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)
5 Radnor Corporate Center, Suite 300, 100 Matsonford Road, Radnor, Pennsylvania 19087
(Address of Principal Executive Offices) (Zip Code)
Edward P. Macdonald, Esquire
Hartford Funds Management Company, LLC
5 Radnor Corporate Center, Suite 300
100 Matsonford Road
Radnor, Pennsylvania 19087
(Name and Address of Agent for Service)
Registrant’s telephone number, including area code: (610) 386-4068
Date of fiscal year end: December 31
Date of reporting period: June 30, 2015
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F. Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. Reports to Stockholders.
A MESSAGE FROM THE PRESIDENT
Dear Fellow Shareholders:
Thank you for investing in Hartford HLS Funds.
Market Review
The now six-year-old bull market in equities continued through the six months ended June 30, 2015, the period of this report, after the S&P 500 notched its sixth-consecutive
calendar year of positive returns in 2014. From its financial-crisis low in March 2009, the S&P 500 Index1 has grown more than 200%.
Returns have been modest so far in 2015, with the S&P 500 Index gaining 1.23% through June, yet the Index generally managed to stay in positive territory during the period.
A stronger U.S. dollar, a result of divergent domestic and foreign central-bank policies, and cheaper oil due to a supply glut unmatched by demand were market drivers during the period.
In addition, central banks around the globe continued to play an important role in influencing investor behavior and market movement.
On the domestic front, the U.S. Federal Reserve (Fed) ended its bond-buying quantitative-easing (QE) program in late 2014. Now, investor focus is centered on Fed meetings to determine the timeline for future rate hikes, which is dependent on the rate of economic growth, employment rates, and inflation expectations. Currently, Fed guidance suggests that rate increases are expected to take place in late 2015. When the Fed begins to raise rates, the shift is likely to be felt by fixed-income investors in particular, as bonds are generally more sensitive to shifting rates than equities.
Though QE ended in the U.S., it is still in use overseas. The Bank of Japan ramped up its existing QE program to stimulate growth by increasing the amount of purchases in its bond-buying program. The European Central Bank started its own program of bond purchases in early 2015 to lower borrowing costs in hopes of stimulating the sluggish economies in the eurozone.
As we enter the second half of the year, the continuing role of central banks and macroeconomic events in financial markets serves as an important reminder to maintain a strong relationship with a financial advisor who can help guide you through shifting markets with confidence. Whether you’re seeking growth, income, or a way to mitigate volatility with your investments, your financial advisor can help you find a fit within our family of more than 45 mutual funds that were designed with you, and your investment goals, in mind.
Thank you again for investing with Hartford HLS Funds.
James Davey
President
Hartford HLS Funds
| 1 | The S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks. |
Hartford HLS Funds
Table of Contents
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 sub-adviser and portfolio management team through the end of the period and are subject to change based on market and other conditions. Each Fund’s Manager Discussion is for informational purposes only and does not represent an offer, recommendation or solicitation to buy, hold or sell any security. The specific securities identified and described, if any, do not represent all of the securities purchased or sold and you should not assume that investments in the securities identified and discussed will be profitable.
Hartford Balanced HLS Fund inception 03/31/1983
| | |
| (sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term total return. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Balanced IA | | | 1.22% | | | | 4.90% | | | | 12.42% | | | | 6.80% | |
Balanced IB | | | 1.09% | | | | 4.66% | | | | 12.14% | | | | 6.53% | |
Balanced HLS Fund Blended Index | | | 0.74% | | | | 5.14% | | | | 11.66% | | | | 6.62% | |
Bank of America Merrill Lynch 3-Month U.S. Treasury Bill Index | | | 0.01% | | | | 0.02% | | | | 0.08% | | | | 1.42% | |
Barclays Government/Credit Bond Index | | | -0.30% | | | | 1.69% | | | | 3.52% | | | | 4.38% | |
S&P 500 Index | | | 1.23% | | | | 7.42% | | | | 17.34% | | | | 7.89% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Balanced HLS Fund Blended Index is calculated by Hartford Funds Management Company, LLC and represents the weighted return of 60% S&P 500 Index, 35% Barclays Government/Credit Bond Index and 5% Bank of America Merrill Lynch 3-Month U.S. Treasury Bill Index.
Bank of America Merrill Lynch 3-Month U.S. Treasury Bill Index is an unmanaged index that tracks the performance of U.S. dollar denominated U.S. Treasury bills publicly issued in the U.S. domestic markets with maturities of 90 days or less that assumes reinvestment of all income.
Barclays Government/Credit Bond Index is an unmanaged, market-value-weighted index of all debt obligations of the U.S. Treasury and U.S. Government agencies (excluding mortgaged-backed securities) and of all publicly-issued fixed-rate, nonconvertible, investment grade domestic corporate debt.
S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
The indices are unmanaged, and their results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.65% and 0.90%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Balanced HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Karen H. Grimes, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
John C. Keogh
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
Michael E. Stack, CFA
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Balanced HLS Fund returned 1.22% for the six-month period ended June 30, 2015, outperforming the Fund’s blended benchmark, 60% S&P 500 Index, 35% Barclays Government/Credit Bond Index, and 5% Bank of America Merrill Lynch 3-Month U.S. Treasury Bill Index, which returned 0.74% for the same period. The S&P 500, Barclays Government/Credit Bond, and Bank of America Merrill Lynch 3-Month U.S. Treasury Bill indices returned 1.23%, -0.30% and 0.01%, respectively. The Fund also underperformed the 1.63% average return of the Lipper Mixed-Asset Target Allocation Growth Funds peer group, a group of funds that hold between 60%-80% in equity securities, with the remainder invested in bonds, cash, and cash equivalents.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the U.S. Federal Reserve (Fed). Within the S&P 500 Index, five of the ten sectors posted positive gains. Healthcare (+10%), Consumer Discretionary (+7%), and Telecommunication Services (+3%) posted the largest gains while Utilities (-11%), Energy (-5%), and Industrials (-3%) lagged the broader index.
Fixed income markets were volatile over the six-month period as investors grappled with a mixed global economic backdrop, accommodative monetary policies, and the increased risk of a Greek exit from the Eurozone. Meanwhile, oil prices stabilized in the second quarter, having rebounded from record lows at the start of the year. After declining in the first quarter, government bond yields moved sharply higher in the second quarter as economic outlooks brightened in the U.S. and the Eurozone. Global deflation fears eased, and the Fed appeared on track to raise rates later this year. Greece took center stage at the end of the period after debt negotiations broke down and the country defaulted on its payment to the International Monetary Fund, triggering a risk-off tone throughout global financial markets. Most global government bond yields were
up over the six-month period and yield curves generally steepened led by the long-end of the curve. Absolute returns across the major fixed income sectors were mixed, with some sectors posting negative absolute returns amid rising interest rates. Spreads in the higher beta credit sectors like high yield and bank loans tightened, while investment grade corporate spreads widened. The Barclays Government/Credit Bond Index returned -0.30% for the period.
The Fund has three primary levers to generate investment performance: equity investments, fixed income investments, and asset allocation among stocks, bonds, and cash. During the period, the equity portion of the Fund outperformed the S&P 500 Index and the fixed income portion of the Fund slightly outperformed the Barclays Government/Credit Bond Index. Asset allocation had neutral impact during the period. The Fund was generally overweight equities and underweight fixed income and cash relative to the Barclays Government/Credit Bond Index.
Equity outperformance versus the S&P 500 Index was driven primarily by security selection. Selection was strongest in Consumer staples, Financials, and Utilities; this was partially offset by negative selection in Healthcare and Consumer Discretionary. Sector allocation, which is a result of our bottom-up stock selection process, contributed to performance relative to the S&P 500 Index over the period. An overweight to Healthcare and an underweight to Utilities aided results, while an underweight to Consumer Discretionary detracted during the period.
Top contributors to relative performance in the equity portion of the Fund during the period were Kraft Foods (Consumer Staples), Procter & Gamble (Consumer Staples), and Analog Devices (Information Technology). Kraft Foods, a packaged food company, outperformed following the news that the company would merge with Heinz in a deal led by 3G Capital and Berkshire Hathaway.
Not owning benchmark constituent Procter & Gamble, a U.S.-based global leader focused on providing consumer packaged goods, contributed to benchmark-relative results. The company’s stock declined due to weakness attributable to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult.
|
| Hartford Balanced HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
Shares of Analog Devices, an analog semiconductor company focused on industrial, communications, and automotive end markets, rose after the company reported strong earnings that beat expectations on favorable revenue results from its industrial, auto, and consumer verticals. The Fund’s holdings in Apple (Information Technology) and Gilead Sciences (Healthcare) also contributed on an absolute basis.
Stocks that detracted the most from relative returns in the equity portion of the Fund during the period were Amazon.com (Consumer Discretionary), EMC (Information Technology), and Intel (Information Technology). Shares of Amazon.com, a U.S.-based global ecommerce company, rose after the company reported better-than-expected first-quarter results, particularly in Amazon Web Services (AMZ), the company’s cloud computing platform. Not owning benchmark constituent Amazon.com detracted from benchmark-relative results. Shares of EMC, the largest data storage provider in the U.S., fell due to concerns over potentially increasing competitive challenges. Shares of Intel, a U.S.-based designer and manufacturer of chips for PCs and servers with a growth strategy in mobile handsets, tablets, and the Internet of Things, fell as a result of a slowdown in demand for business desktop PCs, lower inventory levels in the PC supply chain, and negative macro and a strengthening U.S. Dollar negatively affecting exports in Europe. Union Pacific (Industrials) also detracted from absolute results during the period.
Outperformance of the fixed income portion of the Fund relative to the Barclays Government/Credit Bond Index during the period was driven by security selection in investment grade credit, particularly within Industrials. Out-of-benchmark allocations to Asset Backed Securities (ABS) and Commercial Mortgage Backed Securities (CMBS) also contributed to relative returns during the period. The Fund’s duration and yield curve positioning detracted from results relative to the Barclays Government/Credit Bond Index due to our overweight to 30-year portion of the curve, as long rates rose over the period.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
Looking forward to the second half of 2015, we perceive increased geopolitical uncertainty globally, with Greece and China being key recent examples. While we believe that conditions within the U.S. have been tracking positively, we remain diligent in applying our process to seek to find what we believe are quality companies with a combination of superior total return potential, stable dividends, and discounted valuations. We are monitoring developments and focusing on company specific catalysts as a basis for each position and believe our portfolio holdings are balanced and well-positioned to weather uncertainty in the markets. Healthcare and Industrials represented our largest sector overweight and underweight, respectively, in the equity portion of the Fund at the end of the period.
On the fixed income side we ended the period with a moderate bias towards economically sensitive securities, continuing to favor financial issuers within investment grade credit. Relative to the Barclays Government/Credit Bond Index, we continued to hold out-of-benchmark allocations to agency Mortgage Backed Security (MBS), CMBS, and ABS.
At the end of the period, the Fund’s equity exposure was at 64%, compared to 60% in the S&P 500 Index and at the upper end of the Fund’s 50-70% normal range.
Diversification by Security Type
as of June 30, 2015 (Unaudited)
| | | | |
| Category | | Percentage of
Net Assets | |
Equity Securities | | | | |
Common Stocks | | | 64.0 | % |
Preferred Stocks | | | 0.4 | |
| | | | |
Total | | | 64.4 | % |
| | | | |
Fixed Income Securities | | | | |
Asset & Commercial Mortgage Backed Securities | | | 1.6 | % |
Corporate Bonds | | | 14.2 | |
Foreign Government Obligations | | | 0.1 | |
Municipal Bonds | | | 1.2 | |
U.S. Government Agencies | | | 1.5 | |
U.S. Government Securities | | | 15.4 | |
| | | | |
Total | | | 34.0 | % |
| | | | |
Short-Term Investments | | | 1.8 | |
Other Assets & Liabilities | | | (0.2 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
Credit Exposure
as of June 30, 2015 (Unaudited)
| | | | |
| Credit Rating* | | Percentage of
Net Assets | |
Aaa / AAA | | | 18.0 | % |
Aa / AA | | | 3.3 | |
A | | | 7.1 | |
Baa / BBB | | | 5.1 | |
Not Rated | | | 0.5 | |
Non-Debt Securities and Other Short-Term Instruments | | | 66.2 | |
Other Assets & Liabilities | | | (0.2 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
| * | Credit exposure is the long-term credit ratings for the Fund’s holdings, as of the date noted, as provided by Standard and Poor’s (S&P) or Moody’s Investors Service (Moody’s) and typically range from AAA/Aaa (highest) to C/D (lowest). Presentation of S&P and Moody’s credit ratings in this report have been selected for informational purposes for shareholders, as well as the Fund’s consideration of industry practice. If Moody’s and S&P assign different ratings, the lower rating is used. Fixed income securities that are not rated by either agency are listed as “Not Rated.” Ratings do not apply to the Fund itself or to the Fund’s shares. Ratings may change. |
Hartford Capital Appreciation HLS Fund inception 04/02/1984
| | |
| (sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Capital Appreciation IA | | | 4.13% | | | | 5.85% | | | | 15.82% | | | | 9.11% | |
Capital Appreciation IB | | | 4.00% | | | | 5.59% | | | | 15.53% | | | | 8.84% | |
Capital Appreciation IC | | | 3.87% | | | | 5.33% | | | | 15.24% | | | | 8.57% | |
Russell 3000 Index | | | 1.94% | | | | 7.29% | | | | 17.54% | | | | 8.15% | |
S&P 500 Index | | | 1.23% | | | | 7.42% | | | | 17.34% | | | | 7.89% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Class IC shares commenced operations on April 30, 2014. Class IC shares performance prior to that date reflects Class IA shares performance adjusted to reflect the 12b-1 fee of 0.25% and the administrative services fee of 0.25% applicable to Class IC shares. The performance after such date reflects actual Class IC shares performance.
Russell 3000 Index is an unmanaged index that measures the performance of the 3,000 largest U.S. companies based on total market capitalization.
S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
The indices are unmanaged, and their results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA, Class IB and Class IC were 0.66%, 0.91% and 1.16%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Capital Appreciation HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Kent M. Stahl, CFA
Senior Managing Director, Director of Investments and Risk Management
Wellington Management Company LLP
Gregg R. Thomas, CFA
Senior Managing Director, Director of Risk Management
Wellington Management Company LLP
Saul J. Pannell, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Francis J. Boggan, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Nicolas M. Choumenkovitch
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Peter I. Higgins, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Donald J. Kilbride
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Philip W. Ruedi, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Stephen Mortimer
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
David W. Palmer, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Capital Appreciation HLS Fund returned 4.13% for the six-month period ended June 30, 2015, outperforming the Fund’s benchmarks, the Russell 3000 Index and the S&P 500 Index, which returned 1.94% and 1.23%, respectively, for the same period. The Fund also outperformed the 1.87% average return of the Lipper Multi-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index
finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings and valuation concerns weighed on investors’ minds. However, risk appetites increased after the
|
| Hartford Capital Appreciation HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed.
Returns varied noticeably by market-cap, as small- and mid-cap stocks outperformed large-cap stocks. Within the Russell 3000 Index, six of ten sectors posted positive gains. Healthcare (+12%), Consumer Discretionary (+6%), and Telecommunication Services (+4%) led the index higher while Utilities (-11%), Energy (-4%), and Industrials (-2%) lagged on a relative basis.
The Fund outperformed the Russell 3000 Index due to security selection and sector allocation. Security selection was strongest within the Financials, Consumer Staples, and Energy sectors. This was partially offset by weak selection within the Consumer Discretionary and Industrials sectors. Sector allocation, a result of our bottom-up security selection process, also contributed to performance relative to the Russell 3000 Index during the period. An overweight to the Healthcare sector and an underweight to the Utilities sector contributed to returns relative to the Russell 3000 Index, which was partially offset by an underweight to Telecommunication Services.
The top contributors to performance relative to the Russell 3000 Index during the period included Bristol-Myers (Healthcare), NXP Semiconductors (Information technology) and Activision Blizzard (Information technology). Shares of Bristol-Myers, a U.S.-based pharmaceutical company, rose during the period due to reports of promising clinical trial data for skin cancer drug Opdivo (nivolumab), along with a positive U.S. Food and Drug Administration (FDA) announcement, sending the stock price higher. Shares of NXP Semiconductors, a Netherlands-based semiconductor company, outperformed following the announcement of a synergistic merger with semiconductor company Freescale, which would make the combined company one of the largest firms in the industry. Shares of Activision Blizzard, a U.S.-based electronic entertainment company, outperformed after it beat earnings forecasts. Apple (Information technology) and Amazon.com (Consumer Discretionary) were among top absolute contributors during the period.
The largest detractors from returns relative to the Russell 3000 Index over the period were Micron Technology (Information technology), Hertz Global Holding (Industrials), and Applied Materials (Information
technology). Shares of Micron Technology, a semiconductor manufacturer specializing in NAND Flash, DRAM, and NOR Flash memory devices, fell amid investor concerns about demand and pricing in the PC market. Hertz Global Holding, a U.S.-based global car and equipment rental company, fell after the current year earnings consensus moved lower over the period. Shares of Applied Materials, a U.S.-based manufacturer of equipment and software for the semiconductor industry underperformed after the company announced the termination of its $9.4 billion acquisition of Tokyo Electron Ltd. after facing a regulatory obstruction. Intel (Information technology) was among top absolute detractors during the period.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
We believe that the U.S. is still on a self-sustaining path to recovery. We believe economic fundamentals continue to strengthen and the growth outlook remains positive. We believe that recent events in Greece along with an expected hike in rates by the Fed should not derail the positive momentum we have seen over the last several quarters. While we believe equity valuations remain stretched, we are not overly concerned at this point. We believe that potential continued improvement in economic fundamentals should support equity valuations.
As a result of our bottom-up investment process, at the end of the period the Fund was most overweight the Information technology, Healthcare, and Consumer Discretionary sectors relative to the Russell 3000 Index. The Fund was most underweight the Consumer Staples, Energy, and Utilities sectors at the end of the period relative to the Russell 3000 Index.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
| Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 16.5 | % |
Consumer Staples | | | 4.0 | |
Energy | | | 4.7 | |
Financials | | | 16.9 | |
Health Care | | | 19.0 | |
Industrials | | | 9.9 | |
Information Technology | | | 22.9 | |
Materials | | | 2.7 | |
Telecommunication Services | | | 0.6 | |
Utilities | | | 1.4 | |
| | | | |
Total | | | 98.6 | % |
| | | | |
Short-Term Investments | | | 1.7 | |
Other Assets & Liabilities | | | (0.3 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Disciplined Equity HLS Fund inception 05/29/1998
| | |
| (sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Disciplined Equity IA | | | 4.67% | | | | 13.68% | | | | 19.45% | | | | 8.53% | |
Disciplined Equity IB | | | 4.60% | | | | 13.43% | | | | 19.16% | | | | 8.26% | |
S&P 500 Index | | | 1.23% | | | | 7.42% | | | | 17.34% | | | | 7.89% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.75% and 1.00%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Disciplined Equity HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Mammen Chally, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Disciplined Equity HLS Fund returned 4.67% for the six-month period ended June 30, 2015, outperforming the Fund’s benchmark, the S&P 500 Index, which returned 1.23% for the same period. The Fund also outperformed the 1.00% average return of the Lipper Large-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult, and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition activity (M&A), a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed. Returns varied noticeably by market-cap, as small-cap stocks (+5%) and mid-cap stocks (+4%) outperformed large-cap stocks (+1%), as represented by the Russell 2000, S&P MidCap 400, and S&P 500 Indices respectively. During the six-month period, five of the ten sectors within the S&P 500 Index posted positive returns, led by Healthcare (+10%), Consumer Discretionary (+7%), and Telecommunication Services (+3%).
The Fund outperformed the S&P 500 Index during the period primarily due to strong security selection. Strong selection within
Consumer Staples, Healthcare, and Industrials more than offset weaker selection within Consumer Discretionary. Sector allocation, which is a fallout of our bottom-up stock selection process, also contributed to relative returns during the period. An overweight allocation to the Healthcare sector and an underweight allocation to the Energy sector more than offset the negative impact from an overweight to the Utilities sector.
The largest contributors to performance relative to the S&P 500 Index over the period were Aetna (Healthcare), Omnicare (Healthcare), and Coty (Consumer Staples). Shares of Aetna, a U.S.-based diversified health care company, rose during the period amid speculation that Aetna would acquire Humana. Earlier speculation that United Healthcare would acquire Aetna also positively affected the stock price, but that proved to be untrue. Shares of Omnicare, a U.S.-based healthcare services company offering long term and specialty care services, rose during the period after it was announced the company was going to be acquired by CVS. Shares of Coty, a U.S.-based cosmetics and personal care company, rose during the period on news that it reached an agreement with Proctor & Gamble (PG) to acquire PG’s fragrance, color cosmetics, and hair products business, a move viewed favorably by the market. Owning Eli Lily (Healthcare), a U.S.-based drug manufacturing business, also contributed to absolute returns during the period.
The largest detractors from performance relative to the S&P 500 Index over the period were Ralph Lauren (Consumer Discretionary), Amazon.com (Consumer Discretionary), and PVH (Consumer Discretionary). Shares of Ralph Lauren, a U.S.-based producer of apparel, accessories, fragrances, and home furnishings, fell during the period after the company lowered its fiscal-year 2015 revenues guidance. Shares of Amazon.com, a U.S.-based global ecommerce company, rose during the period, due largely to better-than-expected first-quarter results, particularly in Amazon Web Services, the company’s cloud computing program. Not owning the strong performing benchmark constituent detracted from relative returns during the period. Shares of PVH, a U.S.-based global apparel company, underperformed during the period due to worries about foreign currency translation amid the strong U.S. dollar. The company generates approximately 45% of revenue and 55% of profits outside of the U.S. so the strength of the dollar weighed on performance. Chevron (Energy), a U.S.-based integrated oil and gas company, also detracted on an absolute basis.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
|
| Hartford Disciplined Equity HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
What is the outlook?
We believe we are still in a period of moderate global economic growth and the U.S. expansion is increasingly driven by domestic factors. Consumption and housing are two key growth drivers of the U.S. economy. Real disposable income is growing around 4%, allowing a 3% consumption increase, even giving households some additional room to repair their balance sheets. The housing recovery is helped by demographic factors. We believe household formation is picking up, with the younger cohorts seeing some of the strongest employment gains. On the investment side, the decline in oil rigs appears to be nearing its end, reducing a drag on the economy in the earlier part of the year.
The second quarter of 2015 should mark the bottom of inflation, which appears to be a prerequisite for the Fed to start the rate normalization process later this year. There is now mounting evidence that wages are responding to an improving labor market, which may give the Fed the confidence that the U.S. economy is now on a sustainable expansion path. We believe the Fed will naturally remain sensitive to the financial and economic ramifications of the Greece crisis.
Overall, we continue to find what we consider to be attractively valued stocks with the characteristics we seek. We are cautiously optimistic about the outlook for the U.S. economy and for equity markets, and we continue to monitor policy decisions and economic trends which may impact our holdings. We remain consistent in adhering to our disciplined portfolio construction process that allows us to assess risk, weight individual positions accordingly, and in the process build a portfolio where stock selection is designed to be the primary driver of performance relative to the S&P 500 Index. Based on individual stock decisions, the Fund ended the period most overweight the Healthcare, Consumer Staples, and Utilities sectors, and most underweight Financials, Energy, and Telecommunication Services relative to the S&P 500 Index.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
| Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 12.9 | % |
Consumer Staples | | | 13.7 | |
Energy | | | 4.7 | |
Financials | | | 11.4 | |
Health Care | | | 21.5 | |
Industrials | | | 8.2 | |
Information Technology | | | 18.9 | |
Materials | | | 3.4 | |
Utilities | | | 4.1 | |
| | | | |
Total | | | 98.8 | % |
| | | | |
Short-Term Investments | | | 1.2 | |
Other Assets & Liabilities | | | 0.0 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Dividend and Growth HLS Fund inception 03/09/1994
| | |
| (sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks a high level of current income consistent with growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Dividend and Growth IA | | | -0.04% | | | | 4.42% | | | | 15.92% | | | | 8.56% | |
Dividend and Growth IB | | | -0.15% | | | | 4.18% | | | | 15.63% | | | | 8.29% | |
Russell 1000 Value Index | | | -0.61% | | | | 4.13% | | | | 16.50% | | | | 7.05% | |
S&P 500 Index | | | 1.23% | | | | 7.42% | | | | 17.34% | | | | 7.89% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Russell 1000 Value Index is an unmanaged index that measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies, based on total market capitalizations.
S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
The indices are unmanaged, and their results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.67% and 0.92%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Dividend and Growth HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Edward P. Bousa, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
Donald J. Kilbride
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
Matthew G. Baker
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Dividend and Growth HLS Fund returned -0.04% for the six-month period ended June 30, 2015, underperforming the Fund’s benchmark, the S&P 500 Index, which returned 1.23% for the same period. The Fund outperformed the Russell 1000 Value Index, which returned -0.61% for the same period. The Fund also outperformed the -0.49% average return of the Lipper Equity Income Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult, and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed. Returns varied noticeably by market-cap, as small-cap stocks (+5%) and mid-cap stocks (+4%) outperformed large-cap stocks
(+1%), as represented by the Russell 2000, the S&P MidCap 400, and the S&P 500, indices respectively. During the six-month period five of the ten sectors within the S&P 500 Index posted positive returns, led by Healthcare (+10%), Consumer Discretionary (+7%), and Telecommunication Services (+3%).
Security selection was the primary detractor from returns relative to the S&P 500 Index during the period. Weak selection within Healthcare, Consumer Discretionary, and Energy was only partially offset by strong selection within Financials and Industrials. Sector allocation, a result of our bottom up stock selection process, also detracted from relative returns during the period. An underweight to the Consumer Discretionary sector and an overweight to the Industrials sector offset the positive impact of an overweight to the Healthcare sector and an underweight to the Consumer Staples sector.
The Fund’s top detractors from returns relative to the S&P 500 Index were Amazon.com (Consumer Discretionary), Apple (Information Technology), and ACE (Financials). Shares of Amazon.com, a U.S.-based global ecommerce company, rose during the period, due largely to better-than-expected first-quarter results, particularly in Amazon Web Services, the company’s cloud computing program. Not owning the strong performing benchmark constituent detracted from relative returns during the period. Shares of Apple, a U.S.-based designer and manufacturer of consumer electronics, software, and computers, rose during the period after the company reported record numbers due to better than expected revenue and an increase in gross margins. Our underweight position in the strong performing S&P 500 Index constituent detracted from relative returns. Shares of ACE, a U.S.-based global insurance and reinsurance organization, fell during the period after reporting weak first quarter earnings. The company reported weaker than expected earnings per share due to the impact of a strong U.S. dollar. Intel (Information Technology) and Chevron (Energy) also detracted from absolute returns.
The Fund’s top contributors to performance relative to the S&P 500 Index during the period were Eli Lily (Healthcare), Celanese (Materials), and Equifax (Industrials). Shares of Eli Lily, a U.S.-based company engaged in the drug manufacturing business, rose during
|
| Hartford Dividend and Growth HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
the period as investors anticipated the company would announce positive long-term data on its Alzheimer’s drug. Shares of Celanese, a U.S.-based integrated producer of chemicals and advanced materials, rose during the period as the company reported better than expected earnings and raised guidance, citing improved productivity and lower costs. Shares of Equifax, a U.S.-based provider of information solutions and human resources business process outsourcing services, rose during the period after the company announced second quarter earnings estimates which were around analysts’ expectations. Investors viewed this news favorably and the stock rose as a result. Apple (Information Technology) and UnitedHealth Group (Healthcare) were among the top contributors to absolute performance.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
We believe we are well positioned for what we view as a tepid economic environment and we believe that we have a solid portfolio comprised of firms with strong management teams, good balance sheets, and a commitment to returning cash to shareholders via dividends and share repurchases. We continue to search for investment ideas that fit with our process and philosophy. We remain focused on the significance of dividends, positive capital stewardship, and franchise value. We believe we have a solid portfolio of undervalued market leaders, stocks in industries with improving supply/demand trends, and solid companies that are temporarily out of favor. At the end of the period, our largest overweights were to the Financials and Industrials sectors, while we remained underweight the Consumer Discretionary and Information Technology sectors, relative to the S&P 500 Index.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
| Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 6.6 | % |
Consumer Staples | | | 7.6 | |
Energy | | | 9.3 | |
Financials | | | 22.2 | |
Health Care | | | 16.4 | |
Industrials | | | 13.5 | |
Information Technology | | | 15.5 | |
Materials | | | 1.7 | |
Telecommunication Services | | | 2.5 | |
Utilities | | | 3.5 | |
| | | | |
Total | | | 98.8 | % |
| | | | |
Short-Term Investments | | | 0.9 | |
Other Assets & Liabilities | | | 0.3 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Global Growth HLS Fund inception 09/30/1998
| | |
| (sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Global Growth IA | | | 7.25% | | | | 9.01% | | | | 16.62% | | | | 6.77% | |
Global Growth IB | | | 7.09% | | | | 8.74% | | | | 16.33% | | | | 6.50% | |
MSCI World Growth Index | | | 5.21% | | | | 6.19% | | | | 14.83% | | | | 7.78% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
MSCI World Growth Index is a broad-based unmanaged market capitalization-weighted total return index which measures the performance of growth securities in 23 developed-country global equity markets including the United States, Canada, Europe, Australia, New Zealand and the Far East.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.81% and 1.06%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Global Growth HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
John A. Boselli, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
Matthew D. Hudson, CFA
Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Global Growth HLS Fund returned 7.25% for the six-month period ended June 30, 2015, outperforming its benchmark, the MSCI World Growth Index, which returned 5.21% for the same period. The Fund also outperformed the 4.80% average return of the Lipper Global Large-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
The rally in stocks marched on as global equities rose for the overall period as measured by the MSCI World Index. However, there was no shortage of headlines for investors to fret over: Europe’s economy remained near stall speed, oil prices plunged, Chinese manufacturing data disappointed, and Greece’s future in the European Union is being questioned again. Despite the negative headlines, Europe was a bright spot during the beginning of the period due to further accommodative monetary policy and encouraging economic data, including positive trends in manufacturing, exports, and economic sentiment. The Bank of Japan expanded its quantitative easing policy, the People’s Bank of China surprised markets with further rate cuts, and the European Central Bank announced a €1.14 trillion open-ended sovereign quantitative easing program to combat record-low inflation and stimulate growth in Europe. Global equities fell modestly at the end of the period, declining for the first quarter in the past twelve quarters. In June, the Greek debt crisis took center stage. Negotiations between Greece and its creditors broke down and Greece missed its scheduled payment due to the International Monetary Fund on June 30th. Despite the Greek default and fears of contagion to the European peripheral countries as well as a significant sell off in the Chinese equity market in June, global economic data remained constructive with continued signs of a gradual recovery in the U.S. and Europe. A continued boom in corporate takeovers also fueled bullish sentiment. Global merger and acquisition activity remained robust, with 2015 on pace to be the second-highest year of deal volume, trailing only 2007. During the period, U.S. equities underperformed non-U.S. equities and emerging market equities underperformed their developed market counterparts.
For the semi-annual period, growth stocks (+5.2%) outperformed value stocks (+0.7%) as measured by the MSCI World Growth Index and the MSCI World Value Index, respectively. Within the MSCI World Growth Index, nine of ten sectors posted positive returns. Healthcare (+12%), Consumer Discretionary (+8%), and
Telecommunications Services (+6%) gained the most, while the Energy (-2%), Industrials (-1%), and Materials (-2%) sectors lagged the most on a relative basis.
The Fund’s outperformance versus the MSCI World Growth Index was driven primarily by security selection, which contributed positively to relative results within all but two sectors; selection within Consumer Staples and Financials was especially strong, more than offsetting weak selection within Energy and Utilities. Sector allocation also contributed to relative results over the period. Underweights to Industrials, Energy, and Materials offset overweights to Financials and Information Technology as well as an underweight to Consumer Discretionary which detracted from performance.
Top contributors to relative performance included Aetna (Healthcare), Largan Precision (Information Technology), and Pandora (Consumer Discretionary). Shares of Aetna, a U.S.-based diversified health care benefits company, rose amid robust mergers and acquisitions activity in the health care industry as speculation abounded that Aetna would acquire Humana, sending Aetna’s stock price higher. Aetna also benefited from earlier rumors that United Healthcare would acquire the company, although those rumors proved to be untrue. Shares of Taiwan-based Largan Precision, a manufacturer of camera lenses for smartphones, outperformed as the company continued to benefit from demand for complex lenses in camera phones. Shares of Denmark-based jewelry maker Pandora rose over the period. Pandora’s products, particularly bracelets and charms, benefited from repeat customer purchases. The company also experienced high organic revenue growth, which was driven by product expansion and store growth, particularly in underpenetrated regions. Top absolute contributors included shares of Apple (Information Technology) and Novo Nordisk (Healthcare).
The top detractors from the Fund’s relative performance were Baidu (Information Technology), Stratasys (Information Technology), and Alibaba (Information Technology). Baidu, a Chinese-language Internet search provider, underperformed due to lower than expected earnings and continued concern around its ability to crystalize margin expansion. Stratasys, a fast growing 3D printing company, accelerated its investments and pushed out its earnings model by a few years, dampening the stock price. Shares of Alibaba, a Chinese e-commerce company, declined due to the concern of more stock becoming ‘unlocked’ after the company’s initial public offering. Top absolute detractors also included American Express (Financials).
|
| Hartford Global Growth HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
While global equity performance finished relatively flat in the second quarter of 2015, underneath the seemingly benign performance was volatility intra quarter as well as dispersion of returns among regions. We expect volatility to continue and that it will not be isolated to any one region. The portfolio ended the period with an overweight in its exposure to the U.S., which continues to generate the strongest growth globally. We are cognizant of potential contagion risks as the Chinese economy was already slowing and we believe this could have further negative impacts both within China and the rest of the world. We are closely monitoring developments in Europe and whether or not Greece will remain in the European Union, which may add to fears of contagion risk. While the world at large continues to experience variability, we believe that in periods without large macro dislocations, fundamental stock picking can be recognized.
Our focus remains on stock selection that is driven by bottom-up, fundamental research, diligent meetings with the managements of high quality, leading companies globally, and leveraging the deep research capabilities of our firm. At the end of the period, our largest sector overweights continued to be to the Information Technology and Financials while we were most underweight Industrials, Consumer Discretionary, and Materials, relative to the MSCI World Growth Index.
Diversification by Country
as of June 30, 2015 (Unaudited)
| | | | |
| Country | | Percentage of
Net Assets | |
Belgium | | | 1.6 | % |
British Virgin Islands | | | 0.0 | |
China | | | 3.9 | |
Denmark | | | 1.9 | |
France | | | 1.5 | |
Germany | | | 2.3 | |
Hong Kong | | | 1.0 | |
India | | | 0.5 | |
Ireland | | | 1.0 | |
Israel | | | 1.3 | |
Italy | | | 0.5 | |
Japan | | | 5.0 | |
Netherlands | | | 0.8 | |
Spain | | | 0.5 | |
Sweden | | | 0.7 | |
Switzerland | | | 5.6 | |
Taiwan | | | 1.4 | |
United Kingdom | | | 6.7 | |
United States | | | 62.8 | |
Short-Term Investments | | | 1.0 | |
Other Assets & Liabilities | | | 0.0 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
Hartford Growth Opportunities HLS Fund inception 03/24/1987
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks capital appreciation. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Growth Opportunities IA | | | 10.70% | | | | 18.23% | | | | 20.58% | | | | 10.60% | |
Growth Opportunities IB | | | 10.57% | | | | 17.94% | | | | 20.27% | | | | 10.33% | |
Growth Opportunities IC | | | 10.43% | | | | 17.66% | | | | 19.98% | | | | 10.06% | |
Russell 1000 Growth Index | | | 3.96% | | | | 10.56% | | | | 18.59% | | | | 9.10% | |
Russell 3000 Growth Index | | | 4.33% | | | | 10.69% | | | | 18.64% | | | | 9.17% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Class IC shares commenced operations on April 30, 2014. Class IC shares performance prior to that date reflects Class IA shares performance adjusted to reflect the 12b-1 fee of 0.25% and the administrative services fee of 0.25% applicable to Class IC shares. The performance after such date reflects actual Class IC shares performance.
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.
The indices are unmanaged, and their results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA, Class IB and Class IC were 0.64%, 0.89% and 1.14%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Growth Opportunities HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Michael T. Carmen, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
Mario E. Abularach, CFA
Senior Managing Director and Equity Research Analyst
Wellington Management Company LLP
Stephen Mortimer
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Growth Opportunities HLS Fund returned 10.70% for the six-month period ended June 30, 2015, outperforming the Fund’s benchmarks, the Russell 3000 Growth Index and the Russell 1000 Growth Index, which returned 4.33% and 3.96%, respectively, for the same period. The Fund also outperformed the 4.70% average return of the Lipper Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult, and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed. Returns varied noticeably by market-cap, as small- and mid-cap stocks outperformed large-cap stocks.
Seven out of ten sectors in the Russell 3000 Growth Index rose during the period. The Healthcare (+12%), Consumer Discretionary (+8%), and Information Technology (+5%) sectors gained the most while Utilities (-10%) and Industrials (-4%) lagged on a relative basis.
Security selection was the main driver of outperformance relative to the Russell 3000 Growth Index during the period. Security selection was strongest in the Consumer Discretionary, Information Technology, and Industrials sectors. Sector allocation, a result of the bottom-up stock selection process, also contributed meaningfully to performance relative to the Russell 3000 Growth Index over the period, largely due to an overweight in Healthcare and underweight in Consumer Staples, which was only partially offset by the negative impact of an overweight to Financials.
The top contributors to performance relative to the Russell 3000 Growth Index during the period were Nomad Foods (Consumer Staples), Netflix (Consumer Discretionary), and Amazon.com (Consumer Discretionary). Shares of Nomad Foods, a UK-based special purpose acquisition company, recently completed a reverse merger of Iglo, a European frozen food company. The stock price increased once investors realized that the acquisition would generate considerable incremental earnings and free cash flow. We believe the global frozen food industry is in the early stages of consolidation, providing ample investing opportunities for the company to add value. Within the Consumer Discretionary sector, Netflix was the top contributor to relative returns over the period. The subscription-based internet streaming company had a brief period of earnings weakness that caused a bearish sentiment among investors towards the end of 2014. Relative performance has since recovered, primarily driven by a strong quarter of earnings both domestically and abroad. Shares of Amazon.com, a U.S.-based global ecommerce company, outperformed as investors reacted favorably to strong profitability and improved gross margins, sending the shares higher over the period. Apple (Information Technology) and Bristol-Myers Squibb (Healthcare) were also among other top absolute contributors to performance.
The top detractors from performance relative to the Russell 3000 Growth Index during the period included Alibaba (Information
|
| Hartford Growth Opportunities HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
Technology), GoPro (Consumer Discretionary) and Gilead Sciences (Healthcare). Shares of Alibaba, a China-based internet company that facilitates the vast majority of ecommerce in China, decreased amidst a controversy between the company and the Chinese government. Shares of GoPro, a U.S.-based company that produces mountable and wearable cameras and accessories, declined due to stretched valuations, conservative guidance, and concerns over the expiration of the stock’s lock up period. Shares of Gilead Sciences, a research-based biopharmaceutical company that discovers, develops and commercializes innovative medicines outperformed on better-than-expected first-quarter results, highlighted by strong sales of hepatitis C drugs Sovaldi and Harvoni. Not owning this benchmark constituent detracted from returns relative to the Russell 3000 Growth Index over the period. 21st Century Fox (Consumer Discretionary) and Workday (Information Technology) were among other top detractors relative to the Russell 3000 Growth Index.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is your outlook?
We believe the portfolio is well positioned for what we view as future growth in 2015 and we believe that high quality growth companies within industries displaying positive secular growth trends will continue to be rewarded. We think the global macro environment’s impact on the U.S. economy, relatively high valuation levels, and the potential for rising domestic interest rates are all obstacles to be aware of and we will be monitoring the situation closely. While we cannot predict market outcomes, we can continue to seek to identify companies that we believe are attractively valued with accelerating revenues that we believe will add value to the portfolio in the long run.
At the end of the period, the Fund was most overweight the Information Technology and Healthcare sectors and most underweight the Consumer Staples and Materials sectors relative to the Russell 3000 Growth Index.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
| Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 19.1 | % |
Consumer Staples | | | 4.7 | |
Financials | | | 6.6 | |
Health Care | | | 23.2 | |
Industrials | | | 11.1 | |
Information Technology | | | 33.9 | |
Materials | | | 1.2 | |
| | | | |
Total | | | 99.8 | % |
| | | | |
Short-Term Investments | | | 1.3 | |
Other Assets & Liabilities | | | (1.1 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Healthcare HLS Fund inception 05/01/2000
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term capital appreciation. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Healthcare IA | | | 15.39% | | | | 30.71% | | | | 27.27% | | | | 14.41% | |
Healthcare IB | | | 15.26% | | | | 30.36% | | | | 26.95% | | | | 14.12% | |
S&P 500 Index | | | 1.23% | | | | 7.42% | | | | 17.34% | | | | 7.89% | |
S&P North American Health Care Sector Index | | | 11.99% | | | | 27.73% | | | | 25.22% | | | | 12.49% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
S&P North American Health Care Sector Index is a modified capitalization-weighted index based on United States headquartered health care companies. Stocks in the index are weighted such that each stock is no more than 7.5% of the market capitalization as of the most recent reconstitution date. The companies included in the index must be common stocks and be traded on the NYSE MKT LLC, Nasdaq or the New York Stock Exchange and meet certain established market capitalization levels.
The indices are unmanaged, and their results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.88% and 1.13%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Healthcare HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Jean M. Hynes, CFA
Senior Managing Director and Global Industry Analyst
Wellington Management Company LLP
Ann C. Gallo
Senior Managing Director and Global Industry Analyst
Wellington Management Company LLP
Kirk J. Mayer, CFA
Senior Managing Director and Global Industry Analyst
Wellington Management Company LLP
Robert L. Deresiewicz
Senior Managing Director and Global Industry Analyst
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Healthcare HLS Fund returned 15.39% for the six-month period ended June 30, 2015, outperforming the Fund’s benchmark, the S&P North American Health Care Sector Index, which returned 11.99% for the same period. The Fund outperformed the S&P 500 Index, which returned 1.23% for the same period. The Fund also outperformed the 13.95% average return of the Lipper Global 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?
Health care stocks (+12%) outperformed both the broader U.S. market (+1%) and the global equity market (+3%) during the period, as measured by the S&P North American Health Care Sector Index, S&P 500 Index, and the MSCI World Index, respectively. Within the S&P North American Health Care Sector Index, small-cap biopharma returned +11%, mid-cap biopharma returned +22%, and large-cap biopharma returned +10%, while medical technology returned +7% and health services returned +18%.
The Fund outperformed the S&P North American Health Care Sector Index over the period due to a combination of strong stock selection and beneficial sector allocation. Security selection contributed to relative returns due to positive stock selection across all sub-sectors. An overweight allocation to mid-cap biopharma names as well as an underweight to large-cap biopharma names contributed to relative performance, which was partially offset by an overweight to medical technology. A modest cash position in an upward trending market environment detracted from relative results during the period.
Johnson & Johnson (biopharma large-cap), Anacor Pharmaceuticals (biopharma mid-cap), and Galapagos (biopharma small-cap) contributed most to results relative to the S&P North American Health Care Sector Index over the period. Shares of Johnson & Johnson, a U.S.-based multinational medical devices, pharmaceutical and consumer packaged goods manufacturer, underperformed after the
company lowered earnings guidance for 2015, reflecting further foreign exchange headwinds, dampening the stock price. Being significantly underweight to this benchmark component contributed to results relative to the S&P North American Health Care Sector Index. Shares of Anacor Pharmaceuticals, a U.S.-based biopharmaceutical company focused on discovering, developing and commercializing small-molecule therapeutics, rose in response to the recently approved (2014) topical treatment for nail fungus. Shares of Galapagos, a Belgium-based biotechnology company, rose as excitement builds for several candidates in their drug pipeline, which include treatments for rheumatoid arthritis and cystic fibrosis. Top contributors to absolute performance during the period also included Gilead Sciences (specialty pharmaceuticals) and Aetna (health care equipment & services).
Valeant (biopharma large-cap), Aerie Pharmaceutical (biopharma small-cap), and TriVascular (health care equipment & services) were the top detractors from performance relative to the S&P North American Health Care Sector Index. Shares of Valeant, a specialty pharmaceutical and medical device company, rose during the period after it was reported that the company was in talks to carry out a potential acquisition of Zoetis. Not owning the strong performing S&P North American Health Care Sector Index constituent weighed on relative returns. Shares of Aerie Pharmaceutical, a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of therapies for the treatment of patients with glaucoma, fell after the company released disappointing efficacy results from a phase 3 trial for a glaucoma treatment. Shares of TriVascular, a medical device company that develops and commercializes technologies to advance minimally invasive treatment of abdominal aortic aneurysms, fell after the management team lowered earnings guidance due to slower than expected U.S. volume growth. Top detractors from absolute performance during the period also included Achillion (biopharma small-cap) and AthenaHealth (biopharma large-cap).
|
| Hartford Healthcare HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
We remain optimistic about the Healthcare sector overall. We believe that biomedical innovation is as robust as it has ever been and should fuel a decade or more of strong earnings growth for the most successful biopharmaceutical companies. Evolving structures of healthcare markets globally may create clear performance separation between the best and the worst health care services companies. We believe that our approach of evaluating secular themes across a long time horizon will enable us to capitalize on these trends. As is our practice, we will aim to trim stocks on strength and to add on weakness in order to seek to generate favorable returns while minimizing risk.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
| Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Staples | | | 2.9 | % |
Health Care | | | 94.5 | |
Information Technology | | | 0.5 | |
| | | | |
Total | | | 97.9 | % |
| | | | |
Short-Term Investments | | | 2.4 | |
Other Assets & Liabilities | | | (0.3 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford High Yield HLS Fund inception 09/30/1998
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks to provide high current income, and long-term total return. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
High Yield IA | | | 2.37% | | | | -0.47% | | | | 8.16% | | | | 7.36% | |
High Yield IB | | | 2.28% | | | | -0.67% | | | | 7.90% | | | | 7.09% | |
Barclays U.S. Corporate High Yield Bond Index | | | 2.53% | | | | -0.40% | | | | 8.61% | | | | 7.89% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Performance information includes performance under the Fund’s previous sub-adviser, Hartford Investment Management Company. As of March 5, 2012, Hartford Investment Management Company no longer served as the sub-adviser to the Fund.
Barclays U.S. Corporate High Yield Bond Index is an unmanaged broad-based market-value-weighted index that tracks the total return performance of non-investment grade, fixed-rate, publicly placed, dollar denominated and nonconvertible debt registered with the Securities and Exchange Commission.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.75% and 1.00%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford High Yield HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Christopher A. Jones, CFA
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
David Marshak
Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford High Yield HLS Fund returned 2.37% for the six-month period ended June 30, 2015, underperforming its benchmark, the Barclays U.S. Corporate High Yield Bond Index, which returned 2.53% for the same period. The Fund outperformed the 2.29% average return of the Lipper High Yield Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
Fixed income markets were volatile over the six-month period as investors grappled with a mixed global economic backdrop, accommodative monetary policies, and the increased risk of a Greek exit from the Eurozone. Meanwhile, oil prices stabilized in the second quarter, having rebounded from record lows at the start of the year.
Many central banks eased monetary policy during the period with some resorting to radical measures to counter falling inflation and stimulate growth. The European Central Bank (ECB) launched an open-ended government bond-buying program, which prompted other central banks to act to stop their currencies from appreciating. In China, the central bank entered into an aggressive monetary easing cycle to counter deflationary risks and slowing growth. Sub-trend growth and low inflation kept the Bank of England on the sidelines while the U.S. Federal Reserve (Fed) charted a course for the end of quantitative easing.
Growth in the major developed markets stabilized while emerging markets growth continued to languish driven by a slowdown in Asia. Data in the Eurozone improved and broadened out across countries; though the Greek debt crisis has muddied the outlook. First quarter gross domestic product (GDP) in China slowed to its weakest level since the global financial crisis. Meanwhile, U.S. economic activity picked up after a weak first quarter; consumer fundamentals improved, the housing market gained some momentum, and labor market trends remained favorable. However, the manufacturing sector continued to face some challenges from a strong dollar and lower oil prices.
After declining in the first quarter, government bond yields moved sharply higher in the second quarter as economic outlooks brightened in the U.S. and the Eurozone, global deflation fears eased, and the Fed appeared on track to raise rates later this year. Greece took center stage at the end of the period after debt
negotiations broke down and the country defaulted on its payment to the International Monetary Fund (IMF), triggering a risk-off tone throughout global financial markets.
Most global government bond yields were up over the six-month period and yield curves generally steepened led by the long-end of the curve. Absolute returns across the major fixed income sectors were mixed, with some sectors posting negative absolute returns amid rising interest rates. Spreads in the high yield and bank loan sectors tightened, while investment grade corporate spreads widened.
The Barclays U.S. Corporate High Yield Bond Index returned 2.53% for the six-month period ended June 30, 2015 and underperformed duration equivalent treasuries by 1.79%. The Option-Adjusted Spread, the spread that incorporates options embedded in the securities of the Barclays U.S. Corporate High Yield Bond Index, was 4.76% on June 30, 2015, a decrease of 0.07% from December 31, 2014.
The Fund underperformed the Barclays U.S. Corporate High Yield Bond Index primarily as a result of sector allocation, in part due to an underweight allocation to Energy as oil prices rose during the period. Historically, energy companies have been voracious users of capital and we are concerned about the risks of financing uncertain oil exploration projects with debt. On the other hand being overweight the Environmental and underweight the Wireline sectors contributed to benchmark-relative returns. We have been underweight Wirelines for some time because we believe the sector is in secular decline, losing share to Cable. Furthermore, we believe potential mergers and acquisition (M&A) activity in the space would likely come at the expense of debt holders.
In aggregate, security selection contributed to benchmark-relative results during the period, with strongest selection coming from Pharmaceuticals, Financial Services, and Chemicals. Within Pharmaceuticals, we were overweight Salix Pharmaceuticals, which contributed strongly to relative performance when it was acquired by Valeant in a transaction that was favorable for bondholders. This was partially offset by our negative stock selection within Metals and Mining where the decline in commodity prices negatively impacted holdings like iron ore producer Fortescue and steel producer AK Steel, as well as Media Entertainment sectors.
|
| Hartford High Yield HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
Our underweight to BB-rated bonds, which underperformed their lower-rated counterparts contributed to performance relative to the Lipper High Yield Funds peer group during the period.
A modest cash position contributed to returns relative to the Barclays U.S. Corporate High Yield Bond Index during the period.
Our credit default swap positions on the CDX index, which are used to tactically adjust our exposure to the market, had minimal impact to performance relative to the Barclays U.S. Corporate High Yield Bond Index during the period.
What is the outlook?
We remain constructive on high yield, based on what we believe to be reasonable valuations, favorable company fundamentals, and a relatively benign default outlook. In our view, financial conditions remain broadly supportive of high yield spreads. While looser financial conditions resulted in elevated shareholder-friendly activity including M&A, we do not believe this is likely to affect high-yield default rates in the near to medium term. We expect the default rate to remain low overall; however, should low oil prices persist, we would expect default rates to pick up within the independent energy and oil-field-services subsectors, given their revenues are more directly tied to oil prices. Over the course of 2015, we expect that the global low-interest-rate environment will support continued demand for high-yield assets from investors seeking additional income.
Diversification by Security Type
as of June 30, 2015 (Unaudited)
| | | | |
Category | | Percentage of
Net Assets | |
Equity Securities | | | | |
Common Stocks | | | 0.2 | % |
Preferred Stocks | | | 1.1 | |
| | | | |
Total | | | 1.3 | % |
| | | | |
Fixed Income Securities | | | | |
Asset & Commercial Mortgage Backed Securities | | | 0.0 | % |
Convertible Bonds | | | 0.5 | |
Corporate Bonds | | | 92.7 | |
Senior Floating Rate Interests | | | 3.1 | |
| | | | |
Total | | | 96.3 | % |
| | | | |
Short-Term Investments | | | 1.5 | |
Other Assets & Liabilities | | | 0.9 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
Credit Exposure
as of June 30, 2015 (Unaudited)
| | | | |
Credit Rating* | | Percentage of
Net Assets | |
Baa/BBB | | | 1.8 | % |
Ba/BB | | | 35.7 | |
B | | | 46.0 | |
Caa/CCC or Lower | | | 10.5 | |
Not Rated | | | 2.3 | |
Non-Debt Securities and Other Short-Term Instruments | | | 2.8 | |
Other Assets & Liabilities | | | 0.9 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
| * | Credit exposure is the long-term credit ratings for the Fund’s holdings, as of the date noted, as provided by Standard and Poor’s (S&P) or Moody’s Investors Service (Moody’s) and typically range from AAA/Aaa (highest) to C/D (lowest). Presentation of S&P and Moody’s credit ratings in this report have been selected for informational purposes for shareholders, as well as the Fund’s consideration of industry practice. If Moody’s and S&P assign different ratings, the lower rating is used. Fixed income securities that are not rated by either agency are listed as “Not Rated.” Ratings do not apply to the Fund itself or to the Fund’s shares. Ratings may change. |
Hartford International Opportunities HLS Fund inception 07/02/1990
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
International Opportunities IA | | | 6.94% | | | | -0.52% | | | | 10.69% | | | | 7.62% | |
International Opportunities IB | | | 6.79% | | | | -0.83% | | | | 10.41% | | | | 7.35% | |
MSCI All Country World ex USA Index | | | 4.35% | | | | -4.85% | | | | 8.23% | | | | 6.01% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
MSCI All Country World ex USA Index is a broad-based, unmanaged, market capitalization weighted, total return index that measures the performance of both developed and emerging stock markets, excluding the U.S. The index is calculated to exclude companies and share classes which cannot be freely purchased by foreigners.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.73% and 0.98%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford International Opportunities HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Nicolas M. Choumenkovitch
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
Tara Connolly Stilwell, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford International Opportunities HLS Fund returned 6.94% for the six-month period ended June 30, 2015, outperforming the Fund’s benchmark, the MSCI All Country World ex USA Index (“MSCI AC World ex USA Index”), which returned 4.35% for the same period. The Fund also outperformed the 6.36% average return of the Lipper International Multi-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
The rally in stocks marched on as international equities rose for the overall period as measured by the MSCI AC World ex USA Index. However, there was no shortage of headlines for investors to fret over: Europe’s economy remained near stall speed, oil prices plunged, Chinese manufacturing data disappointed, and Greece’s future in the European Union is being questioned again. Despite the negative headlines, Europe was a bright spot during the beginning of the period due to further accommodative monetary policy and encouraging economic data, including positive trends in manufacturing, exports, and economic sentiment. The Bank of Japan expanded its quantitative easing policy, the People’s Bank of China surprised markets with further rate cuts, and the European Central Bank announced a €1.14 trillion open-ended sovereign quantitative easing program to combat record-low inflation and stimulate growth in Europe. Global equities fell modestly at the end of the period, declining for the first quarter in the past twelve quarters. In June, the Greek debt crisis took center stage. Negotiations between Greece and its creditors broke down and Greece missed its scheduled payment due to the International Monetary Fund on June 30th. Despite the Greek default and fears of contagion to the European peripheral countries as well as a significant sell off in the Chinese equity market in June, global economic data remained constructive with continued signs of a gradual recovery in the U.S. and Europe. A continued boom in corporate takeovers also fueled bullish sentiment. Global merger and acquisition (M&A) activity remained robust, with 2015 on pace to be the second-highest year of M&A volume, trailing only 2007. During the period, U.S. equities underperformed non-U.S. equities and emerging market equities underperformed their developed market counterparts.
Non-U.S. stocks, as measured by the MSCI AC World ex USA Index, rose during the period (+4.35%). Eight of ten sectors in the index posted positive returns; Healthcare (+10%), Consumer Discretionary
(+7%), and Telecommunication Services (+5%) led the index while Utilities (-3%), Energy (-1%), and Materials (+1%), lagged on a relative basis.
The Fund outperformed the MSCI AC World ex USA Index due to security selection and sector allocation. Security selection was strongest within the Financials, Consumer Discretionary, and Utilities sectors. This was partially offset by weak selection within the Information Technology and Energy sectors. Sector allocation, a result of our bottom-up security selection process, also contributed to performance relative to the MSCI AC World ex USA Index during the period. An overweight to the Healthcare sector and an underweight to the Energy and Materials sectors also contributed to benchmark relative returns, which was partially offset by an underweight to Telecommunication Services.
Top contributors to performance relative to the MSCI AC World ex USA Index during the period included Hong Kong Exchanges (Financials), Eisai (Healthcare), and Julius Baer (Financials). Shares of Hong Kong Exchanges, an operator of the only stock and futures exchange in Hong Kong and their related clearing houses, outperformed as further liberalization of the Chinese financial system drove a large increase in equity market trading volumes, which benefits the exchange’s profitability. Eisai, a Japanese pharmaceutical company, outperformed on promising drug trial news. Shares of Julius Baer, a Swiss-based private bank, rose amid speculation that Credit Suisse has interest in buying the Swiss private bank. Nippon (Telecommunication Services) also contributed to absolute performance.
The largest relative detractors from returns relative to the MSCI AC World ex USA Index included AstraZeneca (Healthcare), TransCanada (Energy), and ICICI Bank (Financials). Shares of AstraZeneca, a U.K.-based manufacturer of pharmaceutical products, declined after the company reported earnings in late April as some investors were concerned with earnings quality given the number of out-licensing deals. Shares of TransCanada, a developer and operator of a pipeline network and gas storage and related services, declined as uncertainty continues surrounding the U.S. government’s regulatory decisions about whether to permit the company’s Keystone XL pipeline. Shares of ICICI Bank, an India-based bank and financial services company, underperformed as non-performing loans came in modestly higher than market expectations. Alibaba (Information Technology) also detracted from absolute and relative performance.
|
| Hartford International Opportunities HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
Our expectations for global growth remain modest, inflation levels appear to continue to be in check, and we believe monetary conditions throughout most of the global economy remain accommodative. Although our view remains cautiously optimistic for improving global financial conditions, we believe that growth will most likely be uneven. The unfolding situation in Greece is an example of this. We believe uncertainty around the impact of a Greek default or exit from the Eurozone and its potential effect on the European and global economy has resulted in what we view as heightened levels of volatility.
At the end of the period, relative to the MSCI AC World ex USA Index we were most overweight Healthcare, Consumer Discretionary, and Financials, and most underweight Energy, Materials, and Consumer Staples. On a regional basis, we ended the period with an overweight to Europe ex-U.K. and Japan. We ended the period underweight Asia Pacific ex-Japan and the U.K.
Currency Concentration of Securities
as of June 30, 2015 (Unaudited)
| | | | |
Description | | Percentage of
Net Assets | |
Brazilian Real | | | 0.6 | % |
British Pound | | | 11.2 | |
Canadian Dollar | | | 3.3 | |
Danish Krone | | | 0.2 | |
Euro | | | 31.8 | |
Hong Kong Dollar | | | 5.2 | |
Indian Rupee | | | 4.9 | |
Japanese Yen | | | 18.9 | |
Mexican Peso | | | 0.1 | |
South Korea Won | | | 1.4 | |
Swedish Krona | | | 3.1 | |
Swiss Franc | | | 9.7 | |
Taiwanese Dollar | | | 2.0 | |
United States Dollar | | | 6.9 | |
Other Assets & Liabilities | | | 0.7 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
Diversification by Sector
as of June 30, 2015
| | | | |
| Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 14.4 | % |
Consumer Staples | | | 7.4 | |
Energy | | | 3.0 | |
Financials | | | 28.7 | |
Health Care | | | 15.8 | |
Industrials | | | 9.4 | |
Information Technology | | | 8.5 | |
Materials | | | 3.8 | |
Telecommunication Services | | | 3.4 | |
Utilities | | | 3.1 | |
| | | | |
Total | | | 97.5 | % |
| | | | |
Short-Term Investments | | | 1.8 | |
Other Assets & Liabilities | | | 0.7 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford MidCap HLS Fund inception 07/14/1997
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
MidCap IA | | | 5.61% | | | | 5.77% | | | | 17.67% | | | | 10.47% | |
MidCap IB | | | 5.46% | | | | 5.49% | | | | 17.36% | | | | 10.19% | |
S&P MidCap 400 Index | | | 4.20% | | | | 6.40% | | | | 17.82% | | | | 9.74% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
S&P MidCap 400 Index is an unmanaged index of common stocks of companies chosen by S&P designed to represent price movements in the mid-cap U.S. equity market.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.70% and 0.95%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
Manager Discussion
June 30, 2015 (Unaudited)
Philip W. Ruedi, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
Mark A. Whitaker, CFA
Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford MidCap HLS Fund returned 5.61% for the six-month period ended June 30, 2015, outperforming the Fund’s benchmark, the S&P MidCap 400 Index, which returned 4.20% for the same period. The Fund also outperformed the 3.09% average return of the Lipper Mid-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed. Returns varied noticeably by market-cap, as small-cap stocks (+5%) and mid-cap stocks (+4%) outperformed large-cap stocks (+1%), as represented by the Russell 2000, the S&P MidCap 400, and the S&P 500, indices respectively. Within the S&P MidCap 400 Index, six out of ten sectors posted positive returns during the six-month period. The Healthcare (+17.0%), Information Technology (+7.5%), and Consumer Discretionary (+5.1%) sectors performed best while the
Utilities (-11.5%), Energy (-2.7%), and Materials (-2.1%) sectors lagged the most on a relative and absolute basis.
The Fund’s outperformance relative to the S&P MidCap 400 Index during the period was driven by an overweight allocation to Healthcare, and underweights in the Utilities and Materials sectors. An overweight to Energy detracted from results during the period. Weak security selection in the Consumer Discretionary and Information Technology sectors offset strong selection in Financials, Healthcare, and Consumer Staples.
Top contributors to relative and absolute performance during the period were Incyte (Healthcare), Equifax (Industrials), and Universal Health Services (Healthcare). Shares of Incyte, a U.S.-based biotech company focused on cancer and inflammation-related diseases, rose on strong results and reports on their drug development pipeline. Shares of Equifax, a U.S.-based provider of information solutions and human resources business process outsourcing services, rose on strong revenues and earnings. Shares of Universal Health Services, a large U.S.-based hospital company that owns or operates 24 acute care hospitals and 217 behavioral health centers in 37 states, benefited under the Affordable Care Act as more Americans gain access to health insurance, a trend reinforced by a recent U.S. Supreme Court ruling.
Top detractors from performance relative to the S&P MidCap 400 Index during the period were Apollo Education (Consumer Discretionary), Harley-Davidson (Consumer Discretionary), and Allison Transmission (Industrials). Shares of Apollo Education, one of the world’s largest for-profit education companies based in the U.S., fell during the period due to disappointing enrollment levels. Shares of Harley-Davidson, a U.S.-based motorcycle manufacturer, fell as the strong U.S. dollar weighed on international sales and undermined overseas profits. Allison Transmission, a U.S.-based medium to heavy-duty vehicle transmission manufacturer, experienced soft demand in some of its markets, although their core North American on-highway business reported growth in sales.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
We believe that mid cap equities represent “the sweet spot” of the stock market, offering what we consider the stability and quality of
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
market leading companies, an advantage over small caps in our view, plus the opportunity for significant, dynamic growth in revenues and earnings that we believe many large cap companies lack. Our F/V/E framework, which incorporates fundamentals, valuation, and expectations in our assessment of each company we consider, enables us to create what we consider to be a balanced portfolio of quality businesses and broad diversification across market sectors, all while maintaining the “purity” of our mid cap equity approach.
The global economic cycle continues to advance at a moderate pace with a mix of stronger growth in the U.S. and more sluggish activity in Europe, Japan, and China. We believe the U.S. economy is on track for a self-sustaining expansion and should, due to a steadily improving labor market, experience rising wage inflation and a moderate increase in the Fed policy interest rates in coming quarters.
At the end of the period, our largest overweights relative to the S&P MidCap 400 Index were in the Healthcare and Information Technology sectors. Our largest underweights were in the Financials and Consumer Discretionary sectors.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 10.2 | % |
Consumer Staples | | | 2.3 | |
Energy | | | 6.0 | |
Financials | | | 14.4 | |
Health Care | | | 18.2 | |
Industrials | | | 21.3 | |
Information Technology | | | 22.5 | |
Materials | | | 3.0 | |
Utilities | | | 1.9 | |
| | | | |
Total | | | 99.8 | % |
| | | | |
Short-Term Investments | | | 0.2 | |
Other Assets & Liabilities | | | 0.0 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford MidCap Value HLS Fund inception 04/30/2001
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term capital appreciation. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
MidCap Value IA | | | 4.86% | | | | 4.27% | | | | 17.69% | | | | 9.37% | |
MidCap Value IB | | | 4.83% | | | | 4.07% | | | | 17.40% | | | | 9.10% | |
Russell 2500 Value Index | | | 1.71% | | | | 0.99% | | | | 16.24% | | | | 7.76% | |
Russell MidCap Value Index | | | 0.41% | | | | 3.67% | | | | 17.73% | | | | 8.89% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Russell 2500 Value Index is an unmanaged index that measures the performance of those Russell 2500 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 2500 Index is an unmanaged index that measures the performance of the 2,500 smallest U.S. companies based on total market capitalization.
Russell MidCap Value Index measures the performance of the mid-cap value segment of the U.S. equity universe. It includes those Russell MidCap Index companies with lower price-to-book ratios and lower forecasted growth values.
The indices are unmanaged, and their results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.84% and 1.09%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
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| Hartford MidCap Value HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
James N. Mordy
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford MidCap Value HLS Fund returned 4.86% for the six-month period ended June 30, 2015, outperforming the Fund’s benchmark, the Russell 2500 Value Index, which returned 1.71% for the same period. The Fund also outperformed the Russell MidCap Value Index, which returned 0.41% for the same period. The Fund outperformed the 3.09% average return of the Lipper Mid-Cap Value Fund peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult, and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed. Returns varied noticeably by market-cap, as small-cap stocks (+5%) and mid-cap stocks (+4%) outperformed large-cap stocks (+1%), as represented by the Russell 2000, the S&P MidCap 400, and the S&P 500, indices respectively. Within the Russell 2500 Value Index, seven out of ten sectors posted positive returns during the six-month period. The Healthcare (+17.6%), Consumer Staples (+4.6%), and Consumer Discretionary (+4.4%) sectors performed best while the Utilities (-10.6%), Materials (-5.6%), and Energy (-3.5) sectors lagged the broader index.
The Fund’s outperformance relative to the Russell 2500 Value Index was driven primarily by security selection. Strong stock selection within the Information Technology and Materials sectors more than offset weaker stock selection within Financials, Healthcare and Industrials. Sector allocation, a result of the bottom-up security selection process, also contributed to relative results, primarily due to an underweight to Utilities and an overweight to Healthcare. An overweight to Materials and Energy, as well a large underweight to the Financials sector detracted from performance relative to the Russell 2500 Value Index.
The largest contributors to absolute performance and performance relative to the Russell 2500 Value Index, included Methanex (Materials), NXP Semiconductors (Information Technology), and Microsemi (Information Technology). Shares of Methanex, a Canada-based producer of methanol, rose amid increasing methanol prices as industry capacity was curtailed, and demand continued on a healthy trend. Shares of NXP Semiconductors, a Netherlands-based semiconductor company, rose as the company announced an accretive merger with Freescale, which we believe will solidify the company’s position as a leading supplier to the automotive industry. We subsequently sold our position in NXP when our investment thesis played out and the stock reached our target price. Microsemi, a U.S.-based semiconductor manufacturer, also outperformed as the company began to close its historic valuation gap versus analog peers and management expressed some optimism about their defense end market.
The largest detractors from absolute performance and performance relative to the Russell 2500 Value Index included Generac Holdings (Industrials), Wesco (Industrials), and Esterline Tech (Industrials). Shares of Generac Holdings, a U.S.-based designer and manufacturer of power generation equipment and other engine powered products, declined as revenue and net income dropped on weak demand for power generators over the period. Wesco, a U.S.-based distributor of industrial cabling, electrical, datacom and lighting products, underperformed despite modest revenue growth. A weak oil and gas outlook offset solid trends in non-residential construction. Esterline, a U.S.-based manufacturer and end-market parts supplier for the aerospace and defense industry, also declined over the period due to a variety of short term headwinds that have slowed the pace of margin expansion. Delays in key aerospace programs and an adjacent market slowdown in European industrials have tempered near term growth prospects.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
|
| Hartford MidCap Value HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
What is the outlook?
The annual rebalancing of the Russell indices at the end of June resulted in a few significant changes in sector weightings. Energy almost doubled from 3.9% to 7.4% of the Russell 2500 Value Index. As a result, despite our net purchases during the last quarter, we ended the period slightly underweight in energy after having been slightly overweight versus the previous index sector weightings. We believe that oil prices have recently weakened due to: 1) fears that recent healthy demand growth may be impacted by macro uncertainty in China and Europe, 2) U.S. dollar strength, and 3) greater supply than expected from OPEC and anticipation of an Iranian deal. The Healthcare and Consumer Discretionary sectors have lower weights in the latest rebalancing. We enter the third quarter of 2015 roughly 10% overweight the more cyclical sectors, with the largest relative overweights in Consumer Discretionary, Materials, and Information Technology relative to the Russell 2500 Value Index.
We believe that global uncertainties are now dominating investor psychology. We remain confident in modest U.S. economic growth, with recently improved manufacturing, construction and consumer momentum. While we continue to expect the Fed to begin raising short-term interest rates higher later this year, we believe that its policy will be influenced by unfolding global events. We believe that the crises in Greece and the bursting of the equity bubble in China will not derail the global economic recovery, but we acknowledge the potential for increased contagion risks, the possibility of unanticipated stress within the global financial system, continued foreign exchange challenges from a stronger dollar, and potential hits to consumer and business confidence. We believe that some increased caution is warranted as we watch closely for any new data points that indicate more fall out on the real economy, and the earnings of the companies held by the Fund. But we also believe this volatility will present us with some strong buying opportunities if we are willing to look through a longer term lens.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 14.3 | % |
Consumer Staples | | | 1.8 | |
Energy | | | 6.3 | |
Financials | | | 29.0 | |
Health Care | | | 6.4 | |
Industrials | | | 14.7 | |
Information Technology | | | 11.6 | |
Materials | | | 9.6 | |
Utilities | | | 4.8 | |
| | | | |
Total | | | 98.5 | % |
| | | | |
Short-Term Investments | | | 1.4 | |
Other Assets & Liabilities | | | 0.1 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Small Company HLS Fund inception 08/09/1996
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Small Company IA | | | 5.62% | | | | 8.13% | | | | 18.59% | | | | 10.20% | |
Small Company IB | | | 5.49% | | | | 7.88% | | | | 18.30% | | | | 9.93% | |
Russell 2000 Growth Index | | | 8.74% | | | | 12.34% | | | | 19.33% | | | | 9.86% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Russell 2000 Growth Index is an unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2000 Index is a broad-based unmanaged index comprised of 2,000 of the smallest U.S.-domiciled company common stocks (on the basis of capitalization) that are traded in the United States on the New York Stock Exchange, NYSE MKT LLC and Nasdaq.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.71% and 0.96%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
For additional information regarding the prior performance history of the Fund, please see the section entitled “Performance Notes” in the Fund’s prospectus.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
The Fund is closed to new investors until further notice. For more information, please see the Fund’s prospectus.
|
| Hartford Small Company HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Steven C. Angeli, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Stephen Mortimer
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Mario E. Abularach, CFA
Senior Managing Director, Equity Research Analyst
Wellington Management Company LLP
Mammen Chally, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
Jamie A. Rome, CFA
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Small Company HLS Fund returned 5.62% for the six-month period ended June 30, 2015, underperforming the Fund’s benchmark, the Russell 2000 Growth Index which returned 8.74% for the same period. The Fund also underperformed the 8.03% average return of the Lipper Small-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting export and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving
U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed.
Small cap stocks (+5%) outperformed large cap stocks (+1%) during the period, as measured by the Russell 2000 and S&P 500 Indices, respectively. Growth stocks (+4%) outperformed value stocks (-1%) during the period, as measured by the Russell 3000 Growth and Russell 3000 Value Indices, respectively. Eight of the ten sectors in the Russell 2000 Growth Index had positive returns during the period. Healthcare (+20%), Utilities (+20%), and Information Technology (+10%) performed best, while Consumer Staples (-4%) and Materials (-4%) lagged the broader index.
Stock selection was the main driver of relative underperformance versus the Russell 2000 Growth Index, primarily due to weak selection within the Information Technology, Industrials, and Consumer Discretionary sectors. This was partially offset by stronger selection in the Materials and Energy sectors. Sector allocation, which is the result of bottom-up stock selection, detracted from relative returns, primarily due to an underweight to the Healthcare and overweight to the Industrials sector which offset the positive impacts of an underweight allocation to the Consumer Staples sector.
Top detractors from relative returns during the period included Kate Spade (Consumer Discretionary), Insulet (Healthcare), and TrueCar (Information Technology). Shares of Kate Spade, a U.S.-based designer and marketer of a range of accessories and apparel, fell during the period after the company reported in-store sales that missed expectations. Sales at the company’s brick-and-mortar stores
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| Hartford Small Company HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
rose 6% in the first quarter from a year ago, but analysts were expecting 8% growth. Shares of Insulet, a diabetes medical device company, fell during the period after the company reported unexpectedly weak first-quarter earnings. However, management reiterated its full year revenue guidance. Shares of TrueCar, a data-driven car sales online platform operating on a common technology infrastructure, powered by data and analytics, fell during the period due to earnings results that fell below investor expectations. Tuesday Morning (Consumer Discretionary) detracted from absolute returns during the period.
Top contributors to relative performance during the period included Anacor Pharmaceuticals (Healthcare), SunEdison (Information Technology), and DexCom (Healthcare). Shares of Anacor Pharmaceuticals, a U.S.-based pharmaceutical company rose after it beat revenue and earnings estimates. Shares of SunEdison, a solar installation company, rose during the period after the company announced a positive full year 2015 outlook. Shares of DexCom, a health care equipment company, outperformed during the period after the company announced quarterly results that exceeded expectations on increasing patient additions and a tech upgrade cycle. Synageva (Healthcare) contributed to absolute returns during the period.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
We continue to maintain a cautiously optimistic view of the equity market. Despite what appears to be growing macro risk related to the potential default of Greece, and its implications for the future of the Euro, we believe the global economy showed signs of resuming growth during the second quarter. As macro factors abate, we believe that there is significant potential for growth within our market, which may translate into strong potential returns. We continue to find what we consider to be compelling investment opportunities across our investment universe.
As a result of our bottom-up, stock-by-stock investment decisions, the Fund ended the period most overweight the Information Technology, Financials, and Industrials, sectors relative to the Russell 2000 Growth Index. The Fund ended the period most underweight the Healthcare, Consumer Discretionary, and Consumer Staples sectors relative to the Russell 2000 Growth Index.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 16.1 | % |
Consumer Staples | | | 1.8 | |
Energy | | | 1.9 | |
Financials | | | 10.4 | |
Health Care | | | 22.2 | |
Industrials | | | 14.9 | |
Information Technology | | | 26.5 | |
Materials | | | 3.7 | |
Utilities | | | 0.1 | |
| | | | |
Total | | | 97.6 | % |
| | | | |
Short-Term Investments | | | 3.2 | |
Other Assets & Liabilities | | | (0.8 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Small/Mid Cap Equity HLS Fund inception 05/01/1998
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Small/Mid Cap Equity IA | | | 3.59% | | | | 4.91% | | | | 17.27% | | | | 8.60% | |
Small/Mid Cap Equity IB | | | 3.51% | | | | 4.67% | | | | 16.99% | | | | 8.33% | |
Russell 2500 Index | | | 4.81% | | | | 5.92% | | | | 17.86% | | | | 9.09% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Performance information includes performance under the Fund’s previous sub-adviser, Hartford Investment Management Company. As of June 4, 2012, Hartford Investment Management Company no longer served as the sub-adviser to the Fund.
Includes the Fund’s performance when it invested, prior to February 1, 2010, at least 80% of its assets in common stocks of mid-capitalization companies.
Class IB shares commenced on March 31, 2008. Class IB shares performance prior to that date reflects Class IA shares 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 shares performance.
Russell 2500 Index measures the performance of the small to mid-cap segment of the U.S. equity universe, commonly referred to as “smid” cap. The Russell 2500 Index is a subset of the Russell 3000 Index and includes approximately 2500 of the smallest
securities based on a combination of their market capitalization and current index membership.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.85% and 1.10%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
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| Hartford Small/Mid Cap Equity HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
David J. Elliott, CFA
Managing Director, Co-Director, Quantitative Investments and Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of Hartford Small/Mid Cap Equity HLS Fund returned 3.59% for the six-month period ended June 30, 2015, underperforming the Fund’s benchmark, the Russell 2500 Index, which returned 4.81%. For the same period, the Fund outperformed the 3.09% average return of the Lipper Mid-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed.
Six of the ten sectors in the Russell 2500 Index posted positive absolute returns during the period. Strong performers included the Healthcare (+20.2%), Information Technology (+7.9%), and Consumer Discretionary (+5.6%) sectors, while the Utilities (-10.7%), Telecommunication Services (-9.2%) and Energy (-2.5%) sectors lagged on a relative basis.
The Fund’s underperformance relative to the Russell 2500 Index was driven by weak stock selection, particularly in the Financials, Consumer Discretionary, and Materials sectors. This was partially
offset by stronger stock selection in Information Technology, Industrials, and Healthcare sectors. Overall sector positioning modestly contributed to relative returns during the period due primarily to an underweight to the Healthcare sector; an overweight to Information Technology and an underweight to Materials contributed to results relative to the Russell 2500 Index.
The largest detractors from performance relative to the Russell 2500 Index during the period were Westar Energy (Utilities), Retail Properties of America (Financials), and Resolute Forest (Materials). Shares of Westar Energy, an electric utility in Kansas, fell due to management reports of lower margins and earnings than the same period last year. Real estate investment trust (REIT) Retail Properties of America owns and operates shopping centers in the United States. Shares of the company fell after delivering in-line earnings with soft 2015 guidance below consensus estimates. Resolute Forest is a global forest products company that owns and operates pulp and paper mills and wood products facilities in the United States, Canada and South Korea. Shares of the company fell over the period reflecting the impact of lower prices in the pulp and wood products businesses and a material increase in the company’s pension expense on earnings. Sonus Networks (Information Technology) and Phoenix Companies (Financials) detracted from performance on an absolute basis during the period.
The largest contributors to performance relative to the Russell 2500 Index during the period were Anacor Pharmaceuticals (Healthcare), Skechers (Consumer Discretionary), and Centene (Healthcare). Shares of Anacor, a biopharmaceutical company focused on discovering, developing and commercializing small-molecule therapeutics, rose in response to the recently approved (2014) topical treatment for nail fungus. Shares of branded footwear maker Skechers experienced strong earnings growth as expectations for growth in international sales pushed the stock price higher. Shares of Centene, a provider of programs and services to government sponsored Healthcare programs, outperformed amid a frenzy of anticipated mergers and acquisitions in the Healthcare industry. Skyworks Solutions (Information Technology) also contributed on an absolute basis.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
The Fund seeks to add value by utilizing Wellington Management’s proprietary quantitative research and investment tools in a highly disciplined framework. The Fund focuses on stock selection as the key driver of returns and uses quantitative portfolio optimization
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| Hartford Small/Mid Cap Equity HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
techniques to seek to minimize unintended and uncompensated risks. Based on individual stock decisions, the Fund ended the period most overweight the Information Technology and Consumer Discretionary sectors and most underweight the Industrials and Materials sectors relative to the Russell 2500 Index.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 16.4 | % |
Consumer Staples | | | 1.7 | |
Energy | | | 4.2 | |
Financials | | | 23.7 | |
Health Care | | | 12.9 | |
Industrials | | | 13.1 | |
Information Technology | | | 17.9 | |
Materials | | | 4.8 | |
Telecommunication Services | | | 0.7 | |
Utilities | | | 4.2 | |
| | | | |
Total | | | 99.6 | % |
| | | | |
Short-Term Investments | | | 0.4 | |
Other Assets & Liabilities | | | 0.0 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford SmallCap Growth HLS Fund inception 05/02/1994
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term capital appreciation. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
SmallCap Growth IA | | | 8.09% | | | | 11.75% | | | | 21.82% | | | | 10.00% | |
SmallCap Growth IB | | | 7.94% | | | | 11.50% | | | | 21.51% | | | | 9.72% | |
Russell 2000 Growth Index | | | 8.74% | | | | 12.34% | | | | 19.33% | | | | 9.86% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Russell 2000 Growth Index is an unmanaged index of those Russell 2000 Index growth companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2000 Index is a broad-based unmanaged index comprised of 2,000 of the smallest U.S.-domiciled company common stocks (on the basis of capitalization) that are traded in the United States on the New York Stock Exchange, NYSE MKT LLC and Nasdaq.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.65% and 0.90%,
respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
For additional information regarding the prior performance history of the Fund, please see the section entitled “Performance Notes” in the Fund’s prospectus.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
The Fund is closed to new investors until further notice. For more information, please see the Fund’s prospectus.
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| Hartford SmallCap Growth HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Mammen Chally, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
David J. Elliott, CFA
Managing Director, Co-Director, Quantitative Investments and Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford SmallCap Growth HLS Fund returned 8.09% before sales charge for the six-month period ended June 30, 2015, underperforming its benchmark, the Russell 2000 Growth Index, which returned 8.74%. For the same period, the Fund outperformed the 8.03% average return of the Lipper Small-Cap Growth Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult, and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with$234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed.
Small cap stocks (+5%) outperformed large cap stocks (+1%) during the period, as measured by the Russell 2000 and S&P 500 Indices, respectively. Growth stocks (+4%) outperformed value stocks (-1%) during the period, as measured by the Russell 3000 Growth and Russell 3000 Value Indices, respectively. Eight of the ten sectors in the Russell 2000 Growth Index had positive returns during the period.
Healthcare (+20%), Utilities (+20%), and Information Technology (+10%) performed best, while Consumer Staples (-4%) and Materials (-4%) lagged the broader index.
Sector allocation, which is a result of bottom-up security selection, was the primary driver of the Fund’s underperformance relative to the Russell 2000 Growth Index, particularly an underweight to Healthcare and overweights to Materials and Consumer Staples. Underweights to Telecommunications Services and Consumer Discretionary were modest contributors to performance relative to the Russell 2000 Growth Index. Security selection also contributed to benchmark-relative results over the period. Selection was strongest within the Information Technology, Financials, and Consumer Staples sectors and weakest within Consumer Discretionary and Healthcare sectors.
The top detractors from performance relative to the Russell 2000 Growth Index over the period were Vince (Consumer Discretionary), Synageva (Healthcare), and Kate Spade (Consumer Discretionary). Shares of Vince, an apparel vendor primarily focused on high-end department stores, fell after company management positioned 2015 performance below market expectations due to a slowdown in their wholesale business. Shares of Synageva, a biopharmaceutical firm focused on developing therapies for patients with rare “orphan” diseases, outperformed on news of a merger with Alexion; not holding this benchmark constituent detracted from results. Shares of Kate Spade, a U.S.-based designer and marketer of a range of accessories and apparel, fell during the period after the company reported in-store sales that missed expectations. Sales at the company’s brick-and-mortar stores rose 6% in the first quarter from a year ago, but analysts were expecting 8% growth. Sonus Networks (Information Technology) was a top detractor from absolute performance over the period.
Anacor (Healthcare), Hyperion (Healthcare), and Ultragenyx (Healthcare) were top relative contributors to results relative to the Russell 2000 Growth Index over the period. Shares of Anacor, a biopharmaceutical company focused on discovering, developing and commercializing small-molecule therapeutics, rose in response to the recently approved (2014) topical treatment for nail fungus. Shares of Hyperion Therapeutics, a biopharmaceutical company, surged after Horizon Pharma announced that it offered to buy Hyperion for a substantial premium. We eliminated the position as the stock price increased following the announcement. Shares of Ultragenyx, a clinical-stage biopharmaceutical company focused on the treatment
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| The Hartford SmallCap Growth HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
of rare and ultra-rare diseases, rose based on positive news on key products in the company’s pipeline. Top absolute contributors during the period also included Ellie Mae (Information Technology), and DexCom (Healthcare).
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
Overall, we continue to find what we view as attractively valued stocks with the characteristics we seek. We are cautiously optimistic about the outlook for the U.S. economy and for equity markets, and we continue to monitor policy decisions and economic trends which may impact our holdings. We remain consistent in adhering to our disciplined portfolio construction process that we believe allows us to assess risk and weigh individual positions accordingly, and in the process build a portfolio that focuses largely on stock selection to seek to generate outperformance relative to the Russell 2000 Growth Index.
As a result of bottom-up stock selection, the Fund’s top overweights at the end of the period included Information Technology, Consumer Staples, and Materials. Healthcare, Consumer Discretionary, and Telecommunication Services constituted the greatest underweights relative to the Russell 2000 Growth Index at the end of the period.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 16.8 | % |
Consumer Staples | | | 4.2 | |
Energy | | | 1.9 | |
Financials | | | 9.6 | |
Health Care | | | 23.0 | |
Industrials | | | 13.3 | |
Information Technology | | | 25.3 | |
Materials | | | 4.7 | |
Telecommunication Services | | | 0.4 | |
| | | | |
Total | | | 99.2 | % |
| | | | |
Short-Term Investments | | | 0.8 | |
Other Assets & Liabilities | | | 0.0 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Stock HLS Fund inception 08/31/1977
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term growth of capital. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Stock IA | | | -0.77% | | | | 6.19% | | | | 15.72% | | | | 7.38% | |
Stock IB | | | -0.91% | | | | 5.92% | | | | 15.43% | | | | 7.11% | |
Russell 1000 Index | | | 1.71% | | | | 7.37% | | | | 17.58% | | | | 8.13% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies, based on total market capitalizations.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.50% and 0.75%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
Manager Discussion
June 30, 2015 (Unaudited)
Donald J. Kilbride
Senior Managing Director, Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Stock HLS Fund returned -0.77% for the six-month period ended June 30, 2015, underperforming the Russell 1000 Index, which returned 1.71% for the same period. The Fund also underperformed the 1.00% average return of the Lipper Large-Cap Core Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed. Returns varied noticeably by market-cap, as small- and mid-cap stocks outperformed large-cap stocks.
Overall equity market performance was positive for the period across all market capitalizations as large cap stocks (+2%), mid cap stocks (+4%), and small cap stocks (+5%) all rose, as represented by the Russell 1000, S&P MidCap 400, and Russell 2000 indices respectively. During the six-month period, six of the ten sectors rose within the Russell 1000 Index, led by Healthcare (+11%), and Consumer Discretionary (+6%), and Telecommunication Services (+4%). Utilities (-11%) and Energy (-4%) lagged on a relative basis.
The Fund’s underperformance versus the Russell 1000 Index was primarily driven by weak security selection within Healthcare, Consumer Staples, and Industrials, which offset stronger selection within Energy. Sector allocation, a residual of the bottom-up stock selection process, contributed to relative returns due primarily to overweight allocations to the Healthcare and underweight to Utilities. This was partially offset by an overweight to a weak performing Industrials sector.
Stocks that detracted the most from returns relative to the Russell 1000 Index during the period were Apple (Information Technology), Canadian National Railway (Industrials), and United Parcel Services (Industrials). Shares of Apple, a designer and manufacturer of consumer electronics, software, and computers, rose after the company posted better-than-expected revenue and an increase in gross margins. Not owning the strong performing benchmark constituent detracted from relative returns during the period. Shares of Canadian National Railway, Canada’s largest and only transcontinental railway, fell during the period. Railway stocks were hurt by concerns about coal, which created an opportunity for us to add to our position in Canadian National Railway. Shares of United Parcel Services, a package delivery company, underperformed during the period after the company reported disappointing quarterly earnings in late January 2015, in part due to overstaffing during the 2014 holiday season. Wal-Mart Stores (Consumer Staples) also detracted from performance on an absolute basis.
Top contributors to performance relative to the Russell 1000 Index during the period included UnitedHealth Group (Healthcare), BG Group (Energy), and Nike (Consumer Discretionary). Shares of UnitedHealth Group, a U.S.-based health care benefits and services provider, rose during the period after the company announced its plans to purchase Catamaran, a pharmacy-benefit manager company. Shares of BG Group, a UK-based natural gas-focused oil and gas exploration company, rose during the period after the Royal Dutch Shell company announced that it would acquire BG Group for approximately $70 billion. Shares of Nike, a U.S.-based manufacturer of athletic apparel and gear, rose during the period after the company posted a high-quality quarterly revenue and earnings beat and offered strong guidance for the 2016 fiscal year. Walt Disney (Consumer Discretionary) also contributed positively to performance on an absolute basis.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
What is the outlook?
It seemed hard to imagine that anything could knock M&A activity from the top of the headlines these days. Very large scale deals seemed to be announced daily, across all industries and geographies.
But we believe the ongoing events in both Greece and China have easily relieved M&A as the topic of greatest interest among investors. And while heightened M&A activity has clearly demonstrated impact on the portfolio, do the events in Greece and China matter nearly as much? Yes…and no, in our opinion.
In the case of Greece, we view the serious issues between the country and the Euro region a tempest in a teapot as it applies to our portfolio. While a Greek exit would likely create volatility that would affect markets broadly. We believe our current positioning and our focus on large multinational enterprises would have little direct reaction.
We believe the slowdown in China is of more concern. The world’s second largest economy appears to be going through a meaningful slowdown. That such a large and rapidly growing economy appears to be slowing from ~10% growth to something closer to 5% is neither surprising, nor unhealthy. China appears to be entering a period of transition from an export-dominated economy, to one more balanced between exports and internal consumption. In our view, such a transition will require a meaningful work-off of excesses in commodities, credit and the like. We expect that both the government and central bank will be hard-pressed to manage this slowdown without much pain.
We believe the pain of a transition in China will likely have more impact on the portfolio than any outcome in Greece. Indeed, many (though certainly not all) of the companies in the portfolio have exposure to China. That exposure is from both a sales perspective as well as sourcing perspective. There is also likely to be some related impact from weakness in Chinese equity markets. While the government is actively intervening in an attempt to manage the potential weakness in markets, it seems unlikely that downside volatility will vanish soon. We believe one should expect some knock on effects globally.
We view the events unfolding in both Greece and China with concern. But as to the question of likely impact on the portfolio, we believe that the potential effects are very different. As always, we will manage the portfolio with an eye toward long term wealth creation through the prism of dividend growth. We will attempt to use what we perceive as any sustained weakness in our holdings resulting from Greek or Chinese volatility as an opportunity to improve our position. Said another way, we don’t fear such volatility…we embrace it.
At the end of the period, our bottom-up investment approach resulted in overweight exposures in Consumer Staples, Industrials, and Healthcare as we continued to find what we consider to be attractive
investment opportunities in these sectors. The Fund’s largest underweights relative to the Russell 1000 Index were in Information Technology, Financials, and Utilities.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 11.4 | % |
Consumer Staples | | | 17.0 | |
Energy | | | 6.6 | |
Financials | | | 13.8 | |
Health Care | | | 17.5 | |
Industrials | | | 18.1 | |
Information Technology | | | 10.0 | |
Materials | | | 4.3 | |
| | | | |
Total | | | 98.7 | % |
| | | | |
Short-Term Investments | | | 1.2 | |
Other Assets & Liabilities | | | 0.1 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
Hartford Total Return Bond HLS Fund inception 08/31/1977
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks a competitive total return, with income as a secondary objective. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Total Return Bond IA | | | -0.26% | | | | 0.73% | | | | 4.06% | | | | 4.14% | |
Total Return Bond IB | | | -0.35% | | | | 0.50% | | | | 3.81% | | | | 3.89% | |
Barclays U.S. Aggregate Bond Index | | | -0.10% | | | | 1.86% | | | | 3.35% | | | | 4.44% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Performance information includes performance under the Fund’s previous sub-adviser, Hartford Investment Management Company. As of March 5, 2012, Hartford Investment Management Company no longer served as the sub-adviser to the Fund.
Barclays U.S. Aggregate Bond Index is an unmanaged index and is composed of securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.50% and 0.75%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Total Return Bond HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Joseph F. Marvan, CFA
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
Lucius T. Hill, III
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
Campe Goodman, CFA
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Total Return Bond HLS Fund returned -0.26%, for the six-month period ended June 30, 2015, underperforming its benchmark, the Barclays U.S. Aggregate Bond Index, which returned -0.10% for the same period. The Fund also underperformed the -0.02% average return of the Lipper Intermediate Investment Grade Debt Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
Fixed income markets were volatile over the six-month period as investors grappled with a mixed global economic backdrop, accommodative monetary policies, and the increased risk of a Greek exit from the Eurozone. Meanwhile, oil prices stabilized in the second quarter, having rebounded from record lows at the start of the year.
Many central banks eased monetary policy during the period with some resorting to radical measures to counter falling inflation and stimulate growth. The European Central Bank (ECB) launched an open-ended government bond-buying program, which prompted other central banks to act to stop their currencies from appreciating. In China, the central bank entered into an aggressive monetary easing cycle to counter deflationary risks and slowing growth. Sub-trend growth and low inflation kept the Bank of England on the sidelines while the U.S. Federal Reserve (Fed) charted a course for the end of quantitative easing.
Growth in the major developed markets stabilized while emerging markets growth continued to languish driven by a slowdown in Asia. Data in the Eurozone improved and broadened out across countries; though the Greek debt crisis has muddied the outlook. First quarter gross domestic product (GDP) in China slowed to its weakest level since the global financial crisis. Meanwhile, U.S. economic activity picked up after a weak first quarter; consumer fundamentals improved, the housing market gained some momentum, and labor market trends remained favorable. However, the manufacturing sector continued to face some challenges from a strong dollar and lower oil prices.
After declining in the first quarter, government bond yields moved sharply higher in the second quarter as economic outlooks brightened in the U.S. and the Eurozone, global deflation fears eased, and the Fed appeared on track to raise rates later this year. Greece took center stage at the end of the period after debt negotiations broke down and the country defaulted on its payment to the International Monetary Fund (IMF), triggering a risk-off tone throughout global financial markets.
Most global government bond yields were up over the six-month period and yield curves generally steepened led by the long-end of the curve. Absolute returns across the major fixed income sectors were mixed, with some sectors posting negative absolute returns amid rising interest rates. Spreads in the high yield and bank loans tightened, while investment grade corporate spreads widened.
The primary driver of the Fund’s underperformance relative to the Barclays U.S. Aggregate Bond Index over the period stemmed from its out-of-benchmark allocation to local currency emerging market (EM) debt; local EM debt lagged over the period as emerging markets currencies depreciated against the U.S. dollar. Additionally, the Fund’s inflation positioning detracted from relative results in the first quarter, as inflation expectations (measured by breakeven rates) were heavily influenced by low energy prices. The Fund’s out-of-benchmark allocation to bank loans contributed to benchmark-relative performance over the period. An allocation to Collateralized Loan Obligations (CLOs) and an overweight to Commercial Mortgage Backed Securities (CMBS) were also positive contributors to performance relative to the Barclays U.S. Aggregate Bond Index over the period.
Derivatives are used to manage the duration and risk positioning of the overall Fund. High yield credit default swap (CDS) index positions detracted from relative performance, but this was partially offset by positive results from an allocation to BB-rated high yield bonds.
What is the outlook?
At the end of the period, we maintained a moderately pro-cyclical risk stance in credit markets. We continue to expect positive economic momentum in the U.S., underpinned by consumption, housing, and
|
| Hartford Total Return Bond HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
receding energy challenges. In our view, the labor market continues to improve and wage growth is starting to pick up. The Federal Open Market Committee appears on track to raise rates later in 2015, though we expect a slow lift-off. Risk factors will likely be driven by macroeconomic/geopolitical events outside the U.S.
At the end of the period, the Fund’s U.S. duration positioning was shorter than the Barclays U.S. Aggregate Bond Index. Additionally, we expect that capacity constraints will pressure inflation higher; therefore, at the end of the period, we were positioned for an increase in inflation expectations.
We maintain a positive view on credit overall, based on what we believe to be supportive monetary policy, positive credit fundamentals, and attractive valuations. We continue to favor bank loans based on what we consider attractive valuations and low default expectations. We also hold BB rated high yield bonds and contingent convertibles (CoCos) of large European banks. Within the securitized sectors, we continue to favor select non-agency Residential Mortgage-Backed Securities (RMBS) due to what appears to be an improving housing market and high quality CLOs because we believe their valuations are compelling versus other investment grade securities. Additionally, we continued to have an overweight to CMBS as well as an overweight to agency Mortgage Backed Securities (MBS) pass-throughs where we believe valuations look attractive versus U.S. Treasuries. We held a moderate allocation to local currency emerging market debt. At quarter end, we maintained an underweight to investment grade corporates overall, but continued to favor financials and communications issuers.
Diversification by Security Type
as of June 30, 2015 (Unaudited)
| | | | |
Category | | Percentage of
Net Assets | |
Equity Securities | | | | |
Preferred Stocks | | | 0.1 | % |
| | | | |
Total | | | 0.1 | % |
| | | | |
Fixed Income Securities | | | | |
Asset & Commercial Mortgage Backed Securities | | | 32.6 | % |
Corporate Bonds | | | 32.6 | |
Foreign Government Obligations | | | 4.3 | |
Municipal Bonds | | | 1.1 | |
Senior Floating Rate Interests | | | 5.8 | |
U.S. Government Agencies | | | 46.1 | |
U.S. Government Securities | | | 7.3 | |
| | | | |
Total | | | 129.8 | % |
| | | | |
Short-Term Investments | | | 3.2 | |
Purchased Options | | | 0.0 | |
Other Assets & Liabilities | | | (33.1 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
Credit Exposure
as of June 30, 2015 (Unaudited)
| | | | |
Credit Rating* | | Percentage of
Net Assets | |
Aaa / AAA | | | 73.9 | % |
Aa / AA | | | 6.7 | |
A | | | 10.4 | |
Baa / BBB | | | 19.8 | |
Ba / BB | | | 8.3 | |
B | | | 2.4 | |
Caa / CCC or Lower | | | 4.8 | |
Not Rated | | | 3.5 | |
Non-Debt Securities and Other Short-Term Instruments | | | 3.3 | |
Other Assets & Liabilities | | | (33.1 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
| * | Credit exposure is the long-term credit ratings for the Fund’s holdings, as of the date noted, as provided by Standard and Poor’s (S&P) or Moody’s Investors Service (Moody’s) and typically range from AAA/Aaa (highest) to C/D (lowest). Presentation of S&P and Moody’s credit ratings in this report have been selected for informational purposes for shareholders, as well as the Fund’s consideration of industry practice. If Moody’s and S&P assign different ratings, the lower rating is used. Fixed income securities that are not rated by either agency are listed as “Not Rated.” Ratings do not apply to the Fund itself or to the Fund’s shares. Ratings may change. |
Hartford Ultrashort Bond HLS Fund inception 08/31/1977
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks total return and income consistent with preserving capital and maintaining liquidity. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | Since
Inception2 | |
Ultrashort Bond IA | | | 0.20% | | | | 0.10% | | | | 0.18% | |
Ultrashort Bond IB | | | 0.10% | | | | -0.20% | | | | -0.06% | |
Barclays 9-12 Month U.S. Treasury Index | | | 0.26% | | | | 0.31% | | | | 0.31% | |
| 2 | On October 21, 2013, the Fund converted from a money market fund to an ultrashort bond fund. Total returns shown are from conversion date (October 21, 2013) to June 30, 2015. |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Prior to October 21, 2013, the Fund was managed as a money market fund. Accordingly, performance of the Fund prior to October 21, 2013 is not shown. Past performance information for when the Fund was managed as a money market fund is available upon request by calling 1-888-843-7824.
Barclays 9-12 Month U.S. Treasury Index measures the performance of U.S. Treasury securities that have a remaining maturity between one and twelve months.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.43% and 0.68%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford Ultrashort Bond HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Timothy E. Smith
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Ultrashort Bond HLS Fund returned 0.20% for the six-month period ended June 30, 2015, performing in line with its benchmark, the Barclays 9-12 Month U.S. Treasury Index, which returned 0.26% for the same period. The Fund underperformed the 0.68% average return of the Lipper Short-Intermediate Investment Grade Debt Funds peer group, a group of funds that invest primarily in investment grade issues with dollar-weighted average maturities of one to five years.
Why did the Fund perform this way?
Fixed income markets were volatile over the six-month period as investors grappled with a mixed global economic backdrop, accommodative monetary policies, and the increased risk of a Greek exit from the Eurozone. Meanwhile, oil prices stabilized in the second quarter, having rebounded from record lows at the start of the year.
Many central banks eased monetary policy during the period with some resorting to radical measures to counter falling inflation and stimulate growth. The European Central Bank (ECB) launched an open-ended government bond-buying program, which prompted other central banks to act to stop their currencies from appreciating. In China, the central bank entered into an aggressive monetary easing cycle to counter deflationary risks and slowing growth. Sub-trend growth and low inflation kept the Bank of England on the sidelines while the U.S. Federal Reserve (Fed) charted a course for the end of quantitative easing.
Growth in the major developed markets stabilized while emerging markets growth continued to languish driven by a slowdown in Asia. Data in the Eurozone improved and broadened out across countries; though the Greek debt crisis has muddied the outlook. First quarter gross domestic product (GDP) in China slowed to its weakest level since the global financial crisis. Meanwhile, U.S. economic activity picked up after a weak first quarter; consumer fundamentals improved, the housing market gained some momentum, and labor market trends remained favorable. However, the manufacturing sector continued to face some challenges from a strong dollar and lower oil prices.
After declining in the first quarter, government bond yields moved sharply higher in the second quarter as economic outlooks brightened in the U.S. and the Eurozone, global deflation fears eased, and the Fed appeared on track to raise rates later this year. Greece took center stage at the end of the period after debt negotiations broke down and the country defaulted on its payment to the International Monetary Fund (IMF), triggering a risk-off tone throughout global financial markets.
Most global government bond yields were up over the six-month period and yield curves generally steepened led by the long-end of the curve. Absolute returns across the major fixed income sectors were mixed, with some sectors posting negative absolute returns amid rising interest rates. Spreads in the higher beta credit sectors like high yield and bank loans tightened, while investment grade corporate spreads widened.
An out-of-benchmark allocation to investment grade corporate credit, particularly within financial institutions and industrials, contributed to performance relative to the Barclays 9-12 Month U.S. Treasury Index during the period. An out-of-benchmark allocation to Asset Backed Securities (ABS) was also additive, specifically within autos. Yield curve and duration positioning contributed to performance relative to the Barclays 9-12 Month U.S. Treasury Index during the period as we were shorter duration relative to the benchmark as rates rose during the period. We use Treasury futures and interest rate swaps to manage duration and yield curve exposure. The use of Treasury futures and interest rate swaps did not have a material impact on performance during the period.
What is the outlook?
U.S. economic momentum continues to be positive, and we expect moderately stronger U.S. growth in 2015. Challenges to the global growth outlook appear to have increased, however. On balance, we believe the Fund is positioned with a moderately pro-cyclical risk posture.
We continue to expect the Fed to raise the Fed Funds rate in late 2015; as a result, at the end of the period our duration positioning was shorter relative to the Barclays 9-12 Month U.S. Treasury Index. We believe that U.S. governments remain the most liquid sector, and continue to own select agencies maturing in 3 years or less. We expect that core inflation will likely dip and then rise later in 2015.
We continued to be positioned with out-of-benchmark allocations to investment grade corporates, ABS, and Commercial Mortgage Backed Securities (CMBS) at the end of the period. Within investment grade corporates, we favor U.S. financials, as financial companies appear to have de-levered significantly, and we have been looking to the new issue market to add exposure in fixed and floating rate issues. Within ABS, we favor auto, credit card and equipment issuers.
|
| Hartford Ultrashort Bond HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
Diversification by Security Type
as of June 30, 2015 (Unaudited)
| | | | |
Category | | Percentage of
Net Assets | |
Fixed Income Securities | | | | |
Asset & Commercial Mortgage Backed Securities | | | 21.6 | % |
Corporate Bonds | | | 47.6 | |
Municipal Bonds | | | 0.7 | |
U.S. Government Agencies | | | 14.3 | |
U.S. Government Securities | | | 13.9 | |
| | | | |
Total | | | 98.1 | % |
| | | | |
Short-Term Investments | | | 1.9 | |
Other Assets & Liabilities | | | 0.0 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
Credit Exposure
as of June 30, 2015 (Unaudited)
| | | | |
Credit Rating* | | Percentage of
Net Assets | |
Aaa / AAA | | | 49.9 | % |
Aa / AA | | | 10.1 | |
A | | | 29.1 | |
Baa / BBB | | | 8.6 | |
Not Rated | | | 0.4 | |
Short-Term Instruments | | | 1.9 | |
Other Assets & Liabilities | | | 0.0 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
| * | Credit exposure is the long-term credit ratings for the Fund’s holdings, as of the date noted, as provided by Standard and Poor’s (S&P) or Moody’s Investors Service (Moody’s) and typically range from AAA/Aaa (highest) to C/D (lowest). Presentation of S&P and Moody’s credit ratings in this report have been selected for informational purposes for shareholders, as well as the Fund’s consideration of industry practice. If Moody’s and S&P assign different ratings, the lower rating is used. Fixed income securities that are not rated by either agency are listed as “Not Rated.” Ratings do not apply to the Fund itself or to the Fund’s shares. Ratings may change. |
Hartford U.S. Government Securities HLS Fund inception 03/24/1987
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks to maximize total return while providing shareholders with a high level of current income consistent with prudent investment risk. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
U.S. Government Securities IA | | | 1.06% | | | | 1.83% | | | | 2.03% | | | | 2.56% | |
U.S. Government Securities IB | | | 0.97% | | | | 1.51% | | | | 1.78% | | | | 2.30% | |
Barclays Intermediate Government Bond Index | | | 0.82% | | | | 1.79% | | | | 2.06% | | | | 3.67% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Performance information includes performance under the Fund’s previous sub-adviser, Hartford Investment Management Company. As of March 5, 2012, Hartford Investment Management Company no longer served as the sub-adviser to the Fund.
Barclays Intermediate Government Bond Index is an unmanaged index of government bonds with maturities of between one and ten years.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.48% and 0.73%, respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
|
| Hartford U.S. Government Securities HLS Fund |
Manager Discussion
June 30, 2015 (Unaudited)
Michael F. Garrett
Senior Managing Director and Fixed Income Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford U.S. Government Securities HLS Fund returned 1.06% for the six-month period ended June 30, 2015, outperforming its benchmark, the Barclays Intermediate Government Bond Index, which returned 0.82% for the same period. The Fund also outperformed the 0.69% average return of the Lipper Intermediate U.S. Government Funds peer group, a group of funds that invest primarily in U.S. government and agency issues.
Why did the Fund perform this way?
Fixed income markets were volatile over the six-month period as investors grappled with a mixed global economic backdrop, accommodative monetary policies, and the increased risk of a Greek exit from the Eurozone. Meanwhile, oil prices stabilized in the second quarter, having rebounded from record lows at the start of the year.
Many central banks eased monetary policy during the period with some resorting to radical measures to counter falling inflation and stimulate growth. The European Central Bank (ECB) launched an open-ended government bond-buying program, which prompted other central banks to act to stop their currencies from appreciating. In China, the central bank entered into an aggressive monetary easing cycle to counter deflationary risks and slowing growth. Sub-trend growth and low inflation kept the Bank of England on the sidelines while the U.S. Federal Reserve (Fed) charted a course for the end of quantitative easing.
Growth in the major developed markets stabilized while emerging markets growth continued to languish driven by a slowdown in Asia. Data in the Eurozone improved and broadened out across countries; though the Greek debt crisis has muddied the outlook. First quarter gross domestic product (GDP) in China slowed to its weakest level since the global financial crisis. Meanwhile, U.S. economic activity picked up after a weak first quarter; consumer fundamentals improved, the housing market gained some momentum, and labor market trends remained favorable. However, the manufacturing sector continued to face some challenges from a strong dollar and lower oil prices.
After declining in the first quarter, government bond yields moved sharply higher in the second quarter as economic outlooks brightened in the U.S. and the Eurozone, global deflation fears eased, and the Fed appeared on track to raise rates later this year. Greece took center stage at the end of the period after debt negotiations broke down and the country defaulted on its payment to the International Monetary Fund (IMF), triggering a risk-off tone throughout global financial markets.
Most global government bond yields were up over the six-month period and yield curves generally steepened led by the long-end of the curve. Absolute returns across the major fixed income sectors were mixed, with some sectors posting negative absolute returns amid rising interest rates. Spreads in the higher beta credit sectors like high yield and bank loans tightened, while investment grade corporate spreads widened.
Out-of-benchmark allocations to Mortgage Backed Securities (MBS), Asset Backed Securities (ABS), and Commercial Mortgage Backed Securities (CMBS) were the main drivers of outperformance relative to the Barclays Intermediate Government Bond Index over the period. Specifically within MBS, allocations to agency Collateralized Mortgage Obligations (CMOs) and non-agency Residential Mortgage-Backed Securities (RMBS) contributed to the Fund’s relative outperformance. Within ABS, exposure to Collateralized Loan Obligations (CLOs) was the primary driver of benchmark-relative returns over the period.
We use Treasury futures and interest rate swaps to manage duration and yield curve exposures; overall these components had a neutral impact on performance relative to the Barclays Intermediate Government Bond Index. On the other hand, the Fund’s duration and yield curve positioning detracted from returns relative to the Barclays Intermediate Government Bond Index over the period. The Fund was positioned with a flattening bias during the period (overweight the long-end of the curve and underweight the short-end), which detracted from performance relative to the Barclays Intermediate Government Bond Index, as rates rose and the yield curve steepened.
What is the outlook?
We continue to maintain our view that the Fed will begin raising short term interest rates later in 2015 based on what appears to be an improving domestic economy, which may put upward pressure on the front end of the yield curve. At the same time, demand for long-term U.S. bonds appears to remain strong from international buyers facing low local rates and looking for safety amid growth fears.
At the end of the period we remained overweight MBS relative to the Barclays Intermediate Government Bond Index. Further increases in volatility, brought on either by geopolitical events or uncertainty around the Fed, could continue to put pressure on spreads. We expect spread widening to be constrained, however, since over the longer term, we believe increases in the relative supply of Treasuries should create support for MBS. In addition, the U.S. rate structure appears to remain attractive compared to other developed markets which should drive demand from international buyers.
|
| Hartford U.S. Government Securities HLS Fund |
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
We remain positive on the non-agency RMBS sector, despite the fact that a strong market environment which supported its robust performance over the last few years appears to be lessening. Credit spreads have tightened substantially in the wake of the global financial crisis; however, we still believe the sector is attractively valued versus other credit markets, especially given our assessment of the relative risks. We continue to expect home-price appreciation to moderate to more normal levels this year, but we believe mid-single-digit gains should continue to support the sector. We believe mortgage-credit availability continues to gradually expand, and we believe looser credit standards should support the housing market.
Our outlook on CMBS has moved to neutral from positive, primarily due to changes in relative valuations. We believe that fundamentals remain positive, as the sector continues to be supported by what appears to be a recovering economy, limited supply across most sectors, and a manageable near-term loan-maturity schedule. Underwriting standards seem to continue to deteriorate, which requires us to be judicious in security selection, both within and across deals. The potential for rising interest rates is a risk factor that we continue to monitor.
Going forward, we are optimistic that continued economic improvement will benefit consumers, including subprime consumers, which we believe may be supportive for the ABS sector. In our view, the employment picture continues to improve, and falling energy prices should disproportionately benefit subprime borrowers, as well as support auto residual values. In addition, we also believe the economic environment should continue to be supportive for corporate credit and we are selectively invested in CLOs.
Diversification by Security Type
as of June 30, 2015 (Unaudited)
| | | | |
Category | | Percentage of
Net Assets | |
Fixed Income Securities | | | | |
Asset & Commercial Mortgage Backed Securities | | | 18.7 | % |
Municipal Bonds | | | 0.6 | |
U.S. Government Agencies | | | 53.3 | |
U.S. Government Securities | | | 34.2 | |
| | | | |
Total | | | 106.8 | % |
| | | | |
Short-Term Investments | | | 18.1 | |
Other Assets & Liabilities | | | (24.9 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
Credit Exposure
as of June 30, 2015 (Unaudited)
| | | | |
Credit Rating* | | Percentage of
Net Assets | |
Aaa / AAA | | | 94.6 | % |
Aa / AA | | | 4.3 | |
A | | | 3.3 | |
Baa / BBB | | | 1.5 | |
Ba / BB | | | 0.5 | |
B | | | 0.0 | |
Caa / CCC or Lower | | | 0.5 | |
Not Rated | | | 2.1 | |
Short-Term Instruments | | | 18.1 | |
Other Assets & Liabilities | | | (24.9 | ) |
| | | | |
Total | | | 100.0 | % |
| | | | |
| * | Credit exposure is the long-term credit ratings for the Fund’s holdings, as of the date noted, as provided by Standard and Poor’s (S&P) or Moody’s Investors Service (Moody’s) and typically range from AAA/Aaa (highest) to C/D (lowest). Presentation of S&P and Moody’s credit ratings in this report have been selected for informational purposes for shareholders, as well as the Fund’s consideration of industry practice. If Moody’s and S&P assign different ratings, the lower rating is used. Fixed income securities that are not rated by either agency are listed as “Not Rated.” Ratings do not apply to the Fund itself or to the Fund’s shares. Ratings may change. |
Hartford Value HLS Fund inception 04/30/2001
| | |
(sub-advised by Wellington Management Company LLP) | | Investment objective – The Fund seeks long-term total return. |
The chart above represents the hypothetical growth of a $10,000 investment in Class IA. Growth results in classes other than Class IA will vary from what is seen above due to differences in the expenses charged to those share classes.
Average Annual Total Return (as of 6/30/15)
| | | | | | | | | | | | | | | | |
| | | 6 Months1 | | | 1 Year | | | 5 Years | | | 10 Years | |
Value IA | | | 1.01% | | | | 5.75% | | | | 15.99% | | | | 8.52% | |
Value IB | | | 0.83% | | | | 5.44% | | | | 15.70% | | | | 8.25% | |
Russell 1000 Value Index | | | -0.61% | | | | 4.13% | | | | 16.50% | | | | 7.05% | |
PERFORMANCE DATA QUOTED REPRESENTS PAST PERFORMANCE AND DOES NOT GUARANTEE FUTURE RESULTS. The investment return and principal value of the investment will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, please visit our website www.hartfordfunds.com.
Total returns presented above were calculated using the Fund’s net asset value available to shareholders for sale or redemption of Fund shares on June 30, 2015, which may exclude investment transactions as of this date. All share class returns assume the reinvestment of all distributions at net asset value and the deduction of all fund expenses.
Russell 1000 Value Index is an unmanaged index that measures the performance of those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 Index is an unmanaged index that measures the performance of the 1,000 largest companies in the Russell 3000 Index, which measures the performance of the 3,000 largest U.S. companies, based on total market capitalizations.
The index is unmanaged, and its results include reinvested dividends and/or distributions, but do not reflect the effect of sales charges, commissions, expenses or taxes.
You cannot invest directly in an index.
As shown in the Fund’s current prospectus dated May 1, 2015, the total annual fund operating expense ratios for Class IA and Class IB were 0.77% and 1.02%,
respectively. Actual expenses may be higher. Please see the accompanying Financial Highlights for expense ratios for the six-month period ended June 30, 2015.
All investments are subject to risk including the possible loss of principal. For a discussion of the Fund’s risks, please see the Main Risks section of this report. For more detailed information on the risks associated with an investment in the Fund, please see the prospectus.
The chart and table do not reflect the deductions of taxes, sales charges or other fees which may be applied at the variable life insurance, variable annuity or qualified retirement plan product level. Any such additional sales charges or other fees or expenses would lower the contract’s or plan’s performance.
Manager Discussion
June 30, 2015 (Unaudited)
Karen H. Grimes, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
W. Michael Reckmeyer, III, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
Ian R. Link, CFA
Senior Managing Director and Equity Portfolio Manager
Wellington Management Company LLP
How did the Fund perform?
The Class IA shares of the Hartford Value HLS Fund returned 1.01% for the six-month period ended June 30, 2015, outperforming the benchmark, the Russell 1000 Value Index, which returned -0.61% for the same period. The Fund also outperformed the 0.40% average return of the Lipper Large Cap Value Funds peer group, a group of funds with investment strategies similar to those of the Fund.
Why did the Fund perform this way?
U.S. equities, as measured by the S&P 500 Index, rose for the period, notwithstanding significant volatility. The S&P 500 Index finished 2014 with strong gains, retreated briefly, but then reached new all-time highs on March 2, April 24, and May 21. Stocks fell in January, which was the worst monthly return for U.S. stocks in a year. Despite a positive overall scorecard, earnings sentiment was fairly negative among many investors, in part due to a strengthening U.S. Dollar negatively affecting exports and making future growth difficult and some accompanying high-profile earnings guidance disappointments. Equities rebounded in February, posting their best monthly gain since October 2011. The market pulled back again in early March as soft manufacturing data, potentially negative currency- and oil-related earnings, and valuation concerns weighed on investors’ minds. However, risk appetites increased after the March 18 Federal Open Market Committee statement underlined the U.S. Federal Reserve’s (Fed) hesitation to raise rates as U.S. domestic inflation remained subdued and other major central banks maintained an easing bias. In April, the tech-heavy Nasdaq Composite topped the 5,000 mark for the first time since the dot-com bubble and broke its closing record from March 2000. Continued strong merger and acquisition (M&A) activity, a rebound in hiring, and solid housing data helped to fuel risk appetites. May marked the second-best month ever for M&A activity involving U.S. companies with $234 billion in announcements. Stocks ended the period on a sour note after negotiations between Greece and its creditors broke down in late June. U.S. equities fell 1.9% in June despite promising data releases and an upbeat economic assessment by the Fed. Returns varied noticeably by market-cap, as small- and mid-cap stocks outperformed large-cap stocks.
In this environment, five of the ten sectors within the Russell 1000 Value Index posted positive returns during the period. Healthcare (+10%), Telecommunication Services (+6%), and Consumer Discretionary (+2%) gained the most, while Utilities (-11%), Information Technology (-7%), and Energy (-7%) lagged on a relative basis.
The Fund’s outperformance versus the Russell 1000 Value Index during the period was primarily driven by positive security selection. Strong stock selection within the Consumer Staples, Financials, and Information Technology sectors more than offset weaker selection within the Healthcare and Telecommunication Services sectors. Sector allocation, a residual of the bottom-up stock selection process, also contributed to performance, largely due to an underweight allocation to Utilities and an overweight allocation to Consumer Discretionary which more than offset the negative impact of an overweight to Information Technology.
The largest contributors to returns relative to the Russell 1000 Value Index were Kraft Foods Group (Consumer Staples), Procter & Gamble (Consumer Staples), and Spirit AeroSystems (Industrials). Shares of Kraft Foods Group, a packaged food company, rose during the period on news of its merger with Heinz, a move that was viewed favorably by investors. Shares of Procter & Gamble, a U.S.-based global leader focused on providing consumer packaged goods, declined during the period after the company lowered fiscal-year 2015 organic sales estimates and announced it was closing a manufacturing plant in Puerto Rico. Not owning the weak-performing benchmark constituent contributed to relative returns during the period. Shares of Spirit AeroSystems, an aerospace original equipment manufacturer, rose during the period after the company reported better-than-expected first-quarter profits and revenue due to strong demand for commercial planes. Top absolute contributors during the period included UnitedHealth Group (Healthcare) and JPMorgan Chase (Financials).
Among the top detractors from returns relative to the Russell 1000 Value Index were EMC (Information Technology), Eli Lily (Healthcare), and AT&T (Telecommunication Services). Shares of EMC, the largest data storage provider in the U.S., fell during the
Manager Discussion – (continued)
June 30, 2015 (Unaudited)
period due to concerns regarding weakness in demand from Europe and emerging markets, as well as softness in the U.S., which investors worried would continue to weigh on the stock price in the near term. Shares of Eli Lily, a U.S.-based company engaged in the drug manufacturing business, rose during the period as investors anticipated the company would announce positive long-term data on its Alzheimer’s drug. Not owning the strong performing benchmark-constituent detracted from returns during the period. Shares of AT&T, a U.S.-based telecommunications provider, rose during the period after the company reported better-than-expected first quarter earnings. Not owning the strong performing benchmark-constituent detracted returns during the period. Intel (Information Technology) and Chevron (Energy) also detracted on an absolute basis.
Derivatives are not used in a significant manner in this Fund and did not have a material impact on performance during the period.
What is the outlook?
Looking forward to the second half of 2015, we perceive increased geopolitical uncertainty globally, with Greece and China being key recent examples. While we believe that conditions within the U.S. have been tracking positively, we remain diligent in applying our process to seek to find quality companies with a combination of superior total return potential, stable dividends, and discounted valuations. We are monitoring developments and focusing on company specific catalysts as a basis for each position. We believe that the current portfolio includes a range of positions with company-specific drivers and the potential to add value across a number of economic environments. Based on individual stock decisions, the Fund ended the period most overweight the Consumer Discretionary, and Industrials sectors, and most underweight the Energy and Utilities sectors relative to the Russell 1000 Value Index.
Diversification by Sector
as of June 30, 2015 (Unaudited)
| | | | |
Sector | | Percentage of
Net Assets | |
Equity Securities | | | | |
Consumer Discretionary | | | 12.3 | % |
Consumer Staples | | | 5.0 | |
Energy | | | 10.7 | |
Financials | | | 27.2 | |
Health Care | | | 12.9 | |
Industrials | | | 12.1 | |
Information Technology | | | 11.4 | |
Materials | | | 3.9 | |
Telecommunication Services | | | 1.5 | |
Utilities | | | 2.4 | |
| | | | |
Total | | | 99.4 | % |
| | | | |
Short-Term Investments | | | 0.5 | |
Other Assets & Liabilities | | | 0.1 | |
| | | | |
Total | | | 100.0 | % |
| | | | |
A sector may be comprised of several industries. For Fund compliance purposes, the Fund may not use the same classification system and these sector classifications are used for reporting ease.
|
| Hartford Balanced HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 64.0% | | | |
| | | | | | Automobiles & Components - 0.5% | |
| | | 929,750 | | | Ford Motor Co. | | $ | 13,955,548 | |
| | | | | | | | | | |
| | | | | | Banks - 6.7% | |
| | | 589,480 | | | Citigroup, Inc. | | | 32,562,875 | |
| | | 798,550 | | | JP Morgan Chase & Co. | | | 54,109,748 | |
| | | 116,990 | | | M&T Bank Corp. | | | 14,615,561 | |
| | | 312,450 | | | PNC Financial Services Group, Inc. | | | 29,885,842 | |
| | | 946,520 | | | Wells Fargo & Co. | | | 53,232,285 | |
| | | | | | | | | | |
| | | | | | 184,406,311 | |
| | | | | | | | | | |
| | | | | | Capital Goods - 4.4% | |
| | | 218,410 | | | 3M Co. | | | 33,700,663 | |
| | | 401,070 | | | Eaton Corp. plc | | | 27,068,214 | |
| | | 409,420 | | | Fortune Brands Home & Security, Inc. | | | 18,759,625 | |
| | | 335,060 | | | Ingersoll-Rand plc | | | 22,589,745 | |
| | | 163,760 | | | United Technologies Corp. | | | 18,165,897 | |
| | | | | | | | | | |
| | | | | | 120,284,144 | |
| | | | | | | | | | |
| | | | | | Commercial & Professional Services - 0.4% | |
| | | 245,700 | | | Nielsen N.V. | | | 10,999,989 | |
| | | | | | | | | | |
| | | | | | Consumer Durables & Apparel - 0.5% | |
| | | 122,680 | | | PVH Corp. | | | 14,132,736 | |
| | | | | | | | | | |
| | | | | | Consumer Services - 0.9% | |
| | | 94,200 | | | McDonald’s Corp. | | | 8,955,594 | |
| | | 270,500 | | | Norwegian Cruise Line Holdings Ltd.* | | | 15,158,820 | |
| | | | | | | | | | |
| | | | | | 24,114,414 | |
| | | | | | | | | | |
| | | | | | Diversified Financials - 3.0% | |
| | | 129,360 | | | Ameriprise Financial, Inc. | | | 16,160,945 | |
| | | 80,610 | | | BlackRock, Inc. | | | 27,889,448 | |
| | | 90,800 | | | Goldman Sachs Group, Inc. | | | 18,958,132 | |
| | | 532,930 | | | Invesco Ltd. | | | 19,979,545 | |
| | | | | | | | | | |
| | | | | | 82,988,070 | |
| | | | | | | | | | |
| | | | | | Energy - 4.8% | |
| | | 219,880 | | | Anadarko Petroleum Corp. | | | 17,163,833 | |
| | | 209,250 | | | Chevron Corp. | | | 20,186,347 | |
| | | 161,850 | | | EOG Resources, Inc. | | | 14,169,968 | |
| | | 343,710 | | | Exxon Mobil Corp. | | | 28,596,672 | |
| | | 378,050 | | | Halliburton Co. | | | 16,282,614 | |
| | | 604,000 | | | Marathon Oil Corp. | | | 16,030,160 | |
| | | 188,960 | | | Occidental Petroleum Corp. | | | 14,695,419 | |
| | | 246,710 | | | Southwestern Energy Co.* | | | 5,607,718 | |
| | | | | | | | | | |
| | | | | | 132,732,731 | |
| | | | | | | | | | |
| | | | | | Food & Staples Retailing - 1.2% | |
| | | 312,710 | | | CVS Health Corp. | | | 32,797,025 | |
| | | | | | | | | | |
| | | | | | Food, Beverage & Tobacco - 3.2% | |
| | | 113,870 | | | Anheuser-Busch InBev N.V. ADR | | | 13,740,693 | |
| | | 333,945 | | | British American Tobacco plc | | | 17,980,434 | |
| | | 423,280 | | | Coca-Cola Co. | | | 16,605,274 | |
| | | 250,156 | | | Kraft Foods Group, Inc. | | | 21,298,282 | |
| | | 476,850 | | | Mondelez International, Inc. Class A | | | 19,617,609 | |
| | | | | | | | | | |
| | | | | | 89,242,292 | |
| | | | | | | | | | |
| | | | | | Health Care Equipment & Services - 3.0% | |
| | | 223,900 | | | Baxter International, Inc. | | | 15,657,327 | |
| | | 511,305 | | | Medtronic plc | | | 37,887,700 | |
| | | 248,540 | | | UnitedHealth Group, Inc. | | | 30,321,880 | |
| | | | | | | | | | |
| | | | | | 83,866,907 | |
| | | | | | | | | | |
| | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 64.0% - (continued) | | | |
| | | | | | Household & Personal Products - 0.6% | |
| | | 178,900 | | | Estee Lauder Cos., Inc. Class A | | $ | 15,503,474 | |
| | | | | | | | | | |
| | | | | | Insurance - 2.4% | |
| | | 380,330 | | | American International Group, Inc. | | | 23,512,001 | |
| | | 574,580 | | | Marsh & McLennan Cos., Inc. | | | 32,578,686 | |
| | | 245,530 | | | Unum Group | | | 8,777,697 | |
| | | | | | | | | | |
| | | | | | | | | 64,868,384 | |
| | | | | | | | | | |
| | | | | | Materials - 1.7% | |
| | | 422,530 | | | Dow Chemical Co. | | | 21,620,860 | |
| | | 346,960 | | | International Paper Co. | | | 16,511,827 | |
| | | 215,660 | | | Nucor Corp. | | | 9,504,136 | |
| | | | | | | | | | |
| | | | | | | | | 47,636,823 | |
| | | | | | | | | | |
| | | | | | Media - 2.5% | |
| | | 271,750 | | | CBS Corp. Class B | | | 15,082,125 | |
| | | 322,920 | | | Comcast Corp. Class A | | | 19,420,409 | |
| | | 397,440 | | | Thomson Reuters Corp. | | | 15,130,541 | |
| | | 166,160 | | | Walt Disney Co. | | | 18,965,502 | |
| | | | | | | | | | |
| | | | | | | | | 68,598,577 | |
| | | | | | | | | | |
| | | | | | Pharmaceuticals, Biotechnology & Life Sciences - 9.0% | |
| | | 264,560 | | | Agilent Technologies, Inc. | | | 10,206,725 | |
| | | 66,200 | | | Allergan plc* | | | 20,089,052 | |
| | | 153,970 | | | Amgen, Inc. | | | 23,637,474 | |
| | | 279,020 | | | AstraZeneca plc ADR | | | 17,776,364 | |
| | | 541,700 | | | Bristol-Myers Squibb Co. | | | 36,044,718 | |
| | | 270,610 | | | Gilead Sciences, Inc. | | | 31,683,019 | |
| | | 768,800 | | | Merck & Co., Inc. | | | 43,767,784 | |
| | | 72,835 | | | Roche Holding AG | | | 20,422,309 | |
| | | 335,399 | | | UCB S.A. | | | 24,116,929 | |
| | | 150,880 | | | Vertex Pharmaceuticals, Inc.* | | | 18,630,662 | |
| | | | | | | | | | |
| | | | | | | | | 246,375,036 | |
| | | | | | | | | | |
| | | | | | Real Estate - 0.2% | |
| | | 264,270 | | | Paramount Group, Inc. REIT | | | 4,534,873 | |
| | | | | | | | | | |
| | | | | | Retailing - 2.7% | |
| | | 11,702,200 | | | Allstar Co.*(1)(2) | | | 12,287,310 | |
| | | 207,800 | | | Dollar General Corp. | | | 16,154,372 | |
| | | 256,450 | | | Home Depot, Inc. | | | 28,499,288 | |
| | | 219,330 | | | Nordstrom, Inc. | | | 16,340,085 | |
| | | | | | | | | | |
| | | | | | | | | 73,281,055 | |
| | | | | | | | | | |
| | | | | | Semiconductors & Semiconductor Equipment - 3.8% | |
| | | 296,700 | | | Analog Devices, Inc. | | | 19,043,690 | |
| | | 974,870 | | | Intel Corp. | | | 29,650,671 | |
| | | 1,531,760 | | | Marvell Technology Group Ltd. | | | 20,196,256 | |
| | | 1,008,580 | | | Maxim Integrated Products, Inc. | | | 34,871,653 | |
| | | | | | | | | | |
| | | | | | | | | 103,762,270 | |
| | | | | | | | | | |
| | | | | | Software & Services - 6.3% | |
| | | 272,900 | | | Accenture plc Class A | | | 26,411,262 | |
| | | 299,580 | | | eBay, Inc.* | | | 18,046,699 | |
| | | 73,785 | | | Google, Inc. Class C* | | | 38,405,830 | |
| | | 1,052,470 | | | Microsoft Corp. | | | 46,466,551 | |
| | | 481,410 | | | Oracle Corp. | | | 19,400,823 | |
| | | 1,009,110 | | | Symantec Corp. | | | 23,461,808 | |
| | | | | | | | | | |
| | | | | | | | | 172,192,973 | |
| | | | | | | | | | |
| | | | | | Technology Hardware & Equipment - 4.3% | |
| | | 510,060 | | | Apple, Inc. | | | 63,974,275 | |
| | | 1,982,450 | | | Cisco Systems, Inc. | | | 54,438,077 | |
| | | | | | | | | | |
| | | | | | | | | 118,412,352 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 64.0% - (continued) | | | |
| | | | | | | Telecommunication Services - 0.3% | |
| | $ | | | | 194,130 | | | Verizon Communications, Inc. | | $ | 9,048,399 | |
| | | | | | | | | | | | |
| | | | | | | Transportation - 0.5% | |
| | | | | 155,900 | | | Union Pacific Corp. | | | 14,868,183 | |
| | | | | | | | | | | | |
| | | | | | | Utilities - 1.1% | |
| | | | | 303,170 | | | NextEra Energy, Inc. | | | 29,719,755 | |
| | | | | | | | | | | | |
| | | | | | | | Total Common Stocks
(cost $1,230,137,837) | | $ | 1,758,322,321 | |
| | | | | | | | | | | | |
| ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 1.6% | |
| | | | | | | Asset-Backed - Automobile - 0.6% | |
| | $ | | | | 225,000 | | | CarMax Automotive Owner Trust 1.95%, 09/16/2019 | | $ | 224,862 | |
| | | | | 1,245,000 | | | Drive Auto Receivables Trust
2.12%, 06/17/2019(3) | | | 1,244,851 | |
| | | | | 1,782,483 | | | Exeter Automobile Receivables Trust 1.54%, 11/15/2019(3) | | | 1,782,222 | |
| | | | | 1,625,000 | | | First Investors Automotive Owner Trust 1.67%, 11/16/2020(3) | | | 1,623,778 | |
| | | | | 515,000 | | | Hyundai Automotive Receivables Trust 2.48%, 03/15/2019 | | | 528,378 | |
| | | | | 600,000 | | | Prestige Automotive Receivables Trust 1.91%, 04/15/2020(3) | | | 600,926 | |
| | | | | | | | Santander Drive Automotive Receivables Trust | |
| | | | | 1,630,000 | | | 1.97%, 11/15/2019 | | | 1,635,441 | |
| | | | | 675,000 | | | 2.25%, 06/17/2019 | | | 683,153 | |
| | | | | 400,000 | | | 2.33%, 11/15/2019 | | | 405,030 | |
| | | | | 2,420,000 | | | 2.36%, 04/15/2020 | | | 2,436,507 | |
| | | | | 655,000 | | | 2.57%, 03/15/2019 | | | 664,118 | |
| | | | | | | | Westlake Automobile Receivables Trust | |
| | | | | 1,585,059 | | | 0.97%, 10/16/2017(3) | | | 1,584,678 | |
| | | | | 1,355,000 | | | 1.83%, 01/15/2021(3) | | | 1,354,729 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 14,768,673 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Finance & Insurance - 0.5% | |
| | | | | | | | Ally Master Owner Trust | |
| | | | | 4,885,000 | | | 1.54%, 09/15/2019 | | | 4,898,199 | |
| | | | | 4,890,000 | | | 1.60%, 10/15/2019 | | | 4,910,768 | |
| | | | | 430,000 | | | Ford Credit Floorplan Master Owner Trust 2.09%, 03/15/2022(3) | | | 427,371 | |
| | | | | 1,565,000 | | | SBA Tower Trust
2.90%, 10/15/2044(3)(4) | | | 1,572,836 | |
| | | | | | | | Springleaf Funding Trust | |
| | | | | 1,765,000 | | | 3.16%, 11/15/2024(3) | | | 1,785,938 | |
| | | | | 755,000 | | | 3.48%, 05/15/2028(3) | | | 756,138 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 14,351,250 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Home Equity - 0.0% | |
| | | | | 7,906 | | | New Century Home Equity Loan Trust
0.77%, 03/25/2035(4) | | | 7,891 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Mortgage-Backed Securities - 0.5% | |
| | | | | 1,765,000 | | | Hilton USA Trust
2.66%, 11/05/2030(3) | | | 1,753,829 | |
| | | | | 2,368,763 | | | JP Morgan Chase Commercial Mortgage Securities Trust
5.89%, 02/12/2049(4) | | | 2,513,490 | |
| | | | | 1,018,490 | | | LB-UBS Commercial Mortgage Trust
6.32%, 04/15/2041(4) | | | 1,106,315 | |
| | | | | 3,676,034 | | | Merrill Lynch/Countrywide Commercial Mortgage Trust
5.81%, 06/12/2050(4) | | | 3,915,130 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 1.6% - (continued) | |
| | | | | | | Commercial Mortgage-Backed Securities - 0.5% - (continued) | |
| | $ | | | | 2,500,000 | | | SFAVE Commercial Mortgage Securities Trust
4.14%, 01/05/2035(3)(4) | | $ | 2,391,623 | |
| | | | | 2,290,371 | | | Wachovia Bank Commercial Mortgage Trust 5.31%, 11/15/2048 | | | 2,380,960 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 14,061,347 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Home Equity - 0.0% | |
| | | | | | | | Total Asset & Commercial Mortgage Backed Securities
(cost $43,445,001) | | $ | 43,189,161 | |
| | | | | | | | | | | | |
| CORPORATE BONDS - 14.2% | |
| | | | | | | Aerospace/Defense - 0.0% | |
| | | | | 365,000 | | | United Technologies Corp.
3.10%, 06/01/2022 | | $ | 367,902 | |
| | | | | | | | | | | | |
| | | | | | | Agriculture - 0.3% | |
| | | | | | | | Altria Group, Inc. | | | | |
| | | | | 1,950,000 | | | 4.50%, 05/02/2043 | | | 1,806,047 | |
| | | | | 1,995,000 | | | 4.75%, 05/05/2021 | | | 2,161,890 | |
| | | | | | | | BAT International Finance plc | |
| | | | | 685,000 | | | 2.75%, 06/15/2020(3) | | | 688,886 | |
| | | | | 2,775,000 | | | 3.25%, 06/07/2022(3) | | | 2,752,608 | |
| | | | | 290,000 | | | 3.50%, 06/15/2022(3) | | | 292,644 | |
| | | | | 270,000 | | | Philip Morris International, Inc. 5.65%, 05/16/2018 | | | 299,847 | |
| | | | | | | | | | | | |
| | | | | | | | 8,001,922 | |
| | | | | | | | | | | | |
| | | | | | | Airlines - 0.4% | |
| | | | | 3,347,232 | | | Continental Airlines, Inc.
5.98%, 10/19/2023 | | | 3,732,164 | |
| | | | | | | | Southwest Airlines Co. | |
| | | | | 2,700,000 | | | 5.75%, 12/15/2016 | | | 2,873,267 | |
| | | | | 2,514,639 | | | 6.15%, 02/01/2024 | | | 2,879,261 | |
| | | | | | | | | | | | |
| | | | | | | | 9,484,692 | |
| | | | | | | | | | | | |
| | | | | | | Auto Manufacturers - 0.3% | |
| | | | | 5,600,000 | | | Daimler Finance NA LLC
2.63%, 09/15/2016(3) | | | 5,693,772 | |
| | | | | 2,985,000 | | | Ford Motor Credit Co. LLC
2.38%, 03/12/2019 | | | 2,975,376 | |
| | | | | 580,000 | | | Volkswagen Group of America Finance LLC
2.45%, 11/20/2019(3) | | | 581,989 | |
| | | | | | | | | | | | |
| | | | | | | | 9,251,137 | |
| | | | | | | | | | | | |
| | | | | | | Beverages - 0.3% | |
| | | | | 3,205,000 | | | Anheuser-Busch InBev Worldwide, Inc.
7.75%, 01/15/2019 | | | 3,804,165 | |
| | | | | | | | Coca-Cola Femsa S.A.B. de C.V. | |
| | | | | 1,176,000 | | | 2.38%, 11/26/2018 | | | 1,192,582 | |
| | | | | 1,300,000 | | | 3.88%, 11/26/2023 | | | 1,352,416 | |
| | | | | | | | Heineken N.V. | |
| | | | | 1,330,000 | | | 2.75%, 04/01/2023(3) | | | 1,288,217 | |
| | | | | 50,000 | | | 4.00%, 10/01/2042(3) | | | 45,053 | |
| | | | | | | | Molson Coors Brewing Co. | |
| | | | | 60,000 | | | 2.00%, 05/01/2017 | | | 60,629 | |
| | | | | 765,000 | | | 3.50%, 05/01/2022 | | | 771,851 | |
| | | | | 495,000 | | | 5.00%, 05/01/2042 | | | 481,888 | |
| | | | | | | | | | | | |
| | | | | | | | 8,996,801 | |
| | | | | | | | | | | | |
| | | | | | | Biotechnology - 0.1% | |
| | | | | | | | Celgene Corp. | |
| | | | | 230,000 | | | 2.25%, 05/15/2019 | | | 230,449 | |
| | | | | 535,000 | | | 3.63%, 05/15/2024 | | | 534,321 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | Biotechnology - 0.1% - (continued) | |
| | | | | | | | Gilead Sciences, Inc. | |
| | $ | | | | 935,000 | | | 3.50%, 02/01/2025 | | $ | 936,362 | |
| | | | | 930,000 | | | 3.70%, 04/01/2024 | | | 950,307 | |
| | | | | 405,000 | | | 4.50%, 02/01/2045 | | | 403,439 | |
| | | | | | | | | | | | |
| | | | | | | | 3,054,878 | |
| | | | | | | | | | | | |
| | | | | | | Chemicals - 0.1% | |
| | | | | 1,145,000 | | | LyondellBasell Industries
4.63%, 02/26/2055 | | | 1,008,336 | |
| | | | | 300,000 | | | Monsanto Co.
