The Hartford Small Cap Value Fund (I share) underperformed the Russell 2000 Value Index during the quarter, however the Fund delivered overall positive returns.
Energy and information technology were the top performing sectors, while consumer discretionary and financials were the bottom performing sectors.
Weak selection in healthcare, industrials, and financials was partially offset by stronger selection in information technology and consumer discretionary.
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Market Overview
US equities ended lower in a volatile quarter, as shifting market sentiment between fears of a prolonged war in Iran and hopes for a quick resolution spurred considerable uncertainty about the path of