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Hartford Schroders Core Fixed Income Fund
mutual fund
HSADX
Payout Change
Pending
Price as of:
$8.44
+0.01
+0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
HSADX (Mutual Fund)
Hartford Schroders Core Fixed Income Fund
Payout Change
Pending
Price as of:
$8.44
+0.01
+0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
HSADX (Mutual Fund)
Hartford Schroders Core Fixed Income Fund
Payout Change
Pending
Price as of:
$8.44
+0.01
+0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.6%
1 yr return
1.0%
3 Yr Avg Return
-2.8%
5 Yr Avg Return
N/A
Net Assets
$97.3 M
Holdings in Top 10
23.1%
52 WEEK LOW AND HIGH
$8.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 179.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HSADX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return -2.8%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 4.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameHartford Schroders Core Fixed Income Fund
-
Fund Family NameHARTFORD FUNDS
-
Inception DateNov 29, 2021
-
Shares OutstandingN/A
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJulio Bonilla
Fund Description
The Fund seeks to achieve its investment objective by investing primarily in a portfolio of U.S. dollar-denominated, investment grade fixed income securities. Under normal circumstances, the Fund invests at least 80% of its assets in fixed income securities. The Fund’s total return includes income earned on the Fund’s investments, plus capital appreciation, if any.Fixed income securities in which the Fund may invest include obligations of governments, government agencies or instrumentalities, supra-national issuers, or corporate issuers. They may pay fixed, variable, or floating interest rates and may include asset-backed securities, mortgage-backed securities (which may include “to be announced” (“TBA”) transactions, which are standardized contracts for future delivery in which the exact mortgage pools to be delivered are not specified until a few days prior to settlement), inflation-indexed bonds, bank loans, loan participations, loan assignments, municipal securities, and other securities bearing fixed or variable interest rates of any maturity. The Fund may invest in U.S. dollar-denominated foreign securities. The Fund may also invest a portion of its assets in cash and cash equivalents. At times, the Fund’s investments in municipal securities may be substantial depending on the outlook of Schroder Investment Management North America Inc. (“SIMNA” or the “Sub-Adviser”) on the market. The Fund may invest in fixed income securities of any maturity or duration. The Fund’s effective duration may vary over time depending on the Sub-Adviser’s assessment of market and economic conditions and other factors. Duration is a measure of a debt security’s price sensitivity to a given change in interest rates; effective duration is a measure of the Fund’s portfolio duration adjusted for the anticipated effect of interest rate changes on pre-payment rates. Duration takes into account the time until all payments of interest and principal on a security are expected to be made, including how these payments are affected by prepayments and by changes in interest rates. Generally, the higher a debt security’s duration, the greater its price sensitivity to a change in interest rates. The Sub-Adviser may use derivatives, such as exchange-traded futures and options, for hedging, risk management, or investment purposes.The Sub-Adviser’s decision to purchase or sell a security or make investments in a particular sector is based on relative value considerations. In analyzing the relative attractiveness of a particular security or sector, the Sub-Adviser assesses an issue’s historical relationships to other bonds, technical factors including supply and demand and fundamental risk and reward relationships. When making decisions to purchase or sell a security, the Sub-Adviser also considers a number of factors including sector exposures, interest rate duration, yield and the relationship between yields and maturity dates. The importance of these and other factors that the Sub-Adviser considers when purchasing and selling securities for the Fund changes with changes in the markets. Sector allocation and individual security decisions are made independent of sector and security weightings in the Fund’s benchmark. The Fund may have substantially different sector and security weightings than the benchmark and may hold securities not included in the benchmark. In addition, the Sub-Adviser integrates financially material environmental, social and governance (“ESG”) characteristics (where available for an issuer) into its investment process. ESG characteristics are one of several factors that contribute to the Sub-Adviser’s overall evaluation of the risk and return potential of an investment. The Fund may engage in active and frequent trading of portfolio securities in seeking to achieve its investment objective.
