Hartford Schroders Emerging Markets Multi-Sector Bond Fund

8.73NAV (as of 12/12/2018)
+0.03 (+0.34%) NAV Change
Emerging Markets BondMorningstar Category
Emerging Mrkts Hard Currency Debt FundsLipper Classification

On 10/24/16, the Schroder Emerging Markets Multi-Sector Bond Fund (the “Predecessor Fund”) was reorganized into the Hartford Schroders Emerging Markets Multi-Sector Bond Fund, a new Hartford Fund that has substantially the same objective and strategies as the Predecessor Fund. As a result, all data prior to 10/24/16 is that of the Predecessor Fund.

Objective

Seeks to provide a return of long-term capital growth and income.

Overview

An emerging markets bond fund that integrates sovereign hard currency debt, local currency debt, emerging market corporate debt, and emerging market currency rates within an actively managed, strategic asset-allocation framework.

Hartford Schroders Emerging Markets Multi-Sector Bond Fund Update

Monthly portfolio review and outlook

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More About Hartford Schroders Emerging Markets Multi-Sector Bond Fund

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 11/30/2018)	Average Annual Total Returns % (as of 11/30/2018)
Hartford Schroders Emerging Markets Multi-Sector Bond I	-7.69	-6.56	5.02	2.53	---	2.51
Blended Benchmark	-5.03	-4.06	4.54	2.56	---	---
Morningstar Emerging Markets Bond Category	-5.93	-5.25	4.20	1.50	---	---

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 9/30/2018)	Average Annual Total Returns % (as of 9/30/2018)
Hartford Schroders Emerging Markets Multi-Sector Bond I	-6.10	-4.95	6.73	2.82	---	2.92
Blended Benchmark	-4.23	-3.36	5.61	2.86	---	---
Morningstar Emerging Markets Bond Category	-4.27	-3.56	5.75	1.84	---	---

SI = Since Inception. Fund Inception: 06/25/2013

Operating Expenses: Net 0.90% | Gross 0.92%

Performance prior to 10/24/16 for Class I-shares reflects the performance, fees, and expenses of the Investor Class of the Predecessor Fund. If Class I fees and expenses were reflected, performance would have differed. SI performance is calculated from 6/25/13.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's 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.

Growth of $10,000 (I-Share)

(as of 10/31/2018)

