The Fund seeks to provide current income and long-term total return consistent with preservation of capital.
A low duration multi-sector closed-end fund that seeks diversification beyond corporate credit through a wide variety of securitized credit instruments and loans. The Fund is structured as an interval fund. It conducts quarterly repurchase offers of no less than 5% and no more than 25% of the Fund's outstanding shares at net asset value ("NAV").
% (as of 4/30/2020)
Average Annual Total Returns % (as of 4/30/2020)
|Hartford Schroders Opportunistic Income I||-6.72||---||---||---||---||-6.68|
|Morningstar CE Multisector Bond Category||-13.75||---||---||---||---||---|
% (as of 3/31/2020)
Average Annual Total Returns % (as of 3/31/2020)
|Hartford Schroders Opportunistic Income I||-9.78||---||---||---||---||-9.75|
|Morningstar CE Multisector Bond Category||-16.89||---||---||---||---||---|
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.
|As of Date||8/31/2019|
|30 Day SEC Yield||2.45%|
|Unsubsidized 30-Day SEC Yield||2.39%|
Fixed Income Holdings
|FNMA Mortgage Backed Securities (POOLS)||14.26|
|BX Commercial Mortgage Trust||11.12|
|CWHEQ Revolving Home Equity Loan Trust||7.66|
|FHLMC Mortgage Backed Securities (POOLS)||4.76|
|Ambac LSNI LLC||3.97|
|Credit Suisse Mortgage Capital Certificates||3.95|
|Bayview Commercial Asset Trust||3.43|
|Dewolf Park CLO Ltd.||3.31|
|OneMain Financial Issuance Trust||3.29|
|Preston Ridge Partners Mortgage Trust LLC||2.83|
|Total Portfolio %||58.58|
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03/31/2020 | pdf
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and the current performance.
03/31/2020 | pdf
This Pitchbook reviews the Funds' investment approach, investment team, investment process, and general portfolio parameters.
11/04/2019 | pdf
An annual update on the Fund that includes information about the Fund’s investment manager, sub-adviser, and operations.
11/04/2019 | pdf
A supplementary document to the Fund’s prospectus that includes additional information about the Fund and its operations.
Key Fund Information: The Fund is a continuously offered closed-end interval fund. Investors in a closed-end interval fund may purchase shares daily but do not have the right to redeem their shares on a daily basis. Shareholders may sell Fund shares only through the Fund’s quarterly offers to repurchase between 5% and 25% of its outstanding shares at Net Asset Value per share. There is no guarantee that an investor will be able to sell their shares in the quantity desired during a repurchase offer. There is no secondary market for Fund shares. Fund shares are not listed on an exchange. Investors should consider Fund shares to be an illiquid investment. The Fund expects to make monthly distributions, which may include a return of capital. Final determination of a distribution’s tax character will be made on Form 1099 DIV sent to shareholders each January. Investors who seek liquidity or cannot tolerate risk of loss should not invest in the Fund.