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HSADX - Performance
Return Ranking - Trailing
| Period | HSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.6% | -7.8% | 11.6% | 83.20% |
| 1 Yr | 1.0% | -7.5% | 11.7% | 77.49% |
| 3 Yr | -2.8%* | -11.0% | 27.4% | 64.71% |
| 5 Yr | N/A* | -7.6% | 58.4% | N/A |
| 10 Yr | N/A* | -3.0% | 73.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.6% | -16.2% | 8.1% | 70.17% |
| 2022 | -16.8% | -34.7% | 131.9% | 73.19% |
| 2021 | N/A | -11.6% | 4.4% | N/A |
| 2020 | N/A | -9.9% | 946.1% | N/A |
| 2019 | N/A | -1.7% | 16.9% | N/A |
Total Return Ranking - Trailing
| Period | HSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.6% | -7.8% | 11.6% | 83.20% |
| 1 Yr | 1.0% | -7.5% | 11.7% | 77.49% |
| 3 Yr | -2.8%* | -11.0% | 27.4% | 64.71% |
| 5 Yr | N/A* | -7.6% | 58.4% | N/A |
| 10 Yr | N/A* | -3.0% | 73.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.2% | -11.3% | 11.9% | 45.43% |
| 2022 | -14.1% | -32.2% | 131.9% | 67.66% |
| 2021 | N/A | -9.4% | 9.2% | N/A |
| 2020 | N/A | -1.9% | 1009.0% | N/A |
| 2019 | N/A | 1.1% | 21668.0% | N/A |
NAV & Total Return History
HSADX - Holdings
Concentration Analysis
| HSADX | Category Low | Category High | HSADX % Rank | |
|---|---|---|---|---|
| Net Assets | 97.3 M | 2.9 M | 314 B | 90.88% |
| Number of Holdings | 188 | 1 | 17880 | 88.68% |
| Net Assets in Top 10 | 20.8 M | 1.62 M | 35.1 B | 91.17% |
| Weighting of Top 10 | 23.12% | 4.7% | 3984.6% | 49.01% |
Top 10 Holdings
- U.S. Treasury Notes 5.43%
- U.S. Treasury Bonds 3.61%
- U.S. Treasury Bonds 2.44%
- U.S. Treasury Notes 2.39%
- U.S. Treasury Bonds 1.96%
- U.S. Treasury Bonds 1.78%
- U.S. Treasury Notes 1.70%
- Toyota Auto Receivables 2024-B Owner Trust 1.30%
- Energy Transfer LP 1.28%
- U.S. Treasury Bonds 1.23%
Asset Allocation
| Weighting | Return Low | Return High | HSADX % Rank | |
|---|---|---|---|---|
| Bonds | 91.96% | 0.00% | 9231.88% | 67.05% |
| Convertible Bonds | 7.93% | 0.00% | 7.93% | 0.52% |
| Other | 4.43% | -27.25% | 1695.17% | 48.39% |
| Cash | 3.61% | -54.51% | 237.69% | 42.26% |
| Stocks | 0.00% | 0.00% | 99.98% | 75.13% |
| Preferred Stocks | 0.00% | 0.00% | 72.34% | 72.17% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | HSADX % Rank | |
|---|---|---|---|---|
| Corporate | 61.55% | 0.00% | 100.00% | 2.20% |
| Government | 18.07% | 0.00% | 86.23% | 66.32% |
| Securitized | 17.67% | 0.00% | 98.40% | 85.77% |
| Cash & Equivalents | 1.35% | 0.00% | 237.69% | 64.90% |
| Municipal | 1.00% | 0.00% | 100.00% | 29.08% |
| Derivative | -0.65% | -6.56% | 43.84% | 95.74% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | HSADX % Rank | |
|---|---|---|---|---|
| US | 91.96% | 0.00% | 9042.62% | 58.77% |
| Non US | 0.00% | 0.00% | 189.26% | 76.53% |
HSADX - Expenses
Operational Fees
| HSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.63% | 0.01% | 39.64% | 56.22% |
| Management Fee | 0.32% | 0.00% | 1.76% | 38.61% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| HSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| HSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| HSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 179.00% | 2.00% | 493.39% | 61.89% |
HSADX - Distributions
Dividend Yield Analysis
| HSADX | Category Low | Category High | HSADX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.42% | 0.00% | 10.11% | 15.54% |
Dividend Distribution Analysis
| HSADX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Quarterly |
Net Income Ratio Analysis
| HSADX | Category Low | Category High | HSADX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -1.28% | 4.79% | N/A |
Capital Gain Distribution Analysis
| HSADX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 27, 2024 | $0.031 | OrdinaryDividend |
| Oct 28, 2024 | $0.029 | OrdinaryDividend |
| Sep 26, 2024 | $0.032 | OrdinaryDividend |
| Aug 27, 2024 | $0.032 | OrdinaryDividend |
| Apr 26, 2024 | $0.032 | OrdinaryDividend |
| Mar 26, 2024 | $0.028 | OrdinaryDividend |
| Feb 27, 2024 | $0.034 | OrdinaryDividend |
| Jan 29, 2024 | $0.025 | OrdinaryDividend |
| Dec 27, 2023 | $0.054 | OrdinaryDividend |
| Nov 29, 2023 | $0.048 | OrdinaryDividend |
| Oct 30, 2023 | $0.029 | OrdinaryDividend |
| Sep 27, 2023 | $0.030 | OrdinaryDividend |
| Aug 29, 2023 | $0.028 | OrdinaryDividend |
| Jul 28, 2023 | $0.026 | OrdinaryDividend |
| Jun 28, 2023 | $0.036 | OrdinaryDividend |
| May 30, 2023 | $0.027 | OrdinaryDividend |
| Apr 27, 2023 | $0.025 | OrdinaryDividend |
| Mar 29, 2023 | $0.024 | OrdinaryDividend |
| Feb 27, 2023 | $0.026 | OrdinaryDividend |
| Jan 30, 2023 | $0.021 | OrdinaryDividend |