[{"date":"Wed Oct 31 00:00:00 EDT 2018","value":"11559.0"},{"date":"Sun Sep 30 00:00:00 EDT 2018","value":"11638.0"},{"date":"Fri Aug 31 00:00:00 EDT 2018","value":"11363.0"},{"date":"Tue Jul 31 00:00:00 EDT 2018","value":"11804.0"},{"date":"Sat Jun 30 00:00:00 EDT 2018","value":"11519.0"},{"date":"Thu May 31 00:00:00 EDT 2018","value":"11891.0"},{"date":"Mon Apr 30 00:00:00 EDT 2018","value":"12159.0"},{"date":"Sat Mar 31 00:00:00 EDT 2018","value":"12363.0"},{"date":"Wed Feb 28 00:00:00 EST 2018","value":"12432.0"},{"date":"Wed Jan 31 00:00:00 EST 2018","value":"12621.0"},{"date":"Sun Dec 31 00:00:00 EST 2017","value":"12394.0"},{"date":"Thu Nov 30 00:00:00 EST 2017","value":"12244.0"},{"date":"Tue Oct 31 00:00:00 EDT 2017","value":"12195.0"},{"date":"Sat Sep 30 00:00:00 EDT 2017","value":"12244.0"},{"date":"Thu Aug 31 00:00:00 EDT 2017","value":"12196.0"},{"date":"Mon Jul 31 00:00:00 EDT 2017","value":"11979.0"},{"date":"Fri Jun 30 00:00:00 EDT 2017","value":"11798.0"},{"date":"Wed May 31 00:00:00 EDT 2017","value":"11808.0"},{"date":"Sun Apr 30 00:00:00 EDT 2017","value":"11641.0"},{"date":"Fri Mar 31 00:00:00 EDT 2017","value":"11439.0"},{"date":"Tue Feb 28 00:00:00 EST 2017","value":"11367.0"},{"date":"Tue Jan 31 00:00:00 EST 2017","value":"11144.0"},{"date":"Sat Dec 31 00:00:00 EST 2016","value":"10898.0"},{"date":"Wed Nov 30 00:00:00 EST 2016","value":"10666.0"},{"date":"Mon Oct 31 00:00:00 EDT 2016","value":"11180.0"},{"date":"Fri Sep 30 00:00:00 EDT 2016","value":"11214.0"},{"date":"Wed Aug 31 00:00:00 EDT 2016","value":"11181.0"},{"date":"Sun Jul 31 00:00:00 EDT 2016","value":"11035.0"},{"date":"Thu Jun 30 00:00:00 EDT 2016","value":"10848.0"},{"date":"Tue May 31 00:00:00 EDT 2016","value":"10434.0"},{"date":"Sat Apr 30 00:00:00 EDT 2016","value":"10602.0"},{"date":"Thu Mar 31 00:00:00 EDT 2016","value":"10291.0"},{"date":"Mon Feb 29 00:00:00 EST 2016","value":"9715.0"},{"date":"Sun Jan 31 00:00:00 EST 2016","value":"9559.0"},{"date":"Thu Dec 31 00:00:00 EST 2015","value":"9637.0"},{"date":"Mon Nov 30 00:00:00 EST 2015","value":"9876.0"},{"date":"Sat Oct 31 00:00:00 EDT 2015","value":"9988.0"},{"date":"Wed Sep 30 00:00:00 EDT 2015","value":"9571.0"},{"date":"Mon Aug 31 00:00:00 EDT 2015","value":"9870.0"},{"date":"Fri Jul 31 00:00:00 EDT 2015","value":"10168.0"},{"date":"Tue Jun 30 00:00:00 EDT 2015","value":"10357.0"},{"date":"Sun May 31 00:00:00 EDT 2015","value":"10524.0"},{"date":"Thu Apr 30 00:00:00 EDT 2015","value":"10646.0"},{"date":"Tue Mar 31 00:00:00 EDT 2015","value":"10152.0"},{"date":"Sat Feb 28 00:00:00 EST 2015","value":"10121.0"},{"date":"Sat Jan 31 00:00:00 EST 2015","value":"9995.0"},{"date":"Wed Dec 31 00:00:00 EST 2014","value":"10066.0"},{"date":"Sun Nov 30 00:00:00 EST 2014","value":"10451.0"},{"date":"Fri Oct 31 00:00:00 EDT 2014","value":"10679.0"},{"date":"Tue Sep 30 00:00:00 EDT 2014","value":"10694.0"},{"date":"Sun Aug 31 00:00:00 EDT 2014","value":"11074.0"},{"date":"Thu Jul 31 00:00:00 EDT 2014","value":"11003.0"},{"date":"Mon Jun 30 00:00:00 EDT 2014","value":"11008.0"},{"date":"Sat May 31 00:00:00 EDT 2014","value":"10826.0"},{"date":"Wed Apr 30 00:00:00 EDT 2014","value":"10520.0"},{"date":"Mon Mar 31 00:00:00 EDT 2014","value":"10388.0"},{"date":"Fri Feb 28 00:00:00 EST 2014","value":"10217.0"},{"date":"Fri Jan 31 00:00:00 EST 2014","value":"10016.0"},{"date":"Tue Dec 31 00:00:00 EST 2013","value":"10202.0"},{"date":"Sat Nov 30 00:00:00 EST 2013","value":"10097.0"},{"date":"Thu Oct 31 00:00:00 EDT 2013","value":"10319.0"},{"date":"Mon Sep 30 00:00:00 EDT 2013","value":"10127.0"},{"date":"Sat Aug 31 00:00:00 EDT 2013","value":"9867.0"},{"date":"Wed Jul 31 00:00:00 EDT 2013","value":"10089.0"},{"date":"Sun Jun 30 00:00:00 EDT 2013","value":"10070.0"},{"date":"Tue Jun 25 00:00:00 EDT 2013","value":"10000.0"}]

Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Calendar Year Returns (%)
	Fund	Benchmark	Peergroup
2017	13.72	11.13	---
2016	13.09	10.04	---
2015	-4.26	-4.39	---
2014	-1.33	2.13	---

Excludes sales charges. If sales charges and taxes had been included, the value would have been lower.

Characteristics Holdings are subject to change. Percentages may be rounded.

