38	The Hartford Equity Income Fund, Class Y				584
	27	The Hartford Global Growth Fund, Class Y				715
	14	The Hartford Growth Opportunities Fund, Class Y				565
	47	The Hartford International Opportunities Fund, Class Y				1,064
	62	The Hartford International Small Company Fund, Class Y				1,131
	62	The Hartford Select MidCap Value Fund, Class Y				758
	75	The Hartford Select SmallCap Value Fund, Class Y				886
	8	The Hartford Small Company Fund, Class Y				212
	15	The Hartford Stock Fund, Class Y				385
	205	The Hartford Value Fund, Class Y				2,886
		Total equity funds (cost $11,761)			$	13,047
FIXED INCOME FUNDS — 35.2%
	86	The Hartford Floating Rate Fund, Class Y			$	839
	262	The Hartford Income Fund, Class Y				2,648
	121	The Hartford Inflation Plus Fund, Class Y				1,289
	117	The Hartford Short Duration Fund, Class Y				1,148
	33	The Hartford Strategic Income Fund, Class Y				326
	83	The Hartford Total Return Bond Fund, Class Y				882
		Total fixed income funds (cost $7,180)			$	7,132
		Total investments in affiliated investment companies (cost $18,941) (C)	99.7	%	$	20,179
		Other assets and liabilities	0.3	%		60
		Total net assets	100.0	%	$	20,239

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $18,944 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,388
Unrealized Depreciation		(153	)
Net Unrealized Appreciation	$	1,235

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  244  ­ ­

The Hartford Target Retirement 2030 Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

					Market
Shares					Value (W)
AFFILIATED INVESTMENT COMPANIES — 99.0%
EQUITY FUNDS — 77.7%
	71	The Hartford Capital Appreciation Fund, Class Y			$	3,512
	35	The Hartford Disciplined Equity Fund, Class Y				539
	48	The Hartford Equity Income Fund, Class Y				737
	28	The Hartford Global Growth Fund, Class Y				746
	13	The Hartford Growth Opportunities Fund, Class Y				496
	49	The Hartford International Opportunities Fund, Class Y				1,098
	59	The Hartford International Small Company Fund, Class Y				1,081
	57	The Hartford Select MidCap Value Fund, Class Y				696
	83	The Hartford Select SmallCap Value Fund, Class Y				980
	15	The Hartford Small Company Fund, Class Y				396
	17	The Hartford Stock Fund, Class Y				435
	170	The Hartford Value Fund, Class Y				2,400
		Total equity funds (cost $11,691)			$	13,116
FIXED INCOME FUNDS — 21.3%
	58	The Hartford Income Fund, Class Y			$	587
	82	The Hartford Inflation Plus Fund, Class Y				872
	58	The Hartford Short Duration Fund, Class Y				565
	149	The Hartford Total Return Bond Fund, Class Y				1,581
		Total fixed income funds (cost $3,592)			$	3,605
		Total investments in affiliated investment companies (cost $15,283) (C)	99.0	%	$	16,721
		Other assets and liabilities	1.0	%		166
		Total net assets	100.0	%	$	16,887

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $15,285 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,486
Unrealized Depreciation		(50	)
Net Unrealized Appreciation	$	1,436

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  245  ­ ­

The Hartford Tax-Free California Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 97.8%
		Airport Revenues — 2.3%
		San Jose, CA, Airport Rev AMT
$	1,000	5.00%, 03/01/2037	$	1,007
		General Obligations — 2.8%
		California Statewide GO
	870	4.75%, 09/01/2028		867
		Grant, CA, Joint USD GO
	400	4.38%, 08/01/2031		381
				1,248
		Health Care/Services — 9.1%
		California ABAG FA for Nonprofit Corps, San Diego Hospital Assoc
	200	5.38%, 03/01/2021		205
		California Health Fac FA, Catholic Healthcare West
	250	5.25%, 07/01/2023		256
		California Public Works Board, Dept of Mental Health Patton
	200	5.38%, 04/01/2028		207
		California Statewide Community DA, Front Porch Communities & Services
	500	5.13%, 04/01/2037 (I)		479
		California Statewide Community DA, Health Services Rev
	250	6.00%, 10/01/2023		269
		California Statewide Community DA, Var-Kaiser-C
	160	5.25%, 08/01/2031		164
		Rancho Mirage, CA, Joint Powers FA Rev Eisenhower Medical Center
	500	5.00%, 07/01/2038		495
		Sierra View, CA, Local Health Care Dist
	1,000	5.25%, 07/01/2032		1,012
		Turlock, CA, Health Fac Rev, Emanuel Medical Center
	500	5.13%, 10/15/2037		482
		Washington Township, CA, Health Care Dist Rev
	500	5.00%, 07/01/2037		500
				4,069
		Higher Education (Univ., Dorms, etc.) — 16.2%
		California Educational Fac Auth, Dominican University
	300	5.00%, 12/01/2025		297
		California Educational Fac Auth, Golden Gate University
	455	5.00%, 10/01/2025		455
		California Educational Fac Auth, Huntington Park Rev
	600	5.15%, 07/01/2030		569
		California Educational Fac Auth, La Verne University
	180	5.00%, 06/01/2031		174
		California Educational Fac Auth, Pitzer College
	630	5.00%, 04/01/2030		639
		Higher Education (Univ., Dorms, etc.) — (continued)
		California Educational Fac Auth, University of the Pacific
	750	5.00%, 11/01/2036		758
		California Educational Fac Auth, Woodbury University
	200	5.00%, 01/01/2025		198
		California Municipal FA, University Students Coop Assoc
	250	4.75%, 04/01/2027		237
		California State University Systemwide Rev
	1,000	5.00%, 11/01/2028		1,042
		California Statewide Community DA, California Baptist University
	1,000	5.50%, 11/01/2038		989
		California Statewide Community DA, Drew School
	750	5.30%, 10/01/2037		717
		California Statewide Community DA, John F Kennedy University Rev
	250	6.75%, 10/01/2033		266
		California Statewide Community DA, Thomas Jefferson School of Law
	175	4.88%, 10/01/2035		158
		California Statewide Community DA, Windrush School
	250	5.50%, 07/01/2037		249
		Chabot-Las Positas, CA, Community College Dist
	1,895	5.05%, 08/01/2033 (M)		515
				7,263
		Housing (HFA’s, etc.) — 2.3%
		California Housing Fin Agency, Home Mortgage Rev AMT
	600	4.80%, 08/01/2037		567
		Monterey County, CA, Certificate of Participation
	500	4.50%, 08/01/2037		473
				1,040
		Industrial — 3.5%
		California State Enterprise Auth, Sewer FA Rev AMT
	500	5.30%, 09/01/2047		489
		California Statewide Community DA Rev AMT
	300	4.80%, 09/01/2046		269
		Chula Vista, CA, IDR Daily San Diego Gas
	300	5.30%, 07/01/2021		316
		Virgin Islands Public FA Rev AMT
	250	4.70%, 07/01/2022		238
		Virgin Islands Public FA, Revhovenska Refinery
	250	6.13%, 07/01/2022		263
				1,575
		Miscellaneous — 10.3%
		Golden State Tobacco Securitization Agency
	3,750	5.75%, 06/01/2047		3,604

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

­ ­  246  ­ ­

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — (continued)
		Miscellaneous — (continued)
		Kern County, CA, Tobacco Securitization Agency
$	1,000	6.00%, 06/01/2029	$	1,017
				4,621
		Pollution Control — 1.7%
		Big Bear Municipal Water Dist, Ref Lake Improvements
	250	5.00%, 11/01/2024		253
		Sacramento, CA, Pollution Control FA AMT
	500	4.75%, 12/01/2023		498
				751
		Prerefunded — 5.2%
		Beaumont, CA, FA Local Agency Rev Ser A
	50	7.25%, 09/01/2020		56
		California Infrastructure & Econ Development, Bay Area Toll Bridges
	500	5.00%, 07/01/2022		548
		California State Water Dept, Res Power Supply Rev
	250	5.88%, 05/01/2016		277
		Capistrano, CA, USD Community Fac Dist Special Tax Talega
	100	5.88%, 09/01/2022		112
		Contra Costa County, CA, Public FA Tax Allocation
	330	5.63%, 08/01/2033		365
		Oakland, CA, Redev Agency Tax Allocation, Colliseum Area Redev
	250	5.25%, 09/01/2033		271
		Santa Margarita, CA, Water Dist Special Tax Community Fac Dist
	200	6.00%, 09/01/2030		225
		Solano, CA, MBIA Certificate of Participation
	425	5.25%, 11/01/2021		460
				2,314
		Public Facilities — 0.7%
		California Public Works Board, Dept of Health Services Richmond Lab
	300	5.00%, 11/01/2030		309
		Special Tax Assessment — 24.0%
		Azusa, CA, Special Tax Community Fac Dist Mountain Cove
	100	5.75%, 09/01/2021		102
		Beaumont, CA, FA Improvement Area #8
	250	5.05%, 09/01/2037		228
		California ABAG FA for Nonprofit Corps, Windemere Ranch
	300	5.00%, 09/02/2034		277
		Chino, CA, Community Fac Dist Special Tax #2
	225	5.00%, 09/01/2036		204
		Chino, CA, Community Fac Dist Special Tax B
	500	5.00%, 09/01/2036		435
		Elk Grove, CA, Special Tax
	750	5.25%, 09/01/2037		707
		Special Tax Assessment — (continued)
		Escondido, CA, Community Fac Dist Special Tax
	250	5.15%, 09/01/2036		235
		Folsom, CA, Public FA Special Tax Rev
	250	5.20%, 09/01/2032		236
		Hemet, CA, USD Community Fac Dist Special Tax #2005-1
	250	5.13%, 09/01/2036		230
		Hemet, CA, USD Community Fac Dist Special Tax #2005-3
	500	5.75%, 09/01/2039		500
		Imperial, CA, Special Tax Community Fac
	325	5.00%, 09/01/2026		303
		Indio, CA, Community Fac Dist Special Tax
	300	5.05%, 09/01/2026		283
		Indio, CA, Public FA Rev Local Agency
	135	5.00%, 09/02/2014		137
		Indio, CA, Public Improvement Act Special Assessment #2002-3 GO
	57	6.35%, 09/02/2027		58
		Irvine, CA, Community Fac Dist #2005-2
	225	5.20%, 09/01/2026		219
		Irvine, CA, Improvement Bond Act 1915
	300	5.00%, 09/02/2030		277
		Jurapa, CA, Community Services Dist Special Tax Dist #30
	500	5.60%, 09/01/2037		497
		Jurupa, CA, Community Services Dist Special Tax Dist #17
	250	5.20%, 09/01/2036		233
		Jurupa, CA, Community Services Dist Special Tax Dist #6
	100	5.88%, 09/01/2032		101
		Lake Elsinore, CA, Special Tax Community Fac Dist #2005-6
	150	5.00%, 09/01/2030		138
		Lake Elsinore, CA, Special Tax Community Fac Dist #2-A
	100	5.85%, 09/01/2024		103
		Lake Elsinore, CA, Special Tax Community Fac Dist#2005-1A
	200	5.35%, 09/01/2036		191
		Lake Elsinore, CA, Special Tax Community Fac Dist#3
	250	5.15%, 09/01/2025		245
		Lee Lake, CA, Water Dist Community Fac Dist #3 Special Tax Retreat
	150	5.75%, 09/01/2023		152
		Lincoln, CA, Public FA Special Tax Rev
	495	5.00%, 09/01/2034		450
		Manhattan Beach, CA, Improvement Board Special Tax
	295	5.00%, 09/02/2026		295
		Moreno Valley, CA, USD Community Fac Special Tax #2002-1
	110	5.60%, 09/01/2017		112

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

­ ­  247  ­ ­

The Hartford Tax-Free California Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
MUNICIPAL BONDS — (continued)
		Special Tax Assessment — (continued)
		Orange County, CA, Community Fac Dist Special Tax Ladera Ranch
$	100	5.20%, 08/15/2019			$	101
	200	5.40%, 08/15/2022				203
		Orange County, CA, Special Tax Assessment
	165	5.05%, 09/02/2033				159
		Perris, CA, Community Fac Dist Special Tax #2001-1
	300	5.00%, 09/01/2037				271
		Perris, CA, Public FA Local Agency Rev
	100	6.25%, 09/01/2033				104
		Poway, CA, USD Special Tax Dist #2001-1
	250	5.13%, 09/01/2026				237
		Roseville, CA, FA Special Tax Rev
	500	5.00%, 09/01/2033				464
		Roseville, CA, Special Tax Dist Westpark
	200	5.25%, 09/01/2025				196
		Sacramento, CA, North Natomas Community Fac
	250	5.00%, 09/01/2025				241
		Sun Ranch, CA, Municipal Water Dist
	200	5.00%, 09/01/2036				184
		Tustin, CA, Community Fac Special Tax B
	500	6.00%, 09/01/2036				513
		Tustin, CA, USD Community Fac Dist Special Tax #97 Jr Lien
	250	5.60%, 09/01/2029				248
		Val Verde, CA, USD FA Special Tax Rev Jr Lien
	200	6.00%, 10/01/2021				203
		Westside, CA, USD Special Tax #2005-2
	300	5.00%, 09/01/2036				269
		William S Hart USD Special Tax
	300	5.25%, 09/01/2026				288
	125	5.85%, 09/01/2022				129
						10,758
		Tax Allocation — 10.4%
		Burbank, CA, FA Rev South San Fernando Redev Proj
	350	5.50%, 12/01/2023				362
		Chico, CA, Redev Agency Tax Allocation
	650	5.00%, 04/01/2027				675
		Contra Costa County, CA, Public FA Tax Allocation
	70	5.63%, 08/01/2033				72
		Corona, CA, Redev Agency Tax Allocation
	300	4.50%, 11/01/2032				287
		Fontana, CA, Redev Agency Tax Allocation Ref, Jurupa Hills Redev Proj
	400	5.50%, 10/01/2027				408
		Huntington Park, CA, Public FA Rev Ref
	400	5.25%, 09/01/2019				436
		Oceanside, CA, Community Development Committee, Downtown Redev Proj
	300	5.70%, 09/01/2025				313
		Petaluma, CA, Community Development Tax Allocation
	500	4.50%, 05/01/2039				476
		Tax Allocation — (continued)
		Riverside County, CA, Public FA Tax Allocation Jurupa Desert & Interstate 215
	200	4.50%, 10/01/2037				191
		Sacramento, CA, FA Lease Rev MBIA AMT
	350	5.46%, 07/15/2027 (L)				342
		San Diego, CA, Redev Agency Centre City Sub Pkg
	200	5.25%, 09/01/2026				202
		San Diego, CA, Redev Agency Tax Allocation, North Bay Redev Proj
	150	5.60%, 09/01/2017				155
		San Diego, CA, Redev Agency Tax Allocation, North Park Redev Proj
	175	5.30%, 09/01/2016				180
		Temecula, CA, Redev Agency Tax Allocation Rev
	250	5.63%, 12/15/2038				247
		Virgin Islands Public FA Rev
	300	4.25%, 10/01/2029				287
						4,633
		Transportation — 2.3%
		San Francisco, CA, Toll Bridge Rev
	1,000	5.00%, 04/01/2031				1,035
		Utilities — Gas — 2.3%
		Long Beach, CA, Bond FA Natural Gas Purchase Rev Ser A
	1,000	5.50%, 11/15/2037				1,027
		Utilities — Water and Sewer — 4.7%
		Atwater, CA, Public FA Sewer & Water Proj
	500	5.50%, 05/01/2028				508
		California Metropolitan Water Dist, Southern CA Waterworks Rev
	1,000	4.38%, 07/01/2037				956
		Lathrop, CA, FA Rev Water Supply Proj
	250	6.00%, 06/01/2035				255
		Stockton, CA, Wastewater System Proj MBIA
	375	5.20%, 09/01/2029				386
						2,105
		Total municipal bonds (cost $44,057)			$	43,755
Shares
SHORT-TERM INVESTMENTS — 1.1%
		Finance — 1.1%
	500	Dreyfus Basic California Municipal Money Market Fund			$	500
		Total short-term investments (cost $500)			$	500
		Total investments (cost $44,557) (C)	98.9	%	$	44,255
		Other assets and liabilities	1.1	%		476
		Total net assets	100.0	%	$	44,731

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

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

­ ­  248  ­ ­

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $44,557 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	576
Unrealized Depreciation		(878	)
Net Unrealized Depreciation	$	(302	)

(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $479, which represents 1.07% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

AMT	— Alternative Minimum Tax
DA	— Development Authority
FA	— Finance Authority
GO	— General Obligations
IDR	— Industrial Development Revenue Bond
MBIA	— Municipal Bond Insurance Association
USD	— United School District

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

­ ­  249  ­ ­

The Hartford Tax-Free Minnesota Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 95.0%
		Airport Revenues — 2.9%
		Minneapolis & St Paul, MN, Airport Commission FGIC AMT
$	1,000	5.63%, 01/01/2018	$	1,043
		General Obligations — 11.8%
		Anoka-Hennepin, MN, ISD #11 GO Credit Enhancement Program
	1,000	5.00%, 02/01/2015 #		1,039
		Brainerd, MN, ISD #181 GO FGIC
	500	5.38%, 02/01/2016		536
		Minneapolis, MN, Parking Assessment GO
	250	5.00%, 12/01/2020		261
		Rosemount, MN, ISD #196 GO MBIA
	1,950	5.70%, 04/01/2015 (M)		1,443
		Todd, Morrison, Cass, & Wadena County, MN, Hospital Lakewood Health Care Fac
	725	5.25%, 12/01/2026		724
		Willmar, MN, Rice Memorial Hospital Proj FSA
	250	5.00%, 02/01/2025		259
				4,262
		Health Care/Services — 25.2%
		Bemidji, MN, Health Care Fac Ref, North Country Health Services
	500	5.00%, 09/01/2021 — 09/01/2024		511
		Chippewa County, MN, Gross Rev Montevideo Hospital Proj
	500	5.50%, 03/01/2037		474
		Duluth, MN, Econ DA Health Care Fac Rev, Benedictine Health System St Mary’s
	1,130	5.50%, 02/15/2023 #		1,179
		Hastings, MN, Housing Rev
	500	5.25%, 11/01/2031		474
		Inver Grove Heights, MN, Presbyterian Homes Care
	350	5.50%, 10/01/2033		336
		Minneapolis, MN, Health Care System AllinaHealth
	250	6.00%, 11/15/2018		278
		Minnesota Agriculture and Econ Development Healthcare Fac, Benedictine Health
	1,000	5.25%, 02/15/2014		1,043
		Northfield, MN, Hospital Rev
	330	5.38%, 11/01/2031		327
		Prior Lake, MN, Shepherds Path Sr Housing
	350	5.75%, 08/01/2041		344
		Rochester, MN, Health Care Fac Rev
	1,000	5.00%, 11/15/2036		1,020
		St Louis Park, MN, Roitenberg Family Assisted Proj
	300	5.55%, 08/15/2029		301
		St Paul, MN, Housing & Redev Auth, Hospital Rev
	335	6.00%, 11/15/2025		351
		Stillwater, MN, Health System Obligation Group
	750	5.00%, 06/01/2035		739
		Winona, MN, Health Care Fac Rev
	1,000	5.15%, 07/01/2031		969
		Woodbury, MN, Economic DA, Summerhouse Proj
	500	5.75%, 06/01/2041		492
		Health Care/Services — (continued)
		Worthington, MN, Housing Rev Ref, Meadows Worthington Proj
	300	5.38%, 05/01/2037		282
				9,120
		Higher Education (Univ., Dorms, etc.) — 13.2%
		Falcon Heights, MN, Lease Rev
	225	6.00%, 11/01/2037 (Q)		221
		Minneapolis, MN, Housing Rev
	400	5.00%, 10/01/2037		356
		Minnesota Higher Education FA, Augsburg College
	1,000	5.00%, 05/01/2020 — 05/01/2023		1,015
		Minnesota Higher Education FA, College of St Benedict
	350	5.25%, 03/01/2024		355
		Minnesota Higher Education FA, Minneapolis College of Art and Design
	300	5.00%, 05/01/2026		300
		Ramsey, MN, Lease Rev Pact Charter School Proj
	250	6.50%, 12/01/2022		258
		St Paul, MN, Housing & Redev Auth, Achieve Language Academy
	300	6.75%, 12/01/2022		306
		St Paul, MN, Housing & Redev Auth, Hmong Academy Proj
	260	6.00%, 09/01/2036 (H)		264
		St Paul, MN, Housing & Redev Auth, Hope Community Academy Proj
	450	6.25%, 12/01/2019		465
		St Paul, MN, Housing & Redev Auth, Lease Rev
	825	5.00%, 12/01/2036		744
		University Virgin Islands	��
	270	5.13%, 12/01/2022		273
	225	5.25%, 12/01/2023 — 12/01/2024		228
				4,785
		Housing (HFA’s, etc.) — 5.4%
		Golden Valley, MN, Calvary Center Apts Proj
	500	4.85%, 12/20/2041		475
		Minneapolis, MN, Multifamily Housing Rev AMT
	350	5.40%, 04/01/2028		338
		Minnesota Residential Housing Fin Agency
	750	5.00%, 01/01/2020		751
		Stillwater, MN, Multifamily Housing Rev AMT
	400	5.38%, 02/01/2032		379
				1,943
		Industrial — 2.2%
		Virgin Islands Public FA, Revhovenska Refinery
	750	6.13%, 07/01/2022		789
		Pollution Control — 1.4%
		Cohasset, MN, Pollution Control Rev Ref Coll Allete Inc Proj
	500	4.95%, 07/01/2022		502
		Prerefunded — 15.1%
		Becker, MN, ISD #726 GO FSA
	1,300	6.00%, 02/01/2017		1,369
		Golden Valley, MN, Breck School Proj Rev
	1,000	5.88%, 10/01/2019		1,045

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

­ ­  250  ­ ­

Principal					Market
Amount					Value (W)
MUNICIPAL BONDS — (continued)
		Prerefunded — (continued)
		Mounds View, MN, ISD #621 GO
$	785	5.25%, 02/01/2014			$	824
		University of Minnesota
	1,000	5.75%, 07/01/2018				1,155
		Waconia, MN, Health Care Fac Rev, Ridgeview Medical Center Proj
	1,000	6.10%, 01/01/2019				1,054
						5,447
		Public Facilities — 6.3%
		Minnesota Intermediate School Dist Lease Rev
	360	5.30%, 11/01/2032				350
		Puerto Rico Commonwealth Public Fin Corp Appropriation
	1,000	5.75%, 08/01/2027				1,061
		Renville County, MN, Housing & Redev Auth, Health & Human Services
	360	4.60%, 02/01/2027				348
		St Paul, MN, PA Lease Rev
	500	5.00%, 12/01/2019				518
						2,277
		Tax Allocation — 3.3%
		Minneapolis, MN, Tax Increment Grant Park Proj
	350	5.35%, 02/01/2030				331
		Minnesota Agricultural Society, State Fair Rev
	835	5.13%, 09/15/2023				863
						1,194
		Utilities — Electric — 5.1%
		Chaska, MN, Electric Rev Ref Generating Fac
	500	5.00%, 10/01/2030				511
		Minnesota Power Agency, Electric Rev
	500	5.25%, 10/01/2019				532
		Northern MN Municipal Power Agency, Electric System Rev FSA
	500	5.30%, 01/01/2021				511
		Princeton, MN, Public Utility System Rev
	300	5.00%, 04/01/2024				304
						1,858
		Utilities — Water and Sewer — 3.1%
		Puerto Rico Commonwealth Aqueduct & Sewer Auth Rev
	1,000	6.25%, 07/01/2013 #				1,112
		Total municipal bonds (cost $33,852)			$	34,332
Shares
SHORT-TERM INVESTMENTS — 4.2%
		Finance — 4.2%
	1,512	State Street Bank Tax Free Money Market			$	1,512
		Total short-term investments (cost $1,512)			$	1,512
		Total investments (cost $35,364) (C)	99.2	%	$	35,844
		Other assets and liabilities	0.8	%		297
		Total net assets	100.0	%	$	36,141

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $35,364 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	926
Unrealized Depreciation		(446	)
Net Unrealized Appreciation	$	480

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $223.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.

Period
Acquired	Shares/Par		Security	Cost Basis
09/2006		260	St Paul, MN, Housing & Redev Auth, Hmong Academy Proj, 6.00%, 09/01/2036	$	262

	The aggregate value of these securities at October 31, 2007 was $264 which represents 0.73% of total net assets.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

AMT	— Alternative Minimum Tax
DA	— Development Authority
FA	— Finance Authority
FGIC	— Financial Guaranty Insurance Company
FSA	— Financial Security Assurance
GO	— General Obligations
PA	— Port Authority

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

­ ­  251  ­ ­

The Hartford Tax-Free National Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 96.0%
		Alabama — 1.1%
		Huntsville, AL, GO
$	1,855	5.25%, 05/01/2022	$	1,980
		Alaska — 0.5%
		Alaska Housing Finance Corp, Home Mortgage AMT
	1,000	4.70%, 06/01/2027 #		955
		Arizona — 2.7%
		Arizona Sundance Community Fac Dist, Special Assess Rev #2
	395	7.13%, 07/01/2027 (H)		415
		Phoenix, AZ, GO
	1,800	6.25%, 07/01/2017		2,137
		Pima County, AZ, Charter Schools Proj
	1,100	5.75%, 07/01/2016 (H)		1,134
		Pima County, AZ, Noah Webster Basic School
	1,000	5.60%, 12/15/2019		1,022
		Vistancia, AZ, Community Fac Dist GO
	200	6.75%, 07/15/2022 (H)		213
				4,921
		California — 6.1%
		California Educational Fac Auth, University of the Pacific
	1,000	5.00%, 11/01/2036		1,011
		California State Public Works Board
	1,000	5.25%, 06/01/2030		1,032
		California Statewide Community DA, Var-Kaiser-C
	465	5.25%, 08/01/2031		475
		Capistrano, CA, USD Community Fac Dist Special Tax #90-2 Talega
	250	5.90%, 09/01/2020		280
		Indio, CA, Public FA Rev Local Agency
	625	5.63%, 09/02/2018		630
		Indio, CA, Public Improvement Act Special Assessment #2002-3 GO
	38	6.35%, 09/02/2027		39
		Jurupa, CA, Community Services Dist Special Tax Dist #6
	400	5.88%, 09/01/2032		405
		Lathrop, CA, FA Rev Water Supply Proj
	750	6.00%, 06/01/2035		765
		Moreno Valley, CA, USD Community Fac Dist Special Tax #2002-1
	500	6.00%, 09/01/2022		517
		Oceanside, CA, Community Development Committee, Downtown Redev Proj
	700	5.70%, 09/01/2025		730
		Palm Springs, CA, Community Redev Agency
	535	5.50%, 09/01/2023		558
		Perris, CA, Public FA Local Agency Rev
	495	6.25%, 09/01/2033		515
		Pomona, CA, Public FA Rev Sub-Merged Redev
	1,000	5.50%, 02/01/2023		1,091
		California — (continued)
		San Diego, CA, Redev Agency Centre City Sub Pkg
	500	5.25%, 09/01/2026	$	506
		San Jose, CA, Santa Clara County University
	1,800	4.91%, 08/01/2027 (M)		725
		San Manuel, CA, Entertainment Auth Public Improvement
	1,000	4.50%, 12/01/2016 (H)		979
		Val Verde, CA, USD FA Special Tax Rev Jr Lien
	800	6.00%, 10/01/2021		812
				11,070
		Colorado — 6.3%
		Antelope Heights Metro Dist GO
	1,125	5.00%, 12/01/2037		1,098
		Arapaho County, CO, Conservatory Metro Dist
	2,000	5.13%, 12/01/2037		2,012
		Bromley Park, CO, Metro Dist #2 GO
	2,000	5.13%, 12/01/2037		1,953
		Colorado Educational & Cultural Fac Auth, Charter School Banning Lewis
	1,000	6.13%, 12/15/2035 (H)		1,006
		Colorado Health Fac Auth, Adventist Health
	1,200	5.25%, 11/15/2035		1,222
		Denver, CO, Rendezvous Residential Metro Dist GO
	600	5.38%, 12/01/2021		575
		Fort Collins, CO, PCR Ref, Anheuser Busch Proj
	1,000	4.70%, 09/01/2040		928
		Pinery West, CO, Metro Dist #2 GO
	1,000	4.50%, 12/01/2032		896
		Reata, CO, North Metro Dist GO
	1,000	5.50%, 12/01/2032 (I)		949
		Sorrel Ranch, CO, Metro Dist Ltd Tax GO
	1,000	5.75%, 12/01/2036		921
				11,560
		Connecticut — 0.5%
		Mashantucket, CT, Western Pequot Tribe
	1,000	5.50%, 09/01/2036 (H)		996
		Florida — 10.9%
		Amelia Walk Community Development
	1,000	5.50%, 05/01/2037 #		874
		Bellalgo, FL, Education Fac Benefits Dist Capital
	925	5.85%, 05/01/2022		925
		Colonial Country Club Community Development Dist, Capital Improvement Rev
	480	6.40%, 05/01/2033		525
		Florida Dept of Environmental Protection Preservation, MBIA
	1,250	5.38%, 07/01/2015 #		1,349
		Florida Gateway Services Community Development Dist, Special Assessment Sun City Center Fort Meyers Proj
	195	5.50%, 05/01/2010		192
		Highland County, FL, Adventist Hospital
	3,000	5.25%, 11/15/2036		3,065

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

­ ­  252  ­ ­

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — (continued)
		Florida — (continued)
		Jacksonville, FL, Econ Development Community Health Care Facilities
$	5,000	6.25%, 09/01/2027 (H)	$	5,117
		Jacksonville, FL, Econ Development Rev AMT
	2,000	4.75%, 03/01/2047		1,770
		Lee County, FL, Industrial DA
	1,500	5.25%, 06/15/2027		1,409
		Lee Memorial Health System, Florida Hospital Rev
	2,000	5.00%, 04/01/2032		2,015
		Rolling Hills Community Development Dist
	100	5.45%, 05/01/2037		89
		Sweetwater Creek, FL, Community Development
	1,000	5.30%, 05/01/2017		900
		Tolomato, FL, Community Development Dist
	1,200	6.65%, 05/01/2040		1,205
		University Square Community Development
	500	5.88%, 05/01/2038		484
				19,919
		Georgia — 2.4%
		Fulton County, GA, School Dist GO
	1,105	5.38%, 01/01/2018		1,233
		Fulton County, GA, Water & Sewer Rev FGIC
	35	6.38%, 01/01/2014		38
		Fulton County, GA, Water & Sewer Rev FGIC (Partially Prerefunded with State and Local Gov’t Securities)
	1,765	6.38%, 01/01/2014		1,929
		Georgia Municipal Electric Auth, Power Rev
	945	6.50%, 01/01/2017		1,091
		Georgia Municipal Electric Auth, Power Rev (Prerefunded with US Gov’t Securities)
	40	6.50%, 01/01/2017		46
		Georgia Municipal Electric Auth, Power Rev 2005 Ser Y (Prerefunded with US Gov’t Securities)
	15	6.50%, 01/01/2017		18
				4,355
		Illinois — 7.3%
		Bolingbrook, IL, Sales Tax Rev
	445	6.42%, 01/01/2024 (M)		447
		Chicago, IL, Board of Education GO MBIA
	960	5.25%, 12/01/2019		1,019
		Chicago, IL, O’Hare International Airport Special Fac Rev, American Airlines Inc
	750	5.50%, 12/01/2030		701
		Chicago, IL, Proj & Ref Ser A
	1,500	4.75%, 01/01/2036		1,507
		Chicago, IL, Tax Increment Allocation Jr Lien Pilsen Redev B
	1,000	6.75%, 06/01/2022		1,059
		Hampshire, IL, Special Service Area #13
	1,800	5.75%, 03/01/2037		1,698
		Hampshire, IL, Special Service Area #16
	800	6.00%, 03/01/2046		781
		Illinois — (continued)
		Huntley, IL, Special Service Area #9
	1,500	5.10%, 03/01/2028		1,523
		Illinois Education FA, Augustana College Ser A
	500	5.70%, 10/01/2032		515
		Plano, IL, Lakewood Springs Proj Special Services Area
	500	6.10%, 03/01/2035		512
		Round Lake, IL, Special Tax Rev
	1,000	4.70%, 03/01/2033		961
	498	6.70%, 03/01/2033		565
		Wauconda, IL, Special Service Area #1 Liberty Lakes Proj
	1,000	6.63%, 03/01/2033		1,052
		Yorkville, IL, United City Special Service Area Tax Raintree Village Proj
	966	6.88%, 03/01/2033 (H)		1,010
				13,350
		Indiana — 2.7%
		East Chicago Industrial Solid Waste Disposal AMT
	700	5.50%, 09/01/2028		684
		Indiana Health, Clarian Health Obligation
	2,000	5.00%, 02/15/2039		1,959
		Indiana State FA Rev
	2,240	5.00%, 10/01/2033 (Q)		2,227
				4,870
		Iowa — 0.5%
		Iowa FA, Single Family Mortgage Rev AMT
	1,000	4.80%, 01/01/2037		949
		Kansas — 0.9%
		La Cygne, KS, Kansas City Power & Light
	260	4.65%, 09/01/2035		260
		Lawrence, KS, Lawrence Memorial Hospital
	500	5.13%, 07/01/2036		503
		Salina, KS, Salina Regional Health Hospital Rev
	1,000	4.63%, 10/01/2031		954
				1,717
		Kentucky — 0.1%
		Boone County, KY, Pollution Control Dayton Power & Light
	150	4.70%, 01/01/2028		151
		Louisiana — 1.9%
		Louisiana Public Fac Auth, Ochsner Clinic Foundation Proj
	500	5.50%, 05/15/2027		558
		Louisiana Public Fac Auth, Oschner Clinic Foundation Proj
	2,000	5.50%, 05/15/2047		2,022
		Louisiana Public Fac Auth, Susla Fac Inc
	1,000	5.75%, 07/01/2039 (I)		977
				3,557

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

­ ­  253  ­ ­

The Hartford Tax-Free National Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — (continued)
		Maryland — 0.6%
		Maryland Econ Development Corp, Student Housing Rev University of Maryland College Park Proj
$	1,000	6.50%, 06/01/2027	$	1,145
		Massachusetts — 0.6%
		Massachusetts, GO Consolidated Loan
	940	5.25%, 03/01/2021		1,003
		Massachusetts, GO Consolidated Loan FSA (Prerefunded with US Gov’t Securities)
	60	5.25%, 03/01/2021		64
				1,067
		Michigan — 5.1%
		Detroit, MI, GO MBIA
	500	5.50%, 04/01/2020		532
		Detroit, MI, Water Supply System Ref Rev FGIC
	1,750	6.50%, 07/01/2015		2,029
		Macomb County, MI, Hospital FA, Mt Clemens Hospital
	1,000	5.75%, 11/15/2025		1,024
		Michigan Hospital FA, Rev Ref Henry Ford Health System
	500	5.63%, 03/01/2017		547
		Michigan Strategic Fund Ltd, Rev Ref Dow Chemical Proj AMT
	750	5.50%, 12/01/2028		781
		Michigan Tobacco Settlement FA Ser A
	4,500	6.00%, 06/01/2048		4,487
				9,400
		Minnesota — 2.4%
		Inver Grove Heights, MN, Presbyterian Homes Care
	175	5.50%, 10/01/2033		168
		Minneapolis, MN, Health Care System AllinaHealth
	750	6.00%, 11/15/2018		834
		Minnesota Residential Housing Fin Agency
	745	5.00%, 01/01/2020 #		746
		Ramsey, MN, Lease Rev Pact Charter School Proj
	500	6.50%, 12/01/2022		515
		St Paul, MN, Housing & Redev Auth Lease Rev
	860	6.00%, 12/01/2018		877
		St Paul, MN, Housing & Redev Auth, Achieve Language Academy
	500	6.75%, 12/01/2022		511
		St Paul, MN, Housing & Redev Auth, Hmong Academy Proj
	740	6.00%, 09/01/2036 (H)		752
				4,403
		Mississippi — 0.2%
		Lowndes County, MS, Solid Waste Disposal & Pollution Control Rev Ref Weyerhaeuser Co Proj
	250	6.80%, 04/01/2022		291
		Missouri — 1.7%
		Branson Hills, MO, Infrastructure Fac
	650	5.50%, 04/01/2027		630
		Lees Summit, MO, Industrial DA, Kensington Farms Improvement Proj
	1,000	5.75%, 03/01/2029		997
		St Louis, MO, Industrial DA, Confluence Academy Proj
	550	5.35%, 06/15/2032		510
		Stone Canyon, MO, Community Improvement Proj
	1,000	5.75%, 04/01/2027		954
				3,091
		Montana — 0.3%
		Montana Fac FA, St Peters Hospital Proj
	700	4.38%, 06/01/2036		640
		Nevada — 2.5%
		Clark County, NV, Improvement Dist #142
	985	6.38%, 08/01/2023		1,016
		Reno, NV, Catholic Healthcare West
	2,000	5.25%, 07/01/2031		2,041
		Reno, NV, Renown Regional Medical Center Proj
	1,485	5.25%, 06/01/2032		1,512
				4,569
		New Hampshire — 0.4%
		New Hampshire Health & Education Fac, Elliot Hospital
	750	5.60%, 10/01/2022		791
		New Jersey — 1.6%
		New Jersey Education Fac, Fairleigh Dickinson University
	275	6.00%, 07/01/2025		287
		New Jersey Education Fac, Georgian Court College
	500	6.50%, 07/01/2033		571
		New Jersey Tobacco Settlement Funding Corp
	1,950	6.13%, 06/01/2024		2,065
				2,923
		New Mexico — 1.1%
		Cabezon, NM, Public Improvement Dist
	665	5.20%, 09/01/2015		667
		New Mexico Mortgage FA AMT
	1,000	4.75%, 01/01/2031		965
		Otero County, NM, Jail Proj
	400	6.00%, 04/01/2023		404
				2,036
		New York — 5.8%
		Dutchess County, NY, IDA Civic Fac Rev Ref, Marist College
	250	5.00%, 07/01/2022		255
		Erie County, NY, IDA Applied Tech Charter School Proj
	550	6.75%, 06/01/2025		546

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

­ ­  254  ­ ­

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — (continued)
		New York — (continued)
		Liberty, NY, Corp Development Goldman Sachs Headquarters
$	1,000	5.25%, 10/01/2035	$	1,064
		New York, NY, GO
	30	5.75%, 03/01/2019		33
		New York, NY, GO (Prerefunded with US Gov’t Securities)
	45	5.75%, 03/01/2019		50
		New York, NY, IDA American Airlines JFK International Airport AMT
	1,060	7.13%, 08/01/2011		1,095
		New York, NY, IDA Terminal One Group Assoc Proj AMT
	1,000	5.50%, 01/01/2024		1,049
		New York, NY, Jetblue Airways Corp Proj AMT
	500	5.13%, 05/15/2030		440
		Seneca Nation Indians Capital Improvement Special Tax
	1,000	5.00%, 12/01/2023 (I)		962
		Ulster County, NY, IDA Kingston Regional Senior Living Proj
	3,975	6.00%, 09/15/2027		3,983
		Utica, NY, IDA Civic Fac Rev, Utica College
	620	6.88%, 12/01/2014		651
		Westchester County, NY, IDA Continuing Care Retirement, Kendal on Hudson Proj
	400	6.38%, 01/01/2024		421
				10,549
		North Carolina — 3.2%
		North Carolina Medical Care Community
	3,800	4.50%, 10/01/2031 — 01/01/2032 #		3,447
		North Carolina Municipal Power Agency, Catawba Elec Rev
	500	5.50%, 01/01/2014		533
		Raleigh, NC, Medical Care Commission Retirement Fac Rev
	2,000	5.25%, 01/01/2032		1,878
				5,858
		Ohio — 4.7%
		Buckeye Tobacco Settlement FA
	7,000	5.88%, 06/01/2047		6,787
		Cuyahoga County, OH, Rev Ref Class A
	300	5.50%, 01/01/2029		312
		Hamilton, OH, School Dist Improvement
	1,270	6.15%, 12/01/2016		1,485
				8,584
		Oklahoma — 0.7%
		Tulsa County, OK, St Francis Health Care System
	1,210	5.00%, 12/15/2029		1,216
		Other U.S. Territories — 0.4%
		Virgin Islands Public FA, Revhovenska Refinery
	750	6.13%, 07/01/2022		789
		Pennsylvania — 1.7%
		Carbon County, PA, IDA Res Recovery Panther Creek Partners Proj AMT
	455	6.65%, 05/01/2010		464
		Montgomery County, PA, IDA Whitemarsh Continuing Care Proj
	800	6.13%, 02/01/2028		820
		Scranton Parking Auth
	1,825	5.25%, 06/01/2034		1,845
				3,129
		Rhode Island — 3.5%
		Central Falls, RI, Detention FA Fac Rev
	1,000	6.75%, 01/15/2013		1,034
		Rhode Island Health & Education Bldg Corp Fin, Lifespan Obligation Group
	250	6.50%, 08/15/2032		282
		Rhode Island Tobacco Settlement Funding Corp
	5,000	6.00%, 06/01/2023		5,081
				6,397
		South Carolina — 2.1%
		Dorchester County, SC, School Dist #2 Installment Purchase
	1,000	5.25%, 12/01/2024		1,037
		Lancaster County, SC, Sun City Carolina Lakes Improvement
	750	5.45%, 12/01/2037		705
		Richland County, SC, Environmental Improvement AMT
	300	5.95%, 09/01/2031		306
		South Carolina Jobs Econ DA Rev
	2,000	4.70%, 04/01/2035		1,885
				3,933
		Tennessee — 0.3%
		McMinn County, TN, IDA PCR Calhoun Newsprint Co Proj
	500	7.63%, 03/01/2016		505
		Texas — 6.1%
		Brazoria, TX, Brazos River Habor Navigation Dow Chemical Co
	1,500	4.95%, 05/15/2033		1,464
		Dallas-Fort Worth, TX, International Airport Fac Improvement Corp AMT
	4,500	5.50%, 11/01/2030		4,117
		Maverick County, TX, Public Fac Corp Proj Rev
	490	6.25%, 02/01/2024		500
		Tarrant County, TX, Cultural Education Fac, Buckner Retirement Services
	2,000	5.25%, 11/15/2037		2,020
		Travis County, TX, Health Fac, Querencia Barton Creek Proj
	1,000	5.65%, 11/15/2035		993
		Willacy County, TX, Corp Revival Proj (Prerefunded with State & US Gov’t Securities)
	1,000	6.00%, 03/01/2009		1,020

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

­ ­  255  ­ ­

The Hartford Tax-Free National Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal					Market
Amount					Value (W)
MUNICIPAL BONDS — (continued)
		Texas — (continued)
		Willacy County, TX, GO
$	1,000	6.88%, 09/01/2028			$	1,054
						11,168
		Vermont — 0.3%
		Vermont Econ DA, Wake Robin Corp Proj
	500	5.38%, 05/01/2036				478
		Virginia — 3.6%
		James City County, VA, Econ DA Residential Care Fac
	840	5.40%, 07/01/2027				809
	2,000	5.50%, 07/01/2037				1,894
		Norfolk, VA, Redev & Housing Auth First Mortgage Retirement Community
	500	6.00%, 01/01/2025				513
		Peninsula, VA, PA Fac, CSX Transport Proj Rev
	1,000	6.00%, 12/15/2012				1,058
		Peninsula, VA, Turn Center Community Dev DA
	700	6.45%, 09/01/2037				718
		Virginia Tobacco Settlement Funding Corp
	1,455	5.50%, 06/01/2026 (H)				1,589
						6,581
		Washington — 3.0%
		King County, WA, ISD #210 GO
	670	5.00%, 06/01/2019				696
		Washington State Health Care FA, Group Health Cooperative
	2,835	5.00%, 12/01/2022 — 12/01/2023				2,871
		Washington State Housing FA, Single Family Proj AMT
	2,000	4.70%, 12/01/2038				1,849
						5,416
		Wisconsin — 0.2%
		Wisconsin Housing & Econ DA, GO Home Ownership Rev
	360	4.85%, 09/01/2017				366
		Total municipal bonds (cost $175,039)			$	175,675
Shares
SHORT-TERM INVESTMENTS — 3.0%
		Investment Pools and Funds — 3.0%
	5,404	State Street Bank Tax Free Money Market Fund			$	5,404
		Total short-term investments (cost $5,404)			$	5,404
		Total investments (cost $180,443) (C)	99.0	%	$	181,079
		Other assets and liabilities	1.0	%		1,846
		Total net assets	100.0	%	$	182,925

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $180,443 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	3,778
Unrealized Depreciation		(3,142	)
Net Unrealized Appreciation	$	636

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $2,888, which represents 1.58% of total net assets.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $2,254.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are not registered under the Securities Act of 1933 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.

Period
Acquired	Par		Security	Cost Basis
04/2003		395	Arizona Sundance Community Fac Dist, Special Assess Rev #2, 7.13%, 07/01/2027 - 144A	$	395
06/2006		1,000	Colorado Educational & Cultural Fac Auth, Charter School Banning Lewis, 6.13%, 12/15/2035 - 144A		1,000
08/2007		5,000	Jacksonville, FL, Econ Development Community Health Care Facilities, 6.25%, 09/01/2027		5,055
07/2006		1,000	Mashantucket, CT, Western Pequot Tribe, 5.50%, 09/01/2036 - 144A		1,017
04/2004		1,100	Pima County, AZ, Charter Schools Proj, 5.75%, 07/01/2016		1,100
11/2004		1,000	San Manuel, CA, Entertainment Auth Public Improvement, 4.50%, 12/01/2016 - 144A		1,000
09/2006		740	St Paul, MN, Housing & Redev Auth, Hmong Academy Proj, 6.00%, 09/01/2036		745
05/2005		1,455	Virginia Tobacco Settlement Funding Corp, 5.50%, 06/01/2026		1,434
12/2002		200	Vistancia, AZ, Community Fac Dist GO, 6.75%, 07/15/2022		200
08/2003		966	Yorkville, IL, United City Special Service Area Tax Raintree Village Proj, 6.88%, 03/01/2033		966

The aggregate value of these securities at October 31, 2007 was $13,211 which represents 7.22% of total net assets.

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

­ ­  256  ­ ­

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

AMT	— Alternative Minimum Tax
DA	— Development Authority
FA	— Finance Authority
FGIC	— Financial Guaranty Insurance Company
FSA	— Financial Security Assurance
GO	— General Obligations
IDA	— Industrial Development Authority Bond
MBIA	— Municipal Bond Insurance Association
PCR	— Pollution Control Revenue Bond
USD	— United School District

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

­ ­  257  ­ ­

The Hartford Tax-Free New York Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
MUNICIPAL BONDS — 95.6%
		General Obligations — 3.1%
		New York, NY, GO
$	15	5.75%, 03/01/2019	$	16
		New York, NY, GO Ser J
	450	5.00%, 03/01/2030		463
				479
		Health Care/Services — 16.5%
		Chemung County, NY, IDA Civic Fac Rev, Arnot Ogden Medical Center
	125	5.00%, 11/01/2034		126
		Genesee County, NY, IDA United Memorial Medical Center Proj
	160	5.00%, 12/01/2032		146
		New York Dorm Auth, College & University Rev
	150	5.00%, 11/01/2034		150
		New York Dorm Auth, Methodist Hospital
	200	5.25%, 07/01/2019		204
		New York Dorm Auth, St Barnabas FHA AMBAC
	450	5.13%, 02/01/2022		471
		New York Dorm Auth, Winthrop South Nassau University
	200	5.50%, 07/01/2023		206
		Saratoga, NY, IDA Saratoga Hospital Proj
	200	5.00%, 12/01/2014		205
		Suffolk County, NY, Jeffersons Ferry Proj
	500	5.00%, 11/01/2028		469
		Ulster County, NY, IDA Kingston Regional Senior Living Proj
	500	6.00%, 09/15/2027		501
		Westchester County, NY, IDA Continuing Care Retirement, Kendal on Hudson Proj
	100	6.38%, 01/01/2024		105
				2,583
		Higher Education (Univ., Dorms, etc.) — 22.9%
		Albany, NY, Brighter Choice Charter School
	200	5.00%, 04/01/2037		185
		Albany, NY, IDA Civic Fac Rev
	250	5.00%, 07/01/2037		241
		Cattaraugus County, NY, IDR St Bonaventure University
	175	5.10%, 05/01/2031		172
		Dutchess County, NY, IDA Civic Fac Rev Ref, Marist College
	250	5.00%, 07/01/2022		255
		Erie County, NY, IDA Applied Tech Charter School Proj
	250	6.75%, 06/01/2025		248
		Erie County, NY, IDA Global Concepts Charter School Proj
	300	6.25%, 10/01/2037		297
		New York Dorm Auth, Brooklyn Law School
	250	5.50%, 07/01/2019		262
		New York Dorm Auth, Fordham University FGIC
	80	5.00%, 07/01/2020		84
		New York Dorm Auth, Mount St Mary College
	400	5.00%, 07/01/2027		401
		Higher Education (Univ., Dorms, etc.) — (continued)
		New York Dorm Auth, Rochester University
	135	5.25%, 07/01/2022		143
		New York Dorm Auth, Upstate Community College
	250	5.25%, 07/01/2021		265
		Otsego County, NY, IDA Civic Fac Rev Hartwick College Proj
	200	6.00%, 07/01/2011		207
		Rensselaer County, NY, Industrial Improvements
	200	5.00%, 01/01/2036		206
		Seneca County, NY, IDA NY Chiropractic College Proj
	150	5.00%, 10/01/2027		149
		St Lawrence, NY, IDA Civic Fac Rev, Clarkson University Proj
	450	5.00%, 07/01/2023		461
				3,576
		Industrial — 10.2%
		Jefferson County, NY, IDA Waste Disposal
	450	5.20%, 12/01/2020		451
		Liberty, NY, Corp Development Goldman Sachs Headquarters
	200	5.25%, 10/01/2035		213
		Liberty, NY, Development Corp Rev Golman Sachs Headquarters
	200	5.50%, 10/01/2037		221
		New York, NY, IDA American Airlines JFK International Airport AMT
	150	7.13%, 08/01/2011		155
		New York, NY, IDA Terminal One Group Assoc Proj AMT
	150	5.50%, 01/01/2024		157
		New York, NY, Jetblue Airways Corp Proj AMT
	150	5.00%, 05/15/2020		136
		Virgin Islands Public FA, Revhovenska Refinery
	250	6.13%, 07/01/2022		263
				1,596
		Miscellaneous — 14.4%
		Nassau County, NY, Tobacco Settlement Corp
	1,000	5.00%, 06/01/2035		949
		New York, NY, IDA Civic Fac Rev, YMCA of Greater NY Proj
	250	5.25%, 08/01/2021		255
		Seneca Nation Indians Capital Improvement Special Tax
	160	5.00%, 12/01/2023 (I)		154
		Tobacco Settlement FA of NY
	400	5.50%, 06/01/2022		426
		TSACS, Inc., NY, Tobacco Settlement
	500	5.13%, 06/01/2042		473
				2,257
		Pollution Control — 0.9%
		Onondaga County, NY, IDA PCR
	150	4.88%, 07/01/2041		143

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

­ ­  258  ­ ­

Principal					Market
Amount					Value (W)
MUNICIPAL BONDS — (continued)
		Prerefunded — 9.7%
		New York Dorm Auth, Court Fac
$	425	5.50%, 05/15/2020			$	466
		New York Dorm Auth, Mental Health Services Fac
	5	5.00%, 02/15/2018				5
		New York Dorm Auth, State University Dorm Fac
	450	5.00%, 07/01/2032				479
		New York, NY, GO
	410	5.75%, 03/01/2019				453
		Utica, NY, IDA Civic Fac Rev, Utica College
	100	6.88%, 12/01/2014				105
						1,508
		Public Facilities — 7.3%
		Niagara Falls, NY, School Dist Certificate of Participation
	500	5.00%, 06/15/2028				518
		Rensselaer, NY, School Dist Certificate of Participation
	600	5.00%, 06/01/2036				616
						1,134
		Tax Allocation — 3.0%
		New York, NY, Transitional FA Future Tax Secured
	450	5.00%, 08/01/2023				467
		Transportation — 3.0%
		New York Metropolitan Transportation Auth
	450	5.13%, 11/15/2031				463
		Utilities — Electric — 1.6%
		New York Energy Research & DA, Elec Fac Rev Adj Long Island Lighting Co. Proj
	250	5.30%, 08/01/2025				255
		Utilities — Water and Sewer — 3.0%
		New York Environmental Fac Corp
	450	5.00%, 07/15/2026				465
		Total municipal bonds (cost $14,816)			$	14,926
Shares
SHORT-TERM INVESTMENTS — 2.8%
		Finance — 2.8%
	442	Dreyfus Basic New York Municipal Money Market Fund			$	442
		Total short-term investments (cost $442)			$	442
		Total investments (cost $15,258) (C)	98.4	%	$	15,368
		Other assets and liabilities	1.6	%		254
		Total net assets	100.0	%	$	15,622

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $15,258 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	265
Unrealized Depreciation		(155	)
Net Unrealized Appreciation	$	110

(I)

Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $154, which represents 0.99% of total net assets.

(W)

See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

AMT	— Alternative Minimum Tax
DA	— Development Authority
FA	— Finance Authority
FGIC	— Financial Guaranty Insurance Company
GO	— General Obligations
IDA	— Industrial Development Authority Bond
IDR	— Industrial Development Revenue Bond
PCR	— Pollution Control Revenue Bond

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

­ ­  259  ­ ­

The Hartford Total Return Bond Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 14.1%
		Finance — 13.9%
		ACT Depositor Corp.
$	2,050	5.43%, 09/22/2041 (H)(L)	$	1,642
		Banc of America Commercial Mortgage, Inc.
	5,700	4.43%, 11/10/2039 #		5,543
	18,129	4.52%, 09/11/2036 (I)(T)#		485
		Banc of America Securities Automotive Trust
	1,230	4.49%, 02/18/2013 (H)		1,225
		Bayview Commercial Asset Trust
	20,128	7.50%, 09/25/2037 (H)(T)		2,937
		Bayview Financial Acquisition Trust
	1,000	7.16%, 05/28/2037 (H)(L)		700
		Bear Stearns Commercial Mortgage Securities, Inc.
	11,867	4.07%, 07/11/2042 (T)		341
	10,201	4.12%, 11/11/2041 (T)		235
	22,918	5.50%, 02/11/2041 (H)(T)		380
	3,360	5.58%, 09/11/2041 #		3,320
		CBA Commercial Small Balance Commercial Mortgage — Class X1
	20,254	7.00%, 06/25/2038 (H)(T)		1,297
		CBA Commercial Small Balance Commercial Mortgage — Class X2
	10,946	7.00%, 07/25/2035 (H)(T)		487
		Citigroup Commercial Mortgage Trust
	2,050	5.41%, 10/15/2049 #		2,024
		Citigroup Mortgage Loan Trust, Inc.
	—	0.00%, 01/25/2037 (A)(I)(M)		—
	10,500	5.93%, 07/25/2037 (L)		10,575
	318	12.00%, 01/25/2037 (I)(M)		694
		Commercial Mortgage Pass-Through Certificates
	3,600	5.31%, 12/10/2046		3,515
	5,373	5.96%, 06/10/2046 (L)		5,455
	3,515	6.01%, 12/10/2049 (L)		3,568
		Countrywide Asset-Backed Certificates
	299	5.46%, 07/25/2035 #		278
		Countrywide Home Loans, Inc.
	10,762	6.00%, 10/25/2037 #		10,855
		Credit Suisse Mortgage Capital Certificates
	1,663	6.02%, 06/15/2038 (L)		1,683
		Credit-Based Asset Servicing and Securitization LLC
	826	5.14%, 05/25/2036 (H)(L)		793
	1,125	5.86%, 04/25/2037 #		1,093
		CS First Boston Mortgage Securities Corp.
	146	2.08%, 05/15/2038		146
	418	4.51%, 07/15/2037 #		411
		CWCapital Cobalt
	4,845	5.48%, 04/15/2047		4,767
		DB Master Finance LLC
	2,600	5.78%, 06/20/2031 (I)#		2,620
		First Horizon Mortgage Pass-Through Trust
	11,086	5.86%, 05/25/2037 (L)		11,147
		GE Business Loan Trust
	1,941	6.09%, 05/15/2034 (I)(L)		1,725
	58,695	6.14%, 05/15/2034 (H)(T)		526
		Finance — (continued)
		Green Tree Financial Corp.
	260	7.24%, 06/15/2028		268
		GS Mortgage Securities Corp. II
	27,055	4.38%, 08/10/2038 (I)(T)#		228
		Home Equity Asset Trust
	1,750	6.08%, 07/25/2037 (L)#		964
		JP Morgan Automotive Receivable Trust
	385	12.85%, 03/15/2012 (A)(H)(M)		328
		JP Morgan Chase Commercial Mortgage Security Corp.
	4,590	4.16%, 01/12/2039 (I)		4,348
	93,402	4.82%, 08/12/2037 (T)		313
	4,340	5.00%, 10/15/2042 (L)		4,151
	92,076	5.42%, 05/12/2045 (T)		2,039
	4,300	5.54%, 12/12/2043 (L)		3,991
	3,040	6.20%, 02/12/2051��(I)(L)		2,975
		LB-UBS Commercial Mortgage Trust
	3,950	5.22%, 02/15/2031 (L)#		3,821
	25,441	5.26%, 09/15/2039 (T)		750
	2,950	5.41%, 09/15/2039 (L)		2,882
	975	5.45%, 11/15/2038 (L)		906
	2,445	5.48%, 11/15/2038 (L)#		2,261
		Lehman Brothers Small Balance Commercial
	1,013	5.52%, 09/25/2030 (I)		995
	1,100	5.62%, 09/25/2036 (I)#		1,120
		Marlin Leasing Receivables LLC
	2,870	5.33%, 09/16/2013 (I)		2,861
		Merrill Lynch Mortgage Trust
	40,783	4.57%, 06/12/2043 (T)		925
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	4,350	5.20%, 12/12/2049		4,183
	22,390	5.27%, 07/12/2046 (T)		736
	2,040	6.10%, 06/12/2046 (L)		2,088
		Morgan Stanley Automotive Loan Trust
	55	5.00%, 03/15/2012 (I)		55
		Morgan Stanley Dean Witter Capital I
	12,535	0.46%, 08/25/2032 (A)(H)(T)		—
	5,400	5.88%, 06/11/2049 (L)		5,469
	4,204	8.05%, 08/25/2032 (H)(T)		1
		Nationstar Home Equity Loan Trust
	496	9.97%, 03/25/2037 (H)(L)		489
		Option One Mortgage Loan Trust — Class M6
	875	6.99%, 03/25/2037 (H)		568
		Option One Mortgage Loan Trust — Class M7
	600	6.99%, 03/25/2037 (H)		360
		Option One Mortgage Loan Trust — Class M8
	600	6.99%, 03/25/2037 (H)		300
		Popular ABS Mortgage Pass-Through Trust
	650	4.75%, 12/25/2034		621
	540	5.42%, 04/25/2035		500
		Renaissance Home Equity Loan Trust
	800	5.36%, 05/25/2035 (H)		712
	1,260	5.75%, 05/25/2036 (L)		1,200
	650	7.50%, 04/25/2037 (H)		411

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

­ ­  260  ­ ­

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)
		Finance — (continued)
		Renaissance Home Equity Loan Trust — Class M5
$	1,550	7.00%, 09/25/2037 (H)	$	1,162
		Renaissance Home Equity Loan Trust — Class M8
	1,950	7.00%, 09/25/2037 (H)		1,073
		Soundview NIM Trust
	339	6.41%, 12/25/2036 (H)		326
		Swift Master Automotive Receivables Trust
	4,225	5.71%, 10/15/2012 (L)		4,225
		Wachovia Bank Commercial Mortgage Trust
	8,979	3.65%, 02/15/2041 (I)(T)		206
	417	4.52%, 05/15/2044		410
	5,412	5.25%, 12/15/2043		5,366
	686,170	10.00%, 02/15/2051 (T)		1,331
		Wachovia Bank Commercial Mortgage Trust — Class A2
	2,650	5.42%, 01/15/2045 #		2,660
		Wachovia Bank Commercial Mortgage Trust — Class A4
	2,500	5.42%, 01/15/2045 (L)		2,466
		Wamu Commercial Mortgage Securities Trust
	4,760	6.31%, 03/23/2045 (I)(L)		4,780
				158,291
		Transportation — 0.2%
		Continental Airlines, Inc.
	996	6.70%, 06/15/2021 #		996
	786	8.05%, 11/01/2020 #		833
				1,829
		Total asset & commercial mortgage backed securities (cost $162,914)	$	160,120
CORPORATE BONDS: INVESTMENT GRADE — 25.6%
		Basic Materials — 0.8%
		Kimberly-Clark Corp.
$	4,271	6.63%, 08/01/2037 (G)	$	4,702
		Rohm & Haas Holdings
	2,156	5.60%, 03/15/2013		2,157
		Westvaco Corp.
	1,795	7.95%, 02/15/2031 #		1,892
				8,751
		Capital Goods — 0.4%
		Embraer Overseas Ltd.
	1,100	6.38%, 01/24/2017		1,075
		Tyco International Group S.A.
	1,467	6.00%, 10/01/2012 (I)		1,484
	1,540	6.55%, 10/01/2017 (I)		1,571
				4,130
		Consumer Cyclical — 0.8%
		Lowe’s Companies, Inc.
	1,213	5.60%, 09/15/2012		1,230
		Consumer Cyclical — (continued)
		Ltd. Brands, Inc.
	2,777	6.90%, 07/15/2017 #		2,738
		Target Corp.
	2,219	6.50%, 10/15/2037		2,248
		Tesco plc
	2,969	5.50%, 11/15/2017 (I)		2,936
				9,152
		Consumer Staples — 0.6%
		Diageo Finance B.V.
	2,917	5.50%, 04/01/2013 (G)		2,897
		General Mills, Inc.
	3,665	5.65%, 09/10/2012		3,722
				6,619
		Energy — 1.5%
		Canadian National Resources Ltd.
	391	6.25%, 03/15/2038 #		386
	2,805	6.50%, 02/15/2037 #		2,872
		CenterPoint Energy Resources Corp.
	690	6.63%, 11/01/2037		693
		Consumers Energy Co.
	400	5.15%, 02/15/2017 #		382
	1,595	5.38%, 04/15/2013 #		1,588
		Enterprise Products Operating L.P.
	1,215	4.63%, 10/15/2009 #		1,205
		Petro-Canada
	2,940	5.95%, 05/15/2035 #		2,814
		Ras Laffan Liquefied Natural Gas Co., Ltd.
	318	3.44%, 09/15/2009 (I)#		317
	4,940	5.30%, 09/30/2020 (I)#		4,771
		Sempra Energy
	710	6.00%, 02/01/2013 #		722
		TNK-BP Finance S.A.
	590	7.50%, 07/18/2016 (I)#		575
	900	7.50%, 03/13/2013 (I)		900
				17,225
		Finance — 14.0%
		ABX Financing Co.
	2,232	6.35%, 10/15/2036 (I)#		2,232
		AMBAC Financial Group, Inc.
	421	6.15%, 02/15/2037 (G)		322
		American Capital Strategies Ltd.
	2,810	6.85%, 08/01/2012 #		2,892
		American Express Credit Corp.
	2,313	5.50%, 10/17/2012		2,334
	2,294	6.15%, 08/28/2017 #		2,340
	2,129	6.80%, 09/01/2066 (G)		2,183
		American International Group, Inc.
	2,450	6.25%, 03/15/2037 #		2,280
		Amvescap plc
	3,110	4.50%, 12/15/2009 #		3,068
	1,206	5.38%, 02/27/2013 #		1,169
		Army Hawaii Family Housing Trust Certificates
	915	5.52%, 06/15/2050 (I)#		878
		Axa S.A.
	7,653	6.46%, 12/14/2049 (I)(L)#		7,116

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

­ ­  261  ­ ­

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		BAE Systems Holdings, Inc.
$	2,980	5.20%, 08/15/2015 (I)#	$	2,863
		BB&T Capital Trust IV
	5,431	6.82%, 06/12/2057 (L)#		5,291
		Capital One Capital III
	2,718	7.69%, 08/15/2036 (G)		2,634
		CIT Group, Inc.
	3,020	6.10%, 03/15/2067 (L)#		2,470
		Comerica Capital Trust II
	3,833	6.58%, 02/20/2037 (L)#		3,456
		Corpoacion Andina De Fomento
	2,030	5.75%, 01/12/2017 #		1,999
		Countrywide Financial Corp.
	87	4.50%, 06/15/2010		75
	4,082	5.80%, 06/07/2012 #		3,515
		Countrywide Home Loans, Inc.
	190	4.00%, 03/22/2011		161
	176	4.13%, 09/15/2009		154
	318	6.25%, 04/15/2009		293
		Credit Agricole
	7,159	6.64%, 05/31/2049 (I)(L)#		6,804
		Credit Suisse First Boston USA, Inc.
	1,059	6.50%, 01/15/2012 #		1,110
		Depfa ACS bank
JPY	1,300,000	1.65%, 12/20/2016		11,122
		Deutsche Bank Ag London
	4,390	6.00%, 09/01/2017		4,491
		Duke Realty L.P.
	4,545	5.95%, 02/15/2017 #		4,459
		ERAC USA Finance Co.
	2,865	5.60%, 05/01/2015 (G)(I)		2,753
		ERP Operating L.P.
	1,088	5.75%, 06/15/2017 (G)		1,053
		Goldman Sachs Capital Trust II
	5,385	5.79%, 12/29/2049 (L)#		5,022
		Goldman Sachs Group, Inc.
	2,260	6.75%, 10/01/2037		2,269
		Huntington Capital III
	466	6.65%, 05/15/2037 (L)#		437
		Janus Capital Group, Inc.
	4,470	6.70%, 06/15/2017 #		4,621
		JP Morgan Chase Capital XXV
	4,436	6.80%, 10/01/2037		4,431
		Kazkommerts International B.V.
	412	8.00%, 11/03/2015 (I)		367
		Kreditanstalt fuer Wiederaufbau International Finance
JPY	595,000	1.75%, 03/23/2010		5,258
		Lehman Brothers Holdings, Inc.
	3,246	6.88%, 07/17/2037		3,216
		Lincoln National Corp.
	5,330	6.05%, 04/20/2067 #		5,108
		Mellon Capital IV
	1,824	6.24%, 06/20/2049 (L)#		1,775
		Merrill Lynch & Co., Inc.
	1,345	6.22%, 09/15/2026 #		1,284
		Metlife, Inc.
	220	5.38%, 12/15/2012 #		222
	4,984	6.40%, 12/15/2036 #		4,721
		MUFG Capital Finance I Ltd.
	2,032	6.35%, 07/25/2049 (L)#		1,937
		National Rural Utilities Cooperative Finance Corp.
	75	5.75%, 08/28/2009 #		76
		North Street Referenced Linked Notes
	850	6.41%, 07/30/2010 (H)(L)#		686
		Northern Rock plc
	500	5.60%, 04/30/2049 (I)		400
	2,746	6.59%, 06/28/2049 (I)(L)#		2,197
		Northgroup Preferred Capital Corp.
	2,685	6.38%, 10/15/2049 (I)(L)#		2,479
		PNC Preferred Funding Trust II
	2,300	6.11%, 03/15/2049 (I)(L)#		2,210
		Progressive Corp.
	3,610	6.70%, 06/15/2037 (L)#		3,542
		Regions Financing Trust II
	2,384	6.63%, 05/15/2047 #		2,240
		Residential Capital Corp.
	1,605	6.22%, 06/09/2008 (L)#		1,436
		Simon Property Group L.P.
	1,085	6.35%, 08/28/2012 (G)		1,116
		Simon Property Group, Inc.
	1,820	7.88%, 03/15/2016 (I)#		2,030
		SMFG Preferred Capital
	3,598	6.08%, 12/01/2049 (I)(L)#		3,366
		TuranAlem Finance B.V.
	350	7.75%, 04/25/2013 (K)		311
	285	8.50%, 02/10/2015 (K)#		261
		Unicredito Luxembourg Finance S.A.
	4,490	6.00%, 10/31/2017 (I)		4,488
		US Bank Realty Corp.
	3,000	6.09%, 12/22/2049 (I)(L)#		2,906
		Washington Mutual Preferred Funding
	1,800	9.75%, 10/29/2049 (I)(L)		1,782
		Westfield Group
	1,983	5.70%, 10/01/2016 (I)#		1,938
		ZFS Finance U.S.A. Trust
	3,025	6.50%, 05/09/2037 (I)(L)#		2,911
				158,560
		Foreign Governments — 1.6%
		El Salvador (Republic of)
	600	8.50%, 07/25/2011 (K)		659
		German Government
EUR	7,785	3.25%, 06/13/2008		11,213
		Italy (Republic of)
JPY	599,000	3.80%, 03/27/2008 #		5,247
		Russian Federation
	1,322	8.25%, 03/31/2010 (K)		1,377
				18,496
		Health Care — 0.6%
		Covidien International
	1,723	5.45%, 10/15/2012 (I)		1,730
		CVS Caremark Corp.
	5,046	6.30%, 06/01/2037 (L)#		4,917
				6,647
		Services — 1.7%
		Clear Channel Communications, Inc.
	1,590	7.65%, 09/15/2010		1,614

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

­ ­  262  ­ ­

Principal			Market
Amount (B)			Value (W)
		Services — (continued)
		Comcast Corp.
$	1,952	6.30%, 11/15/2017	$	2,014
		COX Communications, Inc.
	2,800	5.45%, 12/15/2014 #		2,749
	1,681	5.88%, 12/01/2016 (I)#		1,673
		Electronic Data Systems Corp.
	435	3.88%, 07/15/2023 (X)#		436
		International Bank for Reconstruction and Development
TRY	1,360	13.63%, 05/09/2017		1,203
		Marriott International, Inc.
	1,975	6.20%, 06/15/2016 #		1,985
		Mashantucket Western Pequot Revenue Bond
	813	5.91%, 09/01/2021 (H)		778
		Time Warner Entertainment Co., L.P.
	3,725	8.38%, 07/15/2033 #		4,465
		Time Warner, Inc.
	1,550	6.50%, 11/15/2036 #		1,530
		Viacom, Inc.
	650	6.25%, 04/30/2016 #		656
				19,103
		Technology — 1.7%
		Agilent Technologies, Inc.
	2,496	6.50%, 11/01/2017 (G)		2,478
		AT&T Corp.
	1,902	8.00%, 11/15/2031 #		2,361
		Cingular Wireless Services, Inc.
	3,780	8.75%, 03/01/2031 #		4,888
		TCI Communications, Inc.
	685	8.75%, 08/01/2015 #		803
		Telecom Italia Capital
	3,754	7.20%, 07/18/2036 #		4,079
		Tele-Communications, Inc.
	2,075	7.88%, 08/01/2013 #		2,283
		Vodafone Group plc
	2,410	6.15%, 02/27/2037 #		2,365
				19,257
		Transportation — 0.4%
		American Airlines, Inc.
	1,035	7.86%, 10/01/2011 #		1,093
		CSX Corp.
	3,205	6.75%, 03/15/2011 (G)		3,341
				4,434
		Utilities — 1.5%
		CenterPoint Energy, Inc.
	2,775	6.85%, 06/01/2015 #		2,905
		Detroit Edison Co.
	565	6.13%, 10/01/2010 #		583
		Florida Power Corp.
	1,152	5.80%, 09/15/2017		1,176
		Kinder Morgan Energy Partners L.P.
	1,065	6.50%, 02/01/2037 #		1,054
		Northern States Power Co.
	1,170	6.25%, 06/01/2036 #		1,225
		Peco Energy Co.
	1,960	5.95%, 10/01/2036 #		1,944
		Utilities — (continued)
Principal			Market
Amount			Value (W)
		Puget Sound Energy, Inc.
	630	7.96%, 02/22/2010 #		665
		Taqa Abu Dhabi National Energy
	3,350	5.62%, 10/25/2012 (I)		3,341
		Texas-New Mexico Power Co.
	508	6.13%, 06/01/2008 #		507
		TransCanada Pipelines
	3,609	6.20%, 10/15/2037		3,620
		Westar Energy, Inc.
	250	5.15%, 01/01/2017 #		237
				17,257
		Total corporate bonds: investment grade (cost $292,908)	$	289,631
CORPORATE BONDS: NON-INVESTMENT GRADE — 8.4%
		Basic Materials — 0.8%
		AK Steel Corp.
$	1,765	7.75%, 06/15/2012	$	1,800
		Citigroup (JSC Severstal)
	1,250	9.25%, 04/19/2014 (K)#		1,363
		Evraz Group S.A.
	800	8.25%, 11/10/2015 (K)		815
		Freeport — McMoRan Copper & Gold, Inc.
	2,400	8.25%, 04/01/2015 #		2,592
		Potlatch Corp.
	1,900	13.00%, 12/01/2009 (H)(L)		2,135
		Valmont Industries, Inc.
	305	6.88%, 05/01/2014		305
				9,010
		Capital Goods — 0.3%
		Bombardier, Inc.
	1,830	6.30%, 05/01/2014 (I)#		1,789
		L-3 Communications Corp.
	1,219	3.00%, 08/01/2035 (X)#		1,475
				3,264
		Consumer Cyclical — 0.5%
		Aramark Corp.
	2,640	8.86%, 02/01/2015 (L)		2,653
		Grupo Gigante S.A.
	500	8.75%, 04/13/2016 (K)		520
		K. Hovnanian Enterprises, Inc.
	1,095	6.00%, 01/15/2010 (G)		838
		Parkson Retail Group Ltd.
	800	7.88%, 11/14/2011		812
		Tenneco, Inc.
	1,265	8.63%, 11/15/2014		1,290
				6,113
		Consumer Staples — 0.2%
		OJSC Myronivsky Hliboproduct
	1,555	10.25%, 11/30/2011 (I)		1,586
		Energy — 0.3%
		Chesapeake Energy Corp.
	816	2.75%, 11/15/2035 (X)#		972

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

­ ­  263  ­ ­

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Energy — (continued)
		Range Resources Corp.
$	1,920	7.38%, 07/15/2013	$	1,954
				2,926
		Finance — 1.4%
		American Real Estate Partners L.P.
	2,295	7.13%, 02/15/2013 (G)		2,238
		ATF Bank
	500	9.00%, 05/11/2016 (I)		512
		Drummond Co., Inc.
	1,555	7.38%, 02/15/2016 (H)		1,462
		Ford Motor Credit Co.
	2,430	9.69%, 04/15/2012 (L)#		2,453
		General Motors Acceptance Corp.
	5,440	6.88%, 09/15/2011 #		5,013
		Hertz Corp.
	2,575	10.50%, 01/01/2016 (G)		2,768
		Hub International Holdings, Inc.
	605	10.25%, 06/15/2015 (I)#		560
		LPL Holdings, Inc.
	725	10.75%, 12/15/2015 (H)		754
		RBS-Zero Hora Editora Journalistica
BRL	1,000	11.25%, 06/15/2017 (K)		526
				16,286
		Foreign Governments — 0.5%
		Argentina (Republic of)
	1,910	7.00%, 10/03/2015 #		1,629
		Brazil (Republic of)
BRL	1,680	10.00%, 01/01/2017		878
		Panama (Republic of)
	665	9.38%, 07/23/2012 (G)		766
		Sri Lanka (Republic of)
	700	8.25%, 10/24/2012 (I)		699
		Venezuela (Republic of)
	2,050	5.75%, 02/26/2016 #		1,763
				5,735
		Health Care — 0.4%
		HCA, Inc.
	2,200	7.88%, 02/01/2011 #		2,173
		Rite Aid Corp.
	2,075	9.50%, 06/15/2017 (G)(I)		1,919
				4,092
		Services — 0.6%
		Echostar DBS Corp.
	2,200	6.38%, 10/01/2011		2,227
		Liberty Media Corp.
	1,210	3.50%, 01/15/2031 (X)		1,140
		Quebecor Media
	2,300	7.75%, 03/15/2016 (I)		2,220
		Wynn Las Vegas LLC
	905	6.62%, 12/01/2014		889
				6,476
		Technology — 3.0%
		Advanced Micro Devices, Inc.
	2,200	6.00%, 05/01/2015 (I)(X)#		1,950
		Technology — (continued)
Principal			Market
Amount			Value (W)
		American Tower Corp.
	620	7.00%, 10/15/2017 (I)		634
		Canwest MediaWorks L.P.
	1,560	9.25%, 08/01/2015 (G)(I)		1,584
		Charter Communications Operating LLC
	3,450	8.00%, 04/30/2012 (I)#		3,424
		CSC Holdings, Inc.
	2,750	8.13%, 07/15/2009 — 08/15/2009 #		2,805
		Dobson Cellular Systems
	1,085	8.38%, 11/01/2011 #		1,150
		Freescale Semiconductor, Inc.
	1,080	9.57%, 12/15/2014 (L)		992
	1,150	10.13%, 12/15/2016 (G)		1,042
		Intelsat Bermuda Ltd.
	3,500	9.25%, 06/15/2016 #		3,631
		Level 3 Financing, Inc.
	1,590	12.25%, 03/15/2013 (G)		1,701
		MetroPCS Wireless, Inc.
	1,920	9.25%, 11/01/2014 (I)#		1,906
		Nortel Networks Ltd.
	2,070	10.75%, 07/15/2016 (I)#		2,158
		Qwest Communications International, Inc.
	2,450	7.50%, 02/15/2014 (G)		2,481
		Rural Cellular Corp.
	2,040	8.62%, 06/01/2013 (I)(L)#		2,083
		Spansion LLC
	2,155	8.75%, 06/01/2013 (I)(L)#		2,042
		Vimpel Communications
	1,990	8.25%, 05/23/2016 (I)#		2,060
		Windstream Corp.
	2,390	8.63%, 08/01/2016 #		2,557
				34,200
		Transportation — 0.1%
		Bristow Group, Inc.
	1,455	7.50%, 09/15/2017 (I)#		1,499
		Utilities — 0.3%
		Energipe Y Saelpa
	855	10.50%, 07/19/2013 (I)#		940
		Energy Future Holdings
	1,400	10.88%, 11/01/2017 (I)		1,416
		Texas Competitive Electric Co.
	1,400	10.25%, 11/01/2015 (I)		1,407
				3,763
		Total corporate bonds: non-investment grade (cost $96,185)	$	94,950
MUNICIPAL BONDS — 0.1%
		General Obligations — 0.1%
		Oregon School Boards Association, Taxable Pension
$	1,250	4.76%, 06/30/2028	$	1,151
		Total municipal bonds (cost $1,250)	$	1,151

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

­ ­  264  ­ ­

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 6.1%
		Basic Materials — 0.6%
		Georgia-Pacific Corp.
$	2,071	7.41%, 02/14/2013 (N)	$	2,020
		Graham Packaging Co., Inc.
	958	7.66%, 04/03/2014 (N)		938
		Huntsman International LLC
	1,444	6.64%, 04/23/2014 (N)		1,431
		ISP Chemco LLC
	439	7.08%, 05/31/2014 (N)		428
		Jarden Corp.
	2,254	7.70%, 01/24/2012 (N)		2,215
				7,032
		Consumer Cyclical — 1.0%
		Aramark Corp.
	807	7.20%, 01/19/2014 (N)(Q)		788
		Aramark Corp., Letter of Credit
	58	6.89%, 01/19/2014 (AA)(Q)		56
		Ford Motor Co.
	6,412	8.70%, 12/15/2013 (N)#		6,151
		Invista B.V., Term Loan B1
	351	6.70%, 04/30/2010 (N)#		345
		Invista B.V., Term Loan B2
	351	6.70%, 04/30/2010 (N)#		343
		Masonite International Corp., Canadian Term Loan
	584	7.12%, 04/30/2010 (N)#		547
		Masonite International Corp., U.S. Term Loan
	583	7.12%, 04/30/2010 (N)#		546
		Michael’s Stores, Inc.
	100	7.62%, 11/11/2013 (N)		95
		Oshkosh Trucking Corp.
	390	7.20%, 12/06/2013 (N)#		382
		Roundy’s Supermarkets, Inc.
	199	8.46%, 11/03/2011 (N)		198
		Supervalu, Inc.
	1,039	6.86%, 05/30/2013 (N)#		1,028
		William Carter Co.
	1,264	6.46%, 07/14/2012 (N)		1,242
				11,721
		Consumer Staples — 0.0%
		Dole Food Co., Inc.
	52	7.11%, 04/12/2013 (AA)#		50
	382	7.41%, 04/12/2013 (N)#		370
	115	7.57%, 04/12/2013 (N)#		111
				531
		Energy — 0.0%
		Big West Oil LLC
	202	7.14%, 02/02/2015 (AA)(Q)		197
	164	7.45%, 02/02/2015 (N)#		161
				358
		Finance — 0.4%
		Chrysler Financial Services NA
	935	9.36%, 08/03/2012 (N)		934
	900	11.86%, 08/03/2013 (N)		883
		Finance — (continued)
		Crescent Resources LLC
	1,585	8.05%, 09/07/2012 (N)#		1,466
		General Growth Properties, Inc.
	1,168	6.38%, 02/24/2010 (N)		1,146
				4,429
		Health Care — 0.7%
		Biomet, Inc.
	350	0.00%, 02/15/2015 (N)(Q)		348
		Carestream Health, Inc.
	1,271	7.11%, 04/12/2013 (N)		1,227
		Community Health Systems, Inc.
	124	7.14%, 07/02/2014 (AA)(Q)		121
	1,876	7.76%, 07/02/2014 (N)		1,835
		HCA, Inc.
	1,008	7.20%, 11/14/2012 (N)		973
	2,073	7.45%, 11/17/2013 (N)#		2,021
		IASIS Healthcare Capital Corp.
	249	5.96%, 03/15/2014 (AA)(Q)		237
	66	6.69%, 03/15/2014 (AA)		63
	724	7.07%, 01/15/2014 (N)		694
				7,519
		Services — 2.2%
		Allied Waste Industries, Inc.
	858	6.78%, 01/15/2012 (N)		841
	462	6.91%, 01/15/2012 (AA)		452
		Asurion Corp.
	311	8.36%, 07/03/2014 (N)		304
		Cedar Fair L.P.
	1,253	6.75%, 07/21/2013 (N)#		1,222
		Cinemark, Inc.
	213	7.25%, 10/04/2013 (N)		208
		CSC Holdings, Inc.
	983	6.88%, 03/24/2013 (N)		958
		Gray Television, Inc.
	1,722	6.73%, 12/31/2014 (N)		1,655
		Harrah’s Entertainment, Inc.
	4,000	6.39%, 03/05/2008 (AA)(Q)		3,960
		inVentiv Health, Inc.
	605	6.57%, 07/05/2014 (N)		589
		Metavante Corp.
	1,000	6.64%, 10/31/2014 (AA)		975
		MGM Mirage, Inc.
	1,979	6.42%, 10/03/2011 (N)		1,910
		Regal Cinemas, Inc.
	1,339	6.39%, 10/27/2013 (N)		1,309
		Sungard Data Systems, Inc.
	608	7.36%, 08/08/2012 (N)		599
		Tribune Co.
	2,600	9.39%, 05/23/2015 (AA)(Q)		2,600
		UPC Financing Partnership
	1,447	7.13%, 12/31/2014 (N)		1,401
		Weight Watchers International, Inc.
	1,282	6.50%, 01/24/2013 (N)		1,260
		West Corp.
	1,840	7.27%, 10/23/2013 (N)#		1,801
		WideOpenWest Finance LLC
	2,600	11.45%, 07/01/2015 (N)		2,418
				24,462

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

­ ­  265  ­ ­

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Technology — 0.8%
		Cincinnati Bell, Inc.
$	477	7.02%, 08/31/2012 (N)	$	467
		Idearc, Inc.
	2,215	6.70%, 11/17/2013 (N)		2,144
	1,212	7.36%, 11/17/2014 (N)		1,193
		Mediacom Broadband LLC
	1,546	6.61%, 01/31/2015 (N)#		1,497
		Mediacom Broadband LLC, Term Loan D2
	395	6.61%, 01/31/2015 (N)		383
		Mediacom LLC
	440	6.61%, 01/31/2015 (N)#		426
		Metro PCS Wireless, Inc.
	713	7.58%, 11/02/2013 (N)#		698
		R.H. Donnelley, Inc.
	1,809	7.01%, 06/30/2011 (N)		1,781
				8,589
		Utilities — 0.4%
		Mirant North America LLC
	772	6.50%, 01/03/2013 (N)#		761
		NRG Energy, Inc.
	575	6.85%, 02/01/2013 (N)		563
	1,382	6.95%, 06/08/2013 (N)		1,351
	158	7.39%, 06/08/2014 (AA)(Q)		154
		Texas Competitive Electric Co.
	800	8.39%, 10/31/2014 (AA)(Q)		800
		Texas Competitive Electric Holdings Co. LLC
	800	8.39%, 10/24/2 014 (AA)(Q)		800
				4,429
		Total senior floating rate interests:
		non-investment grade (cost $70,371)	$	69,070
U.S. GOVERNMENT AGENCIES — 35.9%
		Federal Home Loan Mortgage Corporation — 15.1%
		Mortgage Backed Securities:
$	2,749	5.03%, 2035 (L)#	$	2,725
	6,442	5.33%, 2037 (L)#		6,437
	7,093	5.41%, 2037 (L)		7,114
	2,504	5.42%, 2036 (L)#		2,509
	885	5.45%, 2036 (L)		887
	10,158	5.50%, 2037		9,899
	2,872	5.59%, 2036 (L)#		2,874
	10,961	5.60%, 2037 (L)		11,046
	1,406	5.83%, 2036 (L)		1,418
	10,368	6.00%, 2032 — 2035		10,464
	2,567	6.00%, 2034 #		2,590
	10,650	6.50%, 2036 (Q)		10,906
				68,869
		Notes:
	3,800	4.10%, 2014 #		3,769
	50,840	5.50%, 2037 (Q)		50,046
				53,815
		Federal Home Loan Mortgage Corporation — (continued)
		Federal Home Loan Mortgage Corporation — (continued)Remic — Pac’s:
	8,425	5.00%, 2034 #		8,060
	40,860	6.00%, 2036 (Q)		41,116
				49,176
				171,860
		Federal National Mortgage Association — 16.3%
		Mortgage Backed Securities:
	633	4.68%, 2034 (L)		624
	1,689	4.70%, 2035 (L)		1,652
	754	4.71%, 2035 (L)		741
	1,346	4.78%, 2035 (L)		1,330
	521	4.80%, 2035 (L)		518
	887	4.87%, 2035 (L)		872
	687	4.90%, 2035 (L)		682
	1,732	4.94%, 2035 (L)		1,722
	63,258	5.00%, 2018 — 2037		61,194
	2,870	5.00%, 2018 #		2,835
	1,235	5.08%, 2035 (L)		1,226
	67,316	5.50%, 2017 — 2037		66,340
	10,410	5.50%, 2033 #		10,287
	2,631	6.00%, 2013 — 2032		2,668
	3,444	6.00%, 2033 #		3,485
	26,278	6.00%, 2037 (Q)		26,467
	1,388	6.50%, 2031 — 2036		1,422
	325	7.50%, 2029 — 2031		344
				184,409
		Government National Mortgage Association — 3.0%
		Mortgage Backed Securities:
	4,552	5.50%, 2033 — 2035 #		4,529
	3,450	6.00%, 2032 — 2034 #		3,498
	23,101	6.00%, 2037 (Q)		23,325
	3,123	6.50%, 2028 — 2032 #		3,224
				34,576
		Other Government Agencies — 1.5%
		Small Business Administration Participation Certificates:
	5,367	5.56%, 2027		5,443
	5,625	5.57%, 2027		5,708
	5,345	5.78%, 2027		5,478
				16,629
		Total U.S. government agencies (cost $405,401)	$	407,474
U.S. GOVERNMENT SECURITIES — 1.3%
		Other Direct Federal Obligations — 0.3%
		Federal Home Loan Bank:
$	3,680	5.25%, 2008 #	$	3,699
		U.S. Treasury Securities — 1.0%
		U.S. Treasury Bonds:
	5,300	5.00%, 2037		5,511

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

­ ­  266  ­ ­

Principal					Market
Amount					Value (W)
U.S. GOVERNMENT SECURITIES — (continued)
		U.S. Treasury Securities — (continued)
		U.S. Treasury Notes:
$	1,836	4.63%, 2017 (G)			$	1,860
	3,855	4.75%, 2017				3,940
						5,800
						11,311
		Total U.S. government securities (cost $15,043)			$	15,010
		Total long-term investments (cost $1,044,072)			$	1,037,406
SHORT-TERM INVESTMENTS — 23.7%
		Consumer Staples — 0.0%
		Cargill, Inc.
$	338	4.80%, 11/01/2007			$	338
		Finance — 3.9%
		BNP Paribas Finance
	10,000	4.81%, 11/01/2007				9,998
		Deutsche Bank
	5,000	4.80%, 11/01/2007				4,999
		Rabobank USA
	10,000	4.80%, 11/01/2007				9,999
		Societe Generale NA
	10,000	4.80%, 11/01/2007				9,999
		UBS Finance LLC
	10,000	4.67%, 11/01/2007				9,999
						44,994
Shares
		Investment Pools and Funds — 0.1%
	543	State Street Bank Money Market Fund				543
Principal
Amount
		Repurchase Agreements — 17.6%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $66,602, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $67,695)
	66,593	4.52% dated 10/31/2007				66,593
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $66,335, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $67,475)
	66,327	4.50% dated 10/31/2007				66,327
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $66,602, collateralized by U.S. Treasury Note 9.25%, 2016, value of $67,404)
	66,594	4.48% dated 10/31/2007				66,594
						199,514
					Market
Shares					Value (W)
					Market
Shares					Value (W)
		Cash Collateral Reinvestment Fund:
	21,361	Navigator Prime Portfolio			$	21,361
Principal
Amount
		U.S. Treasury Bills — 0.2%
$	1,850	3.68%, 12/13/2007 (M)(S)				1,841
		Total short-term investments (cost $268,592)			$	268,591
		Total investments (cost $1,312,664) (C)	115.2	%	$	1,305,997
		Other assets and liabilities	(15.2	)%		(171,875	)
		Total net assets	100.0	%	$	1,134,122

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 11.47% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $1,313,122 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	9,710
Unrealized Depreciation		(16,835	)
Net Unrealized Depreciation	$	(7,125	)

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $328, which represents 0.03% of total net assets.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of October 31, 2007.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $124,498, which represents 10.98% of total net assets.
(K)	Securities contain some restrictions as to public resale. These securities comply with Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, and are determined to be liquid. At October 31, 2007, the market value of these securities amounted to $5,832 or 0.51% of net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.

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

­ ­  267  ­ ­

The Hartford Total Return Bond Fund

Schedule of Investments — (continued)
October 31, 2007
(000’s Omitted)

(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(N)	The interest rate disclosed for these securities represents the average coupon as of October 31, 2007.
(T)	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2007.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2007 was $161,439.
(V)	Senior loans in which the Fund invests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. These base lending rates are generally (i) the lending rate offered by one or more major European banks, such as the London Inter-Bank Offered Rate (LIBOR), (ii) the prime rate offered by one or more major United States Banks, or (iii) the bank’s certificate of deposit rate. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. The interest rate indicated is the rate in effect at October 31, 2007.
(X)	Convertible debt security.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

BRL	— Brazilian Real
EUR	— Euro
JPY	— Japanese Yen
TRY	— Turkish New Lira

(H) The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
10/2006		2,050	ACT Depositor Corp., 5.43%, 09/22/2041 - 144A	$	1,996
08/2006		1,230	Banc of America Securities Automotive Trust, 4.49%, 02/18/2013		1,220
08/2007		20,128	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		2,785
04/2007		1,000	Bayview Financial Acquisition Trust, 7.16%, 05/28/2037		1,000
03/2004		22,918	Bear Stearns Commercial Mortgage Securities, Inc., 5.50%, 02/11/2041 - 144A		473
04/2006 – 08/2007		20,254	CBA Commercial Small Balance Commercial Mortgage — Class X1, 7.00%, 06/25/2038 - 144A		1,293
04/2006		10,946	CBA Commercial Small Balance Commercial Mortgage — Class X2, 7.00%, 07/25/2035 - 144A		723
07/2007		826	Credit-Based Asset Servicing and Securitization LLC, 5.14%, 05/25/2036 - 144A		807
11/2006 – 06/2007		1,555	Drummond Co., Inc., 7.38%, 02/15/2016 - 144A		1,523
06/2006		58,695	GE Business Loan Trust, 6.14%, 05/15/2034 - 144A		510
03/2007		385	JP Morgan Automotive Receivable Trust, 12.85%, 03/15/2012		385
10/2007		725	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		754
07/2005		813	Mashantucket Western Pequot Revenue Bond, 5.91%, 09/01/2021 - 144A		813
04/2005		12,535	Morgan Stanley Dean Witter Capital I, 0.46%, 08/25/2032 - 144A		—
04/2005 – 08/2006		4,204	Morgan Stanley Dean Witter Capital I, 8.05%, 08/25/2032 - Reg D		84
04/2007		496	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		496
11/2006		850	North Street Referenced Linked Notes, 6.41%, 07/30/2010 - 144A		752
03/2007		875	Option One Mortgage Loan Trust — Class M6, 6.99%, 03/25/2037		845
03/2007		600	Option One Mortgage Loan Trust — Class M7, 6.99%, 03/25/2037		521
03/2007		600	Option One Mortgage Loan Trust — Class M8, 6.99%, 03/25/2037		472
10/2001 – 11/2001		1,900	Potlatch Corp., 13.00%, 12/01/2009		1,957
03/2005		800	Renaissance Home Equity Loan Trust, 5.36%, 05/25/2035		800
03/2007		650	Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037		588
08/2007		1,550	Renaissance Home Equity Loan Trust — Class M5, 7.00%, 09/25/2037		1,163
08/2007		1,950	Renaissance Home Equity Loan Trust — Class M8, 7.00%, 09/25/2037		1,073
02/2007		339	Soundview NIM Trust, 6.41%, 12/25/2036 - 144A		338

	The aggregate value of these securities at October 31, 2007 was $21,532 which represents 1.90% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.

Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		2,047		Long		Dec 2007	$	896
5 Year U.S. Treasury Note		1,702		Long		Dec 2007		83
10 Year U.S. Treasury Bond		41		Short		Dec 2007		(42	)
U.S. Long Bond		883		Short		Dec 2007		(893	)
							$	44

* The number of contracts does not omit 000’s.

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

­ ­  268  ­ ­

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Argentine Peso (Buy)		2,258	$	2,195		11/15/07	$	63
Argentine Peso (Sell)		2,258		2,240		11/15/07		(18	)
Brazilian Real (Buy)		910		899		11/01/07		11
Brazilian Real (Buy)		2,481		2,195		02/29/08		286
Brazilian Real (Sell)		2,481		2,371		02/29/08		(110	)
Chilean Peso (Buy)		2,234		2,210		04/16/08		24
Chilean Peso (Sell)		2,234		2,185		04/16/08		(49	)
Colombian Peso (Buy)		2,331		2,290		03/27/08		41
Colombian Peso (Sell)		2,331		2,284		03/27/08		(47	)
Egyptian Pound (Buy)		2,269		2,195		11/15/07		74
Egyptian Pound (Sell)		2,269		2,227		11/15/07		(42	)
Egyptian Pound (Buy)		2,326		2,290		03/27/08		36
Egyptian Pound (Sell)		2,326		2,303		03/27/08		(23	)
Indian Rupee (Buy)		2,301		2,194		11/15/07		107
Indian Rupee (Sell)		2,301		2,298		11/15/07		(3	)
Japanese Yen (Sell)		5,553		5,605		11/08/07		52
Mexican Peso (Sell)		2,234		2,198		04/16/08		(36	)
Polish zloty (Buy)		2,412		2,265		11/15/07		147
Polish zloty (Sell)		2,412		2,262		11/15/07		(150	)
South African Rand (Buy)		2,472		2,195		11/15/07		277
South African Rand (Sell)		2,472		2,352		11/15/07		(120	)
Thai Baht (Buy)		2,106		2,195		11/15/07		(89	)
Thai Baht (Sell)		2,106		2,125		11/15/07		19
Turkish New Lira (Sell)		1,185		989		11/29/07		(196	)
							$	254

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Credit Default Swap Agreements Outstanding at October 31, 2007

Pay/

Unrealized

Reference

Buy/Sell

Receive

Expiration

Notional

Appreciation/

CounterParty

Entity

Protection

Fixed Rate

Date

Amount

(Depreciation)

Lehman Brothers Special Financing, Inc.

HCA, Inc.

Buy

2.70

%

12/20/10

$

2,200

$

24

Lehman Brothers Special Financing, Inc.

HCA, Inc.

Sell

3.50

12/20/11

2,200

(9

)

Lehman Brothers Special Financing, Inc.

