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Domestic Equity fund

Hartford Schroders US MidCap Opportunities Fund    Share Class - I (SMDIX)


MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 374, 374, 350 and 223 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 2/28/2023)
374 PRODUCTS
Mid-Cap Blend Category
Based on Risk-Adjusted Returns
MORNINGSTAR RATING:
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 374, 374, 350 and 223 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 2/28/2023)
374 PRODUCTS
Mid-Cap Blend Category
Based on Risk-Adjusted Returns

Effective 5/1/19, the Fund changed its principal investment strategy and benchmark. Returns prior to 5/1/19 reflect the performance of the Fund's prior strategy. Please see the Fund’s prospectus for additional information.

Objective

Seeks capital appreciation.

Overview

A mid-cap fund that seeks companies with compelling business models, strong management teams, and attractive valuation levels.

Portfolio Management
Portfolio Manager
5
YRS
MANAGING THIS FUND
10
YRS
AT SCHRODERS
29
YRS
EXPERIENCE IN THIS INDUSTRY
Portfolio Manager
0
YRS
MANAGING THIS FUND
10
YRS
AT SCHRODERS
25
YRS
EXPERIENCE IN THIS INDUSTRY

The portfolio manager is supported by the full resources of Schroders.

FUND PROCESS VIDEO
Hartford Schroders US MidCap Opportunities Fund Process Video


Robert Kaynor, CFA

Equity Portfolio Manager

Robert Kaynor video

Performance

PERFORMANCE %
 
CUMULATIVE %
(as of 2/28/2023)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 2/28/2023)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders US MidCap Opportunities I 3.83 -2.10 11.48 7.89 10.84 8.85
Benchmark 5.68 -4.99 11.46 8.40 10.68 ---
Morningstar Mid-Cap Blend Category 5.70 -3.32 12.10 7.61 9.69 ---
 
CUMULATIVE %
(as of 12/31/2022)
AVERAGE ANNUAL TOTAL RETURNS %
(as of 12/31/2022)
YTD 1YR 3YR 5YR 10YR SI
Hartford Schroders US MidCap Opportunities I -12.46 -12.46 6.38 6.53 11.16 8.69
Benchmark -17.32 -17.32 5.88 7.10 10.96 ---
Morningstar Mid-Cap Blend Category -14.01 -14.01 6.15 6.29 9.81 ---

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: 03/31/2006

Performance prior to 10/24/16 for Class I-shares reflects the performance, fees, and expenses of the Investor Class of the predecessor fund Schroder U.S. Small and Mid Cap Opportunities Fund. If Class I fees and expenses were reflected, performance would have differed. SI performance is calculated from 3/31/06.

Hartford Schroders US MidCap Opportunities Fund I Share Morningstar Ratings
Morningstar awarded the Fund a
Silver analyst rating on 1/23/2023
overall
(as of 2/28/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 374, 374, 350 and 223 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.

374 PRODUCTS
|
Mid-Cap Blend Category
Based on Risk-Adjusted Returns
3 YEAR
(as of 2/28/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 374, 374, 350 and 223 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.

374 PRODUCTS
|
Mid-Cap Blend Category
Based on Risk-Adjusted Returns
5 YEAR
(as of 2/28/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 374, 374, 350 and 223 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.

350 PRODUCTS
|
Mid-Cap Blend Category
Based on Risk-Adjusted Returns
10 YEAR
(as of 2/28/2023)
Overall, 4 stars, 3-Year, 3 stars, 5-Year, 4 stars, and 10-Year, 4 stars, rated against 374, 374, 350 and 223 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.

223 PRODUCTS
|
Mid-Cap Blend Category
Based on Risk-Adjusted Returns

Characteristics

FUND ESSENTIALS
Inception Date 03/31/2006
Net Assets $787 million
Total Operating Expenses 0.89%
Morningstar Category Mid-Cap Blend
Lipper Classification Mid-Cap Core Funds
CUSIP 41665H235
Fund Number 1489
FUND STATS
# of Holdings
75
Beta (3 year)
0.88
R Squared (3 year)
0.97
Turnover- (12/31/2022)
42%
Active Share
89%
% in Equities
96
Holdings Characteristics
FUND Russell MidCap Index
Price/Earnings
18.0x 17.0x
Price/Book
5.3x 6.4x
Asset Weighted Market Cap (billions)
$17.6 $22.2
Return on Equity
16.1% 15.0%
Median Market Cap (billions)
$14.8 $9.9
Top Ten Holdings (%)
Masimo Corp. 2.55
IDEX Corp. 2.09
Dolby Laboratories, Inc. 2.02
West Pharmaceutical Services, Inc. 1.94
Hexcel Corp. 1.92
Amdocs Ltd. 1.91
Assurant, Inc. 1.87
BWX Technologies, Inc. 1.86
Arthur J Gallagher & Co. 1.76
Rentokil Initial plc 1.72
Total Portfolio % 19.64
Market Cap Distribution (%)

Market Cap Header3

Less than $2 billion 0
$2 billion - $5 billion 1
$5 billion - $10 billion 31
Greater than $10 billion 68
Not Classified 0
RETURN CHARACTERISTICS
Alpha (5 Year)
0.02
Down Capture (5 Year)
91.16
Information Ratio (5 Year)
-0.14
Sharpe Ratio (5 Year)
0.42
Up Capture (5 Year)
91.59
Sector Exposure (%)

Exposure Chart Header

FUND
BENCHMARK UNDERWEIGHT / OVERWEIGHT

Exposure Chart Header2

12/31/22 2/28/23 2/28/23 -5 0 5
Technology 15 16 12
Cash 5 4 0
Industrials 21 21 19
Health Care 10 11 10
Telecommunications 3 3 2
Financials 14 14 14
Utilities 7 6 6
Energy 5 5 5
Consumer Discretionary 15 15 16
Consumer Staples 2 1 4
Basic Materials 1 1 4
Real Estate 3 3 8
Based on the Russell Global Sectors classification (RGS) system. May not total to 100% due to rounding.
distributions and capital gains
Distribution Date Distribution NAV ordinary income short term capital gains long term capital gains total distribution
12/28/2022 16.22 $0.0785 $0.0000 $0.0000 $0.0785
12/12/2022 16.86 $0.0000 $0.0000 $0.4616 $0.4616
Past distributions are not indicative of future distributions.

Fund Literature


12/31/2022 - PDF (226 KB)
This Fund Fact Sheet summarizes the Fund's investment approach, portfolio statistics, top holdings, and current performance.
12/31/2022 - PDF (359 KB)
Current quarterly commentary from sub-adviser, Schroders, which includes a performance review, attribution, statistics, and positioning and outlook for the Fund.
PDF (140 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 (4 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 (4 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. • Mid-cap securities can have greater risks and volatility than large-cap securities. • To the extent the Fund focuses on one or more sectors, the Fund may be subject to increased volatility and risk of loss if adverse developments occur. • Integration of environmental, social, and/or governance (ESG) characteristics into the investment process may not work as intended.
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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.

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