Hartford Schroders Tax-Aware Bond Fund Class C is an actively managed mutual fund in the intermediate core bond category. Its primary objective is to provide total return on an after-tax basis by investing predominantly in investment grade municipal bonds, with the flexibility to allocate to other quality fixed income instruments as opportunities arise. This fund leverages a crossover strategy, allowing it to dynamically balance between tax-exempt and taxable bonds, seeking to identify the most attractive relative-value opportunities in the fixed-income market. The portfolio composition is heavily weighted toward tax-exempt municipal securities, which may make it of interest to investors with taxable accounts looking to manage their after-tax returns. With a focus on credit quality, the majority of its holdings are rated AA or higher. The fund is sub-advised by Schroders, a global asset manager known for its expertise in both public and private markets, and supported by experienced portfolio managers with a specialization in municipal debt. As a Class C fund, it typically features higher expense ratios, and distributes returns primarily through dividends and occasional capital gains. The Hartford Schroders Tax-Aware Bond Fund Class C serves as a flexible, actively managed solution for those seeking diversified, tax-conscious exposure to the bond market.
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