Hartford HLS Series Fund Ii N-CSRS Certified semi-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: 811-04615

HARTFORD HLS SERIES FUND II, 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: December 31^st

Date of reporting period: January 1, 2008 — June 30, 2008

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.CERT Section 302 Certification
EX-99.906CERT Section 906 Certifications

Item 1. Reports to Stockholders.

Semi-Annual Report June 30, 2008
­ ­                                                     ­ ­

• Manager Discussions

• Financials

Hartford Series Fund, Inc.

Hartford HLS Series Fund II, Inc.

Table of Contents

Manager Discussions (Unaudited)	1
Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. Financial Statements:
Schedule of Investments as of June 30, 2008 (Unaudited):
Hartford Advisers HLS Fund	67
Hartford Capital Appreciation HLS Fund	73
Hartford Disciplined Equity HLS Fund	79
Hartford Dividend and Growth HLS Fund	81
Hartford Equity Income HLS Fund	83
Hartford Fundamental Growth HLS Fund	85
Hartford Global Advisers HLS Fund	87
Hartford Global Communications HLS Fund	94
Hartford Global Equity HLS Fund	96
Hartford Global Financial Services HLS Fund	102
Hartford Global Growth HLS Fund	104
Hartford Global Health HLS Fund	106
Hartford Global Technology HLS Fund	108
Hartford Growth HLS Fund	110
Hartford Growth Opportunities HLS Fund	112
Hartford High Yield HLS Fund	114
Hartford Index HLS Fund	119
Hartford International Growth HLS Fund	124
Hartford International Opportunities HLS Fund	126
Hartford International Small Company HLS Fund	129
Hartford LargeCap Growth HLS Fund	132
Hartford MidCap HLS Fund	135
Hartford MidCap Growth HLS Fund	137
Hartford MidCap Value HLS Fund	140
Hartford Money Market HLS Fund	142
Hartford Mortgage Securities HLS Fund	144
Hartford Small Company HLS Fund	147
Hartford SmallCap Growth HLS Fund	152
Hartford SmallCap Value HLS Fund	157
Hartford Stock HLS Fund	163
Hartford Total Return Bond HLS Fund	165
Hartford U.S. Government Securities HLS Fund	175
Hartford Value HLS Fund	179
Hartford Value Opportunities HLS Fund	181
FAS 157 Disclosure of Investment Valuation Hierarchy Levels as of June 30, 2008 (Unaudited)	184
Statements of Assets and Liabilities as of June 30, 2008 (Unaudited)	190
Statements of Operations for the Six-Month Period Ended June 30, 2008 (Unaudited)	196
Statements of Changes in Net Assets for the Six-Month Period Ended June 30, 2008 (Unaudited) and for the Year Ended December 31, 2007	202
Notes to Financial Statements (Unaudited)	214
Financial Highlights (Unaudited)	232
Directors and Officers (Unaudited)	243
How to Obtain a Copy of the Funds’ Proxy Voting Policies and Proxy Voting Records (Unaudited)	245
Quarterly Portfolio Holdings Information (Unaudited)	245
Expense Example (Unaudited)	246
Approval of Amended Investment Sub-Advisory Agreement (Unaudited)	249
This report is prepared for the general information of contract owners and is not an offer of contracts. It should not be used in connection with any offer, except in conjunction with the appropriate prospectus which contains all pertinent information including the applicable sales, administrative and other charges.
The views expressed in each Fund’s Manager Discussion under “Why did the Fund perform this way?” and “What is the outlook?” are views of the Fund’s subadvisers and portfolio management team through the end of the period and is subject to change based on market and other conditions.

Hartford Advisers HLS Fund  inception 3/31/1983

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

Lehman Brothers Government/Credit Bond Index is an unmanaged, market value-weighted index of all debt obligations of the U.S. Treasury and U.S. Government agencies (excluding 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.

Investment goal — Seeks maximum long-term total return.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Advisers IA		-10.11	%		5.48	%		3.21	%
Advisers IB		-10.33	%		5.22	%		2.98	%
Lehman Brothers Government/Credit Bond Index		7.24	%		3.58	%		5.69	%
S&P 500 Index		-13.11	%		7.58	%		2.88	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford Advisers HLS Fund returned -9.51% for the six-month period ended June 30, 2008, versus the returns of
-11.91% for the S&P 500 Index and 0.98% for the Lehman Brothers Government/Credit Bond Index. The Fund underperformed the -7.66% return of the average fund in the Lipper Mixed-Asset Target Allocation Growth VP-UF Funds peer group, a group of funds that hold between 60%-80% in equity securities, with the remainder invested in bonds, cash, and cash equivalents.

Why did the Fund perform this way?

Capital markets were extremely volatile in the first half of 2008 amidst continued turmoil in the U.S. bond and housing markets and an extended credit crunch that contributed to the near collapse of large investment bank Bear Stearns. In the first quarter, equity investors sought to shed risk in response to increasing concerns regarding a shaky financial system and a potential recession in the U.S. Fixed income investors flocked to Treasuries, while all spread sectors (i.e. those that offer yield premiums over Treasuries) posted unprecedented underperformance versus duration-equivalent Treasuries for the quarter. The second quarter of 2008 saw an increase in appetite for risk assets as the spreads on many fixed income sectors had widened to unprecedented levels, as well as an increase in Treasury yields as inflation became a growing concern for the Federal Reserve. Equity markets were buoyed early in the second quarter as the U.S. Federal Reserve cut the federal funds rate by 225 basis points (bps) and took a number of actions in order to alleviate the credit crisis and restore confidence in the U.S. financial system. However, stocks began to retreat soon thereafter as rising commodity prices stoked inflation concerns and continued weakness in the U.S. housing market reignited economic concerns and credit market fears. Equity markets as measured by the S&P 500 Index were down - -11.9% during the period, led lower by Financials (-30%), Telecommunication Services (-17%), and Industrials (-14%). Energy (+9%) and Materials (+1%) were the only sectors to rise during the period. The bond market, as measured by the Lehman Brothers Government/Credit Bond Index, returned 1.0% during the period.

The Fund has three primary levers to generate investment performance: equity investments, fixed income investments, and asset allocation among stocks, bonds, and cash. During the period, the equity portion and the fixed income portion of the Fund both underperformed their respective benchmarks. Asset allocation detracted from the Fund’s performance as the Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) to lagging equities and

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underweight (i.e. the Fund’s sector position was less than the benchmark position) to fixed income hurt relative (i.e. performance of the Fund as measured against the benchmark) returns during the period.

Equity underperformance versus the benchmark was driven primarily by sector positioning, which is a result of bottom-up (i.e. stock by stock fundamental research) security selection. In particular, the Fund’s underweight to the Energy and Utilities sectors and overweight to out-of-favor Financials hurt relative returns. Strong stock selection in Health Care, Energy, Consumer Discretionary, and Materials was offset by weaker selection in Industrials, Financials, and Consumer Staples.

Stocks that detracted the most from relative equity returns during the period included UnitedHealth Group(Health Care), UBS (Financials) and Washington Mutual (Financials). Shares of managed care provider UnitedHealth Group fell on concerns that the company would lower its 2008 earnings guidance due to weakness in its commercial and Medicare businesses, along with higher medical cost trends and slower enrollment. Zurich-based bank UBS experienced losses relating to subprime mortgages and losses in their investment banking division. This forced the company to raise additional dilutive equity capital to help absorb write downs, pushing the stock price lower. Shares of consumer and small business banking company Washington Mutual fell significantly on fears that the losses it may have to incur on its residential real estate portfolio could force another dilutive capital raise and depress earnings for the next several years. Significant detractors from absolute returns also included American International Group (AIG) (Financials) and General Electric (Industrials).

Top relative and absolute (i.e. total return) contributors to equity performance during the period included Elan (Health Care), Hess (Energy), and Chesapeake Energy (Energy). Shares of neuroscience-based biotechnology company Elan moved higher after the company reported positive data related to its multiple sclerosis drug TYSABRI and Alzheimer’s drug Bapineuzumab. Integrated petroleum company Hess saw its stock price increase based on a number of successful wells drilled in Brazil, Gulf of Mexico, and offshore Australia. Independent natural gas company Chesapeake Energy’s shares climbed as management raised production forecasts for 2008 and 2009, citing higher recovery expectations and increased drilling activity levels.

The fixed income portion of the Fund underperformed its benchmark due to its overweight allocations to spread sectors. The Fund’s allocations to mortgage-backed securities (MBS), in particular nonagency MBS, and commercial mortgage-backed securities (CMBS) all detracted from relative results. The first half of 2008 was marked by additional negative headlines from the residential real estate market; improvement in, but still low levels of, market liquidity; and further liquidations by levered investors. Continued concern about the implications of a recession for commercial real estate as well as aggressive underwriting on recent deals put downward pressure on all CMBS valuations. In addition, the Fund’s overweight to the credit sector also hurt relative performance. In particular, the Fund’s exposure to debt issued by financial corporations detracted from performance as concerns over the viability of the U.S. financial system as well as additional structured product and subprime mortgage-related writedowns caused these securities to underperform duration-equivalent Treasuries for the period.

What is the outlook?

The equity portion of the Hartford Advisers HLS Fund is managed with a large cap, core approach. We apply a bottom-up investment process in constructing a diversified portfolio. We look for companies that exhibit the following qualities: industry leadership, strong balance sheets, solid management, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. At the end of the period, our bottom- up investment approach resulted in significant overweight positions in Health Care, Information Technology, and Consumer Discretionary and underweights in Consumer Staples, Utilities, and Energy relative to the S&P 500 Index.

We feel that the deceleration in economic growth will continue in 2008 and the probability for a recession has increased with tighter credit conditions. We expect the Federal Reserve (the “Fed”) to remain on hold. We are therefore neutral duration (i.e. not taking a short vs. long duration position) and have a steeper yield curve (i.e. short and long term interest rates moving farther apart) bias in the fixed income portion of the Fund. Spread sectors should benefit from the numerous Fed actions; therefore, at the end of the period we were underweight to the government sector. Corporate balance sheets are healthy outside the Financial sector relative to past recessions; however profit growth is slowing and the lack of liquidity continues to be problematic. We believe that valuations are attractive but there are risks to this view, so we are neutral credit (i.e. not taking a high quality vs. high yield credit position) on a spread duration basis. Mortgage spreads appear attractive versus Treasuries as future policy actions should favor the residential mortgage sector. The pricing of CMBS implies losses that we believe are too severe. Therefore, at the end of the period we were overweight to MBS and select AAA-rated CMBS.

The equity and fixed income managers will continue to work collaboratively to make decisions regarding portfolio weights in stocks, bonds, and cash. As of June 30, 2008, the Fund’s equity exposure was at 67% 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.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		3.4	%
Capital Goods		0.2
Consumer Cyclical		6.7
Consumer Staples		3.0
Energy		7.8
Finance		24.5
General Obligations		0.3
Health Care		11.4
Prerefunded		0.1
Services		8.6
Technology		18.7
Transportation		0.7
U.S. Government Agencies		2.9
U.S. Government Securities		9.1
Utilities		1.8
Short-Term Investments		12.4
Other Assets and Liabilities		(11.6	)
Total		100.0	%

Distribution by Category
as of June 30, 2008

	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		4.2	%
Common Stocks		67.2
Corporate Bonds: Investment Grades		15.4
Municipal Bonds		0.4
U.S. Government Agencies		2.9
U.S. Government Securities		9.1
Short-Term Investments		12.4
Other Assets and Liabilities		(11.6	)
Total		100.0	%

2

Hartford Capital Appreciation HLS Fund  inception 4/2/1984

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

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

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Investment goal — Seeks growth of capital.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Capital Appreciation IA		-4.63	%		16.37	%		11.33	%
Capital Appreciation IB		-4.86	%		16.08	%		11.08	%
Russell 3000 Index		-12.69	%		8.37	%		3.51	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

Portfolio Managers
Saul J. Pannell, CFA	Mario E. Abularach, CFA, CMT	Jeffery L. Kripke	David W. Palmer, CFA
Senior Vice President, Partner	Vice President	Vice President	Vice President
Nicolas M. Choumenkovitch	Peter I. Higgins, CFA	Paul E. Marrkand, CFA
Senior Vice President	Senior Vice President	Vice President

How did the Fund perform?

The Class IA shares of the Hartford Capital Appreciation HLS Fund returned -9.01% for the six-month period ended June 30, 2008, outperforming its benchmark, the Russell 3000 Index, which returned -11.05% for the same period. The Fund also outperformed the -11.15% return of the average fund in the Lipper Multi-Cap Core VP-UF Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

After rising for five consecutive fiscal years, equity markets, as measured by the Russell 3000 Index, fell during the first half of 2008 as investors sought to shed risk in response to increasing concerns about the financial system and a potential U.S. recession. An extended credit crunch contributed to the near collapse of the large investment bank Bear Stearns. The U.S. Federal Reserve intervened to sponsor an acquisition of Bear Stearns, lowered the federal funds rate, and introduced multiple programs aimed at improving liquidity. Stocks recovered following the January to March swoon, only to fall again in late June. Weakness was broad-based as all but two sectors in the Russell 3000 Index declined. Financials (-27%), Telecommunication Services (-17%), and Consumer Discretionary (-16%) posted the largest losses. Energy and Materials were the only sectors to advance, gaining (+13%) and (+2%), respectively, during the period as oil and commodity prices continued to push higher driven by growing demand from emerging economies.

The Fund outperformed its benchmark due to both stock selection and allocation among sectors, a result of the bottom-up (i.e. stock by stock fundamental research) stock selection process. Strong stock selection in the Materials, Energy, and Information Technology sectors more than offset weaker selection in the Health Care, Financials, and Industrials sectors. In addition, the Fund’s relative (i.e. performance of the Fund as measured against the benchmark) performance benefited from its overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Materials stocks and its underweight (i.e. the Fund’s sector position was less than the benchmark position) in Financials stocks.

U.S. Steel (Materials), Halliburton (Energy), Chesapeake Energy (Energy), and CONSOL Energy (Energy) contributed most to relative and absolute (i.e. total return) returns. Domestic steel producer U.S. Steel benefited from tightness in steel markets brought about in part by

3

a decline in Chinese steel exports. In addition, the company’s vertical integration helped boost profits as the prices of steel-making raw materials rose. Oilfield services company Halliburton, natural gas producer Chesapeake Energy, and coal, gas, and services company CONSOL Energy all saw share price increases driven by continued high global demand for energy.

The largest detractors from relative returns were American International Group (AIG) (Financials), Ford Motor (Consumer Discretionary), Focus Media (Consumer Discretionary), and UnitedHealth Group (Health Care). Insurer AIG saw its shares fall after the company reported weaker-than-expected earnings and a large write-down of troubled mortgage securities. Shares of automotive company Ford Motor fell on news that near term earnings will be lower due to reduced North American Automobile profitability. Shares of Chinese digital advertising and media company Focus Media trended lower due to concerns about management changes, accounting, and mobile spamming. Managed care company UnitedHealth Group was impacted by sector-wide concerns of increasing medical claims rates and physician cost estimates. Top detractors from absolute results also included internet search company Google (Information Technology), pharmaceutical firm Schering-Plough (Health Care), and global bank Citigroup (Financials).

What is the outlook?

We continue to focus our efforts on picking stocks one at a time based on detailed fundamental research. We see attractive investment opportunities in the Materials sector, which represented our largest exposure relative to the Fund’s benchmark at period-end. Top holdings included mining companies Xstrata and Vedanta Resources and steel company U.S. Steel. Information Technology was the largest absolute weight in the Fund at the end of the period, with top positions in IBM, Applied Materials, and Google. The Fund had nearly no exposure to the Utilities sector, and retained lower-than-benchmark weightings in Consumer Staples, Financials, and Health Care at the end of the period.

As of June 30, 2008, Team 1 (Saul Pannell and Frank Catrickes) managed approximately 74% of the Fund’s net assets.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		19.4	%
Capital Goods		5.1
Consumer Cyclical		6.1
Consumer Staples		2.0
Energy		12.6
Finance		14.3
Health Care		8.8
Other Investment Pools and Funds		0.3
Services		4.6
Technology		22.7
Transportation		1.4
Utilities		1.3
Short-Term Investments		13.9
Other Assets and Liabilities		(12.5	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		0.4	%
Austria		0.9
Belgium		0.4
Brazil		3.5
Canada		4.1
China		1.9
Denmark		0.9
Egypt		0.6
Finland		0.2
France		1.1
Germany		0.7
Greece		0.1
Hong Kong		0.3
India		0.3
Ireland		0.6
Israel		0.8
Japan		1.0
Luxembourg		1.4
Netherlands		0.2
Norway		0.8
Russia		0.4
South Africa		0.6
Sweden		0.2
Switzerland		2.3
Taiwan		1.2
United Kingdom		4.9
United States		68.8
Short-Term Investments		13.9
Other Assets and Liabilities		(12.5	)
Total		100.0	%

4

Hartford Disciplined Equity HLS Fund  inception 5/29/1998

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

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 chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Investment goal — Seeks growth of capital.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Disciplined Equity IA		-12.57	%		7.66	%		3.79	%
Disciplined Equity IB		-12.79	%		7.39	%		3.54	%
S&P 500 Index		-13.11	%		7.58	%		2.88	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

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

How did the Fund perform?

The Class IA shares of the Hartford Disciplined Equity HLS Fund returned -12.26% for the six-month period ended June 30, 2008, underperforming its benchmark, the S&P 500 Index, which returned -11.91% for the same period. The Fund also underperformed the -11.56% return of the average fund in the Lipper Large-Cap Core VP-UF 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 fell during the period amid ongoing turmoil in the credit markets, continued home-price declines, compressed profit margins, slowing consumer activity, and growing inflationary pressures. The U.S. Federal Reserve acted aggressively to soften an economic slowdown by cutting the federal funds rate and introducing multiple programs aimed at improving liquidity within the U.S. financial systems and ensuring the orderly functioning of U.S. financial markets. Weakness was widespread during the period as all but two sectors in the S&P 500 Index fell. Financials (-30%), Telecommunication Services (-17%), and Consumer Discretionary (-13%) posted the largest losses. Energy (+9%) and Materials (+1%) were the only sectors to advance during the period as oil and commodities prices continued to push higher on rising demand from emerging economies.

The Fund’s relative (i.e. performance of the Fund as measured against the benchmark) underperformance was due largely to allocation among sectors, which is a result of the bottom-up (i.e. stock by stock fundamental research) stock selection process. Our below-benchmark allocations to Energy and Materials and above-benchmark allocation to Financials had a negative impact on relative results. Stock selection was modestly positive, with strong results in the Financials, Materials, and Industrials sectors partially offset by weaker results in the Health Care and Consumer Discretionary sectors.

The largest detractors on a relative basis were UnitedHealth Group (Health Care), WellPoint (Health Care), and IBM (Information Technology). Shares of insurers UnitedHealth Group and WellPoint fell on sector-wide concerns of increasing medical claims rates and physician cost estimates. IBM, the largest technology company in the world with approximately $100 billion in annual sales, saw its shares rise due in part to strong software earnings growth, healthy margin expansion, and continued share repurchases. The Fund’s benchmark-relative performance was hurt by our underweight (i.e. the Fund’s sector position was less than the benchmark position) position in IBM during a period when it outperformed the index. Other top detractors from absolute (i.e. total return) returns included Bank of America (Financials) and Schering-Plough (Health Care).

5

Top contributors to relative performance during the period were Occidental Petroleum (Energy), Hess (Energy), and Mosaic (Materials). Relative performance also benefited from not owning General Electric, shares of which fell during the period. Oil and gas company Occidental Petroleum reported better-than-expected quarterly earnings driven by strong crude oil prices, sending its shares higher. Continued high oil prices also pushed shares of integrated energy company Hess higher during the period, as the company reported strong exploration and production results. Mosaic, one of the world’s largest makers of phosphates for fertilizer, saw its shares rise during the period as consensus estimates increased due to strong demand for grains and oilseeds. Other top relative and absolute contributors included U.S. Steel (Materials) and Visa (Information Technology).

What is the outlook?

The Fund focuses on stock selection as the key driver of returns and uses proprietary fundamental and quantitative research in a disciplined framework to build a portfolio of the most attractive stocks. Sector exposures are residuals from this bottom-up stock selection process and are not explicit management decisions. At period-end we found attractive investment opportunities in the Health Care sector, with top holdings in drug distributor McKesson and pharmaceutical companies Forest Labs and Eli Lilly. Based on individual stock decisions, the Fund ended the period most overweight the Health Care, Financials, and Information Technology sectors and most underweight the Industrials, Energy, and Consumer Staples sectors. Our largest absolute exposure was in the Information Technology sector, driven by positions in computer maker Hewlett-Packard and software giants Microsoft and Oracle.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		2.8	%
Capital Goods		3.2
Consumer Cyclical		9.8
Consumer Staples		4.0
Energy		13.6
Finance		20.8
Health Care		13.3
Services		7.8
Technology		19.0
Utilities		5.1
Short-Term Investments		7.3
Other Assets and Liabilities		(6.7	)
Total		100.0	%

6

Hartford Dividend and Growth HLS Fund inception 3/9/1994

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

Russell 1000 Value Index is a market cap weighted measure of the performance of the 1/000 largest value-oriented companies in Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index. Value is defined as 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.

Investment goal — Seeks a high level of current income consistent with growth of capital.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Dividend and Growth IA		-9.71	%		10.43	%		6.10	%
Dividend and Growth IB		-9.93	%		10.16	%		5.86	%
Russell 1000 Value Index		-18.78	%		8.92	%		4.91	%
S&P 500 Index		-13.11	%		7.58	%		2.88	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

Edward P. Bousa, CFA
Senior Vice President, Partner

How did the Fund perform?

The Class IA shares of the Hartford Dividend and Growth HLS Fund returned -8.99% for the six-month period ended June 30, 2008, versus the returns of -11.91% for the S&P 500 Index and -13.57% for the Russell 1000 Value Index. The Fund outperformed the -13.29% return of the average fund in the Lipper Equity Income VP-UF Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Equity markets continued to deteriorate over the past six months as investors shed risk amid turmoil in the bond and housing markets and concerns over higher energy and agricultural commodity prices, rising inflation, and the potential impact of a U.S.-led economic recession on global economic growth. The market’s decline was broad-based, as both growth and value, and large- and small-cap stocks succumbed to the negative headwinds. Growth stocks led their value peers, as the Russell 1000 Growth Index’s -9.1% return was ahead of the -13.6% return of the Russell 1000 Value Index. Large stocks, as measured by the Russell 1000 Index, trailed smaller stocks, represented by the Russell 2000 Index, -11.2% to - -9.4%.Within the S&P 500 Index, all but two sectors posted negative returns. Energy (+9%) and Materials (+1%) were the leaders, while Financials (-30%), Telecommunications Services (-17%), and Industrials (-14%) posted the largest 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 driven primarily by sector positioning, a result of bottom-up (i.e. stock by stock fundamental research) stock selection. Our overweights (i.e. the Fund’s sector position was greater than the benchmark position) to the Energy and Materials sectors and our underweight (i.e. the Fund’s sector position was less than the benchmark position) to the Financials sector helped performance. Stock selection was additive within the Information Technology, Consumer Discretionary, and Consumer Staples sectors, while weaker selection within Financials and Materials detracted from performance.

The Fund’s top three contributors to relative and absolute (i.e. total return) performance over the period were Agrium (Materials), EnCana (Energy), and XTO (Energy). Shares of Agrium, the largest agricultural retailer in the U.S. and a major producer of nitrogen, phosphate, and

7

potash fertilizers, got a boost from the strong run-up in fertilizer prices. EnCana, a Canadian gas producer, benefited from better-than-expected earnings on output and price increases, pushing shares higher. XTO is an independent oil and gas production company that benefited from higher energy prices and strong production growth. The company also benefited from the rally in North American natural gas prices during the first half of 2008.

Detractors from relative performance included UBS (Financials), Bank of America (Financials), and Royal Caribbean (Consumer Discretionary). UBS experienced losses relating to subprime mortgages, as well as losses in their investment banking division. This forced the company to raise additional dilutive equity capital to help absorb write-downs, pushing the stock price lower. Bank of America is a large diversified bank holding company. Shares fell amid rising credit losses, a deteriorating home equity portfolio and weaker consumer trends. Royal Caribbean is a U.S.-based vacation cruise company. Although the fundamentals of the company remain strong, shares fell due to concerns about slowing U.S. consumer spending and the impact that higher energy prices would have on margins. On an absolute basis, the Fund’s position in U.S.-based telecommunications provider AT&T hurt performance as shares declined on consumer weakness, particularly in regions of the U.S. experiencing a severe housing downturn.

What is the outlook?

Our discipline is focused on identifying industries where supply/demand conditions remain favorable. At the end of the period we found these conditions to be prevalent in the Energy and Materials sectors as global demand remains strong and supply is constrained. Based on these views and our bottom-up stock selection we ended the period with our largest overweights in the Energy, Utilities, and Materials sectors. Within Energy we are finding attractive names in oil and gas exploration companies with holdings in EnCana and XTO Energy. Within Utilities we favor Exelon. Our largest underweight positions relative to the benchmark at the end of the period were in the Information Technology, Financials, and Consumer Discretionary sectors.

Diversification by Industry

as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		7.9	%
Capital Goods		3.6
Consumer Cyclical		7.4
Consumer Staples		3.8
Energy		20.2
Finance		12.2
Health Care		11.8
Services		8.3
Technology		15.6
Transportation		1.2
Utilities		6.8
Short-Term Investments		6.0
Other Assets and Liabilities		(4.8	)
Total		100.0	%

8

Hartford Equity Income HLS Fund  inception 10/31/2003

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 10/31/03 - 6/30/08

Growth of $10,000 investment

Russell 1000 Value Index is a market cap weighted measure of the performance of the 1,000 largest value-oriented companies in Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index. Value is defined as companies with lower price-to-book ratios and lower forecasted growth values.

Investment goal — Seeks a high level of current income consistent with growth of capital.

Average Annual Returns (as of 6/30/08)

	1 Year			Since Inception
Equity Income IA		-11.80	%		7.55	%
Equity Income IB		-12.02	%		7.28	%
Russell 1000 Value Index		-18.78	%		7.73	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1) Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford Equity Income HLS Fund returned -11.95% for the six-month period ended June 30, 2008, outperforming its benchmark, the Russell 1000 Value Index, which returned -13.57% for the same period. The Fund also outperformed the -13.29% return of the average fund in the Lipper Equity Income VP-UF Funds 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, oil and grain prices hit new record highs and central banks became increasingly determined to fight inflation at the expense of economic growth. These negative shocks came on top of the existing concerns about the state of the U.S. economy and the health of the global financial system. During the period, value stocks significantly underperformed growth stocks, as measured by the Russell 1000 Value -13.57% and Russell 1000 Growth -9.06% Indices. Within the Fund’s Russell 1000 Value Index benchmark, Energy was the only sector that posted positive returns. Financials, Telecommunication Services, Consumer Discretionary and Industrials were significant laggards.

While the Fund’s investment strategy is based on bottom-up (i.e. stock by stock fundamental research) fundamental research on each company, the primary drivers 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) position in Financials and overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in Utilities and Materials. In addition, stock selection also contributed significantly to the Fund’s relative performance. Stock selection was strongest within Financials and Health Care and weakest within Energy and Materials.

Among the top contributors to absolute (i.e. total return) and relative performance were Energy stocks Chevron and BP, Industrials stock Waste Management and Consumer Staples stock General Mills. Both Chevron and BP’s shares continue to benefit from higher crude oil prices. BP’s new management team is focused on improving execution and operational efficiencies for oil production. Waste Management is a provider of integrated waste services in North America and the stock benefited from strong pricing power. General Mills’ stock price benefited from a series of events during the quarter which included a new, execution-oriented management team, strong pricing power and positive sales momentum. In addition, relative performance was helped by avoiding American International Group (AIG) (Financials), whose stock price declined sharply following the company’s credit downgrade by Moody’s Investor Services, who cited the mounting losses relating to AIG’s exposure to the U.S. mortgage market and credit derivatives.

Among the top detractors from absolute and relative performance were Financials stocks UBS and Bank of America and Industrials stock

9

General Electric. UBS and Bank of America’s shares declined due to general concerns about liquidity and the companies’ exposure to the subprime mortgage market. General Electric’s shares declined as management announced the company would miss its earnings estimates for the first quarter. In addition, not owning Energy stocks Occidental Petroleum, Devon Energy and Apache detracted from relative performance versus the benchmark as the companies’ shares benefited from increasing crude oil prices.

What is the outlook?

The U.S. economic outlook deteriorated in the second quarter, as the extended housing downturn and oil-price shocks reverberated through the system. Rising food and energy prices continue to pressure consumer confidence and spending levels. Although the Federal Reserve held interest rates steady at its recent meeting, pressure is mounting to hike interest rates to combat rising inflation.

In this environment, the Fund maintains a somewhat defensive posture via an overweight to Utilities and Consumer Staples and underweights to Consumer Discretionary and Financials relative to the Russell 1000 Value Index. During the period we made some incremental moves in the Fund to enhance these positions. Exposure to the Consumer Staples sector increased as we established positions in Food & Beverage. The Fund’s underweight to Consumer Discretionary increased as we reduced our Retailing exposure in favor of less economically sensitive companies.

*As disclosed in the Fund’s prospectus, as of July 1, 2008, John R. Ryan is no longer involved in the management of the Fund. Mr. Reckmeyer has succeeded Mr. Ryan in the management of the Fund.

Diversification by Industry

as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		8.7	%
Capital Goods		0.9
Consumer Cyclical		4.3
Consumer Staples		9.0
Energy		18.4
Finance		20.7
Health Care		8.7
Services		2.1
Technology		13.1
Transportation		1.1
Utilities		12.7
Short-Term Investments		1.4
Other Assets and Liabilities		(1.1	)
Total		100.0	%

10

Hartford Fundamental Growth HLS Fund inception 4/30/2001

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 4/30/01 - 6/30/08
Growth of $10,000 investment

Russell 1000 Growth Index is an unmanaged index which measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values. (The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

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

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
Fundamental Growth IA		-2.14	%		9.39	%		4.23	%
Fundamental Growth IB		-2.38	%		9.11	%		3.98	%
Russell 1000 Growth Index		-5.96	%		7.32	%		0.51	%
S&P 500 Index		-13.11	%		7.58	%		2.14	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

Francis J. Boggan, CFA
Senior Vice President, Partner

How did the Fund perform?

The Class IA shares of the Hartford Fundamental Growth HLS Fund returned -6.57% for the six-month period ended June 30, 2008, versus the returns of -11.91% for the S&P 500 Index and -9.06% for the Russell 1000 Growth Index. The Fund outperformed the -10.06% return of the average fund in the Lipper Large Cap Growth VP-UF 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 fell in the first half of 2008 amidst continued turmoil in the U.S. bond and housing markets and an extended credit crunch that contributed to the near collapse of large investment bank Bear Stearns. Equity investors sought to shed risk in response to the increasing concerns regarding a weakening financial system and a potential recession in the U.S. Equity markets were buoyed early in the second quarter by Federal Reserve actions and the perception of stabilizing credit markets. However, stocks began to retreat soon thereafter as rising commodity prices stoked inflation concerns and continued weakness in the U.S. housing market reignited economic concerns and credit market fears. Within the Russell 1000 Growth Index, losses during the period were broad-based with only two of ten sectors posting positive results. Energy (+16%) and Materials (+6%) performed best, while five sectors posted double-digit negative returns, led by Financials (-23%), Consumer Discretionary (-15%) and Health Care (-13%).

The Fund outperformed during the period due to stock selection across several sectors. Stock selection was particularly strong in Consumer Discretionary, Energy, Materials and Health Care, but was slightly offset by weaker selection in Financials, Telecommunication Services and Consumer Staples. Sector positioning, a result of bottom-up (i.e. stock by stock fundamental research) stock selection, also contributed positively to benchmark-relative (i.e. performance of the Fund as measured against the benchmark) performance as our overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in Energy and Materials more than offset an overweight to lagging Financials.

11

The three largest contributors to relative and absolute (i.e. total return) performance were Apache (Energy), Potash (Materials), and Gymboree (Consumer Discretionary). Shares of independent energy exploration and production company Apache rose during the period as surging oil prices helped the company report better-than-expected fourth quarter results and management announced several major development projects for 2008. Shares of Canadian fertilizer and feed products company Potash moved higher after reporting better-than-expected fourth quarter earnings and raising its guidance for the first quarter and all of 2008, as the company benefited from strong fertilizer price trends. Specialty children’s retailer Gymboree reported a strong holiday season in which the company met aggressive sales goals resulting in increased same-store sales growth for the fourth quarter.

Top detractors from relative performance included American International Group (AIG) (Financials), WellPoint (Health Care), and Coventry (Health Care). Shares of global insurance and financial services provider AIG fell after the company reported weaker-than-expected earnings, a sharp decline in book value, and a large write-down of troubled mortgage securities. Managed healthcare insurance provider WellPoint’s stock price fell after management reduced 2008 guidance citing an underestimation of medical cost trends. Coventry’s shares declined as the health maintenance organization lowered its earnings outlook citing higher Medicare and commercial medical cost trends. UnitedHealth Group (Health Care), Microsoft (Information Technology) and Google (Information Technology) also detracted from the Fund’s absolute performance.

What is the outlook?

The Fund seeks to add value through bottom-up security selection in a diversified portfolio of high-quality growth companies with attractive valuations. Investment decisions are based primarily on independent, bottom-up, fundamental research. As of the end of the period, the Fund was most overweight Health Care, where we are finding attractive growth opportunities and we believe the group should perform relatively well in a difficult economic environment. Top Health Care holdings included WellPoint, Amgen and Covidien. We were also overweight Financials, where we think improving fundamentals and the current depressed valuations make the sector increasingly attractive. The Fund also had and overweight exposure to the Materials sector. At the end of the period, the Fund was most underweight the Consumer Staples, Industrials and Utilities sectors relative to the Russell 1000 Growth Index.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		5.6	%
Capital Goods		4.8
Consumer Cyclical		7.3
Consumer Staples		3.1
Energy		12.6
Finance		9.1
Health Care		16.7
Services		4.8
Technology		28.5
Transportation		1.3
Utilities		1.6
Short-Term Investments		6.0
Other Assets and Liabilities		(1.4	)
Total		100.0	%

12

Hartford Global Advisers HLS Fund inception 3/1/1995

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

Lehman Brothers Global Aggregate Index USD Hedged (“Lehman Brothers Global Aggregate Index”) provides a broad-based measure of the global investment-grade fixed income markets (the three major components of this index are the U.S. Aggregate, the Pan-European Aggregate, and the Asian-Pacific Aggregate indices; it also includes Eurodollar and Euro-Yen corporate bonds, Canadian Government securities, and USD investment grade 144A securities).

Investment goal — Seeks maximum long-term total rate of return.

Average Annual Returns(2,3) (as of 6/30/08)

	1 Year			5 Year			10 Year
Global Advisers IA		1.54	%		8.61	%		5.13	%
Global Advisers IB		1.28	%		8.34	%		4.88	%
Lehman Brothers Global Aggregate Index USD Hedged		4.95	%		3.83	%		5.41	%
MSCI World Growth Index		-2.75	%		12.24	%		3.42	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on November 9, 1999. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.
(3)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

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 chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers

Matthew D. Hudson, CFA	Robert L. Evans	Scott M. Elliot	Evan S. Grace, CFA
Vice President and Equity Portfolio Manager	SeniorVice President, Partner, and Fixed Income Portfolio Manager	Senior Vice President, Partner, and Director of Asset Allocation Strategies	Vice President and Director of Asset Allocation Research

How did the Fund perform?

The Class IA shares of the Hartford Global Advisers HLS Fund returned -7.66% for the six-month period ended June 30, 2008, versus the returns of -6.83% for the MSCI World Growth Index and 0.08% for the Lehman Brothers Global Aggregate Index USD Hedged. The Fund underperformed the - -5.56% return of the average fund in the Lipper Global Flexible Portfolio VP-UF peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Global equity and fixed income markets were down for the six-months ended June 30, 2008. Markets were volatile during the period as investors remained concerned about higher energy and agricultural commodity prices and the potential impact of a U.S.-led economic recession on global economic growth. Global equity markets were granted a brief reprieve on better-than-expected first quarter earnings and economic growth reports as well as increasing optimism that the worst of the turmoil in the Financials sector had passed. However, renewed credit market concerns and rising inflationary expectations reignited fears of a global slowdown, pressuring stocks in the latter part of the period. The MSCI World Growth Index returned -6.83% over the six months. Sector returns within the MSCI World Growth Index were negative for all but Energy and Materials. Financials, Consumer Discretionary, and Telecommunication Services fell the most during the period.

Global fixed income markets were similarly fragile during the first-half of the year as the ongoing credit crunch, a deteriorating U.S. housing market, elevated inflationary pressures and slowing global growth led lower-quality assets to underperform higher quality assets like U.S. Treasuries. As investors flocked to the safety of government debt, yields in the U.S., particularly among shorter-dated issues, declined. Performance across other global fixed income markets was mixed as global central banks adopted a variety of policy measures in an effort to counteract inflationary pressures without stifling growth.

The Fund trailed its MSCI World Growth Index benchmark primarily due to weak relative (i.e. performance of the Fund as measured against the benchmark) returns in the equity portion of the Fund. The fixed income portion modestly outperformed its benchmark for the period. Allocation among equities, bonds, and cash had a negligible impact during the period.

The underperformance of the Fund’s equities relative to the MSCI World Growth Index during the period was a primarily a result of security selection. Positive stock selection in Materials and Telecommunication Services was more than offset by weaker stock selection in the Financials, Consumer Discretionary, and Information Technology sectors. Sector allocation, which is a fall-out of bottom-up (i.e. stock by stock fundamental research) security selection, also detracted from relative performance. The Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) to lagging Financials, Information Technology and Telecommunication Services hurt benchmark relative returns.

The top detractors from the equity portion of the Fund’s relative and absolute (i.e. total return) performance were MF Global (Financials), Suntech Power Holdings

13

(Industrials), and Las Vegas Sands (Consumer Discretionary). Shares of MF Global fell sharply after a rogue trader within the Bermuda-based independent derivatives brokerage firm caused significant losses by trading unauthorized wheat futures contracts. Shares of China-based solar energy company Suntech Power retreated after management released disappointing results and production guidance, citing pressures from tight silicon markets and high silicon prices. Shares of Las Vegas Sands, a developer and operator of hotel, gaming, and resort businesses, fell due to disappointing earnings as gamblers at its properties had better-than-expected success. Google also detracted from absolute performance results. The company experienced a decline in its stock price after reporting weaker-than-expected earnings and slowing growth in paid ad clicks.

Elan (Health Care), Potash (Materials), and Seadrill (Materials) were the leading relative contributors to equity performance owned by the Fund. Shares of neuroscience-based biotechnology company Elan moved higher after the company announced positive data related to its multiple sclerosis drug TYSABRI. Canadian-based fertilizer and feed products company Potash advanced after the company reported better-than-expected first quarter earnings and raised its guidance for all of 2008. Shares of Norwegian deepwater drilling company, Seadrill, moved higher after the company posted better-than-expected operating profits and stated that day-rates for rigs were expected to continue to move higher due to strong demand. Oil and gas company Ultra Petroleum also contributed to the Fund’s absolute returns as shares skyrocketed after the company reported better than expected profits driven by increased commodity prices and higher production.

The fixed income portion of the fund outperformed its Lehman Brothers Global Aggregate Index USD Hedged benchmark during the period, driven by favorable performance among our credit and country strategies. In contrast, yield curve, currency and duration strategies detracted from results. Performance among credit strategies was driven primarily by second quarter overweights in residential and commercial mortgage backed securities, sectors particularly hard hit in the first quarter, as well as favorable security selection among high-quality, short-dated corporate bonds. Positioning in country strategies also was beneficial. Currency strategies detracted from performance as expectations for currency weakness in Eastern Europe, particularly in Hungary, detracted from results. Yield curve positioning was also a modest negative as weaker-performing positions in Germany offset more favorable performance in U.S. yield curve positions. Duration positioning also detracted as overweight duration positions in Australia and inflation-linked positions in Japan detracted during the period.

What is the outlook?

The headwinds from the housing downturn in the U.S. are impacting a number of large, global economies as well as a number of smaller, open economies. Significant policy stimulus in the U.S. may prevent the Federal Reserve from changing its interest rate posture, but many non-U.S. central banks are faced with difficult policy decisions as inflationary pressures remain high while growth has slowed.

Our equity positioning is the result of bottom-up fundamental research. At the end of the period, our stock-by-stock investment process resulted in greater-than-benchmark weights in Telecommunication Services, Information Technology, and Industrials stocks. The Fund held less-than-benchmark weights in Consumer Staples, Consumer Discretionary, and Utilities names.

Given our outlook, the fixed income portion of the Fund is positioned with a long duration bias outside of Canada, where we still have a short duration bias versus the major European economies. Among credit strategies, we continue to avoid sectors and issuers with elevated subprime consumer exposure and refinancing risk as new issuance has led to significant price declines in secondary markets. As markets have engaged more with the idea of global macroeconomic slowdown and higher inflation, we continue to focus positions on large industrial and banking companies with good sources of funding and strong balance sheets. We continue to favor U.S. dollar-denominated corporate credit although valuations are improving in Europe and the U.K.

From an asset allocation standpoint, the Fund ended the period with a slight underweight (i.e. the Fund’s sector position was less than the benchmark position) to equities and slight overweights to fixed income and cash.

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		1.6	%
Austria		0.4
Brazil		0.8
Canada		4.2
China		0.4
Denmark		2.2
Finland		0.1
France		5.6
Germany		8.7
Greece		1.4
Ireland		1.7
Israel		0.9
Japan		2.8
Luxembourg		1.7
Mexico		0.9
Netherlands		2.2
Norway		1.0
Poland		0.1
Singapore		1.1
South Africa		0.1
Spain		2.6
Sweden		0.1
Switzerland		2.7
Taiwan		0.6
United Kingdom		6.3
United States		46.9
Short-Term Investments		9.0
Other Assets and Liabilities	(6.1)
Total		100.0	%

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		7.4	%
Capital Goods		3.5
Consumer Cyclical		3.6
Consumer Staples		4.5
Energy		6.7
Finance		17.2
Foreign Governments		11.6
Health Care		8.2
Services		1.9
Technology		19.2
Transportation		1.9
U.S. Government Agencies		7.0
U.S. Government Securities		1.5
Utilities		2.9
Short-Term Investments		9.0
Other Assets and Liabilities		(6.1	)
Total		100.0	%

Distribution by Category
as of June 30, 2008

	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		3.7	%
Common Stocks		55.7
Corporate Bonds: Investment Grade		29.1
Corporate Bonds: Non-Investment Grade		0.1
U.S. Government Agencies		7.0
U.S. Government Securities		1.5
Short-Term Investments		9.0
Other Assets and Liabilities		(6.1	)
Total		100.0	%

14

Hartford Global Communications HLS Fund  inception 12/27/2000

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 12/27/00 - 6/30/08
Growth of $10,000 investment

MSCI AC (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.

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
Global Communications IA		-2.62	%		20.18	%		4.47	%
Global Communications IB		-2.86	%		19.88	%		4.23	%
MSCI AC (All Country) World Telecommunication Services Index		-5.98	%		13.64	%		1.87	%*
S&P 500 Index		-13.11	%		7.58	%		1.35	%*

* Return is from 12/31/00

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

Archana Basi, CFA
Vice President, Global Industry Analyst

How did the Fund perform?

The Class IA shares of the Hartford Global Communications HLS Fund returned -13.09% for the six-month period ended June 30, 2008, outperforming its benchmark, the MSCI All Country World Free Telecommunication Services Index, which returned -15.96% for the same period. The Fund also outperformed the -14.12% return of the average fund in the Lipper Science & Technology VP-UF Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Global equities fell during the period amid continued turmoil in the U.S. credit and housing markets and concerns regarding global economic growth. Telecommunication Services stocks trailed the broader market, falling -15.96% versus a -10.41% decline in the MSCI All Country World Index. This follows two consecutive calendar years of Telecommunications outperformance. Diversified telecommunications companies fell less than their wireless peers, while communications equipment stocks performed relatively well. On a regional basis, Telecommunications companies in Latin America and Asia have benefited from relatively strong stock price performance, while returns in North America, Europe, and other emerging markets have been more challenging.

The Fund benefited from a number of holdings within certain emerging markets 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 Brazilian stocks Telemar Norte Leste and Brasil Telecom and Israeli wireless provider Partner Communications. Shares of Brazilian fixed line operator Telemar Norte Leste rose in anticipation of a possible corporate restructuring and acquisition of Brasil Telecom. Brasil Telecom, in turn, saw share price gains primarily in expectation of the buyout by Telemar Norte Leste. The market also was pleased by the company’s solid financial results for the fourth quarter of 2007, particularly in its mobile division. Partner Communications reported strong fourth quarter of 2007 results, which was driven by higher data

15

utilization and expanded minutes of use. Partner’s outlook remains positive as the company should continue to benefit from mobile number portability and its upcoming network upgrade that will enable higher data speeds. Other top relative and absolute contributors included UK fixed line operator Thus Group, Brazilian integrated service provider Tele Norte, and Italian diversified communications company Telecom Italia.

The largest detractors from relative performance included mobile operators in Turkey (Turkcell) and Russia (VimpelCom), Indian diversified operator Bharti Airtel, and Alaska-based integrated communications company General Communications. Shares of Turkcell declined on overall weakness in the Turkish stock market. Investor fears were stoked by worries over an expiring loan from the International Monetary Fund (IMF) and potential political instability caused by a judicial attempt to shut down the governing party. After strong price performance in 2007, VimpelCom shares pulled back as the company’s financial results for the fourth quarter of 2007 did not beat investors’ expectations. In addition, Russian stocks, in general, performed poorly in the first half of 2008 due to concerns over the global economic slowdown and its impact on emerging markets. Bharti Airtel saw its shares fall on concerns over how the company would fund its proposed purchase of South African global communications company MTN Group. Shares of General Communications traded lower when the company reported earnings below analyst expectations. Other detractors from absolute returns included Norway-based mobile provider Telenor and Spanish diversified communications company Telefonica.

What is the outlook?

The Fund’s stock selection focuses on companies with solid business fundamentals, but which consensus opinion has misperceived as being at a competitive disadvantage. Because of the uncertainty and volatility surrounding the Telecommunications 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 Fund is currently positioned in line with our thinking that wireless stocks will outperform wireline stocks and emerging market Telecommunications stocks will outperform those in the developed markets.

At a meeting held on February 6, 2008, the Board of Directors of Hartford Series Fund, Inc. unanimously approved on behalf of Global Communications HLS Fund, Global Financial Services HLS Fund and Global Technology HLS Fund (each, an “Acquired Fund”) and Global Equity HLS Fund (the “Acquiring Fund”), the reorganization of Global Communications HLS Fund with and into the Acquiring Fund, the reorganization of Global Financial Services HLS Fund with and into the Acquiring Fund and the reorganization of the Global Technology HLS Fund with and into the Acquiring Fund. The Board of Directors has called for a Special Meeting of Shareholders of each Acquired Fund to be held on or about August 12, 2008, for the purpose of seeking the approval of each reorganization.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Internet Providers & Web Search Portal		5.5	%
Other Telecommunications		29.8
Telecommunication Resellers		8.7
Wired Telecommunications Carriers		9.5
Wireless Communications Services		12.0
Wireless Telecommunications Carriers		33.1
Short-Term Investments		7.7
Other Assets and Liabilities		(6.3	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Argentina		0.8	%
Brazil		12.0
Canada		0.9
Egypt		4.3
France		3.4
Germany		3.1
India		2.4
Indonesia		2.3
Israel		4.6
Italy		3.3
Luxembourg		6.7
Mexico		1.5
Norway		8.0
Russia		11.8
South Africa		4.4
Spain		8.6
Turkey		3.2
United Kingdom		1.6
United States		15.7
Short-Term Investments		7.7
Other Assets and Liabilities		(6.3	)
Total		100.0	%

16

Hartford Global Equity HLS Fund inception 1/31/2008

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 1/31/08 - 6/30/08
Growth of $10,000 investment

MSCI All Country World Index is a free float-adjusted market capitalization index that is designed to measure global developed-market equity performance. The index consists of 23 developed-market country indices, including the United States.

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns (as of 6/30/08)

	Since
	Inception
Global Equity IA		-2.13	%
Global Equity IB		-2.23	%
MSCI All Country World Index		-2.44	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1) Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers

Mark D. Mandel, CFA	Cheryl M. Duckworth, CFA
Senior Vice President	Senior Vice President

How did the Fund perform?

The Class IA shares of the Hartford Global Equity HLS Fund returned -2.13% for the five-month period ended June 30, 2008, outperforming its benchmark, the MSCI All Country World Index, which returned -2.44% for the same period. The Fund outperformed the -4.73% return of the average fund in the Lipper Global Core VP-UF 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 continued to struggle during the first six-months of 2008 amid ongoing turmoil in the U.S. mortgage and credit markets. Equity markets were buoyed early in the second quarter by actions of the Federal Reserve and the perception of stabilizing credit markets; however, stocks began to retreat soon thereafter as rising commodity prices stoked inflation concerns and continued weakness in the U.S. housing market reignited economic concerns and credit market fears. These events in the U.S. had a broad impact and contributed to a complicated environment for monetary policy makers in the U.S. and Europe.

During the five-month period since its inception, the Fund has benefited from security selection in the Energy, Materials, and Financials sectors; stock selection was weaker in the Industrials, Consumer Staples, and Consumer Discretionary sectors. The Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) exposure to lagging Financials also aided relative (i.e. performance of the Fund as measured against the benchmark) performance.

Japan Tobacco (Consumer Staples), UnitedHealth Group (Health Care), and Smurfit-Stone Container (Materials) were among top detractors from relative performance during the period. Japan Tobacco’s share price declined after a lawmaker proposed a tax increase that would triple cigarette prices in Japan, which would hurt demand in the company’s largest market. Shares of managed care provider UnitedHealth fell on concerns that the company would lower its 2008 earnings guidance due to weakness in its commercial and Medicare businesses, along with higher medical cost trends and slower enrollment. Paper-based packaging products manufacturer Smurfit-Stone faced headwinds as higher energy prices drove up the costs of transportation and chemicals, pushing its shares lower. Other detractors from absolute returns included U.S.-based banks Bank of America and Washington Mutual.

Materials and Energy holdings were the primary contributors to relative and absolute (i.e. total return) returns during the period, led by Agrium (Materials), Vale (also known as Companhia Vale do Rio Doce) (Materials), and Potash (Materials). Shares of agricultural seed, chemicals, and fertilizer company Agrium rose after the company posted solid earnings as record world grain prices continued to spur demand for crop nutrients, seed, and chemicals. Diversified Brazilian

17

metals and mining business Vale saw its shares appreciate on higher-than-expected iron ore settlement prices. In an environment of rising costs, the firm is benefiting from its size and low cost structures. Potash is a Canadian-based fertilizer and feed products company. The company’s shares rose after it reported better-than-expected first quarter earnings and raised its guidance for all of 2008. Holding shares of Canada-based independent energy company Canadian Natural Resources (Energy) also contributed to absolute performance as the company reported earnings above consensus, driven by higher realized oil and natural gas prices and better-than-expected production volumes.

What is the outlook?

The Fund’s diversified portfolio is constructed by selecting companies across sectors and industries that are deemed attractive by a team of global industry analysts. As a result of bottom-up stock selection, at the end of the period we were most overweight the Health Care sector and underweight Financials and Industrials relative to the MSCI All Country World Index. Our holdings are geographically diverse. Within Health Care we favor pharmaceutical companies Schering Plough and Abbott Laboratories. At the end of the period, the Fund was significantly overweight to North America, which was offset by underweights in developed Europe and Japan relative to the Index. North American names that we favored included Canadian fertilizer company Agrium and U.S. software company Microsoft.

At a meeting held on February 6, 2008, the Board of Directors of Hartford Series Fund, Inc. unanimously approved on behalf of Global Communications HLS Fund, Global Financial Services HLS Fund and Global Technology HLS Fund (each, an “Acquired Fund”) and Global Equity HLS Fund (the “Acquiring Fund”), the reorganization of Global Communications HLS Fund with and into the Acquiring Fund, the reorganization of Global Financial Services HLS Fund with and into the Acquiring Fund and the reorganization of the Global Technology HLS Fund with and into the Acquiring Fund. The Board of Directors has called for a Special Meeting of Shareholders of each Acquired Fund to be held on or about August 12, 2008, for the purpose of seeking the approval of each reorganization.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		11.7	%
Capital Goods		1.9
Consumer Cyclical		7.4
Consumer Staples		7.1
Energy		11.3
Finance		18.9
Health Care		12.9
Services		5.0
Technology		14.9
Transportation		0.9
Utilities		4.9
Short-Term Investments		2.2
Other Assets and Liabilities		0.9
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		1.4	%
Austria		0.7
Belgium		0.6
Brazil		3.7
Canada		7.7
China		1.0
Denmark		0.0
Egypt		0.3
France		4.5
Germany		4.1
Greece		0.2
Hong Kong		0.7
India		0.5
Indonesia		0.2
Ireland		0.4
Israel		0.4
Italy		0.9
Japan		6.0
Luxembourg		0.2
Malaysia		0.4
Mexico		0.1
Netherlands		2.0
Norway		1.0
Russia		2.8
Singapore		0.9
South Africa		0.3
Spain		0.8
Sweden		1.0
Switzerland		3.4
Taiwan		0.6
Turkey		0.3
United Kingdom		4.8
United States		45.0
Short-Term Investments		2.2
Other Assets and Liabilities		0.9
Total		100.0	%

18

Hartford Global Financial Services HLS Fund inception 12/27/2000

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 12/27/00 - 6/30/08
Growth of $10,000 investment

MSCI Finance ex Real Estate Index includes only companies in both the MSCI Developed Index and in the Banks, Diversified Financials or Insurance industry groups. The constituents of this index will represent 85% of the market capitalization of all companies in these specific countries and industry groups.

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

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1			5			Since
	Year			Year			Inception
Global Financial Services IA		-28.39	%		5.78	%		1.24	%
Global Financial Services IB		-28.57	%		5.51	%		1.00	%
MSCI Finance ex Real Estate Index		-31.85	%		6.84	%		1.36	%*
S&P 500 Index		-13.11	%		7.58	%		1.35	%*

* Return is from 12/31/00

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

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

How did the Fund perform?

The Class IA shares of the Hartford Global Financial Services HLS Fund returned -20.25% for the six-month period ended June 30, 2008, outperforming its benchmark, the MSCI Finance ex-Real Estate Index, which returned -23.27% for the same period. The Fund also outperformed the -24.49% return of the average fund in the Lipper Financial Services VP-UF Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

The six-month period ending June 30, 2008 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 subprime mortgage market, which led to tightening credit availability and deterioration in the U.S. housing market. The extended credit crunch contributed to the near collapse of large investment bank Bear Stearns. Equity investors sought to shed risk in response to the increasing concerns regarding a shaky financial system and a potential recession in the U.S. Equity markets were buoyed early in the second quarter by actions of the Federal Reserve and the perception of stabilizing credit markets. However, stocks began to retreat soon thereafter as rising commodity prices stoked inflation concerns and continued weakness in the U.S. housing market reignited economic concerns and credit market fears. Financial stocks plummeted in the second half of June. In this environment, every industry in the MSCI Finance ex-Real Estate Index posted double-digit declines during the period. Thrifts & Mortgage Finance (-42%), Diversified Financial Services (-33%), and Capital Markets (-27%) stocks were hit the hardest.

The Fund outperformed during the period due to security selection, particularly in the Commercial Banks, Capital Markets, Diversified Financial Services, and Insurance industries. For the period, the only industry where stock selection detracted from results was Thrifts & Mortgage Finance.

Top contributors to relative (i.e. performance of the Fund as measured against the benchmark) performance included Banco Itau (Banks), DBS Group Holdings (Banks) and American International Group (AIG) (Insurance). Shares of Banco Itau, a large Brazil-based bank, rose as the

19

company posted solid earnings growth due to robust loan growth. Shares of Singapore-based DBS Group Holdings rose as the bank reported results ahead of expectations due to higher interest income and strong loan growth. In addition, the Fund benefited from not investing in global insurance and financial services provider AIG as their shares fell after the company reported weaker-than-expected earnings and a large write-down of troubled mortgage securities. Lloyds TSB Group (Banks) and Toronto Dominion Bank (Banks) also contributed to absolute (i.e. total return) performance.

Washington Mutual (Banks), Old Mutual plc (Insurance) and HSBC Group Holdings (Banks) were the top detractors to relative performance during the period. U.S. thrift-holding company and residential mortgage lender Washington Mutual was hit hard on fears that the losses it will incur on its residential real estate portfolio could force another dilutive capital raise and cause massive losses for the next several years. Shares of Old Mutual, the U.K. domiciled insurer which still has half its business in South Africa, was hurt after economic concerns and sharp currency decline seen in that country. The Fund did not hold HSBC, which hurt relative performance as its shares substantially outperformed other financials due to the company’s strong capital base and exposure to emerging markets. Other top detractors from absolute performance included Diversified Financial Services firms UBS, Invesco, and Julius Baer.

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 subprime 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. Our holdings are geographically diverse. At the end of the period, we remained overweight (i.e. the Fund’s sector position was greater than the benchmark position) to North America and emerging markets, and underweight (i.e. the Fund’s sector position was less than the benchmark position) in Asia and the United Kingdom relative to the Fund’s benchmark. At the end of the period we were most overweight the Consumer Finance and Thrifts & Mortgage Finance industries and most underweight Diversified Financial Services and Commercial Banks.

At a meeting held on February 6, 2008, the Board of Directors of Hartford Series Fund, Inc. unanimously approved on behalf of Global Communications HLS Fund, Global Financial Services HLS Fund and Global Technology HLS Fund (each, an “Acquired Fund”) and Global Equity HLS Fund (the “Acquiring Fund”), the reorganization of Global Communications HLS Fund with and into the Acquiring Fund, the reorganization of Global Financial Services HLS Fund with and into the Acquiring Fund and the reorganization of the Global Technology HLS Fund with and into the Acquiring Fund. The Board of Directors has called for a Special Meeting of Shareholders of each Acquired Fund to be held on or about August 12, 2008, for the purpose of seeking the approval of each reorganization.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Commercial Banking		14.2	%
Depository Credit Banking		29.9
Insurance Carriers		20.2
International Trade Financing (Foreign Banks)		5.6
Monetary Authorities — Central Bank		3.6
Nondepository Credit Banking		6.5
Other Financial Investment Activities		10.3
Real Estate Credit (Mortgage Banking)		3.7
Securities, Commodities and Brokerage		5.5
Short-Term Investments		5.9
Other Assets and Liabilities		(5.4	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Brazil		2.8	%
Canada		17.2
China		2.5
France		7.8
Germany		5.7
Italy		4.4
Malaysia		0.5
Netherlands		6.5
Norway		4.4
Singapore		3.6
Switzerland		8.4
United Kingdom		7.6
United States		28.1
Short-Term Investments		5.9
Other Assets and Liabilities		(5.4	)
Total		100.0	%

20

Hartford Global Growth HLS Fund inception 9/30/1998
(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 9/30/98 - 6/30/08
Growth of $10,000 investment

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.

Investment goal — Seeks growth of capital.

Average Annual Returns(2) (as of 6/30/08)

     

	1 Year			5 Year			Since Inception
Global Growth IA		-2.36	%		12.36	%		9.94	%
Global Growth IB		-2.60	%		12.08	%		9.70	%
MSCI World Growth Index		-2.75	%		12.24	%		4.61	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers
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 IA shares of the Hartford Global Growth HLS Fund returned -13.90% for the six-month period ended June 30, 2008, underperforming its benchmark, the MSCI World Growth Index, which returned -6.83% for the same period. The Fund also underperformed the -13.03% return of the average fund in the Lipper Global Growth VP-UF 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 fell during the first half of 2008. Markets were volatile during the period as investors remained concerned about higher energy and agricultural commodity prices and the potential impact of a U.S.-led economic recession on global economic growth. Global equity markets were granted a brief reprieve on better-than-expected first quarter earnings and economic growth reports as well as increasing optimism that the worst of the turmoil in the Financials sector had passed. However, renewed credit market concerns and rising inflationary expectations reignited fears of a global slowdown, pressuring stocks in the latter part of the period. The MSCI World Growth Index (-6.83%) outperformed the MSCI World Value Index (-13.72%). Within the MSCI World Growth Index, sector returns were negative for all but Energy and Materials. Financials, Consumer Discretionary, and Telecommunication Services fell the most during the period.

The Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the MSCI World Growth Index during the period was primarily a result of security selection. Positive stock selection in Materials and Telecommunication Services was more than offset by weaker stock selection in the Financials, Consumer Discretionary, and Information Technology sectors. Sector allocation, which is a fall-out of bottom-up (i.e. stock by stock fundamental research) security selection, also detracted from relative performance. The Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) to lagging Financials, Information Technology and Telecommunication Services hurt benchmark-relative returns.

The top detractors from the Fund’s relative and absolute (i.e. total return) performance were MF Global (Financials), Suntech Power Holdings (Industrials), and Las Vegas Sands (Consumer Discretionary). Shares of MF Global fell sharply after a rogue trader within the Bermuda-based independent derivatives brokerage firm caused significant losses by trading unauthorized wheat futures contracts. Shares of China-based solar energy company Suntech Power retreated after management released disappointing results and production guidance, citing pressures from tight silicon markets and high silicon prices. Shares of Las Vegas Sands, a developer and operator of hotel, gaming, and resort businesses, fell due to disappointing earnings. Internet search and ad firm Google also detracted from absolute performance results. The company experienced a decline in its stock

21

price after reporting weaker-than-expected earnings and slowing growth in paid ad clicks.

Elan (Health Care), Potash (Materials), and Seadrill (Materials) were the leading contributors to benchmark-relative performance. Shares of neuroscience-based biotechnology company Elan moved higher after the company announced positive data related to its Alzheimer’s drug Bapineuzumab. Canadian-based fertilizer and feed products company Potash reported better-than-expected first quarter earnings and raised its guidance for all of 2008, sending its shares higher. Shares of Norwegian deepwater drilling company Seadrill moved higher after the company posted better-than-expected operating profits and stated that day-rates for rigs were expected to continue to move higher due to strong demand. Oil and gas company Ultra Petroleum also contributed to the Fund’s absolute returns as its shares skyrocketed after the company reported better than expected profits driven by increased commodity prices and higher production.

What is the outlook?

Portfolio construction is a bottom-up process based on intensive company research. Allocations among sectors are the result of individual stock decisions. At period-end, we found attractive opportunities in the Telecommunications Services sector, with top positions in wireless infrastructure company American Tower and wireless service provider MetroPCS Communications. Based on our stock-by-stock investment process, we ended the period with greater-than-benchmark weights in Telecommunication Services, Information Technology, and Industrials stocks. The Fund held less-than-benchmark weights in Consumer Discretionary, Consumer Staples, and Utilities names. Our largest absolute exposure was in the Information Technology sector, driven by positions in gaming companies Electronic Arts and Nintendo.

Diversification by Industry
as of June 30, 2008

     

	Percentage of
Industry	Net Assets
Basic Materials		11.8	%
Capital Goods		6.0
Consumer Cyclical		4.8
Consumer Staples		6.0
Energy		10.6
Finance		7.7
Health Care		12.1
Services		2.4
Technology		30.0
Transportation		3.0
Utilities		3.2
Short-Term Investments		13.0
Other Assets and Liabilities		(10.6	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

     

	Percentage of
Country	Net Assets
Australia		1.4	%
Brazil		1.3
Canada		5.9
China		0.7
Denmark		3.4
France		2.9
Germany		2.8
Greece		0.9
Ireland		3.3
Israel		1.5
Japan		4.2
Luxembourg		1.4
Mexico		1.0
Netherlands		2.2
Norway		2.0
Spain		4.6
Switzerland		4.5
Taiwan		1.1
United Kingdom		7.7
United States		44.8
Short-Term Investments		13.0
Other Assets and Liabilities		(10.6	)
Total		100.0	%

22

Hartford Global Health HLS Fund inception 5/1/2000

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 5/01/00 - 6/30/08
Growth of $10,000 investment

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

S&P North American Health Care Sector Index is a modified capitalization-weighted index based on United States headquartered health care companies. Stocks in the index are weighted such that each stock is no more than 7.5% of the market capitalization as of the most recent reconstitution date. The companies included in the index must be common stocks and be traded on the American Stock Exchange, NASDAQ or the New York Stock Exchange and meet certain established market capitalization levels.

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

     

	1 Year			5 Year			Since Inception
Global Health IA		-6.76	%		9.02	%		10.58	%
Global Health IB		-7.00	%		8.75	%		10.32	%
S&P 500 Index		-13.11	%		7.58	%		0.16	%*
S&P North American Health Care Sector Index		-10.90	%		4.89	%		3.48	%*

* Return is from 4/30/00

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)

Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.

(2)

Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers. The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford Global Health HLS Fund returned -8.51% for the six-month period ended June 30, 2008, outperforming its benchmark, the S&P NA HealthCare Sector Index, which returned -12.32% for the same period. The Fund also outperformed the -9.17% 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?

It has been a tough environment for investors across the board over the last six months, and health care has certainly not been spared. Global equity markets fell during the period as investors shed risk in response to disruptions in the credit markets, rising agricultural and energy prices and slowing economic growth. Health care volatility has increased over concerns about the potential implications of the upcoming U.S. elections. Health Care stocks, as measured by the S&P NA HealthCare

Sector Index, fell sharply during the period. Within the index, Biotechnology was the only industry to post positive returns, while Health Care Providers & Services and Pharmaceuticals stocks lagged. Health Care stocks trailed the broader U.S. market, which returned - -11.91%, as measured by the S&P 500 Index, and the world market return of -10.25%, as measured by the MSCI World Index.

The Fund outperformed its benchmark due to stock selection. Security selection was particularly strong in Pharmaceuticals and Health Care Providers & Services stocks. Elan, Merck, and Millennium Pharmaceuticals were the top contributors to relative (i.e. performance of the Fund as measured against the benchmark) performance during the period. Elan rose after it reported better than expexted revenues from sales of its multiple sclerosis drug TYSABRI. Not owning pharmaceutical firm Merck, whose shares fell significantly after bad news about its cholesterol drug VYTORIN, helped relative performance. Shares of U.S.-based biotech company Millennium

23

Pharmaceuticals rose on news of a proposed acquisition of the company by Japan’s biggest drugmaker Takeda Pharmaceutical. Among other top contributors to performance was biopharmaceutical company Gilead Sciences. Its shares advanced after the company reported better than expected earnings estimates.

Human Genome Sciences, Amgen and Wyeth were among leading detractors from performance on a relative basis. Shares of biotechnology company Human Genome Sciences fell on safety concerns of higher dosing levels of its hepatitis C drug, Albuferon, which is in late-stage trials. Our underweight (i.e. the Fund’s sector position was less than the benchmark position) to biotechnology firm Amgen also detracted from relative returns. The company’s shares rose on positive news of the FDA’s support for wider use of the firm’s drug Enbrel, to include treatment of psoriasis in children. The Fund’s underweight position in major pharmaceuticals firm Wyeth also detracted from returns. Shares rose after the company released positive Phase 2 data for a promising alzheimer’s disease drug in development with Elan. The Fund was also hurt from not owning New-Jersey based health products maker Johnson & Johnson. The company reported strong profits driven by dollar weakness driving up foreign revenues. Health services firm UnitedHealth Group was a top detractor from absolute (i.e. total return) performance.

What is the outlook?

At the end of the period, the Fund remained overweight (i.e. the Fund’s sector position was greater than the benchmark position) the Biotechnology sub-sector and underweight the Pharmaceutical sub-sector. We may now be entering a period where strong performance is not as concentrated. but more broadly diverse. Challenges in the remainder of 2008 will include high-profile patent expirations, U.S. presidential election year rhetoric, cost containment across the U.S., Europe and Japan, and a conservative FDA.

*Joseph H. Schwartz, CFA withdrew as a partner of Wellington Management Company effective June 30, 2008. Plans for Mr. Schwartz’s retirement had been made well in advance. Other members of the existing portfolio management team have taken over Mr. Schwartz’s responsibilities.

Diversification by Industry
as of June 30, 2008

     

	Percentage of
Industry	Net Assets
Drugs & Druggists Sundries Wholesalers		3.7	%
Electromedical Manufacturing		7.6
General Medical and Surgical Hospitals		1.9
Health and Personal Care Stores		2.7
Individual and Family Services		0.2
Insurance Carriers		4.5
Medical and Diagnostic Laboratories		1.0
Medical Equipment & Supplies Manufacturing		9.1
Outpatient Care Centers		2.4
Pharmaceutical & Medicine Manufacturing		58.1
Professional Services — Computer System Design and Related		0.5
Scientific Research & Development Services		7.8
Short-Term Investments		8.4
Other Assets and Liabilities		(7.9	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

     

	Percentage of
Country	Net Assets
Belgium		2.2	%
Brazil		0.5
China		0.3
Denmark		0.6
France		3.0
Germany		1.4
Ireland		4.1
Israel		1.6
Italy		1.0
Japan		11.0
Spain		0.7
Switzerland		1.2
United Kingdom		1.9
United States		70.0
Short-Term Investments		8.4
Other Assets and Liabilities		(7.9	)
Total		100.0	%

24

Hartford Global Technology HLS Fund inception 5/01/2000

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 5/01/00 - 6/30/08

Growth of $10,000 investment

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

S&P North American Technology Sector Index is a modified capitalization-weighted index based on United States-headquartered technology companies. Stocks in the Index are weighted such that each stock is no more than 8.5% of the market capitalization as of the most recent reconstitution date. The companies included in the index must be common stocks and traded on the American Stock Exchange, NASDAQ or the New York Stock Exchange and meet certain established market capitalization levels.

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

     

	1 Year			5 Year			Since Inception
Global Technology IA		-8.82	%		10.16	%		-5.89	%
Global Technology IB		-9.05	%		9.89	%		-6.10	%
S&P 500 Index		-13.11	%		7.58	%		0.16	%*
S&P North American Technology Sector Index		-6.95	%		8.27	%		-9.20	%*
* Return is from 4/30/00

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford Global Technology HLS Fund returned -10.28% for the six-month period ended June 30, 2008, outperforming its benchmark, the S&P NA Technology Sector Index, which returned -12.16% for the same period. The Fund also outperformed the - -14.13% 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?

Global equity markets fell during the first half of 2008. Markets were volatile during the period as investors remained concerned about higher energy and agricultural commodity prices and the potential impact of a U.S.-led economic recession on global economic growth. Global equity markets moved higher in the first half of the second quarter on better-than-expected earnings and economic growth reports as well as increasing optimism that the worst of the turmoil in the Financials sector had passed. However, renewed credit market concerns and rising inflationary expectations reignited fears of a global slowdown, pressuring stocks in the latter part of the period. Technology stocks underperformed the broader U.S. market, which returned -11.91% during the period, as measured by the S&P 500 Index, and the world market return of - -10.25%, as measured by the MSCI World Index. Within the S&P North American Technology Sector Index, Internet and Catalog Retail, Internet Software & Service, and Semiconductors & Semiconductor Equipment lagged while Electronic Equipment and Instruments and IT Services names performed the best.

During the period the Fund benefited from strong security selection in the Semiconductors & Semiconductor Equipment and the Communications Equipment industries. However, this was somewhat offset by weaker stock selection in the Software, Electronic Equipment & Instruments, and Internet Software & Services industries.

Qualcomm Inc, ON Semiconductor, and Marvell Technology were among the 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. Qualcomm, a leader in advanced

25

wireless semiconductors, benefited from strong demand for 3G handsets and is gaining market share in 3G chip market Code Division Multiple Access (CDMA) and Wideband Code Division Multiple Access (W-CDMA) wireless technologies. Shares of ON Semiconductor, a U.S.-based chip maker, rose after the company reported better than expected profits and forecasted revenues above Wall Street expectations. Marvell, a global semiconductor provider focused on broadband communication technologies reported very strong numbers due to results in storage and Ethernet. Research In Motion was among other top names contributing to absolute returns. The Canadian-based wireless telecommunications manufacturer and service provider benefited from strong demand for Smartphones and solid sales of the company’s Blackberry device.

Electronic Arts and Google were among the top detractors from relative and absolute performance during the period. Shares of interactive entertainment software company Electronic Arts fell after the company reported an annual profit outlook that fell short of profit expectations. Google’s stock price declined due to concerns about the company’s future search advertising revenue. In addition, our underweight (i.e. the Fund’s sector position was less than the benchmark position) in IBM hurt benchmark relative returns. Shares in the company, whose business spans computer hardware, software, semiconductors and IT services, outperformed the S&P North American Technology Sector Index during the period. Microsoft and Intel were among other top names that detracted from absolute returns during the period. Microsoft’s shares fell after the company announced plans to acquire Yahoo.

What is the outlook?

Economic activity is expected to deteriorate globally this year. The Technology sector is not immune to those economic challenges and could soften for a year or two but we remain optimistic about the future for Technology stocks overall. We prefer names with a diversified geographic base of customers, a diverse product line and those entering new product cycles.

At the end of the period, the Fund was most overweight (i.e. the Fund’s sector position was greater than the benchmark position) Semiconductors & Semiconductor names and most underweight Computers & Peripherals names relative to the S&P NA Technology Sector Index.

At a meeting held on February 6, 2008, the Board of Directors of Hartford Series Fund, Inc. unanimously approved on behalf of Global Communications HLS Fund, Global Financial Services HLS Fund and Global Technology HLS Fund (each, an “Acquired Fund”) and Global Equity HLS Fund (the “Acquiring Fund”), the reorganization of Global Communications HLS Fund with and into the Acquiring Fund, the reorganization of Global Financial Services HLS Fund with and into the Acquiring Fund and the reorganization of the Global Technology HLS Fund with and into the Acquiring Fund. The Board of Directors has called for a Special Meeting of Shareholders of each Acquired Fund to be held on or about August 12, 2008, for the purpose of seeking the approval of each reorganization.

Diversification by Industry
as of June 30, 2008

     

	Percentage of
Industry	Net Assets
Activities Related to Credit Banking		5.9	%
Colleges, Universities and Prof Schools		0.7
Communications Equipment Manufacturing		8.5
Computer and Peripheral		11.8
Electrical and Electronic Merchandise Wholesalers		1.9
Electrical Equipment Manufacturing — Component Other		2.0
Electrical Goods		2.0
Employment Services		1.4
Industrial Machinery Manufacturing		1.1
Industrial Machinery, Equipment Rental & Leasing		4.7
Internet Providers & Web Search Portal		5.1
Management, Scientific, Technical Consulting Service		2.0
Other Telecommunications		3.0
Professional Services — Computer System Design and Related		4.6
Semiconductor, Electronic Component Manufacturing		23.6
Software Publishers		20.2
Short-Term Investments		12.2
Other Assets and Liabilities		(10.7	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Canada		3.6	%
China		0.1
Germany		1.4
Hong Kong		0.9
Netherlands		1.9
South Korea		1.9
Switzerland		1.1
Taiwan		4.0
United States		83.6
Short-Term Investments		12.2
Other Assets and Liabilities		(10.7	)
Total		100.0	%

26

Hartford Growth HLS Fund inception 4/30/2002

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 4/30/02 - 6/30/08
Growth of $10,000 investment

Russell 1000 Growth Index is an unmanaged index which measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values. (The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
Growth IA		-0.65	%		8.85	%		7.06	%
Growth IB		-0.90	%		8.59	%		6.79	%
Russell 1000 Growth Index		-5.96	%		7.33	%		4.32	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford Growth HLS Fund returned -7.88% for the six-month period ended June 30, 2008 outperforming its benchmark, the Russell 1000 Growth Index, which returned -9.06% for the same period. The Fund also outperformed the -10.06% 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?

Equity markets continued to deteriorate over the past six-months as investors shed risk amid turmoil in the bond and housing markets. Investors also remained concerned about higher energy and agricultural commodity prices, rising inflation, and the potential impact of a U.S.-led economic recession on global economic growth. The market’s decline was broad-based as growth and value, as well as large- and small-cap stocks, succumbed to the negative headwinds. Growth stocks led their value peers, as the Russell 1000 Growth Index’s -9.1% return was ahead of the -13.6% return of the Russell 1000 Value Index. Large-cap stocks, as measured by the Russell 1000 Index, trailed small-cap stocks, represented by the Russell 2000 Index, -11.2% to -9.4%. Only two of the ten sectors in the Russell 1000 Growth Index had positive returns: Energy stocks rose 16% and Materials stocks gained 6%. Financials (-23%), Consumer Discretionary (-15%), and Health Care (-13%) were the biggest laggards.

The Fund’s outperformance versus its benchmark was driven by both stock selection and sector positioning, which is a fallout of our bottom-up (i.e. stock by stock fundamental research) stock selection process. Security selection was strongest in Materials and Energy, offset by weaker results in Consumer Discretionary, Financials, and Health Care. In addition, relative (i.e. performance of the Fund as measured against the benchmark) returns benefited from our above-benchmark weight in Materials and Energy. Top contributors to relative and absolute (i.e. total return) returns included U.S. Steel (Materials), CONSOL Energy, Agrium (Materials), and Potash (Materials). Steel maker U.S. Steel, with operations in the U.S., Canada, and Central Europe, is benefiting from rising global demand, pushing prices and margins higher. Coal, gas, and services company CONSOL Energy saw its shares rise on continued high global demand for energy. Canadian agricultural products firms Agrium and Potash saw their shares gain on solid earnings reports as record world grain prices continue to spur demand for crop nutrients, seed, and chemicals.

MF Global (Financials), Suntech Power (Industrials), Focus Media (Consumer Discretionary), and Google (Information Technology) were among the top detractors from relative and absolute performance during the period. Shares of Bermuda-based independent derivatives broker MF Global fell sharply after a rogue trader within the firm caused significant losses by trading unauthorized wheat futures contracts. We eliminated the position. China-based solar energy company Suntech

27

Power lowered its first quarter and full-year revenue guidance below consensus estimates due to higher silicon costs and a negative weather impact, putting negative pressure on its share price. We eliminated the position as silicon supply has become tighter than expected. Shares of Chinese digital advertising and media company Focus Media trended lower due to concerns about management changes, accounting issues, and mobile spamming. Internet search firm Google announced disappointing earnings, driven by higher operating expenses and concerns of slowing growth in ad sales, pushing its shares lower.

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 selection, our largest exposures relative to the benchmark at the end of the period were in the Materials, Industrials, and Energy sectors. We remain underweight (i.e. the Fund’s sector position was less than the benchmark position) consumer stocks broadly as we believe fundamentals are likely to be impacted by a slowing economy and reduced consumer spending. At the end of the period we were most underweight the Consumer Staples, Utilities, and Consumer Discretionary sectors relative to the Russell 1000 Growth Index

Diversification by Industry
as of June 30, 2008

     

	Percentage of
Industry	Net Assets
Basic Materials		17.8	%
Capital Goods		8.2
Consumer Cyclical		7.6
Consumer Staples		1.0
Energy		11.3
Finance		5.4
Health Care		12.0
Services		5.3
Technology		27.1
Transportation		1.2
Short-Term Investments		7.0
Other Assets and Liabilities		(3.9	)
Total		100.0	%

28

Hartford Growth Opportunities HLS Fund inception 3/24/1987

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

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. . (The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

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

Investment goal — Seeks capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Growth Opportunities IA		-1.02	%		15.87	%		8.88	%
Growth Opportunities IB		-1.27	%		15.58	%		8.61	%
Russell 1000 Growth Index		-5.96	%		7.32	%		0.96	%
Russell 3000 Growth Index		-6.38	%		7.56	%		1.08	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on May 1, 2002. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers

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

How did the Fund perform?

The Class IA shares of the Hartford Growth Opportunities HLS Fund returned -11.13% for the six-month period ended June 30, 2008, versus the returns of -9.05% for the Russell 3000 Growth Index and -9.06% for the Russell 1000 Growth Index. The Fund outperformed the -11.94% return of the average fund in the Lipper Multi-Cap Growth VP-UF 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 were down for the six-month period ended June 30, 2008 due to global inflation concerns and continued turmoil in the U.S. housing and credit markets. Large-cap stocks trailed small-cap and mid-cap stocks, when measured using the S&P 500 Index (-12%), Russell 2000 Index (-9%), and S&P 400 Index (-4%), respectively. Within the Russell 3000 Growth Index, only two sectors posted positive returns for the period. The Energy (+18%) and Materials (+4%) sectors were the strongest performers while the Financials (-22%), Consumer
Discretionary (-15%) and Health Care (-13%) sectors were the weakest.

The Fund underperformed due to weak security selection, particularly in the Consumer Discretionary, Health Care and Industrials sectors. Sector weight positioning, the result of bottom-up (i.e. stock by stock fundamental research) stock selection decisions, had a positive impact on benchmark-relative (i.e. performance of the Fund as measured against the benchmark) performance because of overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in Energy and Materials, which outperformed on a relative basis.

The top detractors from benchmark-relative returns were Suntech Power (Industrials), Focus Media (Consumer Discretionary), and Wellpoint (Health Care). Shares in Suntech Power, a China-based solar energy company, retreated after management released disappointing results and

29

production guidance, citing pressures from tight silicon markets. We eliminated the position. Shares of China-based digital advertising company Focus Media trended lower due to concerns about management changes, accounting practices, and mobile spamming. Wellpoint is a managed healthcare insurance provider. Management reduced 2008 guidance citing an underestimation of medical cost trends. In addition, Internet search giant Google detracted from absolute (i.e. total return) performance as disappointing earnings news, driven by higher operating expenses and concerns of slowing growth in ad sales, sent shares lower.

Stock selection within the Materials and Energy sectors added to relative performance. Arch Coal (Energy), Chesapeake Energy (Energy), EOG Resources (Energy), and U.S. Steel (Materials) were top contributors to relative and absolute performance. Coal producer Arch Coal saw significant end price increases due to extremely tight global coal markets brought on by strong developing world demand and supply shortages in China and Australia. Chesapeake Energy is an independent natural gas production company. During the period management raised production forecasts for 2008 and 2009, citing higher recovery expectations and increased drilling activity levels. The company is asset rich with a low-cost structure positioning the company for a high energy price environment. Shares in EOG Resources, an oil and natural gas exploration company, rose after management announced a large natural gas discovery in British Columbia and raised production forecasts for existing fields in Texas and Colorado. The company also benefited from higher energy prices. U.S. Steel benefited from rising global steel demand, pushing prices and margins higher.

What is your outlook?

We expect economic growth to continue to slow in the second half of 2008 as consumers face headwinds of expensive energy bills and higher credit card payments. Despite the recent actions of the Federal Reserve, we expect that modest core inflation gains and a slowing economy will soon move the Federal Reserve to make some difficult decisions. Currently, the Fund’s largest exposure is in Information Technology, followed by Industrials and Health Care. This is consistent with the overall view that there are ample opportunities across a number of different sectors regardless of the economic outlook. The Fund’s lowest weights are in the Consumer Staples, Financials, and Telecommunication Services sectors, with no exposure to Utilities.

Diversification by Industry

as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		19.1	%
Capital Goods		7.7
Consumer Cyclical		8.3
Consumer Staples		2.9
Energy		8.4
Finance		5.6
Health Care		15.2
Services		6.6
Technology		21.0
Transportation		0.8
Utilities		1.0
Short-Term Investments		12.1
Other Assets and Liabilities		(8.7	)
Total		100.0	%

30

Hartford High Yield HLS Fund inception 9/30/1998

(subadvised by Hartford Investment Management Company)

Performance Overview(1) 9/30/98 - 6/30/08
Growth of $10,000 investment

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 Securities and Exchange Commission.

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

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
High Yield IA		-2.71	%		5.59	%		4.84	%
High Yield IB		-2.95	%		5.32	%		4.60	%
Lehman Brothers High Yield Corporate Index		-2.26	%		6.92	%		5.54	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower .

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 IA Shares of the Hartford High Yield HLS Fund returned -2.09% for the six-month period ended June 30, 2008, underperforming its benchmark, the Lehman Brothers High Yield Corporate Index, which returned -1.31%, and the Lipper High Current Yield VP-UF Funds category, a group of funds with investment strategies similar to those of the Fund, which returned -1.51%.

Why did the Fund perform this way?

The Fund trailed its benchmark for the overall reporting period primarily due to security selection decisions. Security selection within the Technology sector detracted from relative (i.e. performance of the Fund as measured against the benchmark) performance, as the Fund’s position in a bank loan from software company Infor Global (an out-of-benchmark holding) declined sharply. The company’s most recent quarterly results came in weaker than expected and led to a delay in the company’s anticipated initial public offering of equity shares. In addition, the Fund’s position in drug store chain Rite Aid was adversely affected by concerns about the execution of a refinancing package that was ultimately consummated at the very beginning of the third quarter. However, the negative impact of security selection in these sectors was partially offset by strong security selection within the Media and Finance sectors.

Sector allocation decisions contributed positively to performance for the period. Specifically, an overweight (i.e. the Fund’s sector position was greater than the benchmark position) allocation to the Cable Television sector enhanced returns. The sector was a solid performer during this period of economic turmoil as investors were attracted to its stable cash flow and decreased customer churn in a period of reduced housing turnover, which enhanced profit margins.

What is your outlook?

The consensus appears to be that while economic growth will remain below the long-term trend, the economy will avoid recession and strengthen in late 2008 and 2009. We believe, however, that growth for the remainder of the year will be erratic and possibly fall into negative territory in the third and fourth quarters as the severity and extent of the credit crunch is still unknown and may worsen. Although the investment-grade corporate bond market has improved, we see little evidence that credit is more available generally or is priced any more favorably than it was at the end of the first quarter. When coupled with the oppressive effect of high energy prices and slow growth abroad, it seems unlikely the U.S. economy will follow the consensus path. We also believe inflation will remain a concern at least in the near term. As such, we expect the Federal Reserve to hold rates steady over the next few months.

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Corporate credit defaults are clearly heading upward, as some of the more aggressively underwritten deals that were originated in 2005 through early 2007 are beginning to experience difficulties as the economy cools. In addition, the high yield market is absorbing a rising percentage of “fallen angels”, or former investment grade bonds that have migrated down to the speculative grade ranks, which have a higher tendency to default. At this point, the trailing twelve-month default rate as measured by Moody’s Investor Services is running at 2%, well below the long-term average of roughly 4.5%. The high yield market is currently pricing a default rate of over 12%. We are expecting that defaults will most likely be broader-based but not as severe as the last downturn. An important determinant of the extent of this current wave of defaults will likely be a function of corporate liquidity and cash flows. The Financial sector, along with Consumer Discretionary sectors, has felt the most pain so far in this cycle. But there is now clear evidence that the weakness is beginning to spread to the Transportation sectors, as well as other sectors that are heavily dependent on energy as an input to their cost structures. The second quarter’s earnings season will shed some important light on how severe this is likely to be. In this type of environment, there will certainly be some additional volatility in the price performance of high-yield bonds, but also pockets of opportunity.

Distribution by Credit Quality
as of June 30, 2008

	Percentage of
	Long-Term
Rating	Holdings
AAA		0.4
BBB		0.4
BB		23.4
B		54.0
CCC		20.9
NR		0.9
Total		100.0	%

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		7.2	%
Capital Goods		1.6
Consumer Cyclical		14.0
Consumer Staples		1.6
Energy		6.3
Finance		9.8
Health Care		7.5
Services		16.3
Technology		19.1
Transportation		1.8
Utilities		7.3
Short-Term Investments		16.1
Other Assets and Liabilities		(8.6	)
Total		100.0	%

32

Hartford Index HLS Fund inception 5/1/1987

(subadvised by Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

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 chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Investment goal — Seeks to provide investment results which approximate the price and yield performance of publicly traded common stocks in the aggregate.

Average Annual Returns(2,3) (as of 6/30/08)

	1 Year			5 Year			10 Year
Index IA		-13.32	%		7.21	%		2.47	%
Index IB		-13.54	%		6.94	%		2.24	%
S&P 500 Index		-13.11	%		7.58	%		2.88	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on November 9, 1999. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.
(3)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

Portfolio Manager

Deane Gyllenhaal
Vice President

How did the Fund perform?

The Class IA shares of the Hartford Index HLS Fund returned -12.03% for the six-month period ended June 30, 2008, underperforming its benchmark, the S&P 500 Index, which returned -11.91%, and outperforming the Lipper S&P 500 Index Objective Funds category, a group of funds with investment strategies similar to those of the Fund, which returned -12.07%.

Why did the Fund perform this way?

By design, the Fund is managed to mimic the performance of the S&P 500 Index. The performance of the Fund marginally differed with that of the benchmark for the six-month period due to changes in the index constituents, futures contract trading, and minimal cash exposure.

All but two sectors within the S&P 500 Index had negative returns for the six-month period under review. The major detracting sectors within the Index were Financials (-29.6%) and Telecommunications Services (-17.3%). The two sectors that realized positive returns for the period were Energy (+ 8.9%) and Materials (+ 1.2%).

On an individual stock basis, the two best performing stocks in the Index were Big Lots, the discount retailer which returned 95.3% during the period, and Nabors Industries, an industrial driller that returned 79.7%. A significant portion of the major detractors were within the Finance sector. Notably, specialty insurance providers MBIA Inc. and MGIC Investment dropped 76.4% and 72.6%, respectively, through June. Additionally, Bear Stearns, once the country’s fifth largest investment bank, declined dramatically as the firm was taken over by rival JPMorgan Chase in March. Bear Stearns’ stock value dropped by 89.2% from the end of 2007 until the time of its acquisition, and was deleted from the S&P 500 Index prior to the end of the second quarter.

What is your outlook?

The consensus appears to be that while economic growth will remain below the long-term trend, the economy will avoid recession and strengthen in late 2008 and 2009. We believe, however, that growth for the remainder of the year will be erratic and possibly fall into negative territory in the third and fourth quarters as the severity and extent of the credit crunch is still unknown and may worsen. Although the investment-grade corporate bond market has improved, we see little evidence that credit is more available generally or is priced any more favorably than it was at the end of the first quarter. When coupled with the oppressive effect of high energy prices and slow growth abroad, it seems unlikely the U.S. economy will follow the consensus path. We also believe inflation will remain a concern, at least in the near term. As such, we expect the Federal Reserve to hold rates steady over the next few months.

The U.S. stock market could continue to be volatile as investors watch levels of unemployment, the value of the U.S. dollar, rising oil prices, the declining housing market, and potential changes in interest rates. The Fund will continue to be fully invested in the S&P 500 Index.

33

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		4.0	%
Capital Goods		4.9
Consumer Cyclical		7.4
Consumer Staples		7.4
Energy		14.8
Finance		14.9
Health Care		11.9
Services		5.6
Technology		22.7
Transportation		1.7
Utilities		4.0
Short-Term Investments		3.6
Other Assets and Liabilities		(2.9	)
Total		100.0	%

34

Hartford International Growth HLS Fund inception 4/30/2001

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 4/30/01 - 6/30/08
Growth of $10,000 investment

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.

Investment goal — Seeks capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
International Growth IA		-9.12	%		15.76	%		8.39	%
International Growth IB		-9.34	%		15.47	%		8.13	%
MSCI EAFE Growth Index		-4.07	%		16.64	%		7.26	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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 IA shares of the Hartford International Growth HLS Fund returned -18.58% for the six-month period ended June 30, 2008, underperforming its benchmark, the MSCI EAFE Growth Index, which returned -7.84% for the same period. The Fund also underperformed the -11.15% return of the average fund in the Lipper International Growth VP-UF Multi-Cap Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Non-U.S. equity markets fell during the period amid ongoing turmoil in global credit markets and a weakening outlook for corporate earnings growth. The MSCI EAFE Growth Index -7.84% outperformed the MSCI EAFE Value Index -13.32%. Within the MSCI EAFE Growth Index, sector returns were negative for all but Energy and Materials. Financials, Consumer Discretionary, and Telecommunication Services fell the most during the period.

The Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the MSCI EAFE Growth Index was primarily a result of security selection. Positive stock selection in Materials was not enough to offset weaker stock selection in the Consumer Discretionary, Information Technology, and Consumer Staples sectors. Sector positioning, a fall-out of bottom-up (i.e. stock by stock fundamental research) stock selection, also detracted from relative results during the period primarily due to the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) to the strong performing Materials sector.

Arcandor and Carphone Warehouse (both Consumer Discretionary) and easyJet (Industrials) were the leading relative detractors owned by the Fund. Shares of Arcandor, Germany’s largest department store chain, moved lower amid poor domestic consumer sentiment. Shares of Carphone Warehouse, the UK’s largest mobile phone retailer and broadband provider, fell sharply after the company reported a new venture with Best Buy and a weaker-than-expected outlook. European discount airline easyJet saw its shares decline amid soaring fuel prices and stagnating demand. Among other detractors from absolute (i.e. total return) returns was our position in wireless device manufacturer Nokia which was hurt as growth in global handset sales began to slow.

Top contributors to the Fund’s relative and absolute performance were K&S AG and Potash (both Materials), and Vestas Wind Systems (Industrials). Shares of K&S, a Germany-based chemical company and the European leader in potash products, and Potash, a Canadian-based fertilizer and feed products company, moved higher after reporting better-than-expected quarterly earnings and issuing optimistic earnings guidance for 2008. Both are benefiting from the global boom in agricultural products. Alternative energy firm Vestas Wind Systems’ share price benefited as rising energy prices continue to increase demand for renewable energy sources. Neuroscience-based biotechnology company Elan also contributed to relative returns as its shares moved higher after the company announced positive data related to its Alzheimer’s drug Bapineuzumab.

35

What is the outlook?

We select stocks individually based on their merits. At period-end, we found attractive opportunities in the Information Technology sector, with top positions in gaming company Electronic Arts and mobile communications device maker Research In Motion. Based on these stock-by-stock decisions, we ended the period with above benchmark weights in Information Technology, Financials, and Industrials stocks. The Fund held less-than-benchmark weights in Consumer Staples, Utilities, and Materials names. Our largest absolute exposure was in the Financials sector, with our largest positions in asset management company Man Group and global bank UBS.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		12.6	%
Capital Goods		9.0
Consumer Cyclical		7.1
Consumer Staples		8.8
Energy		2.4
Finance		16.0
Health Care		8.9
Services		2.5
Technology		16.7
Transportation		4.7
Utilities		3.2
Short-Term Investments		16.6
Other Assets and Liabilities		(8.5	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		2.0	%
Belgium		1.5
Brazil		0.8
Canada		6.8
China		2.3
Denmark		5.8
Egypt		1.4
Finland		1.5
France		7.0
Germany		12.4
Ireland		4.4
Israel		1.2
Japan		7.4
Luxembourg		0.4
Netherlands		1.9
Norway		2.9
Russia		1.2
Spain		2.5
Switzerland		8.3
Taiwan		1.3
United Kingdom		18.9
Short-Term Investments		16.6
Other Assets and Liabilities		(8.5	)
Total		100.0	%

36

Hartford International Opportunities HLS Fund inception 7/2/1990

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

MSCI AC (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 United States. The index is calculated to exclude companies and share classes which cannot be freely purchased by foreigners.

You cannot invest directly in an index.

Investment goal — Seeks long-term growth of capital.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
International Opportunities IA		1.78	%		18.88	%		6.63	%
International Opportunities IB		1.53	%		18.59	%		6.39	%
MSCI AC (All Country) World Free ex U.S. Index		-6.20	%		19.42	%		7.73	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

Nicolas M. Choumenkovitch
Senior Vice President and Partner

How did the Fund perform?

The Class IA shares of the Hartford International Opportunities HLS Fund returned -11.28% for the six-month period ended June 30, 2008, underperforming its benchmark, the MSCI All Country World ex U.S. Index, which returned -9.84% for the same period. The Fund also underperformed the -10.66% return of the average fund in the Lipper International Core VP-UF Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Non-U.S. equity markets fell during the period amid ongoing turmoil in global credit markets and a weakening outlook for corporate earnings growth. Within this environment, every sector in the MSCI All Country World ex U.S. Index but Materials (+7%) and Energy (+6%) fell, led by Financials (-20%), Consumer Discretionary (-17%), and Telecommunications (-16%). From a regional perspective, Emerging Markets (-17%), Europe (-12%), and Asia (-11%) declined while Latin America (+10%) and North America (+5%) performed well.

The Fund’s underperformance was primarily due to weak security selection. Selection in the Materials sector was not enough to offset weaker selection in Industrials, Consumer Staples, and Information Technology. Sector allocation, a result of bottom-up (i.e. stock by stock fundamental research) stock selection, was slightly additive due to our underweight (i.e. the Fund’s sector position was less than the benchmark position) position in Financials and Consumer Staples and our overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Health Care.

Top detractors from relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) performance included Japan Tobacco (Consumer Staples), Nokia (Information Technology), and Deutsche Boerse (Financials). Shares of Japan Tobacco fell on concerns of slowing cigarette sales in Japan and a potential excise tax increase. Nokia, the world’s largest mobile phone maker, had been a strong performer coming into 2008. However, the company’s most recent earnings release disappointed investors, leading to a downdraft in the stock price. Deutsche Boerse is a German-based international financial marketplace operator. Shares fell due to a drop in the number of trades executed, increased competition, and continued uncertainty about the health of the global financial markets.

Top contributors to relative and absolute performance during the period included Xstrata (Materials), Canadian Natural Resources (Energy), and Elan (Health Care). Xstrata is a diversified mining company focusing on copper, coal, and nickel. News early in the year that Vale (also known as Companhia Vale do Rio Doce), the world’s largest iron ore producer, was in takeover discussions with Xstrata helped move shares

37

higher. Although the Vale deal ultimately fell apart, Xstrata continued to benefit from tight coal markets and high commodity prices. Canadian Natural Resources is a Calgary-based oil and gas exploration and production company. The company reported better-than-expected financial results, underpinned by very strong price realizations for both crude oil and natural gas. Elan is a neuroscience-based biotechnology company. The company’s shares moved higher after the company announced positive data related to its Alzheimer’s drug, Bapineuzumab.

What is the outlook?

Despite strong action from the U.S. Federal Reserve during the period, we expect a continued slowdown in the growth rate of world economies. Problems within U.S. financial markets are likely to continue to spread throughout the economy and take their toll on U.S. demand. We put little faith in the decoupling thesis, thus believing that U.S. weakness will spread to most global economies.

Sector weights are a fall out of our bottom-up stock selection process and at the end of the period Health Care, Consumer Staples, and Materials were our largest overweights relative to the benchmark and Consumer Discretionary, Financials, and Utilities were our largest underweights. In terms of regional allocation, we ended the period overweight Europe and underweight Japan and Asia ex Japan.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		16.1	%
Capital Goods		1.5
Consumer Cyclical		6.0
Consumer Staples		9.1
Energy		10.3
Finance		21.2
Health Care		10.2
Services		1.8
Technology		13.9
Transportation		2.8
Utilities		3.5
Short-Term Investments		19.1
Other Assets and Liabilities		(15.5	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		0.4	%
Austria		1.5
Brazil		3.5
Canada		4.2
China		2.8
Denmark		1.0
Egypt		0.8
Finland		3.0
France		9.8
Germany		6.4
Hong Kong		1.3
India		0.4
Ireland		2.9
Israel		2.2
Japan		7.7
Luxembourg		2.0
Mexico		0.4
Netherlands		3.1
Norway		2.8
Qatar		0.3
Russia		4.1
South Africa		2.3
South Korea		0.2
Spain		1.6
Sweden		1.1
Switzerland		7.0
United Kingdom		19.9
United States		3.7
Short-Term Investments		19.1
Other Assets and Liabilities		(15.5	)
Total		100.0	%

38

Hartford International Small Company HLS Fund inception 4/30/2001

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 4/30/01 - 6/30/08
Growth of $10,000 investment

S&P/Citigroup Extended Market Euro-Pacific (EMI EPAC) Index is a global equity index comprised of the smallest 20% of each country’s market capitalization in the S&P/Citigroup Broad Market Global Index. (The S&P/Citigroup Broad Market Global Index captures all companies in developed and emerging markets with free float market capitalization of at least $100 million as of the annual index reconstitution.) All developed countries are included except the US and Canada.

Investment goal — Seeks capital appreciation

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
International Small Company IA		-11.31	%		18.30	%		13.29	%
International Small Company IB		-11.53	%		18.00	%		13.02	%
S&P/Citigroup Extended Market Euro-Pacific Index		-15.41	%		20.70	%		14.07	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford International Small Company HLS Fund returned -8.78% for the six-month period ended June 30, 2008, outperforming its benchmark, the S&P/Citigroup Extended Market Euro-Pacific Index, which returned -10.42% for the same period. The Fund also outperformed the -10.66% return of the average fund in the Lipper International Core VP-UF Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Non-U.S. equity markets fell during the period amid ongoing turmoil in the credit markets and a weakening outlook for corporate earnings growth. Certain central banks acted aggressively to soften an economic slowdown, with the U.S. Federal Reserve lowering the federal funds rate and introducing multiple programs aimed at improving liquidity within financial markets. In response to increasing concerns over a shaky financial system and a likely U.S. recession, equity investors globally sought to shed risk. Eight of ten sectors in the S&P/Citigroup Extended Market Euro-Pacific Index fell during the period, led lower by Consumer Discretionary (-21%), Financials (-18%), and Telecommunications Services (-14%). Energy (+17%) and Materials (+3%), were the only sectors that rose during the period.

The Fund outperformed its benchmark primarily due to allocation among sectors, which is largely a result of the bottom-up (i.e. stock by stock fundamental research) 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 relatively strong Energy stocks and an underweight (i.e. the Fund’s sector position was less than the benchmark position) among lagging Financials stocks. Stock selection was positive in six of ten sectors, with particular strength in Health Care, Energy, Consumer Discretionary, and Financials. This was largely offset by weaker selection in Industrials, Utilities, and Materials.

Among the top contributors to relative (i.e. performance of the Fund as measured against the benchmark) and absolute (i.e. total return) returns were Lundin Petroleum (Energy), Hitachi Metals (Materials), and Nokian Renkaat Oyj (Consumer Discretionary). Investors rewarded Sweden-based oil and gas company Lundin Petroleum for receiving a long-awaited drilling permit in Russia, commencement of drilling operations in Africa, and further progress at its Alvheim offshore drilling operations. Japanese metals company Hitachi Metals benefited from continued demand for its industrial magnets from power plants and hybrid car applications. Shares of Finnish tire company Nokian Renkaat Oyj rose on strong quarterly results driven, in part, by brisk sales in Russia.

39

The largest detractors on a relative and absolute basis during the period were concentrated in the Industrials, Materials, and Consumer Discretionary sectors. Fears of a slowing European economy and higher jet fuel prices hurt the shares of U.K. discount airline easyJet (Industrials). We added to our position on weakness. French specialty chemicals company Rhodia (Materials) saw its shares decline on concerns about rising input costs as oil topped $140 per barrel. South Korean travel agency Hana Tour Service (Consumer Discretionary) was negatively impacted by concerns regarding the reduced spending power of Korean consumers. Shares of French waste treatment and services company Seche Environment (Industrials) fell after the company released revenue guidance below expectations due to the impact of a slowing economy on waste volumes. We still believe the company is a good long-term story benefiting from high barriers to entry due to regulated state permits.

What is the outlook?

We select stocks in the Fund one at a time based on their individual merits. At the end of the period we were most overweight Health Care and Energy stocks and most underweight Financials and Materials. In Health Care we have a focus on the high margin and recurring revenue potential of equipment & service companies. We also hold positions in several leading drug development and niche medical equipment companies. Our Energy overweight is based on the belief that the sector is well positioned to outperform due to compelling supply and demand fundamentals. Our holdings include conventional oil and gas as well as alternative fuel sources companies. We also see a favorable environment for energy services companies, which should benefit as rising oil demand is likely to support further exploration and development in addition to increased focus on improving utilization of existing resources. Our underweight in the Financials sector is based on our expectation of further weakness in the sector as companies, even if not involved in the wholesale funding segment of the market, disclose the extent of their exposure to troubled credit-related areas of the market.

On a regional basis, our greatest underweight position at the end of the period was in Europe, mostly due to less-than-benchmark exposures to Germany, Switzerland, France, and Spain, as valuations no longer appear 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 Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		16.2	%
Capital Goods		4.1
Consumer Cyclical		14.4
Consumer Staples		3.9
Energy		9.2
Finance		8.4
Health Care		15.6
Services		12.2
Technology		8.4
Transportation		6.1
Utilities		1.8
Short-Term Investments		19.2
Other Assets and Liabilities		(19.5	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		6.2	%
Belgium		1.0
Brazil		2.9
Canada		1.3
China		3.3
Cyprus		0.5
Denmark		0.8
Finland		2.5
France		7.6
Germany		5.2
Hong Kong		5.6
Indonesia		0.2
Israel		0.9
Italy		4.0
Japan		25.2
Liechtenstein		0.7
Malaysia		0.4
Netherlands		2.6
Norway		3.7
Papua New Guinea		0.5
Russia		0.4
Singapore		0.8
South Korea		3.3
Spain		1.7
Sweden		2.2
Switzerland		3.5
United Kingdom		13.3
Short-Term Investments		19.2
Other Assets and Liabilities		(19.5	)
Total		100.0	%

40

Hartford LargeCap Growth HLS Fund inception 5/1/1998

(subadvised by Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

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. (The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Investment goal — Seeks long-term growth of capital.

Average Annual Returns(2,3) (as of 6/30/08)

	1 Year			5 Year			10 Year
LargeCap Growth IA		-10.60	%		6.00	%		2.35	%
LargeCap Growth IB		-10.82	%		5.74	%		2.10	%
Russell 1000 Growth Index		-5.96	%		7.32	%		0.96	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on March 31, 2008. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.
(3)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

Portfolio Manager

Hugh Whelan
Managing Director

How did the Fund perform?

The Class IA shares of the Hartford LargeCap Growth HLS Fund returned -10.39% for the six-month period ended June 30, 2008, underperforming its benchmark, the Russell 1000 Growth Index, which returned -9.06%, and the Lipper Large Cap Growth VP-UF Funds category, a group of funds with investment strategies similar to those of the Fund, which returned -10.06%.

Why did the Fund perform this way?

The Fund’s underperformance versus its benchmark was attributable to weak security selection in the Health Care and Energy sectors, as well as an underweight (i.e. the Fund’s sector position was less than the benchmark position) in the Industrials and Materials sectors and an overweight (i.e. the Fund’s sector position was greater than the benchmark position) in Health Care. However, the Fund did benefit from security selection in the Consumer Discretionary, Industrials, and Materials sectors.

With regard to individual securities, the largest contributors to relative (i.e. performance of the Fund as measured against the benchmark) returns were Big Lots and First Solar, both of which were overweighted. Big Lots has had very strong financial results this year and plans to continue to expand its store base. The company has benefited from a weaker economy that has caused consumers to be more price-sensitive. First Solar’s strong earnings helped propel its stock higher. The company has benefited from high energy prices, which have increased interest in First Solar’s alternative energy solutions. Conversely, the largest detractors from returns were overweights in Humana, Inc. and NVIDIA, a manufacturer of graphics-processor technologies. Despite an impressive fourth-quarter profit that beat Wall Street expectations, Humana, Inc. shares fell, along with most of the managed care industry, on profit warnings earlier this year. NVIDIA fell on disappointing earnings and concerns that an increase in competition and reduced demand may hurt the company’s historically high growth.

Our team invests in companies that we believe have compelling stock characteristics versus the Russell 1000 Growth Index. The team’s systematic approach weighs more than 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

41

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 1000 Growth Index over the long term.

As of the end of the period, the Fund’s top holdings included Microsoft and Apple. Microsoft is a top holding primarily due to a combination of good business performance represented by strong returns on capital, positive investor sentiment exhibited by good relative strength in the stock price, and strong management behavior as exhibited by the cash generated from the operations of the company. Similarly, Apple is a top holding because of its favorable investor sentiment, exhibited by good relative strength in the stock price; strong business performance represented by favorable returns on capital; and good management behavior as exhibited by favorable measures of earnings quality.

What is your outlook?

The consensus appears to be that while economic growth will remain below the long-term trend, the economy will avoid recession and strengthen in late 2008 and 2009. We believe, however, that growth for the remainder of the year will be erratic and possibly fall into negative territory in the third and fourth quarters as the severity and extent of the credit crunch is still unknown and may worsen. Although the investment-grade corporate bond market has improved, we see little evidence that credit is more available generally or is priced any more favorably than it was at the end of the first quarter. When coupled with the oppressive effect of high energy prices and slow growth abroad, it seems unlikely the U.S. economy will follow the consensus path. We also believe inflation will remain a concern at least in the near term. As such, we expect the Federal Reserve to hold rates steady over the next few months.

On an absolute (i.e. total return) basis, the environment for stocks is improving. The declines we have seen over the last six to twelve months have improved the value of stocks relative to other asset classes. However, there are several threats to stocks. In particular, earnings growth continues to deteriorate and a looming recession may lead investors to believe the situation will not stabilize soon. On a relative basis, we see three key themes that could significantly impact performance relative to the Fund’s benchmark: volatility, credit spreads, and valuations. We expect volatility to level off at, or near, its current range through 2008. While periods of dramatically increasing volatility tend to be difficult for our strategy, if that volatility is driven by uncertainty and fear, the stocks with consistent earnings power that our strategy favors tend to benefit. Periods of widening credit spreads (i.e. short and long term interest rates moving farther apart), as has been the case recently, also favor quality stocks. We expect this trend to continue because spreads have not yet reached peak levels seen in the past. With regard to valuations, relative differences in valuations across the Fund’s investment universe have been tight by historical standards. This has made it difficult to make meaningful distinctions between attractively priced stocks and expensive stocks. As a result, our reliance on valuation has proven a disappointing tool to determine future relative performance recently. While there are indications that the dispersion in valuations is beginning to return to normal levels, a continuation of this lack of differentiation could be a headwind for the Fund.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		4.5	%
Capital Goods		9.6
Consumer Cyclical		11.5
Consumer Staples		5.0
Energy		12.7
Finance		5.2
Health Care		12.3
Other Investment Pools and Funds		0.6
Services		7.1
Technology		26.8
Transportation		3.9
Utilities		0.6
Short-Term Investments		12.8
Other Assets and Liabilities		(12.6	)
Total		100.0	%

42

Hartford MidCap HLS Fund* inception 7/14/1997

(subadvised by Wellington Management Company)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

S&P 400 MidCap Index is an unmanaged index of common stocks of companies chosen by S&P designed to represent price movements in the midcap U.S. equity market.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Investment goal — Seeks long-term growth of capital.

Average Annual Returns(2,3) (as of 6/30/08)

	1 Year			5 Year			10 Year
MidCap IA		-3.80	%		14.98	%		14.79	%
MidCap IB		-4.04	%		14.69	%		14.52	%
S&P 400 MidCap Index		-7.34	%		12.61	%		9.84	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on November 9, 1999. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.
(3)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

*The Fund has restrictions on the purchase of shares. A description of the restrictions can be found in the prospectus.

Portfolio Manager

Phillip H. Perelmuter
Senior Vice President, Partner

How did the Fund perform?

The Class IA shares of the Hartford MidCap HLS Fund returned -2.74% for the six-month period ended June 30, 2008, outperforming its benchmark, the S&P 400 MidCap Index, which returned -3.90% for the same period. The Fund also outperformed the -6.53% return of the average fund in the Lipper Mid-Cap Core VP-UF 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 fell in the first half of 2008 amidst continued turmoil in the U.S. bond and housing markets and the extended credit crunch that contributed to the near collapse of large investment bank Bear Stearns. In response to increasing concerns of a shaky financial system and a potential recession in the U.S., equity investors sought to shed risk. Equity markets were buoyed early in the second quarter by Federal Reserve actions and the perception of stabilizing credit markets; however, stocks began to retreat soon thereafter as rising commodity prices stoked inflation concerns and continued weakness in the U.S. housing market reignited economic concerns and credit market fears. Mid-cap stocks (-4%) outperformed small-cap (-9%) and large-cap stocks (-12%) during the period, as measured by the S&P 400 MidCap, Russell 2000 and S&P 500 Indices, respectively. Growth stocks (-9%) out-paced Value stocks (-14%) during the period, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. Within the S&P 400 MidCap Index, eight out of ten sectors posted negative returns. Telecommunication Services (-24%), Consumer Discretionary (-14%), and Financials (-13%) were the biggest laggards. Energy (+38%) and Materials (+10) were the only sectors to post positive returns.

Strong security selection in Materials, Health Care, and Information Technology contributed to positive relative (i.e. performance of the Fund as measured against the benchmark) performance for the Fund, and more than offset weaker stock selection in the Financials, Industrials, and Consumer Discretionary. Sector positioning, driven by security selection, also contributed positively to benchmark-relative returns during the period, primarily due to underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in Financials and Consumer Discretionary.

Top contributors to returns on a relative basis included Forest Oil (Energy), St. Mary Land & Exploration (Energy), and Agrium (Materials). Shares of Forest Oil Corporation, an independent oil and gas company, rose as the low cost and financially disciplined company benefited from higher realized commodity prices and lower operating costs. Oil and gas exploration and production company, St. Mary Land & Exploration, saw its shares rise as the firm’s significant oil exposure contributed to strong operating margins amid rising oil prices and earnings exceeded expectations, with better-than-anticipated production

43

and lease operating cost results. Shares of agricultural seed, chemicals, and fertilizer company, Agrium, rose after management raised guidance citing strong retail and wholesale operations amid high crop prices and unprecedented demand for crop inputs. Other top contributors to absolute (i.e. total return) performance included drug developer Millennium Pharmaceuticals (Health Care) and natural gas and iron ore pellet producer Cleveland-Cliffs (Materials).

Top detractors from absolute and relative performance included Toro (Industrials), Autodesk (Information Technology), and Washington Mutual (Financials). Shares in residential and commercial landscape equipment company Toro retreated with lowered guidance and concerns about a slowing domestic economy. Shares of engineering and design software and services company Autodesk declined with higher marketing costs and slowing North American sales. U.S. thrift holding company and residential mortgage lender Washington Mutual was hit hard on fears that the losses it will incur on its residential real estate portfolio could force another dilutive capital raise and pressure earnings for the next several years. Electronic design automation software and hardware company Cadence Design Systems (Information Technology) and active wear manufacturer Gildan Activewear (Consumer Discretionary) were also among the top detractors from absolute performance.

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 versus the benchmark in the Information Technology, Health Care, and Materials sectors. Information Technology exposure favors Software & Services companies such as Western Union and VeriSign, while out top Health Care holdings include health care equipment and services firms Beckman Coulter and Community Health Systems. At the end of the period, the Fund’s largest underweight remained Financials, an area that continues to be under significant stress amid volatile credit markets. The Fund ended the period underweight the Utilities and Consumer Discretionary sectors.

Diversification by Industry

as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		14.9	%
Capital Goods		3.1
Consumer Cyclical		9.6
Consumer Staples		1.6
Energy		11.0
Finance		9.0
Health Care		12.1
Services		14.0
Technology		15.6
Transportation		3.1
Utilities		2.2
Short-Term Investments		16.4
Other Assets and Liabilities		(12.6	)
Total		100.0	%

44

Hartford MidCap Growth HLS Fund inception 5/1/1998

(subadvised by Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

Russell Midcap Growth Index is an unmanaged index measuring the performance of the mid-cap growth segment of the U.S. equity universe.

S&P 400 MidCap Index is an unmanaged index of common stocks of companies chosen by S&P designed to represent price movements in the midcap U.S. equity market.

Investment goal — Seeks long-term growth of capital.

Average Annual Returns(2,3) (as of 6/30/08)

	1 Year			5 Year			10 Year
MidCap Growth IA		-12.30	%		9.46	%		6.04	%
MidCap Growth IB		-12.52	%		9.18	%		5.78	%
Russell Midcap Growth Index		-6.43	%		12.32	%		5.64	%
S&P 400 MidCap Index		-7.34	%		12.61	%		9.84	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on March 31, 2008. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.
(3)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

Hugh Whelan
Managing Director

How did the Fund perform?

The Class IA shares of the Hartford MidCap Growth HLS Fund returned -9.79% for the six-month period ended June 30, 2008, underperforming its benchmark, the Russell Midcap Growth Index, which returned -6.81%, and the Lipper Mid-Cap Growth VP-UF Funds category, a group of funds with investment strategies similar to those of the Fund, which returned -8.66%.

Why did the Fund perform this way?

The Fund’s underperformance versus the benchmark was primarily due to adverse security selection in the Energy, Financials, and Health Care sectors. An underweight (i.e. the Fund’s sector position was less than the benchmark position) in the Energy sector also detracted from relative (i.e. performance of the Fund as measured against the benchmark) performance. This was somewhat offset, however, by strong security selection in the Information Technology and Industrials sectors, as well as overweights (i.e. the Fund’s sector position was greater than the benchmark position) in the Materials and Consumer Discretionary sectors.

With regard to individual securities, the largest contributors to relative returns included energy companies W&T Offshore and Unit Corporation, both of which benefited from rising oil prices. Conversely, the primary detractors from relative returns were a large overweight position in Tesoro, a petroleum refining company that posted an unexpectedly large quarterly loss, and health insurance provider Humana, Inc., whose share price fell after the company dramatically cut its second-quarter earnings guidance.

Our team invests in companies that we believe have compelling stock characteristics versus the Russell Midcap Growth Index. The team’s 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. Overall, the Fund tends to invest in financially efficient companies with attractive valuations and higher margins. We believe this approach will yield attractive risk-adjusted returns relative to the Russell Midcap Growth Index over the long term. As of the end of the period, the Fund’s top holdings included overweight positions in Chemtura, a global chemical manufacturer, and Telephone & Data Systems, a diversified telecommunications company. Both companies are top holdings due to their attractive valuations.

45

What is your outlook?

The consensus appears to be that while economic growth will remain below the long-term trend, the economy will avoid recession and strengthen in late 2008 and 2009. We believe, however, that growth for the remainder of the year will be erratic and possibly fall into negative territory in the third and fourth quarters as the severity and extent of the credit crunch is still unknown and may worsen. Although the investment-grade corporate bond market has improved, we see little evidence that credit is more available generally or is priced any more favorably than it was at the end of the first quarter. When coupled with the oppressive effect of high energy prices and slow growth abroad, it seems unlikely the U.S. economy will follow the consensus path. We also believe inflation will remain a concern at least in the near term. As such, we expect the Federal Reserve to hold rates steady over the next few months.

On an absolute (i.e. total return) basis, the environment for stocks is improving. The decline we have seen over the last six to twelve months have improved the value of stocks relative to other asset classes. However, there are several threats to stocks. In particular, earnings growth continues to deteriorate, and a looming recession may lead investors to believe the situation will not stabilize soon. On a relative basis, we see three key themes that could significantly impact performance relative to the Fund’s benchmark: volatility, credit spreads, and valuations. We expect volatility to level off at or near its current range through 2008. While periods of dramatically increasing volatility tend to be difficult for our strategy, if that volatility is driven by uncertainty and fear, the stocks with consistent earnings power that our strategy favors tend to benefit. Periods of widening credit spreads (i.e. short and long term interest rates moving farther apart), as has been the case recently, also favor quality stocks. We expect this trend to continue because spreads have not yet reached peak levels seen in the past. With regard to valuations, relative differences in valuations across the Fund’s investment universe have been tight by historical standards. This has made it difficult to make meaningful distinctions between attractively priced stocks and expensive stocks. As a result, our reliance on valuation has proven a disappointing tool to determine future relative performance recently. While there are indications that the dispersion in valuations is beginning to return to normal levels, a continuation of this lack of differentiation could be a headwind for the Fund.

