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Taxable Bond fund

Hartford Schroders Core Fixed Income Fund   

MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, and 5-Year, 4 stars, rated against 423, 423 and 385 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 11/30/2023)
423 PRODUCTS
Intermediate Core Bond Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, and 5-Year, 4 stars, rated against 423, 423 and 385 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
overall (as of 11/30/2023)
423 PRODUCTS
Intermediate Core Bond Category
Based on Risk-Adjusted Returns

Taxable Bond fund

Hartford Schroders Core Fixed Income Fund   
Share Class - I (HSAEX)

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
5
YRS
MANAGING THIS FUND
13
YRS
AT SCHRODERS
16
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
5
YRS
MANAGING THIS FUND
10
YRS
AT SCHRODERS
26
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
5
YRS
MANAGING THIS FUND
10
YRS
AT SCHRODERS
25
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
3
YRS
MANAGING THIS FUND
10
YRS
AT SCHRODERS
14
YRS
EXPERIENCE IN THIS INDUSTRY

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

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 11/30/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 11/30/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Core Fixed Income I 1.84 1.63 -4.68 1.06 --- 0.76
Benchmark 1.64 1.18 -4.47 0.71 --- ---
Morningstar Intermediate Core Bond Category 1.87 1.37 -4.35 0.63 --- ---
 
CUMULATIVE %
(as of 9/30/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 9/30/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Core Fixed Income I -1.00 0.83 -5.19 0.44 --- 0.28
Benchmark -1.21 0.64 -5.21 0.10 --- ---
Morningstar Intermediate Core Bond Category -0.83 0.77 -5.02 0.00 --- ---

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 the Investor Class of the predecessor fund Schroder Core Bond Fund (the "Predecessor Fund") and, prior to 6/29/20, the performance of the Predecessor Fund's R6 Class. If Class I fees and expenses were reflected, performance would have differed.

Hartford Schroders Core Fixed Income Fund I Share Morningstar Ratings
overall
(as of 11/30/2023)
Overall, 4 stars, 3-Year, 3 stars, and 5-Year, 4 stars, rated against 423, 423 and 385 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

423 PRODUCTS
|
Intermediate Core Bond Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 11/30/2023)
Overall, 4 stars, 3-Year, 3 stars, and 5-Year, 4 stars, rated against 423, 423 and 385 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

423 PRODUCTS
|
Intermediate Core Bond Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 11/30/2023)
Overall, 4 stars, 3-Year, 3 stars, and 5-Year, 4 stars, rated against 423, 423 and 385 products, respectively. Morningstar RatingTM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures . Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

385 PRODUCTS
|
Intermediate Core Bond Category
Based on Risk-Adjusted Returns
The Fund’s Class I shares have not been in operation for 10 years. Therefore, the Calendar Year Returns (I 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 $163 million
Gross Operating Expenses 0.60%
Net Operating Expenses 0.51%
Morningstar Category Intermediate Core Bond
Lipper Classification Core Bond Funds
CUSIP 41665X271
Fund Number 2993
FUND STATS
Dividend Frequency
Monthly
# of Holdings
203
Holdings Characteristics
Yield to Worst (%)
6.12%
Effective Duration
5.99 yrs
Credit Exposure (%)
Aaa/AAA 6
Aa/AA 52
A 13
Baa/BBB 29
Ba/BB 0
B 0
Caa/CCC or lower 0
Not Rated 0
Cash & Cash Offsets 0
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 (%)
Federal Home Loan Mortgage Corp. 13.36
U.S. Treasury Bonds 11.85
Federal National Mortgage Association 11.31
U.S. Treasury Notes 9.55
Government National Mortgage Association 5.65
Wells Fargo & Co. 1.95
Bank of America Corp. 1.60
Barclays PLC 1.38
Lloyds Banking Group PLC 1.19
United Utilities PLC 1.19
Total Portfolio % 59.03
U.S. Treasury Bonds 13.25
Federal Home Loan Mortgage Corp. 12.85
U.S. Treasury Notes 11.75
Federal National Mortgage Association 11.29
Government National Mortgage Association 5.21
Wells Fargo & Co. 1.84
Bank of America Corp. 1.66
Barclays PLC 1.35
Lloyds Banking Group PLC 1.29
Oracle Corp. 1.09
Total Portfolio % 61.58
Yields (%) (as of 11/30/23)
Distribution Yield at NAV
6.76
Trailing 12 Month Yield
4.13
30-Day SEC Yield
4.75
Unsubsidized 30-Day SEC Yield
4.70
Asset Allocation Exposure (%)
Corporate 44
Agency Mortgage Backed Securities 26
US Treasuries 22
Mortgage Backed Securities 3
Taxable Municipal 2
Other 2
Cash & Cash Equivalents 0
Tax Exempt Municipal 0
Asset Backed Securities 0
Government Related Agencies 0
Cash 0
Corporate 41
Agency Mortgage Backed Securities 26
US Treasuries 25
Mortgage Backed Securities 2
Taxable Municipal 2
Other 2
Cash 1
Asset Backed Securities 0
Government Related Agencies 0
Tax Exempt Municipal 0
Cash & Cash Equivalents 0
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
10/30/2023 8.10 $0.0289 $0.0000 $0.0000 $0.0289
9/27/2023 8.24 $0.0292 $0.0000 $0.0000 $0.0292
8/29/2023 8.50 $0.0272 $0.0000 $0.0000 $0.0272
7/28/2023 8.59 $0.0260 $0.0000 $0.0000 $0.0260
6/28/2023 8.67 $0.0273 $0.0000 $0.0000 $0.0273
5/30/2023 8.64 $0.0264 $0.0000 $0.0000 $0.0264
4/27/2023 8.75 $0.0248 $0.0000 $0.0000 $0.0248
3/29/2023 8.71 $0.0232 $0.0000 $0.0000 $0.0232
2/27/2023 8.59 $0.0256 $0.0000 $0.0000 $0.0256
1/30/2023 8.80 $0.0206 $0.0000 $0.0000 $0.0206
12/28/2022 8.57 $0.0415 $0.0000 $0.0000 $0.0415
12/16/2022 8.81 $0.0000 $0.0000 $0.0000 $0.0000
11/29/2022 8.62 $0.0224 $0.0000 $0.0000 $0.0224
Past distributions are not indicative of future distributions.
Fund Literature

09/30/2023 - PDF (179 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and the current performance.
09/30/2023 - PDF (272 KB)
Current quarterly commentary from sub-adviser, Schroders, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (148 KB)
A summary of a fund's full-length prospectus that provides key information potential investors should consider before making an investment decision.
This Pitchbook reviews the Fund's investment approach, investment team, investment process, portfolio statistics, top holdings, and current performance.
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.
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.
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.
PDF (13 KB)
A document that supplements the fund's prospectus with additional information about the fund including its operations and risks.
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. • Integration of environmental, social, and/or governance (ESG) characteristics into the investment process may not work as intended.

BLOOMBERG® and any Bloomberg Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the indices (collectively, "Bloomberg") and have been licensed for use for certain purposes by Hartford Funds. Bloomberg is not affiliated with Hartford Funds, and Bloomberg does not approve, endorse, review, or recommend any Hartford Funds product. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Hartford Fund products.

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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.

© Copyright 2023 Hartford Funds Management Group, Inc. All Rights Reserved. Not FDIC Insured | No Bank Guarantee | May Lose Value