| Dec 28, 2022 | $0.042 | OrdinaryDividend |
| Nov 29, 2022 | $0.023 | OrdinaryDividend |
| Oct 28, 2022 | $0.023 | OrdinaryDividend |
| Sep 28, 2022 | $0.022 | OrdinaryDividend |
| Aug 30, 2022 | $0.020 | OrdinaryDividend |
| Aug 30, 2022 | $0.044 | CapitalGainLongTerm |
| Jul 28, 2022 | $0.020 | OrdinaryDividend |
| Jun 28, 2022 | $0.016 | OrdinaryDividend |
| May 27, 2022 | $0.018 | OrdinaryDividend |
| Apr 28, 2022 | $0.017 | OrdinaryDividend |
| Mar 29, 2022 | $0.012 | OrdinaryDividend |
| Feb 25, 2022 | $0.015 | OrdinaryDividend |
| Jan 28, 2022 | $0.009 | OrdinaryDividend |
| Dec 29, 2021 | $0.016 | OrdinaryDividend |
| Dec 17, 2021 | $0.142 | CapitalGainShortTerm |
| Nov 29, 2021 | $0.013 | OrdinaryDividend |
HSADX - Fund Manager Analysis
Managers
Julio Bonilla
Start Date
Tenure
Tenure Rank
Jan 31, 2018
4.33
4.3%
Julio Bonilla is a Portfolio Manager at Schroders, which involves managing all Multi-Sector portfolios including the Value portfolios as a municipal bond specialist. He joined Schroders in 2013 and is based in New York. Julio was a Portfolio Manager at STW Fixed Income Management from 2010 to 2013, which involved managing $11 billion in Multi-Sector portfolios including Core, Long Duration and Tax-Aware strategies. He was a Senior Portfolio Manager at Wells Capital Management from 2000 to 2010, which involved cultivating an expertise in municipal fixed income management and was responsible for account activity from trading to portfolio strategy. He was an Associate at Wells Fargo Institutional Brokerage from 1997 to 2000, which involved sales and trading fixed income securities. Qualifications: CFA Charterholder; MBA in Finance from Pepperdine University; BA in Political Science from University of San Diego.
Neil Sutherland
Start Date
Tenure
Tenure Rank
Jan 31, 2018
4.33
4.3%
Neil Sutherland is an Investment Manager at Schroders, Neil Sutherland is a Fixed Income portfolio manager and a member of the team responsible for managing all Multi-Sector portfolios including the Value portfolios. •Neil is the lead portfolio manager for US Core Plus portfolios, which includes Schroder Total Return Fixed Income Fund and Schroder ISF USD Bond. •. He joined Schroders in 2013 and is based in New York. Neil was a Principal, Investment Manger at STW Fixed Income Management from 2008 to 2013, Neil joined Schroders in 2013 following the acquisition of STW Fixed Income Management, where he had worked since 2008. At STW, Neil was Principal, Portfolio Manager and a member of the team responsible for managing $11 billion. He was a Senior Fixed Income Manger at AXA investment Managers from 2001 to 2008, which involved here he was the Senior Fixed Income Manager responsible for Credit and Absolute Return strategies. He was a Portfolio Manager at Newton investment Management from 1997 to 2001, which involved Portfolio manager for the Newton Investment Group’s Global Fixed Income team, where he managed a broad range of multicurrency global fixed income portfolios. Qualifications: CFA Charterholder; MA in Politics and Economics from University of Dublin, Trinity College.
Lisa Hornby
Start Date
Tenure
Tenure Rank
Jan 31, 2018
4.33
4.3%
Lisa Hornby is a Portfolio Manager at Schroders, on the US Multi-Sector Fixed Income team. She is involved in managing the following strategies: Short Duration, Core, Core Plus, Long Duration / LDI, as well as Tax-Sensitive. In her role, she focuses on asset selection and allocation across the various fixed income sectors, with a specialty in macro strategies. She joined Schroders in 2010 and is based in New York. Lisa was an Analyst at Barclays Capital from 2007 to 2010, in the Department of Finance. There she was responsible for the accounting, valuation and reporting of various Fixed Income products, primarily within the credit space. Lisa is a frequent contributor to various financial publications, including the Wall Street Journal and Investor's Business Daily, She is also a frequent guest on Bloomberg Television Qualifications: Series 3; CFA Charterholder; BA in Economics with Honors from Rutgers University.
Eric Lau
Start Date
Tenure
Tenure Rank
Oct 01, 2020
1.66
1.7%
Eric Lau is a Portfolio Manager - Fixed Income at Schroders, which involes managing all Multi-Sector portfolios including the Value portfolios. He joined Schroders in 2013 and is based in New York. Eric was a Fund Management Assistant at STW Fixed Income Management from 2009-2013. Eric graduated from the University of California Santa Cruz with a Bachelor of Science degree.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 33.43 | 6.77 | 1.16 |
