- Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company (N-Q)

Table of Contents

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-02281

THE HARTFORD INCOME SHARES FUND, INC.

(Exact name of registrant as specified in charter)

P. O. Box 2999, Hartford, Connecticut 06104-2999
(Address of Principal Executive Offices)

Edward P. Macdonald, Esquire
Life Law Unit
The Hartford Financial Services Group, Inc.
200 Hopmeadow Street
Simsbury, Connecticut 06089
(Name and Address of Agent for Service)

Registrant’s telephone number, including area code: [phone]

Date of fiscal year end: July 31 ^st
Date of reporting period: October 31, 2009

Form N-Q is to be used by management investment companies to file reports with the Commission not later than 60 days after the close of the first and third fiscal quarters, pursuant to Rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

 

 

 

---

TABLE OF CONTENTS

	Item 1. Schedule of Investments
	Item 2. Controls and Procedures
	Item 3. Exhibits
SIGNATURES
EXHIBIT LIST
EX-99.CERT Section 302 Certification

---

Table of Contents

Item 1. Schedule of Investments.

 

---

Table of Contents

The Hartford Income Shares Fund, Inc.

Schedule of Investments
October 31, 2009 (Unaudited)
(000’s Omitted)

Shares or Principal Amount						Market Value ╪
ASSET & COMMERCIAL MORTGAGE BACKED SECURITIES - 2.0%
				Finance and Insurance - 2.0%
				Bayview Commercial Asset Trust
$	4,479			7.00%, 07/25/2037 ⌂►		$	348
	6,589			7.18%, 01/25/2037 ⌂►†			461
				Bayview Financial Acquisition Trust
	500			2.39%, 05/28/2037 ⌂∆			6
				CBA Commercial Small Balance Commercial Mortgage
	3,826			3.00%, 01/25/2039 ⌂►			153
	4,373			7.25%, 07/25/2039 ⌂►			372
				Credit-Based Asset Servicing and Securitization
	82			0.51%, 05/25/2036 ■∆			51
				Renaissance Home Equity Loan Trust
	197			5.58%, 11/25/2036 ∆			173
	2,173			7.50%, 04/25/2037 - 06/25/2037			8
							1,572
				Total asset & commercial mortgage backed securities (cost $4,499)		$	1,572
CORPORATE BONDS: INVESTMENT GRADE - 72.0%
				Administrative Waste Management and Remediation - 0.5%
				Browning-Ferris Industries, Inc.
$	350			7.40%, 09/15/2035		$	402
				Air Transportation - 6.5%
				American Airlines, Inc.
	2,500			7.86%, 10/01/2011			2,488
				Continental Airlines, Inc.
	1,285			7.71%, 04/02/2021			1,215
	400			7.92%, 05/01/2010			398
	1,079			8.05%, 11/01/2020			1,068
