On Sept. 24, 2024, subadvisor Wellington Management Company announced Gregg Thomas would step down as portfolio manager at Hartford Capital Appreciation effective Feb. 28, 2025. (Thomas will remain at Wellington.) Thomas is one of the fund's three named portfolio managers, all from Wellington's Fundamental Factor team. Tom Simon and Veenu Ramchandani, the other two managers, will remain in place. This group serves two roles. First, it oversees the (generally stable) allocation of five sleeves of the fund, all run by Wellington portfolio management teams. It also runs one of the sleeves, a risk-management approach that holds about 15% of fund assets. Ramchandani recently rose to become a named manager in March 2024. So, while Thomas is an experienced hand, his impending departure from the strategy doesn't alter its prospects: It receives the same amount of attention as before. Accordingly, its People rating of Average still applies.
Hartford Capital Appreciation A ITHAX
- NAV / 1-Day Return 45.98 / −0.17 %
- Total Assets 6.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.060%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Large Blend
- Investment Style Large Blend
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 0.46%
- Turnover 62%
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:16 PM GMT+0
Morningstar’s Analysis ITHAX
Will ITHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Apple Inc | 7.35 | 470.3 Mil | Technology |
NVIDIA Corp | 5.29 | 338.5 Mil | Technology |
Microsoft Corp | 5.00 | 320.4 Mil | Technology |
Amazon.com Inc | 3.26 | 209.0 Mil | Consumer Cyclical |
Alphabet Inc Class A | 2.44 | 155.9 Mil | Communication Services |
UnitedHealth Group Inc | 2.38 | 152.3 Mil | Healthcare |
Future on E-mini S&P 500 Futures | 1.80 | 115.5 Mil | — |
Honeywell International Inc | 1.77 | 113.1 Mil | Industrials |
American Express Co | 1.63 | 104.6 Mil | Financial Services |
Usd | 1.62 | 103.6 Mil | Cash and Equivalents |