Lehman ABX Index

Sell

0.32

07/25/45

3,800

59

JP Morgan Chase Bank

Residential Capital LLC

Sell

5.75

09/20/08

2,500

(287

)

$

(213

)

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

­ ­  269  ­ ­

The Hartford U.S. Government Securities Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 11.8%
		Finance — 11.8%
		Bayview Commercial Asset Trust
$	12,735	7.00%, 07/25/2037 (H)(T)	$	1,648
	6,975	7.50%, 09/25/2037 (H)(T)		1,018
		Bayview Financial Acquisition Trust
	2,100	7.16%, 05/28/2037 (H)(L)		1,470
		CBA Commercial Small Balance Commercial Mortgage
	370	6.09%, 07/25/2039 (I)(L)		259
	390	6.50%, 07/25/2039 (I)(L)		214
	8,957	7.25%, 07/25/2039 (H)(T)		860
		Countrywide Asset-Backed Certificates
	2,000	5.76%, 06/25/2035		1,906
	2,000	5.80%, 07/25/2034		1,942
		Lehman XS Trust
	1,960	6.50%, 05/25/2037 (L)		1,969
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	4,000	5.46%, 07/12/2046 (L)		3,915
		Nationstar Home Equity Loan Trust
	338	9.97%, 03/25/2037 (H)(L)		333
		Option One Mortgage Loan Trust
	1,000	6.99%, 03/25/2037 (H)		600
		Renaissance Home Equity Loan Trust
	1,430	7.00%, 09/25/2037 (H)		1,144
	1,080	7.50%, 04/25/2037 — 06/25/2037 (H)		614
		Spirit Master Funding LLC
	1,943	5.76%, 03/20/2024 (I)		1,869
		Wamu Commercial Mortgage Securities Trust
	3,000	6.31%, 03/23/2045 (I)(L)		3,013
		Total asset & commercial mortgage backed securities (cost $24,689)	$	22,774
CORPORATE BONDS: INVESTMENT GRADE — 0.2%
		Finance — 0.2%
		North Street Referenced Linked Notes
$	500	6.41%, 07/30/2010 (H)(L)	$	404
		Total corporate bonds: investment grade (cost $443)	$	404
U.S. GOVERNMENT AGENCIES — 77.2%
		Federal Home Loan Mortgage Corporation — 19.2%
		Mortgage Backed Securities:
$	9,853	6.00%, 2032 — 2037	$	9,922
	63	7.00%, 2029 — 2031		66
	92	9.00%, 2022		99
	50	11.50%, 2015 — 2019		53
	28	11.75%, 2011		30
	6	12.50%, 2019		6
				10,176
		Remic — Pac’s:
	26,644	6.00%, 2032		26,976
				37,152
		Federal National Mortgage Association — 39.2%
		Mortgage Backed Securities:
	10,026	5.48%, 2036 (L)		10,071
	15,418	5.50%, 2015 — 2037		15,163
	20,408	6.00%, 2016 — 2036		20,575
	1,274	6.01%, 2009		1,281
	4,749	6.01%, 2037 (L)		4,865
	10,507	6.50%, 2013 — 2037		10,712
	18	7.50%, 2030		19
	18	8.00%, 2025		19
	48	8.50%, 2022		51
	10	9.75%, 2020		11
	68	10.00%, 2020		76
	32	10.50%, 2012 — 2018		35
	2	10.75%, 2013		2
	125	11.00%, 2015 — 2020		137
	16	11.25%, 2013		16
	5	11.50%, 2015		5
	17	12.00%, 2014		19
	50	12.50%, 2015		55
				63,112
		Notes:
	10,500	6.25%, 2029		11,845
		Remic — Pac’s:
	823	6.50%, 2012		841
				75,798
		Government National Mortgage Association — 8.0%
		Mortgage Backed Securities:
	361	6.00%, 2034		365
	3,252	6.50%, 2031 — 2032		3,353
	37	7.00%, 2030		39
	107	8.00%, 2022		114
	329	9.50%, 2016 — 2019		357
	23	11.00%, 2015 — 2018		26
				4,254
		Remic — Pac’s:
	10,000	6.00%, 2032		10,153
	1,000	6.50%, 2031		1,036
				11,189
				15,443
		Other Government Agencies — 10.8%
		Small Business Administration Participation Certificates:
	4,000	5.57%, 2027		4,059
	2,544	5.66%, 2022		2,589
	1,833	5.70%, 2026		1,871
	1,144	5.78%, 2021		1,168
	3,533	5.82%, 2026		3,625
	2,588	5.98%, 2022		2,654
	2,303	6.07%, 2026		2,386
	2,483	6.14%, 2022		2,556
				20,908
		Total U.S. government agencies (cost $148,071)	$	149,301
U.S. GOVERNMENT SECURITIES — 5.8%
		U.S. Treasury Securities — 5.8%
		U.S. Treasury Notes:
$	6,100	0.88%, 2010 (G)(O)	$	6,541
	4,700	4.50%, 2017 (G)		4,714
		Total U.S. government securities (cost $11,089)	$	11,255
		Total long-term investments (cost $184,292)	$	183,734

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

­ ­  270  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 10.1%
		Repurchase Agreements — 3.9%
		BNP Paribas Securities Corp. Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,512, collateralized by U.S. Treasury Bond 6.00% — 8.50%, 2020 — 2027, value of $2,553)
$	2,512	4.52% dated 10/31/2007			$	2,512
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,502, collateralized by U.S. Treasury Note 2.63% — 10.38%, 2009 — 2012, U.S. Treasury Bond 6.25%, 2023, value of $2,545)
	2,501	4.50% dated 10/31/2007				2,501
		UBS Securities, Inc. Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,512, collateralized by U.S. Treasury Note 9.25%, 2016, value of $2,542)
	2,512	4.48% dated 10/31/2007				2,512
						7,525
Shares
		Securities Purchased with Proceeds from Security Lending — 6.0%
		Cash Collateral Reinvestment Fund:
	11,590	Navigator Prime Portfolio				11,590
Principal
Amount
		U.S. Treasury Bills — 0.2%
$	350	3.54%, 12/13/2007 (M)#(S)				348
		Total short-term investments (cost $19,463)			$	19,463
		Total investments (cost $203,755) (C)	105.1	%	$	203,197
		Other assets and liabilities	(5.1	)%		(9,871	)
		Total net assets	100.0	%	$	193,326

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

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $203,853 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,727
Unrealized Depreciation		(2,383	)
Net Unrealized Depreciation	$	(656	)

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $5,355, which represents 2.77% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2007.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(O)	U.S. Treasury inflation-protected securities (TIPS) are securities in which the principal amount is adjusted for inflation and the semiannual interest payments equal a fixed percentage of the inflation-adjusted principal amount.
(T)	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2007.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
05/2007		12,735	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A	$	1,822
08/2007		6,975	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		965
04/2007		2,100	Bayview Financial Acquisition Trust, 7.16%, 05/28/2037		2,100
05/2007		8,957	CBA Commercial Small Balance Commercial Mortgage, 7.25%, 07/25/2039 - 144A		824
04/2007		338	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		338
11/2006		500	North Street Referenced Linked Notes, 6.41%, 07/30/2010 - 144A		443
03/2007		1,000	Option One Mortgage Loan Trust, 6.99%, 03/25/2037		868
08/2007		1,430	Renaissance Home Equity Loan Trust, 7.00%, 09/25/2037		1,144
05/2007		1,080	Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037 — 06/25/2037		271

	The aggregate value of these securities at October 31, 2007 was $8,091 which represents 4.19% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at October 31, 2007.
	Futures Contracts Outstanding at October 31, 2007

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		294		Long		Dec 2007	$	248
5 Year U.S. Treasury Note		102		Short		Dec 2007		(74	)
10 Year U.S. Treasury Bond		139		Long		Dec 2007		(29	)
U.S. Long Bond		31		Short		Dec 2007		(33	)
							$	112

	* The number of contracts does not omit 000’s.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  271  ­ ­

The Hartford Value Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.1%
		Basic Materials — 5.2%
	110	Agrium, Inc.	$	6,967
	27	Cameco Corp.		1,319
	71	Dow Chemical Co.		3,202
	93	E.I. DuPont de Nemours & Co.		4,624
	44	Kimberly-Clark Corp.		3,084
	217	Smurfit-Stone Container Corp. (D)		2,626
				21,822
		Capital Goods — 2.7%
	111	American Standard Cos., Inc.		4,119
	28	Deere & Co.		4,337
	75	Pitney Bowes, Inc.		2,987
				11,443
		Consumer Cyclical — 8.7%
	78	Altria Group, Inc.		5,696
	173	Gap, Inc.		3,277
	189	Ingram Micro, Inc. (D)		4,010
	132	Kroger Co.		3,876
	88	Macy’s, Inc.		2,806
	81	McDonald’s Corp.		4,860
	114	Safeway, Inc. (G)		3,873
	153	Supervalu, Inc.		5,913
	37	Wabco Holdings, Inc.		1,872
				36,183
		Consumer Staples — 5.8%
	36	Colgate-Palmolive Co.		2,761
	151	ConAgra Foods, Inc.		3,590
	100	Kellogg Co.		5,268
	121	PepsiCo, Inc.		8,950
	224	Tyson Foods, Inc. Class A		3,541
				24,110
		Energy — 14.8%
	84	Chevron Corp.		7,659
	67	ConocoPhillips Holding Co.		5,692
	232	Exxon Mobil Corp.		21,305
	162	Newfield Exploration Co. (D)		8,701
	204	Occidental Petroleum Corp.		14,073
	69	XTO Energy, Inc.		4,600
				62,030
		Finance — 24.9%
	115	ACE Ltd.		6,958
	77	Aetna, Inc.		4,314
	100	Allstate Corp.		5,250
	306	Bank of America Corp.		14,778
	94	Bank of New York Mellon Corp.		4,604
	94	Chubb Corp.		5,026
	191	Citigroup, Inc.		7,990
	191	Discover Financial Services		3,680
	31	Goldman Sachs Group, Inc.		7,562
	288	Host Hotels & Resorts, Inc.		6,375
	167	JP Morgan Chase & Co.		7,854
	51	PNC Financial Services Group, Inc.		3,666
	33	Principal Financial Group, Inc.		2,206
		Finance — (continued)
	88	UBS AG		4,746
	113	US Bancorp		3,737
	135	Wachovia Corp.		6,175
	43	Wellpoint, Inc. (D)		3,415
	172	Wells Fargo & Co.		5,843
				104,179
		Health Care — 6.6%
	69	Abbott Laboratories		3,742
	103	Baxter International, Inc.		6,187
	75	Bristol-Myers Squibb Co.		2,255
	214	CVS/Caremark Corp.		8,943
	134	Wyeth		6,492
				27,619
		Services — 2.4%
	119	Comcast Corp. Class A (D)(G)		2,510
	688	Sun Microsystems, Inc. (D)		3,928
	190	Time Warner, Inc.		3,466
				9,904
		Technology — 18.3%
	419	AT&T, Inc.		17,525
	199	Cisco Systems, Inc. (D)		6,585
	183	Corning, Inc.		4,432
	396	General Electric Co.		16,316
	124	Hewlett-Packard Co.		6,388
	283	Intel Corp.		7,604
	113	Nokia Corp.		4,496
	115	Sprint Nextel Corp.		1,970
	238	Verizon Communications, Inc.		10,965
				76,281
		Transportation — 2.3%
	107	General Dynamics Corp.		9,769
		Utilities — 6.4%
	39	Entergy Corp.		4,699
	75	Exelon Corp.		6,192
	153	FPL Group, Inc.		10,461
	31	SCANA Corp.		1,270
	109	Southern Co.		3,978
				26,600
		Total common stock (cost $348,337)	$	409,940
Principal
Amount
SHORT-TERM INVESTMENTS — 3.1%
		Repurchase Agreements — 1.6%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,264, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $2,309)
$	2,264	4.94% dated 10/31/2007	$	2,264

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

­ ­  272  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $580, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $591)
$	579	4.94% dated 10/31/2007			$	579
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $580, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $591)
	580	4.94% dated 10/31/2007				580
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3, collateralized by U.S. Treasury Note 2.63%, 2008, value of $3)
	3	4.94% dated 10/31/2007				3
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,261, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $1,286)
	1,261	4.94% dated 10/31/2007				1,261
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,487, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,517)
	1,487	4.94% dated 10/31/2007				1,487
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $386, collateralized by FNMA 6.00%, 2036 — 2037, value of $394)
	386	4.94% dated 10/31/2007				386
						6,560
Shares
		Securities Purchased with Proceeds from Security Lending — 1.5%
		Cash Collateral Reinvestment Fund:
	6,316	BNY Institutional Cash Reserve Fund				6,316
		Total short-term investments (cost $12,876)			$	12,876
		Total investments (cost $361,213) (C)	101.2	%	$	422,816
		Other assets and liabilities	(1.2	)%		(5,215	)
		Total net assets	100.0	%	$	417,601

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 4.20% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $361,297 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	68,648
Unrealized Depreciation		(7,129	)
Net Unrealized Appreciation	$	61,519

(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  273  ­ ­

The Hartford Value Opportunities Fund

Schedule of Investments
October 31, 2007
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.1%
		Basic Materials — 10.4%
	80	Alcoa, Inc.	$	3,175
	150	Arch Coal, Inc. (G)		6,158
	32	Celanese Corp.		1,336
	156	Chemtura Corp.		1,455
	21	Cytec Industries, Inc.		1,388
	29	E.I. DuPont de Nemours & Co.		1,451
	16	FMC Corp.		920
	123	Owens-Illinois, Inc. (D)		5,441
	67	Rexam plc (A)		756
	117	Smurfit-Stone Container Corp. (D)		1,421
	245	Uranium One, Inc. (D)		2,722
	398	USEC, Inc. (D)(G)		3,498
				29,721
		Capital Goods — 4.0%
	20	Alliant Techsystems, Inc. (D)		2,153
	23	Deere & Co.		3,501
	31	Goodrich Corp.		2,187
	39	Kennametal, Inc.		3,566
				11,407
		Consumer Cyclical — 5.6%
	43	American Axle & Manufacturing Holdings, Inc. (G)		1,178
	247	Circuit City Stores, Inc. (G)		1,957
	46	Copart, Inc. (D)		1,761
	339	Ford Motor Co. (D)(G)		3,009
	101	Home Depot, Inc.		3,186
	50	Liz Claiborne, Inc.		1,415
	35	MDC Holdings, Inc.		1,414
	111	Office Depot, Inc. (D)		2,088
				16,008
		Consumer Staples — 5.5%
	77	Avon Products, Inc.		3,172
	60	Cosan Ltd. (D)		767
	95	Cosan S.A. Industria E Comercio		1,489
	113	Dean Foods Co.		3,144
	4,082	Marine Harvest (A)(D)(G)		4,167
	96	Unilever N.V. NY Shares		3,110
				15,849
		Energy — 8.4%
	251	Brasil EcoDiesel Industria (D)		1,572
	51	Exxon Mobil Corp.		4,655
	89	Newfield Exploration Co. (D)		4,813
	44	Noble Energy, Inc.		3,375
	38	Petro-Canada		2,198
	99	Talisman Energy, Inc.		2,161
	58	Total S.A. ADR		4,646
	25	UGI Corp.		671
				24,091
		Finance — 25.6%
	145	ACE Ltd.		8,801
	47	Aetna, Inc.		2,634
	46	American International Group, Inc.		2,910
	96	Apollo Investment Corp. (G)		1,992
	231	Bank of America Corp.		11,150
	120	Capital One Financial Corp.		7,858
	79	CIT Group, Inc.		2,794
	56	Citigroup, Inc.		2,346
	78	Commerce Bancorp, Inc.		3,166
	141	Countrywide Financial Corp. (G)		2,188
	206	E*Trade Financial Corp. (D)		2,299
	33	Everest Re Group Ltd.		3,516
	159	Genesis Lease Ltd.		3,495
	76	Oaktree Capital (D)(I)		2,926
		Finance — (continued)
	146	PennantPark Investment Corp. (G)		1,903
	46	Platinum Underwriters Holdings Ltd.		1,649
	608	Royal Bank of Scotland Group plc (A)		6,565
	65	Thornburg Mortgage, Inc. (G)		680
	85	UBS AG		4,580
				73,452
		Health Care — 8.2%
	54	Alkermes, Inc. (D)		870
	22	Astellas Pharma, Inc. (A)		977
	50	Bristol-Myers Squibb Co.		1,484
	51	Cooper Co., Inc.		2,121
	265	Impax Laboratories, Inc. (D)(G)		2,843
	50	Sanofi-Aventis S.A. (A)		4,396
	74	Sanofi-Aventis S.A. ADR		3,270
	153	Wyeth		7,416
				23,377
		Services — 9.1%
	121	Avis Budget Group, Inc. (D)		2,515
	249	BearingPoint, Inc. (D)		1,190
	57	CACI International, Inc. Class A (D)		3,075
	170	Comcast Corp. Class A (D)		3,574
	349	Comcast Corp. Special Class A (D)		7,275
	46	Entercom Communications Corp.		857
	68	R.H. Donnelley Corp. (D)		3,714
	52	United Parcel Service, Inc. Class B		3,928
				26,128
		Technology — 16.4%
	64	Arrow Electronics, Inc. (D)		2,567
	273	Cinram International Income Fund		3,789
	143	Cisco Systems, Inc. (D)		4,734
	82	Corning, Inc.		2,000
	2	Embarq Corp.		93
	88	Fairchild Semiconductor International, Inc. (D)		1,613
	243	Flextronics International Ltd. (D)		2,996
	229	JDS Uniphase Corp. (D)(G)		3,496
	135	Microsoft Corp.		4,966
	90	Qualcomm, Inc.		3,829
	70	Seagate Technology		1,946
	74	Solar Cayman Ltd. (A)(D)(H)		1,000
	346	Sprint Nextel Corp.		5,914
	179	Symantec Corp. (D)		3,367
	107	Telefonaktiebolaget LM Ericsson ADR		3,218
	67	Virgin Media, Inc.		1,479
				47,007
		Transportation — 3.9%
	409	Northwest Airlines Corp. (D)(G)		7,593
	56	UAL Corp. (D)(G)		2,663
	30	US Airways Group, Inc. (D)(J)		841
				11,097
		Total common stock (cost $265,326)	$	278,137
PREFERRED STOCK — 0.4%
		Finance — 0.4%
	53	Thornburg Mortgage, Inc. (X)	$	1,300
		Total preferred stock (cost $1,347)	$	1,300
		Total long-term investments (cost $266,673)	$	279,437

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

­ ­  274  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 10.2%
		Repurchase Agreements — 2.5%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $2,433, collateralized by FHLMC 5.00%, 2035, FNMA 5.00%, 2033, value of $2,482)
$	2,433	4.94% dated 10/31/2007			$	2,433
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $623, collateralized by FHLMC 6.00% — 6.50%, 2037, FNMA 6.00% — 6.50%, 2037, value of $635)
	623	4.94% dated 10/31/2007				623
		Credit Suisse Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $623, collateralized by FHLMC 4.00% — 7.00%, 2010 — 2037, FNMA 4.00% — 10.50%, 2011 — 2037, value of $635)
	623	4.94% dated 10/31/2007				623
		Deutsche Bank Securities Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $3, collateralized by U.S. Treasury Note 2.63%, 2008, value of $3)
	3	4.94% dated 10/31/2007				3
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,356, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2037, GNMA 6.00% — 7.00%, 2033 — 2037, value of $1,383)
	1,356	4.94% dated 10/31/2007				1,356
		JPMorgan Chase TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $1,599, collateralized by FNMA 6.00%, 2036 — 2037, value of $1,631)
	1,598	4.94% dated 10/31/2007				1,598
		Merrill Lynch TriParty Joint Repurchase Agreement (maturing on 11/01/2007 in the amount of $415, collateralized by FNMA 6.00%, 2036 — 2037, value of $424)
	415	4.94% dated 10/31/2007				415
						7,051
Shares
		Securities Purchased with Proceeds from Security Lending — 7.7%
		Cash Collateral Reinvestment Fund:
	22,076	BNY Institutional Cash Reserve Fund				22,076
		Total short-term investments (cost $29,127)			$	29,127
		Total investments (cost $295,800) (C)	107.7	%	$	308,564
		Other assets and liabilities	(7.7	)%		(22,090	)
		Total net assets	100.0	%	$	286,474

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 18.81% of total net assets at October 31, 2007.

(C) At October 31, 2007, the cost of securities for federal income tax purposes was $296,121 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	31,287
Unrealized Depreciation		(18,844	)
Net Unrealized Appreciation	$	12,443

(A)	The aggregate value of securities valued in good faith at fair value as determined in good faith under policies and procedures established by and under the supervision of the Funds’ Board of Directors at October 31, 2007, was $17,861, which represents 6.23% of total net assets.
(D)	Currently non-income producing.
(G)	Security is partially on loan at October 31, 2007.
(I)	Securities issued within terms of a private placement memorandum, exempt from registration under Section 144A of the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2007, was $2,926, which represents 1.02% of total net assets.
(J)	Securities exempt from registration under Regulation D of the Securities Act of 1933. These securities are determined to be liquid. At October 31, 2007, the market value of these securities was $841, which represents 0.29% of total net assets.
(X)	Convertible security.
(H)	The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are 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
03/2007		74	Solar Cayman Ltd.	$	1,103

The aggregate value of these securities at October 31, 2007 was $1,000 which represents 0.35% of total net assets.

Forward Foreign Currency Contracts Outstanding at October 31, 2007

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Canadian Dollar (Buy)	$	89	$	88		11/01/07	$	1
Canadian Dollar (Buy)		431		432		11/05/07		(1	)
							$	—

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

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

­ ­  275  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities
October 31, 2007
(000’s Omitted)

	Advisers		Balanced Allocation		Balanced Income
	Fund		Fund *		Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market) @	$	1,707,344	$	970,695	$	46,836
Cash		31,635		—		26
Foreign currency on deposit with custodian #		—		—		4
Unrealized appreciation on forward foreign currency contracts		1		—		10
Unrealized appreciation on swap contracts		—		—		—
Receivables:
Investment securities sold		12,932		—		78
Fund shares sold		718		2,853		169
Dividends and interest		6,343		1,698		386
Variation margin		—		—		2
Other assets		71		55		36
Total assets		1,759,044		975,301		47,547
Liabilities:
Unrealized depreciation on forward foreign currency contracts		—		—		40
Unrealized depreciation on swap contracts		—		—		—
Bank overdraft — U.S. Dollars		—		—		—
Bank overdraft — foreign cash		—		—		—
Payable upon return of securities loaned (Note 2d)		164,072		—		—
Payables:
Investment securities purchased		28,093		400		319
Fund shares redeemed		2,799		1,015		11
Investment advisory and management fees (Note 3)		188		23		7
Dividends		—		—		—
Distribution fees (Note 3)		139		99		3
Variation margin		—		—		5
Accrued expenses		470		179		10
Written options contracts		80		—		—
Total liabilities		195,841		1,716		395
Net assets	$	1,563,203	$	973,585	$	47,152
Summary of Net Assets:
Capital stock and paid-in-capital	$	1,320,742	$	827,026	$	45,242
Accumulated undistributed (distribution in excess of) net investment income (loss)		2,040		1,193		147
Accumulated net realized gain (loss) on investments and foreign currency transactions		163,093		42,579		181
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		77,328		102,787		1,582
Net assets	$	1,563,203	$	973,585	$	47,152
Shares authorized		910,000		400,000		800,000
Par value		0.001		0.001		0.001
Class A: Net asset value per share/Maximum offering price per share	$	18.52/$19.60	$	13.10/$13.86	$	11.02/$11.66
Shares outstanding		58,779		46,450		3,676
Net assets	$	1,088,361	$	608,443	$	40,501
Class B: Net asset value per share	$	18.34	$	13.06	$	10.98
Shares outstanding		13,527		10,376		208
Net assets	$	248,020	$	135,541	$	2,280
Class C: Net asset value per share	$	18.51	$	13.06	$	10.97
Shares outstanding		11,171		17,244		388
Net assets	$	206,799	$	225,155	$	4,256
Class I: Net asset value per share	$	—	$	13.09	$	—
Shares outstanding		—		71		—
Net assets	$	—	$	927	$	—
Class L: Net asset value per share/Maximum offering price per share	$	—	$	—	$	—
Shares outstanding		—		—		—
Net assets	$	—	$	—	$	—
Class R3: Net asset value per share	$	18.70	$	13.08	$	—
				��
Shares outstanding		1		9		—
Net assets	$	11	$	115	$	—
Class R4: Net asset value per share	$	18.70	$	13.10	$	—
Shares outstanding		3		205		—
Net assets	$	53	$	2,679	$	—
Class R5: Net asset value per share	$	18.71	$	13.10	$	—
Shares outstanding		1		55		—
Net assets	$	11	$	725	$	—
Class Y: Net asset value per share	$	18.71	$	—	$	11.03
Shares outstanding		1,066		—		10
Net assets	$	19,948	$	—	$	115
@ Cost of securities	$	1,630,003	$	867,908	$	45,236
@ Market value of securities on loan	$	158,946	$	—	$	—
# Cost of foreign currency on deposit with custodian	$	—	$	—	$	4

*	Relates to investments in affiliated investment companies.
(1)	Formally known as The Hartford Aggressive Growth Allocation Fund.
(a)	Commenced operations on May 31, 2007.
(V)	Cash of $1,174 was designated to cover open put options written.

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

­ ­  276  ­ ­

Capital Appreciation		Capital Appreciation II			Checks and Balances		Conservative Allocation		Disciplined Equity			Dividend and Growth		Equity Growth Allocation		Equity Income
Fund		Fund			Fund (a)		Fund *		Fund			Fund		Fund *(1)		Fund
$	22,764,807	$	1,537,981		$	238,425	$	195,844	$	370,739		$	4,578,936	$	296,429	$	1,039,807
	1		2,348			—		—		1,174	(V)		250		—		1
	3,298		—			—		—		—			—		—		—
	123		12			—		—		—			—		—		—
	—		—			—		—		—			—		—		—
	72,047		18,428			—		14		21,721			16,346		49		2,159
	68,996		21,147			12,261		319		67			6,485		604		1,692
	14,923		552			288		501		290			5,841		—		1,598
	—		—			—		—		90			—		—		—
	457		88			56		43		40			121		52		84
	22,924,652		1,580,556			251,030		196,721		394,121			4,607,979		297,134		1,045,341
	75,290		6			—		—		—			—		—		—
	—		—			—		—		—			—		—		—
	—		—			—		—		—			—		—		—
	—		—			—		—		—			—		—		—
	1,086,627		121,810			—		—		25,759			327,770		—		28,734
	215,544		29,941			3,363		—		22,896			17,131		—		—
	23,997		1,490			199		182		504			4,244		293		914
	2,651		241			—		6		52			503		8		145
	—		—			—		—		—			—		—		—
	1,892		135			21		20		19			298		31		60
	—		—			—		—		42			—		—		—
	3,718		243			20		43		98			880		84		183
	—		—			—		—		3			—		—		—
	1,409,719		153,866			3,603		251		49,373			350,826		416		30,036
$	21,514,933	$	1,426,690		$	247,427	$	196,470	$	344,748		$	4,257,153	$	296,718	$	1,015,305
$	15,268,751	$	1,165,696		$	239,062	$	178,536	$	306,681		$	3,116,116	$	228,365	$	827,215
	81,407		(688	)		220		423		686			4,527		—		1,289
	1,797,185		96,946			—		6,328		(10,661	)		226,725		17,301		26,463
	4,367,590		164,736			8,145		11,183		48,042			909,785		51,052		160,338
$	21,514,933	$	1,426,690		$	247,427	$	196,470	$	344,748		$	4,257,153	$	296,718	$	1,015,305
	1,215,000		1,000,000			600,000		400,000		450,000			700,000		400,000		500,000
	0.001		0.001			0.001		0.001		0.001			0.001		0.001		0.001
$	46.08/$48.76	$	16.95/$17.94		$	10.51/$11.12	$	11.63/$12.31	$	14.91/$15.78		$	23.12/$24.47	$	15.55/$16.46	$	15.16/$16.04
	296,994		48,457			16,426		10,449		11,884			139,977		11,149		50,070
$	13,684,583	$	821,428		$	172,572	$	121,488	$	177,170		$	3,236,757	$	173,379	$	758,905
$	41.59	$	16.62		$	10.49	$	11.62	$	14.16		$	22.76	$	15.40	$	15.12
	53,129		6,312			1,883		2,229		2,117			17,377		3,099		3,468
$	2,209,870	$	104,908		$	19,750	$	25,903	$	29,968		$	395,552	$	47,743	$	52,424
$	41.82	$	16.66		$	10.49	$	11.62	$	14.17		$	22.72	$	15.39	$	15.14
	105,490		24,958			5,253		3,997		1,868			16,087		4,810		4,803
$	4,411,286	$	415,689		$	55,105	$	46,433	$	26,479		$	365,443	$	74,047	$	72,690
$	45.90	$	17.02		$	—	$	11.61	$	—		$	23.07	$	15.59	$	15.12
	3,412		4,930			—		129		—			82		4		60
$	156,616	$	83,905		$	—	$	1,502	$	—		$	1,899	$	64	$	907
$	—	$	—		$	—	$	—	$	—		$	—	$	—	$	—
	—		—			—		—		—			—		—		—
$	—	$	—		$	—	$	—	$	—		$	—	$	—	$	—
$	48.91	$	17.00		$	—	$	11.61	$	15.33		$	23.37	$	15.52	$	15.21
	1		27			—		2		1			8		61		6
$	41	$	452		$	—	$	20	$	11		$	177	$	952	$	95
$	49.05	$	17.05		$	—	$	11.62	$	15.37		$	23.39	$	15.56	$	15.22
	318		1			—		37		1			85		29		1
$	15,618	$	14		$	—	$	429	$	11		$	1,994	$	456	$	11
$	49.15	$	17.10		$	—	$	11.63	$	15.41		$	23.41	$	15.60	$	15.22
	24		8			—		60		1			8		5		1
$	1,165	$	136		$	—	$	695	$	11		$	193	$	77	$	11
$	49.23	$	17.12		$	—	$	—	$	15.43		$	23.41	$	—	$	15.23
	21,039		9			—		—		7,198			10,896		—		8,555
$	1,035,754	$	158		$	—	$	—	$	111,098		$	255,138	$	—	$	130,262
$	18,321,937	$	1,373,244		$	230,280	$	184,661	$	322,753		$	3,669,151	$	245,377	$	879,469
$	1,075,082	$	120,315		$	—	$	—	$	25,322		$	322,689	$	—	$	28,417
$	3,271	$	—		$	—	$	—	$	—		$	—	$	—	$	—

­ ­  277  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2007 (Unaudited)
(000’s Omitted)

	Floating Rate			Fundamental Growth		Global Communications
	Fund			Fund (2)		Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market) @	$	4,541,240		$	74,972	$	51,210
Cash		4,208			1		1
Foreign currency on deposit with custodian #		—			—		—
Unrealized appreciation on forward foreign currency contracts		—			—		4
Unrealized appreciation on swap contracts		—			—		—
Receivables:
Investment securities sold		81,643			1,014		351
Fund shares sold		18,343			104		449
Dividends and interest		41,528			39		33
Variation margin		—			—		—
Other assets		276			18		17
Total assets		4,687,238			76,148		52,065
Liabilities:
Unrealized depreciation on forward foreign currency contracts		—			—		1
Unrealized depreciation on swap contracts		—			—		—
Bank overdraft — U.S. Dollars		—			—		—
Bank overdraft — foreign cash		—			—		—
Payable upon return of securities loaned (Note 2d)		—			8,709		3,229
Payables:
Investment securities purchased		201,784			877		342
Fund shares redeemed		24,378			253		329
Investment advisory and management fees (Note 3)		517			11		8
Dividends		8,420			—		—
Distribution fees (Note 3)		468			7		5
Variation margin		—			—		—
Accrued expenses		545			60		15
Written options contracts		—			—		—
Total liabilities		236,112			9,917		3,929
Net assets	$	4,451,126		$	66,231	$	48,136
Summary of Net Assets:
Capital stock and paid-in-capital	$	4,637,938		$	51,816	$	34,393
Accumulated undistributed (distribution in excess of) net investment income (loss)		1,747			—		(3	)
Accumulated net realized gain (loss) on investments and foreign currency transactions		(51,272	)		7,242		1,530
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(137,287	)		7,173		12,216
Net assets	$	4,451,126		$	66,231	$	48,136
Shares authorized		2,400,000			300,000		300,000
Par value		0.001			0.001		0.001
Class A: Net asset value per share/Maximum offering price per share	$	9.79/$10.09		$	13.95/$14.76	$	10.99/$11.63
Shares outstanding		203,989			2,856		2,726
Net assets	$	1,996,644		$	39,831	$	29,950
Class B: Net asset value per share	$	9.79		$	13.40	$	10.61
Shares outstanding		7,297			919		581
Net assets	$	71,403		$	12,307	$	6,161
Class C: Net asset value per share	$	9.78		$	13.41	$	10.59
Shares outstanding		191,293			1,022		1,040
Net assets	$	1,870,911		$	13,703	$	11,019
Class I: Net asset value per share	$	9.79		$	—	$	—
Shares outstanding		41,559			—		—
Net assets	$	406,906		$	—	$	—
Class L: Net asset value per share/Maximum offering price per share	$	—		$	—	$	—
Shares outstanding		—			—		—
Net assets	$	—		$	—	$	—
Class R3: Net asset value per share	$	9.79		$	—	$	—
Shares outstanding		29			—		—
Net assets	$	285		$	—	$	—
Class R4: Net asset value per share	$	9.78		$	—	$	—
Shares outstanding		1			—		—
Net assets	$	10		$	—	$	—
Class R5: Net asset value per share	$	9.81		$	—	$	—
Shares outstanding		21			—		—
Net assets	$	205		$	—	$	—
Class Y: Net asset value per share	$	9.78		$	14.27	$	11.23
Shares outstanding		10,710			27		90
Net assets	$	104,762		$	390	$	1,006
@ Cost of securities	$	4,678,425		$	67,799	$	38,994
@ Market value of securities on loan	$	—		$	8,529	$	3,251
# Cost of foreign currency on deposit with custodian	$	—		$	—	$	—

*	Relates to investments in affiliated investment companies.
(2)	Formally known as The Hartford Focus Fund.
(3)	Formally known as The Hartford Global Leaders Fund.

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

­ ­  278  ­ ­

Global Financial Services		Global Growth			Global Health		Global Technology			Growth Allocation		Growth		Growth Opportunities		High Yield
Fund		Fund (3)			Fund		Fund			Fund *		Fund		Fund		Fund
$	35,369	$	902,491		$	1,106,004	$	86,226		$	886,516	$	1,277,891	$	2,663,307	$	281,130
	1		—			—		—			—		4		—		—
	—		188			—		31			—		—		—		1,121
	—		10			1		—			—		—		32		—
	—		—			—		—			—		—		—		21
	25		10,575			—		1,431			219		28,938		32,278		6,963
	18		322			2,003		474			1,591		1,609		24,524		169
	40		552			1,494		16			697		939		990		5,378
	—		—			—		—			—		—		—		—
	17		58			55		33			62		80		131		56
	35,470		914,196			1,109,557		88,211			889,085		1,309,461		2,721,262		294,838
	—		—			9		—			—		—		—		14
	—		—			—		—			—		—		—		—
	—		706			—		98			—		—		—		231
	—		—			1,067		—			—		—		—		—
	362		64,543			141,401		6,635			—		72,912		333,583		37,986
	138		4,429			6,731		1,890			—		17,877		164,351		12,416
	53		898			1,362		41			1,338		980		2,616		379
	6		128			160		13			22		168		297		35
	—		—			—		—			—		—		—		313
	3		52			66		8			96		68		130		21
	—		—			—		—			—		—		—		91
	15		264			220		37			183		298		340		113
	—		—			—		—			—		—		—		—
	577		71,020			151,016		8,722			1,639		92,303		501,317		51,599
$	34,893	$	843,176		$	958,541	$	79,489		$	887,446	$	1,217,158	$	2,219,945	$	243,239
$	26,867	$	502,785		$	780,722	$	107,607		$	704,761	$	882,324	$	1,541,302	$	321,845
	374		(1	)		9		—			1,739		—		266		155
	3,842		89,311			64,983		(40,386	)		48,779		89,122		259,143		(75,566	)
	3,810		251,081			112,827		12,268			132,167		245,712		419,234		(3,195	)
$	34,893	$	843,176		$	958,541	$	79,489		$	887,446	$	1,217,158	$	2,219,945	$	243,239
	300,000		450,000			500,000		300,000			400,000		27,000,000		23,750,000		500,000
	0.001		0.001			0.001		0.001			0.001		0.0001		0.0001		0.001
$	14.16/$14.98	$	24.97/$26.42		$	18.85/$19.95	$	7.23/$7.65		$	14.51/$15.35	$	21.25/$22.49	$	38.24/$40.47	$	7.92/$8.29
	1,725		19,725			27,025		6,465			34,694		29,534		25,892		21,646
$	24,420	$	492,466		$	509,341	$	46,765		$	503,345	$	627,677	$	989,969	$	171,505
$	13.87	$	23.27		$	17.67	$	6.85		$	14.37	$	18.39	$	32.23	$	7.91
	274		3,391			4,692		2,124			9,959		2,250		1,750		3,995
$	3,803	$	78,931		$	82,932	$	14,552		$	143,140	$	41,359	$	56,396	$	31,591
$	13.82	$	23.40		$	17.71	$	6.82		$	14.37	$	18.45	$	32.27	$	7.91
	374		3,237			7,742		2,266			16,636		4,624		6,237		4,432
$	5,164	$	75,742		$	137,101	$	15,462		$	238,997	$	85,303	$	201,274	$	35,066
$	—	$	—		$	18.96	$	—		$	14.49	$	21.34	$	38.39	$	7.93
	—		—			792		—			55		1,669		1,059		19
$	—	$	—		$	15,017	$	—		$	804	$	35,626	$	40,678	$	149
$	—	$	—		$	—	$	—		$	—	$	21.60	$	38.91	$	—
	—		—			—		—			—		14,978		20,300		—
$	—	$	—		$	—	$	—		$	—	$	323,581	$	789,757	$	—
$	—	$	26.02		$	19.59	$	—		$	14.46	$	21.76	$	39.18	$	7.93
	—		1			6		—			4		1		8		1
$	—	$	13		$	112	$	—		$	53	$	16	$	323	$	10
$	—	$	26.09		$	19.66	$	—		$	14.51	$	21.82	$	39.33	$	7.93
	—		1			25		—			22		13		87		1
$	—	$	13		$	494	$	—		$	325	$	282	$	3,402	$	10
$	—	$	26.15		$	19.70	$	—		$	14.54	$	21.87	$	39.39	$	7.93
	—		1			22		—			54		3		2		1
$	—	$	13		$	434	$	—		$	782	$	63	$	81	$	11
$	14.35	$	26.19		$	19.74	$	7.45		$	—	$	21.90	$	39.43	$	7.93
	105		7,482			10,796		364			—		4,714		3,502		618
$	1,506	$	195,998		$	213,110	$	2,710		$	—	$	103,251	$	138,065	$	4,897
$	31,560	$	651,423		$	993,165	$	73,962		$	754,349	$	1,032,179	$	2,244,078	$	284,430
$	367	$	63,153		$	137,565	$	6,712		$	—	$	71,482	$	335,672	$	36,279
$	—	$	187		$	—	$	31		$	—	$	—	$	—	$	1,117

­ ­  279  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2007 (Unaudited)
(000’s Omitted)

	High Yield Municipal Bond			Income Allocation			Income
	Fund (b)			Fund *			Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market) @	$	66,761		$	49,611		$	388,894
Cash		—			—			—
Foreign currency on deposit with custodian #		—			—			2
Unrealized appreciation on forward foreign currency contracts		—			—			277
Unrealized appreciation on swap contracts		—			—			20
Receivables:
Investment securities sold		—			17			3,862
Fund shares sold		2,239			271			179
Dividends and interest		796			213			3,875
Variation margin		—			—			135
Other assets		59			46			32
Total assets		69,855			50,158			397,276
Liabilities:
Unrealized depreciation on forward foreign currency contracts		—			—			237
Unrealized depreciation on swap contracts		—			—			2
Bank overdraft — U.S. Dollars		—			—			166
Bank overdraft — foreign cash		—			—			—
Payable upon return of securities loaned (Note 2d)		—			—			54,756
Payables:
Investment securities purchased		3,976			—			5,659
Fund shares redeemed		51			104			191
Investment advisory and management fees (Note 3)		7			1			39
Dividends		100			—			191
Distribution fees (Note 3)		4			4			9
Variation margin		—			—			428
Accrued expenses		8			13			34
Written options contracts		—			—			—
Total liabilities		4,146			122			61,712
Net assets	$	65,709		$	50,036		$	335,564
Summary of Net Assets:
Capital stock and paid-in-capital	$	67,003		$	50,809		$	340,916
Accumulated undistributed (distribution in excess of) net investment income (loss)		39			11			95
Accumulated net realized gain (loss) on investments and foreign currency transactions		(284	)		(667	)		(964	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(1,049	)		(117	)		(4,483	)
Net assets	$	65,709		$	50,036		$	335,564
Shares authorized		650,000			400,000			300,000
Par value		0.001			0.001			0.001
Class A: Net asset value per share/Maximum offering price per share	$	9.46/$9.91		$	9.87/$10.34		$	10.14/$10.62
Shares outstanding		4,890			3,481			9,673
Net assets	$	46,261		$	34,347		$	98,047
Class B: Net asset value per share	$	9.46		$	9.86		$	10.14
Shares outstanding		141			583			971
Net assets	$	1,333		$	5,754		$	9,837
Class C: Net asset value per share	$	9.46		$	9.86		$	10.16
Shares outstanding		1,187			882			1,404
Net assets	$	11,236		$	8,697		$	14,263
Class I: Net asset value per share	$	9.47		$	9.87		$	—
Shares outstanding		727			114			—
Net assets	$	6,879		$	1,122		$	—
Class L: Net asset value per share/Maximum offering price per share	$	—		$	—		$	—
Shares outstanding		—			—			—
Net assets	$	—		$	—		$	—
Class R3: Net asset value per share		—		$	9.87		$	—
Shares outstanding		—			1			—
Net assets	$	—		$	10		$	—
Class R4: Net asset value per share		—		$	9.86		$	—
Shares outstanding		—			10			—
Net assets	$	—		$	96		$	—
Class R5: Net asset value per share		—		$	9.87		$	—
Shares outstanding		—			1			—
Net assets	$	—		$	10		$	—
Class Y: Net asset value per share		—			—		$	10.12
Shares outstanding		—			—			21,082
Net assets	$	—		$	—		$	213,417
@ Cost of securities	$	67,810		$	49,728		$	393,624
@ Market value of securities on loan	$	—		$	—		$	52,487
# Cost of foreign currency on deposit with custodian	$	—		$	—		$	2

*	Relates to investments in affiliated investment companies.
(4)	Formally known as The Hartford International Capital Appreciation Fund.
(b)	Commenced operations on May 1, 2007.
(c)	Commenced operations on November 30, 2006.

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

­ ­  280  ­ ­

Inflation Plus			International Growth		International Opportunities		International Small Company		LargeCap Growth		MidCap		MidCap Growth		MidCap Value
Fund			Fund (4)		Fund		Fund		Fund (c)		Fund		Fund		Fund
$	605,950		$	654,825	$	521,320	$	413,042	$	12,336	$	3,972,197	$	19,120	$	520,440
	—			4,095		3,291		141		—		—		1		1
	—			205		18		8		—		—		—		—
	—			21		—		11		—		16		—		—
	—			—		—		—		—		—		—		—
	266			3,416		1,807		2,803		—		89,516		—		3,595
	273			1,779		792		528		—		2,707		—		20
	2,339			440		374		563		6		659		5		140
	94			—		—		—		—		—		—		—
	62			58		45		43		49		54		11		18
	608,984			664,839		527,647		417,139		12,391		4,065,149		19,137		524,214
	—			—		3		2		—		2		—		2
	—			—		—		—		—		—		—		—
	—			—		—		—		—		—		—		—
	—			—		—		—		—		—		—		—
	—			29,411		80,639		74,865		—		687,231		—		83,868
	27,355			5,609		9,082		3,449		17		49,314		118		2,288
	503			753		483		195		2		3,862		11		358
	66			105		70		57		2		458		3		70
	217			—		—		—		—		—		—		—
	53			42		24		17		1		290		1		38
	394			—		—		—		—		—		—		—
	139			154		118		84		4		783		7		153
	352			—		—		—		—		—		—		—
	29,079			36,074		90,419		78,669		26		741,940		140		86,777
$	579,905		$	628,765	$	437,228	$	338,470	$	12,365	$	3,323,209	$	18,997	$	437,437
$	594,542		$	431,114	$	290,381	$	258,433	$	11,226	$	2,240,036	$	15,173	$	297,191
	1,990			—		1,318		1,907		—		11,863		—		(4	)
	(19,200	)		79,942		62,932		36,435		188		501,341		2,699		73,399
	2,573			117,709		82,597		41,695		951		569,969		1,125		66,851
$	579,905		$	628,765	$	437,228	$	338,470	$	12,365	$	3,323,209	$	18,997	$	437,437
	600,000			500,000		450,000		350,000		800,000		460,000		800,000		300,000
	0.001			0.001		0.001		0.001		0.001		0.001		0.001		0.001
$	10.66/$11.16		$	18.93/$20.03	$	21.79/$23.06	$	17.99/$19.04	$	11.07/$11.71	$	26.89/$28.46	$	13.16/$13.93	$	14.80/$15.66
	17,314			22,776		11,072		8,522		1,026		82,017		1,262		21,030
$	184,558		$	431,193	$	241,239	$	153,290	$	11,349	$	2,205,026	$	16,600	$	311,227
$	10.64		$	18.08	$	20.34	$	17.35	$	10.99	$	24.23	$	13.03	$	13.95
	6,445			2,852		1,846		1,128		33		18,779		55		4,371
$	68,593		$	51,577	$	37,545	$	19,562	$	360	$	454,927	$	713	$	60,957
$	10.63		$	18.10	$	20.16	$	17.16	$	10.99	$	24.40	$	13.02	$	13.96
	14,958			3,646		1,541		1,925		50		21,658		119		4,534
$	159,067		$	65,982	$	31,076	$	33,033	$	545	$	528,342	$	1,550	$	63,292
$	10.68		$	18.79	$	—	$	18.02	$	—	$	—	$	—	$	—
	328			188		—		10		—		—		—		—
$	3,501		$	3,543	$	—	$	174	$	—	$	—	$	—	$	—
$	—		$	—	$	—	$	—	$	—	$	—	$	—	$	—
	—			—		—		—		—		—		—		—
$	—		$	—	$	—	$	—	$	—	$	—	$	—	$	—
$	10.67		$	19.24	$	22.33	$	—	$	—	$	—	$	—	$	—
	1			1		1		—		—		—		—		—
$	10		$	15	$	28	$	—	$	—	$	—	$	—	$	—
$	10.67		$	19.30	$	22.39	$	—	$	—	$	—	$	—	$	—
	1			1		1		—		—		—		—		—
$	10		$	13	$	13	$	—	$	—	$	—	$	—	$	—
$	10.68		$	19.35	$	22.45	$	—	$	—	$	—	$	—	$	—
	1			1		1		—		—		—		—		—
$	11		$	13	$	13	$	—	$	—	$	—	$	—	$	—
$	10.69		$	19.38	$	22.48	$	18.26	$	11.09	$	28.74	$	13.19	$	15.39
	15,358			3,944		5,663		7,252		10		4,695		10		127
$	164,155		$	76,429	$	127,314	$	132,411	$	111	$	134,914	$	134	$	1,961
$	602,902		$	537,123	$	438,722	$	371,353	$	11,385	$	3,402,228	$	17,995	$	453,589
$	—		$	28,584	$	77,132	$	71,485	$	—	$	671,449	$	—	$	82,543
$	—		$	204	$	17	$	8	$	—	$	—	$	—	$	—

­ ­  281  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2007 (Unaudited)
(000’s Omitted)

	Money Market		Retirement Income		Select MidCap Growth
	Fund		Fund *		Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market) @	$	427,255	$	3,589	$	40,441
Cash		16		—		—
Foreign currency on deposit with custodian #		—		—		—
Unrealized appreciation on forward foreign currency contracts		—		—		—
Unrealized appreciation on swap contracts		—		—		—
Receivables:
Investment securities sold		—		—		—
Fund shares sold		1,795		10		74
Dividends and interest		649		11		7
Variation margin		—		—		—
Other assets		78		42		23
Total assets		429,793		3,652		40,545
Liabilities:
Unrealized depreciation on forward foreign currency contracts		—		—		—
Unrealized depreciation on swap contracts		—		—		—
Bank overdraft — U.S. Dollars		—		—		—
Bank overdraft — foreign cash		—		—		—
Payable upon return of securities loaned (Note 2d)		—		—		8,614
Payables:
Investment securities purchased		3,458		10		375
Fund shares redeemed		1,230		—		60
Investment advisory and management fees (Note 3)		40		—		4
Dividends		91		—		—
Distribution fees (Note 3)		33		—		3
Variation margin		—		—		—
Accrued expenses		90		4		19
Written options contracts		—		—		—
Total liabilities		4,942		14		9,075
Net assets	$	424,851	$	3,638	$	31,470
Summary of Net Assets:
Capital stock and paid-in-capital	$	424,851	$	3,523	$	25,063
Accumulated undistributed (distribution in excess of) net investment income (loss)		—		2		—
Accumulated net realized gain (loss) on investments and foreign currency transactions		—		47		3,880
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		—		66		2,527
Net assets	$	424,851	$	3,638	$	31,470
Shares authorized		2,850,000		950,000		800,000
Par value		0.001		0.001		0.001
Class A: Net asset value per share/Maximum offering price per share	$	1.00/$1.00	$	10.09/$10.68	$	12.73/$13.47
Shares outstanding		314,872		299		1,734
Net assets	$	314,872	$	3,016	$	22,074
Class B: Net asset value per share	$	1.00	$	10.10	$	12.50
Shares outstanding		29,219		21		361
Net assets	$	29,219	$	216	$	4,509
Class C: Net asset value per share	$	1.00	$	10.11	$	12.46
Shares outstanding		59,575		24		383
Net assets	$	59,575	$	244	$	4,772
Class I: Net asset value per share	$	—	$	—	$	—
Shares outstanding		—		—		—
Net assets	$	—	$	—	$	—
Class L: Net asset value per share/Maximum offering price per share	$	—	$	—	$	—
Shares outstanding		—		—		—
Net assets	$	—	$	—	$	—
Class R3: Net asset value per share	$	1.00	$	10.10	$	—
Shares outstanding		10		1		—
Net assets	$	10	$	11	$	—
Class R4: Net asset value per share	$	1.00	$	10.10	$	—
Shares outstanding		17,239		2		—
Net assets	$	17,239	$	16	$	—
Class R5: Net asset value per share	$	1.00	$	10.10	$	—
Shares outstanding		1,229		1		—
Net assets	$	1,229	$	11	$	—
Class Y: Net asset value per share	$	1.00	$	10.10	$	12.88
Shares outstanding		2,707		12		9
Net assets	$	2,707	$	124	$	115
@ Cost of securities	$	427,255	$	3,523	$	37,914
@ Market value of securities on loan	$	—	$	—	$	8,411
# Cost of foreign currency on deposit with custodian	$	—	$	—	$	—

* Relates to investments in affiliated investment companies.

(d) Commenced operation on May 15, 2007.

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

­ ­  282  ­ ­

Select MidCap Value			Select SmallCap Value		Short Duration			Small Company		SmallCap Growth		Stock			Strategic Income
Fund			Fund		Fund			Fund		Fund		Fund			Fund (d)			Target Retirement 2010 Fund *
$	118,742		$	110,638	$	198,428		$	872,176	$	558,319	$	1,082,192		$	90,724		$	9,382
	1			155		1			2		3		1			—			—
	—			—		—			—		—		—			57			—
	—			—		—			—		—		1			52			—
	—			—		—			—		—		—			2			—
	—			1,396		5,963			4,952		—		13,131			1,276			—
	54			73		63			1,375		205		256			2,806			6
	23			75		1,281			136		62		948			1,215			22
	23			11		—			126		19		—			4			—
	22			13		26			61		46		61			55			44
	118,865			112,361		205,762			878,828		558,654		1,096,590			96,191			9,454
	—			—		—			—		—		—			65			—
	—			—		—			—		—		—			—			—
	—			—		—			—		—		—			55			—
	—			—		—			—		—		1			—			—
	12,752			—		—			250,743		164,371		26,285			—			—
	—			690		—			2,612		917		8,566			11,047			6
	334			—		140			622		739		1,414			69			—
	15			21		22			95		61		150			8			—
	—			—		57			—		—		—			91			—
	4			1		7			37		22		93			6			1
	—			—		—			—		1		—			130			—
	27			18		35			141	��	198		484			9			7
	—			—		—			—		—		87			—			—
	13,132			730		261			254,250		166,309		37,080			11,480			14
$	105,733		$	111,631	$	205,501		$	624,578	$	392,345	$	1,059,510		$	84,711		$	9,440
$	99,837		$	103,116	$	209,973		$	483,527	$	334,454	$	1,129,838		$	84,767		$	8,726
	163			688		18			—		—		1,179			181			20
	10,141			7,408		(2,394	)		64,053		32,099		(149,500	)		(81	)		188
	(4,408	)		419		(2,096	)		76,998		25,792		77,993			(156	)		506
$	105,733		$	111,631	$	205,501		$	624,578	$	392,345	$	1,059,510		$	84,711		$	9,440
	800,000			800,000		300,000			500,000		27,000,000		450,000			700,000			950,000
	0.001			0.001		0.001			0.001		0.0001		0.001			0.001			0.001
$	12.17/$12.88		$	11.79/$12.48	$	9.82/$10.12		$	24.46/$25.88	$	33.57/$35.52	$	24.47/$25.89		$	9.75/$10.21		$	10.66/$11.28
	3,224			1,621		3,524			12,260		4,829		27,210			4,406			708
$	39,238		$	19,106	$	34,606		$	299,819	$	162,102	$	665,897		$	42,949		$	7,547
$	11.96		$	11.65	$	9.82		$	22.30	$	29.93	$	22.69		$	9.75		$	10.64
	361			50		646			2,357		580		7,506			271			50
$	4,322		$	587	$	6,349		$	52,549	$	17,352	$	170,341		$	2,644		$	533
$	11.95		$	11.66	$	9.82		$	22.32	$	29.85	$	22.89		$	9.76		$	10.64
	694			64		2,272			2,852		797		6,536			1,770			70
$	8,300		$	749	$	22,322		$	63,650	$	23,778	$	149,640		$	17,275		$	743
$	—		$	—	$	—		$	24.55	$	33.64	$	—		$	9.77		$	—
	—			—		—			158		137		—			1,148			—
$	—		$	—	$	—		$	3,886	$	4,614	$	—		$	11,212		$	—
$	—		$	—	$	—		$	—	$	33.78	$	—		$	—		$	—
	—			—		—			—		4,077		—			—			—
$	—		$	—	$	—		$	—	$	137,702	$	—		$	—		$	—
$	—		$	—	$	—		$	25.83	$	34.16	$	25.40			—		$	10.66
	—			—		—			7		—		2			—			1
$	—		$	—	$	—		$	181	$	11	$	42		$	—		$	11
$	—		$	—	$	—		$	25.91	$	34.26	$	25.47			—		$	10.66
	—			—		—			379		9		2			—			41
$	—		$	—	$	—		$	9,809	$	309	$	44		$	—		$	442
$	—		$	—	$	—		$	25.97	$	34.34	$	25.53			—		$	10.67
	—			—		—			23		—		—			—			1
$	—		$	—	$	—		$	588	$	11	$	11		$	—		$	11
$	12.21		$	11.80	$	9.81		$	26.00	$	34.38	$	25.56		$	9.76		$	10.66
	4,411			7,728		14,504			7,466		1,352		2,877			1,090			14
$	53,873		$	91,189	$	142,224		$	194,096	$	46,466	$	73,535		$	10,631		$	153
$	123,151		$	110,237	$	200,524		$	795,349	$	532,539	$	1,004,185		$	90,920		$	8,876
$	12,435		$	—	$	—		$	246,174	$	158,964	$	25,175		$	—		$	—
$	—		$	—	$	—		$	—	$	—	$	—		$	55		$	—

­ ­  283  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Assets and Liabilities — (continued)
October 31, 2007 (Unaudited)
(000’s Omitted)

					Tax-Free California
	Target Retirement 2020 Fund *		Target Retirement 2030 Fund *		Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market) @	$	20,179	$	16,721	$	44,255
Cash		—		—		—
Foreign currency on deposit with custodian #		—		—		—
Unrealized appreciation on forward foreign currency contracts		—		—		—
Unrealized appreciation on swap contracts		—		—		—
Receivables:
Investment securities sold		—		—		—
Fund shares sold		22		163		—
Dividends and interest		32		13		555
Variation margin		—		—		—
Other assets		37		38		8
Total assets		20,270		16,935		44,818
Liabilities:
Unrealized depreciation on forward foreign currency contracts		—		—		—
Unrealized depreciation on swap contracts		—		—		—
Bank overdraft — U.S. Dollars		—		—		—
Bank overdraft — foreign cash		—		—		—
Payable upon return of securities loaned (Note 2d)		—		—		—
Payables:
Investment securities purchased		22		39		—
Fund shares redeemed		—		2		42
Investment advisory and management fees (Note 3)		1		—		5
Dividends		—		—		30
Distribution fees (Note 3)		1		1		3
Variation margin		—		—		—
Accrued expenses		7		6		7
Written options contracts		—		—		—
Total liabilities		31		48		87
Net assets	$	20,239	$	16,887	$	44,731
Summary of Net Assets:
Capital stock and paid-in-capital	$	18,817	$	15,240	$	45,291
Accumulated undistributed (distribution in excess of) net investment income (loss)		25		48		14
Accumulated net realized gain (loss) on investments and foreign currency transactions		159		161		(272	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		1,238		1,438		(302	)
Net assets	$	20,239	$	16,887	$	44,731
Shares authorized		950,000		950,000		250,000
Par value		0.001		0.001		0.001
Class A: Net asset value per share/Maximum offering price per share	$	11.68/$12.36	$	10.92/$11.56	$	10.16/$10.64
Shares outstanding		1,516		1,398		3,705
Net assets	$	17,710	$	15,260	$	37,646
Class B: Net asset value per share	$	11.68	$	10.90	$	10.15
Shares outstanding		61		48		190
Net assets	$	717	$	522	$	1,932
Class C: Net asset value per share	$	11.67	$	10.89	$	10.17
Shares outstanding		56		37		506
Net assets	$	649	$	405	$	5,153
Class I: Net asset value per share	$	—	$	—	$	—
Shares outstanding		—		—		—
Net assets	$	—	$	—	$	—
Class L: Net asset value per share/Maximum offering price per share	$	—	$	—	$	—
Shares outstanding		—		—		—
Net assets	$	—	$	—	$	—
Class R3: Net asset value per share	$	11.67	$	10.88	$	—
Shares outstanding		1		1		—
Net assets	$	11	$	11	$	—
Class R4: Net asset value per share	$	11.67	$	10.91	$	—
Shares outstanding		97		59		—
Net assets	$	1,129	$	640	$	—
Class R5: Net asset value per share	$	11.68	$	10.93	$	—
Shares outstanding		1		1		—
Net assets	$	11	$	11	$	—
Class Y: Net asset value per share	$	11.68	$	10.95	$	—
Shares outstanding		1		3		—
Net assets	$	12	$	38	$	—
@ Cost of securities	$	18,941	$	15,283	$	44,557
@ Market value of securities on loan	$	—	$	—	$	—
# Cost of foreign currency on deposit with custodian	$	—	$	—	$	—

* Relates to investments in affiliated investment companies.

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

­ ­  284  ­ ­

Tax-Free Minnesota			Tax-Free National			Tax-Free New York			Total Return Bond			U.S. Government Securities			Value		Value Opportunities
Fund			Fund			Fund			Fund			Fund			Fund		Fund
$	35,844		$	181,079		$	15,368		$	1,305,997		$	203,197		$	422,816	$	308,564
	—			—			—			5,667			1			—		1
	—			—			—			1,117			—			—		—
	—			—			—			1,137			—			—		1
	—			—			—			83			—			—		—
	—			—			—			13,981			1			2,688		539
	23			2,731			—			4,569			692			80		799
	526			2,691			257			9,400			1,457			488		156
	—			—			—			909			80			—		—
	11			59			7			92			32			37		51
	36,404			186,560			15,632			1,342,952			205,460			426,109		310,111
	—			—			—			883			—			—		1
	—			—			—			296			—			—		—
	—			—			—			—			—			—		—
	—			—			—			—			—			—		—
	—			—			—			21,361			11,590			6,316		22,076
	223			2,254			—			182,683			—			1,906		1,189
	—			1,133			—			1,248			111			143		228
	5			25			2			115			21			63		47
	24			188			3			174			154			—		—
	1			11			1			61			10			9		20
	—			—			—			1,752			199			—		—
	10			24			4			257			49			71		76
	—			—			—			—			—			—		—
	263			3,635			10			208,830			12,134			8,508		23,637
$	36,141		$	182,925		$	15,622		$	1,134,122		$	193,326		$	417,601	$	286,474
$	35,772		$	183,109		$	15,559		$	1,146,395		$	213,613		$	333,588	$	232,032
	3			67			5			2,968			29			3,572		891
	(114	)		(887	)		(52	)		(8,716	)		(19,870	)		18,838		40,787
	480			636			110			(6,525	)		(446	)		61,603		12,764
$	36,141		$	182,925		$	15,622		$	1,134,122		$	193,326		$	417,601	$	286,474
	19,250,000			19,300,000			250,000			550,000			19,250,000			500,000		27,000,000
	0.0001			0.0001			0.001			0.001			0.0001			0.001		0.0001
$	9.94/$10.41		$	10.88/$11.39		$	10.14/$10.62		$	10.52/$11.02		$	9.06/$9.49		$	14.13/$14.95	$	18.24/$19.30
	998			10,612			1,112			57,149			6,004			6,301		8,644
$	9,923		$	115,459		$	11,276		$	601,301		$	54,414		$	89,023	$	157,671
$	9.96		$	10.80		$	10.14		$	10.47		$	9.02		$	13.78	$	16.75
	76			633			165			7,871			1,534			942		1,241
$	759		$	6,839		$	1,677		$	82,376		$	13,837		$	12,976	$	20,792
$	9.96		$	10.83		$	10.14		$	10.54		$	9.02		$	13.78	$	16.71
	56			2,074			263			8,046			1,606			995		1,959
$	561		$	22,467		$	2,669		$	84,793		$	14,488		$	13,710	$	32,738
$	—		$	10.90		$	—		$	10.52		$	—		$	14.15	$	18.13
	—			322			—			290			—			3		257
$	—		$	3,505		$	—		$	3,050		$	—		$	46	$	4,659
$	9.98		$	10.85		$	—		$	—		$	9.05		$	—	$	18.31
	294			773			—			—			3,499			—		2,354
$	2,933		$	8,380		$	—		$	—		$	31,681		$	—	$	43,102
$	—		$	—		$	—		$	10.64		$	—		$	14.00	$	18.56
	—			—			—			1			—			1		7
$	—		$	—		$	—		$	10		$	—		$	11	$	124
$	—		$	—		$	—		$	10.65		$	—		$	14.03	$	18.61
	—			—			—			275			—			1		39
$	—		$	—		$	—		$	2,928		$	—		$	11	$	732
$	—		$	—		$	—		$	10.64		$	—		$	14.07	$	18.66
	—			—			—			13			—			1		1
$	—		$	—		$	—		$	141		$	—		$	11	$	11
$	9.94		$	10.86		$	—		$	10.64		$	9.08		$	14.09	$	18.73
	2,209			2,420			—			33,784			8,691			21,416		1,422
$	21,965		$	26,275		$	—		$	359,523		$	78,906		$	301,813	$	26,645
$	35,364		$	180,443		$	15,258		$	1,312,664		$	203,755		$	361,213	$	295,800
$	—		$	—		$	—		$	20,530		$	11,253		$	6,319	$	21,563
$	—		$	—		$	—		$	1,063		$	—		$	—	$	—

­ ­  285  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Operations
For the Year Ended October 31, 2007
(000’s Omitted)

	Advisers			Balanced Allocation			Balanced Income
	Fund			Fund *			Fund
Investment Income:
Dividends	$	16,705		$	22,477		$	411
Interest		28,181			—			927
Securities lending		440			—			—
Less: Foreign tax withheld		(429	)		—			(5	)
Total investment income, net		44,897			22,477			1,333
Expenses:
Investment advisory and management fees		10,177			1,101			203
Transfer agent fees		3,456			893			22
Distribution fees
Class A		2,749			1,326			62
Class B		2,944			1,219			11
Class C		2,131			1,978			18
Class H (L)		—			—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			—			—
Class R4		—			1			—
Custodian fees		1			—			7
Accounting services		244			85			4
Registration and filing fees		134			144			49
Board of Directors’ fees		30			14			1
Interest expense		—			—			—
Other expenses		539			349			21
Total expenses (before waivers and fees paid indirectly)		22,405			7,110			398
Expense waivers		(813	)		(40	)		(40	)
Transfer agent fee waivers		—			—			—
Commission recapture		(79	)		—			—
Custodian fee offset		(6	)		—			—
Total waivers and fees paid indirectly		(898	)		(40	)		(40	)
Total expenses, net		21,507			7,070			358
Net investment income (loss)		23,390			15,407			975
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Capital gain distribution received from underlying affiliated funds		—			25,242			—
Net realized gain (loss) on investments		171,927			24,557			190
Net realized gain (loss) on futures, written options and swap contracts		558	(A)		—			12
Net realized gain (loss) on foreign currency transactions		(94	)		—			1
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		172,391			49,799			203
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		2,147			51,767			1,110
Net unrealized appreciation (depreciation) of futures, written options and swap contracts		(13	)		—			11
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		(17	)		—			25
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		2,117			51,767			1,146
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		174,508			101,566			1,349
Payment from Affiliate (See Note 3g on accompanying Notes to Financial Statements)		1,265			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	199,163		$	116,973		$	2,324

*	Relates to investments in affiliated investment companies.
(1)	Formally known as The Hartford Aggressive Growth Allocation Fund.
(a)	Commenced operations on May 31, 2007.
(L)	Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
(A)	Realized gains on written options were $558.
#	Realized gains on written options were $1,212.
(AA)	Realized gains on written options were $145.

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

­ ­  286  ­ ­

Capital Appreciation			Capital Appreciation II			Checks and Balances		Conservative Allocation			Disciplined Equity			Dividend and Growth			Equity Growth Allocation			Equity Income
Fund			Fund			Fund (a)		Fund *			Fund			Fund			Fund *(1)			Fund
$	225,921		$	9,368		$	913	$	6,110		$	5,876		$	87,572		$	1,582		$	26,670
	42,382			2,111			—		—			115			6,164			—			1,044
	2,963			361			—		—			23			1,298			—			56
	(9,600	)		(483	)		—		—			—			(1,577	)		—			(434	)
	261,666			11,357			913		6,110			6,014			93,457			1,582			27,336
	114,010			7,506			—		263			2,786			24,040			373			6,775
	25,294			1,338			43		160			711			6,165			501			1,174
	27,579			1,179			73		265			459			7,408			363			1,635
	19,990			617			33		232			336			3,867			404			496
	35,792			2,260			91		441			278			3,467			624			689
	—			—			—		—			—			—			—			—
	—			—			—		—			—			—			—			—
	—			—			—		—			—			—			—			—
	—			—			—		—			—			—			—			—
	—			1			—		—			—			—			2			—
	3			—			—		—			—			—			—			—
	350			16			—		—			12			6			—			5
	2,608			119			4		18			52			576			25			134
	826			164			19		93			84			272			103			154
	273			10			1		3			7			62			4			14
	—			—			—		—			—			—			—			—
	5,733			283			8		84			125			1,236			111			312
	232,458			13,493			272		1,559			4,850			47,099			2,510			11,388
	—			—			—		(67	)		(62	)		—			(100	)		(897	)
	—			—			—		—			(24	)		—			—			—
	(774	)		(45	)		—		—			(1	)		(61	)		—			(21	)
	(38	)		(5	)		—		—			(1	)		(5	)		—			(2	)
	(812	)		(50	)		—		(67	)		(88	)		(66	)		(100	)		(920	)
	231,646			13,443			272		1,492			4,762			47,033			2,410			10,468
	30,020			(2,086	)		641		4,618			1,252			46,424			(828	)		16,868
	—			—			—		2,853			—			—			10,946			—
	1,863,271			100,240			—		4,695			50,225			229,113			10,890			26,554
	1,212	#		—			—		—			107	(AA)		—			—			—
	(2,260	)		(60	)		—		—			—			—			—			—
	1,862,223			100,180			—		7,548			50,332			229,113			21,836			26,554
	2,368,221			140,401			8,145		5,004			(6,925	)		287,647			28,992			75,895
	—			—			—		—			56			—			—			—
	(75,281	)		(3	)		—		—			—			—			—			—
	2,292,940			140,398			8,145		5,004			(6,869	)		287,647			28,992			75,895
	4,155,163			240,578			8,145		12,552			43,463			516,760			50,828			102,449
	5,181			—			—		—			292			1,018			—			—
$	4,190,364		$	238,492		$	8,786	$	17,170		$	45,007		$	564,202		$	50,000		$	119,317

­ ­  287  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2007

(000’s Omitted)

	Floating Rate			Fundamental Growth			Global Communications
	Fund			Fund (2)			Fund
Investment Income:
Dividends	$	—		$	719		$	669
Interest		308,586			40			43
Securities lending		0			15			57
Less: Foreign tax withheld		—			(19	)		(75	)
Total investment income, net		308,586			755			694
Expenses:
Investment advisory and management fees		24,645			562			330
Transfer agent fees		2,065			155			97
Distribution fees
Class A		5,122			96			57
Class B		607			126			51
Class C		15,054			130			75
Class H (L)		—			—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			—			—
Class R4		—			—			—
Custodian fees		25			3			3
Accounting services		610			10			6
Registration and filing fees		495			42			42
Board of Directors’ fees		58			1			1
Interest expense		—			—			—
Other expenses		1,601			35			22
Total expenses (before waivers and fees paid indirectly)		50,282			1,160			684
Expense waivers		(31	)		(23	)		(9	)
Transfer agent fee waivers		—			—			(2	)
Commission recapture		—			(1	)		(1	)
Custodian fee offset		(21	)		—			—
Total waivers and fees paid indirectly		(52	)		(24	)		(12	)
Total expenses, net		50,230			1,136			672
Net investment income (loss)		258,356			(381	)		22
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Capital gain distribution received from underlying affiliated funds		—			—			—
Net realized gain (loss) on investments		(48,158	)		8,962			1,787
Net realized gain (loss) on futures, written options and swap contracts		—			—			—
Net realized gain (loss) on foreign currency transactions		(32	)		(2	)		(3	)
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(48,190	)		8,960			1,784
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(133,547	)		6,222			10,288
Net unrealized appreciation (depreciation) of futures, written options and swap contracts		—			—			—
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		530			—			(2	)
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(133,017	)		6,222			10,286
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(181,207	)		15,182			12,070
Payment from Affiliate (See Note 3g on accompanying Notes to Financial Statements)		—			193			6
Net Increase (Decrease) in Net Assets Resulting from Operations	$	77,149		$	14,994		$	12,098

*	Relates to investments in affiliated investment companies.
(2)	Formally known as The Hartford Focus Fund.
(3)	Formally known as The Hartford Global Leaders Fund.
(L)	Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  288  ­ ­

Global Financial Services			Global Growth			Global Health			Global Technology			Growth Allocation			Growth			Growth Opportunities			High Yield
Fund			Fund (3)			Fund			Fund			Fund *			Fund			Fund			Fund
$	983		$	6,371		$	8,697		$	316		$	11,744		$	10,237		$	14,722		$	10
	54			427			1,212			39			—			513			2,880			22,189
	6			298			356			5			—			102			839			208
	(84	)		(570	)		(339	)		(10	)		—			(256	)		(307	)		—
	959			6,526			9,926			350			11,744			10,596			18,134			22,407
	296			6,224			7,586			568			1,016			8,573			10,877			1,999
	82			2,007			1,493			312			1,159			1,645			2,402			611
	57			1,076			1,129			88			1,091			1,547			1,435			471
	40			736			821			132			1,251			408			398			354
	48			671			1,179			128			2,034			807			769			379
	—			—			—			—			—			42			95			—
	—			—			—			—			—			732			1,670			—
	—			—			—			—			—			45			60			—
	—			—			—			—			—			11			15			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			1			—
	8			37			7			6			—			14			90			65
	5			114			129			9			77			173			219			40
	41			103			115			63			136			181			189			93
	1			13			14			1			12			21			24			5
	—			—			—			—			—			—			—			—
	23			298			317			40			315			445			522			123
	601			11,279			12,790			1,347			7,091			14,644			18,766			4,140
	(16	)		(35	)		—			(152	)		(178	)		(75	)		(423	)		(574	)
	(5	)		(117	)		(5	)		(102	)		—			(25	)		(301	)		—
	—			(54	)		(36	)		(7	)		—			(81	)		(135	)		—
	—			(4	)		(2	)		(1	)		—			(4	)		(6	)		(8	)
	(21	)		(210	)		(43	)		(262	)		(178	)		(185	)		(865	)		(582	)
	580			11,069			12,747			1,085			6,913			14,459			17,901			3,558
	379			(4,543	)		(2,821	)		(735	)		4,831			(3,863	)		233			18,849
	—			—			—			—			28,415			—			—			—
	3,908			99,763			69,204			11,228			28,554			95,126			261,034			6,288
	—			—			—			—			—			—			—			149
	9			(43	)		(59	)		(5	)		—			61			56			(31	)
	3,917			99,720			69,145			11,223			56,969			95,187			261,090			6,406
	(1,517	)		142,477			11,985			5,067			73,180			158,395			273,873			(6,691	)
	—			—			—			—			—			—			—			112
	—			(23	)		(14	)		4			—			—			4			68
	(1,517	)		142,454			11,971			5,071			73,180			158,395			273,877			(6,511	)
	2,400			242,174			81,116			16,294			130,149			253,582			534,967			(105	)
	6			1,914			105			22			—			154			413			—
$	2,785		$	239,545		$	78,400		$	15,581		$	134,980		$	249,873		$	535,613		$	18,744

­ ­  289  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2007

(000’s Omitted)

	High Yield Municipal Bond			Income Allocation			Income
	Fund (b)			Fund *			Fund
Investment Income:
Dividends	$	—		$	2,296		$	—
Interest		757			—			15,134
Securities lending		—			—			63
Less: Foreign tax withheld		—			—			—
Total investment income, net		757			2,296			15,197
Expenses:
Investment advisory and management fees		78			67			1,379
Transfer agent fees		3			57			147
Distribution fees
Class A		27			76			168
Class B		4			55			88
Class C		20			79			121
Class H (L)		—			—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			—			—
Class R4		—			—			—
Custodian fees		—			—			8
Accounting services		2			4			34
Registration and filing fees		18			80			52
Board of Directors’ fees		—			1			3
Interest expense		—			—			—
Other expenses		10			30			86
Total expenses (before waivers and fees paid indirectly)		162			449			2,086
Expense waivers		(112	)		(100	)		(123	)
Transfer agent fee waivers		—			—			—
Commission recapture		—			—			—
Custodian fee offset		—			—			(3	)
Total waivers and fees paid indirectly		(112	)		(100	)		(126	)
Total expenses, net		50			349			1,960
Net investment income (loss)		707			1,947			13,237
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Capital gain distribution received from underlying affiliated funds		—			—			—
Net realized gain (loss) on investments		(284	)		(222	)		(511	)
Net realized gain (loss) on futures, written options and swap contracts		—			—			220
Net realized gain (loss) on foreign currency transactions		—			—			(1	)
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(284	)		(222	)		(292	)
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(1,049	)		66			(5,479	)
Net unrealized appreciation (depreciation) of futures, written options and swap contracts		—			—			202
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		—			—			193
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(1,049	)		66			(5,084	)
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(1,333	)		(156	)		(5,376	)
Payment from Affiliate (See Note 3g on accompanying Notes to Financial Statements)		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(626	)	$	1,791		$	7,861

*	Relates to investments in affiliated investment companies.
(4)	Formally known as The Hartford International Capital Appreciation Fund.
(b)	Commenced operations on May 1, 2007.
(c)	Commenced operations on November 30, 2006.
(L)	Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
(D)	Realized gains on written options were $78.

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

­ ­  290  ­ ­

Inflation Plus			International Growth			International Opportunities			International Small Company			LargeCap Growth			MidCap			MidCap Growth			MidCap Value
Fund			Fund (4)			Fund			Fund			Fund (c)			Fund			Fund			Fund
$	—		$	6,344		$	6,581		$	4,440		$	93		$	40,108		$	123		$	6,151
	24,799			859			357			434			11			3,708			14			254
	—			309			376			390			—			799			—			149
	—			(747	)		(961	)		(435	)		—			(304	)		(1	)		(211	)
	24,799			6,765			6,353			4,829			104			44,311			136			6,343
	3,502			3,816			3,010			2,429			65			23,370			133			3,865
	570			1,018			816			400			2			5,402			13			1,045
	537			784			485			286			23			5,096			37			805
	774			412			324			162			3			4,604			6			645
	1,853			522			245			262			4			5,165			12			658
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	17			40			29			34			2			23			9			10
	89			64			53			40			2			479			2			68
	128			132			94			75			46			162			48			51
	11			7			6			4			1			52			1			8
	1,062			—			—			—			—			—			—			—
	226			183			158			133			12			1,018			20			169
	8,769			6,978			5,220			3,825			160			45,371			281			7,324
	(1,041	)		(4	)		(36	)		(15	)		(43	)		—			(104	)		(51	)
	—			(10	)		(56	)		(16	)		—			—			—			—
	—			(36	)		(6	)		(3	)		—			(294	)		—			(17	)
	(2	)		(4	)		(3	)		(1	)		—			(11	)		(1	)		—
	(1,043	)		(54	)		(101	)		(35	)		(43	)		(305	)		(105	)		(68	)
	7,726			6,924			5,119			3,790			117			45,066			176			7,256
	17,073			(159	)		1,234			1,039			(13	)		(755	)		(40	)		(913	)
	—			—			—			—			—			—			—			—
	(4,234	)		83,144			65,411			38,116			212			515,483			2,761			74,598
	3,388	(D)		(416	)		—			—			(12	)		—			(1	)		—
	(166	)		(233	)		28			(104	)		—			203			—			7
	(1,012	)		82,495			65,439			38,012			200			515,686			2,760			74,605
	13,384			69,179			54,271			25,587			951			206,439			552			(4,689	)
	(408	)		—			—			—			—			—			—			—
	103			23			37			3			—			(3	)		—			—
	13,079			69,202			54,308			25,590			951			206,436			552			(4,689	)
	12,067			151,697			119,747			63,602			1,151			722,122			3,312			69,916
	—			6			28			—			—			2,459			24			55
$	29,140		$	151,544		$	121,009		$	64,641		$	1,138		$	723,826		$	3,296		$	69,058

­ ­  291  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2007

(000’s Omitted)

	Money Market			Retirement Income			Select MidCap Growth
	Fund			Fund *			Fund
Investment Income:
Dividends	$	—		$	78		$	247
Interest		16,876			—			13
Securities lending		—			—			15
Less: Foreign tax withheld		—			—			—
Total investment income, net		16,876			78			275
Expenses:
Investment advisory and management fees		1,578			3			229
Transfer agent fees		853			1			98
Distribution fees
Class A		628			4			51
Class B		267			2			40
Class C		318			2			43
Class H (L)		—			—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			—			—
Class R4		4			—			—
Custodian fees		—			—			4
Accounting services		47			—			4
Registration and filing fees		122			70			44
Board of Directors’ fees		5			—			1
Interest expense		—			—			—
Other expenses		93			12			29
Total expenses (before waivers and fees paid indirectly)		3,915			94			543
Expense waivers		(500	)		(82	)		(78	)
Transfer agent fee waivers		—			—			(6	)
Commission recapture		—			—			—
Custodian fee offset		(1	)		—			(2	)
Total waivers and fees paid indirectly		(501	)		(82	)		(86	)
Total expenses, net		3,414			12			457
Net investment income (loss)		13,462			66			(182	)
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Capital gain distribution received from underlying affiliated funds		—			17			—
Net realized gain (loss) on investments		—			36			4,248
Net realized gain (loss) on futures, written options and swap contracts		—			—			2
Net realized gain (loss) on foreign currency transactions		—			—			—
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		—			53			4,250
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		—			51			1,185
Net unrealized appreciation (depreciation) of futures, written options and swap contracts		—			—			—
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		—			—			—
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		—			51			1,185
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		—			104			5,435
Payment from Affiliate (See Note 3g on accompanying Notes to Financial Statements)		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	13,462		$	170		$	5,253

*	Relates to investments in affiliated investment companies.
(d)	Commenced operations on May 15, 2007.
(L)	Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
(I)	Realized gains on written options were $110.

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

­ ­  292  ­ ­

																		Strategic
Select MidCap Value			Select SmallCap Value			Short Duration			Small Company			SmallCap Growth			Stock			Income			Target Retirement 2010
Fund			Fund			Fund			Fund			Fund			Fund			Fund (d)			Fund*
$	1,082		$	1,892		$	—		$	3,493		$	2,963		$	17,804		$	—		$	189
	87			259			10,471			816			473			271			1,425			—
	10			—			—			607			1,370			260			—			—
	—			(3	)		—			(79	)		—			(455	)		—			—
	1,179			2,148			10,471			4,837			4,806			17,880			1,425			189
	537			1,025			1,068			4,125			3,671			8,574			98			9
	128			10			88			971			1,301			3,345			8			2
	103			45			72			600			616			1,712			30			13
	44			4			63			528			187			1,999			6			4
	84			4			159			555			252			1,562			30			6
	—			—			—			—			38			—			—			—
	—			—			—			—			343			—			—			—
	—			—			—			—			40			—			—			—
	—			—			—			—			16			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			5			—			—			—			—
	—			10			4			14			36			20			1			—
	10			15			29			75			68			175			3			1
	49			48			48			111			172			113			19			70
	1			2			3			8			8			20			—			—
	—			—			—			—			—			—			—			—
	44			54			86			197			260			428			10			16
	1,000			1,217			1,620			7,189			7,008			17,948			205			121
	(56	)		—			(75	)		(96	)		(632	)		(841	)		(98	)		(82	)
	(3	)		—			—			(14	)		(253	)		(89	)		—			—
	—			—			—			(50	)		(16	)		(89	)		—			—
	(5	)		(4	)		(2	)		(3	)		(4	)		(5	)		—			—
	(64	)		(4	)		(77	)		(163	)		(905	)		(1,024	)		(98	)		(82	)
	936			1,213			1,543			7,026			6,103			16,924			107			39
	243			935			8,928			(2,189	)		(1,297	)		956			1,318			150
	—			—			—			—			—			—			—			65
	10,176			7,333			(198	)		66,301			33,739			170,446			(204	)		141
	79			31			—			10			1,023			110	(I)		123			—
	—			—			—			(37	)		—			(102	)		89			—
	10,255			7,364			(198	)		66,274			34,762			170,454			8			206
	(10,488	)		(910	)		(1,432	)		40,822			(4,338	)		6,692			(324	)		461
	1			13			—			168			(323	)		(14	)		60			—
	—			—			—			2			—			(18	)		108			—
	(10,487	)		(897	)		(1,432	)		40,992			(4,661	)		6,660			(156	)		461
	(232	)		6,467			(1,630	)		107,266			30,101			177,114			(148	)		667
	—			—			—			1,808			39			1,568			—			—
$	11		$	7,402		$	7,298		$	106,885		$	28,843		$	179,638		$	1,170		$	817

­ ­  293  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Statements of Operations — (continued)

For the Year Ended October 31, 2007

(000’s Omitted)

	Target Retirement 2020			Target Retirement 2030			Tax-Free California
	Fund *			Fund *			Fund
Investment Income:
Dividends	$	242		$	118		$	—
Interest		—			—			1,730
Securities lending		—			—			—
Less: Foreign tax withheld		—			—			—
Total investment income, net		242			118			1,730
Expenses:
Investment advisory and management fees		16			13			198
Transfer agent fees		8			10			9
Distribution fees
Class A		25			20			75
Class B		5			4			18
Class C		5			3			44
Class H (L)		—			—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			—			—
Class R4		—			—			—
Custodian fees		—			—			1
Accounting services		1			1			5
Registration and filing fees		71			70			6
Board of Directors’ fees		—			—			1
Interest expense		—			—			—
Other expenses		16			15			22
Total expenses (before waivers and fees paid indirectly)		147			136			379
Expense waivers		(83	)		(83	)		(27	)
Transfer agent fee waivers		—			(1	)		—
Commission recapture		—			—			—
Custodian fee offset		—			—			(1	)
Total waivers and fees paid indirectly		(83	)		(84	)		(28	)
Total expenses, net		64			52			351
Net investment income (loss)		178			66			1,379
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Capital gain distribution received from underlying affiliated funds		102			99			—
Net realized gain (loss) on investments		90			88			(267	)
Net realized gain (loss) on futures, written options and swap contracts		—			—			—
Net realized gain (loss) on foreign currency transactions		—			—			—
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		192			187			(267	)
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		1,155			1,356			(1,256	)
Net unrealized appreciation (depreciation) of futures, written options and swap contracts		—			—			—
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		—			—			—
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		1,155			1,356			(1,256	)
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		1,347			1,543			(1,523	)
Payment from Affiliate (See Note 3g on accompanying Notes to Financial Statements)		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	1,525		$	1,609		$	(144	)

*	Relates to investments in affiliated investment companies.
(L)	Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  294  ­ ­

Tax-Free Minnesota			Tax-Free National			Tax-Free New York			Total Return Bond			U.S. Government Securities			Value			Value Opportunities
Fund			Fund			Fund			Fund			Fund			Fund			Fund
$	—		$	—		$	—		$	—		$	—		$	7,834		$	4,491
	1,777			7,992			758			57,180			11,095			411			250
	—			—			—			278			22			26			78
	—			—			—			—			—			(42	)		(256	)
	1,777			7,992			758			57,458			11,117			8,229			4,563
	261			1,159			88			5,403			1,070			3,007			2,132
	8			61			2			1,522			215			247			439
	22			239			29			1,295			119			215			347
	8			72			18			814			152			128			208
	7			188			27			792			103			137			277
	—			—			—			—			5			—			10
	8			21			—			—			80			—			108
	—			3			—			—			6			—			20
	—			1			—			—			2			—			6
	—			—			—			—			—			—			—
	—			—			—			1			—			—			—
	1			3			1			18			8			5			20
	4			22			2			151			25			56			35
	11			88			6			149			75			89			136
	1			3			1			17			4			6			4
	—			—			—			—			—			—			—
	34			73			16			403			97			152			114
	365			1,933			190			10,565			1,961			4,042			3,856
	(75	)		(441	)		(20	)		(554	)		(163	)		(10	)		(179	)
	—			—			—			—			(6	)		—			(4	)
	—			—			—			—			—			(10	)		(6	)
	(1	)		(2	)		(1	)		(6	)		—			(1	)		(1	)
	(76	)		(443	)		(21	)		(560	)		(169	)		(21	)		(190	)
	289			1,490			169			10,005			1,792			4,021			3,666
	1,488			6,502			589			47,453			9,325			4,208			897
	—			—			—			—			—			—			—
	(114	)		(887	)		(52	)		(556	)		(29	)		18,974			41,296
	—			—			—			1,541			(1,084	)		—			—
	—			—			—			2,087			(1	)		—			(4	)
	(114	)		(887	)		(52	)		3,072			(1,114	)		18,974			41,292
	(1,098	)		(5,677	)		(486	)		(11,246	)		(2,371	)		35,852			(23,145	)
	—			—			—			(170	)		74			—			—
	—			—			—			1,797			—			—			1
	(1,098	)		(5,677	)		(486	)		(9,619	)		(2,297	)		35,852			(23,144	)
	(1,212	)		(6,564	)		(538	)		(6,547	)		(3,411	)		54,826			18,148
	—			—			—			—			—			11			16
$	276		$	(62	)	$	51		$	40,906		$	5,914		$	59,045		$	19,061

­ ­  295  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets

(000’s Omitted)

	Advisers Fund						Balanced Allocation Fund *
										For the Period
	For the Year			For the Year			For the Year			July 31, 2006 **
	Ended			Ended			Ended			through
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	23,390		$	28,925		$	15,407		$	7,389
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		172,391			192,670			49,799			18,415
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		2,117			(37,019	)		51,767			36,316
Payment from affiliate		1,265			—			—			—
Net increase (decrease) in net assets resulting from operations		199,163			184,576			116,973			62,120
Distributions to Shareholders:
From net investment income
Class A		(19,328	)		(21,102	)		(15,079	)		(6,476	)
Class B		(2,614	)		(4,044	)		(2,566	)		(1,012	)
Class C		(2,237	)		(2,643	)		(4,197	)		(1,529	)
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			(27	)		—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			(1	)		—
Class R4		—			—			(8	)		—
Class R5		—			—			(4	)		—
Class Y		(418	)		(381	)		—			—
Class Z (L)		—			—			—			—
From net realized gain on investments
Class A		(6,251	)		—			(10,441	)		(535	)
Class B		(1,942	)		—			(2,511	)		(147	)
Class C		(1,238	)		—			(3,938	)		(208	)
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			(8	)		—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(99	)		—			—			—
Class Z (L)		—			—			—			—
Total distributions		(34,127	)		(28,170	)		(38,780	)		(9,907	)
Capital Share Transactions:
Class A		(133,135	)		(213,361	)		106,188			158,776
Class B		(124,064	)		(129,449	)		15,343			28,305
Class C		(34,409	)		(54,492	)		35,931			55,648
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			499			348
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		10			—			110			—
Class R4		52			—			2,595			—
Class R5		10			—			691			—
Class Y		317			929			—			—
Class Z (L)		—			—			—			—
Net increase (decrease) from capital share transactions		(291,219	)		(396,373	)		161,357			243,077
Net increase (decrease) in net assets		(126,183	)		(239,967	)		239,550			295,290
Net Assets:
Beginning of period		1,689,386			1,929,353			734,035			438,745
End of period	$	1,563,203		$	1,689,386		$	973,585		$	734,035
Accumulated undistributed (distribution in excess of) net investment income	$	2,040		$	3,002		$	1,193		$	495

*	Relates to investments in affiliated investment companies.
**	Commencement of operations.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  296  ­ ­

Balanced Income Fund						Capital Appreciation Fund						Capital Appreciation II Fund						Checks and Balances Fund
For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			For the Period
Ended			Ended			Ended			Ended			Ended			Ended			May 31, 2007 ** through
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007
$	975		$	93		$	30,020		$	27,889		$	(2,086	)	$	(777	)	$	641
	203			(22	)		1,862,223			1,151,100			100,180			8,124			—
	1,146			436			2,292,940			876,917			140,398			22,928			8,145
	—			—			5,181			—			—			—			—
	2,324			507			4,190,364			2,055,906			238,492			30,275			8,786
	(786	)		(57	)		(33,636	)		—			—			—			(374	)
	(30	)		(1	)		—			—			—			—			(30	)
	(50	)		(1	)		—			—			—			—			(79	)
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			(197	)		—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	(4	)		(1	)		(4,697	)		—			—			—			—
	—			—			—			—			—			—			—
	—			—			(715,257	)		(572,137	)		(5,732	)		(813	)		—
	—			—			(156,558	)		(164,902	)		(710	)		(92	)		—
	—			—			(249,010	)		(185,821	)		(2,391	)		(283	)		—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			(501	)		—			(201	)		—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			(35,768	)		(21,922	)		(3	)		(4	)		—
	—			—			—			—			—			—			—
	(870	)		(60	)		(1,195,624	)		(944,782	)		(9,037	)		(1,192	)		(483	)
	27,689			11,094			2,431,543			2,499,576			443,858			164,838			166,707
	1,922			293			41,383			104,641			58,670			20,583			19,089
	3,761			387			850,051			931,993			253,343			70,917			53,328
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			132,728			5,082			69,323			3,203			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			34			—			386			—			—
	—			—			14,997			—			11			—			—
	—			—			1,139			—			121			—			—
	4			101			479,269			133,818			3			(254	)		—
	—			—			—			—			—			—			—
	33,376			11,875			3,951,144			3,675,110			825,715			259,287			239,124
	34,830			12,322			6,945,884			4,786,234			1,055,170			288,370			247,427
	12,322			—			14,569,049			9,782,815			371,520			83,150			—
$	47,152		$	12,322		$	21,514,933		$	14,569,049		$	1,426,690		$	371,520		$	247,427
$	147		$	42		$	81,407		$	24,853		$	(688	)	$	(194	)	$	220

­ ­  297  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Conservative Allocation Fund *						Disciplined Equity Fund
	For the Year			For the Year			For the Year			For the Year
	Ended			Ended			Ended			Ended
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	4,618		$	2,841		$	1,252		$	1,769
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		7,548			4,184			50,332			19,680
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		5,004			4,918			(6,869	)		24,046
Payment from affiliate		—			—			292			—
Net increase (decrease) in net assets resulting from operations		17,170			11,943			45,007			45,495
Distributions to Shareholders:
From net investment income
Class A		(3,533	)		(2,296	)		(1,382	)		(305	)
Class B		(622	)		(371	)		(40	)		—
Class C		(1,157	)		(698	)		(19	)		—
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		(54	)		—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		(2	)		—			—			—
Class R5		(2	)		—			—			—
Class Y		—			—			(659	)		(573	)
Class Z (L)		—			—			—			—
From net realized gain on investments
Class A		(2,432	)		(772	)		—			—
Class B		(541	)		(162	)		—			—
Class C		(933	)		(301	)		—			—
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			—			—
Class Z (L)		—			—			—			—
Total distributions		(9,276	)		(4,600	)		(2,100	)		(878	)
Capital Share Transactions:
Class A		23,133			18,487			(34,732	)		(42,915	)
Class B		4,085			5,262			(9,835	)		(8,227	)
Class C		8,445			6,806			(6,068	)		(7,938	)
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		1,372			10			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		19			—			10			—
Class R4		419			—			10			—
Class R5		684			—			10			—
Class Y		—			—			(71,369	)		73,479
Class Z (L)		—			—			—			—
Net increase (decrease) from capital share transactions		38,157			30,565			(121,974	)		14,399
Net increase (decrease) in net assets		46,051			37,908			(79,067	)		59,016
Net Assets:
Beginning of period		150,419			112,511			423,815			364,799
End of period	$	196,470		$	150,419		$	344,748		$	423,815
Accumulated undistributed (distribution in excess of) net investment income	$	423		$	262		$	686		$	1,454

*	Relates to investments in affiliated investment companies.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
(1)	Formerly known as The Hartford Aggressive Growth Allocation Fund.