				United Air Lines, Inc.
	47			7.19%, 04/01/2011			46
							5,215
				Arts, Entertainment and Recreation - 7.4%
				COX Communications, Inc.
	1,500			6.80%, 08/01/2028			1,503
				Hearst-Argyle Television, Inc.
	1,000			7.00%, 01/15/2018			832
				News America Holdings, Inc.
	119			6.90%, 08/15/2039 ■			126
	1,500			8.88%, 04/26/2023			1,775
				Time Warner Entertainment Co., L.P.
	1,400			8.38%, 07/15/2033			1,679
							5,915
				Beverage and Tobacco Product Manufacturing - 1.3%
				Altria Group, Inc.
	317			9.70%, 11/10/2018			390
	89			10.20%, 02/06/2039			119
				Anheuser-Busch Cos., Inc.
	92			8.20%, 01/15/2039 ■			116
				Anheuser-Busch InBev N.V.
	325			7.75%, 01/15/2019 ■			379
							1,004
				Chemical Manufacturing - 1.9%
				Union Carbide Corp.
$	2,000			7.75%, 10/01/2096		$	1,540
				Computer and Electronic Product Manufacturing - 1.5%
				Raytheon Co.
	1,000			7.20%, 08/15/2027			1,215
				Construction - 0.4%
				CRH America, Inc.
	300			8.13%, 07/15/2018			346
				Couriers and Messengers - 1.3%
				FedEx Corp.
	1,000			7.84%, 01/30/2018			1,044
				Finance and Insurance - 16.7%
				Bank of America Corp.
	225			6.50%, 08/01/2016			241
				Capital One Bank
	500			8.80%, 07/15/2019			592
				Citigroup, Inc.
	151			6.38%, 08/12/2014			160
	160			8.13%, 07/15/2039			186
	140			8.50%, 05/22/2019			164
				CNA Financial Corp.
	1,000			7.25%, 11/15/2023			872
				Comerica Capital Trust II
	572			6.58%, 02/20/2037 ∆			412
				Countrywide Financial Corp.
	10			4.50%, 06/15/2010			10
	16			5.80%, 06/07/2012			17
				Farmers Exchange Capital
	3,000			7.20%, 07/15/2048 ■			2,392
				Goldman Sachs Capital Trust II
	1,780			5.79%, 06/01/2012 ♠∆			1,324
				Guardian Life Insurance Co.
	533			7.38%, 09/30/2039 ■			539
				HSBC Finance Corp.
	500			7.00%, 05/15/2012 ‡			544
				Jefferies Group, Inc.
	279			8.50%, 07/15/2019			303
				JP Morgan Chase Capital II
	70			0.98%, 02/01/2027 ∆			50
				JP Morgan Chase Capital XXV
	914			6.80%, 10/01/2037			898
				Key Bank NA
	535			5.80%, 07/01/2014			527
				Liberty Mutual Group, Inc.
	250			7.00%, 03/15/2034 ■			204
				Manufacturers & Traders Trust Co.
	250			5.59%, 12/28/2020			206
				MONY Group, Inc.
	1,000			8.35%, 03/15/2010			1,021
				New York Life Insurance Co.
	338			6.75%, 11/15/2039 ■			343
				Simon Property Group L.P.
	110			6.75%, 05/15/2014			118
				State Street Capital Trust III
	323			8.25%, 03/15/2042 ∆			326

