Hartford Funds

What Hartford Funds does

Hartford Funds is a U.S.-domiciled asset management firm and wholly-owned subsidiary of The Hartford insurance group, offering actively managed mutual funds and exchange-traded funds across domestic equity, international equity, taxable bond, tax-advantaged bond, and multi-strategy asset classes, plus a SMART529 college savings plan. The firm's product platform comprises 66 funds distributed primarily through financial advisors and registered investment advisors, supported by DST Vision advisor infrastructure and self-serve direct-to-consumer portals for individual investors and 529 account holders. Approximately $160 billion in client assets were managed as of April 30, 2026.

The firm's core technology is its sub-advisory model, under which Wellington Management sub-advises roughly 83% of assets and Schroders sub-advises select strategies, providing Hartford Funds with institutional-grade portfolio management capabilities without owning in-house investment teams. The product lineup spans Class A (with up to 5.5% sales charges), Class C, and a deep institutional stack (F, I, R3, R4, R5, R6, Y, SDR), enabling distribution across retail, retirement, and institutional channels. ETF share classes carry expense ratios between 0.19% and 0.60%, while mutual fund expense ratios range from approximately 0.35% to 2.0%+ gross depending on share class.

Hartford Funds generates revenue through recurring investment management fees levied on assets under management, with the fee schedule varying by share class and channel. Distribution is primarily advisor-led across the U.S. only, supported by dedicated teams for RIAs, institutional consultants, and defined contribution plan sponsors. Performance claims include 90% of fixed-income funds outperforming their peer averages over 10 years and 78% of funds carrying expense ratios at or below peer averages. The firm is in the process of being acquired by Wellington Management for approximately $1.9 billion, announced June 3, 2026, with closing expected in Q1 2027.

Name

Hartford Funds

Legal name

Hartford Funds Management Group, Inc.

Website

https://hartfordfunds.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

251–500 employees

Short description

Hartford Funds is a U.S. asset management subsidiary of The Hartford offering actively managed mutual funds, ETFs, and a 529 college savings plan, sub-advised primarily by Wellington Management and distributed through financial advisors and direct channels across 66 funds and approximately $160 billion in client assets.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Asset & Allocation ETFs (Balanced, Target Risk) (FSAAAFAF)

Keywords

• Actively managed funds
• Exchange-traded funds
• Asset management services
• Mutual fund management
• College savings plans

Headquarters

HQ city

Wayne

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Investment Management Fees: Generates revenue through management fees charged on mutual funds and ETFs based on assets under management. Fees are assessed as expense ratios across different share classes (Class A, C, I, R3, R4, R5, R6, Y, SDR, F for mutual funds; ETF share classes).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Hartford Funds offers and distributes a diversified lineup of actively managed mutual funds and exchange-traded funds (ETFs) across domestic equity, international equity, taxable bond, tax-advantaged bond, multi-strategy, and alternatives categories, with portfolio management delivered through sub-advisory partnerships with Wellington Management and Schroders. The firm also offers the SMART529 college savings plan and serves financial advisors, individual investors, and institutional clients from operations in Wayne, PA and Kansas City, MO.

Product overview

Hartford Funds offers a diversified portfolio of actively managed mutual funds and ETFs across multiple asset classes, sub-advised by Wellington Management and Schroders. The product suite includes Domestic Equity funds (such as Hartford Capital Appreciation Fund, Hartford Dividend and Growth Fund), Global/International Equity funds (including Hartford International Equity Fund, Hartford Emerging Markets Equity Fund), Taxable Bond funds (such as Hartford Strategic Income Fund, Hartford Total Return Bond Fund), Tax-Advantaged Bond funds (including Hartford Municipal Opportunities ETF), and Multi-Strategy allocation funds. The company also offers the SMART529 College Savings Plan. The Hartford Equity Premium Income ETF (HEMI) represents a recent innovation combining US stocks with options strategies for income generation.

Differentiator

Problem solved

Functional benefit

Brands

• SMART529: College savings plan offered by Hartford Funds for education savings.

Products and services

• Hartford Mutual Funds Broad suite of actively managed mutual funds across Domestic Equity, Global/International Equity, Taxable Bond, Tax-Advantaged Bond, Multi-Strategy, and Alternatives asset classes, offered through multiple share classes (A, C, I, R3, R4, R5, R6, Y, SDR, F) for financial advisors, individual investors, and institutional clients.
• Hartford ETFs Suite of exchange-traded funds offering exposure to various asset classes including domestic equity, international equity, taxable bonds, and tax-advantaged bonds. ETFs are bought and sold at market price with no Hartford sales charge, and expense ratios range from 0.19% to 0.60% across various ETFs.
• Hartford Equity Premium Income ETF (HEMI) Actively managed ETF combining US stocks with a call options overlay, designed to generate income and offer potential capital appreciation for investors seeking equity income strategies.
• SMART529 College Savings Plan A 529 college savings plan offering tax-advantaged investment options for education savings, designed for families and individuals saving for higher education expenses.

Quantifiable outcome

• 90% of fixed-income funds outperformed peer averages over 10 years
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Wellington ManagementcoreStrategic or Co-development Partner · 3 June 2026Wellington Management has served as sub-adviser to Hartford Funds since 1978 (over 40-year partnership), currently sub-advising approximately 83% of Hartford Funds' assets. In June 2026, Wellington announced acquisition of Hartford Funds from The Hartford for approximately $1.9 billion, expected to close in Q1 2027 pending regulatory approvals.
• SchroderscoreTechnology or IntegrationSchroders serves as sub-adviser for select Hartford Funds, providing investment management expertise across equity and fixed income strategies. The partnership combines Schroders' global investment capabilities with Hartford's distribution platform.
• MIT AgeLabminorStrategic or Co-development PartnerPartnership with MIT AgeLab for behavioral research to deepen client relationships. Produces the Human-Centric Investing Podcast featuring insights on investor behavior, longevity planning, and effective advisor practices.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xtwitter.com/intent/follow?screen_name=hartfordfunds
• Facebookfacebook.com/HartfordFunds
• LinkedInlinkedin.com/company/hartford-funds
• Instagraminstagram.com/hartfordfunds

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hartford Funds