Diversification by Industry

as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		8.4	%
Capital Goods		8.2
Consumer Cyclical		10.8
Consumer Staples		3.0
Energy		11.7
Finance		7.7
Health Care		9.8
Other Investment Pools and Funds		0.3
Services		11.7
Technology		24.6
Transportation		1.5
Utilities		2.0
Short-Term Investments		26.3
Other Assets and Liabilities		(26.0	)
Total		100.0	%

46

Hartford MidCap Value HLS Fund* inception 4/30/2001
(subadvised by Wellington Management Company)

Performance Overview(1) 4/30/01 - - 6/30/08
Growth of $10,000 investment

Russell 2500 Value Index is an unmanaged index measuring the performance of those Russell 2500 Index companies with lower price-to-book ratios and lower forecasted growth values. (The Russell 2500 Index is an unmanaged index that measures the performance of the 2,500 smallest U.S. companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

You cannot invest directly in an index.

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
MidCap Value IA		-25.94	%		10.15	%		6.88	%
MidCap Value IB		-26.13	%		9.88	%		6.62	%
Russell 2500 Value Index		-19.91	%		10.91	%		8.96	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

* The Fund has restrictions on the purchase of shares. A description of the restrictions can be found in the prospectus.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

James N. Mordy
Senior Vice President,
Partner

How did the Fund perform?

The Class IA shares of the Hartford MidCap Value HLS Fund returned -15.70% for the six-month period ended June 30, 2008, underperforming its benchmark, the Russell 2500 Value Index, which returned -8.37% for the same period. The Fund also underperformed the -9.90% return of the average fund in the Lipper Mid-Cap Value VP-UF Funds 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, oil and grain prices hit new record highs and central banks became increasingly determined to fight inflation at the expense of economic growth. These negative shocks came on top of the existing concerns about the state of the U.S. economy and the health of the global financial system.

During the period, mid-cap stocks outperformed small-cap and large-cap stocks, as measured by the S&P Midcap 400 - -3.9%, Russell 2000 -9.4% and S&P 500 -11.9% Indices, respectively. Value stocks significantly underperformed growth stocks, as measured by the Russell 1000 Value - -13.6% and Russell 1000 Growth -9.1% Indices. Within the Fund’s benchmark, only a narrow segment of the market performed well as Energy and Materials were the only sectors that posted positive returns while Telecommunication Services and Media, Financials and Consumer Discretionary lagged significantly.

The Fund’s underperformance was driven primarily by weak stock selection particularly within Financials, Industrials and Energy. Overall sector allocation contributed positively to relative (i.e. performance of the Fund as measured against the benchmark) performance, particularly our overweight (i.e. the Fund’s sector position was greater than the benchmark position) position in Materials and our underweight (i.e. the Fund’s sector position was less than the benchmark position) position in Financials.

The largest detractors from performance included R.H. Donnelley (Consumer Discretionary), Financials stocks Ambac and Thornburg Mortgage, and Northwest Airlines (Industrials). U.S. Yellow Pages company R.H. Donnelley’s stock price fell as investors worried about the negative impact of softer advertising sales during a recession on earnings and cash flow, given the company’s financial leverage. Shares of insurer Ambac fell due to concerns regarding losses from the company’s financial guarantee contracts as well as a dilutive stock offering in the fourth quarter. Thornburg Mortgage, a residential

47

mortgage lender, was caught in a liquidity squeeze as credit markets seized up, forcing the sale of its high quality mortgage portfolio at deep losses and necessitating an extremely dilutive capital raise. A significant increase in fuel costs and fears of a decline in travel demand weighed on Northwest Airline’s stock price.

Among the top contributors to performance were Materials stocks Cleveland-Cliffs, FMC and Agrium and Energy stocks Newfield Exploration and Arch Coal. Shares of iron ore pellet producer Cleveland-Cliffs benefited from tight fundamentals in global iron ore markets due to strong worldwide demand for steel. Diversified global chemical company FMC’s shares rose due to strong demand for the company’s herbicides, used to protect crops. In addition, the company has a large lithium resource, which is used to make batteries for laptops and electric cars. Agrium’s stock price also continued to benefit from the tight supply and rising demand for fertilizer. Newfield Exploration’s shares appreciated as natural gas and oil prices made new highs, and the company increased its production guidance above market expectations. U.S. coal producer Arch Coal’s shares benefited from a favorable pricing environment for coal.

What is the outlook?

High double-digit increases in the prices of energy and key food commodities, severe credit tightening by financial institutions, rapidly declining home values, and a surge in unemployment have finally pushed consumers over the edge. Consumer confidence numbers now sit at a 28 year low. Were it not for the tax rebate stimulus, we believe the second quarter would mark the first official quarter of the current U.S. economic recession. With Europe also slowing materially, and the pace of emerging market growth now threatened by efforts to combat inflation, we expect global growth to slow materially in the coming quarters. In time, this should begin to ease pressures on commodity costs and help reduce inflation concerns. However in the near term, we do not see any prospect of Federal Reserve easing.

The temporary boost to the U.S. consumer from tax rebate checks is now almost behind us, and we see renewed retrenchment ahead. Pressure on corporate profits will likely lead businesses to trim investment plans, while state and local governments reduce spending to avoid or reduce budgetary deficits. This should reinforce negative employment trends now in place. We have reduced somewhat both our Consumer Discretionary and Industrial exposures in the portfolio. We have also moved to a slight underweight in the Energy sector and have been taking some profits within our Materials holdings.

While it is difficult to find tremendous value in many defensive areas of the market, we remain strongly overweight in Health Care, and have continued to increase our exposure to Consumer Staples, where we have found some reasonably priced names, in particular within the protein and dairy industries. Overall, we remain cautious, as Wall Street earnings expectations for the Russell 2500 universe of companies appear quite optimistic to us.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		16.2	%
Capital Goods		7.0
Consumer Cyclical		8.5
Consumer Staples		6.7
Energy		6.9
Finance		17.5
Health Care		9.1
Services		4.7
Technology		14.1
Transportation		2.4
Utilities		5.7
Short-Term Investments		21.0
Other Assets and Liabilities		(19.8	)
Total		100.0	%

48

Hartford Mortgage Securities HLS Fund inception 1/1/1985

(subadvised by Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - - 6/30/08
Growth of $10,000 investment

Lehman Mortgage-Backed Securities Index is an index of mortgage backed pass-through securities of the Goverment National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation.

You cannot invest directly in an index.

Investment goal — Seeks maximum current income consistent with safety or principal and maintenance of liquidity by investing primarily in mortgage-related securities.

Average Annual Returns(2,3) (as of 6/30/08)

	1 Year			5 Year			10 Year
Mortgage Securities IA		0.87	%		2.76	%		4.57	%
Mortgage Securities IB		0.62	%		2.50	%		4.31	%
Lehman Mortgage-Backed Securities Index		7.83	%		4.56	%		5.76	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on November 9, 1999. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.
(3)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers
Christopher Hanlon, CFA*	Russell M. Regenauer	Timothy Wilhide	John Hendricks
Executive Vice President	Senior Vice President	Senior Vice President	Senior Vice President

How did the Fund perform?

The Class IA Shares of the Hartford Mortgage Securities HLS Fund returned -1.43% for the six-month period ended June 30, 2008, underperforming its benchmark, the Lehman Brothers Mortgage-Backed Securities Index, which returned 1.93%, and the Lipper U. S. Mortgage VP-UF Funds category, a group of funds with investment strategies similar to those of the Fund, which returned -0.32%.

Why did the Fund perform this way?

The Fund’s underperformance was almost entirely due to allocations to the commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS) sectors. Holdings of non-Agency collateralized mortgage obligations (CMOs) also detracted, but to a much lesser extent. Over the course of the six-month period, these sectors were adversely affected by the ongoing retraction of credit in the economy and the continued selling of securities by leveraged players in the market, although their performance did improve somewhat in the latter months.

Conversely, the Fund’s duration (a measure of interest-rate sensitivity) and yield-curve positioning were additive to performance. We positioned the Fund to benefit from a steepening in the U.S. Treasury yield curve (i.e. short and long term interest rates moving farther apart), which materialized over the course of the period as the financial system distress led to a flight to quality that drove yields markedly lower, particularly on the front end of the curve.

What is your outlook?

The consensus appears to be that while economic growth will remain below the long-term trend, the economy will avoid recession and strengthen in late 2008 and 2009. We believe, however, that growth for the remainder of the year will be erratic and possibly fall into negative territory in the third and fourth quarters as the severity and extent of the credit crunch is still unknown and may worsen. Although the investment-grade corporate bond market has improved, we see little evidence that credit is more available generally or is priced any more favorably than it was at the end of the first quarter. When coupled with the oppressive effect of high energy prices and slow growth abroad, it seems unlikely the U.S. economy will follow the consensus path. We also believe inflation will remain a concern at least in the near term. As such, we expect the Federal Reserve to hold rates steady over the next few months.

We will maintain our investments in CMBS, ABS, and non-Agency CMOs, as we believe the fundamental value of these securities is significantly above current market valuations. We expect continued

49

improvement in the availability of mortgage credit as both political and fiscal policies continue to be enacted. While we do expect overall volatility in the markets to continue, we believe the spread cycle is starting to turn.

At a meeting held on May 6-7, 2008, the Board of Directors of Hartford Series Fund, Inc. approved on behalf of Hartford Mortgage Securities HLS Fund (the “Acquired Fund”), and the Board of Directors of Hartford HLS Series Fund II, Inc. approved on behalf of Hartford U.S. Government Securities HLS Fund (the “Acquiring Fund”), the reorganization of the Acquired Fund with and into the Acquiring Fund. The Board of Directors of Hartford Series Fund, Inc. has called for a Special Meeting of Shareholders of the Acquired Fund to be held on or about September 3, 2008, for the purpose of seeking the approval of the reorganization.

*  Effective June 1, 2008, Timothy Wilhide and John Hendricks assumed the portfolio management responsibilities previously held by Christopher Hanlon. Mr. Wilhide and Mr. Hendricks will manage the Fund alongside Russell M. Regenauer.

Distribution by Credit Quality
as of June 30, 2008

	Percentage of
	Long-Term
Rating	Holdings
AAA		91.8
AA		5.8
A		1.9
BBB		0.3
B		0.1
CCC		0.1
Total		100.0	%

Distribution by Category
as of June 30, 2008

	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		29.2	%
Corporate Bonds: Investment Grades		0.3
U.S. Government Agencies		83.5
Short-Term Investments		1.7
Other Assets and Liabilities		(14.7	)
Total		100.0	%

50

Hartford Small Company HLS Fund inception 8/9/1996

(subadvised by: Wellington Management Company, LLP

                          Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

Russell 2000 Growth Index is an unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. (The Russell 2000 Index is a broad-based unmanaged index comprised of 2,000 of the smallest U.S. domiciled company common stocks (on the basis of capitalization) that are traded in the United States on the New York Stock Exchange, American Stock Exchange and Nasdaq.)

You cannot invest directly in an index.

Investment goal — Seeks growth of capital.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Small Company IA		-8.64	%		14.64	%		8.08	%
Small Company IB		-8.83	%		14.36	%		7.85	%
Russell 2000 Growth Index		-10.83	%		10.37	%		2.80	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on May 1, 2002. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford Small Company HLS Fund returned -10.26% for the six-month period ended June 30, 2008, underperforming its benchmark, the Russell 2000 Growth Index which returned -8.93% for the same period. The Fund outperformed the - 11.58% return of the average fund in the Lipper Small Cap Growth VP-UF 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 were down for the six months ended June 30, 2008 due to global inflation concerns, continued turmoil in the U.S. housing and credit markets, and slowing economic growth. Within the Russell 2000 Growth Index, all sectors but one lost ground. Energy (+44%) was the only positive performer, while Industrials (-26%), Consumer Discretionary (-18%), and Health Care (-17%) were down the most.

The Fund’s underperformance versus its benchmark was driven primarily by stock selection. Sector positioning, a result of bottom-up (i.e. stock by stock fundamental research) stock selection, also had a slightly negative impact on benchmark-relative (i.e. performance of the Fund as measured against the benchmark) returns. Security selection was weakest in the Financials, Industrials, and Consumer Discretionary sectors and strongest in the Materials, Health Care, and Telecommunications Services sectors.

The stocks that detracted the most from relative performance during the period included MF Global (Financials), Focus Media (Consumer Discretionary), and Pilgrim’s Pride (Consumer Staples). MF Global is a leading broker of exchange traded futures and options. The company’s share price fell significantly amid a rogue trading incident and consequent questions concerning the company’s controls and counterparty credit risk. We eliminated the position in favor of more attractive opportunities. Focus Media is China’s largest out-of-home advertising firm with over 90 percent market share in LCD display and poster frame networks. A top contributor during 2007, the company’s stock was severely reined in during the first six months of 2008 by a host of issues, including news that the company’s founder would relinquish his Chief Executive Officer role to the president, China Mobile’s decision to shut down Focus’ instant messaging access, and an earthquake-related business slowdown. Pilgrim’s Pride is the largest fresh poultry producer in the U.S. and Mexico. Shares fell after competitor Tyson Foods announced that it had discovered low-pathogenic avian influenza antibodies in a breeding flock in Arkansas.

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In addition, wet weather in the Midwest drove corn prices higher, potentially delaying the company’s anticipated earnings turnaround and putting additional downward pressure on the stock. Blue Coat Systems (Information Technology) also hurt relative performance. During the period, Blue Coat Systems’ shares fell after the company announced that it was raising capital to acquire Packeteer and again after it reported quarter results below expectations. Additional detractors from absolute (i.e. total return) performance included Hologic (Health Care) and Iron Mountain (Information Technology).

The top relative contributors to performance during the period were Arch Coal (Energy), Cabot Oil & Gas (Energy), and FMC (Materials). Arch Coal’s shares benefited from extremely tight global coal markets, brought on by the confluence of supply outages in major producing countries China and Australia and robust demand growth. Cabot Oil & Gas is an independent exploration and production company with oil and gas properties in North America. The company’s share price rose during the period due to rising natural gas prices, impressive results in their East Texas acreage that helped boost reserves, and disciplined execution that helped control exploration and development costs. FMC is a leading producer of chemicals for industry and agriculture. The company was able to raise prices for soda ash as the market remains sold out worldwide. Accelerating demand for energy storage (such as batteries for electric vehicles) bodes well for FMC’s lithium business; meanwhile, favorable agricultural chemical market conditions are leading to higher margins for the company’s crop protection products. Another contributor to relative performance was Grey Wolf, Inc. (Energy). Its shares rose on unsolicited acquisition offers during the period. Millennium Pharmaceuticals (Health Care) was a top contributor to absolute performance. Shares of this biopharmaceutical firm rose after it announced that it would be acquired by Japan-based Takeda Pharmaceuticals.

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 allocations relative to the Russell 2000 Growth Index were to the Materials, Financials, and Information Technology sectors, while the largest underweight allocations were to Industrials, Health Care, and Utilities. Within Materials the Fund held chemicals company FMC and fertilizer company Terra Industries. Financial names that the Fund favored included insurance companies Allied World Assurance and ProAssurance.

At the end of the period, 51% of the Fund’s assets were managed by Wellington Management Company and 49% were managed by Hartford Investment Management Company.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		9.6	%
Capital Goods		6.5
Consumer Cyclical		10.0
Consumer Staples		1.7
Energy		8.3
Finance		6.6
Health Care		15.5
Other Investment Pools and Funds		1.0
Services		9.8
Technology		22.2
Transportation		3.2
Utilities		0.3
Short-Term Investments		23.7
Other Assets and Liabilities		(18.4	)
Total		100.0	%

52

Hartford SmallCap Growth HLS Fund inception 5/2/1994
(subadvised by: Wellington Management Company, LLP

                        Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

Russell 2000 Growth Index is an unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. (The Russell 2000 Index is a broad-based unmanaged index comprised of 2,000 of the smallest U.S. domiciled company common stocks (on the basis of capitalization) that are traded in the United States on the New York Stock Exchange, American Stock Exchange and Nasdaq.)

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Investment goal — Seeks long-term capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
SmallCap Growth IA		-16.22	%		9.88	%		7.29	%
SmallCap Growth IB		-16.43	%		9.61	%		7.03	%
Russell 2000 Growth Index		-10.83	%		10.37	%		2.80	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on May 1, 2002. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

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

How did the Fund perform?

The Class IA shares of the Hartford SmallCap Growth HLS Fund returned -6.87% for the six-month period ended June 30, 2008, outperforming its benchmark, the Russell 2000 Growth Index, which returned -8.93%. For the same period, the Fund outperformed the -11.58% return of the average fund in the Lipper Small Cap Growth VP-UF Funds peer group, a group of funds with investment strategies similar to those of the Fund.

Why did the Fund perform this way?

Small cap growth stocks, as measured by the Russell 2000 Growth Index, experienced a high degree of volatility during the first half of the year. From January through March small-cap growth stocks declined precipitously, falling nearly 13% amid continued turmoil in the U.S. bond and housing markets. Markets rebounded throughout most of the second calendar quarter as investors began to believe the worst of the bad news was reflected in stock prices, and the Russell 2000 Growth Index recouped most of its losses through early June. The final few weeks of the period brought more selling as economic news seemed to indicate the potential for a more protracted downturn than many expected. Performance across sectors was almost exclusively negative.

For the full period only Energy (+44%) gained; nine of the ten sectors in the Index fell, led by Telecommunications Services (-26%), Consumer Discretionary (-18%), and Health Care (-17%).

Fund performance was driven by stock selection; sector allocation had very little impact on benchmark-relative (i.e. performance of the Fund as measured against the benchmark) returns. Strong stock selection in the Materials and Consumer Discretionary sectors drove outperformance relative to the index. Stock selection was weaker in the Financials, Energy, and Health Care sectors.

Among the top contributors to relative and absolute (i.e. total return) performance were Cleveland-Cliffs (Materials), Complete Production (Energy), and St. Mary Land & Exploration (Energy). Cleveland-Cliffs, an iron ore pellet producer, benefited from tight fundamentals in global iron ore markets driven by strong worldwide demand for steel. Oilfield services company Complete Production saw its shares gain on strong earnings and revenues as exploration and drilling activity for natural gas remained robust. Exploration and production company St. Mary Land & Exploration reported better-than-expected earnings due to higher volumes and prices, pushing its shares higher. Other top contributors to

53

results included oil and gas producer Cabot Oil and Gas (Energy) and coal supplier Massey Energy (Energy).

Regeneron (Health Care) and ON Semiconductor (Information
Technology) significantly detracted from relative performance. Relative results also were hurt by not owning shares of Petrohawk Energy, whose shares rose strongly during the period. Biopharmaceutical company Regeneron reported disappointing data from a late-stage trial of its ovarian cancer drug Aflibercept, sending its shares down sharply. Power and data management chip producer ON Semiconductor saw its shares decline during the first part of the period. We eliminated the position prior to a rebound in the company’s stock price, negatively impacting relative performance. Among other detractors from absolute returns were mattress maker Tempur-Pedic (Consumer Discretionary) and storage networking company Emulex (Information Technology).

What is the outlook?

The U.S. economic outlook has dimmed as falling home prices, rising food and energy costs, and declining consumer confidence have contributed to a pull-back in stock prices, particularly for companies involved with selling to consumers. The Federal Open Market Committee (FOMC) action has been impressive in attempting to curb a slowdown, but the ultimate results have yet to be seen.

At the end of the period the Fund was underweight (i.e. the Fund’s sector position was less than the benchmark position) Financials, Consumer Discretionary, and Utilities and overweight (i.e. the Fund’s sector position was greater than the benchmark position) Consumer Staples and Health Care.

At the end of the period, 90% of the Fund’s assets were managed by Wellington Management Company and 10% were managed by Hartford Investment Management Company.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		6.8	%
Capital Goods		7.3
Consumer Cyclical		9.2
Consumer Staples		1.3
Energy		10.5
Finance		6.4
Health Care		18.4
Services		12.8
Technology		22.5
Transportation		2.2
Short-Term Investments		26.7
Other Assets and Liabilities		(24.1	)
Total		100.0	%

54

Hartford SmallCap Value HLS Fund inception 5/1/1998

(subadvised by: Kayne Anderson Rudnick Investment Management, LLC
Metropolitan West Capital Management, LLC
SSgA Funds Management, Inc.)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

Russell 2000 Value Index is an unmanaged index measuring the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Investment goal — Seeks capital appreciation.

Average Annual Returns(2,3) (as of 6/30/08)

	1			5			10
	Year			Year			Year
SmallCap Value IA		-21.50	%		8.51	%		9.57	%
SmallCap Value IB		-21.71	%		8.29	%		9.32	%
Russell 2000 Value Index		-21.63	%		10.02	%		7.47	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.
(3)	Class IB shares commenced on July 1, 2003. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects the actual Class IB share performance.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

Portfolio Managers

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

How did the fund perform?

The Class IA shares of the Hartford SmallCap Value HLS Fund returned -12.30% for the six-month period ended June 30, 2008. The Fund underperformed the -9.84% return of its benchmark, the Russell 2000 Value Index and the -8.03% return of the average Fund in the Lipper Small Cap Value VP-UF 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 weak for the period amid continued turmoil in the U.S. bond and housing markets. Within the Russell 2000 Value Index, eight out of the ten sectors posted negative returns for the period led by Telecommunication Services (-21%), Financials (-18%), and Consumer Discretionary (-18%). The top performing sector for the period was Energy (+45%) as oil prices continued to increase driven by growing demand from emerging markets.

Stock selection was the primary driver of our underperformance during the period. Detractors from performance included Tempur-Pedic International (Consumer Discretionary) and National Financial Partners (Financials). Tempur-Pedic, which was one of our top performers in 2007, fell hard on weak sales and increased competition. National Financial Partners, an independent distributor of financial service products, dropped during the period on sputtering sales and several analysts’ downgrades. Performance also was negatively impacted by holding underweighted positions (i.e. the Fund’s position percent was less than the benchmark position percent) in several Energy stocks (Petrohawk Energy Corp, Encore Acquisitions Company and EXCO Resources Inc.) which increased over 125% during the period.

Landstar Systems (Industrials) and Navigant Consulting (Industrials) were top relative (i.e. performance of the Fund as measured against the benchmark) performers. Shares of transportation company Landstar rose as a result of posting strong financial results. Landstar is likely to generate further earnings growth through continued new customer additions and an increase in non-truckload routes. Specialty legal consulting firm Navigant benefited as consulting firms are expected to see an increase in litigation and bankruptcy business due to the turmoil in the credit and housing markets.

55

What is the outlook?

We remain hopeful regarding the long-term prospects for U.S. equity markets. At the end of the period, the Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions relative to the benchmark were in Industrials and Health Care. Conversely, the Fund’s largest underweight position relative to the benchmark continues to be in Financials, which we consider unattractive given the continued slowdown in the housing market. We believe that the complementary style of the three sub-advisers 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 June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		7.4	%
Capital Goods		5.9
Consumer Cyclical		14.7
Consumer Staples		3.0
Energy		6.9
Finance		21.4
Health Care		4.9
Services		13.9
Technology		10.9
Transportation		4.7
Utilities		1.7
Short-Term Investments		35.2
Other Assets and Liabilities		(30.6	)
Total		100.0	%

56

Hartford Stock HLS Fund inception 8/31/1977

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

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 goal — Seeks long-term growth of capital.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Stock IA		-17.68	%		6.47	%		2.04	%
Stock IB		-17.89	%		6.20	%		1.81	%
S&P 500 Index		-13.11	%		7.58	%		2.88	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers

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

How did the Fund perform?

The Class IA shares of the Hartford Stock HLS Fund returned -14.28% for the six-month period ended June 30, 2008, underperforming its benchmark, the S&P 500 Index which returned -11.91% for the same period. The Fund also underperformed the -11.56% return of the average fund in the Lipper Large Cap Core VP-UF 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 fell in the first half of 2008 amidst continued turmoil in the U.S. bond and housing markets and an extended credit crunch that contributed to the near collapse of large investment bank Bear Stearns. Equity investors sought to shed risk in response to increasing concerns regarding a shaky financial system and a potential recession in the U.S. Equity markets were buoyed early in the second quarter by Federal Reserve actions and the perception of stabilizing credit markets. However, stocks began to retreat soon thereafter as rising commodity prices stoked inflation concerns and continued weakness in the U.S. housing market reignited economic concerns and credit market fears. Mid-cap stocks (-4%) outperformed small-cap (-9%) and large-cap stocks (-12%) during the period, as measured by the S&P 400 MidCap, Russell 2000 and S&P 500 Indices, respectively. Growth stocks (-9%) out-paced Value (-14%) during the period, as measured by the Russell 1000 Growth and Russell 1000 Value Indices. Within the S&P 500 Index, eight out of ten sectors posted negative returns. Financials (-30%), Telecommunications Services (-17%), and Industrials (-14%) were the biggest laggards. Energy (+9%) and Materials (+1%) were the only sectors to post positive returns.

The Fund’s underperformance versus the benchmark was driven primarily by sector positioning, which is a result of bottom-up (i.e. stock by stock fundamental research) security selection. In particular, the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) to the Energy and Utilities sectors and overweight (i.e. the Fund’s sector position was greater than the benchmark position) to out-of-favor Financials hurt relative (i.e. performance of the Fund as measured against the benchmark) returns. Strong stock selection in Health Care, Energy, Consumer Discretionary, and Materials was offset by weaker selection in Industrials, Financials, and Consumer Staples.

Stocks that detracted the most from relative returns during the period included UnitedHealth Group (Health Care), UBS (Financials) and Washington Mutual (Financials). Shares of managed care provider UnitedHealth fell on concerns that the company would lower its 2008 earnings guidance due to weakness in its commercial and Medicare businesses, along with higher medical cost trends and slower enrollment. Zurich-based bank UBS experienced losses relating to subprime mortgages and in their investment banking division. This forced the company to raise additional dilutive equity capital to help absorb write-downs, pushing the stock price lower. Shares of consumer and small business banking company Washington Mutual fell significantly on fears that the losses it will incur on its residential real estate portfolio could force another dilutive capital raise and depress

57

earnings for the next several years. Significant detractors from absolute returns also included American International Group (AIG) (Financials) and General Electric (Industrials).

Top relative and absolute (i.e. total return) contributors during the period included Elan (Health Care), Hess (Energy), and Chesapeake Energy (Energy). Shares of neuroscience-based biotechnology company Elan moved higher after the company reported positive data related to its multiple sclerosis drug TYSABRI and Alzheimer’s drug Bapineuzumab. Integrated petroleum company Hess saw its stock price increase based on a number of successful wells drilled in Brazil, the Gulf of Mexico, and offshore Australia. Independent natural gas company Chesapeake Energy’s shares climbed as management raised production forecasts for 2008 and 2009, citing higher recovery expectations and increased drilling activity levels. Canadian gas producer EnCana (Energy) and steelmaker ArcelorMittal (Materials) also contributed to the Fund’s returns on a relative and absolute basis.

What is the outlook?

The Hartford Stock Fund is managed with a large cap, core approach. We apply a bottom-up investment process in constructing a diversified portfolio. We look for companies that exhibit the following qualities: industry leadership, strong balance sheets, solid management, high return on equity, accelerating earnings, and/or attractive valuation with a catalyst. At the end of the period, our bottom-up investment approach resulted in overweight exposures in Health Care, Information Technology, and Consumer Discretionary, as we found a number of attractive investment opportunities in these sectors. Health Care holdings favored pharmaceutical firms, with large positions in Wyeth, Elan and Schering-Plough. The largest Information Technology positions were in software and services firm Microsoft and technological hardware and equipment company Cisco Systems. At the end of the period, the Fund’s largest underweights relative to the S&P 500 were in Consumer Staples, Utilities, and Energy.

Diversification by Industry

as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		4.8	%
Consumer Cyclical		8.6
Consumer Staples		2.6
Energy		11.1
Finance		18.3
Health Care		16.2
Services		11.0
Technology		25.2
Transportation		0.7
Utilities		0.8
Short-Term Investments		6.6
Other Assets and Liabilities		(5.9	)
Total		100.0	%

58

Hartford Total Return Bond HLS Fund inception 8/31/1977

(subadvised by Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

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 Securities Index and Commercial Mortgage-Backed Securities Index.

You cannot invest directly in an index.

Investment goal — Seeks a competitive total return, with income as a secondary objective.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Total Return Bond IA		3.59	%		3.54	%		5.58	%
Total Return Bond IB		3.33	%		3.29	%		5.35	%
Lehman Brothers U.S. Aggregate Bond Index		7.12	%		3.86	%		5.68	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Manager

Nasri Toutoungi
Managing Director

How did the Fund perform?

The Class IA Shares of the Hartford Total Return Bond HLS Fund returned -0.29% for the six-month period ended June 30, 2008, underperforming its benchmark, the Lehman Brothers U.S. Aggregate Bond Index, which returned 1.13%, and the Lipper Intermediate Investment Grade Debt VP-UF Funds category, a group of funds with investment strategies similar to those of the Fund, which returned -0.14%.

Why did the Fund perform this way?

The market experienced extreme volatility and broad-based spread widening (i.e. short and long term interest rates moving farther apart) throughout the six-month period. At the same time, investor risk aversion fueled a Treasury market rally that persisted throughout much of the period. Because of this, the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) to the U.S. Treasury and Agency sectors in favor of an allocation to high-yield corporate bonds and overweights (i.e. the Fund’s sector position was greater than the benchmark position) to investment-grade corporate and asset-backed securities (ABS) hindered performance.

Security selection within the investment-grade corporate, ABS and commercial mortgaged-backed (CMBS) sectors also detracted from performance. Within the investment-grade corporate sector, an overweight to financials, particularly in bank and brokerage firms, as well as small exposures to home equity loans and small business loans backed by commercial mortgages, negatively impacted returns as financial institutions recognized significant losses. This was partially offset, however, by strong security selection within the mortgage-backed securities (MBS) sector.

The Fund’s yield-curve positioning proved beneficial as the spread between two-year and 10-year Treasury yields increased by 38 basis points during the period. Tactical exposures to the Euro and Yen were also additive as the U.S. Dollar saw new lows on a trade-weighted basis relative to most major currencies.

Although we have increased risk exposure in the portfolio, we are not at a maximum risk position, nor are we indiscriminately buying across asset classes. We continue to favor investment-grade corporates and have an overweight position to Financials. However, we could see more volatility in the sector. CMBS have recovered a great deal from their wide spread levels in March, but continue to offer good value in our view.

What is your outlook?

The consensus appears to be that while economic growth will remain below the long-term trend, the economy will avoid recession and strengthen in late 2008 and 2009. We believe, however, that growth for the remainder of the year will be erratic and possibly fall into negative

59

territory in the third and fourth quarters as the severity and extent of the credit crunch is still unknown and may worsen. Although the investment-grade corporate bond market has improved, we see little evidence that credit is more available generally or is priced any more favorably than it was at the end of the first quarter. When coupled with the oppressive effect of high energy prices and slow growth abroad, it seems unlikely the U.S. economy will follow the consensus path. We also believe inflation will remain a concern at least in the near term. As such, we expect the Federal Reserve to hold rates steady over the next few months.

It is our belief that asset prices may recover before the economy does. Spreads on a variety of asset classes tightened (i.e. short and long term interest rates moving closer together) moderately in April and May, and have deteriorated since, but, on the whole, remain attractive. Given the uncertain short-term outlook, we expect to remain overweight spread product (i.e. issues yielding more than treasuries), but will wait for a more advantageous entry point to continue adding to current exposure. We have a cautious view on regional banks and bonds in cyclical industries and we continue to favor high-quality bonds in the high-yield and bank loan space.

Distribution by Credit Quality
as of June 30, 2008

	Percentage of
	Long-Term
Rating	Holdings
AAA		52.9	%
AA		7.7
A		15.3
BBB		12.9
BB		7.8
B		3.0
CCC		0.3
NR		0.1
Total		100.0	%

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		1.9	%
Capital Goods		0.9
Consumer Cyclical		2.1
Consumer Staples		1.2
Energy		1.8
Finance		34.2
Foreign Governments		2.6
General Obligations		0.2
Health Care		1.9
Services		3.8
Technology		7.0
Transportation		1.2
U.S. Government Agencies		31.8
U.S. Government Securities		4.5
Utilities		3.5
Short-Term Investments		5.8
Other Assets and Liabilities		(4.4	)
Total		100.0	%

60

Hartford U.S. Government Securities HLS Fund inception 3/24/1987
(subadvised by Hartford Investment Management Company)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

Lehman Brothers Intermediate Government Bond Index is an unmanaged index of government bonds with maturities of between one and ten years. You cannot invest directly in an index.

Investment goal - Seeks to maximize total return while providing shareholders with a high level of current income consistent with prudent investment risk.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
U.S. Government Securities IA		3.62	%		2.26	%		4.64	%
U.S. Government Securities IB		3.36	%		2.01	%		4.38	%
Lehman Brothers Intermediate Government Bond Index		9.17	%		3.61	%		5.43	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on May 1, 2002. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers
Christopher Hanlon*	Russell M. Regenauer	Timothy Wilhide	John Hendricks
Executive Vice President	Senior Vice President	Senior Vice President	Senior Vice President

How did the Fund perform?

The Class IA Shares of the Hartford U.S. Government Securities HLS Fund returned 0.26% for the six-month period ended June 30, 2008, underperforming its benchmark, the Lehman Brothers Intermediate Government Bond Index, which returned 2.19%, and the Lipper General U.S. Government VP-UF Funds category, a group of funds with investment strategies similar to those of the Fund, which returned 1.85%.

Why did the Fund perform this way?

Sector allocation was the primary contributor to the Fund’s underperformance versus the benchmark as the Fund’s asset-backed securities (ABS) allocation, particularly home equity exposure, suffered from ongoing illiquidity related to the housing market turmoil and credit quality downgrades. Security selection also detracted from relative (i.e. performance of the Fund as measured against the benchmark) performance. Specifically, the Fund’s Small Business Administration (SBA) securities, which are essentially U.S. government-guaranteed small business loans backed by mortgages, struggled amid the general illiquidity of the broad commercial mortgage-backed securities (CMBS) sector.

Conversely, the Fund’s duration (a measure of interest-rate sensitivity) and yield curve positioning were additive to performance. We positioned the Fund to benefit from a steepening in the U.S. Treasury yield curve (i.e. short and long term interest rates moving farther apart), which materialized over the course of the period as the financial system distress led to a flight to quality that drove yields, particularly on the front end of the curve, markedly lower.

What is your outlook?

The consensus appears to be that while economic growth will remain below the long-term trend, the economy will avoid recession and strengthen in late 2008 and 2009. We believe, however, that growth for the remainder of the year will be erratic and possibly fall into negative territory in the third and fourth quarters as the severity and extent of the credit crunch is still unknown and may worsen. Although the investment grade corporate bond market has improved, we see little evidence that credit is more available generally or is priced any more favorably than it was at the end of the first quarter. When coupled with the oppressive effect of high energy prices and slow growth abroad, we believe it is unlikely the U.S. economy will follow the consensus path. We also believe inflation will remain a concern at least in the near term. As such, we expect the Federal Reserve to holds rates steady over the next few months.

Credit spreads on high quality U.S. Agency debt and Agency backed mortgage-backed securities (MBS) are still historically very wide as the liquidity crisis has taken a toll on these markets, as well as others. Approximately 55% of the Fund’s current net asset value (NAV) is held in Agency debt and 25% in Agency MBS to capture the higher yields on very high-quality debt. We expect to maintain the CMBS and ABS positions in the portfolio as our sector teams’ evaluation of the

61

underlying fundamentals of these positions is still positive relative to market pricing.

At a meeting held on May 6-7, 2008, the Board of Directors of Hartford Series Fund, Inc. approved on behalf of Hartford Mortgage Securities HLS Fund (the “Acquired Fund”), and the Board of Directors of Hartford HLS Series Fund II, Inc. approved on behalf of Hartford U.S. Government Securities HLS Fund (the “Acquiring Fund”), the reorganization of the Acquired Fund with and into the Acquiring Fund. The Board of Directors of Hartford Series Fund, Inc. has called for a Special Meeting of Shareholders of the Acquired Fund to be held on or about September 3, 2008, for the purpose of seeking the approval of the reorganization.

* Effective June 1, 2008, Timothy Wilhide and John Hendricks assumed the portfolio management responsibilities previously held by Christopher Hanlon. Mr. Wilhide and Mr. Hendricks will manage the Fund alongside Russell M. Regenauer.

Distribution by Credit Quality

as of June 30, 2008

	Percentage of
	Long-Term
Rating	Holdings
AAA		96.5
AA		2.5
A		0.2
BBB		0.6
B		0.1
CCC		0.1
Total		100.0	%

Distribution by Category
as of June 30, 2008

	Percentage of
Category	Net Assets
Asset & Commercial Mortgage Backed Securities		13.9	%
Corporate Bonds: Investment Grades		0.1
U.S. Government Agencies		75.2
U.S. Government Securities		7.9
Short-Term Investments		30.4
Other Assets and Liabilities		(27.5	)
Total		100.0	%

62

Hartford Value HLS Fund inception 4/30/2001

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 4/30/01 - 6/30/08
Growth of $10,000 investment

Russell 1000 Value Index is a market cap weighted measure of the performance of the 1,000 largest value-oriented companies in the Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index. Value is defined as companies with lower price-to-book ratios and lower forecasted growth values.

Investment goal — Seeks long-term total return.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			Since Inception
Value IA		-9.49	%		10.62	%		5.11	%
Value IB		-9.72	%		10.35	%		4.86	%
Russell 1000 Value Index		-18.78	%		8.92	%		4.61	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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

How did the Fund perform?

The Class IA shares of the Hartford Value HLS Fund returned -9.64% for the six-month period ended June 30, 2008, outperforming its benchmark, the Russell 1000 Value Index, which returned -13.57% for the same period. The Fund also outperformed the -13.66% return of the average fund in the Lipper Large Cap Value Funds VP-UF 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, oil and grain prices hit new record highs and central banks became increasingly determined to fight inflation at the expense of economic growth. These negative shocks came on top of the existing concerns about the state of the U.S. economy and the health of the global financial system.

During the period, value stocks significantly underperformed growth stocks, as measured by the Russell 1000 Value -13.6% and Russell 1000 Growth -9.1% Indices. Within the Fund’s benchmark, Energy was the only sector that posted positive returns. Financials, Telecommunication Services, Consumer Discretionary and Industrials were significant laggards.

The primary driver of the Fund’s outperformance relative (i.e. performance of the Fund as measured against the benchmark) to the benchmark was stock selection, particularly within Financials, Materials and Information Technology. In addition, while the Fund’s investment strategy is driven by bottom-up (i.e. stock by stock fundamental research) fundamental research, the Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) position in Financials and overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in Consumer Staples and Utilities helped relative performance.

Among the top contributors to relative and absolute (i.e. total return) performance were Energy stocks Occidental Petroleum and Newfield Exploration, Materials stocks Agrium and Cleveland-Cliffs and Industrials stock Cummins. Occidental Petroleum benefited from the rally in crude oil prices and a widening in U.S. refining margins. Newfield Exploration’s shares rose as management started its offshore gas exploration project in Malaysia and increased its production supply expectations for the remainder of the year. Agrium, a fertilizer producer, benefited from excess fertilizer demand associated with higher crop prices. Shares of Cleveland-Cliffs, an international mining company and supplier of metallurgical coal to the global steelmaking industry, appreciated significantly due to high metallurgical coal prices. Cummins, a manufacturer and designer of diesel, gas and electric engines, saw its shares rise due to the company’s increased market share, improvement in the company’s geographic and business diversification and strong credit metrics.

63

Among the top detractors from relative performance were Delta Air Lines (Industrials), UBS (Financials) and WellPoint (Health Care Services). Delta’s shares underperformed following a dramatic rise in jet fuel prices and a further weakening U.S. economy. UBS shares declined due to general concerns about liquidity and the company’s exposure to subprime-related securities. WellPoint’s shares declined following the company’s first quarter earnings shortfall which resulted from higher than expected medical reimbursement costs. General Electric (Industrials) and Bank of America (Financials) were the largest detractors on an absolute basis. General Electric’s shares declined as management announced the company would miss its earnings estimates for the first quarter, while Bank of America shares were hurt by the liquidity and subprime concerns affecting the entire financial sector.

What is the outlook?

The U.S. economic outlook deteriorated in the second quarter, as the extended housing downturn and oil-price shocks reverberated through the system. Rising food and energy prices continue to pressure consumer confidence and spending levels. Although the Federal Reserve held interest rates steady at its June 2008 meeting, pressure is mounting to hike interest rates to combat rising inflation.

In this environment, the Fund maintains a somewhat defensive posture via an overweight to Consumer Staples and underweights to Financials and Consumer Discretionary sectors relative to the Russell 1000 Value Index. During the period, we made some incremental moves in the Fund to enhance these positions. Exposure to the Consumer Staples sector increased as we established positions in Food & Beverage. The Fund’s underweight to Consumer Discretionary increased as we reduced our Retailing exposure in favor of less economically sensitive companies.

* As disclosed in the Fund’s prospectus, as of July 1, 2008, John R. Ryan is no longer involved in the management of the Fund. Ms. Grimes has succeeded Mr. Ryan in the management of the Fund.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		6.4	%
Capital Goods		1.6
Consumer Cyclical		6.1
Consumer Staples		7.5
Energy		18.9
Finance		22.8
Health Care		7.7
Services		2.8
Technology		13.9
Transportation		1.6
Utilities		8.3
Short-Term Investments		2.3
Other Assets and Liabilities		0.1
Total		100.0	%

64

Hartford Value Opportunities HLS Fund inception 5/1/1996

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08
Growth of $10,000 investment

Russell 1000 Value Index is a market cap weighted measure of the performance of the 1,000 largest value-oriented companies in the Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index. Value is defined as 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. (The Russell 3000 Index is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

Investment goal — Seeks capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Value Opportunities IA		-30.59	%		7.54	%		4.55	%
Value Opportunities IB		-30.77	%		7.28	%		4.29	%
Russell 1000 Value Index		-18.78	%		8.92	%		4.91	%
Russell 3000 Value Index		-19.02	%		8.99	%		5.07	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on May 1, 2002. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

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 IA shares of the Hartford Value Opportunities HLS Fund returned -18.35% for the six-month period ended June 30, 2008, versus the returns of -13.28% for the Russell 3000 Value Index and -13.57% for the Russell 1000 Value Index. The Fund underperformed the - 13.59% return of the average fund in the Lipper Multi Cap Value VP-UF Funds 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, oil and grain prices hit new record highs and central banks became increasingly determined to fight inflation at the expense of economic growth. These negative shocks came on top of the existing concerns about the state of the U.S. economy and the health of the global financial system.

During the period, mid-cap stocks outperformed large-cap and small-cap stocks as indicated by the -3.9% return of the S&P MidCap 400 Index versus the -11.9% return of the S&P 500 Index and the -9.4% return of the Russell 2000 Index. Value stocks significantly underperformed growth stocks, as measured by the Russell 1000 Value -13.6% and Russell 1000 Growth -9.1% Indices. Within the Fund’s benchmark, Energy and Materials were the only broad sectors that posted a positive return.

Stock selection was the primary driver of the Fund’s relative (i.e. performance of the Fund as measured against the benchmark) underperformance, and was particularly weak in Industrials, Financials and Materials. Overall sector allocation also detracted modestly from the Fund’s performance. The Fund’s underweight (i.e. the Fund’s sector position was less than the benchmark position) positions in Energy and Utilities hurt relative performance; however, the Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position)

65

position in Health Care and its underweight position in Financials, helped relative performance.

The largest detractors from both absolute (i.e. total return) and benchmark relative performance were Ambac Financial (Financials), Northwest Airlines (Industrials) and R.H. Donnelley (Consumer Discretionary). Widespread uncertainty regarding Ambac’s eventual losses from its financial guaranty contracts made this municipal bond insurer a household name. The timing and execution of the company’s stock issuance was more dilutive than we expected. A significant increase in fuel costs and fears of a decline in travel demand weighed on Northwest Airline’s stock price. Yellow Pages company R.H. Donnelley’s stock price fell as investors worried about the negative impact of softer advertising sales during a recession on earnings and cash flow, given the company’s financial leverage.

The largest contributors to relative performance included Energy companies Arch Coal and Newfield Exploration, Comcast (Consumer Discretionary) and Wyeth (Health Care). U.S. coal producer Arch’s shares benefited from production cuts in Australia and strong international demand, caused by a favorable pricing environment. Oil and natural gas explorer Newfield Exploration’s shares rose due to a sharp increase in prices and positive performance from several of its fields which allowed the company to raise its production estimates. Comcast’s shares rose following solid first quarter results. Drug-maker Wyeth’s shares increased on news that the company’s Alzheimer’s drug Bapineuzumab helped a large subgroup of the patient population during Phase II clinical trials.

In addition, the Fund’s relative return benefited from our decision to avoid General Electric (Industrials), whose shares declined as management announced the company would miss its earnings estimates for the first quarter.

What is the outlook?

Record oil and food prices, lingering credit market distress, and a new determination of central banks to fight inflation are negative shocks to the global economy. We believe the dynamic growth environment in key emerging markets such as China, Brazil, Russia and the Middle East should prevent an outright global recession, but the odds of such a case have risen. We believe inflation in the U.S. and Europe is likely to peak in coming months and should be held back in 2009 by the expected cyclical weakness. Medium-term, inflation will remain a concern as the expanding Emerging Markets will keep the pressure on commodities to drift higher.

We did not make any major shifts to the Fund’s positioning during the period, with most of the variances in relative weighting coming from price performance. We retained our largest overweighting in Information Technology, concentrated in companies with strong product positions and, in many cases, net-cash balance sheets. At the end of the period, we remained underweight in sectors perceived as “safe” such as Utilities and Telecommunication Services.

Against the backdrop of great concern over consumer and real estate credit, we are looking for enticing opportunities to reduce our Financials sector underweight, with a preference for those companies who have already taken steps to fill in any capital holes created by poor lending or asset purchase decisions. We would also anticipate starting to invest more aggressively in Consumer Discretionary names as earnings expectations for the sector are reset lower.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		5.9	%
Capital Goods		6.4
Consumer Cyclical		4.9
Consumer Staples		8.6
Energy		12.0
Finance		25.6
Health Care		13.4
Services		7.4
Technology		12.0
Transportation		2.7
Utilities		1.0
Short-Term Investments		11.0
Other Assets and Liabilities		(10.9	)
Total		100.0	%

66

Hartford Advisers HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 67.2%
		Basic Materials — 3.4%
	1,694	Alcoa, Inc.	$	60,351
	351	ArcelorMittal ADR (G)		34,783
	934	Cameco Corp.		40,019
	362	Freeport-McMoRan Copper & Gold, Inc. (G)		42,435
	1,056	International Paper Co.		24,612
				202,200
		Consumer Cyclical — 5.9%
	11,241	Buck Holdings L.P. (A)(D)(H)		10,117
	5,002	Ford Motor Co. (D)(G)		24,059
	720	Honda Motor Co., Ltd.		24,575
	1,846	Kohl’s Corp. (D)		73,910
	2,486	Lowe’s Co., Inc.		51,576
	326	Nordstrom, Inc. (G)		9,881
	115	Reliance Industries GDR (I)		11,171
	1,216	Safeway, Inc. (G)		34,702
	2,306	Staples, Inc. (G)		54,760
	993	Supervalu, Inc.		30,674
	532	Wal-Mart Stores, Inc.		29,904
				355,329
		Consumer Staples — 1.8%
	49	Bunge Ltd. Finance Corp. (G)		5,266
	6	Japan Tobacco, Inc.		24,399
	794	PepsiCo, Inc.		50,484
	448	Procter & Gamble Co.		27,231
				107,380
		Energy — 7.5%
	239	Canadian Natural Resources Ltd.		23,960
	897	Chesapeake Energy Corp. (G)		59,186
	201	EnCana Corp.		18,286
	1,271	Exxon Mobil Corp.		112,031
	726	Hess Corp.		91,639
	1,318	Marathon Oil Corp.		68,349
	1,334	OAO Gazprom Class S ADR		77,360
				450,811
		Finance — 12.2%
	1,608	American International Group, Inc.		42,537
	1,623	Bank of America Corp.		38,742
	1,506	Capital One Financial Corp. (G)		57,239
	2,026	Citigroup, Inc.		33,954
	2,531	Discover Financial Services, Inc. (G)		33,333
	1,597	Federal Home Loan Mortgage Corp. (G)		26,184
	1,627	Federal National Mortgage Association (G)		31,745
	380	Goldman Sachs Group, Inc.		66,479
	2,839	Invesco Ltd.		68,077
	271	Julius Baer Holding Ltd.		18,204
	1,774	Lehman Brothers Holdings, Inc. (G)		35,151
	5,556	Sovereign Bancorp, Inc. (G)		40,894
	491	State Street Corp.		31,387
	67	UBS AG (D)		1,401
	1,882	UBS AG Reg (D)(G)		38,882
	2,599	UnitedHealth Group, Inc.		68,229
	1,074	Wachovia Corp. (G)		16,671
	3,956	Washington Mutual, Inc. (G)		19,502
	4,194	Washington Mutual, Inc. with Warrants †(H)		18,610
	1,854	Western Union Co. (G)		45,841
				733,062
		Health Care — 10.7%
	457	Astellas Pharma, Inc.		19,426
	563	AstraZeneca plc		23,944
	662	Daiichi Sankyo Co., Ltd.		18,245
	520	Eisai Co., Ltd.		18,369
	2,280	Elan Corp. plc ADR (D)(G)		81,051
	1,265	Eli Lilly & Co.		58,383
	557	Genentech, Inc. (D)		42,292
	1,378	Medtronic, Inc.		71,327
	514	Sanofi-Aventis S.A. ADR (G)		17,090
	3,221	Schering-Plough Corp.		63,422
	2,656	Shionogi & Co., Ltd.		52,588
	480	UCB S.A.		17,699
	697	Vertex Pharmaceuticals, Inc. (D)		23,332
	987	Walgreen Co.		32,100
	2,106	Wyeth		100,989
				640,257
		Services — 7.6%
	541	Accenture Ltd. Class A		22,042
	5,392	Comcast Corp. Class A		102,277
	594	FedEx Corp.		46,825
	899	Monster Worldwide, Inc. (D)(G)		18,534
	4,848	Time Warner, Inc. (G)		71,746
	1,165	United Parcel Service, Inc. Class B		71,600
	1,362	Viacom, Inc. Class B (D)		41,580
	1,404	Waste Management, Inc.		52,941
	3,615	XM Satellite Radio Holdings, Inc. Class A (D)(G)		28,345
				455,890
		Technology — 17.1%
	3,462	Applied Materials, Inc. (G)		66,080
	398	Canon, Inc.		20,498
	4,338	Cisco Systems, Inc. (D)		100,893
	1,041	Electronic Arts, Inc. (D)		46,269
	3,005	Flextronics International Ltd. (D)(G)		28,251
	5,213	General Electric Co.		139,138
	88	Google, Inc. (D)		46,378
	2,221	Infineon Technologies AG (D)		18,945
	3,923	Intel Corp.		84,268
	754	Lam Research Corp. (D)		27,239
	437	Lockheed Martin Corp.		43,065
	3,288	Maxim Integrated Products, Inc.		69,547
	2,189	MetroPCS Communications, Inc. (D)(G)		38,765
	4,244	Microsoft Corp.		116,755
	2,666	NetApp, Inc. (D)(G)		57,748
	635	Nokia Corp.		15,567
	23	Nortel Networks Corp. (D)		185
	1,428	Qualcomm, Inc.		63,378
	198	Siemens AG ADR		21,773
	813	Yahoo!, Inc. (D)(G)		16,797
				1,021,539
		Transportation — 0.5%
	5,053	Delta Air Lines, Inc. (D)(G)		28,801
		Utilities — 0.5%
	785	Suntech Power Holdings Co., Ltd. ADR (D)(G)		29,406
		Total common stock (cost $4,663,128)	$	4,024,675

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

­ ­  67  ­ ­

Hartford Advisers HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 4.2%
		Finance — 4.2%
		Asset Securitization Corp.
$	17,200	6.93%, 02/14/2043	$	17,983
		Banc of America Commercial Mortgage, Inc.
	4,590	5.35%, 09/10/2047 (L)		4,412
		Bear Stearns Commercial Mortgage Securities, Inc.
	9,575	5.15%, 10/12/2042 (L)		9,194
	13,550	5.54%, 10/12/2041		12,965
		BMW Vehicle Lease Trust
	10,000	4.64%, 11/16/2009		10,074
		Capital Automotive Receivables Asset Trust
	12,600	5.04%, 05/17/2010		12,720
		Citibank Credit Card Issuance Trust
	11,945	5.65%, 09/20/2019		11,736
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	7,000	5.40%, 07/15/2044 (L)		6,750
		Commercial Mortgage Pass-Through Certificates
	5,000	5.12%, 06/10/2044		4,776
		Countrywide Home Loans, Inc.
	3,301	5.25%, 11/25/2035 (L)		3,011
		Credit Suisse Mortgage Capital Certificates
	7,365	5.47%, 09/15/2039		7,001
		Ford Credit Automotive Owner Trust
	11,228	5.26%, 10/15/2010		11,340
		GSR Mortgage Loan Trust
	7,029	5.78%, 05/25/2047 (L)		6,532
		Harley-Davidson Motorcycle Trust
	3,811	2.53%, 11/15/2011		3,806
	12,375	5.21%, 06/17/2013		12,605
		Household Automotive Trust
	7,063	5.28%, 09/17/2011		7,121
		JP Morgan Chase Commercial Mortgage Security Corp.
	6,305	5.34%, 12/15/2044 (L)		6,073
	7,755	5.48%, 12/12/2044 (L)		7,430
	6,500	6.07%, 04/15/2045 (L)		6,385
		Marriott Vacation Club Owner Trust
	1,544	5.36%, 10/20/2028 (I)		1,486
		Merrill Automotive Trust Securitization
	7,941	5.43%, 01/15/2010		7,989
		Merrill Lynch Mortgage Trust
	5,000	5.05%, 07/12/2038		4,754
		Morgan Stanley Capital I
	9,580	5.23%, 09/15/2042 (G)		9,212
		Residential Accredit Loans, Inc.
	8,806	5.23%, 02/25/2035 (L)		7,108
		Sequoia Mortgage Trust
	10,349	5.76%, 02/20/2047 (L)		9,868
		Susquehanna Automotive Lease Trust
	4,615	5.21%, 03/16/2009 (I)		4,625
		USAA Automotive Owner Trust
	11,285	4.50%, 10/15/2013		11,174
	7,580	5.36%, 02/15/2011		7,657
		Wells Fargo Mortgage Backed Securities Trust
	8,011	4.54%, 03/25/2035 (L)		7,737
	11,174	5.54%, 04/25/2036 (L)		10,841
	5,476	6.02%, 09/25/2036 (L)		5,316
		Total asset & commercial mortgage backed securities (cost $255,044)	$	249,681
CORPORATE BONDS: INVESTMENT GRADE — 15.4%
		Capital Goods — 0.2%
		Pitney Bowes, Inc.
$	4,775	5.75%, 09/15/2017	$	4,747
		Xerox Corp.
	6,000	5.50%, 05/15/2012		5,931
				10,678
		Consumer Cyclical — 0.8%
		DaimlerChrysler NA Holdings Corp.
	5,400	5.88%, 03/15/2011		5,469
	9,550	6.50%, 11/15/2013		9,903
		Federated Retail Holdings, Inc.
	3,084	5.90%, 12/01/2016		2,679
		Lowe’s Co., Inc.
	6,475	6.65%, 09/15/2037		6,312
		SCL Term Aereo Santiago S.A.
	10,465	6.95%, 07/01/2012 (I)		10,984
		Target Corp.
	14,200	5.88%, 11/01/2008		14,307
				49,654
		Consumer Staples — 1.2%
		Cargill, Inc.
	6,015	5.60%, 09/15/2012 (I)		6,061
		Coca-Cola Enterprises, Inc.
	6,500	6.75%, 09/15/2028		6,908
	500	8.50%, 02/01/2022		614
		ConAgra Foods, Inc.
	6,537	7.88%, 09/15/2010		6,910
		Diageo Capital plc
	9,825	4.38%, 05/03/2010		9,835
		Kraft Foods, Inc.
	12,275	6.25%, 06/01/2012		12,540
		PepsiAmericas, Inc.
	13,400	6.38%, 05/01/2009		13,723
		Procter & Gamble Co.
	11,953	9.36%, 01/01/2021		15,019
		Weyerhaeuser Co.
	2,975	7.38%, 03/15/2032		2,951
				74,561
		Energy — 0.3%
		Atmos Energy Corp.
	5,875	6.35%, 06/15/2017		5,805
		Weatherford International Ltd.
	11,000	5.95%, 06/15/2012		11,217
				17,022
		Finance — 8.1%
		Ace INA Holdings, Inc.
	9,800	5.88%, 06/15/2014		9,824
		American Express Centurion Bank
	12,670	6.00%, 09/13/2017		12,225

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

­ ­  68  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		American International Group, Inc.
$	1,200	6.25%, 03/15/2037	$	939
		AXA Financial, Inc.
	15,000	7.00%, 04/01/2028		15,046
		Bank of America Corp.
	10,000	5.88%, 02/15/2009		10,110
		Bank of New York Mellon Corp.
	6,345	4.95%, 11/01/2012		6,327
		BB&T Corp.
	4,830	4.90%, 06/30/2017		4,127
		Berkshire Hathaway Finance Corp.
	10,500	4.85%, 01/15/2015		10,342
		Brandywine Operating Partnership
	9,585	6.00%, 04/01/2016		8,525
		Capital One Bank
	3,750	6.50%, 06/13/2013		3,672
		Capital One Capital IV
	4,125	6.75%, 02/17/2037		3,082
		Capital One Financial Corp.
	3,900	5.70%, 09/15/2011		3,709
		Cincinnati Financial Corp.
	10,000	6.92%, 05/15/2028		9,894
		CIT Group, Inc.
	5,995	7.63%, 11/30/2012 (G)		4,983
		Citigroup, Inc.
	6,500	3.63%, 02/09/2009		6,491
	8,800	6.00%, 10/31/2033		7,390
	1,000	6.50%, 01/18/2011		1,028
		Credit Suisse First Boston USA, Inc.
	8,920	4.88%, 01/15/2015		8,509
		Developers Diversified Realty Corp.
	7,900	5.38%, 10/15/2012		7,411
		Discover Financial Services, Inc.
	7,220	6.45%, 06/12/2017		6,102
		Eaton Vance Corp.
	3,180	6.50%, 10/02/2017		3,208
		Everest Reinsurance Holdings, Inc.
	4,525	5.40%, 10/15/2014		4,346
		General Electric Capital Corp.
	12,000	6.75%, 03/15/2032		12,083
		Genworth Financial, Inc.
	8,000	6.15%, 11/15/2066		6,289
		Goldman Sachs Group, Inc.
	11,000	5.30%, 02/14/2012		11,071
	6,000	5.63%, 01/15/2017		5,559
	6,000	6.45%, 05/01/2036		5,350
		Health Care Properties
	9,780	6.00%, 01/30/2017		8,417
		HSBC Bank USA
	11,550	3.88%, 09/15/2009		11,409
		HSBC Finance Corp.
	12,500	5.50%, 01/19/2016		12,008
		International Lease Finance Corp.
	10,500	5.00%, 09/15/2012		9,110
	6,350	5.63%, 09/15/2010		6,189
		Jackson National Life Insurance Co.
	12,650	8.15%, 03/15/2027 (I)		13,896
		John Deere Capital Corp.
	8,320	4.88%, 10/15/2010		8,433
		JP Morgan Chase & Co.
	14,375	5.13%, 09/15/2014		13,977
		KeyCorp Capital II
	750	6.88%, 03/17/2029		582
		Kimco Realty Corp.
	7,880	5.78%, 03/15/2016		7,269
		Lehman Brothers Holdings, Inc.
	11,000	5.25%, 02/06/2012		10,410
	5,000	6.50%, 07/19/2017		4,626
		Liberty Mutual Group, Inc.
	8,750	5.75%, 03/15/2014 (G)(I)		8,446
		Liberty Property L.P.
	1,325	6.63%, 10/01/2017		1,239
		Merrill Lynch & Co., Inc.
	11,000	5.00%, 02/03/2014		9,962
	1,000	6.40%, 08/28/2017		927
		Morgan Stanley
	13,000	5.38%, 10/15/2015		11,894
	6,000	5.45%, 01/09/2017		5,449
		National City Corp.
	4,250	6.88%, 05/15/2019		3,134
		New England Mutual Life Insurance Co.
	30,000	7.88%, 02/15/2024 (I)		34,477
		Prologis Trust
	6,500	5.63%, 11/15/2016		6,020
		Prudential Financial, Inc.
	8,000	5.50%, 03/15/2016		7,806
	3,500	5.80%, 06/15/2012		3,570
		Realty Income Corp.
	4,830	6.75%, 08/15/2019		4,549
		Republic New York Capital I
	500	7.75%, 11/15/2026		476
		Santander Central Hispano Issuances Ltd.
	1,250	7.63%, 11/03/2009		1,282
		Simon Property Group L.P.
	15,100	6.10%, 05/01/2016		14,775
		Sovereign Bancorp, Inc.
	4,795	8.75%, 05/30/2018		4,573
		Sovereign Capital Trust IV
	7,250	7.91%, 06/13/2036		5,791
		Torchmark Corp.
	14,600	8.25%, 08/15/2009		15,242
		UnitedHealth Group, Inc.
	5,500	4.75%, 02/10/2014		5,105
	2,500	5.50%, 11/15/2012		2,453
		US Bank NA
	9,900	4.95%, 10/30/2014		9,760
		Wachovia Corp.
	10,000	5.25%, 08/01/2014		9,311
		WEA Finance LLC
	5,000	7.13%, 04/15/2018 (I)		5,125
		Wells Fargo Bank NA
	13,000	4.75%, 02/09/2015		12,400
	1,000	6.45%, 02/01/2011		1,045
		Willis North America, Inc.
	2,760	5.63%, 07/15/2015		2,481
	2,910	6.20%, 03/28/2017		2,571
				483,831

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

­ ­  69  ­ ­

Hartford Advisers HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		Health Care — 0.7%
		AstraZeneca plc
$	6,330	5.40%, 09/15/2012	$	6,473
		Becton, Dickinson & Co.
	9,000	6.70%, 08/01/2028		9,427
		CVS Corp.
	7,725	6.13%, 08/15/2016		7,791
		Schering-Plough Corp.
	9,000	5.55%, 12/01/2013		9,060
		Wyeth
	8,000	7.25%, 03/01/2023		8,592
				41,343
		Services — 1.0%
		Comcast Corp.
	15,000	5.90%, 03/15/2016		14,656
		COX Communications, Inc.
	9,000	5.45%, 12/15/2014		8,649
		Time Warner, Inc.
	5,530	5.50%, 11/15/2011		5,449
		United Parcel Service, Inc.
	12,000	4.50%, 01/15/2013		12,024
		Viacom, Inc.
	15,020	6.88%, 04/30/2036		14,105
		Wyndham Worldwide Corp.
	3,100	6.00%, 12/01/2016		2,738
				57,621
		Technology — 1.6%
		AT&T, Inc.
	2,510	6.80%, 05/15/2036		2,515
		BellSouth Telecommunications
	10,000	6.38%, 06/01/2028		9,610
	650	7.00%, 12/01/2095		608
		Deutsche Telekom International Finance B.V.
	8,500	8.75%, 06/15/2030		9,753
		Fiserv, Inc.
	6,400	6.13%, 11/20/2012		6,432
		General Electric Co.
	12,925	5.00%, 02/01/2013		13,018
		Hewlett-Packard Co.
	6,000	5.25%, 03/01/2012		6,147
		Intuit, Inc.
	7,900	5.40%, 03/15/2012		7,828
		SBC Communications
	4,825	6.45%, 06/15/2034		4,658
		Siemens Finance
	14,325	5.75%, 10/17/2016 (I)		14,344
		Time Warner Cable, Inc.
	4,580	5.85%, 05/01/2017		4,350
		Verizon Communications, Inc.
	5,000	5.35%, 02/15/2011		5,105
		Verizon Global Funding Corp.
	500	7.25%, 12/01/2010		531
	9,500	7.75%, 12/01/2030		10,206
				95,105
		Transportation — 0.2%
		Continental Airlines, Inc.
	4,140	5.98%, 04/19/2022		3,426
		Southwest Airlines Co.
	8,700	5.75%, 12/15/2016		8,167
	3,449	6.15%, 08/01/2022 (G)		3,240
				14,833
		Utilities — 1.3%
		Consolidated Edison Co. of NY
	4,605	5.30%, 12/01/2016		4,490
		Enel Finance International
	4,045	6.80%, 09/15/2037 (I)		4,079
		Indianapolis Power and Light
	8,000	6.60%, 06/01/2037 (I)		7,766
		Kinder Morgan Energy Partners L.P.
	10,000	6.95%, 01/15/2038		9,925
		MidAmerican Energy Co.
	6,000	5.65%, 07/15/2012		6,155
		Northern Border Pipeline Co.
	17,285	7.75%, 09/01/2009		17,888
		Northern States Power Co.
	11,750	6.20%, 07/01/2037		11,856
		Southern California Edison Co.
	8,000	5.55%, 01/15/2037		7,477
		Taqa Abu Dhabi National Energy Co.
	3,200	5.62%, 10/25/2012 (I)		3,224
	3,335	5.88%, 10/27/2016 (I)		3,268
		TransCanada Pipelines Ltd.
	750	6.49%, 01/21/2009		761
				76,889
		Total corporate bonds: investment grade (cost $944,787)	$	921,537
MUNICIPAL BONDS — 0.4%
		General Obligations — 0.3%
		Oregon School Boards Association, Taxable Pension
$	10,000	4.76%, 06/30/2028	$	9,274
		State of Illinois, Taxable Pension
	10,000	5.10%, 06/01/2033		9,414
				18,688
		Prerefunded — 0.1%
		New Jersey Econ DA
	5,000	5.25%, 06/15/2021		5,423
		Total municipal bonds (cost $25,306)	$	24,111
U.S. GOVERNMENT AGENCIES — 2.9%
		Federal Home Loan Mortgage Corporation — 0.8%
		Mortgage Backed Securities:
$	42,822	6.50%, 2035 — 2036	$	44,206
		Remic — Pac’s:
	1,886	2.50%, 2013		1,882
				46,088

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

­ ­  70  ­ ­

Principal					Market
Amount					Value (W)
U.S. GOVERNMENT AGENCIES — (continued)
		Federal National Mortgage Association — 0.4%
		Mortgage Backed Securities:
$	24,432	5.50%, 2036 — 2037			$	24,115
	101	6.50%, 2036				104
						24,219
		Government National Mortgage Association — 1.0%
		Mortgage Backed Securities:
	39,573	5.50%, 2037				39,448
	8,119	6.00%, 2024 — 2035				8,285
	2,843	6.50%, 2026 — 2035				2,955
	10,427	7.00%, 2031 — 2033				11,086
	1,636	8.00%, 2026 — 2031				1,791
	138	9.00%, 2016 — 2022				150
		Remic — Pac’s:
	98	7.50%, 2035				104
						63,819
		Other Government Agencies — 0.7%
		Small Business Administration
		Participation Certificates:
	33,324	8.95%, 2022				42,646
		Total U.S. government agencies (cost $169,343)			$	176,772
U.S. GOVERNMENT SECURITIES — 9.1%
		Other Direct Federal Obligations — 2.3%
		Federal Financing Corporation:
$	17,617	4.40%, 2013 (M)			$	14,260
		Federal Home Loan Bank:
	6,000	4.88%, 2011				6,201
		Tennessee Valley Authority:
	64,300	4.38%, 2015				63,687
	50,000	6.00%, 2013				53,742
						117,429
						137,890
		U.S. Treasury Securities — 6.8%
		U.S. Treasury Bonds:
	37,000	4.38%, 2038 (G)				36,063
	25,200	5.38%, 2031 (G)				27,999
	33,650	6.25%, 2023 (G)				40,036
						104,098
		U.S. Treasury Notes:
	118,300	3.50%, 2010 (G)				120,296
	100,000	3.88%, 2018 (G)				99,164
	40,135	4.13%, 2010 (G)				41,352
	13,000	4.50%, 2017				13,540
	6,425	4.63%, 2016				6,777
	19,950	4.75%, 2012 (G)				21,096
						302,225
						406,323
		Total U.S. government securities (cost $530,255)			$	544,213
		Total long-term investments (cost $6,587,863)			$	5,940,989
SHORT-TERM INVESTMENTS — 12.4%
		Repurchase Agreements — 0.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $10,124, collateralized by FNMA 5.50%, 2038, value of $10,325)
$	10,123	2.50% dated 06/30/2008			$	10,123
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $10,934, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $11,151)
	10,933	2.40% dated 06/30/2008				10,933
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,840, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $1,876)
	1,839	2.70% dated 06/30/2008				1,839
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $16,209, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $16,532)
	16,208	2.70% dated 06/30/2008				16,208
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $22, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $22)
	22	1.80% dated 06/30/2008				22
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,628, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $4,720)
	4,628	2.55% dated 06/30/2008				4,628
						43,753
Shares
		Securities Purchased with Proceeds from Security Lending — 11.7%
		Cash Collateral Reinvestment Fund:
	700,842	Goldman Sachs FS Prime Obligation/Institutional Fund				700,842
		Total short-term investments (cost $744,595)			$	744,595
		Total investments (cost $7,332,458) (C)	111.6	%	$	6,685,584
		Other assets and liabilities	(11.6	)%		(695,313	)
		Total net assets	100.0	%	$	5,990,271

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

­ ­  71  ­ ­

Hartford Advisers HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

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 12.20% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $7,371,991 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	201,543
Unrealized Depreciation		(887,950	)
Net Unrealized Depreciation	$	(686,407	)

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $28,727, which represents 0.48% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $128,952, which represents 2.15% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2008.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(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		11,241	Buck Holdings L.P.	$	11,253
04/2008		4,194	Washington Mutual, Inc. with Warrants		36,700

	The aggregate value of these securities at June 30, 2008 was $28,727 which represents 0.48% of total net assets.
DA	— Development Authority

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	262,994	$	258,836		09/03/08	$	(4,158	)
Japanese Yen (Sell)		5,994		6,038		07/03/08		44
							$	(4,114	)

(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.

­ ­  72  ­ ­

Hartford Capital Appreciation HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.2%
		Basic Materials — 19.0%
	48	Agrium, Inc.	$	5,183
	4,104	Alcoa, Inc.		146,160
	1,033	Aracruz Celulose S.A. ADR (G)		75,832
	131	Arcelor		12,900
	1,504	Arch Coal, Inc. (G)		112,868
	578	BHP Billiton Ltd. ADR (G)		49,253
	381	BHP Billiton plc		14,608
	5,290	Cameco Corp. (G)		226,786
	66	Celanese Corp. (G)		3,025
	76	Century Aluminum Co. (D)(G)		5,047
	484	Cleveland-Cliffs, Inc.		57,742
	5,468	Companhia Vale do Rio Doce ADR (G)		195,881
	1,351	Consol Energy, Inc.		151,823
	293	FMC Corp.		22,713
	104	Foundation Coal Holdings, Inc. (G)		9,177
	1,618	Freeport-McMoRan Copper & Gold, Inc. (G)		189,552
	247	Gammon Gold, Inc. (D)		2,679
	786	Holcim Ltd.		63,522
	365	Impala Platinum Holdings Ltd.		14,362
	446	Makhteshim-Agan Industries Ltd.		4,149
	1,140	Michelin (C.G.D.E.) Class B		81,551
	76	MMX Mineracao E Metalicos S.A. (D)		2,331
	150	Mobile Mini, Inc. (D)(G)		3,004
	498	Norsk Hydro ASA		7,257
	73	Outotec Oyj		4,592
	71	Owens-Illinois, Inc. (D)		2,952
	117	Peabody Energy Corp.		10,302
	30	Potash Corp. of Saskatchewan, Inc.		6,789
	1,601	Praxair, Inc. (G)		150,859
	24	Precision Castparts Corp.		2,322
	555	Rexam plc		4,264
	541	SABMiller plc		12,358
	130	Sealed Air Corp.		2,464
	1,063	Smurfit-Stone Container Corp. (D)(G)		4,328
	641	Solutia, Inc. (D)(G)		8,216
	123	Steel Dynamics, Inc. (G)		4,817
	62	Syngenta AG ADR		4,011
	867	Teck Cominco Ltd. Class B		41,812
	170	Terra Industries, Inc. (G)		8,394
	1,126	United States Steel Corp.		208,044
	91	Uralkali (I)		6,591
	1,689	Uranium One, Inc. (D)		7,950
	1,609	USEC, Inc. (D)(G)		9,782
	4,514	Vedanta Resources plc		194,961
	3,463	Xstrata plc		275,883
	269	Yamana Gold, Inc. (G)		4,443
	84	Yara International ASA		7,414
				2,440,953
		Capital Goods — 5.1%
	521	ABB Ltd. ADR (D)		14,766
	64	Alliant Techsystems, Inc. (D)(G)		6,477
	247	Baker Hughes, Inc.		21,582
	3,290	Boeing Co. (G)		216,245
	1,017	Capstone Turbine Corp. (D)(G)		4,263
	1,270	Caterpillar, Inc. (G)		93,685
	184	Cummins, Inc. (G)		12,036
	135	Deere & Co.		9,730
	142	Dril-Quip, Inc. (D)(G)		8,959
	20	Flowserve Corp.		2,775
	32	Gamesa Corporacion Tecnologica S.A.		1,542
	7,851	Hansen Transmissions (D)		41,866
	480	Honeywell International, Inc.		24,109
	128	Kennametal, Inc.		4,163
	105	Manitowoc Co., Inc. (G)		3,416
	296	Marvel Entertainment, Inc. (D)(G)		9,510
	181	National Oilwell Varco, Inc. (D)		16,085
	136	Parker-Hannifin Corp.		9,664
	615	Sandvik Ab		8,356
	121	Smith International, Inc.		10,085
	74	Textron, Inc.		3,566
	64	United Technologies Corp.		3,949
	383	Varian Semiconductor Equipment Associates, Inc. (D)(G)		13,350
	858	Vestas Wind Systems A/S (D)		111,709
				651,888
		Consumer Cyclical — 6.1%
	38	Abercrombie & Fitch Co. Class A (G)		2,357
	130	American Eagle Outfitters, Inc.		1,768
	1,787	Ariba, Inc. (D)(G)		26,283
	132	Big Lots, Inc. (D)(G)		4,111
	29,056	Buck Holdings L.P. (A)(D)(H)		26,150
	164	Coach, Inc. (D)		4,748
	75	Costco Wholesale Corp. (G)		5,232
	383	Dick’s Sporting Goods, Inc. (D)(G)		6,791
	199	Dufry South America Ltd.		4,188
	143	eBay, Inc. (D)		3,903
	36,711	Ford Motor Co. (D)(G)		176,579
	266	Hill International Inc. (D)		4,371
	421	Home Depot, Inc.		9,867
	632	Kohl’s Corp. (D)		25,313
	2,881	Liz Claiborne, Inc. (G)		40,771
	108	MDC Holdings, Inc.		4,218
	361	Mitsui & Co., Ltd.		7,968
	4,742	Newell Rubbermaid, Inc.		79,610
	156	NIKE, Inc. Class B (G)		9,305
	6	Nintendo Co., Ltd.		3,573
	164	Nutri/System, Inc. (G)		2,313
	6,338	Staples, Inc. (G)		150,539
	3,107	TJX Cos., Inc. (G)		97,774
	374	TRW Automotive Holdings Corp. (D)(G)		6,910
	141	UbiSoft Entertainment S.A. (D)		12,359
	415	Wal-Mart Stores, Inc.		23,329
	1,811	Whole Foods Market, Inc. (G)		42,891
	949	Wolseley plc		7,073
				790,294
		Consumer Staples — 2.0%
	205	Avon Products, Inc.		7,366
	3,607	Chaoda Modern Agriculture		4,563
	3,315	Cosan Ltd. (D)		41,928
	2,925	Cosan S.A. Industria E Comercio		50,441
	398	Dean Foods Co. (D)(G)		7,803
	130	Hansen National Corp. (D)(G)		3,741
	767	Imperial Tobacco Group plc		28,479
	2	Japan Tobacco, Inc.		8,351
	13,966	Marine Harvest (D)		10,230
	1,511	Nestle S.A.		68,088

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

­ ­  73  ­ ­

Hartford Capital Appreciation HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Consumer Staples — (continued)
	135	PepsiCo, Inc.	$	8,578
	212	Philip Morris International, Inc.		10,461
	194	Pilgrim’s Pride Corp. (G)		2,520
	332	Unilever N.V. NY Shares ADR		9,437
				261,986
		Energy — 12.6%
	4,184	Acergy S.A.		93,235
	193	Aegean Marine Petroleum Network (G)		7,869
	67	Anadarko Petroleum Corp.		5,022
	185	Apache Corp.		25,715
	338	Brasil EcoDiesel Industria (D)		870
	242	Canadian Natural Resources Ltd.		23,971
	41	Canadian Natural Resources Ltd.		4,140
	2,463	Chesapeake Energy Corp. (G)		162,446
	111	Diamond Offshore Drilling, Inc. (G)		15,403
	2,003	Dockwise Ltd. (D)		7,457
	859	EnCana Corp.		78,063
	534	EOG Resources, Inc.		69,930
	172	Exxon Mobil Corp.		15,167
	189	Forest Oil Corp. (D)		14,051
	5,814	Halliburton Co. (G)		308,554
	669	Hess Corp.		84,425
	121	Karoon Gas Australia Ltd. (D)		525
	670	Karoon Gas Australia Ltd. Private Placement (A)(D)(H)(Q)		2,627
	1,021	Lundin Petroleum Ab (D)		15,025
	187	Marathon Oil Corp.		9,720
	244	Newfield Exploration Co. (D)		15,908
	147	Noble Energy, Inc.		14,742
	650	OAO Gazprom Class S ADR		37,701
	829	OAO Rosneft Oil Co. (K)		9,618
	82	Occidental Petroleum Corp.		7,324
	1,485	OMV AG		115,994
	145	Patterson-UTI Energy, Inc. (G)		5,233
	136	Petro-Canada		7,594
	707	Petroleo Brasileiro S.A. ADR (G)		50,091
	196	Schlumberger Ltd.		21,046
	2,735	Seadrill Ltd.		83,468
	107	St. Mary Land & Exploration Co. (G)		6,910
	461	Talisman Energy, Inc.		10,193
	175	Total S.A. ADR (G)		14,956
	229	Transocean, Inc. (G)		34,922
	77	UGI Corp. (G)		2,214
	2,000	Weatherford International Ltd. (D)		99,180
	2,001	XTO Energy, Inc.		137,069
				1,618,378
		Finance — 13.9%
	5,097	ACE Ltd.		280,794
	251	Aetna, Inc.		10,165
	64	Affiliated Managers Group, Inc. (D)(G)		5,764
	657	AMBAC Financial Group, Inc. (G)		880
	4,301	American International Group, Inc.		113,820
	209	Augsburg Re AG (A)(D)(H)		–
	192	Babcock & Brown Air Ltd. (G)		1,912
	587	Banco Bradesco S.A. (G)		12,009
	323	Banco Itau Holding Financeira S.A.		6,561
	1,043	Bank of America Corp.		24,894
	95	BNP Paribas		8,538
	653	Bolsa De Mercadorias e Futuros		5,625
	217	Bovespa Holding S.A.		2,678
	268	British Land Co. plc		3,763
	417	Capital One Financial Corp. (G)		15,860
	3,478	China Merchants Bank Co., Ltd.		10,953
	680	CIT Group, Inc. (G)		4,628
	4,203	Citigroup, Inc. (G)		70,434
	1,351	Comerica, Inc. (G)		34,631
	144	Comverse Technology, Inc. (D)		2,436
	418	Deutsche Boerse AG		47,255
	141	Discover Financial Services, Inc.		1,862
	1,935	Eurocastle Investment Ltd.		18,599
	4,400	European Capital Ltd.		42,706
	140	Everest Re Group Ltd.		11,135
	918	Federal Home Loan Mortgage Corp. (G)		15,047
	2,593	Federal National Mortgage Association (G)		50,583
	186	Genesis Lease Ltd.		1,925
	1,122	Goldman Sachs Group, Inc. (G)		196,259
	71	Humana, Inc. (D)		2,812
	1,200	Huntington Bancshares, Inc. (G)		6,926
	132,443	Industrial and Commercial Bank of China		90,555
	204	Invesco Ltd.		4,887
	399	JP Morgan Chase & Co. (G)		13,697
	1,948	Julius Baer Holding Ltd.		130,616
	1,005	Lehman Brothers Holdings, Inc. (G)		19,911
	137	Mastercard, Inc. (G)		36,350
	1	Merrill Lynch & Co., Inc. (G)		32
	215	MSCI, Inc. (D)		7,806
	153	National City Corp.		728
	308	Oaktree Capital (D)(I)		8,624
	534	ORIX Corp.		76,526
	276	PennantPark Investment Corp.		1,989
	141	Platinum Underwriters Holdings Ltd.		4,608
	367	PNC Financial Services Group, Inc.		20,950
	3,375	Royal Bank of Scotland Group plc		14,368
	13,092	Shun Tak Holdings Ltd.		12,272
	1,452	Sovereign Bancorp, Inc. (G)		10,688
	662	Standard Chartered plc		18,751
	378	TD Ameritrade Holding Corp. (D)(G)		6,840
	743	UBS AG ADR (D)		15,350
	7,266	UnitedHealth Group, Inc.		190,726
	495	Visa, Inc. (D)(G)		40,257
	2,703	Washington Mutual, Inc. (G)		13,323
	469	Washington Mutual, Inc. with Warrants (A)(H)		2,079
	350	Wellpoint, Inc. (D)(G)		16,681
	678	Western Union Co.		16,770
				1,786,838
		Health Care — 8.8%
	194	Abbott Laboratories		10,297
	224	Alkermes, Inc. (D)(G)		2,767
	2,107	Amgen, Inc. (D)		99,366
	618	Amylin Pharmaceuticals, Inc. (D)(G)		15,695
	452	Arena Pharmaceuticals, Inc. (D)(G)		2,344
	91	Astellas Pharma, Inc.		3,853
	599	AstraZeneca plc		25,461
	100	Auxilium Pharmaceuticals, Inc. (D)(G)		3,352

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

­ ­  74  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Health Care — (continued)
	166	Becton, Dickinson & Co.	$	13,480
	1,779	Cardinal Health, Inc.		91,761
	28	Charles River Laboratories International, Inc. (D)(G)		1,809
	219	Cie Generale d’Optique Essilor International S.A. (D)		13,386
	387	Cooper Co., Inc. (G)		14,362
	285	Coventry Health Care, Inc. (D)		8,673
	108	Covidien Ltd.		5,163
	194	Eisai Co., Ltd.		6,843
	1,898	Elan Corp. plc ADR (D)(G)		67,476
	483	Eli Lilly & Co.		22,281
	20	Genentech, Inc. (D)		1,480
	219	Genzyme Corp. (D)		15,780
	43	Herbalife Ltd.		1,682
	315	Impax Laboratories, Inc. (A)(D)(H)		2,520
	20	Intuitive Surgical, Inc. (D)(G)		5,346
	153	Invitrogen Corp. (D)(G)		6,022
	1,701	McKesson Corp.		95,120
	3,500	Medtronic, Inc.		181,125
	369	Merck & Co., Inc.		13,919
	2,640	Novavax, Inc. (D)(G)		6,573
	338	Pharmaceutical Product Development, Inc. (G)		14,483
	85	Sanofi-Aventis S.A.		5,623
	11,230	Schering-Plough Corp.		221,119
	421	Shionogi & Co., Ltd.		8,345
	2,004	Teva Pharmaceutical Industries Ltd. ADR (G)		91,765
	56	Theravance, Inc. (D)(G)		660
	191	UCB S.A.		7,055
	933	Wyeth		44,729
				1,131,715
		Services — 4.6%
	80	Accenture Ltd. Class A		3,266
	160	Aecom Technology Corp. (D)		5,189
	136	American Ecology Corp. (G)		4,025
	86	Apollo Group, Inc. Class A (D)(G)		3,797
	141	Atheros Communications, Inc. (D)(G)		4,227
	1,752	Bare Escentuals, Inc. (D)(G)		32,809
	1,674	Brookfield Asset Management, Inc.		54,469
	201	CACI International, Inc. Class A (D)(G)		9,209
	2,004	Cadence Design Systems, Inc. (D)(G)		20,235
	836	Comcast Corp. Class A		15,851
	798	Comcast Corp. Special Class A (G)		14,976
	311	Corrections Corp. of America (D)		8,535
	456	DreamWorks Animation SKG, Inc. (D)		13,599
	59	Fluor Corp.		10,923
	1,836	Focus Media Holding Ltd. ADR (D)(G)		50,907
	399	Giant Interactive Group, Inc. (D)(G)		4,831
	30	Harvey Weinstein Master L.P. (A)(D)(H)		8,872
	194	Hub Group, Inc. (D)(G)		6,618
	108	Jacobs Engineering Group, Inc. (D)		8,699
	1,816	Monster Worldwide, Inc. (D)(G)		37,432
	8,229	News Corp. Class A (G)		123,760
	375	R.H. Donnelley Corp. (D)(G)		1,125
	10,538	Shangri-La Asia Ltd.		24,692
	240	TeleTech Holdings, Inc. (D)		4,794
	137	United Parcel Service, Inc. Class B		8,403
	323	Viacom, Inc. Class B (D)(G)		9,864
	3,162	Walt Disney Co. (G)		98,642
	835	XM Satellite Radio Holdings, Inc. Class A (D)(G)		6,546
				596,295
		Technology — 22.7%
	134	Adobe Systems, Inc. (D)		5,270
	196	Akamai Technologies, Inc. (D)(G)		6,808
	2,720	Altera Corp. (G)		56,304
	3,030	Amdocs Ltd. (D)		89,134
	178	Apple, Inc. (D)		29,754
	11,054	Applied Materials, Inc. (G)		211,024
	265	Arris Group, Inc. (D)		2,238
	295	Arrow Electronics, Inc. (D)(G)		9,069
	307	ASML Holding N.V.		7,514
	8	ASML Holding N.V. ADR		190
	2,099	AT&T, Inc. (G)		70,698
	521	BMC Software, Inc. (D)(G)		18,767
	114	Brasil Telecom S.A. ADR (G)		3,652
	2,435	Broadcom Corp. Class A (D)		66,457
	311	C&D Technologies, Inc. (D)		2,631
	211	Canon, Inc.		10,872
	8,395	Cisco Systems, Inc. (D)		195,265
	249	Clearwire Corp. (D)(G)		3,230
	619	CMGI, Inc. (D)(G)		6,560
	100	Concur Technologies, Inc. (D)		3,326
	916	Corning, Inc. (G)		21,111
	223	Ctrip.Com International Ltd.		10,209
	166	Danaher Corp. (G)		12,863
	2,513	EMC Corp. (D)(G)		36,920
	438	Emerson Electric Co.		21,654
	396	Emulex Corp. (D)(G)		4,617
	75	Energy Conversion Devices, Inc. (D)(G)		5,523
	535	Energy Focus, Inc. (D)(G)		1,257
	103	Equinix, Inc. (D)(G)		9,208
	1,042	Evergreen Solar, Inc. (D)(G)		10,094
	295	Fairchild Semiconductor International, Inc. (D)(G)		3,459
	1,791	Flextronics International Ltd. (D)		16,834
	129	FLIR Systems, Inc. (D)(G)		5,229
	1,775	Foxconn International Holdings Ltd. (D)		1,722
	7,353	General Electric Co.		196,253
	387	Google, Inc. (D)		203,588
	2,737	Hewlett-Packard Co.		120,978
	22,087	Hon Hai Precision Industry Co., Ltd.		108,615
	2,657	Intel Corp. (G)		57,072
	2,348	International Business Machines Corp. (G)		278,332
	—	International Rectifier Corp. (D)(G)		8
	404	JA Solar Holdings Co. Ltd. ADR (D)(G)		6,809
	884	JDS Uniphase Corp. (D)(G)		10,040
	459	Lam Research Corp. (D)(G)		16,595
	100	Leap Wireless International, Inc. (D)(G)		4,306
	273	Maxim Integrated Products, Inc.		5,783
	2,618	McAfee, Inc. (D)		89,097
	34	MEMC Electronic Materials, Inc. (D)		2,105
	1,141	MetroPCS Communications, Inc. (D)(G)		20,204
	1,906	Microsoft Corp.		52,423
	4,000	MTN Group Ltd.		63,316
	605	NetApp, Inc. (D)(G)		13,108

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

­ ­  75  ­ ­

Hartford Capital Appreciation HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	216	Netease.Com, Inc. (D)(G)	$	4,715
	191	Nokia Corp.		4,672
	500	Nokia Oyj		12,220
	551	ON Semiconductor Corp. (D)		5,055
	6,042	Oracle Corp. (D)(G)		126,886
	1,216	Orascom Telecom Holding SAE GDR		77,841
	128	PerkinElmer, Inc.		3,573
	269	QLogic Corp. (D)(G)		3,928
	3,350	Qualcomm, Inc.		148,642
	2,627	Raytheon Co.		147,881
	298	Red Hat, Inc. (D)(G)		6,159
	458	Research In Motion Ltd. (D)		53,517
	116	Rockwell Collins, Inc.		5,549
	75	Salesforce.com, Inc. (D)(G)		5,084
	160	SAVVIS, Inc. (D)(G)		2,063
	139	Shanda Interactive Entertainment Ltd. (D)		3,762
	53	Siemens AG		5,920
	75	Solar Cayman Ltd. (A)(D)(H)		1,029
	6	Sprint Nextel Corp.		58
	3,911	Taiwan Semiconductor Manufacturing Co., Ltd. ADR (D)		42,668
	1,800	TW Telecom, Inc. (D)(G)	��	28,854
	190	VeriSign, Inc. (D)(G)		7,193
	455	Virgin Media, Inc. (G)		6,187
	3,493	Vodafone Group plc		10,292
	154	Xilinx, Inc. (G)		3,899
				2,925,742
		Transportation — 1.4%
	1,375	British Airways plc		5,858
	699	Burlington Northern Santa Fe Corp. (G)		69,793
	2,815	Delta Air Lines, Inc. (D)(G)		16,044
	89	DryShips, Inc. (G)		7,136
	79	General Dynamics Corp.		6,643
	203	Grupo Aeroportuario Del ADR		3,368
	108	Kansas City Southern (D)(G)		4,760
	125	Landstar System, Inc.		6,925
	223	Norfolk Southern Corp.		13,944
	3,669	Northwest Airlines Corp. (D)(G)		24,438
	314	Ryanair Holdings plc ADR (D)(G)		8,999
	2,422	US Airways Group, Inc. (D)(G)		6,056
	272	UTI Worldwide, Inc.		5,430
				179,394
		Utilities — 1.0%
	409	Exelon Corp.		36,811
	140	Northeast Utilities		3,574
	202	Progress Energy, Inc.		8,454
	188	Sunpower Corp. (D)(G)		13,557
	1,641	Suntech Power Holdings Co., Ltd. ADR (D)(G)		61,451
				123,847
		Total common stock (cost $12,201,156)	$	12,507,330
WARRANTS — 0.7%
		Basic Materials — 0.4%
	3,220	TATA Steel Ltd. (H)	$	54,541
		Utilities — 0.3%
	2,257	Suzlon Energy Acc (D)(H)		36,976
		Total warrants (cost $119,909)	$	91,517
EXCHANGE TRADED FUNDS — 0.3%
		Other Investment Pools and Funds — 0.3%
	152	S & P 500 Depositary Receipt (G)	$	19,389
	136	S & P Mid-Cap 400 Depositary Receipts (G)		20,163
		Total exchange traded funds (cost $39,974)	$	39,552
PREFERRED STOCK — 0.0%
		Finance — 0.0%
	—	National City Corp. (A)(D)(H)(X)	$	5,066
		Total preferred stock (cost $5,900)	$	5,066
Principal
Amount (B)
CORPORATE BONDS: INVESTMENT GRADE — 0.4%
		Finance — 0.4%
		Augsburg Re AG
GBP	412	0.00%, 12/31/2049 (A)(H)(X)	$	135
		MBIA Insurance Co.
	53,500	14.00%, 01/15/2033 (I)(L)		22,203
		UBS Luxembourg S.A.
	26,500	6.23%, 02/11/2015 #		26,187
		Total corporate bonds: investment grade (cost $80,619)	$	48,525
		Total long-term investments (cost $12,447,558)	$	12,691,990
SHORT-TERM INVESTMENTS — 13.9%
		Repurchase Agreements — 1.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $49,970, collateralized by FNMA 5.50%, 2038, value of $50,966)
$	49,966	2.50% dated 06/30/2008	$	49,966
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $53,967, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $55,043)
	53,963	2.40% dated 06/30/2008		53,963
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $9,080, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $9,261)
	9,080	2.70% dated 06/30/2008		9,080

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

­ ­  76  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $80,009, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $81,603)
$	80,003	2.70% dated 06/30/2008			$	80,003
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $109, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $111)
	109	1.80% dated 06/30/2008				109
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $22,843, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $23,299)
	22,842	2.55% dated 06/30/2008				22,842
						215,963
Shares
		Securities Purchased with Proceeds from Security
		Lending — 12.2%
		Cash Collateral Reinvestment Fund:
	1,566,587	Goldman Sachs FS Prime Obligation/Institutional Fund			$	1,566,587
		Total short-term investments (cost $1,782,550)			$	1,782,550
		Total investments (cost $14,230,108) (C)	112.5	%	$	14,474,540
		Other assets and liabilities	(12.5	)%		(1,605,541	)
		Total net assets	100.0	%	$	12,868,999

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 29.76% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $14,273,738 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,773,614
Unrealized Depreciation		(1,572,812	)
Net Unrealized Appreciation	$	200,802

#	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 under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $48,478, which represents 0.38% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $37,418, which represents 0.29% 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 June 30, 2008, the market value of these securities amounted to $9,618 or 0.07% of net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2008.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at June 30, 2008 was $2,219.
(X)	Convertible 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
06/2006		412	Augsburg Re AG, 0.00%, 12/31/2049 - 144A	$	766
06/2006		209	Augsburg Re AG - 144A		67
06/2007		29,056	Buck Holdings L.P.		29,086
10/2005		30	Harvey Weinstein Master L.P. - Reg D		27,951
01/2007–
11/2007		315	Impax Laboratories, Inc.		3,114
06/2008		670	Karoon Gas Australia Ltd. Private Placement		2,219
04/2008		—	National City Corp.		5,900
03/2007		75	Solar Cayman Ltd.		1,121
12/2007–
01/2008		2,257	Suzlon Energy Acc - 144A		69,189
07/2007–
02/2008		3,220	TATA Steel Ltd. - 144A		50,720
04/2008		469	Washington Mutual, Inc. with Warrants		4,100

The aggregate value of these securities at June 30, 2008 was $139,995 which represents 1.09% of total net assets.

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

­ ­  77  ­ ­

Hartford Capital Appreciation HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Australian Dollar (Buy)	$	27	$	27		07/01/08	$	—
Australian Dollar (Buy)		25		25		07/02/08		—
Australian Dollar (Buy)		25		25		07/03/08		—
British Pound (Buy)		93		93		07/01/08		—
British Pound (Buy)		13,745		13,756		07/02/08		(11	)
British Pound (Buy)		1,778		1,778		07/03/08		—
British Pound (Sell)		13,310		13,104		07/31/08		(206	)
British Pound (Sell)		8,673		8,545		09/05/08		(128	)
Euro (Sell)		5,118		5,127		07/02/08		9
Euro (Sell)		780,115		718,618		12/19/08		(61,497	)
Hong Kong Dollar (Buy)		337		337		07/03/08		—
Japanese Yen (Buy)		136		134		07/01/08		2
Japanese Yen (Sell)		1,619		1,617		07/02/08		(2	)
Japanese Yen (Sell)		1,276		1,285		07/03/08		9
Norwegian Krone (Buy)		116		117		07/01/08		(1	)
Norwegian Krone (Sell)		1,267		1,273		07/02/08		6
Norwegian Krone (Sell)		460		461		07/03/08		1
South African Rand (Sell)		933		911		07/01/08		(22	)
South African Rand (Sell)		430		425		07/02/08		(5	)
Swedish Krona (Buy)		1,297		1,306		07/01/08		(9	)
Swiss Franc (Sell)		4,366		4,377		07/02/08		11
							$	(61,843	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		0.4	%
Austria		0.9
Belgium		0.4
Brazil		3.5
Canada		4.1
China		1.9
Denmark		0.9
Egypt		0.6
Finland		0.2
France		1.1
Germany		0.7
Greece		0.1
Hong Kong		0.3
India		0.3
Ireland		0.6
Israel		0.8
Japan		1.0
Luxembourg		1.4
Netherlands		0.2
Norway		0.8
Russia		0.4
South Africa		0.6
Sweden		0.2
Switzerland		2.3
Taiwan		1.2
United Kingdom		4.9
United States		68.8
Short-Term Investments		13.9
Other Assets and Liabilities		(12.5	)
Total		100.0	%

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

­ ­  78  ­ ­

Hartford Disciplined Equity HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.4%
		Basic Materials — 2.8%
	51	Freeport-McMoRan Copper & Gold, Inc. (G)	$	5,953
	405	Kimberly-Clark Corp.		24,217
	96	Owens-Illinois, Inc. (D)		4,007
	55	United States Steel Corp. (G)		10,218
				44,395
		Capital Goods — 3.2%
	95	Deere & Co.		6,845
	407	Parker-Hannifin Corp.		29,052
	1,100	Xerox Corp. (G)		14,916
				50,813
		Consumer Cyclical — 9.8%
	438	Avnet, Inc. (D)		11,935
	223	BJ’s Wholesale Club, Inc. (D)(G)		8,622
	150	Costco Wholesale Corp. (G)		10,500
	1,613	Gap, Inc. (G)		26,880
	644	Ingram Micro, Inc. (D)		11,438
	117	Mosaic Co. (D)(U)		16,916
	417	NIKE, Inc. Class B		24,863
	263	TJX Cos., Inc.		8,274
	598	Wal-Mart Stores, Inc.		33,585
				153,013
		Consumer Staples — 4.0%
	62	Bunge Ltd. Finance Corp. (G)		6,677
	209	Hormel Foods Corp. (G)		7,240
	268	PepsiCo, Inc.		17,036
	656	Philip Morris International, Inc.		32,399
				63,352
		Energy — 13.6%
	199	Chevron Corp.		19,747
	407	ConocoPhillips Holding Co.		38,379
	271	Exxon Mobil Corp.		23,874
	259	Halliburton Co. (G)		13,751
	273	Hess Corp. (U)		34,500
	662	Marathon Oil Corp.		34,338
	537	Occidental Petroleum Corp. (U)		48,228
				212,817
		Finance — 20.8%
	569	ACE Ltd.		31,341
	525	Aetna, Inc.		21,282
	451	Allied World Assurance Holdings Ltd.		17,857
	356	American International Group, Inc.		9,415
	588	Assurant, Inc.		38,804
	579	Axis Capital Holdings Ltd.		17,254
	903	Bank of America Corp.		21,545
	346	Capital One Financial Corp. (G)		13,136
	385	Everest Re Group Ltd.		30,704
	198	Goldman Sachs Group, Inc.		34,630
	464	Invesco Ltd.		11,136
	381	Lehman Brothers Holdings, Inc. (G)		7,556
	330	State Street Corp. (G)		21,123
	660	UnitedHealth Group, Inc.		17,322
	486	Unum Group		9,939
	321	Washington Mutual, Inc.		1,584
	916	Western Union Co.		22,646
				327,274
		Health Care — 13.3%
	153	Abbott Laboratories		8,099
	426	Amgen, Inc. (D)(G)		20,104
	340	Amylin Pharmaceuticals, Inc. (D)(G)		8,633
	1,055	Bristol-Myers Squibb Co.		21,657
	178	Cephalon, Inc. (D)(G)		11,891
	639	Eli Lilly & Co.		29,506
	753	Forest Laboratories, Inc. (D)		26,159
	102	Gilead Sciences, Inc. (D)		5,417
	583	McKesson Corp.		32,612
	1,186	Schering-Plough Corp. (U)		23,348
	142	Universal Health Services, Inc. Class B		8,954
	281	Watson Pharmaceuticals, Inc. (D)(G)		7,638
	101	Wyeth		4,854
				208,872
		Services — 7.8%
	425	Accenture Ltd. Class A		17,298
	227	Apollo Group, Inc. Class A (D)(G)		10,047
	557	Autodesk, Inc. (D)		18,842
	679	DirecTV Group, Inc. (D)(G)		17,596
	404	DISH Network Corp. (D)(U)		11,814
	265	Expedia, Inc. (D)(G)		4,874
	255	Manpower, Inc. (G)		14,863
	259	Viacom, Inc. Class B (D)		7,910
	604	Walt Disney Co.		18,845
				122,089
		Technology — 19.0%
	1,106	AT&T, Inc.		37,246
	471	BMC Software, Inc. (D)		16,938
	295	CenturyTel, Inc.		10,488
	470	Corning, Inc. (G)		10,836
	330	Dover Corp.		15,977
	951	Hewlett-Packard Co. (U)		42,052
	256	Intel Corp. (G)		5,501
	68	International Business Machines Corp.		8,107
	342	Lam Research Corp. (D)		12,356
	363	Lockheed Martin Corp.		35,853
	1,236	Microsoft Corp.		34,011
	464	NetApp, Inc. (D)(G)		10,041
	1	Nortel Networks Corp. (D)		12
	1,262	Oracle Corp. (D)		26,500
	282	Qualcomm, Inc.		12,495
	77	Raytheon Co.		4,328
	403	Seagate Technology		7,715
	226	VeriSign, Inc. (D)(G)(U)		8,528
				298,984
		Utilities — 5.1%
	509	Duke Energy Corp.		8,851
	127	Entergy Corp. (G)		15,253
	130	Exelon Corp.		11,668
	173	FirstEnergy Corp.		14,276

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

­ ­  79  ­ ­

Hartford Disciplined Equity HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

						Market
Shares						Value (W)
COMMON STOCK — (continued)
		Utilities — (continued)
	306	FPL Group, Inc.				$	20,048
	213	Public Service Enterprise Group, Inc.					9,783
							79,879
		Total common stock (cost $1,577,881)				$	1,561,488
Principal			��
Amount
SHORT-TERM INVESTMENTS — 7.3%
		Repurchase Agreements — 0.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $984, collateralized by FNMA 5.50%, 2038, value of $1,003)
$	983	2.50% dated 06/30/2008				$	983
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,062, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $1,083)
	1,062	2.40% dated 06/30/2008					1,062
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $179, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $182)
	179	2.70% dated 06/30/2008					179
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,575, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $1,606)
	1,575	2.70% dated 06/30/2008					1,575
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $2)
	2	1.80% dated 06/30/2008					2
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $450, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $459)
	450	2.55% dated 06/30/2008					450
							4,251
Shares
		Securities Purchased with Proceeds from Security Lending — 7.0%
		Cash Collateral Reinvestment Fund:
	109,682	Goldman Sachs FS Prime Obligation/Institutional Fund					109,682
		U.S. Treasury Bills — 0.0%
	1,000	1.24%, 07/24/2008 (M)					999
		Total short-term investments (cost $114,932)				$	114,932
		Total investments (cost $1,692,813) (C)		106.7	%	$	1,676,420
		Other assets and liabilities		(6.7	)%		(105,332	)
		Total net assets		100.0	%	$	1,571,088

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,692,859 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	161,527
Unrealized Depreciation		(177,966	)
Net Unrealized Depreciation	$	(16,439	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
(U)	At June 30, 2008, securities valued at $22,767 were designated to cover open call options written as follows (see Note 3 to accompanying Notes to Financial Statements):

	Number of		Exercise		Exercise		Market		Premiums
Issuer	Contracts*		Price		Date		Value (W)		Received
Dish Network Corp. Call		539	$	32.50		Jul 2008	$	11	$	24
Hess Corp.		318		145.00		Jul 2008		24		48
Hewlett-Packard Co. Call		709		47.50		Jul 2008		14		42
Mosaic Co. Call		260		140.00		Jul 2008		265		138
Occidental Petroleum Corp. Call		460		95.00		Jul 2008		67		72
Schering-Plough Corp. Call		1,238		22.50		Jul 2008		9		31
VeriSign, Inc. Call		498		45.00		Jul 2008		3		49
							$	393	$	404

* The number of contracts does not omit 000’s.

At June 30, 2008, cash of $3,694 was designated to cover open put options written as follows (see Note 3 to accompanying Notes to Financial Statements):

	Number of		Exercise		Exercise		Market		Premiums
Issuer	Contracts*		Price		Date		Value (W)		Received
Capital One Financial Corp. Put		534	$	40.00		Jul 2008	$	197	$	54
Freeport — McMoRan Copper & Gold, Inc. Put		104		95.00		Jul 2008		3		20
Microsoft Corp. Put		1,227		25.00		Jul 2008		17		48
							$	217	$	122

	* 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.

­ ­  80  ­ ­

Hartford Dividend and Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.8%
		Basic Materials — 7.9%
	236	AbitibiBowater, Inc. (G)	$	2,201
	965	Agrium, Inc.		103,819
	1,142	Alcoa, Inc.		40,660
	919	Barrick Gold Corp.		41,792
	590	Dow Chemical Co.		20,590
	1,742	E.I. DuPont de Nemours & Co.		74,699
	2,469	International Paper Co.		57,532
	872	Kimberly-Clark Corp.		52,128
	1,197	Pentair, Inc. (G)		41,902
	979	Rhodia S.A. (G)		18,077
	925	Rohm & Haas Co. (G)		42,952
				496,352
		Capital Goods — 3.6%
	1,443	Deere & Co.		104,069
	638	Illinois Tool Works, Inc.		30,288
	230	Parker-Hannifin Corp.		16,432
	1,405	Spirit Aerosystems Holdings, Inc. (D)		26,948
	3,647	Xerox Corp.		49,448
				227,185
		Consumer Cyclical — 7.4%
	2,029	Altria Group, Inc.		41,716
	751	Avery Dennison Corp.		32,983
	243	Avnet, Inc. (D)		6,624
	1,795	Honda Motor Co., Ltd. ADR (G)		61,097
	1,159	Limited Brands, Inc.		19,528
	1,794	Masco Corp.		28,224
	1,506	SABMiller plc		34,523
	2,588	Staples, Inc.		61,465
	2,125	Sysco Corp.		58,467
	2,231	Wal-Mart Stores, Inc.		125,365
				469,992
		Consumer Staples — 3.8%
	722	Nestle S.A. ADR		81,752
	1,176	PepsiCo, Inc.		74,757
	1,192	Procter & Gamble Co.		72,510
	330	Unilever N.V.		9,369
				238,388
		Energy — 20.2%
	1,446	Anadarko Petroleum Corp.		108,181
	595	BP plc ADR		41,359
	2,835	Chevron Corp.		280,994
	670	ConocoPhillips Holding Co.		63,251
	1,333	EnCana Corp.		121,188
	2,344	Exxon Mobil Corp.		206,609
	1,634	Marathon Oil Corp.		84,766
	775	Schlumberger Ltd.		83,226
	2,035	Total S.A. ADR		173,550
	1,698	XTO Energy, Inc.		116,313
				1,279,437
		Finance — 12.2%
	1,199	ACE Ltd.		66,025
	1,616	Allstate Corp.		73,664
	1,334	American International Group, Inc.		35,287
	3,949	Bank of America Corp.		94,253
	1,221	Capital One Financial Corp. (G)		46,391
	3,219	Citigroup, Inc.		53,945
	1,177	Comerica, Inc. (G)		30,177
	2,060	Federal Home Loan Mortgage Corp. (G)		33,789
	983	ING Groep N.V. ADR (G)		30,998
	731	Lehman Brothers Holdings, Inc. (G)		14,471
	258	Marsh & McLennan Cos., Inc.		6,847
	657	PNC Financial Services Group, Inc.		37,526
	774	Prudential Financial, Inc.		46,221
	1,003	State Street Corp.		64,169
	1,163	Synovus Financial Corp. (G)		10,155
	2,497	UBS AG ADR (D)(G)		51,592
	1,365	UnitedHealth Group, Inc.		35,818
	1,019	US Bancorp		28,412
	1,607	Washington Mutual, Inc. (G)		7,922
	1,554	Washington Mutual, Inc. with Warrants (A)(H)		6,896
				774,558
		Health Care — 11.8%
	2,055	Abbott Laboratories		108,864
	1,603	AstraZeneca plc ADR		68,193
	2,831	Bristol-Myers Squibb Co.		58,124
	2,876	Eli Lilly & Co.		132,747
	2,183	Medtronic, Inc.		112,986
	1,169	Sanofi-Aventis S.A. ADR (G)		38,849
	4,674	Schering-Plough Corp.		92,033
	670	Teva Pharmaceutical Industries Ltd. ADR		30,695
	955	Walgreen Co.		31,034
	1,581	Wyeth		75,834
				749,359
		Services — 8.3%
	1,621	Accenture Ltd. Class A		65,987
	1,399	Automatic Data Processing, Inc.		58,635
	2,986	Comcast Corp. Class A		56,638
	1,274	Comcast Corp. Special Class A		23,896
	873	FedEx Corp.		68,799
	780	McGraw-Hill Cos., Inc. (G)		31,298
	1,390	New York Times Co. Class A (G)		21,394
	2,487	Time Warner, Inc.		36,802
	236	United Parcel Service, Inc. Class B		14,519
	721	Viacom, Inc. Class B (D)		22,012
	1,697	Walt Disney Co.		52,937
	1,901	Waste Management, Inc. (G)		71,679
				524,596
		Technology — 15.6%
	2,644	Applied Materials, Inc.		50,470
	1,892	ASML Holding N.V. (G)		46,175
	7,657	AT&T, Inc.		257,950
	5,381	General Electric Co.		143,610
	1,747	Intel Corp.		37,534
	1,468	International Business Machines Corp.		173,943
	761	Lockheed Martin Corp.		75,120
	2,107	Maxim Integrated Products, Inc.		44,557
	2,096	Microsoft Corp.		57,672
	2	Nortel Networks Corp. (D)		20
	255	Siemens AG ADR		28,105
	563	Total System Services, Inc.		12,508
	1,727	Verizon Communications, Inc.		61,141
				988,805
		Transportation — 1.2%
	1,367	Royal Caribbean Cruises Ltd. (G)		30,712
	3,546	Southwest Airlines Co. (G)		46,244
				76,956

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

­ ­  81  ­ ­

Hartford Dividend and Growth HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Utilities — 6.8%
	2,253	Dominion Resources, Inc.			$	107,000
	682	El Paso Corp.				14,833
	1,411	Exelon Corp.				126,909
	1,457	FPL Group, Inc.				95,543
	1,490	PG&E Corp.				59,150
	456	Veolia Environment ADR (G)				25,479
						428,914
		Total common stock (cost $5,828,982)			$	6,254,542
Principal
Amount
SHORT-TERM INVESTMENTS — 6.0%
		Repurchase Agreements — 1.4%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $20,255, collateralized by FNMA 5.50%, 2038, value of $20,659)
$	20,254	2.50% dated 06/30/2008			$	20,254
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $21,876, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $22,311)
	21,874	2.40% dated 06/30/2008				21,874
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,681, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $3,754)
	3,680	2.70% dated 06/30/2008				3,680
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $32,431, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $33,078)
	32,429	2.70% dated 06/30/2008				32,429
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $44, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $45)
	44	1.80% dated 06/30/2008				44
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $9,259, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $9,444)
	9,259	2.55% dated 06/30/2008				9,259
						87,540
		Securities Purchased with Proceeds from Security Lending — 4.6%
		Cash Collateral Reinvestment Fund:
	296,498	Goldman Sachs FS Prime Obligation/Institutional Fund			$	296,498
		Total short-term investments (cost $384,038)			$	384,038
		Total investments (cost $6,213,020) (C)	104.8	%	$	6,638,580
		Other assets and liabilities	(4.8	)%		(306,214	)
		Total net assets	100.0	%	$	6,332,366

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 15.93% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $6,220,473 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,142,576
Unrealized Depreciation		(724,469	)
Net Unrealized Appreciation	$	418,107

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $6,896, which represents 0.11% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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
04/2008		1,554	Washington Mutual, Inc. with Warrants	$	13,600

	The aggregate value of these securities at June 30, 2008 was $6,896 which represents 0.11% 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.

­ ­  82  ­ ­

Hartford Equity Income HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.7%
		Basic Materials — 8.7%
	65	Air Products and Chemicals, Inc.	$	6,446
	133	Dow Chemical Co.		4,651
	99	E.I. DuPont de Nemours & Co.		4,242
	139	International Paper Co.		3,231
	120	Kimberly-Clark Corp.		7,156
	64	PPG Industries, Inc.		3,649
	458	Rexam plc		3,516
				32,891
		Capital Goods — 0.9%
	51	3M Co.		3,542
		Consumer Cyclical — 4.3%
	221	Altria Group, Inc.		4,544
	116	Genuine Parts Co.		4,615
	74	Home Depot, Inc.		1,733
	44	PACCAR, Inc.		1,836
	110	Supervalu, Inc.		3,383
				16,111
		Consumer Staples — 9.0%
	155	ConAgra Foods, Inc.		2,979
	47	Diageo plc ADR		3,442
	101	General Mills, Inc.		6,153
	29	Lorillard, Inc. (D)		1,978
	32	Nestle S.A. ADR		3,614
	73	PepsiCo, Inc.		4,629
	165	Philip Morris International, Inc.		8,166
	99	Unilever N.V. NY Shares ADR		2,817
				33,778
		Energy — 18.4%
	124	BP plc ADR		8,613
	244	Chevron Corp.		24,138
	79	ConocoPhillips Holding Co.		7,449
	159	Exxon Mobil Corp.		14,029
	81	Marathon Oil Corp.		4,191
	48	Royal Dutch Shell plc ADR		3,857
	82	Total S.A. ADR		6,958
				69,235
		Finance — 20.7%
	107	ACE Ltd.		5,906
	166	Allstate Corp.		7,582
	297	Bank of America Corp.		7,083
	151	Bank of New York Mellon Corp.		5,713
	141	Chubb Corp.		6,895
	250	Citigroup, Inc.		4,182
	143	Federal National Mortgage Association		2,784
	330	Host Hotels & Resorts, Inc.		4,506
	249	JP Morgan Chase & Co.		8,550
	197	Lloyd’s TSB Group plc ADR (G)		4,867
	85	Morgan Stanley		3,051
	107	PNC Financial Services Group, Inc.		6,108
	390	US Bancorp		10,863
				78,090
		Health Care — 8.7%
	119	Abbott Laboratories		6,277
	78	Baxter International, Inc.		4,984
	229	Bristol-Myers Squibb Co.		4,695
	86	Eli Lilly & Co.		3,947
	80	GlaxoSmithKline plc ADR		3,524
	269	Pfizer, Inc.		4,696
	101	Wyeth		4,831
				32,954
		Services — 2.1%
	207	Waste Management, Inc. (G)		7,806
		Technology — 13.1%
	369	AT&T, Inc.		12,436
	545	General Electric Co.		14,549
	304	Intel Corp.		6,534
	48	Schneider Electric S.A.		5,134
	302	Verizon Communications, Inc.		10,700
				49,353
		Transportation — 1.1%
	69	Norfolk Southern Corp.		4,318
		Utilities — 12.7%
	124	American Electric Power Co., Inc.		4,968
	184	Consolidated Edison, Inc.		7,185
	222	Dominion Resources, Inc.		10,527
	36	Entergy Corp.		4,301
	210	FPL Group, Inc.		13,781
	95	PG&E Corp.		3,759
	85	SCANA Corp.		3,146
				47,667
		Total common stock (cost $386,031)	$	375,745
Principal
Amount
SHORT-TERM INVESTMENTS — 1.4%
		Repurchase Agreements — 0.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $31, collateralized by FNMA 5.50%, 2038, value of $32)
$	31	2.50% dated 06/30/2008	$	31
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $34, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $34)
	34	2.40% dated 06/30/2008		34
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $6)
	6	2.70% dated 06/30/2008		6
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $50, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $51)
	50	2.70% dated 06/30/2008		50

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

­ ­  83  ­ ­

Hartford Equity Income HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $—, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $—)
$	—	1.80% dated 06/30/2008			$	—
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $14, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $15)
	14	2.55% dated 06/30/2008				14
						135
Shares
		Securities Purchased with Proceeds from Security Lending — 1.3%
		Cash Collateral Reinvestment Fund:
	4,982	Goldman Sachs FS Prime Obligation/Institutional Fund				4,982
		Total short-term investments (cost $5,117)			$	5,117
		Total investments (cost $391,148) (C)	101.1	%	$	380,862
		Other assets and liabilities	(1.1	)%		(4,057	)
		Total net assets	100.0	%	$	376,805

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 12.30% of total net assets at June 30, 2008. The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $391,186 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	33,811
Unrealized Depreciation		(44,135	)
Net Unrealized Depreciation	$	(10,324	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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.

