HMOP
Hartford Municipal Opportunities ETF
Bloomberg Muni 1-15Y Blend(1-17) TR USD
NAV as of
4 Week: 37.50 - 38.17
52 Week: 36.03 - 39.49
Latest Closing Price
37.99
Premium / Discount
0.09
Expense Ratio
0.29%
Investment Objective
The investment seeks to provide current income that is generally exempt from federal income taxes and long-term total return. The fund invests in investment grade and non-investment grade municipal securities (known as "junk bonds") that the sub-adviser considers to be attractive from a yield perspective while considering total return. At least 80% of the fund's net assets must be invested in municipal securities, and up to 35% of its net assets may be invested in non-investment grade municipal securities. The fund may invest in securities of any maturity or duration.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 1.14 | 0.27 | 4.17 |
| 1 Day | -0.03 | 0.00 | 0.00 |
| 1 Week | 0.26 | 0.69 | 0.38 |
| 1 Month | 0.77 | 1.11 | 0.69 |
| 3 Months | 0.56 | 2.10 | 0.26 |
| 6 Months | 2.14 | 3.41 | 0.63 |
| 1 Year | -4.04 | 4.68 | -0.86 |
| 2 Years | -8.48 | 5.19 | -1.63 |
| 3 Years | -0.33 | 8.44 | -0.04 |
| 5 Years | -4.11 | 10.59 | -0.39 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 1.4451 | 7.8683 | 5.3844 | 1.9484 | -8.4224 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 13.0000 | 16.0000 | 15.0000 | 35.0000 | 58.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| N.A | ||
Portfolio Data
Total Number of Holdings: 457
Number of Bond Holdings: 452
Number of Equity Holdings: 0
Total Market Value: 343,432,396
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | ORANGE CNTY FLA HSG FIN AUTH MULTIFAMILY REV 1.18% | 3.8850 | 6,000,000 | 0 | 6,000,000 |
| 2 | NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | 1.6114 | 2,000,000 | 0 | 2,488,640 |
| 3 | BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5.88% | 1.4336 | 2,200,000 | 0 | 2,214,124 |
| 4 | NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS R | 1.2950 | 2,000,000 | 0 | 2,000,000 |
| 5 | ALABAMA ST PORT AUTH DOCKS FACS REV 5% | 1.2286 | 1,590,000 | 0 | 1,897,426 |
| 6 | JEA FLA ELEC SYS REV 5% | 1.2026 | 1,500,000 | 0 | 1,857,330 |
| 7 | MASSACHUSETTS ST 5% | 1.1774 | 1,500,000 | 0 | 1,818,375 |
| 8 | LOS ANGELES CALIF DEPT ARPTS REV 5% | 1.1474 | 1,450,000 | 0 | 1,771,972 |
| 9 | MINNEAPOLIS & ST PAUL MINN HSG & REDEV AUTH HEALTH | 1.1331 | 1,750,000 | 0 | 1,750,000 |
| 10 | NORTH EAST INDPT SCH DIST TEX 5% | 1.1240 | 1,720,000 | 0 | 1,735,944 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
452
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 5.59 |
| Average Effective Maturity (Years)* | 8.70 |
| Average Credit Quality | 8.00 |
| Average Weighted Coupon* | 4.29 |
| Average Weighted Price* | 101.85 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 11.06 |
| AA | 37.39 |
| A | 27.29 |
| BBB | 15.46 |
| BB | 2.03 |
| B | 0.08 |
| Below B | 0.10 |
| Not Rated | 6.59 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 7.22 |
| 3 to 5 Years | 7.60 |
| 5 to 7 Years | 6.88 |
| 7 to 10 Years | 10.70 |
| 10 to 15 Years | 19.15 |
| 15 to 20 Years | 15.72 |
| 20 to 30 Years | 24.76 |
| Over 30 Years | 2.46 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.46 |
| 183 to 364 Days | 1.15 |
Data Source: Morningstar
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