HMOPHartford Municipal Opportunities ETF

Get income8y track recordRanked #328 of 1,622 in this goal

Seeks to provide current income that is generally exempt from federal income taxes and long-term total return.

By Hartford Mutual Funds · Launched 2017

Annual Cost

0.29%

#1,391 of 5,562 · low cost

Fund Size

$765M

#1,264 of 5,562 · large

Dividend YieldGoal

3.47%

Track Record

8 years

#1,676 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,556+5.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 10.5% of fund✓ well diversified

Fixed Income Clearing Corp

1.5%

Southeast Energy Authority A Cooperative District

1.4%

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

1.2%

California Community Choice Financing Authority

1.0%

State of Illinois

0.9%

Texas Municipal Gas Acquisition & Supply Corp V

0.9%

State of Connecticut

0.9%

Illinois Housing Development Authority

0.9%

Commonwealth of Puerto Rico

0.9%

Dallas Fort Worth International Airport

0.8%

Asset allocation

Bonds

93.7%

Cash

6.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.7%Low

Year-on-year price swings

Max drawdown

-13.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.19Below average

Sortino (3Y)

0.26Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

10.5 years

Credit ratings

AAA

15.0%

35.8%

32.9%

BBB

6.9%

4.6%

Other

4.9%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide current income that is generally exempt from federal income taxes and long-term total return.
Strategy: Invests primarily in investment grade and non-investment grade municipal securities considered attractive for yield. At least 80% of net assets in municipal securities, up to 35% in junk bonds. Holds a diversified portfolio across states and sectors, with any maturity.
Inception date: December 13, 2017
Fund family: Hartford Mutual Funds