4.70%, 07/15/2064 | | | 259,707 | |
| | | | | | | | | | | | |
| | | | | | | | 1,268,043 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Banks - 3.8% | |
| | | | | 6,350,000 | | | American Express Centurion Bank 6.00%, 09/13/2017 | | | 6,942,004 | |
| | | | | | | | Bank of America Corp. | |
| | | | | 3,400,000 | | | 4.20%, 08/26/2024 | | | 3,391,813 | |
| | | | | 1,655,000 | | | 5.00%, 05/13/2021 | | | 1,816,804 | |
| | | | | | | | Bank of New York Mellon Corp. | |
| | | | | 2,020,000 | | | 2.15%, 02/24/2020 | | | 1,998,687 | |
| | | | | 925,000 | | | 3.00%, 02/24/2025 | | | 896,172 | |
| | | | | | | | Barclays Bank plc | |
| | | | | 1,100,000 | | | 2.50%, 02/20/2019 | | | 1,107,337 | |
| | | | | 1,300,000 | | | 3.75%, 05/15/2024 | | | 1,305,660 | |
| | | | | 800,000 | | | 6.05%, 12/04/2017(3) | | | 870,431 | |
| | | | | | | | BNP Paribas S.A. | |
| | | | | 2,075,000 | | | 2.40%, 12/12/2018 | | | 2,099,226 | |
| | | | | 305,000 | | | 3.25%, 03/03/2023 | | | 302,713 | |
| | | | | | | | BPCE S.A. | |
| | | | | 365,000 | | | 2.50%, 12/10/2018 | | | 370,336 | |
| | | | | 1,000,000 | | | 2.50%, 07/15/2019 | | | 1,008,062 | |
| | | | | 1,075,000 | | | 4.00%, 04/15/2024 | | | 1,085,255 | |
| | | | | 1,275,000 | | | 5.15%, 07/21/2024(3) | | | 1,295,352 | |
| | | | | 2,875,000 | | | Capital One Financial Corp.
3.75%, 04/24/2024 | | | 2,861,772 | |
| | | | | | | | Citigroup, Inc. | |
| | | | | 1,220,000 | | | 2.50%, 07/29/2019 | | | 1,221,790 | |
| | | | | 1,000,000 | | | 4.95%, 11/07/2043 | | | 1,036,725 | |
| | | | | 690,000 | | | 5.30%, 05/06/2044 | | | 702,440 | |
| | | | | 2,700,000 | | | 6.13%, 05/15/2018 | | | 3,012,957 | |
| | | | | 520,000 | | | 8.13%, 07/15/2039 | | | 746,388 | |
| | | | | 505,000 | | | Compass Bank
2.75%, 09/29/2019 | | | 503,752 | |
| | | | | | | | Credit Agricole S.A. | |
| | | | | 1,950,000 | | | 2.50%, 04/15/2019(3) | | | 1,955,095 | |
| | | | | 790,000 | | | 4.38%, 03/17/2025(3) | | | 756,757 | |
| | | | | 1,100,000 | | | Credit Suisse Group Funding Guernsey Ltd.
3.75%, 03/26/2025(3) | | | 1,058,940 | |
| | | | | | | | Credit Suisse New York | |
| | | | | 945,000 | | | 2.30%, 05/28/2019 | | | 943,359 | |
| | | | | 855,000 | | | 3.00%, 10/29/2021 | | | 848,333 | |
| | | | | 520,000 | | | 3.63%, 09/09/2024 | | | 516,911 | |
| | | | | 300,000 | | | Fifth Third Bancorp
2.88%, 10/01/2021 | | | 297,050 | |
| | | | | | | | Goldman Sachs Group, Inc. | |
| | | | | 3,335,000 | | | 2.38%, 01/22/2018 | | | 3,385,725 | |
| | | | | 2,975,000 | | | 5.63%, 01/15/2017 | | | 3,150,278 | |
| | | | | 1,700,000 | | | 6.15%, 04/01/2018 | | | 1,890,196 | |
| | | | | 2,590,000 | | | 6.25%, 02/01/2041 | | | 3,065,384 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | Commercial Banks - 3.8% - (continued) | |
| | $ | | | | 3,010,000 | | | HSBC Holdings plc
6.10%, 01/14/2042 | | $ | 3,643,265 | |
| | | | | | | | Huntington National Bank | |
| | | | | 760,000 | | | 2.20%, 04/01/2019 | | | 755,479 | |
| | | | | 1,490,000 | | | 2.40%, 04/01/2020 | | | 1,473,351 | |
| | | | | 5,200,000 | | | ING Bank N.V.
3.75%, 03/07/2017(3) | | | 5,402,977 | |
| | | | | | | | JP Morgan Chase & Co. | |
| | | | | 2,240,000 | | | 3.25%, 09/23/2022 | | | 2,225,469 | |
| | | | | 850,000 | | | 3.38%, 05/01/2023 | | | 825,366 | |
| | | | | 2,000,000 | | | 4.95%, 03/25/2020 | | | 2,204,550 | |
| | | | | 1,080,000 | | | 5.40%, 01/06/2042 | | | 1,193,292 | |
| | | | | 2,600,000 | | | Korea Development Bank
2.50%, 03/11/2020 | | | 2,609,487 | |
| | | | | 470,000 | | | Macquarie Bank Ltd.
2.40%, 01/21/2020(3) | | | 467,961 | |
| | | | | | | | Merrill Lynch & Co., Inc. | |
| | | | | 1,000,000 | | | 6.40%, 08/28/2017 | | | 1,096,438 | |
| | | | | 6,000,000 | | | 6.88%, 04/25/2018 | | | 6,778,086 | |
| | | | | | | | Morgan Stanley | |
| | | | | 4,875,000 | | | 2.50%, 01/24/2019 | | | 4,920,216 | |
| | | | | 1,000,000 | | | 3.70%, 10/23/2024 | | | 995,951 | |
| | | | | 515,000 | | | 4.30%, 01/27/2045 | | | 481,214 | |
| | | | | 250,000 | | | 5.63%, 09/23/2019 | | | 280,149 | |
| | | | | 4,250,000 | | | National City Corp.
6.88%, 05/15/2019 | | | 4,928,835 | |
| | | | | 4,795,000 | | | Sovereign Bancorp, Inc.
8.75%, 05/30/2018 | | | 5,589,124 | |
| | | | | 780,000 | | | U.S. Bancorp
3.70%, 01/30/2024 | | | 807,506 | |
| | | | | 235,000 | | | UBS AG Stamford CT
5.88%, 12/20/2017 | | | 258,528 | |
| | | | | 1,000,000 | | | Wachovia Corp.
5.75%, 06/15/2017 | | | 1,086,175 | |
| | | | | 4,344,000 | | | Wells Fargo & Co.
4.48%, 01/16/2024 | | | 4,573,107 | |
| | | | | | | | | | | | |
| | | | | | | | 105,040,230 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Services - 0.2% | |
| | | | | 765,000 | | | Catholic Health Initiatives
2.60%, 08/01/2018 | | | 777,886 | |
| | | | | | | | ERAC USA Finance Co. | |
| | | | | 655,000 | | | 2.35%, 10/15/2019(3) | | | 650,717 | |
| | | | | 340,000 | | | 2.75%, 03/15/2017(3) | | | 348,287 | |
| | | | | 1,800,000 | | | 4.50%, 08/16/2021(3) | | | 1,943,305 | |
| | | | | 1,500,000 | | | 5.63%, 03/15/2042(3) | | | 1,607,529 | |
| | | | | | | | | | | | |
| | | | | | | | 5,327,724 | |
| | | | | | | | | | | | |
| | | | | | | Country Funds-Closed-end - 0.1% | |
| | | | | 2,475,000 | | | CDP Financial, Inc.
4.40%, 11/25/2019(3) | | | 2,707,893 | |
| | | | | | | | | | | | |
| | | | | | | Diversified Financial Services - 1.1% | |
| | | | | 1,655,000 | | | Capital One Bank
2.15%, 11/21/2018 | | | 1,653,057 | |
| | | | | 3,620,000 | | | Discover Financial Services
6.45%, 06/12/2017 | | | 3,931,606 | |
| | | | | 614,000 | | | Eaton Vance Corp.
6.50%, 10/02/2017 | | | 676,819 | |
| | | | | | | | General Electric Capital Corp. | |
| | | | | 4,300,000 | | | 4.63%, 01/07/2021 | | | 4,734,313 | |
| | | | | 5,000,000 | | | 5.88%, 01/14/2038 | | | 5,980,150 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | Diversified Financial Services - 1.1% - (continued) | |
| | $ | | | | 10,746,929 | | | Postal Square L.P.
8.95%, 06/15/2022 | | $ | 13,025,998 | |
| | | | | | | | Synchrony Financial | |
| | | | | 520,000 | | | 2.70%, 02/03/2020 | | | 513,664 | |
| | | | | 355,000 | | | 3.00%, 08/15/2019 | | | 357,527 | |
| | | | | | | | | | | | |
| | | | | | | | 30,873,134 | |
| | | | | | | | | | | | |
| | | | | | | Electric - 0.7% | |
| | | | | 1,700,000 | | | Berkshire Hathaway Energy Co.
4.50%, 02/01/2045 | | | 1,673,016 | |
| | | | | 2,605,000 | | | Consolidated Edison Co. of New York, Inc.
5.30%, 12/01/2016 | | | 2,744,758 | |
| | | | | 2,850,000 | | | Dominion Resources, Inc.
3.63%, 12/01/2024 | | | 2,826,049 | |
| | | | | | | | Electricitie De France | |
| | | | | 385,000 | | | 4.88%, 01/22/2044(3) | | | 401,612 | |
| | | | | 2,375,000 | | | 5.63%, 01/22/2024(3)(4)(5) | | | 2,415,375 | |
| | | | | 285,000 | | | Eversource Energy
3.15%, 01/15/2025 | | | 275,372 | |
| | | | | 1,275,000 | | | Indianapolis Power and Light
6.60%, 06/01/2037(3) | | | 1,599,278 | |
| | | | | 340,000 | | | NiSource Finance Corp.
4.80%, 02/15/2044 | | | 346,680 | |
| | | | | | | | Pacific Gas & Electric Co. | |
| | | | | 695,000 | | | 3.85%, 11/15/2023 | | | 720,923 | |
| | | | | 435,000 | | | 5.13%, 11/15/2043 | | | 470,392 | |
| | | | | 4,000,000 | | | Southern California Edison Co. 5.55%, 01/15/2037 | | | 4,652,008 | |
| | | | | 1,795,000 | | | State Grid Overseas Investment 2.75%, 05/07/2019(3) | | | 1,813,128 | |
| | | | | | | | | | | | |
| | | | | | | | 19,938,591 | |
| | | | | | | | | | | | |
| | | | | | | Food - 0.4% | |
| | | | | 210,000 | | | ConAgra Foods, Inc.
1.90%, 01/25/2018 | | | 206,871 | |
| | | | | 630,000 | | | Grupo Bimbo S.A.B. de C.V.
3.88%, 06/27/2024(3) | | | 627,902 | |
| | | | | 2,030,000 | | | HJ Heinz Co.
3.50%, 07/15/2022(3)(6) | | | 2,034,763 | |
| | | | | 555,000 | | | Kraft Foods Group, Inc.
2.25%, 06/05/2017 | | | 562,571 | |
| | | | | | | | Kroger Co. | |
| | | | | 620,000 | | | 3.30%, 01/15/2021 | | | 632,826 | |
| | | | | 1,065,000 | | | 4.00%, 02/01/2024 | | | 1,099,936 | |
| | | | | | | | Mondelez International, Inc. | |
| | | | | 225,000 | | | 4.00%, 02/01/2024 | | | 233,038 | |
| | | | | 3,800,000 | | | 4.13%, 02/09/2016 | | | 3,872,189 | |
| | | | | | | | Sysco Corp. | |
| | | | | 415,000 | | | 3.00%, 10/02/2021 | | | 419,150 | |
| | | | | 235,000 | | | 3.50%, 10/02/2024 | | | 237,350 | |
| | | | | 340,000 | | | 4.35%, 10/02/2034 | | | 343,400 | |
| | | | | | | | | | | | |
| | | | | | | | 10,269,996 | |
| | | | | | | | | | | | |
| | | | | | | Gas - 0.2% | |
| | | | | 5,875,000 | | | Atmos Energy Corp.
6.35%, 06/15/2017 | | | 6,446,961 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Products - 0.1% | |
| | | | | | | | Medtronic, Inc. | |
| | | | | 545,000 | | | 2.50%, 03/15/2020(3) | | | 545,910 | |
| | | | | 775,000 | | | 3.15%, 03/15/2022(3) | | | 778,472 | |
| | | | | 1,230,000 | | | 3.50%, 03/15/2025(3) | | | 1,225,802 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | Healthcare-Products - 0.1% - (continued) | |
| | $ | | | | 310,000 | | | 3.63%, 03/15/2024(3) | | $ | 317,795 | |
| | | | | 205,000 | | | 4.38%, 03/15/2035(3) | | | 203,427 | |
| | | | | | | | | | | | |
| | | | | | | | 3,071,406 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Services - 0.2% | |
| | | | | 421,000 | | | Anthem, Inc.
3.30%, 01/15/2023 | | | 404,621 | |
| | | | | 2,125,000 | | | Cigna Corp.
3.25%, 04/15/2025 | | | 2,038,342 | |
| | | | | | | | Dignity Health | |
| | | | | 180,000 | | | 2.64%, 11/01/2019 | | | 181,800 | |
| | | | | 380,000 | | | 3.81%, 11/01/2024 | | | 389,158 | |
| | | | | | | | Kaiser Foundation Hospitals | |
| | | | | 521,000 | | | 3.50%, 04/01/2022 | | | 527,498 | |
| | | | | 640,000 | | | 4.88%, 04/01/2042 | | | 669,563 | |
| | | | | 385,000 | | | Memorial Sloan-Kettering Cancer Center
4.20%, 07/01/2055 | | | 347,659 | |
| | | | | 950,000 | | | NewYork-Presbyterian Hospital
4.02%, 08/01/2045 | | | 866,598 | |
| | | | | | | | | | | | |
| | | | | | | | 5,425,239 | |
| | | | | | | | | | | | |
| | | | | | | Holding Companies-Diversified - 0.0% | |
| | | | | 1,000,000 | | | Hutchison Whampoa International Ltd.
3.63%, 10/31/2024(3) | | | 983,763 | |
| | | | | | | | | | | | |
| | | | | | | Household Products - 0.3% | |
| | | | | 7,326,976 | | | Procter & Gamble Co.
9.36%, 01/01/2021 | | | 8,905,375 | |
| | | | | | | | | | | | |
| | | | | | | Insurance - 0.3% | |
| | | | | 840,000 | | | Ace INA Holdings, Inc.
3.35%, 05/15/2024 | | | 841,163 | |
| | | | | 1,570,000 | | | American International Group, Inc.
3.88%, 01/15/2035 | | | 1,418,076 | |
| | | | | 200,000 | | | Five Corners Funding Trust
4.42%, 11/15/2023(3) | | | 206,592 | |
| | | | | 550,000 | | | Liberty Mutual Group, Inc.
4.25%, 06/15/2023(3) | | | 565,623 | |
| | | | | 835,000 | | | Loews Corp.
2.63%, 05/15/2023 | | | 798,403 | |
| | | | | | | | MetLife, Inc. | |
| | | | | 305,000 | | | 1.90%, 12/15/2017 | | | 306,340 | |
| | | | | 2,205,000 | | | 3.60%, 04/10/2024 | | | 2,223,674 | |
| | | | | 795,000 | | | 4.88%, 11/13/2043 | | | 825,095 | |
| | | | | 1,500,000 | | | Prudential Financial, Inc.
3.50%, 05/15/2024 | | | 1,482,888 | |
| | | | | 505,000 | | | Teachers Insurance & Annuity Association of America
4.90%, 09/15/2044(3) | | | 514,979 | |
| | | | | | | | | | | | |
| | | | | | | | 9,182,833 | |
| | | | | | | | | | | | |
| | | | | | | Internet - 0.1% | |
| | | | | 200,000 | | | Alibaba Group Holding Ltd.
2.50%, 11/28/2019(3) | | | 197,817 | |
| | | | | | | | Amazon.com, Inc. | |
| | | | | 1,250,000 | | | 2.50%, 11/29/2022 | | | 1,183,911 | |
| | | | | 465,000 | | | 4.80%, 12/05/2034 | | | 461,881 | |
| | | | | 570,000 | | | 4.95%, 12/05/2044 | | | 555,462 | |
| | | | | | | | | | | | |
| | | | | | | | 2,399,071 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | IT Services - 0.2% | |
| | | | | | | | Apple, Inc. | |
| | $ | | | | 1,500,000 | | | 2.85%, 05/06/2021 | | $ | 1,522,047 | |
| | | | | 1,360,000 | | | 3.45%, 05/06/2024 | | | 1,386,838 | |
| | | | | 175,000 | | | 4.45%, 05/06/2044 | | | 174,753 | |
| | | | | 1,851,000 | | | EMC Corp.
1.88%, 06/01/2018 | | | 1,854,588 | |
| | | | | | | | | | | | |
| | | | | | | | 4,938,226 | |
| | | | | | | | | | | | |
| | | | | | | Machinery-Construction & Mining - 0.1% | |
| | | | | 2,000,000 | | | Caterpillar Financial Services Corp.
3.30%, 06/09/2024 | | | 2,015,160 | |
| | | | | | | | Caterpillar, Inc. | |
| | | | | 835,000 | | | 3.40%, 05/15/2024 | | | 847,700 | |
| | | | | 450,000 | | | 4.30%, 05/15/2044 | | | 442,057 | |
| | | | | | | | | | | | |
| | | | | | | | 3,304,917 | |
| | | | | | | | | | | | |
| | | | | | | Media - 0.7% | |
| | | | | | | | 21st Century Fox America, Inc. | |
| | | | | 385,000 | | | 4.00%, 10/01/2023 | | | 396,666 | |
| | | | | 1,275,000 | | | 4.50%, 02/15/2021 | | | 1,384,260 | |
| | | | | 2,450,000 | | | Comcast Corp.
4.40%, 08/15/2035 | | | 2,432,781 | |
| | | | | 2,320,000 | | | Cox Communications, Inc.
4.80%, 02/01/2035(3) | | | 2,141,492 | |
| | | | | | | | DirecTV Holdings LLC | |
| | | | | 355,000 | | | 3.95%, 01/15/2025 | | | 348,047 | |
| | | | | 2,185,000 | | | 4.45%, 04/01/2024 | | | 2,235,932 | |
| | | | | 280,000 | | | Discovery Communications, Inc.
3.25%, 04/01/2023 | | | 269,542 | |
| | | | | 420,000 | | | Grupo Televisa S.A.B. de C.V.
5.00%, 05/13/2045 | | | 400,680 | |
| | | | | | | | Sky plc | |
| | | | | 1,265,000 | | | 2.63%, 09/16/2019(3) | | | 1,256,436 | |
| | | | | 2,386,000 | | | 3.75%, 09/16/2024(3) | | | 2,329,344 | |
| | | | | | | | Time Warner Cable, Inc. | |
| | | | | 4,120,000 | | | 5.85%, 05/01/2017 | | | 4,399,616 | |
| | | | | 395,000 | | | 6.55%, 05/01/2037 | | | 411,205 | |
| | | | | 250,000 | | | 7.30%, 07/01/2038 | | | 281,677 | |
| | | | | 480,000 | | | 8.25%, 04/01/2019 | | | 564,526 | |
| | | | | 40,000 | | | 8.75%, 02/14/2019 | | | 47,506 | |
| | | | | 130,000 | | | Time Warner Entertainment Co., L.P.
8.38%, 03/15/2023 | | | 161,605 | |
| | | | | 835,000 | | | Viacom, Inc.
3.88%, 12/15/2021 | | | 847,047 | |
| | | | | | | | | | | | |
| | | | | | | | 19,908,362 | |
| | | | | | | | | | | | |
| | | | | | | Mining - 0.1% | |
| | | | | 1,720,000 | | | BHP Billiton Finance USA Ltd.
3.85%, 09/30/2023 | | | 1,766,210 | |
| | | | | 1,905,000 | | | Rio Tinto Finance USA Ltd.
3.75%, 09/20/2021 | | | 1,974,191 | |
| | | | | | | | | | | | |
| | | | | | | | 3,740,401 | |
| | | | | | | | | | | | |
| | | | | | | Miscellaneous Manufacturing - 0.0% | |
| | | | | 450,000 | | | Parker-Hannifin Corp.
4.45%, 11/21/2044 | | | 453,388 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas - 1.0% | |
| | | | | 2,450,000 | | | BG Energy Capital plc
4.00%, 10/15/2021(3) | | | 2,599,097 | |
| | | | | | | | BP Capital Markets plc | |
| | | | | 655,000 | | | 2.32%, 02/13/2020 | | | 652,392 | |
| | | | | 1,640,000 | | | 3.51%, 03/17/2025 | | | 1,617,306 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | Oil & Gas - 1.0% - (continued) | |
| | $ | | | | 140,000 | | | 3.99%, 09/26/2023 | | $ | 144,884 | |
| | | | | 2,850,000 | | | 4.75%, 03/10/2019 | | | 3,118,362 | |
| | | | | | | | ConocoPhillips Co. | |
| | | | | 200,000 | | | 2.88%, 11/15/2021 | | | 201,737 | |
| | | | | 395,000 | | | 4.30%, 11/15/2044 | | | 377,627 | |
| | | | | | | | Devon Energy Corp. | |
| | | | | 370,000 | | | 3.25%, 05/15/2022 | | | 365,695 | |
| | | | | 705,000 | | | 5.00%, 06/15/2045 | | | 695,986 | |
| | | | | 2,785,000 | | | EnCana Corp.
6.50%, 05/15/2019 | | | 3,161,808 | |
| | | | | 360,000 | | | Phillips 66
4.88%, 11/15/2044 | | | 343,848 | |
| | | | | 3,540,000 | | | Pioneer Natural Resources Co.
7.50%, 01/15/2020 | | | 4,165,129 | |
| | | | | 500,000 | | | Shell International Finance B.V.
4.38%, 03/25/2020 | | | 547,386 | |
| | | | | 3,950,000 | | | Sinopec Group Overseas Development 2015 Ltd.
2.50%, 04/28/2020(3) | | | 3,890,513 | |
| | | | | | | | Statoil ASA | |
| | | | | 340,000 | | | 2.25%, 11/08/2019 | | | 341,023 | |
| | | | | 160,000 | | | 2.45%, 01/17/2023 | | | 154,196 | |
| | | | | 145,000 | | | 2.65%, 01/15/2024 | | | 138,760 | |
| | | | | 495,000 | | | 2.75%, 11/10/2021 | | | 494,355 | |
| | | | | 1,850,000 | | | 2.90%, 11/08/2020 | | | 1,895,438 | |
| | | | | 210,000 | | | 3.25%, 11/10/2024 | | | 208,797 | |
| | | | | 45,000 | | | 3.70%, 03/01/2024 | | | 46,510 | |
| | | | | 615,000 | | | Suncor Energy, Inc.
3.60%, 12/01/2024 | | | 612,000 | |
| | | | | 1,375,000 | | | Total Capital International S.A.
2.70%, 01/25/2023 | | | 1,335,357 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 27,108,206 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas Services - 0.1% | |
| | | | | 1,625,000 | | | Schlumberger Investment S.A.
3.65%, 12/01/2023 | | | 1,679,307 | |
| | | | | | | | | | | | |
| | | | | | | Pharmaceuticals - 0.9% | | | |
| | | | | | | | AbbVie, Inc. | |
| | | | | 435,000 | | | 2.50%, 05/14/2020 | | | 430,537 | |
| | | | | 270,000 | | | 3.20%, 11/06/2022 | | | 267,355 | |
| | | | | | | | Actavis Funding SCS | |
| | | | | 1,035,000 | | | 3.00%, 03/12/2020 | | | 1,037,347 | |
| | | | | 1,400,000 | | | 3.45%, 03/15/2022 | | | 1,386,739 | |
| | | | | 655,000 | | | 3.80%, 03/15/2025 | | | 643,421 | |
| | | | | 1,200,000 | | | 4.85%, 06/15/2044 | | | 1,157,753 | |
| | | | | 710,000 | | | Baxalta, Inc.
3.60%, 06/23/2022(3) | | | 709,561 | |
| | | | | | | | Bayer US Finance LLC | |
| | | | | 260,000 | | | 2.38%, 10/08/2019(3) | | | 260,922 | |
| | | | | 1,215,000 | | | 3.00%, 10/08/2021(3) | | | 1,223,840 | |
| | | | | 395,000 | | | 3.38%, 10/08/2024(3) | | | 392,920 | |
| | | | | | | | Cardinal Health, Inc. | |
| | | | | 990,000 | | | 2.40%, 11/15/2019 | | | 982,012 | |
| | | | | 880,000 | | | 3.50%, 11/15/2024 | | | 865,372 | |
| | | | | 1,035,000 | | | 4.50%, 11/15/2044 | | | 982,673 | |
| | | | | 450,000 | | | Eli Lilly & Co.
2.75%, 06/01/2025 | | | 434,727 | |
| | | | | | | | EMD Finance LLC | |
| | | | | 2,015,000 | | | 2.95%, 03/19/2022(3) | | | 1,972,254 | |
| | | | | 3,000,000 | | | 3.25%, 03/19/2025(3) | | | 2,911,797 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | Pharmaceuticals - 0.9% - (continued) | | | |
| | | | | | | | Express Scripts Holding Co. | |
| | $ | | | | 1,525,000 | | | 2.25%, 06/15/2019 | | $ | 1,512,652 | |
| | | | | 2,195,000 | | | 3.50%, 06/15/2024 | | | 2,146,829 | |
| | | | | 305,000 | | | Forest Laboratories, Inc.
4.88%, 02/15/2021(3) | | | 330,686 | |
| | | | | | | | McKesson Corp. | |
| | | | | 100,000 | | | 2.85%, 03/15/2023 | | | 95,507 | |
| | | | | 990,000 | | | 3.80%, 03/15/2024 | | | 1,001,384 | |
| | | | | | | | Merck & Co., Inc. | |
| | | | | 1,960,000 | | | 2.75%, 02/10/2025 | | | 1,879,513 | |
| | | | | 1,640,000 | | | 2.80%, 05/18/2023 | | | 1,613,575 | |
| | | | | 630,000 | | | 4.15%, 05/18/2043 | | | 612,376 | |
| | | | | | | | | | | | |
| | | | | | | | 24,851,752 | |
| | | | | | | | | | | | |
| | | | | | | Pipelines - 0.4% | |
| | | | | 990,000 | | | Columbia Pipeline Group, Inc.
2.45%, 06/01/2018(3) | | | 997,645 | |
| | | | | 2,600,000 | | | Energy Transfer Partners L.P.
5.15%, 03/15/2045 | | | 2,297,240 | |
| | | | | 2,850,000 | | | Kinder Morgan Energy Partners L.P.
6.95%, 01/15/2038 | | | 3,062,855 | |
| | | | | 2,425,000 | | | Phillips 66 Partners L.P.
3.61%, 02/15/2025 | | | 2,282,192 | |
| | | | | 2,470,000 | | | Western Gas Partners L.P.
4.00%, 07/01/2022 | | | 2,478,561 | |
| | | | | | | | | | | | |
| | | | | | | | 11,118,493 | |
| | | | | | | | | | | | |
| | | | | | | Real Estate - 0.1% | |
| | | | | | | | WEA Finance LLC / Westfield UK & Europe Finance plc | |
| | | | | 480,000 | | | 1.75%, 09/15/2017(3) | | | 481,339 | |
| | | | | 730,000 | | | 2.70%, 09/17/2019(3) | | | 731,075 | |
| | | | | | | | | | | | |
| | | | | | | | 1,212,414 | |
| | | | | | | | | | | | |
| | | | | | | Real Estate Investment Trusts - 0.4% | |
| | | | | 975,000 | | | American Tower Corp.
3.45%, 09/15/2021 | | | 970,299 | |
| | | | | 760,000 | | | Avalonbay Communities, Inc.
3.63%, 10/01/2020 | | | 791,821 | |
| | | | | 2,010,000 | | | Brandywine Operating Partnership L.P.
6.00%, 04/01/2016 | | | 2,075,239 | |
| | | | | | | | HCP, Inc. | |
| | | | | 2,960,000 | | | 4.00%, 06/01/2025 | | | 2,897,849 | |
| | | | | 2,030,000 | | | 6.00%, 01/30/2017 | | | 2,165,509 | |
| | | | | 1,735,000 | | | Scentre Group
2.38%, 11/05/2019(3) | | | 1,728,823 | |
| | | | | | | | | | | | |
| | | | | | | | 10,629,540 | |
| | | | | | | | | | | | |
| | | | | | | Retail - 0.3% | |
| | | | | | | | AutoZone, Inc. | |
| | | | | 900,000 | | | 3.13%, 07/15/2023 | | | 872,784 | |
| | | | | 1,908,000 | | | 3.70%, 04/15/2022 | | | 1,956,293 | |
| | | | | 2,100,000 | | | CVS Health Corp.
4.00%, 12/05/2023 | | | 2,169,275 | |
| | | | | 325,000 | | | Home Depot, Inc.
4.40%, 03/15/2045 | | | 324,532 | |
| | | | | 2,650,000 | | | Lowe’s Cos., Inc.
4.63%, 04/15/2020 | | | 2,900,923 | |
| | | | | | | | | | | | |
| | | | | | | | 8,223,807 | |
| | | | | | | | | | | | |
| | | | | | | Savings & Loans - 0.1% | |
| | | | | 1,610,000 | | | Nationwide Building Society
2.35%, 01/21/2020(3) | | | 1,604,363 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 14.2% - (continued) | |
| | | | | | | Telecommunications - 0.7% | |
| | | | | | | | America Movil S.A.B. de C.V. | |
| | $ | | | | 635,000 | | | 3.13%, 07/16/2022 | | $ | 626,517 | |
| | | | | 530,000 | | | 4.38%, 07/16/2042 | | | 492,190 | |
| | | | | 1,000,000 | | | AT&T, Inc.
6.80%, 05/15/2036 | | | 1,163,696 | |
| | | | | 715,000 | | | GTP Acquisition Partners I LLC
2.35%, 06/15/2045(3) | | | 712,771 | |
| | | | | 3,200,000 | | | Orange S.A.
4.13%, 09/14/2021 | | | 3,384,851 | |
| | | | | | | | Verizon Communications, Inc. | |
| | | | | 425,000 | | | 3.45%, 03/15/2021 | | | 433,214 | |
| | | | | 2,415,000 | | | 3.50%, 11/01/2021 | | | 2,448,247 | |
| | | | | 4,795,000 | | | 4.50%, 09/15/2020 | | | 5,172,534 | |
| | | | | 2,386,000 | | | 4.52%, 09/15/2048(3) | | | 2,096,142 | |
| | | | | 715,000 | | | 4.75%, 11/01/2041 | | | 669,739 | |
| | | | | 263,000 | | | 6.40%, 09/15/2033 | | | 301,382 | |
| | | | | | | | | | | | |
| | | | | | | | 17,501,283 | |
| | | | | | | | | | | | |
| | | | | | | Transportation - 0.1% | |
| | | | | | | | FedEx Corp. | |
| | | | | 270,000 | | | 2.63%, 08/01/2022 | | | 261,719 | |
| | | | | 405,000 | | | 2.70%, 04/15/2023 | | | 388,674 | |
| | | | | 845,000 | | | 4.90%, 01/15/2034 | | | 876,002 | |
| | | | | 1,435,000 | | | 5.10%, 01/15/2044 | | | 1,480,307 | |
| | | | | | | | 3,006,702 | |
| | | | | | | | | | | | |
| | | | | | | | Total Corporate Bonds
(cost $375,352,068) | | $ | 390,278,752 | |
| | | | | | | | | | | | |
| FOREIGN GOVERNMENT OBLIGATIONS - 0.1% | | | |
| | | | | | | Mexico - 0.1% | |
| | | | | | | | Mexico Government International Bond | |
| | $ | | | | 1,674,000 | | | 3.50%, 01/21/2021 | | | 1,707,480 | |
| | | | | 2,375,000 | | | 3.60%, 01/30/2025 | | | 2,341,750 | |
| | | | | | | | | | | | |
| | | | | | | | Total Foreign Government Obligations
(cost $4,022,208) | | $ | 4,049,230 | |
| | | | | | | | | | | | |
| MUNICIPAL BONDS - 1.2% | |
| | | | | | | General - 0.0% | |
| | $ | | | | 495,000 | | | Chicago Transit Auth.
6.90%, 12/01/2040 | | $ | 570,324 | |
| | | | | | | | | | | | |
| | | | | | | General Obligation - 0.3% | |
| | | | | 1,235,000 | | | California State GO, Taxable
7.55%, 04/01/2039 | | | 1,785,279 | |
| | | | | 685,000 | | | Chicago, IL, Metropolitan Water Reclamation GO
5.72%, 12/01/2038 | | | 809,314 | |
| | | | | 1,120,000 | | | Illinois State, GO
5.10%, 06/01/2033 | | | 1,043,784 | |
| | | | | 4,300,000 | | | Los Angeles, CA, USD GO
5.75%, 07/01/2034 | | | 5,159,183 | |
| | | | | | | | | | | | |
| | | | | | | | 8,797,560 | |
| | | | | | | | | | | | |
| | | | | | | Higher Education - 0.1% | |
| | | | | 1,960,000 | | | University of California, Build America Bonds Rev
5.77%, 05/15/2043 | | | 2,387,397 | |
| | | | | | | | | | | | |
| | | | | | | Medical - 0.1% | |
| | | | | 1,935,000 | | | University of California, Regents MedCenter Pooled Rev
6.58%, 05/15/2049 | | | 2,422,968 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| MUNICIPAL BONDS - 1.2% - (continued) | |
| | | | | | | Power - 0.0% | |
| | $ | | | | 485,000 | | | Utility Debt Securitization Auth, New York
3.44%, 12/15/2025 | | $ | 501,781 | |
| | | | | | | | | | | | |
| | | | | | | Transportation - 0.6% | |
| | | | | 3,100,000 | | | Bay Area, CA, Toll Auth Bridge Rev
6.26%, 04/01/2049 | | | 4,006,812 | |
| | | | | 2,200,000 | | | Dallas, TX, Area Rapid Transit Sales Tax Rev
6.00%, 12/01/2044 | | | 2,791,030 | |
| | | | | 1,875,000 | | | Illinois State Toll Highway Auth, Taxable Rev
6.18%, 01/01/2034 | | | 2,336,512 | |
| | | | | 1,050,000 | | | Maryland State Transportation Auth
5.89%, 07/01/2043 | | | 1,313,403 | |
| | | | | | | | New York and New Jersey PA, Taxable Rev | | | | |
| | | | | 975,000 | | | 5.86%, 12/01/2024 | | | 1,175,158 | |
| | | | | 570,000 | | | 6.04%, 12/01/2029 | | | 701,790 | |
| | | | | 3,000,000 | | | North Texas Tollway Auth Rev
6.72%, 01/01/2049 | | | 4,136,430 | |
| | | | | | | | | | | | |
| | | | | | | | 16,461,135 | |
| | | | | | | | | | | | |
| | | | | | | Utility - Electric - 0.1% | |
| | | | | 775,000 | | | Municipal Elec Auth Georgia
6.64%, 04/01/2057 | | | 939,060 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Municipal Bonds
(cost $26,342,486) | | $ | 32,080,225 | |
| | | | | | | | | | | | |
| U.S. GOVERNMENT AGENCIES - 1.5% | | | |
| | | | | | | FHLMC - 0.4% | |
| | $ | | | | 76,102 | | | 2.36%, 04/01/2029(4) | | $ | 78,916 | |
| | | | | 46,166 | | | 4.00%, 03/01/2041 | | | 48,986 | |
| | | | | 1,234,320 | | | 4.50%, 08/01/2033 | | | 1,338,153 | |
| | | | | 464,089 | | | 4.50%, 09/01/2033 | | | 502,747 | |
| | | | | 27,324 | | | 4.50%, 12/01/2034 | | | 29,643 | |
| | | | | 60,762 | | | 4.50%, 05/01/2035 | | | 65,686 | |
| | | | | 13,781 | | | 4.50%, 09/01/2035 | | | 14,944 | |
| | | | | 54,965 | | | 4.50%, 09/01/2035 | | | 59,556 | |
| | | | | 67,948 | | | 4.50%, 12/01/2035 | | | 73,326 | |
| | | | | 1,144,183 | | | 4.50%, 10/01/2039 | | | 1,238,540 | |
| | | | | 335,505 | | | 4.50%, 10/01/2039 | | | 363,304 | |
| | | | | 195,705 | | | 4.50%, 01/01/2040 | | | 211,911 | |
| | | | | 9,951 | | | 4.50%, 04/01/2040 | | | 10,746 | |
| | | | | 47,338 | | | 4.50%, 09/01/2040 | | | 51,807 | |
| | | | | 386,764 | | | 4.50%, 02/01/2041 | | | 418,924 | |
| | | | | 659,570 | | | 4.50%, 10/01/2041 | | | 712,476 | |
| | | | | 114,744 | | | 4.50%, 11/01/2043 | | | 124,469 | |
| | | | | 4,421,906 | | | 4.50%, 01/01/2044 | | | 4,782,030 | |
| | | | | | | | | | | | |
| | | | | | | | 10,126,164 | |
| | | | | | | | | | | | |
| | | | | | | FNMA - 0.8% | |
| | | | | 10,000,000 | | | 3.00%, 07/01/2045(6)(7) | | | 9,962,695 | |
| | | | | 156,222 | | | 4.50%, 11/01/2023 | | | 168,893 | |
| | | | | 242,591 | | | 4.50%, 03/01/2038 | | | 262,987 | |
| | | | | 160,800 | | | 4.50%, 11/01/2039 | | | 174,109 | |
| | | | | 221,916 | | | 4.50%, 04/01/2040 | | | 239,951 | |
| | | | | 86,361 | | | 4.50%, 04/01/2040 | | | 94,293 | |
| | | | | 232,547 | | | 4.50%, 05/01/2040 | | | 251,961 | |
| | | | | 334,470 | | | 4.50%, 08/01/2040 | | | 362,663 | |
| | | | | 246,574 | | | 4.50%, 08/01/2040 | | | 267,247 | |
| | | | | 154,537 | | | 4.50%, 11/01/2040 | | | 167,496 | |
| | | | | 86,890 | | | 4.50%, 02/01/2041 | | | 94,140 | |
| | | | | 84,187 | | | 4.50%, 03/01/2041 | | | 91,261 | |
| | | | | 157,357 | | | 4.50%, 03/01/2041 | | | 170,370 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 1.5% - (continued) | | | |
| | | | | | | FNMA - 0.8% - (continued) | |
| | $ | | | | 355,760 | | | 4.50%, 04/01/2041 | | $ | 385,590 | |
| | | | | 556,278 | | | 4.50%, 04/01/2041 | | | 602,867 | |
| | | | | 13,265 | | | 4.50%, 04/01/2041 | | | 14,382 | |
| | | | | 572,844 | | | 4.50%, 04/01/2041 | | | 620,615 | |
| | | | | 118,972 | | | 4.50%, 05/01/2041 | | | 128,621 | |
| | | | | 791,859 | | | 4.50%, 06/01/2041 | | | 858,839 | |
| | | | | 1,041,285 | | | 4.50%, 07/01/2041 | | | 1,128,977 | |
| | | | | 400,482 | | | 4.50%, 09/01/2041 | | | 434,364 | |
| | | | | 24,046 | | | 4.50%, 11/01/2043 | | | 25,997 | |
| | | | | 555,839 | | | 4.50%, 06/01/2044 | | | 602,513 | |
| | | | | 281,577 | | | 4.50%, 07/01/2044 | | | 305,092 | |
| | | | | 5,800,000 | | | 4.50%, 07/01/2045(6)(7) | | | 6,270,344 | |
| | | | | 6,013 | | | 5.00%, 02/01/2019 | | | 6,303 | |
| | | | | 62,176 | | | 5.00%, 04/01/2019 | | | 65,445 | |
| | | | | | | | | | | | |
| | | | | | | | 23,758,015 | |
| | | | | | | | | | | | |
| | | | | | | GNMA - 0.3% | |
| | | | | 195,428 | | | 5.00%, 07/15/2037 | | | 217,499 | |
| | | | | 3,957 | | | 6.00%, 06/15/2024 | | | 4,484 | |
| | | | | 24,304 | | | 6.00%, 06/15/2024 | | | 27,777 | |
| | | | | 7,107 | | | 6.00%, 07/15/2026 | | | 8,051 | |
| | | | | 13,193 | | | 6.00%, 01/15/2028 | | | 14,944 | |
| | | | | 3,313 | | | 6.00%, 03/15/2028 | | | 3,866 | |
| | | | | 23,510 | | | 6.00%, 04/15/2028 | | | 26,882 | |
| | | | | 2,340 | | | 6.00%, 04/15/2028 | | | 2,651 | |
| | | | | 13,962 | | | 6.00%, 04/15/2028 | | | 15,819 | |
| | | | | 506 | | | 6.00%, 04/15/2028 | | | 573 | |
| | | | | 44,422 | | | 6.00%, 04/15/2028 | | | 50,366 | |
| | | | | 10,572 | | | 6.00%, 04/15/2028 | | | 11,990 | |
| | | | | 7,968 | | | 6.00%, 04/15/2028 | | | 9,312 | |
| | | | | 12,882 | | | 6.00%, 05/15/2028 | | | 14,603 | |
| | | | | 30,450 | | | 6.00%, 05/15/2028 | | | 34,499 | |
| | | | | 69,383 | | | 6.00%, 05/15/2028 | | | 78,589 | |
| | | | | 5,855 | | | 6.00%, 05/15/2028 | | | 6,632 | |
| | | | | 876 | | | 6.00%, 06/15/2028 | | | 993 | |
| | | | | 3,847 | | | 6.00%, 06/15/2028 | | | 4,359 | |
| | | | | 25,849 | | | 6.00%, 06/15/2028 | | | 29,304 | |
| | | | | 40,677 | | | 6.00%, 07/15/2028 | | | 46,075 | |
| | | | | 63,221 | | | 6.00%, 07/15/2028 | | | 72,252 | |
| | | | | 8,155 | | | 6.00%, 08/15/2028 | | | 9,238 | |
| | | | | 20,557 | | | 6.00%, 08/15/2028 | | | 23,605 | |
| | | | | 34,370 | | | 6.00%, 09/15/2028 | | | 39,456 | |
| | | | | 35,777 | | | 6.00%, 09/15/2028 | | | 40,524 | |
| | | | | 29,142 | | | 6.00%, 09/15/2028 | | | 33,037 | |
| | | | | 4,079 | | | 6.00%, 09/15/2028 | | | 4,621 | |
| | | | | 36,476 | | | 6.00%, 10/15/2028 | | | 41,666 | |
| | | | | 7,317 | | | 6.00%, 10/15/2028 | | | 8,288 | |
| | | | | 26,825 | | | 6.00%, 10/15/2028 | | | 31,015 | |
| | | | | 36,024 | | | 6.00%, 10/15/2028 | | | 40,813 | |
| | | | | 29,276 | | | 6.00%, 10/15/2028 | | | 33,160 | |
| | | | | 14,048 | | | 6.00%, 10/15/2028 | | | 15,916 | |
| | | | | 72,979 | | | 6.00%, 10/15/2028 | | | 82,769 | |
| | | | | 4,957 | | | 6.00%, 10/15/2028 | | | 5,616 | |
| | | | | 43,496 | | | 6.00%, 11/15/2028 | | | 49,756 | |
| | | | | 40,449 | | | 6.00%, 11/15/2028 | | | 45,843 | |
| | | | | 8,701 | | | 6.00%, 11/15/2028 | | | 9,868 | |
| | | | | 105,803 | | | 6.00%, 11/15/2028 | | | 119,898 | |
| | | | | 21,983 | | | 6.00%, 11/15/2028 | | | 24,910 | |
| | | | | 157,281 | | | 6.00%, 11/15/2028 | | | 178,230 | |
| | | | | 19,238 | | | 6.00%, 11/15/2028 | | | 22,364 | |
| | | | | 63,831 | | | 6.00%, 11/15/2028 | | | 72,327 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 1.5% - (continued) | | | |
| | | | | | | GNMA - 0.3% - (continued) | |
| | $ | | | | 1,355 | | | 6.00%, 12/15/2028 | | $ | 1,562 | |
| | | | | 7,455 | | | 6.00%, 12/15/2028 | | | 8,450 | |
| | | | | 26,205 | | | 6.00%, 12/15/2028 | | | 29,959 | |
| | | | | 8,873 | | | 6.00%, 12/15/2028 | | | 10,051 | |
| | | | | 18,145 | | | 6.00%, 12/15/2028 | | | 20,575 | |
| | | | | 14,605 | | | 6.00%, 12/15/2028 | | | 16,910 | |
| | | | | 10,803 | | | 6.00%, 12/15/2028 | | | 12,242 | |
| | | | | 35,976 | | | 6.00%, 12/15/2028 | | | 40,749 | |
| | | | | 51,443 | | | 6.00%, 12/15/2028 | | | 58,275 | |
| | | | | 2,586 | | | 6.00%, 12/15/2031 | | | 3,021 | |
| | | | | 2,433 | | | 6.00%, 12/15/2031 | | | 2,839 | |
| | | | | 1,728 | | | 6.00%, 12/15/2031 | | | 1,967 | |
| | | | | 43,351 | | | 6.00%, 09/15/2032 | | | 51,308 | |
| | | | | 13,755 | | | 6.00%, 11/15/2032 | | | 16,129 | |
| | | | | 21,406 | | | 6.00%, 01/15/2033 | | | 24,274 | |
| | | | | 6,169 | | | 6.00%, 04/15/2033 | | | 6,997 | |
| | | | | 162,589 | | | 6.00%, 06/15/2033 | | | 189,479 | |
| | | | | 61,170 | | | 6.00%, 10/15/2033 | | | 71,449 | |
| | | | | 8,334 | | | 6.00%, 11/15/2033 | | | 9,735 | |
| | | | | 159,128 | | | 6.00%, 10/15/2034 | | | 185,455 | |
| | | | | 64,953 | | | 6.00%, 01/15/2035 | | | 73,664 | |
| | | | | 8,418 | | | 6.00%, 05/15/2035 | | | 9,538 | |
| | | | | 26,837 | | | 6.00%, 06/15/2035 | | | 31,272 | |
| | | | | 1,258 | | | 6.50%, 03/15/2026 | | | 1,435 | |
| | | | | 756 | | | 6.50%, 04/15/2026 | | | 862 | |
| | | | | 3,198 | | | 6.50%, 01/15/2028 | | | 3,649 | |
| | | | | 3,326 | | | 6.50%, 01/15/2028 | | | 3,795 | |
| | | | | 494 | | | 6.50%, 02/15/2028 | | | 563 | |
| | | | | 32,512 | | | 6.50%, 03/15/2028 | | | 37,089 | |
| | | | | 9,213 | | | 6.50%, 03/15/2028 | | | 10,510 | |
| | | | | 2,514 | | | 6.50%, 03/15/2028 | | | 2,867 | |
| | | | | 3,758 | | | 6.50%, 03/15/2028 | | | 4,287 | |
| | | | | 11,456 | | | 6.50%, 03/15/2028 | | | 13,069 | |
| | | | | 36,809 | | | 6.50%, 03/15/2028 | | | 41,991 | |
| | | | | 702 | | | 6.50%, 03/15/2028 | | | 801 | |
| | | | | 5,923 | | | 6.50%, 04/15/2028 | | | 6,757 | |
| | | | | 9,092 | | | 6.50%, 04/15/2028 | | | 10,372 | |
| | | | | 11,924 | | | 6.50%, 04/15/2028 | | | 13,602 | |
| | | | | 9,517 | | | 6.50%, 04/15/2028 | | | 10,857 | |
| | | | | 34,564 | | | 6.50%, 04/15/2028 | | | 39,430 | |
| | | | | 5,548 | | | 6.50%, 04/15/2028 | | | 6,329 | |
| | | | | 19,671 | | | 6.50%, 04/15/2028 | | | 22,441 | |
| | | | | 13,808 | | | 6.50%, 04/15/2028 | | | 15,751 | |
| | | | | 29,951 | | | 6.50%, 04/15/2028 | | | 34,167 | |
| | | | | 4,599 | | | 6.50%, 04/15/2028 | | | 5,247 | |
| | | | | 18,725 | | | 6.50%, 04/15/2028 | | | 21,361 | |
| | | | | 2,298 | | | 6.50%, 04/15/2028 | | | 2,622 | |
| | | | | 5,946 | | | 6.50%, 04/15/2028 | | | 6,784 | |
| | | | | 10,425 | | | 6.50%, 04/15/2028 | | | 11,893 | |
| | | | | 15,628 | | | 6.50%, 05/15/2028 | | | 17,828 | |
| | | | | 47,048 | | | 6.50%, 05/15/2028 | | | 53,672 | |
| | | | | 860 | | | 6.50%, 05/15/2028 | | | 981 | |
| | | | | 48,373 | | | 6.50%, 06/15/2028 | | | 55,184 | |
| | | | | 10,763 | | | 6.50%, 06/15/2028 | | | 12,279 | |
| | | | | 380 | | | 6.50%, 06/15/2028 | | | 433 | |
| | | | | 21,698 | | | 6.50%, 06/15/2028 | | | 24,752 | |
| | | | | 13,138 | | | 6.50%, 06/15/2028 | | | 14,988 | |
| | | | | 4,220 | | | 6.50%, 06/15/2028 | | | 4,814 | |
| | | | | 12,942 | | | 6.50%, 06/15/2028 | | | 14,764 | |
| | | | | 143,062 | | | 6.50%, 06/15/2028 | | | 163,203 | |
| | | | | 8,721 | | | 6.50%, 06/15/2028 | | | 9,949 | |
| | | | | 15,285 | | | 6.50%, 10/15/2028 | | | 17,437 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 1.5% - (continued) | | | |
| | | | | | | GNMA - 0.3% - (continued) | |
| | $ | | | | 5,579 | | | 6.50%, 02/15/2035 | | $ | 6,587 | |
| | | | | 38,548 | | | 7.00%, 11/15/2031 | | | 44,883 | |
| | | | | 18,393 | | | 7.00%, 03/15/2032 | | | 21,404 | |
| | | | | 1,927,489 | | | 7.00%, 11/15/2032 | | | 2,327,366 | |
| | | | | 281,386 | | | 7.00%, 01/15/2033 | | | 334,449 | |
| | | | | 308,997 | | | 7.00%, 05/15/2033 | | | 372,483 | |
| | | | | 61,038 | | | 7.00%, 07/15/2033 | | | 72,554 | |
| | | | | 373,370 | | | 7.00%, 11/15/2033 | | | 447,561 | |
| | | | | 25,031 | | | 7.50%, 09/16/2035 | | | 28,333 | |
| | | | | 7,973 | | | 7.50%, 09/16/2035 | | | 9,332 | |
| | | | | 114,940 | | | 7.50%, 09/16/2035 | | | 133,379 | |
| | | | | 265 | | | 8.00%, 09/15/2026 | | | 301 | |
| | | | | 169 | | | 8.00%, 11/15/2026 | | | 191 | |
| | | | | 17,093 | | | 8.00%, 12/15/2026 | | | 20,776 | |
| | | | | 186 | | | 8.00%, 09/15/2027 | | | 200 | |
| | | | | 11,445 | | | 8.00%, 07/15/2029 | | | 14,087 | |
| | | | | 5,677 | | | 8.00%, 10/15/2029 | | | 5,768 | |
| | | | | 4,567 | | | 8.00%, 11/15/2029 | | | 4,587 | |
| | | | | 2,764 | | | 8.00%, 12/15/2029 | | | 2,799 | |
| | | | | 862 | | | 8.00%, 12/15/2029 | | | 925 | |
| | | | | 528 | | | 8.00%, 12/15/2029 | | | 543 | |
| | | | | 19,202 | | | 8.00%, 12/15/2029 | | | 20,625 | |
| | | | | 3,814 | | | 8.00%, 12/15/2029 | | | 4,307 | |
| | | | | 446 | | | 8.00%, 01/15/2030 | | | 466 | |
| | | | | 3,769 | | | 8.00%, 01/15/2030 | | | 3,911 | |
| | | | | 1,398 | | | 8.00%, 01/15/2030 | | | 1,627 | |
| | | | | 5,294 | | | 8.00%, 02/15/2030 | | | 5,558 | |
| | | | | 1,993 | | | 8.00%, 02/15/2030 | | | 2,038 | |
| | | | | 1,027 | | | 8.00%, 03/15/2030 | | | 1,052 | |
| | | | | 444 | | | 8.00%, 03/15/2030 | | | 462 | |
| | | | | 6,441 | | | 8.00%, 03/15/2030 | | | 6,669 | |
| | | | | 179 | | | 8.00%, 03/15/2030 | | | 183 | |
| | | | | 130 | | | 8.00%, 04/15/2030 | | | 131 | |
| | | | | 13,550 | | | 8.00%, 04/15/2030 | | | 13,749 | |
| | | | | 34,900 | | | 8.00%, 04/15/2030 | | | 35,622 | |
| | | | | 13,805 | | | 8.00%, 04/15/2030 | | | 14,233 | |
| | | | | 1,217 | | | 8.00%, 04/15/2030 | | | 1,244 | |
| | | | | 7,205 | | | 8.00%, 05/15/2030 | | | 8,381 | |
| | | | | 1,598 | | | 8.00%, 05/15/2030 | | | 1,681 | |
| | | | | 5,857 | | | 8.00%, 05/15/2030 | | | 6,039 | |
| | | | | 13,648 | | | 8.00%, 06/15/2030 | | | 13,820 | |
| | | | | 16,599 | | | 8.00%, 06/15/2030 | | | 19,333 | |
| | | | | 8,412 | | | 8.00%, 06/15/2030 | | | 8,686 | |
| | | | | 4,606 | | | 8.00%, 06/15/2030 | | | 4,688 | |
| | | | | 233 | | | 8.00%, 06/15/2030 | | | 239 | |
| | | | | 157 | | | 8.00%, 06/15/2030 | | | 167 | |
| | | | | 227 | | | 8.00%, 06/15/2030 | | | 237 | |
| | | | | 402 | | | 8.00%, 06/15/2030 | | | 411 | |
| | | | | 7,985 | | | 8.00%, 06/15/2030 | | | 8,703 | |
| | | | | 2,082 | | | 8.00%, 07/15/2030 | | | 2,428 | |
| | | | | 411 | | | 8.00%, 07/15/2030 | | | 425 | |
| | | | | 943 | | | 8.00%, 07/15/2030 | | | 971 | |
| | | | | 646 | | | 8.00%, 07/15/2030 | | | 775 | |
| | | | | 155 | | | 8.00%, 08/15/2030 | | | 158 | |
| | | | | 20,586 | | | 8.00%, 08/15/2030 | | | 21,281 | |
| | | | | 35,361 | | | 8.00%, 08/15/2030 | | | 36,083 | |
| | | | | 3,383 | | | 8.00%, 08/15/2030 | | | 3,398 | |
| | | | | 1,036 | | | 8.00%, 08/15/2030 | | | 1,050 | |
| | | | | 14,713 | | | 8.00%, 08/15/2030 | | | 16,117 | |
| | | | | 7,205 | | | 8.00%, 08/15/2030 | | | 7,375 | |
| | | | | 1,979 | | | 8.00%, 08/15/2030 | | | 2,307 | |
| | | | | 5,403 | | | 8.00%, 08/15/2030 | | | 5,557 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 1.5% - (continued) | | | |
| | | | | | | GNMA - 0.3% - (continued) | |
| | $ | | | | 30,585 | | | 8.00%, 09/15/2030 | | $ | 33,326 | |
| | | | | 65,465 | | | 8.00%, 09/15/2030 | | | 70,412 | |
| | | | | 11,098 | | | 8.00%, 11/15/2030 | | | 11,487 | |
| | | | | 8,734 | | | 8.00%, 12/15/2030 | | | 9,019 | |
| | | | | 192,247 | | | 8.00%, 12/15/2030 | | | 225,794 | |
| | | | | 13,416 | | | 8.00%, 12/15/2030 | | | 13,891 | |
| | | | | 5,313 | | | 8.00%, 12/15/2030 | | | 5,520 | |
| | | | | 288 | | | 8.00%, 02/15/2031 | | | 301 | |
| | | | | 4,677 | | | 9.00%, 07/20/2016 | | | 4,697 | |
| | | | | 11,166 | | | 9.00%, 06/15/2022 | | | 11,379 | |
| | | | | | | | | | | | |
| | | | | | | | 7,725,676 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total U.S. Government Agencies
(cost $40,308,814) | | $ | 41,609,855 | |
| | | | | | | | | | | | |
| | | | U.S. GOVERNMENT SECURITIES - 15.4% | |
| | | | | | | U.S. Treasury Securities - 15.4% | |
| | | | | | | U.S. Treasury Bonds - 2.5% | |
| | $ | | | | 2,000,000 | | | 2.50%, 02/15/2045 | | $ | 1,760,160 | |
| | | | | 17,645,800 | | | 2.88%, 05/15/2043 | | | 16,815,901 | |
| | | | | 1,735,000 | | | 3.00%, 11/15/2044 | | | 1,697,182 | |
| | | | | 361,500 | | | 3.13%, 02/15/2043 | | | 362,008 | |
| | | | | 10,570,000 | | | 3.13%, 08/15/2044 | | | 10,587,346 | |
| | | | | 8,850,000 | | | 3.38%, 05/15/2044 | | | 9,295,960 | |
| | | | | 22,000,000 | | | 4.38%, 02/15/2038(8) | | | 27,053,136 | |
| | | | | 1,750,000 | | | 6.00%, 02/15/2026 | | | 2,350,605 | |
| | | | | | | | | | | | |
| | | | | | | | 69,922,298 | |
| | | | | | | | | | | | |
| | | | | | | U.S. Treasury Notes - 12.9% | |
| | | | | 80,000,000 | | | 0.50%, 08/31/2016 | | | 80,112,480 | |
| | | | | 22,475,000 | | | 0.63%, 12/31/2016 | | | 22,522,400 | |
| | | | | 8,300,000 | | | 0.63%, 05/31/2017 | | | 8,298,705 | |
| | | | | 25,000,000 | | | 0.63%, 08/31/2017 | | | 24,957,025 | |
| | | | | 5,343,000 | | | 0.88%, 01/31/2017 | | | 5,372,637 | |
| | | | | 11,800,000 | | | 1.00%, 09/15/2017 | | | 11,868,216 | |
| | | | | 2,000,000 | | | 1.00%, 05/31/2018 | | | 2,000,624 | |
| | | | | 8,300,000 | | | 1.25%, 11/30/2018 | | | 8,320,750 | |
| | | | | 36,835,000 | | | 1.38%, 09/30/2018 | | | 37,140,031 | |
| | | | | 37,000,000 | | | 1.63%, 07/31/2019 | | | 37,315,092 | |
| | | | | 17,835,000 | | | 1.75%, 09/30/2019 | | | 18,049,573 | |
| | | | | 17,030,000 | | | 2.25%, 11/15/2024 | | | 16,926,219 | |
| | | | | 13,095,000 | | | 2.38%, 08/15/2024 | | | 13,165,595 | |
| | | | | 23,000,000 | | | 2.75%, 02/15/2019 | | | 24,221,875 | |
| | | | | 9,450,000 | | | 2.75%, 11/15/2023 | | | 9,823,568 | |
| | | | | 7,150,000 | | | 2.75%, 02/15/2024 | | | 7,423,151 | |
| | | | | 24,575,000 | | | 3.88%, 05/15/2018 | | | 26,608,188 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 354,126,129 | |
| | | | | | | | | | | | |
| | | | | | | | Total U.S. Government Securities
(cost $412,851,804) | | $ | 424,048,427 | |
| | | | | | | | | | | | |
| | | | | | |
Shares or Principal Amount | | Market Value† |
| | | | | | | | | | | | | | |
| | | PREFERRED STOCKS - 0.4% | |
| | | | | | Retailing - 0.4% | | | | | | |
| | | 163,241 | | | Tory Burch LLC*(1)(2) | | | | | | $ | 10,453,109 | |
| | | | | | | | | | | | | | |
| | | | | | Total Preferred Stocks
(cost $12,794,224) | | | | | | $ | 10,453,109 | |
| | | | | | | | | | | | | | |
| | | | | | Total Long-Term Investments
(cost $2,145,254,442) | | | | | | $ | 2,704,031,080 | |
| | | | | | | | | | | | | | |
| | | SHORT-TERM INVESTMENTS - 1.8% | |
| | | | | | Other Investment Pools & Funds - 1.8% | | | | |
| | | 47,776,143 | | | Federated Prime Obligations Fund | | | | | | $ | 47,776,143 | |
| | | | | | | | | | | | | | |
| | | | | | Total Short-Term Investments
(cost $47,776,143) | | | | | | $ | 47,776,143 | |
| | | | | | | | | | | | | | |
| | | | |
| | | | | | Total Investments
(cost $2,193,030,585)^ | | | 100.2 | % | | $ | 2,751,807,223 | |
| | | | | | Other Assets and Liabilities | | | (0.2 | )% | | | (4,494,898 | ) |
| | | | | | | | | | | | | | |
| | | | | | Total Net Assets | | | 100.0 | % | | $ | 2,747,312,325 | |
| | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group indices and/or as defined by Fund management. Industry classifications may not be identical across all security types. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $2,203,474,100 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 574,127,187 | |
Unrealized Depreciation | | | (25,794,064 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 548,333,123 | |
| | | | |
| (1) | The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
| 08/2011 | | | 11,702,200 | | | Allstar Co. | | $ | 5,090,681 | |
| 11/2013 | | | 163,241 | | | Tory Burch LLC Preferred | | | 12,794,224 | |
| | | | | | | | | | |
| | | | | | | | $ | 17,884,905 | |
| | | | | | | | | | |
| | At June 30, 2015, the aggregate value of these securities were $22,740,419, which represents 0.8% of total net assets. |
| (2) | These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of these securities were $22,740,419, which represents 0.8% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| (3) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2015, the aggregate value of these securities was $90,090,590, which represents 3.3% of total net assets. |
| (4) | Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2015. |
| (5) | Perpetual maturity security. Maturity date shown is the next call date or final legal maturity date, whichever comes first. |
| (6) | This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities were $18,196,725 at June 30, 2015. |
| (7) | Represents or includes a TBA transaction. |
| (8) | This security, or a portion of this security, has been pledged as collateral in connection with futures contracts. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Futures Contracts Outstanding at June 30, 2015
| | | | | | | | | | | | | | | | | | | | |
Description | | Number of
Contracts | | | Expiration
Date | | | Notional Amount | | | Market Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Long position contracts: | | | | | | | | | | | | | | | | | | | | |
U.S. Treasury CME Ultra Long Term Bond Future | | | 2 | | | | 09/21/2015 | | | $ | 318,144 | | | $ | 308,125 | | | $ | (10,019 | ) |
Short position contracts: | | | | | | | | | | | | | | | | | | | | |
U.S. Treasury 10-Year Note Future | | | 318 | | | | 09/21/2015 | | | $ | 40,074,971 | | | $ | 40,122,656 | | | $ | (47,685) | |
U.S. Treasury 5-Year Note Future | | | 161 | | | | 09/30/2015 | | | | 19,202,426 | | | | 19,200,508 | | | | 1,918 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | | | | | $ | (45,767 | ) |
| | | | | | | | | | | | | | | | | | | | |
Total futures contracts | | | | | | | | | | | | | | | | | | $ | (55,786 | ) |
| | | | | | | | | | | | | | | | | | | | |
TBA Sale Commitments Outstanding at June 30, 2015
| | | | | | | | | | | | | | | | |
Description | | Principal
Amount | | | Maturity
Date | | | Market Value† | | | Unrealized
Appreciation/
(Depreciation) | |
FHLMC, 4.50% | | $ | 5,000,000 | | | | 07/01/2045 | | | $ | 5,399,297 | | | $ | 8,281 | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
FHLMC | | Federal Home Loan Mortgage Corp. |
FNMA | | Federal National Mortgage Association |
GNMA | | Government National Mortgage Association |
REIT | | Real Estate Investment Trust |
TBA | | To Be Announced |
|
| Municipal Abbreviations: |
GO | | General Obligation |
PA | | Port Authority |
Rev | | Revenue |
USD | | United School District |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 13,955,548 | | | $ | 13,955,548 | | | $ | — | | | $ | — | |
Banks | | | 184,406,311 | | | | 184,406,311 | | | | — | | | | — | |
Capital Goods | | | 120,284,144 | | | | 120,284,144 | | | | — | | | | — | |
Commercial & Professional Services | | | 10,999,989 | | | | 10,999,989 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 14,132,736 | | | | 14,132,736 | | | | — | | | | — | |
Consumer Services | | | 24,114,414 | | | | 24,114,414 | | | | — | | | | — | |
Diversified Financials | | | 82,988,070 | | | | 82,988,070 | | | | — | | | | — | |
Energy | | | 132,732,731 | | | | 132,732,731 | | | | — | | | | — | |
Food & Staples Retailing | | | 32,797,025 | | | | 32,797,025 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 89,242,292 | | | | 71,261,858 | | | | 17,980,434 | | | | — | |
Health Care Equipment & Services | | | 83,866,907 | | | | 83,866,907 | | | | — | | | | — | |
Household & Personal Products | | | 15,503,474 | | | | 15,503,474 | | | | — | | | | — | |
Insurance | | | 64,868,384 | | | | 64,868,384 | | | | — | | | | — | |
Materials | | | 47,636,823 | | | | 47,636,823 | | | | — | | | | — | |
Media | | | 68,598,577 | | | | 68,598,577 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 246,375,036 | | | | 201,835,798 | | | | 44,539,238 | | | | — | |
Real Estate | | | 4,534,873 | | | | 4,534,873 | | | | — | | | | — | |
Retailing | | | 73,281,055 | | | | 60,993,745 | | | | — | | | | 12,287,310 | |
Semiconductors & Semiconductor Equipment | | | 103,762,270 | | | | 103,762,270 | | | | — | | | | — | |
Software & Services | | | 172,192,973 | | | | 172,192,973 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 118,412,352 | | | | 118,412,352 | | | | — | | | | — | |
Telecommunication Services | | | 9,048,399 | | | | 9,048,399 | | | | — | | | | — | |
Transportation | | | 14,868,183 | | | | 14,868,183 | | | | — | | | | — | |
Utilities | | | 29,719,755 | | | | 29,719,755 | | | | — | | | | — | |
Asset & Commercial Mortgage Backed Securities | | | 43,189,161 | | | | — | | | | 43,189,161 | | | | — | |
Corporate Bonds | | | 390,278,752 | | | | — | | | | 390,278,752 | | | | — | |
Foreign Government Obligations | | | 4,049,230 | | | | — | | | | 4,049,230 | | | | — | |
Municipal Bonds | | | 32,080,225 | | | | — | | | | 32,080,225 | | | | — | |
U.S. Government Agencies | | | 41,609,855 | | | | — | | | | 41,609,855 | | | | — | |
U.S. Government Securities | | | 424,048,427 | | | | — | | | | 424,048,427 | | | | — | |
Preferred Stocks | | | 10,453,109 | | | | — | | | | — | | | | 10,453,109 | |
Short-Term Investments | | | 47,776,143 | | | | 47,776,143 | | | | — | | | | — | |
Futures Contracts(2) | | | 1,918 | | | | 1,918 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 2,751,809,141 | | | $ | 1,731,293,400 | | | $ | 997,775,322 | | | $ | 22,740,419 | |
| | | | | | | | | | | | | | | | |
Liabilities | | | | | | | | | | | | | | | | |
Futures Contracts(2) | | $ | (57,704 | ) | | $ | (57,704 | ) | | $ | — | | | $ | — | |
TBA Sale Commitments | | | (5,399,297 | ) | | | — | | | | (5,399,297 | ) | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | (5,457,001 | ) | | $ | (57,704 | ) | | $ | (5,399,297 | ) | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
| (2) | Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/depreciation on the investments. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Balanced HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | | | | | | | | | | | | | |
| | | Asset & Commercial
Mortgage Backed
Securities | | | Common
Stocks | | | Corporate
Bonds | | | Preferred
Stocks | | | Total | |
Beginning balance | | $ | 7,898 | | | $ | 12,091,883 | | | $ | 20,629,007 | | | $ | 9,653,883 | | | $ | 42,382,671 | |
Purchases | | | — | | | | — | | | | — | | | | — | | | | — | |
Sales | | | — | | | | — | | | | — | | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | | | | — | | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | | | | — | | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | — | | | | 195,427 | | | | — | | | | 799,226 | | | | 994,653 | |
Transfers into Level 3(1) | | | — | | | | — | | | | — | | | | — | | | | — | |
Transfers out of Level 3(1) | | | (7,898 | ) | | | — | | | | (20,629,007 | ) | | | — | | | | (20,636,905 | ) |
| | | | | | | | | | | | | | | | | | | | |
Ending balance | | $ | — | | | $ | 12,287,310 | | | $ | — | | | $ | 10,453,109 | | | $ | 22,740,419 | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $994,653.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% | |
| | | | Automobiles & Components - 2.0% | |
| | 490,673 | | | Delphi Automotive plc | | $ | 41,751,366 | |
| | 402,225 | | | Fiat Chrysler Automobiles N.V.* | | | 5,900,699 | |
| | 1,637,910 | | | Goodyear Tire & Rubber Co. | | | 49,382,986 | |
| | 258,447 | | | Harley-Davidson, Inc. | | | 14,563,488 | |
| | 274,600 | | | Honda Motor Co., Ltd. | | | 8,875,026 | |
| | 24,957 | | | Tesla Motors, Inc.* | | | 6,694,965 | |
| | 155,600 | | | Thor Industries, Inc. | | | 8,757,168 | |
| | | | | | | | |
| | | | | | | 135,925,698 | |
| | | | | | | | |
| | | | Banks - 6.0% | |
| | 1,257,715 | | | Bank of America Corp. | | | 21,406,309 | |
| | 152,234 | | | BNP Paribas S.A. | | | 9,237,973 | |
| | 1,114,553 | | | CaixaBank S.A. | | | 5,186,347 | |
| | 7,389,000 | | | China Construction Bank Class H | | | 6,739,917 | |
| | 1,516,334 | | | Citigroup, Inc. | | | 83,762,290 | |
| | 1,219,588 | | | ICICI Bank Ltd. ADR | | | 12,708,107 | |
| | 1,791,766 | | | JP Morgan Chase & Co. | | | 121,410,064 | |
| | 114,375 | | | M&T Bank Corp. | | | 14,288,869 | |
| | 1,685,100 | | | Mitsubishi UFJ Financial Group, Inc. | | | 12,123,387 | |
| | 8,589,800 | | | Mizuho Financial Group, Inc. | | | 18,586,030 | |
| | 702,055 | | | PNC Financial Services Group, Inc. | | | 67,151,561 | |
| | 71,713 | | | South State Corp. | | | 5,449,471 | |
| | 152,000 | | | Sumitomo Mitsui Financial Group, Inc. | | | 6,766,916 | |
| | 504,905 | | | Wells Fargo & Co. | | | 28,395,857 | |
| | | | | | | | |
| | | | | | | 413,213,098 | |
| | | | | | | | |
| | | | Capital Goods - 5.7% | |
| | 43,336 | | | 3M Co. | | | 6,686,745 | |
| | 26,897 | | | Acuity Brands, Inc. | | | 4,840,922 | |
| | 1,022,576 | | | AECOM* | | | 33,826,814 | |
| | 304,460 | | | AerCap Holdings N.V.* | | | 13,941,223 | |
| | 143,723 | | | Airbus Group N.V. | | | 9,361,727 | |
| | 5,659,131 | | | Capstone Turbine Corp.* | | | 2,324,205 | |
| | 52,394 | | | Danaher Corp. | | | 4,484,403 | |
| | 98,307 | | | DigitalGlobe, Inc.* | | | 2,731,952 | |
| | 690,410 | | | DMG Mori Seiki Co., Ltd. | | | 13,314,194 | |
| | 461,569 | | | Eaton Corp. plc | | | 31,151,292 | |
| | 132,149 | | | Fastenal Co. | | | 5,574,045 | |
| | 104,077 | | | Fortune Brands Home & Security, Inc. | | | 4,768,808 | |
| | 215,995 | | | Generac Holdings, Inc.* | | | 8,585,801 | |
| | 644,986 | | | General Electric Co. | | | 17,137,278 | |
| | 117,533 | | | HD Supply Holdings, Inc.* | | | 4,134,811 | |
| | 350,600 | | | HF Global, Inc. (1)(2) | | | 4,242,246 | |
| | 192,130 | | | Honeywell International, Inc. | | | 19,591,496 | |
| | 112,231 | | | KLX, Inc.* | | | 4,952,754 | |
| | 102,681 | | | Lockheed Martin Corp. | | | 19,088,398 | |
| | 110,075 | | | Northrop Grumman Corp. | | | 17,461,197 | |
| | 149,367 | | | Owens Corning | | | 6,161,389 | |
| | 285,524 | | | Raytheon Co. | | | 27,318,936 | |
| | 230,893 | | | Rexel S.A. | | | 3,725,833 | |
| | 380,272 | | | Safran S.A. | | | 25,843,044 | |
| | 114,479 | | | Schneider Electric S.A. | | | 7,926,410 | |
| | 32,814 | | | Sulzer AG | | | 3,375,305 | |
| | 54,071 | | | Teledyne Technologies, Inc.* | | | 5,705,031 | |
| | 108,845 | | | Textron, Inc. | | | 4,857,752 | |
| | 140,560 | | | TransDigm Group, Inc.* | | | 31,579,615 | |
| | 392,448 | | | United Technologies Corp. | | | 43,534,257 | |
| | 128,532 | | | WESCO International, Inc.* | | | 8,822,437 | |
| | | | | | | | |
| | | | | | | 397,050,320 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% - (continued) | |
| | | | Commercial & Professional Services - 0.7% | |
| | 83,435 | | | Clean Harbors, Inc.* | | $ | 4,483,797 | |
| | 151,602 | | | Equifax, Inc. | | | 14,719,038 | |
| | 251,800 | | | Herman Miller, Inc. | | | 7,284,574 | |
| | 155,851 | | | Knoll, Inc. | | | 3,900,951 | |
| | 83,100 | | | ManpowerGroup, Inc. | | | 7,427,478 | |
| | 92,769 | | | Robert Half International, Inc. | | | 5,148,679 | |
| | 60,664 | | | Verisk Analytics, Inc. Class A* | | | 4,413,913 | |
| | | | | | | | |
| | | | | | | 47,378,430 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 3.1% | |
| | 240,800 | | | Asics Corp. | | | 6,220,631 | |
| | 649,911 | | | D.R. Horton, Inc. | | | 17,781,565 | |
| | 517,186 | | | Electrolux AB Series B | | | 16,205,060 | |
| | 16,186,000 | | | Global Brands Group Holding Ltd.* | | | 3,401,586 | |
| | 243,079 | | | GoPro, Inc. Class A* | | | 12,815,125 | |
| | 233,162 | | | Harman International Industries, Inc. | | | 27,732,288 | |
| | 109,806 | | | iRobot Corp.* | | | 3,500,615 | |
| | 428,971 | | | Kate Spade & Co.* | | | 9,240,035 | |
| | 135,877 | | | Luxottica Group S.p.A. | | | 9,038,248 | |
| | 160 | | | Michael Kors Holdings Ltd.* | | | 6,734 | |
| | 2,410,730 | | | PulteGroup, Inc. | | | 48,576,210 | |
| | 85,680 | | | PVH Corp. | | | 9,870,336 | |
| | 1,465,400 | | | Sony Corp.* | | | 41,612,756 | |
| | 267,234 | | | Vera Bradley, Inc.* | | | 3,011,727 | |
| | 26,021 | | | Whirlpool Corp. | | | 4,502,934 | |
| | | | | | | | |
| | | | | | | 213,515,850 | |
| | | | | | | | |
| | | | Consumer Services - 3.3% | |
| | 400,803 | | | American Public Education, Inc.* | | | 10,308,653 | |
| | 13,521 | | | Chipotle Mexican Grill, Inc.* | | | 8,180,070 | |
| | 96,550 | | | Dunkin’ Brands Group, Inc. | | | 5,310,250 | |
| | 353,600 | | | Grand Canyon Education, Inc.* | | | 14,992,640 | |
| | 911,940 | | | Hilton Worldwide Holdings, Inc.* | | | 25,123,947 | |
| | 485,363 | | | Las Vegas Sands Corp. | | | 25,515,533 | |
| | 184,705 | | | LifeLock, Inc.* | | | 3,029,162 | |
| | 331,270 | | | McDonald’s Corp. | | | 31,493,839 | |
| | 150,500 | | | Melco Crown Entertainment Ltd. ADR | | | 2,954,315 | |
| | 675,400 | | | Norwegian Cruise Line Holdings Ltd.* | | | 37,849,416 | |
| | 34,744 | | | Panera Bread Co. Class A* | | | 6,072,209 | |
| | 726,000 | | | Sands China Ltd. | | | 2,439,940 | |
| | 64,415 | | | Starbucks Corp. | | | 3,453,610 | |
| | 537,361 | | | Wyndham Worldwide Corp. | | | 44,015,239 | |
| | 46,449 | | | Wynn Resorts Ltd. | | | 4,583,123 | |
| | | | | | | | |
| | | | | | | 225,321,946 | |
| | | | | | | | |
| | | | Diversified Financials - 4.5% | |
| | 80,770 | | | Ameriprise Financial, Inc. | | | 10,090,596 | |
| | 203,637 | | | Banca Generali S.p.A. | | | 7,169,438 | |
| | 142,414 | | | BlackRock, Inc. | | | 49,272,396 | |
| | 1,180,900 | | | Blackstone Group L.P. | | | 48,263,383 | |
| | 43,500 | | | Goldman Sachs Group, Inc. | | | 9,082,365 | |
| | 117,527 | | | Hong Kong Exchanges and Clearing Ltd. | | | 4,141,010 | |
| | 24,900 | | | Intercontinental Exchange, Inc. | | | 5,567,889 | |
| | 480,436 | | | Julius Baer Group Ltd.* | | | 26,959,163 | |
| | 171,856 | | | Legg Mason, Inc. | | | 8,855,740 | |
| | 279,600 | | | McGraw Hill Financial, Inc. | | | 28,085,820 | |
| | 433,251 | | | MSCI, Inc. | | | 26,666,599 | |
| | 149,707 | | | Northern Trust Corp. | | | 11,446,597 | |
| | 146,224 | | | Platform Specialty Products Corp.* | | | 3,740,410 | |
| | 107,360 | | | Platform Specialty Products Corp.* | | | 2,746,269 | |
| | 205,350 | | | PRA Group, Inc.* | | | 12,795,358 | |
| | 176,669 | | | Raymond James Financial, Inc. | | | 10,525,939 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% - (continued) | |
| | | | Diversified Financials - 4.5% - (continued) | |
| | 74,700 | | | Solar Cayman Ltd.*(1)(2) | | $ | 5,229 | |
| | 666,967 | | | Springleaf Holdings, Inc.* | | | 30,620,455 | |
| | 278,338 | | | Waddell & Reed Financial, Inc. Class A | | | 13,168,171 | |
| | 284,900 | | | Zegona Communications plc* | | | 586,420 | |
| | | | | | | | |
| | | | | | | 309,789,247 | |
| | | | | | | | |
| | | | Energy - 4.7% | |
| | 253,518 | | | Atwood Oceanics, Inc. | | | 6,703,016 | |
| | 53,793 | | | Baker Hughes, Inc. | | | 3,319,028 | |
| | 424,719 | | | BG Group plc | | | 7,073,610 | |
| | 227,200 | | | Cameco Corp. | | | 3,250,652 | |
| | 295,641 | | | Canadian Natural Resources Ltd. | | | 8,029,610 | |
| | 115,106 | | | Chevron Corp. | | | 11,104,276 | |
| | 1,828,000 | | | Cobalt International Energy, Inc.* | | | 17,749,880 | |
| | 48,270 | | | Energen Corp. | | | 3,296,841 | |
| | 270,000 | | | Ensco plc Class A | | | 6,012,900 | |
| | 97,134 | | | Exxon Mobil Corp. | | | 8,081,549 | |
| | 1,594,943 | | | Halliburton Co. | | | 68,694,195 | |
| | 44,765 | | | Helmerich & Payne, Inc. | | | 3,152,351 | |
| | 147,371 | | | HollyFrontier Corp. | | | 6,291,268 | |
| | 694,189 | | | Imperial Oil Ltd. | | | 26,809,579 | |
| | 3,296,103 | | | Karoon Gas Australia Ltd.* | | | 5,717,565 | |
| | 672,246 | | | Laredo Petroleum, Inc.* | | | 8,456,855 | |
| | 346,400 | | | Marathon Oil Corp. | | | 9,193,456 | |
| | 1,215,647 | | | McDermott International, Inc.* | | | 6,491,555 | |
| | 121,024 | | | National Oilwell Varco, Inc. | | | 5,843,039 | |
| | 108,704 | | | Occidental Petroleum Corp. | | | 8,453,910 | |
| | 147,538 | | | Patterson-UTI Energy, Inc. | | | 2,775,927 | |
| | 285,499 | | | Pioneer Natural Resources Co. | | | 39,595,856 | |
| | 179,799 | | | QEP Resources, Inc. | | | 3,328,080 | |
| | 32,576 | | | Rice Energy, Inc.* | | | 678,558 | |
| | 239,933 | | | Royal Dutch Shell plc Class B | | | 6,831,014 | |
| | 874,503 | | | Southwestern Energy Co.* | | | 19,877,453 | |
| | 388,508 | | | Suncor Energy, Inc. | | | 10,691,740 | |
| | 1,959,125 | | | Trican Well Service Ltd. | | | 6,509,503 | |
| | 869,827 | | | Tsakos Energy Navigation Ltd. | | | 8,289,451 | |
| | 137,874 | | | Whiting Petroleum Corp.* | | | 4,632,566 | |
| | | | | | | | |
| | | | | | | 326,935,283 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 0.6% | |
| | 249,343 | | | CVS Health Corp. | | | 26,151,094 | |
| | 201,745 | | | Seven & I Holdings Co., Ltd. | | | 8,660,028 | |
| | 118,676 | | | Whole Foods Market, Inc. | | | 4,680,581 | |
| | | | | | | | |
| | | | | | | 39,491,703 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 3.3% | |
| | 152,223 | | | Anheuser-Busch InBev N.V. | | | 18,318,567 | |
| | 179,621 | | | Anheuser-Busch InBev N.V. ADR | | | 21,674,866 | |
| | 276,704 | | | British American Tobacco plc | | | 14,898,435 | |
| | 1,171,184 | | | Coca-Cola Co. | | | 45,945,548 | |
| | 217,539 | | | Diageo plc | | | 6,299,880 | |
| | 659,601 | | | Freshpet, Inc.* | | | 12,268,579 | |
| | 166,007 | | | Imperial Tobacco Group plc | | | 7,995,260 | |
| | 231,669 | | | Kraft Foods Group, Inc. | | | 19,724,299 | |
| | 1,134,837 | | | Mondelez International, Inc. Class A | | | 46,687,194 | |
| | 222,920 | | | Monster Beverage Corp.* | | | 29,875,738 | |
| | 120,705 | | | Post Holdings, Inc.* | | | 6,509,621 | |
| | | | | | | | |
| | | | | | | 230,197,987 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 4.5% | |
| | 122,961 | | | Acadia Healthcare Co., Inc.* | | | 9,631,535 | |
| | 104,933 | | | Aetna, Inc. | | | 13,374,760 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% - (continued) | |
| | | | Health Care Equipment & Services - 4.5% - (continued) | |
| | 58,100 | | | Anthem, Inc. | | $ | 9,536,534 | |
| | 319,078 | | | Becton Dickinson and Co. | | | 45,197,399 | |
| | 262,343 | | | Cardinal Health, Inc. | | | 21,944,992 | |
| | 10,082,792 | | | CareView Communications, Inc.* | | | 3,629,805 | |
| | 84,798 | | | Cerner Corp.* | | | 5,856,150 | |
| | 114,834 | | | DexCom, Inc.* | | | 9,184,423 | |
| | 145,430 | | | Edwards Lifesciences Corp.* | | | 20,713,595 | |
| | 115,917 | | | Envision Healthcare Holdings, Inc.* | | | 4,576,403 | |
| | 238,500 | | | Express Scripts Holding Co.* | | | 21,212,190 | |
| | 276,075 | | | HCA Holdings, Inc.* | | | 25,045,524 | |
| | 51,527 | | | HeartWare International, Inc.* | | | 3,745,498 | |
| | 154,307 | | | Hologic, Inc.* | | | 5,872,924 | |
| | 500,887 | | | IMS Health Holdings, Inc.* | | | 15,352,187 | |
| | 25,068 | | | Intuitive Surgical, Inc.* | | | 12,145,446 | |
| | 80,900 | | | McKesson Corp. | | | 18,187,129 | |
| | 343,529 | | | Medtronic plc | | | 25,455,499 | |
| | 10,000 | | | Teladoc, Inc.*(2) | | | 190,000 | |
| | 213,017 | | | UnitedHealth Group, Inc. | | | 25,988,074 | |
| | 59,682 | | | Universal Health Services, Inc. Class B | | | 8,480,812 | |
| | 195,177 | | | Veeva Systems, Inc. Class A* | | | 5,470,811 | |
| | 24,400 | | | Zimmer Holdings, Inc. | | | 2,665,212 | |
| | | | | | | | |
| | | | | | | 313,456,902 | |
| | | | | | | | |
| | | | Household & Personal Products - 0.1% | |
| | 933,400 | | | Avon Products, Inc. | | | 5,843,084 | |
| | 95,155 | | | Svenska Cellulosa AB SCA Class B | | | 2,419,618 | |
| | | | | | | | |
| | | | | | | 8,262,702 | |
| | | | | | | | |
| | | | Insurance - 5.2% | |
| | 411,341 | | | ACE Ltd. | | | 41,825,153 | |
| | 1,497,229 | | | American International Group, Inc. | | | 92,558,697 | |
| | 165,143 | | | Arthur J Gallagher & Co. | | | 7,811,264 | |
| | 428,594 | | | Assicurazioni Generali S.p.A. | | | 7,724,880 | |
| | 177,517 | | | Assured Guaranty Ltd. | | | 4,258,633 | |
| | 472,758 | | | Delta Lloyd N.V. | | | 7,760,871 | |
| | 19,680 | | | Fairfax Financial Holdings Ltd. | | | 9,704,178 | |
| | 207,520 | | | Lincoln National Corp. | | | 12,289,334 | |
| | 17,857 | | | Markel Corp.* | | | 14,297,743 | |
| | 578,684 | | | Marsh & McLennan Cos., Inc. | | | 32,811,383 | |
| | 714,846 | | | MetLife, Inc. | | | 40,024,227 | |
| | 286,242 | | | Principal Financial Group, Inc. | | | 14,681,352 | |
| | 533,300 | | | Prudential Financial, Inc. | | | 46,674,416 | |
| | 154,200 | | | Tokio Marine Holdings, Inc. | | | 6,413,035 | |
| | 161,962 | | | Torchmark Corp. | | | 9,429,428 | |
| | 192,926 | | | Unum Group | | | 6,897,104 | |
| | 21,962 | | | Zurich Insurance Group AG | | | 6,685,883 | |
| | | | | | | | |
| | | | | | | 361,847,581 | |
| | | | | | | | |
| | | | Materials - 2.6% | |
| | 102,049 | | | Akzo Nobel N.V. | | | 7,450,501 | |
| | 138,000 | | | Barrick Gold Corp. | | | 1,471,080 | |
| | 85,900 | | | Bemis Co., Inc. | | | 3,866,359 | |
| | 81,626 | | | Cabot Corp. | | | 3,043,833 | |
| | 160,133 | | | Celanese Corp. Series A | | | 11,510,360 | |
| | 277,494 | | | Constellium N.V. Class A* | | | 3,282,754 | |
| | 167,724 | | | Dow Chemical Co. | | | 8,582,437 | |
| | 1,713,190 | | | Fortescue Metals Group Ltd. | | | 2,523,108 | |
| | 210,253 | | | Huntsman Corp. | | | 4,640,284 | |
| | 103,170 | | | International Paper Co. | | | 4,909,860 | |
| | 8,663,700 | | | Ivanhoe Mines Ltd. Class A* | | | 6,242,858 | |
| | 425,207 | | | Louisiana-Pacific Corp.* | | | 7,241,275 | |
| | 261,198 | | | Methanex Corp. | | | 14,538,281 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% - (continued) | |
| | | | Materials - 2.6% - (continued) | |
| | 498,428 | | | Norbord, Inc. | | $ | 10,459,406 | |
| | 294,530 | | | Packaging Corp. of America | | | 18,405,180 | |
| | 240,292 | | | Praxair, Inc. | | | 28,726,909 | |
| | 220,849 | | | Reliance Steel & Aluminum Co. | | | 13,356,947 | |
| | 135,231 | | | Rio Tinto plc ADR | | | 5,572,869 | |
| | 250,325 | | | Wacker Chemie AG | | | 25,864,337 | |
| | | | | | | | |
| | | | | | | 181,688,638 | |
| | | | | | | | |
| | | | Media - 1.8% | |
| | 331,630 | | | CBS Corp. Class B | | | 18,405,465 | |
| | 28,762 | | | DISH Network Corp. Class A* | | | 1,947,475 | |
| | 111,363 | | | IMAX Corp.* | | | 4,484,588 | |
| | 220,125 | | | Markit, Ltd.* | | | 5,628,596 | |
| | 107,778 | | | ProSiebenSat.1 Media AG | | | 5,323,598 | |
| | 257,900 | | | Quebecor, Inc. Class B | | | 6,446,468 | |
| | 2,553,484 | | | Sky plc | | | 41,590,218 | |
| | 95,322 | | | Tribune Media Co. Class A | | | 5,089,242 | |
| | 1,179,547 | | | Twenty-First Century Fox, Inc. Class A | | | 38,388,357 | |
| | | | | | | | |
| | | | | | | 127,304,007 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 14.3% | |
| | 271,232 | | | Alkermes plc* | | | 17,451,067 | |
| | 494,168 | | | Allergan plc* | | | 149,960,221 | |
| | 68,400 | | | Amgen, Inc. | | | 10,500,768 | |
| | 1,700,196 | | | Arena Pharmaceuticals, Inc.* | | | 7,888,910 | |
| | 73,472 | | | AstraZeneca plc ADR | | | 4,680,901 | |
| | 401,243 | | | AstraZeneca plc | | | 25,394,765 | |
| | 209,195 | | | Biogen, Inc.* | | | 84,502,228 | |
| | 91,154 | | | BioMarin Pharmaceutical, Inc.* | | | 12,468,044 | |
| | 3,205,226 | | | Bristol-Myers Squibb Co. | | | 213,275,738 | |
| | 127,905 | | | Celgene Corp.* | | | 14,803,085 | |
| | 384,985 | | | Eisai Co., Ltd. | | | 25,811,166 | |
| | 275,307 | | | Gilead Sciences, Inc. | | | 32,232,944 | |
| | 262,600 | | | ICON plc* | | | 17,672,980 | |
| | 32,870 | | | Illumina, Inc.* | | | 7,177,493 | |
| | 129,682 | | | Incyte Corp.* | | | 13,514,161 | |
| | 34,887 | | | Isis Pharmaceuticals, Inc.* | | | 2,007,747 | |
| | 316,977 | | | Johnson & Johnson | | | 30,892,578 | |
| | 54,200 | | | Mallinckrodt plc* | | | 6,380,424 | |
| | 2,822,473 | | | Merck & Co., Inc. | | | 160,683,388 | |
| | 342,870 | | | Mylan N.V.* | | | 23,267,158 | |
| | 325,585 | | | Pfizer, Inc. | | | 10,916,865 | |
| | 285,904 | | | Portola Pharmaceuticals, Inc.* | | | 13,022,927 | |
| | 50,216 | | | Regeneron Pharmaceuticals, Inc.* | | | 25,616,688 | |
| | 35,832 | | | Regulus Therapeutics, Inc.* | | | 392,719 | |
| | 93,398 | | | Roche Holding AG | | | 26,187,998 | |
| | 54,600 | | | TESARO, Inc.* | | | 3,209,934 | |
| | 4,480,781 | | | TherapeuticsMD, Inc.* | | | 35,218,939 | |
| | 135,367 | | | Vertex Pharmaceuticals, Inc.* | | | 16,715,117 | |
| | | | | | | | |
| | | | | | | 991,846,953 | |
| | | | | | | | |
| | | | Real Estate - 0.8% | |
| | 150,208 | | | American Tower Corp. REIT | | | 14,012,904 | |
| | 58,995 | | | AvalonBay Communities, Inc. REIT | | | 9,431,531 | |
| | 229,630 | | | CBRE Group, Inc. Class A* | | | 8,496,310 | |
| | 279,570 | | | Columbia Property Trust, Inc. REIT | | | 6,863,443 | |
| | 377,326 | | | Deutsche Annington Immobilien SE | | | 10,647,371 | |
| | 20,379 | | | Equinix, Inc. REIT | | | 5,176,266 | |
| | 133,993 | | | Weyerhaeuser Co. REIT | | | 4,220,780 | |
| | | | | | | | |
| | | | | | | 58,848,605 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% - (continued) | |
| | | | Retailing - 6.1% | |
| | 427,005 | | | Advance Auto Parts, Inc. | | $ | 68,017,627 | |
| | 8,451,700 | | | Allstar Co.*(1)(2) | | | 8,874,285 | |
| | 144,378 | | | Amazon.com, Inc.* | | | 62,673,046 | |
| | 210,440 | | | CarMax, Inc.* | | | 13,933,232 | |
| | 862,300 | | | Chico’s FAS, Inc. | | | 14,340,049 | |
| | 121,565 | | | Dollar Tree, Inc.* | | | 9,602,419 | |
| | 142,342 | | | GNC Holdings, Inc. Class A | | | 6,331,372 | |
| | 1,672,880 | | | Groupon, Inc.* | | | 8,414,586 | |
| | 271,370 | | | Home Depot, Inc. | | | 30,157,348 | |
| | 131,050 | | | L Brands, Inc. | | | 11,234,917 | |
| | 391,154 | | | Lowe’s Cos., Inc. | | | 26,195,583 | |
| | 495,600 | | | Michaels Cos., Inc.* | | | 13,336,596 | |
| | 28,277 | | | Netflix, Inc.* | | | 18,576,292 | |
| | 8,500 | | | Priceline Group, Inc.* | | | 9,786,645 | |
| | 250,427 | | | Signet Jewelers Ltd. | | | 32,114,759 | |
| | 778,091 | | | TJX Cos., Inc. | | | 51,486,282 | |
| | 146,874 | | | TripAdvisor, Inc.* | | | 12,798,600 | |
| | 1,028,200 | | | Vipshop Holdings Ltd. ADR* | | | 22,877,450 | |
| | | | | | | | |
| | | | | | | 420,751,088 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 4.7% | |
| | 728,160 | | | Cypress Semiconductor Corp. | | | 8,563,161 | |
| | 101,121 | | | First Solar, Inc.* | | | 4,750,664 | |
| | 22,479,720 | | | GCL-Poly Energy Holdings Ltd.* | | | 5,179,951 | |
| | 2,674,337 | | | Intel Corp. | | | 81,339,960 | |
| | 667,730 | | | Marvell Technology Group Ltd. | | | 8,804,020 | |
| | 810,495 | | | Maxim Integrated Products, Inc. | | | 28,022,865 | |
| | 1,098,186 | | | Micron Technology, Inc.* | | | 20,689,824 | |
| | 708,290 | | | NXP Semiconductors N.V.* | | | 69,554,078 | |
| | 190,433 | | | SK Hynix, Inc. | | | 7,217,699 | |
| | 1,214,355 | | | Sumco Corp. | | | 15,187,944 | |
| | 345,332 | | | SunEdison Semiconductor Ltd.* | | | 5,963,884 | |
| | 826,624 | | | SunEdison, Inc.* | | | 24,724,324 | |
| | 1,586,543 | | | SunPower Corp.* | | | 45,073,687 | |
| | | | | | | | |
| | | | | | | 325,072,061 | |
| | | | | | | | |
| | | | Software & Services - 12.1% | |
| | 357,361 | | | Accenture plc Class A | | | 34,585,398 | |
| | 3,022,390 | | | Activision Blizzard, Inc. | | | 73,172,062 | |
| | 548,518 | | | Adobe Systems, Inc.* | | | 44,435,443 | |
| | 271,928 | | | Akamai Technologies, Inc.* | | | 18,986,013 | |
| | 434,004 | | | Alibaba Group Holding Ltd. ADR* | | | 35,705,509 | |
| | 156,196 | | | Automatic Data Processing, Inc. | | | 12,531,605 | |
| | 317,676 | | | Baidu, Inc. ADR* | | | 63,242,938 | |
| | 162,900 | | | Blackhawk Network Holdings, Inc.* | | | 6,711,480 | |
| | 179,200 | | | Cognizant Technology Solutions Corp. Class A* | | | 10,947,328 | |
| | 130,596 | | | CoStar Group, Inc.* | | | 26,283,751 | |
| | 994,230 | | | Coupons.com, Inc.* | | | 10,727,742 | |
| | 184,967 | | | Dropbox, Inc. Class B*(1)(2) | | | 3,179,783 | |
| | 843,190 | | | Enernoc, Inc.* | | | 8,178,943 | |
| | 77,970 | | | Envestnet, Inc.* | | | 3,152,327 | |
| | 424,800 | | | Everyday Health, Inc.* | | | 5,428,944 | |
| | 999,598 | | | Facebook, Inc. Class A* | | | 85,730,522 | |
| | 647,543 | | | Genpact Ltd.* | | | 13,812,092 | |
| | 495,444 | | | Gogo, Inc.* | | | 10,617,365 | |
| | 21,200 | | | Google, Inc. Class A* | | | 11,448,848 | |
| | 179,875 | | | Google, Inc. Class C* | | | 93,626,736 | |
| | 2,272,283 | | | Microsoft Corp. | | | 100,321,294 | |
| | 107,331 | | | Mobileye N.V.* | | | 5,706,789 | |
| | 1,440,334 | | | Monster Worldwide, Inc.* | | | 9,419,784 | |
| | 33,412 | | | New Relic, Inc. PIPE* | | | 1,175,768 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% - (continued) | |
| | | | Software & Services - 12.1% - (continued) | |
| | 80,000 | | | Nintendo Co., Ltd. | | $ | 13,346,203 | |
| | 3,503,547 | | | Optimal Payments plc* | | | 12,880,571 | |
| | 291,717 | | | Pandora Media, Inc.* | | | 4,533,282 | |
| | 177,650 | | | Salesforce.com, Inc.* | | | 12,369,770 | |
| | 65,199 | | | ServiceNow, Inc.* | | | 4,844,938 | |
| | 91,660 | | | Shutterstock, Inc.* | | | 5,374,942 | |
| | 271,840 | | | Symantec Corp. | | | 6,320,280 | |
| | 265,107 | | | Tangoe, Inc.* | | | 3,335,046 | |
| | 31,951 | | | Tyler Technologies Corp.* | | | 4,133,820 | |
| | 210,887 | | | Verint Systems, Inc.* | | | 12,810,331 | |
| | 200,906 | | | VeriSign, Inc.* | | | 12,399,918 | |
| | 922,917 | | | Web.com Group, Inc.* | | | 22,353,050 | |
| | 278,951 | | | Workday, Inc. Class A* | | | 21,309,067 | |
| | 115,225 | | | Yelp, Inc.* | | | 4,958,132 | |
| | 144,217 | | | Zillow Group, Inc. Class A* | | | 12,509,383 | |
| | | | | | | | |
| | | | | | | 842,607,197 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 5.4% | |
| | 469,300 | | | Alps Electric Co., Ltd. | | | 14,472,970 | |
| | 259,610 | | | Amphenol Corp. Class A | | | 15,049,592 | |
| | 1,023,614 | | | Apple, Inc. | | | 128,386,786 | |
| | 85,966 | | | Arista Networks, Inc.* | | | 7,026,861 | |
| | 435,256 | | | ARRIS Group, Inc.* | | | 13,318,834 | |
| | 313,837 | | | Belden, Inc. | | | 25,492,979 | |
| | 446,800 | | | CDW Corp. of Delaware | | | 15,316,304 | |
| | 2,887,308 | | | Cisco Systems, Inc. | | | 79,285,478 | |
| | 120,942 | | | Cognex Corp. | | | 5,817,310 | |
| | 114,224 | | | F5 Networks, Inc.* | | | 13,746,858 | |
| | 139,787 | | | Hewlett-Packard Co. | | | 4,195,008 | |
| | 3,411,000 | | | NEC Corp. | | | 10,322,193 | |
| | 4,920,773 | | | ParkerVision, Inc.* | | | 1,845,782 | |
| | 5,403 | | | Samsung Electronics Co., Ltd. | | | 6,130,164 | |
| | 208,509 | | | Stratasys Ltd.* | | | 7,283,219 | |
| | 413,923 | | | Trimble Navigation Ltd.* | | | 9,710,634 | |
| | 183,165 | | | Western Digital Corp. | | | 14,363,799 | |
| | | | | | | | |
| | | | | | | 371,764,771 | |
| | | | | | | | |
| | | | Telecommunication Services - 0.6% | |
| | 300,200 | | | Nippon Telegraph & Telephone Corp. | | | 10,871,965 | |
| | 60,240 | | | SoftBank Corp. | | | 3,548,316 | |
| | 131,056 | | | T-Mobile US, Inc.* | | | 5,081,041 | |
| | 263,873 | | | Telenor ASA | | | 5,785,375 | |
| | 415,435 | | | Verizon Communications, Inc. | | | 19,363,425 | |
| | | | | | | | |
| | | | | | | 44,650,122 | |
| | | | | | | | |
| | | | Transportation - 3.4% | |
| | 19,783,800 | | | AirAsia Bhd | | | 8,075,021 | |
| | 332,320 | | | American Airlines Group, Inc. | | | 13,271,199 | |
| | 219,400 | | | Canadian National Railway Co. | | | 12,658,098 | |
| | 762,900 | | | CSX Corp. | | | 24,908,685 | |
| | 207,600 | | | FedEx Corp. | | | 35,375,040 | |
| | 2,600,885 | | | Hertz Global Holdings, Inc.* | | | 47,128,036 | |
| | 53,217 | | | Kansas City Southern | | | 4,853,390 | |
| | 190,683 | | | Landstar System, Inc. | | | 12,750,972 | |
| | 1,387,325 | | | Scorpio Bulkers, Inc.* | | | 2,261,340 | |
| | 763,029 | | | Swift Transportation Co.* | | | 17,297,868 | |
| | 100,900 | | | Union Pacific Corp. | | | 9,622,833 | |
| | 119,297 | | | United Continental Holdings, Inc.* | | | 6,323,934 | |
| | 400,408 | | | United Parcel Service, Inc. Class B | | | 38,803,539 | |
| | | | | | | | |
| | | | | | | 233,329,955 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 96.9% - (continued) | |
| | | | Utilities - 1.4% | |
| | 1,310,365 | | | Centrica plc | | $ | 5,437,333 | |
| | 13,383,000 | | | China Longyuan Power Group Corp. Ltd. Class H | | | 14,854,468 | |
| | 252,741 | | | Duke Energy Corp. | | | 17,848,569 | |
| | 1,064,000 | | | ENN Energy Holdings Ltd. | | | 6,398,192 | |
| | 377,816 | | | Exelon Corp. | | | 11,870,979 | |
| | 419,100 | | | Kyushu Electric Power Co., Inc.* | | | 4,859,008 | |
| | 493,223 | | | National Grid plc | | | 6,348,187 | |
| | 280,901 | | | PG&E Corp. | | | 13,792,239 | |
| | 443,599 | | | Xcel Energy, Inc. | | | 14,275,016 | |
| | | | | | | | |
| | | | | | | 95,683,991 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $6,204,437,099) | | $ | 6,715,934,135 | |
| | | | | | | | |
|
| EXCHANGE TRADED FUNDS - 0.5% | |
| | | | Other Investment Pools & Funds - 0.5% | |
| | 166,666 | | | SPDR S&P 500 ETF Trust | | $ | 34,308,196 | |
| | | | | | | | |
| | |
| | | | Total Exchange Traded Funds
(cost $34,978,193) | | $ | 34,308,196 | |
| | | | | | | | |
|
| PREFERRED STOCKS - 1.2% | |
| | | | Consumer Durables & Apparel - 0.0% | |
| | 127,917 | | | One Kings Lane, Inc.(1)(2) | | $ | 1,848,401 | |
| | | | | | | | |
| | | | Consumer Services - 0.0% | |
| | 16,619 | | | Airbnb, Inc.(1)(2) | | | 1,392,422 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 0.2% | |
| | 2,512,533 | | | Corindus Vascular Robotics, Inc.(2) | | | 8,818,991 | |
| | | | | | | | |
| | | | Media - 0.0% | |
| | 29,800 | | | Harvey Weinstein Co. Holdings(1)(2) | | | — | |
| | | | | | | | |
| | | | Retailing - 0.3% | |
| | 17,385 | | | Honest Co.(1)(2) | | | 753,988 | |
| | 280,504 | | | Tory Burch LLC*(1)(2) | | | 17,962,042 | |
| | | | | | | | |
| | | | | | | 18,716,030 | |
| | | | | | | | |
| | | | Software & Services - 0.6% | |
| | 56,702 | | | Cloudera, Inc.(1)(2) | | | 1,684,049 | |
| | 50,200 | | | Nanigans, Inc.(1)(2) | | | 493,298 | |
| | 158,682 | | | Pinterest, Inc. Series G(1)(2) | | | 5,126,367 | |
| | 20,891 | | | Sharecare(1)(2) | | | 4,698,031 | |
| | 815,160 | | | Uber Technologies, Inc.(1)(2) | | | 29,080,588 | |
| | 293,655 | | | Zuora, Inc. Series F(1)(2) | | | 1,004,115 | |
| | | | | | | | |
| | | | | | | 42,086,448 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 0.1% | |
| | 466,941 | | | Pure Storage, Inc.*(1)(2) | | | 8,115,435 | |
| | | | | | | | |
| | | | Telecommunication Services - 0.0% | |
| | 3,739 | | | DocuSign, Inc. Series B(1)(2) | | | 64,250 | |
| | 1,120 | | | DocuSign, Inc. Series B-1(1)(2) | | | 19,246 | |
| | 2,687 | | | DocuSign, Inc. Series D(1)(2) | | | 46,173 | |
| | 69,493 | | | DocuSign, Inc. Series E(1)(2) | | | 1,194,153 | |
| | 10,835 | | | DocuSign, Inc. Series F(1)(2) | | | 186,186 | |
| | | | | | | | |
| | | | | | | 1,510,008 | |
| | | | | | | | |
| | |
| | | | Total Preferred Stocks
(cost $94,819,435) | | $ | 82,487,735 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CONVERTIBLE PREFERRED STOCKS - 0.0% | |
| | | | Retailing - 0.0% | |
| | 40,566 | | | Honest Co. Series C(1)(2) | | $ | 1,759,348 | |
| | | | | | | | |
| | |
| | | | Total Convertible Preferred Stocks (cost $1,097,607) | | $ | 1,759,348 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments (cost $6,335,332,334) | | $ | 6,834,489,414 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 1.7% | |
| | | | Other Investment Pools & Funds - 1.7% | |
| | 119,974,904 | | | BlackRock Liquidity Funds TempFund Portfolio | | $ | 119,974,904 | |
| | | | | | | | |
| | | | Total Short-Term Investments (cost $119,974,904) | | $ | 119,974,904 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $6,455,307,238)^ | | | 100.3 | % | | $ | 6,954,464,318 | |
| | Other Assets and Liabilities | | | (0.3 | )% | | | (18,558,731 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 6,935,905,587 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $6,484,571,653 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 833,450,336 | |
Unrealized Depreciation | | | (363,557,671 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 469,892,665 | |
| | | | |
| (1) | The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
| 06/2015 | | | 16,619 | | | Airbnb, Inc. Preferred | | $ | 1,547,136 | |
| 08/2011 | | | 8,451,700 | | | Allstar Co. | | | 3,676,649 | |
| 02/2014 | | | 56,702 | | | Cloudera, Inc. Preferred | | | 825,581 | |
| 02/2014 | | | 3,739 | | | DocuSign, Inc. Series B Preferred | | | 49,102 | |
| 02/2014 | | | 1,120 | | | DocuSign, Inc. Series B-1 Preferred | | | 14,708 | |
| 02/2014 | | | 2,687 | | | DocuSign, Inc. Series D Preferred | | | 35,287 | |
| 02/2014 | | | 69,493 | | | DocuSign, Inc. Series E Preferred | | | 912,610 | |
| 04/2015 | | | 10,835 | | | DocuSign, Inc. Series F Preferred | | | 206,874 | |
| 05/2012 | | | 184,967 | | | Dropbox, Inc. | | | 1,674,267 | |
| 06/2015 | | | 350,600 | | | HF Global, Inc. | | | 4,713,607 | |
| 10/2005 | | | 29,800 | | | Harvey Weinstein Co. Holdings Preferred | | | 27,950,957 | |
| 08/2014 | | | 17,385 | | | Honest Co. Preferred | | | 470,391 | |
| 08/2014 | | | 40,566 | | | Honest Co. Series C Convertible Preferred | | | 1,097,607 | |
| 03/2015 | | | 50,200 | | | Nanigans, Inc. Preferred | | | 548,109 | |
| 01/2014 | | | 127,917 | | | One Kings Lane, Inc. Preferred | | | 1,972,096 | |
| 03/2015 | | | 158,682 | | | Pinterest, Inc. Series G Preferred | | | 5,695,963 | |
| 04/2014 | | | 466,941 | | | Pure Storage, Inc. Preferred | | | 7,343,067 | |
| 03/2015 | | | 20,891 | | | Sharecare Preferred | | | 5,220,034 | |
| 03/2007 | | | 74,700 | | | Solar Cayman Ltd. | | | 21,894 | |
| 11/2013 | | | 280,504 | | | Tory Burch LLC Preferred | | | 21,984,886 | |
| 06/2014 | | | 815,160 | | | Uber Technologies, Inc. Preferred | | | 12,645,618 | |
| 01/2015 | | | 293,655 | | | Zuora, Inc. Series F Preferred | | | 1,115,684 | |
| | | | | | | | | | |
| | | | | | | | $ | 99,722,127 | |
| | | | | | | | | | |
| | At June 30, 2015, the aggregate value of these securities was $91,729,634, which represents 1.3% of total net assets. |
| (2) | These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of these securities was $100,738,626, which represents 1.5% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | |
| Foreign Currency Contracts Outstanding at June 30, 2015 | |
Currency | | Buy/Sell | | | Delivery
Date | | | Counterparty | | | Contract
Amount | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
EUR | | | Sell | | | | 09/16/15 | | | | JPM | | | $ | 65,671,675 | | | $ | 65,124,694 | | | $ | 546,981 | |
GBP | | | Sell | | | | 09/16/15 | | | | BOA | | | | 8,465,323 | | | | 8,605,616 | | | | (140,293 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | $ | 406,688 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Counterparty Abbreviations: |
BOA | | Banc of America Securities LLC |
JPM | | JP Morgan Chase & Co. |
| | |
| Currency Abbreviations: |
EUR | | Euro |
GBP | | British Pound |
| | |
| Index Abbreviations: |
S&P | | Standard & Poors |
| | |
| Other Abbreviations: |
ADR | | American Depositary Receipt |
ETF | | Exchange Traded Fund |
PIPE | | Private Investment in Public Equity |
REIT | | Real Estate Investment Trust |
SPDR | | Standard & Poor’s Depositary Receipt |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 135,925,698 | | | $ | 121,149,973 | | | $ | 14,775,725 | | | $ | — | |
Banks | | | 413,213,098 | | | | 354,572,528 | | | | 58,640,570 | | | | — | |
Capital Goods | | | 397,050,320 | | | | 329,261,561 | | | | 63,546,513 | | | | 4,242,246 | |
Commercial & Professional Services | | | 47,378,430 | | | | 47,378,430 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 213,515,850 | | | | 137,037,569 | | | | 76,478,281 | | | | — | |
Consumer Services | | | 225,321,946 | | | | 222,882,006 | | | | 2,439,940 | | | | — | |
Diversified Financials | | | 309,789,247 | | | | 275,937,576 | | | | 33,846,442 | | | | 5,229 | |
Energy | | | 326,935,283 | | | | 307,313,094 | | | | 19,622,189 | | | | — | |
Food & Staples Retailing | | | 39,491,703 | | | | 30,831,675 | | | | 8,660,028 | | | | — | |
Food, Beverage & Tobacco | | | 230,197,987 | | | | 182,685,845 | | | | 47,512,142 | | | | — | |
Health Care Equipment & Services | | | 313,456,902 | | | | 313,456,902 | | | | — | | | | — | |
Household & Personal Products | | | 8,262,702 | | | | 5,843,084 | | | | 2,419,618 | | | | — | |
Insurance | | | 361,847,581 | | | | 341,023,783 | | | | 20,823,798 | | | | — | |
Materials | | | 181,688,638 | | | | 145,850,692 | | | | 35,837,946 | | | | — | |
Media | | | 127,304,007 | | | | 80,390,191 | | | | 46,913,816 | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 991,846,953 | | | | 914,453,024 | | | | 77,393,929 | | | | — | |
Real Estate | | | 58,848,605 | | | | 48,201,234 | | | | 10,647,371 | | | | — | |
Retailing | | | 420,751,088 | | | | 411,876,803 | | | | — | | | | 8,874,285 | |
Semiconductors & Semiconductor Equipment | | | 325,072,061 | | | | 297,486,467 | | | | 27,585,594 | | | | — | |
Software & Services | | | 842,607,197 | | | | 813,200,640 | | | | 26,226,774 | | | | 3,179,783 | |
Technology Hardware & Equipment | | | 371,764,771 | | | | 340,839,444 | | | | 30,925,327 | | | | — | |
Telecommunication Services | | | 44,650,122 | | | | 24,444,466 | | | | 20,205,656 | | | | — | |
Transportation | | | 233,329,955 | | | | 233,329,955 | | | | — | | | | — | |
Utilities | | | 95,683,991 | | | | 57,786,803 | | | | 37,897,188 | | | | — | |
Exchange Traded Funds | | | 34,308,196 | | | | 34,308,196 | | | | — | | | | — | |
Preferred Stocks | | | 82,487,735 | | | | 8,818,991 | | | | — | | | | 73,668,744 | |
Convertible Preferred Stocks | | | 1,759,348 | | | | — | | | | — | | | | 1,759,348 | |
Short-Term Investments | | | 119,974,904 | | | | 119,974,904 | | | | — | | | | — | |
Foreign Currency Contracts(2) | | | 546,981 | | | | — | | | | 546,981 | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 6,955,011,299 | | | $ | 6,200,335,836 | | | $ | 662,945,828 | | | $ | 91,729,635 | |
| | | | | | | | | | | | | | | | |
Liabilities | | | | | | | | | | | | | | | | |
Foreign Currency Contracts(2) | | $ | (140,293 | ) | | $ | — | | | $ | (140,293 | ) | | $ | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | (140,293 | ) | | $ | — | | | $ | (140,293 | ) | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, investments valued at $4,582,374 were transferred from Level 1 to Level 2, and investments valued at $16,477,107 were transferred from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to: |
| | a) | Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1). |
| | b) | U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2). |
| | c) | Equity investments with no observable trading but a bid or mean price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1). |
| (2) | Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/depreciation on the investments. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Capital Appreciation HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | | | | | | | | | |
| | | Common
Stocks | | | Preferred
Stocks | | | Convertible
Preferred
Stocks | | | Total | |
Beginning balance | | $ | 11,918,153 | | | $ | 81,811,280 | | | $ | 1,107,452 | | | $ | 94,836,885 | |
Purchases | | | 4,713,607 | | | | 14,333,799 | | | | — | | | | 19,047,406 | |
Sales | | | — | | | | (7,472,269 | ) | | | — | | | | (7,472,269 | ) |
Accrued discounts/(premiums) | | | — | | | | — | | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | 3,544,578 | | | | — | | | | 3,544,578 | |
Net change in unrealized appreciation/depreciation | | | (330,217 | ) | | | (8,146,757 | ) | | | 651,896 | | | | (7,825,078 | ) |
Transfers into Level 3(1) | | | — | | | | — | | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | (10,401,887 | ) | | | — | | | | (10,401,887 | ) |
| | | | | | | | | | | | | | | | |
Ending balance | | $ | 16,301,543 | | | $ | 73,668,744 | | | $ | 1,759,348 | | | $ | 91,729,635 | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $ 6,631,501.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Disciplined Equity HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 98.8% | |
| | | | Banks - 6.6% | |
| | 619,720 | | | EverBank Financial Corp. | | $ | 12,177,498 | |
| | 349,356 | | | JP Morgan Chase & Co. | | | 23,672,363 | |
| | 164,380 | | | PNC Financial Services Group, Inc. | | | 15,722,947 | |
| | | | | | | | |
| | | | | | | 51,572,808 | |
| | | | | | | | |
| | | | Capital Goods - 3.6% | |
| | 139,017 | | | AMETEK, Inc. | | | 7,615,351 | |
| | 109,785 | | | Honeywell International, Inc. | | | 11,194,777 | |
| | 99,975 | | | Illinois Tool Works, Inc. | | | 9,176,705 | |
| | | | | | | | |
| | | | | | | 27,986,833 | |
| | | | | | | | |
| | | | Commercial & Professional Services - 3.7% | |
| | 128,620 | | | Equifax, Inc. | | | 12,487,716 | |
| | 150,985 | | | Nielsen N.V. | | | 6,759,598 | |
| | 134,945 | | | Verisk Analytics, Inc. Class A* | | | 9,818,598 | |
| | | | | | | | |
| | | | | | | 29,065,912 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 0.5% | |
| | 35,001 | | | PVH Corp. | | | 4,032,115 | |
| | | | | | | | |
| | | | Consumer Services - 1.9% | |
| | 14,045 | | | Chipotle Mexican Grill, Inc.* | | | 8,497,085 | |
| | 82,111 | | | Starwood Hotels & Resorts Worldwide, Inc. | | | 6,658,381 | |
| | | | | | | | |
| | | | | | | 15,155,466 | |
| | | | | | | | |
| | | | Energy - 4.7% | |
| | 105,235 | | | Anadarko Petroleum Corp. | | | 8,214,644 | |
| | 140,075 | | | Chevron Corp. | | | 13,513,035 | |
| | 85,435 | | | EOG Resources, Inc. | | | 7,479,834 | |
| | 173,165 | | | Halliburton Co. | | | 7,458,217 | |
| | | | | | | | |
| | | | | | | 36,665,730 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 6.1% | |
| | 120,920 | | | Costco Wholesale Corp. | | | 16,331,455 | |
| | 208,750 | | | CVS Health Corp. | | | 21,893,700 | |
| | 136,014 | | | Kroger Co. | | | 9,862,375 | |
| | | | | | | | |
| | | | | | | 48,087,530 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 5.1% | |
| | 261,370 | | | Altria Group, Inc. | | | 12,783,607 | |
| | 429,910 | | | Mondelez International, Inc. Class A | | | 17,686,497 | |
| | 72,736 | | | Monster Beverage Corp.* | | | 9,748,079 | |
| | | | | | | | |
| | | | | | | 40,218,183 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 11.1% | |
| | 112,192 | | | Aetna, Inc. | | | 14,299,993 | |
| | 145,885 | | | Cerner Corp.* | | | 10,074,818 | |
| | 215,375 | | | Envision Healthcare Holdings, Inc.* | | | 8,503,005 | |
| | 80,065 | | | McKesson Corp. | | | 17,999,413 | |
| | 100,061 | | | Omnicare, Inc. | | | 9,430,749 | |
| | 144,244 | | | UnitedHealth Group, Inc. | | | 17,597,768 | |
| | 87,240 | | | Zimmer Holdings, Inc. | | | 9,529,225 | |
| | | | | | | | |
| | | | | | | 87,434,971 | |
| | | | | | | | |
| | | | Household & Personal Products - 2.5% | |
| | 153,670 | | | Coty, Inc. Class A | | | 4,912,830 | |
| | 172,293 | | | Estee Lauder Cos., Inc. Class A | | | 14,930,911 | |
| | | | | | | | |
| | | | | | | 19,843,741 | |
| | | | | | | | |
| | | | Insurance - 4.8% | |
| | 146,951 | | | ACE Ltd. | | | 14,941,978 | |
| | 214,040 | | | American International Group, Inc. | | | 13,231,953 | |
| | 261,792 | | | XL Group plc | | | 9,738,662 | |
| | | | | | | | |
| | | | | | | 37,912,593 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 98.8% - (continued) | |
| | | | Materials - 3.4% | |
| | 63,720 | | | Airgas, Inc. | | $ | 6,740,301 | |
| | 171,325 | | | Crown Holdings, Inc.* | | | 9,064,806 | |
| | 39,295 | | | Sherwin-Williams Co. | | | 10,806,911 | |
| | | | | | | | |
| | | | | | | 26,612,018 | |
| | | | | | | | |
| | | | Media - 1.9% | |
| | 243,525 | | | Comcast Corp. Class A | | | 14,596,888 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 10.4% | |
| | 56,150 | | | Allergan plc* | | | 17,039,279 | |
| | 19,230 | | | Biogen, Inc.* | | | 7,767,766 | |
| | 251,720 | | | Bristol-Myers Squibb Co. | | | 16,749,449 | |
| | 211,605 | | | Eli Lilly & Co. | | | 17,666,902 | |
| | 57,480 | | | Gilead Sciences, Inc. | | | 6,729,758 | |
| | 279,723 | | | Merck & Co., Inc. | | | 15,924,630 | |
| | | | | | | | |
| | | | | | | 81,877,784 | |
| | | | | | | | |
| | | | Retailing - 8.6% | |
| | 28,365 | | | AutoZone, Inc.* | | | 18,916,618 | |
| | 118,008 | | | Dollar Tree, Inc.* | | | 9,321,452 | |
| | 218,770 | | | Lowe’s Cos., Inc. | | | 14,651,027 | |
| | 263,024 | | | Ross Stores, Inc. | | | 12,785,597 | |
| | 183,135 | | | TJX Cos., Inc. | | | 12,118,043 | |
| | | | | | | | |
| | | | | | | 67,792,737 | |
| | | | | | | | |
| | | | Software & Services - 14.6% | |
| | 118,265 | | | Accenture plc Class A | | | 11,445,687 | |
| | 323,540 | | | Activision Blizzard, Inc. | | | 7,832,903 | |
| | 130,425 | | | Automatic Data Processing, Inc. | | | 10,463,998 | |
| | 79,350 | | | Fiserv, Inc.* | | | 6,572,561 | |
| | 353,860 | | | Genpact Ltd.* | | | 7,547,834 | |
| | 24,935 | | | Google, Inc. Class A* | | | 13,465,897 | |
| | 18,506 | | | Google, Inc. Class C* | | | 9,632,558 | |
| | 73,497 | | | Intuit, Inc. | | | 7,406,293 | |
| | 151,079 | | | Jack Henry & Associates, Inc. | | | 9,774,811 | |
| | 108,775 | | | Mastercard, Inc. Class A | | | 10,168,287 | |
| | 409,889 | | | Microsoft Corp. | | | 18,096,599 | |
| | 63,000 | | | PTC, Inc.* | | | 2,584,260 | |
| | | | | | | | |
| | | | | | | 114,991,688 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 4.3% | |
| | 182,242 | | | Apple, Inc. | | | 22,857,703 | |
| | 385,882 | | | Cisco Systems, Inc. | | | 10,596,320 | |
| | | | | | | | |
| | | | | | | 33,454,023 | |
| | | | | | | | |
| | | | Transportation - 0.9% | |
| | 41,750 | | | FedEx Corp. | | | 7,114,200 | |
| | | | | | | | |
| | | | Utilities - 4.1% | |
| | 219,860 | | | American Electric Power Co., Inc. | | | 11,645,984 | |
| | 131,415 | | | NextEra Energy, Inc. | | | 12,882,613 | |
| | 138,545 | | | Pinnacle West Capital Corp. | | | 7,881,825 | |
| | | | | | | | |
| | | | | | | 32,410,422 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $584,047,919) | | $ | 776,825,642 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $584,047,919) | | $ | 776,825,642 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Disciplined Equity HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SHORT-TERM INVESTMENTS - 1.2% | |
| | | | Other Investment Pools & Funds - 1.2% | | | |
| | 9,357,848 | | | BlackRock Liquidity Funds TempFund Portfolio | | $ | 9,357,848 | |
| | | | | | | | |
| | | | Total Short-Term Investments
(cost $9,357,848) | | | 9,357,848 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $593,405,767)^ | | | 100.0 | % | | $ | 786,183,490 | |
| | Other Assets and Liabilities | | | 0.0 | % | | | 267,814 | |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 786,451,304 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Disciplined Equity HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Equity Industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $593,919,112 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 197,897,854 | |
Unrealized Depreciation | | | (5,633,476 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 192,264,378 | |
| | | | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Disciplined Equity HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Banks | | $ | 51,572,808 | | | $ | 51,572,808 | | | $ | — | | | $ | — | |
Capital Goods | | | 27,986,833 | | | | 27,986,833 | | | | — | | | | — | |
Commercial & Professional Services | | | 29,065,912 | | | | 29,065,912 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 4,032,115 | | | | 4,032,115 | | | | — | | | | — | |
Consumer Services | | | 15,155,466 | | | | 15,155,466 | | | | — | | | | — | |
Energy | | | 36,665,730 | | | | 36,665,730 | | | | — | | | | — | |
Food & Staples Retailing | | | 48,087,530 | | | | 48,087,530 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 40,218,183 | | | | 40,218,183 | | | | — | | | | — | |
Health Care Equipment & Services | | | 87,434,971 | | | | 87,434,971 | | | | — | | | | — | |
Household & Personal Products | | | 19,843,741 | | | | 19,843,741 | | | | — | | | | — | |
Insurance | | | 37,912,593 | | | | 37,912,593 | | | | — | | | | — | |
Materials | | | 26,612,018 | | | | 26,612,018 | | | | — | | | | — | |
Media | | | 14,596,888 | | | | 14,596,888 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 81,877,784 | | | | 81,877,784 | | | | — | | | | — | |
Retailing | | | 67,792,737 | | | | 67,792,737 | | | | — | | | | — | |
Software & Services | | | 114,991,688 | | | | 114,991,688 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 33,454,023 | | | | 33,454,023 | | | | — | | | | — | |
Transportation | | | 7,114,200 | | | | 7,114,200 | | | | — | | | | — | |
Utilities | | | 32,410,422 | | | | 32,410,422 | | | | — | | | | — | |
Short-Term Investments | | | 9,357,848 | | | | 9,357,848 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 786,183,490 | | | $ | 786,183,490 | | | $ | — | | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Dividend and Growth HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 98.8% | |
| | | | Automobiles & Components - 1.3% | |
| | 3,352,446 | | | Ford Motor Co. | | $ | 50,320,213 | |
| | | | | | | | |
| | | | Banks - 12.8% | |
| | 2,913,350 | | | Bank of America Corp. | | | 49,585,217 | |
| | 464,769 | | | Bank of Nova Scotia | | | 23,996,023 | |
| | 805,924 | | | Citigroup, Inc. | | | 44,519,242 | |
| | 1,510,210 | | | JP Morgan Chase & Co. | | | 102,331,829 | |
| | 700,644 | | | PNC Financial Services Group, Inc. | | | 67,016,599 | |
| | 395,739 | | | US Bancorp | | | 17,175,073 | |
| | 3,099,724 | | | Wells Fargo & Co. | | | 174,328,478 | |
| | | | | | | | |
| | | | | | | 478,952,461 | |
| | | | | | | | |
| | | | Capital Goods - 7.1% | |
| | 393,650 | | | Caterpillar, Inc. | | | 33,389,393 | |
| | 539,011 | | | Eaton Corp. plc | | | 36,377,852 | |
| | 1,453,148 | | | General Electric Co. | | | 38,610,142 | |
| | 511,212 | | | Honeywell International, Inc. | | | 52,128,288 | |
| | 124,276 | | | Lockheed Martin Corp. | | | 23,102,908 | |
| | 190,994 | | | Raytheon Co. | | | 18,274,306 | |
| | 499,921 | | | Textron, Inc. | | | 22,311,474 | |
| | 396,765 | | | United Technologies Corp. | | | 44,013,142 | |
| | | | | | | | |
| | | | | | | 268,207,505 | |
| | | | | | | | |
| | | | Commercial & Professional Services - 2.0% | |
| | 269,814 | | | Equifax, Inc. | | | 26,196,241 | |
| | 1,063,190 | | | Nielsen N.V. | | | 47,599,017 | |
| | | | | | | | |
| | | | | | | 73,795,258 | |
| | | | | | | | |
| | | | Consumer Services - 0.7% | |
| | 219,883 | | | Las Vegas Sands Corp. | | | 11,559,249 | |
| | 186,430 | | | Starwood Hotels & Resorts Worldwide, Inc. | | | 15,117,609 | |
| | | | | | | | |
| | | | | | | 26,676,858 | |
| | | | | | | | |
| | | | Diversified Financials - 2.4% | |
| | 134,717 | | | Ameriprise Financial, Inc. | | | 16,830,195 | |
| | 158,970 | | | BlackRock, Inc. | | | 55,000,440 | |
| | 219,700 | | | Northern Trust Corp. | | | 16,798,262 | |
| | | | | | | | |
| | | | | | | 88,628,897 | |
| | | | | | | | |
| | | | Energy - 9.3% | |
| | 434,755 | | | Anadarko Petroleum Corp. | | | 33,936,975 | |
| | 616,560 | | | Canadian Natural Resources Ltd. | | | 16,745,770 | |
| | 869,126 | | | Chevron Corp. | | | 83,844,585 | |
| | 185,330 | | | EOG Resources, Inc. | | | 16,225,642 | |
| | 922,277 | | | Exxon Mobil Corp. | | | 76,733,446 | |
| | 369,890 | | | Hess Corp. | | | 24,738,243 | |
| | 676,380 | | | Imperial Oil Ltd. | | | 26,121,796 | |
| | 1,141,200 | | | Marathon Oil Corp. | | | 30,287,448 | |
| | 240,982 | | | Schlumberger Ltd. | | | 20,770,239 | |
| | 382,590 | | | Total S.A. ADR | | | 18,811,950 | |
| | | | | | | | |
| | | | | | | 348,216,094 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 3.5% | |
| | 784,571 | | | CVS Health Corp. | | | 82,285,807 | |
| | 456,184 | | | Wal-Mart Stores, Inc. | | | 32,357,131 | |
| | 212,096 | | | Walgreens Boots Alliance, Inc. | | | 17,909,386 | |
| | | | | | | | |
| | | | | | | 132,552,324 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 3.5% | |
| | 967,310 | | | Coca-Cola Co. | | | 37,947,571 | |
| | 823,419 | | | Mondelez International, Inc. Class A | | | 33,875,458 | |
| | 276,940 | | | PepsiCo, Inc. | | | 25,849,580 | |
| | 404,312 | | | Philip Morris International, Inc. | | | 32,413,693 | |
| | | | | | | | |
| | | | | | | 130,086,302 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 98.8% - (continued) | |
| | | | Health Care Equipment & Services - 4.2% | |
| | 587,769 | | | Cardinal Health, Inc. | | $ | 49,166,877 | |
| | 860,539 | | | Medtronic plc | | | 63,765,940 | |
| | 360,378 | | | UnitedHealth Group, Inc. | | | 43,966,116 | |
| | | | | | | | |
| | | | | | | 156,898,933 | |
| | | | | | | | |
| | | | Household & Personal Products - 0.6% | |
| | 291,461 | | | Procter & Gamble Co. | | | 22,803,909 | |
| | | | | | | | |
| | | | Insurance - 7.0% | |
| | 695,478 | | | ACE Ltd. | | | 70,716,203 | |
| | 600,445 | | | Marsh & McLennan Cos., Inc. | | | 34,045,231 | |
| | 700,441 | | | MetLife, Inc. | | | 39,217,692 | |
| | 916,210 | | | Principal Financial Group, Inc. | | | 46,992,411 | |
| | 815,766 | | | Prudential Financial, Inc. | | | 71,395,840 | |
| | | | | | | | |
| | | | | | | 262,367,377 | |
| | | | | | | | |
| | | | Materials - 1.7% | |
| | 449,060 | | | Celanese Corp. Series A | | | 32,278,433 | |
| | 697,049 | | | International Paper Co. | | | 33,172,562 | |
| | | | | | | | |
| | | | | | | 65,450,995 | |
| | | | | | | | |
| | | | Media - 3.3% | |
| | 1,679,373 | | | Comcast Corp. Class A | | | 100,997,492 | |
| | 681,160 | | | Twenty-First Century Fox, Inc. Class A | | | 22,168,352 | |
| | | | | | | | |
| | | | | | | 123,165,844 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 12.2% | |
| | 774,543 | | | AstraZeneca plc ADR | | | 49,346,135 | |
| | 1,092,226 | | | Bristol-Myers Squibb Co. | | | 72,676,718 | |
| | 734,082 | | | Eli Lilly & Co. | | | 61,288,506 | |
| | 726,215 | | | Johnson & Johnson | | | 70,776,914 | |
| | 2,393,073 | | | Merck & Co., Inc. | | | 136,237,646 | |
| | 2,047,902 | | | Pfizer, Inc. | | | 68,666,154 | |
| | | | | | | | |
| | | | | | | 458,992,073 | |
| | | | | | | | |
| | | | Retailing - 1.3% | |
| | 751,981 | | | Lowe’s Cos., Inc. | | | 50,360,168 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 3.2% | |
| | 380,229 | | | Analog Devices, Inc. | | | 24,404,998 | |
| | 2,276,241 | | | Intel Corp. | | | 69,231,870 | |
| | 502,225 | | | Texas Instruments, Inc. | | | 25,869,610 | |
| | | | | | | | |
| | | | | | | 119,506,478 | |
| | | | | | | | |
| | | | Software & Services - 7.3% | |
| | 582,764 | | | Accenture plc Class A | | | 56,399,900 | |
| | 124,870 | | | Google, Inc. Class A* | | | 67,434,795 | |
| | 2,465,152 | | | Microsoft Corp. | | | 108,836,460 | |
| | 783,987 | | | Oracle Corp. | | | 31,594,676 | |
| | 759,220 | | | Xerox Corp. | | | 8,078,101 | |
| | | | | | | | |
| | | | | | | 272,343,932 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 5.0% | |
| | 595,615 | | | Apple, Inc. | | | 74,705,011 | |
| | 405,890 | | | Avnet, Inc. | | | 16,686,138 | |
| | 2,138,634 | | | Cisco Systems, Inc. | | | 58,726,890 | |
| | 278,677 | | | Qualcomm, Inc. | | | 17,453,540 | |
| | 242,530 | | | Western Digital Corp. | | | 19,019,203 | |
| | | | | | | | |
| | | | | | | 186,590,782 | |
| | | | | | | | |
| | | | Telecommunication Services - 2.5% | |
| | 2,006,159 | | | Verizon Communications, Inc. | | | 93,507,071 | |
| | | | | | | | |
| | | | Transportation - 4.4% | |
| | 163,340 | | | Canadian National Railway Co. | | | 9,432,885 | |
| | 962,032 | | | CSX Corp. | | | 31,410,345 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Dividend and Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 98.8% - (continued) | |
| | | | Transportation - 4.4% - (continued) | |
| | 674,557 | | | Delta Air Lines, Inc. | | $ | 27,710,801 | |
| | 214,907 | | | FedEx Corp. | | | 36,620,153 | |
| | 621,858 | | | United Parcel Service, Inc. Class B | | | 60,264,259 | |
| | | | | | | | |
| | | | | | | 165,438,443 | |
| | | | | | | | |
| | | | Utilities - 3.5% | |
| | 501,616 | | | Dominion Resources, Inc. | | | 33,543,062 | |
| | 168,590 | | | Edison International | | | 9,370,232 | |
| | 888,322 | | | Exelon Corp. | | | 27,911,077 | |
| | 470,338 | | | NextEra Energy, Inc. | | | 46,107,234 | |
| | 670,170 | | | NRG Energy, Inc. | | | 15,333,490 | |
| | | | | | | | |
| | | | | | | 132,265,095 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $2,646,593,153) | | $ | 3,707,127,012 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $2,646,593,153) | | $ | 3,707,127,012 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 0.9% | |
| | | | Other Investment Pools & Funds - 0.9% | |
| | 32,452,587 | | | Fidelity Money Market Class 1 | | | 32,452,587 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $32,452,587) | | | 32,452,587 | |
| | | | | | | | |
| | | | | | | | | | |
| | Total Investments
(cost $2,679,045,740)^ | | | 99.7 | % | | $ | 3,739,579,599 | |
| | Other Assets and Liabilities | | | 0.3 | % | | | 12,586,465 | |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 3,752,166,064 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Dividend and Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Equity Industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $2,682,520,866 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 1,123,836,851 | |
Unrealized Depreciation | | | (66,778,118 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 1,057,058,733 | |
| | | | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Dividend and Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 50,320,213 | | | $ | 50,320,213 | | | $ | — | | | $ | — | |
Banks | | | 478,952,461 | | | | 478,952,461 | | | | — | | | | — | |
Capital Goods | | | 268,207,505 | | | | 268,207,505 | | | | — | | | | — | |
Commercial & Professional Services | | | 73,795,258 | | | | 73,795,258 | | | | — | | | | — | |
Consumer Services | | | 26,676,858 | | | | 26,676,858 | | | | — | | | | — | |
Diversified Financials | | | 88,628,897 | | | | 88,628,897 | | | | — | | | | — | |
Energy | | | 348,216,094 | | | | 348,216,094 | | | | — | | | | — | |
Food & Staples Retailing | | | 132,552,324 | | | | 132,552,324 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 130,086,302 | | | | 130,086,302 | | | | — | | | | — | |
Health Care Equipment & Services | | | 156,898,933 | | | | 156,898,933 | | | | — | | | | — | |
Household & Personal Products | | | 22,803,909 | | | | 22,803,909 | | | | — | | | | — | |
Insurance | | | 262,367,377 | | | | 262,367,377 | | | | — | | | | — | |
Materials | | | 65,450,995 | | | | 65,450,995 | | | | — | | | | — | |
Media | | | 123,165,844 | | | | 123,165,844 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 458,992,073 | | | | 458,992,073 | | | | — | | | | — | |
Retailing | | | 50,360,168 | | | | 50,360,168 | | | | — | | | | — | |
Semiconductors & Semiconductor Equipment | | | 119,506,478 | | | | 119,506,478 | | | | — | | | | — | |
Software & Services | | | 272,343,932 | | | | 272,343,932 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 186,590,782 | | | | 186,590,782 | | | | — | | | | — | |
Telecommunication Services | | | 93,507,071 | | | | 93,507,071 | | | | — | | | | — | |
Transportation | | | 165,438,443 | | | | 165,438,443 | | | | — | | | | — | |
Utilities | | | 132,265,095 | | | | 132,265,095 | | | | — | | | | — | |
Short-Term Investments | | | 32,452,587 | | | | 32,452,587 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 3,739,579,599 | | | $ | 3,739,579,599 | | | $ | — | | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Global Growth HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.0% | |
| | | | Automobiles & Components - 1.4% | |
| | 47,000 | | | Delphi Automotive plc | | $ | 3,999,230 | |
| | 12,091 | | | Volkswagen AG (Preference Shares) | | | 2,806,063 | |
| | | | | | | | |
| | | | | | | 6,805,293 | |
| | | | | | | | |
| | | | Banks - 4.7% | |
| | 256,151 | | | Banco Bilbao Vizcaya Argentaria S.A. | | | 2,524,099 | |
| | 123,252 | | | Bank of America Corp. | | | 2,097,749 | |
| | 6,342,412 | | | Bank of Ireland* | | | 2,567,385 | |
| | 40,444 | | | BNP Paribas S.A. | | | 2,454,252 | |
| | 5,734,000 | | | China Construction Bank Class H | | | 5,230,300 | |
| | 248,783 | | | ICICI Bank Ltd. ADR | | | 2,592,319 | |
| | 435,860 | | | Mitsubishi UFJ Financial Group, Inc. | | | 3,135,778 | |
| | 314,100 | | | Unione di Banche Italiane SCpA | | | 2,520,390 | |
| | | | | | | | |
| | | | | | | 23,122,272 | |
| | | | | | | | |
| | | | Capital Goods - 4.5% | |
| | 133,422 | | | ABB Ltd. | | | 2,796,301 | |
