Hartford Schroders Emerging Markets Multi-Sector Bond Fund (SMSNX)

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Hartford Schroders Emerging Markets Multi-Sector Bond Fund (SMSNX) is up 0.1% since the beginning of the year. SMSNX is currently trading at $7 per share. Investors who bought $1,000 worth of SMSNX shares 5 years ago would now be looking at an investment worth $1,120.

Hartford Schroders Emerging Markets Multi-Sector Bond Fund (SMSNX) has returned 0.13% so far this year and 11.06% over the past 12 months. Over the last ten years, SMSNX has returned 3.33% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 2, 2014, SMSNX's average daily return is +0.01%, while the average monthly return is +0.29%. At this rate, an investment would double in approximately 19.9 years.

Historically, 59% of months were positive and 41% were negative. The best month was May 2020 with a return of +7.9%, while the worst month was Mar 2020 at -19.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SMSNX closed higher 46% of trading days. The best single day was Mar 26, 2020 with a return of +2.9%, while the worst single day was Mar 18, 2020 at -4.8%.

Hartford Schroders Emerging Markets Multi-Sector Bond Fund has an annualized alpha of 1.21%, beta of 0.15, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since January 03, 2014.

• This fund participated in 57.65% of S&P 500 Index downside but only 35.83% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.15 may look defensive, but with R2 of 0.16 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.16 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SMSNX has an expense ratio of 0.90%, placing it in the medium range.

SMSNX ranks 48 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Hartford Schroders Emerging Markets Multi-Sector Bond Fund (SMSNX) and compare them to S&P 500 Index.

Hartford Schroders Emerging Markets Multi-Sector Bond Fund provided a 5.35% dividend yield over the last twelve months, with an annual payout of $0.40 per share.

The table displays the monthly dividend distributions for Hartford Schroders Emerging Markets Multi-Sector Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Hartford Schroders Emerging Markets Multi-Sector Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Hartford Schroders Emerging Markets Multi-Sector Bond Fund was 25.77%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.

The current Hartford Schroders Emerging Markets Multi-Sector Bond Fund drawdown is 2.73%.

The chart below shows the rolling one-month volatility.