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

­ ­  298  ­ ­

Dividend and Growth Fund						Equity Growth Allocation Fund *(1)						Equity Income Fund						Floating Rate Fund
For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year
Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
$	46,424		$	36,502		$	(828	)	$	(960	)	$	16,868		$	10,142		$	258,356		$	78,527
	229,113			217,765			21,836			5,650			26,554			26,401			(48,190	)		85
	287,647			274,628			28,992			16,350			75,895			55,584			(133,017	)		(3,986	)
	1,018			—			—			—			—			—			—			—
	564,202			528,895			50,000			21,040			119,317			92,127			77,149			74,626
	(37,212	)		(30,971	)		(2,190	)		(498	)		(12,051	)		(9,508	)		(136,560	)		(50,770	)
	(1,617	)		(1,759	)		(428	)		(30	)		(495	)		(503	)		(3,576	)		(1,203	)
	(1,949	)		(1,845	)		(664	)		(51	)		(767	)		(793	)		(89,045	)		(22,840	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(14	)		—			—			—			(13	)		—			(26,124	)		(276	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			(4	)		—
	(1	)		—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			(6	)		—
	(2,241	)		(2,148	)		—			—			(2,902	)		(86	)		(5,224	)		(2,763	)
	—			—			—			—			—			—			—			—
	(164,850	)		(83,984	)		(2,496	)		(33	)		(20,565	)		(1,087	)		—			—
	(23,203	)		(13,875	)		(715	)		(12	)		(1,677	)		(97	)		—			—
	(20,178	)		(11,357	)		(1,115	)		(19	)		(2,383	)		(149	)		—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(2	)		—			—			—			(4	)		—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(7,549	)		(4,558	)		—			—			(1,849	)		(2	)		—			—
	—			—			—			—			—			—			—			—
	(258,816	)		(150,497	)		(7,608	)		(643	)		(42,706	)		(12,225	)		(260,540	)		(77,852	)
	372,656			230,196			32,237			46,720			174,908			84,470			584,619			1,332,988
	167			(19,449	)		7,666			9,636			5,152			3,668			31,641			36,573
	21,475			1,114			11,542			13,717			5,519			131			1,110,429			737,213
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	1,802			10			43			10			750			106			366,570			61,874
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	168			—			910			—			93			—			290			—
	1,991			—			418			—			10			—			11			—
	193			—			70			—			10			—			211			—
	110,477			3,558			—			—			110,119			6,044			56,559			40,849
	—			—			—			—			—			—			—			—
	508,929			215,429			52,886			70,083			296,561			94,419			2,150,330			2,209,497
	814,315			593,827			95,278			90,480			373,172			174,321			1,966,939			2,206,271
	3,442,838			2,849,011			201,440			110,960			642,133			467,812			2,484,187			277,916
$	4,257,153		$	3,442,838		$	296,718		$	201,440		$	1,015,305		$	642,133		$	4,451,126		$	2,484,187
$	4,527		$	920		$	—		$	—		$	1,289		$	665		$	1,747		$	2,092

­ ­  299  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Fundamental Growth						Global Communications
	Fund (2)						Fund
	For the Year Ended			For the Year Ended			For the Year Ended			For the Year Ended
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	(381	)	$	(110	)	$	22		$	469
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		8,960			9,782			1,784			3,642
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		6,222			(4,066	)		10,286			(1,714	)
Payment from affiliate		193			—			6			—
Net increase (decrease) in net assets resulting from operations		14,994			5,606			12,098			2,397
Distributions to Shareholders:
From net investment income
Class A		—			(316	)		(304	)		(265	)
Class B		—			—			(61	)		(29	)
Class C		—			—			(78	)		(27	)
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			(5	)		(20	)		(12	)
Class Z (L)		—			—			—			—
From net realized gain on investments
Class A		—			—			(50	)		—
Class B		—			—			(12	)		—
Class C		—			—			(16	)		—
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			(3	)		—
Class Z (L)		—			—			—			—
Total distributions		—			(321	)		(544	)		(333	)
Capital Share Transactions:
Class A		(9,466	)		(13,031	)		5,601			53
Class B		(3,729	)		(2,988	)		456			907
Class C		(2,306	)		(4,749	)		3,314			2,063
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(191	)		(21	)		(317	)		237
Class Z (L)		—			—			—			—
Net increase (decrease) from capital share transactions		(15,692	)		(20,789	)		9,054			3,260
Net increase (decrease) in net assets		(698	)		(15,504	)		20,608			5,324
Net Assets:
Beginning of period		66,929			82,433			27,528			22,204
End of period	$	66,231		$	66,929		$	48,136		$	27,528
Accumulated undistributed (distribution in excess of) net investment income	$	—		$	—		$	(3	)	$	368

(2)	Formally known as The Hartford Focus Fund.
(3)	Formally known as The Hartford Global Leaders Fund.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  300  ­ ­

Global Financial Services						Global Growth						Global Health						Global Technology
Fund						Fund (3)						Fund						Fund
For the Year Ended			For the Year Ended			For the Year Ended			For the Year Ended			For the Year Ended			For the Year Ended			For the Year Ended			For the Year Ended
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
$	379		$	224		$	(4,543	)	$	(2,107	)	$	(2,821	)	$	(3,491	)	$	(735	)	$	(632	)
	3,917			2,138			99,720			36,269			69,145			32,118			11,223			4,920
	(1,517	)		2,247			142,454			71,332			11,971			56,374			5,071			2,424
	6			—			1,914			—			105			—			22			—
	2,785			4,609			239,545			105,494			78,400			85,001			15,581			6,712
	(170	)		(136	)		—			(390	)		—			—			—			—
	(7	)		(13	)		—			—			—			—			—			—
	(13	)		(8	)		—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(10	)		(10	)		—			(529	)		—			—			—			—
	—			—			—			—			—			—			—			—
	(1,199	)		—			(21,115	)		(4,725	)		(14,366	)		(12,743	)		—			—
	(238	)		—			(4,013	)		(945	)		(3,261	)		(4,508	)		—			—
	(255	)		—			(3,527	)		(851	)		(3,961	)		(4,593	)		—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			(28	)		—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(56	)		—			(8,887	)		(936	)		(7,108	)		(9,979	)		—			—
	—			—			—			—			—			—			—			—
	(1,948	)		(167	)		(37,542	)		(8,376	)		(28,724	)		(31,823	)		—			—
	2,363			4,383			(39,418	)		(62,248	)		112,453			135,221			4,442			2,124
	(69	)		27			(14,043	)		(14,964	)		(1,331	)		3,929			(1,335	)		(1,251	)
	1,007			711			(7,369	)		(15,195	)		33,372			19,185			880			(509	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			13,622			784			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			10			—			111			—			—			—
	—			—			10			—			481			—			—			—
	—			—			10			—			439			—			—			—
	534			11			(26,063	)		69,172			7,304			6,834			1,110	��		56
	—			—			—			—			—			—			—			—
	3,835			5,132			(86,863	)		(23,235	)		166,451			165,953			5,097			420
	4,672			9,574			115,140			73,883			216,127			219,131			20,678			7,132
	30,221			20,647			728,036			654,153			742,414			523,283			58,811			51,679
$	34,893		$	30,221		$	843,176		$	728,036		$	958,541		$	742,414		$	79,489		$	58,811
$	374		$	180		$	(1	)	$	(1,589	)	$	9		$	—		$	—		$	—

­ ­  301  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Growth Allocation							Growth
	Fund *							Fund
	For the Year			For the Year				For the Year			For the Year
	Ended			Ended				Ended			Ended
	October 31, 2007			October 31, 2006				October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	4,831		$	1,067			$	(3,863	)	$	(4,664	)
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		56,969			16,739				95,187			91,434
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		73,180			42,499				158,395			(13,106	)
Payment from affiliate		—			—				154			—
Net increase (decrease) in net assets resulting from operations		134,980			60,305				249,873			73,664
Distributions to Shareholders:
From net investment income
Class A		(7,234	)		(2,497	)	��		—			—
Class B		(1,483	)		(354	)			—			—
Class C		(2,548	)		(533	)			—			—
Class E (L)		—			—				—			—
Class H (L)		—			—				—			—
Class I		(5	)		—				—			—
Class L		—			—				—			—
Class M (L)		—			—				—			—
Class N (L)		—			—				—			—
Class R3		—			—				—			—
Class R4		—			—				—			—
Class R5		—			—				—			—
Class Y		—			—				—			—
Class Z (L)		—			—				—			—
From net realized gain on investments
Class A		(8,062	)		(180	)			(45,649	)		—
Class B		(2,375	)		(58	)			(3,502	)		—
Class C		(3,987	)		(89	)			(6,798	)		—
Class E (L)		—			—				—			—
Class H (L)		—			—				(1,203	)		—
Class I		—			—				(1,187	)		—
Class L		—			—				(19,029	)		—
Class M (L)		—			—				(1,264	)		—
Class N (L)		—			—				(300	)		—
Class R3		—			—				—			—
Class R4		—			—				—			—
Class R5		—			—				—			—
Class Y		—			—				(7,557	)		—
Class Z (L)		—			—				—			—
Total distributions		(25,694	)		(3,711	)			(86,489	)		—
Capital Share Transactions:
Class A		70,608			132,987				(165,249	)		30,454
Class B		17,733			32,436				(7,550	)		(4,655	)
Class C		28,652			65,914				(10,245	)		(1,589	)
Class E (L)		—			—				—			—
Class H (L)		—			—				(30,977	)		(5,667	)
Class I		702			10				28,927			1,972
Class L		—			—				33,986			(40,151	)
Class M (L)		—			—				(26,366	)		(4,227	)
Class N (L)		—			—				(7,503	)		(799	)
Class R3		50			—				14			—
Class R4		308			—				262			—
Class R5		757			—				56			—
Class Y		—			—				(40,641	)		74,184
Class Z (L)		—			—				—			—
Net increase (decrease) from capital share transactions		118,810			231,347				(225,286	)		49,522
Net increase (decrease) in net assets		228,096			287,941				(61,902	)		123,186
Net Assets:
Beginning of period		659,350			371,409				1,279,060			1,155,874
End of period	$	887,446		$	659,350			$	1,217,158		$	1,279,060
Accumulated undistributed (distribution in excess of) net investment income	$	1,739		$	—			$	—		$	—

*	Relates to investments in affiliated investment companies.
**	Commencement of operations.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  302  ­ ­

Growth Opportunities						High Yield									Income Allocation
Fund						Fund						High Yield Municipal Bond Fund			Fund*
												For the Period
For the Year			For the Year			For the Year			For the Year			May 1, 2007**			For the Year			For the Year
Ended			Ended			Ended			Ended			through			Ended			Ended
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2007			October 31, 2006
$	233		$	(3,351	)	$	18,849		$	19,942		$	707		$	1,947		$	1,414
	261,090			91,760			6,406			(3,784	)		(284	)		(222	)		(362	)
	273,877			40,740			(6,511	)		10,649			(1,049	)		66			486
	413			—			—			—			—			—			—
	535,613			129,149			18,744			26,807			(626	)		1,791			1,538
	—			—			(13,611	)		(13,101	)		(529	)		(1,401	)		(961	)
	—			—			(2,286	)		(2,531	)		(16	)		(208	)		(181	)
	—			—			(2,480	)		(2,704	)		(82	)		(301	)		(308	)
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			(1	)		—			(57	)		(31	)		—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			(1	)		—			—			—			—
	—			—			(1	)		—			—			(1	)		—
	—			—			(1	)		—			—			—			—
	—			—			(306	)		(1,794	)		—			—			—
	—			—			—			—			—			—			—
	(30,496	)		(16,437	)		—			—			—			—			(29	)
	(2,833	)		(1,683	)		—			—			—			—			(7	)
	(3,986	)		(1,629	)		—			—			—			—			(12	)
	—			—			—			—			—			—			—
	(2,782	)		(3,075	)		—			—			—			—			—
	(7	)		—			—			—			—			—			—
	(40,538	)		(40,032	)		—			—			—			—			—
	(1,749	)		(1,828	)		—			—			—			—			—
	(440	)		(437	)		—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	(4,107	)		(2,034	)		—			—			—			—			—
	(2,429	)		(2,353	)		—			—			—			—			—
	(89,367	)		(69,508	)		(18,687	)		(20,130	)		(684	)		(1,942	)		(1,498	)
	389,075			180,515			(18,862	)		(2,369	)		47,287			9,091			5,906
	11,718			12,706			(5,591	)		(10,799	)		1,375			247			730
	127,289			27,322			(4,978	)		(11,907	)		11,403			669			331
	—			—			—			—			—			—			—
	(55,681	)		(5,285	)		—			—			—			—			—
	37,203			73			151			—			6,954			1,114			10
	61,754			(18,780	)		—			—			—			—			—
	(31,466	)		(2,071	)		—			—			—			—			—
	(8,248	)		(208	)		—			—			—			—			—
	284			—			11			—			—			10			—
	3,230			—			11			—			—			95			—
	67			—			11			—			—			10			—
	40,778			42,388			(19,604	)		(2,158	)		—			—			—
	(43,669	)		(548	)		—			—			—			—			—
	532,334			236,112			(48,851	)		(27,233	)		67,019			11,236			6,977
	978,580			295,753			(48,794	)		(20,556	)		65,709			11,085			7,017
	1,241,365			945,612			292,033			312,589			—			38,951			31,934
$	2,219,945		$	1,241,365		$	243,239		$	292,033		$	65,709		$	50,036		$	38,951
$	266		$	—		$	155		$	42		$	39		$	11		$	5

­ ­  303  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Income						Inflation Plus
	Fund						Fund
	For the Year			For the Year			For the Year			For the Year
	Ended			Ended			Ended			Ended
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	13,237		$	3,863		$	17,073		$	37,125
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(292	)		(253	)		(1,012	)		(16,029	)
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(5,084	)		1,269			13,079			(6,365	)
Payment from affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		7,861			4,879			29,140			14,731
Distributions to Shareholders:
From net investment income
Class A		(3,789	)		(1,656	)		(7,108	)		(14,188	)
Class B		(425	)		(280	)		(2,291	)		(3,582	)
Class C		(588	)		(253	)		(5,280	)		(10,486	)
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			(64	)		—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(8,464	)		(1,607	)		(4,301	)		(5,352	)
Class Z (L)		—			—			—			—
From net realized gain on investments
Class A		—			—			—			(1,331	)
Class B		—			—			—			(382	)
Class C		—			—			—			(1,204	)
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			—			(312	)
Class Z (L)		—			—			—			—
Total distributions		(13,266	)		(3,796	)		(19,044	)		(36,837	)
Capital Share Transactions:
Class A		62,672			7,955			(101,233	)		(123,445	)
Class B		2,803			1,180			(24,879	)		(24,243	)
Class C		6,409			2,883			(90,399	)		(118,279	)
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			3,376			18
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			10			—
Class R4		—			—			10			—
Class R5		—			—			10			—
Class Y		155,902			43,594			20,307			46,885
Class Z (L)		—			—			—			—
Net increase (decrease) from capital share transactions		227,786			55,612			(192,798	)		(219,064	)
Net increase (decrease) in net assets		222,381			56,695			(182,702	)		(241,170	)
Net Assets:
Beginning of period		113,183			56,488			762,607			1,003,777
End of period	$	335,564		$	113,183		$	579,905		$	762,607
Accumulated undistributed (distribution in excess of) net investment income	$	95		$	54		$	1,990		$	4,125

**	Commencement of operations.
(4)	Formally known as The Hartford International Capital Appreciation Fund.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  304  ­ ­

International Growth						International Opportunities						International Small Company
Fund (4)						Fund						Fund						LargeCap Growth Fund
																		For the Period
For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			November 30, 2006 **
Ended			Ended			Ended			Ended			Ended			Ended			through
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007
$	(159	)	$	91		$	1,234		$	1,771		$	1,039		$	1,066		$	(13	)
	82,495			29,594			65,439			22,793			38,012			26,962			200
	69,202			35,016			54,308			17,051			25,590			11,245			951
	6			—			28			—			—			—			—
	151,544			64,701			121,009			41,615			64,641			39,273			1,138
	(232	)		(526	)		(570	)		(378	)		(818	)		(704	)		(12	)
	—			—			—			—			(72	)		(83	)		—
	—			—			—			—			(81	)		(145	)		—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	(1	)		—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			(654	)		(1,105	)		(131	)		(1,414	)		(1,565	)		—
	—			—			—			—			—			—			—
	(19,852	)		(1,438	)		(4,324	)		—			(8,745	)		(3,791	)		—
	(3,152	)		(261	)		(834	)		—			(1,537	)		(679	)		—
	(4,097	)		(346	)		(606	)		—			(2,387	)		(1,407	)		—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	(1	)		—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	(3,442	)		(836	)		(1,811	)		—			(11,031	)		(7,015	)		—
	—			—			—			—			—			—			—
	(30,777	)		(4,061	)		(9,250	)		(509	)		(26,085	)		(15,389	)		(12	)
	127,656			49,389			21,004			30,451			66,720			27,750			10,305
	7,592			5,639			(1,443	)		(187	)		5,494			4,607			331
	9,034			6,985			2,716			149			11,172			3,908			503
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	3,023			10			—			—			161			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	—			—			—			—			—			—			—
	12			—			22			—			—			—			—
	10			—			10			—			—			—			—
	10			—			10			—			—			—			—
	100			(19,973	)		50,162			32,628			29,216			7,563			100
	—			—			—			—			—			—			—
	147,437			42,050			72,481			63,041			112,763			43,828			11,239
	268,204			102,690			184,240			104,147			151,319			67,712			12,365
	360,561			257,871			252,988			148,841			187,151			119,439			—
$	628,765		$	360,561		$	437,228		$	252,988		$	338,470		$	187,151		$	12,365
$	—		$	(154	)	$	1,318		$	1,721		$	1,907		$	2,242		$	—

­ ­  305  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	MidCap						MidCap Growth
	Fund						Fund
										For the Period
										July 31, 2006 **
	For the Year Ended			For the Year Ended			For the Year Ended			through
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	(755	)	$	(10,396	)	$	(40	)	$	(9	)
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		515,686			493,070			2,760			81
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		206,436			(86,305	)		552			573
Payment from affiliate		2,459			—			24			—
Net increase (decrease) in net assets resulting from operations		723,826			396,369			3,296			645
Distributions to Shareholders:
From net investment income
Class A		—			—			(43	)		—
Class B		—			—			—			—
Class C		—			—			(2	)		—
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			(1	)		—
Class Z (L)		—			—			—			—
From net realized gain on investments
Class A		(291,498	)		(281,386	)		(75	)		—
Class B		(77,097	)		(82,610	)		(2	)		—
Class C		(85,148	)		(88,590	)		(3	)		—
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(27,642	)		(22,904	)		(1	)		—
Class Z (L)		—			—			—			—
Total distributions		(481,385	)		(475,490	)		(127	)		—
Capital Share Transactions:
Class A		194,559			196,666			3,419			9,727
Class B		(20,047	)		5,553			315			281
Class C		(705	)		20,240			999			341
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(63,076	)		46,422			1			100
Class Z (L)		—			—			—			—
Net increase (decrease) from capital share transactions		110,731			268,881			4,734			10,449
Net increase (decrease) in net assets		353,172			189,760			7,903			11,094
Net Assets:
Beginning of period		2,970,037			2,780,277			11,094			—
End of period	$	3,323,209		$	2,970,037		$	18,997		$	11,094
Accumulated undistributed (distribution in excess of) net investment income	$	11,863		$	—		$	—		$	1

*	Relates to investments in affiliated investment companies.
**	Commencement of operations.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  306  ­ ­

	MidCap Value						Money Market						Retirement Income						Select MidCap Growth
	Fund						Fund						Fund *						Fund
				For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year
	For the Year Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
	$	(913	)	$	(539	)	$	13,462		$	9,518		$	66		$	12		$	(182	)	$	(368	)
		74,605			59,464			—			—			53			—			4,250			2,239
		(4,689	)		29,759			—			—			51			15			1,185			1,006
		55			—			—			—			—			—			—			—
		69,058			88,684			13,462			9,518			170			27			5,253			2,877
		—			—			(11,050	)		(7,394	)		(54	)		(11	)		—			—
		—			—			(974	)		(898	)		(6	)		(2	)		—			—
		—			—			(1,162	)		(546	)		(5	)		(2	)		—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			(78	)		—			—			—			—			—
		—			—			(5	)		—			—			—			—			—
		—			—			(193	)		(680	)		(4	)		(3	)		—			—
		—			—			—			—			—			—			—			—
		(39,788	)		(27,814	)		—			—			—			—			(1,002	)		(149	)
		(8,536	)		(6,087	)		—			—			—			—			(160	)		(24	)
		(8,588	)		(6,258	)		—			—			—			—			(168	)		(17	)
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		(2,054	)		(3,881	)		—			—			—			—			(616	)		(2	)
		—			—			—			—			—			—			—			—
		(58,966	)		(44,040	)		(13,462	)		(9,518	)		(69	)		(18	)		(1,946	)		(192	)
		(3,457	)		(5,373	)		107,280			25,284			2,523			370			(3,914	)		6,756
		(2,595	)		(2,251	)		1,224			(2,721	)		33			161			321			1,129
		(1,116	)		(3,498	)		42,579			(1,793	)		73			148			427			1,975
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			—			—			—			—			—			—
		—			—			10			—			10			—			—			—
		—			—			17,239			—			16			—			—			—
		—			—			1,229			—			10			—			—			—
		(27,471	)		(12,709	)		(10,922	)		(2,486	)		4			103			(28,667	)		28,151
		—			—			—			—			—			—			—			—
		(34,639	)		(23,831	)		158,639			18,284			2,669			782			(31,833	)		38,011
		(24,547	)		20,813			158,639			18,284			2,770			791			(28,526	)		40,696
��
		461,984			441,171			266,212			247,928			868			77			59,996			19,300
	$	437,437		$	461,984		$	424,851		$	266,212		$	3,638		$	868		$	31,470		$	59,996
	$	(4	)	$	—		$	—		$	—		$	2		$	—		$	—		$	—

­ ­  307  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Select MidCap Value						Select SmallCap Value
	Fund						Fund
										For the Period
										July 31, 2006 **
	For the Year Ended			For the Year Ended			For the Year Ended			through
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	243		$	(86	)	$	935		$	30
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		10,255			2,875			7,364			126
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(10,487	)		5,546			(897	)		1,316
Payment from affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		11			8,335			7,402			1,472
Distributions to Shareholders:
From net investment income
Class A		—			(19	)		—			—
Class B		—			—			—			—
Class C		—			—			—			—
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			(3	)		(240	)		—
Class Z (L)		—			—			—			—
From net realized gain on investments
Class A		(1,959	)		(504	)		(30	)		—
Class B		(170	)		(40	)		(1	)		—
Class C		(295	)		(71	)		—			—
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(503	)		(12	)		(102	)		—
Class Z (L)		—			—			—			—
Total distributions		(2,927	)		(649	)		(373	)		—
Capital Share Transactions:
Class A		(7,344	)		20,427			2,021			14,491
Class B		357			2,016			255			283
Class C		1,206			3,828			448			256
Class E (L)		—			—			—			—
Class H (L)		—			—			—			—
Class I		—			—			—			—
Class L		—			—			—			—
Class M (L)		—			—			—			—
Class N (L)		—			—			—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		34,914			17,996			83,880			1,496
Class Z (L)		—			—			—			—
Net increase (decrease) from capital share transactions		29,133			44,267			86,604			16,526
Net increase (decrease) in net assets		26,217			51,953			93,633			17,998
Net Assets:
Beginning of period		79,516			27,563			17,998			—
End of period	$	105,733		$	79,516		$	111,631		$	17,998
Accumulated undistributed (distribution in excess of) net investment income	$	163		$	—		$	688		$	42

**	Commencement of operations.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  308  ­ ­

Short Duration						Small Company						SmallCap Growth						Stock
Fund						Fund						Fund						Fund
			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year
For the Year Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
$	8,928		$	4,782		$	(2,189	)	$	(3,588	)	$	(1,297	)	$	(1,069	)	$	956		$	3,896
	(198	)		(707	)		66,274			70,345			34,762			26,723			170,454			179,777
	(1,432	)		1,324			40,992			(14,828	)		(4,661	)		10,054			6,660			(15,893	)
	—			—			1,808			—			39			—			1,568			—
	7,298			5,399			106,885			51,929			28,843			35,708			179,638			167,780
	(1,283	)		(933	)		—			—			—			—			(3,091	)		(1,525	)
	(233	)		(211	)		—			—			—			—			—			—
	(588	)		(480	)		—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(6,779	)		(3,180	)		—			—			—			—			(1,030	)		(772	)
	—			—			—			—			—			—			—			—
	—			—			(16,937	)		—			—			—			—			—
	—			—			(4,857	)		—			—			—			—			—
	—			—			(4,469	)		—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			(8	)		—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			(8,399	)		—			—			—			—			—
	—			—			—			—			—			—			—			—
	(8,883	)		(4,804	)		(34,670	)		—			—			—			(4,121	)		(2,297	)
	8,135			(2,604	)		71,318			7,658			(80,506	)		151,875			(121,878	)		(137,391	)
	(362	)		(2,089	)		(5,491	)		(13,527	)		(2,918	)		1,344			(83,356	)		(87,193	)
	8,105			(8,655	)		9,046			(4,001	)		(1,798	)		6,952			(35,239	)		(43,306	)
	—			—			—			—			—			—			—			—
	—			—			—			—			(25,058	)		(3,041	)		—			—
	—			—			3,584			69			4,300			235			—			—
	—			—			—			—			35,964			(13,323	)		—			—
	—			—			—			—			(25,903	)		(2,473	)		—			—
	—			—			—			—			(10,379	)		(704	)		—			—
	—			—			167			—			10			—			40			—
	—			—			8,963			—			302			—			40			—
	—			—			584			—			10			—			10			—
	41,142			19,381			60,917			57,068			(63,006	)		45,888			(77,302	)		7,983
	—			—			—			—			—			—			—			—
	57,020			6,033			149,088			47,267			(168,982	)		186,753			(317,685	)		(259,907	)
	55,435			6,628			221,303			99,196			(140,139	)		222,461			(142,168	)		(94,424	)
	150,066			143,438			403,275			304,079			532,484			310,023			1,201,678			1,296,102
$	205,501		$	150,066		$	624,578		$	403,275		$	392,345		$	532,484		$	1,059,510		$	1,201,678
$	18		$	1		$	—		$	—		$	—		$	—		$	1,179		$	4,107

­ ­  309  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Strategic Income			Target Retirement 2010
	Fund			Fund *
	For the Period
	May 15, 2007 **
	through			For the Year Ended			For the Year Ended
	October 31, 2007			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	1,318		$	150		$	22
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		8			206			—
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(156	)		461			46
Payment from affiliate		—			—			—
Net increase (decrease) in net assets resulting from operations		1,170			817			68
Distributions to Shareholders:
From net investment income
Class A		(879	)		(124	)		(17	)+
Class B		(37	)		(8	)		(3	)+
Class C		(190	)		(12	)		(2	)
Class E (L)		—			—			—
Class H (L)		—			—			—
Class I		(114	)		—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			—			—
Class R4		—			—			—
Class R5		—			—			—
Class Y		(40	)		(4	)		(2	)
Class Z (L)		—			—			—
From net realized gain on investments
Class A		—			—			—
Class B		—			—			—
Class C		—			—			—
Class E (L)		—			—			—
Class H (L)		—			—			—
Class I		—			—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			—			—
Class R4		—			—			—
Class R5		—			—			—
Class Y		—			—			—
Class Z (L)		—			—			—
Total distributions		(1,260	)		(148	)		(24	)
Capital Share Transactions:
Class A		43,152			5,388			1,572
Class B		2,641			263			213
Class C		17,197			208			462
Class E (L)		—			—			—
Class H (L)		—			—			—
Class I		11,175			—			—
Class L		—			—			—
Class M (L)		—			—			—
Class N (L)		—			—			—
Class R3		—			10			—
Class R4		—			434			—
Class R5		—			10			—
Class Y		10,636			4			122
Class Z (L)		—			—			—
Net increase (decrease) from capital share transactions		84,801			6,317			2,369
Net increase (decrease) in net assets		84,711			6,986			2,413
Net Assets:
Beginning of period		—			2,454			41
End of period	$	84,711		$	9,440		$	2,454
Accumulated undistributed (distribution in excess of) net investment income	$	181		$	20		$	—

*	Relates to investments in affiliated investment companies.
**	Commencement of operations.
(L)	Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
+	Included in these amounts was a return of capital in the amount of $2 and $1 for Classes A and B, respectively.
##	Included in these amounts was a return of capital in the amount of $2, $1 and $1 for Classes A, B and C, respectively.

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

­ ­  310  ­ ­

Target Retirement 2020						Target Retirement 2030						Tax-Free California						Tax-Free Minnesota
Fund *						Fund *						Fund						Fund
			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year
For the Year Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
$	178		$	10		$	66		$	2		$	1,379		$	799		$	1,488		$	1,382
	192			13			187			1			(267	)		(5	)		(114	)		197
	1,155			82			1,356			83			(1,256	)		573			(1,098	)		235
	—			—			—			—			—			—			—			—
	1,525			105			1,609			86			(144	)		1,367			276			1,814
	(165	)		(15	)		(39	)		(3	)##		(1,171	)		(689	)		(357	)		(247	)
	(5	)		(1	)		(3	)		(2	)##		(57	)		(43	)		(27	)		(25	)
	(7	)		(1	)		(2	)		(1	)##		(139	)		(68	)		(24	)		(13	)
	—			—			—			—			—			—			(249	)		(967	)
	—			—			—			—			—			—			(1	)		(4	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			(122	)		(107	)
	—			—			—			—			—			—			(1	)		(4	)
	—			—			—			—			—			—			(1	)		(6	)
	—			—			—			—			—			—			—			—
	(2	)		—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			(1	)		—			—			(713	)		—
	—			—			—			—			—			—			—			—
	(9	)		—			(1	)		—			—			(10	)		(40	)		(9	)
	(1	)		—			—			—			—			(1	)		(5	)		(1	)
	(2	)		—			—			—			—			(1	)		(2	)		(1	)
	—			—			—			—			—			—			(132	)		(41	)
	—			—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			(15	)		(5	)
	—			—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	(191	)		(17	)		(45	)		(7	)		(1,367	)		(812	)		(1,692	)		(1,430	)
	14,410			1,919			11,970			1,784			14,112			8,736			3,419			1,226
	367			270			160			283			432			232			(14	)		(19	)
	249			313			280			69			1,896			1,436			180			(11	)
	—			—			—			—			—			—			(21,995	)		(2,213	)
	—			—			—			—			—			—			(125	)		(1	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			405			(273	)
	—			—			—			—			—			—			(106	)		(8	)
	—			—			—			—			—			—			(195	)		(4	)
	10			—			10			—			—			—			—			—
	1,095			—			618			—			—			—			—			—
	10			—			10			—			—			—			—			—
	—			—			—			21			—			—			21,018			—
	—			—			—			—			—			—			—			—
	16,141			2,502			13,048			2,157			16,440			10,404			2,587			(1,303	)
	17,475			2,590			14,612			2,236			14,929			10,959			1,171			(919	)
	2,764			174			2,275			39			29,802			18,843			34,970			35,889
$	20,239		$	2,764		$	16,887		$	2,275		$	44,731		$	29,802		$	36,141		$	34,970
$	25		$	—		$	48		$	—		$	14		$	2		$	3		$	10

­ ­  311  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Tax-Free National						Tax-Free New York
	Fund						Fund
	For the Year Ended			For the Year Ended			For the Year Ended			For the Year Ended
	October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
Operations:
Net investment income (loss)	$	6,502		$	4,510		$	589		$	553
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(887	)		372			(52	)		85
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(5,677	)		2,682			(486	)		260
Payment from affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		(62	)		7,564			51			898
Distributions to Shareholders:
From net investment income
Class A		(3,965	)		(2,337	)		(444	)		(421	)
Class B		(249	)		(224	)		(57	)		(54	)
Class C		(643	)		(354	)		(85	)		(80	)
Class E (L)		(321	)		(1,234	)		—			—
Class H (L)		(1	)		(8	)		—			—
Class I		(18	)		—			—			—
Class L		(349	)		(316	)		—			—
Class M (L)		(11	)		(41	)		—			—
Class N (L)		(3	)		(14	)		—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		(878	)		—			—			—
Class Z (L)		—			—			—			—
From net realized gain on investments
Class A		(206	)		(315	)		(61	)		(23	)
Class B		(19	)		(46	)		(10	)		(4	)
Class C		(37	)		(58	)		(14	)		(5	)
Class E (L)		(83	)		(210	)		—			—
Class H (L)		—			(2	)		—			—
Class I		—			—			—			—
Class L		(22	)		(54	)		—			—
Class M (L)		(4	)		(9	)		—			—
Class N (L)		(1	)		(4	)		—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		—			—			—			—
Class Z (L)		—			—			—			—
Total distributions		(6,810	)		(5,226	)		(671	)		(587	)
Capital Share Transactions:
Class A		47,774			24,443			536			(243	)
Class B		411			(267	)		(57	)		(22	)
Class C		10,438			4,163			281			(237	)
Class E (L)		(23,648	)		(2,570	)		—			—
Class H (L)		(174	)		(103	)		—			—
Class I		3,499			—			—			—
Class L		1,084			(492	)		—			—
Class M (L)		(1,216	)		(60	)		—			—
Class N (L)		(373	)		(127	)		—			—
Class R3		—			—			—			—
Class R4		—			—			—			—
Class R5		—			—			—			—
Class Y		22,088			1			—			—
Class Z (L)		—			—			—			—
Net increase (decrease) from capital share transactions		59,883			24,988			760			(502	)
Net increase (decrease) in net assets		53,011			27,326			140			(191	)
Net Assets:
Beginning of period		129,914			102,588			15,482			15,673
End of period	$	182,925		$	129,914		$	15,622		$	15,482
Accumulated undistributed (distribution in excess of) net investment income	$	67		$	3		$	5		$	2

(L) Classes H, M and N were merged into Class L and Class E and Class Z were merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.

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

­ ­  312  ­ ­

Total Return Bond						U.S. Government Securities						Value						Value Opportunities
Fund						Fund						Fund						Fund
			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year			For the Year
For the Year Ended			Ended			Ended			Ended			Ended			Ended			Ended			Ended
October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006			October 31, 2007			October 31, 2006
$	47,453		$	30,568		$	9,325		$	9,709		$	4,208		$	1,430		$	897		$	1,459
	3,072			(8,700	)		(1,114	)		(6,207	)		18,974			17,037			41,292			20,728
	(9,619	)		12,640			(2,297	)		4,161			35,852			10,073			(23,144	)		28,126
	—			—			—			—			11			—			16			—
	40,906			34,508			5,914			7,663			59,045			28,540			19,061			50,313
	(24,374	)		(14,515	)		(2,302	)		(2,091	)		—			(474	)		(987	)		—
	(3,230	)		(2,504	)		(624	)		(734	)		—			—			(49	)		—
	(3,121	)		(2,387	)		(420	)		(353	)		—			—			(123	)		—
	—			—			(1,114	)		(4,784	)		—			—			—			—
	—			—			(18	)		(92	)		—			—			—			—
	(96	)		—			—			—			—			—			(3	)		—
	—			—			(1,572	)		(1,529	)		—			—			(275	)		(39	)
	—			—			(20	)		(97	)		—			—			(4	)		—
	—			—			(7	)		(30	)		—			—			(3	)		—
	—			—			—			—			—			—			—			—
	(12	)		—			—			—			—			—			—			—
	(1	)		—			—			—			—			—			—			—
	(16,520	)		(11,078	)		(3,159	)		(117	)		(1,650	)		(780	)		—			(358	)
	—			—			—			—			—			—			—			—
	—			(1,753	)		—			—			(4,894	)		—			(9,357	)		(2,133	)
	—			(454	)		—			—			(754	)		—			(1,654	)		(467	)
	—			(413	)		—			—			(809	)		—			(2,027	)		(454	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			(326	)		(158	)
	—			—			—			—			—			—			(1	)		—
	—			—			—			—			—			—			(2,739	)		(881	)
	—			—			—			—			—			—			(627	)		(254	)
	—			—			—			—			—			—			(186	)		(68	)
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			—			—			—			—			—			—			—
	—			(1,059	)		—			—			(9,092	)		—			(4,266	)		(3,035	)
	—			—			—			—			—			—			—			—
	(47,354	)		(34,163	)		(9,236	)		(9,827	)		(17,199	)		(1,254	)		(22,627	)		(7,847	)
	172,188			120,743			9,399			(973	)		1,573			3,341			46,067			30,823
	3,481			(1,319	)		(2,901	)		(4,058	)		(87	)		(75	)		2,594			2,299
	10,139			1,327			4,947			152			(372	)		695			10,458			6,635
	—			—			(117,292	)		(14,860	)		—			—			—			—
	—			—			(317	)		(773	)		—			—			(2,422	)		(1,657	)
	3,007			38			—			—			45			—			4,834			11
	—			—			(1,191	)		(3,824	)		—			—			6,642			367
	—			—			(1,163	)		(630	)		—			—			(5,452	)		(1,570	)
	—			—			(478	)		(149	)		—			—			(1,723	)		(234	)
	10			—			—			—			10			—			125			—
	2,917			—			—			—			10			—			728			—
	140			—			—			—			10			—			10			—
	75,992			96,782			108,077			(9,130	)		198,136			1,219			(72,513	)		(9,374	)
	—			—			—			—			—			—			—			—
	267,874			217,571			(919	)		(34,245	)		199,325			5,180			(10,652	)		27,300
	261,426			217,916			(4,241	)		(36,409	)		241,171			32,466			(14,218	)		69,766
	872,696			654,780			197,567			233,976			176,430			143,964			300,692			230,926
$	1,134,122		$	872,696		$	193,326		$	197,567		$	417,601		$	176,430		$	286,474		$	300,692
$	2,968		$	656		$	29		$	11		$	3,572		$	1,021		$	891		$	1,431

­ ­  313  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements

October 31, 2007

(000’s Omitted)

1.  Organization:

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. (the “Companies”) are open-end management investment companies comprised of fifty-four portfolios (each a “Fund” or together the “Funds”). They are The Hartford Advisers Fund (Advisers Fund), The Hartford Balanced Allocation Fund (Balanced Allocation Fund), The Hartford Balanced Income Fund (Balanced Income Fund), The Hartford Capital Appreciation Fund (Capital Appreciation Fund), The Hartford Capital Appreciation II Fund (Capital Appreciation II Fund), The Hartford Checks and Balances Fund (Checks and Balances Fund), The Hartford Conservative Allocation Fund (Conservative Allocation Fund), The Hartford Disciplined Equity Fund (Disciplined Equity Fund), The Hartford Dividend and Growth Fund (Dividend and Growth Fund), The Hartford Equity Growth Allocation Fund (Equity Growth Allocation Fund), The Hartford Equity Income Fund (Equity Income Fund), The Hartford Floating Rate Fund (Floating Rate Fund), The Hartford Fundamental Growth Fund (Fundamental Growth Fund), The Hartford Global Communications Fund (Global Communications Fund), The Hartford Global Financial Services Fund (Global Financial Services Fund), The Hartford Global Growth Fund (Global Growth Fund), The Hartford Global Health Fund (Global Health Fund), The Hartford Global Technology Fund (Global Technology Fund), The Hartford Growth Allocation Fund (Growth Allocation Fund), The Hartford Growth Fund (Growth Fund), The Hartford Growth Opportunities Fund (Growth Opportunities Fund), The Hartford High Yield Fund (High Yield Fund), The Hartford High Yield Municipal Bond Fund (High Yield Municipal Bond Fund), The Hartford Income Allocation Fund (Income Allocation Fund), The Hartford Income Fund (Income Fund), The Hartford Inflation Plus Fund (Inflation Plus Fund), The Hartford International Growth Fund (International Growth Fund), The Hartford International Opportunities Fund (International Opportunities Fund), The Hartford International Small Company Fund (International Small Company Fund), The Hartford LargeCap Growth Fund (LargeCap Growth Fund), The Hartford MidCap Fund (MidCap Fund), The Hartford MidCap Growth Fund (MidCap Growth Fund), The Hartford MidCap Value Fund (MidCap Value Fund), The Hartford Money Market Fund (Money Market Fund), The Hartford Retirement Income Fund (Retirement Income Fund), The Hartford Select MidCap Growth Fund (Select MidCap Growth Fund), The Hartford Select MidCap Value Fund (Select MidCap Value Fund), The Hartford Select SmallCap Value Fund (Select SmallCap Value Fund), The Hartford Short Duration Fund (Short Duration Fund), The Hartford Small Company Fund (Small Company Fund), The Hartford SmallCap Growth Fund (SmallCap Growth Fund), The Hartford Stock Fund (Stock Fund), The Hartford Strategic Income Fund (Strategic Income Fund), The Hartford Target Retirement 2010 Fund (Target Retirement 2010 Fund), The Hartford Target Retirement 2020 Fund (Target Retirement 2020 Fund), The Hartford Target Retirement 2030 Fund (Target Retirement 2030 Fund), The Hartford Tax-Free California Fund (Tax-Free California Fund), The Hartford Tax-Free Minnesota Fund (Tax-Free Minnesota Fund), The Hartford Tax-Free National Fund (Tax-Free National Fund), The Hartford Tax-Free New York Fund (Tax-Free New York Fund), The Hartford Total Return Bond Fund (Total Return Bond Fund), The Hartford U.S. Government Securities Fund (U.S. Government Securities Fund), The Hartford Value Fund (Value Fund) and The Hartford Value Opportunities Fund (Value Opportunities Fund).

The Companies are organized under the laws of the State of Maryland and are registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940, as amended (“1940 Act”), as diversified open-end management investment companies, except for Floating Rate Fund, Global Communications Fund, Global Financial Services Fund, Global Health Fund, Global Technology Fund, High Yield Municipal Bond Fund, Inflation Plus Fund, Tax-Free California Fund and Tax-Free New York Fund, which are non-diversified.

Effective March 1, 2007, The Hartford Aggressive Growth Allocation Fund was renamed The Hartford Equity Growth Allocation Fund; effective March 30, 2007, The Hartford Focus Fund was renamed The Hartford Fundamental Growth Fund; effective June 30, 2007, The Hartford Global Leaders Fund was renamed The Hartford Global Growth Fund and The Hartford International Capital Appreciation Fund was renamed The Hartford International Growth Fund.

Class A shares are sold with a front-end sales charge of up to 5.50%, except for High Yield Fund, High Yield Municipal Bond Fund, Income Allocation Fund, Income Fund, Inflation Plus Fund, Strategic Income Fund, Tax-Free California Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, Tax-Free New York Fund, Total Return Bond Fund and U.S. Government Securities Fund, which have a maximum front-end sales charge of up to 4.50%; and the Floating Rate Fund and Short Duration Fund which have a maximum front-end sales charge of up to 3.00%. A front-end sales charge is not assessed on Class A shares for Money Market Fund. Class B shares are sold with a contingent deferred sales charge which is assessed on the lesser of the net asset value (“NAV”) of the shares at the time of redemption or the original purchase price, and declines from up to 5.00% to zero depending on the period of time the shares are held. Class C shares are sold with a contingent deferred sales charge of up to 1.00%. Class I shares are sold without sales charges to certain eligible investors through advisory fee-based wrap programs. Class L shares are offered with a sales charge of up to 4.75%. Classes R3, R4, R5 shares, which are offered to employer-sponsored retirement plans, and Y shares, which are sold to certain eligible institutional investors, are sold without a sales charge. All classes of shares have identical voting, redemption, dividend, liquidation and other rights and the same terms and conditions, except that each class may have different expenses, which may affect performance, and except that Class B shares automatically converts to Class A shares after 8 years.

Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Growth Allocation Fund and Income Allocation Fund (collectively, the “Asset Allocation Funds”) and Retirement Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund and Target Retirement 2030 Fund (collectively, the “Target Retirement Funds”) are referred to as “Fund of Funds”, and each diversifies its assets by investing the majority of its assets in Class Y shares of other Hartford mutual funds: domestic and international equity funds and fixed income funds (“Underlying Funds”). Prior to August 1, 2007, Hartford Investment Financial Services, LLC (“HIFSCO”), a wholly-owned indirect subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”), administered the asset allocation program and provided the day-to-day portfolio management for the Asset Allocation Funds. After August 1, 2007, the Asset Allocation Funds and Target Retirement Funds seek their investment goals through implementation of a strategic asset allocation recommendation provided by Hartford Investment Management Company (“Hartford Investment Management”), a wholly-owned subsidiary of The Hartford. Ibbotson Associates, Inc. (“Ibbotson”) served as a consultant to HIFSCO and Hartford Investment Management with respect to selecting the Underlying Funds and the Funds’ asset allocations among the Underlying Funds until November 13, 2006, at which time Ibbotson’s contracts were terminated. Each Underlying Fund’s accounting policies are outlined below. Checks and Balances Fund seeks its investment goal through investment in a combination of Hartford mutual funds: Capital Appreciation Fund, Dividend and Growth Fund and Total Return Bond Fund. HIFSCO implements the Checks and Balances Fund’s asset allocation strategy.

Indemnifications:  Under the Companies’ organizational documents, each Company shall indemnify its officers and directors to the full extent required or permitted under Maryland Corporate Law and the federal securities law. In addition, the Companies, on behalf of the Funds, may enter into contracts that contain a variety of indemnifications. The Companies’ maximum exposure under these arrangements is unknown. However, the Companies have not had prior claims or losses pursuant to these contracts and expect the risk of loss to be remote.

­ ­  314  ­ ­

2.  Significant Accounting Policies:

The following is a summary of significant accounting policies of the Funds, which are in accordance with U.S. generally accepted accounting principles in the investment company industry:

a)  Security Transactions — Security transactions are recorded on the trade date (the date the order to buy or sell is executed). Security gains and losses are determined on the basis of identified cost.

Trade date for senior floating rate interests purchased in the primary market is considered the date on which the loan allocations are determined. Trade date for senior floating rate loan interests purchased in the secondary market is the date on which the transaction is entered into.

b)  Security Valuation and Investment Income — Except for Money Market Fund, the Funds (references to “Funds” in this section relate, if applicable, to certain Underlying Funds in the case of a Fund of Funds) generally use market prices in valuing portfolio securities. If market quotations are not readily available or are deemed unreliable, a Fund will use the fair value of the security as determined in good faith under policies and procedures established by and under the supervision of that Fund’s Board of Directors. Market prices may be deemed unreliable, for example, if a security is thinly traded or if an event has occurred after the close of the exchange on which a portfolio security is principally traded but before the close of the New York Stock Exchange (the “Exchange”) (normally 4:00 p.m. Eastern Time, referred to as the “Valuation Time”) that is expected to affect the value of the portfolio security. The circumstances in which a Fund may use fair value pricing include, among others: (i) the occurrence of events that are significant to a particular issuer, such as mergers, restructuring or defaults; (ii) the occurrence of events that are significant to an entire market, such as natural disasters in a particular region or governmental actions; (iii) trading restrictions on securities; (iv) thinly traded securities and (v) market events such as trading halts and early market closings. In addition, with respect to the valuation of securities principally traded on foreign markets, each Fund uses a fair value pricing service approved by that Fund’s Board of Directors which employs quantitative models to adjust for “stale” prices caused by the movement of other markets and other factors occurring after the close of the foreign markets but before the close of the Exchange. Securities that are principally traded on foreign markets may trade on days that are not business days of the Funds. Because the Net Asset Value (“NAV”) of each Fund’s shares is determined only on business days of the Funds, the value of the portfolio securities of a Fund that invests in foreign securities may change on days when a shareholder will not be able to purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by the Funds may cause the NAV of their respective shares to differ significantly from the NAV that would have been calculated using market prices at the close of the exchange on which a portfolio security is principally traded but before the close of the Exchange. There can be no assurance that any Fund could obtain the fair value assigned to a security if the Fund were to sell the security at approximately the time at which that Fund determines its NAV per share.

Debt securities (other than short-term obligations and senior floating rate interests), held by the Fund are valued on the basis of valuations furnished by an unaffiliated pricing service which determines valuations for normal institutional size trading units of debt securities. Senior floating rate interests generally trade in over-the-counter markets and are priced through an unaffiliated pricing service utilizing independent market quotations from loan dealers or financial institutions. Securities for which prices are not available from an independent pricing service, but where an active market exists, are valued using market quotations obtained from one or more dealers that make markets in the securities or from a widely-used quotation system in accordance with procedures established by that Fund’s Board of Directors. Generally, each Fund may use fair valuation in regards to debt securities when a Fund holds defaulted or distressed securities or securities in a company in which a reorganization is pending. Short-term investments with a maturity of more than 60 days when purchased are valued based on market quotations until the remaining days to maturity become less than 61 days. Money Market Fund’s investments and investments that mature in 60 days or less are valued at amortized cost, which approximates market value.

Exchange traded equity securities shall be valued at the last reported sale price on the exchange or market on which the security is primarily traded (the “Primary Market”) at the Valuation Time. If the security did not trade on the Primary Market, it may be valued at the Valuation Time at the last reported sale price on another exchange where it trades. The value of an equity security not traded on any exchange but traded on the Nasdaq Stock Market, Inc. (“Nasdaq”) or another over-the-counter (“OTC”) market shall be valued at the last reported sale price or official closing price on the exchange or market on which the security is traded as of the Valuation Time. If it is not possible to determine the last reported sale price or official closing price on the relevant exchange or market at the Valuation Time, the value of the security shall be taken to be the most recent bid quotation on such exchange or market at the Valuation Time.

Securities of foreign issuers and non-dollar securities are translated from the local currency into U.S. dollars using prevailing exchange rates.

Options contracts on securities, currencies, indexes, futures contracts, commodities and other instruments shall be valued at their most recent sales price at the Valuation Time on the Primary Market on which the instrument is traded. If the instrument did not trade on the Primary Market, it may be valued at the most recent sales price at the Valuation Time on another exchange or market where it did trade.

Futures contracts shall be valued at the final settlement price reported by an exchange on which they are principally traded. If there were no trades as of the valuation day, then the contract shall be valued at the closing bid price as of the Valuation Time.

Financial instruments for which prices are not available from an independent pricing service, but where an active market exists, are valued using market quotations obtained from one or more dealers that make markets in securities or from a widely-used quotation system in accordance with procedures established by the Fund’s Board of Directors.

A forward currency contract shall be valued based on the price of the underlying currency at the prevailing interpolated exchange rate, which is a combination of the spot currency rate and the forward currency rate. Spot currency rates and forward currency rates are obtained from an independent pricing service on a daily basis not more than one hour before the Valuation Time. In the event that the applicable pricing service cannot provide the spot currency rates and forward currency rates in a timely fashion, such rates may be obtained from a widely-used quotation system in accordance with procedures established by the Fund’s Board of Directors.

­ ­  315  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

Swaps and other derivative or contractual type instruments shall be valued using market prices if such instruments trade on an exchange or market. If such instruments do not trade on an exchange or market, such instruments shall be valued at a price at which the counterparty to such contract would repurchase the instrument. In the event that the counterparty cannot provide a price, such valuation may be determined in accordance with procedures established by the Fund’s Board of Directors.

Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund on the valuation date.

Dividend income is accrued as of the ex-dividend date, except that certain dividends for foreign securities where the ex-dividend date may have passed are recorded as soon as the Fund is informed of the dividend in the exercise of reasonable diligence. Interest income, including amortization of premium and accretion of discounts, is accrued on a daily basis. Income and capital gain distributions from Underlying Funds are recorded on ex-dividend date.

c)  Foreign Currency Transactions — The accounting records of the Funds are maintained in U.S. dollars. All assets and liabilities initially expressed in foreign currencies are converted into U.S. dollars at the prevailing exchange rates. Purchases and sales of investment securities, dividend and interest income and certain expenses are translated at the rates of exchange prevailing on the respective dates of such transactions.

The Funds do not isolate that portion of portfolio security valuation resulting from fluctuations in the foreign currency exchange rates on portfolio securities from the fluctuations arising from changes in the market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss on investments in the accompanying financial statements.

Net realized foreign exchange gains or losses arise from sales of foreign currencies and the difference between asset and liability amounts initially stated in foreign currencies and the U.S. dollar value of the amounts actually received or paid. Net unrealized foreign exchange gains or losses arise from changes in the value of other assets and liabilities at the end of the reporting period, resulting from changes in the exchange rates.

d)  Securities Lending — The Funds, except for the The Hartford Money Market Fund may lend their securities to certain qualified brokers who pay these Funds negotiated lender fees. The loans are fully collateralized at all times with cash and/or U.S. Government Securities and/or repurchase agreements. The cash collateral is then invested in short-term money market instruments. The repurchase agreements are fully collateralized by U.S. Government Securities. The adequacy of the collateral for securities on loan is monitored on a daily basis. For instances where the market value of collateral falls below the market value of the securities out on loan, such collateral is supplemented on the following day.

While securities are on loan, each Fund is subject to: the risk that the borrower may default on the loan and that the collateral could be inadequate in the event the borrower defaults, the risk that the earnings on the collateral invested may not be sufficient to pay fees incurred in connection with the loan, the risk that the principal value of the collateral invested may decline and may not be sufficient to pay back the borrower for amount of the collateral posted, the risk that the borrower may use the loaned securities to cover a short sale which may place downward pressure on the market prices of the loaned securities, the risk that return of loaned securities could be delayed and could interfere with portfolio management decisions, and the risk that any efforts to recall the securities for purposes of voting may not be effective.

e)	Joint Trading Account — Pursuant to an exemptive order issued by the SEC, the Funds may transfer uninvested cash balances into a joint trading account managed by Hartford Investment Management or Wellington Management Company, LLP (“Wellington”). These balances may be invested in one or more repurchase agreements and/or short-term money market instruments.
f)	Repurchase Agreements — A repurchase agreement is an agreement by which the seller of a security agrees to repurchase the security sold at a mutually agreed upon time and price. At the time the Funds enter into a repurchase agreement, the value of the underlying collateral security (ies), including accrued interest, will be equal to or exceed the value of the repurchase agreement. Securities that serve to collateralize the repurchase agreement are held by each Fund’s custodian in book entry or physical form in the custodial account of the Funds or in a third party custodial account. Repurchase agreements are valued at cost plus accrued interest. Certain Funds, as shown on the Schedule of Investments, had outstanding repurchase agreements as of October 31, 2007.
g)	Reverse Repurchase Agreements — Each Fund may also enter into reverse repurchase agreements. Reverse repurchase agreements involve sales by a Fund of portfolio assets concurrently with an agreement by a Fund to repurchase the same assets at a later date at a fixed price. Reverse repurchase agreements carry the risk that the market value of the securities which a Fund is obligated to repurchase may decline below the repurchase price. A reverse repurchase agreement is viewed as a collateralized borrowing by a Fund. Borrowing magnifies the potential for gain or loss on the portfolio securities of a Fund and, therefore, increases the possibility of fluctuation in a Fund’s NAV. As of October 31, 2007, there were no outstanding reverse repurchase agreements.
h)	Futures and Options Transactions — Certain Funds may invest in futures and options contracts in order to gain exposure to or protect against changes in the market. A futures contract is an agreement between two parties to buy and sell a security at a set price on a future date. When the Funds enter into such futures contracts, they are required to deposit with a futures commission merchant an amount of “initial margin” of cash, commercial paper or U.S. Treasury Bills. Subsequent payments, called maintenance margin, to and from the broker, are made on a daily basis as the price of the underlying security fluctuates, making the long and short positions in the futures contract more or less valuable (i.e., mark-to-market), which results in an unrealized gain or loss to the Funds.

At any time prior to the expiration of the futures contract, a Fund may close the position by taking an opposite position, which would effectively terminate the position in the futures contract. A final determination of maintenance margin is then made, additional cash is required to be paid by or released to the Fund and the Fund realizes a gain or loss.

The use of futures contracts involve elements of market risk, which may exceed the amounts recognized in the Statements of Assets and Liabilities. Changes in the value of the futures contracts may decrease the effectiveness of the Funds’ strategies and potentially result in loss. Certain Funds, as shown on the Schedules of Investments, had outstanding futures contracts as of October 31, 2007.

­ ­  316  ­ ­

The premium paid by a Fund for the purchase of a call or put option is included in the Fund’s Statement of Assets and Liabilities as an investment and subsequently “marked-to-market” through net unrealized appreciation (depreciation) of options to reflect the current market value of the option as of the end of the reporting period.

The Funds may write covered options. “Covered” means that so long as the Fund is obligated as the writer of an option, it will own either the underlying securities or currency or an option to purchase or sell the same underlying securities or currency having an expiration date of the covered option and an exercise price equal to or less than the exercise price of the covered option, or will establish or maintain with its custodian for the term of the option a “segregated account” consisting of cash or other liquid securities having a value equal to or greater than the fluctuating market value of the option securities or currencies. A Fund receives a premium for writing a call or put option, which is recorded on the Fund’s Statement of Assets and Liabilities and subsequently “market-to-market” through net unrealized appreciation (depreciation) of options. There is a risk of loss from a change in the value of such options, which may exceed the related premiums received. Transactions involving written option contracts for the Funds during the year ended October 31, 2007, are summarized below:

	Advisers Fund
	Options Contract Activity During the
	Year Ended October 31, 2007
Call Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		—		$	—
Written		552			181
Expired		—			—
Closed		—			—
Exercised		(309	)		(114	)
End of Period		243		$	67

Put Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		—		$	—
Written		2,115			582
Expired		—			—
Closed		(2,115	)		(582	)
Exercised		—			—
End of Period		—		$	—

	Capital Appreciation Fund
	Options Contract Activity During the
	Year Ended October 31, 2007
Call Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		—		$	—
Written		5,404			1,240
Expired		—			—
Closed		(5,404	)		(1,240	)
Exercised		—			—
End of Period		—		$	—

	Disciplined Equity Fund
	Options Contract Activity During the
	Year Ended October 31, 2007
Call Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		677		$	53
Written		4,030			338
Expired		(2,411	)		(197	)
Closed		(1,821	)		(140	)
Exercised		(335	)		(35	)
End of Period		140		$	19

­ ­  317  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

Put Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		—		$	—
Written		1,751			114
Expired		(1,013	)		(60	)
Closed		(709	)		(51	)
Exercised		—			—
End of Period		29		$	3

	Inflation Plus Fund
	Options Contract Activity During the
	Year Ended October 31, 2007
Call Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		—		$	—
Written		2,000			244
Expired		—			—
Closed		(2,000	)		(244	)
Exercised		—			—
End of Period		—		$	—

Put Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		—		$	—
Written		4,500			799
Expired		—			—
Closed		(4,000	)		(590	)
Exercised		—			—
End of Period		500		$	209

	Stock Fund
	Options Contract Activity During the
	Year Ended October 31, 2007
Call Options Written During the Period	Number of Contracts *			Premium Amounts
Beginning of the period		—		$	—
Written		563			183
Expired		—			—
Closed		—			—
Exercised		(299	)		(110	)
End of Period		264		$	73

* The number of contracts does not omit 000’s.

i)  Forward Foreign Currency Contracts — For the year ended October 31, 2007, certain Funds, as shown in the Schedules of Investments, entered into forward foreign currency contracts that obligate the Funds to repurchase/replace or sell currencies at specified future dates. The Funds enter into forward foreign currency contracts to hedge against adverse fluctuations in exchange rates between currencies.

Forward foreign currency contracts involve elements of market risk in excess of the amount reflected in the Statements of Assets and Liabilities. In addition, risks may arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of the contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar.

j)

Indexed Securities — The Funds may invest in indexed securities whose values are linked to changes in interest rates, indices, or other underlying instruments. The Funds use these securities to increase or decrease their exposure to different underlying instruments and to gain exposure to markets that might be difficult to invest in using conventional securities. Indexed securities may be more volatile than their underlying instruments, but any loss is limited to the amount of the original investment and there may be a limit to the potential appreciation of the investment. Certain Funds had investments in indexed securities, as of October 31, 2007, as shown in the Schedules of Investments under Exchange Traded Funds.

k)

Federal Income Taxes — For federal income tax purposes, the Funds intend to continue to qualify as regulated investment companies under Subchapter M of the Internal Revenue Code (“IRC”) by distributing substantially all of their taxable net investment income and net realized capital gains to their shareholders and otherwise complying with the requirements of regulated investment companies. The Funds have distributed substantially all of their income and capital gains in prior years and each Fund intends to distribute substantially all of its income and gains during the calendar year ending December 31, 2007. Accordingly, no provision for federal income taxes or excise has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distribution for federal income tax purposes.

­ ­  318  ­ ­

l)  The tax character of distributions paid for the periods indicated is as follows (as adjusted for dividends payable):

	For the Year Ended						For the Year Ended
	October 31, 2007						October 31, 2006
	Tax Exempt		Ordinary		Long-Term		Tax Exempt			Ordinary			Long-Term			Tax Return
	Income (a)		Income		Capital Gains (b)		Income (a)			Income			Capital Gains (b)			of Capital
Advisers Fund	$	—	$	24,582	$	9,545	$	—		$	28,170		$	—		$	—
Balanced Allocation Fund		—		22,740		16,040		—			9,607			300			—
Balanced Income Fund		—		870		—		—	*		60	*		—	*		—	*
Capital Appreciation Fund		—		455,689		739,935		—			60,755			884,027			—
Capital Appreciation II Fund		—		7,427		1,610		—			1,192			—			—
Checks and Balances Fund (A)		—		483		—		—			—			—			—
Conservative Allocation Fund		—		5,741		3,535		—			3,915			685			—
Disciplined Equity Fund		—		2,100		—		—			878			—			—
Dividend and Growth Fund		—		57,157		201,659		—			52,205			98,292			—
Equity Growth Allocation Fund		—		2,242		5,366		—			91			552			—
Equity Income Fund		—		17,199		25,507		—			12,225			—			—
Floating Rate Fund		—		252,120		—		—			77,852			—			—
Fundamental Growth Fund		—		—		—		—			321			—			—
Global Communications Fund		—		391		153		—			333			—			—
Global Financial Services Fund		—		200		1,748		—			167			—			—
Global Growth Fund		—		15,315		22,227		—			919			7,457			—
Global Health Fund		—		6,779		21,945		—			14,523			17,.300			—
Growth Allocation Fund		—		11,270		14,424		—			2,935			776			—
Growth Fund		—		—		86,489		—			—			—			—
Growth Opportunities Fund		—		26,275		63,092		—			—			69,508			—
High Yield Fund		—		18,374		—		—			20,130			—			—
High Yield Municipal Bond Fund #		584		—		—		—			—			—			—
Income Allocation Fund		—		1,942		—		—			1,498			—			—
Income Fund		—		13,076		—		—			3,796			—			—
Inflation Plus Fund		—		18,827		—		—			33,608			3,229			—
International Growth Fund		—		20,540		10,237		—			2,096			1,965			—
International Opportunities Fund		—		1,675		7,575		—			509			—			—
International Small Company Fund		—		16,470		9,615		—			10,298			5,091			—
LargeCap Growth Fund (Y)		—		12		—		—			—			—			—
MidCap Fund		—		42,383		439,002		—			63,745			411,745			—
MidCap Growth Fund		—		127		—		—			—			—			—
MidCap Value Fund		—		14,105		44,861		—			13,883			30,157			—
Money Market Fund		—		13,462		—		—			9,518			—			—
Retirement Income Fund		—		69		—		—			18			—			—
Select MidCap Growth Fund		—		1,264		682		—			192			—			—
Select MidCap Value Fund		—		2,388		539		—			649			—			—
Select SmallCap Value Fund		—		361		12		—			—			—			—
Short Duration Fund		—		8,826		—		—			4,804			—			—
Small Company Fund		—		—		34,670		—			—			—			—
Stock Fund		—		4,121		—		—			2,297			—			—
Strategic Income Fund @		—		1,168		1		—			—			—			—
Target Retirement 2010 Fund		—		148		—		—			21			—			3
Target Retirement 2020 Fund		—		188		3		—			17			—			—
Target Retirement 2030 Fund		—		44		1		—			3			—			4
Tax-Free California Fund		1,337		—		—		800			—			12			—
Tax-Free Minnesota Fund		1,495		—		173		1,373			57			—			—
Tax-Free National Fund		6,250		—		372		4,528			698			—			—
Tax-Free New York Fund		583		—		85		555			6			26			—
Total Return Bond Fund		—		47,180		—		—			32,844			1,319			—
U.S. Government Securities Fund		—		9,082		—		—			9,827			—			—
Value Fund		—		2,008		15,191		—			1,254			—			—
Value Opportunities Fund		—		6,712		15,915		—			2,423			5,424			—

(a)	The Funds designate these distributions as exempt interest per IRC Sec. 852(b) (5).
(b)	The Funds designate these distributions as long-term gain capital dividends per IRC code Sec. 852(b) (3) (C).
(A)	For the period May 31, 2007 (commencement of operations) through October 31, 2007.
#	For the period May 1, 2007 (commencement of operations) through October 31, 2007.
@	For the period May 15, 2007 (commencement of operations) through October 31, 2007.

(Y)	For the period November 30, 2006 (commencement of operations) through October 31, 2007.
*	For the period July 31, 2006 (commencement of operations) through October 31, 2006.

­ ­  319  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

As of October 31, 2007, the components of distributable earnings (deficit) on a tax basis were as follows:

			Undistributed		Accumulated			Unrealized			Total
	Undistributed		Long-Term		Capital Gains			Appreciation			Accumulated
	Ordinary Income		Capital Gain		(Losses) *			(Depreciation) @			Earnings (Deficit)
Advisers Fund	$	104,422	$	65,012	$	—		$	73,027		$	242,461
Balanced Allocation Fund		3,469		40,661		—			102,429			146,559
Balanced Income Fund		294		19		—			1,597			1,910
Capital Appreciation Fund		474,330		1,323,670		—			4,442,059			6,240,059
Capital Appreciation II Fund		75,890		24,958		—			160,146			260,994
Checks and Balances Fund		220		—		—			8,145			8,365
Conservative Allocation Fund		1,301		5,880		—			10,753			17,934
Disciplined Equity Fund		685		—		(10,424	)		47,806			38,067
Dividend and Growth Fund		25,034		208,878		—			907,125			1,141,037
Equity Growth Allocation Fund		68		17,233		—			51,052			68,353
Equity Income Fund		6,167		21,647		—			160,276			188,090
Floating Rate Fund		10,167		—		(49,504	)		(139,055	)		(178,392	)
Fundamental Growth Fund		6,221		1,095		—			7,099			14,415
Global Communications Fund		—		2,179		—			11,564			13,743
Global Financial Services Fund		659		3,695		—			3,672			8,026
Global Growth Fund		18,485		71,394		—			250,512			340,391
Global Health Fund		18,256		48,171		—			111,392			177,819
Global Technology Fund		—		—		(40,025	)		11,907			(28,118	)
Growth Allocation Fund		4,425		46,273		—			131,987			182,685
Growth Fund		9,424		81,620		—			243,790			334,834
Growth Opportunities Fund		160,989		100,232		—			417,422			678,643
High Yield Fund		537		—		(75,104	)		(3,726	)		(78,293	)
High Yield Municipal Bond Fund		139		—		(284	)		(1,049	)		(1,194	)
Income Allocation Fund		11		—		(134	)		(650	)		(773	)
Income Fund		361		—		(734	)		(4,788	)		(5,161	)
Inflation Plus Fund		2,207		—		(16,802	)		175			(14,420	)
International Growth Fund		46,150		34,643		—			116,858			197,651
International Opportunities Fund		37,285		29,223		(1,470	)		81,809			146,847
International Small Company Fund		25,139		15,515		—			39,383			80,037
LargeCap Growth Fund		214		—		—			925			1,139
MidCap Fund		151,045		363,061		—			569,067			1,083,173
MidCap Growth Fund		2,708		—		—			1,116			3,824
MidCap Value Fund		10,964		63,099		—			66,183			140,246
Retirement Income Fund		40		15		—			60			115
Select MidCap Growth Fund		3,446		479		—			2,482			6,407
Select MidCap Value Fund		6,567		4,404		—			(5,075	)		5,896
Select SmallCap Value Fund		7,480		605		—			430			8,515
Short Duration Fund		74		—		(2,387	)		(2,103	)		(4,416	)
Small Company Fund		43,268		23,621		—			74,162			141,051
SmallCap Growth Fund		5,180		34,098		—			18,613			57,891
Stock Fund		1,180		—		(138,221	)		66,713			(70,328	)
Strategic Income Fund		283		—		—			(248	)		35
Target Retirement 2010 Fund		128		83		—			503			714
Target Retirement 2020 Fund		96		91		—			1,235			1,422
Target Retirement 2030 Fund		134		77		—			1,436			1,647
Tax-Free California Fund		44		—		(272	)		(302	)		(530	)
Tax-Free Minnesota Fund		27		—		(114	)		480			393
Tax-Free National Fund		255		—		(887	)		636			4
Tax-Free New York Fund		8		—		(52	)		110			66
Total Return Bond Fund		3,779		—		(8,505	)		(7,373	)		(12,099	)
U.S. Government Securities Fund		183		—		(19,660	)		(656	)		(20,133	)
Value Fund		13,079		9,415		—			61,519			84,013
Value Opportunities Fund		11,034		30,965		—			12,443			54,442

*	Certain Funds had capital loss carryforwards that are identified in Note 2 (n).
@	The differences between book-basis and tax-basis unrealized appreciation (depreciation) are attributable primarily to the tax deferral of wash sale losses, the mark-to-market adjustment for certain derivatives in accordance with IRC Sec. 1256, the mark to market for Passive Foreign Investment Companies and basis differences in real estate investment trusts.

­ ­  320  ­ ­

m)  Reclassification of Capital Accounts:

In accordance with American Institute of Certified Public Accountants (AICPA) Statement of Position 93-2, Determination, Disclosure, and Financial Statement Presentation of Income, Capital Gain, and Return of Capital Distributions by Investment Companies, the Funds have recorded reclassifications in their capital accounts. These reclassifications had no impact on the NAV per share of the Funds and are designed generally to present accumulated undistributed (distribution in excess of) net investment income and accumulated net realized gains (losses) on investments on a tax basis which is considered to be more informative to a shareholder. The reclassifications are a result of permanent differences between Generally Accepted Accounting Principles (“GAAP”) and tax accounting for such items as foreign currency, net operating losses and capital loss carryforward expiration that reduce capital gain distribution requirements. Adjustments are made to reflect the impact these items have on current and future distributions to shareholders. Therefore, the source of a Funds’ distributions may be shown in the accompanying Statements of Changes in Net Assets as from net investment income, from net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended October 31, 2007, the Funds recorded the following reclassifications to increase (decrease) the accounts listed below.

	Undistributed			Accumulated Net
	Net Investment			Realized
	Income			Gain (Loss)			Paid-in-Capital
Advisers Fund	$	(100	)	$	100		$	—
Balanced Allocation Fund		7,173			(7,173	)		—
Capital Appreciation Fund		63,651			(65,726	)		2,075
Capital Appreciation II Fund		1,592			(1,605	)		13
Checks and Balances Fund		62			—			(62	)
Conservative Allocation Fund		913			(913	)		—
Dividend and Growth Fund		(61	)		61			—
Equity Growth Allocation Fund		4,110			(4,314	)		204
Equity Income Fund		(16	)		15			1
Floating Rate Fund		1,839			(1,839	)		—
Fundamental Growth Fund		328			(328	)		—
Global Communications Fund		68			(69	)		1
Global Financial Services Fund		13			(13	)		—
Global Growth Fund		5,609			(5,610	)		1
Global Health Fund		2,801			(2,802	)		1
Global Technology Fund		729			11			(740	)
Growth Allocation Fund		8,178			(8,179	)		1
Growth Fund		3,821			(3,821	)		—
Growth Opportunities Fund		(80	)		80			—
High Yield Fund		(49	)		49			—
High Yield Municipal Bond Fund		16			—			(16	)
Income Allocation Fund		1			—			(1	)
Income Fund		70			(70	)		—
Inflation Plus Fund		(164	)		164			—
International Growth Fund		544			(545	)		1
International Opportunities Fund		30			(30	)		—
International Small Company Fund		1,011			(1,012	)		1
LargeCap Growth Fund		25			(12	)		(13	)
MidCap Fund		11,947			(14,336	)		2,389
MidCap Growth Fund		61			(61	)		—
MidCap Value Fund		894			(893	)		(1	)
Retirement Income Fund		5			(5	)		—
Select MidCap Growth Fund		182			(182	)		—
Select MidCap Value Fund		(80	)		63			17
Select SmallCap Value Fund		(49	)		48			1
Short Duration Fund		(28	)		28			—
Small Company Fund		869			(970	)		101
SmallCap Growth Fund		1,286			(1,123	)		(163	)
Stock Fund		(191	)		191			—
Strategic Income Fund		123			(89	)		(34	)
Target Retirement 2010 Fund		18			(18	)		—
Target Retirement 2020 Fund		26			(26	)		—
Target Retirement 2030 Fund		26			(26	)		—
Total Return Bond Fund		2,213			(2,288	)		75
U.S. Government Securities Fund		(71	)		71			—
Value Fund		(10	)		10			—
Value Opportunities Fund		3			(4	)		1

­ ­  321  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

n)  Capital Loss Carryforward:

As of October 31, 2007 (tax year-end), the following Funds had capital loss carryforwards for U.S. Federal income tax purposes:

3

	Year of Expiration
Fund	2008		2009		2010		2011		2012		2013		2014		2015		Total
Disciplined Equity Fund	$	—	$	—	$	—	$	10,424	$	—	$	—	$	—	$	—	$	10,424
Floating Rate Fund		—		—		—		—		—		—		1,227		48,277		49,504
Global Technology Fund		—		5,132		34,893		—		—		—		—		—		40,025
High Yield Fund		16,050		1,643		25,246		28,570		—		—		3,595		—		75,104
High Yield Municipal Bond Fund		—		—		—		—		—		—		—		284		284
Income Allocation Fund		—		—		—		—		—		—		38		96		134
Income Fund		—		—		—		—		—		311		262		161		734
Inflation Plus Fund		—		—		—		—		—		—		8,467		8,335		16,802
International Opportunities Fund		—		959		511		—		—		—		—		—		1,470
Short Duration Fund		—		—		—		221		295		977		732		162		2,387
Stock Fund		—		—		—		138,221		—		—		—		—		138,221
Tax-Free California Fund		—		—		—		—		—		—		5		267		272
Tax-Free Minnesota Fund		—		—		—		—		—		—		—		114		114
Tax-Free National Fund		—		—		—		—		—		—		—		887		887
Tax-Free New York Fund		—		—		—		—		—		—		—		52		52
Total Return Bond Fund		—		—		—		—		—		—		8,505		—		8,505
U.S. Government Securities Fund		2,205		3,597		—		672		3,591		2,517		6,198		880		19,660

Based on certain provisions in the IRC, various limitations regarding the future utilization of International Opportunities Fund and High Yield Fund carryforwards may apply.

o)  Fund Share Valuation and Dividend Distributions to Shareholders — Orders for the Funds’ shares are executed in accordance with the investment instructions of the shareholders. The NAV of each Fund’s shares is determined as of the close of each business day of the Exchange. The NAV per share is determined separately for each class of each Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Orders for the purchase of a Fund’s shares prior to the close of the Exchange on any day on which the Exchange is open for business are priced at the per-share NAV determined as of the close of the Exchange. Orders after the close of the Exchange, or on a day on which the Exchange and/or the Fund is not open for business, are priced at the next determined per-share NAV.

Each Fund intends to distribute substantially all of its net investment income and net realized capital gains to shareholders no less frequently than once a year. Normally, dividends from net investment income of Capital Appreciation Fund, Capital Appreciation II Fund, Disciplined Equity Fund, Equity Growth Allocation Fund, Fundamental Growth Fund, Global Communications Fund, Global Financial Services Fund, Global Growth Fund, Global Health Fund, Global Technology Fund, Growth Allocation Fund, Growth Fund, Growth Opportunities Fund, International Growth Fund, International Opportunities Fund, International Small Company Fund, LargeCap Growth Fund, MidCap Fund, MidCap Growth Fund, MidCap Value Fund, Select MidCap Growth Fund, Select MidCap Value Fund, Select SmallCap Value Fund, Small Company Fund, SmallCap Growth Fund, Stock Fund, Target Retirement 2030 Fund, Value Fund and Value Opportunities Fund are declared and paid annually; dividends from net investment income of Advisers Fund, Balanced Allocation Fund, Balanced Income Fund, Checks and Balances Fund, Conservative Allocation Fund, Dividend and Growth Fund, Equity Income Fund, Target Retirement 2010 Fund and Target Retirement 2020 Fund are declared and paid quarterly; dividends from the net investment income of Income Allocation Fund and Retirement Income Fund are declared and paid monthly; dividends from net investment income of Money Market Fund are declared daily and paid monthly and as of January 1, 2007, dividends from the net investment income of Floating Rate Fund, High Yield Fund, High Yield Municipal Bond Fund, Income Fund, Inflation Plus Fund, Short Duration Fund, Strategic Income Fund, Tax-Free California Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, Tax-Free New York Fund, Total Return Bond Fund and U.S. Government Securities Fund are declared daily and paid monthly, prior to this date they were declared and paid monthly. Dividends are paid on shares beginning on the business day after the day when the funds used to purchase your shares are collected by the transfer agent for the funds declaring daily dividends. Long-term capital gains distributions received from the underlying funds are distributed to shareholders at least annually, when required. Unless shareholders specify otherwise, all dividends and distributions will be automatically reinvested in additional full or fractional shares of each Fund.

Distributions from net investment income, realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. generally accepted accounting principles with respect to character and timing. These differences include foreign currency gains and losses, losses deferred due to wash sales adjustments related to Passive Foreign Investment Companies and certain derivatives, and excise tax regulations. Permanent book and federal income tax basis differences relating to shareholder distributions will result in reclassifications to certain of the Funds’ capital accounts (see Note 2 (m)).

p)  Illiquid and Restricted Securities — Each Fund is permitted to invest up to 15% of its net assets in illiquid securities, except for Inflation Plus Fund and Money Market Fund which may invest up to 10% in such securities. “Illiquid Securities” are those that may not be sold or disposed of in the ordinary course of business within seven days, at approximately the price used to determine a Fund’s NAV per share. A Fund may not be able to sell illiquid securities or other investments when its sub-adviser considers it desirable to do so or may have to sell such securities or investments at a price that is lower than the price that could be obtained if the securities or investments were more liquid. A sale of illiquid securities or other investments may require more time and may result in higher dealer discounts and other selling expenses than does the sale of those that are liquid. Illiquid securities and investments also may be more difficult to value, due to the unavailability of reliable market quotations for such securities or investments, and investment in them may have an adverse impact on NAV. Each Fund may also purchase certain restricted securities, commonly known as Rule 144A

­ ­  322  ­ ­

securities, that can be resold to institutions and which may be determined to be liquid pursuant to policies and guidelines established by the Funds’ Board of Directors.

q)  Securities Purchased on a When-Issued or Delayed-Delivery Basis — Delivery and payment for securities that have been purchased by the Funds on a forward commitment or when-issued or delayed-delivery basis take place beyond the customary settlement period. During this period, such securities are subject to market fluctuations, and the Funds identify securities segregated in their records with value at least equal to the amount of the commitment. As of October 31, 2007, the Funds entered into outstanding when-issued or forward commitments as follows:

Fund	Amount
Advisers Fund	$	19,274
Capital Appreciation Fund		4,659
Capital Appreciation II Fund		181
Floating Rate Fund		192,582
Global Growth Fund		182
Global Technology Fund		17
High Yield Fund		7,112
High Yield Municipal Bond Fund		2,521
Income Fund		3,115
Inflation Plus Fund		3,074
International Growth Fund		135
International Opportunities Fund		94
Strategic Income Fund		5,662
Tax-Free Minnesota Fund		223
Tax-Free National Fund		2,254
Total Return Bond Fund		161,439

r)	Credit Risk — Credit risk depends largely on the perceived financial health of bond issuers. In general, lower rated bonds have higher credit risk. High yield bond prices can fall on bad news about the economy, an industry or a company. The share price, yield and total return of a Fund which holds high yield bonds may fluctuate more than with less aggressive bond funds.
s)	Senior Floating Rate Interests — Certain Funds, as shown in the Schedules of Investments, may invest in senior floating rate interests. Senior floating rate interests hold the most senior position in the capital structure of a business entity (the “Borrower”), are typically secured by specific collateral and have a claim on the assets and/or stock of the Borrower that is senior to that held by a financial institution that acts as the agent of the lenders participating in the senior floating rate interest. Senior floating rate interests are rated below-investment-grade, which means they are more likely to default 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 liquidated.
t)	Prepayment Risks — Most senior floating rate interests and certain debt securities allow for prepayment of principal without penalty. Senior floating rate interests and securities subject to prepayment risk generally offer less potential for gains when interest rates decline, and may offer a greater potential for loss when interest rates rise. In addition, with respect to securities, rising interest rates may cause prepayments to occur at a slower than expected rate, thereby effectively lengthening the maturity of the security and making the security more sensitive to interest rate changes. Prepayment risk is a principal risk of mortgage-backed securities and certain asset-backed securities. Accordingly, the potential for the value of a senior floating rate interests or security to increase in response to interest rate declines is limited. For certain asset-backed securities, the actual maturity may be less than the stated maturity shown in the Schedules of Investments. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity. Senior floating rate interests or debt securities purchased to replace a prepaid loan or a debt security may have lower yields than the yield on the prepaid loan or debt security.

Senior floating rate interests generally are subject to mandatory and/or optional prepayment. Because of these mandatory prepayment conditions and because there may be significant economic incentives for the Borrower to repay, prepayments of senior floating rate interests may occur. As a result, the actual remaining maturity of senior floating rate interests held may be substantially less than the stated maturities shown in the Schedules of Investments.

u)

Use of Estimates — The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of income and expenses during the period. Operating results in the future could vary from the amounts derived from management’s estimates.

v)

Swaps — Certain Funds may enter into event linked swaps, including credit default swaps. The credit default swap market allows a Fund to manage credit risk through buying and selling credit protection on a specific issuer, an index, or a basket of issuers. A “buyer” of credit protection agrees to pay a counterparty to assume the credit risk of an issuer upon the occurrence of certain events. The “seller” of the protection receives periodic payments and agrees to assume the credit risk of an issuer upon the occurrence of certain events. A “seller’s” exposure is limited to the total notional amount of the credit default swap contract. A Fund will generally not buy protection on issuers that are not currently held by such Fund.

Certain Funds may enter into interest rate swaps. In a typical interest rate swap, one party agrees to make regular payments equal to a floating interest rate multiplied by a “notional principal amount,” in return for payments equal to a fixed rate multiplied by the same amount, for a specific period of time. If a swap agreement provides for payments in different currencies, the parties might agree to exchange the notional principal amount as well.

­ ­  323  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

Swaps may also depend on other prices or rates, such as the value of an index or mortgage prepayment rates. Certain Funds, as shown on the Schedule of Investments, had outstanding swaps as of October 31, 2007.

w)

Financial Accounting Standards Board Interpretation No. 48 — On July 13, 2006, the Financial Accounting Standards Board (FASB) released FASB Interpretation No. 48 “Accounting for Uncertainty in Income Taxes” (“FIN 48”). FIN 48 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. Adoption of FIN 48 is required for fiscal years beginning after December 15, 2006, and is to be applied to all open tax years as of the effective date. This guidance is currently in effect for Checks and Balances Fund, High Yield Municipal Bond Fund and Strategic Income Fund. Management has evaluated the implications of FIN 48, and has determined there is no impact to these Funds’ financial statements. This guidance is not currently effective for the remaining Funds. Management is evaluating the implications of FIN 48 for those Funds and its impact on the Funds’ financial statements has not yet been determined.

x)

Financial Accounting Standards Board Financial Accounting Standards No. 157 — In September 2006, FASB issued Statement on Financial Accounting Standards No. 157, “Fair Value Measurements” (“FAS 157”). This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. FAS 157 is effective for the Funds’ financial statements with fiscal years beginning after November 15, 2007, and interim periods within those fiscal years. As of October 31, 2007, the Funds do not believe the adoption of FAS 157 will impact the amounts reported in the financial statements, however, additional disclosures will be required about the inputs used to develop the measurements of fair value and the effect of certain measurements reported in the Statements of Operations for a fiscal period.

3.  Expenses:

a)  Investment Management and Advisory Agreements — HIFSCO serves as investment manager to each Fund pursuant to an Investment Advisory Agreement with The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc., respectively. As investment manager, HIFSCO has overall investment supervisory responsibility for each Fund. In addition, HIFSCO provides administrative personnel, services, equipment and facilities and office space for proper operation of the Funds. HIFSCO has contracted with Wellington for the provision of day-to-day investment management services to Advisers Fund, Balanced Income Fund, Capital Appreciation Fund, Capital Appreciation II Fund, Disciplined Equity Fund, Dividend and Growth Fund, Equity Income Fund, Fundamental Growth Fund, Global Communications Fund, Global Financial Services Fund, Global Growth Fund, Global Health Fund, Global Technology Fund, Growth Fund, Growth Opportunities Fund, International Growth Fund, International Opportunities Fund, International Small Company Fund, MidCap Fund, MidCap Value Fund, Small Company Fund, SmallCap Growth Fund, Stock Fund, Value Fund and Value Opportunities Fund in accordance with each Fund’s investment objective and policies. In addition, HIFSCO has contracted with Hartford Investment Management for the provision of day to day investment management services for Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Floating Rate Fund, Growth Allocation Fund, High Yield Fund, High Yield Municipal Bond Fund, Income Fund, Income Allocation Fund, Inflation Plus Fund, LargeCap Growth Fund, MidCap Growth Fund, Money Market Fund, Retirement Income Fund, Select MidCap Growth Fund, Select MidCap Value Fund, Short Duration Fund, Small Company Fund, SmallCap Growth Fund, Strategic Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund, Target Retirement 2030 Fund, Tax-Free California Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, Tax-Free New York Fund, Total Return Bond Fund and U.S. Government Securities Fund. HIFSCO has contracted for the provision of day to day investment management services with Kayne Anderson Rudnick Investment Management, LLC (“KAR”), Metropolitan West Capital Management, LLC (“MetWest Capital”) and SSgA Funds Management, Inc. (“SSgA FM”) for Select SmallCap Value Fund. Each Fund pays a fee to HIFSCO, a portion of which is used to compensate Hartford Investment Management, KAR, MetWest Capital, SSgA FM and Wellington, as applicable. Checks and Balances Fund is managed by HIFSCO’s Investment Oversight Committee.

The schedules below reflect the rates of compensation paid to HIFSCO for investment advisory services rendered during the year ended October 31, 2007; the rates are accrued daily and paid monthly:

Capital Appreciation II Fund

Average Daily Net Assets	Annual Fee
On first $250 million		1.00	%
On next $250 million		0.95	%
On next $500 million		0.90	%
Over $1 billion		0.85	%

Select SmallCap Value Fund

Average Daily Net Assets	Annual Fee
On first $500 million		1.00	%
On next $500 million		0.95	%
Over $1 billion		0.90	%

­ ­  324  ­ ­

Growth Fund (1),
Growth Opportunities Fund (1),
and Value Opportunities Fund (1)

Average Daily Net Assets	Annual Fee
On first $100 million		1.00	%
On next $150 million		0.80	%
Over $250 million		0.70	%

(1) Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $100 million		0.90	%
On next $150 million		0.80	%
Over $250 million		0.70	%

Global Communications Fund,
Global Financial Services Fund, Global Health Fund,
Global Technology Fund, International Growth Fund
and International Small Company Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.90	%
On next $500 million		0.85	%
Over $1 billion		0.80	%

Small Company Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.85	%
On next $250 million	��	0.80	%
On next $500 million		0.75	%
On next $500 million		0.70	%
Over $1.5 billion		0.65	%

Global Growth Fund, International Opportunities Fund,
MidCap Fund and MidCap Value Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.85	%
On next $500 million		0.75	%
Over $1 billion		0.70	%

MidCap Growth Fund (2)

Average Daily Net Assets	Annual Fee
On first $500 million		0.80	%
On next $500 million		0.75	%
Over $1 billion		0.70	%

(2) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive the management fees until July 31, 2007.

LargeCap Growth Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.65	%
On next $500 million		0.60	%
Over $1 billion		0.55	%

High Yield Fund (3)

Average Daily Net Assets	Annual Fee
On first $500 million		0.75	%
On next $500 million		0.65	%
On next $4 billion		0.60	%
On next $5 billion		0.58	%
Over $10 billion		0.57	%

(3) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.20% of average total net assets until October 31, 2007. Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.70	%
On next $500 million		0.65	%
On next $4 billion		0.60	%
On next $5 billion		0.58	%
Over $10 billion		0.57	%

Short Duration Fund (4), Tax-Free California Fund
and Tax-Free New York Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.55	%
On next $4.5 billion		0.50	%
On next $5 billion		0.48	%
Over $10 billion		0.47	%

(4) Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.50	%
On next $4.5 billion		0.45	%
On next $5 billion		0.43	%
Over $10 billion		0.42	%

­ ­  325  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

Tax-Free Minnesota Fund (5)

Average Daily Net Assets	Annual Fee
On first $50 million		0.72	%
On next $4.95 billion		0.70	%
On next $5 billion		0.68	%
Over $10 billion		0.67	%

(5) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.15% of average total net assets until October 31, 2007. Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.55	%
On next $4.5 billion		0.50	%
On next $5 billion		0.48	%
Over $10 billion		0.47	%

Tax-Free National Fund (6)

Average Daily Net Assets	Annual Fee
On first $50 million		0.80	%
On next $4.95 billion		0.70	%
On next $5 billion		0.68	%
Over $10 billion		0.67	%

(6) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.15% of average total net assets until October 31, 2007. Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.55	%
On next $4.5 billion		0.50	%
On next $5 billion		0.48	%
Over $10 billion		0.47	%

Capital Appreciation Fund,

Disciplined Equity Fund and Value Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.80	%
On next $500 million		0.70	%
Over $1 billion		0.65	%

Dividend and Growth Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.75	%
On next $500 million		0.65	%
Over $1 billion		0.60	%

Advisers Fund (7)

Average Daily Net Assets	Annual Fee
On first $500 million		0.690	%
On next $500 million		0.625	%
Over $1 billion		0.575	%

(7) Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.05% of average total net assets until October 31, 2007.

Floating Rate Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.65	%
On next $4.5 billion		0.60	%
On next $5 billion		0.58	%
Over $10 billion		0.57	%

Income Fund (8) and Inflation Plus Fund (8)

Average Daily Net Assets	Annual Fee
On first $500 million		0.60	%
On next $4.5 billion		0.55	%
On next $5 billion		0.53	%
Over $10 billion		0.52	%

(8)	Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.10% of average total net assets until October 31, 2007.
	Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.55	%
On next $4.5 billion		0.50	%
On next $5 billion		0.48	%
Over $10 billion		0.47	%

U.S. Government Securities Fund (9)

Average Daily Net Assets	Annual Fee
On first $50 million		0.60	%
On next $450 million		0.55	%
On next $4.5 billion		0.50	%
On next $5 billion		0.48	%
Over $10 billion		0.47	%

(9) Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.55	%
On next $4.5 billion		0.50	%
On next $5 billion		0.48	%
Over $10 billion		0.47	%

­ ­  326  ­ ­

Total Return Bond Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.550	%
On next $500 million		0.525	%
On next $4 billion		0.500	%
On next $5 billion		0.480	%
Over $10 billion		0.470	%

Balanced Income Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.725	%
On next $250 million		0.700	%
On next $500 million		0.675	%
Over $1 billion		0.650	%

Equity Income Fund (10)(12)(13),

Stock Fund (11)(12)

Average Daily Net Assets	Annual Fee
On first $500 million		0.80	%
On next $500 million		0.70	%
Over $1 billion		0.65	%

(10)	Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.10% of average total net assets until October 31, 2007.
(11)	Effective November 1, 2006, HIFSCO has voluntarily agreed to waive management fees of 0.05% of average total net assets until October 31, 2007.
(12)	Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fee. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.75	%
On next $500 million		0.70	%
Over $1 billion		0.65	%

(13) Effective November 1, 2007, HIFSCO has voluntarily agreed to waive management fees of 0.05% of average total net assets until October 31, 2008.

Balanced Allocation Fund, Conservative Allocation Fund,
Equity Growth Allocation Fund, Growth Allocation Fund,
Income Allocation Fund, Retirement Income Fund,
Target Retirement 2010 Fund, Target Retirement 2020 Fund
and Target Retirement 2030 Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.15	%
Over $500 million		0.10	%

Fundamental Growth Fund (14)

Average Daily Net Assets	Annual Fee
On first $500 million		0.85	%
On next $500 million		0.80	%
Over $1 billion		0.75	%

(14) Effective March 30, 2007, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to March 30, 2007, the schedule was as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.90	%
On next $500 million		0.85	%
Over $1 billion		0.80	%

Money Market Fund (15)

Average Daily Net Assets	Annual Fee
On first $500 million		0.50	%
On next $500 million		0.45	%
On next $4 billion		0.40	%
On next $5 billion		0.38	%
Over $10 billion		0.37	%

(15) Effective November 1, 2007, HIFSCO agreed to permanently reduce its management. The new schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $1 billion		0.45	%
On next $4 billion		0.40	%
On next $5 billion		0.38	%
Over $10 billion		0.37	%

High Yield Municipal Bond Fund (16)
and Strategic Income Fund (16)

Average Daily Net Assets	Annual Fee
On first $500 million		0.550	%
On next $500 million		0.500	%
On next $4 billion		0.475	%
On next $5 billion		0.455	%
Over $10 billion		0.445	%

(16) HIFSCO has voluntarily agreed to waive 100% of management fees for the Funds’ first year of operation, ending May 31, 2008.

Select MidCap Growth Fund (17)

Average Daily Net Assets	Annual Fee
On first $500 million		0.75	%
On next $500 million		0.70	%
Over $1 billion		0.65	%

(17) Effective December 4, 2006, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to December 4, 2006, the schedule was follows:

Average Daily Net Assets	Annual Fee
On first $500 million		0.90	%
On next $500 million		0.85	%
Over $1 billion		0.80	%

­ ­  327  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

Select MidCap Value Fund (18)

Average Daily Net Assets	Annual Fee
On first $500 million		0.75	%
On next $500 million		0.70	%
Over $1 billion		0.65	%

(18) Effective December 4, 2006, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to December 4, 2006, the schedule was as follows:

Average Daily Net Assets	Annual Fee
On first $500 million		1.00	%
On next $500 million		0.95	%
Over $1 billion		0.90	%

SmallCap Growth Fund (19)(20)

Average Daily Net Assets	Annual Fee
On first $100 million		1.00	%
On next $150 million		0.80	%
On next $250 million		0.70	%
Over $500 million		0.65	%

(19) Effective November 11, 2006, HIFSCO agreed to permanently reduce its management fees for this Fund. Prior to November 11, 2006, the schedule was as follows:

Average Daily Net Assets	Annual Fee
On first $100 million		1.00	%
On next $150 million		0.80	%
Over $250 million		0.70	%

(20) Effective November 1, 2007, HIFSCO agreed to permanently reduce its management fees for this Fund. The new fee schedule will be as follows:

Average Daily Net Assets	Annual Fee
On first $100 million		0.90	%
On next $150 million		0.80	%
On next $250 million		0.70	%
Over $500 million		0.65	%

b)  Accounting Services Agreement — Pursuant to the Fund Accounting Agreement between Hartford Life Insurance Co. (“HLIC”) and the Funds, HLIC provides accounting services to the Funds and received monthly compensation at the annual rate of 0.015% of each Fund’s average daily net assets. Balanced Allocation Fund, Conservative Allocation Fund, Equity Growth Allocation Fund, Growth Allocation Fund, Income Allocation Fund, Retirement Income Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund and Target Retirement 2030 Fund each pay a fee of 0.01% of each Fund’s average daily net assets. The Funds’ accounting services fees are accrued daily and paid monthly.

Effective January 1, 2008, the rates of compensation paid to HLIC will be as follows:

Advisers Fund, Balanced Income Fund,
Capital Appreciation Fund, Floating Rate Fund,
High Yield Fund, High Yield Municipal Bond Fund,
Income Fund, Inflation Plus Fund, International Growth Fund, International Opportunities Fund,
International Small Company Fund, Short Duration Fund, Strategic Income Fund and Total Return Bond Fund

Average Daily Net Assets	Annual Fee
On first $5 billion		0.018	%
On next $5 billion		0.016	%
Over $10 billion		0.014	%

Disciplined Equity Fund, Dividend and Growth Fund,
Global Growth Fund, Money Market Fund,
Small Company Fund, SmallCap Growth Fund
and U.S. Government Securities Fund

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

­ ­  328  ­ ­

Capital Appreciation II Fund, Equity Income Fund,
Global Health Fund, Income Allocation Fund,
MidCap Fund, MidCap Growth Fund,
MidCap Value Fund, Retirement Income Fund,
Stock Fund, Tax-Free California Fund,
Tax-Free Minnesota Fund, Tax-Free National Fund,
Tax-Free New York Fund, Value Fund
and Value Opportunities Fund.

Average Daily Net Assets	Annual Fee
On first $5 billion		0.014	%
On next $5 billion		0.012	%
Over $10 billion		0.010	%

Balanced Allocation Fund, Checks and Balances Fund,
Conservative Allocation Fund, Equity Growth Allocation Fund,
Global Communications Fund, Global Financial Services Fund,
Global Technology Fund, Growth Allocation Fund,
Growth Fund, Growth Opportunities Fund, LargeCap
Growth Fund, Select MidCap Growth Fund,
Select MidCap Value Fund, Select SmallCap Value Fund,
Target Retirement 2010 Fund, Target Retirement 2020 Fund and Target Retirement 2030 Fund

Average Daily Net Assets	Annual Fee
On first $5 billion		0.012	%
Over $5 billion		0.010	%

Fundamental Growth Fund

Average Daily Net Assets	Annual Fee
All assets		0.010	%

c)  Operating Expenses — Allocable expenses incurred by the Funds are allocated to each Fund 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 or to specific classes within a Fund. During the year ended October 31, 2007, HIFSCO has voluntarily limited the total operating expenses of the Class A, B, C, I, L, R3, R4, R5 and Y shares of some of the Funds, exclusive of taxes, interest, brokerage commissions, certain distribution expenses and extraordinary expenses as follows:

Fund	Class A			Class B			Class C			Class I			Class L			Class R3 **			Class R4 **			Class R5 **			Class Y
Advisers Fund		1.18	%		NA			NA			NA			NA			1.43	%		1.13	%		0.83	%		NA
Balanced Allocation Fund *		1.40	%		2.10	%		2.10	%		1.15	%		NA			1.78	%		1.48	%		1.18	%		NA
Balanced Income Fund		1.25	%		2.00	%		2.00	%		NA			NA			NA			NA			NA			0.90	%
Capital Appreciation Fund		1.29	%		NA			NA			1.04	%		NA			1.54	%		1.24	%		0.94	%		NA
Capital Appreciation II Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		1.15	%
Checks and Balances Fund *#		1.15	%		1.90	%		1.90	%		NA			NA			NA			NA			NA			NA
Conservative Allocation Fund *		1.35	%		2.00	%		2.00	%		1.10	%		NA			1.78	%		1.48	%		1.18	%		NA
Disciplined Equity Fund		1.40	%		2.15	%		2.15	%		NA			NA			1.65	%		1.35	%		1.05	%		1.00	%
Dividend and Growth Fund		1.25	%		NA			NA			1.00	%		NA			1.50	%		1.20	%		0.90	%		NA
Equity Growth Allocation Fund *		1.60	%		2.25	%		2.25	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		NA
Equity Income Fund		1.25	%		2.00	%		2.00	%		1.00	%		NA			1.60	%		1.30	%		1.00	%		0.90	%
Floating Rate Fund (W)		1.00	%		1.75	%		1.75	%		0.75	%		NA			1.25	%		1.00	%		0.85	%		0.75	%
Fundamental Growth Fund ***		1.45	%		2.20	%		2.20	%		NA			NA			NA			NA			NA			1.05	%
Global Communications Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Global Financial Services Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Global Growth Fund		1.48	%		2.35	%		2.35	%		NA			NA			1.73	%		1.43	%		1.13	%		1.20	%
Global Health Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		1.20	%
Global Technology Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Growth Allocation Fund *		1.50	%		2.15	%		2.15	%		1.25	%		NA			1.81	%		1.51	%		1.21	%		NA
Growth Fund		1.33	%		2.15	%		2.15	%		1.08	%		1.45	%		1.58	%		1.28	%		0.98	%		1.00	%
Growth Opportunities Fund		1.36	%		2.15	%		2.15	%		1.11	%		1.45	%		1.61	%		1.31	%		1.01	%		1.00	%
High Yield Fund		1.15	%		1.90	%		1.90	%		0.90	%#		NA			1.40	%		1.10	%		0.85	%		0.75	%
High Yield Municipal Bond Fund †		1.00	%		1.75	%		1.75	%		0.75	%		NA			NA			NA			NA			NA
Income Allocation Fund *		1.20	%		1.90	%		1.90	%		0.95	%		NA			1.59	%		1.29	%		0.99	%		NA
Income Fund		0.95	%		1.70	%		1.70	%		NA			NA			NA			NA			NA			0.70	%
Inflation Plus Fund		0.85	%		1.60	%		1.60	%		0.60	%		NA			1.25	%		1.00	%		0.76	%		0.60	%
International Growth Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		1.20	%
International Opportunities Fund		1.57	%		2.35	%		2.35	%		NA			NA			1.82	%		1.52	%		1.22	%		1.20	%
International Small Company Fund		1.60	%		2.35	%		2.35	%		1.35	%#		NA			NA			NA			NA			1.20	%
LargeCap Growth Fund #		1.25	%		2.00	%		2.00	%		NA			NA			NA			NA			NA			0.85	%
MidCap Fund		1.37	%		NA			NA			NA			NA			NA			NA			NA			NA
MidCap Growth Fund		1.40	%		2.20	%		2.20	%		NA			NA			NA			NA			NA			1.00	%
MidCap Value Fund		1.40	%		2.15	%		2.15	%		NA			NA			NA			NA			NA			1.00	%
Money Market Fund		0.95	%		1.70	%		1.70	%		NA			NA			1.20	%		0.90	%		0.60	%		0.55	%
Retirement Income Fund *		1.20	%		1.95	%		1.95	%		NA			NA			1.60	%		1.30	%		1.00	%		0.90	%
Select MidCap Growth Fund ****		1.35	%		2.10	%		2.10	%		NA			NA			NA			NA			NA			0.95	%

­ ­  329  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

Fund	Class A			Class B			Class C			Class I			Class L			Class R3 **			Class R4 **			Class R5 **			Class Y
Select MidCap Value Fund ****		1.30	%		2.05	%		2.05	%		NA			NA			NA			NA			NA			0.90	%
Select SmallCap Value Fund		1.60	%		2.35	%		2.35	%		NA			NA			NA			NA			NA			1.20	%
Short Duration Fund		0.90	%		1.65	%		1.65	%		NA			NA			NA			NA			NA			0.65	%
Small Company Fund		1.40	%		2.15	%		2.15	%		1.15	%		NA			1.65	%		1.35	%		1.05	%		1.00	%
SmallCap Growth Fund		1.40	%		2.15	%		2.15	%		1.15	%		1.25	%		1.65	%		1.35	%		1.05	%		1.10	%
Stock Fund		1.28	%		NA			NA			NA			NA			1.53	%		1.23	%		0.93	%		NA
Strategic Income Fund (Y)		1.15	%		1.90	%		1.90	%		0.90	%		NA			NA			NA			NA			0.90	%
Target Retirement 2010 Fund *		1.25	%		2.00	%		2.00	%		NA			NA			1.65	%		1.35	%		1.05	%		0.95	%
Target Retirement 2020 Fund *		1.30	%		2.05	%		2.05	%		NA			NA			1.70	%		1.40	%		1.10	%		1.00	%
Target Retirement 2030 Fund *		1.35	%		2.10	%		2.10	%		NA			NA			1.75	%		1.45	%		1.15	%		1.05	%
Tax-Free California Fund		0.85	%		1.60	%		1.60	%		NA			NA			NA			NA			NA			NA
Tax-Free Minnesota Fund		0.85	%		1.60	%		1.60	%		NA			0.90	%		NA			NA			NA			0.75	%
Tax-Free National Fund		0.85	%		1.60	%		1.60	%		0.60	%#		0.80	%@		NA			NA			NA			0.60	%@
Tax-Free New York Fund		0.85	%		1.60	%		1.60	%		NA			NA			NA			NA			NA			NA
Total Return Bond Fund (W)		1.00	%		1.75	%		1.75	%		0.75	%		NA			1.25	%		1.00	%		0.85	%		0.75	%
U.S. Government Securities Fund (W)		1.00	%		1.75	%		1.75	%		NA			1.00	%		NA			NA			NA			0.75	%
Value Fund		1.40	%		2.15	%		2.15	%		1.15	%#		NA			1.65	%		1.35	%		1.05	%		1.00	%
Value Opportunities Fund		1.40	%		2.15	%		2.15	%		1.15	%		1.45	%		1.65	%		1.35	%		1.05	%		1.05	%@

*	Voluntary limitations for total operating expenses include expenses incurred as the result of investing in other investment companies.
**	Effective December 22, 2006 (commencement of operations) through October 31, 2007.
#	Effective November 30, 2006 (commencement of operations) through October 31, 2007.
***	For the period November 1, 2006 through March 29, 2007, HIFSCO voluntarily limited the total operating expenses for Fundamental Growth Fund Classes A, B, C and Y to 1.50%, 2.25%, 2.25% and 1.10%, respectively.
****	For the period November 1, 2006 through December 3, 2006, HIFSCO voluntarily limited the total operating expenses for Select MidCap Growth Fund and Select MidCap Value Fund. During this period the expense limitations for Select MidCap Growth Fund was 1.50%, 2.25%, 2.25% and 1.10% for Classes A, B, C and Y, respectively. Also during the period the expense limitation for Select MidCap Value Fund was 1.55%, 2.30%, 2.30% and 1.15% for Classes A, B, C and Y, respectively.
(W)	Permanent expense caps.
#	Effective May 1, 2007 (commencement of operations) through October 31, 2007.
(Y)	Effective May 15, 2007 (commencement of operations) through October 31, 2007.
#	Effective May 31, 2007 (commencement of operations) through October 31, 2007.
@	For the period November 1, 2006 through May 31, 2007, HIFSCO voluntarily limited the total operating expenses for Tax-Free National Fund Classes L and Y to 1.00% and 0.75%, respectively. For the period November 1, 2006 through May 31, 2007, HIFSCO voluntarily limited the total operating expenses for Value Opportunities Fund Class Y to 1.25%.