­ ­  84  ­ ­

Hartford Fundamental Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 95.4%
		Basic Materials — 5.6%
	15	Alcoa, Inc.	$	542
	43	Companhia Vale do Rio Doce ADR		1,526
	22	Freeport-McMoRan Copper & Gold, Inc.		2,531
	6	Potash Corp. of Saskatchewan, Inc.		1,371
				5,970
		Capital Goods — 4.8%
	44	ABB Ltd. ADR (D)		1,246
	16	Caterpillar, Inc.		1,159
	22	Honeywell International, Inc.		1,081
	5	National Oilwell Varco, Inc. (D)		417
	24	Terex Corp. (D)		1,207
				5,110
		Consumer Cyclical — 7.3%
	40	Coach, Inc. (D)		1,149
	37	Gymboree Corp. (D)		1,495
	51	Kohl’s Corp. (D)		2,034
	29	NIKE, Inc. Class B		1,747
	57	Staples, Inc.		1,344
				7,769
		Consumer Staples — 3.1%
	20	PepsiCo, Inc.		1,278
	16	Philip Morris International, Inc.		781
	20	Procter & Gamble Co.		1,204
				3,263
		Energy — 12.6%
	25	Apache Corp.		3,489
	11	Devon Energy Corp.		1,358
	8	EOG Resources, Inc.		1,102
	22	Halliburton Co.		1,173
	8	Hess Corp.		1,022
	10	Marathon Oil Corp.		539
	30	Noble Corp.		1,962
	12	Schlumberger Ltd.		1,246
	10	Transocean, Inc.		1,542
				13,433
		Finance — 9.1%
	29	Aflac, Inc.		1,796
	34	American International Group, Inc.		892
	87	Banco Itau Holding Financeira S.A.		1,757
	63	Invesco Ltd.		1,515
	35	Morgan Stanley		1,252
	52	Wellpoint, Inc. (D)		2,454
				9,666
		Health Care — 16.7%
	25	Abbott Laboratories		1,340
	36	Amgen, Inc. (D)		1,698
	33	AstraZeneca plc ADR (G)		1,387
	45	Coventry Health Care, Inc. (D)		1,369
	35	Covidien Ltd.		1,662
	58	CVS/Caremark Corp.		2,279
	31	Elan Corp. plc ADR (D)		1,091
	19	Genentech, Inc. (D)		1,412
	18	Johnson & Johnson		1,177
	18	Medtronic, Inc.		937
	40	St. Jude Medical, Inc. (D)		1,643
	22	Teva Pharmaceutical Industries Ltd. ADR		1,003
	11	Zimmer Holdings, Inc. (D)		769
				17,767
		Services — 4.8%
	44	Accenture Ltd. Class A		1,775
	36	Manpower, Inc.		2,067
	11	Priceline.com, Inc. (D)(G)		1,282
				5,124
		Technology — 28.5%
	11	Apple, Inc. (D)		1,825
	73	Applied Materials, Inc.		1,384
	53	AT&T, Inc.		1,779
	108	Cisco Systems, Inc. (D)		2,515
	109	Corning, Inc.		2,503
	25	General Electric Co.		667
	4	Google, Inc. (D)		1,948
	60	Hewlett-Packard Co.		2,635
	47	Infosys Technologies Ltd. ADR (G)		2,047
	47	Intel Corp.		1,005
	17	International Business Machines Corp.		2,003
	108	Microsoft Corp.		2,957
	42	Nokia Corp.		1,017
	107	Oracle Corp. (D)		2,241
	34	Qualcomm, Inc.		1,495
	12	Research In Motion Ltd. (D)		1,380
	26	Thomas & Betts Corp. (D)		999
				30,400
		Transportation — 1.3%
	22	Norfolk Southern Corp.		1,391
		Utilities — 1.6%
	19	Exelon Corp.		1,673
		Total common stock (cost $101,660)	$	101,566
Principal
Amount
SHORT-TERM INVESTMENTS — 6.0%
		Repurchase Agreements — 2.8%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $701, collateralized by FNMA 5.50%, 2038, value of $715)
$	701	2.50% dated 06/30/2008	$	701
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $757, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $772)
	757	2.40% dated 06/30/2008		757

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

­ ­  85  ­ ­

Hartford Fundamental Growth HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $127, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $130)
$	127	2.70% dated 06/30/2008			$	127
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,122, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $1,144)
	1,122	2.70% dated 06/30/2008				1,122
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $2)
	1	1.80% dated 06/30/2008				1
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $320, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $327)
	320	2.55% dated 06/30/2008				320
						3,028
Shares
		Securities Purchased with Proceeds from Security Lending — 3.2%
		Cash Collateral Reinvestment Fund:
	3,358	Goldman Sachs FS Prime Obligation/Institutional Fund				3,358
		Total short-term investments (cost $6,386)			$	6,386
		Total investments (cost $108,046) (C)	101.4	%	$	107,952
		Other assets and liabilities	(1.4	)%		(1,458	)
		Total net assets	100.0	%	$	106,494

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 12.98% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $108,268 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	6,868
Unrealized Depreciation		(7,184	)
Net Unrealized Depreciation	$	(316	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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.

­ ­  86  ­ ­

Hartford Global Advisers HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 55.7%
		Basic Materials — 6.8%
	72	Alcoa, Inc.	$	2,558
	148	BHP Billiton plc		5,694
	54	Cameco Corp. (G)		2,302
	67	Companhia Vale do Rio Doce ADR		2,393
	18	Potash Corp. of Saskatchewan, Inc.		4,023
	30	Praxair, Inc.		2,855
	56	Xstrata plc		4,440
				24,265
		Capital Goods — 3.3%
	16	Alstom RGPT		3,649
	25	Boeing Co. #		1,636
	51	Gamesa Corporacion Tecnologica S.A.		2,513
	31	Vestas Wind Systems A/S (D)		4,004
				11,802
		Consumer Cyclical — 2.7%
	112	Arcandor AG (D)		1,308
	168	Mitsui & Co., Ltd.		3,708
	8	Nintendo Co., Ltd.		4,423
				9,439
		Consumer Staples — 3.5%
	33	Carlsberg A/S Class B		3,205
	98	Nestle S.A.		4,400
	51	Reckitt Benckiser Group plc		2,596
	85	Unilever N.V. CVA		2,391
				12,592
		Energy — 5.8%
	19	Diamond Offshore Drilling, Inc. (G)		2,644
	22	Hess Corp.		2,801
	59	Nabors Industries Ltd. (D)(G)		2,909
	33	Schlumberger Ltd. #		3,524
	119	Seadrill Ltd.		3,623
	40	Suncor Energy, Inc.		2,293
	30	Ultra Petroleum Corp. (D)		2,966
				20,760
		Finance — 4.5%
	10	Deutsche Boerse AG #		1,108
	16	Goldman Sachs Group, Inc. #		2,711
	35	Julius Baer Holding Ltd.		2,338
	114	Lehman Brothers Holdings, Inc. (G)		2,262
	278	Man Group plc		3,436
	36	National Bank of Greece		1,602
	27	Societe Generale Class A		2,367
				15,824
		Health Care — 6.9%
	82	Allergan, Inc.		4,242
	85	CSL Ltd.		2,921
	116	Elan Corp. plc ADR (D)		4,120
	57	Gilead Sciences, Inc. (D)		3,039
	31	Monsanto Co. #		3,894
	69	St. Jude Medical, Inc. (D)		2,809
	72	Teva Pharmaceutical Industries Ltd. ADR		3,298
				24,323
		Services — 1.4%
	24	FedEx Corp.		1,907
	56	Focus Media Holding Ltd. ADR (D)(G)		1,555
	31	Las Vegas Sands Corp. (D)(G)		1,489
				4,951
		Technology — 17.3%
	96	ABB Ltd. (D)		2,728
	39	America Movil S.A.B de C.V. ADR #		2,041
	103	American Tower Corp. Class A (D)#		4,343
	21	Apple, Inc. (D)		3,533
	88	ASML Holding N.V.		2,154
	124	Corning, Inc. #		2,858
	38	Danaher Corp. #		2,922
	157	Electronic Arts, Inc. (D)		6,989
	5	Google, Inc. (D)#		2,737
	47	Hewlett-Packard Co. #		2,087
	400	Hon Hai Precision Industry Co., Ltd.		1,966
	170	Infineon Technologies AG (D)		1,471
	43	MEMC Electronic Materials, Inc. (D)		2,622
	240	MetroPCS Communications, Inc. (D)		4,256
	28	Millicom International Cellular S.A.		2,929
	2	Nortel Networks Corp. (D)		17
	227	Oracle Corp. (D)		4,775
	73	Qualcomm, Inc.		3,239
	30	Research In Motion Ltd. (D)		3,449
	19	Siemens AG		2,154
	84	Telefonica S.A.		2,221
				61,491
		Transportation — 1.7%
	26	General Dynamics Corp.		2,215
	86	Royal Caribbean Cruises Ltd.		1,928
	70	Ryanair Holdings plc ADR (D)(G)		1,998
				6,141
		Utilities — 1.8%
	465	Iberdrola Renovables (D)		3,580
	38	Sunpower Corp. (D)(G)		2,699
				6,279
		Total common stock (cost $174,339)	$	197,867
Principal
Amount
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 3.7%
		Finance — 3.7%
		ARMS II
$	66	2.91%, 09/10/2034 (L)	$	65
		Banc of America Commercial Mortgage, Inc.
	660	5.35%, 09/10/2047 (L)		634
		Bank One Issuance Trust
	500	2.58%, 06/15/2011 (L)		500
		Bear Stearns Commercial Mortgage Securities, Inc.
	595	4.68%, 08/13/2039 #		580
	450	5.61%, 11/15/2033 #		454
		Capital One Prime Automotive Receivables Trust
	522	2.49%, 04/15/2011 (L)#		521

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

­ ­  87  ­ ­

Hartford Global Advisers HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)
		Finance — (continued)
		Collegiate Funding Services Education Loan Trust I
$	242	2.81%, 09/28/2017 (L)	$	242
		Commercial Mortgage Asset Trust
	661	6.64%, 01/17/2032		668
		Crusade Global Trust
	136	2.86%, 06/17/2037 (L)#		130
	41	2.86%, 01/16/2035 (L)		39
	53	2.92%, 01/17/2034 (L)		50
	93	3.00%, 09/18/2034 (L)#		91
		CS First Boston Mortgage Securities Corp.
	450	3.94%, 05/15/2038 #		417
		European Loan Conduit
GBP	72	6.09%, 11/01/2029 (I)(L)		137
		Ford Credit Automotive Owner Trust
	1,073	2.84%, 06/15/2010 (L)		1,073
		GE Commercial Loan Trust
	504	2.88%, 07/19/2015 (I)(L)#		494
	153	2.88%, 04/19/2015 (I)(L)		152
		Goldman Sachs Mortgage Securities Corp. II
	110	2.97%, 03/06/2020 (I)(L)		100
		Gracechurch Mortgage Financing plc
	405	2.72%, 08/20/2032 (I)(L)		404
		Granite Master Issuer plc
	26	2.51%, 12/20/2030 (L)		26
		Interstar Millennium Trust
	406	2.91%, 07/07/2034 (L)		401
		J.P. Morgan Chase Commercial Mortgage Security Corp.
	540	5.34%, 08/12/2037		524
		Lanark Master Issuer plc
	364	2.71%, 07/22/2032 (I)(L)		362
		MBNA Credit Card Master Note Trust
	904	2.47%, 12/15/2010 (L)#		904
		Medallion Trust
	220	2.68%, 02/27/2039 (L)		215
	94	2.77%, 05/25/2035 (L)		90
	103	2.99%, 12/21/2033 (L)		93
		Morgan Stanley Capital I
	375	5.23%, 09/15/2042 #		361
		National RMBS Trust
	281	2.65%, 03/20/2034 (L)		268
		New Century Home Equity Loan Trust
	8	2.77%, 03/25/2035 (L)		7
		Nomura Asset Securities Corp.
	34	6.59%, 03/15/2030 #		34
		Prudential Commercial Mortgage Trust
	570	4.49%, 02/11/2036 #		542
		USAA Automotive Owner Trust
	849	5.04%, 04/15/2010 (L)		854
		Volkswagen Credit Automotive Master Trust
	895	2.50%, 07/20/2010 (L)#		895
		Wachovia Bank Commercial Mortgage Trust
	523	2.63%, 07/15/2042 (L)		512
		Westpac Securitisation Trust
	211	2.87%, 03/23/2036 (L)		196
		Total asset & commercial mortgage backed securities (cost $13,151)	$	13,035
CORPORATE BONDS: INVESTMENT GRADE — 29.1%
		Basic Materials — 0.6%
		Bayer AG
EUR	550	5.08%, 05/25/2009 (L)	$	864
GBP	350	5.63%, 05/23/2018		632
		Vale Overseas Ltd.
	770	6.25%, 01/23/2017 #		745
				2,241
		Capital Goods — 0.2%
		United Technologies Corp.
	595	2.75%, 06/01/2009 (L)#		595
		Xerox Corp.
	215	5.50%, 05/15/2012 #		212
				807
		Consumer Cyclical — 0.8%
		DaimlerChrysler NA Holdings Corp.
	485	4.88%, 06/15/2010 #		488
		Enterprise Inns plc
GBP	340	6.50%, 12/06/2018		585
		Home Depot, Inc.
	310	2.90%, 12/16/2009 (L)		302
		Tesco plc
	820	3.00%, 09/08/2008 (M)		815
		Wal-Mart Stores, Inc.
	475	4.25%, 04/15/2013		473
				2,663
		Consumer Staples — 1.0%
		Anheuser-Busch Cos., Inc.
	170	5.50%, 01/15/2018 #		159
		Cia Brasileira de Bebidas
	130	8.75%, 09/15/2013 #		147
	300	10.50%, 12/15/2011 #		343
		Diageo Capital plc
	430	5.20%, 01/30/2013 #		430
		Kellogg Co.
	430	4.25%, 03/06/2013 #		418
	325	5.13%, 12/03/2012 #		329
		Miller Brewing Co.
	500	4.25%, 08/15/2008 (I)#		501
		PepsiCo, Inc.
	395	4.65%, 02/15/2013 #		401
		Philip Morris International, Inc.
	520	5.65%, 05/16/2018		505
	395	6.38%, 05/16/2038		385
				3,618
		Energy — 0.9%
		Anadarko Petroleum Corp.
	510	3.18%, 09/15/2009 (L)#		504
		ConocoPhillips
	470	4.40%, 05/15/2013 (G)		461
		ConocoPhillips Australia Funding Co.
	684	2.81%, 04/09/2009 (L)#		684
		EnCana Corp.
	655	5.90%, 12/01/2017 #		658
		Gaz Capital S.A.
EUR	240	5.88%, 06/01/2015		337
		Petrobras International Finance Co.
	225	5.88%, 03/01/2018 #		216

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

­ ­  88  ­ ­

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Energy — (continued)
		XTO Energy, Inc.
$	1390	5.50%, 06/15/2018	$	373
				3,233
		Finance — 9.0%
		Ace INA Holdings, Inc.
	435	5.70%, 02/15/2017 #		418
		Allied World Assurance
	260	7.50%, 08/01/2016 #		243
		Aviva plc
	400	3.15%, 06/19/2017 (L)		366
		AXA S.A.
GBP	160	7.13%, 12/15/2020		303
		Bank of America Corp.
EUR	785	4.98%, 11/20/2008 (L)#		1,232
	740	5.65%, 05/01/2018		691
		BNP Paribas Finance
	2,170	2.76%, 08/07/2008 (L)#		2,170
		Boeing Capital Corp.
	450	4.75%, 08/25/2008 #		452
		Caisse Eparg ECR
EUR	1,050	4.76%, 07/17/2008 (L)		1,653
		Caterpillar Financial Services Corp.
	820	4.25%, 02/08/2013 #		801
	325	4.85%, 12/07/2012 #		324
		Credit Suisse New York
	745	5.00%, 05/15/2013		725
		Deutsche Bank AG
	670	5.00%, 10/12/2010 #		680
		Eaton Vance Corp.
	125	6.50%, 10/02/2017 #		126
		ERAC USA Finance Co.
	425	3.15%, 04/30/2009 (I)(L)		418
		European Investment Bank
AUD	790	7.00%, 01/24/2012		745
		HCP, Inc.
	565	6.70%, 01/30/2018 #		508
		Honda Canada Finance, Inc.
CAD	530	5.68%, 09/26/2012		524
		HSBC Holding plc
	225	6.50%, 09/15/2037		205
		HSBC Holdings plc
	225	6.80%, 06/01/2038		212
		Institut Credito Oficial
AUD	850	5.50%, 03/08/2011		770
		International Lease Finance Corp.
	920	5.40%, 02/15/2012 #		826
		J.P. Morgan Chase & Co.
	740	4.75%, 05/01/2013		719
		J.P. Morgan Chase Bank
	555	6.00%, 10/01/2017 #		539
		John Deere Bank S.A.
EUR	1,005	4.95%, 09/08/2008 (L)		1,582
		Kreditanstalt fuer Wiederaufbau
	1,470	3.25%, 02/15/2011 #		1,471
AUD	1,650	7.50%, 08/26/2011		1,574
		Lehman Brothers Holdings, Inc.
EUR	250	5.15%, 03/17/2011 (L)		355
		Lloyds TSB Bank plc
EUR	800	5.25%, 07/14/2008 #		1,260
		Metlife Global Funding
GBP	250	5.25%, 01/09/2014 #		455
		Mizuho Financial Group, Inc.
	525	5.79%, 04/15/2014 (I)#		535
		National Australia Bank Ltd.
EUR	505	4.50%, 06/23/2016 (L)		745
		National Rural Utilities Cooperative Finance Corp.
	750	5.50%, 07/01/2013		759
		New York Life Global Funding
EUR	535	3.75%, 10/19/2009		817
		Nordea Bank Finland plc
EUR	225	5.85%, 03/26/2014 (L)		354
		Northern Trust Co.
GBP	350	5.38%, 03/11/2015		637
		Oesterreichische Kontrollbank AG
	1,480	2.88%, 03/15/2011 #		1,456
		Principal Life Income Funding
	290	2.84%, 11/15/2010 (L)#		286
		RSHB Capital
	290	7.13%, 01/14/2014 (I)		286
		Santander Central Hispano Issuances Ltd.
EUR	250	5.43%, 10/24/2017 (L)		376
		Southern Capital Corp.
	100	5.70%, 06/30/2022 (I)#		105
		Standard Chartered Bank
	425	6.40%, 09/26/2017 (I)#		415
		Temasek Financial I Ltd.
	1,505	4.50%, 09/21/2015 (I)#		1,435
		Unicredito Luxem Finance
	730	2.97%, 10/24/2008 (I)(L)		729
		VTB Capital (Vneshtorgbank)
	565	3.38%, 08/01/2008 (I)(L)#		564
				31,846
		Foreign Governments — 11.6%
		Australian Government
AUD	460	6.00%, 02/15/2017		428
		Canadian Government
CAD	526	4.25%, 12/01/2021		698
CAD	825	5.75%, 06/01/2033 #		1,015
		Denmark (Kingdom of)
DKK	3,676	6.00%, 11/15/2009		786
		Deutschland Bundesrepublic
EUR	210	3.50%, 01/04/2016		307
EUR	6,995	3.75%, 01/04/2017		10,339
EUR	4,825	5.00%, 01/04/2012		7,665
EUR	765	5.25%, 07/04/2010		1,218
		French Government
EUR	530	3.15%, 07/25/2032		968
EUR	2,655	3.50%, 07/12/2011		4,034
EUR	1,605	4.00%, 04/25/2013 #		2,441
EUR	250	4.25%, 04/25/2019		374
EUR	685	5.00%, 10/25/2016 #		1,094
		Government of Singapore
SGD	2,995	3.63%, 07/01/2014		2,286
		Hellenic Republic
EUR	2,335	4.10%, 08/20/2012		3,530
		Japanese Government
JPY	178,700	1.40%, 09/20/2011		1,707
		Poland Government
PLN	580	6.25%, 10/24/2015		265
		South Africa (Republic of)
ZAR	2,750	8.25%, 09/15/2017		300
		Swedish Government
SEK	2,545	4.50%, 08/12/2015		420

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

­ ­  89  ­ ­

Hartford Global Advisers HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Foreign Governments — (continued)
		United Mexican States
$	1,000	3.41%, 01/13/2009 (L)#	$	1,001
	132	5.63%, 01/15/2017 #		133
				41,009
		Health Care — 1.3%
		Amgen, Inc.
	695	2.73%, 11/28/2008 (L)#		693
		AstraZeneca plc
	710	5.40%, 09/15/2012 #		726
		CVS Caremark Corp.
	375	2.98%, 06/01/2010 (L)#		366
	865	5.75%, 06/01/2017 #		851
		Glaxosmithkline Capital, Inc.
	520	5.65%, 05/15/2018		518
	515	6.38%, 05/15/2038		511
		Schering-Plough Corp.
EUR	700	5.38%, 10/01/2014		1,014
				4,679
		Services — 0.5%
		Comcast Corp.
	800	3.01%, 07/14/2009 (L)#		794
	530	5.45%, 11/15/2010 (G)#		539
		COX Communications, Inc.
	440	4.63%, 06/01/2013 #		416
				1,749
		Technology — 1.9%
		AT&T, Inc.
	740	5.50%, 02/01/2018 #		717
		Cingular Wireless Services, Inc.
	475	7.88%, 03/01/2011 #		506
		France Telecom S.A.
EUR	510	4.75%, 02/21/2017		735
		General Electric Co.
	630	5.00%, 02/01/2013 #		635
		IBM Corp.
	230	5.70%, 09/14/2017 #		233
		OTE plc
EUR	390	5.38%, 02/14/2011		602
		Siemens Finance
	1,330	2.73%, 08/14/2009 (I)(L)#		1,330
		Telecom Italia Finance S.A.
EUR	225	6.58%, 07/30/2009 #		357
		Time Warner Cable, Inc.
	935	5.85%, 05/01/2017 #		888
		Verizon Communications, Inc.
	240	4.35%, 02/15/2013 #		231
		Verizon New England, Inc.
	375	6.50%, 09/15/2011 #		385
				6,619
		Transportation — 0.2%
		Burlington Northern Santa Fe Corp.
	525	5.75%, 03/15/2018 #		513
		CSX Corp.
	355	5.75%, 03/15/2013 (G)#		348
				861
		Utilities — 1.1%
		CenterPoint Energy Resources Corp.
	205	6.00%, 05/15/2018		196
		E.On International Finance
	530	5.80%, 04/30/2018 (I)		520
	530	6.65%, 04/30/2038 (I)		528
		EDP Finance B.V.
	845	5.38%, 11/02/2012 (I)#		842
		Enel Finance International
	855	5.70%, 01/15/2013 (I)#		865
		MidAmerican Energy Co.
	340	5.30%, 03/15/2018 #		331
		NSTAR
	300	8.00%, 02/15/2010 #		318
		Virginia Electric & Power Co.
	185	5.95%, 09/15/2017 #		186
				3,786
		Total corporate bonds: investment grade (cost $100,190)	$	103,111
CORPORATE BONDS: NON-INVESTMENT GRADE — 0.1%
		Consumer Cyclical — 0.1%
		D.R. Horton, Inc.
$	295	8.00%, 02/01/2009 #	$	294
		Total corporate bonds: non-investment grade (cost $299)	$	294
U.S. GOVERNMENT AGENCIES — 7.0%
		Federal Home Loan Mortgage Corporation — 1.8%
		Mortgage Backed Securities:
$	290	5.50%, 2019 — 2020 #	$	295
	4,201	5.50%, 2038 (Q)		4,138
	309	6.04%, 2029 (L)#		314
				4,747
		Remic — Pac’s:
	1,714	2.82%, 2036 (L)#		1,682
				6,429
		Federal National Mortgage Association — 4.7%
		Mortgage Backed Securities:
	949	4.78%, 2014 (L)#		936
	1,521	4.97%, 2013 (L)#		1,512
	1,408	5.00%, 2019 — 2036		1,371
	2,750	5.00%, 2019 — 2035 #		2,714
	1,055	5.00%, 2038 (Q)		1,011
	1,974	5.50%, 2034 — 2036		1,950
	2,594	5.50%, 2034 — 2036 #		2,561
	1,000	5.50%, 2037 (Q)		986
	80	6.50%, 2013		83
	1,632	6.50%, 2036 #		1,683
	6	7.00%, 2029		7
				14,814
		Notes:
	1,430	3.25%, 2013 (G)		1,376
		Remic — Pac’s:
	368	2.88%, 2036 (L)		361
				16,551

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

­ ­  90  ­ ­

Principal					Market
Amount					Value (W)
U.S. GOVERNMENT AGENCIES — (continued)
		Government National Mortgage Association — 0.5%
		Mortgage Backed Securities:
$	1,149	5.00%, 2035 #			$	1,116
	363	6.00%, 2028 — 2035 #				369
	55	6.50%, 2028 #				57
	42	8.00%, 2029 — 2030 #				45
						1,587
		Remic — Pac’s:
	355	7.50%, 2035				381
						1,968
		Total U.S. government agencies (cost $24,933)			$	24,948
U.S. GOVERNMENT SECURITIES — 1.5%
		U.S. Treasury Securities — 1.5%
		U.S. Treasury Bonds:
$	250	3.63%, 2028 (O)			$	414
	570	4.50%, 2036				566
						980
		U.S. Treasury Notes:
	1,680	4.13%, 2012 (S)				1,739
	240	4.63%, 2016 (G)#				253
	260	4.75%, 2017				275
	2,165	4.88%, 2009 — 2011 (S)				2,253
						4,520
		Total U.S. government securities (cost $5,403)			$	5,500
		Total long-term investments (cost $318,315)			$	344,755
SHORT-TERM INVESTMENTS — 9.0%
		Finance — 0.4%
		Lloyds TSB Group plc
$	740	2.61%, 08/20/2008			$	740
		Unicredito Italiano plc
	620	2.92%, 08/19/2008				620
						1,360
		Repurchase Agreements — 3.7%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,069, collateralized by FNMA 5.50%, 2038, value of $3,130)
	3,069	2.50% dated 06/30/2008				3,069
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,315, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $3,381)
	3,314	2.40% dated 06/30/2008				3,314
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $558, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $569)
	558	2.70% dated 06/30/2008				558
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,914, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $5,012)
	4,914	2.70% dated 06/30/2008				4,914
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $7, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $7)
	7	1.80% dated 06/30/2008				7
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,403, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $1,431)
	1,403	2.55% dated 06/30/2008				1,403
						13,265
Shares
		Securities Purchased with Proceeds from Security Lending — 4.9%
		Cash Collateral Reinvestment Fund:
	17,355	Goldman Sachs FS Prime Obligation/Institutional Fund				17,355
		Total short-term investments (cost $31,980)			$	31,980
		Total investments (cost $350,295) (C)	106.1	%	$	376,735
		Other assets and liabilities	(6.1	)%		(21,794	)
		Total net assets	100.0	%	$	354,941

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 50.64% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $350,506 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	41,444
Unrealized Depreciation		(15,215	)
Net Unrealized Appreciation	$	26,229

#	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.

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

­ ­  91  ­ ­

Hartford Global Advisers HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

(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 June 30, 2008, was $10,722, which represents 3.02% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2008.
(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 June 30, 2008 was $6,101.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

AUD	— Australian Dollar
CAD	— Canadian Dollar
DKK	— Danish Krone
EUR	— Euro
GBP	— British Pound
JPY	— Japanese Yen
PLN	— Polish New Zloty
SEK	— Swedish Krona
SGD	— Singapore Dollar
ZAR	— South African Rand

(S)	Security pledged as initial margin deposit for open futures contracts at June 30, 2008.
	Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		20		Long		Sep 2008	$	19
5 Year U.S. Treasury Note		43		Short		Sep 2008		(26	)
10 Year U.S. Treasury Note		69		Short		Sep 2008		(48	)
90 Day Euro Futures		37		Short		Sep 2008		(22	)
AUST 3 Year Bond Future		39		Short		Sep 2008		(22	)
AUST 10 Year Bond Future		79		Long		Sep 2008		138
Canadian 10 Year Bond Future		90		Short		Sep 2008		(27	)
DJ Euro STOXX 50 Future		32		Short		Sep 2008		106
Euro Bond Future		40		Long		Sep 2008		8
Euro Bond Future		13		Short		Sep 2008		3
Euro BUXL 30 Year Bond Future		8		Long		Sep 2008		(16	)
Euro-Schatz Future		91		Long		Sep 2008		(51	)
FTSE 100 IDX Future		12		Short		Sep 2008		67
Japan 10Y Bond Futures Contract		4		Short		Sep 2008		(66	)
Long Gilt Future		49		Long		Sep 2008		—
S&P 500 Mini Futures		86		Short		Sep 2008		309
S&P/TSE 60 Index Future		7		Short		Sep 2008		40
Topix Index Future		11		Short		Sep 2008		68
U.S. Long Bond		39		Short		Sep 2008		(15	)
							$	465

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Australian Dollar (Buy)	$	225	$	226		07/02/08	$	(1	)
Australian Dollar (Buy)		30		30		07/03/08		—
Australian Dollar (Buy)		1,287		1,279		09/17/08		8
Australian Dollar (Sell)		199		199		09/17/08		—
Australian Dollar (Sell)		4,675		4,648		09/17/08		(27	)
British Pound (Buy)		417		417		07/02/08		—
British Pound (Buy)		95		95		07/03/08		—
British Pound (Buy)		2,110		2,077		09/17/08		33
British Pound (Sell)		483		483		09/17/08		—
British Pound (Sell)		5,081		4,995		09/17/08		(86	)
British Pound (Sell)		1,391		1,362		09/19/08		(29	)
Canadian Dollar (Buy)		1,451		1,448		09/17/08		3
Canadian Dollar (Buy)		1,222		1,234		09/17/08		(12	)
Canadian Dollar (Sell)		7,196		7,233		09/17/08		37
Canadian Dollar (Sell)		1,223		1,225		09/18/08		2
Chilean Peso (Buy)		281		299		07/18/08		(18	)
Chinese Renminbi (Buy)		308		303		09/17/08		5
Czech Koruna (Buy)		313		297		09/17/08		16
Czech Koruna (Buy)		191		191		09/17/08		—
Czech Koruna (Sell)		175		170		09/17/08		(5	)
Danish Krone (Buy)		298		298		07/01/08		—
Danish Krone (Sell)		893		892		09/17/08		(1	)
Euro (Sell)		371		372		07/01/08		1
Euro (Sell)		520		520		07/02/08		—
Euro (Buy)		9,368		9,248		09/17/08		120
Euro (Buy)		539		539		09/17/08		—
Euro (Sell)		737		737		09/17/08		—
Euro (Sell)		54,081		53,070		09/17/08		(1,011	)
Euro (Sell)		1,781		1,754		09/19/08		(27	)
Hungarian Forint (Buy)		1,070		1,037		09/17/08		33
Hungarian Forint (Buy)		157		157		09/17/08		—
Hungarian Forint (Sell)		1,293		1,210		09/17/08		(83	)
Indian Rupee (Buy)		1,234		1,233		07/18/08		1
Indian Rupee (Buy)		168		169		07/18/08		(1	)
Indian Rupee (Sell)		140		141		07/18/08		1
Israeli New Shekel (Buy)		119		120		09/17/08		(1	)
Israeli New Shekel (Sell)		119		119		09/17/08		—
Japanese Yen (Buy)		4		4		07/03/08		—
Japanese Yen (Sell)		32		32		07/03/08		—
Japanese Yen (Buy)		1,167		1,148		09/11/08		19
Japanese Yen (Sell)		2,677		2,654		09/11/08		(23	)
Japanese Yen (Buy)		1,567		1,552		09/17/08		15
Japanese Yen (Buy)		1,855		1,871		09/17/08		(16	)
Japanese Yen (Sell)		2,846		2,867		09/17/08		21
Japanese Yen (Sell)		3,252		3,221		09/17/08		(31	)
Malaysian Ringgit (Buy)		1,221		1,219		09/17/08		2
Malaysian Ringgit (Buy)		1,625		1,636		09/17/08		(11	)
Malaysian Ringgit (Sell)		193		193		09/17/08		—
Malaysian Ringgit (Sell)		898		897		09/17/08		(1	)
Mexican New Peso (Sell)		286		286		09/17/08		—
Mexican Peso (Buy)		515		514		09/17/08		1
New Romanian Leu (Buy)		823		810		09/17/08		13
New Romanian Leu (Sell)		1,878		1,836		09/17/08		(42	)
New Zealand Dollar (Buy)		1,146		1,138		09/17/08		8
New Zealand Dollar (Buy)		350		351		09/17/08		(1	)
New Zealand Dollar (Sell)		1,474		1,493		09/17/08		19
New Zealand Dollar (Sell)		1,387		1,375		09/17/08		(12	)
Norwegian Krone (Buy)		2,321		2,290		09/17/08		31
Norwegian Krone (Buy)		666		668		09/17/08		(2	)
Norwegian Krone (Sell)		368		370		09/17/08		2

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

­ ­  92  ­ ­

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Norwegian Krone (Sell)	$	1,064	$	1,053		09/17/08	$	(11	)
Polish Zloty (Buy)		599		582		09/17/08		17
Polish Zloty (Sell)		895		882		09/17/08		(13	)
Republic of Korea Won (Buy)		138		139		09/17/08		(1	)
Republic of Korea Won (Sell)		545		543		09/17/08		(2	)
Russian Ruble (Buy)		535		527		09/17/08		8
Russian Ruble (Sell)		203		203		09/17/08		—
Saudi Arabian Riyal (Buy)		198		198		06/04/09		—
Singapore Dollar (Buy)		1,095		1,085		09/17/08		10
Singapore Dollar (Buy)		546		546		09/17/08		—
Singapore Dollar (Sell)		2,890		2,860		09/17/08		(30	)
South African Rand (Buy)		743		726		09/17/08		17
South African Rand (Buy)		91		91		09/17/08		—
South African Rand (Sell)		1,388		1,367		09/17/08		(21	)
Swedish Krona (Buy)		878		869		09/17/08		9
Swedish Krona (Sell)		1,087		1,081		09/17/08		(6	)
Swiss Franc (Sell)		266		265		07/01/08		(1	)
Swiss Franc (Buy)		8,129		8,045		09/17/08		84
Swiss Franc (Buy)		1,049		1,050		09/17/08		(1	)
Swiss Franc (Sell)		8,007		7,844		09/17/08		(163	)
Taiwanese Dollar (Buy)		1,202		1,205		07/18/08		(3	)
Taiwanese Dollar (Sell)		886		885		07/18/08		(1	)
Taiwanese Dollar (Buy)		1,249		1,222		12/17/08		27
Taiwanese Dollar (Sell)		954		964		12/17/08		10
Taiwanese Dollar (Sell)		294		293		12/17/08		(1	)
United Arab Emirates
Dirham (Buy)		199		200		06/04/09		(1	)
							$	(1,123	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		1.6	%
Austria		0.4
Brazil		0.8
Canada		4.2
China		0.4
Denmark		2.2
Finland		0.1
France		5.6
Germany		8.7
Greece		1.4
Ireland		1.7
Israel		0.9
Japan		2.8
Luxembourg		1.7
Mexico		0.9
Netherlands		2.2
Norway		1.0
Poland		0.1
Singapore		1.1
South Africa		0.1
Spain		2.6
Sweden		0.1
Switzerland		2.7
Taiwan		0.6
United Kingdom		6.3
United States		46.9
Short-Term Investments		9.0
Other Assets and Liabilities		(6.1	)
Total		100.0	%

Forward Bonds Outstanding at June 30, 2008

											Unrealized
			Market		Contract		Delivery		Maturity		Appreciation/
Description	Transaction		Value		Amount		Date		Date		(Depreciation)
Canadian Government, 4.00%		Buy	$	1,023	$	1,034		07/15/08		06/01/16	$	(11	)
Canadian Government, 5.00%		Sell		1,353		1,337		07/15/08		06/01/37		(16	)
Canadian Government, 5.75%		Sell		3,703		3,680		07/15/08		06/01/33		(23	)
Deutschland Bundesrepublic, 4.00%		Buy		9,129		9,328		07/28/08		01/04/37		(199	)
Deutschland Bundesrepublic, 5.50%		Buy		387		386		08/25/08		01/04/31		1
French Treasury Note, 3.50%		Buy		5,987		5,899		08/28/08		07/12/11		88
Japan Bond Forward, 0.80%		Buy		2,032		1,961		07/03/08		12/10/15		71
Japan Bond Forward, 1.10%		Buy		1		1		07/03/08		12/10/16		—
Japanese Government CPI Linked, 1.00%		Buy		2,348		2,266		07/10/08		06/10/16		82
Japanese Government, 1.20%		Buy		3,167		3,216		07/14/08		09/20/11		(49	)
Japanese Government, 1.40%		Buy		1,618		1,577		07/10/08		06/10/18		41
Japanese Government, 1.40%		Buy		7,176		7,234		07/14/08		06/22/09		(58	)
Japanese Government, 1.50%		Buy		11,800		11,789		07/14/08		06/20/13		11
Japanese Government, 1.50%		Sell		1,969		1,974		08/11/08		12/20/15		5
Japanese Government, 1.80%		Buy		4,654		4,676		07/14/08		06/20/17		(22	)
Japanese Government, 2.10%		Buy		2,334		2,379		07/14/08		12/20/27		(45	)
U.S. Treasury, 2.13%		Buy		5,074		5,074		08/15/08		01/31/10		—
U.S. Treasury, 4.38%		Sell		15,193		15,260		08/15/08		08/15/12		67
U.S. Treasury, 4.50%		Sell		164		162		08/15/08		02/15/36		(2	)
U.S. Treasury, 5.00%		Sell		763		757		08/15/08		05/15/37		(6	)
U.S. Treasury, 5.38%		Buy		1,572		1,563		08/15/08		02/15/31		9
UK Gilt Forward, 4.25%		Buy		2,003		2,009		07/15/08		03/07/36		(6	)
UK Treasury Gilt, 4.75%		Buy		1,925		1,872		07/15/08		06/07/10		53
United Kingdom Treasury, 5.00%		Buy		1,237		1,223		08/18/08		03/07/12		14
											$	5

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

­ ­  93  ­ ­

Hartford Global Communications HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 90.6%
		Argentina — 0.8%
	13	Telecom de Argentina ADR (D)	$	180
		Brazil — 6.4%
	33	Brasil Telecom S.A. ADR		1,042
	18	Tele Norte Leste Participacoes S.A. ADR		436
				1,478
		Canada — 0.9%
	5	Telus Corp.		206
		Egypt — 4.3%
	7	Mobinil-Egyptian Mobile Service		221
	12	Orascom Telecom Holding SAE GDR		762
				983
		France — 3.4%
	26	France Telecom S.A.		777
		Germany — 3.1%
	43	Deutsche Telekom AG		707
		Indonesia — 2.3%
	16	P.T. Telekomunikasi Indonesia ADR (G)		526
		Israel — 4.6%
	8	Cellcom Israel Ltd.		288
	33	Partner Communications Co., Ltd. ADR (G)		771
				1,059
��		Italy — 3.3%
	471	Telecom Italia S.p.A.		760
		Luxembourg — 6.7%
	15	Millicom International Cellular S.A.		1,532
		Mexico — 1.5%
	7	America Movil S.A.B de C.V. ADR		348
		Norway — 8.0%
	99	Telenor ASA		1,851
		Russia — 11.8%
	24	AFK Sistema GDR		724
	11	Mobile Telesystems OJSC ADR		827
	39	Vimpel-Communications ADR		1,164
				2,715
		South Africa — 4.4%
	64	MTN Group Ltd.		1,008
		Spain — 8.6%
	25	Telefonica S.A. ADR		1,990
		Turkey — 3.2%
	50	Turkcell Iletisim Hizmetleri A.S. ADR		727
		United Kingdom — 1.6%
	107	Thus Group plc (D)		378
		United States — 15.7%
	11	American Tower Corp. Class A (D)		473
	5	Atlantic Tele-Network, Inc.		135
	10	Equinix, Inc. (D)(G)		884
	34	NII Holdings, Inc. Class B (D)		1,614
	32	TW Telecom, Inc. (D)		518
				3,624
		Total common stock (cost $18,692)	$	20,849
WARRANTS — 2.4%
		India — 2.4%
	34	Citigroup Global Certificate — Bharti Televentures (H)	$	563
		Total warrants (cost $256)	$	563
PREFERRED STOCK — 5.6%
		Brazil — 5.6%
	9	Telecomunicacoes de Sao Paulo S.A. (G)	$	239
	19	Telemar Norte Leste S.A.		1,041
		Total preferred stock (cost $678)	$	1,280
		Total long-term investments (cost $19,626)	$	22,692
Principal
Amount
SHORT-TERM INVESTMENTS — 7.7%
		Repurchase Agreements — 1.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $59, collateralized by FNMA 5.50%, 2038, value of $60)
$	59	2.50% dated 06/30/2008	$	59
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $63, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $65)
	63	2.40% dated 06/30/2008		63
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $11, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $11)
	11	2.70% dated 06/30/2008		11
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $94, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $96)
	94	2.70% dated 06/30/2008		94
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $—, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $—)
	—	1.80% dated 06/30/2008		—

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

­ ­  94  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $27, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $27)
$	27	2.55% dated 06/30/2008			$	27
						254
Shares
		Securities Purchased with Proceeds from Security Lending — 6.6%
		Cash Collateral Reinvestment Fund:
	1,527	Goldman Sachs FS Prime Obligation/Institutional Fund				1,527
		Total short-term investments (cost $1,781)			$	1,781
		Total investments (cost $21,407) (C)	106.3	%	$	24,473
		Other assets and liabilities	(6.3	)%		(1,448	)
		Total net assets	100.0	%	$	23,025

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 82.81% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $21,811 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	4,484
Unrealized Depreciation		(1,822	)
Net Unrealized Appreciation	$	2,662

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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
08/2005– 04/2006		34	Citigroup Global Certificate — Bharti Televentures - 144A	$	256

	The aggregate value of these securities at June 30, 2008 was $563 which represents 2.45% of total net assets.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Internet Providers & Web Search Portal		5.5	%
Other Telecommunications		29.8
Telecommunication Resellers		8.7
Wired Telecommunications Carriers		9.5
Wireless Communications Services		12.0
Wireless Telecommunications Carriers		33.1
Short-Term Investments		7.7
Other Assets and Liabilities		(6.3	)
Total		100.0	%

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

­ ­  95  ­ ­

Hartford Global Equity HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 95.4%
		Argentina — 0.0%
	—	Telecom de Argentina ADR (D)	$	4
		Australia — 1.4%
	1	BHP Billiton Ltd. ADR		58
	5	Cockatoo Ridge Wines		—
	—	Incitec Pivot Ltd.		3
	20	Oxiana, Ltd. (D)		51
	1	Rio Tinto Ltd.		147
	—	Westfield Group		4
	—	Woodside Petroleum Ltd.		27
				290
		Austria — 0.7%
	2	OMV AG		148
		Belgium — 0.6%
	—	Groupe Bruxelles Lambert S.A.		19
	2	UCB S.A.		69
	1	Umicore		41
				129
		Brazil — 3.4%
	—	Amil Participacoes S.A.		4
	3	Banco Itau Holding Financeira S.A.		56
	5	Bolsa De Mercadorias e Futuros		41
	—	Brasil Brokers Participacoes (D)		39
	1	Brasil Telecom S.A. ADR		30
	1	Companhai Braasileira de Distribuicao Grupo Pao de Acucar ADR		26
	1	Companhia Energetica de Minas Gerais ADR		14
	11	Companhia Vale do Rio Doce ADR		405
	1	Dufry South America Ltd.		15
	—	Fertilizantes Fosfatados		11
	2	Marisa S.A.		6
	1	Petroleo Brasileiro S.A. ADR		50
	—	Profarma Distribuidora		3
	—	SLC Agricola S.A.		3
	—	Tele Norte Leste Participacoes S.A. ADR		10
				713
		Canada — 7.7%
	2	Agrium, Inc.		183
	1	Agrium, Inc. ADR		143
	3	Bank of Montreal		125
	1	Bank of Nova Scotia		64
	—	Brookfield Asset Management, Inc.		7
	2	Cameco Corp.		70
	1	Canadian Imperial Bank of Commerce		28
	2	Canadian Natural Resources Ltd. ADR		217
	1	Canadian Oil SandsTrust		33
	1	Canadian Western Bank		19
	—	EnCana Corp.		36
	3	First National Financial, Inc.		35
	2	Husky Energy, Inc.		113
	—	MDC Partners, Inc. (D)		3
	—	Petro-Canada		22
	—	Potash Corp. of Saskatchewan, Inc.		93
	—	Potash Corp. of Saskatchewan, Inc. ADR		91
	1	Research In Motion Ltd. (D)		78
	1	Suncor Energy, Inc.		35
	1	Sunopta, Inc. (D)		4
	1	Talisman Energy, Inc.		18
	3	Talisman Energy, Inc. ADR		75
	—	Telus Corp.		4
	1	The Toronto-Dominion Bank		50
	1	The Toronto-Dominion Bank ADR		54
				1,600
		Chile — 0.0%
	—	Sociedad Quimica Y Minera de Chile S.A.		3
		China — 1.0%
	—	Airmedia Group, Inc. (D)		4
	179	Bank of China Ltd.		80
	2	Central China RE (D)		1
	28	China Dongxiang Group Co.		11
	2	Focus Media Holding Ltd. ADR (D)		45
	18	Golden Eagle Retail Group Ltd.		18
	1	Parkson Retail Group Ltd.		11
	18	People’s Food Holdings		14
	2	Sino-Ocean Land Holdings Ltd.		1
	12	Tingyi Holding Corp.		14
	35	Yantai North Andre		3
				202
		Denmark — 0.0%
	—	H. Lundbeck A/S		9
		Egypt — 0.3%
	—	Mobinil-Egyptian Mobile Service		5
	1	Orascom Telecom Holding SAE GDR		65
				70
		France — 4.5%
	—	Accor S.A.		5
	—	Alstom RGPT		17
	3	Axa S.A.		85
	—	BNP Paribas		41
	1	Bouygues S.A.		60
	—	Carrefour S.A.		25
	1	Compagnie Generale de Geophysique-Veritas (D)		24
	—	Electricite de France		11
	1	France Telecom S.A.		20
	—	Gaz de France		13
	—	Ipsen		19
	1	Michelin (C.G.D.E.) Class B		40
	—	Pernod-Ricard		23
	1	Peugeot S.A.		65
	4	Rhodia S.A.		73
	2	Safran S.A.		30
	1	Sanofi-Aventis S.A.		44
	2	Sanofi-Aventis S.A. ADR		60
	1	Societe Generale Class A		90
	1	Suez S.A.		44
	1	Total S.A. ADR		59
	—	Unibail		66
	—	Vivendi S.A.		14
				928
		Germany — 4.1%
	—	Adidas-Salomon AG		16
	—	Beiersdorf AG		32
	1	Commerzbank AG		43

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

­ ­  96  ­ ­

				Market
Shares				Value (W)
COMMON STOCK — (continued)
			Germany — (continued)
	1		Deutsche Boerse AG	$	85
	1		Deutsche Postbank AG		65
	1		Deutsche Telekom AG		12
	1		E.On AG		280
	1		Fresenius Medical Care AG ADR		27
	1		Hochtief AG		55
	2		Infineon Technologies AG (D)		14
	—		K + S AG		3
	—		Metro AG		6
	—		Muenchener Rueckversicherungs-Gesellschaft AG		50
	—		Patrizia Immobilien AG		1
	1		Siemens AG		166
					855
			Greece — 0.2%
	1		Piraeus Bank S.A.		35
	—		Public Power Corp.		6
					41
			Hong Kong — 0.7%
	1		ASM Pacific Technology		11
	66		China Foods Ltd.		30
	1		China Mobile Ltd.		12
	22		China Overseas Land & Investment Ltd.		35
	1		China Resources Land Ltd.		1
	7		China Resources Power Holdings Co., Ltd.		16
	1		Kerry Properties Ltd.		3
	15		Peace Mark Holdings Ltd.		10
	6		Shangri-La Asia Ltd.		14
	8		Shenzhen International Holdings		1
					133
			India — 0.4%
	—		HDFC Bank Ltd. ADR		29
	1		Reliance Industries GDR (I)		56
					85
			Indonesia — 0.2%
	1		P.T. Telekomunikasi Indonesia ADR		36
			Ireland — 0.4%
	3		Elan Corp. plc ADR (D)		90
			Israel — 0.4%
	—		Cellcom Israel Ltd.		7
	—		Israel Chemicals Ltd.		3
	1		Partner Communications Co., Ltd. ADR		19
	1		Teva Pharmaceutical Industries Ltd. ADR		45
					74
			Italy — 0.9%
	6		Banco Popolare Scarl		105
	4		Enel S.p.A.		35
	—		Eni S.p.A.		30
	8	��	Telecom Italia S.p.A.		14
					184
			Japan — 6.0%
	—		Aoyama Trading Co., Ltd.		7
	3		Astellas Pharma, Inc.		111
	1		Canon, Inc.		31
	3		Daiichi Sankyo Co., Ltd.		77
	4		Eisai Co., Ltd.		145
	—		Fast Retailing Co., Ltd.		9
	6		Hino Motors Ltd.		37
	4		Honda Motor Co., Ltd.		147
	—		Iino Kaiun Kaisha Ltd.		2
	—		Japan Airport Terminal		2
	—		Japan Petroleum Exploration Co., Ltd.		17
	—		Japan Tobacco, Inc.		363
	1		Komatsu Ltd.		28
	1		Konica Minolta Holdings, Inc.		17
	4		Mitsubishi Estate Co., Ltd.		92
	3		Mitsui & Co., Ltd.		66
	—		NTT Urban Development Corp.		1
	—		Ryohin Keikaku Co., Ltd.		3
	3		Shionogi & Co., Ltd.		59
	—		Sky Perfect JSAT Holdings, Inc.		4
	5		Tokyo Gas Co., Ltd.		21
	1		Tokyu Corp.		5
	—		Yaskawa Electric Corp.		3
					1,247
			Luxembourg — 0.2%
	—		Gagfah S.A.		2
	—		Millicom International Cellular S.A.		43
					45
			Malaysia — 0.4%
	61		AMMB Holdings Berhad		60
	39		YTL Power International Bhd		22
					82
			Mauritius — 0.0%
	4		Golden Agri Res Ltd		3
			Mexico — 0.1%
	—		America Movil S.A.B. de C.V. ADR		9
	3		Wal-Mart de Mexico		11
					20
			Netherlands — 2.0%
	4		Aegon N.V.		57
	1		ASML Holding N.V.		22
	3		ING Groep N.V.		90
	—		Spazio Investment N.V.		1
	9		Unilever N.V. CVA		253
					423
			Norway — 1.0%
	4		DNB Nor ASA		51
	2		Seadrill Ltd.		49
	2		Sparebanken Midt-Norge		18
	1		StatoilHydro ASA ADR		31
	3		Telenor ASA		61
					210
			Philippines — 0.0%
	46		PNOC Energy Development		5

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

­ ­  97  ­ ­

Hartford Global Equity HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Russia — 2.8%
	1	AFK Sistema GDR	$	19
	1	Lukoil ADR		118
	1	Mobile Telesystems OJSC ADR		108
	4	OAO Gazprom ADR		206
	1	Severstal GDR (K)		37
	1	Uralkali (K)		60
	1	Vimpel-Communications ADR		34
				582
		Singapore — 0.9%
	21	Banyan Tree Holdings Ltd.		21
	1	Capitaland Ltd.		4
	11	DBS Group Holdings Ltd.		153
				178
		South Africa — 0.3%
	3	African Bank Investments Ltd.		10
	4	MTN Group Ltd.		60
				70
		Spain — 0.8%
	2	Banco Bilbao Vizcaya Argentaria S.A.		47
	1	Laboratorios Almiral S.A.		11
	1	Repsol-YPF S.A. ADR		25
	1	Telefonica S.A.		19
	1	Telefonica S.A. ADR		56
				158
		Sweden — 1.0%
	1	Atlas Copco Ab		11
	—	Hennes & Mauritz Ab		7
	—	Modern Times Group		4
	8	Swedish Match Ab		158
	1	Volvo Ab		16
				196
		Switzerland — 3.4%
	—	Dufry Group		23
	—	Holcim Ltd.		25
	2	Julius Baer Holding Ltd.		150
	6	Nestle S.A.		289
	—	Orascom Development Holding AG (D)		24
	1	Paris RE Holdings Ltd. (D)		20
	—	Swiss Life Holding		70
	—	Syngenta AG		40
	—	Synthes, Inc.		24
	—	Temenos Group AG (D)		13
	2	UBS AG (D)		33
				711
		Taiwan — 0.6%
	3	Hon Hai Precision Industry Co., Ltd.		15
	9	Hon Hai Precision Industry Co., Ltd. (K)		88
	5	Taiwan Semiconductor Manufacturing Co., Ltd. (D)		10
				113
		Turkey — 0.3%
	4	Turkcell Iletisim Hizmetleri ADR		65
		United Kingdom — 4.8%
	21	Aberdeen Asset Management plc		56
	1	Admiral Group plc		17
	1	AstraZeneca plc		39
	2	AstraZeneca plc ADR		99
	2	BG Group plc		59
	1	BHP Billiton plc		26
	1	BP plc ADR		36
	1	British Land Co. plc		11
	—	Brixton plc		1
	1	Burberry Group plc		11
	2	Cadbury plc		22
	1	Dail Mail & General Trust Class A		5
	1	Dawnay Day Sirius		1
	1	Dawnay Day Treveria plc		1
	—	Derwent London plc		2
	3	easyJet plc (D)		18
	1	Eurasian Natural Resources Corp. (D)		30
	—	Eurocastle Investment Ltd.		2
	—	Great Portland Est		1
	—	Hammerson plc		7
	4	Moneysupermarket.com		8
	2	National Grid plc		26
	29	Old Mutual plc		53
	6	Premier Foods plc		12
	1	Reckitt Benckiser Group plc		46
	1	Reed Elsevier plc		12
	7	Rexam plc		52
	9	Rolls-Royce Group plc		64
	1	Royal Dutch Shell plc		65
	—	Songbird Estates plc (D)		1
	3	Standard Chartered plc		82
	3	Thus Group plc (D)		9
	2	Vedanta Resources plc		84
	—	Xstrata plc		28
				986
		United States — 43.9%
	4	Abbott Laboratories		191
	2	Accenture Ltd. Class A		66
	2	ACE Ltd.		91
	—	Advance Automotive Parts, Inc.		9
	1	Aetna, Inc.		29
	—	Alleghany Corp. (D)		34
	2	American Apparel, Inc. (D)		10
	—	American Eagle Outfitters, Inc.		7
	1	American Electric Power Co., Inc.		31
	—	American Tower Corp. Class A (D)		12
	—	AMETEK, Inc.		12
	—	Amgen, Inc. (D)		20
	1	Amylin Pharmaceuticals, Inc. (D)		31
	—	Anheuser-Busch Cos., Inc.		3
	1	Applied Materials, Inc.		23
	—	Arbitron, Inc.		7
	—	Assurant, Inc.		19
	—	Atheros Communications, Inc. (D)		14
	—	Atlantic Tele-Network, Inc.		3
	—	Autodesk, Inc. (D)		11
	2	Automatic Data Processing, Inc.		83
	2	Aventine Renewable Energy Holdings, Inc. (D)		10
	1	Avnet, Inc. (D)		23
	1	Avon Products, Inc.		18

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

­ ­  98  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		United States — (continued)
	1	Baker Hughes, Inc.	$	105
	2	Bank of America Corp.		57
	1	Barr Pharmaceuticals, Inc. (D)		62
	1	Beckman Coulter, Inc.		34
	—	Becton, Dickinson & Co.		28
	—	Best Buy Co., Inc.		6
	—	BMC Software, Inc. (D)		17
	—	Boeing Co.		13
	—	Boston Properties, Inc.		9
	2	Bristol-Myers Squibb Co.		48
	1	Broadcom Corp. Class A (D)		36
	—	Brookdale Senior Living, Inc.		2
	2	C.H. Robinson Worldwide, Inc.		126
	—	Cabot Oil & Gas Corp.		25
	2	Capital One Financial Corp.		68
	—	Carlisle Cos., Inc.		4
	—	CenterPoint Energy, Inc.		5
	—	Central European Media Enterprises Ltd. (D)		15
	1	Cephalon, Inc. (D)		48
	—	CF Industries Holdings, Inc.		3
	2	Charter Communications, Inc. Class A (D)		2
	1	Chevron Corp.		63
	1	Church & Dwight Co., Inc.		31
	—	Ciena Corp. (D)		9
	10	Citizens Republic Bancorp, Inc.		27
	1	Coca-Cola Co.		43
	—	Collective Brands, Inc. (D)		4
	1	CommScope, Inc. (D)		62
	—	comScore, Inc. (D)		7
	3	Comverse Technology, Inc. (D)		57
	1	ConocoPhillips Holding Co.		67
	—	Consol Energy, Inc.		45
	5	Corning, Inc.		120
	1	Costco Wholesale Corp.		49
	6	Covenant Transport (D)		19
	2	Coventry Health Care, Inc. (D)		52
	1	Covidien Ltd.		30
	—	CTC Media, Inc. (D)		8
	—	Cubic Corp.		10
	2	Danaher Corp.		189
	—	Darden Restaurants, Inc.		10
	—	Devon Energy Corp.		24
	—	DirecTV Group, Inc. (D)		9
	5	Discover Financial Services		69
	—	DISH Network Corp. (D)		2
	—	Dominion Resources, Inc.		15
	—	DPL, Inc.		6
	—	DreamWorks Animation SKG, Inc. (D)		11
	1	DST Systems, Inc. (D)		35
	—	E.W. Scripps Co.		2
	—	Eclipsys Corp. (D)		9
	—	El Paso Corp.		10
	3	Electronic Arts, Inc. (D)		149
	2	Eli Lilly & Co.		112
	—	Entergy Corp.		3
	—	EOG Resources, Inc.		52
	—	Equinix, Inc. (D)		40
	1	Equitable Resources, Inc.		38
	—	Equity Residential Properties Trust		6
	—	Everest Re Group Ltd.		22
	3	Exelon Corp.		233
	1	Exxon Mobil Corp.		80
	1	Fairchild Semiconductor International, Inc. (D)		12
	2	FedEx Corp.		123
	—	FirstEnergy Corp.		17
	1	FMC Corp.		65
	15	Ford Motor Co. (D)		72
	—	Forest City Enterprises, Inc. Class A		3
	1	Forest Laboratories, Inc. (D)		51
	2	Forward Air Corp.		62
	—	Fossil, Inc. (D)		9
	1	FPL Group, Inc.		68
	—	Freeport-McMoRan Copper & Gold, Inc.		41
	5	Gap, Inc.		86
	1	Genentech, Inc. (D)		40
	—	General Growth Properties, Inc.		5
	1	Gilead Sciences, Inc. (D)		57
	—	Goldman Sachs Group, Inc.		52
	—	Google, Inc. (D)		105
	—	Hain Celestial Group, Inc. (D)		2
	1	Halliburton Co.		76
	—	Hanesbrands, Inc. (D)		8
	3	Health Management Associates, Inc. Class A (D)		18
	—	Herbalife Ltd.		3
	—	Hess Corp.		29
	3	Hewlett-Packard Co.		128
	1	Home Depot, Inc.		31
	1	Honeywell International, Inc.		37
	—	Hormel Foods Corp.		6
	1	Hospira, Inc. (D)		24
	3	Host Hotels & Resorts, Inc.		44
	3	Hub Group, Inc. (D)		85
	2	Huntington Bancshares, Inc.		10
	—	Illinois Tool Works, Inc.		15
	1	ImClone Systems, Inc. (D)		24
	—	Ingersoll-Rand Co. Class A		7
	4	Invesco Ltd.		103
	—	ITT Educational Services, Inc. (D)		13
	1	J.B. Hunt Transport Services, Inc.		27
	1	Kimberly-Clark Corp.		51
	—	Kimco Realty Corp.		10
	1	Kohl’s Corp. (D)		27
	—	Kroger Co.		6
	1	LAM Research Corp. (D)		32
	1	Lehman Brothers Holdings, Inc.		12
	—	Live Nation, Inc. (D)		2
	1	Lockheed Martin Corp.		100
	1	Longs Drug Stores Corp.		23
	1	Macy’s, Inc.		15
	—	Manpower, Inc.		16
	1	Marathon Oil Corp.		26
	—	Marriott International, Inc. Class A		8
	2	Marvell Technology Group Ltd. (D)		33
	4	Maxim Integrated Products, Inc.		76
	—	McAfee, Inc. (D)		16
	—	McGraw-Hill Cos., Inc.		8
	3	McKesson Corp.		144
	1	Medicines Co. (D)		20
	3	Medtronic, Inc.		173
	—	Metabolix, Inc. (D)		3
	10	Microsoft Corp.		271

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

­ ­  99  ­ ­

Hartford Global Equity HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		United States — (continued)
	—	Moody’s Corp.	$	4
	—	Mosaic Co. (D)		9
	3	NetApp, Inc. (D)		63
	1	Newell Rubbermaid, Inc.		23
	—	Newfield Exploration Co. (D)		20
	1	News Corp. Class A		12
	1	NII Holdings, Inc. Class B (D)		39
	1	Noble Energy, Inc.		101
	1	Northeast Utilities		18
	—	Northrop Grumman Corp.		25
	1	Occidental Petroleum Corp.		52
	2	Och-Ziff Capital Management Group		44
	—	Omniture, Inc. (D)		5
	5	ON Semiconductor Corp. (D)		43
	1	Onyx Pharmaceuticals, Inc. (D)		18
	—	OSI Pharmaceuticals, Inc. (D)		19
	3	Pacer International, Inc.		56
	—	Peabody Energy Corp.		26
	—	Pentair, Inc.		16
	—	PepsiCo, Inc.		21
	2	Phillip Morris International, Inc.		116
	2	Pier 1 Imports, Inc. (D)		7
	7	Popular, Inc.		44
	—	PPL Corp.		13
	2	Praxair, Inc.		149
	—	Precision Castparts Corp.		13
	—	Progress Energy, Inc.		4
	1	Prudential Financial, Inc.		44
	3	Qualcomm, Inc.		130
	—	Questar Corp.		29
	—	R.H. Donnelley Corp. (D)		1
	1	Red Hat, Inc. (D)		18
	1	Regeneron Pharmaceuticals, Inc. (D)		13
	—	Ross Stores, Inc.		17
	3	Saia, Inc. (D)		35
	10	Schering-Plough Corp.		198
	1	Schlumberger Ltd.		61
	2	Seagate Technology		34
	1	Sealed Air Corp.		21
	1	Sierra Pacific Resources		17
	—	Simon Property Group, Inc.		7
	2	Skyworks Solutions, Inc. (D)		20
	17	Smurfit-Stone Container Corp. (D)		70
	—	Sotheby’s		9
	—	Southern Union Co.		8
	—	SPX Corp.		13
	1	St. Jude Medical, Inc. (D)		35
	3	Staples, Inc.		80
	1	State Street Corp.		38
	—	Sunrise Senior Living, Inc. (D)		3
	—	Terra Industries, Inc.		8
	1	Time Warner, Inc.		10
	1	TJX Cos., Inc.		16
	—	Transocean, Inc.		35
	1	TW Telecom, Inc. (D)		13
	2	Ulta Salon, Cosmetics & Fragrances, Inc. (D)		18
	—	Under Armour, Inc. Class A (D)		6
	—	United Natural Foods, Inc. (D)		2
	6	UnitedHealth Group, Inc.		158
	—	Universal Health Services, Inc. Class B		19
	2	Unum Group		35
	1	UTI Worldwide, Inc.		24
	—	Valero Energy Corp.		18
	—	Varian Semiconductor Equipment Associates, Inc. (D)		14
	1	VeraSun Energy Corp. (D)		3
	1	VeriSign, Inc. (D)		22
	1	Vertex Pharmaceuticals, Inc. (D)		20
	4	Viacom, Inc. Class B (D)		118
	1	Visa, Inc. (D)		70
	—	Vornado Realty Trust		7
	1	Walgreen Co.		33
	3	Wal-Mart Stores, Inc.		164
	1	Walt Disney Co.		22
	16	Washington Mutual, Inc.		78
	—	Watson Pharmaceuticals, Inc. (D)		10
	2	Weatherford International Ltd. (D)		82
	5	Western Union Co.		118
	—	Williams Cos., Inc.		8
	—	Wisconsin Energy Corp.		7
	3	Wyeth		122
	1	XM Satellite Radio Holdings, Inc. Class A (D)		6
	—	XTO Energy, Inc.		14
	—	Zimmer Holdings, Inc. (D)		15
				9,085
		Total common stock (cost $20,230)	$	19,773
WARRANTS — 0.1%
		India — 0.1%
	1	Citigroup Global Certificate — Bharti Televentures (H)	$	13
	—	Reliance Industries (D)(H)		2
		Total warrants (cost $20)	$	15
EXCHANGE TRADED FUNDS — 1.1%
		United States — 1.1%
	1	Industrial Select S&P Depository Receipt	$	38
	—	ishares Goldman Sachs Tech I Index Fund		8
	3	ishares MSCI EAFE Index Fund		185
		Total exchange traded funds (cost $254)	$	231
PREFERRED STOCK — 0.3%
		Brazil — 0.3%
	2	Banco Itau Holding	$	45
	—	Telecomunicacoes de Sao Paulo S.A.		6
	—	Telemar Norte Leste S.A.		17
		Total preferred stock (cost $69)	$	68
		Total long-term investments (cost $20,573)	$	20,087

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

­ ­  100  ­ ­

Principal					Market
Amount					Value (W)
PREFERRED STOCK — (continued)
		Brazil — (continued)
SHORT-TERM INVESTMENTS — 2.2%
		Repurchase Agreements — 2.2%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $104, collateralized by FNMA 5.50%, 2038, value of $106)
$	104	2.50% dated 06/30/2008			$	104
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $112, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $115)
	112	2.40% dated 06/30/2008				112
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $19, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $19)
	19	2.70% dated 06/30/2008				19
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $167, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $170)
	167	2.70% dated 06/30/2008				167
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $—, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $—)
	—	1.80% dated 06/30/2008				—
		UBS Securities, Inc. TriParty Joint Repurchase Agreements (maturing on 07/01/2008 in the amount of $48, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $49)
	48	2.55% dated 06/30/2008			$	48
		Total short-term investments (cost $450)			$	450
		Total investments (cost $21,023) (C)	99.1	%	$	20,537
		Other assets and liabilities	0.9	%		177
		Total net assets	100.0	%	$	20,714

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 52.00% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $21,023 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,387
Unrealized Depreciation		(1,873	)
Net Unrealized Depreciation	$	(486	)

(D)	Currently non-income producing.
(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 June 30, 2008, was $56, which represents 0.27% 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 June 30, 2008, the market value of these securities amounted to $185 or 0.89% of net assets.
(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
02/2008		1	Citigroup Global Certificate - Bharti Televentures - 144A	$	19
06/2008		—	Reliance Industries - 144A		2

The aggregate value of these securities at June 30, 2008 was $15 which represents 0.07% of total net assets.

Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
S&P 500 Mini Futures		3		Long		Sep, 2008	$	(11	)

* The number of contracts does not omit 000’s.

Cash of $11 was pledged as initial margin deposit for open futures contracts at June 30,2008.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Buy)	$	12	$	12		07/01/08	$	—
British Pound (Buy)		6		6		07/02/08		—
British Pound (Sell)		9		9		07/02/08		—
Canadian Dollar (Sell)		2		2		07/07/08		—
Euro (Buy)		22		22		07/02/08		—
Euro (Sell)		16		16		07/02/08		—
Japanese Yen (Sell)		11		11		07/01/08		—
Singapore Dollar (Buy)		3		3		07/01/08		—
							$	—

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		11.7	%
Capital Goods		1.9
Consumer Cyclical		7.4
Consumer Staples		7.1
Energy		11.3
Finance		18.9
Health Care		12.9
Services		5.0
Technology		14.9
Transportation		0.9
Utilities		4.9
Short-Term Investments		2.2
Other Assets and Liabilities		0.9
Total		100.0	%

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

­ ­  101  ­ ­

Hartford Global Financial Services HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.7%
		Canada — 17.2%
	17	Bank of Montreal	$	717
	18	Bank of Nova Scotia		833
	6	Canadian Imperial Bank of Commerce		324
	1	Canadian Imperial Bank of Commerce ADR		66
	12	Canadian Western Bank		283
	29	First National Financial, Inc.		351
	5	Gluskin Sheff Associates, Inc.		98
	12	Toronto-Dominion Bank		738
				3,410
		China — 2.5%
	1,117	Bank of China Ltd.		497
		France — 7.8%
	15	AXA S.A.		456
	6	BNP Paribas		501
	7	Societe Generale Class A		599
				1,556
		Germany — 5.7%
	4	Deutsche Boerse AG		484
	4	Muenchener Rueckversicherungs-Gesellschaft AG		639
				1,123
		Italy — 4.4%
	49	Banco Popolare Scarl		870
		Malaysia — 0.5%
	98	AMMB Holdings Berhad		95
		Netherlands — 6.5%
	44	Aegon N.V.		578
	23	ING Groep N.V.		719
				1,297
		Norway — 4.4%
	49	DNB Nor ASA		625
	26	Sparebanken Midt-Norge		250
				875
		Singapore — 3.6%
	51	DBS Group Holdings Ltd.		710
		Switzerland — 8.4%
	17	Julius Baer Holding Ltd.		1,109
	11	Paris RE Holdings Ltd. (D)		243
	1	Swiss Life Holding		319
				1,671
		United Kingdom — 7.6%
	248	Aberdeen Asset Management plc		652
	253	Old Mutual plc		465
	14	Standard Chartered plc		395
				1,512
		United States — 28.1%
	11	ACE Ltd.		612
	2	Alleghany Corp. (D)		578
	19	Capital One Financial Corp.		706
	114	Citizens Republic Bancorp, Inc.		320
	44	Discover Financial Services, Inc.		582
	42	Invesco Ltd.		999
	31	Och-Ziff Capital Management Group (G)		587
	51	Popular, Inc. (G)		339
	6	South Financial Group, Inc. (G)		22
	22	Unum Group		446
	39	Washington Mutual, Inc. (G)		193
	46	Washington Mutual, Inc. with Warrants (A)(H)		203
				5,587
		Total common stock (cost $22,237)	$	19,203
PREFERRED STOCK — 2.8%
		Brazil — 2.8%
	28	Banco Itau Holding	$	561
		Total preferred stock (cost $479)	$	561
		Total long-term investments (cost $22,716)	$	19,764
Principal
Amount
SHORT-TERM INVESTMENTS — 5.9%
		Repurchase Agreements — 0.8%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $37, collateralized by FNMA 5.50%, 2038, value of $38)
$	37	2.50% dated 06/30/2008	$	37
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $40, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $41)
	40	2.40% dated 06/30/2008		40
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $7)
	6	2.70% dated 06/30/2008		6
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $59, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $60)
	59	2.70% dated 06/30/2008		59
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $—, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $—)
	59	1.80% dated 06/30/2008		—

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

­ ­  102  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $17, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $17)
$	17	2.55% dated 06/30/2008			$	17
						159
Shares
		Securities Purchased with Proceeds from Security Lending — 5.1%
		Cash Collateral Reinvestment Fund:
	1,020	Goldman Sachs FS Prime Obligation/Institutional Fund				1,020
		Total short-term investments (cost $1,179)			$	1,179
		Total investments (cost $23,895) (C)	105.4	%	$	20,943
		Other assets and liabilities	(5.4	)%		(1,080	)
		Total net assets	100.0	%	$	19,863

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 71.37% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $23,927 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	882
Unrealized Depreciation		(3,866	)
Net Unrealized Depreciation	$	(2,984	)

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $203, which represents 1.02% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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
04/2008		46	Washington Mutual, Inc. with Warrants	$	400

	The aggregate value of these securities at June 30, 2008 was $203 which represents 1.02% of total net assets.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Commercial Banking		14.1	%
Depository Credit Banking		29.9
Insurance Carriers		20.2
International Trade Financing (Foreign Banks)		5.6
Monetary Authorities — Central Bank		3.6
Nondepository Credit Banking		6.5
Other Financial Investment Activities		10.3
Real Estate Credit (Mortgage Banking)		3.8
Securities, Commodities and Brokerage		5.5
Short-Term Investments		5.9
Other Assets and Liabilities		(5.4	)
Total		100.0	%

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

­ ­  103  ­ ­

Hartford Global Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.6%
		Basic Materials — 11.8%
	362	Alcoa, Inc.	$	12,895
	726	BHP Billiton plc		27,838
	278	Cameco Corp.		11,901
	388	Companhia Vale do Rio Doce ADR		13,895
	90	Potash Corp. of Saskatchewan, Inc.		20,571
	156	Praxair, Inc.		14,739
	286	Xstrata plc		22,774
				124,613
		Capital Goods — 6.0%
	83	Alstom RGPT (G)		19,001
	147	Boeing Co.		9,667
	297	Gamesa Corporacion Tecnologica S.A.		14,550
	156	Vestas Wind Systems A/S (D)		20,350
				63,568
		Consumer Cyclical — 4.8%
	551	Arcandor AG (D)(G)		6,414
	864	Mitsui & Co., Ltd.		19,069
	44	Nintendo Co., Ltd.		25,178
				50,661
		Consumer Staples — 6.0%
	165	Carlsberg A/S Class B		15,887
	486	Nestle S.A.		21,910
	260	Reckitt Benckiser Group plc		13,140
	421	Unilever N.V. CVA		11,903
				62,840
		Energy — 10.6%
	112	Diamond Offshore Drilling, Inc. (G)		15,598
	109	Hess Corp.		13,742
	304	Nabors Industries Ltd. (D)(G)		14,946
	178	Schlumberger Ltd.		19,123
	695	Seadrill Ltd. (G)		21,217
	202	Suncor Energy, Inc. (G)		11,727
	154	Ultra Petroleum Corp. (D)		15,083
				111,436
		Finance — 7.7%
	48	Deutsche Boerse AG		5,406
	79	Goldman Sachs Group, Inc.		13,747
	178	Julius Baer Holding Ltd.		11,928
	568	Lehman Brothers Holdings, Inc. (G)		11,242
	1,392	Man Group plc		17,199
	213	National Bank of Greece		9,572
	137	Societe Generale Class A (G)		11,888
				80,982
		Health Care — 12.1%
	409	Allergan, Inc.		21,304
	423	CSL Ltd.		14,465
	678	Elan Corp. plc ADR (D)		24,110
	308	Gilead Sciences, Inc. (D)		16,287
	151	Monsanto Co.		19,036
	403	St. Jude Medical, Inc. (D)		16,487
	357	Teva Pharmaceutical Industries Ltd. ADR		16,351
				128,040
		Services — 2.4%
	123	FedEx Corp.		9,723
	285	Focus Media Holding Ltd. ADR (D)		7,906
	162	Las Vegas Sands Corp. (D)(G)		7,685
				25,314
		Technology — 30.0%
	477	ABB Ltd. (D)		13,514
	199	America Movil S.A.B de C.V. ADR		10,476
	530	American Tower Corp. Class A (D)		22,385
	103	Apple, Inc. (D)		17,296
	442	ASML Holding N.V. (G)		10,812
	640	Corning, Inc.		14,754
	192	Danaher Corp.		14,849
	782	Electronic Arts, Inc. (D)		34,749
	26	Google, Inc. (D)		13,687
	267	Hewlett-Packard Co.		11,804
	2,371	Hon Hai Precision Industry Co., Ltd.		11,658
	843	Infineon Technologies AG (D)		7,320
	214	MEMC Electronic Materials, Inc. (D)		13,176
	1,196	MetroPCS Communications, Inc. (D)(G)		21,174
	145	Millicom International Cellular S.A. (G)		14,963
	4	Nortel Networks Corp. (D)		36
	1,112	Oracle Corp. (D)		23,352
	425	Qualcomm, Inc.		18,871
	151	Research In Motion Ltd. (D)		17,652
	98	Siemens AG		10,817
	500	Telefonica S.A.		13,223
				316,568
		Transportation — 3.0%
	133	General Dynamics Corp.		11,190
	435	Royal Caribbean Cruises Ltd. (G)		9,766
	355	Ryanair Holdings plc ADR (D)(G)		10,189
				31,145
		Utilities — 3.2%
	2,637	Iberdrola Renovables (D)(G)		20,314
	191	Sunpower Corp. (D)(G)		13,741
				34,055
		Total common stock (cost $896,070)	$	1,029,222
Principal
Amount
SHORT-TERM INVESTMENTS — 13.0%
		Repurchase Agreements — 1.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,688, collateralized by FNMA 5.50%, 2038, value of $2,742)
$	2,688	2.50% dated 06/30/2008	$	2,688
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,903, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $2,961)
	2,903	2.40% dated 06/30/2008		2,903

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

­ ­  104  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $488, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $498)
$	488	2.70% dated 06/30/2008			$	488
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,304, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $4,390)
	4,303	2.70% dated 06/30/2008				4,303
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $6)
	6	1.80% dated 06/30/2008				6
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,229, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $1,253)
	1,229	2.55% dated 06/30/2008				1,229
						11,617
Shares
		Securities Purchased with Proceeds from Security Lending — 11.9%
		Cash Collateral Reinvestment Fund:
	125,260	Navigator Prime Portfolio				125,260
		Total short-term investments (cost $136,877)			$	136,877
		Total investments (cost $1,032,947) (C)	110.6	%	$	1,166,099
		Other assets and liabilities	(10.6	)%		(111,835	)
		Total net assets	100.0	%	$	1,054,264

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 52.84% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,033,684 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	202,492
Unrealized Depreciation		(70,077	)
Net Unrealized Appreciation	$	132,415

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Australian Dollar (Buy)	$	978	$	981		07/02/08	$	(3	)
Australian Dollar (Buy)		132		133		07/03/08		(1	)
British Pound (Buy)		1,244		1,245		07/02/08		(1	)
British Pound (Buy)		284		284		07/03/08		–
Danish Krone (Buy)		1,421		1,419		07/01/08		2
Euro (Sell)		2,316		2,320		07/01/08		4
Euro (Sell)		1,995		1,994		07/01/08		(1	)
Euro (Sell)		2,556		2,556		07/02/08		–
Swiss Franc (Sell)		1,838		1,829		07/01/08		(9	)
							$	(9	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		1.4
Brazil		1.3
Canada		5.9
China		0.7
Denmark		3.4
France		2.9
Germany		2.8
Greece		0.9
Ireland		3.3
Israel		1.5
Japan		4.2
Luxembourg		1.4
Mexico		1.0
Netherlands		2.2
Norway		2.0
Spain		4.6
Switzerland		4.5
Taiwan		1.1
United Kingdom		7.7
United States		44.8
Short-Term Investments		13.0
Other Assets and Liabilities		(10.6	)
Total		100.0	%

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

­ ­  105  ­ ­

Hartford Global Health HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.5%
		Drugs & Druggists Sundries Wholesalers — 3.7%
	215	McKesson Corp.	$	12,010
		Electromedical Manufacturing — 7.6%
	93	Beckman Coulter, Inc.		6,294
	357	Medtronic, Inc.		18,485
				24,779
		General Medical and Surgical Hospitals — 1.9%
	413	Health Management Associates, Inc. Class A (D)		2,689
	54	Universal Health Services, Inc. Class B		3,395
				6,084
		Health and Personal Care Stores — 2.7%
	86	Longs Drug Stores Corp.		3,638
	160	Walgreen Co.		5,208
				8,846
		Individual and Family Services — 0.2%
	85	Amil Participacoes S.A.		767
		Insurance Carriers — 4.5%
	114	Aetna, Inc.		4,600
	392	UnitedHealth Group, Inc.		10,290
				14,890
		Medical and Diagnostic Laboratories — 1.0%
	151	DiaSorin S.p.A. (D)		3,187
		Medical Equipment & Supplies Manufacturing — 9.1%
	56	Becton, Dickinson & Co.		4,577
	86	Fresenius Medical Care AG ADR		4,704
	154	St. Jude Medical, Inc. (D)		6,312
	210	Symmetry Medical, Inc. (D)		3,408
	29	Synthes, Inc.		4,041
	320	Volcano Corp. (D)		3,904
	43	Zimmer Holdings, Inc. (D)		2,892
				29,838
		Outpatient Care Centers — 2.4%
	255	Coventry Health Care, Inc. (D)		7,754
		Pharmaceutical & Medicine Manufacturing — 58.1%
	110	3SBio, Inc. ADR (D)		996
	371	Abbott Laboratories		19,662
	89	Amgen, Inc. (D)		4,197
	152	Amylin Pharmaceuticals, Inc. (D)(G)		3,852
	198	Astellas Pharma, Inc.		8,403
	146	AstraZeneca plc ADR (G)		6,218
	100	Barr Pharmaceuticals, Inc. (D)		4,490
	187	Bristol-Myers Squibb Co.		3,831
	93	Cephalon, Inc. (D)(G)		6,229
	66	Cougar Biotechnology PIPE (D)		1,578
	7	Cougar Biotechnology, Inc. (D)(G)		155
	447	Cytokinetics, Inc. (D)		1,656
	340	Daiichi Sankyo Co., Ltd.		9,375
	231	Eisai Co., Ltd.		8,142
	372	Elan Corp. plc ADR (D)		13,239
	101	Eli Lilly & Co.		4,681
	186	Forest Laboratories, Inc. (D)		6,451
	216	Gilead Sciences, Inc. (D)		11,432
	91	H. Lundbeck A/S		2,060
	90	Hospira, Inc. (D)		3,614
	97	ImClone Systems, Inc. (D)		3,921
	46	Ipsen		2,330
	110	Laboratorios Almiral S.A.		2,381
	56	OSI Pharmaceuticals, Inc. (D)(G)		2,330
	54	Profarma Distribuidora		842
	376	Progenics Pharmaceuticals, Inc. (D)(G)		5,965
	222	Sanofi-Aventis S.A. ADR		7,384
	765	Schering-Plough Corp.		15,055
	511	Shionogi & Co., Ltd.		10,118
	113	Teva Pharmaceutical Industries Ltd. ADR		5,152
	198	UCB S.A.		7,317
	120	Vertex Pharmaceuticals, Inc. (D)		4,000
	68	Wyeth		3,252
				190,308
		Professional Services — Computer System Design and Related — 0.5%
	92	Eclipsys Corp. (D)		1,685
		Scientific Research & Development Services — 7.8%
	334	Applera Corp. — Celera Group (D)		3,793
	250	Exelixis, Inc. (D)		1,247
	121	Genentech, Inc. (D)		9,184
	506	Human Genome Sciences, Inc. (D)(G)		2,634
	201	Incyte Corp. (D)(G)		1,532
	200	Medicines Co. (D)(G)		3,962
	134	Regeneron Pharmaceuticals, Inc. (D)		1,941
	164	Seattle Genetics, Inc. (D)(G)		1,388
				25,681
		Total common stock (cost $318,335)	$	325,829
Principal
Amount
SHORT-TERM INVESTMENTS — 8.4%
		Repurchase Agreements — 0.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $59, collateralized by FNMA 5.50%, 2038, value of $60)
$	58	2.50% dated 06/30/2008	$	58
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $63, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $64)
	63	2.40% dated 06/30/2008		63
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $11, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $11)
	11	2.70% dated 06/30/2008		11
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $94, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $96)
	94	2.70% dated 06/30/2008		94

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

­ ­  106  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $—, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $—)
$	—	1.80% dated 06/30/2008			$	—
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $27, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $27)
	27	2.55% dated 06/30/2008				27
						253
Shares
		Securities Purchased with Proceeds from Security Lending — 8.3%
		Cash Collateral Reinvestment Fund:
	27,309	Goldman Sachs FS Prime Obligation/Institutional Fund				27,309
		Total short-term investments (cost $27,562)			$	27,562
		Total investments (cost $345,897) (C)	107.9	%	$	353,391
		Other assets and liabilities	(7.9	)%		(25,974	)
		Total net assets	100.0	%	$	327,417

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 29.52% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $347,034 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	35,145
Unrealized Depreciation		(28,788	)
Net Unrealized Appreciation	$	6,357

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(W)	See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Belgium		2.2	%
Brazil		0.5
China		0.3
Denmark		0.6
France		3.0
Germany		1.4
Ireland		4.1
Israel		1.6
Italy		1.0
Japan		11.0
Spain		0.7
Switzerland		1.2
United Kingdom		1.9
United States		70.0
Short-Term Investments		8.4
Other Assets and Liabilities		(7.9	)
Total		100.0	%

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

­ ­  107  ­ ­

Hartford Global Technology HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.5%
		Activities Related to Credit Banking — 5.9%
	17	Visa, Inc. (D)(G)	$	1,366
	244	Western Union Co.		6,027
				7,393
		Colleges, Universities and Prof Schools — 0.7%
	10	ITT Educational Services, Inc. (D)		826
		Communications Equipment Manufacturing — 8.5%
	27	ADC Telecommunications, Inc. (D)		405
	130	Qualcomm, Inc.		5,750
	38	Research In Motion Ltd. (D)		4,419
				10,574
		Computer and Peripheral — 11.8%
	113	Hewlett-Packard Co.		4,983
	752	Hon Hai Precision Industry Co., Ltd.		3,697
	107	NetApp, Inc. (D)(G)		2,322
	191	Seagate Technology		3,650
				14,652
		Electrical and Electronic Merchandise Wholesalers — 1.9%
	21	LG Electronics, Inc. (D)		2,374
		Electrical Equipment Manufacturing — Component Other — 2.0%
	44	Ciena Corp. (D)(G)		1,010
	28	CommScope, Inc. (D)		1,457
				2,467
		Electrical Goods — 2.0%
	90	Avnet, Inc. (D)		2,450
		Employment Services — 1.4%
	29	Manpower, Inc.		1,695
		Industrial Machinery Manufacturing — 1.1%
	40	Varian Semiconductor Equipment Associates, Inc. (D)		1,403
		Industrial Machinery, Equipment Rental & Leasing — 4.7%
	347	Comverse Technology, Inc. (D)		5,873
		Internet Providers & Web Search Portal — 5.1%
	24	Equinix, Inc. (D)(G)		2,115
	8	Google, Inc. (D)		4,206
				6,321
		Management, Scientific, Technical Consulting Service — 2.0%
	63	Accenture Ltd. Class A		2,545
		Other Telecommunications — 3.0%
	157	Corning, Inc. (G)		3,608
	124	Foxconn International Holdings Ltd. (D)		120
				3,728
		Professional Services — Computer System Design and Related — 4.6%
	31	Atheros Communications, Inc. (D)		933
	32	Autodesk, Inc. (D)		1,078
	59	Automatic Data Processing, Inc.		2,468
	23	DST Systems, Inc. (D)(G)		1,239
				5,718
		Semiconductor, Electronic Component Manufacturing — 23.6%
	118	Applied Materials, Inc.		2,258
	154	ASM Pacific Technology		1,162
	95	ASML Holding N.V.		2,321
	121	Broadcom Corp. Class A (D)		3,291
	103	Fairchild Semiconductor International, Inc. (D)		1,205
	213	Infineon Technologies AG (D)		1,820
	89	Lam Research Corp. (D)		3,203
	186	Marvell Technology Group Ltd. (D)		3,290
	140	Maxim Integrated Products, Inc.		2,952
	484	ON Semiconductor Corp. (D)(G)		4,441
	209	Skyworks Solutions, Inc. (D)(G)		2,058
	622	Taiwan Semiconductor Manufacturing Co., Ltd. (D)		1,322
				29,323
		Software Publishers — 20.2%
	51	BMC Software, Inc. (D)		1,825
	126	Electronic Arts, Inc. (D)		5,603
	48	McAfee, Inc. (D)		1,633
	385	Microsoft Corp.		10,594
	90	Red Hat, Inc. (D)(G)		1,870
	43	Temenos Group AG (D)		1,333
	58	VeriSign, Inc. (D)(G)		2,204
				25,062
		Wireless Communications Services — 0.0%
	1	Nortel Networks Corp. (D)		11
		Total common stock (cost $122,753)	$	122,415
Principal
Amount
SHORT-TERM INVESTMENTS — 12.2%
		Repurchase Agreements — 0.8%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $231, collateralized by FNMA 5.50%, 2038, value of $236)
$	231	2.50% dated 06/30/2008	$	231
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $249, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $254)
	249	2.40% dated 06/30/2008		249
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $42, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $43)
	42	2.70% dated 06/30/2008		42

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

­ ­  108  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $370, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $377)
$	370	2.70% dated 06/30/2008			$	370
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $—, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $—)
	—	1.80% dated 06/30/2008				—
		UBS Securities, Inc. TriParty Joint
		Repurchase Agreement (maturing on
		07/01/2008 in the amount of $106,
		collateralized by FHLMC 7.50% —
		16.25%, 2008 — 2021, FNMA 4.50% —
		8.50%, 2009 — 2036, GNMA 9.50%,
		2022, value of $108)
	106	2.55% dated 06/30/2008				106
						998
Shares
		Securities Purchased with Proceeds from Security Lending — 11.4%
		Cash Collateral Reinvestment Fund:
	14,144	Goldman Sachs FS Prime Obligation/Institutional Fund				14,144
		Total short-term investments (cost $15,142)			$	15,142
		Total investments (cost $137,895) (C)	110.7	%	$	137,557
		Other assets and liabilities	(10.7	)%		(13,308	)
		Total net assets	100.0	%	$	124,249

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 14.95% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $138,480 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	7,986	��
Unrealized Depreciation		(8,909	)
Net Unrealized Depreciation	$	(923	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	38	$	38		07/01/08	$	—
Swiss Franc (Sell)		21		21		07/01/08		—
							$	—

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Canada		3.6	%
China		0.1
Germany		1.4
Hong Kong		0.9
Netherlands		1.9
South Korea		1.9
Switzerland		1.1
Taiwan		4.0
United States		83.6
Short-Term Investments		12.2
Other Assets and Liabilities		(10.7	)
Total		100.0	%

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

­ ­  109  ­ ­

Hartford Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.9%
		Basic Materials — 17.8%
	101	Agrium, Inc.	$	10,854
	149	Alcoa, Inc.		5,290
	84	Arch Coal, Inc.		6,279
	125	Cameco Corp. (G)		5,340
	159	Companhia Vale do Rio Doce ADR		5,681
	108	Consol Energy, Inc.		12,163
	56	Freeport-McMoRan Copper & Gold, Inc.		6,602
	42	Potash Corp. of Saskatchewan, Inc.		9,653
	55	Precision Castparts Corp.		5,272
	202	Steel Dynamics, Inc.		7,907
	37	United States Steel Corp.		6,811
	126	Vedanta Resources plc		5,439
				87,291
		Capital Goods — 8.2%
	203	ABB Ltd. ADR (D)		5,752
	114	Caterpillar, Inc.		8,399
	69	Cummins, Inc.		4,531
	90	Deere & Co.		6,514
	52	Gamesa Corporacion Tecnologica S.A.		2,529
	103	Honeywell International, Inc.		5,175
	54	Vestas Wind Systems A/S (D)		7,036
				39,936
		Consumer Cyclical — 7.6%
	108	Coach, Inc. (D)		3,126
	85	Foster Wheeler Ltd. (D)		6,184
	76	Kohl’s Corp. (D)		3,053
	125	NIKE, Inc. Class B (G)		7,427
	8	Nintendo Co., Ltd.		4,639
	268	Staples, Inc.		6,358
	211	Supervalu, Inc.		6,523
				37,310
		Consumer Staples — 1.0%
	113	Nestle S.A.		5,103
		Energy — 11.3%
	58	EOG Resources, Inc.		7,641
	162	Halliburton Co. (G)		8,614
	61	Hess Corp.		7,719
	79	Occidental Petroleum Corp.		7,069
	87	Petroleo Brasileiro S.A. ADR		6,187
	76	Transocean, Inc.		11,651
	67	Ultra Petroleum Corp. (D)		6,605
				55,486
		Finance — 5.4%
	96	AON Corp.		4,402
	61	Banco Itau Holding Financeira S.A.		1,239
	29	Goldman Sachs Group, Inc.		5,006
	74	Invesco Ltd.		1,776
	61	UnitedHealth Group, Inc.		1,601
	58	Visa, Inc. (D)		4,685
	304	Western Union Co.		7,508
				26,217
		Health Care — 12.0%
	195	Abbott Laboratories		10,349
	127	Covidien Ltd.		6,104
	249	Elan Corp. plc ADR (D)		8,841
	62	Genentech, Inc. (D)		4,716
	80	Gilead Sciences, Inc. (D)		4,262
	89	McKesson Corp.		4,984
	118	Merck & Co., Inc.		4,454
	51	Monsanto Co.		6,505
	74	Teva Pharmaceutical Industries Ltd. ADR		3,370
	103	Wyeth		4,959
				58,544
		Services — 5.3%
	106	Accenture Ltd. Class A		4,332
	44	Apollo Group, Inc. Class A (D)		1,927
	51	Fluor Corp.		9,574
	142	Focus Media Holding Ltd. ADR (D)(G)		3,940
	34	Moody’s Corp. (G)		1,154
	171	Viacom, Inc. Class B (D)		5,228
				26,155
		Technology — 27.1%
	350	Altera Corp.		7,255
	60	Apple, Inc. (D)		10,112
	177	BMC Software, Inc. (D)		6,372
	423	Cisco Systems, Inc. (D)		9,845
	134	Electronic Arts, Inc. (D)		5,967
	10	Google, Inc. (D)		5,448
	153	Hewlett-Packard Co.		6,778
	277	Intel Corp.		5,945
	79	Lockheed Martin Corp.		7,793
	138	McAfee, Inc. (D)		4,709
	253	MetroPCS Communications, Inc. (D)		4,478
	329	Microsoft Corp.		9,060
	137	NetApp, Inc. (D)		2,966
	671	Oracle Corp. (D)		14,090
	210	Qualcomm, Inc.		9,317
	113	Raytheon Co.		6,379
	59	Research In Motion Ltd. (D)		6,877
	31	Siemens AG ADR		3,369
	161	VeriSign, Inc. (D)(G)		6,090
				132,850
		Transportation — 1.2%
	92	Norfolk Southern Corp.		5,788
		Total common stock (cost $426,290)	$	474,680
Principal
Amount
SHORT-TERM INVESTMENTS — 7.0%
		Repurchase Agreements — 2.4%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,692, collateralized by FNMA 5.50%, 2038, value of $2,746)
$	2,692	2.50% dated 06/30/2008	$	2,692

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

­ ­  110  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,907, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $2,965)
$	2,907	2.40% dated 06/30/2008			$	2,907
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $489, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $499)
	489	2.70% dated 06/30/2008				489
		J.P. Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,310, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $4,396)
	4,310	2.70% dated 06/30/2008				4,310
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $6)
	6	1.80% dated 06/30/2008				6
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,231, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $1,255)
	1,230	2.55% dated 06/30/2008				1,230
						11,634
Shares
		Securities Purchased with Proceeds from Security Lending — 4.6%
		Cash Collateral Reinvestment Fund:
	22,381	Goldman Sachs FS Prime
		Obligation/Institutional Fund				22,381
		Total short-term investments (cost $34,015)			$	34,015
		Total investments (cost $460,305) (C)	103.9	%	$	508,695
		Other assets and liabilities	(3.9	)%		(18,917	)
		Total net assets	100.0	%	$	489,778

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 19.57% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $461,291 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	73,962
Unrealized Depreciation		(26,558	)
Net Unrealized Appreciation	$	47,404

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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.

­ ­  111  ­ ­

Hartford Growth Opportunities HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.6%
		Basic Materials — 19.1%
	387	Alcoa, Inc.	$	13,799
	317	Arch Coal, Inc.		23,814
	349	Ball Corp.		16,671
	325	Barrick Gold Corp.		14,796
	617	Cameco Corp.		26,451
	481	Companhia Vale do Rio Doce ADR		17,233
	222	Consol Energy, Inc.		24,980
	274	FMC Corp.		21,199
	123	Freeport-McMoRan Copper & Gold, Inc.		14,391
	672	Jarden Corp. (D)(G)		12,265
	3,751	Kingboard Chemical Holdings Ltd.		17,318
	586	Kinross Gold Corp.		13,831
	1,596	Rexam plc		12,260
	330	Sealed Air Corp.		6,281
	191	Snap-On, Inc.		9,923
	297	Terra Industries, Inc. (G)		14,632
	108	United States Steel Corp.		19,864
				279,708
		Capital Goods — 7.7%
	212	Caterpillar, Inc.		15,679
	255	Cummins, Inc.		16,701
	112	Flowserve Corp.		15,377
	273	Honeywell International, Inc.		13,747
	447	Manitowoc Co., Inc.		14,538
	412	Pall Corp.		16,328
	963	Rolls-Royce Group plc		6,511
	112	Vestas Wind Systems A/S (D)		14,589
				113,470
		Consumer Cyclical — 8.3%
	233	Dick’s Sporting Goods, Inc. (D)(G)		4,137
	857	Gap, Inc.		14,291
	348	Kohl’s Corp. (D)(G)		13,946
	415	Liz Claiborne, Inc.		5,868
	638	Mitsui & Co., Ltd.		14,077
	41	Nintendo Co., Ltd.		23,363
	301	PACCAR, Inc.		12,587
	778	Staples, Inc.		18,478
	481	Supervalu, Inc.		14,861
				121,608
		Consumer Staples — 2.9%
	3	Japan Tobacco, Inc.		12,181
	242	PepsiCo, Inc.		15,414
	297	Philip Morris International, Inc.		14,659
				42,254
		Energy — 8.4%
	373	Chesapeake Energy Corp.		24,603
	118	EOG Resources, Inc.		15,495
	215	Forest Oil Corp. (D)		16,040
	143	Lukoil ADR		13,993
	315	OAO Gazprom Class S ADR		18,273
	104	Transocean, Inc.		15,894
	280	XTO Energy, Inc.		19,169
				123,467
		Finance — 5.6%
	280	Citigroup, Inc.		4,689
	199	Comerica, Inc.		5,098
	579	Covanta Holding Corp. (D)		15,454
	41	Goldman Sachs Group, Inc.		7,223
	83	Invesco Ltd.		2,000
	192	Julius Baer Holding Ltd.		12,854
	125	Polaris Acquisition Corp. (D)		1,193
	1,342	Western Union Co.		33,174
				81,685
		Health Care — 15.2%
	301	Abbott Laboratories		15,933
	414	Alkermes, Inc. (D)		5,117
	393	Amylin Pharmaceuticals, Inc. (D)(G)		9,976
	349	Auxilium Pharmaceuticals, Inc. (D)(G)		11,747
	194	Celgene Corp. (D)		12,372
	283	Cephalon, Inc. (D)(G)		18,860
	255	Charles River Laboratories International, Inc. (D)		16,300
	539	Elan Corp. plc ADR (D)(G)		19,168
	159	ImClone Systems, Inc. (D)		6,441
	402	McKesson Corp.		22,476
	598	Medtronic, Inc.		30,957
	543	Pharmaceutical Product Development, Inc.		23,280
	604	Shionogi & Co., Ltd.		11,965
	454	St. Jude Medical, Inc. (D)		18,543
				223,135
		Services — 6.6%
	558	Aecom Technology Corp. (D)		18,139
	426	DreamWorks Animation SKG, Inc. (D)		12,705
	679	Focus Media Holding Ltd. ADR (D)		18,833
	707	Tetra Tech, Inc. (D)		15,997
	386	Viacom, Inc. Class B (D)		11,798
	595	Walt Disney Co.		18,576
				96,048
		Technology — 21.0%
	84	Apple, Inc. (D)		14,132
	499	BMC Software, Inc. (D)		17,950
	194	Equinix, Inc. (D)(G)		17,291
	583	FLIR Systems, Inc. (D)(G)		23,652
	319	Hewlett-Packard Co.		14,112
	242	Lam Research Corp. (D)		8,763
	248	Lockheed Martin Corp.		24,477
	510	McAfee, Inc. (D)		17,369
	1,095	MetroPCS Communications, Inc. (D)		19,389
	582	Microsoft Corp.		16,011
	753	MTN Group Ltd.		11,919
	640	NetApp, Inc. (D)		13,854
	849	Nuance Communications, Inc. (D)(G)		13,301
	705	Oracle Corp. (D)		14,796
	484	Qualcomm, Inc.		21,466

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

­ ­  112  ­ ­

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	242	Raytheon Co.			$	13,614
	1,251	Red Hat, Inc. (D)				25,891
	525	VeriSign, Inc. (D)				19,849
						307,836
		Transportation — 0.8%
	277	Kansas City Southern (D)(G)				12,194
		Utilities — 1.0%
	705	El Paso Corp.				15,318
		Total common stock (cost $1,333,466)			$	1,416,723
Principal
Amount
SHORT-TERM INVESTMENTS — 12.1%
		Repurchase Agreements — 4.0%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $13,655, collateralized by FNMA 5.50%, 2038, value of $13,927)
$	13,654	2.50% dated 06/30/2008			$	13,654
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $14,748, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $15,041)
	14,747	2.40% dated 06/30/2008				14,747
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,481, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $2,531)
	2,481	2.70% dated 06/30/2008				2,481
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $21,864, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $22,300)
	21,862	2.70% dated 06/30/2008				21,862
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $30, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $30)
	30	1.80% dated 06/30/2008				30
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6,242, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $6,367)
	6,242	2.55% dated 06/30/2008				6,242
						59,016
Shares
		Securities Purchased with Proceeds from Security Lending — 8.1%
		Cash Collateral Reinvestment Fund:
	117,864	Goldman Sachs FS Prime Obligation/Institutional Fund				117,864
		Total short-term investments (cost $176,880)			$	176,880
		Total investments (cost $1,510,346) (C)	108.7	%	$	1,593,603
		Other assets and liabilities	(8.7	)%		(126,892	)
		Total net assets	100.0	%	$	1,466,711

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 19.06% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,511,879 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	177,667
Unrealized Depreciation		(95,943	)
Net Unrealized Appreciation	$	81,724

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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  ­ ­

Hartford High Yield HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 0.4%
		Finance — 0.4%
		CBA Commercial Small Balance Commercial Mortgage
$	21,387	9.75%, 01/25/2039 (H)◊	$	2,085
		Soundview NIM Trust
	2,490	8.25%, 12/25/2036 (H)		75
		Total asset & commercial mortgage backed securities (cost $4,303)	$	2,160
CORPORATE BONDS: INVESTMENT GRADE — 6.0%
		Consumer Cyclical — 0.4%
		Phillips Van-Heusen Corp.
$	2,415	7.75%, 11/15/2023	$	2,354
		Finance — 0.7%
		American Real Estate Partners L.P.
	4,320	7.13%, 02/15/2013		3,921
		Northern Rock plc
	602	5.60%, 04/30/2049 (G)(I)		346
				4,267
		Services — 2.1%
		Clear Channel Communications, Inc.
	9,500	7.65%, 09/15/2010		9,744
		Wynn Las Vegas LLC
	3,650	6.63%, 12/01/2014		3,340
				13,084
		Technology — 2.1%
		Sprint Capital Corp.
	7,350	8.38%, 03/15/2012		7,277
		Sprint Nextel Corp.
	6,750	6.00%, 12/01/2016		5,805
				13,082
		Transportation — 0.2%
		Continental Airlines, Inc.
	1,242	6.80%, 08/02/2018		981
		Utilities — 0.5%
		Williams Partners L.P.
	3,015	7.25%, 02/01/2017		3,015
		Total corporate bonds: investment grade (cost $37,664)	$	36,783
CORPORATE BONDS: NON-INVESTMENT GRADE — 77.1%
		Basic Materials — 5.6%
		AK Steel Corp.
$	3,725	7.75%, 06/15/2012	$	3,734
		Berry Plastics Holding Co.
	2,000	6.65%, 09/15/2014 (L)		1,600
		Cenveo, Inc.
	1,920	10.50%, 08/15/2016 (I)		1,901
		Domtar Corp.
	4,285	5.38%, 12/01/2013		3,792
		Graham Packaging Co., Inc.
	3,060	9.88%, 10/15/2014 (G)		2,708
		Hexion Specialty Chemicals
	2,855	7.18%, 11/15/2014 (L)		2,370
		Huntsman International LLC
	1,575	7.88%, 11/15/2014 #		1,441
		MacDermid, Inc.
	3,685	9.50%, 04/15/2017 (I)		3,335
		Momentive Performance
	3,460	9.75%, 12/01/2014		2,958
		New Page Corp.
	3,720	10.00%, 05/01/2012		3,767
		Potlatch Corp.
	1,350	13.00%, 12/01/2009 (H)(L)		1,480
		Steel Dynamics, Inc.
	2,800	7.38%, 11/01/2012 (I)		2,800
		Valmont Industries, Inc.
	2,100	6.88%, 05/01/2014		2,084
				33,970
		Capital Goods — 1.4%
		Bombardier, Inc.
	2,845	6.30%, 05/01/2014 (I)#		2,717
		SPX Corp.
	2,340	7.63%, 12/15/2014 (I)		2,375
		Transdigm, Inc.
	3,700	7.75%, 07/15/2014		3,654
				8,746
		Consumer Cyclical — 11.5%
		Alliance One International, Inc.
	2,310	8.50%, 05/15/2012 (H)		2,171
		American Axle & Manufacturing Holdings, Inc.
	2,935	5.25%, 02/11/2014 (G)		2,069
		Amerigas Partners L.P.
	490	7.13%, 05/20/2016		454
	2,155	7.25%, 05/20/2015 #		2,015
		Aramark Corp.
	4,465	5.00%, 06/01/2012		3,907
		BE Aerospace, Inc.
	3,055	8.50%, 07/01/2018		3,066
		Buffalo Thunder
	3,825	9.38%, 12/15/2014 (H)		2,563
		D.R. Horton, Inc.
	4,235	4.88%, 01/15/2010		3,939
		Dollarama Group L.P.
	3,400	8.88%, 08/15/2012		3,213
		ESCO Corp.
	3,450	8.63%, 12/15/2013 (I)		3,484
		General Motors Corp.
	13,050	7.20%, 01/15/2011 (G)		10,049
		Ingles Markets, Inc.
	2,840	8.88%, 12/01/2011		2,876
		K Hovnanian Enterprises
	2,015	11.50%, 05/01/2013 (I)		2,091
		KB Home & Broad Home Corp.
	3,455	6.38%, 08/15/2011		3,179
		Michaels Stores, Inc.
	1,535	11.38%, 11/01/2016 (G)		1,220
		Neiman Marcus Group, Inc.
	1,670	9.00%, 10/15/2015		1,649
	2,330	10.38%, 10/15/2015 (G)		2,330
		Pulte Homes, Inc.
	4,190	7.88%, 08/01/2011		4,127
		SGS International, Inc.
	3,240	12.00%, 12/15/2013		2,973
		Stater Brothers Holdings, Inc.
	2,435	8.13%, 06/15/2012 (G)		2,447

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

­ ­  114  ­ ­

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Consumer Cyclical — (continued)
		Supervalu, Inc.
$	7,300	7.50%, 11/15/2014	$	7,309
		TRW Automotive, Inc.
	3,815	7.25%, 03/15/2017 (I)		3,205
				70,336
		Consumer Staples — 1.6%
		Appleton Papers, Inc.
	1,987	8.13%, 06/15/2011		1,878
	1,710	9.75%, 06/15/2014 (G)(H)#		1,590
		Constellation Brands, Inc.
	3,150	8.38%, 12/15/2014		3,189
		Dole Food Co., Inc.
	3,095	8.63%, 05/01/2009 (G)		2,948
				9,605
		Energy — 5.8%
		Chesapeake Energy Corp.
	3,300	7.25%, 12/15/2018		3,209
	3,170	7.63%, 07/15/2013		3,178
		Cie Gen Geophysique
	3,855	7.75%, 05/15/2017		3,860
		Encore Acquisition Co.
	2,295	7.25%, 12/01/2017 (G)		2,238
		Hilcorp Energy I L.P./Finance Co.
	1,660	7.75%, 11/01/2015 (I)		1,594
		Inergy L.P.
	3,240	8.25%, 03/01/2016		3,191
	600	8.25%, 03/01/2016 (I)		591
		Key Energy Services, Inc.
	3,195	8.38%, 12/01/2014 (I)		3,259
		Petrohawk Energy Corp.
	3,235	9.13%, 07/15/2013		3,316
		Plains Exploration & Production Co.
	2,310	7.63%, 06/01/2018 (G)		2,310
		Quicksilver Resources, Inc.
	2,850	7.75%, 08/01/2015 (G)		2,821
		Sonat, Inc.
	3,190	7.63%, 07/15/2011		3,220
		Tesoro Corp.
	2,690	6.63%, 11/01/2015 (G)		2,482
				35,269
		Finance — 8.5%
		Ford Motor Credit Co.
	11,325	5.46%, 01/13/2012 (L)		8,049
	5,000	5.70%, 01/15/2010		4,266
	8,525	7.16%, 04/15/2012 (L)		7,990
	1,470	7.38%, 02/01/2011		1,193
		General Motors Acceptance Corp.
	9,020	5.63%, 05/15/2009 (G)		8,352
	13,375	6.88%, 09/15/2011		9,611
		Host Marriott L.P.
	2,800	6.75%, 06/01/2016		2,485
		LPL Holdings, Inc.
	5,945	10.75%, 12/15/2015 (H)		5,826
		Rainbow National Services LLC
	1,019	10.38%, 09/01/2014 (I)		1,083
		Yankee Acquisition Corp.
	3,775	8.50%, 02/15/2015 (G)		2,944
				51,799
		Health Care — 6.6%
		Advanced Medical Optics, Inc.
	4,060	7.50%, 05/01/2017		3,735
		HCA, Inc.
	2,500	7.88%, 02/01/2011		2,462
	6,935	9.25%, 11/15/2016		7,143
		IASIS Healthcare Capital Corp.
	3,900	8.75%, 06/15/2014 #		3,939
		Invacare Corp.
	3,725	9.75%, 02/15/2015		3,725
		Multiplan Corp.
	3,950	10.38%, 04/15/2016 (I)		3,871
		Psychiatric Solutions, Inc.
	3,020	7.75%, 07/15/2015		2,990
		Reable Therapeutics Finance LLC
	2,190	11.75%, 11/15/2014 (G)		2,031
		Rite Aid Corp.
	4,375	9.50%, 06/15/2017 (G)		2,888
	2,165	10.38%, 07/15/2016 (Q)		1,961
		Skilled Healthcare Group, Inc.
	1,762	11.00%, 01/15/2014		1,863
		Warner Chilcott Corp.
	3,500	8.75%, 02/01/2015		3,553
				40,161
		Services — 12.4%
		Affinion Group, Inc.
	4,340	11.50%, 10/15/2015		4,329
		Allied Waste North America, Inc.
	2,590	6.88%, 06/01/2017 (G)		2,532
	2,410	7.88%, 04/15/2013		2,452
		AMC Entertainment, Inc.
	2,600	11.00%, 02/01/2016		2,574
		Dex Media West LLC, Inc.
	2,020	8.00%, 11/15/2013 (G)#		1,475
	4,877	9.88%, 08/15/2013 #		4,389
		DirecTV Holdings LLC
	1,155	7.63%, 05/15/2016 (I)		1,138
	2,600	8.38%, 03/15/2013		2,678
		Echostar DBS Corp.
	6,290	7.75%, 05/31/2015 (I)		6,117
		FireKeepers Development Authority
	3,125	13.88%, 05/01/2015 (G)(I)		3,055
		Harland Clarke Holdings
	3,550	9.50%, 05/15/2015		2,911
		Harrah’s Operating Co., Inc.
	9,735	10.75%, 02/01/2016 (I)		8,080
		Idearc, Inc.
	4,685	8.00%, 11/15/2016		2,946
		Iron Mountain, Inc.
	3,170	8.00%, 06/15/2020		3,122
		MGM Mirage, Inc.
	2,755	6.75%, 09/01/2012		2,473
	4,360	7.50%, 06/01/2016		3,586
		Pinnacle Entertainment, Inc.
	2,850	8.75%, 10/01/2013		2,850
		Sheridan Group, Inc.
	3,600	10.25%, 08/15/2011		3,312
		Sirius Satellite Radio, Inc.
	3,500	9.63%, 08/01/2013 (G)		2,835
		SunGard Data Systems, Inc.
	5,420	10.25%, 08/15/2015 (G)		5,447
		TL Acquisitions, Inc.
	3,760	10.50%, 01/15/2015 (I)		3,252

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

­ ­  115  ­ ­

Hartford High Yield HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Services — (continued)
		Videotron Ltee
$	2,625	6.88%, 01/15/2014	$	2,533
		Virgin Media, Inc.
	1,700	6.50%, 11/15/2016 (I)		1,755
				75,841
		Technology — 15.4%
		Advanced Micro Devices, Inc.
	3,000	5.75%, 08/15/2012 (X)		2,209
		Broadview Networks Holdings, Inc.
	2,720	11.38%, 09/01/2012		2,441
		Canwest MediaWorks L.P.
	4,560	9.25%, 08/01/2015 (I)		3,716
		CCH I Holdings LLC
	3,750	9.92%, 04/01/2014 (G)		2,100
		Charter Communications Operating LLC
	5,600	10.88%, 09/15/2014 (G)(I)		5,754
		Cincinnati Bell, Inc.
	3,285	7.25%, 07/15/2013		3,203
		Citizens Communications Co.
	3,650	7.88%, 01/15/2027		3,194
		CSC Holdings, Inc.
	6,600	7.63%, 04/01/2011 #		6,468
		Freescale Semiconductor, Inc.
	5,350	9.13%, 12/15/2014		4,160
		General Cable Corp.
	2,725	5.07%, 04/01/2015 (L)		2,418
		Intelsat Bermuda Ltd.
	5,575	11.25%, 06/15/2016 #		5,645
		Intelsat Subsidiary Holding Co.
	6,425	8.50%, 01/15/2013 (I)		6,264
		Leap Wireless International, Inc.
	2,880	9.38%, 11/01/2014 (G)		2,772
		Level 3 Financing, Inc.
	4,500	9.25%, 11/01/2014		4,095
		Mediacom LLC
	5,950	7.88%, 02/15/2011		5,489
		MetroPCS Wireless, Inc.
	3,810	9.25%, 11/01/2014		3,667
		Nortel Networks Ltd.
	4,150	10.75%, 07/15/2016 (G)		4,109
		NXP B.V./NXP Funding LLC
	2,175	5.46%, 10/15/2013 (G)(L)		1,914
	1,750	9.50%, 10/15/2015 (G)		1,522
		Qwest Communications International, Inc.
	7,570	7.50%, 02/15/2014		7,192
		Sanmina-Sci Corp.
	4,550	5.53%, 06/15/2010 — 06/15/2014 (I)(L)		4,313
		Spansion LLC
	4,315	5.81%, 06/01/2013 (I)(L)		3,150
		Wind Acquisition
EUR	1,600	9.75%, 12/01/2015 (I)		2,525
		Windstream Corp.
	5,600	8.63%, 08/01/2016		5,586
				93,906
		Transportation — 1.6%
		Bristow Group, Inc.
	2,520	7.50%, 09/15/2017		2,526
		Continental Airlines, Inc.
	3,037	7.03%, 06/15/2011		2,521
	2,624	7.37%, 12/15/2015		2,178
	818	8.39%, 11/01/2020		712
		PHI, Inc.
	2,140	7.13%, 04/15/2013		2,054
				9,991
		Utilities — 6.7%
		AES Corp.
	2,460	8.00%, 10/15/2017		2,411
		Copano Energy LLC
	3,700	8.13%, 03/01/2016		3,718
		Dynegy Holdings, Inc.
	3,050	8.75%, 02/15/2012 (G)		3,096
		Edison Mission Energy
	3,100	7.50%, 06/15/2013		3,077
		Energy Future Holdings
	3,000	10.88%, 11/01/2017 (G)(I)		3,030
		Markwest Energy Partners L.P.
	3,150	8.50%, 07/15/2016		3,197
		Mirant North America LLC
	3,100	7.38%, 12/31/2013		3,073
		NRG Energy, Inc.
	6,820	7.38%, 02/01/2016		6,419
		Reliant Energy, Inc.
	3,490	6.75%, 12/15/2014		3,560
	1,690	7.63%, 06/15/2014		1,648
	1,233	9.24%, 07/02/2017		1,331
		Texas Competitive Electric Co.
	6,450	10.25%, 11/01/2015 (I)		6,321
				40,881
		Total corporate bonds: non-investment grade (cost $500,816)	$	470,505
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 8.8%
		Basic Materials — 1.6%
		Boise Paper Holdings LLC
$	3,000	11.00%, 02/20/2015 (N)	$	2,880
		Georgia-Pacific Corp.
	3,395	4.55%, 12/20/2013 (AA)(Q)		3,203
		Mega Bloks, Inc.
	2,050	8.25%, 07/26/2012 (N)		1,763
		Smurfit-Stone Container Enterprises, Inc.
	386	4.38%, 11/01/2010 (AA)		372
	263	4.50%, 11/01/2011 (N)		253
	1,351	4.64%, 11/01/2010 — 11/01/2011 (N)		1,301
				9,772
		Capital Goods — 0.2%
		Targus Group International
	1,328	7.06%, 11/22/2012 (N)		1,069
		Consumer Cyclical — 2.1%
		American Axle & Manufacturing Holdings, Inc.
	3,600	8.35%, 06/14/2012 (N)(Q)		3,060
		Appleseed’s Brands
	3,366	6.56%, 06/25/2013 (H)(N)		2,255
		Hanesbrands, Inc.
	2,000	6.66%, 03/05/2014 (N)		1,980
		Lear Corp.
	5,874	5.13%, 04/25/2012 (N)(Q)		5,386
				12,681

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

­ ­  116  ­ ­

Principal					Market
Amount					Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Energy — 0.5%
		Turbo Beta Ltd.
$	3,201	14.50%, 03/12/2018 (H)(N)			$	3,137
		Health Care — 0.9%
		IASIS Healthcare Capital Corp.
	4,231	8.13%, 06/15/2014 (N)				3,729
		Inverness Medical Innovation, Inc.
	1,625	7.06%, 06/26/2015 (N)(Q)				1,547
						5,276
		Services — 1.8%
		Greektown Holdings LLC
	2,290	7.44%, 12/01/2012 — 12/03/2012 (F)(AA)(Q)				2,201
		Marquee Holdings, Inc.
	1,468	7.78%, 06/13/2012 (N)				1,204
		PITG Gaming Investor Holdings LLC
	2,680	13.00%, 05/15/08 (E)(H)(N)				2,144
		Tribune Co.
	3,124	7.98%, 05/26/2015 (H)(N)				1,921
		WideOpenWest Finance LLC
	4,101	9.50%, 06/29/2015 (H)(N)				3,445
						10,915
		Technology — 1.6%
		Infor Lux Bond Co.
	4,720	10.80%, 07/28/2014 (H)(N)				2,737
		Integra Telecom Holdings, Inc.
	2,050	9.90%, 04/08/2014 (N)				1,855
		Mediacom Broadband LLC
	936	3.97%, 03/31/2010 (N)				899
		Wind Acquisitions Holdings Finance S.A.
	4,276	9.98%, 12/12/2011 (N)				4,116
						9,607
		Utilities — 0.1%
		Astoria Generating Co. Acquisitions LLC
	1,000	6.56%, 08/23/2013 (N)				963
		Total senior floating rate interests: non-investment grade (cost $59,302)			$	53,420
Shares
COMMON STOCK — 0.0%
		Consumer Cyclical — 0.0%
	—	Hosiery Corp. of America, Inc. Class A (A)(D)(H)			$	—
		Technology — 0.0%
	1	AboveNet, Inc. (D)(G)				31
	—	XO Holdings, Inc. (D)				—
						31
		Total common stock (cost $4)			$	31
WARRANTS — 0.0%
		Technology — 0.0%
	—	AboveNet, Inc. (D)(G)(H)			$	14
	—	XO Holdings, Inc. (D)(H)				—
		Total warrants (cost $— )			$	14
PREFERRED STOCK — 0.2%
		Finance — 0.2%
	46	United Rentals Trust I (H)(X)				1,459
		Total preferred stock (cost $2,279)			$	1,459
		Total long-term investments (cost $604,368)			$	564,372
SHORT-TERM INVESTMENTS — 16.1%
		Investment Pools and Funds — 0.0%
	13	State Street Bank Money Market Fund			$	13
Principal
Amount
		Repurchase Agreements — 6.0%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $26,389, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $26,961)
$	26,388	1.80% dated 06/30/2008				26,388
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $10,430, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $10,601)
	10,429	1.80% dated 06/30/2008				10,429
						36,817
Shares
		Securities Purchased with Proceeds from Security Lending — 10.0%
		Cash Collateral Reinvestment Fund:
	61,081	Navigator Prime Portfolio				61,081
Principal
Amount
		U.S. Treasury Bills — 0.1%
$	600	1.99%, 09/11/2008 (M)(S)				597
		Total short-term investments (cost $98,508)			$	98,508
		Total investments (cost $702,876) (C)	108.6	%	$	662,880
		Other assets and liabilities	(8.6	)%		(52,770	)
		Total net assets	100.0	%	$	610,110

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 5.05% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

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

­ ­  117  ­ ­

Hartford High Yield HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $704,317 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,063
Unrealized Depreciation		(42,500	)
Net Unrealized Depreciation	$	(41,437	)

#	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 under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008 rounds to zero. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of June 30, 2008.
(D)	Currently non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.
(E)	This security is expected to pay in full when the pending bankruptcy is resolved.
(F)	The company is in bankruptcy. The bank loan or bond held by the fund is not in default and interest payments are expected in the future.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $91,122, which represents 14.94% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2008.
(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 June 30, 2008.
◊	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at June 30, 2008.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at June 30, 2008 was $13,341.
(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 June 30, 2008.
(X)	Convertible security.
(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	Shares/Par		Security	Cost Basis
09/2007 – 03/2008		—	AboveNet, Inc. Warrants	$	—
03/2007		2,310	Alliance One International, Inc., 8.50%, 05/15/2012		2,311
07/2007		3,366	Appleseed’s Brands, 6.56%, 06/25/2013		3,341
12/2006		1,710	Appleton Papers, Inc., 9.75%, 06/15/2014		1,720
12/2006 – 06/2007		3,825	Buffalo Thunder, 9.38%, 12/15/2014 - 144A		3,867
11/2006 – 10/2007		21,387	CBA Commercial Small Balance Commercial Mortgage, 9.75%, 01/25/2039 - 144A		2,006
10/1994		—	Hosiery Corp. of America, Inc. Class A - 144A		4
03/2007 – 06/2008		4,720	Infor Lux Bond Co., 10.80%, 07/28/2014		3,854
08/2006 – 04/2008		5,945	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		6,158
11/2007		2,680	PITG Gaming Investor Holdings LLC, 13.00%, 12/13/2008		2,646
05/2001 – 11/2001		1,350	Potlatch Corp., 13.00%, 12/01/2009		1,344
02/2007		2,490	Soundview NIM Trust, 8.25%, 12/25/2036 - 144A		2,297
05/2007		3,124	Tribune Co., 7.98%, 05/26/2015		3,124
06/2008		3,201	Turbo Beta Ltd., 14.50%, 03/12/2018		3,201
03/2007 – 07/2007		46	United Rentals Trust I		2,279
06/2007 – 06/2008		4,101	WideOpenWest Finance LLC, 9.50%, 06/29/2015		3,961
05/2006		—	XO Holdings, Inc. Warrants		—

	The aggregate value of these securities at June 30, 2008 was $32,902 which represents 5.39% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at June 30, 2008.
	Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
5 Year U.S. Treasury Note		432		Long		Sep 2008	$	(75	)

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	5,316	$	5,259		07/29/08	$	(57	)

Credit Default Swap Agreements Outstanding at June 30, 2008

Pay/

Unrealized

Reference

Buy/Sell

Receive

Expiration

Notional

Appreciation/

CounterParty

Entity

Protection

Fixed Rate

Date

Amount

(Depreciation)

Lehman Brothers Special Financing, Inc.

