Advertisement
Skip to Content
Morningstar

Hartford Schroders Tax-Aware Bond I STWTX

Morningstar Analyst Rating
Analyst rating as of | See Hartford Funds Investment Hub
  • NAV / 1-Day Return 10.30  /  0.29 %
  • Total Assets 534.6 Mil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.20%
  • Effective Duration 7.96 years

USD | NAV as of Feb 03, 2023 | 1-Day Return as of Feb 03, 2023, 11:15 PM GMT+00:00

Morningstar’s Analysis STWTX

Will STWTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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.

People Pillar

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.

Parent Pillar

The Parent Pillar is our rating of STWTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Considering both tax-free and taxable bonds in its search for aftertax returns.

Associate Director

Summary

| by Elizabeth Foos

Hartford Schroders Tax-Aware Bond’s flexible mandate spans both the taxable and tax-free markets. While the portfolio has remained nimble in its sector rotations, it hasn't demonstrated a significant 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.

Unlock our full analysis with Morningstar Investor