HFKVX

About HFKVX

The Hartford Schroders Tax-Aware Bond Fund SDR is a diversified mutual fund focusing on fixed income, primarily through investment-grade municipal bonds. Its core purpose is to provide investors with total return on an after-tax basis, seeking to maximize income that is either tax-exempt or efficiently managed in regard to U.S. federal taxes. The fund implements a value-oriented approach, identifying attractive relative value opportunities in fixed income, while allowing for tactical allocation to other quality fixed income instruments to enhance after-tax returns. Managed by Schroders, leveraging over 200 years of global investment expertise, the fund typically maintains over 90% exposure to tax-exempt municipal securities, reflecting an emphasis on preserving capital and generating stable monthly income, making it relevant for investors with large, taxable portfolios seeking efficient yield. With a minimum investment of $5 million and an expense ratio of 0.46%, the fund is positioned as an institutional class vehicle, supporting both diversification and tax efficiency for sophisticated investors.