General Motors Corp.

Sell

6.65

%

09/20/08

$

1,875

$

(40

)

(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.

­ ­  118  ­ ­

Hartford Index HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.3%
		Basic Materials — 4.0%
	25	Air Products and Chemicals, Inc.	$	2,456
	13	AK Steel Holding Corp.		911
	96	Alcoa, Inc.		3,424
	12	Allegheny Technologies, Inc.		709
	7	Ashland, Inc.		320
	12	Ball Corp.		550
	12	Bemis Co., Inc.		264
	22	Consol Energy, Inc.		2,424
	110	Dow Chemical Co.		3,831
	106	E.I. DuPont de Nemours & Co.		4,557
	9	Eastman Chemical Co. (G)		617
	34	Eastman Kodak Co. (G)		494
	18	Fortune Brands, Inc.		1,130
	45	Freeport-McMoRan Copper & Gold, Inc.		5,296
	28	Goodyear Tire & Rubber Co. (D)		506
	13	Hercules, Inc.		226
	10	International Flavors & Fragrances, Inc.		371
	50	International Paper Co.		1,176
	49	Kimberly-Clark Corp.		2,950
	10	Massey Energy Co.		891
	20	MeadWestvaco Corp.		488
	54	Newmont Mining Corp.		2,794
	37	Nucor Corp.		2,762
	15	Pactiv Corp. (D)		328
	32	Peabody Energy Corp.		2,819
	19	PPG Industries, Inc.		1,113
	37	Praxair, Inc. (G)		3,482
	16	Precision Castparts Corp.		1,587
	15	Rohm & Haas Co.		688
	19	Sealed Air Corp.		359
	7	Snap-On, Inc.		351
	9	Stanley Works		416
	11	Titanium Metals Corp. (G)		161
	14	United States Steel Corp.		2,570
	13	Vulcan Materials Co. (G)		769
				53,790
		Capital Goods — 4.9%
	83	3M Co.		5,780
	36	Baker Hughes, Inc.		3,177
	7	Black & Decker Corp.		417
	89	Boeing Co.		5,823
	26	Cameron International Corp. (D)		1,412
	72	Caterpillar, Inc. (G)		5,351
	24	Cummins, Inc.		1,570
	51	Deere & Co.		3,669
	19	Eaton Corp.		1,648
	15	Goodrich Corp.		702
	16	Hasbro, Inc.		584
	88	Honeywell International, Inc.		4,400
	47	Illinois Tool Works, Inc.		2,226
	37	Ingersoll-Rand Co. Class A		1,404
	36	International Game Technology		912
	21	ITT Corp.		1,359
	15	Manitowoc Co., Inc.		500
	49	National Oilwell Varco, Inc. (D)		4,344
	40	Northrop Grumman Corp.		2,699
	12	Novellus Systems, Inc. (D)		249
	14	Pall Corp.		563
	20	Parker-Hannifin Corp.		1,410
	25	Pitney Bowes, Inc.		837
	17	Rockwell Automation, Inc.		758
	24	Smith International, Inc.		1,969
	20	Teradyne, Inc. (D)		224
	12	Terex Corp. (D)		608
	29	Textron, Inc.		1,410
	115	United Technologies Corp.		7,084
	106	Xerox Corp. (G)		1,438
				64,527
		Consumer Cyclical — 7.4%
	10	Abercrombie & Fitch Co. Class A		644
	247	Altria Group, Inc.		5,080
	36	Amazon.com, Inc. (D)		2,674
	16	AutoNation, Inc. (D)		160
	5	AutoZone, Inc. (D)		612
	13	Avery Dennison Corp. (G)		550
	31	Bed Bath & Beyond, Inc. (D)		858
	41	Best Buy Co., Inc.		1,616
	10	Big Lots, Inc. (D)(G)		302
	10	Brown-Forman Corp. (G)		749
	15	Centex Corp.		196
	40	Coach, Inc. (D)		1,162
	51	Costco Wholesale Corp.		3,585
	32	D.R. Horton, Inc. (G)		352
	17	Darden Restaurants, Inc.		528
	7	Dillard’s, Inc. (G)		81
	130	eBay, Inc. (D)		3,564
	16	Family Dollar Stores, Inc.		328
	264	Ford Motor Co. (D)(G)		1,272
	19	GameStop Corp. Class A (D)		770
	53	Gap, Inc.		882
	67	General Motors Corp. (G)		768
	19	Genuine Parts Co.		765
	200	Home Depot, Inc.		4,688
	26	J. C. Penney Co., Inc.		952
	70	Johnson Controls, Inc.		2,008
	10	Jones Apparel Group, Inc.		140
	9	KB Home		153
	36	Kohl’s Corp. (D)		1,450
	78	Kroger Co.		2,252
	20	Leggett & Platt, Inc.		329
	17	Lennar Corp. (G)		205
	35	Limited Brands, Inc.		595
	11	Liz Claiborne, Inc.		158
	45	Loews Corp.		2,091
	173	Lowe’s Co., Inc.		3,585
	50	Macy’s, Inc.		963
	43	Masco Corp. (G)		672
	43	Mattel, Inc.		731
	134	McDonald’s Corp.		7,516
	33	Newell Rubbermaid, Inc.		549
	45	NIKE, Inc. Class B		2,671
	21	Nordstrom, Inc. (G)		629
	32	Office Depot, Inc. (D)		352
	43	PACCAR, Inc.		1,800
	15	Patterson Cos., Inc. (D)		447
	7	Polo Ralph Lauren Corp. (G)		427
	25	Pulte Homes, Inc. (G)		243
	15	RadioShack Corp.		189
	52	Safeway, Inc.		1,475

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

­ ­  119  ­ ­

Hartford Index HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Consumer Cyclical — (continued)
	8	Sears Holdings Corp. (D)(G)	$	608
	12	Sherwin-Williams Co. (G)		536
	83	Staples, Inc.		1,968
	86	Starbucks Corp. (D)		1,352
	25	Supervalu, Inc.		775
	71	Sysco Corp.		1,948
	92	Target Corp.		4,270
	15	Tiffany & Co. (G)		607
	50	TJX Cos., Inc.		1,576
	10	V.F. Corp.		730
	8	W.W. Grainger, Inc.		631
	275	Wal-Mart Stores, Inc.		15,427
	10	Wendy’s International, Inc.		280
	17	Whole Foods Market, Inc. (G)		392
	56	Yum! Brands, Inc.		1,960
				97,828
		Consumer Staples — 7.4%
	84	Anheuser-Busch Cos., Inc.		5,228
	76	Archer Daniels Midland Co.		2,564
	50	Avon Products, Inc.		1,813
	25	Campbell Soup Co.		851
	16	Clorox Co.		849
	236	Coca-Cola Co.		12,250
	34	Coca-Cola Enterprises, Inc.		587
	60	Colgate-Palmolive Co.		4,141
	58	ConAgra Foods, Inc.		1,109
	23	Constellation Brands, Inc. Class A (D)(G)		458
	18	Dean Foods Co. (D)		351
	13	Estee Lauder Cos., Inc.		625
	40	General Mills, Inc.		2,401
	37	H.J. Heinz Co.		1,779
	20	Hershey Co. (G)		650
	30	Kellogg Co.		1,438
	179	Kraft Foods, Inc.		5,088
	21	Lorillard, Inc. (D)		1,422
	15	McCormick & Co., Inc.		540
	17	Molson Coors Brewing Co.		897
	16	Pepsi Bottling Group, Inc.		446
	187	PepsiCo, Inc.		11,895
	249	Philip Morris International, Inc.		12,288
	360	Procter & Gamble Co.		21,898
	20	Reynolds American, Inc.		942
	83	Sara Lee Corp.		1,021
	32	Tyson Foods, Inc. Class A		482
	17	UST, Inc.		954
	25	Weyerhaeuser Co.		1,276
	25	William Wrigley, Jr. Co.		1,967
				98,210
		Energy — 14.8%
	55	Anadarko Petroleum Corp.		4,135
	39	Apache Corp.		5,469
	35	BJ Services Co.		1,108
	12	Cabot Oil & Gas Corp.		779
	57	Chesapeake Energy Corp.		3,744
	244	Chevron Corp.		24,193
	182	ConocoPhillips Holding Co.		17,177
	21	Constellation Energy Group, Inc.		1,725
	53	Devon Energy Corp.		6,330
	17	ENSCO International, Inc.		1,371
	29	EOG Resources, Inc.		3,844
	623	Exxon Mobil Corp.		54,935
	103	Halliburton Co. (G)		5,462
	33	Hess Corp.		4,187
	84	Marathon Oil Corp.		4,332
	22	Murphy Oil Corp. (G)		2,201
	33	Nabors Industries Ltd. (D)(G)		1,634
	5	Nicor, Inc.		226
	32	Noble Corp.		2,062
	20	Noble Energy, Inc.		2,039
	97	Occidental Petroleum Corp.		8,699
	18	Range Resources Corp.		1,193
	13	Rowan Companies, Inc.		622
	141	Schlumberger Ltd.		15,124
	30	Sempra Energy		1,667
	40	Southwestern Energy Co. (D)		1,919
	14	Sunoco, Inc.		561
	16	Tesoro Corp. (G)		320
	38	Transocean, Inc.		5,729
	62	Valero Energy Corp.		2,567
	80	Weatherford International Ltd. (D)		3,978
	69	Williams Cos., Inc.		2,780
	60	XTO Energy, Inc.		4,130
				196,242
		Finance — 14.9%
	41	ACE Ltd.		2,260
	57	Aetna, Inc.		2,319
	60	Aflac, Inc.		3,793
	68	Allstate Corp.		3,095
	24	American Capital Strategies Ltd. (G)		568
	137	American Express Co.		5,146
	331	American International Group, Inc.		8,771
	26	Ameriprise Financial, Inc.		1,064
	35	AON Corp.		1,617
	11	Apartment Investment & Management Co. (G)		362
	12	Assurant, Inc.		776
	9	Avalonbay Communities, Inc.		806
	525	Bank of America Corp.		12,538
	135	Bank of New York Mellon Corp.		5,105
	65	BB&T Corp. (G)		1,470
	14	Boston Properties, Inc. (G)		1,273
	44	Capital One Financial Corp. (G)		1,684
	21	CB Richard Ellis Group, Inc. Class A (D)		395
	110	Charles Schwab Corp.		2,250
	45	Chubb Corp.		2,206
	33	Cigna Corp.		1,172
	20	Cincinnati Financial Corp.		510
	33	CIT Group, Inc.		227
	642	Citigroup, Inc.		10,763
	6	CME Group, Inc.		2,480
	18	Comerica, Inc.		454
	69	Countrywide Financial Corp. (G)		293
	14	Developers Diversified Realty Corp.		490
	57	Discover Financial Services, Inc.		745
	57	E*Trade Financial Corp. (D)(G)		177
	32	Equity Residential Properties Trust (G)		1,223
	76	Federal Home Loan Mortgage Corp.		1,251
	126	Federal National Mortgage Association		2,449
	10	Federated Investors, Inc.		350

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

­ ­  120  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Finance — (continued)
	68	Fifth Third Bankcorp (G)	$	690
	22	First Horizon National Corp. (G)		164
	18	Franklin Resources, Inc.		1,687
	32	General Growth Properties, Inc.		1,107
	53	Genworth Financial, Inc.		951
	46	Goldman Sachs Group, Inc.		8,132
	28	HCP, Inc.		881
	62	Host Hotels & Resorts, Inc.		841
	61	Hudson City Bancorp, Inc.		1,022
	20	Humana, Inc. (D)		794
	43	Huntington Bancshares, Inc. (G)		249
	8	IntercontinentalExchange, Inc. (D)		948
	17	Janus Capital Group, Inc.		457
	407	JP Morgan Chase & Co.		13,978
	57	Keycorp		628
	30	Kimco Realty Corp. (G)		1,033
	17	Legg Mason, Inc.		727
	82	Lehman Brothers Holdings, Inc.		1,627
	21	Leucadia National Corp.		979
	33	Lincoln National Corp.		1,492
	9	M&T Bank Corp. (G)		639
	60	Marsh & McLennan Cos., Inc.		1,603
	31	Marshall & Ilsley Corp.		469
	26	MBIA, Inc.		115
	116	Merrill Lynch & Co., Inc.		3,685
	90	Metlife, Inc.		4,767
	15	MGIC Investment Corp. (G)		89
	131	Morgan Stanley		4,710
	90	National City Corp. (G)		428
	23	Northern Trust Corp.		1,551
	31	NYSE Euronext		1,585
	20	Plum Creek Timber Co., Inc. (G)		862
	41	PNC Financial Services Group, Inc.		2,329
	33	Principal Financial Group, Inc. (G)		1,381
	83	Progressive Corp.		1,563
	31	ProLogis		1,683
	55	Prudential Financial, Inc.		3,310
	15	Public Storage		1,174
	82	Regions Financial Corp.		894
	7	Ryder System, Inc.		468
	11	Safeco Corp.		746
	26	Simon Property Group, Inc. (G)		2,381
	55	SLM Corp. (D)		1,066
	56	Sovereign Bancorp, Inc. (G)		416
	50	State Street Corp.		3,223
	42	SunTrust Banks, Inc.		1,504
	31	T. Rowe Price Group, Inc.		1,730
	11	Torchmark Corp.		667
	75	Travelers Cos, Inc.		3,236
	145	UnitedHealth Group, Inc.		3,806
	44	Unum Group (G)		901
	205	US Bancorp		5,726
	16	Vornado Realty Trust		1,399
	252	Wachovia Corp. (G)		3,916
	125	Washington Mutual, Inc. (G)		616
	62	Wellpoint, Inc. (D)		2,956
	390	Wells Fargo & Co.		9,254
	87	Western Union Co.		2,157
	22	XL Capital Ltd. Class A		453
	13	Zion Bancorp (G)		400
				198,327
		Health Care — 11.9%
	182	Abbott Laboratories		9,644
	36	Allergan, Inc.		1,887
	19	Amerisource Bergen Corp. (G)		758
	128	Amgen, Inc. (D)		6,056
	12	Bard (C.R.), Inc.		1,028
	13	Barr Pharmaceuticals, Inc. (D)		577
	74	Baxter International, Inc.		4,729
	29	Becton, Dickinson & Co.		2,337
	35	Biogen Idec, Inc. (D)		1,932
	159	Boston Scientific Corp. (D)		1,950
	234	Bristol-Myers Squibb Co.		4,794
	42	Cardinal Health, Inc.		2,172
	51	Celgene Corp. (D)		3,286
	18	Coventry Health Care, Inc. (D)(G)		544
	59	Covidien Ltd.		2,824
	169	CVS/Caremark Corp.		6,673
	117	Eli Lilly & Co.		5,384
	36	Forest Laboratories, Inc. (D)		1,248
	32	Genzyme Corp. (D)		2,269
	109	Gilead Sciences, Inc. (D)		5,762
	19	Hospira, Inc. (D)		753
	5	Intuitive Surgical, Inc. (D)		1,239
	332	Johnson & Johnson		21,391
	29	King Pharmaceuticals, Inc. (D)		305
	13	Laboratory Corp. of America Holdings (D)		914
	33	McKesson Corp.		1,831
	60	Medco Health Solutions, Inc. (D)		2,820
	133	Medtronic, Inc.		6,857
	253	Merck & Co., Inc.		9,543
	65	Monsanto Co.		8,188
	36	Mylan Inc. (G)		434
	798	Pfizer, Inc.		13,942
	19	Quest Diagnostics, Inc. (G)		901
	191	Schering-Plough Corp.		3,767
	15	Sigma-Aldrich Corp.		820
	40	St. Jude Medical, Inc. (D)		1,635
	28	Stryker Corp.		1,771
	57	Tenet Healthcare Corp. (D)(G)		316
	15	Varian Medical Systems, Inc. (D)		770
	117	Walgreen Co.		3,798
	12	Watson Pharmaceuticals, Inc. (D)		334
	157	Wyeth		7,545
	27	Zimmer Holdings, Inc. (D)		1,859
				157,587
		Services — 5.6%
	40	Allied Waste Industries, Inc. (D)		505
	16	Apollo Group, Inc. Class A (D)		721
	26	Autodesk, Inc. (D)		894
	61	Automatic Data Processing, Inc.		2,564
	20	C.H. Robinson Worldwide, Inc.		1,103
	80	CBS Corp. Class B		1,567
	15	Cintas Corp.		408
	59	Clear Channel Communications, Inc.		2,069
	34	Cognizant Technology Solutions Corp. (D)		1,109
	349	Comcast Corp. Class A		6,627

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

­ ­  121  ­ ­

Hartford Index HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

				Market
Shares				Value (W)
COMMON STOCK — (continued)
			Services — (continued)
	18		Computer Sciences Corp. (D)	$	837
	15		Convergys Corp. (D)		217
	84		DirecTV Group, Inc. (D)		2,172
	11		E.W. Scripps Co.		438
	21		Ecolab, Inc.		891
	59		Electronic Data Systems Corp.		1,463
	15		Equifax, Inc. (D)		513
	25		Expedia, Inc. (D)		452
	30	��	Express Scripts, Inc. (D)		1,857
	37		FedEx Corp.		2,883
	10		Fluor Corp.		1,947
	27		Gannett Co., Inc.		588
	38		H & R Block, Inc.		822
	56		Interpublic Group of Cos., Inc. (D)(G)		482
	14		Jacobs Engineering Group, Inc. (D)		1,157
	35		Marriott International, Inc. Class A		930
	38		McGraw-Hill Cos., Inc.		1,521
	4		Meredith Corp. (G)		125
	15		Monster Worldwide, Inc. (D)		302
	24		Moody’s Corp. (G)		826
	17		New York Times Co. Class A (G)		261
	272		News Corp. Class A		4,088
	42		Novell, Inc. (D)		248
	38		Omnicom Group, Inc.		1,694
	38		Paychex, Inc.		1,183
	25		R.R. Donnelley & Sons Co.		742
	19		Robert Half International, Inc.		449
	22		Starwood Hotels & Resorts		884
	92		Sun Microsystems, Inc. (D)		1,003
	422		Time Warner, Inc.		6,247
	42		Unisys Corp. (D)(G)		166
	120		United Parcel Service, Inc. Class B		7,404
	75		Viacom, Inc. Class B (D)		2,280
	225		Walt Disney Co.		7,011
	1		Washington Post Co. Class B		411
	58		Waste Management, Inc.		2,182
	21		Wyndham Worldwide Corp. (G)		374
					74,617
			Technology — 22.7%
	63		Adobe Systems, Inc. (D)		2,470
	72		Advanced Micro Devices, Inc. (D)(G)		420
	11		Affiliated Computer Services, Inc. Class A (D)		606
	42		Agilent Technologies, Inc. (D)		1,508
	20		Akamai Technologies, Inc. (D)(G)		690
	35		Altera Corp.		732
	47		American Tower Corp. Class A (D)		1,976
	34		Analog Devices, Inc.		1,087
	104		Apple, Inc. (D)		17,407
	20		Applera Corp. — Applied Biosystems Group		665
	160		Applied Materials, Inc.		3,053
	701		AT&T, Inc.		23,611
	22		BMC Software, Inc. (D)		810
	53		Broadcom Corp. Class A (D)		1,440
	46		CA, Inc. (G)		1,064
	12		CenturyTel, Inc.		443
	11		Ciena Corp. (D)		246
	697		Cisco Systems, Inc. (D)		16,209
	38		Citizens Communications Co.		434
	22		Citrix Systems, Inc. (D)		637
	31		Compuware Corp. (D)		294
	21		Cooper Industries Ltd.		810
	186		Corning, Inc.		4,281
	30		Danaher Corp. (G)		2,322
	238		Dell, Inc. (D)		5,216
	22		Dover Corp.		1,079
	38		Electronic Arts, Inc. (D)		1,670
	17		Embarq Corp.		824
	244		EMC Corp. (D)		3,582
	92		Emerson Electric Co.		4,555
	20		Fidelity National Information Services, Inc.		749
	19		Fiserv, Inc. (D)		879
	1,176		General Electric Co.		31,383
	27		Google, Inc. (D)		14,409
	7		Harman International Industries, Inc.		285
	291		Hewlett-Packard Co.		12,863
	21		IAC/Interactive Corp. (D)		411
	21		IMS Health, Inc.		499
	676		Intel Corp.		14,515
	162		International Business Machines Corp.		19,207
	38		Intuit, Inc. (D)		1,045
	25		Jabil Circuit, Inc.		404
	27		JDS Uniphase Corp. (D)(G)		308
	62		Juniper Networks, Inc. (D)(G)		1,371
	20		KLA-Tencor Corp.		817
	14		L-3 Communications Holdings, Inc.		1,315
	11		Lexmark International, Inc. ADR (D)		376
	26		Linear Technology Corp. (G)		852
	40		Lockheed Martin Corp.		3,930
	75		LSI Corp. (D)		461
	27		MEMC Electronic Materials, Inc. (D)		1,652
	22		Microchip Technology, Inc.		667
	90		Micron Technology, Inc. (D)		539
	945		Microsoft Corp.		25,992
	7		Millipore Corp. (D)(G)		443
	16		Molex, Inc.		400
	266		Motorola, Inc.		1,955
	25		National Semiconductor Corp.		523
	41		NetApp, Inc. (D)		878
	2		Nortel Networks Corp. (D)		14
	66		NVIDIA Corp. (D)		1,228
	468		Oracle Corp. (D)		9,826
	14		PerkinElmer, Inc.		392
	16		QLogic Corp. (D)		228
	191		Qualcomm, Inc.		8,472
	179		Qwest Communications International, Inc. (G)		705
	50		Raytheon Co.		2,808
	19		Rockwell Collins, Inc.		908
	27		SanDisk Corp. (D)		496
	337		Sprint Nextel Corp.		3,197
	99		Symantec Corp. (D)		1,918
	47		Tellabs, Inc. (D)		218
	21		Teradata Corp. (D)		490
	156		Texas Instruments, Inc.		4,393
	49		Thermo Fisher Scientific, Inc. (D)(G)		2,750
	23		Total System Services, Inc.		520
	56		Tyco Electronics Ltd.		2,020
	57		Tyco International Ltd.		2,279
	23		VeriSign, Inc. (D)		870
	336		Verizon Communications, Inc.		11,906
	12		Waters Corp. (D)		763

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

­ ­  122  ­ ­

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	9	Whirlpool Corp. (G)			$	549
	53	Windstream Corp.				651
	33	Xilinx, Inc. (G)				833
	162	Yahoo!, Inc. (D)				3,353
						301,056
		Transportation — 1.7%
	35	Burlington Northern Santa Fe Corp.				3,451
	52	Carnival Corp.				1,698
	48	CSX Corp.				3,002
	25	Expeditors International of Washington, Inc.				1,083
	47	General Dynamics Corp.				3,962
	28	Harley-Davidson, Inc.				1,011
	44	Norfolk Southern Corp.				2,777
	86	Southwest Airlines Co.				1,126
	61	Union Pacific Corp.				4,600
						22,710
		Utilities — 4.0%
	79	AES Corp. (D)				1,523
	20	Allegheny Energy, Inc.				993
	25	Ameren Corp. (G)				1,046
	47	American Electric Power Co., Inc.				1,905
	39	CenterPoint Energy, Inc.				622
	27	CMS Energy Corp.				395
	32	Consolidated Edison, Inc.				1,257
	68	Dominion Resources, Inc.				3,240
	19	DTE Energy Co.				816
	149	Duke Energy Corp.				2,593
	59	Dynegy Holdings, Inc. (D)				504
	38	Edison International				1,977
	83	El Paso Corp.				1,800
	23	Entergy Corp.				2,725
	77	Exelon Corp.				6,964
	36	FirstEnergy Corp.				2,957
	48	FPL Group, Inc.				3,160
	9	Integrys Energy Group, Inc.				460
	32	NiSource, Inc.				581
	24	Pepco Holdings, Inc.				613
	42	PG&E Corp.				1,671
	12	Pinnacle West Capital Corp. (G)				367
	44	PPL Corp.				2,303
	31	Progress Energy, Inc.				1,288
	60	Public Service Enterprise Group, Inc.				2,754
	20	Questar Corp.				1,449
	90	Southern Co.				3,160
	75	Spectra Energy Corp.				2,148
	25	TECO Energy, Inc.				535
	51	Xcel Energy, Inc.				1,018
						52,824
		Total common stock (cost $1,215,880)			$	1,317,718
Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 3.6%
		Repurchase Agreements — 0.7%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $6,410, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $6,549)
$	6,410	1.80% dated 06/30/2008			$	6,410
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,533, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $2,575)
	2,533	1.80% dated 06/30/2008				2,533
						8,943
Shares
		Securities Purchased with Proceeds from Security Lending — 2.8%
		Cash Collateral Reinvestment Fund:
	37,316	Goldman Sachs FS Prime Obligation/Institutional Fund				37,316
Principal
Amount
		U.S. Treasury Bills — 0.1%
$	1,400	1.99%, 09/11/2008 (M)(S)				1,395
		Total short-term investments (cost $47,654)			$	47,654
		Total investments (cost $1,263,534) (C)	102.9	%	$	1,365,372
		Other assets and liabilities	(2.9	)%		(38,414	)
		Total net assets	100.0	%	$	1,326,958

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,284,771 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	342,928
Unrealized Depreciation		(262,327	)
Net Unrealized Appreciation	$	80,601

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008.
	Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
S&P 500 Index		34		Long		Sep 2008	$	(486	)

	* 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.

­ ­  123  ­ ­

Hartford International Growth HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 91.9%
		Australia — 2.0%
	493	CSL Ltd.	$	16,883
		Belgium — 1.5%
	2,406	Hansen Transmissions (D)		12,828
		Brazil — 0.8%
	92	Companhia Vale do Rio Doce ADR		3,281
	56	Petroleo Brasileiro S.A. ADR		3,981
				7,262
		Canada — 6.8%
	50	Cameco Corp.		2,144
	1	Nortel Networks Corp. (D)		6
	145	Potash Corp. of Saskatchewan, Inc.		33,211
	198	Research In Motion Ltd. (D)		23,135
				58,496
		China — 2.3%
	511	LDK Solar Co. Ltd (D)(G)		19,360
		Denmark — 5.8%
	170	Carlsberg A/S Class B		16,342
	255	Vestas Wind Systems A/S (D)		33,142
				49,484
		Egypt — 1.4%
	193	Orascom Telecom Holding SAE GDR (G)		12,365
		Finland — 1.5%
	539	Nokia Oyj		13,166
		France — 7.0%
	68	Alstom RGPT (G)		15,592
	117	BNP Paribas		10,516
	164	Societe Generale Class A		14,195
	101	Sodexo		6,616
	38	Vallourec		13,118
				60,037
		Germany — 12.4%
	91	Allianz SE-REG		16,014
	1,541	Arcandor AG (D)(G)		17,937
	542	Commerzbank AG		16,139
	553	Infineon Technologies AG (D)		4,798
	48	K + S AG		27,487
	104	Merck KGaA		14,756
	45	Wacker Chemie AG		9,345
				106,476
		Ireland — 4.4%
	700	Elan Corp. plc ADR (D)(G)		24,885
	456	Ryanair Holdings plc ADR (D)(G)		13,086
				37,971
		Israel — 1.2%
	233	Teva Pharmaceutical Industries Ltd. ADR		10,662
		Japan — 7.4%
	207	Elpida Memory, Inc. (D)		6,639
	303	Komatsu Ltd.		8,470
	3	Mizuho Financial Group, Inc.		12,800
	55	Nintendo Co., Ltd.		31,246
	96	Sony Corp.		4,212
				63,367
		Luxembourg — 0.4%
	36	Arcelor		3,494
		Netherlands — 1.9%
	360	ASML Holding N.V. (G)		8,817
	270	Unilever N.V. CVA		7,627
				16,444
		Norway — 2.9%
	548	Renewable Energy Corp. AS (D)		14,156
	356	Seadrill Ltd.		10,879
				25,035
		Russia — 1.2%
	99	OAO Gazprom Class S ADR		5,719
	149	Vimpel-Communications ADR		4,422
				10,141
		Spain — 2.5%
	148	Gamesa Corporacion Tecnologica S.A.		7,266
	1,797	Iberdrola Renovables (D)		13,846
				21,112
		Switzerland — 8.3%
	257	Julius Baer Holding Ltd.		17,221
	325	Nestle S.A.		14,629
	78	Novartis AG		4,316
	23	Syngenta AG		7,363
	34	Synthes, Inc.		4,733
	1,096	UBS AG (D)		22,832
				71,094
		Taiwan — 1.3%
	493	High Technology Computer Corp.		11,018
		United Kingdom — 18.9%
	1,117	3I Group plc		18,278
	11,072	Arm Holdings plc		18,691
	920	Autonomy Corp. plc (D)		16,484
	2,815	British Airways plc		11,990
	885	Cadbury plc		11,096
	3,052	Carphone Warehouse Group plc (G)		11,994
	600	Compass Group plc		4,517
	2,899	easyJet plc (D)(G)		15,502
	388	Eurasian Natural Resources Corp. (D)		10,216
	140	HBOS plc		765
	56	HBOS plc Rights		12
	2,161	Man Group plc		26,691
	2,256	Michael Page International plc (G)		10,449
	73	Xstrata plc		5,806
				162,491
		Total common stock (cost $811,731)	$	789,186

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

­ ­  124  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 16.6%
		Repurchase Agreements — 4.6%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $9,220, collateralized by FNMA 5.50%, 2038, value of $9,404)
$	9,220	2.50% dated 06/30/2008			$	9,220
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $9,958, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $10,156)
	9,957	2.40% dated 06/30/2008				9,957
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,675, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $1,709)
	1,675	2.70% dated 06/30/2008				1,675
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $14,763, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $15,057)
	14,762	2.70% dated 06/30/2008				14,762
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $20, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $20)
	20	1.80% dated 06/30/2008				20
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,215, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $4,299)
	4,215	2.55% dated 06/30/2008				4,215
						39,849
Shares
		Securities Purchased with Proceeds from Security Lending — 12.0%
		Cash Collateral Reinvestment Fund:
	102,692	Goldman Sachs FS Prime Obligation/Institutional Fund				102,692
		Total short-term investments (cost $142,541)			$	142,541
		Total investments (cost $954,272) (C)	108.5	%	$	931,727
		Other assets and liabilities	(8.5	)%		(72,917	)
		Total net assets	100.0	%	$	858,810

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 91.89% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $956,742 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	68,517
Unrealized Depreciation		(93,532	)
Net Unrealized Depreciation	$	(25,015	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Sell)	$	176	$	176		07/01/08	$	—
British Pound (Buy)		653		653		07/02/08		—
British Pound (Buy)		497		497		07/03/08		—
British Pound (Buy)		35,960		35,531		09/05/08		429
British Pound (Sell)		35,960		35,461		09/05/08		(499	)
Euro (Sell)		4,044		4,047		07/01/08		3
Euro (Sell)		11,554		11,545		07/01/08		(9	)
Euro (Sell)		8,019		8,035		07/02/08		16
Euro (Buy)		695		695		07/03/08		—
Japanese Yen (Sell)		1,104		1,088		07/01/08		(16	)
Japanese Yen (Sell)		2,757		2,753		07/02/08		(4	)
Japanese Yen (Sell)		2,313		2,330		07/03/08		17
South African Rand (Sell)		1,672		1,633		07/01/08		(39	)
South African Rand (Sell)		1,823		1,803		07/02/08		(20	)
Swiss Franc (Buy)		4,330		4,340		07/03/08		(10	)
							$	(132	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		12.6
Capital Goods		9.0
Consumer Cyclical		7.1
Consumer Staples		8.8
Energy		2.4
Finance		16.0
Health Care		8.9
Services		2.5
Technology		16.7
Transportation		4.7
Utilities		3.2
Short-Term Investments		16.6
Other Assets and Liabilities		(8.5	)
Total		100.0	%

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

­ ­  125  ­ ­

Hartford International Opportunities HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 94.6%
		Australia — 0.4%
	594	Caltex Australia Ltd. (G)	$	7,426
		Austria — 1.5%
	402	OMV AG		31,389
		Brazil — 3.5%
	1,451	Banco Bradesco S.A. (G)		29,685
	1,470	Bolsa De Mercadorias e Futuros		12,665
	228	MMX Mineracao E Metalicos S.A. (D)		7,023
	319	Petroleo Brasileiro S.A. ADR		22,609
				71,982
		Canada — 4.2%
	331	Brookfield Asset Management, Inc.		10,744
	489	Canadian Natural Resources Ltd.		48,378
	1,276	Talisman Energy, Inc. (G)		28,262
				87,384
		China — 2.8%
	51,320	Bank of China Ltd. (G)		22,857
	2,255	China Communications Construction Co., Ltd. (G)		3,866
	7,118	China Merchants Bank Co., Ltd. (G)		22,417
	76	PetroChina Co. Ltd. ADR (G)		9,768
				58,908
		Denmark — 1.0%
	325	Novo Nordisk A/S		21,418
		Egypt — 0.8%
	266	Orascom Telecom Holding SAE GDR (G)		16,997
		Finland — 3.0%
	390	Fortum Corp.		19,742
	1,744	Nokia Oyj		42,624
				62,366
		France — 9.8%
	514	Air France (G)		12,253
	247	AXA S.A. (G)		7,264
	269	BNP Paribas (G)		24,198
	270	Bouygues S.A. (G)		17,826
	530	Cie Generale d’Optique Essilor International S.A. (D)(G)		32,334
	866	France Telecom S.A. (G)		25,404
	95	Michelin (C.G.D.E.) Class B		6,809
	479	Sanofi-Aventis S.A. (G)		31,818
	197	Schneider Electric S.A. (G)		21,178
	408	Veolia Environment S.A. (G)		22,750
				201,834
		Germany — 6.4%
	224	Allianz SE-REG		39,409
	157	Deutsche Boerse AG		17,780
	139	Deutsche Postbank AG (G)		12,254
	151	E.On AG		30,457
	291	Siemens AG		32,252
				132,152
		Hong Kong — 1.3%
	11,112	Shangri-La Asia Ltd.		26,036
		India — 0.4%
	384	JSW Steel Ltd.		8,068
		Ireland — 2.9%
	959	Elan Corp. plc ADR (D)(G)		34,075
	1,025	Ryanair Holdings plc (D)		4,528
	715	Ryanair Holdings plc ADR (D)(G)		20,503
				59,106
		Israel — 2.2%
	641	Israel Chemicals Ltd.		14,924
	689	Teva Pharmaceutical Industries Ltd. ADR		31,556
				46,480
		Japan — 7.7%
	668	Canon, Inc. (G)		34,386
	466	Honda Motor Co., Ltd. (G)		15,893
	13	Japan Tobacco, Inc.		57,157
	754	Mitsubishi Estate Co., Ltd.		17,262
	1,178	Mitsui & Co., Ltd.		26,000
	1,117	Toshiba Corp. (G)		8,241
				158,939
		Luxembourg — 2.0%
	422	Arcelor		41,446
		Mexico — 0.4%
	516	Grupo Aeroportuario Del ADR (G)		8,563
		Netherlands — 3.1%
	1,719	Aegon N.V.		22,599
	1,048	ASML Holding N.V.		25,659
	573	Unilever N.V. CVA		16,202
				64,460
		Norway — 2.8%
	145	Aker Kvaerner (G)		3,427
	1,503	Norsk Hydro ASA (G)		21,910
	847	Telenor ASA (G)		15,906
	182	Yara International ASA		16,100
				57,343
		Qatar — 0.3%
	759	Commercial Bank of Qatar (D)(I)		6,454
		Russia — 4.1%
	839	OAO Gazprom Class S ADR (G)		48,650
	2,069	OAO Rosneft Oil Co. (K)		23,999
	159	Uralkali (I)		11,587
				84,236
		South Africa — 2.3%
	743	Impala Platinum Holdings Ltd.		29,201
	1,112	MTN Group Ltd.		17,609
				46,810
		South Korea — 0.2%
	43	LG Electronics, Inc. (D)		4,858
		Spain — 1.6%
	1,772	Banco Santander Central Hispano S.A.		32,321
		Sweden — 1.1%
	1,637	Sandvik Ab (G)		22,247

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

­ ­  126  ­ ­

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Switzerland — 7.0%
	215	ABB Ltd. (D)			$	6,100
	559	Julius Baer Holding Ltd.				37,500
	1,329	Nestle S.A.				59,883
	147	Synthes, Inc.				20,284
	994	UBS AG (D)				20,711
						144,478
		United Kingdom — 19.9%
	373	AstraZeneca plc				15,866
	1,286	BG Group plc				33,429
	862	BHP Billiton plc				33,047
	2,521	British Airways plc				10,739
	768	British Land Co. plc				10,802
	679	Imperial Tobacco Group plc				25,222
	317	Johnson Matthey plc				11,590
	595	Reckitt Benckiser Group plc				30,058
	1,454	SABMiller plc (G)				33,209
	2,209	Smith & Nephew plc				24,231
	892	Standard Chartered plc				25,252
	13,958	Vodafone Group plc				41,125
	2,431	Wolseley plc				18,111
	1,236	Xstrata plc				98,427
						411,108
		United States — 1.9%
	1,684	Invesco Ltd. (G)				40,388
		Total common stock (cost $1,973,526)			$	1,955,197
EXCHANGE TRADED FUNDS — 1.8%
		United States — 1.8%
	551	ishares MSCI EAFE Index Fund (G)			$	37,854
		Total exchange traded funds (cost $41,470)			$	37,854
		Total long-term investments (cost $2,014,996)			$	1,993,051
Principal
Amount
SHORT-TERM INVESTMENTS — 19.1%
		Repurchase Agreements — 2.8%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $13,564, collateralized by FNMA 5.50%, 2038, value of $13,834)
$	13,563	2.50% dated 06/30/2008			$	13,563
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $14,649, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $14,941)
	14,648	2.40% dated 06/30/2008				14,648
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,465, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $2,514)
	2,464	2.70% dated 06/30/2008				2,464
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $21,718, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $22,150)
	21,716	2.70% dated 06/30/2008				21,716
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $30, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $30)
	30	1.80% dated 06/30/2008				30
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6,201, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $6,324)
	6,200	2.55% dated 06/30/2008				6,200
						58,621
Shares
		Securities Purchased with Proceeds from Security Lending — 16.3%
		Cash Collateral Reinvestment Fund:
	336,292	Navigator Prime Portfolio				336,292
		Total short-term investments (cost $394,913)			$	394,913
		Total investments (cost $2,409,909) (C)	115.5	%	$	2,387,964
		Other assets and liabilities	(15.5	)%		(319,977	)
		Total net assets	100.0	%	$	2,067,987

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 92.59% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $2,412,446 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	142,550
Unrealized Depreciation		(167,032	)
Net Unrealized Depreciation	$	(24,482	)

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

­ ­  127  ­ ­

Hartford International Opportunities HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $18,041, which represents 0.87% 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 June 30, 2008, the market value of these securities amounted to $23,999 or 1.16% of net assets.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Buy)	$	27,477	$	27,498		07/02/08	$	(21	)
British Pound (Buy)		7,711		7,712		07/03/08		(1	)
British Pound (Sell)		19,990		19,696		09/05/08		(294	)
Euro (Sell)		4,726		4,734		07/01/08		8
Euro (Sell)		26,817		26,864		07/02/08		47
Euro (Buy)		2,106		2,106		07/03/08		—
Norwegian Krone (Sell)		4,499		4,520		07/02/08		21
Norwegian Krone (Sell)		3,662		3,665		07/03/08		3
Swiss Franc (Sell)		7,307		7,326		07/02/08		19
							$	(218	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		16.1
Capital Goods		1.5
Consumer Cyclical		6.0
Consumer Staples		9.1
Energy		10.3
Finance		21.2
Health Care		10.2
Services		1.8
Technology		13.9
Transportation		2.8
Utilities		3.5
Short-Term Investments		19.1
Other Assets and Liabilities		(15.5	)
Total		100.0	%

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

­ ­  128  ­ ­

Hartford International Small Company HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 100.3%
		Australia — 6.2%
	569	Asciano Group (G)	$	1,893
	1,880	Centamin Egypt Ltd. (D)		2,161
	1,854	Energy World Corp., Ltd. (D)		2,081
	224	Karoon Gas Australia Ltd. (D)		971
	285	Karoon Gas Australia Ltd. Private Placement (A)(D)(H)(Q)		1,119
	1,385	Oxiana, Ltd. (G)		3,468
	386	Programmed Maintenance Services Ltd.		1,237
	334	Ramsay Health Care Ltd.		2,782
	219	Transfield Services Ltd.		1,556
	557	Whitehaven Coal Ltd. (D)		2,386
	1,145	WHK Group Ltd. (G)		1,227
				20,881
		Belgium — 1.0%
	4	D’ieteren S.A.		1,158
	43	Umicore		2,130
				3,288
		Brazil — 2.9%
	99	Dufry South America Ltd.		2,085
	27	Fertilizantes Fosfatados		2,050
	158	Lupatech S.A. (D)		5,761
				9,896
		Canada — 1.3%
	26	First Quantum Minerals Ltd.		1,701
	271	Uranium Participation Corp. (D)(G)		2,588
				4,289
		China — 3.3%
	1,500	Cosco Pacific Ltd. (G)		2,463
	80	Mindray Medical International Ltd. (G)		2,982
	1,492	Shandong Weigao Group Medical Polymer Co., Ltd. (G)		2,166
	2,408	Sinofert Holdings Ltd. (G)		1,870
	1,036	Stella International (G)		1,859
				11,340
		Cyprus — 0.5%
	162	Prosafe Se (G)		1,607
		Denmark — 0.8%
	34	Genmab A/S (D)		1,277
	68	H. Lundbeck A/S		1,536
				2,813
		Finland — 2.5%
	105	Nokian Rendaat Oyj		4,966
	54	Outotec Oyj		3,449
				8,415
		France — 7.6%
	34	BioMerieux S.A.		3,918
	13	Cegedim S.A.		1,195
	32	Compagnie Generale de Geophysique-Veritas (D)		1,516
	13	Guerbet S.A.		2,715
	75	Ipsen		3,854
	72	Korian		2,689
	128	Maurel ET Prom (G)		3,014
	18	Remy Cointreau		954
	132	Rhodia S.A. (G)		2,411
	27	Seche Environment (G)		3,549
				25,815
		Germany — 5.2%
	192	Arcandor AG (D)(G)		2,233
	18	ElringKlinger AG		1,701
	26	Hochtief AG		2,626
	88	Kontron AG		1,207
	26	MTU Aero Engines Holdings AG		842
	5	Puma AG Rudolf Dassler Sport (G)		1,805
	98	Rhoen-Klinikum AG		3,101
	56	Stada Arzneimittel AG		3,992
				17,507
		Hong Kong — 5.6%
	489	China Mengniu Dairy Co. (G)		1,384
	774	Dickson Concept International		539
	309	Far East Pharmaceutical Technology Co., Ltd. (A)(D)(G)(H)		—
	3,970	First Pacific Co., Ltd. (G)		2,504
	1,410	Hidili Industry International Development		2,464
	3,115	Huabao International Holdings Ltd.		2,958
	498	Kingboard Chemical Holdings Ltd.		2,297
	1,836	Peace Mark Holdings Ltd. (G)		1,279
	1,533	Shangri-La Asia Ltd.		3,592
	2,302	Shun Tak Holdings Ltd. (G)		2,158
				19,175
		Indonesia — 0.2%
	1,810	Indika Energy (D)		643
		Israel — 0.9%
	338	Makhteshim-Agan Industries Ltd.		3,140
		Italy — 4.0%
	286	Antichi Pellettieri S.p.A.		3,240
	66	Autogrill S.p.A (D)(G)		791
	125	DiaSorin S.p.A. (D)		2,638
	163	Enia S.p.A. (G)		2,039
	560	Immobiliare Grande Distribuzione (G)		1,650
	75	Mariella Burani Fashion Group S.p.A. (G)		1,814
	65	Pirelli & C. Real Estate S.p.A.		1,267
				13,439
		Japan — 25.2%
	134	Aeon Delight Co., Ltd. (G)		2,744
	76	AEON Mall Co., Ltd.		2,239
	333	Asics Corp.		3,640
	134	Benesse Corp.		5,407
	165	Gunma Bank Ltd.		1,100
	50	Hisamitsu Pharmaceutical Co., Inc.		2,169
	343	Hitachi Metals Ltd.		5,632
	282	Iino Kaiun Kaisha Ltd. (G)		2,567
	27	Japan Petroleum Exploration Co., Ltd.		1,899
	6	Jupiter Telecommunications Co., Ltd.		4,996
	3	KK DaVinci Advisors (D)(G)		1,807
	59	Kobayashi Pharmaceutical Co., Ltd. (G)		1,895
	125	Mitsubishi Tanabe Pharma Corp.		1,634
	100	Miura Co., Ltd. (G)		2,339
	83	Modec, Inc. (G)		2,698
	339	Nabtesco Corp.		5,199

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

­ ­  129  ­ ­

Hartford International Small Company HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Japan — (continued)
	110	OBIC Business Consultants Ltd. (G)	$	4,813
	29	OBIC Co., Ltd.		4,793
	64	Point, Inc. (G)		1,834
	1	RISA Partners, Inc. (G)		1,336
	148	Securities Carbon Ltd. (G)		1,133
	374	Shinko Plantech Co., Ltd.		5,779
	158	Shionogi & Co., Ltd.		3,124
	99	Sysmex Corp. (G)		3,886
	103	Taiyo Ink Manufacturing Co., Ltd. (G)		2,242
	173	Tokai Carbon Co. (G)		1,765
	17	Toyoda Gosei Co., Ltd.		497
	91	Toyota Boshoku Corp.		2,429
	72	Unicharm Petcare Corp.		2,140
	187	Yokogawa Electric Corp.		1,709
				85,445
		Liechtenstein — 0.7%
	10	Verwalt & Privat-Bank AG		2,498
		Malaysia — 0.4%
	4,845	Air Asia BHD (D)		1,293
		Netherlands — 2.6%
	689	Dockwise Ltd. (D)(G)		2,565
	99	SBM Offshore N.V. (G)		3,639
	195	Spazio Investment N.V. (G)		2,628
				8,832
		Norway — 3.7%
	1,318	DNO International ASA (D)(G)		2,745
	54	Kongsberg Gruppen ASA		4,072
	214	TGS Nopec Geophysical Co. ASA (D)(G)		2,971
	398	Wavefield Inseis ASA (D)		2,814
				12,602
		Papua New Guinea — 0.5%
	161	New Britain Palm Oil Ltd.		1,750
		Russia — 0.4%
	132	Magnit OJSC (D)		1,528
		Singapore — 0.8%
	2,313	Goodpack Ltd. (G)		2,624
		South Korea — 3.3%
	13	Cheil Communications, Inc. (G)		3,009
	57	Hana Tour Service, Inc.		1,876
	39	Hanjin Heavy Industrial & Construction (G)		1,662
	60	Hotel Shilla Co., Ltd. (G)		1,557
	52	Korea Plant Service & Engineering Co., Ltd.		1,053
	27	Samsung Engineering Co., Ltd.		1,985
				11,142
		Spain — 1.7%
	63	Grifols S.A.		2,016
	171	Laboratorios Almiral S.A.		3,706
				5,722
		Sweden — 2.2%
	247	Black Earth Farming LTD — SDR (D)		1,863
	160	Munters Ab (G)		1,510
	201	Swedish Match Ab (G)‡		4,088
				7,461
		Switzerland — 3.5%
	10	Bachem Holding AG Class B (G)		931
	71	Dufry Group		6,482
	118	Paris RE Holdings Ltd. (D)		2,522
	62	Temenos Group AG (D)(G)		1,898
				11,833
		United Kingdom — 13.3%
	73	3I Group plc		1,188
	243	Admiral Group plc		3,842
	35	Aveva Group plc		1,061
	111	Babcock International Group plc		1,355
	639	British Airways plc		2,721
	285	Cape plc (D)		1,588
	518	Clapham House Group plc (D)		1,096
	99	Close Brothers Group plc		1,087
	323	Detica Group plc		1,695
	521	easyJet plc (D)(G)		2,785
	489	Fenner plc		2,357
	2,547	Guinness Peat Group plc		2,657
	697	Hampson Industries plc		2,379
	170	Hamworthy KSE		1,833
	364	Lancashire Holdings Ltd.		2,208
	441	Mears Group plc		2,413
	147	Persimmon plc (G)		918
	420	Rexam plc		3,225
	1,096	Senior plc		2,138
	150	Ultra Electronics Holdings plc		3,556
	139	VT Group plc		1,743
	605	Wolfson Microelectronics plc (D)		1,429
				45,274
		Total common stock (cost $366,142)	$	340,252
Principal
Amount
SHORT-TERM INVESTMENTS — 19.2%
		Repurchase Agreements — 1.0%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $777, collateralized by FNMA 5.50%, 2038, value of $793)
$	777	2.50% dated 06/30/2008	$	777
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $839, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $856)
	839	2.40% dated 06/30/2008		839

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

­ ­  130  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $141, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $144)
$	141	2.70% dated 06/30/2008			$	141
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,245, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $1,269)
	1,245	2.70% dated 06/30/2008				1,245
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $2)
	2	1.80% dated 06/30/2008				2
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $355, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $362)
	355	2.55% dated 06/30/2008				355
						3,359
Shares
		Securities Purchased with Proceeds from Security Lending — 18.2%
		Cash Collateral Reinvestment Fund:
	61,566	Navigator Prime Portfolio				61,566
		Total short-term investments (cost $64,925)			$	64,925
		Total investments (cost $431,067) (C)	119.5	%	$	405,177
		Other assets and liabilities	(19.5	)%		(66,090	)
		Total net assets	100.0	%	$	339,087

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 100.34% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $432,446 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	24,422
Unrealized Depreciation		(51,691	)
Net Unrealized Depreciation	$	(27,269	)

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $1,119, which represents 0.33% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
‡	This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions setting in the future.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at June 30, 2008 was $946.
(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		309	Far East Pharmaceutical Technology Co., Ltd.	$	445
06/2008		285	Karoon Gas Australia Ltd. Private Placement		946

The aggregate value of these securities at June 30, 2008 was $1,119 which represents 0.33% of total net assets.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Australian Dollar (Buy)	$	79	$	79		07/01/08	$	—
Australian Dollar (Buy)		92		93		07/02/08		(1	)
British Pound (Buy)		486		485		07/01/08		1
British Pound (Buy)		184		184		07/02/08		—
British Pound (Buy)		1,783		1,783		07/03/08		—
Danish Krone (Buy)		1,537		1,538		07/03/08		(1	)
Euro (Buy)		997		999		07/01/08		(2	)
Euro (Buy)		721		721		07/02/08		—
Euro (Sell)		952		952		07/03/08		—
Japanese Yen (Sell)		415		409		07/01/08		(6	)
Japanese Yen (Buy)		31		31		07/03/08		—
Norwegian Krone (Buy)		330		332		07/01/08		(2	)
Norwegian Krone (Buy)		149		149		07/03/08		—
Swedish Krona (Sell)		1,582		1,593		07/01/08		11
Swedish Krona (Buy)		114		114		07/03/08		—
Swiss Franc (Buy)		247		246		07/01/08		1
							$	1

(W) See Note 2b of Notes Financial Statements regarding valuation of securities.

Diversification by Industry
as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		16.2
Capital Goods		4.1
Consumer Cyclical		14.4
Consumer Staples		3.9
Energy		9.2
Finance		8.4
Health Care		15.6
Services		12.2
Technology		8.4
Transportation		6.1
Utilities		1.8
Short-Term Investments		19.2
Other Assets and Liabilities		(19.5	)
Total		100.0	%

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

­ ­  131  ­ ­

Hartford LargeCap Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.2%
		Basic Materials — 4.5%
	9	AK Steel Holding Corp.	$	635
	7	Arch Coal, Inc. (G)		491
	11	Church & Dwight Co., Inc.		603
	3	Consol Energy, Inc.		308
	17	Crown Holdings, Inc. (D)		442
	7	FMC Corp.		565
	1	Foundation Coal Holdings, Inc.		113
	11	Massey Energy Co.		997
	13	Owens-Illinois, Inc. (D)		539
	5	Praxair, Inc.		490
	6	Southern Copper Corp. (G)		605
	5	Valmont Industries, Inc.		542
				6,330
		Capital Goods — 9.6%
	9	3M Co.		591
	8	AGCO Corp. (D)		420
	6	Baker Hughes, Inc.		489
	19	Boeing Co.		1,262
	11	Bucyrus International, Inc.		818
	7	Cameron International Corp. (D)		400
	11	Caterpillar, Inc. (G)		823
	7	Deere & Co.		534
	4	Flowserve Corp.		574
	5	FMC Technologies, Inc. (D)		392
	16	Graco, Inc. (G)		598
	22	Hasbro, Inc.		772
	16	Honeywell International, Inc.		799
	11	Joy Global, Inc.		819
	8	National Oilwell Varco, Inc. (D)		683
	8	Parker-Hannifin Corp.		549
	19	Pitney Bowes, Inc.		644
	6	Smith International, Inc.		482
	15	Toro Co. (G)		500
	11	United Technologies Corp.		654
	23	Varian Semiconductor Equipment Associates, Inc. (D)(G)		815
				13,618
		Consumer Cyclical — 11.5%
	12	Abercrombie & Fitch Co. Class A (G)		759
	13	Advance Automotive Parts, Inc.		517
	72	Altria Group, Inc.		1,480
	8	Amazon.com, Inc. (D)(G)		572
	8	AutoZone, Inc. (D)(G)		992
	21	Best Buy Co., Inc. (G)		834
	18	Big Lots, Inc. (D)(G)		547
	16	Burger King Holdings, Inc.		423
	18	Coach, Inc. (D)		508
	6	Costco Wholesale Corp. (G)		435
	19	eBay, Inc. (D)		523
	16	Fastenal Co. (G)		686
	9	Foster Wheeler Ltd. (D)		673
	5	GameStop Corp. Class A (D)		218
	22	Hanesbrands, Inc. (D)(G)		605
	27	McDonald’s Corp.		1,529
	9	Mosaic Co. (D)		1,307
	13	MSC Industrial Direct Co., Inc.		551
	16	NIKE, Inc. Class B		928
	9	Patterson Cos., Inc. (D)(G)		262
	20	Urban Outfitters, Inc. (D)(G)		618
	25	Wal-Mart Stores, Inc.		1,419
				16,386
		Consumer Staples — 5.0%
	9	Anheuser-Busch Cos., Inc.		567
	12	Avon Products, Inc.		419
	23	Coca-Cola Co.		1,185
	13	Colgate-Palmolive Co.		920
	10	H.J. Heinz Co.		494
	26	PepsiCo, Inc.		1,670
	17	Philip Morris International, Inc.		835
	16	Procter & Gamble Co.		990
				7,080
		Energy — 12.7%
	12	Chesapeake Energy Corp. (G)		772
	5	Constellation Energy Group, Inc.		426
	10	ENSCO International, Inc.		782
	6	EOG Resources, Inc.		722
	17	Exxon Mobil Corp.		1,540
	26	Frontier Oil Corp.		615
	16	Halliburton Co.		824
	9	Hess Corp.		1,085
	11	Holly Corp. (G)		399
	13	Mariner Energy, Inc. (D)		473
	2	Nabors Industries Ltd. (D)(G)		92
	8	Noble Corp.		526
	4	Noble Energy, Inc.		432
	15	Occidental Petroleum Corp.		1,357
	22	Patterson-UTI Energy, Inc.		775
	5	Plains Exploration & Production Co. (D)		387
	17	Schlumberger Ltd.		1,805
	13	Sunoco, Inc. (G)		517
	9	Tidewater, Inc. (G)		580
	8	Transocean, Inc.		1,218
	6	Unit Corp. (D)		498
	13	W&T Offshore, Inc. (G)		761
	12	Weatherford International Ltd. (D)		580
	4	Whiting Petroleum Corp. (D)		467
	10	Williams Cos., Inc.		415
	1	XTO Energy, Inc.		79
				18,127
		Finance — 5.2%
	20	Charles Schwab Corp.		416
	1	CME Group, Inc. (G)		461
	14	Eaton Vance Corp.		540
	21	Federated Investors, Inc. (G)		733
	1	Franklin Resources, Inc.		78
	4	IntercontinentalExchange, Inc. (D)		410
	5	Mastercard, Inc. (G)		1,317
	1	Northern Trust Corp.		73
	9	Nymex Holdings, Inc. (G)		771
	9	T. Rowe Price Group, Inc. (G)		520
	3	UnitedHealth Group, Inc.		68
	9	Visa, Inc. (D)		699
	19	Wellcare Health Plans, Inc. (D)		670
	28	Western Union Co.		686
				7,442

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

­ ­  132  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Health Care — 12.3%
	22	Abbott Laboratories	$	1,140
	1	Bard (C.R.), Inc.		64
	9	Baxter International, Inc.		582
	8	Becton, Dickinson & Co.		626
	14	Biogen Idec, Inc. (D)		805
	3	Cardinal Health, Inc.		149
	20	CVS/Caremark Corp.		795
	3	Eli Lilly & Co.		156
	11	Genentech, Inc. (D)		839
	18	Gilead Sciences, Inc. (D)		953
	28	Herbalife Ltd. (G)		1,088
	2	Intuitive Surgical, Inc. (D)		621
	17	Invitrogen Corp. (D)(G)		683
	13	Johnson & Johnson		818
	7	McKesson Corp.		386
	9	Medco Health Solutions, Inc. (D)		420
	23	Medtronic, Inc.		1,208
	3	Merck & Co., Inc.		119
	14	Monsanto Co.		1,749
	41	NBTY, Inc. (D)		1,317
	12	Pharmaceutical Product Development, Inc.		510
	16	St. Jude Medical, Inc. (D)		672
	12	Varian Medical Systems, Inc. (D)(G)		625
	44	Watson Pharmaceuticals, Inc. (D)(G)		1,206
				17,531
		Services — 7.1%
	15	Autodesk, Inc. (D)		494
	10	Brink’s Co.		661
	9	C.H. Robinson Worldwide, Inc.		483
	20	Choice Hotels International, Inc. (G)		522
	16	Cognizant Technology Solutions Corp. (D)		527
	5	Comcast Corp. Class A		95
	25	DirecTV Group, Inc. (D)(G)		652
	15	DISH Network Corp. (D)		436
	15	DreamWorks Animation SKG, Inc. (D)		441
	15	Express Scripts, Inc. (D)		966
	7	Factset Research Systems, Inc. (G)		417
	4	Fluor Corp.		765
	6	FTI Consulting, Inc. (D)		424
	5	ITT Educational Services, Inc. (D)		397
	14	Omnicom Group, Inc.		615
	24	Paychex, Inc.		763
	33	SEI Investments Co.		778
	2	United Parcel Service, Inc. Class B		119
	17	Viacom, Inc. Class B (D)		531
	3	Walt Disney Co.		85
				10,171
		Technology — 26.8%
	12	Adobe Systems, Inc. (D)		461
	10	Ansys, Inc. (D)		471
	19	Apple, Inc. (D)		3,106
	34	Applied Materials, Inc.		653
	105	Cisco Systems, Inc. (D)		2,445
	27	Corning, Inc.		627
	48	Dell, Inc. (D)		1,059
	15	Dolby Laboratories, Inc. Class A (D)		592
	9	Dun & Bradstreet Corp.		771
	36	EMC Corp. (D)		522
	12	Emerson Electric Co.		615
	6	First Solar, Inc. (D)(G)		1,708
	11	FLIR Systems, Inc. (D)		463
	12	Garmin Ltd. (G)		498
	11	Global Payments, Inc.		505
	4	Google, Inc. (D)		1,867
	38	Hewlett-Packard Co.		1,682
	85	Intel Corp.		1,829
	21	International Business Machines Corp.		2,509
	14	Lam Research Corp. (D)		492
	8	Lockheed Martin Corp.		807
	17	MEMC Electronic Materials, Inc. (D)		1,023
	15	Microchip Technology, Inc. (G)		468
	143	Microsoft Corp.		3,931
	7	Millipore Corp. (D)		475
	22	NetApp, Inc. (D)		474
	1	Nortel Networks Corp. (D)		11
	35	NVIDIA Corp. (D)		661
	78	Oracle Corp. (D)		1,638
	31	Qualcomm, Inc.		1,363
	25	Red Hat, Inc. (D)(G)		511
	3	Rockwell Collins, Inc.		160
	9	Salesforce.com, Inc. (D)		580
	26	SanDisk Corp. (D)		481
	23	Seagate Technology		432
	30	Texas Instruments, Inc.		848
	13	Total System Services, Inc. (G)		291
	22	Western Digital Corp. (D)		756
	18	Yahoo!, Inc. (D)		364
				38,149
		Transportation — 3.9%
	6	Burlington Northern Santa Fe Corp.		629
	20	CSX Corp.		1,281
	15	Frontline Ltd.		1,026
	15	Kirby Corp. (D)		739
	10	McDermott International, Inc. (D)		631
	5	Norfolk Southern Corp.		289
	13	Union Pacific Corp.		974
				5,569
		Utilities — 0.6%
	9	Public Service Enterprise Group, Inc.		409
	7	Sunpower Corp. (D)(G)		468
				877
		Total common stock (cost $142,889)	$	141,280
EXCHANGE TRADED FUNDS — 0.6%
		Other Investment Pools and Funds — 0.6%
	15	iShares Russell 1000 (G)	$	828
		Total exchange traded funds (cost $886)	$	828
		Total long-term investments (cost $143,775)	$	142,108

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

­ ­  133  ­ ­

Hartford LargeCap Growth HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 12.8%
		Repurchase Agreements — 0.1%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $99, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $101)
$	99	1.80% dated 06/30/2008			$	99
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $39, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $40)
	39	1.80% dated 06/30/2008				39
						138
Shares
		Securities Purchased with Proceeds from Security Lending — 12.7%
		Cash Collateral Reinvestment Fund:
	18,034	Navigator Prime Portfolio				18,034
Principal
Amount
		U.S. Treasury Bills — 0.0%
$	50	1.99%, 09/11/2008 (M)				50
		Total short-term investments (cost $18,222)			$	18,222
		Total investments (cost $161,997) (C)	112.6	%	$	160,330
		Other assets and liabilities	(12.6	)%		(17,886	)
		Total net assets	100.0	%	$	142,444

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 0.01% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $162,904 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	6,478
Unrealized Depreciation		(9,052	)
Net Unrealized Depreciation	$	(2,574	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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.

­ ­  134  ­ ­

Hartford MidCap HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.2%
		Basic Materials — 14.9%
	533	Agrium, Inc.	$	57,276
	505	Arch Coal, Inc.		37,905
	279	Ball Corp.		13,315
	151	Century Aluminum Co. (D)(G)		10,066
	187	CF Industries Holdings, Inc.		28,619
	334	Cleveland-Cliffs, Inc.		39,762
	312	Consol Energy, Inc.		35,026
	566	FMC Corp.		43,854
	264	Lupatech S.A. (D)		9,658
	300	Nucor Corp.		22,386
	166	Peabody Energy Corp.		14,599
	62	Precision Castparts Corp.		5,927
	671	Sealed Air Corp. (G)		12,746
	330	Teck Cominco Ltd.		15,833
	640	Terra Industries, Inc.		31,594
	343	Thompson Creek Metals Co., Inc (D)		6,695
	147	United States Steel Corp.		27,107
				412,368
		Capital Goods — 3.1%
	209	Alliant Techsystems, Inc. (D)(G)		21,231
	782	Kennametal, Inc.		25,457
	249	Scientific Games Corp. Class A (D)(G)		7,368
	116	Toro Co. (G)		3,846
	212	Vestas Wind Systems A/S (D)		27,537
				85,439
		Consumer Cyclical — 9.6%
	923	BJ’s Wholesale Club, Inc. (D)		35,732
	514	BorgWarner, Inc.		22,811
	403	Chicago Bridge & Iron Co. N.V.		16,035
	575	Dick’s Sporting Goods, Inc. (D)(G)		10,204
	317	Foster Wheeler Ltd. (D)		23,196
	88	Gildan Activewear, Inc. (D)(G)		2,275
	1,934	Li & Fung Ltd. (G)		5,836
	515	Liz Claiborne, Inc.		7,294
	28	NVR, Inc. (D)(G)		13,802
	716	O’Reilly Automotive, Inc. (D)		15,998
	611	PACCAR, Inc.		25,575
	994	Patterson Cos., Inc. (D)		29,202
	291	Sotheby’s Holdings		7,663
	1,175	Supervalu, Inc.		36,283
	256	Tiffany & Co. (G)		10,412
	125	Under Armour, Inc. Class A (D)(G)		3,210
				265,528
		Consumer Staples — 1.6%
	743	Avon Products, Inc.		26,763
	334	Clorox Co.		17,440
				44,203
		Energy — 11.0%
	567	Cie Gen Geophysique ADR (D)		26,768
	160	Diamond Offshore Drilling, Inc. (G)		22,207
	861	Forest Oil Corp. (D)		64,107
	466	Noble Energy, Inc.		46,891
	665	Seadrill Ltd. (G)		20,301
	587	St. Mary Land & Exploration Co.		37,969
	1,309	UGI Corp.		37,593
	512	Ultra Petroleum Corp. (D)		50,249
				306,085
		Finance — 9.0%
	5,353	Aberdeen Asset Management plc		14,037
	96	Blackrock, Inc. (G)		16,957
	700	Bovespa Holding S.A.		8,643
	400	Comerica, Inc. (G)		10,252
	179	Everest Re Group Ltd.		14,268
	363	Forest City Enterprises, Inc. Class A (G)		11,689
	702	Humana, Inc. (D)		27,911
	346	Kimco Realty Corp. (G)		11,930
	349	MSCI, Inc. (D)		12,673
	316	Popular, Inc. (G)		2,085
	168	T. Rowe Price Group, Inc. (G)		9,459
	967	Unum Group		19,767
	489	Waddell and Reed Financial, Inc. Class A		17,127
	1,343	Washington Mutual, Inc. (G)		6,624
	2,124	Western Union Co.		52,515
	31	White Mountains Insurance Group Ltd.		13,299
				249,236
		Health Care — 12.1%
	743	Amylin Pharmaceuticals, Inc. (D)(G)		18,860
	829	Barr Pharmaceuticals, Inc. (D)		37,362
	712	Beckman Coulter, Inc.		48,102
	200	Cephalon, Inc. (D)(G)		13,356
	234	Charles River Laboratories International, Inc. (D)		14,944
	1,330	Community Health Systems, Inc. (D)		43,870
	585	Elan Corp. plc ADR (D)		20,783
	272	ImClone Systems, Inc. (D)		10,993
	638	Perrigo Co.		20,272
	627	Regeneron Pharmaceuticals, Inc. (D)		9,058
	692	Sepracor, Inc. (D)(G)		13,785
	773	St. Jude Medical, Inc. (D)		31,592
	681	Universal Health Services, Inc. Class B		43,065
	261	Vertex Pharmaceuticals, Inc. (D)		8,736
				334,778
		Services — 14.0%
	3,149	Allied Waste Industries, Inc. (D)		39,737
	280	Apollo Group, Inc. Class A (D)		12,379
	691	Autodesk, Inc. (D)		23,346
	306	C.H. Robinson Worldwide, Inc.		16,764
	1,222	Cadence Design Systems, Inc. (D)		12,338
	120	DeVry, Inc.		6,429
	1,165	DreamWorks Animation SKG, Inc. (D)		34,738
	1,192	Equifax, Inc. (D)		40,072
	349	Factset Research Systems, Inc. (G)		19,664
	88	Fluor Corp.		16,431
	214	Focus Media Holding Ltd. ADR (D)		5,924
	388	ITT Educational Services, Inc. (D)(G)		32,085
	707	Manpower, Inc.		41,199
	1,545	Republic Services, Inc.		45,872
	1,116	Robert Half International, Inc.		26,762
	65	Strayer Education, Inc.		13,610
				387,350

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

­ ­  135  ­ ­

Hartford MidCap HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — 15.6%
	503	Activision, Inc. (D)			$	17,147
	976	Altera Corp.				20,197
	358	American Tower Corp. Class A (D)				15,126
	963	BMC Software, Inc. (D)				34,650
��	560	Ciena Corp. (D)(G)				12,984
	118	Ctrip.Com International Ltd.				5,390
	700	Electronic Arts, Inc. (D)				31,119
	324	Equinix, Inc. (D)(G)				28,871
	863	FLIR Systems, Inc. (D)(G)				35,000
	679	Global Payments, Inc.				31,637
	634	Lam Research Corp. (D)				22,930
	523	Linear Technology Corp. (G)				17,031
	1,151	McAfee, Inc. (D)				39,172
	84	National Instruments Corp.				2,380
	879	NCR Corp. (D)				22,161
	367	NetApp, Inc. (D)				7,945
	1,204	Red Hat, Inc. (D)(G)				24,917
	645	Teradata Corp. (D)				14,921
	1,270	VeriSign, Inc. (D)(G)				48,002
						431,580
		Transportation — 3.1%
	244	Con-way, Inc.				11,550
	269	Expeditors International of Washington, Inc.				11,567
	624	J.B. Hunt Transport Services, Inc. (G)				20,780
	543	Kansas City Southern (D)(G)				23,891
	350	Landstar System, Inc.				19,300
						87,088
		Utilities — 2.2%
	1,198	DPL, Inc. (G)				31,601
	1,184	Northeast Utilities				30,235
						61,836
		Total common stock (cost $2,506,815)			$	2,665,491
Principal
Amount
SHORT-TERM INVESTMENTS — 16.4%
		Repurchase Agreements — 4.0%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $25,417, collateralized by FNMA 5.50%, 2038, value of $25,923)
$	25,415	2.50% dated 06/30/2008			$	25,415
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $27,450, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $27,997)
	27,448	2.40% dated 06/30/2008				27,448
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,619, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $4,711)
	4,618	2.70% dated 06/30/2008				4,618
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $40,696, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $41,507)
	40,693	2.70% dated 06/30/2008				40,693
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $56, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $56)
	56	1.80% dated 06/30/2008				56
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $11,619, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $11,851)
	11,618	2.55% dated 06/30/2008				11,618
						109,848
Shares
		Securities Purchased with Proceeds from Security Lending — 12.4%
		Cash Collateral Reinvestment Fund:
	343,422	Navigator Prime Portfolio				343,422
		Total short-term investments (cost $453,270)			$	453,270
		Total investments (cost $2,960,085) (C)	112.6	%	$	3,118,761
		Other assets and liabilities	(12.6	)%		(348,190	)
		Total net assets	100.0	%	$	2,770,571

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 8.77% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $2,960,860 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	375,718
Unrealized Depreciation		(217,817	)
Net Unrealized Appreciation	$	157,901

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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  ­ ­

Hartford MidCap Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.4%
		Basic Materials — 8.4%
	2	Airgas, Inc.	$	145
	5	AK Steel Holding Corp.		314
	2	Alpha Natural Resources, Inc. (D)		172
	6	Arch Coal, Inc.		465
	4	Celanese Corp.		201
	4	CF Industries Holdings, Inc.		657
	2	Church & Dwight Co., Inc. (G)		126
	4	Cleveland-Cliffs, Inc. (G)		456
	3	Consol Energy, Inc.		320
	6	Massey Energy Co.		546
	5	Precision Castparts Corp.		491
	11	Terra Industries, Inc.		548
				4,441
		Capital Goods — 8.2%
	3	AGCO Corp. (D)		147
	4	Alliant Techsystems, Inc. (D)(G)		369
	5	Bucyrus International, Inc.		361
	4	Cameron International Corp. (D)		201
	2	Cummins, Inc.		138
	3	FMC Technologies, Inc. (D)		223
	6	Hasbro, Inc.		218
	9	International Game Technology (G)		232
	1	Intrepid Postash, Inc. (D)		33
	5	Joy Global, Inc.		409
	3	Oil States International, Inc. (D)		181
	5	Parker-Hannifin Corp.		353
	6	Pitney Bowes, Inc. (G)		207
	6	Rockwell Automation, Inc. (G)		260
	4	Smith International, Inc. (G)		305
	2	SPX Corp.		235
	5	Textron, Inc.		236
	6	Varian Semiconductor Equipment Associates, Inc. (D)		200
				4,308
		Consumer Cyclical — 10.8%
	9	Abercrombie & Fitch Co. Class A (G)		567
	6	Advance Automotive Parts, Inc.		235
	3	AutoZone, Inc. (D)		372
	15	Coach, Inc. (D)		427
	5	Dollar Tree, Inc. (D)		154
	10	Foster Wheeler Ltd. (D)		743
	9	Gap, Inc.		147
	5	Hanesbrands, Inc. (D)		138
	8	Hill-Rom Holdings, Inc. (G)		206
	19	Limited Brands, Inc.		312
	4	MSC Industrial Direct Co., Inc. (G)		190
	—	NVR, Inc. (D)(G)		146
	2	Polo Ralph Lauren Corp.		132
	50	Pulte Homes, Inc.		479
	4	Quanta Services, Inc. (D)		121
	7	Ross Stores, Inc. (G)		259
	11	Starbucks Corp. (D)		175
	3	Tiffany & Co.		115
	5	TJX Cos., Inc. (G)		170
	13	Urban Outfitters, Inc. (D)(G)		416
	5	Yum! Brands, Inc. (G)		180
				5,684
		Consumer Staples — 3.0%
	7	Avon Products, Inc. (G)		250
	7	H.J. Heinz Co.		316
	10	Hershey Co.		338
	10	Lorillard, Inc. (D)		687
				1,591
		Energy — 11.7%
	2	Constellation Energy Group, Inc.		185
	6	Denbury Resources, Inc. (D)		216
	2	Diamond Offshore Drilling, Inc.		219
	4	Encore Acquisition Co. (D)		323
	5	ENSCO International, Inc. (G)		380
	6	Frontier Oil Corp. (G)		150
	4	Murphy Oil Corp.		392
	3	Nabors Industries Ltd. (D)(G)		167
	7	Noble Corp.		429
	4	Noble Energy, Inc.		443
	2	Oceaneering International, Inc. (D)		162
	8	Patterson-UTI Energy, Inc.		296
	5	Plains Exploration & Production Co. (D)		336
	6	Pride International, Inc. (D)		265
	3	Range Resources Corp.		201
	7	Southwestern Energy Co. (D)		343
	3	St. Mary Land & Exploration Co.		168
	9	Sunoco, Inc. (G)		385
	15	Tesoro Corp. (G)		291
	4	Tidewater, Inc.		263
	6	W&T Offshore, Inc. (G)		328
	2	Whiting Petroleum Corp. (D)		249
				6,191
		Finance — 7.7%
	2	Affiliated Managers Group, Inc. (D)		171
	5	Axis Capital Holdings Ltd.		158
	7	Cigna Corp.		237
	7	Federated Investors, Inc. (G)		251
	11	Health Net, Inc. (D)		268
	4	IntercontinentalExchange, Inc. (D)		433
	7	Janus Capital Group, Inc.		175
	4	Lazard, Ltd.		137
	6	Northern Trust Corp. (G)		422
	6	Nymex Holdings, Inc. (G)		481
	5	Ryder System, Inc.		351
	8	T. Rowe Price Group, Inc. (G)		435
	15	Waddell and Reed Financial, Inc. Class A		522
				4,041
		Health Care — 9.8%
	4	Allergan, Inc. (G)		223
	14	Amylin Pharmaceuticals, Inc. (D)		357
	5	Cephalon, Inc. (D)		312
	4	Coventry Health Care, Inc. (D)(G)		125
	8	Endo Pharmaceuticals Holdings, Inc. (D)(G)		187
	8	Forest Laboratories, Inc. (D)		282
	6	Herbalife Ltd. (G)		234
	1	Intuitive Surgical, Inc. (D)(G)		272
	11	Kinetic Concepts, Inc. (D)(G)		423
	5	Laboratory Corp. of America Holdings (D)(G)		327
	9	Lincare Holdings, Inc. (D)		256
	7	Omnicare, Inc.		184
	6	Pharmaceutical Product Development, Inc.		266

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

­ ­  137  ­ ­

Hartford MidCap Growth HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Health Care — (continued)
	34	Sepracor, Inc. (D)(G)	$	673
	9	St. Jude Medical, Inc. (D)		377
	11	Vertex Pharmaceuticals, Inc. (D)		372
	12	Watson Pharmaceuticals, Inc. (D)		326
				5,196
		Services — 11.7%
	5	Apollo Group, Inc. Class A (D)		237
	13	Autodesk, Inc. (D)(G)		429
	4	C.H. Robinson Worldwide, Inc. (G)		236
	3	DeVry, Inc.		145
	7	DISH Network Corp. (D)		211
	5	DreamWorks Animation SKG, Inc. (D)		149
	5	Equifax, Inc. (D)		182
	9	Express Scripts, Inc. (D)(G)		547
	3	Fluor Corp.		499
	3	Harsco Corp.		151
	20	Hlth Corp. (D)		228
	3	ITT Educational Services, Inc. (D)		242
	4	Jacobs Engineering Group, Inc. (D)(G)		294
	3	Lamar Advertising Co. (D)		122
	5	Liberty Global, Inc. (D)(G)		152
	8	Liberty Media Corp. — Entertainment (D)		189
	5	Marriott International, Inc. Class A		142
	5	McGraw-Hill Cos., Inc.		205
	6	Monster Worldwide, Inc. (D)		120
	15	Paychex, Inc. (G)		473
	4	Pediatrix Medical Group, Inc. (D)		195
	2	Priceline.com, Inc. (D)		199
	6	Robert Half International, Inc.		144
	7	SEI Investments Co.		175
	8	Starwood Hotels & Resorts		308
	1	Strayer Education, Inc.		176
				6,150
		Technology — 24.6%
	11	Activision, Inc. (D)		370
	105	Advanced Micro Devices, Inc. (D)		612
	7	Agilent Technologies, Inc. (D)(G)		247
	10	American Tower Corp. Class A (D)		421
	4	AMETEK, Inc.		198
	11	Analog Devices, Inc. (G)		356
	11	BMC Software, Inc. (D)(G)		400
	22	Broadcom Corp. Class A (D)		591
	15	Ciena Corp. (D)		356
	6	Citrix Systems, Inc. (D)		165
	10	Cypress Semiconductor Corp. (D)		238
	4	Dover Corp.		213
	4	Dun & Bradstreet Corp.		338
	7	Electronic Arts, Inc. (D)		320
	5	Fiserv, Inc. (D)(G)		229
	24	Integrated Device Technology, Inc. (D)		235
	14	International Rectifier Corp. (D)		260
	22	JDS Uniphase Corp. (D)		253
	12	Juniper Networks, Inc. (D)		269
	4	KLA-Tencor Corp.		159
	3	Leap Wireless International, Inc. (D)		145
	24	LSI Corp. (D)(G)		149
	4	MEMC Electronic Materials, Inc. (D)		242
	5	National Instruments Corp.		128
	18	National Semiconductor Corp.		372
	26	NetApp, Inc. (D)(G)		565
	33	NVIDIA Corp. (D)(G)		612
	4	Salesforce.com, Inc. (D)		275
	30	SanDisk Corp. (D)		557
	19	SBA Communications Corp. (D)		674
	29	Seagate Technology (G)		554
	7	Sohu.com, Inc. (D)		514
	10	Telephone and Data Systems, Inc. (G)		483
	6	Teradata Corp. (D)		133
	7	Total System Services, Inc.		160
	5	VeriSign, Inc. (D)(G)		191
	3	Waters Corp. (D)		224
	16	Western Digital Corp. (D)(G)		565
	9	Xilinx, Inc.		225
				12,998
		Transportation — 1.5%
	23	AMR Corp. (D)		119
	6	Frontline Ltd. (G)		453
	3	McDermott International, Inc. (D)		210
				782
		Utilities — 2.0%
	10	Calpine Corp. (D)		214
	4	Mirant Corp. (D)		145
	7	NRG Energy, Inc. (D)		300
	3	PPL Corp.		167
	3	Questar Corp.		210
				1,036
		Total common stock (cost $53,059)	$	52,418
EXCHANGE TRADED FUNDS — 0.3%
		Other Investment Pools and Funds — 0.3%
	2	iShares Russell Midcap Growth (G)	$	159
		Total exchange traded funds (cost $167)	$	159
		Total long-term investments (cost $53,227)	$	52,577
Principal
Amount
SHORT-TERM INVESTMENTS — 26.3%
		Repurchase Agreements — 3.4%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,300, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $1,328)
$	1,299	1.80% dated 06/30/2008	$	1,299
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $514, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $522)
	514	1.80% dated 06/30/2008		514
				1,813

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

­ ­  138  ­ ­

					Market
Shares					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Securities Purchased with Proceeds from Security Lending — 22.7%
		Cash Collateral Reinvestment Fund:
	11,981	Navigator Prime Portfolio			$	11,981
Principal
Amount
		U.S. Treasury Bills — 0.2%
$	75	1.99%, 09/11/2008 (M)				75
		Total short-term investments (cost $13,869)			$	13,869
		Total investments (cost $67,096) (C)	126.0	%	$	66,446
		Other assets and liabilities	(26.0	)%		(13,718	)
		Total net assets	100.0	%	$	52,728

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 0.98% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $67,188 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	1,708
Unrealized Depreciation		(2,450	)
Net Unrealized Depreciation	$	(742	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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.

­ ­  139  ­ ­

Hartford MidCap Value HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 98.0%
		Basic Materials — 16.2%
	136	Agrium, Inc. (G)	$	14,636
	8	Arch Coal, Inc. (G)		630
	236	Celanese Corp.		10,767
	83	Cleveland-Cliffs, Inc.		9,893
	9	Cytec Industries, Inc.		469
	244	FMC Corp.		18,919
	162	Greif, Inc.		10,373
	12,730	Kingboard Laminates Holdings		7,534
	132	Owens-Illinois, Inc. (D)		5,486
	326	Pactiv Corp. (D)		6,915
	292	Pentair, Inc. (G)		10,215
	399	Rhodia S.A.		7,309
	77	Ternium S.A. ADR (G)		3,230
	1,117	Uranium One, Inc. (D)		5,256
	352	USEC, Inc. (D)(G)		2,138
				113,770
		Capital Goods — 7.0%
	15	AGCO Corp. (D)		802
	120	Alliant Techsystems, Inc. (D)(G)		12,222
	275	Kennametal, Inc.		8,941
	570	Teradyne, Inc. (D)		6,305
	77	Toro Co. (G)		2,552
	531	Varian Semiconductor Equipment Associates, Inc. (D)		18,487
				49,309
		Consumer Cyclical — 8.5%
	405	American Eagle Outfitters, Inc.		5,523
	5,788	Buck Holdings L.P. (A)(D)(H)		5,210
	167	Copart, Inc. (D)		7,138
	148	Liz Claiborne, Inc. (G)		2,094
	290	MDC Holdings, Inc.		11,324
	271	Newell Rubbermaid, Inc.		4,555
	371	TRW Automotive Holdings Corp. (D)		6,852
	186	United Stationers, Inc. (D)(G)		6,854
	48	V.F. Corp.		3,438
	146	Wabco Holdings, Inc.		6,766
				59,754
		Consumer Staples — 6.7%
	15	Bunge Ltd. Finance Corp. (G)		1,619
	5,494	Chaoda Modern Agriculture		6,951
	245	Cosan Ltd. (D)(G)		3,099
	510	Dean Foods Co. (D)		10,002
	515	Marfig Frigorificos E Comer		6,518
	18,413	Marine Harvest (D)		13,487
	31	Perdigao S.A.		844
	85	Pilgrim’s Pride Corp. (G)		1,108
	176	Smithfield Foods, Inc. (D)(G)		3,507
				47,135
		Energy — 6.9%
	421	Brasil EcoDiesel ADR (D)		1,093
	758	Brasil EcoDiesel Industria (D)(I)		1,968
	210	Cie Gen Geophysique ADR (D)(G)		9,928
	276	Newfield Exploration Co. (D)		18,009
	43	Noble Energy, Inc.		4,274
	471	UGI Corp.		13,520
				48,792
		Finance — 16.7%
	105	Affiliated Managers Group, Inc. (D)(G)		9,420
	733	CIT Group, Inc. (G)		4,990
	183	Comerica, Inc. (G)		4,698
	97	Everest Re Group Ltd.		7,692
	264	Genesis Lease Ltd. (G)		2,725
	133	Humana, Inc. (D)		5,285
	786	Huntington Bancshares, Inc. (G)		4,532
	99	LaSalle Hotel Properties		2,488
	313	Liberty Property Trust (G)		10,369
	121	M&T Bank Corp. (G)		8,550
	164	National City Corp.		784
	530	PHH Corp. (D)		8,136
	260	Platinum Underwriters Holdings Ltd.		8,488
	918	Popular, Inc. (G)		6,053
	285	Reinsurance Group of America, Inc. (G)		12,399
	1,718	Sovereign Bancorp, Inc. (G)		12,642
	374	Unum Group		7,644
				116,895
		Health Care — 9.1%
	398	Barr Pharmaceuticals, Inc. (D)		17,946
	216	Cooper Co., Inc. (G)		8,010
	445	Endo Pharmaceuticals Holdings, Inc. (D)(G)		10,760
	1,174	Impax Laboratories, Inc. (A)(D)(H)		9,395
	442	Theravance, Inc. (D)(G)		5,241
	284	West Pharmaceutical Services (G)		12,300
				63,652
		Services — 4.7%
	332	CACI International, Inc. Class A (D)(G)		15,177
	313	R.R. Donnelley & Sons Co.		9,284
	201	URS Corp. (D)		8,432
				32,893
		Technology — 14.1%
	552	Arrow Electronics, Inc. (D)		16,957
	72	Dover Corp.		3,468
	139	Embarq Corp.		6,575
	737	Fairchild Semiconductor International, Inc. (D)		8,647
	9,890	First Pacific Co., Ltd.		6,237
	1,226	Flextronics International Ltd. (D)		11,522
	809	JDS Uniphase Corp. (D)(G)		9,185
	334	McAfee, Inc. (D)		11,356
	148	NCR Corp. (D)		3,719
	452	Solar Cayman Ltd. (A)(D)(H)		6,223
	117	Teleflex, Inc.		6,493
	615	Virgin Media, Inc. (G)		8,365
				98,747
		Transportation — 2.4%
	1,147	Northwest Airlines Corp. (D)(G)		7,639
	491	Werner Enterprises, Inc. (G)		9,115
				16,754
		Utilities — 5.7%
	455	Northeast Utilities		11,603
	105	SBM Offshore N.V.		3,881
	804	Sierra Pacific Resources		10,214
	317	Wisconsin Energy Corp.		14,330
				40,028
		Total common stock (cost $719,175)	$	687,729

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

­ ­  140  ­ ­

					Market
Shares					Value (W)
PREFERRED STOCK — 0.8%
		Finance — 0.8%
	—	National City Corp. (A)(D)(H)(X)			$	6,010
		Total preferred stock (cost $7,000)			$	6,010
		Total long-term investments (cost $726,175)			$	693,739
Principal
Amount
SHORT-TERM INVESTMENTS — 21.0%
		Repurchase Agreements — 1.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,050, collateralized by FNMA 5.50%, 2038, value of $2,091)
$	2,050	2.50% dated 06/30/2008			$	2,050
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,215, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $2,259)
	2,214	2.40% dated 06/30/2008				2,214
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $373, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $380)
	373	2.70% dated 06/30/2008				373
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,283, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $3,349)
	3,283	2.70% dated 06/30/2008				3,283
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $5, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $5)
	5	1.80% dated 06/30/2008				5
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $937, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $956)
	937	2.55% dated 06/30/2008				937
						8,862
Shares
		Securities Purchased with Proceeds from Security Lending — 19.7%
		Cash Collateral Reinvestment Fund:
	138,706	Goldman Sachs FS Prime Obligation/Institutional Fund				138,706
		Total short-term investments (cost $147,568)			$	147,568
		Total investments (cost $873,743) (C)	119.8	%	$	841,307
		Other assets and liabilities	(19.8	)%		(139,314	)
		Total net assets	100.0	%	$	701,993

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 13.49% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $875,209 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	83,318
Unrealized Depreciation		(117,220	)
Net Unrealized Depreciation	$	(33,902	)

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $26,838, which represents 3.82% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $1,968, which represents 0.28% 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
06/2007		5,788	Buck Holdings L.P.	$	5,794
03/2005 – 01/2007		1,174	Impax Laboratories, Inc.		13,258
04/2008		—	National City Corp.		7,000
03/2007		452	Solar Cayman Ltd.		6,779

	The aggregate value of these securities at June 30, 2008 was $26,838 which represents 3.82% 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.

­ ­  141  ­ ­

Hartford Money Market HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

Principal			Market
Amount			Value (W)
		Capital Goods — 0.9%
		Caterpillar, Inc.
$	11,800	2.15%, 07/14/2008	$	11,791
	19,500	2.17%, 07/21/2008		19,476
				31,267
		Consumer Cyclical — 2.4%
		Eksportfinans AS
	18,750	2.25%, 07/15/2008 (I)		18,735
	38,000	2.26%, 08/19/2008 (I)		37,884
	30,000	2.27%, 07/07/2008 (I)		29,989
				86,608
		Consumer Staples — 1.9%
		Unilever Capital Corp.
	16,400	2.17%, 07/21/2008 (I)		16,380
	50,750	2.46%, 08/11/2008 (I)(L)		50,747
				67,127
		Energy — 2.0%
		ConocoPhillips
	22,500	2.07%, 08/05/2008 (I)		22,454
	19,750	2.16%, 07/28/2008 (I)		19,718
	27,500	2.23%, 09/04/2008 (I)		27,390
				69,562
		Finance — 86.3%
		American Express Credit Corp.
	27,000	2.40%, 08/20/2008		26,910
	19,000	2.42%, 07/10/2008		18,989
	23,000	2.65%, 09/19/2008		22,866
		American General Finance Corp.
	17,500	2.46%, 07/02/2008		17,499
	17,000	2.55%, 07/22/2008		16,975
		American Honda Finance Corp.
	27,600	2.73%, 09/05/2008 (I)(L)		27,609
	9,500	2.78%, 08/06/2008 (I)(L)		9,499
	27,250	2.82%, 04/02/2009 (I)(L)		27,250
	21,300	3.01%, 09/18/2008 (I)(L)		21,300
		Australia & New Zealand Banking GR
	19,250	2.67%, 08/04/2008		19,202
	32,000	2.68%, 10/03/2008 (I)		31,780
	16,500	2.81%, 07/24/2008 (I)		16,471
		Bank of America Corp.
	26,000	2.48%, 12/18/2008 (L)		25,983
	21,250	2.74%, 08/25/2008		21,162
	20,500	2.76%, 07/21/2008		20,469
		Bank of Nova Scotia
	20,300	2.54%, 08/13/2008		20,239
	23,250	2.74%, 09/16/2008		23,115
	25,250	2.77%, 04/09/2009 (I)(L)		25,250
		Bank of Scotland
	17,000	2.67%, 08/08/2008		16,952
	20,450	2.75%, 07/07/2008		20,441
		BNP Paribas Finance
	17,000	2.43%, 09/23/2008 (L)		16,993
	25,500	2.53%, 07/16/2008		25,500
	25,250	2.63%, 08/27/2008		25,250
		Caterpillar Financial Services Corp.
	38,000	2.47%, 09/10/2008 (L)		37,984
		Citigroup Funding, Inc.
	35,000	2.81%, 08/14/2008		34,880
	19,300	2.84%, 09/19/2008		19,179
	15,000	2.86%, 07/28/2008		14,968
		Danske Bank AS
	22,000	2.47%, 08/19/2008 (I)(L)		22,000
		Danske Corp.
	17,000	2.38%, 08/01/2008		16,965
	5,250	2.47%, 07/15/2008		5,245
	24,600	2.55%, 07/15/2008		24,576
		Federal Home Loan Bank
	30,000	2.04%, 07/23/2008		29,963
	28,000	2.06%, 07/11/2008		27,984
	55,750	2.11%, 09/26/2008 — 10/29/2008		55,412
	30,500	2.12%, 10/03/2008		30,332
	22,000	2.13%, 09/03/2008		21,917
	24,250	2.21%, 08/27/2008		24,166
	25,000	2.26%, 08/08/2008		24,941
	23,800	2.41%, 11/26/2008 (L)		23,791
	46,650	2.44%, 12/08/2008 (L)		46,653
	14,500	2.45%, 09/19/2008		14,422
	22,900	2.49%, 05/20/2009 (L)		22,895
	21,250	2.75%, 01/23/2009 (L)		21,260
		Federal Home Loan Mortgage Corp.
	29,250	2.06%, 07/07/2008		29,240
	42,000	2.07%, 08/15/2008		41,892
	25,750	2.09%, 10/20/2008		25,585
	25,000	2.10%, 09/29/2008		24,869
	27,880	2.13%, 09/08/2008		27,767
	33,000	2.17%, 08/04/2008		32,932
	22,250	2.21%, 11/17/2008		22,062
	34,000	2.36%, 04/07/2009 (L)		34,000
	25,000	2.45%, 09/22/2008		24,859
	44,250	2.50%, 11/05/2008		43,863
	35,640	5.75%, 03/15/2009		36,348
		Federal National Mortgage Association
	25,300	2.03%, 08/18/2008		25,232
	35,500	2.07%, 07/31/2008		35,439
	109,500	2.10%, 07/09/2008 — 10/08/2008		109,048
	32,000	2.11%, 10/22/2008		31,789
	35,500	2.12%, 08/01/2008		35,435
	24,750	2.19%, 11/12/2008		24,550
	33,000	2.29%, 11/05/2008		32,736
	52,750	2.42%, 09/03/2008		52,534
		General Electric Capital Corp.
	20,000	2.36%, 07/18/2008		19,978
	19,400	2.50%, 06/24/2009 (L)		19,400
	17,750	2.51%, 12/12/2008 (L)		17,751
	31,250	2.52%, 10/16/2008		31,018
		Goldman Sachs Group, Inc.
	50,850	3.01%, 07/29/2008 (L)		50,872
		Greenwich Capital Holdings
	9,250	2.99%, 09/22/2008		9,187
		HBOS Treasury Services plc
	26,440	2.45%, 09/08/2008 (I)(L)		26,439
		HSBC Finance Corp.
	11,000	2.35%, 07/14/2008		10,991
	22,500	2.47%, 09/06/2008 (L)		22,500
		John Deere Capital Corp.
	25,250	2.02%, 07/07/2008 (I)		25,234
	25,500	2.18%, 08/20/2008 (I)		25,423

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

­ ­  142  ­ ­

Principal					Market
Amount					Value (W)
		Finance — (continued)
		JP Morgan Chase & Co.
$	22,000	2.36%, 08/25/2008			$	21,921
	19,500	2.41%, 08/04/2008				19,456
	26,200	2.45%, 09/02/2008 (L)				26,200
	10,250	3.03%, 07/14/2008				10,239
		Kreditanstalt fuer Wiederaufbau
	34,400	2.09%, 08/13/2008 (I)				34,315
	25,250	2.11%, 07/29/2008 (I)				25,209
	28,600	2.34%, 09/29/2008 (I)				28,433
		Lehman Brothers Holdings, Inc.
	12,000	2.85%, 07/01/2008				12,000
	22,000	2.99%, 11/26/2008 (L)				22,000
		Merrill Lynch & Co., Inc.
	22,000	2.62%, 08/22/2008 (L)				22,000
	12,000	2.63%, 07/03/2008				11,998
		Morgan Stanley Dean Witter, Inc.
	19,250	2.64%, 08/21/2008				19,178
	21,250	3.05%, 08/04/2008				21,189
		Nordea Bank Ab
	21,700	2.45%, 09/08/2008 (I)(L)				21,700
		Nordea Bank Finland NY
	24,500	2.44%, 04/09/2009 (L)				24,415
		Nordea North America
	21,500	2.43%, 07/15/2008				21,480
		Royal Bank of Canada
	25,350	2.55%, 07/15/2008				25,485
	22,250	2.69%, 09/15/2008				22,250
	21,250	2.87%, 07/15/2009 (I)(L)				21,250
		Royal Bank of Scotland Group plc
	19,250	2.64%, 08/12/2008				19,191
	15,500	2.66%, 08/07/2008 (I)				15,458
	24,800	2.77%, 09/22/2008				24,643
		Skandinaviska Enskilda Bank Ab
	21,600	2.46%, 09/08/2008 (I)(L)				21,600
	24,650	2.49%, 07/22/2008 (I)				24,614
	21,500	2.79%, 08/21/2008 (I)(L)				21,506
		State Street Corp.
	25,500	2.20%, 07/28/2008				25,458
	24,000	2.21%, 08/11/2008				23,940
	20,250	2.70%, 07/24/2008				20,215
		Svenska Handelsbanken Ab
	29,325	2.47%, 07/11/2008				29,305
	22,000	2.47%, 07/13/2009 (I)(L)				22,000
	15,400	2.94%, 05/06/2009 (I)(L)				15,400
		Swedbank
	29,000	2.34%, 07/10/2008				28,984
	19,400	2.65%, 08/13/2008				19,339
	18,900	2.78%, 09/25/2008				18,775
		Toyota Motor Credit Corp.
	53,000	2.03%, 07/17/2008 (L)				53,000
	8,000	2.32%, 07/31/2008				7,985
	23,750	2.52%, 10/14/2008				23,577
		UBS Finance LLC
	20,000	2.51%, 07/16/2008				19,979
	19,500	2.61%, 08/28/2008				19,418
	30,000	2.93%, 07/08/2008				29,983
		Wachovia Bank NA
	25,250	2.65%, 10/03/2008 (L)				25,256
	9,500	2.80%, 09/23/2008				9,500
	34,000	2.91%, 05/01/2009 (L)				34,000
		Wells Fargo & Co.
	24,500	2.14%, 07/25/2008				24,465
	21,250	2.41%, 08/26/2008				21,171
	22,000	2.63%, 06/18/2009 (L)				22,000
		Westpac Banking Corp.
	21,600	2.47%, 09/15/2008 (I)(L)				21,600
	20,000	2.75%, 07/09/2008 (I)				19,989
	25,750	3.06%, 01/28/2009 (L)				25,875
						3,065,154
		Health Care — 0.5%
		Astrazeneca plc
	19,250	2.73%, 11/25/2008 (I)				19,038
		Repurchase Agreements — 3.7%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $94,815, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $96,869)
	94,810	1.80% dated 06/30/2008				94,810
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $37,473, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $38,088)
	37,471	1.80% dated 06/30/2008				37,471
						132,281
		Services — 1.9%
		Walt Disney Co.
	33,900	1.95%, 07/21/2008				33,863
	34,100	2.18%, 07/11/2008				34,080
						67,943
		Total investments (cost $3,538,980) (C)	99.6	%	$	3,538,980
		Other assets and liabilities	0.4	%		15,030
		Total net assets	100.0	%	$	3,554,010

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 19.73% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(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 June 30, 2008, was $793,664, which represents 22.33% of total net assets.
(L)	Variable rate securities; the yield reported is the rate in effect at June 30, 2008.
(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.

­ ­  143  ­ ­

Hartford Mortgage Securities HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 29.2%
		Finance — 29.2%
		Ameriquest Mortgage Securities, Inc.
$	1,612	3.46%, 09/25/2032 (L)	$	1,443
		Ansonia CDO Ltd.
	3,800	2.68%, 07/28/2046 (A)(H)(L)		1,710
		Arbor Realty Mortgage Securities
	5,000	3.30%, 01/26/2042 (H)(L)		3,328
		Banc of America Commercial Mortgage, Inc.
	37,100	4.83%, 07/11/2043 (H)►		920
		Banc of America Large Loan
	3,000	2.71%, 10/15/2019 (H)(L)		2,679
		Bayview Commercial Asset Trust
	30,916	7.00%, 07/25/2037 (H)►		3,215
	34,258	7.50%, 09/25/2037 (H)►		4,111
		Bayview Financial Acquisition Trust
	1,100	4.13%, 05/28/2037 (H)(L)		385
	700	5.48%, 05/28/2037 (H)(L)		126
		Bear Stearns Asset Backed Securities, Inc.
	1,994	3.58%, 05/25/2037 (H)(L)		305
		Bear Stearns Commercial Mortgage Securities, Inc.
	30,406	4.85%, 08/15/2038 (H)►		1,229
		Carrington Mortgage Loan Trust
	1,668	4.13%, 02/25/2037 (H)(L)		154
		CBA Commercial Small Balance Commercial Mortgage
	920	6.09%, 07/25/2039 (H)(L)		534
	970	6.50%, 07/25/2039 (H)(L)		388
	23,217	7.25%, 07/25/2039 (H)►		2,230
		Citigroup Commercial Mortgage Trust
	2,500	2.71%, 08/15/2021 (H)(L)		2,232
		Citigroup Mortgage Loan Trust, Inc.
	8,643	5.91%, 07/25/2037 (L)		8,292
		Commercial Mortgage Pass-Through Certificates
	4,327	2.76%, 12/15/2020 (H)(L)		3,925
		Countrywide Alternative Loan Trust
	2,823	2.73%, 10/25/2035 (H)(L)		2,550
		Countrywide Asset-Backed Certificates
	8,500	5.57%, 11/25/2035		5,264
		Countrywide Home Loan Mortgage Pass-Through Trust
	4,030	5.00%, 01/25/2019		3,894
		Credit Suisse Mortgage Capital Certificates
	1,089	3.27%, 09/15/2021 (H)(L)		1,014
		CS First Boston Mortgage Securities Corp.
	42,773	4.01%, 03/15/2035 (H)►		931
		CW Capital Cobalt Ltd.
	8,000	5.48%, 04/15/2047		7,442
		Deutsche Alt-A Securities, Inc.
	6,386	5.56%, 02/25/2036 (L)		5,500
		DLJ Mortgage Acceptance Corp. Class B1
	30	7.25%, 09/18/2011 (H)		29
		DLJ Mortgage Acceptance Corp. Class B2
	10	7.25%, 09/18/2011 (H)		9
		First Franklin Mortgage Loan Asset Backed Certificates
	560	4.96%, 07/25/2033 (H)(L)		213
		Green Tree Financial Corp.
	140	7.30%, 01/15/2026		143
		Greenwich Capital Commercial Funding Corp.
	4,000	2.68%, 11/05/2021 (I)(L)		3,474
		Indymac Index Mortgage Loan Trust
	8,625	2.72%, 06/25/2037 (H)(L)		6,124
		LB-UBS Commercial Mortgage Trust
	30,666	4.25%, 12/15/2036 (H)►		637
		Lehman XS Trust
	4,698	6.50%, 05/25/2037 (H)(L)		4,433
		LNR CDO Ltd.
	2,800	2.73%, 05/28/2043 (H)(L)		1,260
		Mach One Trust Commercial Mortgage-Backed
	27,478	6.09%, 05/28/2040 (H)►		632
		Master Asset Backed Securities Trust
	136	3.61%, 05/25/2033 (L)		136
	2,000	5.18%, 05/25/2033 (L)		1,910
		Master Asset Securitization Trust
	3,380	5.00%, 12/25/2018		3,266
		Merrill Lynch Floating Trust
	4,250	2.67%, 06/15/2022 (H)(L)		4,008
		Merrill Lynch Mortgage Investors, Inc.
	1,156	4.13%, 05/25/2032 (L)		971
		Merrill Lynch Mortgage Trust
	5,000	5.24%, 11/12/2035		4,894
		Morgan Stanley ABS Capital I
	3,667	3.98%, 11/25/2032 (L)		2,891
		Morgan Stanley Capital
	5,500	2.58%, 10/15/2020 (I)(L)		5,103
		Renaissance Home Equity Loan Trust
	3,330	7.00%, 09/25/2037 (H)		845
	1,700	7.50%, 04/25/2037 — 06/25/2037 (H)		177
		Residential Asset Mortgage Products, Inc.
	2,353	5.70%, 10/25/2031		1,777
		Spirit Master Funding LLC
	5,750	5.76%, 03/20/2024 (H)		5,659
		Structured Asset Securities Corp.
	4,295	3.48%, 02/25/2033 (L)		4,153
	2,000	4.98%, 02/25/2037 (H)(L)		181
		Total asset & commercial mortgage backed securities (cost $146,728)	$	116,726
CORPORATE BONDS: INVESTMENT GRADE — 0.3%
		Finance — 0.3%
		North Street Referenced Linked Notes
$	1,500	4.30%, 07/30/2010 (A)(H)(L)	$	1,038
		Total corporate bonds: investment grade (cost $1,365)	$	1,038
U.S. GOVERNMENT AGENCIES — 83.5%
		Federal Home Loan Mortgage Corporation — 26.7%
		Mortgage Backed Securities:
$	1,368	4.50%, 2018 #	$	1,338
	3,051	4.94%, 2035 (L)#		3,068
	24,000	5.50%, 2022		24,164
	24,332	5.50%, 2034 #		24,071
	9,806	5.95%, 2037 (L)#		9,970
	1,104	6.00%, 2022 — 2034		1,126
	20,500	6.00%, 2038 (Q)		20,705
	1,462	6.50%, 2014 — 2017		1,525
	1,267	7.00%, 2026 — 2032		1,341
	628	7.00%, 2032 #		663

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

­ ­  144  ­ ­

Principal					Market
Amount					Value (W)
U.S. GOVERNMENT AGENCIES — (continued)
		Federal Home Loan Mortgage Corporation — (continued)
		Mortgage Backed Securities: — (continued)
$	34	7.50%, 2024 — 2025			$	36
	100	8.00%, 2013 — 2024				108
	12	8.50%, 2009 — 2024				12
	19	8.50%, 2010 #				19
	1	9.50%, 2008				1
	62	10.00%, 2020				69
						88,216
		Remic — Pac’s:
	6,895	5.00%, 2034				6,651
		Remic — Z Bonds:
	13,217	5.50%, 2033 (R)				11,861
						106,728
		Federal National Mortgage Association — 30.3%
		Mortgage Backed Securities:
	5,035	4.75%, 2035 (L)				5,071
	19,882	5.00%, 2018 — 2035				19,323
	13,293	5.33%, 2037 (L)				13,391
	7,903	5.50%, 2033				7,837
	7,494	5.54%, 2037 (L)				7,609
	8,436	5.94%, 2037 (L)				8,557
	3,608	5.99%, 2037 (L)				3,661
	19,528	6.00%, 2023 — 2035				19,852
	21,873	6.50%, 2028 — 2037				22,667
	3,600	6.50%, 2038 (Q)				3,706
	3,012	7.00%, 2011 — 2032				3,166
	261	8.00%, 2029 — 2031				284
	70	9.00%, 2021				78
						115,202
		Remic — IO & IO-Ette:
	17,085	5.50%, 2037 (L)				4,415
		Remic — Pac’s:
	1,573	6.50%, 2031				1,648
		Zero Coupon:
	—	11.00%, 2009				—
						121,265
		Government National Mortgage Association — 12.0%
		Mortgage Backed Securities:
	4,702	6.00%, 2033 #				4,795
	35,600	6.00%, 2038 (Q)				36,078
	4,292	6.50%, 2028 — 2032 #				4,457
	1,894	7.00%, 2032 #				2,016
	586	7.50%, 2022 — 2030 #				635
	120	8.50%, 2017 — 2030 #				133
	40	9.50%, 2009 #				42
						48,156
		Other Government Agencies — 14.5%
		Small Business Administration Participation Certificates:
	3,262	5.12%, 2026				3,226
	2,270	5.23%, 2027 #				2,260
	4,813	5.31%, 2027				4,789
	2,952	5.32%, 2027				2,954
	5,169	5.32%, 2027 #				5,180
	4,933	5.36%, 2026				4,932
	3,745	5.37%, 2026				3,761
	4,736	5.56%, 2027				4,789
	9,821	5.57%, 2027				9,893
	4,332	5.71%, 2027				4,391
	3,860	5.82%, 2027 #				3,974
	7,434	6.30%, 2019				7,636
						57,785
		Total U.S. government agencies (cost $333,081)			$	333,934
		Total long-term investments (cost $481,174)			$	451,698
SHORT-TERM INVESTMENTS — 1.7%
		Repurchase Agreements — 1.5%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,396, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $4,491)
$	4,396	1.80% dated 06/30/2008			$	4,396
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,737, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $1,766)
	1,737	1.80% dated 06/30/2008				1,737
						6,133
		U.S. Treasury Bills — 0.2%
	575	1.99%, 09/11/2008 (M)(S)				573
		Total short-term investments (cost $6,706)			$	6,706
		Total investments (cost $487,880) (C)	114.7	%	$	458,404
		Other assets and liabilities	(14.7	)%		(58,758	)
		Total net assets	100.0	%	$	399,646

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedule of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $488,247 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	2,306
Unrealized Depreciation		(32,149	)
Net Unrealized Depreciation	$	(29,843	)

#	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 under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $2,748, which represents 0.69% of total net assets. This calculation

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

­ ­  145  ­ ­

Hartford Mortgage Securities HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

	excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(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 June 30, 2008, was $8,577, which represents 2.15% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2008.
(M)	The interest rate disclosed for these securities represents the effective yield on the date of acquisition.
►	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at June 30, 2008.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at June 30, 2008 was $60,208.
(R)	Z-Tranche securities pay no principal or interest during their initial accrual period, but accrue additional principal at a specified coupon rate.
(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		3,800	Ansonia CDO Ltd., 2.68%, 07/28/2046 - 144A	$	3,800
11/2006		5,000	Arbor Realty Mortgage Securities, 3.30%, 01/26/2042 - 144A		5,000
02/2003		37,100	Banc of America Commercial Mortgage, Inc., 4.83%, 07/11/2043 - 144A		910
10/2006		3,000	Banc of America Large Loan, 2.71%, 10/15/2019 - 144A		3,000
05/2007		30,916	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A		4,393
08/2007		34,258	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		4,714
04/2007		1,100	Bayview Financial Acquisition Trust, 4.13%, 05/28/2037		1,100
04/2007		700	Bayview Financial Acquisition Trust, 5.48%, 05/28/2037		678
04/2007		1,994	Bear Stearns Asset Backed Securities, Inc., 3.58%, 05/25/2037		1,994
02/2003		30,406	Bear Stearns Commercial Mortgage Securities, Inc., 4.85%, 08/15/2038 - 144A		1,243
03/2007		1,668	Carrington Mortgage Loan Trust, 4.13%, 02/25/2037		1,668
05/2007		920	CBA Commercial Small Balance Commercial Mortgage, 6.09%, 07/25/2039 - 144A		920
05/2007		970	CBA Commercial Small Balance Commercial Mortgage, 6.50%, 07/25/2039 - 144A		970
05/2007		23,217	CBA Commercial Small Balance Commercial Mortgage, 7.25%, 07/25/2039 - 144A		2,022
10/2006		2,500	Citigroup Commercial Mortgage Trust, 2.71%, 08/15/2021 - 144A		2,500
10/2006		4,327	Commercial Mortgage Pass-Through Certificates, 2.76%, 12/15/2020 - 144A		4,327
01/2007		2,823	Countrywide Alternative Loan Trust, 2.73%, 10/25/2035		2,823
11/2006		1,089	Credit Suisse Mortgage Capital Certificates, 3.27%, 09/15/2021 - 144A		1,089
02/2003		42,773	CS First Boston Mortgage Securities Corp., 4.01%, 03/15/2035 - 144A		992
08/1996		30	DLJ Mortgage Acceptance Corp. Class B1, 7.25%, 09/18/2011 - 144A		29
08/1996		10	DLJ Mortgage Acceptance Corp. Class B2, 7.25%, 09/18/2011 - 144A		10
06/2003		560	First Franklin Mortgage Loan Asset Backed Certificates, 4.96%, 07/25/2033		560
04/2007 -		8,625	Indymac Index Mortgage Loan Trust,
02/2008			2.72%, 06/25/2037		8,625
03/2003		30,666	LB-UBS Commercial Mortgage Trust, 4.25%, 12/15/2036 - 144A		578
10/2007		4,698	Lehman XS Trust, 6.50%, 05/25/2037		4,646
11/2006		2,800	LNR CDO Ltd., 2.73%, 05/28/2043 - 144A		2,806
07/2004		27,478	Mach One Trust Commercial Mortgage-Backed, 6.09%, 05/28/2040 - 144A		803
10/2006		4,250	Merrill Lynch Floating Trust, 2.67%, 06/15/2022 - 144A		4,250
11/2006		1,500	North Street Referenced Linked Notes, 4.30%, 07/30/2010 - 144A		1,365
08/2007		3,330	Renaissance Home Equity Loan Trust, 7.00%, 09/25/2037		2,684
05/2007		1,700	Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037 — 06/25/2037		1,549
03/2006		5,750	Spirit Master Funding LLC, 5.76%, 03/20/2024 - 144A		5,749
03/2007		2,000	Structured Asset Securities Corp., 4.98%, 02/25/2037		1,875

	The aggregate value of these securities at June 30, 2008 was $57,211 which represents 14.32% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at June 30, 2008.
	Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
5 Year U.S. Treasury Note		270		Long		Sep 2008	$	229
10 Year U.S. Treasury Note		30		Long		Sep 2008		48
U.S. Long Bond		110		Short		Sep 2008		(288	)
							$	(11	)

	* 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.

