The experienced managers running Hartford Municipal Opportunities follow a sensible, research-based approach to build this portfolio. The team remains on the smaller side by industry standards and has experienced some turnover in its analyst ranks but benefits from collaboration and remains in good hands. The strategy earns a Morningstar Analyst Rating of Neutral on most share classes and Negative on its most expensive shares.
Hartford Municipal Opportunities A HHMAX
NAV / 1-Day Return
8.17
/
0.13
%
Total Assets
1.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.660%
Expense Ratio
0.660%
Fee Level
Low
Longest Manager Tenure
10.32
years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
2,000
Status
Open
TTM Yield
1.72%
Effective Duration
5.27
years
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
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.
A solid, bottom-up research-based approach to the muni market.