Characteristics

Statistics
As of Date	10/31/2018
Net Assets	$105 million
# of Holdings	101
# of Issuers	78
Turnover (9/30/2018)	283%
Dividend Frequency	Quarterly

Holdings Characteristics
(as of 10/31/2018)
	Fund
Effective Duration	4.56 yrs

Regional Exposure (%)

(as of 10/31/2018)
label	value
Latin America	41
Eastern Europe	20
Asia-Pacific	13
Middle East	12
Africa	8
Developed Markets	4

Top 10 Countries (%)

(as of 10/31/2018)
label	percentage
Argentina	12
Turkey	11
Brazil	10
Mexico	8
Ukraine	5
Qatar	5
USA	5
China	5
Colombia	4
Lebanon	4

Credit Exposure (%)

(as of 10/31/2018)
label	value
Aaa/AAA	1
Aa/AA	5
A	7
Baa/BBB	19
Ba/BB	26
B	42
Caa/CCC or lower	3
Not Rated	0
Cash & Cash Offsets	-4

Credit exposure is the credit ratings for the underlying securities of the Fund as provided by Standard and Poor's (S&P), Moody's Investors Service, or Fitch and typically range from AAA/Aaa (highest) to C/D (lowest). If S&P, Moody's, and Fitch assign different ratings, the average rating is used. If only two ratings agencies assign ratings, the average rating is used. Securities that are not rated by any of the three agencies are listed as "Not Rated". The ratings breakdown includes cash and cash equivalents. Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.

Top Ten Issuers (%)

10/31/2018
9/30/2018

(as of 10/31/2018)
label	percentageholding
Turkey Government International Bond	8.24
Provincia de Buenos Aires	4.92
Qatar Government International Bond	4.88
Argentine Republic Government International Bond	4.51
Brazil Notas do Tesouro Nacional	4.30
Ukraine Government International Bond	4.03
Lebanon Government International Bond	3.99
Indonesia Treasury Bond	3.06
Provincia de Cordoba	2.30
Eskom Holdings SOC Ltd.	1.99
Total Portfolio %	42.22

(as of 9/30/2018)
label	percentageholding
Argentine Republic Government International Bond	5.66
Qatar Government International Bond	5.58
Ukraine Government International Bond	5.20
Provincia de Buenos Aires	5.01
Lebanon Government International Bond	4.56
Eskom Holdings SOC Ltd.	4.26
Turkey Government International Bond	3.22
Petroleos Mexicanos	2.61
Russian Federal Bond - OFZ	2.46
Provincia de Cordoba	2.23
Total Portfolio %	40.79

PDF Full Portfolio Holdings

Top Ten Currencies (%)

(as of 10/31/2018)
label	percentage
US DOLLAR	89
ARGENTINE PESO	5
BRAZIL REAL	4
INDONESIAN RUP.	3
RUSSIAN ROUBLE	1
COLOMBIAN PESO	1
Turkish Lira	1
PERU NUEVO SOL	1
COMMERCIAL RAND	-2
MEXICAN PESO	-3

Fund Essentials
Inception Date	06/25/2013
Symbol	SMSNX
CUSIP	41665H755
Fund Number	1814

Yields
As of Date	11/30/2018
30 Day SEC Yield	7.56%
Unsubsidized 30-Day SEC Yield	7.34%

Insights

Five Charts That Explain the Case for Emerging Markets

Fri Nov 02 09:30:00 EDT 2018

Many investors struggle to find the right place for it in their portfolios, but emerging markets present potentially significant opportunities.

Shelter From the Storm

Mon Oct 22 12:42:00 EDT 2018

A fixed-income forecast for a rising-rate world.

The 5-Minute Forecast 4Q18

Thu Oct 18 11:24:00 EDT 2018

A concise summary of the Hartford Funds Multi-Asset Team’s views on the main challenges facing investors: Growth, Income, Volatility, Inflation, and Taxes.

Literature

Important Risks: Investing involves risk, including the possible loss of principal. There is no guarantee a fund will achieve its stated objective. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Privately placed, restricted (Rule 144A) securities may be more difficult to sell and price than other securities. • Derivatives are generally more volatile and sensitive to changes in market or economic conditions than other securities; their risks include currency, leverage, liquidity, index, pricing, and counterparty risk. • Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments in emerging markets. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability. • The Fund may invest in a smaller number of issuers and focus on investments in particular geographic regions or countries, so it may be more exposed to risks and volatility than a more broadly diversified fund.

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