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Taxable Bond fund

Hartford Schroders Core Fixed Income Fund   

Taxable Bond fund

Hartford Schroders Core Fixed Income Fund   
Share Class - R4 (HSSBX)

Effective 11/30/23, the Fund (formerly known as the Hartford Schroders Sustainable Core Bond Fund) changed its name, objective, and principal investment strategy. Returns prior to 11/30/23 reflect the performance of the Fund's prior modified objective and modified principal investment strategy.

Objective

Seeks long-term total return consistent with the preservation of capital.

Overview

A core bond fund that adjusts sector exposure based on relative value analysis.

Portfolio Management
Portfolio Manager
6
YRS
MANAGING THIS FUND
14
YRS
AT SCHRODERS
17
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
6
YRS
MANAGING THIS FUND
11
YRS
AT SCHRODERS
27
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
6
YRS
MANAGING THIS FUND
11
YRS
AT SCHRODERS
26
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
3
YRS
MANAGING THIS FUND
11
YRS
AT SCHRODERS
15
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio managers are supported by the full resources of Schroders.

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Core Fixed Income R4 -0.83 2.82 -3.40 0.16 --- 1.18
Benchmark -0.71 2.63 -3.02 -0.23 --- ---
Morningstar Intermediate Core Bond Category -0.28 3.05 -2.99 -0.15 --- ---
 
CUMULATIVE %
(as of 6/30/2024)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 6/30/2024)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Core Fixed Income R4 -0.83 2.82 -3.40 0.16 --- 1.18
Benchmark -0.71 2.63 -3.02 -0.23 --- ---
Morningstar Intermediate Core Bond Category -0.28 3.05 -2.99 -0.15 --- ---

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.

SI = Since Inception. Fund Inception: 01/31/2018

Share Class Inception: 11/12/21
Share class performance prior to 11/15/21 reflects the performance, fees and expenses of R6 Class of the predecessor fund Schroder Core Bond Fund. If Class R4 fees and expenses were reflected, performance would have differed.

The Fund’s Class R4 shares have not been in operation for 10 years. Therefore, the Calendar Year Returns (R4 Shares) chart includes performance and operating expenses of another class. For more information, see the prospectus.

Characteristics

FUND ESSENTIALS
Inception Date 01/31/2018
Net Assets $88 million
Gross Operating Expenses 0.93%
Net Operating Expenses 0.76%
Morningstar Category Intermediate Core Bond
Lipper Classification Core Bond Funds
CUSIP 41665X255
Fund Number 2997
FUND STATS
Dividend Frequency
Monthly
# of Holdings
176
Holdings Characteristics
Yield to Worst (%)
5.08%
Effective Duration
6.97 yrs
Credit Exposure (%)
Aaa/AAA 13
Aa/AA 44
A 17
Baa/BBB 25
Ba/BB 0
B 0
Caa/CCC or lower 0
Not Rated 0
Cash & Cash Offsets 1
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 median rating is used. If only two agencies assign ratings, the lower rating is used. Securities that are not rated by any of the three agencies are listed as "Not Rated." Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.
Top 10 Holdings (%)
U.S. Treasury Bonds 16.61
U.S. Treasury Notes 8.08
Federal Home Loan Mortgage Corp. 5.46
Federal National Mortgage Association 4.59
Government National Mortgage Association 3.68
Bank of America Corp. 2.10
Goldman Sachs Group, Inc. 1.96
Energy Transfer LP 1.69
Toyota Auto Receivables Owner Trust 1.31
Wells Fargo & Co. 1.29
Total Portfolio % 46.77
Yields (%) (as of 6/30/24)
Distribution Yield at NAV
3.96
Trailing 12 Month Yield
4.29
30-Day SEC Yield
4.43
Unsubsidized 30-Day SEC Yield
4.43
Asset Allocation Exposure (%)
Corporate 44
US Treasuries 25
Agency Mortgage Backed Securities 12
Asset Backed Securities 5
Taxable Municipal 5
Cash and Cash Equivalents 5
Other 2
Mortgage Backed Securities 1
Cash 0
Government Related Agencies 0
Tax Exempt Municipal 0
Corporate 42
US Treasuries 33
Agency Mortgage Backed Securities 12
Taxable Municipal 4
Cash and Cash Equivalents 3
Other 3
Mortgage Backed Securities 2
Asset Backed Securities 1
Government Related Agencies 0
Cash 0
Tax Exempt Municipal 0
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
6/26/2024 8.53 $0.0282 $0.0000 $0.0000 $0.0282
5/29/2024 8.37 $0.0277 $0.0000 $0.0000 $0.0277
4/26/2024 8.33 $0.0293 $0.0000 $0.0000 $0.0293
3/26/2024 8.57 $0.0257 $0.0000 $0.0000 $0.0257
2/27/2024 8.50 $0.0312 $0.0000 $0.0000 $0.0312
1/29/2024 8.63 $0.0232 $0.0000 $0.0000 $0.0232
12/27/2023 8.79 $0.0514 $0.0000 $0.0000 $0.0514
12/15/2023 8.75 $0.0000 $0.0000 $0.0000 $0.0000
11/29/2023 8.49 $0.0456 $0.0000 $0.0000 $0.0456
10/30/2023 8.13 $0.0269 $0.0000 $0.0000 $0.0269
9/27/2023 8.27 $0.0273 $0.0000 $0.0000 $0.0273
8/29/2023 8.52 $0.0251 $0.0000 $0.0000 $0.0251
7/28/2023 8.61 $0.0240 $0.0000 $0.0000 $0.0240
Past distributions are not indicative of future distributions.
Fund Literature

