Hartford Schroders Tax-Aware Bond's flexible mandate across taxable and tax-free markets makes this a distinctive offering. The approach is without obvious flaws but lacks an edge over more-focused rivals. The strategy earns Morningstar Analyst Ratings of Neutral on its cheaper share classes and a Negative rating on its more expensive C shares.
Will STWTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable STWTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the STWTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of STWTX’s parent organization’s priorities and whether they’re in line with investors’ interests.