Effective November 1, 2007, HIFSCO has agreed to revise the voluntary limit on the total operating expenses of the Class A, B, C, I, L, R3, R4, R5, and Y shares of some of the Funds, exclusive of taxes, interest, brokerage commissions, certain distribution expenses and extraordinary expenses. The new expense limitations are as follows:

Fund	Class A			Class B			Class C			Class I			Class L			Class R3			Class R4			Class R5			Class Y
Balanced Allocation Fund *		1.40	%		2.15	%		2.15	%		1.15	%		NA			1.78	%		1.48	%		1.18	%		NA
Capital Appreciation II Fund		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		1.25	%
Conservative Allocation Fund *		1.35	%		2.10	%		2.10	%		1.10	%		NA			1.78	%		1.48	%		1.18	%		NA
Equity Growth Allocation Fund *		1.60	%		2.35	%		2.35	%		1.35	%		NA			1.85	%		1.55	%		1.25	%		NA
Global Growth Fund		1.48	%		2.23	%		2.23	%		NA			NA			1.73	%		1.43	%		1.13	%		1.13	%
Growth Allocation Fund *		1.50	%		2.25	%		2.25	%		1.25	%		NA			1.81	%		1.51	%		1.21	%		NA
Growth Fund		1.30	%		2.05	%		2.05	%		1.05	%		1.42	%		1.55	%		1.25	%		0.95	%		0.95	%
Growth Opportunities Fund		1.36	%		2.11	%		2.11	%		1.11	%		1.45	%		1.61	%		1.31	%		1.01	%		1.01	%
High Yield Fund		1.15	%		1.90	%		1.90	%		0.90	%		NA			1.40	%		1.10	%		0.90	%		0.90	%
Income Allocation Fund *		1.20	%		1.95	%		1.95	%		0.95	%		NA			1.59	%		1.29	%		0.99	%		NA
International Opportunities Fund		1.57	%		2.32	%		2.32	%		NA			NA			1.82	%		1.52	%		1.22	%		1.22	%
MidCap Growth Fund		1.40	%		2.15	%		2.15	%		NA			NA			NA			NA			NA			1.05	%
Money Market Fund		0.90	%		1.65	%		1.65	%		NA			NA			1.15	%		0.85	%		0.65	%		0.65	%
Retirement Income Fund *		1.20	%		1.95	%		1.95	%		NA			NA			1.60	%		1.30	%		1.00	%		0.85	%
SmallCap Growth Fund		1.40	%		2.15	%		2.15	%		1.15	%		1.25	%		1.65	%		1.35	%		1.05	%		1.05	%
Stock Fund		1.25	%		NA			NA			NA			NA			1.50	%		1.20	%		0.90	%		NA
Target Retirement 2010 Fund *		1.25	%		2.00	%		2.00	%		NA			NA			1.65	%		1.35	%		1.05	%		0.90	%
Target Retirement 2020 Fund *		1.30	%		2.05	%		2.05	%		NA			NA			1.70	%		1.40	%		1.10	%		0.95	%
Target Retirement 2030 Fund *		1.35	%		2.10	%		2.10	%		NA			NA			1.75	%		1.45	%		1.15	%		1.00	%

* Voluntary limitations include expenses incurred as the result of investing in other investment companies.

­ ­  330  ­ ­

Amounts incurred which exceed the above limits, are deducted from expenses and are reported as expense reimbursements or waivers on the accompanying Statements of Operations.

d)  Fees Paid Indirectly — The Funds have entered into agreements with State Street Global Advisors, LLC and Frank Russell Securities, Inc. to partially recapture non-discounted trade commissions. Such rebates are used to pay a portion of the Funds’ expenses. In addition, the Funds’ custodian bank, State Street Bank & Trust, has also agreed to reduce its fees when the Funds maintain cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2007, these amounts are included in the Statements of Operations.

The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. Had the fees paid indirectly been included, the annualized expense ratio for the periods listed below would have been as follows:

	Year Ended			Year Ended			Year Ended
Fund	October 31, 2007			October 31, 2006			October 31, 2005
Advisers Fund
Class A Shares		1.09	%		1.11	%		1.18	%
Class B Shares		1.90	%		1.90	%		1.96	%
Class C Shares		1.78	%		1.81	%		1.88	%
Class R3 Shares		1.40	%(Y)
Class R4 Shares		1.05	%(Y)
Class R5 Shares		0.80	%(Y)
Class Y Shares		0.63	%		0.65	%		0.73	%
Balanced Allocation Fund
Class A Shares		0.54	%		0.62	%		0.60	%
Class B Shares		1.33	%		1.36	%		1.31	%
Class C Shares		1.29	%		1.36	%		1.31	%
Class I Shares		0.22	%		0.39	%†
Class R3 Shares		0.93	%(Y)
Class R4 Shares		0.66	%(Y)
Class R5 Shares		0.36	%(Y)
Balanced Income Fund
Class A Shares		1.19	%		1.25	%#
Class B Shares		2.00	%		2.00	%#
Class C Shares		2.00	%		2.00	%#
Class Y Shares		0.90	%		0.90	%#
Capital Appreciation Fund
Class A Shares		1.11	%		1.17	%		1.22	%
Class B Shares		1.91	%		1.96	%		1.99	%
Class C Shares		1.83	%		1.88	%		1.91	%
Class I Shares		0.78	%		0.88	%†
Class R3 Shares		1.47	%(Y)
Class R4 Shares		1.13	%(Y)
Class R5 Shares		0.84	%(Y)
Class Y Shares		0.71	%		0.73	%		0.75	%
Capital Appreciation II Fund
Class A Shares		1.43	%		1.59	%		1.60	%
Class B Shares		2.29	%		2.34	%		2.35	%
Class C Shares		2.16	%		2.32	%		2.35	%
Class I Shares		1.10	%		0.80	%†
Class R3 Shares		1.86	%(Y)
Class R4 Shares		1.47	%(Y)
Class R5 Shares		1.22	%(Y)
Class Y Shares		1.01	%		1.13	%		1.15	%
Checks and Balances Fund
Class A Shares		0.43	%(s)
Class B Shares		1.25	%(s)
Class C Shares		1.18	%(s)
Conservative Allocation Fund
Class A Shares		0.59	%		0.63	%		0.60	%
Class B Shares		1.28	%		1.31	%		1.26	%
Class C Shares		1.28	%		1.31	%		1.26	%
Class I Shares		0.26	%		0.41	%†
Class R3 Shares		1.03	%(Y)
Class R4 Shares		0.75	%(Y)
Class R5 Shares		0.47	%(Y)

­ ­  331  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

	Year Ended			Year Ended			Year Ended
Fund	October 31, 2007			October 31, 2006			October 31, 2005
Disciplined Equity Fund
Class A Shares		1.40	%		1.39	%		1.38	%
Class B Shares		2.08	%		2.07	%		2.13	%
Class C Shares		2.09	%		2.09	%		2.10	%
Class R3 Shares		1.65	%(Y)
Class R4 Shares		1.34	%(Y)
Class R5 Shares		1.05	%(Y)
Class Y Shares		0.88	%		0.88	%		0.89	%
Dividend and Growth Fund
Class A Shares		1.09	%		1.13	%		1.16	%
Class B Shares		1.95	%		1.98	%		2.01	%
Class C Shares		1.82	%		1.86	%		1.88	%
Class I Shares		0.76	%		0 .98	%†
Class R3 Shares		1.40	%(Y)
Class R4 Shares		1.09	%(Y)
Class R5 Shares		0.82	%(Y)
Class Y Shares		0.68	%		0.70	%		0.72	%
Equity Growth Allocation Fund
Class A Shares		0.69	%		0.72	%		0.68	%
Class B Shares		1.37	%		1.37	%		1.33	%
Class C Shares		1.37	%		1.37	%		1.34	%
Class I Shares		0.37	%		0.48	%†
Class R3 Shares		0.96	%(Y)
Class R4 Shares		0.70	%(Y)
Class R5 Shares		0.38	%(Y)
Equity Income Fund
Class A Shares		1.12	%		1.00	%		0.50	%
Class B Shares		1.96	%		1.84	%		1.38	%
Class C Shares		1.83	%		1.70	%		1.22	%
Class I Shares		0.81	%		0.80	%†
Class R3 Shares		1.50	%(Y)
Class R4 Shares		1.18	%(Y)
Class R5 Shares		0.89	%(Y)
Class Y Shares		0.73	%		0.57	%		0.10	%
Floating Rate Fund
Class A Shares		0.96	%		0.50	%
Class B Shares		1.75	%		1.35	%
Class C Shares		1.74	%		1.28	%
Class I Shares		0.71	%		0.43	%†
Class R3 Shares		1.24	%(Y)
Class R4 Shares		1.00	%(Y)
Class R5 Shares		0.85	%(Y)
Class Y Shares		0.68	%		0.15	%
Fundamental Growth Fund
Class A Shares		1.47	%		1.48	%		1.57	%
Class B Shares		2.22	%		2.23	%		2.32	%
Class C Shares		2.20	%		2.23	%		2.32	%
Class Y Shares		1.02	%		1.05	%		1.13	%
Global Communications Fund
Class A Shares		1.60	%		1.11	%		1.49	%
Class B Shares		2.30	%		1.73	%		2.24	%
Class C Shares		2.34	%		1.85	%		2.23	%
Class Y Shares		1.11	%		0.70	%		1.04	%
Global Financial Services Fund
Class A Shares		1.60	%		1.14	%		1.48	%
Class B Shares		2.22	%		1.77	%		2.25	%
Class C Shares		2.35	%		1.90	%		2.25	%
Class Y Shares		1.14	%		0.74	%		1.07	%
Global Growth Fund
Class A Shares		1.47	%		1.45	%		1.36	%
Class B Shares		2.18	%		2.15	%		2.23	%
Class C Shares		2.14	%		2.18	%		2.13	%

­ ­  332  ­ ­

	Year Ended			Year Ended			Year Ended
Fund	October 31, 2007			October 31, 2006			October 31, 2005
Global Growth Fund — (continued)
Class R3 Shares		1.65	%(Y)
Class R4 Shares		1.34	%(Y)
Class R5 Shares		1.05	%(Y)
Class Y Shares		0.89	%		0.91	%		0.85	%
Global Health Fund
Class A Shares		1.40	%		1.60	%		1.58	%
Class B Shares		2.29	%		2.31	%		2.33	%
Class C Shares		2.14	%		2.31	%		2.33	%
Class I Shares		1.08	%		1.14	%†
Class R3 Shares		1.77	%(Y)
Class R4 Shares		1.45	%(Y)
Class R5 Shares		1.17	%(Y)
Class Y Shares		0.95	%		1.08	%		1.06	%
Global Technology Fund
Class A Shares		1.43	%		1.32	%		1.53	%
Class B Shares		2.03	%		1.96	%		2.28	%
Class C Shares		2.30	%		2.21	%		2.28	%
Class Y Shares		1.08	%		1.17	%		1.13	%
Growth Allocation Fund
Class A Shares		0.60	%		0.67	%		0.64	%
Class B Shares		1.32	%		1.32	%		1.29	%
Class C Shares		1.31	%		1.32	%		1.29	%
Class I Shares		0.23	%		0.42	%†
Class R3 Shares		0.93	%(Y)
Class R4 Shares		0.65	%(Y)
Class R5 Shares		0.38	%(Y)
Growth Fund
Class A Shares		1.27	%		1.31	%		1.31	%
Class B Shares		2.08	%		2.08	%		2.13	%
Class C Shares		1.98	%		2.00	%		2.03	%
Class I Shares		0.90	%		0.91	%†
Class L Shares		1.04	%		1.03	%		1.04	%
Class R3 Shares		1.57	%(Y)
Class R4 Shares		1.18	%(Y)
Class R5 Shares		0.91	%(Y)
Class Y Shares		0.81	%		0.81	%		0.83	%
Growth Opportunities Fund
Class A Shares		1.31	%		1.18	%		1.30	%
Class B Shares		2.10	%		2.05	%		2.08	%
Class C Shares		1.97	%		2.05	%		2.07	%
Class I Shares		0.86	%		1.11	%†
Class L Shares		1.03	%		1.04	%		1.02	%
Class R3 Shares		1.57	%(Y)
Class R4 Shares		1.23	%(Y)
Class R5 Shares		0.92	%(Y)
Class Y Shares		0.79	%		0.81	%		0.82	%
High Yield Fund
Class A Shares		1.15	%		1.20	%		1.33	%
Class B Shares		1.90	%		1.94	%		2.10	%
Class C Shares		1.83	%		1.89	%		2.00	%
Class I Shares		0.75	%(s)
Class R3 Shares		1.40	%(Y)
Class R4 Shares		1.10	%(Y)
Class R5 Shares		0.85	%(Y)
Class Y Shares		0.67	%		0.73	%		0.87	%
High Yield Municipal Bond Fund
Class A Shares		0.25	%(I)
Class B Shares		1.00	%(I)
Class C Shares		1.01	%(I)
Class I Shares		0.00	%(I)

­ ­  333  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

	Year Ended			Year Ended			Year Ended
Fund	October 31, 2007			October 31, 2006			October 31, 2005
Income Allocation Fund
Class A Shares		0.58	%		0.61	%		0.56	%
Class B Shares		1.28	%		1.31	%		1.26	%
Class C Shares		1.28	%		1.31	%		1.26	%
Class I Shares		0.33	%		0.37	%†
Class R3 Shares		0.97	%(Y)
Class R4 Shares		0.68	%(Y)
Class R5 Shares		0.37	%(Y)
Income Fund
Class A Shares		0.95	%		0.95	%		0.95	%
Class B Shares		1.70	%		1.70	%		1.70	%
Class C Shares		1.70	%		1.70	%		1.70	%
Class Y Shares		0.68	%		0.70	%		0.70	%
Inflation Plus Fund
Class A Shares		0.85	%		0.95	%		0.95	%
Class B Shares		1.60	%		1.70	%		1.70	%
Class C Shares		1.60	%		1.70	%		1.70	%
Class I Shares		0.58	%		0.70	%†
Class R3 Shares		1.24	%(Y)
Class R4 Shares		0.99	%(Y)
Class R5 Shares		0.75	%(Y)
Class Y Shares		0.56	%		0.68	%		0.68	%
International Growth Fund
Class A Shares		1.48	%		1.56	%		1.53	%
Class B Shares		2.32	%		2.26	%		2.28	%
Class C Shares		2.19	%		2.31	%		2.28	%
Class I Shares		1.09	%		1.35	%†
Class R3 Shares		1.83	%(Y)
Class R4 Shares		1.45	%(Y)
Class R5 Shares		1.16	%(Y)
Class Y Shares		1.01	%		1.12	%		1.13	%
International Opportunities Fund
Class A Shares		1.49	%		1.54	%		1.52	%
Class B Shares		2.18	%		2.12	%		2.30	%
Class C Shares		2.21	%		2.30	%		2.30	%
Class R3 Shares		1.71	%(Y)
Class R4 Shares		1.40	%(Y)
Class R5 Shares		1.11	%(Y)
Class Y Shares		0.95	%		0.99	%		1.01	%
International Small Company Fund
Class A Shares		1.49	%		1.58	%		1.55	%
Class B Shares		2.25	%		2.22	%		2.30	%
Class C Shares		2.23	%		2.33	%		2.30	%
Class I Shares		1.18	%(s)
Class Y Shares		1.01	%		1.18	%		1.15	%
LargeCap Growth Fund
Class A Shares		1.11	%(A)
Class B Shares		1.96	%(A)
Class C Shares		1.93	%(A)
Class Y Shares		0.85	%(A)
MidCap Fund
Class A Shares		1.21	%		1.25	%		1.28	%
Class B Shares		1.98	%		2.01	%		2.06	%
Class C Shares		1.90	%		1.93	%		1.97	%
Class Y Shares		0.78	%		0.78	%		0.81	%
MidCap Growth Fund
Class A Shares		0.95	%		1.20	%#
Class B Shares		1.96	%		2.05	%#
Class C Shares		1.90	%		2.07	%#
Class Y Shares		0.65	%		0.79	%#
MidCap Value Fund
Class A Shares		1.39	%		1.39	%		1.38	%

­ ­  334  ­ ­

	Year Ended			Year Ended			Year Ended
Fund	October 31, 2007			October 31, 2006			October 31, 2005
MidCap Value Fund — (continued)
Class B Shares		2.15	%		2.14	%		2.13	%
Class C Shares		2.09	%		2.14	%		2.13	%
Class Y Shares		0.89	%		0.93	%		0.94	%
Money Market Fund
Class A Shares		0.95	%		0.95	%		0.95	%
Class B Shares		1.70	%		1.70	%		1.70	%
Class C Shares		1.69	%		1.70	%		1.70	%
Class R3 Shares		1.20	%(Y)
Class R4 Shares		0.90	%(Y)
Class R5 Shares		0.60	%(Y)
Class Y Shares		0.55	%		0.55	%		0.55	%
Retirement Income Fund
Class A Shares		0.48	%		0.54	%
Class B Shares		1.23	%		1.30	%
Class C Shares		1.23	%		1.30	%
Class R3 Shares		0.88	%(Y)
Class R4 Shares		0.59	%(Y)
Class R5 Shares		0.27	%(Y)
Class Y Shares		0.18	%		0.24	%
Select MidCap Growth Fund
Class A Shares		1.36	%		1.48	%		1.49	%*
Class B Shares		1.95	%		2.09	%		2.24	%*
Class C Shares		2.11	%		2.23	%		2.24	%*
Class Y Shares		1.01	%		1.08	%		1.09	%*
Select MidCap Value Fund
Class A Shares		1.32	%		1.50	%		1.54	%@
Class B Shares		2.00	%		2.25	%		2.29	%@
Class C Shares		2.07	%		2.25	%		2.29	%@
Class Y Shares		0.83	%		1.11	%		1.14	%@
Select SmallCap Value Fund
Class A Shares		1.40	%		1.60	%#
Class B Shares		2.35	%		2.35	%#
Class C Shares		2.32	%		2.35	%#
Class Y Shares		1.13	%		1.20	%#
Short Duration Fund
Class A Shares		0.90	%		0.90	%		0.90	%
Class B Shares		1.65	%		1.65	%		1.65	%
Class C Shares		1.65	%		1.65	%		1.65	%
Class Y Shares		0.64	%		0.65	%		0.65	%
Small Company Fund
Class A Shares		1.39	%		1.37	%		1.35	%
Class B Shares		2.11	%		2.12	%		2.10	%
Class C Shares		2.14	%		2.11	%		2.10	%
Class Y Shares		0.90	%		0.91	%		0.92	%
Class I Shares		1.12	%		1.10	%†
Class R3 Shares		1.65	%(Y)
Class R4 Shares		1.36	%(Y)
Class R5 Shares		1.10	%(Y)
SmallCap Growth Fund
Class A Shares		1.30	%		1.34	%		1.38	%
Class B Shares		2.00	%		2.00	%		2.13	%
Class C Shares		2.14	%		2.13	%		2.13	%
Class I Shares		1.15	%		1.15	%†
Class L Shares		1.15	%		1.13	%		1.20	%
Class R3 Shares		1.66	%(Y)
Class R4 Shares		1.37	%(Y)
Class R5 Shares		1.06	%(Y)
Class Y Shares		0.93	%		0.90	%		0.97	%
Stock Fund
Class A Shares		1.27	%		1.26	%		1.31	%
Class B Shares		2.10	%		2.10	%		2.21	%

­ ­  335  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

	Year Ended			Year Ended			Year Ended
Fund	October 31, 2007			October 31, 2006			October 31, 2005
Stock Fund — (continued)
Class C Shares		1.97	%		2.01	%		2.07	%
Class R3 Shares		1.51	%(Y)
Class R4 Shares		1.19	%(Y)
Class R5 Shares		0.92	%(Y)
Class Y Shares		0.75	%		0.76	%		0.82	%
Strategic Income Fund
Class A Shares		0.46	%(C)
Class B Shares		1.25	%(C)
Class C Shares		1.26	%(C)
Class I Shares		0.27	%(C)
Class Y Shares		0.24	%(D)
Target Retirement 2010 Fund
Class A Shares		0.51	%		0.54	%
Class B Shares		1.26	%		1.29	%
Class C Shares		1.25	%		1.30	%
Class R3 Shares		0.91	%(Y)
Class R4 Shares		0.62	%(Y)
Class R5 Shares		0.30	%(Y)
Class Y Shares		0.20	%		0.23	%
Target Retirement 2020 Fund
Class A Shares		0.52	%		0.53	%
Class B Shares		1.26	%		1.29	%
Class C Shares		1.26	%		1.30	%
Class R3 Shares		0.91	%(Y)
Class R4 Shares		0.63	%(Y)
Class R5 Shares		0.31	%(Y)
Class Y Shares		0.21	%		0.22	%
Target Retirement 2030 Fund
Class A Shares		0.54	%		0.53	%
Class B Shares		1.15	%		1.24	%
Class C Shares		1.25	%		1.10	%
Class R3 Shares		0.93	%(Y)
Class R4 Shares		0.66	%(Y)
Class R5 Shares		0.33	%(Y)					��
Class Y Shares		0.23	%		0.20	%
Tax-Free California Fund
Class A Shares		0.85	%		0.89	%		0.89	%
Class B Shares		1.60	%		1.64	%		1.64	%
Class C Shares		1.60	%		1.64	%		1.64	%
Tax-Free Minnesota Fund
Class A Shares		0.85	%		0.84	%		0.84	%
Class B Shares		1.60	%		1.56	%		1.59	%
Class C Shares		1.59	%		1.56	%		1.59	%
Class L Shares		0.90	%		0.86	%		0.89	%
Class Y Shares		0.71	%		0.83	%		0.90	%
Tax-Free National Fund
Class A Shares		0.85	%		1.00	%		1.01	%
Class B Shares		1.60	%		1.75	%		1.75	%
Class C Shares		1.60	%		1.75	%		1.75	%
Class L Shares		0.86	%		1.05	%		1.05	%
Class Y Shares		0.64	%		0.89	%		0.98	%
Tax-Free New York Fund
Class A Shares		0.84	%		0.83	%		0.84	%
Class B Shares		1.59	%		1.58	%		1.59	%
Class C Shares		1.59	%		1.58	%		1.59	%
Total Return Bond Fund
Class A Shares		1.00	%		1.19	%		1.20	%
Class B Shares		1.75	%		1.95	%		1.95	%
Class C Shares		1.75	%		1.86	%		1.87	%
Class I Shares		0.72	%(s)		0.91	%†
Class R3 Shares		0.72	%(Y)

­ ­  336  ­ ­

	Year Ended			Year Ended			Year Ended
Fund	October 31, 2007			October 31, 2006			October 31, 2005
Total Return Bond Fund — (continued)
Class R4 Shares		0.72	%(Y)
Class R5 Shares		0.72	%(Y)
Class Y Shares		0.61	%(D)		0.70	%		0.74	%
U.S. Government Securities Fund
Class A Shares		1.00	%		1.15	%		1.15	%
Class B Shares		1.71	%		1.90	%		1.90	%
Class C Shares		1.75	%		1.90	%		1.90	%
Class L Shares		0.91	%		1.08	%		1.08	%
Class Y Shares		0.68	%		0.83	%		0.86	%
Value Fund
Class A Shares		1.32	%		1.37	%		1.39	%
Class B Shares		2.15	%		2.12	%		2.14	%
Class C Shares		2.09	%		2.14	%		2.14	%
Class R3 Shares		1.65	%(Y)
Class R4 Shares		1.35	%(Y)
Class R5 Shares		1.05	%(Y)
Class Y Shares		0.88	%		0.91	%		0.92	%
Value Opportunities Fund
Class A Shares		1.40	%		1.39	%		1.39	%
Class B Shares		2.13	%		2.11	%		2.14	%
Class C Shares		2.15	%		2.14	%		2.14	%
Class I Shares		1.16	%(s)		1.15	%†
Class L Shares		1.24	%		1.22	%		1.30	%
Class R3 Shares		1.65	%(Y)
Class R4 Shares		1.38	%(Y)
Class R5 Shares		1.05	%(Y)
Class Y Shares		0.94	%		0.99	%		1.06	%

*	From January 1, 2005 (commencement of operations), through October 31, 2005.
@	From April 29, 2005 (commencement of operations), through October 31, 2005.
#	From July 31, 2006 (commencement of operations), through October 31, 2006.
†	From August 31, 2006 (commencement of operations), through October 31, 2006.
(A)	From November 30, 2006 (commencement of operations), through October 31, 2007.
(Y)	From December 22, 2006 (commencement of operations), through October 31, 2007.
(s)	From May 31, 2007 (commencement of operations), through October 31, 2007.
(D)	From August 31, 2007 (commencement of operations), through October 31, 2007.
(I)	From May 1, 2007 (commencement of operations) through October 31, 2007
(C)	From May 15, 2007 (commencement of operations) through October 31, 2007

e)  Distribution and Service Plan for Class A, B, C, H, L, M and N Shares — HIFSCO is the principal underwriter and distributor of the Funds. HIFSCO is engaged in distribution activities, which include marketing and distribution of shares through broker-dealers, financing distribution costs and maintaining financial books and records. For the year ended October 31, 2007, the following revenues were received by HIFSCO:

	Front-end Load		Contingent Deferred
	Sales Charge		Sales Charge
Advisers Fund	$	996	$	311
Balanced Allocation Fund		4,334		325
Balanced Income Fund		523		3
Capital Appreciation Fund		40,456		2,502
Capital Appreciation II Fund		9,150		177
Checks and Balances Fund		5,718		12
Conservative Allocation Fund		798		70
Disciplined Equity Fund		162		35
Dividend and Growth Fund		14,664		458
Equity Growth Allocation Fund		1,446		112
Equity Income Fund		5,057		78
Floating Rate Fund		6,520		2,401
Fundamental Growth Fund		47		20
Global Communications Fund		229		9
Global Financial Services Fund		115		4
Global Growth Fund		533		66

­ ­  337  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

	Front-end Load		Contingent Deferred
	Sales Charge		Sales Charge
Global Health Fund	$	2,786	$	151
Global Technology Fund		166		23
Growth Allocation Fund		3,958		307
Growth Fund		670		130
Growth Opportunities Fund		3,058		115
High Yield Fund		482		64
High Yield Municipal Bond Fund		374		38
Income Allocation Fund		199		11
Income Fund		664		32
Inflation Plus Fund		161		388
International Growth Fund		2,562		70
International Opportunities Fund		970		36
International Small Company Fund		939		33
LargeCap Growth Fund		16		—
MidCap Fund		289		226
MidCap Growth Fund		76		3
MidCap Value Fund		88		59
Money Market Fund		—		165
Retirement Income Fund		10		—
Select MidCap Growth Fund		157		10
Select MidCap Value Fund		412		19
Select SmallCap Value Fund		43		—
Short Duration Fund		103		24
Small Company Fund		739		37
SmallCap Growth Fund		321		69
Stock Fund		576		141
Strategic Income Fund		364		1
Target Retirement 2010 Fund		11		—
Target Retirement 2020 Fund		45		1
Target Retirement 2030 Fund		37		7
Tax-Free California Fund		178		10
Tax-Free Minnesota Fund		85		—
Tax-Free National Fund		800		77
Tax-Free New York Fund		16		5
Total Return Bond Fund		5,486		191
U.S. Government Securities Fund		141		40
Value Fund		206		19
Value Opportunities Fund		1,141		36

The Funds have adopted Distribution and Service Plans in accordance with Rule 12b-1 of the Investment Company Act of 1940, as amended, to compensate the Distributor (HIFSCO) for activities intended to result in the sale and distribution of Classes A, B, C, L, R3 and R4 shares and for providing services for shareholders. The Rule 12b-1 plan applicable to Class A shares of the Funds provides for payment of a Rule 12b-1 fee of up to 0.35% of average daily net assets; however, the Boards of Directors have currently authorized 12b-1 payments of only up to 0.25%. Some or all of the fee may be used for shareholder servicing expenses with the remainder used for distribution expenses. Some or the entire Rule 12b-1 fee for Class B shares may be remitted to broker-dealers for distribution and/or shareholder account services. Under the Class B Plan, the Fund pays the Distributor 1.00% of the average daily net assets of Class B shares that are outstanding for 8 years or less, 0.25% of which is a fee for service provided to existing shareholders with the remainder used for distribution expenses. After eight years, Class B shares convert to Class A shares. Upon conversion to Class A shares, the Class A plan described above will apply to those shares. Under the Class C Plan, the Fund pays the Distributor 1.00% of the average daily net assets of Class C shares outstanding, 0.25% of which is intended as a fee for services provided to existing shareholders with the remainder used for distribution expenses. For Class C shares, some or the entire fee may be remitted to broker-dealers for distribution and/or shareholder account services. Class L has a distribution fee of 0.25% for each Fund. Class R3 shares have a distribution fee of 0.50% and Class R4 shares have a distribution fee of 0.25%. For Classes R3 and R4 shares, some or the entire fee may be remitted to broker dealers for distribution and/or shareholder account services. The Funds’ 12b-1 fees are accrued daily and pay monthly. Classes H, M, N and Z were merged into Classes L and Y, please see note 8 for details.

For the year ended October 31, 2007, total sales commissions paid to affiliated brokers/dealers of The Hartford for distributing the Funds’ shares were $5,231. These commissions are in turn paid to sales representatives of the broker/dealers.

f)  Other Related Party Transactions — The Hartford provided certain legal services to the Funds, for which the Funds were charged $199 for the year ended October 31, 2007. Certain officers of the Funds are directors and/or officers of HIFSCO, Hartford Investment Management and/or The Hartford or its subsidiaries. For the year ended October 31, 2007, a portion of the Funds’ chief compliance officer’s salary was paid by the Funds in the amount of $75. Hartford Administrative Services Company (“HASCO”), a wholly-owned subsidiary of The Hartford, provides transfer agent services to the Funds. HASCO was compensated $69,349 for providing such services. The Funds accrue these fees daily and pay monthly.

­ ­  338  ­ ­

g)  Payments from Affiliate:

On November 8, 2006, the SEC issued an Order setting forth the terms of a settlement reached with three subsidiaries of The Hartford that resolves the SEC’s Division of Enforcement’s investigation concerning aspects of The Hartford’s variable annuity and mutual fund operations related to directed brokerage and revenue sharing. Under the terms of the settlement, The Hartford paid a total of $15.4 million to The Hartford Mutual Funds in the amounts indicated below. Those amounts were recorded on the books of the Funds on November 8, 2006 and paid on November 22, 2006. The Hartford settled this matter without admitting or denying the findings of the SEC.

	Capital Gain
Fund Name	Reimbursement		Income Reimbursement		Total Reimbursement
Advisers Fund	$	920	$	345	$	1,265
Capital Appreciation Fund		3,768		1,413		5,181
Disciplined Equity Fund		212		80		292
Dividend and Growth Fund		740		278		1,018
Fundamental Growth Fund		140		53		193
Global Communications Fund		4		2		6
Global Financial Services Fund		4		2		6
Global Growth Fund		1,392		522		1,914
Global Health Fund		76		29		105
Global Technology Fund		16		6		22
Growth Fund		112		42		154
Growth Opportunities Fund		300		113		413
International Growth Fund		4		2		6
International Opportunities Fund		20		8		28
MidCap Fund		1,788		671		2,459
MidCap Value Fund		40		15		55
Small Company Fund		488		183		671
SmallCap Growth Fund		28		11		39
Stock Fund		1,140		428		1,568
Value Fund		8		3		11
Value Opportunities Fund		12		4		16

On April 20, 2007, MidCap Growth Fund was reimbursed $24 in trading reimbursements relating to the change in portfolio managers of the Fund.

On May 2, 2007 and June 8, 2007, Small Company Fund was reimbursed $909 in trading reimbursements and $228 for incorrect IPO allocations.

The table below shows the impact on total return from the payments from affiliates:

										Impact from
										Payment from
										Affiliate for
	Impact from			Impact from Payment			Total Return			Transfer Agent
	Payment from			from Affiliate for			Excluding			Allocation			Total Return
	Affiliate for SEC			Trading			Payments from			Methodology			Excluding Payments
	Settlement			Reimbursements			Affiliate			Reimbursements			from Affiliate
	for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended
Fund	October 31, 2007			October 31, 2007			October 31, 2007			October 31, 2004			October 31, 2004
Advisers Fund Class A		0.07	%		—	%		13.15	%		0.19	%		3.74	%
Advisers Fund Class B		0.08			—			12.24			0.26			2.95
Advisers Fund Class C		0.07			—			12.36			0.21			3.06
Advisers Fund Class Y		0.07			—			13.65			—			—
Capital Appreciation Fund Class A		0.03			—			26.11			—			—
Capital Appreciation Fund Class B		0.04			—			25.10			—			—
Capital Appreciation Fund Class C		0.04			—			25.23			—			—
Capital Appreciation Fund Class I		0.03			—			26.45			—			—
Capital Appreciation Fund Class Y		0.03			—			26.62			—			—
Disciplined Equity Fund Class A		0.08			—			13.78			—			—
Disciplined Equity Fund Class B		0.08			—			13.05			—			—
Disciplined Equity Fund Class C		0.08			—			12.98			0.01			5.24
Disciplined Equity Fund Class Y		0.07			—			14.37			—			—
Dividend and Growth Fund Class A		0.03			—			16.17			0.06			12.47
Dividend and Growth Fund Class B		0.03			—			15.19			—			—
Dividend and Growth Fund Class C		0.03			—			15.39			0.04			11.72
Dividend and Growth Fund Class I		0.03			—			16.64			—			—
Dividend and Growth Fund Class Y		0.03			—			16.65			—			—
Fundamental Growth Fund Class A		0.28			—			26.24			0.03			2.21
Fundamental Growth Fund Class B		0.29			—			25.34			—			1.48
Fundamental Growth Fund Class C		0.29			—			25.32			0.06			1.53

­ ­  339  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

										Impact from
										Payment from
										Affiliate for
	Impact from			Impact from Payment			Total Return			Transfer Agent
	Payment from			from Affiliate for			Excluding			Allocation			Total Return
	Affiliate for SEC			Trading			Payments from			Methodology			Excluding Payments
	Settlement			Reimbursements			Affiliate			Reimbursements			from Affiliate
	for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended
Fund	October 31, 2007			October 31, 2007			October 31, 2007			October 31, 2004			October 31, 2004
Fundamental Growth Fund Class Y		0.28	%		—	%		26.83	%		—	%		—	%
Global Communications Fund Class A		0.02			—			39.00			—			—
Global Communications Fund Class B		0.02			—			37.99			—			—
Global Communications Fund Class C		0.02			—			37.94			—			—
Global Communications Fund Class Y		0.02			—			39.55			—			—
Global Financial Services Fund Class A		0.02			—			8.40			—			—
Global Financial Services Fund Class B		0.02			—			7.73			—			—
Global Financial Services Fund Class C		0.02			—			7.55			—			—
Global Financial Services Fund Class Y		0.02			—			8.89			—			—
Global Growth Fund Class A		0.26			—			35.50			—			—
Global Growth Fund Class B		0.27			—			34.45			—			—
Global Growth Fund Class C		0.27			—			34.58			—			—
Global Growth Fund Class Y		0.25			—			36.28			—			—
Global Health Fund Class A		0.01			—			9.94			—			—
Global Health Fund Class B		0.01			—			8.90			—			—
Global Health Fund Class C		0.01			—			9.09			—			—
Global Health Fund Class I		0.01			—			10.46			—			—
Global Health Fund Class Y		0.01			—			10.44			—			—
Global Technology Fund Class A		0.04			—			27.46			—			—
Global Technology Fund Class B		0.04			—			26.57			—			—
Global Technology Fund Class C		0.04			—			26.25			—			—
Global Technology Fund Class Y		0.04			—			27.96			—			—
Growth Fund Class A		0.01			—			23.90			—			—
Growth Fund Class B		0.01			—			23.00			—			—
Growth Fund Class C		0.01			—			23.08			—			—
Growth Fund Class I		0.01			—			24.35			—			—
Growth Fund Class L		0.01			—			24.20			—			—
Growth Fund Class Y		0.01			—			24.50			—			—
Growth Opportunities Fund Class A		0.03			—			40.34			—			—
Growth Opportunities Fund Class B		0.04			—			39.24			—			—
Growth Opportunities Fund Class C		0.04			—			39.35			—			—
Growth Opportunities Fund Class I		0.03			—			40.84			—			—
Growth Opportunities Fund Class L		0.03			—			40.72			—			—
Growth Opportunities Fund Class Y		0.03			—			41.02			—			—
High Yield Fund Class A		—			—			—			0.01			9.25
High Yield Fund Class B		—			—			—			—			8.45
High Yield Fund Class C		—			—			—			0.10			8.44
International Growth Fund Class A		—			—			39.31			—			—
International Growth Fund Class B		—			—			38.11			—			—
International Growth Fund Class C		—			—			38.27			—			—
International Growth Fund Class I		—			—			39.73			—			—
International Growth Fund Class Y		—			—			40.01			—			—
International Opportunities Fund Class A		0.01			—			39.14			—			—
International Opportunities Fund Class B		0.01			—			38.16			—			—
International Opportunities Fund Class C		0.01			—			38.16			—			—
International Opportunities Fund Class Y		0.01			—			39.90			—			—
MidCap Fund Class A		0.08			—			25.86			—			—
MidCap Fund Class B		0.09			—			24.87			—			—
MidCap Fund Class C		0.09			—			24.97			—			—
MidCap Fund Class Y		0.08			—			26.40			—			—
MidCap Growth Fund Class A		—			0.13			25.00			—			—
MidCap Growth Fund Class B		—			0.13			23.67			—			—
MidCap Growth Fund Class C		—			0.13			23.77			—			—
MidCap Growth Fund Class Y		—			0.13			25.35			—			—
MidCap Value Fund Class A		0.01			—			16.71			—			—
MidCap Value Fund Class B		0.01			—			15.85			—			—

­ ­  340  ­ ­

										Impact from
										Payment from
										Affiliate for
	Impact from			Impact from Payment			Total Return			Transfer Agent
	Payment from			from Affiliate for			Excluding			Allocation			Total Return
	Affiliate for SEC			Trading			Payments from			Methodology			Excluding Payments
	Settlement			Reimbursements			Affiliate			Reimbursements			from Affiliate
	for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended			for the Year Ended
Fund	October 31, 2007			October 31, 2007			October 31, 2007			October 31, 2004			October 31, 2004
MidCap Value Fund Class C		0.01	%		—	%		15.93	%		—	%		—	%
MidCap Value Fund Class Y		0.01			—			17.37			—			—
Small Company Fund Class A		0.16			0.22			23.41			—			—
Small Company Fund Class B		0.18			0.24			22.46			—			—
Small Company Fund Class C		0.18			0.24			22.37			—			—
Small Company Fund Class I		0.16			0.22			23.81			—			—
Small Company Fund Class R3		—			0.20			17.44			—			—
Small Company Fund Class R4		—			0.20			17.80			—			—
Small Company Fund Class R5		—			0.20			18.07			—			—
Small Company Fund Class Y		0.16			0.20			23.99			—			—
SmallCap Growth Fund Class A		0.01			—			7.17			—			—
SmallCap Growth Fund Class B		0.01			—			6.43			—			—
SmallCap Growth Fund Class C		0.01			—			6.33			—			—
SmallCap Growth Fund Class I		0.01			—			7.36			—			—
SmallCap Growth Fund Class L		0.01			—			7.40			—			—
SmallCap Growth Fund Class Y		0.01			—			7.60			—			—
Stock Fund Class A		0.13			—			16.67			—			—
Stock Fund Class B		0.14			—			15.72			—			—
Stock Fund Class C		0.14			—			15.86			—			—
Stock Fund Class Y		0.12			—			17.31			—			—
Total Return Bond Fund Class A		—			—			—			0.02			5.08
Total Return Bond Fund Class B		—			—			—			0.02			4.35
Total Return Bond Fund Class C		—			—			—			0.19			4.57
Value Fund Class A		—			—			16.60			—			—
Value Fund Class B		—			—			15.62			—			—
Value Fund Class C		—			—			15.62			—			—
Value Fund Class Y		—			—			17.06			—			—
Value Opportunities Fund Class A		0.01			—			9.72			—			—
Value Opportunities Fund Class B		0.01			—			8.89			—			—
Value Opportunities Fund Class C		0.01			—			8.90			—			—
Value Opportunities Fund Class I		0.01			—			10.07			—			—
Value Opportunities Fund Class L		0.01			—			9.91			—			—
Value Opportunities Fund Class Y		0.01			—			10.29			—			—

4.  Affiliate Holdings:

As of October 31, 2007, affiliates of The Hartford had ownership of shares in the Funds as follows:

Fund	Class A		Class B		Class C		Class I		Class R3		Class R4		Class R5		Class Y
Advisers Fund		—		—		—		N/A		1		1		1		—
Balanced Allocation Fund		—		—		—		—		1		1		1		N/A
Balanced Income Fund		975		26		26		N/A		N/A		N/A		N/A		10
Capital Appreciation Fund		—		—		—		—		*		*		*		—
Capital Appreciation II Fund		—		—		—		—		1		1		1		9
Conservative Allocation Fund		—		—		—		—		1		1		1		N/A
Disciplined Equity Fund		—		—		—		N/A		1		1		1		—
Dividend and Growth Fund		—		—		—		—		*		*		*		—
Equity Growth Allocation Fund		—		—		—		1		1		1		1		N/A
Equity Income Fund		—		—		—		—		1		1		1		—
Floating Rate Fund		—		—		—		—		1		1		1		—
Global Financial Services Fund		617		—		—		N/A		N/A		N/A		N/A		—
Global Growth Fund		—		—		—		N/A		1		1		1		—
Global Health Fund		—		—		—		—		1		1		1		—
Growth Allocation Fund		—		—		—		—		1		1		1		N/A
Growth Fund		—		—		—		—		1		1		1		—
Growth Opportunities Fund		—		—		—		—		*		*		*		—

­ ­  341  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

Fund	Class A		Class B		Class C		Class I		Class R3		Class R4		Class R5		Class Y
High Yield Fund		—		—		—		3		1		1		1		—
High Yield Municipal Bond Fund		929		31		31		31		N/A		N/A		N/A		N/A
Income Allocation Fund		—		—		—		—		1		1		1		N/A
Inflation Plus Fund		—		—		—		—		1		1		1		—
International Growth Fund		—		—		—		—		1		1		1		—
International Opportunities Fund		—		—		—		N/A		1		1		1		—
International Small Company Fund		—		—		—		1		N/A		N/A		N/A		—
LargeCap Growth Fund		941		25		25		N/A		N/A		N/A		N/A		10
MidCap Growth Fund		950		25		25		N/A		N/A		N/A		N/A		10
Money Market Fund		—		—		—		N/A		10		10		10		—
Retirement Income Fund		28		12		12		N/A		1		1		1		12
Select MidCap Growth Fund		—		—		—		N/A		N/A		N/A		N/A		9
Select SmallCap Value Fund		1,443		25		25		N/A		N/A		N/A		N/A		10
Small Company Fund		—		—		—		—		*		*		*		—
SmallCap Growth Fund		—		—		—		—		*		*		*		—
Stock Fund		—		—		—		N/A		*		*		*		—
Strategic Income Fund		1,866		62		62		62		N/A		N/A		N/A		11
Target Retirement 2010 Fund		25		14		14		N/A		1		1		1		14
Target Retirement 2020 Fund		8		1		1		N/A		1		1		1		1
Target Retirement 2030 Fund		8		3		3		N/A		1		1		1		3
Tax-Free California Fund		852		—		—		N/A		N/A		N/A		N/A		N/A
Tax-Free National Fund		—		—		—		2		N/A		N/A		N/A		—
Tax-Free New York Fund		978		118		118		N/A		N/A		N/A		N/A		N/A
Total Return Bond Fund		—		—		—		—		1		1		1		—
Value Fund		—		—		—		2		1		1		1		—
Value Opportunities Fund		—		—		—		—		1		1		1		—

* Due to the presentation of the financial statements in thousands, the number of shares held round to zero.

N/A— Not Applicable.

5.  Investment Transactions:

For the year ended October 31, 2007, the cost of purchases and sales of securities for Money Market Fund were $5,978,753 and $5,820,368, respectively. For the year ended October 31, 2007, aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Cost of Purchases		Sales Proceeds
	Excluding U.S.		Excluding U.S.		Cost of Purchases for		Sales Proceeds for
	Government		Government		U.S. Government		U.S. Government
	Obligations		Obligations		Obligations		Obligations
Advisers Fund	$	1,409,824	$	1,653,374	$	47,582	$	115,759
Balanced Allocation Fund		453,374		317,177		—		—
Balanced Income Fund		36,541		5,180		2,859		2,826
Capital Appreciation Fund		14,406,798		12,078,188		—		—
Capital Appreciation II Fund		1,549,723		777,626		—		—
Checks and Balances Fund		230,280		—		—		—
Conservative Allocation Fund		105,362		72,391		—		—
Disciplined Equity Fund		249,860		379,434		—		—
Dividend and Growth Fund		1,150,115		905,267		—		—
Equity Growth Allocation Fund		146,904		102,709		—		—
Equity Income Fund		428,214		171,206		—		—
Floating Rate Fund		4,521,322		2,516,029		—		—
Fundamental Growth Fund		101,074		119,465		—		—
Global Communications Fund		44,746		36,608		—		—
Global Financial Services Fund		35,094		33,466		—		—
Global Growth Fund		645,093		776,173		—		—
Global Health Fund		468,443		340,753		—		—
Global Technology Fund		94,934		91,080		—		—
Growth Allocation Fund		426,782		328,974		—		—
Growth Fund		1,027,984		1,358,222		—		—
Growth Opportunities Fund		2,035,097		1,737,164		—		—
High Yield Fund		378,885		428,327		—		—
High Yield Municipal Bond Fund		72,430		7,593		—		—
Income Allocation Fund		26,368		15,518		—		—

­ ­  342  ­ ­

	Cost of Purchases		Sales Proceeds
	Excluding U.S.		Excluding U.S.		Cost of Purchases for		Sales Proceeds for
	Government		Government		U.S. Government		U.S. Government
	Obligations		Obligations		Obligations		Obligations
Income Fund	$	443,282	$	250,681	$	108,907	$	102,309
Inflation Plus Fund		25,371		81,621		3,638,198		3,751,556
International Growth Fund		1,111,487		999,381		—		—
International Opportunities Fund		569,424		509,197		—		—
International Small Company Fund		333,028		251,762		—		—
LargeCap Growth Fund		25,163		14,062		—		—
MidCap Fund		2,357,945		2,667,407		—		—
MidCap Growth Fund		41,872		37,105		—		—
MidCap Value Fund		204,760		301,544		—		—
Retirement Income Fund		4,228		1,585		—		—
Select MidCap Growth Fund		56,864		86,578		—		—
Select MidCap Value Fund		175,779		146,324		—		—
Select SmallCap Value Fund		138,244		53,878		—		—
Short Duration Fund		122,498		91,806		76,026		51,240
Small Company Fund		998,599		900,036		—		—
SmallCap Growth Fund		472,722		623,271		—		—
Stock Fund		1,101,435		1,425,909		—		—
Strategic Income Fund		98,272		16,393		2,520		2,347
Target Retirement 2010 Fund		9,834		3,537		—		—
Target Retirement 2020 Fund		17,982		1,879		—		—
Target Retirement 2030 Fund		15,029		2,081		—		—
Tax-Free California Fund		29,271		12,244		—		—
Tax-Free Minnesota Fund		8,258		6,402		—		—
Tax-Free National Fund		123,152		66,738		—		—
Tax-Free New York Fund		3,396		2,686		—		—
Total Return Bond Fund		3,073,376		2,709,808		1,452,766		1,538,983
U.S. Government Securities Fund		86,322		86,247		38,493		46,767
Value Fund		298,691		116,464		—		—
Value Opportunities Fund		185,668		220,530		—		—

6.  Capital Share Transactions:

The following information is for the years ended October 31, 2007 and October 31, 2006:

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007			2006
Advisers Fund:
Class A	Shares		6,316		5,913		1,427		1,293		(15,308	)		(20,561	)		—		—		(7,565	)		(13,355	)
	Amount	$	111,532	$	94,790	$	24,851	$	20,524	$	(269,518	)	$	(328,675	)	$	—	$	—	$	(133,135	)	$	(213,361	)
Class B	Shares		505		706		255		244		(7,864	)		(9,117	)		—		—		(7,104	)		(8,167	)
	Amount	$	8,837	$	11,190	$	4,349	$	3,830	$	(137,250	)	$	(144,469	)	$	—	$	—	$	(124,064	)	$	(129,449	)
Class C	Shares		462		595		185		153		(2,603	)		(4,156	)		—		—		(1,956	)		(3,408	)
	Amount	$	8,160	$	9,531	$	3,198	$	2,436	$	(45,767	)	$	(66,459	)	$	—	$	—	$	(34,409	)	$	(54,492	)
Class R3	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R4	Shares		3		—		—		—		—			—			—		—		3			—
	Amount	$	52	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	52		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		54		102		29		24		(65	)		(68	)		—		—		18			58
	Amount	$	965	$	1,645	$	517	$	381	$	(1,165	)	$	(1,097	)	$	—	$	—	$	317		$	929
Balanced Allocation Fund:
Class A	Shares		14,252		19,071		2,038		584		(7,600	)		(5,910	)		—		—		8,690			13,745
	Amount	$	175,249	$	220,432	$	24,479	$	6,675	$	(93,540	)	$	(68,331	)	$	—	$	—	$	106,188		$	158,776
Class B	Shares		2,401		3,455		404		95		(1,536	)		(1,092	)		—		—		1,269			2,458
	Amount	$	29,397	$	39,827	$	4,818	$	1,083	$	(18,872	)	$	(12,605	)	$	—	$	—	$	15,343		$	28,305

­ ­  343  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007		2006
Balanced Allocation Fund — (continued)
Class C	Shares		5,561		6,694		568		123		(3,170	)		(1,987	)		—		—		2,959		4,830
	Amount	$	68,155	$	77,177	$	6,776	$	1,397	$	(39,000	)	$	(22,926	)	$	—	$	—	$	35,931	$	55,648
Class I	Shares		110		30		3		—		(71	)		(1	)		—		—		42		29
	Amount	$	1,347	$	354	$	35	$	—	$	(883	)	$	(6	)	$	—	$	—	$	499	$	348
Class R3	Shares		9		—		—		—		—			—			—		—		9		—
	Amount	$	113	$	—	$	1	$	—	$	(4	)	$	—		$	—	$	—	$	110	$	—
Class R4	Shares		209		—		1		—		(5	)		—			—		—		205		—
	Amount	$	2,645	$	—	$	8	$	—	$	(58	)	$	—		$	—	$	—	$	2,595	$	—
Class R5	Shares		55		—		—		—		—			—			—		—		55		—
	Amount	$	687	$	—	$	4	$	—	$	—		$	—		$	—	$	—	$	691	$	—
Balanced Income Fund:
Class A	Shares		2,672		1,099		71		6		(172	)		—			—		—		2,571		1,105
	Amount	$	28,774	$	11,040	$	766	$	56	$	(1,851	)	$	(2	)	$	—	$	—	$	27,689	$	11,094
Class B	Shares		184		29		3		—		(8	)		—			—		—		179		29
	Amount	$	1,985	$	293	$	28	$	1	$	(91	)	$	(1	)	$	—	$	—	$	1,922	$	293
Class C	Shares		367		40		4		—		(22	)		(1	)		—		—		349		39
	Amount	$	3,957	$	396	$	41	$	1	$	(237	)	$	(10	)	$	—	$	—	$	3,761	$	387
Class R3	Shares		—		—		—		—		—			—			—		—		—		—
	Amount	$	—	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Class R4	Shares		—		—		—		—		—			—			—		—		—		—
	Amount	$	—	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Class R5	Shares		—		—		—		—		—			—			—		—		—		—
	Amount	$	—	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Class Y	Shares		—		10		—		—		—			—			—		—		—		10
	Amount	$	—	$	100	$	4	$	1	$	—		$	—		$	—	$	—	$	4	$	101
Capital Appreciation Fund:
Class A	Shares		87,303		84,017		17,873		14,870		(42,965	)		(30,418	)		—		—		62,211		68,469
	Amount	$	3,502,107	$	3,124,042	$	659,971	$	506,913	$	(1,730,535	)	$	(1,131,379	)	$	—	$	—	$	2,431,543	$	2,499,576
Class B	Shares		6,777		8,674		4,371		4,950		(9,556	)		(10,212	)		—		—		1,592		3,412
	Amount	$	243,926	$	296,102	$	146,176	$	155,430	$	(348,719	)	$	(346,891	)	$	—	$	—	$	41,383	$	104,641
Class C	Shares		29,666		29,995		6,331		5,348		(12,054	)		(7,758	)		—		—		23,943		27,585
	Amount	$	1,078,361	$	1,028,852	$	212,674	$	168,448	$	(440,984	)	$	(265,307	)	$	—	$	—	$	850,051	$	931,993
Class I	Shares		3,462		131		17		—		(198	)		—			—		—		3,281		131
	Amount	$	140,237	$	5,082	$	626	$	—	$	(8,135	)	$	—		$	—	$	—	$	132,728	$	5,082
Class R3	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	34	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	34	$	—
Class R4	Shares		326		—		—		—		(8	)		—			—		—		318		—
	Amount	$	15,387	$	—	$	—	$	—	$	(390	)	$	—		$	—	$	—	$	14,997	$	—
Class R5	Shares		24		—		—		—		—			—			—		—		24		—
	Amount	$	1,141	$	—	$	—	$	—	$	(2	)	$	—		$	—	$	—	$	1,139	$	—
Class Y	Shares		11,305		3,241		1,019		605		(1,104	)		(400	)		—		—		11,220		3,446
	Amount	$	487,276	$	127,775	$	40,269	$	21,836	$	(48,276	)	$	(15,793	)	$	—	$	—	$	479,269	$	133,818
Capital Appreciation II Fund:
Class A	Shares		35,707		15,712		400		68		(6,023	)		(2,554	)		—		—		30,084		13,226
	Amount	$	527,123	$	195,318	$	5,193	$	756	$	(88,458	)	$	(31,236	)	$	—	$	—	$	443,858	$	164,838
Class B	Shares		4,444		1,831		52		8		(430	)		(168	)		—		—		4,066		1,671
	Amount	$	64,283	$	22,555	$	666	$	89	$	(6,279	)	$	(2,061	)	$	—	$	—	$	58,670	$	20,583
Class C	Shares		18,529		6,194		166		23		(1,252	)		(468	)		—		—		17,443		5,749
	Amount	$	269,523	$	76,372	$	2,128	$	261	$	(18,308	)	$	(5,716	)	$	—	$	—	$	253,343	$	70,917
Class I	Shares		6,315		252		6		—		(1,643	)		—			—		—		4,678		252
	Amount	$	92,756	$	3,204	$	77	$	—	$	(23,510	)	$	(1	)	$	—	$	—	$	69,323	$	3,203
Class R3	Shares		40		—		—		—		(13	)		—			—		—		27		—
	Amount	$	572	$	—	$	—	$	—	$	(186	)	$	—		$	—	$	—	$	386	$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	11	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	11	$	—
Class R5	Shares		8		—		—		—		—			—			—		—		8		—
	Amount	$	122	$	—	$	—	$	—	$	(1	)	$	—		$	—	$	—	$	121	$	—

­ ­  344  ­ ­

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007			2006
Capital Appreciation II Fund: — (continued)
Class Y	Shares		—		—		—		—		—			(21	)		—		—		—			(21	)
	Amount	$	—	$	—	$	3	$	5	$	—		$	(259	)	$	—	$	—	$	3		$	(254	)
Checks and Balances Fund:
Class A	Shares		16,805		—		34		—		(413	)		—			—		—		16,426			—
	Amount	$	170,540	$	—	$	352	$	—	$	(4,185	)	$	—		$	—	$	—	$	166,707		$	—
Class B	Shares		1,922		—		3		—		(42	)		—			—		—		1,883			—
	Amount	$	19,482	$	—	$	28	$	—	$	(421	)	$	—		$	—	$	—	$	19,089		$	—
Class C	Shares		5,322		—		7		—		(76	)		—			—		—		5,253			—
	Amount	$	54,033	$	—	$	71	$	—	$	(776	)	$	—		$	—	$	—	$	53,328		$	—
Conservative Allocation Fund:
Class A	Shares		3,702		4,226		503		244		(2,134	)		(2,764	)		—		—		2,071			1,706
	Amount	$	41,554	$	45,809	$	5,558	$	2,610	$	(23,979	)	$	(29,932	)	$	—	$	—	$	23,133		$	18,487
Class B	Shares		622		781		97		44		(352	)		(338	)		—		—		367			487
	Amount	$	6,959	$	8,456	$	1,066	$	476	$	(3,940	)	$	(3,670	)	$	—	$	—	$	4,085		$	5,262
Class C	Shares		3,123		2,288		155		78		(2,519	)		(1,727	)		—		—		759			639
	Amount	$	34,833	$	24,716	$	1,712	$	832	$	(28,100	)	$	(18,742	)	$	—	$	—	$	8,445		$	6,806
Class I	Shares		349		1		5		—		(226	)		—			—		—		128			1
	Amount	$	3,864	$	10	$	50	$	—	$	(2,542	)	$	—		$	—	$	—	$	1,372		$	10
Class R3	Shares		2		—		—		—		—			—			—		—		2			—
	Amount	$	20	$	—	$	—	$	—	$	(1	)	$	—		$	—	$	—	$	19		$	—
Class R4	Shares		39		—		—		—		(2	)		—			—		—		37			—
	Amount	$	436	$	—	$	2	$	—	$	(19	)	$	—		$	—	$	—	$	419		$	—
Class R5	Shares		60		—		—		—		—			—			—		—		60			—
	Amount	$	684	$	—	$	2	$	—	$	(2	)	$	—		$	—	$	—	$	684		$	—
Disciplined Equity Fund:
Class A	Shares		779		935		99		24		(3,352	)		(4,408	)		—		—		(2,474	)		(3,449	)
	Amount	$	10,991	$	11,655	$	1,346	$	299	$	(47,069	)	$	(54,869	)	$	—	$	—	$	(34,732	)	$	(42,915	)
Class B	Shares		115		149		3		—		(848	)		(841	)		—		—		(730	)		(692	)
	Amount	$	1,544	$	1,770	$	38	$	—	$	(11,417	)	$	(9,997	)	$	—	$	—	$	(9,835	)	$	(8,227	)
Class C	Shares		63		70		1		—		(520	)		(737	)		—		—		(456	)		(667	)
	Amount	$	837	$	842	$	17	$	—	$	(6,922	)	$	(8,780	)	$	—	$	—	$	(6,068	)	$	(7,938	)
Class R3	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		1,306		5,783		47		45		(6,642	)		(70	)		—		—		(5,289	)		5,758
	Amount	$	19,108	$	73,790	$	659	$	573	$	(91,136	)	$	(884	)	$	—	$	—	$	(71,369	)	$	73,479
Dividend and Growth Fund:
Class A	Shares		24,817		21,843		9,647		5,992		(16,770	)		(16,022	)		—		—		17,694			11,813
	Amount	$	541,443	$	433,830	$	198,393	$	113,149	$	(367,180	)	$	(316,783	)	$	—	$	—	$	372,656		$	230,196
Class B	Shares		2,462		2,428		1,193		816		(3,550	)		(4,214	)		—		—		105			(970	)
	Amount	$	52,687	$	47,610	$	23,931	$	15,076	$	(76,451	)	$	(82,135	)	$	—	$	—	$	167		$	(19,449	)
Class C	Shares		2,480		2,192		1,041		679		(2,440	)		(2,804	)		—		—		1,081			67
	Amount	$	53,014	$	43,037	$	20,886	$	12,532	$	(52,425	)	$	(54,455	)	$	—	$	—	$	21,475		$	1,114
Class I	Shares		95		—		1		—		(14	)		—			—		—		82			—
	Amount	$	2,092	$	10	$	13	$	—	$	(303	)	$	—		$	—	$	—	$	1,802		$	10
Class R3	Shares		8		—		—		—		—			—			—		—		8			—
	Amount	$	170	$	—	$	—	$	—	$	(2	)	$	—		$	—	$	—	$	168		$	—
Class R4	Shares		87		—		—		—		(2	)		—			—		—		85			—
	Amount	$	2,033	$	—	$	1	$	—	$	(43	)	$	—		$	—	$	—	$	1,991		$	—
Class R5	Shares		8		—		—		—		—			—			—		—		8			—
	Amount	$	193	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	193		$	—
Class Y	Shares		5,596		1,165		459		327		(1,299	)		(1,299	)		—		—		4,756			193
	Amount	$	128,524	$	23,005	$	9,602	$	6,264	$	(27,649	)	$	(25,711	)	$	—	$	—	$	110,477		$	3,558

­ ­  345  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007			2006
Equity Growth Allocation Fund:
Class A	Shares		3,853		4,899		342		42		(1,839	)		(1,216	)		—		—		2,356			3,725
	Amount	$	53,844	$	61,480	$	4,488	$	510	$	(26,095	)	$	(15,270	)	$	—	$	—	$	32,237		$	46,720
Class B	Shares		811		1,044		83		3		(336	)		(278	)		—		—		558			769
	Amount	$	11,300	$	13,071	$	1,077	$	36	$	(4,711	)	$	(3,471	)	$	—	$	—	$	7,666		$	9,636
Class C	Shares		1,437		2,047		116		5		(708	)		(965	)		—		—		845			1,087
	Amount	$	19,934	$	25,510	$	1,505	$	55	$	(9,897	)	$	(11,848	)	$	—	$	—	$	11,542		$	13,717
Class I	Shares		3		1		—		—		—			—			—		—		3			1
	Amount	$	48	$	10	$	—	$	—	$	(5	)	$	—		$	—	$	—	$	43		$	10
Class R3	Shares		85		—		—		—		(24	)		—			—		—		61			—
	Amount	$	1,251	$	—	$	—	$	—	$	(341	)	$	—		$	—	$	—	$	910		$	—
Class R4	Shares		31		—		—		—		(2	)		—			—		—		29			—
	Amount	$	446	$	—	$	—	$	—	$	(28	)	$	—		$	—	$	—	$	418		$	—
Class R5	Shares		5		—		—		—		—			—			—		—		5			—
	Amount	$	70	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	70		$	—
Equity Income Fund:
Class A	Shares		14,930		10,053		2,316		810		(4,996	)		(4,434	)		—		—		12,250			6,429
	Amount	$	215,310	$	131,486	$	32,077	$	10,337	$	(72,479	)	$	(57,353	)	$	—	$	—	$	174,908		$	84,470
Class B	Shares		844		719		150		45		(618	)		(489	)		—		—		376			275
	Amount	$	12,066	$	9,425	$	2,058	$	564	$	(8,972	)	$	(6,321	)	$	—	$	—	$	5,152		$	3,668
Class C	Shares		980		798		208		66		(787	)		(886	)		—		—		401			(22	)
	Amount	$	14,015	$	10,592	$	2,853	$	830	$	(11,349	)	$	(11,291	)	$	—	$	—	$	5,519		$	131
Class I	Shares		54		8		1		—		(3	)		—			—		—		52			8
	Amount	$	770	$	106	$	17	$	—	$	(37	)	$	—		$	—	$	—	$	750		$	106
Class R3	Shares		6		—		—		—		—			—			—		—		6			—
	Amount	$	93	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	93		$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		8,385		823		336		5		(705	)		(354	)		—		—		8,016			474
	Amount	$	115,771	$	10,950	$	4,751	$	60	$	(10,403	)	$	(4,966	)	$	—	$	—	$	110,119		$	6,044
Floating Rate Fund:
Class A	Shares		218,998		176,071		8,343		3,137		(171,714	)		(47,642	)		—		—		55,627			131,566
	Amount	$	2,209,638	$	1,783,858	$	83,299	$	31,686	$	(1,708,318	)	$	(482,556	)	$	—	$	—	$	584,619		$	1,332,988
Class B	Shares		4,398		3,969		199		64		(1,474	)		(420	)		—		—		3,123			3,613
	Amount	$	44,237	$	40,179	$	1,986	$	648	$	(14,582	)	$	(4,254	)	$	—	$	—	$	31,641		$	36,573
Class C	Shares		150,707		77,439		5,721		1,490		(47,155	)		(6,104	)		—		—		109,273			72,825
	Amount	$	1,519,091	$	783,956	$	56,915	$	15,041	$	(465,577	)	$	(61,784	)	$	—	$	—	$	1,110,429		$	737,213
Class I	Shares		85,893		6,294		1,832		18		(52,278	)		(200	)		—		—		35,447			6,112
	Amount	$	867,496	$	63,716	$	18,271	$	184	$	(519,197	)	$	(2,026	)	$	—	$	—	$	366,570		$	61,874
Class R3	Shares		29		—		—		—		—			—			—		—		29			—
	Amount	$	286	$	—	$	4	$	—	$	—		$	—		$	—	$	—	$	290		$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	1	$	—	$	—		$	—		$	—	$	—	$	11		$	—
Class R5	Shares		26		—		1		—		(6	)		—			—		—		21			—
	Amount	$	264	$	—	$	6	$	—	$	(59	)	$	—		$	—	$	—	$	211		$	—
Class Y	Shares		6,189		3,878		492		274		(1,007	)		(114	)		—		—		5,674			4,038
	Amount	$	61,841	$	39,234	$	4,904	$	2,763	$	(10,186	)	$	(1,148	)	$	—	$	—	$	56,559		$	40,849
Fundamental Growth Fund:
Class A	Shares		185		275		—		27		(979	)		(1,534	)		—		—		(794	)		(1,232	)
	Amount	$	2,384	$	2,936	$	—	$	291	$	(11,850	)	$	(16,258	)	$	—	$	—	$	(9,466	)	$	(13,031	)
Class B	Shares		31		58		—		—		(347	)		(348	)		—		—		(316	)		(290	)
	Amount	$	366	$	602	$	—	$	—	$	(4,095	)	$	(3,590	)	$	—	$	—	$	(3,729	)	$	(2,988	)
Class C	Shares		162		62		—		—		(365	)		(521	)		—		—		(203	)		(459	)
	Amount	$	1,986	$	640	$	—	$	—	$	(4,292	)	$	(5,389	)	$	—	$	—	$	(2,306	)	$	(4,749	)
Class Y	Shares		9		9		—		—		(25	)		(11	)		—		—		(16	)		(2	)
	Amount	$	118	$	98	$	—	$	5	$	(309	)	$	(124	)	$	—	$	—	$	(191	)	$	(21	)

­ ­  346  ­ ­

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007			2006
Global Communications Fund:
Class A	Shares		2,012		1,932		33		33		(1,441	)		(2,088	)		—		—		604			(123	)
	Amount	$	18,659	$	14,513	$	281	$	244	$	(13,339	)	$	(14,704	)	$	—	$	—	$	5,601		$	53
Class B	Shares		176		234		7		4		(130	)		(117	)		—		—		53			121
	Amount	$	1,566	$	1,718	$	55	$	27	$	(1,165	)	$	(838	)	$	—	$	—	$	456		$	907
Class C	Shares		535		429		6		3		(183	)		(150	)		—		—		358			282
	Amount	$	4,912	$	3,120	$	53	$	19	$	(1,651	)	$	(1,076	)	$	—	$	—	$	3,314		$	2,063
Class Y	Shares		76		61		3		2		(110	)		(30	)		—		—		(31	)		33
	Amount	$	711	$	460	$	23	$	12	$	(1,051	)	$	(235	)	$	—	$	—	$	(317	)	$	237
Global Financial Services Fund:
Class A	Shares		890		469		101		11		(791	)		(158	)		—		—		200			322
	Amount	$	12,151	$	6,307	$	1,348	$	134	$	(11,136	)	$	(2,058	)	$	—	$	—	$	2,363		$	4,383
Class B	Shares		32		58		18		1		(55	)		(56	)		—		—		(5	)		3
	Amount	$	445	$	737	$	232	$	12	$	(746	)	$	(722	)	$	—	$	—	$	(69	)	$	27
Class C	Shares		135		103		19		1		(77	)		(50	)		—		—		77			54
	Amount	$	1,789	$	1,335	$	254	$	8	$	(1,036	)	$	(632	)	$	—	$	—	$	1,007		$	711
Class Y	Shares		57		9		5		1		(23	)		(10	)		—		—		39			—
	Amount	$	792	$	128	$	67	$	10	$	(325	)	$	(127	)	$	—	$	—	$	534		$	11
Global Growth Fund:
Class A	Shares		1,845		1,677		1,100		291		(4,813	)		(5,356	)		—		—		(1,868	)		(3,388	)
	Amount	$	38,457	$	31,222	$	20,507	$	4,961	$	(98,382	)	$	(98,431	)	$	—	$	—	$	(39,418	)	$	(62,248	)
Class B	Shares		168		292		223		57		(1,104	)		(1,203	)		—		—		(713	)		(854	)
	Amount	$	3,238	$	5,140	$	3,904	$	916	$	(21,185	)	$	(21,020	)	$	—	$	—	$	(14,043	)	$	(14,964	)
Class C	Shares		189		194		190		50		(752	)		(1,108	)		—		—		(373	)		(864	)
	Amount	$	3,679	$	3,416	$	3,337	$	807	$	(14,385	)	$	(19,418	)	$	—	$	—	$	(7,369	)	$	(15,195	)
Class R3	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		1,350		3,682		457		81		(2,728	)		(164	)		—		—		(921	)		3,599
	Amount	$	27,583	$	70,888	$	8,887	$	1,465	$	(62,533	)	$	(3,181	)	$	—	$	—	$	(26,063	)	$	69,172
Global Health Fund:
Class A	Shares		10,768		10,199		732		762		(5,226	)		(2,925	)		—		—		6,274			8,036
	Amount	$	194,696	$	172,479	$	12,317	$	12,090	$	(94,560	)	$	(49,348	)	$	—	$	—	$	112,453		$	135,221
Class B	Shares		598		675		189		276		(857	)		(694	)		—		—		(70	)		257
	Amount	$	10,244	$	10,885	$	3,013	$	4,176	$	(14,588	)	$	(11,132	)	$	—	$	—	$	(1,331	)	$	3,929
Class C	Shares		2,773		1,731		214		274		(1,031	)		(807	)		—		—		1,956			1,198
	Amount	$	47,545	$	27,974	$	3,401	$	4,150	$	(17,574	)	$	(12,939	)	$	—	$	—	$	33,372		$	19,185
Class I	Shares		1,129		44		2		—		(383	)		—			—		—		748			44
	Amount	$	20,456	$	784	$	27	$	—	$	(6,861	)	$	—		$	—	$	—	$	13,622		$	784
Class R3	Shares		6		—		—		—		—			—			—		—		6			—
	Amount	$	111	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	111		$	—
Class R4	Shares		25		—		—		—		—			—			—		—		25			—
	Amount	$	489	$	—	$	—	$	—	$	(8	)	$	—		$	—	$	—	$	481		$	—
Class R5	Shares		22		—		—		—		—			—			—		—		22			—
	Amount	$	439	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	439		$	—
Class Y	Shares		30		114		405		597		(20	)		(281	)		—		—		415			430
	Amount	$	569	$	1,981	$	7,106	$	9,803	$	(371	)	$	(4,950	)	$	—	$	—	$	7,304		$	6,834
Global Technology Fund:
Class A	Shares		2,277		2,377		—		—		(1,706	)		(2,043	)		—		—		571			334
	Amount	$	14,990	$	13,278	$	—	$	—	$	(10,548	)	$	(11,154	)	$	—	$	—	$	4,442		$	2,124
Class B	Shares		255		252		—		—		(486	)		(501	)		—		—		(231	)		(249	)
	Amount	$	1,555	$	1,345	$	—	$	—	$	(2,890	)	$	(2,596	)	$	—	$	—	$	(1,335	)	$	(1,251	)
Class C	Shares		568		434		—		—		(437	)		(545	)		—		—		131			(111	)
	Amount	$	3,457	$	2,312	$	—	$	—	$	(2,577	)	$	(2,821	)	$	—	$	—	$	880		$	(509	)
Class R3	Shares		—		—		—		—		—			—			—		—		—			—
	Amount	$	—	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	—		$	—

­ ­  347  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L					Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y					(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007			2006		2007			2006
Global Technology Fund: — (continued)
Class R4	Shares		—		—		—		—		—			—			—			—		—			—
	Amount	$	—	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	—		$	—
Class R5	Shares		—		—		—		—		—			—			—			—		—			—
	Amount	$	—	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	—		$	—
Class Y	Shares		221		73		—		—		(52	)		(62	)		—			—		169			11
	Amount	$	1,436	$	406	$	—	$	—	$	(326	)	$	(350	)	$	—		$	—	$	1,110		$	56
Growth Allocation Fund:
Class A	Shares		9,767		14,253		1,184		218		(5,479	)		(3,471	)		—			—		5,472			11,000
	Amount	$	128,577	$	172,307	$	14,829	$	2,574	$	(72,798	)	$	(41,894	)	$	—		$	—	$	70,608		$	132,987
Class B	Shares		2,233		3,507		297		33		(1,149	)		(838	)		—			—		1,381			2,702
	Amount	$	29,169	$	42,151	$	3,694	$	391	$	(15,130	)	$	(10,106	)	$	—		$	—	$	17,733		$	32,436
Class C	Shares		4,655		7,158		452		46		(2,909	)		(1,736	)		—			—		2,198			5,468
	Amount	$	60,997	$	86,258	$	5,620	$	534	$	(37,965	)	$	(20,878	)	$	—		$	—	$	28,652		$	65,914
Class I	Shares		56		1		—		—		(2	)		—			—			—		54			1
	Amount	$	719	$	10	$	5	$	—	$	(22	)	$	—		$	—		$	—	$	702		$	10
Class R3	Shares		4		—		—		—		—			—			—			—		4			—
	Amount	$	52	$	—	$	—	$	—	$	(2	)	$	—		$	—		$	—	$	50		$	—
Class R4	Shares		22		—		—		—		—			—			—			—		22			—
	Amount	$	308	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	308		$	—
Class R5	Shares		54		—		—		—		—			—			—			—		54			—
	Amount	$	757	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	757		$	—
Growth Fund:
Class A	Shares		7,305		14,712		2,346		—		(18,446	)		(13,049	)		—			—		(8,795	)		1,663
	Amount	$	133,123	$	266,545	$	40,196	$	—	$	(338,568	)	$	(236,091	)	$	—		$	—	$	(165,249	)	$	30,454
Class B	Shares		171		378		216		—		(848	)		(674	)		—			—		(461	)		(296	)
	Amount	$	2,712	$	6,108	$	3,228	$	—	$	(13,490	)	$	(10,763	)	$	—		$	—	$	(7,550	)	$	(4,655	)
Class C	Shares		900		1,376		377		—		(1,899	)		(1,485	)		—			—		(622	)		(109	)
	Amount	$	14,420	$	22,210	$	5,646	$	—	$	(30,311	)	$	(23,799	)	$	—		$	—	$	(10,245	)	$	(1,589	)
Class H	Shares		13		58		79		—		(91	)		(409	)		(929	)		—		(928	)		(351	)
	Amount	$	206	$	941	$	1,195	$	—	$	(1,416	)	$	(6,608	)	$	(30,962	)	$	—	$	(30,977	)	$	(5,667	)
Class I	Shares		1,763		106		69		—		(269	)		—			—			—		1,563			106
	Amount	$	32,846	$	1,972	$	1,183	$	—	$	(5,102	)	$	—		$	—		$	—	$	28,927		$	1,972
Class L	Shares		334		597		1,038		—		(2,977	)		(2,787	)		1,875			—		270			(2,190	)
	Amount	$	6,186	$	10,999	$	18,026	$	—	$	(55,354	)	$	(51,150	)	$	65,128		$	—	$	33,986		$	(40,151	)
Class M	Shares		19		75		83		—		(87	)		(337	)		(987	)		—		(972	)		(262	)
	Amount	$	303	$	1,232	$	1,257	$	—	$	(1,381	)	$	(5,459	)	$	(26,545	)	$	—	$	(26,366	)	$	(4,227	)
Class N	Shares		3		12		20		—		(15	)		(61	)		(241	)		—		(233	)		(49	)
	Amount	$	50	$	198	$	299	$	—	$	(231	)	$	(997	)	$	(7,621	)	$	—	$	(7,503	)	$	(799	)
Class R3	Shares		1		—		—		—		—			—			—			—		1			—
	Amount	$	14	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	14		$	—
Class R4	Shares		13		—		—		—		—			—			—			—		13			—
	Amount	$	262	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	262		$	—
Class R5	Shares		3		—		—		—		—			—			—			—		3			—
	Amount	$	56	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	56		$	—
Class Y	Shares		600		5,741		430		—		(3,230	)		(1,830	)		—			—		(2,200	)		3,911
	Amount	$	11,539	$	108,099	$	7,557	$	—	$	(59,737	)	$	(33,915	)	$	—		$	—	$	(40,641	)	$	74,184
Growth Opportunities Fund:
Class A	Shares		15,381		8,579		578		268		(4,396	)		(2,516	)		—			—		11,563			6,331
	Amount	$	516,607	$	245,120	$	15,959	$	7,160	$	(143,491	)	$	(71,765	)	$	—		$	—	$	389,075		$	180,515
Class B	Shares		556		628		115		69		(255	)		(182	)		—			—		416			515
	Amount	$	15,785	$	15,570	$	2,687	$	1,609	$	(6,754	)	$	(4,473	)	$	—		$	—	$	11,718		$	12,706
Class C	Shares		4,662		1,341		147		66		(449	)		(301	)		—			—		4,360			1,106
	Amount	$	135,776	$	33,215	$	3,440	$	1,526	$	(11,927	)	$	(7,419	)	$	—		$	—	$	127,289		$	27,322
Class H	Shares		20		79		116		130		(111	)		(415	)		(1,339	)		—		(1,314	)		(206	)
	Amount	$	491	$	1,979	$	2,764	$	3,053	$	(2,756	)	$	(10,317	)	$	(56,180	)	$	—	$	(55,681	)	$	(5,285	)
Class I	Shares		1,087		3		—		—		(31	)		—			—			—		1,056			3
	Amount	$	38,286	$	73	$	6	$	—	$	(1,089	)	$	—		$	—		$	—	$	37,203		$	73

­ ­  348  ­ ­

																	Shares Issued
																	from Merger
						Shares Issued for											M, N and H to L					Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed							or E and Z to Y					(Decrease) of Shares
		2007		2006		2007		2006		2007				2006			2007			2006		2007			2006
Growth Opportunities Fund: — (continued)
Class L	Shares		420		585		1,407		1,435		(2,762	)			(2,588	)		2,047			—		1,112			(568	)
	Amount	$	13,195	$	16,889	$	39,412	$	38,851	$	(87,707	)		$	(74,520	)	$	96,854		$	—	$	61,754		$	(18,780	)
Class M	Shares		17		59		73		78		(59	)			(215	)		(858	)		—		(827	)		(78	)
	Amount	$	403	$	1,465	$	1,744	$	1,817	$	(1,455	)		$	(5,353	)	$	(32,158	)	$	—	$	(31,466	)	$	(2,071	)
Class N	Shares		5		12		18		19		(12	)			(38	)		(219	)		—		(208	)		(7	)
	Amount	$	112	$	303	$	434	$	435	$	(278	)		$	(946	)	$	(8,516	)	$	—	$	(8,248	)	$	(208	)
Class R3	Shares		8		—		—		—		—				—			—			—		8			—
	Amount	$	284	$	—	$	—	$	—	$	—			$	—		$	—		$	—	$	284		$	—
Class R4	Shares		87		—		—		—		—				—			—			—		87			—
	Amount	$	3,230	$	—	$	—	$	—	$	—			$	—		$	—		$	—	$	3,230		$	—
Class R5	Shares		3		—		—		—		(1	)			—			—			—		2			—
	Amount	$	90	$	—	$	—	$	—	$	(23	)		$	—		$	—		$	—	$	67		$	—
Class Y	Shares		1,097		1,470		134		68		(1,420	)			(87	)		1,238			—		1,049			1,451
	Amount	$	35,903	$	43,059	$	3,797	$	1,841	$	(43,801	)		$	(2,512	)	$	44,879		$	—	$	40,778		$	42,388
Class Z	Shares		5		20		79		80		(41	)			(113	)		(1,190	)		—		(1,147	)		(13	)
	Amount	$	139	$	614	$	2,327	$	2,251	$	(1,256	)		$	(3,413	)	$	(44,879	)	$	—	$	(43,669	)	$	(548	)
High Yield Fund:
Class A	Shares		6,317		8,977		1,394		1,417		(10,077	)	��		(10,688	)		—			—		(2,366	)		(294	)
	Amount	$	50,836	$	70,114	$	11,191	$	11,061	$	(80,889	)		$	(83,544	)	$	—		$	—	$	(18,862	)	$	(2,369	)
Class B	Shares		586		431		205		235		(1,493	)			(2,047	)		—			—		(702	)		(1,381	)
	Amount	$	4,737	$	3,366	$	1,641	$	1,833	$	(11,969	)		$	(15,998	)	$	—		$	—	$	(5,591	)	$	(10,799	)
Class C	Shares		963		656		194		222		(1,773	)			(2,402	)		—			—		(616	)		(1,524	)
	Amount	$	7,721	$	5,119	$	1,556	$	1,733	$	(14,255	)		$	(18,759	)	$	—		$	—	$	(4,978	)	$	(11,907	)
Class I	Shares		19		—		—		—		—				—			—			—		19			—
	Amount	$	150	$	—	$	1	$	—	$	—			$	—		$	—		$	—	$	151		$	—
Class R3	Shares		1		—		—		—		—				—			—			—		1			—
	Amount	$	10	$	—	$	1	$	—	$	—			$	—		$	—		$	—	$	11		$	—
Class R4	Shares		1		—		—		—		—				—			—			—		1			—
	Amount	$	10	$	—	$	1	$	—	$	—			$	—		$	—		$	—	$	11		$	—
Class R5	Shares		1		—		—		—		—				—			—			—		1			—
	Amount	$	10	$	—	$	1	$	—	$	—			$	—		$	—		$	—	$	11		$	—
Class Y	Shares		227		660		38		230		(2,724	)			(1,164	)		—			—		(2,459	)		(274	)
	Amount	$	1,843	$	5,159	$	306	$	1,794	$	(21,753	)		$	(9,111	)	$	—		$	—	$	(19,604	)	$	(2,158	)
High Yield Municipal Bond Fund:
Class A	Shares		5,215		—		38		—		(363	)			—			—			—		4,890			—
	Amount	$	50,395	$	—	$	360	$	—	$	(3,468	)		$	—		$	—		$	—	$	47,287		$	—
Class B	Shares		149		—		1		—		(9	)			—			—			—		141			—
	Amount	$	1,445	$	—	$	10	$	—	$	(80	)		$	—		$	—		$	—	$	1,375		$	—
Class C	Shares		1,221		—		5		—		(39	)			—			—			—		1,187			—
	Amount	$	11,736	$	—	$	48	$	—	$	(381	)		$	—		$	—		$	—	$	11,403		$	—
Class I	Shares		802		—		4		—		(79	)			—			—			—		727			—
	Amount	$	7,656	$	—	$	42	$	—	$	(744	)		$	—		$	—		$	—	$	6,954		$	—
Income Allocation Fund:
Class A	Shares		1,971		1,804		130		93		(1,187	)			(1,297	)		—			—		914			600
	Amount	$	19,522	$	17,725	$	1,280	$	912	$	(11,711	)		$	(12,731	)	$	—		$	—	$	9,091		$	5,906
Class B	Shares		140		240		17		15		(132	)			(180	)		—			—		25			75
	Amount	$	1,388	$	2,363	$	164	$	141	$	(1,305	)		$	(1,774	)	$	—		$	—	$	247		$	730
Class C	Shares		461		465		25		28		(418	)			(459	)		—			—		68			34
	Amount	$	4,555	$	4,577	$	243	$	270	$	(4,129	)		$	(4,516	)	$	—		$	—	$	669		$	331
Class I	Shares		114		1		2		—		(3	)			—			—			—		113			1
	Amount	$	1,120	$	10	$	22	$	—	$	(28	)		$	—		$	—		$	—	$	1,114		$	10
Class R3	Shares		1		—		—		—		—				—			—			—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—			$	—		$	—		$	—	$	10		$	—
Class R4	Shares		10		—		—		—		—				—			—			—		10			—
	Amount	$	94	$	—	$	1	$	—	$	—			$	—		$	—		$	—	$	95		$	—
Class R5	Shares		1		—		—		—		—				—			—			—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—			$	—		$	—		$	—	$	10		$	—

­ ­  349  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007			2006
Income Fund:
Class A	Shares		7,126		1,931		267		140		(1,318	)		(1,299	)		—		—		6,075			772
	Amount	$	73,438	$	19,739	$	2,725	$	1,426	$	(13,491	)	$	(13,210	)	$	—	$	—	$	62,672		$	7,955
Class B	Shares		461		303		32		19		(221	)		(206	)		—		—		272			116
	Amount	$	4,737	$	3,092	$	323	$	193	$	(2,257	)	$	(2,105	)	$	—	$	—	$	2,803		$	1,180
Class C	Shares		1,025		459		34		16		(438	)		(193	)		—		—		621			282
	Amount	$	10,549	$	4,707	$	352	$	158	$	(4,492	)	$	(1,982	)	$	—	$	—	$	6,409		$	2,883
Class Y	Shares		14,767		4,159		829		158		(393	)		(43	)		—		—		15,203			4,274
	Amount	$	151,487	$	42,424	$	8,464	$	1,607	$	(4,049	)	$	(437	)	$	—	$	—	$	155,902		$	43,594
Inflation Plus Fund:
Class A	Shares		2,991		6,599		522		1,182		(13,253	)		(19,610	)		—		—		(9,740	)		(11,829	)
	Amount	$	31,148	$	69,233	$	5,450	$	12,325	$	(137,831	)	$	(205,003	)	$	—	$	—	$	(101,233	)	$	(123,445	)
Class B	Shares		178		671		167		292		(2,739	)		(3,298	)		—		—		(2,394	)		(2,335	)
	Amount	$	1,866	$	7,065	$	1,735	$	3,041	$	(28,480	)	$	(34,349	)	$	—	$	—	$	(24,879	)	$	(24,243	)
Class C	Shares		1,160		3,716		358		840		(10,227	)		(15,919	)		—		—		(8,709	)		(11,363	)
	Amount	$	12,070	$	39,087	$	3,723	$	8,763	$	(106,192	)	$	(166,129	)	$	—	$	—	$	(90,399	)	$	(118,279	)
Class I	Shares		989		2		4		—		(667	)		—			—		—		326			2
	Amount	$	10,299	$	18	$	46	$	—	$	(6,969	)	$	—		$	—	$	—	$	3,376		$	18
Class R3	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		6,291		4,633		411		544		(4,815	)		(687	)		—		—		1,887			4,490
	Amount	$	66,154	$	48,407	$	4,301	$	5,664	$	(50,148	)	$	(7,186	)	$	—	$	—	$	20,307		$	46,885
International Growth Fund:
Class A	Shares		10,801		6,648		1,390		149		(3,690	)		(3,344	)		—		—		8,501			3,453
	Amount	$	165,526	$	93,188	$	19,326	$	1,845	$	(57,196	)	$	(45,644	)	$	—	$	—	$	127,656		$	49,389
Class B	Shares		803		764		221		21		(478	)		(374	)		—		—		546			411
	Amount	$	11,789	$	10,391	$	2,963	$	246	$	(7,160	)	$	(4,998	)	$	—	$	—	$	7,592		$	5,639
Class C	Shares		1,020		1,086		279		26		(659	)		(611	)		—		—		640			501
	Amount	$	15,136	$	14,849	$	3,729	$	307	$	(9,831	)	$	(8,171	)	$	—	$	—	$	9,034		$	6,985
Class I	Shares		194		1		—		—		(7	)		—			—		—		187			1
	Amount	$	3,137	$	10	$	2	$	—	$	(116	)	$	—		$	—	$	—	$	3,023		$	10
Class R3	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	12	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	12		$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		3,602		987		243		117		(4,565	)		(2,492	)		—		—		(720	)		(1,388	)
	Amount	$	63,866	$	13,640	$	3,442	$	1,490	$	(67,208	)	$	(35,103	)	$	—	$	—	$	100		$	(19,973	)
International Opportunities Fund:
Class A	Shares		3,166		4,125		296		27		(2,252	)		(2,091	)		—		—		1,210			2,061
	Amount	$	56,961	$	61,337	$	4,823	$	371	$	(40,780	)	$	(31,257	)	$	—	$	—	$	21,004		$	30,451
Class B	Shares		369		517		53		—		(500	)		(532	)		—		—		(78	)		(15	)
	Amount	$	6,202	$	7,280	$	803	$	—	$	(8,448	)	$	(7,467	)	$	—	$	—	$	(1,443	)	$	(187	)
Class C	Shares		427		322		37		—		(307	)		(315	)		—		—		157			7
	Amount	$	7,230	$	4,529	$	563	$	—	$	(5,077	)	$	(4,380	)	$	—	$	—	$	2,716		$	149
Class R3	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	22	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	22		$	—
Class R4	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		3,199		2,439		172		9		(347	)		(223	)		—		—		3,024			2,225
	Amount	$	53,504	$	35,931	$	2,916	$	131	$	(6,258	)	$	(3,434	)	$	—	$	—	$	50,162		$	32,628

­ ­  350  ­ ­

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007			2006
International Small Company Fund:
Class A	Shares		5,567		2,850		613		331		(1,981	)		(1,304	)		—		—		4,199			1,877
	Amount	$	89,909	$	42,844	$	8,847	$	4,265	$	(32,036	)	$	(19,359	)	$	—	$	—	$	66,720		$	27,750
Class B	Shares		437		425		109		57		(179	)		(160	)		—		—		367			322
	Amount	$	6,793	$	6,207	$	1,512	$	717	$	(2,811	)	$	(2,317	)	$	—	$	—	$	5,494		$	4,607
Class C	Shares		1,032		492		162		119		(458	)		(338	)		—		—		736			273
	Amount	$	16,059	$	7,108	$	2,221	$	1,465	$	(7,108	)	$	(4,665	)	$	—	$	—	$	11,172		$	3,908
Class I	Shares		10		—		—		—		—			—			—		—		10			—
	Amount	$	161	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	161		$	—
Class Y	Shares		2,568		2,826		851		648		(1,464	)		(2,746	)		—		—		1,955			728
	Amount	$	39,453	$	41,469	$	12,445	$	8,435	$	(22,682	)	$	(42,341	)	$	—	$	—	$	29,216		$	7,563
LargeCap Growth Fund:
Class A	Shares		1,039		—		1		—		(14	)		—			—		—		1,026			—
	Amount	$	10,441	$	—	$	12	$	—	$	(148	)	$	—		$	—	$	—	$	10,305		$	—
Class B	Shares		33		—		—		—		—			—			—		—		33			—
	Amount	$	334	$	—	$	—	$	—	$	(3	)	$	—		$	—	$	—	$	331		$	—
Class C	Shares		55		—		—		—		(5	)		—			—		—		50			—
	Amount	$	561	$	—	$	—	$	—	$	(58	)	$	—		$	—	$	—	$	503		$	—
Class Y	Shares		10		—		—		—		—			—			—		—		10			—
	Amount	$	100	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	100		$	—
MidCap Fund:
Class A	Shares		8,999		7,134		13,077		11,935		(12,662	)		(10,197	)		—		—		9,414			8,872
	Amount	$	220,455	$	176,389	$	283,246	$	271,649	$	(309,142	)	$	(251,372	)	$	—	$	—	$	194,559		$	196,666
Class B	Shares		179		203		3,711		3,680		(4,364	)		(3,372	)		—		—		(474	)		511
	Amount	$	3,829	$	4,539	$	72,995	$	77,839	$	(96,871	)	$	(76,825	)	$	—	$	—	$	(20,047	)	$	5,553
Class C	Shares		227		265		3,958		3,850		(3,794	)		(2,944	)		—		—		391			1,171
	Amount	$	4,749	$	5,831	$	78,338	$	81,756	$	(83,792	)	$	(67,347	)	$	—	$	—	$	(705	)	$	20,240
Class Y	Shares		820		2,186		1,186		945		(4,212	)		(1,310	)		—		—		(2,206	)		1,821
	Amount	$	21,314	$	58,033	$	27,346	$	22,565	$	(111,736	)	$	(34,176	)	$	—	$	—	$	(63,076	)	$	46,422
MidCap Growth Fund:
Class A	Shares		342		972		11		—		(63	)		—			—		—		290			972
	Amount	$	4,100	$	9,727	$	119	$	—	$	(800	)	$	—		$	—	$	—	$	3,419		$	9,727
Class B	Shares		39		28		—		—		(12	)		—			—		—		27			28
	Amount	$	460	$	281	$	3	$	—	$	(148	)	$	—		$	—	$	—	$	315		$	281
Class C	Shares		99		34		—		—		(14	)		—			—		—		85			34
	Amount	$	1,169	$	341	$	4	$	—	$	(174	)	$	—		$	—	$	—	$	999		$	341
Class Y	Shares		—		10		—		—		—			—			—		—		—			10
	Amount	$	—	$	100	$	1	$	—	$	—		$	—		$	—	$	—	$	1		$	100
MidCap Value Fund:
Class A	Shares		319		352		3,037		2,207		(3,261	)		(2,750	)		—		—		95			(191	)
	Amount	$	4,580	$	4,807	$	38,842	$	27,216	$	(46,879	)	$	(37,396	)	$	—	$	—	$	(3,457	)	$	(5,373	)
Class B	Shares		57		69		668		486		(847	)		(682	)		—		—		(122	)		(127	)
	Amount	$	770	$	892	$	8,114	$	5,770	$	(11,479	)	$	(8,913	)	$	—	$	—	$	(2,595	)	$	(2,251	)
Class C	Shares		45		56		654		490		(708	)		(765	)		—		—		(9	)		(219	)
	Amount	$	582	$	706	$	7,941	$	5,822	$	(9,639	)	$	(10,026	)	$	—	$	—	$	(1,116	)	$	(3,498	)
Class Y	Shares		85		506		155		307		(2,186	)		(1,681	)		—		—		(1,946	)		(868	)
	Amount	$	1,301	$	7,088	$	2,054	$	3,881	$	(30,826	)	$	(23,678	)	$	—	$	—	$	(27,471	)	$	(12,709	)
Money Market Fund:
Class A	Shares		393,471		253,489		10,410		7,018		(296,601	)		(235,223	)		—		—		107,280			25,284
	Amount	$	393,471	$	253,489	$	10,410	$	7,018	$	(296,601	)	$	(235,223	)	$	—	$	—	$	107,280		$	25,284
Class B	Shares		26,068		20,522		892		825		(25,736	)		(24,068	)		—		—		1,224			(2,721	)
	Amount	$	26,068	$	20,522	$	892	$	825	$	(25,736	)	$	(24,068	)	$	—	$	—	$	1,224		$	(2,721	)
Class C	Shares		105,566		23,248		972		506		(63,960	)		(25,547	)		—		—		42,579			(1,793	)
	Amount	$	105,567	$	23,248	$	972	$	506	$	(63,960	)	$	(25,547	)	$	—	$	—	$	42,579		$	(1,793	)
Class R3	Shares		10		—		—		—		—			—			—		—		10			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R4	Shares		20,222		—		81		—		(3,064	)		—			—		—		17,239			—
	Amount	$	20,222	$	—	$	81	$	—	$	(3,064	)	$	—		$	—	$	—	$	17,239		$	—