1

---

Table of Contents

The Hartford Income Shares Fund, Inc.

Schedule of Investments — (continued)
October 31, 2009 (Unaudited)
(000’s Omitted)

Shares or Principal Amount							Market Value ╪
CORPORATE BONDS: INVESTMENT GRADE - 72.0% — (continued)
				Finance and Insurance - 16.7% — (continued)
				State Street Capital Trust IV
$	360			1.30%, 06/15/2037 ∆		$	241
				Travelers Property Casualty Corp.
	1,000			7.75%, 04/15/2026			1,186
				USB Capital IX
	650			6.19%, 04/15/2011 ♠∆			499
							13,375
				Information - 13.3%
				AT&T Corp.
	1,750			8.00%, 11/15/2031			2,154
				Cingular Wireless Services, Inc.
	1,500			8.75%, 03/01/2031			1,978
				Embarq Corp.
	2,000			8.00%, 06/01/2036			2,069
				Qwest Corp.
	100			6.88%, 09/15/2033			84
				Tele-Communications, Inc.
	1,500			9.80%, 02/01/2012			1,718
				Telus Corp.
	400			8.00%, 06/01/2011			436
				Verizon Communications, Inc.
	292			8.75%, 11/01/2018			365
				Verizon Wireless
	1,429			8.50%, 11/15/2018 ■			1,780
							10,584
				Mining - 1.6%
				Anglo American Capital plc
	339			9.38%, 04/08/2014 ■			396
				Newmont Mining Corp.
	500			8.63%, 05/15/2011			528
				Phelps Dodge Corp.
	250			9.50%, 06/01/2031			281
				Rio Tinto Finance USA Ltd.
	85			9.00%, 05/01/2019			106
							1,311
				Miscellaneous Manufacturing - 3.9%
				Meccanica Holdings USA, Inc.
	259			6.25%, 07/15/2019 ■			279
				Northrop Grumman Space & Mission Systems Corp.
	1,000			7.75%, 06/01/2029			1,243
				Tyco International Group S.A.
	1,250			7.00%, 12/15/2019			1,426
				Tyco International Ltd.
	138			8.50%, 01/15/2019			168
							3,116
				Nonmetallic Mineral Product Manufacturing - 0.1%
				Holcim Ltd.
	61			6.00%, 12/30/2019 ■			63
				Paper Manufacturing - 1.3%
				Westvaco Corp.
	1,000			8.20%, 01/15/2030			1,001
				Petroleum and Coal Products Manufacturing - 5.5%
				Anadarko Petroleum Corp.
	200			6.45%, 09/15/2036			208
				Burlington Resources Finance Co.
	850			9.13%, 10/01/2021			1,140
				Cenovus Energy, Inc.
$	240			6.75%, 11/15/2039 ■		$	262
				ConocoPhillips Holding Co.
	1,000			6.95%, 04/15/2029			1,153
				Diamond Offshore Drilling, Inc.
	141			5.70%, 10/15/2039			138
				EnCana Corp.
	35			6.50%, 05/15/2019			39
				Nabors Industries, Inc.
	125			9.25%, 01/15/2019			151
				Petrobras International Finance Co.
	90			6.88%, 01/20/2040			90
				Valero Energy Corp.
	1,000			8.75%, 06/15/2030			1,057
	124			9.38%, 03/15/2019			147
							4,385
				Pipeline Transportation - 0.2%
				Kinder Morgan Energy Partners L.P.
	180			6.95%, 01/15/2038			193
				Primary Metal Manufacturing - 1.4%
				ArcelorMittal
	1,200			7.00%, 10/15/2039			1,135
				Professional, Scientific and Technical Services - 1.2%
				Electronic Data Systems Corp.
	750			7.45%, 10/15/2029			922
				Public Administration - 0.7%
				Waste Management, Inc.
	500			7.13%, 12/15/2017			555
				Rail Transportation - 1.3%
				Norfolk Southern Corp.
	1,000			8.63%, 05/15/2010			1,042
				Real Estate and Rental and Leasing - 1.3%
				ERAC USA Finance Co.
	1,000			8.00%, 01/15/2011 ■			1,052
				Retail Trade - 0.8%
				Delhaize America, Inc.
	500			9.00%, 04/15/2031			644
				Utilities - 1.9%
				CMS Panhandle Holding Co.
	1,000			7.00%, 07/15/2029			1,012
				Enel Finance International S.A.
	325			6.00%, 10/07/2039 ■			332
				Exelon Generation Co. LLC
	127			6.25%, 10/01/2039			133
							1,477
				Total corporate bonds: investment grade (cost $52,816)		$	57,536

2

---

Table of Contents

The Hartford Income Shares Fund, Inc.

Schedule of Investments — (continued)
October 31, 2009 (Unaudited)
(000’s Omitted)