| | 449,000 | | | Mitsubishi Heavy Industries Ltd. | | | 2,729,449 | |
| | 15,891 | | | Northrop Grumman Corp. | | | 2,520,789 | |
| | 46,660 | | | Safran S.A. | | | 3,170,984 | |
| | 30,400 | | | Schneider Electric S.A. | | | 2,104,865 | |
| | 7,922 | | | SMC Corp. | | | 2,383,881 | |
| | 69,982 | | | Textron, Inc. | | | 3,123,297 | |
| | 25,879 | | | Wabco Holdings, Inc.* | | | 3,201,750 | |
| | | | | | | | |
| | | | | | | 22,031,316 | |
| | | | | | | | |
| | | | Commercial & Professional Services - 0.5% | |
| | 28,040 | | | Equifax, Inc. | | | 2,722,404 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 4.0% | |
| | 104,209 | | | Electrolux AB Series B | | | 3,265,195 | |
| | 45,100 | | | GoPro, Inc. Class A* | | | 2,377,672 | |
| | 20,700 | | | Harman International Industries, Inc. | | | 2,462,058 | |
| | 37,298 | | | Pandora A/S | | | 4,002,231 | |
| | 98,535 | | | Persimmon plc | | | 3,057,142 | |
| | 155,600 | | | Sony Corp.* | | | 4,418,551 | |
| | | | | | | | |
| | | | | | | 19,582,849 | |
| | | | | | | | |
| | | | Consumer Services - 1.9% | |
| | 4,136 | | | Chipotle Mexican Grill, Inc.* | | | 2,502,239 | |
| | 111,833 | | | MGM Resorts International* | | | 2,040,952 | |
| | 595,662 | | | Sands China Ltd. | | | 2,001,900 | |
| | 51,108 | | | Starbucks Corp. | | | 2,740,156 | |
| | | | | | | | |
| | | | | | | 9,285,247 | |
| | | | | | | | |
| | | | Diversified Financials - 8.8% | |
| | 20,650 | | | Ameriprise Financial, Inc. | | | 2,579,805 | |
| | 18,890 | | | BlackRock, Inc. | | | 6,535,562 | |
| | 57,153 | | | Discover Financial Services | | | 3,293,156 | |
| | 80,500 | | | Hong Kong Exchanges and Clearing Ltd. | | | 2,836,380 | |
| | 229,670 | | | IG Group Holdings plc | | | 2,692,055 | |
| | 67,347 | | | Julius Baer Group Ltd.* | | | 3,779,106 | |
| | 55,350 | | | Legg Mason, Inc. | | | 2,852,186 | |
| | 39,485 | | | Moody’s Corp. | | | 4,262,801 | |
| | 61,970 | | | MSCI, Inc. | | | 3,814,253 | |
| | 9,952 | | | Partners Group Holding AG | | | 2,974,529 | |
| | 58,870 | | | SEI Investments Co. | | | 2,886,396 | |
| | 209,330 | | | UBS Group AG | | | 4,441,245 | |
| | | | | | | | |
| | | | | | | 42,947,474 | |
| | | | | | | | |
| | | | Energy - 1.2% | |
| | 28,123 | | | EOG Resources, Inc. | | | 2,462,169 | |
| | 23,867 | | | Pioneer Natural Resources Co. | | | 3,310,114 | |
| | | | | | | | |
| | | | | | | 5,772,283 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.0% - (continued) | |
| | | | Food & Staples Retailing - 2.3% | |
| | 74,411 | | | CVS Health Corp. | | $ | 7,804,226 | |
| | 78,725 | | | Seven & I Holdings Co., Ltd. | | | 3,379,319 | |
| | | | | | | | |
| | | | | | | 11,183,545 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 5.0% | |
| | 49,505 | | | Altria Group, Inc. | | | 2,421,290 | |
| | 39,899 | | | Anheuser-Busch InBev N.V. | | | 4,801,459 | |
| | 47,204 | | | British American Tobacco plc | | | 2,541,581 | |
| | 393,000 | | | China Mengniu Dairy Co., Ltd. | | | 1,959,537 | |
| | 56,277 | | | Imperial Tobacco Group plc | | | 2,710,423 | |
| | 102,600 | | | Mondelez International, Inc. Class A | | | 4,220,964 | |
| | 23,550 | | | Monster Beverage Corp.* | | | 3,156,171 | |
| | 34,771 | | | Reynolds American, Inc. | | | 2,596,003 | |
| | | | | | | | |
| | | | | | | 24,407,428 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 3.3% | |
| | 53,363 | | | Aetna, Inc. | | | 6,801,648 | |
| | 15,900 | | | Edwards Lifesciences Corp.* | | | 2,264,637 | |
| | 33,015 | | | Medtronic plc | | | 2,446,411 | |
| | 38,980 | | | UnitedHealth Group, Inc. | | | 4,755,560 | |
| | | | | | | | |
| | | | | | | 16,268,256 | |
| | | | | | | | |
| | | | Household & Personal Products - 0.5% | |
| | 29,600 | | | Estee Lauder Cos., Inc. Class A | | | 2,565,136 | |
| | | | | | | | |
| | | | Insurance - 5.8% | |
| | 30,740 | | | ACE Ltd. | | | 3,125,643 | |
| | 111,866 | | | American International Group, Inc. | | | 6,915,556 | |
| | 37,739 | | | Aon plc | | | 3,761,824 | |
| | 134,955 | | | Assured Guaranty Ltd. | | | 3,237,570 | |
| | 1,286,480 | | | PICC Property & Casualty Co., Ltd. Class H | | | 2,928,540 | |
| | 53,544 | | | Principal Financial Group, Inc. | | | 2,746,272 | |
| | 215,888 | | | St James’s Place plc | | | 3,069,833 | |
| | 67,008 | | | XL Group plc | | | 2,492,698 | |
| | | | | | | | |
| | | | | | | 28,277,936 | |
| | | | | | | | |
| | | | Materials - 1.8% | |
| | 52,905 | | | CF Industries Holdings, Inc. | | | 3,400,733 | |
| | 33,295 | | | HeidelbergCement AG | | | 2,638,856 | |
| | 198,209 | | | James Hardie Industries plc | | | 2,638,201 | |
| | | | | | | | |
| | | | | | | 8,677,790 | |
| | | | | | | | |
| | | | Media - 2.8% | |
| | 51,543 | | | Comcast Corp. Class A | | | 3,099,796 | |
| | 56,581 | | | ProSiebenSat.1 Media AG | | | 2,794,768 | |
| | 86,152 | | | Twenty-First Century Fox, Inc. Class A | | | 2,803,817 | |
| | 23,170 | | | Walt Disney Co. | | | 2,644,624 | |
| | 110,015 | | | WPP plc | | | 2,469,415 | |
| | | | | | | | |
| | | | | | | 13,812,420 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 12.8% | |
| | 11,635 | | | Allergan plc* | | | 3,530,757 | |
| | 40,775 | | | AstraZeneca plc | | | 2,580,660 | |
| | 8,614 | | | Biogen, Inc.* | | | 3,479,539 | |
| | 152,173 | | | Bristol-Myers Squibb Co. | | | 10,125,592 | |
| | 35,145 | | | Celgene Corp.* | | | 4,067,507 | |
| | 39,400 | | | Eisai Co., Ltd. | | | 2,641,557 | |
| | 37,800 | | | Eli Lilly & Co. | | | 3,155,922 | |
| | 44,314 | | | Gilead Sciences, Inc. | | | 5,188,283 | |
| | 114,840 | | | Merck & Co., Inc. | | | 6,537,841 | |
| | 59,148 | | | Novartis AG | | | 5,817,824 | |
| | 96,285 | | | Novo Nordisk A/S Class B | | | 5,283,626 | |
| | 6,977 | | | Regeneron Pharmaceuticals, Inc.* | | | 3,559,177 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Global Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.0% - (continued) | |
| | | | Pharmaceuticals, Biotechnology &
Life Sciences - 12.8% - (continued) | |
| | 14,816 | | | Roche Holding AG | | $ | 4,154,279 | |
| | 37,519 | | | UCB S.A. | | | 2,697,811 | |
| | | | | | | | |
| | | | | | | 62,820,375 | |
| | | | | | | | |
| | | | Real Estate - 1.7% | |
| | 34,613 | | | American Tower Corp. REIT | | | 3,229,047 | |
| | 85,000 | | | Mitsui Fudosan Co., Ltd. | | | 2,378,546 | |
| | 14,538 | | | Public Storage REIT | | | 2,680,371 | |
| | | | | | | | |
| | | | | | | 8,287,964 | |
| | | | | | | | |
| | | | Retailing - 4.7% | |
| | 9,710 | | | Amazon.com, Inc.* | | | 4,215,014 | |
| | 30,238 | | | Expedia, Inc. | | | 3,306,525 | |
| | 41,130 | | | Home Depot, Inc. | | | 4,570,777 | |
| | 124,182 | | | Lowe’s Cos., Inc. | | | 8,316,469 | |
| | 3,950 | | | Netflix, Inc.* | | | 2,594,913 | |
| | | | | | | | |
| | | | | | | 23,003,698 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 2.5% | |
| | 187,835 | | | ARM Holdings plc | | | 3,073,708 | |
| | 199,367 | | | Infineon Technologies AG | | | 2,474,063 | |
| | 36,410 | | | NXP Semiconductors N.V.* | | | 3,575,462 | |
| | 665,000 | | | Taiwan Semiconductor Manufacturing Co., Ltd. | | | 3,024,831 | |
| | | | | | | | |
| | | | | | | 12,148,064 | |
| | | | | | | | |
| | | | Software & Services - 20.5% | |
| | 42,505 | | | Accenture plc Class A | | | 4,113,634 | |
| | 159,477 | | | Activision Blizzard, Inc. | | | 3,860,938 | |
| | 45,099 | | | Adobe Systems, Inc.* | | | 3,653,470 | |
| | 35,454 | | | Akamai Technologies, Inc.* | | | 2,475,398 | |
| | 36,639 | | | Alibaba Group Holding Ltd. ADR* | | | 3,014,291 | |
| | 36,346 | | | Automatic Data Processing, Inc. | | | 2,916,040 | |
| | 28,908 | | | Baidu, Inc. ADR* | | | 5,755,005 | |
| | 38,007 | | | Check Point Software Technologies Ltd. ADR* | | | 3,023,457 | |
| | 56,487 | | | Cognizant Technology Solutions Corp. Class A* | | | 3,450,791 | |
| | 3,575 | | | Dropbox, Inc. Class B*(1)(2) | | | 61,458 | |
| | 59,096 | | | Facebook, Inc. Class A* | | | 5,068,368 | |
| | 17,538 | | | Factset Research Systems, Inc. | | | 2,850,100 | |
| | 42,105 | | | Fiserv, Inc.* | | | 3,487,557 | |
| | 44,104 | | | Gartner, Inc. Class A* | | | 3,783,241 | |
| | 8,891 | | | Google, Inc. Class C* | | | 4,627,854 | |
| | 53,970 | | | Intuit, Inc. | | | 5,438,557 | |
| | 55,980 | | | Jack Henry & Associates, Inc. | | | 3,621,906 | |
| | 89,505 | | | Mastercard, Inc. Class A | | | 8,366,927 | |
| | 71,220 | | | Microsoft Corp. | | | 3,144,363 | |
| | 61,987 | | | Mobileye N.V.* | | | 3,295,849 | |
| | 17,100 | | | Nintendo Co., Ltd. | | | 2,852,751 | |
| | 111,615 | | | Oracle Corp. | | | 4,498,085 | |
| | 50,323 | | | Salesforce.com, Inc.* | | | 3,503,990 | |
| | 64,956 | | | Vantiv, Inc. Class A* | | | 2,480,670 | |
| | 54,000 | | | VeriSign, Inc.* | | | 3,332,880 | |
| | 72,016 | | | Visa, Inc. Class A | | | 4,835,874 | |
| | 31,000 | | | Zillow Group, Inc. Class A* | | | 2,688,940 | |
| | | | | | | | |
| | | | | | | 100,202,394 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 6.5% | |
| | 172,497 | | | Apple, Inc. | | | 21,635,436 | |
| | 89,345 | | | Cisco Systems, Inc. | | | 2,453,414 | |
| | 30,135 | | | F5 Networks, Inc.* | | | 3,626,747 | |
| | 34,700 | | | Largan Precision Co., Ltd. | | | 3,961,031 | |
| | | | | | | | |
| | | | | | | 31,676,628 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.0% - (continued) | |
| | | | Telecommunication Services - 0.7% | |
| | 92,881 | | | T-Mobile US, Inc.* | | $ | 3,600,996 | |
| | | | | | | | |
| | | | Transportation - 1.1% | |
| | 17,222 | | | FedEx Corp. | | | 2,934,629 | |
| | 50,453 | | | United Continental Holdings, Inc.* | | | 2,674,513 | |
| | | | | | | | |
| | | | | | | 5,609,142 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $394,436,078) | | $ | 484,810,910 | |
| | | | | | | | |
| PREFERRED STOCKS - 0.0% | |
| | | | Technology Hardware & Equipment - 0.0% | | | |
| | 2,372 | | | Pure Storage, Inc.*(1)(2) | | $ | 41,225 | |
| | | | | | | | |
| | |
| | | | Total Preferred Stocks
(cost $37,302) | | $ | 41,225 | |
| | | | | | | | |
| WARRANTS - 0.0% | |
| | | | Diversified Financials - 0.0% | |
| | 16,228 | | | Atlas Mara Ltd.* | | $ | 2,840 | |
| | 1,035 | | | Imperial Holdings, Inc.*(1) | | | — | |
| | | | | | | | |
| | |
| | | | Total Warrants
(cost $162) | | $ | 2,840 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $394,473,542) | | $ | 484,854,975 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 1.0% | |
| | | | Other Investment Pools & Funds - 1.0% | |
| | 4,930,394 | | | Fidelity Money Market Class 1 | | $ | 4,930,394 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $4,930,394) | | $ | 4,930,394 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $399,403,936)^ | | | 100.0 | % | | | 489,785,369 | |
| | Other Assets and Liabilities | | | 0.0 | % | | | (166,864 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 489,618,505 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Global Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $399,864,611 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 95,811,856 | |
Unrealized Depreciation | | | (5,891,098 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 89,920,758 | |
| | | | |
| (1) | The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
| 05/2012 | | | 3,575 | | | Dropbox, Inc. | | $ | 32,360 | |
| 12/2014 | | | 1,035 | | | Imperial Holdings, Inc. Warrants | | | — | |
| 04/2014 | | | 2,372 | | | Pure Storage, Inc. Preferred | | | 37,302 | |
| | | | | | | | | | |
| | | | | | | | $ | 69,662 | |
| | | | | | | | | | |
| | At June 30, 2015, the aggregate value of these securities were $102,683, which represents 0.0% of total net assets. |
| (2) | These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of these securities was $102,683, which represents 0.0% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Global Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 6,805,293 | | | $ | 3,999,230 | | | $ | 2,806,063 | | | $ | — | |
Banks | | | 23,122,272 | | | | 4,690,068 | | | | 18,432,204 | | | | — | |
Capital Goods | | | 22,031,316 | | | | 8,845,836 | | | | 13,185,480 | | | | — | |
Commercial & Professional Services | | | 2,722,404 | | | | 2,722,404 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 19,582,849 | | | | 4,839,730 | | | | 14,743,119 | | | | — | |
Consumer Services | | | 9,285,247 | | | | 7,283,347 | | | | 2,001,900 | | | | — | |
Diversified Financials | | | 42,947,474 | | | | 26,224,159 | | | | 16,723,315 | | | | — | |
Energy | | | 5,772,283 | | | | 5,772,283 | | | | — | | | | — | |
Food & Staples Retailing | | | 11,183,545 | | | | 7,804,226 | | | | 3,379,319 | | | | — | |
Food, Beverage & Tobacco | | | 24,407,428 | | | | 14,353,965 | | | | 10,053,463 | | | | — | |
Health Care Equipment & Services | | | 16,268,256 | | | | 16,268,256 | | | | — | | | | — | |
Household & Personal Products | | | 2,565,136 | | | | 2,565,136 | | | | — | | | | — | |
Insurance | | | 28,277,936 | | | | 22,279,563 | | | | 5,998,373 | | | | — | |
Materials | | | 8,677,790 | | | | 3,400,733 | | | | 5,277,057 | | | | — | |
Media | | | 13,812,420 | | | | 8,548,237 | | | | 5,264,183 | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 62,820,375 | | | | 39,644,618 | | | | 23,175,757 | | | | — | |
Real Estate | | | 8,287,964 | | | | 5,909,418 | | | | 2,378,546 | | | | — | |
Retailing | | | 23,003,698 | | | | 23,003,698 | | | | — | | | | — | |
Semiconductors & Semiconductor Equipment | | | 12,148,064 | | | | 3,575,462 | | | | 8,572,602 | | | | — | |
Software & Services | | | 100,202,394 | | | | 97,288,185 | | | | 2,852,751 | | | | 61,458 | |
Technology Hardware & Equipment | | | 31,676,628 | | | | 27,715,597 | | | | 3,961,031 | | | | — | |
Telecommunication Services | | | 3,600,996 | | | | 3,600,996 | | | | — | | | | — | |
Transportation | | | 5,609,142 | | | | 5,609,142 | | | | — | | | | — | |
Preferred Stocks | | | 41,225 | | | | — | | | | — | | | | 41,225 | |
Warrants | | | 2,840 | | | | 2,840 | | | | 0 | | | | — | |
Short-Term Investments | | | 4,930,394 | | | | 4,930,394 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 489,785,369 | | | $ | 350,877,523 | | | $ | 138,805,163 | | | $ | 102,683 | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | | | | | |
| | | Common Stocks | | | Preferred Stocks | | | Total | |
Beginning balance | | $ | 61,458 | | | $ | 33,572 | | | $ | 95,030 | |
Purchases | | | — | | | | — | | | | — | |
Sales | | | — | | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | — | | | | 7,653 | | | | 7,653 | |
Transfers into Level 3(1) | | | — | | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | | | | — | |
| | | | | | | | | | | | |
Ending balance | | $ | 61,458 | | | $ | 41,225 | | | $ | 102,683 | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $7,653.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Growth Opportunities HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 92.7% | | | |
| | | | Automobiles & Components - 0.9% | |
| | 46,102 | | | Tesla Motors, Inc.* | | $ | 12,367,323 | |
| | | | | | | | |
| | | | Capital Goods - 9.2% | |
| | 90,900 | | | Acuity Brands, Inc. | | | 16,360,182 | |
| | 432,537 | | | AECOM* | | | 14,308,324 | |
| | 348,239 | | | AMETEK, Inc. | | | 19,076,533 | |
| | 242,048 | | | Danaher Corp. | | | 20,716,888 | |
| | 362,905 | | | DigitalGlobe, Inc.* | | | 10,085,130 | |
| | 417,099 | | | Fortune Brands Home & Security, Inc. | | | 19,111,476 | |
| | 275,545 | | | HD Supply Holdings, Inc.* | | | 9,693,673 | |
| | 1,458,400 | | | Lithium Technology Corp.*(1)(2) | | | 8,035,784 | |
| | 318,195 | | | Textron, Inc. | | | 14,201,043 | |
| | | | | | | | |
| | | | 131,589,033 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 2.8% | |
| | 131,843 | | | Harman International Industries, Inc. | | | 15,681,407 | |
| | 3,812,030 | | | Samsonite International S.A. | | | 13,161,316 | |
| | 66,559 | | | Whirlpool Corp. | | | 11,518,035 | |
| | | | | | | | |
| | | | 40,360,758 | |
| | | | | | | | |
| | | | Consumer Services - 6.0% | |
| | 39,765 | | | Chipotle Mexican Grill, Inc.* | | | 24,057,427 | |
| | 551,762 | | | Diamond Resorts International, Inc.* | | | 17,408,091 | |
| | 576,317 | | | Hilton Worldwide Holdings, Inc.* | | | 15,877,533 | |
| | 185,262 | | | Starbucks Corp. | | | 9,932,822 | |
| | 219,938 | | | Wyndham Worldwide Corp. | | | 18,015,122 | |
| | | | | | | | |
| | | | 85,290,995 | |
| | | | | | | | |
| | | | Diversified Financials - 3.6% | |
| | 43,074 | | | BlackRock, Inc. | | | 14,902,743 | |
| | 247,766 | | | Northern Trust Corp. | | | 18,944,188 | |
| | 656,028 | | | Platform Specialty Products Corp.* | | | 16,781,196 | |
| | | | | | | | |
| | | | 50,628,127 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 3.4% | |
| | 140,682 | | | Monster Beverage Corp.* | | | 18,854,201 | |
| | 1,368,497 | | | Nomad Holdings Ltd.* | | | 29,764,810 | |
| | | | | | | | |
| | | | 48,619,011 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 8.9% | |
| | 88,986 | | | athenahealth, Inc.* | | | 10,196,016 | |
| | 120,763 | | | Becton Dickinson and Co. | | | 17,106,079 | |
| | 1,012,750 | | | Boston Scientific Corp.* | | | 17,925,675 | |
| | 269,599 | | | Cerner Corp.* | | | 18,618,507 | |
| | 88,319 | | | DexCom, Inc.* | | | 7,063,754 | |
| | 294,653 | | | Envision Healthcare Holdings, Inc.* | | | 11,632,900 | |
| | 411,715 | | | Hologic, Inc.* | | | 15,669,873 | |
| | 59,288 | | | Intuitive Surgical, Inc.* | | | 28,725,036 | |
| | 9,800 | | | Teladoc, Inc.* | | | 186,200 | |
| | | | | | | | |
| | | | 127,124,040 | |
| | | | | | | | |
| | | | Household & Personal Products - 1.3% | |
| | 205,534 | | | Estee Lauder Cos., Inc. Class A | | | 17,811,576 | |
| | | | | | | | |
| | | | Insurance - 1.2% | |
| | 284,554 | | | American International Group, Inc. | | | 17,591,128 | |
| | | | | | | | |
| | | | Media - 1.1% | |
| | 475,874 | | | Twenty-First Century Fox, Inc. Class A | | | 15,487,319 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 14.1% | |
| | 88,185 | | | Allergan plc* | | | 26,760,620 | |
| | 38,388 | | | Alnylam Pharmaceuticals, Inc.* | | | 4,601,570 | |
| | 37,099 | | | Biogen, Inc.* | | | 14,985,770 | |
| | 768,614 | | | Bristol-Myers Squibb Co. | | | 51,143,576 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 92.7% - (continued) | | | |
| | | | Pharmaceuticals, Biotechnology &
Life Sciences - 14.1% - (continued) | |
| | 86,970 | | | Celgene Corp.* | | $ | 10,065,473 | |
| | 154,300 | | | Eisai Co., Ltd. | | | 10,344,982 | |
| | 52,768 | | | Illumina, Inc.* | | | 11,522,420 | |
| | 43,894 | | | Incyte Corp.* | | | 4,574,194 | |
| | 246,167 | | | Merck & Co., Inc. | | | 14,014,287 | |
| | 331,774 | | | Mylan N.V.* | | | 22,514,184 | |
| | 149,330 | | | Novartis AG | | | 14,688,166 | |
| | 31,802 | | | Regeneron Pharmaceuticals, Inc.* | | | 16,223,154 | |
| | | | | | | | |
| | | | 201,438,396 | |
| | | | | | | | |
| | | | Real Estate - 2.9% | |
| | 274,922 | | | American Tower Corp. REIT | | | 25,647,473 | |
| | 390,112 | | | CBRE Group, Inc. Class A* | | | 14,434,144 | |
| | 29,318 | | | WeWork Companies, Inc. Class A(1)(2) | | | 867,831 | |
| | | | | | | | |
| | | | 40,949,448 | |
| | | | | | | | |
| | | | Retailing - 6.9% | |
| | 126,617 | | | Advance Auto Parts, Inc. | | | 20,168,822 | |
| | 106,178 | | | Amazon.com, Inc.* | | | 46,090,808 | |
| | 41,578 | | | JAND Inc. Class A(1)(2) | | | 429,782 | |
| | 161,269 | | | Lowe’s Cos., Inc. | | | 10,800,185 | |
| | 32,528 | | | Netflix, Inc.* | | | 21,368,944 | |
| | | | | | | | |
| | | | 98,858,541 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 1.0% | |
| | 151,564 | | | NXP Semiconductors N.V.* | | | 14,883,585 | |
| | | | | | | | |
| | | | Software & Services - 18.2% | |
| | 187,134 | | | Akamai Technologies, Inc.* | | | 13,065,696 | |
| | 192,028 | | | Alibaba Group Holding Ltd. ADR* | | | 15,798,143 | |
| | 44,200 | | | Apigee Corp.* | | | 438,906 | |
| | 90,034 | | | Baidu, Inc. ADR* | | | 17,923,969 | |
| | 254,280 | | | Cognizant Technology Solutions Corp. Class A* | | | 15,533,965 | |
| | 103,673 | | | CoStar Group, Inc.* | | | 20,865,228 | |
| | 572,587 | | | Facebook, Inc. Class A* | | | 49,107,924 | |
| | 56,678 | | | Google, Inc. Class A* | | | 30,608,387 | |
| | 28,244 | | | Google, Inc. Class C* | | | 14,701,284 | |
| | 297,784 | | | Mobileye N.V.* | | | 15,833,175 | |
| | 65,284 | | | New Relic, Inc. PIPE* | | | 2,297,344 | |
| | 179,260 | | | ServiceNow, Inc.* | | | 13,320,811 | |
| | 510,800 | | | Tencent Holdings Ltd. | | | 10,214,220 | |
| | 286,522 | | | Workday, Inc. Class A* | | | 21,887,416 | |
| | 213,481 | | | Zillow Group, Inc. Class A* | | | 18,517,342 | |
| | | | | | | | |
| | | | 260,113,810 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 9.9% | |
| | 763,985 | | | Apple, Inc. | | | 95,822,819 | |
| | 213,966 | | | Arista Networks, Inc.* | | | 17,489,581 | |
| | 436,942 | | | CDW Corp. of Delaware | | | 14,978,372 | |
| | 207,555 | | | TE Connectivity Ltd. | | | 13,345,786 | |
| | | | | | | | |
| | | | 141,636,558 | |
| | | | | | | | |
| | | | Transportation - 1.3% | |
| | 183,880 | | | United Parcel Service, Inc. Class B | | | 17,819,811 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $1,150,984,590) | | $ | 1,322,569,459 | |
| | | | | | | | |
|
| PREFERRED STOCKS - 6.8% | |
| | | | Consumer Services - 0.1% | |
| | 874,073 | | | Draftkings, Inc.(1)(2) | | $ | 1,417,007 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Growth Opportunities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| PREFERRED STOCKS - 6.8% - (continued) | |
| | | | Health Care Equipment & Services - 0.2% | |
| | 313,640 | | | ConforMIS, Inc.(1)(2) | | $ | 2,117,070 | |
| | | | | | | | |
| | | | Real Estate - 0.7% | |
| | 879,569 | | | Redfin Corp. Series G(1)(2) | | | 2,610,499 | |
| | 145,709 | | | WeWork Companies, Inc. Class D-1(1)(2) | | | 4,313,074 | |
| | 114,486 | | | WeWork Companies, Inc. Class D-2(1)(2) | | | 3,388,854 | |
| | | | | | | | |
| | | | 10,312,427 | |
| | | | | | | | |
| | | | Retailing - 1.1% | |
| | 160,575 | | | Forward Ventures, Inc.(1)(2) | | | 6,418,022 | |
| | 43,732 | | | Honest Co.(1)(2) | | | 1,896,657 | |
| | 92,843 | | | JAND Inc. Series D(1)(2) | | | 959,697 | |
| | 94,537 | | | Tory Burch LLC*(1)(2) | | | 6,053,670 | |
| | | | | | | | |
| | | | 15,328,046 | |
| | | | | | | | |
| | | | Software & Services - 4.2% | |
| | 186,006 | | | Apigee Corp. PIPE(1)(2) | | | 1,731,087 | |
| | 535,139 | | | Birst, Inc. Series F(1)(2) | | | 2,813,119 | |
| | 1,871,878 | | | Essence Group Holdings Corporation(1)(2) | | | 3,425,537 | |
| | 287,204 | | | Lookout, Inc. Series F(1)(2) | | | 3,047,234 | |
| | 366,944 | | | MarkLogic Corp. Series F(1)(2) | | | 3,835,585 | |
| | 227,914 | | | Nutanix, Inc.(1)(2) | | | 4,282,504 | |
| | 97,758 | | | Pinterest, Inc. Series G(1)(2) | | | 3,158,162 | |
| | 759,876 | | | Uber Technologies, Inc.(1)(2) | | | 27,108,348 | |
| | 210,735 | | | Veracode, Inc.(1)(2) | | | 6,461,135 | |
| | 1,160,072 | | | Zuora, Inc. Series F(1)(2) | | | 3,966,715 | |
| | | | | | | | |
| | | | 59,829,426 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 0.3% | |
| | 268,363 | | | Pure Storage, Inc.*(1)(2) | | | 4,664,149 | |
| | | | | | | | |
| | | | Telecommunication Services - 0.2% | |
| | 7,944 | | | DocuSign, Inc. Series B(1)(2) | | | 136,508 | |
| | 2,379 | | | DocuSign, Inc. Series B-1(1)(2) | | | 40,880 | |
| | 5,708 | | | DocuSign, Inc. Series D(1)(2) | | | 98,085 | |
| | 147,634 | | | DocuSign, Inc. Series E(1)(2) | | | 2,536,912 | |
| | 25,098 | | | DocuSign, Inc. Series F(1)(2) | | | 431,279 | |
| | | | | | | | |
| | | | 3,243,664 | |
| | | | | | | | |
| | |
| | | | Total Preferred Stocks
(cost $77,069,669) | | $ | 96,911,789 | |
| | | | | | | | |
|
| CONVERTIBLE PREFERRED STOCKS - 0.3% | |
| | | | Retailing - 0.3% | |
| | 102,040 | | | Honest Co. Series C(1)(2) | | $ | 4,425,475 | |
| | | | | | | | |
| | |
| | | | Total Convertible Preferred Stocks
(cost $2,760,927) | | $ | 4,425,475 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $1,230,815,186) | | $ | 1,423,906,723 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SHORT-TERM INVESTMENTS - 1.3% | |
| | | | Other Investment Pools & Funds - 1.3% | |
| | 19,340,491 | | | Federated Prime Obligations Fund | | $ | 19,340,491 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $19,340,491) | | $ | 19,340,491 | |
| | | | | | | | |
| | | | | | | | |
| | | |
| | Total Investments
(cost $1,250,155,677)^ | | 101.1% | | $ | 1,443,247,214 | |
| | Other Assets and Liabilities | | (1.1)% | | | (16,065,893 | ) |
| | | | | | | | |
| | Total Net Assets | | 100.0% | | $ | 1,427,181,321 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Growth Opportunities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $1,254,962,954 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 215,382,853 | |
Unrealized Depreciation | | | (27,098,593 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 188,284,260 | |
| | | | |
| (1) | The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
| 04/2014 | | | 186,006 | | | Apigee Corp. PIPE Preferred | | $ | 3,968,865 | |
| 03/2015 | | | 535,139 | | | Birst, Inc. Series F Preferred | | | 3,125,693 | |
| 08/2014 | | | 313,640 | | | ConforMIS, Inc. Preferred | | | 2,509,120 | |
| 02/2014 | | | 7,944 | | | DocuSign, Inc. Series B Preferred | | | 104,324 | |
| 02/2014 | | | 2,379 | | | DocuSign, Inc. Series B-1 Preferred | | | 31,242 | |
| 02/2014 | | | 5,708 | | | DocuSign, Inc. Series D Preferred | | | 74,960 | |
| 02/2014 | | | 147,634 | | | DocuSign, Inc. Series E Preferred | | | 1,938,789 | |
| 04/2015 | | | 25,098 | | | DocuSign, Inc. Series F Preferred | | | 479,198 | |
| 12/2014 | | | 874,073 | | | Draftkings, Inc. Preferred | | | 1,574,452 | |
| 05/2014 | | | 1,871,878 | | | Essence Group Holdings Corporation Preferred | | | 2,960,001 | |
| 11/2014 | | | 160,575 | | | Forward Ventures, Inc. Preferred | | | 4,998,894 | |
| 08/2014 | | | 43,732 | | | Honest Co. Preferred | | | 1,183,270 | |
| 08/2014 | | | 102,040 | | | Honest Co. Series C Convertible Preferred | | | 2,760,927 | |
| 04/2015 | | | 41,578 | | | JAND Inc. | | | 477,536 | |
| 04/2015 | | | 92,843 | | | JAND Inc. Series D Preferred | | | 1,066,330 | |
| 08/2014 | | | 1,458,400 | | | Lithium Technology Corp. | | | 7,108,242 | |
| 07/2014 | | | 287,204 | | | Lookout, Inc. Series F Preferred | | | 3,280,760 | |
| 04/2015 | | | 366,944 | | | MarkLogic Corp. Series F Preferred | | | 4,261,761 | |
| 08/2014 | | | 227,914 | | | Nutanix, Inc. Preferred | | | 3,053,250 | |
| 03/2015 | | | 97,758 | | | Pinterest, Inc. Series G Preferred | | | 3,509,068 | |
| 04/2014 | | | 268,363 | | | Pure Storage, Inc. Preferred | | | 4,220,250 | |
| 12/2014 | | | 879,569 | | | Redfin Corp. Series G Preferred | | | 2,900,554 | |
| 11/2013 | | | 94,537 | | | Tory Burch LLC Preferred | | | 7,409,472 | |
| 06/2014 | | | 759,876 | | | Uber Technologies, Inc. Preferred | | | 11,787,994 | |
| 08/2014 | | | 210,735 | | | Veracode, Inc. Preferred | | | 3,891,411 | |
| 12/2014 | | | 29,318 | | | WeWork Companies, Inc. | | | 488,179 | |
| 12/2014 | | | 145,709 | | | WeWork Companies, Inc. Class D-1 Preferred | | | 2,426,224 | |
| 12/2014 | | | 114,486 | | | WeWork Companies, Inc. Class D-2 Preferred | | | 1,906,325 | |
| 01/2015 | | | 1,160,072 | | | Zuora, Inc. Series F Preferred | | | 4,407,462 | |
| | | | | | | | | | |
| | | | | | | | $ | 87,904,553 | |
| | | | | | | | | | |
| | At June 30, 2015, the aggregate value of these securities were $110,670,661, which represents 7.8% of total net assets. |
| (2) | These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of these securities were $110,670,661, which represents 7.8% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Growth Opportunities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
PIPE | | Private Investment in Public Equity |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Growth Opportunities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 12,367,323 | | | $ | 12,367,323 | | | $ | — | | | $ | — | |
Capital Goods | | | 131,589,033 | | | | 123,553,249 | | | | — | | | | 8,035,784 | |
Consumer Durables & Apparel | | | 40,360,758 | | | | 27,199,442 | | | | 13,161,316 | | | | — | |
Consumer Services | | | 85,290,995 | | | | 85,290,995 | | | | — | | | | — | |
Diversified Financials | | | 50,628,127 | | | | 50,190,709 | | | | 437,418 | | | | — | |
Food, Beverage & Tobacco | | | 48,619,011 | | | | 48,619,011 | | | | — | | | | — | |
Health Care Equipment & Services | | | 127,124,040 | | | | 127,124,040 | | | | — | | | | — | |
Household & Personal Products | | | 17,811,576 | | | | 17,811,576 | | | | — | | | | — | |
Insurance | | | 17,591,128 | | | | 17,591,128 | | | | — | | | | — | |
Media | | | 15,487,319 | | | | 15,487,319 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 201,438,396 | | | | 176,405,248 | | | | 25,033,148 | | | | — | |
Real Estate | | | 40,949,448 | | | | 40,081,617 | | | | — | | | | 867,831 | |
Retailing | | | 98,858,541 | | | | 98,428,759 | | | | — | | | | 429,782 | |
Semiconductors & Semiconductor Equipment | | | 14,883,585 | | | | 14,883,585 | | | | — | | | | — | |
Software & Services | | | 260,113,810 | | | | 249,899,590 | | | | 10,214,220 | | | | — | |
Technology Hardware & Equipment | | | 141,636,558 | | | | 141,636,558 | | | | — | | | | — | |
Transportation | | | 17,819,811 | | | | 17,819,811 | | | | — | | | | — | |
Preferred Stocks | | | 96,911,789 | | | | — | | | | — | | | | 96,911,789 | |
Convertible Preferred Stocks | | | 4,425,475 | | | | — | | | | — | | | | 4,425,475 | |
Short-Term Investments | | | 19,340,491 | | | | 19,340,491 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 1,443,247,214 | | | $ | 1,283,730,451 | | | $ | 48,846,102 | | | $ | 110,670,661 | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, investments valued at $10,640,704 were transferred from Level 1 to Level 2, and investments valued at $5,358,579 were transferred from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to: |
| | a) | Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1). |
| | b) | U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2). |
| | c) | Equity investments with no observable trading but a bid or mean price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1). |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | | | | | | | | | |
| | | Common
Stocks | | | Preferred
Stocks | | | Convertible
Preferred Stocks | | | Total | |
Beginning balance | | $ | 8,387,640 | | | $ | 77,828,628 | | | $ | 2,785,692 | | | $ | 89,001,960 | |
Purchases | | | 477,536 | | | | 16,849,513 | | | | — | | | | 17,327,049 | |
Sales | | | — | | | | (9,896,156 | ) | | | — | | | | (9,896,156 | ) |
Accrued discounts/(premiums) | | | — | | | | — | | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | 3,267,872 | | | | | | | | 3,267,872 | |
Net change in unrealized appreciation/depreciation | | | 468,221 | | | | 8,861,932 | | | | 1,639,783 | | | | 10,969,936 | |
Transfers into Level 3(1) | | | — | | | | — | | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Ending balance | | $ | 9,333,397 | | | $ | 96,911,789 | | | $ | 4,425,475 | | | $ | 110,670,661 | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $13,428,103.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Healthcare HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.9% | |
| | | | Biotechnology - 26.9% | |
| | 188,020 | | | Achillion Pharmaceuticals, Inc.* | | $ | 1,665,857 | |
| | 34,690 | | | Acorda Therapeutics, Inc.* | | | 1,156,218 | |
| | 155,732 | | | Alkermes plc* | | | 10,019,797 | |
| | 48,030 | | | Alnylam Pharmaceuticals, Inc.* | | | 5,757,356 | |
| | 74,907 | | | Anacor Pharmaceuticals, Inc.* | | | 5,800,049 | |
| | 652,570 | | | Arena Pharmaceuticals, Inc.* | | | 3,027,925 | |
| | 207,470 | | | BioCryst Pharmaceuticals, Inc.* | | | 3,097,527 | |
| | 7,832 | | | Biogen, Inc.* | | | 3,163,658 | |
| | 3,600 | | | Blueprint Medicines Corp.* | | | 95,364 | |
| | 69,170 | | | Cepheid* | | | 4,229,745 | |
| | 148,207 | | | Dicerna Pharmaceuticals, Inc.* | | | 2,067,488 | |
| | 75,290 | | | Five Prime Therapeutics, Inc.* | | | 1,870,204 | |
| | 111,681 | | | Galapagos N.V.* | | | 5,701,822 | |
| | 190,200 | | | Gilead Sciences, Inc. | | | 22,268,616 | |
| | 138,860 | | | GlycoMimetics, Inc.* | | | 1,103,937 | |
| | 67,613 | | | Incyte Corp.* | | | 7,045,951 | |
| | 44,381 | | | Innate Pharma S.A.* | | | 649,245 | |
| | 134,483 | | | Ironwood Pharmaceuticals, Inc.* | | | 1,621,865 | |
| | 30,556 | | | Nivalis Therapeutics, Inc.* | | | 462,923 | |
| | 136,770 | | | Otonomy, Inc.* | | | 3,144,342 | |
| | 57,265 | | | Portola Pharmaceuticals, Inc.* | | | 2,608,421 | |
| | 25,680 | | | PTC Therapeutics, Inc.* | | | 1,235,978 | |
| | 26,616 | | | Regeneron Pharmaceuticals, Inc.* | | | 13,577,620 | |
| | 126,720 | | | Regulus Therapeutics, Inc.* | | | 1,388,851 | |
| | 249,500 | | | Rigel Pharmaceuticals, Inc.* | | | 800,895 | |
| | 21,402 | | | Seattle Genetics, Inc.* | | | 1,035,857 | |
| | 53,640 | | | T2 Biosystems, Inc.* | | | 870,577 | |
| | 94,345 | | | TESARO, Inc.* | | | 5,546,543 | |
| | 118,720 | | | Trevana, Inc.* | | | 743,187 | |
| | 42,691 | | | Vertex Pharmaceuticals, Inc.* | | | 5,271,485 | |
| | | | | | | | |
| | | | 117,029,303 | |
| | | | | | | | |
| | | | Drug Retail - 2.9% | |
| | 75,070 | | | CVS Health Corp. | | | 7,873,342 | |
| | 57,250 | | | Walgreens Boots Alliance, Inc. | | | 4,834,190 | |
| | | | | | | | |
| | | | 12,707,532 | |
| | | | | | | | |
| | | | Health Care Services - 1.1% | |
| | 122,740 | | | Envision Healthcare Holdings, Inc.* | | | 4,845,775 | |
| | 3,000 | | | Teladoc, Inc.* | | | 57,000 | |
| | | | | | | | |
| | | | 4,902,775 | |
| | | | | | | | |
| | | | Health Care Distributors - 4.6% | |
| | 81,790 | | | Cardinal Health, Inc. | | | 6,841,734 | |
| | 59,220 | | | McKesson Corp. | | | 13,313,248 | |
| | | | | | | | |
| | | | 20,154,982 | |
| | | | | | | | |
| | | | Health Care Equipment - 20.0% | |
| | 204,610 | | | Abbott Laboratories | | | 10,042,259 | |
| | 88,680 | | | AtriCure, Inc.* | | | 2,185,075 | |
| | 36,300 | | | Baxter International, Inc.* | | | 1,379,400 | |
| | 99,731 | | | Baxter International, Inc. | | | 6,974,189 | |
| | 38,418 | | | Becton Dickinson and Co. | | | 5,441,910 | |
| | 392,980 | | | Boston Scientific Corp.* | | | 6,955,746 | |
| | 25,500 | | | EndoChoice Holdings, Inc.* | | | 416,925 | |
| | 800 | | | Glaukos Corp.* | | | 23,184 | |
| | 87,602 | | | Globus Medical, Inc. Class A* | | | 2,248,743 | |
| | 26,630 | | | HeartWare International, Inc.* | | | 1,935,735 | |
| | 38,175 | | | Invuity, Inc.* | | | 536,741 | |
| | 177,670 | | | K2M Group Holdings, Inc.* | | | 4,267,633 | |
| | 269,232 | | | Medtronic plc | | | 19,950,091 | |
| | 116,568 | | | St. Jude Medical, Inc. | | | 8,517,624 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.9% - (continued) | |
| | | | Health Care Equipment - 20.0% - (continued) | |
| | 68,230 | | | Stryker Corp. | | $ | 6,520,741 | |
| | 24,655 | | | Teleflex, Inc. | | | 3,339,520 | |
| | 189,107 | | | TriVascular Techonologies, Inc.* | | | 1,011,722 | |
| | 46,763 | | | Zimmer Holdings, Inc. | | | 5,107,922 | |
| | | | | | | | |
| | | | 86,855,160 | |
| | | | | | | | |
| | | | Health Care Facilities - 5.0% | |
| | 28,890 | | | Acadia Healthcare Co., Inc.* | | | 2,262,954 | |
| | 146,471 | | | Al Noor Hospitals Group plc | | | 2,174,847 | |
| | 126,780 | | | HCA Holdings, Inc.* | | | 11,501,482 | |
| | 91,726 | | | NMC Health plc | | | 1,145,789 | |
| | 32,340 | | | Universal Health Services, Inc. Class B | | | 4,595,514 | |
| | | | | | | | |
| | | | 21,680,586 | |
| | | | | | | | |
| | | | Health Care Supplies - 1.2% | |
| | 83,684 | | | Dentsply International, Inc. | | | 4,313,910 | |
| | 59,730 | | | Endologix, Inc.* | | | 916,258 | |
| | | | | | | | |
| | | | 5,230,168 | |
| | | | | | | | |
| | | | Health Care Technology - 1.9% | |
| | 90,240 | | | Allscripts Healthcare Solutions, Inc.* | | | 1,234,483 | |
| | 35,940 | | | athenahealth, Inc.* | | | 4,118,006 | |
| | 70,340 | | | IMS Health Holdings, Inc.* | | | 2,155,921 | |
| | 29,100 | | | Inovalon Holdings, Inc. Class A* | | | 811,890 | |
| | | | | | | | |
| | | | 8,320,300 | |
| | | | | | | | |
| | | | Internet Software & Services - 0.5% | |
| | 178,126 | | | Everyday Health, Inc.* | | | 2,276,450 | |
| | | | | | | | |
| | | | Life Sciences Tools & Services - 4.7% | |
| | 85,240 | | | Agilent Technologies, Inc. | | | 3,288,559 | |
| | 21,890 | | | Illumina, Inc.* | | | 4,779,901 | |
| | 11,871 | | | MorphoSys AG* | | | 852,029 | |
| | 60,290 | | | PRA Health Sciences, Inc.* | | | 2,190,336 | |
| | 28,120 | | | Quintiles Transnational Holdings, Inc.* | | | 2,041,793 | |
| | 37,930 | | | Thermo Fisher Scientific, Inc. | | | 4,921,797 | |
| | 56,290 | | | WuXi PharmaTech Cayman, Inc. ADR* | | | 2,378,815 | |
| | | | | | | | |
| | | | 20,453,230 | |
| | | | | | | | |
| | | | Managed Health Care - 6.8% | |
| | 115,240 | | | Aetna, Inc. | | | 14,688,490 | |
| | 54,510 | | | Cigna Corp. | | | 8,830,620 | |
| | 69,900 | | | Qualicorp S.A. | | | 443,128 | |
| | 46,370 | | | UnitedHealth Group, Inc. | | | 5,657,140 | |
| | | | | | | | |
| | | | 29,619,378 | |
| | | | | | | | |
| | | | Pharmaceuticals - 22.3% | |
| | 139,760 | | | Aerie Pharmaceuticals, Inc.* | | | 2,466,764 | |
| | 36,350 | | | Allergan plc* | | | 11,030,771 | |
| | 38,629 | | | Almirall S.A. | | | 765,665 | |
| | 87,450 | | | AstraZeneca plc ADR | | | 5,571,440 | |
| | 381,240 | | | Bristol-Myers Squibb Co. | | | 25,367,710 | |
| | 101,600 | | | Daiichi Sankyo Co., Ltd. | | | 1,877,624 | |
| | 49,870 | | | Eisai Co., Ltd. | | | 3,343,514 | |
| | 91,660 | | | Eli Lilly & Co. | | | 7,652,693 | |
| | 21,520 | | | Johnson & Johnson | | | 2,097,339 | |
| | 107,500 | | | Medicines Co.* | | | 3,075,575 | |
| | 85,240 | | | MediWound Ltd.* | | | 602,647 | |
| | 101,200 | | | Merck & Co., Inc. | | | 5,761,316 | |
| | 80,400 | | | Mylan N.V.* | | | 5,455,944 | |
| | 46,420 | | | Ocular Therapeutix, Inc.* | | | 976,213 | |
| | 16,400 | | | Ono Pharmaceutical Co., Ltd. | | | 1,789,977 | |
| | 190,170 | | | Shionogi & Co., Ltd. | | | 7,369,699 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Healthcare HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.9% - (continued) | |
| | | | Pharmaceuticals - 22.3% - (continued) | |
| | 89,850 | | | Tetraphase Pharmaceuticals, Inc.* | | $ | 4,262,484 | |
| | 60,583 | | | Teva Pharmaceutical Industries Ltd. ADR | | | 3,580,455 | |
| | 41,956 | | | UCB S.A. | | | 3,016,854 | |
| | 155,838 | | | XenoPort, Inc.* | | | 955,287 | |
| | | | | | | | |
| | | | 97,019,971 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $275,678,077) | | $ | 426,249,835 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $275,678,077) | | $ | 426,249,835 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 2.4% | |
| | | | Other Investment Pools & Funds - 2.4% | |
| | 10,668,010 | | | Fidelity Money Market Class 1 | | $ | 10,668,010 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $10,668,010) | | $ | 10,668,010 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $286,346,087)^ | | | 100.3 | % | | $ | 436,917,845 | |
| | Other Assets and Liabilities | | | (0.3 | )% | | | (1,379,853 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 435,537,992 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Healthcare HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $287,465,030 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 156,796,258 | |
Unrealized Depreciation | | | (7,343,443 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 149,452,815 | |
| | | | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Healthcare HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | |
Common Stocks | | | | | | | | | | | | | | | | |
Biotechnology | | $ | 117,029,303 | | | $ | 116,380,058 | | | $ | 649,245 | | | $ | — | |
Drug Retail | | | 12,707,532 | | | | 12,707,532 | | | | — | | | | — | |
Health Care Services | | | 4,902,775 | | | | 4,902,775 | | | | — | | | | — | |
Health Care Distributors | | | 20,154,982 | | | | 20,154,982 | | | | — | | | | — | |
Health Care Equipment | | | 86,855,160 | | | | 86,855,160 | | | | — | | | | — | |
Health Care Facilities | | | 21,680,586 | | | | 21,680,586 | | | | — | | | | — | |
Health Care Supplies | | | 5,230,168 | | | | 5,230,168 | | | | — | | | | — | |
Health Care Technology | | | 8,320,300 | | | | 8,320,300 | | | | — | | | | — | |
Internet Software & Services | | | 2,276,450 | | | | 2,276,450 | | | | — | | | | — | |
Life Sciences Tools & Services | | | 20,453,230 | | | | 20,453,230 | | | | — | | | | — | |
Managed Health Care | | | 29,619,378 | | | | 29,619,378 | | | | — | | | | — | |
Pharmaceuticals | | | 97,019,971 | | | | 78,856,638 | | | | 18,163,333 | | | | — | |
Short-Term Investments | | | 10,668,010 | | | | 10,668,010 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 436,917,845 | | | $ | 418,105,267 | | | $ | 18,812,578 | | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, investments valued at $2,418,875 were transferred from Level 2 to Level 1, and there were no transfers from Level 1 to Level 2. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to: |
| | a) | Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1). |
| | b) | U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2). |
| | c) | Equity investments with no observable trading but a bid or mean price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford High Yield HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 0.0% | |
| | | | | | | Asset-Backed - Finance & Insurance - 0.0% | |
| | $ | | | | 2,490,000 | | | Soundview NIM Trust
8.25%, 12/25/2036(1)(2)(3) | | $ | — | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Asset & Commercial Mortgage Backed Securities
(cost $2,478,958) | | $ | — | |
| | | | | | | | | | | | |
| CORPORATE BONDS - 92.7% | |
| | | | | | | | Advertising - 0.2% | | | | |
| | $ | | | | 1,630,000 | | | Getty Images, Inc.
7.00%, 10/15/2020(1) | | $ | 741,650 | |
| | | | | | | | | | | | |
| | | | | | | Auto Manufacturers - 1.8% | | | |
| | | | | 3,085,000 | | | FCA US LLC / CG Co-Issuer, Inc.
8.25%, 06/15/2021 | | | 3,362,650 | |
| | | | | | | | General Motors Co. | |
| | | | | 2,510,000 | | | 4.88%, 10/02/2023 | | | 2,646,225 | |
| | | | | 915,000 | | | 6.25%, 10/02/2043 | | | 1,020,733 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 7,029,608 | |
| | | | | | | | | | | | |
| | | | | | | Auto Parts & Equipment - 0.4% | |
| | | | | | | | ZF North America Capital, Inc. | |
| | | | | 515,000 | | | 4.50%, 04/29/2022(1) | | | 504,468 | |
| | | | | 1,220,000 | | | 4.75%, 04/29/2025(1) | | | 1,181,119 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,685,587 | |
| | | | | | | | | | | | |
| | | | | | | Chemicals - 1.6% | |
| | | | | | | | Ineos Group Holdings plc | |
| | | | | 4,160,000 | | | 5.88%, 02/15/2019(1) | | | 4,180,800 | |
| | | | | 2,040,000 | | | 6.13%, 08/15/2018(1) | | | 2,083,350 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,264,150 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Banks - 5.1% | |
| | EUR | | | | 3,600,000 | | | Banco Bilbao Vizcaya Argentaria S.A.
7.00%, 02/19/2019(4)(5)(6) | | | 4,018,475 | |
| | $ | | | | 3,640,000 | | | Barclays Bank plc
8.25%, 12/15/2018(4)(6) | | | 3,843,694 | |
| | | | | 2,261,000 | | | CIT Group, Inc.
5.25%, 03/15/2018 | | | 2,337,309 | |
| | | | | 1,015,000 | | | Credit Agricole S.A.
7.88%, 01/23/2024(1)(4)(6) | | | 1,043,438 | |
| | | | | 1,400,000 | | | Credit Suisse Group AG
7.50%, 12/11/2023(1)(4)(6) | | | 1,457,680 | |
| | | | | | | | ING Groep N.V. | | | | |
| | | | | 720,000 | | | 6.00%, 04/16/2020(4)(6) | | | 710,550 | |
| | | | | 570,000 | | | 6.50%, 04/16/2025(4)(6) | | | 549,694 | |
| | | | | | | | Royal Bank of Scotland Group plc | | | | |
| | | | | 2,520,000 | | | 6.99%, 10/05/2017(1)(4)(6) | | | 2,961,000 | |
| | | | | 1,000,000 | | | 7.64%, 09/30/2017(4)(6) | | | 1,068,500 | |
| | | | | | | | Societe Generale S.A. | | | | |
| | | | | 1,805,000 | | | 7.88%, 12/18/2023(1)(4)(6) | | | 1,814,025 | |
| | | | | 640,000 | | | 8.25%, 11/29/2018(4)(5)(6) | | | 671,072 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 20,475,437 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Services - 1.1% | |
| | | | | 2,385,000 | | | Quad/Graphics, Inc.
7.00%, 05/01/2022 | | | 2,319,412 | |
| | | | | 2,091,000 | | | Servicemaster Co.
7.00%, 08/15/2020 | | | 2,208,619 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,528,031 | |
| | | | | | | | | | | | |
| | | | | | | Construction Materials - 4.1% | |
| | | | | 1,005,000 | | | Associated Materials LLC
9.13%, 11/01/2017 | | | 834,150 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 92.7% - (continued) | |
| | | | | | | Construction Materials - 4.1% - (continued) | |
| | $ | | | | 3,945,000 | | | Building Materials Corp. of America
5.38%, 11/15/2024(1) | | $ | 3,873,398 | |
| | | | | 2,580,000 | | | Cemex Finance LLC
6.00%, 04/01/2024(1) | | | 2,553,426 | |
| | | | | | | | Cemex S.A.B. de C.V. | |
| | | | | 1,800,000 | | | 5.70%, 01/11/2025(1) | | | 1,716,660 | |
| | | | | 760,000 | | | 6.13%, 05/05/2025(1) | | | 749,892 | |
| | | | | 320,000 | | | Masco Corp.
7.13%, 03/15/2020 | | | 371,200 | |
| | | | | 2,060,000 | | | Nortek, Inc.
8.50%, 04/15/2021 | | | 2,199,050 | |
| | | | | 4,000,000 | | | Ply Gem Industries, Inc.
6.50%, 02/01/2022 | | | 3,950,000 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 16,247,776 | |
| | | | | | | | | | | | |
| | | | | | | Diversified Financial Services - 3.0% | | | |
| | | | | | | | International Lease Finance Corp. | | | | |
| | | | | 6,766,000 | | | 5.88%, 04/01/2019 | | | 7,213,909 | |
| | | | | 665,000 | | | 5.88%, 08/15/2022 | | | 718,200 | |
| | | | | 970,000 | | | 6.25%, 05/15/2019 | | | 1,048,812 | |
| | | | | 3,115,000 | | | Nationstar Mortgage LLC/Nationstar Capital Corp.
6.50%, 07/01/2021 | | | 2,900,844 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 11,881,765 | |
| | | | | | | | | | | | |
| | | | | | | Electric - 2.7% | | | |
| | | | | 2,655,000 | | | DPL, Inc.
7.25%, 10/15/2021 | | | 2,801,025 | |
| | | | | | | | Dynegy, Inc. | | | | |
| | | | | 2,055,000 | | | 5.88%, 06/01/2023 | | | 2,008,763 | |
| | | | | 1,070,000 | | | 7.38%, 11/01/2022(1) | | | 1,120,825 | |
| | | | | 460,000 | | | 7.63%, 11/01/2024(1) | | | 486,450 | |
| | | | | | | | GenOn Americas Generation LLC | | | | |
| | | | | 1,825,000 | | | 8.50%, 10/01/2021 | | | 1,733,750 | |
| | | | | 1,670,000 | | | 9.13%, 05/01/2031 | | | 1,553,100 | |
| | | | | 1,640,000 | | | Texas Competitive Electric Holdings Co. LLC
11.50%, 10/01/2020 (1)(7) | | | 1,000,400 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,704,313 | |
| | | | | | | | | | | | |
| | | | | | | Engineering & Construction - 1.1% | | | |
| | | | | | | | Abengoa Finance | | | | |
| | EUR | | | | 855,000 | | | 6.00%, 03/31/2021(1) | | | 881,726 | |
| | | | | 665,000 | | | 6.00%, 03/31/2021(5) | | | 685,786 | |
| | $ | | | | 560,000 | | | 7.75%, 02/01/2020(1) | | | 554,400 | |
| | | | | 2,310,000 | | | Abengoa Greenfield S.A.
6.50%, 10/01/2019(1) | | | 2,148,300 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,270,212 | |
| | | | | | | | | | | | |
| | | | | | | Entertainment - 0.3% | | | |
| | | | | 1,350,000 | | | Carmike Cinemas, Inc.
6.00%, 06/15/2023(1) | | | 1,363,500 | |
| | | | | | | | | | | | |
| | | | | | | Food - 0.2% | | | |
| | | | | 719,000 | | | Albertson’s Holdings LLC
7.75%, 10/15/2022(1) | | | 763,938 | |
| | | | | | | | | | | | |
| | | | | | | Food Service - 0.6% | | | |
| | | | | 2,245,000 | | | Aramark Services, Inc.
5.75%, 03/15/2020 | | | 2,343,780 | |
| | | | | | | | | | | | |
| | | | | | | Forest Products & Paper - 0.8% | |
| | | | | 3,380,000 | | | Tembec Industries, Inc.
9.00%, 12/15/2019(1) | | | 3,211,000 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford High Yield HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 92.7% - (continued) | |
| | | | | | | Healthcare-Products - 2.0% | |
| | | | | | | | Alere, Inc. | | | | |
| | $ | | | | 1,830,000 | | | 6.38%, 07/01/2023(1) | | $ | 1,862,025 | |
| | | | | 3,115,000 | | | 6.50%, 06/15/2020 | | | 3,208,450 | |
| | | | | 2,895,000 | | | Sterigenics-Nordion Holdings LLC
6.50%, 05/15/2023(1) | | | 2,938,425 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 8,008,900 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Services - 7.9% | |
| | | | | 2,575,000 | | | Amsurg Corp.
5.63%, 07/15/2022 | | | 2,597,531 | |
| | | | | | | | Community Health Systems, Inc. | | | | |
| | | | | 1,296,000 | | | 5.13%, 08/15/2018 | | | 1,328,400 | |
| | | | | 4,480,000 | | | 6.88%, 02/01/2022 | | | 4,726,400 | |
| | | | | 2,935,000 | | | 7.13%, 07/15/2020 | | | 3,109,632 | |
| | | | | 1,040,000 | | | Envision Healthcare Corp.
5.13%, 07/01/2022(1) | | | 1,047,800 | |
| | | | | 1,835,000 | | | HCA Holdings, Inc.
6.25%, 02/15/2021 | | | 1,977,213 | |
| | | | | | | | HCA, Inc. | | | | |
| | | | | 1,085,000 | | | 5.38%, 02/01/2025 | | | 1,102,686 | |
| | | | | 4,209,000 | | | 7.50%, 11/15/2095 | | | 4,166,910 | |
| | | | | 535,000 | | | inVentiv Health, Inc.
9.00%, 01/15/2018(1) | | | 557,738 | |
| | | | | 1,785,000 | | | MPH Acquisition Holdings LLC
6.63%, 04/01/2022(1) | | | 1,822,931 | |
| | | | | | | | Tenet Healthcare Corp. | | | | |
| | | | | 3,305,000 | | | 5.00%, 03/01/2019(1) | | | 3,305,000 | |
| | | | | 500,000 | | | 6.75%, 06/15/2023(1) | | | 510,000 | |
| | | | | 3,425,000 | | | 8.13%, 04/01/2022 | | | 3,745,237 | |
| | | | | 1,645,000 | | | Wellcare Health Plans, Inc.
5.75%, 11/15/2020 | | | 1,710,800 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 31,708,278 | |
| | | | | | | | | | | | |
| | | | | | | Holding Companies-Diversified - 0.3% | |
| | | | | 1,260,000 | | | Argos Merger Sub, Inc.
7.13%, 03/15/2023(1) | | | 1,319,850 | |
| | | | | | | | | | | | |
| | | | | | | Home Builders - 1.9% | |
| | | | | | | | KB Home | | | | |
| | | | | 2,206,000 | | | 7.50%, 09/15/2022 | | | 2,294,240 | |
| | | | | 2,930,000 | | | 8.00%, 03/15/2020 | | | 3,223,000 | |
| | | | | | | | Lennar Corp. | | | | |
| | | | | 1,015,000 | | | 4.75%, 12/15/2017 | | | 1,055,600 | |
| | | | | 1,155,000 | | | 4.75%, 11/15/2022 | | | 1,134,788 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 7,707,628 | |
| | | | | | | | | | | | |
| | | | | | | Household Products/Wares - 0.8% | |
| | | | | 3,530,000 | | | Sun Products Corp.
7.75%, 03/15/2021(1) | | | 3,185,825 | |
| | | | | | | | | | | | |
| | | | | | | Insurance - 0.3% | |
| | | | | | | | CNO Financial Group, Inc. | | | | |
| | | | | 340,000 | | | 4.50%, 05/30/2020 | | | 345,100 | |
| | | | | 835,000 | | | 5.25%, 05/30/2025 | | | 848,527 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,193,627 | |
| | | | | | | | | | | | |
| | | | | | | Internet - 0.9% | |
| | | | | | | | Zayo Group LLC / Zayo Capital, Inc. | | | | |
| | | | | 2,670,000 | | | 6.00%, 04/01/2023(1) | | | 2,637,159 | |
| | | | | 1,165,000 | | | 6.38%, 05/15/2025(1) | | | 1,130,050 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,767,209 | |
| | | | | | | | | | | | |
| | | | | | | Iron/Steel - 2.8% | |
| | | | | | | | AK Steel Corp. | | | | |
| | | | | 2,400,000 | | | 7.63%, 05/15/2020 | | | 1,998,000 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 92.7% - (continued) | |
| | | | | | | Iron/Steel - 2.8% - (continued) | |
| | $ | | | | 2,055,000 | | | 7.63%, 10/01/2021 | | $ | 1,674,825 | |
| | | | | 1,285,000 | | | 8.38%, 04/01/2022 | | | 1,053,700 | |
| | | | | | | | ArcelorMittal | | | | |
| | | | | 790,000 | | | 7.50%, 03/01/2041 | | | 774,200 | |
| | | | | 1,320,000 | | | 7.75%, 10/15/2039 | | | 1,313,400 | |
| | | | | 1,130,000 | | | Steel Dynamics, Inc.
5.50%, 10/01/2024 | | | 1,130,000 | |
| | | | | 3,026,000 | | | United States Steel Corp.
7.38%, 04/01/2020 | | | 3,162,170 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 11,106,295 | |
| | | | | | | | | | | | |
| | | | | | | IT Services - 1.0% | |
| | | | | | | | SunGard Data Systems, Inc. | | | | |
| | | | | 490,000 | | | 6.63%, 11/01/2019 | | | 505,925 | |
| | | | | 1,808,000 | | | 7.38%, 11/15/2018 | | | 1,872,184 | |
| | | | | 1,520,000 | | | 7.63%, 11/15/2020 | | | 1,588,400 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,966,509 | |
| | | | | | | | | | | | |
| | | | | | | Machinery-Diversified - 0.6% | |
| | | | | 2,386,000 | | | Case New Holland Industrial, Inc.
7.88%, 12/01/2017 | | | 2,612,670 | |
| | | | | | | | | | | | |
| | | | | | | Media - 8.3% | |
| | | | | | | | CCO Holdings LLC | | | | |
| | | | | 120,000 | | | 5.13%, 02/15/2023 | | | 117,000 | |
| | | | | 95,000 | | | 5.25%, 09/30/2022 | | | 93,575 | |
| | | | | 545,000 | | | 5.75%, 09/01/2023 | | | 546,022 | |
| | | | | 3,077,000 | | | 7.38%, 06/01/2020 | | | 3,250,081 | |
| | | | | | | | Cequel Communications Holdings I LLC | | | | |
| | | | | 745,000 | | | 5.13%, 12/15/2021(1) | | | 676,553 | |
| | | | | 3,560,000 | | | 5.13%, 12/15/2021(1) | | | 3,232,925 | |
| | | | | | | | DISH DBS Corp. | | | | |
| | | | | 2,170,000 | | | 5.00%, 03/15/2023 | | | 2,007,250 | |
| | | | | 2,150,000 | | | 5.88%, 07/15/2022 | | | 2,107,000 | |
| | | | | 945,000 | | | 6.75%, 06/01/2021 | | | 985,163 | |
| | | | | 2,866,000 | | | 7.88%, 09/01/2019 | | | 3,178,394 | |
| | | | | | | | Gannett Co., Inc. | | | | |
| | | | | 1,515,000 | | | 4.88%, 09/15/2021(1) | | | 1,503,637 | |
| | | | | 4,390,000 | | | 5.13%, 10/15/2019 | | | 4,521,700 | |
| | | | | 250,000 | | | 5.50%, 09/15/2024(1) | | | 247,500 | |
| | | | | 750,000 | | | 6.38%, 10/15/2023 | | | 780,938 | |
| | | | | 996,000 | | | Gray Television, Inc.
7.50%, 10/01/2020 | | | 1,055,760 | |
| | | | | 2,180,000 | | | NBCUniversal Enterprise, Inc.
5.25%, 03/29/2049(1)(4) | | | 2,318,975 | |
| | | | | 1,955,000 | | | Sirius XM Radio, Inc.
4.63%, 05/15/2023(1) | | | 1,835,256 | |
| | | | | 1,805,000 | | | Tribune Media Co.
5.88%, 07/15/2022(1) | | | 1,818,537 | |
| | | | | 2,555,000 | | | Unitymedia Hessen GmbH & Co.
5.50%, 01/15/2023(1) | | | 2,604,503 | |
| | | | | 249,000 | | | Videotron Ltd.
9.13%, 04/15/2018 | | | 253,358 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 33,134,127 | |
| | | | | | | | | | | | |
| | | | | | | Mining - 1.6% | |
| | | | | | | | Constellium N.V. | | | | |
| | | | | 535,000 | | | 5.75%, 05/15/2024(1) | | | 476,150 | |
| | | | | 1,170,000 | | | 8.00%, 01/15/2023(1) | | | 1,199,250 | |
| | | | | | | | FMG Resources August 2006 Pty Ltd. | | | | |
| | | | | 6,390,000 | | | 6.88%, 04/01/2022(1) | | | 4,480,987 | |
| | | | | 125,000 | | | 9.75%, 03/01/2022(1) | | | 129,063 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,285,450 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford High Yield HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 92.7% - (continued) | |
| | | | | | | Office/Business Equipment - 0.9% | |
| | | | | | | | CDW LLC / CDW Finance Corp. | | | | |
| | $ | | | | 885,000 | | | 5.00%, 09/01/2023 | | $ | 869,513 | |
| | | | | 970,000 | | | 5.50%, 12/01/2024 | | | 960,300 | |
| | | | | 1,780,000 | | | 6.00%, 08/15/2022 | | | 1,837,850 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,667,663 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas - 8.1% | |
| | | | | | | | Antero Resources Corp. | | | | |
| | | | | 810,000 | | | 5.63%, 06/01/2023(1) | | | 782,663 | |
| | | | | 2,700,000 | | | 6.00%, 12/01/2020 | | | 2,713,500 | |
| | | | | 1,085,000 | | | Blue Racer Midstream LLC
6.13%, 11/15/2022(1) | | | 1,117,550 | |
| | | | | 1,940,000 | | | Bonanza Creek Energy, Inc.
6.75%, 04/15/2021 | | | 1,838,150 | |
| | | | | 1,020,000 | | | Concho Resources, Inc.
5.50%, 10/01/2022 | | | 1,014,900 | |
| | | | | 2,485,000 | | | Diamondback Energy, Inc.
7.63%, 10/01/2021 | | | 2,658,950 | |
| | | | | 2,642,000 | | | Everest Acquisition LLC
9.38%, 05/01/2020 | | | 2,823,505 | |
| | | | | | | | Laredo Petroleum, Inc. | | | | |
| | | | | 740,000 | | | 5.63%, 01/15/2022 | | | 732,600 | |
| | | | | 1,360,000 | | | 6.25%, 03/15/2023 | | | 1,383,800 | |
| | | | | 600,000 | | | 7.38%, 05/01/2022 | | | 631,500 | |
| | | | | 380,000 | | | Matador Resources Co.
6.88%, 04/15/2023(1) | | | 388,075 | |
| | | | | 1,940,000 | | | MEG Energy Corp.
7.00%, 03/31/2024(1) | | | 1,859,975 | |
| | | | | 3,510,000 | | | Paragon Offshore plc
6.75%, 07/15/2022(1) | | | 1,158,300 | |
| | | | | | | | QEP Resources, Inc. | | | | |
| | | | | 35,000 | | | 5.25%, 05/01/2023 | | | 33,513 | |
| | | | | 205,000 | | | 5.38%, 10/01/2022 | | | 197,969 | |
| | | | | 245,000 | | | 6.80%, 03/01/2020 | | | 252,656 | |
| | | | | 500,000 | | | Range Resources Corp.
5.00%, 08/15/2022 | | | 490,000 | |
| | | | | 515,000 | | | Rice Energy, Inc.
7.25%, 05/01/2023(1) | | | 527,875 | |
| | | | | | | | Rosetta Resources, Inc. | | | | |
| | | | | 1,875,000 | | | 5.63%, 05/01/2021 | | | 1,992,187 | |
| | | | | 1,860,000 | | | 5.88%, 06/01/2022 | | | 1,985,550 | |
| | | | | 1,595,000 | | | Seadrill Ltd.
6.13%, 09/15/2017(1) | | | 1,399,612 | |
| | | | | | | | Tullow Oil plc | | | | |
| | | | | 1,725,000 | | | 6.00%, 11/01/2020(1) | | | 1,563,281 | |
| | | | | 2,865,000 | | | 6.25%, 04/15/2022(1) | | | 2,535,525 | |
| | | | | | | | WPX Energy, Inc. | | | | |
| | | | | 1,420,000 | | | 5.25%, 09/15/2024 | | | 1,308,175 | |
| | | | | 950,000 | | | 6.00%, 01/15/2022 | | | 938,125 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 32,327,936 | |
| | | | | | | | | | | | |
| | | | | | | Packaging & Containers - 1.1% | |
| | | | | 1,290,297 | | | Ardagh Finance Holdings S.A.
8.63%, 06/15/2019(1)(8) | | | 1,335,457 | |
| | | | | | | | Ardagh Packaging Finance plc | | | | |
| | | | | 2,065,000 | | | 6.00%, 06/30/2021(1) | | | 2,059,838 | |
| | | | | 277,941 | | | 7.00%, 11/15/2020(1) | | | 283,500 | |
| | | | | 511,000 | | | 9.13%, 10/15/2020(1) | | | 539,105 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,217,900 | |
| | | | | | | | | | | | |
| | | | | | | Pharmaceuticals - 3.3% | |
| | | | | | | | Endo Finance LLC / Endo Ltd. / Endo Finco, Inc. | |
| | | | | 561,000 | | | 6.00%, 07/15/2023(1)(9) | | | 573,623 | |
| | | | | 3,075,000 | | | 6.00%, 02/01/2025(1) | | | 3,124,969 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 92.7% - (continued) | |
| | | | | | | Pharmaceuticals - 3.3% - (continued) | |
| | $ | | | | 1,155,000 | | | Grifols Worldwide Operations Ltd.
5.25%, 04/01/2022 | | $ | 1,157,887 | |
| | | | | 1,908,000 | | | PRA Holdings, Inc.
9.50%, 10/01/2023(1) | | | 2,132,190 | |
| | | | | 840,000 | | | Quintiles Transnational Corp.
4.88%, 05/15/2023(1) | | | 844,200 | |
| | | | | 980,000 | | | Valeant Pharmaceuticals International, Inc.
6.13%, 04/15/2025(1) | | | 1,008,175 | |
| | | | | 4,340,000 | | | VRX Escrow Corp.
5.88%, 05/15/2023(1) | | | 4,448,500 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 13,289,544 | |
| | | | | | | | | | | | |
| | | | | | | Pipelines - 1.3% | |
| | | | | | | | Energy Transfer Equity L.P. | | | | |
| | | | | 2,745,000 | | | 5.50%, 06/01/2027 | | | 2,738,137 | |
| | | | | 1,773,000 | | | 7.50%, 10/15/2020 | | | 1,999,058 | |
| | | | | 450,000 | | | Kinder Morgan Finance Co.
6.00%, 01/15/2018(1) | | | 487,546 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 5,224,741 | |
| | | | | | | | | | | | |
| | | | | | | Retail - 2.5% | |
| | | | | 2,260,000 | | | 99 Cents Only Stores
11.00%, 12/15/2019 | | | 2,045,300 | |
| | | | | 1,595,000 | | | CEC Entertainment, Inc.
8.00%, 02/15/2022 | | | 1,583,038 | |
| | | | | 1,465,000 | | | Chinos Intermediate Holdings A, Inc.
7.75%, 05/01/2019(1)(8) | | | 1,179,325 | |
| | | | | | | | Family Tree Escrow LLC | | | | |
| | | | | 240,000 | | | 5.25%, 03/01/2020(1) | | | 251,100 | |
| | | | | 1,175,000 | | | 5.75%, 03/01/2023(1) | | | 1,227,875 | |
| | | | | 2,315,000 | | | Michaels Stores, Inc.
5.88%, 12/15/2020(1) | | | 2,424,962 | |
| | | | | 1,080,000 | | | Party City Holdings, Inc.
8.88%, 08/01/2020 | | | 1,152,900 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 9,864,500 | |
| | | | | | | | | | | | |
| | | | | | | Semiconductors - 2.6% | |
| | | | | 3,040,000 | | | Entegris, Inc.
6.00%, 04/01/2022(1) | | | 3,123,600 | |
| | | | | 4,895,000 | | | Freescale Semiconductor, Inc.
6.00%, 01/15/2022(1) | | | 5,188,700 | |
| | | | | | | | Sensata Technologies B.V. | | | | |
| | | | | 1,185,000 | | | 5.00%, 10/01/2025(1) | | | 1,153,894 | |
| | | | | 775,000 | | | 5.63%, 11/01/2024(1) | | | 802,125 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,268,319 | |
| | | | | | | | | | | | |
| | | | | | | Software - 7.4% | |
| | | | | | | | Activision Blizzard, Inc. | | | | |
| | | | | 6,152,000 | | | 5.63%, 09/15/2021(1) | | | 6,444,220 | |
| | | | | 910,000 | | | 6.13%, 09/15/2023(1) | | | 975,975 | |
| | | | | 3,440,000 | | | Audatex North America, Inc.
6.00%, 06/15/2021(1) | | | 3,534,600 | |
| | | | | 1,640,000 | | | Emdeon, Inc.
11.00%, 12/31/2019 | | | 1,779,400 | |
| | | | | | | | First Data Corp. | | | | |
| | | | | 1,169,000 | | | 6.75%, 11/01/2020(1) | | | 1,235,493 | |
| | | | | 2,895,000 | | | 7.38%, 06/15/2019(1) | | | 3,009,352 | |
| | | | | 4,130,000 | | | 8.25%, 01/15/2021(1) | | | 4,357,150 | |
| | | | | 3,710,000 | | | Infor Software Parent LLC
7.13%, 05/01/2021(1)(8) | | | 3,719,275 | |
| | | | | 2,450,000 | | | Infor US, Inc.
6.50%, 05/15/2022(1) | | | 2,492,875 | |
| | | | | 1,680,000 | | | MSCI, Inc.
5.25%, 11/15/2024(1) | | | 1,701,000 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford High Yield HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 92.7% - (continued) | |
| | | | | | | Software - 7.4% - (continued) | |
| | $ | | | | 450,000 | | | SS&C Technologies Holdings Inc.
5.88%, 07/15/2023(1) | | $ | 454,500 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 29,703,840 | |
| | | | | | | | | | | | |
| | | | | | | Telecommunications - 14.1% | |
| | | | | | | | Alcatel-Lucent USA, Inc. | | | | |
| | | | | 2,681,000 | | | 6.45%, 03/15/2029 | | | 2,768,132 | |
| | | | | 765,000 | | | 6.50%, 01/15/2028 | | | 787,950 | |
| | | | | 2,430,000 | | | 6.75%, 11/15/2020(1) | | | 2,569,725 | |
| | | | | | | | Altice Financing S.A. | | | | |
| | | | | 885,000 | | | 6.50%, 01/15/2022(1) | | | 885,000 | |
| | | | | 380,000 | | | 6.63%, 02/15/2023(1) | | | 377,264 | |
| | | | | 1,500,000 | | | 7.88%, 12/15/2019(1) | | | 1,578,750 | |
| | | | | 295,000 | | | 8.13%, 01/15/2024(1) | | | 297,950 | |
| | | | | 1,080,000 | | | 9.88%, 12/15/2020(1) | | | 1,188,000 | |
| | | | | 2,305,000 | | | DigitalGlobe, Inc.
5.25%, 02/01/2021(1) | | | 2,256,019 | |
| | | | | 1,960,000 | | | Intelsat Jackson Holdings S.A.
6.63%, 12/15/2022 | | | 1,783,600 | |
| | | | | | | | Level 3 Financing, Inc. | | | | |
| | | | | 1,995,000 | | | 5.13%, 05/01/2023(1) | | | 1,945,125 | |
| | | | | 2,515,000 | | | 5.38%, 08/15/2022 | | | 2,540,150 | |
| | | | | 1,250,000 | | | 5.63%, 02/01/2023(1) | | | 1,262,500 | |
| | | | | 970,000 | | | 6.13%, 01/15/2021 | | | 1,017,239 | |
| | | | | 2,825,000 | | | SoftBank Corp.
4.50%, 04/15/2020(1) | | | 2,835,594 | |
| | | | | | | | Sprint Communications, Inc. | | | | |
| | | | | 507,000 | | | 7.00%, 03/01/2020(1) | | | 551,464 | |
| | | | | 3,092,000 | | | 9.00%, 11/15/2018(1) | | | 3,491,672 | |
| | | | | | | | Sprint Corp. | | | | |
| | | | | 5,150,000 | | | 7.25%, 09/15/2021 | | | 5,021,250 | |
| | | | | 4,305,000 | | | 7.88%, 09/15/2023 | | | 4,198,666 | |
| | | | | 3,470,000 | | | Syniverse Holdings, Inc.
9.13%, 01/15/2019 | | | 3,053,600 | |
| | | | | | | | T-Mobile USA, Inc. | | | | |
| | | | | 330,000 | | | 6.13%, 01/15/2022 | | | 340,725 | |
| | | | | 2,490,000 | | | 6.46%, 04/28/2019 | | | 2,564,700 | |
| | | | | 490,000 | | | 6.50%, 01/15/2024 | | | 505,925 | |
| | | | | 1,425,000 | | | 6.63%, 11/15/2020 | | | 1,482,000 | |
| | | | | 635,000 | | | 6.63%, 04/28/2021 | | | 658,813 | |
| | | | | 2,865,000 | | | 6.73%, 04/28/2022 | | | 2,986,762 | |
| | | | | 405,000 | | | 6.84%, 04/28/2023 | | | 425,756 | |
| | | | | 1,660,500 | | | UPCB Finance VI Ltd.
6.88%, 01/15/2022(1) | | | 1,768,433 | |
| | | | | | | | Wind Acquisition Finance S.A. | | | | |
| | EUR | | | | 3,565,000 | | | 4.00%, 07/15/2020(1) | | | 3,964,503 | |
| | $ | | | | 1,145,000 | | | 6.50%, 04/30/2020(1) | | | 1,196,525 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 56,303,792 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Corporate Bonds
(cost $375,090,685) | | $ | 370,375,350 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| SENIOR FLOATING RATE INTERESTS - 3.1%(10) | |
| | | | | | | Coal - 0.4% | |
| | $ | | | | 2,241,019 | | | Arch Coal, Inc.
6.25%, 05/16/2018 | | $ | 1,525,305 | |
| | | | | | | | | | | | |
| | | | | | | Electric - 0.7% | |
| | | | | 4,525,000 | | | Texas Competitive Electric Holdings Co. LLC
4.67%, 10/10/2017(3) | | | 2,594,183 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SENIOR FLOATING RATE INTERESTS - 3.1%(10) - (continued) | |
| | | | | | | Insurance - 0.2% | |
| | $ | | | | 945,000 | | | Asurion LLC
8.50%, 03/03/2021 | | $ | 958,882 | |
| | | | | | | | | | | | |
| | | | | | | Internet - 0.3% | |
| | | | | 1,292,727 | | | Lands’ End, Inc.
4.25%, 04/04/2021 | | | 1,234,555 | |
| | | | | | | | | | | | |
| | | | | | | Machinery-Diversified - 0.7% | |
| | | | | 2,962,238 | | | Gardner Denver, Inc.
4.25%, 07/30/2020 | | | 2,885,308 | |
| | | | | | | | | | | | |
| | | | | | | Retail - 0.5% | |
| | | | | 2,187,399 | | | Neiman Marcus Group, Inc.
4.25%, 10/25/2020 | | | 2,172,371 | |
| | | | | | | | | | | | |
| | | | | | | Semiconductors - 0.3% | |
| | | | | 1,115,981 | | | Freescale Semiconductor, Inc.
5.00%, 01/15/2021 | | | 1,119,005 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Senior Floating Rate Interests
(cost $13,991,852) | | $ | 12,489,609 | |
| | | | | | | | | | | | |
| CONVERTIBLE BONDS - 0.5% | |
| | | | | | | Home Builders - 0.2% | |
| | $ | | | | 566,000 | | | M/I Homes, Inc.
3.00%, 03/01/2018 | | $ | 561,401 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas - 0.3% | |
| | | | | 1,790,000 | | | Cobalt International Energy, Inc.
2.63%, 12/01/2019 | | | 1,321,244 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Convertible Bonds
(cost $2,513,457) | | $ | 1,882,645 | |
| | | | | | | | | | | | |
| COMMON STOCKS - 0.2% | |
| | | | | | | Energy - 0.2% | |
| | | | | 206,275,142 | | | KCA Deutag(2)(11) | | $ | 822,419 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Common Stocks
(cost $2,795,441) | | $ | 822,419 | |
| | | | | | | | | | | | |
| PREFERRED STOCKS - 1.1% | |
| | | | | | | Diversified Financials - 1.1% | |
| | | | | 300 | | | Citigroup Capital | | $ | 7,788 | |
| | | | | 170,700 | | | GMAC Capital Trust I Series 2 | | | 4,434,786 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Preferred Stocks
(cost $4,028,627) | | $ | 4,442,574 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Long-Term Investments
(cost $400,899,020) | | $ | 390,012,597 | |
| | | | | | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 1.5% | |
| | | | | | | Other Investment Pools & Funds - 1.5% | |
| | | | | 6,036,644 | | | Fidelity Money Market Class 1 | | $ | 6,036,644 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Short-Term Investments
(cost $6,036,644) | | $ | 6,036,644 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | Total Investments
(cost $406,935,664)^ | | | 99.1 | % | | $ | 396,049,241 | |
| | | | Other Assets and Liabilities | | | 0.9 | % | | | 3,413,735 | |
| | | | | | | | | | | | |
| | | | Total Net Assets | | | 100.0 | % | | $ | 399,462,976 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford High Yield HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group indices and/or as defined by Fund management. Industry classifications may not be identical across all security types. |
| | Equity Industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $406,988,345 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 9,902,248 | |
Unrealized Depreciation | | | (20,841,352 | ) |
| | | | |
Net Unrealized Depreciation | | $ | (10,939,104 | ) |
| | | | |
| (1) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2015, the aggregate value of these securities was $174,846,088, which represents 43.8% of total net assets. |
| (2) | These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of these securities was $822,419, which represents 0.2% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| (3) | Non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal. |
| (4) | Perpetual maturity security. Maturity date shown is the next call date or final legal maturity date, whichever comes first. |
| (5) | These securities were sold to the Fund under Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, as amended. The Fund may only be able to resell these securities in the United States if an exemption from registration under the federal and state securities laws is available, or the Fund may only be able to sell these securities outside of the United States (such as on a foreign exchange) to a non-U.S. person. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2015, the aggregate value of these securities was $5,375,333, which represents 1.3% of total net assets. |
| (6) | Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2015. |
| (7) | The issuer is in bankruptcy. However, the investment held by the Fund is current with respect to interest payments. |
| (8) | This security may pay interest in additional principal instead of cash. |
| (9) | This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of this security was $561,000 at June 30, 2015. |
| (10) | Senior floating rate interests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. The base lending rates are primarily the LIBOR, and secondarily the prime rate offered by one or more major United States banks (the “Prime Rate”) and the certificate of deposit rate or other base lending rates used by commercial lenders. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. Unless otherwise noted, the interest rate disclosed for these securities represents the average coupon as of June 30, 2015. |
| (11) | The following security is considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
03/2011 | | | 206,275,142 | | | KCA Deutag | | $ | 2,795,441 | |
| | At June 30, 2015, the aggregate value of these securities were $822,419, which represents 0.2% of total net assets. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford High Yield HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Centrally Cleared Credit Default Swap Contracts Outstanding June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Reference Entity | | | Notional
Amount(a) | | | (Pay)/Receive
Fixed Rate | | | Expiration
Date | | | Cost Basis | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Credit default swaps on indices: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sell protection: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CDX.NA.HY.24 | | | USD | | | | 3,494,700 | | | | 5.00 | % | | | 06/20/20 | | | $ | 223,650 | | | $ | 222,073 | | | $ | (1,577 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | | | | | $ | 223,650 | | | $ | 222,073 | | | $ | (1,577 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
Foreign Currency Contracts Outstanding at June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | |
Currency | | Buy/Sell | | | Delivery
Date | | | Counterparty | | | Contract
Amount | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
EUR | | | Sell | | | | 07/31/15 | | | | CBK | | | $ | 10,008,605 | | | $ | 9,953,023 | | | $ | 55,582 | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Counterparty Abbreviations: |
CBK | | Citibank NA |
|
| Currency Abbreviations: |
EUR | | Euro |
USD | | United States Dollar |
|
| Index Abbreviations: |
CDX.NA.HY | | Credit Derivatives North American High Yield |
|
| Other Abbreviations: |
LIBOR | | London Interbank Offered Rate |
The accompanying notes are an integral part of these financial statements.
|
| Hartford High Yield HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | |
Asset & Commercial Mortgage Backed Securities | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Corporate Bonds | | | 370,375,350 | | | | — | | | | 370,375,350 | | | | — | |
Senior Floating Rate Interests | | | 12,489,609 | | | | — | | | | 12,489,609 | | | | — | |
Convertible Bonds | | | 1,882,645 | | | | — | | | | 1,882,645 | | | | — | |
Common Stocks | | | | | | | | | | | | | | | | |
Energy | | | 822,419 | | | | — | | | | — | | | | 822,419 | |
Preferred Stocks | | | 4,442,574 | | | | 4,442,574 | | | | — | | | | — | |
Short-Term Investments | | | 6,036,644 | | | | 6,036,644 | | | | — | | | | — | |
Foreign Currency Contracts(2) | | | 55,582 | | | | — | | | | 55,582 | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 396,104,823 | | | $ | 10,479,218 | | | $ | 384,803,186 | | | $ | 822,419 | |
| | | | | | | | | | | | | | | | |
Liabilities | | | | | | | | | | | | | | | | |
Swaps - Credit Default(2) | | $ | (1,577 | ) | | $ | — | | | $ | (1,577 | ) | | $ | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | (1,577 | ) | | $ | — | | | $ | (1,577 | ) | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
| (2) | Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/depreciation on the investments. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Common Stocks | | | Total | |
Beginning balance | | $ | 423,689 | | | $ | 423,689 | |
Purchases | | | — | | | | — | |
Sales | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | 398,730 | | | | 398,730 | |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | |
| | | | | | | | |
Ending balance | | $ | 822,419 | | | $ | 822,419 | |
| | | | | | | | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $398,730.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford International Opportunities HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.5% | | | |
| | | | Belgium - 3.1% | |
| | 379,568 | | | Anheuser-Busch InBev N.V. | | $ | 45,677,341 | |
| | | | | | | | |
| | | | Brazil - 0.9% | |
| | 396,210 | | | BB Seguridade Participacoes S.A. | | | 4,345,553 | |
| | 778,500 | | | BR Malls Participacoes S.A. | | | 3,645,737 | |
| | 489,978 | | | Petroleo Brasileiro S.A. ADR* | | | 4,434,301 | |
| | | | | | | | |
| | | | 12,425,591 | |
| | | | | | | | |
| | | | Canada - 3.3% | |
| | 464,265 | | | Canadian National Railway Co. | | | 26,785,377 | |
| | 398,010 | | | Imperial Oil Ltd. | | | 15,375,487 | |
| | 158,080 | | | TransCanada Corp. | | | 6,424,452 | |
| | | | | | | | |
| | | | 48,585,316 | |
| | | | | | | | |
| | | | China - 7.1% | |
| | 245,365 | | | Alibaba Group Holding Ltd. ADR* | | | 20,186,179 | |
| | 82,836 | | | Baidu, Inc. ADR* | | | 16,490,991 | |
| | 21,443,000 | | | China Construction Bank Class H | | | 19,559,350 | |
| | 3,324,000 | | | China Life Insurance Co., Ltd. Class H | | | 14,426,957 | |
| | 2,585,260 | | | ENN Energy Holdings Ltd. | | | 15,546,044 | |
| | 182,000 | | | Hollysys Automation Technologies Ltd. | | | 4,373,460 | |
| | 658,400 | | | Huatai Securities Co., Ltd. Class H*(1) | | | 1,860,139 | |
| | 4,914,000 | | | PICC Property & Casualty Co., Ltd.
Class H | | | 11,186,216 | |
| | | | | | | | |
| | | | 103,629,336 | |
| | | | | | | | |
| | | | Denmark - 0.2% | |
| | 159,464 | | | H. Lundbeck A/S* | | | 3,068,168 | |
| | | | | | | | |
| | | | Finland - 0.6% | |
| | 217,962 | | | Kone Oyj Class B | | | 8,847,082 | |
| | | | | | | | |
| | | | France - 12.6% | |
| | 169,688 | | | Air Liquide | | | 21,531,793 | |
| | 396,752 | | | Airbus Group N.V. | | | 25,843,352 | |
| | 474,524 | | | BNP Paribas S.A. | | | 28,795,408 | |
| | 184,274 | | | Essilor International S.A. | | | 22,076,102 | |
| | 271,294 | | | Groupe Eurotunnel S.A. | | | 3,933,547 | |
| | 257,038 | | | Legrand S.A. | | | 14,466,582 | |
| | 1,020,411 | | | Orange S.A. | | | 15,769,784 | |
| | 181,539 | | | Schneider Electric S.A. | | | 12,569,577 | |
| | 356,558 | | | Total S.A. | | | 17,489,506 | |
| | 82,434 | | | Unibail-Rodamco SE REIT | | | 20,938,618 | |
| | | | | | | | |
| | | | | | | 183,414,269 | |
| | | | | | | | |
| | | | Germany - 5.6% | |
| | 230,513 | | | Beiersdorf AG | | | 19,314,739 | |
| | 159,420 | | | Brenntag AG | | | 9,147,739 | |
| | 81,900 | | | Continental AG | | | 19,392,062 | |
| | 966,784 | | | Deutsche Annington Immobilien SE | | | 27,280,675 | |
| | 29,870 | | | Volkswagen AG (Preference Shares) | | | 6,932,189 | |
| | | | | | | | |
| | | | | | | 82,067,404 | |
| | | | | | | | |
| | | | Hong Kong - 0.9% | |
| | 370,707 | | | Hong Kong Exchanges and Clearing Ltd. | | | 13,061,690 | |
| | | | | | | | |
| | | | India - 5.3% | |
| | 1,365,241 | | | Bharti Infratel Ltd. | | | 9,583,271 | |
| | 215,426 | | | Container Corp. Of India Ltd. | | | 5,666,083 | |
| | 157,950 | | | Divi’s Laboratories Ltd. | | | 4,662,086 | |
| | 86,990 | | | HDFC Bank Ltd. ADR | | | 5,265,505 | |
| | 61,100 | | | ICICI Bank Ltd. ADR | | | 636,662 | |
| | 5,031,082 | | | ICICI Bank Ltd. | | | 24,414,636 | |
| | 88,317 | | | Maruti Suzuki India Ltd. | | | 5,575,760 | |
| | 994,294 | | | Power Grid Corp. of India Ltd. | | | 2,171,022 | |
| | 764,711 | | | Punjab National Bank | | | 1,666,801 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.5% - (continued) | | | |
| | | | India - 5.3% - (continued) | |
| | 2,159,599 | | | State Bank of India | | $ | 8,898,869 | |
| | 209,968 | | | Tata Consultancy Services Ltd. | | | 8,411,085 | |
| | | | | | | | |
| | | | | | | 76,951,780 | |
| | | | | | | | |
| | | | Ireland - 1.9% | |
| | 11,120,014 | | | Bank of Ireland* | | | 4,501,341 | |
| | 829,696 | | | CRH plc | | | 23,278,542 | |
| | | | | | | | |
| | | | | | | 27,779,883 | |
| | | | | | | | |
| | | | Italy - 6.3% | |
| | 781,401 | | | Assicurazioni Generali S.p.A. | | | 14,083,791 | |
| | 265,411 | | | Banca Generali S.p.A. | | | 9,344,312 | |
| | 1,106,930 | | | FinecoBank Banca Fineco S.p.A. | | | 8,198,863 | |
| | 5,122,170 | | | Intesa Sanpaolo S.p.A. | | | 18,601,074 | |
| | 410,423 | | | Luxottica Group S.p.A. | | | 27,300,463 | |
| | 3,097,482 | | | Snam S.p.A. | | | 14,740,978 | |
| | | | | | | | |
| | | | | | | 92,269,481 | |
| | | | | | | | |
| | | | Japan - 18.9% | |
| | 213,820 | | | Asahi Group Holdings Ltd. | | | 6,790,532 | |
| | 503,060 | | | Asics Corp. | | | 12,995,642 | |
| | 182,280 | | | Daito Trust Construction Co., Ltd. | | | 18,865,116 | |
| | 293,045 | | | Daiwa House Industry Co., Ltd. | | | 6,827,348 | |
| | 239,510 | | | Eisai Co., Ltd. | | | 16,057,852 | |
| | 743,500 | | | Honda Motor Co., Ltd. | | | 24,029,795 | |
| | 452,547 | | | Isuzu Motors Ltd. | | | 5,937,216 | |
| | 320,400 | | | Kansai Electric Power Co., Inc.* | | | 3,546,998 | |
| | 331,400 | | | Kyushu Electric Power Co., Inc.* | | | 3,842,222 | |
| | 428,410 | | | M3, Inc. | | | 8,611,656 | |
| | 990,650 | | | Mitsubishi UFJ Financial Group, Inc. | | | 7,127,193 | |
| | 291,192 | | | Mitsui Fudosan Co., Ltd. | | | 8,148,396 | |
| | 3,273,000 | | | NEC Corp. | | | 9,904,585 | |
| | 548,170 | | | Nippon Telegraph & Telephone Corp. | | | 19,852,381 | |
| | 312,105 | | | Olympus Corp. | | | 10,775,427 | |
| | 233,045 | | | Ono Pharmaceutical Co., Ltd. | | | 25,435,675 | |
| | 546,520 | | | Seven & I Holdings Co., Ltd. | | | 23,459,707 | |
| | 235,600 | | | Shikoku Electric Power Co., Inc. | | | 3,526,897 | |
| | 295,400 | | | Sumco Corp. | | | 3,694,569 | |
| | 375,300 | | | Sumitomo Mitsui Financial Group, Inc. | | | 16,708,050 | |
| | 640,650 | | | T&D Holdings, Inc. | | | 9,550,499 | |
| | 287,805 | | | Takeda Pharmaceutical Co., Ltd. | | | 13,891,959 | |
| | 348,600 | | | Tokio Marine Holdings, Inc. | | | 14,497,952 | |
| | | | | | | | |
| | | | | | | 274,077,667 | |
| | | | | | | | |
| | | | Luxembourg - 0.2% | |
| | 17,462 | | | Altice S.A.* | | | 2,405,210 | |
| | | | | | | | |
| | | | Mexico - 0.8% | |
| | 1,035,500 | | | Cemex S.A.B. de C.V. ADR* | | | 9,485,180 | |
| | 846,127 | | | Corp. Inmobiliaria Vesta S.A.B. de C.V. | | | 1,378,136 | |
| | | | | | | | |
| | | | 10,863,316 | |
| | | | | | | | |
| | | | Netherlands - 2.6% | |
| | 1,268,099 | | | ING Groep N.V. | | | 21,057,246 | |
| | 782,737 | | | Koninklijke KPN N.V. | | | 3,000,886 | |
| | 136,814 | | | NXP Semiconductors N.V.* | | | 13,435,135 | |
| | | | | | | | |
| | | | 37,493,267 | |
| | | | | | | | |
| | | | South Korea - 1.4% | |
| | 81,599 | | | Korea Electric Power Corp. | | | 3,335,367 | |
| | 453,410 | | | SK Hynix, Inc. | | | 17,184,925 | |
| | | | | | | | |
| | | | 20,520,292 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford International Opportunities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.5% - (continued) | | | |
| | | | Spain - 1.4% | |
| | 626,994 | | | Inditex S.A. | | $ | 20,450,850 | |
| | | | | | | | |
| | | | Sweden - 3.1% | |
| | 620,675 | | | Assa Abloy AB Class B | | | 11,684,700 | |
| | 653,085 | | | Electrolux AB Series B | | | 20,463,201 | |
| | 339,647 | | | Hennes & Mauritz AB Class B | | | 13,072,574 | |
| | | | | | | | |
| | | | 45,220,475 | |
| | | | | | | | |
| | | | Switzerland - 9.7% | |
| | 156,443 | | | Adecco S.A. | | | 12,696,512 | |
| | 94,758 | | | Cie Financiere Richemont S.A. | | | 7,701,722 | |
| | 522,709 | | | Julius Baer Group Ltd.* | | | 29,331,268 | |
| | 471,874 | | | Novartis AG | | | 46,413,741 | |
| | 79,535 | | | Roche Holding AG | | | 22,300,932 | |
| | 1,045,300 | | | UBS Group AG | | | 22,177,583 | |
| | | | | | | | |
| | | | 140,621,758 | |
| | | | | | | | |
| | | | Taiwan - 2.0% | |
| | 6,458,035 | | | Taiwan Semiconductor Manufacturing Co., Ltd. | | | 29,375,129 | |
| | | | | | | | |
| | | | United Kingdom - 9.6% | |
| | 577,947 | | | AstraZeneca plc | | | 36,578,403 | |
| | 69,864 | | | Derwent London plc REIT | | | 3,731,816 | |
| | 457,544 | | | Diageo plc | | | 13,250,370 | |
| | 445,369 | | | Direct Line Insurance Group plc | | | 2,349,881 | |
| | 144,201 | | | Hikma Pharmaceuticals plc | | | 4,380,201 | |
| | 743,398 | | | International Consolidated Airlines Group S.A.* | | | 5,777,019 | |
| | 216,539 | | | Schroders plc | | | 10,804,594 | |
| | 2,022,335 | | | Sky plc | | | 32,939,057 | |
| | 913,816 | | | Smith & Nephew plc | | | 15,459,278 | |
| | 182,258 | | | Standard Chartered plc | | | 2,918,752 | |
| | 473,941 | | | WPP plc | | | 10,638,162 | |
| | | | | | | | |
| | | | 138,827,533 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $1,310,569,926) | | $ | 1,417,632,838 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $1,310,569,926) | | $ | 1,417,632,838 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 1.8% | |
| | | | Other Investment Pools & Funds - 1.8% | |
| | 25,994,686 | | | BlackRock Liquidity Funds TempFund Portfolio | | $ | 25,994,686 | |
| | | | | | | | |
| | | | Total Short-Term Investments (cost $25,994,686) | | $ | 25,994,686 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $1,336,564,612)^ | | | 99.3 | % | | $ | 1,443,627,524 | |
| | Other Assets and Liabilities | | | 0.7 | % | | | 10,365,282 | |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 1,453,992,806 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford International Opportunities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $1,345,661,387 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 134,788,542 | |
Unrealized Depreciation | | | (36,822,405 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 97,966,137 | |
| | | | |
| (1) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, this holding is determined to be liquid. At June 30, 2015, the aggregate value of this security was $1,860,139, which represents 0.1% of total net assets. |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
|
| Hartford International Opportunities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Belgium | | $ | 45,677,341 | | | $ | — | | | $ | 45,677,341 | | | $ | — | |
Brazil | | | 12,425,591 | | | | 12,425,591 | | | | — | | | | — | |
Canada | | | 48,585,316 | | | | 48,585,316 | | | | — | | | | — | |
China | | | 103,629,336 | | | | 42,910,769 | | | | 60,718,567 | | | | — | |
Denmark | | | 3,068,168 | | | | — | | | | 3,068,168 | | | | — | |
Finland | | | 8,847,082 | | | | — | | | | 8,847,082 | | | | — | |
France | | | 183,414,269 | | | | — | | | | 183,414,269 | | | | — | |
Germany | | | 82,067,404 | | | | — | | | | 82,067,404 | | | | — | |
Hong Kong | | | 13,061,690 | | | | — | | | | 13,061,690 | | | | — | |
India | | | 76,951,780 | | | | 25,563,324 | | | | 51,388,456 | | | | — | |
Ireland | | | 27,779,883 | | | | — | | | | 27,779,883 | | | | — | |
Italy | | | 92,269,481 | | | | 9,344,312 | | | | 82,925,169 | | | | — | |
Japan | | | 274,077,667 | | | | — | | | | 274,077,667 | | | | — | |
Luxembourg | | | 2,405,210 | | | | 2,405,210 | | | | — | | | | — | |
Mexico | | | 10,863,316 | | | | 10,863,316 | | | | — | | | | — | |
Netherlands | | | 37,493,267 | | | | 13,435,135 | | | | 24,058,132 | | | | — | |
South Korea | | | 20,520,292 | | | | — | | | | 20,520,292 | | | | — | |
Spain | | | 20,450,850 | | | | — | | | | 20,450,850 | | | | — | |
Sweden | | | 45,220,475 | | | | — | | | | 45,220,475 | | | | — | |
Switzerland | | | 140,621,758 | | | | — | | | | 140,621,758 | | | | — | |
Taiwan | | | 29,375,129 | | | | — | | | | 29,375,129 | | | | — | |
United Kingdom | | | 138,827,533 | | | | 2,349,881 | | | | 136,477,652 | | | | — | |
Short-Term Investments | | | 25,994,686 | | | | 25,994,686 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 1,443,627,524 | | | $ | 193,877,540 | | | $ | 1,249,749,984 | | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, investments valued at $25,017,546 were transferred from Level 1 to Level 2, and investments valued at $10,257,723 were transferred from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to: |
| | a) | Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1). |
| | b) | U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2). |
| | c) | Equity investments with no observable trading but a bid or mean price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.8% | |
| | | | Automobiles & Components - 1.2% | | | |
| | 388,422 | | | Harley-Davidson, Inc. | | $ | 21,887,580 | |
| | | | | | | | |
| | | | Banks - 3.8% | |
| | 93,275 | | | Cullen/Frost Bankers, Inc. | | | 7,329,550 | |
| | 199,653 | | | East West Bancorp, Inc. | | | 8,948,447 | |
| | 341,040 | | | First Republic Bank | | | 21,495,751 | |
| | 267,696 | | | M&T Bank Corp. | | | 33,443,261 | |
| | | | | | | | |
| | | | | | | 71,217,009 | |
| | | | | | | | |
| | | | Capital Goods - 7.6% | |
| | 685,370 | | | Allison Transmission Holdings, Inc. | | | 20,053,926 | |
| | 211,239 | | | Colfax Corp.* | | | 9,748,680 | |
| | 259,571 | | | IDEX Corp. | | | 20,397,089 | |
| | 356,730 | | | Jacobs Engineering Group, Inc.* | | | 14,490,373 | |
| | 278,592 | | | Lennox International, Inc. | | | 30,001,572 | |
| | 275,740 | | | MSC Industrial Direct Co., Inc. Class A | | | 19,238,380 | |
| | 276,081 | | | PACCAR, Inc. | | | 17,616,729 | |
| | 85,503 | | | Pall Corp. | | | 10,640,848 | |
| | | | | | | | |
| | | | | | | 142,187,597 | |
| | | | | | | | |
| | | | Commercial & Professional Services - 9.9% | |
| | 343,668 | | | Clean Harbors, Inc.* | | | 18,468,718 | |
| | 466,255 | | | Equifax, Inc. | | | 45,268,698 | |
| | 422,044 | | | ManpowerGroup, Inc. | | | 37,722,293 | |
| | 731,085 | | | Robert Half International, Inc. | | | 40,575,218 | |
| | 327,704 | | | TransUnion* | | | 8,225,370 | |
| | 325,184 | | | TriNet Group, Inc.* | | | 8,243,415 | |
| | 563,310 | | | Waste Connections, Inc. | | | 26,543,167 | |
| | | | | | | | |
| | | | | | | 185,046,879 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 3.0% | |
| | 155,378 | | | Harman International Industries, Inc. | | | 18,480,659 | |
| | 23,301 | | | NVR, Inc.* | | | 31,223,340 | |
| | 89,772 | | | Tempur Sealy International, Inc.* | | | 5,915,975 | |
| | | | | | | | |
| | | | | | | 55,619,974 | |
| | | | | | | | |
| | | | Diversified Financials - 4.7% | |
| | 271,056 | | | Invesco Ltd. | | | 10,161,889 | |
| | 160,196 | | | Moody’s Corp. | | | 17,294,760 | |
| | 284,584 | | | MSCI, Inc. | | | 17,516,145 | |
| | 285,123 | | | Northern Trust Corp. | | | 21,800,505 | |
| | 434,330 | | | SEI Investments Co. | | | 21,295,200 | |
| | | | | | | | |
| | | | | | | 88,068,499 | |
| | | | | | | | |
| | | | Energy - 6.0% | |
| | 99,069 | | | Cimarex Energy Co. | | | 10,928,302 | |
| | 1,183,161 | | | Cobalt International Energy, Inc.* | | | 11,488,493 | |
| | 124,183 | | | Diamondback Energy, Inc.* | | | 9,360,915 | |
| | 243,714 | | | Energen Corp. | | | 16,645,666 | |
| | 270,792 | | | Gulfport Energy Corp.* | | | 10,899,378 | |
| | 222,759 | | | Laredo Petroleum, Inc.* | | | 2,802,308 | |
| | 592,606 | | | Memorial Resource Development Corp.* | | | 11,241,736 | |
| | 560,148 | | | Patterson-UTI Energy, Inc. | | | 10,539,185 | |
| | 64,897 | | | Pioneer Natural Resources Co. | | | 9,000,565 | |
| | 516,828 | | | QEP Resources, Inc. | | | 9,566,486 | |
| | 196,116 | | | World Fuel Services Corp. | | | 9,403,762 | |
| | | | | | | | |
| | | | | | | 111,876,796 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 0.7% | |
| | 153,463 | | | PriceSmart, Inc. | | | 14,001,964 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 1.6% | |
| | 227,840 | | | Monster Beverage Corp.* | | | 30,535,117 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.8% - (continued) | |
| | | | Health Care Equipment & Services - 9.9% | |
| | 616,052 | | | Envision Healthcare Holdings, Inc.* | | $ | 24,321,733 | |
| | 785,520 | | | IMS Health Holdings, Inc.* | | | 24,076,188 | |
| | 276,932 | | | MEDNAX, Inc.* | | | 20,523,430 | |
| | 472,428 | | | Patterson Cos., Inc. | | | 22,983,622 | |
| | 238,047 | | | Sirona Dental Systems, Inc.* | | | 23,904,680 | |
| | 329,833 | | | Team Health Holdings, Inc.* | | | 21,547,990 | |
| | 235,839 | | | Universal Health Services, Inc. Class B | | | 33,512,722 | |
| | 175,611 | | | Varian Medical Systems, Inc.* | | | 14,809,276 | |
| | | | | | | | |
| | | | | | | 185,679,641 | |
| | | | | | | | |
| | | | Insurance - 5.9% | |
| | 47,173 | | | Alleghany Corp.* | | | 22,112,815 | |
| | 40,245 | | | Fairfax Financial Holdings Ltd. | | | 19,844,748 | |
| | 47,795 | | | Markel Corp.* | | | 38,268,501 | |
| | 22,998 | | | White Mountains Insurance Group Ltd. | | | 15,062,310 | |
| | 288,375 | | | WR Berkley Corp. | | | 14,975,314 | |
| | | | | | | | |
| | | | | | | 110,263,688 | |
| | | | | | | | |
| | | | Materials - 3.0% | |
| | 196,498 | | | Ball Corp. | | | 13,784,335 | |
| | 221,685 | | | Packaging Corp. of America | | | 13,853,095 | |
| | 49,083 | | | Sherwin-Williams Co. | | | 13,498,807 | |
| | 279,922 | | | Silgan Holdings, Inc. | | | 14,768,685 | |
| | | | | | | | |
| | | | | | | 55,904,922 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 8.3% | |
| | 133,392 | | | Agios Pharmaceuticals, Inc.* | | | 14,825,187 | |
| | 470,634 | | | Alkermes plc* | | | 30,280,592 | |
| | 116,342 | | | Alnylam Pharmaceuticals, Inc.* | | | 13,945,916 | |
| | 141,100 | | | Incyte Corp.* | | | 14,704,031 | |
| | 799,721 | | | Ironwood Pharmaceuticals, Inc.* | | | 9,644,635 | |
| | 107,407 | | | Jazz Pharmaceuticals plc* | | | 18,911,150 | |
| | 58,853 | | | Medivation, Inc.* | | | 6,721,013 | |
| | 68,818 | | | Mettler-Toledo International, Inc.* | | | 23,498,594 | |
| | 176,666 | | | Waters Corp.* | | | 22,680,381 | |
| | | | | | | | |
| | | | | | | 155,211,499 | |
| | | | | | | | |
| | | | Retailing - 6.0% | |
| | 295,955 | | | Advance Auto Parts, Inc. | | | 47,142,672 | |
| | 491,235 | | | CarMax, Inc.* | | | 32,524,669 | |
| | 124,841 | | | Tiffany & Co. | | | 11,460,404 | |
| | 233,734 | | | TripAdvisor, Inc.* | | | 20,367,581 | |
| | | | | | | | |
| | | | | | | 111,495,326 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 0.9% | |
| | 168,619 | | | First Solar, Inc.* | | | 7,921,721 | |
| | 297,432 | | | SunPower Corp.* | | | 8,450,043 | |
| | | | | | | | |
| | | | | | | 16,371,764 | |
| | | | | | | | |
| | | | Software & Services - 14.0% | |
| | 479,665 | | | Akamai Technologies, Inc.* | | | 33,490,210 | |
| | 156,716 | | | Factset Research Systems, Inc. | | | 25,467,917 | |
| | 2,098,536 | | | Genpact Ltd.* | | | 44,761,773 | |
| | 98,868 | | | Global Payments, Inc. | | | 10,227,895 | |
| | 163,872 | | | Guidewire Software, Inc.* | | | 8,673,745 | |
| | 729,429 | | | HomeAway, Inc.* | | | 22,699,830 | |
| | 356,700 | | | Pandora Media, Inc.* | | | 5,543,118 | |
| | 314,876 | | | Solera Holdings, Inc. | | | 14,030,875 | |
| | 1,043,552 | | | Vantiv, Inc. Class A* | | | 39,853,251 | |
| | 291,222 | | | VeriSign, Inc.* | | | 17,974,222 | |
| | 223,855 | | | WEX, Inc.* | | | 25,512,754 | |
| | 145,329 | | | Zillow Group, Inc. Class A* | | | 12,605,837 | |
| | | | | | | | |
| | | | | | | 260,841,427 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.8% - (continued) | |
| | | | Technology Hardware & Equipment - 7.6% | |
| | 401,370 | | | Amphenol Corp. Class A | | $ | 23,267,419 | |
| | 48,014 | | | Arista Networks, Inc.* | | | 3,924,664 | |
| | 490,981 | | | CDW Corp. of Delaware | | | 16,830,829 | |
| | 159,684 | | | F5 Networks, Inc.* | | | 19,217,969 | |
| | 155,968 | | | FEI Co. | | | 12,934,426 | |
| | 915,521 | | | National Instruments Corp. | | | 26,971,249 | |
| | 631,678 | | | Nimble Storage, Inc.* | | | 17,724,885 | |
| | 892,462 | | | Trimble Navigation Ltd.* | | | 20,937,158 | |
| | | | | | | | |
| | | | | | | 141,808,599 | |
| | | | | | | | |
| | | | Transportation - 3.8% | |
| | 36,194 | | | AMERCO | | | 11,832,181 | |
| | 299,895 | | | Genesee & Wyoming, Inc. Class A* | | | 22,846,001 | |
| | 265,615 | | | J.B. Hunt Transport Services, Inc. | | | 21,804,335 | |
| | 749,059 | | | JetBlue Airways Corp.* | | | 15,550,465 | |
| | | | | | | | |
| | | | | | | 72,032,982 | |
| | | | | | | | |
| | | | Utilities - 1.9% | |
| | 138,006 | | | Eversource Energy | | | 6,266,852 | |
| | 623,575 | | | UGI Corp. | | | 21,482,159 | |
| | 175,071 | | | WEC Energy Group, Inc. | | | 7,872,943 | |
| | | | | | | | |
| | | | | | | 35,621,954 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $1,470,475,341) | | $ | 1,865,673,217 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $1,470,475,341) | | $ | 1,865,673,217 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 0.2% | |
| | | | Other Investment Pools & Funds - 0.2% | |
| | 3,577,468 | | | Fidelity Money Market Class 1 | | $ | 3,577,468 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $3,577,468) | | $ | 3,577,468 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $1,474,052,809)^ | | | 100.0 | % | | $ | 1,869,250,685 | |
| | Other Assets and Liabilities | | | 0.0 | % | | | (552,291 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 1,868,698,394 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $1,476,564,928 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 443,440,034 | |
Unrealized Depreciation | | | (50,754,277 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 392,685,757 | |
| | | | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 21,887,580 | | | $ | 21,887,580 | | | $ | — | | | $ | — | |
Banks | | | 71,217,009 | | | | 71,217,009 | | | | — | | | | — | |
Capital Goods | | | 142,187,597 | | | | 142,187,597 | | | | — | | | | — | |
Commercial & Professional Services | | | 185,046,879 | | | | 185,046,879 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 55,619,974 | | | | 55,619,974 | | | | — | | | | — | |
Diversified Financials | | | 88,068,499 | | | | 88,068,499 | | | | — | | | | — | |
Energy | | | 111,876,796 | | | | 111,876,796 | | | | — | | | | — | |
Food & Staples Retailing | | | 14,001,964 | | | | 14,001,964 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 30,535,117 | | | | 30,535,117 | | | | — | | | | — | |
Health Care Equipment & Services | | | 185,679,641 | | | | 185,679,641 | | | | — | | | | — | |
Insurance | | | 110,263,688 | | | | 110,263,688 | | | | — | | | | — | |
Materials | | | 55,904,922 | | | | 55,904,922 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 155,211,499 | | | | 155,211,499 | | | | — | | | | — | |
Retailing | | | 111,495,326 | | | | 111,495,326 | | | | — | | | | — | |
Semiconductors & Semiconductor Equipment | | | 16,371,764 | | | | 16,371,764 | | | | — | | | | — | |
Software & Services | | | 260,841,427 | | | | 260,841,427 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 141,808,599 | | | | 141,808,599 | | | | — | | | | — | |
Transportation | | | 72,032,982 | | | | 72,032,982 | | | | — | | | | — | |
Utilities | | | 35,621,954 | | | | 35,621,954 | | | | — | | | | — | |
Short-Term Investments | | | 3,577,468 | | | | 3,577,468 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 1,869,250,685 | | | $ | 1,869,250,685 | | | $ | — | | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford MidCap Value HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| Common Stocks - 98.5% | |
| | | | Automobiles & Components - 0.7% | | | |
| | 101,700 | | | Goodyear Tire & Rubber Co. | | $ | 3,066,255 | |
| | | | | | | | |
| | | | Banks - 10.7% | |
| | 211,858 | | | BankUnited, Inc. | | | 7,612,058 | |
| | 115,400 | | | CIT Group, Inc. | | | 5,364,946 | |
| | 174,236 | | | Comerica, Inc. | | | 8,941,792 | |
| | 109,865 | | | EverBank Financial Corp. | | | 2,158,847 | |
| | 108,537 | | | IBERIABANK Corp. | | | 7,405,479 | |
| | 66,300 | | | South State Corp. | | | 5,038,137 | |
| | 322,730 | | | Zions Bancorporation | | | 10,241,837 | |
| | | | | | | | |
| | | | | | | 46,763,096 | |
| | | | | | | | |
| | | | Capital Goods - 14.7% | |
| | 213,531 | | | Barnes Group, Inc. | | | 8,325,574 | |
| | 65,800 | | | Curtiss-Wright Corp. | | | 4,766,552 | |
| | 60,681 | | | Esterline Technologies Corp.* | | | 5,785,326 | |
| | 131,600 | | | Generac Holdings, Inc.* | | | 5,231,100 | |
| | 68,979 | | | Hubbell, Inc. Class B | | | 7,469,046 | |
| | 102,400 | | | Moog, Inc. Class A* | | | 7,237,632 | |
| | 88,096 | | | Orbital ATK, Inc. | | | 6,462,722 | |
| | 203,226 | | | Rexel S.A. | | | 3,279,381 | |
| | 381,000 | | | Sanwa Holdings Corp. | | | 3,205,211 | |
| | 108,500 | | | Sensata Technologies Holding N.V.* | | | 5,722,290 | |
| | 99,500 | | | WESCO International, Inc.* | | | 6,829,680 | |
| | | | | | | | |
| | | | | | | 64,314,514 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 8.5% | |
| | 151,500 | | | D.R. Horton, Inc. | | | 4,145,040 | |
| | 11,328,000 | | | Global Brands Group Holding Ltd.* | | | 2,380,648 | |
| | 148,593 | | | Lennar Corp. Class A | | | 7,584,187 | |
| | 229,386 | | | Newell Rubbermaid, Inc. | | | 9,430,058 | |
| | 331,900 | | | Performance Sports Group Ltd.* | | | 5,974,200 | |
| | 528,900 | | | Samsonite International S.A. | | | 1,826,066 | |
| | 151,900 | | | Toll Brothers, Inc.* | | | 5,801,061 | |
| | | | | | | | |
| | | | | | | 37,141,260 | |
| | | | | | | | |
| | | | Consumer Services - 1.8% | |
| | 139,151 | | | Norwegian Cruise Line Holdings Ltd.* | | | 7,798,022 | |
| | | | | | | | |
| | | | Diversified Financials - 1.7% | |
| | 67,000 | | | LPL Financial Holdings, Inc. | | | 3,114,830 | |
| | 67,500 | | | MSCI, Inc. | | | 4,154,625 | |
| | 451,900 | | | Solar Cayman Ltd.*(1)(2)(3) | | | 31,633 | |
| | | | | | | | |
| | | | | | | 7,301,088 | |
| | | | | | | | |
| | | | Energy - 6.3% | |
| | 397,800 | | | Cobalt International Energy, Inc.* | | | 3,862,638 | |
| | 100,586 | | | Diamondback Energy, Inc.* | | | 7,582,172 | |
| | 44,349 | | | Energen Corp. | | | 3,029,037 | |
| | 73,500 | | | HollyFrontier Corp. | | | 3,137,715 | |
| | 129,700 | | | Laredo Petroleum, Inc.* | | | 1,631,626 | |
| | 134,800 | | | Newfield Exploration Co.* | | | 4,868,976 | |
| | 136,500 | | | QEP Resources, Inc. | | | 2,526,615 | |
| | 267,000 | | | Trican Well Service Ltd. | | | 887,150 | |
| | | | | | | | |
| | | | | | | 27,525,929 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 1.8% | |
| | 36,437 | | | Ebro Foods S.A. | | | 705,941 | |
| | 72,200 | | | Ingredion, Inc. | | | 5,762,282 | |
| | 366,015 | | | Treasury Wine Estates Ltd. | | | 1,405,614 | |
| | | | | | | | |
| | | | | | | 7,873,837 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 1.8% | |
| | 224,178 | | | Brookdale Senior Living, Inc.* | | | 7,778,977 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| Common Stocks - 98.5% - (continued) | |
| | | | Insurance - 8.7% | |
| | 87,110 | | | Argo Group International Holdings Ltd. | | $ | 4,852,027 | |
| | 185,300 | | | CNO Financial Group, Inc. | | | 3,400,255 | |
| | 64,800 | | | Hanover Insurance Group, Inc. | | | 4,797,144 | |
| | 95,032 | | | Reinsurance Group of America, Inc. | | | 9,015,686 | |
| | 257,426 | | | Unum Group | | | 9,202,979 | |
| | 191,600 | | | XL Group plc | | | 7,127,520 | |
| | | | | | | | |
| | | | | | | 38,395,611 | |
| | | | | | | | |
| | | | Materials - 9.6% | |
| | 73,100 | | | Bemis Co., Inc. | | | 3,290,231 | |
| | 123,900 | | | Cabot Corp. | | | 4,620,231 | |
| | 101,282 | | | Celanese Corp. Series A | | | 7,280,150 | |
| | 216,500 | | | Huntsman Corp. | | | 4,778,155 | |
| | 409,500 | | | Louisiana-Pacific Corp.* | | | 6,973,785 | |
| | 194,803 | | | Methanex Corp. | | | 10,842,735 | |
| | 37,600 | | | Packaging Corp. of America | | | 2,349,624 | |
| | 31,100 | | | Reliance Steel & Aluminum Co. | | | 1,880,928 | |
| | | | | | | | |
| | | | | | | 42,015,839 | |
| | | | | | | | |
| | | | Media - 2.0% | |
| | 33,300 | | | AMC Entertainment Holdings, Inc. Class A | | | 1,021,644 | |
| | 223,800 | | | Interpublic Group of Cos., Inc. | | | 4,312,626 | |
| | 148,100 | | | Quebecor, Inc. Class B | | | 3,701,907 | |
| | | | | | | | |
| | | | | | | 9,036,177 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 4.6% | |
| | 377,974 | | | Almirall S.A.* | | | 7,491,821 | |
| | 70,000 | | | Ono Pharmaceutical Co., Ltd. | | | 7,640,144 | |
| | 23,825 | | | UCB S.A. | | | 1,713,141 | |
| | 82,000 | | | WuXi PharmaTech Cayman, Inc. ADR* | | | 3,465,320 | |
| | | | | | | | |
| | | | | | | 20,310,426 | |
| | | | | | | | |
| | | | Real Estate - 7.9% | |
| | 141,219 | | | American Assets Trust, Inc. REIT | | | 5,537,197 | |
| | 208,200 | | | Blackstone Mortgage Trust, Inc. Class A REIT | | | 5,792,124 | |
| | 128,300 | | | Equity LifeStyle Properties, Inc. REIT | | | 6,746,014 | |
| | 100,100 | | | Extra Space Storage, Inc. REIT | | | 6,528,522 | |
| | 246,000 | | | Forest City Enterprises, Inc. Class A* | | | 5,436,600 | |
| | 40,700 | | | SL Green Realty Corp. REIT | | | 4,472,523 | |
| | | | | | | | |
| | | | | | | 34,512,980 | |
| | | | | | | | |
| | | | Retailing - 1.3% | |
| | 178,500 | | | DSW, Inc. Class A | | | 5,956,545 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 4.5% | |
| | 259,218 | | | Microsemi Corp.* | | | 9,059,669 | |
| | 92,088 | | | Qorvo, Inc.* | | | 7,391,904 | |
| | 40,100 | | | Synaptics, Inc.* | | | 3,478,073 | |
| | | | | | | | |
| | | | | | | 19,929,646 | |
| | | | | | | | |
| | | | Software & Services - 3.6% | |
| | 179,600 | | | Booz Allen Hamilton Holding Corp. | | | 4,533,104 | |
| | 34,200 | | | Check Point Software Technologies Ltd. ADR* | | | 2,720,610 | |
| | 138,455 | | | Verint Systems, Inc.* | | | 8,410,449 | |
| | | | | | | | |
| | | | | | | 15,664,163 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 3.5% | |
| | 221,000 | | | ARRIS Group, Inc.* | | | 6,762,600 | |
| | 151,526 | | | Arrow Electronics, Inc.* | | | 8,455,151 | |
| | | | | | | | |
| | | | | | | 15,217,751 | |
| | | | | | | | |
| | | | Utilities - 4.8% | |
| | 36,700 | | | Alliant Energy Corp. | | | 2,118,324 | |
| | 147,700 | | | Great Plains Energy, Inc. | | | 3,568,432 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford MidCap Value HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| Common Stocks - 98.5% - (continued) | |
| | | | Utilities - 4.8% - (continued) | |
| | 143,400 | | | Portland General Electric Co. | | $ | 4,755,144 | |
| | 207,419 | | | UGI Corp. | | | 7,145,585 | |
| | 103,100 | | | Westar Energy, Inc. | | | 3,528,082 | |
| | | | | | | | |
| | | | | | | 21,115,567 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $338,551,120) | | $ | 431,717,683 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $338,551,120) | | $ | 431,717,683 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 1.4% | |
| | | | Other Investment Pools & Funds - 1.4% | |
| | 6,438,822 | | | Federated Prime Obligations Fund | | $ | 6,438,822 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $6,438,822) | | $ | 6,438,822 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $344,989,942)^ | | | 99.9 | % | | $ | 438,156,505 | |
| | Other Assets and Liabilities | | | 0.1 | % | | | 264,383 | |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 438,420,888 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford MidCap Value HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $347,285,148 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 100,267,952 | |
Unrealized Depreciation | | | (9,396,595 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 90,871,357 | |
| | | | |
| (1) | This security is valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of this security was $31,633, which represents 0.0% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| (2) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, this holding is determined to be liquid. At June 30, 2015, the aggregate value of this security was $31,633, which represents 0.0% of total net assets. |
| (3) | The following security is considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
03/2007 | | | 451,900 | | | Solar Cayman Ltd. | | $ | 132,446 | |
At June 30, 2015, the aggregate value of these securities were $31,633, which represents 0.0% of total net assets.
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
|
| Hartford MidCap Value HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 3,066,255 | | | $ | 3,066,255 | | | $ | — | | | $ | — | |
Banks | | | 46,763,096 | | | | 46,763,096 | | | | — | | | | — | |
Capital Goods | | | 64,314,514 | | | | 57,829,922 | | | | 6,484,592 | | | | — | |
Consumer Durables & Apparel | | | 37,141,260 | | | | 32,934,546 | | | | 4,206,714 | | | | — | |
Consumer Services | | | 7,798,022 | | | | 7,798,022 | | | | — | | | | — | |
Diversified Financials | | | 7,301,088 | | | | 7,269,455 | | | | — | | | | 31,633 | |
Energy | | | 27,525,929 | | | | 27,525,929 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 7,873,837 | | | | 5,762,282 | | | | 2,111,555 | | | | — | |
Health Care Equipment & Services | | | 7,778,977 | | | | 7,778,977 | | | | — | | | | — | |
Insurance | | | 38,395,611 | | | | 38,395,611 | | | | — | | | | — | |
Materials | | | 42,015,839 | | | | 42,015,839 | | | | — | | | | — | |
Media | | | 9,036,177 | | | | 9,036,177 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 20,310,426 | | | | 3,465,320 | | | | 16,845,106 | | | | — | |
Real Estate | | | 34,512,980 | | | | 34,512,980 | | | | — | | | | — | |
Retailing | | | 5,956,545 | | | | 5,956,545 | | | | — | | | | — | |
Semiconductors & Semiconductor Equipment | | | 19,929,646 | | | | 19,929,646 | | | | — | | | | — | |
Software & Services | | | 15,664,163 | | | | 15,664,163 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 15,217,751 | | | | 15,217,751 | | | | — | | | | — | |
Utilities | | | 21,115,567 | | | | 21,115,567 | | | | — | | | | — | |
Short-Term Investments | | | 6,438,822 | | | | 6,438,822 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 438,156,505 | | | $ | 408,476,905 | | | $ | 29,647,967 | | | $ | 31,633 | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Common Stocks | | | Total | |
Beginning balance | | $ | 31,633 | | | $ | 31,633 | |
Purchases | | | — | | | | — | |
Sales | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | — | | | | — | |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | |
| | | | | | | | |
Ending balance | | $ | 31,633 | | | $ | 31,633 | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $(0).
