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Name

As of 11/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Hartford Municipal Opportunities ETF

HMOP | Active ETF

$38.93

$398 M

3.21%

$1.25

0.29%

Vitals

YTD Return

2.5%

1 yr return

7.5%

3 Yr Avg Return

0.3%

5 Yr Avg Return

1.6%

Net Assets

$398 M

Holdings in Top 10

14.8%

52 WEEK LOW AND HIGH

$38.9
$37.63
$39.47

Expenses

OPERATING FEES

Expense Ratio 0.29%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 17.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Hartford Municipal Opportunities ETF

HMOP | Active ETF

$38.93

$398 M

3.21%

$1.25

0.29%

HMOP - Profile

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.92%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Hartford Municipal Opportunities ETF
  • Fund Family Name
    HARTFORD FUNDS
  • Inception Date
    Dec 14, 2017
  • Shares Outstanding
    7100000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Timothy Haney

Fund Description

The Fund seeks to achieve its investment objective by investing in investment grade and non-investment grade municipal securities (known as “junk bonds”) that the sub-adviser, Wellington Management Company LLP (“Wellington Management”), considers to be attractive from a yield perspective while considering total return. At least 80% of the Fund’s net assets must be invested in municipal securities, and up to 35% of the Fund’s net assets may be invested in non-investment grade municipal securities. The Fund may invest in securities that produce income subject to income tax, including the Alternative Minimum Tax. The Fund will generally hold a diversified portfolio of investments across states and sectors, although the Fund is not required to invest in all states and sectors at all times. The Fund may invest in securities of any maturity or duration.Wellington Management’s portfolio construction process combines a top-down strategy, bottom-up fundamental research and comprehensive risk management. Bottom-up, internally generated, fundamental research attempts to identify relative value among sectors, within sectors, and between individual securities. Wellington Management also integrates the evaluation of financially material environmental, social and/or governance (“ESG”) characteristics (where available for an issuer) into its fundamental analysis. ESG characteristics are one of several factors that contribute to Wellington Management’s overall evaluation of the risk and return potential of an issuer.
Read More

HMOP - Performance

Return Ranking - Trailing

Period HMOP Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -5.6% 31.6% 20.84%
1 Yr 7.5% 0.1% 42.6% 40.88%
3 Yr 0.3%* -11.3% 3.3% 15.72%
5 Yr 1.6%* -6.9% 1103.7% 7.67%
10 Yr N/A* -0.9% 248.7% 13.68%

* Annualized

Return Ranking - Calendar

Period HMOP Return Category Return Low Category Return High Rank in Category (%)
2023 3.7% -1.4% 41.0% 17.56%
2022 -10.3% -39.7% 0.3% 37.78%
2021 0.1% -5.6% 6.9% 23.65%
2020 0.1% -2.6% 310.0% 94.72%
2019 4.7% 0.0% 26.0% 20.56%

Total Return Ranking - Trailing

Period HMOP Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -5.6% 31.6% 20.84%
1 Yr 7.5% 0.1% 42.6% 40.88%
3 Yr 0.3%* -11.3% 3.3% 15.72%
5 Yr 1.6%* -6.9% 1103.7% 7.67%
10 Yr N/A* -0.9% 248.7% N/A

* Annualized

Total Return Ranking - Calendar

Period HMOP Return Category Return Low Category Return High Rank in Category (%)
2023 6.8% -1.3% 41.0% 21.36%
2022 -8.4% -39.7% 1.1% 39.74%
2021 1.8% -4.8% 23761504.0% 44.99%
2020 5.5% -1.5% 17057.9% 9.93%
2019 7.8% 0.2% 3514.6% 17.63%

HMOP - Holdings

Concentration Analysis

HMOP Category Low Category High HMOP % Rank
Net Assets 398 M 3.22 M 71.9 B 54.10%
Number of Holdings 492 4 13418 25.63%
Net Assets in Top 10 64.9 M -317 M 3.09 B 57.19%
Weighting of Top 10 14.79% 1.8% 100.3% 65.49%

Top 10 Holdings

  1. LOS ANGELES CA DEPT OF WTR PWR REVENUE 3.62%
  2. IDAHO ST HLTH FACS AUTH REVENUE 2.28%
  3. FIXED INC CLEARING CORP.REPO 1.80%
  4. TEXAS ST 1.53%
  5. ILLINOIS ST 1.18%
  6. TEXAS ST TRANSPRTN COMMISSION CENTRAL TX TURNPIKE SYS REVENU 1.06%
  7. MASSACHUSETTS ST HLTH EDUCTNL FACS AUTH REVENUE 0.96%
  8. CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE 0.83%
  9. RHODE ISLAND ST HLTH EDUCTNL BLDG CORP PUBLIC SCHS REVENUE 0.78%
  10. INDIANA ST FIN AUTH HLTH SYS REVENUE 0.75%