Shares or Principal Amount						Market Value ╪
CORPORATE BONDS: NON-INVESTMENT GRADE - 18.3%
				Accommodation and Food Services - 0.5%
				Mandalay Resort Group
$	250			7.63%, 07/15/2013		$	197
				Wynn Las Vegas LLC
	250			6.63%, 12/01/2014			237
							434
				Air Transportation - 1.1%
				Continental Airlines, Inc.
	866			6.80%, 08/02/2018			773
				Delta Air Lines, Inc.
	444			0.00%, 04/30/2016 ⌂ •			122
							895
				Arts, Entertainment and Recreation - 2.2%
				Cenveo, Inc.
	400			10.50%, 08/15/2016 ■			393
				FireKeepers Development Authority
	750			13.88%, 05/01/2015 ■			810
				Pinnacle Entertainment, Inc.
	50			8.63%, 08/01/2017 ■			50
				TL Acquisitions, Inc.
	500			10.50%, 01/15/2015 ■			472
							1,725
				Computer and Electronic Product Manufacturing - 1.5%
				Lucent Technologies, Inc.
	1,500			6.45%, 03/15/2029			1,177
				Finance and Insurance - 1.6%
				Ford Motor Credit Co.
	1,200			5.70%, 01/15/2010			1,201
				Hub International Holdings, Inc.
	110			9.00%, 12/15/2014 ■			105
				Washington Mutual Preferred Funding
	1,000			0.00%, 03/15/2011 ■♠Ω			2
							1,308
				Information - 6.8%
				Charter Communications Operating LLC
	150			10.00%, 04/30/2012 ■Ψ			152
				Citizens Communications Co.
	500			9.00%, 08/15/2031			494
				Frontier Communications
	150			6.63%, 03/15/2015			144
				Intelsat Jackson Holdings Ltd.
	1,055			11.50%, 06/15/2016			1,108
				Level 3 Financing, Inc.
	750			12.25%, 03/15/2013			782
				MetroPCS Wireless, Inc.
	450			9.25%, 11/01/2014			453
				Nortel Networks Corp.
	650			0.00%, 09/01/2023 Ω			221
				Qwest Capital Funding, Inc.
	1,000			7.25%, 02/15/2011			1,000
				Sprint Capital Corp.
	1,500			6.88%, 11/15/2028			1,125
							5,479
				Machinery Manufacturing - 0.2%
				Briggs & Stratton Corp.
	170			8.88%, 03/15/2011			179
				Pipeline Transportation - 1.2%
				El Paso Corp.
$	1,000			8.05%, 10/15/2030		$	944
				Primary Metal Manufacturing - 0.4%
				Olin Corp.
	234			6.75%, 06/15/2016			225
	66			9.13%, 12/15/2011			69
							294
				Retail Trade - 1.5%
				Dillard’s, Inc.
	120			6.63%, 01/15/2018			94
	85			7.13%, 08/01/2018			66
				Federated Department Stores, Inc.
	1,000			8.50%, 06/01/2010			1,020
							1,180
				Utilities - 0.8%
				NRG Energy, Inc.
	285			7.25%, 02/01/2014			283
				Texas Competitive Electric Co.
	525			10.25%, 11/01/2015			373
							656
				Water Transportation - 0.3%
				Royal Caribbean Cruises Ltd.
	250			7.00%, 06/15/2013			241
				Wholesale Trade - 0.2%
				Supervalu, Inc.
	150			7.50%, 11/15/2014			150
				Total corporate bonds: non-investment grade (cost $15,666)		$	14,662
MUNICIPAL BONDS - 0.3%
				Transportation - 0.3%
				Bay Area Toll Auth
$	215			6.26%, 04/01/2049 ¤		$	217
				Total municipal bonds (cost $215)		$	217
U.S. GOVERNMENT AGENCIES - 0.3%
				Federal Home Loan Mortgage Corporation - 0.0%
$	7			9.00%, 09/01/2022		$	8
	8			10.50%, 12/01/2017			9
	4			11.50%, 06/01/2015			4
							21
				Federal National Mortgage Association - 0.1%
	43			8.00%, 09/01/2024 - 01/01/2025			49
	11			10.50%, 09/01/2017			12
	10			11.00%, 08/01/2011 - 02/01/2018			11
	6			12.00%, 09/01/2014			7
	6			12.50%, 10/01/2015			7
							86
				Government National Mortgage Association - 0.2%
	39			9.00%, 06/15/2021			45

3

---

Table of Contents

The Hartford Income Shares Fund, Inc.

Schedule of Investments — (continued)
October 31, 2009 (Unaudited)
(000’s Omitted)