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small Company HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 93.7% | |
| | | | Automobiles & Components - 0.5% | |
| | 5,169 | | | Dana Holding Corp. | | $ | 106,378 | |
| | 109,662 | | | Gentherm, Inc.* | | | 6,021,540 | |
| | 5,852 | | | Standard Motor Products, Inc. | | | 205,522 | |
| | 11,468 | | | Tenneco Automotive, Inc.* | | | 658,722 | |
| | 622 | | | Tesla Motors, Inc.* | | | 166,858 | |
| | 15,900 | | | Winnebago Industries, Inc. | | | 375,081 | |
| | | | | | | | |
| | | | | | | 7,534,101 | |
| | | | | | | | |
| | | | Banks - 2.9% | |
| | 708,852 | | | Associated Banc-Corp | | | 14,368,430 | |
| | 5,874 | | | Bank of Marin Bancorp | | | 298,810 | |
| | 26,270 | | | Blue Hills Bancorp, Inc.* | | | 367,780 | |
| | 446,840 | | | EverBank Financial Corp. | | | 8,780,406 | |
| | 2,800 | | | FCB Financial Holdings, Inc. Class A* | | | 89,040 | |
| | 19,766 | | | First Merchants Corp. | | | 488,220 | |
| | 22,164 | | | Flushing Financial Corp. | | | 465,666 | |
| | 9,833 | | | Great Western Bancorp, Inc. | | | 237,074 | |
| | 16,021 | | | Heritage Financial Corp. of Washington | | | 286,295 | |
| | 35,351 | | | MGIC Investment Corp.* | | | 402,294 | |
| | 321,211 | | | PrivateBancorp, Inc. | | | 12,790,622 | |
| | 7,550 | | | Sandy Spring Bancorp, Inc. | | | 211,249 | |
| | 13,548 | | | TriCo Bancshares | | | 325,829 | |
| | 110,373 | | | United Community Banks, Inc. | | | 2,303,485 | |
| | 5,568 | | | Wintrust Financial Corp. | | | 297,220 | |
| | 11,969 | | | WSFS Financial Corp. | | | 327,352 | |
| | | | | | | | |
| | | | | | | 42,039,772 | |
| | | | | | | | |
| | | | Capital Goods - 9.9% | |
| | 6,171 | | | A.O. Smith Corp. | | | 444,189 | |
| | 15,511 | | | AAON, Inc. | | | 349,308 | |
| | 86,596 | | | Acuity Brands, Inc. | | | 15,585,548 | |
| | 460,054 | | | Advanced Drainage Systems, Inc. | | | 13,493,384 | |
| | 314,805 | | | AECOM* | | | 10,413,749 | |
| | 4,599 | | | Alamo Group, Inc. | | | 251,289 | |
| | 359,798 | | | Altra Industrial Motion Corp. | | | 9,779,310 | |
| | 110,335 | | | Applied Industrial Technologies, Inc. | | | 4,374,783 | |
| | 97,238 | | | Astronics Corp.* | | | 6,893,202 | |
| | 1,790 | | | Astronics Corp. Class B* | | | 126,195 | |
| | 8,275 | | | AZZ, Inc. | | | 428,645 | |
| | 11,812 | | | CAI International, Inc.* | | | 243,209 | |
| | 1,777 | | | Carlisle Cos., Inc. | | | 177,913 | |
| | 4,937 | | | Crane Co. | | | 289,950 | |
| | 419,982 | | | DigitalGlobe, Inc.* | | | 11,671,300 | |
| | 6,206 | | | EMCOR Group, Inc. | | | 296,461 | |
| | 3,339 | | | Esterline Technologies Corp.* | | | 318,340 | |
| | 381,382 | | | Generac Holdings, Inc.* | | | 15,159,934 | |
| | 15,609 | | | H & E Equipment Services, Inc. | | | 311,712 | |
| | 430,154 | | | HD Supply Holdings, Inc.* | | | 15,132,818 | |
| | 10,550 | | | Heico Corp. Class A | | | 535,623 | |
| | 17,257 | | | Insteel Industries, Inc. | | | 322,706 | |
| | 5,537 | | | Lennox International, Inc. | | | 596,279 | |
| | 26,222 | | | Luxfer Holdings plc ADR | | | 340,886 | |
| | 10,430 | | | Lydall, Inc.* | | | 308,311 | |
| | 328,163 | | | Masonite International Corp.* | | | 23,007,508 | |
| | 6,475 | | | Moog, Inc. Class A* | | | 457,653 | |
| | 17,500 | | | NN, Inc. | | | 446,600 | |
| | 31,743 | | | Teledyne Technologies, Inc.* | | | 3,349,204 | |
| | 9,512 | | | Textainer Group Holdings Ltd. | | | 247,407 | |
| | 29,672 | | | Titan International, Inc. | | | 318,677 | |
| | 7,224 | | | Toro Co. | | | 489,643 | |
| | 162,711 | | | Watts Water Technologies, Inc. Class A | | | 8,436,565 | |
| | | | | | | | |
| | | | | | | 144,598,301 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 93.7% - (continued) | |
| | | | Commercial & Professional Services - 1.5% | |
| | 14,013 | | | Advisory Board Co.* | | $ | 766,091 | |
| | 34,579 | | | CECO Environmental Corp. | | | 391,780 | |
| | 7,628 | | | Deluxe Corp. | | | 472,936 | |
| | 13,120 | | | Exponent, Inc. | | | 587,513 | |
| | 3,400 | | | Franklin Covey Co.* | | | 68,986 | |
| | 10,982 | | | Gategroup Holding AG | | | 346,637 | |
| | 11,974 | | | GP Strategies Corp.* | | | 398,016 | |
| | 23,491 | | | Heritage Crystal Clean, Inc.* | | | 345,318 | |
| | 11,945 | | | On Assignment, Inc.* | | | 469,200 | |
| | 416,348 | | | TriNet Group, Inc.* | | | 10,554,422 | |
| | 179,903 | | | WageWorks, Inc.* | | | 7,277,076 | |
| | | | | | | | |
| | | | | | | 21,677,975 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 5.0% | |
| | 9,889 | | | Arctic Cat, Inc. | | | 328,414 | |
| | 533,634 | | | Crocs, Inc.* | | | 7,849,756 | |
| | 7,252 | | | G-III Apparel Group Ltd.* | | | 510,178 | |
| | 300,043 | | | GoPro, Inc. Class A* | | | 15,818,267 | |
| | 9,443 | | | iRobot Corp.* | | | 301,043 | |
| | 375,850 | | | Kate Spade & Co.* | | | 8,095,809 | |
| | 12,545 | | | M/I Schottenstein Homes, Inc.* | | | 309,485 | |
| | 21,787 | | | New Home Co., Inc.* | | | 375,390 | |
| | 6,077 | | | Oxford Industries, Inc. | | | 531,434 | |
| | 2,513,980 | | | Samsonite International S.A. | | | 8,679,702 | |
| | 107,476 | | | Skechers USA, Inc. Class A* | | | 11,799,790 | |
| | 403,035 | | | Steven Madden Ltd.* | | | 17,241,837 | |
| | 13,395 | | | Taylor Morrison Home Corp. Class A* | | | 272,722 | |
| | 23,701 | | | Vince Holding Corp.* | | | 283,938 | |
| | 7,320 | | | Vista Outdoor, Inc.* | | | 328,668 | |
| | 5,629 | | | William Lyon Homes Class A* | | | 144,497 | |
| | | | | | | | |
| | | | | | | 72,870,930 | |
| | | | | | | | |
| | | | Consumer Services - 5.6% | |
| | 32,783 | | | Bloomin’ Brands, Inc. | | | 699,917 | |
| | 8,253 | | | Brinker International, Inc. | | | 475,785 | |
| | 38,789 | | | Buffalo Wild Wings, Inc.* | | | 6,077,848 | |
| | 368,862 | | | ClubCorp Holdings, Inc. | | | 8,808,425 | |
| | 37,706 | | | Del Frisco’s Restaurant Group, Inc.* | | | 702,463 | |
| | 825,963 | | | Diamond Resorts International, Inc.* | | | 26,059,133 | |
| | 151,570 | | | Jack in the Box, Inc. | | | 13,362,411 | |
| | 27,777 | | | La Quinta Holdings, Inc.* | | | 634,705 | |
| | 7,105 | | | Marriott Vacations Worldwide Corp. | | | 651,884 | |
| | 53,572 | | | Panera Bread Co. Class A* | | | 9,362,778 | |
| | 3,141 | | | Red Robin Gourmet Burgers, Inc.* | | | 269,561 | |
| | 23,026 | | | Ruth’s Hospitality Group, Inc. | | | 371,179 | |
| | 355,791 | | | Texas Roadhouse, Inc. | | | 13,317,257 | |
| | 4,900 | | | Wingstop, Inc.* | | | 139,160 | |
| | | | | | | | |
| | | | | | | 80,932,506 | |
| | | | | | | | |
| | | | Diversified Financials - 3.2% | |
| | 13,069 | | | Alaris Royalty Corp. | | | 319,034 | |
| | 7,875 | | | Evercore Partners, Inc. Class A | | | 424,935 | |
| | 143,592 | | | Financial Engines, Inc. | | | 6,099,788 | |
| | 331,519 | | | HFF, Inc. Class A | | | 13,834,288 | |
| | 118,598 | | | MarketAxess Holdings, Inc. | | | 11,002,336 | |
| | 229,741 | | | Platform Specialty Products Corp.* | | | 5,876,775 | |
| | 23,285 | | | Regional Management Corp.* | | | 415,870 | |
| | 1,529 | | | Westwood Holdings Group, Inc. | | | 91,083 | |
| | 367,378 | | | Wisdomtree Investments, Inc. | | | 8,069,458 | |
| | | | | | | | |
| | | | | | | 46,133,567 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small Company HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 93.7% - (continued) | |
| | | | Energy - 1.9% | |
| | 101,336 | | | Abraxas Petroleum Corp.* | | $ | 298,941 | |
| | 9,000 | | | Aspen Aerogels, Inc.* | | | 59,580 | |
| | 29,929 | | | Bill Barrett Corp.* | | | 257,090 | |
| | 129,036 | | | Diamondback Energy, Inc.* | | | 9,726,734 | |
| | 9,660 | | | Forum Energy Technologies, Inc.* | | | 195,905 | |
| | 16,810 | | | Hornbeck Offshore Services, Inc.* | | | 345,109 | |
| | 153,027 | | | Karoon Gas Australia Ltd.* | | | 265,447 | |
| | 588,240 | | | RSP Permian, Inc.* | | | 16,535,427 | |
| | 29,742 | | | Superior Drilling Products I* | | | 82,088 | |
| | 18,765 | | | Synergy Resources Corp.* | | | 214,484 | |
| | | | | | | | |
| | | | | | | 27,980,805 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 0.1% | |
| | 9,236 | | | Casey’s General Stores, Inc. | | | 884,254 | |
| | 18,608 | | | Natural Grocers by Vitamin Cottage, Inc.* | | | 458,129 | |
| | 6,482 | | | PriceSmart, Inc. | �� | | 591,418 | |
| | | | | | | | |
| | | | | | | 1,933,801 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 1.7% | |
| | 18,690 | | | Darling Ingredients, Inc.* | | | 273,995 | |
| | 392,629 | | | Freshpet, Inc.* | | | 7,302,900 | |
| | 356,620 | | | Nomad Holdings Ltd.* | | | 7,756,485 | |
| | 8,042 | | | Post Holdings, Inc.* | | | 433,705 | |
| | 774,837 | | | SunOpta, Inc.* | | | 8,314,001 | |
| | 8,807 | | | TreeHouse Foods, Inc.* | | | 713,631 | |
| | | | | | | | |
| | | | | | | 24,794,717 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 11.2% | |
| | 274,525 | | | Acadia Healthcare Co., Inc.* | | | 21,503,543 | |
| | 12,072 | | | Aceto Corp. | | | 297,333 | |
| | 78,003 | | | Adeptus Health, Inc. Class A* | | | 7,409,505 | |
| | 9,529 | | | Anika Therapeutics, Inc.* | | | 314,743 | |
| | 1,128 | | | Atrion Corp. | | | 442,526 | |
| | 170,384 | | | Cardiovascular Systems, Inc.* | | | 4,506,657 | |
| | 5,394 | | | Cyberonics, Inc.* | | | 320,727 | |
| | 9,730 | | | Cynosure, Inc. Class A* | | | 375,383 | |
| | 313,759 | | | DexCom, Inc.* | | | 25,094,445 | |
| | 12,800 | | | EndoChoice Holdings, Inc.* | | | 209,280 | |
| | 568,463 | | | Endologix, Inc.* | | | 8,720,223 | |
| | 7,215 | | | Ensign Group, Inc. | | | 368,398 | |
| | 370,821 | | | Envision Healthcare Holdings, Inc.* | | | 14,640,013 | |
| | 34,404 | | | Globus Medical, Inc. Class A* | | | 883,151 | |
| | 16,705 | | | HealthSouth Corp. | | | 769,432 | |
| | 193,678 | | | HeartWare International, Inc.* | | | 14,078,454 | |
| | 5,553 | | | ICU Medical, Inc.* | | | 531,200 | |
| | 625,059 | | | Insulet Corp.* | | | 19,367,453 | |
| | 334,467 | | | LDR Holding Corp.* | | | 14,465,698 | |
| | 47,000 | | | LifePoint Hospitals, Inc.* | | | 4,086,650 | |
| | 3,648 | | | MEDNAX, Inc.* | | | 270,353 | |
| | 13,881 | | | Omnicell, Inc.* | | | 523,453 | |
| | 10,591 | | | Team Health Holdings, Inc.* | | | 691,910 | |
| | 9,800 | | | Teladoc, Inc.*(1) | | | 186,200 | |
| | 10,489 | | | U.S. Physical Therapy, Inc. | | | 574,378 | |
| | 16,370 | | | Vascular Solutions, Inc.* | | | 568,366 | |
| | 740,503 | | | Veeva Systems, Inc. Class A* | | | 20,756,299 | |
| | 5,886 | | | WellCare Health Plans, Inc.* | | | 499,309 | |
| | | | | | | | |
| | | | | | | 162,455,082 | |
| | | | | | | | |
| | | | Insurance - 1.0% | |
| | 11,633 | | | AMERISAFE, Inc. | | | 547,449 | |
| | 413,276 | | | Assured Guaranty Ltd. | | | 9,914,491 | |
| | 115,478 | | | First American Financial Corp. | | | 4,296,936 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 93.7% - (continued) | |
| | | | Insurance - 1.0% - (continued) | |
| | 22,597 | | | James River Group Holdings Ltd. | | $ | 584,585 | |
| | | | | | | | |
| | | | | | | 15,343,461 | |
| | | | | | | | |
| | | | Materials - 3.4% | |
| | 10,680 | | | Advanced Emissions Solutions, Inc.* | | | 138,840 | |
| | 13,366 | | | Boise Cascade Co.* | | | 490,265 | |
| | 4,179 | | | Cabot Corp. | | | 155,835 | |
| | 1,002,707 | | | Graphic Packaging Holding Co. | | | 13,967,709 | |
| | 1,313,690 | | | Headwaters, Inc.* | | | 23,935,432 | |
| | 374,184 | | | KapStone Paper & Packaging Corp. | | | 8,651,134 | |
| | 20,380 | | | Myers Industries, Inc. | | | 387,220 | |
| | 39,933 | | | OMNOVA Solutions, Inc.* | | | 299,098 | |
| | 16,651 | | | Orion Engineered Carbons S.A. | | | 307,377 | |
| | 15,925 | | | PolyOne Corp. | | | 623,782 | |
| | 8,341 | | | Silgan Holdings, Inc. | | | 440,071 | |
| | | | | | | | |
| | | | | | | 49,396,763 | |
| | | | | | | | |
| | | | Media - 1.6% | |
| | 567,460 | | | IMAX Corp.* | | | 22,851,614 | |
| | | | | | | | |
| |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 11.0% | |
| | 446,223 | | | Achillion Pharmaceuticals, Inc.* | | | 3,953,536 | |
| | 11,350 | | | Acorda Therapeutics, Inc.* | | | 378,295 | |
| | 224,096 | | | Aerie Pharmaceuticals, Inc.* | | | 3,955,294 | |
| | 83,054 | | | Agios Pharmaceuticals, Inc.* | | | 9,230,622 | |
| | 16,010 | | | Albany Molecular Research, Inc.* | | | 323,722 | |
| | 7,357 | | | Alkermes plc* | | | 473,349 | |
| | 49,629 | | | Alnylam Pharmaceuticals, Inc.* | | | 5,949,028 | |
| | 21,410 | | | Amicus Therapeutics, Inc.* | | | 302,952 | |
| | 209,063 | | | Anacor Pharmaceuticals, Inc.* | | | 16,187,748 | |
| | 74,665 | | | Arena Pharmaceuticals, Inc.* | | | 346,446 | |
| | 585,499 | | | BioCryst Pharmaceuticals, Inc.* | | | 8,741,500 | |
| | 32,300 | | | Cara Therapeutics, Inc.* | | | 392,445 | |
| | 124,900 | | | Cepheid* | | | 7,637,635 | |
| | 25,338 | | | Dicerna Pharmaceuticals, Inc.* | | | 353,465 | |
| | 12,219 | | | Five Prime Therapeutics, Inc.* | | | 303,520 | |
| | 3,834 | | | Flexion Therapeutics, Inc.* | | | 83,926 | |
| | 12,534 | | | GlycoMimetics, Inc.* | | | 99,645 | |
| | 257,636 | | | Intersect ENT, Inc.* | | | 7,376,119 | |
| | 403,013 | | | Ironwood Pharmaceuticals, Inc.* | | | 4,860,337 | |
| | 18,560 | | | KemPharm, Inc.* | | | 340,947 | |
| | 5,706 | | | KYTHERA Biopharmaceuticals, Inc.* | | | 429,719 | |
| | 15,740 | | | Medicines Co.* | | | 450,321 | |
| | 896,136 | | | Novavax, Inc.* | | | 9,982,955 | |
| | 232,919 | | | Otonomy, Inc.* | | | 5,354,808 | |
| | 9,183 | | | PAREXEL International Corp.* | | | 590,559 | |
| | 344,681 | | | Portola Pharmaceuticals, Inc.* | | | 15,700,220 | |
| | 200,318 | | | PTC Therapeutics, Inc.* | | | 9,641,305 | |
| | 2,188 | | | Puma Biotechnology, Inc.* | | | 255,449 | |
| | 296,453 | | | Regulus Therapeutics, Inc.* | | | 3,249,125 | |
| | 226,869 | | | Relypsa, Inc.* | | | 7,507,095 | |
| | 226,908 | | | TESARO, Inc.* | | | 13,339,921 | |
| | 214,820 | | | Tetraphase Pharmaceuticals, Inc.* | | | 10,191,061 | |
| | 39,899 | | | Trevana, Inc.* | | | 249,768 | |
| | 99,453 | | | Ultragenyx Pharmaceutical, Inc.* | | | 10,182,993 | |
| | 89,188 | | | XenoPort, Inc.* | | | 546,722 | |
| | 19,047 | | | Zafgen, Inc.* | | | 659,598 | |
| | | | | | | | |
| | | | | | | 159,622,150 | |
| | | | | | | | |
| | | | Real Estate - 2.6% | |
| | 46,738 | | | Arbor Realty Trust, Inc. REIT | | | 315,949 | |
| | 22,774 | | | Armada Hoffler Properties, Inc. REIT | | | 227,512 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small Company HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 93.7% - (continued) | |
| | | | Real Estate - 2.6% - (continued) | |
| | 21,503 | | | CareTrust, Inc. REIT | | $ | 272,443 | |
| | 9,618 | | | Coresite Realty Corp. REIT | | | 437,042 | |
| | 15,520 | | | Easterly Government Properties, Inc. REIT | | | 247,078 | |
| | 386,831 | | | Hannon Armstrong Sustainable Infrastructure Capital, Inc. REIT | | | 7,755,962 | |
| | 599,527 | | | Kennedy-Wilson Holdings, Inc. | | | 14,742,369 | |
| | 19,097 | | | Medical Properties Trust, Inc. REIT | | | 250,362 | |
| | 292,177 | | | Pebblebrook Hotel Trust REIT | | | 12,528,550 | |
| | 17,675 | | | STAG Industrial, Inc. REIT | | | 353,500 | |
| | 21,253 | | | Summit Hotel Properties, Inc. REIT | | | 276,501 | |
| | 30,644 | | | Sunstone Hotel Investors, Inc. REIT | | | 459,966 | |
| | | | | | | | |
| | | | | | | 37,867,234 | |
| | | | | | | | |
| | | | Retailing - 3.3% | |
| | 5,016,400 | | | Allstar Co.*(1)(2) | | | 5,267,220 | |
| | 13,049 | | | Burlington Stores, Inc.* | | | 668,109 | |
| | 9,185 | | | Core-Mark Holding Co., Inc. | | | 544,211 | |
| | 288,098 | | | CST Brands, Inc. | | | 11,253,108 | |
| | 16,128 | | | DSW, Inc. Class A | | | 538,191 | |
| | 15,275 | | | Five Below, Inc.* | | | 603,821 | |
| | 147,183 | | | HSN, Inc. | | | 10,330,775 | |
| | 14,908 | | | Party City Holdco, Inc.* | | | 302,185 | |
| | 23,088 | | | Pier 1 Imports, Inc. | | | 291,602 | |
| | 358,270 | | | Rent-A-Center, Inc. | | | 10,156,955 | |
| | 10,721 | | | Shoe Carnival, Inc. | | | 309,408 | |
| | 599,111 | | | Tuesday Morning Corp.* | | | 6,748,985 | |
| | 9,574 | | | Wayfair, Inc. Class A* | | | 360,365 | |
| | 14,193 | | | zulily, Inc. Class A* | | | 185,077 | |
| | | | | | | | |
| | | | | | | 47,560,012 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 4.7% | |
| | 65,103 | | | Ambarella, Inc.* | | | 6,685,427 | |
| | 343,787 | | | Entegris, Inc.* | | | 5,008,977 | |
| | 42,955 | | | Exar Corp.* | | | 420,100 | |
| | 441,144 | | | Inphi Corp.* | | | 10,084,552 | |
| | 337,300 | | | Mellanox Technologies Ltd.* | | | 16,389,407 | |
| | 9,070 | | | MKS Instruments, Inc. | | | 344,116 | |
| | 13,882 | | | Power Integrations, Inc. | | | 627,189 | |
| | 6,029 | | | Qorvo, Inc.* | | | 483,948 | |
| | 21,484 | | | Rambus, Inc.* | | | 311,303 | |
| | 355,631 | | | SunEdison Semiconductor Ltd.* | | | 6,141,747 | |
| | 407,227 | | | SunEdison, Inc.* | | | 12,180,159 | |
| | 352,411 | | | SunPower Corp.* | | | 10,011,996 | |
| | | | | | | | |
| | | | | | | 68,688,921 | |
| | | | | | | | |
| | | | Software & Services - 16.0% | |
| | 212,943 | | | Apigee Corp.* | | | 2,114,524 | |
| | 12,965 | | | Aspen Technology, Inc.* | | | 590,556 | |
| | 3,597 | | | CACI International, Inc. Class A* | | | 290,961 | |
| | 9,140 | | | Cardtronics, Inc.* | | | 338,637 | |
| | 8,511 | | | Cass Information Systems, Inc. | | | 478,488 | |
| | 10,538 | | | comScore, Inc.* | | | 561,254 | |
| | 122,691 | | | Constant Contact, Inc.* | | | 3,528,593 | |
| | 120,679 | | | CoStar Group, Inc.* | | | 24,287,856 | |
| | 10,094 | | | CSG Systems International, Inc. | | | 319,576 | |
| | 116,271 | | | Demandware, Inc.* | | | 8,264,543 | |
| | 5,570 | | | Ellie Mae, Inc.* | | | 388,730 | |
| | 160,839 | | | Envestnet, Inc.* | | | 6,502,721 | |
| | 6,310 | | | EPAM Systems, Inc.* | | | 449,461 | |
| | 47,590 | | | ePlus, Inc.* | | | 3,647,774 | |
| | 23,739 | | | Everyday Health, Inc.* | | | 303,384 | |
| | 25,407 | | | Exlservice Holdings, Inc.* | | | 878,574 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 93.7% - (continued) | |
| | | | Software & Services - 16.0% - (continued) | |
| | 77,974 | | | Fair Isaac Corp. | | $ | 7,078,480 | |
| | 41,568 | | | Five9, Inc.* | | | 217,401 | |
| | 244,262 | | | Fleetmatics Group Ltd.* | | | 11,438,789 | |
| | 48,823 | | | Global Cash Access, Inc.* | | | 377,890 | |
| | 161,391 | | | Heartland Payment Systems, Inc. | | | 8,723,184 | |
| | 329,630 | | | HubSpot, Inc.* | | | 16,343,055 | |
| | 12,146 | | | j2 Global, Inc. | | | 825,199 | |
| | 9,715 | | | Manhattan Associates, Inc.* | | | 579,500 | |
| | 58,528 | | | Marchex, Inc. Class B | | | 289,714 | |
| | 283,118 | | | Marketo, Inc.* | | | 7,944,291 | |
| | 193,113 | | | MAXIMUS, Inc. | | | 12,693,317 | |
| | 23,183 | | | Model N, Inc.* | | | 276,110 | |
| | 12,418 | | | NetScout Systems, Inc.* | | | 455,368 | |
| | 12,755 | | | Nuance Communications, Inc.* | | | 223,340 | |
| | 20,265 | | | Perficient, Inc.* | | | 389,899 | |
| | 16,281 | | | PTC, Inc.* | | | 667,847 | |
| | 10,433 | | | Q2 Holdings, Inc.* | | | 294,732 | |
| | 7,827 | | | Qualys, Inc.* | | | 315,819 | |
| | 36,687 | | | Sapiens International Corp. N.V. | | | 380,811 | |
| | 249,875 | | | Shutterstock, Inc.* | | | 14,652,670 | |
| | 22,755 | | | Silver Spring Networks, Inc.* | | | 282,390 | |
| | 6,555 | | | Solera Holdings, Inc. | | | 292,091 | |
| | 30,917 | | | Tangoe, Inc.* | | | 388,936 | |
| | 1,069,389 | | | Telogis, Inc.(1)(2) | | | 1,857,529 | |
| | 8,712 | | | Textura Corp.* | | | 242,455 | |
| | 134,943 | | | Tyler Technologies Corp.* | | | 17,458,925 | |
| | 234,418 | | | Verint Systems, Inc.* | | | 14,239,721 | |
| | 330,447 | | | Virtusa Corp.* | | | 16,984,976 | |
| | 9,305 | | | WebMD Health Corp.* | | | 412,025 | |
| | 111,219 | | | WEX, Inc.* | | | 12,675,629 | |
| | 762,453 | | | WNS Holdings Ltd. ADR* | | | 20,395,618 | |
| | 121,710 | | | Zillow Group, Inc. Class A* | | | 10,557,125 | |
| | 40,401 | | | Zix Corp.* | | | 208,873 | |
| | | | | | | | |
| | | | | | | 233,109,341 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 3.4% | |
| | 182,244 | | | Arista Networks, Inc.* | | | 14,896,625 | |
| | 19,636 | | | CalAmp Corp.* | | | 358,553 | |
| | 9,279 | | | CDW Corp. of Delaware | | | 318,084 | |
| | 298,156 | | | Ciena Corp.* | | | 7,060,334 | |
| | 345,185 | | | Cognex Corp. | | | 16,603,398 | |
| | 11,244 | | | Control4 Corp.* | | | 99,959 | |
| | 3,374 | | | FEI Co. | | | 279,806 | |
| | 50,571 | | | Mitel Networks Corp.* | | | 446,542 | |
| | 16,200 | | | Newport Corp.* | | | 307,152 | |
| | 275,688 | | | Nimble Storage, Inc.* | | | 7,735,805 | |
| | 180,624 | | | ParkerVision, Inc.* | | | 67,752 | |
| | 13,040 | | | Radware Ltd.* | | | 289,488 | |
| | 6,540 | | | Rogers Corp.* | | | 432,556 | |
| | 17,331 | | | Sonus Networks, Inc.* | | | 119,931 | |
| | | | | | | | |
| | | | | | | 49,015,985 | |
| | | | | | | | |
| | | | Telecommunication Services - 0.0% | |
| | 24,600 | | | Vonage Holdings Corp.* | | | 120,786 | |
| | | | | | | | |
| |
| | | | Transportation - 3.1% | |
| | 25,323 | | | Celadon Group, Inc. | | | 523,680 | |
| | 325,418 | | | Landstar System, Inc. | | | 21,760,702 | |
| | 10,733 | | | Marten Transport Ltd. | | | 232,906 | |
| | 6,663 | | | Park-Ohio Holdings Corp. | | | 322,889 | |
| | 653,764 | | | Swift Transportation Co.* | | | 14,820,830 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small Company HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 93.7% - (continued) | |
| | | | Transportation - 3.1% - (continued) | |
| | 158,107 | | | XPO Logistics, Inc.* | | $ | 7,143,274 | |
| | | | | | | | |
| | | | | | | 44,804,281 | |
| | | | | | | | |
| | | | Utilities - 0.1% | |
| | 5,502 | | | ALLETE, Inc. | | | 255,238 | |
| | 9,558 | | | Pattern Energy Group, Inc. | | | 271,256 | |
| | 18,500 | | | Spark Energy, Inc. Class A | | | 291,560 | |
| | | | | | | | |
| | | | | | | 818,054 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $1,200,005,338) | | $ | 1,362,150,159 | |
| | | | | | | | |
|
| PREFERRED STOCKS - 2.9% | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 0.0% | |
| | 92,420 | | | Sancilio & Co., Inc.(1)(2) | | $ | 561,914 | |
| | | | | | | | |
| |
| | | | Retailing - 0.5% | |
| | 104,986 | | | Tory Burch LLC*(1)(2) | | | 6,722,762 | |
| | | | | | | | |
| |
| | | | Software & Services - 2.0% | |
| | 190,094 | | | Apigee Corp. PIPE(1)(2) | | | 1,769,132 | |
| | 169,989 | | | Cloudera, Inc.(1)(2) | | | 5,048,673 | |
| | 410,300 | | | MarkLogic Corp. Series F(1)(2) | | | 4,288,776 | |
| | 206,888 | | | Nutanix, Inc.(1)(2) | | | 3,887,425 | |
| | 1,456,330 | | | Telogis, Inc.(1)(2) | | | 5,819,495 | |
| | 157,023 | | | Veracode, Inc.(1)(2) | | | 4,814,325 | |
| | 1,026,132 | | | Zuora, Inc. Series F(1)(2) | | | 3,508,725 | |
| | | | | | | | |
| | | | | | | 29,136,551 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 0.2% | |
| | 197,006 | | | Pure Storage, Inc.*(1)(2) | | | 3,423,964 | |
| | | | | | | | |
| |
| | | | Telecommunication Services - 0.2% | |
| | 6,478 | | | DocuSign, Inc. Series B(1)(2) | | | 111,317 | |
| | 1,940 | | | DocuSign, Inc. Series B-1(1)(2) | | | 33,337 | |
| | 4,655 | | | DocuSign, Inc. Series D(1)(2) | | | 79,990 | |
| | 120,393 | | | DocuSign, Inc. Series E(1)(2) | | | 2,068,808 | |
| | 21,928 | | | DocuSign, Inc. Series F(1)(2) | | | 376,806 | |
| | | | | | | | |
| | | | | | | 2,670,258 | |
| | | | | | | | |
| | |
| | | | Total Preferred Stocks
(cost $37,918,822) | | $ | 42,515,449 | |
| | | | | | | | |
|
| CONVERTIBLE PREFERRED STOCKS - 0.0% | |
| | | | Capital Goods - 0.0% | |
| | 1,993 | | | William Lyon Homes, Inc., 6.50% | | $ | 252,364 | |
| | | | | | | | |
| | |
| | | | Total Convertible Preferred Stocks
(cost $231,432) | | $ | 252,364 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| WARRANTS - 1.0% | |
| | | | Diversified Financials - 1.0% | |
| | 569,900 | | | Platform Specialty Products Corp.* | | $ | 14,578,042 | |
| | | | | | | | |
| | |
| | | | Total Warrants
(cost $10,828,100) | | $ | 14,578,042 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $1,248,983,692) | | $ | 1,419,496,014 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 3.2% | |
| | | | Other Investment Pools & Funds - 3.2% | |
| | 46,323,083 | | | BlackRock Liquidity Funds TempFund Portfolio | | $ | 46,323,083 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $46,323,083) | | $ | 46,323,083 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $1,295,306,775)^ | | | 100.8 | % | | $ | 1,465,819,097 | |
| | Other Assets and Liabilities | | | (0.8 | )% | | | (11,475,258 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 1,454,343,839 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small Company HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $1,300,728,926 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 221,540,636 | |
Unrealized Depreciation | | | (56,450,465 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 165,090,171 | |
| | | | |
| (1) | These securities are valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of these securities was $49,826,398, which represents 3.4% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| (2) | The following securities are considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
08/2011 | | | 5,016,400 | | | Allstar Co. | | $ | 2,182,229 | |
04/2014 | | | 190,094 | | | Apigee Corp. PIPE Preferred | | | 4,056,092 | |
02/2014 | | | 169,989 | | | Cloudera, Inc. Preferred | | | 2,475,040 | |
02/2014 | | | 6,478 | | | DocuSign, Inc. Series B Preferred | | | 85,072 | |
02/2014 | | | 1,940 | | | DocuSign, Inc. Series B-1 Preferred | | | 25,477 | |
02/2014 | | | 4,655 | | | DocuSign, Inc. Series D Preferred | | | 61,131 | |
02/2014 | | | 120,393 | | | DocuSign, Inc. Series E Preferred | | | 1,581,049 | |
04/2015 | | | 21,928 | | | DocuSign, Inc. Series F Preferred | | | 418,673 | |
04/2015 | | | 410,300 | | | MarkLogic Corp. Series F Preferred | | | 4,765,306 | |
08/2014 | | | 206,888 | | | Nutanix, Inc. Preferred | | | 2,771,575 | |
04/2014 | | | 197,006 | | | Pure Storage, Inc. Preferred | | | 3,098,097 | |
05/2014 | | | 92,420 | | | Sancilio & Co., Inc. Preferred | | | 349,066 | |
09/2013 | | | 1,069,389 | | | Telogis, Inc. | | | 2,118,567 | |
09/2013 | | | 1,456,330 | | | Telogis, Inc. Preferred | | | 3,205,674 | |
11/2013 | | | 104,986 | | | Tory Burch LLC Preferred | | | 8,228,416 | |
08/2014 | | | 157,023 | | | Veracode, Inc. Preferred | | | 2,899,571 | |
01/2015 | | | 1,026,132 | | | Zuora, Inc. Series F Preferred | | | 3,898,583 | |
| | | | | | | | | | |
| | | | | | | | $ | 42,219,618 | |
| | | | | | | | | | |
At June 30, 2015, the aggregate value of these securities were $49,640,198, which represents 3.4% of total net assets.
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
PIPE | | Private Investment in Public Equity |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small Company HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 7,534,101 | | | $ | 7,534,101 | | | $ | — | | | $ | — | |
Banks | | | 42,039,772 | | | | 42,039,772 | | | | — | | | | — | |
Capital Goods | | | 144,598,301 | | | | 144,598,301 | | | | — | | | | — | |
Commercial & Professional Services | | | 21,677,975 | | | | 21,331,338 | | | | 346,637 | | | | — | |
Consumer Durables & Apparel | | | 72,870,930 | | | | 64,191,228 | | | | 8,679,702 | | | | — | |
Consumer Services | | | 80,932,506 | | | | 80,932,506 | | | | — | | | | — | |
Diversified Financials | | | 46,133,567 | | | | 44,063,940 | | | | 2,069,627 | | | | — | |
Energy | | | 27,980,805 | | | | 27,715,358 | | | | 265,447 | | | | — | |
Food & Staples Retailing | | | 1,933,801 | | | | 1,933,801 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 24,794,717 | | | | 24,794,717 | | | | — | | | | — | |
Health Care Equipment & Services | | | 162,455,082 | | | | 162,268,882 | | | | — | | | | 186,200 | |
Insurance | | | 15,343,461 | | | | 15,343,461 | | | | — | | | | — | |
Materials | | | 49,396,763 | | | | 49,396,763 | | | | — | | | | — | |
Media | | | 22,851,614 | | | | 22,851,614 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 159,622,150 | | | | 159,622,150 | | | | — | | | | — | |
Real Estate | | | 37,867,234 | | | | 37,867,234 | | | | — | | | | — | |
Retailing | | | 47,560,012 | | | | 42,292,792 | | | | — | | | | 5,267,220 | |
Semiconductors & Semiconductor Equipment | | | 68,688,921 | | | | 68,688,921 | | | | — | | | | — | |
Software & Services | | | 233,109,341 | | | | 231,251,812 | | | | — | | | | 1,857,529 | |
Technology Hardware & Equipment | | | 49,015,985 | | | | 49,015,985 | | | | — | | | | — | |
Telecommunication Services | | | 120,786 | | | | 120,786 | | | | — | | | | — | |
Transportation | | | 44,804,281 | | | | 44,804,281 | | | | — | | | | — | |
Utilities | | | 818,054 | | | | 818,054 | | | | — | | | | — | |
Preferred Stocks | | | 42,515,449 | | | | — | | | | — | | | | 42,515,449 | |
Convertible Preferred Stocks | | | 252,364 | | | | 252,364 | | | | — | | | | — | |
Warrants | | | 14,578,042 | | | | — | | | | 14,578,042 | | | | — | |
Short-Term Investments | | | 46,323,083 | | | | 46,323,083 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 1,465,819,097 | | | $ | 1,390,053,244 | | | $ | 25,939,455 | | | $ | 49,826,398 | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, investments valued at $16,225,672 were transferred from Level 1 to Level 2, and there were no transfers from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to: |
| | a) | Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1). |
| | b) | U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2). |
| | c) | Equity investments with no observable trading but a bid or mean price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1). |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small Company HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | | | | | |
| | | Common Stocks | | | Preferred Stocks | | | Total | |
Beginning balance | | $ | 5,718,141 | | | $ | 63,011,394 | | | $ | 68,729,535 | |
Purchases | | | 186,200 | | | | 9,082,563 | | | | 9,268,763 | |
Sales | | | — | | | | (14,063,534 | ) | | | (14,063,534 | ) |
Accrued discounts/(premiums) | | | — | | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | 8,790,109 | | | | 8,790,109 | |
Net change in unrealized appreciation/depreciation | | | 1,406,608 | | | | (24,305,083 | ) | | | (22,898,475 | ) |
Transfers into Level 3(1) | | | — | | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | | | | — | |
| | | | | | | | | | | | |
Ending balance | | $ | 7,310,949 | | | $ | 42,515,449 | | | $ | 49,826,398 | |
| | The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $ (22,898,475). |
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small/Mid Cap Equity HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.6% | |
| | | | Automobiles & Components - 2.1% | |
| | 9,440 | | | American Axle & Manufacturing Holdings, Inc.* | | $ | 197,391 | |
| | 7,510 | | | Cooper Tire & Rubber Co. | | | 254,063 | |
| | 24,241 | | | Goodyear Tire & Rubber Co. | | | 730,866 | |
| | 5,700 | | | Lear Corp. | | | 639,882 | |
| | 10,164 | | | Thor Industries, Inc. | | | 572,030 | |
| | | | | | | | |
| | | | | | | 2,394,232 | |
| | | | | | | | |
| | | | Banks - 4.3% | |
| | 15,283 | | | Banco Latinoamericano de Comercio Exterior S.A. ADR | | | 491,807 | |
| | 8,463 | | | Berkshire Hills Bancorp, Inc. | | | 241,026 | |
| | 21,201 | | | Essent Group Ltd.* | | | 579,847 | |
| | 45,763 | | | Fifth Third Bancorp | | | 952,786 | |
| | 38,263 | | | First BanCorp* | | | 184,428 | |
| | 15,349 | | | HomeStreet, Inc.* | | | 350,264 | |
| | 21,500 | | | Huntington Bancshares, Inc. | | | 243,165 | |
| | 30,509 | | | KeyCorp | | | 458,245 | |
| | 7,903 | | | MainSource Financial Group, Inc. | | | 173,471 | |
| | 26,198 | | | Popular, Inc.* | | | 756,074 | |
| | 21,840 | | | Walker & Dunlop, Inc.* | | | 584,002 | |
| | | | | | | | |
| | | | | | | 5,015,115 | |
| | | | | | | | |
| | | | Capital Goods - 7.5% | |
| | 13,376 | | | AGCO Corp. | | | 759,489 | |
| | 9,300 | | | American Woodmark Corp.* | | | 510,105 | |
| | 10,500 | | | Argan, Inc. | | | 423,465 | |
| | 3,237 | | | Astronics Corp.* | | | 229,471 | |
| | 10,900 | | | Douglas Dynamics, Inc. | | | 234,132 | |
| | 5,540 | | | Dycom Industries, Inc.* | | | 326,029 | |
| | 11,541 | | | Fluor Corp. | | | 611,789 | |
| | 16,617 | | | General Cable Corp. | | | 327,853 | |
| | 2,900 | | | Huntington Ingalls Industries, Inc. | | | 326,511 | |
| | 4,300 | | | Hyster-Yale Materials Handling, Inc. | | | 297,904 | |
| | 27,871 | | | KBR, Inc. | | | 542,927 | |
| | 8,651 | | | Lydall, Inc.* | | | 255,724 | |
| | 48,800 | | | Meritor, Inc.* | | | 640,256 | |
| | 1,900 | | | Moog, Inc. Class A* | | | 134,292 | |
| | 9,993 | | | Spirit Aerosystems Holdings, Inc. Class A* | | | 550,714 | |
| | 17,387 | | | Taser International, Inc.* | | | 579,161 | |
| | 2,400 | | | Teledyne Technologies, Inc.* | | | 253,224 | |
| | 5,600 | | | Timken Co. | | | 204,792 | |
| | 13,100 | | | Trex Co., Inc.* | | | 647,533 | |
| | 4,100 | | | Triumph Group, Inc. | | | 270,559 | |
| | 1,581 | | | Wabco Holdings, Inc.* | | | 195,601 | |
| | 6,699 | | | Woodward, Inc. | | | 368,378 | |
| | | | | | | | |
| | | | | | | 8,689,909 | |
| | | | | | | | |
| | | | Commercial & Professional Services - 3.3% | |
| | 3,787 | | | Brink’s Co. | | | 111,452 | |
| | 7,700 | | | Deluxe Corp. | | | 477,400 | |
| | 4,747 | | | HNI Corp. | | | 242,809 | |
| | 5,400 | | | Insperity, Inc. | | | 274,860 | |
| | 8,300 | | | Korn/Ferry International | | | 288,591 | |
| | 3,574 | | | Multi-Color Corp. | | | 228,307 | |
| | 24,100 | | | Pitney Bowes, Inc. | | | 501,521 | |
| | 12,100 | | | Quad/Graphics, Inc. | | | 223,971 | |
| | 25,700 | | | R.R. Donnelley & Sons Co. | | | 447,951 | |
| | 19,100 | | | RPX Corp.* | | | 322,790 | |
| | 6,669 | | | TriNet Group, Inc.* | | | 169,059 | |
| | 3,400 | | | UniFirst Corp. | | | 380,290 | |
| | 5,476 | | | WageWorks, Inc.* | | | 221,504 | |
| | | | | | | | |
| | | | | | | 3,890,505 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.6% - (continued) | |
| | | | Consumer Durables & Apparel - 2.8% | |
| | 5,497 | | | Carter’s, Inc. | | $ | 584,331 | |
| | 5,097 | | | CSS Industries, Inc. | | | 154,184 | |
| | 8,887 | | | Helen of Troy Ltd.* | | | 866,394 | |
| | 23,600 | | | Nautilus, Inc.* | | | 507,636 | |
| | 4,297 | | | Polaris Industries, Inc. | | | 636,429 | |
| | 120,100 | | | Quiksilver, Inc.* | | | 79,602 | |
| | 1,284 | | | Skechers USA, Inc. Class A* | | | 140,971 | |
| | 19,638 | | | Vince Holding Corp.* | | | 235,263 | |
| | | | | | | | |
| | | | | | | 3,204,810 | |
| | | | | | | | |
| | | | Consumer Services - 4.3% | |
| | 8,500 | | | American Public Education, Inc.* | | | 218,620 | |
| | 14,328 | | | Apollo Education Group, Inc.* | | | 184,545 | |
| | 20,000 | | | Bridgepoint Education, Inc.* | | | 191,200 | |
| | 16,600 | | | Brinker International, Inc. | | | 956,990 | |
| | 2,120 | | | Buffalo Wild Wings, Inc.* | | | 332,183 | |
| | 3,984 | | | Capella Education Co. | | | 213,821 | |
| | 4,606 | | | Choice Hotels International, Inc. | | | 249,876 | |
| | 10,420 | | | Domino’s Pizza, Inc. | | | 1,181,628 | |
| | 5,521 | | | Grand Canyon Education, Inc.* | | | 234,090 | |
| | 5,708 | | | International Speedway Corp. Class A | | | 209,312 | |
| | 18,300 | | | LifeLock, Inc.* | | | 300,120 | |
| | 4,700 | | | Marriott Vacations Worldwide Corp. | | | 431,225 | |
| | 4,200 | | | Strayer Education, Inc.* | | | 181,020 | |
| | 32,729 | | | Weight Watchers International, Inc.* | | | 158,736 | |
| | | | | | | | |
| | | | | | | 5,043,366 | |
| | | | | | | | |
| | | | Diversified Financials - 3.2% | |
| | 106,001 | | | Apollo Investment Corp. | | | 750,487 | |
| | 23,195 | | | Ezcorp, Inc. Class A* | | | 172,339 | �� |
| | 7,825 | | | Investment Technology Group, Inc. | | | 194,060 | |
| | 31,219 | | | Janus Capital Group, Inc. | | | 534,469 | |
| | 9,090 | | | Nelnet, Inc. Class A | | | 393,688 | |
| | 20,000 | | | Solar Capital Ltd. | | | 360,000 | |
| | 9,450 | | | Springleaf Holdings, Inc.* | | | 433,850 | |
| | 26,255 | | | Wisdomtree Investments, Inc. | | | 576,691 | |
| | 4,500 | | | World Acceptance Corp.* | | | 276,795 | |
| | | | | | | | |
| | | | | | | 3,692,379 | |
| | | | | | | | |
| | | | Energy - 4.2% | |
| | 6,500 | | | CVR Energy, Inc. | | | 244,660 | |
| | 6,800 | | | Delek US Holdings, Inc. | | | 250,376 | |
| | 19,308 | | | Frank’s International N.V. | | | 363,763 | |
| | 107,087 | | | Frontline Ltd.* | | | 261,292 | |
| | 16,632 | | | Gulfmark Offshore, Inc. Class A | | | 192,931 | |
| | 6,200 | | | Matrix Service Co.* | | | 113,336 | |
| | 12,648 | | | Oceaneering International, Inc. | | | 589,270 | |
| | 15,343 | | | Oil States International, Inc.* | | | 571,220 | |
| | 33,661 | | | Pioneer Energy Services Corp.* | | | 213,411 | |
| | 12,773 | | | QEP Resources, Inc. | | | 236,428 | |
| | 2,400 | | | REX American Resources Corp.* | | | 152,736 | |
| | 10,610 | | | Superior Energy Services, Inc. | | | 223,235 | |
| | 18,450 | | | Valero Energy Corp. | | | 1,154,970 | |
| | 8,173 | | | Western Refining, Inc. | | | 356,506 | |
| | | | | | | | |
| | | | | | | 4,924,134 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 0.2% | |
| | 7,986 | | | Fresh Market, Inc.* | | | 256,670 | |
| | | | | | | | |
| |
| | | | Food, Beverage & Tobacco - 0.9% | |
| | 1,600 | | | Ingredion, Inc. | | | 127,696 | |
| | 31,200 | | | Pilgrim’s Pride Corp. | | | 716,664 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small/Mid Cap Equity HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.6% - (continued) | |
| | | | Food, Beverage & Tobacco - 0.9% - (continued) | |
| | 2,928 | | | Sanderson Farms, Inc. | | $ | 220,068 | |
| | | | | | | | |
| | | | | | | 1,064,428 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 4.1% | |
| | 7,140 | | | ABIOMED, Inc.* | | | 469,312 | |
| | 3,282 | | | Aetna, Inc. | | | 418,324 | |
| | 12,400 | | | Centene Corp.* | | | 996,960 | |
| | 5,796 | | | Cyberonics, Inc.* | | | 344,630 | |
| | 7,200 | | | Ensign Group, Inc. | | | 367,632 | |
| | 10,100 | | | Health Net, Inc.* | | | 647,612 | |
| | 3,938 | | | Orthofix International N.V.* | | | 130,427 | |
| | 44,212 | | | Quality Systems, Inc. | | | 732,593 | |
| | 10,537 | | | Triple-S Management Corp., Class B* | | | 270,379 | |
| | 6,092 | | | VCA, Inc.* | | | 331,435 | |
| | | | | | | | |
| | | | | | | 4,709,304 | |
| | | | | | | | |
| | | | Household & Personal Products - 0.6% | |
| | 7,537 | | | Medifast, Inc.* | | | 243,596 | |
| | 3,500 | | | Usana Health Sciences, Inc.* | | | 478,310 | |
| | | | | | | | |
| | | | | | | 721,906 | |
| | | | | | | | |
| | | | Insurance - 5.0% | |
| | 9,688 | | | Ambac Financial Group, Inc.* | | | 161,208 | |
| | 5,900 | | | AmTrust Financial Services, Inc. | | | 386,509 | |
| | 8,898 | | | Assured Guaranty Ltd. | | | 213,463 | |
| | 8,025 | | | Axis Capital Holdings Ltd. | | | 428,294 | |
| | 9,700 | | | Endurance Specialty Holdings Ltd. | | | 637,290 | |
| | 5,594 | | | Everest Re Group Ltd. | | | 1,018,164 | |
| | 10,636 | | | Fidelity & Guaranty Life | | | 251,329 | |
| | 18,400 | | | Greenlight Capital Re Ltd. Class A* | | | 536,728 | |
| | 5,242 | | | HCI Group, Inc. | | | 231,749 | |
| | 29,000 | | | MBIA, Inc.* | | | 174,290 | |
| | 2,740 | | | Reinsurance Group of America, Inc. | | | 259,944 | |
| | 26,454 | | | Symetra Financial Corp. | | | 639,393 | |
| | 17,242 | | | Third Point Reinsurance Ltd.* | | | 254,320 | |
| | 16,400 | | | United Insurance Holdings Corp. | | | 254,856 | |
| | 7,500 | | | Validus Holdings Ltd. | | | 329,925 | |
| | | | | | | | |
| | | | | | | 5,777,462 | |
| | | | | | | | |
| | | | Materials - 4.8% | |
| | 7,232 | | | Berry Plastics Group, Inc.* | | | 234,317 | |
| | 9,300 | | | Boise Cascade Co.* | | | 341,124 | |
| | 8,696 | | | Clearwater Paper Corp.* | | | 498,281 | |
| | 11,800 | | | Domtar Corp. | | | 488,520 | |
| | 36,710 | | | Graphic Packaging Holding Co. | | | 511,370 | |
| | 10,180 | | | Innospec, Inc. | | | 458,507 | |
| | 9,900 | | | PolyOne Corp. | | | 387,783 | |
| | 30,600 | | | Resolute Forest Products, Inc.* | | | 344,250 | |
| | 9,038 | | | Rock-Tenn Co. Class A | | | 544,088 | |
| | 17,609 | | | Sealed Air Corp. | | | 904,750 | |
| | 7,881 | | | Stepan Co. | | | 426,441 | |
| | 33,348 | | | Stillwater Mining Co.* | | | 386,503 | |
| | | | | | | | |
| | | | | | | 5,525,934 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 8.8% | |
| | 31,800 | | | Affymetrix, Inc.* | | | 347,256 | |
| | 15,500 | | | Anacor Pharmaceuticals, Inc.* | | | 1,200,165 | |
| | 5,600 | | | Bio-Rad Laboratories, Inc. Class A* | | | 843,416 | |
| | 2,563 | | | BioSpecifics Technologies Corp.* | | | 132,251 | |
| | 9,200 | | | Cambrex Corp.* | | | 404,248 | |
| | 61,891 | | | Geron Corp.* | | | 264,893 | |
| | 18,000 | | | Infinity Pharmaceuticals, Inc.* | | | 197,100 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.6% - (continued) | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences -
8.8% - (continued) | |
| | 8,684 | | | Insys Therapeutics, Inc.* | | $ | 311,929 | |
| | 8,600 | | | Isis Pharmaceuticals, Inc.* | | | 494,930 | |
| | 6,500 | | | Lannett Co., Inc.* | | | 386,360 | |
| | 15,280 | | | Luminex Corp.* | | | 263,733 | |
| | 3,096 | | | Medivation, Inc.* | | | 353,563 | |
| | 33,800 | | | Merrimack Pharmaceuticals, Inc.* | | | 417,937 | |
| | 2,630 | | | NewLink Genetics Corp.* | | | 116,430 | |
| | 8,054 | | | Ophthotech Corp.* | | | 419,291 | |
| | 25,371 | | | OPKO Health, Inc.* | | | 407,966 | |
| | 8,106 | | | PAREXEL International Corp.* | | | 521,297 | |
| | 98,244 | | | PDL Biopharma, Inc. | | | 631,709 | |
| | 11,123 | | | Quintiles Transnational Holdings, Inc.* | | | 807,641 | |
| | 24,900 | | | Sciclone Pharmaceuticals, Inc.* | | | 244,518 | |
| | 16,200 | | | Sucampo Pharmaceuticals, Inc. Class A* | | | 266,166 | |
| | 6,800 | | | United Therapeutics Corp.* | | | 1,182,860 | |
| | | | | | | | |
| | | | | | | 10,215,659 | |
| | | | | | | | |
| | | | Real Estate - 11.2% | |
| | 14,900 | | | AG Mortgage Investment Trust, Inc. REIT | | | 257,472 | |
| | 34,920 | | | American Capital Mortgage Investment Corp. REIT | | | 558,371 | |
| | 14,129 | | | Apollo Commercial Real Estate Finance, Inc. REIT | | | 232,139 | |
| | 55,800 | | | Brandywine Realty Trust REIT | | | 741,024 | |
| | 64,200 | | | Capstead Mortgage Corp. REIT | | | 712,620 | |
| | 13,976 | | | CBL & Associates Properties, Inc. REIT | | | 226,411 | |
| | 57,900 | | | Chambers Street Properties REIT | | | 460,305 | |
| | 9,255 | | | Colony Capital, Inc. Class A, REIT | | | 209,626 | |
| | 6,927 | | | Coresite Realty Corp. REIT | | | 314,763 | |
| | 10,600 | | | Franklin Street Properties Corp. REIT | | | 119,886 | |
| | 29,375 | | | Hatteras Financial Corp. REIT | | | 478,813 | |
| | 8,100 | | | Hospitality Properties Trust REIT | | | 233,442 | |
| | 6,260 | | | Jones Lang LaSalle, Inc. | | | 1,070,460 | |
| | 62,710 | | | Mack-Cali Realty Corp. REIT | | | 1,155,745 | |
| | 7,900 | | | Marcus & Millichap, Inc.* | | | 364,506 | |
| | 28,370 | | | MFA Financial, Inc. REIT | | | 209,654 | |
| | 20,050 | | | New Residential Investment Corp. REIT | | | 305,562 | |
| | 31,160 | | | New York Mortgage Trust, Inc. REIT | | | 233,077 | |
| | 26,200 | | | Pennsylvania REIT | | | 559,108 | |
| | 11,316 | | | PennyMac Mortgage Investment Trust REIT | | | 197,238 | |
| | 25,333 | | | Physicians Realty Trust REIT | | | 389,115 | |
| | 79,200 | | | Piedmont Office Realty Trust, Inc. Class A, REIT | | | 1,393,128 | |
| | 12,700 | | | Redwood Trust, Inc. REIT | | | 199,390 | |
| | 100,100 | | | Resource Capital Corp. REIT | | | 387,387 | |
| | 52,251 | | | Retail Properties of America, Inc. Class A, REIT | | | 727,856 | |
| | 26,297 | | | Select Income REIT | | | 542,770 | |
| | 47,300 | | | Two Harbors Investment Corp. REIT | | | 460,702 | |
| | 16,400 | | | Western Asset Mortgage Capital Corp. REIT | | | 242,228 | |
| | | | | | | | |
| | | | | | | 12,982,798 | |
| | | | | | | | |
| | | | Retailing - 7.2% | |
| | 14,024 | | | American Eagle Outfitters, Inc. | | | 241,493 | |
| | 11,800 | | | Big Lots, Inc. | | | 530,882 | |
| | 12,100 | | | Buckle, Inc. | | | 553,817 | |
| | 9,468 | | | Burlington Stores, Inc.* | | | 484,761 | |
| | 10,000 | | | Cato Corp. Class A | | | 387,600 | |
| | 19,630 | | | Chico’s FAS, Inc. | | | 326,447 | |
| | 7,800 | | | Dillard’s, Inc. Class A | | | 820,482 | |
| | 6,740 | | | DSW, Inc. Class A | | | 224,914 | |
| | 13,690 | | | Foot Locker, Inc. | | | 917,367 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small/Mid Cap Equity HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.6% - (continued) | |
| | | | Retailing - 7.2% - (continued) | |
| | 26,200 | | | Francescas Holding Corp.* | | $ | 352,914 | |
| | 2,692 | | | GNC Holdings, Inc. Class A | | | 119,740 | |
| | 4,981 | | | Hibbett Sports, Inc.* | | | 232,015 | |
| | 25,374 | | | Nutrisystem, Inc. | | | 631,305 | |
| | 5,000 | | | Outerwall, Inc. | | | 380,550 | |
| | 24,900 | | | Overstock.com, Inc.* | | | 561,246 | |
| | 14,200 | | | Select Comfort Corp.* | | | 426,994 | |
| | 11,037 | | | Tilly’s, Inc. Class A* | | | 106,728 | |
| | 5,624 | | | Ulta Salon Cosmetics & Fragrance, Inc.* | | | 868,627 | |
| | 18,300 | | | zulily, Inc. Class A* | | | 238,632 | |
| | | | | | | | |
| | | | | | | 8,406,514 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 2.8% | |
| | 9,200 | | | Advanced Energy Industries, Inc.* | | | 252,908 | |
| | 4,700 | | | Ambarella, Inc.* | | | 482,643 | |
| | 51,600 | | | Amkor Technology, Inc.* | | | 308,568 | |
| | 15,600 | | | Integrated Device Technology, Inc.* | | | 338,520 | |
| | 15,817 | | | Rambus, Inc.* | | | 229,188 | |
| | 14,000 | | | Skyworks Solutions, Inc. | | | 1,457,400 | |
| | 6,000 | | | Tessera Technologies, Inc. | | | 227,880 | |
| | | | | | | | |
| | | | | | | 3,297,107 | |
| | | | | | | | |
| | | | Software & Services - 11.5% | |
| | 14,460 | | | Amdocs Ltd. | | | 789,371 | |
| | 20,130 | | | Aspen Technology, Inc.* | | | 916,922 | |
| | 34,200 | | | AVG Technologies N.V.* | | | 930,582 | |
| | 7,514 | | | Barracuda Networks, Inc.* | | | 297,705 | |
| | 6,476 | | | Cardtronics, Inc.* | | | 239,936 | |
| | 4,210 | | | Cimpress N.V.* | | | 354,314 | |
| | 25,600 | | | Convergys Corp. | | | 652,544 | |
| | 1,090 | | | DST Systems, Inc. | | | 137,318 | |
| | 6,700 | | | EPAM Systems, Inc.* | | | 477,241 | |
| | 3,572 | | | ePlus, Inc.* | | | 273,794 | |
| | 9,800 | | | Fleetmatics Group Ltd.* | | | 458,934 | |
| | 8,047 | | | Global Sources Ltd.* | | | 55,927 | |
| | 14,500 | | | Guidewire Software, Inc.* | | | 767,485 | |
| | 4,336 | | | Imperva, Inc.* | | | 293,547 | |
| | 8,812 | | | Infoblox, Inc.* | | | 230,963 | |
| | 8,800 | | | Logmein, Inc.* | | | 567,512 | |
| | 9,642 | | | Manhattan Associates, Inc.* | | | 575,145 | |
| | 7,200 | | | MAXIMUS, Inc. | | | 473,256 | |
| | 35,903 | | | Mentor Graphics Corp. | | | 948,916 | |
| | 6,368 | | | Paycom Software, Inc.* | | | 217,467 | |
| | 10,270 | | | Rackspace Hosting, Inc.* | | | 381,941 | |
| | 4,700 | | | Science Applications International Corp. | | | 248,395 | |
| | 13,290 | | | SolarWinds, Inc.* | | | 613,068 | |
| | 6,970 | | | SS&C Technologies Holdings, Inc. | | | 435,625 | |
| | 13,913 | | | Synopsys, Inc.* | | | 704,693 | |
| | 4,650 | | | Tableau Software, Inc. Class A* | | | 536,145 | |
| | 12,954 | | | VASCO Data Security International, Inc.* | | | 391,081 | |
| | 6,238 | | | Verint Systems, Inc.* | | | 378,927 | |
| | | | | | | | |
| | | | | | | 13,348,754 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 3.6% | |
| | 13,489 | | | Alliance Fiber Optic Products, Inc. | | | 250,221 | |
| | 11,900 | | | Avnet, Inc. | | | 489,209 | |
| | 64,735 | | | Brocade Communications Systems, Inc. | | | 769,052 | |
| | 2,073 | | | InterDigital, Inc. | | | 117,933 | |
| | 11,000 | | | Jabil Circuit, Inc. | | | 234,190 | |
| | 15,300 | | | Lexmark International, Inc. Class A | | | 676,260 | |
| | 6,700 | | | Methode Electronics, Inc. | | | 183,915 | |
| | 4,701 | | | Palo Alto Networks, Inc.* | | | 821,265 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.6% - (continued) | |
| | | | Technology Hardware & Equipment - 3.6% - (continued) | |
| | 18,200 | | | Polycom, Inc.* | | $ | 208,208 | |
| | 12,308 | | | Sanmina Corp.* | | | 248,129 | |
| | 4,050 | | | Tech Data Corp.* | | | 233,118 | |
| | | | | | | | |
| | | | | | | 4,231,500 | |
| | | | | | | | |
| | | | Telecommunication Services - 0.7% | |
| | 18,100 | | | Inteliquent, Inc. | | | 333,040 | |
| | 17,796 | | | Telephone & Data Systems, Inc. | | | 523,202 | |
| | | | | | | | |
| | | | | | | 856,242 | |
| | | | | | | | |
| | | | Transportation - 2.3% | |
| | 25,779 | | | Alaska Air Group, Inc. | | | 1,660,941 | |
| | 11,005 | | | JetBlue Airways Corp.* | | | 228,464 | |
| | 20,831 | | | Swift Transportation Co.* | | | 472,239 | |
| | 10,100 | | | Werner Enterprises, Inc. | | | 265,125 | |
| | | | | | | | |
| | | | | | | 2,626,769 | |
| | | | | | | | |
| | | | Utilities - 4.2% | |
| | 38,448 | | | Atlantic Power Corp. | | | 118,420 | |
| | 40,300 | | | Great Plains Energy, Inc. | | | 973,648 | |
| | 4,241 | | | IDACORP, Inc. | | | 238,090 | |
| | 23,000 | | | New Jersey Resources Corp. | | | 633,650 | |
| | 7,447 | | | ONE Gas, Inc. | | | 316,944 | |
| | 13,700 | | | Pinnacle West Capital Corp. | | | 779,393 | |
| | 15,680 | | | UGI Corp. | | | 540,176 | |
| | 38,711 | | | Westar Energy, Inc. | | | 1,324,690 | |
| | | | | | | | |
| | | | | | | 4,925,011 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $99,809,534) | | $ | 115,800,508 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $99,809,534) | | $ | 115,800,508 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 0.4% | |
| | | | Other Investment Pools & Funds - 0.4% | |
| | 464,496 | | | Federated Prime Obligations Fund | | $ | 464,496 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $464,496) | | $ | 464,496 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $100,274,030)^ | | | 100.0 | % | | $ | 116,265,004 | |
| | Other Assets and Liabilities | | | 0.0 | % | | | (4,734 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 116,260,270 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small/Mid Cap Equity HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Equity Industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $100,335,285 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 21,093,017 | |
Unrealized Depreciation | | | (5,163,298 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 15,929,719 | |
| | | | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Small/Mid Cap Equity HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 2,394,232 | | | $ | 2,394,232 | | | $ | — | | | $ | — | |
Banks | | | 5,015,115 | | | | 5,015,115 | | | | — | | | | — | |
Capital Goods | | | 8,689,909 | | | | 8,689,909 | | | | — | | | | — | |
Commercial & Professional Services | | | 3,890,505 | | | | 3,890,505 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 3,204,810 | | | | 3,204,810 | | | | — | | | | — | |
Consumer Services | | | 5,043,366 | | | | 5,043,366 | | | | — | | | | — | |
Diversified Financials | | | 3,692,379 | | | | 3,692,379 | | | | — | | | | — | |
Energy | | | 4,924,134 | | | | 4,924,134 | | | | — | | | | — | |
Food & Staples Retailing | | | 256,670 | | | | 256,670 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 1,064,428 | | | | 1,064,428 | | | | — | | | | — | |
Health Care Equipment & Services | | | 4,709,304 | | | | 4,709,304 | | | | — | | | | — | |
Household & Personal Products | | | 721,906 | | | | 721,906 | | | | — | | | | — | |
Insurance | | | 5,777,462 | | | | 5,777,462 | | | | — | | | | — | |
Materials | | | 5,525,934 | | | | 5,525,934 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 10,215,659 | | | | 10,215,659 | | | | — | | | | — | |
Real Estate | | | 12,982,798 | | | | 12,982,798 | | | | — | | | | — | |
Retailing | | | 8,406,514 | | | | 8,406,514 | | | | — | | | | — | |
Semiconductors & Semiconductor Equipment | | | 3,297,107 | | | | 3,297,107 | | | | — | | | | — | |
Software & Services | | | 13,348,754 | | | | 13,348,754 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 4,231,500 | | | | 4,231,500 | | | | — | | | | — | |
Telecommunication Services | | | 856,242 | | | | 856,242 | | | | — | | | | — | |
Transportation | | | 2,626,769 | | | | 2,626,769 | | | | — | | | | — | |
Utilities | | | 4,925,011 | | | | 4,925,011 | | | | — | | | | — | |
Short-Term Investments | | | 464,496 | | | | 464,496 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 116,265,004 | | | $ | 116,265,004 | | | $ | — | | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford SmallCap Growth HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.3% | |
| | | | Automobiles & Components - 1.1% | |
| | 42,488 | | | American Axle & Manufacturing Holdings, Inc.* | | $ | 888,424 | |
| | 19,877 | | | Cooper Tire & Rubber Co. | | | 672,439 | |
| | 54,447 | | | Dana Holding Corp. | | | 1,120,519 | |
| | 119,628 | | | Tenneco Automotive, Inc.* | | | 6,871,433 | |
| | | | | | | | |
| | | | | | | 9,552,815 | |
| | | | | | | | |
| | | | Banks - 2.8% | |
| | 247,293 | | | EverBank Financial Corp. | | | 4,859,307 | |
| | 28,100 | | | FCB Financial Holdings, Inc. Class A* | | | 893,580 | |
| | 200,897 | | | First Merchants Corp. | | | 4,962,156 | |
| | 102,083 | | | Flushing Financial Corp. | | | 2,144,764 | |
| | 99,985 | | | Great Western Bancorp, Inc. | | | 2,410,638 | |
| | 315,470 | | | MGIC Investment Corp.* | | | 3,590,049 | |
| | 76,801 | | | Sandy Spring Bancorp, Inc. | | | 2,148,892 | |
| | 57,928 | | | Wintrust Financial Corp. | | | 3,092,197 | |
| | | | | | | | |
| | | | | | | 24,101,583 | |
| | | | | | | | |
| | | | Capital Goods - 8.1% | |
| | 62,448 | | | A.O. Smith Corp. | | | 4,495,007 | |
| | 160,630 | | | AAON, Inc. | | | 3,617,388 | |
| | 16,000 | | | Aegion Corp.* | | | 303,040 | |
| | 19,891 | | | Aerojet Rocketdyne Holdings, Inc.* | | | 409,954 | |
| | 139,168 | | | Altra Industrial Motion Corp. | | | 3,782,586 | |
| | 7,700 | | | American Railcar Industries, Inc. | | | 374,528 | |
| | 9,983 | | | American Woodmark Corp.* | | | 547,568 | |
| | 17,100 | | | Argan, Inc. | | | 689,643 | |
| | 75,575 | | | Astronics Corp.* | | | 5,357,512 | |
| | 112,013 | | | AZZ, Inc. | | | 5,802,273 | |
| | 6,700 | | | Cubic Corp. | | | 318,786 | |
| | 11,800 | | | Douglas Dynamics, Inc. | | | 253,464 | |
| | 7,100 | | | DXP Enterprises, Inc.* | | | 330,150 | |
| | 8,358 | | | Dycom Industries, Inc.* | | | 491,868 | |
| | 7,200 | | | Encore Wire Corp. | | | 318,888 | |
| | 34,619 | | | Esterline Technologies Corp.* | | | 3,300,576 | |
| | 161,063 | | | Generac Holdings, Inc.* | | | 6,402,254 | |
| | 110,120 | | �� | Heico Corp. Class A | | | 5,590,792 | |
| | 20,400 | | | Hyster-Yale Materials Handling, Inc. | | | 1,413,312 | |
| | 57,816 | | | Lennox International, Inc. | | | 6,226,205 | |
| | 12,500 | | | Lydall, Inc.* | | | 369,500 | |
| | 90,118 | | | Meritor, Inc.* | | | 1,182,348 | |
| | 64,869 | | | Moog, Inc. Class A* | | | 4,584,941 | |
| | 5,700 | | | Proto Labs, Inc.* | | | 384,636 | |
| | 44,763 | | | Taser International, Inc.* | | | 1,491,056 | |
| | 52,642 | | | Teledyne Technologies, Inc.* | | | 5,554,257 | |
| | 73,422 | | | Toro Co. | | | 4,976,543 | |
| | 20,300 | | | Trex Co., Inc.* | | | 1,003,429 | |
| | 22,300 | | | Wabash National Corp.* | | | 279,642 | |
| | 16,974 | | | Woodward, Inc. | | | 933,400 | |
| | | | | | | | |
| | | | | | | 70,785,546 | |
| | | | | | | | |
| | | | Commercial & Professional Services - 3.4% | |
| | 8,046 | | | Brink’s Co. | | | 236,794 | |
| | 14,925 | | | CEB, Inc. | | | 1,299,370 | |
| | 93,132 | | | Deluxe Corp. | | | 5,774,184 | |
| | 136,874 | | | Exponent, Inc. | | | 6,129,218 | |
| | 124,169 | | | GP Strategies Corp.* | | | 4,127,377 | |
| | 15,800 | | | HNI Corp. | | | 808,170 | |
| | 13,903 | | | Insperity, Inc. | | | 707,663 | |
| | 10,383 | | | Korn/Ferry International | | | 361,017 | |
| | 6,003 | | | Multi-Color Corp. | | | 383,472 | |
| | 120,191 | | | On Assignment, Inc.* | | | 4,721,102 | |
| | 49,418 | | | RPX Corp.* | | | 835,164 | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.3% - (continued) | |
| | | | Commercial & Professional Services - 3.4% - (continued) | |
| | 20,119 | | | TriNet Group, Inc.* | | $ | 510,017 | |
| | 6,776 | | | UniFirst Corp. | | | 757,896 | |
| | 82,716 | | | WageWorks, Inc.* | | | 3,345,862 | |
| | | | | | | | |
| | | | | | | 29,997,306 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 4.5% | |
| | 102,383 | | | Arctic Cat, Inc. | | | 3,400,140 | |
| | 8,451 | | | Ethan Allen Interiors, Inc. | | | 222,599 | |
| | 75,902 | | | G-III Apparel Group Ltd.* | | | 5,339,706 | |
| | 11,604 | | | Helen of Troy Ltd.* | | | 1,131,274 | |
| | 236,167 | | | Kate Spade & Co.* | | | 5,087,037 | |
| | 11,600 | | | Movado Group, Inc. | | | 315,056 | |
| | 38,719 | | | Nautilus, Inc.* | | | 832,846 | |
| | 61,947 | | | Oxford Industries, Inc. | | | 5,417,265 | |
| | 1,610 | | | Polaris Industries, Inc. | | | 238,457 | |
| | 198,200 | | | Quiksilver, Inc.* | | | 131,367 | |
| | 4,735 | | | Skechers USA, Inc. Class A* | | | 519,856 | |
| | 174,317 | | | Steven Madden Ltd.* | | | 7,457,281 | |
| | 5,900 | | | Sturm Ruger & Co., Inc. | | | 338,955 | |
| | 135,130 | | | Taylor Morrison Home Corp. Class A* | | | 2,751,247 | |
| | 4,932 | | | Universal Electronics, Inc.* | | | 245,811 | |
| | 221,230 | | | Vince Holding Corp.* | | | 2,650,335 | |
| | 75,050 | | | Vista Outdoor, Inc.* | | | 3,369,745 | |
| | 11,744 | | | Wolverine World Wide, Inc. | | | 334,469 | |
| | | | | | | | |
| | | | | | | 39,783,446 | |
| | | | | | | | |
| | | | Consumer Services - 4.9% | |
| | 13,300 | | | American Public Education, Inc.* | | | 342,076 | |
| | 14,700 | | | BJ’s Restaurants, Inc.* | | | 712,215 | |
| | 343,930 | | | Bloomin’ Brands, Inc. | | | 7,342,905 | |
| | 30,811 | | | Boyd Gaming Corp.* | | | 460,624 | |
| | 85,697 | | | Brinker International, Inc. | | | 4,940,432 | |
| | 27,083 | | | Buffalo Wild Wings, Inc.* | | | 4,243,635 | |
| | 12,230 | | | Capella Education Co. | | | 656,384 | |
| | 207,550 | | | Del Frisco’s Restaurant Group, Inc.* | | | 3,866,657 | |
| | 12,740 | | | Domino’s Pizza, Inc. | | | 1,444,716 | |
| | 5,458 | | | Fiesta Restaurant Group, Inc.* | | | 272,900 | |
| | 33,777 | | | Grand Canyon Education, Inc.* | | | 1,432,145 | |
| | 291,281 | | | La Quinta Holdings, Inc.* | | | 6,655,771 | |
| | 56,812 | | | LifeLock, Inc.* | | | 931,717 | |
| | 74,158 | | | Marriott Vacations Worldwide Corp. | | | 6,803,997 | |
| | 15,700 | | | Strayer Education, Inc.* | | | 676,670 | |
| | 15,400 | | | Texas Roadhouse, Inc. | | | 576,422 | |
| | 91,874 | | | Weight Watchers International, Inc.* | | | 445,589 | |
| | 49,000 | | | Wingstop, Inc.* | | | 1,391,600 | |
| | | | | | | | |
| | | | | | | 43,196,455 | |
| | | | | | | | |
| | | | Diversified Financials - 1.9% | |
| | 7,129 | | | Credit Acceptance Corp.* | | | 1,755,017 | |
| | 80,043 | | | Evercore Partners, Inc. Class A | | | 4,319,120 | |
| | 111,887 | | | HFF, Inc. Class A | | | 4,669,045 | |
| | 35,387 | | | MarketAxess Holdings, Inc. | | | 3,282,852 | |
| | 78,144 | | | Wisdomtree Investments, Inc. | | | 1,716,433 | |
| | 7,400 | | | World Acceptance Corp.* | | | 455,174 | |
| | | | | | | | |
| | | | | | | 16,197,641 | |
| | | | | | | | |
| | | | Energy - 1.9% | |
| | 53,472 | | | Alon USA Energy, Inc. | | | 1,010,621 | |
| | 14,300 | | | CVR Energy, Inc. | | | 538,252 | |
| | 26,867 | | | Delek US Holdings, Inc. | | | 989,243 | |
| | 97,392 | | | Forum Energy Technologies, Inc.* | | | 1,975,110 | |
| | 7,858 | | | Green Plains, Inc. | | | 216,488 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford SmallCap Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.3% - (continued) | |
| | | | Energy - 1.9% - (continued) | |
| | 166,180 | | | Hornbeck Offshore Services, Inc.* | | $ | 3,411,675 | |
| | 91,900 | | | ION Geophysical Corp.* | | | 98,333 | |
| | 11,737 | | | Matrix Service Co.* | | | 214,552 | |
| | 48,858 | | | Pioneer Energy Services Corp.* | | | 309,760 | |
| | 14,415 | | | REX American Resources Corp.* | | | 917,370 | |
| | 191,929 | | | RSP Permian, Inc.* | | | 5,395,124 | |
| | 55,100 | | | W&T Offshore, Inc. | | | 301,948 | |
| | 31,551 | | | Western Refining, Inc. | | | 1,376,255 | |
| | | | | | | | |
| | | | | | | 16,754,731 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 2.4% | |
| | 99,144 | | | Casey’s General Stores, Inc. | | | 9,492,046 | |
| | 22,612 | | | Fresh Market, Inc.* | | | 726,750 | |
| | 194,906 | | | Natural Grocers by Vitamin Cottage, Inc.* | | | 4,798,586 | |
| | 67,509 | | | PriceSmart, Inc. | | | 6,159,521 | |
| | | | | | | | |
| | | | | | | 21,176,903 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 1.7% | |
| | 22,400 | | | Cal-Maine Foods, Inc. | | | 1,169,280 | |
| | 39,200 | | | Pilgrim’s Pride Corp. | | | 900,424 | |
| | 83,283 | | | Post Holdings, Inc.* | | | 4,491,452 | |
| | 13,700 | | | Sanderson Farms, Inc. | | | 1,029,692 | |
| | 91,335 | | | TreeHouse Foods, Inc.* | | | 7,400,875 | |
| | | | | | | | |
| | | | | | | 14,991,723 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 10.5% | |
| | 22,596 | | | ABIOMED, Inc.* | | | 1,485,235 | |
| | 90,085 | | | Acadia Healthcare Co., Inc.* | | | 7,056,358 | |
| | 3,900 | | | Align Technology, Inc.* | | | 244,569 | |
| | 11,524 | | | Atrion Corp. | | | 4,520,980 | |
| | 27,422 | | | Centene Corp.* | | | 2,204,729 | |
| | 4,902 | | | Computer Programs & Systems, Inc. | | | 261,865 | |
| | 78,457 | | | Cyberonics, Inc.* | | | 4,665,053 | |
| | 99,420 | | | Cynosure, Inc. Class A* | | | 3,835,624 | |
| | 96,646 | | | DexCom, Inc.* | | | 7,729,747 | |
| | 6,464 | | | Ensign Group, Inc. | | | 330,052 | |
| | 269,824 | | | Globus Medical, Inc. Class A* | | | 6,926,382 | |
| | 16,266 | | | HealthEquity, Inc.* | | | 521,325 | |
| | 177,440 | | | HealthSouth Corp. | | | 8,172,886 | |
| | 29,669 | | | HeartWare International, Inc.* | | | 2,156,640 | |
| | 58,949 | | | ICU Medical, Inc.* | | | 5,639,061 | |
| | 20,900 | | | Magellan Health, Inc.* | | | 1,464,463 | |
| | 5,989 | | | Medidata Solutions, Inc.* | | | 325,322 | |
| | 142,347 | | | Merge Healthcare, Inc.* | | | 683,266 | |
| | 15,700 | | | Meridian Bioscience, Inc. | | | 292,648 | |
| | 18,423 | | | Molina Healthcare, Inc.* | | | 1,295,137 | |
| | 5,900 | | | Natus Medical, Inc.* | | | 251,104 | |
| | 143,676 | | | Omnicell, Inc.* | | | 5,418,022 | |
| | 17,590 | | | Orthofix International N.V.* | | | 582,581 | |
| | 71,244 | | | Quality Systems, Inc. | | | 1,180,513 | |
| | 110,555 | | | Team Health Holdings, Inc.* | | | 7,222,558 | |
| | 4,800 | | | Teladoc, Inc.*(1) | | | 91,200 | |
| | 30,500 | | | Triple-S Management Corp., Class B* | | | 782,630 | |
| | 109,247 | | | U.S. Physical Therapy, Inc. | | | 5,982,366 | |
| | 170,765 | | | Vascular Solutions, Inc.* | | | 5,928,961 | |
| | 59,828 | | | WellCare Health Plans, Inc.* | | | 5,075,209 | |
| | | | | | | | |
| | | | | | | 92,326,486 | |
| | | | | | | | |
| | | | Household & Personal Products - 0.1% | |
| | 11,600 | | | Medifast, Inc.* | | | 374,912 | |
| | 5,700 | | | Usana Health Sciences, Inc.* | | | 778,962 | |
| | | | | | | | |
| | | | | | | 1,153,874 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.3% - (continued) | |
| | | | Insurance - 1.5% | |
| | 121,345 | | | AMERISAFE, Inc. | | $ | 5,710,496 | |
| | 10,500 | | | AmTrust Financial Services, Inc. | | | 687,855 | |
| | 9,300 | | | Federated National Holding Co. | | | 225,060 | |
| | 13,938 | | | Greenlight Capital Re Ltd. Class A* | | | 406,571 | |
| | 6,547 | | | HCI Group, Inc. | | | 289,443 | |
| | 16,418 | | | Heritage Insurance Holdings, Inc.* | | | 377,450 | |
| | 120,091 | | | James River Group Holdings Ltd. | | | 3,106,754 | |
| | 81,800 | | | Maiden Holdings Ltd. | | | 1,290,804 | |
| | 42,012 | | | United Insurance Holdings Corp. | | | 652,866 | |
| | 31,000 | | | Universal Insurance Holdings, Inc. | | | 750,200 | |
| | | | | | | | |
| | | | | | | 13,497,499 | |
| | | | | | | | |
| | | | Materials - 4.7% | |
| | 15,712 | | | Berry Plastics Group, Inc.* | | | 509,069 | |
| | 148,473 | | | Boise Cascade Co.* | | | 5,445,990 | |
| | 42,071 | | | Cabot Corp. | | | 1,568,827 | |
| | 20,090 | | | Clearwater Paper Corp.* | | | 1,151,157 | |
| | 59,700 | | | Gold Resource Corp. | | | 164,772 | |
| | 650,866 | | | Graphic Packaging Holding Co. | | | 9,066,563 | |
| | 363,875 | | | Headwaters, Inc.* | | | 6,629,802 | |
| | 6,500 | | | Innospec, Inc. | | | 292,760 | |
| | 16,019 | | | KapStone Paper & Packaging Corp. | | | 370,359 | |
| | 402,884 | | | OMNOVA Solutions, Inc.* | | | 3,017,601 | |
| | 185,799 | | | PolyOne Corp. | | | 7,277,747 | |
| | 84,701 | | | Silgan Holdings, Inc. | | | 4,468,825 | |
| | 15,517 | | | Stepan Co. | | | 839,625 | |
| | 45,318 | | | Stillwater Mining Co.* | | | 525,236 | |
| | | | | | | | |
| | | | | | | 41,328,333 | |
| | | | | | | | |
| | | | Media - 0.1% | |
| | 39,400 | | | McClatchy Co. Class A* | | | 42,552 | |
| | 24,357 | | | World Wrestling Entertainment, Inc. Class A | | | 401,891 | |
| | | | | | | | |
| | | | | | | 444,443 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 12.5% | |
| | 260,246 | | | Achillion Pharmaceuticals, Inc.* | | | 2,305,780 | |
| | 118,465 | | | Acorda Therapeutics, Inc.* | | | 3,948,438 | |
| | 108,009 | | | Aerie Pharmaceuticals, Inc.* | | | 1,906,359 | |
| | 82,615 | | | Affymetrix, Inc.* | | | 902,156 | |
| | 37,349 | | | Agios Pharmaceuticals, Inc.* | | | 4,150,968 | |
| | 76,631 | | | Alkermes plc* | | | 4,930,439 | |
| | 15,945 | | | Alnylam Pharmaceuticals, Inc.* | | | 1,911,327 | |
| | 225,920 | | | Amicus Therapeutics, Inc.* | | | 3,196,768 | |
| | 109,089 | | | Anacor Pharmaceuticals, Inc.* | | | 8,446,761 | |
| | 45,178 | | | Array BioPharma, Inc.* | | | 325,733 | |
| | 242,125 | | | BioCryst Pharmaceuticals, Inc.* | | | 3,614,926 | |
| | 1,701 | | | Bluebird Bio, Inc.* | | | 286,397 | |
| | 25,400 | | | Cambrex Corp.* | | | 1,116,076 | |
| | 13,948 | | | Cempra, Inc.* | | | 479,253 | |
| | 18,140 | | | Dyax Corp.* | | | 480,710 | |
| | 49,500 | | | Emergent Biosolutions, Inc.* | | | 1,631,025 | |
| | 165,759 | | | Five Prime Therapeutics, Inc.* | | | 4,117,454 | |
| | 41,100 | | | Flexion Therapeutics, Inc.* | | | 899,679 | |
| | 79,785 | | | GlycoMimetics, Inc.* | | | 634,291 | |
| | 5,444 | | | Impax Laboratories, Inc.* | | | 249,988 | |
| | 8,907 | | | INC Research Holdings, Inc. Class A* | | | 357,349 | |
| | 87,458 | | | Infinity Pharmaceuticals, Inc.* | | | 957,665 | |
| | 33,460 | | | Insys Therapeutics, Inc.* | | | 1,201,883 | |
| | 90,829 | | | Ironwood Pharmaceuticals, Inc.* | | | 1,095,398 | |
| | 20,992 | | | Isis Pharmaceuticals, Inc.* | | | 1,208,090 | |
| | 7,724 | | | Kite Pharma, Inc.* | | | 470,932 | |
| �� | 56,871 | | | KYTHERA Biopharmaceuticals, Inc.* | | | 4,282,955 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford SmallCap Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.3% - (continued) | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences -
12.5% - (continued) | |
| | 15,100 | | | Lannett Co., Inc.* | | $ | 897,544 | |
| | 3,891 | | | Ligand Pharmaceuticals, Inc.* | | | 392,602 | |
| | 36,850 | | | Luminex Corp.* | | | 636,031 | |
| | 10,614 | | | MacroGenics, Inc.* | | | 403,014 | |
| | 137,637 | | | Medicines Co.* | | | 3,937,795 | |
| | 128,143 | | | Merrimack Pharmaceuticals, Inc.* | | | 1,584,488 | |
| | 65,700 | | | MiMedx Group, Inc.* | | | 761,463 | |
| | 20,255 | | | NewLink Genetics Corp.* | | | 896,689 | |
| | 28,922 | | | Ophthotech Corp.* | | | 1,505,679 | |
| | 121,736 | | | Orexigen Therapeutics, Inc.* | | | 602,593 | |
| | 95,878 | | | Otonomy, Inc.* | | | 2,204,235 | |
| | 119,918 | | | PAREXEL International Corp.* | | | 7,711,927 | |
| | 277,475 | | | PDL Biopharma, Inc. | | | 1,784,164 | |
| | 114,207 | | | Portola Pharmaceuticals, Inc.* | | | 5,202,129 | |
| | 64,400 | | | Progenics Pharmaceuticals, Inc.* | | | 480,424 | |
| | 70,020 | | | PTC Therapeutics, Inc.* | | | 3,370,063 | |
| | 22,639 | | | Puma Biotechnology, Inc.* | | | 2,643,103 | |
| | 79,350 | | | Relypsa, Inc.* | | | 2,625,692 | |
| | 151,830 | | | Sciclone Pharmaceuticals, Inc.* | | | 1,490,971 | |
| | 48,200 | | | Sucampo Pharmaceuticals, Inc. Class A* | | | 791,926 | |
| | 85,274 | | | TESARO, Inc.* | | | 5,013,258 | |
| | 39,649 | | | Ultragenyx Pharmaceutical, Inc.* | | | 4,059,661 | |
| | 236,001 | | | XenoPort, Inc.* | | | 1,446,686 | |
| | 100,550 | | | Zafgen, Inc.* | | | 3,482,046 | |
| | | | | | | | |
| | | | | | | 109,032,983 | |
| | | | | | | | |
| | | | Real Estate - 1.5% | |
| | 11,300 | | | Altisource Portfolio Solutions S.A.* | | | 347,927 | |
| | 90,381 | | | Apollo Residential Mortgage, Inc. REIT | | | 1,327,697 | |
| | 97,779 | | | Coresite Realty Corp. REIT | | | 4,443,078 | |
| | 17,438 | | | Marcus & Millichap, Inc.* | | | 804,589 | |
| | 12,960 | | | Omega Healthcare Investors, Inc. REIT | | | 444,917 | |
| | 32,767 | | | Sabra Healthcare, Inc. REIT | | | 843,423 | |
| | 311,437 | | | Sunstone Hotel Investors, Inc. REIT | | | 4,674,669 | |
| | | | | | | | |
| | | | | | | 12,886,300 | |
| | | | | | | | |
| | | | Retailing - 6.2% | |
| | 33,621 | | | Buckle, Inc. | | | 1,538,833 | |
| | 30,689 | | | Build-A-Bear Workshop, Inc.* | | | 490,717 | |
| | 159,753 | | | Burlington Stores, Inc.* | | | 8,179,354 | |
| | 26,825 | | | Cato Corp. Class A | | | 1,039,737 | |
| | 93,251 | | | Core-Mark Holding Co., Inc. | | | 5,525,122 | |
| | 166,882 | | | DSW, Inc. Class A | | | 5,568,852 | |
| | 155,568 | | | Five Below, Inc.* | | | 6,149,603 | |
| | 74,400 | | | Francescas Holding Corp.* | | | 1,002,168 | |
| | 18,586 | | | Hibbett Sports, Inc.* | | | 865,736 | |
| | 103,800 | | | HSN, Inc. | | | 7,285,722 | |
| | 65,862 | | | Nutrisystem, Inc. | | | 1,638,646 | |
| | 19,400 | | | Outerwall, Inc. | | | 1,476,534 | |
| | 26,063 | | | Overstock.com, Inc.* | | | 587,460 | |
| | 151,111 | | | Party City Holdco, Inc.* | | | 3,063,020 | |
| | 230,220 | | | Pier 1 Imports, Inc. | | | 2,907,679 | |
| | 29,900 | | | Select Comfort Corp.* | | | 899,093 | |
| | 27,711 | | | Tile Shop Holdings, Inc.* | | | 393,219 | |
| | 98,069 | | | Wayfair, Inc. Class A* | | | 3,691,317 | |
| | 139,643 | | | zulily, Inc. Class A* | | | 1,820,945 | |
| | 9,000 | | | Zumiez, Inc.* | | | 239,670 | |
| | | | | | | | |
| | | | | | | 54,363,427 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.3% - (continued) | |
| | | | Semiconductors & Semiconductor Equipment - 3.0% | |
| | 10,800 | | | Advanced Energy Industries, Inc.* | | $ | 296,892 | |
| | 24,773 | | | Ambarella, Inc.* | | | 2,543,939 | |
| | 74,167 | | | Amkor Technology, Inc.* | | | 443,519 | |
| | 78,178 | | | Integrated Device Technology, Inc.* | | | 1,696,463 | |
| | 106,550 | | | Kulicke & Soffa Industries, Inc.* | | | 1,247,700 | |
| | 92,730 | | | MKS Instruments, Inc. | | | 3,518,176 | |
| | 62,310 | | | Qorvo, Inc.* | | | 5,001,624 | |
| | 81,920 | | | Rambus, Inc.* | | | 1,187,021 | |
| | 106,382 | | | SunEdison Semiconductor Ltd.* | | | 1,837,217 | |
| | 122,268 | | | SunEdison, Inc.* | | | 3,657,036 | |
| | 123,668 | | | SunPower Corp.* | | | 3,513,408 | |
| | 22,400 | | | Tessera Technologies, Inc. | | | 850,752 | |
| | | | | | | | |
| | | | | | | 25,793,747 | |
| | | | | | | | |
| | | | Software & Services - 19.7% | |
| | 185,956 | | | Aspen Technology, Inc.* | | | 8,470,296 | |
| | 64,200 | | | AVG Technologies N.V.* | | | 1,746,882 | |
| | 24,071 | | | Barracuda Networks, Inc.* | | | 953,693 | |
| | 9,400 | | | BroadSoft, Inc.* | | | 324,958 | |
| | 37,302 | | | CACI International, Inc. Class A* | | | 3,017,359 | |
| | 93,730 | | | Cardtronics, Inc.* | | | 3,472,696 | |
| | 86,527 | | | Cass Information Systems, Inc. | | | 4,864,548 | |
| | 16,544 | | | Cimpress N.V.* | | | 1,392,343 | |
| | 109,903 | | | comScore, Inc.* | | | 5,853,434 | |
| | 11,151 | | | Constant Contact, Inc.* | | | 320,703 | |
| | 58,700 | | | CSG Systems International, Inc. | | | 1,858,442 | |
| | 39,667 | | | Demandware, Inc.* | | | 2,819,530 | |
| | 68,831 | | | Ellie Mae, Inc.* | | | 4,803,715 | |
| | 84,675 | | | EPAM Systems, Inc.* | | | 6,031,400 | |
| | 58,834 | | | ePlus, Inc.* | | | 4,509,626 | |
| | 4,500 | | | Euronet Worldwide, Inc.* | | | 277,650 | |
| | 239,409 | | | Everyday Health, Inc.* | | | 3,059,647 | |
| | 160,916 | | | Exlservice Holdings, Inc.* | | | 5,564,475 | |
| | 93,174 | | | Fair Isaac Corp. | | | 8,458,336 | |
| | 404,784 | | | Five9, Inc.* | | | 2,117,020 | |
| | 173,368 | | | Fleetmatics Group Ltd.* | | | 8,118,823 | |
| | 48,329 | | | Guidewire Software, Inc.* | | | 2,558,054 | |
| | 134,231 | | | Heartland Payment Systems, Inc. | | | 7,255,186 | |
| | 85,039 | | | HubSpot, Inc.* | | | 4,216,234 | |
| | 19,893 | | | Imperva, Inc.* | | | 1,346,756 | |
| | 50,841 | | | Infoblox, Inc.* | | | 1,332,543 | |
| | 90,100 | | | j2 Global, Inc. | | | 6,121,394 | |
| | 26,091 | | | Logmein, Inc.* | | | 1,682,609 | |
| | 6,757 | | | Luxoft Holding, Inc.* | | | 382,108 | |
| | 147,313 | | | Manhattan Associates, Inc.* | | | 8,787,220 | |
| | 97,152 | | | Marketo, Inc.* | | | 2,726,085 | |
| | 83,056 | | | MAXIMUS, Inc. | | | 5,459,271 | |
| | 228,096 | | | Model N, Inc.* | | | 2,716,623 | |
| | 140,725 | | | NetScout Systems, Inc.* | | | 5,160,386 | |
| | 12,525 | | | NeuStar, Inc. Class A* | | | 365,855 | |
| | 13,225 | | | Pegasystems, Inc. | | | 302,720 | |
| | 169,886 | | | PTC, Inc.* | | | 6,968,724 | |
| | 105,271 | | | Q2 Holdings, Inc.* | | | 2,973,906 | |
| | 80,811 | | | Qualys, Inc.* | | | 3,260,724 | |
| | 20,923 | | | Science Applications International Corp. | | | 1,105,781 | |
| | 64,584 | | | Solera Holdings, Inc. | | | 2,877,863 | |
| | 35,499 | | | SS&C Technologies Holdings, Inc. | | | 2,218,687 | |
| | 25,016 | | | Sykes Enterprises, Inc.* | | | 606,638 | |
| | 69,754 | | | Tyler Technologies Corp.* | | | 9,024,773 | |
| | 42,119 | | | VASCO Data Security International, Inc.* | | | 1,271,573 | |
| | 89,279 | | | Verint Systems, Inc.* | | | 5,423,253 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford SmallCap Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 97.3% - (continued) | |
| | | | Software & Services - 19.7% - (continued) | |
| | 96,362 | | | WebMD Health Corp.* | | $ | 4,266,909 | |
| | 35,830 | | | WEX, Inc.* | | | 4,083,545 | |
| | | | | | | | |
| | | | | | | 172,530,996 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 2.6% | |
| | 20,400 | | | Alliance Fiber Optic Products, Inc. | | | 378,420 | |
| | 91,436 | | | CDW Corp. of Delaware | | | 3,134,426 | |
| | 109,861 | | | Ciena Corp.* | | | 2,601,509 | |
| | 95,040 | | | Cognex Corp. | | | 4,571,424 | |
| | 5,223 | | | Comtech Telecommunications Corp. | | | 151,728 | |
| | 24,308 | | | DTS, Inc.* | | | 741,151 | |
| | 34,055 | | | FEI Co. | | | 2,824,181 | |
| | 17,400 | | | Infinera Corp.* | | | 365,052 | |
| | 27,031 | | | InterDigital, Inc. | | | 1,537,794 | |
| | 26,387 | | | Methode Electronics, Inc. | | | 724,323 | |
| | 20,100 | | | Polycom, Inc.* | | | 229,944 | |
| | 148,400 | | | Quantum Corp.* | | | 249,312 | |
| | 65,700 | | | Rogers Corp.* | | | 4,345,398 | |
| | 174,846 | | | Sonus Networks, Inc.* | | | 1,209,934 | |
| | | | | | | | |
| | | | | | | 23,064,596 | |
| | | | | | | | |
| | | | Telecommunication Services - 0.4% | |
| | 84,900 | | | Cincinnati Bell, Inc.* | | | 324,318 | |
| | 36,800 | | | IDT Corp. Class B | | | 665,344 | |
| | 43,819 | | | Inteliquent, Inc. | | | 806,270 | |
| | 294,800 | | | Vonage Holdings Corp.* | | | 1,447,468 | |
| | | | | | | | |
| | | | | | | 3,243,400 | |
| | | | | | | | |
| | | | Transportation - 1.8% | |
| | 10,500 | | | Alaska Air Group, Inc. | | | 676,515 | |
| | 1,600 | | | Allegiant Travel Co. | | | 284,608 | |
| | 13,600 | | | ArcBest Corp. | | | 432,480 | |
| | 144,862 | | | Celadon Group, Inc. | | | 2,995,746 | |
| | 54,900 | | | Hawaiian Holdings, Inc.* | | | 1,303,875 | |
| | 21,200 | | | JetBlue Airways Corp.* | | | 440,112 | |
| | 105,522 | | | Marten Transport Ltd. | | | 2,289,827 | |
| | 7,975 | | | Matson, Inc. | | | 335,269 | |
| | 4,068 | | | Spirit Airlines, Inc.* | | | 252,623 | |
| | 265,618 | | | Swift Transportation Co.* | | | 6,021,560 | |
| | 22,100 | | | Werner Enterprises, Inc. | | | 580,125 | |
| | | | | | | | |
| | | | | | | 15,612,740 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $744,885,119) | | $ | 851,816,973 | |
| | | | | | | | |
|
| WARRANTS - 0.0% | |
| | | | Diversified Financials - 0.0% | |
| | 891 | | | Imperial Holdings, Inc.*(2) | | $ | — | |
| | | | | | | | |
| | |
| | | | Total Warrants
(cost $—) | | $ | — | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| EXCHANGE TRADED FUNDS - 1.9% | |
| | | | Other Investment Pools & Funds - 1.9% | |
| | 108,730 | | | iShares Russell 2000 Growth ETF | | $ | 16,807,483 | |
| | | | | | | | |
| | |
| | | | Total Exchange Traded Funds
(cost $16,516,532) | | $ | 16,807,483 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $761,401,651) | | $ | 868,624,456 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 0.8% | |
| | | | Other Investment Pools & Funds - 0.8% | |
| | 7,486,019 | | | Federated Prime Obligations Fund | | $ | 7,486,019 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $7,486,019) | | $ | 7,486,019 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $768,887,670)^ | | | 100.0 | % | | $ | 876,110,475 | |
| | Other Assets and Liabilities | | | 0.0 | % | | | (126,258 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 875,984,217 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford SmallCap Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Other than the industry classifications “Other Investment Pools and Funds,” equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $770,747,590 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 137,446,450 | |
Unrealized Depreciation | | | (32,083,565 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 105,362,885 | |
| | | | |
| (1) | This security is valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of this security was $91,200, which represents 0.0% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| (2) | The following security is considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
04/2014 | | | 891 | | | Imperial Holdings, Inc. Warrants | | $ | — | |
At June 30, 2015, the aggregate value of these securities were $0, which represents 0.0% of total net assets.
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ETF | | Exchange Traded Fund |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
|
| Hartford SmallCap Growth HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Automobiles & Components | | $ | 9,552,815 | | | $ | 9,552,815 | | | $ | — | | | $ | — | |
Banks | | | 24,101,583 | | | | 24,101,583 | | | | — | | | | — | |
Capital Goods | | | 70,785,546 | | | | 70,785,546 | | | | — | | | | — | |
Commercial & Professional Services | | | 29,997,306 | | | | 29,997,306 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 39,783,446 | | | | 39,783,446 | | | | — | | | | — | |
Consumer Services | | | 43,196,455 | | | | 43,196,455 | | | | — | | | | — | |
Diversified Financials | | | 16,197,641 | | | | 16,197,641 | | | | — | | | | — | |
Energy | | | 16,754,731 | | | | 16,754,731 | | | | — | | | | — | |
Food & Staples Retailing | | | 21,176,903 | | | | 21,176,903 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 14,991,723 | | | | 14,991,723 | | | | — | | | | — | |
Health Care Equipment & Services | | | 92,326,486 | | | | 92,235,286 | | | | — | | | | 91,200 | |
Household & Personal Products | | | 1,153,874 | | | | 1,153,874 | | | | — | | | | — | |
Insurance | | | 13,497,499 | | | | 13,497,499 | | | | — | | | | — | |
Materials | | | 41,328,333 | | | | 41,328,333 | | | | — | | | | — | |
Media | | | 444,443 | | | | 444,443 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 109,032,983 | | | | 109,032,983 | | | | — | | | | — | |
Real Estate | | | 12,886,300 | | | | 12,886,300 | | | | — | | | | — | |
Retailing | | | 54,363,427 | | | | 54,363,427 | | | | — | | | | — | |
Semiconductors & Semiconductor Equipment | | | 25,793,747 | | | | 25,793,747 | | | | — | | | | — | |
Software & Services | | | 172,530,996 | | | | 172,530,996 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 23,064,596 | | | | 23,064,596 | | | | — | | | | — | |
Telecommunication Services | | | 3,243,400 | | | | 3,243,400 | | | | — | | | | — | |
Transportation | | | 15,612,740 | | | | 15,612,740 | | | | — | | �� | | — | |
Warrants | | | — | | | | — | | | | 0 | | | | — | |
Exchange Traded Funds | | | 16,807,483 | | | | 16,807,483 | | | | — | | | | — | |
Short-Term Investments | | | 7,486,019 | | | | 7,486,019 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 876,110,475 | | | $ | 876,019,275 | | | $ | — | | | $ | 91,200 | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Common Stocks | | | Total | |
Beginning balance | | $ | — | | | $ | — | |
Purchases | | | 91,200 | | | | 91,200 | |
Sales | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | — | | | | — | |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | |
| | | | | | | | |
Ending balance | | $ | 91,200 | | | $ | 91,200 | |
| | The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $0. |
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 98.7% | |
| | | | Banks - 4.1% | |
| | 342,312 | | | PNC Financial Services Group, Inc. | | $ | 32,742,143 | |
| | 577,564 | | | Wells Fargo & Co. | | | 32,482,199 | |
| | | | | | | | |
| | | | | | | 65,224,342 | |
| | | | | | | | |
| | | | Capital Goods - 10.8% | |
| | 154,317 | | | General Dynamics Corp. | | | 21,865,176 | |
| | 430,502 | | | Honeywell International, Inc. | | | 43,898,289 | |
| | 210,102 | | | Lockheed Martin Corp. | | | 39,057,962 | |
| | 184,164 | | | Northrop Grumman Corp. | | | 29,213,935 | |
| | 346,696 | | | United Technologies Corp. | | | 38,458,987 | |
| | | | | | | | |
| | | | | | | 172,494,349 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 2.7% | |
| | 392,795 | | | NIKE, Inc. Class B | | | 42,429,716 | |
| | | | | | | | |
| | | | Consumer Services - 2.3% | |
| | 383,112 | | | McDonald’s Corp. | | | 36,422,458 | |
| | | | | | | | |
| | | | Diversified Financials - 1.7% | |
| | 78,835 | | | BlackRock, Inc. | | | 27,275,333 | |
| | | | | | | | |
| | | | Energy - 6.6% | |
| | 386,061 | | | Chevron Corp. | | | 37,243,304 | |
| | 447,909 | | | Exxon Mobil Corp. | | | 37,266,029 | |
| | 360,936 | | | Schlumberger Ltd. | | | 31,109,074 | |
| | | | | | | | |
| | | | | | | 105,618,407 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 7.3% | |
| | 202,359 | | | Costco Wholesale Corp. | | | 27,330,607 | |
| | 284,871 | | | CVS Health Corp. | | | 29,877,271 | |
| | 438,897 | | | Wal-Mart Stores, Inc. | | | 31,130,964 | |
| | 335,119 | | | Walgreens Boots Alliance, Inc. | | | 28,297,448 | |
| | | | | | | | |
| | | | | | | 116,636,290 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 5.9% | |
| | 200,347 | | | Anheuser-Busch InBev N.V. | | | 24,109,825 | |
| | 1,045,519 | | | Coca-Cola Co. | | | 41,015,710 | |
| | 1,034,614 | | | Diageo plc | | | 29,962,187 | |
| | | | | | | | |
| | | | | | | 95,087,722 | |
| | | | | | | | |
| | | | Health Care Equipment & Services - 7.6% | |
| | 468,277 | | | Cardinal Health, Inc. | | | 39,171,371 | |
| | 490,705 | | | Medtronic plc | | | 36,361,240 | |
| | 381,876 | | | UnitedHealth Group, Inc. | | | 46,588,872 | |
| | | | | | | | |
| | | | | | | 122,121,483 | |
| | | | | | | | |
| | | | Household & Personal Products - 3.8% | |
| | 501,334 | | | Colgate-Palmolive Co. | | | 32,792,257 | |
| | 367,553 | | | Procter & Gamble Co. | | | 28,757,347 | |
| | | | | | | | |
| | | | | | | 61,549,604 | |
| | | | | | | | |
| | | | Insurance - 6.6% | |
| | 420,223 | | | ACE Ltd. | | | 42,728,275 | |
| | 292,092 | | | Chubb Corp. | | | 27,789,633 | |
| | 631,038 | | | Marsh & McLennan Cos., Inc. | | | 35,779,854 | |
| | | | | | | | |
| | | | | | | 106,297,762 | |
| | | | | | | | |
| | | | Materials - 4.3% | |
| | 248,319 | | | Ecolab, Inc. | | | 28,077,430 | |
| | 334,526 | | | Praxair, Inc. | | | 39,992,583 | |
| | | | | | | | |
| | | | | | | 68,070,013 | |
| | | | | | | | |
| | | | Media - 1.6% | |
| | 221,756 | | | Walt Disney Co. | | | 25,311,230 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 98.7% - (continued) | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 9.9% | |
| | 177,687 | | | Amgen, Inc. | | $ | 27,278,509 | |
| | 410,598 | | | Johnson & Johnson | | | 40,016,881 | |
| | 680,371 | | | Merck & Co., Inc. | | | 38,733,521 | |
| | 609,019 | | | Pfizer, Inc. | | | 20,420,407 | |
| | 110,960 | | | Roche Holding AG | | | 31,112,232 | |
| | | | | | | | |
| | | | | | | 157,561,550 | |
| | | | | | | | |
| | | | Real Estate - 1.4% | |
| | 118,728 | | | Public Storage REIT | | | 21,889,881 | |
| | | | | | | | |
| | | | Retailing - 5.4% | |
| | 9,440,100 | | | Allstar Co.*(1)(2) | | | 9,912,105 | |
| | 465,241 | | | Lowe’s Cos., Inc. | | | 31,157,190 | |
| | 684,573 | | | TJX Cos., Inc. | | | 45,298,195 | |
| | | | | | | | |
| | | | | | | 86,367,490 | |
| | | | | | | | |
| | | | Software & Services - 10.0% | |
| | 439,602 | | | Accenture plc Class A | | | 42,544,682 | |
| | 467,526 | | | Automatic Data Processing, Inc. | | | 37,509,611 | |
| | 1,052,397 | | | Microsoft Corp. | | | 46,463,327 | |
| | 840,986 | | | Oracle Corp. | | | 33,891,736 | |
| | | | | | | | |
| | | | | | | 160,409,356 | |
| | | | | | | | |
| | | | Transportation - 6.7% | |
| | 624,860 | | | Canadian National Railway Co. | | | 36,050,770 | |
| | 201,430 | | | Union Pacific Corp. | | | 19,210,379 | |
| | 530,947 | | | United Parcel Service, Inc. Class B | | | 51,454,074 | |
| | | | | | | | |
| | | | | | | 106,715,223 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $1,250,088,272) | | $ | 1,577,482,209 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $1,250,088,272) | | $ | 1,577,482,209 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 1.2% | |
| | | | Other Investment Pools & Funds - 1.2% | |
| | 18,505,124 | | | Fidelity Money Market Class 1 | | $ | 18,505,124 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $18,505,124) | | $ | 18,505,124 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $1,268,593,396)^ | | | 99.9 | % | | $ | 1,595,987,333 | |
| | Other Assets and Liabilities | | | 0.1 | % | | | 1,574,522 | |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 1,597,561,855 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $1,270,958,380 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 346,948,732 | |
Unrealized Depreciation | | | (21,919,779 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 325,028,953 | |
| | | | |
| (1) | The following security is considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
08/2011 | | | 9,440,100 | | | Allstar Co. | | $ | 4,106,619 | |
At June 30, 2015, the aggregate value of these securities were $9,912,105, which represents 0.6% of total net assets.
| (2) | This security is valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of this security was $9,912,105, which represents 0.6% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
Banks | | $ | 65,224,342 | | | $ | 65,224,342 | | | $ | — | | | $ | — | |
Capital Goods | | | 172,494,349 | | | | 172,494,349 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 42,429,716 | | | | 42,429,716 | | | | — | | | | — | |
Consumer Services | | | 36,422,458 | | | | 36,422,458 | | | | — | | | | — | |
Diversified Financials | | | 27,275,333 | | | | 27,275,333 | | | | — | | | | — | |
Energy | | | 105,618,407 | | | | 105,618,407 | | | | — | | | | — | |
Food & Staples Retailing | | | 116,636,290 | | | | 116,636,290 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 95,087,722 | | | | 41,015,710 | | | | 54,072,012 | | | | — | |
Health Care Equipment & Services | | | 122,121,483 | | | | 122,121,483 | | | | — | | | | — | |
Household & Personal Products | | | 61,549,604 | | | | 61,549,604 | | | | — | | | | — | |
Insurance | | | 106,297,762 | | | | 106,297,762 | | | | — | | | | — | |
Materials | | | 68,070,013 | | | | 68,070,013 | | | | — | | | | — | |
Media | | | 25,311,230 | | | | 25,311,230 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 157,561,550 | | | | 126,449,318 | | | | 31,112,232 | | | | — | |
Real Estate | | | 21,889,881 | | | | 21,889,881 | | | | — | | | | — | |
Retailing | | | 86,367,490 | | | | 76,455,385 | | | | — | | | | 9,912,105 | |
Software & Services | | | 160,409,356 | | | | 160,409,356 | | | | — | | | | — | |
Transportation | | | 106,715,223 | | | | 106,715,223 | | | | — | | | | — | |
Short-Term Investments | | | 18,505,124 | | | | 18,505,124 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 1,595,987,333 | | | $ | 1,500,890,984 | | | $ | 85,184,244 | | | $ | 9,912,105 | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Common Stocks | | | Total | |
Beginning balance | | $ | 9,754,455 | | | $ | 9,754,455 | |
Purchases | | | — | | | | — | |
Sales | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | 157,650 | | | | 157,650 | |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | |
| | | | | | | | |
Ending balance | | $ | 9,912,105 | | | $ | 9,912,105 | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $157,650.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% | |
| | | | Asset-Backed-Automobile - 1.9% | | | |
| | $ | | | | 3,800,000 | | | AmeriCredit Automobile Receivables Trust
2.72%, 09/09/2019 | | $ | 3,881,822 | |
| | | | | 188,839 | | | CPS Automotive Trust
5.01%, 06/17/2019(1) | | | 192,390 | |
| | | | | | | | Credit Acceptance Automotive Loan Trust | | | | |
| | | | | 8,005,000 | | | 1.88%, 03/15/2022(1) | | | 8,031,320 | |
| | | | | 1,860,000 | | | 2.21%, 09/15/2020(1) | | | 1,868,221 | |
| | | | | | | | First Investors Automotive Owner Trust | | | | |
| | | | | 2,665,000 | | | 1.49%, 01/15/2020(1) | | | 2,668,822 | |
| | | | | 6,495,000 | | | 1.67%, 11/16/2020(1) | | | 6,490,116 | |
| | | | | 1,295,000 | | | 1.81%, 10/15/2018(1) | | | 1,299,953 | |
| | | | | 1,750,000 | | | 2.39%, 11/16/2020(1) | | | 1,751,554 | |
| | | | | 1,260,000 | | | GM Financial Automobile Leasing Trust 1.96%, 03/20/2018(1) | | | 1,267,527 | |
| | | | | | | | Santander Drive Automotive Receivables Trust | | | | |
| | | | | 4,790,000 | | | 1.55%, 10/15/2018 | | | 4,814,142 | |
| | | | | 1,920,000 | | | 1.82%, 05/15/2019 | | | 1,922,556 | |
| | | | | 7,530,000 | | | 1.83%, 01/15/2020 | | | 7,514,292 | |
| | | | | 1,385,000 | | | 2.25%, 06/17/2019 | | | 1,401,729 | |
| | | | | 4,500,000 | | | 2.36%, 04/15/2020 | | | 4,530,695 | |
| | | | | 8,275,000 | | | Westlake Automobile Receivables Trust 1.58%, 04/15/2020(1) | | | 8,292,328 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 55,927,467 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed-Finance & Insurance - 13.6% | |
| | | | | 9,180,000 | | | American Money Management Corp
1.73%, 07/27/2026(1)(2) | | | 9,171,738 | |
| | | | | 2,555,000 | | | Apidos CDO
2.13%, 07/15/2023(1)(2) | | | 2,551,934 | |
| | | | | 6,015,000 | | | Apidos CLO
1.73%, 01/19/2025(1)(2) | | | 6,009,587 | |
| | | | | | | | Ares CLO Ltd. | | | | |
| | | | | 8,212,924 | | | 1.13%, 04/20/2023(1)(2) | | | 8,190,750 | |
| | | | | 10,350,000 | | | 1.80%, 04/17/2026(1)(2) | | | 10,351,035 | |
| | | | | | | | Atlas Senior Loan Fund Ltd. | | | | |
| | | | | 7,610,000 | | | 1.82%, 10/15/2026(1)(2) | | | 7,606,195 | |
| | | | | 4,200,000 | | | 1.83%, 07/16/2026(1)(2) | | | 4,200,000 | |
| | | | | 3,535,000 | | | Atrium CDO Corp.
2.03%, 11/16/2022(1)(2) | | | 3,509,195 | |
| | | | | 790,000 | | | Atrium X
1.40%, 07/16/2025(1)(2) | | | 778,782 | |
| | | | | 3,980,000 | | | Avalon IV Capital Ltd.
2.12%, 04/17/2023(1)(2) | | | 3,975,224 | |
| | | | | 10,050,000 | | | Avery Point CLO Ltd.
1.80%, 04/25/2026(1)(2) | | | 10,048,995 | |
| | | | | 2,330,000 | | | Babson CLO Ltd.
1.77%, 07/20/2025(1)(2) | | | 2,329,301 | |
| | | | | 1,499,667 | | | Cal Funding II Ltd.
3.47%, 10/25/2027(1) | | | 1,502,156 | |
| | | | | 7,890,000 | | | Carlyle Global Market Strategies 1.74%, 04/27/2027(1)(2) | | | 7,890,789 | |
| | | | | | | | Cent CLO Ltd. | | | | |
| | | | | 9,345,000 | | | 1.76%, 01/25/2026(1)(2) | | | 9,342,196 | |
| | | | | 8,090,000 | | | 1.77%, 04/17/2026(1)(2) | | | 8,112,652 | |
| | | | | 6,305,000 | | | 1.77%, 07/27/2026(1)(2) | | | 6,303,739 | |
| | | | | 3,115,000 | | | 2.33%, 04/17/2026(1)(2) | | | 3,105,344 | |
| | | | | | | | CIFC Funding Ltd. | | | | |
| | | | | 8,965,000 | | | 1.76%, 05/24/2026(1)(2) | | | 8,948,863 | |
| | | | | 7,240,000 | | | 2.38%, 08/14/2024(1)(2) | | | 7,295,024 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% - (continued) | |
| | | | | | | Asset-Backed-Finance & Insurance - 13.6% - (continued) | |
| | $ | | | | 1,985,929 | | | Consumer Credit Origination Loan Trust 2.82%, 03/15/2021(1) | | $ | 1,997,674 | |
| | | | | | | | Dryden Senior Loan Fund | | | | |
| | | | | 10,915,000 | | | 1.63%, 04/18/2026(1)(2) | | | 10,877,889 | |
| | | | | 6,710,000 | | | 1.70%, 07/15/2027(1)(2) | | | 6,652,965 | |
| | | | | 10,870,000 | | | 1.76%, 07/15/2026(1)(2) | | | 10,871,087 | |
| | | | | 1,803,739 | | | Fieldstone Mortgage Investment Corp. 0.46%, 05/25/2036(2) | | | 1,188,228 | |
| | | | | 3,267,261 | | | First Franklin Mortgage Loan Trust 0.43%, 04/25/2036(2) | | | 2,117,652 | |
| | | | | 2,210,000 | | | Flatiron CLO Ltd.
2.17%, 07/17/2026(1)(2) | | | 2,207,127 | |
| | | | | 8,670,000 | | | Gramercy Park CLO Ltd. 1.57%, 07/17/2023(1)(2) | | | 8,666,532 | |
| | | | | 4,581,530 | | | GSAMP Trust
0.28%, 01/25/2037(2) | | | 2,728,136 | |
| | | | | | | | ING Investment Management CLO Ltd. | | | | |
| | | | | 4,776,931 | | | 1.48%, 03/14/2022(1)(2) | | | 4,774,542 | |
| | | | | 10,895,000 | | | 1.78%, 04/18/2026(1)(2) | | | 10,890,642 | |
| | | | | 3,335,000 | | | 2.14%, 03/14/2022(1)(2) | | | 3,330,665 | |
| | | | | 1,345,000 | | | LCM Ltd.
2.17%, 04/15/2022(1)(2) | | | 1,343,386 | |
| | | | | 11,335,000 | | | Limerock CLO
1.78%, 04/18/2026(1)(2) | | | 11,330,466 | |
| | | | | | | | Madison Park Funding Ltd. | | | | |
| | | | | 6,520,000 | | | 1.73%, 01/19/2025(1)(2) | | | 6,504,352 | |
| | | | | 9,860,000 | | | 1.78%, 07/20/2026(1)(2) | | | 9,858,028 | |
| | | | | | | | Magnetite CLO Ltd. | | | | |
| | | | | 8,310,000 | | | 1.70%, 07/25/2026(1)(2) | | | 8,291,718 | |
| | | | | 6,540,000 | | | 1.76%, 04/15/2026(1)(2) | | | 6,540,000 | |
| | | | | 5,835,000 | | | 1.82%, 04/15/2027(1)(2) | | | 5,835,000 | |
| | | | | 6,695,000 | | | 2.23%, 07/25/2026(1)(2) | | | 6,686,297 | |
| | | | | | | | Neuberger Berman CLO Ltd. | | | | |
| | | | | 8,335,000 | | | 1.75%, 04/15/2026(1)(2) | | | 8,331,666 | |
| | | | | 8,265,000 | | | 1.75%, 08/04/2025(1)(2) | | | 8,260,867 | |
| | | | | 7,885,000 | | | Oaktree EIF II Ltd.
1.91%, 02/15/2026(1)(2) | | | 7,888,154 | |
| | | | | 6,780,000 | | | OCP CLO Ltd.
1.80%, 04/17/2027(1)(2) | | | 6,777,966 | |
| | | | | 3,030,000 | | | OHA Credit Partners Ltd. 1.75%, 07/20/2026(1)(2) | | | 3,025,758 | |
| | | | | 9,445,000 | | | OHA Loan Funding Ltd. 1.77%, 02/15/2027(1)(2) | | | 9,435,555 | |
| | | | | | | | OZLM Funding Ltd. | | | | |
| | | | | 7,495,000 | | | 1.74%, 04/30/2027(1)(2) | | | 7,470,266 | |
| | | | | 10,530,000 | | | 1.82%, 04/17/2026(1)(2) | | | 10,528,947 | |
| | | | | 9,700,000 | | | Race Point IX CLO Ltd. 1.77%, 04/15/2027(1)(2) | | | 9,747,530 | |
| | | | | 5,250,000 | | | SBA Tower Trust
2.90%, 10/15/2044(1) | | | 5,276,287 | |
| | | | | 545,196 | | | Securitized Asset Backed Receivables LLC
0.28%, 07/25/2036(2) | | | 271,136 | |
| | | | | 7,360,000 | | | Seneca Park CLO Ltd.
1.75%, 07/17/2026(1)(2) | | | 7,368,096 | |
| | | | | 7,325,000 | | | Shackleton CLO Ltd.
1.75%, 07/17/2026(1)(2) | | | 7,324,267 | |
| | | | | | | | Sound Point CLO Ltd. | | | | |
| | | | | 6,354,000 | | | 1.65%, 01/21/2026(1)(2) | | | 6,318,418 | |
| | | | | 7,680,000 | | | 1.79%, 04/15/2027(1)(2) | | | 7,687,680 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% - (continued) | |
| | | | | | | Asset-Backed-Finance & Insurance - 13.6% - (continued) | |
| | $ | | | | 6,403,951 | | | SpringCastle America Funding LLC 2.70%, 05/25/2023(1) | | $ | 6,443,591 | |
| | | | | 7,805,000 | | | Springleaf Funding Trust 2.41%, 12/15/2022(1) | | | 7,814,756 | |
| | | | | 8,030,000 | | | Symphony CLO L.P.
2.00%, 01/09/2023(1)(2) | | | 7,996,274 | |
| | | | | 8,660,000 | | | Symphony CLO Ltd.
1.75%, 07/14/2026(1)(2) | | | 8,666,928 | |
| | | | | 7,955,000 | | | Tremen Park Ltd.
1.76%, 04/20/2027(1)(2) | | | 7,958,977 | |
| | | | | 7,915,000 | | | Venture CLO Ltd.
1.58%, 11/14/2022(1)(2) | | | 7,911,042 | |
| | | | | | | | Voya CLO Ltd. | | | | |
| | | | | 2,915,000 | | | 1.73%, 07/17/2026(1)(2) | | | 2,913,251 | |
| | | | | 7,550,000 | | | 1.76%, 04/18/2027(1)(2) | | | 7,552,265 | |
| | | | | 2,670,000 | | | 2.38%, 04/18/2027(1)(2) | | | 2,671,602 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 409,557,164 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed-Home Equity - 0.7% | |
| | | | | | | | GSAA Home Equity Trust | | | | |
| | | | | 13,962,870 | | | 0.27%, 02/25/2037(2) | | | 7,439,208 | |
| | | | | 7,048,881 | | | 0.29%, 03/25/2037(2) | | | 3,764,469 | |
| | | | | 5,036,924 | | | 0.37%, 11/25/2036(2) | | | 2,723,933 | |
| | | | | 1,808,778 | | | 0.42%, 04/25/2047(2) | | | 1,194,721 | |
| | | | | 169,906 | | | 0.43%, 11/25/2036(2) | | | 103,856 | |
| | | | | 1,425,695 | | | 0.49%, 03/25/2036(2) | | | 1,013,471 | |
| | | | | 802,448 | | | 5.88%, 09/25/2036 | | | 459,538 | |
| | | | | 727,605 | | | Morgan Stanley Asset-Backed Securities Capital I
0.34%, 06/25/2036(2) | | | 661,971 | |
| | | | | 1,815,174 | | | Morgan Stanley Mortgage Loan Trust 0.36%, 11/25/2036(2) | | | 910,573 | |
| | | | | 439,539 | | | Renaissance Home Equity Loan Trust 5.91%, 04/25/2037 | | | 248,402 | |
| | | | | | | | Soundview Home Loan Trust | | | | |
| | | | | 3,225,000 | | | 0.37%, 07/25/2037(2) | | | 2,005,989 | |
| | | | | 1,090,000 | | | 0.44%, 11/25/2036(2) | | | 752,099 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 21,278,230 | |
| | | | | | | | | | | | |
| | | | | | | Collateralized-Mortgage Obligations - 0.0% | |
| | | | | 594,085 | | | National Credit Union Administration 1.84%, 10/07/2020 | | | 596,201 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Mortgage-Backed Securities - 12.2% | |
| | | | | 3,276,652 | | | Banc of America Commercial Mortgage Trust
5.49%, 02/10/2051 | | | 3,459,459 | |
| | | | | 3,496,181 | | | Banc of America Commercial Mortgage, Inc.
5.33%, 09/10/2047(2) | | | 3,513,875 | |
| | | | | | | | Bear Stearns Commercial Mortgage Securities, Inc. | | | | |
| | | | | 1,105,000 | | | 5.26%, 10/12/2042(2) | | | 1,104,632 | |
| | | | | 2,450,179 | | | 5.33%, 02/11/2044 | | | 2,577,375 | |
| | | | | 5,452,832 | | | 5.41%, 12/11/2040(2) | | | 5,484,164 | |
| | | | | 1,936,484 | | | 5.47%, 01/12/2045(2) | | | 2,042,894 | |
| | | | | 5,502,129 | | | 5.69%, 06/11/2050(2) | | | 5,865,275 | |
| | | | | 510,000 | | | 5.77%, 04/12/2038(2) | | | 524,491 | |
| | | | | | | | Citigroup Commercial Mortgage Trust | | | | |
| | | | | 25,559,804 | | | 1.29%, 07/10/2047(2)(3) | | | 1,899,732 | |
| | | | | 27,493,480 | | | 1.32%, 04/10/2048(2)(3) | | | 2,215,947 | |
| | | | | 4,135,000 | | | 4.02%, 03/10/2047 | | | 4,382,666 | |
| | | | | 1,175,000 | | | 4.56%, 03/10/2047(1)(2) | | | 923,027 | |
| | | | | 445,000 | | | 5.06%, 03/10/2047(1)(2) | | | 415,787 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% - (continued) | |
| | | | | | | Commercial Mortgage-Backed Securities - 12.2% - (continued) | |
| | | | | | | | Citigroup/Deutsche Bank Commercial Mortgage Trust | | | | |
| | $ | | | | 9,595,000 | | | 5.32%, 12/11/2049 | | $ | 9,997,433 | |
| | | | | 4,789,275 | | | 5.48%, 01/15/2046(2) | | | 4,824,304 | |
| | | | | 1,100,000 | | | Cobalt CMBS Commercial Mortgage Trust 5.25%, 08/15/2048 | | | 1,128,173 | |
| | | | | 10,757,947 | | | Commercial Mortgage Loan Trust 6.24%, 12/10/2049(2) | | | 11,395,635 | |
| | | | | | | | Commercial Mortgage Pass-Through Certificates | | | | |
| | | | | 10,075,721 | | | 1.03%, 02/10/2047(2)(3) | | | 455,140 | |
| | | | | 16,370,414 | | | 2.40%, 07/10/2046(1)(2)(3) | | | 848,135 | |
| | | | | 650,000 | | | 2.85%, 10/15/2045 | | | 647,311 | |
| | | | | 4,375,000 | | | 3.96%, 03/10/2047 | | | 4,619,974 | |
| | | | | 3,555,000 | | | 4.02%, 07/10/2045 | | | 3,803,989 | |
| | | | | 5,200,000 | | | 4.05%, 04/10/2047 | | | 5,528,962 | |
| | | | | 1,315,000 | | | 4.75%, 10/15/2045(1)(2) | | | 1,028,961 | |
| | | | | 4,210,298 | | | 5.94%, 06/10/2046(2) | | | 4,309,505 | |
| | | | | | | | Commercial Mortgage Trust | | | | |
| | | | | 6,780,000 | | | 3.42%, 03/10/2031(1) | | | 6,858,363 | |
| | | | | 1,092,379 | | | 5.44%, 03/10/2039 | | | 1,148,461 | |
| | | | | 8,355,000 | | | 5.74%, 12/10/2049 | | | 8,866,944 | |
| | | | | 337,851 | | | 6.01%, 07/10/2038(2) | | | 345,346 | |
| | | | | | | | Community or Commercial Mortgage Trust | | | | |
| | | | | 2,400,000 | | | 3.69%, 08/10/2047 | | | 2,465,285 | |
| | | | | 3,155,000 | | | 4.01%, 04/10/2047 | | | 3,344,382 | |
| | | | | 4,515,000 | | | 4.38%, 07/10/2045(2) | | | 4,908,098 | |
| | | | | | | | Credit Suisse Commercial Mortgage Trust | | | | |
| | | | | 352,617 | | | 5.89%, 06/15/2039(2) | | | 371,678 | |
| | | | | 1,975,000 | | | 6.17%, 02/15/2041(2) | | | 2,136,905 | |
| | | | | 5,892,825 | | | Credit Suisse Mortgage Capital Certificates 5.47%, 09/15/2039 | | | 6,087,064 | |
| | | | | | | | CS First Boston Mortgage Securities Corp. | | | | |
| | | | | 326,900 | | | 4.77%, 07/15/2037 | | | 326,783 | |
| | | | | 4,968,476 | | | 4.88%, 04/15/2037 | | | 4,973,842 | |
| | | | | 66,127,081 | | | CSAIL Commercial Mortgage Trust 1.06%, 06/15/2057(2)(3) | | | 4,106,624 | |
| | | | | 24,530,030 | | | DBUBS Mortgage Trust 1.53%, 11/10/2046(1)(2)(3) | | | 455,792 | |
| | | | | 3,175,000 | | | Four Times Square Trust 5.40%, 12/13/2028(1) | | | 3,561,442 | |
| | | | | | | | FREMF Mortgage Trust | | | | |
| | | | | 4,680,000 | | | 3.08%, 10/25/2047(1)(2) | | | 4,713,191 | |
| | | | | 5,485,000 | | | 5.41%, 09/25/2043(1)(2) | | | 6,097,071 | |
| | | | | 3,720,453 | | | GE Business Loan Trust 1.19%, 05/15/2034(1)(2) | | | 3,070,397 | |
| | | | | 2,215,877 | | | GE Capital Commercial Mortgage Corp. 5.50%, 11/10/2045(2) | | | 2,221,006 | |
| | | | | 1,020,000 | | | GE Commercial Mortgage Corp. Series 5.61%, 12/10/2049(2) | | | 1,064,199 | |
| | | | | 2,205,659 | | | GMAC Commercial Mortgage Securities, Inc.
5.24%, 11/10/2045(2) | | | 2,217,201 | |
| | | | | | | | GS Mortgage Securities Trust | | | | |
| | | | | 52,837,309 | | | 0.34%, 07/10/2046(2)(3) | | | 535,876 | |
| | | | | 10,712,415 | | | 1.82%, 08/10/2044(1)(2)(3) | | | 551,636 | |
| | | | | 4,340,000 | �� | | 2.95%, 11/05/2034(1) | | | 4,280,433 | |
| | | | | 1,060,000 | | | 3.58%, 06/10/2047(1) | | | 761,322 | |
| | | | | 1,580,166 | | | 3.67%, 04/10/2047(1) | | | 1,110,920 | |
| | | | | 4,510,000 | | | 3.68%, 04/10/2047 | | | 4,724,690 | |
| | | | | 6,235,000 | | | 3.86%, 06/10/2047 | | | 6,517,782 | |
| | | | | 4,110,000 | | | 4.00%, 04/10/2047 | | | 4,347,940 | |
| | | | | 2,960,000 | | | 5.03%, 04/10/2047(1)(2) | | | 2,735,309 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% - (continued) | |
| | | | | | | Commercial Mortgage-Backed Securities - 12.2% - (continued) | |
| | | | | | | | Hilton USA Trust | | | | |
| | $ | | | | 5,985,000 | | | 2.66%, 11/05/2030 | | $ | 5,947,121 | |
| | | | | 1,182,558 | | | 2.93%, 11/05/2030(1)(2) | | | 1,182,558 | |
| | | | | | | | JP Morgan Chase Commercial Mortgage Securities Corp. | | | | |
| | | | | 1,675,924 | | | 4.57%, 12/15/2047(1)(2) | | | 1,484,981 | |
| | | | | 3,582,754 | | | 5.41%, 12/15/2044(2) | | | 3,590,797 | |
| | | | | | | | JP Morgan Chase Commercial Mortgage Securities Trust | | | | |
| | | | | 8,800,578 | | | 1.69%, 02/12/2051(2) | | | 8,669,731 | |
| | | | | 2,185,000 | | | 2.73%, 10/15/2045(1)(2) | | | 1,450,993 | |
| | | | | 3,544,721 | | | 3.91%, 05/05/2030(1) | | | 3,677,843 | |
| | | | | 1,075,000 | | | 4.82%, 10/15/2045(1)(2) | | | 1,037,204 | |
| | | | | 9,240,456 | | | 5.34%, 05/15/2047 | | | 9,647,673 | |
| | | | | 5,596,592 | | | 5.42%, 01/12/2043(2) | | | 5,604,769 | |
| | | | | 1,826,737 | | | 5.72%, 02/15/2051 | | | 1,949,180 | |
| | | | | 8,424,819 | | | 5.89%, 02/12/2049(2) | | | 8,939,558 | |
| | | | | | | | JPMBB Commercial Mortgage Securities Trust | | | | |
| | | | | 8,395,000 | | | 0.97%, 05/15/2048(2)(3) | | | 452,491 | |
| | | | | 30,016,421 | | | 1.03%, 09/15/2047(2)(3) | | | 1,440,698 | |
| | | | | 3,225,000 | | | 3.80%, 09/15/2047 | | | 3,342,193 | |
| | | | | | | | LB-UBS Commercial Mortgage Trust | | | | |
| | | | | 10,566,845 | | | 5.86%, 07/15/2040(2) | | | 11,129,741 | |
| | | | | 1,396,864 | | | 6.32%, 04/15/2041(2) | | | 1,517,316 | |
| | | | | 972,833 | | | Lehman Brothers Small Balance Commercial
5.52%, 09/25/2030(1)(2) | | | 973,981 | |
| | | | | 1,835,059 | | | Merrill Lynch Mortgage Investors Trust 5.14%, 07/12/2038(2) | | | 1,835,143 | |
| | | | | | | | Merrill Lynch/Countrywide Commercial Mortgage Trust | | | | |
| | | | | 8,927,636 | | | 5.38%, 08/12/2048 | | | 9,305,275 | |
| | | | | 2,285,000 | | | 5.42%, 08/12/2048 | | | 2,394,237 | |
| | | | | 4,830,000 | | | 5.70%, 09/12/2049 | | | 5,145,558 | |
| | | | | 6,376,693 | | | 5.81%, 06/12/2050(2) | | | 6,791,446 | |
| | | | | | | | Morgan Stanley Bank of America Merrill Lynch Trust | | | | |
| | | | | 16,330,825 | | | 1.32%, 12/15/2047(2)(3) | | | 1,157,872 | |
| | | | | 4,320,000 | | | 3.74%, 08/15/2047 | | | 4,465,653 | |
| | | | | 1,530,000 | | | 4.06%, 02/15/2047 | | | 1,623,220 | |
| | | | | 1,605,000 | | | 4.50%, 08/15/2045(1) | | | 1,224,443 | |
| | | | | | | | Morgan Stanley Capital I Trust | | | | |
| | | | | 80,393,798 | | | 1.06%, 09/15/2047(1)(2)(3) | | | 1,153,169 | |
| | | | | 4,920,000 | | | 3.47%, 08/11/2029(1) | | | 5,072,938 | |
| | | | | 1,460,000 | | | 5.36%, 07/15/2049(1)(2) | | | 1,300,133 | |
| | | | | 972,305 | | | 5.36%, 11/14/2042(2) | | | 972,660 | |
| | | | | 545,000 | | | 5.55%, 10/12/2052(1)(2) | | | 549,811 | |
| | | | | 375,000 | | | 5.55%, 10/12/2052(1)(2) | | | 374,555 | |
| | | | | 535,000 | | | 5.57%, 12/15/2044 | | | 567,711 | |
| | | | | 10,889,000 | | | 5.69%, 04/15/2049(2) | | | 11,515,597 | |
| | | | | 4,647,588 | | | 5.81%, 12/12/2049 | | | 4,987,782 | |
| | | | | 558,312 | | | 5.85%, 10/15/2042(2) | | | 562,305 | |
| | | | | 1,050,000 | | | 6.46%, 01/11/2043(1)(2) | | | 1,088,471 | |
| | | | | | | | Morgan Stanley Re-Remic Trust | | | | |
| | | | | 4,229,296 | | | 5.99%, 08/12/2045(1)(2) | | | 4,478,312 | |
| | | | | 2,279,621 | | | 5.99%, 08/15/2045(1)(2) | | | 2,413,842 | |
| | | | | | | | UBS-Barclays Commercial Mortgage Trust | | | | |
| | | | | 4,680,000 | | | 3.19%, 03/10/2046 | | | 4,723,880 | |
| | | | | 985,000 | | | 4.23%, 03/10/2046(1)(2) | | | 804,225 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% - (continued) | |
| | | | | | | Commercial Mortgage-Backed Securities - 12.2% - (continued) | |
| | | | | | | | Wachovia Bank Commercial Mortgage Trust | | | | |
| | $ | | | | 982,951 | | | 5.31%, 11/15/2048 | | $ | 1,021,829 | |
| | | | | 2,130,000 | | | 5.70%, 03/15/2042(1)(2) | | | 2,125,159 | |
| | | | | | | | Wells Fargo Commercial Mortgage Trust | | | | |
| | | | | 21,877,920 | | | 1.35%, 05/15/2048(2)(3) | | | 1,754,478 | |
| | | | | 6,965,000 | | | 2.92%, 10/15/2045 | | | 7,006,915 | |
| | | | | 3,220,000 | | | 3.82%, 08/15/2050 | | | 3,358,228 | |
| | | | | 665,000 | | | 4.24%, 05/15/2048(2) | | | 575,450 | |
| | | | | | | | WF-RBS Commercial Mortgage Trust | | | | |
| | | | | 2,410,233 | | | 2.92%, 08/15/2047 | | | 2,488,313 | |
| | | | | 175,000 | | | 3.44%, 04/15/2045 | | | 182,223 | |
| | | | | 6,700,000 | | | 3.68%, 08/15/2047 | | | 6,921,797 | |
| | | | | 120,000 | | | 3.88%, 08/15/2046 | | | 127,362 | |
| | | | | 3,850,000 | | | 4.00%, 05/15/2047 | | | 4,086,394 | |
| | | | | 6,150,000 | | | 4.05%, 03/15/2047 | | | 6,572,019 | |
| | | | | 3,173,865 | | | 4.10%, 03/15/2047 | | | 3,404,707 | |
| | | | | 315,000 | | | 4.50%, 03/15/2048(1)(2) | | | 297,055 | |
| | | | | 550,000 | | | 4.90%, 06/15/2044(1)(2) | | | 615,582 | |
| | | | | 710,000 | | | 5.00%, 06/15/2044(1)(2) | | | 663,692 | |
| | | | | 815,000 | | | 5.00%, 04/15/2045(1)(2) | | | 647,114 | |
| | | | | 1,045,000 | | | 5.75%, 04/15/2045(1)(2) | | | 1,075,625 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 367,373,836 | |
| | | | | | | | | | | | |
| | | | | | | Whole Loan Collateral CMO - 4.2% | |
| | | | | | | | Adjustable Rate Mortgage Trust | | | | |
| | | | | 1,568,701 | | | 0.45%, 01/25/2036(2) | | | 1,313,361 | |
| | | | | 1,015,174 | | | 0.46%, 11/25/2035(2) | | | 925,811 | |
| | | | | 1,403,798 | | | 0.69%, 01/25/2036(2) | | | 1,214,422 | |
| | | | | | | | American Home Mortgage Assets Trust | | | | |
| | | | | 1,324,935 | | | 0.38%, 09/25/2046(2) | | | 974,526 | |
| | | | | 2,239,852 | | | 1.10%, 10/25/2046(2) | | | 1,655,244 | |
| | | | | | | | Banc of America Funding Corp. | | | | |
| | | | | 320,460 | | | 0.38%, 10/20/2036(2) | | | 239,170 | |
| | | | | 783,431 | | | 0.42%, 02/20/2047(2) | | | 679,640 | |
| | | | | 6,068,367 | | | 0.49%, 05/20/2047(2) | | | 5,039,548 | |
| | | | | 7,321,796 | | | 5.77%, 05/25/2037(2) | | | 6,486,269 | |
| | | | | 334,242 | | | 5.85%, 01/25/2037 | | | 281,172 | |
| | | | | | | | BCAP LLC Trust | | | | |
| | | | | 1,283,250 | | | 0.36%, 01/25/2037(2) | | | 1,019,855 | |
| | | | | 3,337,299 | | | 0.37%, 03/25/2037(2) | | | 2,847,587 | |
| | | | | 1,124,642 | | | Bear Stearns Adjustable Rate Mortgage Trust
2.41%, 10/25/2035(2) | | | 1,106,120 | |
| | | | | | | | Bear Stearns Alt-A Trust | | | | |
| | | | | 671,755 | | | 0.57%, 05/25/2036(2) | | | 542,281 | |
| | | | | 3,869,939 | | | 0.69%, 01/25/2036(2) | | | 3,182,909 | |
| | | | | 2,151,909 | | | Bear Stearns Mortgage Funding Trust 0.37%, 10/25/2036(2) | | | 1,715,610 | |
| | | | | 693,979 | | | CHL Mortgage Pass-Through Trust 2.48%, 03/20/2036(2) | | | 606,324 | |
| | | | | | | | Connecticut Avenue Securities Series | | | | |
| | | | | 610,000 | | | 2.79%, 05/25/2024(2) | | | 556,551 | |
| | | | | 2,605,000 | | | 3.09%, 07/25/2024(2) | | | 2,410,651 | |
| | | | | 3,515,000 | | | 3.19%, 07/25/2024(2) | | | 3,263,203 | |
| | | | | 1,575,000 | | | 5.09%, 11/25/2024(2) | | | 1,624,883 | |
| | | | | | | | Countrywide Alternative Loan Trust | | | | |
| | | | | 360,254 | | | 0.46%, 01/25/2036(2) | | | 320,464 | |
| | | | | 3,245,451 | | | 0.51%, 11/25/2035(2) | | | 2,654,234 | |
| | | | | 2,719,530 | | | 5.75%, 05/25/2036 | | | 2,404,527 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% - (continued) | |
| | | | | | | Whole Loan Collateral CMO - 4.2% - (continued) | |
| | | | | | | | Countrywide Home Loans, Inc. | | | | |
| | $ | | | | 5,755,476 | | | 2.55%, 09/25/2047(2) | | $ | 5,125,637 | |
| | | | | 1,029,468 | | | 2.72%, 04/20/2036(2) | | | 740,624 | |
| | | | | 994,011 | | | 4.74%, 11/20/2035(2) | | | 885,957 | |
| | | | | 2,951,206 | | | 5.75%, 08/25/2037 | | | 2,796,040 | |
| | | | | 4,005,834 | | | CS First Boston Mortgage Securities Corp.
5.50%, 06/25/2035 | | | 3,796,530 | |
| | | | | 2,447,301 | | | Downey S & L Association Mortgage Loan Trust
1.07%, 03/19/2046(2) | | | 1,840,150 | |
| | | | | | | | GMAC Mortgage Corp. Loan Trust | | | | |
| | | | | 4,607,281 | | | 2.96%, 09/19/2035(2) | | | 4,300,790 | |
| | | | | 75,928 | | | 3.03%, 04/19/2036(2) | | | 67,857 | |
| | | | | 8,072,466 | | | GSR Mortgage Loan Trust
2.70%, 01/25/2036(2) | | | 7,283,753 | |
| | | | | | | | HarborView Mortgage Loan Trust | | | | |
| | | | | 3,112,529 | | | 0.38%, 01/19/2038(2) | | | 2,624,584 | |
| | | | | 9,286,256 | | | 0.43%, 12/19/2036(2) | | | 6,319,075 | |
| | | | | 1,282,488 | | | 0.89%, 01/19/2035(2) | | | 884,003 | |
| | | | | | | | IndyMac Index Mortgage Loan Trust | | | | |
| | | | | 4,009,774 | | | 0.47%, 07/25/2035(2) | | | 3,326,693 | |
| | | | | 649,211 | | | 0.48%, 01/25/2036(2) | | | 445,650 | |
| | | | | 6,408,028 | | | 0.59%, 07/25/2046(2) | | | 3,579,448 | |
| | | | | 2,280,532 | | | 2.43%, 01/25/2036(2) | | | 2,105,025 | |
| | | | | 1,560,633 | | | 2.59%, 08/25/2035(2) | | | 1,248,472 | |
| | | | | 3,474,098 | | | 2.62%, 03/25/2036(2) | | | 2,724,694 | |
| | | | | | | | JP Morgan Mortgage Trust | | | | |
| | | | | 660,637 | | | 2.57%, 04/25/2037(2) | | | 591,568 | |
| | | | | 486,547 | | | 2.77%, 05/25/2036(2) | | | 431,433 | |
| | | | | 1,131,454 | | | 2.77%, 05/25/2036(2) | | | 1,032,006 | |
| | | | | 2,690,449 | | | 3.07%, 09/25/2035(2) | | | 2,560,960 | |
| | | | | 2,464,852 | | | Lehman XS Trust
0.40%, 07/25/2046(2) | | | 1,955,582 | |
| | | | | | | | Luminent Mortgage Trust | | | | |
| | | | | 353,453 | | | 0.39%, 10/25/2046(2) | | | 301,903 | |
| | | | | 1,667,491 | | | 0.45%, 11/25/2035(2) | | | 1,501,595 | |
| | | | | | | | Merrill Lynch Mortgage Investors Trust | | | | |
| | | | | 138,712 | | | 2.52%, 12/25/2035(2) | | | 130,222 | |
| | | | | 1,445,407 | | | 2.61%, 07/25/2035(2) | | | 1,170,009 | |
| | | | | 234,397 | | | Morgan Stanley Mortgage Loan Trust
2.65%, 05/25/2036(2) | | | 170,507 | |
| | | | | 126,723 | | | Nomura Asset Acceptance Corp. Alternative Loan Trust
3.59%, 06/25/2036(2) | | | 97,038 | |
| | | | | 3,032,703 | | | RBSGC Mortgage Pass-Through Certificates
6.25%, 01/25/2037 | | | 2,772,154 | |
| | | | | | | | Residential Accredit Loans, Inc. | | | | |
| | | | | 413,173 | | | 0.41%, 02/25/2046(2) | | | 192,680 | |
| | | | | 809,903 | | | 0.49%, 04/25/2036(2) | | | 580,292 | |
| | | | | 874,095 | | | 0.96%, 09/25/2046(2) | | | 588,688 | |
| | | | | 8,187,295 | | | 1.39%, 11/25/2037(2) | | | 5,232,730 | |
| | | | | 1,617,419 | | | 6.00%, 12/25/2035 | | | 1,444,201 | |
| | | | | | | | Residential Asset Securitization Trust | | | | |
| | | | | 2,990,622 | | | 0.64%, 03/25/2035(2) | | | 2,421,952 | |
| | | | | 1,593,438 | | | 6.25%, 11/25/2036 | | | 1,164,069 | |
| | | | | 798,763 | | | Sequoia Mortgage Trust
2.53%, 07/20/2037(2) | | | 679,923 | |
| | | | | 6,285,000 | | | Springleaf Mortgage Loan Trust
3.52%, 12/25/2065(1)(2) | | | 6,400,455 | |
| | | | | 1,485,973 | | | Structured Adjustable Rate Mortgage Loan Trust
0.49%, 09/25/2034(2) | | | 1,309,204 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 32.6% - (continued) | |
| | | | | | | Whole Loan Collateral CMO - 4.2% - (continued) | |
| | | | | | | | WaMu Mortgage Pass-Through Certificates Trust | | | | |
| | $ | | | | 1,258,715 | | | 0.61%, 06/25/2044(2) | | $ | 1,165,317 | |
| | | | | 675,020 | | | 2.19%, 11/25/2046(2) | | | 607,696 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 127,661,528 | |
| | | | | | | | | | | | |
| | |
| | | | Total Asset & Commercial Mortgage Backed Securities
(cost $974,540,349) | | $ | 982,394,426 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| CORPORATE BONDS - 32.6% | |
| | | | | | | Aerospace/Defense - 0.2% | |
| | $ | | | | 4,965,000 | | | HLM
1.27%, 05/05/2027(1) | | $ | 4,944,643 | |
| | | | | 1,115,000 | | | Triumph Group, Inc.