­ ­  146  ­ ­

Hartford Small Company HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 93.7%
		Basic Materials — 9.6%
	135	Arch Coal, Inc.	$	10,132
	148	Ball Corp.		7,082
	78	Cabot Microelectronics Corp. (D)		2,583
	173	Carbo Ceramics, Inc. (G)		10,092
	63	Century Aluminum Co. (D)		4,215
	16	Compass Minerals Group, Inc.		1,305
	48	Curtis-Wright Corp.		2,148
	103	Drew Industries (D)(G)		1,636
	223	FMC Corp.		17,270
	109	Foundation Coal Holdings, Inc.		9,641
	16	Graham Corp.		1,193
	143	Hercules, Inc.		2,416
	29	International Coal Group, Inc. (D)		382
	36	James River Coal Co. (D)		2,125
	193	Jarden Corp. (D)		3,518
	1,478	Kingboard Chemical Holdings Ltd.		6,824
	134	Lupatech S.A. (D)		4,897
	43	Matthews International Corp. Class A		1,936
	47	Mobile Mini, Inc. (D)		946
	36	Newmarket Corp.		2,386
	195	OfficeMax, Inc. (G)		2,707
	828	Rexam plc		6,360
	16	Rockwood Holdings, Inc. (D)		566
	138	Snap-On, Inc.		7,171
	570	Solutia, Inc. (D)(G)		7,307
	34	Tempur-Pedic International, Inc. (G)		268
	196	Terra Industries, Inc.		9,663
	334	Titan International, Inc. (G)		11,898
	109	Tupperware Brands Corp.		3,722
	72	W.R. Grace & Co. (D)		1,696
				144,085
		Capital Goods — 6.5%
	10	Aaon, Inc.		186
	105	Actuant Corp. Class A		3,289
	93	Bally Technologies, Inc. (D)		3,152
	12	Blue Nile, Inc. (D)(G)		510
	65	Chart Industries, Inc. (D)		3,157
	90	Cohu, Inc.		1,314
	232	Colfax Corp. (D)		5,819
	86	Columbus McKinnon Corp. (D)		2,072
	122	Daktronics, Inc. (G)		2,468
	223	Dril-Quip, Inc. (D)		14,083
	305	Entegris, Inc. (D)		1,995
	116	Flotek Industries, Inc. (D)(G)		2,388
	55	Flowserve Corp.		7,565
	33	Heico Corp. (G)		1,078
	118	Hexcel Corp. (D)		2,270
	65	II-VI, Inc. (D)		2,253
	23	Lindsay Corp.		1,954
	31	Lufkin Industries, Inc.		2,562
	450	Marvel Entertainment, Inc. (D)(G)		14,464
	42	NATCO Group, Inc. (D)		2,310
	37	Nordson Corp.		2,709
	118	Orbital Sciences Corp. (D)		2,769
	15	Robbins & Myers, Inc.		749
	108	Rudolph Technologies, Inc. (D)		830
	11	T-3 Energy Services, Inc. (D)		846
	138	Tessera Technologies, Inc. (D)		2,265
	132	TransDigm Group, Inc. (D)(G)		4,445
	120	WMS Industries, Inc. (D)		3,578
	93	Woodward Governor Co.		3,305
				96,385
		Consumer Cyclical — 10.0%
	53	1-800-Flowers.com, Inc. (D)		344
	254	Advance Automotive Parts, Inc.		9,847
	140	Aeropostale, Inc. (D)		4,400
	74	Applied Industrial Technologies, Inc.		1,777
	781	Ariba, Inc. (D)		11,480
	692	Asics Corp.		7,559
	236	Big Lots, Inc. (D)(G)		7,365
	343	BJ’s Wholesale Club, Inc. (D)		13,275
	58	The Buckle, Inc.		2,664
	72	Cash America International, Inc.		2,229
	55	CEC Entertainment, Inc. (D)		1,543
	152	Cheesecake Factory, Inc. (D)		2,417
	39	Deckers Outdoor Corp. (D)		5,387
	201	Dick’s Sporting Goods, Inc. (D)(G)		3,561
	93	Dufry Group		8,545
	40	EMCOR Group, Inc. (D)		1,140
	45	ESCO Technologies, Inc. (D)(G)		2,109
	136	The Finish Line, Inc.		1,187
	25	Fuel Systems Solutions, Inc. (D)		950
	110	Global Sources Ltd. (D)		1,665
	152	Great Atlantic & Pacific Tea Co., Inc. (D)		3,473
	61	Gymboree Corp. (D)		2,452
	18	Herman Miller, Inc.		447
	104	J. Crew Group, Inc. (D)(G)		3,429
	63	Lululemon Athletica, Inc. (D)		1,827
	77	McGrath RentCorp		1,891
	45	Men’s Wearhouse, Inc. (G)		733
	185	Nutri/System, Inc.		2,609
	354	Owens & Minor, Inc. (G)		16,158
	85	Perini Corp. (D)(G)		2,814
	191	PSS World Medical, Inc. (D)		3,110
	62	Sotheby’s Holdings		1,643
	107	True Religion Apparel, Inc. (D)(G)		2,860
	147	Tween Brands, Inc. (D)		2,416
	116	VistaPrint Ltd. (D)(G)		3,117
	114	Warnaco Group, Inc. (D)		5,014
	82	Wolverine World Wide, Inc.		2,182
	234	Zumiez, Inc. (D)(G)		3,866
				149,485
		Consumer Staples — 1.7%
	101	Agfeed Industries, Inc. (D)		1,506
	—	Boston Beer Co., Inc. Class A (D)		3
	82	Cal-Maine Foods, Inc. (G)		2,703
	71	Chattem, Inc. (D)(G)		4,588
	63	Darling International, Inc. (D)		1,035
	124	Flowers Foods, Inc.		3,510
	68	Lancaster Colony Corp.		2,047
	475	Pilgrim’s Pride Corp. (G)		6,175
	34	Ralcorp Holdings, Inc. (D)(G)		1,669
	164	Vector Group Ltd. (G)		2,648
				25,884
		Energy — 8.3%
	57	Arena Resources, Inc. (D)		2,985
	133	Berry Petroleum Co.		7,819

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

­ ­  147  ­ ­

Hartford Small Company HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Energy — (continued)
	49	Bill Barrett Corp. (D)	$	2,903
	20	Bois d’Arc Energy, Inc. (D)		493
	88	Cabot Oil & Gas Corp.		5,948
	33	Carrizo Oil & Gas, Inc. (D)		2,227
	7	Clayton Williams Energy, Inc. (D)		719
	75	Comstock Resources, Inc. (D)		6,336
	121	Concho Resources, Inc. (D)		4,509
	45	Contango Oil & Gas Co. (D)		4,199
	52	Crosstex Energy, Inc.		1,813
	31	Dawson Geophysical Co. (D)		1,853
	1,340	Dockwise Ltd. (D)		4,990
	84	Encore Acquisition Co. (D)		6,286
	56	Exco Resources, Inc. (D)		2,060
	114	Forest Oil Corp. (D)		8,507
	679	Gran Tierra Energy Corp. (D)		5,411
	479	Grey Wolf, Inc. (D)(G)		4,326
	149	Headwaters, Inc. (D)		1,751
	216	Hercules Offshore, Inc. (D)(G)		8,215
	83	Matrix Service Co. (D)		1,903
	74	McMoRan Exploration Co. (D)		2,028
	126	Penn Virginia Corp.		9,515
	71	PetroQuest Energy, Inc. (D)		1,916
	19	RPC, Inc.		324
	136	St. Mary Land & Exploration Co.		8,786
	168	Vaalco Energy, Inc. (D)		1,420
	553	Warren Resources, Inc. (D)		8,109
	51	W-H Energy Services (D)		4,844
	27	Willbros Group, Inc. (D)		1,170
				123,365
		Finance — 6.6%
	304	Allied World Assurance Holdings Ltd.		12,030
	116	Centene Corp. (D)		1,944
	72	eHealth, Inc. (D)(G)		1,271
	40	Equity Lifestyle Properties, Inc.		1,769
	58	FCStone Group, Inc. (D)		1,619
	243	GFI Group, Inc.		2,189
	39	Greenhill & Co., Inc. (G)		2,078
	141	Grubb & Ellis Co. (G)		543
	89	HealthExtras, Inc. (D)		2,696
	15	Heartland Payment Systems, Inc. (G)		361
	198	Inland Real Estate Corp.		2,860
	139	Interactive Brokers Group (D)(G)		4,458
	195	International Bancshares Corp.		4,173
	143	Knight Capital Group, Inc. (D)		2,573
	927	Liberty Acquisition Holdings Corp. (D)(G)		9,734
	146	MB Financial, Inc. (G)		3,273
	65	Mercadolibre, Inc. (D)(G)		2,234
	439	Net 1 UEPS Technologies, Inc. (D)		10,668
	151	optionsXpress Holdings, Inc.		3,384
	245	ProAssurance Corp. (D)(G)		11,763
	71	Riskmetrics Group, Inc. (D)		1,392
	126	Signature Bank (D)		3,242
	149	Solera Holdings, Inc. (D)		4,119
	299	Sunstone Hotel Investors, Inc.		4,971
	27	Washington Real Estate Investment Trust (G)		821
	53	World Acceptance Corp. (D)(G)		1,779
				97,944
		Health Care — 15.5%
	207	Accuray, Inc. (D)(G)		1,506
	47	Acorda Therapeutics, Inc. (D)		1,556
	82	Albany Molecular Research, Inc. (D)		1,094
	67	Alexion Pharmaceuticals, Inc. (D)(G)		4,898
	643	Alkermes, Inc. (D)		7,944
	191	Alliance Imaging, Inc. (D)		1,659
	78	Alnylam Pharmaceuticals, Inc. (D)(G)		2,094
	66	Alpharma, Inc. Class A (D)		1,476
	330	American Oriental Bioengineering, Inc. (D)		3,255
	120	Angiodynamics, Inc. (D)		1,636
	326	Applera Corp. — Celera Group (D)		3,702
	442	Arena Pharmaceuticals, Inc. (D)(G)		2,293
	102	ArthroCare Corp. (D)(G)		4,152
	236	Assisted Living Concepts I-A (D)		1,300
	152	Auxilium Pharmaceuticals, Inc. (D)(G)		5,100
	67	Cephalon, Inc. (D)		4,485
	114	Charles River Laboratories International, Inc. (D)		7,258
	122	Cougar Biotechnology, Inc. (D)(G)		2,902
	138	Cubist Pharmaceuticals, Inc. (D)		2,463
	316	Enzon, Inc. (D)(G)		2,249
	153	eResearch Technology, Inc. (D)		2,665
	29	Haemonetics Corp. (D)		1,608
	611	HealthSouth Corp. (D)(G)		10,153
	84	Healthways, Inc. (D)(G)		2,489
	693	Human Genome Sciences, Inc. (D)(G)		3,610
	122	Icon plc ADR (D)		9,180
	122	Immucor, Inc. (D)		3,146
	70	Integra LifeSciences Holdings Corp. (D)(G)		3,124
	150	Invacare Corp.		3,066
	309	Isis Pharmaceuticals, Inc. (D)(G)		4,209
	69	Kendle International, Inc. (D)(G)		2,523
	110	KV Pharmaceutical Co. (D)(G)		2,130
	29	Landauer, Inc.		1,658
	73	Martek Biosciences Corp. (D)		2,458
	84	Masimo Corp. (D)		2,870
	442	Medicines Co. (D)(G)		8,754
	171	Medicis Pharmaceutical Corp. Class A (G)		3,546
	109	Meridian Bioscience, Inc.		2,937
	147	Merit Medical Systems, Inc. (D)		2,168
	135	Mindray Medical International Ltd. (G)		5,054
	65	Myriad Genetics, Inc. (D)(G)		2,950
	331	Nektar Therapeutics (D)(G)		1,109
	113	Noven Pharmaceuticals, Inc. (D)		1,212
	247	Obagi Medical Products, Inc. (D)		2,116
	176	Onyx Pharmaceuticals, Inc. (D)(G)		6,241
	81	OSI Pharmaceuticals, Inc. (D)(G)		3,345
	2	PAREXEL International Corp. (D)		62
	239	PDL Biopharma, Inc.		2,539
	167	Perrigo Co.		5,319
	444	Pharmaceutical Product Development, Inc.		19,037
	157	PharmaNet Development Group, Inc. (D)		2,478
	132	Pozen, Inc. (D)(G)		1,441
	220	Psychiatric Solutions, Inc. (D)(G)		8,348
	136	Quidel Corp. (D)		2,241
	107	Sciele Pharma, Inc. (G)		2,062
	199	Sepracor, Inc. (D)		3,968
	549	SSL International plc		4,868
	150	STERIS Corp.		4,325
	67	Thoratec Corp. (D)		1,171
	44	United Therapeutics Corp. (D)(G)		4,296

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

­ ­  148  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Health Care — (continued)
	165	Valeant Pharmaceuticals International (D)(G)	$	2,816
	23	Vital Signs, Inc.		1,295
	419	VIVUS, Inc. (D)		2,799
	337	Volcano Corp. (D)		4,117
	34	Xenoport, Inc. (D)		1,326
				231,851
		Services — 9.8%
	48	Advisory Board Co. (D)		1,882
	300	Aecom Technology Corp. (D)		9,749
	397	Atheros Communications, Inc. (D)(G)		11,890
	15	Bankrate, Inc. (D)(G)		599
	133	CACI International, Inc. Class A (D)		6,085
	86	CDI Corp.		2,192
	40	Clean Harbors, Inc. (D)		2,868
	213	Corinthian Colleges, Inc. (D)		2,470
	48	Corvel (D)		1,628
	99	Digital River, Inc. (D)(G)		3,825
	135	Factset Research Systems, Inc. (G)		7,636
	328	Focus Media Holding Ltd. ADR (D)		9,082
	620	Foundry Networks, Inc. (D)(G)		7,327
	127	Gartner, Inc. Class A (D)		2,625
	50	Healthcare Services Group, Inc. (G)		754
	—	Hub Group, Inc. (D)		14
	226	Jack Henry & Associates, Inc.		4,899
	118	JDA Software Group, Inc. (D)		2,137
	160	Loopnet, Inc. (D)(G)		1,802
	68	Manhattan Associates, Inc. (D)		1,606
	39	Mantech International Corp. Class A (D)		1,892
	155	Micros Systems (D)		4,739
	9	Monotype Imaging Holdings, Inc. (D)		111
	50	Navigant Consulting, Inc. (D)		982
	240	Nice Systems Ltd. (D)		7,083
	254	Parametric Technology Corp. (D)		4,239
	65	Plexus Corp. (D)		1,791
	139	Premiere Global Services, Inc. (D)		2,026
	34	Resources Connection, Inc.		696
	252	Riverbed Technology, Inc. (D)		3,460
	284	Secure Computing Corp. (D)(G)		1,176
	274	Sykes Enterprises, Inc. (D)		5,169
	340	TeleTech Holdings, Inc. (D)		6,780
	343	Tetra Tech, Inc. (D)		7,750
	126	Tyler Corp. (D)		1,710
	466	Valassis Communications, Inc. (D)(G)		5,831
	211	Waste Connections, Inc. (D)		6,736
	62	Watson Wyatt Worldwide, Inc.		3,258
				146,499
		Technology — 22.2%
	117	ACI Worldwide, Inc. (D)(G)		2,051
	270	Activision, Inc. (D)		9,184
	395	Actuate Corp. (D)		1,546
	101	Acuity Brands, Inc.		4,835
	93	ADTRAN, Inc.		2,215
	193	Advanced Analogic Technologies, Inc. (D)		798
	114	Advent Software, Inc. (D)(G)		4,111
	142	American Medical Systems Holdings (D)(G)		2,118
	407	Amkor Technology, Inc. (D)(G)		4,235
	72	Ansoft Corp. (D)		2,635
	251	Ansys, Inc. (D)		11,850
	38	Arbitron, Inc.		1,786
	642	Art Technology Group, Inc. (D)		2,053
	127	Blackbaud, Inc.		2,724
	59	Blackboard, Inc. (D)(G)		2,272
	161	Blue Coat Systems, Inc. (D)		2,265
	88	Bruker Corp. (D)		1,127
	325	Cellcom Israel Ltd.		11,125
	296	Centennial Cellular Corp. Class A (D)		2,072
	322	CNET Networks, Inc. (D)(G)		3,697
	103	Cognex Corp.		2,363
	98	CommScope, Inc. (D)		5,192
	243	comScore, Inc. (D)(G)		5,301
	209	Concur Technologies, Inc. (D)(G)		6,929
	62	CoStar Group, Inc. (D)(G)		2,769
	65	Ctrip.Com International Ltd. (G)		2,968
	214	CyberSource Corp. (D)(G)		3,580
	59	Dionex Corp. (D)		3,939
	235	DivX, Inc. (D)(G)		1,725
	210	Earthlink, Inc. (D)		1,814
	41	Energy Conversion Devices, Inc. (D)		3,019
	127	Equinix, Inc. (D)(G)		11,305
	69	Esterline Technologies Corp. (D)		3,418
	167	Evergreen Solar, Inc. (D)		1,617
	316	Fairchild Semiconductor International, Inc. (D)		3,705
	92	Faro Technologies (D)(G)		2,303
	334	FLIR Systems, Inc. (D)(G)		13,539
	123	Fossil, Inc. (D)		3,570
	78	GeoEye, Inc. (D)		1,385
	61	GrafTech International Ltd. (D)		1,626
	47	Hittite Microwave Corp. (D)		1,656
	42	HMS Holdings Corp. (D)		896
	334	Informatica Corp. (D)		5,030
	245	Infospace, Inc.		2,037
	413	Interactive Data Corp.		10,380
	163	Interdigital, Inc. (D)(G)		3,967
	125	ION Geophysical Corp. (D)		2,187
	120	j2 Global Communications, Inc. (D)(G)		2,761
	314	Lawson Software, Inc. (D)		2,281
	175	McAfee, Inc. (D)		5,948
	191	Micrel, Inc.		1,745
	344	Microsemi Corp. (D)		8,663
	35	MicroStrategy, Inc. (D)		2,276
	69	Multi-Fineline Electronix, Inc. (D)		1,899
	154	Netflix, Inc. (D)(G)		4,021
	108	Omniture, Inc. (D)		1,996
	1,368	ON Semiconductor Corp. (D)(G)		12,541
	44	Phase Forward, Inc. (D)		794
	64	Phoenix Technologies Ltd. (D)		705
	547	PMC — Sierra, Inc. (D)(G)		4,188
	147	Polycom, Inc. (D)		3,586
	79	Progress Software Corp. (D)		2,025
	61	Rackable Systems, Inc. (D)		813
	664	Red Hat, Inc. (D)		13,737
	164	RightNow Technologies, Inc. (D)		2,240
	122	S1 Corp. (D)		924
	132	Semtech Corp. (D)		1,863
	614	Silicon Image, Inc. (D)		4,453
	79	Sirona Dental Systems, Inc. (D)(G)		2,044
	1,144	Skyworks Solutions, Inc. (D)		11,285
	145	SonicWALL, Inc. (D)		932
	660	Sonus Networks, Inc. (D)(G)		2,259

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

­ ­  149  ­ ­

Hartford Small Company HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	80	SPSS, Inc. (D)	$	2,908
	177	Switch & Data Facilities Co. (D)(G)		3,009
	175	Sybase, Inc. (D)		5,135
	62	Syniverse Holdings, Inc. (D)		1,005
	69	Take-Two Interactive Software, Inc. (D)		1,761
	189	Teledyne Technologies, Inc. (D)		9,241
	220	TradeStation Group, Inc. (D)		2,237
	300	Trizetto Group, Inc. (D)		6,421
	153	TTM Technologies, Inc. (D)		2,016
	155	TW Telecom, Inc. (D)		2,492
	49	Ultratech Stepper, Inc. (D)		757
	235	Valueclick, Inc. (D)(G)		3,556
	48	Varian, Inc. (D)		2,473
	56	ViaSat, Inc. (D)		1,125
	88	Vocus, Inc. (D)		2,834
	59	Volterra Semiconductor Corp. (D)		1,020
	164	Websense, Inc. (D)(G)		2,769
	213	Wind River Systems, Inc. (D)		2,324
				331,981
		Transportation — 3.2%
	98	Con-way, Inc.		4,624
	57	Forward Air Corp.		1,969
	36	Genco Shipping & Trading Ltd.		2,334
	183	J.B. Hunt Transport Services, Inc. (G)		6,075
	193	Kansas City Southern (D)		8,492
	30	Knight Transportation, Inc.		544
	145	Landstar System, Inc.		8,026
	81	Polaris Industries, Inc. (G)		3,285
	47	TBS International Ltd. Class A (D)		1,871
	423	UAL Corp.		2,207
	295	UTI Worldwide, Inc.		5,878
	57	Wabtec Corp.		2,782
				48,087
		Utilities — 0.3%
	76	ITC Holdings Corp.		3,888
		Total common stock (cost $1,401,475)	$	1,399,454
EXCHANGE TRADED FUNDS — 1.0%
		Other Investment Pools and Funds — 1.0%
	200	iShares Russell 2000 Growth Index Fund	$	15,232
		Total exchange traded funds (cost $15,809)	$	15,232
		Total long-term investments (cost $1,417,284)	$	1,414,686
SHORT-TERM INVESTMENTS — 23.7%
		Repurchase Agreements — 4.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $9,879, collateralized by FNMA 5.50%, 2038, value of $10,076)
$	9,878	2.50% dated 06/30/2008	$	9,878
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $10,669, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $10,882)
	10,668	2.40% dated 06/30/2008		10,668
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,795, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $1,831)
	1,795	2.70% dated 06/30/2008		1,795
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $15,817, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $16,133)
	15,816	2.70% dated 06/30/2008		15,816
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $12,667, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $12,942)
	12,667	1.80% dated 06/30/2008		12,667
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $22, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $22)
	22	1.80% dated 06/30/2008		22
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $5,006, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $5,089)
	5,006	1.80% dated 06/30/2008		5,006
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,516, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $4,606)
	4,516	2.55% dated 06/30/2008		4,516
				60,368
Shares
		Securities Purchased with Proceeds from Security Lending — 19.5%
		Cash Collateral Reinvestment Fund:
	291,247	Goldman Sachs FS Prime Obligation/Institutional Fund		291,247

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

­ ­  150  ­ ­

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		U.S. Treasury Bills — 0.1%
$	1,815	1.99%, 09/11/2008 (M)(S)			$	1,809
		Total short-term investments (cost $353,423)			$	353,424
		Total investments (cost $1,770,707) (C)	118.4	%	$	1,768,110
		Other assets and liabilities	(18.4	)%		(274,562	)
		Total net assets	100.0	%	$	1,493,548

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 6.81% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,778,671 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	98,278
Unrealized Depreciation		(108,839	)
Net Unrealized Depreciation	$	(10,561	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008.
	Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
Russell Mini Futures		739		Long		Sep, 2008	$	(825	)

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Sell)	$	55	$	55		07/01/08	$	—
British Pound (Sell)		162		162		07/02/08		—
British Pound (Sell)		184		184		07/03/08		—
							$	—

(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  ­ ­

Hartford SmallCap Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.4%
		Basic Materials — 6.8%
	70	Alpha Natural Resources, Inc. (D)(G)	$	7,290
	8	Cabot Microelectronics Corp. (D)		252
	4	Carbo Ceramics, Inc.		216
	53	Century Aluminum Co. (D)		3,524
	129	Ceradyne, Inc. (D)(G)		4,407
	37	CF Industries Holdings, Inc.		5,608
	56	Cleveland-Cliffs, Inc.		6,698
	2	Compass Minerals Group, Inc.		128
	5	Curtis-Wright Corp.		210
	8	Drew Industries (D)(G)		127
	21	Graham Corp.		1,524
	14	Hercules, Inc.		229
	3	International Coal Group, Inc. (D)		37
	4	James River Coal Co. (D)		205
	54	Massey Energy Co.		5,100
	4	Matthews International Corp. Class A		181
	3	Newmarket Corp.		192
	92	Sun Hydraulics Corp. (G)		2,966
	3	Tempur-Pedic International, Inc. (G)		25
	109	Terra Industries, Inc.		5,364
	5	Titan International, Inc.		193
	87	Tupperware Brands Corp.		2,972
	99	W.R. Grace & Co. (D)		2,316
				49,764
		Capital Goods — 7.3%
	1	Aaon, Inc.		18
	114	Actuant Corp. Class A		3,578
	9	Bally Technologies, Inc. (D)		313
	1	Blue Nile, Inc. (D)		54
	64	Bucyrus International, Inc.		4,644
	6	Chart Industries, Inc. (D)		306
	7	Cohu, Inc.		102
	55	Colfax Corp. (D)		1,376
	59	Columbus McKinnon Corp. (D)		1,412
	11	Daktronics, Inc. (G)		229
	6	Dril-Quip, Inc. (D)		393
	30	Entegris, Inc. (D)		195
	11	Flotek Industries, Inc. (D)(G)		235
	111	Graco, Inc. (G)		4,235
	32	Gulf Island Fabrication		1,551
	3	Heico Corp. (G)		97
	11	Hexcel Corp. (D)		203
	7	II-VI, Inc. (D)		231
	217	Jakks Pacific, Inc. (D)		4,741
	85	Lennox International, Inc.		2,467
	16	Lindsay Corp. (G)		1,347
	3	Lufkin Industries, Inc.		243
	9	Marvel Entertainment, Inc. (D)		296
	196	MKS Instruments, Inc. (D)		4,282
	4	NATCO Group, Inc. (D)		203
	31	Nordson Corp.		2,251
	11	Orbital Sciences Corp. (D)		270
	153	Robbins & Myers, Inc.		7,634
	10	Rudolph Technologies, Inc. (D)		81
	217	Steelcase, Inc.		2,172
	1	T-3 Energy Services, Inc. (D)		82
	16	Tessera Technologies, Inc. (D)		260
	13	TransDigm Group, Inc. (D)		433
	133	Varian Semiconductor Equipment Associates, Inc. (D)		4,619
	94	WMS Industries, Inc. (D)		2,818
	9	Woodward Governor Co.		315
				53,686
		Consumer Cyclical — 9.2%
	5	1-800-Flowers.com, Inc. (D)		29
	246	Aeropostale, Inc. (D)(G)		7,714
	173	Applied Industrial Technologies, Inc.		4,181
	16	Ariba, Inc. (D)		228
	130	BJ’s Wholesale Club, Inc. (D)		5,012
	138	Brown Shoe Co., Inc.		1,873
	6	The Buckle, Inc.		258
	8	Cash America International, Inc.		236
	73	CEC Entertainment, Inc. (D)		2,062
	25	Cental Euro Distribution Corp. (D)(G)		1,876
	81	Charlotte Russe Holding, Inc. (D)		1,440
	15	Cheesecake Factory, Inc. (D)		235
	30	Deckers Outdoor Corp. (D)		4,190
	4	EMCOR Group, Inc. (D)		110
	4	ESCO Technologies, Inc. (D)		196
	13	The Finish Line, Inc.		114
	2	Fuel Systems Solutions, Inc. (D)		91
	82	Global Sources Ltd. (D)(G)		1,249
	6	Gymboree Corp. (D)		240
	2	Herman Miller, Inc.		47
	83	Hill-Rom Holdings, Inc. (G)		2,229
	352	Hot Topic, Inc. (D)		1,906
	10	J. Crew Group, Inc. (D)(G)		335
	6	Lululemon Athletica, Inc. (D)		172
	7	McGrath RentCorp		181
	4	Men’s Wearhouse, Inc.		58
	18	Nutri/System, Inc.		255
	256	Owens & Minor, Inc.		11,709
	129	P. F. Chang’s China Bistro, Inc. (D)(G)		2,880
	51	Perini Corp. (D)(G)		1,675
	19	PSS World Medical, Inc. (D)		303
	173	Skechers U.S.A., Inc. Class A (D)		3,426
	6	Sotheby’s Holdings		161
	682	Source Information Management Co. (D)(G)		1,507
	54	Spartan Stores, Inc.		1,230
	89	Tenneco Automotive, Inc. (D)(G)		1,197
	9	True Religion Apparel, Inc. (D)(G)		234
	14	Tween Brands, Inc. (D)		235
	11	VistaPrint Ltd. (D)(G)		291
	48	Walter Industries		5,167
	11	Warnaco Group, Inc. (D)		474
	8	Wolverine World Wide, Inc.		213
	11	Zumiez, Inc. (D)(G)		189
				67,408
		Consumer Staples — 1.3%
	10	Agfeed Industries, Inc. (D)		147
	—	Boston Beer Co., Inc. Class A (D)		—
	8	Cal-Maine Foods, Inc. (G)		256
	7	Chattem, Inc. (D)(G)		436
	224	Darling International, Inc. (D)		3,700
	89	Flowers Foods, Inc.		2,510
	7	Lancaster Colony Corp.		203
	16	Pilgrim’s Pride Corp.		203

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

­ ­  152  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Consumer Staples — (continued)
	3	Ralcorp Holdings, Inc. (D)(G)	$	164
	244	Sally Beauty Co., Inc. (D)(G)		1,578
	13	Vector Group Ltd. (G)		205
				9,402
		Energy — 10.5%
	5	Arena Resources, Inc. (D)		247
	67	ATP Oil & Gas Corp. (D)(G)		2,660
	40	Berry Petroleum Co.		2,361
	4	Bill Barrett Corp. (D)		255
	2	Bois d’Arc Energy, Inc. (D)		47
	57	Cabot Oil & Gas Corp.		3,861
	3	Carrizo Oil & Gas, Inc. (D)		217
	1	Clayton Williams Energy, Inc. (D)		70
	302	Complete Production Services, Inc. (D)(G)		11,006
	100	Comstock Resources, Inc. (D)		8,494
	11	Concho Resources, Inc. (D)		428
	4	Contango Oil & Gas Co. (D)		396
	5	Crosstex Energy, Inc.		177
	41	Dawson Geophysical Co. (D)		2,451
	179	Delek U.S. Holdings, Inc. (G)		1,651
	5	Exco Resources, Inc. (D)		198
	211	Frontier Oil Corp. (G)		5,055
	64	Gran Tierra Energy Corp. (D)		513
	41	Grey Wolf, Inc. (D)(G)		368
	296	Headwaters, Inc. (D)(G)		3,489
	8	Matrix Service Co. (D)		185
	80	McMoRan Exploration Co. (D)		2,192
	4	Penn Virginia Corp.		280
	7	PetroQuest Energy, Inc. (D)		188
	254	Pioneer Drilling Co. (D)		4,778
	2	RPC, Inc.		31
	167	Shengdatech, Inc. (D)(G)		1,659
	138	St. Mary Land & Exploration Co.		8,914
	66	Swift Energy Co. (D)		4,333
	102	Trico Marine Services, Inc.��(D)(G)		3,708
	177	Union Drilling, Inc. (D)		3,835
	310	Vaalco Energy, Inc. (D)		2,627
	6	Warren Resources, Inc. (D)		91
	5	W-H Energy Services (D)		469
	3	Willbros Group, Inc. (D)		112
				77,346
		Finance — 6.4%
	6	Alexander’s, Inc. (D)		1,833
	73	Allied World Assurance Holdings Ltd.		2,888
	350	Amerisafe, Inc. (D)		5,582
	313	Anworth Mortgage Asset Corp. (G)		2,040
	11	Centene Corp. (D)		189
	104	Dollar Financial Corp. (D)(G)		1,564
	7	eHealth, Inc. (D)		126
	4	Equity Lifestyle Properties, Inc.		163
	56	FCStone Group, Inc. (D)		1,570
	132	GFI Group, Inc.		1,186
	4	Greenhill & Co., Inc. (G)		208
	15	Grubb & Ellis Co.		58
	9	HealthExtras, Inc. (D)		263
	1	Heartland Payment Systems, Inc. (G)		32
	19	Inland Real Estate Corp.		275
	14	Interactive Brokers Group (D)		436
	14	Knight Capital Group, Inc. (D)		244
	5	Mercadolibre, Inc. (D)(G)		179
	337	MFA Mortgage Investments, Inc.		2,199
	28	Morningstar, Inc. (D)(G)		2,010
	156	Net 1 UEPS Technologies, Inc. (D)		3,795
	15	optionsXpress Holdings, Inc.		329
	7	Riskmetrics Group, Inc. (D)		132
	12	Signature Bank (D)		316
	173	Solera Holdings, Inc. (D)		4,764
	443	Sunstone Hotel Investors, Inc. (G)		7,360
	194	Waddell and Reed Financial, Inc. Class A		6,788
	3	Washington Real Estate Investment Trust (G)		85
	5	World Acceptance Corp. (D)		184
				46,798
		Health Care — 18.4%
	300	Acadia Pharmaceuticals, Inc. (D)(G)		1,106
	21	Accuray, Inc. (D)(G)		154
	4	Acorda Therapeutics, Inc. (D)		147
	9	Albany Molecular Research, Inc. (D)		114
	4	Alexion Pharmaceuticals, Inc. (D)(G)		282
	673	Alkermes, Inc. (D)(G)		8,324
	17	Alliance Imaging, Inc. (D)		151
	9	Alnylam Pharmaceuticals, Inc. (D)(G)		238
	6	Alpharma, Inc. Class A (D)		140
	248	American Oriental Bioengineering, Inc. (D)(G)		2,447
	12	Angiodynamics, Inc. (D)		159
	395	Applera Corp. — Celera Group (D)		4,486
	565	Arena Pharmaceuticals, Inc. (D)(G)		2,930
	9	ArthroCare Corp. (D)(G)		374
	23	Assisted Living Concepts I-A (D)		126
	104	CONMED Corp. (D)		2,769
	15	Cubist Pharmaceuticals, Inc. (D)		274
	829	CV Therapeutics, Inc. (D)(G)		6,823
	543	Cytokinetics, Inc. (D)		2,016
	31	Enzon, Inc. (D)(G)		219
	15	eResearch Technology, Inc. (D)		260
	321	Exelixis, Inc. (D)(G)		1,603
	3	Haemonetics Corp. (D)		155
	8	Healthways, Inc. (D)		230	��
	493	Human Genome Sciences, Inc. (D)(G)		2,572
	12	Immucor, Inc. (D)		305
	394	Incyte Corp. (D)(G)		2,999
	7	Integra LifeSciences Holdings Corp. (D)(G)		328
	96	InterMune, Inc. (D)(G)		1,262
	505	Invacare Corp. (G)		10,308
	29	Isis Pharmaceuticals, Inc. (D)(G)		402
	80	Kendle International, Inc. (D)(G)		2,913
	12	KV Pharmaceutical Co. (D)(G)		238
	3	Landauer, Inc.		161
	308	LifePoint Hospitals, Inc. (D)(G)		8,714
	147	Longs Drug Stores Corp.		6,186
	147	Mannatech, Inc. (G)		802
	7	Martek Biosciences Corp. (D)		234
	8	Masimo Corp. (D)		272
	150	Medicines Co. (D)		2,964
	16	Medicis Pharmaceutical Corp. Class A (G)		329
	10	Meridian Bioscience, Inc.		257
	14	Merit Medical Systems, Inc. (D)		212
	6	Myriad Genetics, Inc. (D)(G)		286
	25	Nektar Therapeutics (D)		85

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

­ ­  153  ­ ­

Hartford SmallCap Growth HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

				Market
Shares				Value (W)
COMMON STOCK — (continued)
		Health Care — (continued)
	9	Noven Pharmaceuticals, Inc. (D)		$	98
	840	NPS Pharmaceuticals, Inc. (D)(G)			3,738
	175	Nu Skin Enterprises, Inc. Class A			2,605
	158	Obagi Medical Products, Inc. (D)			1,348
	88	Onyx Pharmaceuticals, Inc. (D)(G)			3,110
	8	OSI Pharmaceuticals, Inc. (D)			336
	—	PAREXEL International Corp. (D)			6
	23	PDL Biopharma, Inc.			247
	251	Perrigo Co. (G)			7,977
	14	PharmaNet Development Group, Inc. (D)			215
	13	Pozen, Inc. (D)(G)			139
	80	Progenics Pharmaceuticals, Inc. (D)(G)			1,268
	8	Psychiatric Solutions, Inc. (D)(G)			294
	14	Quidel Corp. (D)			234
	402	Regeneron Pharmaceuticals, Inc. (D)			5,799
	360	Rigel Pharmaceuticals, Inc. (D)(G)			8,167
	333	Salix Pharmaceuticals Ltd. (D)(G)			2,341
	11	Sciele Pharma, Inc. (G)			220
	13	STERIS Corp.			382
	186	Symmetry Medical, Inc. (D)			3,022
	101	Theravance, Inc. (D)(G)			1,202
	6	Thoratec Corp. (D)			112
	4	United Therapeutics Corp. (D)(G)			414
	14	Valeant Pharmaceuticals International (D)(G)			231
	35	Vermillion, Inc. (D)			79
	147	Vertex Pharmaceuticals, Inc. (D)			4,930
	2	Vital Signs, Inc.			90
	41	VIVUS, Inc. (D)(G)			273
	69	Vnus Medical Technologies (D)			1,381
	101	Xenoport, Inc. (D)			3,969
	356	Zymogenetics, Inc. (D)(G)			2,997
					134,580
			��
		Services — 12.8%
	5	Advisory Board Co. (D)			197
	11	Atheros Communications, Inc. (D)			338
	2	Bankrate, Inc. (D)(G)			67
	9	CDI Corp.			216
	24	Central European Media Enterprises Ltd. (D)(G)			2,173
	4	Clean Harbors, Inc. (D)			256
	83	Comsys IT Partners, Inc. (D)			755
	48	Consolidated Graphics, Inc. (D)			2,380
	21	Corinthian Colleges, Inc. (D)			241
	6	Corvel (D)			195
	73	CPI Corp. (G)			1,371
	137	DeVry, Inc.			7,367
	10	Digital River, Inc. (D)			368
	220	Epicor Software Corp. (D)			1,522
	52	Factset Research Systems, Inc. (G)			2,948
	19	Foundry Networks, Inc. (D)			230
	12	Gartner, Inc. Class A (D)			255
	5	Healthcare Services Group, Inc.			78
	206	Healthspring, Inc. (D)			3,471
	204	Hub Group, Inc. (D)			6,947
	161	ICF International, Inc. (D)(G)			2,677
	105	ITT Educational Services, Inc. (D)(G)			8,645
	22	Jack Henry & Associates, Inc.			475
	91	JDA Software Group, Inc. (D)			1,630
	16	Loopnet, Inc. (D)(G)			185
	7	Manhattan Associates, Inc. (D)			157
	91	Mantech International Corp. Class A (D)			4,376
	38	MAXIMUS, Inc. (G)			1,313
	15	Micros Systems (D)			445
	1	Monotype Imaging Holdings, Inc. (D)			11
	5	Navigant Consulting, Inc. (D)			93
	313	Parametric Technology Corp. (D)			5,211
	90	Plexus Corp. (D)			2,487
	16	Premiere Global Services, Inc. (D)			229
	47	Pre-Paid Legal Services, Inc. (D)(G)			1,901
	68	Priceline.com, Inc. (D)(G)			7,897
	101	Radiant Systems, Inc. (D)			1,088
	3	Resources Connection, Inc.			66
	25	Riverbed Technology, Inc. (D)			337
	438	Sapient Corp. (D)			2,812
	30	Secure Computing Corp. (D)			123
	79	Soapstone Networks, Inc. (D)			302
	13	Strayer Education, Inc.			2,697
	92	Sykes Enterprises, Inc. (D)			1,743
	151	Thinkorswim Group, Inc. (D)(G)			1,061
	13	Tyler Corp. (D)			179
	219	Valassis Communications, Inc. (D)(G)			2,738
	9	Waste Connections, Inc. (D)			275
	215	Watson Wyatt Worldwide, Inc. (G)			11,377
					93,905
		Technology — 22.5%
	64	A.O. Smith Corp.			2,104
	11	ACI Worldwide, Inc. (D)(G)			186
	39	Actuate Corp. (D)			153
	229	Acuity Brands, Inc. (G)			10,998
	39	ADC Telecommunications, Inc. (D)			571
	9	ADTRAN, Inc.			215
	235	Advanced Energy Industries, Inc. (D)			3,224
	11	Advent Software, Inc. (D)(G)			396
	14	American Medical Systems Holdings (D)			213
	40	Amkor Technology, Inc. (D)			419
	8	Ansoft Corp. (D)			301
	196	Ansys, Inc. (D)			9,212
	4	Arbitron, Inc.			176
	537	Arris Group, Inc. (D)			4,536
	694	Art Technology Group, Inc. (D)			2,221
	74	Atlantic Tele-Network, Inc.			2,041
	193	Avocent Corp. (D)			3,588
	87	Belden, Inc. (G)			2,931
	204	Benchmark Electronics, Inc. (D)			3,340
	12	Blackbaud, Inc.			257
	6	Blackboard, Inc. (D)(G)			222
	16	Blue Coat Systems, Inc. (D)			225
	260	Brocade Communications Systems, Inc. (D)			2,138
	279	Bruker Corp. (D)			3,582
	321	Centennial Cellular Corp. Class A (D)(G)			2,238
	182	CMGI, Inc. (D)			1,931
	32	CNET Networks, Inc. (D)(G)			363
	10	Cognex Corp.			222
	62	CommScope, Inc. (D)			3,251
	9	Concur Technologies, Inc. (D)			295
	6	CoStar Group, Inc. (D)(G)			271
	243	CSG Systems International, Inc. (D)			2,679
	51	Cubic Corp.			1,138
	18	CyberSource Corp. (D)			308
	6	Dionex Corp. (D)			402

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

­ ­  154  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	24	DivX, Inc. (D)(G)	$	175
	20	Earthlink, Inc. (D)		176
	52	EMS Technologies, Inc. (D)		1,129
	651	Emulex Corp. (D)		7,588
	4	Energy Conversion Devices, Inc. (D)		295
	62	Esterline Technologies Corp. (D)		3,034
	16	Evergreen Solar, Inc. (D)		158
	90	Fossil, Inc. (D)		2,636
	9	GeoEye, Inc. (D)(G)		155
	96	GrafTech International Ltd. (D)		2,583
	5	Hittite Microwave Corp. (D)		160
	4	HMS Holdings Corp. (D)		88
	31	Informatica Corp. (D)		461
	175	Infospace, Inc.		1,458
	272	Integrated Device Technology, Inc. (D)		2,703
	8	Interactive Data Corp.		207
	16	Interdigital, Inc. (D)(G)		387
	12	ION Geophysical Corp. (D)		206
	183	j2 Global Communications, Inc. (D)(G)		4,214
	74	Kenexa Corp. (D)		1,392
	31	Lawson Software, Inc. (D)		222
	19	Micrel, Inc.		170
	13	Microsemi Corp. (D)		322
	22	MicroStrategy, Inc. (D)		1,469
	106	Multi-Fineline Electronix, Inc. (D)(G)		2,911
	160	Netflix, Inc. (D)(G)		4,182
	126	NTELOS Holdings Corp.		3,197
	11	Omniture, Inc. (D)		195
	237	PeopleSupport, Inc. (D)(G)		2,012
	3	Phase Forward, Inc. (D)		60
	6	Phoenix Technologies Ltd. (D)		69
	46	PMC — Sierra, Inc. (D)		349
	14	Polycom, Inc. (D)		339
	8	Progress Software Corp. (D)		201
	92	QLogic Corp. (D)		1,336
	6	Rackable Systems, Inc. (D)		78
	15	RightNow Technologies, Inc. (D)		210
	12	S1 Corp. (D)		88
	16	Semtech Corp. (D)(G)		225
	482	Silicon Image, Inc. (D)		3,494
	9	Sirona Dental Systems, Inc. (D)(G)		220
	936	Skyworks Solutions, Inc. (D)		9,236
	63	Sohu.com, Inc. (D)(G)		4,431
	14	SonicWALL, Inc. (D)		91
	64	Sonus Networks, Inc. (D)(G)		219
	230	Spectrum Brands, Inc. (D)(G)		585
	108	SPSS, Inc. (D)(G)		3,903
	164	Sybase, Inc. (D)(G)		4,825
	6	Syniverse Holdings, Inc. (D)		97
	7	Take-Two Interactive Software, Inc. (D)		168
	80	Teledyne Technologies, Inc. (D)		3,940
	19	TradeStation Group, Inc. (D)		197
	343	Trident Microsystems, Inc. (D)		1,252
	532	TriQuint Semiconductor, Inc. (D)		3,225
	22	Triumph Group, Inc.		1,046
	122	TTM Technologies, Inc. (D)(G)		1,612
	15	TW Telecom, Inc. (D)		246
	298	Ultra Clean Holdings, Inc. (D)		2,374
	5	Ultratech Stepper, Inc. (D)		72
	303	United Online, Inc. (G)		3,037
	111	Valueclick, Inc. (D)		1,685
	5	Varian, Inc. (D)		271
	6	ViaSat, Inc. (D)		125
	471	Virgin Mobile USA, Inc. (D)(G)		1,295
	354	Vishay Intertechnology, Inc. (D)		3,137
	9	Vocus, Inc. (D)		282
	6	Volterra Semiconductor Corp. (D)		97
	15	Websense, Inc. (D)		260
	20	Wind River Systems, Inc. (D)		220
				164,829
		Transportation — 2.2%
	6	Forward Air Corp.		190
	4	Genco Shipping & Trading Ltd.		228
	3	Knight Transportation, Inc.		52
	147	Landstar System, Inc.		8,134
	22	Overseas Shipholding Group, Inc.		1,749
	7	Polaris Industries, Inc. (G)		297
	78	SkyWest, Inc.		991
	4	TBS International Ltd. Class A (D)		178
	40	UAL Corp.		209
	6	Wabtec Corp.		274
	214	Werner Enterprises, Inc. (G)		3,980
				16,282
		Utilities — 0.0%
	7	ITC Holdings Corp.		377
		Total common stock (cost $714,361)	$	714,377
Principal
Amount
SHORT-TERM INVESTMENTS — 26.7%
		Repurchase Agreements — 2.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,532, collateralized by FNMA 5.50%, 2038, value of $3,602)
$	3,531	2.50% dated 06/30/2008	$	3,531
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,814, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $3,890)
	3,814	2.40% dated 06/30/2008		3,814
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $642, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $655)
	642	2.70% dated 06/30/2008		642
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $5,655, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $5,767)
	5,654	2.70% dated 06/30/2008		5,654

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

­ ­  155  ­ ­

Hartford SmallCap Growth HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $159, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $163)
$	159	1.80% dated 06/30/2008			$	159
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $8, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $8)
	8	1.80% dated 06/30/2008				8
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $63, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $64)
	63	1.80% dated 06/30/2008				63
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,614, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $1,647)
	1,614	2.55% dated 06/30/2008				1,614
						15,485
Shares
		Shares Securities Purchased with Proceeds from Security Lending — 24.6%
		Cash Collateral Reinvestment Fund:
	180,029	Goldman Sachs FS Prime Obligation/Institutional Fund				180,029
Principal
Amount
		U.S. Treasury Bills — 0.0%
$	360	1.99%, 09/11/2008 (M)(S)				359
		Total short-term investments (cost $195,873)			$	195,873
		Total investments (cost $910,234) (C)	124.1	%	$	910,250
		Other assets and liabilities	(24.1	)%		(177,008	)
		Total net assets	100.0	%	$	733,242

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 1.07% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $914,329 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	95,441
Unrealized Depreciation		(99,520	)
Net Unrealized Depreciation	$	(4,079	)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008.
	Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
Russell Mini Futures		67		Long		Sep 2008	$	(63	)

	* 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.

­ ­  156  ­ ­

Hartford SmallCap Value HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 95.1%
		Basic Materials — 7.4%
	2	Ampco-Pittsburgh Corp. (G)	$	67
	30	Balchem Corp. (G)		687
	2	Blount International (D)(G)		19
	7	Buckeye Technologies, Inc. (D)(G)		61
	—	Cambrex Corp. (D)(G)		2
	3	Champion Enterprises, Inc. (D)(G)		18
	—	CIRCOR International, Inc. (G)		5
	—	Coeur d’Alene Mines Corp. (D)(G)		1
	3	Crown Media Holdings, Inc. (D)(G)		15
	1	CSS Industries, Inc. (G)		22
	1	Encore Wire Corp.		15
	41	Glatfelter (G)		543
	5	H.B. Fuller Co. (G)		108
	11	Hecla Mining Co. (D)		98
	3	Hercules, Inc. (G)		52
	2	Innophos Holdings, Inc. (G)		54
	1	Kapstone Paper and Packaging (D)		5
	1	L.B. Foster Co. Class A (D)(G)		27
	29	Matthews International Corp. Class A (G)		1,294
	2	Minerals Technologies, Inc. (G)		114
	2	Mueller Industries, Inc. (G)		48
	6	Mueller Water Products, Inc.		45
	1	NCI Building Systems, Inc. (D)		37
	16	Neenah Paper, Inc.		269
	6	Olin Corp. (G)		160
	2	OM Group, Inc. (D)(G)		69
	2	Quanex Building Products Corp. (G)		22
	1	Rock Tenn Co. Class A (G)		36
	2	Rockwood Holdings, Inc. (D)(G)		70
	—	RTI International Metals, Inc. (D)		4
	5	Sensient Technologies Corp. (G)		144
	—	Stepan Co.		9
	2	Stillwater Mining Co. (D)(G)		21
	65	Tempur-Pedic International, Inc. (G)		511
	—	Tredegar Corp. (G)		4
	3	W.R. Grace & Co. (D)(G)		77
	9	Watts Water Technologies, Inc.		219
	6	Worthington Industries, Inc. (G)		131
				5,083
		Capital Goods — 5.9%
	2	Actuant Corp. Class A (G)		75
	5	Blyth, Inc. (G)		55
	1	Briggs & Stratton Corp. (G)		14
	2	Brooks Automation, Inc. (D)(G)		15
	1	Build-A-Bear Workshop, Inc. (D)		7
	6	Callaway Golf Co. (G)		72
	31	Clarcor, Inc. (G)		1,088
	2	Columbus McKinnon Corp. (D)(G)		51
	9	Compass Diversified Holdings (G)		101
	2	Cymer, Inc. (D)(G)		43
	—	Ducommun, Inc. (D)		9
	3	Enpro Industries, Inc. (D)(G)		120
	55	Entegris, Inc. (D)		360
	—	Helen of Troy Ltd. (D)(G)		7
	2	Jakks Pacific, Inc. (D)(G)		44
	19	Lincoln Electric Holdings, Inc.		1,456
	4	MKS Instruments, Inc. (D)(G)		81
	2	Modine Manufacturing Co. (G)		25
	13	RC2 Corp. (D)(G)		228
	3	Robbins & Myers, Inc. (G)		130
	—	Rudolph Technologies, Inc. (D)(G)		2
	2	Tecumseh Products Co. Class A (D)(G)		69
	1	Twin Disc, Inc.		23
				4,075
		Consumer Cyclical — 14.7%
	10	Adaptec, Inc. (D)(G)		32
	7	Alliance One International, Inc. (D)		37
	2	American Axle & Manufacturing Holdings, Inc. (G)		16
	3	Applied Industrial Technologies, Inc. (G)		68
	17	ATC Technology Corp. (D)(G)		372
	19	Blockbuster, Inc. Class A (D)(G)		48
	2	Bob Evans Farms, Inc.		54
	84	Borders Group, Inc.		504
	1	Brunswick Corp.		15
	—	Cache, Inc. (D)(G)		1
	4	Carter’s, Inc. (D)		55
	1	Casey’s General Stores, Inc. (G)		25
	—	Cash America International, Inc. (G)		6
	5	Cato Corp. (G)		67
	1	CBRL Group, Inc. (G)		27
	—	CEC Entertainment, Inc. (D)		3
	3	Charlotte Russe Holding, Inc. (D)		48
	—	Charming Shoppes, Inc. (D)		1
	16	Chemed Corp.		586
	27	Cherokee, Inc. (G)		540
	12	Chico’s FAS, Inc. (D)		62
	10	Children’s Place Retail Stores, Inc. (D)		375
	7	Comfort Systems USA, Inc. (G)		94
	11	Dana Holding Corp. (D)		56
	3	Domino’s Pizza, Inc. (D)(G)		30
	8	Dress Barn, Inc. (D)(G)		107
	1	Dycom Industries, Inc. (D)		10
	5	EMCOR Group, Inc. (D)		148
	1	Ethan Allen Interiors, Inc. (G)		30
	2	Furniture Brands International, Inc. (G)		23
	4	Granite Construction, Inc. (G)		120
	16	Group 1 Automotive, Inc.		322
	4	Hayes Lemmerz International (D)		10
	2	Hooker Furniture Corp. (G)		33
	3	Hot Topic, Inc. (D)(G)		17
	1	Hovnanian Enterprises Class A (D)(G)		8
	26	Huttig Building Products, Inc. (D)		47
	13	ICU Medical, Inc. (D)		300
	4	IKON Office Solutions, Inc.		46
	4	Insight Enterprises, Inc. (D)		41
	1	Interline Brands, Inc. (D)(G)		11
	4	Jack in the Box, Inc. (D)(G)		90
	4	Jo-Ann Stores, Inc. (D)(G)		83
	—	JOS A. Bank Clothiers, Inc. (D)		11
	6	Lear Corp. (D)(G)		79
	1	Maidenform Brands, Inc. (D)(G)		12
	49	McGrath RentCorp (G)		1,193
	3	Nash Finch Co. (G)		99
	7	New York & Co., Inc. (D)		67
	3	O’ Charley’s, Inc. (G)		29
	28	Owens & Minor, Inc. (G)		1,247
	—	Oxford Industries (G)		6
	16	Papa John’s International, Inc. (D)(G)		428

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

­ ­  157  ­ ­

Hartford SmallCap Value HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Consumer Cyclical — (continued)
	1	Pep Boys-Manny Moe & Jack	$	4
	1	Perini Corp. (D)		17
	1	Pier 1 Imports, Inc. (D)(G)		4
	5	Retail Ventures I (D)		23
	—	Ruddick Corp.		14
	3	Ryland Group, Inc.		65
	1	Scansource, Inc. (D)(G)		13
	15	School Specialty, Inc. (D)(G)		446
	1	Shoe Carnival, Inc. (D)		16
	1	Skechers U.S.A., Inc. Class A (D)		28
	—	Superior Industries International (G)		5
	2	Systemax, Inc. (G)		28
	3	Tenneco Automotive, Inc. (D)		42
	5	Timberland Co. Class A (D)		74
	10	United Stationers, Inc. (D)(G)		362
	1	Village Super Market, Inc. (G)		39
	29	Visteon Corp. (D)(G)		76
	14	Volcom, Inc. (D)		335
	1	Weyco Group, Inc. (G)		13
	3	Winn-Dixie Stores, Inc. (D)		42
	33	World Fuel Services Corp. (G)		720
				10,105
		Consumer Staples — 3.0%
	3	Cal-Maine Foods, Inc. (G)		82
	20	Chattem, Inc. (D)(G)		1,275
	17	J&J Snack Foods Corp. (G)		458
	3	Ralcorp Holdings, Inc. (D)(G)		129
	—	TreeHouse Foods, Inc. (D)(G)		10
	2	Universal Corp. (G)		72
				2,026
		Energy — 6.9%
	1	Berry Petroleum Co. (G)		53
	1	Bill Barrett Corp. (D)(G)		71
	2	Callon Petroleum Corp. (D)(G)		44
	1	Complete Production Services, Inc. (D)		40
	30	Crosstex Energy, Inc. (G)		1,050
	—	Dawson Geophysical Co. (D)(G)		6
	1	Energysouth, Inc. (G)		49
	1	Exco Resources, Inc. (D)(G)		30
	2	Harvest Natural Resources, Inc. (D)(G)		20
	3	Laclede Group, Inc. (G)		105
	8	Meridian Resource Corp. (D)		24
	10	New Jersey Resources Corp.		323
	3	Newpark Resources, Inc. (D)(G)		24
	1	Nicor, Inc. (G)		38
	3	Northwest Natural Gas Co. (G)		143
	5	Oceaneering International, Inc. (D)		347
	5	Oilsands Quest, Inc. (D)(G)		32
	—	Pioneer Drilling Co. (D)		4
	14	Quicksilver Resources, Inc. (D)		522
	6	Rosetta Resources, Inc. (D)(G)		157
	1	Southwest Gas Corp.		36
	3	Stone Energy Corp. (D)		171
	1	Swift Energy Co. (D)(G)		59
	3	Trico Marine Services, Inc. (D)(G)		106
	—	Union Drilling, Inc. (D)(G)		2
	—	Vaalco Energy, Inc. (D)(G)		1
	38	WD40 Co. (G)		1,106
	4	WGL Holdings, Inc. (G)		136
				4,699
		Finance — 21.1%
	10	Advance America Cash Advance Centers, Inc. (G)		49
	—	AMCORE Financial, Inc. (G)		—
	1	Amerco (D)		29
	11	American Equity Investment Life Holding Co. (G)		87
	2	American Physicians Capital, Inc. (G)		73
	3	Amerigroup Corp. (D)(G)		60
	2	Amtrust Financial Services (G)		29
	9	Anthracite Capital, Inc. (G)		62
	10	Anworth Mortgage Asset Corp.		66
	3	Apollo Investment Corp. (G)		42
	1	Arbor Realty Trust (G)		10
	107	Ares Capital Corp. (G)		1,074
	1	Argo Group International Holdings Ltd. (D)		21
	10	Ashford Hospitality (G)		45
	7	Aspen Insurance Holdings Ltd. (G)		166
	1	Associated Estates Realty		13
	1	Assured Guaranty Ltd. (G)		11
	6	Banco Latinoamericano de Exportaciones S.A. ADR Class E (G)		102
	2	Bankfinancial Corp. (G)		25
	6	Beneficial Mutual Bancorp, Inc. (D)(G)		63
	1	Berkshire Hills Bancorp, Inc. (G)		33
	1	BGC Partners, Inc. (D)		11
	53	Boston Private Financial Holdings, Inc.		298
	1	Calamos Asset Management, Inc. (G)		9
	2	Capital Trust, Inc. (G)		44
	6	CapLease, Inc. (G)		46
	9	Castlepoint Holdings Ltd.		78
	71	Cathay General Bancorp (G)		762
	6	Cedar Shopping Court (G)		67
	4	Centene Corp. (D)(G)		59
	2	Central Pacific Financial Corp. (G)		22
	1	Chemical Financial Corp. (G)		24
	—	Chimera Investment Corp. (G)		3
	10	Citizens Republic Bancorp, Inc. (G)		29
	—	City Holding Co.		4
	54	Colonial BancGroup, Inc.		237
	1	Community Trust Bancorp, Inc. (G)		13
	1	CompuCredit Corp. (D)(G)		4
	1	Corus Bankshares, Inc. (G)		4
	49	CVB Financial Corp.		463
	15	DCT Industrial Trust, Inc. (G)		125
	6	Diamondrock Hospitality (G)		69
	1	Dime Community Bancshares (G)		16
	3	East-West Bancorp, Inc.		21
	3	Education Realty Trust, Inc. (G)		33
	—	Employers Holdings, Inc. (G)		4
	1	Encore Capital Group, Inc. (D)(G)		12
	24	Entertainment Properties Trust (G)		1,196
	2	FBL Financial Group Class A (G)		42
	1	Federal Agricultural Mortgage Corp. (G)		15
	23	Financial Federal Corp. (G)		505
	1	First BanCorp Puerto Rico (G)		7
	—	First Community Bancshares (G)		8

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

­ ­  158  ­ ­

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Finance — (continued)
	5	First Financial Northwest	$	45
	3	First Industrial Realty Trust, Inc. (G)		93
	3	First Merchants Corp. (G)		54
	1	First Mercury Financial Corp. (D)(G)		18
	2	First Midwest Bancorp, Inc. (G)		28
	10	First Niagara Financial Group, Inc. (G)		122
	4	First Place Financial Corp. (G)		33
	2	First Potomac Realty Trust (G)		26
	1	FirstMerit Corp.		11
	6	Flagstone Reinsurance Holdings (G)		72
	9	FNB Corp. (G)		105
	1	Fox Chase Bancorp, Inc. (D)		6
	20	Friedman Billings Ramsey Group, Inc. (G)		30
	4	FX Real Estate & Entertainment (D)(G)		7
	4	Getty Realty Corp.		56
	5	Glimcher Realty Trust		54
	2	Global Cash Access, Inc. (D)		12
	4	Gramercy Capital Corp. (G)		46
	1	Green Bankshares, Inc. (G)		15
	3	Greenlight Capital Re Ltd. Class A (D)		73
	10	Guaranty Bancorp (D)(G)		35
	5	Hallmark Financial Services, Inc. (D)		44
	4	Hanmi Financial Corp.		18
	—	Heartland Financial		7
	12	Hersha Hospitality Trust (G)		88
	1	Hilltop Holdings, Inc. (D)(G)		10
	3	Horace Mann Educators Corp. (G)		35
	2	IndyMac Bancorp, Inc.		1
	9	Infinity Property & Casualty Corp.		374
	22	International Bancshares Corp. (G)		455
	6	IPC Holdings Ltd. (G)		151
	3	Kearny Financial Corp. (G)		31
	1	Knight Capital Group, Inc. (D)(G)		25
	3	Knology, Inc. (D)(G)		33
	9	LaBranche & Co., Inc. (D)(G)		62
	2	Lakeland Bancorp, Inc. (G)		28
	5	LaSalle Hotel Properties (G)		118
	9	Lexington Realty Trust (G)		116
	2	MainSource Financial Group, Inc. (G)		34
	107	MCG Capital Corp. (G)		423
	10	Medical Properties Trust, Inc. (G)		103
	9	MFA Mortgage Investments, Inc. (G)		61
	3	Molina Healthcare, Inc. (D)(G)		68
	7	Montpelier Re Holdings Ltd. (G)		96
	3	N B T Bancorp (G)		54
	37	National Financial Partners Corp. (G)		741
	1	National Health Investors, Inc. (G)		26
	2	Navigators Group, Inc. (D)(G)		119
	1	Newcastle Investment Corp. (G)		10
	6	Newstar Financial, Inc. (D)(G)		35
	6	NGP Capital Resources Co. (G)		91
	4	Northstar Realty Finance Corp. (G)		31
	8	Old National Bankcorp (G)		114
	6	Oriental Financial Group, Inc.		78
	6	Pacific Capital Bancorp (G)		77
	1	Park National Corp. (G)		38
	5	Penn Real Estate Investment Trust (G)		116
	2	Peoples Bancorp, Inc. (G)		38
	5	Phoenix Cos. (G)		39
	2	Platinum Underwriters Holdings Ltd. (G)		68
	10	PMA Capital Corp. Class A (D)(G)		94
	20	Primus Guaranty Ltd. (D)		58
	1	Provident Bankshares Corp. (G)		8
	8	Provident Financial Services, Inc. (G)		115
	14	RAIT Financial Trust (G)		102
	—	Realty Income Corp. (G)		9
	—	Renasant Corp. (G)		4
	7	Rent-A-Center, Inc. (D)(G)		146
	1	Republic Bancorp, Inc.		12
	11	Resource Capital Corp. (G)		81
	2	Rockville Financial, Inc. (G)		19
	—	SCBT Financial Corp. (G)		9
	3	Seabright Insurance Holdings (D)(G)		46
	30	Selective Insurance Group		553
	2	Senior Housing Properties Trust		35
	3	Simmons First National Corp. (G)		95
	18	Solera Holdings, Inc. (D)		484
	5	South Financial Group, Inc. (G)		18
	4	Sterling Bancshares, Inc. (G)		40
	10	Strategic Hotels & Resorts, Inc. (G)		91
	2	Suffolk Bancorp (G)		65
	8	Sunstone Hotel Investors, Inc. (G)		124
	6	Susquehanna Bancshares, Inc. (G)		88
	4	Symmetricom, Inc. (D)(G)		15
	46	Trustco Bank Corp.		341
	6	Trustmark Corp. (G)		113
	2	UMB Financial Corp. (G)		77
	4	United Bankshares, Inc. (G)		83
	2	United Community Banks		20
	4	United Community Financial (G)		13
	216	W Holding Co., Inc.		184
	3	WesBanco, Inc. (G)		55
	—	Westwood Holdings Group, Inc.		4
	1	Wilshire Bancorp, Inc. (G)		7
	—	Wintrust Financial Corp. (G)		5
				14,500
		Health Care — 4.9%
	20	Advanced Medical Optics, Inc. (D)		365
	2	Affymetrix, Inc. (D)		21
	3	Albany Molecular Research, Inc. (D)(G)		41
	3	Alliance Imaging, Inc. (D)(G)		27
	1	Alpharma, Inc. Class A (D)(G)		20
	1	AmSurg Corp. (D)(G)		12
	1	Angiodynamics, Inc. (D)(G)		15
	5	Apria Healthcare Group, Inc. (D)(G)		87
	4	CONMED Corp. (D)(G)		93
	9	Cooper Co., Inc.		316
	14	Emergency Medical Services (D)		317
	3	Emergent Biosolutions, Inc. (D)		31
	—	Five Star Quality Care, Inc. (D)		—
	—	HealthSouth Corp.��(D)(G)		3
	2	Invacare Corp. (G)		33
	1	Kindred Healthcare, Inc. (D)		29
	16	Landauer, Inc. (G)		911
	1	Longs Drug Stores Corp.		59
	13	Magellan Health Services, Inc. (D)		463
	—	PharMerica Corp. (D)		5
	4	Prestige Brands Holdings, Inc. (D)(G)		40
	7	Rehabcare Group, Inc. (D)		107

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

­ ­  159  ­ ­

Hartford SmallCap Value HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — (continued)
		Health Care — (continued)
	—	Sciele Pharma, Inc. (G)	$	4
	17	Young Innovations, Inc. (G)		346
				3,345
		Services — 13.9%
	3	A.H. Belo Corp. — Class A (G)		16
	54	ABM Industries, Inc. (G)		1,190
	5	American Greetings Corp. Class A (G)		62
	23	AMN Healthcare Services, Inc. (D)		389
	25	Avid Technology, Inc. (D)		425
	1	Belo Corp. Class A		4
	1	Bowne & Co., Inc. (G)		17
	—	Brady Corp. Class A		7
	10	CACI International, Inc. Class A (D)(G)		471
	—	CDI Corp.		5
	4	Central European Media Enterprises Ltd. (D)		349
	4	CIBER, Inc. (D)(G)		27
	18	Computer Services, Inc.		581
	1	Consolidated Graphics, Inc. (D)(G)		30
	1	Cox Radio, Inc. Class A (D)(G)		7
	1	First Advantage Corp. (D)(G)		10
	3	Foundry Networks, Inc. (D)(G)		39
	9	G & K Services, Inc. Class A (G)		277
	—	Great Wolf Resorts, Inc. (D)(G)		1
	2	Healthspring, Inc. (D)(G)		39
	4	Hudson Highland Group, Inc. (D)		45
	4	Idearc, Inc.		9
	3	Jackson Hewitt Tax Service, Inc.		33
	3	JDA Software Group, Inc. (D)		54
	2	Journal Communications, Inc. (G)		10
	6	Kelly Services, Inc.		106
	1	MAXIMUS, Inc.		31
	7	Mediacom Communications Corp. (D)(G)		35
	2	Monotype Imaging Holdings, Inc. (D)(G)		28
	9	MPS Group, Inc. (D)		94
	37	Navigant Consulting, Inc. (D)		724
	1	On Assignment, Inc. (D)		7
	5	OpenTV Corp. (D)		6
	3	Pacer International, Inc. (G)		73
	1	Parametric Technology Corp. (D)		8
	3	Perot Systems Corp. Class A (D)(G)		48
	16	Plexus Corp. (D)(G)		465
	7	Premiere Global Services, Inc. (D)(G)		95
	4	Regis Corp.		98
	19	Resources Connection, Inc.		387
	4	Scholastic Corp. (D)(G)		115
	11	Spherion Corp. (D)(G)		49
	1	Standard Parking Corp. (D)(G)		25
	6	Stewart Enterprises, Inc. (G)		46
	45	Syntel, Inc. (G)		1,504
	24	TETRA Technologies, Inc. (D)		557
	10	Unifirst Corp. (G)		424
	71	Unisys Corp. (D)		280
	3	Viad Corp.		64
	—	Volt Information Sciences, Inc. (D)(G)		4
	3	Waste Services, Inc. (D)		23
	2	Watson Wyatt Worldwide, Inc. (G)		106
				9,499
		Technology — 10.9%
	1	A.O. Smith Corp. (G)		30
	3	Actel Corp. (D)(G)		49
	2	Acuity Brands, Inc. (G)		91
	—	Alaska Communication Systems Holdings, Inc. (G)		2
	41	American Reprographics Co. LLC (D)(G)		686
	9	AMETEK, Inc.		416
	10	Amkor Technology, Inc. (D)		105
	—	Anaren Microwave, Inc. (D)		3
	—	Arfon, Inc. (D)		10
	3	Avocent Corp. (D)(G)		47
	8	Benchmark Electronics, Inc. (D)		127
	4	Bio-Rad Laboratories, Inc. Class A (D)		324
	2	Centennial Cellular Corp. Class A (D)		11
	2	Checkpoint Systems, Inc. (D)(G)		44
	32	Cincinnati Bell, Inc. (D)(G)		127
	1	CMGI, Inc. (D)(G)		11
	19	Coherent, Inc. (D)		556
	3	CSG Systems International, Inc. (D)(G)		36
	4	CTS Corp. (G)		36
	2	Cubic Corp. (G)		49
	—	Datascope Corp.		9
	2	Deluxe Corp. (G)		39
	1	DG Fastchannel, Inc. (D)(G)		22
	—	Digi International, Inc. (D)(G)		1
	—	Eagle Test Systems, Inc. (D)		1
	32	Electronics for Imaging, Inc. (D)		460
	1	EMS Technologies, Inc. (D)		22
	6	Emulex Corp. (D)(G)		69
	—	Esterline Technologies Corp. (D)		5
	8	Extreme Networks, Inc. (D)(G)		22
	1	Fair Isaac, Inc.		10
	44	General Communication, Inc. Class A (D)		302
	3	GeoEye, Inc. (D)(G)		58
	1	Global Crossing Ltd. (D)(G)		23
	4	GrafTech International Ltd. (D)(G)		102
	—	Greatbatch, Inc. (D)(G)		3
	—	ICO Global Communications Holdings Ltd. (D)(G)		1
	4	Interactive Data Corp. (G)		108
	1	Internap Network Services Corp. (D)		6
	2	Interwoven, Inc. (D)		23
	14	iPCS, Inc. (D)(G)		400
	1	IXYS Corp. (D)		14
	25	Jabil Circuit, Inc.		417
	1	LTX Corp. (D)		1
	6	Lydall, Inc. (D)		77
	1	Measurement Specialties, Inc. (D)(G)		19
	8	Methode Electronics, Inc. (G)		81
	1	Movado Group (G)		12
	37	MSC.Software Corp. (D)		406
	—	Multi-Fineline Electronix, Inc. (D)(G)		8
	5	OmniVision Technologies, Inc. (D)(G)		60
	5	Palm, Inc. (G)		24
	2	Park Electrochemical Corp. (G)		36
	4	PeopleSupport, Inc. (D)		35
	4	Plantronics, Inc. (G)		85
	—	Polycom, Inc. (D)		5
	2	Progress Software Corp. (D)		44
	13	Quantum Corp. (D)(G)		17
	3	Rackable Systems, Inc. (D)		35

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

­ ­  160  ­ ­

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	5	RCN Corp. (D)(G)			$	51
	1	Regal-Beloit Corp. (G)				38
	4	RF Micro Devices, Inc. (D)(G)				13
	1	Rogers Corp. (D)				53
	6	S1 Corp. (D)				42
	41	Sanmina-Sci Corp. (D)				52
	23	Schwak, Inc.				270
	24	Silicon Storage Technology, Inc. (D)(G)				66
	3	Skyworks Solutions, Inc. (D)(G)				32
	7	SonicWALL, Inc. (D)(G)				46
	18	Spansion, Inc. (D)(G)				39
	—	Standard Microsystems Corp. (D)(G)				3
	2	Stoneridge, Inc. (D)(G)				39
	4	Sybase, Inc. (D)(G)				106
	13	Sycamore Networks, Inc. (D)(G)				40
	3	Syniverse Holdings, Inc. (D)(G)				45
	5	Technitrol, Inc. (G)				76
	1	Tekelec (D)				13
	9	Tibco Software, Inc. (D)(G)				72
	9	TriQuint Semiconductor, Inc. (D)(G)				56
	4	TTM Technologies, Inc. (D)				48
	8	United Online, Inc. (G)				81
	27	VeriFone Holdings, Inc. (D)				323
	3	Vignette Corp. (D)(G)				34
	3	Zoran Corp. (D)(G)				39
						7,499
		Transportation — 4.7%
	2	Alaska Air Group, Inc. (D)(G)				32
	3	Arkansas Best Corp. (G)				125
	2	Atlas Air Worldwide Holdings, Inc. (D)(G)				79
	15	Forward Air Corp.				512
	—	Freighter America, Inc. (G)				7
	1	Gulfmark Offshore, Inc. (D)(G)				76
	5	Heartland Express, Inc. (G)				69
	2	Hornbeck Offshore Services, Inc. (D)(G)				96
	7	JetBlue Airways Corp. (D)				26
	30	Landstar System, Inc. (G)				1,646
	—	PHI, Inc. (D)(G)				16
	2	Polaris Industries, Inc. (G)				97
	6	Republic Airways Holdings, Inc. (D)(G)				48
	4	SkyWest, Inc.				52
	10	Thor Industries, Inc.				202
	—	UAL Corp.				—
	4	US Airways Group, Inc. (D)				9
	3	Wabash National Corp. (G)				21
	5	Werner Enterprises, Inc. (G)				85
			��			3,198
		Utilities — 1.7%
	—	Allete, Inc.				17
	12	Aquila, Inc. (D)(G)				46
	6	Avista Corp. (G)				124
	1	CH Energy Group (G)				18
	1	Cleco Corp.				28
	6	El Paso Electric Co. (D)(G)				123
	4	IDACORP, Inc. (G)				107
	29	Pike Electric Corp. (D)(G)				477
	—	Portland General Electric Co. (G)				9
	1	UniSource Energy Corp. (G)				40
	8	Westar Energy, Inc. (G)				172
						1,161
		Total common stock (cost $76,363)			$	65,190
PREFERRED STOCK — 0.3%
		Finance — 0.3%
	—	East West Bancorp, Inc. (H)(X)			$	213
		Total preferred stock (cost $302)			$	213
		Total long-term investments (cost $76,665)			$	65,403
Principal
Amount
SHORT-TERM INVESTMENTS — 35.2%
		Finance — 1.6%
		General Electric Commercial Paper
$	1,121	1.85%, 07/01/2008			$	1,121
Shares
		Investment Pools and Funds — 3.9%
	936	Federated Investors Prime Obligations Fund				936
	1,712	State Street Bank Money Market Fund				1,712
						2,648
		Securities Purchased with Proceeds from Security Lending — 29.7%
		Cash Collateral Reinvestment Fund:
	20,367	Navigator Prime Portfolio				20,367
		Total short-term investments (cost $24,136)			$	24,136
		Total investments (cost $100,801) (C)	130.6	%	$	89,539
		Other assets and liabilities	(30.6	)%		(20,959	)
		Total net assets	100.0	%	$	68,580

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 0.20% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $100,903 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	5,810
Unrealized Depreciation		(17,174	)
Net Unrealized Depreciation	$	(11,364	)

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

­ ­  161  ­ ­

Hartford SmallCap Value HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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
04/2008		—	East West Bancorp, Inc.	$	302

The aggregate value of these securities at June 30, 2008 was $213 which represents 0.31% of total net assets.

Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
Russell Mini Futures		13		Long		Sep 2008	$	(35	)

	* The number of contracts does not omit 000’s. Cash of $59 was pledged as initial margin deposit for open futures contracts at June 30,2008.
(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  ­ ­

Hartford Stock HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.3%
		Basic Materials — 4.8%
	1,308	Alcoa, Inc.	$	46,573
	318	ArcelorMittal ADR (G)		31,514
	779	Cameco Corp.		33,400
	300	Freeport-McMoRan Copper & Gold, Inc.		35,145
	921	International Paper Co.		21,467
				168,099
		Consumer Cyclical — 8.6%
	10,986	Buck Holdings L.P. (A)(D)(H)		9,887
	4,348	Ford Motor Co. (D)		20,913
	660	Honda Motor Co., Ltd. (G)		22,520
	1,580	Kohl’s Corp. (D)		63,275
	1,960	Lowe’s Co., Inc.		40,663
	284	Nordstrom, Inc. (G)		8,605
	103	Reliance Industries GDR (I)		9,986
	1,053	Safeway, Inc.		30,060
	2,015	Staples, Inc.		47,847
	862	Supervalu, Inc.		26,623
	456	Wal-Mart Stores, Inc.		25,611
				305,990
		Consumer Staples — 2.6%
	43	Bunge Ltd. Finance Corp. (G)		4,674
	5	Japan Tobacco, Inc.		20,586
	690	PepsiCo, Inc.		43,903
	393	Procter & Gamble Co.		23,910
				93,073
		Energy — 11.1%
	209	Canadian Natural Resources Ltd.		20,952
	781	Chesapeake Energy Corp. (G)		51,541
	188	EnCana Corp.		17,095
	1,049	Exxon Mobil Corp.		92,457
	641	Hess Corp.		80,825
	1,123	Marathon Oil Corp.		58,266
	1,248	OAO Gazprom Class S ADR		72,398
				393,534
		Finance — 18.3%
	1,386	American International Group, Inc.		36,683
	1,481	Bank of America Corp.		35,362
	1,297	Capital One Financial Corp. (G)		49,280
	1,770	Citigroup, Inc.		29,663
	2,247	Discover Financial Services, Inc.		29,597
	1,408	Federal Home Loan Mortgage Corp.		23,096
	1,449	Federal National Mortgage Association		28,276
	353	Goldman Sachs Group, Inc.		61,670
	2,411	Invesco Ltd.		57,825
	249	Julius Baer Holding Ltd.		16,685
	1,549	Lehman Brothers Holdings, Inc. (G)		30,694
	4,780	Sovereign Bancorp, Inc. (G)		35,180
	425	State Street Corp.		27,177
	87	UBS AG (D)		1,804
	1,731	UBS AG ADR (D)		35,771
	2,277	UnitedHealth Group, Inc.		59,761
	969	Wachovia Corp. (G)		15,045
	3,768	Washington Mutual, Inc. (G)		18,578
	3,669	Washington Mutual, Inc. with Warrants (A)(H)		16,277
	1,664	Western Union Co.		41,126
				649,550
		Health Care — 16.2%
	429	Astellas Pharma, Inc.		18,260
	426	AstraZeneca plc		18,133
	623	Daiichi Sankyo Co., Ltd.		17,152
	487	Eisai Co., Ltd. (G)		17,203
	2,036	Elan Corp. plc ADR (D)		72,366
	1,158	Eli Lilly & Co.		53,444
	483	Genentech, Inc. (D)		36,675
	1,226	Medtronic, Inc.		63,425
	409	Sanofi-Aventis S.A. ADR		13,588
	3,181	Schering-Plough Corp.		62,628
	2,352	Shionogi & Co., Ltd.		46,569
	413	UCB S.A. (G)		15,240
	644	Vertex Pharmaceuticals, Inc. (D)		21,541
	845	Walgreen Co.		27,464
	1,907	Wyeth		91,479
				575,167
		Services — 11.0%
	462	Accenture Ltd. Class A		18,817
	4,647	Comcast Corp. Class A (G)		88,161
	538	FedEx Corp.		42,373
	724	Monster Worldwide, Inc. (D)		14,922
	4,363	Time Warner, Inc.		64,578
	981	United Parcel Service, Inc. Class B		60,327
	1,085	Viacom, Inc. Class B (D)		33,136
	1,183	Waste Management, Inc.		44,622
	3,022	XM Satellite Radio Holdings, Inc. Class A (D)(G)		23,693
				390,629
		Technology — 25.2%
	2,982	Applied Materials, Inc.		56,932
	366	Canon, Inc. (G)		18,830
	3,872	Cisco Systems, Inc. (D)		90,072
	834	Electronic Arts, Inc. (D)		37,037
	2,638	Flextronics International Ltd. (D)		24,799
	4,599	General Electric Co.		122,747
	77	Google, Inc. (D)		40,485
	1,938	Infineon Technologies AG (D)(G)		16,530
	3,272	Intel Corp.		70,289
	664	Lam Research Corp. (D)		24,000
	375	Lockheed Martin Corp.		36,978
	2,916	Maxim Integrated Products, Inc.		61,667
	1,900	MetroPCS Communications, Inc. (D)(G)		33,647
	3,844	Microsoft Corp.		105,751
	2,159	NetApp, Inc. (D)		46,768
	541	Nokia Corp.		13,242
	33	Nortel Networks Corp. (D)		276
	1,324	Qualcomm, Inc.		58,750
	173	Siemens AG ADR		19,053
	714	Yahoo!, Inc. (D)		14,753
				892,606
		Transportation — 0.7%
	4,344	Delta Air Lines, Inc. (D)(G)		24,758
		Utilities — 0.8%
	706	Suntech Power Holdings Co., Ltd. ADR (D)		26,462
		Total common stock (cost $4,116,344)	$	3,519,868

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

­ ­  163  ­ ­

Hartford Stock HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — 6.6%
		Repurchase Agreements — 0.3%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,448, collateralized by FNMA 5.50%, 2038, value of $2,497)
$	2,448	2.50% dated 06/30/2008			$	2,448
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,644, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $2,697)
	2,644	2.40% dated 06/30/2008				2,644
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $445, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $454)
	445	2.70% dated 06/30/2008				445
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,920, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $3,998)
	3,919	2.70% dated 06/30/2008				3,919
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $5, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $5)
	5	1.80% dated 06/30/2008				5
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,119, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $1,141)
	1,119	2.55% dated 06/30/2008				1,119
						10,580
Shares
		Securities Purchased with Proceeds from Security Lending — 6.3%
		Cash Collateral Reinvestment Fund:
	221,756	Navigator Prime Portfolio				221,756
		Total short-term investments (cost $232,336)			$	232,336
		Total investments (cost $4,348,680) (C)	105.9	%	$	3,752,204
		Other assets and liabilities	(5.9	)%		(208,208	)
		Total net assets	100.0	%	$	3,543,996

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 16.81% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $4,389,298 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	152,902
Unrealized Depreciation		(789,996	)
Net Unrealized Depreciation	$	(637,094	)

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $26,164, which represents 0.74% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $9,986, which represents 0.28% of total net assets.
(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		10,986	Buck Holdings L.P.	$	10,997
04/2008		3,669	Washington Mutual, Inc. with Warrants		32,100

The aggregate value of these securities at June 30, 2008 was $26,164 which represents 0.74% of total net assets.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Euro (Sell)	$	249,418	$	245,475		09/03/08	$	(3,943	)
Japanese Yen (Sell)		5,355		5,396		07/03/08		41
							$	(3,902	)

(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.

­ ­  164  ­ ­

Hartford Total Return Bond HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 13.7%
		Finance — 13.7%
		ACT Depositor Corp.
$	9,450	5.40%, 09/22/2041 (H)(L)	$	4,252
		Banc of America Commercial Mortgage, Inc.
	83,058	4.52%, 09/11/2036 (H)►		1,683
		Banc of America Securities Automotive Trust
	5,880	4.49%, 02/18/2013 (H)		5,884
		Bayview Commercial Asset Trust
	47,919	7.00%, 07/25/2037 (H)►		4,984
	78,792	7.50%, 09/25/2037 (H)►		9,455
		Bayview Financial Acquisition Trust
	4,430	4.13%, 05/28/2037 (H)(L)		1,551
		Bear Stearns Commercial Mortgage Securities, Inc.
	69,427	4.07%, 07/11/2042 (H)►		1,634
	54,131	4.12%, 11/11/2041 (H)►		1,133
	9,595	5.33%, 02/11/2044		8,875
	126,624	5.50%, 02/11/2041 (H)►		1,766
	10,765	5.74%, 09/11/2042 (L)		10,175
		CBA Commercial Small Balance Commercial Mortgage Class X1
	73,214	7.00%, 06/25/2038 (A)(H)►		5,331
		CBA Commercial Small Balance Commercial Mortgage Class X2
	46,511	7.00%, 07/25/2035 (A)(H)►		2,696
		Citigroup Commercial Mortgage Trust
	10,145	5.41%, 10/15/2049		9,747
	13,600	5.89%, 12/10/2049 (L)		12,924
	16,300	5.92%, 03/15/2049 (L)		15,900
		Citigroup Mortgage Loan Trust, Inc.
	—	0.00%, 01/25/2037 (H)		—
	37,386	5.91%, 07/25/2037 (L)		35,868
	11,375	6.30%, 12/10/2049 (L)		11,298
	1,387	12.00%, 01/25/2037 (H)		2,070
		Citigroup/Deutsche Bank Commercial Mortgage Trust
	11,390	5.32%, 12/11/2049		10,529
		Countrywide Asset-Backed Certificates
	1,630	5.46%, 07/25/2035		1,213
		Countrywide Home Loans, Inc.
	41,362	6.00%, 10/25/2037		39,656
		Credit Suisse Mortgage Capital Certificates
	11,500	5.45%, 01/15/2049		11,271
		Credit-Based Asset Servicing and Securitization
	3,268	2.75%, 05/25/2036 (H)(L)		2,593
	4,735	5.86%, 04/25/2037		3,466
		CS First Boston Mortgage Securities Corp.
	1,835	4.51%, 07/15/2037		1,817
		CW Capital Cobalt Ltd.
	5,640	5.48%, 04/15/2047		5,247
		DB Master Finance LLC
	12,470	5.78%, 06/20/2031 (I)		11,474
		First Horizon Mortgage Pass-Through Trust
	54,946	5.84%, 05/25/2037 (H)(L)		52,642
		Ford Credit Floorplan Master Owner Trust
	9,400	2.65%, 06/15/2011 (L)		9,192
		GE Business Loan Trust
	8,927	3.47%, 05/15/2034 (I)(L)		5,299
	285,821	6.14%, 05/15/2034 (H)►		2,064
		GMAC Commercial Mortgage Securities, Inc.
	12,000	4.86%, 12/10/2041		11,419
		Goldman Sachs Mortgage Securities Corp. II
	153,731	4.38%, 08/10/2038 (H)►		1,043
		Green Tree Financial Corp.
	1,306	7.24%, 06/15/2028		1,304
		Greenwich Capital Commercial Funding Corp.
	20,500	5.74%, 12/10/2049 (L)		19,378
	14,160	6.11%, 07/10/2038 (L)		13,968
		GS Mortgage Securities Corp. II
	24,590	5.99%, 08/10/2045 (L)		23,513
		JP Morgan Automotive Receivable Trust
	1,675	12.85%, 03/15/2012 (A)(H)		914
		JP Morgan Chase Commercial Mortgage Security Corp.
	607,359	4.82%, 08/12/2037 (H)►		1,736
	450,385	5.42%, 05/12/2045 (H)►		8,784
	15,900	5.47%, 04/15/2043 (L)		15,198
	20,090	5.54%, 12/12/2043 (L)		15,343
	14,240	5.72%, 02/15/2051		13,363
	15,885	5.94%, 02/12/2049 (L)		15,105
	11,030	6.07%, 02/12/2051		10,655
	4,620	6.40%, 02/12/2051 (I)(L)		3,489
		LB-UBS Commercial Mortgage Trust
	4,750	5.45%, 11/15/2038 (L)		3,662
	11,890	5.48%, 11/15/2038 (L)		8,882
		Lehman Brothers Small Balance Commercial
	5,561	5.52%, 09/25/2030 (I)		5,373
	5,180	5.62%, 09/25/2036 (I)		4,511
		Marlin Leasing Receivables LLC
	13,390	5.33%, 09/16/2013 (I)		13,615
		Merrill Lynch Mortgage Trust
	59,098	3.96%, 10/12/2041 (H)►		1,287
		Morgan Stanley Dean Witter Capital I
	20,977	0.46%, 08/25/2032 (H)►		—
	9,600	5.36%, 03/15/2044		8,875
		Nationstar Home Equity Loan Trust
	236	9.97%, 03/25/2037 (H)(L)		118
		Option One Mortgage Loan Trust Class M6
	3,875	6.99%, 03/25/2037 (H)		517
		Option One Mortgage Loan Trust Class M7
	2,575	6.99%, 03/25/2037 (H)		307
		Option One Mortgage Loan Trust Class M8
	2,525	6.99%, 03/25/2037 (H)		288
		Popular ABS Mortgage Pass-Through Trust
	3,775	4.75%, 12/25/2034		3,362
	3,119	5.42%, 04/25/2035		2,606
		Renaissance Home Equity Loan Trust
	4,670	5.36%, 05/25/2035 (H)		3,459
	6,480	5.75%, 05/25/2036 (H)(L)		5,361
		Renaissance Home Equity Loan Trust Class M5
	4,300	7.00%, 09/25/2037 (H)		936

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

­ ­  165  ­ ­

Hartford Total Return Bond HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — (continued)
		Finance — (continued)
		Renaissance Home Equity Loan Trust Class M8
$	5,375	7.00%, 09/25/2037 (H)	$	740
		Soundview NIM Trust
	371	6.41%, 12/25/2036 (H)		37
		Swift Master Automotive Receivables Trust
	17,050	3.12%, 10/15/2012 (L)		16,527
		Wachovia Bank Commercial Mortgage Trust
	52,360	3.65%, 02/15/2041 (H)►		969
	1,835	4.52%, 05/15/2044		1,811
	11,650	5.34%, 12/15/2043		10,756
	6,930	5.42%, 01/15/2045		6,896
	9,515	5.79%, 07/15/2045 (L)		8,850
	14,100	5.93%, 06/15/2049 (L)		13,379
	2,089,279	10.00%, 02/15/2051 (H)►		3,468
		Wamu Commercial Mortgage Securities Trust
	19,570	6.31%, 03/23/2045 (I)(L)		13,910
		Wells Fargo Alternative Loan Trust
	13,319	6.25%, 11/25/2037		12,458
		Total asset & commercial mortgage backed securities (cost $670,969)	$	611,861
CORPORATE BONDS: INVESTMENT GRADE — 36.7%
		Basic Materials — 0.4%
		International Paper Co.
$	11,450	7.40%, 06/15/2014	$	11,428
		Rohm & Haas Holdings
	8,419	5.60%, 03/15/2013		8,435
				19,863
		Capital Goods — 0.6%
		Xerox Corp.
	25,390	6.35%, 05/15/2018		25,062
		Consumer Cyclical — 0.8%
		Kroger Co.
	15,660	6.15%, 01/15/2020		15,494
		Safeway, Inc.
	5,972	5.80%, 08/15/2012 (G)		6,107
		Tesco plc
	11,806	5.50%, 11/15/2017 (I)		11,487
		Wal-Mart Stores, Inc.
	4,038	6.50%, 08/15/2037		4,156
				37,244
		Consumer Staples — 0.9%
		Clorox Co.
	2,340	5.95%, 10/15/2017		2,343
		Diageo Capital plc
	9,320	5.50%, 09/30/2016		9,206
		Diageo Finance B.V.
	5,300	5.30%, 10/28/2015		5,160
	11,414	5.50%, 04/01/2013		11,557
		Dr. Pepper Snapple Group
	7,284	6.82%, 05/01/2018 (I)		7,314
		General Mills, Inc.
	5,870	5.70%, 02/15/2017		5,818
				41,398
		Energy — 1.6%
		Canadian National Resources Ltd.
	1,689	6.25%, 03/15/2038 (G)		1,585
	10,165	6.50%, 02/15/2037		9,903
		Consumers Energy Co.
	4,000	5.15%, 02/15/2017		3,831
	5,190	5.38%, 04/15/2013		5,187
		Enterprise Products Operating L.P.
	6,935	4.63%, 10/15/2009		6,910
		Enterprise Products Operations LLC
	8,848	6.50%, 01/31/2019		8,895
		Husky Oil Co.
	220	8.90%, 08/15/2028		221
		Petro-Canada
	12,815	5.95%, 05/15/2035		11,260
		Ras Laffan Liquefied Natural Gas Co., Ltd.
	1,405	3.44%, 09/15/2009 (I)		1,408
	16,410	5.30%, 09/30/2020 (I)		15,315
		TNK-BP Finance S.A.
	7,410	7.50%, 03/13/2013 — 07/18/2016 (I)		7,166
				71,681
		Finance — 18.8%
		ABX Financing Co.
	10,013	6.35%, 10/15/2036 (I)		9,470
		American Capital Strategies Ltd.
	10,577	6.85%, 08/01/2012		9,866
		American Express Co.
	8,385	5.50%, 04/16/2013		8,199
	9,727	5.55%, 10/17/2012		9,622
	6,750	8.15%, 03/19/2038		7,502
		American International Group, Inc.
	17,300	8.17%, 05/15/2058 (I)(L)		16,281
		American Real Estate Partners L.P.
	9,165	7.13%, 02/15/2013		8,317
		Americo Life, Inc.
	75	7.88%, 05/01/2013 (H)		76
		Amvescap plc
	18,030	4.50%, 12/15/2009		17,862
	3,544	5.38%, 02/27/2013		3,337
		Army Hawaii Family Housing Trust Certificates
	5,370	5.52%, 06/15/2050 (I)		4,628
		BAE Systems Holdings, Inc.
	10,204	5.20%, 08/15/2015 (I)		9,781
		Bank of America Corp.
	35,427	8.00%, 12/29/2049 (L)		33,191
	9,827	8.13%, 12/29/2049		9,289
		Bank of New York Institutional Capital Trust
	200	7.78%, 12/01/2026 (I)		200
		Barclays Bank plc
	8,438	7.70%, 10/25/2049 (I)(L)		8,599
		Berkshire Hathaway Finance Corp.
	9,538	4.60%, 05/15/2013 (I)		9,509
		BNP Paribas Capital Trust
	2,442	9.00%, 12/29/2049 (I)(L)		2,548
		Centura Capital Trust I
	250	8.85%, 06/01/2027 (H)		255

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

­ ­  166  ­ ­

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Finance — (continued)
		CIT Group, Inc.
$	10,860	6.10%, 03/15/2067 (L)	$	4,993
		Citigroup, Inc.
	21,829	8.30%, 12/21/2057 (L)		20,614
	22,525	8.40%, 12/31/2049 (L)		21,413
		Comerica Capital Trust II
	9,096	6.58%, 02/20/2037 (L)		5,728
		Countrywide Financial Corp.
	345	4.50%, 06/15/2010 (G)		321
	3,309	5.80%, 06/07/2012		3,130
	20,847	6.25%, 05/15/2016 (G)		18,561
		Countrywide Home Loans, Inc.
	3,911	4.00%, 03/22/2011		3,561
		COX Communications, Inc.
	21,805	6.25%, 06/01/2018 (I)		21,286
		Credit Agricole S.A.
	29,611	6.64%, 05/31/2049 (I)(L)		24,660
		Credit Suisse First Boston USA, Inc.
	3,105	6.50%, 01/15/2012		3,222
		Credit Suisse New York
	11,813	6.00%, 02/15/2018		11,375
		Deutsche Bank AG London
	36,708	4.88%, 05/20/2013		36,110
		Development Bank of Japan
JPY	4,600,000	1.75%, 06/21/2010		43,903
		Duke Capital LLC
	8,489	6.25%, 02/15/2013 (G)		8,639
		ERAC USA Finance Co.
	7,300	5.60%, 05/01/2015 (I)		6,673
		General Electric Capital Corp.
	11,730	5.25%, 10/19/2012		11,844
	11,180	5.63%, 05/01/2018		10,812
	18,350	6.37%, 11/15/2067 (L)		17,356
		Goldman Sachs Capital Trust II
	23,650	5.79%, 12/29/2049 (L)		16,445
		International Lease Finance Corp.
	5,385	6.38%, 03/25/2013		4,915
		Janus Capital Group, Inc.
	18,425	6.70%, 06/15/2017		17,684
		JP Morgan Chase & Co.
	41,638	7.90%, 12/01/2049		39,041
		Lincoln National Corp.
	16,423	6.05%, 04/20/2067		13,847
		Mellon Capital IV
	13,374	6.24%, 06/20/2049 (L)		10,590
		Merrill Lynch & Co., Inc.
	18,200	5.45%, 02/05/2013		17,166
		National City Corp.
	20,937	12.00%, 12/29/2049 (G)		19,968
		North Street Referenced Linked Notes
	3,900	4.30%, 07/30/2010 (A)(H)(L)		2,701
		Northern Rock plc
	1,769	5.60%, 04/30/2049 (G)(I)		1,017
		Northgroup Preferred Capital Corp.
	11,208	6.38%, 10/15/2049 (H)(L)		7,705
		NYSE Euronext
	13,700	4.80%, 06/28/2013		13,511
		PNC Preferred Funding Trust II
	27,800	6.11%, 03/15/2049 (I)(L)		21,513
		Progressive Corp.
	14,845	6.70%, 06/15/2037 (L)		13,017
		Prudential Financial, Inc.
	11,837	5.15%, 01/15/2013		11,537
	22,440	8.88%, 06/15/2038 (G)(L)		22,434
		Prudential Holdings LLC
	200	7.25%, 12/18/2023 (I)		213
		RBS Capital Trust IV
	18,375	3.60%, 09/29/2049 (L)		14,542
		Regional Diversified Funding
	96	9.25%, 03/15/2030 (I)		110
		Rio Tinto Finance USA, Ltd.
	11,245	5.88%, 07/15/2013		11,307
		State Street Capital Trust III
	7,434	8.25%, 12/29/2049 (L)		7,578
		Travelers Cos, Inc.
	5,473	6.25%, 03/15/2037 (L)		4,702
		Unicredito Italiano Capital Trust
	7,260	9.20%, 10/29/2049 (I)		7,444
		Unicredito Luxembourg Finance S.A.
	19,260	6.00%, 10/31/2017 (I)		18,491
		UnitedHealth Group, Inc.
	11,678	4.88%, 02/15/2013		11,300
		US Bank Realty Corp.
	13,200	6.09%, 12/22/2049 (I)(L)		9,636
		USB Capital IX
	4,392	6.19%, 03/29/2049 (L)		3,338
		VTB Capital S.A.
	1,820	6.61%, 10/31/2012 (K)		1,763
		Wachovia Capital Trust III
	14,200	5.80%, 03/15/2042		9,656
		Wachovia Corp.
	20,271	7.98%, 02/28/2049 (L)		18,617
		Wells Fargo Capital XIII
	29,060	7.70%, 12/29/2049 (L)		28,887
		Westfield Group
	9,076	5.70%, 10/01/2016 (I)		8,476
		ZFS Finance USA Trust I
	12,670	6.50%, 05/09/2037 (I)(L)		11,058
				842,942
		Foreign Governments — 2.0%
		El Salvador (Republic of)
	1,220	7.65%, 06/15/2035 (K)		1,263
	2,330	8.50%, 07/25/2011 (K)		2,481
		United Kingdom Government
GBP	44,409	5.00%, 03/07/2018		87,480
				91,224
		Health Care — 1.1%
		Cardinal Health, Inc.
	8,417	5.50%, 06/15/2013		8,398
		Covidien International Finance S.A.
	6,838	5.45%, 10/15/2012		6,932
		CVS Caremark Corp.
	18,166	6.30%, 06/01/2037 (L)		15,578
		Glaxosmithkline Capital, Inc.
	18,000	4.85%, 05/15/2013		17,976
				48,884
		Services — 1.5%
		Clear Channel Communications, Inc.
	8,890	7.65%, 09/15/2010		9,119

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

­ ­  167  ­ ­

Hartford Total Return Bond HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Services — (continued)
		Comcast Corp.
$	3,506	6.30%, 11/15/2017	$	3,475
	4,620	6.50%, 01/15/2015		4,691
	100	10.63%, 07/15/2012		115
		COX Communications, Inc.
	10,240	5.45%, 12/15/2014		9,840
		Mashantucket Western Pequot Revenue Bond
	4,709	5.91%, 09/01/2021 (H)		4,378
		Time Warner Entertainment Co., L.P.
	15,075	8.38%, 07/15/2033		16,315
		Time Warner, Inc.
	5,120	6.50%, 11/15/2036		4,558
		Waste Management, Inc.
	15,657	6.10%, 03/15/2018 (G)		15,621
				68,112
		Technology — 5.0%
		Agilent Technologies, Inc.
	7,622	6.50%, 11/01/2017		7,424
		AT&T, Inc.
	11,419	4.95%, 01/15/2013		11,379
	22,372	5.50%, 02/01/2018		21,679
	9,090	5.60%, 05/15/2018 (G)		8,869
		British Telecommunications plc
	9,970	5.15%, 01/15/2013		9,720
		Cingular Wireless Services, Inc.
	12,600	8.75%, 03/01/2031		14,951
		Comcast Cable Communications, Inc.
	500	8.50%, 05/01/2027		576
		Embarq Corp.
	15,262	7.08%, 06/01/2016 (G)		14,495
		GTE Corp.
	165	8.75%, 11/01/2021		190
		Koninklijke Philips Electronics N.V.
	12,942	5.75%, 03/11/2018		12,680
		Oracle Corp.
	4,534	5.75%, 04/15/2018		4,530
	17,555	6.50%, 04/15/2038		17,598
		Rogers Cable, Inc.
	2,675	8.75%, 05/01/2032		2,984
		Rogers Wireless, Inc.
	4,277	6.38%, 03/01/2014		4,282
		TCI Communications, Inc.
	4,025	8.75%, 08/01/2015		4,550
		Telecom Italia Capital
	16,958	7.72%, 06/04/2038		17,232
		Tele-Communications, Inc.
	7,975	7.88%, 08/01/2013		8,560
		Tyco Electronics Group S.A.
	5,710	6.00%, 10/01/2012		5,765
	5,995	6.55%, 10/01/2017		6,049
		Verizon Communications, Inc.
	18,467	5.50%, 02/15/2018		17,568
	7,400	6.90%, 04/15/2038		7,313
		Verizon Maryland, Inc.
	1,500	8.30%, 08/01/2031		1,678
		Verizon Virginia, Inc.
	13,805	4.63%, 03/15/2013		13,345
		Vodafone Group plc
	10,479	6.15%, 02/27/2037		9,583
				223,000
		Transportation — 1.0%
		American Airlines, Inc.
	5,696	7.86%, 10/01/2011		5,468
		Canadian Pacific Railway Co.
	7,433	5.75%, 05/15/2013 (G)		7,390
		Continental Airlines, Inc.
	4,524	6.70%, 06/15/2021		3,942
	4,365	8.05%, 11/01/2020		4,103
		CSX Corp.
	10,875	6.75%, 03/15/2011		11,270
		Norfolk Southern Corp.
	5,910	5.75%, 04/01/2018 (I)		5,817
		Union Pacific Corp.
	5,294	5.70%, 08/15/2018		5,166
				43,156
		Utilities — 3.0%
		AES El Savador Trust
	2,400	6.75%, 02/01/2016 (H)		2,155
		CenterPoint Energy Resources Corp.
	10,950	6.13%, 11/01/2017		10,666
	2,763	6.63%, 11/01/2037		2,559
		CenterPoint Energy, Inc.
	7,475	6.85%, 06/01/2015 (G)		7,607
		Columbus Southern Power Co.
	7,673	6.05%, 05/01/2018		7,628
		Commonwealth Edison Co.
	5,836	5.80%, 03/15/2018		5,697
		Detroit Edison Co.
	3,875	6.13%, 10/01/2010		4,033
		Duke Energy Corp.
	4,726	5.25%, 01/15/2018		4,664
		E.On International Finance
	13,820	5.80%, 04/30/2018 (I)		13,558
		Enbridge Energy Partners
	6,654	6.50%, 04/15/2018 (I)		6,683
		Florida Power Corp.
	4,481	5.80%, 09/15/2017		4,587
		Kinder Morgan Energy Partners L.P.
	4,720	6.50%, 02/01/2037		4,463
		NGPL Pipeco LLC
	9,472	6.51%, 12/15/2012 (I)		9,617
		Northeast Utilities
	4,375	5.65%, 06/01/2013		4,350
		Northern States Power Co.
	5,735	6.25%, 06/01/2036 (G)		5,862
		Pacific Gas & Electric Co.
	5,711	5.63%, 11/30/2017		5,689
		PSEG Power
	4,534	5.00%, 04/01/2014		4,310
		Puget Sound Energy, Inc.
	3,190	7.96%, 02/22/2010		3,357
		Scana Corp.
	4,526	6.25%, 04/01/2020		4,496
		Taqa Abu Dhabi National Energy Co.
	13,525	5.62%, 10/25/2012 (I)		13,629
		Virginia Electric & Power Co.
	6,327	5.10%, 11/30/2012		6,330

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

­ ­  168  ­ ­

Principal			Market
Amount (B)			Value (W)
CORPORATE BONDS: INVESTMENT GRADE — (continued)
		Utilities — (continued)
		Westar Energy, Inc.
$	1,400	5.15%, 01/01/2017	$	1,310
				133,250
		Total corporate bonds: investment grade (cost $1,726,153)	$	1,645,816
CORPORATE BONDS: NON-INVESTMENT GRADE — 5.7%
		Basic Materials — 0.7%
		AK Steel Corp.
$	8,805	7.75%, 06/15/2012	$	8,827
		Evraz Group S.A.
	3,400	8.88%, 04/24/2013 (I)		3,404
		Potlatch Corp.
	12,100	13.00%, 12/01/2009 (H)(L)		13,267
		Vedanta Resources plc
	3,400	8.75%, 01/15/2014 (I)		3,400
		Vitro S.A.
	2,425	8.63%, 02/01/2012 (G)		2,200
				31,098
		Capital Goods — 0.2%
		Bombardier, Inc.
	8,650	6.30%, 05/01/2014 (I)		8,261
		Consumer Cyclical — 0.3%
		American Axle & Manufacturing Holdings, Inc.
	3,008	5.25%, 02/11/2014 (G)		2,120
		Parkson Retail Group Ltd.
	3,400	7.88%, 11/14/2011 (H)		3,383
		Supervalu, Inc.
	7,055	7.50%, 11/15/2014		7,064
				12,567
		Consumer Staples — 0.2%
		Arantes International
	3,300	10.25%, 06/19/2013 (I)		3,205
		MHP S.A.
	4,235	10.25%, 11/30/2011 (H)		4,203
		Sino-Forest Corp.
	4,225	9.13%, 08/17/2011 (K)		4,310
				11,718
		Energy — 0.2%
		Range Resources Corp.
	7,669	7.38%, 07/15/2013 (G)		7,650
		Finance — 0.7%
		Citigroup (JSC Severstal)
	5,610	9.25%, 04/19/2014 (K)		5,848
		Ford Motor Credit Co.
	9,440	7.16%, 04/15/2012 (L)		8,848
		General Motors Acceptance Corp.
	11,050	6.88%, 09/15/2011		7,940
		Kazkommerts International B.V.
	1,922	8.00%, 11/03/2015 (I)		1,586
		LPL Holdings, Inc.
	4,475	10.75%, 12/15/2015 (H)		4,385
		RBS-Zero Hora Editora Journalistica
BRL	4,100	11.25%, 06/15/2017 (H)		2,027
		TuranAlem Finance B.V.
	1,700	7.75%, 04/25/2013 (K)		1,434
				32,068
		Foreign Governments — 0.6%
		Argentina (Republic of)
	6,395	7.00%, 10/03/2015		4,342
		Brazil (Republic of)
BRL	6,770	10.00%, 01/01/2017		3,305
		Indonesia Government
	1,770	7.75%, 01/17/2038 (K)		1,689
		Sri Lanka (Republic of) ADR
	5,900	8.25%, 10/24/2012 (H)		5,280
		Turkey (Republic of)
	4,500	6.75%, 04/03/2018		4,185
		Venezuela (Republic of)
	5,780	3.91%, 04/20/2011 (K)(L)		5,185
	2,290	5.75%, 02/26/2016		1,799
	2,725	6.00%, 12/09/2020		1,958
				27,743
		Health Care — 0.4%
		HCA, Inc.
	8,635	9.25%, 11/15/2016		8,894
		Reable Therapeutics Finance LLC
	2,075	11.75%, 11/15/2014 (G)		1,924
		Rite Aid Corp.
	8,350	7.50%, 03/01/2017 (G)		6,743
				17,561
		Services — 0.8%
		Dex Media West LLC, Inc.
	6,485	9.88%, 08/15/2013		5,836
		DirecTV Holdings LLC
	6,015	7.63%, 05/15/2016 (I)		5,925
		Harrah’s Operating Co., Inc.
	9,875	10.75%, 02/01/2016 (I)		8,196
		MGM Mirage, Inc.
	10,775	6.75%, 04/01/2013		9,293
		Noble Group Ltd.
	2,300	8.50%, 05/30/2013 (I)		2,266
		SunGard Data Systems, Inc.
	7,176	10.25%, 08/15/2015 (G)		7,212
				38,728
		Technology — 1.2%
		Advanced Micro Devices, Inc.
	9,270	6.00%, 05/01/2015 (I)(X)		5,840
		Charter Communications Operating LLC
	10,190	8.00%, 04/30/2012 (I)		9,630
		CSC Holdings, Inc.
	9,125	7.63%, 04/01/2011		8,943
		Intelsat Bermuda Ltd.
	8,670	9.25%, 06/15/2016		8,735
		Vimpelcom
	8,300	8.38%, 04/30/2013 (I)		8,182
		Windstream Corp.
	11,140	8.63%, 08/01/2016		11,112
				52,442

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

­ ­  169  ­ ­

Hartford Total Return Bond HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
CORPORATE BONDS: NON-INVESTMENT GRADE — (continued)
		Transportation — 0.2%
		Bristow Group, Inc.
$	6,255	7.50%, 09/15/2017 (G)	$	6,271
		Grupo Senda Autotransporte
	2,310	10.50%, 10/03/2015 (H)		2,280
				8,551
		Utilities — 0.2%
		NRG Energy, Inc.
	5,720	7.38%, 01/15/2017		5,405
		Rede Empresas De Energia
	2,405	11.13%, 04/02/2049 (H)		2,309
				7,714
		Total corporate bonds: non-investment grade (cost $269,946)	$	256,101
MUNICIPAL BONDS — 0.2%
		General Obligations — 0.2%
		Oregon School Boards Association, Taxable Pension
$	7,325	4.76%, 06/30/2028	$	6,794
		Tax Allocation — 0.0%
		California Urban Industry Development Agency
	275	6.10%, 05/01/2024		266
		Total municipal bonds (cost $7,605)	$	7,060
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — 5.5%
		Basic Materials — 0.8%
		Cenveo, Inc.
$	3,688	4.55%, 06/21/2013 — 03/16/2014 (N)	$	3,436
		Georgia-Pacific Corp.
	9,666	4.45%, 12/20/2012 (N)		9,100
		Goodyear Tire & Rubber Co.
	2,262	4.54%, 04/18/2014 (N)		2,061
		Graham Packaging Co., Inc.
	4,376	4.98%, 04/03/2014 (N)		4,189
		Graphic Packaging Corp.
	1,094	4.80%, 08/08/2010 (N)		1,029
		Hexion Specialty Chemicals
	2,903	5.00%, 05/15/2013 (N)		2,634
		Huntsman International LLC
	6,358	4.23%, 04/23/2014 (N)		5,912
		Ineos Group
	1,185	4.88%, 02/01/2013 (N)(Q)		1,041
	1,185	5.38%, 12/16/2014 (N)(Q)		1,055
		Jarden Corp.
	5,804	5.30%, 01/24/2012 (N)		5,612
				36,069
		Capital Goods — 0.1%
		Yankee Candle Co.
	2,575	4.80%, 02/06/2014		2,342
		Consumer Cyclical — 1.0%
		AM General LLC
	2,943	5.75%, 09/30/2013 (N)		2,777
		American General Finance Corp.
	115	5.48%, 09/01/2013 (AA)		109
		Aramark Corp.
	2,271	4.68%, 01/19/2014 (N)		2,127
	137	5.05%, 01/19/2014 (AA)		130
		Delphi Corp.
	3,820	7.25%, 12/31/2008 (N)(F)		3,812
		Ford Motor Co.
	24,199	5.48%, 12/15/2013 (N)		19,507
		Lear Corp.
	2,991	5.13%, 04/25/2012 (N)		2,742
		Masonite International Corp., Canadian Term Loan B
	1,173	4.89%, 04/30/2010 (N)		1,087
		Masonite International Corp., Term Loan B
	1,175	4.89%, 04/30/2010 (N)		1,089
		Michaels Stores, Inc.
	1,388	3.41%, 11/11/2013 (N)(Q)		1,164
		Oshkosh Truck Corp.
	1,629	4.08%, 12/06/2013 (N)		1,483
		Roundy’s Supermarkets, Inc.
	3,789	5.23%, 11/03/2011 (N)		3,616
		William Carter Co.
	4,249	4.28%, 07/14/2012		4,036
				43,679
		Consumer Staples — 0.1%
		Dole Food Co., Inc.
	230	4.58%, 04/12/2013 (AA)		213
	1,690	4.79%, 04/12/2013 (N)		1,568
	507	4.87%, 04/12/2013 (N)		471
				2,252
		Finance — 0.5%
		Brickman Group Holdings, Inc.
	2,905	4.80%, 01/24/2014 (N)		2,687
		Chrysler Financial Services NA
	2,630	6.78%, 08/03/2012 (N)		2,164
		Community Health Systems, Inc.
	464	1.00%, 07/02/2014 (AA)(Q)		437
	9,070	4.86%, 07/02/2014 (N)		8,538
		Crescent Resources LLC
	5,803	5.98%, 09/07/2012 (N)		4,360
		General Growth Properties, Inc.
	3,197	3.60%, 02/24/2010 (N)		2,855
		Golden Gate National
	2,418	5.23%, 03/14/2011 (N)		2,285
				23,326
		Health Care — 0.4%
		Carestream Health, Inc.
	2,357	4.80%, 04/12/2013 (N)		2,098
		HCA, Inc.
	3,354	4.80%, 11/14/2012 (N)		3,137
	4,479	5.05%, 11/17/2013 (N)		4,202
		HealthSouth Corp.
	2,131	5.29%, 03/07/2013 (N)		2,008
		IASIS Healthcare Capital Corp.
	188	4.38%, 03/15/2014 (AA)		177
	2,743	4.48%, 01/15/2014 — 03/15/2014 (N)		2,580
		Mylan, Inc.
	1,990	5.93%, 12/17/2014 (N)		1,963

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

­ ­  170  ­ ­

Principal			Market
Amount			Value (W)
SENIOR FLOATING RATE INTERESTS: NON-INVESTMENT GRADE (V) — (continued)
		Health Care — (continued)
		Skilled Healthcare Group, Inc.
$	3,237	4.97%, 06/15/2012 (N)	$	2,994
		Vanguard Health Holdings Co. II LLC
	1,040	5.05%, 09/23/2011		1,000
				20,159
		Services — 1.5%
		Affinion Group, Inc.
	2,610	7.78%, 10/07/2012 (N)		2,515
		Cedar Fair L.P., Term Loan B
	2,337	4.48%, 07/21/2013 (N)		2,212
		CSC Holdings, Inc.
	3,196	4.23%, 03/24/2013 (N)		3,034
		Emdeon Business Services LLC
	524	4.81%, 11/16/2013 (N)		497
		Gray Television, Inc.
	3,135	4.19%, 12/31/2014 (N)		2,791
		Harrah’s Entertainment, Inc.
	2,425	5.80%, 01/28/2015 (N)(Q)		2,220
		Idearc, Inc.
	3,035	3.56%, 11/17/2013 (N)		2,508
	2,806	4.79%, 11/17/2014 (N)		2,242
		inVentiv Health, Inc.
	2,613	4.56%, 07/05/2014 (N)		2,450
		Metavante Corp.
	4,465	4.62%, 10/31/2014 (N)		4,253
		MGM Mirage, Inc.
	6,351	3.52%, 10/03/2011 (N)		5,716
		R.H. Donnelley, Inc.
	6,320	6.71%, 06/30/2011 (N)		6,173
		Regal Cinemas, Inc.
	5,262	4.30%, 10/27/2013 (N)		4,996
		SunGard Data Systems, Inc.
	4,422	4.51%, 02/28/2014 (N)		4,175
		Tribune Co.
	8,076	7.98%, 05/26/2015 (H)(N)		4,967
		UPC Financing Partnership
	5,053	4.21%, 12/31/2014 (N)		4,752
		West Corp.
	4,914	5.09%, 10/23/2013		4,486
		WideOpenWest Finance LLC
	11,022	9.50%, 06/29/2015 (H)(N)		9,259
				69,246
		Technology — 0.8%
		Charter Communications Operating LLC
	2,652	4.90%, 04/28/2013 (N)		2,327
		Intelsat Bermuda Ltd.
	2,603	5.18%, 01/11/2014 (N)		2,615
	8,300	9.25%, 06/15/2016 (N)		8,134
		Intelsat Bermuda Ltd., Tranche B2A
	859	5.20%, 01/03/2014 (N)		812
		Intelsat Bermuda Ltd., Tranche B2B
	859	5.20%, 01/03/2014 (N)		811
		Intelsat Bermuda Ltd., Tranche B2C
	859	5.20%, 01/03/2014 (N)		811
		Leap Wireless International, Inc.
	2,408	6.50%, 06/15/2013 (N)		2,372
		Mediacom Broadband LLC, Term Loan D1
	5,970	4.23%, 01/31/2015 (N)		5,447
		Mediacom Broadband LLC, Term Loan D2
	5,474	4.23%, 01/31/2015 (N)		5,022
		MetroPCS Wireless, Inc.
	4,034	4.99%, 11/02/2013 (N)(Q)		3,846
		Time Warner Telecom Holdings, Inc.
	4,016	4.49%, 07/01/2013 (N)		3,853
				36,050
		Utilities — 0.3%
		Astoria Generating Co. Acquisitions LLC
	920	6.56%, 08/23/2013 (N)		886
		Mirant North America LLC
	2,709	4.23%, 01/03/2013 (N)		2,609
		NRG Energy, Inc.
	3,846	4.20%, 06/08/2013 (N)		3,645
	1,884	4.45%, 02/01/2013 (AA)		1,786
		Texas Competitive Electric Holdings Co. LLC, Term Loan B2
	3,184	6.26%, 10/24/2014 (N)		2,945
		Texas Competitive Electric Holdings Co. LLC, Term Loan B3
	3,176	6.23%, 10/31/2014 (N)		2,937
				14,808
		Total senior floating rate interests: non-investment grade (cost $265,906)	$	247,931
U.S. GOVERNMENT AGENCIES — 31.8%
		Federal Home Loan Mortgage Corporation — 11.4%
		Mortgage Backed Securities:
$	13,725	5.02%, 2035 (L)#	$	13,850
	26,737	5.39%, 2037 (L)#		27,070
	3,689	5.46%, 2036 (L)#		3,709
	131,212	5.50%, 2037		129,208
	24,737	5.50%, 2018 — 2037 #		24,448
	4,990	5.82%, 2036 (L)#		5,059
	66,595	6.00%, 2037 — 2038		67,342
	72,305	6.00%, 2017 — 2035 #		73,364
	116,340	6.50%, 2037 — 2038		120,046
	5	6.50%, 2031 — 2032 #		5
	9	7.50%, 2029 — 2031 #		10
				464,111
		Remic — Pac’s:
	47,165	5.00%, 2034		45,492
				509,603
		Federal National Mortgage Association — 16.6%
		Mortgage Backed Securities:
	3,321	4.66%, 2034 (L)		3,347
	12,520	4.69%, 2035 (L)		12,547
	7,301	4.76%, 2035 (L)		7,353
	2,565	4.79%, 2035 (L)		2,597
	21,107	4.82%, 2036 (L)		21,370
	3,263	4.86%, 2035 (L)		3,305
	4,598	4.87%, 2035 (L)		4,620
	8,908	4.94%, 2035 (L)		8,898
	274,621	5.00%, 2018 — 2034		267,936
	6,377	5.08%, 2035 (L)		6,422
	147,225	5.50%, 2013 — 2037		146,049
	24,364	6.00%, 2012 — 2033		24,803
	75,978	6.00%, 2038 (Q)		76,643

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

­ ­  171  ­ ­

Hartford Total Return Bond HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal					Market
Amount					Value (W)
U.S. GOVERNMENT AGENCIES — (continued)
		Federal National Mortgage Association — (continued)
		Mortgage Backed Securities: — (continued)
$	145,189	6.50%, 2014 — 2038			$	149,689
	7,876	7.00%, 2016 — 2037				8,265
	1,047	7.50%, 2015 — 2032				1,128
	2	8.00%, 2032				2
		Notes:
	250	5.12%, 2009 (G)(L)				253
						745,227
		Government National Mortgage Association — 2.8%
		Mortgage Backed Securities:
	24,993	5.50%, 2033 — 2034				24,920
	81,416	6.00%, 2031 — 2037				82,710
	17,524	6.50%, 2028 — 2032				18,199
	55	7.00%, 2030 — 2031				57
	9	8.50%, 2024				10
						125,896
		Other Government Agencies — 1.0%
		Small Business Administration Participation Certificates:
	20,604	5.56%, 2027				20,831
	22,343	5.57%, 2027				22,507
						43,338
		Total U.S. government agencies (cost $1,423,917)			$	1,424,064
U.S. GOVERNMENT SECURITIES — 4.5%
		U.S. Treasury Securities — 4.5%
		U.S. Treasury Bonds:
$	77,000	4.38%, 2038 (G)			$	75,051
	13,597	5.00%, 2037 (G)				14,613
						89,664
		U.S. Treasury Notes:
	94,030	3.38%, 2013				94,199
	933	3.50%, 2013 (G)				940
	18,373	3.88%, 2018 (G)				18,219
						113,358
		Total U.S. government securities (cost $200,271)			$	203,022
Shares
COMMON STOCK — 0.0%
		Technology — 0.0%
	—	XO Holdings, Inc. (D)			$	—
		Total common stock (cost $— )			$	—
WARRANTS — 0.0%
		Technology — 0.0%
	—	XO Holdings, Inc. (D)(H)			$	—
		Total warrants (cost $— )			$	—
PREFERRED STOCK — 0.5%
		Finance — 0.5%
	340	Federal Home Loan Mortgage Corp. (G)			$	8,254
	592	Federal National Mortgage Association (G)				13,596
		Total preferred stock (cost $23,359)			$	21,850
		Total long-term investments (cost $4,588,126)			$	4,417,705
Principal
Amount
SHORT-TERM INVESTMENTS — 5.8%
		Finance — 0.5%
		BNP Paribas Finance
$	20,000	3.00%, 07/01/2008			$	19,998
		Illinois Tool-Works — DCP
	3,000	2.45%, 07/01/2008				3,000
						22,998
Shares
		Investment Pools and Funds — 0.0%
	550	State Street Bank Money Market Fund				550
Principal
Amount
		Repurchase Agreements — 0.0%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $64, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $65)
$	64	1.80% dated 06/30/2008				64
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $25, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $26)
	25	1.80% dated 06/30/2008				25
						89
Shares
		Securities Purchased with Proceeds from Security Lending — 4.9%
		Cash Collateral Reinvestment Fund:
	220,494	Navigator Prime Portfolio				220,494
Principal
Amount
		U.S. Treasury Bills — 0.4%
$	18,000	1.99%, 09/11/2008 (M)(S)				17,940
		Total short-term investments (cost $262,061)			$	262,071
		Total investments (cost $4,850,187) (C)	104.4	%	$	4,679,776
		Other assets and liabilities	(4.4	)%		(196,228	)
		Total net assets	100.0	%	$	4,483,548

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

­ ­  172  ­ ­

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 12.11% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $4,851,527 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	27,064
Unrealized Depreciation		(198,815	)
Net Unrealized Depreciation	$	(171,751	)

#	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 under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $11,642, which represents 0.26% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(AA)	The interest rate disclosed for these securities represents an estimated average coupon as of June 30, 2008.
(D)	Currently non-income producing.
(F)	The company is in bankruptcy. The bank loan or bond held by the fund is not in default and interest payments are expected in the future.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $401,153, which represents 8.95% 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 June 30, 2008, the market value of these securities amounted to $23,973 or 0.53% of net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2008.
(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 June 30, 2008.
(C)	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at June 30, 2008.
(Q)	The cost of securities purchased on a when-issued or delayed delivery basis at June 30, 2008 was $82,691.
(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 June 30, 2008.
(X)	Convertible security.
(B)	All principal amounts are in U.S. dollars unless otherwise indicated.