03/31/2024 - PDF (214 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
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03/31/2024 - PDF (268 KB)
Current quarterly commentary from sub-adviser, Schroders, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
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ORDER PRINTS
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PDF (166 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
ORDER PRINTS
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03/31/2024 - PDF (878 KB)
This Pitchbook reviews the Fund's investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
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ORDER PRINTS
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PDF (2 KB)
An unaudited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
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PDF (13 KB)
A legal document that discloses essential information about a fund, including investment objectives, risks, fees, expenses, fund manager background and other information.
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PDF (2 KB)
An audited financial report, which includes a fund's financial statements. These reports are intended for shareholders and others who have reviewed the fund's prospectus.
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PDF (13 KB)
A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
SAVE
Important Risks: Investing involves risk, including the possible loss of principal. 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. • Obligations of U.S. Government agencies are supported by varying degrees of credit but are generally not backed by the full faith and credit of the U.S. Government. • Mortgage-related and asset-backed securities' risks include credit, interest-rate, prepayment, and extension risk. • Municipal securities may be adversely impacted by state/local, political, economic, or market conditions; these risks may be magnified if the Fund focuses its assets in municipal securities of issuers in a few select states. • The Fund may have high portfolio turnover, which could increase its transaction costs and an investor's tax liability. • The value of inflation-protected securities (IPS) generally fluctuates with changes in real interest rates, and the market for IPS may be less developed or liquid, and more volatile, than other securities markets. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • The purchase of securities in the To-Be-Announced (TBA) market can result in higher portfolio turnover and related expenses as well as price and counterparty risk. • Loans can be difficult to value and less liquid than other types of debt instruments; they are also subject to nonpayment, collateral, bankruptcy, default, extension, prepayment and insolvency risks. • Foreign investments, including foreign government debt, may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. • 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, regulatory and counterparty risk. • Financially material environmental, social and/or governance (ESG) characteristics are one of several factors that may be considered and as a result, the investment process may not work as intended.

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The material on this site is for informational and educational purposes only. The material should not be considered tax or legal advice and is not to be relied on as a forecast. The material is also not a recommendation or advice regarding any particular security, strategy or product. Hartford Funds does not represent that any products or strategies discussed are appropriate for any particular investor so investors should seek their own professional advice before investing. Hartford Funds does not serve as a fiduciary. Content is current as of the publication date or date indicated, and may be superseded by subsequent market and economic conditions.

Investing involves risk, including the possible loss of principal. Investors should carefully consider a fund's investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund, or ETF summary prospectus and/or prospectus, which can be obtained from a financial professional and should be read carefully before investing.

Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA|SIPC. ETFs are distributed by ALPS Distributors, Inc. (ALPS). Advisory services may be provided by Hartford Funds Management Company, LLC (HFMC) or its wholly owned subsidiary, Lattice Strategies LLC (Lattice). Certain funds are sub-advised by Wellington Management Company LLP and/or Schroder Investment Management North America Inc (SIMNA). Schroder Investment Management North America Ltd. (SIMNA Ltd) serves as a secondary sub-adviser to certain funds. HFMC, Lattice, Wellington Management, SIMNA, and SIMNA Ltd. are all SEC registered investment advisers. Hartford Funds refers to HFD, Lattice, and HFMC, which are not affiliated with any sub-adviser or ALPS. The funds and other products referred to on this Site may be offered and sold only to persons in the United States and its territories.

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