5.25%, 06/01/2022 | | | 1,101,063 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,045,706 | |
| | | | | | | | | | | | |
| | | | | | | Agriculture - 0.4% | |
| | | | | 903,000 | | | Altria Group, Inc.
10.20%, 02/06/2039 | | | 1,486,997 | |
| | | | | 2,805,000 | | | BAT International Finance plc
2.75%, 06/15/2020(1) | | | 2,820,913 | |
| | | | | 7,315,000 | | | Reynolds American, Inc.
3.25%, 06/12/2020 | | | 7,409,378 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 11,717,288 | |
| | | | | | | | | | | | |
| | | | | | | Apparel - 0.1% | |
| | | | | 1,770,000 | | | William Carter Co.
5.25%, 08/15/2021 | | | 1,814,250 | |
| | | | | | | | | | | | |
| | | | | | | Auto Manufacturers - 1.5% | |
| | | | | 9,000,000 | | | Daimler Finance NA LLC
1.65%, 03/02/2018(1) | | | 8,961,381 | |
| | | | | | | | Ford Motor Credit Co. LLC | | | | |
| | | | | 10,805,000 | | | 1.46%, 03/27/2017 | | | 10,756,691 | |
| | | | | 745,000 | | | 2.24%, 06/15/2018 | | | 745,504 | |
| | | | | 775,000 | | | 4.21%, 04/15/2016 | | | 792,620 | |
| | | | | 2,475,000 | | | 4.25%, 02/03/2017 | | | 2,572,461 | |
| | | | | | | | General Motors Financial Co., Inc. | | | | |
| | | | | 3,150,000 | | | 2.40%, 04/10/2018 | | | 3,157,831 | |
| | | | | 4,985,000 | | | 3.50%, 07/10/2019 | | | 5,090,522 | |
| | | | | 7,560,000 | | | 4.75%, 08/15/2017 | | | 7,978,174 | |
| | | | | 4,600,000 | | | Volkswagen Group of America Finance LLC
1.60%, 11/20/2017(1) | | | 4,604,273 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 44,659,457 | |
| | | | | | | | | | | | |
| | | | | | | Auto Parts & Equipment - 0.0% | |
| | | | | | | | ZF North America Capital, Inc. | | | | |
| | | | | 180,000 | | | 4.50%, 04/29/2022(1) | | | 176,319 | |
| | | | | 330,000 | | | 4.75%, 04/29/2025(1) | | | 319,483 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 495,802 | |
| | | | | | | | | | | | |
| | | | | | | Biotechnology - 0.1% | |
| | | | | 4,410,000 | | | Celgene Corp.
4.63%, 05/15/2044 | | | 4,208,137 | |
| | | | | | | | | | | | |
| | | | | | | Chemicals - 0.3% | |
| | | | | | | | CF Industries Holdings, Inc. | | | | |
| | | | | 2,700,000 | | | 4.95%, 06/01/2043 | | | 2,526,322 | |
| | | | | 5,220,000 | | | 5.15%, 03/15/2034 | | | 5,155,820 | |
| | | | | 1,350,000 | | | Dow Chemical Co.
8.55%, 05/15/2019 | | | 1,645,965 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 9,328,107 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Coal - 0.0% | |
| | $ | | | | 2,385,000 | | | Peabody Energy Corp.
6.50%, 09/15/2020 | | $ | 810,900 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Banks - 10.0% | |
| | | | | 4,000,000 | | | ABN Amro Bank N.V.
2.45%, 06/04/2020(1) | | | 3,976,676 | |
| | | | | | | | Banco Bilbao Vizcaya Argentaria S.A. | | | | |
| | EUR | | | | 6,000,000 | | | 7.00%, 02/19/2019(2)(4)(5) | | | 6,697,459 | |
| | $ | | | | 4,200,000 | | | 9.00%, 05/09/2018(2)(4)(5) | | | 4,515,000 | |
| | | | | 1,730,000 | | | Banco do Brasil S.A.
6.25%, 04/15/2024(2)(4)(5) | | | 1,217,488 | |
| | | | | | | | Banco Santander S.A. | | | | |
| | EUR | | | | 8,700,000 | | | 6.25%, 03/12/2019(2)(4)(5) | | | 9,505,207 | |
| | | | | 1,000,000 | | | 6.25%, 09/11/2021(2)(4)(5) | | | 1,084,191 | |
| | | | | | | | Bank of America Corp. | | | | |
| | $ | | | | 4,000,000 | | | 4.00%, 01/22/2025 | | | 3,897,176 | |
| | | | | 8,235,000 | | | 4.20%, 08/26/2024 | | | 8,215,170 | |
| | | | | | | | Barclays Bank plc | | | | |
| | | | | 12,005,000 | | | 6.05%, 12/04/2017(1) | | | 13,061,908 | |
| | EUR | | | | 1,010,000 | | | 6.50%, 09/15/2019(2)(5) | | | 1,121,945 | |
| | | | | 1,420,000 | | | 8.00%, 12/15/2020(2)(5) | | | 1,678,072 | |
| | $ | | | | 3,245,000 | | | 8.25%, 12/15/2018(2)(5) | | | 3,426,590 | |
| | | | | | | | BPCE S.A. | | | | |
| | | | | 1,500,000 | | | 4.00%, 04/15/2024 | | | 1,514,310 | |
| | | | | 3,760,000 | | | 5.15%, 07/21/2024(1) | | | 3,820,017 | |
| | | | | 4,430,000 | | | 5.70%, 10/22/2023(1) | | | 4,669,734 | |
| | | | | 3,300,000 | | | Capital One Financial Corp.
6.15%, 09/01/2016 | | | 3,483,104 | |
| | | | | 11,400,000 | | | Capital One NA
1.65%, 02/05/2018 | | | 11,312,585 | |
| | | | | 3,063,000 | | | CIT Group, Inc.
5.50%, 02/15/2019(1) | | | 3,193,178 | |
| | | | | | | | Citigroup, Inc. | | | | |
| | | | | 6,525,000 | | | 1.85%, 11/24/2017 | | | 6,540,921 | |
| | | | | 2,200,000 | | | 2.50%, 09/26/2018 | | | 2,224,776 | |
| | | | | 1,550,000 | | | 4.30%, 11/20/2026 | | | 1,515,624 | |
| | | | | 2,450,000 | | | 4.40%, 06/10/2025 | | | 2,440,869 | |
| | | | | 1,101,000 | | | 6.13%, 08/25/2036 | | | 1,257,754 | |
| | | | | 7,330,000 | | | 6.68%, 09/13/2043 | | | 8,877,649 | |
| | | | | 1,349,000 | | | 8.50%, 05/22/2019 | | | 1,645,371 | |
| | | | | | | | Credit Agricole S.A. | | | | |
| | | | | 3,385,000 | | | 4.38%, 03/17/2025(1) | | | 3,242,559 | |
| | EUR | | | | 2,940,000 | | | 6.50%, 06/23/2021(2)(4)(5) | | | 3,294,046 | |
| | $ | | | | 1,710,000 | | | 6.63%, 09/23/2019(1)(2)(5) | | | 1,668,960 | |
| | | | | | | | Credit Suisse Group AG | | | | |
| | EUR | | | | 1,650,000 | | | 5.75%, 09/18/2025(2)(4) | | | 2,041,444 | |
| | $ | | | | 2,015,000 | | | 6.25%, 12/18/2024(1)(2)(5) | | | 1,931,881 | |
| | | | | 1,640,000 | | | 7.88%, 02/24/2041(2)(4) | | | 1,714,705 | |
| | | | | 5,365,000 | | | Deutsche Bank AG
4.50%, 04/01/2025 | | | 5,107,539 | |
| | | | | 1,644,000 | | | Export-Import Bank of India 2.75%, 08/12/2020(4) | | | 1,607,092 | |
| | | | | | | | Goldman Sachs Group, Inc. | | | | |
| | | | | 550,000 | | | 1.44%, 04/23/2020(2) | | | 555,371 | |
| | | | | 2,000,000 | | | 2.38%, 01/22/2018 | | | 2,030,420 | |
| | | | | 2,785,000 | | | 2.60%, 04/23/2020 | | | 2,771,044 | |
| | | | | 3,490,000 | | | 5.15%, 05/22/2045 | | | 3,359,160 | |
| | | | | 4,737,000 | | | 6.00%, 06/15/2020 | | | 5,413,093 | |
| | | | | 2,655,000 | | | 6.25%, 02/01/2041 | | | 3,142,315 | |
| | | | | 4,400,000 | | | 6.45%, 05/01/2036 | | | 4,965,008 | |
| | | | | 5,710,000 | | | 6.75%, 10/01/2037 | | | 6,697,533 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Commercial Banks - 10.0% - (continued) | |
| | | | | | | | HSBC Holdings plc | | | | |
| | EUR | | | | 1,275,000 | | | 5.25%, 09/16/2022(2)(4)(5) | | $ | 1,419,799 | |
| | $ | | | | 1,800,000 | | | 5.25%, 03/14/2044 | | | 1,867,086 | |
| | | | | 2,100,000 | | | 5.63%, 01/17/2020(2)(5) | | | 2,102,625 | |
| | | | | 550,000 | | | 6.10%, 01/14/2042 | | | 665,713 | |
| | | | | 1,865,000 | | | 6.38%, 09/17/2024(2)(5) | | | 1,869,663 | |
| | | | | 1,765,000 | | | 6.50%, 09/15/2037 | | | 2,129,864 | |
| | | | | 2,050,000 | | | 6.80%, 06/01/2038 | | | 2,545,374 | |
| | | | | | | | ING Groep N.V. | | | | |
| | | | | 1,990,000 | | | 6.00%, 04/16/2020(2)(5) | | | 1,963,881 | |
| | | | | 1,330,000 | | | 6.50%, 04/16/2025(2)(5) | | | 1,282,619 | |
| | | | | | | | JP Morgan Chase & Co. | | | | |
| | | | | 1,050,000 | | | 2.60%, 01/15/2016 | | | 1,058,331 | |
| | | | | 3,820,000 | | | 4.35%, 08/15/2021 | | | 4,088,894 | |
| | | | | 760,000 | | | 5.60%, 07/15/2041 | | | 861,658 | |
| | | | | 9,885,000 | | | 5.63%, 08/16/2043 | | | 10,541,967 | |
| | | | | 3,500,000 | | | 6.00%, 01/15/2018 | | | 3,855,236 | |
| | EUR | | | | 1,290,000 | | | KBC Groep N.V.
5.63%, 03/19/2019(2)(4)(5) | | | 1,407,595 | |
| | | | | | | | Lloyds Banking Group plc | | | | |
| | | | | 4,115,000 | | | 6.38%, 06/27/2020(2)(4)(5) | | | 4,725,234 | |
| | GBP | | | | 2,345,000 | | | 7.00%, 06/27/2019(2)(4)(5) | | | 3,696,202 | |
| | | | | | | | Merrill Lynch & Co., Inc. | | | | |
| | $ | | | | 3,006,000 | | | 5.70%, 05/02/2017 | | | 3,207,062 | |
| | | | | 10,420,000 | | | 6.05%, 05/16/2016 | | | 10,820,086 | |
| | | | | 4,905,000 | | | 7.75%, 05/14/2038 | | | 6,530,939 | |
| | | | | | | | Morgan Stanley | | | | |
| | | | | 6,575,000 | | | 3.95%, 04/23/2027 | | | 6,199,489 | |
| | | | | 4,890,000 | | | 4.30%, 01/27/2045 | | | 4,569,201 | |
| | | | | 2,915,000 | | | 4.35%, 09/08/2026 | | | 2,856,350 | |
| | | | | 1,130,000 | | | 4.88%, 11/01/2022 | | | 1,201,990 | |
| | | | | 5,925,000 | | | 5.55%, 04/27/2017 | | | 6,349,757 | |
| | | | | 6,000,000 | | | 6.25%, 08/28/2017 | | | 6,575,772 | |
| | | | | 1,600,000 | | | 7.30%, 05/13/2019 | | | 1,882,365 | |
| | | | | 1,574,000 | | | PNC Bank NA
6.88%, 04/01/2018 | | | 1,779,075 | |
| | | | | | | | Royal Bank of Scotland Group plc | | | | |
| | | | | 3,070,000 | | | 5.13%, 05/28/2024 | | | 3,066,264 | |
| | | | | 1,815,000 | | | 6.13%, 12/15/2022 | | | 1,954,359 | |
| | | | | | | | Societe Generale S.A. | | | | |
| | EUR | | | | 3,105,000 | | | 6.75%, 04/07/2021(2)(4)(5) | | | 3,448,627 | |
| | $ | | | | 7,610,000 | | | 8.25%, 11/29/2018(2)(4)(5) | | | 7,979,466 | |
| | | | | 4,100,000 | | | Standard Chartered plc 6.50%, 04/02/2020(1)(2)(5) | | | 4,135,371 | |
| | | | | 345,000 | | | Sumitomo Mitsui Financial Group, Inc. 4.44%, 04/02/2024(1) | | | 352,368 | |
| | | | | 5,195,000 | | | SunTrust Banks, Inc.
3.50%, 01/20/2017 | | | 5,349,785 | |
| | | | | 1,600,000 | | | UBS AG
7.63%, 08/17/2022 | | | 1,875,198 | |
| | | | | 1,500,000 | | | UniCredit S.p.A.
8.00%, 06/03/2024(2)(4)(5) | | | 1,470,000 | |
| | | | | | | | Wells Fargo & Co. | | | | |
| | | | | 2,230,000 | | | 3.00%, 02/19/2025 | | | 2,135,758 | |
| | | | | 4,455,000 | | | 4.10%, 06/03/2026 | | | 4,473,778 | |
| | | | | 170,000 | | | 4.65%, 11/04/2044 | | | 162,943 | |
| | | | | 74,000 | | | 5.38%, 11/02/2043 | | | 79,011 | |
| | | | | 5,350,000 | | | 5.61%, 01/15/2044 | | | 5,875,852 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 300,847,551 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Commercial Services - 0.2% | | | |
| | $ | | | | 2,045,000 | | | ADT Corp.
6.25%, 10/15/2021 | | $ | 2,147,250 | |
| | | | | 1,430,000 | | | Cardtronics, Inc.
5.13%, 08/01/2022(1) | | | 1,397,825 | |
| | | | | 2,390,000 | | | Sotheby’s
5.25%, 10/01/2022(1) | | | 2,342,200 | |
| | | | | | | | United Rentals North America, Inc. | | | | |
| | | | | 470,000 | | | 4.63%, 07/15/2023 | | | 460,882 | |
| | | | | 600,000 | | | 5.50%, 07/15/2025 | | | 579,750 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,927,907 | |
| | | | | | | | | | | | |
| | | | | | | Construction Materials - 0.2% | |
| | | | | | | | Building Materials Corp. of America | | | | |
| | | | | 1,130,000 | | | 5.38%, 11/15/2024(1) | | | 1,109,490 | |
| | | | | 219,000 | | | 6.75%, 05/01/2021(1) | | | 228,308 | |
| | EUR | | | | 730,000 | | | Cemex S.A.B. de C.V.
4.38%, 03/05/2023(1) | | | 782,304 | |
| | $ | | | | 3,000,000 | | | CRH America, Inc.
5.13%, 05/18/2045(1) | | | 2,966,595 | |
| | | | | 1,015,000 | | | Norbord, Inc.
6.25%, 04/15/2023(1) | | | 1,027,687 | |
| | | | | 35,000 | | | USG Corp.
5.50%, 03/01/2025(1) | | | 34,869 | |
| | | | | 550,000 | | | West China Cement Ltd.
6.50%, 09/11/2019(4) | | | 553,803 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,703,056 | |
| | | | | | | | | | | | |
| | | | | | | Diversified Financial Services - 0.8% | |
| | | | | 255,000 | | | Aircastle Ltd.
5.50%, 02/15/2022 | | | 260,261 | |
| | | | | 1,200,000 | | | American Express Co.
3.63%, 12/05/2024 | | | 1,167,578 | |
| | | | | 3,992,000 | | | Bear Stearns & Co., Inc.
5.55%, 01/22/2017 | | | 4,234,534 | |
| | | | | | | | General Electric Capital Corp. | | | | |
| | | | | 1,050,000 | | | 5.30%, 02/11/2021 | | | 1,180,654 | |
| | | | | 535,000 | | | 5.88%, 01/14/2038 | | | 639,876 | |
| | | | | 3,900,000 | | | 6.25%, 12/15/2022(2)(5) | | | 4,265,625 | |
| | | | | 1,355,000 | | | 6.88%, 01/10/2039 | | | 1,819,323 | |
| | | | | 1,675,000 | | | Intercorp Peru Ltd.
5.88%, 02/12/2025(1) | | | 1,680,695 | |
| | | | | | | | International Lease Finance Corp. | | | | |
| | | | | 3,920,000 | | | 5.88%, 04/01/2019 | | | 4,179,504 | |
| | | | | 2,500,000 | | | 6.75%, 09/01/2016(1) | | | 2,629,687 | |
| | | | | | | | Navient Corp. | | | | |
| | | | | 1,590,000 | | | 5.50%, 01/15/2019 | | | 1,621,196 | |
| | | | | 1,005,000 | | | 7.25%, 01/25/2022 | | | 1,060,275 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 24,739,208 | |
| | | | | | | | | | | | |
| | | | | | | Electric - 0.5% | |
| | | | | 460,000 | | | AES Corp.
5.50%, 03/15/2024 | | | 442,750 | |
| | | | | 2,190,000 | | | DPL, Inc.
7.25%, 10/15/2021 | | | 2,310,450 | |
| | | | | 2,660,000 | | | Duke Energy Carolinas LLC
4.25%, 12/15/2041 | | | 2,616,988 | |
| | | | | 3,465,000 | | | Duke Energy Progress, Inc.
4.38%, 03/30/2044 | | | 3,485,326 | |
| | | | | 585,000 | | | Empresa Electrica Angamos S.A.
4.88%, 05/25/2029(1) | | | 575,318 | |
| | | | | 1,245,000 | | | Eskom Holdings Ltd.
5.75%, 01/26/2021(1) | | | 1,220,100 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Electric - 0.5% - (continued) | |
| | $ | | | | 3,070,000 | | | Exelon Corp.
2.85%, 06/15/2020 | | $ | 3,087,815 | |
| | | | | 1,100,000 | | | Pacific Gas & Electric Co. 8.25%, 10/15/2018 | | | 1,318,801 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 15,057,548 | |
| | | | | | | | | | | | |
| | | | | | | Electrical Components & Equipment - 0.0% | |
| | | | | 945,000 | | | EnerSys
5.00%, 04/30/2023(1) | | | 934,662 | |
| | | | | | | | | | | | |
| | | | | | | Engineering & Construction - 0.4% | |
| | | | | | | | SBA Tower Trust | | | | |
| | | | | 5,620,000 | | | 2.93%, 12/15/2042(1) | | | 5,702,968 | |
| | | | | 7,645,000 | | | 3.60%, 04/15/2043(1) | | | 7,620,926 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 13,323,894 | |
| | | | | | | | | | | | |
| | | | | | | Environmental Control - 0.1% | |
| | | | | | | | Clean Harbors, Inc. | | | | |
| | | | | 345,000 | | | 5.13%, 06/01/2021 | | | 341,550 | |
| | | | | 1,385,000 | | | 5.25%, 08/01/2020 | | | 1,405,775 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,747,325 | |
| | | | | | | | | | | | |
| | | | | | | Food - 0.7% | |
| | | | | | | | HJ Heinz Co. | | | | |
| | | | | 12,375,000 | | | 2.00%, 07/02/2018(1)(6) | | | 12,371,089 | |
| | | | | 3,360,000 | | | 2.80%, 07/02/2020(1)(6) | | | 3,362,614 | |
| | | | | 3,825,000 | | | Marfrig Holding Europe B.V.
6.88%, 06/24/2019(4) | | | 3,643,313 | |
| | | | | | | | Minerva Luxembourg S.A. | | | | |
| | | | | 1,645,000 | | | 7.75%, 01/31/2023(1) | | | 1,657,338 | |
| | | | | 885,000 | | | 8.75%, 04/03/2019(2)(4)(5) | | | 885,000 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 21,919,354 | |
| | | | | | | | | | | | |
| | | | | | | Forest Products & Paper - 0.1% | |
| | | | | | | | Cascades, Inc. | | | | |
| | | | | 335,000 | | | 5.50%, 07/15/2022(1) | | | 324,113 | |
| | | | | 560,000 | | | 5.75%, 07/15/2023(1) | | | 541,800 | |
| | | | | 1,415,000 | | | Clearwater Paper Corp.
5.38%, 02/01/2025(1) | | | 1,386,700 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,252,613 | |
| | | | | | | | | | | | |
| | | | | | | Gas - 0.0% | |
| | | | | 160,000 | | | Southern Star Central Corp. 5.13%, 07/15/2022(1) | | | 162,400 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Products - 0.7% | |
| | | | | 280,000 | | | Hologic, Inc.
5.25%, 07/15/2022(1)(6) | | | 285,950 | |
| | | | | | | | Medtronic, Inc. | | | | |
| | | | | 5,395,000 | | | 2.50%, 03/15/2020(1) | | | 5,404,010 | |
| | | | | 2,205,000 | | | 3.15%, 03/15/2022(1) | | | 2,214,878 | |
| | | | | 3,500,000 | | | 4.38%, 03/15/2035(1) | | | 3,473,138 | |
| | | | | 2,350,000 | | | 4.63%, 03/15/2045(1) | | | 2,379,020 | |
| | | | | 6,290,000 | | | Zimmer Holdings, Inc.
1.45%, 04/01/2017 | | | 6,292,126 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 20,049,122 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Services - 0.9% | |
| | | | | | | | Anthem, Inc. | | | | |
| | | | | 6,600,000 | | | 3.50%, 08/15/2024 | | | 6,339,485 | |
| | | | | 2,450,000 | | | 4.63%, 05/15/2042 | | | 2,239,442 | |
| | | | | 805,000 | | | Community Health Systems, Inc. 5.13%, 08/01/2021 | | | 820,094 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Healthcare-Services - 0.9% - (continued) | |
| | $ | | | | 3,660,000 | | | HCA, Inc.
6.50%, 02/15/2020 | | $ | 4,090,050 | |
| | | | | 1,905,000 | | | Laboratory Corp. of America Holdings
3.20%, 02/01/2022 | | | 1,878,128 | |
| | | | | 4,545,000 | | | Roche Holdings, Inc.
3.35%, 09/30/2024(1) | | | 4,588,450 | |
| | | | | 3,695,000 | | | Tenet Healthcare Corp.
6.00%, 10/01/2020 | | | 3,939,794 | |
| | | | | 3,775,000 | | | UnitedHealth Group, Inc.
1.40%, 10/15/2017 | | | 3,779,216 | |
| | | | | 825,000 | | | Wellcare Health Plans, Inc.
5.75%, 11/15/2020 | | | 858,000 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 28,532,659 | |
| | | | | | | | | | | | |
| | | | | | | Holding Companies-Diversified - 0.3% | |
| | EUR | | | | 2,670,000 | | | Hutchison Whampoa Europe Finance Ltd.
3.75%, 05/10/2018(2)(4)(5) | | | 3,021,298 | |
| | | | | | | | Hutchison Whampoa International Ltd. | | | | |
| | $ | | | | 525,000 | | | 1.63%, 10/31/2017(1) | | | 523,425 | |
| | | | | 7,000,000 | | | 2.00%, 11/08/2017(1) | | | 7,036,050 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,580,773 | |
| | | | | | | | | | | | |
| | | | | | | Home Builders - 0.1% | |
| | | | | 920,000 | | | Agile Property Holdings Ltd. 8.88%, 04/28/2017(4) | | | 929,200 | |
| | | | | 1,805,000 | | | Lennar Corp.
4.50%, 06/15/2019 | | | 1,841,100 | |
| | | | | 1,050,000 | | | Meritage Homes Corp.
6.00%, 06/01/2025(1) | | | 1,055,250 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,825,550 | |
| | | | | | | | | | | | |
| | | | | | | Insurance - 0.6% | |
| | | | | 480,000 | | | American International Group, Inc. 4.50%, 07/16/2044 | | | 456,597 | |
| | | | | | | | CNO Financial Group, Inc. | | | | |
| | | | | 55,000 | | | 4.50%, 05/30/2020 | | | 55,825 | |
| | | | | 240,000 | | | 5.25%, 05/30/2025 | | | 243,888 | |
| | | | | | | | Marsh & McLennan Cos., Inc. | | | | |
| | | | | 1,140,000 | | | 2.55%, 10/15/2018 | | | 1,160,492 | |
| | | | | 2,360,000 | | | 3.50%, 03/10/2025 | | | 2,330,991 | |
| | | | | 2,818,000 | | | Massachusetts Mutual Life Insurance Co.
8.88%, 06/01/2039(1) | | | 4,223,720 | |
| | | | | 5,420,000 | | | Nationwide Mutual Insurance Co.
9.38%, 08/15/2039(1) | | | 8,112,239 | |
| | | | | 325,000 | | | Pacific Life Insurance Co.
9.25%, 06/15/2039(1) | | | 485,341 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 17,069,093 | |
| | | | | | | | | | | | |
| | | | | | | Internet - 0.0% | |
| | | | | 200,000 | | | Alibaba Group Holding Ltd. 3.60%, 11/28/2024(4) | | | 192,845 | |
| | | | | | | | | | | | |
| | | | | | | Iron/Steel - 0.2% | |
| | | | | 320,000 | | | ArcelorMittal
6.13%, 06/01/2025 | | | 319,000 | |
| | | | | 3,480,000 | | | Glencore Funding LLC
1.70%, 05/27/2016(1) | | | 3,483,912 | |
| | | | | | | | Steel Dynamics, Inc. | | | | |
| | | | | 240,000 | | | 5.13%, 10/01/2021 | | | 240,480 | |
| | | | | 255,000 | | | 5.50%, 10/01/2024 | | | 255,000 | |
| | | | | 1,265,000 | | | United States Steel Corp. 7.38%, 04/01/2020 | | | 1,321,925 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 5,620,317 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | IT Services - 0.2% | |
| | $ | | | | 6,525,000 | | | Apple, Inc. 3.45%, 02/09/2045 | | $ | 5,530,094 | |
| | | | | | | | | | | | |
| | | | | | | Machinery-Construction & Mining - 0.0% | |
| | | | | 525,000 | | | Oshkosh Corp. 5.38%, 03/01/2025 | | | 525,000 | |
| | | | | | | | | | | | |
| | | | | | | Machinery-Diversified - 0.0% | |
| | | | | 1,301,000 | | | Case New Holland Industrial, Inc. 7.88%, 12/01/2017 | | | 1,424,595 | |
| | | | | | | | | | | | |
| | | | | | | Media - 2.2% | |
| | | | | | | | 21st Century Fox America, Inc. | | | | |
| | | | | 3,500,000 | | | 6.15%, 03/01/2037 | | | 4,047,029 | |
| | | | | 1,675,000 | | | 6.20%, 12/15/2034 | | | 1,943,995 | |
| | | | | 1,955,000 | | | 8.00%, 10/17/2016 | | | 2,121,898 | |
| | | | | | | | CCO Holdings LLC | | | | |
| | | | | 80,000 | | | 5.13%, 02/15/2023 | | | 78,000 | |
| | | | | 65,000 | | | 5.25%, 09/30/2022 | | | 64,025 | |
| | | | | 385,000 | | | 5.75%, 09/01/2023 | | | 385,722 | |
| | | | | | | | Comcast Corp. | | | | |
| | | | | 7,960,000 | | | 3.38%, 08/15/2025 | | | 7,854,984 | |
| | | | | 3,295,000 | | | 4.75%, 03/01/2044 | | | 3,344,899 | |
| | | | | 425,000 | | | 5.70%, 07/01/2019 | | | 483,269 | |
| | | | | | | | Cox Communications, Inc. | | | | |
| | | | | 20,000 | | | 2.95%, 06/30/2023(1) | | | 18,433 | |
| | | | | 2,905,000 | | | 3.85%, 02/01/2025(1) | | | 2,791,847 | |
| | | | | 2,700,000 | | | DIRECTV Holdings LLC
5.00%, 03/01/2021 | | | 2,923,725 | |
| | | | | | | | DISH DBS Corp. | | | | |
| | | | | 860,000 | | | 5.88%, 11/15/2024 | | | 826,138 | |
| | | | | 1,785,000 | | | 7.88%, 09/01/2019 | | | 1,979,565 | |
| | | | | | | | Gannett Co., Inc. | | | | |
| | | | | 4,005,000 | | | 5.13%, 10/15/2019 | | | 4,125,150 | |
| | | | | 565,000 | | | 5.13%, 07/15/2020 | | | 579,125 | |
| | | | | 1,720,000 | | | Liberty Interactive LLC
8.25%, 02/01/2030 | | | 1,806,000 | |
| | | | | 1,715,000 | | | NBC Universal Media LLC 5.95%, 04/01/2041 | | | 2,009,203 | |
| | | | | 645,000 | | | Numericable-SFR SAS
4.88%, 05/15/2019(1) | | | 638,550 | |
| | | | | | | | Sky plc | | | | |
| | | | | 1,395,000 | | | 2.63%, 09/16/2019(1) | | | 1,385,556 | |
| | | | | 3,130,000 | | | 3.13%, 11/26/2022(1) | | | 3,045,831 | |
| | | | | | | | Time Warner Cable, Inc. | | | | |
| | | | | 2,110,000 | | | 4.50%, 09/15/2042 | | | 1,721,131 | |
| | | | | 225,000 | | | 6.75%, 06/15/2039 | | | 240,221 | |
| | | | | 325,000 | | | 7.30%, 07/01/2038 | | | 366,180 | |
| | | | | 1,350,000 | | | 8.75%, 02/14/2019 | | | 1,603,330 | |
| | | | | | | | Time Warner Entertainment Co., L.P. | | | | |
| | | | | 80,000 | | | 8.38%, 03/15/2023 | | | 99,450 | |
| | | | | 8,175,000 | | | 8.38%, 07/15/2033 | | | 10,034,159 | |
| | | | | | | | Time Warner, Inc. | | | | |
| | | | | 2,475,000 | | | 3.60%, 07/15/2025 | | | 2,407,385 | |
| | | | | 2,725,000 | | | 6.10%, 07/15/2040 | | | 3,064,658 | |
| | | | | 1,900,000 | | | 6.50%, 11/15/2036 | | | 2,231,582 | |
| | | | | 650,000 | | | Unitymedia Hessen GmbH & Co. 5.50%, 01/15/2023(1) | | | 662,594 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 64,883,634 | |
| | | | | | | | | | | | |
| | | | | | | Mining - 0.3% | |
| | | | | 800,000 | | | Arcelormittal
5.13%, 06/01/2020 | | | 811,000 | |
| | | | | 1,380,000 | | | FMG Resources August 2006 Pty Ltd. 6.88%, 04/01/2022(1) | | | 967,725 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Mining - 0.3% - (continued) | |
| | | | | | | | Freeport-McMoRan, Inc. | | | | |
| | $ | | | | 3,220,000 | | | 4.00%, 11/14/2021 | | $ | 3,161,959 | |
| | | | | 85,000 | | | 5.40%, 11/14/2034 | | | 73,325 | |
| | | | | 575,000 | | | 5.45%, 03/15/2043 | | | 480,043 | |
| | | | | | | | Southern Copper Corp. | | | | |
| | | | | 1,175,000 | | | 5.25%, 11/08/2042 | | | 1,019,712 | |
| | | | | 2,065,000 | | | 5.88%, 04/23/2045 | | | 1,964,228 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 8,477,992 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas - 2.6% | |
| | | | | 2,590,000 | | | Anadarko Petroleum Corp. 6.38%, 09/15/2017 | | | 2,842,276 | |
| | | | | 435,000 | | | Antero Resources Corp. 5.63%, 06/01/2023(1) | | | 420,319 | |
| | | | | 2,340,000 | | | BP Capital Markets plc
2.52%, 01/15/2020 | | | 2,356,408 | |
| | | | | 2,515,000 | | | Cenovus Energy, Inc.
5.20%, 09/15/2043 | | | 2,375,246 | |
| | | | | 6,110,000 | | | CNPC General Capital
1.45%, 04/16/2016(1) | | | 6,119,165 | |
| | | | | | | | ConocoPhillips Co. | | | | |
| | | | | 3,520,000 | | | 1.50%, 05/15/2018 | | | 3,517,441 | |
| | | | | 3,295,000 | | | 3.35%, 11/15/2024 | | | 3,260,561 | |
| | | | | 1,075,000 | | | 3.35%, 05/15/2025 | | | 1,063,264 | |
| | | | | 1,465,000 | | | Continental Resources, Inc. 5.00%, 09/15/2022 | | | 1,436,624 | |
| | | | | 3,225,000 | | | Ecopetrol S.A.
5.88%, 05/28/2045 | | | 2,846,062 | |
| | | | | 4,850,000 | | | EnCana Corp.
6.50%, 05/15/2019 | | | 5,506,200 | |
| | | | | 1,695,000 | | | Harvest Operations Corp. 6.88%, 10/01/2017 | | | 1,563,637 | |
| | | | | 1,145,000 | | | Hess Corp.
5.60%, 02/15/2041 | | | 1,172,740 | |
| | | | | 3,550,000 | | | Kerr-McGee Corp.
6.95%, 07/01/2024 | | | 4,279,923 | |
| | | | | 5,225,000 | | | Lukoil International Finance B.V.
3.42%, 04/24/2018(1) | | | 5,010,775 | |
| | | | | 3,070,000 | | | Marathon Oil Corp.
2.70%, 06/01/2020 | | | 3,045,345 | |
| | | | | | | | Nexen Energy ULC | | | | |
| | | | | 385,000 | | | 5.88%, 03/10/2035 | | | 425,393 | |
| | | | | 2,050,000 | | | 6.40%, 05/15/2037 | | | 2,456,251 | |
| | | | | 4,105,000 | | | Pemex Project Funding Master Trust 6.63%, 06/15/2035 | | | 4,382,087 | |
| | | | | | | | Petrobras Global Finance B.V. | | | | |
| | GBP | | | | 1,735,000 | | | 5.38%, 10/01/2029 | | | 2,206,193 | |
| | $ | | | | 3,230,000 | | | 6.75%, 01/27/2041 | | | 2,828,608 | |
| | | | | | | | Petroleos Mexicanos | | | | |
| | | | | 445,000 | | | 3.50%, 07/23/2020(1) | | | 449,886 | |
| | MXN | | | | 70,000,000 | | | 7.47%, 11/12/2026 | | | 4,221,155 | |
| | | | | | | | Pioneer Natural Resources Co. | | | | |
| | $ | | | | 660,000 | | | 6.65%, 03/15/2017 | | | 713,742 | |
| | | | | 2,090,000 | | | 7.50%, 01/15/2020 | | | 2,459,073 | |
| | | | | | | | QEP Resources, Inc. | | | | |
| | | | | 10,000 | | | 5.25%, 05/01/2023 | | | 9,575 | |
| | | | | 45,000 | | | 5.38%, 10/01/2022 | | | 43,457 | |
| | | | | 55,000 | | | 6.80%, 03/01/2020 | | | 56,719 | |
| | | | | 255,000 | | | SM Energy Co.
6.13%, 11/15/2022(1) | | | 262,063 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Oil & Gas - 2.6% - (continued) | |
| | | | | | | | Statoil ASA | | | | |
| | $ | | | | 550,000 | | | 3.70%, 03/01/2024 | | $ | 568,459 | |
| | | | | 3,400,000 | | | 3.95%, 05/15/2043 | | | 3,158,964 | |
| | | | | 250,000 | | | Tesoro Corp.
5.13%, 04/01/2024 | | | 251,250 | |
| | | | | 3,691,000 | | | Valero Energy Corp.
9.38%, 03/15/2019 | | | 4,542,462 | |
| | | | | 190,000 | | | WPX Energy, Inc.
5.25%, 09/15/2024 | | | 175,038 | |
| | | | | 1,365,000 | | | Zhaikmunai LLP
7.13%, 11/13/2019(4) | | | 1,291,631 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 77,317,992 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas Services - 0.1% | |
| | | | | | | | Plains Exploration & Production Co. | | | | |
| | | | | 1,150,000 | | | 6.63%, 05/01/2021 | | | 1,208,075 | |
| | | | | 712,000 | | | 6.88%, 02/15/2023 | | | 763,620 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,971,695 | |
| | | | | | | | | | | | |
| | | | | | | Packaging & Containers - 0.0% | |
| | | | | 1,020,000 | | | Graphic Packaging International, Inc.
4.88%, 11/15/2022 | | | 1,025,100 | |
| | | | | | | | | | | | |
| | | | | | | Pharmaceuticals - 2.0% | |
| | | | | | | | AbbVie, Inc. | | | | |
| | | | | 5,275,000 | | | 1.80%, 05/14/2018 | | | 5,259,497 | |
| | | | | 1,755,000 | | | 2.50%, 05/14/2020 | | | 1,736,996 | |
| | | | | 2,855,000 | | | 4.50%, 05/14/2035 | | | 2,793,055 | |
| | | | | | | | Actavis Funding SCS | | | | |
| | | | | 11,650,000 | | | 2.35%, 03/12/2018 | | | 11,711,500 | |
| | | | | 7,870,000 | | | 3.00%, 03/12/2020 | | | 7,887,849 | |
| | | | | 6,630,000 | | | 3.80%, 03/15/2025 | | | 6,512,795 | |
| | | | | 230,000 | | | 4.75%, 03/15/2045 | | | 218,972 | |
| | | | | 4,570,000 | | | Bayer US Finance LLC
3.00%, 10/08/2021(1) | | | 4,603,251 | |
| | | | | | | | Cardinal Health, Inc. | | | | |
| | | | | 1,350,000 | | | 1.95%, 06/15/2018 | | | 1,352,271 | |
| | | | | 5,900,000 | | | 3.50%, 11/15/2024 | | | 5,801,924 | |
| | | | | 3,825,000 | | | EMD Finance LLC
2.95%, 03/19/2022(1) | | | 3,743,857 | |
| | | | | 6,190,000 | | | Merck & Co., Inc.
0.65%, 02/10/2020(2) | | | 6,157,595 | |
| | | | | 2,120,000 | | | Perrigo Co. Ltd.
1.30%, 11/08/2016 | | | 2,111,026 | |
| | | | | 395,000 | | | Quintiles Transnational Corp.
4.88%, 05/15/2023(1) | | | 396,975 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 60,287,563 | |
| | | | | | | | | | | | |
| | | | | | | Pipelines - 1.3% | |
| | | | | 430,000 | | | Crestwood Midstream Partners L.P. / Crestwood Midstream Finance Corp.
6.25%, 04/01/2023(1) | | | 447,200 | |
| | | | | | | | DCP Midstream LLC | | | | |
| | | | | 120,000 | | | 5.35%, 03/15/2020(1) | | | 123,358 | |
| | | | | 145,000 | | | 9.75%, 03/15/2019(1) | | | 168,261 | |
| | | | | | | | DCP Midstream Operating L.P. | | | | |
| | | | | 226,000 | | | 4.95%, 04/01/2022 | | | 222,877 | |
| | | | | 215,000 | | | 5.60%, 04/01/2044 | | | 191,758 | |
| | | | | | | | Energy Transfer Equity L.P. | | | | |
| | | | | 9,305,000 | | | 5.95%, 10/01/2043 | | | 9,119,049 | |
| | | | | 3,137,000 | | | 7.50%, 10/15/2020 | | | 3,536,967 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Pipelines - 1.3% - (continued) | |
| | $ | | | | 1,600,000 | | | Energy Transfer Partners L.P.
4.15%, 10/01/2020 | | $ | 1,644,416 | |
| | | | | 3,510,000 | | | Kinder Morgan Energy Partners L.P.
5.50%, 03/01/2044 | | | 3,249,158 | |
| | | | | | | | Kinder Morgan, Inc. | | | | |
| | | | | 1,240,000 | | | 3.05%, 12/01/2019 | | | 1,238,627 | |
| | | | | 3,500,000 | | | 5.05%, 02/15/2046 | | | 3,034,895 | |
| | | | | | | | MarkWest Energy Partners L.P. | | | | |
| | | | | 480,000 | | | 4.88%, 12/01/2024 | | | 469,200 | |
| | | | | 495,000 | | | 4.88%, 06/01/2025 | | | 483,863 | |
| | | | | 2,555,000 | | | Sunoco Logistics Partners Operations L.P.
4.25%, 04/01/2024 | | | 2,481,000 | |
| | | | | | | | Tesoro Logistics L.P. | | | | |
| | | | | 605,000 | | | 5.50%, 10/15/2019(1) | | | 627,687 | |
| | | | | 905,000 | | | 6.25%, 10/15/2022(1) | | | 936,675 | |
| | | | | | | | Williams Partners L.P. | | | | |
| | | | | 7,150,000 | | | 3.60%, 03/15/2022 | | | 6,942,271 | |
| | | | | 3,685,000 | | | 4.30%, 03/04/2024 | | | 3,624,264 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 38,541,526 | |
| | | | | | | | | | | | |
| | | | | | | Real Estate-0.2% | |
| | | | | 7,435,000 | | | ProLogis L.P.
3.35%, 02/01/2021 | | | 7,594,681 | |
| | | | | | | | | | | | |
| | | | | | | Real Estate Investment Trusts - 1.4% | |
| | | | | | | | American Tower Corp. | |
| | | | | 3,765,000 | | | 3.40%, 02/15/2019 | | | 3,852,792 | |
| | | | | 2,135,000 | | | 4.50%, 01/15/2018 | | | 2,259,227 | |
| | | | | 4,700,000 | | | Brandywine Operating Partnership L.P.
3.95%, 02/15/2023 | | | 4,662,875 | |
| | | | | | | | Duke Realty L.P. | |
| | | | | 3,100,000 | | | 3.63%, 04/15/2023 | | | 3,064,372 | |
| | | | | 1,480,000 | | | 3.75%, 12/01/2024 | | | 1,470,515 | |
| | | | | | | | HCP, Inc. | |
| | | | | 3,500,000 | | | 4.00%, 06/01/2025 | | | 3,426,510 | |
| | | | | 2,810,000 | | | 4.25%, 11/15/2023 | | | 2,832,738 | |
| | | | | 5,400,000 | | | Health Care REIT, Inc.
4.50%, 01/15/2024 | | | 5,606,674 | |
| | | | | 5,075,000 | | | Kimco Realty Corp.
3.13%, 06/01/2023 | | | 4,859,186 | |
| | | | | | | | Liberty Property L.P. | |
| | | | | 2,165,000 | | | 3.38%, 06/15/2023 | | | 2,091,373 | |
| | | | | 1,430,000 | | | 4.13%, 06/15/2022 | | | 1,456,019 | |
| | | | | 2,766,000 | | | Realty Income Corp.
3.25%, 10/15/2022 | | | 2,685,169 | |
| | | | | 1,395,000 | | | UDR, Inc.
3.70%, 10/01/2020 | | | 1,447,029 | |
| | | | | 1,275,000 | | | Ventas Realty L.P.
3.25%, 08/15/2022 | | | 1,231,409 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 40,945,888 | |
| | | | | | | | | | | | |
| | | | | | | Retail - 0.3% | |
| | | | | 1,710,989 | | | CVS Health Corp.
8.35%, 07/10/2031(1) | | | 2,270,110 | |
| | | | | 550,000 | | | Family Tree Escrow LLC
5.75%, 03/01/2023(1) | | | 574,750 | |
| | | | | 600,000 | | | Group 1 Automotive, Inc.
5.00%, 06/01/2022 | | | 597,000 | |
| | | | | | | | Home Depot, Inc. | |
| | | | | 2,550,000 | | | 2.63%, 06/01/2022 | | | 2,507,958 | |
| | | | | 265,000 | | | 4.20%, 04/01/2043 | | | 254,759 | |
| | | | | 2,750,000 | | | 4.25%, 04/01/2046 | | | 2,670,335 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 8,874,912 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Savings & Loans - 0.3% | |
| | | | | | | | Nationwide Building Society | |
| | $ | | | | 1,025,000 | | | 2.35%, 01/21/2020(1) | | $ | 1,021,412 | |
| | GBP | | | | 4,535,000 | | | 6.88%, 06/20/2019(2)(4)(5) | | | 7,036,548 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 8,057,960 | |
| | | | | | | | | | | | |
| | | | | | | Semiconductors - 0.3% | |
| | | | | | | | NXP B.V. / NXP Funding LLC | |
| | $ | | | | 420,000 | | | 4.13%, 06/15/2020(1) | | | 423,150 | |
| | | | | 500,000 | | | 4.63%, 06/15/2022(1) | | | 493,125 | |
| | | | | 4,700,000 | | | QUALCOMM, Inc.
3.45%, 05/20/2025 | | | 4,580,066 | |
| | | | | 525,000 | | | Sensata Technologies B.V.
5.00%, 10/01/2025(1) | | | 511,219 | |
| | | | | 3,761,000 | | | TSMC Global Ltd.
1.63%, 04/03/2018(1) | | | 3,717,970 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 9,725,530 | |
| | | | | | | | | | | | |
| | | | | | | Software - 0.5% | |
| | | | | 3,915,000 | | | Activision Blizzard, Inc.
5.63%, 09/15/2021(1) | | | 4,100,962 | |
| | | | | 1,850,000 | | | Audatex North America, Inc.
6.00%, 06/15/2021(1) | | | 1,900,875 | |
| | | | | 162,000 | | | First Data Corp.
6.75%, 11/01/2020(1) | | | 171,215 | |
| | | | | 340,000 | | | MSCI, Inc.
5.25%, 11/15/2024(1) | | | 344,250 | |
| | | | | 350,000 | | | Open Text Corp.
5.63%, 01/15/2023(1) | | | 346,500 | |
| | | | | 8,200,000 | | | Oracle Corp.
2.50%, 05/15/2022 | | | 7,962,266 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 14,826,068 | |
| | | | | | | | | | | | |
| | | | | | | Telecommunications - 1.9% | |
| | | | | 345,000 | | | Altice Financing S.A.
6.63%, 02/15/2023(1) | | | 342,516 | |
| | MXN | | | | 47,000,000 | | | America Movil S.A.B. de C.V.
7.13%, 12/09/2024 | | | 2,899,990 | |
| | | | | | | | AT&T, Inc. | |
| | $ | | | | 2,000,000 | | | 3.00%, 06/30/2022 | | | 1,931,128 | |
| | | | | 1,245,000 | | | 4.50%, 05/15/2035 | | | 1,144,512 | |
| | | | | 3,095,000 | | | 4.75%, 05/15/2046 | | | 2,816,370 | |
| | | | | 205,000 | | | 5.80%, 02/15/2019 | | | 229,200 | |
| | | | | 1,545,000 | | | Bharti Airtel Ltd.
4.38%, 06/10/2025(1) | | | 1,522,157 | |
| | | | | 610,000 | | | CommScope, Inc.
4.38%, 06/15/2020(1) | | | 616,100 | |
| | | | | 3,005,000 | | | Digicel Group Ltd.
7.13%, 04/01/2022(4) | | | 2,853,849 | |
| | | | | 7,400,000 | | | GTP Acquisition Partners I LLC
3.48%, 06/16/2025(1) | | | 7,295,290 | |
| | | | | 890,000 | | | Inmarsat Finance plc
4.88%, 05/15/2022(1) | | | 858,850 | |
| | | | | | | | Sprint Communications, Inc. | |
| | | | | 2,370,000 | | | 7.00%, 03/01/2020(1) | | | 2,577,849 | |
| | | | | 1,766,000 | | | 9.00%, 11/15/2018(1) | | | 1,994,273 | |
| | | | | | | | T-Mobile USA, Inc. | |
| | | | | 1,995,000 | | | 6.46%, 04/28/2019 | | | 2,054,850 | |
| | | | | 860,000 | | | 6.63%, 04/28/2021 | | | 892,250 | |
| | | | | | | | Verizon Communications, Inc. | |
| | | | | 1,631,000 | | | 2.63%, 02/21/2020 | | | 1,627,334 | |
| | | | | 6,623,000 | | | 4.27%, 01/15/2036(1) | | | 5,974,403 | |
| | | | | 3,185,000 | | | 4.40%, 11/01/2034 | | | 2,948,542 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 32.6% - (continued) | |
| | | | | | | Telecommunications - 1.9% - (continued) | |
| | $ | | | | 6,501,000 | | | 4.52%, 09/15/2048(1) | | $ | 5,711,239 | |
| | | | | 8,814,000 | | | 4.67%, 03/15/2055(1) | | | 7,667,775 | |
| | | | | 1,723,000 | | | 5.01%, 08/21/2054 | | | 1,581,002 | |
| | | | | 1,240,000 | | | Wind Acquisition Finance S.A.
4.75%, 07/15/2020(1) | | | 1,221,400 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 56,760,879 | |
| | | | | | | | | | | | |
| | | | | | | Transportation - 0.6% | |
| | | | | 1,180,000 | | | Canadian Pacific Railway Co.
9.45%, 08/01/2021 | | | 1,581,034 | |
| | | | | 6,525,000 | | | Kansas City Southern de Mexico S.A. de C.V.
3.00%, 05/15/2023 | | | 6,266,949 | |
| | | | | | | | Penske Truck Leasing Co. | |
| | | | | 970,000 | | | 2.50%, 06/15/2019(1) | | | 960,745 | |
| | | | | 6,150,000 | | | 2.88%, 07/17/2018(1) | | | 6,264,519 | |
| | | | | 1,490,000 | | | 4.88%, 07/11/2022(1) | | | 1,574,507 | |
| | | | | 1,860,000 | | | Ryder System, Inc.
2.55%, 06/01/2019 | | | 1,863,250 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 18,511,004 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Corporate Bonds
(cost $998,269,498) | | $ | 984,847,637 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| FOREIGN GOVERNMENT OBLIGATIONS - 4.3% | |
| | | | | | | Argentina - 0.0% | |
| | $ | | | | 1,365,045 | | | Provinca de Buenos Aires
9.95%, 06/09/2021 | | $ | 1,334,331 | |
| | | | | | | | | | | | |
| | | | | | | Brazil - 0.9% | |
| | BRL | | | | 7,544,000 | | | Brazil Letras do Tesouro Nacional
13.22%, 01/01/2016 | | | 2,266,226 | |
| | | | | 49,334,338 | | | Brazil Notas do Tesouro Nacional Series B
6.00%, 08/15/2016(7) | | | 15,663,561 | |
| | | | | | | | Brazilian Government International Bond | |
| | $ | | | | 5,525,000 | | | 4.88%, 01/22/2021 | | | 5,773,625 | |
| | | | | 4,875,000 | | | 5.63%, 01/07/2041 | | | 4,655,625 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 28,359,037 | |
| | | | | | | | | | | | |
| | | | | | | Chile - 0.0% | |
| | CLP | | | | 337,269,960 | | | Bonos de la Tesoreria de la Republica
3.00%, 01/01/2040(7) | | | 625,501 | |
| | | | | | | | | | | | |
| | | | | | | Colombia - 0.2% | |
| | | | | | | | Colombian TES | |
| | COP | | | | 7,372,719,120 | | | 3.00%, 03/25/2033(7) | | | 2,429,955 | |
| | | | | 5,379,304,898 | | | 3.50%, 03/10/2021(7) | | | 2,045,770 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,475,725 | |
| | | | | | | | | | | | |
| | | | | | | Costa Rica - 0.1% | |
| | CRC | | | | 860,100,000 | | | Costa Rica Government International Bond
9.20%, 03/27/2019(1) | | | 1,645,398 | |
| | | | | | | | | | | | |
| | | | | | | Dominican Republic - 0.1% | |
| | $ | | | | 2,990,000 | | | Dominican Republic International Bond
5.50%, 01/27/2025(1) | | | 2,997,475 | |
| | | | | | | | | | | | |
| | | | | | | Indonesia - 0.3% | |
| | | | | | | | Indonesia Treasury Bond | |
| | IDR$ | | | | 40,928,000,000 | | | 7.88%, 04/15/2019 | | | 3,042,962 | |
| | | | | 68,786,000,000 | | | 8.38%, 03/15/2024 | | | 5,161,388 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 8,204,350 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| FOREIGN GOVERNMENT OBLIGATIONS - 4.3% - (continued) | |
| | | | | | | Mexico - 1.1% | |
| | | | | | | | Bonos de Desarrollo del Gobierno Federal | |
| | MXN | | | | 184,118,900 | | | 3.00%, 05/28/2020(2) | | $ | 11,618,204 | |
| | | | | 107,230,000 | | | 3.04%, 12/29/2016(2) | | | 6,812,439 | |
| | | | | 64,660,509 | | | Mexican Udibonos
4.00%, 11/15/2040(7) | | | 4,421,647 | |
| | | | | | | | Mexico Government International Bond | |
| | EUR | | | | 1,845,000 | | | 3.00%, 03/06/2045 | | | 1,787,650 | |
| | $ | | | | 3,100,000 | | | 4.60%, 01/23/2046 | | | 2,867,500 | |
| | | | | 1,684,000 | | | 4.75%, 03/08/2044 | | | 1,599,800 | |
| | GBP | | | | 1,835,000 | | | 5.63%, 03/19/2114 | | | 2,765,031 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 31,872,271 | |
| | | | | | | | | | | | |
| | | | | | | Montenegro - 0.1% | |
| | EUR | | | | 3,635,000 | | | Montenegro Government International Bond
3.88%, 03/18/2020(1) | | | 3,738,711 | |
| | | | | | | | | | | | |
| | | | | | | Nigeria - 0.1% | |
| | NGN | | | | 459,230,000 | | | Nigeria Government Bond
12.15%, 07/18/2034 | | | 1,905,903 | |
| | | | | | | | | | | | |
| | | | | | | Poland - 0.1% | |
| | PLN | | | | 17,495,000 | | | Poland Government Bond
0.01%, 07/25/2017 | | | 4,469,577 | |
| | | | | | | | | | | | |
| | | | | | | Romania - 0.1% | |
| | RON | | | | 7,390,000 | | | Romania Government Bond
5.85%, 04/26/2023 | | | 2,059,258 | |
| | | | | | | | | | | | |
| | | | | | | Russia - 0.1% | |
| | RUB | | | | 144,670,000 | | | Russian Federal Bond - OFZ
7.50%, 02/27/2019 | | | 2,358,080 | |
| | | | | | | | | | | | |
| | | | | | | South Africa - 0.5% | |
| | | | | | | | South Africa Government Bond | |
| | ZAR | | | | 66,230,000 | | | 7.75%, 02/28/2023 | | | 5,321,917 | |
| | | | | 40,050,000 | | | 8.00%, 01/31/2030 | | | 3,106,140 | |
| | | | | 90,420,000 | | | 8.50%, 01/31/2037 | | | 7,131,742 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 15,559,799 | |
| | | | | | | | | | | | |
| | | | | | | Turkey - 0.3% | |
| | | | | | | | Turkey Government Bond | |
| | TRY | | | | 11,987,207 | | | 2.50%, 05/04/2016(7) | | | 4,434,654 | |
| | | | | 7,451,000 | | | 9.00%, 01/27/2016 | | | 2,766,219 | |
| | $ | | | | 3,235,000 | | | Turkey Government International Bond
4.88%, 04/16/2043 | | | 2,943,721 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,144,594 | |
| | | | | | | | | | | | |
| | | | | | | Uruguay - 0.3% | |
| | | | | | | | Uruguay Government International Bond | |
| | UYU | | | | 94,378,051 | | | 3.70%, 06/26/2037(7) | | | 2,946,046 | |
| | | | | 153,394,281 | | | 4.25%, 04/05/2027(7) | | | 5,411,582 | |
| | | | | 33,963,243 | | | 4.38%, 12/15/2028(7) | | | 1,206,969 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 9,564,597 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Foreign Government Obligations
(cost $137,289,222) | | $ | 129,314,607 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| MUNICIPAL BONDS - 1.1% | |
| | | | | | | Development - 0.0% | |
| | | | | | | | State of California | | | | |
| | $ | | | | 790,000 | | | 7.60%, 11/01/2040 | | $ | 1,154,332 | |
| | | | | 175,000 | | | 7.63%, 03/01/2040 | | | 256,310 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,410,642 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| MUNICIPAL BONDS - 1.1% - (continued) | |
| | | | | | | General - 0.4% | |
| | $ | | | | 4,500,000 | | | Chicago Transit Auth.
6.90%, 12/01/2040 | | $ | 5,183,444 | |
| | | | | 275,000 | | | Industry, CA, Urban Development Agency
6.10%, 05/01/2024 | | | 278,163 | |
| | | | | | | | Puerto Rico Commonwealth Gov’t Employees Retirement System | | | | |
| | | | | 3,325,000 | | | 6.15%, 07/01/2038 | | | 1,305,295 | |
| | | | | 1,575,000 | | | 6.20%, 07/01/2039 | | | 618,282 | |
| | | | | 7,965,000 | | | 6.30%, 07/01/2043 | | | 3,126,581 | |
| | | | | 1,995,000 | | | 6.55%, 07/01/2058 | | | 783,057 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 11,294,822 | |
| | | | | | | | | | | | |
| | | | | | | General Obligation - 0.4% | |
| | | | | 6,650,000 | | | California State GO, Taxable
7.55%, 04/01/2039 | | | 9,613,040 | |
| | | | | 2,300,000 | | | Illinois State, GO
5.10%, 06/01/2033 | | | 2,143,485 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 11,756,525 | |
| | | | | | | | | | | | |
| | | | | | | Higher Education - 0.2% | |
| | | | | 5,580,000 | | | University of California
4.60%, 05/15/2031 | | | 5,906,542 | |
| | | | | | | | | | | | |
| | | | | | | Utility - Electric - 0.1% | |
| | | | | 1,485,000 | | | Municipal Elec Auth Georgia
6.64%, 04/01/2057 | | | 1,799,360 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Municipal Bonds
(cost $34,136,761) | | $ | 32,167,891 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| SENIOR FLOATING RATE INTERESTS - 5.8%(8) | |
| | | | | | | Aerospace/Defense - 0.1% | |
| | $ | | | | 1,865,625 | | | BE Aerospace, Inc.
4.00%, 12/16/2021 | | $ | 1,873,199 | |
| | | | | 791,775 | | | DigitalGlobe, Inc.
3.75%, 01/31/2020 | | | 791,031 | |
| | | | | 997,620 | | | Transdigm, Inc.
3.50%, 05/14/2022 | | | 983,484 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,647,714 | |
| | | | | | | | | | | | |
| | | | | | | Agriculture - 0.0% | |
| | | | | 875,351 | | | Pinnacle Operating Corp.
4.75%, 11/15/2018 | | | 874,809 | |
| | | | | | | | | | | | |
| | | | | | | Airlines - 0.0% | |
| | | | | 945,750 | | | Delta Air Lines, Inc.
3.25%, 10/18/2018 | | | 942,799 | |
| | | | | | | | | | | | |
| | | | | | | Auto Manufacturers - 0.1% | |
| | | | | | | | Chrysler Group LLC | | | | |
| | | | | 1,523,213 | | | 3.25%, 12/31/2018 | | | 1,517,927 | |
| | | | | 2,648,431 | | | 3.50%, 05/24/2017 | | | 2,641,519 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,159,446 | |
| | | | | | | | | | | | |
| | | | | | | Auto Parts & Equipment - 0.1% | |
| | | | | 535,867 | | | Affinia Group Intermediate Holdings, Inc.
4.75%, 04/27/2020 | | | 535,867 | |
| | | | | 772,200 | | | CS Intermediate Holdco 2 LLC
4.00%, 04/04/2021 | | | 770,076 | |
| | | | | 558,297 | | | MPG Holdco I Inc.
3.75%, 10/20/2021 | | | 556,461 | |
| | | | | 1,636,038 | | | Tower Automotive Holdings USA LLC
4.00%, 04/23/2020 | | | 1,631,948 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,494,352 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SENIOR FLOATING RATE INTERESTS - 5.8%(8) - (continued) | |
| | | | | | | Chemicals - 0.2% | |
| | $ | | | | 470,873 | | | AIlnex (Luxembourg) & Cy SCA
4.50%, 10/03/2019 | | $ | 470,873 | |
| | | | | 244,314 | | | AIlnex USA, Inc.
4.50%, 10/03/2019 | | | 244,314 | |
| | | | | | | | Ineos U.S. Finance LLC | | | | |
| | | | | 3,453,316 | | | 3.75%, 05/04/2018 | | | 3,439,986 | |
| | | | | 234,412 | | | 4.25%, 03/31/2022 | | | 234,295 | |
| | | | | 704,846 | | | Minerals Technologies, Inc.
4.00%, 05/09/2021 | | | 704,261 | |
| | | | | 636,988 | | | Nexeo Solutions LLC
5.00%, 09/08/2017 | | | 626,834 | |
| | | | | | | | Univar Inc. | | | | |
| | | | | 400,000 | | | 0.00%, 07/01/2022(9) | | | 399,376 | |
| | | | | 369,211 | | | 5.01%, 06/30/2017 | | | 368,724 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,488,663 | |
| | | | | | | | | | | | |
| | | | | | | Coal - 0.1% | |
| | | | | 540,000 | | | American Energy - Marcellus LLC
5.25%, 08/04/2020 | | | 416,815 | |
| | | | | 3,757,878 | | | Arch Coal, Inc.
6.25%, 05/16/2018 | | | 2,557,725 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,974,540 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Services - 0.2% | |
| | | | | 980,075 | | | Acosta Holdco, Inc.
4.25%, 09/26/2021 | | | 976,096 | |
| | | | | 836,550 | | | Interactive Data Corp.
4.75%, 05/02/2021 | | | 838,641 | |
| | | | | 994,232 | | | Moneygram International, Inc.
4.25%, 03/27/2020 | | | 943,695 | |
| | | | | 717,576 | | | ON Assignment, Inc.
3.75%, 05/19/2022 | | | 717,396 | |
| | | | | 1,269,278 | | | ServiceMaster Co.
4.25%, 07/01/2021 | | | 1,268,288 | |
| | | | | 2,547,570 | | | Weight Watchers International, Inc.
4.00%, 04/02/2020 | | | 1,220,872 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 5,964,988 | |
| | | | | | | | | | | | |
| | | | | | | Distribution/Wholesale - 0.0% | |
| | | | | 923,550 | | | ABC Supply Co., Inc.
3.50%, 04/16/2020 | | | 918,701 | |
| | | | | | | | | | | | |
| | | | | | | Diversified Financial Services - 0.1% | |
| | | | | 765,000 | | | Delos Finance S.a.r.l.
3.50%, 03/06/2021 | | | 762,514 | |
| | | | | 1,125,366 | | | Walter Investment Management Corp.
4.75%, 12/19/2020 | | | 1,062,773 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,825,287 | |
| | | | | | | | | | | | |
| | | | | | | Electric - 0.2% | |
| | | | | 1,373,997 | | | Calpine Corp.
3.25%, 01/31/2022 | | | 1,352,356 | |
| | | | | 625,000 | | | Chief Exploration & Development LLC
7.50%, 05/12/2021 | | | 586,250 | |
| | | | | 600,000 | | | Energy Future Intermediate Holding Co. LLC
4.25%, 06/19/2016 | | | 599,748 | |
| | | | | 2,139,067 | | | Seadrill Partners Finco LLC
4.00%, 02/21/2021 | | | 1,610,996 | |
| | | | | 2,050,969 | | | Star West Generation LLC
4.25%, 03/13/2020 | | | 2,048,405 | |
| | | | | 800,000 | | | Texas Competitive Electric Holdings Co. LLC
4.67%, 10/10/2017 | | | 458,640 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,656,395 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SENIOR FLOATING RATE INTERESTS - 5.8%(8) - (continued) | |
| | | | | | | Electronics - 0.1% | |
| | $ | | | | 2,824,993 | | | CDW LLC
3.25%, 04/29/2020 | | $ | 2,799,229 | |
| | | | | | | | | | | | |
| | | | | | | Entertainment - 0.0% | | | |
| | | | | 582,075 | | | Scientific Games Corp.
6.00%, 10/01/2021 | | | 581,423 | |
| | | | | | | | | | | | |
| | | | | | | Food - 0.2% | |
| | | | | 802,988 | | | Albertson’s Holdings LLC
5.50%, 08/25/2021 | | | 806,071 | |
| | | | | 1,004,775 | | | Aramark Services, Inc.
3.25%, 02/24/2021 | | | 999,570 | |
| | | | | 2,355,912 | | | H.J. Heinz Co.
3.25%, 06/05/2020 | | | 2,354,734 | |
| | | | | 250,938 | | | Hostess Brands, Inc.
6.75%, 04/09/2020 | | | 254,074 | |
| | | | | 623,547 | | | Roundy’s Supermarkets, Inc.
5.75%, 03/03/2021 | | | 601,723 | |
| | | | | 1,129,915 | | | U.S. Foods, Inc.
4.50%, 03/31/2019 | | | 1,130,852 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,147,024 | |
| | | | | | | | | | | | |
| | | | | | | Food Service - 0.0% | |
| | | | | 594,000 | | | Hearthside Food Solutions
4.50%, 06/02/2021 | | | 594,493 | |
| | | | | | | | | | | | |
| | | | | | | Forest Products & Paper - 0.0% | |
| | | | | 838,855 | | | Wilsonart LLC
4.00%, 10/31/2019 | | | 829,418 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Products - 0.1% | |
| | | | | 1,505,938 | | | Mallinckrodt International Finance S.A.
3.25%, 03/19/2021 | | | 1,497,986 | |
| | | | | 435,000 | | | Sterigenics-Nordion Holdings LLC
4.25%, 05/15/2022 | | | 433,913 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,931,899 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Services - 0.4% | |
| | | | | 1,182,376 | | | American Renal Holdings, Inc.
4.50%, 09/22/2019 | | | 1,180,898 | |
| | | | | 202,950 | | | Catalent Pharma Solutions, Inc.
4.25%, 05/20/2021 | | | 202,950 | |
| | | | | 1,155,000 | | | Chemours Co. (The)
3.75%, 05/22/2022 | | | 1,149,225 | |
| | | | | | | | Community Health Systems, Inc. | | | | |
| | | | | 1,695,750 | | | 3.53%, 12/31/2018 | | | 1,694,275 | |
| | | | | 493,755 | | | 3.75%, 12/31/2019 | | | 493,612 | |
| | | | | 908,495 | | | 4.00%, 01/27/2021 | | | 909,422 | |
| | | | | 1,826,550 | | | DaVita HealthCare Partners, Inc.
3.50%, 06/24/2021 | | | 1,824,961 | |
| | | | | 2,146,763 | | | HCA, Inc.
3.03%, 05/01/2018 | | | 2,145,303 | |
| | | | | 372,188 | | | Healogics, Inc.
5.25%, 07/01/2021 | | | 371,026 | |
| | | | | 1,013,769 | | | IMS Health, Inc.
3.50%, 03/17/2021 | | | 1,007,433 | |
| | | | | 430,223 | | | Opal Acquisition, Inc.
5.00%, 11/27/2020 | | | 422,966 | |
| | | | | 1,593,900 | | | Ortho-Clinical Diagnostics, Inc.
4.75%, 06/30/2021 | | | 1,560,890 | |
| | | | | 517,400 | | | Surgery Center Holdings, Inc.
5.25%, 11/03/2020 | | | 516,753 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 13,479,714 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SENIOR FLOATING RATE INTERESTS - 5.8%(8) - (continued) | |
| | | | | | | Home Furnishings - 0.0% | |
| | $ | | | | 795,000 | | | Tempur-Pedic International, Inc.
3.50%, 03/18/2020 | | $ | 794,404 | |
| | | | | | | | | | | | |
| | | | | | | Insurance - 0.5% | |
| | | | | | | | Asurion LLC | | | | |
| | | | | 1,209,159 | | | 5.00%, 05/24/2019 | | | 1,211,179 | |
| | | | | 1,615,000 | | | 8.50%, 03/03/2021 | | | 1,638,724 | |
| | | | | 798,700 | | | CGSC of Delaware Holdings Corp.
5.00%, 04/16/2020 | | | 734,804 | |
| | | | | 4,627,538 | | | Evertec Group LLC
3.50%, 04/17/2020 | | | 4,546,556 | |
| | | | | 415,256 | | | National Financial Partners Corp.
4.50%, 07/01/2020 | | | 414,089 | |
| | | | | | | | Sedgwick Claims Management Services, Inc. | | | | |
| | | | | 3,709,288 | | | 3.75%, 03/01/2021 | | | 3,647,009 | |
| | | | | 1,250,000 | | | 6.75%, 02/28/2022 | | | 1,224,612 | |
| | | | | 1,080,043 | | | USI, Inc.
4.25%, 12/27/2019 | | | 1,077,796 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 14,494,769 | |
| | | | | | | | | | | | |
| | | | | | | Internet - 0.1% | |
| | | | | 735,189 | | | Lands’ End, Inc.
4.25%, 04/04/2021 | | | 702,105 | |
| | | | | 1,811,136 | | | Zayo Group LLC / Zayo Capital, Inc.
3.75%, 05/06/2021 | | | 1,794,274 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,496,379 | |
| | | | | | | | | | | | |
| | | | | | | Leisure Time - 0.2% | |
| | | | | 1,103,923 | | | Aristocrat Leisure Ltd.
4.75%, 10/20/2021 | | | 1,107,467 | |
| | | | | | | | Delta 2 (LUX) S.a.r.l. | | | | |
| | | | | 2,675,000 | | | 4.75%, 07/30/2021 | | | 2,657,318 | |
| | | | | 1,390,000 | | | 7.75%, 07/31/2022 | | | 1,386,525 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 5,151,310 | |
| | | | | | | | | | | | |
| | | | | | | Lodging - 0.3% | |
| | | | | 3,460,431 | | | Caesars Entertainment Operating Co.
11.00%, 03/01/2017 | | | 3,095,286 | |
| | | | | 787,050 | | | Caesars Growth Properties Holdings LLC
6.25%, 05/08/2021 | | | 665,711 | |
| | | | | 1,101,322 | | | Hilton Worldwide Finance LLC
3.50%, 10/26/2020 | | | 1,101,498 | |
| | | | | 1,192,635 | | | La Quinta Intermediate Holdings LLC
4.00%, 04/14/2021 | | | 1,190,404 | |
| | | | | 1,350,375 | | | MGM Resorts International
3.50%, 12/20/2019 | | | 1,339,910 | |
| | | | | 366,252 | | | Station Casinos LLC
4.25%, 03/02/2020 | | | 365,794 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 7,758,603 | |
| | | | | | | | | | | | |
| | | | | | | Machinery-Construction & Mining - 0.1% | |
| | | | | 1,430,550 | | | American Rock Salt Holdings LLC
4.75%, 05/20/2021 | | | 1,425,443 | |
| | | | | 608,122 | | | Neff Rental LLC
7.25%, 06/09/2021 | | | 601,663 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,027,106 | |
| | | | | | | | | | | | |
| | | | | | | Machinery-Diversified - 0.1% | |
| | | | | 1,885,750 | | | Gates Global, Inc.
4.25%, 07/05/2021 | | | 1,855,107 | |
| | | | | | | | | | | | |
| | | | | | | Media - 0.3% | |
| | | | | 943,619 | | | Advantage Sales & Marketing, Inc.
4.25%, 07/23/2021 | | | 938,373 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SENIOR FLOATING RATE INTERESTS - 5.8%(8) - (continued) | |
| | | | | | | Media - 0.3% - (continued) | |
| | $ | | | | 1,788,023 | | | AVSC Holding Corp.
4.50%, 01/24/2021 | | $ | 1,782,659 | |
| | | | | | | | Charter Communications Operating LLC | | | | |
| | | | | 3,013,500 | | | 3.00%, 07/01/2020 | | | 2,977,097 | |
| | | | | 1,082,900 | | | 3.00%, 01/03/2021 | | | 1,068,595 | |
| | | | | 441,905 | | | Media General, Inc.
4.00%, 07/31/2020 | | | 441,490 | |
| | | | | | | | Numericable U.S. LLC | |
| | | | | 479,988 | | | 4.50%, 05/21/2020 | | | 481,015 | |
| | | | | 554,812 | | | 4.50%, 05/21/2020 | | | 555,999 | |
| | | | | 1,825,695 | | | Tribune Media Co.
3.75%, 12/27/2020 | | | 1,825,129 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,070,357 | |
| | | | | | | | | | | | |
| | | | | | | Metal Fabricate/Hardware - 0.1% | |
| | | | | 1,989,563 | | | Rexnord LLC
4.00%, 08/21/2020 | | | 1,982,102 | |
| | | | | | | | | | | | |
| | | | | | | Mining - 0.2% | |
| | | | | 124,685 | | | American Rock Salt Holdings LLC
4.75%, 05/20/2021 | | | 124,062 | |
| | | | | 464,125 | | | Ardagh Holdings USA, Inc.
4.00%, 12/17/2019 | | | 462,528 | |
| | | | | 2,577,589 | | | FMG Resources August 2006 Pty Ltd.
3.75%, 06/30/2019 | | | 2,283,512 | |
| | | | | 3,668,016 | | | Novelis, Inc.
4.00%, 06/02/2022 | | | 3,647,952 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,518,054 | |
| | | | | | | | | | | | |
| | | | | | | Miscellaneous Manufacturing - 0.0% | |
| | | | | 216,390 | | | Husky Injection Molding Systems Ltd.
4.25%, 06/30/2021 | | | 215,083 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas - 0.1% | |
| | | | | 535,950 | | | Drillships Ocean Ventures, Inc.
5.50%, 07/25/2021 | | | 454,888 | |
| | | | | 1,521,780 | | | Fieldwood Energy LLC
3.88%, 09/28/2018 | | | 1,447,121 | |
| | | | | 600,000 | | | Templar Energy LLC
8.50%, 11/25/2020 | | | 440,400 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,342,409 | |
| | | | | | | | | | | | |
| | | | | | | Packaging & Containers - 0.3% | |
| | | | | 3,299,063 | | | Berry Plastics Holding Corp.
3.50%, 02/08/2020 | | | 3,281,445 | |
| | | | | 1,234,101 | | | BWAY Holding Co., Inc.
5.50%, 08/14/2020 | | | 1,234,101 | |
| | | | | 518,768 | | | CD&R Millenium Holding Co.
4.50%, 07/31/2021 | | | 517,150 | |
| | | | | 1,846,731 | | | Reynolds Group Holdings, Inc.
4.50%, 12/01/2018 | | | 1,851,735 | |
| | | | | 816,500 | | | Signode Industrial Group U.S., Inc.
3.75%, 05/01/2021 | | | 806,294 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 7,690,725 | |
| | | | | | | | | | | | |
| | | | | | | Pharmaceuticals - 0.1% | |
| | | | | 1,400,000 | | | Endo Luxembourg Finance Company I S.a r.l.
0.00%, 06/11/2022(9) | | | 1,402,632 | |
| | | | | 1,431,413 | | | Valeant Pharmaceuticals International
4.00%, 04/01/2022 | | | 1,429,022 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,831,654 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SENIOR FLOATING RATE INTERESTS - 5.8%(8) - (continued) | |
| | | | | | | Pipelines - 0.1% | |
| | $ | | | | 738,882 | | | Energy Transfer Equity L.P.
4.00%, 12/02/2019 | | $ | 738,144 | |
| | | | | 1,404,375 | | | EP Energy LLC
4.50%, 04/30/2019 | | | 1,399,993 | |
| | | | | 811,325 | | | Philadelphia Energy Solutions LLC
6.25%, 04/04/2018 | | | 805,240 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,943,377 | |
| | | | | | | | | | | | |
| | | | | | | Real Estate - 0.0% | |
| | | | | | | | DTZ U.S. Borrower LLC | |
| | | | | 761,656 | | | 5.50%, 11/04/2021 | | | 764,040 | |
| | | | | 415,000 | | | 9.25%, 11/04/2022 | | | 415,000 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,179,040 | |
| | | | | | | | | | | | |
| | | | | | | Retail - 0.2% | |
| | | | | 513,713 | | | Bass Pro Group LLC
4.00%, 06/05/2020 | | | 513,163 | |
| | | | | 676,709 | | | Dollar Tree, Inc.
3.50%, 07/06/2022 | | | 676,147 | |
| | | | | 1,146,338 | | | Michaels Stores, Inc.
4.00%, 01/28/2020 | | | 1,146,578 | |
| | | | | 1,563,645 | | | Neiman Marcus Group, Inc.
4.25%, 10/25/2020 | | | 1,552,902 | |
| | | | | 1,825,000 | | | PetSmart, Inc.
4.25%, 03/11/2022 | | | 1,819,981 | |
| | | | | 607,182 | | | Restaurant Bands
3.75%, 12/10/2021 | | | 606,339 | |
| | | | | 250,000 | | | Rite Aid Corp.
5.75%, 08/21/2020 | | | 252,345 | |
| | | | | 570,000 | | | Staples, Inc.
0.00%, 04/07/2021(9) | | | 568,695 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 7,136,150 | |
| | | | | | | | | | | | |
| | | | | | | Semiconductors - 0.2% | |
| | | | | 1,291,525 | | | Avago Technologies Cayman Ltd.
3.75%, 05/06/2021 | | | 1,292,675 | |
| | | | | | | | Freescale Semiconductor, Inc. | |
| | | | | 1,021,708 | | | 4.25%, 02/28/2020 | | | 1,021,994 | |
| | | | | 1,378,947 | | | 5.00%, 01/15/2021 | | | 1,382,684 | |
| | | | | 972,563 | | | Lattice Semiconductor Corp.
5.25%, 03/10/2021 | | | 973,778 | |
| | | | | 1,050,620 | | | NXP B.V.
3.25%, 01/11/2020 | | | 1,046,029 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 5,717,160 | |
| | | | | | | | | | | | |
| | | | | | | Software - 0.6% | |
| | | | | 360,000 | | | Epicor Software Corp.
4.75%, 05/08/2022 | | | 358,715 | |
| | | | | | | | First Data Corp. | |
| | | | | 5,740,000 | | | 3.69%, 03/24/2018 | | | 5,716,409 | |
| | | | | 845,000 | | | 4.19%, 03/24/2021 | | | 845,879 | |
| | | | | 839,180 | | | Hyland Software, Inc.
4.75%, 02/19/2021 | | | 839,600 | |
| | | | | 2,236,929 | | | Infor U.S., Inc.
3.75%, 06/03/2020 | | | 2,204,314 | |
| | | | | | | | Kronos, Inc. | |
| | | | | 2,701,422 | | | 4.50%, 10/30/2019 | | | 2,698,721 | |
| | | | | 593,762 | | | 9.75%, 04/30/2020 | | | 611,575 | |
| | | | | | | | SS&C Technologies Holdings, Inc. | |
| | | | | 1,150,000 | | | 0.00%, 07/08/2022(9) | | | 1,149,287 | |
| | | | | 260,000 | | | 0.00%, 07/08/2022(9) | | | 259,839 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| SENIOR FLOATING RATE INTERESTS - 5.8%(8) - (continued) | |
| | | | | | | Software - 0.6% - (continued) | |
| | $ | | | | 293,525 | | | TransFirst, Inc.
4.75%, 11/12/2021 | | $ | 292,791 | |
| | | | | 1,675,504 | | | Verint Systems, Inc.
3.50%, 09/06/2019 | | | 1,671,734 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 16,648,864 | |
| | | | | | | | | | | | |
| | | | | | | Telecommunications - 0.4% | |
| | | | | 575,000 | | | Altice Financing S.A.
5.25%, 02/04/2022 | | | 575,960 | |
| | | | | 305,000 | | | CommScope, Inc.
0.00%, 12/29/2022(9) | | | 304,366 | |
| | | | | 2,020,000 | | | Level 3 Financing, Inc.
3.50%, 05/31/2022 | | | 2,004,426 | |
| | | | | 2,336,400 | | | SBA Senior Finance II LLC
3.25%, 03/24/2021 | | | 2,311,985 | |
| | | | | 1,008,302 | | | Syniverse Holdings, Inc.
4.00%, 04/23/2019 | | | 948,228 | |
| | | | | 205,000 | | | TransFirst Holding, Inc.
9.00%, 11/12/2022 | | | 205,307 | |
| | | | | 1,952,632 | | | Virgin Media Investment Holdings Ltd.
3.50%, 06/30/2023 | | | 1,931,484 | |
| | | | | | | | Ziggo Financing Partnership | |
| | | | | 970,691 | | | 3.50%, 01/15/2022 | | | 958,072 | |
| | | | | 625,532 | | | 3.50%, 01/15/2022 | | | 617,400 | |
| | | | | 1,028,777 | | | 3.50%, 01/15/2022 | | | 1,015,403 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,872,631 | |
| | | | | | | | | | | | |
| | | | | | | Trucking & Leasing - 0.0% | |
| | | | | 1,167,000 | | | Consolidated Container Co.
5.00%, 07/03/2019 | | | 1,139,774 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Senior Floating Rate Interests
(cost $180,774,226) | | $ | 176,175,952 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| U.S. GOVERNMENT AGENCIES - 46.1% | |
| | | | | | | FHLMC - 8.9% | |
| | $ | | | | 67,017,962 | | | 0.50%, 10/25/2020(2)(3) | | $ | 780,022 | |
| | | | | 31,381,398 | | | 2.13%, 08/25/2018(2)(3) | | | 1,641,843 | |
| | | | | 5,177,857 | | | 3.00%, 08/01/2029 | | | 5,381,464 | |
| | | | | 17,600,000 | | | 3.00%, 07/01/2030(10) | | | 18,220,400 | |
| | | | | 30,200,000 | | | 3.00%, 07/01/2045(10) | | | 30,019,507 | |
| | | | | 9,200,000 | | | 3.50%, 07/01/2030(10) | | | 9,694,000 | |
| | | | | 10,109,659 | | | 3.50%, 08/01/2034 | | | 10,561,361 | |
| | | | | 59,300,000 | | | 3.50%, 07/01/2045(10) | | | 61,004,875 | |
| | | | | 11,230,537 | | | 4.00%, 08/01/2025 | | | 11,975,724 | |
| | | | | 8,064,808 | | | 4.00%, 05/01/2042 | | | 8,551,537 | |
| | | | | 2,202,725 | | | 4.00%, 08/01/2042 | | | 2,339,200 | |
| | | | | 3,480,639 | | | 4.00%, 09/01/2042 | | | 3,696,294 | |
| | | | | 1,051,574 | | | 4.00%, 07/01/2044 | | | 1,113,917 | |
| | | | | 497,290 | | | 4.00%, 06/01/2045 | | | 527,918 | |
| | | | | 35,600,000 | | | 4.00%, 07/01/2045(10) | | | 37,647,694 | |
| | | | | 1,549,221 | | | 4.50%, 03/15/2041 | | | 1,762,665 | |
| | | | | 22,800,000 | | | 4.50%, 07/01/2045(10) | | | 24,620,794 | |
| | | | | 3,769 | | | 5.50%, 10/01/2018 | | | 3,948 | |
| | | | | 119,103 | | | 5.50%, 03/01/2028 | | | 133,291 | |
| | | | | 235,875 | | | 5.50%, 04/01/2033 | | | 265,462 | |
| | | | | 2,121,993 | | | 5.50%, 05/01/2034 | | | 2,390,629 | |
| | | | | 4,078 | | | 5.50%, 11/01/2035 | | | 4,569 | |
| | | | | 60,093 | | | 5.50%, 05/01/2037 | | | 67,233 | |
| | | | | 139,042 | | | 5.50%, 11/01/2037 | | | 155,668 | |
| | | | | 242,339 | | | 5.50%, 02/01/2038 | | | 271,131 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 46.1% - (continued) | |
| | | | | | | FHLMC - 8.9% - (continued) | |
| | $ | | | | 102,350 | | | 5.50%, 04/01/2038 | | $ | 114,511 | |
| | | | | 124,568 | | | 5.50%, 06/01/2038 | | | 139,399 | |
| | | | | 14,144,530 | | | 5.50%, 08/01/2038 | | | 15,826,089 | |
| | | | | 1,343,241 | | | 5.50%, 09/01/2038 | | | 1,502,831 | |
| | | | | 27,059 | | | 5.50%, 12/01/2039 | | | 30,274 | |
| | | | | 357,943 | | | 5.50%, 02/01/2040 | | | 400,586 | |
| | | | | 1,117,756 | | | 5.50%, 05/01/2040 | | | 1,250,568 | |
| | | | | 1,171,797 | | | 5.50%, 08/01/2040 | | | 1,311,017 | |
| | | | | 4,237,668 | | | 5.50%, 06/01/2041 | | | 4,741,142 | |
| | | | | 142 | | | 6.00%, 04/01/2017 | | | 146 | |
| | | | | 152 | | | 6.00%, 05/01/2017 | | | 156 | |
| | | | | 264 | | | 6.00%, 07/01/2017 | | | 270 | |
| | | | | 1,845 | | | 6.00%, 07/01/2029 | | | 2,087 | |
| | | | | 533,906 | | | 6.00%, 10/01/2032 | | | 611,646 | |
| | | | | 616,867 | | | 6.00%, 11/01/2032 | | | 706,388 | |
| | | | | 645,764 | | | 6.00%, 12/01/2032 | | | 739,316 | |
| | | | | 38,929 | | | 6.00%, 11/01/2033 | | | 44,544 | |
| | | | | 66,336 | | | 6.00%, 01/01/2034 | | | 75,990 | |
| | | | | 41,575 | | | 6.00%, 02/01/2034 | | | 47,430 | |
| | | | | 522,747 | | | 6.00%, 08/01/2034 | | | 597,970 | |
| | | | | 582,961 | | | 6.00%, 09/01/2034 | | | 666,118 | |
| | | | | 7,141 | | | 6.00%, 09/01/2034 | | | 8,173 | |
| | | | | 454,635 | | | 6.00%, 01/01/2035 | | | 518,651 | |
| | | | | 4,897,515 | | | 6.00%, 11/01/2037 | | | 5,537,078 | |
| | | | | 1,100,000 | | | 6.00%, 07/01/2045(10) | | | 1,246,050 | |
| | | | | 288 | | | 6.50%, 07/01/2031 | | | 330 | |
| | | | | 383 | | | 6.50%, 08/01/2032 | | | 439 | |
| | | | | 367,979 | | | 6.50%, 12/01/2037 | | | 421,433 | |
| | | | | 332 | | | 7.50%, 09/01/2029 | | | 359 | |
| | | | | 3,440 | | | 7.50%, 11/01/2031 | | | 3,989 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 269,376,126 | |
| | | | | | | | | | | | |
| | | | | | | FNMA - 29.6% | |
| | | | | 7,422,638 | | | 2.14%, 11/01/2022 | | | 7,298,883 | |
| | | | | 10,301,019 | | | 2.15%, 10/01/2022 | | | 10,148,956 | |
| | | | | 4,971,195 | | | 2.20%, 12/01/2022 | | | 4,905,437 | |
| | | | | 2,899,319 | | | 2.28%, 11/01/2022 | | | 2,870,238 | |
| | | | | 2,463,174 | | | 2.34%, 11/01/2022 | | | 2,446,787 | |
| | | | | 2,278,961 | | | 2.40%, 10/01/2022 | | | 2,275,553 | |
| | | | | 1,010,822 | | | 2.42%, 10/01/2022 | | | 1,011,178 | |
| | | | | 1,935,240 | | | 2.42%, 11/01/2022 | | | 1,935,060 | |
| | | | | 135,000 | | | 2.44%, 01/01/2023 | | | 133,903 | |
| | | | | 113,943 | | | 2.45%, 08/01/2022 | | | 114,288 | |
| | | | | 1,991,474 | | | 2.47%, 11/01/2022 | | | 1,996,782 | |
| | | | | 7,225,000 | | | 2.50%, 07/01/2030(10) | | | 7,312,523 | |
| | | | | 319,217 | | | 2.50%, 01/01/2043 | | | 306,607 | |
| | | | | 1,210,790 | | | 2.50%, 02/01/2043 | | | 1,162,961 | |
| | | | | 5,453,840 | | | 2.50%, 02/01/2043 | | | 5,238,763 | |
| | | | | 2,801,839 | | | 2.50%, 03/01/2043 | | | 2,691,512 | |
| | | | | 5,441,803 | | | 2.50%, 05/01/2043 | | | 5,227,154 | |
| | | | | 3,314,892 | | | 2.50%, 06/01/2043 | | | 3,183,669 | |
| | | | | 2,400,000 | | | 2.50%, 07/01/2045(10) | | | 2,302,439 | |
| | | | | 1,891,671 | | | 2.64%, 03/01/2027 | | | 1,819,127 | |
| | | | | 129,299 | | | 2.66%, 09/01/2022 | | | 131,086 | |
| | | | | 1,150,000 | | | 2.76%, 05/01/2021 | | | 1,180,398 | |
| | | | | 179,108 | | | 2.78%, 04/01/2022 | | | 183,377 | |
| | | | | 4,115,000 | | | 2.78%, 02/01/2027 | | | 4,002,261 | |
| | | | | 3,674,000 | | | 2.78%, 03/01/2027 | | | 3,555,290 | |
| | | | | 4,705,000 | | | 2.85%, 02/01/2027 | | | 4,594,215 | |
| | | | | 5,320,000 | | | 2.97%, 06/01/2027 | | | 5,237,000 | |
| | | | | 7,071,000 | | | 2.97%, 06/01/2030 | | | 6,725,578 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 46.1% - (continued) | |
| | | | | | | FNMA - 29.6% - (continued) | |
| | $ | | | | 178,969 | | | 2.98%, 01/01/2022 | | $ | 184,893 | |
| | | | | 600,000 | | | 3.00%, 07/01/2030(10) | | | 621,605 | |
| | | | | 105,000,000 | | | 3.00%, 07/01/2045(10) | | | 104,608,297 | |
| | | | | 2,333,000 | | | 3.13%, 02/01/2027 | | | 2,330,719 | |
| | | | | 540,000 | | | 3.16%, 12/01/2026 | | | 542,052 | |
| | | | | 138,298 | | | 3.20%, 04/01/2022 | | | 144,494 | |
| | | | | 1,055,000 | | | 3.21%, 05/01/2023 | | | 1,096,035 | |
| | | | | 505,200 | | | 3.24%, 12/01/2026 | | | 511,710 | |
| | | | | 1,465,965 | | | 3.26%, 05/01/2024 | | | 1,518,805 | |
| | | | | 575,000 | | | 3.34%, 04/01/2024 | | | 599,122 | |
| | | | | 218,634 | | | 3.45%, 01/01/2024 | | | 229,398 | |
| | | | | 230,457 | | | 3.47%, 01/01/2024 | | | 242,128 | |
| | | | | 471,975,000 | | | 3.50%, 07/01/2045(10) | | | 486,392,373 | |
| | | | | 575,933 | | | 3.67%, 08/01/2023 | | | 614,466 | |
| | | | | 155,000 | | | 3.70%, 10/01/2023 | | | 165,203 | |
| | | | | 2,068,807 | | | 3.74%, 06/01/2026 | | | 2,187,531 | |
| | | | | 210,000 | | | 3.76%, 03/01/2024 | | | 224,707 | |
| | | | | 315,000 | | | 3.86%, 12/01/2025 | | | 336,182 | |
| | | | | 165,000 | | | 3.86%, 11/01/2023 | | | 177,809 | |
| | | | | 546,897 | | | 3.87%, 10/01/2025 | | | 584,515 | |
| | | | | 697,690 | | | 3.89%, 05/01/2030 | | | 740,971 | |
| | | | | 730,286 | | | 3.93%, 10/01/2023 | | | 798,539 | |
| | | | | 305,578 | | | 3.96%, 05/01/2034 | | | 328,159 | |
| | | | | 195,000 | | | 3.97%, 05/01/2029 | | | 208,592 | |
| | | | | 5,529,266 | | | 4.00%, 06/01/2025 | | | 5,909,303 | |
| | | | | 1,550,455 | | | 4.00%, 10/01/2025 | | | 1,656,797 | |
| | | | | 1,241,836 | | | 4.00%, 08/01/2042 | | | 1,321,033 | |
| | | | | 1,632,652 | | | 4.00%, 04/01/2045 | | | 1,734,100 | |
| | | | | 2,010,488 | | | 4.00%, 05/01/2045 | | | 2,135,723 | |
| | | | | 1,504,249 | | | 4.00%, 06/01/2045 | | | 1,598,183 | |
| | | | | 25,189,000 | | | 4.00%, 07/01/2045(10) | | | 26,687,252 | |
| | | | | 1,563,946 | | | 4.02%, 11/01/2028 | | | 1,680,536 | |
| | | | | 1,309,805 | | | 4.02%, 11/01/2028 | | | 1,407,449 | |
| | | | | 458,991 | | | 4.06%, 10/01/2028 | | | 501,628 | |
| | | | | 1,813,407 | | | 4.50%, 04/01/2025 | | | 1,946,120 | |
| | | | | 2,429,783 | | | 4.50%, 08/01/2040 | | | 2,656,719 | |
| | | | | 4,001,553 | | | 4.50%, 08/01/2040 | | | 4,354,480 | |
| | | | | 2,352,657 | | | 4.50%, 08/01/2040 | | | 2,560,067 | |
| | | | | 65,600,000 | | | 4.50%, 07/01/2045(10) | | | 70,919,753 | |
| | | | | 6,123 | | | 5.00%, 02/01/2018 | | | 6,409 | |
| | | | | 127,604 | | | 5.00%, 04/01/2018 | | | 133,578 | |
| | | | | 686,997 | | | 5.00%, 05/01/2018 | | | 719,158 | |
| | | | | 142,412 | | | 5.00%, 05/01/2018 | | | 149,079 | |
| | | | | 319,737 | | | 5.00%, 06/01/2018 | | | 334,705 | |
| | | | | 145,036 | | | 5.00%, 06/01/2018 | | | 151,826 | |
| | | | | 133,371 | | | 5.00%, 06/01/2018 | | | 139,614 | |
| | | | | 150,002 | | | 5.00%, 06/01/2018 | | | 157,024 | |
| | | | | 214,735 | | | 5.00%, 06/01/2018 | | | 224,788 | |
| | | | | 22,546 | | | 5.00%, 07/01/2018 | | | 23,601 | |
| | | | | 280,747 | | | 5.00%, 09/01/2018 | | | 293,890 | |
| | | | | 638,630 | | | 5.00%, 01/01/2020 | | | 675,690 | |
| | | | | 1,889,013 | | | 5.00%, 06/01/2022 | | | 2,048,649 | |
| | | | | 672,934 | | | 5.00%, 06/01/2025 | | | 737,392 | |
| | | | | 1,754,338 | | | 5.00%, 04/25/2038 | | | 1,904,683 | |
| | | | | 22,500,000 | | | 5.00%, 07/01/2045(10) | | | 24,855,469 | |
| | | | | 12,741 | | | 5.50%, 01/01/2017 | | | 13,059 | |
| | | | | 22,992 | | | 5.50%, 02/01/2018 | | | 23,797 | |
| | | | | 134,858 | | | 5.50%, 02/01/2018 | | | 139,614 | |
| | | | | 3,850 | | | 5.50%, 06/01/2018 | | | 4,034 | |
| | | | | 24,885 | | | 5.50%, 11/01/2018 | | | 25,871 | |
| | | | | 100,616 | | | 5.50%, 08/01/2019 | | | 107,236 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 46.1% - (continued) | |
| | | | | | | FNMA - 29.6% - (continued) | |
| | $ | | | | 173,672 | | | 5.50%, 09/01/2019 | | $ | 183,377 | |
| | | | | 34,350 | | | 5.50%, 09/01/2019 | | | 36,345 | |
| | | | | 21,305 | | | 5.50%, 10/01/2019 | | | 22,499 | |
| | | | | 32,266 | | | 5.50%, 10/01/2019 | | | 34,135 | |
| | | | | 25,926 | | | 5.50%, 01/01/2020 | | | 27,375 | |
| | | | | 8,945 | | | 5.50%, 03/01/2020 | | | 9,482 | |
| | | | | 6,906 | | | 5.50%, 03/01/2020 | | | 7,270 | |
| | | | | 1,041,819 | | | 5.50%, 05/01/2020 | | | 1,118,984 | |
| | | | | 431,845 | | | 5.50%, 06/01/2022 | | | 473,931 | |
| | | | | 539,472 | | | 5.50%, 06/01/2033 | | | 608,300 | |
| | | | | 468,815 | | | 5.50%, 08/01/2033 | | | 528,797 | |
| | | | | 2,539,499 | | | 5.50%, 09/01/2033 | | | 2,860,697 | |
| | | | | 2,467,365 | | | 5.50%, 12/01/2033 | | | 2,815,185 | |
| | | | | 2,113,650 | | | 5.50%, 01/01/2034 | | | 2,381,234 | |
| | | | | 9,098,513 | | | 5.50%, 11/01/2035 | | | 10,251,708 | |
| | | | | 2,960,898 | | | 5.50%, 04/01/2036 | | | 3,320,629 | |
| | | | | 2,186,614 | | | 5.50%, 09/01/2036 | | | 2,462,600 | |
| | | | | 251,518 | | | 5.50%, 01/01/2037 | | | 281,989 | |
| | | | | 5,892,867 | | | 5.50%, 06/25/2042(3) | | | 1,021,454 | |
| | | | | 18,677 | | | 6.00%, 04/01/2016 | | | 18,847 | |
| | | | | 7,454 | | | 6.00%, 06/01/2016 | | | 7,469 | |
| | | | | 808 | | | 6.00%, 06/01/2016 | | | 813 | |
| | | | | 3,645 | | | 6.00%, 06/01/2016 | | | 3,693 | |
| | | | | 5,510 | | | 6.00%, 06/01/2016 | | | 5,591 | |
| | | | | 32 | | | 6.00%, 06/01/2016 | | | 32 | |
| | | | | 5,448 | | | 6.00%, 06/01/2016 | | | 5,522 | |
| | | | | 24,708 | | | 6.00%, 07/01/2016 | | | 25,041 | |
| | | | | 406 | | | 6.00%, 10/01/2016 | | | 414 | |
| | | | | 6,017 | | | 6.00%, 03/01/2022 | | | 6,699 | |
| | | | | 644,077 | | | 6.00%, 12/01/2032 | | | 740,136 | |
| | | | | 201,262 | | | 6.00%, 12/01/2032 | | | 228,292 | |
| | | | | 1,046,638 | | | 6.00%, 01/01/2033 | | | 1,197,454 | |
| | | | | 171,915 | | | 6.00%, 02/01/2033 | | | 196,194 | |
| | | | | 676,555 | | | 6.00%, 03/01/2033 | | | 774,348 | |
| | | | | 536,913 | | | 6.00%, 03/01/2033 | | | 611,844 | |
| | | | | 2,751,091 | | | 6.00%, 02/01/2037 | | | 3,130,299 | |
| | | | | 51 | | | 6.50%, 07/01/2016 | | | 52 | |
| | | | | 777 | | | 6.50%, 05/01/2017 | | | 799 | |
| | | | | 2,112 | | | 6.50%, 05/01/2031 | | | 2,425 | |
| | | | | 474 | | | 6.50%, 09/01/2031 | | | 545 | |
| | | | | 1,191 | | | 6.50%, 09/01/2031 | | | 1,395 | |
| | | | | 3,224 | | | 6.50%, 07/01/2032 | | | 3,727 | |
| | | | | 32 | | | 7.00%, 02/01/2016 | | | 33 | |
| | | | | 2,829 | | | 7.00%, 07/01/2029 | | | 3,352 | |
| | | | | 106 | | | 7.00%, 12/01/2030 | | | 110 | |
| | | | | 993 | | | 7.00%, 02/01/2032 | | | 1,101 | |
| | | | | 468 | | | 7.00%, 03/01/2032 | | | 566 | |
| | | | | 2,300 | | | 7.00%, 09/01/2032 | | | 2,496 | |
| | | | | 138,165 | | | 7.00%, 10/01/2037 | | | 145,204 | |
| | | | | 1 | | | 7.50%, 11/01/2015 | | | 1 | |
| | | | | 5,300 | | | 7.50%, 10/01/2022 | | | 6,022 | |
| | | | | 2,813 | | | 7.50%, 06/01/2027 | | | 3,401 | |
| | | | | 3,367 | | | 7.50%, 10/01/2029 | | | 3,560 | |
| | | | | 28,617 | | | 7.50%, 03/01/2030 | | | 33,377 | |
| | | | | 15,159 | | | 7.50%, 04/01/2030 | | | 17,418 | |
| | | | | 1,838 | | | 7.50%, 06/01/2030 | | | 2,038 | |
| | | | | 3,565 | | | 7.50%, 07/01/2030 | | | 3,943 | |
| | | | | 832 | | | 7.50%, 08/01/2030 | | | 985 | |
| | | | | 6,596 | | | 7.50%, 10/01/2030 | | | 6,743 | |
| | | | | 8,854 | | | 7.50%, 01/01/2031 | | | 9,132 | |
| | | | | 5,093 | | | 7.50%, 02/01/2031 | | | 5,319 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 46.1% - (continued) | |
| | | | | | | FNMA - 29.6% - (continued) | |
| | $ | | | | 40,000 | | | 7.50%, 05/01/2031 | | $ | 49,449 | |
| | | | | 24,204 | | | 7.50%, 06/01/2031 | | | 27,819 | |
| | | | | 3,104 | | | 7.50%, 08/01/2031 | | | 3,654 | |
| | | | | 262 | | | 7.50%, 09/01/2031 | | | 262 | |
| | | | | 16,104 | | | 7.50%, 09/01/2031 | | | 18,523 | |
| | | | | 33,134 | | | 7.50%, 09/01/2031 | | | 34,443 | |
| | | | | 458 | | | 7.50%, 05/01/2032 | | | 548 | |
| | | | | 435 | | | 8.00%, 04/01/2032 | | | 439 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 891,105,199 | |
| | | | | | | | | | | | |
| | | | | | | GNMA - 7.6% | |
| | | | | 21,500,000 | | | 3.00%, 07/01/2045(10) | | | 21,701,563 | |
| | | | | 1,600,000 | | | 3.00%, 07/01/2045(10) | | | 1,615,125 | |
| | | | | 648,142 | | | 3.50%, 11/15/2042 | | | 677,470 | |
| | | | | 21,432 | | | 3.50%, 12/15/2042 | | | 22,299 | |
| | | | | 508,262 | | | 3.50%, 02/15/2043 | | | 528,748 | |
| | | | | 20,269 | | | 3.50%, 03/15/2043 | | | 21,088 | |
| | | | | 2,637,573 | | | 3.50%, 04/15/2043 | | | 2,739,931 | |
| | | | | 70,239 | | | 3.50%, 04/15/2043 | | | 73,119 | |
| | | | | 723,804 | | | 3.50%, 05/15/2043 | | | 751,893 | |
| | | | | 3,931,593 | | | 3.50%, 05/15/2043 | | | 4,084,169 | |
| | | | | 5,256,551 | | | 3.50%, 05/15/2043 | | | 5,469,030 | |
| | | | | 859,728 | | | 3.50%, 05/15/2043 | | | 897,122 | |
| | | | | 36,000,000 | | | 3.50%, 07/01/2045(10) | | | 37,362,661 | |
| | | | | 12,998,123 | | | 4.00%, 07/20/2040 | | | 13,798,802 | |
| | | | | 14,178,988 | | | 4.00%, 09/20/2040 | | | 15,193,040 | |
| | | | | 1,634,561 | | | 4.00%, 10/20/2040 | | | 1,738,800 | |
| | | | | 19,321,004 | | | 4.00%, 10/20/2040 | | | 20,702,793 | |
| | | | | 2,781,957 | | | 4.00%, 12/20/2040 | | | 2,963,060 | |
| | | | | 924,139 | | | 4.00%, 05/16/2042(3) | | | 155,207 | |
| | | | | 7,400,000 | | | 4.00%, 07/01/2045(10) | | | 7,874,063 | |
| | | | | 5,400,000 | | | 4.00%, 07/01/2045(10) | | | 5,722,628 | |
| | | | | 9,100,000 | | | 4.00%, 08/01/2045(10) | | | 9,664,484 | |
| | | | | 516,996 | | | 4.50%, 11/15/2039 | | | 562,042 | |
| | | | | 4,592,813 | | | 4.50%, 05/15/2040 | | | 5,019,982 | |
| | | | | 15,822,011 | | | 4.50%, 05/20/2040 | | | 17,264,388 | |
| | | | | 580,859 | | | 4.50%, 06/15/2041 | | | 631,090 | |
| | | | | 583,919 | | | 4.50%, 07/15/2041 | | | 640,430 | |
| | | | | 2,300,000 | | | 4.50%, 07/01/2045(10) | | | 2,480,047 | |
| | | | | 1,629,046 | | | 5.00%, 05/20/2040 | | | 1,814,327 | |
| | | | | 4,016,448 | | | 5.00%, 06/15/2041 | | | 4,455,562 | |
| | | | | 4,635,531 | | | 5.00%, 10/16/2041(3) | | | 847,062 | |
| | | | | 6,520,195 | | | 5.00%, 03/15/2044 | | | 7,233,153 | |
| | | | | 5,600,000 | | | 5.00%, 07/01/2045(10) | | | 6,196,615 | |
| | | | | 934,056 | | | 5.50%, 03/15/2033 | | | 1,061,803 | |
| | | | | 1,393,915 | | | 5.50%, 04/15/2033 | | | 1,610,242 | |
| | | | | 1,421,652 | | | 5.50%, 05/15/2033 | | | 1,640,079 | |
| | | | | 2,519,453 | | | 5.50%, 10/20/2034 | | | 2,865,445 | |
| | | | | 2,421 | | | 6.00%, 12/15/2023 | | | 2,742 | |
| | | | | 1,804 | | | 6.00%, 01/15/2029 | | | 2,064 | |
| | | | | 2,684 | | | 6.00%, 04/15/2029 | | | 3,135 | |
| | | | | 107,388 | | | 6.00%, 12/15/2031 | | | 123,674 | |
| | | | | 1,548 | | | 6.00%, 10/15/2032 | | | 1,808 | |
| | | | | 37,885 | | | 6.00%, 06/15/2033 | | | 44,276 | |
| | | | | 5,022 | | | 6.00%, 03/15/2034 | | | 5,866 | |
| | | | | 91,977 | | | 6.00%, 08/15/2034 | | | 104,943 | |
| | | | | 207,730 | | | 6.00%, 09/15/2034 | | | 242,391 | |
| | | | | 74,352 | | | 6.00%, 02/15/2035 | | | 84,289 | |
| | | | | 452,724 | | | 6.00%, 12/15/2035 | | | 526,320 | |
| | | | | 130,060 | | | 6.00%, 02/15/2036 | | | 150,429 | |
| | | | | 135,165 | | | 6.00%, 03/15/2036 | | | 157,381 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 46.1% - (continued) | |
| | | | | | | GNMA - 7.6% - (continued) | |
| | $ | | | | 267,948 | | | 6.00%, 03/15/2036 | | $ | 312,749 | |
| | | | | 53,696 | | | 6.00%, 04/15/2036 | | | 60,846 | |
| | | | | 277,160 | | | 6.00%, 05/15/2036 | | | 321,006 | |
| | | | | 6,064 | | | 6.00%, 05/15/2036 | | | 6,972 | |
| | | | | 3,600 | | | 6.00%, 05/15/2036 | | | 4,118 | |
| | | | | 413,266 | | | 6.00%, 06/15/2036 | | | 478,461 | |
| | | | | 244,553 | | | 6.00%, 06/15/2036 | | | 284,884 | |
| | | | | 304,557 | | | 6.00%, 07/15/2036 | | | 352,132 | |
| | | | | 107,232 | | | 6.00%, 07/15/2036 | | | 125,036 | |
| | | | | 91,655 | | | 6.00%, 08/15/2036 | | | 106,748 | |
| | | | | 1,514 | | | 6.00%, 08/15/2036 | | | 1,767 | |
| | | | | 382,956 | | | 6.00%, 02/15/2037 | | | 445,906 | |
| | | | | 8,874 | | | 6.00%, 02/15/2037 | | | 10,060 | |
| | | | | 2,634 | | | 6.00%, 05/15/2037 | | | 3,009 | |
| | | | | 47,658 | | | 6.00%, 06/15/2037 | | | 55,279 | |
| | | | | 210,293 | | | 6.00%, 06/15/2037 | | | 243,472 | |
| | | | | 515,754 | | | 6.00%, 06/15/2037 | | | 600,538 | |
| | | | | 59,566 | | | 6.00%, 06/15/2037 | | | 68,436 | |
| | | | | 373,812 | | | 6.00%, 07/15/2037 | | | 427,070 | |
| | | | | 378,653 | | | 6.00%, 07/15/2037 | | | 432,607 | |
| | | | | 151,675 | | | 6.00%, 08/15/2037 | | | 176,944 | |
| | | | | 1,882 | | | 6.00%, 08/15/2037 | | | 2,134 | |
| | | | | 712 | | | 6.00%, 08/15/2037 | | | 806 | |
| | | | | 94,787 | | | 6.00%, 09/15/2037 | | | 107,435 | |
| | | | | 205,380 | | | 6.00%, 10/15/2037 | | | 234,634 | |
| | | | | 245,060 | | | 6.00%, 11/15/2037 | | | 279,972 | |
| | | | | 5,602 | | | 6.00%, 11/15/2037 | | | 6,348 | |
| | | | | 221,548 | | | 6.00%, 12/15/2037 | | | 257,589 | |
| | | | | 270,088 | | | 6.00%, 01/15/2038 | | | 314,485 | |
| | | | | 125,363 | | | 6.00%, 01/15/2038 | | | 142,058 | |
| | | | | 42,658 | | | 6.00%, 02/15/2038 | | | 48,759 | |
| | | | | 62,091 | | | 6.00%, 05/15/2038 | | | 70,936 | |
| | | | | 16,181 | | | 6.00%, 06/15/2038 | | | 18,487 | |
| | | | | 45,153 | | | 6.00%, 08/15/2038 | | | 51,188 | |
| | | | | 73,019 | | | 6.00%, 08/15/2038 | | | 83,500 | |
| | | | | 160,070 | | | 6.00%, 08/15/2038 | | | 182,901 | |
| | | | | 8,163 | | | 6.00%, 08/15/2038 | | | 9,404 | |
| | | | | 12,374 | | | 6.00%, 08/15/2038 | | | 14,138 | |
| | | | | 17,828 | | | 6.00%, 08/15/2038 | | | 20,372 | |
| | | | | 16,804 | | | 6.00%, 09/15/2038 | | | 19,039 | |
| | | | | 328,248 | | | 6.00%, 09/15/2038 | | | 375,035 | |
| | | | | 273,210 | | | 6.00%, 10/15/2038 | | | 317,303 | |
| | | | | 634,176 | | | 6.00%, 11/15/2038 | | | 725,556 | |
| | | | | 139,504 | | | 6.00%, 12/15/2038 | | | 161,389 | |
| | | | | 228,374 | | | 6.00%, 12/15/2038 | | | 260,924 | |
| | | | | 1,379 | | | 6.00%, 01/15/2039 | | | 1,576 | |
| | | | | 2,777 | | | 6.00%, 01/15/2039 | | | 3,172 | |
| | | | | 58,922 | | | 6.00%, 08/15/2039 | | | 66,821 | |
| | | | | 5,247 | | | 6.00%, 08/15/2039 | | | 5,943 | |
| | | | | 220,357 | | | 6.00%, 11/15/2039 | | | 251,750 | |
| | | | | 116,421 | | | 6.00%, 02/15/2040 | | | 131,980 | |
| | | | | 28,689 | | | 6.00%, 02/15/2040 | | | 32,530 | |
| | | | | 2,162,043 | | | 6.00%, 06/15/2040 | | | 2,470,208 | |
| | | | | 420,643 | | | 6.00%, 07/15/2040 | | | 480,566 | |
| | | | | 432,310 | | | 6.00%, 06/15/2041 | | | 493,886 | |
| | | | | 379,873 | | | 6.00%, 06/15/2041 | | | 434,063 | |
| | | | | 1,423,195 | | | 6.00%, 06/15/2041 | | | 1,625,943 | |
| | | | | 30,560 | | | 6.50%, 06/15/2028 | | | 34,863 | |
| | | | | 1,017 | | | 6.50%, 07/15/2028 | | | 1,160 | |
| | | | | 1,093 | | | 6.50%, 08/15/2028 | | | 1,247 | |
| | | | | 3,801 | | | 6.50%, 08/15/2028 | | | 4,336 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 46.1% - (continued) | |
| | | | | | | GNMA - 7.6% - (continued) | |
| | $ | | | | 2,703 | | | 6.50%, 09/15/2028 | | $ | 3,084 | |
| | | | | 2,343 | | | 6.50%, 09/15/2028 | | | 2,673 | |
| | | | | 12,940 | | | 6.50%, 09/15/2028 | | | 14,762 | |
| | | | | 5,546 | | | 6.50%, 09/15/2028 | | | 6,327 | |
| | | | | 17,378 | | | 6.50%, 10/15/2028 | | | 19,824 | |
| | | | | 3,582 | | | 6.50%, 10/15/2028 | | | 4,087 | |
| | | | | 994 | | | 6.50%, 11/15/2028 | | | 1,134 | |
| | | | | 6,072 | | | 6.50%, 11/15/2028 | | | 6,927 | |
| | | | | 5,984 | | | 6.50%, 12/15/2028 | | | 6,826 | |
| | | | | 8,103 | | | 6.50%, 12/15/2028 | | | 9,243 | |
| | | | | 7,325 | | | 6.50%, 01/15/2029 | | | 8,356 | |
| | | | | 7,858 | | | 6.50%, 01/15/2029 | | | 8,965 | |
| | | | | 7,196 | | | 6.50%, 01/15/2029 | | | 8,209 | |
| | | | | 4,502 | | | 6.50%, 02/15/2029 | | | 5,161 | |
| | | | | 12,797 | | | 6.50%, 02/15/2029 | | | 14,687 | |
| | | | | 3,309 | | | 6.50%, 02/15/2029 | | | 3,775 | |
| | | | | 24,572 | | | 6.50%, 02/15/2029 | | | 28,031 | |
| | | | | 23,689 | | | 6.50%, 03/15/2029 | | | 27,025 | |
| | | | | 363,782 | | | 6.50%, 03/15/2029 | | | 414,998 | |
| | | | | 11,974 | | | 6.50%, 03/15/2029 | | | 13,660 | |
| | | | | 4,134 | | | 6.50%, 03/15/2029 | | | 4,716 | |
| | | | | 4,990 | | | 6.50%, 03/15/2029 | | | 5,701 | |
| | | | | 2,013 | | | 6.50%, 03/15/2029 | | | 2,297 | |
| | | | | 5,342 | | | 6.50%, 03/15/2029 | | | 6,094 | |
| | | | | 35,738 | | | 6.50%, 04/15/2029 | | | 40,769 | |
| | | | | 13,003 | | | 6.50%, 04/15/2029 | | | 14,834 | |
| | | | | 6,524 | | | 6.50%, 04/15/2029 | | | 7,443 | |
| | | | | 2,568 | | | 6.50%, 05/15/2029 | | | 2,929 | |
| | | | | 10,660 | | | 6.50%, 05/15/2029 | | | 12,160 | |
| | | | | 16,141 | | | 6.50%, 05/15/2029 | | | 18,414 | |
| | | | | 6,215 | | | 6.50%, 05/15/2029 | | | 7,099 | |
| | | | | 32,437 | | | 6.50%, 06/15/2029 | | | 37,004 | |
| | | | | 13,240 | | | 6.50%, 06/15/2029 | | | 15,104 | |
| | | | | 175,125 | | | 6.50%, 06/15/2029 | | | 199,780 | |
| | | | | 12,120 | | | 6.50%, 06/15/2029 | | | 13,826 | |
| | | | | 10,254 | | | 6.50%, 07/15/2029 | | | 11,697 | |
| | | | | 11,680 | | | 6.50%, 07/15/2029 | | | 13,324 | |
| | | | | 683 | | | 6.50%, 03/15/2031 | | | 784 | |
| | | | | 46,075 | | | 6.50%, 04/15/2031 | | | 52,562 | |
| | | | | 15,127 | | | 6.50%, 04/15/2031 | | | 17,256 | |
| | | | | 3,481 | | | 6.50%, 04/15/2031 | | | 3,971 | |
| | | | | 3,779 | | | 6.50%, 04/15/2031 | | | 4,322 | |
| | | | | 12,343 | | | 6.50%, 04/15/2031 | | | 14,081 | |
| | | | | 83,717 | | | 6.50%, 04/15/2031 | | | 95,503 | |
| | | | | 159,965 | | | 6.50%, 04/15/2031 | | | 182,486 | |
| | | | | 29,813 | | | 6.50%, 05/15/2031 | | | 34,010 | |
| | | | | 1,755 | | | 6.50%, 05/15/2031 | | | 2,002 | |
| | | | | 72,218 | | | 6.50%, 05/15/2031 | | | 85,202 | |
| | | | | 4,670 | | | 6.50%, 06/15/2031 | | | 5,327 | |
| | | | | 7,906 | | | 6.50%, 06/15/2031 | | | 9,265 | |
| | | | | 7,413 | | | 6.50%, 06/15/2031 | | | 8,456 | |
| | | | | 82,328 | | | 6.50%, 07/15/2031 | | | 93,955 | |
| | | | | 13,917 | | | 6.50%, 07/15/2031 | | | 15,876 | |
| | | | | 46,825 | | | 6.50%, 07/15/2031 | | | 53,417 | |
| | | | | 65,880 | | | 6.50%, 07/15/2031 | | | 75,155 | |
| | | | | 5,664 | | | 6.50%, 07/15/2031 | | | 6,461 | |
| | | | | 6,863 | | | 6.50%, 07/15/2031 | | | 7,829 | |
| | | | | 32,825 | | | 6.50%, 07/15/2031 | | | 37,446 | |
| | | | | 103,774 | | | 6.50%, 07/15/2031 | | | 118,384 | |
| | | | | 53,010 | | | 6.50%, 07/15/2031 | | | 61,259 | |
| | | | | 50,696 | | | 6.50%, 08/15/2031 | | | 57,833 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 46.1% - (continued) | |
| | | | | | | GNMA - 7.6% - (continued) | |
| | $ | | | | 6,411 | | | 6.50%, 08/15/2031 | | $ | 7,314 | |
| | | | | 32,610 | | | 6.50%, 08/15/2031 | | | 37,201 | |
| | | | | 17,080 | | | 6.50%, 08/15/2031 | | | 19,485 | |
| | | | | 2,847 | | | 6.50%, 08/15/2031 | | | 3,248 | |
| | | | | 114,530 | | | 6.50%, 08/15/2031 | | | 130,654 | |
| | | | | 4,015 | | | 6.50%, 09/15/2031 | | | 4,580 | |
| | | | | 37,826 | | | 6.50%, 09/15/2031 | | | 43,151 | |
| | | | | 26,499 | | | 6.50%, 09/15/2031 | | | 30,229 | |
| | | | | 2,018 | | | 6.50%, 09/15/2031 | | | 2,302 | |
| | | | | 54,148 | | | 6.50%, 09/15/2031 | | | 62,542 | |
| | | | | 71,798 | | | 6.50%, 09/15/2031 | | | 81,906 | |
| | | | | 12,835 | | | 6.50%, 09/15/2031 | | | 14,642 | |
| | | | | 4,660 | | | 6.50%, 10/15/2031 | | | 5,316 | |
| | | | | 4,296 | | | 6.50%, 10/15/2031 | | | 4,901 | |
| | | | | 171,342 | | | 6.50%, 10/15/2031 | | | 195,464 | |
| | | | | 1,143 | | | 6.50%, 11/15/2031 | | | 1,304 | |
| | | | | 5,597 | | | 6.50%, 11/15/2031 | | | 6,385 | |
| | | | | 31,592 | | | 6.50%, 11/15/2031 | | | 36,155 | |
| | | | | 153,689 | | | 6.50%, 11/15/2031 | | | 175,326 | |
| | | | | 180 | | | 6.50%, 11/15/2031 | | | 206 | |
| | | | | 344,391 | | | 6.50%, 11/15/2031 | | | 392,876 | |
| | | | | 108,079 | | | 6.50%, 11/15/2031 | | | 123,295 | |
| | | | | 56,867 | | | 6.50%, 12/15/2031 | | | 64,873 | |
| | | | | 32,368 | | | 6.50%, 12/15/2031 | | | 36,925 | |
| | | | | 13,881 | | | 6.50%, 12/15/2031 | | | 15,836 | |
| | | | | 4,298 | | | 6.50%, 01/15/2032 | | | 4,903 | |
| | | | | 3,933 | | | 6.50%, 01/15/2032 | | | 4,487 | |
| | | | | 25,807 | | | 6.50%, 01/15/2032 | | | 29,440 | |
| | | | | 30,671 | | | 6.50%, 01/15/2032 | | | 34,989 | |
| | | | | 228,390 | | | 6.50%, 01/15/2032 | | | 262,914 | |
| | | | | 16,383 | | | 6.50%, 01/15/2032 | | | 18,690 | |
| | | | | 132,531 | | | 6.50%, 01/15/2032 | | | 151,190 | |
| | | | | 4,884 | | | 6.50%, 01/15/2032 | | | 5,571 | |
| | | | | 8,362 | | | 6.50%, 01/15/2032 | | | 9,539 | |
| | | | | 5,329 | | | 6.50%, 01/15/2032 | | | 6,079 | |
| | | | | 80,943 | | | 6.50%, 02/15/2032 | | | 96,671 | |
| | | | | 25,899 | | | 6.50%, 02/15/2032 | | | 30,770 | |
| | | | | 89,439 | | | 6.50%, 03/15/2032 | | | 102,282 | |
| | | | | 4,268 | | | 6.50%, 04/15/2032 | | | 4,869 | |
| | | | | 88,215 | | | 6.50%, 04/15/2032 | | | 100,634 | |
| | | | | 237,818 | | | 6.50%, 04/15/2032 | | | 275,665 | |
| | | | | 1,138 | | | 6.50%, 05/15/2032 | | | 1,298 | |
| | | | | 83,085 | | | 6.50%, 06/15/2032 | | | 94,851 | |
| | | | | 1,499 | | | 6.50%, 09/15/2032 | | | 1,763 | |
| | | | | 12,486 | | | 7.00%, 06/20/2030 | | | 13,872 | |
| | | | | 1,294 | | | 7.00%, 02/15/2031 | | | 1,471 | |
| | | | | 220 | | | 7.00%, 06/15/2031 | | | 239 | |
| | | | | 242 | | | 7.00%, 08/15/2031 | | | 281 | |
| | | | | 930 | | | 8.50%, 11/15/2024 | | | 934 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 228,604,461 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total U.S. Government Agencies
(cost $1,377,292,232) | | $ | 1,389,085,786 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| U.S. GOVERNMENT SECURITIES - 7.3% | |
| | | | | | | U.S. Treasury Securities - 7.3% | |
| | | | | | | Treasury Inflation Protected Security - 3.7% | |
| | $ | | | | 114,878,889 | | | 0.25%, 01/15/2025(7) | | $ | 112,679,992 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 112,679,992 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT SECURITIES - 7.3% - (continued) | |
| | | | | | | U.S. Treasury Bonds - 3.3% | |
| | $ | | | | 29,825,000 | | | 2.50%, 02/15/2045(11) | | $ | 26,248,386 | |
| | | | | 4,250,000 | | | 3.00%, 11/15/2044(11) | | | 4,157,363 | |
| | | | | 60,325,000 | | | 3.00%, 05/15/2045 | | | 59,118,500 | |
| | | | | 9,260,000 | | | 3.13%, 08/15/2044(11)(12) | | | 9,275,196 | |
| | | | | 330,000 | | | 3.38%, 05/15/2044 | | | 346,629 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 99,146,074 | |
| | | | | | | | | | | | |
| | | | | | | U.S. Treasury Notes - 0.3% | |
| | | | | 3,605,000 | | | 0.25%, 07/31/2015(11)(12) | | | 3,605,281 | |
| | | | | 1,300,000 | | | 0.50%, 09/30/2016(11) | | | 1,301,726 | |
| | | | | 375,000 | | | 1.00%, 09/15/2017 | | | 377,168 | |
| | | | | 250,000 | | | 2.25%, 11/15/2024 | | | 248,477 | |
| | | | | 2,075,000 | | | 2.38%, 08/15/2024 | | | 2,086,186 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 7,618,838 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total U.S. Government Securities
(cost $226,221,438) | | $ | 219,444,904 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| PREFERRED STOCKS - 0.1% | |
| | | | | | | Banks - 0.0% | |
| | | | | 2,242 | | | U.S. Bancorp Series A | | $ | 1,833,956 | |
| | | | | | | | | | | | |
| | | | | | | Diversified Financials - 0.1% | |
| | | | | 65,175 | | | Citigroup Capital | | | 1,691,943 | |
| | | | | 8,400 | | | Discover Financial Services Series B | | | 213,948 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,905,891 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Preferred Stocks
(cost $3,614,380) | | $ | 3,739,847 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Long-Term Investments
(cost $3,932,138,106) | | $ | 3,917,171,050 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| SHORT-TERM INVESTMENTS - 3.2% | |
| | | | | | | Other Investment Pools & Funds - 3.2% | |
| | | | | 95,884,562 | | | Federated Prime Obligations Fund | | $ | 95,884,562 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Short-Term Investments
(cost $95,884,562) | | $ | 95,884,562 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
| | | | |
| | | | Total Investments Excluding Purchased Options
(cost $4,028,022,668) | | | 133.1 | % | | $ | 4,013,055,612 | |
| | | | | | | | | | | | |
| | | | |
| | | | Total Purchased Options
(cost $352,922) | | | 0.0 | % | | $ | 50,331 | |
| | | | | | | | | | | | |
| | | | |
| | | | Total Investments
(cost $4,028,375,590)^ | | | 133.1 | % | | $ | 4,013,105,943 | |
| | | | Other Assets and Liabilities | | | (33.1 | )% | | | (998,030,674 | ) |
| | | | | | | | | | | | |
| | | | Total Net Assets | | | 100.0 | % | | $ | 3,015,075,269 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group indices and/or as defined by Fund management. Industry classifications may not be identical across all security types. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $4,032,663,362 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 48,152,920 | |
Unrealized Depreciation | | | (67,710,339 | ) |
| | | | |
Net Unrealized Depreciation | | $ | (19,557,419) | |
| | | | |
| (1) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2015, the aggregate value of these securities were $769,481,658, which represents 25.5% of total net assets. |
| (2) | Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2015. |
| (3) | Securities disclosed are interest-only strips. |
| (4) | These securities were sold to the Fund under Regulation S, rules governing offers and sales made outside the United States without registration under the Securities Act of 1933, as amended. The Fund may only be able to resell these securities in the United States if an exemption from registration under the federal and state securities laws is available, or the Fund may only be able to sell these securities outside of the United States (such as on a foreign exchange) to a non-U.S. person. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2015, the aggregate value of these securities were $76,231,042, which represents 2.2% of total net assets. |
| (5) | Perpetual maturity security. Maturity date shown is the next call date or final legal maturity date, whichever comes first. |
| (6) | This security, or a portion of this security, was purchased on a when-issued, delayed-delivery or delayed-draw basis. The cost of these securities were $15,982,623 at June 30, 2015. |
| (7) | The principal amount for these securities are adjusted for inflation and the interest payments equal a fixed percentage of the inflation-adjusted principal amount. |
| (8) | Senior floating rate interests generally pay interest rates which are periodically adjusted by reference to a base short-term, floating lending rate plus a premium. The base lending rates are primarily the LIBOR, and secondarily the prime rate offered by one or more major United States banks (the “Prime Rate”) and the certificate of deposit rate or other base lending rates used by commercial lenders. Senior floating rate interests often require prepayments from excess cash flows or permit the borrower to repay at its election. The rate at which the borrower repays cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. Unless otherwise noted, the interest rate disclosed for these securities represents the average coupon as of June 30, 2015. |
| (9) | All or a portion of this position represents an unsettled loan commitment. The coupon rate will be determined at time of settlement. |
| (10) | Represents or includes a TBA transaction. |
| (11) | This security, or a portion of this security, has been pledged as collateral in connection with centrally cleared swap contracts. |
| (12) | This security, or a portion of this security, has been pledged as collateral in connection with futures contracts. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| OTC Option Contracts Outstanding at June 30, 2015 | |
Description | | Counter-
party | | | Exercise Price/
FX Rate/ Rate | | | Expiration
Date | | | Number of
Contracts | | | Market
Value† | | | Premiums
Paid by
Fund | | | Unrealized
Appreciation/
(Depreciation) | |
Purchased option contracts: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Calls | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
BRL Call/USD Put | | | JPM | | | | 2.42 BRL per USD | | | | 09/28/15 | | | | BRL | | | | 21,400,000 | | | $ | 117 | | | $ | 152,395 | | | $ | (152,278 | ) |
EUR Call/USD Put | | | GSC | | | | 1.13 EUR per USD | | | | 07/15/15 | | | | EUR | | | | 540,000 | | | | 4,027 | | | | 9,889 | | | | (5,862 | ) |
EUR Call/USD Put | | | BOA | | | | 1.12 EUR per USD | | | | 07/08/15 | | | | EUR | | | | 2,745,000 | | | | 18,729 | | | | 47,563 | | | | (28,834 | ) |
HKD Call/USD Put | | | GSC | | | | 7.75 HKD per USD | | | | 03/01/16 | | | | HKD | | | | 69,290,000 | | | | 26,977 | | | | 30,292 | | | | (3,315 | ) |
RUB Call/USD Put | | | GSC | | | | 36.97 RUB per USD | | | | 09/03/15 | | | | RUB | | | | 312,000,000 | | | | 481 | | | | 112,784 | | | | (112,303 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total Calls | | | | 405,975,000 | | | $ | 50,331 | | | $ | 352,923 | | | $ | (302,592 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total purchased option contracts | | | | 405,975,000 | | | $ | 50,331 | | | $ | 352,923 | | | $ | (302,592 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | |
| Futures Contracts Outstanding at June 30, 2015 | |
Description | | Number of
Contracts | | | Expiration
Date | | | Notional
Amount | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Long position contracts: | | | | | | | | | | | | | | | | | | | | |
Long Gilt Future | | | 102 | | | | 09/28/2015 | | | $ | 18,765,889 | | | $ | 18,547,757 | | | $ | (218,132 | ) |
U.S. Treasury 2-Year Note Future | | | 873 | | | | 09/30/2015 | | | | 190,562,181 | | | | 191,132,438 | | | | 570,257 | |
U.S. Treasury 5-Year Note Future | | | 5,543 | | | | 09/30/2015 | | | | 661,008,368 | | | | 661,046,057 | | | | 37,689 | |
U.S. Treasury Long Bond Future | | | 402 | | | | 09/21/2015 | | | | 61,950,131 | | | | 60,639,187 | | | | (1,310,944 | ) |
| | | | | | | | | | | | | | | | | | | | |
Total | | | $ | (921,130 | ) |
| | | | | | | | | | | | | | | | | | | | |
Short position contracts: | | | | | | | | | | | | | | | | | | | | |
U.S. Treasury 10-Year Note Future | | | 6,634 | | | | 09/21/2015 | | | $ | 838,135,824 | | | $ | 837,024,219 | | | $ | 1,111,605 | |
U.S. Treasury CME Ultra Long Term Bond Future | | | 392 | | | | 09/21/2015 | | | | 62,354,810 | | | | 60,392,500 | | | | 1,962,310 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | $ | 3,073,915 | |
| | | | | | | | | | | | | | | | | | | | |
Total futures contracts | | | $ | 2,152,785 | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
| TBA Sale Commitments Outstanding at June 30, 2015 | |
Description | | Principal
Amount | | | Maturity
Date | | | Market Value† | | | Unrealized
Appreciation/
(Depreciation) | |
FHLMC, 5.00% | | $ | 2,900,000 | | | | 07/01/2045 | | | $ | 3,193,172 | | | $ | 14,500 | |
FHLMC, 5.50% | | | 5,100,000 | | | | 07/01/2045 | | | | 5,715,586 | | | | 31,477 | |
FNMA, 3.00% | | | 17,680,000 | | | | 07/01/2030 | | | | 18,316,621 | | | | (78,597 | ) |
FNMA, 3.50% | | | 10,000,000 | | | | 07/01/2030 | | | | 10,546,406 | | | | (26,793 | ) |
FNMA, 4.00% | | | 9,400,000 | | | | 07/01/2030 | | | | 9,859,718 | | | | 5,758 | |
FNMA, 5.50% | | | 43,900,000 | | | | 07/01/2045 | | | | 49,305,188 | | | | 259,781 | |
FNMA, 6.00% | | | 7,200,000 | | | | 07/01/2045 | | | | 8,177,450 | | | | 33,410 | |
GNMA, 3.00% | | | 45,200,000 | | | | 07/01/2045 | | | | 45,627,276 | | | | (253,713 | ) |
GNMA, 4.00% | | | 2,700,000 | | | | 07/01/2045 | | | | 2,861,314 | | | | 1,319 | |
GNMA, 4.50% | | | 9,100,000 | | | | 07/01/2045 | | | | 9,812,359 | | | | (41,234 | ) |
| | | | | | | | | | | | | | | | |
Total | | | $ | 163,415,090 | | | $ | (54,092 | ) |
| | | | | | | | | | | | | | | | |
| | At June 30, 2015, the aggregate market value of these securities represents (5.4)% of total net assets. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| OTC Credit Default Swap Contracts Outstanding at June 30, 2015 | |
Reference Entity | | Counter-
party | | Notional
Amount(a) | | | (Pay)/Receive
Fixed Rate/
Implied Credit
Spread(b) | | Expiration
Date | | | Upfront
Premiums
Paid | | | Upfront
Premiums
Received | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Credit default swaps on indices: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Buy protection: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ABX.HE.AA.06-1 | | BCLY | | | USD | | | | 261,770 | | | (0.32)% | | | 07/25/45 | | | $ | 147,903 | | | $ | — | | | $ | 52,696 | | | $ | (95,207 | ) |
ABX.HE.AA.06-1 | | BCLY | | | USD | | | | 303,103 | | | (0.32)% | | | 07/25/45 | | | | 171,256 | | | | — | | | | 61,016 | | | | (110,240 | ) |
ABX.HE.AA.06-1 | | BCLY | | | USD | | | | 1,570,623 | | | (0.32)% | | | 07/25/45 | | | | 477,077 | | | | — | | | | 316,174 | | | | (160,903 | ) |
ABX.HE.AAA.06-1 | | JPM | | | USD | | | | 181,417 | | | (0.18)% | | | 07/25/45 | | | | 4,393 | | | | — | | | | 3,572 | | | | (821 | ) |
ABX.HE.AAA.06-1 | | GSC | | | USD | | | | 21,719 | | | (0.18)% | | | 07/25/45 | | | | 1,778 | | | | — | | | | 427 | | | | (1,351 | ) |
ABX.HE.AAA.06-1 | | BOA | | | USD | | | | 221,022 | | | (0.18)% | | | 07/25/45 | | | | 12,018 | | | | — | | | | 4,352 | | | | (7,666 | ) |
ABX.HE.AAA.06-1 | | MSC | | | USD | | | | 167,363 | | | (0.18)% | | | 07/25/45 | | | | 13,703 | | | | — | | | | 3,295 | | | | (10,408 | ) |
ABX.HE.AAA.06-1 | | BCLY | | | USD | | | | 212,079 | | | (0.18)% | | | 07/25/45 | | | | 19,751 | | | | — | | | | 4,176 | | | | (15,575 | ) |
ABX.HE.AAA.06-1 | | BCLY | | | USD | | | | 228,688 | | | (0.18)% | | | 07/25/45 | | | | 26,344 | | | | — | | | | 4,502 | | | | (21,842 | ) |
ABX.HE.AAA.06-2 | | CSI | | | USD | | | | 515,918 | | | (0.11)% | | | 05/25/46 | | | | 119,864 | | | | — | | | | 96,355 | | | | (23,509 | ) |
ABX.HE.AAA.06-2 | | BOA | | | USD | | | | 4,732,217 | | | (0.11)% | | | 05/25/46 | | | | 971,983 | | | | — | | | | 883,811 | | | | (88,172 | ) |
ABX.HE.AAA.07 | | MSC | | | USD | | | | 197,845 | | | (0.09)% | | | 08/25/37 | | | | 49,880 | | | | — | | | | 44,497 | | | | (5,383 | ) |
ABX.HE.AAA.07-1 | | MSC | | | USD | | | | 2,438,739 | | | (0.09)% | | | 08/25/37 | | | | 583,826 | | | | — | | | | 548,495 | | | | (35,331 | ) |
ABX.HE.AAA.07-1 | | GSC | | | USD | | | | 1,808,866 | | | (0.09)% | | | 08/25/37 | | | | 445,888 | | | | — | | | | 406,832 | | | | (39,056 | ) |
ABX.HE.AAA.07-1 | | CSI | | | USD | | | | 4,396,998 | | | (0.09)% | | | 08/25/37 | | | | 1,246,248 | | | | — | | | | 988,926 | | | | (257,322 | ) |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| OTC Credit Default Swap Contracts Outstanding at June 30, 2015 - (continued) | |
Reference Entity | | Counter-
party | | Notional
Amount(a) | | | (Pay)/Receive
Fixed Rate/
Implied Credit
Spread(b) | | Expiration
Date | | | Upfront
Premiums
Paid | | | Upfront
Premiums
Received | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Credit default swaps on indices: - (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Buy protection: - (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
ABX.HE.PENAAA.06-2 | | JPM | | | USD | | | | 1,097,171 | | | (0.11)% | | | 05/25/46 | | | $ | 148,170 | | | $ | — | | | $ | 128,041 | | | $ | (20,129 | ) |
ABX.HE.PENAAA.06-2 | | BCLY | | | USD | | | | 707,421 | | | (0.11)% | | | 05/25/46 | | | | 115,840 | | | | — | | | | 82,557 | | | | (33,283 | ) |
ABX.HE.PENAAA.06-2 | | JPM | | | USD | | | | 949,013 | | | (0.11)% | | | 05/25/46 | | | | 249,116 | | | | — | | | | 110,751 | | | | (138,365 | ) |
ABX.HE.PENAAA.06-2 | | BOA | | | USD | | | | 1,845,970 | | | (0.11)% | | | 05/25/46 | | | | 419,958 | | | | — | | | | 215,426 | | | | (204,532 | ) |
ABX.HE.PENAAA.06-2 | | GSC | | | USD | | | | 1,737,854 | | | (0.11)% | | | 05/25/46 | | | | 434,464 | | | | — | | | | 202,810 | | | | (231,654 | ) |
ABX.HE.PENAAA.06-2 | | JPM | | | USD | | | | 2,187,667 | | | (0.11)% | | | 05/25/46 | | | | 516,153 | | | | — | | | | 255,303 | | | | (260,850 | ) |
ABX.HE.PENAAA.06-2 | | MSC | | | USD | | | | 2,189,002 | | | (0.11)% | | | 05/25/46 | | | | 530,833 | | | | — | | | | 255,459 | | | | (275,374 | ) |
CDX.EM.22 | | CBK | | | USD | | | | 18,440,000 | | | (1.00)% | | | 12/20/19 | | | | 2,075,863 | | | | — | | | | 2,008,976 | | | | (66,887 | ) |
CDX.EM.22 | | CBK | | | USD | | | | 46,980,500 | | | (1.00)% | | | 12/20/19 | | | | 5,316,734 | | | | — | | | | 5,118,368 | | | | (198,366 | ) |
CMBX.NA.A.7 | | JPM | | | USD | | | | 2,965,000 | | | (2.00)% | | | 01/17/47 | | | | — | | | | (61,106 | ) | | | 45,409 | | | | 106,515 | |
CMBX.NA.A.7 | | BCLY | | | USD | | | | 530,000 | | | (2.00)% | | | 01/17/47 | | | | — | | | | (3,073 | ) | | | 7,263 | | | | 10,336 | |
CMBX.NA.AA.2 | | CSI | | | USD | | | | 3,464,954 | | | (0.15)% | | | 03/15/49 | | | | 1,058,554 | | | | — | | | | 1,143,348 | | | | 84,794 | |
CMBX.NA.AA.2 | | GSC | | | USD | | | | 2,427,825 | | | (0.15)% | | | 03/15/49 | | | | 776,543 | | | | — | | | | 800,818 | | | | 24,275 | |
CMBX.NA.AA.2 | | CSI | | | USD | | | | 348,853 | | | (0.15)% | | | 03/15/49 | | | | 107,970 | | | | — | | | | 115,112 | | | | 7,142 | |
CMBX.NA.AA.2 | | CSI | | | USD | | | | 1,065,414 | | | (0.15)% | | | 03/15/49 | | | | 371,629 | | | | — | | | | 351,427 | | | | (20,202 | ) |
CMBX.NA.AA.2 | | BOA | | | USD | | | | 3,408,383 | | | (0.15)% | | | 03/15/49 | | | | 1,292,006 | | | | — | | | | 1,124,681 | | | | (167,325 | ) |
CMBX.NA.AA.2 | | BOA | | | USD | | | | 4,096,660 | | | (0.15)% | | | 03/15/49 | | | | 1,552,910 | | | | — | | | | 1,351,796 | | | | (201,114 | ) |
CMBX.NA.AA.7 | | CSI | | | USD | | | | 2,750,000 | | | (1.50)% | | | 01/17/47 | | | | — | | | | (24,979 | ) | | | 26,100 | | | | 51,079 | |
CMBX.NA.AA.7 | | CSI | | | USD | | | | 3,745,000 | | | (1.50)% | | | 01/17/47 | | | | — | | | | (19,408 | ) | | | 31,018 | | | | 50,426 | |
CMBX.NA.AA.7 | | MSC | | | USD | | | | 1,655,000 | | | (1.50)% | | | 01/17/47 | | | | — | | | | (19,509 | ) | | | 15,708 | | | | 35,217 | |
CMBX.NA.AA.7 | | MSC | | | USD | | | | 1,745,000 | | | (1.50)% | | | 01/17/47 | | | | — | | | | (15,042 | ) | | | 16,561 | | | | 31,603 | |
CMBX.NA.AA.7 | | CSI | | | USD | | | | 2,725,000 | | | (1.50)% | | | 01/17/47 | | | | 10,712 | | | | — | | | | 25,863 | | | | 15,151 | |