­ ­  351  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007			2006
Money Market Fund: — (continued)
Class R5	Shares		1,339		—		5		—		(115	)		—			—		—		1,229			—
	Amount	$	1,339	$	—	$	5	$	—	$	(115	)	$	—		$	—	$	—	$	1,229		$	—
Class Y	Shares		2,384		5,073		175		680		(13,480	)		(8,239	)		—		—		(10,921	)		(2,486	)
	Amount	$	2,384	$	5,073	$	175	$	680	$	(13,480	)	$	(8,239	)	$	—	$	—	$	(10,921	)	$	(2,486	)
Retirement Income Fund:
Class A	Shares		373		42		5		1		(123	)		(4	)		—		—		255			39
	Amount	$	3,686	$	400	$	50	$	10	$	(1,213	)	$	(40	)	$	—	$	—	$	2,523		$	370
Class B	Shares		2		18		1		—		—			(1	)		—		—		3			17
	Amount	$	30	$	168	$	5	$	2	$	(2	)	$	(9	)	$	—	$	—	$	33		$	161
Class C	Shares		13		17		1		—		(7	)		(1	)		—		—		7			16
	Amount	$	140	$	151	$	5	$	2	$	(72	)	$	(5	)	$	—	$	—	$	73		$	148
Class R3	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class R4	Shares		2		—		—		—		—			—			—		—		2			—
	Amount	$	16	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	16		$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10		$	—
Class Y	Shares		—		11		—		—		—			—			—		—		—			11
	Amount	$	—	$	100	$	4	$	3	$	—		$	—		$	—	$	—	$	4		$	103
Select MidCap Growth Fund:
Class A	Shares		590		951		89		14		(1,032	)		(356	)		—		—		(353	)		609
	Amount	$	7,136	$	10,472	$	977	$	148	$	(12,027	)	$	(3,864	)	$	—	$	—	$	(3,914	)	$	6,756
Class B	Shares		88		176		14		2		(75	)		(77	)		—		—		27			101
	Amount	$	1,049	$	1,938	$	150	$	22	$	(878	)	$	(831	)	$	—	$	—	$	321		$	1,129
Class C	Shares		118		246		14		2		(96	)		(74	)		—		—		36			174
	Amount	$	1,395	$	2,724	$	153	$	17	$	(1,121	)	$	(766	)	$	—	$	—	$	427		$	1,975
Class Y	Shares		1		2,650		55		—		(2,588	)		(130	)		—		—		(2,532	)		2,520
	Amount	$	2	$	29,596	$	616	$	2	$	(29,285	)	$	(1,447	)	$	—	$	—	$	(28,667	)	$	28,151
Select MidCap Value Fund:
Class A	Shares		1,595		2,104		158		48		(2,392	)		(367	)		—		—		(639	)		1,785
	Amount	$	20,561	$	24,175	$	1,909	$	520	$	(29,814	)	$	(4,268	)	$	—	$	—	$	(7,344	)	$	20,427
Class B	Shares		165		203		14		4		(155	)		(29	)		—		—		24			178
	Amount	$	2,109	$	2,312	$	167	$	39	$	(1,919	)	$	(335	)	$	—	$	—	$	357		$	2,016
Class C	Shares		281		398		25		7		(216	)		(69	)		—		—		90			336
	Amount	$	3,582	$	4,556	$	293	$	70	$	(2,669	)	$	(798	)	$	—	$	—	$	1,206		$	3,828
Class Y	Shares		4,200		1,564		42		1		(1,446	)		—			—		—		2,796			1,565
	Amount	$	52,162	$	18,010	$	503	$	15	$	(17,751	)	$	(29	)	$	—	$	—	$	34,914		$	17,996
Select SmallCap Value Fund:
Class A	Shares		181		1,449		3		—		(12	)		—			—		—		172			1,449
	Amount	$	2,135	$	14,491	$	30	$	—	$	(144	)	$	—		$	—	$	—	$	2,021		$	14,491
Class B	Shares		27		28		—		—		(5	)		—			—		—		22			28
	Amount	$	310	$	283	$	1	$	—	$	(56	)	$	—		$	—	$	—	$	255		$	283
Class C	Shares		44		26		—		—		(6	)		—			—		—		38			26
	Amount	$	513	$	256	$	1	$	—	$	(66	)	$	—		$	—	$	—	$	448		$	256
Class Y	Shares		7,695		140		31		—		(138	)		—			—		—		7,588			140
	Amount	$	85,148	$	1,496	$	342	$	—	$	(1,610	)	$	—		$	—	$	—	$	83,880		$	1,496
Short Duration Fund:
Class A	Shares		2,489		1,123		104		79		(1,770	)		(1,466	)		—		—		823			(264	)
	Amount	$	24,579	$	11,072	$	1,030	$	775	$	(17,474	)	$	(14,451	)	$	—	$	—	$	8,135		$	(2,604	)
Class B	Shares		246		164		20		18		(303	)		(394	)		—		—		(37	)		(212	)
	Amount	$	2,435	$	1,617	$	200	$	180	$	(2,997	)	$	(3,886	)	$	—	$	—	$	(362	)	$	(2,089	)
Class C	Shares		2,035		330		43		40		(1,259	)		(1,249	)		—		—		819			(879	)
	Amount	$	20,088	$	3,262	$	425	$	392	$	(12,408	)	$	(12,309	)	$	—	$	—	$	8,105		$	(8,655	)
Class Y	Shares		5,807		4,024		688		323		(2,332	)		(2,384	)		—		—		4,163			1,963
	Amount	$	57,368	$	39,655	$	6,779	$	3,180	$	(23,005	)	$	(23,454	)	$	—	$	—	$	41,142		$	19,381
Small Company Fund:
Class A	Shares		5,299		1,637		808		—		(2,865	)		(1,269	)		—		—		3,242			368
	Amount	$	118,201	$	34,295	$	16,243	$	—	$	(63,126	)	$	(26,637	)	$	—	$	—	$	71,318		$	7,658

­ ­  352  ­ ­

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L					Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y					(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007			2006		2007			2006
Small Company Fund: — (continued)
Class B	Shares		275		108		251		—		(774	)		(797	)		—			—		(248	)		(689	)
	Amount	$	5,581	$	2,089	$	4,640	$	—	$	(15,712	)	$	(15,616	)	$	—		$	—	$	(5,491	)	$	(13,527	)
Class C	Shares		724		289		223		—		(483	)		(489	)		—			—		464			(200	)
	Amount	$	14,764	$	5,563	$	4,116	$	—	$	(9,834	)	$	(9,564	)	$	—		$	—	$	9,046		$	(4,001	)
Class I	Shares		161		3		—		—		(6	)		—			—			—		155			3
	Amount	$	3,715	$	69	$	8	$	—	$	(139	)	$	—		$	—		$	—	$	3,584		$	69
Class R3	Shares		7		—		—		—		—			—			—			—		7			—
	Amount	$	176	$	—	$	—	$	—	$	(9	)	$	—		$	—		$	—	$	167		$	—
Class R4	Shares		393		—		—		—		(14	)		—			—			—		379			—
	Amount	$	9,299	$	—	$	—	$	—	$	(336	)	$	—		$	—		$	—	$	8,963		$	—
Class R5	Shares		23		—		—		—		—			—			—			—		23			—
	Amount	$	584	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	584		$	—
Class Y	Shares		4,071		2,771		395		—		(1,786	)		(223	)		—			—		2,680			2,548
	Amount	$	93,512	$	61,859	$	8,399	$	—	$	(40,994	)	$	(4,791	)	$	—		$	—	$	60,917		$	57,068
SmallCap Growth Fund:
Class A	Shares		2,612		5,972		—		—		(5,087	)		(1,014	)		—			—		(2,475	)		4,958
	Amount	$	85,441	$	182,337	$	—	$	—	$	(165,947	)	$	(30,462	)	$	—		$	—	$	(80,506	)	$	151,875
Class B	Shares		52		195		—		—		(151	)		(151	)		—			—		(99	)		44
	Amount	$	1,528	$	5,420	$	—	$	—	$	(4,446	)	$	(4,076	)	$	—		$	—	$	(2,918	)	$	1,344
Class C	Shares		206		464		—		—		(266	)		(220	)		—			—		(60	)		244
	Amount	$	6,009	$	12,901	$	—	$	—	$	(7,807	)	$	(5,949	)	$	—		$	—	$	(1,798	)	$	6,952
Class H	Shares		7		31		—		—		(41	)		(143	)		(448	)		—		(482	)		(112	)
	Amount	$	203	$	869	$	—	$	—	$	(1,174	)	$	(3,910	)	$	(24,087	)	$	—	$	(25,058	)	$	(3,041	)
Class I	Shares		156		8		—		—		(27	)		—			—			—		129			8
	Amount	$	5,194	$	235	$	—	$	—	$	(894	)	$	—		$	—		$	—	$	4,300		$	235
Class L	Shares		128		216		—		—		(827	)		(650	)		1,010			—		311			(434	)
	Amount	$	4,237	$	6,572	$	—	$	—	$	(27,454	)	$	(19,895	)	$	59,181		$	—	$	35,964		$	(13,323	)
Class M	Shares		8		34		—		—		(36	)		(124	)		(485	)		—		(513	)		(90	)
	Amount	$	245	$	959	$	—	$	—	$	(1,028	)	$	(3,432	)	$	(25,120	)	$	—	$	(25,903	)	$	(2,473	)
Class N	Shares		4		13		—		—		(18	)		(38	)		(193	)		—		(207	)		(25	)
	Amount	$	108	$	334	$	—	$	—	$	(513	)	$	(1,038	)	$	(9,974	)	$	—	$	(10,379	)	$	(704	)
Class R3	Shares		—		—		—		—		—			—			—			—		—			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class R4	Shares		9		—		—		—		—			—			—			—		9			—
	Amount	$	314	$	—	$	—	$	—	$	(12	)	$	—		$	—		$	—	$	302		$	—
Class R5	Shares		—		—		—		—		—			—			—			—		—			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class Y	Shares		1,060		1,728		—		—		(3,085	)		(297	)		—			—		(2,025	)		1,431
	Amount	$	35,926	$	54,996	$	—	$	—	$	(98,932	)	$	(9,108	)	$	—		$	—	$	(63,006	)	$	45,888
Stock Fund:
Class A	Shares		3,048		3,612		138		77		(8,521	)		(10,693	)		—			—		(5,335	)		(7,004	)
	Amount	$	69,797	$	71,142	$	3,020	$	1,495	$	(194,695	)	$	(210,028	)	$	—		$	—	$	(121,878	)	$	(137,391	)
Class B	Shares		253		402		—		—		(4,166	)		(5,142	)		—			—		(3,913	)		(4,740	)
	Amount	$	5,345	$	7,405	$	—	$	—	$	(88,701	)	$	(94,598	)	$	—		$	—	$	(83,356	)	$	(87,193	)
Class C	Shares		185		294		—		—		(1,836	)		(2,633	)		—			—		(1,651	)		(2,339	)
	Amount	$	3,912	$	5,460	$	—	$	—	$	(39,151	)	$	(48,766	)	$	—		$	—	$	(35,239	)	$	(43,306	)
Class R3	Shares		2		—		—		—		—			—			—			—		2			—
	Amount	$	41	$	—	$	—	$	—	$	(1	)	$	—		$	—		$	—	$	40		$	—
Class R4	Shares		2		—		—		—		—			—			—			—		2			—
	Amount	$	40	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	40		$	—
Class R5	Shares		—		—		—		—		—			—			—			—		—			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class Y	Shares		536		823		45		38		(3,706	)		(467	)		—			—		(3,125	)		394
	Amount	$	12,633	$	16,857	$	1,030	$	772	$	(90,965	)	$	(9,646	)	$	—		$	—	$	(77,302	)	$	7,983
Strategic Income Fund:
Class A	Shares		5,219		—		75		—		(888	)		—			—			—		4,406			—
	Amount	$	51,016	$	—	$	730	$	—	$	(8,594	)	$	—		$	—		$	—	$	43,152		$	—

­ ­  353  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L				Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y				(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007		2006		2007		2006
Strategic Income Fund: — (continued)
Class B	Shares		271		—		3		—		(3	)		—			—		—		271		—
	Amount	$	2,640	$	—	$	28	$	—	$	(27	)	$	—		$	—	$	—	$	2,641	$	—
Class C	Shares		1,767		—		12		—		(9	)		—			—		—		1,770		—
	Amount	$	17,167	$	—	$	114	$	—	$	(84	)	$	—		$	—	$	—	$	17,197	$	—
Class I	Shares		1,208		—		10		—		(70	)		—			—		—		1,148		—
	Amount	$	11,761	$	—	$	93	$	—	$	(679	)	$	—		$	—	$	—	$	11,175	$	—
Class Y	Shares		1,086		—		4		—		—			—			—		—		1,090		—
	Amount	$	10,596	$	—	$	40	$	—	$	—		$	—		$	—	$	—	$	10,636	$	—
Target Retirement 2010 Fund:
Class A	Shares		725		165		12		2		(197	)		—			—		—		540		167
	Amount	$	7,276	$	1,556	$	124	$	16	$	(2,012	)	$	—		$	—	$	—	$	5,388	$	1,572
Class B	Shares		27		22		1		—		(1	)		—			—		—		27		22
	Amount	$	265	$	211	$	8	$	3	$	(10	)	$	(1	)	$	—	$	—	$	263	$	213
Class C	Shares		22		48		1		—		(2	)		—			—		—		21		48
	Amount	$	220	$	460	$	11	$	2	$	(23	)	$	—		$	—	$	—	$	208	$	462
Class R3	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10	$	—
Class R4	Shares		42		—		—		—		(1	)		—			—		—		41		—
	Amount	$	443	$	—	$	—	$	—	$	(9	)	$	—		$	—	$	—	$	434	$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10	$	—
Class Y	Shares		—		13		—		—		—			—			—		—		—		13
	Amount	$	—	$	120	$	4	$	2	$	—		$	—		$	—	$	—	$	4	$	122
Target Retirement 2020 Fund:
Class A	Shares		1,430		202		16		2		(134	)		(15	)		—		—		1,312		189
	Amount	$	15,731	$	2,052	$	174	$	15	$	(1,495	)	$	(148	)	$	—	$	—	$	14,410	$	1,919
Class B	Shares		48		27		1		—		(16	)		—			—		—		33		27
	Amount	$	538	$	271	$	6	$	1	$	(177	)	$	(2	)	$	—	$	—	$	367	$	270
Class C	Shares		35		34		1		—		(12	)		(3	)		—		—		24		31
	Amount	$	382	$	339	$	8	$	1	$	(141	)	$	(27	)	$	—	$	—	$	249	$	313
Class R3	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10	$	—
Class R4	Shares		97		—		—		—		—			—			—		—		97		—
	Amount	$	1,093	$	—	$	2	$	—	$	—		$	—		$	—	$	—	$	1,095	$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10	$	—
Class Y	Shares		—		—		—		—		—			—			—		—		—		—
	Amount	$	—	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Target Retirement 2030 Fund:
Class A	Shares		1,347		201		4		—		(151	)		(4	)		—		—		1,200		197
	Amount	$	13,453	$	1,815	$	41	$	2	$	(1,524	)	$	(33	)	$	—	$	—	$	11,970	$	1,784
Class B	Shares		29		33		—		—		(14	)		(1	)		—		—		15		32
	Amount	$	288	$	294	$	3	$	2	$	(131	)	$	(13	)	$	—	$	—	$	160	$	283
Class C	Shares		37		8		—		—		(9	)		—			—		—		28		8
	Amount	$	366	$	68	$	2	$	1	$	(88	)	$	—		$	—	$	—	$	280	$	69
Class R3	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10	$	—
Class R4	Shares		59		—		—		—		—			—			—		—		59		—
	Amount	$	618	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	618	$	—
Class R5	Shares		1		—		—		—		—			—			—		—		1		—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—	$	—	$	10	$	—
Class Y	Shares		—		2		—		—		—			—			—		—		—		2
	Amount	$	—	$	20	$	—	$	1	$	—		$	—		$	—	$	—	$	—	$	21
Tax-Free California Fund:
Class A	Shares		1,881		904		96		62		(622	)		(128	)		—		—		1,355		838
	Amount	$	19,586	$	9,421	$	992	$	642	$	(6,466	)	$	(1,327	)	$	—	$	—	$	14,112	$	8,736
Class B	Shares		50		44		4		2		(13	)		(24	)		—		—		41		22
	Amount	$	530	$	456	$	40	$	27	$	(138	)	$	(251	)	$	—	$	—	$	432	$	232

­ ­  354  ­ ­

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L					Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y					(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007			2006		2007			2006
Tax-Free California Fund: — (continued)
Class C	Shares		338		175		9		6		(166	)		(44	)		—			—		181			137
	Amount	$	3,532	$	1,828	$	89	$	60	$	(1,725	)	$	(452	)	$	—		$	—	$	1,896		$	1,436
Tax-Free Minnesota Fund:
Class A	Shares		459		165		36		21		(159	)		(67	)		—			—		336			119
	Amount	$	4,663	$	1,689	$	360	$	221	$	(1,604	)	$	(684	)	$	—		$	—	$	3,419		$	1,226
Class B	Shares		5		6		2		2		(9	)		(10	)		—			—		(2	)		(2	)
	Amount	$	60	$	59	$	21	$	22	$	(95	)	$	(100	)	$	—		$	—	$	(14	)	$	(19	)
Class C	Shares		56		4		2		1		(42	)		(6	)		—			—		16			(1	)
	Amount	$	578	$	44	$	17	$	13	$	(415	)	$	(68	)	$	—		$	—	$	180		$	(11	)
Class E	Shares		10		23		29		75		(58	)		(314	)		(2,273	)		—		(2,292	)		(216	)
	Amount	$	106	$	236	$	302	$	770	$	(598	)	$	(3,219	)	$	(21,805	)	$	—	$	(21,995	)	$	(2,213	)
Class H	Shares		—		—		—		—		—			—			(11	)		—		(11	)		—
	Amount	$	—		—	$	2	$	4	$	(1	)	$	(5	)	$	(126	)	$	—	$	(125	)	$	(1	)
Class L	Shares		58		2		11		9		(67	)		(38	)		37			—		39			(27	)
	Amount	$	579	$	23	$	114	$	90	$	(672	)	$	(386	)	$	384		$	—	$	405		$	(273	)
Class M	Shares		—		1		—		1		—			(2	)		(12	)		—		(12	)		—
	Amount	$	—	$	4	$	2	$	4	$	—		$	(16	)	$	(108	)	$	—	$	(106	)	$	(8	)
Class N	Shares		—		3		—		1		(5	)		(4	)		(14	)		—		(19	)		—
	Amount	$	2	$	28	$	2	$	5	$	(49	)	$	(37	)	$	(150	)	$	—	$	(195	)	$	(4	)
Class Y	Shares		17		—		53		—		(148	)		—			2,286			—		2,208			—
	Amount	$	167	$	—	$	533		—	$	(1,487	)	$	—		$	21,805		$	—	$	21,018		$	—
Tax-Free National Fund:
Class A	Shares		6,660		3,023		282		195		(2,669	)		(1,027	)		—			—		4,273			2,191
	Amount	$	73,982	$	33,711	$	3,130	$	2,163	$	(29,338	)	$	(11,431	)	$	—		$	—	$	47,774		$	24,443
Class B	Shares		194		145		19		20		(179	)		(189	)		—			—		34			(24	)
	Amount	$	2,161	$	1,607	$	213	$	216	$	(1,963	)	$	(2,090	)	$	—		$	—	$	411		$	(267	)
Class C	Shares		1,312		562		44		26		(423	)		(213	)		—			—		933			375
	Amount	$	14,604	$	6,249	$	489	$	285	$	(4,655	)	$	(2,371	)	$	—		$	—	$	10,438		$	4,163
Class E	Shares		11		49		24		89		(73	)		(368	)		(2,519	)		—		(2,557	)		(230	)
	Amount	$	122	$	549	$	272	$	993	$	(824	)	$	(4,112	)	$	(23,218	)	$	—	$	(23,648	)	$	(2,570	)
Class H	Shares		4		—		—		1		(6	)		(10	)		(15	)		—		(17	)		(9	)
	Amount	$	51		1	$	1	$	7	$	(76	)	$	(111	)	$	(150	)	$	—	$	(174	)	$	(103	)
Class I	Shares		324		—		2		—		(4	)		—			—			—		322			—
	Amount	$	3,521	$	—	$	17	$	—	$	(39	)	$	—		$	—		$	—	$	3,499		$	—
Class L	Shares		37		34		24		26		(92	)		(104	)		131			—		100			(44	)
	Amount	$	422	$	381	$	271	$	284	$	(1,024	)	$	(1,157	)	$	1,415		$	—	$	1,084		$	(492	)
Class M	Shares		—		—		1		3		(30	)		(9	)		(82	)		—		(111	)		(6	)
	Amount	$	1	$	2	$	8	$	35	$	(337	)	$	(97	)	$	(888	)	$	—	$	(1,216	)	$	(60	)
Class N	Shares		1		—		—		1		—			(13	)		(34	)		—		(33	)		(12	)
	Amount	$	—		5	$	4	$	16	$	—		$	(148	)	$	(377	)	$	—	$	(373	)	$	(127	)
Class Y	Shares		28		—		53		—		(183	)		—			2,521			—		2,419			—
	Amount	$	307	$	—	$	579		1	$	(2,016	)	$	—		$	23,218		$	—	$	22,088		$	1
Tax-Free New York Fund:
Class A	Shares		87		17		47		42		(84	)		(82	)		—			—		50			(23	)
	Amount	$	902	$	172	$	489	$	431	$	(855	)	$	(846	)	$	—		$	—	$	536		$	(243	)
Class B	Shares		13		4		6		5		(26	)		(11	)		—			—		(7	)		(2	)
	Amount	$	143	$	39	$	60	$	52	$	(260	)	$	(113	)	$	—		$	—	$	(57	)	$	(22	)
Class C	Shares		56		1		8		7		(37	)		(31	)		—			—		27			(23	)
	Amount	$	569	$	8	$	87	$	72	$	(375	)	$	(317	)	$	—		$	—	$	281		$	(237	)
Total Return Bond Fund:
Class A	Shares		23,983		18,327		2,209		1,485		(9,885	)		(8,299	)		—			—		16,307			11,513
	Amount	$	253,038	$	192,225	$	23,262	$	15,562	$	(104,112	)	$	(87,044	)	$	—		$	—	$	172,188		$	120,743
Class B	Shares		2,137		1,870		277		254		(2,085	)		(2,249	)		—			—		329			(125	)
	Amount	$	22,451	$	19,502	$	2,903	$	2,646	$	(21,873	)	$	(23,467	)	$	—		$	—	$	3,481		$	(1,319	)
Class C	Shares		2,749		2,136		246		222		(2,035	)		(2,233	)		—			—		960			125
	Amount	$	29,032	$	22,448	$	2,593	$	2,326	$	(21,486	)	$	(23,447	)	$	—		$	—	$	10,139		$	1,327
Class I	Shares		442		4		8		—		(164	)		—			—			—		286			4
	Amount	$	4,647	$	38	$	82	$	—	$	(1,722	)	$	—		$	—		$	—	$	3,007		$	38

­ ­  355  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L					Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y					(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007			2006		2007			2006
Total Return Bond Fund: — (continued)
Class R3	Shares		1		—		—		—		—			—			—			—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class R4	Shares		275		—		1		—		(1	)		—			—			—		275			—
	Amount	$	2,916	$	—	$	12	$	—	$	(11	)	$	—		$	—		$	—	$	2,917		$	—
Class R5	Shares		13		—		—		—		—			—			—			—		13			—
	Amount	$	139	$	—	$	1	$	—	$	—		$	—		$	—		$	—	$	140		$	—
Class Y	Shares		14,592		8,685		1,552		1,147		(8,988	)		(734	)		—			—		7,156			9,098
	Amount	$	155,108	$	92,401	$	16,519	$	12,137	$	(95,635	)	$	(7,756	)	$	—		$	—	$	75,992		$	96,782
U.S. Government Securities Fund:
Class A	Shares		2,814		1,370		218		201		(1,998	)		(1,674	)		—			—		1,034			(103	)
	Amount	$	25,715	$	12,608	$	1,994	$	1,845	$	(18,310	)	$	(15,426	)	$	—		$	—	$	9,399		$	(973	)
Class B	Shares		239		248		59		69		(616	)		(758	)		—			—		(318	)		(441	)
	Amount	$	2,168	$	2,261	$	533	$	635	$	(5,602	)	$	(6,954	)	$	—		$	—	$	(2,901	)	$	(4,058	)
Class C	Shares		941		391		35		32		(426	)		(406	)		—			—		550			17
	Amount	$	8,503	$	3,580	$	322	$	293	$	(3,878	)	$	(3,721	)	$	—		$	—	$	4,947		$	152
Class E	Shares		80		98		89		396		(468	)		(2,109	)		(9,418	)		—		(9,717	)		(1,615	)
	Amount	$	732	$	903	$	814	$	3,626	$	(4,297	)	$	(19,389	)	$	(114,541	)	$	—	$	(117,292	)	$	(14,860	)
Class H	Shares		1		5		2		9		(23	)		(99	)		(189	)		—		(209	)		(85	)
	Amount	$	6	$	49	$	16	$	84	$	(214	)	$	(906	)	$	(125	)	$	—	$	(317	)	$	(773	)
Class L	Shares		78		122		141		136		(521	)		(674	)		469			—		167			(416	)
	Amount	$	718	$	1,128	$	1,284	$	1,246	$	(4,762	)	$	(6,198	)	$	1,569		$	—	$	(1,191	)	$	(3,824	)
Class M	Shares		5		18		2		9		(28	)		(95	)		(208	)		—		(229	)		(68	)
	Amount	$	51	$	154	$	17	$	87	$	(260	)	$	(871	)	$	(971	)	$	—	$	(1,163	)	$	(630	)
Class N	Shares		—		3		1		3		(2	)		(22	)		(74	)		—		(75	)		(16	)
	Amount	$	6	$	27	$	6	$	29	$	(17	)	$	(205	)	$	(473	)	$	—	$	(478	)	$	(149	)
Class Y	Shares		69		11		254		13		(1,033	)		(1,005	)		9,390			—		8,680			(981	)
	Amount	$	636	$	100	$	2,314	$	117	$	(9,414	)	$	(9,347	)	$	114,541		$	—	$	108,077		$	(9,130	)
Value Fund:
Class A	Shares		1,265		1,313		396		41		(1,515	)		(1,075	)		—			—		146			279
	Amount	$	16,816	$	15,756	$	4,789	$	458	$	(20,032	)	$	(12,873	)	$	—		$	—	$	1,573		$	3,341
Class B	Shares		126		168		60		—		(185	)		(177	)		—			—		1			(9	)
	Amount	$	1,595	$	1,990	$	718	$	—	$	(2,400	)	$	(2,065	)	$	—		$	—	$	(87	)	$	(75	)
Class C	Shares		168		199		64		—		(256	)		(144	)		—			—		(24	)		55
	Amount	$	2,133	$	2,382	$	761	$	—	$	(3,266	)	$	(1,687	)	$	—		$	—	$	(372	)	$	695
Class I	Shares		3		—		—		—		—			—			—			—		3			—
	Amount	$	45	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	45		$	—
Class R3	Shares		1		—		—		—		—			—			—			—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class R4	Shares		1		—		—		—		—			—			—			—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class R5	Shares		1		—		—		—		—			—			—			—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class Y	Shares		15,203		2,346		884		70		(251	)		(2,417	)		—			—		15,836			(1	)
	Amount	$	190,615	$	28,384	$	10,742	$	780	$	(3,221	)	$	(27,945	)	$	—		$	—	$	198,136		$	1,219
Value Opportunities Fund:
Class A	Shares		3,258		2,747		585		133		(1,296	)		(1,047	)		—			—		2,547			1,833
	Amount	$	59,828	$	46,259	$	9,978	$	2,056	$	(23,739	)	$	(17,492	)	$	—		$	—	$	46,067		$	30,823
Class B	Shares		334		338		103		31		(276	)		(221	)		—			—		161			148
	Amount	$	5,628	$	5,323	$	1,607	$	442	$	(4,641	)	$	(3,466	)	$	—		$	—	$	2,594		$	2,299
Class C	Shares		807		663		124		28		(300	)		(273	)		—			—		631			418
	Amount	$	13,535	$	10,489	$	1,941	$	399	$	(5,018	)	$	(4,253	)	$	—		$	—	$	10,458		$	6,635
Class H	Shares		2		10		21		11		(16	)		(126	)		(221	)		—		(214	)		(105	)
	Amount	$	44	$	169	$	322	$	156	$	(269	)	$	(1,982	)	$	(2,519	)	$	—	$	(2,422	)	$	(1,657	)
Class I	Shares		286		1		—		—		(30	)		—			—			—		256			1
	Amount	$	5,366	$	11	$	4	$	—	$	(536	)	$	—		$	—		$	—	$	4,834		$	11
Class L	Shares		105		209		173		58		(444	)		(240	)		717			—		551			27
	Amount	$	1,926	$	3,536	$	2,949	$	898	$	(8,186	)	$	(4,067	)	$	9,953		$	—	$	6,642		$	367

­ ­  356  ­ ­

																Shares Issued
																from Merger
						Shares Issued for										M, N and H to L					Net Increase
		Shares Sold				Reinvested Dividends				Shares Redeemed						or E and Z to Y					(Decrease) of Shares
		2007		2006		2007		2006		2007			2006			2007			2006		2007			2006
Value Opportunities Fund: — (continued)
Class M	Shares		6		24		40		17		(34	)		(139	)		(425	)		—		(413	)		(98	)
	Amount	$	97	$	379	$	621	$	250	$	(550	)	$	(2,199	)	$	(5,620	)	$	—	$	(5,452	)	$	(1,570	)
Class N	Shares		1		4		12		5		(7	)		(23	)		(129	)		—		(123	)		(14	)
	Amount	$	12	$	60	$	189	$	68	$	(110	)	$	(362	)	$	(1,814	)	$	—	$	(1,723	)	$	(234	)
Class R3	Shares		7		—		—		—		—			—			—			—		7			—
	Amount	$	125	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	125		$	—
Class R4	Shares		40		—		—		—		(1	)		—			—			—		39			—
	Amount	$	748	$	—	$	—	$	—	$	(20	)	$	—		$	—		$	—	$	728		$	—
Class R5	Shares		1		—		—		—		—			—			—			—		1			—
	Amount	$	10	$	—	$	—	$	—	$	—		$	—		$	—		$	—	$	10		$	—
Class Y	Shares		1,422		962		248		215		(5,816	)		(1,707	)		—			—		(4,146	)		(530	)
	Amount	$	26,945	$	16,358	$	4,266	$	3,392	$	(103,724	)	$	(29,124	)	$	—		$	—	$	(72,513	)	$	(9,374	)

The following table reflects the conversion of Class B Shares into Class A Shares (reflected as Class A Shares issued and Class B shares redeemed within the previous table) and Classes H and M Shares into Class L Shares prior to the merger of Class H and Class M shares into Class L shares on February 9, 2007 (See Note 8) (reflected as Class L shares issued and Classes H and M shares redeemed within the previous table) for the periods ended October 31, 2007 and October 31, 2006:

	For the Year Ended				For the Year Ended
	October 31, 2007				October 31, 2006
Fund	Shares		Dollars		Shares		Dollars
Advisers Fund — Class B to Class A		3,163	$	55,920		1,937	$	31,068
Balanced Allocation Fund — Class B to Class A		147		1,805		63		728
Capital Appreciation Fund — Class B to Class A		1,894		76,650		3,083		114
Capital Appreciation II Fund — Class B to Class A		49		736		26		328
Checks and Balances Fund — Class B to Class A		9		90		—		—
Conservative Allocation Fund — Class B to Class A		22		247		5		58
Disciplined Equity Fund — Class B to Class A		179		2,551		142		1,768
Dividend and Growth Fund — Class B to Class A		674		14,747		990		20
Equity Growth Allocation Fund — Class B to Class A		16		232		16		194
Equity Income Fund — Class B to Class A		67		976		28		363
Floating Rate Fund — Class B to Class A		65		654		6		60
Fundamental Growth Fund — Class B to Class A		7		89		6		62
Global Communications Fund — Class B to Class A		13		118		13		102
Global Financial Services Fund — Class B to Class A		8		110		4		54
Global Growth Fund — Class B to Class A		241		5,041		200		3,702
Global Health Fund — Class B to Class A		49		893		44		750
Global Technology Fund — Class B to Class A		32		206		22		119
Growth Allocation Fund — Class B to Class A		95		1,276		54		654
Growth Fund — Class B to Class A		37		676		22		390
Growth Fund — Class H to Class L		38		676		187		3,425
Growth Fund — Class M to Class L		29		526		132		2,416
Growth Opportunities Fund — Class B to Class A		30		936		16		465
Growth Opportunities Fund — Class H to Class L		49		1,424		188		5,397
Growth Opportunities Fund — Class M to Class L		21		614		74		2,149
High Yield Fund — Class B to Class A		237		1,903		448		3,511
Income Allocation Fund — Class B to Class A		11		106		4		38
Income Fund — Class B to Class A		26		269		11		110
Inflation Plus Fund — Class B to Class A		36		373		19		199
International Growth Fund — Class B to Class A		87		1,369		29		394
International Opportunities Fund — Class B to Class A		135		2,461		109		1,622
International Small Company Fund — Class B to Class A		31		499		34		517
LargeCap Growth Fund — Class B to Class A		—		2		—		—
MidCap Fund — Class B to Class A		923		23,153		401		9,873
MidCap Growth Fund — Class B to Class A		1		12		—		—
MidCap Value Fund — Class B to Class A		86		1,236		54		745
Money Market Fund — Class B to Class A		2,423		2,423		1,633		1,633
Select MidCap Growth Fund — Class B to Class A		10		118		4		46

­ ­  357  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Notes to Financial Statements — (continued)
October 31, 2007
(000’s Omitted)

	For the Year Ended				For the Year Ended
	October 31, 2007				October 31, 2006
Fund	Shares		Dollars		Shares		Dollars
Select MidCap Value Fund — Class B to Class A		6	$	72		1	$	17
Select SmallCap Value Fund — Class B to Class A		1		7		—		—
Short Duration Fund — Class B to Class A		39		389		18		181
Small Company Fund — Class B to Class A		206		4,633		161		3,405
SmallCap Growth Fund — Class B to Class A		11		380		7		217
SmallCap Growth Fund — Class H to Class L		11		346		68		2,066
SmallCap Growth Fund — Class M to Class L		7		227		37		1,131
Stock Fund — Class B to Class A		1,464		33,670		1,125		22,176
Target Retirement 2010 Fund — Class B to Class A		—		1		—		—
Target Retirement 2020 Fund — Class B to Class A		2		26		—		—
Tax-Free California Fund — Class B to Class A		—		—		2		22
Tax-Free Minnesota Fund — Class H to Class L		—		—		—		1
Tax-Free Minnesota Fund — Class M to Class L		—		—		1		14
Tax-Free National Fund — Class B to Class A		14		155		9		105
Tax-Free National Fund — Class H to Class L		4		46		5		59
Tax-Free National Fund — Class M to Class L		30		337		7		83
Total Return Bond Fund — Class B to Class A		293		3,090		224		2,354
U.S. Government Securities Fund — Class B to Class A		89		813		60		558
U.S. Government Securities Fund — Class H to Class L		6		57		41		375
U.S. Government Securities Fund — Class M to Class L		14		126		26		244
Value Fund — Class B to Class A		14		179		8		88
Value Opportunities Fund — Class B to Class A		42		765		25		431
Value Opportunities Fund — Class H to Class L		9		166		71		1,190
Value Opportunities Fund — Class M to Class A		18		319		72		1,228

7.  Line of Credit:

The Funds, except for Money Market Fund, participate in a $1 billion committed revolving line of credit facility. The facility is to be used for temporary or emergency purposes. Under the arrangement, the Funds are required to own securities having a market value in excess of 300% of the total bank borrowings. The interest rate on borrowings varies depending on the nature of the loan. The facility also requires a fee to be paid based on the amount of the commitment. During the year ended October 31, 2007, the Funds did not have any borrowings under this facility.

8.  Class Mergers:

Effective with the close of business on February 9, 2007, the shareholders approved the following class mergers:

Classes H, M and N were merged into Class L for Growth Fund, Growth Opportunities Fund, SmallCap Growth Fund, Tax-Free Minnesota Fund, Tax-Free National Fund, U.S. Government Securities Fund and Value Opportunities Fund.

Class E was merged into Class Y for the Tax-Free Minnesota Fund, Tax-Free National Fund and U.S. Government Securities Fund.

Class Z was merged into Class Y for the Growth Opportunities Fund.

The mergers were accomplished by tax-free exchanges as detailed below:

Growth Fund

Class E

Class H

Class L

Class M

Class N

Class Y

Class Z

Shares exchanged

N/

A

929

—

987

241

N/

A

N/

A

Shares issued — from Class H

N/

A

—

809

—

—

N/

A

N/

A

Shares issued — from Class M

N/

A

—

857

—

—

N/

A

N/

A

Shares issued — from Class N

N/

A

—

209

—

—

N/

A

N/

A

Net assets immediately before the merger

N/

A

$

14,545

$

268,403

$

15,424

$

3,768

N/

A

N/

A

Net assets immediately after the merger

N/

A

$

—

$

302,140

$

—

$

—

N/

A

N/

A

Growth Opportunities Fund	Class E		Class H		Class L		Class M		Class N		Class Y		Class Z
Shares exchanged	N/	A		1,339		—		858		219		—		1,190
Shares issued — from Class H	N/	A		—		1,135		—		—		—		—
Shares issued — from Class M	N/	A		—		726		—		—		—		—
Shares issued — from Class N	N/	A		—		186		—		—		—		—
Shares issued — from Class Z	N/	A		—		—		—		—		1,238		—
Net assets immediately before the merger	N/	A	$	33,813	$	593,980	$	21,627	$	5,531	$	61,286	$	37,350
Net assets immediately after the merger	N/	A	$	—	$	654,951	$	—	$	—	$	98,636	$	—

­ ­  358  ­ ­

SmallCap Growth Fund

Class E

Class H

Class L

Class M

Class N

Class Y

Class Z

Shares exchanged

N/

A

448

—

485

193

N/

A

N/

A

Shares issued — from Class H

N/

A

—

402

—

—

N/

A

N/

A

Shares issued — from Class M

N/

A

—

435

—

—

N/

A

N/

A

Shares issued — from Class N

N/

A

—

173

—

—

N/

A

N/

A

Net assets immediately before the merger

N/

A

$

13,183

$

117,927

$

14,260

$

5,668

N/

A

N/

A

Net assets immediately after the merger

N/

A

$

—

$

151,038

$

—

$

—

N/

A

N/

A

Tax-Free Minnesota Fund	Class E		Class H		Class L		Class M		Class N		Class Y		Class Z
Shares exchanged		2,273		11		—		12		14		—	N/	A
Shares issued — from Class E		—		—		—		—		—		2,286	N/	A
Shares issued — from Class H		—		—		11		—		—		—	N/	A
Shares issued — from Class M		—		—		12		—		—		—	N/	A
Shares issued — from Class N		—		—		14		—		—		—	N/	A
Net assets immediately before the merger	$	23,363	$	117	$	2,543	$	120	$	148	$	11	N/	A
Net assets immediately after the merger	$	—	$	—	$	2,928	$	—	$	—	$	23,374	N/	A

Tax-Free National Fund	Class E		Class H		Class L		Class M		Class N		Class Y		Class Z
Shares exchanged		2,519		15		—		82		34		—	N/	A
Shares issued — from Class E		—		—		—		—		—		2,521	N/	A
Shares issued — from Class H		—		—		15		—		—		—	N/	A
Shares issued — from Class M		—		—		82		—		—		—	N/	A
Shares issued — from Class N		—		—		34		—		—		—	N/	A
Net assets immediately before the merger	$	28,369	$	164	$	7,649	$	921	$	377	$	11	N/	A
Net assets immediately after the merger	$	—	$	—	$	9,111	$	—	$	—	$	28,380	N/	A

U.S. Government Securities Fund	Class E		Class H		Class L		Class M		Class N		Class Y		Class Z
Shares exchanged		9,418		189		—		208		74		—	N/	A
Shares issued — from Class E		—		—		—		—		—		9,390	N/	A
Shares issued — from Class H		—		—		188		—		—		—	N/	A
Shares issued — from Class M		—		—		207		—		—		—	N/	A
Shares issued — from Class N		—		—		74		—		—		—	N/	A
Net assets immediately before the merger	$	86,224	$	1,720	$	29,469	$	1,895	$	677	$	11	N/	A
Net assets immediately after the merger	$	—	$	—	$	33,761	$	—	$	—	$	86,235	N/	A

Value Opportunities Fund

Class E

Class H

Class L

Class M

Class N

Class Y

Class Z

Shares exchanged

N/

A

221

—

425

129

N/

A

N/

A

Shares issued — from Class E

N/

A

—

—

—

—

N/

A

N/

A

Shares issued — from Class H

N/

A

—

205

—

—

N/

A

N/

A

Shares issued — from Class M

N/

A

—

393

—

—

N/

A

N/

A

Shares issued — from Class N

N/

A

—

119

—

—

N/

A

N/

A

Net assets immediately before the merger

N/

A

$

3,711

$

35,064

$

7,125

$

2,165

N/

A

N/

A

Net assets immediately after the merger

N/

A

$

—

$

48,065

$

—

$

—

N/

A

N/

A

9.  Subsequent Event:

On November 7, 2007, the Board of Directors (the “Board”) of The Hartford Mutual Funds, Inc. (the “Company”) approved an Agreement and Plan of Reorganization that provides for the reorganization of a series of the Company, The Hartford MidCap Growth Fund into The Hartford Select MidCap Growth Fund. The Reorganization does not require shareholder approval and was approved by the Board in order to eliminate the Company’s redundant product offerings. The Reorganization is expected to occur on or about February 25, 2008 at which time The Hartford Select MidCap Growth Fund will be renamed The Hartford MidCap Growth Fund.

­ ­  359  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
							Net																									Net Assets			Net Assets			Net Assets
							Realized																Net									Before			After			After			Ratio of
							and							Distributions									Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net		Payments		Unrealized		Total		Dividends			from									(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment		from		Gain		from		from Net			Realized				Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income		(to)		(Loss) on		Investment		Investment			Capital				from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)		Affiliate		Investments		Operations		Income			Gains				Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Advisers Fund
For the Year Ended October 31, 2007
Class A	$	16.74	$	0.30	$	0.01	$	1.87	$	2.18	$	(0.31	)	$	(0.09	)		$	—	$	(0.40	)	$	1.78	$	18.52		13.23	%(i)	$	1,088,361		1.15	%		1.10	%		1.10	%		1.67	%		84	%
Class B		16.57		0.16		0.02		1.84		2.02		(0.16	)		(0.09	)			—		(0.25	)		1.77		18.34		12.32	(i)		248,020		1.96			1.91			1.91			0.85			—
Class C		16.73		0.18		0.01		1.87		2.06		(0.19	)		(0.09	)			—		(0.28	)		1.78		18.51		12.44	(i)		206,799		1.83			1.78			1.78			0.98			—
Class Y		16.91		0.38		0.01		1.89		2.28		(0.39	)		(0.09	)			—		(0.48	)		1.80		18.71		13.73	(i)		19,948		0.69			0.64			0.64			2.13			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		17.24		0.21		—		1.44		1.65		(0.19	)		—				—		(0.19	)		1.46		18.70		9.62	(f)		11		1.45	(e)		1.40	(e)		1.40	(e)		1.38	(e)		—
Class R4		17.24		0.25		—		1.44		1.69		(0.23	)		—				—		(0.23	)		1.46		18.70		9.88	(f)		53		1.11	(e)		1.06	(e)		1.06	(e)		1.68	(e)		—
Class R5		17.24		0.31		—		1.43		1.74		(0.27	)		—				—		(0.27	)		1.47		18.71		10.17	(f)		11		0.85	(e)		0.80	(e)		0.80	(e)		1.98	(e)		—
For the Year Ended October 31, 2006
Class A		15.34		0.31		—		1.38		1.69		(0.29	)		—				—		(0.29	)		1.40		16.74		11.16			1,110,324		1.17			1.12			1.12			1.86			99
Class B		15.19		0.18		—		1.37		1.55		(0.17	)		—				—		(0.17	)		1.38		16.57		10.25			341,772		1.96			1.91			1.91			1.07			—
Class C		15.34		0.19		—		1.38		1.57		(0.18	)		—				—		(0.18	)		1.39		16.73		10.32			219,580		1.87			1.82			1.82			1.16			—
Class Y		15.50		0.38		—		1.40		1.78		(0.37	)		—				—		(0.37	)		1.41		16.91		11.63			17,710		0.71			0.66			0.66			2.32			—
For the Year Ended October 31, 2005 (h)
Class A		14.57		0.26		—		0.80		1.06		(0.29	)		—				—		(0.29	)		0.77		15.34		7.30			1,222,944		1.21			1.19			1.19			1.73			66
Class B		14.43		0.14		—		0.79		0.93		(0.17	)		—				—		(0.17	)		0.76		15.19		6.48			437,462		1.99			1.98			1.98			0.95			—
Class C		14.56		0.16		—		0.80		0.96		(0.18	)		—				—		(0.18	)		0.78		15.34		6.63			253,605		1.91			1.89			1.89			1.06			—
Class Y		14.72		0.33		—		0.81		1.14		(0.36	)		—				—		(0.36	)		0.78		15.50		7.78			15,342		0.75			0.74			0.74			2.13			—
For the Year Ended October 31, 2004 (h)
Class A		14.19		0.15		0.03		0.38		0.56		(0.18	)		—				—		(0.18	)		0.38		14.57		3.93	(i)		1,539,264		1.22			1.22			1.22			1.23			42
Class B		14.05		0.03		0.04		0.38		0.45		(0.07	)		—				—		(0.07	)		0.38		14.43		3.21	(i)		550,499		1.95			1.95			1.95			0.50			—
Class C		14.18		0.06		0.03		0.37		0.46		(0.08	)		—				—		(0.08	)		0.38		14.56		3.27	(i)		355,711		1.86			1.86			1.86			0.58			—
Class Y		14.37		0.25		—		0.36		0.61		(0.26	)		—				—		(0.26	)		0.35		14.72		4.22			13,587		0.74			0.74			0.74			1.71			—
For the Year Ended October 31, 2003 (h)
Class A		12.67		0.19		—		1.52		1.71		(0.19	)		—				—		(0.19	)		1.52		14.19		13.62			1,470,569		1.40			1.39			1.39			1.44			46
Class B		12.54		0.09		—		1.51		1.60		(0.09	)		—				—		(0.09	)		1.51		14.05		12.86			593,179		2.13			2.12			2.12			0.72			—
Class C		12.66		0.11		—		1.52		1.63		(0.11	)		—				—		(0.11	)		1.52		14.18		12.92			421,814		2.00			2.00			2.00			0.84			—
Class Y		12.82		0.27		—		1.54		1.81		(0.26	)		—				—		(0.26	)		1.55		14.37		14.28			8,714		0.81			0.81			0.81			1.98			—
The Hartford Balanced Allocation Fund (g)
For the Year Ended October 31, 2007
Class A		12.01		0.27		—		1.45		1.72		(0.36	)		(0.27	)	��		—		(0.63	)		1.09		13.10		14.95			608,443		0.54			0.54			0.54			2.09			34
Class B		11.98		0.18		—		1.44		1.62		(0.27	)		(0.27	)			—		(0.54	)		1.08		13.06		14.03			135,541		1.36			1.33			1.33			1.34			—
Class C		11.98		0.18		—		1.44		1.62		(0.27	)		(0.27	)			—		(0.54	)		1.08		13.06		14.07			225,155		1.29			1.29			1.29			1.35			—
Class I		12.00		0.26		—		1.50		1.76		(0.40	)		(0.27	)			—		(0.67	)		1.09		13.09		15.35			927		0.22			0.22			0.22			1.88			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		11.89		0.08		—		1.25		1.33		(0.14	)		—				—		(0.14	)		1.19		13.08		11.29	(f)		115		0.93	(e)		0.93	(e)		0.93	(e)		0.94	(e)		—
Class R4		11.89		0.14		—		1.23		1.37		(0.16	)		—				—		(0.16	)		1.21		13.10		11.61	(f)		2,679		0.66	(e)		0.66	(e)		0.66	(e)		1.23	(e)		—
Class R5		11.89		0.14		—		1.25		1.39		(0.18	)		—				—		(0.18	)		1.21		13.10		11.79	(f)		725		0.36	(e)		0.36	(e)		0.36	(e)		1.54	(e)		—
For the Year Ended October 31, 2006
Class A		10.95		0.18		—		1.12		1.30		(0.22	)		(0.02	)			—		(0.24	)		1.06		12.01		11.98			453,492		0.62			0.62			0.62			1.52			15
Class B		10.92		0.10		—		1.11		1.21		(0.13	)		(0.02	)			—		(0.15	)		1.06		11.98		11.22			109,117		1.44			1.36			1.36			0.82			—
Class C		10.92		0.11		—		1.11		1.22		(0.14	)		(0.02	)			—		(0.16	)		1.06		11.98		11.24			171,073		1.38			1.36			1.36			0.78			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		11.66		0.05		—		0.34		0.39		(0.05	)		—				—		(0.05	)		0.34		12.00		3.35	(f)		353		0.39	(e)		0.39	(e)		0.39	(e)		1.47	(e)		—
For the Year Ended October 31, 2005
Class A		10.30		0.13		—		0.64		0.77		(0.12	)		—				—		(0.12	)		0.65		10.95		7.47			262,878		0.66			0.60			0.60			1.26			2
Class B		10.28		0.06		—		0.62		0.68		(0.04	)		—				—		(0.04	)		0.64		10.92		6.66			72,619		1.47			1.31			1.31			0.55			—
Class C		10.28		0.06		—		0.62		0.68		(0.04	)		—				—		(0.04	)		0.64		10.92		6.66			103,248		1.41			1.31			1.31			0.56			—
From (commencement of operations) May 28, 2004, through October 31, 2004
Class A		10.00		0.02		—		0.30		0.32		(0.02	)		—				—		(0.02	)		0.30		10.30		3.15	(f)		67,293		0.62	(e)		0.59	(e)		0.59	(e)		0.99	(e)		—
Class B		10.00		0.01		—		0.27		0.28		—			—				—		—			0.28		10.28		2.82	(f)		18,841		1.45	(e)		1.29	(e)		1.29	(e)		0.33	(e)		—
Class C		10.00		—		—		0.28		0.28		—			—				—		—			0.28		10.28		2.82	(f)		30,414		1.38	(e)		1.29	(e)		1.29	(e)		0.30	(e)		—
The Hartford Balanced Income Fund
For the Year Ended October 31, 2007
Class A		10.42		0.34		—		0.59		0.93		(0.33	)		—				—		(0.33	)		0.60		11.02		9.07			40,501		1.33			1.19			1.19			3.57			27
Class B		10.41		0.26		—		0.59		0.85		(0.28	)		—				—		(0.28	)		0.57		10.98		8.22			2,280		2.21			2.00			2.00			2.76			—
Class C		10.41		0.26		—		0.58		0.84		(0.28	)		—				—		(0.28	)		0.56		10.97		8.17			4,256		2.14			2.00			2.00			2.76			—
Class Y		10.42		0.41		—		0.56		0.97		(0.36	)		—				—		(0.36	)		0.61		11.03		9.43			115		1.04			0.90			0.90			3.86			—

­ ­  360  ­ ­

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Balanced Income Fund — (continued)
From (commencement of operations) July 31, 2006, through October 31, 2006
Class A	$	10.00	$	0.09		$	—	$	0.39	$	0.48	$	(0.06	)	$	—		$	—	$	(0.06	)	$	0.42	$	10.42		4.78	%(f)	$	11,513		1.58	%(e)		1.26	%(e)		1.26	%(e)		3.48	%(e)		8	%
Class B		10.00		0.07			—		0.38		0.45		(0.04	)		—			—		(0.04	)		0.41		10.41		4.54	(f)		304		2.34	(e)		2.00	(e)		2.00	(e)		2.73	(e)		—
Class C		10.00		0.06			—		0.40		0.46		(0.05	)		—			—		(0.05	)		0.41		10.41		4.56	(f)		400		2.39	(e)		2.00	(e)		2.00	(e)		2.67	(e)		—
Class Y		10.00		0.10			—		0.38		0.48		(0.06	)		—			—		(0.06	)		0.42		10.42		4.83	(f)		105		1.31	(e)		0.90	(e)		0.90	(e)		3.86	(e)		—
The Hartford Capital Appreciation Fund
For the Year Ended October 31, 2007 (h)
Class A		39.67		0.16			—		9.42		9.58		(0.13	)		(3.04	)		—		(3.17	)		6.41		46.08		26.15	(i)		13,684,583		1.11			1.11			1.11			0.39			72
Class B		36.25		(0.15	)		—		8.53		8.38		—			(3.04	)		—		(3.04	)		5.34		41.59		25.15	(i)		2,209,870		1.92			1.92			1.92			(0.40	)		—
Class C		36.40		(0.12	)		—		8.58		8.46		—			(3.04	)		—		(3.04	)		5.42		41.82		25.28	(i)		4,411,286		1.83			1.83			1.83			(0.32	)		—
Class I		39.69		0.26			—		9.39		9.65		(0.40	)		(3.04	)		—		(3.44	)		6.21		45.90		26.49	(i)		156,616		0.79			0.79			0.79			0.65			—
Class Y		42.19		0.34			—		10.06		10.40		(0.32	)		(3.04	)		—		(3.36	)		7.04		49.23		26.66	(i)		1,035,754		0.72			0.72			0.72			0.78			—
From (commencement of operations) December 22, 2006, through October 31, 2007 (h)
Class R3		40.22		0.01			—		8.68		8.69		—			—			—		—			8.69		48.91		21.61	(f)		41		1.47	(e)		1.47	(e)		1.47	(e)		0.04	(e)		—
Class R4		40.22		0.02			—		8.81		8.83		—			—			—		—			8.83		49.05		21.95	(f)		15,618		1.14	(e)		1.14	(e)		1.14	(e)		0.06	(e)		—
Class R5		40.22		0.08			—		8.85		8.93		—			—			—		—			8.93		49.15		22.20	(f)		1,165		0.85	(e)		0.85	(e)		0.85	(e)		0.25	(e)		—
For the Year Ended October 31, 2006
Class A		36.51		0.15			—		6.43		6.58		—			(3.42	)		—		(3.42	)		3.16		39.67		19.56			9,312,766		1.18			1.18			1.18			0.47			74
Class B		33.90		(0.10	)		—		5.87		5.77		—			(3.42	)		—		(3.42	)		2.35		36.25		18.59			1,868,359		1.97			1.97			1.97			(0.31	)		—
Class C		34.00		(0.07	)		—		5.89		5.82		—			(3.42	)		—		(3.42	)		2.40		36.40		18.69			2,968,472		1.90			1.90			1.90			(0.25	)		—
Class Y		38.47		0.30			—		6.84		7.14		—			(3.42	)		—		(3.42	)		3.72		42.19		20.07			414,259		0.75			0.75			0.75			0.90			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		37.53		—			—		2.16		2.16		—			—			—		—			2.16		39.69		5.76	(f)		5,193		0.88	(e)		0.88	(e)		0.88	(e)		0.17	(e)		—
For the Year Ended October 31, 2005
Class A		30.80		0.09			—		5.62		5.71		—			—			—		—			5.71		36.51		18.54			6,071,891		1.26			1.26			1.26			0.31			93
Class B		28.82		(0.15	)		—		5.23		5.08		—			—			—		—			5.08		33.90		17.63			1,631,199		2.03			2.03			2.03			(0.45	)		—
Class C		28.88		(0.11	)		—		5.23		5.12		—			—			—		—			5.12		34.00		17.73			1,834,562		1.94			1.94			1.94			(0.37	)		—
Class Y		32.29		0.21			—		5.97		6.18		—			—			—		—			6.18		38.47		19.14			245,163		0.78			0.78			0.78			0.76			—
For the Year Ended October 31, 2004
Class A		26.50		(0.01	)		—		4.31		4.30		—			—			—		—			4.30		30.80		16.23			4,203,178		1.35			1.35			1.35			(0.05	)		78
Class B		24.97		(0.21	)		—		4.06		3.85		—			—			—		—			3.85		28.82		15.42			1,432,121		2.06			2.06			2.06			(0.78	)		—
Class C		25.00		(0.18	)		—		4.06		3.88		—			—			—		—			3.88		28.88		15.52			1,348,972		1.97			1.97			1.97			(0.68	)		—
Class Y		27.64		0.11			—		4.54		4.65		—			—			—		—			4.65		32.29		16.82			116,527		0.79			0.79			0.79			0.50			—
For the Year Ended October 31, 2003
Class A		20.47		(0.04	)		—		6.07		6.03		—			—			—		—			6.03		26.50		29.46			2,357,913		1.45			1.60			1.60			(0.13	)		113
Class B		19.44		(0.19	)		—		5.72		5.53		—			—			—		—			5.53		24.97		28.45			1,140,154		2.17			2.17			2.17			(0.87	)		—
Class C		19.44		(0.16	)		—		5.72		5.56		—			—			—		—			5.56		25.00		28.60			981,246		2.05			2.05			2.05			(0.75	)		—
Class Y		21.23		0.08			—		6.33		6.41		—			—			—		—			6.41		27.64		30.19			48,372		0.85			0.85			0.85			0.46			—
The Hartford Capital Appreciation II Fund
For the Year Ended October 31, 2007
Class A		13.13		—			—		4.13		4.13		—			(0.31	)		—		(0.31	)		3.82		16.95		32.15			821,428		1.44			1.44			1.44			—			102
Class B		12.99		(0.07	)		—		4.01		3.94		—			(0.31	)		—		(0.31	)		3.63		16.62		31.01			104,908		2.29			2.29			2.29			(0.86	)		—
Class C		13.00		(0.06	)		—		4.03		3.97		—			(0.31	)		—		(0.31	)		3.66		16.66		31.22			415,688		2.16			2.16			2.16			(0.73	)		—
Class I		13.14		0.02			—		4.17		4.19		—			(0.31	)		—		(0.31	)		3.88		17.02		32.60			83,905		1.11			1.11			1.11			0.31			—
Class Y		13.20		0.06			—		4.17		4.23		—			(0.31	)		—		(0.31	)		3.92		17.12		32.75			158		1.02			1.02			1.02			0.44			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.52		(0.03	)		—		3.51		3.48		—			—			—		—			3.48		17.00		25.74	(f)		452		1.85	(e)		1.85	(e)		1.85	(e)		(0.43	)(e)		—
Class R4		13.52		(0.01	)		—		3.54		3.53		—			—			—		—			3.53		17.05		26.11	(f)		14		1.47	(e)		1.47	(e)		1.47	(e)		(0.06	)(e)		—
Class R5		13.52		—			—		3.58		3.58		—			—			—		—			3.58		17.10		26.48	(f)		136		1.22	(e)		1.22	(e)		1.22	(e)		0.03	(e)		—
For the Year Ended October 31, 2006
Class A		11.07		(0.01	)		—		2.22		2.21		—			(0.15	)		—		(0.15	)		2.06		13.13		20.21			241,238		1.66			1.60			1.60			(0.13)%			113
Class B		11.02		(0.07	)		—		2.19		2.12		—			(0.15	)		—		(0.15	)		1.97		12.99		19.48			29,169		2.54			2.35			2.35			(0.88	)		—
Class C		11.04		(0.06	)		—		2.17		2.11		—			(0.15	)		—		(0.15	)		1.96		13.00		19.35			97,678		2.37			2.33			2.33			(0.86	)		—
Class Y		11.08		0.12			—		2.15		2.27		—			(0.15	)		—		(0.15	)		2.12		13.20		20.74			119		1.20			1.15			1.15			0.39			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		12.51		—			—		0.63		0.63		—			—			—		—			0.63		13.14		5.04	(f)		3,316		1.46	(e)		0.80	(e)		0.80	(e)		0.45	(e)		—

­ ­  361  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Capital Appreciation II Fund — (continued)
From (commencement of operations) April 29, 2005, through October 31, 2005
Class A	$	10.00	$	(0.01	)	$	—	$	1.08	$	1.07	$	—		$	—		$	—	$	—		$	1.07	$	11.07		10.70	%(f)	$	56,981		1.99	%(e)		1.60	%(e)		1.60	%(e)		(0.30	)%(e)		46	%
Class B		10.00		(0.03	)		—		1.05		1.02		—			—			—		—			1.02		11.02		10.20	(f)		6,343		2.97	(e)		2.35	(e)		2.35	(e)		(1.10	)(e)		—
Class C		10.00		(0.03	)		—		1.07		1.04		—			—			—		—			1.04		11.04		10.40	(f)		19,494		2.82	(e)		2.35	(e)		2.35	(e)		(1.12	)(e)		—
Class Y		10.00		0.02			—		1.06		1.08		—			—			—		—			1.08		11.08		10.80	(f)		332		1.41	(e)		1.15	(e)		1.15	(e)		0.29	(e)		—
The Hartford Checks and Balances Fund
From (commencement of operations) May 31, 2007, through October 31, 2007
Class A		10.00		0.05			—		0.51		0.56		(0.05	)		—			—		(0.05	)		0.51		10.51		5.56	(f)		172,572		0.43	(e)		0.43	(e)		0.43	(e)		1.77	(e)		—
Class B		10.00		0.03			—		0.49		0.52		(0.03	)		—			—		(0.03	)		0.49		10.49		5.24	(f)		19,750		1.26	(e)		1.25	(e)		1.25	(e)		0.96	(e)		—
Class C		10.00		0.03			—		0.49		0.52		(0.03	)		—			—		(0.03	)		0.49		10.49		5.23	(f)		55,105		1.18	(e)		1.18	(e)		1.18	(e)		1.02	(e)		—
The Hartford Conservative Allocation Fund (g)
For the Year Ended October 31, 2007
Class A		11.16		0.33			—		0.81		1.14		(0.38	)		(0.29	)		—		(0.67	)		0.47		11.63		10.64			121,488		0.59			0.59			0.59			2.91			40
Class B		11.16		0.25			—		0.80		1.05		(0.30	)		(0.29	)		—		(0.59	)		0.46		11.62		9.81			25,903		1.42			1.28			1.28			2.25			—
Class C		11.15		0.25			—		0.81		1.06		(0.30	)		(0.29	)		—		(0.59	)		0.47		11.62		9.91			46,433		1.35			1.28			1.28			2.17			—
Class I		11.16		0.38			—		0.78		1.16		(0.42	)		(0.29	)		—		(0.71	)		0.45		11.61		10.86			1,502		0.27			0.27			0.27			2.64			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.95		0.16			—		0.70		0.86		(0.20	)		—			—		(0.20	)		0.66		11.61		7.93	(f)		20		1.05	(e)		1.03	(e)		1.03	(e)		1.87	(e)		—
Class R4		10.95		0.20			—		0.70		0.90		(0.23	)		—			—		(0.23	)		0.67		11.62		8.25	(f)		429		0.75	(e)		0.75	(e)		0.75	(e)		2.26	(e)		—
Class R5		10.95		0.24			—		0.68		0.92		(0.24	)		—			—		(0.24	)		0.68		11.63		8.53	(f)		695		0.48	(e)		0.46	(e)		0.46	(e)		2.41	(e)		—
For the Year Ended October 31, 2006
Class A		10.57		0.26			—		0.76		1.02		(0.31	)		(0.12	)		—		(0.43	)		0.59		11.16		9.85			93,504		0.64			0.63			0.63			2.41			29
Class B		10.56		0.19			—		0.76		0.95		(0.23	)		(0.12	)		—		(0.35	)		0.60		11.16		9.19			20,782		1.48			1.31			1.31			1.73			—
Class C		10.56		0.19			—		0.76		0.95		(0.24	)		(0.12	)		—		(0.36	)		0.59		11.15		9.10			36,123		1.41			1.31			1.31			1.67			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		10.94		0.07			—		0.22		0.29		(0.07	)		—			—		(0.07	)		0.22		11.16		2.69	(f)		10		0.72	(e)		0.41	(e)		0.41	(e)		2.07	(e)		—
For the Year Ended October 31, 2005
Class A		10.27		0.23			—		0.28		0.51		(0.21	)		—			—		(0.21	)		0.30		10.57		4.96			70,533		0.63			0.60			0.60			2.25			23
Class B		10.26		0.16			—		0.28		0.44		(0.14	)		—			—		(0.14	)		0.30		10.56		4.26			14,525		1.48			1.26			1.26			1.60			—
Class C		10.26		0.16			—		0.28		0.44		(0.14	)		—			—		(0.14	)		0.30		10.56		4.26			27,453		1.42			1.26			1.26			1.56			—
From (commencement of operations) May 28, 2004, through October 31, 2004
Class A		10.00		0.03			—		0.27		0.30		(0.03	)		—			—		(0.03	)		0.27		10.27		2.96	(f)		33,921		0.63	(e)		0.60	(e)		0.60	(e)		1.70	(e)		—
Class B		10.00		0.02			—		0.25		0.27		(0.01	)		—			—		(0.01	)		0.26		10.26		2.70	(f)		4,993		1.44	(e)		1.25	(e)		1.25	(e)		1.05	(e)		—
Class C		10.00		0.02			—		0.25		0.27		(0.01	)		—			—		(0.01	)		0.26		10.26		2.70	(f)		10,807		1.38	(e)		1.25	(e)		1.25	(e)		1.17	(e)		—
The Hartford Disciplined Equity Fund
For the Year Ended October 31, 2007
Class A		13.19		0.04			0.01		1.77		1.82		(0.10	)		—			—		(0.10	)		1.72		14.91		13.87	(i)		177,170		1.40			1.40			1.40			0.32			72
Class B		12.53		(0.07	)		0.01		1.70		1.64		(0.01	)		—			—		(0.01	)		1.63		14.16		13.14	(i)		29,968		2.31			2.08			2.08			(0.35	)		—
Class C		12.54		(0.07	)		0.01		1.70		1.64		(0.01	)		—			—		(0.01	)		1.63		14.17		13.07	(i)		26,479		2.09			2.09			2.09			(0.37	)		—
Class Y		13.58		0.19			0.01		1.75		1.95		(0.10	)		—			—		(0.10	)		1.85		15.43		14.45	(i)		111,098		0.88			0.88			0.88			0.86			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.89		—			—		1.44		1.44		—			—			—		—			1.44		15.33		10.37	(f)		11		1.65	(e)		1.65	(e)		1.65	(e)		(0.03	)(e)		—
Class R4		13.89		0.03			—		1.45		1.48		—			—			—		—			1.48		15.37		10.66	(f)		11		1.34	(e)		1.34	(e)		1.34	(e)		0.28	(e)		—
Class R5		13.89		0.07			—		1.45		1.52		—			—			—		—			1.52		15.41		10.94	(f)		11		1.05	(e)		1.05	(e)		1.05	(e)		0.57	(e)		—
For the Year Ended October 31, 2006
Class A		11.78		0.04			—		1.39		1.43		(0.02	)		—			—		(0.02	)		1.41		13.19		12.13			189,375		1.40			1.40			1.40			0.39			67
Class B		11.25		(0.03	)		—		1.31		1.28		—			—			—		—			1.28		12.53		11.38			35,673		2.30			2.07			2.07			(0.28	)		—
Class C		11.26		(0.04	)		—		1.32		1.28		—			—			—		—			1.28		12.54		11.37			29,153		2.10			2.10			2.10			(0.31	)		—
Class Y		12.12		0.14			—		1.40		1.54		(0.08	)		—			—		(0.08	)		1.46		13.58		12.76			169,614		0.89			0.89			0.89			0.88			—
For the Year Ended October 31, 2005
Class A		10.67		0.10			—		1.09		1.19		(0.08	)		—			—		(0.08	)		1.11		11.78		11.19			209,721		1.41			1.40			1.40			0.81			61
Class B		10.20		(0.02	)		—		1.08		1.06		(0.01	)		—			—		(0.01	)		1.05		11.25		10.35			39,806		2.34			2.15			2.15			0.06			—
Class C		10.22		(0.02	)		—		1.07		1.05		(0.01	)		—			—		(0.01	)		1.04		11.26		10.29			33,690		2.11			2.11			2.11			0.12			—
Class Y		10.99		0.15			—		1.12		1.27		(0.14	)		—			—		(0.14	)		1.13		12.12		11.62			81,582		0.90			0.90			0.90			0.97			—
For the Year Ended October 31, 2004
Class A		10.08		0.03			—		0.57		0.60		(0.01	)		—			—		(0.01	)		0.59		10.67		5.92			241,014		1.46			1.45			1.45			0.30			62
Class B		9.70		(0.05	)		—		0.55		0.50		—			—			—		—			0.50		10.20		5.16			44,561		2.34			2.15			2.15			(0.41	)		—
Class C		9.71		(0.05	)		—		0.56		0.51		—			—			—		—			0.51		10.22		5.25	(i)		40,965		2.10			2.10			2.10			(0.36	)		—
Class Y		10.36		(0.01	)		—		0.69		0.68		(0.05	)		—			—		(0.05	)		0.63		10.99		6.55			19,578		0.88			0.88			0.88			0.95			—

­ ­  362  ­ ­

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Disciplined Equity Fund — (continued)
For the Year Ended October 31, 2003
Class A	$	8.43	$	0.02		$	—	$	1.63	$	1.65	$	—		$	—		$	—	$	—		$	1.65	$	10.08		19.57	%	$	243,842		1.56	%		1.45	%		1.45	%		0.24	%		76	%
Class B		8.17		(0.04	)		—		1.57		1.53		—			—			—		—			1.53		9.70		18.73			47,888		2.30			2.15			2.15			(0.46	)		—
Class C		8.18		(0.04	)		—		1.57		1.53		—			—			—		—			1.53		9.71		18.70			46,162		2.17			2.15			2.15			(0.46	)		—
Class Y		8.63		0.08			—		1.65		1.73		—			—			—		—			1.73		10.36		20.05			622		0.98			0.98			0.98			0.70			—
The Hartford Dividend and Growth Fund
For the Year Ended October 31, 2007
Class A		21.48		0.29			0.01		2.95		3.25		(0.27	)		(1.34	)		—		(1.61	)		1.64		23.12		16.20	(i)		3,236,757		1.09			1.09			1.09			1.35			24
Class B		21.17		0.11			0.01		2.90		3.02		(0.09	)		(1.34	)		—		(1.43	)		1.59	��	22.76		15.22	(i)		395,552		1.95			1.95			1.95			0.50			—
Class C		21.13		0.13			0.01		2.91		3.05		(0.12	)		(1.34	)		—		(1.46	)		1.59		22.72		15.42	(i)		365,443		1.82			1.82			1.82			0.62			—
Class I		21.46		0.36			—		2.98		3.34		(0.39	)		(1.34	)		—		(1.73	)		1.61		23.07		16.67	(i)		1,899		0.77			0.77			0.77			1.50			—
Class Y		21.72		0.37			—		3.02		3.39		(0.36	)		(1.34	)		—		(1.70	)		1.69		23.41		16.68	(i)		255,138		0.69			0.69			0.69			1.72			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		21.14		0.15			—		2.25		2.40		(0.17	)		—			—		(0.17	)		2.23		23.37		11.38	(f)		177		1.40	(e)		1.40	(e)		1.40	(e)		0.63	(e)		—
Class R4		21.14		0.21			—		2.26		2.47		(0.22	)		—			—		(0.22	)		2.25		23.39		11.70	(f)		1,994		1.09	(e)		1.09	(e)		1.09	(e)		0.72	(e)		—
Class R5		21.14		0.26			—		2.26		2.52		(0.25	)		—			—		(0.25	)		2.27		23.41		11.99	(f)		193		0.82	(e)		0.82	(e)		0.82	(e)		0.98	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		19.10		0.26			—		3.14		3.40		(0.26	)		(0.76	)		—		(1.02	)		2.38		21.48		18.63			2,626,634		1.14			1.14			1.14			1.32			29
Class B		18.84		0.09			—		3.10		3.19		(0.10	)		(0.76	)		—		(0.86	)		2.33		21.17		17.63			365,678		1.99			1.99			1.99			0.48			—
Class C		18.81		0.12			—		3.08		3.20		(0.12	)		(0.76	)		—		(0.88	)		2.32		21.13		17.75			317,139		1.87			1.87			1.87			0.60			—
Class Y		19.30		0.35			—		3.18		3.53		(0.35	)		(0.76	)		—		(1.11	)		2.42		21.72		19.15			133,376		0.71			0.71			0.71			1.75			—
From (commencement of operations) August 31, 2006, through October 31, 2006 (h)
Class I		20.48		0.03			—		1.03		1.06		(0.08	)		—			—		(0.08	)		0.98		21.46		5.20	(f)		11		1.08	(e)		0.98	(e)		0.98	(e)		0.59	(e)		—
For the Year Ended October 31, 2005
Class A		17.79		0.23			—		1.51		1.74		(0.24	)		(0.19	)		—		(0.43	)		1.31		19.10		9.87			2,109,617		1.17			1.17			1.17			1.25			26
Class B		17.56		0.08			—		1.48		1.56		(0.09	)		(0.19	)		—		(0.28	)		1.28		18.84		8.92			343,650		2.01			2.01			2.01			0.41			—
Class C		17.53		0.10			—		1.48		1.58		(0.11	)		(0.19	)		—		(0.30	)		1.28		18.81		9.08			280,967		1.89			1.89			1.89			0.54			—
Class Y		17.97		0.32			—		1.53		1.85		(0.33	)		(0.19	)		—		(0.52	)		1.33		19.30		10.36			114,777		0.73			0.73			0.73			1.64			—
For the Year Ended October 31, 2004
Class A		15.94		0.16			0.01		1.82		1.99		(0.14	)		—			—		(0.14	)		1.85		17.79		12.53	(i)		1,838,567		1.23			1.23			1.23			0.96			25
Class B		15.75		0.03			—		1.80		1.83		(0.02	)		—			—		(0.02	)		1.81		17.56		11.62			319,512		2.04			2.04			2.04			0.16			—
Class C		15.72		0.05			0.01		1.79		1.85		(0.04	)		—			—		(0.04	)		1.81		17.53		11.76	(i)		277,706		1.90			1.90			1.90			0.29			—
Class Y		16.11		0.24			—		1.86		2.10		(0.24	)		—			—		(0.24	)		1.86		17.97		13.06			69,088		0.75			0.75			0.75			1.44			—
For the Year Ended October 31, 2003
Class A		13.58		0.12			—		2.37		2.49		(0.13	)(j)		—			—		(0.13	)		2.36		15.94		18.42			1,296,982		1.41			1.40			1.40			0.88			31
Class B		13.43		0.03			—		2.32		2.35		(0.03	)(j)		—			—		(0.03	)		2.32		15.75		17.52			257,856		2.14			2.13			2.13			0.16			—
Class C		13.40		0.04			—		2.32		2.36		(0.04	)(j)		—			—		(0.04	)		2.32		15.72		17.67			230,348		2.02			2.02			2.02			0.27			—
Class Y		13.73		0.19			—		2.40		2.59		(0.21	)(j)		—			—		(0.21	)		2.38		16.11		19.03			42,107		0.81			0.81			0.81			1.44			—
The Hartford Equity Growth Allocation Fund (formerly known as The Hartford Aggressive Growth Allocation Fund) (g)
For the Year Ended October 31, 2007
Class A		13.21		0.03			—		2.83		2.86		(0.24	)		(0.28	)		—		(0.52	)		2.34		15.55		22.39			173,379		0.69			0.69			0.69			(0.06	)		37
Class B		13.10		(0.07	)		—		2.81		2.74		(0.16	)		(0.28	)		—		(0.44	)		2.30		15.40		21.58			47,743		1.52			1.37			1.37			(0.72	)		—
Class C		13.10		(0.07	)		—		2.80		2.73		(0.16	)		(0.28	)		—		(0.44	)		2.29		15.39		21.50			74,047		1.42			1.37			1.37			(0.72	)		—
Class I		13.22		0.19			—		2.71		2.90		(0.25	)		(0.28	)		—		(0.53	)		2.37		15.59		22.75			64		0.39			0.37			0.37			(0.15	)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.24		(0.05	)		—		2.33		2.28		—			—			—		—			2.28		15.52		17.22	(f)		952		0.97	(e)		0.96	(e)		0.96	(e)		(0.91	)%(e)		—
Class R4		13.24		(0.02	)		—		2.34		2.32		—			—			—		—			2.32		15.56		17.52	(f)		456		0.71	(e)		0.69	(e)		0.69	(e)		(0.64	)(e)		—
Class R5		13.24		(0.01	)		—		2.37		2.36		—			—			—		—			2.36		15.60		17.82	(f)		77		0.42	(e)		0.38	(e)		0.38	(e)		(0.33	)(e)		—
For the Year Ended October 31, 2006
Class A		11.46		0.02			—		1.83		1.85		(0.09	)		(0.01	)		—		(0.10	)		1.75		13.21		16.18			116,198		0.79			0.72			0.72			(0.34	)		14
Class B		11.37		(0.12	)		—		1.88		1.76		(0.02	)		(0.01	)		—		(0.03	)		1.73		13.10		15.43			33,295		1.62			1.37			1.37			(0.93	)		—
Class C		11.37		(0.12	)		—		1.88		1.76		(0.02	)		(0.01	)		—		(0.03	)		1.73		13.10		15.43			51,936		1.51			1.37			1.37			(0.92	)		—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		12.59		(0.01	)		—		0.64		0.63		—			—			—		—			0.63		13.22		5.00	(f)		11		0.71	(e)		0.48	(e)		0.48	(e)		(0.45	)(e)		—
For the Year Ended October 31, 2005
Class A		10.38		(0.02	)		—		1.12		1.10		(0.02	)		—			—		(0.02	)		1.08		11.46		10.60			58,087		0.85			0.68			0.68			(0.43	)		9
Class B		10.35		(0.08	)		—		1.10		1.02		—			—			—		—			1.02		11.37		9.88			20,155		1.64			1.33			1.33			(1.08	)		—
Class C		10.35		(0.07	)		—		1.09		1.02		—			—			—		—			1.02		11.37		9.88			32,718		1.53			1.34			1.34			(1.08	)		—

­ ­  363  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																												— Ratios and Supplemental Data —
																																		Ratio of			Ratio of			Ratio of
																																		Expenses			Expenses			Expenses
																																		to Average			to Average			to Average
								Net																										Net Assets			Net Assets			Net Assets
								Realized																Net										Before			After			After			Ratio of
								and								Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total		Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from		from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment		Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations		Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Equity Growth Allocation Fund (formerly known as The Hartford Aggressive Growth Allocation Fund) (g) — (continued)
From (commencement of operations) May 28, 2004, through October 31, 2004
Class A	$	10.00	$	(0.01	)	$	—	$	0.39		$	0.38	$	—		$	—		$	—	$	—		$	0.38		$	10.38		3.80	%(f)	$	12,415		0.86	%(e)		0.67	%(e)		0.67	%(e)		(0.58	)%(e)		3	%
Class B		10.00		(0.02	)		—		0.37			0.35		—			—			—		—			0.35			10.35		3.50	(f)		4,532		1.69	(e)		1.32	(e)		1.32	(e)		(1.23	)(e)		—
Class C		10.00		(0.02	)		—		0.37			0.35		—			—			—		—			0.35			10.35		3.50	(f)		5,424		1.59	(e)		1.32	(e)		1.32	(e)		(1.23	)(e)		—
The Hartford Equity Income Fund
For the Year Ended October 31, 2007
Class A		14.00		0.27			—		1.69			1.96		(0.26	)		(0.54	)		—		(0.80	)		1.16			15.16		14.68			758,905		1.22			1.12			1.12			1.93			20
Class B		13.97		0.16			—		1.67			1.83		(0.14	)		(0.54	)		—		(0.68	)		1.15			15.12		13.69			52,424		2.07			1.97			1.97			1.09			—
Class C		13.99		0.18			—		1.67			1.85		(0.16	)		(0.54	)		—		(0.70	)		1.15			15.14		13.80			72,690		1.94			1.84			1.84			1.23			—
Class I		13.99		0.31			—		1.69			2.00		(0.33	)		(0.54	)		—		(0.87	)		1.13			15.12		14.96			907		0.92			0.82			0.82			2.18			—
Class Y		14.07		0.31			—		1.72			2.03		(0.33	)		(0.54	)		—		(0.87	)		1.16			15.23		15.12			130,262		0.83			0.73			0.73			2.30			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		13.97		0.17			—		1.24			1.41		(0.17	)		—			—		(0.17	)		1.24			15.21		10.11	(f)		95		1.60	(e)		1.50	(e)		1.50	(e)		1.51	(e)		—
Class R4		13.97		0.23			—		1.22			1.45		(0.20	)		—			—		(0.20	)		1.25			15.22		10.44	(f)		11		1.28	(e)		1.18	(e)		1.18	(e)		1.84	(e)		—
Class R5		13.97		0.27			—		1.21			1.48		(0.23	)		—			—		(0.23	)		1.25			15.22		10.67	(f)		11		0.99	(e)		0.89	(e)		0.89	(e)		2.13	(e)		—
For the Year Ended October 31, 2006
Class A		12.09		0.26			—		1.96			2.22		(0.28	)		(0.03	)		—		(0.31	)		1.91			14.00		18.70			529,664		1.30			1.00			1.00			2.02			24
Class B		12.07		0.16			—		1.94			2.10		(0.17	)		(0.03	)		—		(0.20	)		1.90			13.97		17.67			43,198		2.14			1.84			1.84			1.19			—
Class C		12.08		0.17			—		1.96			2.13		(0.19	)		(0.03	)		—		(0.22	)		1.91			13.99		17.88			61,572		2.01			1.71			1.71			1.33			—
Class Y		12.15		0.30			—		1.98			2.28		(0.33	)		(0.03	)		—		(0.36	)		1.92			14.07		19.18			7,593		0.88			0.58			0.58			2.26			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		13.52		0.08			—		0.46			0.54		(0.07	)		—			—		(0.07	)		0.47			13.99		4.05	(f)		106		1.37	(e)		0.80	(e)		0.80	(e)		1.32	(e)		—
For the Year Ended October 31, 2005
Class A		11.28		0.27			—		0.82			1.09		(0.26	)		(0.02	)		—		(0.28	)		0.81			12.09		9.74			379,604		1.34			0.51			0.51			2.41			23
Class B		11.26		0.17			—		0.82			0.99		(0.16	)		(0.02	)		—		(0.18	)		0.81			12.07		8.84			33,989		2.18			1.38			1.38			1.53			—
Class C		11.27		0.20			—		0.81			1.01		(0.18	)		(0.02	)		—		(0.20	)		0.81			12.08		9.00			53,435		2.03			1.23			1.23			1.70			—
Class Y		11.33		0.32			—		0.83			1.15		(0.31	)		(0.02	)		—		(0.33	)		0.82			12.15		10.22			784		0.91			0.11			0.11			2.79			—
For the Year Ended October 31, 2004
Class A		10.37		0.21			—		0.90			1.11		(0.20	)		—			—		(0.20	)		0.91			11.28		10.82			211,826		1.40			0.56			0.56			2.26			22
Class B		10.36		0.13			—		0.89			1.02		(0.12	)		—			—		(0.12	)		0.90			11.26		9.93			18,438		2.20			1.37			1.37			1.46			—
Class C		10.36		0.15			—		0.89			1.04		(0.13	)		—			—		(0.13	)		0.91			11.27		10.12			44,043		2.02			1.19			1.19			1.64			—
Class Y		10.39		0.24			—		0.95			1.19		(0.25	)		—			—		(0.25	)		0.94			11.33		11.53			375		0.91			0.11			0.11			2.73			—
From inception August 28, 2003, through October 31, 2003
Class A		10.00		0.02			—		0.35			0.37		—			—			—		—			0.37			10.37		3.70	(f)		26,649		1.53	(e)		0.73	(e)		0.73	(e)		1.81	(e)		1
Class B		10.00		0.01			—		0.35			0.36		—			—			—		—			0.36			10.36		3.60	(f)		2,421		2.27	(e)		1.47	(e)		1.47	(e)		1.10	(e)		—
Class C		10.00		0.01			—		0.35			0.36		—			—			—		—			0.36			10.36		3.60	(f)		7,639		2.15	(e)		1.35	(e)		1.35	(e)		1.23	(e)		—
Class Y		10.00		0.04			—		0.35			0.39		—			—			—		—			0.39			10.39		3.90	(f)		104		0.93	(e)		0.13	(e)		0.13	(e)		2.17	(e)		—
The Hartford Floating Rate Fund
For the Year Ended October 31, 2007
Class A		10.11		0.66			—		(0.31	)		0.35		(0.67	)		—			—		(0.67	)		(0.32	)		9.79		3.54			1,996,644		0.96			0.96			0.96			6.61			62
Class B		10.11		0.58			—		(0.31	)		0.27		(0.59	)		—			—		(0.59	)		(0.32	)		9.79		2.72			71,403		1.80			1.75			1.75			5.84			—
Class C		10.11		0.59			—		(0.32	)		0.27		(0.60	)		—			—		(0.60	)		(0.33	)		9.78		2.67			1,870,911		1.74			1.74			1.74			5.86			—
Class I		10.11		0.70			—		(0.32	)		0.38		(0.70	)		—			—		(0.70	)		(0.32	)		9.79		3.84			406,906		0.71			0.71			0.71			6.88			—
Class Y		10.11		0.69			—		(0.32	)		0.37		(0.70	)		—			—		(0.70	)		(0.33	)		9.78		3.73			104,762		0.68			0.68			0.68			6.92			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.09		0.54			—		(0.31	)		0.23		(0.53	)		—			—		(0.53	)		(0.30	)		9.79		2.31	(f)		285		1.75	(e)		1.25	(e)		1.25	(e)		6.59	(e)		—
Class R4		10.09		0.56			—		(0.32	)		0.24		(0.55	)		—			—		(0.55	)		(0.31	)		9.78		2.42	(f)		10		1.18	(e)		1.00	(e)		1.00	(e)		6.58	(e)		—
Class R5		10.09		0.58			—		(0.29	)		0.29		(0.57	)		—			—		(0.57	)		(0.28	)		9.81		2.90	(f)		205		0.86	(e)		0.85	(e)		0.85	(e)		6.81	(e)		—
For the Year Ended October 31, 2006
Class A		10.09		0.62			—		0.02			0.64		(0.62	)		—			—		(0.62	)		0.02			10.11		6.56			1,500,394		0.98			0.50			0.50			6.71			33
Class B		10.08		0.54			—		0.03			0.57		(0.54	)		—			—		(0.54	)		0.03			10.11		5.79			42,182		1.83			1.35			1.35			5.84			—
Class C		10.08		0.55			—		0.03			0.58		(0.55	)		—			—		(0.55	)		0.03			10.11		5.86			828,910		1.77			1.28			1.28			5.93			—
Class Y		10.08		0.66			—		0.02			0.68		(0.65	)		—			—		(0.65	)		0.03			10.11		7.00			50,896		0.65			0.15			0.15			6.89			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		10.11		0.12			—		—			0.12		(0.12	)		—			—		(0.12	)		—			10.11		1.21	(f)		61,805		0.74	(e)		0.43	(e)		0.43	(e)		7.99	(e)		—
From (commencement of operations) April 29, 2005, through October 31, 2005
Class A		10.00		0.22			—		0.08			0.30		(0.21	)		—			—		(0.21	)		0.09			10.09		3.06	(f)		169,485		1.03	(e)		0.29	(e)		0.29	(e)		5.68	(e)		15
Class B		10.00		0.19			—		0.08			0.27		(0.19	)		—			—		(0.19	)		0.08			10.08		2.66	(f)		5,659		1.89	(e)		1.04	(e)		1.04	(e)		4.91	(e)		—
Class C		10.00		0.18			—		0.09			0.27		(0.19	)		—			—		(0.19	)		0.08			10.08		2.67	(f)		92,710		1.79	(e)		1.02	(e)		1.02	(e)		5.03	(e)		—
Class Y		10.00		0.23			—		0.08			0.31		(0.23	)		—			—		(0.23	)		0.08			10.08		3.10	(f)		10,062		0.73	(e)		0.01	(e)		0.01	(e)		6.06	(e)		—

­ ­  364  ­ ­

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Fundamental Growth Fund (formerly known as The Hartford Focus Fund)
For the Year Ended October 31, 2007
Class A	$	11.02	$	(0.04	)	$	0.04	$	2.93	$	2.93	$	—		$	—		$	—	$	—		$	2.93	$	13.95		26.59	%(i)	$	39,831		1.50	%		1.47	%		1.47	%		(0.30	)%		159	%
Class B		10.66		(0.14	)		0.04		2.84		2.74		—			—			—		—			2.74		13.40		25.70	(i)		12,307		2.30			2.20			2.20			(1.04	)		—
Class C		10.67		(0.13	)		0.04		2.83		2.74		—			—			—		—			2.74		13.41		25.68	(i)		13,703		2.22			2.20			2.20			(1.04	)		—
Class Y		11.22		0.02			0.04		2.99		3.05		—			—			—		—			3.05		14.27		27.18	(i)		390		1.02			1.02			1.02			0.17			—
For the Year Ended October 31, 2006
Class A		10.26		0.02			—		0.81		0.83		(0.07	)		—			—		(0.07	)		0.76		11.02		8.07			40,215		1.68			1.50			1.50			0.14			123
Class B		9.94		(0.06	)		—		0.78		0.72		—			—			—		—			0.72		10.66		7.24			13,162		2.47			2.25			2.25			(0.61	)		—
Class C		9.94		(0.07	)		—		0.80		0.73		—			—			—		—			0.73		10.67		7.34			13,065		2.39			2.25			2.25			(0.61	)		—
Class Y		10.44		0.04			—		0.85		0.89		(0.11	)		—			—		(0.11	)		0.78		11.22		8.57			487		1.18			1.07			1.07			0.56			—
For the Year Ended October 31, 2005
Class A		9.14		0.08			—		1.04		1.12		—			—			—		—			1.12		10.26		12.31			50,067		1.65			1.60	(i)		1.60	(i)		0.68			112
Class B		8.92		(0.01	)		—		1.03		1.02		—			—			—		—			1.02		9.94		11.44			15,156		2.45			2.35	(i)		2.35	(i)		(0.09	)		—
Class C		8.92		(0.01	)		—		1.03		1.02		—			—			—		—			1.02		9.94		11.44			16,737		2.36			2.35	(i)		2.35	(i)		(0.05	)		—
Class Y		9.28		0.13			—		1.06		1.19		(0.03	)		—			—		(0.03	)		1.16		10.44		12.86			473		1.16			1.16	(i)		1.16	(i)		1.27			—
For the Year Ended October 31, 2004
Class A		8.94		(0.02	)		—		0.22		0.20		—			—			—		—			0.20		9.14		2.24	(i)		67,212		1.62			1.62	(i)		1.62	(i)		(0.25	)		104
Class B		8.79		(0.10	)		—		0.23		0.13		—			—			—		—			0.13		8.92		1.48	(i)		18,610		2.36			2.35	(i)		2.35	(i)		(0.98	)		—
Class C		8.78		(0.10	)		0.01		0.23		0.14		—			—			—		—			0.14		8.92		1.59	(i)		23,901		2.28			2.28	(i)		2.28	(i)		(0.91	)		—
Class Y		9.04		0.03			—		0.21		0.24		—			—			—		—			0.24		9.28		2.65			815		1.11			1.11	(i)		1.11	(i)		0.27			—
For the Year Ended October 31, 2003
Class A		7.32		(0.02	)		—		1.64		1.62		—			—			—		—			1.62		8.94		22.13			70,002		1.76			1.65			1.65			(0.29	)		138
Class B		7.25		(0.08	)		—		1.62		1.54		—			—			—		—			1.54		8.79		21.24			21,058		2.49			2.35			2.35			(1.00	)		—
Class C		7.24		(0.08	)		—		1.62		1.54		—			—			—		—			1.54		8.78		21.27			27,158		2.36			2.35			2.35			(0.99	)		—
Class Y		7.37		0.01			—		1.66		1.67		—			—			—		—			1.67		9.04		22.66			719		1.17			1.17			1.17			0.17			—
The Hartford Global Communications Fund
For the Year Ended October 31, 2007
Class A		8.05		0.02			—		3.07		3.09		(0.13	)		(0.02	)		—		(0.15	)		2.94		10.99		39.03	(i)		29,950		1.61			1.60			1.60			0.30			102
Class B		7.81		(0.04	)		—		2.97		2.93		(0.11	)		(0.02	)		—		(0.13	)		2.80		10.61		38.02	(i)		6,161		2.49			2.30			2.30			(0.40	)		—
Class C		7.80		(0.01	)		—		2.93		2.92		(0.11	)		(0.02	)		—		(0.13	)		2.79		10.59		37.97	(i)		11,019		2.34			2.34			2.34			(0.47	)		—
Class Y		8.23		0.10			—		3.10		3.20		(0.18	)		(0.02	)		—		(0.20	)		3.00		11.23		39.58	(i)		1,006		1.11			1.11			1.11			0.88			—
For the Year Ended October 31, 2006
Class A		7.12		0.15			—		0.88		1.03		(0.10	)		—			—		(0.10	)		0.93		8.05		14.60			17,091		1.89			1.15			1.15			1.83			104
Class B		6.92		0.09			—		0.87		0.96		(0.07	)		—			—		(0.07	)		0.89		7.81		13.93			4,124		2.87			1.78			1.78			1.18			—
Class C		6.91		0.06			—		0.88		0.94		(0.05	)		—			—		(0.05	)		0.89		7.80		13.74			5,321		2.74			1.90			1.90			1.01			—
Class Y		7.27		0.17			—		0.92		1.09		(0.13	)		—			—		(0.13	)		0.96		8.23		15.14			992		1.41			0.75			0.75			2.09			—
For the Year Ended October 31, 2005
Class A		5.48		0.09			—		1.60		1.69		(0.05	)		—			—		(0.05	)		1.64		7.12		31.01			15,986		2.01			1.51			1.51			1.75			45
Class B		5.34		0.05			—		1.55		1.60		(0.02	)		—			—		(0.02	)		1.58		6.92		29.92			2,815		3.22			2.26			2.26			1.02			—
Class C		5.33		0.05			—		1.55		1.60		(0.02	)		—			—		(0.02	)		1.58		6.91		29.97			2,765		2.94			2.25			2.25			1.08			—
Class Y		5.60		0.02			—		1.73		1.75		(0.08	)		—			—		(0.08	)		1.67		7.27		31.36			638		1.36			1.06			1.06			2.10			—
For the Year Ended October 31, 2004 (h)
Class A		4.67		0.06			—		0.75		0.81		—			—			—		—			0.81		5.48		17.34			8,929		1.93			1.65			1.65			1.08			85
Class B		4.58		0.02			—		0.74		0.76		—			—			—		—			0.76		5.34		16.59			1,482		3.32			2.35			2.35			0.37			—
Class C		4.57		0.02			—		0.74		0.76		—			—			—		—			0.76		5.33		16.63			1,306		2.97			2.35			2.35			0.43			—
Class Y		4.74		0.09			—		0.77		0.86		—			—			—		—			0.86		5.60		18.14			170		1.30			1.20			1.20			1.69			—
For the Year Ended October 31, 2003
Class A		3.24		(0.01	)		—		1.44		1.43		—			—			—		—			1.43		4.67		44.14			6,419		1.95			1.65			1.65			(0.08	)		100
Class B		3.19		(0.03	)		—		1.42		1.39		—			—			—		—			1.39		4.58		43.57			1,555		2.68			2.35			2.35			(0.79	)		—
Class C		3.19		(0.03	)		—		1.41		1.38		—			—			—		—			1.38		4.57		43.26			1,305		2.55			2.35			2.35			(0.77	)		—
Class Y		3.26		0.01			—		1.47		1.48		—			—			—		—			1.48		4.74		45.40			724		1.35			1.20			1.20			0.38			—
The Hartford Global Financial Services Fund
For the Year Ended October 31, 2007
Class A		14.01		0.17			—		0.94		1.11		(0.11	)		(0.85	)		—		(0.96	)		0.15		14.16		8.42	(i)		24,420		1.61			1.60			1.60			1.31			104
Class B		13.74		0.10			—		0.90		1.00		(0.02	)		(0.85	)		—		(0.87	)		0.13		13.87		7.75	(i)		3,803		2.62			2.22			2.22			0.70			—
Class C		13.73		0.07			—		0.91		0.98		(0.04	)		(0.85	)		—		(0.89	)		0.09		13.82		7.57	(i)		5,164		2.43			2.35			2.35			0.58			—
Class Y		14.16		0.24			—		0.95		1.19		(0.15	)		(0.85	)		—		(1.00	)		0.19		14.35		8.91	(i)		1,506		1.14			1.14			1.14			1.85			—

