About SCBIX
Hartford Schroders Core Fixed Income Fund Class Y is an open-end mutual fund that focuses on delivering long-term total return while preserving capital through investments in a diversified portfolio of U.S. dollar-denominated, investment grade fixed income securities. The fund’s strategy emphasizes a value-driven process to identify mispriced bonds and sectors, seeking to take advantage of evolving market conditions. Major asset classes within the portfolio typically include corporate bonds, U.S. Treasuries, agency mortgage-backed securities, taxable municipal bonds, and asset-backed securities. The fund maintains a moderate effective duration, positioning itself in the intermediate core bond category and providing monthly income distributions. Managed by an experienced team from Schroders, a global investment manager, the fund is actively managed to adjust exposures in response to interest rate shifts and credit conditions. Hartford Schroders Core Fixed Income Fund Class Y is designed for investors seeking diversified fixed income exposure, stable income, and risk mitigation within the broader context of the U.S. bond market.
Fund Family Hartford Mutual Funds
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol SCBIX
Share Class Class Y
Index Bloomberg U.S. Aggregate Bond TR
SCBIX had a total return of 5.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been -1.14%.