BRL	— Brazilian Real
GBP	— British Pound
JPY	— Japanese Yen

(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		9,450	ACT Depositor Corp., 5.40%, 09/22/2041 - 144A	$	9,199
06/2008		2,400	AES El Savador Trust, 6.75, 02/01/2016 - Reg S		2,191
04/2003		75	Americo Life, Inc., 7.88%, 05/01/2013 - 144A		74
03/2005		83,058	Banc of America Commercial Mortgage, Inc., 4.52%, 09/11/2036 -144A		1,678
08/2006		5,880	Banc of America Securities Automotive Trust, 4.49%, 02/18/2013		5,878
05/2007		47,919	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A		6,822
08/2007		78,792	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		10,941
04/2007		4,430	Bayview Financial Acquisition Trust, 4.13%, 05/28/2037		4,430
10/2004		69,427	Bear Stearns Commercial Mortgage Securities, Inc., 4.07%, 07/11/2042		1,649
12/2004		54,131	Bear Stearns Commercial Mortgage Securities, Inc., 4.12%, 11/11/2041		1,157
05/2005 – 11/2006		126,624	Bear Stearns Commercial Mortgage Securities, Inc., 5.50%, 02/11/2041 -144A		2,501
04/2006 – 08/2007		73,214	CBA Commercial Small Balance Commercial Mortgage Class X1, 7.00%, 06/25/2038 - 144A		3,719
04/2006 – 08/2007		46,511	CBA Commercial Small Balance Commercial Mortgage Class X2, 7.00%, 07/25/2035 - 144A		2,704
05/2003		250	Centura Capital Trust I, 8.85%, 06/01/2027 - 144A		260
02/2007		—	Citigroup Mortgage Loan Trust, Inc., 0.00%, 01/25/2037 -144A		—
12/2007 – 06/2008		1,387	Citigroup Mortgage Loan Trust, Inc., 12.00%, 01/25/2037 - 144A		2,405
07/2007		3,268	Credit-Based Asset Servicing and Securitization, 2.75%, 05/25/2036 - 144A		3,191

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

­ ­  173  ­ ­

Hartford Total Return Bond HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Period
Acquired	Shares/Par		Security	Cost Basis
05/2007		54,946	First Horizon Mortgage Pass-Through Trust, 5.84%, 05/25/2037	$	55,068
06/2006		285,821	GE Business Loan Trust, 6.14%, 05/15/2034 - 144A		1,405
07/2004		153,731	Goldman Sachs Mortgage Securities Corp. II, 4.38%, 08/10/2038 -144A		1,015
05/2008		2,310	Grupo Senda Autotransporte, 10.50%, 10/03/2015 - 144A		2,307
03/2007		1,675	JP Morgan Automotive Receivable Trust, 12.85%, 03/15/2012		1,675
03/2005		607,359	JP Morgan Chase Commercial Mortgage Security Corp., 4.82%, 08/12/2037		1,537
09/2006		450,385	JP Morgan Chase Commercial Mortgage Security Corp., 5.42%, 05/12/2045		9,022
10/2007 – 04/2008		4,475	LPL Holdings, Inc., 10.75%, 12/15/2015 - 144A		4,555
07/2005		4,709	Mashantucket Western Pequot Revenue Bond, 5.91%, 09/01/2021 -144A		4,709
11/2004		59,098	Merrill Lynch Mortgage Trust, 3.96%, 10/12/2041 - 144A		1,388
11/2006		4,235	MHP S.A., 10.25%, 11/30/2011 - 144A		4,247
10/2005 – 08/2006		20,977	Morgan Stanley Dean Witter Capital I, 0.46%, 08/25/2032 - Reg D		325
04/2007		236	Nationstar Home Equity Loan Trust, 9.97%, 03/25/2037 - 144A		236
11/2006		3,900	North Street Referenced Linked Notes, 4.30%, 07/30/2010 - 144A		3,548
05/2007		11,208	Northgroup Preferred Capital Corp., 6.38%, 10/15/2049 - 144A		11,208
03/2007		3,875	Option One Mortgage Loan Trust Class M6, 6.99%, 03/25/2037		3,749
03/2007		2,575	Option One Mortgage Loan Trust Class M7, 6.99%, 03/25/2037		2,247
03/2007		2,525	Option One Mortgage Loan Trust Class M8, 6.99%, 03/25/2037		2,007
10/2007		3,400	Parkson Retail Group Ltd., 7.88%, 11/14/2011		3,459
10/2001 – 11/2001		12,100	Potlatch Corp., 13.00%, 12/01/2009		12,393
10/2007		4,100	RBS-Zero Hora Editora Journalistica, 11.25, 06/15/2017 - Reg S		2,125
04/2008 – 06/2008		2,405	Rede Empresas De Energia, 11.13%, 04/02/2049 - 144A		2,338
03/2005		4,670	Renaissance Home Equity Loan Trust, 5.36%, 05/25/2035		4,670
03/2006		6,480	Renaissance Home Equity Loan Trust, 5.75%, 05/25/2036		6,480
08/2007		4,300	Renaissance Home Equity Loan Trust Class M5, 7.00%, 09/25/2037		3,255
08/2007		5,375	Renaissance Home Equity Loan Trust Class M8, 7.00%, 09/25/2037		3,005
02/2007		371	Soundview NIM Trust, 6.41%, 12/25/2036 - 144A		369
10/2007 – 05/2008		5,900	Sri Lanka (Republic of) ADR, 8.25%, 10/24/2012 - 144A		5,719
05/2007		8,076	Tribune Co., 7.98%, 05/26/2015		8,076
02/2004		52,360	Wachovia Bank Commercial Mortgage Trust, 3.65%, 02/15/2041 -144A		1,012
08/2007		2,089,279	Wachovia Bank Commercial Mortgage Trust, 10.00%, 02/15/2051		3,293
06/2007 – 06/2008		11,022	WideOpenWest Finance LLC, 9.50%, 06/29/2015		10,645
05/2006		—	XO Holdings, Inc.		—

	The aggregate value of these securities at June 30, 2008 was $198,332 which represents 4.42% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at June 30, 2008.
	Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		1,987		Long		Sep 2008	$	1,228
5 Year U.S. Treasury Note		4,674		Long		Sep 2008		5,226
10 Year U.S. Treasury Note		1,121		Short		Sep 2008		(1,714	)
U.S. Long Bond		1,461		Short		Sep 2008		(3,480	)
							$	1,260

* The number of contracts does not omit 000’s.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Sell)	$	93,336	$	92,046		09/19/08	$	(1,290	)
Euro (Buy)		46,255		45,578		07/16/08		677
Euro (Sell)		46,255		45,482		07/16/08		(773	)
Euro (Buy)		53,862		53,037		09/17/08		825
Euro (Sell)		53,862		52,425		09/17/08		(1,437	)
Japanese Yen (Buy)		43,321		42,579		07/02/08		742
Japanese Yen (Sell)		43,321		42,468		07/02/08		(853	)
Japanese Yen (Buy)		43,352		43,393		07/11/08		(41	)
Japanese Yen (Sell)		43,352		42,928		07/11/08		(424	)
							$	(2,574	)

(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.

­ ­  174  ­ ­

Hartford U.S. Government Securities HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES — 13.9%
		Finance — 13.9%
		Ansonia CDO Ltd.
$	6,000	2.68%, 07/28/2046 (A)(H)(L)	$	2,700
		Arbor Realty Mortgage Securities
	8,000	3.30%, 01/26/2042 (H)(L)		5,325
		Banc of America Commercial Mortgage, Inc.
	9,000	4.50%, 07/10/2043		8,904
	9,433	5.00%, 10/10/2045		9,385
		Bayview Commercial Asset Trust
	61,833	7.00%, 07/25/2037 (H)►		6,431
	41,109	7.50%, 09/25/2037 (H)►		4,933
		Bayview Financial Acquisition Trust
	1,435	5.48%, 05/28/2037 (H)(L)		258
		Bear Stearns Asset Backed Securities, Inc.
	3,990	3.58%, 05/25/2037 (H)(L)		611
		Bear Stearns Commercial Mortgage Securities, Inc.
	197,702	4.65%, 02/11/2041 (H)►		1,761
		Carrington Mortgage Loan Trust
	3,238	4.13%, 02/25/2037 (H)(L)		300
		CBA Commercial Small Balance Commercial Mortgage
	1,479	6.09%, 07/25/2039 (H)(L)		858
	1,539	6.50%, 07/25/2039 (H)(L)		616
	36,381	7.25%, 07/25/2039 (H)►		3,494
		Citigroup Commercial Mortgage Trust
	2,500	2.71%, 08/15/2021 (H)(L)		2,232
		Commercial Mortgage Pass-Through Certificates
	4,327	2.76%, 12/15/2020 (H)(L)		3,925
	9,000	5.00%, 06/10/2044		8,991
		Countrywide Alternative Loan Trust
	1,437	2.73%, 10/25/2035 (H)(L)		1,298
		Countrywide Asset-Backed Certificates
	9,000	5.76%, 06/25/2035		3,428
	9,000	5.80%, 07/25/2034		6,443
		Credit Suisse Mortgage Capital Certificates
	5,991	3.27%, 09/15/2021 (H)(L)		5,577
		CS First Boston Mortgage Securities Corp.
	9,000	4.51%, 07/15/2037		8,910
		Deutsche Alt-A Securities, Inc.
	16,154	5.56%, 02/25/2036 (L)		13,912
		Greenwich Capital Commercial Funding Corp.
	8,000	2.68%, 11/05/2021 (I)(L)		6,947
	9,000	5.12%, 04/10/2037 (L)		8,982
		Indymac Index Mortgage Loan Trust
	8,625	2.72%, 06/25/2037 (H)(L)		6,124
		Lehman XS Trust
	10,121	6.50%, 05/25/2037 (H)(L)		9,552
		LNR CDO Ltd.
	4,400	2.73%, 05/28/2043 (H)(L)		1,980
		Marathon Real Estate CDO Ltd.
	4,000	3.88%, 05/25/2046 (H)(L)		2,196
		Merrill Lynch Floating Trust
	6,750	2.67%, 06/15/2022 (H)(L)		6,365
		Merrill Lynch Mortgage Trust
	127,157	4.57%, 06/12/2043 (H)►		2,618
		Merrill Lynch/Countrywide Commercial Mortgage Trust
	9,000	5.20%, 12/12/2049		8,036
		Renaissance Home Equity Loan Trust
	7,140	7.00%, 09/25/2037 (H)		1,813
	4,455	7.50%, 04/25/2037 — 06/25/2037 (H)		499
		Spirit Master Funding LLC
	6,709	5.76%, 03/20/2024 (H)		6,602
		Structured Asset Securities Corp.
	4,000	4.98%, 02/25/2037 (H)(L)		361
		Wachovia Bank Commercial Mortgage Trust
	9,000	4.52%, 05/15/2044		8,884
		Wamu Commercial Mortgage Securities Trust
	8,500	6.31%, 03/23/2045 (I)(L)		6,041
		Total asset & commercial mortgage backed securities (cost $230,176)	$	177,292
CORPORATE BONDS: INVESTMENT GRADE — 0.1%
		Finance — 0.1%
		North Street Referenced Linked Notes
$	2,750	4.30%, 07/30/2010 (A)(H)(L)	$	1,904
		Total corporate bonds: investment grade (cost $2,502)	$	1,904
U.S. GOVERNMENT AGENCIES — 75.2%
		Federal Home Loan Mortgage Corporation — 10.4%
		Mortgage Backed Securities:
$	5,943	5.46%, 2036 (L)	$	5,975
	9,636	5.47%, 2036 (L)		9,780
	7,388	5.77%, 2037 (L)		7,515
	21,535	6.00%, 2021 — 2038		21,796
	6,086	6.50%, 2028 — 2037		6,305
	23	7.00%, 2029 — 2031		24
				51,395
		Notes:
	40,000	4.13%, 2011		40,664
		Remic — Pac’s:
	17,620	5.00%, 2019		17,523
	9,867	5.50%, 2016		10,054
	3,664	6.00%, 2031		3,731
	8,368	6.50%, 2028 — 2032		8,802
				40,110
				132,169
		Federal National Mortgage Association — 45.2%
		Mortgage Backed Securities:
	11,187	4.75%, 2035 (L)		11,268
	1,595	4.76%, 2035 (L)		1,607
	6,545	4.82%, 2034 (L)		6,631
	1,006	4.87%, 2035 (L)		1,011
	1,948	4.94%, 2035 (L)		1,946
	6,345	5.01%, 2035 (L)		6,407
	7,793	5.06%, 2035 (L)		7,890
	6,272	5.11%, 2035 (L)		6,339
	7,136	5.22%, 2035 (L)		7,224
	9,901	5.44%, 2036 (L)		9,977
	19,440	5.50%, 2015 — 2019		19,728
	18,875	5.51%, 2037 (L)		19,125
	22,757	5.78%, 2037 (L)		23,070
	9,921	5.99%, 2037 (L)		10,069
	38,226	6.00%, 2013 — 2037		38,513
	866	6.01%, 2009		868

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

­ ­  175  ­ ­

Hartford U.S. Government Securities HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal			Market
Amount			Value (W)
U.S. GOVERNMENT AGENCIES — (continued)
		Federal National Mortgage Association — (continued)
		Mortgage Backed Securities: — (continued)
$	10,834	6.50%, 2013 — 2037	$	11,187
	69	7.50%, 2023		75
	7	8.50%, 2017		8
	5	9.00%, 2020 — 2021		5
	6	9.75%, 2020		7
				182,955
		Notes:
	100,000	3.25%, 2011 (G)		99,392
	110,000	4.14%, 2015 (G)		107,926
	125,000	4.20%, 2012 (G)		125,570
	50,000	5.30%, 2012 (G)		50,430
				383,318
		Remic — Pac’s:
	2,439	4.50%, 2016		2,449
	4,812	5.50%, 2014		4,902
				7,351
		Remic — Z Bonds:
	3,212	6.50%, 2029 (R)		3,357
				576,981
		Government National Mortgage Association — 1.3%
		Mortgage Backed Securities:
	8,022	5.00%, 2034		7,766
	4,611	6.00%, 2033 — 2034		4,685
	1,279	7.00%, 2030 — 2032		1,361
	141	7.50%, 2027		152
				13,964
		Remic — Pac’s:
	3,045	6.50%, 2031		3,203
				17,167
		Other Government Agencies — 18.3%
		Small Business Administration Participation Certificates:
	3,704	4.95%, 2025		3,574
	5,848	5.12%, 2026		5,784
	13,000	5.16%, 2028		12,976
	4,591	5.23%, 2027		4,570
	14,246	5.31%, 2022 — 2027		14,231
	15,387	5.32%, 2027		15,410
	19,282	5.35%, 2026		19,387
	8,704	5.36%, 2026		8,702
	6,608	5.37%, 2026		6,637
	7,761	5.49%, 2027		7,803
	3,617	5.52%, 2024		3,655
	9,940	5.54%, 2026		10,064
	11,368	5.56%, 2027		11,493
	39,342	5.57%, 2026 — 2027		39,688
	7,681	5.64%, 2026		7,781
	9,066	5.71%, 2027		9,190
	3,521	5.76%, 2021		3,592
	14,507	5.78%, 2021 — 2027		14,681
	15,933	5.82%, 2026 — 2027		16,369
	9,489	5.87%, 2026		9,748
	7,414	6.07%, 2026		7,683
				233,018
		Total U.S. government agencies (cost $956,608)	$	959,335
U.S. GOVERNMENT SECURITIES — 7.9%
		Other Direct Federal Obligations — 0.8%
		Federal Farm Credit Bank:
$	10,000	3.75%, 2010 (G)	$	10,074
		U.S. Treasury Securities — 7.1%
		U.S. Treasury Notes:
	12,000	2.38%, 2017 (O)		13,837
	24,263	3.50%, 2018 (G)		23,355
	37,935	4.13%, 2012 (G)		39,266
	3,550	4.25%, 2017 (G)		3,626
	7,215	4.50%, 2017 (G)		7,515
	2,665	4.63%, 2016 (G)		2,811
				90,410
Contracts
CALL OPTIONS PURCHASED — 0.1%
		Long Call Index Option Contract — 0.1%
		5 Year U.S. Treasury Note
	1	Expiration: August, 2008, Exercise Price: $111.50		828
		Total call options purchased (cost $1,169)	$	828
PUT OPTIONS PURCHASED — 0.0%
		Long Call Index Option Contract — 0.0%
		5 Year U.S. Treasury Note
	1	Expiration: August, 2008, Exercise Price: $109.00	$	384
		Total put options purchased (cost $518)	$	384
		Total long-term investments (cost $1,289,420)	$	1,240,227
SHORT-TERM INVESTMENTS — 30.4%
		Repurchase Agreements — 1.8%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $16,731, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $17,093)
	16,730	1.80% dated 06/30/2008	$	16,730
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $6,612, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $6,721)
	6,612	1.80% dated 06/30/2008		6,612
				23,342

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

­ ­  176  ­ ­

						Market
Shares						Value(W)
		��	Securities Purchased with Proceeds from Security Lending — 28.3%
			Cash Collateral Reinvestment Fund:
	361,211		Navigator Prime Portfolio			$	361,211
Principal
Amount
			U.S. Treasury Bills — 0.3%
$	3,000		1.99%, 09/11/2008 (M)(S)				2,990
			Total short-term investments (cost $387,541)			$	387,543
			Total investments (cost $1,676,961) (C)	127.6	%	$	1,627,770
			Other assets and liabilities	(27.6	)%		(351,826	)
			Total net assets	100.0	%	$	1,275,944

Note:  Percentage of investments as shown is the ratio of the total market value to total net assets. The disclosure required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investment.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,677,231 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	8,231
Unrealized Depreciation		(57,692	)
Net Unrealized Depreciation	$	(49,461	)

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $4,604, which represents 0.36% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $12,988, which represents 1.02% of total net assets.
(L)	Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2008.
(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.
►	The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at June 30, 2008.
(R)	Z-Tranche securities pay no principal or interest during their initial accrual period, but accrue additional principal at a specified coupon rate.
(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		6,000	Ansonia CDO Ltd., 2.68%, 07/28/2046 - 144A	$	6,000
11/2006		8,000	Arbor Realty Mortgage Securities, 3.30%, 01/26/2042 - 144A		8,000
05/2007		61,833	Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A		8,803
08/2007		41,109	Bayview Commercial Asset Trust, 7.50%, 09/25/2037 - 144A		5,667
04/2007		1,435	Bayview Financial Acquisition Trust, 5.48%, 05/28/2037		1,389
04/2007		3,990	Bear Stearns Asset Backed Securities, Inc., 3.58%, 05/25/2037		3,990
05/2005 – 08/2007		197,702	Bear Stearns Commercial Mortgage Securities, Inc., 4.65%, 02/11/2041		1,831
03/2007		3,238	Carrington Mortgage Loan Trust, 4.13%, 02/25/2037		3,238
05/2007		1,479	CBA Commercial Small Balance Commercial Mortgage, 6.09%, 07/25/2039 - 144A		1,479
05/2007		1,539	CBA Commercial Small Balance Commercial Mortgage, 6.50%, 07/25/2039 - 144A		1,539
05/2007		36,381	CBA Commercial Small Balance Commercial Mortgage, 7.25%, 07/25/2039 - 144A		3,169
10/2006		2,500	Citigroup Commercial Mortgage Trust, 2.71%, 08/15/2021 - 144A		2,500
10/2006		4,327	Commercial Mortgage Pass-Through Certificates, 2.76%, 12/15/2020 - 144A		4,327
11/2005		1,437	Countrywide Alternative Loan Trust, 2.73%, 10/25/2035		1,437
11/2006		5,991	Credit Suisse Mortgage Capital Certificates, 3.27%, 09/15/2021 - 144A		5,991
04/2007 – 02/2008		8,625	Indymac Index Mortgage Loan Trust, 2.72%, 06/25/2037		8,625
10/2007		10,121	Lehman XS Trust, 6.50%, 05/25/2037		10,011
11/2006		4,400	LNR CDO Ltd., 2.73%, 05/28/2043 - 144A		4,409
04/2007		4,000	Marathon Real Estate CDO Ltd., 3.88%, 05/25/2046 - 144A		3,907
10/2006		6,750	Merrill Lynch Floating Trust, 2.67%, 06/15/2022 - 144A		6,750
06/2005		127,157	Merrill Lynch Mortgage Trust, 4.57%, 06/12/2043		2,690

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

­ ­  177  ­ ­

Hartford U.S. Government Securities HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Period
Acquired	Shares/Par		Security	Cost Basis
11/2006		2,750	North Street Referenced Linked Notes, 4.30%, 07/30/2010 - 144A	$	2,502
08/2007		7,140	Renaissance Home Equity Loan Trust, 7.00%, 09/25/2037		5,755
05/2007		4,455	Renaissance Home Equity Loan Trust, 7.50%, 04/25/2037 — 06/25/2037		4,061
03/2006		6,709	Spirit Master Funding LLC, 5.76%, 03/20/2024 - 144A		6,707
03/2007		4,000	Structured Asset Securities Corp., 4.98%, 02/25/2037		3,749

	The aggregate value of these securities at June 30, 2008 was $80,333 which represents 6.30% of total net assets.
(S)	Security pledged as initial margin deposit for open futures contracts at June 30, 2008.

Futures Contracts Outstanding at June 30, 2008

							Unrealized
	Number of				Expiration		Appreciation/
Description	Contracts*		Position		Month		(Depreciation)
2 Year U.S. Treasury Note		833		Long		Sep 2008	$	155
5 Year U.S. Treasury Note		1,216		Long		Sep 2008		170
10 Year U.S. Treasury Note		783		Short		Sep 2008		(1,391	)
U.S. Long Bond		356		Short		Sep 2008		(934	)
							$	(2,000	)

	* 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.

­ ­  178  ­ ­

Hartford Value HLS Fund

Schedule of Investments
June 30, 2008
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.6%
		Basic Materials — 6.4%
	63	Agrium, Inc.	$	6,732
	47	Cleveland-Cliffs, Inc.		5,637
	113	E.I. DuPont de Nemours & Co.		4,864
	167	International Paper Co.		3,891
	101	Kimberly-Clark Corp.		6,050
				27,174
		Capital Goods — 1.6%
	105	Cummins, Inc.		6,893
		Consumer Cyclical — 6.1%
	205	Altria Group, Inc.		4,221
	115	Gap, Inc.		1,915
	234	Ingram Micro, Inc. (D)		4,150
	50	Kohl’s Corp. (D)		2,006
	177	Kroger Co.		5,107
	127	Safeway, Inc.		3,611
	160	Supervalu, Inc.		4,949
				25,959
		Consumer Staples — 7.5%
	61	Colgate-Palmolive Co.		4,243
	171	ConAgra Foods, Inc.		3,293
	169	Dean Foods Co. (D)		3,316
	44	Nestle S.A. ADR		4,939
	138	PepsiCo, Inc.		8,744
	80	Philip Morris International, Inc.		3,946
	235	Tyson Foods, Inc. Class A		3,514
				31,995
		Energy — 18.9%
	94	Chevron Corp.		9,348
	68	ConocoPhillips Holding Co.		6,409
	249	Exxon Mobil Corp.		21,900
	88	Marathon Oil Corp.		4,544
	140	Newfield Exploration Co. (D)		9,102
	179	Occidental Petroleum Corp.		16,094
	69	Total S.A. ADR		5,884
	103	XTO Energy, Inc.		7,086
				80,367
		Finance — 22.8%
	173	ACE Ltd.		9,553
	130	Aetna, Inc.		5,269
	136	Allstate Corp.		6,196
	195	Bank of America Corp.		4,650
	113	Bank of New York Mellon Corp.		4,256
	118	Chubb Corp.		5,798
	278	Citigroup, Inc.		4,663
	401	Discover Financial Services, Inc.		5,281
	160	Federal National Mortgage Association		3,112
	37	Goldman Sachs Group, Inc.		6,401
	335	Host Hotels & Resorts, Inc.		4,574
	262	JP Morgan Chase & Co.		9,001
	193	Lloyd’s TSB Group plc ADR (G)		4,761
	134	Morgan Stanley		4,844
	86	PNC Financial Services Group, Inc.		4,922
	93	UBS AG (D)(G)		1,931
	170	UnitedHealth Group, Inc.		4,449
	254	US Bancorp		7,095
				96,756
		Health Care — 7.7%
	83	Abbott Laboratories		4,386
	109	Baxter International, Inc.		6,963
	173	Bristol-Myers Squibb Co.		3,558
	217	CVS/Caremark Corp.		8,587
	203	Schering-Plough Corp.		3,991
	108	Wyeth		5,194
				32,679
		Services — 2.8%
	215	Comcast Corp. Class A		4,084
	217	Time Warner, Inc.		3,213
	127	Waste Management, Inc.		4,774
				12,071
		Technology — 13.9%
	342	AT&T, Inc.		11,513
	225	Cisco Systems, Inc. (D)		5,231
	509	General Electric Co.		13,580
	96	Hewlett-Packard Co.		4,262
	323	Intel Corp.		6,947
	44	International Business Machines Corp.		5,203
	176	Microsoft Corp.		4,845
	216	Verizon Communications, Inc.		7,653
				59,234
		Transportation — 1.6%
	80	General Dynamics Corp.		6,702
		Utilities — 8.3%
	63	Entergy Corp.		7,578
	50	Exelon Corp.		4,534
	105	FPL Group, Inc.		6,873
	103	NRG Energy, Inc. (D)		4,410
	54	PG&E Corp.		2,159
	86	SCANA Corp.		3,167
	119	Southern Co.		4,166
	108	TECO Energy, Inc.		2,328
				35,215
		Total common stock (cost $390,069)	$	415,045
Principal
Amount
SHORT-TERM INVESTMENTS — 2.3%
		Repurchase Agreements — 2.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,067, collateralized by FNMA 5.50%, 2038, value of $2,108)
$	2,067	2.50% dated 06/30/2008		2,067

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

­ ­  179  ­ ­

Hartford Value HLS Fund

Schedule of Investments — (continued)
June 30, 2008
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,233, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $2,277)
$	2,232	2.40% dated 06/30/2008			$	2,232
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $376, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $383)
	376	2.70% dated 06/30/2008				376
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $3,310, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $3,376)
	3,310	2.70% dated 06/30/2008				3,310
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $5, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $5)
	4	1.80% dated 06/30/2008				4
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $945, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $964)
	945	2.55% dated 06/30/2008				945
						8,934
Shares
		Securities Purchased with Proceeds from Security Lending — 0.2%
		Cash Collateral Reinvestment Fund:
	998	Goldman Sachs FS Prime Obligation/Institutional Fund				998
		Total short-term investments (cost $9,932)			$	9,932
		Total investments (cost $400,001) (C)	99.9	%	$	424,977
		Other assets and liabilities	0.1	%		511
		Total net assets	100.0	%	$	425,488

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 5.70% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $400,547 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	62,581
Unrealized Depreciation		(38,151	)
Net Unrealized Appreciation	$	24,430

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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.

­ ­  180  ­ ­

Hartford Value Opportunities HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 99.0%
		Basic Materials — 5.9%
	92	Alcoa, Inc.	$	3,272
	45	Celanese Corp.		2,061
	42	Owens-Illinois, Inc. (D)		1,751
	325	Rexam plc		2,498
	326	Smurfit-Stone Container Corp. (D)		1,327
	36	Syngenta AG ADR		2,303
	1,005	Uranium One, Inc. (D)		4,731
	887	USEC, Inc. (D)(G)		5,390
				23,333
		Capital Goods — 6.4%
	41	Alliant Techsystems, Inc. (D)		4,199
	78	Baker Hughes, Inc.		6,794
	83	Deere & Co.		5,987
	86	Kennametal, Inc.		2,790
	150	Varian Semiconductor Equipment Associates, Inc. (D)		5,233
				25,003
		Consumer Cyclical — 4.9%
	3,040	Buck Holdings L.P. (A)(D)(H)		2,736
	551	Ford Motor Co. (D)		2,651
	234	Home Depot, Inc.		5,476
	126	Liz Claiborne, Inc.		1,784
	66	MDC Holdings, Inc.		2,566
	226	TRW Automotive Holdings Corp. (D)		4,165
				19,378
		Consumer Staples — 8.6%
	130	Avon Products, Inc.		4,686
	3,174	Chaoda Modern Agriculture		4,016
	138	Cosan Ltd. (D)		1,745
	244	Dean Foods Co. (D)		4,793
	1	Japan Tobacco, Inc.		4,627
	9,052	Marine Harvest (D)(G)		6,630
	117	Pilgrim’s Pride Corp. (G)		1,515
	210	Unilever N.V. NY Shares ADR		5,967
				33,979
		Energy — 12.0%
	582	Brasil EcoDiesel Industria (D)		1,498
	91	Exxon Mobil Corp.		7,976
	155	Newfield Exploration Co. (D)		10,132
	86	Noble Energy, Inc.		8,678
	74	Petro-Canada		4,161
	273	Talisman Energy, Inc.		6,035
	101	Total S.A. ADR		8,643
				47,123
		Finance — 24.7%
	287	ACE Ltd.		15,783
	137	Aetna, Inc.		5,549
	391	AMBAC Financial Group, Inc. (G)		524
	457	Bank of America Corp.		10,919
	126	Capital One Financial Corp. (G)		4,804
	411	CIT Group, Inc. (G)		2,795
	72	Citigroup, Inc.		1,207
	77	Everest Re Group Ltd.		6,154
	274	Federal National Mortgage Association		5,346
	127	Genesis Lease Ltd.		1,310
	47	Humana, Inc. (D)		1,853
	446	Huntington Bancshares, Inc. (G)		2,570
	55	JP Morgan Chase & Co.		1,890
	96	National City Corp.		459
	185	Oaktree Capital (D)(I)		5,180
	342	PennantPark Investment Corp.		2,467
	87	Platinum Underwriters Holdings Ltd.		2,821
	2,067	Royal Bank of Scotland Group plc		8,798
	522	Sovereign Bancorp, Inc. (G)		3,842
	169	TD Ameritrade Holding Corp. (D)		3,061
	249	UBS AG ADR (D)(G)		5,150
	101	UnitedHealth Group, Inc.		2,641
	417	Washington Mutual, Inc.		2,053
				97,176
		Health Care — 13.4%
	226	Alkermes, Inc. (D)		2,798
	52	Amgen, Inc. (D)		2,452
	54	Astellas Pharma, Inc.		2,305
	237	Cooper Co., Inc. (G)		8,801
	63	Covidien Ltd.		2,998
	670	Impax Laboratories, Inc. (A)(D)(H)		5,359
	33	Sanofi-Aventis S.A.		2,193
	459	Schering-Plough Corp.		9,042
	354	Wyeth		16,987
				52,935
		Services — 7.4%
	144	CACI International, Inc. Class A (D)		6,609
	364	Comcast Corp. Class A		6,899
	551	Comcast Corp. Special Class A		10,331
	215	R.H. Donnelley Corp. (D)(G)		646
	76	United Parcel Service, Inc. Class B		4,668
				29,153
		Technology — 12.0%
	161	Arrow Electronics, Inc. (D)		4,957
	334	Cisco Systems, Inc. (D)		7,765
	219	Corning, Inc.		5,055
	199	Fairchild Semiconductor International, Inc. (D)		2,337
	509	Flextronics International Ltd. (D)		4,786
	440	JDS Uniphase Corp. (D)(G)		4,993
	207	Microsoft Corp.		5,684
	129	Qualcomm, Inc.		5,719
	230	Solar Cayman Ltd. (A)(D)(H)		3,170
	197	Virgin Media, Inc. (G)		2,685
				47,151
		Transportation — 2.7%
	423	Delta Air Lines, Inc. (D)		2,408
	1,101	Northwest Airlines Corp. (D)(G)		7,331
	325	US Airways Group, Inc. (D)(G)		812
				10,551
		Utilities — 1.0%
	99	Progress Energy, Inc.		4,124
		Total common stock (cost $478,025)	$	389,906

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

­ ­  181  ­ ­

Hartford Value Opportunities HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

					Market
Shares					Value (W)
PREFERRED STOCK — 0.9%
		Finance — 0.9%
	—	National City Corp. (A)(D)(H)(X)			$	3,521
		Total preferred stock (cost $4,100)			$	3,521
		Total long-term investments (cost $482,125)			$	393,427
SHORT-TERM INVESTMENTS — 11.0%
		Repurchase Agreements — 0.2%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $138, collateralized by FNMA 5.50%, 2038, value of $141)
	138	2.50% dated 06/30/2008			$	138
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $149, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $152)
	150	2.40% dated 06/30/2008				150
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $25, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $26)
	25	2.70% dated 06/30/2008				25
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $222, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $226)
	222	2.70% dated 06/30/2008				222
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $0, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $0)
	—	1.80% dated 06/30/2008				—
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $63, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $65)
	63	2.55% dated 06/30/2008				63
						598
		Securities Purchased with Proceeds from Security Lending — 10.8%
		Cash Collateral Reinvestment Fund:
	42,686	Goldman Sachs FS Prime Obligation/Institutional Fund				42,686
		Total short-term investments (cost $43,284)			$	43,284
		Total investments (cost $525,409) (C)	110.9	%	$	436,711
		Other assets and liabilities	(10.9	)%		(43,005	)
		Total net assets	100.0	%	$	393,706

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 18.44% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $528,145 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	28,870
Unrealized Depreciation		(120,304	)
Net Unrealized Depreciation	$	(91,434	)

(A)	The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Funds’ Board of Directors at June 30, 2008, was $14,786, which represents 3.76% of total net assets. This calculation excludes securities that are principally traded on certain foreign markets and whose prices were adjusted solely pursuant to a third party pricing service methodology approved by the Board of Directors.
(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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 June 30, 2008, was $5,180, which represents 1.32% 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
06/2007		3,040	Buck Holdings L.P.	$	3,044
		670	Impax Laboratories, Inc.		5,613
		—	National City Corp.		4,100
03/2007		230	Solar Cayman Ltd.		3,453

The aggregate value of these securities at June 30, 2008 was $14,786 which represents 3.76% of total net assets.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
British Pound (Sell)	$	8,937	$	8,798		07/31/08	$	(139	)

(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.

­ ­  182  ­ ­

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­ ­  183  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

FAS 157 Disclosure of Investment Valuation Hierarchy Levels
June 30, 2008 (Unaudited)
(000’s Omitted)

	Hartford		Hartford		Hartford
	Advisers		Capital Appreciation		Disciplined Equity
	HLS Fund		HLS Fund		HLS Fund
Assets:
Securities — Level 1	$	3,722,992	$	10,614,566	$	1,565,739
Securities — Level 2		2,930,625		3,785,310		110,681
Securities — Level 3		31,967		74,664		—
Total	$	6,685,584	$	14,474,540	$	1,676,420
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		44		38		—
Total	$	44	$	38	$	—
Liabilities:
Securities — Level 1	$	—	$	—	$	—
Total	$	—	$	—	$	—
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		4,158		61,881		—
Total	$	4,158	$	61,881	$	—

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and swap contracts, which are valued at the unrealized appreciation / depreciation on the investment.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value (000’s Omitted):

Assets:
Securities:
Balance as of December 31, 2007	$	13,641		$	57,740		$	—
Realized gain (loss)		—			—			—
Change in unrealized appreciation (depreciation)		(223	)		(17,788	)
Net purchases (sales)		(61	)		8,119			—
Transfers in and/or out of Level 3		18,610			26,593			—
Balance as of June 30, 2008	$	31,967		$	74,664		$	—
Other financial instruments:
Balance as of December 31, 2007	$	—		$	—		$	—
Realized gain (loss) *		—			—			—
Change in unrealized appreciation (depreciation)		—			—			—
Balance as of June 30, 2008	$	—		$	—		$	—
Liabilities:
Other financial instruments:
Balance as of December 31, 2007	$	—		$	—		$	—
Realized gain (loss) *		—			—			—
Change in unrealized appreciation (depreciation)		—			—			—
Balance as of June 30, 2008	$	—		$	—		$	—
* The realized gain (loss) earned during the six month period ended June 30, 2008, for other financial instruments	$	—		$	—		$	—

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

­ ­  184  ­ ­

Hartford		Hartford		Hartford		Hartford		Hartford		Hartford		Hartford		Hartford
Dividend and Growth		Equity Income		Fundamental Growth		Global Advisers		Global Communications		Global Equity		Global Financial Services		Global Growth
HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund
$	6,335,186	$	367,230	$	104,594	$	135,133	$	17,280	$	13,837	$	9,757	$	643,493
	296,498		13,632		3,358		239,152		7,193		6,700		10,983		522,606
	6,896		—		—		2,450		—		—		203		—
$	6,638,580	$	380,862	$	107,952	$	376,735	$	24,473	$	20,537	$	20,943	$	1,166,099
$	—	$	—	$	—	$	758	$	—	$	—	$	—	$	—
	—		—		—		1,015		—		—		—		6
$	—	$	—	$	—	$	1,773	$	—	$	—	$	—	$	6
$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
$	—	$	—	$	—	$	293	$	—	$	11	$	—	$	—
	—		—		—		2,133		—		—		—		15
$	—	$	—	$	—	$	2,426	$	—	$	11	$	—	$	15

$	—	$	—	$	—	$	3,670		$	—	$	—	$	—	$	—
	—		—		—		5			—		—		—		—
							12
	—		—		—		(1,522	)		—		—		—		—
	6,896		—		—		285			—		—		203		—
$	6,896	$	—	$	—	$	2,450		$	—	$	—	$	203	$	—
$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—
	—		—		—		—			—		—		—		—
	—		—		—		—			—		—		—		—
$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—
$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—
	—		—		—		—			—		—		—		—
	—		—		—		—			—		—		—		—
$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—
$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—

­ ­  185  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

FAS 157 Disclosure of Investment Valuation Hierarchy Levels — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

	Hartford		Hartford		Hartford
	Global Health		Global Technology		Growth
	HLS Fund		HLS Fund		HLS Fund
Assets:
Securities — Level 1	$	268,729	$	111,084	$	461,570
Securities — Level 2		84,662		26,473		47,125
Securities — Level 3		—		—		—
Total	$	353,391	$	137,557	$	508,695
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		—		—		—
Total	$	—	$	—	$	—
Liabilities:
Securities — Level 1	$	—	$	—	$	—
Total	$	—	$	—	$	—
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		—		—		—
Total	$	—	$	—	$	—

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and swap contracts, which are valued at the unrealized appreciation / depreciation on the investment.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value (000’s Omitted):

Assets:
Securities:
Balance as of December 31, 2007	$	1,948		$	—	$	—
Realized gain (loss)		—			—		—
Change in unrealized appreciation (depreciation)
Net purchases (sales)		—			—		—
Transfers in and/or out of Level 3		(1,948	)		—		—
Balance as of June 30, 2008	$	—		$	—	$	—
Other financial instruments:
Balance as of December 31, 2007	$	—		$	—	$	—
Realized gain (loss) *		—			—		—
Change in unrealized appreciation (depreciation)		—			—		—
Balance as of June 30, 2008	$	—		$	—	$	—
Liabilities:
Other financial instruments:
Balance as of December 31, 2007	$	—		$	—	$	—
Realized gain (loss) *		—			—		—
Change in unrealized appreciation (depreciation)		—			—		—
Balance as of June 30, 2008	$	—		$	—	$	—
* The realized gain (loss) earned during the six month period ended June 30, 2008, for other financial instruments	$	—		$	—	$	—

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

­ ­  186  ­ ­

Hartford						Hartford		Hartford		Hartford		Hartford
Growth		Hartford		Hartford		International		International		International		LargeCap		Hartford
Opportunities		High Yield		Index		Growth		Opportunities		Small Company		Growth		MidCap
HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund
$	1,320,430	$	38,334	$	1,326,661	$	190,400	$	482,147	$	39,545	$	142,246	$	2,707,629
	273,173		611,150		38,711		741,327		1,905,817		364,513		18,084		411,132
	—		13,396		—		—		—		1,119		—		—
$	1,593,603	$	662,880	$	1,365,372	$	931,727	$	2,387,964	$	405,177	$	160,330	$	3,118,761
$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
	—		—		—		465		98		13		—		—
$	—	$	—	$	—	$	465	$	98	$	13	$	—	$	—
$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
$	—	$	75	$	485	$	—	$	—	$	—	$	—	$	—
	—		97		—		597		316		12		—		—
$	—	$	172	$	485	$	597	$	316	$	12	$	—	$	—

$	—	$	8,021		$	—	$	—	$	—	$	—	$	—	$	—
	—		(156	)		—		—		—		—		—		—
			(493	)								173
	—		614			—		—		—		946		—		—
	—		5,410			—		—		—		—		—		—
$	—	$	13,396		$	—	$	—	$	—	$	1,119	$	—	$	—
$	—	$	—		$	—	$	—	$	—	$	—	$	—	$	—
	—		—			—		—		—		—		—		—
	—		—			—		—		—		—		—		—
$	—	$	—		$	—	$	—	$	—	$	—	$	—	$	—
$	—	$	—		$	—	$	—	$	—	$	—	$	—	$	—
	—		—			—		—		—		—		—		—
	—		—			—		—		—		—		—		—
$	—	$	—		$	—	$	—	$	—	$	—	$	—	$	—
$	—	$	63		$	—	$	—	$	—	$	—	$	—	$	—

­ ­  187  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

FAS 157 Disclosure of Investment Valuation Hierarchy Levels — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

	Hartford		Hartford		Hartford
	MidCap Growth		MidCap Value		Money Market
	HLS Fund		HLS Fund		HLS Fund
Assets:
Securities — Level 1	$	54,390	$	630,365	$	132,281
Securities — Level 2		12,056		184,104		3,406,699
Securities — Level 3		—		26,838		—
Total	$	66,446	$	841,307	$	3,538,980
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		—		—		—
Total	$	—	$	—	$	—
Liabilities:
Securities — Level 1	$	—	$	—	$	—
Total	$	—	$	—	$	—
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		—		—		—
Total	$	—	$	—	$	—

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and swap contracts, which are valued at the unrealized appreciation / depreciation on the investment.

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value (000’s Omitted):

Assets:
Securities:
Balance as of December 31, 2007	$	—	$	11,437		$	—
Realized gain (loss)		—		—			—
Change in unrealized appreciation (depreciation)				(994	)
Net purchases (sales)		—		7,000			—
Transfers in and/or out of Level 3		—		9,395			—
Balance as of June 30, 2008	$	—	$	26,838		$	—
Other financial instruments:
Balance as of December 31, 2007	$	—	$	—		$	—
Realized gain (loss) *		—		—			—
Change in unrealized appreciation (depreciation)		—		—			—
Balance as of June 30, 2008	$	—	$	—		$	—
Liabilities:
Other financial instruments:
Balance as of December 31, 2007	$	—	$	—		$	—
Realized gain (loss) *		—		—			—
Change in unrealized appreciation (depreciation)		—		—			—
Balance as of June 30, 2008	$	—	$	—		$	—
* The realized gain (loss) earned during the six month period ended June 30, 2008, for other financial instruments	$	—	$	—		$	—

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

­ ­  188  ­ ­

												Hartford
Hartford				Hartford						Hartford		U.S.				Hartford
Mortgage		Hartford		SmallCap		Hartford		Hartford		Total Return		Government		Hartford		Value
Securities		Small Company		Growth		SmallCap Value		Stock		Bond		Securities		Value		Opportunities
HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund		HLS Fund
$	6,133	$	1,444,453	$	729,862	$	68,051	$	3,218,903	$	22,489	$	24,554	$	423,979	$	342,992
	420,508		323,657		180,388		21,488		507,137		4,571,695		1,551,442		998		73,753
	31,763		—		—		—		26,164		85,592		51,774		—		19,966
$	458,404	$	1,768,110	$	910,250	$	89,539	$	3,752,204	$	4,679,776	$	1,627,770	$	424,977	$	436,711
$	277	$	—	$	—	$	—	$	—	$	6,454	$	325	$	—	$	—
	—		—		—		—		41		2,244		—		—		—
$	277	$	—	$	—	$	—	$	41	$	8,698	$	325	$	—	$	—
$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
$	288	$	825	$	63	$	35	$	—	$	5,194	$	2,325	$	—	$	—
	—		—		—		—		3,943		4,818		—		—		139
$	288	$	825	$	63	$	35	$	3,943	$	10,012	$	2,325	$	—	$	139

$	41,346		$	—	$	—	$	—	$	9,887	$	139,082		$	112,165		$	—	$	11,921
	(519	)		—		—		—		—		(5,444	)		(554	)		—		—
	(8,808	)										(15,874	)		(15,935	)				(1,414	)
	(256	)		—		—		—		—		(6,032	)		(194	)		—		4,100
	—			—		—		—		16,277		(26,140	)		(43,708	)		—		5,359
$	31,763		$	—	$	—	$	—	$	26,164	$	85,592		$	51,774		$	—	$	19,966
$	—		$	—	$	—	$	—	$	—	$	5,495		$	—		$	—	$	—
	—			—		—		—		—		—			—			—		—
	—			—		—		—		—		(5,495	)		—			—		—
$	—		$	—	$	—	$	—	$	—	$	—		$	—		$	—	$	—
$	—		$	—	$	—	$	—	$	—	$	3,531		$	—		$	—	$	—
	—			—		—		—		—		—			—			—		—
	—			—		—		—		—		(3,531	)		—			—		—
$	—		$	—	$	—	$	—	$	—	$	—		$	—		$	—	$	—
$	—		$	—	$	—	$	—	$	—	$	17,384		$	—		$	—	$	—

­ ­  189  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Assets and Liabilities
June 30, 2008 (Unaudited)
(000’s Omitted)

				Hartford
	Hartford			Capital		Hartford
	Advisers			Appreciation		Disciplined Equity
	HLS Fund			HLS Fund		HLS Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market)@	$	6,685,584		$	14,474,540	$	1,676,420
Cash		—			877		3,653	*
Foreign currency on deposit with custodian #		—			798		—
Unrealized appreciation on forward foreign currency contracts		44			38		—
Unrealized appreciation on forward bonds		—			—		—
Unrealized appreciation on swap contracts		—			—		—
Receivables:
Investment securities sold		98,127			85,021		4,149
Fund shares sold		1,273			5,854		811
Dividends and interest		26,041			20,040		1,283
Variation margin		—			—		—
Other assets		9			15		2
Total assets		6,811,078			14,587,183		1,686,318
Liabilities:
Unrealized depreciation on forward foreign currency contracts		4,158			61,881		—
Unrealized depreciation on forward bonds		—			—		—
Unrealized depreciation on swap contracts		—			—		—
Bank overdraft — U.S. Dollars		77			—		—
Payable upon return of securities loaned (Note 2d) >		700,842			1,566,587		109,682
Payables:
Investment securities purchased		106,738			74,021		2,903
Fund shares redeemed		7,704			13,110		1,734
Variation margin		—			—		—
Investment management and advisory fees (Note 5)		334			765		104
Administrative fee		165			354		43
Distribution fees (Note 5)		30			83		9
Accrued expenses		759			1,383		145
Written options and swap contracts		—			—		610
Total liabilities		820,807			1,718,184		115,230
Net assets	$	5,990,271		$	12,868,999	$	1,571,088
Summary of Net Assets:
Capital stock and paid-in-capital	$	6,592,708		$	12,546,713	$	1,612,716
Accumulated undistributed (distributions in excess of) net investment income (loss)		75,902			92,425		7,134
Accumulated net realized gain (loss) on investments and foreign currency transactions		(27,351	)		47,209		(32,285	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(650,988	)		182,652		(16,477	)
Net assets	$	5,990,271		$	12,868,999	$	1,571,088
Shares authorized		9,500,000			5,000,000		3,500,000
Par value	$	0.001		$	0.001	$	0.001
Class IA: Net asset value per share	$	18.83		$	43.58	$	12.01
Shares outstanding		272,605			239,808		108,356
Net assets	$	5,133,865		$	10,450,338	$	1,300,872
Class IB: Net asset value per share	$	19.00		$	43.12	$	11.92
Shares outstanding		45,084			56,093		22,674
Net assets	$	856,406		$	2,418,661	$	270,216
@ Cost of securities	$	7,332,458		$	14,230,108	$	1,692,813
@ Market value of securities on loan	$	676,583		$	1,478,014	$	105,683
#  Cost of foreign currency on deposit with custodian	$	—		$	847	$	—
> Market value of non-cash collateral for securities lending valued at	$	—		$	—	$	—

* Cash of $3,694 is pledged as collateral for open put options. Additionally, the Fund has an overdraft of $41.

­ ­  190  ­ ­

								Hartford
Hartford		Hartford			Hartford			Global		Hartford			Hartford			Hartford				Hartford
Dividend and Growth		Equity Income			Fundamental Growth			Advisers		Global Communications			Global Equity			Global Financial Services				Global Growth
HLS Fund		HLS Fund			HLS Fund			HLS Fund		HLS Fund			HLS Fund			HLS Fund				HLS Fund
$	6,638,580	$	380,862		$	107,952		$	376,735	$	24,473		$	20,537		$	20,943			$	1,166,099
	229		17			—			228		67			40			1				548
	—		—			—			57		22			5			—				322
	—		—			—			573		—			—			—				6
	—		—			—			442		—			—			—				—
	—		—			—			—		—			—			—				—
	14,322		193			307			31,361		—			191			—				23,048
	5,006		88			2,182			450		31			13			10				588
	7,939		1,024			29			2,270		39			28			48				867
	—		—			—			87		—			—			—				—
	12		1			7			1		—			3			—				1
	6,666,088		382,185			110,477			412,204		24,632			20,817			21,002				1,191,479
	—		—			—			1,696		—			—			—				15
	—		—			—			437		—			—			—				—
	—		—			—			—		—			—			—				—
	—		—			7			—		—			—			—				—
	296,498		4,982			3,358			17,355		1,527			—			1,020				125,260
	26,269		—			393			37,270		—			98			—				10,388
	9,772		316			194			234		63			—			97				1,314
	—		—			—			190		—			—			—				—
	381		32			8			27		2			2			2				74
	173		10			3			10		1			—			—				29
	42		2			1			2		—			—			—				8
	587		38			19			42		14			3			20				127
	—		—			—			—		—			—			—				—
	333,722		5,380			3,983			57,263		1,607			103			1,139				137,215
$	6,332,366	$	376,805		$	106,494		$	354,941	$	23,025		$	20,714		$	19,863			$	1,054,264
$	5,617,590	$	371,409		$	108,761		$	324,625	$	19,712		$	21,234		$	23,759			$	911,587
	66,820		5,831			140			2,336		457			150			416				3,915
	222,396		9,851			(2,313	)		2,044		(211	)		(173	)		(1,360	)			5,596
	425,560		(10,286	)		(94	)		25,936		3,067			(497	)		(2,952	)			133,166
$	6,332,366	$	376,805		$	106,494		$	354,941	$	23,025		$	20,714		$	19,863			$	1,054,264
	4,000,000		800,000			800,000			1,000,000		800,000			800,000			800,000				3,400,000
$	0.001	$	0.001		$	0.001		$	0.001	$	0.001		$	0.001		$	0.001			$	0.001
$	19.92	$	11.80		$	9.41		$	12.34	$	6.96		$	9.79		$	6.60			$	18.64
	257,007		27,307			7,556			23,781		1,585			1,982			1,754				44,239
$	5,118,800	$	322,187		$	71,133		$	293,381	$	11,027		$	19,394		$	11,581			$	824,559
$	19.83	$	11.78		$	9.37		$	12.27	$	6.90		$	9.78		$	6.60			$	18.48
																			��
	61,204		4,636			3,774			5,016		1,739			135			1,256				12,429
$	1,213,566	$	54,618		$	35,361		$	61,560	$	11,998		$	1,320		$	8,282			$	229,705
$	6,213,020	$	391,148		$	108,046		$	350,295	$	21,407		$	21,023		$	23,895			$	1,032,947
$	283,681	$	4,744		$	3,284		$	16,836	$	1,495		$	—		$	924			$	121,163
$	—	$	—		$	—		$	57	$	20		$	5		$	—			$	313
$	—	$	—		$	—		$	—	$	—		$	—		$	—			$	184

­ ­  191  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Assets and Liabilities — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

			Hartford
	Hartford		Global			Hartford
	Global Health		Technology			Growth
	HLS Fund		HLS Fund			HLS Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market)@	$	353,391	$	137,557		$	508,695
Cash		—		11			1
Foreign currency on deposit with custodian #		—		149			—
Unrealized appreciation on forward foreign currency contracts		—		—			—
Unrealized appreciation on forward bonds		—		—			—
Unrealized appreciation on swap contracts		—		—			—
Receivables:
Investment securities sold		1,998		3,684			7,814
Fund shares sold		133		76			1,067
Dividends and interest		69		29			277
Variation margin		—		—			—
Other assets		1		—			1
Total assets		355,592		141,506			517,855
Liabilities:
Unrealized depreciation on forward foreign currency contracts		—		—			—
Unrealized depreciation on swap contracts		—		—			—
Bank overdraft — U.S. Dollars		15		—			—
Bank overdraft — foreign cash		—		—			81
Payable upon return of securities loaned (Note 2d) >		27,309		14,144			22,381
Payables:
Investment securities purchased		—		2,643			5,069
Fund shares redeemed		771		430			442
Variation margin		—		—			—
Investment management and advisory fees (Note 5)		28		11			40
Administrative fee		9		4			13
Distribution fees (Note 5)		3		1			5
Accrued expenses		40		24			46
Total liabilities		28,175		17,257			28,077
Net assets	$	327,417	$	124,249		$	489,778
Summary of Net Assets:
Capital stock and paid-in-capital	$	314,699	$	149,741		$	449,205
Accumulated undistributed (distributions in excess of) net investment income (loss)		987		(181	)		251
Accumulated net realized gain (loss) on investments and foreign currency transactions		4,237		(24,973	)		(8,068	)
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		7,494		(338	)		48,390
Net assets	$	327,417	$	124,249		$	489,778
Shares authorized		800,000		800,000			800,000
Par value	$	0.001	$	0.001		$	0.001
Class IA: Net asset value per share	$	13.97	$	6.18		$	11.96
Shares outstanding		17,364		14,360			28,714
Net assets	$	242,618	$	88,694		$	343,361
Class IB: Net asset value per share	$	13.70	$	6.08		$	11.76
Shares outstanding		6,191		5,849			12,455
Net assets	$	84,799	$	35,555		$	146,417
@ Cost of securities	$	345,897	$	137,895		$	460,305
@ Market value of securities on loan	$	26,647	$	13,557		$	21,685
#  Cost of foreign currency on deposit with custodian	$	—	$	149		$	—
> Market value of non-cash collateral for securities lending valued at	$	—	$	—		$	—

­ ­  192  ­ ­

Hartford								Hartford			Hartford			Hartford			Hartford
Growth			Hartford			Hartford		International			International			International			LargeCap			Hartford
Opportunities			High Yield			Index		Growth			Opportunities			Small Company			Growth			MidCap
HLS Fund			HLS Fund			HLS Fund		HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund
$	1,593,603		$	662,880		$	1,365,372	$	931,727		$	2,387,964		$	405,177		$	160,330		$	3,118,761
	—			—			—		1,297			4,475			32			—			1,938
	—			2,918			—		9,434			216			—			—			749
	—			—			—		465			98			13			—			—
	—			—			—		—			—			—			—			—
	—			—			—		—			—			—			—			—
	255			17,057			30		43,466			55,790			4,514			20,764			17,195
	2,576			1,062			522		331			1,585			222			53			1,027
	885			11,347			1,757		1,178			4,174			470			90			1,626
	—			51			15		—			—			—			—			—
	3			5			7		3			2			7			1			13
	1,597,322			695,320			1,367,703		987,901			2,454,304			410,435			181,238			3,141,309
	—			57			—		597			316			12			—			—
	—			40			—		—			—			—			—			—
	—			—			18		—			—			—			213			—
	—			—			—		—			—			—			—			—
	117,864			61,081			37,316		102,692			336,292			61,566			18,034			343,422
	9,726			21,318			911		23,756			47,295			8,820			20,090			24,999
	2,764			2,563			2,258		1,863			2,022			855			412			1,859
	—			—			4		—			—			—			—			—
	122			41			18		69			132			30			13			174
	—			17			37		24			57			9			—			76
	8			6			8		8			12			3			—			9
	127			87			175		82			191			53			32			199
	130,611			85,210			40,745		129,091			386,317			71,348			38,794			370,738
$	1,466,711		$	610,110		$	1,326,958	$	858,810		$	2,067,987		$	339,087		$	142,444		$	2,770,571
$	1,388,960		$	678,242		$	1,205,157	$	919,232		$	1,982,582		$	359,327		$	200,548		$	2,574,703
	2,816			25,985			12,903		6,856			28,119			1,036			418			5,336
	(8,322	)		(53,983	)		7,546		(44,692	)		79,511			4,618			(56,855	)		31,845
	83,257			(40,134	)		101,352		(22,586	)		(22,225	)		(25,894	)		(1,667	)		158,687
$	1,466,711		$	610,110		$	1,326,958	$	858,810		$	2,067,987		$	339,087		$	142,444		$	2,770,571
	700,000			2,800,000			4,000,000		800,000			2,625,000			800,000			700,000			2,400,000
$	0.001		$	0.001		$	0.001	$	0.001		$	0.001		$	0.001		$	0.001		$	0.001
$	28.06		$	8.65		$	27.33	$	11.22		$	13.32		$	13.37		$	15.70		$	24.54
	44,316			48,842			40,606		55,334			129,967			19,336			9,050			101,798
$	1,243,295		$	422,516		$	1,109,712	$	620,977		$	1,731,321		$	258,431		$	142,097		$	2,498,218
$	27.71		$	8.56		$	27.17	$	11.12		$	13.44		$	13.22		$	15.69		$	24.25
	8,063			21,911			7,996		21,380			25,041			6,100			22			11,230
$	223,416		$	187,594		$	217,246	$	237,833		$	336,666		$	80,656		$	347		$	272,353
$	1,510,346		$	702,876		$	1,263,534	$	954,272		$	2,409,909		$	431,067		$	161,997		$	2,960,085
$	115,316		$	59,833		$	35,341	$	98,608		$	322,617		$	59,558		$	19,906		$	364,374
$	—		$	2,884		$	—	$	9,441		$	199		$	—		$	—		$	739
$	—		$	—		$	—	$	—		$	—		$	1,243		$	2,328		$	30,293

­ ­  193  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Assets and Liabilities — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

	Hartford			Hartford			Hartford
	MidCap Growth			MidCap Value			Money Market
	HLS Fund			HLS Fund			HLS Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market)@	$	66,446		$	841,307		$	3,538,980
Cash		—			11			74
Foreign currency on deposit with custodian #		—			—			—
Unrealized appreciation on forward foreign currency contracts		—			—			—
Unrealized appreciation on forward bonds		—			—			—
Unrealized appreciation on swap contracts		—			—			—
Receivables:
Investment securities sold		33,149			4,868			—
Fund shares sold		147			65			21,721
Dividends and interest		25			720			3,256
Variation margin		—			—			—
Other assets		3			1			49
Total assets		99,770			846,972			3,564,080
Liabilities:
Unrealized depreciation on forward foreign currency contracts		—			—			—
Unrealized depreciation on swap contracts		—			—			—
Bank overdraft — U.S. Dollars		—			—			—
Payable upon return of securities loaned (Note 2d) >		11,981			138,706			—
Payables:
Investment securities purchased		34,833			4,746			—
Fund shares redeemed		208			1,362			9,712
Variation margin		—			—			—
Investment management and advisory fees (Note 5)		6			56			109
Administrative fee		—			19			95
Distribution fees (Note 5)		—			7			20
Accrued expenses		14			83			134
Total liabilities		47,042			144,979			10,070
Net assets	$	52,728		$	701,993		$	3,554,010
Summary of Net Assets:
Capital stock and paid-in-capital	$	57,689		$	774,067		$	3,554,010
Accumulated undistributed (distributions in excess of) net investment income (loss)		119			2,460			—
Accumulated net realized gain (loss) on investments and foreign currency transactions		(4,430	)		(42,100	)		—
Unrealized appreciation (depreciation) of investments and the translations of assets and liabilities denominated in foreign currency		(650	)		(32,434	)		—
Net assets	$	52,728		$	701,993		$	3,554,010
Shares authorized		800,000			1,200,000			14,000,000
Par value	$	0.001		$	0.001		$	0.001
Class IA: Net asset value per share	$	9.11		$	8.29		$	1.00
Shares outstanding		5,652			58,917			2,977,691
Net assets	$	51,506		$	488,430		$	2,977,691
Class IB: Net asset value per share	$	9.11		$	8.24		$	1.00
Shares outstanding		134			25,914			576,319
Net assets	$	1,222		$	213,563		$	576,319
@ Cost of securities	$	67,095		$	873,743		$	3,538,980
@ Market value of securities on loan	$	11,893		$	133,927		$	—
#  Cost of foreign currency on deposit with custodian	$	—		$	—		$	—
> Market value of non-cash collateral for securities lending valued at	$	199		$	—		$	—

­ ­  194  ­ ­

																		Hartford
Hartford			Hartford			Hartford			Hartford						Hartford			U.S.					Hartford
Mortgage			Small			SmallCap			SmallCap			Hartford			Total Return			Government			Hartford		Value
Securities			Company			Growth			Value			Stock			Bond			Securities			Value		Opportunities
HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund		HLS Fund
$	458,404		$	1,768,110		$	910,250		$	89,539		$	3,752,204		$	4,679,776		$	1,627,770		$	424,977	$	436,711
	42			—			—			133			—			1,263			—			517		—
	—			—			—			—			—			7,281			2			—		143
	—			—			—			—			41			2,244			—			—		—
	—			—			—			—			—			—			—			—		—
	—			—			—			—			—			—			—			—		—
	3			247,204			29,118			3,836			33,065			184,536			59,474			—		1,313
	113			2,141			1,032			87			506			6,732			944			705		307
	2,593			391			323			140			2,950			43,194			11,634			874		201
	41			101			2			1			—			876			289			—		—
	—			5			1			—			5			6			1			8		8
	461,196			2,017,952			940,726			93,736			3,788,771			4,925,908			1,700,114			427,081		438,683
	—			—			—			—			3,943			4,818			—			—		139
	—			—			—			—			—			—			—			—		—
	—			2,718			—			—			481			—			16			—		4
	—			291,247			180,029			20,367			221,756			220,494			361,211			998		42,686
	60,208			227,918			25,012			3,987			13,136			212,543			59,297			—		412
	1,250			1,504			2,227			753			4,756			3,669			3,399			509		1,627
	—			749			53			11			—			200			73			—		—
	14			98			62			9			128			159			79			35		34
	11			41			—			—			98			122			—			12		—
	3			10			7			—			17			33			10			4		3
	64			119			94			29			460			322			85			35		72
	61,550			524,404			207,484			25,156			244,775			442,360			424,170			1,593		44,977
$	399,646		$	1,493,548		$	733,242		$	68,580		$	3,543,996		$	4,483,548		$	1,275,944		$	425,488	$	393,706
$	438,594		$	1,508,234		$	794,443		$	83,601		$	4,133,396		$	4,586,646		$	1,315,907		$	387,927	$	521,580
	10,895			764			1,271			586			25,672			117,964			28,978			3,497		3,428
	(20,356	)		(12,031	)		(62,425	)		(4,310	)		(14,694	)		(49,434	)		(17,750	)		9,088		(42,467	)
	(29,487	)		(3,419	)		(47	)		(11,297	)		(600,378	)		(171,628	)		(51,191	)		24,976		(88,835	)
$	399,646		$	1,493,548		$	733,242		$	68,580		$	3,543,996		$	4,483,548		$	1,275,944		$	425,488	$	393,706
	1,200,000			1,500,000			700,000			700,000			4,000,000			5,000,000			700,000			800,000		700,000
$	0.001		$	0.001		$	0.001		$	0.001		$	0.001		$	0.001		$	0.001		$	0.001	$	0.001
$	10.38		$	16.66		$	17.27		$	9.30		$	40.09		$	11.08		$	10.70		$	10.89	$	12.48
	29,325			72,597			31,131			7,341			76,023			317,900			92,920			29,724		25,355
$	304,486		$	1,209,135		$	537,750		$	68,243		$	3,047,762		$	3,521,534		$	994,047		$	323,676	$	316,505
$	10.30		$	16.27		$	17.21		$	9.26		$	39.94		$	11.01		$	10.66		$	10.85	$	12.40
	9,237			17,480			11,360			36			12,424			87,371			26,448			9,381		6,224
$	95,160		$	284,413		$	195,492		$	337		$	496,234		$	962,014		$	281,897		$	101,812	$	77,201
$	487,880		$	1,770,707		$	910,234		$	100,801		$	4,348,680		$	4,850,187		$	1,676,961		$	400,001	$	525,409
$	—		$	283,961		$	175,345		$	19,855		$	265,768		$	215,939		$	353,950		$	943	$	39,966
$	—		$	—		$	—		$	—		$	—		$	7,205		$	2		$	—	$	143
$	—		$	—		$	—		$	47		$	52,799		$	—		$	—		$	—	$	—

­ ­  195  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Operations
For the Six-Month Period Ended June 30, 2008
(000’s Omitted)

	Hartford			Hartford			Hartford
	Advisers			Capital Appreciation			Disciplined Equity
	HLS Fund			HLS Fund			HLS Fund
Investment Income:
Dividends	$	41,140		$	112,948		$	12,984
Interest		55,769			8,165			220
Securities lending		2,518			5,315			222
Less: Foreign tax withheld		(1,004	)		(5,131	)		—
Total investment income, net		98,423			121,297			13,426
Expenses:
Investment management and advisory fees		13,319			29,286			4,000
Administrative service fees		6,590			13,577			1,677
Distribution fees — Class IB		1,191			3,283			369
Custodian fees		55			218			7
Accounting services		511			1,100			101
Board of Directors’ fees		57			111			15
Other expenses		588			1,189			145
Total expenses (before waivers and fees paid indirectly)		22,311			48,764			6,314
Commission recapture		(135	)		(294	)		(21	)
Custodian fee offset		(61	)		(19	)		(1	)
Total waivers and fees paid indirectly		(196	)		(313	)		(22	)
Total expenses, net		22,115			48,451			6,292
Net investment income (loss)		76,308			72,846			7,134
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net realized gain (loss) on investments		27,423			101,881			(15,579	)
Net realized gain (loss) on futures, options and swap contracts		169	*		—			(1,728	)†
Net realized gain (loss) on foreign currency transactions		(15,410	)		(1,067	)		—
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		12,182			100,814			(17,307	)
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(755,150	)		(1,465,817	)		(219,109	)
Net unrealized appreciation (depreciation) of futures, written options and swap contracts		—			—			215
Net unrealized appreciation (depreciation) on translation of other assets and liabilities in foreign currencies		(4,632	)		(52,802	)		—
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(759,782	)		(1,518,619	)		(218,894	)
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(747,600	)		(1,417,805	)		(236,201	)
Payment from Affiliate (See Note 5h on accompanying Notes to Financial Statements		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(671,292	)	$	(1,344,959	)	$	(229,067	)

*	Realized gains on written options were $169 for the Advisers Fund.
†	Realized gains on written options were $1,452 for the Disciplined Equity Fund.

­ ­  196  ­ ­

			Hartford						Hartford						Hartford			Hartford			Hartford
Hartford			Equity			Hartford			Global			Hartford			Global			Global			Global
Dividend and Growth			Income			Fundamental Growth			Advisers			Global Communications			Equity			Financial Services			Growth
HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund
$	90,034		$	7,657		$	539		$	1,489		$	647		$	263		$	590		$	8,062
	1,054			44			34			3,459			5			11			5			189
	1,599			5			7			66			23			—			17			915
	(1,803	)		(77	)		(4	)		(144	)		(78	)		(38	)		(62	)		(768	)
	90,884			7,629			576			4,870			597			236			550			8,398
	14,723			1,246			278			1,017			83			63			77			2,842
	6,724			412			93			364			26			17			24			1,133
	1,667			77			41			79			16			1			13			315
	4			5			5			12			5			1			4			20
	453			21			5			33			1			1			1			79
	58			4			1			3			—			—			—			11
	517			39			14			42			8			3			12			113
	24,146			1,804			437			1,550			139			86			131			4,513
	(80	)		(6	)		(1	)		(3	)		—			—			(1	)		(16	)
	(2	)		—			—			(1	)		—			—			—			(2	)
	(82	)		(6	)		(1	)		(4	)		—			—			(1	)		(18	)
	24,064			1,798			436			1,546			139			86			130			4,495
	66,820			5,831			140			3,324			458			150			420			3,903
	229,852			9,896			(2,091	)		29			195			(165	)		(593	)		6,247
	—			—			—			3,051			—			(5	)		—			—
	—			(7	)		—			(950	)		(2	)		(3	)		7			86
	229,852			9,889			(2,091	)		2,130			193			(173	)		(586	)		6,333
	(947,170	)		(69,481	)		(5,429	)		(35,640	)		(4,435	)		(486	)		(5,225	)		(191,843	)
	—			—			—			669			—			(11	)		—			—
	—			—			—			64			1			—			(2	)		11
	(947,170	)		(69,481	)		(5,429	)		(34,907	)		(4,434	)		(497	)		(5,227	)		(191,832	)
	(717,318	)		(59,592	)		(7,520	)		(32,777	)		(4,241	)		(670	)		(5,813	)		(185,499	)
$	(650,498	)	$	(53,761	)	$	(7,380	)	$	(29,453	)	$	(3,783	)	$	(520	)	$	(5,393	)	$	(181,596	)

­ ­  197  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Operations — (continued)
For the Six-Month Period Ended June 30, 2008
(000’s Omitted)

	Hartford			Hartford			Hartford
	Global Health			Global Technology			Growth
	HLS Fund			HLS Fund			HLS Fund
Investment Income:
Dividends	$	2,663		$	429		$	2,371
Interest		18			18			78
Securities lending		123			24			176
Less: Foreign tax withheld		(179	)		(9	)		(87	)
Total investment income, net		2,625			462			2,538
Expenses:
Investment management and advisory fees		1,104			419			1,506
Administrative service fees		347			129			503
Distribution fees — Class IB		114			46			198
Custodian fees		8			7			4
Accounting services		17			7			25
Board of Directors’ fees		4			1			5
Other expenses		51			36			64
Total expenses (before waivers and fees paid indirectly)		1,645			645			2,305
Commission recapture		(6	)		(2	)		(18	)
Custodian fee offset		—			—			—
Total waivers and fees paid indirectly		(6	)		(2	)		(18	)
Total expenses, net		1,639			643			2,287
Net investment income (loss)		986			(181	)		251
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net realized gain (loss) on investments		5,892			(1,271	)		(7,048	)
Net realized gain (loss) on futures, options and swap contracts		—			—			—
Net realized gain (loss) on foreign currency transactions		(29	)		(2	)		(34	)
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		5,863			(1,273	)		(7,082	)
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(40,135	)		(13,840	)		(39,528	)
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		(40,135	)		(13,840	)		(39,528	)
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(34,272	)		(15,113	)		(46,610	)
Payment from Affiliate (See Note 5h on accompanying Notes to Financial Statements		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(33,286	)	$	(15,294	)	$	(46,359	)

­ ­  198  ­ ­

Hartford									Hartford			Hartford			Hartford			Hartford
Growth			Hartford			Hartford			International			International			International			LargeCap			Hartford
Opportunities			High Yield			Index			Growth			Opportunities			Small Company			Growth			MidCap
HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund
$	7,299		$	81		$	15,156		$	11,996		$	39,844		$	5,717		$	850		$	13,038
	301			28,218			152			337			800			30			4			553
	439			416			424			1,212			2,857			606			68			1,445
	(217	)		—			(1	)		(1,551	)		(5,040	)		(604	)		—			(59	)
	7,822			28,715			15,731			11,994			38,461			5,749			922			14,977
	4,505			1,579			731			2,806			5,047			1,144			487			6,271
	—			639			1,462			952			2,170			361			—			2,747
	294			252			297			340			449			110			—			338
	163			11			12			37			79			32			3			8
	—			57			73			76			174			30			—			165
	11			6			12			8			17			4			2			22
	115			69			133			94			163			39			12			153
	5,088			2,613			2,720			4,313			8,099			1,720			504			9,704
	(82	)		—			—			(53	)		(21	)		(4	)		—			(57	)
	—			(1	)		(4	)		(1	)		(10	)		—			—			(3	)
	(82	)		(1	)		(4	)		(54	)		(31	)		(4	)		—			(60	)
	5,006			2,612			2,716			4,259			8,068			1,716			504			9,644
	2,816			26,103			13,015			7,735			30,393			4,033			418			5,333
	(6,508	)		(28,552	)		30,648			(40,870	)		87,642			5,137			(11,470	)		32,708
	—			1,049			(1,848	)		—			—			—			(8	)		—
	(280	)		(218	)		—			(1,351	)		(917	)		(164	)		—			(87	)
	(6,788	)		(27,721	)		28,800			(42,221	)		86,725			4,973			(11,478	)		32,621
	(185,075	)		(12,705	)		(234,435	)		(172,552	)		(389,667	)		(46,491	)		(6,513	)		(129,201	)
	—			(197	)		(511	)		—			—			—			—			—
	—			213			—			(62	)		(233	)		(12	)		—			22
	(185,075	)		(12,689	)		(234,946	)		(172,614	)		(389,900	)		(46,503	)		(6,513	)		(129,179	)
	(191,863	)		(40,410	)		(206,146	)		(214,835	)		(303,175	)		(41,530	)		(17,991	)		(96,558	)
$	(189,047	)	$	(14,307	)	$	(193,131	)	$	(207,100	)	$	(272,782	)	$	(37,497	)	$	(17,573	)	$	(91,225	)

­ ­  199  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Operations — (continued)
For the Six-Month Period Ended June 30, 2008
(000’s Omitted)

	Hartford			Hartford			Hartford
	MidCap Growth			MidCap Value			Money Market
	HLS Fund			HLS Fund			HLS Fund
Investment Income:
Dividends	$	265		$	5,301		$	—
Interest		6			82			52,544
Securities lending		55			455			—
Less: Foreign tax withheld		—			(59	)		—
Total investment income, net		326			5,779			52,544
Expenses:
Investment management and advisory fees		193			2,232			3,843
Administrative service fees		—			779			3,345
Distribution fees — Class IB		—			308			697
Custodian fees		4			8			2
Accounting services		—			39			167
Board of Directors’ fees		1			9			23
Other expenses		9			64			175
Total expenses (before waivers and fees paid indirectly)		207			3,439			8,252
Expense waivers		—			—			(836	)
Commission recapture		—			(30	)		—
Custodian fee offset		—			—			(2	)
Total waivers and fees paid indirectly		—			(30	)		(838	)
Total expenses, net		207			3,409			7,414
Net investment income (loss)		119			2,370			45,130
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net realized gain (loss) on investments		(4,261	)		(39,615	)		—
Net realized gain (loss) on futures, options and swap contracts		(76	)		—			—
Net realized gain (loss) on foreign currency transactions		—			(23	)		—
Net Realized Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(4,337	)		(39,638	)		—
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions:
Net unrealized appreciation (depreciation) of investments		(1,162	)		(100,311	)		—
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		—			2			—
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(1,162	)		(100,309	)		—
Net Gain (Loss) on Investments, Futures, Options and Swap Contracts and Foreign Currency Transactions		(5,499	)		(139,947	)		—
Payment from Affiliate (See Note 5h on accompanying Notes to Financial Statements		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(5,380	)	$	(137,577	)	$	45,130

‡	Realized gains on written options were $15,773 for the Total Return Bond Fund.
§	Realized gains on written options were $396 for the U.S. Government Securities Fund.

­ ­  200  ­ ­

															Hartford			Hartford						Hartford
Hartford			Hartford			Hartford			Hartford			Hartford			Total			U.S. Government			Hartford			Value
Mortgage Securities			Small Company			SmallCap Growth			SmallCap Value			Stock			Return Bond			Securities			Value			Opportunities
HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund			HLS Fund
$	—		$	4,452		$	2,045		$	755		$	36,075		$	1,086		$	—		$	5,295		$	5,104
	12,072			499			216			32			245			130,657			30,965			144			46
	—			1,742			937			126			892			822			1,274			9			339
	—			(155	)		—			(1	)		(806	)		(6	)		—			(19	)		(187	)
	12,072			6,538			3,198			912			36,406			132,559			32,239			5,429			5,302
	540			3,544			2,382			319			5,175			5,851			2,910			1,302			1,481
	432			1,496			—			—			3,966			4,507			—			431			—
	130			363			255			—			705			1,259			374			140			123
	2			29			14			5			19			71			2			3			24
	26			90			—			—			198			406			—			22			—
	5			13			8			1			34			35			9			4			4
	42			127			86			22			376			293			77			39			49
	1,177			5,662			2,745			347			10,473			12,422			3,372			1,941			1,681
	—			—			—			—			—			—			—			—			—
	—			(42	)		(1	)		—			(123	)		—			—			(9	)		(8	)
	(1	)		(7	)		(4	)		(1	)		(1	)		(8	)		(1	)		—			—
	(1	)		(49	)		(5	)		(1	)		(124	)		(8	)		(1	)		(9	)		(8	)
	1,176			5,613			2,740			346			10,349			12,414			3,371			1,932			1,673
	10,896			925			458			566			26,057			120,145			28,868			3,497			3,629
	(464	)		1,120			(58,049	)		(3,648	)		40,514			(59,502	)		4,554			9,635			(27,365	)
	2,630			(1,610	)		(59	)		(28	)		—			29,369	‡		8,000	§		—			—
	—			65			—			—			(14,590	)		8,362			(110	)		—			(71	)
	2,166			(425	)		(58,108	)		(3,676	)		25,924			(21,771	)		12,444			9,635			(27,436	)
	(19,094	)		(170,614	)		(2,481	)		(6,843	)		(675,533	)		(103,622	)		(37,352	)		(58,540	)		(74,270	)
	(335	)		(879	)		(67	)		(35	)		—			(4,198	)		(3,051	)		—			—
	—			(1	)		—			—			(4,392	)		(5,367	)		110			—			(136	)
	(19,429	)		(171,494	)		(2,548	)		(6,878	)		(679,925	)		(113,187	)		(40,293	)		(58,540	)		(74,406	)
	(17,263	)		(171,919	)		(60,656	)		(10,554	)		(654,001	)		(134,958	)		(27,849	)		(48,905	)		(101,842	)
$	(6,367	)	$	(170,994	)	$	(60,198	)	$	(9,988	)	$	(627,944	)	$	(14,813	)	$	1,019		$	(45,408	)	$	(98,213	)

­ ­  201  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Changes in Net Assets

(000’s Omitted)

	Hartford						Hartford
	Advisers						Capital Appreciation
	HLS Fund						HLS Fund
	For the						For the
	Six-Month						Six-Month
	Period Ended			For the			Period Ended			For the
	June 30, 2008			Year Ended			June 30, 2008			Year Ended
	(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
Operations:
Net investment income (loss)	$	76,308		$	168,591		$	72,846		$	91,811
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		12,182			712,989			100,814			2,986,342
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(759,782	)		(348,371	)		(1,518,619	)		(780,179	)
Payment from (to) affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		(671,292	)		533,209			(1,344,959	)		2,297,974
Distributions to Shareholders:
From net investment income
Class IA		(10,127	)		(142,547	)		(744	)		(14,174	)
Class IB		(1,676	)		(21,144	)		—			(1,723	)
From net realized gain on investments
Class IA		(30,654	)		(690,218	)		(938,544	)		(1,956,055	)
Class IB		(5,075	)		(118,127	)		(219,930	)		(475,949	)
Total distributions		(47,532	)		(972,036	)		(1,159,218	)		(2,447,901	)
Capital Share Transactions:
Class IA
Sold		79,304			139,185			421,045			633,897
Issued on reinvestment of distributions		40,781			832,765			939,288			1,970,229
Redeemed		(663,757	)		(1,512,219	)		(1,010,127	)		(2,115,211	)
Total capital share transactions		(543,672	)		(540,269	)		350,206			488,915
Class IB
Sold		32,402			49,742			209,458			345,742
Issued on reinvestment of distributions		6,751			139,271			219,930			477,672
Redeemed		(157,860	)		(298,662	)		(464,157	)		(662,081	)
Total capital share transactions		(118,707	)		(109,649	)		(34,769	)		161,333
Net increase (decrease) from capital share transactions		(662,379	)		(649,918	)		315,437			650,248
Net increase (decrease) in net assets		(1,381,203	)		(1,088,745	)		(2,188,740	)		500,321
Net Assets:
Beginning of period		7,371,474			8,460,219			15,057,739			14,557,418
End of period	$	5,990,271		$	7,371,474		$	12,868,999		$	15,057,739
Accumulated undistributed (distribution in excess of) net investment income	$	75,902		$	11,397		$	92,425		$	20,323
Shares:
Class IA
Sold		3,938			5,936			8,535			11,027
Issued on reinvestment of distributions		2,129			39,579			20,914			37,635
Redeemed		(33,405	)		(64,513	)		(20,765	)		(37,156	)
Total share activity		(27,338	)		(18,998	)		8,684			11,506
Class IB
Sold		1,609			2,106			4,325			6,042
Issued on reinvestment of distributions		349			6,552			4,949			9,201
Redeemed		(7,874	)		(12,626	)		(9,589	)		(11,659	)
Total share activity		(5,916	)		(3,968	)		(315	)		3,584

­ ­  202  ­ ­

Hartford						Hartford						Hartford						Hartford
Disciplined Equity						Dividend and Growth						Equity Income						Fundamental Growth
HLS Fund						HLS Fund						HLS Fund						HLS Fund
For the						For the						For the						For the
Six-Month						Six-Month						Six-Month						Six-Month
Period Ended			For the			Period Ended			For the			Period Ended			For the			Period Ended			For the
June 30, 2008			Year Ended			June 30, 2008			Year Ended			June 30, 2008			Year Ended			June 30, 2008			Year Ended
(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
$	7,134		$	19,013		$	66,820		$	123,136		$	5,831		$	10,566		$	140		$	149
	(17,307	)		156,780			229,852			612,843			9,889			25,600			(2,091	)		10,209
	(218,894	)		(27,593	)		(947,170	)		(149,327	)		(69,481	)		(2,157	)		(5,429	)		1,067
	—			—			—			—			—			—			—			—
	(229,067	)		148,200			(650,498	)		586,652			(53,761	)		34,009			(7,380	)		11,425
	(1,201	)		(15,927	)		(5,579	)		(97,796	)		(855	)		(8,356	)		(145	)		(25	)
	(252	)		(2,623	)		(1,332	)		(21,463	)		(146	)		(1,370	)		—			(18	)
	(120,237	)		(5,290	)		(102,838	)		(454,662	)		(19,944	)		(15,712	)		(6,480	)		(4,412	)
	(25,187	)		(1,160	)		(24,561	)		(119,019	)		(3,405	)		(4,131	)		(3,226	)		(2,991	)
	(146,877	)		(25,000	)		(134,310	)		(692,940	)		(24,350	)		(29,569	)		(9,851	)		(7,446	)
	50,073			231,305			267,298			593,091			20,922			77,683			28,166			22,841
	121,438			21,217			108,417			552,458			20,799			24,068			6,625			4,437
	(127,596	)		(186,807	)		(471,578	)		(885,180	)		(43,628	)		(73,640	)		(11,232	)		(19,551	)
	43,915			65,715			(95,863	)		260,369			(1,907	)		28,111			23,559			7,727
	14,441			26,025			71,944			129,203			3,609			18,050			9,961			10,561
	25,439			3,783			25,893			140,482			3,551			5,501			3,226			3,009
	(43,292	)		(68,372	)		(228,951	)		(355,119	)		(13,450	)		(59,932	)		(7,042	)		(14,148	)
	(3,412	)		(38,564	)		(131,114	)		(85,434	)		(6,290	)		(36,381	)		6,145			(578	)
	40,503			27,151			(226,977	)		174,935			(8,197	)		(8,270	)		29,704			7,149
	(335,441	)		150,351			(1,011,785	)		68,647			(86,308	)		(3,830	)		12,473			11,128
	1,906,529			1,756,178			7,344,151			7,275,504			463,113			466,943			94,021			82,893
$	1,571,088		$	1,906,529		$	6,332,366		$	7,344,151		$	376,805		$	463,113		$	106,494		$	94,021
$	7,134		$	1,453		$	66,820		$	6,911		$	5,831		$	1,001		$	140		$	145
	3,647			15,669			12,560			24,682			1,564			5,295			2,636			2,072
	9,871			1,430			5,322			24,780			1,724			1,651			681			413
	(9,258	)		(12,526	)		(22,333	)		(36,858	)		(3,282	)		(5,007	)		(1,083	)		(1,788	)
	4,260			4,573			(4,451	)		12,604			6			1,939			2,234			697
	1,054			1,753			3,404			5,346			270			1,228			947			959
	2,083			256			1,277			6,314			295			376			333			281
	(3,170	)		(4,617	)		(10,872	)		(14,854	)		(1,015	)		(4,039	)		(674	)		(1,303	)
	(33	)		(2,608	)		(6,191	)		(3,194	)		(450	)		(2,435	)		606			(63	)

­ ­  203  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Hartford						Hartford
	Global Advisers						Global Communications
	HLS Fund						HLS Fund
	For the						For the
	Six-Month						Six-Month
	Period Ended			For the			Period Ended			For the
	June 30, 2008			Year Ended			June 30, 2008			Year Ended
	(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
Operations:
Net investment income (loss)	$	3,324		$	6,275		$	458		$	206
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		2,130			24,943			193			3,794
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(34,907	)		25,222			(4,434	)		1,999
Payment from (to) affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		(29,453	)		56,440			(3,783	)		5,999
Distributions to Shareholders:
From net investment income
Class IA		(674	)		(2,623	)		(29	)		(125	)
Class IB		(142	)		(402	)		(32	)		(90	)
From net realized gain on investments
Class IA		(4,822	)		(22,897	)		(2,001	)		(2,793	)
Class IB		(1,019	)		(4,923	)		(2,159	)		(2,591	)
Total distributions		(6,657	)		(30,845	)		(4,221	)		(5,599	)
Capital Share Transactions:
Class IA
Sold		29,213			27,148			439			621
Issued on reinvestment of distributions		5,496			25,520			2,030			2,918
Redeemed		(28,467	)		(63,301	)		(2,209	)		(3,808	)
Total capital share transactions		6,242			(10,633	)		260			(269	)
Class IB
Sold		12,808			12,738			1,598			4,350
Issued on reinvestment of distributions		1,161			5,325			2,191			2,681
Redeemed		(13,382	)		(19,377	)		(2,818	)		(5,619	)
Total capital share transactions		587			(1,314	)		971			1,412
Net increase (decrease) from capital share transactions		6,829			(11,947	)		1,231			1,143
Net increase (decrease) in net assets		(29,281	)		13,648			(6,773	)		1,543
Net Assets:
Beginning of period		384,222			370,574			29,798			28,255
End of period	$	354,941		$	384,222		$	23,025		$	29,798
Accumulated undistributed (distribution in excess of) net investment income	$	2,336		$	(172	)	$	457		$	60
Shares:
Class IA
Sold		2,272			1,983			49			65
Issued on reinvestment of distributions		436			1,928			287			331
Redeemed		(2,214	)		(4,732	)		(252	)		(401	)
Total share activity		494			(821	)		84			(5	)
Class IB
Sold		1,007			943			182			462
Issued on reinvestment of distributions		93			404			312			306
Redeemed		(1,048	)		(1,441	)		(321	)		(587	)
Total share activity		52			(94	)		173			181

* Commencement of operations

­ ­  204  ­ ­

Hartford			Hartford						Hartford						Hartford
Global Equity			Global Financial Services						Global Growth						Global Health
HLS Fund			HLS Fund						HLS Fund						HLS Fund
For the			For the						For the						For the
Period			Six-Month						Six-Month						Six-Month
January 31,			Period Ended			For the			Period Ended			For the			Period Ended			For the
2008* through			June 30, 2008			Year Ended			June 30, 2008			Year Ended			June 30, 2008			Year Ended
June 30, 2008			(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
$	150		$	420		$	661		$	3,903		$	967		$	986		$	379
	(173	)		(586	)		1,593			6,333			155,641			5,863			47,854
	(497	)		(5,227	)		(4,639	)		(191,832	)		123,099			(40,135	)		(22,391	)
	—			—			—			—			—			—			—
	(520	)		(5,393	)		(2,385	)		(181,596	)		279,707			(33,286	)		25,842
	—			(413	)		(9	)		—			(509	)		(42	)		(321	)
	—			(260	)		(8	)		—			(153	)		—			—
	—			(1,325	)		(4,100	)		(29,584	)		(107,687	)		(1,861	)		(41,637	)
	—			(958	)		(3,309	)		(8,357	)		(31,874	)		(664	)		(15,594	)
	—			(2,956	)		(7,426	)		(37,941	)		(140,223	)		(2,567	)		(57,552	)
	20,040			705			656			42,334			73,376			13,016			38,136
	—			1,738			4,109			29,584			108,196			1,903			41,958
	(182	)		(2,085	)		(4,197	)		(106,097	)		(203,272	)		(35,534	)		(87,505	)
	19,858			358			568			(34,179	)		(21,700	)		(20,615	)		(7,411	)
	1,379			723			719			17,521			33,680			7,772			14,532
	—			1,218			3,317			8,357			32,027			664			15,594
	(3	)		(2,297	)		(4,748	)		(46,529	)		(77,401	)		(20,010	)		(34,442	)
	1,376			(356	)		(712	)		(20,651	)		(11,694	)		(11,574	)		(4,316	)
	21,234			2			(144	)		(54,830	)		(33,394	)		(32,189	)		(11,727	)
	20,714			(8,347	)		(9,955	)		(274,367	)		106,090			(68,042	)		(43,437	)
	—			28,210			38,165			1,328,631			1,222,541			395,459			438,896
$	20,714		$	19,863		$	28,210		$	1,054,264		$	1,328,631		$	327,417		$	395,459
$	150		$	416		$	669		$	3,915		$	12		$	987		$	43
	2,000			80			63			2,112			3,252			900			2,204
	—			253			373			1,531			5,023			136			2,668
	(18	)		(239	)		(365	)		(5,295	)		(9,286	)		(2,484	)		(5,057	)
	1,982			94			71			(1,652	)		(1,011	)		(1,448	)		(185	)
	135			83			70			883			1,493			549			850
	—			178			302			436			1,496			48			1,009
	—			(267	)		(421	)		(2,354	)		(3,528	)		(1,416	)		(2,021	)
	135			(6	)		(49	)		(1,035	)		(539	)		(819	)		(162	)

­ ­  205  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Hartford						Hartford
	Global Technology						Growth
	HLS Fund						HLS Fund
	For the						For the
	Six-Month						Six-Month
	Period Ended			For the			Period Ended			For the
	June 30, 2008			Year Ended			June 30, 2008			Year Ended
	(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
Operations:
Net investment income (loss)	$	(181	)	$	(566	)	$	251		$	121
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(1,273	)		26,708			(7,082	)		41,638
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(13,840	)		(7,411	)		(39,528	)		43,194
Payment from (to) affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		(15,294	)		18,731			(46,359	)		84,953
Distributions to Shareholders:
From net investment income
Class IA		—			—			(118	)		(75	)
Class IB		—			—			—			—
From net realized gain on investments
Class IA		—			—			(10,810	)		(25,705	)
Class IB		—			—			(4,724	)		(13,232	)
Total distributions		—			—			(15,652	)		(39,012	)
Capital Share Transactions:
Class IA
Sold		22,184			37,689			30,783			85,722
Issued on reinvestment of distributions		—			—			10,928			25,780
Redeemed		(29,720	)		(47,881	)		(45,516	)		(132,764	)
Total capital share transactions		(7,536	)		(10,192	)		(3,805	)		(21,262	)
Class IB
Sold		5,118			9,264			10,869			23,323
Issued on reinvestment of distributions		—			—			4,724			13,232
Redeemed		(8,642	)		(15,760	)		(38,971	)		(51,926	)
Total capital share transactions		(3,524	)		(6,496	)		(23,378	)		(15,371	)
Net increase (decrease) from capital share transactions		(11,060	)		(16,688	)		(27,183	)		(36,633	)
Net increase (decrease) in net assets		(26,354	)		2,043			(89,194	)		9,308
Net Assets:
Beginning of period		150,603			148,560			578,972			569,664
End of period	$	124,249		$	150,603		$	489,778		$	578,972
Accumulated undistributed (distribution in excess of) net investment income	$	(181	)	$	—		$	251		$	118
Shares:
Class IA
Sold		3,641			5,651			2,537			6,662
Issued on reinvestment of distributions		—			—			884			1,985
Redeemed		(4,825	)		(7,334	)		(3,750	)		(10,419	)
Total share activity		(1,184	)		(1,683	)		(329	)		(1,772	)
Class IB
Sold		830			1,411			900			1,801
Issued on reinvestment of distributions		—			—			388			1,034
Redeemed		(1,408	)		(2,420	)		(3,243	)		(4,045	)
Total share activity		(578	)		(1,009	)		(1,955	)		(1,210	)

­ ­  206  ­ ­

	Hartford													Hartford						Hartford
	Growth Opportunities							Hartford						Index						International Growth
	HLS Fund							High Yield						HLS Fund						HLS Fund
	For the							HLS Fund						For the						For the
	Six-Month			For the				For the			For the			Six-Month			For the			Six-Month			For the
	Period Ended			Year Ended				Six-Month			Year Ended			Period Ended			Year Ended			Period Ended			Year Ended
	June 30, 2008			December 31,				Period Ended June 30, 2008			December 31,			June 30, 2008			December 31,			June 30, 2008			December 31,
	(Unaudited)			2007				(Unaudited)			2007			(Unaudited)			2007			(Unaudited)			2007
	$	2,816		$	1,772			$	26,103		$	54,550		$	13,015		$	28,378		$	7,735		$	6,689
		(6,788	)		291,546				(27,721	)		6,326			28,800			106,154			(42,221	)		201,205
		(185,075	)		81,169				(12,689	)		(41,422	)		(234,946	)		(39,036	)		(172,614	)		1,940
		—			—				—			—			—			—			—			—
		(189,047	)		374,487				(14,307	)		19,454			(193,131	)		95,496			(207,100	)		209,834
��
		(94	)		(1,850	)			(1,451	)		(36,170	)		(1,008	)		(23,589	)		(110	)		(5,134	)
		—			(60	)			(655	)		(17,163	)		(199	)		(3,932	)		(42	)		(1,462	)
		(45,855	)		(220,443	)			—			—			(16,281	)		(79,243	)		(30,379	)		(129,052	)
		(8,404	)		(43,763	)			—			—			(3,210	)		(15,598	)		(11,747	)		(57,554	)
		(54,353	)		(266,116	)			(2,106	)		(53,333	)		(20,698	)		(122,362	)		(42,278	)		(193,202	)
		113,362			217,719				42,196			109,945			41,852			117,054			67,675			186,793
		45,949			222,293				1,451			36,170			17,289			102,833			30,489			134,186
		(127,969	)		(222,459	)			(70,430	)		(134,040	)		(161,864	)		(406,212	)		(91,791	)		(112,111	)
		31,342			217,553				(26,783	)		12,075			(102,723	)		(186,325	)		6,373			208,868
		35,058			83,662				19,994			47,142			24,577			78,279			15,985			52,273
		8,404			43,823				655			17,163	��		3,409			19,530			11,789			59,016
		(57,727	)		(61,762	)			(50,298	)		(95,398	)		(47,270	)		(96,850	)		(54,463	)		(85,820	)
		(14,265	)		65,723				(29,649	)		(31,093	)		(19,284	)		959			(26,689	)		25,469
		17,077			283,276				(56,432	)		(19,018	)		(122,007	)		(185,366	)		(20,316	)		234,337
		(226,323	)		391,647				(72,845	)		(52,897	)		(335,836	)		(212,232	)		(269,694	)		250,969
		1,693,034			1,301,387				682,955			735,852			1,662,794			1,875,026			1,128,504			877,535
	$	1,466,711		$	1,693,034			$	610,110		$	682,955		$	1,326,958		$	1,662,794		$	858,810		$	1,128,504
	$	2,816		$	94			$	25,985		$	1,988		$	12,903		$	1,095		$	6,856		$	(727	)
		3,881			6,208				4,828			11,452			1,427			3,474			5,284			11,976
		1,605			6,954				165			4,074			615			3,288			2,637			9,523
		(4,390	)		(6,570	)			(8,067	)		(14,012	)		(5,533	)		(12,047	)		(7,311	)		(7,300	)
		1,096			6,592		��		(3,074	)		1,514			(3,491	)		(5,285	)		610			14,199
		1,210			2,405				2,310			4,960			837			2,330			1,270			3,390
		297			1,386				75			1,951			122			627			1,029			4,210
		(2,006	)		(1,845	)			(5,826	)		(10,093	)		(1,625	)		(2,887	)		(4,361	)		(5,625	)
		(499	)		1,946				(3,441	)		(3,182	)		(666	)		70			(2,062	)		1,975

­ ­  207  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Hartford International						Hartford International
	Opportunities						Small Company
	HLS Fund						HLS Fund
	For the						For the
	Six-Month						Six-Month
	Period Ended			For the			Period Ended			For the
	June 30, 2008			Year Ended			June 30, 2008			Year Ended
	(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
Operations:
Net investment income (loss)	$	30,393		$	23,331		$	4,033		$	3,372
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		86,725			444,474			4,973			66,157
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(389,900	)		49,261			(46,503	)		(31,975	)
Payment from (to) affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		(272,782	)		517,066			(37,497	)		37,554
Distributions to Shareholders:
From net investment income
Class IA		(839	)		(21,053	)		(383	)		(5,435	)
Class IB		(162	)		(3,363	)		(121	)		(1,587	)
From net realized gain on investments
Class IA		(67,380	)		(362,704	)		(6,945	)		(50,208	)
Class IB		(13,033	)		(75,930	)		(2,190	)		(17,492	)
Total distributions		(81,414	)		(463,050	)		(9,639	)		(74,722	)
Capital Share Transactions:
Class IA
Sold		120,214			229,936			29,511			91,442
Issued in merger		—			99,957			—			—
Issued on reinvestment of distributions		68,219			383,757			7,328			55,643
Redeemed		(189,555	)		(321,451	)		(55,331	)		(101,171	)
Total capital share transactions		(1,122	)		392,199			(18,492	)		45,914
Class IB
Sold		27,528			49,416			9,038			23,930
Issued on reinvestment of distributions		13,195			79,293			2,311			19,079
Redeemed		(61,640	)		(109,128	)		(24,674	)		(45,626	)
Total capital share transactions		(20,917	)		19,581			(13,325	)		(2,617	)
Net increase (decrease) from capital share transactions		(22,039	)		411,780			(31,817	)		43,297
Net increase (decrease) in net assets		(376,235	)		465,796			(78,953	)		6,129
Net Assets:
Beginning of period		2,444,222			1,978,426			418,040			411,911
End of period	$	2,067,987		$	2,444,222		$	339,087		$	418,040
Accumulated undistributed (distribution in excess of) net investment income	$	28,119		$	(1,273	)	$	1,036		$	(2,493	)
Shares:
Class IA
Sold		8,312			13,760			2,052			5,123
Issued in merger		—			5,347			—			—
Issued on reinvestment of distributions		5,056			25,242			543			3,721
Redeemed		(13,171	)		(19,373	)		(3,978	)		(5,693	)
Total share activity		197			24,976			(1,383	)		3,151
Class IB
Sold		1,885			2,912			635			1,338
Issued on reinvestment of distributions		969			5,158			173			1,285
Redeemed		(4,249	)		(6,533	)		(1,791	)		(2,586	)
Total share activity		(1,395	)		1,537			(983	)		37

­ ­  208  ­ ­

Hartford						Hartford						Hartford						Hartford
LargeCap Growth						MidCap						MidCap Growth						MidCap Value
HLS Fund						HLS Fund						HLS Fund						HLS Fund
For the						For the						For the						For the
Six-Month			For the			Six-Month			For the			Six-Month			For the			Six-Month			For the
Period Ended			Year Ended			Period Ended			Year Ended			Period Ended			Year Ended			Period Ended			Year Ended
June 30, 2008			December 31,			June 30, 2008			December 31,			June 30, 2008			December 31,			June 30, 2008			December 31,
(Unaudited)			2007			(Unaudited)			2007			(Unaudited)			2007			(Unaudited)			2007
$	418		$	997		$	5,333		$	6,022		$	119		$	144		$	2,370		$	4,895
	(11,478	)		19,586			32,621			517,633			(4,337	)		5,340			(39,638	)		149,454
	(6,513	)		(11,913	)		(129,179	)		(93,641	)		(1,162	)		504			(100,309	)		(117,134	)
	—			—			—			—			—			114			—			—
	(17,573	)		8,670			(91,225	)		430,014			(5,380	)		6,102			(137,577	)		37,215
	(76	)		(968	)		(1,288	)		(13,049	)		—			(249	)		—			(3,686	)
	—			—			(142	)		(704	)		—			—			—			(906	)
	(16,801	)		(13,191	)		(107,438	)		(409,560	)		(479	)		(8,725	)		(103,241	)		(111,146	)
	(37	)		—			(11,814	)		(45,783	)		(10	)		—			(45,609	)		(56,292	)
	(16,914	)		(14,159	)		(120,682	)		(469,096	)		(489	)		(8,974	)		(148,850	)		(172,030	)
	3,351			4,586			114,206			279,508			12,174			3,575			40,853			18,402
	—			69,913			—			—			—			—			—			—
	16,877			14,159			108,726			422,609			479			8,974			103,241			114,832
	(15,253	)		(50,754	)		(251,042	)		(559,361	)		(6,553	)		(11,876	)		(74,896	)		(148,794	)
	4,975			37,904			(28,110	)		142,756			6,100			673			69,198			(15,560	)
	378			—			23,842			65,472			1,413			—			8,820			12,383
	37			—			11,956			46,487			10			—			45,609			57,198
	(24	)		—			(43,646	)		(78,167	)		(122	)		—			(51,139	)		(95,514	)
	391			—			(7,848	)		33,792			1,301			—			3,290			(25,933	)
	5,366			37,904			(35,958	)		176,548			7,401			673			72,488			(41,493	)
	(29,121	)		32,415			(247,865	)		137,466			1,532			(2,199	)		(213,939	)		(176,308	)
	171,565			139,150			3,018,436			2,880,970			51,196			53,395			915,932			1,092,240
$	142,444		$	171,565		$	2,770,571		$	3,018,436		$	52,728		$	51,196		$	701,993		$	915,932
$	418		$	76		$	5,336		$	1,433		$	119		$	—		$	2,460		$	90
	185			227			4,588			9,379			1,275			307			3,810			1,334
	—			3,338			—			—			—			—			—			—
	1,039			702			4,305			16,015			51			839			12,045			8,127
	(848	)		(2,490	)		(10,210	)		(18,842	)		(696	)		(1,030	)		(6,813	)		(10,473	)
	376			1,777			(1,317	)		6,552			630			116			9,042			(1,012	)
	21			—			968			2,201			146			—			804			940
	2			—			479			1,779			1			—			5,353			4,058
	(1	)		—			(1,803	)		(2,659	)		(13	)		—			(4,681	)		(6,797	)
	22			—			(356	)		1,321			134			—			1,476			(1,799	)

­ ­  209  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Hartford						Hartford
	Money Market						Mortgage Securities
	HLS Fund						HLS Fund
	For the						For the
	Six-Month						Six-Month
	Period Ended			For the			Period Ended			For the
	June 30, 2008			Year Ended			June 30, 2008			Year Ended
	(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
Operations:
Net investment income (loss)	$	45,130		$	108,541		$	10,896		$	25,565
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		—			52			2,166			(1,578	)
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		—			—			(19,429	)		(7,604	)
Payment from (to) affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		45,130			108,593			(6,367	)		16,383
Distributions to Shareholders:
From net investment income
Class IA		(38,182	)		(90,770	)		(1,025	)		(19,445	)
Class IB		(6,948	)		(17,771	)		(321	)		(6,034	)
From net realized gain on investments
Class IA		—			(43	)		—			—
Class IB		—			(9	)		—			—
Total distributions		(45,130	)		(108,593	)		(1,346	)		(25,479	)
Capital Share Transactions:
Class IA
Sold		1,643,596			2,394,176			14,604			35,958
Issued on in-kind transactions		—			—			—			—
Issued on reinvestment of distributions		37,919			90,667			1,025			19,445
Redeemed		(927,948	)		(1,819,153	)		(58,033	)		(102,801	)
Total capital share transactions		753,567			665,690			(42,404	)		(47,398	)
Class IB
Sold		339,172			503,545			6,062			11,912
Issued on reinvestment of distributions		6,898			17,750			321			6,034
Redeemed		(222,727	)		(388,244	)		(23,395	)		(38,185	)
Total capital share transactions		123,343			133,051			(17,012	)		(20,239	)
Net increase (decrease) from capital share transactions		876,910			798,741			(59,416	)		(67,637	)
Net increase (decrease) in net assets		876,910			798,741			(67,129	)		(76,733	)
Net Assets:
Beginning of period		2,677,100			1,878,359			466,775			543,508
End of period	$	3,554,010		$	2,677,100		$	399,646		$	466,775
Accumulated undistributed (distribution in excess of) net investment income	$	—		$	—		$	10,895		$	1,345
Shares:
Class IA
Sold		1,643,596			2,394,177			1,387			3,279
Issued on in-kind transactions		—			—			—			—
Issued on reinvestment of distributions		37,919			90,667			99			1,848
Redeemed		(927,948	)		(1,819,153	)		(5,528	)		(9,378	)
Total share activity		753,567			665,691			(4,042	)		(4,251	)
Class IB
Sold		339,172			503,545			579			1,094
Issued on reinvestment of distributions		6,898			17,750			31			577
Redeemed		(222,727	)		(388,245	)		(2,240	)		(3,507	)
Total share activity		123,343			133,050			(1,630	)		(1,836	)

(1) During the year ended December 31, 2007 , Hartford Small Company HLS Fund received in-kind subscriptions of securities from a shareholder in exchange for shares of this fund.

­ ­  210  ­ ­

Hartford						Hartford						Hartford						Hartford
Small Company						SmallCap Growth						SmallCap Value						Stock
HLS Fund						HLS Fund						HLS Fund						HLS Fund
For the						For the						For the						For the
Six-Month						Six-Month						Six-Month						Six-Month
Period Ended			For the			Period Ended			For the			Period Ended			For the			Period Ended			For the
June 30, 2008			Year Ended			June 30, 2008			Year Ended			June 30, 2008			Year Ended			June 30, 2008			Year Ended
(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
$	925		$	(1,112	)	$	458		$	4,452		$	566		$	1,241		$	26,057		$	49,070
	(425	)		176,151			(58,108	)		69,858			(3,676	)		8,626			25,924			591,094
	(171,494	)		26,360			(2,548	)		(86,281	)		(6,878	)		(13,235	)		(679,925	)		(328,015	)
	—			3,000			—			—			—			—			—			—
	(170,994	)		204,399			(60,198	)		(11,971	)		(9,988	)		(3,368	)		(627,944	)		312,149
	—			(2,999	)		(1,022	)		(1,968	)		—			(1,157	)		(5,131	)		(41,670	)
	—			—			(376	)		(52	)		—			(3	)		(840	)		(5,163	)
	(3,860	)		(187,848	)		(3,717	)		(50,679	)		(619	)		(10,609	)		(17,986	)		(578,175	)
	(935	)		(49,715	)		(1,367	)		(18,161	)		(3	)		(26	)		(2,943	)		(97,285	)
	(4,795	)		(240,562	)		(6,482	)		(70,860	)		(622	)		(11,795	)		(26,900	)		(722,293	)
	159,680			270,005			34,191			64,470			6,601			5,353			66,659			115,886
	—			12,5571			—			—			—			—			—			—
	3,860			190,847			4,739			52,647			619			11,766			23,117			619,845
	(105,678	)		(290,452	)		(93,647	)		(161,711	)		(10,312	)		(22,338	)		(390,211	)		(972,979	)
	57,862			182,957			(54,717	)		(44,594	)		(3,092	)		(5,219	)		(300,435	)		(237,248	)
	68,359			85,328			18,264			32,345			447			138			24,091			31,937
	935			49,715			1,743			18,213			3			29			3,783			102,448
	(63,038	)		(120,205	)		(33,645	)		(74,858	)		(303	)		(54	)		(90,482	)		(181,913	)
	6,256			14,838			(13,638	)		(24,300	)		147			113			(62,608	)		(47,528	)
	64,118			197,795			(68,355	)		(68,894	)		(2,945	)		(5,106	)		(363,043	)		(284,776	)
	(111,671	)		161,632			(135,035	)		(151,725	)		(13,555	)		(20,269	)		(1,017,887	)		(694,920	)
	1,605,219			1,443,587			868,277			1,020,002			82,135			102,404			4,561,883			5,256,803
$	1,493,548		$	1,605,219		$	733,242		$	868,277		$	68,580		$	82,135		$	3,543,996		$	4,561,883
$	764		$	(161	)	$	1,271		$	2,211		$	586		$	20		$	25,672		$	5,586
	9,248			13,231			1,949			3,015			666			410			1,506			2,114
	—			614	(1)		—			—			—			—			—			—
	224			10,324			266			2,865			64			1,084			560			12,999
	(6,297	)		(14,477	)		(5,341	)		(7,517	)		(1,048	)		(1,705	)		(9,015	)		(17,700	)
	3,175			9,692			(3,126	)		(1,637	)		(318	)		(211	)		(6,949	)		(2,587	)
	4,082			4,302			1,044			1,510			44			11			549			584
	55			2,744			98			993			—			3			92			2,152
	(3,839	)		(6,155	)		(1,969	)		(3,516	)		(31	)		(4	)		(2,108	)		(3,313	)
	298			891			(827	)		(1,013	)		13			10			(1,467	)		(577	)

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Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Changes in Net Assets — (continued)

(000’s Omitted)

	Hartford						Hartford
	Total Return Bond						U.S. Government Securities
	HLS Fund						HLS Fund
	For the						For the
	Six-Month						Six-Month
	Period Ended			For the			Period Ended			For the
	June 30, 2008			Year Ended			June 30, 2008			Year Ended
	(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
Operations:
Net investment income (loss)	$	120,145		$	224,153		$	28,868		$	53,671
Net realized gain (loss) on investments, futures, options and swap contracts and foreign currency transactions		(21,771	)		28,805			12,444			1,189
Net unrealized appreciation (depreciation) of investments, futures, options and swap contracts and foreign currency transactions		(113,187	)		(58,854	)		(40,293	)		(7,205	)
Payment from (to) affiliate		—			—			—			—
Net increase (decrease) in net assets resulting from operations		(14,813	)		194,104			1,019			47,655
Distributions to Shareholders:
From net investment income
Class IA		(11,308	)		(179,134	)		(42,716	)		(31,893	)
Class IB		(3,127	)		(51,864	)		(11,447	)		(10,663	)
From net realized gain on investments
Class IA		—			—			—			—
Class IB		—			—			—			—
Total distributions		(14,435	)		(230,998	)		(54,163	)		(42,556	)
Capital Share Transactions:
Class IA
Sold		380,631			664,704			203,935			284,224
Issued on reinvestment of distributions		11,308			179,134			42,716			31,893
Redeemed		(306,872	)		(396,537	)		(135,791	)		(106,553	)
Total capital share transactions		85,067			447,301			110,860			209,564
Class IB
Sold		100,826			160,718			43,095			57,814
Issued on reinvestment of distributions		3,127			51,864			11,447			10,663
Redeemed		(171,264	)		(209,678	)		(59,336	)		(62,720	)
Total capital share transactions		(67,311	)		2,904			(4,794	)		5,757
Net increase (decrease) from capital share transactions		17,756			450,205			106,066			215,321
Net increase (decrease) in net assets		(11,492	)		413,311			52,922			220,420
Net Assets:
Beginning of period		4,495,040			4,081,729			1,223,022			1,002,602
End of period	$	4,483,548		$	4,495,040		$	1,275,944		$	1,223,022
Accumulated undistributed (distribution in excess of) net investment income	$	117,964		$	12,254		$	28,978		$	54,273
Shares:
Class IA
Sold		33,973			58,227			18,065			25,680
Issued on reinvestment of distributions		1,024			16,235			4,019			2,960
Redeemed		(27,412	)		(34,707	)		(12,127	)		(9,620	)
Total share activity		7,585			39,755			9,957			19,020
Class IB
Sold		9,037			14,160			3,835			5,269
Issued on reinvestment of distributions		285			4,722			1,081			993
Redeemed		(15,376	)		(18,438	)		(5,319	)		(5,685	)
Total share activity		(6,054	)		444			(403	)		577

­ ­  212  ­ ­

Hartford						Hartford
Value						Value Opportunities
HLS Fund						HLS Fund
For the						For the
Six-Month						Six-Month
Period Ended			For the			Period Ended			For the
June 30, 2008			Year Ended			June 30, 2008			Year Ended
(Unaudited)			December 31, 2007			(Unaudited)			December 31, 2007
$	3,497		$	5,928		$	3,629		$	7,956
	9,635			29,037			(27,436	)		68,339
	(58,540	)		2,032			(74,406	)		(113,648	)
	—			—			—			—
	(45,408	)		36,997			(98,213	)		(37,353	)
	(615	)		(4,090	)		(638	)		(6,367	)
	(196	)		(1,347	)		(158	)		(1,317	)
	(19,448	)		(26,740	)		(2,173	)		(72,368	)
	(6,202	)		(13,121	)		(539	)		(19,778	)
	(26,461	)		(45,298	)		(3,508	)		(99,830	)
	68,127			103,127			22,034			104,697
	20,063			30,830			2,811			78,735
	(39,015	)		(78,091	)		(84,090	)		(126,355	)
	49,175			55,866			(59,245	)		57,077
	8,272			18,968			8,479			30,962
	6,398			14,468			697			21,095
	(25,828	)		(47,778	)		(33,065	)		(66,189	)
	(11,158	)		(14,342	)		(23,889	)		(14,132	)
	38,017			41,524			(83,134	)		42,945
	(33,852	)		33,223			(184,855	)		(94,238	)
	459,340			426,117			578,561			672,799
$	425,488		$	459,340		$	393,706		$	578,561
$	3,497		$	811		$	3,428		$	595
	5,640			7,832			1,561			5,139
	1,807			2,339			220			4,986
	(3,259	)		(5,923	)		(6,020	)		(6,303	)
	4,188			4,248			(4,239	)		3,822
	680			1,428			601			1,531
	578			1,098			55			1,334
	(2,156	)		(3,613	)		(2,393	)		(3,263	)
	(898	)		(1,087	)		(1,737	)		(398	)

­ ­  213  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements
June 30, 2008
(000’s Omitted)

1.  Organization:

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

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. (the “Companies”) are open-end management investment companies comprised of forty-five portfolios. The thirty-four Funds included in these financial statements are Hartford Advisers HLS Fund, Hartford Capital Appreciation HLS Fund, Hartford Disciplined Equity HLS Fund, Hartford Dividend and Growth HLS Fund, Hartford Equity Income HLS Fund, Hartford Fundamental Growth HLS Fund, Hartford Global Advisers HLS Fund, Hartford Global Communications HLS Fund, Hartford Global Equity HLS Fund, Hartford Global Financial Services HLS Fund, Hartford Global Growth HLS Fund, Hartford Global Health HLS Fund, Hartford Global Technology HLS Fund, Hartford Growth HLS Fund, Hartford Growth Opportunities HLS Fund, Hartford High Yield HLS Fund, Hartford Index HLS Fund, Hartford International Growth HLS Fund, Hartford International Opportunities HLS Fund, Hartford International Small Company HLS Fund, Hartford LargeCap Growth HLS Fund, Hartford MidCap HLS Fund, Hartford MidCap Growth HLS Fund, Hartford MidCap Value HLS Fund, Hartford Money Market HLS Fund, Hartford Mortgage Securities HLS Fund, Hartford Small Company HLS Fund, Hartford SmallCap Growth HLS Fund, Hartford SmallCap Value HLS Fund, Hartford Stock HLS Fund, Hartford Total Return Bond HLS Fund, Hartford U.S. Government Securities HLS Fund, Hartford Value HLS Fund and Hartford Value Opportunities HLS Fund (each a “Fund” or together the “Funds”). 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 Hartford Global Communications HLS Fund, Hartford Global Financial Services HLS Fund, Hartford Global Health HLS Fund and Hartford Global Technology HLS Fund, which are non-diversified.