­ ­  365  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Global Financial Services Fund — (continued)
For the Year Ended October 31, 2006
Class A	$	11.60	$	0.12		$	—	$	2.40	$	2.52	$	(0.11	)	$	—		$	—	$	(0.11	)	$	2.41	$	14.01		21.87	%	$	21,369		1.80	%		1.15	%		1.15	%		1.11	%		52	%
Class B		11.39		0.08			—		2.31		2.39		(0.04	)		—			—		(0.04	)		2.35		13.74		21.06			3,828		2.81			1.78			1.78			0.49			—
Class C		11.39		0.05			—		2.32		2.37		(0.03	)		—			—		(0.03	)		2.34		13.73		20.88			4,082		2.65			1.90			1.90			0.35			—
Class Y		11.73		0.19			—		2.40		2.59		(0.16	)		—			—		(0.16	)		2.43		14.16		22.24			942		1.34			0.75			0.75			1.52			—
For the Year Ended October 31, 2005
Class A		10.44		0.11			—		1.18		1.29		(0.13	)		—			—		(0.13	)		1.16		11.60		12.39			13,958		1.88			1.51			1.51			0.91			33
Class B		10.26		0.01			—		1.18		1.19		(0.06	)		—			—		(0.06	)		1.13		11.39		11.58			3,147		2.91			2.28			2.28			0.15			—
Class C		10.26		0.02			—		1.17		1.19		(0.06	)		—			—		(0.06	)		1.13		11.39		11.58			2,769		2.77			2.27			2.27			0.16			—
Class Y		10.55		0.12			—		1.24		1.36		(0.18	)		—			—		(0.18	)		1.18		11.73		12.91			773		1.36			1.09			1.09			1.30			—
For the Year Ended October 31, 2004 (h)
Class A		9.71		0.12			—		0.69		0.81		(0.08	)		—			—		(0.08	)		0.73		10.44		8.42			12,910		1.78			1.65			1.65			1.17			85
Class B		9.55		0.05			—		0.69		0.74		(0.03	)		—			—		(0.03	)		0.71		10.26		7.71			3,043		2.80			2.35			2.35			0.44			—
Class C		9.55		0.05			—		0.69		0.74		(0.03	)		—			—		(0.03	)		0.71		10.26		7.71			2,459		2.68			2.35			2.35			0.44			—
Class Y		9.79		0.17			—		0.71		0.88		(0.12	)		—			—		(0.12	)		0.76		10.55		9.06			642		1.27			1.20			1.20			1.54			—
For the Year Ended October 31, 2003
Class A		8.03		0.07			—		1.65		1.72		(0.04	)		—			—		(0.04	)		1.68		9.71		21.48			12,652		1.90			1.65			1.65			0.93			93
Class B		7.92		0.02			—		1.61		1.63		—			—			—		—			1.63		9.55		20.58			3,681		2.62			2.35			2.35			0.22			—
Class C		7.92		0.02			—		1.61		1.63		—			—			—		—			1.63		9.55		20.58			3,197		2.50			2.35			2.35			0.23			—
Class Y		8.10		0.13			—		1.64		1.77		(0.08	)		—			—		(0.08	)		1.69		9.79		22.01			1,580		1.31			1.20			1.20			1.38			—
The Hartford Global Growth Fund (formerly known as The Hartford Global Leaders Fund)
For the Year Ended October 31, 2007
Class A		19.35		(0.14	)		0.05		6.69		6.60		—			(0.98	)		—		(0.98	)		5.62		24.97		35.85	(i)		492,466		1.48			1.48			1.48			(0.62	)		85
Class B		18.23		(0.32	)		0.06		6.28		6.02		—			(0.98	)		—		(0.98	)		5.04		23.27		34.81	(i)		78,931		2.40			2.19			2.19			(1.33	)		—
Class C		18.31		(0.28	)		0.05		6.30		6.07		—			(0.98	)		—		(0.98	)		5.09		23.40		34.94	(i)		75,742		2.15			2.15			2.15			(1.29	)		—
Class Y		20.14		—			0.06		6.97		7.03		—			(0.98	)		—		(0.98	)		6.05		26.19		36.61	(i)		195,998		0.89			0.89			0.89			(0.01	)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		20.00		(0.14	)		—		6.16		6.02		—			—			—		—			6.02		26.02		30.10	(f)		13		1.65	(e)		1.65	(e)		1.65	(e)		(0.78	)(e)		—
Class R4		20.00		(0.09	)		—		6.18		6.09		—			—			—		—			6.09		26.09		30.45	(f)		13		1.34	(e)		1.34	(e)		1.34	(e)		(0.47	)(e)		—
Class R5		20.00		(0.03	)		—		6.18		6.15		—			—			—		—			6.15		26.15		30.75	(f)		13		1.05	(e)		1.05	(e)		1.05	(e)		(0.17	)(e)		—
For the Year Ended October 31, 2006 (h)
Class A		16.80		(0.05	)		—		2.81		2.76		(0.02	)		(0.19	)		—		(0.21	)		2.55		19.35		16.58			417,840		1.53			1.48			1.48			(0.25	)		125
Class B		15.93		(0.17	)		—		2.66		2.49		—			(0.19	)		—		(0.19	)		2.30		18.23		15.80			74,805		2.44			2.18			2.18			(0.95	)		—
Class C		16.01		(0.17	)		—		2.66		2.49		—			(0.19	)		—		(0.19	)		2.30		18.31		15.72			66,121		2.20			2.20			2.20			(0.98	)		—
Class Y		17.46		0.06			—		2.91		2.97		(0.10	)		(0.19	)		—		(0.29	)		2.68		20.14		17.25			169,270		0.93			0.93			0.93			0.31			—
For the Year Ended October 31, 2005
Class A		16.49		0.08			—		0.23		0.31		—			—			—		—			0.31		16.80		1.88			419,648		1.58			1.48			1.48			0.41			270
Class B		15.77		(0.08	)		—		0.24		0.16		—			—			—		—			0.16		15.93		1.02			78,986		2.51			2.35			2.35			(0.45	)		—
Class C		15.84		(0.06	)		—		0.23		0.17		—			—			—		—			0.17		16.01		1.07			71,623		2.25			2.25			2.25			(0.34	)		—
Class Y		17.06		0.13			—		0.27		0.40		—			—			—		—			0.40		17.46		2.34			83,896		0.97			0.97			0.97			0.87			—
For the Year Ended October 31, 2004
Class A		13.96		(0.06	)		—		2.59		2.53		—			—			—		—			2.53		16.49		18.12			466,013		1.62			1.62			1.62			(0.36	)		271
Class B		13.45		(0.17	)		—		2.49		2.32		—			—			—		—			2.32		15.77		17.25			90,179		2.52			2.35			2.35			(1.09	)		—
Class C		13.49		(0.15	)		—		2.50		2.35		—			—			—		—			2.35		15.84		17.42			87,518		2.24			2.24			2.24			(0.98	)		—
Class Y		14.34		0.03			—		2.69		2.72		—			—			—		—			2.72		17.06		18.97			58,791		0.93			0.93			0.93			0.31			—
For the Year Ended October 31, 2003
Class A		11.21		(0.03	)		—		2.78		2.75		—			—			—		—			2.75		13.96		24.53			464,610		1.62			1.61			1.61			(0.29	)		320
Class B		10.88		(0.12	)		—		2.69		2.57		—			—			—		—			2.57		13.45		23.62			78,923		2.36			2.35			2.35			(1.01	)		—
Class C		10.90		(0.11	)		—		2.70		2.59		—			—			—		—			2.59		13.49		23.76			78,303		2.23			2.23			2.23			(0.89	)		—
Class Y		11.45		0.03			—		2.86		2.89		—			—			—		—			2.89		14.34		25.24			19,043		1.00			1.00			1.00			0.28			—
The Hartford Global Health Fund
For the Year Ended October 31, 2007
Class A		17.84		(0.04	)		—		1.73		1.69		—			(0.68	)		—		(0.68	)		1.01		18.85		9.96	(i)		509,341		1.41			1.41			1.41			(0.25	)%		41
Class B		16.92		(0.20	)		—		1.63		1.43		—			(0.68	)		—		(0.68	)		0.75		17.67		8.92	(i)		82,932		2.30			2.29			2.29			(1.15	)		—
Class C		16.93		(0.15	)		—		1.61		1.46		—			(0.68	)		—		(0.68	)		0.78		17.71		9.11	(i)		137,101		2.15			2.15			2.15			(0.99	)		—
Class I		17.86		0.01			—		1.77		1.78		—			(0.68	)		—		(0.68	)		1.10		18.96		10.48	(i)		15,017		1.07			1.07			1.07			0.08			—
Class Y		18.57		0.04			—		1.81		1.85		—			(0.68	)		—		(0.68	)		1.17		19.74		10.45	(i)		213,110		0.95			0.95			0.95			0.20			—

­ ­  366  ­ ­

	— Selected Per-Share Data (a) —																													— Ratios and Supplemental Data —
																																			Ratio of			Ratio of			Ratio of
																																			Expenses			Expenses			Expenses
																																			to Average			to Average			to Average
								Net																											Net Assets			Net Assets			Net Assets
								Realized																	Net										Before			After			After			Ratio of
								and									Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total			Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from			from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Global Health Fund — (continued)
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3	$	18.27	$	(0.02	)	$	—	$	1.34		$	1.32		$	—		$	—		$	—	$	—		$	1.32		$	19.59		7.22	%(f)	$	112		1.75	%(e)		1.75	%(e)		1.75	%(e)		(0.50	)%(e)		—	%
Class R4		18.27		—			—		1.39			1.39			—			—			—		—			1.39			19.66		7.61	(f)		494		1.41	(e)		1.41	(e)		1.41	(e)		0.00	(e)		—
Class R5		18.27		—			—		1.43			1.43			—			—			—		—			1.43			19.70		7.83	(f)		434		1.14	(e)		1.14	(e)		1.14	(e)		0.00	(e)		—
For the Year Ended October 31, 2006
Class A		16.50		(0.07	)		—		2.41			2.34			—			(1.00	)		—		(1.00	)		1.34			17.84		14.96			370,285		1.61			1.60			1.60			(0.53	)		30
Class B		15.81		(0.20	)		—		2.31			2.11			—			(1.00	)		—		(1.00	)		1.11			16.92		14.10			80,574		2.45			2.32			2.32			(1.27	)		—
Class C		15.81		(0.18	)		—		2.30			2.12			—			(1.00	)		—		(1.00	)		1.12			16.93		14.17			97,956		2.31			2.31			2.31			(1.25	)		—
Class Y		17.05		(0.01	)		—		2.53			2.52			—			(1.00	)		—		(1.00	)		1.52			18.57		15.56			192,814		1.08			1.08			1.08			(0.03	)		—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		17.34		—			—		0.52			0.52			—			—			—		—			0.52			17.86		3.00	(f)		785		1.26	(e)		1.15	(e)		1.15	(e)		(0.20	)(e)		—
For the Year Ended October 31, 2005
Class A		15.00		(0.08	)		—		2.35			2.27			—			(0.77	)		—		(0.77	)		1.50			16.50		15.67			209,835		1.71	%		1.60	%		1.60	%		(0.55	)%		50
Class B		14.50		(0.20	)		—		2.28			2.08			—			(0.77	)		—		(0.77	)		1.31			15.81		14.86			71,204		2.52			2.35			2.35			(1.30	)		—
Class C		14.51		(0.19	)		—		2.26			2.07			—			(0.77	)		—		(0.77	)		1.30			15.81		14.78			72,546		2.36			2.35			2.35			(1.30	)		—
Class Y		15.41		(0.01	)		—		2.42			2.41			—			(0.77	)		—		(0.77	)		1.64			17.05		16.19			169,698		1.08			1.08			1.08			(0.12	)		—
For the Year Ended October 31, 2004
Class A		13.80		(0.10	)		—		1.36			1.26			—			(0.06	)		—		(0.06	)		1.20			15.00		9.21			170,672		1.81			1.65			1.65			(0.68	)		41
Class B		13.43		(0.20	)		—		1.33			1.13			—			(0.06	)		—		(0.06	)		1.07			14.50		8.49			66,035		2.55			2.35			2.35			(1.38	)		—
Class C		13.44		(0.20	)		—		1.33			1.13			—			(0.06	)		—		(0.06	)		1.07			14.51		8.49			61,390		2.37			2.35			2.35			(1.38	)		—
Class Y		14.09		(0.02	)		—		1.40			1.38			—			(0.06	)		—		(0.06	)		1.32			15.41		9.88			1,299		1.12			1.12			1.12			(0.14	)		—
For the Year Ended October 31, 2003
Class A		11.42		(0.07	)		—		2.75			2.68			—			(0.30	)		—		(0.30	)		2.38			13.80		24.02			126,630		1.76			1.65			1.65			(0.62	)		37
Class B		11.20		(0.15	)		—		2.68			2.53			—			(0.30	)		—		(0.30	)		2.23			13.43		23.13			56,378		2.49			2.35			2.35			(1.31	)		—
Class C		11.21		(0.15	)		—		2.68			2.53			—			(0.30	)		—		(0.30	)		2.23			13.44		23.11			51,606		2.36			2.35			2.35			(1.31	)		—
Class Y		11.61		(0.02	)		—		2.80			2.78			—			(0.30	)		—		(0.30	)		2.48			14.09		24.50			1,095		1.19			1.19			1.19			(0.15	)		—
The Hartford Global Technology Fund
For the Year Ended October 31, 2007
Class A		5.67		(0.05	)		—		1.61			1.56			—			—			—		—			1.56			7.23		27.51	(i)		46,765		1.84			1.44			1.44			(0.87	)		146
Class B		5.41		(0.09	)		—		1.53			1.44			—			—			—		—			1.44			6.85		26.62	(i)		14,552		2.74			2.05			2.05			(1.47	)		—
Class C		5.40		(0.10	)		—		1.52			1.42			—			—			—		—			1.42			6.82		26.30	(i)		15,462		2.47			2.31			2.31			(1.75	)		—
Class Y		5.82		(0.03	)		—		1.66			1.63			—			—			—		—			1.63			7.45		28.01	(i)		2,710		1.10			1.10			1.10			(0.53	)		—
For the Year Ended October 31, 2006
Class A		4.97		(0.04	)		—		0.74			0.70			—			—			—		—			0.70			5.67		14.08			33,424		2.10			1.36			1.36			(0.78	)		144
Class B		4.77		(0.08	)		—		0.72			0.64			—			—			—		—			0.64			5.41		13.42			12,729		2.96			1.99			1.99			(1.41	)		—
Class C		4.77		(0.09	)		—		0.72			0.63			—			—			—		—			0.63			5.40		13.21			11,521		2.71			2.24			2.24			(1.67	)		—
Class Y		5.09		(0.03	)		—		0.76			0.73			—			—			—		—			0.73			5.82		14.34			1,137		1.26			1.20			1.20			(0.62	)		—
For the Year Ended October 31, 2005
Class A		4.42		—			—		0.55			0.55			—			—			—		—			0.55			4.97		12.44			27,620		2.22			1.60			1.60			—			132
Class B		4.28		(0.04	)		—		0.53			0.49			—			—			—		—			0.49			4.77		11.45			12,409		3.05			2.35			2.35			(0.79	)		—
Class C		4.28		(0.04	)		—		0.53			0.49			—			—			—		—			0.49			4.77		11.45			10,712		2.75			2.35			2.35			(0.65	)		—
Class Y		4.51		0.03			—		0.55			0.58			—			—			—		—			0.58			5.09		12.86			938		1.22			1.20			1.20			0.58			—
For the Year Ended October 31, 2004
Class A		4.68		(0.07	)		—		(0.19	)		(0.26	)		—			—			—		—			(0.26	)		4.42		(5.56	)		31,418		2.14			1.65			1.65			(1.37	)		165
Class B		4.56		(0.10	)		—		(0.18	)		(0.28	)		—			—			—		—			(0.28	)		4.28		(6.14	)		12,978		2.96			2.35			2.35			(2.07	)		—
Class C		4.56		(0.11	)		—		(0.17	)		(0.28	)		—			—			—		—			(0.28	)		4.28		(6.14	)		13,891		2.62			2.35			2.35			(2.07	)		—
Class Y		4.75		(0.04	)		—		(0.20	)		(0.24	)		—			—			—		—			(0.24	)		4.51		(5.05	)		1,186		1.15			1.15			1.15			(0.85	)		—
For the Year Ended October 31, 2003
Class A		2.98		(0.04	)		—		1.74			1.70			—			—			—		—			1.70			4.68		57.05			32,388		1.77			1.65			1.65			(1.28	)		163
Class B		2.92		(0.06	)		—		1.70			1.64			—			—			—		—			1.64			4.56		56.16			13,991		2.50			2.35			2.35			(1.98	)		—
Class C		2.92		(0.06	)		—		1.70			1.64			—			—			—		—			1.64			4.56		56.16			16,513		2.37			2.35			2.35			(1.99	)		—
Class Y		3.01		(0.03	)		—		1.77			1.74			—			—			—		—			1.74			4.75		57.81			886		1.18			1.18			1.18			(0.82	)		—
The Hartford Growth Allocation Fund (g)(p)
For the Year Ended October 31, 2007
Class A		12.66		0.14			—		2.23			2.37			(0.24	)		(0.28	)		—		(0.52	)		1.85			14.51		19.35			503,345		0.60			0.60			0.60			0.93			39
Class B		12.57		0.04			—		2.21			2.25			(0.17	)		(0.28	)		—		(0.45	)		1.80			14.37		18.40			143,140		1.41			1.32			1.32			0.22			—
Class C		12.57		0.05			—		2.20			2.25			(0.17	)		(0.28	)		—		(0.45	)		1.80			14.37		18.44			238,997		1.34			1.31			1.31			0.25			—
Class I		12.67		0.26			—		2.14			2.40			(0.30	)		(0.28	)		—		(0.58	)		1.82			14.49		19.71			804		0.23			0.23			0.23			0.58			—

­ ­  367  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Growth Allocation Fund (g)(p) — (continued)
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3	$	12.59	$	(0.02	)	$	—	$	1.89	$	1.87	$	—		$	—		$	—	$	—		$	1.87	$	14.46		14.85	%(f)	$	53		0.95	%(e)		0.93	%(e)		0.93	%(e)		(0.26	)%(e)		—	%
Class R4		12.59		—			—		1.92		1.92		—			—			—		—			1.92		14.51		15.25	(f)		325		0.66	(e)		0.65	(e)		0.65	(e)		(0.01	)(e)		—
Class R5		12.59		—			—		1.95		1.95		—			—			—		—			1.95		14.54		15.49	(f)		782		0.38	(e)		0.38	(e)		0.38	(e)		0.25	(e)		—
For the Year Ended October 31, 2006
Class A		11.27		0.07			—		1.46		1.53		(0.13	)		(0.01	)		—		(0.14	)		1.39		12.66		13.64			370,088		0.69			0.67			0.67			0.49			13
Class B		11.19		0.03			—		1.42		1.45		(0.06	)		(0.01	)		—		(0.07	)		1.38		12.57		12.96			107,818		1.51			1.32			1.32			(0.15	)		—
Class C		11.19		0.03			—		1.42		1.45		(0.06	)		(0.01	)		—		(0.07	)		1.38		12.57		12.96			181,434		1.44			1.32			1.32			(0.16	)		—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		12.16		(0.01	)		—		0.52		0.51		—			—			—		—			0.51		12.67		4.19	(f)		10		0.66	(e)		0.42	(e)		0.42	(e)		0.16	(e)		—
For the Year Ended October 31, 2005
Class A		10.36		0.05			—		0.89		0.94		(0.03	)		—			—		(0.03	)		0.91		11.27		9.12			205,331		0.72			0.64			0.64			0.42			1
Class B		10.34		(0.01	)		—		0.87		0.86		(0.01	)		—			—		(0.01	)		0.85		11.19		8.37			65,739		1.53			1.29			1.29			(0.23	)		—
Class C		10.33		(0.01	)		—		0.88		0.87		(0.01	)		—			—		(0.01	)		0.86		11.19		8.47			100,339		1.47			1.29			1.29			(0.23	)		—
From (commencement of operations) May 28, 2004, through October 31, 2004
Class A		10.00		—			—		0.36		0.36		—			—			—		—			0.36		10.36		3.60	(f)		43,279		0.72	(e)		0.63	(e)		0.63	(e)		0.13	(e)		—
Class B		10.00		(0.01	)		—		0.35		0.34		—			—			—		—			0.34		10.34		3.40	(f)		14,177		1.52	(e)		1.28	(e)		1.28	(e)		(0.53	)(e)		—
Class C		10.00		(0.01	)		—		0.34		0.33		—			—			—		—			0.33		10.33		3.30	(f)		21,221		1.44	(e)		1.28	(e)		1.28	(e)		(0.52	)(e)		—
The Hartford Growth Fund
For the Year Ended October 31, 2007
Class A		18.45		(0.07	)		—		4.17		4.10		—			(1.30	)		—		(1.30	)		2.80		21.25		23.92	(i)		627,677		1.27			1.27			1.27			(0.35	)		89
Class B		16.25		(0.21	)		—		3.65		3.44		—			(1.30	)		—		(1.30	)		2.14		18.39		23.02	(i)		41,359		2.22			2.09			2.09			(1.17	)		—
Class C		16.29		(0.19	)		—		3.65		3.46		—			(1.30	)		—		(1.30	)		2.16		18.45		23.10	(i)		85,303		1.98			1.98			1.98			(1.06	)		—
Class I		18.46		—			—		4.18		4.18		—			(1.30	)		—		(1.30	)		2.88		21.34		24.37	(i)		35,626		0.91			0.91			0.91			0.02			—
Class L (k)		18.69		(0.05	)		—		4.26		4.21		—			(1.30	)		—		(1.30	)		2.91		21.60		24.22	(i)		323,581		1.06			1.05			1.05			(0.27	)		—
Class Y		18.89		0.02			—		4.29		4.31		—			(1.30	)		—		(1.30	)		3.01		21.90		24.52	(i)		103,251		0.81			0.81			0.81			0.10			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		18.15		(0.08	)		—		3.69		3.61		—			—			—		—			3.61		21.76		19.89	(f)		16		1.56	(e)		1.56	(e)		1.56	(e)		(0.67	)(e)		—
Class R4		18.15		(0.01	)		—		3.68		3.67		—			—			—		—			3.67		21.82		20.22	(f)		282		1.17	(e)		1.17	(e)		1.17	(e)		(0.28	)(e)		—
Class R5		18.15		—			—		3.72		3.72		—			—			—		—			3.72		21.87		20.50	(f)		63		0.90	(e)		0.90	(e)		0.90	(e)		(0.01	)(e)		—
For the Year Ended October 31, 2006
Class A		17.32		(0.07	)		—		1.20		1.13		—			—			—		—			1.13		18.45		6.52			707,000		1.34			1.33			1.33			(0.38	)		92
Class B		15.38		(0.20	)		—		1.07		0.87		—			—			—		—			0.87		16.25		5.66			44,064		2.22			2.09			2.09			(1.14	)		—
Class C		15.40		(0.18	)		—		1.07		0.89		—			—			—		—			0.89		16.29		5.78			85,469		2.02			2.02			2.02			(1.07	)		—
Class L		17.50		(0.02	)		—		1.21		1.19		—			—			—		—			1.19		18.69		6.80			274,890		1.05			1.05			1.05			(0.10	)		—
Class Y		17.65		0.01			—		1.23		1.24		—			—			—		—			1.24		18.89		7.03			130,594		0.83			0.83			0.83			0.08			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		17.64		—			—		0.82		0.82		—			—			—		—			0.82		18.46		4.65	(f)		1,961		0.96	(e)		0.96	(e)		0.96	(e)		(0.52	)(e)		—
For the Year Ended October 31, 2005
Class A		16.19		(0.04	)		—		1.17		1.13		—			—			—		—			1.13		17.32		6.98			635,057		1.40			1.33			1.33			(0.30	)		77
Class B		14.49		(0.15	)		—		1.04		0.89		—			—			—		—			0.89		15.38		6.14			46,251		2.27			2.15			2.15			(1.09	)		—
Class C		14.50		(0.13	)		—		1.03		0.90		—			—			—		—			0.90		15.40		6.21			82,481		2.05			2.05			2.05			(1.01	)		—
Class L		16.32		0.01			—		1.17		1.18		—			—			—		—			1.18		17.50		7.23			295,731		1.06			1.06			1.06			0.05			—
Class Y		16.42		0.01			—		1.22		1.23		—			—			—		—			1.23		17.65		7.49			52,992		0.85			0.85			0.85			0.10			—
For the Year Ended October 31, 2004
Class A		15.19		(0.08	)		—		1.08		1.00		—			—			—		—			1.00		16.19		6.58			384,160		1.55			1.45			1.45			(0.84	)		66
Class B		13.70		(0.15	)		—		0.94		0.79		—			—			—		—			0.79		14.49		5.77			32,440		2.33			2.15			2.15			(1.54	)		—
Class C		13.70		(0.12	)		—		0.92		0.80		—			—			—		—			0.80		14.50		5.84			47,575		2.07			2.07			2.07			(1.45	)		—
Class L		15.26		(0.08	)		—		1.14		1.06		—			—			—		—			1.06		16.32		6.95			310,084		1.08			1.08			1.08			(0.48	)		—
Class Y		15.31		—			—		1.11		1.11		—			—			—		—			1.11		16.42		7.25			11,926		0.87			0.87			0.87			(0.18	)		—
For the Year Ended October 31, 2003
Class A		11.90		(0.03	)		—		3.32		3.29		—			—			—		—			3.29		15.19		27.65			72,186		1.52			1.45			1.45			(0.65	)		129
Class B		10.80		(0.07	)		—		2.97		2.90		—			—			—		—			2.90		13.70		26.85			11,552		2.26			2.12			2.12			(1.35	)		—
Class C		10.80		(0.07	)		—		2.97		2.90		—			—			—		—			2.90		13.70		26.85			11,896		2.15			2.15			2.15			(1.36	)		—
Class L		11.91		(0.05	)		—		3.40		3.35		—			—			—		—			3.35		15.26		28.13			316,451		1.15			1.15			1.15			(0.34	)		—
Class Y		11.94		(0.03	)		—		3.40		3.37		—			—			—		—			3.37		15.31		28.22			1		0.96			0.96			0.96			(0.17	)		—

­ ­  368  ­ ­

	— Selected Per-Share Data (a) —																													— Ratios and Supplemental Data —
																																			Ratio of			Ratio of			Ratio of
																																			Expenses			Expenses			Expenses
																																			to Average			to Average			to Average
								Net																											Net Assets			Net Assets			Net Assets
								Realized																	Net										Before			After			After			Ratio of
								and									Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total			Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from			from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Growth Opportunities Fund
For the Year Ended October 31, 2007
Class A	$	29.33	$	(0.03	)	$	0.01	$	11.05		$	11.03		$	—		$	(2.12	)	$	—	$	(2.12	)	$	8.91		$	38.24		40.39	%(i)	$	989,969		1.42	%		1.31	%		1.31	%		(0.12	)%		120	%
Class B		25.23		(0.20	)		0.01		9.31			9.12			—			(2.12	)		—		(2.12	)		7.00			32.23		39.29	(i)		56,396		2.18			2.11			2.11			(0.88	)		—
Class C		25.24		(0.10	)		—		9.25			9.15			—			(2.12	)		—		(2.12	)		7.03			32.27		39.40	(i)		201,274		1.98			1.98			1.98			(0.82	)		—
Class I		29.34		0.01			—		11.16			11.17			—			(2.12	)		—		(2.12	)		9.05			38.39		40.89	(i)		40,678		0.86			0.86			0.86			0.09			—
Class L (l)		29.73		0.04			0.01		11.25			11.30			—			(2.12	)		—		(2.12	)		9.18			38.91		40.77	(i)		789,757		1.05			1.04			1.04			0.12			—
Class Y (l)		30.04		0.15			0.01		11.35			11.51			—			(2.12	)		—		(2.12	)		9.39			39.43		41.07	(i)		138,065		0.80			0.80			0.80			0.53			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		29.39		(0.08	)		—		9.87			9.79			—			—			—		—			9.79			39.18		33.31	(f)		323		1.58	(e)		1.58	(e)		1.58	(e)		(0.69	)(e)		—
Class R4		29.39		(0.01	)		—		9.95			9.94			—			—			—		—			9.94			39.33		33.82	(f)		3,402		1.23	(e)		1.23	(e)		1.23	(e)		(0.18	)(e)		—
Class R5		29.39		—			—		10.00			10.00			—			—			—		—			10.00			39.39		34.03	(f)		81		0.92	(e)		0.92	(e)		0.92	(e)		0.01	(e)		—
For the Year Ended October 31, 2006
Class A		27.84		(0.07	)		—		3.59			3.52			—			(2.03	)		—		(2.03	)		1.49			29.33		13.35			420,220		1.60			1.20			1.20			(0.31	)%		131
Class B		24.42		(0.25	)		—		3.09			2.84			—			(2.03	)		—		(2.03	)		0.81			25.23		12.36			33,670		2.26			2.08			2.08			(1.18	)		—
Class C		24.42		(0.23	)		—		3.08			2.85			—			(2.03	)		—		(2.03	)		0.82			25.24		12.40			47,366		2.09			2.07			2.07			(1.17	)		—
Class L		28.17		(0.06	)		—		3.65			3.59			—			(2.03	)		—		(2.03	)		1.56			29.73		13.45			570,541		1.07			1.07			1.07			(0.18	)		—
Class Y		28.37		0.02			—		3.68			3.70			—			(2.03	)		—		(2.03	)		1.67			30.04		13.76			73,685		0.85			0.83			0.83			0.08			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		27.95		(0.01	)		—		1.40			1.39			—			—			—		—			1.39			29.34		4.97	(f)		74		1.15	(e)		1.11	(e)		1.11	(e)		(0.43	)(e)		—
For the Year Ended October 31, 2005
Class A		23.49		(0.06	)		—		4.41			4.35			—			—			—		—			4.35			27.84		18.52			222,682		1.54			1.36			1.36			(0.45	)		156
Class B		20.77		(0.25	)		—		3.90			3.65			—			—			—		—			3.65			24.42		17.57			20,002		2.39			2.15			2.15			(1.27	)		—
Class C		20.77		(0.25	)		—		3.90			3.65			—			—			—		—			3.65			24.42		17.57			18,842		2.13			2.13			2.13			(1.26	)		—
Class L		23.71		(0.06	)		—		4.52			4.46			—			—			—		—			4.46			28.17		18.81			556,462		1.09			1.09			1.09			(0.22	)		—
Class Y		23.82		—			—		4.55			4.55			—			—			—		—			4.55			28.37		19.10			28,441		0.88			0.88			0.88			—			—
For the Year Ended October 31, 2004
Class A		21.25		(0.17	)		—		2.41			2.24			—			—			—		—			2.24			23.49		10.54			54,652		1.52			1.45			1.45			(0.94	)		130
Class B		18.91		(0.26	)		—		2.12			1.86			—			—			—		—			1.86			20.77		9.84			11,518		2.45			2.14			2.14			(1.64	)		—
Class C		18.91		(0.28	)		—		2.14			1.86			—			—			—		—			1.86			20.77		9.84			11,899		2.11			2.11			2.11			(1.61	)		—
Class L		21.36		(0.14	)		—		2.49			2.35			—			—			—		—			2.35			23.71		11.00			518,009		1.08			1.08			1.08			(0.58	)		—
Class Y		21.42		(0.01	)		—		2.41			2.40			—			—			—		—			2.40			23.82		11.20			4,792		0.82			0.82			0.82			(0.33	)		—
For the Year Ended October 31, 2003
Class A		15.31		(0.07	)		—		6.01			5.94			—			—			—		—			5.94			21.25		38.80			17,149		1.49			1.45			1.45			(0.88	)		158
Class B		13.71		(0.12	)		—		5.32			5.20			—			—			—		—			5.20			18.91		37.93			4,470		2.22			2.15			2.15			(1.58	)		—
Class C		13.70		(0.09	)		—		5.30			5.21			—			—			—		—			5.21			18.91		38.03			5,238		2.10			2.10			2.10			(1.54	)		—
Class L		15.33		(0.10	)		—		6.13			6.03			—			—			—		—			6.03			21.36		39.34			517,892		1.10			1.10			1.10			(0.56	)		—
Class Y		15.35		(0.07	)		—		6.14			6.07			—			—			—		—			6.07			21.42		39.54			1		0.91			0.91			0.91			(0.38	)		—
The Hartford High Yield Fund
For the Year Ended October 31, 2007
Class A		7.93		0.58			—		(0.01	)		0.57			(0.58	)		—			—		(0.58	)		(0.01	)		7.92		7.36			171,505		1.36			1.15			1.15			7.26			145
Class B		7.92		0.52			—		(0.01	)		0.51			(0.52	)		—			—		(0.52	)		(0.01	)		7.91		6.56			31,591		2.17			1.90			1.90			6.51			—
Class C		7.92		0.53			—		(0.01	)		0.52			(0.53	)		—			—		(0.53	)		(0.01	)		7.91		6.63			35,066		2.03			1.83			1.83			6.58			—
Class Y		7.92		0.71			—		(0.09	)		0.62			(0.61	)		—			—		(0.61	)		0.01			7.93		7.96			4,897		0.87			0.67			0.67			7.62			—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		8.25		0.26			—		(0.33	)		(0.07	)		(0.25	)		—			—		(0.25	)		(0.32	)		7.93		(0.76	)(i)		149		0.95	(e)		0.75	(e)		0.75	(e)		8.07	(e)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		8.04		0.48			—		(0.13	)		0.35			(0.46	)		—			—		(0.46	)		(0.11	)		7.93		4.49	(f)		10		1.66	(e)		1.40	(e)		1.40	(e)		6.99	(e)		—
Class R4		8.04		0.50			—		(0.13	)		0.37			(0.48	)		—			—		(0.48	)		(0.11	)		7.93		4.75	(f)		10		1.34	(e)		1.10	(e)		1.10	(e)		7.29	(e)		—
Class R5		8.04		0.52			—		(0.13	)		0.39			(0.50	)		—			—		(0.50	)		(0.11	)		7.93		4.96	(f)		11		1.06	(e)		0.85	(e)		0.85	(e)		7.54	(e)		—
For the Year Ended October 31, 2006
Class A		7.76		0.54			—		0.18			0.72			(0.55	)		—			—		(0.55	)		0.17			7.93		9.57			190,479		1.36			1.20			1.20			6.87			147
Class B		7.74		0.48			—		0.19			0.67			(0.49	)		—			—		(0.49	)		0.18			7.92		8.90			37,189		2.17			1.95			1.95			6.10			—
Class C		7.75		0.49			—		0.17			0.66			(0.49	)		—			—		(0.49	)		0.17			7.92		8.84			39,991		2.04			1.89			1.89			6.15			—
Class Y		7.75		0.58			—		0.17			0.75			(0.58	)		—			—		(0.58	)		0.17			7.92		10.11			24,374		0.88			0.73			0.73			7.33			—
For the Year Ended October 31, 2005
Class A		8.18		0.48			—		(0.40	)		0.08			(0.50	)		—			—		(0.50	)		(0.42	)		7.76		0.97			188,599		1.33			1.33			1.33			5.86			113
Class B		8.17		0.42			—		(0.41	)		0.01			(0.44	)		—			—		(0.44	)		(0.43	)		7.74		0.08			47,071		2.12			2.10			2.10			5.09			—
Class C		8.17		0.42			—		(0.39	)		0.03			(0.45	)		—			—		(0.45	)		(0.42	)		7.75		0.30			50,945		2.00			2.00			2.00			5.18			—
Class Y		8.17		0.52			—		(0.40	)		0.12			(0.54	)		—			—		(0.54	)		(0.42	)		7.75		1.43			25,974		0.87			0.87			0.87			6.40			—

­ ­  369  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																												— Ratios and Supplemental Data —
																																		Ratio of			Ratio of			Ratio of
																																		Expenses			Expenses			Expenses
																																		to Average			to Average			to Average
							Net																											Net Assets			Net Assets			Net Assets
							Realized																	Net										Before			After			After			Ratio of
							and									Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net		Payments		Unrealized			Total			Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment		from		Gain			from			from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income		(to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford High Yield Fund — (continued)
For the Year Ended October 31, 2004 (h)
Class A	$	7.94	$	0.48	$	—	$	0.23		$	0.71		$	(0.47	)	$	—		$	—	$	(0.47	)	$	0.24		$	8.18		9.26	%(i)	$	247,364		1.35	%		1.35	%		1.35	%		6.03	%		86	%
Class B		7.93		0.43		—		0.22			0.65			(0.41	)		—			—		(0.41	)		0.24			8.17		8.45	(i)		63,972		2.07			2.07			2.07			5.32			—
Class C		7.93		0.43		0.01		0.22			0.66			(0.42	)		—			—		(0.42	)		0.24			8.17		8.54	(i)		71,673		1.98			1.98			1.98			5.40			—
Class Y		7.94		0.39		—		0.36			0.75			(0.52	)		—			—		(0.52	)		0.23			8.17		9.72			16,410		0.84			0.84			0.84			6.13			—
For the Year Ended October 31, 2003 (h)
Class A		6.73		0.60		—		1.26			1.86			(0.65	)		—			—		(0.65	)		1.21			7.94		28.69			213,377		1.49			1.40			1.40			7.98			54
Class B		6.72		0.57		—		1.24			1.81			(0.60	)		—			—		(0.60	)		1.21			7.93		27.83			72,293		2.23			2.10			2.10			7.39			—
Class C		6.72		0.55		—		1.26			1.81			(0.60	)		—			—		(0.60	)		1.21			7.93		27.84			77,968		2.10			2.10			2.10			7.31			—
Class Y		6.73		0.65		—		1.24			1.89			(0.68	)		—			—		(0.68	)		1.21			7.94		29.27			1		1.69			0.95			0.95			8.70			—
The Hartford High Yield Municipal Bond Fund (m)
From (date shares became available to the public) May 31, 2007, through October 31, 2007
Class A		10.00		0.20		—		(0.54	)		(0.34	)		(0.20	)		—			—		(0.20	)		(0.54	)		9.46		(3.41	)(f)		46,261		1.03	(e)		0.25	(e)		0.25	(e)		4.83	(e)		23
Class B		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—			—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		1,333		1.82	(e)		1.00	(e)		1.00	(e)		4.05	(e)		—
Class C		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—			—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		11,236		1.81	(e)		1.00	(e)		1.00	(e)		4.19	(e)		—
Class I		10.00		0.21		—		(0.53	)		(0.32	)		(0.21	)		—			—		(0.21	)		(0.53	)		9.47		(3.21	)(f)		6,879		0.80	(e)		—	(e)		—	(e)		5.22	(e)		—
The Hartford Income Allocation Fund (g)
For the Year Ended October 31, 2007
Class A		9.89		0.44		—		(0.02	)		0.42			(0.44	)		—			—		(0.44	)		(0.02	)		9.87		4.37			34,347		0.78			0.57			0.57			4.59			35
Class B		9.88		0.38		—		(0.03	)		0.35			(0.37	)		—			—		(0.37	)		(0.02	)		9.86		3.64			5,754		1.58			1.27			1.27			3.83			—
Class C		9.88		0.38		—		(0.03	)		0.35			(0.37	)		—			—		(0.37	)		(0.02	)		9.86		3.64			8,697		1.55			1.27			1.27			3.84			—
Class I		9.89		0.44		—		0.01			0.45			(0.47	)		—			—		(0.47	)		(0.02	)		9.87		4.66			1,122		0.49			0.32			0.32			5.12			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		9.91		0.35		—		(0.04	)		0.31			(0.35	)		—			—		(0.35	)		(0.04	)		9.87		3.20	(f)		10		1.18	(e)		0.96	(e)		0.96	(e)		4.19	(e)		—
Class R4		9.91		0.38		—		(0.05	)		0.33			(0.38	)		—			—		(0.38	)		(0.05	)		9.86		3.39	(f)		96		0.84	(e)		0.66	(e)		0.66	(e)		4.56	(e)		—
Class R5		9.91		0.41		—		(0.05	)		0.36			(0.40	)		—			—		(0.40	)		(0.04	)		9.87		3.72	(f)		10		0.58	(e)		0.36	(e)		0.36	(e)		4.79	(e)		—
For the Year Ended October 31, 2006
Class A		9.89		0.42		—		0.03			0.45			(0.43	)		(0.02	)		—		(0.45	)		—			9.89		4.64			25,383		0.80			0.61			0.61			4.32			38
Class B		9.88		0.35		—		0.03			0.38			(0.36	)		(0.02	)		—		(0.38	)		—			9.88		3.91			5,516		1.59			1.31			1.31			3.56			—
Class C		9.88		0.35		—		0.03			0.38			(0.36	)		(0.02	)		—		(0.38	)		—			9.88		3.91			8,042		1.53			1.31			1.31			3.53			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		9.84		0.06		—		0.05			0.11			(0.06	)		—			—		(0.06	)		0.05			9.89		1.17	(f)		10		0.90	(e)		0.37	(e)		0.37	(e)		4.27	(e)		—
For the Year Ended October 31, 2005
Class A		10.15		0.36		—		(0.26	)		0.10			(0.36	)		—			—		(0.36	)		(0.26	)		9.89		1.01			19,445		0.76			0.56			0.56			3.75			30
Class B		10.14		0.29		—		(0.26	)		0.03			(0.29	)		—			—		(0.29	)		(0.26	)		9.88		0.29			4,778		1.56			1.26			1.26			3.09			—
Class C		10.14		0.30		—		(0.27	)		0.03			(0.29	)		—			—		(0.29	)		(0.26	)		9.88		0.30			7,711		1.51			1.26			1.26			3.04			—
From (commencement of operations) May 28, 2004, through October 31, 2004
Class A		10.00		0.09		—		0.15			0.24			(0.09	)		—			—		(0.09	)		0.15			10.15		2.42	(f)		10,539		0.73	(e)		0.56	(e)		0.56	(e)		3.21	(e)		3
Class B		10.00		0.07		—		0.14			0.21			(0.07	)		—			—		(0.07	)		0.14			10.14		2.08	(f)		1,690		1.63	(e)		1.26	(e)		1.26	(e)		2.56	(e)		—
Class C		10.00		0.07		—		0.14			0.21			(0.07	)		—			—		(0.07	)		0.14			10.14		2.08	(f)		4,880		1.48	(e)		1.26	(e)		1.26	(e)		2.59	(e)		—
The Hartford Income Fund
For the Year Ended October 31, 2007
Class A		10.33		0.57		—		(0.19	)		0.38			(0.57	)		—			—		(0.57	)		(0.19	)		10.14		3.77			98,047		1.08			0.95			0.95			5.72			147
Class B		10.33		0.50		—		(0.20	)		0.30			(0.49	)		—			—		(0.49	)		(0.19	)		10.14		3.00			9,837		1.95			1.70			1.70			4.92			—
Class C		10.35		0.50		—		(0.19	)		0.31			(0.50	)		—			—		(0.50	)		(0.19	)		10.16		3.01			14,263		1.82			1.70			1.70			4.92			—
Class Y		10.32		0.60		—		(0.20	)		0.40			(0.60	)		—			—		(0.60	)		(0.20	)		10.12		3.97			213,417		0.68			0.68			0.68			5.95			—
For the Year Ended October 31, 2006
Class A		10.24		0.54		—		0.08			0.62			(0.53	)		—			—		(0.53	)		0.09			10.33		6.24			37,168		1.21			0.95			0.95			5.35			175
Class B		10.24		0.46		—		0.08			0.54			(0.45	)		—			—		(0.45	)		0.09			10.33		5.45			7,224		2.06			1.70			1.70			4.60			—
Class C		10.26		0.46		—		0.08			0.54			(0.45	)		—			—		(0.45	)		0.09			10.35		5.44			8,101		1.96			1.70			1.70			4.61			—
Class Y		10.24		0.56		—		0.08			0.64			(0.56	)		—			—		(0.56	)		0.08			10.32		6.41			60,690		0.78			0.70			0.70			5.63			—
For the Year Ended October 31, 2005
Class A		10.72		0.51		—		(0.44	)		0.07			(0.51	)		(0.04	)		—		(0.55	)		(0.48	)		10.24		0.70			28,942		1.20			0.95			0.95			4.80			188
Class B		10.72		0.43		—		(0.43	)		—			(0.44	)		(0.04	)		—		(0.48	)		(0.48	)		10.24		(0.04	)		5,973		2.06			1.70			1.70			4.05			—
Class C		10.74		0.43		—		(0.43	)		—			(0.44	)		(0.04	)		—		(0.48	)		(0.48	)		10.26		(0.03	)		5,142		1.96			1.70			1.70			4.05			—
Class Y		10.72		0.52		—		(0.42	)		0.10			(0.54	)		(0.04	)		—		(0.58	)		(0.48	)		10.24		0.98			16,431		0.79			0.70			0.70			5.16			—
For the Year Ended October 31, 2004
Class A		10.53		0.48		—		0.22			0.70			(0.51	)		—			—		(0.51	)		0.19			10.72		6.85			29,580		1.14			1.00			1.00			4.60			167
Class B		10.53		0.42		—		0.21			0.63			(0.44	)		—			—		(0.44	)		0.19			10.72		6.10			5,541		1.95			1.70			1.70			3.90			—
Class C		10.55		0.41		—		0.22			0.63			(0.44	)		—			—		(0.44	)		0.19			10.74		6.09			5,562		1.88			1.70			1.70			3.90			—

­ ­  370  ­ ­

	— Selected Per-Share Data (a) —																												— Ratios and Supplemental Data —
																																			Ratio of			Ratio of			Ratio of
																																			Expenses			Expenses			Expenses
																																			to Average			to Average			to Average
								Net																											Net Assets			Net Assets			Net Assets
								Realized																Net											Before			After			After			Ratio of
								and								Distributions								Increase											Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total		Dividends			from								(Decrease)			Net Asset					Net Assets			Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from		from Net			Realized			Distributions					in Net			Value at					at End of			and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment		Investment			Capital			from		Total			Asset			End		Total			Period			Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations		Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)			Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Income Fund — (continued)
From inception November 28, 2003, through October 31, 2004
Class Y	$	10.54	$	0.48		$	—	$	0.20		$	0.68	$	(0.50	)	$	—		$	—	$	(0.50	)	$	0.18		$	10.72		6.57	%(f)	$	10			0.73	%(e)		0.70	%(e)		0.70	%(e)		4.89	%(e)		—	%
The Hartford Inflation Plus Fund
For the Year Ended October 31, 2007
Class A		10.44		0.39			—		0.21			0.60		(0.38	)		—			—		(0.38	)		0.22			10.66		5.86			184,558			1.22			1.03			0.85			3.09			608
Class B		10.45		0.29			—		0.23			0.52		(0.33	)		—			—		(0.33	)		0.19			10.64		5.05			68,593			2.01			1.78			1.60			2.51			—
Class C		10.44		0.29			—		0.23			0.52		(0.33	)		—			—		(0.33	)		0.19			10.63		5.05			159,067			1.97			1.78			1.60			2.31			—
Class I		10.44		0.31			—		0.32			0.63		(0.39	)		—			—		(0.39	)		0.24			10.68		6.22			3,501			0.71			0.61			0.58			2.85			—
Class Y		10.45		0.38			—		0.26			0.64		(0.40	)		—			—		(0.40	)		0.24			10.69		6.23			164,155			0.82			0.72			0.56			3.71			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.41		0.39			—		0.22			0.61		(0.35	)		—			—		(0.35	)		0.26			10.67		5.98	(f)		10			1.59	(e)		1.40	(e)		1.23	(e)		4.36	(e)		—
Class R4		10.41		0.41			—		0.22			0.63		(0.37	)		—			—		(0.37	)		0.26			10.67		6.15	(f)		10			1.28	(e)		1.15	(e)		0.99	(e)		4.61	(e)		—
Class R5		10.41		0.43			—		0.22			0.65		(0.38	)		—			—		(0.38	)		0.27			10.68		6.42	(f)		11			0.99	(e)		0.89	(e)		0.72	(e)		4.86	(e)		—
For the Year Ended October 31, 2006
Class A		10.67		0.49			—		(0.26	)		0.23		(0.43	)		(0.03	)		—		(0.46	)		(0.23	)		10.44		2.29			282,362			1.02			0.95			0.95			4.50			193
Class B		10.68		0.40			—		(0.25	)		0.15		(0.35	)		(0.03	)		—		(0.38	)		(0.23	)		10.45		1.51			92,340			1.82			1.70			1.70			3.76			—
Class C		10.67		0.40			—		(0.25	)		0.15		(0.35	)		(0.03	)		—		(0.38	)		(0.23	)		10.44		1.51			247,091			1.78			1.70			1.70			3.72			—
Class Y		10.68		0.51			—		(0.25	)		0.26		(0.46	)		(0.03	)		—		(0.49	)		(0.23	)		10.45		2.58			140,796			0.68			0.68			0.68			5.05			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		10.48		0.05			—		(0.05	)		—		(0.04	)		—			—		(0.04	)		(0.04	)		10.44		0.04	(f)		18			0.98	(e)		0.70	(e)		0.70	(e)		4.43	(e)		—
For the Year Ended October 31, 2005
Class A		10.95		0.41			—		(0.18	)		0.23		(0.42	)		(0.09	)		—		(0.51	)		(0.28	)		10.67		2.10			414,778			1.00			0.95			0.95			3.88			71
Class B		10.96		0.33			—		(0.18	)		0.15		(0.34	)		(0.09	)		—		(0.43	)		(0.28	)		10.68		1.33			119,302			1.81			1.70			1.70			3.09			—
Class C		10.96		0.33			—		(0.19	)		0.14		(0.34	)		(0.09	)		—		(0.43	)		(0.29	)		10.67		1.24			373,750			1.76			1.70			1.70			3.12			—
Class Y		10.97		0.47			—		(0.22	)		0.25		(0.45	)		(0.09	)		—		(0.54	)		(0.29	)		10.68		2.29			95,947			0.68			0.68			0.68			4.42			—
For the Year Ended October 31, 2004
Class A		10.63		0.30			—		0.37			0.67		(0.31	)		(0.04	)		—		(0.35	)		0.32			10.95		6.39			313,961			1.04			1.00			1.00			3.04			81
Class B		10.64		0.22			—		0.37			0.59		(0.23	)		(0.04	)		—		(0.27	)		0.32			10.96		5.65			107,964			1.81			1.70			1.70			2.21			—
Class C		10.63		0.23			—		0.37			0.60		(0.23	)		(0.04	)		—		(0.27	)		0.33			10.96		5.74			319,990			1.76			1.70			1.70			2.33			—
From inception November 28, 2003, through October 31, 2004
Class Y		10.57		0.28			—		0.44			0.72		(0.32	)		—			—		(0.32	)		0.40			10.97		6.89	(f)		23,045			0.65	(e)		0.65	(e)		0.65	(e)		1.55	(e)		—
From inception October 31, 2002, through October 31, 2003
Class A		10.00		0.27			—		0.62			0.89		(0.26	)		—			—		(0.26	)		0.63			10.63		9.02	(f)		142,992			1.34	(e)		1.00	(e)		1.00	(e)		2.63	(e)		23
Class B		10.00		0.21			—		0.63			0.84		(0.20	)		—			—		(0.20	)		0.64			10.64		8.41	(f)		67,986			2.09	(e)		1.70	(e)		1.70	(e)		1.98	(e)		—
Class C		10.00		0.20			—		0.63			0.83		(0.20	)		—			—		(0.20	)		0.63			10.63		8.31	(f)		160,253			1.95	(e)		1.70	(e)		1.70	(e)		1.97	(e)		—
The Hartford International Growth Fund (formerly known as The Hartford International Capital Appreciation Fund)
For the Year Ended October 31, 2007 (h)
Class A		14.93		0.02			—		5.35			5.37		(0.01	)		(1.36	)		—		(1.37	)		4.00			18.93		39.31	(i)		431,193			1.49			1.49			1.49			0.14			242
Class B		14.42		(0.11	)		—		5.13			5.02		—			(1.36	)		—		(1.36	)		3.66			18.08		38.11	(i)		51,577			2.36			2.33			2.33			(0.73	)		—
Class C		14.42		(0.09	)		—		5.13			5.04		—			(1.36	)		—		(1.36	)		3.68			18.10		38.27	(i)		65,982			2.20			2.20			2.20			(0.61	)		—
Class I		14.94		(0.01	)		—		5.40			5.39		(0.18	)		(1.36	)		—		(1.54	)		3.85			18.79		39.73	(i)		3,543			1.12			1.12			1.12			(0.06	)		—
Class Y		15.17		0.02			—		5.55			5.57		—			(1.36	)		—		(1.36	)		4.21			19.38		40.01	(i)		76,429			1.03			1.03			1.03			0.17			—
From (commencement of operations) December 22, 2006, through October 31, 2007 (h)
Class R3		14.79		(0.02	)		—		4.47			4.45		—			—			—		—			4.45			19.24		30.09	(f)		15			1.83	(e)		1.83	(e)		1.83	(e)		(0.15	)(e)		—
Class R4		14.79		0.03			—		4.48			4.51		—			—			—		—			4.51			19.30		30.49	(f)		13			1.46	(e)		1.46	(e)		1.46	(e)		0.25	(e)		—
Class R5		14.79		0.07			—		4.49			4.56		—			—			—		—			4.56			19.35		30.83	(f)		13			1.17	(e)		1.17	(e)		1.17	(e)		0.51	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		12.14		0.02			—		2.96			2.98		(0.05	)		(0.14	)		—		(0.19	)		2.79			14.93		24.85			213,186			1.70			1.60			1.60			0.12			165
Class B		11.77		(0.08	)		—		2.87			2.79		—			(0.14	)		—		(0.14	)		2.65			14.42		23.95			33,252			2.56			2.30			2.30			(0.59	)		—
Class C		11.77		(0.09	)		—		2.88			2.79		—			(0.14	)		—		(0.14	)		2.65			14.42		23.95			43,336			2.40			2.35			2.35			(0.65	)		—
Class Y		12.33		0.06			—		3.02			3.08		(0.10	)		(0.14	)		—		(0.24	)		2.84			15.17		25.38			70,777	��		1.16			1.16			1.16			0.42			—
From (commencement of operations) August 31, 2006, through October 31, 2006 (h)
Class I		14.34		(0.02	)		—		0.62			0.60		—			—			—		—			0.60			14.94		4.18	(f)		10			1.53	(e)		1.35	(e)		1.35	(e)		(0.49	)(e)		—
For the Year Ended October 31, 2005
Class A		11.59		0.07			—		0.48			0.55		—			—			—		—			0.55			12.14		4.74			131,430			1.77			1.60			1.60			0.66			183
Class B		11.32		(0.01	)		—		0.46			0.45		—			—			—		—			0.45			11.77		3.98			22,304			2.66			2.35			2.35			(0.09	)		—
Class C		11.32		(0.01	)		—		0.46			0.45		—			—			—		—			0.45			11.77		3.98			29,486			2.49			2.35			2.35			(0.07	)		—
Class Y		11.72		0.08			—		0.53			0.61		—			—			—		—			0.61			12.33		5.20			74,651			1.22			1.20			1.20			0.98			—

­ ­  371  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford International Growth Fund (formerly known as The Hartford International Capital Appreciation Fund) — (continued)
For the Year Ended October 31, 2004 (h)
Class A	$	9.62	$	(0.01	)	$	—	$	2.03	$	2.02	$	—		$	(0.05	)	$	—	$	(0.05	)	$	1.97	$	11.59		21.14	%	$	50,051		1.91	%		1.65	%		1.65	%		(0.10	)%		200	%
Class B		9.46		(0.08	)		—		1.99		1.91		—			(0.05	)		—		(0.05	)		1.86		11.32		20.33			8,968		2.83			2.35			2.35			(0.80	)		—
Class C		9.46		(0.08	)		—		1.99		1.91		—			(0.05	)		—		(0.05	)		1.86		11.32		20.33			12,906		2.63			2.35			2.35			(0.79	)		—
Class Y		9.69		(0.01	)		—		2.09		2.08		—			(0.05	)		—		(0.05	)		2.03		11.72		21.61			28,775		1.31			1.20			1.20			(0.09	)		—
For the Year Ended October 31, 2003
Class A		6.93		(0.02	)		—		2.72		2.70		(0.01	)		—			—		(0.01	)		2.69		9.62		38.95			11,362		2.36			1.65			1.65			(0.35	)		281
Class B		6.86		(0.04	)		—		2.64		2.60		—			—			—		—			2.60		9.46		37.90			2,148		3.08			2.35			2.35			(1.04	)		—
Class C		6.86		(0.04	)		—		2.64		2.60		—			—			—		—			2.60		9.46		37.90			2,285		2.95			2.35			2.35			(1.01	)		—
Class Y		6.98		0.01			—		2.74		2.75		(0.04	)		—			—		(0.04	)		2.71		9.69		39.57			292		1.80			1.20			1.20			0.16			—
The Hartford International Opportunities Fund
For the Year Ended October 31, 2007
Class A		16.13		0.05			—		6.10		6.15		(0.06	)		(0.43	)		—		(0.49	)		5.66		21.79		39.15	(i)		241,239		1.49			1.49			1.49			0.31			147
Class B		15.14		(0.07	)		—		5.70		5.63		—			(0.43	)		—		(0.43	)		5.20		20.34		38.17	(i)		37,545		2.46			2.18			2.18			(0.39	)		—
Class C		15.01		(0.07	)		—		5.65		5.58		—			(0.43	)		—		(0.43	)		5.15		20.16		38.17	(i)		31,076		2.21			2.21			2.21			(0.42	)		—
Class Y		16.67		0.05			—		6.39		6.44		(0.20	)		(0.43	)		—		(0.63	)		5.81		22.48		39.91	(i)		127,314		0.95			0.95			0.95			0.84			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		17.07		0.06			—		5.20		5.26		—			—			—		—			5.26		22.33		30.81	(f)		28		1.71	(e)		1.71	(e)		1.71	(e)		0.40	(e)		—
Class R4		17.07		0.09			—		5.23		5.32		—			—			—		—			5.32		22.39		31.17	(f)		13		1.41	(e)		1.41	(e)		1.41	(e)		0.53	(e)		—
Class R5		17.07		0.13			—		5.25		5.38		—			—			—		—			5.38		22.45		31.52	(f)		13		1.11	(e)		1.11	(e)		1.11	(e)		0.83	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		13.13		0.13			—		2.92		3.05		(0.05	)		—			—		(0.05	)		3.00		16.13		23.25			159,087		1.61			1.57			1.57			0.84			102
Class B		12.35		0.03			—		2.76		2.79		—			—			—		—			2.79		15.14		22.59			29,125		2.56			2.15			2.15			0.24			—
Class C		12.27		0.01			—		2.73		2.74		—			—			—		—			2.74		15.01		22.33			20,782		2.33			2.33			2.33			0.06			—
Class Y		13.55		0.25			—		2.98		3.23		(0.11	)		—			—		(0.11	)		3.12		16.67		24.00			43,994		1.02			1.02			1.02			1.56			—
For the Year Ended October 31, 2005
Class A		11.22		0.05			—		1.86		1.91		—			—			—		—			1.91		13.13		17.02			102,393		1.72			1.57			1.57			0.42			119
Class B		10.64		(0.04	)		—		1.75		1.71		—			—			—		—			1.71		12.35		16.07			23,940		2.68			2.35			2.35			(0.36	)		—
Class C		10.57		(0.04	)		—		1.74		1.70		—			—			—		—			1.70		12.27		16.08			16,896		2.42			2.35			2.35			(0.37	)		—
Class Y		11.53		0.12			—		1.90		2.02		—			—			—		—			2.02		13.55		17.52			5,612		1.05			1.05			1.05			0.94			—
For the Year Ended October 31, 2004
Class A		9.66		0.03			—		1.54		1.57		(0.01	)		—			—		(0.01	)		1.56		11.22		16.20			87,348		1.83			1.65			1.65			0.33			143
Class B		9.22		(0.05	)		—		1.47		1.42		—			—			—		—			1.42		10.64		15.40			23,301		2.77			2.35			2.35			(0.39	)		—
Class C		9.16		(0.05	)		—		1.46		1.41		—			—			—		—			1.41		10.57		15.39			15,749		2.48			2.35			2.35			(0.38	)		—
Class Y		9.91		0.11			—		1.56		1.67		(0.05	)		—			—		(0.05	)		1.62		11.53		16.87			4,288		1.09			1.08			1.08			0.82			—
For the Year Ended October 31, 2003
Class A		8.03		0.02			—		1.61		1.63		—			—			—		—			1.63		9.66		20.30			69,153		1.72			1.65			1.65			0.25			138
Class B		7.71		(0.04	)		—		1.55		1.51		—			—			—		—			1.51		9.22		19.58			20,459		2.45			2.35			2.35			(0.46	)		—
Class C		7.67		(0.04	)		—		1.53		1.49		—			—			—		—			1.49		9.16		19.43			14,790		2.35			2.35			2.35			(0.45	)		—
Class Y		8.19		0.06			—		1.66		1.72		—			—			—		—			1.72		9.91		21.00			6,058		1.13			1.13			1.13			0.77			—
The Hartford International Small Company Fund
For the Year Ended October 31, 2007
Class A		16.19		0.03			—		3.92		3.95		(0.15	)		(2.00	)		—		(2.15	)		1.80		17.99		27.90			153,290		1.49			1.49			1.49			0.33			96
Class B		15.72		(0.05	)		—		3.76		3.71		(0.08	)		(2.00	)		—		(2.08	)		1.63		17.35		26.97			19,562		2.44			2.26			2.26			(0.47	)		—
Class C		15.55		(0.02	)		—		3.69		3.67		(0.06	)		(2.00	)		—		(2.06	)		1.61		17.16		26.98			33,033		2.23			2.23			2.23			(0.43	)		—
Class Y		16.37		0.02			—		4.06		4.08		(0.19	)		(2.00	)		—		(2.19	)		1.89		18.26		28.48			132,411		1.01			1.01			1.01			0.75			—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		17.10		0.02			—		0.90		0.92		—			—			—		—			0.92		18.02		5.38	(f)		174		1.19	(e)		1.19	(e)		1.19	(e)		0.77	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		14.27		0.08			—		3.62		3.70		(0.25	)		(1.53	)		—		(1.78	)		1.92		16.19		29.36			69,998		1.74			1.60			1.60			0.56			107
Class B		13.91		(0.01	)		—		3.51		3.50		(0.16	)		(1.53	)		—		(1.69	)		1.81		15.72		28.51			11,960		2.66			2.24			2.24			(0.08	)		—
Class C		13.78		(0.03	)		—		3.48		3.45		(0.15	)		(1.53	)		—		(1.68	)		1.77		15.55		28.35			18,486		2.43			2.35			2.35			(0.22	)		—
Class Y		14.41		0.15			—		3.64		3.79		(0.30	)		(1.53	)		—		(1.83	)		1.96		16.37		29.89			86,707		1.20			1.20			1.20			0.97			—
For the Year Ended October 31, 2005
Class A		13.44		0.06			—		2.25		2.31		—			(1.48	)		—		(1.48	)		0.83		14.27		18.90			34,896		1.82			1.60			1.60			0.71			112
Class B		13.23		—			—		2.16		2.16		—			(1.48	)		—		(1.48	)		0.68		13.91		17.96			6,101		2.78			2.35			2.35			(0.02	)		—
Class C		13.12		(0.01	)		—		2.15		2.14		—			(1.48	)		—		(1.48	)		0.66		13.78		17.96			12,614		2.46			2.35			2.35			(0.06	)		—
Class Y		13.54		0.12			—		2.27		2.39		(0.04	)		(1.48	)		—		(1.52	)		0.87		14.41		19.40			65,828		1.28			1.20			1.20			1.13			—

­ ­  372  ­ ­

	— Selected Per-Share Data (a) —																											— Ratios and Supplemental Data —
																																	Ratio of			Ratio of			Ratio of
																																	Expenses			Expenses			Expenses
																																	to Average			to Average			to Average
								Net																									Net Assets			Net Assets			Net Assets
								Realized															Net										Before			After			After			Ratio of
								and							Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford International Small Company Fund — (continued)
For the Year Ended October 31, 2004
Class A	$	12.93	$	0.07		$	—	$	1.31	$	1.38	$	—		$	(0.87	)	$	—	$	(0.87	)	$	0.51		$	13.44		11.39	%	$	23,934		1.99	%		1.65	%		1.65	%		0.90	%		119	%
Class B		12.82		0.02			—		1.26		1.28		—			(0.87	)		—		(0.87	)		0.41			13.23		10.62			3,726		2.89			2.35			2.35			0.15			—
Class C		12.72		0.03			—		1.24		1.27		—			(0.87	)		—		(0.87	)		0.40			13.12		10.63			10,072		2.60			2.35			2.35			0.27			—
Class Y		13.02		0.14			—		1.30		1.44		(0.05	)		(0.87	)		—		(0.92	)		0.52			13.54		11.80			42,449		1.41			1.20			1.20			1.26			—
For the Year Ended October 31, 2003 (h)
Class A		8.37		0.07			—		4.51		4.58		(0.02	)		—			—		(0.02	)		4.56			12.93		54.76			12,320		2.36			1.65			1.65			0.72			166
Class B		8.34		0.01			—		4.47		4.48		—			—			—		—			4.48			12.82		53.72			2,237		3.09			2.35			2.35			0.03			—
Class C		8.28		0.01			—		4.43		4.44		—			—			—		—			4.44			12.72		53.62			3,004		2.96			2.35			2.35			(0.03	)		—
Class Y		8.43		0.09			—		4.56		4.65		(0.06	)		—			—		(0.06	)		4.59			13.02		55.47			25,154		1.64			1.20			1.20			0.93			—
The Hartford LargeCap Growth Fund
From (commencement of operations) November 30, 2006, through October 31, 2007
Class A		10.00		(0.01	)		—		1.09		1.08		(0.01	)		—			—		(0.01	)		1.07			11.07		10.84	(f)		11,349		1.54	(e)		1.11	(e)		1.11	(e)		(0.08	)(e)		129
Class B		10.00		(0.08	)		—		1.08		1.00		(0.01	)		—			—		(0.01	)		0.99			10.99		9.97	(f)		360		2.40	(e)		1.96	(e)		1.96	(e)		(0.93	)(e)		—
Class C		10.00		(0.07	)		—		1.07		1.00		(0.01	)		—			—		(0.01	)		0.99			10.99		9.97	(f)		545		2.37	(e)		1.93	(e)		1.93	(e)		(0.94	)(e)		—
Class Y		10.00		0.02			—		1.09		1.11		(0.02	)		—			—		(0.02	)		1.09			11.09		11.08	(f)		111		1.28	(e)		0.85	(e)		0.85	(e)		0.20	(e)		—
The Hartford MidCap Fund
For the Year Ended October 31, 2007
Class A		25.31		0.05			0.02		5.53		5.60		—			(4.02	)		—		(4.02	)		1.58			26.89		25.96	(i)		2,205,026		1.22			1.22			1.22			0.20			76
Class B		23.35		(0.13	)		0.02		5.01		4.90		—			(4.02	)		—		(4.02	)		0.88			24.23		24.98	(i)		454,927		1.99			1.99			1.99			(0.52	)		—
Class C		23.47		(0.11	)		0.02		5.04		4.95		—			(4.02	)		—		(4.02	)		0.93			24.40		25.08	(i)		528,342		1.91			1.91			1.91			(0.44	)		—
Class Y		26.68		0.28			0.03		5.77		6.08		—			(4.02	)		—		(4.02	)		2.06			28.74		26.50	(i)		134,914		0.79			0.79			0.79			0.73			—
For the Year Ended October 31, 2006
Class A		26.32		(0.03	)		—		3.44		3.41		—			(4.42	)		—		(4.42	)		(1.01	)		25.31		14.84			1,837,361		1.27			1.27			1.27			(0.13	)		84
Class B		24.77		(0.22	)		—		3.22		3.00		—			(4.42	)		—		(4.42	)		(1.42	)		23.35		13.97			449,488		2.04			2.04			2.04			(0.90	)		—
Class C		24.86		(0.20	)		—		3.23		3.03		—			(4.42	)		—		(4.42	)		(1.39	)		23.47		14.06			499,039		1.96			1.96			1.96			(0.82	)		—
Class Y		27.42		0.08			—		3.60		3.68		—			(4.42	)		—		(4.42	)		(0.74	)		26.68		15.31			184,149		0.81			0.81			0.81			0.33			—
For the Year Ended October 31, 2005
Class A		22.61		(0.05	)		—		4.24		4.19		—			(0.48	)		—		(0.48	)		3.71			26.32		18.85			1,677,327		1.30			1.30			1.30			(0.20	)		74
Class B		21.47		(0.24	)		—		4.02		3.78		—			(0.48	)		—		(0.48	)		3.30			24.77		17.92			464,175		2.08			2.08			2.08			(0.98	)		—
Class C		21.52		(0.22	)		—		4.04		3.82		—			(0.48	)		—		(0.48	)		3.34			24.86		18.07			499,502		1.99			1.99			1.99			(0.89	)		—
Class Y		23.43		0.07			—		4.40		4.47		—			(0.48	)		—		(0.48	)		3.99			27.42		19.40			139,273		0.83			0.83			0.83			0.26			—
For the Year Ended October 31, 2004
Class A		20.58		(0.09	)		—		2.12		2.03		—			—			—		—			2.03			22.61		9.86			1,544,968		1.37			1.37			1.37			(0.41	)		52
Class B		19.68		(0.25	)		—		2.04		1.79		—			—			—		—			1.79			21.47		9.10			438,658		2.11			2.11			2.11			(1.15	)		—
Class C		19.71		(0.23	)		—		2.04		1.81		—			—			—		—			1.81			21.52		9.18			484,268		2.02			2.02			2.02			(1.06	)		—
Class Y		21.21		0.02			—		2.20		2.22		—			—			—		—			2.22			23.43		10.47			104,534		0.85			0.85			0.85			0.11			—
For the Year Ended October 31, 2003
Class A		15.50		(0.08	)		—		5.16		5.08		—			—			—		—			5.08			20.58		32.77			1,413,021		1.50			1.48			1.48			(0.58	)		70
Class B		14.93		(0.20	)		—		4.95		4.75		—			—			—		—			4.75			19.68		31.82			424,959		2.23			2.20			2.20			(1.30	)		—
Class C		14.94		(0.18	)		—		4.95		4.77		—			—			—		—			4.77			19.71		31.93			477,891		2.10			2.10			2.10			(1.21	)		—
Class Y		15.88		—			—		5.33		5.33		—			—			—		—			5.33			21.21		33.56			83,996		0.90			0.90			0.90			(0.01	)		—
The Hartford MidCap Growth Fund
For the Year Ended October 31, 2007
Class A		10.63		(0.01	)		0.02		2.64		2.65		(0.04	)		(0.08	)		—		(0.12	)		2.53			13.16		25.16	(i)		16,600		1.59			0.95			0.95			(0.15	)		229
Class B		10.61		(0.12	)		0.01		2.62		2.51		(0.01	)		(0.08	)		—		(0.09	)		2.42			13.03		23.83	(i)		713		2.58			1.97			1.97			(1.09	)		—
Class C		10.61		(0.09	)		0.01		2.60		2.52		(0.03	)		(0.08	)		—		(0.11	)		2.41			13.02		23.93	(i)		1,550		2.50			1.90			1.90			(0.97	)		—
Class Y		10.64		0.01			0.02		2.66		2.69		(0.06	)		(0.08	)		—		(0.14	)		2.55			13.19		25.51	(i)		134		1.27			0.66			0.66			0.10			—
From (commencement of operations) July 31, 2006, through October 31, 2006
Class A		10.00		(0.01	)		—		0.64		0.63		—			—			—		—			0.63			10.63		6.30	(f)		10,334		1.66	(e)		1.20	(e)		1.20	(e)		(0.29	)(e)		112
Class B		10.00		(0.03	)		—		0.64		0.61		—			—			—		—			0.61			10.61		6.10	(f)		297		2.47	(e)		2.05	(e)		2.05	(e)		(1.16	)(e)		—
Class C		10.00		(0.02	)		—		0.63		0.61		—			—			—		—			0.61			10.61		6.10	(f)		357		2.49	(e)		2.07	(e)		2.07	(e)		(1.20	)(e)		—
Class Y		10.00		—			—		0.64		0.64		—			—			—		—			0.64			10.64		6.40	(f)		106		1.41	(e)		0.79	(e)		0.79	(e)		0.12	(e)		—
The Hartford MidCap Value Fund
For the Year Ended October 31, 2007
Class A		14.57		—			—		2.14		2.14		—			(1.91	)		—		(1.91	)		0.23			14.80		16.72	(i)		311,227		1.39			1.39			1.39			0.00			46
Class B		13.93		(0.11	)		—		2.04		1.93		—			(1.91	)		—		(1.91	)		0.02			13.95		15.86	(i)		60,957		2.23			2.15			2.15			(0.75	)		—
Class C		13.93		(0.10	)		—		2.04		1.94		—			(1.91	)		—		(1.91	)		0.03			13.96		15.94	(i)		63,292		2.10			2.10			2.10			(0.70	)		—
Class Y		15.00		0.14			0.02		2.14		2.30		—			(1.91	)		—		(1.91	)		0.39			15.39		17.38	(i)		1,961		0.89			0.89			0.89			0.70			—

­ ­  373  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford MidCap Value Fund — (continued)
For the Year Ended October 31, 2006
Class A	$	13.29	$	0.01		$	—	$	2.59	$	2.60	$	—		$	(1.32	)	$	—	$	(1.32	)	$	1.28	$	14.57		21.37	%	$	305,002		1.45	%		1.40	%		1.40	%		0.06	%		40	%
Class B		12.85		(0.10	)		—		2.50		2.40		—			(1.32	)		—		(1.32	)		1.08		13.93		20.46			62,580		2.28			2.15			2.15			(0.69	)		—
Class C		12.85		(0.10	)		—		2.50		2.40		—			(1.32	)		—		(1.32	)		1.08		13.93		20.45			63,302		2.16			2.15			2.15			(0.69	)		—
Class Y		13.59		0.08			—		2.65		2.73		—			(1.32	)		—		(1.32	)		1.41		15.00		21.90			31,100		0.94			0.94			0.94			0.48			—
For the Year Ended October 31, 2005
Class A		12.89		(0.04	)		—		1.41		1.37		—			(0.97	)		—		(0.97	)		0.40		13.29		11.31			280,662		1.49			1.40			1.40			(0.31	)		49
Class B		12.59		(0.14	)		—		1.37		1.23		—			(0.97	)		—		(0.97	)		0.26		12.85		10.40			59,350		2.33			2.15			2.15			(1.06	)		—
Class C		12.59		(0.15	)		—		1.38		1.23		—			(0.97	)		—		(0.97	)		0.26		12.85		10.40			61,194		2.19			2.15			2.15			(1.06	)		—
Class Y		13.11		0.01			—		1.44		1.45		—			(0.97	)		—		(0.97	)		0.48		13.59		11.76			39,965		0.96			0.96			0.96			0.13			—
For the Year Ended October 31, 2004
Class A		11.32		(0.04	)		—		1.61		1.57		—			—			—		—			1.57		12.89		13.87			280,173		1.56			1.45			1.45			(0.03	)		46
Class B		11.12		(0.13	)		—		1.60		1.47		—			—			—		—			1.47		12.59		13.22			60,558		2.36			2.15			2.15			(1.04	)		—
Class C		11.13		(0.13	)		—		1.59		1.46		—			—			—		—			1.46		12.59		13.12			67,132		2.20			2.15			2.15			(1.04	)		—
Class Y		11.46		(0.01	)		—		1.66		1.65		—			—			—		—			1.65		13.11		14.40			2,474		0.90			0.90			0.90			(0.12	)		—
For the Year Ended October 31, 2003 (h)
Class A		8.34		(0.03	)		—		3.01		2.98		—			—			—		—			2.98		11.32		35.73			155,614		1.60			1.45			1.45			(0.35	)		56
Class B		8.25		(0.09	)		—		2.96		2.87		—			—			—		—			2.87		11.12		34.79			42,407		2.33			2.15			2.15			(1.05	)		—
Class C		8.25		(0.09	)		—		2.97		2.88		—			—			—		—			2.88		11.13		34.91			49,566		2.20			2.15			2.15			(1.05	)		—
Class Y		8.39		0.02			—		3.05		3.07		—			—			—		—			3.07		11.46		36.59			29		1.03			1.00			1.00			0.16			—
The Hartford Money Market Fund
For the Year Ended October 31, 2007
Class A		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		4.49			314,872		1.13			0.95			0.95			4.40			N/A
Class B		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		3.71			29,219		1.82			1.70			1.70			3.65			—
Class C		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		3.72			59,575		1.72			1.69			1.69			3.66			—
Class Y		1.00		0.05			—		—		0.05		(0.05	)		—			—		(0.05	)		—		1.00		4.90			2,707		0.58			0.55			0.55			4.77			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		3.63	(f)		10		1.36	(e)		1.20	(e)		1.20	(e)		4.16	(e)		—
Class R4		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		3.95	(f)		17,239		1.01	(e)		0.90	(e)		0.90	(e)		4.49	(e)		—
Class R5		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		4.18	(f)		1,229		0.72	(e)		0.60	(e)		0.60	(e)		4.79	(e)		—
For the Year Ended October 31, 2006
Class A		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		4.00			207,592		1.14			0.95			0.95			3.95			N/A
Class B		1.00		0.03			—		—		0.03		(0.03	)		—			—		(0.03	)		—		1.00		3.22			27,995		1.79			1.70			1.70			3.18			—
Class C		1.00		0.03			—		—		0.03		(0.03	)		—			—		(0.03	)		—		1.00		3.22			16,997		1.76			1.70			1.70			3.20			—
Class Y		1.00		0.04			—		—		0.04		(0.04	)		—			—		(0.04	)		—		1.00		4.34			13,628		0.61			0.55			0.55			4.29			—
For the Year Ended October 31, 2005
Class A		1.00		0.02			—		—		0.02		(0.02	)		—			—		(0.02	)		—		1.00		1.99			182,308		1.22			0.95			0.95			1.96			N/A
Class B		1.00		0.01			—		—		0.01		(0.01	)		—			—		(0.01	)		—		1.00		1.23			30,716		1.88			1.70			1.70			1.16			—
Class C		1.00		0.01			—		—		0.01		(0.01	)		—			—		(0.01	)		—		1.00		1.23			18,790		1.80			1.70			1.70			1.19			—
Class Y		1.00		0.02			—		—		0.02		(0.02	)		—			—		(0.02	)		—		1.00		2.40			16,114		0.61			0.55			0.55			2.47			—
For the Year Ended October 31, 2004
Class A		1.00		0.0030			—		—		0.0030		(0.0030	)		—			—		(0.0030	)		—		1.00		0.28			205,442		1.22			1.00			1.00			0.27			N/A
Class B		1.00		0.0001			—		—		0.0001		(0.0001	)		—			—		(0.0001	)		—		1.00		0.01			45,836		1.82			1.25			1.25			0.01			—
Class C		1.00		0.0001			—		—		0.0001		(0.0001	)		—			—		(0.0001	)		—		1.00		0.01			26,626		1.77			1.27			1.27			0.01			—
Class Y		1.00		0.0070			—		—		0.0070		(0.0070	)		—			—		(0.0070	)		—		1.00		0.72			9,698		0.56			0.55			0.55			0.96			—
For the Year Ended October 31, 2003
Class A		1.00		0.003			—		—		0.003		(0.003	)		—			—		(0.003	)		—		1.00		0.32			246,199		1.28			1.00			1.00			0.33			N/A
Class B		1.00		—			—		—		—		—			—			—		—			—		1.00		0.00			67,732		2.01			1.33	(i)		1.33	(i)		0.01			—
Class C		1.00		—			—		—		—		—			—			—		—			—		1.00		0.00			29,955		1.89			1.36	(i)		1.36	(i)		0.01			—
Class Y		1.00		0.008			—		—		0.008		(0.008	)		—			—		(0.008	)		—		1.00		0.78			1,162		0.68			0.55			0.55			0.84			—
The Hartford Retirement Income Fund (g)
For the Year Ended October 31, 2007
Class A		9.59		0.33			—		0.51		0.84		(0.34	)		—			—		(0.34	)		0.50		10.09		8.92			3,016		4.33			0.48			0.48			3.12			78
Class B		9.59		0.25			—		0.53		0.78		(0.27	)		—			—		(0.27	)		0.51		10.10		8.21			216		5.14			1.23			1.23			2.55			—
Class C		9.61		0.26			—		0.51		0.77		(0.27	)		—			—		(0.27	)		0.50		10.11		8.09			244		5.18			1.23			1.23			2.61			—
Class Y		9.60		0.36			—		0.51		0.87		(0.37	)		—			—		(0.37	)		0.50		10.10		9.22			124		4.05			0.18			0.18			3.64			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		9.66		0.20			—		0.45		0.65		(0.21	)		—			—		(0.21	)		0.44		10.10		6.76	(f)		11		4.83	(e)		0.88	(e)		0.88	(e)		2.35	(e)		—
Class R4		9.66		0.22			—		0.45		0.67		(0.23	)		—			—		(0.23	)		0.44		10.10		7.00	(f)		16		4.51	(e)		0.59	(e)		0.59	(e)		2.66	(e)		—
Class R5		9.66		0.25			—		0.44		0.69		(0.25	)		—			—		(0.25	)		0.44		10.10		7.27	(f)		11		4.23	(e)		0.27	(e)		0.27	(e)		2.95	(e)		—

­ ­  374  ­ ­

	— Selected Per-Share Data (a) —																													— Ratios and Supplemental Data —
																																			Ratio of			Ratio of			Ratio of
																																			Expenses			Expenses			Expenses
																																			to Average			to Average			to Average
								Net																											Net Assets			Net Assets			Net Assets
								Realized																	Net										Before			After			After			Ratio of
								and									Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total			Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from			from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Retirement Income Fund (g) — (continued)
For the Year Ended October 31, 2006
Class A	$	9.87	$	0.62		$	—	$	(0.15	)	$	0.47		$	(0.75	)	$	—		$	—	$	(0.75	)	$	(0.28	)	$	9.59		5.03	%	$	420		16.84	%		0.54	%		0.54	%		2.54	%		37	%
Class B		9.87		0.63			—		(0.24	)		0.39			(0.67	)		—			—		(0.67	)		(0.28	)		9.59		4.21			173		17.64			1.30			1.30			1.89			—
Class C		9.87		0.63			—		(0.22	)		0.41			(0.67	)		—			—		(0.67	)		(0.26	)		9.61		4.42			161		17.64			1.30			1.30			1.88			—
Class Y		9.86		0.71			—		(0.19	)		0.52			(0.78	)		—			—		(0.78	)		(0.26	)		9.60		5.55			114		16.51			0.24			0.24			2.96			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.02			—		(0.14	)		(0.12	)		(0.01	)		—			—		(0.01	)		(0.13	)		9.87		(1.22	)(f)		47		0.63	(e)		0.53	(e)		0.53	(e)		4.08	(e)		83
Class B		10.00		0.01			—		(0.14	)		(0.13	)		—			—			—		—			(0.13	)		9.87		(1.29	)(f)		10		1.36	(e)		1.26	(e)		1.26	(e)		1.76	(e)		—
Class C		10.00		0.01			—		(0.14	)		(0.13	)		—			—			—		—			(0.13	)		9.87		(1.29	)(f)		10		1.36	(e)		1.26	(e)		1.26	(e)		1.76	(e)		—
Class Y		10.00		0.01			—		(0.14	)		(0.13	)		(0.01	)		—			—		(0.01	)		(0.14	)		9.86		(1.30	)(f)		10		0.28	(e)		0.28	(e)		0.28	(e)		2.75	(e)		—
The Hartford Select MidCap Growth Fund
For the Year Ended October 31, 2007
Class A		11.28		(0.05	)		—		1.98			1.93			—			(0.48	)		—		(0.48	)		1.45			12.73		17.76			22,074		1.60			1.37			1.37			(0.43	)		186
Class B		11.14		(0.11	)		—		1.95			1.84			—			(0.48	)		—		(0.48	)		1.36			12.50		17.15			4,509		2.55			1.96			1.96			(1.01	)		—
Class C		11.13		(0.13	)		—		1.94			1.81			—			(0.48	)		—		(0.48	)		1.33			12.46		16.89			4,772		2.40			2.12			2.12			(1.17	)		—
Class Y		11.36		(0.57	)		—		2.57			2.00			—			(0.48	)		—		(0.48	)		1.52			12.88		18.28			115		1.11			1.03			1.03			(0.44	)		—
For the Year Ended October 31, 2006
Class A		10.14		(0.08	)		—		1.32			1.24			—			(0.10	)		—		(0.10	)		1.14			11.28		12.31			23,542		1.69			1.50			1.50			(0.85	)		99
Class B		10.08		(0.15	)		—		1.31			1.16			—			(0.10	)		—		(0.10	)		1.06			11.14		11.58			3,725		2.67			2.11			2.11			(1.46	)		—
Class C		10.08		(0.15	)		—		1.30			1.15			—			(0.10	)		—		(0.10	)		1.05			11.13		11.48			3,861		2.52			2.26			2.26			(1.60	)		—
Class Y		10.17		(0.04	)		—		1.33			1.29			—			(0.10	)		—		(0.10	)		1.19			11.36		12.77			28,868		1.13			1.11			1.11			(0.45	)		—
From (commencement of operations) January 1, 2005, through October 31, 2005
Class A		10.06		(0.06	)		—		0.14			0.08			—			—			—		—			0.08			10.14		0.80	(f)		14,995		2.22	(e)		1.50	(e)		1.50	(e)		(0.95	)(e)		97
Class B		10.06		(0.09	)		—		0.11			0.02			—			—			—		—			0.02			10.08		0.20	(f)		2,354		3.35	(e)		2.25	(e)		2.25	(e)		(1.70	)(e)		—
Class C		10.06		(0.09	)		—		0.11			0.02			—			—			—		—			0.02			10.08		0.20	(f)		1,741		3.26	(e)		2.25	(e)		2.25	(e)		(1.70	)(e)		—
Class Y		10.06		(0.05	)		—		0.16			0.11			—			—			—		—			0.11			10.17		1.09	(f)		210		1.66	(e)		1.10	(e)		1.10	(e)		(0.55	)(e)		—
The Hartford Select MidCap Value Fund
For the Year Ended October 31, 2007
Class A		12.41		0.05			—		0.21			0.26			—			(0.50	)		—		(0.50	)		(0.24	)		12.17		2.16			39,238		1.42			1.33			1.33	��		0.38			209
Class B		12.28		(0.04	)		—		0.22			0.18			—			(0.50	)		—		(0.50	)		(0.32	)		11.96		1.51			4,322		2.35			2.01			2.01			(0.29	)		—
Class C		12.28		(0.04	)		—		0.21			0.17			—			(0.50	)		—		(0.50	)		(0.33	)		11.95		1.42			8,300		2.17			2.07			2.07			(0.36	)		—
Class Y		12.40		0.03			—		0.28			0.31			—			(0.50	)		—		(0.50	)		(0.19	)		12.21		2.58			53,873		0.84			0.83			0.83			0.83			—
For the Year Ended October 31, 2006
Class A		10.79		—			—		1.87			1.87			(0.01	)		(0.24	)		—		(0.25	)		1.62			12.41		17.66			47,937		1.69			1.55			1.55			(0.10	)%		63
Class B		10.75		(0.10	)		—		1.87			1.77			—			(0.24	)		—		(0.24	)		1.53			12.28		16.79			4,137		2.67			2.30			2.30			(0.84	)		—
Class C		10.75		(0.09	)		—		1.86			1.77			—			(0.24	)		—		(0.24	)		1.53			12.28		16.79			7,417		2.53			2.30			2.30			(0.84	)		—
Class Y		10.81		0.07			—		1.81			1.88			(0.05	)		(0.24	)		—		(0.29	)		1.59			12.40		17.79			20,025		1.33			1.15			1.15			0.26			—
From (commencement of operations) April 29, 2005, through October 31, 2005
Class A		10.00		—			—		0.79			0.79			—			—			—		—			0.79			10.79		7.90	(f)		22,423		1.67	(e)		1.55	(e)		1.55	(e)		(0.08	)(e)		30
Class B		10.00		(0.03	)		—		0.78			0.75			—			—			—		—			0.75			10.75		7.50	(f)		1,714		2.64	(e)		2.30	(e)		2.30	(e)		(0.92	)(e)		—
Class C		10.00		(0.03	)		—		0.78			0.75			—			—			—		—			0.75			10.75		7.50	(f)		2,885		2.53	(e)		2.30	(e)		2.30	(e)		(0.96	)(e)		—
Class Y		10.00		0.02			—		0.79			0.81			—			—			—		—			0.81			10.81		8.10	(f)		541		1.36	(e)		1.15	(e)		1.15	(e)		0.37	(e)		—
The Hartford Select SmallCap Value Fund
For the Year Ended October 31, 2007
Class A		10.96		0.07			—		0.78			0.85			—			(0.02	)		—		(0.02	)		0.83			11.79		7.78			19,106		1.40			1.40			1.40			0.67			58
Class B		10.93		(0.02	)		—		0.76			0.74			—			(0.02	)		—		(0.02	)		0.72			11.65		6.79			587		2.38			2.35			2.35			(0.25	)		—
Class C		10.93		(0.02	)		—		0.77			0.75			—			(0.02	)		—		(0.02	)		0.73			11.66		6.88			749		2.33			2.33			2.33			(0.27	)		—
Class Y		10.97		0.10			—		0.78			0.88			(0.03	)		(0.02	)		—		(0.05	)		0.83			11.80		8.09			91,189		1.13			1.13			1.13			0.97			—
From (commencement of operations) July 31, 2006, through October 31, 2006 (h)
Class A		10.00		0.02			—		0.94			0.96			—			—			—		—			0.96			10.96		9.60	(f)		15,872		1.73	(e)		1.60	(e)		1.60	(e)		0.78	(e)		10
Class B		10.00		—			—		0.93			0.93			—			—			—		—			0.93			10.93		9.30	(f)		308		2.53	(e)		2.35	(e)		2.35	(e)		0.03	(e)		—
Class C		10.00		—			—		0.93			0.93			—			—			—		—			0.93			10.93		9.30	(f)		280		2.51	(e)		2.35	(e)		2.35	(e)		0.03	(e)		—
Class Y		10.00		0.01			—		0.96			0.97			—			—			—		—			0.97			10.97		9.70	(f)		1,538		1.71	(e)		1.20	(e)		1.20	(e)		0.79	(e)		—
The Hartford Short Duration Fund
For the Year Ended October 31, 2007
Class A		9.89		0.44			—		(0.07	)		0.37			(0.44	)		—			—		(0.44	)		(0.07	)		9.82		3.80			34,606		1.04			0.90			0.90			4.49			68
Class B		9.90		0.37			—		(0.09	)		0.28			(0.36	)		—			—		(0.36	)		(0.08	)		9.82		2.91			6,349		1.90			1.65			1.65			3.73			—
Class C		9.90		0.37			—		(0.09	)		0.28			(0.36	)		—			—		(0.36	)		(0.08	)		9.82		2.91			22,322		1.77			1.65			1.65			3.74			—
Class Y		9.88		0.47			—		(0.08	)		0.39			(0.46	)		—			—		(0.46	)		(0.07	)		9.81		4.08			142,224		0.64			0.64			0.64			4.75			—

­ ­  375  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																												— Ratios and Supplemental Data —
																																		Ratio of			Ratio of			Ratio of
																																		Expenses			Expenses			Expenses
																																		to Average			to Average			to Average
								Net																										Net Assets			Net Assets			Net Assets
								Realized																Net										Before			After			After			Ratio of
								and								Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total		Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from		from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment		Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations		Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Short Duration Fund — (continued)
For the Year Ended October 31, 2006
Class A	$	9.85	$	0.35		$	—	$	0.04		$	0.39	$	(0.35	)	$	—		$	—	$	(0.35	)	$	0.04		$	9.89		4.02	%	$	26,726		1.10	%		0.90	%		0.90	%		3.53	%		119	%
Class B		9.85		0.27			—		0.05			0.32		(0.27	)		—			—		(0.27	)		0.05			9.90		3.33			6,760		1.92			1.65			1.65			2.77			—
Class C		9.85		0.27			—		0.05			0.32		(0.27	)		—			—		(0.27	)		0.05			9.90		3.33			14,382		1.83			1.65			1.65			2.76			—
Class Y		9.84		0.37			—		0.04			0.41		(0.37	)		—			—		(0.37	)		0.04			9.88		4.28			102,198		0.68			0.65			0.65			3.78			—
For the Year Ended October 31, 2005
Class A		10.08		0.33			—		(0.24	)		0.09		(0.32	)		—			—		(0.32	)		(0.23	)		9.85		0.92			29,212		1.05			0.90			0.90			3.23			123
Class B		10.08		0.25			—		(0.23	)		0.02		(0.25	)		—			—		(0.25	)		(0.23	)		9.85		0.17			8,814		1.89			1.65			1.65			2.47			—
Class C		10.08		0.25			—		(0.23	)		0.02		(0.25	)		—			—		(0.25	)		(0.23	)		9.85		0.17			22,973		1.78			1.65			1.65			2.47			—
Class Y		10.07		0.35			—		(0.23	)		0.12		(0.35	)		—			—		(0.35	)		(0.23	)		9.84		1.18			82,439		0.67			0.65			0.65			3.53			—
For the Year Ended October 31, 2004
Class A		10.14		0.30			—		(0.06	)		0.24		(0.30	)		—			—		(0.30	)		(0.06	)		10.08		2.40			39,148		1.06			0.95			0.95			2.95			108
Class B		10.14		0.23			—		(0.06	)		0.17		(0.23	)		—			—		(0.23	)		(0.06	)		10.08		1.68			12,267		1.84			1.65			1.65			2.26			—
Class C		10.14		0.23			—		(0.06	)		0.17		(0.23	)		—			—		(0.23	)		(0.06	)		10.08		1.68			34,949		1.76			1.65			1.65			2.26			—
From inception November 28, 2003, through October 31, 2004
Class Y		10.11		0.30			—		(0.04	)		0.26		(0.30	)		—			—		(0.30	)		(0.04	)		10.07		2.62	(f)		31,429		0.61	(e)		0.60	(e)		0.60	(e)		3.03	(e)		—
From inception October 31, 2002, through October 31, 2003
Class A		10.00		0.30			—		0.14			0.44		(0.30	)		—			—		(0.30	)		0.14			10.14		4.48			32,753		1.34	(e)		0.95	(e)		0.95	(e)		3.14	(e)		113
Class B		10.00		0.23			—		0.14			0.37		(0.23	)		—			—		(0.23	)		0.14			10.14		3.77			10,206		2.09	(e)		1.65	(e)		1.65	(e)		2.46	(e)		—
Class C		10.00		0.23			—		0.14			0.37		(0.23	)		—			—		(0.23	)		0.14			10.14		3.77			30,660		1.96	(e)		1.65	(e)		1.65	(e)		2.44	(e)		—
The Hartford Small Company Fund
For the Year Ended October 31, 2007
Class A		21.58		(0.09	)		0.07		4.77			4.75		—			(1.87	)		—		(1.87	)		2.88			24.46		23.88	(i)		299,819		1.41			1.40			1.40			(0.44	)(e)		186
Class B		19.97		(0.26	)		0.10		4.36			4.20		—			(1.87	)		—		(1.87	)		2.33			22.30		22.97	(i)		52,549		2.28			2.12			2.12			(1.16	)(e)		—
Class C		20.00		(0.23	)		0.08		4.34			4.19		—			(1.87	)		—		(1.87	)		2.32			22.32		22.88	(i)		63,650		2.15			2.15			2.15			(1.19	)(e)		—
Class I		21.59		(0.01	)		—		4.84			4.83		—			(1.87	)		—		(1.87	)		2.96			24.55		24.28	(i)		3,886		1.12			1.12			1.12			(0.16	)(e)		—
Class Y		22.73		0.02			0.06		5.06			5.14		—			(1.87	)		—		(1.87	)		3.27			26.00		24.44	(i)		194,096		0.91			0.91			0.91			0.09	(e)		—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		21.95		(0.07	)		—		3.95			3.88		—			—			—		—			3.88			25.83		17.68	(f)		181		1.84	(e)		1.65	(e)		1.65	(e)		(0.69	)%(e)		—
Class R4		21.95		(0.03	)		—		3.99			3.96		—			—			—		—			3.96			25.91		18.04	(f)		9,809		1.34	(e)		1.34	(e)		1.34	(e)		(0.54	)(e)		—
Class R5		21.95		(0.01	)		—		4.03			4.02		—			—			—		—			4.02			25.97		18.31	(f)		588		1.07	(e)		1.05	(e)		1.05	(e)		(0.38	)(e)		—
For the Year Ended October 31, 2006
Class A		18.45		(0.18	)		—		3.31			3.13		—			—			���		—			3.13			21.58		16.96			194,656		1.48			1.40			1.40			(0.87	)		170
Class B		17.20		(0.36	)		—		3.13			2.77		—			—			—		—			2.77			19.97		16.10			52,036		2.32			2.15			2.15			(1.62	)		—
Class C		17.22		(0.32	)		—		3.10			2.78		—			—			—		—			2.78			20.00		16.14			47,744		2.23			2.15			2.15			(1.62	)		—
Class Y		19.33		(0.06	)		—		3.46			3.40		—			—			—		—			3.40			22.73		17.59			108,770		0.95			0.95			0.95			(0.39	)		—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		20.70		(0.01	)		—		0.90			0.89		—			—			—		—			0.89			21.59		4.30	(f)		69		1.38	(e)		1.15	(e)		1.15	(e)		(0.58	)(e)		—
For the Year Ended October 31, 2005
Class A		15.09		(0.16	)		—		3.52			3.36		—			—			—		—			3.36			18.45		22.27			159,577		1.57			1.40			1.40			(0.88	)		104
Class B		14.17		(0.29	)		—		3.32			3.03		—			—			—		—			3.03			17.20		21.38			56,664		2.39			2.15			2.15			(1.63	)		—
Class C		14.19		(0.29	)		—		3.32			3.03		—			—			—		—			3.03			17.22		21.35			44,564		2.30			2.15			2.15			(1.63	)		—
Class Y		15.74		(0.07	)		—		3.66			3.59		—			—			—		—			3.59			19.33		22.81			43,274		0.97			0.97			0.97			(0.43	)		—
For the Year Ended October 31, 2004
Class A		14.28		(0.18	)		—		0.99			0.81		—			—			—		—			0.81			15.09		5.67			156,278		1.62			1.45			1.45			(1.15	)		142
Class B		13.51		(0.27	)		—		0.93			0.66		—			—			—		—			0.66			14.17		4.88			58,438		2.40			2.15			2.15			(1.85	)		—
Class C		13.52		(0.28	)		—		0.95			0.67		—			—			—		—			0.67			14.19		4.96			49,327		2.30			2.15			2.15			(1.85	)		—
Class Y		14.83		(0.06	)		—		0.97			0.91		—			—			—		—			0.91			15.74		6.14			15,731		0.99			0.99			0.99			(0.71	)		—
For the Year Ended October 31, 2003
Class A		9.93		(0.13	)		—		4.48			4.35		—			—			—		—			4.35			14.28		43.81			141,327		1.63			1.45			1.45			(1.19	)		179
Class B		9.46		(0.20	)		—		4.25			4.05		—			—			—		—			4.05			13.51		42.81			58,286		2.36			2.15			2.15			(1.89	)		—
Class C		9.47		(0.20	)		—		4.25			4.05		—			—			—		—			4.05			13.52		42.77			52,010		2.23			2.15			2.15			(1.88	)		—
Class Y		10.27		(0.09	)		—		4.65			4.56		—			—			—		—			4.56			14.83		44.40			14,472		1.05			1.00			1.00			(0.73	)		—