Asset Allocation

Weighting Return Low Return High HMOP % Rank
Bonds 		93.53% 0.00% 150.86% 93.28%
Cash 		4.66% -50.86% 44.62% 9.05%
Other 		1.80% -3.69% 51.88% 2.66%
Stocks 		0.00% 0.00% 99.78% 56.55%
Preferred Stocks 		0.00% 0.00% 0.07% 48.60%
Convertible Bonds 		0.00% 0.00% 0.93% 48.33%

Bond Sector Breakdown

Weighting Return Low Return High HMOP % Rank
Municipal 		94.25% 44.39% 100.00% 84.83%
Derivative 		0.00% -3.69% 51.88% 50.87%
Cash & Equivalents 		0.00% 0.00% 44.41% 77.50%
Securitized 		0.00% 0.00% 5.93% 49.33%
Corporate 		0.00% 0.00% 9.41% 57.55%
Government 		0.00% 0.00% 52.02% 52.34%

Bond Geographic Breakdown

Weighting Return Low Return High HMOP % Rank
US 		93.53% 0.00% 142.23% 92.28%
Non US 		0.00% 0.00% 23.89% 50.60%

HMOP - Expenses

Operational Fees

HMOP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.29% 0.01% 8.02% 94.47%
Management Fee 0.29% 0.00% 1.20% 14.64%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

HMOP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

HMOP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HMOP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 283.00% 48.91%

HMOP - Distributions

Dividend Yield Analysis

HMOP Category Low Category High HMOP % Rank
Dividend Yield 3.21% 0.00% 14.51% 34.80%

Dividend Distribution Analysis

HMOP Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

HMOP Category Low Category High HMOP % Rank
Net Income Ratio 1.92% -0.53% 5.33% 52.16%

Capital Gain Distribution Analysis

HMOP Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

HMOP - Fund Manager Analysis

Managers

Timothy Haney

Start Date

Tenure

Tenure Rank

Dec 13, 2017

4.47

4.5%

Timothy D. Haney, CFA, Senior Managing Director, Senior Vice President and Fixed Income Portfolio Manager of Wellington Management，has served as portfolio manager since 2015. Mr. Haney joined Wellington Management as an investment professional in 2005. Tim is a fixed income portfolio manager. He leads the Municipal Bond Strategy Group and is responsible for the development of municipal bond strategies that are utilized in Municipal Bond and Crossover portfolios. He is a member of the Financial Reserves Management Team, which is responsible for managing US Broad Market portfolios for clients with customized risk and return objectives often related to accounting and/or regulatory constraints, such as insurance clients. Prior to joining Wellington Management in 2005, Tim managed mutual funds at the Van Kampen Investments unit of Morgan Stanley (1995 — 2005). During that time, he served as a senior member of the Portfolio Strategy team, focusing on derivative instruments, quantitative analysis, and yield curve strategy. He also served on the Credit team, working closely with the firm's analysts to coordinate credit research with portfolio strategy. Prior to becoming a portfolio manager, Tim served as a buyer for Van Kampen's unit trust product line (1992 —1995) and as a research analyst focusing on the high yield and corporate-backed sectors (1988 —1992). Tim earned his masters of management with a concentration in finance from Northwestern University (Kellogg, 1995) and his BS in business administration and BA in French from Washington University (1988). He is a member of the Investment Analysts Society and holds the Chartered Financial Analyst designation.

Brad Libby

Start Date

Tenure

Tenure Rank

Dec 13, 2017

4.47

4.5%

Brad W. Libby, Managing Director and Fixed Income Portfolio Manager/Credit Analyst of Wellington Management. Mr. Libby joined Wellington Management as an investment professional in 2010. Prior to joining Wellington Management, Mr. Libby is Senior Vice President and Tax Exempt Specialist on the Tax Exempt Fixed Income team. He is a Portfolio Member of Putnam's tax-exempt fixed income funds. He originally joined Putnam in 1996 as an Investment Associate in the Tax Exempt Fixed Income Group before leaving to pursue an M.B.A.; he returned as a Tax Exempt Bond Analyst in 2001.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.35 1.58

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