CMBX.NA.AA.7 | | CSI | | | USD | | | | 2,580,000 | | | (1.50)% | | | 01/17/47 | | | | 11,977 | | | | — | | | | 24,487 | | | | 12,510 | |
CMBX.NA.AA.7 | | CSI | | | USD | | | | 2,575,000 | | | (1.50)% | | | 01/17/47 | | | | 13,915 | | | | — | | | | 24,439 | | | | 10,524 | |
CMBX.NA.AA.7 | | CSI | | | USD | | | | 335,000 | | | (1.50)% | | | 01/17/47 | | | | — | | | | (3,684 | ) | | | 3,180 | | | | 6,864 | |
CMBX.NA.AJ.1 | | BOA | | | USD | | | | 1,100,000 | | | (0.84)% | | | 10/12/52 | | | | 17,830 | | | | — | | | | 13,342 | | | | (4,488 | ) |
CMBX.NA.AJ.1 | | JPM | | | USD | | | | 360,000 | | | (0.84)% | | | 10/12/52 | | | | 25,436 | | | | — | | | | 4,618 | | | | (20,818 | ) |
CMBX.NA.AJ.1 | | DEUT | | | USD | | | | 1,430,000 | | | (0.84)% | | | 10/12/52 | | | | 100,100 | | | | — | | | | 18,345 | | | | (81,755 | ) |
CMBX.NA.AJ.1 | | MSC | | | USD | | | | 2,550,000 | | | (0.84)% | | | 10/12/52 | | | | 178,500 | | | | — | | | | 32,713 | | | | (145,787 | ) |
CMBX.NA.AJ.2 | | GSC | | | USD | | | | 4,700,527 | | | (1.09)% | | | 03/15/49 | | | | 347,941 | | | | — | | | | 413,380 | | | | 65,439 | |
CMBX.NA.AJ.2 | | CSI | | | USD | | | | 3,639,437 | | | (1.09)% | | | 03/15/49 | | | | 295,041 | | | | — | | | | 320,064 | | | | 25,023 | |
CMBX.NA.AJ.2 | | GSC | | | USD | | | | 1,140,423 | | | (1.09)% | | | 03/15/49 | | | | 84,415 | | | | — | | | | 99,257 | | | | 14,842 | |
CMBX.NA.AJ.2 | | CBK | | | USD | | | | 1,095,798 | | | (1.09)% | | | 03/15/49 | | | | 93,962 | | | | — | | | | 95,372 | | | | 1,410 | |
CMBX.NA.AJ.2 | | DEUT | | | USD | | | | 4,561,693 | | | (1.09)% | | | 03/15/49 | | | | 406,008 | | | | — | | | | 397,028 | | | | (8,980 | ) |
CMBX.NA.AJ.3 | | GSC | | | USD | | | | 1,635,207 | | | (1.47)% | | | 12/13/49 | | | | 315,654 | | | | — | | | | 305,434 | | | | (10,220 | ) |
CMBX.NA.AJ.4 | | GSC | | | USD | | | | 2,305,873 | | | (0.96)% | | | 02/17/51 | | | | 388,777 | | | | — | | | | 430,181 | | | | 41,404 | |
CMBX.NA.AJ.4 | | MSC | | | USD | | | | 2,285,952 | | | (0.96)% | | | 02/17/51 | | | | 394,250 | | | | — | | | | 426,464 | | | | 32,214 | |
CMBX.NA.AJ.4 | | GSC | | | USD | | | | 1,533,929 | | | (0.96)% | | | 02/17/51 | | | | 263,333 | | | | — | | | | 286,168 | | | | 22,835 | |
CMBX.NA.AJ.4 | | CSI | | | USD | | | | 1,668,396 | | | (0.96)% | | | 02/17/51 | | | | 290,582 | | | | — | | | | 311,254 | | | | 20,672 | |
CMBX.NA.AJ.4 | | MSC | | | USD | | | | 5,284,085 | | | (0.96)% | | | 02/17/51 | | | | 972,012 | | | | — | | | | 981,565 | | | | 9,553 | |
CMBX.NA.AJ.4 | | GSC | | | USD | | | | 468,147 | | | (0.96)% | | | 02/17/51 | | | | 78,326 | | | | — | | | | 87,337 | | | | 9,011 | |
CMBX.NA.AJ.4 | | CSI | | | USD | | | | 3,092,758 | | | (0.96)% | | | 02/17/51 | | | | 569,747 | | | | — | | | | 576,981 | | | | 7,234 | |
CMBX.NA.AJ.4 | | GSC | | | USD | | | | 1,568,791 | | | (0.96)% | | | 02/17/51 | | | | 288,993 | | | | — | | | | 291,416 | | | | 2,423 | |
CMBX.NA.AJ.4 | | CBK | | | USD | | | | 2,375,597 | | | (0.96)% | | | 02/17/51 | | | | 441,937 | | | | — | | | | 441,288 | | | | (649 | ) |
CMBX.NA.AJ.4 | | CSI | | | USD | | | | 1,025,939 | | | (0.96)% | | | 02/17/51 | | | | 201,380 | | | | — | | | | 191,398 | | | | (9,982 | ) |
CMBX.NA.AJ.4 | | DEUT | | | USD | | | | 2,963,271 | | | (0.96)% | | | 02/17/51 | | | | 567,694 | | | | — | | | | 552,824 | | | | (14,870 | ) |
CMBX.NA.AJ.4 | | MSC | | | USD | | | | 1,404,441 | | | (0.96)% | | | 02/17/51 | | | | 279,017 | | | | — | | | | 262,011 | | | | (17,006 | ) |
CMBX.NA.AJ.4 | | MSC | | | USD | | | | 1,409,421 | | | (0.96)% | | | 02/17/51 | | | | 279,985 | | | | — | | | | 262,940 | | | | (17,045 | ) |
CMBX.NA.AJ.4 | | MSC | | | USD | | | | 4,193,402 | | | (0.96)% | | | 02/17/51 | | | | 1,639,720 | | | | — | | | | 782,315 | | | | (857,405 | ) |
CMBX.NA.AM.2 | | MSC | | | USD | | | | 4,380,000 | | | (0.50)% | | | 03/15/49 | | | | 21,865 | | | | — | | | | 7,391 | | | | (14,474 | ) |
CMBX.NA.AM.2 | | MSC | | | USD | | | | 1,435,000 | | | (0.50)% | | | 03/15/49 | | | | 70,826 | | | | — | | | | 3,019 | | | | (67,807 | ) |
CMBX.NA.AM.2 | | DEUT | | | USD | | | | 7,960,000 | | | (0.50)% | | | 03/15/49 | | | | 457,700 | | | | — | | | | 16,749 | | | | (440,951 | ) |
CMBX.NA.AM.2 | | CSI | | | USD | | | | 7,960,000 | | | (0.50)% | | | 03/15/49 | | | | 487,550 | | | | — | | | | 16,749 | | | | (470,801 | ) |
CMBX.NA.AM.4 | | CBK | | | USD | | | | 645,000 | | | (0.50)% | | | 02/17/51 | | | | 14,763 | | | | — | | | | 12,481 | | | | (2,282 | ) |
CMBX.NA.AM.4 | | MSC | | | USD | | | | 220,000 | | | (0.50)% | | | 02/17/51 | | | | 22,166 | | | | — | | | | 4,257 | | | | (17,909 | ) |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| OTC Credit Default Swap Contracts Outstanding at June 30, 2015 - (continued) | |
Reference Entity | | Counter-
party | | Notional
Amount(a) | | | (Pay)/Receive
Fixed Rate/
Implied Credit
Spread(b) | | Expiration
Date | | | Upfront
Premiums
Paid | | | Upfront
Premiums
Received | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Credit default swaps on indices: - (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Buy protection: - (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CMBX.NA.AM.4 | | MSC | | | USD | | | | 2,410,000 | | | (0.50)% | | | 02/17/51 | | | $ | 540,111 | | | $ | — | | | $ | 47,638 | | | $ | (492,473 | ) |
CMBX.NA.AS.6 | | CSI | | | USD | | | | 1,690,000 | | | (1.00)% | | | 05/11/63 | | | | — | | | | (3,356 | ) | | | 9,664 | | | | 13,020 | |
CMBX.NA.AS.6 | | CSI | | | USD | | | | 6,520,000 | | | (1.00)% | | | 05/11/63 | | | | 85,678 | | | | — | | | | 42,716 | | | | (42,962 | ) |
CMBX.NA.AS.7 | | CSI | | | USD | | | | 810,000 | | | (1.00)% | | | 01/17/47 | | | | 4,310 | | | | — | | | | 11,138 | | | | 6,828 | |
CMBX.NA.AS.7 | | CBK | | | USD | | | | 2,900,000 | | | (1.00)% | | | 01/17/47 | | | | 67,025 | | | | — | | | | 42,292 | | | | (24,733 | ) |
CMBX.NA.AS.7 | | CSI | | | USD | | | | 3,650,000 | | | (1.00)% | | | 01/17/47 | | | | 84,712 | | | | — | | | | 53,230 | | | | (31,482 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | | | | | $ | 29,672,605 | | | $ | (150,157 | ) | | $ | 24,755,046 | | | $ | (4,767,402 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sell protection: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CMBX.NA.A.2 | | MSC | | | USD | | | | 1,212,586 | | | 0.25% | | | 03/15/49 | | | $ | — | | | $ | (764,571 | ) | | $ | (757,310 | ) | | $ | 7,261 | |
CMBX.NA.A.2 | | BOA | | | USD | | | | 825,507 | | | 0.25% | | | 03/15/49 | | | | — | | | | (520,009 | ) | | | (515,564 | ) | | | 4,445 | |
CMBX.NA.A.2 | | MSC | | | USD | | | | 604,318 | | | 0.25% | | | 03/15/49 | | | | — | | | | (380,800 | ) | | | (377,422 | ) | | | 3,378 | |
CMBX.NA.A.2 | | MSC | | | USD | | | | 418,678 | | | 0.25% | | | 03/15/49 | | | | — | | | | (264,702 | ) | | | (261,393 | ) | | | 3,309 | |
CMBX.NA.A.2 | | GSC | | | USD | | | | 604,318 | | | 0.25% | | | 03/15/49 | | | | — | | | | (379,830 | ) | | | (377,422 | ) | | | 2,408 | |
CMBX.NA.A.2 | | BOA | | | USD | | | | 86,895 | | | 0.25% | | | 03/15/49 | | | | — | | | | (55,031 | ) | | | (54,270 | ) | | | 761 | |
CMBX.NA.A.2 | | BOA | | | USD | | | | 1,615,465 | | | 0.25% | | | 03/15/49 | | | | — | | | | (916,977 | ) | | | (1,008,583 | ) | | | (91,606 | ) |
CMBX.NA.A.6 | | GSC | | | USD | | | | 2,010,000 | | | 2.00% | | | 05/11/63 | | | | 26,238 | | | | — | | | | 1,369 | | | | (24,869 | ) |
CMBX.NA.A.8 | | BOA | | | USD | | | | 2,230,000 | | | 2.00% | | | 10/17/57 | | | | — | | | | (25,188 | ) | | | (71,676 | ) | | | (46,488 | ) |
CMBX.NA.A.8 | | CSI | | | USD | | | | 2,435,000 | | | 2.00% | | | 10/17/57 | | | | — | | | | (24,291 | ) | | | (74,207 | ) | | | (49,916 | ) |
CMBX.NA.AAA.6 | | UBS | | | USD | | | | 15,710,000 | | | 0.50% | | | 05/11/63 | | | | — | | | | (418,543 | ) | | | (295,625 | ) | | | 122,918 | |
CMBX.NA.AAA.6 | | DEUT | | | USD | | | | 12,125,000 | | | 0.50% | | | 05/11/63 | | | | — | | | | (295,543 | ) | | | (228,164 | ) | | | 67,379 | |
CMBX.NA.AAA.6 | | CSI | | | USD | | | | 10,895,000 | | | 0.50% | | | 05/11/63 | | | | — | | | | (244,208 | ) | | | (205,018 | ) | | | 39,190 | |
CMBX.NA.AAA.6 | | CSI | | | USD | | | | 7,355,000 | | | 0.50% | | | 05/11/63 | | | | — | | | | (142,808 | ) | | | (138,404 | ) | | | 4,404 | |
CMBX.NA.AAA.6 | | GSC | | | USD | | | | 14,810,000 | | | 0.50% | | | 05/11/63 | | | | — | | | | (176,777 | ) | | | (278,689 | ) | | | (101,912 | ) |
CMBX.NA.AAA.7 | | CSI | | | USD | | | | 785,000 | | | 0.50% | | | 01/17/47 | | | | — | | | | (19,999 | ) | | | (23,236 | ) | | | (3,237 | ) |
CMBX.NA.AAA.7 | | CSI | | | USD | | | | 3,000,000 | | | 0.50% | | | 01/17/47 | | | | — | | | | (83,801 | ) | | | (88,804 | ) | | | (5,003 | ) |
CMBX.NA.AAA.7 | | BOA | | | USD | | | | 5,070,000 | | | 0.50% | | | 01/17/47 | | | | — | | | | (122,750 | ) | | | (150,078 | ) | | | (27,328 | ) |
CMBX.NA.AAA.8 | | CSI | | | USD | | | | 7,030,000 | | | 0.50% | | | 10/17/57 | | | | — | | | | (320,354 | ) | | | (300,426 | ) | | | 19,928 | |
CMBX.NA.AAA.8 | | MSC | | | USD | | | | 2,240,000 | | | 0.50% | | | 10/17/57 | | | | — | | | | (103,326 | ) | | | (95,726 | ) | | | 7,600 | |
CMBX.NA.AAA.8 | | BCLY | | | USD | | | | 1,395,000 | | | 0.50% | | | 10/17/57 | | | | — | | | | (64,696 | ) | | | (59,615 | ) | | | 5,081 | |
CMBX.NA.AAA.8 | | MSC | | | USD | | | | 615,000 | | | 0.50% | | | 10/17/57 | | | | — | | | | (28,460 | ) | | | (26,282 | ) | | | 2,178 | |
CMBX.NA.AAA.8 | | CSI | | | USD | | | | 8,575,000 | | | 0.50% | | | 10/17/57 | | | | — | | | | (306,043 | ) | | | (366,452 | ) | | | (60,409 | ) |
CMBX.NA.BB.6 | | CSI | | | USD | | | | 2,765,000 | | | 5.00% | | | 05/11/63 | | | | — | | | | (49,598 | ) | | | (4,085 | ) | | | 45,513 | |
CMBX.NA.BB.6 | | BOA | | | USD | | | | 4,270,000 | | | 5.00% | | | 05/11/63 | | | | — | | | | (40,620 | ) | | | (6,308 | ) | | | 34,312 | |
CMBX.NA.BB.6 | | CBK | | | USD | | | | 3,325,000 | | | 5.00% | | | 05/11/63 | | | | — | | | | (25,272 | ) | | | (4,912 | ) | | | 20,360 | |
CMBX.NA.BB.6 | | CSI | | | USD | | | | 2,790,000 | | | 5.00% | | | 05/11/63 | | | | — | | | | (18,573 | ) | | | (4,122 | ) | | | 14,451 | |
CMBX.NA.BB.6 | | BCLY | | | USD | | | | 43,000 | | | 5.00% | | | 05/11/63 | | | | 473 | | | | — | | | | (64 | ) | | | (537 | ) |
CMBX.NA.BB.6 | | CSI | | | USD | | | | 3,315,000 | | | 5.00% | | | 05/11/63 | | | | — | | | | — | | | | (4,898 | ) | | | (4,898 | ) |
CMBX.NA.BB.6 | | CSI | | | USD | | | | 2,980,000 | | | 5.00% | | | 05/11/63 | | | | 38,278 | | | | — | | | | (4,402 | ) | | | (42,680 | ) |
CMBX.NA.BB.6 | | CSI | | | USD | | | | 5,425,000 | | | 5.00% | | | 05/11/63 | | | | 91,882 | | | | — | | | | (8,014 | ) | | | (99,896 | ) |
CMBX.NA.BB.7 | | CSI | | | USD | | | | 2,310,000 | | | 5.00% | | | 01/17/47 | | | | — | | | | (113,598 | ) | | | (46,482 | ) | | | 67,116 | |
CMBX.NA.BB.7 | | CSI | | | USD | | | | 1,240,000 | | | 5.00% | | | 01/17/47 | | | | — | | | | (77,262 | ) | | | (24,951 | ) | | | 52,311 | |
CMBX.NA.BB.7 | | CSI | | | USD | | | | 2,685,000 | | | 5.00% | | | 01/17/47 | | | | — | | | | (89,732 | ) | | | (54,028 | ) | | | 35,704 | |
CMBX.NA.BB.7 | | DEUT | | | USD | | | | 2,320,000 | | | 5.00% | | | 01/17/47 | | | | — | | | | (58,574 | ) | | | (46,684 | ) | | | 11,890 | |
CMBX.NA.BB.7 | | MSC | | | USD | | | | 1,580,000 | | | 5.00% | | | 01/17/47 | | | | — | | | | (20,167 | ) | | | (31,793 | ) | | | (11,626 | ) |
CMBX.NA.BB.7 | | BOA | | | USD | | | | 2,605,000 | | | 5.00% | | | 01/17/47 | | | | — | | | | (12,218 | ) | | | (52,780 | ) | | | (40,562 | ) |
CMBX.NA.BB.8 | | CSI | | | USD | | | | 550,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (42,318 | ) | | | (41,483 | ) | | | 835 | |
CMBX.NA.BB.8 | | CSI | | | USD | | | | 765,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (57,424 | ) | | | (57,699 | ) | | | (275 | ) |
CMBX.NA.BB.8 | | JPM | | | USD | | | | 770,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (57,799 | ) | | | (58,076 | ) | | | (277 | ) |
CMBX.NA.BB.8 | | CSI | | | USD | | | | 635,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (46,084 | ) | | | (47,806 | ) | | | (1,722 | ) |
CMBX.NA.BB.8 | | BOA | | | USD | | | | 2,095,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (150,814 | ) | | | (157,721 | ) | | | (6,907 | ) |
CMBX.NA.BB.8 | | CSI | | | USD | | | | 685,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (43,183 | ) | | | (51,570 | ) | | | (8,387 | ) |
CMBX.NA.BB.8 | | GSC | | | USD | | | | 680,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (35,793 | ) | | | (48,360 | ) | | | (12,567 | ) |
CMBX.NA.BB.8 | | BCLY | | | USD | | | | 1,410,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (76,741 | ) | | | (100,276 | ) | | | (23,535 | ) |
CMBX.NA.BB.8 | | GSC | | | USD | | | | 1,365,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (72,866 | ) | | | (97,076 | ) | | | (24,210 | ) |
CMBX.NA.BB.8 | | BCLY | | | USD | | | | 2,085,000 | | | 5.00% | | | 10/17/57 | | | | — | | | | (129,545 | ) | | | (158,126 | ) | | | (28,581 | ) |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| OTC Credit Default Swap Contracts Outstanding at June 30, 2015 - (continued) | |
Reference Entity | | Counter-
party | | Notional
Amount(a) | | | (Pay)/Receive
Fixed Rate/
Implied Credit
Spread(b) | | Expiration
Date | | | Upfront
Premiums
Paid | | | Upfront
Premiums
Received | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Credit default swaps on indices: - (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sell protection: - (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
CMBX.NA.BBB.8 | | CSI | | | USD | | | | 2,375,000 | | | 3.00% | | | 10/17/57 | | | $ | — | | | $ | (126,792 | ) | | $ | (162,871 | ) | | $ | (36,079 | ) |
PrimeX.ARM.2 | | MSC | | | USD | | | | 4,394,303 | | | 4.58% | | | 12/25/37 | | | | — | | | | (322,487 | ) | | | 185,229 | | | | 507,716 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | | | | | $ | 156,871 | | | $ | (7,326,167 | ) | | $ | (6,842,355 | ) | | $ | 326,941 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total traded indices | | | | | | | | | | | | | | | | | | $ | 29,829,476 | | | $ | (7,476,324 | ) | | $ | 17,912,691 | | | $ | (4,440,461 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Credit default swaps on single-name issues: | | | | | | | | | | | | | | | | | | | | | | | |
Buy protection: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Brazil (Federative Republic of) | | GSC | | | USD | | | | 2,130,000 | | | (1.00%)/2.41% | | | 12/20/19 | | | $ | 82,585 | | | $ | — | | | $ | 124,506 | | | $ | 41,921 | |
Brazil (Federative Republic of) | | JPM | | | USD | | | | 1,055,000 | | | (1.00%)/2.41% | | | 12/20/19 | | | | 47,982 | | | | — | | | | 61,669 | | | | 13,687 | |
Russia (Federation of) | | GSC | | | USD | | | | 2,240,000 | | | (1.00%)/3.28% | | | 12/20/19 | | | | 435,139 | | | | — | | | | 206,685 | | | | (228,454 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | | | | | $ | 565,706 | | | $ | — | | | $ | 392,860 | | | $ | (172,846 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Credit default swaps on single-name issues: | | | | | | | | | | | | | | | | | | | | | | | |
Sell protection: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Penerbangan Malaysia Bhd | | JPM | | | USD | | | | 1,605,000 | | | 1.00%/1.29% | | | 06/20/20 | | | $ | — | | | $ | (17,894 | ) | | $ | (21,500 | ) | | $ | (3,606 | ) |
Turkey (Federative Republic of) | | BNP | | | USD | | | | 8,155,000 | | | 1.00%/2.17% | | | 06/20/20 | | | | — | | | | (423,075 | ) | | | (440,059 | ) | | | (16,984 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | | | | | $ | — | | | $ | (440,969 | ) | | $ | (461,559 | ) | | $ | (20,590 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total single-name issues | | | | | | | | | | | | | | | | | | $ | 565,706 | | | $ | (440,969 | ) | | $ | (68,699 | ) | | $ | (193,436 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total OTC contracts | | | | | | | | | | | | | | | | | | $ | 30,395,182 | | | $ | (7,917,293 | ) | | $ | 17,843,992 | | | $ | (4,633,897 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| (b) | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues, U.S. municipal issues or sovereign government issues as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood of risk of default for the credit derivative. The implied credit spread of a particular entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. The percentage shown is the implied credit spread on June 30, 2015. For credit default swap agreements on indices, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk. |
| | | | | | | | | | | | | | | | | | | | | | | | |
| Centrally Cleared Credit Default Swap Contracts Outstanding June 30, 2015 | |
Reference Entity | | Notional
Amount(a) | | | (Pay)/Receive
Fixed Rate | | | Expiration
Date | | Cost
Basis | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Credit default swaps on indices: | | | | | | | | | | | | | | | | | | | | | | | | |
Buy protection: | | | | | | | | | | | | | | | | | | | | | | | | |
CDX.NA.HY.24 | | USD | | | 140,287,950 | | | | (5.00 | )% | | 06/20/20 | | $ | (9,779,579 | ) | | $ | (8,911,756 | ) | | $ | 867,823 | |
CDX.NA.IGS.24 | | USD | | | 53,310,000 | | | | (1.00 | )% | | 06/20/20 | | | (874,536 | ) | | | (769,558 | ) | | | 104,978 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | $ | (10,654,115 | ) | | $ | (9,681,314 | ) | | $ | 972,801 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Credit default swaps on indices: | | | | | | | | | | | | | | | | | | | | | | | | |
Sell protection: | | | | | | | | | | | | | | | | | | | | | | | | |
ITRAXX.EUR.23 | | EUR | | | 30,236,000 | | | | 1.00 | % | | 06/20/20 | | $ | 659,598 | | | $ | 414,227 | | | $ | (245,371 | ) |
ITRAXX.XOV.23 | | EUR | | | 4,155,000 | | | | 5.00 | % | | 06/20/20 | | | 420,856 | | | | 354,913 | | | | (65,943 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | $ | 1,080,454 | | | $ | 769,140 | | | $ | (311,314 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | $ | (9,573,661 | ) | | $ | (8,912,174 | ) | | $ | 661,487 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Centrally Cleared Interest Rate Swap Contracts Outstanding at June 30, 2015 | |
Payments made by Fund | | Payments received
by Fund | | Notional
Amount | | | Expiration
Date | | | Upfront
Premiums
Paid | | | Upfront
Premiums
Received | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
2.35% Fixed | | 3M LIBOR | | USD | | | 27,775,000 | | | | 09/16/25 | | | $ | 23,132 | | | $ | — | | | $ | 405,942 | | | $ | 382,810 | |
3.47% Fixed | | 3M LIBOR | | USD | | | 5,265,000 | | | | 06/30/35 | | | | — | | | | — | | | | (43,813 | ) | | | (43,813 | ) |
3M LIBOR | | 3.36% Fixed | | USD | | | 8,265,000 | | | | 06/30/25 | | | | — | | | | — | | | | 52,066 | | | | 52,066 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | $ | 23,132 | | | $ | — | | | $ | 414,195 | | | $ | 391,063 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| Spreadlock Swap Contracts Outstanding at June 30, 2015 | |
Counterparty | | Strike
Price(1) | | Notional
Amount | | Determination
Date | | | Upfront
Premiums Paid/
(Received) | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
CBK | | 0.58% | | 359,100,000 | | | 11/02/15 | | | $ | — | | | $ | (347,971 | ) | | $ | (347,971 | ) |
| | | | | | | | | | | | | | | | | | | | |
| (1) | This is a spreadlock swap between the 10-Year interest rate swap curve and the yield to maturity on a 30-Year FNMA. If the rate on the 30-Year FNMA minus the 10-Year CMS (constant maturity swap) rate is greater than 0.58%, the Fund will receive money from the counterpary based on the differential. If the rate on the 30-Year FNMA minus the 10-Year CMS rate is less than 0.58%, the Fund will pay the counterpary. |
| | | | | | | | | | | | | | | | | | | | |
| Foreign Currency Contracts Outstanding at June 30, 2015 | |
Currency | | Buy/Sell | | Delivery
Date | | | Counterparty | | Contract
Amount | | | Market Value† | | | Unrealized
Appreciation/
(Depreciation) | |
BRL | | Buy | | | 07/02/15 | | | UBS | | $ | 3,513,427 | | | $ | 3,532,253 | | | $ | 18,826 | |
BRL | | Sell | | | 07/02/15 | | | SSG | | | 3,438,512 | | | | 3,532,253 | | | | (93,741 | ) |
COP | | Sell | | | 09/16/15 | | | SCB | | | 875,147 | | | | 848,873 | | | | 26,274 | |
COP | | Sell | | | 09/16/15 | | | SCB | | | 429,295 | | | | 424,372 | | | | 4,923 | |
CZK | | Sell | | | 09/16/15 | | | CBK | | | 3,239,029 | | | | 3,204,964 | | | | 34,065 | |
EUR | | Buy | | | 07/31/15 | | | SSG | | | 475,799 | | | | 474,007 | | | | (1,792 | ) |
EUR | | Buy | | | 07/31/15 | | | CBK | | | 594,415 | | | | 591,114 | | | | (3,301 | ) |
EUR | | Buy | | | 09/18/15 | | | CBA | | | 1,685,583 | | | | 1,674,149 | | | | (11,434 | ) |
EUR | | Sell | | | 07/31/15 | | | CBK | | | 37,435,817 | | | | 37,227,918 | | | | 207,899 | |
EUR | | Sell | | | 09/16/15 | | | JPM | | | 575,100 | | | | 570,310 | | | | 4,790 | |
EUR | | Sell | | | 09/18/15 | | | SSG | | | 3,350,035 | | | | 2,890,697 | | | | 459,338 | |
EUR | | Sell | | | 03/15/17 | | | BOA | | | 5,923,641 | | | | 6,258,825 | | | | (335,184 | ) |
GBP | | Sell | | | 07/31/15 | | | HSBC | | | 10,902,751 | | | | 10,897,402 | | | | 5,349 | |
GBP | | Sell | | | 09/16/15 | | | BOA | | | 4,660,562 | | | | 4,737,800 | | | | (77,238 | ) |
GHS | | Sell | | | 09/18/15 | | | DEUT | | | 1,085,153 | | | | 1,080,808 | | | | 4,345 | |
GHS | | Sell | | | 09/18/15 | | | JPM | | | 885,839 | | | | 884,219 | | | | 1,620 | |
HKD | | Sell | | | 03/03/16 | | | GSC | | | 4,467,901 | | | | 4,469,293 | | | | (1,392 | ) |
IDR | | Sell | | | 09/16/15 | | | JPM | | | 648,229 | | | | 653,296 | | | | (5,067 | ) |
IDR | | Sell | | | 09/16/15 | | | GSC | | | 4,538,704 | | | | 4,570,165 | | | | (31,461 | ) |
IDR | | Sell | | | 05/18/16 | | | BCLY | | | 1,465,119 | | | | 1,478,738 | | | | (13,619 | ) |
IDR | | Sell | | | 05/18/16 | | | JPM | | | 1,408,636 | | | | 1,425,670 | | | | (17,034 | ) |
KES | | Buy | | | 07/13/15 | | | JPM | | | 1,203,794 | | | | 1,185,431 | | | | (18,363 | ) |
KES | | Buy | | | 07/13/15 | | | SCB | | | 3,048,082 | | | | 3,000,055 | | | | (48,027 | ) |
MXN | | Buy | | | 09/17/15 | | | DEUT | | | 6,175,784 | | | | 6,028,615 | | | | (147,169 | ) |
MXN | | Sell | | | 09/17/15 | | | RBC | | | 13,705,020 | | | | 13,589,060 | | | | 115,960 | |
MXN | | Sell | | | 09/17/15 | | | RBC | | | 6,131,682 | | | | 6,016,213 | | | | 115,469 | |
MXN | | Sell | | | 09/17/15 | | | HSBC | | | 2,877,446 | | | | 2,810,569 | | | | 66,877 | |
MYR | | Buy | | | 09/17/15 | | | DEUT | | | 1,501,517 | | | | 1,499,106 | | | | (2,411 | ) |
MYR | | Buy | | | 09/17/15 | | | HSBC | | | 1,548,168 | | | | 1,538,626 | | | | (9,542 | ) |
MYR | | Buy | | | 09/17/15 | | | JPM | | | 2,284,049 | | | | 2,271,054 | | | | (12,995 | ) |
NGN | | Buy | | | 10/08/15 | | | SSG | | | 5,231,113 | | | | 4,620,819 | | | | (610,294 | ) |
NGN | | Sell | | | 10/08/15 | | | CBK | | | 2,269,503 | | | | 2,336,089 | | | | (66,586 | ) |
NGN | | Sell | | | 10/08/15 | | | CBK | | | 2,058,978 | | | | 2,284,729 | | | | (225,751 | ) |
RSD | | Buy | | | 09/18/15 | | | SSG | | | 3,093,822 | | | | 2,819,897 | | | | (273,925 | ) |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | |
| Foreign Currency Contracts Outstanding at June 30, 2015 - (continued) | |
Currency | | Buy/Sell | | Delivery
Date | | | Counterparty | | Contract
Amount | | | Market Value† | | | Unrealized
Appreciation/
(Depreciation) | |
RUB | | Buy | | | 07/17/15 | | | JPM | | $ | 1,935,890 | | | $ | 1,907,762 | | | $ | (28,128 | ) |
RUB | | Sell | | | 07/17/15 | | | JPM | | | 1,897,082 | | | | 1,907,762 | | | | (10,680 | ) |
TRY | | Buy | | | 07/20/15 | | | GSC | | | 2,943,779 | | | | 3,021,937 | | | | 78,158 | |
TRY | | Buy | | | 09/16/15 | | | GSC | | | 1,485,715 | | | | 1,525,629 | | | | 39,914 | |
TRY | | Buy | | | 09/16/15 | | | JPM | | | 2,786,053 | | | | 2,785,185 | | | | (868 | ) |
TRY | | Sell | | | 07/20/15 | | | GSC | | | 2,907,516 | | | | 3,021,938 | | | | (114,422 | ) |
TRY | | Sell | | | 09/16/15 | | | CBK | | | 4,189,412 | | | | 4,310,815 | | | | (121,403 | ) |
UYU | | Buy | | | 09/16/15 | | | HSBC | | | 1,146,730 | | | | 1,143,406 | | | | (3,324 | ) |
UYU | | Buy | | | 09/16/15 | | | HSBC | | | 1,155,971 | | | | 1,143,406 | | | | (12,565 | ) |
UYU | | Buy | | | 09/16/15 | | | HSBC | | | 1,100,514 | | | | 1,086,558 | | | | (13,956 | ) |
UYU | | Sell | | | 09/16/15 | | | HSBC | | | 3,372,759 | | | | 3,373,370 | | | | (611 | ) |
ZAR | | Buy | | | 09/16/15 | | | HSBC | | | 6,571,790 | | | | 6,691,447 | | | | 119,657 | |
ZAR | | Sell | | | 09/16/15 | | | CBK | | | 16,773,821 | | | | 17,093,923 | | | | (320,102 | ) |
| | | | | | | | | | | | | | | | | | | | |
Total | | | $ | (1,328,921 | ) |
| | | | | | | | | | | | | | | | | | | | |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Counterparty Abbreviations: |
BCLY | | Barclays |
BNP | | BNP Paribas Securities Services |
BOA | | Banc of America Securities LLC |
CBA | | Commonwealth Bank of Australia |
CBK | | Citibank NA |
CSI | | Credit Suisse International |
DEUT | | Deutsche Bank Securities, Inc. |
GSC | | Goldman Sachs & Co. |
HSBC | | HSBC Bank USA |
JPM | | JP Morgan Chase & Co. |
MSC | | Morgan Stanley |
RBC | | RBC Dominion Securities, Inc. |
SCB | | Standard Chartered Bank |
SSG | | State Street Global Markets LLC |
UBS | | UBS AG |
| | |
| Currency Abbreviations: |
BRL | | Brazilian Real |
CLP | | Chilean Peso |
COP | | Colombian Peso |
CRC | | Costa Rican Colon |
CZK | | Czech Koruna |
EUR | | Euro |
GBP | | British Pound |
GHS | | Ghana Cedi |
HKD | | Hong Kong Dollar |
IDR | | Indonesian Rupiah |
KES | | Kenyan Shilling |
MXN | | Mexican Peso |
MYR | | Malaysian Ringgit |
NGN | | Nigerian Naira |
PLN | | Polish Zloty |
RON | | New Romanian Leu |
RSD | | Serbian Dinar |
| | |
| Currency Abbreviations: |
RUB | | Russian Ruble |
TRY | | Turkish Lira |
UYU | | Uruguayan Peso |
ZAR | | South African Rand |
| | |
| Index Abbreviations: |
ABX.HE | | Markit Asset Backed Security Home Equity |
CDX.EM | | Credit Derivatives Emerging Markets |
CDX.NA.HY | | Credit Derivatives North American High Yield |
CDX.NA.IG | | Credit Derivatives North American Investment Grade |
CMBX.NA | | Markit Commercial Mortgage Backed North American |
ITRAXX.EUR | | Markit i Traxx - Europe |
ITRAXX.XOV | | Markit i Traxx Index - Europe Crossover |
PrimeX.ARM | | Markit PrimeX Adjustable Rate Mortgage Backed Security |
| | |
| Other Abbreviations: |
CDO | | Collateralized Debt Obligation |
CLO | | Collateralized Loan Obligation |
CME | | Chicago Mercantile Index |
CMO | | Collateralized Mortgage Obligation |
FHLMC | | Federal Home Loan Mortgage Corp. |
FNMA | | Federal National Mortgage Association |
FX | | Foreign Exchange |
GNMA | | Government National Mortgage Association |
LIBOR | | London Interbank Offered Rate |
OTC | | Over-the-Counter |
REIT | | Real Estate Investment Trust |
TBA | | To Be Announced |
| | |
| Municipal Abbreviations: |
GO | | General Obligation |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Total Return Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | |
Asset & Commercial Mortgage Backed Securities | | $ | 982,394,426 | | | $ | — | | | $ | 982,394,426 | | | $ | — | |
Corporate Bonds | | | 984,847,637 | | | | — | | | | 984,847,637 | | | | — | |
Foreign Government Obligations | | | 129,314,607 | | | | — | | | | 129,314,607 | | | | — | |
Municipal Bonds | | | 32,167,891 | | | | — | | | | 32,167,891 | | | | — | |
Senior Floating Rate Interests | | | 176,175,952 | | | | — | | | | 176,175,952 | | | | — | |
U.S. Government Agencies | | | 1,389,085,786 | | | | 1,615,125 | | | | 1,387,470,661 | | | | — | |
U.S. Government Securities | | | 219,444,904 | | | | — | | | | 219,444,904 | | | | — | |
Preferred Stocks | | | 3,739,847 | | | | 3,739,847 | | | | — | | | | — | |
Short-Term Investments | | | 95,884,562 | | | | 95,884,562 | | | | — | | | | — | |
Purchased Options | | | 50,331 | | | | — | | | | 50,331 | | | | — | |
Foreign Currency Contracts(2) | | | 1,303,464 | | | | — | | | | 1,303,464 | | | | — | |
Futures Contracts(2) | | | 3,681,861 | | | | 3,681,861 | | | | — | | | | — | |
Swaps - Credit Default(2) | | | 2,827,201 | | | | — | | | | 2,827,201 | | | | — | |
Swaps - Interest Rate(2) | | | 434,876 | | | | — | | | | 434,876 | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 4,021,353,345 | | | $ | 104,921,395 | | | $ | 3,916,431,950 | | | $ | — | |
| | | | | | | | | | | | | | | | |
Liabilities | | | | | | | | | | | | | | | | |
Foreign Currency Contracts(2) | | $ | (2,632,385 | ) | | $ | — | | | $ | (2,632,385 | ) | | $ | — | |
Futures Contracts(2) | | | (1,529,076 | ) | | | (1,529,076 | ) | | | — | | | | — | |
Swaps - Credit Default(2) | | | (6,799,611 | ) | | | — | | | | (6,799,611 | ) | | | — | |
Swaps - Interest Rate(2) | | | (43,813 | ) | | | — | | | | (43,813 | ) | | | — | |
Swaps - Spreadlock(2) | | | (347,971 | ) | | | — | | | | (347,971 | ) | | | — | |
TBA Sale Commitments | | | (163,415,090 | ) | | | — | | | | (163,415,090 | ) | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | (174,767,946 | ) | | $ | (1,529,076 | ) | | $ | (173,238,870 | ) | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, investments valued at $24,775,863 were transferred from Level 1 to Level 2, and there were no transfers from Level 2 to Level 1. Investments are transferred between Level 1 and Level 2 for a variety of reasons including, but not limited to: |
| | a) | Foreign equities for which a fair value price is more representative of exit value than the local market close (transfer into Level 2). Foreign equities for which the local market close is more representative of exit value (transfer into Level 1). |
| | b) | U.S. Treasury securities that no longer represent the most recent issue (transfer into Level 2). |
| | c) | Equity investments with no observable trading but a bid or mean price is used (transfer into Level 2). Equity investments using observable quoted prices in an active market (transfer into Level 1). |
| (2) | Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/depreciation on the investments. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Asset & Commercial
Mortgage Backed
Securities | | | Total | |
Beginning balance | | $ | 76,042,449 | | | $ | 76,042,449 | |
Purchases | | | — | | | | — | |
Sales | | | (11,671,365 | ) | | | (11,671,365 | ) |
Accrued discounts/(premiums) | | | 43,414 | | | | 43,414 | |
Total realized gain/(loss) | | | 2,010,777 | | | | 2,010,777 | |
Net change in unrealized appreciation/depreciation | | | (1,931,314 | ) | | | (1,931,314 | ) |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | (64,493,961 | ) | | | (64,493,961 | ) |
| | | | | | | | |
Ending balance | | $ | — | | | $ | — | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $0.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Ultrashort Bond HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 21.6% | |
| | | | | | | Asset-Backed - Automobile - 6.6% | |
| | $ | | | | 1,724,784 | | | Ally Automotive Receivables Trust
0.63%, 05/15/2017 | | $ | 1,724,924 | |
| | | | | 1,885,000 | | | 0.75%, 02/21/2017 | | | 1,884,772 | |
| | | | | 126,913 | | | AmeriCredit Automobile Receivables Trust
0.56%, 03/08/2017(1) | | | 126,911 | |
| | | | | 1,568,817 | | | ARI Fleet Lease Trust
0.49%, 01/15/2021(1)(2) | | | 1,566,361 | |
| | | | | 574,208 | | | Capital Automotive Receivables Asset Trust
0.68%, 05/20/2016 | | | 574,209 | |
| | | | | 2,000,000 | | | 0.99%, 10/20/2017 | | | 1,999,922 | |
| | | | | 211,246 | | | CarMax Automotive Owner Trust
0.52%, 11/15/2016 | | | 211,239 | |
| | | | | 1,788,411 | | | Chesapeake Funding LLC
0.60%, 03/07/2026(1)(2) | | | 1,782,955 | |
| | | | | 1,985,000 | | | Credit Acceptance Automotive Loan Trust
1.50%, 04/15/2021(2) | | | 1,992,140 | |
| | | | | 4,894 | | | DT Automotive Owner Trust
0.66%, 07/17/2017(2) | | | 4,894 | |
| | | | | 1,506,848 | | | Enterprise Fleet Financing LLC
0.68%, 09/20/2018(2) | | | 1,506,611 | |
| | | | | 899,764 | | | 0.87%, 09/20/2019(2) | | | 899,035 | |
| | | | | 1,284,484 | | | 1.06%, 03/20/2019(2) | | | 1,286,222 | |
| | | | | 139,066 | | | First Investors Automotive Owner Trust
0.89%, 09/15/2017(2) | | | 139,062 | |
| | | | | 2,703,045 | | | 1.06%, 11/15/2018(2) | | | 2,702,466 | |
| | | | | | | | Ford Credit Automotive Owner Trust | | | | |
| | | | | 262,704 | | | 0.48%, 11/15/2016 | | | 262,700 | |
| | | | | 1,611,862 | | | 0.57%, 10/15/2017 | | | 1,611,388 | |
| | | | | 1,144,806 | | | 0.76%, 09/15/2016 | | | 1,145,321 | |
| | | | | | | | M&T Bank Automotive Receivables Trust | | | | |
| | | | | 4,332,665 | | | 1.06%, 11/15/2017(2) | | | 4,340,243 | |
| | | | | 4,250,000 | | | 1.57%, 08/15/2018(2) | | | 4,279,503 | |
| | | | | | | | Mercedes-Benz Automotive Lease Trust | | | | |
| | | | | 3,980,000 | | | 0.61%, 12/17/2018 | | | 3,979,415 | |
| | | | | 1,831,680 | | | 0.62%, 07/15/2016 | | | 1,831,213 | |
| | | | | | | | Nissan Automotive Lease Trust | | | | |
| | | | | 584,985 | | | 0.61%, 04/15/2016 | | | 585,002 | |
| | | | | 855,338 | | | 0.75%, 06/15/2016 | | | 855,431 | |
| | | | | 4,000,000 | | | 1.04%, 10/15/2019 | | | 4,001,088 | |
| | | | | 1,070,877 | | | Prestige Automotive Receivables Trust
0.97%, 03/15/2018(2) | | | 1,071,711 | |
| | | | | 154,872 | | | Santander Drive Automotive Receivables Trust
0.66%, 06/15/2017 | | | 154,854 | |
| | | | | | | | Westlake Automobile Receivables Trust | | | | |
| | | | | 1,174,340 | | | 0.70%, 05/15/2017(2) | | | 1,173,607 | |
| | | | | 2,525,000 | | | 1.28%, 07/16/2018(2) | | | 2,524,748 | |
| | | | | 567,724 | | | Wheels SPV LLC
0.84%, 03/20/2023(2) | | | 567,113 | |
| | | | | 4,250,000 | | | World Omni Automobile Lease Securitization Trust
1.40%, 02/15/2019 | | | 4,269,852 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 51,054,912 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Credit Card - 6.2% | |
| | | | | | | | American Express Credit Account Master Trust | | | | |
| | | | | 1,520,000 | | | 0.98%, 05/15/2019 | | | 1,521,172 | |
| | | | | 1,485,000 | | | 1.26%, 01/15/2020 | | | 1,486,926 | |
| | | | | 2,995,000 | | | Bank of America Credit Card Trust
0.57%, 06/15/2021(1) | | | 2,993,209 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 21.6% - (continued) | |
| | | | | | | Asset-Backed - Credit Card - 6.2% - (continued) | |
| | $ | | | | 1,085,000 | | | Cabela’s Master Credit Card Trust
0.54%, 03/16/2020(1) | | $ | 1,085,380 | |
| | | | | 3,605,000 | | | Capital One Multi-Asset Execution Trust
0.96%, 09/16/2019 | | | 3,604,456 | |
| | | | | | | | Chase Issuance Trust | | | | |
| | | | | 6,850,000 | | | 0.59%, 08/15/2017 | | | 6,850,020 | |
| | | | | 6,000,000 | | | 0.61%, 11/16/2020(1) | | | 6,010,818 | |
| | | | | | | | Citibank Credit Card Issuance Trust | | | | |
| | | | | 3,660,000 | | | 0.51%, 11/07/2018(1) | | | 3,658,159 | |
| | | | | 2,045,000 | | | 1.02%, 02/22/2019 | | | 2,044,053 | |
| | | | | 4,965,000 | | | 1.32%, 09/07/2018 | | | 4,989,999 | |
| | | | | | | | Golden Credit Card Trust | | | | |
| | | | | 4,465,000 | | | 0.44%, 02/15/2018(1)(2) | | | 4,462,973 | |
| | | | | 3,125,000 | | | 0.53%, 03/15/2019(1)(2) | | | 3,116,971 | |
| | | | | 3,275,000 | | | 0.79%, 09/15/2017(2) | | | 3,276,451 | |
| | | | | 3,500,000 | | | Synchrony Credit Card Master Note Trust
1.61%, 11/15/2020 | | | 3,511,875 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 48,612,462 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Finance & Insurance - 5.0% | |
| | | | | | | | Ally Master Owner Trust | | | | |
| | | | | 4,410,000 | | | 0.56%, 01/16/2018(1) | | | 4,405,621 | |
| | | | | 4,380,000 | | | 0.66%, 01/15/2019(1) | | | 4,379,128 | |
| | | | | 2,500,000 | | | 0.68%, 10/15/2019(1) | | | 2,505,208 | |
| | | | | | | | CNH Equipment Trust | | | | |
| | | | | 193,433 | | | 0.49%, 03/15/2017 | | | 193,434 | |
| | | | | 164,236 | | | 0.86%, 09/15/2017 | | | 164,254 | |
| | | | | | | | Ford Credit Floorplan Master Owner Trust | | | | |
| | | | | 2,105,000 | | | 0.59%, 02/15/2019(1) | | | 2,105,070 | |
| | | | | 2,450,000 | | | 0.85%, 01/15/2018 | | | 2,451,864 | |
| | | | | 6,500,000 | | | GE Dealer Floorplan Master Note Trust
0.63%, 10/20/2017(1) | | | 6,500,637 | |
| | | | | 1,150,000 | | | GMF Floorplan Owner Revolving Trust
0.69%, 05/15/2020(1)(2) | | | 1,150,478 | |
| | | | | | | | John Deere Owner Trust | | | | |
| | | | | 6,000,000 | | | 0.69%, 01/15/2019 | | | 6,003,624 | |
| | | | | 4,110,653 | | | 0.87%, 08/15/2017 | | | 4,116,034 | |
| | | | | 1,290,000 | | | MMAF Equipment Finance LLC
0.96%, 09/18/2017(2) | | | 1,290,654 | |
| | | | | 394,371 | | | New York City Tax Lien
1.03%, 11/10/2027(2) | | | 394,016 | |
| | | | | 690,000 | | | Ocwen Freddie Advance Funding
2.06%, 11/15/2045(2) | | | 690,000 | |
| | | | | 2,230,000 | | | Volvo Financial Equipment LLC
0.82%, 04/16/2018(2) | | | 2,226,664 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 38,576,686 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Mortgage-Backed Securities - 3.3% | |
| | | | | 1,456,846 | | | Banc of America Commercial Mortgage, Inc.
5.33%, 09/10/2047(1) | | | 1,464,219 | |
| | | | | | | | Bear Stearns Commercial Mortgage Securities, Inc. | | | | |
| | | | | 343,080 | | | 4.87%, 09/11/2042 | | | 342,809 | |
| | | | | 1,586,067 | | | 5.26%, 10/12/2042(1) | | | 1,589,120 | |
| | | | | 2,700,860 | | | 5.54%, 09/11/2041 | | | 2,789,176 | |
| | | | | 2,459,819 | | | 5.90%, 09/11/2038(1) | | | 2,522,126 | |
| | | | | | | | Citigroup/Deutsche Bank Commercial Mortgage Trust | | | | |
| | | | | 2,355,116 | | | 5.38%, 07/15/2044(1) | | | 2,356,970 | |
| | | | | 1,634,210 | | | 5.48%, 01/15/2046(1) | | | 1,646,163 | |
| | | | | 2,454,894 | | | Cobalt CMBS Commercial Mortgage Trust
5.22%, 08/15/2048 | | | 2,553,230 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Ultrashort Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 21.6% - (continued) | |
| | | | | | | Commercial Mortgage-Backed Securities - 3.3% - (continued) | |
| | | | | | | | Community or Commercial Mortgage Trust | | | | |
| | $ | | | | 1,130,000 | | | 0.99%, 03/15/2029(1)(2) | | $ | 1,128,715 | |
| | | | | 1,500,000 | | | 2.37%, 02/10/2029(2) | | | 1,524,097 | |
| | | | | 2,595,152 | | | Credit Suisse Mortgage Capital Certificates
5.47%, 09/15/2039 | | | 2,680,693 | |
| | | | | 1,857,602 | | | Hilton USA Trust
1.19%, 11/05/2030(1)(2) | | | 1,857,602 | |
| | | | | | | | JP Morgan Chase Commercial Mortgage Securities Corp. | | | | |
| | | | | 49,431 | | | 3.85%, 06/15/2043(2) | | | 49,391 | |
| | | | | 1,101,647 | | | 4.92%, 10/15/2042(1) | | | 1,102,341 | |
| | | | | 1,000,660 | | | 6.10%, 04/15/2045(1) | | | 1,023,450 | |
| | | | | 711,303 | | | Morgan Stanley Capital I Trust
5.36%, 11/14/2042(1) | | | 711,562 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 25,341,664 | |
| | | | | | | | | | | | |
| | | | | | | Machinery - Construction & Mining - 0.1% | |
| | | | | 622,662 | | | Kubota Credit Owner Trust
0.58%, 02/15/2017(2) | | | 622,401 | |
| | | | | | | | | | | | |
| | | | | | | Transportation - 0.4% | |
| | | | | | | | GE Equipment Transportation LLC | | | | |
| | | | | 226,387 | | | 0.61%, 06/24/2016 | | | 226,398 | |
| | | | | 3,000,000 | | | 0.92%, 09/25/2017 | | | 2,999,496 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,225,894 | |
| | | | | | | | | | | | |
| | | | | | | | Total Asset & Commercial Mortgage Backed Securities
(cost $167,661,120) | | $ | 167,434,019 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| CORPORATE BONDS - 47.6% | |
| | | | | | | Aerospace/Defense - 0.3% | |
| | $ | | | | 2,300,000 | | | Rockwell Collins, Inc.
0.64%, 12/15/2016(1) | | $ | 2,299,135 | |
| | | | | | | | | | | | |
| | | | | | | Agriculture - 1.2% | |
| | | | | 2,000,000 | | | BAT International Finance plc
0.80%, 06/15/2018(1)(2) | | | 1,998,822 | |
| | | | | 6,000,000 | | | Philip Morris International, Inc.
2.50%, 05/16/2016 | | | 6,102,816 | |
| | | | | 1,425,000 | | | Reynolds American, Inc.
2.30%, 06/12/2018 | | | 1,435,653 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 9,537,291 | |
| | | | | | | | | | | | |
| | | | | | | Auto Manufacturers - 4.6% | |
| | | | | 6,000,000 | | | American Honda Finance Corp.
0.77%, 10/07/2016(1) | | | 6,023,322 | |
| | | | | 2,000,000 | | | Daimler Finance NA LLC
0.70%, 03/02/2018(1)(2) | | | 1,996,762 | |
| | | | | 2,000,000 | | | Daimler Finance North America LLC
1.65%, 05/18/2018(2) | | | 1,989,094 | |
| | | | | | | | Ford Motor Credit Co. LLC | | | | |
| | | | | 2,150,000 | | | 1.05%, 01/17/2017(1) | | | 2,149,572 | |
| | | | | 2,500,000 | | | 1.12%, 03/12/2019(1) | | | 2,480,907 | |
| | | | | 2,000,000 | | | 1.72%, 12/06/2017 | | | 1,989,616 | |
| | | | | 2,600,000 | | | Harley-Davidson Financial Services, Inc.
3.88%, 03/15/2016(2) | | | 2,652,988 | |
| | | | | | | | Nissan Motor Acceptance Corp. | | | | |
| | | | | 1,375,000 | | | 0.83%, 03/03/2017(1)(2) | | | 1,380,002 | |
| | | | | 1,975,000 | | | 0.98%, 09/26/2016(1)(2) | | | 1,984,439 | |
| | | | | 2,000,000 | | | 1.50%, 03/02/2018(2) | | | 1,995,018 | |
| | | | | 1,000,000 | | | PACCAR Financial Corp.
1.40%, 05/18/2018 | | | 998,431 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 47.6% - (continued) | |
| | | | | | | Auto Manufacturers - 4.6% - (continued) | |
| | $ | | | | 1,500,000 | | | PACCAR Financial Services Corp.
0.88%, 12/06/2018(1) | | $ | 1,505,966 | |
| | | | | | | | Toyota Motor Credit Corp. | | | | |
| | | | | 2,000,000 | | | 0.57%, 05/17/2016(1) | | | 2,003,258 | |
| | | | | 1,850,000 | | | 0.60%, 01/12/2018(1) | | | 1,850,448 | |
| | | | | 2,000,000 | | | 1.13%, 05/16/2017 | | | 2,004,424 | |
| | | | | 3,000,000 | | | Volkswagen Group of America Finance LLC
0.75%, 05/22/2018(1)(2) | | | 2,999,091 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 36,003,338 | |
| | | | | | | | | | | | |
| | | | | | | Beverages - 1.4% | |
| | | | | 5,000,000 | | | Anheuser-Busch InBev Worldwide, Inc.
0.68%, 02/01/2019(1) | | | 4,936,720 | |
| | | | | 6,000,000 | | | SABMiller Holdings, Inc.
0.97%, 08/01/2018(1)(2) | | | 6,016,224 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,952,944 | |
| | | | | | | | | | | | |
| | | | | | | Chemicals - 0.2% | |
| | | | | 2,000,000 | | | Monsanto Co.
1.15%, 06/30/2017 | | | 1,987,932 | |
| | | | | | | | | | | | |
| | | | | | | Commercial Banks - 23.2% | |
| | | | | | | | Abbey National Treasury Services plc | | | | |
| | | | | 1,500,000 | | | 0.69%, 09/29/2017(1) | | | 1,495,490 | |
| | | | | 3,000,000 | | | 0.80%, 03/13/2017(1) | | | 2,996,658 | |
| | | | | 2,150,000 | | | ABN Amro Bank N.V.
0.69%, 06/06/2016(1)(2) | | | 2,150,189 | |
| | | | | 3,000,000 | | | Australia & New Zealand Banking Group Ltd.
0.65%, 01/10/2017(1)(2) | | | 3,003,603 | |
| | | | | | | | Bank of America Corp. | | | | |
| | | | | 2,000,000 | | | 1.32%, 01/15/2019(1) | | | 2,017,962 | |
| | | | | 2,000,000 | | | 1.35%, 03/22/2018(1) | | | 2,018,204 | |
| | | | | 2,000,000 | | | 1.70%, 08/25/2017 | | | 2,002,298 | |
| | | | | 1,280,000 | | | 2.00%, 01/11/2018 | | | 1,284,195 | |
| | | | | 720,000 | | | 5.65%, 05/01/2018 | | | 790,926 | |
| | | | | | | | Bank of Montreal | | | | |
| | | | | 4,000,000 | | | 0.80%, 07/15/2016(1) | | | 4,015,232 | |
| | | | | 2,000,000 | | | 1.40%, 04/10/2018 | | | 1,987,834 | |
| | | | | 6,000,000 | | | Bank of Nova Scotia
0.80%, 07/15/2016(1) | | | 6,022,848 | |
| | | | | 2,000,000 | | | Bank of Tokyo-Mitsubishi UFJ Ltd.
0.59%, 09/08/2017(1)(2) | | | 1,993,756 | |
| | | | | 2,815,000 | | | Barclays Bank plc
0.86%, 02/17/2017(1) | | | 2,805,347 | |
| | | | | 2,500,000 | | | BB&T Corp.
0.94%, 02/01/2019(1) | | | 2,498,150 | |
| | | | | 5,000,000 | | | BNP Paribas S.A.
0.88%, 12/12/2016(1) | | | 5,009,710 | |
| | | | | 6,000,000 | | | BPCE S.A.
1.13%, 02/10/2017(1) | | | 6,033,066 | |
| | | | | 2,500,000 | | | Branch Banking & Trust Co.
0.71%, 12/01/2016(1) | | | 2,502,612 | |
| | | | | 6,000,000 | | | Canadian Imperial Bank of Commerce
0.80%, 07/18/2016(1) | | | 6,021,156 | |
| | | | | | | | Citigroup, Inc. | | | | |
| | | | | 2,500,000 | | | 0.95%, 11/15/2016(1) | | | 2,504,037 | |
| | | | | 4,000,000 | | | 1.04%, 04/08/2019(1) | | | 3,991,136 | |
| | | | | 2,000,000 | | | Commonwealth Bank of Australia
0.78%, 09/20/2016(1)(2) | | | 2,007,116 | |
| | | | | | | | Credit Agricole S.A. | | | | |
| | | | | 3,000,000 | | | 1.13%, 10/03/2016(1)(2) | | | 3,014,919 | |
| | | | | 2,500,000 | | | 1.25%, 06/10/2020(1)(2) | | | 2,496,550 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Ultrashort Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 47.6% - (continued) | |
| | | | | | | Commercial Banks - 23.2% - (continued) | |
| | | | | | | | Credit Suisse New York | | | | |
| | $ | | | | 2,250,000 | | | 0.96%, 04/27/2018(1) | | $ | 2,249,993 | |
| | | | | 1,700,000 | | | 1.38%, 05/26/2017 | | | 1,698,739 | |
| | | | | 2,250,000 | | | 1.70%, 04/27/2018 | | | 2,234,320 | |
| | | | | | | | Deutsche Bank AG London | | | | |
| | | | | 2,000,000 | | | 0.89%, 02/13/2017(1) | | | 1,997,008 | |
| | | | | 2,000,000 | | | 1.35%, 05/30/2017 | | | 1,986,598 | |
| | | | | | | | Fifth Third Bancorp | | | | |
| | | | | 2,500,000 | | | 0.79%, 11/18/2016(1) | | | 2,503,557 | |
| | | | | 2,500,000 | | | 1.35%, 06/01/2017 | | | 2,492,515 | |
| | | | | | | | Goldman Sachs Group, Inc. | | | | |
| | | | | 2,000,000 | | | 1.37%, 11/15/2018(1) | | | 2,017,716 | |
| | | | | 2,000,000 | | | 1.44%, 04/23/2020(1) | | | 2,019,530 | |
| | | | | 3,000,000 | | | 1.48%, 04/30/2018(1) | | | 3,031,647 | |
| | | | | 3,000,000 | | | HSBC Bank plc
0.91%, 05/15/2018(1)(2) | | | 3,012,699 | |
| | | | | 3,000,000 | | | Huntington National Bank
0.70%, 04/24/2017(1) | | | 2,992,656 | |
| | | | | | | | ING Bank N.V. | | | | |
| | | | | 2,300,000 | | | 0.84%, 03/16/2018(1)(2) | | | 2,301,783 | |
| | | | | 3,000,000 | | | 1.92%, 09/25/2015(1)(2) | | | 3,010,146 | |
| | | | | | | | JP Morgan Chase & Co. | | | | |
| | | | | 1,500,000 | | | 0.79%, 03/01/2018(1) | | | 1,495,536 | |
| | | | | 1,500,000 | | | 0.90%, 02/26/2016(1) | | | 1,502,048 | |
| | | | | 3,000,000 | | | 0.91%, 01/28/2019(1) | | | 2,994,651 | |
| | | | | 1,600,000 | | | Key Bank NA
0.80%, 06/01/2018(1) | | | 1,600,912 | |
| | | | | 2,000,000 | | | Lloyds Bank plc
0.81%, 03/16/2018(1) | | | 1,999,412 | |
| | | | | | | | Manufacturers & Traders Trust Co. | | | | |
| | | | | 3,000,000 | | | 0.65%, 01/30/2017(1) | | | 2,993,112 | |
| | | | | 1,500,000 | | | 1.40%, 07/25/2017 | | | 1,497,885 | |
| | | | | | | | Morgan Stanley | | | | |
| | | �� | | 3,000,000 | | | 1.13%, 01/24/2019(1) | | | 2,998,878 | |
| | | | | 1,525,000 | | | 1.53%, 02/25/2016(1) | | | 1,533,244 | |
| | | | | 1,275,000 | | | 5.95%, 12/28/2017 | | | 1,401,499 | |
| | | | | | | | Nordea Bank AB | | | | |
| | | | | 3,000,000 | | | 0.64%, 04/04/2017(1)(2) | | | 3,002,085 | |
| | | | | 3,000,000 | | | 0.74%, 05/13/2016(1)(2) | | | 3,010,302 | |
| | | | | 7,500,000 | | | PNC Bank NA
1.15%, 11/01/2016 | | | 7,509,675 | |
| | | | | | | | Royal Bank of Canada | | | | |
| | | | | 3,000,000 | | | 0.61%, 01/23/2017(1) | | | 3,001,785 | |
| | | | | 3,000,000 | | | 0.65%, 03/08/2016(1) | | | 3,006,495 | |
| | | | | 2,000,000 | | | Santander Bank NA
1.21%, 01/12/2018(1) | | | 1,997,998 | |
| | | | | 3,000,000 | | | Societe Generale S.A.
1.36%, 10/01/2018(1) | | | 3,046,008 | |
| | | | | 2,000,000 | | | Standard Chartered plc
0.91%, 04/17/2018(1)(2) | | | 1,998,898 | |
| | | | | 3,000,000 | | | Sumitomo Mitsui Banking Corp.
0.70%, 01/10/2017(1) | | | 2,999,976 | |
| | | | | 3,000,000 | | | SunTrust Banks, Inc.
0.71%, 02/15/2017(1) | | | 2,997,036 | |
| | | | | 6,000,000 | | | Svenska Handelsbanken AB
0.75%, 09/23/2016(1) | | | 6,019,956 | |
| | | | | | | | Toronto-Dominion Bank | | | | |
| | | | | 3,000,000 | | | 0.52%, 05/02/2017(1) | | | 2,998,233 | |
| | | | | 3,000,000 | | | 0.74%, 09/09/2016(1) | | | 3,010,488 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 47.6% - (continued) | |
| | | | | | | Commercial Banks - 23.2% - (continued) | |
| | $ | | | | 875,000 | | | U.S. Bancorp
0.76%, 11/15/2018(1) | | $ | 877,574 | |
| | | | | 6,000,000 | | | UBS AG Stamford CT
5.88%, 12/20/2017 | | | 6,600,708 | |
| | | | | 2,000,000 | | | Wells Fargo & Co.
1.15%, 06/02/2017 | | | 1,994,938 | |
| | | | | 1,450,000 | | | Wells Fargo Bank NA
0.43%, 06/02/2016(1) | | | 1,450,518 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 179,751,751 | |
| | | | | | | | | | | | |
| | | | | | | Diversified Financial Services - 3.1% | |
| | | | | | | | American Express Credit Corp. | | | | |
| | | | | 1,500,000 | | | 0.79%, 07/29/2016(1) | | | 1,502,217 | |
| | | | | 2,500,000 | | | 0.84%, 03/18/2019(1) | | | 2,490,622 | |
| | | | | 1,500,000 | | | 1.13%, 06/05/2017 | | | 1,494,352 | |
| | | | | | | | Capital One Bank | | | | |
| | | | | 2,500,000 | | | 1.15%, 11/21/2016 | | | 2,491,160 | |
| | | | | 1,500,000 | | | 1.30%, 06/05/2017 | | | 1,490,699 | |
| | | | | | | | General Electric Capital Corp. | | | | |
| | | | | 2,000,000 | | | 0.55%, 05/15/2017(1) | | | 2,003,196 | |
| | | | | 3,000,000 | | | 0.99%, 04/02/2018(1) | | | 3,036,786 | |
| | | | | 3,750,000 | | | Macquarie Bank Ltd.
1.28%, 01/31/2017(1)(2) | | | 3,767,434 | |
| | | | | 4,000,000 | | | National Rural Utilities Cooperative Finance Corp.
0.58%, 11/23/2016(1) | | | 4,004,668 | |
| | | | | 1,700,000 | | | Synchrony Financial
1.51%, 02/03/2020(1) | | | 1,707,485 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 23,988,619 | |
| | | | | | | | | | | | |
| | | | | | | Electric - 1.3% | |
| | | | | 6,000,000 | | | Duke Energy Indiana, Inc.
0.63%, 07/11/2016(1) | | | 6,004,260 | |
| | | | | 905,000 | | | Exelon Corp.
1.55%, 06/09/2017 | | | 906,286 | |
| | | | | 3,165,000 | | | NSTAR Electric Co.
0.52%, 05/17/2016(1) | | | 3,158,078 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 10,068,624 | |
| | | | | | | | | | | | |
| | | | | | | Electronics - 0.2% | |
| | | | | 1,450,000 | | | Thermo Fisher Scientific, Inc.
1.30%, 02/01/2017 | | | 1,447,592 | |
| | | | | | | | | | | | |
| | | | | | | Gas - 0.5% | |
| | | | | 4,000,000 | | | Dominion Gas Holdings LLC
1.05%, 11/01/2016 | | | 3,993,716 | |
| | | | | | | | | | | | |
| | | | | | | Healthcare-Products - 0.5% | |
| | | | | 1,820,000 | | | Medtronic, Inc.
1.50%, 03/15/2018(2) | | | 1,815,883 | |
| | | | | 1,750,000 | | | Zimmer Holdings, Inc.
1.45%, 04/01/2017 | | | 1,750,592 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,566,475 | |
| | | | | | | | | | | | |
| | | | | | | Home Furnishings - 0.3% | |
| | | | | 2,645,000 | | | Whirlpool Corp.
1.35%, 03/01/2017 | | | 2,652,782 | |
| | | | | | | | | | | | |
| | | | | | | Insurance - 1.9% | |
| | | | | 3,500,000 | | | New York Life Global Funding
1.13%, 03/01/2017(2) | | | 3,497,148 | |
| | | | | 3,500,000 | | | Pricoa Global Funding I
1.15%, 11/25/2016(2) | | | 3,499,037 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Ultrashort Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 47.6% - (continued) | |
| | | | | | | Insurance - 1.9% - (continued) | |
| | | | | | | | Principal Life Global Funding II | |
| | $ | | | | 2,000,000 | | | 1.13%, 02/24/2017(2) | | $ | 1,997,254 | |
| | | | | 1,450,000 | | | 1.20%, 05/19/2017(2) | | | 1,449,198 | |
| | | | | 4,000,000 | | | Prudential Financial, Inc.
1.05%, 08/15/2018(1) | | | 4,025,696 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 14,468,333 | |
| | | | | | | | | | | | |
| | | | | | | IT Services - 0.4% | |
| | | | | 3,000,000 | | | Hewlett-Packard Co.
1.22%, 01/14/2019(1) | | | 2,957,844 | |
| | | | | | | | | | | | |
| | | | | | | Machinery - Construction & Mining - 0.3% | |
| | | | | 2,175,000 | | | Caterpillar Financial Services Corp.
0.51%, 03/03/2017(1) | | | 2,178,093 | |
| | | | | | | | | | | | |
| | | | | | | Media - 0.9% | |
| | | | | 3,000,000 | | | NBCUniversal Enterprise, Inc.
0.96%, 04/15/2018(1)(2) | | | 3,013,623 | |
| | | | | | | | Thomson Reuters Corp. | |
| | | | | 700,000 | | | 0.88%, 05/23/2016 | | | 698,582 | |
| | | | | 3,000,000 | | | 1.30%, 02/23/2017 | | | 2,993,016 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,705,221 | |
| | | | | | | | | | | | |
| | | | | | | Oil & Gas - 2.5% | |
| | | | | | | | BP Capital Markets plc | |
| | | | | 3,000,000 | | | 0.70%, 11/07/2016(1) | | | 2,999,070 | |
| | | | | 4,000,000 | | | 0.91%, 09/26/2018(1) | | | 4,009,884 | |
| | | | | 2,345,000 | | | 1.67%, 02/13/2018 | | | 2,353,219 | |
| | | | | 3,000,000 | | | ConocoPhillips Co.
0.61%, 05/15/2018(1) | | | 2,999,100 | |
| | | | | 4,250,000 | | | Devon Energy Corp.
0.83%, 12/15/2016(1) | | | 4,200,985 | |
| | | | | 3,000,000 | | | Statoil ASA
0.74%, 11/08/2018(1) | | | 2,995,914 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 19,558,172 | |
| | | | | | | | | | | | |
| | | | | | | Pharmaceuticals - 2.1% | |
| | | | | | | | Actavis Funding SCS | |
| | | | | 2,000,000 | | | 1.30%, 06/15/2017 | | | 1,986,494 | |
| | | | | 4,700,000 | | | 1.37%, 03/12/2018(1) | | | 4,719,679 | |
| | | | | 1,750,000 | | | Baxalta, Inc.
1.06%, 06/22/2018(1)(2) | | | 1,749,477 | |
| | | | | 2,000,000 | | | Bayer US Finance LLC
0.56%, 10/06/2017(1)(2) | | | 1,995,954 | |
| | | | | 1,500,000 | | | Express Scripts Holding Co.
1.25%, 06/02/2017 | | | 1,492,972 | |
| | | | | 3,300,000 | | | McKesson Corp.
1.29%, 03/10/2017 | | | 3,295,189 | |
| | | | | 935,000 | | | Perrigo Co. Ltd.
1.30%, 11/08/2016 | | | 931,042 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 16,170,807 | |
| | | | | | | | | | | | |
| | | | | | | Pipelines - 0.5% | |
| | | | | | | | Enbridge, Inc. | |
| | | | | 1,800,000 | | | 0.73%, 06/02/2017(1) | | | 1,778,450 | |
| | | | | 2,000,000 | | | 0.93%, 10/01/2016(1) | | | 1,996,790 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,775,240 | |
| | | | | | | | | | | | |
| | | | | | | Real Estate Investment Trusts - 0.6% | |
| | | | | | | | Ventas Realty L.P. | |
| | | | | 570,000 | | | 1.25%, 04/17/2017 | | | 568,598 | |
| | | | | 4,000,000 | | | 1.55%, 09/26/2016 | | | 4,014,744 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,583,342 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| CORPORATE BONDS - 47.6% - (continued) | |
| | | | | | | Retail - 0.3% | |
| | $ | | | | 2,585,000 | | | CVS Health Corp.
1.20%, 12/05/2016 | | $ | 2,588,622 | |
| | | | | | | | | | | | |
| | | | | | | Software - 0.1% | |
| | | | | 405,000 | | | Fidelity National Information Services, Inc.
1.45%, 06/05/2017 | | | 404,086 | |
| | | | | | | | | | | | |
| | | | | | | Telecommunications - 1.1% | |
| | | | | | | | British Telecommunications plc | |
| | | | | 1,190,000 | | | 1.25%, 02/14/2017 | | | 1,188,113 | |
| | | | | | | | | | | | |
| | | | | 3,135,000 | | | 1.63%, 06/28/2016 | | | 3,150,929 | |
| | | | | | | | | | | | |
| | | | | 4,000,000 | | | Verizon Communications, Inc.
2.04%, 09/14/2018(1) | | | 4,138,180 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 8,477,222 | |
| | | | | | | | | | | | |
| | | | | | | Trucking & Leasing - 0.1% | |
| | | | | 1,145,000 | | | GATX Corp.
1.25%, 03/04/2017 | | | 1,141,622 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Corporate Bonds
(cost $369,311,101) | | $ | 369,258,803 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| | | | MUNICIPAL BONDS - 0.7% | | | |
| | | | | | | Education - 0.2% | |
| | | | | 2,000,000 | | | New Jersey State Econ DA
1.10%, 06/15/2016 | | $ | 1,987,420 | |
| | | | | | | | | | | | |
| | | | | | | General - 0.2% | |
| | | | | 1,750,000 | | | State of Illinois
5.13%, 07/01/2017 | | | 1,833,142 | |
| | | | | | | | | | | | |
| | | | | | | Transportation - 0.3% | |
| | | | | 2,000,000 | | | New Jersey Transit Corp.
0.80%, 09/15/2015 | | | 2,000,280 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Municipal Bonds
(cost $5,864,129) | | $ | 5,820,842 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| U.S. GOVERNMENT AGENCIES - 14.3% | | | |
| | | | | | | FFCB - 10.5% | |
| | $ | | | | 20,000,000 | | | 0.45%, 04/18/2016 | | $ | 20,020,420 | |
| | | | | 27,000,000 | | | 0.45%, 09/08/2016 | | | 27,008,721 | |
| | | | | 34,150,000 | | | 0.50%, 06/27/2016 | | | 34,198,220 | |
| | | | | | | | | | | 81,227,361 | |
| | | | | | | FHLMC - 0.9% | |
| | | | | 7,165,000 | | | 0.63%, 11/01/2016 | | | 7,178,614 | |
| | | | | | | | | | | | |
| | | | | | | FNMA - 2.9% | |
| | | | | 10,049,000 | | | 0.50%, 09/28/2015 | | | 10,047,131 | |
| | | | | 12,500,000 | | | 0.50%, 03/30/2016 | | | 12,517,337 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 22,564,468 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total U.S. Government Agencies (cost $110,933,079) | | $ | 110,970,443 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| U.S. GOVERNMENT SECURITIES - 13.9% | |
| | | | | | | Other Direct Federal Obligations - 13.9% | |
| | | | | | | FHLB - 13.9% | |
| | $ | | | | 23,000,000 | | | 0.34%, 01/25/2016 | | $ | 23,013,731 | |
| | | | | 5,580,000 | | | 0.33%, 06/17/2016 | | | 5,573,845 | |
| | | | | 22,250,000 | | | 0.32%, 03/18/2016 | | | 22,272,139 | |
| | | | | 12,500,000 | | | 1.00%, 03/11/2016 | | | 12,553,950 | |
| | | | | 38,660,000 | | | 0.38%, 06/24/2016 | | | 38,657,371 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Ultrashort Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT SECURITIES - 13.9% - (continued) | |
| | | | | | | Other Direct Federal Obligations - 13.9% - (continued) | |
| | $ | | | | 5,500,000 | | | 3.13%, 03/11/2016 | | $ | 5,607,327 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 107,678,363 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total U.S. Government Securities (cost $107,606,028) | | $ | 107,678,363 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Long-Term Investments (cost $761,375,457) | | $ | 761,162,470 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| | | | SHORT-TERM INVESTMENTS - 1.9% | | | |
| | | | | | | | Other Investment Pools & Funds - 1.9% | |
| | | | | 14,993,915 | | | Fidelity Money Market Class 1 | | $ | 14,993,915 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Short-Term Investments (cost $14,993,915) | | $ | 14,993,915 | |
| | | | | | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $776,369,372)^ | | | 100.0 | % | | $ | 776,156,385 | |
| | Other Assets and Liabilities | | | 0.0 | % | | | (362,377 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 775,794,008 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Ultrashort Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group indices and/or as defined by Fund management. Industry classifications may not be identical across all security types. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $776,369,372 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 630,381 | |
Unrealized Depreciation | | | (843,368 | ) |
| | | | |
Net Unrealized Depreciation | | $ | (212,987 | ) |
| | | | |
| (1) | Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2015. |
| (2) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2015, the aggregate value of these securities was $124,426,578, which represents 16.0% of total net assets. |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
FFCB | | Federal Farm Credit Bank |
FHLB | | Federal Home Loan Bank |
FHLMC | | Federal Home Loan Mortgage Corp. |
FNMA | | Federal National Mortgage Association |
| Municipal Abbreviations: |
DA | | Development Authority |
The accompanying notes are an integral part of these financial statements.
|
| Hartford Ultrashort Bond HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Asset & Commercial Mortgage Backed Securities | | $ | 167,434,019 | | | $ | — | | | $ | 167,434,019 | | | $ | — | |
Corporate Bonds | | | 369,258,803 | | | | — | | | | 369,258,803 | | | | — | |
Municipal Bonds | | | 5,820,842 | | | | — | | | | 5,820,842 | | | | — | |
U.S. Government Agencies | | | 110,970,443 | | | | — | | | | 110,970,443 | | | | — | |
U.S. Government Securities | | | 107,678,363 | | | | — | | | | 107,678,363 | | | | — | |
Short-Term Investments | | | 14,993,915 | | | | 14,993,915 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 776,156,385 | | | $ | 14,993,915 | | | $ | 761,162,470 | | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Asset & Commercial
Mortgage Backed
Securities | | | Total | |
Beginning balance | | $ | 3,787,652 | | | $ | 3,787,652 | |
Purchases | | | — | | | | — | |
Sales | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | — | | | | — | |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | (3,787,652 | ) | | | (3,787,652 | ) |
| | | | | | | | |
Ending balance | | $ | — | | | $ | — | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $(0).
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
|
| Hartford U.S. Government Securities HLS Fund |
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 18.7% | |
| | | | | | | Asset-Backed - Automobile - 2.7% | |
| | $ | | | | 2,595,000 | | | Capital Automotive Receivables Asset Trust 2.22%, 01/22/2019 | | $ | 2,620,423 | |
| | | | | 30,603 | | | Carfinance Capital Automotive Trust
1.65%, 07/17/2017(1) | | | 30,612 | |
| | | | | 3,595,000 | | | Credit Acceptance Automotive Loan Trust
2.21%, 09/15/2020(1) | | | 3,610,890 | |
| | | | | 3,430,000 | | | Drive Auto Receivables Trust
2.12%, 06/17/2019(1) | | | 3,429,588 | |
| | | | | 1,240,000 | | | Huntington Automotive Trust
1.07%, 02/15/2018 | | | 1,237,572 | |
| | | | | 3,350,000 | | | Westlake Automobile Receivables Trust
3.40%, 01/15/2021(1) | | | 3,349,665 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 14,278,750 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Credit Card - 0.8% | |
| | | | | 4,180,000 | | | Cabela’s Master Credit Card Trust
0.64%, 07/15/2022(2) | | | 4,171,636 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Finance & Insurance - 10.0% | |
| | | | | 3,385,000 | | | Apidos CLO
1.77%, 04/17/2026(1)(2) | | | 3,381,953 | |
| | | | | | | | Ares CLO Ltd. | | | | |
| | | | | 4,755,000 | | | 1.73%, 04/20/2023(1)(2) | | | 4,700,793 | |
| | | | | 3,135,000 | | | 1.80%, 04/17/2026(1)(2) | | | 3,135,314 | |
| | | | | 1,205,000 | | | Avalon IV Capital Ltd.
2.12%, 04/17/2023(1)(2) | | | 1,203,554 | |
| | | | | 3,710,667 | | | Cal Funding II Ltd.
3.47%, 10/25/2027(1) | | | 3,716,826 | |
| | | | | 4,085,000 | | | Dryden Senior Loan Fund
1.63%, 04/18/2026(1)(2) | | | 4,071,111 | |
| | | | | 2,000,000 | | | Flatiron CLO Ltd.
2.17%, 07/17/2026(1)(2) | | | 1,997,400 | |
| | | | | 695,000 | | | Ford Credit Floorplan Master Owner Trust 2.32%, 01/15/2019 | | | 705,161 | |
| | | | | 3,400,000 | | | ING Investment Management CLO Ltd.
2.14%, 03/14/2022(1)(2) | | | 3,395,580 | |
| | | | | 3,400,000 | | | Limerock CLO
1.78%, 04/18/2026(1)(2) | | | 3,398,640 | |
| | | | | 2,990,000 | | | Magnetite CLO Ltd.
2.23%, 07/25/2026(1)(2) | | | 2,986,113 | |
| | | | | 1,815,000 | | | Nationstar Agency Advance Funding Trust 1.89%, 02/18/2048(1) | | | 1,783,056 | |
| | | | | 1,885,000 | | | Ocwen Freddie Advance Funding
2.06%, 11/15/2045(1) | | | 1,885,000 | |
| | | | | 3,395,809 | | | SpringCastle America Funding LLC
2.70%, 05/25/2023(1) | | | 3,416,829 | |
| | | | | | | | Springleaf Funding Trust | |
| | | | | 2,890,000 | | | 2.41%, 12/15/2022(1) | | | 2,893,613 | |
| | | | | 4,720,000 | | | 3.16%, 11/15/2024(1) | | | 4,775,993 | |
| | | | | 1,350,053 | | | Structured Asset Securities Corp.
1.69%, 02/25/2033(2) | | | 1,345,981 | |
| | | | | 3,473,000 | | | TAL Advantage LLC
2.83%, 02/22/2038(1) | | | 3,455,649 | |
| | | | | 1,370,000 | | | Voya CLO Ltd.
1.73%, 07/17/2026(1)(2) | | | 1,369,178 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 53,617,744 | |
| | | | | | | | | | | | |
| | | | | | | Asset-Backed - Home Equity - 0.2% | |
| | | | | 157,052 | | | Master Asset Backed Securities Trust
2.89%, 05/25/2033(2) | | | 152,987 | |
| | | | | 1,193,522 | | | Morgan Stanley Asset Backed Securities Capital I
1.69%, 11/25/2032(2) | | | 1,177,443 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,330,430 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
ASSET & COMMERCIAL MORTGAGE BACKED
SECURITIES - 18.7% - (continued) | |
| | | | | | | Commercial Mortgage-Backed Securities - 0.4% | |
| | $ | | | | 2,050,000 | | | FREMF Mortgage Trust
3.95%, 06/25/2047(1)(2) | | $ | 2,127,505 | |
| | | | | | | | | | | | |
| | | | | | | Whole Loan Collateral CMO - 4.6% | |
| | | | | 4,834,212 | | | LSTAR Securities Investment Trust
2.18%, 05/01/2020(1)(2) | | | 4,787,378 | |
| | | | | 2,636,617 | | | Morgan Stanley Dean Witter Capital I
1.70%, 03/25/2033(2) | | | 2,467,470 | |
| | | | | 2,337,481 | | | Sequoia Mortgage Trust
0.42%, 02/20/2035(2) | | | 2,196,678 | |
| | | | | | | | Springleaf Mortgage Loan Trust | | | | |
| | | | | 2,543,578 | | | 1.27%, 06/25/2058(1)(2) | | | 2,540,449 | |
| | | | | 2,311,996 | | | 1.57%, 12/25/2059(1)(2) | | | 2,316,569 | |
| | | | | 3,157,419 | | | Thornburg Mortgage Securities Trust
2.23%, 04/25/2045(2) | | | 3,172,142 | |
| | | | | | | | WaMu Mortgage Pass-Through Certificates | | | | |
| | | | | 2,227,915 | | | 2.16%, 03/25/2033(2) | | | 2,230,179 | |
| | | | | 2,592,133 | | | 2.33%, 10/25/2035(2) | | | 2,492,232 | |
| | | | | 2,463,199 | | | Wells Fargo Mortgage Backed Securities Trust
2.51%, 09/25/2033(2) | | | 2,456,267 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 24,659,364 | |
| | | | | | | | | | | | |
| | | | | | | | Total Asset & Commercial Mortgage Backed Securities
(cost $99,474,622) | | $ | 100,185,429 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| MUNICIPAL BONDS - 0.6% | |
| | | | | | | Power - 0.6% | |
| | $ | | | | 2,920,000 | | | Utility Debt Securitization Auth, New York 3.44%, 12/15/2025 | | $ | 3,021,032 | |
| | | | | | | | | | | | |
| | | | | | | | Total Municipal Bonds
(cost $2,919,836) | | $ | 3,021,032 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| U.S. GOVERNMENT AGENCIES - 53.3% | |
| | | | | | | FHLMC - 8.9% | |
| | $ | | | | 5,887,702 | | | 0.56%, 04/25/2020(2) | | $ | 5,914,279 | |
| | | | | 11,559,136 | | | 1.57%, 01/25/2022 | | | 11,490,544 | |
| | | | | 4,709,923 | | | 2.55%, 06/01/2042(2) | | | 4,887,795 | |
| | | | | 6,000,000 | | | 3.50%, 11/15/2025 | | | 6,386,436 | |
| | | | | 1,600,000 | | | 3.50%, 07/01/2045(3) | | | 1,646,000 | |
| | | | | 112,671 | | | 4.50%, 12/01/2018 | | | 117,343 | |
| | | | | 9,260 | | | 5.50%, 06/01/2034 | | | 10,418 | |
| | | | | 73,611 | | | 5.50%, 10/01/2035 | | | 82,526 | |
| | | | | 125,206 | | | 5.50%, 04/01/2037 | | | 140,118 | |
| | | | | 1,593,359 | | | 5.50%, 12/01/2037 | | | 1,783,460 | |
| | | | | 547,535 | | | 5.50%, 04/01/2038 | | | 612,626 | |
| | | | | 37,742 | | | 5.50%, 05/01/2038 | | | 42,257 | |
| | | | | 3,147,204 | | | 5.50%, 08/01/2038 | | | 3,521,357 | |
| | | | | 15,418 | | | 5.50%, 08/01/2038 | | | 17,467 | |
| | | | | 6,174 | | | 5.50%, 12/01/2039 | | | 6,908 | |
| | | | | 78,978 | | | 6.00%, 10/01/2021 | | | 89,297 | |
| | | | | 103,331 | | | 6.00%, 10/01/2022 | | | 116,908 | |
| | | | | 119,488 | | | 6.00%, 01/01/2028 | | | 136,081 | |
| | | | | 43,513 | | | 6.00%, 04/15/2028 | | | 49,301 | |
| | | | | 77,155 | | | 6.00%, 05/15/2028(4) | | | 87,840 | |
| | | | | 7,170 | | | 6.00%, 11/15/2028 | | | 8,180 | |
| | | | | 82,690 | | | 6.00%, 11/15/2028 | | | 94,091 | |
| | | | | 168,417 | | | 6.00%, 12/15/2028 | | | 191,597 | |
| | | | | 235,214 | | | 6.00%, 01/15/2029 | | | 267,136 | |
| | | | | 118,105 | | | 6.00%, 01/15/2029 | | | 135,091 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford U.S. Government Securities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 53.3% - (continued) | |
| | | | | | | FHLMC - 8.9% - (continued) | |
| | $ | | | | 48,505 | | | 6.00%, 02/15/2029 | | $ | 55,422 | |
| | | | | 34,659 | | | 6.00%, 02/15/2029 | | | 39,495 | |
| | | | | 91,678 | | | 6.00%, 03/15/2029 | | | 103,980 | |
| | | | | 56,292 | | | 6.00%, 05/15/2029 | | | 64,245 | |
| | | | | 15,009 | | | 6.00%, 06/15/2029 | | | 17,157 | |
| | | | | 3,872 | | | 6.00%, 03/15/2031 | | | 4,421 | |
| | | | | 147,955 | | | 6.00%, 04/15/2031 | | | 168,238 | |
| | | | | 16,967 | | | 6.00%, 04/15/2031 | | | 19,305 | |
| | | | | 79,283 | | | 6.00%, 10/15/2031 | | | 90,462 | |
| | | | | 93,062 | | | 6.00%, 12/01/2031 | | | 106,194 | |
| | | | | 592,647 | | | 6.00%, 12/15/2031(4) | | | 675,234 | |
| | | | | 734,679 | | | 6.00%, 12/15/2031 | | | 836,148 | |
| | | | | 30,117 | | | 6.00%, 05/15/2032 | | | 34,119 | |
| | | | | 1,683,157 | | | 6.00%, 06/15/2032 | | | 1,909,712 | |
| | | | | 41,839 | | | 6.00%, 09/15/2032 | | | 47,728 | |
| | | | | 1,362,542 | | | 6.00%, 09/15/2032 | | | 1,537,980 | |
| | | | | 127,328 | | | 6.00%, 10/15/2032 | | | 145,907 | |
| | | | | 1,019 | | | 6.00%, 11/01/2032 | | | 1,167 | |
| | | | | 93,859 | | | 6.00%, 11/15/2032 | | | 106,998 | |
| | | | | 16,603 | | | 6.00%, 04/01/2033 | | | 18,795 | |
| | | | | 30,673 | | | 6.00%, 09/01/2034 | | | 34,827 | |
| | | | | 23,449 | | | 6.50%, 02/01/2017 | | | 24,218 | |
| | | | | 11,878 | | | 6.50%, 04/01/2028 | | | 13,604 | |
| | | | | 528,962 | | | 6.50%, 08/15/2028 | | | 590,756 | |
| | | | | 1,501,056 | | | 6.50%, 05/15/2032 | | | 1,748,007 | |
| | | | | 175,652 | | | 6.50%, 08/01/2032 | | | 202,924 | |
| | | | | 28,773 | | | 6.50%, 09/01/2032 | | | 32,953 | |
| | | | | 379,022 | | | 6.50%, 09/01/2032 | | | 446,935 | |
| | | | | 29,607 | | | 7.00%, 10/01/2026 | | | 31,170 | |
| | | | | 3,670 | | | 7.00%, 03/01/2027 | | | 4,066 | |
| | | | | 4,004 | | | 7.00%, 03/01/2027 | | | 4,706 | |
| | | | | 4,805 | | | 7.00%, 12/01/2027 | | | 4,989 | |
| | | | | 1,632 | | | 7.00%, 02/01/2029 | | | 1,946 | |
| | | | | 1,267 | | | 7.00%, 05/01/2029 | | | 1,475 | |
| | | | | 2,194 | | | 7.00%, 09/01/2029 | | | 2,474 | |
| | | | | 844 | | | 7.00%, 02/01/2031 | | | 1,011 | |
| | | | | 139,060 | | | 7.00%, 04/01/2032 | | | 164,292 | |
| | | | | 64,569 | | | 7.00%, 05/01/2032 | | | 66,650 | |
| | | | | 94,757 | | | 7.00%, 06/01/2032 | | | 111,679 | |
| | | | | 151,569 | | | 7.00%, 11/01/2032 | | | 178,967 | |
| | | | | 5,105 | | | 7.50%, 05/01/2024 | | | 5,986 | |
| | | | | 896 | | | 7.50%, 06/01/2024 | | | 912 | |
| | | | | 2,269 | | | 7.50%, 06/01/2025 | | | 2,431 | |
| | | | | 514 | | | 8.00%, 08/01/2024 | | | 576 | |
| | | | | 758 | | | 8.00%, 08/01/2024 | | | 851 | |
| | | | | 265 | | | 8.00%, 08/01/2024 | | | 272 | |
| | | | | 5,015 | | | 8.00%, 08/01/2024 | | | 5,171 | |
| | | | | 6,085 | | | 8.00%, 09/01/2024 | | | 6,433 | |
| | | | | 235 | | | 8.00%, 10/01/2024 | | | 266 | |
| | | | | 950 | | | 8.00%, 10/01/2024 | | | 965 | |
| | | | | 8,644 | | | 8.00%, 10/01/2024 | | | 9,186 | |
| | | | | 571 | | | 8.50%, 10/01/2024 | | | 573 | |
| | | | | 6,093 | | | 10.00%, 11/01/2020 | | | 6,178 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 47,525,212 | |
| | | | | | | | | | | | |
| | | | | | | FNMA - 34.9% | | | |
| | | | | 8,232,875 | | | 1.49%, 03/01/2018 | | | 8,266,763 | |
| | | | | 3,545,000 | | | 2.22%, 10/01/2022 | | | 3,500,681 | |
| | | | | 1,809,645 | | | 2.25%, 10/01/2022 | | | 1,787,710 | |
| | | | | 6,376,023 | | | 2.25%, 10/01/2022 | | | 6,289,030 | |
| | | | | 3,570,000 | | | 2.31%, 10/01/2022 | | | 3,538,569 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 53.3% - (continued) | |
| | | | | | | FNMA - 34.9% - (continued) | | | |
| | $ | | | | 920,000 | | | 2.36%, 06/01/2019 | | $ | 940,465 | |
| | | | | 1,080,000 | | | 2.52%, 10/01/2022 | | | 1,085,284 | |
| | | | | 2,061,839 | | | 2.56%, 01/01/2019 | | | 2,123,176 | |
| | | | | 1,560,023 | | | 2.65%, 07/01/2019 | | | 1,605,964 | |
| | | | | 1,285,303 | | | 2.72%, 05/01/2021 | | | 1,318,937 | |
| | | | | 271,050 | | | 2.83%, 05/01/2021 | | | 280,163 | |
| | | | | 3,805,319 | | | 3.00%, 03/01/2043 | | | 3,810,415 | |
| | | | | 2,124,412 | | | 3.00%, 08/01/2043 | | | 2,125,283 | |
| | | | | 11,929,486 | | | 3.00%, 08/01/2043 | | | 11,934,394 | |
| | | | | 26,300,000 | | | 3.00%, 07/01/2045(3) | | | 26,201,888 | |
| | | | | 63,488 | | | 3.05%, 10/01/2020 | | | 66,348 | |
| | | | | 7,847,278 | | | 3.11%, 10/01/2021 | | | 8,200,264 | |
| | | | | 629,123 | | | 3.25%, 04/01/2021 | | | 663,366 | |
| | | | | 961,034 | | | 3.25%, 11/01/2021 | | | 1,007,666 | |
| | | | | 300,022 | | | 3.27%, 05/01/2021 | | | 316,637 | |
| | | | | 329,996 | | | 3.39%, 11/01/2020 | | | 349,372 | |
| | | | | 277,905 | | | 3.41%, 11/01/2020 | | | 294,467 | |
| | | | | 6,716,487 | | | 3.50%, 10/01/2020 | | | 7,145,256 | |
| | | | | 232,406 | | | 3.50%, 11/01/2020 | | | 247,264 | |
| | | | | 948,625 | | | 3.50%, 11/01/2021 | | | 1,008,238 | |
| | | | | 4,100,000 | | | 3.50%, 07/01/2030(3) | | | 4,324,026 | |
| | | | | 12,250,000 | | | 3.50%, 07/01/2045(3) | | | 12,624,200 | |
| | | | | 7,636,120 | | | 3.74%, 06/01/2018 | | | 8,088,333 | |
| | | | | 11,000,000 | | | 4.00%, 07/01/2045(3) | | | 11,654,284 | |
| | | | | 16,900,000 | | | 4.50%, 07/01/2045(3) | | | 18,270,485 | |
| | | | | 128,196 | | | 5.00%, 08/01/2018 | | | 134,198 | |
| | | | | 356,766 | | | 5.00%, 10/01/2018 | | | 373,468 | |
| | | | | 274,797 | | | 5.00%, 06/01/2025 | | | 301,119 | |
| | | | | 16,700,000 | | | 5.00%, 07/01/2045(3) | | | 18,448,281 | |
| | | | | 2 | | | 5.50%, 08/01/2015 | | | 2 | |
| | | | | 59,832 | | | 5.50%, 11/01/2016 | | | 60,948 | |
| | | | | 45,074 | | | 5.50%, 10/01/2017 | | | 46,796 | |
| | | | | 36,503 | | | 5.50%, 12/01/2017 | | | 37,914 | |
| | | | | 193,097 | | | 5.50%, 04/01/2018 | | | 201,155 | |
| | | | | 118,549 | | | 5.50%, 06/01/2018 | | | 122,874 | |
| | | | | 10,458 | | | 5.50%, 07/01/2018 | | | 10,990 | |
| | | | | 1,344,273 | | | 5.50%, 08/01/2019 | | | 1,432,648 | |
| | | | | 412,415 | | | 6.00%, 10/01/2023 | | | 467,568 | |
| | | | | 51,870 | | | 6.00%, 10/25/2028 | | | 58,913 | |
| | | | | 18,957 | | | 6.00%, 11/25/2028 | | | 21,591 | |
| | | | | 78,454 | | | 6.00%, 04/25/2029 | | | 89,169 | |
| | | | | 1,135 | | | 6.00%, 05/01/2029 | | | 1,302 | |
| | | | | 63,820 | | | 6.00%, 05/25/2029 | | | 72,475 | |
| | | | | 53,646 | | | 6.00%, 06/25/2029 | | | 60,994 | |
| | | | | 67,334 | | | 6.00%, 07/25/2029 | | | 76,568 | |
| | | | | 42,332 | | | 6.00%, 07/25/2029 | | | 48,149 | |
| | | | | 116,336 | | | 6.00%, 05/25/2031(4) | | | 132,402 | |
| | | | | 491,831 | | | 6.00%, 05/25/2031(4) | | | 562,736 | |
| | | | | 200,795 | | | 6.00%, 09/25/2031 | | | 230,045 | |
| | | | | 38,525 | | | 6.00%, 11/25/2031 | | | 43,837 | |
| | | | | 9,030 | | | 6.00%, 11/25/2031 | | | 10,295 | |
| | | | | 293,765 | | | 6.00%, 12/25/2031 | | | 333,404 | |
| | | | | 443,467 | | | 6.00%, 12/25/2031 | | | 500,703 | |
| | | | | 433,022 | | | 6.00%, 01/01/2032 | | | 496,026 | |
| | | | | 467 | | | 6.00%, 04/01/2032 | | | 531 | |
| | | | | 627 | | | 6.00%, 05/01/2032 | | | 716 | |
| | | | | 3,062 | | | 6.00%, 09/25/2032 | | | 3,351 | |
| | | | | 157,271 | | | 6.00%, 11/01/2032 | | | 178,466 | |
| | | | | 75,168 | | | 6.00%, 02/01/2033 | | | 85,992 | |
| | | | | 440,554 | | | 6.00%, 03/01/2033 | | | 504,233 | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford U.S. Government Securities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 53.3% - (continued) | |
| | | | | | | FNMA - 34.9% - (continued) | | | |
| | $ | | | | 1,024,902 | | | 6.00%, 05/01/2033 | | $ | 1,174,948 | |
| | | | | 411,245 | | | 6.00%, 05/01/2033 | | | 470,748 | |
| | | | | 19,883 | | | 6.00%, 08/01/2034 | | | 22,582 | |
| | | | | 276,975 | | | 6.00%, 01/01/2035 | | | 316,541 | |
| | | | | 4,917,297 | | | 6.00%, 02/01/2037 | | | 5,595,092 | |
| | | | | 61 | | | 6.50%, 04/01/2024 | | | 70 | |
| | | | | 241 | | | 6.50%, 04/01/2027 | | | 277 | |
| | | | | 19,646 | | | 6.50%, 04/01/2028 | | | 22,562 | |
| | | | | 338 | | | 6.50%, 05/01/2028 | | | 389 | |
| | | | | 8,295 | | | 6.50%, 10/01/2028 | | | 9,568 | |
| | | | | 4,367 | | | 6.50%, 10/01/2028 | | | 5,015 | |
| | | | | 132,676 | | | 6.50%, 11/01/2028 | | | 154,015 | |
| | | | | 84,462 | | | 6.50%, 11/01/2028 | | | 96,998 | |
| | | | | 26,319 | | | 6.50%, 11/01/2028 | | | 30,225 | |
| | | | | 124,574 | | | 6.50%, 12/01/2028 | | | 144,322 | |
| | | | | 629,596 | | | 6.50%, 06/25/2029(4) | | | 699,106 | |
| | | | | 438,410 | | | 6.50%, 08/01/2029 | | | 503,475 | |
| | | | | 27 | | | 6.50%, 09/01/2029 | | | 31 | |
| | | | | 996 | | | 6.50%, 11/01/2030 | | | 1,144 | |
| | | | | 8,945 | | | 6.50%, 05/01/2031 | | | 10,272 | |
| | | | | 325,520 | | | 6.50%, 10/25/2031 | | | 366,638 | |
| | | | | 268,025 | | | 6.50%, 08/01/2032 | | | 307,803 | |
| | | | | 1,685,978 | | | 6.50%, 08/01/2032 | | | 1,936,197 | |
| | | | | 72,318 | | | 6.50%, 09/01/2032 | | | 83,051 | |
| | | | | 92 | | | 7.00%, 10/01/2015 | | | 92 | |
| | | | | 677 | | | 7.00%, 03/01/2016 | | | 685 | |
| | | | | 323 | | | 7.00%, 04/01/2016 | | | 328 | |
| | | | | 210 | | | 7.00%, 08/01/2016 | | | 214 | |
| | | | | 28,880 | | | 7.00%, 06/01/2017 | | | 29,246 | |
| | | | | 431 | | | 7.00%, 06/01/2017 | | | 438 | |
| | | | | 1,250 | | | 7.00%, 11/01/2031 | | | 1,367 | |
| | | | | 400 | | | 7.00%, 12/01/2031 | | | 418 | |
| | | | | 246,654 | | | 7.00%, 02/01/2032 | | | 294,645 | |
| | | | | 81,893 | | | 7.00%, 02/01/2032 | | | 89,144 | |
| | | | | 13,900 | | | 7.50%, 06/01/2023 | | | 15,784 | |
| | | | | 3,094 | | | 8.00%, 10/01/2029 | | | 3,538 | |
| | | | | 11,486 | | | 8.00%, 03/01/2030 | | | 11,593 | |
| | | | | 251 | | | 8.00%, 03/01/2030 | | | 286 | |
| | | | | 10,049 | | | 8.00%, 04/01/2030 | | | 12,418 | |
| | | | | 80 | | | 8.00%, 04/01/2030 | | | 93 | |
| | | | | 37 | | | 8.00%, 06/01/2030 | | | 37 | |
| | | | | 26,065 | | | 8.00%, 10/01/2030 | | | 31,650 | |
| | | | | 29,165 | | | 8.00%, 12/01/2030 | | | 34,032 | |
| | | | | 765 | | | 8.50%, 04/01/2017 | | | 795 | |
| | | | | 308 | | | 9.00%, 08/01/2020 | | | 339 | |
| | | | | 775 | | | 9.00%, 09/01/2021 | | | 866 | |
| | | | | 23,144 | | | 9.00%, 09/01/2021 | | | 23,481 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 186,721,345 | |
| | | | | | | | | | | | |
| | | | | | | GNMA - 9.5% | | | |
| | | | | 13,700,000 | | | 3.50%, 07/01/2045(3) | | | 14,218,568 | |
| | | | | 25,900,000 | | | 4.00%, 07/01/2045(3) | | | 27,447,427 | |
| | | | | 1,503,730 | | | 5.00%, 01/20/2034 | | | 1,684,675 | |
| | | | | 1,709,054 | | | 5.50%, 09/20/2033 | | | 1,877,838 | |
| | | | | 744,985 | | | 6.00%, 01/15/2033 | | | 868,266 | |
| | | | | 183,095 | | | 6.00%, 02/15/2033 | | | 213,976 | |
| | | | | 318,328 | | | 6.00%, 02/15/2033 | | | 372,092 | |
| | | | | 64,912 | | | 6.50%, 12/15/2028 | | | 75,369 | |
| | | | | 47,203 | | | 6.50%, 05/15/2029 | | | 55,664 | |
| | | | | 726,743 | | | 6.50%, 05/16/2031 | | | 849,881 | |
| | | | | 62,389 | | | 6.50%, 09/15/2031 | | | 71,172 | |
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT AGENCIES - 53.3% - (continued) | |
| | | | | | | GNMA - 9.5% - (continued) | | | |
| | $ | | | | 273,117 | | | 6.50%, 10/15/2031 | | $ | 311,568 | |
| | | | | 305,748 | | | 6.50%, 11/15/2031 | | | 348,792 | |
| | | | | 43,115 | | | 6.50%, 11/15/2031 | | | 49,212 | |
| | | | | 110,068 | | | 6.50%, 11/15/2031 | | | 125,564 | |
| | | | | 199,981 | | | 6.50%, 01/15/2032 | | | 228,370 | |
| | | | | 217,475 | | | 6.50%, 01/15/2032 | | | 253,022 | |
| | | | | 23,074 | | | 7.00%, 06/20/2030 | | | 25,634 | |
| | | | | 23,956 | | | 7.00%, 05/15/2032 | | | 28,499 | |
| | | | | 49,714 | | | 7.00%, 07/15/2032 | | | 56,390 | |
| | | | | 91,833 | | | 7.00%, 09/15/2032 | | | 97,504 | |
| | | | | 39,307 | | | 7.00%, 09/15/2032 | | | 45,387 | |
| | | | | 806,093 | | | 7.00%, 10/15/2032 | | | 949,109 | |
| | | | | 2,633 | | | 7.50%, 04/15/2022 | | | 2,643 | |
| | | | | 4,670 | | | 7.50%, 01/15/2023 | | | 4,735 | |
| | | | | 331 | | | 7.50%, 05/15/2023 | | | 355 | |
| | | | | 752 | | | 7.50%, 05/15/2023 | | | 834 | |
| | | | | 6,986 | | | 7.50%, 06/15/2023 | | | 7,704 | |
| | | | | 848 | | | 7.50%, 07/15/2023 | | | 856 | |
| | | | | 1,122 | | | 7.50%, 07/15/2023 | | | 1,127 | |
| | | | | 997 | | | 7.50%, 08/15/2023 | | | 1,102 | |
| | | | | 1,295 | | | 7.50%, 08/15/2023 | | | 1,341 | |
| | | | | 3,929 | | | 7.50%, 08/15/2023 | | | 3,945 | |
| | | | | 199 | | | 7.50%, 08/15/2023 | | | 210 | |
| | | | | 11,055 | | | 7.50%, 08/15/2023 | | | 11,099 | |
| | | | | 2,580 | | | 7.50%, 08/15/2023 | | | 2,830 | |
| | | | | 8,175 | | | 7.50%, 09/15/2023 | | | 8,268 | |
| | | | | 5,687 | | | 7.50%, 10/15/2023 | | | 6,304 | |
| | | | | 10,667 | | | 7.50%, 10/15/2023 | | | 11,118 | |
| | | | | 23,775 | | | 7.50%, 11/15/2023 | | | 26,127 | |
| | | | | 4,086 | | | 7.50%, 11/15/2023 | | | 4,166 | |
| | | | | 327 | | | 7.50%, 11/15/2023 | | | 332 | |
| | | | | 2,409 | | | 7.50%, 12/15/2023 | | | 2,439 | |
| | | | | 8,189 | | | 7.50%, 12/15/2023 | | | 8,621 | |
| | | | | 10,991 | | | 7.50%, 02/15/2024 | | | 11,517 | |
| | | | | 3,278 | | | 7.50%, 04/15/2024 | | | 3,352 | |
| | | | | 238 | | | 7.50%, 05/15/2024 | | | 263 | |
| | | | | 3,794 | | | 7.50%, 05/15/2024 | | | 3,861 | |
| | | | | 109,134 | | | 7.50%, 07/15/2027 | | | 125,024 | |
| | | | | 67,252 | | | 7.50%, 04/20/2030 | | | 82,784 | |
| | | | | 136 | | | 8.50%, 09/15/2019 | | | 137 | |
| | | | | 10,734 | | | 8.50%, 09/15/2024 | | | 12,234 | |
| | | | | 1,322 | | | 8.50%, 06/15/2029 | | | 1,421 | |
| | | | | 206 | | | 8.50%, 09/15/2029 | | | 208 | |
| | | | | 6,743 | | | 8.50%, 10/15/2029 | | | 7,367 | |
| | | | | 2,951 | | | 8.50%, 01/15/2030 | | | 3,438 | |
| | | | | 9,088 | | | 8.50%, 02/15/2030 | | | 9,230 | |
| | | | | 1,003 | | | 8.50%, 03/15/2030 | | | 1,095 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 50,622,066 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total U.S. Government Agencies (cost $281,176,433) | | $ | 284,868,623 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| U.S. GOVERNMENT SECURITIES - 34.2% | |
| | | | | | | Other Direct Federal Obligations - 23.0% | |
| | | | | | | FHLB - 23.0% | | | |
| | $ | | | | 16,335,000 | | | 1.75%, 12/14/2018 | | $ | 16,615,815 | |
| | | | | 4,825,000 | | | 1.88%, 08/01/2019 | | | 4,827,268 | |
| | | | | 20,665,000 | | | 4.13%, 03/13/2020 | | | 22,943,233 | |
| | | | | 26,000,000 | | | 5.25%, 12/09/2022 | | | 30,864,626 | |
| | | | | 45,500,000 | | | 5.38%, 05/18/2016 | | | 47,497,268 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 122,748,210 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford U.S. Government Securities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| U.S. GOVERNMENT SECURITIES - 34.2% - (continued) | |
| | | | | | | U.S. Treasury Securities - 11.2% | | | |
| | | | | | | U.S. Treasury Notes - 11.2% | | | |
| | $ | | | | 5,700,000 | | | 1.38%, 04/30/2020 | | $ | 5,637,654 | |
| | | | | 53,585,000 | | | 1.50%, 01/31/2019 | | | 54,074,821 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 59,712,475 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total U.S. Government Securities (cost $178,810,068) | | $ | 182,460,685 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Long-Term Investments (cost $562,380,959) | | $ | 570,535,769 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | | |
| SHORT-TERM INVESTMENTS - 18.1% | |
| | | | | | | Other Investment Pools & Funds - 18.1% | |
| | | | | 96,700,726 | | | Fidelity Money Market Class 1 | | $ | 96,700,726 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | Total Short-Term Investments
(cost $96,700,726) | | $ | 96,700,726 | |
| | | | | | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $659,081,685)^ | | | 124.9 | % | | $ | 667,236,495 | |
| | Other Assets and Liabilities | | | (24.9 | )% | | | (133,217,819 | ) |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 534,018,676 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
|
| Hartford U.S. Government Securities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | The Fund may refer to any one or more of the industry classifications used by one or more widely recognized market indices, ratings group indices and/or as defined by Fund management. Industry classifications may not be identical across all security types. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $659,142,231 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 8,947,124 | |
Unrealized Depreciation | | | (852,860 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 8,094,264 | |
| | | | |
| (1) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, these holdings are determined to be liquid. At June 30, 2015, the aggregate value of these securities were $73,759,258, which represents 13.8% of total net assets. |
| (2) | Variable rate securities; the rate reported is the coupon rate in effect at June 30, 2015. |
| (3) | Represents or includes a TBA transaction. |
| (4) | Z-Tranche securities pay no principal or interest during their initial accrual period, but accrue additional principal at a specified coupon rate. |
| | | | | | | | | | | | | | | | | | | | |
| Futures Contracts Outstanding at June 30, 2015 | |
Description | | Number of
Contracts | | | Expiration
Date | | | Notional
Amount | | | Market
Value† | | | Unrealized
Appreciation/
(Depreciation) | |
Long position contracts: | | | | | | | | | | | | | | | | | | | | |
U.S. Treasury 10-Year Note Future | | | 333 | | | | 09/21/2015 | | | $ | 42,296,020 | | | $ | 42,015,234 | | | $ | (280,786 | ) |
U.S. Treasury 2-Year Note Future | | | 120 | | | | 09/30/2015 | | | | 26,221,181 | | | | 26,272,500 | | | | 51,319 | |
U.S. Treasury 5-Year Note Future | | | 147 | | | | 09/30/2015 | | | | 17,461,121 | | | | 17,530,899 | | | | 69,778 | |
U.S. Treasury Long Bond Future | | | 5 | | | | 09/21/2015 | | | | 753,349 | | | | 754,219 | | | | 870 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | | | | | | | | | | | | | | | | $ | (158,819 | ) |
| | | | | | | | | | | | | | | | | | | | |
Total futures contracts | | | | | | | | | | | | | | | | | | $ | (158,819 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
| TBA Sale Commitments Outstanding at June 30, 2015 | |
Description | | Principal
Amount | | | Maturity
Date | | | Market Value† | | | Unrealized
Appreciation/
(Depreciation) | |
FHLMC, 5.50% | | $ | 5,800,000 | | | | 07/01/2045 | | | $ | 6,500,078 | | | $ | 35,797 | |
GNMA, 3.00% | | | 26,300,000 | | | | 07/01/2045 | | | | 26,548,617 | | | | (149,992 | ) |
| | | | | | | | | | | | | | | | |
Total | | | | | | | | | | $ | 33,048,695 | | | $ | (114,195 | ) |
| | | | | | | | | | | | | | | | |
| | At June 30, 2015, the aggregate market value of these securities represents (6.2)% of total net assets. |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
CLO | | Collateralized Loan Obligation |
CMO | | Collateralized Mortgage Obligation |
FHLB | | Federal Home Loan Bank |
FHLMC | | Federal Home Loan Mortgage Corp. |
FNMA | | Federal National Mortgage Association |
GNMA | | Government National Mortgage Association |
TBA | | To Be Announced |
The accompanying notes are an integral part of these financial statements.
|
| Hartford U.S. Government Securities HLS Fund |
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | | | | | | | | | | | | | | | | |
Asset & Commercial Mortgage Backed Securities | | $ | 100,185,429 | | | $ | — | | | $ | 100,185,429 | | | $ | — | |
Municipal Bonds | | | 3,021,032 | | | | — | | | | 3,021,032 | | | | — | |
U.S. Government Agencies | | | 284,868,623 | | | | — | | | | 284,868,623 | | | | — | |
U.S. Government Securities | | | 182,460,685 | | | | — | | | | 182,460,685 | | | | — | |
Short-Term Investments | | | 96,700,726 | | | | 96,700,726 | | | | — | | | | — | |
Futures Contracts(2) | | | 121,967 | | | | 121,967 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 667,358,462 | | | $ | 96,822,693 | | | $ | 570,535,769 | | | $ | — | |
| | | | | | | | | | | | | | | | |
Liabilities | | | | | | | | | | | | | | | | |
Futures Contracts(2) | | $ | (280,786 | ) | | $ | (280,786 | ) | | $ | — | | | $ | — | |
TBA Sale Commitments | | | (33,048,695 | ) | | | — | | | | (33,048,695 | ) | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | (33,329,481 | ) | | $ | (280,786 | ) | | $ | (33,048,695 | ) | | $ | — | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
| (2) | Derivative instruments (excluding purchased and written options, if applicable) are valued at the unrealized appreciation/depreciation on the investments. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Asset & Commercial
Mortgage Backed
Securities | | | Total | |
Beginning balance | | $ | 15,253,099 | | | $ | 15,253,099 | |
Purchases | | | — | | | | — | |
Sales | | | (1,429,940 | ) | | | (1,429,940 | ) |
Accrued discounts/(premiums) | | | — | | | | — | |
Total realized gain/(loss) | | | 9,940 | | | | 9,940 | |
Net change in unrealized appreciation/depreciation | | | — | | | | — | |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | (13,833,099 | ) | | | (13,833,099 | ) |
| | | | | | | | |
Ending balance | | $ | — | | | $ | — | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $0.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.4% | |
| | | | Banks - 14.2% | | | |
| | 270,295 | | | Citigroup, Inc. | | $ | 14,931,096 | |
| | 343,712 | | | JP Morgan Chase & Co. | | | 23,289,925 | |
| | 57,380 | | | M&T Bank Corp. | | | 7,168,483 | |
| | 137,650 | | | PNC Financial Services Group, Inc. | | | 13,166,223 | |
| | 430,575 | | | Wells Fargo & Co. | | | 24,215,538 | |
| | | | | | | | |
| | | | | | | 82,771,265 | |
| | | | | | | | |
| | | | Capital Goods - 10.2% | | | |
| | 40,645 | | | 3M Co. | | | 6,271,523 | |
| | 142,435 | | | Eaton Corp. plc | | | 9,612,938 | |
| | 167,700 | | | Fortune Brands Home & Security, Inc. | | | 7,684,014 | |
| | 388,530 | | | General Electric Co. | | | 10,323,242 | |
| | 56,330 | | | Illinois Tool Works, Inc. | | | 5,170,531 | |
| | 87,285 | | | Ingersoll-Rand plc | | | 5,884,755 | |
| | 98,620 | | | Spirit Aerosystems Holdings, Inc. Class A* | | | 5,434,948 | |
| | 83,920 | | | United Technologies Corp. | | | 9,309,246 | |
| | | | | | | | |
| | | | | | | 59,691,197 | |
| | | | | | | | |
| | | | Commercial & Professional Services - 1.1% | | | |
| | 140,900 | | | Nielsen N.V. | | | 6,308,093 | |
| | | | | | | | |
| | | | Consumer Durables & Apparel - 3.0% | | | |
| | 139,080 | | | Newell Rubbermaid, Inc. | | | 5,717,579 | |
| | 286,515 | | | PulteGroup, Inc. | | | 5,773,277 | |
| | 53,265 | | | PVH Corp. | | | 6,136,128 | |
| | | | | | | | |
| | | | | | | 17,626,984 | |
| | | | | | | | |
| | | | Consumer Services - 2.0% | | | |
| | 218,820 | | | Hilton Worldwide Holdings, Inc.* | | | 6,028,491 | |
| | 102,490 | | | Norwegian Cruise Line Holdings Ltd.* | | | 5,743,540 | |
| | | | | | | | |
| | | | | | | 11,772,031 | |
| | | | | | | | |
| | | | Diversified Financials - 6.4% | | | |
| | 62,730 | | | Ameriprise Financial, Inc. | | | 7,836,859 | |
| | 27,075 | | | BlackRock, Inc. | | | 9,367,408 | |
| | 35,000 | | | Goldman Sachs Group, Inc. | | | 7,307,650 | |
| | 34,195 | | | Intercontinental Exchange, Inc. | | | 7,646,344 | |
| | 144,400 | | | Invesco Ltd. | | | 5,413,556 | |
| | 230,200 | | | Solar Cayman Ltd.*(1)(2)(3) | | | 16,114 | |
| | | | | | | | |
| | | | | | | 37,587,931 | |
| | | | | | | | |
| | | | Energy - 10.7% | | | |
| | 59,935 | | | Anadarko Petroleum Corp. | | | 4,678,526 | |
| | 118,735 | | | Chevron Corp. | | | 11,454,365 | |
| | 84,230 | | | EOG Resources, Inc. | | | 7,374,336 | |
| | 109,565 | | | Exxon Mobil Corp. | | | 9,115,808 | |
| | 180,695 | | | Halliburton Co. | | | 7,782,534 | |
| | 317,840 | | | Marathon Oil Corp. | | | 8,435,473 | |
| | 61,710 | | | Occidental Petroleum Corp. | | | 4,799,187 | |
| | 32,340 | | | Pioneer Natural Resources Co. | | | 4,485,235 | |
| | 186,560 | | | Southwestern Energy Co.* | | | 4,240,509 | |
| | | | | | | | |
| | | | | | | 62,365,973 | |
| | | | | | | | |
| | | | Food & Staples Retailing - 1.3% | | | |
| | 70,620 | | | CVS Health Corp. | | | 7,406,626 | |
| | | | | | | | |
| | | | Food, Beverage & Tobacco - 3.7% | | | |
| | 53,640 | | | Anheuser-Busch InBev N.V. ADR | | | 6,472,739 | |
| | 87,840 | | | British American Tobacco plc | | | 4,729,525 | |
| | 28,555 | | | Diageo plc ADR | | | 3,313,522 | |
| | 82,983 | | | Kraft Foods Group, Inc. | | | 7,065,173 | |
| | | | | | | | |
| | | | | | | 21,580,959 | |
| | | | | | | | |
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.4% - (continued) | |
| | | | Health Care Equipment & Services - 3.8% | | | |
| | 73,920 | | | Baxter International, Inc. | | $ | 5,169,226 | |
| | 122,716 | | | Medtronic plc | | | 9,093,255 | |
| | 66,305 | | | UnitedHealth Group, Inc. | | | 8,089,210 | |
| | | | | | | | |
| | | | | | | 22,351,691 | |
| | | | | | | | |
| | | | Insurance - 6.3% | | | |
| | 78,840 | | | ACE Ltd. | | | 8,016,451 | |
| | 102,845 | | | American International Group, Inc. | | | 6,357,878 | |
| | 111,360 | | | Marsh & McLennan Cos., Inc. | | | 6,314,112 | |
| | 146,790 | | | MetLife, Inc. | | | 8,218,772 | |
| | 89,875 | | | Principal Financial Group, Inc. | | | 4,609,689 | |
| | 95,355 | | | Unum Group | | | 3,408,941 | |
| | | | | | | | |
| | | | | | | 36,925,843 | |
| | | | | | | | |
| | | | Materials - 3.9% | | | |
| | 110,700 | | | Axalta Coating Systems Ltd.* | | | 3,661,956 | |
| | 142,900 | | | Dow Chemical Co. | | | 7,312,193 | |
| | 103,795 | | | International Paper Co. | | | 4,939,604 | |
| | 60,085 | | | Nucor Corp. | | | 2,647,946 | |
| | 213,205 | | | Steel Dynamics, Inc. | | | 4,416,542 | |
| | | | | | | | |
| | | | | | | 22,978,241 | |
| | | | | | | | |
| | | | Media - 3.2% | | | |
| | 103,370 | | | CBS Corp. Class B | | | 5,737,035 | |
| | 124,105 | | | Comcast Corp. Class A | | | 7,463,674 | |
| | 136,910 | | | Thomson Reuters Corp. | | | 5,212,164 | |
| | | | | | | | |
| | | | | | | 18,412,873 | |
| | | | | | | | |
| | | | Pharmaceuticals, Biotechnology & Life Sciences - 9.1% | |
| | 37,840 | | | Amgen, Inc. | | | 5,809,197 | |
| | 94,715 | | | AstraZeneca plc ADR | | | 6,034,293 | |
| | 129,960 | | | Bristol-Myers Squibb Co. | | | 8,647,538 | |
| | 45,620 | | | Gilead Sciences, Inc. | | | 5,341,189 | |
| | 261,800 | | | Merck & Co., Inc. | | | 14,904,274 | |
| | 146,794 | | | Pfizer, Inc. | | | 4,922,003 | |
| | 27,311 | | | Roche Holding AG | | | 7,657,770 | |
| | | | | | | | |
| | | | | | | 53,316,264 | |
| | | | | | | | |
| | | | Real Estate - 0.3% | | | |
| | 88,510 | | | Paramount Group, Inc. REIT | | | 1,518,832 | |
| | | | | | | | |
| | | | Retailing - 4.1% | | | |
| | 81,100 | | | Dollar General Corp. | | | 6,304,714 | |
| | 66,770 | | | Home Depot, Inc. | | | 7,420,150 | |
| | 85,400 | | | Lowe’s Cos., Inc. | | | 5,719,238 | |
| | 63,110 | | | Nordstrom, Inc. | | | 4,701,695 | |
| | | | | | | | |
| | | | | | | 24,145,797 | |
| | | | | | | | |
| | | | Semiconductors & Semiconductor Equipment - 5.5% | |
| | 89,850 | | | Analog Devices, Inc. | | | 5,767,022 | |
| | 358,420 | | | Intel Corp. | | | 10,901,344 | |
| | 461,470 | | | Marvell Technology Group Ltd. | | | 6,084,482 | |
| | 264,905 | | | Maxim Integrated Products, Inc. | | | 9,159,091 | |
| | | | | | | | |
| | | | | | | 31,911,939 | |
| | | | | | | | |
| | | | Software & Services - 2.7% | | | |
| | 180,355 | | | Microsoft Corp. | | | 7,962,673 | |
| | 323,775 | | | Symantec Corp. | | | 7,527,769 | |
| | | | | | | | |
| | | | | | | 15,490,442 | |
| | | | | | | | |
| | | | Technology Hardware & Equipment - 3.2% | | | |
| | 687,030 | | | Cisco Systems, Inc. | | | 18,865,844 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Shares or Principal Amount | | Market Value† | |
| COMMON STOCKS - 99.4% - (continued) | |
| | | | Telecommunication Services - 1.5% | | | |
| | 188,000 | | | Verizon Communications, Inc. | | $ | 8,762,680 | |
| | | | | | | | |
| | | | Transportation - 0.8% | | | |
| | 49,900 | | | Union Pacific Corp. | | | 4,758,963 | |
| | | | | | | | |
| | | | Utilities - 2.4% | | | |
| | 85,010 | | | Edison International | | | 4,724,856 | |
| | 142,455 | | | Eversource Energy | | | 6,468,881 | |
| | 31,135 | | | NextEra Energy, Inc. | | | 3,052,164 | |
| | | | | | | | |
| | | | | | | 14,245,901 | |
| | | | | | | | |
| | |
| | | | Total Common Stocks
(cost $424,751,235) | | $ | 580,796,369 | |
| | | | | | | | |
| | |
| | | | Total Long-Term Investments
(cost $424,751,235) | | $ | 580,796,369 | |
| | | | | | | | |
|
| SHORT-TERM INVESTMENTS - 0.5% | |
| | | | Other Investment Pools & Funds - 0.5% | | | |
| | 2,708,013 | | | BlackRock Liquidity Funds TempFund Portfolio | | $ | 2,708,013 | |
| | | | | | | | |
| | |
| | | | Total Short-Term Investments
(cost $2,708,013) | | $ | 2,708,013 | |
| | | | | | | | |
| | | | | | | | | | |
| | | |
| | Total Investments
(cost $427,459,248)^ | | | 99.9 | % | | $ | 583,504,382 | |
| | Other Assets and Liabilities | | | 0.1 | % | | | 802,943 | |
| | | | | | | | | | |
| | Total Net Assets | | | 100.0 | % | | $ | 584,307,325 | |
| | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
| Note: | Percentage of investments as shown is the ratio of the total market value to total net assets. |
| | Prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by the Board of Directors in order to reflect an adjustment for factors occurring after the close of certain foreign markets but before the close of the New York Stock Exchange. |
| | Equity industry classifications used in this report are the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI, Inc. and Standard & Poor’s. |
| | For Fund compliance purposes, the Fund may not use the same classification system shown in this report as these classifications are used for reporting ease. |
| ^ | At June 30, 2015, the cost of securities for federal income tax purposes was $431,020,963 and the aggregate gross unrealized appreciation and depreciation based on that cost were: |
| | | | |
Unrealized Appreciation | | $ | 160,302,967 | |
Unrealized Depreciation | | | (7,819,548 | ) |
| | | | |
Net Unrealized Appreciation | | $ | 152,483,419 | |
| | | | |
| (1) | The following security is considered illiquid. Illiquid securities are often purchased in private placement transactions, are often not registered under the Securities Act of 1933, as amended, 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 | |
| 03/2007 | | 230,200 | | Solar Cayman Ltd. | | $ | 67,468 | |
| | At June 30, 2015, the aggregate value of these securities were $16,114, which represents 0.0% of total net assets. |
| (2) | This security is valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Board of Directors. At June 30, 2015, the aggregate fair value of this security was $16,114, which represents 0.0% of total net assets. This amount excludes securities that are principally traded in certain foreign markets and whose prices are adjusted pursuant to a third party pricing service methodology approved by the Board of Directors. |
| (3) | Securities issued within terms of a private placement memorandum, exempt from registration under Rule 144A under the Securities Act of 1933, as amended, and may be sold only to qualified institutional buyers. Unless otherwise indicated, this holding is determined to be liquid. At June 30, 2015, the aggregate value of this security was $16,114, which represents 0.0% of total net assets. |
| † | See Significant Accounting Policies of accompanying Notes to Financial Statements regarding valuation of securities. |
| | |
| GLOSSARY: (abbreviations used in preceding Schedule of Investments) |
|
| Other Abbreviations: |
ADR | | American Depositary Receipt |
REIT | | Real Estate Investment Trust |
The accompanying notes are an integral part of these financial statements.
Schedule of Investments – (continued)
June 30, 2015 (Unaudited)
Fair Valuation Summary
The following is a summary of the fair valuations according to the inputs used as of June 30, 2015 in valuing the Fund’s investments.
| | | | | | | | | | | | | | | | |
| | | Total | | | Level 1(1) | | | Level 2(1) | | | Level 3 | |
Assets | |
Common Stocks | | | | | | | | | | | | | | | | |
Banks | | $ | 82,771,265 | | | $ | 82,771,265 | | | $ | — | | | $ | — | |
Capital Goods | | | 59,691,197 | | | | 59,691,197 | | | | — | | | | — | |
Commercial & Professional Services | | | 6,308,093 | | | | 6,308,093 | | | | — | | | | — | |
Consumer Durables & Apparel | | | 17,626,984 | | | | 17,626,984 | | | | — | | | | — | |
Consumer Services | | | 11,772,031 | | | | 11,772,031 | | | | — | | | | — | |
Diversified Financials | | | 37,587,931 | | | | 37,571,817 | | | | — | | | | 16,114 | |
Energy | | | 62,365,973 | | | | 62,365,973 | | | | — | | | | — | |
Food & Staples Retailing | | | 7,406,626 | | | | 7,406,626 | | | | — | | | | — | |
Food, Beverage & Tobacco | | | 21,580,959 | | | | 16,851,434 | | | | 4,729,525 | | | | — | |
Health Care Equipment & Services | | | 22,351,691 | | | | 22,351,691 | | | | — | | | | — | |
Insurance | | | 36,925,843 | | | | 36,925,843 | | | | — | | | | — | |
Materials | | | 22,978,241 | | | | 22,978,241 | | | | — | | | | — | |
Media | | | 18,412,873 | | | | 18,412,873 | | | | — | | | | — | |
Pharmaceuticals, Biotechnology & Life Sciences | | | 53,316,264 | | | | 45,658,494 | | | | 7,657,770 | | | | — | |
Real Estate | | | 1,518,832 | | | | 1,518,832 | | | | — | | | | — | |
Retailing | | | 24,145,797 | | | | 24,145,797 | | | | — | | | | — | |
Semiconductors & Semiconductor Equipment | | | 31,911,939 | | | | 31,911,939 | | | | — | | | | — | |
Software & Services | | | 15,490,442 | | | | 15,490,442 | | | | — | | | | — | |
Technology Hardware & Equipment | | | 18,865,844 | | | | 18,865,844 | | | | — | | | | — | |
Telecommunication Services | | | 8,762,680 | | | | 8,762,680 | | | | — | | | | — | |
Transportation | | | 4,758,963 | | | | 4,758,963 | | | | — | | | | — | |
Utilities | | | 14,245,901 | | | | 14,245,901 | | | | — | | | | — | |
Short-Term Investments | | | 2,708,013 | | | | 2,708,013 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | |
Total | | $ | 583,504,382 | | | $ | 571,100,973 | | | $ | 12,387,295 | | | $ | 16,114 | |
| | | | | | | | | | | | | | | | |
| (1) | For the six-month period ended June 30, 2015, there were no transfers between Level 1 and Level 2. |
The following is a rollforward of the Fund’s investments that were valued using unobservable inputs (Level 3) for the six-month period ended June 30, 2015:
| | | | | | | | |
| | | Common Stocks | | | Total | |
Beginning balance | | $ | 16,114 | | | $ | 16,114 | |
Purchases | | | — | | | | — | |
Sales | | | — | | | | — | |
Accrued discounts/(premiums) | | | — | | | | — | |
Total realized gain/(loss) | | | — | | | | — | |
Net change in unrealized appreciation/depreciation | | | — | | | | — | |
Transfers into Level 3(1) | | | — | | | | — | |
Transfers out of Level 3(1) | | | — | | | | — | |
| | | | | | | | |
Ending balance | | $ | 16,114 | | | $ | 16,114 | |
The change in net unrealized appreciation/depreciation relating to the Level 3 investments held at June 30, 2015 was $0.
| (1) | Investments are transferred into and out of Level 3 for a variety of reasons including, but not limited to: |
| | a) | Investments where trading has been halted (transfer into Level 3) or investments where trading has resumed (transfer out of Level 3). |
| | b) | Broker quoted investments (transfer into Level 3) or quoted prices in active markets (transfer out of Level 3). |
| | c) | Investments that have certain restrictions on trading (transfer into level 3) or investments where trading restrictions have expired (transfer out of Level 3). |
| Note: | For purposes of reporting transfers between different hierarchy levels, both transfers in and out of each level, as applicable, are shown as if they occurred at the beginning of the period. |
The accompanying notes are an integral part of these financial statements.
Expense Example (Unaudited)
Your Fund’s Expenses
As a shareholder of a Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including investment management fees, distribution and/or service (12b-1) fees, if any, and other fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in a Fund and to compare these costs with the ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period of January 1, 2015 through June 30, 2015.
Actual Expenses
The first set of columns of the table below provides information about actual account values and actual expenses. You may use the information in this row, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the line under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.
Hypothetical Example for Comparison Purposes
The second set of columns of the table below provides information about hypothetical account values and hypothetical expenses based on a Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in a Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads) or fees which may be applied at the variable life insurance, variable annuity, or qualified retirement plan product level. Therefore, the second set of columns of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would be higher. Expenses are equal to the Fund’s annualized expense ratios multiplied by average account value over the period, multiplied by 181/365 (to reflect the one-half year period).