­ ­  376  ­ ­

	— Selected Per-Share Data (a) —																									— Ratios and Supplemental Data —
																															Ratio of			Ratio of			Ratio of
																															Expenses			Expenses			Expenses
																															to Average			to Average			to Average
								Net																							Net Assets			Net Assets			Net Assets
								Realized														Net									Before			After			After			Ratio of
								and							Distributions							Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from							(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized		Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital		from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains		Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford SmallCap Growth Fund
For the Year Ended October 31, 2007
Class A	$	31.32	$	(0.13	)	$	—	$	2.38	$	2.25	$	—		$	—	$	—	$	—		$	2.25	$	33.57		7.18	%(i)	$	162,102		1.62	%		1.31	%		1.31	%		(0.26	)%		105	%
Class B		28.12		(0.31	)		—		2.12		1.81		—			—		—		—			1.81		29.93		6.44	(i)		17,352		2.42			2.00			2.00			(0.95	)		—
Class C		28.07		(0.35	)		—		2.13		1.78		—			—		—		—			1.78		29.85		6.34	(i)		23,778		2.21			2.15			2.15			(1.10	)		—
Class I		31.33		(0.03	)		—		2.34		2.31		—			—		—		—			2.31		33.64		7.37	(i)		4,614		1.21			1.15			1.15			(0.17	)		—
Class L (k)		31.45		(0.13	)		—		2.46		2.33		—			—		—		—			2.33		33.78		7.41	(i)		137,702		1.17			1.15			1.15			(0.37	)		—
Class Y		31.95		0.02			—		2.41		2.43		—			—		—		—			2.43		34.38		7.61	(i)		46,466		0.93			0.93			0.93			0.12			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		32.34		(0.19	)		—		2.01		1.82		—			—		—		—			1.82		34.16		5.63	(f)		11		1.69	(e)		1.65	(e)		1.65	(e)		(0.65	)(e)		—
Class R4		32.34		(0.02	)		—		1.94		1.92		—			—		—		—			1.92		34.26		5.94	(f)		309		1.40	(e)		1.35	(e)		1.35	(e)		(0.43	)(e)		—
Class R5		32.34		(0.01	)		—		2.01		2.00		—			—		—		—			2.00		34.34		6.18	(f)		11		1.09	(e)		1.05	(e)		1.05	(e)		(0.05	)(e)		—
For the Year Ended October 31, 2006
Class A		28.30		(0.06	)		—		3.08		3.02		—			—		—		—			3.02		31.32		10.67			228,776		1.56			1.36			1.36			(0.30	)		86
Class B		25.57		(0.26	)		—		2.81		2.55		—			—		—		—			2.55		28.12		9.97			19,078		2.39			2.02			2.02			(0.95	)		—
Class C		25.56		(0.27	)		—		2.78		2.51		—			—		—		—			2.51		28.07		9.82			24,070		2.25			2.15			2.15			(1.08	)		—
Class L		28.36		(0.02	)		—		3.11		3.09		—			—		—		—			3.09		31.45		10.90			118,452		1.15			1.15			1.15			(0.08	)		—
Class Y		28.74		0.04			—		3.17		3.21		—			—		—		—			3.21		31.95		11.17			107,906		0.92			0.92			0.92			0.15			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		28.90		(0.01	)		—		2.44		2.43		—			—		—		—			2.43		31.33		8.41	(f)		239		1.28	(e)		1.15	(e)		1.15	(e)		(0.43	)(e)		—
For the Year Ended October 31, 2005
Class A		24.60		(0.15	)		—		3.85		3.70		—			—		—		—			3.70		28.30		15.04			66,403		1.62			1.40			1.40			(0.65	)		81
Class B		22.39		(0.32	)		—		3.50		3.18		—			—		—		—			3.18		25.57		14.20			16,230		2.51			2.15			2.15			(1.40	)		—
Class C		22.39		(0.28	)		—		3.45		3.17		—			—		—		—			3.17		25.56		14.16			15,668		2.33			2.15			2.15			(1.40	)		—
Class L		24.60		(0.13	)		—		3.89		3.76		—			—		—		—			3.76		28.36		15.28			119,114		1.21			1.21			1.21			(0.46	)		—
Class Y		24.88		(0.04	)		—		3.90		3.86		—			—		—		—			3.86		28.74		15.52			55,933		0.98			0.98			0.98			(0.23	)		—
For the Year Ended October 31, 2004
Class A		22.91		(0.15	)		—		1.84		1.69		—			—		—		—			1.69		24.60		7.38			42,962		1.77			1.45			1.45			(0.81	)		102
Class B		20.99		(0.28	)		—		1.68		1.40		—			—		—		—			1.40		22.39		6.67			11,930		2.59			2.15			2.15			(1.51	)		—
Class C		20.99		(0.27	)		—		1.67		1.40		—			—		—		—			1.40		22.39		6.67			10,140		2.38			2.15			2.15			(1.51	)		—
Class L		22.90		(0.19	)		—		1.89		1.70		—			—		—		—			1.70		24.60		7.42			114,266		1.43			1.43			1.43			(0.79	)		—
Class Y		23.06		(0.02	)		—		1.84		1.82		—			—		—		—			1.82		24.88		7.89			5,788		1.03			1.03			1.03			(0.47	)		—
For the Year Ended October 31, 2003
Class A		15.57		(0.09	)		—		7.43		7.34		—			—		—		—			7.34		22.91		47.14			17,544		1.61			1.45			1.45			(0.83	)		122
Class B		14.36		(0.15	)		—		6.78		6.63		—			—		—		—			6.63		20.99		46.17			6,571		2.31			2.15			2.15			(1.53	)		—
Class C		14.35		(0.16	)		—		6.80		6.64		—			—		—		—			6.64		20.99		46.27			5,076		2.22			2.15			2.15			(1.53	)		—
Class L		15.56		(0.15	)		—		7.49		7.34		—			—		—		—			7.34		22.90		47.17			112,621		1.50			1.45			1.45			(0.80	)		—
Class Y		15.61		(0.08	)		—		7.53		7.45		—			—		—		—			7.45		23.06		47.72			1		1.11			1.10			1.10			(0.46	)		—
The Hartford Stock Fund
For the Year Ended October 31, 2007
Class A		21.04		0.07			0.03		3.43		3.53		(0.10	)		—		—		(0.10	)		3.43		24.47		16.82	(i)		665,897		1.37			1.28			1.28			0.26			96
Class B		19.58		(0.19	)		0.04		3.26		3.11		—			—		—		—			3.11		22.69		15.88	(i)		170,341		2.20			2.11			2.11			(0.57	)		—
Class C		19.73		(0.12	)		0.03		3.25		3.16		—			—		—		—			3.16		22.89		16.02	(i)		149,640		2.03			1.98			1.98			(0.44	)		—
Class Y		21.95		0.43			0.06		3.32		3.81		(0.20	)		—		—		(0.20	)		3.61		25.56		17.45	(i)		73,535		0.81			0.76			0.76			0.82			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		22.66		(0.01	)		—		2.75		2.74		—			—		—		—			2.74		25.40		12.09	(f)		42		1.56	(e)		1.51	(e)		1.51	(e)		(0.18	)(e)		—
Class R4		22.66		0.06			—		2.75		2.81		—			—		—		—			2.81		25.47		12.40	(f)		44		1.25	(e)		1.20	(e)		1.20	(e)		0.29	(e)		—
Class R5		22.66		0.12			—		2.75		2.87		—			—		—		—			2.87		25.53		12.67	(f)		11		0.97	(e)		0.92	(e)		0.92	(e)		0.57	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		18.39		0.11			—		2.58		2.69		(0.04	)		—		—		(0.04	)		2.65		21.04		14.65			684,726		1.41			1.28			1.28			0.53			110
Class B		17.23		(0.05	)		—		2.40		2.35		—			—		—		—			2.35		19.58		13.64			223,639		2.23			2.12			2.12			(0.30	)		—
Class C		17.35		(0.04	)		—		2.42		2.38		—			—		—		—			2.38		19.73		13.72			161,554		2.08			2.03			2.03			(0.21	)		—
Class Y		19.18		0.21			—		2.70		2.91		(0.14	)		—		—		(0.14	)		2.77		21.95		15.21			131,759		0.83			0.78			0.78			1.03			—
For the Year Ended October 31, 2005
Class A		16.76		0.16			—		1.57		1.73		(0.10	)		—		—		(0.10	)		1.63		18.39		10.36			727,492		1.42			1.33			1.33			0.89			62
Class B		15.76		—			—		1.47		1.47		—			—		—		—			1.47		17.23		9.33			278,445		2.23			2.23			2.23			(0.02	)		—
Class C		15.84		0.04			—		1.47		1.51		—			—		—		—			1.51		17.35		9.53			182,587		2.09			2.09			2.09			0.17			—
Class Y		17.49		0.24			—		1.66		1.90		(0.21	)		—		—		(0.21	)		1.69		19.18		10.91			107,578		0.83			0.83			0.83			1.24			—

­ ­  377  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																														— Ratios and Supplemental Data —
																																				Ratio of			Ratio of			Ratio of
																																				Expenses			Expenses			Expenses
																																				to Average			to Average			to Average
								Net																												Net Assets			Net Assets			Net Assets
								Realized																		Net										Before			After			After			Ratio of
								and									Distributions									Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total			Dividends			from									(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from			from Net			Realized			Distributions						in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment			Investment			Capital			from			Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital			Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Stock Fund — (continued)
For the Year Ended October 31, 2004
Class A	$	16.21	$	0.03		$	—	$	0.52		$	0.55		$	—		$	—		$	—		$	—		$	0.55		$	16.76		3.39	%	$	952,606		1.42	%		1.42	%		1.42	%		0.18	%		29	%
Class B		15.35		(0.10	)		—		0.51			0.41			—			—			—			—			0.41			15.76		2.67			343,148		2.18			2.18			2.18			(0.59	)		—
Class C		15.41		(0.08	)		—		0.51			0.43			—			—			—			—			0.43			15.84		2.79			256,271		2.03			2.03			2.03			(0.44	)		—
Class Y		16.81		0.10			—		0.58			0.68			—			—			—			—			0.68			17.49		4.04			80,932		0.80			0.80			0.80			0.80			—
For the Year Ended October 31, 2003
Class A		13.73		0.04			—		2.44			2.48			—			—			—			—			2.48			16.21		18.06			976,663		1.47			1.45			1.45			0.26			37
Class B		13.10		(0.07	)		—		2.32			2.25			—			—			—			—			2.25			15.35		17.18			376,437		2.20			2.18			2.18			(0.47	)		—
Class C		13.13		(0.05	)		—		2.33			2.28			—			—			—			—			2.28			15.41		17.36			311,874		2.07			2.07			2.07			(0.36	)		—
Class Y		14.15		0.12			—		2.54			2.66			—			—			—			—			2.66			16.81		18.80			42,894		0.88			0.88			0.88			0.84			—
The Hartford Strategic Income Fund
From (date shares became available to the public) May 31, 2007, through October 31, 2007 (m)
Class A		9.90		0.29			—		(0.14	)		0.15			(0.30	)		—			—			(0.30	)		(0.15	)		9.75		1.53	(i)		42,949		1.01	(e)		0.46	(e)		0.46	(e)		7.15	(e)		40
Class B		9.90		0.26			—		(0.15	)		0.11			(0.26	)		—			—			(0.26	)		(0.15	)		9.75		1.21	(i)		2,644		1.80	(e)		1.25	(e)		1.25	(e)		6.42	(e)		—
Class C		9.90		0.27			—		(0.15	)		0.12			(0.26	)		—			—			(0.26	)		(0.14	)		9.76		1.31	(i)		17,275		1.81	(e)		1.26	(e)		1.26	(e)		6.47	(e)		—
Class I		9.90		0.31			—		(0.13	)		0.18			(0.31	)		—			—			(0.31	)		(0.13	)		9.77		1.84	(i)		11,212		0.82	(e)		0.27	(e)		0.27	(e)		7.49	(e)		—
From (commencement of operations) August 31, 2007, through October 31, 2007
Class Y		9.57		0.12			—		0.19			0.31			(0.12	)		—			—			(0.12	)		0.19			9.76		3.28	(i)		10,631		0.80	(e)		0.25	(e)		0.25	(e)		7.73	(e)		—
The Hartford Target Retirement 2010 Fund (g)
For the Year Ended October 31, 2007
Class A		9.65		0.28			—		1.01			1.29			(0.28	)		—			—			(0.28	)		1.01			10.66		13.55			7,547		1.81			0.50			0.50			2.46			56
Class B		9.65		0.21			—		0.99			1.20			(0.21	)		—			—			(0.21	)		0.99			10.64		12.61			533		2.66			1.25			1.25			1.91			—
Class C		9.64		0.21			—		1.00			1.21			(0.21	)		—			—			(0.21	)		1.00			10.64		12.68			743		2.59			1.25			1.25			2.08			—
Class Y		9.65		0.32			—		0.99			1.31			(0.30	)		—			—			(0.30	)		1.01			10.66		13.83			153		1.54			0.20			0.20			3.21			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		9.76		0.14			—		0.89			1.03			(0.13	)		—			—			(0.13	)		0.90			10.66		10.56	(f)		11		2.32	(e)		0.90	(e)		0.90	(e)		1.62	(e)		—
Class R4		9.76		0.16			—		0.89			1.05			(0.15	)		—			—			(0.15	)		0.90			10.66		10.88	(f)		442		1.97	(e)		0.60	(e)		0.60	(e)		2.03	(e)		—
Class R5		9.76		0.19			—		0.89			1.08			(0.17	)		—			—			(0.17	)		0.91			10.67		11.15	(f)		11		1.72	(e)		0.30	(e)		0.30	(e)		2.23	(e)		—
For the Year Ended October 31, 2006
Class A		9.82		0.47			—		0.22			0.69			(0.50	)		—			(0.36	)		(0.86	)		(0.17	)		9.65		7.43			1,618		8.32			0.54			0.54			2.01			10
Class B		9.82		0.34			—		0.27			0.61			(0.42	)		—			(0.36	)		(0.78	)		(0.17	)		9.65		6.58			226		9.17			1.29			1.29			1.24			—
Class C		9.82		0.40			—		0.21			0.61			(0.43	)		—			(0.36	)		(0.79	)		(0.18	)		9.64		6.53			475		9.13			1.30			1.30			1.63			—
Class Y		9.83		0.50			—		0.21			0.71			(0.53	)		—			(0.36	)		(0.89	)		(0.18	)		9.65		7.62			135		8.02			0.23			0.23			2.31			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.02			—		(0.20	)		(0.18	)		—			—			—			—			(0.18	)		9.82		(1.80	)(f)		11		0.65	(e)		0.49	(e)		0.49	(e)		2.53	(e)		12
Class B		10.00		0.01			—		(0.19	)		(0.18	)		—			—			—			—			(0.18	)		9.82		(1.80	)(f)		10		1.41	(e)		1.26	(e)		1.26	(e)		1.61	(e)		—
Class C		10.00		0.01			—		(0.19	)		(0.18	)		—			—			—			—			(0.18	)		9.82		(1.80	)(f)		10		1.41	(e)		1.27	(e)		1.27	(e)		1.60	(e)		—
Class Y		10.00		0.02			—		(0.19	)		(0.17	)		—			—			—			—			(0.17	)		9.83		(1.70	)(f)		10		0.32	(e)		0.21	(e)		0.21	(e)		2.65	(e)		—
The Hartford Target Retirement 2020 Fund (g)
For the Year Ended October 31, 2007
Class A		10.43		0.24			—		1.29			1.53			(0.24	)		(0.04	)		—			(0.28	)		1.25			11.68		14.95	(f)		17,710		1.25			0.51			0.51			1.64			16
Class B		10.42		0.18			—		1.27			1.45			(0.15	)		(0.04	)		—			(0.19	)		1.26			11.68		14.09	(f)		717		2.25			1.26			1.26			1.38			—
Class C		10.42		0.17			—		1.28			1.45			(0.16	)		(0.04	)		—			(0.20	)		1.25			11.67		14.10	(f)		649		2.07			1.26			1.26			1.47			—
Class Y		10.43		0.30			—		1.25			1.55			(0.26	)		(0.04	)		—			(0.30	)		1.25			11.68		15.20	(f)		12		0.94			0.21			0.21			2.71			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.55		0.08			—		1.11			1.19			(0.07	)		—			—			(0.07	)		1.12			11.67		11.32	(f)		11		1.72	(e)		0.91	(e)		0.91	(e)		0.86	(e)		—
Class R4		10.55		0.10			—		1.12			1.22			(0.10	)		—			—			(0.10	)		1.12			11.67		11.64	(f)		1,129		1.35	(e)		0.61	(e)		0.61	(e)		1.23	(e)		—
Class R5		10.55		0.14			—		1.11			1.25			(0.12	)		—			—			(0.12	)		1.13			11.68		11.91	(f)		11		1.12	(e)		0.31	(e)		0.31	(e)		1.46	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		9.79		0.13			—		0.86			0.99			(0.35	)		—			—			(0.35	)		0.64			10.43		10.37			2,125		9.85			0.53			0.53			1.35			19
Class B		9.78		0.04			—		0.88			0.92			(0.28	)		—			—			(0.28	)		0.64			10.42		9.56			291		10.69			1.29			1.29			0.39			—
Class C		9.78		0.04			—		0.88			0.92			(0.28	)		—			—			(0.28	)		0.64			10.42		9.58			337		10.62			1.30			1.30			0.41			—
Class Y		9.79		0.27			—		0.75			1.02			(0.38	)		—			—			(0.38	)		0.64			10.43		10.70			11		9.41			0.22			0.22			2.73			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.01			—		(0.22	)		(0.21	)		—			—			—			—			(0.21	)		9.79		(2.10	)(f)		144		0.66	(e)		0.51	(e)		0.51	(e)		2.77	(e)		28
Class B		10.00		0.01			—		(0.23	)		(0.22	)		—			—			—			—			(0.22	)		9.78		(2.20	)(f)		10		1.37	(e)		1.25	(e)		1.25	(e)		0.86	(e)		—
Class C		10.00		0.01			—		(0.23	)		(0.22	)		—			—			—			—			(0.22	)		9.78		(2.20	)(f)		10		1.37	(e)		1.26	(e)		1.26	(e)		0.85	(e)		—
Class Y		10.00		0.01			—		(0.22	)		(0.21	)		—			—			—			—			(0.21	)		9.79		(2.10	)(f)		10		0.29	(e)		0.20	(e)		0.20	(e)		1.91	(e)		—

­ ­  378  ­ ­

	— Selected Per-Share Data (a) —																														— Ratios and Supplemental Data —
																																				Ratio of			Ratio of			Ratio of
																																				Expenses			Expenses			Expenses
																																				to Average			to Average			to Average
								Net																												Net Assets			Net Assets			Net Assets
								Realized																		Net										Before			After			After			Ratio of
								and									Distributions									Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total			Dividends			from									(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from			from Net			Realized			Distributions						in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment			Investment			Capital			from			Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital			Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Target Retirement 2030 Fund (g)
For the Year Ended October 31, 2007
Class A	$	9.36	$	0.15		$	—	$	1.55		$	1.70		$	(0.13	)	$	(0.01	)	$	—		$	(0.14	)	$	1.56		$	10.92		18.34	%	$	15,260		1.45	%		0.54	%		0.54	%		0.75	%		23	%
Class B		9.36		0.08			—		1.55			1.63			(0.08	)		(0.01	)		—			(0.09	)		1.54			10.90		17.53			522		2.58			1.17			1.17			0.83			—
Class C		9.37		0.07			—		1.55			1.62			(0.09	)		(0.01	)		—			(0.10	)		1.52			10.89		17.44			405		2.48			1.26			1.26			0.21			—
Class Y		9.36		0.19			—		1.54			1.73			(0.13	)		(0.01	)		—			(0.14	)		1.59			10.95		18.60			38		1.12			0.24			0.24			1.90			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		9.53		(0.01	)		—		1.36			1.35			—			—			—			—			1.35			10.88		14.17	(f)		11		1.90	(e)		0.94	(e)		0.94	(e)		(0.06	)(e)		—
Class R4		9.53		—			—		1.38			1.38			—			—			—			—			1.38			10.91		14.48	(f)		640		1.54	(e)		0.64	(e)		0.64	(e)		0.29	(e)		—
Class R5		9.53		0.05			—		1.35			1.40			—			—			—			—			1.40			10.93		14.69	(f)		11		1.30	(e)		0.34	(e)		0.34	(e)		0.54	(e)		—
For the Year Ended October 31, 2006 (h)
Class A		9.75		0.03			—		0.87			0.90			(0.49	)		—			(0.80	)		(1.29	)		(0.39	)		9.36		10.00			1,857		14.20			0.53			0.53			0.37			19
Class B		9.74		(0.02	)		—		0.86			0.84			(0.42	)		—			(0.80	)		(1.22	)		(0.38	)		9.36		9.22			305		15.05			1.24			1.24			(0.28	)		—
Class C		9.74		—			—		0.85			0.85			(0.42	)		—			(0.80	)		(1.22	)		(0.37	)		9.37		9.35			81		15.18			1.10			1.10			—			—
Class Y		9.75		0.10			—		0.84			0.94			(0.53	)		—			(0.80	)		(1.33	)		(0.39	)		9.36		10.40			32		13.67			0.21			0.21			1.10			—
From (commencement of operations) September 30, 2005, through October 31, 2005
Class A		10.00		0.01			—		(0.26	)		(0.25	)		—			—			—			—			(0.25	)		9.75		(2.50	)(f)		10		0.69	(e)		0.48	(e)		0.48	(e)		0.76	(e)		14
Class B		10.00		—			—		(0.26	)		(0.26	)		—			—			—			—			(0.26	)		9.74		(2.60	)(f)		10		1.39	(e)		1.24	(e)		1.24	(e)		—	(e)		—
Class C		10.00		—			—		(0.26	)		(0.26	)		—			—			—			—			(0.26	)		9.74		(2.60	)(f)		9		1.39	(e)		1.24	(e)		1.24	(e)		—	(e)		—
Class Y		10.00		0.01			—		(0.26	)		(0.25	)		—			—			—			—			(0.25	)		9.75		(2.50	)(f)		10		0.34	(e)		0.19	(e)		0.19	(e)		1.05	(e)		—
The Hartford Tax-Free California Fund
For the Year Ended October 31, 2007
Class A		10.55		0.41			—		(0.39	)		0.02			(0.41	)		—			—			(0.41	)		(0.39	)		10.16		0.16			37,646		0.92			0.85			0.85			3.96			35
Class B		10.54		0.33			—		(0.39	)		(0.06	)		(0.33	)		—			—			(0.33	)		(0.39	)		10.15		(0.58	)		1,932		1.70			1.60			1.60			3.20			—
Class C		10.56		0.33			—		(0.39	)		(0.06	)		(0.33	)		—			—			(0.33	)		(0.39	)		10.17		(0.58	)		5,153		1.70			1.60			1.60			3.21			—
For the Year Ended October 31, 2006
Class A		10.32		0.38			—		0.24			0.62			(0.38	)		(0.01	)		—			(0.39	)		0.23			10.55		6.13			24,796		0.99			0.90			0.90			3.71			2
Class B		10.31		0.30			—		0.24			0.54			(0.30	)		(0.01	)		—			(0.31	)		0.23			10.54		5.34			1,571		1.77			1.65			1.65			2.96			—
Class C		10.33		0.30			—		0.24			0.54			(0.30	)		(0.01	)		—			(0.31	)		0.23			10.56		5.33			3,435		1.78			1.65			1.65			2.95			—
For the Year Ended October 31, 2005
Class A		10.32		0.38			—		—			0.38			(0.38	)		—			—			(0.38	)		—			10.32		3.69			15,601		1.02			0.90			0.90			3.64			31
Class B		10.31		0.29			—		0.01			0.30			(0.30	)		—			—			(0.30	)		—			10.31		2.92			1,305		1.80			1.65			1.65			2.90			—
Class C		10.33		0.29			—		0.01			0.30			(0.30	)		—			—			(0.30	)		—			10.33		2.91			1,937		1.80			1.65			1.65			2.90			—
For the Year Ended October 31, 2004
Class A		9.93		0.38			—		0.41			0.79			(0.40	)		—			—			(0.40	)		0.39			10.32		8.15			14,846		1.03			0.95			0.95			3.85			41
Class B		9.92		0.34			—		0.38			0.72			(0.33	)		—			—			(0.33	)		0.39			10.31		7.40			1,017		1.84			1.65			1.65			3.12			—
Class C		9.93		0.32			—		0.41			0.73			(0.33	)		—			—			(0.33	)	��	0.40			10.33		7.49			1,448		1.85			1.65			1.65			3.06			—
From inception October 31, 2002, through October 31, 2003
Class A		10.00		0.37			—		(0.07	)		0.30			(0.37	)		—			—			(0.37	)		(0.07	)		9.93		3.06	(f)		10,799		1.57	(e)		0.95	(e)		0.95	(e)		3.73	(e)		64
Class B		10.00		0.30			—		(0.08	)		0.22			(0.30	)		—			—			(0.30	)		(0.08	)		9.92		2.23	(f)		1,827		2.32	(e)		1.65	(e)		1.65	(e)		3.07	(e)		—
Class C		10.00		0.30			—		(0.07	)		0.23			(0.30	)		—			—			(0.30	)		(0.07	)		9.93		2.34	(f)		1,230		2.18	(e)		1.65	(e)		1.65	(e)		3.02	(e)		—
The Hartford Tax-Free Minnesota Fund
For the Year Ended October 31, 2007
Class A		10.33		0.41			—		(0.33	)		0.08			(0.41	)		(0.06	)		—			(0.47	)		(0.39	)		9.94		0.80			9,923		1.19			0.85			0.85			4.06			18
Class B		10.35		0.33			—		(0.32	)		0.01			(0.34	)		(0.06	)		—			(0.40	)		(0.39	)		9.96		0.05			759		1.96			1.60			1.60			3.30			—
Class C		10.37		0.33			—		(0.34	)		(0.01	)		(0.34	)		(0.06	)		—			(0.40	)		(0.41	)		9.96		(0.09	)		561		1.92			1.60			1.60			3.32			—
Class L (j)		10.37		0.43			—		(0.35	)		0.08			(0.41	)		(0.06	)		—			(0.47	)		(0.39	)		9.98		0.75			2,933		1.11			0.90			0.90			4.29			—
Class Y (j)		10.34		0.42			—		(0.33	)		0.09			(0.43	)		(0.06	)		—			(0.49	)		(0.40	)		9.94		0.84			21,965		0.86			0.71			0.71			4.35			—
For the Year Ended October 31, 2006
Class A		10.22		0.41			—		0.13			0.54			(0.41	)		(0.02	)		—			(0.43	)		0.11			10.33		5.35			6,846		1.23			0.85			0.85			3.97			16
Class B		10.23		0.33			—		0.14			0.47			(0.33	)		(0.02	)		—			(0.35	)		0.12			10.35		4.65			804		1.98			1.57			1.57			3.25			—
Class C		10.25		0.33			—		0.14			0.47			(0.33	)		(0.02	)		—			(0.35	)		0.12			10.37		4.65			411		1.96			1.57			1.57			3.25			—
Class L		10.25		0.40			—		0.14			0.54			(0.40	)		(0.02	)		—			(0.42	)		0.12			10.37		5.38			2,648		1.11			0.87			0.87			3.95			—
Class Y		10.22		0.41			—		0.14			0.55			(0.41	)		(0.02	)		—			(0.43	)		0.12			10.34		5.44			11		0.88			0.83			0.83			3.99			—
For the Year Ended October 31, 2005 (h)
Class A		10.44		0.39			—		(0.22	)		0.17			(0.39	)		—			—			(0.39	)		(0.22	)		10.22		1.66			5,547		1.26			0.85			0.85			3.76			10
Class B		10.45		0.31			—		(0.21	)		0.10			(0.32	)		—			—			(0.32	)		(0.22	)		10.23		0.91			814		2.02			1.60			1.60			3.01			—
Class C		10.46		0.32			—		(0.21	)		0.11			(0.32	)		—			—			(0.32	)		(0.21	)		10.25		1.01			418		2.03			1.60			1.60			3.02			—
Class L		10.47		0.39			—		(0.22	)		0.17			(0.39	)		—			—			(0.39	)		(0.22	)		10.25		1.62			2,890		1.12			0.90			0.90			3.70			—
Class Y		10.44		0.40			—		(0.23	)		0.17			(0.39	)		—			—			(0.39	)		(0.22	)		10.22		1.66			10		0.90			0.90			0.90			3.83			—

­ ­  379  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																												— Ratios and Supplemental Data —
																																		Ratio of			Ratio of			Ratio of
																																		Expenses			Expenses			Expenses
																																		to Average			to Average			to Average
							Net																											Net Assets			Net Assets			Net Assets
							Realized																	Net										Before			After			After			Ratio of
							and									Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net		Payments		Unrealized			Total			Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment		from		Gain			from			from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income		(to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Tax-Free Minnesota Fund — (continued)
For the Year Ended October 31, 2004
Class A	$	10.46	$	0.41	$	—	$	0.24		$	0.65		$	(0.40	)	$	(0.27	)	$	—	$	(0.67	)	$	(0.02	)	$	10.44		6.37	%	$	4,286		1.27	%		0.98	%		0.98	%		3.87	%		13	%
Class B		10.46		0.33		—		0.25			0.58			(0.32	)		(0.27	)		—		(0.59	)		(0.01	)		10.45		5.71			645		1.99			1.68			1.68			3.16			—
Class C		10.48		0.33		—		0.24			0.57			(0.32	)		(0.27	)		—		(0.59	)		(0.02	)		10.46		5.60			321		1.98			1.69			1.69			3.15			—
Class L		10.49		0.41		—		0.24			0.65			(0.40	)		(0.27	)		—		(0.67	)		(0.02	)		10.47		6.41			2,765		1.07			0.96			0.96			3.88			—
Class Y		10.47		0.43		—		0.24			0.67			(0.43	)		(0.27	)		—		(0.70	)		(0.03	)		10.44		6.58			1		0.85			0.85			0.85			4.07			—
For the Year Ended October 31, 2003 (h)
Class A		10.46		0.38		—		0.05			0.43			(0.38	)		(0.05	)		—		(0.43	)		—			10.46		4.23			3,242		1.50			1.15			1.15			3.58			17
Class B		10.47		0.31		—		0.04			0.35			(0.31	)		(0.05	)		—		(0.36	)		(0.01	)		10.46		3.42			532		2.21			1.85			1.85			2.88			—
Class C		10.48		0.31		—		0.05			0.36			(0.31	)		(0.05	)		—		(0.36	)		—			10.48		3.51			414		2.09			1.85			1.85			2.88			—
Class L		10.49		0.39		—		0.05			0.44			(0.39	)		(0.05	)		—		(0.44	)		—			10.49		4.34			2,922		1.07			1.05			1.05			3.67			—
Class Y		10.49		0.40		—		0.06			0.46			(0.43	)		(0.05	)		—		(0.48	)		(0.02	)		10.47		4.50			1		0.91			0.80			0.80			3.82			—
The Hartford Tax-Free National Fund
For the Year Ended October 31, 2007
Class A		11.34		0.47		—		(0.44	)		0.03			(0.46	)		(0.03	)		—		(0.49	)		(0.46	)		10.88		0.30			115,459		1.15			0.85			0.85			4.20			43
Class B		11.26		0.38		—		(0.43	)		(0.05	)		(0.38	)		(0.03	)		—		(0.41	)		(0.46	)		10.80		(0.45	)		6,839		1.95			1.60			1.60			3.43			—
Class C		11.29		0.38		—		(0.43	)		(0.05	)		(0.38	)		(0.03	)		—		(0.41	)		(0.46	)		10.83		(0.45	)		22,467		1.90			1.60			1.60			3.45			—
Class L (j)		11.31		0.48		—		(0.45	)		0.03			(0.46	)		(0.03	)		—		(0.49	)		(0.46	)		10.85		0.28			8,380		1.10			0.86			0.86			4.31			—
Class Y (j)		11.32		0.51		—		(0.46	)		0.05			(0.48	)		(0.03	)		—		(0.51	)		(0.46	)		10.86		0.48			26,275		0.85			0.65			0.65			4.78			—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		11.17		0.21		—		(0.27	)		(0.06	)		(0.21	)		—			—		(0.21	)		(0.27	)		10.90		(0.54	)(i)		3,505		0.87	(e)		0.60	(e)		0.60	(e)		4.81	(e)		—
For the Year Ended October 31, 2006
Class A		11.13		0.45		—		0.29			0.74			(0.45	)		(0.08	)		—		(0.53	)		0.21			11.34		6.82			71,876		1.22			1.00			1.00			4.06			14
Class B		11.06		0.37		—		0.28			0.65			(0.37	)		(0.08	)		—		(0.45	)		0.20			11.26		5.97			6,746		2.00			1.75			1.75			3.31			—
Class C		11.09		0.37		—		0.28			0.65			(0.37	)		(0.08	)		—		(0.45	)		0.20			11.29		5.95			12,889		1.97			1.75			1.75			3.31			—
Class L		11.10		0.44		—		0.29			0.73			(0.44	)		(0.08	)		—		(0.52	)		0.21			11.31		6.77			7,606		1.14			1.05			1.05			4.01			—
Class Y		11.11		0.46		—		0.29			0.75			(0.46	)		(0.08	)		—		(0.54	)		0.21			11.32		6.91			11		0.91			0.89			0.89			4.17			—
For the Year Ended October 31, 2005 (h)
Class A		11.22		0.43		—		(0.09	)		0.34			(0.43	)		—			—		(0.43	)		(0.09	)		11.13		3.10			46,163		1.26			1.00			1.00			3.88			22
Class B		11.15		0.35		—		(0.09	)		0.26			(0.35	)		—			—		(0.35	)		(0.09	)		11.06		2.36			6,889		2.03			1.75			1.75			3.13			—
Class C		11.18		0.35		—		(0.09	)		0.26			(0.35	)		—			—		(0.35	)		(0.09	)		11.09		2.35			8,496		1.99			1.75			1.75			3.13			—
Class L		11.19		0.43		—		(0.09	)		0.34			(0.43	)		—			—		(0.43	)		(0.09	)		11.10		3.06			7,958		1.16			1.05			1.05			3.83			—
Class Y		11.20		0.45		—		(0.10	)		0.35			(0.44	)		—			—		(0.44	)		(0.09	)		11.11		3.20			10		0.95			0.95			0.95			4.04			—
For the Year Ended October 31, 2004
Class A		11.07		0.45		—		0.32			0.77			(0.45	)		(0.17	)		—		(0.62	)		0.15			11.22		7.10			35,210		1.30			1.08			1.08			4.04			18
Class B		11.00		0.37		—		0.32			0.69			(0.37	)		(0.17	)		—		(0.54	)		0.15			11.15		6.39			6,236		2.01			1.78			1.78			3.32			—
Class C		11.02		0.37		—		0.33			0.70			(0.37	)		(0.17	)		—		(0.54	)		0.16			11.18		6.47			8,357		1.98			1.78			1.78			3.33			—
Class L		11.04		0.44		—		0.33			0.77			(0.45	)		(0.17	)		—		(0.62	)		0.15			11.19		7.12			7,687		1.15			1.08			1.08			4.02			—
Class Y		11.06		0.47		—		0.32			0.79			(0.48	)		(0.17	)		—		(0.65	)		0.14			11.20		7.36			1		0.91			0.91			0.91			4.23			—
For the Year Ended October 31, 2003
Class A		11.28		0.41		—		0.04			0.45			(0.41	)		(0.25	)		—		(0.66	)		(0.21	)		11.07		4.18			21,457		1.61			1.15			1.15			3.75			35
Class B		11.21		0.33		—		0.04			0.37			(0.33	)		(0.25	)		—		(0.58	)		(0.21	)		11.00		3.43			6,598		2.33			1.85			1.85			3.05			—
Class C		11.23		0.33		—		0.04			0.37			(0.33	)		(0.25	)		—		(0.58	)		(0.21	)		11.02		3.42			7,588		2.21			1.85			1.85			3.06			—
Class L		11.25		0.42		—		0.04			0.46			(0.42	)		(0.25	)		—		(0.67	)		(0.21	)		11.04		4.24			7,454		1.18			1.10			1.10			3.76			—
Class Y		11.28		0.45		—		0.04			0.49			(0.46	)		(0.25	)		—		(0.71	)		(0.22	)		11.06		4.53			1		1.17			0.85			0.85			4.06			—
The Hartford Tax-Free New York Fund
For the Year Ended October 31, 2007
Class A		10.53		0.40		—		(0.33	)		0.07			(0.40	)		(0.06	)		—		(0.46	)		(0.39	)		10.14		0.65			11,276		0.97			0.85			0.85			3.90			18
Class B		10.53		0.32		—		(0.33	)		(0.01	)		(0.32	)		(0.06	)		—		(0.38	)		(0.39	)		10.14		(0.10	)		1,677		1.74			1.60			1.60			3.14			—
Class C		10.53		0.32		—		(0.33	)		(0.01	)		(0.32	)		(0.06	)		—		(0.38	)		(0.39	)		10.14		(0.09	)		2,669		1.73			1.60			1.60			3.15			—
For the Year Ended October 31, 2006
Class A		10.32		0.39		—		0.23			0.62			(0.39	)		(0.02	)		—		(0.41	)		0.21			10.53		6.21			11,182		1.03			0.85			0.85			3.78			25
Class B		10.32		0.31		—		0.24			0.55			(0.32	)		(0.02	)		—		(0.34	)		0.21			10.53		5.41			1,808		1.79			1.60			1.60			3.03			—
Class C		10.32		0.32		—		0.23			0.55			(0.32	)		(0.02	)		—		(0.34	)		0.21			10.53		5.41			2,492		1.78			1.60			1.60			3.03			—
For the Year Ended October 31, 2005
Class A		10.42		0.36		—		(0.08	)		0.28			(0.36	)		(0.02	)		—		(0.38	)		(0.10	)		10.32		2.66			11,202		1.03			0.85			0.85			3.45			23
Class B		10.42		0.28		—		(0.08	)		0.20			(0.28	)		(0.02	)		—		(0.30	)		(0.10	)		10.32		1.90			1,794		1.80			1.60			1.60			2.70			—
Class C		10.42		0.28		—		(0.08	)		0.20			(0.28	)		(0.02	)		—		(0.30	)		(0.10	)		10.32		1.90			2,677		1.79			1.60			1.60			2.70			—

­ ­  380  ­ ­

	— Selected Per-Share Data (a) —																												— Ratios and Supplemental Data —
																																		Ratio of			Ratio of			Ratio of
																																		Expenses			Expenses			Expenses
																																		to Average			to Average			to Average
							Net																											Net Assets			Net Assets			Net Assets
							Realized																	Net										Before			After			After			Ratio of
							and									Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net		Payments		Unrealized			Total			Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment		from		Gain			from			from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income		(to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Tax-Free New York Fund — (continued)
For the Year Ended October 31, 2004
Class A	$	10.15	$	0.37	$	—	$	0.37		$	0.74		$	(0.39	)	$	(0.08	)	$	—	$	(0.47	)	$	0.27		$	10.42		7.52	%	$	10,541		1.04	%		0.91	%		0.91	%		3.66	%		24	%
Class B		10.15		0.30		—		0.37			0.67			(0.32	)		(0.08	)		—		(0.40	)		0.27			10.42		6.76			1,568		1.74			1.61			1.61			2.96			—
Class C		10.15		0.30		—		0.37			0.67			(0.32	)		(0.08	)		—		(0.40	)		0.27			10.42		6.76			1,973		1.75			1.62			1.62			2.95			—
From inception October 31, 2002, through October 31, 2003
Class A		10.00		0.34		—		0.16			0.50			(0.35	)		—			—		(0.35	)		0.15			10.15		5.03	(f)		8,602		1.63	(e)		0.95	(e)		0.95	(e)		3.34	(e)		54
Class B		10.00		0.27		—		0.16			0.43			(0.28	)		—			—		(0.28	)		0.15			10.15		4.30	(f)		1,051		2.38	(e)		1.65	(e)		1.65	(e)		2.64	(e)		—
Class C		10.00		0.27		—		0.16			0.43			(0.28	)		—			—		(0.28	)		0.15			10.15		4.30	(f)		1,393		2.26	(e)		1.65	(e)		1.65	(e)		2.67	(e)		—
The Hartford Total Return Bond Fund
For the Year Ended October 31, 2007
Class A		10.59		0.49		—		(0.06	)		0.43			(0.50	)		—			—		(0.50	)		(0.07	)		10.52		4.11			601,301		1.07			1.00			1.00			4.71			268
Class B		10.54		0.41		—		(0.06	)		0.35			(0.42	)		—			—		(0.42	)		(0.07	)		10.47		3.36			82,376		1.96			1.75			1.75			3.95			—
Class C		10.61		0.42		—		(0.07	)		0.35			(0.42	)		—			—		(0.42	)		(0.07	)		10.54		3.33			84,793		1.78			1.75			1.75			3.95			—
Class I		10.60		0.53		—		(0.07	)		0.46			(0.54	)		—			—		(0.54	)		(0.08	)		10.52		4.42			3,050		0.72			0.72			0.72			5.04			—
Class Y		10.71		0.54		—		(0.07	)		0.47			(0.54	)		—			—		(0.54	)		(0.07	)		10.64		4.46			359,523		0.61			0.61			0.61			5.09			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		10.76		0.41		—		(0.14	)		0.27			(0.39	)		—			—		(0.39	)		(0.12	)		10.64		2.59	(f)		10		1.38	(e)		1.25	(e)		1.25	(e)		4.47	(e)		—
Class R4		10.76		0.42		—		(0.12	)		0.30			(0.41	)		—			—		(0.41	)		(0.11	)		10.65		2.90	(f)		2,928		1.09	(e)		1.00	(e)		1.00	(e)		4.95	(e)		—
Class R5		10.76		0.43		—		(0.12	)		0.31			(0.43	)		—			—		(0.43	)		(0.12	)		10.64		2.97	(f)		141		0.79	(e)		0.79	(e)		0.79	(e)		5.09	(e)		—
For the Year Ended October 31, 2006
Class A		10.62		0.41		—		0.04			0.45			(0.42	)		(0.06	)		—		(0.48	)		(0.03	)		10.59		4.35			432,703		1.20			1.20			1.20			3.98			456
Class B		10.57		0.33		—		0.04			0.37			(0.34	)		(0.06	)		—		(0.40	)		(0.03	)		10.54		3.56			79,506		2.02			1.95			1.95			3.20			—
Class C		10.64		0.34		—		0.03			0.37			(0.34	)		(0.06	)		—		(0.40	)		(0.03	)		10.61		3.63			75,194		1.87			1.87			1.87			3.29			—
Class Y		10.73		0.47		—		0.04			0.51			(0.47	)		(0.06	)		—		(0.53	)		(0.02	)		10.71		4.89			285,255		0.70			0.70			0.70			4.48			—
From (commencement of operations) August 31, 2006, through October 31, 2006
Class I		10.51		0.08		—		0.09			0.17			(0.08	)		—			—		(0.08	)		0.09			10.60		1.58	(f)		38		1.01	(e)		0.91	(e)		0.91	(e)		4.78	(e)		—
For the Year Ended October 31, 2005
Class A		10.95		0.35		—		(0.24	)		0.11			(0.40	)		(0.04	)		—		(0.44	)		(0.33	)		10.62		1.00			311,557		1.24			1.20			1.20			3.24			195
Class B		10.90		0.27		—		(0.24	)		0.03			(0.32	)		(0.04	)		—		(0.36	)		(0.33	)		10.57		0.25			81,028		2.00			1.95			1.95			2.49			—
Class C		10.97		0.29		—		(0.25	)		0.04			(0.33	)		(0.04	)		—		(0.37	)		(0.33	)		10.64		0.34			74,039		1.87			1.87			1.87			2.56			—
Class Y		11.06		0.40		—		(0.24	)		0.16			(0.45	)		(0.04	)		—		(0.49	)		(0.33	)		10.73		1.45			188,156		0.73			0.73			0.73			3.73			—
For the Year Ended October 31, 2004
Class A		11.14		0.32		—		0.21			0.53			(0.35	)		(0.37	)		—		(0.72	)		(0.19	)		10.95		5.10	(i)		298,903		1.27			1.25			1.25			2.98			171
Class B		11.09		0.24		—		0.22			0.46			(0.28	)		(0.37	)		—		(0.65	)		(0.19	)		10.90		4.37	(i)		91,861		1.97			1.95			1.95			2.28			—
Class C		11.12		0.26		0.01		0.23			0.50			(0.28	)		(0.37	)		—		(0.65	)		(0.15	)		10.97		4.76	(i)		89,504		1.86			1.86			1.86			2.37			—
Class Y		11.24		0.39		—		0.21			0.60			(0.41	)		(0.37	)		—		(0.78	)		(0.18	)		11.06		5.64			101,360		0.74			0.74			0.74			3.48			—
For the Year Ended October 31, 2003
Class A		10.78		0.49		—		0.48			0.97			(0.50	)		(0.11	)		—		(0.61	)		0.36			11.14		9.16			268,655		1.40			1.25			1.25			3.39			199
Class B		10.73		0.42		—		0.47			0.89			(0.42	)		(0.11	)		—		(0.53	)		0.36			11.09		8.44			106,077		2.13			1.95			1.95			2.70			—
Class C		10.77		0.42		—		0.46			0.88			(0.42	)		(0.11	)		—		(0.53	)		0.35			11.12		8.31			110,214		2.01			1.95			1.95			2.71			—
Class Y		10.87		0.53		—		0.50			1.03			(0.55	)		(0.11	)		—		(0.66	)		0.37			11.24		9.68			60,125		0.81			0.80			0.80			3.82			—
The Hartford U.S. Government Securities Fund
For the Year Ended October 31, 2007
Class A		9.23		0.44		—		(0.17	)		0.27			(0.44	)		—			—		(0.44	)		(0.17	)		9.06		3.00			54,414		1.20			1.00			1.00			4.85			68
Class B		9.18		0.38		—		(0.17	)		0.21			(0.37	)		—			—		(0.37	)		(0.16	)		9.02		2.38			13,837		2.07			1.71			1.71			4.14			—
Class C		9.18		0.37		—		(0.16	)		0.21			(0.37	)		—			—		(0.37	)		(0.16	)		9.02		2.35			14,488		1.87			1.75			1.75			4.10			—
Class L (j)		9.22		0.46		—		(0.18	)		0.28			(0.45	)		—			—		(0.45	)		(0.17	)		9.05		3.08			31,681		0.93			0.91			0.91			5.02			—
Class Y (j)		9.20		0.46		—		(0.13	)		0.33			(0.45	)		—			—		(0.45	)		(0.12	)		9.08		3.72			78,906		0.68			0.68			0.68			5.65			—
For the Year Ended October 31, 2006 (h)
Class A		9.32		0.42		—		(0.08	)		0.34			(0.43	)		—			—		(0.43	)		(0.09	)		9.23		3.77			45,851		1.39			1.15			1.15			4.60			158
Class B		9.27		0.35		—		(0.08	)		0.27			(0.36	)		—			—		(0.36	)		(0.09	)		9.18		3.01			17,011		2.20			1.91			1.91			3.84			—
Class C		9.27		0.35		—		(0.08	)		0.27			(0.36	)		—			—		(0.36	)		(0.09	)		9.18		3.01			9,698		2.08			1.90			1.90			3.86			—
Class L		9.31		0.43		—		(0.08	)		0.35			(0.44	)		—			—		(0.44	)		(0.09	)		9.22		3.86			30,712		1.08			1.08			1.08			4.67			—
Class Y		9.32		0.41		—		(0.07	)		0.34			(0.46	)		—			—		(0.46	)		(0.12	)		9.20		3.75			101		0.85			0.83			0.83			4.86			—
For the Year Ended October 31, 2005
Class A		9.65		0.40		—		(0.32	)		0.08			(0.41	)		—			—		(0.41	)		(0.33	)		9.32		0.79			47,252		1.38			1.15			1.15			4.17			108
Class B		9.62		0.32		—		(0.34	)		(0.02	)		(0.33	)		—			—		(0.33	)		(0.35	)		9.27		(0.17	)		21,268		2.17			1.90			1.90			3.41			—
Class C		9.61		0.32		—		(0.33	)		(0.01	)		(0.33	)		—			—		(0.33	)		(0.34	)		9.27		(0.07	)		9,631		2.05			1.90			1.90			3.41			—
Class L		9.65		0.41		—		(0.34	)		0.07			(0.41	)		—			—		(0.41	)		(0.34	)		9.31		0.77			34,880		1.08			1.08			1.08			4.24			—
Class Y		9.66		0.41		—		(0.31	)		0.10			(0.44	)		—			—		(0.44	)		(0.34	)		9.32		1.04			9,244		0.86			0.86			0.86			4.52			—

­ ­  381  ­ ­

Hartford Mutual Funds, Inc. and Hartford Mutual Funds II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data (a) —																												— Ratios and Supplemental Data —
																																		Ratio of			Ratio of			Ratio of
																																		Expenses			Expenses			Expenses
																																		to Average			to Average			to Average
								Net																										Net Assets			Net Assets			Net Assets
								Realized																Net										Before			After			After			Ratio of
								and								Distributions								Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized			Total		Dividends			from								(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain			from		from Net			Realized			Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on			Investment		Investment			Capital			from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations		Income			Gains			Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford U.S. Government Securities Fund — (continued)
For the Year Ended October 31, 2004
Class A	$	9.67	$	0.40		$	—	$	(0.01	)	$	0.39	$	(0.41	)	$	—		$	—	$	(0.41	)	$	(0.02	)	$	9.65		4.08	%	$	53,401		1.38	%		1.20	%		1.20	%		4.09	%		110	%
Class B		9.64		0.32			—		—			0.32		(0.34	)		—			—		(0.34	)		(0.02	)		9.62		3.37			26,218		2.11			1.90			1.90			3.39			—
Class C		9.63		0.32			—		—			0.32		(0.34	)		—			—		(0.34	)		(0.02	)		9.61		3.37			13,926		2.00			1.90			1.90			3.38			—
Class L		9.67		0.41			—		(0.01	)		0.40		(0.42	)		—			—		(0.42	)		(0.02	)		9.65		4.24			38,613		1.04			1.04			1.04			4.26			—
Class Y		9.68		0.44			—		(0.02	)		0.42		(0.44	)		—			—		(0.44	)		(0.02	)		9.66		4.48			1		0.83			0.83			0.83			4.51			—
For the Year Ended October 31, 2003
Class A		9.88		0.41			—		(0.21	)		0.20		(0.41	)		—			—		(0.41	)		(0.21	)		9.67		2.06			65,337		1.48			1.20			1.20			4.11			108
Class B		9.84		0.33			—		(0.19	)		0.14		(0.34	)		—			—		(0.34	)		(0.20	)		9.64		1.45			38,210		2.21			1.90			1.90			3.41			—
Class C		9.84		0.33			—		(0.20	)		0.13		(0.34	)		—			—		(0.34	)		(0.21	)		9.63		1.34			26,626		2.07			1.90			1.90			3.43			—
Class L		9.87		0.42			—		(0.19	)		0.23		(0.43	)		—			—		(0.43	)		(0.20	)		9.67		2.32			43,202		1.06			1.06			1.06			4.24			—
Class Y		9.89		0.45			—		(0.20	)		0.25		(0.46	)		—			—		(0.46	)		(0.21	)		9.68		2.51			1		0.87			0.80			0.80			4.50			—
The Hartford Value Fund
For the Year Ended October 31, 2007
Class A		12.91		0.12			—		1.89			2.01		—			(0.79	)		—		(0.79	)		1.22			14.13		16.61	(i)		89,023		1.32			1.32			1.32			0.89			32
Class B		12.71		0.01			—		1.85			1.86		—			(0.79	)		—		(0.79	)		1.07			13.78		15.63	(i)		12,976		2.23			2.15			2.15			0.07			—
Class C		12.71		0.02			—		1.84			1.86		—			(0.79	)		—		(0.79	)		1.07			13.78		15.63	(i)		13,710		2.09			2.09			2.09			0.13			—
Class Y		12.91		0.09			—		1.97			2.06		(0.09	)		(0.79	)		—		(0.88	)		1.18			14.09		17.07	(i)		301,813		0.89			0.89			0.89			1.30			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		12.51		0.05			—		1.44			1.49		—			—			—		—			1.49			14.00		11.91	(f)		11		1.65	(e)		1.65	(e)		1.65	(e)		0.47	(e)		—
Class R4		12.51		0.09			—		1.43			1.52		—			—			—		—			1.52			14.03		12.15	(f)		11		1.35	(e)		1.35	(e)		1.35	(e)		0.78	(e)		—
Class R5		12.51		0.12			—		1.44			1.56		—			—			—		—			1.56			14.07		12.47	(f)		11		1.05	(e)		1.05	(e)		1.05	(e)		1.07	(e)		—
From (commencement of operations) May 31, 2007, through October 31, 2007
Class I		13.85		0.03			—		0.27			0.30		—			—			—		—			0.30			14.15		2.17	(f)		46		1.00	(e)		1.00	(e)		1.00	(e)		1.00	(e)		—
For the Year Ended October 31, 2006
Class A		10.79		0.09			—		2.11			2.20		(0.08	)		—			—		(0.08	)		2.12			12.91		20.52			79,476		1.38			1.38			1.38			0.89			50
Class B		10.62		0.01			—		2.08			2.09		—			—			—		—			2.09			12.71		19.68			11,957		2.29			2.13			2.13			0.15			—
Class C		10.62		0.01			—		2.08			2.09		—			—			—		—			2.09			12.71		19.68			12,943		2.15			2.15			2.15			0.12			—
Class Y		10.79		0.15			—		2.10			2.25		(0.13	)		—			—		(0.13	)		2.12			12.91		21.07			72,054		0.92			0.92			0.92			1.36			—
For the Year Ended October 31, 2005
Class A		9.71		0.08			—		1.04			1.12		(0.04	)		—			—		(0.04	)		1.08			10.79		11.50			63,417		1.41			1.40			1.40			0.76			29
Class B		9.60		—			—		1.02			1.02		—			—			—		—			1.02			10.62		10.62			10,091		2.34			2.15			2.15			0.01			—
Class C		9.60		—			—		1.02			1.02		—			—			—		—			1.02			10.62		10.62			10,238		2.19			2.15			2.15			0.02			—
Class Y		9.71		0.12			—		1.05			1.17		(0.09	)		—			—		(0.09	)		1.08			10.79		12.06			60,218		0.93			0.93			0.93			1.19			—
For the Year Ended October 31, 2004 (h)
Class A		8.92		0.07			—		0.79			0.86		(0.07	)		—			—		(0.07	)		0.79			9.71		9.70			56,845		1.46			1.45			1.45			0.76			34
Class B		8.83		0.01			—		0.78			0.79		(0.02	)		—			—		(0.02	)		0.77			9.60		8.91			8,948		2.36			2.15			2.15			0.06			—
Class C		8.83		0.01			—		0.78			0.79		(0.02	)		—			—		(0.02	)		0.77			9.60		8.91			10,838		2.17			2.15			2.15			0.06			—
Class Y		8.95		0.10			—		0.77			0.87		(0.11	)		—			—		(0.11	)		0.76			9.71		9.76			21,373		0.91			0.91			0.91			1.32			—
For the Year Ended October 31, 2003 (h)
Class A		7.59		0.08			—		1.31			1.39		(0.06	)		—			—		(0.06	)		1.33			8.92		18.43			42,101		1.57			1.45			1.45			1.02			35
Class B		7.51		0.03			—		1.29			1.32		—			—			—		—			1.32			8.83		17.58			7,305		2.30			2.15			2.15			0.32			—
Class C		7.51		0.03			—		1.29			1.32		—			—			—		—			1.32			8.83		17.58			10,231		2.18			2.15			2.15			0.32			—
Class Y		7.64		0.16			—		1.25			1.41		(0.10	)		—			—		(0.10	)		1.31			8.95		18.66			27		1.00			1.00			1.00			1.46			—
The Hartford Value Opportunities Fund
For the Year Ended October 31, 2007
Class A		18.26		0.08			—		1.56			1.64		(0.14	)		(1.52	)		—		(1.66	)		(0.02	)		18.24		9.73	(i)		157,671		1.48			1.40			1.40			0.48			77
Class B		16.92		(0.04	)		—		1.43			1.39		(0.04	)		(1.52	)		—		(1.56	)		(0.17	)		16.75		8.90	(i)		20,792		2.38			2.13			2.13			(0.25	)		—
Class C		16.92		(0.01	)		—		1.40			1.39		(0.08	)		(1.52	)		—		(1.60	)		(0.21	)		16.71		8.91	(i)		32,738		2.19			2.15			2.15			(0.28	)		—
Class I		18.27		0.34			—		1.36			1.70		(0.32	)		(1.52	)		—		(1.84	)		(0.14	)		18.13		10.08	(i)		4,659		1.22			1.15			1.15			0.61			—
Class L (k)		18.29		0.09			—		1.59			1.68		(0.14	)		(1.52	)		—		(1.66	)		0.02			18.31		9.92	(i)		43,102		1.26			1.25			1.25			0.50			—
Class Y		18.48		0.51			—		1.26			1.77		—			(1.52	)		—		(1.52	)		0.25			18.73		10.30	(i)		26,645		0.94			0.94			0.94			1.19			—
From (commencement of operations) December 22, 2006, through October 31, 2007
Class R3		17.74		—			—		0.82			0.82		—			—			—		—			0.82			18.56		4.62	(f)		124		1.78	(e)		1.65	(e)		1.65	(e)		0.03	(e)		—
Class R4		17.74		—			—		0.87			0.87		—			—			—		—			0.87			18.61		4.90	(f)		732		1.40	(e)		1.35	(e)		1.35	(e)		(0.01	)(e)		—
Class R5		17.74		0.12			—		0.80			0.92		—			—			—		—			0.92			18.66		5.19	(f)		11		1.17	(e)		1.05	(e)		1.05	(e)		0.75	(e)		—

­ ­  382  ­ ­

	— Selected Per-Share Data (a) —																										— Ratios and Supplemental Data —
																																Ratio of			Ratio of			Ratio of
																																Expenses			Expenses			Expenses
																																to Average			to Average			to Average
								Net																								Net Assets			Net Assets			Net Assets
								Realized															Net									Before			After			After			Ratio of
								and							Distributions								Increase									Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net			Payments		Unrealized		Total		Dividends			from								(Decrease)		Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment			from		Gain		from		from Net			Realized			Distributions					in Net		Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income			(to)		(Loss) on		Investment		Investment			Capital			from		Total			Asset		End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)			Affiliate		Investments		Operations		Income			Gains			Capital		Distributions			Value		of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford Value Opportunities Fund — (continued)
For the Year Ended October 31, 2006 (h)
Class A	$	15.56	$	0.09		$	—	$	3.11	$	3.20	$	—		$	(0.50	)	$	—	$	(0.50	)	$	2.70	$	18.26		21.12	%	$	111,324		1.52	%		1.40	%		1.40	%		0.51	%		57	%
Class B		14.56		(0.03	)		—		2.89		2.86		—			(0.50	)		—		(0.50	)		2.36		16.92		20.21			18,271		2.38			2.12			2.12			(0.20	)		—
Class C		14.56		(0.04	)		—		2.90		2.86		—			(0.50	)		—		(0.50	)		2.36		16.92		20.20			22,466		2.22			2.15			2.15			(0.24	)		—
Class L		15.58		0.12			—		3.11		3.23		(0.02	)		(0.50	)		—		(0.52	)		2.71		18.29		21.31			32,983		1.23			1.23			1.23			0.68			—
Class Y		15.74		0.15			—		3.15		3.30		(0.06	)		(0.50	)		—		(0.56	)		2.74		18.48		21.55			102,915		1.00			1.00			1.00			0.90			—
From (commencement of operations) August 31, 2006, through October 31, 2006 (h)
Class I		17.12		0.01			—		1.14		1.15		—			—			—		—			1.15		18.27		6.72	(f)		12		1.38	(e)		1.15	(e)		1.15	(e)		0.12	(e)		—
For the Year Ended October 31, 2005
Class A		14.06		0.03			—		1.47		1.50		—			—			—		—			1.50		15.56		10.67			66,368		1.62			1.40			1.40			0.27			38
Class B		13.24		(0.05	)		—		1.37		1.32		—			—			—		—			1.32		14.56		9.97			13,560		2.51			2.15			2.15			(0.47	)		—
Class C		13.25		(0.05	)		—		1.36		1.31		—			—			—		—			1.31		14.56		9.89			13,258		2.33			2.15			2.15			(0.47	)		—
Class L		14.06		0.07			—		1.45		1.52		—			—			—		—			1.52		15.58		10.81			27,674		1.30			1.30			1.30			0.45			—
Class Y		14.17		0.05			—		1.52		1.57		—			—			—		—			1.57		15.74		11.08			95,974		1.07			1.07			1.07			0.55			—
For the Year Ended October 31, 2004
Class A		12.15		0.01			—		1.90		1.91		—			—			—		—			1.91		14.06		15.72			24,601		1.82			1.45			1.45			0.08			52
Class B		11.53		(0.06	)		—		1.77		1.71		—			—			—		—			1.71		13.24		14.83			5,709		2.70			2.15			2.15			(0.64	)		—
Class C		11.53		(0.06	)		—		1.78		1.72		—			—			—		—			1.72		13.25		14.92			5,627		2.47			2.15			2.15			(0.64	)		—
Class L		12.15		—			—		1.91		1.91		—			—			—		—			1.91		14.06		15.72			25,687		1.42			1.42			1.42			0.04			—
Class Y		12.22		0.01			—		1.94		1.95		—			—			—		—			1.95		14.17		15.96			10,101		1.16			1.16			1.16			0.34			—
For the Year Ended October 31, 2003
Class A		9.26		(0.01	)		—		2.90		2.89		—			—			—		—			2.89		12.15		31.21			5,917		1.92			1.45			1.45			(0.10	)		57
Class B		8.84		(0.04	)		—		2.73		2.69		—			—			—		—			2.69		11.53		30.43			1,932		2.63			2.15			2.15			(0.80	)		—
Class C		8.85		(0.04	)		—		2.72		2.68		—			—			—		—			2.68		11.53		30.28			1,613		2.51			2.15			2.15			(0.81	)		—
Class L		9.26		(0.01	)		—		2.90		2.89		—			—			—		—			2.89		12.15		31.21			22,701		1.51			1.45			1.45			(0.11	)		—
Class Y		9.30		0.01			—		2.91		2.92		—			—			—		—			2.92		12.22		31.40			1		1.33			1.25			1.25			0.08			—

(a)	Information presented relates to a share of capital share outstanding throughout the indicated period.
(b)	Assumes initial investment at net asset value at the beginning of each period, reinvestment of all distributions, the complete redemption of the investment at net asset value at the end of each period and no sales charge. Total return would be reduced if sales charges were taken into account.
(c)	Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between the classes of shares issued.
(d)	Ratios do not include fees paid indirectly. (See Note 3(d) for impact on ratios)
(e)	Annualized.
(f)	Not annualized.
(g)	Expense ratios do not include expenses of the underlying funds.
(h)	Per share amounts have been calculated using average shares outstanding method.
(i)	Total return without the inclusion of the Payments from (to) Affiliate, as noted on the Statement of Operations, can be found in Note 3 (g).
(j)	Classes H, M and N were merged into Class L and Class E was merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
(k)	Classes H, M and N were merged into Class L on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
(l)	Classes H, M and N were merged into Class L and Class Z was merged into Class Y on February 9, 2007. Please refer to Note 8 in the Notes to Financial Statements for further details.
(m)	Information presented below represents the calculation of financial highlights from the commencement of Fund.

																																	Ratio of			Ratio of			Ratio of
																																	Expenses			Expenses			Expenses
																																	to Average			to Average			to Average
							Net																										Net Assets			Net Assets			Net Assets
							Realized																Net										Before			After			After			Ratio of
							and									Distributions							Increase										Waivers and			Waivers and			Waivers and			Net
	Net Asset		Net		Payments		Unrealized			Total			Dividends			from							(Decrease)			Net Asset					Net Assets		Reimbursements			Reimbursements			Reimbursements			Investment
	Value at		Investment		from		Gain			from			from Net			Realized		Distributions					in Net			Value at					at End of		and Including			and Including			and Excluding			Income			Portfolio
	Beginning		Income		(to)		(Loss) on			Investment			Investment			Capital		from		Total			Asset			End		Total			Period		Interest			Interest			Interest			to Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains		Capital		Distributions			Value			of Period		Return (b)			(000’s)		Expense (d)			Expense (d)			Expense (d)			Net Assets			Rate (c)
The Hartford High Yield Municipal Bond Fund
From (commencement of operations) May 1, 2007, through October 31, 2007
Class A	$	10.00	$	0.20	$	—	$	(0.54	)	$	(0.34	)	$	(0.20	)	$	—	$	—	$	(0.20	)	$	(0.54	)	$	9.46		(3.41	)%(f)	$	46,261		0.96	%(e)		0.23	%(e)		0.23	%(e)		4.72	%(e)		23	%
Class B		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—		—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		1,333		1.70	(e)		0.93	(e)		0.93	(e)		4.00	(e)		—
Class C		10.00		0.17		—		(0.54	)		(0.37	)		(0.17	)		—		—		(0.17	)		(0.54	)		9.46		(3.71	)(f)		11,236		1.74	(e)		0.98	(e)		0.98	(e)		4.12	(e)		—
Class I		10.00		0.21		—		(0.53	)		(0.32	)		(0.21	)		—		—		(0.21	)		(0.53	)		9.47		(3.21	)(f)		6,879		0.76	(e)		—	(e)		—	(e)		5.11	(e)		—
The Hartford Strategic Income Fund
From (commencement of operations) May 15, 2007, through October 31, 2007
Class A		10.00		0.31		—		(0.26	)		0.05			(0.30	)		—		—		(0.30	)		(0.25	)		9.75		0.52	(i)		42,949		0.97	(e)		0.44	(e)		0.44	(e)		7.16	(e)		42	%
Class B		10.00		0.27		—		(0.26	)		0.01			(0.26	)		—		—		(0.26	)		(0.25	)		9.75		0.20	(i)		2,644		1.73	(e)		1.21	(e)		1.21	(e)		6.45	(e)		—
Class C		10.00		0.27		—		(0.25	)		0.02			(0.26	)		—		—		(0.26	)		(0.24	)		9.76		0.30	(i)		17,275		1.78	(e)		1.25	(e)		1.25	(e)		6.48	(e)		—
Class I		10.00		0.31		—		(0.23	)		0.08			(0.31	)		—		—		(0.31	)		(0.23	)		9.77		0.82	(i)		11,212		0.79	(e)		0.26	(e)		0.26	(e)		7.49	(e)		—

­ ­  383  ­ ­

Report of Independent Registered Public Accounting Firm

The Board of Directors and Shareholders of

The Hartford Mutual Funds, Inc. and
The Hartford Mutual Funds II, Inc.

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of The Hartford Mutual Funds, Inc. (comprising, respectively, The Hartford Advisers Fund, The Hartford Balanced Allocation Fund, The Hartford Balanced Income Fund, The Hartford Capital Appreciation Fund, The Hartford Capital Appreciation II Fund, The Hartford Checks and Balances Fund, The Hartford Conservative Allocation Fund, The Hartford Disciplined Equity Fund, The Hartford Dividend and Growth Fund, The Hartford Equity Growth Allocation Fund, The Hartford Equity Income Fund, The Hartford Floating Rate Fund, The Hartford Fundamental Growth Fund, The Hartford Global Communications Fund, The Hartford Global Financial Services Fund, The Hartford Global Growth Fund, The Hartford Global Health Fund, The Hartford Global Technology Fund, The Hartford Growth Allocation Fund, The Hartford High Yield Fund, The Hartford High Yield Municipal Bond Fund, The Hartford Income Allocation Fund, The Hartford Income Fund, The Hartford Inflation Plus Fund, The Hartford International Growth Fund, The Hartford International Opportunities Fund, The Hartford International Small Company Fund, The Hartford LargeCap Growth Fund, The Hartford MidCap Fund, The Hartford MidCap Growth Fund, The Hartford MidCap Value Fund, The Hartford Money Market Fund, The Hartford Retirement Income Fund, The Hartford Select MidCap Growth Fund, The Hartford Select MidCap Value Fund, The Hartford Select SmallCap Value Fund, The Hartford Short Duration Fund, The Hartford Small Company Fund, The Hartford Stock Fund, The Hartford Strategic Income Fund, The Hartford Target Retirement 2010 Fund, The Hartford Target Retirement 2020 Fund, The Hartford Target Retirement 2030 Fund, The Hartford Tax-Free California Fund, The Hartford Tax-Free New York Fund, The Hartford Total Return Bond Fund, and The Hartford Value Fund) and The Hartford Mutual Funds II, Inc. (comprising, respectively, The Hartford Growth Fund, The Hartford Growth Opportunities Fund, The Hartford SmallCap Growth Fund, The Hartford Tax-Free Minnesota Fund, The Hartford Tax-Free National Fund, The Hartford U.S. Government Securities Fund, and The Hartford Value Opportunities Fund) (collectively, the “Funds”) as of October 31, 2007, and the related statements of operations, statements of changes in net assets, and the financial highlights for each of the periods indicated therein. These financial statements and financial highlights are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement. We were not engaged to perform an audit of the Funds’ internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Funds’ internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements and financial highlights, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our procedures included confirmation of securities owned as of October 31, 2007, by correspondence with the custodian, agent banks, or brokers or by other appropriate auditing procedures where replies from agent banks or brokers were not received. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements and financial highlights referred to above present fairly, in all material respects, the financial position of each of the Funds listed above constituting The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. at October 31, 2007, the results of their operations, the changes in their net assets, and the financial highlights for each of the periods indicated therein, in conformity with U.S. generally accepted accounting principles.

/s/ ERNST & YOUNG LLP

Minneapolis, Minnesota

December 14, 2007

­ ­  384  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Directors and Officers (Unaudited)

The Board of Directors appoints officers who are responsible for the day-to-day operations of the Funds and who execute policies formulated by the Directors. Each director serves until his or her death, resignation, or retirement or until the next annual meeting of shareholders is held or until his or her successor is elected and qualifies.

Directors and officers who are employed by or who have a financial interest in The Hartford are considered “interested” persons of the Funds pursuant to the Investment Company Act of 1940, as amended. Each officer and three of the Fund’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., The Hartford Income Shares Fund, Inc., Hartford Series Fund, Inc., and Hartford HLS Series Fund II, Inc., which collectively consist of 88 funds. Correspondence may be sent to directors and officers c/o Hartford Mutual Funds, P.O. Box 2999, Hartford, Connecticut, 06104-2999, except that correspondence to Ms. Fagely, Ms. Fleege, and Ms. Settimi may be sent to 500 Bielenberg Drive, Woodbury, Minnesota 55125.

The table below sets forth, for each director and officer, his or her name, age, current position with the Funds and date first elected or appointed to The Hartford Mutual Funds, Inc. (“MF”) and The Hartford Mutual Funds II, Inc. (“MF2”), principal occupation, and, for directors, other directorships held. The Funds’ statement of additional information contains further information on the directors and is available free of charge by calling 1-888-843-7824 or writing to Hartford Mutual Funds, P.O. Box 64387, St. Paul, MN 55164-0387.

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

Non-Interested Directors

Lynn S. Birdsong (age 61) Director since 2003, Chairman of the Litigation Committee; Co-Chairman of the Investment Committee

Since 1981, Mr. Birdsong has been a partner in Birdsong Company, an advertising specialty firm. Since 2003, Mr. Birdsong has been an independent director of The Japan Fund. From 2003 to March 2005, Mr. Birdsong was an independent director of the Atlantic Whitehall Funds. From 1979 to 2002, Mr. Birdsong was a managing director of Zurich Scudder Investments, an investment management firm. During his employment with Scudder, Mr. Birdsong was an interested director of The Japan Fund.

Robert M. Gavin, Jr. (age 67) Director since 2002 (MF) and 1986 (MF2), Chairman of the Board since 2004

Dr. Gavin is an educational consultant. Prior to September 1, 2001, he was President of Cranbrook Education Community and prior to July 1996, he was President of Macalester College, St. Paul, Minnesota.

Duane E. Hill (age 62) Director since 2001 (MF) and 2002 (MF2), Chairman of the Nominating Committee

Mr. Hill is a Partner of TSG Ventures L.P., a private equity investment company. Mr. Hill is a former partner of TSG Capital Group, a private equity investment firm that serves as sponsor and lead investor in leveraged buyouts of middle market companies.

Sandra S. Jaffee (age 65) Director since 2005

Ms. Jaffee is Chief Executive Officer of Fortent (formerly Searchspace Group), a leading provider of compliance/regulatory technology to financial institutions. Ms. Jaffee served as an Entrepreneur in Residence with Warburg Pincus, a private equity firm, from August 2004 to August 2005. From September 1995 to July 2004, Ms. Jaffee served as Executive Vice President at Citigroup, where she was President and Chief Executive Officer of Citibank’s Global Securities Services (1995-2003).

William P. Johnston (age 63) Director since 2005, Chairman of the Compliance Committee

In June 2006, Mr. Johnston was appointed as Senior Advisor to The Carlyle Group, a global private equity investment firm. In May 2006, Mr. Johnston was elected to the Supervisory Board of Fresenius Medical Care AG & Co. KGaA, after its acquisition of Renal Care Group, Inc. in March 2006. Mr. Johnston joined Renal Care Group in November 2002 as a member of the Board of Directors and served as Chairman of the Board from March 2003 through March 2006. From September 1987 to December 2002, Mr. Johnston was with Equitable Securities Corporation (and its successors, SunTrust Equitable Securities and SunTrust Robinson Humphrey) serving in various investment banking and managerial positions, including Managing Director and Head of Investment Banking, Chief Executive Officer and Vice Chairman.

Phillip O. Peterson (age 62) Director since 2002 (MF) and 2000 (MF2), Chairman of the Audit Committee

Mr. Peterson is a mutual fund industry consultant. He was a partner of KPMG LLP (an accounting firm) until July 1999. Mr. Peterson joined William Blair Funds in February 2007 as a member of the Board of Trustees. From January 2004 to April 2005, Mr. Peterson served as Independent President of the Strong Mutual Funds.

Lemma W. Senbet (age 60) Director since 2005

Dr. Senbet is the William E. Mayer Chair Professor of Finance at the University of Maryland, Robert H. Smith School of Business. He was chair of the Finance Department during 1998-2006. Previously he was an endowed professor of finance at the University of Wisconsin-Madison. Also, he was director of the Fortis Funds from March 2000-July 2002. Dr. Senbet served the finance profession in various capacities, including as director of the American Finance Association and President of the Western Finance Association. In 2006, Dr. Senbet was inducted Fellow of Financial Management Association International for his career-long distinguished scholarship and professional service.

Interested Directors and Officers

Thomas M. Marra (age 49) Director since 2002

Mr. Marra is President and Chief Operating Officer of The Hartford Financial Services Group, Inc. (“The Hartford”). He is also a member of the Board of Directors for The Hartford. Mr. Marra was named President and COO of The Hartford in 2007. He served as COO of Hartford Life, Inc. from 2000 to 2007, as President of Hartford Life, Inc. from 2001 to 2007, and as Director of Hartford Life, Inc.’s Investment Products Division from 1998 to 2000.

­ ­  385  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Directors and Officers (Unaudited)  — (continued)

Lowndes A. Smith (age 68) Director since 2002, Co-Chairman of the Investment Committee

Mr. Smith served as Vice Chairman of The Hartford from February 1997 to January 2002, as President and Chief Executive Officer of Hartford Life, Inc. from February 1997 to January 2002, and as President and Chief Operating Officer of The Hartford Life Insurance Companies from January 1989 to January 2002.

David M. Znamierowski (age 47) Director since 1999 (MF) and 2005 (MF2)

Mr. Znamierowski currently serves as Director and President of Hartford Investment Management Company (“Hartford Investment Management”), as Chief Investment Officer and Executive Vice President for The Hartford and Hartford Life, Inc., as Director, Chief Investment Officer and Executive Vice President of Hartford Life Insurance Company (“Hartford Life”) and as Chief Investment Officer for Hartford Administrative Services Company (“HASCO”).

Other Officers

Robert M. Arena, Jr. (age 39) Vice President since 2006

Mr. Arena serves as Senior Vice President of Hartford Life and heads its Retail Product Management Group in the U.S. Wealth Management Division. Additionally, Mr. Arena is Director and Senior Vice President of HASCO, Manager and Senior Vice President/Business Line Principal of Hartford Investment Financial Services, LLC (“HIFSCO”) and Manager and Senior Vice President of HL Investment Advisors LLC, (“HL Advisors”). Prior to joining The Hartford in 2004, he was Senior Vice President in charge of Product Management for American Scandia/Prudential in the individual annuities division. Mr. Arena joined American Skandia in 1996.

Tamara L. Fagely (age 49) Vice President, Treasurer, and Controller since 1993

Ms. Fagely has been a Vice President of HASCO since 1998 and Chief Financial Officer since 2006. Currently Ms. Fagely is a Vice President of Hartford Life. She served as Assistant Vice President of Hartford Life from December 2001 through March 2005. In addition she is Controller and Chief Financial Officer of HIFSCO.

Susan Fleege (age 48) AML Compliance Officer since 2005

Ms. Fleege has served as Chief Compliance Officer for HASCO since 2005 and for Hartford Investor Services Company, LLC, (“HISC”) since 2006. Prior to joining Hartford Life in 2005, Ms. Fleege was Counsel for Amerprise Financial Corporation from 2000 to 2005.

Thomas D. Jones, III (age 42) Vice President and Chief Compliance Officer since 2006

Mr. Jones serves as Chief Compliance Officer for the Hartford Mutual Funds and Vice President and Director of Securities Compliance for The Hartford. He is also Vice President of HIFSCO, HL Advisors, and Hartford Life. Mr. Jones joined The Hartford in 2006 from SEI Investments, where he served as Chief Compliance Officer for its mutual funds and investment advisers. Prior to joining SEI, Mr. Jones was First Vice President and Compliance Director for Merrill Lynch Investment Managers (Americas) (“MLIM”), where he worked from 1992-2004. At MLIM, Mr. Jones was responsible for the compliance oversight of various investment products, including mutual funds, wrap accounts, institutional accounts and alternative investments.

Edward P. Macdonald (age 40) Vice President, Secretary and Chief Legal Officer since 2005

Mr. Macdonald serves as Assistant General Counsel and Assistant Vice President of The Hartford and Chief Legal Officer and Vice President of HIFSCO. He also serves as Vice President of HASCO, Assistant Vice President of Hartford Life, and Chief Legal Officer, Secretary and Vice President of HL Advisors. Prior to joining The Hartford in 2005, Mr. Macdonald was Chief Counsel, Investment Management for Prudential Financial (formerly American Skandia Investment Services, Inc.). He joined Prudential in April 1999.

Vernon J. Meyer (age 43) Vice President since 2006

Mr. Meyer serves as Senior Vice President of Hartford Life and Director of its Investment Advisory Group in the U.S. Wealth Management Division. He also serves as Senior Vice President of HIFSCO and HL Advisors. Prior to joining The Hartford in 2004, Mr. Meyer was with MassMutual which he joined in 1987.

Denise A. Settimi (age 47) Vice President since 2005

Ms. Settimi currently serves as Chief Operating Officer and Assistant Vice President of HASCO. She is also Assistant Vice President of HIFSCO and Hartford Life. Previously, Ms. Settimi was with American Express Financial Advisors, where she was Director of Retirement Plan Services from 1997 to 2003.

John C. Walters (age 45) President since 2007¹

Mr. Walters currently serves as President of the U.S. Wealth Management Division and Co-Chief Operating Officer of Hartford Life. Mr. Walters previously served as Executive Vice President and Director of the Investment Products Division of Hartford Life. Mr. Walters is also Chief Executive Officer, Manager and President of HIFSCO and HL Advisors. Previously, Mr. Walters was with First Union Securities.

¹  As of November 7, 2007

HOW TO OBTAIN A COPY OF THE FUNDS’ PROXY VOTING POLICES AND VOTING RECORDS

A description of the polices and procedures that the Funds use to determine how to vote proxies relating to portfolio securities and a record of how the Funds voted any proxies for the twelve-month period ended June 30, 2007 is available (1) without charge, upon request, by calling 888-843-7824 and (2) on the Securities and Exchange Commission’s website at http://www.sec.gov.

QUARTERLY PORTFOLIO HOLDINGS INFORMATION

The Funds file a complete schedule of portfolio holdings with the Commission for the first and third quarters of each fiscal year on Form N-Q. The Funds Forms N-Q is available (1) without charge, upon request, by calling 888-843-7824 and (2) on the Securities and Exchange Commission’s website at http://www.sec.gov. The Forms N-Q may be reviewed and copied at the Commission’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.

­ ­  386  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Federal Income Tax Information (Unaudited)

The information set forth below is for the Funds’ fiscal year as required by federal tax law. Shareholders, however, must report distributions on a calendar year basis for income tax purposes which may include distributions of two fiscal years of the fund. Accordingly, the information needed by shareholders for income tax purposes will be sent to them in early 2008. Shareholders may wish to consult a tax advisor on how to report distributions for state and local purposes.

The income received from federal obligations is as follows:

				Other
				Direct
				Federal			Other
	U.S. Treasury*			Obligations*			Securities			Total			DRD**			QDI***			QII****			QSTGG****
Advisers Fund		11.28	%		4.47	%		84.25	%		100.00	%		54.67	%		67.91	%		59.05	%
Balanced Allocation Fund														14.52	%		23.80	%		65.19	%		100.00	%
Balanced Income Fund														41.84	%		46.20	%		64.71	%
Capital Appreciation Fund														24.61	%		36.83	%		16.00	%		100.00	%
Capital Appreciation II Fund														20.69	%		36.12	%					100.00	%
Checks and Balances Fund														27.18	%		31.63	%		94.78	%
Conservative Allocation Fund														9.72	%		14.69	%		78.96	%		100.00	%
Disciplined Equity Fund														79.89	%		100.00	%
Dividend and Growth Fund														85.95	%		100.00	%		7.51	%		100.00	%
Equity Growth Allocation Fund														53.10	%		100.00	%		10.89	%
Equity Income Fund														100.00	%		100.00	%		5.84	%		100.00	%
Floating Rate Fund																				100.00	%
Global Communications Fund														15.53	%		100.00	%		1.50	%
Global Financial Services Fund														78.96	%		100.00	%		12.25	%
Global Growth Fund														12.67	%		55.08	%					100.00	%
Global Health Fund														42.52	%		86.05	%					100.00	%
Growth Allocation Fund														22.60	%		39.26	%		48.83	%
Growth Opportunities Fund														17.72	%		26.69	%					100.00	%
High Yield Fund																				93.71	%
Income Fund		8.10	%		0.00	%		91.90	%		100.00	%								92.36	%
Income Allocation Fund		17.37	%		0.15	%		82.48	%		100.00	%								96.79	%
Inflation Plus Fund		87.14	%		0.00	%		12.86	%		100.00	%								100.00	%
International Growth Fund																	25.65	%		22.01	%		100.00	%
International Opportunities Fund																	100.00	%		6.41	%
International Small Company Fund																	19.70	%		5.17	%		100.00	%
MidCap Fund														55.17	%		60.99	%					100.00	%
MidCap Growth Fund														8.71	%		17.76	%					100.00	%
MidCap Value Fund														36.82	%		43.99	%					100.00	%
Money Market Fund																				100.00	%
Retirement Income Fund														1.28	%		2.48	%		92.82	%
Select MidCap Growth Fund														15.40	%		16.94	%					100.00	%
Select MidCap Value Fund														25.04	%		25.88	%					100.00	%
Select SmallCap Value Fund														73.54	%		73.54	%		46.96	%		100.00	%
Short Duration Fund		7.46	%		0.00	%		92.54	%		100.00	%								100.00	%
Stock Fund														45.07	%		100.00	%
Strategic Income Fund																				92.32	%
Target Retirement 2010 Fund														2.94	%		5.09	%		95.87	%
Target Retirement 2020 Fund														6.64	%		10.13	%		91.25	%		100.00	%
Target Retirement 2030 Fund														10.95	%		16.85	%		100.00	%		100.00	%
Tax-Free Minnesota Fund																							100.00	%
Total Return Bond Fund		8.28	%		1.03	%		90.69	%		100.00	%								92.02	%
U.S. Government Securities Fund		4.51	%		2.68	%		92.81	%		100.00	%								100.00	%
Value Fund														79.25	%		100.00	%		12.80	%		100.00	%
Value Opportunities Fund														52.80	%		71.93	%		6.46	%		100.00	%

*	The income received from federal obligations.
**	Income distributions, taxable as dividend income which qualify for deduction by corporations.
***	For the fiscal year ended October 31, 2007, certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided for by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The Funds intend to designate ordinary distributions declared as taxed at a maximum rate of 15%.
****	Applicable for non-resident foreign shareholders only. These are the percentages of ordinary income distributions that are designated as interest-related dividends under Internal Revenue Code Section 871(K)(I)(C) (QII) and as short-term capital gain distributions under Internal Revenue Code Section 871(K)(2)(C) (QSTCG).

­ ­  387  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Federal Income Tax Information (Unaudited) — (continued)

Complete information will be computed and reported in conjunction with your 2007 Form 1099-DIV.

Foreign Tax Credit Pass-Through
The following Funds intend to make an election under the Internal Revenue Code Section 853 to pass-through foreign taxes paid by the Funds to their shareholders as follows:
Global Communications Fund	$	74
Global Financial Services Fund		65
Global Growth Fund		408
International Growth Fund		594
International Opportunities Fund		878
International Small Company Fund		367

Detailed below are the per share distributions made for the fiscal year ended October 31, 2007.

Fund	Class A		Class B		Class C		Class E	Class H	Class I		Class L		Class M	Class N	Class R3		Class R4		Class R5		Class Y		Class Z
Advisers Fund
Income		0.312		0.159		0.187										0.191		0.235		0.272		0.369
Long-Term Capital Gain		0.095		0.095		0.095										0.000		0.000		0.000		0.095
Total Distributions		0.407		0.254		0.282										0.191		0.235		0.272		0.464
Balanced Allocation Fund
Income		0.360		0.266		0.270				0.402						0.144		0.162		0.183
Short-Term Capital Gain		0.014		0.014		0.014				0.014						0.000		0.000		0.000
Long-Term Capital Gain		0.261		0.261		0.261				0.000						0.000		0.000		0.000
Total Distributions		0.635		0.541		0.545				0.416						0.144		0.162		0.183
Balanced Income Fund
Income		0.333		0.276		0.281																0.358
Capital Appreciation Fund												��
Income		0.130		0.000		0.000				0.401												0.317
Short-Term Capital Gain		1.093		1.093		1.093				1.093												1.093
Long-Term Capital Gain		1.943		1.943		1.943				1.943												1.943
Total Distributions		3.166		3.036		3.036				3.437												3.353
Capital Appreciation II Fund
Short-Term Capital Gain		0.253		0.253		0.253				0.253												0.253
Long-Term Capital Gain		0.055		0.055		0.055				0.055												0.055
Total Distributions		0.308		0.308		0.308				0.308												0.308
Checks and Balances Fund
Income		0.045		0.033		0.032
Conservative Allocation Fund
Income		0.378		0.303		0.303				0.420						0.201		0.226		0.244
Short-Term Capital Gain		0.027		0.027		0.027				0.027						0.000		0.000		0.000
Long-Term Capital Gain		0.262		0.262		0.262				0.262						0.000		0.000		0.000
Total Distributions		0.667		0.592		0.592				0.709						0.201		0.226		0.244
Disciplined Equity Fund
Income		0.099		0.014		0.008																0.102
Dividend and Growth Fund
Income		0.274		0.090		0.120				0.386						0.171		0.216		0.254		0.355
Short-Term Capital Gain		0.088		0.088		0.088				0.088						0.000		0.000		0.000		0.088
Long-Term Capital Gain		1.256		1.256		1.256				1.256						0.000		0.000		0.000		1.256
Total Distributions		1.618		1.434		1.464				1.730						0.171		0.216		0.254		1.699
Equity Growth Allocation Fund
Income		0.236		0.161		0.162				0.252
Long-Term Capital Gain		0.280		0.280		0.280				0.280
Total Distributions		0.516		0.441		0.442				0.532
Equity Income Fund
Income		0.264		0.143		0.161				0.327						0.167		0.202		0.233		0.330
Short-Term Capital Gain		0.020		0.020		0.020				0.020						0.000		0.000		0.000		0.020
Long-Term Capital Gain		0.520		0.520		0.520				0.520						0.000		0.000		0.000		0.520
Total Distributions		0.804		0.683		0.701				0.867						0.167		0.202		0.233		0.870
Floating Rate Fund
Income		0.670		0.591		0.596				0.700						0.529		0.551		0.568		0.699

­ ­  388  ­ ­

Fund	Class A		Class B		Class C		Class E	Class H		Class I		Class L		Class M		Class N		Class R3		Class R4		Class R5		Class Y		Class Z
Global Communications Fund
Income		0.134		0.109		0.111																			0.177
Long-Term Capital Gain		0.023		0.023		0.023																			0.023
Total Distributions		0.157		0.132		0.134																			0.200
Global Financial Services Fund
Income		0.111		0.025		0.040																			0.147
Long-Term Capital Gain		0.852		0.852		0.852																			0.852
Total Distributions		0.963		0.877		0.892																			0.999
Global Growth Fund
Short-Term Capital Gain		0.400		0.400		0.400																			0.400
Long-Term Capital Gain		0.582		0.582		0.582																			0.582
Total Distributions		0.982		0.982		0.982																			0.982
Global Health Fund
Short-Term Capital Gain		0.162		0.162		0.162					0.162														0.162
Long-Term Capital Gain		0.523		0.523		0.523					0.523														0.523
Total Distributions		0.685		0.685		0.685					0.685														0.685
Growth Allocation Fund
Income		0.237		0.166		0.170					0.304
Long-Term Capital Gain		0.275		0.275		0.275					0.275
Total Distributions		0.512		0.441		0.445					0.579
Growth Fund
Long-Term Capital Gain		1.301		1.301		1.301			1.301		1.301		1.301		1.301		1.301								1.301
Growth Opportunities Fund
Short-Term Capital Gain		0.623		0.623		0.623			0.623		0.623		0.623		0.623		0.623								0.623		0.623
Long-Term Capital Gain		1.495		1.495		1.495			1.495		1.495		1.495		1.495		1.495								1.495		1.495
Total Distributions		2.118		2.118		2.118			2.118		2.118		2.118		2.118		2.118								2.118		2.118
High Yield Fund
Income		0.581		0.520		0.526					0.253								0.465		0.485		0.502		0.607
High Yield Municipal Bond Fund
Income		0.201		0.170		0.170					0.211
Income Allocation Fund
Income		0.443		0.373		0.373					0.470								0.351		0.379		0.401
Income Fund
Income		0.571		0.494		0.496																			0.600
Inflation Plus Fund
Income		0.378		0.326		0.326					0.395								0.350		0.367		0.384		0.396
International Growth Fund
Income		0.014		0.000		0.000					0.175														0.000
Short-Term Capital Gain		0.903		0.903		0.903					0.903														0.903
Long-Term Capital Gain		0.455		0.455		0.455					0.455														0.455
Total Distributions		1.372		1.358		1.358					1.533														1.358
International Opportunities Fund
Income		0.055		0.000		0.000																			0.196
Long-Term Capital Gain		0.431		0.431		0.431																			0.431
Total Distributions		0.486		0.431		0.431																			0.627
International Small Company Fund
Income		0.153		0.079		0.058																			0.189
Short-Term Capital Gain		1.191		1.191		1.191																			1.191
Long-Term Capital Gain		0.813		0.813		0.813																			0.813
Total Distributions		2.157		2.083		2.062																			2.193
LargeCap Growth Fund
Income		0.013		0.006		0.006																			0.016
MidCap Fund
Short-Term Capital Gain		0.354		0.354		0.354																			0.354
Long-Term Capital Gain		3.666		3.666		3.666																			3.666
Total Distributions		4.020		4.020		4.020																			4.020

­ ­  389  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Federal Income Tax Information (Unaudited) — (continued)

Fund	Class A		Class B		Class C		Class E		Class H		Class I		Class L		Class M		Class N		Class R3		Class R4		Class R5		Class Y		Class Z
MidCap Growth Fund
Income		0.043		0.013		0.030																				0.059
Short-Term Capital Gain		0.077		0.077		0.077																				0.077
Total Distributions		0.120		0.090		0.107																				0.136
MidCap Value Fund
Short-Term Capital Gain		0.456		0.456		0.456																				0.456
Long-Term Capital Gain		1.451		1.451		1.451																				1.451
Total Distributions		1.907		1.907		1.907																				1.907
Retirement Income Fund
Income		0.340		0.266		0.266														0.207		0.229		0.253		0.368
Select MidCap Growth Fund
Short-Term Capital Gain		0.312		0.312		0.312																				0.312
Long-Term Capital Gain		0.168		0.168		0.168																				0.168
Total Distributions		0.480		0.480		0.480																				0.480
Select MidCap Value Fund
Short-Term Capital Gain		0.411		0.411		0.411																				0.411
Long-Term Capital Gain		0.093		0.093		0.093																				0.093
Total Distributions		0.504		0.504		0.504																				0.504
Select SmallCap Value Fund
Income		0.000		0.000		0.000																				0.033
Short-Term Capital Gain		0.019		0.019		0.019																				0.019
Long-Term Capital Gain		0.002		0.002		0.002																				0.002
Total Distributions		0.021		0.021		0.021																				0.054
Short Duration Fund
Income		0.439		0.364		0.364																				0.465
Small Company Fund
Long-Term Capital Gain		1.870		1.870		1.870						1.870														1.870
Stock Fund
Income		0.097																								0.196
Strategic Income Fund
Income		0.295		0.264		0.264						0.305														0.123
Target Retirement 2010 Fund
Income		0.276		0.210		0.207														0.125		0.155		0.170		0.301
Long-Term Capital Gain		0.001		0.001		0.001														0.000		0.000		0.000		0.001
Total Distributions		0.277		0.211		0.208														0.125		0.155		0.170		0.302
Target Retirement 2020 Fund
Income		0.240		0.148		0.157														0.071		0.103		0.120		0.264
Short-Term Capital Gain		0.033		0.033		0.033														0.000		0.000		0.000		0.033
Long-Term Capital Gain		0.009		0.009		0.009														0.000		0.000		0.000		0.009
Total Distributions		0.282		0.190		0.199														0.071		0.103		0.120		0.306
Target Retirement 2030 Fund
Income		0.132		0.083		0.095																				0.127
Short-Term Capital Gain		0.003		0.003		0.003																				0.003
Long-Term Capital Gain		0.002		0.002		0.002																				0.002
Total Distributions		0.137		0.088		0.100																				0.132
Tax-Free California Fund
Income		0.408		0.331		0.331
Tax-Free Minnesota Fund
Income		0.408		0.337		0.343		0.130		0.102				0.408		0.102		0.102								0.426
Short-Term Capital Gain		0.007		0.007		0.007		0.007		0.007				0.007		0.007		0.007								0.007
Long-Term Capital Gain		0.051		0.051		0.051		0.051		0.051				0.051		0.051		0.051								0.051
Total Distributions		0.466		0.395		0.401		0.188		0.160				0.466		0.160		0.160								0.484
Tax-Free National Fund
Income		0.462		0.380		0.380		0.149		0.111		0.208		0.461		0.114		0.117								0.482
Long-Term Capital Gain		0.032		0.032		0.032		0.032		0.032		0.000		0.032		0.032		0.032								0.032
Total Distributions		0.494		0.412		0.412		0.181		0.143		0.208		0.493		0.146		0.149								0.514

­ ­  390  ­ ­

Fund	Class A		Class B		Class C		Class E		Class H		Class I		Class L		Class M		Class N		Class R3		Class R4		Class R5		Class Y		Class Z
Tax-Free New York Fund
Income		0.401		0.323		0.324
Long-Term Capital Gain		0.057		0.057		0.057
Total Distributions		0.458		0.380		0.381
Total Return Bond Fund
Income		0.495		0.417		0.416						0.537								0.392		0.414		0.432		0.467
U.S. Government Securities Fund
Income		0.441		0.375		0.372		0.140		0.111				0.477		0.111		0.112								0.455
Value Fund
Income		0.000		0.000		0.000																				0.085
Short-Term Capital Gain		0.019		0.019		0.019																				0.019
Long-Term Capital Gain		0.772		0.772		0.772																				0.772
Total Distributions		0.791		0.791		0.791																				0.876
Value Opportunities Fund
Income		0.144		0.041		0.081						0.317		0.141		0.009		0.025								0.000
Short-Term Capital Gain		0.379		0.379		0.379						0.379		0.379		0.379		0.379								0.379
Long-Term Capital Gain		1.142		1.142		1.142						1.142		1.142		1.142		1.142								1.142
Total Distributions		1.665		1.562		1.602						1.838		1.662		1.530		1.546								1.521

­ ­  391  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited)

Your Fund’s Expenses

As a shareholder of the Funds, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchase payments and contingent deferred sales charges (CDSC) (2) ongoing costs including management fees; distribution fees; and other fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the period of April 30, 2007 through October 31, 2007.

Actual Expenses

The first line of the table below provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6, then multiply the result by the number in the first line under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.