Shares or Principal Amount								Market Value ╪
U.S. GOVERNMENT AGENCIES - 0.3% — (continued)
		Government National Mortgage Association - 0.2% - (continued)
$ 57		9.50%, 11/15/2020						$	65
									110
		Total U.S. government agencies (cost $196)						$	217
U.S. GOVERNMENT SECURITIES -4.1%
		U.S. Treasury Securities - 4.1%
		U.S. Treasury Bonds - 0.3%
$ 196		4.50%, 05/15/2038						$	205
38		4.75%, 02/15/2037							41
									246
		U.S. Treasury Notes - 3.8%
1,450		1.00%, 08/31/2011							1,455
104		1.50%, 12/31/2013							102
1,030		2.38%, 08/31/2014 - 09/30/2014							1,034
325		3.88%, 05/15/2018							340
109		4.63%, 02/29/2012							118
									3,049
									3,295
		Total U.S. government securities (cost $3,277)						$	3,295
COMMON STOCKS - 0.1%
		Telecommunication Services - 0.0%
2		Global Crossing Ltd. •						$	18
—		XO Holdings, Inc. •							—
									18
		Transportation - 0.1%
13		Delta Air Lines, Inc. •							93
		Total common stocks (cost $214)						$	111
PREFERRED STOCKS - 0.1%
		Finance - 0.1%
54		Federal Home Loan Mortgage Corp. •						$	59
		Total preferred stocks (cost $1,347)						$	59
WARRANTS - 0.0%
		Telecommunication Services - 0.0%
—		AboveNet, Inc. ⌂ •						$	6
—		XO Holdings, Inc. ⌂ •							—
									6
		Total warrants (cost $—)						$	6
		Total long-term investments (cost $78,230)						$	77,675
SHORT-TERM INVESTMENTS - 0.7%
		U.S. Treasury Bills - 0.7%
$ 535		0.07%, 1/14/2010□○						$	535
		Total short-term investments (cost $535)						$	535
		Total investments (cost $78,765) ▲			97.9	%		$	78,210
		Other assets and liabilities			2.1	%			1,670
		Total net assets			100.0	%		$	79,880

 

Note:		Percentage of investments as shown is the ratio of the total market value to total net assets. Market value of investments in foreign securities represents 5.7% of total net assets at October 31, 2009.
▲		At October 31, 2009, the cost of securities for federal income tax purposes was $78,830 and the aggregate gross unrealized appreciation and depreciation based on that cost were:

Unrealized Appreciation		$	6,938
Unrealized Depreciation			(7,558	)
Net Unrealized Depreciation		$	(620	)

†		The aggregate value of securities valued in good faith at fair value as determined under policies and procedures established by and under the supervision of the Fund’s Board of Directors at October 31, 2009, was $461, which represents 0.58% of total net assets.
●		Currently non-income producing. For long-term debt securities, items identified are in default as to payment of interest and/or principal.
‡		This security, or a portion of this security, has been segregated to cover funding requirements on investment transactions settling in the future.
∆		Variable rate securities; the rate reported is the coupon rate in effect at October 31, 2009.
■		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. Pursuant to guidelines adopted by the Board of Directors, these issues are determined to be liquid. The aggregate value of these securities at October 31, 2009, was $10,298, which represents 12.89% of total net assets.
♠		Perpetual maturity security. Maturity date shown is the first call date.
►		The interest rates disclosed for interest only strips represent effective yields based upon estimated future cash flows at October 31, 2009.
○		The interest rate disclosed for these securities represents the effective yield on the date of the acquisition.
¤		The cost of securities purchased on a when-issued or delayed delivery basis at October 31, 2009 was $215.
Ω		Debt security in default due to bankruptcy.

4

---

Table of Contents

The Hartford Income Shares Fund, Inc.

Schedule of Investments — (continued)
October 31, 2009 (Unaudited)
(000’s Omitted)

Ψ		The company is in bankruptcy. The investment held by the fund is current with respect to interest payments.
□		Security pledged as initial margin deposit for open futures contracts at October 31, 2009.
		Futures Contracts Outstanding at October 31, 2009

Description		Number of Contracts*				Position				Expiration Month				Unrealized Appreciation/(Depreciation)
5 Year U.S. Treasury Note			3			Short				Dec 2009				$	(3	)
10 Year U.S. Treasury Note			183			Short				Dec 2009					(305	)
U.S. Long Bond			46			Short				Dec 2009					23
														$	(285	)

 

*		The number of contracts does not omit 000’s.
⌂		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 and may have contractual restrictions on resale. A security may also be considered illiquid if the security lacks a readily available market or if its valuation has not changed for a certain period of time.

Period Acquired		Shares/ Par				Security				Cost Basis
09/2007			—			AboveNet, Inc. Warrants				$	—
05/2007 - 02/2009		$	4,479			Bayview Commercial Asset Trust, 7.00%, 07/25/2037 - 144A					612
12/2006 - 03/2009		$	6,589			Bayview Commercial Asset Trust, 7.18%, 01/25/2037 - 144A					602
04/2007		$	500			Bayview Financial Acquisition Trust, 2.39%, 05/28/2037					500
11/2006		$	3,826			CBA Commercial Small Balance Commercial Mortgage, 3.00%, 01/25/2039 - 144A					327
05/2007		$	4,373			CBA Commercial Small Balance Commercial Mortgage, 7.25%, 07/25/2039 - 144A					363
10/1996		$	444			Delta Air Lines, Inc.,10.50%, 04/30/2016					461
05/2006			—			XO Holdings, Inc. Warrants					—

The aggregate value of these securities at October 31, 2009 was $1,468 which represents 1.84% of total net assets.