Hartford Balanced HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,012.20 | | | $ | 3.14 | | | $ | 1,000.00 | | | $ | 1,021.67 | | | $ | 3.16 | | | | 0.63 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,010.90 | | | $ | 4.39 | | | $ | 1,000.00 | | | $ | 1,020.43 | | | $ | 4.41 | | | | 0.88 | % | | | 181 | | | | 365 | |
Hartford Capital Appreciation HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,041.30 | | | $ | 3.39 | | | $ | 1,000.00 | | | $ | 1,021.47 | | | $ | 3.36 | | | | 0.67 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,040.00 | | | $ | 4.65 | | | $ | 1,000.00 | | | $ | 1,020.23 | | | $ | 4.61 | | | | 0.92 | % | | | 181 | | | | 365 | |
Class IC | | $ | 1,000.00 | | | $ | 1,038.70 | | | $ | 5.91 | | | $ | 1,000.00 | | | $ | 1,018.99 | | | $ | 5.86 | | | | 1.17 | % | | | 181 | | | | 365 | |
Expense Example (Unaudited) – (continued)
Hartford Disciplined Equity HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,046.70 | | | $ | 3.86 | | | $ | 1,000.00 | | | $ | 1,021.03 | | | $ | 3.81 | | | | 0.76 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,046.00 | | | $ | 5.12 | | | $ | 1,000.00 | | | $ | 1,019.79 | | | $ | 5.06 | | | | 1.01 | % | | | 181 | | | | 365 | |
Hartford Dividend and Growth HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 999.60 | | | $ | 3.32 | | | $ | 1,000.00 | | | $ | 1,021.47 | | | $ | 3.36 | | | | 0.67 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 998.50 | | | $ | 4.56 | | | $ | 1,000.00 | | | $ | 1,020.23 | | | $ | 4.61 | | | | 0.92 | % | | | 181 | | | | 365 | |
Hartford Global Growth HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,072.50 | | | $ | 4.16 | | | $ | 1,000.00 | | | $ | 1,020.78 | | | $ | 4.06 | | | | 0.81 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,070.90 | | | $ | 5.44 | | | $ | 1,000.00 | | | $ | 1,019.54 | | | $ | 5.31 | | | | 1.06 | % | | | 181 | | | | 365 | |
Hartford Growth Opportunities HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,107.00 | | | $ | 3.34 | | | $ | 1,000.00 | | | $ | 1,021.62 | | | $ | 3.21 | | | | 0.64 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,105.70 | | | $ | 4.65 | | | $ | 1,000.00 | | | $ | 1,020.38 | | | $ | 4.46 | | | | 0.89 | % | | | 181 | | | | 365 | |
Class IC | | $ | 1,000.00 | | | $ | 1,104.30 | | | $ | 6.00 | | | $ | 1,000.00 | | | $ | 1,019.09 | | | $ | 5.76 | | | | 1.15 | % | | | 181 | | | | 365 | |
Expense Example (Unaudited) – (continued)
Hartford Healthcare HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,153.90 | | | $ | 4.59 | | | $ | 1,000.00 | | | $ | 1,020.53 | | | $ | 4.31 | | | | 0.86 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,152.60 | | | $ | 5.92 | | | $ | 1,000.00 | | | $ | 1,019.29 | | | $ | 5.56 | | | | 1.11 | % | | | 181 | | | | 365 | |
Hartford High Yield HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,023.70 | | | $ | 3.81 | | | $ | 1,000.00 | | | $ | 1,021.03 | | | $ | 3.81 | | | | 0.76 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,022.80 | | | $ | 5.07 | | | $ | 1,000.00 | | | $ | 1,019.79 | | | $ | 5.06 | | | | 1.01 | % | | | 181 | | | | 365 | |
Hartford International Opportunities HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,069.40 | | | $ | 3.75 | | | $ | 1,000.00 | | | $ | 1,021.18 | | | $ | 3.66 | | | | 0.73 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,067.90 | | | $ | 5.02 | | | $ | 1,000.00 | | | $ | 1,019.94 | | | $ | 4.91 | | | | 0.98 | % | | | 181 | | | | 365 | |
Hartford MidCap HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,056.10 | | | $ | 3.52 | | | $ | 1,000.00 | | | $ | 1,021.37 | | | $ | 3.46 | | | | 0.69 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,054.60 | | | $ | 4.79 | | | $ | 1,000.00 | | | $ | 1,020.13 | | | $ | 4.71 | | | | 0.94 | % | | | 181 | | | | 365 | |
Expense Example (Unaudited) – (continued)
Hartford MidCap Value HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,048.60 | | | $ | 4.27 | | | $ | 1,000.00 | | | $ | 1,020.63 | | | $ | 4.21 | | | | 0.84 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,048.30 | | | $ | 5.54 | | | $ | 1,000.00 | | | $ | 1,019.39 | | | $ | 5.46 | | | | 1.09 | % | | | 181 | | | | 365 | |
Hartford Small Company HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,056.20 | | | $ | 3.62 | | | $ | 1,000.00 | | | $ | 1,021.27 | | | $ | 3.56 | | | | 0.71 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,054.90 | | | $ | 4.89 | | | $ | 1,000.00 | | | $ | 1,020.03 | | | $ | 4.81 | | | | 0.96 | % | | | 181 | | | | 365 | |
Hartford Small/Mid Cap Equity HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,035.90 | | | $ | 4.34 | | | $ | 1,000.00 | | | $ | 1,020.53 | | | $ | 4.31 | | | | 0.86 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,035.10 | | | $ | 5.60 | | | $ | 1,000.00 | | | $ | 1,019.29 | | | $ | 5.56 | | | | 1.11 | % | | | 181 | | | | 365 | |
Hartford SmallCap Growth HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,080.90 | | | $ | 3.35 | | | $ | 1,000.00 | | | $ | 1,021.57 | | | $ | 3.26 | | | | 0.65 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,079.40 | | | $ | 4.64 | | | $ | 1,000.00 | | | $ | 1,020.33 | | | $ | 4.51 | | | | 0.90 | % | | | 181 | | | | 365 | |
Expense Example (Unaudited) – (continued)
Hartford Stock HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 992.30 | | | $ | 2.52 | | | $ | 1,000.00 | | | $ | 1,022.27 | | | $ | 2.56 | | | | 0.51 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 990.90 | | | $ | 3.75 | | | $ | 1,000.00 | | | $ | 1,021.03 | | | $ | 3.81 | | | | 0.76 | % | | | 181 | | | | 365 | |
Hartford Total Return Bond HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 997.40 | | | $ | 2.53 | | | $ | 1,000.00 | | | $ | 1,022.27 | | | $ | 2.56 | | | | 0.51 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 996.50 | | | $ | 3.76 | | | $ | 1,000.00 | | | $ | 1,021.03 | | | $ | 3.81 | | | | 0.76 | % | | | 181 | | | | 365 | |
Hartford Ultrashort Bond HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,002.00 | | | $ | 2.13 | | | $ | 1,000.00 | | | $ | 1,022.66 | | | $ | 2.16 | | | | 0.43 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,001.00 | | | $ | 3.37 | | | $ | 1,000.00 | | | $ | 1,021.42 | | | $ | 3.41 | | | | 0.68 | % | | | 181 | | | | 365 | |
Hartford U.S. Government Securities HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,010.60 | | | $ | 2.44 | | | $ | 1,000.00 | | | $ | 1,022.37 | | | $ | 2.46 | | | | 0.49 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,009.70 | | | $ | 3.69 | | | $ | 1,000.00 | | | $ | 1,021.13 | | | $ | 3.71 | | | | 0.74 | % | | | 181 | | | | 365 | |
Expense Example (Unaudited) – (continued)
Hartford Value HLS Fund
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Actual Return | | | Hypothetical (5% return before expenses) | | | | | | | | | | |
| | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015 through June 30, 2015 | | | Beginning
Account Value
January 1, 2015 | | | Ending
Account Value
June 30, 2015 | | | Expenses paid
during the period
January 1, 2015
through June 30, 2015 | | | Annualized
expense ratio | | | Days in the current 1/2 year | | | Days in the full year | |
Class IA | | $ | 1,000.00 | | | $ | 1,010.10 | | | $ | 3.84 | | | $ | 1,000.00 | | | $ | 1,020.98 | | | $ | 3.86 | | | | 0.77 | % | | | 181 | | | | 365 | |
Class IB | | $ | 1,000.00 | | | $ | 1,008.30 | | | $ | 5.08 | | | $ | 1,000.00 | | | $ | 1,019.74 | | | $ | 5.11 | | | | 1.02 | % | | | 181 | | | | 365 | |
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Statements of Assets and Liabilities
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
| | | Hartford
Balanced HLS
Fund | | | Hartford
Capital Appreciation
HLS Fund | | | Hartford
Disciplined Equity
HLS Fund | |
Assets: | | | | | | | | | | | | |
Investments in securities, at market value | | $ | 2,751,807,223 | | | $ | 6,954,464,318 | | | $ | 786,183,490 | |
Cash | | | 96,985 | | | | — | | | | 34,053 | |
Cash collateral | | | — | | | | — | | | | — | |
Foreign currency on deposit with custodian | | | — | | | | 160,683 | | | | — | |
Unrealized appreciation on foreign currency contracts | | | — | | | | 546,981 | | | | — | |
Receivables: | | | | | | | | | | | | |
Investment securities sold | | | 13,162,704 | | | | 27,120,869 | | | | 6,477,190 | |
Fund shares sold | | | 171,488 | | | | 262,064 | | | | 163,757 | |
Dividends and interest | | | 9,494,203 | | | | 8,020,725 | | | | 639,590 | |
Variation margin on financial derivative instruments | | | 16,102 | | | | — | | | | — | |
Other assets | | | — | | | | 11,936 | | | | — | |
| | | | | | | | | | | | |
Total assets | | | 2,774,748,705 | | | | 6,990,587,576 | | | | 793,498,080 | |
| | | | | | | | | | | | |
Liabilities: | | | | | | | | | | | | |
Unrealized depreciation on foreign currency contracts | | | — | | | | 140,293 | | | | — | |
Bank overdraft | | | — | | | | 1,628,932 | | | | — | |
TBA sale commitments, at market value | | | 5,399,297 | | | | — | | | | — | |
Payables: | | | | | | | | | | | | |
Investment securities purchased | | | 18,196,725 | | | | 44,491,421 | | | | 6,130,562 | |
Fund shares redeemed | | | 2,190,691 | | | | 4,086,855 | | | | 345,992 | |
Investment management fees | | | 1,375,778 | | | | 3,707,651 | | | | 475,709 | |
Distribution fees | | | 70,504 | | | | 155,147 | | | | 20,458 | |
Accrued expenses | | | 203,385 | | | | 471,690 | | | | 74,055 | |
| | | | | | | | | | | | |
Total liabilities | | | 27,436,380 | | | | 54,681,989 | | | | 7,046,776 | |
| | | | | | | | | | | | |
Net assets | | $ | 2,747,312,325 | | | $ | 6,935,905,587 | | | $ | 786,451,304 | |
| | | | | | | | | | | | |
Summary of Net Assets: | | | | | | | | | | | | |
Capital stock and paid-in-capital | | $ | 2,427,724,048 | | | $ | 4,771,667,635 | | | $ | 312,799,780 | |
Undistributed (distributions in excess of) net investment income | | | 36,156,792 | | | | 41,737,584 | | | | 4,248,158 | |
Accumulated net realized gain (loss) | | | (275,278,799 | ) | | | 1,623,093,249 | | | | 276,625,637 | |
Unrealized appreciation (depreciation) of investments and the translation of assets and liabilities denominated in foreign currency | | | 558,710,284 | | | | 499,407,119 | | | | 192,777,729 | |
| | | | | | | | | | | | |
Net assets | | $ | 2,747,312,325 | | | $ | 6,935,905,587 | | | $ | 786,451,304 | |
| | | | | | | | | | | | |
Shares authorized | | | 9,700,000,000 | | | | 5,450,000,000 | | | | 3,500,000,000 | |
| | | | | | | | | | | | |
Par value | | $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | |
| | | | | | | | | | | | |
Class IA: Net asset value per share | | $ | 27.42 | | | $ | 56.97 | | | $ | 21.97 | |
| | | | | | | | | | | | |
Shares outstanding | | | 87,947,919 | | | | 108,895,546 | | | | 31,347,864 | |
| | | | | | | | | | | | |
Net Assets | | $ | 2,411,496,713 | | | $ | 6,203,628,197 | | | $ | 688,849,251 | |
| | | | | | | | | | | | |
Class IB: Net asset value per share | | $ | 27.75 | | | $ | 56.37 | | | $ | 21.84 | |
| | | | | | | | | | | | |
Shares outstanding | | | 12,100,364 | | | | 12,811,153 | | | | 4,469,324 | |
| | | | | | | | | | | | |
Net Assets | | $ | 335,815,612 | | | $ | 722,148,014 | | | $ | 97,602,053 | |
| | | | | | | | | | | | |
Class IC: Net asset value per share | | $ | — | | | $ | 56.70 | | | $ | — | |
| | | | | | | | | | | | |
Shares outstanding | | | — | | | | 178,645 | | | | — | |
| | | | | | | | | | | | |
Net Assets | | $ | — | | | $ | 10,129,376 | | | $ | — | |
| | | | | | | | | | | | |
Cost of investments | | $ | 2,193,030,585 | | | $ | 6,455,307,238 | | | $ | 593,405,767 | |
Cost of foreign currency on deposit with custodian | | $ | — | | | $ | 162,190 | | | $ | — | |
Proceeds of TBA sale commitments | | $ | 5,407,578 | | | $ | — | | | $ | — | |
The accompanying notes are an integral part of these financial statements.
Statements of Assets and Liabilities – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | |
Hartford
Dividend and
Growth HLS
Fund | | | Hartford
Global Growth HLS
Fund | | | Hartford
Growth Opportunities
HLS Fund | | | Hartford
Healthcare HLS
Fund | | | Hartford
High Yield
HLS Fund | | | Hartford
International
Opportunities
HLS Fund | | | Hartford
MidCap HLS
Fund | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 3,739,579,599 | | | $ | 489,785,369 | | | $ | 1,443,247,214 | | | $ | 436,917,845 | | | $ | 396,049,241 | | | $ | 1,443,627,524 | | | $ | 1,869,250,685 | |
| | — | | | | 118,717 | | | | — | | | | 4 | | | | 55,764 | | | | — | | | | 417,702 | |
| | — | | | | — | | | | — | | | | — | | | | 188,552 | | | | — | | | | — | |
| | — | | | | 18,926 | | | | — | | | | 7,773 | | | | — | | | | 666,538 | | | | — | |
| | — | | | | — | | | | — | | | | — | | | | 55,582 | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 19,050,101 | | | | — | | | | 4,561,624 | | | | 240,990 | | | | 19,412 | | | | 5,172,543 | | | | 5,994,210 | |
| | 839,877 | | | | 44,744 | | | | 163,325 | | | | 797,303 | | | | 91 | | | | 320,753 | | | | 374,957 | |
| | 4,847,691 | | | | 1,210,797 | | | | 766,945 | | | | 295,495 | | | | 5,821,905 | | | | 5,974,259 | | | | 692,684 | |
| | — | | | | — | | | | — | | | | — | | | | 17,071 | | | | — | | | | — | |
| | — | | | | — | | | | 2,112 | | | | — | | | | — | | | | — | | | | 117 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 3,764,317,268 | | | | 491,178,553 | | | | 1,448,741,220 | | | | 438,259,410 | | | | 402,207,618 | | | | 1,455,761,617 | | | | 1,876,730,355 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | 601 | | | | — | | | | 7,709 | | | | — | | | | — | | | | 52,073 | | | | — | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 7,750,959 | | | | 898,628 | | | | 20,088,067 | | | | 2,352,281 | | | | 1,787,731 | | | | — | | | | 5,895,486 | |
| | 2,042,470 | | | | 261,779 | | | | 628,369 | | | | 33,153 | | | | 634,785 | | | | 661,309 | | | | 1,008,353 | |
| | 2,051,365 | | | | 308,194 | | | | 723,467 | | | | 296,207 | | | | 235,365 | | | | 837,450 | | | | 1,050,537 | |
| | 104,841 | | | | 18,998 | | | | 36,798 | | | | 14,388 | | | | 20,404 | | | | 39,274 | | | | 26,212 | |
| | 200,968 | | | | 72,449 | | | | 75,489 | | | | 25,389 | | | | 66,357 | | | | 178,705 | | | | 51,373 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 12,151,204 | | | | 1,560,048 | | | | 21,559,899 | | | | 2,721,418 | | | | 2,744,642 | | | | 1,768,811 | | | | 8,031,961 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 3,752,166,064 | | | $ | 489,618,505 | | | $ | 1,427,181,321 | | | $ | 435,537,992 | | | $ | 399,462,976 | | | $ | 1,453,992,806 | | | $ | 1,868,698,394 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 1,925,519,666 | | | $ | 348,682,983 | | | $ | 841,738,454 | | | $ | 203,048,297 | | | $ | 383,314,813 | | | $ | 1,705,538,112 | | | $ | 1,151,450,375 | |
| | 37,646,184 | | | | 4,633,213 | | | | 2,258,244 | | | | (640,017 | ) | | | 34,908,086 | | | | 34,499,888 | | | | 1,661,621 | |
| | 728,468,782 | | | | 45,940,385 | | | | 390,091,812 | | | | 82,558,974 | | | | (7,927,987 | ) | | | (393,009,136 | ) | | | 320,388,522 | |
| 1,060,531,432 | | | | 90,361,924 | | | | 193,092,811 | | | | 150,570,738 | | | | (10,831,936 | ) | | | 106,963,942 | | | | 395,197,876 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 3,752,166,064 | | | $ | 489,618,505 | | | $ | 1,427,181,321 | | | $ | 435,537,992 | | | $ | 399,462,976 | | | $ | 1,453,992,806 | | | $ | 1,868,698,394 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 4,200,000,000 | | | | 3,600,000,000 | | | | 900,000,000 | | | | 800,000,000 | | | | 2,800,000,000 | | | | 2,825,000,000 | | | | 2,600,000,000 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 26.44 | | | $ | 25.46 | | | $ | 43.04 | | | $ | 34.64 | | | $ | 8.65 | | | $ | 15.11 | | | $ | 39.37 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 123,202,854 | | | | 15,687,471 | | | | 29,046,357 | | | | 10,573,744 | | | | 34,953,903 | | | | 83,880,608 | | | | 44,622,424 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 3,257,267,717 | | | $ | 399,376,291 | | | $ | 1,250,264,773 | | | $ | 366,242,281 | | | $ | 302,313,218 | | | $ | 1,267,574,190 | | | $ | 1,756,761,350 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 26.34 | | | $ | 25.23 | | | $ | 41.94 | | | $ | 33.69 | | | $ | 8.51 | | | $ | 15.26 | | | $ | 38.84 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 18,792,044 | | | | 3,576,928 | | | | 4,008,948 | | | | 2,056,783 | | | | 11,422,205 | | | | 12,213,336 | | | | 2,881,706 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 494,898,347 | | | $ | 90,242,214 | | | $ | 168,136,668 | | | $ | 69,295,711 | | | $ | 97,149,758 | | | $ | 186,418,616 | | | $ | 111,937,044 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | — | | | $ | — | | | $ | 42.79 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | 205,191 | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | — | | | $ | — | | | $ | 8,779,880 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 2,679,045,740 | | | $ | 399,403,936 | | | $ | 1,250,155,677 | | | $ | 286,346,087 | | | $ | 406,935,664 | | | $ | 1,336,564,612 | | | $ | 1,474,052,809 | |
| $ | — | | | $ | 18,420 | | | $ | — | | | $ | 7,600 | | | $ | — | | | $ | 670,298 | | | $ | — | |
| $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
The accompanying notes are an integral part of these financial statements.
Statements of Assets and Liabilities – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
| | |
Hartford
MidCap Value
HLS Fund | | | Hartford
Small Company
HLS Fund | | | Hartford
Small/Mid Cap
Equity HLS Fund | |
Assets: | | | | | | | | | | | | |
Investments in securities, at market value | | $ | 438,156,505 | | | $ | 1,465,819,097 | | | $ | 116,265,004 | |
Cash | | | 30,760 | | | | 197,220 | | | | 766 | |
Cash collateral | | | — | | | | — | | | | — | |
Foreign currency on deposit with custodian | | | — | | | | — | | | | — | |
Unrealized appreciation on foreign currency contracts | | | — | | | | — | | | | — | |
Unrealized appreciation on OTC swap contracts | | | — | | | | — | | | | — | |
Receivables: | | | | | | | | | | | | |
Investment securities sold | | | 948,306 | | | | 28,798,452 | | | | — | |
Fund shares sold | | | 17,209 | | | | 1,395,936 | | | | 16 | |
Dividends and interest | | | 674,692 | | | | 773,696 | | | | 249,482 | |
Variation margin on financial derivative instruments | | | — | | | | — | | | | — | |
OTC swap premiums paid | | | — | | | | — | | | | — | |
Other assets | | | — | | | | — | | | | 21,547 | |
| | | | | | | | | | | | |
Total assets | | | 439,827,472 | | | | 1,496,984,401 | | | | 116,536,815 | |
| | | | | | | | | | | | |
Liabilities: | | | | | | | | | | | | |
Unrealized depreciation on foreign currency contracts | | | — | | | | — | | | | — | |
Bank overdraft | | | — | | | | — | | | | — | |
Unrealized depreciation on OTC swap contracts | | | — | | | | — | | | | — | |
Cash collateral | | | — | | | | — | | | | — | |
TBA sale commitments, at market value | | | — | | | | — | | | | — | |
Payables: | | | | | | | | | | | | |
Investment securities purchased | | | 908,496 | | | | 40,837,953 | | | | — | |
Fund shares redeemed | | | 133,256 | | | | 886,794 | | | | 173,914 | |
Investment management fees | | | 296,488 | | | | 821,753 | | | | 78,582 | |
Variation margin on financial derivative instruments | | | — | | | | — | | | | — | |
Distribution fees | | | 22,916 | | | | 26,565 | | | | 4,644 | |
Accrued expenses | | | 45,428 | | | | 67,497 | | | | 19,405 | |
OTC Swap premiums received | | | — | | | | — | | | | — | |
| | | | | | | | | | | | |
Total liabilities | | | 1,406,584 | | | | 42,640,562 | | | | 276,545 | |
| | | | | | | | | | | | |
Net assets | | $ | 438,420,888 | | | $ | 1,454,343,839 | | | $ | 116,260,270 | |
| | | | | | | | | | | | |
Summary of Net Assets: | | | | | | | | | | | | |
Capital stock and paid-in-capital | | $ | 255,927,767 | | | $ | 933,349,084 | | | $ | 76,864,902 | |
Undistributed (distributions in excess of) net investment income | | | 2,172,000 | | | | (921,952 | ) | | | 2,320,517 | |
Accumulated net realized gain (loss) | | | 87,157,498 | | | | 351,404,360 | | | | 21,083,877 | |
Unrealized appreciation (depreciation) of investments and the translation of assets and liabilities denominated in foreign currency | | | 93,163,623 | | | | 170,512,347 | | | | 15,990,974 | |
| | | | | | | | | | | | |
Net assets | | $ | 438,420,888 | | | $ | 1,454,343,839 | | | $ | 116,260,270 | |
| | | | | | | | | | | | |
Shares authorized | | | 1,200,000,000 | | | | 1,500,000,000 | | | | 900,000,000 | |
| | | | | | | | | | | | |
Par value | | $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | |
| | | | | | | | | | | | |
Class IA: Net asset value per share | | $ | 15.31 | | | $ | 24.64 | | | $ | 9.81 | |
| | | | | | | | | | | | |
Shares outstanding | | | 21,544,133 | | | | 53,880,021 | | | | 9,610,550 | |
| | | | | | | | | | | | |
Net Assets | | $ | 329,917,122 | | | $ | 1,327,433,528 | | | $ | 94,257,781 | |
| | | | | | | | | | | | |
Class IB: Net asset value per share | | $ | 15.20 | | | $ | 23.46 | | | $ | 9.74 | |
| | | | | | | | | | | | |
Shares outstanding | | | 7,140,514 | | | | 5,410,317 | | | | 2,260,097 | |
| | | | | | | | | | | | |
Net Assets | | $ | 108,503,766 | | | $ | 126,910,311 | | | $ | 22,002,489 | |
| | | | | | | | | | | | |
Cost of investments | | $ | 344,989,942 | | | $ | 1,295,306,775 | | | $ | 100,274,030 | |
Cost of foreign currency on deposit with custodian | | $ | — | | | $ | — | | | $ | — | |
Proceeds of TBA sale commitments | | $ | — | | | $ | — | | | $ | — | |
The accompanying notes are an integral part of these financial statements.
Statements of Assets and Liabilities – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | |
Hartford
SmallCap Growth
HLS Fund | | | Hartford
Stock HLS Fund | | | Hartford
Total Return Bond
HLS Fund | | | Hartford
Ultrashort Bond
HLS Fund | | | Hartford
U.S. Government
Securities
HLS Fund | | | Hartford
Value HLS Fund | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 876,110,475 | | | $ | 1,595,987,333 | | | $ | 4,013,105,943 | | | $ | 776,156,385 | | | $ | 667,236,495 | | | $ | 583,504,382 | |
| | — | | | | 442 | | | | 996,880 | | | | — | | | | — | | | | 25,219 | |
| | — | | | | — | | | | — | | | | — | | | | 676,850 | | | | — | |
| | — | | | | 111,503 | | | | — | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 1,303,464 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 1,854,400 | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 10,333,887 | | | | — | | | | 528,768,695 | | | | — | | | | 53,919,621 | | | | 6,489,664 | |
| | 1,605,029 | | | | 6,289 | | | | 208,505 | | | | 195,232 | | | | 189,021 | | | | 13,768 | |
| | 325,731 | | | | 3,080,743 | | | | 20,290,035 | | | | 1,082,104 | | | | 1,698,818 | | | | 872,264 | |
| | — | | | | — | | | | 46,118 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 30,395,182 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | — | | | | 534 | | | | 622 | | | | 9,786 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 888,375,122 | | | | 1,599,186,310 | | | | 4,596,969,222 | | | | 777,434,255 | | | | 723,721,427 | | | | 590,915,083 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | 2,632,385 | | | | — | | | | — | | | | — | |
| | 872,020 | | | | — | | | | — | | | | 122 | | | | 85 | | | | — | |
| | — | | | | — | | | | 6,836,268 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 16,826,705 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 163,415,090 | | | | — | | | | 33,048,695 | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 10,240,762 | | | | — | | | | 1,380,577,195 | | | | — | | | | 155,596,324 | | | | 5,812,808 | |
| | 766,373 | | | | 835,984 | | | | 1,566,585 | | | | 1,290,890 | | | | 714,110 | | | | 361,355 | |
| | 441,614 | | | | 643,771 | | | | 1,158,437 | | | | 257,393 | | | | 199,254 | | | | 364,747 | |
| | — | | | | — | | | | 588,097 | | | | — | | | | 65,128 | | | | — | |
| | 28,103 | | | | 34,947 | | | | 68,384 | | | | 22,435 | | | | 19,720 | | | | 19,378 | |
| | 42,033 | | | | 109,753 | | | | 307,514 | | | | 69,407 | | | | 59,435 | | | | 49,470 | |
| | — | | | | — | | | | 7,917,293 | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 12,390,905 | | | | 1,624,455 | | | | 1,581,893,953 | | | | 1,640,247 | | | | 189,702,751 | | | | 6,607,758 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 875,984,217 | | | $ | 1,597,561,855 | | | $ | 3,015,075,269 | | | $ | 775,794,008 | | | $ | 534,018,676 | | | $ | 584,307,325 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 638,458,595 | | | $ | 1,592,986,496 | | | $ | 2,827,302,864 | | | $ | 772,866,834 | | | $ | 627,530,834 | | | $ | 368,815,971 | |
| | 1,733,948 | | | | 16,036,354 | | | | 132,242,289 | | | | 3,065,187 | | | | 13,120,658 | | | | 5,107,539 | |
| | 128,568,869 | | | | (338,835,754 | ) | | | 73,981,260 | | | | 74,974 | | | | (114,514,612 | ) | | | 54,339,482 | |
| 107,222,805 | | | | 327,374,759 | | | | (18,451,144 | ) | | | (212,987 | ) | | | 7,881,796 | | | | 156,044,333 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 875,984,217 | | | $ | 1,597,561,855 | | | $ | 3,015,075,269 | | | $ | 775,794,008 | | | $ | 534,018,676 | | | $ | 584,307,325 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 700,000,000 | | | | 4,200,000,000 | | | | 5,000,000,000 | | | | 14,000,000,000 | | | | 700,000,000 | | | | 800,000,000 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 0.001 | | | $ | 0.001 | | | $ | 0.001 | | | $ | 0.010 | | | $ | 0.001 | | | $ | 0.001 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 30.21 | | | $ | 63.00 | | | $ | 11.60 | | | $ | 10.03 | | | $ | 10.48 | | | $ | 17.06 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 24,498,735 | | | | 22,743,395 | | | | 231,551,773 | | | | 66,599,311 | | | | 41,847,575 | | | | 28,888,783 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 740,086,115 | | | $ | 1,432,823,019 | | | $ | 2,685,751,347 | | | $ | 668,065,990 | | | $ | 438,573,330 | | | $ | 492,767,728 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 29.62 | | | $ | 62.88 | | | $ | 11.51 | | | $ | 9.99 | | | $ | 10.44 | | | $ | 17.02 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 4,588,055 | | | | 2,619,707 | | | | 28,602,261 | | | | 10,785,097 | | | | 9,143,660 | | | | 5,377,887 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 135,898,102 | | | $ | 164,738,836 | | | $ | 329,323,922 | | | $ | 107,728,018 | | | $ | 95,445,346 | | | $ | 91,539,597 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 768,887,670 | | | $ | 1,268,593,396 | | | $ | 4,028,375,590 | | | $ | 776,369,372 | | | $ | 659,081,685 | | | $ | 427,459,248 | |
| $ | — | | | $ | 111,637 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
| $ | — | | | $ | — | | | $ | 163,360,998 | | | $ | — | | | $ | 32,934,500 | | | $ | — | |
The accompanying notes are an integral part of these financial statements.
Statements of Operations
For the Six-Month Period Ended June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
| | | Hartford
Balanced HLS
Fund | | | Hartford
Capital Appreciation
HLS Fund | | | Hartford
Disciplined Equity
HLS Fund | |
Investment Income: | | | | | | | | | | | | |
Dividends | | $ | 19,140,330 | | | $ | 56,618,273 | | | $ | 6,479,559 | |
Interest | | | 14,516,343 | | | | 13,557 | | | | 1,425 | |
Less: Foreign tax withheld | | | (238,351 | ) | | | (1,363,083 | ) | | | (12,003 | ) |
| | | | | | | | | | | | |
Total investment income, net | | | 33,418,322 | | | | 55,268,747 | | | | 6,468,981 | |
| | | | | | | | | | | | |
Expenses: | | | | | | | | | | | | |
Investment management fees | | | 8,766,523 | | | | 22,596,705 | | | | 2,926,437 | |
Administrative services fees | | | | | | | | | | | | |
Class IC | | | — | | | | 8,183 | | | | — | |
Transfer agent fees | | | | | | | | | | | | |
Class IA | | | 2,446 | | | | 4,250 | | | | 2,334 | |
Class IB | | | 343 | | | | 499 | | | | 336 | |
Class IC | | | — | | | | 4 | | | | — | |
Distribution fees | | | | | | | | | | | | |
Class IB | | | 437,892 | | | | 937,717 | | | | 127,743 | |
Class IC | | | — | | | | 8,183 | | | | — | |
Custodian fees | | | 10,091 | | | | 79,839 | | | | 2,206 | |
Registration and filing fees | | | 19,836 | | | | 24,795 | | | | 15,372 | |
Accounting services fees | | | 227,571 | | | | 599,464 | | | | 48,720 | |
Board of Directors’ fees | | | 38,680 | | | | 95,707 | | | | 11,405 | |
Audit fees | | | 21,324 | | | | 43,887 | | | | 8,927 | |
Other expenses | | | 174,158 | | | | 344,709 | | | | 66,302 | |
| | | | | | | | | | | | |
Total expenses (before waivers and fees paid indirectly) | | | 9,698,864 | | | | 24,743,942 | | | | 3,209,782 | |
Management fee waivers | | | (284,464 | ) | | | — | | | | — | |
Commission recapture | | | (6,690 | ) | | | (74,516 | ) | | | (4,161 | ) |
| | | | | | | | | | | | |
Total waivers and fees paid indirectly | | | (291,154 | ) | | | (74,516 | ) | | | (4,161 | ) |
| | | | | | | | | | | | |
Total expenses, net | | | 9,407,710 | | | | 24,669,426 | | | | 3,205,621 | |
| | | | | | | | | | | | |
Net Investment Income (Loss) | | | 24,010,612 | | | | 30,599,321 | | | | 3,263,360 | |
| | | | | | | | | | | | |
Net Realized Gain (Loss) on Investments and Foreign Currency Transactions: | | | | | | | | | | | | |
Net realized gain (loss) on investments | | | 146,151,468 | | | | 385,096,676 | | | | 38,286,143 | |
Net realized gain (loss) on purchased options contracts | | | — | | | | (19,529 | ) | | | — | |
Net realized gain (loss) on futures contracts | | | (318,529 | ) | | | — | | | | 276,156 | |
Net realized gain (loss) on swap contracts | | | — | | | | — | | | | — | |
Net realized gain (loss) on foreign currency contracts | | | — | | | | 10,860,076 | | | | — | |
Net realized gain (loss) on other foreign currency transactions | | | (28,121 | ) | | | (477,692 | ) | | | — | |
| | | | | | | | | | | | |
Net Realized Gain (Loss) on Investments and Foreign Currency Transactions | | | 145,804,818 | | | | 395,459,531 | | | | 38,562,299 | |
| | | | | | | | | | | | |
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions: | | | | | | | | | | | | |
Net unrealized appreciation (depreciation) of investments | | | (133,586,442 | ) | | | (127,823,535 | ) | | | (4,192,188 | ) |
Net unrealized appreciation (depreciation) of future contracts | | | (118,417 | ) | | | — | | | | — | |
Net unrealized appreciation (depreciation) of swap contracts | | | — | | | | — | | | | — | |
Net unrealized appreciation (depreciation) of foreign currency contracts | | | — | | | | (3,684,446 | ) | | | — | |
Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies | | | 38,892 | | | | (3,710 | ) | | | 6 | |
| | | | | | | | | | | | |
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions | | | (133,665,967 | ) | | | (131,511,691 | ) | | | (4,192,182 | ) |
| | | | | | | | | | | | |
Net Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions | | | 12,138,851 | | | | 263,947,840 | | | | 34,370,117 | |
| | | | | | | | | | | | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | $ | 36,149,463 | | | $ | 294,547,161 | | | $ | 37,633,477 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Operations – (continued)
For the Six-Month Period Ended June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | |
Hartford
Dividend and
Growth HLS
Fund | | | Hartford
Global Growth
HLS Fund | | | Hartford
Growth Opportunities
HLS Fund | | | Hartford
Healthcare HLS
Fund | | | Hartford
High Yield
HLS Fund | | | Hartford
International
Opportunities
HLS Fund | | | Hartford
MidCap HLS
Fund | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 48,674,865 | | | $ | 4,613,031 | | | $ | 5,467,061 | | | $ | 1,680,351 | | | $ | 197,433 | | | $ | 26,416,488 | | | $ | 6,757,009 | |
| | 9,151 | | | | 105 | | | | — | | | | 484 | | | | 11,718,723 | | | | 1,906 | | | | 263 | |
| | (371,450 | ) | | | (226,299 | ) | | | (77,613 | ) | | | (29,699 | ) | | | (2,475 | ) | | | (2,724,046 | ) | | | (58,721 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 48,312,566 | | | | 4,386,837 | | | | 5,389,448 | | | | 1,651,136 | | | | 11,913,681 | | | | 23,694,348 | | | | 6,698,551 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 12,601,414 | | | | 1,830,859 | | | | 4,256,191 | | | | 1,689,349 | | | | 1,468,248 | | | | 5,028,984 | | | | 6,192,105 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | 5,748 | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 2,748 | | | | 2,233 | | | | 3,519 | | | | 2,251 | | | | 2,133 | | | | 2,889 | | | | 2,910 | |
| | 425 | | | | 520 | | | | 472 | | | | 437 | | | | 685 | | | | 434 | | | | 202 | |
| | — | | | | — | | | | 13 | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 654,253 | | | | 115,155 | | | | 206,448 | | | | 82,654 | | | | 127,557 | | | | 240,357 | | | | 149,680 | |
| | — | | | | — | | | | 5,748 | | | | — | | | | — | | | | — | | | | — | |
| | 5,801 | | | | 11,008 | | | | 4,264 | | | | 3,720 | | | | 3,917 | | | | 70,516 | | | | 2,777 | |
| | 18,844 | | | | 14,728 | | | | 16,860 | | | | 13,637 | | | | 16,364 | | | | 15,968 | | | | 15,372 | |
| | 234,300 | | | | 34,162 | | | | 70,110 | | | | 20,342 | | | | 41,950 | | | | 117,634 | | | | 92,131 | |
| | 53,060 | | | | 5,604 | | | | 15,372 | | | | 4,364 | | | | 6,943 | | | | 19,935 | | | | 20,480 | |
| | 21,324 | | | | 12,645 | | | | 8,927 | | | | 6,943 | | | | 7,537 | | | | 19,588 | | | | 11,405 | |
| | 199,742 | | | | 57,960 | | | | 113,576 | | | | 14,903 | | | | 48,094 | | | | 117,799 | | | | 54,159 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 13,791,911 | | | | 2,084,874 | | | | 4,707,248 | | | | 1,838,600 | | | | 1,723,428 | | | | 5,634,104 | | | | 6,541,221 | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | (20,844 | ) | | | (790 | ) | | | (12,103 | ) | | | (831 | ) | | | — | | | | (10,445 | ) | | | (14,443 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (20,844 | ) | | | (790 | ) | | | (12,103 | ) | | | (831 | ) | | | — | | | | (10,445 | ) | | | (14,443 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 13,771,067 | | | | 2,084,084 | | | | 4,695,145 | | | | 1,837,769 | | | | 1,723,428 | | | | 5,623,659 | | | | 6,526,778 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 34,541,499 | | | | 2,302,753 | | | | 694,303 | | | | (186,633 | ) | | | 10,190,253 | | | | 18,070,689 | | | | 171,773 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 229,296,814 | | | | 24,440,732 | | | | 113,069,537 | | | | 33,840,076 | | | | 1,046,924 | | | | 33,251,468 | | | | 113,731,346 | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | — | | | | — | | | | (10,702 | ) | | | — | | | | — | |
| | — | | | | — | | | | — | | | | (28,402 | ) | | | 1,097,009 | | | | — | | | | — | |
| | (4,526 | ) | | | 624 | | | | (65,402 | ) | | | 9,115 | | | | (17,063 | ) | | | (585,984 | ) | | | 832 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 229,292,288 | | | | 24,441,356 | | | | 113,004,135 | | | | 33,820,789 | | | | 2,116,168 | | | | 32,665,484 | | | | 113,732,178 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (263,001,603 | ) | | | 7,282,279 | | | | 28,473,529 | | | | 23,714,352 | | | | (1,896,345 | ) | | | 48,113,155 | | | | (15,681,028 | ) |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | — | | | | — | | | | 449 | | | | — | | | | — | |
| | — | | | | — | | | | (848 | ) | | | (3,944 | ) | | | (226,514 | ) | | | (13,288 | ) | | | — | |
| | 289 | | | | 8,881 | | | | 10,791 | | | | 242 | | | | 7,309 | | | | 94,034 | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| (263,001,314 | ) | | | 7,291,160 | | | | 28,483,472 | | | | 23,710,650 | | | | (2,115,101 | ) | | | 48,193,901 | | | | (15,681,028 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (33,709,026 | ) | | | 31,732,516 | | | | 141,487,607 | | | | 57,531,439 | | | | 1,067 | | | | 80,859,385 | | | | 98,051,150 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 832,473 | | | $ | 34,035,269 | | | $ | 142,181,910 | | | $ | 57,344,806 | | | $ | 10,191,320 | | | $ | 98,930,074 | | | $ | 98,222,923 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Operations – (continued)
For the Six-Month Period Ended June 30, 2015 (Unaudited)
| | | | | | | | | | | | |
| | |
Hartford
MidCap Value
HLS Fund | | | Hartford
Small Company
HLS Fund | | | Hartford
Small/Mid Cap
Equity HLS Fund | |
Investment Income: | | | | | | | | | | | | |
Dividends | | $ | 3,148,811 | | | $ | 4,263,834 | | | $ | 1,366,847 | |
Interest | | | 12 | | | | 5,918 | | | | — | |
Less: Foreign tax withheld | | | (81,475 | ) | | | (3,492 | ) | | | (1,176 | ) |
| | | | | | | | | | | | |
Total investment income, net | | | 3,067,348 | | | | 4,266,260 | | | | 1,365,671 | |
| | | | | | | | | | | | |
Expenses: | | | | | | | | | | | | |
Investment management fees | | | 1,820,520 | | | | 4,848,690 | | | | 479,701 | |
Transfer agent fees | | | | | | | | | | | | |
Class IA | | | 1,962 | | | | 3,230 | | | | 2,024 | |
Class IB | | | 633 | | | | 311 | | | | 472 | |
Distribution fees | | | | | | | | | | | | |
Class IB | | | 138,772 | | | | 157,032 | | | | 28,328 | |
Custodian fees | | | 3,694 | | | | 5,211 | | | | 496 | |
Registration and filing fees | | | 14,876 | | | | 15,868 | | | | — | |
Accounting services fees | | | 22,756 | | | | 85,817 | | | | 8,395 | |
Board of Directors’ fees | | | 6,447 | | | | 18,348 | | | | 2,232 | |
Audit fees | | | 11,405 | | | | 11,405 | | | | 6,447 | |
Other expenses | | | 33,217 | | | | 66,476 | | | | 14,022 | |
| | | | | | | | | | | | |
Total expenses (before waivers and fees paid indirectly) | | | 2,054,282 | | | | 5,212,388 | | | | 542,117 | |
Commission recapture | | | (789 | ) | | | (24,176 | ) | | | — | |
| | | | | | | | | | | | |
Total waivers and fees paid indirectly | | | (789 | ) | | | (24,176 | ) | | | — | |
| | | | | | | | | | | | |
Total expenses, net | | | 2,053,493 | | | | 5,188,212 | | | | 542,117 | |
| | | | | | | | | | | | |
Net Investment Income (Loss) | | | 1,013,855 | | | | (921,952 | ) | | | 823,554 | |
| | | | | | | | | | | | |
Net Realized Gain (Loss) on Investments and Foreign Currency Transactions: | | | | | | | | | | | | |
Net realized gain (loss) on investments | | | 29,566,206 | | | | 99,724,997 | | | | 3,372,515 | |
Net realized gain (loss) on purchased options contracts | | | — | | | | — | | | | — | |
Net realized gain (loss) on futures contracts | | | — | | | | — | | | | — | |
Net realized gain (loss) on written options contracts | | | — | | | | — | | | | — | |
Net realized gain (loss) on swap contracts | | | — | | | | — | | | | — | |
Net realized gain (loss) on foreign currency contracts | | | — | | | | 392 | | | | — | |
Net realized gain (loss) on other foreign currency transactions | | | (2,203 | ) | | | 562 | | | | (50 | ) |
| | | | | | | | | | | | |
Net Realized Gain (Loss) on Investments and Foreign Currency Transactions | | | 29,564,003 | | | | 99,725,951 | | | | 3,372,465 | |
| | | | | | | | | | | | |
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions: | | | | | | | | | | | | |
Net unrealized appreciation (depreciation) of investments | | | (8,348,780 | ) | | | (21,617,486 | ) | | | 50,278 | |
Net unrealized appreciation (depreciation) of purchased options contracts | | | — | | | | — | | | | — | |
Net unrealized appreciation (depreciation) of future contracts | | | — | | | | — | | | | — | |
Net unrealized appreciation (depreciation) of swap contracts | | | — | | | | — | | | | — | |
Net unrealized appreciation (depreciation) of foreign currency contracts | | | 538 | | | | — | | | | — | |
Net unrealized appreciation (depreciation) of translation of other assets and liabilities in foreign currencies | | | (2,557 | ) | | | 25 | | | | — | |
| | | | | | | | | | | | |
Net Changes in Unrealized Appreciation (Depreciation) of Investments, Other Financial Instruments and Foreign Currency Transactions | | | (8,350,799 | ) | | | (21,617,461 | ) | | | 50,278 | |
| | | | | | | | | | | | |
Net Gain (Loss) on Investments, Other Financial Instruments and Foreign Currency Transactions | | | 21,213,204 | | | | 78,108,490 | | | | 3,422,743 | |
| | | | | | | | | | | | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | $ | 22,227,059 | | | $ | 77,186,538 | | | $ | 4,246,297 | |
| | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Operations – (continued)
For the Six-Month Period Ended June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | | | |
Hartford
SmallCap Growth
HLS Fund | | | Hartford
Stock HLS Fund | | | Hartford
Total Return Bond
HLS Fund | | | Hartford
Ultrashort Bond
HLS Fund | | | Hartford
U.S. Government
Securities
HLS Fund | | | Hartford
Value HLS Fund | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 3,662,629 | | | $ | 19,684,745 | | | $ | 124,530 | | | $ | 82 | | | $ | 410 | | | $ | 6,754,178 | |
| | 12 | | | | 679 | | | | 49,198,705 | | | | 2,879,186 | | | | 5,271,852 | | | | 454 | |
| | (1,547 | ) | | | (315,173 | ) | | | (30,951 | ) | | | (479 | ) | | | — | | | | (67,700 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | 3,661,094 | | | | 19,370,251 | | | | 49,292,284 | | | | 2,878,789 | | | | 5,272,262 | | | | 6,686,932 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 2,396,429 | | | | 3,986,695 | | | | 7,258,398 | | | | 1,624,843 | | | | 1,243,598 | | | | 2,219,479 | |
| | 2,839 | | | | 2,479 | | | | 2,751 | | | | 2,422 | | | | 2,181 | | | | 2,421 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 562 | | | | 288 | | | | 340 | | | | 393 | | | | 472 | | | | 455 | |
| | 161,113 | | | | 218,180 | | | | 431,679 | | | | 141,706 | | | | 123,173 | | | | 119,099 | |
| | 1,050 | | | | 7,785 | | | | 26,976 | | | | 1,636 | | | | 1,710 | | | | 1,289 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 15,124 | | | | 16,364 | | | | 18,844 | | | | — | | | | — | | | | — | |
| | 46,937 | | | | 83,772 | | | | 313,684 | | | | 40,621 | | | | 33,201 | | | | 30,126 | |
| | 8,083 | | | | 22,811 | | | | 45,621 | | | | 14,876 | | | | 9,173 | | | | 8,431 | |
| | 7,935 | | | | 16,364 | | | | 19,340 | | | | 9,917 | | | | 8,033 | | | | 11,901 | |
| | 50,185 | | | | 100,112 | | | | 253,340 | | | | 57,789 | | | | 53,872 | | | | 41,617 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 2,690,257 | | | | 4,454,850 | | | | 8,370,973 | | | | 1,894,203 | | | | 1,475,413 | | | | 2,434,818 | |
| | (7,100 | ) | | | (1,559 | ) | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | |
| | (7,100 | ) | | | (1,559 | ) | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 2,683,157 | | | | 4,453,291 | | | | 8,370,973 | | | | 1,894,203 | | | | 1,475,413 | | | | 2,434,818 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 977,937 | | | | 14,916,960 | | | | 40,921,311 | | | | 984,586 | | | | 3,796,849 | | | | 4,252,114 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 32,180,837 | | | | 79,449,658 | | | | 6,396,753 | | | | 837 | | | | 5,596,676 | | | | 42,249,463 | |
| | — | | | | — | | | | (1,720,719 | ) | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 6,474,525 | | | | — | | | | (724,869 | ) | | | — | |
| | — | | | | — | | | | 1,487,524 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | (8,895,420 | ) | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 6,608,902 | | | | — | | | | — | | | | — | |
| | — | | | | (51,986 | ) | | | 26,945 | | | | — | | | | — | | | | (1,694 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | 32,180,837 | | | | 79,397,672 | | | | 10,378,510 | | | | 837 | | | | 4,871,807 | | | | 42,247,769 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 23,536,241 | | | | (105,963,151 | ) | | | (59,829,937 | ) | | | 453,618 | | | | (2,380,492 | ) | | | (40,561,660 | ) |
| | — | | | | — | | | | 1,035,368 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | 1,892,986 | | | | — | | | | (423,045 | ) | | | — | |
| | — | | | | — | | | | 2,100,118 | | | | — | | | | — | | | | — | |
| | — | | | | — | | | | (2,479,407 | ) | | | — | | | | — | | | | — | |
| | — | | | | 41,016 | | | | 51,780 | | | | — | | | | — | | | | 8,769 | |
| | | | | | | | | | | | | | | | | | | | | | |
| 23,536,241 | | | | (105,922,135 | ) | | | (57,229,092 | ) | | | 453,618 | | | | (2,803,537 | ) | | | (40,552,891 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | 55,717,078 | | | | (26,524,463 | ) | | | (46,850,582 | ) | | | 454,455 | | | | 2,068,270 | | | | 1,694,878 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 56,695,015 | | | $ | (11,607,503 | ) | | $ | (5,929,271 | ) | | $ | 1,439,041 | | | $ | 5,865,119 | | | $ | 5,946,992 | |
| | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets
| | | | | | | | |
| | |
Hartford Balanced HLS Fund | |
| | �� | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
Operations: | | | | | | | | |
Net investment income (loss) | | $ | 24,010,612 | | | $ | 51,655,887 | |
Net realized gain (loss) on investments, other financial instruments and foreign currency transactions | | | 145,804,818 | | | | 276,352,031 | |
Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions | | | (133,665,967 | ) | | | (47,566,921 | ) |
| | | | | | | | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | | 36,149,463 | | | | 280,440,997 | |
| | | | | | | | |
Distributions to Shareholders: | | | | | | | | |
From net investment income | | | | | | | | |
Class IA | | | — | | | | (45,323,982 | ) |
Class IB | | | — | | | | (5,428,017 | ) |
Class IC | | | — | | | | — | |
| | | | | | | | |
Total from net investment income | | | — | | | | (50,751,999 | ) |
| | | | | | | | |
From net realized gain on investments | | | | | | | | |
Class IA | | | — | | | | — | |
Class IB | | | — | | | | — | |
Class IC | | | — | | | | — | |
| | | | | | | | |
Total from net realized gain on investments | | | — | | | | — | |
| | | | | | | | |
Total distributions | | | — | | | | (50,751,999 | ) |
| | | | | | | | |
Capital Share Transactions: | | | | | | | | |
Sold | | | 8,788,120 | | | | 29,948,231 | |
Issued in merger | | | — | | | | — | |
Issued on reinvestment of distributions | | | — | | | | 50,751,999 | |
Redeemed | | | (221,649,308 | ) | | | (568,743,885 | ) |
| | | | | | | | |
Net increase (decrease) from capital share transactions | | | (212,861,188 | ) | | | (488,043,655 | ) |
| | | | | | | | |
Net Increase (Decrease) in Net Assets | | | (176,711,725 | ) | | | (258,354,657 | ) |
| | | | | | | | |
Net Assets: | | | | | | | | |
Beginning of period | | | 2,924,024,050 | | | | 3,182,378,707 | |
| | | | | | | | |
End of period | | $ | 2,747,312,325 | | | $ | 2,924,024,050 | |
| | | | | | | | |
Undistributed (distributions in excess of) net investment income | | $ | 36,156,792 | | | $ | 12,146,180 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Hartford Capital Appreciation HLS
Fund | | | Hartford Disciplined Equity HLS
Fund | | | Hartford Dividend and Growth HLS
Fund | | | Hartford Global Growth
HLS Fund | |
For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 30,599,321 | | | $ | 70,854,450 | | | $ | 3,263,360 | | | $ | 5,988,213 | | | $ | 34,541,499 | | | $ | 73,253,569 | | | $ | 2,302,753 | | | $ | 2,376,685 | |
| | 395,459,531 | | | | 1,321,954,289 | | | | 38,562,299 | | | | 247,155,443 | | | | 229,292,288 | | | | 526,074,623 | | | | 24,441,356 | | | | 81,799,082 | |
| | (131,511,691 | ) | | | (862,281,313 | ) | | | (4,192,182 | ) | | | (125,763,344 | ) | | | (263,001,314 | ) | | | (90,165,449 | ) | | | 7,291,160 | | | | (55,459,197 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 294,547,161 | | | | 530,527,426 | | | | 37,633,477 | | | | 127,380,312 | | | | 832,473 | | | | 509,162,743 | | | | 34,035,269 | | | | 28,716,570 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (58,028,812 | ) | | | — | | | | (4,941,220 | ) | | | — | | | | (64,043,916 | ) | | | — | | | | (1,805,993 | ) |
| | — | | | | (4,922,730 | ) | | | — | | | | (458,078 | ) | | | — | | | | (8,635,172 | ) | | | — | | | | (242,510 | ) |
| | — | | | | (22,513 | ) | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (62,974,055 | ) | | | — | | | | (5,399,298 | ) | | | — | | | | (72,679,088 | ) | | | — | | | | (2,048,503 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (939,864,465 | ) | | | — | | | | (6,976,085 | ) | | | — | | | | (428,416,451 | ) | | | — | | | | — | |
| | — | | | | (115,099,182 | ) | | | — | | | | (1,024,081 | ) | | | — | | | | (71,756,795 | ) | | | — | | | | — | |
| | — | | | | (94,687 | ) | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (1,055,058,334 | ) | | | — | | | | (8,000,166 | ) | | | — | | | | (500,173,246 | ) | | | — | | | | — | |
| | | | �� | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (1,118,032,389 | ) | | | — | | | | (13,399,464 | ) | | | — | | | | (572,852,334 | ) | | | — | | | | (2,048,503 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 94,549,435 | | | | 415,488,650 | | | | 4,182,547 | | | | 11,590,066 | | | | 41,227,425 | | | | 88,827,777 | | | | 11,409,909 | | | | 16,640,070 | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 84,599,762 | |
| | — | | | | 1,118,032,390 | | | | — | | | | 13,399,464 | | | | — | | | | 572,852,334 | | | | — | | | | 2,048,503 | |
| | (691,783,948 | ) | | | (1,706,234,966 | ) | | | (97,051,454 | ) | | | (226,981,043 | ) | | | (338,391,903 | ) | | | (931,427,860 | ) | | | (37,347,761 | ) | | | (88,344,788 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (597,234,513 | ) | | | (172,713,926 | ) | | | (92,868,907 | ) | | | (201,991,513 | ) | | | (297,164,478 | ) | | | (269,747,749 | ) | | | (25,937,852 | ) | | | 14,943,547 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (302,687,352 | ) | | | (760,218,889 | ) | | | (55,235,430 | ) | | | (88,010,665 | ) | | | (296,332,005 | ) | | | (333,437,340 | ) | | | 8,097,417 | | | | 41,611,614 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 7,238,592,939 | | | | 7,998,811,828 | | | | 841,686,734 | | | | 929,697,399 | | | | 4,048,498,069 | | | | 4,381,935,409 | | | | 481,521,088 | | | | 439,909,474 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 6,935,905,587 | | | $ | 7,238,592,939 | | | $ | 786,451,304 | | | $ | 841,686,734 | | | $ | 3,752,166,064 | | | $ | 4,048,498,069 | | | $ | 489,618,505 | | | $ | 481,521,088 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 41,737,584 | | | $ | 11,138,263 | | | $ | 4,248,158 | | | $ | 984,798 | | | $ | 37,646,184 | | | $ | 3,104,685 | | | $ | 4,633,213 | | | $ | 2,330,460 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets – (continued)
| | | | | | | | |
| | | Hartford Growth Opportunities HLS
Fund | |
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
Operations: | | | | | | | | |
Net investment income (loss) | | $ | 694,303 | | | $ | 1,663,894 | |
Net realized gain (loss) on investments, other financial instruments and foreign currency transactions | | | 113,004,135 | | | | 279,584,109 | |
Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions | | | 28,483,472 | | | | (112,843,943 | ) |
| | | | | | | | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | | 142,181,910 | | | | 168,404,060 | |
| | | | | | | | |
Distributions to Shareholders: | | | | | | | | |
From net investment income | | | | | | | | |
Class IA | | | — | | | | (2,042,095 | ) |
Class IB | | | — | | | | (17,409 | ) |
Class IC | | | — | | | | (483 | ) |
| | | | | | | | |
Total from net investment income | | | — | | | | (2,059,987 | ) |
| | | | | | | | |
From net realized gain on investments | | | | | | | | |
Class IA | | | — | | | | (192,350,961 | ) |
Class IB | | | — | | | | (27,496,799 | ) |
Class IC | | | — | | | | (45,561 | ) |
| | | | | | | | |
Total from net realized gain on investments | | | — | | | | (219,893,321 | ) |
| | | | | | | | |
Total distributions | | | — | | | | (221,953,308 | ) |
| | | | | | | | |
Capital Share Transactions: | | | | | | | | |
Sold | | | 30,560,350 | | | | 31,350,218 | |
Issued in merger | | | — | | | | 222,041,000 | |
Issued on reinvestment of distributions | | | — | | | | 221,953,308 | |
Redeemed | | | (110,684,318 | ) | | | (265,282,613 | ) |
| | | | | | | | |
Net increase (decrease) from capital share transactions | | | (80,123,968 | ) | | | 210,061,913 | |
| | | | | | | | |
Net Increase (Decrease) in Net Assets | | | 62,057,942 | | | | 156,512,665 | |
| | | | | | | | |
Net Assets: | | | | | | | | |
Beginning of period | | | 1,365,123,379 | | | | 1,208,610,714 | |
| | | | | | | | |
End of period | | $ | 1,427,181,321 | | | $ | 1,365,123,379 | |
| | | | | | | | |
Undistributed (distributions in excess of) net investment income | | $ | 2,258,244 | | | $ | 1,563,941 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Hartford Healthcare HLS Fund | | | Hartford High Yield HLS Fund | | | Hartford International Opportunities
HLS Fund | | | Hartford MidCap HLS Fund | |
For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | (186,633 | ) | | $ | (61,309 | ) | | $ | 10,190,253 | | | $ | 25,325,337 | | | $ | 18,070,689 | | | $ | 19,445,004 | | | $ | 171,773 | | | $ | 1,517,535 | |
| | 33,820,789 | | | | 49,979,363 | | | | 2,116,168 | | | | 9,413,824 | | | | 32,665,484 | | | | 137,265,055 | | | | 113,732,178 | | | | 225,619,133 | |
| | 23,710,650 | | | | 27,743,069 | | | | (2,115,101 | ) | | | (21,035,054 | ) | | | 48,193,901 | | | | (218,169,124 | ) | | | (15,681,028 | ) | | | (47,543,903 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 57,344,806 | | | | 77,661,123 | | | | 10,191,320 | | | | 13,704,107 | | | | 98,930,074 | | | | (61,459,065 | ) | | | 98,222,923 | | | | 179,592,765 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (678,876 | ) | | | — | | | | (26,651,985 | ) | | | — | | | | (28,436,476 | ) | | | — | | | | (1,569,593 | ) |
| | — | | | | (23,622 | ) | | | — | | | | (8,502,614 | ) | | | — | | | | (4,045,018 | ) | | | — | | | | — | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (702,498 | ) | | | — | | | | (35,154,599 | ) | | | — | | | | (32,481,494 | ) | | | — | | | | (1,569,593 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (21,244,591 | ) | | | — | | | | — | | | | — | | | | — | | | | — | | | | (190,670,431 | ) |
| | — | | | | (4,809,571 | ) | | | — | | | | — | | | | — | | | | — | | | | — | | | | (10,000,370 | ) |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (26,054,162 | ) | | | — | | | | — | | | | — | | | | — | | | | — | | | | (200,670,801 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (26,756,660 | ) | | | — | | | | (35,154,599 | ) | | | — | | | | (32,481,494 | ) | | | — | | | | (202,240,394 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 63,122,897 | | | | 94,759,735 | | | | 15,034,133 | | | | 31,892,841 | | | | 42,187,257 | | | | 200,998,632 | | | | 219,311,684 | | | | 350,150,072 | |
| | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
| | — | | | | 26,756,660 | | | | — | | | | 35,154,599 | | | | — | | | | 32,481,494 | | | | — | | | | 202,240,394 | |
| | (46,922,344 | ) | | | (111,334,189 | ) | | | (52,991,465 | ) | | | (133,409,107 | ) | | | (116,123,612 | ) | | | (380,006,851 | ) | | | (201,791,386 | ) | | | (342,895,605 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 16,200,553 | | | | 10,182,206 | | | | (37,957,332 | ) | | | (66,361,667 | ) | | | (73,936,355 | ) | | | (146,526,725 | ) | | | 17,520,298 | | | | 209,494,861 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 73,545,359 | | | | 61,086,669 | | | | (27,766,012 | ) | | | (87,812,159 | ) | | | 24,993,719 | | | | (240,467,284 | ) | | | 115,743,221 | | | | 186,847,232 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 361,992,633 | | | | 300,905,964 | | | | 427,228,988 | | | | 515,041,147 | | | | 1,428,999,087 | | | | 1,669,466,371 | | | | 1,752,955,173 | | | | 1,566,107,941 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 435,537,992 | | | $ | 361,992,633 | | | $ | 399,462,976 | | | $ | 427,228,988 | | | $ | 1,453,992,806 | | | $ | 1,428,999,087 | | | $ | 1,868,698,394 | | | $ | 1,752,955,173 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | (640,017 | ) | | $ | (453,384 | ) | | $ | 34,908,086 | | | $ | 24,717,833 | | | $ | 34,499,888 | | | $ | 16,429,199 | | | $ | 1,661,621 | | | $ | 1,489,848 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets – (continued)
| | | | | | | | |
| | | Hartford MidCap Value
HLS Fund | |
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
Operations: | | | | | | | | |
Net investment income (loss) | | $ | 1,013,855 | | | $ | 2,586,015 | |
Net realized gain (loss) on investments and foreign currency transactions | | | 29,564,003 | | | | 59,484,905 | |
Net changes in unrealized appreciation (depreciation) of investments and foreign currency transactions | | | (8,350,799 | ) | | | (24,577,736 | ) |
| | | | | | | | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | | 22,227,059 | | | | 37,493,184 | |
| | | | | | | | |
Distributions to Shareholders: | | | | | | | | |
From net investment income | | | | | | | | |
Class IA | | | — | | | | (2,401,785 | ) |
Class IB | | | — | | | | (480,216 | ) |
| | | | | | | | |
Total from net investment income | | | — | | | | (2,882,001 | ) |
| | | | | | | | |
From net realized gain on investments | | | | | | | | |
Class IA | | | — | | | | (45,536,344 | ) |
Class IB | | | — | | | | (14,755,531 | ) |
| | | | | | | | |
Total from net realized gain on investments | | | — | | | | (60,291,875 | ) |
| | | | | | | | |
Total distributions | | | — | | | | (63,173,876 | ) |
| | | | | | | | |
Capital Share Transactions: | | | | | | | | |
Sold | | | 4,438,697 | | | | 14,676,497 | |
Issued on reinvestment of distributions | | | — | | | | 63,173,876 | |
Redeemed | | | (44,147,923 | ) | | | (97,421,767 | ) |
| | | | | | | | |
Net increase (decrease) from capital share transactions | | | (39,709,226 | ) | | | (19,571,394 | ) |
| | | | | | | | |
Net Increase (Decrease) in Net Assets | | | (17,482,167 | ) | | | (45,252,086 | ) |
| | | | | | | | |
Net Assets: | | | | | | | | |
Beginning of period | | | 455,903,055 | | | | 501,155,141 | |
| | | | | | | | |
End of period | | $ | 438,420,888 | | | $ | 455,903,055 | |
| | | | | | | | |
Undistributed (distributions in excess of) net investment income | | $ | 2,172,000 | | | $ | 1,158,145 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Hartford Small Company HLS Fund | | | Hartford Small/Mid Cap Equity HLS
Fund | | | Hartford SmallCap Growth HLS Fund | | | Hartford Stock HLS Fund | |
For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | (921,952 | ) | | $ | (5,434,363 | ) | | $ | 823,554 | | | $ | 1,491,873 | | | $ | 977,937 | | | $ | 892,478 | | | $ | 14,916,960 | | | $ | 31,165,049 | |
| | 99,725,951 | | | | 260,712,949 | | | | 3,372,465 | | | | 17,795,825 | | | | 32,180,837 | | | | 98,705,848 | | | | 79,397,672 | | | | 145,989,283 | |
| | (21,617,461 | ) | | | (161,616,916 | ) | | | 50,278 | | | | (13,114,377 | ) | | | 23,536,241 | | | | (60,032,088 | ) | | | (105,922,135 | ) | | | 8,836,263 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 77,186,538 | | | | 93,661,670 | | | | 4,246,297 | | | | 6,173,321 | | | | 56,695,015 | | | | 39,566,238 | | | | (11,607,503 | ) | | | 185,990,595 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | — | | | | (1,610,847 | ) | | | — | | | | (370,992 | ) | | | — | | | | — | |
| | — | | | | — | | | | — | | | | (274,653 | ) | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | — | | | | (1,885,500 | ) | | | — | | | | (370,992 | ) | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (226,746,631 | ) | | | — | | | | (19,560,822 | ) | | | — | | | | (104,367,708 | ) | | | — | | | | (28,166,569 | ) |
| | — | | | | (23,620,519 | ) | | | — | | | | (4,152,245 | ) | | | — | | | | (22,471,437 | ) | | | — | | | | (2,831,617 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (250,367,150 | ) | | | — | | | | (23,713,067 | ) | | | — | | | | (126,839,145 | ) | | | — | | | | (30,998,186 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | (250,367,150 | ) | | | — | | | | (25,598,567 | ) | | | — | | | | (127,210,137 | ) | | | — | | | | (30,998,186 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 97,028,881 | | | | 190,640,175 | | | | 2,695,512 | | | | 8,923,364 | | | | 246,300,421 | | | | 259,035,106 | | | | 4,864,806 | | | | 24,354,691 | |
| | — | | | | 250,367,150 | | | | — | | | | 25,598,567 | | | | — | | | | 127,210,137 | | | | — | | | | 30,998,186 | |
| | (123,203,726 | ) | | | (377,580,543 | ) | | | (11,989,718 | ) | | | (37,546,080 | ) | | | (99,441,650 | ) | | | (216,309,600 | ) | | | (130,584,465 | ) | | | (347,171,203 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (26,174,845 | ) | | | 63,426,782 | | | | (9,294,206 | ) | | | (3,024,149 | ) | | | 146,858,771 | | | | 169,935,643 | | | | (125,719,659 | ) | | | (291,818,326 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 51,011,693 | | | | (93,278,698 | ) | | | (5,047,909 | ) | | | (22,449,395 | ) | | | 203,553,786 | | | | 82,291,744 | | | | (137,327,162 | ) | | | (136,825,917 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 1,403,332,146 | | | | 1,496,610,844 | | | | 121,308,179 | | | | 143,757,574 | | | | 672,430,431 | | | | 590,138,687 | | | | 1,734,889,017 | | | | 1,871,714,934 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | 1,454,343,839 | | | $ | 1,403,332,146 | | | $ | 116,260,270 | | | $ | 121,308,179 | | | $ | 875,984,217 | | | $ | 672,430,431 | | | $ | 1,597,561,855 | | | $ | 1,734,889,017 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| $ | (921,952 | ) | | $ | — | | | $ | 2,320,517 | | | $ | 1,496,963 | | | $ | 1,733,948 | | | $ | 756,011 | | | $ | 16,036,354 | | | $ | 1,119,394 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets – (continued)
| | | | | | | | |
| | | Hartford Total Return Bond
HLS Fund | |
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
Operations: | | | | | | | | |
Net investment income (loss) | | $ | 40,921,311 | | | $ | 98,771,667 | |
Net realized gain (loss) on investments, other financial instruments and foreign currency transactions | | | 10,378,510 | | | | 98,015,103 | |
Net changes in unrealized appreciation (depreciation) of investments, other financial instruments and foreign currency transactions | | | (57,229,092 | ) | | | 6,484,653 | |
| | | | | | | | |
Net Increase (Decrease) in Net Assets Resulting from Operations | | | (5,929,271 | ) | | | 203,271,423 | |
| | | | | | | | |
Distributions to Shareholders: | | | | | | | | |
From net investment income | | | | | | | | |
Class IA | | | — | | | | (97,443,902 | ) |
Class IB | | | — | | | | (11,323,208 | ) |
| | | | | | | | |
Total distributions | | | — | | | | (108,767,110 | ) |
| | | | | | | | |
Capital Share Transactions: | | | | | | | | |
Sold | | | 71,214,250 | | | | 173,198,435 | |
Issued on reinvestment of distributions | | | — | | | | 108,767,110 | |
Redeemed | | | (289,848,533 | ) | | | (842,363,284 | ) |
| | | | | | | | |
Net decrease from capital share transactions | | | (218,634,283 | ) | | | (560,397,739 | ) |
| | | | | | | | |
Net Increase (Decrease) in Net Assets | | | (224,563,554 | ) | | | (465,893,426 | ) |
| | | | | | | | |
Net Assets: | | | | | | | | |
Beginning of period | | | 3,239,638,823 | | | | 3,705,532,249 | |
| | | | | | | | |
End of period | | $ | 3,015,075,269 | | | $ | 3,239,638,823 | |
| | | | | | | | |
Undistributed (distributions in excess of) net investment income | | $ | 132,242,289 | | | $ | 91,320,978 | |
| | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Statements of Changes in Net Assets – (continued)
| | | | | | | | | | | | | | | | | | | | | | |
| Hartford Ultrashort Bond HLS Fund | | | Hartford U.S. Government Securities HLS
Fund | | | Hartford Value HLS Fund | |
For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| | | For the
Six-Month
Period Ended
June 30, 2015
(Unaudited) | | | For the
Year Ended
December 31,
2014
| |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 984,586 | | | $ | 1,949,747 | | | $ | 3,796,849 | | | $ | 8,655,207 | | | $ | 4,252,114 | | | $ | 9,355,873 | |
| | 837 | | | | 209,094 | | | | 4,871,807 | | | | 2,774,638 | | | | 42,247,769 | | | | 67,490,131 | |
| | 453,618 | | | | (467,328 | ) | | | (2,803,537 | ) | | | 6,685,288 | | | | (40,552,891 | ) | | | (9,274,603 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | 1,439,041 | | | | 1,691,513 | | | | 5,865,119 | | | | 18,115,133 | | | | 5,946,992 | | | | 67,571,401 | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | — | | | | (11,648,041 | ) | | | — | | | | (7,727,803 | ) |
| | — | | | | — | | | | — | | | | (2,201,980 | ) | | | — | | | | (1,210,174 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | — | | | | — | | | | — | | | | (13,850,021 | ) | | | — | | | | (8,937,977 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 25,693,039 | | | | 57,930,562 | | | | 15,686,238 | | | | 35,891,840 | | | | 16,093,894 | | | | 35,888,662 | |
| | — | | | | — | | | | — | | | | 13,850,021 | | | | — | | | | 8,937,977 | |
| | (118,103,306 | ) | | | (369,023,528 | ) | | | (58,734,433 | ) | | | (162,881,468 | ) | | | (59,801,886 | ) | | | (141,823,013 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | (92,410,267 | ) | | | (311,092,966 | ) | | | (43,048,195 | ) | | | (113,139,607 | ) | | | (43,707,992 | ) | | | (96,996,374 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | (90,971,226 | ) | | | (309,401,453 | ) | | | (37,183,076 | ) | | | (108,874,495 | ) | | | (37,761,000 | ) | | | (38,362,950 | ) |
| | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | |
| | 866,765,234 | | | | 1,176,166,687 | | | | 571,201,752 | | | | 680,076,247 | | | | 622,068,325 | | | | 660,431,275 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 775,794,008 | | | $ | 866,765,234 | | | $ | 534,018,676 | | | $ | 571,201,752 | | | $ | 584,307,325 | | | $ | 622,068,325 | |
| | | | | | | | | | | | | | | | | | | | | | |
| $ | 3,065,187 | | | $ | 2,080,601 | | | $ | 13,120,658 | | | $ | 9,323,809 | | | $ | 5,107,539 | | | $ | 855,425 | |
| | | | | | | | | | | | | | | | | | | | | | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Balanced HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 27.09 | | | $ | 0.23 | | | $ | 0.10 | | | $ | 0.33 | | | $ | — | | | $ | — | | | $ | — | | | $ | 27.42 | | | | 1.22 | %(4) | | $ | 2,411,497 | | | | 0.65 | %(5) | | | 0.63 | %(5) | | | 1.72 | %(5) | | | 11 | % |
IB | | | 27.45 | | | | 0.20 | | | | 0.10 | | | | 0.30 | | | | — | | | | — | | | | — | | | | 27.75 | | | | 1.09 | (4) | | | 335,816 | | | | 0.90 | (5) | | | 0.88 | (5) | | | 1.47 | (5) | | | 11 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 25.11 | | | $ | 0.45 | | | $ | 2.01 | | | $ | 2.46 | | | $ | (0.48 | ) | | $ | — | | | $ | (0.48 | ) | | $ | 27.09 | | | | 9.79 | % | | $ | 2,561,814 | | | | 0.65 | % | | | 0.65 | % | | | 1.73 | % | | | 29 | % |
IB | | | 25.44 | | | | 0.39 | | | | 2.03 | | | | 2.42 | | | | (0.41 | ) | | | — | | | | (0.41 | ) | | | 27.45 | | | | 9.51 | | | | 362,210 | | | | 0.90 | | | | 0.90 | | | | 1.49 | | | | 29 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 21.03 | | | $ | 0.41 | | | $ | 4.04 | | | $ | 4.45 | | | $ | (0.37 | ) | | $ | — | | | $ | (0.37 | ) | | $ | 25.11 | | | | 21.19 | % | | $ | 2,782,698 | | | | 0.65 | % | | | 0.65 | % | | | 1.75 | % | | | 31 | % |
IB | | | 21.30 | | | | 0.35 | | | | 4.10 | | | | 4.45 | | | | (0.31 | ) | | | — | | | | (0.31 | ) | | | 25.44 | | | | 20.88 | | | | 399,681 | | | | 0.90 | | | | 0.90 | | | | 1.50 | | | | 31 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 19.34 | | | $ | 0.47 | | | $ | 1.85 | | | $ | 2.32 | | | $ | (0.63 | ) | | $ | — | | | $ | (0.63 | ) | | $ | 21.03 | | | | 12.02 | % | | $ | 2,754,114 | | | | 0.65 | % | | | 0.65 | % | | | 1.98 | % | | | 28 | % |
IB | | | 19.58 | | | | 0.43 | | | | 1.86 | | | | 2.29 | | | | (0.57 | ) | | | — | | | | (0.57 | ) | | | 21.30 | | | | 11.74 | | | | 406,156 | | | | 0.90 | | | | 0.90 | | | | 1.73 | | | | 28 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 19.32 | | | $ | 0.41 | | | $ | (0.06 | ) | | $ | 0.35 | | | $ | (0.33 | ) | | $ | — | | | $ | (0.33 | ) | | $ | 19.34 | | | | 1.86 | % | | $ | 2,959,019 | | | | 0.64 | % | | | 0.64 | % | | | 1.84 | % | | | 34 | % |
IB | | | 19.55 | | | | 0.36 | | | | (0.05 | ) | | | 0.31 | | | | (0.28 | ) | | | — | | | | (0.28 | ) | | | 19.58 | | | | 1.61 | | | | 455,939 | | | | 0.89 | | | | 0.89 | | | | 1.59 | | | | 34 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 17.47 | | | $ | 0.30 | | | $ | 1.82 | | | $ | 2.12 | | | $ | (0.27 | ) | | $ | — | | | $ | (0.27 | ) | | $ | 19.32 | | | | 12.14 | % | | $ | 3,539,983 | | | | 0.65 | % | | | 0.65 | % | | | 1.68 | % | | | 65 | %(7) |
IB | | | 17.68 | | | | 0.26 | | | | 1.83 | | | | 2.09 | | | | (0.22 | ) | | | — | | | | (0.22 | ) | | | 19.55 | | | | 11.86 | | | | 556,169 | | | | 0.90 | | | | 0.90 | | | | 1.43 | | | | 65 | (7) |
| | | | | | | | | |
| Hartford Capital Appreciation HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 54.71 | | | $ | 0.25 | | | $ | 2.01 | | | $ | 2.26 | | | $ | — | | | $ | — | | | $ | — | | | $ | 56.97 | | | | 4.13 | %(4) | | $ | 6,203,628 | | | | 0.67 | %(5) | | | 0.67 | %(5) | | | 0.88 | %(5) | | | 36 | % |
IB | | | 54.20 | | | | 0.18 | | | | 1.99 | | | | 2.17 | | | | — | | | | — | | | | — | | | | 56.37 | | | | 4.00 | (4) | | | 722,148 | | | | 0.92 | (5) | | | 0.92 | (5) | | | 0.63 | (5) | | | 36 | |
IC | | | 54.59 | | | | 0.12 | | | | 1.99 | | | | 2.11 | | | | — | | | | — | | | | — | | | | 56.70 | | | | 3.87 | (4) | | | 10,129 | | | | 1.17 | (5) | | | 1.17 | (5) | | | 0.42 | (5) | | | 36 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 59.65 | | | $ | 0.56 | | | $ | 3.81 | | | $ | 4.37 | | | $ | (0.50 | ) | | $ | (8.81 | ) | | $ | (9.31 | ) | | $ | 54.71 | | | | 7.31 | % | | $ | 6,470,599 | | | | 0.66 | % | | | 0.66 | % | | | 0.96 | % | | | 89 | % |
IB | | | 59.18 | | | | 0.42 | | | | 3.77 | | | | 4.19 | | | | (0.36 | ) | | | (8.81 | ) | | | (9.17 | ) | | | 54.20 | | | | 7.04 | | | | 764,541 | | | | 0.91 | | | | 0.91 | | | | 0.72 | | | | 89 | |
IC(8) | | | 60.21 | | | | 0.09 | | | | 3.53 | | | | 3.62 | | | | (0.43 | ) | | | (8.81 | ) | | | (9.24 | ) | | | 54.59 | | | | 5.97 | (4) | | | 3,453 | | | | 1.16 | (5) | | | 1.16 | (5) | | | 0.23 | (5) | | | 89 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 43.37 | | | $ | 0.45 | | | $ | 16.49 | | | $ | 16.94 | | | $ | (0.51 | ) | | $ | (0.15 | ) | | $ | (0.66 | ) | | $ | 59.65 | | | | 39.08 | % | | $ | 7,029,201 | | | | 0.67 | % | | | 0.67 | % | | | 0.88 | % | | | 86 | % |
IB | | | 43.05 | | | | 0.32 | | | | 16.33 | | | | 16.65 | | | | (0.37 | ) | | | (0.15 | ) | | | (0.52 | ) | | | 59.18 | | | | 38.72 | | | | 969,611 | | | | 0.92 | | | | 0.92 | | | | 0.63 | | | | 86 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 37.20 | | | $ | 0.57 | | | $ | 6.24 | | | $ | 6.81 | | | $ | (0.64 | ) | | $ | — | | | $ | (0.64 | ) | | $ | 43.37 | | | | 18.34 | % | | $ | 7,750,924 | | | | 0.67 | % | | | 0.67 | % | | | 1.24 | % | | | 142 | % |
IB | | | 36.90 | | | | 0.52 | | | | 6.14 | | | | 6.66 | | | | (0.51 | ) | | | — | | | | (0.51 | ) | | | 43.05 | | | | 18.04 | | | | 874,386 | | | | 0.92 | | | | 0.92 | | | | 0.99 | | | | 142 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 42.36 | | | $ | 0.37 | | | $ | (5.20 | ) | | $ | (4.83 | ) | | $ | (0.33 | ) | | $ | — | | | $ | (0.33 | ) | | $ | 37.20 | | | | (11.41 | )% | | $ | 8,169,178 | | | | 0.67 | % | | | 0.67 | % | | | 0.95 | % | | | 113 | % |
IB | | | 42.00 | | | | 0.32 | | | | (5.20 | ) | | | (4.88 | ) | | | (0.22 | ) | | | — | | | | (0.22 | ) | | | 36.90 | | | | (11.62 | ) | | | 1,102,054 | | | | 0.92 | | | | 0.92 | | | | 0.71 | | | | 113 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 36.63 | | | $ | 0.30 | | | $ | 5.72 | | | $ | 6.02 | | | $ | (0.29 | )(9) | | $ | — | | | $ | (0.29 | ) | | $ | 42.36 | | | | 16.50 | % | | $ | 8,889,906 | | | | 0.67 | % | | | 0.67 | % | | | 0.77 | % | | | 95 | % |
IB | | | 36.32 | | | | 0.21 | | | | 5.66 | | | | 5.87 | | | | (0.19 | )(9) | | | — | | | | (0.19 | ) | | | 42.00 | | | | 16.21 | | | | 1,522,218 | | | | 0.92 | | | | 0.92 | | | | 0.52 | | | | 95 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Disciplined Equity HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 20.99 | | | $ | 0.09 | | | $ | 0.89 | | | $ | 0.98 | | | $ | — | | | $ | — | | | $ | — | | | $ | 21.97 | | | | 4.67 | %(4) | | $ | 688,849 | | | | 0.76 | %(5) | | | 0.76 | %(5) | | | 0.84 | %(5) | | | 10 | % |
IB | | | 20.88 | | | | 0.06 | | | | 0.90 | | | | 0.96 | | | | — | | | | — | | | | — | | | | 21.84 | | | | 4.60 | (4) | | | 97,602 | | | | 1.01 | (5) | | | 1.01 | (5) | | | 0.59 | (5) | | | 10 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 18.36 | | | $ | 0.14 | | | $ | 2.83 | | | $ | 2.97 | | | $ | (0.14 | ) | | $ | (0.20 | ) | | $ | (0.34 | ) | | $ | 20.99 | | | | 16.18 | % | | $ | 734,110 | | | | 0.75 | % | | | 0.75 | % | | | 0.73 | % | | | 63 | % |
IB | | | 18.27 | | | | 0.09 | | | | 2.81 | | | | 2.90 | | | | (0.09 | ) | | | (0.20 | ) | | | (0.29 | ) | | | 20.88 | | | | 15.87 | | | | 107,577 | | | | 1.00 | | | | 1.00 | | | | 0.47 | | | | 63 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 13.64 | | | $ | 0.17 | | | $ | 4.72 | | | $ | 4.89 | | | $ | (0.17 | ) | | $ | — | | | $ | (0.17 | ) | | $ | 18.36 | | | | 35.82 | % | | $ | 811,099 | | | | 0.76 | % | | | 0.76 | % | | | 1.07 | % | | | 23 | % |
IB | | | 13.58 | | | | 0.13 | | | | 4.68 | | | | 4.81 | | | | (0.12 | ) | | | — | | | | (0.12 | ) | | | 18.27 | | | | 35.47 | | | | 118,598 | | | | 1.01 | | | | 1.01 | | | | 0.82 | | | | 23 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.78 | | | $ | 0.22 | | | $ | 1.86 | | | $ | 2.08 | | | $ | (0.22 | ) | | $ | — | | | $ | (0.22 | ) | | $ | 13.64 | | | | 17.62 | % | | $ | 798,148 | | | | 0.75 | % | | | 0.75 | % | | | 1.45 | % | | | 34 | % |
IB | | | 11.73 | | | | 0.18 | | | | 1.85 | | | | 2.03 | | | | (0.18 | ) | | | — | | | | (0.18 | ) | | | 13.58 | | | | 17.33 | | | | 116,113 | | | | 1.00 | | | | 1.00 | | | | 1.20 | | | | 34 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.79 | | | $ | 0.14 | | | $ | (0.01 | ) | | $ | 0.13 | | | $ | (0.14 | ) | | $ | — | | | $ | (0.14 | ) | | $ | 11.78 | | | | 1.15 | % | | $ | 852,312 | | | | 0.74 | % | | | 0.74 | % | | | 1.06 | % | | | 44 | % |
IB | | | 11.73 | | | | 0.11 | | | | — | | | | 0.11 | | | | (0.11 | ) | | | — | | | | (0.11 | ) | | | 11.73 | | | | 0.90 | | | | 129,416 | | | | 0.99 | | | | 0.99 | | | | 0.81 | | | | 44 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.47 | | | $ | 0.15 | | | $ | 1.32 | | | $ | 1.47 | | | $ | (0.15 | ) | | $ | — | | | $ | (0.15 | ) | | $ | 11.79 | | | | 14.04 | % | | $ | 1,022,321 | | | | 0.75 | % | | | 0.75 | % | | | 1.35 | % | | | 44 | % |
IB | | | 10.42 | | | | 0.13 | | | | 1.30 | | | | 1.43 | | | | (0.12 | ) | | | — | | | | (0.12 | ) | | | 11.73 | | | | 13.76 | | | | 159,898 | | | | 1.00 | | | | 1.00 | | | | 1.10 | | | | 44 | |
| | | | | | | | | |
| Hartford Dividend and Growth HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 26.45 | | | $ | 0.24 | | | $ | (0.25 | ) | | $ | (0.01 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 26.44 | | | | (0.04 | )%(4) | | $ | 3,257,268 | | | | 0.67 | %(5) | | | 0.67 | %(5) | | | 1.80 | %(5) | | | 10 | % |
IB | | | 26.38 | | | | 0.20 | | | | (0.24 | ) | | | (0.04 | ) | | | — | | | | — | | | | — | | | | 26.34 | | | | (0.15 | )(4) | | | 494,898 | | | | 0.92 | (5) | | | 0.92 | (5) | | | 1.55 | (5) | | | 10 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 27.05 | | | $ | 0.49 | | | $ | 2.92 | | | $ | 3.41 | | | $ | (0.49 | ) | | $ | (3.52 | ) | | $ | (4.01 | ) | | $ | 26.45 | | | | 12.96 | % | | $ | 3,502,492 | | | | 0.67 | % | | | 0.67 | % | | | 1.78 | % | | | 19 | % |
IB | | | 26.99 | | | | 0.42 | | | | 2.91 | | | | 3.33 | | | | (0.42 | ) | | | (3.52 | ) | | | (3.94 | ) | | | 26.38 | | | | 12.68 | | | | 546,006 | | | | 0.92 | | | | 0.92 | | | | 1.53 | | | | 19 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 21.46 | | | $ | 0.46 | | | $ | 6.33 | | | $ | 6.79 | | | $ | (0.51 | ) | | $ | (0.69 | ) | | $ | (1.20 | ) | | $ | 27.05 | | | | 31.92 | % | | $ | 3,760,183 | | | | 0.67 | % | | | 0.67 | % | | | 1.88 | % | | | 25 | % |
IB | | | 21.42 | | | | 0.40 | | | | 6.31 | | | | 6.71 | | | | (0.45 | ) | | | (0.69 | ) | | | (1.14 | ) | | | 26.99 | | | | 31.58 | | | | 621,751 | | | | 0.92 | | | | 0.92 | | | | 1.62 | | | | 25 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 19.34 | | | $ | 0.49 | | | $ | 2.13 | | | $ | 2.62 | | | $ | (0.50 | ) | | $ | — | | | $ | (0.50 | ) | | $ | 21.46 | | | | 13.59 | % | | $ | 3,658,076 | | | | 0.67 | % | | | 0.67 | % | | | 2.13 | % | | | 20 | % |
IB | | | 19.30 | | | | 0.45 | | | | 2.11 | | | | 2.56 | | | | (0.44 | ) | | | — | | | | (0.44 | ) | | | 21.42 | | | | 13.31 | | | | 589,194 | | | | 0.92 | | | | 0.92 | | | | 1.88 | | | | 20 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 19.50 | | | $ | 0.42 | | | $ | (0.16 | ) | | $ | 0.26 | | | $ | (0.42 | ) | | $ | — | | | $ | (0.42 | ) | | $ | 19.34 | | | | 1.32 | % | | $ | 3,851,657 | | | | 0.67 | % | | | 0.67 | % | | | 1.98 | % | | | 24 | % |
IB | | | 19.46 | | | | 0.36 | | | | (0.16 | ) | | | 0.20 | | | | (0.36 | ) | | | — | | | | (0.36 | ) | | | 19.30 | | | | 1.06 | | | | 658,419 | | | | 0.92 | | | | 0.92 | | | | 1.73 | | | | 24 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 17.55 | | | $ | 0.35 | | | $ | 1.96 | | | $ | 2.31 | | | $ | (0.36 | ) | | $ | — | | | $ | (0.36 | ) | | $ | 19.50 | | | | 13.21 | % | | $ | 4,409,787 | | | | 0.68 | % | | | 0.68 | % | | | 1.87 | % | | | 32 | % |
IB | | | 17.51 | | | | 0.32 | | | | 1.94 | | | | 2.26 | | | | (0.31 | ) | | | — | | | | (0.31 | ) | | | 19.46 | | | | 12.93 | | | | 756,001 | | | | 0.93 | | | | 0.93 | | | | 1.62 | | | | 32 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Global Growth HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 23.74 | | | $ | 0.12 | | | $ | 1.60 | | | $ | 1.72 | | | $ | — | | | $ | — | | | $ | — | | | $ | 25.46 | | | | 7.25 | %(4) | | $ | 399,376 | | | | 0.81 | %(5) | | | 0.81 | %(5) | | | 0.99 | %(5) | | | 27 | % |
IB | | | 23.56 | | | | 0.09 | | | | 1.58 | | | | 1.67 | | | | — | | | | — | | | | — | | | | 25.23 | | | | 7.09 | (4) | | | 90,242 | | | | 1.06 | (5) | | | 1.06 | (5) | | | 0.74 | (5) | | | 27 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 22.33 | | | $ | 0.13 | | | $ | 1.39 | | | $ | 1.52 | | | $ | (0.11 | ) | | $ | — | | | $ | (0.11 | ) | | $ | 23.74 | | | | 6.79 | % | | $ | 388,542 | | | | 0.81 | % | | | 0.81 | % | | | 0.57 | % | | | 82 | %(10) |
IB | | | 22.16 | | | | 0.07 | | | | 1.39 | | | | 1.46 | | | | (0.06 | ) | | | — | | | | (0.06 | ) | | | 23.56 | | | | 6.58 | | | | 92,979 | | | | 1.06 | | | | 1.06 | | | | 0.30 | | | | 82 | (10) |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 16.50 | | | $ | 0.11 | | | $ | 5.86 | | | $ | 5.97 | | | $ | (0.14 | ) | | $ | — | | | $ | (0.14 | ) | | $ | 22.33 | | | | 36.30 | % | | $ | 360,086 | | | | 0.82 | % | | | 0.82 | % | | | 0.56 | % | | | 71 | % |
IB | | | 16.38 | | | | 0.06 | | | | 5.81 | | | | 5.87 | | | | (0.09 | ) | | | — | | | | (0.09 | ) | | | 22.16 | | | | 35.90 | | | | 79,823 | | | | 1.07 | | | | 1.07 | | | | 0.32 | | | | 71 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 13.45 | | | $ | 0.14 | | | $ | 3.00 | | | $ | 3.14 | | | $ | (0.09 | ) | | $ | — | | | $ | (0.09 | ) | | $ | 16.50 | | | | 23.41 | % | | $ | 321,371 | | | | 0.82 | % | | | 0.82 | % | | | 0.73 | % | | | 108 | % |
IB | | | 13.34 | | | | 0.09 | | | | 2.99 | | | | 3.08 | | | | (0.04 | ) | | | — | | | | (0.04 | ) | | | 16.38 | | | | 23.10 | | | | 77,224 | | | | 1.07 | | | | 1.07 | | | | 0.47 | | | | 108 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 15.62 | | | $ | 0.08 | | | $ | (2.24 | ) | | $ | (2.16 | ) | | $ | (0.01 | ) | | $ | — | | | $ | (0.01 | ) | | $ | 13.45 | | | | (13.89 | )% | | $ | 352,947 | | | | 0.80 | % | | | 0.80 | % | | | 0.46 | % | | | 57 | % |
IB | | | 15.53 | | | | 0.04 | | | | (2.23 | ) | | | (2.19 | ) | | | — | | | | — | | | | — | | | | 13.34 | | | | (14.10 | ) | | | 82,204 | | | | 1.05 | | | | 1.05 | | | | 0.22 | | | | 57 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 13.71 | | | $ | 0.04 | | | $ | 1.91 | | | $ | 1.95 | | | $ | (0.04 | ) | | $ | — | | | $ | (0.04 | ) | | $ | 15.62 | | | | 14.25 | % | | $ | 484,754 | | | | 0.81 | % | | | 0.81 | % | | | 0.28 | % | | | 62 | % |
IB | | | 13.64 | | | | — | | | | 1.90 | | | | 1.90 | | | | (0.01 | ) | | | — | | | | (0.01 | ) | | | 15.53 | | | | 13.96 | | | | 118,824 | | | | 1.06 | | | | 1.06 | | | | 0.03 | | | | 62 | |
| | | | | | | | | |
| Hartford Growth Opportunities HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 38.88 | | | $ | 0.03 | | | $ | 4.13 | | | $ | 4.16 | | | $ | — | | | $ | — | | | $ | — | | | $ | 43.04 | | | | 10.70 | %(4) | | $ | 1,250,265 | | | | 0.64 | %(5) | | | 0.64 | %(5) | | | 0.13 | %(5) | | | 51 | % |
IB | | | 37.93 | | | | (0.02 | ) | | | 4.03 | | | | 4.01 | | | | — | | | | — | | | | — | | | | 41.94 | | | | 10.57 | (4) | | | 168,137 | | | | 0.89 | (5) | | | 0.89 | (5) | | | (0.12 | )(5) | | | 51 | |
IC | | | 38.75 | | | | (0.08 | ) | | | 4.12 | | | | 4.04 | | | | — | | | | — | | | | — | | | | 42.79 | | | | 10.43 | (4) | | | 8,780 | | | | 1.15 | (5) | | | 1.15 | (5) | | | (0.40 | )(5) | | | 51 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 40.58 | | | $ | 0.06 | | | $ | 5.31 | | | $ | 5.37 | | | $ | (0.07 | ) | | $ | (7.00 | ) | | $ | (7.07 | ) | | $ | 38.88 | | | | 14.14 | % | | $ | 1,203,366 | | | | 0.64 | % | | | 0.64 | % | | | 0.16 | % | | | 145 | %(11) |
IB | | | 39.79 | | | | (0.04 | ) | | | 5.18 | | | | 5.14 | | | | — | | | | (7.00 | ) | | | (7.00 | ) | | | 37.93 | | | | 13.82 | | | | 160,040 | | | | 0.89 | | | | 0.89 | | | | (0.11 | ) | | | 145 | (11) |
IC(8) | | | 40.23 | | | | (0.10 | ) | | | 5.69 | | | | 5.59 | | | | (0.07 | ) | | | (7.00 | ) | | | (7.07 | ) | | | 38.75 | | | | 14.79 | (4) | | | 1,717 | | | | 1.14 | (5) | | | 1.14 | (5) | | | (0.37 | )(5) | | | 145 | (11) |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 29.90 | | | $ | 0.07 | | | $ | 10.61 | | | $ | 10.68 | | | $ | — | | | $ | — | | | $ | — | | | $ | 40.58 | | | | 35.74 | % | | $ | 1,097,380 | | | | 0.65 | % | | | 0.65 | % | | | 0.21 | % | | | 119 | % |
IB | | | 29.38 | | | | (0.01 | ) | | | 10.42 | | | | 10.41 | | | | — | | | | — | | | | — | | | | 39.79 | | | | 35.42 | | | | 111,230 | | | | 0.90 | | | | 0.90 | | | | (0.04 | ) | | | 119 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 23.57 | | | $ | 0.03 | | | $ | 6.30 | | | $ | 6.33 | | | $ | — | | | $ | — | | | $ | — | | | $ | 29.90 | | | | 26.86 | % | | $ | 951,372 | | | | 0.65 | % | | | 0.65 | % | | | 0.11 | % | | | 105 | % |
IB | | | 23.22 | | | | (0.05 | ) | | | 6.21 | | | | 6.16 | | | | — | | | | — | | | | — | | | | 29.38 | | | | 26.54 | | | | 108,506 | | | | 0.90 | | | | 0.90 | | | | (0.15 | ) | | | 105 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 25.86 | | | $ | 0.01 | | | $ | (2.30 | ) | | $ | (2.29 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 23.57 | | | | (8.87 | )% | | $ | 881,352 | | | | 0.66 | % | | | 0.66 | % | | | 0.03 | % | | | 113 | % |
IB | | | 25.54 | | | | (0.06 | ) | | | (2.26 | ) | | | (2.32 | ) | | | — | | | | — | | | | — | | | | 23.22 | | | | (9.10 | ) | | | 108,905 | | | | 0.91 | | | | 0.91 | | | | (0.22 | ) | | | 113 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 22.00 | | | $ | 0.02 | | | $ | 3.84 | | | $ | 3.86 | | | $ | — | | | $ | — | | | $ | — | | | $ | 25.86 | | | | 17.56 | % | | $ | 1,106,030 | | | | 0.65 | % | | | 0.65 | % | | | 0.08 | % | | | 104 | % |
IB | | | 21.78 | | | | (0.04 | ) | | | 3.80 | | | | 3.76 | | | | — | | | | — | | | | — | | | | 25.54 | | | | 17.28 | | | | 137,147 | | | | 0.90 | | | | 0.90 | | | | (0.17 | ) | | | 104 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Healthcare HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 30.02 | | | $ | (0.01 | ) | | $ | 4.63 | | | $ | 4.62 | | | $ | — | | | $ | — | | | $ | — | | | $ | 34.64 | | | | 15.39 | %(4) | | $ | 366,242 | | | | 0.86 | %(5) | | | 0.86 | %(5) | | | (0.05 | )%(5) | | | 14 | % |
IB | | | 29.23 | | | | (0.05 | ) | | | 4.51 | | | | 4.46 | | | | — | | | | — | | | | — | | | | 33.69 | | | | 15.26 | (4) | | | 69,296 | | | | 1.11 | (5) | | | 1.11 | (5) | | | (0.30 | )(5) | | | 14 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 25.67 | | | $ | 0.01 | | | $ | 6.75 | | | $ | 6.76 | | | $ | (0.07 | ) | | $ | (2.34 | ) | | $ | (2.41 | ) | | $ | 30.02 | | | | 27.39 | % | | $ | 301,580 | | | | 0.88 | % | | | 0.88 | % | | | 0.03 | % | | | 33 | % |
IB | | | 25.07 | | | | (0.06 | ) | | | 6.57 | | | | 6.51 | | | | (0.01 | ) | | | (2.34 | ) | | | (2.35 | ) | | | 29.23 | | | | 27.00 | | | | 60,413 | | | | 1.13 | | | | 1.13 | | | | (0.22 | ) | | | 33 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 18.11 | | | $ | 0.04 | | | $ | 9.12 | | | $ | 9.16 | | | $ | (0.12 | ) | | $ | (1.48 | ) | | $ | (1.60 | ) | | $ | 25.67 | | | | 51.84 | % | | $ | 243,719 | | | | 0.89 | % | | | 0.89 | % | | | 0.19 | % | | | 33 | % |
IB | | | 17.71 | | | | (0.01 | ) | | | 8.92 | | | | 8.91 | | | | (0.07 | ) | | | (1.48 | ) | | | (1.55 | ) | | | 25.07 | | | | 51.50 | | | | 57,187 | | | | 1.14 | | | | 1.14 | | | | (0.06 | ) | | | 33 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 15.07 | | | $ | 0.13 | | | $ | 2.98 | | | $ | 3.11 | | | $ | (0.07 | ) | | $ | — | | | $ | (0.07 | ) | | $ | 18.11 | | | | 20.62 | % | | $ | 149,801 | | | | 0.91 | % | | | 0.91 | % | | | 0.69 | % | | | 46 | % |
IB | | | 14.74 | | | | 0.09 | | | | 2.90 | | | | 2.99 | | | | (0.02 | ) | | | — | | | | (0.02 | ) | | | 17.71 | | | | 20.32 | | | | 45,306 | | | | 1.16 | | | | 1.16 | | | | 0.43 | | | | 46 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 13.89 | | | $ | 0.06 | | | $ | 1.13 | | | $ | 1.19 | | | $ | (0.01 | ) | | $ | — | | | $ | (0.01 | ) | | $ | 15.07 | | | | 8.54 | % | | $ | 137,088 | | | | 0.91 | % | | | 0.91 | % | | | 0.33 | % | �� | | 45 | % |
IB | | | 13.61 | | | | 0.02 | | | | 1.11 | | | | 1.13 | | | | — | | | | — | | | | — | | | | 14.74 | | | | 8.27 | | | | 48,933 | | | | 1.16 | | | | 1.16 | | | | 0.08 | | | | 45 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 12.99 | | | $ | 0.08 | | | $ | 0.84 | | | $ | 0.92 | | | $ | (0.02 | ) | | $ | — | | | $ | (0.02 | ) | | $ | 13.89 | | | | 7.10 | % | | $ | 137,454 | | | | 0.90 | % | | | 0.90 | % | | | 0.55 | % | | | 32 | % |
IB | | | 12.74 | | | | 0.04 | | | | 0.83 | | | | 0.87 | | | | — | | | | — | | | | — | | | | 13.61 | | | | 6.84 | | | | 54,753 | | | | 1.15 | | | | 1.15 | | | | 0.30 | | | | 32 | |
| | | | | | | | | |
| Hartford High Yield HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 8.45 | | | $ | 0.21 | | | $ | (0.01 | ) | | $ | 0.20 | | | $ | — | | | $ | — | | | $ | — | | | $ | 8.65 | | | | 2.37 | %(4) | | $ | 302,313 | | | | 0.76 | %(5) | | | 0.76 | %(5) | | | 4.92 | %(5) | | | 15 | % |
IB | | | 8.32 | | | | 0.20 | | | | (0.01 | ) | | | 0.19 | | | | — | | | | — | | | | — | | | | 8.51 | | | | 2.28 | (4) | | | 97,150 | | | | 1.01 | (5) | | | 1.01 | (5) | | | 4.67 | (5) | | | 15 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 8.90 | | | $ | 0.47 | | | $ | (0.22 | ) | | $ | 0.25 | | | $ | (0.70 | ) | | $ | — | | | $ | (0.70 | ) | | $ | 8.45 | | | | 2.58 | % | | $ | 321,650 | | | | 0.75 | % | | | 0.75 | % | | | 5.28 | % | | | 39 | % |
IB | | | 8.77 | | | | 0.44 | | | | (0.22 | ) | | | 0.22 | | | | (0.67 | ) | | | — | | | | (0.67 | ) | | | 8.32 | | | | 2.31 | | | | 105,579 | | | | 1.00 | | | | 1.00 | | | | 5.02 | | | | 39 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 9.09 | | | $ | 0.54 | | | $ | 0.01 | | | $ | 0.55 | | | $ | (0.74 | ) | | $ | — | | | $ | (0.74 | ) | | $ | 8.90 | | | | 6.43 | % | | $ | 389,340 | | | | 0.75 | % | | | 0.75 | % | | | 5.90 | % | | | 46 | % |
IB | | | 8.96 | | | | 0.50 | | | | 0.03 | | | | 0.53 | | | | (0.72 | ) | | | — | | | | (0.72 | ) | | | 8.77 | | | | 6.17 | | | | 125,701 | | | | 1.00 | | | | 1.00 | | | | 5.64 | | | | 46 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 8.70 | | | $ | 0.58 | | | $ | 0.63 | | | $ | 1.21 | | | $ | (0.82 | ) | | $ | — | | | $ | (0.82 | ) | | $ | 9.09 | | | | 14.31 | % | | $ | 504,042 | | | | 0.75 | % | | | 0.75 | % | | | 6.37 | % | | | 94 | % |
IB | | | 8.59 | | | | 0.55 | | | | 0.62 | | | | 1.17 | | | | (0.80 | ) | | | — | | | | (0.80 | ) | | | 8.96 | | | | 14.03 | | | | 149,050 | | | | 1.00 | | | | 1.00 | | | | 6.12 | | | | 94 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 9.15 | | | $ | 0.71 | | | $ | (0.31 | ) | | $ | 0.40 | | | $ | (0.85 | ) | | $ | — | | | $ | (0.85 | ) | | $ | 8.70 | | | | 4.69 | % | | $ | 548,608 | | | | 0.74 | % | | | 0.74 | % | | | 7.68 | % | | | 88 | % |
IB | | | 9.04 | | | | 0.67 | | | | (0.30 | ) | | | 0.37 | | | | (0.82 | ) | | | — | | | | (0.82 | ) | | | 8.59 | | | | 4.44 | | | | 160,060 | | | | 0.99 | | | | 0.99 | | | | 7.43 | | | | 88 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 7.94 | | | $ | 0.75 | | | $ | 0.52 | | | $ | 1.27 | | | $ | (0.06 | ) | | $ | — | | | $ | (0.06 | ) | | $ | 9.15 | | | | 16.15 | % | | $ | 602,493 | | | | 0.75 | % | | | 0.75 | % | | | 8.80 | % | | | 139 | % |
IB | | | 7.86 | | | | 0.72 | | | | 0.52 | | | | 1.24 | | | | (0.06 | ) | | | — | | | | (0.06 | ) | | | 9.04 | | | | 15.86 | | | | 186,357 | | | | 1.00 | | | | 1.00 | | | | 8.57 | | | | 139 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford International Opportunities HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 14.13 | | | $ | 0.19 | | | $ | 0.79 | | | $ | 0.98 | | | $ | — | | | $ | — | | | $ | — | | | $ | 15.11 | | | | 6.94 | %(4) | | $ | 1,267,574 | | | | 0.73 | %(5) | | | 0.73 | %(5) | | | 2.49 | %(5) | | | 38 | % |
IB | | | 14.29 | | | | 0.17 | | | | 0.80 | | | | 0.97 | | | | — | | | | — | | | | — | | | | 15.26 | | | | 6.79 | (4) | | | 186,419 | | | | 0.98 | (5) | | | 0.98 | (5) | | | 2.22 | (5) | | | 38 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 15.03 | | | $ | 0.19 | | | $ | (0.75 | ) | | $ | (0.56 | ) | | $ | (0.34 | ) | | $ | — | | | $ | (0.34 | ) | | $ | 14.13 | | | | (3.87 | )% | | $ | 1,239,946 | | | | 0.73 | % | | | 0.73 | % | | | 1.30 | % | | | 90 | % |
IB | | | 15.20 | | | | 0.15 | | | | (0.76 | ) | | | (0.61 | ) | | | (0.30 | ) | | | — | | | | (0.30 | ) | | | 14.29 | | | | (4.14 | ) | | | 189,053 | | | | 0.98 | | | | 0.98 | | | | 1.02 | | | | 90 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 12.63 | | | $ | 0.24 | | | $ | 2.45 | | | $ | 2.69 | | | $ | (0.29 | ) | | $ | — | | | $ | (0.29 | ) | | $ | 15.03 | | | | 21.55 | % | | $ | 1,454,018 | | | | 0.74 | % | | | 0.74 | % | | | 1.76 | % | | | 100 | % |
IB | | | 12.76 | | | | 0.21 | | | | 2.49 | | | | 2.70 | | | | (0.26 | ) | | | — | | | | (0.26 | ) | | | 15.20 | | | | 21.28 | | | | 215,447 | | | | 0.99 | | | | 0.99 | | | | 1.55 | | | | 100 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.72 | | | $ | 0.26 | | | $ | 1.88 | | | $ | 2.14 | | | $ | (0.23 | ) | | $ | — | | | $ | (0.23 | ) | | $ | 12.63 | | | | 20.20 | % | | $ | 1,303,209 | | | | 0.74 | % | | | 0.74 | % | | | 1.88 | % | | | 95 | % |
IB | | | 10.82 | | | | 0.25 | | | | 1.88 | | | | 2.13 | | | | (0.19 | ) | | | — | | | | (0.19 | ) | | | 12.76 | | | | 19.89 | | | | 220,699 | | | | 0.99 | | | | 0.99 | | | | 1.64 | | | | 95 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 12.46 | | | $ | 0.21 | | | $ | (1.94 | ) | | $ | (1.73 | ) | | $ | (0.01 | ) | | $ | — | | | $ | (0.01 | ) | | $ | 10.72 | | | | (13.97 | )% | | $ | 1,287,917 | | | | 0.73 | % | | | 0.73 | % | | | 1.66 | % | | | 111 | % |
IB | | | 12.61 | | | | 0.19 | | | | (1.97 | ) | | | (1.78 | ) | | | (0.01 | ) | | | — | | | | (0.01 | ) | | | 10.82 | | | | (14.19 | ) | | | 232,707 | | | | 0.98 | | | | 0.98 | | | | 1.41 | | | | 111 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.01 | | | $ | 0.13 | | | $ | 1.46 | | | $ | 1.59 | | | $ | (0.14 | ) | | $ | — | | | $ | (0.14 | ) | | $ | 12.46 | | | | 14.49 | % | | $ | 1,705,757 | | | | 0.74 | % | | | 0.74 | % | | | 1.19 | % | | | 128 | %(12) |
IB | | | 11.15 | | | | 0.11 | | | | 1.46 | | | | 1.57 | | | | (0.11 | ) | | | — | | | | (0.11 | ) | | | 12.61 | | | | 14.20 | | | | 328,671 | | | | 0.99 | | | | 0.99 | | | | 0.94 | | | | 128 | (12) |
| | | | | | | | | |
| Hartford MidCap HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 37.28 | | | $ | 0.01 | | | $ | 2.08 | | | $ | 2.09 | | | $ | — | | | $ | — | | | $ | — | | | $ | 39.37 | | | | 5.61 | %(4) | | $ | 1,756,761 | | | | 0.69 | %(5) | | | 0.69 | %(5) | | | 0.03 | %(5) | | | 17 | % |
IB | | | 36.83 | | | | (0.04 | ) | | | 2.05 | | | | 2.01 | | | | — | | | | — | | | | — | | | | 38.84 | | | | 5.46 | (4) | | | 111,937 | | | | 0.94 | (5) | | | 0.94 | (5) | | | (0.18 | )(5) | | | 17 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 37.87 | | | $ | 0.04 | | | $ | 4.22 | | | $ | 4.26 | | | $ | (0.04 | ) | | $ | (4.81 | ) | | $ | (4.85 | ) | | $ | 37.28 | | | | 11.37 | % | | $ | 1,669,393 | | | | 0.70 | % | | | 0.70 | % | | | 0.10 | % | | | 42 | % |
IB | | | 37.52 | | | | (0.06 | ) | | | 4.18 | | | | 4.12 | | | | — | | | | (4.81 | ) | | | (4.81 | ) | | | 36.83 | | | | 11.09 | | | | 83,562 | | | | 0.95 | | | | 0.95 | | | | (0.15 | ) | | | 42 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 28.16 | | | $ | 0.07 | | | $ | 11.02 | | | $ | 11.09 | | | $ | (0.04 | ) | | $ | (1.34 | ) | | $ | (1.38 | ) | | $ | 37.87 | | | | 39.82 | % | | $ | 1,483,626 | | | | 0.71 | % | | | 0.71 | % | | | 0.21 | % | | | 34 | % |
IB | | | 27.95 | | | | (0.02 | ) | | | 10.94 | | | | 10.92 | | | | (0.01 | ) | | | (1.34 | ) | | | (1.35 | ) | | | 37.52 | | | | 39.46 | | | | 82,483 | | | | 0.96 | | | | 0.96 | | | | (0.05 | ) | | | 34 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 23.77 | | | $ | 0.24 | | | $ | 4.38 | | | $ | 4.62 | | | $ | (0.23 | ) | | $ | — | | | $ | (0.23 | ) | | $ | 28.16 | | | | 19.44 | % | | $ | 1,325,221 | | | | 0.71 | % | | | 0.71 | % | | | 0.84 | % | | | 51 | % |
IB | | | 23.59 | | | | 0.17 | | | | 4.35 | | | | 4.52 | | | | (0.16 | ) | | | — | | | | (0.16 | ) | | | 27.95 | | | | 19.14 | | | | 70,997 | | | | 0.96 | | | | 0.96 | | | | 0.59 | | | | 51 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 26.01 | | | $ | 0.15 | | | $ | (2.20 | ) | | $ | (2.05 | ) | | $ | (0.19 | ) | | $ | — | | | $ | (0.19 | ) | | $ | 23.77 | | | | (7.92 | )% | | $ | 1,212,257 | | | | 0.71 | % | | | 0.71 | % | | | 0.48 | % | | | 69 | % |
IB | | | 25.74 | | | | 0.07 | | | | (2.17 | ) | | | (2.10 | ) | | | (0.05 | ) | | | — | | | | (0.05 | ) | | | 23.59 | | | | (8.16 | ) | | | 70,188 | | | | 0.96 | | | | 0.96 | | | | 0.18 | | | | 69 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 21.12 | | | $ | 0.10 | | | $ | 4.85 | | | $ | 4.95 | | | $ | (0.06 | ) | | $ | — | | | $ | (0.06 | ) | | $ | 26.01 | | | | 23.45 | % | | $ | 1,722,182 | | | | 0.70 | % | | | 0.70 | % | | | 0.44 | % | | | 52 | % |
IB | | | 20.92 | | | | 0.04 | | | | 4.79 | | | | 4.83 | | | | (0.01 | ) | | | — | | | | (0.01 | ) | | | 25.74 | | | | 23.15 | | | | 124,465 | | | | 0.95 | | | | 0.95 | | | | 0.12 | | | | 52 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford MidCap Value HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 14.60 | | | $ | 0.04 | | | $ | 0.67 | | | $ | 0.71 | | | $ | — | | | $ | — | | | $ | — | | | $ | 15.31 | | | | 4.86 | %(4) | | $ | 329,917 | | | | 0.84 | %(5) | | | 0.84 | %(5) | | | 0.51 | %(5) | | | 13 | % |
IB | | | 14.50 | | | | 0.02 | | | | 0.68 | | | | 0.70 | | | | — | | | | — | | | | — | | | | 15.20 | | | | 4.83 | (4) | | | 108,504 | | | | 1.09 | (5) | | | 1.09 | (5) | | | 0.26 | (5) | | | 13 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 15.51 | | | $ | 0.09 | | | $ | 1.19 | | | $ | 1.28 | | | $ | (0.11 | ) | | $ | (2.08 | ) | | $ | (2.19 | ) | | $ | 14.60 | | | | 8.22 | % | | $ | 345,084 | | | | 0.84 | % | | | 0.84 | % | | | 0.60 | % | | | 31 | % |
IB | | | 15.42 | | | | 0.05 | | | | 1.18 | | | | 1.23 | | | | (0.07 | ) | | | (2.08 | ) | | | (2.15 | ) | | | 14.50 | | | | 7.91 | | | | 110,819 | | | | 1.09 | | | | 1.09 | | | | 0.35 | | | | 31 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.65 | | | $ | 0.08 | | | $ | 3.95 | | | $ | 4.03 | | | $ | (0.17 | ) | | $ | — | | | $ | (0.17 | ) | | $ | 15.51 | | | | 34.71 | % | | $ | 377,272 | | | | 0.84 | % | | | 0.84 | % | | | 0.56 | % | | | 49 | % |
IB | | | 11.59 | | | | 0.04 | | | | 3.93 | | | | 3.97 | | | | (0.14 | ) | | | — | | | | (0.14 | ) | | | 15.42 | | | | 34.37 | | | | 123,884 | | | | 1.09 | | | | 1.09 | | | | 0.31 | | | | 49 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 9.44 | | | $ | 0.14 | | | $ | 2.20 | | | $ | 2.34 | | | $ | (0.13 | ) | | $ | — | | | $ | (0.13 | ) | | $ | 11.65 | | | | 24.95 | % | | $ | 323,934 | | | | 0.85 | % | | | 0.85 | % | | | 1.03 | % | | | 45 | % |
IB | | | 9.38 | | | | 0.10 | | | | 2.21 | | | | 2.31 | | | | (0.10 | ) | | | — | | | | (0.10 | ) | | | 11.59 | | | | 24.64 | | | | 112,996 | | | | 1.10 | | | | 1.10 | | | | 0.79 | | | | 45 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.32 | | | $ | 0.07 | | | $ | (0.95 | ) | | $ | (0.88 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 9.44 | | | | (8.56 | )% | | $ | 341,583 | | | | 0.83 | % | | | 0.83 | % | | | 0.57 | % | | | 43 | % |
IB | | | 10.29 | | | | 0.04 | | | | (0.95 | ) | | | (0.91 | ) | | | — | | | | — | | | | — | | | | 9.38 | | | | (8.79 | ) | | | 116,563 | | | | 1.08 | | | | 1.08 | | | | 0.32 | | | | 43 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 8.33 | | | $ | 0.05 | | | $ | 2.00 | | | $ | 2.05 | | | $ | (0.06 | ) | | $ | — | | | $ | (0.06 | ) | | $ | 10.32 | | | | 24.67 | % | | $ | 462,281 | | | | 0.85 | % | | | 0.85 | % | | | 0.57 | % | | | 57 | %(13) |
IB | | | 8.30 | | | | 0.03 | | | | 1.99 | | | | 2.02 | | | | (0.03 | ) | | | — | | | | (0.03 | ) | | | 10.29 | | | | 24.36 | | | | 163,498 | | | | 1.10 | | | | 1.10 | | | | 0.30 | | | | 57 | (13) |
| | | | | | | | | |
| Hartford Small Company HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 23.33 | | | $ | (0.01 | ) | | $ | 1.32 | | | $ | 1.31 | | | $ | — | | | $ | — | | | $ | — | | | $ | 24.64 | | | | 5.62 | %(4) | | $ | 1,327,434 | | | | 0.71 | %(5) | | | 0.71 | %(5) | | | (0.11 | )%(5) | | | 50 | % |
IB | | | 22.24 | | | | (0.04 | ) | | | 1.26 | | | | 1.22 | | | | — | | | | — | | | | — | | | | 23.46 | | | | 5.49 | (4) | | | 126,910 | | | | 0.96 | (5) | | | 0.96 | (5) | | | (0.36 | )(5) | | | 50 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 26.43 | | | $ | (0.09 | ) | | $ | 1.78 | | | $ | 1.69 | | | $ | — | | | $ | (4.79 | ) | | $ | (4.79 | ) | | $ | 23.33 | | | | 7.07 | % | | $ | 1,279,533 | | | | 0.71 | % | | | 0.71 | % | | | (0.35 | )% | | | 90 | % |
IB | | | 25.46 | | | | (0.15 | ) | | | 1.72 | | | | 1.57 | | | | — | | | | (4.79 | ) | | | (4.79 | ) | | | 22.24 | | | | 6.85 | | | | 123,799 | | | | 0.96 | | | | 0.96 | | | | (0.60 | ) | | | 90 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 19.74 | | | $ | (0.07 | ) | | $ | 8.60 | | | $ | 8.53 | | | $ | (0.02 | ) | | $ | (1.82 | ) | | $ | (1.84 | ) | | $ | 26.43 | | | | 44.38 | % | | $ | 1,354,821 | | | | 0.71 | % | | | 0.71 | % | | | (0.29 | )% | | | 96 | % |
IB | | | 19.06 | | | | (0.12 | ) | | | 8.34 | | | | 8.22 | | | | — | | | | (1.82 | ) | | | (1.82 | ) | | | 25.46 | | | | 44.28 | | | | 141,791 | | | | 0.96 | | | | 0.96 | | | | (0.54 | ) | | | 96 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 17.07 | | | $ | 0.03 | | | $ | 2.64 | | | $ | 2.67 | | | $ | — | | | $ | — | | | $ | — | | | $ | 19.74 | | | | 15.64 | % | | $ | 1,126,350 | | | | 0.72 | % | | | 0.72 | % | | | 0.16 | % | | | 110 | % |
IB | | | 16.56 | | | | (0.03 | ) | | | 2.53 | | | | 2.50 | | | | — | | | | — | | | | — | | | | 19.06 | | | | 15.10 | | | | 117,133 | | | | 0.97 | | | | 0.97 | | | | (0.13 | ) | | | 110 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 17.66 | | | $ | (0.02 | ) | | $ | (0.57 | ) | | $ | (0.59 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 17.07 | | | | (3.36 | )% | | $ | 1,090,883 | | | | 0.71 | % | | | 0.71 | % | | | (0.13 | )% | | | 99 | % |
IB | | | 17.18 | | | | (0.09 | ) | | | (0.53 | ) | | | (0.62 | ) | | | — | | | | — | | | | — | | | | 16.56 | | | | (3.62 | ) | | | 155,970 | | | | 0.96 | | | | 0.96 | | | | (0.38 | ) | | | 99 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 14.23 | | | $ | (0.01 | ) | | $ | 3.44 | | | $ | 3.43 | | | $ | — | | | $ | — | | | $ | — | | | $ | 17.66 | | | | 24.13 | % | | $ | 1,180,045 | | | | 0.73 | % | | | 0.73 | % | | | (0.08 | )% | | | 171 | % |
IB | | | 13.88 | | | | (0.06 | ) | | | 3.36 | | | | 3.30 | | | | — | | | | — | | | | — | | | | 17.18 | | | | 23.83 | | | | 212,281 | | | | 0.98 | | | | 0.98 | | | | (0.33 | ) | | | 171 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Small/Mid Cap Equity HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 9.47 | | | $ | 0.07 | | | $ | 0.27 | | | $ | 0.34 | | | $ | — | | | $ | — | | | $ | — | | | $ | 9.81 | | | | 3.59 | %(4) | | $ | 94,258 | | | | 0.86 | %(5) | | | 0.86 | %(5) | | | 1.42 | %(5) | | | 39 | % |
IB | | | 9.41 | | | | 0.06 | | | | 0.27 | | | | 0.33 | | | | — | | | | — | | | | — | | | | 9.74 | | | | 3.51 | (4) | | | 22,002 | | | | 1.11 | (5) | | | 1.11 | (5) | | | 1.17 | (5) | | | 39 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.29 | | | $ | 0.13 | | | $ | 0.43 | | | $ | 0.56 | | | $ | (0.18 | ) | | $ | (2.20 | ) | | $ | (2.38 | ) | | $ | 9.47 | | | | 5.22 | % | | $ | 98,069 | | | | 0.85 | % | | | 0.85 | % | | | 1.20 | % | | | 108 | % |
IB | | | 11.22 | | | | 0.10 | | | | 0.44 | | | | 0.54 | | | | (0.15 | ) | | | (2.20 | ) | | | (2.35 | ) | | | 9.41 | | | | 5.00 | | | | 23,239 | | | | 1.10 | | | | 1.10 | | | | 0.96 | | | | 108 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 8.90 | | | $ | 0.16 | | | $ | 3.08 | | | $ | 3.24 | | | $ | (0.14 | ) | | $ | (0.71 | ) | | $ | (0.85 | ) | | $ | 11.29 | | | | 37.51 | % | | $ | 117,395 | | | | 0.85 | % | | | 0.85 | % | | | 1.58 | % | | | 128 | % |
IB | | | 8.85 | | | | 0.13 | | | | 3.07 | | | | 3.20 | | | | (0.12 | ) | | | (0.71 | ) | | | (0.83 | ) | | | 11.22 | | | | 37.08 | | | | 26,362 | | | | 1.10 | | | | 1.10 | | | | 1.32 | | | | 128 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 8.93 | | | $ | 0.15 | | | $ | 1.21 | | | $ | 1.36 | | | $ | (0.06 | ) | | $ | (1.33 | ) | | $ | (1.39 | ) | | $ | 8.90 | | | | 15.87 | % | | $ | 106,339 | | | | 0.88 | % | | | 0.88 | % | | | 1.57 | % | | | 150 | % |
IB | | | 8.88 | | | | 0.13 | | | | 1.20 | | | | 1.33 | | | | (0.03 | ) | | | (1.33 | ) | | | (1.36 | ) | | | 8.85 | | | | 15.58 | | | | 24,774 | | | | 1.13 | | | | 1.13 | | | | 1.26 | | | | 150 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 9.85 | | | $ | 0.06 | | | $ | (0.23 | ) | | $ | (0.17 | ) | | $ | — | | | $ | (0.75 | ) | | $ | (0.75 | ) | | $ | 8.93 | | | | (1.13 | )% | | $ | 107,762 | | | | 0.87 | % | | | 0.87 | % | | | 0.60 | % | | | 196 | % |
IB | | | 9.83 | | | | 0.04 | | | | (0.24 | ) | | | (0.20 | ) | | | — | | | | (0.75 | ) | | | (0.75 | ) | | | 8.88 | | | | (1.38 | ) | | | 28,441 | | | | 1.12 | | | | 1.12 | | | | 0.34 | | | | 196 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 7.88 | | | $ | 0.07 | | | $ | 1.96 | | | $ | 2.03 | | | $ | (0.06 | ) | | $ | — | | | $ | (0.06 | ) | | $ | 9.85 | | | | 25.83 | % | | $ | 136,913 | | | | 0.87 | % | | | 0.87 | % | | | 0.82 | % | | | 300 | % |
IB | | | 7.86 | | | | 0.05 | | | | 1.96 | | | | 2.01 | | | | (0.04 | ) | | | — | | | | (0.04 | ) | | | 9.83 | | | | 25.52 | | | | 38,008 | | | | 1.12 | | | | 1.12 | | | | 0.59 | | | | 300 | |
| | | | | | | | | |
| Hartford SmallCap Growth HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 27.95 | | | $ | 0.04 | | | $ | 2.22 | | | $ | 2.26 | | | $ | — | | | $ | — | | | $ | — | | | $ | 30.21 | | | | 8.09 | %(4) | | $ | 740,086 | | | | 0.65 | %(5) | | | 0.65 | %(5) | | | 0.29 | %(5) | | | 34 | % |
IB | | | 27.44 | | | | 0.01 | | | | 2.17 | | | | 2.18 | | | | — | | | | — | | | | — | | | | 29.62 | | | | 7.94 | (4) | | | 135,898 | | | | 0.90 | (5) | | | 0.90 | (5) | | | 0.06 | (5) | | | 34 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 32.60 | | | $ | 0.06 | | | $ | 1.48 | | | $ | 1.54 | | | $ | (0.02 | ) | | $ | (6.17 | ) | | $ | (6.19 | ) | | $ | 27.95 | | | | 5.83 | % | | $ | 557,200 | | | | 0.65 | % | | | 0.65 | % | | | 0.19 | % | | | 117 | % |
IB | | | 32.17 | | | | (0.02 | ) | | | 1.46 | | | | 1.44 | | | | — | | | | (6.17 | ) | | | (6.17 | ) | | | 27.44 | | | | 5.57 | | | | 115,230 | | | | 0.90 | | | | 0.90 | | | | (0.06 | ) | | | 117 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 25.44 | | | $ | 0.05 | | | $ | 10.92 | | | $ | 10.97 | | | $ | (0.12 | ) | | $ | (3.69 | ) | | $ | (3.81 | ) | | $ | 32.60 | | | | 44.87 | % | | $ | 466,173 | | | | 0.67 | % | | | 0.67 | % | | | 0.16 | % | | | 81 | % |
IB | | | 25.14 | | | | (0.02 | ) | | | 10.77 | | | | 10.75 | | | | (0.03 | ) | | | (3.69 | ) | | | (3.72 | ) | | | 32.17 | | | | 44.50 | | | | 123,966 | | | | 0.92 | | | | 0.92 | | | | (0.08 | ) | | | 81 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 21.67 | | | $ | 0.11 | | | $ | 3.66 | | | $ | 3.77 | | | $ | — | | | $ | — | | | $ | — | | | $ | 25.44 | | | | 17.40 | % | | $ | 378,318 | | | | 0.67 | % | | | 0.67 | % | | | 0.41 | % | | | 85 | % |
IB | | | 21.47 | | | | 0.04 | | | | 3.63 | | | | 3.67 | | | | — | | | | — | | | | — | | | | 25.14 | | | | 17.10 | | | | 134,404 | | | | 0.92 | | | | 0.92 | | | | 0.16 | | | | 85 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 21.37 | | | $ | (0.02 | ) | | $ | 0.32 | | | $ | 0.30 | | | $ | — | | | $ | — | | | $ | — | | | $ | 21.67 | | | | 1.42 | % | | $ | 397,662 | | | | 0.67 | % | | | 0.67 | % | | | (0.07 | )% | | | 62 | % |
IB | | | 21.22 | | | | (0.07 | ) | | | 0.32 | | | | 0.25 | | | | — | | | | — | | | | — | | | | 21.47 | | | | 1.17 | | | | 144,022 | | | | 0.92 | | | | 0.92 | | | | (0.32 | ) | | | 62 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 15.65 | | | $ | — | | | $ | 5.72 | | | $ | 5.72 | | | $ | — | | | $ | — | | | $ | — | | | $ | 21.37 | | | | 36.56 | % | | $ | 467,888 | | | | 0.68 | % | | | 0.68 | % | | | 0.03 | % | | | 66 | % |
IB | | | 15.58 | | | | (0.04 | ) | | | 5.68 | | | | 5.64 | | | | — | | | | — | | | | — | | | | 21.22 | | | | 36.21 | | | | 164,123 | | | | 0.93 | | | | 0.93 | | | | (0.22 | ) | | | 66 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Stock HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 63.49 | | | $ | 0.58 | | | $ | (1.07 | ) | | $ | (0.49 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 63.00 | | | | (0.77 | )%(4) | | $ | 1,432,823 | | | | 0.51 | %(5) | | | 0.51 | %(5) | | | 1.81 | %(5) | | | 13 | % |
IB | | | 63.46 | | | | 0.49 | | | | (1.07 | ) | | | (0.58 | ) | | | — | | | | — | | | | — | | | | 62.88 | | | | (0.91 | )(4) | | | 164,739 | | | | 0.76 | (5) | | | 0.76 | (5) | | | 1.56 | (5) | | | 13 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 58.07 | | | $ | 1.07 | | | $ | 5.51 | | | $ | 6.58 | | | $ | (1.16 | ) | | $ | — | | | $ | (1.16 | ) | | $ | 63.49 | | | | 11.31 | % | | $ | 1,552,777 | | | | 0.50 | % | | | 0.50 | % | | | 1.79 | % | | | 20 | % |
IB | | | 58.04 | | | | 0.92 | | | | 5.50 | | | | 6.42 | | | | (1.00 | ) | | | — | | | | (1.00 | ) | | | 63.46 | | | | 11.04 | | | | 182,112 | | | | 0.75 | | | | 0.75 | | | | 1.54 | | | | 20 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 44.73 | | | $ | 0.99 | | | $ | 13.41 | | | $ | 14.40 | | | $ | (1.06 | ) | | $ | — | | | $ | (1.06 | ) | | $ | 58.07 | | | | 32.25 | % | | $ | 1,667,278 | | | | 0.51 | % | | | 0.51 | % | | | 1.89 | % | | | 27 | % |
IB | | | 44.71 | | | | 0.85 | | | | 13.40 | | | | 14.25 | | | | (0.92 | ) | | | — | | | | (0.92 | ) | | | 58.04 | | | | 31.92 | | | | 204,437 | | | | 0.76 | | | | 0.76 | | | | 1.64 | | | | 27 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 39.95 | | | $ | 0.91 | | | $ | 4.83 | | | $ | 5.74 | | | $ | (0.96 | ) | | $ | — | | | $ | (0.96 | ) | | $ | 44.73 | | | | 14.38 | % | | $ | 1,532,116 | | | | 0.51 | % | | | 0.51 | % | | | 1.86 | % | | | 82 | % |
IB | | | 39.92 | | | | 0.82 | | | | 4.81 | | | | 5.63 | | | | (0.84 | ) | | | — | | | | (0.84 | ) | | | 44.71 | | | | 14.10 | | | | 200,153 | | | | 0.76 | | | | 0.76 | | | | 1.61 | | | | 82 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 40.98 | | | $ | 0.62 | | | $ | (1.07 | ) | | $ | (0.45 | ) | | $ | (0.58 | ) | | $ | — | | | $ | (0.58 | ) | | $ | 39.95 | | | | (1.09 | )% | | $ | 1,614,788 | | | | 0.50 | % | | | 0.50 | % | | | 1.37 | % | | | 43 | % |
IB | | | 40.94 | | | | 0.51 | | | | (1.06 | ) | | | (0.55 | ) | | | (0.47 | ) | | | — | | | | (0.47 | ) | | | 39.92 | | | | (1.34 | ) | | | 231,377 | | | | 0.75 | | | | 0.75 | | | | 1.11 | | | | 43 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 36.10 | | | $ | 0.44 | | | $ | 4.89 | | | $ | 5.33 | | | $ | (0.45 | ) | | $ | — | | | $ | (0.45 | ) | | $ | 40.98 | | | | 14.80 | % | | $ | 1,980,502 | | | | 0.50 | % | | | 0.50 | % | | | 1.09 | % | | | 77 | % |
IB | | | 36.06 | | | | 0.35 | | | | 4.88 | | | | 5.23 | | | | (0.35 | ) | | | — | | | | (0.35 | ) | | | 40.94 | | | | 14.51 | | | | 300,279 | | | | 0.75 | | | | 0.75 | | | | 0.84 | | | | 77 | |
| | | | | | | | | |
| Hartford Total Return Bond HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.63 | | | $ | 0.15 | | | $ | (0.18 | ) | | $ | (0.03 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 11.60 | | | | (0.26 | )%(4) | | $ | 2,685,751 | | | | 0.51 | %(5) | | | 0.51 | %(5) | | | 2.64 | %(5) | | | 39 | % |
IB | | | 11.56 | | | | 0.14 | | | | (0.19 | ) | | | (0.05 | ) | | | — | | | | — | | | | — | | | | 11.51 | | | | (0.35 | )(4) | | | 329,324 | | | | 0.76 | (5) | | | 0.76 | (5) | | | 2.39 | (5) | | | 39 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.35 | | | $ | 0.33 | | | $ | 0.34 | | | $ | 0.67 | | | $ | (0.39 | ) | | $ | — | | | $ | (0.39 | ) | | $ | 11.63 | | | | 5.89 | % | | $ | 2,879,633 | | | | 0.50 | % | | | 0.50 | % | | | 2.85 | % | | | 84 | % |
IB | | | 11.27 | | | | 0.30 | | | | 0.34 | | | | 0.64 | | | | (0.35 | ) | | | — | | | | (0.35 | ) | | | 11.56 | | | | 5.68 | | | | 360,006 | | | | 0.75 | | | | 0.75 | | | | 2.60 | | | | 84 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.99 | | | $ | 0.32 | | | $ | (0.49 | ) | | $ | (0.17 | ) | | $ | (0.47 | ) | | $ | — | | | $ | (0.47 | ) | | $ | 11.35 | | | | (1.36 | )% | | $ | 3,290,622 | | | | 0.50 | % | | | 0.50 | % | | | 2.76 | % | | | 81 | % |
IB | | | 11.91 | | | | 0.29 | | | | (0.50 | ) | | | (0.21 | ) | | | (0.43 | ) | | | — | | | | (0.43 | ) | | | 11.27 | | | | (1.66 | ) | | | 414,910 | | | | 0.75 | | | | 0.75 | | | | 2.51 | | | | 81 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.63 | | | $ | 0.41 | | | $ | 0.45 | | | $ | 0.86 | | | $ | (0.50 | ) | | $ | — | | | $ | (0.50 | ) | | $ | 11.99 | | | | 7.54 | % | | $ | 3,572,511 | | | | 0.50 | % | | | 0.50 | % | | | 3.01 | % | | | 88 | % |
IB | | | 11.55 | | | | 0.40 | | | | 0.43 | | | | 0.83 | | | | (0.47 | ) | | | — | | | | (0.47 | ) | | | 11.91 | | | | 7.27 | | | | 566,274 | | | | 0.75 | | | | 0.75 | | | | 2.76 | | | | 88 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.90 | | | $ | 0.44 | | | $ | 0.31 | | | $ | 0.75 | | | $ | (0.02 | ) | | $ | — | | | $ | (0.02 | ) | | $ | 11.63 | | | | 6.99 | % | | $ | 3,718,609 | | | | 0.49 | % | | | 0.49 | % | | | 3.60 | % | | | 107 | % |
IB | | | 10.84 | | | | 0.42 | | | | 0.31 | | | | 0.73 | | | | (0.02 | ) | | | — | | | | (0.02 | ) | | | 11.55 | | | | 6.72 | | | | 632,685 | | | | 0.74 | | | | 0.74 | | | | 3.35 | | | | 107 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.58 | | | $ | 0.45 | | | $ | 0.34 | | | $ | 0.79 | | | $ | (0.47 | ) | | $ | — | | | $ | (0.47 | ) | | $ | 10.90 | | | | 7.51 | % | | $ | 4,026,583 | | | | 0.50 | % | | | 0.50 | % | | | 3.90 | % | | | 188 | % |
IB | | | 10.53 | | | | 0.44 | | | | 0.31 | | | | 0.75 | | | | (0.44 | ) | | | — | | | | (0.44 | ) | | | 10.84 | | | | 7.25 | | | | 722,317 | | | | 0.75 | | | | 0.75 | | | | 3.65 | | | | 188 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Ultrashort Bond HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.01 | | | $ | 0.01 | | | $ | 0.01 | | | $ | 0.02 | | | $ | — | | | $ | — | | | $ | — | | | $ | 10.03 | | | | 0.20 | %(4) | | $ | 668,066 | | | | 0.43 | %(5) | | | 0.43 | %(5) | | | 0.28 | %(5) | | | 23 | % |
IB | | | 9.98 | | | | — | | | | 0.01 | | | | 0.01 | | | | — | | | | — | | | | — | | | | 9.99 | | | | 0.10 | (4) | | | 107,728 | | | | 0.68 | (5) | | | 0.68 | (5) | | | 0.03 | (5) | | | 23 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.00 | | | $ | 0.02 | | | $ | (0.01 | ) | | $ | 0.01 | | | $ | — | | | $ | — | | | $ | — | | | $ | 10.01 | | | | 0.10 | % | | $ | 745,597 | | | | 0.43 | % | | | 0.43 | % | | | 0.23 | % | | | 40 | % |
IB | | | 9.99 | | | | — | | | | (0.01 | ) | | | (0.01 | ) | | | — | | | | — | | | | — | | | | 9.98 | | | | (0.10 | ) | | | 121,168 | | | | 0.68 | | | | 0.68 | | | | (0.02 | ) | | | 40 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013(6)(14) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.00 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 10.00 | | | | — | % | | $ | 1,013,110 | | | | 0.45 | % | | | 0.21 | % | | | (0.02 | )% | | | 6 | %(15) |
IB | | | 10.00 | | | | (0.01 | ) | | | — | | | | (0.01 | ) | | | — | | | | — | | | | — | | | | 9.99 | | | | (0.10 | ) | | | 163,058 | | | | 0.49 | | | | 0.25 | | | | (0.06 | ) | | | 6 | (15) |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6)(14) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.00 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 10.00 | | | | — | % | | $ | 1,603,657 | | | | 0.42 | % | | | 0.18 | % | | | — | % | | | — | %(16) |
IB | | | 10.00 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 10.00 | | | | — | | | | 272,464 | | | | 0.42 | | | | 0.18 | | | | — | | | | — | (16) |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6)(14) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.00 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 10.00 | | | | — | % | | $ | 1,970,312 | | | | 0.42 | % | | | 0.16 | % | | | — | % | | | — | %(16) |
IB | | | 10.00 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 10.00 | | | | — | | | | 376,648 | | | | 0.42 | | | | 0.16 | | | | — | | | | — | (16) |
| | | | | | | | | | |
For the Year Ended December 31, 2010(6)(14) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.00 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 10.00 | | | | — | % | | $ | 2,086,014 | | | | 0.43 | % | | | 0.22 | % | | | — | % | | | — | %(16) |
IB | | | 10.00 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 10.00 | | | | — | | | | 419,519 | | | | 0.43 | | | | 0.22 | | | | — | | | | — | (16) |
| | | | | | | | |
| Hartford U.S. Government Securities HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.37 | | | $ | 0.07 | | | $ | 0.04 | | | $ | 0.11 | | | $ | — | | | $ | — | | | $ | — | | | $ | 10.48 | | | | 1.06 | %(4) | | $ | 438,573 | | | | 0.49 | %(5) | | | 0.49 | %(5) | | | 1.42 | %(5) | | | 10 | % |
IB | | | 10.34 | | | | 0.06 | | | | 0.04 | | | | 0.10 | | | | — | | | | — | | | | — | | | | 10.44 | | | | 0.97 | (4) | | | 95,445 | | | | 0.74 | (5) | | | 0.74 | (5) | | | 1.17 | (5) | | | 10 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.32 | | | $ | 0.15 | | | $ | 0.14 | | | $ | 0.29 | | | $ | (0.24 | ) | | $ | — | | | $ | (0.24 | ) | | $ | 10.37 | | | | 2.81 | % | | $ | 468,967 | | | | 0.48 | % | | | 0.48 | % | | | 1.40 | % | | | 37 | % |
IB | | | 10.28 | | | | 0.12 | | | | 0.15 | | | | 0.27 | | | | (0.21 | ) | | | — | | | | (0.21 | ) | | | 10.34 | | | | 2.59 | | | | 102,235 | | | | 0.73 | | | | 0.73 | | | | 1.15 | | | | 37 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.75 | | | $ | 0.12 | | | $ | (0.30 | ) | | $ | (0.18 | ) | | $ | (0.25 | ) | | $ | — | | | $ | (0.25 | ) | | $ | 10.32 | | | | (1.68 | )% | | $ | 556,169 | | | | 0.49 | % | | | 0.49 | % | | | 1.14 | % | | | 39 | % |
IB | | | 10.71 | | | | 0.09 | | | | (0.30 | ) | | | (0.21 | ) | | | (0.22 | ) | | | — | | | | (0.22 | ) | | | 10.28 | | | | (1.97 | ) | | | 123,908 | | | | 0.74 | | | | 0.74 | | | | 0.89 | | | | 39 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.68 | | | $ | 0.16 | | | $ | 0.22 | | | $ | 0.38 | | | $ | (0.31 | ) | | $ | — | | | $ | (0.31 | ) | | $ | 10.75 | | | | 3.70 | % | | $ | 833,735 | | | | 0.48 | % | | | 0.48 | % | | | 1.20 | % | | | 86 | % |
IB | | | 10.63 | | | | 0.13 | | | | 0.23 | | | | 0.36 | | | | (0.28 | ) | | | — | | | | (0.28 | ) | | | 10.71 | | | | 3.44 | | | | 173,937 | | | | 0.73 | | | | 0.73 | | | | 0.95 | | | | 86 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.46 | | | $ | 0.21 | | | $ | 0.30 | | | $ | 0.51 | | | $ | (0.29 | ) | | $ | — | | | $ | (0.29 | ) | | $ | 10.68 | | | | 4.87 | % | | $ | 907,046 | | | | 0.48 | % | | | 0.48 | % | | | 1.61 | % | | | 426 | % |
IB | | | 10.40 | | | | 0.19 | | | | 0.29 | | | | 0.48 | | | | (0.25 | ) | | | — | | | | (0.25 | ) | | | 10.63 | | | | 4.61 | | | | 194,273 | | | | 0.73 | | | | 0.73 | | | | 1.36 | | | | 426 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.53 | | | $ | 0.28 | | | $ | 0.14 | | | $ | 0.42 | | | $ | (0.49 | ) | | $ | — | | | $ | (0.49 | ) | | $ | 10.46 | | | | 3.79 | % | | $ | 1,038,534 | | | | 0.47 | % | | | 0.47 | % | | | 2.59 | % | | | 270 | % |
IB | | | 10.48 | | | | 0.25 | | | | 0.12 | | | | 0.37 | | | | (0.45 | ) | | | — | | | | (0.45 | ) | | | 10.40 | | | | 3.53 | | | | 231,188 | | | | 0.72 | | | | 0.72 | | | | 2.34 | | | | 270 | |
The accompanying notes are an integral part of these financial statements.
