Feedback
  • Account Access
  • Contact Us

    Pre-Sales Support

    Mutual Funds and ETFs - 800-456-7526
    Monday-Thursday: 8:00 a.m. – 6:00 p.m. ET
    Friday: 8:00 a.m. – 5:00 p.m. ET

    ETF Trading Support - 415-315-6600
    Monday-Friday: 9:30 a.m. – 5:00 p.m. ET

    Post-Sales and Website Support
    888-843-7824
    Monday-Friday: 9:00 a.m. - 6:00 p.m. ET

  • Advisor Log In

Hartford Schroders Securitized Income Fund

addandremoveFav

Explore Another ETFs

Objective

The Fund seeks to provide current income and long-term total return consistent with preservation of capital.

Overview

A low duration, multi-sector fixed-income fund that seeks diversification beyond corporate credit through a wide variety of securitized credit instruments.

More About Hartford Schroders Securitized Income Fund 

Michelle Russell-Dowe
Portfolio Manager
Anthony Breaks, CFA
Portfolio Manager

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

Performance

Performance (%)
% (as of 4/30/2019)
Average Annual Total Returns % (as of 4/30/2019)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Securitized Income  I --- --- --- --- --- 0.56
Benchmark --- --- --- --- --- ---
Morningstar World Bond Category --- --- --- --- --- ---
Performance (%)
% (as of 3/31/2019)
Average Annual Total Returns % (as of 3/31/2019)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders Securitized Income  I --- --- --- --- --- 0.23
Benchmark --- --- --- --- --- ---
Morningstar World Bond Category --- --- --- --- --- ---
SI = Since Inception. Fund Inception: 02/28/2019
Operating Expenses:   Net 1.16% |  Gross  1.23%  |  Net (excluding certain investment expenses) 0.85%

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.

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

Return Characteristics
(as of 4/30/2019)
Fund ICE BofAML US ABS & CMBS Index
Alpha (3 Year) ---
Down Capture (3 Year) ---
Information Ratio (3 Year) ---
Sharpe Ratio (3 Year) ---
Up Capture (3 Year) ---

Asset Allocation Exposure (%)

(as of 4/30/2019)
label currentpercentage
Synthetic Cash 34
Asset Backed Securities 28
Commercial Mortgage Backed Securities 27
Collateralized Loan Obligations 26
Non-Agency Mortgage Backed Securities 24
Corporate 5
Mortgage Backed Securities 0
Tax Exempt Municipal 0
Agency Mortgage Backed Securities 0
Cash, Cash Equivalents and Cash Offsets -9
Other -34

Credit Exposure (%)

(as of 4/30/2019)
label value
Aaa/AAA 44
Aa/AA 7
A 25
Baa/BBB 4
Ba/BB 4
B 0
Caa/CCC or lower 3
Not Rated -1
Cash & Cash Offsets 14

Fixed Income Holdings

(as of 4/30/2019)
label percentageholding
LCM XIII L.P. 11.64
BlueMountain CLO Ltd. 7.80
Dukinfield II plc 7.08
CWHEQ Revolving Home Equity Loan Resuritization Trust 7.06
Income Contingent Student Loan 4.95
Newgate Funding plc 4.94
Ambac LSNI LLC 4.48
Benchmark Mortgage Trust 4.16
Towd Point Mortgage Trust 3.98
BX Trust 3.96
Total Portfolio % 60.05
Asset Allocation Exposure
Sectors 3/31/2019 Fund 4/30/2019 Benchmark 4/30/2019 UNDERWEIGHT / OVERWEIGHT -45 0 45
Synthetic Cash 27 34 0
Overweight 75.55555555555556%
Collateralized Loan Obligations 0 26 0
Overweight 57.77777777777778%
Non-Agency Mortgage Backed Securities 0 24 0
Overweight 53.333333333333336%
Asset Backed Securities 38 28 25
Overweight 6.666666666666667%
Commercial Mortgage Backed Securities 20 27 25
Overweight 4.444444444444445%
Mortgage Backed Securities 22 0 0
Overweight 0.0%
Tax Exempt Municipal 0 0 0
Overweight 0.0%
Agency Mortgage Backed Securities 0 0 0
Overweight 0.0%
Cash, Cash Equivalents and Cash Offsets -4 -9 0
Overweight 20.0%
Other -8 -34 0
Overweight 75.55555555555556%
Corporate 4 5 50
Overweight 100.0%
Fund Essentials
Inception Date 02/28/2019
Symbol HITIX
CUSIP 41665X552
Fund Number 1734
Yields
As of Date 4/30/2019
Distribution Yield at NAV ---
Trailing 12 Month Yield ---
30 Day SEC Yield 2.74%
Unsubsidized 30-Day SEC Yield 1.94%

Insights

pdf

2Q19 Multi-Asset Outlook: What's Really Changed? 

04/15/2019
The big question now is how much higher markets can climb on the back of easier policy given that economic fundamentals continue to deteriorate.

Literature

Financial Professionals:

Log in to order forms and literature and manage your subscriptions.

  • Add to favorite(0)
  • Email(0)
  • Add to Cart(0)

Fund Literature

Select All

0 items Selected
My Favorites
Please select at least one item.

Done

pdf

Fact Sheet

03/31/2019 | pdf

This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.

Add to
Cart

Summary Prospectus

03/01/2019 | pdf

A concise summary of the Fund’s investment strategy, performance, expenses, risks, and management team.

Pitchbook

03/31/2019 | pdf

This Pitchbook reviews the Funds' investment approach, investment team, investment process, and general portfolio parameters.

Statutory Prospectus

03/01/2019 | pdf

An annual update on the Fund that includes information about the Fund’s investment manager, sub-adviser, and operations.

SAI

03/01/2019 | pdf

A supplementary document to the Fund’s prospectus that includes additional information about the Fund and its operations.  

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, event 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. • 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. • The risks associated with mortgage related- and asset-backed securities as well as collateralized loan obligations (CLOs) include credit, interest-rate, prepayment, liquidity, default and extension risk. • The purchase of securities in the To-Be-Announced (TBA) market can result in additional price and counterparty risk. • The Fund may use repurchase agreements, or reverse repurchase agreements, which can increase risk and volatility. • Use of leverage can increase market exposure, magnify investment risks, and cause losses to be realized more quickly. • 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. • Restricted securities may be more difficult to sell and price than other securities.

210748