╪		For information regarding the Fund’s policy for valuation of investments and other significant accounting policies, please refer to the Fund’s most recent shareholder report.

Distribution by Credit Quality
as of October 31, 2009

Rating		Percentage of Long Term Holdings
AAA			6.3	%
AA			1.4
A			26.2
BBB			45.9
BB			7.8
B			6.8
CCC			3.8
C			0.1
Not Rated			1.7
Total			100.0	%

5

---

Table of Contents

The Hartford Income Shares Fund, Inc.

Investment Valuation Hierarchy Level Summary
October 31, 2009 (Unaudited)
(000’s Omitted)

		Total				Level 1				Level 2				Level 3
Assets:
Asset & Commercial Mortgage Backed Securities		$	1,572			$	—			$	177			$	1,395
Common Stocks ‡			111				111				—				—
Corporate Bonds: Investment Grade			57,536				—				51,277				6,259
Corporate Bonds: Non-Investment Grade			14,662				—				13,473				1,189
Municipal Bonds			217				—				217				—
Preferred Stocks ‡			59				59				—				—
U.S. Government Agencies			217				—				217				—
U.S. Government Securities			3,295				786				2,509				—
Warrants ‡			6				—				6				—
Short-Term Investments			535				—				535				—
Total		$	78,210			$	956			$	68,411			$	8,843
Other Financial Instruments *		$	23			$	23			$	—			$	—
Liabilities:
Other Financial Instruments *		$	308			$	308			$	—			$	—

 

‡		The Fund has all or primarily all of these equity securities categorized in a single level. Refer to the Schedule of Investments for further industry breakout.
*		Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and swap contracts, which are valued at the unrealized appreciation/depreciation on the investment.

										Change in								Transfers In				Balance as of
		Balance as of July								Unrealized								and/or Out of				October 31,
		31, 2009				Realized Gain (Loss)				Appreciation				Net Sales				Level 3				2009
Assets:
Asset & Commercial Mortgage Backed Securities			1,686				(1,178	)			918	*			(26	)			(5	)			1,395
Corporate Bonds			8,165				(2	)			930	†			(1,645	)			—				7,448
Total		$	9,851			$	(1,180	)		$	1,848			$	(1,671	)		$	(5	)		$	8,843

 

*		Change in unrealized gains or losses in the current period relating to assets still held at October 31, 2009 was $98.
†		Change in unrealized gains or losses in the current period relating to assets still held at October 31, 2009 was $942.

6

---

Table of Contents

Item 2. Controls and Procedures.

(a) Based on an evaluation of the Registrant’s Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report, the Disclosure Controls and Procedures are effectively designed to ensure that information required to be disclosed by the Registrant is recorded, processed, summarized and reported by the date of this report, including ensuring that information required to be disclosed in the report is accumulated and communicated to the Registrant’s management, including the Registrant’s officers, as appropriate, to allow timely decisions regarding required disclosure.

(b) There were no significant changes in the Registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 3. Exhibits.

(a)

Section 302 certifications of the principal executive officer and principal financial officer of Registrant.

 

---

Table of Contents

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.

	THE HARTFORD INCOME SHARES FUND, INC.
Date: December 14, 2009	By:	/s/ Robert M. Arena
		Robert M. Arena
		Its: President

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Date: December 14, 2009	By:	/s/ Robert M. Arena
		Robert M. Arena
		Its: President
Date: December 14, 2009	By:	/s/ Tamara L. Fagely
		Tamara L. Fagely
		Its: Vice President, Treasurer and Controller

 

---

Table of Contents

EXHIBIT LIST

99.CERT		Certifications
		(i) Section 302 certification of principal executive officer
		(ii) Section 302 certification of principal financial officer