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Morningstar

Hartford Sustainable Municipal Bond A HMKAX

Morningstar Medalist Rating
Medalist Rating as of | See Hartford Funds Investment Hub
  • NAV / 1-Day Return 9.90  /  +0.22 %
  • Total Assets 89.8 Mil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 2.58%
  • Effective Duration 6.20 years

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0

Morningstar’s Analysis HMKAX

Will HMKAX 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 HMKAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HMKAX 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 HMKAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Hartford Sustainable Municipal Bond A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings HMKAX

More HMKAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd

2.29 2.1 Mil
Cash and Equivalents

CALIFORNIA MUN FIN AUTH REV 5%

1.83 1.7 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4.125%

1.37 1.2 Mil
municipal

OHIO ST TPK COMMN TPK REV 5%

1.27 1.2 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

1.27 1.2 Mil
municipal

PHILADELPHIA PA SCH DIST 5.25%

1.27 1.2 Mil
municipal

MUNICIPAL ELEC AUTH GA 5%

1.23 1.1 Mil
municipal

INDIANA FIN AUTH HEALTH SYS REV 5%

1.22 1.1 Mil
municipal

MINNESOTA AGRIC & ECONOMIC DEV BRD REV 5.25%

1.19 1.1 Mil
municipal

IDAHO HSG & FIN ASSN SINGLE FAMILY MTG REV 5.75%

1.19 1.1 Mil
municipal