Hartford Schroders Emerging Markets Equity Fund

Hartford Schroders Emerging Markets Equity Fund

SEMTX
Hartford Schroders Emerging Markets Equity FundUS flagNASDAQ
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USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management
Address
One Freedom Valley Drive Oaks PA United States of America 19456
IPO Date
Dec 30, 2014
Business
Hartford Schroders Emerging Markets Equity Fund (SEMTX) is an open-end mutual fund that seeks capital appreciation through active investment in equity securities of emerging market companies, normally allocating at least 80% of its assets to such securities; it employs a top-down country allocation process combined with bottom-up stock selection, with a portfolio of approximately 102 holdings, 45% turnover, and 60% active share relative to the MSCI Emerging Markets Index benchmark. The fund emphasizes large-cap growth stocks across sectors including information technology (around 30%), financials (24-25%), communication services (10-11%), and consumer discretionary (10-11%), with top holdings such as Taiwan Semiconductor Manufacturing Co. Ltd. (13%), Tencent Holdings Ltd. (7%), and Samsung Electronics Co. Ltd. (5%); regional exposure is primarily in Asia (78%), followed by EMEA (12%) and Latin America (10%), targeting diversified emerging markets for growth and diversification potential despite added risks. Sub-advised by Schroders, which brings over 200 years of global investment experience across public and private markets, the fund is managed by Hartford Funds Management Co. LLC, a subsidiary of The Hartford founded in 1996 and headquartered at 690 Lee Road, Wayne, Pennsylvania; the SEMTX share class, domiciled in the United States, launched on December 30, 2014, manages total net assets of approximately $6.42 billion with a share class size of $2.30 billion and a net expense ratio of 0.96%. The Hartford-Schroders strategic partnership, established in 2016, expanded in recent years through the adoption and rebranding of select Schroders U.S. mutual funds as Hartford Schroders Funds, including equity, fixed income, and multi-asset strategies totaling $2.2 billion in assets under management at inception, enhancing U.S. intermediary distribution and investor access to Schroders' expertise without noted new product launches, acquisitions, or reorganizations specific to SEMTX in 2024-2025. Available primarily to U.S. investors with a minimum initial investment of $5 million for the SDR class, the fund maintains daily pricing and focuses on institutional and high-net-worth clients seeking exposure to emerging economies.