Financial Highlights – (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | — Selected Per-Share Data(1) — | | | — Ratios and Supplemental Data — | |
Class | | Net Asset
Value at,
Beginning
of Period | | | Net
Investment
Income
(Loss) | | | Net
Realized
and
Unrealized
Gain (Loss)
on
Investments | | | Total from
Investment
Operations | | | Dividends
from Net
Investment
Income | | | Distributions
from
Realized
Capital
Gains | | | Total
Dividends
and
Distributions | | | Net
Asset
Value
End of
Period | | | Total
Return(2) | | | Net
Assets at
End of
Period
(000s) | | | Ratio of
Expenses
to
Average
Net
Assets
Before
Adjust-
ments(3) | | | Ratio of
Expenses
to
Average
Net
Assets
After
Adjust-
ments(3) | | | Ratio of
Net
Investment
Income
(Loss) to
Average
Net Assets | | | Portfolio
Turnover | |
| Hartford Value HLS Fund | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
For the Six-Month Period Ended June 30, 2015 (Unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 16.89 | | | $ | 0.12 | | | $ | 0.05 | | | $ | 0.17 | | | $ | — | | | $ | — | | | $ | — | | | $ | 17.06 | | | | 1.01 | %(4) | | $ | 492,768 | | | | 0.77 | %(5) | | | 0.77 | %(5) | | | 1.45 | %(5) | | | 11 | % |
IB | | | 16.88 | | | | 0.10 | | | | 0.04 | | | | 0.14 | | | | — | | | | — | | | | — | | | | 17.02 | | | | 0.83 | (4) | | | 91,540 | | | | 1.02 | (5) | | | 1.02 | (5) | | | 1.20 | (5) | | | 11 | |
| | | | | | | | | | |
For the Year Ended December 31, 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 15.39 | | | $ | 0.24 | | | $ | 1.51 | | | $ | 1.75 | | | $ | (0.25 | ) | | $ | — | | | $ | (0.25 | ) | | $ | 16.89 | | | | 11.37 | % | | $ | 523,661 | | | | 0.77 | % | | | 0.77 | % | | | 1.51 | % | | | 14 | % |
IB | | | 15.38 | | | | 0.20 | | | | 1.51 | | | | 1.71 | | | | (0.21 | ) | | | — | | | | (0.21 | ) | | | 16.88 | | | | 11.10 | | | | 98,407 | | | | 1.02 | | | | 1.02 | | | | 1.26 | | | | 14 | |
| | | | | | | | | | |
For the Year Ended December 31, 2013 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 11.86 | | | $ | 0.23 | | | $ | 3.55 | | | $ | 3.78 | | | $ | (0.25 | ) | | $ | — | | | $ | (0.25 | ) | | $ | 15.39 | | | | 31.94 | % | | $ | 551,350 | | | | 0.76 | % | | | 0.76 | % | | | 1.66 | % | | | 19 | % |
IB | | | 11.85 | | | | 0.20 | | | | 3.54 | | | | 3.74 | | | | (0.21 | ) | | | — | | | | (0.21 | ) | | | 15.38 | | | | 31.65 | | | | 109,081 | | | | 1.01 | | | | 1.01 | | | | 1.41 | | | | 19 | |
| | | | | | | | | | |
For the Year Ended December 31, 2012(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.37 | | | $ | 0.26 | | | $ | 1.50 | | | $ | 1.76 | | | $ | (0.27 | ) | | $ | — | | | $ | (0.27 | ) | | $ | 11.86 | | | | 16.99 | % | | $ | 549,228 | | | | 0.76 | % | | | 0.76 | % | | | 2.02 | % | | | 22 | % |
IB | | | 10.36 | | | | 0.23 | | | | 1.50 | | | | 1.73 | | | | (0.24 | ) | | | — | | | | (0.24 | ) | | | 11.85 | | | | 16.69 | | | | 103,438 | | | | 1.01 | | | | 1.01 | | | | 1.77 | | | | 22 | |
| | | | | | | | | | |
For the Year Ended December 31, 2011(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 10.77 | | | $ | 0.20 | | | $ | (0.41 | ) | | $ | (0.21 | ) | | $ | (0.19 | ) | | $ | — | | | $ | (0.19 | ) | | $ | 10.37 | | | | (1.96 | )% | | $ | 591,278 | | | | 0.75 | % | | | 0.75 | % | | | 1.65 | % | | | 16 | % |
IB | | | 10.76 | | | | 0.17 | | | | (0.41 | ) | | | (0.24 | ) | | | (0.16 | ) | | | — | | | | (0.16 | ) | | | 10.36 | | | | (2.20 | ) | | | 111,486 | | | | 1.00 | | | | 1.00 | | | | 1.40 | | | | 16 | |
| | | | | | | | | | |
For the Year Ended December 31, 2010 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
IA | | $ | 9.50 | | | $ | 0.13 | | | $ | 1.26 | | | $ | 1.39 | | | $ | (0.12 | ) | | $ | — | | | $ | (0.12 | ) | | $ | 10.77 | | | | 14.67 | % | | $ | 741,230 | | | | 0.78 | % | | | 0.78 | % | | | 1.36 | % | | | 47 | %(17) |
IB | | | 9.50 | | | | 0.11 | | | | 1.25 | | | | 1.36 | | | | (0.10 | ) | | | — | | | | (0.10 | ) | | | 10.76 | | | | 14.38 | | | | 154,731 | | | | 1.03 | | | | 1.03 | | | | 1.11 | | | | 47 | (17) |
| (1) | Information presented relates to a share outstanding throughout the indicated period. Net investment income (loss) per share amounts are calculated based on average shares outstanding unless otherwise noted. |
| (2) | 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. |
| (3) | Adjustments include waivers and reimbursements, if applicable. Ratios do not include fees paid indirectly (see Expenses in the accompanying Notes to Financial Statements). |
| (6) | Net investment income (loss) per share amounts have been calculated using the Securities and Exchange Commission method. |
| (7) | During the year ended December 31, 2010, the Fund incurred $204.5 million in purchases associated with the transition of assets from Hartford Global Advisers HLS Fund, which merged into the Fund on March 19, 2010. These purchases were excluded from the portfolio turnover calculation. |
| (8) | Commenced operations on April 30, 2014. |
| (9) | Included in this amount are tax distributions from capital of ($0.03). |
| (10) | During the year ended December 31, 2014, the Fund incurred $61.8 million in sales associated with the transition of assets from The Hartford Global Research HLS Fund, which merged into the Fund on June 23, 2014. These sales were excluded from the portfolio turnover rate calculation. |
| (11) | During the year ended December 31, 2014, the Fund incurred $137.9 million in sales associated with the transition of assets from Hartford International Growth HLS Fund, which merged into the Fund on June 23, 2014. These sales were excluded from the portfolio turnover rate calculation. |
| (12) | During the year ended December 31, 2010, the Fund incurred $456.2 million in sales associated with the transition of assets from Hartford International Growth HLS Fund and Hartford International Small Company HLS Fund, which merged into the Fund on April 16, 2010. These sales were excluded from the portfolio turnover calculation. |
| (13) | During the year ended December 31, 2010, the Fund incurred $89.7 million in purchases associated with the transition of assets from Hartford SmallCap Value HLS Fund, which merged into the Fund on July 30, 2010. These purchases were excluded from the portfolio turnover calculation. |
| (14) | Per share amounts have been restated to reflect a reverse stock split effective October 21, 2013. Please see Notes to Financial Statements. |
| (15) | Portfolio turnover shown is from October 21, 2013 (conversion date) through December 31, 2013. |
| (16) | The Fund was managed as a money market fund and portfolio turnover was not calculated. |
| (17) | During the year ended December��31, 2010, the Fund incurred $269.8 million in sales associated with the transition of assets from Hartford Equity Income HLS Fund and Hartford Value Opportunities HLS Fund, which merged into the Fund on March 19, 2010. These sales were excluded from the portfolio turnover calculation. |
The accompanying notes are an integral part of these financial statements.
Notes to Financial Statements
June 30, 2015 (Unaudited)
Hartford Series Fund, Inc. and Hartford HLS Series Fund II, Inc. (collectively, the “Companies” and each a “Company”) are each an open-end registered management investment company comprised of fifteen and four series, respectively, as of June 30, 2015. Each Company is organized under the laws of the State of Maryland and is registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). Financial statements for each series of each Company (individually, a “Fund” and collectively, the “Funds”), listed below are included in this report.
Hartford Series Fund, Inc.:
Hartford Balanced HLS Fund (the “Balanced HLS Fund”)
Hartford Capital Appreciation HLS Fund (the “Capital Appreciation HLS Fund”)
Hartford Disciplined Equity HLS Fund (the “Disciplined Equity HLS Fund”)
Hartford Dividend and Growth HLS Fund (the “Dividend and Growth HLS Fund”)
Hartford Global Growth HLS Fund (the “Global Growth HLS Fund”)
Hartford Healthcare HLS Fund (the “Healthcare HLS Fund”)
Hartford High Yield HLS Fund (the “High Yield HLS Fund”)
Hartford International Opportunities HLS Fund (the “International Opportunities HLS Fund”)
Hartford MidCap HLS Fund (the “MidCap HLS Fund”)
Hartford MidCap Value HLS Fund (the “MidCap Value HLS Fund”)
Hartford Small Company HLS Fund (the “Small Company HLS Fund”)
Hartford Stock HLS Fund (the “Stock HLS Fund”)
Hartford Total Return Bond HLS Fund (the “Total Return Bond HLS Fund”)
Hartford Ultrashort Bond HLS Fund (the “Ultrashort Bond HLS Fund”)
Hartford Value HLS Fund (the “Value HLS Fund”)
Hartford HLS Series Fund II, Inc.:
Hartford Growth Opportunities HLS Fund (the “Growth Opportunities HLS Fund”)
Hartford Small/Mid Cap Equity HLS Fund (the “Small/Mid Cap Equity HLS Fund”)
Hartford SmallCap Growth HLS Fund (the “SmallCap Growth HLS Fund”)
Hartford U.S. Government Securities HLS Fund (the “U.S. Government Securities HLS Fund”)
Each Fund serves as an underlying investment option for certain variable annuity and variable life insurance separate accounts of Hartford Life Insurance Company (“HLIC”) and its affiliates and certain qualified retirement plans. Each Fund may also serve as an underlying investment option for certain variable annuity and variable life separate accounts of other insurance companies. Owners of variable annuity contracts and policyholders of variable life insurance contracts may choose the funds permitted in the variable insurance contract prospectus. In addition, participants in certain qualified retirement plans may choose the Funds if permitted by their plans.
The Global Growth HLS Fund’s portfolio managers are Matthew D. Hudson (50%) and John A. Boselli (50%). The SmallCap Growth HLS Fund’s portfolio managers are Mammen Chally (80%) and David J. Elliot (20%). The Small Company HLS Fund’s portfolio managers are Steven C. Angeli (91%), Mammen Chally (7%) and Jamie A. Rome (2%). The Small Company HLS Fund portfolio management team also includes Mario E. Abularach and Stephen Mortimer.
Each Fund is a diversified open-end management investment company. Each Fund applies specialized accounting and reporting under Accounting Standards and Codification Topic 946, Financial Services – Investment Companies.
Each Fund, except Balanced HLS Fund, Capital Appreciation HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, Small/Mid Cap Equity HLS Fund and Stock HLS Fund, is divided into Class IA and Class IB shares. Balanced HLS Fund, Capital Appreciation HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, Small/Mid Cap Equity HLS Fund and Stock HLS Fund are divided into Class IA, Class IB and Class IC shares. Class IC shares have not commenced operations for Balanced HLS Fund, Dividend and Growth HLS Fund, Global Growth HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund, and Small/Mid Cap Equity HLS Fund and Stock HLS Fund as of the date of this report. Each class is offered at the per share net asset value (“NAV”) without a sales charge and is subject to the same expenses, except that the Class IB shares are subject to
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
distribution and service fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act and Class IC shares are subject to distribution fees charged pursuant to a Distribution Plan adopted in accordance with Rule 12b-1 under the 1940 Act and are also subject to an administrative service fee.
| 2. | Significant Accounting Policies: |
The following is a summary of significant accounting policies of each Fund in the preparation of its financial statements, which are in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”). The preparation of financial statements in accordance with U.S. GAAP may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.
| | a) | Determination of Net Asset Value – The NAV of each class of each Fund’s shares is determined as of the close of regular trading (normally 4:00 p.m. Eastern Time) (the “NYSE Close”) on each day that the New York Stock Exchange (the “Exchange”) is open (“Valuation Date”). Information that becomes known to the Funds after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the NAV determined earlier that day. |
| | b) | Investment Valuation and Fair Value Measurements – For purposes of calculating the NAV, portfolio investments and other assets held by each Fund’s portfolio for which market quotes are readily available are valued at market value. Market value is generally determined on the basis of last reported sales prices or official close price. If no sales are reported, market value is based on quotes obtained from a quotation reporting system, established market makers, or independent pricing services. If market prices are not readily available or are deemed unreliable, each Fund will use the fair value of the investment as determined in good faith under policies and procedures established by and under the supervision of each Company’s Board of Directors. Market quotes are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or indicative market quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close, that materially affect the values of each Fund’s portfolio investments or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the investments trade do not open for trading for the entire day and no other market prices are available. In addition, prices of foreign equities that are principally traded on certain foreign markets may be adjusted daily pursuant to a fair value pricing service approved by each Company’s Board of Directors in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close. Investments that are primarily traded on foreign markets may trade on days that are not business days of the Funds. The value of the foreign investments in which a Fund invests may change on days when a shareholder will not be able to purchase or redeem shares of the Fund. Fair value pricing is subjective in nature and the use of fair value pricing by a Fund may cause the NAV of its shares to differ significantly from the NAV that would have been calculated using market prices at the close of the exchange on which a portfolio investment is primarily traded. There can be no assurance that a Fund could obtain the fair market value assigned to an investment if the Fund were to sell the investment at approximately the time at which the Fund determines its NAV. |
Fixed income investments (other than short-term obligations), non-exchange traded derivatives and centrally cleared swaps held by a Fund are normally valued on the basis of quotes obtained from independent pricing services or brokers and dealers in accordance with procedures established by each Company’s Board of Directors. Prices obtained from independent pricing services use information provided by market makers or estimates of market values through accepted market modeling, trading and pricing conventions. Inputs to the models may include, but are not limited to, prepayment speeds, pricing spread, yield, trade information, dealer quotes, market color, cash flow models and the investment’s terms and conditions. Generally, a Fund may use fair valuation in regard to fixed income investments when the Fund holds defaulted or distressed investments or investments in a company in which a reorganization is pending. Senior floating rate interests generally trade in over-the-counter (“OTC”) markets and are priced through an independent pricing service utilizing independent market quotations from loan dealers or financial institutions. A composite bid price is used, which is an average of the dealer marks and dealer runs. Short-term investments maturing in 60 days or less are generally valued at amortized cost, if their original term to maturity was 60 days or less, or by amortizing their value on the 61st day prior to maturity, if the original term to maturity exceeded 60 days, which approximates fair value.
Exchange traded options, futures and options on futures are valued at the settlement price or last trade price determined by the relevant exchange as of the NYSE Close. If the last trade price for exchange traded options does not fall between the bid and ask prices, the value will be the mean of the bid and ask prices as of the NYSE Close. If a last trade price is not available, the value will be the mean of the bid and ask prices as of the NYSE Close. If a mean of the bid and ask prices cannot be calculated for the day, the
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
value will be the bid price as of the NYSE Close. In the case of over-the-counter (“OTC”) options and such instruments that do not trade on an exchange, values may be supplied by a pricing service using a formula or other objective method that may take into consideration the style, direction, expiration, strike price, notional value and volatility or other special adjustments.
Investments valued in currencies other than U.S. dollars are converted to U.S. dollars using exchange rates obtained from independent pricing services for calculation of the NAV. As a result, the NAV of certain Funds’ shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the market value may change on days when an investor is not able to purchase, redeem or exchange shares of the Funds.
Foreign currency contracts represent agreements to exchange currencies on specific future dates at predetermined rates. Foreign currency contracts are valued using foreign currency exchange rates and forward rates as provided by an independent pricing service on the Valuation Date.
Investments in open-end mutual funds are valued at the respective NAV of each open-end mutual fund on the Valuation Date.
Financial instruments for which prices are not available from an independent pricing service may be valued using market quotations obtained from one or more dealers that make markets in the respective financial instrument in accordance with procedures established by each Company’s Board of Directors.
U.S. GAAP defines fair value as the price that the Funds would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants. The U.S. GAAP fair value measurement standards require disclosure of a fair value hierarchy for each major category of assets and liabilities. Various inputs are used in determining the fair value of each Fund’s investments. These inputs are summarized into three broad hierarchy levels. This hierarchy is based on whether the valuation inputs are observable or unobservable. These levels are:
| | • | | Level 1 – Quoted prices in active markets for identical investments. Level 1 may include exchange traded instruments, such as domestic equities, some foreign equities, options, futures, mutual funds, exchange traded funds, rights and warrants. |
| | • | | Level 2 – Observable inputs other than Level 1 prices, such as quoted prices for similar investments; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 2 may include debt investments that are traded less frequently than exchange traded instruments and which are valued using independent pricing services; foreign equities, which are principally traded on certain foreign markets and are adjusted daily pursuant to a fair value pricing service in order to reflect an adjustment for the factors occurring after the close of certain foreign markets but before the NYSE Close; senior floating rate interests, which are valued using an aggregate of dealer bids; short-term investments, which are valued at amortized cost; and swaps, which are valued based upon the terms of each swap contract. |
| | • | | Level 3 – Significant unobservable inputs that are supported by limited or no market activity. Level 3 may include financial instruments whose values are determined using indicative market quotes or require significant management judgment or estimation. These unobservable valuation inputs may include estimates for current yields, maturity/duration, prepayment speed, and indicative market quotes for comparable investments along with other assumptions relating to credit quality, collateral value, complexity of the investment structure, general market conditions and liquidity. This category may include investments where trading has been halted or there are certain restrictions on trading. While these investments are priced using unobservable inputs, the valuation of these investments reflects the best available data and management believes the prices are a reasonable representation of exit price. |
The Board of Directors of each Company generally reviews and approves the “Procedures for Valuation of Portfolio Investments” at least once a year. These procedures define how investments are to be valued, including the formation and activities of a Valuation Committee. The Valuation Committee is responsible for determining in good faith the fair value of investments when the value cannot be obtained from primary pricing services or alternative sources or if the valuation of an investment as provided by the primary pricing service or alternative source is believed not to reflect the investment’s fair value as of the Valuation Date. Voting members of the Valuation Committee include each Company’s Treasurer or designee and a Vice President of the investment manager or designee. A Vice President of each Company with legal expertise or designee is also included on the Valuation Committee as a non-voting advisory member. In addition, each Company’s Chief Compliance Officer shall designate a member of the compliance group to attend Valuation Committee meetings as a non-voting resource, to monitor for and provide guidance with respect to compliance with these procedures. Two members of the Valuation Committee or their designees, representing different departments, shall constitute a
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
quorum for purposes of permitting the Valuation Committee to take action. The Valuation Committee will consider all relevant factors in determining an investment’s fair value, and may seek the advice of each Fund’s subadviser, as applicable, knowledgeable brokers, and legal counsel in making such determination. The Valuation Committee reports to the Audit Committee of each Company’s Board of Directors. The Audit Committee receives quarterly written reports which include details of all fair-valued investments, including the reason for the fair valuation, and an indication, when possible, of the accuracy of the valuation by disclosing the next available reliable public price quotation or the disposition price of such investments (the “lookback” test). The Board of Directors of each Company then must consider for ratification all of the fair value determinations made during the previous quarter.
Valuation levels are not necessarily indicative of the risk associated with investing in such investments. Individual investments within any of the above mentioned asset classes may be assigned a different hierarchical level than those presented above, as individual circumstances dictate.
For additional information, refer to the Fair Valuation Summary and the Level 3 roll-forward reconciliation, if applicable, which follows each Fund’s Schedule of Investments.
| | c) | Investment Transactions and Investment Income – Investment transactions are recorded as of the trade date (the date the order to buy or sell is executed) for financial reporting purposes. Investments purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses are determined on the basis of identified cost. |
Trade date for senior floating rate interests purchased in the primary loan market is considered the date on which the loan allocations are determined. Trade date for senior floating rate interests purchased in the secondary loan market is the date on which the transaction is entered into.
Dividend income from domestic securities is accrued on the ex-dividend date. In general, dividend income from foreign securities is recorded on the ex-date; however, dividend notifications in certain foreign jurisdictions may not be available in a timely manner and as a result, certain Funds will record the dividend as soon as the relevant details (i.e., rate per share, payment date, shareholders of record, etc.) are publicly available. Interest income, including amortization of premium, accretion of discounts, inflation adjustments and additional principal received in-kind in lieu of cash, is accrued on a daily basis. Paydown gains and losses on mortgage related and other asset backed securities are included in interest income in the Statements of Operations, as applicable.
| | d) | Taxes – A Fund may be subject to taxes imposed on realized gains on securities of certain foreign countries in which such Fund invests. The amount of foreign tax expense is included on the accompanying Statements of Operations as a reduction to net realized gain on investments in these securities. |
| | e) | Foreign Currency Transactions – Assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investments, income and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions. |
The Funds do not isolate that portion of portfolio investment valuation resulting from fluctuations in the foreign currency exchange rates from the fluctuations arising from changes in the market prices of investments held. Exchange rate fluctuations are included with the net realized and unrealized gain or loss on investments in the accompanying financial statements.
Net realized foreign exchange gains or losses arise from sales of foreign currencies and the difference between asset and liability amounts initially stated in foreign currencies and the U.S. dollar value of the amounts actually received or paid. Net unrealized foreign exchange gains or losses arise from changes in the value of other assets and liabilities at the end of the reporting period, resulting from changes in the exchange rates.
| | f) | Joint Trading Account – Each Fund may invest cash balances into a joint trading account that may be invested in one or more repurchase agreements. |
| | g) | Fund Share Valuation and Dividend Distributions to Shareholders – Orders for each Fund’s shares are executed in accordance with the investment instructions of the contract holders and plan participants. The NAV of each Fund’s shares is determined as of the close of business on each business day of the Exchange (see Note 2(a)). The NAV is determined separately for each class of shares of a Fund by dividing the Fund’s net assets attributable to that class by the number of shares of the class outstanding. Each class of shares offered by a Fund has equal rights as to assets and voting privileges (except that shareholders of a class have exclusive voting |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | rights regarding any matter relating solely to that class of shares). Income and non-class specific expenses are allocated daily to each class on the basis of the relative net assets of the class. Realized and unrealized gains and losses are allocated daily based on the relative net assets of each class of shares of each Fund. |
Orders for the purchase of a Fund’s shares received prior to the close of the Exchange on any day the Exchange is open for business are priced at the NAV determined as of the close of the Exchange. Orders received after the close of the Exchange, or on a day on which the Exchange and/or the Funds are not open for business, are priced at the next determined NAV.
Dividends are declared pursuant to a policy adopted by each Company’s Board of Directors. Dividends and/or distributions to shareholders are recorded on ex-date. The policy of each Fund is to pay dividends from net investment income and realized gains, if any, at least once a year.
Income dividends and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP with respect to character and timing (see the Federal Income Taxes: Distributions and Components of Distributable Earnings and Reclassification of Capital Accounts notes).
| 3. | Securities and Other Investments: |
| | a) | Repurchase Agreements – A repurchase agreement is an agreement by which a counterparty agrees to sell an investment and agrees to repurchase the investment sold from the buyer at a mutually agreed upon time and price. During the period of the repurchase agreement, the counterparty will deposit cash and or securities in a third party custodial account to serve as collateral. At the time a Fund enters into a repurchase agreement, the value of the underlying collateral, including accrued interest, will be equal to or exceed the value of the repurchase agreement. Repurchase agreements expose a Fund to counterparty risk – that is, the risk that the counterparty will not fulfill its obligations. To minimize counterparty risk, the investments that serve to collateralize the repurchase agreement are held by a Fund’s custodian in book entry or physical form in the custodial account of the Fund or in a third party custodial account. Repurchase agreements are valued at cost plus accrued interest, which approximates fair value. Repurchase agreements have master netting arrangements which allow the Funds to offset amounts owed to a counterparty with amounts owed by the counterparty, including any collateral. Upon an event of default under a master repurchase agreement, the nondefaulting party may close out all transactions traded under such agreement and net amounts owed under each transaction to one net amount payable by one party to the other. Absent an event of default, the master repurchase agreement does not result in an offset of reported amounts of assets and liabilities in the Statements of Assets and Liabilities across transactions between a Fund and the applicable counterparty. See each Fund’s Schedule of Investments, if applicable, for outstanding repurchase agreements and related collateral as of June 30, 2015. |
| | b) | Illiquid and Restricted Investments – Each Fund is permitted to invest up to 15% of its net assets in illiquid investments. Illiquid investments are those that may not be sold or disposed of in the ordinary course of business within seven days, at approximately the price used to determine a Fund’s NAV. A Fund may not be able to sell illiquid investments when its sub-adviser considers it desirable to do so or may have to sell such investments at a price that is lower than the price that could be obtained if the investments were more liquid. A sale of illiquid investments may require more time and may result in higher dealer discounts and other selling expenses than does the sale of those that are liquid. Illiquid investments also may be more difficult to value due to the unavailability of reliable market quotations for such investments, and an investment in them may have an adverse impact on a Fund’s NAV. Each Fund may also purchase certain restricted investments that can only be resold to certain qualified investors and may be determined to be liquid pursuant to policies and guidelines established by each Company’s Board of Directors. See each Fund’s Schedule of Investments, if applicable, for illiquid or restricted investments as of June 30, 2015. |
| | c) | Investments Purchased on a When-Issued or Delayed-Delivery Basis – Delivery and payment for investments that have been purchased by a Fund on a forward commitment, or when-issued or delayed-delivery basis, take place beyond the customary settlement period. A Fund may dispose of or renegotiate a delayed-delivery transaction after it is entered into, and may sell delayed-delivery investments before they are delivered, which may result in a realized gain or loss. During this period, such investments are subject to market fluctuations, and a Fund identifies investments segregated in its records with a value at least equal to the amount of the commitment. See each Fund’s Schedule of Investments, if applicable, for when-issued or delayed-delivery investments as of June 30, 2015. |
In connection with each Fund’s ability to purchase investments on a when-issued or forward commitment basis, a Fund may enter into to-be announced (“TBA”) commitments. TBA commitments are forward agreements for the purchase or sale of mortgage backed
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
securities for a fixed price, with payment and delivery on an agreed-upon future settlement date. The specific securities to be delivered are not identified at the trade date; however, delivered securities must meet specified terms, including issuer, rate and mortgage terms. Although a Fund may enter into TBA commitments with the intention of acquiring or delivering securities for its portfolio, the Fund can extend the settlement date, roll the transaction, or dispose of a commitment prior to settlement if deemed appropriate to do so. If the TBA commitment is closed through the acquisition of an offsetting TBA commitment, the Fund realizes a gain or loss. In a TBA roll transaction, a Fund generally purchases or sells the initial TBA commitment prior to the agreed upon settlement date and enters into a new TBA commitment for future delivery or receipt of the mortgage backed securities. TBA commitments involve a risk of loss if the value of the security to be purchased or sold declines or increases, respectively, prior to settlement date.
Each Fund may enter into “dollar rolls” in which a Fund sells securities and contracts with the same counterparty to repurchase substantially similar securities (for example, same issuer, coupon and maturity) on a specified future date at an agreed upon price. A Fund gives up the right to receive interest paid on the investments sold. The Fund would benefit to the extent of any differences between the price received for the security and the lower forward price for the future purchase. Dollar rolls involve the risk that the market value of the securities that a Fund is required to purchase may decline below the agreed upon repurchase price of those securities. A Fund records dollar roll transactions as purchases and sales and realizes gains and losses on these transactions. These transactions are excluded from the Funds’ portfolio turnover rate. See each Fund’s Schedule of Investments, if applicable, for open dollar roll transactions as of June 30, 2015.
| | d) | 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. A Fund may invest in multiple series or tranches of a senior floating rate interest, which may have varying terms and carry different associated risks. A Fund may also enter into unfunded loan commitments, which are contractual obligations for future funding. Unfunded loan commitments may include revolving credit facilities, which may obligate the Fund to supply additional cash to the borrower on demand. Unfunded loan commitments represent a future obligation in full. A Fund may receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a senior floating rate interest. In certain circumstances, a Fund may receive various fees upon the restructure of a senior floating rate interest by a borrower. Fees earned/paid may be recorded as a component of income or realized gain/loss in the Statements of Operations. |
Senior floating rate interests are typically rated below-investment-grade, which suggests they are more likely to default and generally pay higher interest rates than investment-grade loans. A default could lead to non-payment of income, which would result in a reduction of income to the Fund, and there can be no assurance that the liquidation of any collateral would satisfy the Borrower’s obligation in the event of non-payment of scheduled interest or principal payments, or that such collateral could be readily liquidated. See each Fund’s Schedule of Investments, if applicable, for outstanding senior floating rate interests as of June 30, 2015.
| | e) | Mortgage Related and Other Asset Backed Securities – Certain Funds may invest in mortgage related and other asset backed securities. These securities include mortgage pass-through securities, collateralized mortgage obligations, commercial mortgage backed securities, stripped mortgage backed securities, asset backed securities, collateralized debt obligations and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. Mortgage related securities are created from pools of residential or commercial mortgage loans, including mortgage loans made by savings and loan institutions, mortgage bankers, commercial banks and others. Asset backed securities are created from many types of assets, including auto loans, credit card receivables, home equity loans, and student loans. These securities provide a monthly payment that consists of both interest and principal payments. Interest payments may be determined by fixed or adjustable rates. The rate of prepayments on underlying mortgages will affect the price and volatility of a mortgage related security, and may have the effect of shortening or extending the effective duration of the security relative to what was anticipated at the time of purchase. The timely payment of principal and interest of certain mortgage related securities is guaranteed by the full faith and credit of the United States Government. Mortgage related and other asset backed securities created and guaranteed by non-governmental issuers, including government-sponsored corporations, may be supported by various forms of insurance or guarantees, but there can be no assurance that the private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. See each Fund’s Schedule of Investments, if applicable, for mortgage related and other asset backed securities as of June 30, 2015. |
| | f) | Inflation Indexed Bonds – Certain Funds may invest in inflation indexed bonds. Inflation indexed bonds are fixed income investments whose principal value is periodically adjusted to the rate of inflation. The interest rate on these bonds is generally fixed at issuance at |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | a rate lower than typical bonds. Over the life of an inflation indexed bond, however, interest will be paid based on a principal value, which is adjusted for inflation. Any increase or decrease in the principal amount of an inflation indexed bond will be included as interest income on the Statements of Operations, even though investors do not receive the principal amount until maturity. See each Fund’s Schedule of Investments, if applicable, for inflation indexed bonds as of June 30, 2015. |
| 4. | Financial Derivative Instruments: |
The following disclosures contain information on how and why the Funds use derivative instruments, the credit-risk-related contingent features in certain derivative instruments, and how derivative instruments affect a Fund’s financial position and results of operations. The location and fair value amounts of these instruments on the Statements of Assets and Liabilities and the realized gains and losses and changes in unrealized gains and losses on the Statements of Operations, each categorized by type of derivative contract, are included in the following Additional Derivative Instrument Information footnote. The derivative instruments outstanding as of period-end are disclosed in the notes to the Schedules of Investments, if applicable. The amounts of realized gains and losses and changes in unrealized gains and losses on derivative instruments during the period are disclosed in the Statements of Operations.
| | a) | Foreign Currency Contracts – Each Fund may enter into foreign currency contracts that obligate the Fund to purchase or sell currencies at specified future dates. Foreign currency contracts are used to hedge the currency exposure associated with some or all of a Fund’s investments and/or as part of an investment strategy. Foreign currency contracts are marked to market daily and the change in value is recorded by a Fund as an unrealized gain or loss. A Fund will record a realized gain or loss when the foreign currency contract is settled. |
Foreign currency contracts involve elements of market risk in excess of the amounts reflected in the 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. See each Fund’s Schedule of Investments, if applicable, for outstanding foreign currency contracts as of June 30, 2015.
| | b) | Futures Contracts – Each Fund may enter into futures contracts. A futures contract is an agreement between two parties to buy or sell an asset at a set price on a future date. A Fund uses futures contracts to manage or obtain exposure to the investment markets, commodities, or movements in interest rates and currency values. The primary risks associated with the use of futures contracts are the imperfect correlation between the change in market value of the investments held by a Fund and the prices of futures contracts and the possibility of an illiquid market. Upon entering into a futures contract, a Fund is required to deposit with a futures commission merchant (“FCM”) an amount of cash or U.S. Government or Agency Obligations in accordance with the initial margin requirements of the broker or exchange. Futures contracts are marked to market daily at the most recent settlement price reported by an exchange on which, over time, they are traded most extensively, and an appropriate payable or receivable for the change in value (“variation margin”) is recorded by the Funds. Gains or losses are recognized but not considered realized until the contracts expire or are closed. Futures contracts involve, to varying degrees, risk of loss in excess of the variation margin disclosed on the Statements of Assets and Liabilities; however, the Funds seek to reduce this risk through the use of an FCM. See each Fund’s Schedule of Investments, if applicable, for outstanding futures contracts as of June 30, 2015. |
| | c) | Options Contracts – An option contract is a contract sold by one party to another party that offers the buyer the right, but not the obligation, to buy (call) or sell (put) an investment or other financial asset at an agreed-upon price during a specific period of time or on a specific date. Option contracts are either privately negotiated in the over-the-counter market (“OTC options”) or executed in a registered exchange (“exchange traded options”). A Fund may write (sell) covered call and put options on futures, swaps (“swaptions”), securities, commodities or currencies. “Covered” means that so long as a Fund is obligated as the writer of an option, it will own either the underlying investments or currency or an option to purchase the same underlying investments or currency having an expiration date of the covered option and an exercise price equal to or less than the exercise price of the covered option, or will pledge cash or other liquid investments having a value equal to or greater than the fluctuating market value of the option investment or currency. Writing put options increases a Fund’s exposure to the underlying instrument. Writing call options decreases a Fund’s exposure to the underlying instrument. Premiums received from writing options that expire are treated as realized gains. Premiums received from writing options that are exercised or closed are added to the proceeds or offset amounts paid on the underlying futures, swap, investment or currency transaction to determine the realized gain or loss. A Fund, as a writer of an option, has no control over whether the underlying instrument may be sold (call) or purchased (put) and as a result bears the market risk of an unfavorable change in the price of the instrument underlying the written option. There is the risk a Fund may not be able to enter into a closing transaction because of an illiquid market. A Fund may also purchase put and call options. Purchasing call options increases a Fund’s |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | exposure to the underlying instrument. Purchasing put options decreases a Fund’s exposure to the underlying instrument. Each Fund pays a premium, which is included on the Fund’s Statements of Assets and Liabilities as an investment and is subsequently marked to market to reflect the current value of the option. Premiums paid for purchasing options that expire are treated as realized losses. Certain options may be purchased with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. The risk associated with purchasing put and call options is generally limited to the premium paid. Premiums paid for purchasing options that are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. Entering into over-the-counter options also exposes a Fund to counterparty risk. Counterparty risk is the possibility that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of the contractual terms in the agreements. |
See each Fund’s Schedule of Investments, if applicable, for outstanding purchased and written option contracts as of June 30, 2015. Transactions involving written option contracts during the six-month period ended June 30, 2015, are summarized below:
Total Return Bond HLS Fund
Options Activity During the Six-Month Period Ended June 30, 2015
| | | | | | | | |
Call Options Written During the Period | | Number of
Contracts | | | Premium
Amounts | |
Beginning of period | | | — | | | $ | — | |
Written | | | 268,452,000 | | | | 2,233,721 | |
Expired | | | (244,352,000 | ) | | | (696,403 | ) |
Closed | | | (24,100,000 | ) | | | (1,537,318 | ) |
Exercised | | | — | | | | — | |
| | | | | | | | |
End of Period | | | — | | | $ | — | |
| | | | | | | | |
| | |
Put Options Written During the Period | | Number of
Contracts | | | Premium
Amounts | |
Beginning of period | | | — | | | $ | — | |
Written | | | 262,652,000 | | | | 1,991,584 | |
Expired | | | (244,352,000 | ) | | | (488,704 | ) |
Closed | | | (18,300,000 | ) | | | (1,502,880 | ) |
Exercised | | | — | | | | — | |
| | | | | | | | |
End of Period | | | — | | | $ | — | |
| | | | | | | | |
| | d) | Swap Contracts – Each Fund may invest in swap contracts. Swap contracts are agreements to exchange or swap investment cash flows, assets, foreign currencies or market-linked returns at specified, future intervals. Swap contracts are either privately negotiated in the over-the-counter market (“OTC swaps”) or cleared in a central clearing house (“centrally cleared swaps”). A Fund may enter into credit default, total return, cross-currency, interest rate, inflation and other forms of swap contracts to manage its exposure to credit, currency, interest rate, commodity and inflation risk. Swap contracts are also used to gain exposure to certain markets. In connection with these contracts, investments or cash may be identified as collateral or margin in accordance with the terms of the respective swap contracts and/or master netting arrangement to provide assets of value and recourse in the event of default or bankruptcy/insolvency. |
Swaps are valued based on custom valuations furnished by an independent pricing service. Swaps for which prices are not available from an independent pricing service are valued in accordance with procedures established by each Company’s Board of Directors. Changes in market value, if any, are reflected as a component of net changes in unrealized appreciation or depreciation on the Statements of Operations. Daily changes in valuation of centrally cleared swaps, if any, are recorded as a receivable or payable for the change in value (“variation margin”) on the Statements of Assets and Liabilities. Realized gains or losses on centrally cleared swaps are recorded upon the termination of the swap. OTC swap payments received or paid at the beginning of the measurement period are reflected as such on the Statements of Assets and Liabilities and represent premiums paid or received upon entering into the swap contract to compensate for differences between the stated terms of the swap contract and prevailing market conditions
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
(credit spreads, currency exchange rates, interest rates and other relevant factors). These upfront premiums are recorded as realized gains or losses on the Statements of Operations upon termination or maturity of the swap. A liquidation payment received or made at the termination or maturity of the swap is recorded as a realized gain or loss on the Statements of Operations. Net periodic payments received or paid by a Fund are included as part of realized gains or losses on the Statements of Operations.
Entering into these contracts involves, to varying degrees, elements of liquidation, counterparty, credit and market risk in excess of the amounts recognized on the Statements of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these contracts, that the counterparty to the contracts may default on its obligation to perform or disagree as to the meaning of contractual terms in the contracts, and that there may be unfavorable changes in market conditions (credit spreads, currency exchange rates, interest rates and other relevant factors).
A Fund’s maximum risk of loss from counterparty risk for OTC swaps is the net value of the discounted cash flows to be received from the counterparty over the contract’s remaining life, and current market value, to the extent that amount is positive. The risk is mitigated by having a master netting arrangement between a Fund and the counterparty, which allows for the netting of payments made or received (although such amounts are presented on a gross basis within the Statement of Assets and Liabilities, as applicable) as well as the posting of collateral to a Fund to cover the Fund’s exposure to the counterparty. In a centrally cleared swap, while a Fund enters into an agreement with a clearing broker to execute contracts with a counterparty, the performance of the swap is guaranteed by the central clearinghouse, which reduces the Fund’s exposure to counterparty risk. The Fund is still exposed to the counterparty risk through the clearing broker and clearinghouse. The clearinghouse attempts to minimize this risk to its participants through the use of mandatory margin requirements, daily cash settlements and other procedures. Likewise, the clearing broker reduces its risk through margin requirements and required segregation of customer balances.
Credit Default Swap Contracts – The credit default swap market allows a Fund to manage its exposure to the market or certain sectors of the market, to reduce its risk exposure to defaults of corporate and sovereign issuers, or to create exposure to corporate or sovereign issuers to which it is not otherwise exposed. Certain credit default swaps involve the exchange of a fixed rate premium for protection against the loss in value of an underlying investment or index in the event of a credit event, such as payment default or bankruptcy.
Under a credit default swap contract, one party acts as guarantor by receiving the fixed periodic payment in exchange for the commitment to purchase the underlying investment at par if the defined credit event occurs. Upon the occurrence of a defined credit event, the difference between the value of the reference obligation and the swap’s notional amount is recorded as realized gain or loss on swap transactions in the Statement of Operations. A “buyer” of credit protection agrees to pay a counterparty to assume the credit risk of an issuer upon the occurrence of certain events. The “seller” of the protection receives periodic payments and agrees to assume the credit risk of an issuer upon the occurrence of certain events. Although specified events are contract specific, credit events are generally defined as bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default or repudiation/moratorium. A “seller’s” exposure is limited to the total notional amount of the credit default swap contract. These potential amounts would be partially offset by any recovery values of the respective referenced obligations or upfront payments received upon entering into the contract.
Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap contracts on corporate issues, sovereign government issues or U.S. municipal issues as of six-month period-end are disclosed in the notes to the Schedules of Investments, as applicable, and serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and there may also be upfront payments required to be made to enter into the contract. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. For credit default swap contracts on credit indices, the quoted market prices and resulting values serve as the indicator of the current status of the payment/performance risk. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced equity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the contract. See each Fund’s Schedule of Investments, if applicable, for outstanding credit default swap contracts as of June 30, 2015.
Interest Rate Swap Contracts – Certain Funds are subject to interest rate risk exposure in the normal course of pursuing its investment objectives. Because certain Funds holds fixed rate bonds, the value of these bonds may decrease if interest rates rise. To hedge against this risk and to maintain its ability to generate income at prevailing market rates, a Fund may enter into interest rate swap contracts. In a
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
typical interest rate swap, one party agrees to make regular payments equal to a floating interest rate, based on a specified interest rate or benchmark (e.g. London Interbank Offered Rate (“LIBOR”)), multiplied by a notional amount, in return for payments equal to a fixed rate multiplied by the same amount, for a specific period of time. The net interest received or paid on interest rate swap contracts is recorded as a realized gain or loss. Interest rate swaps are marked to market daily and the change, if any, is recorded as an unrealized gain or loss in the Statements of Operations. When the interest rate swap contract is terminated early, a Fund records a realized gain or loss equal to the difference between the current market value and the upfront premium or cost.
If an interest rate swap contract provides for payments in different currencies, the parties might agree to exchange the notional amount as well. Interest rate swaps may also depend on other prices or rates, such as the value of an index. The risks of interest rate swaps include changes in market conditions which will affect the value of the contract or the cash flows and the possible inability of the counterparty to fulfill its obligations under the contract. A Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from the counterparty over the contract’s remaining life, to the extent that amount is positive. See each Fund’s Schedule of Investments, if applicable, for outstanding interest rate swap contracts as of June 30, 2015.
Spreadlock Swap Contracts – Certain Funds may invest in spreadlock swap contracts. These contracts involve commitments to pay or receive a settlement amount calculated as the spread difference between two interest rate curves and a fixed spread at a specific forward date determined at the beginning of the contract. Settlement amounts paid or received are recorded as a realized gain or loss on the Statements of Operations at the determination date. See each Fund’s Schedule of Investments, if applicable, for outstanding speadlock swap contracts as of June 30, 2015.
| | e) | Additional Derivative Instrument Information: |
Balanced HLS Fund
Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2015:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on futures contracts(1) | | $ | 1,918 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 1,918 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 1,918 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 1,918 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on futures contracts(1) | | $ | 57,704 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 57,704 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 57,704 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 57,704 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (1) | Cumulative appreciation (depreciation) on futures contracts is disclosed within the Schedule of Investments under the open “Futures Contracts” section. Only current day’s variation margin, if any, are reported within the Statements of Assets and Liabilities. |
The volume of derivatives that is presented in the Schedules of Investments is consistent with the Fund’s derivatives activity during the six-month period ended June 30, 2015.
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | | | | | |
Net realized gain (loss) on futures | | $ | (318,529 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (318,529 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | (318,529 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (318,529 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | | | | | |
Net change in unrealized appreciation (depreciation) of futures | | $ | (118,417 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (118,417 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | (118,417 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (118,417 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
Capital Appreciation HLS Fund
Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2015:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on foreign currency contracts | | $ | — | | | $ | 546,981 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 546,981 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | 546,981 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 546,981 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | |
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on foreign currency contracts | | $ | — | | | $ | 140,293 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 140,293 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | 140,293 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 140,293 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The volume of derivatives that is presented in the Schedules of Investments is consistent with the Fund’s derivatives activity during the six-month period ended June 30, 2015.
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | |
Net realized gain (loss) on purchased options | | $ | — | | | $ | — | | | $ | — | | | $ | (19,529 | ) | | $ | — | | | $ | — | | | $ | (19,529 | ) |
Net realized gain (loss) on foreign currency contracts | | | — | | | | 10,860,076 | | | | — | | | | — | | | | — | | | | — | | | | 10,860,076 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | 10,860,076 | | | $ | — | | | $ | (19,529 | ) | | $ | — | | | $ | — | | | $ | 10,840,547 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | |
Net change in unrealized appreciation (depreciation) of foreign currency | | $ | — | | | $ | (3,684,446 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (3,684,446 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | (3,684,446 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (3,684,446 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Disciplined Equity HLS Fund
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | | | | | |
Net realized gain (loss) on futures | | $ | — | | | $ | — | | | $ | — | | | $ | 276,156 | | | $ | — | | | $ | — | | | $ | 276,156 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | — | | | $ | — | | | $ | 276,156 | | | $ | — | | | $ | — | | | $ | 276,156 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Growth Opportunities HLS Fund
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | | | | | |
Net change in unrealized appreciation (depreciation) of foreign currency | | $ | — | | | $ | (848 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (848 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | (848 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (848 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
Healthcare HLS Fund
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | | | | | |
Net realized gain (loss) on foreign currency contracts | | $ | — | | | $ | (28,402 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (28,402 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | (28,402 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (28,402 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | | | | | |
Net change in unrealized appreciation (depreciation) of foreign currency | | $ | — | | | $ | (3,944 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (3,944 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | (3,944 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (3,944 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
High Yield HLS Fund
Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2015:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on foreign currency contracts | | $ | — | | | $ | 55,582 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 55,582 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | 55,582 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 55,582 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | |
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on swap contracts(1) | | $ | — | | | $ | — | | | $ | (1,577 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | (1,577 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | — | | | $ | (1,577 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | (1,577 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (1) | Statements of Assets and Liabilities location: Unrealized appreciation (depreciation) on Swap contracts and Variation margin on financial derivative instruments |
The volume of derivatives that is presented in the Schedules of Investments is consistent with the Fund’s derivatives activity during the six-month period ended June 30, 2015.
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | | | | | |
Net realized gain (loss) on swap contracts | | $ | — | | | $ | — | | | $ | (10,702 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | (10,702 | ) |
Net realized gain (loss) on foreign currency contracts | | | — | | | | 1,097,009 | | | | — | | | | — | | | | — | | | | — | | | | 1,097,009 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | 1,097,009 | | | $ | (10,702 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 1,086,307 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | | | | | |
Net change in unrealized appreciation (depreciation) of swap contracts | | $ | — | | | $ | — | | | $ | 449 | | | $ | — | | | $ | — | | | $ | — | | | $ | 449 | |
Net change in unrealized appreciation (depreciation) of foreign currency | | | — | | | | (226,514 | ) | | | — | | | | — | | | | — | | | | — | | | | (226,514 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | (226,514 | ) | | $ | 449 | | | $ | — | | | $ | — | | | $ | — | | | $ | (226,065 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
International Opportunities HLS Fund
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | | | | | |
Net change in unrealized appreciation (depreciation) of foreign currency | | $ | — | | | $ | (13,288 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (13,288 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | (13,288 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (13,288 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
MidCap Value HLS Fund
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | |
Net change in unrealized appreciation (depreciation) of foreign currency | | $ | — | | | $ | 538 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 538 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | 538 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 538 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Small Company HLS Fund
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | |
Net realized gain (loss) on foreign currency contracts | | $ | — | | | $ | 392 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 392 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | — | | | $ | 392 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 392 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total Return Bond HLS Fund
Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2015:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments in securities, at value (purchased options), market value | | $ | — | | | $ | 50,331 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 50,331 | |
Unrealized appreciation on futures contracts(1) | | | 3,681,861 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 3,681,861 | |
Unrealized appreciation on foreign currency contracts | | | — | | | | 1,303,464 | | | | — | | | | — | | | | — | | | | — | | | | 1,303,464 | |
Unrealized appreciation on swap contracts(2) | | | 434,876 | | | | — | | | | 2,827,201 | | | | — | | | | — | | | | — | | | | 3,262,077 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 4,116,737 | | | $ | 1,353,795 | | | $ | 2,827,201 | | | $ | — | | | $ | — | | | $ | — | | | $ | 8,297,733 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | |
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on futures contracts(1) | | $ | 1,529,076 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 1,529,076 | |
Unrealized depreciation on foreign currency contracts | | | — | | | | 2,632,385 | | | | — | | | | — | | | | — | | | | — | | | | 2,632,385 | |
Unrealized depreciation on swap contracts(2) | | | 391,784 | | | | — | | | | 6,799,611 | | | | — | | | | — | | | | — | | | | 7,191,395 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 1,920,860 | | | $ | 2,632,385 | | | $ | 6,799,611 | | | $ | — | | | $ | — | | | $ | — | | | $ | 11,352,856 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (1) | Cumulative appreciation (depreciation) on futures contracts is disclosed within the Schedule of Investments under the open “Futures Contracts” section. Only current day’s variation margin, if any, are reported within the Statements of Assets and Liabilities. |
| | (2) | Statements of Assets and Liabilities location: Unrealized appreciation (depreciation) on Swap contracts and Variation margin on financial derivative instruments |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
The volume of derivatives that is presented in the Schedules of Investments is consistent with the Fund’s derivatives activity during the six-month period ended June 30, 2015.
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | |
Net realized gain (loss) on purchased options | | $ | (1,033,094 | ) | | $ | (687,625 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (1,720,719 | ) |
Net realized gain (loss) on futures | | | 6,474,525 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 6,474,525 | |
Net realized gain (loss) on written options | | | 1,487,524 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 1,487,524 | |
Net realized gain (loss) on swap contracts | | | (148,206 | ) | | | — | | | | (8,747,214 | ) | | | — | | | | — | | | | — | | | | (8,895,420 | ) |
Net realized gain (loss) on foreign currency contracts | | | — | | | | 6,608,902 | | | | — | | | | — | | | | — | | | | — | | | | 6,608,902 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 6,780,749 | | | $ | 5,921,277 | | | $ | (8,747,214 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | 3,954,812 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | |
Net change in unrealized appreciation (depreciation) of investments in purchased options | | $ | 883,975 | | | $ | 151,393 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 1,035,368 | |
Net change in unrealized appreciation (depreciation) of futures | | | 1,892,986 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 1,892,986 | |
Net change in unrealized appreciation (depreciation) of swap contracts | | | 44,908 | | | | — | | | | 2,055,210 | | | | — | | | | — | | | | — | | | | 2,100,118 | |
Net change in unrealized appreciation (depreciation) of foreign currency | | | — | | | | (2,479,407 | ) | | | — | | | | — | | | | — | | | | — | | | | (2,479,407 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 2,821,869 | | | $ | (2,328,014 | ) | | $ | 2,055,210 | | | $ | — | | | $ | — | | | $ | — | | | $ | 2,549,065 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
U.S. Government Securities HLS Fund
Fair Value of Derivative Instruments on the Statement of Assets and Liabilities as of June 30, 2015:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on futures contracts(1) | | $ | 121,967 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 121,967 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 121,967 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 121,967 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | |
Liabilities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on futures contracts(1) | | | 280,786 | | | | — | | | | — | | | | — | | | | — | | | | — | | | | 280,786 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | 280,786 | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | 280,786 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (1) | Cumulative appreciation (depreciation) on futures contracts is disclosed within the Schedule of Investments under the open “Futures Contracts” section. Only current day’s variation margin, if any, are reported within the Statements of Assets and Liabilities. |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
The volume of derivatives that is presented in the Schedules of Investments is consistent with the Fund’s derivatives activity during the six-month period ended June 30, 2015.
The Effect of Derivative Instruments on the Statement of Operations for the six-month period ended June 30, 2015
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Risk Exposure Category | |
| | | Interest Rate
Contracts | | | Foreign
Exchange
Contracts | | | Credit
Contracts | | | Equity
Contracts | | | Commodity
Contracts | | | Other
Contracts | | | Total | |
Realized Gain on Derivatives Recognized as a Result of Operations: | |
Net realized gain (loss) on futures | | $ | (724,869 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (724,869 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | (724,869 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (724,869 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Net Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized as a Result of Operations: | |
Net change in unrealized appreciation (depreciation) of futures | | $ | (423,045 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (423,045 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | | $ | (423,045 | ) | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | (423,045 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | f) | Balance Sheet Offsetting Information – Set forth below are tables which disclose both gross information and net information about instruments and transactions eligible for offset in the financial statements, and instruments and transactions that are subject to a master netting arrangement, as well as amounts related to margin, reflected as financial collateral (including cash collateral), held at clearing brokers, counterparties and the Funds’ custodian. The master netting arrangements (“MNA”) allow the clearing brokers to net any collateral held in or on behalf of the Funds, or liabilities or payment obligations of the clearing brokers to the Funds, against any liabilities or payment obligations of the Funds to the clearing brokers. The Funds are required to deposit financial collateral (including cash collateral) at the Funds’ custodian on behalf of clearing brokers and counterparties to continually meet the original and maintenance requirements established by the clearing brokers and counterparties. Such requirements are specific to the respective clearing broker or counterparty. Certain master netting arrangements may not be enforceable in a bankruptcy. |
The following tables present the Funds’ derivative assets and liabilities, presented on a gross basis as no amounts are netted within the Statements of Assets and Liabilities, by counterparty net of amounts available for offset under a master netting agreement or similar agreement (“MNA”) and net of the related collateral received/pledged by the Funds as of June 30, 2015:
| | | | | | | | |
Balanced HLS Fund | |
Derivative Financial Instruments: | | Assets ($) | | | Liabilities ($) | |
Futures contracts | | | 1,918 | | | | (57,704 | ) |
| | | | | | | | |
Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities | | | 1,918 | | | | (57,704 | ) |
| | | | | | | | |
Derivatives not subject to a MNA | | | (1,918 | ) | | | 57,704 | |
| | | | | | | | |
Total gross amount of assets and liabilities subject to MNA or similar agreements | | | — | | | | — | |
| | | | | | | | |
| | | | | | | | |
Capital Appreciation HLS Fund | |
Derivative Financial Instruments: | | Assets ($) | | | Liabilities ($) | |
Foreign currency contracts | | | 546,981 | | | | (140,293 | ) |
| | | | | | | | |
Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities | | | 546,981 | | | | (140,293 | ) |
| | | | | | | | |
Derivatives not subject to a MNA | | | — | | | | — | |
| | | | | | | | |
Total gross amount of assets and liabilities subject to MNA or similar agreements | | | 546,981 | | | | (140,293 | ) |
| | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Capital Appreciation HLS Fund | |
Counterparty | | Gross Amount of
Assets ($) | | | Financial
Instruments
and
Derivatives
Available for
Offset ($) | | | Non-cash
Collateral
Received ($)* | | | Cash
Collateral
Received ($)* | | | Net Amount
of
Assets ($) | |
JP Morgan Chase & Co. | | | 546,981 | | | | — | | | | — | | | | — | | | | 546,981 | |
| | | | | | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | |
Counterparty | | Gross Amount of
Liabilities ($) | | | Financial
Instruments
and
Derivatives
Available for
Offset ($) | | | Non-cash
Collateral
Pledged ($)* | | | Cash
Collateral
Pledged ($)* | | | Net Amount
of
Liabilities ($) | |
Bank of America Securities LLC | | | (140,293 | ) | | | — | | | | — | | | | — | | | | (140,293 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | * | In some instances, the actual collateral received and/or pledged may be more than the amount shown. |
| | | | | | | | |
High Yield HLS Fund | |
Derivative Financial Instruments: | | Assets ($) | | | Liabilities ($) | |
Foreign currency contracts | | | 55,582 | | | | — | |
Swap contracts | | | 222,073 | | | | — | |
| | | | | | | | |
Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities | | | 277,655 | | | | — | |
| | | | | | | | |
Derivatives not subject to a MNA | | | (222,073 | ) | | | — | |
| | | | | | | | |
Total gross amount of assets and liabilities subject to MNA or similar agreements | | | 55,582 | | | | — | |
| | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
High Yield HLS Fund | |
Counterparty | | Gross Amount of
Assets ($) | | | Financial
Instruments
and
Derivatives
Available for
Offset ($) | | | Non-cash
Collateral
Received ($)* | | | Cash
Collateral
Received ($)* | | | Net Amount
of
Assets ($) | |
Citibank NA | | | 55,582 | | | | — | | | | — | | | | — | | | | 55,582 | |
| | | | | | | | | | | | | | | | | | | | |
| | * | In some instances, the actual collateral received and/or pledged may be more than the amount shown. |
| | | | | | | | | | | | | | |
Total Return Bond HLS Fund | |
Derivative Financial Instruments: | | Assets ($) | | | Liabilities ($) | |
Foreign currency contracts | | | 1,303,464 | | | | (2,632,385 | ) |
Futures contracts | | | 3,681,861 | | | | (1,529,076 | ) |
Purchased options and swaptions | | | 50,331 | | | | — | |
Swap contracts | | | 26,656,787 | | | | (17,563,610 | ) |
| | | | | | | | | | | | | | |
Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities | | | 31,692,443 | | | | (21,725,071 | ) |
| | | | | | | | | | | | | | |
Derivatives not subject to a MNA | | | (4,909,009 | ) | | | 11,254,203 | |
| | | | | | | | | | | | | | |
Total gross amount of assets and liabilities subject to MNA or similar agreements | | | 26,783,434 | | | | (10,470,868 | ) |
| | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | | | | | |
Total Return Bond HLS Fund | |
Counterparty | | Gross Amount of
Assets ($) | | | Financial
Instruments
and
Derivatives
Available for
Offset ($) | | | Non-cash
Collateral
Received ($)* | | | Cash
Collateral
Received ($)* | | | Net Amount
of
Assets ($) | |
Bank of America Securities LLC | | | 3,612,137 | | | | (2,429,402 | ) | | | — | | | | (1,182,735 | ) | | | — | |
Barclays | | | 623,519 | | | | (331,700 | ) | | | — | | | | — | | | | 291,819 | |
Citibank NA | | | 7,960,741 | | | | (1,090,026 | ) | | | — | | | | (6,870,715 | ) | | | — | |
Credit Suisse International | | | 4,363,449 | | | | (1,708,958 | ) | | | — | | | | (2,029,000 | ) | | | 625,491 | |
Deutsche Bank Securities, Inc. | | | 989,291 | | | | (424,428 | ) | | | — | | | | (564,863 | ) | | | — | |
Goldman Sachs & Co. | | | 3,806,177 | | | | (948,822 | ) | | | — | | | | — | | | | 2,857,355 | |
HSBC Bank USA | | | 191,883 | | | | (39,998 | ) | | | — | | | | — | | | | 151,885 | |
JP Morgan Chase & Co. | | | 615,890 | | | | (172,711 | ) | | | — | | | | (443,179 | ) | | | — | |
Morgan Stanley | | | 3,879,557 | | | | (1,549,926 | ) | | | — | | | | (2,329,631 | ) | | | — | |
RBC Dominion Securities, Inc. | | | 231,429 | | | | — | | | | — | | | | — | | | | 231,429 | |
Standard Chartered Bank | | | 31,197 | | | | (31,197 | ) | | | — | | | | — | | | | — | |
State Street Global Markets LLC | | | 459,338 | | | | (459,338 | ) | | | — | | | | — | | | | — | |
UBS AG | | | 18,826 | | | | (18,826 | ) | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 26,783,434 | | | | (9,205,332 | ) | | | — | | | | (13,420,123 | ) | | | 4,157,979 | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Counterparty | | Gross Amount of
Liabilities ($) | | | Financial
Instruments
and
Derivatives
Available for
Offset ($) | | | Non-cash
Collateral
Pledged ($)* | | | Cash
Collateral
Pledged ($)* | | | Net Amount
of
Liabilities ($) | |
Bank of America Securities LLC | | | (2,429,402 | ) | | | 2,429,402 | | | | — | | | | — | | | | — | |
Barclays | | | (331,700 | ) | | | 331,700 | | | | — | | | | — | | | | — | |
BNP Paribas Securities Services | | | (440,059 | ) | | | — | | | | — | | | | — | | | | (440,059 | ) |
Citibank NA | | | (1,090,026 | ) | | | 1,090,026 | | | | — | | | | — | | | | — | |
Commonwealth Bank of Australia | | | (11,434 | ) | | | — | | | | — | | | | — | | | | (11,434 | ) |
Credit Suisse International | | | (1,708,958 | ) | | | 1,708,958 | | | | — | | | | — | | | | — | |
Deutsche Bank Securities, Inc. | | | (424,428 | ) | | | 424,428 | | | | — | | | | — | | | | — | |
Goldman Sachs & Co. | | | (948,822 | ) | | | 948,822 | | | | — | | | | — | | | | — | |
HSBC Bank USA | | | (39,998 | ) | | | 39,998 | | | | — | | | | — | | | | — | |
JP Morgan Chase & Co. | | | (172,711 | ) | | | 172,711 | | | | — | | | | — | | | | — | |
Morgan Stanley | | | (1,549,926 | ) | | | 1,549,926 | | | | — | | | | — | | | | — | |
Standard Chartered Bank | | | (48,027 | ) | | | 31,197 | | | | — | | | | — | | | | (16,830 | ) |
State Street Global Markets LLC | | | (979,752 | ) | | | 459,338 | | | | — | | | | — | | | | (520,414 | ) |
UBS AG | | | (295,625 | ) | | | 18,826 | | | | — | | | | — | | | | (276,799 | ) |
| | | | | | | | | | | | | | | | | | | | |
Total | | | (10,470,868 | ) | | | 9,205,332 | | | | — | | | | — | | | | (1,265,536 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | * | In some instances, the actual collateral received and/or pledged may be more than the amount shown. |
| | | | | | | | |
U.S. Government Securities HLS Fund | |
Derivative Financial Instruments: | | Assets ($) | | | Liabilities ($) | |
Futures contracts | | | 121,967 | | | | (280,786 | ) |
| | | | | | | | |
Total gross amount of derivative assets and liabilities in the Statement of Assets and Liabilities | | | 121,967 | | | | (280,786 | ) |
| | | | | | | | |
Derivatives not subject to a MNA | | | (121,967 | ) | | | 280,786 | |
| | | | | | | | |
Total gross amount of assets and liabilities subject to MNA or similar agreements | | | — | | | | — | |
| | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
The market values of equity securities, such as common stocks and preferred stocks, or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company, such as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. The market value of equity securities may also decline due to factors which affect a particular industry or industries, such as labor shortages or increased production costs and competitive conditions within an industry. Equity securities and equity related investments generally have greater market price volatility than fixed income securities.
Credit risk depends largely on the perceived financial health of bond issuers. In general, the credit rating is inversely related to the credit risk of the issuer. Higher rated bonds generally are deemed to have less credit risk, while lower or unrated bonds are deemed to have higher risk of default. The share price, yield and total return of a fund that holds securities with higher credit risk may be more volatile than those of a fund that holds bonds with lower credit risk. Similar to credit risk, a Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which a Fund has unsettled or open transactions will default.
Certain investments by a Fund expose the Fund to various risks which may include, but are not limited to, interest rate, prepayment, extension and foreign currency risks. Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. As nominal interest rates rise, the values of certain fixed income securities held by a Fund are likely to decrease. A nominal interest rate can be described as the sum of a real interest rate and an expected inflation rate. Fixed income securities with longer durations tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Duration is useful primarily as a measure of the sensitivity of a fixed income security’s market price to interest rate (i.e., yield) movements. Senior floating rate interests and securities subject to prepayment and extension risk generally offer less potential for gains when interest rates decline. Rising interest rates may cause prepayments to occur at a slower than expected rate, thereby effectively lengthening the maturity of the security and making the security more sensitive to interest rate changes. Prepayment and extension risk are major risks of mortgage backed securities, senior floating rate interests and certain asset backed securities. For certain asset backed securities, the actual maturity may be less than the stated maturity shown in the Schedule of Investments, if applicable. As a result, the timing of income recognition relating to these securities may vary based upon the actual maturity.
If a Fund invests directly in foreign currencies or in securities that trade in, and receive revenues in, foreign currencies, or in derivatives that provide exposure to foreign currencies, it will be subject to the risk that those currencies will decline in value relative to the base currency (U.S. dollars) of the Fund, or, in the case of hedging positions, that the Fund’s base currency will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates, intervention (or the failure to intervene) by U.S. or foreign governments, central banks or supranational entities, such as the International Monetary Fund, or by the imposition of currency controls or other political developments in the United States or abroad. As a result, the Fund’s investments in foreign currency denominated securities may reduce the returns, if applicable, of the Fund.
| | a) | Each Fund intends to continue to qualify as a Regulated Investment Company (“RIC”) under Subchapter M of the Internal Revenue Code (“IRC”) by distributing substantially all of its taxable net investment income and net realized capital gains to its shareholders. Each Fund has distributed substantially all of its income and capital gains in prior years, if applicable, and intends to distribute substantially all of its income and capital gains during the calendar year ending December 31, 2015. Accordingly, no provision for federal income or excise taxes has been made in the accompanying financial statements. Distributions from short-term capital gains are treated as ordinary income distributions for federal income tax purposes. |
| | b) | Net Investment Income (Loss), Net Realized Gains (Losses) and Distributions – Net investment income (loss) and net realized gains (losses) may differ for financial statement and tax purposes primarily because of losses deferred due to wash sale adjustments, foreign currency gains and losses, adjustments related to Passive Foreign Investment Companies (“PFICs”), Real Estate Investment Trusts (“REITs”), RICs, certain derivatives and partnerships. The character of distributions made during the year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to the timing of dividend distributions, the fiscal year in which amounts are distributed may differ from the year that the income or realized gains (losses) were recorded by the Funds. |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | c) | Distributions and Components of Distributable Earnings – The tax character of distributions paid by each Fund for the years ended December 31, 2014 and December 31, 2013 are as follows (as adjusted for dividends payable, if applicable): |
| | | | | | | | | | | | | | | | |
Fund | | Ordinary
Income
2014 | | | Long-Term
Capital Gains
2014 | | | Ordinary
Income
2013 | | | Long-Term
Capital Gains
2013 | |
Balanced HLS Fund | | $ | 50,751,999 | | | $ | — | | | $ | 45,654,095 | | | $ | — | |
Capital Appreciation HLS Fund | | $ | 461,903,895 | | | $ | 656,128,494 | | | $ | 85,541,091 | | | $ | — | |
Disciplined Equity HLS Fund | | $ | 13,399,464 | | | $ | — | | | $ | 8,169,321 | | | $ | — | |
Dividend & Growth HLS Fund | | $ | 122,936,965 | | | $ | 449,915,369 | | | $ | 79,900,341 | | | $ | 117,037,480 | |
Global Growth HLS Fund | | $ | 2,048,503 | | | $ | — | | | $ | 2,851,001 | | | $ | — | |
Growth Opportunities HLS Fund | | $ | 79,075,442 | | | $ | 142,877,866 | | | $ | 90,288 | | | $ | — | |
Healthcare HLS Fund | | $ | 4,611,295 | | | $ | 22,145,365 | | | $ | 1,226,201 | | | $ | 16,434,949 | |
High Yield HLS Fund | | $ | 35,154,599 | | | $ | — | | | $ | 43,989,017 | | | $ | — | |
International Opportunities HLS Fund | | $ | 32,481,494 | | | $ | — | | | $ | 32,189,003 | | | $ | — | |
MidCap HLS Fund | | $ | 27,985,188 | | | $ | 174,255,206 | | | $ | 13,250,242 | | | $ | 45,381,031 | |
MidCap Value HLS Fund | | $ | 2,882,001 | | | $ | 60,291,875 | | | $ | 5,561,790 | | | $ | — | |
Small Company HLS Fund | | $ | 92,815,184 | | | $ | 157,551,966 | | | $ | 1,351,411 | | | $ | 98,734,228 | |
Small/Mid Cap Equity HLS Fund | | $ | 17,387,669 | | | $ | 8,210,898 | | | $ | 8,399,318 | | | $ | 2,799,782 | |
SmallCap Growth HLS Fund | | $ | 37,071,356 | | | $ | 90,138,781 | | | $ | 1,711,498 | | | $ | 63,210,540 | |
Stock HLS Fund | | $ | 30,998,185 | | | $ | — | | | $ | 33,233,298 | | | $ | — | |
Total Return Bond HLS Fund | | $ | 108,767,110 | | | $ | — | | | $ | 150,660,143 | | | $ | — | |
Ultrashort Bond HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
U.S. Government Securities HLS Fund | | $ | 13,850,021 | | | $ | — | | | $ | 18,548,007 | | | $ | — | |
Value HLS Fund | | $ | 8,937,977 | | | $ | — | | | $ | 10,588,624 | | | $ | — | |
As of December 31, 2014, the components of distributable earnings (deficit) for each Fund on a tax basis are as follows:
| | | | | | | | | | | | | | | | | | | | |
Fund | | Undistributed
Ordinary
Income | | | Undistributed
Long-Term
Capital Gain | | | Accumulated
Capital and
Other Losses | | | Unrealized
Appreciation
(Depreciation)
on Investments | | | Total
Accumulated
Earnings
(Deficit) | |
Balanced HLS Fund | | $ | 12,146,180 | | | $ | — | | | $ | (410,577,471 | ) | | $ | 681,870,105 | | | $ | 283,438,814 | |
Capital Appreciation HLS Fund | | $ | 331,819,375 | | | $ | 940,311,001 | | | $ | — | | | $ | 597,560,414 | | | $ | 1,869,690,790 | |
Disciplined Equity HLS Fund | | $ | 12,996,247 | | | $ | 226,565,234 | | | $ | — | | | $ | 196,456,566 | | | $ | 436,018,047 | |
Dividend & Growth HLS Fund | | $ | 8,614,532 | | | $ | 497,141,773 | | | $ | — | | | $ | 1,320,057,620 | | | $ | 1,825,813,925 | |
Global Growth HLS Fund | | $ | 2,330,460 | | | $ | 21,959,704 | | | $ | — | | | $ | 82,610,089 | | | $ | 106,900,253 | |
Growth Opportunities HLS Fund | | $ | 75,794,631 | | | $ | 207,664,264 | | | $ | — | | | $ | 159,802,062 | | | $ | 443,260,957 | |
Healthcare HLS Fund | | $ | 3,015,261 | | | $ | 46,392,427 | | | $ | — | | | $ | 125,737,201 | | | $ | 175,144,889 | |
High Yield HLS Fund | | $ | 24,914,441 | | | $ | — | | | $ | (9,709,378 | ) | | $ | (9,051,612 | ) | | $ | 6,153,451 | |
International Opportunities HLS Fund | | $ | 20,055,999 | | | $ | — | | | $ | (420,204,645) | | | $ | 49,673,266 | | | $ | (350,475,380 | ) |
MidCap HLS Fund | | $ | 13,049,160 | | | $ | 197,609,151 | | | $ | — | | | $ | 408,366,785 | | | $ | 619,025,096 | |
MidCap Value HLS Fund | | $ | 6,029,763 | | | $ | 55,017,083 | | | $ | — | | | $ | 99,219,216 | | | $ | 160,266,062 | |
Small Company HLS Fund | | $ | 48,169,711 | | | $ | 208,930,849 | | | $ | — | | | $ | 186,707,657 | | | $ | 443,808,217 | |
Small/Mid Cap Equity HLS Fund | | $ | 3,380,788 | | | $ | 15,888,842 | | | $ | — | | | $ | 15,879,441 | | | $ | 35,149,071 | |
SmallCap Growth HLS Fund | | $ | 17,250,863 | | | $ | 81,753,100 | | | $ | — | | | $ | 81,826,644 | | | $ | 180,830,607 | |
Stock HLS Fund | | $ | 1,119,394 | | | $ | — | | | $ | (415,868,442 | ) | | $ | 430,931,910 | | | $ | 16,182,862 | |
Total Return Bond HLS Fund | | $ | 137,524,449 | | | $ | 23,735,134 | | | $ | — | | | $ | 30,998,436 | | | $ | 192,258,019 | |
Ultrashort Bond HLS Fund | | $ | 2,121,947 | | | $ | 32,791 | | | $ | — | | | $ | (666,605 | ) | | $ | 1,488,133 | |
U.S. Government Securities HLS Fund | | $ | 9,323,809 | | | $ | — | | | $ | (119,061,647 | ) | | $ | 10,360,561 | | | $ | (99,377,277 | ) |
Value HLS Fund | | $ | 855,425 | | | $ | 15,653,428 | | | $ | — | | | $ | 193,035,509 | | | $ | 209,544,362 | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | d) | Reclassification of Capital Accounts – The Funds may record reclassifications in their capital accounts. These reclassifications have no impact on the total net assets of the Funds. The reclassifications are a result of permanent differences between U.S. GAAP and tax accounting for such items as foreign currency, PFICs, expiration or utilization of capital loss carryforwards or net operating losses. Adjustments are made to reflect the impact these items have on current and future distributions to shareholders. Therefore, the source of the Funds’ distributions may be shown in the accompanying Statements of Changes in Net Assets as from undistributed net investment income, from accumulated net realized gains on investments or from capital depending on the type of book and tax differences that exist. For the year ended December 31, 2014, the Funds recorded reclassifications to increase (decrease) the accounts listed below: |
| | | | | | | | | | | | |
Fund | | Capital Stock and
Paid-in-Capital | | | Undistributed Net
Investment
Income (Loss) | | | Accumulated Net
Realized Gain
(Loss) | |
Balanced HLS Fund | | | — | | | | 1,136,471 | | | | (1,136,471 | ) |
Capital Appreciation HLS Fund | | | 26 | | | | (2,942,458 | ) | | | 2,942,432 | |
Disciplined Equity HLS Fund | | | — | | | | 18,987 | | | | (18,987 | ) |
Dividend & Growth HLS Fund | | | — | | | | (148,820 | ) | | | 148,820 | |
Global Growth HLS Fund | | | 5,637 | | | | (4,557 | ) | | | (1,080 | ) |
Growth Opportunities HLS Fund | | | (26,064 | ) | | | (134,749 | ) | | | 160,813 | |
Healthcare HLS Fund | | | — | | | | 41,636 | | | | (41,636 | ) |
High Yield HLS Fund | | | — | | | | 64,594 | | | | (64,594 | ) |
International Opportunities HLS Fund | | | — | | | | 3,693,058 | | | | (3,693,058 | ) |
MidCap HLS Fund | | | — | | | | (66,892 | ) | | | 66,892 | |
MidCap Value HLS Fund | | | — | | | | (213,026 | ) | | | 213,026 | |
Small Company HLS Fund | | | — | | | | 5,567,966 | | | | (5,567,966 | ) |
Small/Mid Cap Equity HLS Fund | | | — | | | | (250,986 | ) | | | 250,986 | |
SmallCap Growth HLS Fund | | | — | | | | (228,196 | ) | | | 228,196 | |
Stock HLS Fund | | | — | | | | 25,909 | | | | (25,909 | ) |
Total Return Bond HLS Fund | | | — | | | | (6,125,757 | ) | | | 6,125,757 | |
Ultrashort Bond HLS Fund | | | — | | | | 130,853 | | | | (130,853 | ) |
U.S. Government Securities HLS Fund | | | (15,888,105 | ) | | | 668,785 | | | | 15,219,320 | |
Value HLS Fund | | | — | | | | 96,326 | | | | (96,326 | ) |
| | e) | Capital Loss Carryforward – On December 22, 2010, the Regulated Investment Company Modernization Act of 2010 (the “Act”) was enacted, which made changes to the capital loss carryforward rules. The changes are effective for taxable years beginning after the date of enactment. Under the Act, funds are permitted to carry forward capital losses for an unlimited period. However, any losses incurred during those future taxable years will be required to be utilized prior to the losses incurred in pre-enactment taxable years, which carry an expiration date. As a result of this ordering rule, pre-enactment capital loss carryforwards may be more likely to expire unused. Additionally, post-enactment capital loss carryforwards retain their character as either short-term or long-term capital losses rather than being considered all short-term as permitted under prior regulation. |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
At December 31, 2014 (tax year end), the capital loss carryforwards for U.S. federal income tax purposes were as follows:
| | | | | | | | | | | | | | | | | | | | |
| | | Year of Expiration | | | Unlimited
Short-Term
Capital Loss
Carryforward | | | Unlimited
Long-Term
Capital Loss
Carryforward | |
Fund | | 2016 | | | 2017 | | | 2018 | | | |
Balanced HLS Fund | | $ | — | | | $ | 410,577,471 | | | $ | — | | | $ | — | | | $ | — | |
Capital Appreciation HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Disciplined Equity HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Dividend & Growth HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Global Growth HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Growth Opportunities HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Healthcare HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
High Yield HLS Fund | | $ | — | | | $ | 9,709,378 | | | $ | — | | | $ | — | | | $ | — | |
International Opportunities HLS Fund | | $ | 132,604,525 | | | $ | 287,600,120 | | | $ | — | | | $ | — | | | $ | — | |
MidCap HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
MidCap Value HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Small Company HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Small/Mid Cap Equity HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
SmallCap Growth HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Stock HLS Fund | | $ | — | | | $ | 415,868,442 | | | $ | — | | | $ | — | | | $ | — | |
Total Return Bond HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Ultrashort Bond HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
U.S. Government Securities HLS Fund | | $ | — | | | $ | 25,163,377 | | | $ | 58,149,395 | | | $ | 1,202,413 | | | $ | 34,546,462 | |
Value HLS Fund | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
During the year ended December 31, 2014, the Balanced HLS Fund, Disciplined Equity HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, High Yield HLS Fund, International Opportunities HLS Fund, MidCap Value HLS Fund, Stock HLS Fund, Total Return Bond HLS Fund and Value HLS Fund utilized $272,971,998, $1,254,587, $58,773,459 $1,911,334, $9,548,329, $136,388,091, $836,717, $145,786,907, $28,282,412 and $50,781,023 of prior year capital loss carryforwards, respectively.
The Ultrashort Bond HLS Fund and the U.S. Government Securities HLS Fund utilized $4,103 and $3,555,709 of prior year short term capital loss carryforwards, respectively.
During the year ended December 31, 2014, the U.S. Government Securities Fund had $15,888,105 in expired capital loss carryforwards.
| | f) | Accounting for Uncertainty in Income Taxes – Pursuant to provisions set forth by U.S. GAAP, Hartford Funds Management Company, LLC (“HFMC”) reviews each Fund’s tax positions for all open tax years. As of December 31, 2014, HFMC had reviewed the open tax years and concluded that there was no reason to record a liability for net unrecognized tax benefits relating to uncertain income tax positions. Each Fund files U.S. tax returns. Although the statute of limitations for examining a Fund’s U.S. tax returns remains open for 3 years, no examination is currently in progress. No Fund is aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. |
| | a) | Investment Management Agreement – Hartford Funds Management Company, LLC (“HFMC”) serves as each Fund’s investment manager. Each Company, on behalf of the relevant Funds, has entered into an Investment Management Agreement with HFMC. HFMC is an indirect subsidiary of The Hartford Financial Services Group, Inc. (“The Hartford”). HFMC has overall investment supervisory responsibility for each Fund. In addition, HFMC provides administrative personnel, services, equipment, facilities and office space for proper operation of each Fund. HFMC has contracted with Wellington Management Company LLP (“Wellington Management”) under a sub-advisory agreement for the provision of day-to-day investment management services to each Fund in accordance with each Fund’s investment objective and policies. Each Fund pays a fee to HFMC, a portion of which may be used to compensate Wellington Management. |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
The schedule below reflects the rates of compensation paid to the investment manager for investment management services rendered as of June 30, 2015; the rates are accrued daily and paid monthly based on each Fund’s average daily net assets, at the following annual rates:
| | |
Fund | | Management Fee Rates |
Balanced HLS Fund | | 0.6800% on first $250 million and; |
| | 0.6550% on next $250 million and; |
| | 0.6450% on next $500 million and; |
| | 0.5950% on next $4 billion and; |
| | 0.5925% on next $5 billion and; |
| | 0.5900% over $10 billion |
| |
Capital Appreciation HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $1.5 billion and; |
| | 0.6200% on next $2.5 billion and; |
| | 0.6150% on next $5 billion and; |
| | 0.6100% over $10 billion |
| |
Disciplined Equity HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $4 billion and; |
| | 0.6225% on next $5 billion and; |
| | 0.6200% over $10 billion |
| |
Dividend and Growth HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $1.5 billion and; |
| | 0.6200% on next $2.5 billion and; |
| | 0.6150% on next $5 billion and; |
| | 0.6100% over $10 billion |
| |
Global Growth HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $4 billion and; |
| | 0.6225% on next $5 billion and; |
| | 0.6200% over $10 billion |
| |
Growth Opportunities HLS Fund | | 0.7000% on first $100 million and; |
| | 0.6000% on next $4.9 billion and; |
| | 0.5975% on next $5 billion and; |
| | 0.5950% over $10 billion |
| |
Healthcare HLS Fund | | 0.8500% on first $250 million and; |
| | 0.8000% on next $250 million and; |
| | 0.7500% on next $4.5 billion and; |
| | 0.7475% on next $5 billion and; |
| | 0.7450% over $10 billion |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | |
Fund | | Management Fee Rates |
High Yield HLS Fund | | 0.7000% on first $500 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $1.5 billion and; |
| | 0.6150% on next $2.5 billion and; |
| | 0.6050% on next $5 billion and; |
| | 0.5950% over $10 billion |
| |
International Opportunities HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $1.5 billion and; |
| | 0.6200% on next $2.5 billion and; |
| | 0.6150% on next $5 billion and; |
| | 0.6100% over $10 billion |
| |
MidCap HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $4 billion and; |
| | 0.6225% on next $5 billion and; |
| | 0.6200% over $10 billion |
| |
MidCap Value HLS Fund | | 0.8000% on first $500 million and; |
| | 0.7250% on next $500 million and; |
| | 0.6750% on next $1.5 billion and; |
| | 0.6700% on next $2.5 billion and; |
| | 0.6650% on next $5 billion and; |
| | 0.6600% over $10 billion |
| |
Small Company HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6000% on next $500 million and; |
| | 0.5500% on next $3.5 billion and; |
| | 0.5300% on next $5 billion and; |
| | 0.5200% over $10 billion |
| |
Small/Mid Cap Equity HLS Fund | | 0.8000% on first $500 million and; |
| | 0.7500% on next $500 million and; |
| | 0.7000% on next $2 billion and; |
| | 0.6900% on next $2 billion and; |
| | 0.6800% on next $5 billion and; |
| | 0.6700% over $10 billion |
| |
SmallCap Growth HLS Fund | | 0.7000% on first $100 million and; |
| | 0.6000% on next $4.9 billion and; |
| | 0.5800% on next $5 billion and; |
| | 0.5700% over $10 billion |
| |
Stock HLS Fund | | 0.5250% on first $250 million and; |
| | 0.5000% on next $250 million and; |
| | 0.4750% on next $500 million and; |
| | 0.4500% on next $4 billion and; |
| | 0.4475% on next $5 billion and; |
| | 0.4450% over $10 billion |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | |
Fund | | Management Fee Rates |
Total Return Bond HLS Fund | | 0.5250% on first $250 million and; |
| | 0.5000% on next $250 million and; |
| | 0.4750% on next $500 million and; |
| | 0.4500% on next $1.5 billion and; |
| | 0.4450% on next $2.5 billion and; |
| | 0.4300% on next $5 billion and; |
| | 0.4200% over $10 billion |
| |
Ultrashort Bond HLS Fund | | 0.4000% on first $5 billion and; |
| | 0.3800% on next $5 billion and; |
| | 0.3700% over $10 billion |
| |
U.S. Government Securities HLS Fund | | 0.4500% on first $500 million and; |
| | 0.4450% on next $500 million and; |
| | 0.4400% on next $1.5 billion and; |
| | 0.4350% on next $2.5 billion and; |
| | 0.4300% on next $5 billion and; |
| | 0.4200% over $10 billion |
| |
Value HLS Fund | | 0.7750% on first $250 million and; |
| | 0.7250% on next $250 million and; |
| | 0.6750% on next $500 million and; |
| | 0.6250% on next $1.5 billion and; |
| | 0.6200% on next $2.5 billion and; |
| | 0.6150% on next $5 billion and; |
| | 0.6100% over $10 billion |
Effective January 1, 2015, the investment manager has contractually agreed to waive investment management fees of 0.02% of average daily net assets until December 31, 2015, for the Balanced HLS Fund.
| | b) | Accounting Services Agreement – Pursuant to the Fund Accounting Agreement between HFMC and each Company, on behalf of its respective Funds, HFMC provides accounting services to each Fund and receives monthly compensation based on each Fund’s average daily net assets at the rates set forth below. Each Fund’s accounting services fees are accrued daily and paid monthly. |
| | |
Fund | | Accounting Services Fee Rates |
Balanced HLS Fund | | 0.016% on first $5 billion and; |
| | 0.013% on next $5 billion and; |
| | 0.010% over $10 billion |
| |
Capital Appreciation HLS Fund | | 0.018% on first $5 billion and; |
| | 0.014% on next $5 billion and; |
| | 0.010% over $10 billion |
| |
Disciplined Equity HLS Fund | | 0.012% on first $5 billion and; |
| | 0.010% over $5 billion |
| |
Dividend and Growth HLS Fund | | 0.012% on first $5 billion and; |
| | 0.010% over $5 billion |
| |
Global Growth HLS Fund | | 0.014% on first $5 billion and; |
| | 0.012% on next $5 billion and; |
| | 0.010% over $10 billion |
| |
Growth Opportunities HLS Fund | | 0.010% on all assets |
| |
Healthcare HLS Fund | | 0.010% on all assets |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | |
Fund | | Accounting Services Fee Rates |
High Yield HLS Fund | | 0.020% on first $5 billion and; |
| | 0.015% on next $5 billion and; |
| | 0.010% over $10 billion |
| |
International Opportunities HLS Fund | | 0.016% on first $5 billion and; |
| | 0.013% on next $5 billion and; |
| | 0.010% over $10 billion |
| |
MidCap HLS Fund | | 0.010% on all assets |
| |
MidCap Value HLS Fund | | 0.010% on all assets |
| |
Small Company HLS Fund | | 0.012% on first $5 billion and; |
| | 0.010% over $5 billion |
| |
Small/Mid Cap Equity HLS Fund | | 0.014% on first $5 billion and; |
| | 0.012% on next $5 billion and; |
| | 0.010% over $10 billion |
| |
SmallCap Growth HLS Fund | | 0.012% on first $5 billion and; |
| | 0.010% over $5 billion |
| |
Stock HLS Fund | | 0.010% on all assets |
| |
Total Return Bond HLS Fund | | 0.020% on first $5 billion and; |
| | 0.015% on next $5 billion and; |
| | 0.010% over $10 billion |
| |
Ultrashort Bond HLS Fund | | 0.010% on all assets |
| |
U.S. Government Securities HLS Fund | | 0.012% on first $5 billion and; |
| | 0.010% over $5 billion |
| |
Value HLS Fund | | 0.010% on all assets |
Effective January 1, 2015, HFMC has delegated certain accounting and administrative services functions to State Street Bank and Trust Company (“State Street”). The costs and expenses of such delegation are borne by HFMC, not by the Funds, and HFMC compensates State Street for its services out of its own resources.
| | c) | Operating Expenses – Allocable expenses incurred by each Company are allocated to each Fund, as applicable, and allocated to classes within each Fund in proportion to the average daily net assets of each Fund and each class, except where allocation of certain expenses is more fairly made directly to each Fund or to specific classes within a Fund. |
| | d) | Fees Paid Indirectly – Each Company, on behalf of each Fund, except High Yield HLS Fund, Total Return Bond HLS Fund, Ultrashort Bond HLS Fund and U.S. Government Securities HLS Fund, has entered into agreements with State Street Global Markets, LLC and Russell Implementation Services, Inc. to partially recapture non-discounted trade commissions. Such rebates are used to pay a portion of the Funds’ expenses. In addition, the Funds’ custodian bank has agreed to reduce its fees when a Fund maintains cash on deposit in a non-interest-bearing custody account. For the period ended June 30, 2015, these amounts, if any, are included in the Statements of Operations. |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
The ratio of expenses to average net assets in the accompanying financial highlights excludes the reduction in expenses related to fees paid indirectly. The annualized expense ratio after waivers reflecting the reduction for fees paid indirectly for the period is as follows:
| | | | | | | | | | | | |
Fund | | Class IA | | | Class IB | | | Class IC | |
Balanced HLS Fund | | | 0.63 | % | | | 0.88 | % | | | — | |
Capital Appreciation HLS Fund | | | 0.66 | % | | | 0.91 | % | | | 1.17 | % |
Disciplined Equity HLS Fund | | | 0.76 | % | | | 1.01 | % | | | — | |
Dividend & Growth HLS Fund | | | 0.67 | % | | | 0.92 | % | | | — | |
Global Growth HLS Fund | | | 0.81 | % | | | 1.06 | % | | | — | |
Growth Opportunities HLS Fund | | | 0.64 | % | | | 0.89 | % | | | 1.15 | % |
Healthcare HLS Fund | | | 0.86 | % | | | 1.11 | % | | | — | |
High Yield HLS Fund | | | 0.76 | % | | | 1.01 | % | | | — | |
International Opportunities HLS Fund | | | 0.73 | % | | | 0.98 | % | | | — | |
MidCap HLS Fund | | | 0.69 | % | | | 0.94 | % | | | — | |
MidCap Value HLS Fund | | | 0.84 | % | | | 1.09 | % | | | — | |
Small Company HLS Fund | | | 0.70 | % | | | 0.95 | % | | | — | |
Small/Mid Cap Equity HLS Fund | | | 0.86 | % | | | 1.11 | % | | | — | |
SmallCap Growth HLS Fund | | | 0.64 | % | | | 0.89 | % | | | — | |
Stock HLS Fund | | | 0.51 | % | | | 0.76 | % | | | — | |
Total Return Bond HLS Fund | | | 0.51 | % | | | 0.76 | % | | | — | |
Ultrashort Bond HLS Fund | | | 0.43 | % | | | 0.68 | % | | | — | |
U.S. Government Securities HLS Fund | | | 0.49 | % | | | 0.74 | % | | | — | |
Value HLS Fund | | | 0.77 | % | | | 1.02 | % | | | — | |
| | e) | Distribution Plans for Class IB and Class IC Shares – Hartford Funds Distributors, LLC (“HFD”), an indirect subsidiary of The Hartford, is the principal underwriter and distributor of each Fund. Each Company, on behalf of its respective Funds, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act for Class IB shares and each Company, on behalf of certain Funds, has adopted a Distribution Plan pursuant to Rule 12b-1 of the 1940 Act for Class IC shares. |
Pursuant to the Class IB Plan, each Fund may pay the Distributor a fee of up to 0.25% of the average daily net assets of the Fund attributable to its Class IB shares for distribution financing activities and shareholder account servicing activities. The entire amount of the fee may be used for shareholder servicing expenses and/or distribution expenses. Pursuant to the Class IC Plan, certain Funds may pay the Distributor a fee of up to 0.25% of the average daily net assets of the Fund attributable to its Class IC shares for distribution financing activities.
Each Board has the authority to suspend or reduce these payments at any point in time. The distribution fees paid during the period can be found on the Statements of Operations. These fees are accrued daily and paid monthly or at such other intervals as each Company’s Board of Directors may determine.
| | f) | Administrative Services Fee for Class IC Shares – Certain Funds may pay an administrative services fee to third party insurance companies up to 0.25% of the average daily net assets of the Fund attributable to its Class IC shares for recordkeeping and/or other administrative services provided to such Class IC shares. The total administrative services fees paid during the period are shown on the Statements of Operations. These fees are accrued daily and paid monthly. |
| | g) | Other Related Party Transactions – Certain officers of each Company are directors and/or officers of HFMC and/or The Hartford or its subsidiaries. For the six-month period ended June 30, 2015, a portion of each Company’s Chief Compliance Officer’s compensation was paid by all of the investment companies in the Hartford fund complex. Hartford Administrative Services Company (“HASCO”), an indirect subsidiary of The Hartford, provides transfer agent services to each Fund. Pursuant to a sub-transfer agency agreement between HASCO and Boston Financial Data Services, Inc. (“BFDS”), HASCO has delegated certain transfer agent, dividend disbursing agent and shareholder servicing agent functions to BFDS. HASCO is compensated based on average daily net assets, plus out of pocket expenses for providing such services, a portion of which may be used to compensate BFDS. The amount paid to HASCO can be found in the Statements of Operations. These fees are accrued daily and paid monthly. |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
As of June 30, 2015, affiliates of The Hartford had ownership of shares in each Fund as follows:
Percentage of Class:
| | | | | | | | | | | | |
Fund | | Class IA | | | Class IB | | | Class IC | |
Balanced HLS Fund | | | — | | | | — | | | | — | |
Capital Appreciation HLS Fund | | | — | | | | — | | | | 1 | % |
Disciplined Equity HLS Fund | | | — | | | | — | | | | — | |
Dividend & Growth HLS Fund | | | — | | | | — | | | | — | |
Global Growth HLS Fund | | | — | | | | — | | | | — | |
Growth Opportunities HLS Fund | | | — | | | | — | | | | 1 | % |
Healthcare HLS Fund | | | — | | | | — | | | | — | |
High Yield HLS Fund | | | — | | | | — | | | | — | |
International Opportunities HLS Fund | | | — | | | | — | | | | — | |
MidCap HLS Fund | | | — | | | | — | | | | — | |
MidCap Value HLS Fund | | | — | | | | — | | | | — | |
Small Company HLS Fund | | | — | | | | — | | | | — | |
Small/Mid Cap Equity HLS Fund | | | — | | | | — | | | | — | |
SmallCap Growth HLS Fund | | | — | | | | — | | | | — | |
Stock HLS Fund | | | — | | | | — | | | | — | |
Total Return Bond HLS Fund | | | — | | | | — | | | | — | |
Ultrashort Bond HLS Fund | | | — | | | | — | | | | — | |
U.S. Government Securities HLS Fund | | | — | | | | — | | | | — | |
Value HLS Fund | | | — | | | | — | | | | — | |
Percentage of Fund:
| | | | | | | | | | | | |
Fund | | Class IA | | | Class IB | | | Class IC | |
Balanced HLS Fund | | | — | | | | — | | | | — | |
Capital Appreciation HLS Fund | | | — | | | | — | | | | — | %* |
Disciplined Equity HLS Fund | | | — | | | | — | | | | — | |
Dividend & Growth HLS Fund | | | — | | | | — | | | | — | |
Global Growth HLS Fund | | | — | | | | — | | | | — | |
Growth Opportunities HLS Fund | | | — | | | | — | | | | — | %* |
Healthcare HLS Fund | | | — | | | | — | | | | — | |
High Yield HLS Fund | | | — | | | | — | | | | — | |
International Opportunities HLS Fund | | | — | | | | — | | | | — | |
MidCap HLS Fund | | | — | | | | — | | | | — | |
MidCap Value HLS Fund | | | — | | | | — | | | | — | |
Small Company HLS Fund | | | — | | | | — | | | | — | |
Small/Mid Cap Equity HLS Fund | | | — | | | | — | | | | — | |
SmallCap Growth HLS Fund | | | — | | | | — | | | | — | |
Stock HLS Fund | | | — | | | | — | | | | — | |
Total Return Bond HLS Fund | | | — | | | | — | | | | — | |
Ultrashort Bond HLS Fund | | | — | | | | — | | | | — | |
U.S. Government Securities HLS Fund | | | — | | | | — | | | | — | |
Value HLS Fund | | | — | | | | — | | | | — | |
| | * | Percentage rounds to zero. |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| 9. | Investment Transactions: |
For the six-month period ended June 30, 2015, the cost of purchases and proceeds from sales of investment securities (excluding short-term investments) were as follows:
| | | | | | | | |
Fund | | Cost of Purchases
Excluding U.S.
Government
Obligations | | | Sales Proceeds
Excluding U.S.
Government
Obligations | |
Balanced HLS Fund | | $ | 265,280,080 | | | $ | 375,555,722 | |
Capital Appreciation HLS Fund | | $ | 2,534,796,263 | | | $ | 3,091,226,949 | |
Disciplined Equity HLS Fund | | $ | 77,065,316 | | | $ | 168,519,519 | |
Dividend & Growth HLS Fund | | $ | 378,892,607 | | | $ | 620,429,100 | |
Global Growth HLS Fund | | $ | 128,906,022 | | | $ | 152,567,090 | |
Growth Opportunities HLS Fund | | $ | 714,830,662 | | | $ | 795,650,536 | |
Healthcare HLS Fund | | $ | 82,785,088 | | | $ | 55,680,435 | |
High Yield HLS Fund | | $ | 62,196,737 | | | $ | 67,873,290 | |
International Opportunities HLS Fund | | $ | 551,172,073 | | | $ | 628,413,493 | |
MidCap HLS Fund | | $ | 317,755,135 | | | $ | 375,937,315 | |
MidCap Value HLS Fund | | $ | 59,894,286 | | | $ | 98,458,740 | |
Small Company HLS Fund | | $ | 703,323,706 | | | $ | 734,371,511 | |
Small/Mid Cap Equity HLS Fund | | $ | 46,104,735 | | | $ | 53,954,391 | |
SmallCap Growth HLS Fund | | $ | 412,362,693 | | | $ | 264,048,220 | |
Stock HLS Fund | | $ | 209,534,486 | | | $ | 327,757,967 | |
Total Return Bond HLS Fund | | $ | 952,725,675 | | | $ | 777,631,756 | |
Ultrashort Bond HLS Fund | | $ | 89,077,155 | | | $ | 199,978,888 | |
U.S. Government Securities HLS Fund | | $ | 18,327,126 | | | $ | 41,989,846 | |
Value HLS Fund | | $ | 65,058,601 | | | $ | 98,411,340 | |
| | | | | | | | |
Fund | | Cost of Purchases
For U.S.
Government
Obligations | | | Sales Proceeds
For U.S.
Government
Obligations | |
Balanced HLS Fund | | $ | 45,527,503 | | | $ | 135,475,254 | |
Capital Appreciation HLS Fund | | $ | — | | | $ | — | |
Disciplined Equity HLS Fund | | $ | — | | | $ | — | |
Dividend & Growth HLS Fund | | $ | — | | | $ | — | |
Global Growth HLS Fund | | $ | — | | | $ | — | |
Growth Opportunities HLS Fund | | $ | — | | | $ | — | |
Healthcare HLS Fund | | $ | — | | | $ | — | |
High Yield HLS Fund | | $ | — | | | $ | — | |
International Opportunities HLS Fund | | $ | — | | | $ | — | |
MidCap HLS Fund | | $ | — | | | $ | — | |
MidCap Value HLS Fund | | $ | — | | | $ | — | |
Small Company HLS Fund | | $ | — | | | $ | — | |
Small/Mid Cap Equity HLS Fund | | $ | — | | | $ | — | |
SmallCap Growth HLS Fund | | $ | — | | | $ | — | |
Stock HLS Fund | | $ | — | | | $ | — | |
Total Return Bond HLS Fund | | $ | 700,065,631 | | | $ | 729,406,609 | |
Ultrashort Bond HLS Fund | | $ | 99,548,567 | | | $ | 89,306,998 | |
U.S. Government Securities HLS Fund | | $ | 39,765,315 | | | $ | 100,643,686 | |
Value HLS Fund | | $ | — | | | $ | — | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | |
Fund | | Total Cost of
Purchases | | | Total Sales
Proceeds | |
Balanced HLS Fund | | $ | 310,807,583 | | | $ | 511,030,976 | |
Capital Appreciation HLS Fund | | $ | 2,534,796,263 | | | $ | 3,091,226,949 | |
Disciplined Equity HLS Fund | | $ | 77,065,316 | | | $ | 168,519,519 | |
Dividend & Growth HLS Fund | | $ | 378,892,607 | | | $ | 620,429,100 | |
Global Growth HLS Fund | | $ | 128,906,022 | | | $ | 152,567,090 | |
Growth Opportunities HLS Fund | | $ | 714,830,662 | | | $ | 795,650,536 | |
Healthcare HLS Fund | | $ | 82,785,088 | | | $ | 55,680,435 | |
High Yield HLS Fund | | $ | 62,196,737 | | | $ | 67,873,290 | |
International Opportunities HLS Fund | | $ | 551,172,073 | | | $ | 628,413,493 | |
MidCap HLS Fund | | $ | 317,755,135 | | | $ | 375,937,315 | |
MidCap Value HLS Fund | | $ | 59,894,286 | | | $ | 98,458,740 | |
Small Company HLS Fund | | $ | 703,323,706 | | | $ | 734,371,511 | |
Small/Mid Cap Equity HLS Fund | | $ | 46,104,735 | | | $ | 53,954,391 | |
SmallCap Growth HLS Fund | | $ | 412,362,693 | | | $ | 264,048,220 | |
Stock HLS Fund | | $ | 209,534,486 | | | $ | 327,757,967 | |
Total Return Bond HLS Fund | | $ | 1,652,791,306 | | | $ | 1,507,038,365 | |
Ultrashort Bond HLS Fund | | $ | 188,625,722 | | | $ | 289,285,886 | |
U.S. Government Securities HLS Fund | | $ | 58,092,440 | | | $ | 142,633,532 | |
Value HLS Fund | | $ | 65,058,601 | | | $ | 98,411,340 | |
| 10. | Capital Share Transactions: |
The following information is for the six-month period ended June 30, 2015, and the year ended December 31, 2014:
| | | | | | | | | | | | | | | | |
Balanced HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 261,818 | | | $ | 7,228,587 | | | | 1,016,227 | | | $ | 26,555,626 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 1,665,575 | | | | 45,323,982 | |
Shares Redeemed | | | (6,881,811 | ) | | | (189,567,617 | ) | | | (18,917,889 | ) | | | (493,775,737 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (6,619,993 | ) | | | (182,339,030 | ) | | | (16,236,087 | ) | | | (421,896,129 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 56,020 | | | $ | 1,559,533 | | | | 126,694 | | | $ | 3,392,605 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 197,051 | | | | 5,428,017 | |
Shares Redeemed | | | (1,149,758 | ) | | | (32,081,691 | ) | | | (2,837,831 | ) | | | (74,968,148 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,093,738 | ) | | | (30,522,158 | ) | | | (2,514,086 | ) | | | (66,147,526 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (7,713,731 | ) | | $ | (212,861,188 | ) | | | (18,750,173 | ) | | $ | (488,043,655 | ) |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | |
Capital Appreciation HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 1,514,995 | | | $ | 84,377,504 | | | | 6,700,296 | | | $ | 401,262,092 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 18,007,312 | | | | 997,893,277 | |
Shares Redeemed | | | (10,883,091 | ) | | | (615,484,233 | ) | | | (24,279,839 | ) | | | (1,433,686,002 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (9,368,096 | ) | | | (531,106,729 | ) | | | 427,767 | | | | (34,530,633 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 58,322 | | | $ | 3,269,680 | | | | 188,821 | | | $ | 10,782,159 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 2,189,104 | | | | 120,021,913 | |
Shares Redeemed | | | (1,351,964 | ) | | | (75,944,876 | ) | | | (4,656,944 | ) | | | (272,505,170 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,293,642 | ) | | | (72,675,196 | ) | | | (2,279,019 | ) | | | (141,701,098 | ) |
| | | | | | | | | | | | | | | | |
Class IC | | | | | | | | | | | | | | | | |
Shares Sold | | | 121,612 | | | $ | 6,902,251 | | | | 61,928 | | | $ | 3,444,399 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 2,122 | | | | 117,200 | |
Shares Redeemed | | | (6,222 | ) | | | (354,839 | ) | | | (794 | ) | | | (43,794 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | 115,390 | | | | 6,547,412 | | | | 63,256 | | | | 3,517,805 | |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (10,546,348 | ) | | $ | (597,234,513 | ) | | | (1,787,996 | ) | | $ | 172,713,926 | |
| | | | | | | | | | | | | | | | |
Disciplined Equity HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 149,719 | | | $ | 3,228,374 | | | | 403,695 | | | $ | 8,011,289 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 564,317 | | | | 11,917,305 | |
Shares Redeemed | | | (3,779,875 | ) | | | (81,443,804 | ) | | | (10,159,438 | ) | | | (196,512,486 | ) |
| �� | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (3,630,156 | ) | | | (78,215,430 | ) | | | (9,191,426 | ) | | | (176,583,892 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 44,443 | | | $ | 954,173 | | | | 178,285 | | | $ | 3,578,777 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 70,541 | | | | 1,482,159 | |
Shares Redeemed | | | (726,413 | ) | | | (15,607,650 | ) | | | (1,587,375 | ) | | | (30,468,557 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (681,970 | ) | | | (14,653,477 | ) | | | (1,338,549 | ) | | | (25,407,621 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (4,312,126 | ) | | $ | (92,868,907 | ) | | | (10,529,975 | ) | | $ | (201,991,513 | ) |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | |
Dividend & Growth HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 1,417,593 | | | $ | 37,365,263 | | | | 2,824,776 | | | $ | 77,988,414 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 18,649,934 | | | | 492,460,367 | |
Shares Redeemed | | | (10,644,445 | ) | | | (283,662,766 | ) | | | (28,061,477 | ) | | | (774,792,328 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (9,226,852 | ) | | | (246,297,503 | ) | | | (6,586,767 | ) | | | (204,343,547 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 145,122 | | | $ | 3,862,162 | | | | 393,364 | | | $ | 10,839,363 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 3,058,738 | | | | 80,391,967 | |
Shares Redeemed | | | (2,052,284 | ) | | | (54,729,137 | ) | | | (5,789,235 | ) | | | (156,635,532 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,907,162 | ) | | | (50,866,975 | ) | | | (2,337,133 | ) | | | (65,404,202 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (11,134,014 | ) | | $ | (297,164,478 | ) | | | (8,923,900 | ) | | $ | (269,747,749 | ) |
| | | | | | | | | | | | | | | | |
Global Growth HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 373,217 | | | $ | 9,380,358 | | | | 647,760 | | | $ | 12,573,961 | |
Issued in Merger | | | — | | | | — | | | | 2,474,082 | | | | 60,232,275 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 76,202 | | | | 1,805,993 | |
Shares Redeemed | | | (1,050,873 | ) | | | (26,166,213 | ) | | | (2,961,963 | ) | | | (67,948,275 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (677,656 | ) | | | (16,785,855 | ) | | | 236,081 | | | | 6,663,954 | |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 81,532 | | | $ | 2,029,551 | | | | 178,451 | | | $ | 4,066,109 | |
Issued in Merger | | | — | | | | — | | | | 1,052,659 | | | | 24,367,487 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 10,302 | | | | 242,510 | |
Shares Redeemed | | | (451,639 | ) | | | (11,181,548 | ) | | | (896,014 | ) | | | (20,396,513 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (370,107 | ) | | | (9,151,997 | ) | | | 345,398 | | | | 8,279,593 | |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (1,047,763 | ) | | $ | (25,937,852) | | | | 581,479 | | | $ | 14,943,547 | |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | |
Growth Opportunities HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 365,003 | | | $ | 15,225,978 | | | | 495,381 | | | $ | 18,295,216 | |
Issued in Merger | | | — | | | | — | | | | 3,721,842 | | | | 160,101,000 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 5,256,708 | | | | 194,393,056 | |
Shares Redeemed | | | (2,268,548 | ) | | | (93,687,971 | ) | | | (5,564,784 | ) | | | (224,530,390) | |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,903,545 | ) | | | (78,461,993 | ) | | | 3,909,147 | | | | 148,258,882 | |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 202,556 | | | $ | 8,246,708 | | | | 244,740 | | | $ | 11,340,021 | |
Issued in Merger | | | — | | | | — | | | | 1,470,452 | | | | 61,940,000 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 761,955 | | | | 27,514,208 | |
Shares Redeemed | | | (412,529 | ) | | | (16,626,580 | ) | | | (1,053,911 | ) | | | (40,690,411 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (209,973 | ) | | | (8,379,872 | ) | | | 1,423,236 | | | | 60,103,818 | |
| | | | | | | | | | | | | | | | |
Class IC | | | | | | | | | | | | | | | | |
Shares Sold | | | 169,872 | | | $ | 7,087,664 | | | | 44,659 | | | $ | 1,714,981 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 1,247 | | | | 46,044 | |
Shares Redeemed | | | (8,999 | ) | | | (369,767 | ) | | | (1,589 | ) | | | (61,812 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | 160,873 | | | | 6,717,897 | | | | 44,317 | | | | 1,699,213 | |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (1,952,645 | ) | | $ | (80,123,968 | ) | | | 5,376,700 | | | $ | 210,061,913 | |
| | | | | | | | | | | | | | | | |
Healthcare HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 1,776,367 | | | $ | 57,909,494 | | | | 3,202,296 | | | $ | 90,156,793 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 809,581 | | | | 21,923,466 | |
Shares Redeemed | | | (1,250,136 | ) | | | (41,275,257 | ) | | | (3,456,814 | ) | | | (96,028,202 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | 526,231 | | | | 16,634,237 | | | | 555,063 | | | | 16,052,057 | |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 166,443 | | | $ | 5,213,403 | | | | 168,747 | | | $ | 4,602,942 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 183,076 | | | | 4,833,194 | |
Shares Redeemed | | | (176,699 | ) | | | (5,647,087 | ) | | | (566,277 | ) | | | (15,305,987 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (10,256 | ) | | | (433,684 | ) | | | (214,454 | ) | | | (5,869,851 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | 515,975 | | | $ | 16,200,553 | | | | 340,609 | | | $ | 10,182,206 | |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | |
High Yield HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 1,503,140 | | | $ | 12,883,986 | | | | 2,977,735 | | | $ | 26,543,410 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 3,066,972 | | | | 26,651,985 | |
Shares Redeemed | | | (4,635,637 | ) | | | (40,024,477 | ) | | | (11,724,021 | ) | | | (104,813,899) | |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (3,132,497 | ) | | | (27,140,491 | ) | | | (5,679,314 | ) | | | (51,618,504 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 253,690 | | | $ | 2,150,147 | | | | 611,335 | | | $ | 5,349,431 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 993,296 | | | | 8,502,614 | |
Shares Redeemed | | | (1,528,239 | ) | | | (12,966,988 | ) | | | (3,248,414 | ) | | | (28,595,208 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,274,549 | ) | | | (10,816,841 | ) | | | (1,643,783 | ) | | | (14,743,163 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (4,407,046 | ) | | $ | (37,957,332 | ) | | | (7,323,097 | ) | | $ | (66,361,667 | ) |
| | | | | | | | | | | | | | | | |
International Opportunities HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 2,457,926 | | | $ | 36,342,481 | | | | 11,515,523 | | | $ | 169,765,678 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 1,907,208 | | | | 28,436,476 | |
Shares Redeemed | | | (6,323,637 | ) | | | (94,655,060 | ) | | | (22,388,196 | ) | | | (331,505,772 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (3,865,711 | ) | | | (58,312,579 | ) | | | (8,965,465 | ) | | | (133,303,618 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 399,379 | | | $ | 5,844,776 | | | | 2,024,127 | | | $ | 31,232,954 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 268,060 | | | | 4,045,018 | |
Shares Redeemed | | | (1,415,059 | ) | | | (21,468,552 | ) | | | (3,236,566 | ) | | | (48,501,079 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,015,680 | ) | | | (15,623,776 | ) | | | (944,379 | ) | | | (13,223,107 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (4,881,391 | ) | | $ | (73,936,355 | ) | | | (9,909,844 | ) | | $ | (146,526,725 | ) |
| | | | | | | | | | | | | | | | |
MidCap HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 4,381,105 | | | $ | 170,258,279 | | | | 8,940,775 | | | $ | 344,106,456 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 5,167,625 | | | | 192,240,024 | |
Shares Redeemed | | | (4,536,318 | ) | | | (174,528,213 | ) | | | (8,509,678 | ) | | | (329,178,774 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (155,213 | ) | | | (4,269,934 | ) | | | 5,598,722 | | | | 207,167,706 | |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 1,304,692 | | | $ | 49,053,405 | | | | 157,530 | | | $ | 6,043,616 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 271,843 | | | | 10,000,370 | |
Shares Redeemed | | | (691,772 | ) | | | (27,263,173 | ) | | | (359,225 | ) | | | (13,716,831 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | 612,920 | | | | 21,790,232 | | | | 70,148 | | | | 2,327,155 | |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | 457,707 | | | $ | 17,520,298 | | | | 5,668,870 | | | $ | 209,494,861 | |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | |
MidCap Value HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 193,087 | | | $ | 2,956,125 | | | | 730,211 | | | $ | 11,362,850 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 3,278,942 | | | | 47,938,129 | |
Shares Redeemed | | | (2,289,397 | ) | | | (35,083,280 | ) | | | (4,694,976 | ) | | | (72,058,642 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (2,096,310 | ) | | | (32,127,155 | ) | | | (685,823 | ) | | | (12,757,663 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 97,315 | | | $ | 1,482,572 | | | | 209,789 | | | $ | 3,313,647 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 1,047,851 | | | | 15,235,747 | |
Shares Redeemed | | | (598,110 | ) | | | (9,064,643 | ) | | | (1,650,658 | ) | | | (25,363,125 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (500,795 | ) | | | (7,582,071 | ) | | | (393,018 | ) | | | (6,813,731 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (2,597,105 | ) | | $ | (39,709,226 | ) | | | (1,078,841 | ) | | $ | (19,571,394 | ) |
| | | | | | | | | | | | | | | | |
Small Company HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 3,639,063 | | | $ | 88,217,871 | | | | 6,960,505 | | | $ | 174,344,804 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 10,086,594 | | | | 226,746,631 | |
Shares Redeemed | | | (4,601,985 | ) | | | (110,840,437 | ) | | | (13,471,628 | ) | | | (335,078,168 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (962,922 | ) | | | (22,622,566 | ) | | | 3,575,471 | | | | 66,013,267 | |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 379,514 | | | $ | 8,811,010 | | | | 673,404 | | | $ | 16,295,371 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 1,101,190 | | | | 23,620,519 | |
Shares Redeemed | | | (535,206 | ) | | | (12,363,289 | ) | | | (1,776,759 | ) | | | (42,502,375 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (155,692 | ) | | | (3,552,279 | ) | | | (2,165 | ) | | | (2,586,485 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (1,118,614 | ) | | $ | (26,174,845 | ) | | | 3,573,306 | | | $ | 63,426,782 | �� |
| | | | | | | | | | | | | | | | |
Small/Mid Cap Equity HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 166,332 | | | $ | 1,626,306 | | | | 397,984 | | | $ | 4,270,334 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 2,261,931 | | | | 21,171,669 | |
Shares Redeemed | | | (910,177 | ) | | | (8,919,468 | ) | | | (2,707,830 | ) | | | (28,637,339 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (743,845 | ) | | | (7,293,162 | ) | | | (47,916 | ) | | | (3,195,336 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 108,021 | | | $ | 1,069,206 | | | | 483,494 | | | $ | 4,653,030 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 475,499 | | | | 4,426,898 | |
Shares Redeemed | | | (316,737 | ) | | | (3,070,250 | ) | | | (839,380 | ) | | | (8,908,741 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (208,716 | ) | | | (2,001,044 | ) | | | 119,613 | | | | 171,187 | |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (952,561 | ) | | $ | (9,294,206 | ) | | | 71,697 | | | $ | (3,024,149 | ) |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | |
SmallCap Growth HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 7,451,791 | | | $ | 220,691,805 | | | | 7,741,148 | | | $ | 234,726,639 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 3,962,872 | | | | 104,738,700 | |
Shares Redeemed | | | (2,888,410 | ) | | | (84,744,058 | ) | | | (6,070,533 | ) | | | (177,423,983 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | 4,563,381 | | | | 135,947,747 | | | | 5,633,487 | | | | 162,041,356 | |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 903,555 | | | $ | 25,608,616 | | | | 795,616 | | | $ | 24,308,467 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 865,284 | | | | 22,471,437 | |
Shares Redeemed | | | (514,962 | ) | | | (14,697,592 | ) | | | (1,315,429 | ) | | | (38,885,617 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | 388,593 | | | | 10,911,024 | | | | 345,471 | | | | 7,894,287 | |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | 4,951,974 | | | $ | 146,858,771 | | | | 5,978,958 | | | $ | 169,935,643 | |
| | | | | | | | | | | | | | | | |
Stock HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 61,172 | | | $ | 3,940,211 | | | | 381,671 | | | $ | 22,943,602 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 438,709 | | | | 28,166,569 | |
Shares Redeemed | | | (1,772,914 | ) | | | (113,634,657 | ) | | | (5,074,382 | ) | | | (304,217,724 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,711,742 | ) | | | (109,694,446 | ) | | | (4,254,002 | ) | | | (253,107,553 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 14,461 | | | $ | 924,595 | | | | 23,110 | | | $ | 1,411,089 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 44,140 | | | | 2,831,617 | |
Shares Redeemed | | | (264,686 | ) | | | (16,949,808 | ) | | | (719,520 | ) | | | (42,953,479 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (250,225 | ) | | | (16,025,213 | ) | | | (652,270 | ) | | | (38,710,773 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (1,961,967 | ) | | $ | (125,719,659 | ) | | | (4,906,272 | ) | | $ | (291,818,326 | ) |
| | | | | | | | | | | | | | | | |
Total Return Bond HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 5,598,086 | | | $ | 65,802,290 | | | | 13,906,174 | | | $ | 161,254,744 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 8,429,403 | | | | 97,443,902 | |
Shares Redeemed | | | (21,727,247 | ) | | | (254,700,396 | ) | | | (64,593,363 | ) | | | (753,674,817 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (16,129,161 | ) | | | (188,898,106 | ) | | | (42,257,786 | ) | | | (494,976,171 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 463,653 | | | $ | 5,411,960 | | | | 1,037,597 | | | $ | 11,943,691 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 984,627 | | | | 11,323,208 | |
Shares Redeemed | | | (3,016,435 | ) | | | (35,148,137 | ) | | | (7,667,399 | ) | | | (88,688,467 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (2,552,782 | ) | | | (29,736,177 | ) | | | (5,645,175 | ) | | | (65,421,568 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (18,681,943 | ) | | $ | (218,634,283 | ) | | | (47,902,961 | ) | | $ | (560,397,739 | ) |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
| | | | | | | | | | | | | | | | |
Ultrashort Bond HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 2,050,983 | | | $ | 20,572,225 | | | | 4,545,298 | | | $ | 45,540,750 | |
Shares Redeemed | | | (9,917,631 | ) | | | (99,463,744 | ) | | | (31,429,195 | ) | | | (314,815,438 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (7,866,648 | ) | | | (78,891,519 | ) | | | (26,883,897 | ) | | | (269,274,688 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 512,471 | | | $ | 5,120,814 | | | | 1,239,006 | | | $ | 12,389,812 | |
Shares Redeemed | | | (1,865,390 | ) | | | (18,639,562 | ) | | | (5,421,181 | ) | | | (54,208,090 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (1,352,919 | ) | | | (13,518,748 | ) | | | (4,182,175 | ) | | | (41,818,278 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (9,219,567 | ) | | $ | (92,410,267 | ) | | | (31,066,072 | ) | | $ | (311,092,966 | ) |
| | | | | | | | | | | | | | | | |
U.S. Government Securities HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 1,287,714 | | | $ | 13,566,104 | | | | 2,857,524 | | | $ | 29,752,648 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 1,128,686 | | | | 11,648,041 | |
Shares Redeemed | | | (4,655,669 | ) | | | (48,872,742 | ) | | | (12,688,761 | ) | | | (132,029,460 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (3,367,955 | ) | | | (35,306,638 | ) | | | (8,702,551 | ) | | | (90,628,771 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 201,638 | | | $ | 2,120,134 | | | | 591,060 | | | $ | 6,139,192 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 213,784 | | | | 2,201,980 | |
Shares Redeemed | | | (942,333 | ) | | | (9,861,691 | ) | | | (2,974,164 | ) | | | (30,852,008 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (740,695 | ) | | | (7,741,557 | ) | | | (2,169,320 | ) | | | (22,510,836 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (4,108,650 | ) | | $ | (43,048,195 | ) | | | (10,871,871 | ) | | $ | (113,139,607 | ) |
| | | | | | | | | | | | | | | | |
Value HLS Fund | | | | | | | | | | | | | | | | |
| | | For the Six-Month Period
Ended June 30, 2015 | | | For the Year Ended
December 31, 2014 | |
| | | Shares | | | Amount | | | Shares | | | Amount | |
Class IA | | | | | | | | | | | | | | | | |
Shares Sold | | | 889,889 | | | $ | 15,363,440 | | | | 2,123,997 | | | $ | 33,647,816 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 454,297 | | | | 7,727,803 | |
Shares Redeemed | | | (2,998,770 | ) | | | (51,317,551 | ) | | | (7,403,103 | ) | | | (118,335,543 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (2,108,881 | ) | | | (35,954,111 | ) | | | (4,824,809 | ) | | | (76,959,924 | ) |
| | | | | | | | | | | | | | | | |
Class IB | | | | | | | | | | | | | | | | |
Shares Sold | | | 42,945 | | | $ | 730,454 | | | | 139,305 | | | $ | 2,240,846 | |
Shares Issued for Reinvested Dividends | | | — | | | | — | | | | 71,208 | | | | 1,210,174 | |
Shares Redeemed | | | (495,087 | ) | | | (8,484,335 | ) | | | (1,473,615 | ) | | | (23,487,470 | ) |
| | | | | | | | | | | | | | | | |
Net Increase (Decrease) | | | (452,142 | ) | | | (7,753,881 | ) | | | (1,263,102 | ) | | | (20,036,450 | ) |
| | | | | | | | | | | | | | | | |
Total Net Increase (Decrease) | | | (2,561,023 | ) | | $ | (43,707,992 | ) | | | (6,087,911 | ) | | $ | (96,996,374 | ) |
| | | | | | | | | | | | | | | | |
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
Each Fund, together with certain other Hartford Funds, participates in a $350 million committed revolving line of credit facility. The facility is to be used for temporary or emergency purposes. Under the arrangement, the funds are required to own securities having a market value in excess of 300% of the total bank borrowings. The interest rate on borrowings varies depending on the nature of the loan. The facility also requires a fee to be paid based on the amount of the commitment. This commitment fee is allocated to all the funds participating in the line of credit based on the average net assets of the funds. During the six-month period ended June 30, 2015, none of the Funds had borrowings under this facility.
| 12. | Pending Legal Proceedings: |
On February 25, 2011, Jennifer L. Kasilag, Louis Mellinger, Judith M. Menendez, Jacqueline M. Robinson, and Linda A. Russell filed a derivative lawsuit against Hartford Investment Financial Services, LLC (“HIFSCO”) (now known as HFD) on behalf of six Hartford retail mutual funds in the United States District Court for the District of New Jersey, alleging that HIFSCO received excessive advisory and distribution fees in violation of its statutory fiduciary duty under Section 36(b) of the 1940 Act when serving as investment manager and principal underwriter, respectively, to the Hartford retail mutual funds. Although this action was purportedly filed on behalf of certain of the Hartford Funds, none of the Hartford Funds is itself a defendant to the suit. HIFSCO moved to dismiss and, in September 2011, the motion was granted in part and denied in part, with leave to amend the complaint. In November 2011, plaintiffs filed an amended complaint on behalf of certain Hartford retail mutual funds, The Hartford Global Health Fund (now known as The Hartford Healthcare Fund), The Hartford Conservative Allocation Fund, The Hartford Growth Opportunities Fund, The Hartford Inflation Plus Fund, The Hartford Advisers Fund (now known as The Hartford Balanced Fund), and The Hartford Capital Appreciation Fund. Plaintiffs seek to rescind the investment management agreements and distribution plans between HIFSCO and these funds and to recover the total fees charged thereunder or, in the alternative, to recover any improper compensation HIFSCO received, in addition to lost earnings. HIFSCO filed a partial motion to dismiss the amended complaint and, in December 2012, the court dismissed without prejudice the claims regarding distribution fees and denied the motion with respect to the advisory fees claims. In March 2014, the plaintiffs filed a new complaint that added as new plaintiffs The Hartford Floating Rate Fund and The Hartford Small Company Fund and named as a defendant HFMC, which assumed the role as investment manager to the funds as of January 2013. In March 2015, the plaintiffs filed a new complaint that removed The Hartford Small Company Fund as a plaintiff. HFMC and HIFSCO dispute the allegations and have filed a motion for summary judgment. Plaintiff has filed a motion for summary judgment.
No accrual for litigation relating to this matter has been recorded in the financial statements of the Funds because the Funds are not party to the suit.
On October 21, 2013 for the Ultrashort Bond HLS Fund, a reverse stock split was declared for the Class IA and Class IB shares at a ten to one ratio. The effect of the reverse stock split was to divide the number of outstanding shares by the reverse split factor, with a corresponding increase in the net asset value per share. The split was executed at the closing rounded NAV as of the prior business day. This transaction did not change the net assets of the Fund and the total value of a shareholder’s investment in the Fund did not change as a result of the reverse stock split. Prior year values represented in the Statement of Changes in Net Assets have not been adjusted. Data presented in the Financial Highlights has been adjusted retroactively to account for the reverse stock split.
Under each Company’s organizational documents, the Company shall indemnify its officers and directors to the full extent required or permitted under Maryland General Corporation Law and the federal securities laws. In addition, each Company, on behalf of its respective Funds, may enter into contracts that contain a variety of indemnifications. Each Company’s maximum exposure under these arrangements is unknown. However, as of the date of these financial statements, each Company has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.
| 15. | Recent Accounting Pronouncement: |
In June 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures, modifying Accounting Standards
Notes to Financial Statements – (continued)
June 30, 2015 (Unaudited)
Codification Topic 860. The amended guidance changes the accounting for repurchase-to-maturity transactions and repurchase financing arrangements. The guidance also requires new disclosures for certain transfers accounted for as sales and collateral supporting transactions that are accounted for as secured borrowings. ASU 2014-11 is effective for annual and interim periods beginning after December 15, 2014, except for the disclosures related to secured borrowings, which are effective for annual periods beginning after December 15, 2014, and for interim periods beginning after March 15, 2015. The adoption of ASU 2014-11 is not expected to have a material impact on the Funds’ results of operations or financial positions, but may impact the Funds’ disclosures.
General Information (Unaudited)
HOW TO OBTAIN A COPY OF THE FUNDS’ PROXY VOTING POLICIES AND VOTING RECORDS (UNAUDITED)
A description of the policies and procedures that each Fund uses to determine how to vote proxies relating to portfolio securities and information about how each Fund voted proxies relating to portfolio securities during the most recent twelve-month period ended June 30 are available (1) without charge, upon request, by calling 888-843-7824 and (2) on the SEC’s website at http://www.sec.gov.
QUARTERLY PORTFOLIO HOLDINGS INFORMATION (UNAUDITED)
Each Fund files a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. The Funds’ Forms N-Q are available (1) without charge, upon request, by calling 888-843-7824 and (2) on the SEC’s website at http://www.sec.gov. The Form N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.
Main Risks (Unaudited)
The main risks of investing in each Fund are described below. Each Fund’s Prospectus contains further information on the risks applicable to that Fund.
Active Trading Risk: (Capital Appreciation HLS Fund, Disciplined Equity HLS Fund, Global Growth HLS Fund, Growth Opportunities HLS Fund, High Yield HLS Fund, International Opportunities HLS Fund, Small Company HLS Fund, Small/Mid Cap Equity HLS Fund, SmallCap Growth HLS Fund, Total Return Bond HLS Fund and U.S. Government Securities HLS Fund only) Actively trading investments may result in higher costs (thus affecting performance).
Asset Allocation Strategy Risk: (Balanced HLS Fund and Capital Appreciation HLS Fund only) The portfolio managers’ asset allocation strategy may not always work as intended, and asset allocation does not guarantee better performance or reduce the risk of investment loss.
Derivatives Risk: (High Yield HLS Fund, Total Return Bond HLS Fund, U.S. Government Securities HLS Fund and Ultrashort Bond HLS Fund) Investments in derivatives can be volatile. Potential risks include currency risk, leverage risk (the risk that small market movements may result in large changes in the value of an investment), liquidity risk, index risk, pricing risk, and counterparty risk (the risk that the counterparty may be unwilling or unable to honor its obligations).
Dividend Paying Security Investment Risk: (Dividend and Growth HLS Fund only) Dividends are not guaranteed and are subject to change. Dividend paying securities as a group can fall out of favor with the market, causing a Fund to underperform.
Fixed Income Risk: (Balanced HLS Fund, High Yield HLS Fund, Total Return Bond HLS Fund, U.S. Government Securities HLS Fund and Ultrashort Bond HLS Fund) A Fund is subject to interest rate risk (the risk that the value of an investment decreases when interest rates rise), credit risk (the risk that the issuing company of a security is unable to pay interest and principal when due) and call risk (the risk that an investment may be redeemed early). These risks also apply to investments in U.S. government securities, which may not be guaranteed by the U.S. government.
Foreign Investment Risk: (Disciplined Equity HLS Fund, Dividend and Growth HLS Fund, Growth Opportunities HLS Fund, High Yield HLS Fund, MidCap HLS Fund, MidCap Value HLS Fund, Small Company HLS Fund, Small/Mid Cap Equity HLS Fund, SmallCap Growth HLS Fund, Stock HLS Fund and Value HLS Fund) Investments in foreign securities may be riskier than investments in U.S. securities. Potential risks include the risks of illiquidity, increased price volatility, less government regulation, less extensive and less frequent accounting and other reporting requirements, unfavorable changes in currency exchange rates, and economic and political disruptions.
Foreign Investment and Emerging Markets Risk: (Capital Appreciation HLS Fund, Global Growth HLS Fund, Healthcare HLS Fund, International Opportunities HLS Fund and Total Return Bond HLS Fund) Investments in foreign securities may be riskier than investments in U.S. securities. Potential risks include the risks of illiquidity, increased price volatility, less government regulation, less extensive and less frequent accounting and other reporting requirements, unfavorable changes in currency exchange rates, and economic and political disruptions. These risks are generally greater for investments in emerging markets.
Growth Investing Risk: (Global Growth HLS Fund, Growth Opportunities HLS Fund, Small Company HLS Fund and SmallCap Growth HLS Fund only) Growth investments can be volatile, and may fail to increase earnings or grow as quickly as anticipated. Growth-style investing falls in and out of favor, which may result in periods of underperformance.
Health Sector Risk: (Healthcare HLS Fund only) Risks of focusing investments on the health care sector include regulatory and legal developments, patent considerations, intense competitive pressures, rapid technological changes and potential product obsolescence, and liquidity risk.
Junk Bond Risk: (High Yield HLS Fund only) Investments in junk bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities.
Market, Selection and Strategy Risk: (All funds) A Fund’s share price may fluctuate due to market risk and/or security selections that may underperform the market or relevant benchmarks. If the sub-adviser’s investment strategy does not perform as expected, a Fund could underperform its peers or lose money. There is no guarantee a Fund will achieve its stated objective. With respect to the Capital Appreciation HLS Fund, Small Company HLS Fund, and SmallCap Growth HLS Fund, the investment styles employed by the portfolio managers may not be complementary, which could adversely affect the performance of the Fund.
Mid-Cap Stock Risk: (Global Growth HLS Fund, Growth Opportunities HLS Fund, International Opportunities HLS Fund, MidCap HLS Fund and MidCap Value HLS Fund) Mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.
Main Risks (Unaudited) – (continued)
Mortgage-Backed Securities Risk: (Balanced HLS Fund, Total Return Bond HLS Fund, U.S. Government Securities HLS Fund and Ultrashort Bond HLS Fund) Mortgage-backed securities are subject to interest rate risk, credit risk, prepayment risk, extension risk, and the risk that an investment’s value may be reduced or become worthless if it receives interest or income payments only after other investments in the same pool.
Quantitative Analysis Risk: (Disciplined Equity HLS Fund and Small/Mid Cap Equity HLS Fund only) Securities selected using quantitative analysis may perform differently from the broader stock market.
Reverse Repurchase Agreements and Dollar Rolls Risk: (Ultrashort Bond HLS Fund only) Reverse repurchase agreements and dollar rolls involve the risk that the market value of the securities that a Fund is committed to buy may decline below the repurchase price. These investments may also subject a Fund to the risk that the counterparty will not fulfill its obligations.
Small-Cap Stock Risk: (Small Company HLS Fund and SmallCap Growth HLS Fund only) Small-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.
Small/Mid-Cap Stock Risk: (Capital Appreciation HLS Fund, Healthcare HLS Fund and Small/Mid Cap Equity HLS Fund) Small- and mid-cap stocks are generally more volatile and risky and may be less liquid than large-cap stocks because they may have limited operating histories, narrow product lines, and focus on niche markets.
To Be Announced (TBA) Securities Risk: (Balanced HLS Fund, Total Return Bond HLS Fund and U.S. Government Securities HLS Fund) TBA securities include when-issued and delayed delivery securities and forward commitments. TBA securities involve the risk that the security the Fund buys will lose value prior to its delivery. There also is the risk that the security will not be issued or that the other party to the transaction will not meet its obligation. If this occurs, the Fund loses both the investment opportunity for the assets it set aside to pay for the security and any gain in the security’s price.
Value Investing Risk: (MidCap Value HLS Fund and Value HLS Fund only) Value investments are considered to be undervalued, but they may never attain their potential value. Value-style investing falls in and out of favor, which may result in periods of underperformance.
THIS PRIVACY POLICY IS NOT PART OF THIS REPORT
Privacy Policy and Practices of The Hartford Financial Services Group, Inc. and its Affiliates
(herein called “we, our, and us”)
This Privacy Policy applies to our United States Operations
We value your trust. We are committed to the responsible:
a) management;
b) use; and
c) protection;
of Personal Information.
This notice describes how we collect, disclose, and protect Personal Information.
We collect Personal Information to:
a) service your Transactions with us; and
b) support our business functions.
We may obtain Personal Information from:
a) You;
b) your Transactions with us; and
c) third parties such as a consumer-reporting agency.
Based on the type of product or service You apply for or get from us, Personal Information such as:
a) your name;
b) your address;
c) your income;
d) your payment; or
e) your credit history;
may be gathered from sources such as applications,
Transactions, and consumer reports.
To serve You and service our business, we may share certain Personal Information. We will share Personal Information, only as allowed by law, with affiliates such as:
a) our insurance companies;
b) our employee agents;
c) our brokerage firms; and
d) our administrators.
As allowed by law, we may share Personal Financial Information with our affiliates to:
a) market our products; or
b) market our services;
to You without providing You with an option to prevent these disclosures.
We may also share Personal Information, only as allowed by law, with unaffiliated third parties including:
a) independent agents;
b) brokerage firms;
c) insurance companies;
d) administrators; and
e) service providers;
who help us serve You and service our business.
When allowed by law, we may share certain Personal Financial Information with other unaffiliated third parties who assist us by performing services or functions such as:
a) taking surveys;
b) marketing our products or services; or
c) offering financial products or services under a joint agreement between us and one or more financial institutions.
We, and third parties we partner with, may track some of the pages You visit through the use of:
a) cookies;
b) pixel tagging; or
c) other technologies;
and currently do not process or comply with any web browser’s “do not track” signal or other similar mechanism that indicates a request to disable online tracking of individual users who visit our websites or use our services.
We will not sell or share your Personal Financial Information with anyone for purposes unrelated to our business functions without offering You the opportunity to:
a) “opt-out;” or
b) “opt-in;”
as required by law.
We only disclose Personal Health Information with:
a) your proper written authorization; or
b) as otherwise allowed or required by law.
Our employees have access to Personal Information in the course of doing their jobs, such as:
a) underwriting policies;
b) paying claims;
c) developing new products; or
d) advising customers of our products and services.
We use manual and electronic security procedures to maintain:
a) the confidentiality; and
b) the integrity of;
Personal Information that we have. We use these procedures to guard against unauthorized access.
Some techniques we use to protect Personal
Information include:
a) secured files;
b) user authentication;
c) encryption;
d) firewall technology; and
e) the use of detection software.
We are responsible for and must:
a) identify information to be protected;
b) provide an adequate level of protection for that data;
c) grant access to protected data only to those people who must use it in the performance of their job-related duties.
Employees who violate our Privacy Policy will be subject to discipline, which may include ending their employment with us.
At the start of our business relationship, we will give
You a copy of our current Privacy Policy.
We will also give You a copy of our current Privacy Policy once a year if You maintain a continuing business relationship with us.
We will continue to follow our Privacy Policy regarding Personal Information even when a business relationship no longer exists between us.
As used in this Privacy Notice:
Application means your request for our product or service. Personal Financial Information means financial information such as:
a) credit history;
b) income;
c) financial benefits; or
d) policy or claim information.
Personal Health Information means health information such as:
a) your medical records; or
b) information about your illness, disability or injury.
Personal Information means information that identifies You personally and is not otherwise available to the public. It includes:
a) Personal Financial Information; and
b) Personal Health Information.
Transaction means your business dealings with us, such as:
a) your Application;
b) your request for us to pay a claim; and
c) your request for us to take an action on your account.
You means an individual who has given us Personal Information in conjunction with:
a) asking about;
b) applying for; or
c) obtaining;
a financial product or service from us if the product or service is used mainly for personal, family, or household purposes.
This Privacy Policy is being provided on behalf of the following affiliates of The Hartford Financial Services Group, Inc.:
1stAGChoice, Inc.; Access CoverageCorp, Inc.; Access CoverageCorp Technologies, Inc.; American Maturity Life Insurance Company; Archway 60 R, LLC; Business Management Group, Inc.; DMS R, LLC; First State Insurance Company; Fountain Investors I LLC; Fountain Investors II LLC; Fountain Investors III LLC; Fountain Investors IV LLC; FTC Resolution Company LLC; Hart Re Group L.L.C.; Hartford Accident and Indemnity Company; Hartford Administrative Services Company; Hartford Casualty General Agency, Inc.; Hartford Casualty Insurance Company; Hartford Financial Services, LLC; Hartford Fire General Agency, Inc.; Hartford Fire Insurance Company; Hartford Funds Distributors, LLC; Hartford Funds Management Company, LLC; Hartford Funds Management Group, Inc.; Hartford Holdings, Inc.; Hartford HLS Series Fund II, Inc.; Hartford Insurance Company of Illinois; Hartford Insurance Company of the Midwest; Hartford Insurance Company of the Southeast; Hartford Integrated Technologies, Inc.; Hartford International Life Reassurance Corporation; Hartford Investment Management Company; Hartford Life and Accident Insurance Company; Hartford Life and Annuity Insurance Company; Hartford Life Insurance Company; Hartford Life, Inc.; Hartford Life International Holding Company; Hartford Life Private Placement, LLC; Hartford Lloyd’s Corporation; Hartford Lloyd’s Insurance Company; Hartford of Texas General Agency, Inc.; Hartford Residual Market, L.C.C.; Hartford Securities Distribution Company, Inc.; Hartford Series Fund, Inc.; Hartford Specialty Insurance Services of Texas, LLC; Hartford Strategic Investments, LLC; Hartford Underwriters General Agency, Inc.; Hartford Underwriters Insurance Company; Hartford-Comprehensive Employee Benefit Service Company; HDC R, LLC .; Heritage Holdings, Inc.; HIMCO Distribution Services Company; HIMCO Variable Insurance Trust; HLA LLC; HL Investment Advisors, LLC; Horizon Management Group, LLC; HRA Brokerage Services, Inc.; Lanidex Class B, LLC; New England Insurance Company; New England Reinsurance Corporation; Nutmeg Insurance Agency, Inc.; Nutmeg Insurance Company; Pacific Insurance Company, Limited; Planco, LLC; Property and Casualty Insurance Company of Hartford; Revere R, LLC; RVR R, LLC; Sentinel Insurance Company, Ltd.; Sunstone R, LLC; Symphony R, LLC; The Evergreen Group Incorporated; The Hartford Alternative Strategies Fund; The Hartford Mutual Funds, Inc.; The Hartford Mutual Funds II, Inc.; Trumbull Flood Management, L.L.C.; Trumbull Insurance Company; Twin City Fire Insurance Company.
HPP Revised February 2015
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.
Item 6. Investments
| | (a) | The Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the semi-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) | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are generally effective to provide reasonable assurance, as of a date within 90 days of |
| | the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
| | (b) | There have been changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) (“internal controls”) that occurred during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. The internal controls were revised to reflect that State Street Bank and Trust Company now provides certain administrative and accounting services to the registrant. |
Item 12. Exhibits.
(a)(1) Not applicable
(a)(2) Separate certifications for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)) and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.
(a)(3) Not applicable
(b) Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto.
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 31, 2015 | | | | By: | | /s/ James E. Davey |
| | | | | | James E. Davey, President and |
| | | | | | Chief Executive Officer |
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 31, 2015 | | | | By: | | /s/ James E. Davey |
| | | | | | James E. Davey, President and |
| | | | | | Chief Executive Officer |
| | | |
| Date: August 31, 2015 | | | | By: | | /s/ Michael Flook |
| | | | | | Michael Flook, Vice President, |
| | | | | | Treasurer and Controller |