Hypothetical Example for Comparison Purposes

The second line of the table below provides information about hypothetical account values and hypothetical expenses based on the Funds’ actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Funds’ 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 Funds and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads) and CDSC. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher.

Expenses are equal to the Funds’ annualized expense ratios multiplied by average account value over the period, multiplied by 184/365 (to reflect the one-half year period).

	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2007		Account		Account		April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007		October 31, 2007		ratio			1/2 year		full year
The Hartford Advisers Fund
Class A	$	1,000.00	$	1,055.49	$	5.54	$	1,000.00	$	1,019.81	$	5.45		1.07	%		184		365
Class B	$	1,000.00	$	1,050.90	$	9.74	$	1,000.00	$	1,015.71	$	9.57		1.88	%		184		365
Class C	$	1,000.00	$	1,051.24	$	9.09	$	1,000.00	$	1,016.34	$	8.94		1.76	%		184		365
Class R3	$	1,000.00	$	1,053.32	$	7.15	$	1,000.00	$	1,018.24	$	7.03		1.38	%		184		365
Class R4	$	1,000.00	$	1,055.08	$	5.28	$	1,000.00	$	1,020.07	$	5.19		1.02	%		184		365
Class R5	$	1,000.00	$	1,056.45	$	4.04	$	1,000.00	$	1,021.28	$	3.97		0.78	%		184		365
Class Y	$	1,000.00	$	1,057.25	$	3.19	$	1,000.00	$	1,022.11	$	3.13		0.61	%		184		365
The Hartford Balanced Allocation Fund
Class A	$	1,000.00	$	1,069.84	$	2.87	$	1,000.00	$	1,022.43	$	2.81		0.55	%		184		365
Class B	$	1,000.00	$	1,065.88	$	6.95	$	1,000.00	$	1,018.48	$	6.79		1.33	%		184		365
Class C	$	1,000.00	$	1,066.10	$	6.76	$	1,000.00	$	1,018.66	$	6.60		1.30	%		184		365
Class I	$	1,000.00	$	1,071.52	$	1.19	$	1,000.00	$	1,024.05	$	1.17		0.23	%		184		365
Class R3	$	1,000.00	$	1,068.76	$	4.79	$	1,000.00	$	1,020.58	$	4.68		0.92	%		184		365
Class R4	$	1,000.00	$	1,070.20	$	3.42	$	1,000.00	$	1,021.90	$	3.34		0.66	%		184		365
Class R5	$	1,000.00	$	1,071.18	$	1.88	$	1,000.00	$	1,023.39	$	1.84		0.36	%		184		365
The Hartford Balanced Income Fund
Class A	$	1,000.00	$	1,024.79	$	5.92	$	1,000.00	$	1,019.36	$	5.90		1.16	%		184		365
Class B	$	1,000.00	$	1,019.95	$	10.19	$	1,000.00	$	1,015.12	$	10.16		2.00	%		184		365
Class C	$	1,000.00	$	1,020.10	$	10.20	$	1,000.00	$	1,015.11	$	10.17		2.00	%		184		365
Class Y	$	1,000.00	$	1,026.34	$	4.60	$	1,000.00	$	1,020.67	$	4.58		0.90	%		184		365

­ ­  392  ­ ­

	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2007		Account		Account		April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007		October 31, 2007		ratio			1/2 year		full year
The Hartford Capital Appreciation Fund
Class A	$	1,000.00	$	1,171.62	$	6.05	$	1,000.00	$	1,019.64	$	5.62		1.10	%		184		365
Class B	$	1,000.00	$	1,166.95	$	10.40	$	1,000.00	$	1,015.60	$	9.68		1.90	%		184		365
Class C	$	1,000.00	$	1,167.50	$	9.98	$	1,000.00	$	1,015.99	$	9.28		1.83	%		184		365
Class I	$	1,000.00	$	1,173.31	$	4.29	$	1,000.00	$	1,021.26	$	3.99		0.78	%		184		365
Class R3	$	1,000.00	$	1,169.82	$	7.85	$	1,000.00	$	1,017.97	$	7.30		1.44	%		184		365
Class R4	$	1,000.00	$	1,172.04	$	6.23	$	1,000.00	$	1,019.47	$	5.79		1.14	%		184		365
Class R5	$	1,000.00	$	1,173.03	$	4.64	$	1,000.00	$	1,020.94	$	4.31		0.85	%		184		365
Class Y	$	1,000.00	$	1,174.10	$	3.91	$	1,000.00	$	1,021.61	$	3.64		0.71	%		184		365
The Hartford Capital Appreciation II Fund
Class A	$	1,000.00	$	1,167.36	$	7.82	$	1,000.00	$	1,017.99	$	7.28		1.43	%		184		365
Class B	$	1,000.00	$	1,163.05	$	12.48	$	1,000.00	$	1,013.66	$	11.62		2.29	%		184		365
Class C	$	1,000.00	$	1,163.41	$	11.80	$	1,000.00	$	1,014.30	$	10.98		2.16	%		184		365
Class I	$	1,000.00	$	1,169.76	$	6.05	$	1,000.00	$	1,019.63	$	5.63		1.11	%		184		365
Class R3	$	1,000.00	$	1,165.18	$	10.31	$	1,000.00	$	1,015.69	$	9.59		1.89	%		184		365
Class R4	$	1,000.00	$	1,167.81	$	7.77	$	1,000.00	$	1,018.04	$	7.23		1.42	%		184		365
Class R5	$	1,000.00	$	1,169.63	$	6.64	$	1,000.00	$	1,019.08	$	6.18		1.21	%		184		365
Class Y	$	1,000.00	$	1,170.20	$	5.52	$	1,000.00	$	1,020.12	$	5.14		1.01	%		184		365
The Hartford Checks and Balances Fund
Class A	$	1,000.00	$	1,055.60	$	1.83	$	1,000.00	$	1,019.18	$	1.80		0.43	%		153		365
Class B	$	1,000.00	$	1,052.40	$	5.37	$	1,000.00	$	1,015.73	$	5.27		1.25	%		153		365
Class C	$	1,000.00	$	1,052.30	$	5.07	$	1,000.00	$	1,016.02	$	4.98		1.18	%		153		365
The Hartford Conservative Allocation Fund
Class A	$	1,000.00	$	1,048.74	$	3.14	$	1,000.00	$	1,022.14	$	3.10		0.61	%		184		365
Class B	$	1,000.00	$	1,044.33	$	6.62	$	1,000.00	$	1,018.73	$	6.54		1.28	%		184		365
Class C	$	1,000.00	$	1,045.29	$	6.62	$	1,000.00	$	1,018.73	$	6.54		1.28	%		184		365
Class I	$	1,000.00	$	1,049.56	$	1.42	$	1,000.00	$	1,023.82	$	1.40		0.28	%		184		365
Class R3	$	1,000.00	$	1,046.60	$	5.28	$	1,000.00	$	1,020.05	$	5.21		1.02	%		184		365
Class R4	$	1,000.00	$	1,048.04	$	3.85	$	1,000.00	$	1,021.45	$	3.80		0.74	%		184		365
Class R5	$	1,000.00	$	1,049.90	$	2.44	$	1,000.00	$	1,022.83	$	2.41		0.47	%		184		365
The Hartford Disciplined Equity Fund
Class A	$	1,000.00	$	1,039.75	$	7.20	$	1,000.00	$	1,018.15	$	7.12		1.40	%		184		365
Class B	$	1,000.00	$	1,036.60	$	10.70	$	1,000.00	$	1,014.70	$	10.58		2.08	%		184		365
Class C	$	1,000.00	$	1,035.82	$	10.66	$	1,000.00	$	1,014.73	$	10.55		2.08	%		184		365
Class R3	$	1,000.00	$	1,038.62	$	8.48	$	1,000.00	$	1,016.88	$	8.39		1.65	%		184		365
Class R4	$	1,000.00	$	1,039.92	$	6.89	$	1,000.00	$	1,018.45	$	6.81		1.34	%		184		365
Class R5	$	1,000.00	$	1,041.22	$	5.42	$	1,000.00	$	1,019.90	$	5.36		1.05	%		184		365
Class Y	$	1,000.00	$	1,041.86	$	4.51	$	1,000.00	$	1,020.78	$	4.47		0.88	%		184		365
The Hartford Dividend and Growth Fund
Class A	$	1,000.00	$	1,054.00	$	5.58	$	1,000.00	$	1,019.77	$	5.49		1.08	%		184		365
Class B	$	1,000.00	$	1,049.45	$	10.00	$	1,000.00	$	1,015.45	$	9.83		1.94	%		184		365
Class C	$	1,000.00	$	1,050.73	$	9.37	$	1,000.00	$	1,016.07	$	9.21		1.81	%		184		365
Class I	$	1,000.00	$	1,056.38	$	3.94	$	1,000.00	$	1,021.37	$	3.88		0.76	%		184		365
Class R3	$	1,000.00	$	1,052.52	$	7.19	$	1,000.00	$	1,018.20	$	7.07		1.39	%		184		365
Class R4	$	1,000.00	$	1,054.25	$	5.63	$	1,000.00	$	1,019.73	$	5.53		1.09	%		184		365
Class R5	$	1,000.00	$	1,055.68	$	4.15	$	1,000.00	$	1,021.17	$	4.08		0.80	%		184		365
Class Y	$	1,000.00	$	1,056.27	$	3.53	$	1,000.00	$	1,021.78	$	3.47		0.68	%		184		365
The Hartford Equity Growth Allocation Fund (1)
Class A	$	1,000.00	$	1,105.97	$	3.74	$	1,000.00	$	1,021.65	$	3.59		0.70	%		184		365
Class B	$	1,000.00	$	1,102.36	$	7.37	$	1,000.00	$	1,018.19	$	7.08		1.39	%		184		365
Class C	$	1,000.00	$	1,102.44	$	7.37	$	1,000.00	$	1,018.19	$	7.08		1.39	%		184		365
Class I	$	1,000.00	$	1,108.03	$	2.00	$	1,000.00	$	1,023.30	$	1.92		0.38	%		184		365
Class R3	$	1,000.00	$	1,105.41	$	5.12	$	1,000.00	$	1,020.34	$	4.91		0.97	%		184		365
Class R4	$	1,000.00	$	1,106.69	$	3.72	$	1,000.00	$	1,021.67	$	3.57		0.70	%		184		365
Class R5	$	1,000.00	$	1,107.95	$	2.10	$	1,000.00	$	1,023.21	$	2.02		0.40	%		184		365

­ ­  393  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited) — (continued)

	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2007		Account		Account		April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007		October 31, 2007		ratio			1/2 year		full year
The Hartford Equity Income Fund
Class A	$	1,000.00	$	1,039.94	$	5.77	$	1,000.00	$	1,019.55	$	5.71		1.12	%		184		365
Class B	$	1,000.00	$	1,035.64	$	10.11	$	1,000.00	$	1,015.27	$	10.01		1.97	%		184		365
Class C	$	1,000.00	$	1,036.97	$	9.44	$	1,000.00	$	1,015.94	$	9.34		1.84	%		184		365
Class I	$	1,000.00	$	1,041.65	$	4.16	$	1,000.00	$	1,021.13	$	4.12		0.81	%		184		365
Class R3	$	1,000.00	$	1,038.28	$	7.46	$	1,000.00	$	1,017.88	$	7.39		1.45	%		184		365
Class R4	$	1,000.00	$	1,040.63	$	5.62	$	1,000.00	$	1,019.70	$	5.56		1.09	%		184		365
Class R5	$	1,000.00	$	1,041.34	$	4.19	$	1,000.00	$	1,021.10	$	4.15		0.81	%		184		365
Class Y	$	1,000.00	$	1,042.43	$	3.76	$	1,000.00	$	1,021.53	$	3.72		0.73	%		184		365
The Hartford Floating Rate Fund
Class A	$	1,000.00	$	997.62	$	4.97	$	1,000.00	$	1,020.23	$	5.03		0.99	%		184		365
Class B	$	1,000.00	$	994.59	$	8.79	$	1,000.00	$	1,016.39	$	8.89		1.75	%		184		365
Class C	$	1,000.00	$	993.75	$	8.87	$	1,000.00	$	1,016.31	$	8.97		1.76	%		184		365
Class I	$	1,000.00	$	998.93	$	3.66	$	1,000.00	$	1,021.55	$	3.70		0.73	%		184		365
Class R3	$	1,000.00	$	997.05	$	6.25	$	1,000.00	$	1,018.95	$	6.32		1.24	%		184		365
Class R4	$	1,000.00	$	997.36	$	5.03	$	1,000.00	$	1,020.16	$	5.09		1.00	%		184		365
Class R5	$	1,000.00	$	1,000.30	$	4.31	$	1,000.00	$	1,020.89	$	4.36		0.86	%		184		365
Class Y	$	1,000.00	$	999.03	$	3.58	$	1,000.00	$	1,021.62	$	3.62		0.71	%		184		365
The Hartford Fundamental Growth Fund (2)
Class A	$	1,000.00	$	1,157.68	$	7.89	$	1,000.00	$	1,017.89	$	7.38		1.45	%		184		365
Class B	$	1,000.00	$	1,153.18	$	11.94	$	1,000.00	$	1,014.12	$	11.17		2.20	%		184		365
Class C	$	1,000.00	$	1,154.04	$	11.77	$	1,000.00	$	1,014.28	$	11.01		2.17	%		184		365
Class Y	$	1,000.00	$	1,161.11	$	5.27	$	1,000.00	$	1,020.33	$	4.92		0.97	%		184		365
The Hartford Global Communications Fund
Class A	$	1,000.00	$	1,207.69	$	8.91	$	1,000.00	$	1,017.14	$	8.14		1.60	%		184		365
Class B	$	1,000.00	$	1,202.95	$	12.92	$	1,000.00	$	1,013.48	$	11.81		2.33	%		184		365
Class C	$	1,000.00	$	1,202.04	$	12.90	$	1,000.00	$	1,013.49	$	11.79		2.32	%		184		365
Class Y	$	1,000.00	$	1,210.13	$	5.98	$	1,000.00	$	1,019.80	$	5.46		1.07	%		184		365
The Hartford Global Financial Services Fund
Class A	$	1,000.00	$	995.78	$	8.05	$	1,000.00	$	1,017.14	$	8.14		1.60	%		184		365
Class B	$	1,000.00	$	992.84	$	11.20	$	1,000.00	$	1,013.97	$	11.32		2.23	%		184		365
Class C	$	1,000.00	$	992.10	$	11.80	$	1,000.00	$	1,013.36	$	11.92		2.35	%		184		365
Class Y	$	1,000.00	$	997.91	$	5.82	$	1,000.00	$	1,019.38	$	5.88		1.16	%		184		365
The Hartford Global Growth Fund (3)
Class A	$	1,000.00	$	1,242.29	$	8.33	$	1,000.00	$	1,017.77	$	7.50		1.47	%		184		365
Class B	$	1,000.00	$	1,237.11	$	12.57	$	1,000.00	$	1,013.97	$	11.32		2.23	%		184		365
Class C	$	1,000.00	$	1,238.10	$	12.00	$	1,000.00	$	1,014.48	$	10.80		2.13	%		184		365
Class R3	$	1,000.00	$	1,240.82	$	9.04	$	1,000.00	$	1,017.14	$	8.14		1.60	%		184		365
Class R4	$	1,000.00	$	1,242.97	$	7.34	$	1,000.00	$	1,018.66	$	6.60		1.30	%		184		365
Class R5	$	1,000.00	$	1,244.65	$	5.64	$	1,000.00	$	1,020.18	$	5.08		1.00	%		184		365
Class Y	$	1,000.00	$	1,245.36	$	5.03	$	1,000.00	$	1,020.72	$	4.53		0.89	%		184		365
The Hartford Global Health Fund
Class A	$	1,000.00	$	1,008.56	$	7.10	$	1,000.00	$	1,018.14	$	7.13		1.40	%		184		365
Class B	$	1,000.00	$	1,003.41	$	11.60	$	1,000.00	$	1,013.63	$	11.66		2.30	%		184		365
Class C	$	1,000.00	$	1,004.54	$	10.83	$	1,000.00	$	1,014.40	$	10.89		2.14	%		184		365
Class I	$	1,000.00	$	1,009.58	$	5.50	$	1,000.00	$	1,019.73	$	5.53		1.09	%		184		365
Class R3	$	1,000.00	$	1,006.16	$	8.70	$	1,000.00	$	1,016.54	$	8.74		1.72	%		184		365
Class R4	$	1,000.00	$	1,008.72	$	7.08	$	1,000.00	$	1,018.16	$	7.11		1.40	%		184		365
Class R5	$	1,000.00	$	1,009.74	$	5.67	$	1,000.00	$	1,019.56	$	5.70		1.12	%		184		365
Class Y	$	1,000.00	$	1,010.75	$	4.82	$	1,000.00	$	1,020.41	$	4.85		0.95	%		184		365
The Hartford Global Technology Fund
Class A	$	1,000.00	$	1,183.31	$	8.02	$	1,000.00	$	1,017.85	$	7.42		1.46	%		184		365
Class B	$	1,000.00	$	1,181.03	$	11.52	$	1,000.00	$	1,014.64	$	10.64		2.10	%		184		365
Class C	$	1,000.00	$	1,179.93	$	12.84	$	1,000.00	$	1,013.42	$	11.86		2.34	%		184		365
Class Y	$	1,000.00	$	1,186.31	$	6.05	$	1,000.00	$	1,019.67	$	5.59		1.10	%		184		365

­ ­  394  ­ ­

	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2007		Account		Account		April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007		October 31, 2007		ratio			1/2 year		full year
The Hartford Growth Allocation Fund
Class A	$	1,000.00	$	1,096.75	$	3.16	$	1,000.00	$	1,022.19	$	3.05		0.60	%		184		365
Class B	$	1,000.00	$	1,091.95	$	7.09	$	1,000.00	$	1,018.43	$	6.84		1.34	%		184		365
Class C	$	1,000.00	$	1,092.78	$	7.04	$	1,000.00	$	1,018.48	$	6.79		1.33	%		184		365
Class I	$	1,000.00	$	1,098.56	$	1.25	$	1,000.00	$	1,024.01	$	1.21		0.24	%		184		365
Class R3	$	1,000.00	$	1,094.63	$	4.90	$	1,000.00	$	1,020.52	$	4.73		0.93	%		184		365
Class R4	$	1,000.00	$	1,096.75	$	3.46	$	1,000.00	$	1,021.90	$	3.34		0.65	%		184		365
Class R5	$	1,000.00	$	1,098.19	$	2.00	$	1,000.00	$	1,023.30	$	1.93		0.38	%		184		365
The Hartford Growth Fund
Class A	$	1,000.00	$	1,165.66	$	6.84	$	1,000.00	$	1,018.89	$	6.38		1.25	%		184		365
Class B	$	1,000.00	$	1,161.72	$	11.36	$	1,000.00	$	1,014.69	$	10.59		2.09	%		184		365
Class C	$	1,000.00	$	1,161.84	$	10.67	$	1,000.00	$	1,015.33	$	9.95		1.96	%		184		365
Class I	$	1,000.00	$	1,166.94	$	4.82	$	1,000.00	$	1,020.75	$	4.50		0.88	%		184		365
Class L	$	1,000.00	$	1,168.04	$	5.62	$	1,000.00	$	1,020.02	$	5.24		1.03	%		184		365
Class R3	$	1,000.00	$	1,164.26	$	8.46	$	1,000.00	$	1,017.39	$	7.88		1.55	%		184		365
Class R4	$	1,000.00	$	1,166.22	$	6.33	$	1,000.00	$	1,019.37	$	5.90		1.16	%		184		365
Class R5	$	1,000.00	$	1,167.65	$	4.79	$	1,000.00	$	1,020.79	$	4.46		0.88	%		184		365
Class Y	$	1,000.00	$	1,168.62	$	4.36	$	1,000.00	$	1,021.19	$	4.06		0.80	%		184		365
The Hartford Growth Opportunities Fund
Class A	$	1,000.00	$	1,229.58	$	7.62	$	1,000.00	$	1,018.37	$	6.90		1.36	%		184		365
Class B	$	1,000.00	$	1,224.54	$	11.95	$	1,000.00	$	1,014.46	$	10.82		2.13	%		184		365
Class C	$	1,000.00	$	1,225.60	$	10.95	$	1,000.00	$	1,015.37	$	9.91		1.95	%		184		365
Class I	$	1,000.00	$	1,231.33	$	4.80	$	1,000.00	$	1,020.90	$	4.35		0.85	%		184		365
Class L	$	1,000.00	$	1,232.03	$	5.78	$	1,000.00	$	1,020.03	$	5.23		1.03	%		184		365
Class R3	$	1,000.00	$	1,228.21	$	8.81	$	1,000.00	$	1,017.30	$	7.97		1.57	%		184		365
Class R4	$	1,000.00	$	1,231.76	$	6.89	$	1,000.00	$	1,019.03	$	6.23		1.23	%		184		365
Class R5	$	1,000.00	$	1,232.09	$	5.10	$	1,000.00	$	1,020.64	$	4.61		0.91	%		184		365
Class Y	$	1,000.00	$	1,232.96	$	4.48	$	1,000.00	$	1,021.19	$	4.06		0.80	%		184		365
The Hartford High Yield Fund
Class A	$	1,000.00	$	997.82	$	5.84	$	1,000.00	$	1,019.36	$	5.90		1.16	%		184		365
Class B	$	1,000.00	$	995.26	$	9.55	$	1,000.00	$	1,015.64	$	9.65		1.90	%		184		365
Class C	$	1,000.00	$	994.35	$	9.28	$	1,000.00	$	1,015.90	$	9.38		1.85	%		184		365
Class I	$	1,000.00	$	1,000.51	$	3.18	$	1,000.00	$	1,017.78	$	3.20		0.76	%		153		365
Class R3	$	1,000.00	$	996.65	$	7.08	$	1,000.00	$	1,018.11	$	7.16		1.41	%		184		365
Class R4	$	1,000.00	$	998.14	$	5.57	$	1,000.00	$	1,019.63	$	5.63		1.11	%		184		365
Class R5	$	1,000.00	$	999.38	$	4.31	$	1,000.00	$	1,020.90	$	4.35		0.85	%		184		365
Class Y	$	1,000.00	$	1,001.35	$	3.48	$	1,000.00	$	1,021.73	$	3.52		0.69	%		184		365
The Hartford High Yield Municipal Bond Fund
Class A	$	1,000.00	$	965.90	$	1.04	$	1,000.00	$	1,019.90	$	1.06		0.25	%		153		365
Class B	$	1,000.00	$	962.90	$	4.13	$	1,000.00	$	1,016.75	$	4.24		1.00	%		153		365
Class C	$	1,000.00	$	962.90	$	4.16	$	1,000.00	$	1,016.72	$	4.27		1.01	%		153		365
Class I	$	1,000.00	$	967.90	$	0.00	$	1,000.00	$	1,020.96	$	0.00		0.00	%		153		365
The Hartford Income Allocation Fund
Class A	$	1,000.00	$	1,015.49	$	2.94	$	1,000.00	$	1,022.29	$	2.95		0.58	%		184		365
Class B	$	1,000.00	$	1,010.94	$	6.48	$	1,000.00	$	1,018.76	$	6.51		1.28	%		184		365
Class C	$	1,000.00	$	1,011.96	$	6.49	$	1,000.00	$	1,018.75	$	6.51		1.28	%		184		365
Class I	$	1,000.00	$	1,016.78	$	1.68	$	1,000.00	$	1,023.54	$	1.68		0.33	%		184		365
Class R3	$	1,000.00	$	1,013.47	$	4.92	$	1,000.00	$	1,020.32	$	4.93		0.97	%		184		365
Class R4	$	1,000.00	$	1,014.31	$	3.44	$	1,000.00	$	1,021.79	$	3.45		0.68	%		184		365
Class R5	$	1,000.00	$	1,016.56	$	1.88	$	1,000.00	$	1,023.35	$	1.88		0.37	%		184		365
The Hartford Income Fund
Class A	$	1,000.00	$	1,003.73	$	4.79	$	1,000.00	$	1,020.42	$	4.83		0.95	%		184		365
Class B	$	1,000.00	$	999.94	$	8.57	$	1,000.00	$	1,016.64	$	8.64		1.70	%		184		365
Class C	$	1,000.00	$	999.92	$	8.57	$	1,000.00	$	1,016.64	$	8.64		1.70	%		184		365
Class Y	$	1,000.00	$	1,004.13	$	3.49	$	1,000.00	$	1,021.72	$	3.52		0.69	%		184		365

­ ­  395  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited) — (continued)

	Actual return						Hypothetical (5% return before expenses)
					Expenses paid							Expenses paid
	Beginning		Ending		during the period		Beginning		Ending			during the period					Days
	Account		Account		April 30, 2007		Account		Account			April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value			through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007			October 31, 2007		ratio			1/2 year		full year
The Hartford Inflation Plus Fund
Class A	$	1,000.00	$	1,041.30	$	4.37	$	1,000.00	$	1,020.92		$	4.33		0.85	%		184		365
Class B	$	1,000.00	$	1,036.53	$	8.21	$	1,000.00	$	1,017.14		$	8.14		1.60	%		184		365
Class C	$	1,000.00	$	1,036.56	$	8.21	$	1,000.00	$	1,017.14		$	8.14		1.60	%		184		365
Class I	$	1,000.00	$	1,042.48	$	2.98	$	1,000.00	$	1,022.28		$	2.96		0.58	%		184		365
Class R3	$	1,000.00	$	1,039.24	$	6.42	$	1,000.00	$	1,018.91		$	6.35		1.25	%		184		365
Class R4	$	1,000.00	$	1,039.53	$	5.16	$	1,000.00	$	1,020.15		$	5.11		1.00	%		184		365
Class R5	$	1,000.00	$	1,041.75	$	3.75	$	1,000.00	$	1,021.54		$	3.71		0.73	%		184		365
Class Y	$	1,000.00	$	1,042.52	$	2.71	$	1,000.00	$	1,022.55		$	2.69		0.53	%		184		365
The Hartford International Growth Fund (4)
Class A	$	1,000.00	$	1,231.62	$	8.35	$	1,000.00	$	1,017.72		$	7.55		1.48	%		184		365
Class B	$	1,000.00	$	1,225.76	$	13.20	$	1,000.00	$	1,013.34		$	11.94		2.35	%		184		365
Class C	$	1,000.00	$	1,227.12	$	12.32	$	1,000.00	$	1,014.14		$	11.14		2.19	%		184		365
Class I	$	1,000.00	$	1,232.94	$	6.20	$	1,000.00	$	1,019.65		$	5.61		1.10	%		184		365
Class R3	$	1,000.00	$	1,229.39	$	10.23	$	1,000.00	$	1,016.03		$	9.25		1.82	%		184		365
Class R4	$	1,000.00	$	1,231.65	$	7.93	$	1,000.00	$	1,018.10		$	7.17		1.41	%		184		365
Class R5	$	1,000.00	$	1,234.06	$	6.26	$	1,000.00	$	1,019.60		$	5.66		1.11	%		184		365
Class Y	$	1,000.00	$	1,234.39	$	6.01	$	1,000.00	$	1,019.83		$	5.43		1.07	%		184		365
The Hartford International Opportunities Fund
Class A	$	1,000.00	$	1,215.96	$	8.35	$	1,000.00	$	1,017.67		$	7.60		1.50	%		184		365
Class B	$	1,000.00	$	1,211.44	$	12.27	$	1,000.00	$	1,014.11		$	11.17		2.20	%		184		365
Class C	$	1,000.00	$	1,211.54	$	12.37	$	1,000.00	$	1,014.02		$	11.26		2.22	%		184		365
Class R3	$	1,000.00	$	1,214.91	$	9.28	$	1,000.00	$	1,016.83		$	8.45		1.66	%		184		365
Class R4	$	1,000.00	$	1,216.85	$	7.50	$	1,000.00	$	1,018.44		$	6.83		1.34	%		184		365
Class R5	$	1,000.00	$	1,218.78	$	5.81	$	1,000.00	$	1,019.97		$	5.29		1.04	%		184		365
Class Y	$	1,000.00	$	1,219.09	$	5.40	$	1,000.00	$	1,020.33		$	4.92		0.97	%		184		365
The Hartford International Small Company Fund
Class A	$	1,000.00	$	1,084.39	$	7.83	$	1,000.00	$	1,017.69		$	7.58		1.49	%		184		365
Class B	$	1,000.00	$	1,079.65	$	11.99	$	1,000.00	$	1,013.67		$	11.61		2.29	%		184		365
Class C	$	1,000.00	$	1,079.92	$	11.74	$	1,000.00	$	1,013.92		$	11.37		2.24	%		184		365
Class I	$	1,000.00	$	1,086.20	$	5.25	$	1,000.00	$	1,015.92		$	5.07		1.20	%		153		365
Class Y	$	1,000.00	$	1,086.90	$	5.36	$	1,000.00	$	1,020.07		$	5.19		1.02	%		184		365
The Hartford LargeCap Growth Fund
Class A	$	1,000.00	$	1,053.28	$	5.24	$	1,000.00	$	1,020.10		$	5.16		1.01	%		184		365
Class B	$	1,000.00	$	1,047.66	$	9.98	$	1,000.00	$	1,015.46	��	$	9.82		1.93	%		184		365
Class C	$	1,000.00	$	1,047.66	$	9.79	$	1,000.00	$	1,015.64		$	9.64		1.90	%		184		365
Class Y	$	1,000.00	$	1,053.18	$	4.40	$	1,000.00	$	1,020.92		$	4.33		0.85	%		184		365
The Hartford MidCap Fund
Class A	$	1,000.00	$	1,094.42	$	6.37	$	1,000.00	$	1,019.12		$	6.14		1.21	%		184		365
Class B	$	1,000.00	$	1,089.97	$	10.36	$	1,000.00	$	1,015.29		$	9.99		1.97	%		184		365
Class C	$	1,000.00	$	1,090.75	$	9.95	$	1,000.00	$	1,015.68		$	9.60		1.89	%		184		365
Class Y	$	1,000.00	$	1,096.53	$	4.13	$	1,000.00	$	1,021.27		$	3.98		0.78	%		184		365
The Hartford MidCap Growth Fund
Class A	$	1,000.00	$	1,047.77	$	6.26	$	1,000.00	$	1,019.09		$	6.17		1.21	%		184		365
Class B	$	1,000.00	$	1,041.57	$	11.29	$	1,000.00	$	1,014.14		$	11.14		2.19	%		184		365
Class C	$	1,000.00	$	1,042.43	$	10.66	$	1,000.00	$	1,014.76		$	10.52		2.07	%		184		365
Class Y	$	1,000.00	$	1,049.32	$	4.69	$	1,000.00	$	1,020.63		$	4.62		0.91	%		184		365
The Hartford MidCap Value Fund
Class A	$	1,000.00	$	1,007.49	$	7.01	$	1,000.00	$	1,018.22		$	7.05		1.39	%		184		365
Class B	$	1,000.00	$	1,003.60	$	10.85	$	1,000.00	$	1,014.37		$	10.91		2.15	%		184		365
Class C	$	1,000.00	$	1,003.59	$	10.49	$	1,000.00	$	1,014.74		$	10.55		2.08	%		184		365
Class Y	$	1,000.00	$	1,009.84	$	4.60	$	1,000.00	$	1,020.63		$	4.63		0.91	%		184		365
The Hartford Money Market Fund
Class A	$	1,000.00	$	1,022.28	$	4.84	$	1,000.00	$	1,020.42		$	4.84		0.95	%		184		365
Class B	$	1,000.00	$	1,018.43	$	8.65	$	1,000.00	$	1,016.63		$	8.65		1.70	%		184		365
Class C	$	1,000.00	$	1,018.51	$	8.57	$	1,000.00	$	1,016.72		$	8.56		1.68	%		184		365
Class R3	$	1,000.00	$	1,020.98	$	6.11	$	1,000.00	$	1,019.16		$	6.11		1.20	%		184		365
Class R4	$	1,000.00	$	1,023.10	$	4.59	$	1,000.00	$	1,020.67		$	4.58		0.90	%		184		365
Class R5	$	1,000.00	$	1,024.24	$	3.06	$	1,000.00	$	1,022.18		$	3.06		0.60	%		184		365
Class Y	$	1,000.00	$	1,024.27	$	2.84	$	1,000.00	$	1,022.40		$	2.84		0.56	%		184		365

­ ­  396  ­ ­

	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2007		Account		Account		April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007		October 31, 2007		ratio			1/2 year		full year
The Hartford Retirement Income Fund
Class A	$	1,000.00	$	1,039.02	$	2.41	$	1,000.00	$	1,022.84	$	2.39		0.47	%		184		365
Class B	$	1,000.00	$	1,035.10	$	6.18	$	1,000.00	$	1,019.13	$	6.13		1.21	%		184		365
Class C	$	1,000.00	$	1,035.19	$	6.19	$	1,000.00	$	1,019.12	$	6.14		1.21	%		184		365
Class R3	$	1,000.00	$	1,036.99	$	4.38	$	1,000.00	$	1,020.90	$	4.35		0.85	%		184		365
Class R4	$	1,000.00	$	1,038.61	$	2.95	$	1,000.00	$	1,022.31	$	2.93		0.58	%		184		365
Class R5	$	1,000.00	$	1,040.13	$	1.30	$	1,000.00	$	1,023.93	$	1.29		0.25	%		184		365
Class Y	$	1,000.00	$	1,040.53	$	0.79	$	1,000.00	$	1,024.43	$	0.79		0.15	%		184		365
The Hartford Select MidCap Growth Fund
Class A	$	1,000.00	$	1,046.88	$	6.97	$	1,000.00	$	1,018.40	$	6.87		1.35	%		184		365
Class B	$	1,000.00	$	1,044.28	$	9.90	$	1,000.00	$	1,015.52	$	9.76		1.92	%		184		365
Class C	$	1,000.00	$	1,043.55	$	10.82	$	1,000.00	$	1,014.62	$	10.67		2.10	%		184		365
Class Y	$	1,000.00	$	1,049.71	$	4.91	$	1,000.00	$	1,020.42	$	4.84		0.95	%		184		365
The Hartford Select MidCap Value Fund
Class A	$	1,000.00	$	908.89	$	6.25	$	1,000.00	$	1,018.66	$	6.61		1.30	%		184		365
Class B	$	1,000.00	$	906.06	$	9.47	$	1,000.00	$	1,015.27	$	10.01		1.97	%		184		365
Class C	$	1,000.00	$	905.30	$	9.84	$	1,000.00	$	1,014.88	$	10.41		2.05	%		184		365
Class Y	$	1,000.00	$	910.51	$	3.86	$	1,000.00	$	1,021.17	$	4.08		0.80	%		184		365
The Hartford Select SmallCap Value Fund
Class A	$	1,000.00	$	994.94	$	7.29	$	1,000.00	$	1,017.90	$	7.37		1.45	%		184		365
Class B	$	1,000.00	$	989.80	$	12.20	$	1,000.00	$	1,012.95	$	12.34		2.43	%		184		365
Class C	$	1,000.00	$	989.81	$	12.12	$	1,000.00	$	1,013.03	$	12.26		2.42	%		184		365
Class Y	$	1,000.00	$	996.62	$	5.87	$	1,000.00	$	1,019.32	$	5.94		1.17	%		184		365
The Hartford Short Duration Fund
Class A	$	1,000.00	$	1,014.48	$	4.57	$	1,000.00	$	1,020.67	$	4.58		0.90	%		184		365
Class B	$	1,000.00	$	1,010.65	$	8.36	$	1,000.00	$	1,016.89	$	8.38		1.65	%		184		365
Class C	$	1,000.00	$	1,010.65	$	8.35	$	1,000.00	$	1,016.90	$	8.38		1.65	%		184		365
Class Y	$	1,000.00	$	1,015.83	$	3.26	$	1,000.00	$	1,021.97	$	3.27		0.64	%		184		365
The Hartford Small Company Fund
Class A	$	1,000.00	$	1,092.94	$	7.39	$	1,000.00	$	1,018.14	$	7.13		1.40	%		184		365
Class B	$	1,000.00	$	1,088.87	$	11.23	$	1,000.00	$	1,014.46	$	10.83		2.13	%		184		365
Class C	$	1,000.00	$	1,088.78	$	11.33	$	1,000.00	$	1,014.36	$	10.92		2.15	%		184		365
Class I	$	1,000.00	$	1,094.52	$	6.00	$	1,000.00	$	1,019.47	$	5.79		1.14	%		184		365
Class R3	$	1,000.00	$	1,091.25	$	8.69	$	1,000.00	$	1,016.90	$	8.38		1.65	%		184		365
Class R4	$	1,000.00	$	1,093.71	$	7.07	$	1,000.00	$	1,018.46	$	6.81		1.34	%		184		365
Class R5	$	1,000.00	$	1,094.86	$	5.54	$	1,000.00	$	1,019.92	$	5.34		1.05	%		184		365
Class Y	$	1,000.00	$	1,095.66	$	4.82	$	1,000.00	$	1,020.60	$	4.65		0.91	%		184		365
The Hartford SmallCap Growth Fund
Class A	$	1,000.00	$	997.92	$	6.99	$	1,000.00	$	1,018.21	$	7.06		1.39	%		184		365
Class B	$	1,000.00	$	994.68	$	10.09	$	1,000.00	$	1,015.09	$	10.20		2.01	%		184		365
Class C	$	1,000.00	$	994.34	$	10.79	$	1,000.00	$	1,014.39	$	10.90		2.15	%		184		365
Class I	$	1,000.00	$	999.41	$	6.01	$	1,000.00	$	1,019.20	$	6.07		1.19	%		184		365
Class L	$	1,000.00	$	998.81	$	5.90	$	1,000.00	$	1,019.30	$	5.96		1.17	%		184		365
Class R3	$	1,000.00	$	996.50	$	8.33	$	1,000.00	$	1,016.86	$	8.42		1.66	%		184		365
Class R4	$	1,000.00	$	998.25	$	6.91	$	1,000.00	$	1,018.29	$	6.98		1.37	%		184		365
Class R5	$	1,000.00	$	999.71	$	5.32	$	1,000.00	$	1,019.89	$	5.37		1.05	%		184		365
Class Y	$	1,000.00	$	1,000.58	$	4.93	$	1,000.00	$	1,020.28	$	4.97		0.98	%		184		365
The Hartford Stock Fund
Class A	$	1,000.00	$	1,065.77	$	6.66	$	1,000.00	$	1,018.75	$	6.51		1.28	%		184		365
Class B	$	1,000.00	$	1,061.27	$	10.82	$	1,000.00	$	1,014.71	$	10.57		2.08	%		184		365
Class C	$	1,000.00	$	1,061.69	$	10.15	$	1,000.00	$	1,015.36	$	9.92		1.95	%		184		365
Class R3	$	1,000.00	$	1,064.54	$	7.84	$	1,000.00	$	1,017.61	$	7.66		1.51	%		184		365
Class R4	$	1,000.00	$	1,066.14	$	6.18	$	1,000.00	$	1,019.22	$	6.04		1.19	%		184		365
Class R5	$	1,000.00	$	1,067.75	$	4.72	$	1,000.00	$	1,020.64	$	4.62		0.91	%		184		365
Class Y	$	1,000.00	$	1,068.56	$	3.90	$	1,000.00	$	1,021.43	$	3.81		0.75	%		184		365

­ ­  397  ­ ­

The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Expense Example (Unaudited) — (continued)

	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2007		Account		Account		April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007		October 31, 2007		ratio			1/2 year		full year
The Hartford Strategic Income Fund
Class A	$	1,000.00	$	1,015.30	$	1.97	$	1,000.00	$	1,019.00	$	1.98		0.47	%		153		365
Class B	$	1,000.00	$	1,012.10	$	5.31	$	1,000.00	$	1,015.68	$	5.32		1.26	%		153		365
Class C	$	1,000.00	$	1,013.10	$	5.33	$	1,000.00	$	1,015.67	$	5.33		1.26	%		153		365
Class I	$	1,000.00	$	1,018.40	$	1.13	$	1,000.00	$	1,019.84	$	1.13		0.27	%		153		365
Class Y	$	1,000.00	$	1,032.80	$	0.41	$	1,000.00	$	1,007.96	$	0.40		0.24	%		61		365
The Hartford Target Retirement 2010 Fund
Class A	$	1,000.00	$	1,066.73	$	2.65	$	1,000.00	$	1,022.64	$	2.60		0.51	%		184		365
Class B	$	1,000.00	$	1,061.85	$	6.55	$	1,000.00	$	1,018.85	$	6.41		1.26	%		184		365
Class C	$	1,000.00	$	1,063.07	$	6.56	$	1,000.00	$	1,018.85	$	6.42		1.26	%		184		365
Class R3	$	1,000.00	$	1,064.62	$	4.73	$	1,000.00	$	1,020.62	$	4.63		0.91	%		184		365
Class R4	$	1,000.00	$	1,066.92	$	3.25	$	1,000.00	$	1,022.06	$	3.18		0.62	%		184		365
Class R5	$	1,000.00	$	1,067.70	$	1.61	$	1,000.00	$	1,023.65	$	1.58		0.31	%		184		365
Class Y	$	1,000.00	$	1,068.18	$	1.09	$	1,000.00	$	1,024.15	$	1.07		0.21	%		184		365
The Hartford Target Retirement 2020 Fund
Class A	$	1,000.00	$	1,066.34	$	2.71	$	1,000.00	$	1,022.58	$	2.65		0.52	%		184		365
Class B	$	1,000.00	$	1,062.01	$	7.01	$	1,000.00	$	1,018.40	$	6.87		1.35	%		184		365
Class C	$	1,000.00	$	1,062.59	$	6.61	$	1,000.00	$	1,018.80	$	6.47		1.27	%		184		365
Class R3	$	1,000.00	$	1,064.14	$	4.78	$	1,000.00	$	1,020.57	$	4.68		0.92	%		184		365
Class R4	$	1,000.00	$	1,066.42	$	3.29	$	1,000.00	$	1,022.02	$	3.22		0.63	%		184		365
Class R5	$	1,000.00	$	1,067.23	$	1.66	$	1,000.00	$	1,023.60	$	1.63		0.32	%		184		365
Class Y	$	1,000.00	$	1,067.65	$	1.14	$	1,000.00	$	1,024.10	$	1.12		0.22	%		184		365
The Hartford Target Retirement 2030 Fund
Class A	$	1,000.00	$	1,086.57	$	2.89	$	1,000.00	$	1,022.43	$	2.81		0.55	%		184		365
Class B	$	1,000.00	$	1,083.50	$	5.94	$	1,000.00	$	1,019.50	$	5.76		1.13	%		184		365
Class C	$	1,000.00	$	1,081.43	$	6.75	$	1,000.00	$	1,018.72	$	6.55		1.29	%		184		365
Class R3	$	1,000.00	$	1,084.75	$	4.99	$	1,000.00	$	1,020.42	$	4.83		0.95	%		184		365
Class R4	$	1,000.00	$	1,086.65	$	3.50	$	1,000.00	$	1,021.85	$	3.39		0.67	%		184		365
Class R5	$	1,000.00	$	1,087.56	$	1.84	$	1,000.00	$	1,023.45	$	1.78		0.35	%		184		365
Class Y	$	1,000.00	$	1,088.47	$	1.31	$	1,000.00	$	1,023.95	$	1.27		0.25	%		184		365
The Hartford Tax-Free California Fund
Class A	$	1,000.00	$	984.42	$	4.25	$	1,000.00	$	1,020.92	$	4.33		0.85	%		184		365
Class B	$	1,000.00	$	980.69	$	7.99	$	1,000.00	$	1,017.14	$	8.14		1.60	%		184		365
Class C	$	1,000.00	$	980.72	$	7.98	$	1,000.00	$	1,017.15	$	8.12		1.60	%		184		365
The Hartford Tax-Free Minnesota Fund
Class A	$	1,000.00	$	995.14	$	4.27	$	1,000.00	$	1,020.92	$	4.33		0.85	%		184		365
Class B	$	1,000.00	$	991.41	$	8.03	$	1,000.00	$	1,017.14	$	8.13		1.60	%		184		365
Class C	$	1,000.00	$	990.42	$	8.01	$	1,000.00	$	1,017.16	$	8.12		1.60	%		184		365
Class L	$	1,000.00	$	994.93	$	4.52	$	1,000.00	$	1,020.67	$	4.58		0.90	%		184		365
Class Y	$	1,000.00	$	995.81	$	3.57	$	1,000.00	$	1,021.62	$	3.62		0.71	%		184		365
The Hartford Tax-Free National Fund
Class A	$	1,000.00	$	987.17	$	4.26	$	1,000.00	$	1,020.92	$	4.33		0.85	%		184		365
Class B	$	1,000.00	$	983.36	$	7.99	$	1,000.00	$	1,017.14	$	8.13		1.60	%		184		365
Class C	$	1,000.00	$	983.39	$	8.00	$	1,000.00	$	1,017.14	$	8.13		1.60	%		184		365
Class I	$	1,000.00	$	989.98	$	2.58	$	1,000.00	$	1,018.36	$	2.62		0.62	%		153		365
Class L	$	1,000.00	$	987.29	$	4.09	$	1,000.00	$	1,021.09	$	4.16		0.82	%		184		365
Class Y	$	1,000.00	$	988.28	$	3.08	$	1,000.00	$	1,022.10	$	3.14		0.62	%		184		365
The Hartford Tax-Free New York Fund
Class A	$	1,000.00	$	991.60	$	4.26	$	1,000.00	$	1,020.92	$	4.33		0.85	%		184		365
Class B	$	1,000.00	$	987.85	$	8.01	$	1,000.00	$	1,017.14	$	8.13		1.60	%		184		365
Class C	$	1,000.00	$	987.86	$	8.01	$	1,000.00	$	1,017.14	$	8.13		1.60	%		184		365
The Hartford Total Return Bond Fund
Class A	$	1,000.00	$	1,012.03	$	5.07	$	1,000.00	$	1,020.17	$	5.09		1.00	%		184		365
Class B	$	1,000.00	$	1,009.24	$	8.86	$	1,000.00	$	1,016.39	$	8.89		1.75	%		184		365
Class C	$	1,000.00	$	1,009.15	$	8.86	$	1,000.00	$	1,016.39	$	8.89		1.75	%		184		365
Class I	$	1,000.00	$	1,013.62	$	3.73	$	1,000.00	$	1,021.50	$	3.74		0.73	%		184		365
Class R3	$	1,000.00	$	1,011.61	$	6.37	$	1,000.00	$	1,018.87	$	6.40		1.26	%		184		365
Class R4	$	1,000.00	$	1,013.83	$	5.08	$	1,000.00	$	1,020.16	$	5.09		1.00	%		184		365
Class R5	$	1,000.00	$	1,013.90	$	3.93	$	1,000.00	$	1,021.30	$	3.94		0.77	%		184		365
Class Y	$	1,000.00	$	1,013.87	$	3.14	$	1,000.00	$	1,022.09	$	3.15		0.62	%		184		365

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	Actual return						Hypothetical (5% return before expenses)
					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		April 30, 2007		Account		Account		April 30, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	April 30, 2007		October 31, 2007		October 31, 2007		April 30, 2007		October 31, 2007		October 31, 2007		ratio			1/2 year		full year
The Hartford U.S. Government Securities Fund
Class A	$	1,000.00	$	1,007.28	$	5.06	$	1,000.00	$	1,020.16	$	5.09		1.00	%		184		365
Class B	$	1,000.00	$	1,003.74	$	8.59	$	1,000.00	$	1,016.64	$	8.64		1.70	%		184		365
Class C	$	1,000.00	$	1,003.53	$	8.84	$	1,000.00	$	1,016.38	$	8.90		1.75	%		184		365
Class L	$	1,000.00	$	1,007.68	$	4.53	$	1,000.00	$	1,020.70	$	4.56		0.89	%		184		365
Class Y	$	1,000.00	$	1,009.94	$	3.36	$	1,000.00	$	1,021.87	$	3.38		0.66	%		184		365
The Hartford Value Fund
Class A	$	1,000.00	$	1,057.63	$	6.94	$	1,000.00	$	1,018.46	$	6.81		1.34	%		184		365
Class B	$	1,000.00	$	1,053.52	$	11.19	$	1,000.00	$	1,014.31	$	10.98		2.16	%		184		365
Class C	$	1,000.00	$	1,053.52	$	10.90	$	1,000.00	$	1,014.59	$	10.69		2.11	%		184		365
Class I	$	1,000.00	$	1,059.13	$	4.35	$	1,000.00	$	1,016.73	$	4.26		1.01	%		153		365
Class R3	$	1,000.00	$	1,055.81	$	8.58	$	1,000.00	$	1,016.86	$	8.42		1.66	%		184		365
Class R4	$	1,000.00	$	1,057.27	$	6.97	$	1,000.00	$	1,018.43	$	6.84		1.34	%		184		365
Class R5	$	1,000.00	$	1,058.69	$	5.47	$	1,000.00	$	1,019.89	$	5.37		1.05	%		184		365
Class Y	$	1,000.00	$	1,059.40	$	4.72	$	1,000.00	$	1,020.62	$	4.63		0.91	%		184		365
The Hartford Value Opportunities Fund
Class A	$	1,000.00	$	980.65	$	6.99	$	1,000.00	$	1,018.14	$	7.13		1.40	%		184		365
Class B	$	1,000.00	$	977.25	$	10.60	$	1,000.00	$	1,014.48	$	10.80		2.13	%		184		365
Class C	$	1,000.00	$	977.19	$	10.72	$	1,000.00	$	1,014.36	$	10.93		2.15	%		184		365
Class I	$	1,000.00	$	981.77	$	5.81	$	1,000.00	$	1,019.34	$	5.92		1.16	%		184		365
Class L	$	1,000.00	$	982.66	$	6.15	$	1,000.00	$	1,019.01	$	6.26		1.23	%		184		365
Class R3	$	1,000.00	$	979.42	$	8.43	$	1,000.00	$	1,016.69	$	8.59		1.69	%		184		365
Class R4	$	1,000.00	$	981.02	$	6.89	$	1,000.00	$	1,018.25	$	7.02		1.38	%		184		365
Class R5	$	1,000.00	$	982.62	$	5.27	$	1,000.00	$	1,019.88	$	5.37		1.06	%		184		365
Class Y	$	1,000.00	$	982.17	$	4.89	$	1,000.00	$	1,020.27	$	4.98		0.98	%		184		365

(1)	Formerly known as The Hartford Aggressive Growth Allocation Fund.
(2)	Formerly known as The Hartford Focus Fund.
(3)	Formerly known as The Hartford Global Leaders Fund.
(4)	Formerly known as The Hartford International Capital Appreciation Fund.

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Shareholder Meeting Results (Unaudited)

The following proposals were addressed and approved during the period. *Indicates that the proposal was addressed at a special meeting of shareholders held on June 26, 2007. **Indicates that the proposal was addressed at a subsequent adjourned special meeting of shareholders held on July 24, 2007.

1.  Proposal to approve a sub-advisory agreement between HIFSCO, the investment manager of The Hartford Equity Growth Allocation Fund, and Hartford Investment Management Company (“Hartford Investment Management”), an affiliate of HIFSCO, pursuant to which Hartford Investment Management will serve as the sub-adviser to The Hartford Equity Growth Allocation Fund and manage such Fund’s assets.

Fund Name	For		Against		Abstain
The Hartford Equity Growth Allocation Fund**		8,757,899.842		120,451.328		359,965.547

2.  Proposal to approve a sub-advisory agreement between HIFSCO, the investment manager of The Hartford Growth Allocation Fund, and Hartford Investment Management, an affiliate of HIFSCO, pursuant to which Hartford Investment Management will serve as the sub-adviser to The Hartford Growth Allocation Fund and manage such Fund’s assets.

Fund Name	For		Against		Abstain
The Hartford Growth Allocation Fund**		28,380,387.456		530,895.996		1,303,477.833

3.  Proposal to approve a sub-advisory agreement between HIFSCO, the investment manager of The Hartford Balanced Allocation Fund, and Hartford Investment Management, an affiliate of HIFSCO, pursuant to which Hartford Investment Management will serve as the sub-adviser to The Hartford Balanced Allocation Fund and manage such Fund’s assets.

Fund Name	For		Against		Abstain
The Hartford Balanced Allocation Fund*		33,439,194.182		680,663.464		1,383,864.265

4.  Proposal to approve a sub-advisory agreement between HIFSCO, the investment manager of The Hartford Conservative Allocation Fund, and Hartford Investment Management, an affiliate of HIFSCO, pursuant to which Hartford Investment Management will serve as the sub-adviser to The Hartford Conservative Allocation Fund and manage such Fund’s assets.

Fund Name	For		Against		Abstain
The Hartford Conservative Allocation Fund*		7,630,549.848		159,361.635		338,249.461

5.  Proposal to approve a sub-advisory agreement between HIFSCO, the investment manager of The Hartford Income Allocation Fund, and Hartford Investment Management, an affiliate of HIFSCO, pursuant to which Hartford Investment Management will serve as the sub-adviser to The Hartford Income Allocation Fund and manage such Fund’s assets.

Fund Name	For		Against		Abstain
The Hartford Income Allocation Fund*		2,279,144.929		24,483.966		70,246.378

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval Of Investment Management And Investment Sub-Advisory Agreements (Unaudited)

Section 15(c) of the Investment Company Act of 1940, as amended (the “1940 Act”), requires that each mutual fund’s board of directors, including a majority of those directors who are not “interested persons” of the mutual fund, as defined in the 1940 Act (“Independent Directors”), annually review and consider the continuation of the mutual fund’s investment advisory and sub-advisory agreements, after an initial two-year period.

At a meeting held on August 7-8, 2007, the Boards of Directors (the “Board”) of the Funds, including each of the Independent Directors, unanimously voted to approve the investment management agreement for each Fund with an agreement up for renewal with Hartford Investment Financial Services, LLC (“HIFSCO”) and the investment sub-advisory agreements between HIFSCO and each Fund’s respective sub-adviser(s) (“sub-advisers,” and together with HIFSCO, “advisers”) — Hartford Investment Management Company (“Hartford Investment Management”), Kayne Anderson Rudnick Investment Management, LLC, Metropolitan West Capital Management, LLC, SSgA Funds Management, Inc., and Wellington Management Company, LLP (collectively, the “agreements”). In the months preceding this meeting, the Board requested, received, and reviewed written responses from the advisers to questions posed to them on behalf of the Independent Directors and supporting materials relating to those questions and responses. In addition, the Board received in-person presentations about each Fund and the related agreements by Fund officers and representatives of HIFSCO at the Board’s meetings on June 19-20, 2007 and August 7-8, 2007. In considering the approval of the agreements, the Board also took into account information provided to the Board at its meetings throughout the year, including reports on Fund performance, compliance, shareholder services, and the other services provided to the Funds by the advisers, and their affiliates.

The Independent Directors, advised by independent legal counsel, engaged two service providers to assist them with evaluating the agreements with respect to each Fund. Lipper, Inc. (“Lipper”), an independent provider of investment company data, was retained to provide the Board with reports on how each Fund’s management fees, administrative fees, overall expense ratios, and investment performance compared to those of mutual funds with similar investment objectives in various peer groups (“peer funds”). The Independent Directors also engaged an independent financial services consulting firm (the “Consultant”) to assist them in evaluating each Fund’s advisory fees, administrative fees, overall expense ratios and investment performance.

The Board considered the agreements for each Fund at the June and August meetings. In connection with these deliberations, HIFSCO agreed to reduce fees and shareholder expenses for a number of Funds. In determining to continue the agreements for each Fund, the Board determined that the proposed management fee structure for each Fund was fair and reasonable and that continuation of the agreements was in the best interest of each Fund and its shareholders. In determining to re-approve the agreements, the Board considered the following categories of material factors, among others, relating to the agreements.

Nature, Extent And Quality Of Services

The Board requested and considered information concerning the nature, extent, and quality of the services provided to the Funds by the advisers. The Board considered, among other things, the terms of the agreements, the range of services provided, and the advisers’ organizational structure, systems and personnel. The Board received information on the experience of senior management and relevant investment and other personnel of the advisers, and the adequacy of the time and attention devoted by them to the Funds. The Board considered each adviser’s reputation and overall financial strength, as well as its willingness to consider and implement organizational and operational changes, including hiring additional personnel, designed to improve services to the Funds, and its investments in infrastructure in light of increased regulatory requirements and other developments. In addition, the Board considered the quality of each adviser’s communications with the Board, and responsiveness to Board inquiries.

The Board also requested and evaluated information concerning each adviser’s regulatory and compliance environment. In this regard, the Board requested and reviewed information on each adviser’s compliance policies and procedures, their compliance history, and a report from the Funds’ Chief Compliance Officer on each adviser’s compliance with applicable laws and regulations, including their responses to regulatory developments and compliance issues raised by regulators. The Board also noted the advisers’ support of the Funds’ compliance control structure, particularly the resources devoted by the advisers in support of the Funds’ obligations pursuant to Rule 38a-1 under the 1940 Act.

With respect to HIFSCO, the Board noted that under the agreements, HIFSCO is responsible for the management of each Fund, including overseeing fund operations and service providers, and provides administrative services to the Funds as well as investment advisory services in connection with selecting, monitoring and supervising sub-advisers. The Board considered that HIFSCO or its affiliates are responsible for providing the Funds’ officers and paying their salaries and expenses. In addition, the Board considered the nature and quality of the services provided to the Funds and their shareholders by HIFSCO’s affiliates.

With respect to the sub-advisers, who provide day-to-day portfolio management services, the Board considered the quality of each sub-adviser’s investment personnel, their ability to attract and retain qualified investment professionals, their investment philosophy and process, investment research capabilities and resources, performance record, trade execution capabilities and experience.

Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services provided to the Funds by HIFSCO and each of the sub-advisers.

Performance of the Funds, HIFSCO, and the Sub-Advisers

The Board considered the investment performance of each Fund. In this regard, the Board considered information and materials provided to the Board from HIFSCO and Lipper comparing each Fund’s short-term and long-term and recent investment performance over various periods of time with appropriate benchmark indices, and with a performance universe of funds selected by Lipper. This information included performance reports (provided by Lipper and HIFSCO) and discussions with portfolio managers and other representatives of the sub-advisers at Board meetings throughout the year, as well as the information provided especially for the annual contract review. The Board also considered the analysis provided by the Consultant relating to each Fund’s performance track record.

The Board considered HIFSCO’s cooperation with the Investment Committee, which assists the Board in evaluating the performance of the Funds at periodic meetings throughout the year. The Board reviewed the performance of each Fund over the different time periods presented in the materials and evaluated each adviser’s analysis of the Funds’ performance for these time periods, with specific attention to information indicating underperformance of certain Funds for specific time periods relative to a peer group or benchmark, and the causes for such underperformance. In evaluating the performance of each Fund, the Board also considered whether the Fund had been in operation for a sufficient time period to establish a meaningful performance track record. The Board considered

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval Of Investment Management And Investment Sub-Advisory Agreements (Unaudited) — (continued)

actions HIFSCO has taken to address performance. In particular, the Board noted the advisers initiatives over the course of the year to change portfolio managers with respect to certain Funds in order to address performance.

Based on these considerations, the Board concluded with respect to each Fund that the Fund’s performance over time has been satisfactory, and that it had continued confidence in HIFSCO’s and the sub-advisers’ overall capabilities to manage each Fund.

Costs of the Services and Profitability of HIFSCO and the Sub-Advisers

The Board reviewed information regarding HIFSCO’s cost to provide investment management and related services to the Funds and HIFSCO’s profitability, both overall and for each Fund, on a pre-tax basis without regard to distribution expenses. The Board considered the fact that HIFSCO has subsidized certain of the Funds’ fees and total operating expenses through expense limitations and voluntary fee waivers. The Board also requested and reviewed information about the profitability to HIFSCO and its affiliates from all services provided to the Funds and all aspects of their relationship with the Funds. The Board noted that HIFSCO represented that the profitability information was calculated using the same methodology used by HIFSCO in 2006, a methodology which had been refined in 2006 as part of an independent third party review.

With respect to those Funds which are sub-advised by Hartford Investment Management, an affiliate of HIFSCO, the Board considered the costs and profitability information for HIFSCO and Hartford Investment Management in the aggregate. The Board also requested and received information relating to the operations and profitability of the other sub-advisers. In evaluating such sub-advisers’ profitability with respect to the Funds, the Board considered primarily HIFSCO’s and the sub-advisers’ representations that HIFSCO had negotiated the sub-advisory fees at arm’s length, and the sub-advisers’ representations that the fees charged to HIFSCO were comparable to fees charged by the sub-advisers’ to similar clients.

Based on these considerations, the Board concluded that the profits anticipated to be realized by the advisers and their affiliates from their relationships with the Funds would not be excessive.

Comparison of Fees and Services Provided by HIFSCO and the Sub-Advisers

The Board considered comparative information with respect to the investment management fees to be paid by each Fund to HIFSCO, the investment sub-advisory fees to be paid by HIFSCO to the sub-advisers, and the total expense ratios of each Fund. In this regard, the Board requested and reviewed information from HIFSCO and each sub-adviser relating to the management and sub-advisory fees, and total operating expenses, for each Fund. The Board also reviewed written materials from Lipper providing comparative information about each Fund’s management fees and total expense ratios, relative to those of peer groups. While the Board recognized that comparisons between the Funds and peer funds are imprecise, given the differing service levels and characteristics of mutual funds, and the different business models and cost structures of the advisers, the comparative information provided by Lipper assisted the Board in evaluating the reasonableness of the fees for each Fund. In addition, the Board considered the analysis and recommendations of the Consultant relating to each Fund’s management fees and total operating expenses.

The Board particularly considered HIFSCO’s agreement to (i) permanently reduce the contractual management fee with respect to certain Funds; (ii) remove or revise the voluntary management fee waiver with respect to certain Funds; and (iii) revise or continue the voluntary expense caps with respect to certain share classes for certain Funds. In its deliberations, the Board gave significant weight to each Fund’s overall expense ratio, net of these revisions. HIFSCO agreed to the following fee revisions, each effective November 1, 2007:

Management Fee

•  Money Market Fund and U.S. Government Securities Fund: 5 basis point (“bps”) permanent management fee reduction at the first breakpoint.

•  Income Fund and Short Duration Fund: 5 bps permanent management fee reduction at each breakpoint.

•  Growth Fund, Growth Opportunities Fund, SmallCap Growth Fund and Value Opportunities Fund: 10 bps permanent management fee reduction at the first breakpoint.

•  Equity Income Fund: 5 basis point permanent management fee reduction at the first breakpoint and the management fee waiver revised from 10 bps to 5 bps.

•  High Yield Fund: 5 basis point permanent management fee reduction at the first breakpoint and the voluntary management fee waiver of 20 bps removed.

•  Inflation Plus Fund: 5 bps permanent management fee reduction at each breakpoint and the voluntary management fee waiver of 10 bps is removed.

•  Stock Fund: 5 basis point permanent management fee reduction at the first breakpoint and the voluntary management fee waiver of 5 bps removed.

•  Tax-Free Minnesota Fund: Permanent management fee reduction at each breakpoint resulting in an overall effective reduction of 17 bps and the voluntary management fee waiver of 15 bps is removed.

•  Tax-Free National Fund: Permanent management fee reduction at each breakpoint resulting in an overall effective reduction of 18 bps and the voluntary management fee waiver of 15 bps is removed.

Voluntary Total Operating Expense Caps:  HIFSCO agreed to continue or revise the voluntary total operating expense caps in varying amounts for the following Funds (or classes within a fund): Advisers Fund, Balanced Allocation Fund, Capital Appreciation Fund, Capital Appreciation II Fund, Conservative Allocation Fund, Disciplined Equity Fund, Dividend and Growth Fund, Equity Growth Allocation Fund, Equity Income Fund, Floating Rate Fund, Fundamental Growth Fund (formerly Focus Fund), Global Communication Fund, Global Financial Services Fund, Global Growth Fund (formerly Global Leaders Fund), Global Health Fund, Global Technology Fund, Growth Fund, Growth Allocation Fund, Growth Opportunities Fund, High Yield Fund, Income Fund, Income Allocation Fund, Inflation Plus Fund, International Growth Fund (formerly International Capital Appreciation Fund), International Opportunities Fund, International Small Company Fund, LargeCap Growth Fund, MidCap Fund, MidCap Growth Fund, MidCap Value Fund, Money Market Fund, Retirement Income Fund, Select MidCap Growth Fund, Select MidCap Value Fund, Select SmallCap Value Fund, Short Duration Fund, SmallCap Growth Fund, Small Company Fund, Stock

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Fund, Target Retirement 2010 Fund, Target Retirement 2020 Fund, Target Retirement 2030 Fund, Tax-Free California Fund, Tax-Free Minnesota Fund, Tax Free National Fund, Tax-Free New York Fund, Total Return Bond Fund, U.S. Government Securities Fund, Value Fund and Value Opportunities Fund.

Based on these considerations, the Board concluded that each Fund’s fees and total operating expenses are within a range that is competitive with fees and total operating expenses charged by peer funds, and, in conjunction with the information about quality of services, profitability, economies of scale, and other matters discussed, are reasonable.

Economies of Scale

The Board requested and considered information regarding the advisers’ realization of economies of scale with respect to the Funds, and whether the fee levels reflect these economies of scale for the benefit of each Fund’s investors. With respect to HIFSCO, the Board considered representations from HIFSCO that it is difficult to anticipate whether and the extent to which economies may be realized by HIFSCO as assets grow over time. The Board reviewed the breakpoints in the advisory fee schedule for each Fund, which reduces fees as Fund assets grow over time. The Board recognized that Funds with assets beyond the last breakpoint level continue to benefit from economies of scale, because additional assets are charged the lowest breakpoint fee, resulting in lower overall effective management fee rates. The Board considered that certain Funds may achieve some economies as certain fixed expenses are spread over a larger asset base, noting that there is no precise way to measure such economies, and that certain expenses do not necessarily decrease as assets increase. The Board also considered that expense limitations and fee waivers that reduce Fund expenses at all asset levels can have the same effect as breakpoints in sharing economies of scale with shareholders, and that a schedule that reaches a lower breakpoint quickly provides shareholders with the benefit of anticipated or potential economies of scale.

The Board reviewed and evaluated materials from Lipper showing how management fee schedules of peer funds reflect economies of scale for the benefit of investors as a peer fund’s assets hypothetically increase over time. Based on information provided by HIFSCO, Lipper, and the Consultant, the Board recognized that there is no uniform methodology for establishing breakpoints, or uniform pattern in asset levels that trigger breakpoints or the amounts of breakpoints triggered.

After considering all of the information available to it, the Board concluded that it was satisfied with the extent to which economies of scale are being shared for the benefit of each Fund’s investors, based on currently available information and the effective advisory fees and expense ratios for the Funds at their current and reasonably anticipated asset levels. The Board noted, however, that it would continue to monitor future growth in Fund assets and the appropriateness of additional breakpoints.

Other Benefits

The Board considered other benefits to the advisers and their affiliates from their relationships with the Funds.

The Board reviewed information noting that Hartford Life, Inc. (“Hartford Life”), an affiliate of HIFSCO, receives fees for fund accounting and related services from the Funds, and the Board considered information on expected profits to Hartford Life or its affiliates for such services. The Board considered that Hartford Life had agreed to implement a new fund accounting services fee structure for the Funds with breakpoints. Based upon estimated expense information, this change will result in savings to Hartford-sponsored funds of approximately $250,000 per year.

The Board also considered that Hartford Administrative Services Company (“HASCO”), the Funds’ transfer agent and an affiliate of HIFSCO, receives transfer agency compensation from the Funds, and the Board reviewed information on the expected profitability of the Funds’ transfer agency function to HASCO. The Board noted, in this regard, that HASCO is a recognized leader in providing high quality services to Fund shareholders, and has received four consecutive mutual fund Dalbar service awards. The Board considered information provided by HASCO indicating that the per-account fees charged by HASCO to the Funds are reasonable and in line with industry standards. The Board particularly considered that HASCO has agreed, effective November 1, 2007, to reduce the voluntary transfer agent fee cap from 35 bps to 30 bps for each Fund and to reduce the aggregate transfer agent fees depending on the type of account. Based upon estimated expense information, these reductions will result in savings to Hartford-sponsored retail funds of approximately $4.2 million in 2008.

The Board also considered that, as principal underwriter of the Funds, HIFSCO receives 12b-1 fees from the Funds and receives all or a portion of the sales charges on sales or redemptions of certain classes of shares. The Board also noted that certain affiliates of HIFSCO distribute shares of the Funds and receive compensation in that connection.

The Board considered benefits to the sub-advisers from their proposed use of the Funds’ brokerage commissions to obtain soft dollar research, and representations from HIFSCO and the sub-advisers that the sub-advisers would not be making any revenue-sharing payments or any other type of distribution payments to HIFSCO or its affiliates.

The Board considered the benefits to shareholders of being part of the Hartford family of funds, including the right to exchange investments between the same class of funds without a sales charge, the ability to reinvest Fund dividends into other funds in the family and to combine holdings in other Funds to obtain a reduced sales charge. The Board considered HIFSCO’s efforts to provide investors in the family with a broad range of investment styles and asset classes, and its entrepreneurial risk in initiating new funds to expand these opportunities for shareholders.

* * * *

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of the Funds and their shareholders for the Board to approve the agreements for an additional year. In reaching this decision, the Board did not assign relative weights to the factors discussed above or deem any one or group of them to be controlling in and of themselves. In connection with their deliberations, the Independent Directors met separately in executive session on several occasions, with independent legal counsel, to review the relevant materials and consider their responsibilities under relevant laws and regulations.

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval Of Investment Management And Investment Sub-Advisory Agreements (Unaudited) — (continued)

The Hartford Checks and Balances Fund
(For purposes of this section, the term “Fund” shall refer only to The Hartford Checks and Balances Fund)

At a meeting held on February 7, 2007, the Board of Directors, including each of the Independent Directors, unanimously voted to approve the investment management agreement between the Fund and HIFSCO (the “Agreement”). In this regard, the Board reviewed written responses from HIFSCO to questions posed to them on behalf of the Independent Directors and supporting materials relating to those questions and responses (the “Adviser Materials”). In addition, the Board’s Investment Committee received an in-person presentation about the Fund and the proposed investment strategy by representatives of HIFSCO at the Committee’s February 6, 2007 meeting.

In determining to approve the Agreement, the Board determined that the Agreement was fair and reasonable and in the best interests of the Fund and its shareholders. In determining to approve the Agreement, the Board considered the following categories of material factors, among others, relating to the Agreement.

Nature, Extent and Quality of Services

The Board considered information and data concerning the nature, extent, and quality of the services to be provided to the Fund by HIFSCO. The Board considered, among other things, the terms of the Agreement, the range of services to be provided, and HIFSCO’s organizational structure, systems and personnel. The Board also considered HIFSCO’s reputation and overall financial strength.

With respect to the day-to-day portfolio management services to be provided by HIFSCO, the Investment Committee met with Vernon Meyers, who oversees HIFSCO’s Investment Oversight Committee. The Board considered its past experiences with HIFSCO with respect to the services the firm has provided to other Hartford-sponsored funds in the past, including HIFSCO’s management and monitoring of the funds’ sub-advisers, the quality of HIFSCO’s communications with the Board, the compliance structure and systems established by HIFSCO, and the firm’s responsiveness to Board inquiries. Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Fund by HIFSCO.

Performance of HIFSCO

The Board considered the investment performance. As the Fund is a new mutual fund, there was no performance history for the Board to review. However, the Board considered information from HIFSCO on the process to be used for allocating assets among underlying Hartford-sponsored funds, including information about the investment performance of the underlying funds. The Board considered that the Fund seeks it investment goal through investment in a combination of Hartford-sponsored funds: Capital Appreciation Fund, Dividend and Growth Fund, and Total Return Bond Fund. The Board noted that the Fund will not be actively managed but will instead utilize daily cash flows to keep allocations among the underlying Hartford-sponsored funds at one-third each. In this regard, since the underlying funds have been in existence and have their own track record, HIFSCO presented information showing the Fund’s hypothetical historic investment performance over a ten year period versus an appropriate benchmark.

Based on these considerations, the Board concluded that, while there could be no guarantee of future results, the Board was satisfied that HIFSCO has the capability of providing satisfactory investment performance for the Fund.

Cost of Services and Profitability of HIFSCO

The Board reviewed information regarding HIFSCO’s cost to provide investment management and related services to the Fund and the profitability to them from managing the Fund. The Board considered the proposed advisory fee schedule and considered information about the profitability to HIFSCO and its affiliates from all services to be provided to the Fund and all aspects of their relationships with the Fund. In evaluating HIFSCO’s profitability, the Board considered that initially HIFSCO will provide subsidies to the Fund in the form of caps on operating expenses of the Fund, and that future profitability to HIFSCO would depend on the growth of assets under management. The Board considered the Fund’s estimated acquired fund fees and expenses. In this regard, the Board noted that the cost differential of investing through the Fund versus directly in underlying funds was not significant. The Board also considered that HIFSCO will not be paid a management fee for its services to the Fund. The Board concluded that the profits anticipated to be realized by HIFSCO, and its affiliates from their relationships with the Fund would not be excessive.

Comparison of Fees and Services Provided by HIFSCO

The Board considered comparative information with respect to the investment management fees to be paid by the Fund to HIFSCO and its affiliates. In this regard, the Board received information from HIFSCO relating to the management fees and total operating expenses for the Fund. The Board noted that HIFSCO will not be paid a management fee for its services to the Fund. HIFSCO also referenced information comparing the Fund’s management fees and total operating expenses relative to those of a peer universe of funds identified by Lipper. In considering the reasonableness of the Fund’s fees and total expense ratios, the Board particularly considered that according to the information provided by Lipper, the proposed expenses for the Fund would be below the average expenses of its peer group at all asset levels. Based on these considerations, the Board concluded that the Fund’s fees, in conjunction with the information about quality of services, profitability, and other matters discussed, supports the conclusion that these fees are reasonable.

Economies of Scale

The Board considered the extent to which economies of scale would be realized as the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund’s investors. The Board considered HIFSCO’s representations that HIFSCO will not realize economies of scale as the Fund grows in assets, but that the underlying funds will benefit from increased scale which will in turn benefit shareholders in the Fund. The Board considered the potential impact on the breakpoint schedules of underlying funds that may benefit from investments by the Fund. Based on these considerations, the Board concluded that it was satisfied with the extent to which economies of scale would be shared for the benefit of the Fund’s investors.

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Other Benefits

The Board considered other benefits to HIFSCO and its affiliates from their relationships with the Fund. The Board also considered information in the Adviser Materials about HIFSCO affiliates that will provide services to the Fund and their anticipated benefits from their relationships with the Fund. The Board also considered that the following companies, which are affiliates of HIFSCO and Hartford Investment Management, provide services to the Fund and receive compensation from the Fund:

•  HIFSCO serves as the Fund’s principal underwriter and receives 12b-1 fees from the Fund.

•  Hartford Life Insurance Company provides fund accounting and administration services to the Fund and receives a fee from the Fund for these services.

•  HASCO, the Fund’s transfer agent, receives transfer agency compensation from the Fund.

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of the Fund and its shareholders for the Board to approve the 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.

The Hartford High Yield Municipal Fund
(For purposes of this section, the term “Fund” shall refer only to The Hartford High Yield Municipal Fund)

At a meeting held on February 7, 2007, the Board of Directors, including each of the Independent Directors, unanimously voted to approve the investment management agreement between the Fund and HIFSCO, and the investment sub-advisory agreement between HIFSCO and the Fund’s sub-adviser, Hartford Investment Management (collectively, the “Agreements”). In advance of the February meeting, the Board reviewed written responses from HIFSCO and Hartford Investment Management to questions posed to them on behalf of the Independent Directors and supporting materials relating to those questions and responses (the “Adviser Materials”). In addition, the Board’s Investment Committee received an in-person presentation about the Fund and the proposed investment strategy by representatives of HIFSCO and the Fund’s proposed portfolio management team.

In determining to approve the Agreements, the Board concluded that the Agreements, including the appointment of Hartford Investment Management as sub-adviser, was fair and reasonable and in the best interests of the Fund and its shareholders. The Board considered the following categories of material factors, among others, relating to the agreements.

Nature, Extent and Quality of Services

The Board considered information and data concerning the nature, extent, and quality of the services to be provided to the Fund by HIFSCO and Hartford Investment Management. The Board considered, among other things, the terms of the Agreements, the range of services to be provided, and HIFSCO’s and Hartford Investment Management’s organizational structure, systems and personnel. The Board considered HIFSCO’s and Hartford Investment Management’s reputation and overall financial strength, noting Hartford Investment Management’s reputation as a fixed income manager and the Board’s past experience with Hartford Investment Management as sub-adviser for other Hartford-sponsored funds.

The Board considered the representations from the Fund’s and Hartford Investment Management’s respective Chief Compliance Officers that the written compliance policies and procedures of the Fund, HIFSCO and Hartford Investment Management are reasonably designed to prevent violation of the federal securities laws. In addition, the Board considered their representations that the proposed Fund will not cause material changes in the current compliance program.

With respect to the day-to-day portfolio management services to be provided by Hartford Investment Management, the Investment Committee met with Charles Grande, a member of the proposed portfolio team. The Board considered Hartford Investment Management’s investment philosophy and process (and adherence to that philosophy and process), and its investment research capabilities and resources, performance record, and experience. The Board recognized that HIFSCO is responsible for the overall management of the Fund and providing investment advisory services in connection with selecting, monitoring and supervising the Fund’s sub-adviser, and had recommended to the Board that Hartford Investment Management be appointed as a sub-adviser to the Fund.

In considering this information, the Board evaluated not only the information presented to the Board and the Investment Committee in connection with its consideration of the Agreements, but also the Board’s experience through past interactions with HIFSCO and Hartford Investment Management. Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Fund by HIFSCO and Hartford Investment Management.

Performance of HIFSCO and the Sub-Adviser

The Board considered the investment performance of Hartford Investment Management and its portfolio management team. As Hartford Investment Management did not have a performance track record with respect to an investment strategy substantially similar to the strategy of the Fund, HIFSCO and Hartford Investment Management presented information regarding the performance record of another Hartford-sponsored municipal bond fund managed by Mr. Grande and Mr. Bade. HIFSCO and Hartford Investment Management also provided additional information about the broad range of the portfolio management team’s investment experience and about their investment philosophy and process.

Based on these considerations, the Board concluded that, while there could be no guarantee of future results, the Board was satisfied that HIFSCO and Hartford Investment Management have the capability of providing satisfactory investment performance for the Fund.

Cost of Services and Profitability of HIFSCO and the Sub-Adviser

The Board reviewed information regarding HIFSCO’s and the Hartford Investment Management’s cost to provide investment management and related services to the Fund and the profitability to them from managing the Fund. The Board considered the proposed Advisory and Sub-Advisory fee schedules and considered information about the profitability to HIFSCO and its affiliates from all services to be provided to the Fund and all aspects of their relationships with the Fund. In evaluating HIFSCO’s profitability, the Board considered that initially HIFSCO will provide subsidies to the Fund in the form of caps on operating expenses of the

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval Of Investment Management And Investment Sub-Advisory Agreements (Unaudited) — (continued)

Fund, and that future profitability to HIFSCO and Hartford Investment Management would depend on the growth of assets under management. The Board considered that HIFSCO agreed to waive its management fee for the Fund’s first year of operation and that Hartford Investment Management will manage the Fund at cost. Based on these considerations, the Board concluded that the profits anticipated to be realized by HIFSCO, Hartford Investment Management and their affiliates from their relationships with the Fund would not be excessive.

Comparison of Fees and Services Provided by HIFSCO and the Sub-Adviser

The Board considered comparative information with respect to the investment management fees to be paid by the Fund to HIFSCO and its affiliates and the sub-advisory fee that HIFSCO will pay Hartford Investment Management. In this regard, HIFSCO referenced information comparing the Fund’s management fees and total operating expenses relative to those of a peer universe of funds identified by Lipper. In considering the reasonableness of the Fund’s fees and total expense ratios, the Board particularly considered that according to the information provided by Lipper, the proposed management fee for the Fund would be below the average management fee of its peer group at all asset levels. Based on these considerations, the Board concluded that the Fund’s management fee and sub-advisory fees, in conjunction with the information about quality of services, profitability, and other matters discussed, supports the conclusion that these fees are reasonable.

Economies of Scale

The Board considered the extent to which economies of scale would be realized as the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund’s investors. The Board reviewed the breakpoints in HIFSCO’s management fee schedule. The Board considered HIFSCO’s representations that the Fund could be expected to achieve some economies, and that certain costs incurred will decline as assets in the Fund grow. With respect to economies of scale, the Board considered the breakpoints in the Fund’s sub-advisory fee schedules and how any benefits from economies of scale would be realized by the various parties. The Board reviewed relevant information included in the Adviser Materials providing comparative breakpoint information for other funds in the Fund’s peer group. Based on these considerations, the Board concluded that it was satisfied with the extent to which economies of scale would be shared for the benefit of the Fund’s investors. The Board noted, however, that it would review future growth in Fund assets and the appropriateness of the breakpoints as part of its future annual review of the Agreements.

Other Benefits

The Board considered other benefits to HIFSCO and Hartford Investment Management from their relationships with the Fund. The Board also considered information in the Adviser Materials about HIFSCO affiliates that will provide services to the Fund and their anticipated benefits from their relationships with the Fund. The Board also considered that the following companies, which are affiliates of HIFSCO and Hartford Investment Management, provide services to the Fund and receive compensation from the Fund:

•  HIFSCO serves as the Fund’s principal underwriter and receives 12b-1 fees from the Fund.

•  Hartford Life Insurance Company provides fund accounting and administration services to the Fund and receives a fee from the Fund for these services.

•  HASCO, the Fund’s transfer agent, receives transfer agency compensation from the Fund.

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of the Fund and its shareholders for the Board to approve the Agreements. In reaching this decision, the Board did not assign relative weights to the factors discussed above or deem any one or group of them to be controlling in and of themselves.

The Hartford Strategic Income Fund
(For purposes of this section, the term “Fund” shall refer only to The Hartford Strategic Income Fund)

At a meeting held on February 7, 2007, the Board of Directors, including each of the Independent Directors, unanimously voted to approve the investment management agreement between the Fund and HIFSCO, and the investment sub-advisory agreement between HIFSCO and the Fund’s sub-adviser, Hartford Investment Management (collectively, the “Agreements”). In advance of the February meeting, the Board reviewed written responses from HIFSCO and Hartford Investment Management to questions posed to them on behalf of the Independent Directors and supporting materials relating to those questions and responses (the “Adviser Materials”). In addition, the Board’s Investment Committee received an in-person presentation about the Fund and the proposed investment strategy by representatives of HIFSCO and the Fund’s proposed portfolio management team.

In determining to approve the Agreements, the Board concluded that the Agreements, including the appointment of Hartford Investment Management as sub-adviser, was fair and reasonable and in the best interests of the Fund and its shareholders. The Board considered the following categories of material factors, among others, relating to the agreements.

Nature, Extent and Quality of Services

The Board considered information and data concerning the nature, extent, and quality of the services to be provided to the Fund by HIFSCO and Hartford Investment Management. The Board considered, among other things, the terms of the Agreements, the range of services to be provided, and HIFSCO’s and Hartford Investment Management’s organizational structure, systems and personnel. The Board considered HIFSCO’s and Hartford Investment Management’s reputation and overall financial strength, noting Hartford Investment Management’s reputation as a fixed income manager and the Board’s past experience with Hartford Investment Management as sub-adviser for other Hartford-sponsored funds.

The Board considered the representations from the Fund’s and Hartford Investment Management’s respective Chief Compliance Officers that the written compliance policies and procedures of the Fund, HIFSCO and Hartford Investment Management are reasonably designed to prevent violation of the federal securities laws. In addition, the Board considered their representations that the proposed Fund will not cause material changes in the current compliance program.

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With respect to the day-to-day portfolio management services to be provided by Hartford Investment Management, the Investment Committee met with Nasri Toutoungi and Michael Gray, members of the proposed portfolio management team. The Board considered Hartford Investment Management’s investment philosophy and process (and adherence to that philosophy and process), and its investment research capabilities and resources, performance record, and experience. The Board recognized that HIFSCO is responsible for the overall management of the Fund and providing investment advisory services in connection with selecting, monitoring and supervising the Fund’s sub-adviser, and had recommended to the Board that Hartford Investment Management be appointed as a sub-adviser to the Fund.

In considering this information, the Board evaluated not only the information presented to the Board and the Investment Committee in connection with its consideration of the Agreements, but also the Board’s experience through past interactions with HIFSCO and Hartford Investment Management. Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Fund by HIFSCO and Hartford Investment Management.

Performance of HIFSCO and the Sub-Adviser

The Board considered the investment performance of Hartford Investment Management and its portfolio management team. As Hartford Investment Management did not have a performance track record with respect to an investment strategy substantially similar to the strategy of the Fund, HIFSCO and Hartford Investment Management presented information regarding the performance record of several Hartford-sponsored fixed income funds managed by members of the Fund’s portfolio management team. The Board noted that the investment strategies for these funds are somewhat similar to the proposed Fund in that they invest in many of the same fixed income sectors. This information included a report from HIFSCO showing the prior performance of these Hartford-sponsored fixed income funds versus the performance of an appropriate benchmark and peer group. HIFSCO and Hartford Investment Management also provided additional information about the broad range of the portfolio management team’s investment experience and about their investment philosophy and process.

Based on these considerations, the Board concluded that, while there could be no guarantee of future results, the Board was satisfied that HIFSCO and Hartford Investment Management have the capability of providing satisfactory investment performance for the Fund.

Cost of Services and Profitability of HIFSCO and the Sub-Adviser

The Board reviewed information regarding HIFSCO’s and the Hartford Investment Management’s cost to provide investment management and related services to the Fund and the profitability to them from managing the Fund. The Board considered the proposed Advisory and Sub-Advisory fee schedules and considered information about the profitability to HIFSCO and its affiliates from all services to be provided to the Fund and all aspects of their relationships with the Fund. In evaluating HIFSCO’s profitability, the Board considered that initially HIFSCO will provide subsidies to the Fund in the form of caps on operating expenses of the Fund, and that future profitability to HIFSCO and Hartford Investment Management would depend on the growth of assets under management. The Board also considered that HIFSCO has agreed to waive its management fee for the Fund’s first year of operation and that Hartford Investment Management will manage the Fund at cost. Based on these considerations, the Board concluded that the profits anticipated to be realized by HIFSCO, Hartford Investment Management and their affiliates from their relationships with the Fund would not be excessive.

Comparison of Fees and Services Provided by HIFSCO and the Sub-Adviser

The Board considered comparative information with respect to the investment management fees to be paid by the Fund to HIFSCO and its affiliates and the sub-advisory fee that HIFSCO will pay Hartford Investment Management. In this regard, the Board received information from HIFSCO and Hartford Investment Management relating to the management fees, sub-advisory fees, and total operating expenses for the Fund. HIFSCO also referenced information comparing the Fund’s management fees and total operating expenses relative to those of a peer universe of funds identified by Lipper, as being in the multi-sector income category. In considering the reasonableness of the Fund’s fees and total expense ratios, the Board particularly considered that according to the information provided by Lipper, the Fund’s estimated expenses (excluding 12b-1 fees) would be below the average expenses of its peer group at all asset levels. Based on these considerations, the Board concluded that the Fund’s management fee and sub-advisory fees, in conjunction with the information about quality of services, profitability, and other matters discussed, supports the conclusion that these fees are reasonable.

Economies of Scale

The Board considered the extent to which economies of scale would be realized as the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund’s investors. The Board reviewed the breakpoints in HIFSCO’s management fee schedule. The Board considered HIFSCO’s representations that the Fund could be expected to achieve some economies, and that certain costs incurred will decline as assets in the Fund grow. With respect to economies of scale, the Board considered the breakpoints in the Fund’s sub-advisory fee schedules and how any benefits from economies of scale would be realized by the various parties. The Board reviewed relevant information included in the Adviser Materials providing comparative breakpoint information for other funds in the Fund’s peer group. Based on these considerations, the Board concluded that it was satisfied with the extent to which economies of scale would be shared for the benefit of the Fund’s investors. The Board noted, however, that it would review future growth in Fund assets and the appropriateness of the breakpoints as part of its future annual review of the Agreements.

Other Benefits

The Board considered other benefits to HIFSCO and Hartford Investment Management from their relationships with the Fund. The Board considered information in the Adviser Materials about HIFSCO affiliates that will provide services to the Fund and their anticipated benefits from their relationships with the Fund. The Board also considered that the following companies, which are affiliates of HIFSCO and Hartford Investment Management, provide services to the Fund and receive compensation from the Fund:

•  HIFSCO serves as the Fund’s principal underwriter and receives 12b-1 fees from the Fund.

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The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc.

Approval Of Investment Management And Investment Sub-Advisory Agreements (Unaudited) — (continued)

•  Hartford Life Insurance Company provides fund accounting and administration services to the Fund and receives a fee from the Fund for these services.

•  HASCO, the Fund’s transfer agent, receives transfer agency compensation from the Fund.

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of the Fund and its shareholders for the Board to approve the Agreements. In reaching this decision, the Board did not assign relative weights to the factors discussed above or deem any one or group of them to be controlling in and of themselves.

The Hartford Equity Growth Allocation Fund, The Hartford Growth Allocation Fund, The Hartford Balanced Allocation Fund, The Hartford Conservative Allocation Fund, and The Hartford Income Allocation Fund
(For purposes of this section, each of The Hartford Equity Growth Allocation Fund, The Hartford Growth Allocation Fund, The Hartford Balanced Allocation Fund, The Hartford Conservative Allocation Fund, and The Hartford Income Allocation Fund shall be referred to as the “Fund and collectively, the “Funds.”

At a meeting held on February 7, 2007, the Board of Directors, including each of the Independent Directors, unanimously voted to approve an investment sub-advisory agreement between HIFSCO and Hartford Investment Management (the “Agreement”) with respect to the Funds. In advance of the February meeting, the Board reviewed written responses from HIFSCO and Hartford Investment Management to questions posed to them on behalf of the Independent Directors and supporting materials relating to those questions and responses (the “Adviser Materials”).

In determining to approve the Agreement, the Board determined that the Agreement, including the appointment of Hartford Investment Management as sub-adviser to each Fund, was fair and reasonable and in the best interests of the Fund and its shareholders. In determining to approve the Agreement, the Board considered the following categories of material factors, among others, relating to the Agreement.

Nature, Extent and Quality of Services

The Board considered information and data concerning the nature, extent, and quality of the services to be provided to each Fund by Hartford Investment Management. The Board considered, among other things, the terms of the Agreement, the range of services to be provided, and Hartford Investment Management’s organizational structure, systems and personnel. The Board considered Hartford Investment Management’s reputation and overall financial strength. The Board considered the resources committed by Hartford Investment Management, and Hartford Investment Management’s past experience managing asset allocation funds. The Board noted that Hartford Investment Management administers the asset allocation program for the Hartford-sponsored retirement funds. 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 Hartford Investment Management.

Performance

The Board considered the investment performance of each Fund. The Board considered that each Fund will be managed by the same portfolio management team, and that the investment strategies and processes the portfolio management team employs will not change. In this regard, the Board considered and reviewed the performance of each Fund since the Fund’s inception in May 2004. Based on these considerations, the Board concluded that, while there could be no guarantee of future results, the Board was satisfied that Hartford Investment Management has the capability of providing satisfactory investment performance for each Fund.

Costs of the Services and Profitability of HIFSCO and Hartford Investment Management

The Board reviewed information regarding HIFSCO’s and Hartford Investment Management’s costs to provide investment management and related services to the Fund and the profitability to them from managing the Fund. The Board considered HIFSCO representations that the current levels of profitability was fair, based on the nature and quality of services provided to shareholders. The Board noted that Hartford Investment Management would be compensated at cost using the same methodology currently used for other Hartford-sponsored funds sub-advised by Hartford Investment Management. Based on these considerations, the Board concluded that the profits anticipated to be realized by HIFSCO, Hartford Investment Management and their affiliates from their relationships with the Fund would not be excessive.

Comparison of Fees and Services Provided by HIFSCO and Hartford Investment Management

The Board considered information with respect to the investment management fees to be paid by each Fund to HIFSCO and its affiliates and the sub-advisory fee that HIFSCO will pay Hartford Investment Management. The Board considered the representations of HIFSCO that the current advisory fee schedule would remain in effect and that the overall expenses for each Fund was not expected to change. The Board took into account fee and expense information provided to them with respect to the approval of the investment advisory agreements between the Funds and HIFSCO at the August 1-2, 2006 Board meeting, and HIFSCO’s representations that they did not believe any material changes would occur in regard to fees and expenses as a result of the appointment of Hartford Investment Management as sub-adviser to the Funds. Based on these considerations, the Board concluded that each Fund’s management fee and sub-advisory fees, in conjunction with the information about quality of services, profitability, and other matters discussed, supports the conclusion that these fees are reasonable.

Economies of Scale

The Board considered the extent to which economies of scale would be realized as each Fund grows and whether the fee levels reflect these economies of scale for the benefit of each Fund’s investors. In this regard, the Board considered representations from HIFSCO that each Fund could be expected to achieve some economies, and that certain costs incurred will decline as assets in each Fund grows. The Board took into account information concerning economies of scale provided to them with respect to the approval of the investment advisory agreements between the Funds and HIFSCO at the August 1-2, 2006 Board meeting, and the representations of HIFSCO that there will be no material change to economies of scale as a result the appointment of Hartford Investment Management as sub-adviser to the Funds. 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 each Fund’s investors. The Board noted, however, that it would review future growth in Fund assets and economies of scale as part of its future annual review of advisory agreements.

­ ­  408  ­ ­

Other Benefits

The Board considered other benefits to HIFSCO, Hartford Investment Management and their affiliates from their relationships with the Fund. The Board also considered information in the Adviser Materials about HIFSCO affiliates that will provide services to the Fund and their anticipated benefits from their relationships with the Fund. The Board considered the representations of HIFSCO that HIFSCO and its affiliates do not derive any direct or indirect benefits through their relationships with each Fund other than the receipt of the advisory fee. The Board also considered that the following companies, which are affiliates of HIFSCO and Hartford Investment Management, provide services to the Fund and receive compensation from the Fund:

•  HIFSCO serves as the Fund’s principal underwriter and receives 12b-1 fees from the Fund.

•  Hartford Life Insurance Company provides fund accounting and administration services to the Fund and receives a fee from the Fund for these services.

•  HASCO, the Fund’s transfer agent, receives transfer agency compensation from the Fund.

Based upon its review of these various factors, among others, the Board concluded that it is in the best interests of each Fund and its shareholders for the Board to approve the Agreement with Hartford Investment Management. 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.

­ ­  409  ­ ­

Item 2. Code of Ethics.

     Registrant has adopted a code of ethics that applies to Registrant’s principal executive officer, principal financial officer, and controller, which is attached as an exhibit.

Item 3. Audit Committee Financial Expert.

     The Board of Directors of the Registrant has designated Phillip O. Peterson as an Audit Committee Financial Expert. Mr. Peterson is considered by the Board to be an independent director.

Item 4. Principal Accountant Fees and Services.

(a)	Audit Fees: $779,875 for the fiscal year ended October 31, 2006; $898,600 for the fiscal year ended October 31, 2007.
(b)	Audit Related Fees: $24,722 for the fiscal year ended October 31, 2006; $24,917 for the fiscal year ended October 31, 2007. Audit-related services principally in connection with SEC Rule 17Ad-13 report.
(c)	Tax Fees: $147,400 for the fiscal year ended October 31, 2006; $175,200 for the fiscal year ended October 31, 2007.
(d)	All Other Fees: $0 for the fiscal year ended October 31, 2006; $0 for the fiscal year ended October 31, 2007.
(e)	(1) A copy of the Audit Committee’s pre-approval policies and procedures is attached as an exhibit.
(e)	(2) One hundred percent of the services described in items 4(b) through 4(d) were approved in accordance with the Audit Committee’s Pre-Approval Policy. As a result, none of such services was approved pursuant to paragraph (c) (7) (i) (c) of Rule 2-01 of Regulation S-X.
(f)	None of the hours expended on the principal accountant’s engagement to audit the Registrant’s financial statements for the year ended October 31, 2007, were attributed to work performed by persons other than the principal accountant’s full-time employees.
(g)	Non-Audit Fees: $701,085 for the fiscal year ended October 31, 2006; $1,006,128 for the fiscal year ended October 31, 2007.
(h)	N/A

Item 5. Audit Committee of Listed Registrants.

Registrant has a separately designated standing Audit Committee comprised of the independent directors listed below:

Robert M. Gavin
Sandra S. Jaffee
William P. Johnston
Phillip O. Peterson

Item 6. Schedule of Investments.

     The Schedule of Investments is included as part of the annual report filed under Item 1 of this form.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

     Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

     Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

     Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s board of directors since registrant last provided disclosure in response to this requirement.

Item 11. Controls and Procedures.

(a) Based on an evaluation of the Registrant’s Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report, the Disclosure Controls and Procedures are effectively designed to ensure that information required to be disclosed by the Registrant is recorded, processed, summarized and reported by the date of this report, including ensuring that information required to be disclosed in the report is accumulated and communicated to the Registrant’s management, including the Registrant’s officers, as appropriate, to allow timely decisions regarding required disclosure.

(b) There was no change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s last fiscal half year that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Exhibits.

12(a)(1) Code of Ethics

12(a)(2) Audit Committee Pre-Approval Policies and Procedures

12(a)(3) Section 302 certifications of the principal executive officer and principal financial officer of Registrant.

   (b) Section 906 certification.

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.

	THE HARTFORD MUTUAL FUNDS, INC.
Date: December 18, 2007	By:	/s/ John C. Walters
		John C. Walters
		Its: 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: December 18, 2007	By:	/s/ John C. Walters
		John C. Walters
		Its: President

Date: December 18, 2007	By:	/s/ Tamara L. Fagely
		Tamara L. Fagely
		Its: Vice President, Controller and Treasurer

EXHIBIT LIST

	12(a	)(1)	Code of Ethics
	12(a	)(2)	Audit Committee Pre-Approval Policies and Procedures
99.CERT	12(a	)(3)	Certifications
			(i) Section 302 certification of principal executive officer
			(ii) Section 302 certification of principal financial officer
99.906CERT	12	(b)	Section 906 certification of principal executive officer and principal financial officer