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.
Hartford Municipal Opportunities I HHMIX
- NAV / 1-Day Return 8.35 / +0.01 %
- Total Assets 1.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.450%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2,000
- Status Open
- TTM Yield 2.99%
- Effective Duration 5.29 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis HHMIX
Will HHMIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Usd | 4.63 | 84.5 Mil | Cash and Equivalents |
NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 3% | 1.30 | 23.7 Mil | municipal |
Fixed Inc Clearing Corp.Repo | 1.17 | 21.4 Mil | Cash and Equivalents |
PUERTO RICO COMWLTH 5.625% | 1.11 | 20.2 Mil | municipal |
TEXAS ST 3.25% | 1.10 | 20.0 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5% | 0.95 | 17.3 Mil | municipal |
NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | 0.81 | 14.8 Mil | municipal |
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5% | 0.77 | 14.1 Mil | municipal |
COATESVILLE PA AREA SCH DIST 5.25% | 0.72 | 13.2 Mil | municipal |
WHITING IND ENVIRONMENTAL FACS REV 4.4% | 0.71 | 13.0 Mil | municipal |