Hartford Schroders US MidCap Opportunities Fund
SMDIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Freedom Valley Drive Oaks PA United States of America 19456
- IPO Date
- Apr 3, 2006
- CIK
- 0000908802
- Website
- hartfordfunds.com
- Similar Companies
- Business
- Hartford Schroders US MidCap Opportunities Fund (SMDIX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of U.S. mid-cap companies, including common stocks, preferred stocks, convertible securities, warrants, and rights. The fund focuses on mid-capitalization companies, typically those with market capitalizations between $2 billion and $10 billion at the time of purchase, employing a fundamental, bottom-up investment approach that integrates Hartford Funds' proprietary research with Schroders' global investment expertise to identify companies with sustainable competitive advantages, strong management teams, and attractive growth prospects. It offers investors exposure to sectors such as industrials, consumer discretionary, financials, information technology, and health care; the fund maintains a diversified portfolio of 50 to 80 holdings, with no single sector exceeding 30% of assets, and may invest up to 20% in foreign securities or small-cap stocks for enhanced opportunities. Headquartered in Hartford, Connecticut, the fund operates under a strategic alliance between Hartford Funds (established in 1977) and Schroders plc (founded in 1804, London-based), with management shared between Hartford's portfolio managers and Schroders' U.S. investment team since the partnership's expansion in 2021. Recent developments include the 2023 launch of enhanced ESG integration into its investment process, aligning with Schroders' sustainability framework while maintaining performance objectives; in 2024, Hartford Funds announced a distribution agreement renewal with Schroders, bolstering the fund's access to institutional and retail investors amid mid-cap market volatility driven by U.S. economic shifts. The fund targets long-term investors seeking mid-cap growth, distributing dividends semi-annually and available through broker-dealers, retirement plans, and financial advisors across the United States.