Each Fund is divided into Class IA and Class IB shares. Each class is offered at Net Asset Value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution fees charged pursuant to Distribution and Service Plans. These Distribution and Service Plans have been adopted in accordance with Rule 12b-1 of the 1940 Act.

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 (“GAAP”) in the investment company industry:

a)  Security Transactions and Investment Income — 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 interests purchased in the secondary market is the date on which the transaction is entered into.

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.

b)  Security Valuation — Except for Hartford Money Market HLS Fund, the 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 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

­ ­  214  ­ ­

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 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. The Hartford Money Market HLS 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. system (“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.

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.

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 Hartford Money Market HLS 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 business day.

While securities are on loan, each Fund is subject to: the following risks: 1) that the borrower may default on the loan and that the collateral could be inadequate in the event the borrower defaults, 2) that the earnings on the collateral invested may not be sufficient to pay fees incurred in connection with the loan, 3) that the principal value of the collateral invested may decline and may not be sufficient to pay back the borrower for the amount of the collateral posted, 4) 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, 5) that return of loaned securities could be delayed and could interfere with portfolio management decisions and 6) 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 Company (“Hartford Investment Management”) a wholly-owned subsidiary of The Hartford Financial Services Group, Inc., (“The Hartford”) or Wellington Management Company LLP (“Wellington”). These balances may be invested in one or more repurchase agreements and/or short-term money market instruments.

­ ­  215  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

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 June 30, 2008.
g)	Reverse Repurchase Agreements — Each Fund, except Hartford Index HLS 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 a fluctuation in the Fund’s NAV. Reverse Repurchase Agreements are valued at proceeds plus accrued interest. As of June 30, 2008, there were no outstanding reverse repurchase agreements.
h)	Forward Foreign Currency Contracts — At June 30, 2008, certain Funds, as shown in the Schedule 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.

i)

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 June 30, 2008, as shown in the Schedule of Investments under Exchange Traded Funds.

j)

Fund Share Valuation and Dividend Distributions to Shareholders — Orders for the Funds’ shares are executed in accordance with the investment instructions of the contract holders or plan participants. 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 received by an insurance company or plan 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 received by an insurance company or plan 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.

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

Hartford Money Market HLS Fund seeks to maintain a stable net asset value per share of $1.00 by declaring a daily dividend from net investment income, including net short-term capital gains and losses, and by valuing its investments using the amortized cost method. Dividends are declared daily and distributed monthly.

Distributions from net investment income, realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences include foreign currency gains and losses, losses deferred due to wash sales 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 4 (c)).

k)  Illiquid and Restricted Securities — Each Fund is permitted to invest up to 15% of its net assets in illiquid securities, except for Hartford Money Market HLS 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 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.

­ ­  216  ­ ­

l)  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 June 30, 2008, the Funds had entered into outstanding when-issued or forward commitments as follows:

Fund	Cost
Hartford Capital Appreciation HLS Fund	$	2,219
Hartford Global Advisers HLS Fund		6,101
Hartford High Yield HLS Fund		13,341
Hartford International Small Company HLS Fund		946
Hartford Mortgage Securities HLS Fund		60,208
Hartford Total Return Bond HLS Fund		82,691

m)	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 securities with higher credit risk may fluctuate more than with less aggressive bond funds.
n)	Senior Floating Rate Interests — Certain Funds as shown in the Schedule 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 subordinated debtholders and stockholders of the Borrower. Senior floating rate interests are typically structured and administered by a financial institution that acts as the agent of the lenders participating in the senior floating rate interest. Senior floating rate interests are typically rated below-investment-grade, which suggests they are more likely to default and generally pay higher interest rates than investment-grade loans. A default could lead to non-payment of income which would result in a reduction of income to the Fund and there can be no assurance that the liquidation of any collateral would satisfy the Borrower’s obligation in the event of non-payment of scheduled interest or principal payments, or that such collateral could be readily liquidated.
o)	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 major 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 Schedule 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 Schedule of Investments.

p)

Use of Estimates — The preparation of financial statements in conformity with U.S. GAAP 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.

q)

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. Swaps may also depend on other prices or rates, such as the value of an index or mortgage prepayment rates. The Funds had no outstanding swaps as of June 30, 2008.

r)  Financial Accounting Standards Board Financial Accounting Standards No. 157 — Effective January 1, 2008, the Funds adopted Statement of 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. Fair value is defined under FAS 157 as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Under FAS 157, a fair value measurement should reflect all of the assumptions that market participants would use in pricing the assets or liability, including assumptions about the risk inherent in a particular valuation technique, the effect of a restriction on the sale or use of an asset, and the risk of nonperformance.

­ ­  217  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

Various inputs are used in determining the value of the Funds’ investment. These inputs are summarized, per FAS 157, into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

•   Level 1 — Quoted prices in active markets for identical securities. Level 1 includes exchange-traded instruments such as domestic equities, some foreign equities, options, futures, mutual funds (excluding money market funds), exchange traded funds (ETF’s), and rights and warrants.

•   Level 2 — Observable inputs other than Level 1 prices, such as quoted prices for similar securities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the security. Level 2 includes debt securities that are traded less frequently than exchange-traded instruments and which are valued using third party pricing services; Non-North American foreign equities whose value is determined using a multi-factor regression model with inputs that are observable in the market; and money market instruments, which are carried at amortized cost.

•   Level 3 — Significant unobservable inputs that are supported by little or no market activity. Level 3 includes financial instruments whose values are determined using broker quotes and requires significant management judgment or estimation. This category includes broker quoted debt securities, collateralized debt obligations, and long dated OTC options. While these securities are priced using unobservable inputs, the valuation of these securities reflects the best available data and management believes the prices are representative of exit value.

Please note that individual securities within any of the above mentioned asset classes may be assigned a different hierarchical level than that presented above, as individual circumstances dictate.

FAS 157 also requires that a roll forward reconciliation be shown for all Level 3 securities from the beginning of the reporting period to the end of the reporting period. Part of this reconciliation includes transfers in and/or out of Level 3. For purposes of this reconciliation, transfers in are shown at the end of period balance and transfers out are shown at the beginning of period balance.

Please refer to the valuation hierarchy levels summary and the Level 3 roll forward reconciliation found following the Schedules of Investments.

s)  Financial Accounting Standards Board Financial Accounting Standards No. 161 — In March 2008, the Financial Accounting Standards Board (“FASB”) released Statement of Financial Accounting Standards No. 161, “Disclosures about Derivative Instruments and Hedging Activities” (“FAS 161”). FAS 161 requires companies to disclose information detailing the objectives and strategies for using derivative instruments, the level of derivative activity entered into by the company and any credit risk- related contingent features of the agreements. The application of FAS 161 is required for fiscal years beginning after November 15, 2008 and interim periods within those fiscal years. At this time, management is evaluating the implications of FAS 161 and has not yet implemented the new disclosure standard.

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 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.

3.  Futures and Options:

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 Schedule of Investments, had outstanding futures contracts as of June 30, 2008.

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.

­ ­  218  ­ ­

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 six-month period ended June 30, 2008, are summarized below:

	Hartford Advisers HLS Fund
	Options Contract Activity During the
	Six-Month Period Ended June 30, 2008
Put Options Written During the Period	Number of Contracts*			Premium Amounts
Beginning of the period		—		$	—
Written		5,300			1,413
Expired		—			—
Closed		(5,300	)		(1,413	)
Exercised		—			—
End of Period		—		$	—

	Hartford Disciplined Equity HLS Fund
	Options Contract Activity During the
	Six-Month Period Ended June 30, 2008
Call Options Written During the Period	Number of Contracts*			Premium Amounts
Beginning of the period		2,652		$	293
Written		15,397			1,843
Expired		(8,357	)		(874	)
Closed		(4,943	)		(629	)
Exercised		(727	)		(229	)
End of Period		4,022		$	404

Put Options Written During the Period	Number of Contracts*			Premium Amounts
Beginning of the period		—		$	—
Written		5,557			520
Expired		(2,921	)		(344	)
Closed		—			—
Exercised		(771	)		(54	)
End of Period		1,865		$	122

	Hartford Total Return Bond HLS Fund
	Options Contracts Activity During the
	Six-Month Period Ended June 30, 2008
Call Options Written During the Period	Number of Contracts*			Premium Amounts
Beginning of the period		—		$	—
Written		1,370			710
Expired		—			—
Closed		(1,370	)		(710	)
Exercised		—			—
End of Period		—		$	—

­ ­  219  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

	Hartford U.S. Government Securities HLS
	Fund Options Contracts Activity During the
	Six-Month Period Ended June 30, 2008
Call Options Written During the Period	Number of Contracts*			Premium Amounts
Beginning of the period		—		$	—
Written		3,448			825
Expired		—			—
Closed		(3,448	)		(825	)
Exercised		—			—
End of Period		—		$	—

* The number of contracts does not omit 000’s.

4.  Federal Income Taxes:

a)

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 prior to the next fiscal year end. Accordingly, no provision for federal income or excise taxes has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distribution for federal income tax purposes.

b)

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
	December 31, 2007				December 31, 2006
	Ordinary		Long-Term		Ordinary		Long-Term
	Income		Capital Gains(a)		Income		Capital Gains(a)
Hartford Advisers HLS Fund	$	685,113	$	286,923	$	515,345	$	282,069
Hartford Capital Appreciation HLS Fund		706,183		1,741,718		787,497		1,177,329
Hartford Disciplined Equity HLS Fund		25,000		—		17,225		—
Hartford Dividend and Growth HLS Fund		162,791		530,149		138,240		486,777
Hartford Equity Income HLS Fund		13,741		15,828		7,996		787
Hartford Fundamental Growth HLS Fund		6,489		957		3,929		3,223
Hartford Global Advisers HLS Fund		9,527		21,318		17,582		6,391
Hartford Global Communications HLS Fund		750		4,849		1,350		3,813
Hartford Global Financial Services HLS Fund		841		6,585		1,063		1,043
Hartford Global Growth HLS Fund		32,462		107,761		29,720		44,208
Hartford Global Health HLS Fund		11,053		46,499		22,014		39,823
Hartford Growth HLS Fund		4,132		34,880		2,054		33,419
Hartford Growth Opportunities HLS Fund		163,824		102,292		48,149		89,358
Hartford High Yield HLS Fund		53,333		—		103,905		—
Hartford Index HLS Fund		29,201		93,161		30,059		203,364
Hartford International Growth HLS Fund		103,923		89,279		47,161		22,551
Hartford International Opportunities HLS Fund		218,997		244,053		109,112		79,473
Hartford International Small Company HLS Fund		39,913		34,809		32,458		17,566
Hartford LargeCap Growth HLS Fund		968		13,191		—		—
Hartford MidCap HLS Fund		142,144		326,952		65,602		402,928
Hartford MidCap Growth HLS Fund		7,374		1,600		2,321		5,502
Hartford MidCap Value HLS Fund		40,878		131,152		49,607		99,548
Hartford Money Market HLS Fund		108,593		—		81,039		—
Hartford Mortgage Securities HLS Fund		25,479		—		57,422		—
Hartford Small Company HLS Fund		152,417		88,145		32,940		182,576
Hartford SmallCap Growth HLS Fund		2,786		68,074		5,050		65,224
Hartford SmallCap Value HLS Fund		6,498		5,297		6,571		14,662
Hartford Stock HLS Fund		460,819		261,474		128,118		230,309
Hartford Total Return Bond HLS Fund		230,998		—		192,995		549
Hartford U.S. Government Securities HLS Fund		42,556		—		32,259		—
Hartford Value HLS Fund		12,009		33,289		5,204		8,991
Hartford Value Opportunities HLS Fund		26,838		72,992		34,290		42,628

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

­ ­  220  ­ ­

As of December 31, 2007, the components of distributable earnings (deficit) on a tax basis were as follows:

											Total
	Undistributed		Undistributed		Accumulated			Unrealized			Accumulated
	Ordinary		Long-Term		Capital Gains			Appreciation			Earnings
	Income		Capital Gain		(Losses)*			(Depreciation)@			(Deficit)
Hartford Advisers HLS Fund	$	16,676	$	30,855	$	—		$	68,856		$	116,387
Hartford Capital Appreciation HLS Fund		288,623		871,235		—			1,666,605			2,826,463
Hartford Disciplined Equity HLS Fund		19,430		127,447		(15,437	)		202,876			334,316
Hartford Dividend and Growth HLS Fund		26,321		107,986		—			1,365,277			1,499,584
Hartford Equity Income HLS Fund		1,001		23,349		—			59,157			83,507
Hartford Fundamental Growth HLS Fund		8,938		913		—			5,113			14,964
Hartford Global Advisers HLS Fund		1,481		5,176		—			59,769			66,426
Hartford Global Communications HLS Fund		61		4,159		—			7,097			11,317
Hartford Global Financial Services HLS Fund		690		2,262		(742	)		2,243			4,453
Hartford Global Growth HLS Fund		3,881		34,060		—			324,273			362,214
Hartford Global Health HLS Fund		2,188		380		(489	)		46,492			48,571
Hartford Global Technology HLS Fund		—		—		(23,115	)		12,917			(10,198	)
Hartford Growth HLS Fund		3,084		12,569		—			86,931			102,584
Hartford Growth Opportunities HLS Fund		20,360		33,993		—			266,798			321,151
Hartford High Yield HLS Fund		2,107		—		(24,964	)		(28,862	)		(51,719	)
Hartford Index HLS Fund		1,868		18,727		—			315,035			335,630
Hartford International Growth HLS Fund		25,359		16,919		(920	)		147,598			188,956
Hartford International Opportunities HLS Fund		59,482		21,880		(7,187	)		365,426			439,601
Hartford International Small Company HLS Fund		3,296		6,299		(1,526	)		18,827			26,896
Hartford LargeCap Growth HLS Fund		76		16,838		(44,470	)		3,939			(23,617	)
Hartford MidCap HLS Fund		50,336		70,346		—			287,093			407,775
Hartford MidCap Growth HLS Fund		280		209		—			419			908
Hartford MidCap Value HLS Fund		25,591		123,258		(905	)		66,409			214,353
Hartford Mortgage Securities HLS Fund		1,345		—		(21,831	)		(10,749	)		(31,235	)
Hartford Small Company HLS Fund		—		4,833		(3,787	)		160,057			161,103
Hartford SmallCap Growth HLS Fund		3,134		3,943		—			(1,598	)		5,479
Hartford SmallCap Value HLS Fund		445		197		(533	)		(4,520	)		(4,411	)
Hartford Stock HLS Fund		20,496		6,404		—			38,544			65,444
Hartford Total Return Bond HLS Fund		14,701		—		(22,194	)		(66,357	)		(73,850	)
Hartford U.S. Government Securities HLS Fund		54,163		—		(28,874	)		(12,108	)		13,181
Hartford Value HLS Fund		6,907		19,554		—			82,969			109,430
Hartford Value Opportunities HLS Fund		1,783		1,487		(12,259	)		(17,164	)		(26,153	)

*	Certain Funds had capital loss carryforwards that are identified in Note 4 (d).
@	The difference between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to the tax deferral of wash sales losses, the mark-to-market adjustment for certain derivatives in accordance with IRC Sec. 1256, mark to market for Passive Foreign Investment Companies and basis differences in real estate investment trusts.

c)  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 net asset value 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 GAAP and tax accounting for such items as foreign currency and net operating losses 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 Fund’s 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. As of December 31, 2007, the Funds recorded the following reclassifications to increase (decrease) the accounts listed below.

	Undistributed			Accumulated
	Net Investment			Net Realized		Paid-in-
	Income			Gain (Loss)		Capital
Hartford Advisers HLS Fund	$	(698	)	$	698	$	—
Hartford Capital Appreciation HLS Fund		(52,719	)		52,215		504
Hartford Disciplined Equity HLS Fund		(10	)		10		—
Hartford Dividend and Growth HLS Fund		(325	)		325		—
Hartford Equity Income HLS Fund		(444	)		444		—
Hartford Fundamental Growth HLS Fund		(4	)		4		—

­ ­  221  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

	Undistributed			Accumulated
	Net Investment			Net Realized			Paid-in-
	Income			Gain (Loss)			Capital
Hartford Global Advisers HLS Fund	$	(2,610	)	$	2,610		$	—
Hartford Global Communications HLS Fund		4			(4	)		—
Hartford Global Financial Services HLS Fund		8			(8	)		—
Hartford Global Growth HLS Fund		2,132			(2,132	)		—
Hartford Global Health HLS Fund		(39	)		39			—
Hartford Global Technology HLS Fund		566			37			(603	)
Hartford Growth HLS Fund		(3	)		3			—
Hartford Growth Opportunities HLS Fund		(157	)		157			—
Hartford High Yield HLS Fund		(219	)		614			(395	)
Hartford Index HLS Fund		(409	)		394			15
Hartford International Growth HLS Fund		(535	)		535			—
Hartford International Opportunities HLS Fund		(662	)		662			—
Hartford International Small Company HLS Fund		1,323			(2,059	)		736
Hartford MidCap HLS Fund		8,442			(12,765	)		4,323
Hartford MidCap Growth HLS Fund		(9	)		8			1
Hartford MidCap Value HLS Fund		(360	)		277			83
Hartford Mortgage Securities HLS Fund		380			(380	)		—
Hartford Small Company HLS Fund		950			(2,104	)		1,154
Hartford SmallCap Growth HLS Fund		(221	)		221			—
Hartford SmallCap Value HLS Fund		(91	)		102			(11	)
Hartford Stock HLS Fund		(903	)		903			—
Hartford Total Return Bond HLS Fund		14,460			(14,453	)		(7	)
Hartford U.S. Government Securities HLS Fund		602			109			(711	)
Hartford Value HLS Fund		(12	)		12			—
Hartford Value Opportunities HLS Fund		(22	)		(43	)		65

d)  Capital Loss Carryforward:

At December 31, 2007 (tax-year-end), the following Funds had capital loss carryforwards for U.S. federal income tax purposes of approximately:

Fund	2008		2009		2010		2011		2012		2013		2014		2015		Total
Hartford Disciplined Equity HLS Fund	$	3,895	$	8,430	$	758	$	—	$	—	$	—	$	—	$	—	$	13,083
Hartford Global Technology HLS Fund		—		—		23,115		—		—		—		—		—		23,115
Hartford High Yield HLS Fund		3,479		875		—		13,116		—		—		2,846		—		20,316
Hartford International Opportunities HLS Fund		—		3,630		1,046		—		—		—		—		—		4,676
Hartford LargeCap Growth HLS Fund		—		17,945		24,574		1,605		346		—		—		—		44,470
Hartford Mortgage Securities HLS Fund		—		—		—		—		8,992		2,409		8,362		2,068		21,831
Hartford Total Return Bond HLS Fund		—		—		—		—		—		—		22,194		—		22,194
Hartford U.S. Government Securities HLS Fund		1,398		—		—		—		3,025		10,631		13,820		—		28,874

As of December 31, 2007, the Funds elected to defer the following post October losses.

	Ordinary		Long-Term
Fund	Income		Capital Gain
Hartford Disciplined Equity HLS Fund	$	—	$	2,354
Hartford Global Financial Services HLS Fund		—		742
Hartford Global Health HLS Fund		—		489
Hartford High Yield HLS Fund		—		4,648
Hartford International Growth HLS Fund		920		—
Hartford International Opportunities HLS Fund		2,509		—
Hartford International Small Company HLS Fund		1,526		—
Hartford MidCap Value HLS Fund		—		905
Hartford Small Company HLS Fund		—		3,787
Hartford SmallCap Value HLS Fund		—		533
Hartford Value Opportunities HLS Fund		—		12,259

Hartford High Yield HLS Fund had expiration of capital loss carryover in the amount of $395 in 2007.

Based on certain provisions in the IRC, various limitations regarding the future utilization of Hartford Disciplined Equity HLS Fund, Hartford Global Growth HLS Fund, Hartford High Yield HLS Fund, Hartford International Opportunities HLS Fund, Hartford LargeCap Growth HLS Fund and Hartford Total Return Bond HLS Fund carryforwards may apply.

­ ­  222  ­ ­

e)  Financial Accounting Standards Board Interpretation No. 48 — On July 13, 2006, the 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. Management has evaluated the implications of FIN 48 for all open tax years (tax years ended December 31, 2005 — 2007) and has determined there is no impact to the Funds’ financial statements.

5.  Expenses:

a)  Investment Management and Advisery Agreements — HL Investment Advisors, LLC (HL Advisors) an indirect wholly-owned subsidiary of The Hartford, serves as investment manager to the Funds pursuant to separate Investment Management Agreements with Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. As investment manager, HL Advisors has overall investment supervisory responsibility for each Fund. In addition, HL Advisors provides administrative personnel, services, equipment and facilities and office space for proper operation of the Funds.

HL Advisors has contracted with Wellington for the provision of day-to-day management services to the Hartford Advisers HLS Fund, Hartford Capital Appreciation HLS Fund, Hartford Disciplined Equity HLS Fund, Hartford Dividend and Growth HLS Fund, Hartford Equity Income HLS Fund, Hartford Fundamental Growth HLS Fund, Hartford Global Advisers HLS Fund, Hartford Global Communications HLS Fund, Hartford Global Equity HLS Fund, Hartford Global Financial Services HLS Fund, Hartford Global Growth HLS Fund, Hartford Global Health HLS Fund, Hartford Global Technology HLS Fund, Hartford Growth HLS Fund, Hartford Growth Opportunities HLS Fund, Hartford International Growth HLS Fund, Hartford International Opportunities HLS Fund, Hartford International Small Company HLS Fund, Hartford MidCap HLS Fund, Hartford MidCap Value HLS Fund, Hartford Small Company HLS Fund, Hartford SmallCap Growth HLS Fund, Hartford Stock HLS Fund, Hartford Value HLS Fund and Hartford Value Opportunities HLS Fund in accordance with each Fund’s investment objective and policies.

In addition, HL Advisors has contracted with Hartford Investment Management for the provision of day-to-day investment management services to Hartford High Yield HLS Fund, Hartford Index HLS Fund, Hartford LargeCap Growth HLS Fund, Hartford MidCap Growth HLS Fund, Hartford Money Market HLS Fund, Hartford Mortgage Securities HLS Fund, Hartford Small Company HLS Fund, Hartford SmallCap Growth HLS Fund, Hartford Total Return Bond HLS Fund and Hartford U.S. Government Securities HLS Fund.

HL Advisors has also contracted with Kayne Anderson Rudnick Investment Management, LLC (“KAR”), Metropolitan West Capital Management, LLC (“Met West Capital”) and SSgA Funds Management, Inc. (“SSgA FM”) for the provision of the day-to-day investment management services for Hartford SmallCap Value HLS Fund.

Each Fund pays a fee to HL Advisors, a portion of which is used to compensate Hartford Investment Management, KAR, MetWest Capital , SSgA FM and Wellington, as applicable.

b)  Administrative Services Agreement — Under the Administrative Services Agreement between HLIC and the following Funds, Hartford Advisers HLS Fund, Hartford Capital Appreciation HLS Fund, Hartford Disciplined Equity HLS Fund, Hartford Dividend and Growth HLS Fund, Hartford Equity Income HLS Fund, Hartford Fundamental Growth HLS Fund, Hartford Global Advisers HLS Fund, Hartford Global Communications HLS Fund, Hartford Global Equity HLS Fund, Hartford Global Financial Services HLS Fund, Hartford Global Growth HLS Fund, Hartford Global Health HLS Fund, Hartford Global Technology HLS Fund, Hartford Growth HLS Fund, Hartford High Yield HLS Fund, Hartford Index HLS Fund, Hartford International Growth HLS Fund, Hartford International Opportunities HLS Fund, Hartford International Small Company HLS Fund, Hartford MidCap HLS Fund, Hartford MidCap Value HLS Fund, Hartford Money Market HLS Fund, Hartford Mortgage Securities HLS Fund, Hartford Small Company HLS Fund, Hartford Stock HLS Fund, Hartford Total Return Bond HLS Fund and Hartford Value HLS Fund, HLIC provides administrative services to the Funds and receives monthly compensation at the annual rate of 0.20% of each Fund’s average daily net assets, except for Hartford Index HLS Fund. The Hartford Index Fund pays an administrative service fee of 0.20% for the first $5 billion in average net assets, 0.18% of average net assets for the next $5 billion and 0.17% for average net assets over $10 billion. The Funds assume and pay certain other expenses (including, but not limited to, accounting, custodian, state taxes and directors’ fees). Directors’ fees represent remuneration paid or accrued to directors not employed with HLIC or any other related company.

­ ­  223  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

The schedules below reflect the rates of compensation paid to HL Advisors for investment advisory services and to HLIC for administrative services rendered during the six-month period ended June 30, 2008; the rates are accrued daily and paid monthly.

Hartford Global Equity HLS Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.950%
On next $500 million		0.900%
Over $1 billion		0.850%

Hartford SmallCap Value HLS Fund

Average Daily Net Assets	Annual Fee
On first $50 million		0.900%
Over $50 million		0.850%

Hartford Global Communications HLS Fund,
Hartford Global Financial Services HLS Fund,
Hartford Global Health HLS Fund,
Hartford Global Technology HLS Fund,
Hartford International Growth HLS Fund
and Hartford International Small Company HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.850%
On next $250 million		0.800%
Over $500 million		0.750%

Hartford Equity Income HLS Fund,
Hartford Growth HLS Fund,
Hartford MidCap Value HLS Fund
and Hartford Value HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.825%
On next $250 million		0.775%
On next $500 million		0.725%
Over $1 billion		0.675%

Hartford Fundamental Growth HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.800%
On next $250 million		0.750%
Over $500 million		0.700%

Hartford MidCap Growth HLS Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.800%
On next $500 million		0.750%
Over $1 billion		0.700%

Hartford Capital Appreciation HLS Fund,
Hartford Disciplined Equity HLS Fund,
Hartford Dividend and Growth HLS Fund,
Hartford Global Advisers HLS Fund,
Hartford Global Growth HLS Fund,
Hartford International Opportunities HLS Fund
and Hartford MidCap HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.775%
On next $250 million		0.725%
On next $500 million		0.675%
Over $1 billion		0.625%

Hartford High Yield HLS Fund(1)

Average Daily Net Assets	Annual Fee
On first $500 million		0.700%
On next $500 million		0.675%
On next $4 billion		0.625%
On next $5 billion		0.605%
Over $10 billion		0.595%

(1) Effective January 1, 2008, HL Advisors voluntarily agreed to permanently reduce the management fees by consolidating the first two break points into a single breakpoint at $500 million.

­ ­  224  ­ ­

Hartford Small Company HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.775%
On next $250 million		0.725%
On next $500 million		0.675%
On next $500 million		0.600%
Over $1.5 billion		0.550%

Hartford Growth Opportunities HLS Fund,
Hartford SmallCap Growth HLS Fund
and Hartford Value Opportunities HLS Fund

Average Daily Net Assets	Annual Fee
On first $100 million		0.700%
Over $100 million		0.600%

Hartford Advisers HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.680%
On next $250 million		0.655%
On next $500 million		0.645%
Over $1 billion		0.595%

Hartford LargeCap Growth HLS Fund

Average Daily Net Assets	Annual Fee
On first $500 million		0.650%
On next $500 million		0.600%
Over $1 billion		0.550%

Hartford Stock HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.525%
On next $250 million		0.500%
On next $500 million		0.475%
Over $1 billion		0.450%

Hartford Total Return Bond HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.525%
On next $250 million		0.500%
On next $500 million		0.475%
On next $4 billion		0.450%
On next $5 billion		0.430%
Over $10 billion		0.420%

Hartford U.S. Government Securities HLS Fund

Average Daily Net Assets	Annual Fee
On first $50 million		0.500%
On next $4.95 billion		0.450%
On next $5 billion		0.430%
Over $10 billion		0.420%

Hartford Money Market HLS Fund(2)
and Hartford Mortgage Securities HLS Fund

Average Daily Net Assets	Annual Fee
On first $2 billion		0.450%
On next $3 billion		0.400%
On next $5 billion		0.380%
Over $10 billion		0.370%

(2) HL Advisors voluntarily agreed to waive management fees of 0.05% of average daily net assets until December 31, 2008.

Hartford Index HLS Fund

Average Daily Net Assets	Annual Fee
On first $2 billion		0.300%
On next $3 billion		0.200%
On next $5 billion		0.180%
Over $10 billion		0.170%

c)  Accounting Services Agreement — Pursuant to the Fund Accounting Agreement between HLIC and the Hartford Advisers HLS Fund, Hartford Capital Appreciation HLS Fund, Hartford Disciplined Equity HLS Fund, Hartford Dividend and Growth HLS Fund, Hartford Equity Income HLS Fund, Hartford Fundamental Growth HLS Fund, Hartford Global Advisers HLS Fund, Hartford Global Communications HLS Fund, Hartford Global Equity HLS Fund, Hartford Global Financial Services HLS Fund, Hartford Global Growth HLS Fund, Hartford Global Health HLS Fund, Hartford Global Technology HLS Fund, Hartford Growth HLS Fund, Hartford High Yield HLS Fund, Hartford Index HLS Fund, Hartford International Growth HLS Fund, Hartford International Opportunities HLS Fund, Hartford International Small Company HLS Fund, Hartford MidCap HLS Fund, Hartford MidCap Value HLS Fund, Hartford Money Market HLS Fund, Hartford Mortgage Securities HLS Fund, Hartford Small Company HLS Fund, Hartford Stock HLS Fund, Hartford Total Return Bond HLS Fund and Hartford Value HLS Fund, HLIC provides accounting services to the Funds and receives monthly compensation on each Fund’s average daily net assets based on the fees in the following tables. The Funds’ accounting services fees are accrued daily and paid monthly.

­ ­  225  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

Effective January 1, 2008, the rates of compensation paid to HLIC are as follows:

Hartford Capital Appreciation HLS Fund,
Hartford Global Advisers HLS Fund,
Hartford High Yield HLS Fund
and Hartford Total Return Bond HLS Fund

Average Daily Net Assets	Annual Rate
On first $5 billion		0.018%
On next $5 billion		0.016%
Over $10 billion		0.014%

Hartford Advisers HLS Fund,
Hartford Global Equity HLS Fund,
Hartford International Growth HLS Fund,
Hartford International Opportunities HLS Fund
and Hartford International Small Company HLS Fund

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

Hartford Dividend and Growth HLS Fund
and Hartford Global Growth HLS Fund

Average Daily Net Assets	Annual Rate
On first $5 billion		0.014%
On next $5 billion		0.012%
Over $10 billion		0.010%

Hartford Disciplined Equity HLS Fund,
Hartford MidCap HLS Fund,
Hartford Mortgage Securities HLS Fund
and Hartford Small Company HLS Fund

Average Daily Net Assets	Annual Rate
On first $5 billion		0.012%
Over $5 billion		0.010%

Hartford Equity Income HLS Fund,
Hartford Fundamental Growth HLS Fund,
Hartford Global Communications HLS Fund,
Hartford Global Financial Services HLS Fund,
Hartford Global Health HLS Fund,
Hartford Global Technology HLS Fund,
Hartford Growth HLS Fund,
Hartford Index HLS Fund,
Hartford MidCap Value HLS Fund,
Hartford Money Market HLS Fund,
Hartford Stock HLS Fund
and Hartford Value HLS Fund

Average Daily Net Assets	Annual Rate
All assets		0.010%

d)	Other Related Party Transactions — Certain officers of the Funds are directors and/or officers of HLIA, Hartford Investment Management and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2008, a portion of the Funds’ chief compliance officer’s salary was paid by the Funds in the amount of $91. Hartford Investor Services Company LLC (“HISC”), a wholly owned subsidiary of The Hartford, provides transfer agent services to the Funds. HISC was compensated $33 for providing such services. The Funds accrue these fees daily and pay monthly.
e)	Operating Expenses — Allocable expenses of the Funds are charged to each Fund based on the ratio of the average net assets of each Fund to the combined average net assets of the Funds. Non-allocable expenses are charged to each Fund based on specific identification.
f)	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 offset a portion of the Funds’ expenses. In addition, the Funds’ custodian bank has also agreed to reduce its fees when the Funds maintain cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2008, these amounts are included in the Statements of Operations.

­ ­  226  ­ ­

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:

	For the						For the						For the						For the						For the
	Six-Month Period Ended						Year Ended						Year Ended						Year Ended						Year Ended
	June 30, 2008						December 31, 2007						December 31, 2006						December 31, 2005						December 31, 2004
	Ratio of Expenses						Ratio of Expenses						Ratio of Expenses						Ratio of Expenses						Ratio of Expenses
	to Average Net						to Average Net						to Average Net						to Average Net						to Average Net
	Assets after						Assets After						Assets After						Assets After						Assets After
	Waivers and Offsets						Waivers and Offsets						Waivers and Offsets						Waivers and Offsets						Waivers and Offsets
Fund	Class IA			Class IB			Class IA			Class IB			Class IA			Class IB			Class IA			Class IB			Class IA			Class IB
Hartford Advisers HLS Fund		0.64	%		0.89	%		0.63	%		0.88	%		0.62	%		0.87	%		0.64	%		0.89	%		0.66	%		0.91	%
Hartford Capital Appreciation HLS Fund		0.67			0.92			0.67			0.93			0.66			0.91			0.67			0.92			0.67			0.92
Hartford Disciplined Equity HLS Fund		0.71			0.96			0.70			0.95			0.71			0.96			0.72			0.97			0.74			0.99
Hartford Dividend and Growth HLS Fund		0.67			0.92			0.67			0.92			0.66			0.91			0.66			0.91			0.67			0.92
Hartford Equity Income HLS Fund		0.84			1.09			0.83			1.08			0.74			0.99			0.75			1.00			0.88			1.13
Hartford Fundamental Growth HLS Fund		0.85			1.10			0.86			1.11			0.83			1.08			0.89			1.14			0.86			1.11
Hartford Global Advisers HLS Fund		0.81			1.06			0.80			1.05			0.80			1.05			0.77			1.03			0.78			1.03
Hartford Global Communications HLS Fund		0.97			1.22			0.94			1.19			0.64			0.89			0.82			1.06			0.99			1.24
Hartford Global Equity HLS Fund		0.99			1.24			NA			NA			NA			NA			NA			NA			NA			NA
Hartford Global Financial Services HLS Fund		1.00			1.26			0.96			1.21			0.61			0.86			0.80			1.05			0.94			1.19
Hartford Global Growth HLS Fund		0.74			0.99			0.73			0.98			0.74			0.99			0.68			0.93			0.68			0.93
Hartford Global Health HLS Fund		0.88			1.13			0.87			1.12			0.87			1.12			0.86			1.11			0.86			1.11
Hartford Global Technology HLS Fund		0.93			1.18			0.90			1.15			0.93			1.18			0.91			1.16			0.83			1.08
Hartford Growth HLS Fund		0.84			1.09			0.83			1.08			0.82			1.07			0.82			1.07			0.83			1.08
Hartford Growth Opportunities HLS Fund		0.64			0.89			0.63			0.88			0.63			0.88			0.58			0.84			0.57			0.82
Hartford High Yield HLS Fund		0.74			0.99			0.72			0.97			0.72			0.97			0.76			1.01			0.77			1.02
Hartford Index HLS Fund		0.33			0.58			0.33			0.58			0.33			0.58			0.42			0.67			0.44			0.69
Hartford International Growth HLS Fund		0.83			1.08			0.82			1.07			0.85			1.10			0.86			1.11			0.89			1.14
Hartford International Opportunities HLS Fund		0.70			0.95			0.70			0.95			0.73			0.98			0.74			0.99			0.74			0.99
Hartford International Small Company HLS Fund		0.89			1.14			0.88			1.13			0.92			1.17			0.97			1.22			1.01			1.26
Hartford LargeCap Growth HLS Fund		0.67			0.92			0.47			NA			0.86			NA			0.86			NA			0.96			NA
Hartford MidCap HLS Fund		0.68			0.93			0.68			0.93			0.66			0.91			0.68			0.93			0.68			0.93
Hartford MidCap Growth HLS Fund		0.85			1.10			0.65			NA			0.78			NA			0.81			NA			0.94			NA
Hartford MidCap Value HLS Fund		0.80			1.05			0.79			1.04			0.77			1.02			0.78			1.03			0.78			1.03
Hartford Money Market HLS Fund		0.40			0.65			0.42			0.67			0.48			0.73			0.49			0.74			0.48			0.73
Hartford Mortgage Securities HLS Fund		0.48			0.73			0.48			0.73			0.49			0.74			0.49			0.74			0.49			0.74
Hartford Small Company HLS Fund		0.71			0.96			0.70			0.95			0.70			0.95			0.71			0.96			0.70			0.95
Hartford SmallCap Growth HLS Fund		0.64			0.89			0.63			0.88			0.62			0.87			0.62			0.87			0.63			0.88
Hartford SmallCap Value HLS Fund		0.96			1.21			0.96			1.21			0.97			1.22			0.92			1.17			0.92			1.17
Hartford Stock HLS Fund		0.49			0.74			0.48			0.73			0.47			0.72			0.48			0.73			0.48			0.73
Hartford Total Return Bond HLS Fund		0.50			0.75			0.49			0.74			0.49			0.74			0.50			0.75			0.50			0.75
Hartford U.S. Government Securities HLS Fund		0.47			0.72			0.47			0.72			0.48			0.73			0.47			0.72			0.47			0.72
Hartford Value HLS Fund		0.84			1.09			0.84			1.09			0.84			1.09			0.85			1.10			0.85			1.10
Hartford Value Opportunities HLS Fund		0.65			0.90			0.63			0.88			0.64			0.89			0.64			0.89			0.66			0.91

g)  Distribution Plan for Class IB shares — All Funds with Class IB shares have adopted a Distribution Plan pursuant to Rule 12b-1 under the 1940 Act for the Class IB shares. Pursuant to the Distribution Plan, each Fund compensates the Distributor, Hartford Securities Distribution Company, Inc. (a wholly owned, ultimate subsidiary of Hartford Life, Inc. (“Hartford Life”)) from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares.

The Distributions Plan provides that each Fund may pay annually up to 0.25% of the average daily net assets of a Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. Under the terms of the Distribution Plan and the principal underwriting agreement, each Fund is authorized to make payments monthly to the Distributor which may be used to pay or reimburse entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. The Funds’ distribution fees are accrued daily and paid monthly.

h)  Payment from (to) Affiliate — The Funds are available for purchase by the separate accounts of different variable universal life policies, variable annuity products, and funding agreements and they are offered directly to certain qualified retirement plans (collectively, “Products”). Although existing Products contain transfer restrictions, some Products, particularly older variable annuity products, do not contain restrictions on the frequency of transfers. In addition, as the result of the settlement of litigation against Hartford Life (the issuers of such variable annuity products), the Funds’ ability to restrict transfers by certain owners of older variable annuity products was limited. During 2006, these annuity owners surrendered the older variable annuity contracts that were the subject of prior litigation. In February 2005, Hartford Life agreed with the Board of Directors of the Funds to indemnify the Funds for any material harm caused to the Funds from frequent trading by these contracts owners.

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 of 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 $39.6 million to the Funds in the amounts indicated below. These

­ ­  227  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

amounts were recorded on November 8, 2006 and paid on November 22, 2006. The Hartford settled this matter without admitting or denying the findings of the SEC.

On April 20, 2007, Hartford MidCap Growth HLS Fund was reimbursed $114 in trading reimbursements relating to the change in portfolio managers of the Fund.

On May 2, 2007, Hartford Small Company HLS Fund was reimbursed $2,514 in trading reimbursements relating to the change in portfolio managers of the Fund.

On June 8, 2007, Hartford Small Company HLS Fund was reimbursed $486 in regard to incorrect IPO allocations to the Fund.

The total return in the financial highlights includes payment from affiliates. The tables below show the impact of each of the payments from affiliates and what the total return for the years ended December 31, 2007, 2006 and 2005, would have been as follows:

	Impact from Payment						Impact from Payment from Affiliate for						Total Return Excluding
	from Affiliate for						Incorrect IPO						Payments from
	Trading Reimbursements for the						Allocations for the						Affiliate for the
	Year Ended						Year Ended						Year Ended
	December 31, 2007						December 31, 2007						December 31, 2007
Fund	Class IA			Class IB			Class IA			Class IB			Class IA			Class IB
Hartford Mid Cap Growth HLS Fund		0.20	%		—			—			—			11.43	%		—
Hartford Small Company HLS Fund		0.16	%		0.16	%		0.03	%		0.03	%		14.01	%		13.73	%

	Impact from Payment						Impact from Payment						Total Return Excluding
	from Affiliate for						from (to) Affiliate for						Payments from (to)
	SEC Settlement						Unrestricted Transfers						Affiliate
	for the Year Ended						for the Year Ended						for the Year Ended
	December 31, 2006						December 31, 2006						December 31, 2006
Fund	Class IA			Class IB			Class IA			Class IB			Class IA			Class IB
Hartford Advisers HLS Fund		0.09	%		0.09	%		—	%		—	%		10.61	%		10.34	%
Hartford Capital Appreciation HLS Fund		0.09			0.09			—			—			16.52			16.23
Hartford Disciplined Equity HLS Fund		0.03			0.03			0.01			0.01			12.41			12.13
Hartford Dividend and Growth HLS Fund		0.06			0.06			0.01			0.01			20.29			19.99
Hartford Fundamental Growth HLS Fund		0.14			0.15			—			—			9.58			9.30
Hartford Global Advisers HLS Fund		0.17			0.16			—			—			8.67			8.40
Hartford Global Communications HLS Fund		0.05			0.05			—			—			21.98			21.67
Hartford Global Financial Services HLS Fund		0.02			0.02			—			—			20.79			20.49
Hartford Global Health HLS Fund		0.03			0.03			—			—			11.16			10.88
Hartford Global Growth HLS Fund		0.31			0.32			—			—			13.83			13.54
Hartford Global Technology HLS Fund		0.06			0.07			—			—			10.29			10.01
Hartford Growth HLS Fund		0.01			0.01			0.04			0.04			4.56			4.30
Hartford Growth Opportunities HLS Fund		0.07			0.07			0.02			0.02			11.96			11.70
Hartford High Yield HLS Fund		—			—			0.02			0.02			11.15			10.87
Hartford Index HLS Fund		—			—			0.01			0.01			15.45			15.16
Hartford International Growth HLS Fund		—			—			—			—			24.08			23.77
Hartford International Opportunities HLS Fund		0.02			0.02			—			—			24.44			24.13
Hartford International Small Company HLS Fund		0.01			0.00			—			—			29.33			29.01
Hartford MidCap HLS Fund		0.15			0.15			—			—			11.59			11.31
Hartford MidCap Value HLS Fund		0.02			0.02			0.08			0.09			17.78			17.48
Hartford Small Company HLS Fund		0.14			0.14			—			—			14.29			14.00
Hartford SmallCap Growth HLS Fund		0.01			0.01			(0.03	)		(0.03	)		6.88			6.61
Hartford Stock HLS Fund		0.11			0.12			0.01			0.01			14.53			14.24
Hartford Total Return Bond HLS Fund		—			—			—			—			4.80			4.54
Hartford Value HLS Fund		0.01			0.01			—			—			21.81			21.51
Hartford Value Opportunities HLS Fund		0.01			0.01			0.04			0.05			18.97			18.67

­ ­  228  ­ ­

	Impact from Payment
	from Affiliate for						Total Return Excluding
	Unrestricted Transfers						Payments from Affiliate
	for the Year Ended						for the Year Ended
	December 31, 2005						December 31, 2005
Fund	Class IA			Class IB			Class IA			Class IB
Hartford Growth HLS Fund		0.09	%		0.09	%		4.58	%		4.33	%
Hartford Growth Opportunities HLS Fund		0.11			0.11			16.20			15.91
Hartford High Yield HLS Fund		0.57			0.56			1.56			1.29
Hartford MidCap HLS Fund		0.02			0.02			16.76			16.47
Hartford MidCap Value HLS Fund		0.04			0.04			9.95			9.67
Hartford Small Company HLS Fund		0.10			0.10			20.91			20.61
Hartford SmallCap Growth HLS Fund		0.22			0.22			10.80			10.56

6.  Affiliate Holdings:

As of June 30, 2008, affiliates of The Hartford had ownership in 2,000 shares of Hartford Global Equity HLS Fund.

7.  Investment Transactions:

For the six-month period ended June 30, 2008, the cost of purchases and sales of securities for Hartford Money Market HLS Fund were $16,655,347 and $15,800,253, respectively. For the six-month period ended June 30, 2008, aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Cost of Purchases		Sales Proceeds		Cost of
	Excluding		Excluding		Purchases for		Sales Proceeds for
	U.S. Government		U.S. Government		U.S. Government		U.S. Government
Fund	Obligations		Obligations		Obligations		Obligations
Hartford Advisers HLS Fund	$	2,257,241	$	2,858,309	$	176,609	$	153,198
Hartford Capital Appreciation HLS Fund		8,683,225		8,929,267		—		—
Hartford Disciplined Equity HLS Fund		556,115		625,305		—		—
Hartford Dividend and Growth HLS Fund		1,392,242		1,679,566		—		—
Hartford Equity Income HLS Fund		105,727		126,644		—		—
Hartford Fundamental Growth HLS Fund		62,259		46,056		—		—
Hartford Global Advisers HLS Fund		216,867		228,350		19,501		13,347
Hartford Global Communications HLS Fund		7,105		9,325		—		—
Hartford Global Equity HLS Fund		26,310		5,572		—		—
Hartford Global Financial Services HLS Fund		10,408		12,259		—		—
Hartford Global Growth HLS Fund		371,528		465,111		—		—
Hartford Global Health HLS Fund		67,040		100,857		—		—
Hartford Global Technology HLS Fund		100,918		112,838		—		—
Hartford Growth HLS Fund		234,890		284,611		—		—
Hartford Growth Opportunities HLS Fund		1,167,776		1,226,407		—		—
Hartford High Yield HLS Fund		347,615		364,444		—		—
Hartford Index HLS Fund		20,801		146,930		—		—
Hartford International Growth HLS Fund		1,585,056		1,666,110		—		—
Hartford International Opportunities HLS Fund		1,398,375		1,526,795		—		—
Hartford International Small Company HLS Fund		166,794		199,642		—		—
Hartford LargeCap Growth HLS Fund		135,613		146,894		—		—
Hartford MidCap Growth HLS Fund		61,464		54,481		—		—
Hartford MidCap HLS Fund		929,349		1,165,865		—		—
Hartford MidCap Value HLS Fund		182,132		256,401		—		—
Hartford Mortgage Securities HLS Fund		627,837		677,522		29,945		29,916
Hartford Small Company HLS Fund		1,436,844		1,491,448		—		—
Hartford SmallCap Growth HLS Fund		368,520		440,352		—		—
Hartford SmallCap Value HLS Fund		17,519		21,174		—		—
Hartford Stock HLS Fund		1,605,276		1,996,265		—		—
Hartford Total Return Bond HLS Fund		3,656,046		3,381,300		1,608,837		1,521,262
Hartford U.S. Government Securities HLS Fund		1,050,130		803,746		388,135		499,000
Hartford Value HLS Fund		131,894		120,241		—		—
Hartford Value Opportunities HLS Fund		119,256		197,973		—		—

­ ­  229  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

8.  Line of Credit:

The Funds, except for Hartford Money Market HLS 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 six-month period ended June 30, 2008, the Funds did not have any borrowings under this facility.

9.  Fund Mergers

Reorganization of certain series of Hartford HLS Series Fund II, Inc. At a special meeting of shareholders, held on January 23, 2007, shareholders of Hartford Capital Opportunities HLS Fund and Hartford LargeCap Growth HLS Fund approved a proposed Plan of Reorganization providing for the acquisition of all of the assets and liabilities of Hartford Capital Opportunities HLS Fund and Hartford LargeCap Growth HLS Fund by Hartford Blue Chip Stock HLS Fund.

Under the terms of the Plan of Reorganization, and pursuant to the approval by shareholders of both Hartford Capital Opportunities HLS Fund and Hartford LargeCap Growth HLS Fund, the assets were acquired by Hartford Blue Chip HLS Fund on February 2, 2007. Hartford Blue Chip HLS Fund acquired the assets of Hartford Capital Opportunities HLS Fund and Hartford LargeCap Growth HLS Fund in exchange for shares in Hartford Blue Chip Stock HLS Fund, which were distributed pro rata by Hartford Capital Opportunities HLS Fund and Hartford LargeCap Growth HLS Fund shareholders on February 2, 2007, in complete liquidation of both Hartford Capital Opportunities HLS Fund and Hartford LargeCap Growth HLS Fund.

The mergers were accomplished by tax free exchanges as detailed below:

Hartford Blue Chip Stock HLS Fund*	Class IA
Net assets of Hartford Capital Opportunities HLS Fund on February 2, 2007	$	10,965
Net assets of Hartford LargeCap Growth HLS Fund on February 2, 2007		58,948
Hartford Capital Opportunities HLS Fund shares exchanged		1,425
Hartford LargeCap Growth HLS Fund shares exchanged		5,714
Hartford Blue Chip Stock HLS Fund shares issued		3,338
Net assets of Hartford Blue Chip Stock HLS Fund immediately before the merger		141,889
Net assets of Hartford Blue Chip Stock HLS Fund immediately after the merger		211,802

Hartford Capital Opportunities HLS Fund and Hartford LargeCap Growth HLS Fund had the following unrealized appreciation (depreciation), accumulated net realized gains (losses) and capital stock as of February 2, 2007.

	Unrealized		Accumulated
	Appreciation		Net Realized
Fund	(Depreciation)		Gains (Losses)			Capital Stock
Hartford Capital Opportunities HLS Fund	$	1,635	$	(9,563	)	$	18,893
Hartford LargeCap Growth HLS Fund		7,836		(38,143	)		89,255

* Following the above referenced merger, Hartford Blue Chip Stock HLS Fund was then renamed to Hartford LargeCap Growth HLS Fund.

Reorganization of certain series of Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. At a special meeting of shareholders, held on September 25, 2007, shareholders of Hartford International Stock HLS Fund approved a proposed Plan of Reorganization providing for the acquisition of all of the assets and liabilities of Hartford International Stock HLS Fund by Hartford International Opportunities HLS Fund.

Under the terms of the Plan of Reorganization, and pursuant to the approval by shareholders of Hartford International Stock HLS Fund, the assets were acquired by Hartford International Opportunities HLS Fund on October 12, 2007. Hartford International Opportunities HLS Fund acquired the assets of Hartford International Stock HLS Fund in exchange for shares in Hartford International Opportunities HLS Fund, which were distributed pro rata to Hartford International Stock HLS Fund shareholders on October 12, 2007, in complete liquidation of Hartford International Stock HLS Fund.

Hartford International Opportunities HLS Fund	Class IA
Net assets of Hartford International Stock HLS Fund on October 12, 2007	$	99,957
Hartford International Stock HLS Fund shares exchanged		5,631
Hartford International Opportunities HLS Fund shares issued		5,347
Net assets of Hartford International Opportunities HLS Fund immediately before the merger	$	2,335,950
Net assets of Hartford International Opportunities HLS Fund immediately after the merger	$	2,455,907

­ ­  230  ­ ��

Hartford International Stock HLS Fund had the following unrealized appreciation, accumulated net realized losses and capital stock as of October 12, 2007.

						Accumulated
						Distributions
			Accumulated			in Excess of
	Unrealized		Net Realized			Net Investment
Fund	Appreciation		(Losses)			Loss**			Capital Stock
Hartford International Stock HLS Fund	$	19,805	$	(57	)	$	(2	)	$	80,211

** The utilization of the tax capital loss carryover of the acquired funds may be limited by current income tax rules and regulations.

REORGANIZATION OF CERTAIN SERIES OF HARTFORD SERIES FUND, INC. — At a Special Meeting of Shareholders held on August 12, 2008, the shareholders of Hartford Global Communications HLS Fund, Hartford Global Financial Services HLS Fund and Hartford Global Technology HLS Fund (“Acquired Funds”) each approved an Agreement and Plan of Reorganization (the “Reorganization Agreements”) in connection with the reorganizations of the Acquired Funds with and into the Hartford Global Equity HLS Fund (“Acquiring Fund”). The Reorganization Agreements contemplate (1) the transfer of all of the assets of each Acquired Fund to the Acquiring Fund in exchange for shares of the Acquiring Fund having equivalent value; (2) the assumption by the Acquiring Fund of all of the liabilities of the Acquired Funds; and (3) the distribution of shares of the Acquiring Fund to the shareholders of the Acquired Funds in complete liquidation of the Acquired Funds. Each shareholder of the Acquired Funds will receive shares of the Acquiring Fund having value equivalent to shares of the Acquired Funds held by that shareholder as of the closing date of the Reorganization.

The Reorganizations contemplated by the Reorganization Agreements will be effected on or about August 22, 2208. Following the Reorganizations, the Acquired Funds will no longer exist.

PROPOSED REORGANIZATION — At a meeting held on May 6-7, 2008, the Board of Directors of Hartford Series Fund, Inc. approved on behalf of Hartford Mortgage Securities HLS Fund (the “Acquired Fund”), and the Board of Directors of Hartford HLS Series Fund II, Inc. approved on behalf of Hartford U.S. Government Securities HLS Fund (the “Acquiring Fund”), the reorganization of the Acquired Fund with and into the Acquiring Fund (the “Reorganization”).

The Board of Directors of Hartford Series Fund, Inc. has called for a Special Meeting of Shareholders of the Acquired Fund (the “Meeting”) to be held on or about September 9, 2008, for the purpose of seeking the approval of the Agreement and Plan of Reorganization (the “Reorganization Agreement”) by the shareholders of the Acquired Fund. Shareholders of record as of June 20, 2008 will be entitled to vote on the Reorganization Agreement.

If the Reorganization Agreement is approved by the shareholders of the Acquired Fund, the Reorganization Agreement contemplates (1) the transfer of all of the assets of the Acquired Fund to the Acquiring Fund in exchange for shares of the Acquiring Fund having an aggregate value equal to the net assets of the Acquired Fund; (2) the assumption by the Acquiring Fund of all of the liabilities of the Acquired Fund; and (3) the distribution of shares of the Acquiring Fund to the shareholders of the Acquired Fund in complete liquidation of the Acquired Fund. Each shareholder of the Acquired Fund would receive shares of the Acquiring Fund equal in value to the shares of the Acquired Fund held by that shareholder as of the closing date of the Reorganization.

­ ­  231  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Financial Highlights

	— Selected Per-Share Data(#) —																					— Ratios and Supplemental Data —
							Net
							Realized																		Net										Ratio of			Ratio of			Ratio of
							and									Distributions									Increase										Expenses			Expenses			Net
	Net Asset		Net				Unrealized			Total			Dividends			from									(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment		Payments		Gain			from			from Net			Realized			Distributions						in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income		from (to)		(Loss) on			Investment			Investment			Capital			from			Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital			Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Advisers HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA	$	20.97	$	0.25	$	—	$	(2.24	)	$	(1.99	)	$	(0.04	)	$	(0.11	)	$	—		$	(0.15	)	$	(2.14	)	$	18.83		(9.51	)%*	$	5,133,865		0.64	%(d)		0.64	%(d)		2.35	%(d)		37	%
Class IB		21.18		0.23		—		(2.26	)		(2.03	)		(0.04	)		(0.11	)		—			(0.15	)		(2.18	)		19.00		(9.62	)*		856,406		0.89	(d)		0.89	(d)		2.10	(d)		—
For the Year Ended December 31, 2007
Class IA		22.60		0.55		—		0.90			1.45			(0.53	)		(2.55	)		—			(3.08	)		(1.63	)		20.97		6.64			6,291,220		0.63			0.63			2.13			47
Class IB		22.78		0.49		—		0.92			1.41			(0.46	)		(2.55	)		—			(3.01	)		(1.60	)		21.18		6.37			1,080,254		0.88			0.88			1.88			—
For the Year Ended December 31, 2006
Class IA		22.53		0.58		0.02		1.81			2.41			(0.57	)		(1.77	)		—			(2.34	)		0.07			22.60		10.70	(e)		7,207,926		0.64			0.64			2.24			87
Class IB		22.70		0.51		0.02		1.83			2.36			(0.51	)		(1.77	)		—			(2.28	)		0.08			22.78		10.43	(e)		1,252,293		0.89			0.89			1.99			—
For the Year Ended December 31, 2005
Class IA		23.04		0.54		—		1.12			1.66			(0.77	)		(1.04	)		(0.36	)		(2.17	)		(0.51	)		22.53		7.24			8,157,354		0.66			0.65			1.96			89
Class IB		23.17		0.47		—		1.15			1.62			(0.69	)		(1.04	)		(0.36	)		(2.09	)		(0.47	)		22.70		6.97			1,366,216		0.91			0.90			1.72			—
For the Year Ended December 31, 2004
Class IA		22.67		0.51		—		0.33			0.84			(0.47	)		—			—			(0.47	)		0.37			23.04		3.74			9,699,374		0.67			0.67			2.16			36
Class IB		22.81		0.48		—		0.30			0.78			(0.42	)		—			—			(0.42	)		0.36			23.17		3.48			1,462,319		0.92			0.92			1.91			—
For the Year Ended December 31, 2003
Class IA		19.59		0.42		—		3.18			3.60			(0.52	)		—			—			(0.52	)		3.08			22.67		18.49			10,358,449		0.67			0.67			2.03			48
Class IB		19.72		0.41		—		3.16			3.57			(0.48	)		—			—			(0.48	)		3.09			22.81		18.20			1,263,641		0.92			0.92			1.78			—
Hartford Capital Appreciation HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		52.46		0.25		—		(4.85	)		(4.60	)		—			(4.28	)		—			(4.28	)		(8.88	)		43.58		(9.01	)*		10,450,338		0.67	(d)		0.67	(d)		1.12	(d)		65
Class IB		52.01		0.20		—		(4.81	)		(4.61	)		—			(4.28	)		—			(4.28	)		(8.89	)		43.12		(9.12	)*		2,418,661		0.92	(d)		0.92	(d)		0.87	(d)		—
For the Year Ended December 31, 2007
Class IA		53.49		0.35		—		8.36			8.71			(0.07	)		(9.67	)		—			(9.74	)		(1.03	)		52.46		16.83			12,123,834		0.67			0.67			0.68			101
Class IB		53.21		0.22		—		8.28			8.50			(0.03	)		(9.67	)		—			(9.70	)		(1.20	)		52.01		16.53			2,933,905		0.92			0.92			0.42			—
For the Year Ended December 31, 2006
Class IA		52.99		0.50		0.04		7.88			8.42			(0.76	)		(7.16	)		—			(7.92	)		0.50			53.49		16.61	(e)		11,746,831		0.67			0.67			0.82			73
Class IB		52.75		0.36		0.04		7.83			8.23			(0.61	)		(7.16	)		—			(7.77	)		0.46			53.21		16.32	(e)		2,810,587		0.92			0.92			0.57			—
For the Year Ended December 31, 2005
Class IA		53.43		0.45		—		7.57			8.02			(0.52	)		(7.94	)		—			(8.46	)		(0.44	)		52.99		15.55			11,317,561		0.70			0.70			0.78			97
Class IB		53.18		0.25		—		7.59			7.84			(0.33	)		(7.94	)		—			(8.27	)		(0.43	)		52.75		15.26			2,793,612		0.95			0.95			0.53			—
For the Year Ended December 31, 2004
Class IA		44.91		0.35		—		8.34			8.69			(0.17	)		—			—			(0.17	)		8.52			53.43		19.36			10,751,945		0.70			0.70			0.77			89
Class IB		44.76		0.27		—		8.26			8.53			(0.11	)		—			—			(0.11	)		8.42			53.18		19.07			2,505,798		0.95			0.95			0.52			—
For the Year Ended December 31, 2003
Class IA		31.70		0.26		—		13.17			13.43			(0.22	)		—			—			(0.22	)		13.21			44.91		42.38			8,912,749		0.69			0.69			0.77			94
Class IB		31.63		0.19		—		13.10			13.29			(0.16	)		—			—			(0.16	)		13.13			44.76		42.02			1,579,399		0.94			0.94			0.52			—
Hartford Disciplined Equity HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		15.05		0.06		—		(1.87	)		(1.81	)		(0.01	)		(1.22	)		—			(1.23	)		(3.04	)		12.01		(12.26	)*		1,300,872		0.71	(d)		0.71	(d)		0.89	(d)		33
Class IB		14.97		0.04		—		(1.86	)		(1.82	)		(0.01	)		(1.22	)		—			(1.23	)		(3.05	)		11.92		(12.37	)*		270,216		0.96	(d)		0.96	(d)		0.64	(d)		—
For the Year Ended December 31, 2007
Class IA		14.08		0.16		—		1.01			1.17			(0.15	)		(0.05	)		—			(0.20	)		0.97			15.05		8.34			1,566,652		0.70			0.70			1.04			75
Class IB		14.01		0.13		—		1.00			1.13			(0.12	)		(0.05	)		—			(0.17	)		0.96			14.97		8.07			339,877		0.95			0.95			0.79			—
For the Year Ended December 31, 2006
Class IA		12.66		0.14		0.01		1.42			1.57			(0.15	)		—			—			(0.15	)		1.42			14.08		12.45	(e)		1,401,619		0.72			0.72			1.19			63
Class IB		12.58		0.13		0.01		1.39			1.53			(0.10	)		—			—			(0.10	)		1.43			14.01		12.17	(e)		354,559		0.97			0.97			0.93			—
For the Year Ended December 31, 2005
Class IA		12.02		0.12		—		0.67			0.79			(0.15	)		—			—			(0.15	)		0.64			12.66		6.58			1,019,703		0.74			0.74			1.07			58
Class IB		11.93		0.08		—		0.68			0.76			(0.11	)		—			—			(0.11	)		0.65			12.58		6.31			340,108		0.99			0.99			0.82			—
For the Year Ended December 31, 2004
Class IA		11.20		0.16		—		0.79			0.95			(0.13	)		—			—			(0.13	)		0.82			12.02		8.41			770,938		0.75			0.75			1.53			62
Class IB		11.14		0.14		—		0.76			0.90			(0.11	)		—			—			(0.11	)		0.79			11.93		8.14			270,171		1.00			1.00			1.28			—
For the Year Ended December 31, 2003
Class IA		8.80		0.07		—		2.45			2.52			(0.12	)		—			—			(0.12	)		2.40			11.20		28.82			685,888		0.78			0.78			0.89			73
Class IB		8.75		0.05		—		2.43			2.48			(0.09	)		—			—			(0.09	)		2.39			11.14		28.50			155,810		1.03			1.03			0.64			—
Hartford Dividend and Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		22.35		0.21		—		(2.21	)		(2.00	)		(0.02	)		(0.41	)		—			(0.43	)		(2.43	)		19.92		(8.99	)*		5,118,800		0.67	(d)		0.67	(d)		2.04	(d)		21
Class IB		22.28		0.20		—		(2.22	)		(2.02	)		(0.02	)		(0.41	)		—			(0.43	)		(2.45	)		19.83		(9.11	)*		1,213,566		0.92	(d)		0.92	(d)		1.78	(d)		—

­ ­  232  ­ ­

	— Selected Per-Share Data(#) —																				— Ratios and Supplemental Data —
							Net
							Realized																	Net										Ratio of			Ratio of			Ratio of
							and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net				Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment		Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income		from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Dividend and Growth HLS Fund — (continued)
For the Year Ended December 31, 2007
Class IA	$	22.79	$	0.42	$	—	$	1.44		$	1.86		$	(0.41	)	$	(1.89	)	$	—	$	(2.30	)	$	(0.44	)	$	22.35		8.26	%	$	5,842,788		0.67	%		0.67	%		1.70	%		27	%
Class IB		22.72		0.37		—		1.42			1.79			(0.34	)		(1.89	)		—		(2.23	)		(0.44	)		22.28		7.98			1,501,363		0.92			0.92			1.45			—
For the Year Ended December 31, 2006
Class IA		20.74		0.40		0.01		3.77			4.18			(0.41	)		(1.72	)		—		(2.13	)		2.05			22.79		20.36	(e)		5,671,552		0.67			0.67			1.77			27
Class IB		20.68		0.35		0.01		3.74			4.10			(0.34	)		(1.72	)		—		(2.06	)		2.04			22.72		20.06	(e)		1,603,952		0.92			0.92			1.52			—
For the Year Ended December 31, 2005
Class IA		20.83		0.36		—		0.87			1.23			(0.40	)		(0.92	)		—		(1.32	)		(0.09	)		20.74		5.96			4,978,773		0.67			0.67			1.70			26
Class IB		20.76		0.29		—		0.89			1.18			(0.34	)		(0.92	)		—		(1.26	)		(0.08	)		20.68		5.70			1,506,556		0.92			0.92			1.45			—
For the Year Ended December 31, 2004
Class IA		18.77		0.32		—		2.01			2.33			(0.27	)		—			—		(0.27	)		2.06			20.83		12.42			4,719,663		0.68			0.68			1.73			27
Class IB		18.72		0.27		—		2.00			2.27			(0.23	)		—			—		(0.23	)		2.04			20.76		12.14			1,393,412		0.93			0.93			1.48			—
For the Year Ended December 31, 2003
Class IA		15.09		0.24		—		3.79			4.03			(0.25	)		(0.10	)		—		(0.35	)		3.68			18.77		26.80			3,927,415		0.69			0.69			1.61			31
Class IB		15.07		0.21		—		3.76			3.97			(0.22	)		(0.10	)		—		(0.32	)		3.65			18.72		26.48			902,779		0.94			0.94			1.36			—
Hartford Equity Income HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		14.30		0.19		—		(1.88	)		(1.69	)		(0.03	)		(0.78	)		—		(0.81	)		(2.50	)		11.80		(11.95	)*		322,187		0.84	(d)		0.84	(d)		2.87	(d)		26
Class IB		14.30		0.18		—		(1.89	)		(1.71	)		(0.03	)		(0.78	)		—		(0.81	)		(2.52	)		11.78		(12.06	)*		54,618		1.09	(d)		1.09	(d)		2.61	(d)		—
For the Year Ended December 31, 2007(f)
Class IA		14.20		0.33		—		0.66			0.99			(0.31	)		(0.58	)		—		(0.89	)		0.10			14.30		6.94			390,396		0.84			0.84			2.21			26
Class IB		14.19		0.29		—		0.67			0.96			(0.27	)		(0.58	)		—		(0.85	)		0.11			14.30		6.68			72,717		1.09			1.09			1.96			—
For the Year Ended December 31, 2006
Class IA		12.01		0.26		—		2.22			2.48			(0.26	)		(0.03	)		—		(0.29	)		2.19			14.20		20.79			360,210		0.85			0.75			2.32			28
Class IB		11.98		0.25		—		2.20			2.45			(0.21	)		(0.03	)		—		(0.24	)		2.21			14.19		20.49			106,733		1.10			1.00			2.07			—
For the Year Ended December 31, 2005
Class IA		11.64		0.21		—		0.36			0.57			(0.20	)		—			—		(0.20	)		0.37			12.01		4.81			231,151		0.86			0.76			2.27			21
Class IB		11.62		0.17		—		0.36			0.53			(0.17	)		—			—		(0.17	)		0.36			11.98		4.56			79,417		1.11			1.01			2.03			—
For the Year Ended December 31, 2004
Class IA		10.75		0.12		—		0.89			1.01			(0.12	)		—			—		(0.12	)		0.89			11.64		9.43			90,197		0.90			0.90			1.99			18
Class IB		10.74		0.10		—		0.88			0.98			(0.10	)		—			—		0.10			0.88			11.62		9.16			24,876		1.15			1.15			1.74			—
From (commencement of operations) October 31, 2003, through December 31, 2003																																									��
Class IA(g)		10.00		0.02		—		0.75			0.77			(0.02	)		—			—		(0.02	)		0.75			10.75		7.65	*		8,511		1.13	(d)		1.13	(d)		1.50	(d)		2
Class IB(g)		10.00		0.02		—		0.74			0.76			(0.02	)		—			—		(0.02	)		0.74			10.74		7.59	*		1,609		1.38	(d)		1.38	(d)		1.25	(d)		—
Hartford Fundamental Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		11.10		0.01		—		(0.72	)		(0.71	)		(0.02	)		(0.96	)		—		(0.98	)		(1.69	)		9.41		(6.57	)*		71,133		0.85	(d)		0.85	(d)		0.39	(d)		50
Class IB		11.04		0.01		—		(0.72	)		(0.71	)		—			(0.96	)		—		(0.96	)		(1.67	)		9.37		(6.69	)*		35,361		1.10	(d)		1.10	(d)		0.14	(d)		—
For the Year Ended December 31, 2007
Class IA		10.56		0.03		—		1.54			1.57			(0.01	)		(1.02	)		—		(1.03	)		0.54			11.10		15.12			59,053		0.86			0.86			0.27			177
Class IB		10.54		—		—		1.53			1.53			(0.01	)		(1.02	)		—		(1.03	)		0.50			11.04		14.83			34,968		1.11			1.11			0.02			—
For the Year Ended December 31, 2006
Class IA		10.56		0.09		0.01		0.82			0.92			(0.09	)		(0.83	)		—		(0.92	)		—			10.56		9.72	(e)		48,852		0.94			0.85			0.80			112
Class IB		10.53		0.06		0.01		0.82			0.89			(0.05	)		(0.83	)		—		(0.88	)		0.01			10.54		9.45	(e)		34,041		1.19			1.10			0.55			—
For the Year Ended December 31, 2005
Class IA		10.18		0.10		—		0.87			0.97			(0.19	)		(0.40	)		—		(0.59	)		0.38			10.56		9.88			52,679		0.92			0.91			0.77			136
Class IB		10.13		0.04		—		0.89			0.93			(0.13	)		(0.40	)		—		(0.53	)		0.40			10.53		9.60			41,972		1.17			1.16			0.52			—
For the Year Ended December 31, 2004
Class IA		9.90		0.10		—		0.21			0.31			(0.03	)		—			—		(0.03	)		0.28			10.18		3.16			49,519		0.90			0.90			1.06			111
Class IB		9.86		0.08		—		0.20			0.28			(0.01	)		—			—		(0.01	)		0.27			10.13		2.90			41,587		1.15			1.15			0.81			—
For the Year Ended December 31, 2003
Class IA		7.74		0.03		—		2.16			2.19			(0.03	)		—			—		(0.03	)		2.16			9.90		28.37			49,891		0.90			0.90			0.40			129
Class IB		7.71		0.02		—		2.15			2.17			(0.02	)		—			—		(0.02	)		2.15			9.86		28.05			39,674		1.15			1.15			0.15			—
Hartford Global Advisers HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		13.61		0.12		—		(1.15	)		(1.03	)		(0.03	)		(0.21	)		—		(0.24	)		(1.27	)		12.34		(7.66	)*		293,381		0.81	(d)		0.81	(d)		1.87	(d)		94
Class IB		13.56		0.10		—		(1.15	)		(1.05	)		(0.03	)		(0.21	)		—		(0.24	)		(1.29	)		12.27		(7.77	)*		61,560		1.06	(d)		1.06	(d)		1.62	(d)		—
For the Year Ended December 31, 2007
Class IA		12.71		0.23		—		1.83			2.06			(0.12	)		(1.04	)		—		(1.16	)		0.90			13.61		16.59			316,929		0.80			0.80			1.74			85
Class IB		12.67		0.20		—		1.82			2.02			(0.09	)		(1.04	)		—		(1.13	)		0.89			13.56		16.30			67,293		1.05			1.05			1.49			—

­ ­  233  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data(#) —																				— Ratios and Supplemental Data —
							Net
							Realized																	Net										Ratio of			Ratio of			Ratio of
							and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net				Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment		Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income		from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Global Advisers HLS Fund — (continued)
For the Year Ended December 31, 2006
Class IA	$	12.48	$	0.23	$	0.02	$	0.83		$	1.08		$	(0.38	)	$	(0.47	)	$	—	$	(0.85	)	$	0.23		$	12.71		8.84	%(e)	$	306,498		0.82	%		0.82	%		1.73	%		88	%
Class IB		12.41		0.20		0.02		0.83			1.05			(0.32	)		(0.47	)		—		(0.79	)		0.26			12.67		8.56	(e)		64,076		1.07			1.07			1.48			—
For the Year Ended December 31, 2005
Class IA		12.53		0.21		—		0.20			0.41			(0.46	)		—			—		(0.46	)		(0.05	)		12.48		3.37			332,169		0.83			0.83			1.59			502
Class IB		12.44		0.23		—		0.14			0.37			(0.40	)		—			—		(0.40	)		(0.03	)		12.41		3.11			71,346		1.09			1.09			1.33			—
For the Year Ended December 31, 2004
Class IA		11.15		0.19		—		1.19			1.38			—			—			—		—			1.38			12.53		12.75			362,757		0.84			0.84			1.27			511
Class IB		11.09		0.14		—		1.21			1.35			—			—			—		—			1.35			12.44		12.47			86,937		1.09			1.09			1.02			—
For the Year Ended December 31, 2003
Class IA		9.16		0.12		—		1.95			2.07			(0.08	)		—			—		(0.08	)		1.99			11.15		22.26			312,492		0.84			0.84			1.26			455
Class IB		9.12		0.11		—		1.93			2.04			(0.07	)		—			—		(0.07	)		1.97			11.09		21.97			41,594		1.09			1.09			1.01			—
Hartford Global Communications HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		9.74		0.15		—		(1.40	)		(1.25	)		(0.02	)		(1.51	)		—		(1.53	)		(2.78	)		6.96		(13.09	)*		11,027		0.97 d			0.97	(d)		3.72	(d)		28
Class IB		9.69		0.13		—		(1.39	)		(1.26	)		(0.02	)		(1.51	)		—		(1.53	)		(2.79	)		6.90		(13.20	)*		11,998		1.22 d			1.22	(d)		3.45	(d)		—
For the Year Ended December 31, 2007
Class IA		9.79		0.08		—		1.98			2.06			(0.09	)		(2.02	)		—		(2.11	)		(0.05	)		9.74		23.38			14,625		0.94			0.94			0.85			107
Class IB		9.75		0.05		—		1.97			2.02			(0.06	)		(2.02	)		—		(2.08	)		(0.06	)		9.69		23.07			15,173		1.19			1.19			0.59			—
For the Year Ended December 31, 2006
Class IA		10.05		0.18		—		1.47			1.65			(0.18	)		(1.73	)		—		(1.91	)		(0.26	)		9.79		22.03	(e)		14,745		1.05			0.68			1.80			54
Class IB		10.02		0.14		—		1.47			1.61			(0.15	)		(1.73	)		—		(1.88	)		(0.27	)		9.75		21.72	(e)		13,510		1.30			0.93			1.54			—
For the Year Ended December 31, 2005
Class IA		8.84		0.27		—		1.33			1.60			(0.37	)		(0.02	)		—		(0.39	)		1.21			10.05		18.61			16,542		1.00			0.85			2.55			66
Class IB		8.79		0.23		—		1.35			1.58			(0.33	)		(0.02	)		—		(0.35	)		1.23			10.02		18.32			12,412		1.25			1.09			2.26			—
For the Year Ended December 31, 2004
Class IA		7.17		0.16		—		1.51			1.67			—			—			—		—			1.67			8.84		23.21			17,537		1.01			1.01			1.83			85
Class IB		7.15		0.15		—		1.49			1.64			—			—			—		—			1.64			8.79		22.90			12,119		1.26			1.26			1.58			—
For the Year Ended December 31, 2003
Class IA		4.47		0.01		—		2.69			2.70			—			—			—		—			2.70			7.17		60.37			17,302		1.01			1.01			0.19			90
Class IB		4.47		0.01		—		2.67			2.68			—			—			—		—			2.68			7.15		59.97			10,288		1.26			1.26			(0.06	)		—
Hartford Global Equity HLS Fund
From (commencement of operations) January 31, 2008, through June 30, 2008 (Unaudited)
Class IA(h)		10.00		0.07		—		(0.28	)		(0.21	)		—			—			—		—			(0.21	)		9.79		(2.13	)*		19,394		0.99	(d)		0.99	(d)		1.78	(d)		28
Class IB(h)		10.00		0.05		—		(0.27	)		(0.22	)		—			—			—		—			(0.22	)		9.78		(2.23	)*		1,320		1.24	(d)		1.24	(d)		1.49	(d)		—
Hartford Global Financial Services HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		9.67		0.17		—		(2.09	)		(1.92	)		(0.27	)		(0.88	)		—		(1.15	)		(3.07	)		6.60		(20.25	)*		11,581		1.00	(d)		1.00	(d)		3.67	(d)		44
Class IB		9.63		0.17		—		(2.08	)		(1.91	)		(0.24	)		(0.88	)		—		(1.12	)		(3.03	)		6.60		(20.35	)*		8,282		1.25	(d)		1.25	(d)		3.38	(d)		—
For the Year Ended December 31, 2007
Class IA		13.16		0.23		—		(0.90	)		(0.67	)		(0.01	)		(2.81	)		—		(2.82	)		(3.49	)		9.67		(7.79	)		16,051		0.96			0.96			2.03			59
Class IB		13.15		0.22		—		(0.92	)		(0.70	)		(0.01	)		(2.81	)		—		(2.82	)		(3.52	)		9.63		(8.02	)		12,159		1.21			1.21			1.79			—
For the Year Ended December 31, 2006
Class IA	��	11.57		0.21		—		2.11			2.32			(0.23	)		(0.50	)		—		(0.73	)		1.59			13.16		20.81	(e)		20,921		0.99			0.62			1.59			73
Class IB		11.55		0.18		—		2.09			2.27			(0.17	)		(0.50	)		—		(0.67	)		1.60			13.15		20.51	(e)		17,244		1.24			0.87			1.35			—
For the Year Ended December 31, 2005
Class IA		10.85		0.21		—		0.89			1.10			(0.37	)		(0.01	)		—		(0.38	)		0.72			11.57		10.42			20,433		0.96			0.81			1.56			22
Class IB		10.79		0.15		—		0.93			1.08			(0.31	)		(0.01	)		—		(0.32	)		0.76			11.55		10.14			18,131		1.21			1.06			1.31			—
For the Year Ended December 31, 2004
Class IA		9.65		0.18		—		1.02			1.20			—			—			—		—			1.20			10.85		12.35			22,010		0.98			0.98			1.84			77
Class IB		9.63		0.17		—		0.99			1.16			—			—			—		—			1.16			10.79		12.07			19,773		1.23			1.23			1.59			—
For the Year Ended December 31, 2003
Class IA		7.51		0.13		—		2.14			2.27			(0.13	)		—			—		(0.13	)		2.14			9.65		30.29			18,940		0.98			0.98			1.63			120
Class IB		7.50		0.11		—		2.13			2.24			(0.11	)		—			—		(0.11	)		2.13			9.63		29.96			16,056		1.23			1.23			1.38			—
Hartford Global Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		22.42		0.07		—		(3.16	)		(3.09	)		—			(0.69	)		—		(0.69	)		(3.78	)		18.64		(13.90	)*		824,559		0.74	(d)		0.74	(d)		0.75	(d)		33
Class IB		22.27		0.05		—		(3.15	)		(3.10	)		—			(0.69	)		—		(0.69	)		(3.79	)		18.48		(14.01	)*		229,705		0.99	(d)		0.99	(d)		0.49	(d)		—

­ ­  234  ­ ­

	— Selected Per-Share Data(#) —																					— Ratios and Supplemental Data —
								Net
								Realized																	Net										Ratio of			Ratio of			Ratio of
								and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net					Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment			Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income			from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Global Growth HLS Fund — (continued)
For the Year Ended December 31, 2007
Class IA	$	20.09	$	0.03		$	—	$	4.84		$	4.87		$	(0.01	)	$	(2.53	)	$	—	$	(2.54	)	$	2.33		$	22.42		25.05	%	$	1,028,843		0.73	%		0.73	%		0.13	%		75	%
Class IB		20.02		(0.02	)		—		4.81			4.79			(0.01	)		(2.53	)		—		(2.54	)		2.25			22.27		24.74			299,788		0.98			0.98			(0.11	)		—
For the Year Ended December 31, 2006
Class IA		18.74		0.10			0.05		2.48			2.63			(0.16	)		(1.12	)		—		(1.28	)		1.35			20.09		14.14	(e)		942,258		0.76			0.76			0.48			116
Class IB		18.66		0.05			0.05		2.47			2.57			(0.09	)		(1.12	)		—		(1.21	)		1.36			20.02		13.86	(e)		280,283		1.01			1.01			0.23			—
For the Year Ended December 31, 2005
Class IA		18.41		0.14			—		0.33			0.47			(0.14	)		—			—		(0.14	)		0.33			18.74		2.59			935,539		0.77			0.77			0.74			262
Class IB		18.32		0.07			—		0.35			0.42			(0.08	)		—			—		(0.08	)		0.34			18.66		2.33			280,050		1.02			1.02			0.48			—
For the Year Ended December 31, 2004
Class IA		15.53		0.12			—		2.85			2.97			(0.09	)		—			—		(0.09	)		2.88			18.41		19.19			1,004,850		0.78			0.78			0.83			255
Class IB		15.47		0.10			—		2.82			2.92			(0.07	)		—			—		(0.07	)		2.85			18.32		18.89			273,202		1.03			1.03			0.58			—
For the Year Ended December 31, 2003
Class IA		11.50		0.07			—		4.02			4.09			(0.06	)		—			—		(0.06	)		4.03			15.53		35.57			728,049		0.80			0.80			0.54			292
Class IB		11.47		0.04			—		4.00			4.04			(0.04	)		—			—		(0.04	)		4.00			15.47		35.24			129,315		1.05			1.05			0.29			—
Hartford Global Health HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		15.39		0.05			—		(1.36	)		(1.31	)		—			(0.11	)		—		(0.11	)		(1.42	)		13.97		(8.51	)*		242,618		0.88	(d)		0.88	(d)		0.63	(d)		19
Class IB		15.11		0.03			—		(1.33	)		(1.30	)		—			(0.11	)		—		(0.11	)		(1.41	)		13.70		(8.63	)*		84,799		1.13	(d)		1.13	(d)		0.38	(d)		—
For the Year Ended December 31, 2007
Class IA		16.84		0.03			—		0.99			1.02			(0.02	)		(2.45	)		—		(2.47	)		(1.45	)		15.39		6.12			289,561		0.87			0.87			0.16			39
Class IB		16.59		(0.02	)		—		0.99			0.97			—			(2.45	)		—		(2.45	)		(1.48	)		15.11		5.86			105,898		1.12			1.12			(0.09	)		—
For the Year Ended December 31, 2006
Class IA		17.66		0.02			—		1.75			1.77			(0.01	)		(2.58	)		—		(2.59	)		(0.82	)		16.84		11.19	(e		319,896		0.88			0.88			0.11			34
Class IB		17.47		(0.02	)		—		1.72			1.70			—			(2.58	)		—		(2.58	)		(0.88	)		16.59		10.91	(e)		119,000		1.13			1.13			(0.13	)		—
For the Year Ended December 31, 2005
Class IA		16.92		0.01			—		1.94			1.95			(0.01	)		(1.20	)		—		(1.21	)		0.74			17.66		12.43			309,235		0.87			0.87			0.12			46
Class IB		16.78		(0.01	)		—		1.90			1.89			—			(1.20	)		—		(1.20	)		0.69			17.47		12.15			123,593		1.12			1.12			(0.13	)		—
For the Year Ended December 31, 2004
Class IA		15.52		—			—		1.95			1.95			(0.01	)		(0.54	)		—		(0.55	)		1.40			16.92		12.80			309,640		0.88			0.88			0.07			46
Class IB		15.43		(0.01	)		—		1.90			1.89			—			(0.54	)		—		(0.54	)		1.35			16.78		12.52			125,592		1.13			1.13			(0.18	)		—
For the Year Ended December 31, 2003
Class IA		11.91		0.01			—		3.81			3.82			(0.01	)		(0.20	)		—		(0.21	)		3.61			15.52		32.31			268,844		0.89			0.89			0.15			37
Class IB		11.85		—			—		3.78			3.78			—			(0.20	)		—		(0.20	)		3.58			15.43		31.98			103,592		1.14			1.14			(0.10	)		—
Hartford Global Technology HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		6.88		(0.01	)		—		(0.69	)		(0.70	)		—			—			—		—			(0.70	)		6.18		(10.28	)*		88,694		0.93	(d)		0.93	(d)		(0.21	)(d)		78
Class IB		6.78		(0.01	)		—		(0.69	)		(0.70	)		—			—			—		—			(0.70	)		6.08		(10.39	)*		35,555		1.18	(d)		1.18	(d)		(0.46	)(d)		—
For the Year Ended December 31, 2007
Class IA		6.05		(0.02	)		—		0.85			0.83			—			—			—		—			0.83			6.88		13.86			107,002		0.92			0.92			(0.30	)		151
Class IB		5.97		(0.04	)		—		0.85			0.81			—			—			—		—			0.81			6.78		13.58			43,601		1.17			1.17			(0.56	)		—
For the Year Ended December 31, 2006
Class IA		5.48		(0.02	)		—		0.59			0.57			—			—			—		—			0.57			6.05		10.35	(e)		104,147		0.96			0.96			(0.34	)		135
Class IB		5.43		(0.04	)		—		0.58			0.54			—			—			—		—			0.54			5.97		10.08	(e)		44,413		1.21			1.21			(0.58	)		—
For the Year Ended December 31, 2005
Class IA		4.94		(0.02	)		—		0.57			0.55			(0.01	)		—			—		(0.01	)		0.54			5.48		11.15			103,808		0.95			0.95			(0.41	)		117
Class IB		4.90		(0.03	)		—		0.56			0.53			—			—			—		—			0.53			5.43		10.88			44,554		1.20			1.20			(0.66	)		—
For the Year Ended December 31, 2004
Class IA		4.88		—			—		0.06			0.06			—			—			—		—			0.06			4.94		1.35			111,876		0.91			0.91			0.31			164
Class IB		4.84		0.01			—		0.05			0.06			—			—			—		—			0.06			4.90		1.10			46,112		1.16			1.16			0.06			—
For the Year Ended December 31, 2003
Class IA		3.02		—			—		1.86			1.86			—			—			—		—			1.86			4.88		61.50			138,243		0.90			0.90			(0.55	)		157
Class IB		3.01		—			—		1.83			1.83			—			—			—		—			1.83			4.84		61.10			44,432		1.15			1.15			(0.80	)		—
Hartford Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		13.39		0.01			—		(1.05	)		(1.04	)		—			(0.39	)		—		(0.39	)		(1.43	)		11.96		(7.88	)*		343,361		0.84	(d)		0.84	(d)		0.18	(d)		47
Class IB		13.18		(0.01	)		—		(1.02	)		(1.03	)		—			(0.39	)		—		(0.39	)		(1.42	)		11.76		(7.99	)*		146,417		1.09	(d)		1.09	(d)		(0.07	)(d)		—
For the Year Ended December 31, 2007
Class IA		12.32		0.01			—		2.01			2.02			—			(0.95	)		—		(0.95	)		1.07			13.39		16.78			388,985		0.83			0.83			0.11			101
Class IB		12.17		(0.02	)		—		1.98			1.96			—			(0.95	)		—		(0.95	)		1.01			13.18		16.49			189,987		1.08			1.08			(0.14	)		—

­ ­  235  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data(#) —																					— Ratios and Supplemental Data —
								Net
								Realized																	Net										Ratio of			Ratio of			Ratio of
								and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net					Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment			Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income			from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Growth HLS Fund — (continued)
For the Year Ended December 31, 2006
Class IA	$	12.54	$	0.01		$	0.01	$	0.56		$	0.58		$	(0.01	)	$	(0.79	)	$	—	$	(0.80	)	$	(0.22	)	$	12.32		4.61	%(e)	$	379,601		0.84	%		0.84	%		0.10	%		95	%
Class IB		12.42		(0.02	)		0.01		0.55			0.54			—			(0.79	)		—		(0.79	)		(0.25	)		12.17		4.35	(e)		190,063		1.09			1.09			(0.14	)		—
For the Year Ended December 31, 2005
Class IA		12.47		0.01			0.01		0.53			0.55			—			(0.48	)		—		(0.48	)		0.07			12.54		4.67	(e)		345,558		0.84			0.84			0.02			76
Class IB		12.38		(0.04	)		0.01		0.55			0.52			—			(0.48	)		—		(0.48	)		0.04			12.42		4.42	(e)		206,105		1.09			1.09			(0.23	)		—
For the Year Ended December 31, 2004
Class IA		11.16		0.01			—		1.39			1.40			—			(0.09	)		—		(0.09	)		1.31			12.47		12.49			249,473		0.86			0.86			0.09			79
Class IB		11.11		0.01			—		1.35			1.36			—			(0.09	)		—		(0.09	)		1.27			12.38		12.21			170,895		1.11			1.11			(0.16	)		—
For the Year Ended December 31, 2003
Class IA		8.66		(0.01	)		—		2.85			2.84			—			(0.34	)		—		(0.34	)		2.50			11.16		32.81			127,944		0.88			0.88			(0.20	)		111
Class IB		8.64		(0.02	)		—		2.83			2.81			—			(0.34	)		—		(0.34	)		2.47			11.11		32.48			90,188		1.13			1.13			(0.45	)		—
Hartford Growth Opportunities HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		32.75		0.06			—		(3.68	)		(3.62	)		—			(1.07	)		—		(1.07	)		(4.69	)		28.06		(11.13	)*		1,243,295		0.65	(d)		0.65	(d)		0.42	(d)		79
Class IB		32.40		0.02			—		(3.64	)		(3.62	)		—			(1.07	)		—		(1.07	)		(4.69	)		27.71		(11.24	)*		223,416		0.90	(d)		0.90	(d)		0.17	(d)		—
For the Year Ended December 31, 2007
Class IA		30.13		0.05			—		8.62			8.67			(0.05	)		(6.00	)		—		(6.05	)		2.62			32.75		29.65			1,415,613		0.64			0.64			0.16			135
Class IB		29.90		(0.02	)		—		8.53			8.51			(0.01	)		(6.00	)		—		(6.01	)		2.50			32.40		29.33			277,421		0.89			0.89			(0.09	)		—
For the Year Ended December 31, 2006
Class IA		30.07		0.22			0.03		3.27			3.52			(0.24	)		(3.22	)		—		(3.46	)		0.06			30.13		12.05	(e)		1,103,590		0.65			0.65			0.71			139
Class IB		29.85		0.14			0.03		3.25			3.42			(0.15	)		(3.22	)		—		(3.37	)		0.05			29.90		11.79	(e)		197,797		0.90			0.90			0.46			—
For the Year Ended December 31, 2005
Class IA		27.63		0.09			0.03		4.36			4.48			(0.06	)		(1.98	)		—		(2.04	)		2.44			30.07		16.31	(e)		1,012,774		0.64			0.64			0.33			140
Class IB		27.44		0.01			0.03		4.35			4.39			—			(1.98	)		—		(1.98	)		2.41			29.85		16.02	(e)		179,308		0.89			0.89			0.06			—
For the Year Ended December 31, 2004
Class IA		23.57		0.05			—		4.01			4.06			—			—			—		—			4.06			27.63		17.18			848,674		0.63			0.63			0.23			137
Class IB		23.48		0.03			—		3.93			3.96			—			—			—		—			3.96			27.44		16.89			112,896		0.88			0.88			(0.03	)		—
For the Year Ended December 31, 2003
Class IA		16.40		(0.01	)		—		7.18			7.17			—			—			—		—			7.17			23.57		43.79			696,900		0.64			0.64			(0.05	)		145
Class IB		16.37		(0.01	)		—		7.12			7.11			—			—			—		—			7.11			23.48		43.43			59,686		0.89			0.89			(0.30	)		—
Hartford High Yield HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		8.87		0.37			—		(0.56	)		(0.19	)		(0.03	)		—			—		(0.03	)		(0.22	)		8.65		(2.09	)*		422,516		0.74	(d)		0.74	(d)		8.25	(d)		59
Class IB		8.78		0.37			—		(0.56	)		(0.19	)		(0.03	)		—			—		(0.03	)		(0.22	)		8.56		(2.21	)*		187,594		0.99	(d)		0.99	(d)		8.00	(d)		—
For the Year Ended December 31, 2007(f)
Class IA		9.35		0.71			—		(0.45	)		0.26			(0.74	)		—			—		(0.74	)		(0.48	)		8.87		2.79			460,243		0.77			0.72			7.47			148
Class IB		9.27		0.68			—		(0.45	)		0.23			(0.72	)		—			—		(0.72	)		(0.49	)		8.78		2.53			222,712		1.02			0.97			7.20			—
For the Year Ended December 31, 2006(f)
Class IA		9.80		0.72			—		0.31			1.03			(1.48	)		—			—		(1.48	)		(0.45	)		9.35		11.17	(e)		471,327		0.77			0.72			7.39			160
Class IB		9.70		0.69			—		0.30			0.99			(1.42	)		—			—		(1.42	)		(0.43	)		9.27		10.89	(e)		264,525		1.02			0.97			7.14			—
For the Year Ended December 31, 2005
Class IA		10.26		0.74			0.05		(0.58	)		0.21			(0.67	)		—			—		(0.67	)		(0.46	)		9.80		2.13	(e)		443,859		0.77			0.76			6.51			138
Class IB		10.17		0.71			0.05		(0.59	)		0.17			(0.64	)		—			—		(0.64	)		(0.47	)		9.70		1.85	(e)		272,538		1.02			1.01			6.25			—
For the Year Ended December 31, 2004
Class IA		10.06		0.58			—		0.12			0.70			(0.50	)		—			—		(0.50	)		0.20			10.26		7.40			518,881		0.77			0.77			6.31			92
Class IB		9.98		0.64			—		0.03			0.67			(0.48	)		—			—		(0.48	)		0.19			10.17		7.14			309,672		1.02			1.02			6.06			—
For the Year Ended December 31, 2003
Class IA		8.49		0.19			—		1.75			1.94			(0.37	)		—			—		(0.37	)		1.57			10.06		23.18			481,315		0.78			0.78			7.00			44
Class IB		8.44		0.28			—		1.63			1.91			(0.37	)		—			—		(0.37	)		1.54			9.98		22.88			259,544		1.03			1.03			6.75			—
Hartford Index HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		31.54		0.28			—		(4.06	)		(3.78	)		(0.03	)		(0.40	)		—		(0.43	)		(4.21	)		27.33		(12.03	)*		1,109,712		0.33	(d)		0.33	(d)		1.82	(d)		1
Class IB		31.40		0.23			—		(4.03	)		(3.80	)		(0.03	)		(0.40	)		—		(0.43	)		(4.23	)		27.17		(12.14	)*		217,246		0.58	(d)		0.58	(d)		1.57	(d)		—
For the Year Ended December 31, 2007
Class IA		32.36		0.59			—		1.07			1.66			(0.57	)		(1.91	)		—		(2.48	)		(0.82	)		31.54		5.20			1,390,827		0.33			0.33			1.61			4
Class IB		32.22		0.48			—		1.09			1.57			(0.48	)		(1.91	)		—		(2.39	)		(0.82	)		31.40		4.94			271,967		0.58			0.58			1.36			—
For the Year Ended December 31, 2006
Class IA		31.97		0.56			—		4.05			4.61			(0.56	)		(3.66	)		—		(4.22	)		0.39			32.36		15.46	(e		1,598,176		0.42			0.33			1.60			4
Class IB		31.84		0.44			—		4.06			4.50			(0.46	)		(3.66	)		—		(4.12	)		0.38			32.22		15.17	(e)		276,850		0.67			0.58			1.36			—

­ ­  236  ­ ­

	— Selected Per-Share Data(#) —																				— Ratios and Supplemental Data —
							Net
							Realized																	Net										Ratio of			Ratio of			Ratio of
							and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net				Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment		Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income		from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Index HLS Fund — (continued)
For the Year Ended December 31, 2005
Class IA	$	32.17	$	0.51	$	—	$	0.90		$	1.41		$	(0.61	)	$	(1.00	)	$	—	$	(1.61	)	$	(0.20	)	$	31.97		4.50	%	$	1,701,424		0.42	%		0.42	%		1.46	%		5	%
Class IB		32.02		0.40		—		0.93			1.33			(0.51	)		(1.00	)		—		(1.51	)		(0.18	)		31.84		4.24			263,579		0.67			0.67			1.21			—
For the Year Ended December 31, 2004
Class IA		29.60		0.50		—		2.56			3.06			(0.39	)		(0.10	)		—		(0.49	)		2.57			32.17		10.39			1,973,470		0.44			0.44			1.60			5
Class IB		29.49		0.44		—		2.53			2.97			(0.34	)		(0.10	)		—		(0.44	)		2.53			32.02		10.12			252,959		0.69			0.69			1.35			—
For the Year Ended December 31, 2003
Class IA		23.46		0.36		—		6.23			6.59			(0.37	)		(0.08	)		—		(0.45	)		6.14			29.60		28.13			1,934,490		0.44			0.44			1.40			3
Class IB		23.39		0.31		—		6.19			6.50			(0.32	)		(0.08	)		—		(0.40	)		6.10			29.49		27.81			195,900		0.69			0.69			1.15			—
Hartford International Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		14.47		0.11		—		(2.79	)		(2.68	)		—			(0.57	)		—		(0.57	)		(3.25	)		11.22		(18.58	)*		620,977		0.83	(d)		0.83	(d)		1.71	(d)		169
Class IB		14.36		0.09		—		(2.76	)		(2.67	)		—			(0.57	)		—		(0.57	)		(3.24	)		11.12		(18.68	)*		237,833		1.08	(d)		1.08	(d)		1.42	(d)		—
For the Year Ended December 31, 2007
Class IA		14.18		0.11		—		3.13			3.24			(0.11	)		(2.84	)		—		(2.95	)		0.29			14.47		23.91			791,757		0.83			0.83			0.75			239
Class IB		14.10		0.08		—		3.09			3.17			(0.07	)		(2.84	)		—		(2.91	)		0.26			14.36		23.60			336,747		1.08			1.08			0.53			—
For the Year Ended December 31, 2006(f)
Class IA		12.48		0.10		—		2.84			2.94			(0.11	)		(1.13	)		—		(1.24	)		1.70			14.18		24.08	(e)		574,806		0.88			0.88			0.70			164
Class IB		12.40		0.06		—		2.83			2.89			(0.06	)		(1.13	)		—		(1.19	)		1.70			14.10		23.77	(e)		302,729		1.13			1.13			0.48			—
For the Year Ended December 31, 2005
Class IA		12.45		0.11		—		0.60			0.71			(0.10	)		(0.58	)		—		(0.68	)		0.03			12.48		6.16			370,555		0.93			0.93			1.05			179
Class IB		12.37		0.06		—		0.61			0.67			(0.06	)		(0.58	)		—		(0.64	)		0.03			12.40		5.89			244,572		1.18			1.18			0.79			—
For the Year Ended December 31, 2004
Class IA		10.20		0.05		—		2.44			2.49			—			(0.24	)		—		(0.24	)		2.25			12.45		24.72			208,703		0.97			0.97			0.86			215
Class IB		10.16		0.06		—		2.39			2.45			—			(0.24	)		—		(0.24	)		2.21			12.37		24.40			137,183		1.22			1.22			0.61			—
For the Year Ended December 31, 2003
Class IA		7.09		—		—		3.61			3.61			—			(0.50	)		—		(0.50	)		3.11			10.20		51.02			67,147		1.01			1.01			0.23			244
Class IB		7.08		—		—		3.58			3.58			—			(0.50	)		—		(0.50	)		3.08			10.16		50.65			63,698		1.26			1.26			(0.02	)		—
Hartford International Opportunities HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		15.62		0.20		—		(1.95	)		(1.75	)		(0.01	)		(0.54	)		—		(0.55	)		(2.30	)		13.32		(11.28	)*		1,731,321		0.70	(d)		0.70	(d)		2.85	(d)		65
Class IB		15.78		0.18		—		(1.97	)		(1.79	)		(0.01	)		(0.54	)		—		(0.55	)		(2.34	)		13.44		(11.39	)*		336,666		0.95	(d)		0.95	(d)		2.57	(d)		—
For the Year Ended December 31, 2007
Class IA		15.23		0.18		—		3.77			3.95			(0.19	)		(3.37	)		—		(3.56	)		0.39			15.62		27.43			2,027,078		0.71			0.71			1.13			135
Class IB		15.36		0.16		—		3.78			3.94			(0.15	)		(3.37	)		—		(3.52	)		0.42			15.78		27.11			417,144		0.96			0.96			0.89			—
For the Year Ended December 31, 2006
Class IA		13.59		0.22		—		3.05			3.27			(0.40	)		(1.23	)		—		(1.63	)		1.64			15.23		24.46	(e)		1,596,055		0.75			0.75			1.47			119
Class IB		13.52		0.18		—		3.07			3.25			(0.18	)		(1.23	)		—		(1.41	)		1.84			15.36		24.15	(e)		382,371		1.00			1.00			1.24			—
For the Year Ended December 31, 2005
Class IA		11.86		0.14		—		1.59			1.73			—			—			—		—			1.73			13.59		14.62			1,251,426		0.78			0.78			1.22			120
Class IB		11.83		0.13		—		1.56			1.69			—			—			—		—			1.69			13.52		14.33			319,626		1.03			1.03			0.97			—
For the Year Ended December 31, 2004
Class IA		10.11		0.10		—		1.73			1.83			(0.08	)		—			—		(0.08	)		1.75			11.86		18.08			1,054,884		0.80			0.80			1.13			142
Class IB		10.09		0.08		—		1.72			1.80			(0.06	)		—			—		(0.06	)		1.74			11.83		17.79			247,752		1.05			1.05			0.88			—
For the Year Ended December 31, 2003
Class IA		7.66		0.09		—		2.44			2.53			(0.08	)		—			—		(0.08	)		2.45			10.11		33.10			823,760		0.83			0.83			1.08			144
Class IB		7.66		0.07		—		2.43			2.50			(0.07	)		—			—		(0.07	)		2.43			10.09		32.76			76,246		1.08			1.08			0.83			—
Hartford International Small Company HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		15.07		0.16		—		(1.47	)		(1.31	)		(0.02	)		(0.37	)		—		(0.39	)		(1.70	)		13.37		(8.78	)*		258,431		0.89	(d)		0.89	(d)		2.30	(d)		46
Class IB		14.93		0.14		—		(1.46	)		(1.32	)		(0.02	)		(0.37	)		—		(0.39	)		(1.71	)		13.22		(8.90	)*		80,656		1.14	(d)		1.14	(d)		2.03	(d)		—
For the Year Ended December 31, 2007
Class IA		16.77		0.18		—		1.23			1.41			(0.31	)		(2.80	)		—		(3.11	)		(1.70	)		15.07		9.01			312,269		0.88			0.88			0.81			97
Class IB		16.64		0.13		—		1.22			1.35			(0.26	)		(2.80	)		—		(3.06	)		(1.71	)		14.93		8.73			105,771		1.13			1.13			0.56			—
For the Year Ended December 31, 2006
Class IA		14.84		0.18		—		4.08			4.26			(0.32	)		(2.01	)		—		(2.33	)		1.93			16.77		29.34	(e)		294,660		0.93			0.93			1.05			99
Class IB		14.71		0.15		—		4.04			4.19			(0.25	)		(2.01	)		—		(2.26	)		1.93			16.64		29.01	(e)		117,251		1.18			1.18			0.82			—
For the Year Ended December 31, 2005
Class IA		14.52		0.11		—		2.44			2.55			(0.38	)		(1.85	)		—		(2.23	)		0.32			14.84		18.60			193,712		1.00			1.00			1.19			95
Class IB		14.42		0.08		—		2.40			2.48			(0.34	)		(1.85	)		—		(2.19	)		0.29			14.71		18.30			92,157		1.25			1.25			0.97			—

­ ­  237  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data(#) —																					— Ratios and Supplemental Data —
								Net
								Realized																	Net										Ratio of			Ratio of			Ratio of
								and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net					Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment			Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income			from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford International Small Company HLS Fund — (continued)
For the Year Ended December 31, 2004
Class IA	$	12.62	$	0.16		$	—	$	1.96		$	2.12		$	—		$	(0.22	)	$	—	$	(0.22	)	$	1.90		$	14.52		16.96	%	$	84,012		1.08	%		1.08	%		1.53	%		119	%
Class IB		12.56		0.14			—		1.94			2.08			—			(0.22	)		—		(0.22	)		1.86			14.42		16.67			54,750		1.33			1.33			1.28			—
For the Year Ended December 31, 2003
Class IA		8.89		0.09			—		4.68			4.77			(0.11	)		(0.93	)		—		(1.04	)		3.73			12.62		53.73			44,088		1.23			1.23			1.35			150
Class IB		8.86		0.08			—		4.64			4.72			(0.09	)		(0.93	)		—		(1.02	)		3.70			12.56		53.35			22,704		1.48			1.48			1.10			—
Hartford LargeCap Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		19.78		0.05			—		(2.04	)		(1.99	)		(0.01	)		(2.08	)		—		(2.09	)		(4.08	)		15.70		(10.39	)*		142,097		0.67	(d)		0.67	(d)		0.56	(d)		90
Class IB(i)		17.22		0.01			—		0.55			0.56			(0.01	)		(2.08	)		—		(2.09	)		(1.53	)		15.69		(10.50	)*		347		0.92	(d)		0.92	(d)		0.27	(d)		—
For the Year Ended December 31, 2007
Class IA		20.18		0.11			—		1.02			1.13			(0.11	)		(1.42	)		—		(1.53	)		(0.40	)		19.78		5.52			171,565		0.68			0.47			0.53			247
For the Year Ended December 31, 2006
Class IA		18.74		0.07			—		1.44			1.51			(0.07	)		—			—		(0.07	)		1.44			20.18		8.04			139,150		0.89			0.78			0.31			116
For the Year Ended December 31, 2005
Class IA		17.84		0.07			—		0.98			1.05			(0.15	)		—			—		(0.15	)		0.90			18.74		5.85			155,020		0.91			0.81			0.32			27
For the Year Ended December 31, 2004
Class IA		16.42		0.10			—		1.35			1.45			(0.03	)		—			—		(0.03	)		1.42			17.84		8.90			173,702		0.90			0.90			0.56			26
For the Year Ended December 31, 2003
Class IA		12.70		0.03			—		3.69			3.72			—			—			—		—			3.72			16.42		29.30			182,530		0.90			0.90			0.22			28
Hartford MidCap HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		26.34		0.05			—		(0.74	)		(0.69	)		(0.01	)		(1.10	)		—		(1.11	)		(1.80	)		24.54		(2.74	)*		2,498,218		0.68	(d)		0.68	(d)		0.41	(d)		34
Class IB		26.08		0.02			—		(0.74	)		(0.72	)		(0.01	)		(1.10	)		—		(1.11	)		(1.83	)		24.25		(2.86	)*		272,353		0.93	(d)		0.93	(d)		0.16	(d)		—
For the Year Ended December 31, 2007(f)
Class IA		26.99		0.06			—		3.99			4.05			(0.15	)		(4.55	)		—		(4.70	)		(0.65	)		26.34		15.30			2,716,285		0.69			0.69			0.22			79
Class IB		26.76		(0.01	)		—		3.95			3.94			(0.07	)		(4.55	)		—		(4.62	)		(0.68	)		26.08		15.01			302,151		0.94			0.94			(0.03	)		—
For the Year Ended December 31, 2006
Class IA		28.73		0.33			0.04		2.92			3.29			(0.33	)		(4.70	)		—		(5.03	)		(1.74	)		26.99		11.74	(e)		2,606,275		0.68			0.68			1.06			89
Class IB		28.53		0.25			0.04		2.89			3.18			(0.25	)		(4.70	)		—		(4.95	)		(1.77	)		26.76		11.46	(e)		274,695		0.93			0.93			0.82			—
For the Year Ended December 31, 2005
Class IA		28.61		0.11			0.01		4.60			4.72			(0.12	)		(4.48	)		—		(4.60	)		0.12			28.73		16.78	(e)		2,529,805		0.70			0.70			0.39			70
Class IB		28.42		0.01			0.01		4.59			4.61			(0.02	)		(4.48	)		—		(4.50	)		0.11			28.53		16.49	(e)		254,833		0.95			0.95			0.14			—
For the Year Ended December 31, 2004
Class IA		24.63		0.12			—		3.93			4.05			(0.07	)		—			—		(0.07	)		3.98			28.61		16.44			2,193,649		0.70			0.70			0.47			60
Class IB		24.50		0.08			—		3.87			3.95			(0.03	)		—			—		(0.03	)		3.92			28.42		16.15			221,727		0.95			0.95			0.22			—
For the Year Ended December 31, 2003
Class IA		17.93		0.04			—		6.71			6.75			(0.05	)		—			—		(0.05	)		6.70			24.63		37.67			1,946,881		0.72			0.72			0.20			75
Class IB		17.84		(0.01	)		—		6.67			6.66			—			—			—		—			6.66			24.50		37.33			179,439		0.97			0.97			(0.05	)		—
Hartford MidCap Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		10.19		0.02			—		(1.01	)		(0.99	)		—			(0.09	)		—		(0.09	)		(1.08	)		9.11		(9.79	)*		51,506		0.85	(d)		0.85	(d)		0.49	(d)		111
Class IB(i)		9.04		—			—		0.16			0.16			—			(0.09	)		—		(0.09	)		0.07			9.11		(9.90	)*		1,222		1.10	(d)		1.10	(d)		0.45	(d)		—
For the Year Ended December 31, 2007
Class IA		10.88		0.03			0.02		1.22			1.28			(0.06	)		(1.91	)		—		(1.97	)		(0.69	)		10.19		11.65	(e)		51,196		0.85			0.65			0.26			231
For the Year Ended December 31, 2006
Class IA		11.33		(0.01	)		—		1.39			1.38			—			(1.83	)		—		(1.83	)		(0.45	)		10.88		12.27			53,395		0.98			0.78			(0.08	)		211
For the Year Ended December 31, 2005
Class IA		12.63		(0.04	)		—		0.53			0.49			—			(1.79	)		—		(1.79	)		(1.30	)		11.33		4.55			55,209		1.01			0.81			(0.39	)		112
For the Year Ended December 31, 2004
Class IA		11.21		0.01			—		1.43			1.44			(0.02	)		—			—		(0.02	)		1.42			12.63		12.83			59,730		0.94			0.94			0.02			179
For the Year Ended December 31, 2003
Class IA		8.57		0.02			—		2.64			2.66			(0.02	)		—			—		(0.02	)		2.64			11.21		31.05			56,285		0.95			0.95			0.16			76
Hartford MidCap Value HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		12.34		0.03			—		(1.90	)		(1.87	)		—			(2.18	)		—		(2.18	)		(4.05	)		8.29		(15.70	)*		488,430		0.80	(d)		0.80	(d)		0.69	(d)		23
Class IB		12.30		0.02			—		(1.90	)		(1.88	)		—			(2.18	)		—		(2.18	)		(4.06	)		8.24		(15.81	)*		213,563		1.05	(d)		1.05	(d)		0.43	(d)		—
For the Year Ended December 31, 2007
Class IA		14.18		0.08			—		0.51			0.59			(0.07	)		(2.36	)		—		(2.43	)		(1.84	)		12.34		2.13			615,430		0.79			0.79			0.53			50
Class IB		14.13		0.04			—		0.53			0.57			(0.04	)		(2.36	)		—		(2.40	)		(1.83	)		12.30		1.87			300,502		1.04			1.04			0.28			—

­ ­  238  ­ ­

	— Selected Per-Share Data(#) —																					— Ratios and Supplemental Data —
								Net
								Realized																	Net										Ratio of			Ratio of			Ratio of
								and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net					Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment			Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income			from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford MidCap Value HLS Fund — (continued)
For the Year Ended December 31, 2006
Class IA	$	14.01	$	0.10		$	0.01	$	2.11		$	2.22		$	(0.12	)	$	(1.93	)	$	—	$	(2.05	)	$	0.17		$	14.18		17.88	%(e)	$	721,469		0.78	%		0.78	%		0.73	%		41	%
Class IB		13.96		0.07			0.01		2.10			2.18			(0.08	)		(1.93	)		—		(2.01	)		0.17			14.13		17.59	(e)		370,771		1.03			1.03			0.51			—
For the Year Ended December 31, 2005
Class IA		14.16		0.06			0.01		1.23			1.30			(0.08	)		(1.37	)		—		(1.45	)		(0.15	)		14.01		9.99	(e)		721,631		0.79			0.79			0.35			49
Class IB		14.08		(0.02	)		0.01		1.27			1.26			(0.01	)		(1.37	)		—		(1.38	)		(0.12	)		13.96		9.71	(e)		391,264		1.04			1.04			0.10			—
For the Year Ended December 31, 2004
Class IA		12.37		0.03			—		1.96			1.99			(0.01	)		(0.19	)		—		(0.20	)		1.79			14.16		16.30			770,328		0.80			0.80			0.34			87
Class IB		12.32		0.02			—		1.93			1.95			—			(0.19	)		—		(0.19	)		1.76			14.08		16.01			435,812		1.05			1.05			0.09			—
For the Year Ended December 31, 2003
Class IA		8.63		0.01			—		3.73			3.74			—			—			—		—			3.74			12.37		43.29			592,014		0.83			0.83			0.25			59
Class IB		8.62		0.01			—		3.69			3.70			—			—			—		—			3.70			12.32		42.93			318,093		1.08			1.08			—			—
Hartford Money Market HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		1.39	*		2,977,691		0.45	(d)		0.40	(d)		2.74	(d)		—
Class IB		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		1.26	*		576,319		0.70	(d)		0.65	(d)		2.49	(d)		—
For the Year Ended December 31, 2007
Class IA		1.00		0.05			—		—			0.05			(0.05	)		—			—		(0.05	)		—			1.00		4.95			2,224,124		0.47			0.42			4.83			—
Class IB		1.00		0.05			—		—			0.05			(0.05	)		—			—		(0.05	)		—			1.00		4.69			452,976		0.72			0.67			4.58			—
For the Year Ended December 31, 2006
Class IA		1.00		0.05			—		—			0.05			(0.05	)		—			—		(0.05	)		—			1.00		4.69			1,558,433		0.48			0.48			4.63			—
Class IB		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		4.43			319,926		0.73			0.73			4.38			—
For the Year Ended December 31, 2005
Class IA		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		2.84			1,353,836		0.49			0.49			2.79			—
Class IB		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		2.58			264,040		0.75			0.75			2.54			—
For the Year Ended December 31, 2004
Class IA		1.00		—			—		—			—			—			—			—		—			—			1.00		0.94			1,294,525		0.48			0.48			0.93			—
Class IB		1.00		—			—		—			—			—			—			—		—			—			1.00		0.69			252,808		0.73			0.73			0.68			—
For the Year Ended December 31, 2003
Class IA		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		0.75			1,609,439		0.49			0.49			0.75			—
Class IB		1.00		—			—		—			—			—			—			—		—			—			1.00		0.50			240,930		0.74			0.74			0.50			—
Hartford Mortgage Securities HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		10.57		0.29			—		(0.45	)		(0.16	)		(0.03	)		—			—		(0.03	)		(0.19	)		10.38		(1.43	)*		304,486		0.48	(d)		0.48	(d)		5.10	(d)		35
Class IB		10.50		0.28			—		(0.45	)		(0.17	)		(0.03	)		—			—		(0.03	)		(0.20	)		10.30		(1.56	)*		95,160		0.73	(d)		0.73	(d)		4.85	(d)		—
For the Year Ended December 31, 2007
Class IA		10.82		0.61			—		(0.25	)		0.36			(0.61	)		—			—		(0.61	)		(0.25	)		10.57		3.39			352,673		0.49			0.49			5.10			76
Class IB		10.75		0.59			—		(0.26	)		0.33			(0.58	)		—			—		(0.58	)		(0.25	)		10.50		3.13			114,102		0.74			0.74	��		4.85			—
For the Year Ended December 31, 2006(f)
Class IA		11.50		0.54			—		(0.03	)		0.51			(1.19	)		—			—		(1.19	)		(0.68	)		10.82		4.68			406,971		0.49			0.49			4.76			45
Class IB		11.40		0.50			—		(0.02	)		0.48			(1.13	)		—			—		(1.13	)		(0.65	)		10.75		4.41			136,537		0.74			0.74			4.51			—
For the Year Ended December 31, 2005
Class IA		11.71		0.55			—		(0.28	)		0.27			(0.48	)		—			—		(0.48	)		(0.21	)		11.50		2.36			457,600		0.49			0.49			4.25			131
Class IB		11.61		0.53			—		(0.29	)		0.24			(0.45	)		—			—		(0.45	)		(0.21	)		11.40		2.11			163,031		0.74			0.74			4.00			—
For the Year Ended December 31, 2004
Class IA		11.84		0.42			—		0.05			0.47			(0.58	)		(0.02	)		—		(0.60	)		(0.13	)		11.71		4.12			521,171		0.49			0.49			3.29			100
Class IB		11.75		0.45			—		(0.02	)		0.43			(0.55	)		(0.02	)		—		(0.57	)		(0.14	)		11.61		3.86			180,232		0.74			0.74			3.04			—
For the Year Ended December 31, 2003
Class IA		12.01		0.35			—		(0.08	)		0.27			(0.38	)		(0.06	)		—		(0.44	)		(0.17	)		11.84		2.29			587,833		0.49			0.49			2.84			338
Class IB		11.94		0.38			—		(0.14	)		0.24			(0.37	)		(0.06	)		—		(0.43	)		(0.19	)		11.75		2.03			180,982		0.74			0.74			2.59			—
Hartford Small Company HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		18.62		0.01			—		(1.92	)		(1.91	)		—			(0.05	)		—		(0.05	)		(1.96	)		16.66		(10.26	)*		1,209,135		0.71	(d)		0.71	(d)		0.17	(d)		97
Class IB		18.20		(0.01	)		—		(1.87	)		(1.88	)		—			(0.05	)		—		(0.05	)		(1.93	)		16.27		(10.33	)*		284,413		0.96	(d)		0.96	(d)		(0.08	)(d)		—
For the Year Ended December 31, 2007(f)
Class IA		19.07		—			0.04		2.57			2.61			(0.05	)		(3.01	)		—		(3.06	)		(0.45	)		18.62		14.23	(e)		1,292,444		0.70			0.70			(0.02	)		167	(j)
Class IB		18.71		(0.05	)		0.04		2.51			2.50			—			(3.01	)		—		(3.01	)		(0.51	)		18.20		13.94	(e)		312,775		0.95			0.95			(0.27	)		—
For the Year Ended December 31, 2006
Class IA		19.66		0.05			0.02		2.75			2.82			(0.04	)		(3.37	)		—		(3.41	)		(0.59	)		19.07		14.43	(e)		1,138,830		0.73			0.73			0.21			177
Class IB		19.38		—			0.02		2.70			2.72			(0.02	)		(3.37	)		—		(3.39	)		(0.67	)		18.71		14.14	(e)		304,757		0.98			0.98			(0.03	)		—

