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Hartford Municipal Opportunities A HHMAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Hartford Funds Investment Hub

Morningstar’s Analysis HHMAX

Will HHMAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HHMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HHMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HHMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Hartford Municipal Opportunities' Manager Announces Retirement; Pillar Ratings Remain Unchanged

null Elizabeth Foos

Elizabeth Foos

Analyst Note

Wellington Management Company announced that longtime municipal-bond manager Timothy Haney will retire from the firm on Dec. 31, 2024. Among other duties, Haney has managed Hartford Municipal Opportunities since 2012. The strategy currently earns a People Pillar rating of Average and a Process Pillar rating of Above Average. Haney's comanager on the strategy, Brad Libby, will remain. Libby joined Wellington Management in 2010 and has served as a portfolio manager and credit analyst on the fund since 2012. To further prepare for that transition, the team also named Elizabeth Kleinerman to the strategy, effective Nov. 14, 2023. Kleinerman joined Wellington Management in 2001 and transitioned to the fixed-income team in 2004. She is currently a managing director and fixed-income portfolio manager and has been involved in securities analysis for the fund since 2021.

by Elizabeth Foos
Published on

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