- Business
- Hartford Schroders International Stock Fund Class Y (HSWYX) is an open-end mutual fund that seeks long-term capital appreciation through investments in equity securities of companies located outside the United States, normally allocating at least 65% of its assets to non-U.S. equities and at least 80% of its net assets plus any borrowings to equity securities. The fund pursues companies with forward-earnings growth potential not yet fully recognized by the market, combining core long-term holdings with opportunistic shorter-term positions based on the portfolio managers' best ideas; it maintains a portfolio of approximately 51 holdings with 27% turnover, 84% active share, and a focus on large-cap stocks primarily in information technology, financial services, industrials, healthcare, and consumer defensive sectors. Top holdings include Taiwan Semiconductor Manufacturing Co. Ltd. (5.92%), ASML Holding NV (3.72%), SAP SE (3.19%), Roche Holding AG (3.17%), and Tencent Holdings Ltd. (2.81%), with geographic exposure concentrated in Continental Europe (36%), the United Kingdom (21%), Japan (18%), and emerging markets (16%); the fund is sub-advised by Schroder Investment Management North America Inc., leveraging over 200 years of global investment experience across public and private markets.
The fund operates within the Foreign Large Blend category, targeting institutional investors with a minimum initial investment of $250,000, and features a net expense ratio of 0.80% with daily pricing. It is domiciled in the United States and available for sale primarily to U.S. investors, with total net assets of approximately $9.1 billion across share classes as of late 2025. Hartford Funds, the adviser, is headquartered in Wayne, Pennsylvania, and maintains a strategic sub-advisory relationship with Schroders established in 2016, under which Hartford adopted several Schroders U.S. mutual funds renamed as Hartford Schroders Funds to broaden its actively managed equity, fixed income, and multi-asset offerings.
In recent developments, the fund has sustained strong performance with year-to-date returns of 23.94% and one-year returns of 21.93% as of November 30, 2025, outperforming its Morningstar category peers in certain periods while tracking closely to the MSCI ACWI ex USA Index benchmark. Portfolio characteristics remain stable with a price/earnings ratio of 17.6x, price/book of 3.2x, and asset-weighted market cap of $206.1 billion, reflecting continued emphasis on high-quality growth opportunities in developed and emerging international markets. No major acquisitions, funding rounds, or structural changes specific to HSWYX were reported in 2024 or 2025, underscoring operational continuity amid Hartford Funds' broader platform expansions.