­ ­  239  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data(#) —																						— Ratios and Supplemental Data —
								Net
								Realized																		Net										Ratio of			Ratio of			Ratio of
								and									Distributions									Increase										Expenses			Expenses			Net
	Net Asset		Net					Unrealized			Total			Dividends			from									(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment			Payments		Gain			from			from Net			Realized			Distributions						in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income			from (to)		(Loss) on			Investment			Investment			Capital			from			Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital			Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Small Company HLS Fund — (continued)
For the Year Ended December 31, 2005
Class IA	$	16.25	$	(0.04	)	$	0.02	$	3.43		$	3.41		$	—		$	—		$	—		$	—		$	3.41		$	19.66		21.01	%(e)	$	1,017,271		0.75	%		0.75	%		(0.08	)%		106	%
Class IB		16.06		(0.05	)		0.02		3.35			3.32			—			—			—			—			3.32			19.38		20.71	(e)		220,310		1.00			1.00			(0.34	)		—
For the Year Ended December 31, 2004
Class IA		14.49		(0.07	)		—		1.83			1.76			—			—			—			—			1.76			16.25		12.18			904,912		0.75			0.75			(0.41	)		141
Class IB		14.35		(0.09	)		—		1.80			1.71			—			—			—			—			1.71			16.06		11.90			230,452		1.00			1.00			(0.66	)		—
For the Year Ended December 31, 2003
Class IA		9.29		(0.04	)		—		5.24			5.20			—			—			—			—			5.20			14.49		55.87			851,283		0.76			0.76			(0.49	)		171
Class IB		9.23		(0.04	)		—		5.16			5.12			—			—			—			—			5.12			14.35		55.48			190,456		1.01			1.01			(0.74	)		—
Hartford SmallCap Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		18.71		0.02			—		(1.31	)		(1.29	)		(0.03	)		(0.12	)		—			(0.15	)		(1.44	)		17.27		(6.87	)*		537,750		0.64	(d)		0.64	(d)		0.18	(d)		48
Class IB		18.66		—			—		(1.30	)		(1.30	)		(0.03	)		(0.12	)		—			(0.15	)		(1.45	)		17.21		(6.99	)*		195,492		0.89	(d)		0.89	(d)		(0.07	)(d)		—
For the Year Ended December 31, 2007
Class IA		20.79		0.11			—		(0.53	)		(0.42	)		(0.06	)		(1.60	)		—			(1.66	)		(2.08	)		18.71		(1.84	)		640,853		0.63			0.63			0.52			84
Class IB		20.74		0.06			—		(0.54	)		(0.48	)		—			(1.60	)		—			(1.60	)		(2.08	)		18.66		(2.09	)		227,424		0.88			0.88			0.27			—
For the Year Ended December 31, 2006
Class IA		20.88		0.09			—		1.35			1.44			(0.08	)		(1.45	)		—			(1.53	)		(0.09	)		20.79		6.86	(e)		746,266		0.64			0.64			0.42			92
Class IB		20.83		0.04			—		1.35			1.39			(0.03	)		(1.45	)		—			(1.48	)		(0.09	)		20.74		6.59	(e)		273,736		0.89			0.89			0.17			—
For the Year Ended December 31, 2005
Class IA		20.26		0.05			0.04		2.13			2.22			(0.08	)		(1.22	)		(0.30	)		(1.60	)		0.62			20.88		11.02	(e)		704,168		0.63			0.63			0.20			77
Class IB		20.21		(0.02	)		0.04		2.15			2.17			(0.03	)		(1.22	)		(0.30	)		(1.55	)		0.62			20.83		10.78	(e)		271,859		0.88			0.88			(0.05	)		—
For the Year Ended December 31, 2004
Class IA		17.55		0.04			—		2.67			2.71			—			—			—			—			2.71			20.26		15.43			503,717		0.64			0.64			0.27			88
Class IB		17.55		0.03			—		2.63			2.66			—			—			—			—			2.66			20.21		15.14			201,589		0.89			0.89			0.02			—
For the Year Ended December 31, 2003
Class IA		11.70		—			—		5.85			5.85			—			—			—			—			5.85			17.55		50.06			346,380		0.66			0.66			(0.01	)		101
Class IB		11.73		(0.01	)		—		5.83			5.82			—			—			—			—			5.82			17.55		49.70			74,592		0.91			0.91			(0.26	)		—
Hartford SmallCap Value HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		10.69		0.08			—		(1.39	)		(1.31	)		—			(0.08	)		—			(0.08	)		(1.39	)		9.30		(12.30	)*		68,243		0.96	(d)		0.96	(d)		1.57	(d)		25
Class IB		10.66		0.05			—		(1.37	)		(1.32	)		—			(0.08	)		—			(0.08	)		(1.40	)		9.26		(12.44	)*		337		1.21	(d)		1.21	(d)		1.56	(d)		—
For the Year Ended December 31, 2007
Class IA		12.99		0.18			—		(0.77	)		(0.59	)		(0.17	)		(1.54	)		—			(1.71	)		(2.30	)		10.69		(4.44	)		81,895		0.96			0.96			1.27			51
Class IB		12.97		0.11			—		(0.73	)		(0.62	)		(0.15	)		(1.54	)		—			(1.69	)		(2.31	)		10.66		(4.67	)		240		1.21			1.21			1.08			—
For the Year Ended December 31, 2006
Class IA		13.77		0.21			—		2.26			2.47			(0.20	)		(3.05	)		—			(3.25	)		(0.78	)		12.99		18.31			102,233		0.99			0.99			1.35			166
Class IB		13.74		0.17			—		2.27			2.44			(0.16	)		(3.05	)		—			(3.21	)		(0.77	)		12.97		18.02			171		1.24			1.24			1.07			—
For the Year Ended December 31, 2005
Class IA		16.61		0.15			—		1.08			1.23			(0.23	)		(3.84	)		—			(4.07	)		(2.84	)		13.77		8.11			103,350		0.92			0.92			0.94			49
Class IB		16.59		0.16			—		1.02			1.18			(0.19	)		(3.84	)		—			(4.03	)		(2.85	)		13.74		7.83			146		1.17			1.17			0.71			—
For the Year Ended December 31, 2004
Class IA		14.81		0.13			—		1.92			2.05			(0.10	)		(0.15	)		—			(0.25	)		1.80			16.61		13.98			114,296		0.92			0.92			0.80			51
Class IB		14.78		0.15			—		1.91			2.06			(0.10	)		(0.15	)		—			(0.25	)		1.81			16.59		14.06			32		1.17			1.17			0.55			—
For the Year Ended December 31, 2003
Class IA		10.88		0.13			—		4.01			4.14			(0.06	)		(0.15	)		—			(0.21	)		3.93			14.81		38.46			105,589		0.92			0.92			0.99			57
Class IB(k)		12.06		—			—		2.72			2.72			—			—			—			—			2.72			14.78		25.54	*		1		1.17	(d)		1.17	(d)		0.74	(d)		—
Hartford Stock HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		47.11		0.31			—		(7.02	)		(6.71	)		(0.07	)		(0.24	)		—			(0.31	)		(7.02	)		40.09		(14.28	)*		3,047,762		0.49	(d)		0.49	(d)		1.35	(d)		40
Class IB		47.00		0.25			—		(7.00	)		(6.75	)		(0.07	)		(0.24	)		—			(0.31	)		(7.06	)		39.94		(14.39	)*		496,234		0.74	(d)		0.74	(d)		1.10	(d)		—
For the Year Ended December 31, 2007
Class IA		52.57		0.60			—		2.43			3.03			(0.57	)		(7.92	)		—			(8.49	)		(5.46	)		47.11		5.90			3,909,045		0.49			0.49			1.01			96
Class IB		52.45		0.45			—		2.44			2.89			(0.42	)		(7.92	)		—			(8.34	)		(5.45	)		47.00		5.64			652,838		0.74			0.74			0.76			—
For the Year Ended December 31, 2006
Class IA		49.21		0.72			0.06		6.41			7.19			(0.71	)		(3.12	)		—			(3.83	)		3.36			52.57		14.65	(e)		4,498,001		0.49			0.49			1.27			97
Class IB		49.10		0.56			0.06		6.42			7.04			(0.57	)		(3.12	)		—			(3.69	)		3.35			52.45		14.37	(e)		758,802		0.74			0.74			1.02			—
For the Year Ended December 31, 2005
Class IA		45.72		0.66			—		3.72			4.38			(0.89	)		—			—			(0.89	)		3.49			49.21		9.62			4,787,612		0.50			0.50			1.21			91
Class IB		45.59		0.51			—		3.74			4.25			(0.74	)		—			—			(0.74	)		3.51			49.10		9.35			770,163		0.75			0.75			0.96			—

­ ­  240  ­ ­

	— Selected Per-Share Data(#) —																				— Ratios and Supplemental Data —
							Net
							Realized																	Net										Ratio of			Ratio of			Ratio of
							and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net				Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment		Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income		from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Stock HLS Fund — (continued)
For the Year Ended December 31, 2004
Class IA	$	44.37	$	0.74	$	—	$	1.10		$	1.84		$	(0.49	)	$	—		$	—	$	(0.49	)	$	1.35		$	45.72		4.17	%	$	5,657,942		0.49	%		0.49	%		1.61	%		30	%
Class IB		44.29		0.64		—		1.08			1.72			(0.42	)		—			—		(0.42	)		1.30			45.59		3.91			718,293		0.74			0.74			1.36			—
For the Year Ended December 31, 2003
Class IA		35.46		0.46		—		8.93			9.39			(0.48	)		—			—		(0.48	)		8.91			44.37		26.47			6,014,675		0.49			0.49			1.18			37
Class IB		35.42		0.38		—		8.88			9.26			(0.39	)		—			—		(0.39	)		8.87			44.29		26.16			562,979		0.74			0.74			0.93			—
Hartford Total Return Bond HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		11.15		0.30		—		(0.33	)		(0.03	)		(0.04	)		—			—		(0.04	)		(0.07	)		11.08		(0.29	)*		3,521,534		0.50	(d)		0.50	(d)		5.39	(d)		94
Class IB		11.09		0.30		—		(0.34	)		(0.04	)		(0.04	)		—			—		(0.04	)		(0.08	)		11.01		(0.41	)*		962,014		0.75	(d)		0.75	(d)		5.13	(d)		—
For the Year Ended December 31, 2007(f)
Class IA		11.24		0.60		—		(0.08	)		0.52			(0.61	)		—			—		(0.61	)		(0.09	)		11.15		4.67			3,458,709		0.49			0.49			5.27			223
Class IB		11.19		0.57		—		(0.09	)		0.48			(0.58	)		—			—		(0.58	)		(0.10	)		11.09		4.41			1,036,330		0.74			0.74			5.01			—
For the Year Ended December 31, 2006(f)
Class IA		11.27		0.55		—		(0.01	)		0.54			(0.57	)		—			—		(0.57	)		(0.03	)		11.24		4.80	(e)		3,041,321		0.50			0.50			4.82			344
Class IB		11.20		0.51		—		—			0.51			(0.52	)		—			—		(0.52	)		(0.01	)		11.19		4.54	(e)		1,040,408		0.75			0.75			4.56			—
For the Year Ended December 31, 2005
Class IA		11.94		0.44		—		(0.14	)		0.30			(0.88	)		(0.09	)		—		(0.97	)		(0.67	)		11.27		2.45			2,745,115		0.50			0.50			4.09			190
Class IB		11.86		0.43		—		(0.17	)		0.26			(0.83	)		(0.09	)		—		(0.92	)		(0.66	)		11.20		2.19			1,068,600		0.75			0.75			3.84			—
For the Year Ended December 31, 2004
Class IA		12.32		0.40		—		0.12			0.52			(0.58	)		(0.32	)		—		(0.90	)		(0.38	)		11.94		4.62			2,507,021		0.50			0.50			3.72			164
Class IB		12.25		0.45		—		0.04			0.49			(0.56	)		(0.32	)		—		(0.88	)		(0.39	)		11.86		4.36			991,065		0.75			0.75			3.47			—
For the Year Ended December 31, 2003
Class IA		11.95		0.36		—		0.57			0.93			(0.50	)		(0.06	)		—		(0.56	)		0.37			12.32		7.85			2,332,343		0.50			0.50			3.74			215
Class IB		11.90		0.40		—		0.50			0.90			(0.49	)		(0.06	)		—		(0.55	)		0.35			12.25		7.58			734,768		0.75			0.75			3.49			—
Hartford U.S. Government Securities HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		11.15		0.21		—		(0.18	)		0.03			(0.48	)		—			—		(0.48	)		(0.45	)		10.70		0.26	*		994,047		0.47	(d)		0.47	(d)		4.54	(d)		62
Class IB		11.10		0.27		—		(0.26	)		0.01			(0.45	)		—			—		(0.45	)		(0.44	)		10.66		0.14	*		281,897		0.72	(d)		0.72	(d)		4.29	(d)		—
For the Year Ended December 31, 2007(f)
Class IA		11.13		0.54		—		(0.07	)		0.47			(0.45	)		—			—		(0.45	)		0.02			11.15		4.38			925,088		0.47			0.47			4.86			95
Class IB		11.07		0.51		—		(0.06	)		0.45			(0.42	)		—			—		(0.42	)		0.03			11.10		4.12			297,934		0.72			0.72			4.61			—
For the Year Ended December 31, 2006(f)
Class IA		11.09		0.49		—		(0.06	)		0.43			(0.39	)		—			—		(0.39	)		0.04			11.13		4.01			711,639		0.48			0.48			4.48			199
Class IB		11.03		0.46		—		(0.06	)		0.40			(0.36	)		—			—		(0.36	)		0.04			11.07		3.75			290,963		0.73			0.73			4.21			—
For the Year Ended December 31, 2005
Class IA		11.24		0.35		—		(0.17	)		0.18			(0.33	)		—			—		(0.33	)		(0.15	)		11.09		1.55			591,007		0.47			0.47			3.60			257
Class IB		11.19		0.37		—		(0.22	)		0.15			(0.31	)		—			—		(0.31	)		(0.16	)		11.03		1.30			323,920		0.72			0.72			3.34			—
For the Year Ended December 31, 2004
Class IA		11.43		0.29		—		(0.07	)		0.22			(0.41	)		—			—		(0.41	)		(0.19	)		11.24		2.07			523,819		0.47			0.47			3.08			247
Class IB		11.39		0.37		—		(0.18	)		0.19			(0.39	)		—			—		(0.39	)		(0.20	)		11.19		1.82			294,711		0.72			0.72			2.83			—
For the Year Ended December 31, 2003
Class IA		11.36		0.31		—		(0.07	)		0.24			(0.17	)		—			—		(0.17	)		0.07			11.43		2.15			514,243		0.47			0.47			2.74			191
Class IB		11.34		0.27		—		(0.05	)		0.22			(0.17	)		—			—		(0.17	)		0.05			11.39		1.89			239,023		0.72			0.72			2.49			—
Hartford Value HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		12.83		0.09		—		(1.31	)		(1.22	)		(0.02	)		(0.70	)		—		(0.72	)		(1.94	)		10.89		(9.64	)*		323,676		0.84	(d)		0.84	(d)		1.69	(d)		28
Class IB		12.81		0.09		—		(1.33	)		(1.24	)		(0.02	)		(0.70	)		—		(0.72	)		(1.96	)		10.85		(9.75	)*		101,812		1.09	(d)		1.09	(d)		1.43	(d)		—
For the Year Ended December 31, 2007
Class IA		13.06		0.17		—		1.02			1.19			(0.17	)		(1.25	)		—		(1.42	)		(0.23	)		12.83		8.98			327,689		0.84			0.84			1.42			35
Class IB		13.03		0.16		—		1.00			1.16			(0.13	)		(1.25	)		—		(1.38	)		(0.22	)		12.81		8.70			131,651		1.09			1.09			1.14			—
For the Year Ended December 31, 2006
Class IA		11.18		0.15		—		2.23			2.38			(0.15	)		(0.35	)		—		(0.50	)		1.88			13.06		21.82	(e)		277,982		0.85			0.85			1.37			40
Class IB		11.14		0.13		—		2.21			2.34			(0.10	)		(0.35	)		—		(0.45	)		1.89			13.03		21.52	(e)		148,135		1.10			1.10			1.10			—
For the Year Ended December 31, 2005
Class IA		10.73		0.15		—		0.71			0.86			(0.27	)		(0.14	)		—		(0.41	)		0.45			11.18		8.13			193,655		0.86			0.86			1.42			30
Class IB		10.67		0.10		—		0.73			0.83			(0.22	)		(0.14	)		—		(0.36	)		0.47			11.14		7.86			129,771		1.11			1.11			1.17			—
For the Year Ended December 31, 2004
Class IA		9.72		0.13		—		0.91			1.04			(0.03	)		—			—		(0.03	)		1.01			10.73		10.71			162,644		0.87			0.87			1.36			45
Class IB		9.69		0.12		—		0.89			1.01			(0.03	)		—			—		(0.03	)		(0.98	)		10.67		10.43			120,227		1.12			1.12			1.11			—

­ ­  241  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Financial Highlights — (continued)

	— Selected Per-Share Data(#) —																				— Ratios and Supplemental Data —
							Net
							Realized																	Net										Ratio of			Ratio of			Ratio of
							and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net				Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment		Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income		from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)		Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Value HLS Fund — (continued)
For the Year Ended December 31, 2003
Class IA	$	7.61	$	0.10	$	—	$	2.08		$	2.18		$	(0.07	)	$	—		$	—	$	(0.07	)	$	2.11		$	9.72		28.60	%	$	155,085		0.87	%		0.87	%		1.53	%		40	%
Class IB		7.60		0.09		—		2.06			2.15			(0.06	)		—			—		(0.06	)		2.09			9.69		28.28			99,825		1.12			1.12			1.28			—
Hartford Value Opportunities HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		15.42		0.12		—		(2.94	)		(2.82	)		(0.03	)		(0.09	)		—		(0.12	)		(2.94	)		12.48		(18.35	)*		316,505		0.65	(d)		0.65	(d)		1.57	(d)		25
Class IB		15.35		0.11		—		(2.94	)		(2.83	)		(0.03	)		(0.09	)		—		(0.12	)		(2.95	)		12.40		(18.46	)*		77,201		0.90	(d)		0.90	(d)		1.32	(d)		—
For the Year Ended December 31, 2007
Class IA		19.74		0.25		—		(1.48	)		(1.23	)		(0.25	)		(2.84	)		—		(3.09	)		(4.32	)		15.42		(6.29	)		456,402		0.64			0.64			1.21			57
Class IB		19.64		0.22		—		(1.48	)		(1.26	)		(0.19	)		(2.84	)		—		(3.03	)		(4.29	)		15.35		(6.53	)		122,159		0.89			0.89			0.96			—
For the Year Ended December 31, 2006
Class IA		18.93		0.25		0.01		3.14			3.40			(0.26	)		(2.33	)		—		(2.59	)		0.81			19.74		19.02	(e)		508,648		0.64			0.64			1.31			52
Class IB		18.83		0.21		0.01		3.11			3.33			(0.19	)		(2.33	)		—		(2.52	)		0.81			19.64		18.73	(e)		164,151		0.89			0.89			1.05			—
For the Year Ended December 31, 2005
Class IA		18.16		0.14		—		1.34			1.48			(0.26	)		(0.45	)		—		(0.71	)		0.77			18.93		8.32			390,113		0.65			0.65			1.05			52
Class IB		18.06		0.09		—		1.33			1.42			(0.20	)		(0.45	)		—		(0.65	)		0.77			18.83		8.05			151,960		0.90			0.90			0.79			—
For the Year Ended December 31, 2004
Class IA		15.33		0.13		—		2.75			2.88			(0.05	)		—			—		(0.05	)		2.83			18.16		18.87			259,593		0.67			0.67			1.10			80
Class IB		15.27		0.11		—		2.72			2.83			(0.04	)		—			—		(0.04	)		2.79			18.06		18.58			81,772		0.92			0.92			0.85			—
For the Year Ended December 31, 2003
Class IA		10.86		0.06		—		4.48			4.54			(0.07	)		—			—		(0.07	)		4.47			15.33		41.87			156,879		0.71			0.71			0.62			48
Class IB		10.84		0.08		—		4.41			4.49			(0.06	)		—			—		(0.06	)		4.43			15.27		41.52			32,572		0.96			0.96			0.37			—

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

(b) Ratios do not reflect reductions for fees paid indirectly. Please see Note 5(f).

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

(d) Annualized

(e)	Total return without the inclusion of the Payment from (to) Affiliate, as noted on the Statement of Operations, can be found in Note 5(h).
(f)	Per share amounts have been calculated using the average shares method.

(g)	Commenced operations on October 31, 2003.
(h)	Commenced operations on January 31, 2008.

(i)	Commenced operations on March 31, 2008.
(j)	During the year ended December 31, 2007, Hartford Small Company HLS Fund received a $12.6 million in-kind subscription of securities from a shareholder in exchange for shares of this fund. This payment-in-kind was excluded from the portfolio turnover rate calculation.

(k) Commenced operations on July 31, 2003.

*	Not annualized
#	Information presented relates to a share outstanding throughout the indicated period.

­ ­  242  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund 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, as of June 30, 2008, collectively consist of 102 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 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 Hartford Series Fund, Inc. (“SF”) and Hartford HLS Series Fund II, Inc.(“SF2”), principal occupation, and, for directors, other directorships held. The Funds’ statement of additional information contains further information on the directors and is available free of charge by calling 1-800-862-6668 or writing to Hartford HLS Funds, c/o Individual Annuity Services, P.O. Box 5085, Hartford, CT 06102-5085.

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 62) Director since 2003, 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 68) Director since 2002 (SF) and 1986 (SF2), 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 63) Director since 2001 (SF) and 2002 (SF2), 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 buy outs of middle market companies.

Sandra S. Jaffee (age 66) 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, Inc. 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 63) Director since 2002 (SF) and 2000 (SF2), Chairman of the Audit Committee

Mr. Peterson is a mutual fund industry consultant. He was a partner of KPMGLLP (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 61) 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.

­ ­  243  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Directors and Officers (Unaudited) — (continued)

Interested Directors and Officers

Thomas M. Marra (age 50) Director since 2002

Mr. Marra has served as President and Chief Operating Officer of The Hartford Financial Services Group, Inc. (“The Hartford”) since 2007. He is also a member of the Board of Directors of The Hartford and currently serves as a Director of Hartford Life, Inc. (“HL, Inc.”). Mr. Marra served as COO of HL,Inc. from 2000 to 2008 and as President of HL, Inc. from 2002 to 2008.

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 HL, 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 (SF) and 2005 (SF2)

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 HL, 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 40) Vice President since 2006

Mr. Arena serves as Executive Vice President of Hartford Life and heads its Retail Products Group in the Individual Markets Group segment. 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 Skandia/Prudential in the individual annuities division. Mr. Arena joined American Skandia in 1996.

Tamara L. Fagely (age 50) 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.

Brian Ferrell (age 45) AML Compliance Officer since 2008

Mr. Ferrell has served as AML Compliance Officer for The Hartford since 2006. Prior to joining The Hartford in 2006, Mr. Ferrell held various positions at the U.S. Department of the Treasury, (the “Treasury”), from 2001 to 2006 where he served as Chief Counsel for the Treasury’s Financial Crimes Enforcement Network, (“Fin CEN”) from 2005-2006.

Thomas D. Jones, III (age 43) 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 41) 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 44) Vice President since 2006

Mr. Meyer serves as Senior Vice President of Hartford Life and Director of its Investment Advisory Group in the Individual Markets Group segment. He also serves as Senior Vice President of HIFSCO and HL Advisors. Prior to joining The Hartford in 2004, Mr. Meyer was with Mass Mutual 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 46) President since 2007

Mr. Walters currently serves as President, Chief Executive Officer and Director of HL, Inc. Mr. Walters previously served as President of the U.S. Wealth Management Division and as Co-Chief Operating Officer of HL, Inc. and as Executive Vice President and Director of its Investment Products Division. Mr. Walters also serves as Chairman of the Board, Chief Executive Officer, President and Director of Hartford Life and Executive Vice President of The Hartford. In addition, Mr. Walters is the Chief Executive Officer, Manager and President of HIFSCO and HL Advisors.

­ ­  244  ­ ­

HOW TO OBTAIN A COPY OF THE FUNDS’ PROXY VOTING POLICIES AND PROXY VOTING RECORDS

A description of the policies 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, 2008 is available (1) without charge, upon request, by calling 800-862-6668 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’ Form N-Q will be available (1) without charge, upon request, by calling 800-862-6668 and (2) on the Securities and Exchange Commission’s website at www.sec.gov. The Forms N-Q may be reviewed and copied at the Securities and Exchange Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-202-551-8090.

­ ­  245  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Expense Example (Unaudited)

Your Fund’s Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchase payments and contingent deferred sales charges (CDSC) and (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 Fund and to compare these costs with the ongoing costs of investing in other mutual funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the period of December 31, 2007 through June 30, 2008.

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 Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads) and CDSC. Therefore, the second 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 Fund’s annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).

					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		December 31, 2007		Account		Account		December 31, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	December 31, 2007		June 30, 2008		June 30, 2008		December 31, 2007		June 30, 2008		June 30, 2008		ratio			1/2 year		full year
Hartford Advisers HLS Fund
Class IA	$	1,000.00	$	901.71	$	3.02	$	1,000.00	$	1021.68	$	3.21		0.64	%		182		366
Class IB	$	1,000.00	$	899.34	$	4.20	$	1,000.00	$	1020.43	$	4.47		0.89	%		182		366
Hartford Capital Appreciation HLS Fund
Class IA	$	1,000.00	$	906.56	$	3.17	$	1,000.00	$	1021.53	$	3.36		0.67	%		182		366
Class IB	$	1,000.00	$	904.19	$	4.35	$	1,000.00	$	1020.28	$	4.62		0.92	%		182		366
Hartford Disciplined Equity HLS Fund
Class IA	$	1,000.00	$	873.82	$	3.30	$	1,000.00	$	1021.33	$	3.56		0.71	%		182		366
Class IB	$	1,000.00	$	871.49	$	4.46	$	1,000.00	$	1020.08	$	4.82		0.96	%		182		366
Hartford Dividend and Growth HLS Fund
Class IA	$	1,000.00	$	906.72	$	3.17	$	1,000.00	$	1021.53	$	3.36		0.67	%		182		366
Class IB	$	1,000.00	$	904.35	$	4.35	$	1,000.00	$	1020.28	$	4.62		0.92	%		182		366
Hartford Equity Income HLS Fund
Class IA	$	1,000.00	$	876.35	$	3.91	$	1,000.00	$	1020.68	$	4.22		0.84	%		182		366
Class IB	$	1,000.00	$	874.01	$	5.07	$	1,000.00	$	1019.44	$	5.47		1.09	%		182		366
Hartford Fundamental Growth HLS Fund
Class IA	$	1,000.00	$	930.05	$	4.07	$	1,000.00	$	1020.63	$	4.27		0.85	%		182		366
Class IB	$	1,000.00	$	927.65	$	5.27	$	1,000.00	$	1019.39	$	5.52		1.10	%		182		366
Hartford Global Advisers HLS Fund
Class IA	$	1,000.00	$	919.38	$	3.86	$	1,000.00	$	1020.83	$	4.06		0.81	%		182		366
Class IB	$	1,000.00	$	917.00	$	5.05	$	1,000.00	$	1019.59	$	5.32		1.06	%		182		366

­ ­  246  ­ ­

					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		December 31, 2007		Account		Account		December 31, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	December 31, 2007		June 30, 2008		June 30, 2008		December 31, 2007		June 30, 2008		June 30, 2008		ratio			1/2 year		full year
Hartford Global Communications HLS Fund
Class IA	$	1,000.00	$	864.25	$	4.49	$	1,000.00	$	1020.03	$	4.87		0.97	%		182		366
Class IB	$	1,000.00	$	861.93	$	5.64	$	1,000.00	$	1018.79	$	6.12		1.22	%		182		366
Hartford Global Equity HLS Fund
Class IA	$	1,000.00	$	945.28	$	3.97	$	1,000.00	$	1016.54	$	4.11		0.99	%		151		366
Class IB	$	1,000.00	$	941.90	$	4.96	$	1,000.00	$	1015.51	$	5.15		1.24	%		151		366
Hartford Global Financial Services HLS Fund
Class IA	$	1,000.00	$	792.48	$	4.45	$	1,000.00	$	1019.89	$	5.02		1.00	%		182		366
Class IB	$	1,000.00	$	790.25	$	5.56	$	1,000.00	$	1018.64	$	6.27		1.25	%		182		366
Hartford Global Growth HLS Fund
Class IA	$	1,000.00	$	857.34	$	3.41	$	1,000.00	$	1021.18	$	3.71		0.74	%		182		366
Class IB	$	1,000.00	$	855.02	$	4.56	$	1,000.00	$	1019.94	$	4.97		0.99	%		182		366
Hartford Global Health HLS Fund
Class IA	$	1,000.00	$	910.48	$	4.18	$	1,000.00	$	1020.48	$	4.42		0.88	%		182		366
Class IB	$	1,000.00	$	908.10	$	5.36	$	1,000.00	$	1019.24	$	5.67		1.13	%		182		366
Hartford Global Technology HLS Fund
Class IA	$	1,000.00	$	892.60	$	4.37	$	1,000.00	$	1020.23	$	4.67		0.93	%		182		366
Class IB	$	1,000.00	$	890.20	$	5.54	$	1,000.00	$	1018.99	$	5.92		1.18	%		182		366
Hartford Growth HLS Fund
Class IA	$	1,000.00	$	917.01	$	4.00	$	1,000.00	$	1020.68	$	4.22		0.84	%		182		366
Class IB	$	1,000.00	$	914.64	$	5.18	$	1,000.00	$	1019.44	$	5.47		1.09	%		182		366
Hartford Growth Opportunities HLS Fund
Class IA	$	1,000.00	$	885.45	$	3.04	$	1,000.00	$	1021.63	$	3.26		0.65	%		182		366
Class IB	$	1,000.00	$	883.12	$	4.21	$	1,000.00	$	1020.38	$	4.52		0.90	%		182		366
Hartford High Yield HLS Fund
Class IA	$	1,000.00	$	975.43	$	3.63	$	1,000.00	$	1021.18	$	3.71		0.74	%		182		366
Class IB	$	1,000.00	$	972.98	$	4.85	$	1,000.00	$	1019.94	$	4.97		0.99	%		182		366
Hartford Index HLS Fund
Class IA	$	1,000.00	$	878.06	$	1.54	$	1,000.00	$	1023.22	$	1.66		0.33	%		182		366
Class IB	$	1,000.00	$	875.73	$	2.70	$	1,000.00	$	1021.97	$	2.91		0.58	%		182		366
Hartford International Growth HLS Fund
Class IA	$	1,000.00	$	810.08	$	3.73	$	1,000.00	$	1020.73	$	4.17		0.83	%		182		366
Class IB	$	1,000.00	$	807.83	$	4.85	$	1,000.00	$	1019.49	$	5.42		1.08	%		182		366
Hartford International Opportunities HLS Fund
Class IA	$	1,000.00	$	883.74	$	3.27	$	1,000.00	$	1021.38	$	3.51		0.70	%		182		366
Class IB	$	1,000.00	$	881.39	$	4.44	$	1,000.00	$	1020.13	$	4.77		0.95	%		182		366
Hartford International Small Company HLS Fund
Class IA	$	1,000.00	$	907.73	$	4.22	$	1,000.00	$	1020.43	$	4.47		0.89	%		182		366
Class IB	$	1,000.00	$	905.35	$	5.40	$	1,000.00	$	1019.19	$	5.72		1.14	%		182		366
Hartford LargeCap Growth HLS Fund
Class IA	$	1,000.00	$	892.76	$	3.15	$	1,000.00	$	1021.53	$	3.36		0.67	%		182		366
Class IB	$	1,000.00	$	892.70	$	2.16	$	1,000.00	$	1022.57	$	2.31		0.92	%		91		366
Hartford MidCap HLS Fund
Class IA	$	1,000.00	$	969.19	$	3.32	$	1,000.00	$	1021.48	$	3.41		0.68	%		182		366
Class IB	$	1,000.00	$	966.74	$	4.54	$	1,000.00	$	1020.23	$	4.67		0.93	%		182		366
Hartford MidCap Growth HLS Fund
Class IA	$	1,000.00	$	897.90	$	4.02	$	1,000.00	$	1020.69	$	4.28		0.85	%		182		366
Class IB	$	1,000.00	$	897.90	$	4.02	$	1,000.00	$	1020.69	$	4.28		0.85	%		91		366
Hartford MidCap Value HLS Fund
Class IA	$	1,000.00	$	838.99	$	3.65	$	1,000.00	$	1020.88	$	4.01		0.80	%		182		366
Class IB	$	1,000.00	$	836.69	$	4.79	$	1,000.00	$	1019.64	$	5.27		1.05	%		182		366
Hartford Money Market HLS Fund
Class IA	$	1,000.00	$	1,011.90	$	2.00	$	1,000.00	$	1022.87	$	2.01		0.40	%		182		366
Class IB	$	1,000.00	$	1,009.40	$	3.24	$	1,000.00	$	1021.63	$	3.26		0.65	%		182		366
Hartford Mortgage Securities HLS Fund
Class IA	$	1,000.00	$	983.26	$	2.36	$	1,000.00	$	1022.47	$	2.41		0.48	%		182		366
Class IB	$	1,000.00	$	980.79	$	3.59	$	1,000.00	$	1021.23	$	3.66		0.73	%		182		366
Hartford Small Company HLS Fund
Class IA	$	1,000.00	$	893.86	$	3.34	$	1,000.00	$	1021.33	$	3.56		0.71	%		182		366
Class IB	$	1,000.00	$	891.88	$	4.51	$	1,000.00	$	1020.08	$	4.82		0.96	%		182		366

­ ­  247  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Expense Example (Unaudited) — (continued)

					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		December 31, 2007		Account		Account		December 31, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	December 31, 2007		June 30, 2008		June 30, 2008		December 31, 2007		June 30, 2008		June 30, 2008		ratio			1/2 year		full year
Hartford SmallCap Growth HLS Fund
Class IA	$	1,000.00	$	928.11	$	3.06	$	1,000.00	$	1021.68	$	3.21		0.64	%		182		366
Class IB	$	1,000.00	$	925.70	$	4.26	$	1,000.00	$	1020.43	$	4.47		0.89	%		182		366
Hartford SmallCap Value HLS Fund
Class IA	$	1,000.00	$	872.18	$	4.46	$	1,000.00	$	1020.08	$	4.82		0.96	%		182		366
Class IB	$	1,000.00	$	869.61	$	5.62	$	1,000.00	$	1018.84	$	6.07		1.21	%		182		366
Hartford Stock HLS Fund
Class IA	$	1,000.00	$	854.78	$	2.25	$	1,000.00	$	1022.42	$	2.46		0.49	%		182		366
Class IB	$	1,000.00	$	852.46	$	3.40	$	1,000.00	$	1021.18	$	3.71		0.74	%		182		366
Hartford Total Return Bond HLS Fund
Class IA	$	1,000.00	$	994.60	$	2.47	$	1,000.00	$	1022.37	$	2.51		0.50	%		182		366
Class IB	$	1,000.00	$	992.12	$	3.71	$	1,000.00	$	1021.13	$	3.76		0.75	%		182		366
Hartford U.S. Government Securities HLS Fund
Class IA	$	1,000.00	$	1,000.28	$	2.33	$	1,000.00	$	1022.52	$	2.36		0.47	%		182		366
Class IB	$	1,000.00	$	997.81	$	3.57	$	1,000.00	$	1021.28	$	3.61		0.72	%		182		366
Hartford Value HLS Fund
Class IA	$	1,000.00	$	899.43	$	3.96	$	1,000.00	$	1020.68	$	4.22		0.84	%		182		366
Class IB	$	1,000.00	$	897.09	$	5.14	$	1,000.00	$	1019.44	$	5.47		1.09	%		182		366
Hartford Value Opportunities HLS Fund
Class IA	$	1,000.00	$	813.23	$	2.93	$	1,000.00	$	1021.63	$	3.26		0.65	%		182		366
Class IB	$	1,000.00	$	810.97	$	4.05	$	1,000.00	$	1020.38	$	4.52		0.90	%		182		366

­ ­  248  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Approval of Investment Advisory Agreement (Unaudited)

At a meeting held on November 7, 2007, the Board of Directors (the “Board”), including each of the Independent Directors, voted to approve the investment management agreement between Hartford Global Equity HLS Fund (the “Fund”) and HL Advisors, and the investment sub-advisory agreement between HL Advisors and the Fund’s sub-adviser, Wellington Management (collectively, the “Agreements”). In advance of the November meeting, the Board requested, received, and reviewed written responses from HL Advisors and Wellington Management to questions posed to them on behalf of the Independent Directors and supporting materials related to those questions and responses (the “Adviser Materials”). In addition, the Board’s Investment Committee received in-person presentations from representatives of HL Advisors and Wellington Management regarding the Fund and the proposed investment strategy.

The Board determined that the Agreements, including the appointment of Wellington Management as sub-adviser, were 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 HL Advisors and Wellington Management. The Board considered, among other things, the terms of the Agreements, the range of services to be provided, and HL Advisors’ and Wellington Management’s organizational structure, systems and personnel. The Board considered HL Advisors’ and Wellington Management’s reputation, nothing Wellington Management’s reputation as an equity manager and the Board’s past experience with Wellington Management as sub-adviser for other Hartford-sponsored funds.

The Board also considered the representation from HL Advisors that the written compliance policies and procedures of HL Advisors and Wellington Management are reasonably designed to prevent violations of the federal securities laws. In addition, the Board considered HL Advisors’ representation that the addition of the Fund would not cause material changes in the current compliance programs.

With respect to the day-to-day portfolio management services to be provided by Wellington Management, the Investment Committee met with Mark Mandel, a member of the proposed portfolio team. The Board considered Wellington 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 HL Advisors would be 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 Wellington Management be appointed as the 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 HL Advisors and Wellington Management. Based on these considerations, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Fund by HL Advisors and Wellington Management.

Performance of Wellington Management

The Board considered the investment performance of Wellington Management and its portfolio management team. As Wellington Management did not have a performance track record with respect to an investment strategy substantially similar to the strategy of the Fund, HL Advisors and Wellington Management presented hypothetical historical investment performance results with respect to the investment strategy that will be used to manage the proposed Fund. This information included a report showing hypothetical historical investment performance results with respect to the investment strategy versus the performance of an appropriate benchmark. HL Advisors and Wellington Management also provided additional information about the broad range of the portfolio management team’s investment experience and their investment philosophy and process.

Based on these considerations, the Board concluded that while there could be no gurantee of future results, the Board was satisfied that HL Advisors and Wellington Management have the capability of providing satisfactory investment performance for the Fund.

Costs of the Services and Profitability of HL Advisors and Wellington Management

The Board reviewed information regarding HL Advisors’ and Wellington 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 the proposed advisory and sub-advisory fee schedules and considered information about the profitability to HL Advisors and its affiliates from all services to be provided to the Fund and all aspects of their relationships with the Fund. In evaluating HL Advisors’ profitability, the Board considered HL Advisors’ representation that the level of profitability was fair and appropriate based on the nature and quality of the services provided to shareholders. The Board also noted that the future profitability of the Fund to HL Advisors and Wellington Management would depend on the growth of assets under management. The Board concluded that the profits anticipated to be realized by HL Advisors, its affiliates and Wellington Management from their relationships with the Fund would not be excessive.

Comparison of Fees and Services Provided by HL Advisors and Wellington Management

The Board considered comparative information with respect to the investment management fees to be paid by the Fund to HL Advisors and its affiliates and the sub-advisory fee that HL Advisors would pay Wellington Management. In this regard, the Board received information from HL Advisors and Wellington Management relating to the management fees, sub-advisory fees, and total operating expenses for the Fund. The Board also reviewed information comparing the Fund’s management fees and total operating expenses to those of a peer universe of funds identified by Lipper Inc., an independent provider of investment company data (“Lipper”), as being in the global core variable insurance category. In considering the reasonableness of the Fund’s fees and total expense ratios, the Board considered that according to the information provided by Lipper, the proposed management fee for the Fund is slightly above the Lipper average, but below median fees for its peer group from the $100 million to $500 million asset levels. Based on these considerations, the Board concluded that the Fund’s management fee and sub-advisory fee, in conjunction with the information about quality of services, profitability, and other matters discussed, supports the conclusion that these fees are reasonable.

­ ­  249  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Approval of Investment Advisory Agreement — (continued)

Economies of Scale

The Board considered the extent to which economies of scale would be realized as the Fund grows and whether fee levels reflect these economies of scale for the benefit of Fund investors. The Board reviewed the breakpoints in HL Advisor’s management fee schedule. The Board considered HL Advisor’s representations that the Fund could be expected to achieve some economies of scale and that certain costs incurred would decline as assets in the Fund grow. The Board also considered the breakpoints in the Fund’s sub-advisory fees schedule 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 regarding 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.

Other Benefits

The Board considered other benefits to HL Advisors and Wellington Management from their relationships with the Fund. The Board also considered information in the Adviser Materials about HL Advisors’ affiliates that will provide services to the Acquiring Fund and their anticipated benefits from their relationships with 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. 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.

­ ­  250  ­ ­

Semi-Annual Report June 30, 2008
­ ­                                                     ­ ­

• Manager Discussions

• Financials

Hartford Global Growth HLS Fund inception 9/30/1998
(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 9/30/98 - 6/30/08
Growth of $10,000 investment

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.

Investment goal – Seeks capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

     

	1 Year			5 Year			Since Inception
Global Growth IA		-2.36	%		12.36	%		9.94	%
Global Growth IB		-2.60	%		12.08	%		9.70	%
MSCI World Growth Index		-2.75	%		12.24	%		4.61	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Performance for the periods when fee waivers were in place would have been lower in the absence of the waivers.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers
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 IA shares of the Hartford Global Growth HLS Fund returned -13.90% for the six-month period ended June 30, 2008, underperforming its benchmark, the MSCI World Growth Index, which returned -6.83% for the same period. The Fund also underperformed the -13.03% return of the average fund in the Lipper Global Growth VP-UF 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 fell during the first half of 2008. Markets were volatile during the period as investors remained concerned about higher energy and agricultural commodity prices and the potential impact of a U.S.-led economic recession on global economic growth. Global equity markets were granted a brief reprieve on better-than-expected first quarter earnings and economic growth reports as well as increasing optimism that the worst of the turmoil in the Financials sector had passed. However, renewed credit market concerns and rising inflationary expectations reignited fears of a global slowdown, pressuring stocks in the latter part of the period. The MSCI World Growth Index (-6.83%) outperformed the MSCI World Value Index (-13.72%). Within the MSCI World Growth Index, sector returns were negative for all but Energy and Materials. Financials, Consumer Discretionary, and Telecommunication Services fell the most during the period.

The Fund’s underperformance relative (i.e. performance of the Fund as measured against the benchmark) to the MSCI World Growth Index during the period was primarily a result of security selection. Positive stock selection in Materials and Telecommunication Services was more than offset by weaker stock selection in the Financials, Consumer Discretionary, and Information Technology sectors. Sector allocation, which is a fall-out of bottom-up (i.e. stock by stock fundamental research) security selection, also detracted from relative performance. The Fund’s overweight (i.e. the Fund’s sector position was greater than the benchmark position) to lagging Financials, Information Technology and Telecommunication Services hurt benchmark-relative returns.

The top detractors from the Fund’s relative and absolute (i.e. total return) performance were MF Global (Financials), Suntech Power Holdings (Industrials), and Las Vegas Sands (Consumer Discretionary). Shares of MF Global fell sharply after a rogue trader within the Bermuda-based independent derivatives brokerage firm caused significant losses by trading unauthorized wheat futures contracts. Shares of China-based solar energy company Suntech Power retreated after management released disappointing results and production guidance, citing pressures from tight silicon markets and high silicon prices. Shares of Las Vegas Sands, a developer and operator of hotel, gaming, and resort businesses, fell due to disappointing earnings. Internet search and ad firm Google also detracted from absolute performance results. The company experienced a decline in its stock

1

price after reporting weaker-than-expected earnings and slowing growth in paid ad clicks.

Elan (Health Care), Potash (Materials), and Seadrill (Materials) were the leading contributors to benchmark-relative performance. Shares of neuroscience-based biotechnology company Elan moved higher after the company announced positive data related to its Alzheimer’s drug Bapineuzumab. Canadian-based fertilizer and feed products company Potash reported better-than-expected first quarter earnings and raised its guidance for all of 2008, sending its shares higher. Shares of Norwegian deepwater drilling company Seadrill moved higher after the company posted better-than-expected operating profits and stated that day-rates for rigs were expected to continue to move higher due to strong demand. Oil and gas company Ultra Petroleum also contributed to the Fund’s absolute returns as its shares skyrocketed after the company reported better than expected profits driven by increased commodity prices and higher production.

What is the outlook?

Portfolio construction is a bottom-up process based on intensive company research. Allocations among sectors are the result of individual stock decisions. At period-end, we found attractive opportunities in the Telecommunications Services sector, with top positions in wireless infrastructure company American Tower and wireless service provider MetroPCS Communications. Based on our stock-by-stock investment process, we ended the period with greater-than-benchmark weights in Telecommunication Services, Information Technology, and Industrials stocks. The Fund held less-than-benchmark weights in Consumer Discretionary, Consumer Staples, and Utilities names. Our largest absolute exposure was in the Information Technology sector, driven by positions in gaming companies Electronic Arts and Nintendo.

Diversification by Industry
as of June 30, 2008

     

	Percentage of
Industry	Net Assets
Basic Materials		11.8	%
Capital Goods		6.0
Consumer Cyclical		4.8
Consumer Staples		6.0
Energy		10.6
Finance		7.7
Health Care		12.1
Services		2.4
Technology		30.0
Transportation		3.0
Utilities		3.2
Short-Term Investments		13.0
Other Assets and Liabilities		(10.6	)
Total		100.0	%

Diversification by Country
as of June 30, 2008

     

	Percentage of
Country	Net Assets
Australia		1.4	%
Brazil		1.3
Canada		5.9
China		0.7
Denmark		3.4
France		2.9
Germany		2.8
Greece		0.9
Ireland		3.3
Israel		1.5
Japan		4.2
Luxembourg		1.4
Mexico		1.0
Netherlands		2.2
Norway		2.0
Spain		4.6
Switzerland		4.5
Taiwan		1.1
United Kingdom		7.7
United States		44.8
Short-Term Investments		13.0
Other Assets and Liabilities		(10.6	)
Total		100.0	%

2

Hartford Growth Opportunities HLS Fund inception 3/24/1987

(subadvised by Wellington Management Company, LLP)

Performance Overview(1) 6/30/98 - 6/30/08

Growth of $10,000 investment

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. . (The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies based on total market capitalization.)

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

Investment goal – Seeks capital appreciation.

Average Annual Returns(2) (as of 6/30/08)

	1 Year			5 Year			10 Year
Growth Opportunities IA		-1.02	%		15.87	%		8.88	%
Growth Opportunities IB		-1.27	%		15.58	%		8.61	%
Russell 1000 Growth Index		-5.96	%		7.32	%		0.96	%
Russell 3000 Growth Index		-6.38	%		7.56	%		1.08	%

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

(1)	Growth of a $10,000 investment in Class IB shares will vary from the results seen on this page due to differences in the expense charged to this share class.
(2)	Class IB shares commenced on May 1, 2002. Class IB share performance prior to that date reflects Class IA share performance adjusted to reflect the 12b-1 fee of 0.25% applicable to Class IB shares. The performance after such date reflects actual Class IB share performance.

The value of the contract will fluctuate so that when redeemed, it may be worth more or less than the original investment. The chart and table do not reflect the deduction of taxes that a shareholder would pay on portfolio distributions or the redemption of portfolio shares. The figures do not include sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees would lower the Fund’s performance.

You cannot invest directly in an index.

The chart represents a hypothetical investment in the Fund. Performance data represents past performance and current performance could be higher or lower.

Portfolio Managers

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

How did the Fund perform?

The Class IA shares of the Hartford Growth Opportunities HLS Fund returned -11.13% for the six-month period ended June 30, 2008, versus the returns of -9.05% for the Russell 3000 Growth Index and -9.06% for the Russell 1000 Growth Index. The Fund outperformed the -11.94% return of the average fund in the Lipper Multi-Cap Growth VP-UF 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 were down for the six-month period ended June 30, 2008 due to global inflation concerns and continued turmoil in the U.S. housing and credit markets. Large-cap stocks trailed small-cap and mid-cap stocks, when measured using the S&P 500 Index (-12%), Russell 2000 Index (-9%), and S&P 400 Index (-4%), respectively. Within the Russell 3000 Growth Index, only two sectors posted positive returns for the period. The Energy (+18%) and Materials (+4%) sectors were the strongest performers while the Financials (-22%), Consumer
Discretionary (-15%) and Health Care (-13%) sectors were the weakest.

The Fund underperformed due to weak security selection, particularly in the Consumer Discretionary, Health Care and Industrials sectors. Sector weight positioning, the result of bottom-up (i.e. stock by stock fundamental research) stock selection decisions, had a positive impact on benchmark-relative (i.e. performance of the Fund as measured against the benchmark) performance because of overweight (i.e. the Fund’s sector position was greater than the benchmark position) positions in Energy and Materials, which outperformed on a relative basis.

The top detractors from benchmark-relative returns were Suntech Power (Industrials), Focus Media (Consumer Discretionary), and Wellpoint (Health Care). Shares in Suntech Power, a China-based solar energy company, retreated after management released disappointing results and

3

production guidance, citing pressures from tight silicon markets. We eliminated the position. Shares of China-based digital advertising company Focus Media trended lower due to concerns about management changes, accounting practices, and mobile spamming. Wellpoint is a managed healthcare insurance provider. Management reduced 2008 guidance citing an underestimation of medical cost trends. In addition, Internet search giant Google detracted from absolute (i.e. total return) performance as disappointing earnings news, driven by higher operating expenses and concerns of slowing growth in ad sales, sent shares lower.

Stock selection within the Materials and Energy sectors added to relative performance. Arch Coal (Energy), Chesapeake Energy (Energy), EOG Resources (Energy), and U.S. Steel (Materials) were top contributors to relative and absolute performance. Coal producer Arch Coal saw significant end price increases due to extremely tight global coal markets brought on by strong developing world demand and supply shortages in China and Australia. Chesapeake Energy is an independent natural gas production company. During the period management raised production forecasts for 2008 and 2009, citing higher recovery expectations and increased drilling activity levels. The company is asset rich with a low-cost structure positioning the company for a high energy price environment. Shares in EOG Resources, an oil and natural gas exploration company, rose after management announced a large natural gas discovery in British Columbia and raised production forecasts for existing fields in Texas and Colorado. The company also benefited from higher energy prices. U.S. Steel benefited from rising global steel demand, pushing prices and margins higher.

What is your outlook?

We expect economic growth to continue to slow in the second half of 2008 as consumers face headwinds of expensive energy bills and higher credit card payments. Despite the recent actions of the Federal Reserve, we expect that modest core inflation gains and a slowing economy will soon move the Federal Reserve to make some difficult decisions. Currently, the Fund’s largest exposure is in Information Technology, followed by Industrials and Health Care. This is consistent with the overall view that there are ample opportunities across a number of different sectors regardless of the economic outlook. The Fund’s lowest weights are in the Consumer Staples, Financials, and Telecommunication Services sectors, with no exposure to Utilities.

Diversification by Industry

as of June 30, 2008

	Percentage of
Industry	Net Assets
Basic Materials		19.1	%
Capital Goods		7.7
Consumer Cyclical		8.3
Consumer Staples		2.9
Energy		8.4
Finance		5.6
Health Care		15.2
Services		6.6
Technology		21.0
Transportation		0.8
Utilities		1.0
Short-Term Investments		12.1
Other Assets and Liabilities		(8.7	)
Total		100.0	%

4

Hartford Global Growth HLS Fund

Schedule of Investments
June 30, 2008 (Unaudited)
(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 97.6%
		Basic Materials — 11.8%
	362	Alcoa, Inc.	$	12,895
	726	BHP Billiton plc		27,838
	278	Cameco Corp.		11,901
	388	Companhia Vale do Rio Doce ADR		13,895
	90	Potash Corp. of Saskatchewan, Inc.		20,571
	156	Praxair, Inc.		14,739
	286	Xstrata plc		22,774
				124,613
		Capital Goods — 6.0%
	83	Alstom RGPT (G)		19,001
	147	Boeing Co.		9,667
	297	Gamesa Corporacion Tecnologica S.A.		14,550
	156	Vestas Wind Systems A/S (D)		20,350
				63,568
		Consumer Cyclical — 4.8%
	551	Arcandor AG (D)(G)		6,414
	864	Mitsui & Co., Ltd.		19,069
	44	Nintendo Co., Ltd.		25,178
				50,661
		Consumer Staples — 6.0%
	165	Carlsberg A/S Class B		15,887
	486	Nestle S.A.		21,910
	260	Reckitt Benckiser Group plc		13,140
	421	Unilever N.V. CVA		11,903
				62,840
		Energy — 10.6%
	112	Diamond Offshore Drilling, Inc. (G)		15,598
	109	Hess Corp.		13,742
	304	Nabors Industries Ltd. (D)(G)		14,946
	178	Schlumberger Ltd.		19,123
	695	Seadrill Ltd. (G)		21,217
	202	Suncor Energy, Inc. (G)		11,727
	154	Ultra Petroleum Corp. (D)		15,083
				111,436
		Finance — 7.7%
	48	Deutsche Boerse AG		5,406
	79	Goldman Sachs Group, Inc.		13,747
	178	Julius Baer Holding Ltd.		11,928
	568	Lehman Brothers Holdings, Inc. (G)		11,242
	1,392	Man Group plc		17,199
	213	National Bank of Greece		9,572
	137	Societe Generale Class A (G)		11,888
				80,982
		Health Care — 12.1%
	409	Allergan, Inc.		21,304
	423	CSL Ltd.		14,465
	678	Elan Corp. plc ADR (D)		24,110
	308	Gilead Sciences, Inc. (D)		16,287
	151	Monsanto Co.		19,036
	403	St. Jude Medical, Inc. (D)		16,487
	357	Teva Pharmaceutical Industries Ltd. ADR		16,351
				128,040
		Services — 2.4%
	123	FedEx Corp.		9,723
	285	Focus Media Holding Ltd. ADR (D)		7,906
	162	Las Vegas Sands Corp. (D)(G)		7,685
				25,314
		Technology — 30.0%
	477	ABB Ltd. (D)		13,514
	199	America Movil S.A.B de C.V. ADR		10,476
	530	American Tower Corp. Class A (D)		22,385
	103	Apple, Inc. (D)		17,296
	442	ASML Holding N.V. (G)		10,812
	640	Corning, Inc.		14,754
	192	Danaher Corp.		14,849
	782	Electronic Arts, Inc. (D)		34,749
	26	Google, Inc. (D)		13,687
	267	Hewlett-Packard Co.		11,804
	2,371	Hon Hai Precision Industry Co., Ltd.		11,658
	843	Infineon Technologies AG (D)		7,320
	214	MEMC Electronic Materials, Inc. (D)		13,176
	1,196	MetroPCS Communications, Inc. (D)(G)		21,174
	145	Millicom International Cellular S.A. (G)		14,963
	4	Nortel Networks Corp. (D)		36
	1,112	Oracle Corp. (D)		23,352
	425	Qualcomm, Inc.		18,871
	151	Research In Motion Ltd. (D)		17,652
	98	Siemens AG		10,817
	500	Telefonica S.A.		13,223
				316,568
		Transportation — 3.0%
	133	General Dynamics Corp.		11,190
	435	Royal Caribbean Cruises Ltd. (G)		9,766
	355	Ryanair Holdings plc ADR (D)(G)		10,189
				31,145
		Utilities — 3.2%
	2,637	Iberdrola Renovables (D)(G)		20,314
	191	Sunpower Corp. (D)(G)		13,741
				34,055
		Total common stock (cost $896,070)	$	1,029,222
Principal
Amount
SHORT-TERM INVESTMENTS — 13.0%
		Repurchase Agreements — 1.1%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,688, collateralized by FNMA 5.50%, 2038, value of $2,742)
$	2,688	2.50% dated 06/30/2008	$	2,688
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,903, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $2,961)
	2,903	2.40% dated 06/30/2008		2,903

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

­ ­  5  ­ ­

Hartford Global Growth HLS Fund

Schedule of Investments — (continued)
June 30, 2008 (Unaudited)
(000’s Omitted)

Principal					Market
Amount					Value (W)
SHORT-TERM INVESTMENTS — (continued)
		Repurchase Agreements — (continued)
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $488, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $498)
$	488	2.70% dated 06/30/2008			$	488
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $4,304, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $4,390)
	4,303	2.70% dated 06/30/2008				4,303
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $6)
	6	1.80% dated 06/30/2008				6
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $1,229, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $1,253)
	1,229	2.55% dated 06/30/2008				1,229
						11,617
Shares
		Securities Purchased with Proceeds from Security Lending — 11.9%
		Cash Collateral Reinvestment Fund:
	125,260	Navigator Prime Portfolio				125,260
		Total short-term investments (cost $136,877)			$	136,877
		Total investments (cost $1,032,947) (C)	110.6	%	$	1,166,099
		Other assets and liabilities	(10.6	)%		(111,835	)
		Total net assets	100.0	%	$	1,054,264

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 52.84% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,033,684 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	202,492
Unrealized Depreciation		(70,077	)
Net Unrealized Appreciation	$	132,415

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.

Forward Foreign Currency Contracts Outstanding at June 30, 2008

							Unrealized
	Market		Contract		Delivery		Appreciation/
Description	Value (W)		Amount		Date		(Depreciation)
Australian Dollar (Buy)	$	978	$	981		07/02/08	$	(3	)
Australian Dollar (Buy)		132		133		07/03/08		(1	)
British Pound (Buy)		1,244		1,245		07/02/08		(1	)
British Pound (Buy)		284		284		07/03/08		–
Danish Krone (Buy)		1,421		1,419		07/01/08		2
Euro (Sell)		2,316		2,320		07/01/08		4
Euro (Sell)		1,995		1,994		07/01/08		(1	)
Euro (Sell)		2,556		2,556		07/02/08		–
Swiss Franc (Sell)		1,838		1,829		07/01/08		(9	)
							$	(9	)

(W) See Note 2b of accompanying Notes to Financial Statements regarding valuation of securities.

Diversification by Country
as of June 30, 2008

	Percentage of
Country	Net Assets
Australia		1.4
Brazil		1.3
Canada		5.9
China		0.7
Denmark		3.4
France		2.9
Germany		2.8
Greece		0.9
Ireland		3.3
Israel		1.5
Japan		4.2
Luxembourg		1.4
Mexico		1.0
Netherlands		2.2
Norway		2.0
Spain		4.6
Switzerland		4.5
Taiwan		1.1
United Kingdom		7.7
United States		44.8
Short-Term Investments		13.0
Other Assets and Liabilities		(10.6	)
Total		100.0	%

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

­ ­  6  ­ ­

Hartford Growth Opportunities HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

			Market
Shares			Value (W)
COMMON STOCK — 96.6%
		Basic Materials — 19.1%
	387	Alcoa, Inc.	$	13,799
	317	Arch Coal, Inc.		23,814
	349	Ball Corp.		16,671
	325	Barrick Gold Corp.		14,796
	617	Cameco Corp.		26,451
	481	Companhia Vale do Rio Doce ADR		17,233
	222	Consol Energy, Inc.		24,980
	274	FMC Corp.		21,199
	123	Freeport-McMoRan Copper & Gold, Inc.		14,391
	672	Jarden Corp. (D)(G)		12,265
	3,751	Kingboard Chemical Holdings Ltd.		17,318
	586	Kinross Gold Corp.		13,831
	1,596	Rexam plc		12,260
	330	Sealed Air Corp.		6,281
	191	Snap-On, Inc.		9,923
	297	Terra Industries, Inc. (G)		14,632
	108	United States Steel Corp.		19,864
				279,708
		Capital Goods — 7.7%
	212	Caterpillar, Inc.		15,679
	255	Cummins, Inc.		16,701
	112	Flowserve Corp.		15,377
	273	Honeywell International, Inc.		13,747
	447	Manitowoc Co., Inc.		14,538
	412	Pall Corp.		16,328
	963	Rolls-Royce Group plc		6,511
	112	Vestas Wind Systems A/S (D)		14,589
				113,470
		Consumer Cyclical — 8.3%
	233	Dick’s Sporting Goods, Inc. (D)(G)		4,137
	857	Gap, Inc.		14,291
	348	Kohl’s Corp. (D)(G)		13,946
	415	Liz Claiborne, Inc.		5,868
	638	Mitsui & Co., Ltd.		14,077
	41	Nintendo Co., Ltd.		23,363
	301	PACCAR, Inc.		12,587
	778	Staples, Inc.		18,478
	481	Supervalu, Inc.		14,861
				121,608
		Consumer Staples — 2.9%
	3	Japan Tobacco, Inc.		12,181
	242	PepsiCo, Inc.		15,414
	297	Philip Morris International, Inc.		14,659
				42,254
		Energy — 8.4%
	373	Chesapeake Energy Corp.		24,603
	118	EOG Resources, Inc.		15,495
	215	Forest Oil Corp. (D)		16,040
	143	Lukoil ADR		13,993
	315	OAO Gazprom Class S ADR		18,273
	104	Transocean, Inc.		15,894
	280	XTO Energy, Inc.		19,169
				123,467
		Finance — 5.6%
	280	Citigroup, Inc.		4,689
	199	Comerica, Inc.		5,098
	579	Covanta Holding Corp. (D)		15,454
	41	Goldman Sachs Group, Inc.		7,223
	83	Invesco Ltd.		2,000
	192	Julius Baer Holding Ltd.		12,854
	125	Polaris Acquisition Corp. (D)		1,193
	1,342	Western Union Co.		33,174
				81,685
		Health Care — 15.2%
	301	Abbott Laboratories		15,933
	414	Alkermes, Inc. (D)		5,117
	393	Amylin Pharmaceuticals, Inc. (D)(G)		9,976
	349	Auxilium Pharmaceuticals, Inc. (D)(G)		11,747
	194	Celgene Corp. (D)		12,372
	283	Cephalon, Inc. (D)(G)		18,860
	255	Charles River Laboratories International, Inc. (D)		16,300
	539	Elan Corp. plc ADR (D)(G)		19,168
	159	ImClone Systems, Inc. (D)		6,441
	402	McKesson Corp.		22,476
	598	Medtronic, Inc.		30,957
	543	Pharmaceutical Product Development, Inc.		23,280
	604	Shionogi & Co., Ltd.		11,965
	454	St. Jude Medical, Inc. (D)		18,543
				223,135
		Services — 6.6%
	558	Aecom Technology Corp. (D)		18,139
	426	DreamWorks Animation SKG, Inc. (D)		12,705
	679	Focus Media Holding Ltd. ADR (D)		18,833
	707	Tetra Tech, Inc. (D)		15,997
	386	Viacom, Inc. Class B (D)		11,798
	595	Walt Disney Co.		18,576
				96,048
		Technology — 21.0%
	84	Apple, Inc. (D)		14,132
	499	BMC Software, Inc. (D)		17,950
	194	Equinix, Inc. (D)(G)		17,291
	583	FLIR Systems, Inc. (D)(G)		23,652
	319	Hewlett-Packard Co.		14,112
	242	Lam Research Corp. (D)		8,763
	248	Lockheed Martin Corp.		24,477
	510	McAfee, Inc. (D)		17,369
	1,095	MetroPCS Communications, Inc. (D)		19,389
	582	Microsoft Corp.		16,011
	753	MTN Group Ltd.		11,919
	640	NetApp, Inc. (D)		13,854
	849	Nuance Communications, Inc. (D)(G)		13,301
	705	Oracle Corp. (D)		14,796
	484	Qualcomm, Inc.		21,466

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

­ ­  7  ­ ­

Hartford Growth Opportunities HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

					Market
Shares					Value (W)
COMMON STOCK — (continued)
		Technology — (continued)
	242	Raytheon Co.			$	13,614
	1,251	Red Hat, Inc. (D)				25,891
	525	VeriSign, Inc. (D)				19,849
						307,836
		Transportation — 0.8%
	277	Kansas City Southern (D)(G)				12,194
		Utilities — 1.0%
	705	El Paso Corp.				15,318
		Total common stock (cost $1,333,466)			$	1,416,723
Principal
Amount
SHORT-TERM INVESTMENTS — 12.1%
		Repurchase Agreements — 4.0%
		Banc of America Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $13,655, collateralized by FNMA 5.50%, 2038, value of $13,927)
$	13,654	2.50% dated 06/30/2008			$	13,654
		BNP Paribas Securities Corp. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $14,748, collateralized by FHLMC 5.00% — 7.00%, 2036 — 2038, FNMA 5.00% — 6.50% 2036 — 2047, value of $15,041)
	14,747	2.40% dated 06/30/2008				14,747
		Deutsche Bank Securities TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $2,481, collateralized by FHLMC 4.50% — 7.00%, 2018 — 2038, value of $2,531)
	2,481	2.70% dated 06/30/2008				2,481
		JP Morgan Chase TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $21,864, collateralized by FNMA 4.50% — 7.50%, 2017 — 2038, value of $22,300)
	21,862	2.70% dated 06/30/2008				21,862
		UBS Securities, Inc. Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $30, collateralized by U.S. Treasury Bond 5.25%, 2029, value of $30)
	30	1.80% dated 06/30/2008				30
		UBS Securities, Inc. TriParty Joint Repurchase Agreement (maturing on 07/01/2008 in the amount of $6,242, collateralized by FHLMC 7.50% — 16.25%, 2008 — 2021, FNMA 4.50% — 8.50%, 2009 — 2036, GNMA 9.50%, 2022, value of $6,367)
	6,242	2.55% dated 06/30/2008				6,242
						59,016
Shares
		Securities Purchased with Proceeds from Security Lending — 8.1%
		Cash Collateral Reinvestment Fund:
	117,864	Goldman Sachs FS Prime Obligation/Institutional Fund				117,864
		Total short-term investments (cost $176,880)			$	176,880
		Total investments (cost $1,510,346) (C)	108.7	%	$	1,593,603
		Other assets and liabilities	(8.7	)%		(126,892	)
		Total net assets	100.0	%	$	1,466,711

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 19.06% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(C) At June 30, 2008, the cost of securities for federal income tax purposes was $1,511,879 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation	$	177,667
Unrealized Depreciation		(95,943	)
Net Unrealized Appreciation	$	81,724

(D)	Currently non-income producing.
(G)	Security is partially on loan at June 30, 2008.
(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.

­ ­  8  ­ ­

Hartford Money Market HLS Fund

Schedule of Investments

June 30, 2008 (Unaudited)

(000’s Omitted)

Principal			Market
Amount			Value (W)
		Capital Goods — 0.9%
		Caterpillar, Inc.
$	11,800	2.15%, 07/14/2008	$	11,791
	19,500	2.17%, 07/21/2008		19,476
				31,267
		Consumer Cyclical — 2.4%
		Eksportfinans AS
	18,750	2.25%, 07/15/2008 (I)		18,735
	38,000	2.26%, 08/19/2008 (I)		37,884
	30,000	2.27%, 07/07/2008 (I)		29,989
				86,608
		Consumer Staples — 1.9%
		Unilever Capital Corp.
	16,400	2.17%, 07/21/2008 (I)		16,380
	50,750	2.46%, 08/11/2008 (I)(L)		50,747
				67,127
		Energy — 2.0%
		ConocoPhillips
	22,500	2.07%, 08/05/2008 (I)		22,454
	19,750	2.16%, 07/28/2008 (I)		19,718
	27,500	2.23%, 09/04/2008 (I)		27,390
				69,562
		Finance — 86.3%
		American Express Credit Corp.
	27,000	2.40%, 08/20/2008		26,910
	19,000	2.42%, 07/10/2008		18,989
	23,000	2.65%, 09/19/2008		22,866
		American General Finance Corp.
	17,500	2.46%, 07/02/2008		17,499
	17,000	2.55%, 07/22/2008		16,975
		American Honda Finance Corp.
	27,600	2.73%, 09/05/2008 (I)(L)		27,609
	9,500	2.78%, 08/06/2008 (I)(L)		9,499
	27,250	2.82%, 04/02/2009 (I)(L)		27,250
	21,300	3.01%, 09/18/2008 (I)(L)		21,300
		Australia & New Zealand Banking GR
	19,250	2.67%, 08/04/2008		19,202
	32,000	2.68%, 10/03/2008 (I)		31,780
	16,500	2.81%, 07/24/2008 (I)		16,471
		Bank of America Corp.
	26,000	2.48%, 12/18/2008 (L)		25,983
	21,250	2.74%, 08/25/2008		21,162
	20,500	2.76%, 07/21/2008		20,469
		Bank of Nova Scotia
	20,300	2.54%, 08/13/2008		20,239
	23,250	2.74%, 09/16/2008		23,115
	25,250	2.77%, 04/09/2009 (I)(L)		25,250
		Bank of Scotland
	17,000	2.67%, 08/08/2008		16,952
	20,450	2.75%, 07/07/2008		20,441
		BNP Paribas Finance
	17,000	2.43%, 09/23/2008 (L)		16,993
	25,500	2.53%, 07/16/2008		25,500
	25,250	2.63%, 08/27/2008		25,250
		Caterpillar Financial Services Corp.
	38,000	2.47%, 09/10/2008 (L)		37,984
		Citigroup Funding, Inc.
	35,000	2.81%, 08/14/2008		34,880
	19,300	2.84%, 09/19/2008		19,179
	15,000	2.86%, 07/28/2008		14,968
		Danske Bank AS
	22,000	2.47%, 08/19/2008 (I)(L)		22,000
		Danske Corp.
	17,000	2.38%, 08/01/2008		16,965
	5,250	2.47%, 07/15/2008		5,245
	24,600	2.55%, 07/15/2008		24,576
		Federal Home Loan Bank
	30,000	2.04%, 07/23/2008		29,963
	28,000	2.06%, 07/11/2008		27,984
	55,750	2.11%, 09/26/2008 — 10/29/2008		55,412
	30,500	2.12%, 10/03/2008		30,332
	22,000	2.13%, 09/03/2008		21,917
	24,250	2.21%, 08/27/2008		24,166
	25,000	2.26%, 08/08/2008		24,941
	23,800	2.41%, 11/26/2008 (L)		23,791
	46,650	2.44%, 12/08/2008 (L)		46,653
	14,500	2.45%, 09/19/2008		14,422
	22,900	2.49%, 05/20/2009 (L)		22,895
	21,250	2.75%, 01/23/2009 (L)		21,260
		Federal Home Loan Mortgage Corp.
	29,250	2.06%, 07/07/2008		29,240
	42,000	2.07%, 08/15/2008		41,892
	25,750	2.09%, 10/20/2008		25,585
	25,000	2.10%, 09/29/2008		24,869
	27,880	2.13%, 09/08/2008		27,767
	33,000	2.17%, 08/04/2008		32,932
	22,250	2.21%, 11/17/2008		22,062
	34,000	2.36%, 04/07/2009 (L)		34,000
	25,000	2.45%, 09/22/2008		24,859
	44,250	2.50%, 11/05/2008		43,863
	35,640	5.75%, 03/15/2009		36,348
		Federal National Mortgage Association
	25,300	2.03%, 08/18/2008		25,232
	35,500	2.07%, 07/31/2008		35,439
	109,500	2.10%, 07/09/2008 — 10/08/2008		109,048
	32,000	2.11%, 10/22/2008		31,789
	35,500	2.12%, 08/01/2008		35,435
	24,750	2.19%, 11/12/2008		24,550
	33,000	2.29%, 11/05/2008		32,736
	52,750	2.42%, 09/03/2008		52,534
		General Electric Capital Corp.
	20,000	2.36%, 07/18/2008		19,978
	19,400	2.50%, 06/24/2009 (L)		19,400
	17,750	2.51%, 12/12/2008 (L)		17,751
	31,250	2.52%, 10/16/2008		31,018
		Goldman Sachs Group, Inc.
	50,850	3.01%, 07/29/2008 (L)		50,872
		Greenwich Capital Holdings
	9,250	2.99%, 09/22/2008		9,187
		HBOS Treasury Services plc
	26,440	2.45%, 09/08/2008 (I)(L)		26,439
		HSBC Finance Corp.
	11,000	2.35%, 07/14/2008		10,991
	22,500	2.47%, 09/06/2008 (L)		22,500
		John Deere Capital Corp.
	25,250	2.02%, 07/07/2008 (I)		25,234
	25,500	2.18%, 08/20/2008 (I)		25,423

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

­ ­  9  ­ ­

Hartford Money Market HLS Fund

Schedule of Investments — (continued)

June 30, 2008 (Unaudited)

(000’s Omitted)

Principal					Market
Amount					Value (W)
		Finance — (continued)
		JP Morgan Chase & Co.
$	22,000	2.36%, 08/25/2008			$	21,921
	19,500	2.41%, 08/04/2008				19,456
	26,200	2.45%, 09/02/2008 (L)				26,200
	10,250	3.03%, 07/14/2008				10,239
		Kreditanstalt fuer Wiederaufbau
	34,400	2.09%, 08/13/2008 (I)				34,315
	25,250	2.11%, 07/29/2008 (I)				25,209
	28,600	2.34%, 09/29/2008 (I)				28,433
		Lehman Brothers Holdings, Inc.
	12,000	2.85%, 07/01/2008				12,000
	22,000	2.99%, 11/26/2008 (L)				22,000
		Merrill Lynch & Co., Inc.
	22,000	2.62%, 08/22/2008 (L)				22,000
	12,000	2.63%, 07/03/2008				11,998
		Morgan Stanley Dean Witter, Inc.
	19,250	2.64%, 08/21/2008				19,178
	21,250	3.05%, 08/04/2008				21,189
		Nordea Bank Ab
	21,700	2.45%, 09/08/2008 (I)(L)				21,700
		Nordea Bank Finland NY
	24,500	2.44%, 04/09/2009 (L)				24,415
		Nordea North America
	21,500	2.43%, 07/15/2008				21,480
		Royal Bank of Canada
	25,350	2.55%, 07/15/2008				25,485
	22,250	2.69%, 09/15/2008				22,250
	21,250	2.87%, 07/15/2009 (I)(L)				21,250
		Royal Bank of Scotland Group plc
	19,250	2.64%, 08/12/2008				19,191
	15,500	2.66%, 08/07/2008 (I)				15,458
	24,800	2.77%, 09/22/2008				24,643
		Skandinaviska Enskilda Bank Ab
	21,600	2.46%, 09/08/2008 (I)(L)				21,600
	24,650	2.49%, 07/22/2008 (I)				24,614
	21,500	2.79%, 08/21/2008 (I)(L)				21,506
		State Street Corp.
	25,500	2.20%, 07/28/2008				25,458
	24,000	2.21%, 08/11/2008				23,940
	20,250	2.70%, 07/24/2008				20,215
		Svenska Handelsbanken Ab
	29,325	2.47%, 07/11/2008				29,305
	22,000	2.47%, 07/13/2009 (I)(L)				22,000
	15,400	2.94%, 05/06/2009 (I)(L)				15,400
		Swedbank
	29,000	2.34%, 07/10/2008				28,984
	19,400	2.65%, 08/13/2008				19,339
	18,900	2.78%, 09/25/2008				18,775
		Toyota Motor Credit Corp.
	53,000	2.03%, 07/17/2008 (L)				53,000
	8,000	2.32%, 07/31/2008				7,985
	23,750	2.52%, 10/14/2008				23,577
		UBS Finance LLC
	20,000	2.51%, 07/16/2008				19,979
	19,500	2.61%, 08/28/2008				19,418
	30,000	2.93%, 07/08/2008				29,983
		Wachovia Bank NA
	25,250	2.65%, 10/03/2008 (L)				25,256
	9,500	2.80%, 09/23/2008				9,500
	34,000	2.91%, 05/01/2009 (L)				34,000
		Wells Fargo & Co.
	24,500	2.14%, 07/25/2008				24,465
	21,250	2.41%, 08/26/2008				21,171
	22,000	2.63%, 06/18/2009 (L)				22,000
		Westpac Banking Corp.
	21,600	2.47%, 09/15/2008 (I)(L)				21,600
	20,000	2.75%, 07/09/2008 (I)				19,989
	25,750	3.06%, 01/28/2009 (L)				25,875
						3,065,154
		Health Care — 0.5%
		Astrazeneca plc
	19,250	2.73%, 11/25/2008 (I)				19,038
		Repurchase Agreements — 3.7%
		RBS Greenwich Capital Markets Repurchase Agreement (maturing on 07/01/2008 in the amount of $94,815, collateralized by U.S. Treasury Note 4.50% — 4.63%, 2011 — 2012, value of $96,869)
	94,810	1.80% dated 06/30/2008				94,810
		UBS Securities, Inc. Repurchase Agreement (maturing on 07/01/2008 in the amount of $37,473, collateralized by U.S. Treasury Bond 5.25% — 6.00%, 2026 — 2029, value of $38,088)
	37,471	1.80% dated 06/30/2008				37,471
						132,281
		Services — 1.9%
		Walt Disney Co.
	33,900	1.95%, 07/21/2008				33,863
	34,100	2.18%, 07/11/2008				34,080
						67,943
		Total investments (cost $3,538,980) (C)	99.6	%	$	3,538,980
		Other assets and liabilities	0.4	%		15,030
		Total net assets	100.0	%	$	3,554,010

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 19.73% of total net assets at June 30, 2008.
	Foreign securities that are principally traded on certain foreign markets are adjusted daily pursuant to a third party pricing service methodology approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of the foreign market but before the close of the New York Stock Exchange.
	The disclosures required by FAS 157 “Fair Value Measurements” are shown following the Schedules of Investments.

(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 June 30, 2008, was $793,664, which represents 22.33% of total net assets.
(L)	Variable rate securities; the yield reported is the rate in effect at June 30, 2008.
(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.

­ ­  10  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

FAS 157 Disclosure of Investment Valuation Hierarchy Levels
June 30, 2008 (Unaudited)
(000’s Omitted)

			Hartford
	Hartford		Growth		Hartford
	Global Growth		Opportunities		Money Market
	HLS Fund		HLS Fund		HLS Fund
Assets:
Securities — Level 1	$	643,493	$	1,320,430	$	132,281
Securities — Level 2		522,606		273,173		3,406,699
Securities — Level 3		—		—		—
Total	$	1,166,099	$	1,593,603	$	3,538,980
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		6		—		—
Total	$	6	$	—	$	—
Liabilities:
Securities — Level 1	$	—	$	—	$	—
Total	$	—	$	—	$	—
Other financial instruments* — Level 1	$	—	$	—	$	—
Other financial instruments* — Level 2		15		—		—
Total	$	15	$	—	$	—

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and swap contracts, which are valued at the unrealized appreciation / depreciation on the investment.

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

­ ­  11  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Assets and Liabilities
June 30, 2008 (Unaudited)
(000’s Omitted)

	Hartford		Hartford			Hartford
	Global Growth		Growth Opportunities			Money Market
	HLS Fund		HLS Fund			HLS Fund
Assets:
Investments in securities, at value; (amortized cost for Money Market)@	$	1,166,099	$	1,593,603		$	3,538,980
Cash		548		—			74
Foreign currency on deposit with custodian #		322		—			—
Unrealized appreciation on forward foreign currency contracts		6		—			—
Receivables:
Investment securities sold		23,048		255			—
Fund shares sold		588		2,576			21,721
Dividends and interest		867		885			3,256
Other assets		1		3			49
Total assets		1,191,479		1,597,322			3,564,080
Liabilities:
Unrealized depreciation on forward foreign currency contracts		15		—			—
Payable upon return of securities loaned (Note 2d) >		125,260		117,864			—
Payables:
Investment securities purchased		10,388		9,726			—
Fund shares redeemed		1,314		2,764			9,712
Investment management and advisory fees (Note 5)		74		122			109
Administrative fee		29		—			95
Distribution fees (Note 5)		8		8			20
Accrued expenses		127		127			134
Total liabilities		137,215		130,611			10,070
Net assets	$	1,054,264	$	1,466,711			3,554,010
Summary of Net Assets:
Capital stock and paid-in-capital	$	911,587	$	1,388,960		$	3,554,010
Accumulated undistributed net investment income		3,915		2,816			—
Accumulated net realized gain (loss) on investments and foreign currency transactions		5,596		(8,322	)		—
Unrealized appreciation of investments and the translations of assets and liabilities denominated in foreign currency		133,166		83,257			—
Net assets	$	1,054,264	$	1,466,711		$	3,554,010
Shares authorized		3,400,000		700,000			14,000,000
Par value	$	0.001	$	0.001		$	0.001
Class IA: Net asset value per share	$	18.64	$	28.06		$	1.00
Shares outstanding		44,239		44,316			2,977,691
Net assets	$	824,559	$	1,243,295		$	2,977,691
Class IB: Net asset value per share	$	18.48	$	27.71		$	1.00
Shares outstanding		12,429		8,063			576,319
Net assets	$	229,705	$	223,416		$	576,319
@ Cost of securities	$	1,032,947	$	1,510,346		$	3,538,980
@ Market value of securities on loan	$	121,163		115,316			—
#  Cost of foreign currency on deposit with custodian	$	313	$	—			—
> Market value of non-cash collateral for securities lending valued at	$	184	$	—			—

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

­ ­  12  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Operations
For the Six-Month Period Ended June 30, 2008
(000’s Omitted)

	Hartford			Hartford
	Global			Growth			Hartford
	Growth			Opportunities			Money Market
	HLS Fund			HLS Fund			HLS Fund
Investment Income:
Dividends	$	8,062		$	7,299			—
Interest		189			301			52,544
Securities lending		915			439			—
Less: Foreign tax withheld		(768	)		(217	)		—
Total investment income, net		8,398			7,822			52,544
Expenses:
Investment management and advisory fees		2,842			4,505			3,843
Administrative service fees		1,133			—			3,345
Distribution fees — Class IB		315			294			697
Custodian fees		20			163			2
Accounting services		79			—			167
Board of Directors’ fees		11			11			23
Other expenses		113			115			175
Total expenses (before waivers and custodian fee offset)		4,513			5,088			8,252
Expenses waivers		—			—			(836	)
Commission recapture		(16	)		(82	)		—
Custodian fee offset		(2	)		—			(2	)
Total waivers and custodian fee offset		(18	)		(82	)		(838	)
Total expenses, net		4,495			5,006			7,414
Net investment income		3,903			2,816			45,130
Net Realized Gain (Loss) on Investments and Foreign Currency Transactions:
Net realized gain (loss) on investments		6,247			(6,508	)		—
Net realized gain (loss) on foreign currency transactions		86			(280	)		—
Net Realized Gain (Loss) on Investments and Foreign Currency Transactions		6,333			(6,788	)		—
Net Changes in Unrealized Appreciation (Depreciation) of Investments and Foreign Currency Transactions:
Net unrealized depreciation of investments		(191,843	)		(185,075	)		—
Net unrealized appreciation on translation of other assets and liabilities in foreign currencies		11			—			—
Net Changes in Unrealized Depreciation of Investments and Foreign Currency Transactions		(191,832	)		(185,075	)		—
Net Loss on Investments and Foreign Currency Transactions		(185,499	)		(191,863	)		—
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(181,596	)	$	(189,047	)	$	45,130

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

­ ­  13  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Statements of Changes in Net Assets

(000’s Omitted)

	Hartford						Hartford						Hartford
	Global Growth						Growth Opportunities						Money Market
	HLS Fund						HLS Fund						HLS Fund
	For the						For the						For the
	Six-Month						Six-Month			For the			Six-Month			For the
	Period Ended			For the			Period Ended			Year Ended			Period Ended			Year Ended
	June 30, 2008			Year Ended			June 30, 2008			December 31,			June 30, 2008			December 31,
	(Unaudited)			December 31, 2007			(Unaudited)			2007			(Unaudited)			2007
Operations:
Net investment income	$	3,903		$	967		$	2,816		$	1,772		$	45,130		$	108,541
Net realized gain (loss) on investments and foreign currency transactions		6,333			155,641			(6,788	)		291,546			—			52
Net unrealized appreciation (depreciation) of investments and foreign currency transactions		(191,832	)		123,099			(185,075	)		81,169			—			—
Net increase (decrease) in net assets resulting from operations		(181,596	)		279,707			(189,047	)		(374,487	)		45,130			108,593
Distributions to Shareholders:
From net investment income
Class IA		—			(509	)		(94	)		(1,850	)		(38,182	)		(90,770	)
Class IB		—			(153	)		—			(60	)		(6,948	)		(17,771	)
From net realized gain on investments
Class IA		(29,584	)		(107,687	)		(45,855	)		(220,443	)		—			(43	)
Class IB		(8,357	)		(31,874	)		(8,404	)		(43,763	)		—			(9	)
Total distributions		(37,941	)		(140,223	)		(54,353	)		(266,116	)		(45,130	)		(108,593	)
Capital Share Transactions:
Class IA
Sold		42,334			73,376			113,362			217,719			1,643,596			2,394,176
Issued on reinvestment of distributions		29,584			108,196			45,949			222,293			37,919			90,667
Redeemed		(106,097	)		(203,272	)		(127,969	)		(222,459	)		(927,948	)		(1,819,153	)
Total capital share transactions		(34,179	)		(21,700	)		31,342			217,553			753,567			665,690
Class IB
Sold		17,521			33,680			35,058			83,662			339,172			503,545
Issued on reinvestment of distributions		8,357			32,027			8,404			43,823			6,898			17,750
Redeemed		(46,529	)		(77,401	)		(57,727	)		(61,762	)		(222,727	)		(388,244	)
Total capital share transactions		(20,651	)		(11,694	)		(14,265	)		65,723			123,343			133,051
Net increase (decrease) from capital share transactions		(54,830	)		(33,394	)		17,077			283,276			876,910			798,741
Net increase (decrease) in net assets		(274,367	)		106,090			(226,323	)		391,647			876,910			798,741
Net Assets:
Beginning of period		1,328,631			1,222,541			1,693,034			1,301,387			2,677,100			1,878,359
End of period	$	1,054,264		$	1,328,631		$	1,466,711		$	1,693,034		$	3,554,010		$	2,677,100
Accumulated undistributed net investment income	$	3,915		$	12		$	2,816		$	94		$	—		$	—
Shares:
Class IA
Sold		2,112			3,252			3,881			6,208			1,643,596			2,394,177
Issued on reinvestment of distributions		1,531			5,023			1,605			6,954			37,919			90,667
Redeemed		(5,295	)		(9,286	)		(4,390	)		(6,570	)		(927,948	)		(1,819,153	)
Total share activity		(1,652	)		(1,011	)		1,096			6,592			753,567			665,691
Class IB
Sold		883			1,493			1,210			2,405			339,172			503,545
Issued on reinvestment of distributions		436			1,496			297			1,386			6,898			17,750
Redeemed		(2,354	)		(3,528	)		(2,006	)		(1,845	)		(222,727	)		(388,245	)
Total share activity		(1,035	)		(539	)		(499	)		1,946			123,343			133,050

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

­ ­  14  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements
June 30, 2008
(000’s Omitted)

1.  Organization:

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

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. (the “Companies”) are open-end management investment companies comprised of forty-five portfolios. The three Funds included in these financial statements are Hartford Global Growth HLS Fund, Hartford Growth Opportunities HLS Fund, and Hartford Money Market HLS Fund (each a “Fund” or together the “Funds”). 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.

Each Fund is divided into Class IA and Class IB shares. Each class is offered at Net Asset Value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to distribution fees charged pursuant to Distribution and Service Plans. These Distribution and Service Plans have been adopted in accordance with Rule 12b-1 of the 1940 Act.

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 (“GAAP”) in the investment company industry:

a)  Security Transactions and Investment Income — 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 interests purchased in the secondary market is the date on which the transaction is entered into.

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.

b)  Security Valuation — Except for Hartford Money Market HLS Fund, the 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 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 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. The Hartford Money Market HLS 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.

­ ­  15  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

system (“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 Funds’ 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 Funds’ Board of Directors.

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 Funds’ 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.

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 Hartford Money Market HLS 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 business day.

While securities are on loan, each Fund is subject to: the following risks: 1) that the borrower may default on the loan and that the collateral could be inadequate in the event the borrower defaults, 2) that the earnings on the collateral invested may not be sufficient to pay fees incurred in connection with the loan, 3) that the principal value of the collateral invested may decline and may not be sufficient to pay back the borrower for the amount of the collateral posted, 4) 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, 5) that return of loaned securities could be delayed and could interfere with portfolio management decisions and 6) 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 Company (“Hartford Investment Management”) a wholly-owned subsidiary of The Hartford Financial Services Group, Inc., (“The Hartford”) 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 June 30, 2008.
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

­ ­  16  ­ ­

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 a fluctuation in the Fund’s NAV. Reverse Repurchase Agreements are valued at proceeds plus accrued interest. As of June 30, 2008, there were no outstanding reverse repurchase agreements.

h)  Forward Foreign Currency Contracts — At June 30, 2008, certain Funds, as shown in the Schedule 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.

i)

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. As of June 30, 2008, there were no outstanding indexed securities.

j)

Fund Share Valuation and Dividend Distributions to Shareholders — Orders for the Funds’ shares are executed in accordance with the investment instructions of the contract holders or plan participants. 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 received by an insurance company or plan 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 received by an insurance company or plan 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.

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

Hartford Money Market HLS Fund seeks to maintain a stable net asset value per share of $1.00 by declaring a daily dividend from net investment income, including net short-term capital gains and losses, and by valuing its investments using the amortized cost method. Dividends are declared daily and distributed monthly.

Distributions from net investment income, realized capital gains and capital are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing. These differences include foreign currency gains and losses, losses deferred due to wash sales 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 4 (c)).

k)	Illiquid and Restricted Securities — Each Fund is permitted to invest up to 15% of its net assets in illiquid securities, except for Hartford Money Market HLS 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 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.
l)	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 June 30, 2008, the Funds had no outstanding when-issued or forward commitments.
m)	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 securities with higher credit risk may fluctuate more than with less aggressive bond funds.
n)	Senior Floating Rate Interests — Certain Funds 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 subordinated debtholders and stockholders of the Borrower. Senior floating rate interests are typically structured and administered by a financial institution that acts as the agent of the lenders participating in the senior floating rate interest. Senior floating rate interests are typically rated below-investment-grade, which suggests they are more likely to default and generally pay higher interest rates than investment-grade loans. A default could lead to non-payment of income which would result in a reduction of income to the Fund and there can be no assurance that the liquidation of any collateral would satisfy the Borrower’s obligation in the event of non-payment of scheduled interest or principal payments, or that such collateral could be readily liquidated.

­ ­  17  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

o)  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 major 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 Schedule 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 Schedule of Investments.

p)

Use of Estimates — The preparation of financial statements in conformity with U.S. GAAP 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.

q)

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. Swaps may also depend on other prices or rates, such as the value of an index or mortgage prepayment rates. The Funds had no outstanding swaps as of June 30, 2008.

r)  Financial Accounting Standards Board Financial Accounting Standards No. 157 — Effective January 1, 2008, the Funds adopted Statement of 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. Fair value is defined under FAS 157 as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Under FAS 157, a fair value measurement should reflect all of the assumptions that market participants would use in pricing the assets or liability, including assumptions about the risk inherent in a particular valuation technique, the effect of a restriction on the sale or use of an asset, and the risk of nonperformance.

Various inputs are used in determining the value of the Funds’ investment. These inputs are summarized, per FAS 157, into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:

•   Level 1 — Quoted prices in active markets for identical securities. Level 1 includes exchange-traded instruments such as domestic equities, some foreign equities, options, futures, mutual funds (excluding money market funds), exchange traded funds (ETF’s), and rights and warrants.

•   Level 2 — Observable inputs other than Level 1 prices, such as quoted prices for similar securities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the security. Level 2 includes debt securities that are traded less frequently than exchange-traded instruments and which are valued using third party pricing services; Non-North American foreign equities whose value is determined using a multi-factor regression model with inputs that are observable in the market; and money market instruments, which are carried at amortized cost.

•   Level 3 — Significant unobservable inputs that are supported by little or no market activity. Level 3 includes financial instruments whose values are determined using broker quotes and requires significant management judgment or estimation. This category includes broker quoted debt securities, collateralized debt obligations, and long dated OTC options. While these securities are priced using unobservable inputs, the valuation of these securities reflects the best available data and management believes the prices are representative of exit value.

Please note that individual securities within any of the above mentioned asset classes may be assigned a different hierarchical level than that presented above, as individual circumstances dictate.

FAS 157 also requires that a roll forward reconciliation be shown for all Level 3 securities from the beginning of the reporting period to the end of the reporting period. Part of this reconciliation includes transfers in and/or out of Level 3. For purposes of this reconciliation, transfers in are shown at the end of period balance and transfers out are shown at the beginning of period balance.

s)  Financial Accounting Standards Board Financial Accounting Standards No. 161 — In March 2008, the Financial Accounting Standards Board (“FASB”) released Statement of Financial Accounting Standards No. 161, “Disclosures about Derivative Instruments and Hedging Activities” (“FAS 161”). FAS 161 requires companies to disclose information detailing the objectives and strategies for using derivative instruments, the level of derivative activity entered into by the company and any credit risk- related contingent features of the agreements. The application of FAS 161 is required for fiscal years beginning after November 15, 2008 and interim periods within those fiscal years. At this time, management is evaluating the implications of FAS 161 and has not yet implemented the new disclosure standard.

­ ­  18  ­ ­

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 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.

3.  Futures and Options:

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.

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. The Funds had no transactions involving written option contracts for the Funds during the six-month period ended June 30, 2008.

4.  Federal Income Taxes:

a)

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 prior to the next fiscal year end. Accordingly, no provision for federal income or excise taxes has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distribution for federal income tax purposes.

b)

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
	December 31, 2007				December 31, 2006
	Ordinary		Long-Term		Ordinary		Long-Term
	Income		Capital Gains(a)		Income		Capital Gains(a)
Hartford Global Growth HLS Fund	$	32,462	$	107,761	$	29,720	$	44,208
Hartford Growth Opportunities HLS Fund		163,824		102,292		48,149		89,358
Hartford Money Market HLS Fund		108,593		—		81,039		—

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

As of December 31, 2007, the components of distributable earnings (deficit) on a tax basis were as follows:

									Total
	Undistributed		Undistributed		Accumulated		Unrealized		Accumulated
	Ordinary		Long-Term		Capital Gains		Appreciation		Earnings
	Income		Capital Gain		(Losses)*		(Depreciation)@		(Deficit)
Hartford Global Growth HLS Fund	$	3,881	$	34,060	$	—	$	324,273	$	362,214
Hartford Growth Opportunities HLS Fund		20,360		33,993		—		266,798		321,151

*	Certain Funds had capital loss carryforwards that are identified in Note 4 (d).
@	The difference between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to the tax deferral of wash sales losses, the mark-to-market adjustment for certain derivatives in accordance with IRC Sec. 1256, mark to market for Passive Foreign Investment Companies and basis differences in real estate investment trusts.

­ ­  19  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

c)  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 net asset value 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 GAAP and tax accounting for such items as foreign currency and net operating losses 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 Fund’s 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. As of December 31, 2007, the Funds recorded the following reclassifications to increase (decrease) the accounts listed below.

	Undistributed			Accumulated
	Net Investment			Net Realized			Paid-in-
	Income			Gain (Loss)			Capital
Hartford Global Growth HLS Fund	$	2,132		$	(2,132	)	$	—
Hartford Growth Opportunities HLS Fund		(157	)		157			—

d)  Capital Loss Carryforward:

At December 31, 2007 (tax-year-end), no Funds had capital loss carryforwards for U.S. federal income tax purposes.

Based on certain provisions in the IRC, various limitations regarding the future utilization of Hartford Global Growth HLS Fund, carryforwards may apply.

e)  Financial Accounting Standards Board Interpretation No. 48 — On July 13, 2006, the 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. Management has evaluated the implications of FIN 48 for all open tax years (tax years ended December 31, 2005 — 2007) and has determined there is no impact to the Funds’ financial statements.

5.  Expenses:

a)  Investment Management and Advisory Agreements — HL Investment Advisors, LLC (HL Advisors) an indirect wholly-owned subsidiary of The Hartford, serves as investment manager to the Funds pursuant to separate Investment Management Agreements with Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. As investment manager, HL Advisors has overall investment supervisory responsibility for each Fund. In addition, HL Advisors provides administrative personnel, services, equipment and facilities and office space for proper operation of the Funds.

HL Advisors has contracted with Wellington for the provision of day-to-day management services to the Hartford Global Growth HLS Fund and Hartford Growth Opportunities HLS Fund in accordance with each Fund’s investment objective and policies.

In addition, HL Advisors has contracted with Hartford Investment Management for the provision of day-to-day investment management services to Hartford Money Market HLS Fund.

Each Fund pays a fee to HL Advisors, a portion of which is used to compensate Hartford Investment Management and Wellington, as applicable.

b)  Administrative Services Agreement — Under the Administrative Services Agreement between HLIC and the following Funds, Hartford Global Growth HLS Fund and Hartford Money Market HLS Fund, HLIC provides administrative services to the Funds and receives monthly compensation at the annual rate of 0.20% of each Fund’s average daily net assets. The Funds assume and pay certain other expenses (including, but not limited to, accounting, custodian, state taxes and directors’ fees). Directors’ fees represent remuneration paid or accrued to directors not employed with HLIC or any other related company.

­ ­  20  ­ ­

The schedules below reflect the rates of compensation paid to HL Advisors for investment advisory services and to HLIC for administrative services rendered during the six-month period ended June 30, 2008; the rates are accrued daily and paid monthly.

Hartford Global Growth HLS Fund

Average Daily Net Assets	Annual Fee
On first $250 million		0.775%
On next $250 million		0.725%
On next $500 million		0.675%
Over $1 billion		0.625%

Hartford Growth Opportunities HLS Fund

Average Daily Net Assets	Annual Fee
On first $100 million		0.700%
Over $100 million		0.600%

Hartford Money Market HLS Fund(1)

Average Daily Net Assets	Annual Fee
On first $2 billion		0.450%
On next $3 billion		0.400%
On next $5 billion		0.380%
Over $10 billion		0.370%

(1) HL Advisors voluntarily agreed to waive management fees of 0.05% of average daily net assets until December 31, 2008.

c)  Accounting Services Agreement — Pursuant to the Fund Accounting Agreement between HLIC and the Hartford Global Growth HLS Fund and Hartford Money Market HLS Fund, HLIC provides accounting services to the Funds and receives monthly compensation on each Fund’s average daily net assets based on the fees in the following tables. The Funds’ accounting services fees are accrued daily and paid monthly.

Effective January 1, 2008, the rates of compensation paid to HLIC are as follows:

Hartford Global Growth HLS Fund

Average Daily Net Assets	Annual Rate
On first $5 billion		0.014%
On next $5 billion		0.012%
Over $10 billion		0.010%

Hartford Money Market HLS Fund

Average Daily Net Assets	Annual Rate
All assets		0.010%

d)	Other Related Party Transactions — Certain officers of the Funds are directors and/or officers of HLIA, Hartford Investment Management and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2008, a portion of the Funds’ chief compliance officer’s salary was paid by the Funds in the amount of $9. Hartford Investor Services Company LLC (“HISC”), a wholly owned subsidiary of The Hartford, provides transfer agent services to the Funds. HISC was compensated $6 for providing such services. The Funds accrue these fees daily and pay monthly.
e)	Operating Expenses — Allocable expenses of the Funds are charged to each Fund based on the ratio of the average net assets of each Fund to the combined average net assets of the Funds. Non-allocable expenses are charged to each Fund based on specific identification.
f)	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 offset a portion of the Funds’ expenses. In addition, the Funds’ custodian bank has also agreed to reduce its fees when the Funds maintain cash on deposit in a non-interest-bearing custody account. For the six-month period ended June 30, 2008, 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:

	For the						For the						For the						For the						For the
	Six-Month Period Ended						Year Ended						Year Ended						Year Ended						Year Ended
	June 30, 2008						December 31, 2007						December 31, 2006						December 31, 2005						December 31, 2004
	Ratio of Expenses						Ratio of Expenses						Ratio of Expenses						Ratio of Expenses						Ratio of Expenses
	to Average Net						to Average Net						to Average Net						to Average Net						to Average Net
	Assets after						Assets After						Assets After						Assets After						Assets After
	Waivers and Offsets						Waivers and Offsets						Waivers and Offsets						Waivers and Offsets						Waivers and Offsets
Fund	Class IA			Class IB			Class IA			Class IB			Class IA			Class IB			Class IA			Class IB			Class IA			Class IB
Hartford Global Growth HLS Fund		0.74	%		0.99	%		0.73	%		0.98	%		0.74	%		0.99	%		0.68	%		0.93	%		0.68	%		0.93	%
Hartford Growth Opportunities HLS Fund		0.64			0.89			0.63			0.88			0.63			0.88			0.58			0.84			0.57			0.82
Hartford Money Market HLS Fund		0.40			0.65			0.42			0.67			0.48			0.73			0.49			0.74			0.48			0.73

­ ­  21  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Notes to Financial Statements — (continued)
June 30, 2008
(000’s Omitted)

g)  Distribution Plan for Class IB shares — All Funds with Class IB shares have adopted a Distribution Plan pursuant to Rule 12b-1 under the 1940 Act for the Class IB shares. Pursuant to the Distribution Plan, each Fund compensates the Distributor, Hartford Securities Distribution Company, Inc. (a wholly owned, ultimate subsidiary of Hartford Life, Inc. (“Hartford Life”)) from assets attributable to the Class IB shares for services rendered and expenses borne in connection with activities primarily intended to result in the sale of the Class IB shares.

The Distribution Plan provides that each Fund may pay annually up to 0.25% of the average daily net assets of a Fund attributable to its Class IB shares for activities primarily intended to result in the sale of Class IB shares. Under the terms of the Distribution Plan and the principal underwriting agreement, each Fund is authorized to make payments monthly to the Distributor which may be used to pay or reimburse entities providing distribution and shareholder servicing with respect to the Class IB shares for such entities’ fees or expenses incurred or paid in that regard. The Funds’ distribution fees are accrued daily and paid monthly.

h)  Payment from (to) Affiliate — The Funds are available for purchase by the separate accounts of different variable universal life policies, variable annuity products, and funding agreements and they are offered directly to certain qualified retirement plans (collectively, “Products”). Although existing Products contain transfer restrictions, some Products, particularly older variable annuity products, do not contain restrictions on the frequency of transfers. In addition, as the result of the settlement of litigation against Hartford Life (the issuers of such variable annuity products), the Funds’ ability to restrict transfers by certain owners of older variable annuity products was limited. During 2006, these annuity owners surrendered the older variable annuity contracts that were the subject of prior litigation. In February 2005, Hartford Life agreed with the Board of Directors of the Funds to indemnify the Funds for any material harm caused to the Funds from frequent trading by these contracts owners.

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 of 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 $39.6 million to the Funds in the amounts indicated below. These amounts were recorded on November 8, 2006 and paid on November 22, 2006. The Hartford settled this matter without admitting or denying the findings of the SEC.

The total return in the financial highlights includes payment from affiliates. The tables below show the impact of each of the payments from affiliates and what the total return for the years ended December 31, 2007, 2006 and 2005, would have been as follows:

	Impact from Payment						Impact from Payment						Total Return Excluding
	from Affiliate for						from (to) Affiliate for						Payments from (to)
	SEC Settlement						Unrestricted Transfers						Affiliate
	for the Year Ended						for the Year Ended						for the Year Ended
	December 31, 2006						December 31, 2006						December 31, 2006
Fund	Class IA			Class IB			Class IA			Class IB			Class IA			Class IB
Hartford Global Growth HLS Fund		0.31	%		0.32	%		—	%		—	%		13.83	%		13.54	%
Hartford Growth Opportunities HLS Fund		0.07			0.07			0.02			0.02			11.96			11.70

Impact from Payment

from Affiliate for

Total Return Excluding

Unrestricted Transfers

Payments from Affiliate

for the Year Ended

for the Year Ended

December 31, 2005

December 31, 2005

Fund

Class IA

Class IB

Class IA

Class IB

Hartford Growth Opportunities HLS Fund

0.11

%

0.11

%

16.20

%

15.91

%

6.  Investment Transactions:

For the six-month period ended June 30, 2008, the cost of purchases and sales of securities for Hartford Money Market HLS Fund were $16,655,347 and $15,800,253, respectively. For the six-month period ended June 30, 2008, aggregate purchases and sales of investment securities (excluding short-term investments) were as follows:

	Cost of Purchases		Sales Proceeds		Cost of
	Excluding		Excluding		Purchases for		Sales Proceeds for
	U.S. Government		U.S. Government		U.S. Government		U.S. Government
Fund	Obligations		Obligations		Obligations		Obligations
Hartford Global Growth HLS Fund	$	371,528	$	465,111	$	—	$	—
Hartford Growth Opportunities HLS Fund		1,167,776		1,226,407		—		—

7.  Line of Credit:

The Funds, except for Hartford Money Market HLS 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 six-month period ended June 30, 2008, the Funds did not have any borrowings under this facility.

­ ­  22  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Financial Highlights

	— Selected Per-Share Data(#) —																					— Ratios and Supplemental Data —
								Net
								Realized																	Net										Ratio of			Ratio of			Ratio of
								and									Distributions								Increase										Expenses			Expenses			Net
	Net Asset		Net					Unrealized			Total			Dividends			from								(Decrease)			Net Asset							to Average			to Average			Investment
	Value at		Investment			Payments		Gain			from			from Net			Realized			Distributions					in Net			Value at					Net Assets		Net Assets			Net Assets			Income to			Portfolio
	Beginning		Income			from (to)		(Loss) on			Investment			Investment			Capital			from		Total			Asset			End of		Total			at End		Before			After			Average			Turnover
	of Period		(Loss)			Affiliate		Investments			Operations			Income			Gains			Capital		Distributions			Value			Period		Return(a)			of Period		Waivers(b)			Waivers(b)			Net Assets			Rate(c)
Hartford Global Growth HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA	$	22.42	$	0.07		$	—	$	(3.16	)	$	(3.09	)	$	—		$	(0.69	)	$	—	$	(0.69	)	$	(3.78	)	$	18.64		(13.90	)%*	$	824,559		0.74	(d)%		0.74	(d)%		0.75	(d)%		33	%
Class IB		22.27		0.05			—		(3.15	)		(3.10	)		—			(0.69	)		—		(0.69	)		(3.79	)		18.48		(14.01	)*		229,705		0.99	(d)		0.99	(d)		0.49	(d)		—
For the Year Ended December 31, 2007
Class IA		20.09		0.03			—		4.84			4.87			(0.01	)		(2.53	)		—		(2.54	)		2.33			22.42		25.05			1,028,843		0.73			0.73			0.13			75
Class IB		20.02		(0.02	)		—		4.81			4.79			(0.01	)		(2.53	)		—		(2.54	)		2.25			22.27		24.74			299,788		0.98			0.98			(0.11	)		—
For the Year Ended December 31, 2006
Class IA		18.74		0.10			0.05		2.48			2.63			(0.16	)		(1.12	)		—		(1.28	)		1.35			20.09		14.14	(e)		942,258		0.76			0.76			0.48			116
Class IB		18.66		0.05			0.05		2.47			2.57			(0.09	)		(1.12	)		—		(1.21	)		1.36			20.02		13.86	(e)		280,283		1.01			1.01			0.23			—
For the Year Ended December 31, 2005
Class IA		18.41		0.14			—		0.33			0.47			(0.14	)		—			—		(0.14	)		0.33			18.74		2.59			935,539		0.77			0.77			0.74			262
Class IB		18.32		0.07			—		0.35			0.42			(0.08	)		—			—		(0.08	)		0.34			18.66		2.33			280,050		1.02			1.02			0.48			—
For the Year Ended December 31, 2004
Class IA		15.53		0.12			—		2.85			2.97			(0.09	)		—			—		(0.09	)		2.88			18.41		19.19			1,004,850		0.78			0.78			0.83			255
Class IB		15.47		0.10			—		2.82			2.92			(0.07	)		—			—		(0.07	)		2.85			18.32		18.89			273,202		1.03			1.03			0.58			—
For the Year Ended December 31, 2003
Class IA		11.50		0.07			—		4.02			4.09			(0.06	)		—			—		(0.06	)		4.03			15.53		35.57			728,049		0.80			0.80			0.54			292
Class IB		11.47		0.04			—		4.00			4.04			(0.04	)		—			—		(0.04	)		4.00			15.47		35.24			129,315		1.05			1.05			0.29			—
Hartford Growth Opportunities HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		32.75		0.06			—		(3.68	)		(3.62	)		—			(1.07	)		—		(1.07	)		(4.69	)		28.06		(11.13	)*		1,243,295		0.65	(d)		0.65	(d)		0.42	(d)		79
Class IB		32.40		0.02			—		(3.64	)		(3.62	)		—			(1.07	)		—		(1.07	)		(4.69	)		27.71		(11.24	)*		223,416		0.90	(d)		0.90	(d)		0.17	(d)		—
For the Year Ended December 31, 2007
Class IA		30.13		0.05			—		8.62			8.67			(0.05	)		(6.00	)		—		(6.05	)		2.62			32.75		29.65			1,415,613		0.64			0.64			0.16			135
Class IB		29.90		(0.02	)		—		8.53			8.51			(0.01	)		(6.00	)		—		(6.01	)		2.50			32.40		29.33			277,421		0.89			0.89			(0.09	)		—
For the Year Ended December 31, 2006
Class IA		30.07		0.22			0.03		3.27			3.52			(0.24	)		(3.22	)		—		(3.46	)		0.06			30.13		12.05	(e)		1,103,590		0.65			0.65			0.71			139
Class IB		29.85		0.14			0.03		3.25			3.42			(0.15	)		(3.22	)		—		(3.37	)		0.05			29.90		11.79	(e)		197,797		0.90			0.90			0.46			—
For the Year Ended December 31, 2005
Class IA		27.63		0.09			0.03		4.36			4.48			(0.06	)		(1.98	)		—		(2.04	)		2.44			30.07		16.31	(e)		1,012,774		0.64			0.64			0.33			140
Class IB		27.44		0.01			0.03		4.35			4.39			—			(1.98	)		—		(1.98	)		2.41			29.85		16.02	(e)		179,308		0.89			0.89			0.06			—
For the Year Ended December 31, 2004
Class IA		23.57		0.05			—		4.01			4.06			—			—			—		—			4.06			27.63		17.18			848,674		0.63			0.63			0.23			137
Class IB		23.48		0.03			—		3.93			3.96			—			—			—		—			3.96			27.44		16.89			112,896		0.88			0.88			(0.03	)		—
For the Year Ended December 31, 2003
Class IA		16.40		(0.01	)		—		7.18			7.17			—			—			—		—			7.17			23.57		43.79			696,900		0.64			0.64			(0.05	)		145
Class IB		16.37		(0.01	)		—		7.12			7.11			—			—			—		—			7.11			23.48		43.43			59,686		0.89			0.89			(0.30	)		—
Hartford Money Market HLS Fund
For the Six-Month Period Ended June 30, 2008 (Unaudited)
Class IA		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		1.39	*		2,977,691		0.45	(d)		0.40	(d)		2.74	(d)		—
Class IB		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		1.26	*		576,319		0.70	(d)		0.65	(d)		2.49	(d)		—
For the Year Ended December 31, 2007
Class IA		1.00		0.05			—		—			0.05			(0.05	)		—			—		(0.05	)		—			1.00		4.95			2,224,124		0.47			0.42			4.83			—
Class IB		1.00		0.05			—		—			0.05			(0.05	)		—			—		(0.05	)		—			1.00		4.69			452,976		0.72			0.67			4.58			—
For the Year Ended December 31, 2006
Class IA		1.00		0.05			—		—			0.05			(0.05	)		—			—		(0.05	)		—			1.00		4.69			1,558,433		0.48			0.48			4.63			—
Class IB		1.00		0.04			—		—			0.04			(0.04	)		—			—		(0.04	)		—			1.00		4.43			319,926		0.73			0.73			4.38			—
For the Year Ended December 31, 2005
Class IA		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		2.84			1,353,836		0.49			0.49			2.79			—
Class IB		1.00		0.03			—		—			0.03			(0.03	)		—			—		(0.03	)		—			1.00		2.58			264,040		0.75			0.75			2.54			—
For the Year Ended December 31, 2004
Class IA		1.00		—			—		—			—			—			—			—		—			—			1.00		0.94			1,294,525		0.48			0.48			0.93			—
Class IB		1.00		—			—		—			—			—			—			—		—			—			1.00		0.69			252,808		0.73			0.73			0.68			—
For the Year Ended December 31, 2003
Class IA		1.00		0.01			—		—			0.01			(0.01	)		—			—		(0.01	)		—			1.00		0.75			1,609,439		0.49			0.49			0.75			—
Class IB		1.00		—			—		—			—			—			—			—		—			—			1.00		0.50			240,930		0.74			0.74			0.50			—

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

(b) Ratios do not reflect reductions for fees paid indirectly. Please see Note 5(f).

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

(d) Annualized

(e) Total return without the inclusion of the Payment from (to) Affiliate, as noted on the Statement of Operations, can be found in Note 5(h).

*	Not annualized
#	Information presented relates to a share outstanding throughout the indicated period.

­ ­  23  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund 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, as of June 30, 2008, collectively consist of 102 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 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 Hartford Series Fund, Inc. (“SF”) and Hartford HLS Series Fund II, Inc.(“SF2”), principal occupation, and, for directors, other directorships held. The Funds’ statement of additional information contains further information on the directors and is available free of charge by calling 1-800-862-6668 or writing to Hartford HLS Funds, c/o Individual Annuity Services, P.O. Box 5085, Hartford, CT 06102-5085.

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 62) Director since 2003, 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 68) Director since 2002 (SF) and 1986 (SF2), 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 63) Director since 2001 (SF) and 2002 (SF2), 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 buy outs of middle market companies.

Sandra S. Jaffee (age 66) 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, Inc. 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 63) Director since 2002 (SF) and 2000 (SF2), 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 61) 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.

­ ­  24  ­ ­

Interested Directors and Officers

Thomas M. Marra (age 50) Director since 2002

Mr. Marra has served as President and Chief Operating Officer of The Hartford Financial Services Group, Inc. (“The Hartford”) since 2007. He is also a member of the Board of Directors of The Hartford and currently serves as a Director of Hartford Life, Inc. (“HL, Inc.”). Mr. Marra served as COO of HL,Inc. from 2000 to 2008 and as President of HL, Inc. from 2002 to 2008.

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 HL, 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 (SF) and 2005 (SF2)

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 HL, 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 40) Vice President since 2006

Mr. Arena serves as Executive Vice President of Hartford Life and heads its Retail Products Group in the Individual Markets Group segment. 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 Skandia/Prudential in the individual annuities division. Mr. Arena joined American Skandia in 1996.

Tamara L. Fagely (age 50) 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.

Brian Ferrell (age 45) AML Compliance Officer since 2008

Mr. Ferrell has served as AML Compliance Officer for The Hartford since 2006. Prior to joining The Hartford in 2006, Mr. Ferrell held various positions at the U.S. Department of the Treasury, (the “Treasury”), from 2001 to 2006 where he served as Chief Counsel for the Treasury’s Financial Crimes Enforcement Network, (“Fin CEN”) from 2005-2006.

Thomas D. Jones, III (age 43) 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 41) 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 44) Vice President since 2006

Mr. Meyer serves as Senior Vice President of Hartford Life and Director of its Investment Advisory Group in the Individual Markets Group segment. He also serves as Senior Vice President of HIFSCO and HL Advisors. Prior to joining The Hartford in 2004, Mr. Meyer was with Mass Mutual 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 46) President since 2007

Mr. Walters currently serves as President, Chief Executive Officer and Director of HL, Inc. Mr. Walters previously served as President of the U.S. Wealth Management Division and as Co-Chief Operating Officer of HL, Inc. and as Executive Vice President and Director of its Investment Products Division. Mr. Walters also serves as Chairman of the Board, Chief Executive Officer, President and Director of Hartford Life and Executive Vice President of The Hartford. In addition, Mr. Walters is the Chief Executive Officer, Manager and President of HIFSCO and HL Advisors.

­ ­  25  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Directors and Officers (Unaudited) — (continued)

HOW TO OBTAIN A COPY OF THE FUNDS’ PROXY VOTING POLICIES AND PROXY VOTING RECORDS

A description of the policies 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, 2008 is available (1) without charge, upon request, by calling 800-862-6668 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’ Form N-Q will be available (1) without charge, upon request, by calling 800-862-6668 and (2) on the Securities and Exchange Commission’s website at www.sec.gov. The Forms N-Q may be reviewed and copied at the Securities and Exchange Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-202-551-8090.

­ ­  26  ­ ­

Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc.

Expense Example (Unaudited)

Your Fund’s Expenses

As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchase payments and contingent deferred sales charges (CDSC) and (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 Fund and to compare these costs with the ongoing costs of investing in other mutual funds.

The example is based on an investment of $1,000 invested at the beginning of the period and held for the period of December 31, 2007 through June 30, 2008.

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 Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads) and CDSC. Therefore, the second 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 Fund’s annualized expense ratios multiplied by average account value over the period, multiplied by 182/366 (to reflect the one-half year period).

					Expenses paid						Expenses paid
	Beginning		Ending		during the period		Beginning		Ending		during the period					Days
	Account		Account		December 31, 2007		Account		Account		December 31, 2007		Annualized			in the		Days
	Value		Value		through		Value		Value		through		expense			current		in the
	December 31, 2007		June 30, 2008		June 30, 2008		December 31, 2007		June 30, 2008		June 30, 2008		ratio			1/2 year		full year
Hartford Global Growth HLS Fund
Class IA	$	1,000.00	$	857.34	$	3.41	$	1,000.00	$	1021.18	$	3.71		0.74	%		182		366
Class IB	$	1,000.00	$	855.02	$	4.56	$	1,000.00	$	1019.94	$	4.97		0.99	%		182		366
Hartford Growth Opportunities HLS Fund
Class IA	$	1,000.00	$	885.45	$	3.04	$	1,000.00	$	1021.63	$	3.26		0.65	%		182		366
Class IB	$	1,000.00	$	883.12	$	4.21	$	1,000.00	$	1020.38	$	4.52		0.90	%		182		366
Hartford Money Market HLS Fund
Class IA	$	1,000.00	$	1,011.90	$	2.00	$	1,000.00	$	1022.87	$	2.01		0.40	%		182		366
Class IB	$	1,000.00	$	1,009.40	$	3.24	$	1,000.00	$	1021.63	$	3.26		0.65	%		182		366
			��

­ ­  27  ­ ­

Item 2. Code of Ethics.

     Not applicable to this semi-annual filing.

Item 3. Audit Committee Financial Expert.

     Not applicable to this semi-annual filing.

Item 4. Principal Accountant Fees and Services.

     Not applicable to this semi-annual filing.

Item 5. Audit Committee of Listed Registrants.

     Not applicable to this semi-annual filing.

Item 6. 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.

 11(a) (2) 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.

	HARTFORD HLS SERIES FUND II, INC.
Date: August 13, 2008	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: August 13, 2008	By:	/s/ John C. Walters
		John C. Walters
		Its: President
Date: August 13, 2008	By:	/s/ Tamara L. Fagely
		Tamara L. Fagely
		Its: Vice President, Controller and Treasurer

EXHIBIT LIST

99.CERT	11(a)(2)	Certifications
		(i) Section 302 certification of principal executive officer
		(ii) Section 302 certification of principal financial officer
99.906CERT	11(b)	Section 906 certification of principal executive officer and principal financial officer