Hartford Municipal Opportunities is run by experienced managers who follow a thorough, research-based approach to build this portfolio. While the maturing of the strategy's approach supports an upgrade of the Process Pillar rating to Above Average, the team remains on the smaller side by industry standards and has experienced some turnover, which is reason for pause. The strategy earns a Morningstar Analyst Rating of Neutral on most share classes and a Negative on its most expensive shares.
Hartford Municipal Opportunities C HHMCX
NAV / 1-Day Return
9.04
/
0.12
%
Total Assets
1.6 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.
1.430%
Expense Ratio
1.430%
Fee Level
Average
Longest Manager Tenure
9.01
years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
2,000
Status
Open
TTM Yield
1.14%
Effective Duration
4.87
years
Premium
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 HHMCX 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 HHMCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HHMCX 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 HHMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A solid research-based approach.
