Hartford Municipal Opportunities ETF

$41.94NAV (as of 04/16/2021)

+0.01 (+0.04%) NAV Change

0.04% Premium Discount (as of 04/16/2021)

$41.96Closing Market Price (as of 04/16/2021)

-0.03 (-0.08%) Closing Market Price Change

Objective

Seeks to provide current income that is generally exempt from federal income taxes, and long-term total return.

Overview

A municipal bond ETF that seeks to provide a diversified approach to income that is generally exempt from federal taxes, and long-term total return.

More About Hartford Municipal Opportunities ETF

Timothy D. Haney, CFA
Senior Managing Director
Fixed-Income Portfolio Manager

view bio

Brad W. Libby
Managing Director
Fixed-Income Portfolio Manager & Credit Analyst

view bio

The portfolio managers are supported by the full resources of Wellington.

Key Facts & Trading Details

Key Facts (as of 4/16/2021)
Ticker	HMOP
Inception	December 13, 2017
Net Assets	$167,755,033.44
Shares Outstanding	4,000,000
Distributor	ALPS Distributors, Inc.
Dividend Frequency	Monthly

View Premium/Discount History

Trading Details (as of 4/16/2021)
Ticker	HMOP
CUSIP	41653L503
IOPV TICKER	HMOP.IV
Stock Exchange	NYSE Arca
Close	$41.96
Change	$-0.03
Change %	-0.08%
Net Asset Value(NAV)	$41.94
NAV Change	$0.01
NAV Change %	0.04%
Premium/Discount	0.04%
30 Day Median Bid/Ask Spread	0.12%

Performance (%)
	YTD	1YR	3YR	5YR	SI¹
	% (as of 3/31/2021)	Average Annual Total Returns % (as of 3/31/2021)
Hartford Municipal Opportunities ETF(HMOP, NAV)	-0.04	6.94	5.20	---	4.55
Hartford Municipal Opportunities ETF(HMOP, Market Price)	-0.04	6.80	5.19	---	4.59
Bloomberg Barclays Municipal 1-15 Year Blend (1-17) Index	-0.33	4.91	4.43	3.03	---

Performance (%)
	YTD	1YR	3YR	5YR	SI¹
	% (as of 3/31/2021)	Average Annual Total Returns % (as of 3/31/2021)
Hartford Municipal Opportunities ETF(HMOP, NAV)	-0.04	6.94	5.20	---	4.55
Hartford Municipal Opportunities ETF(HMOP, Market Price)	-0.04	6.80	5.19	---	4.59
Bloomberg Barclays Municipal 1-15 Year Blend (1-17) Index	-0.33	4.91	4.43	3.03	---

SI = Since Inception.

Fund Inception: 12/13/2017

Operating Expenses:

Net 0.29% | Gross 0.29%

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Performance reflects cumulative total returns for periods of less than one year and average annual total returns for periods of one year or greater.

ETF shares are bought and sold at market price, not net asset value (NAV). Total returns are calculated using the daily 4:00 p.m. Eastern Time NAV. Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns an investor would receive if they traded shares at other times. Brokerage commissions apply and will reduce returns.

Calendar Year Returns(%)
2020	5.39
2019	7.87
2018	1.44

Morningstar Rating

(as of 3/31/2021)

Overall : starrating

249 Products | Muni National Interm Category

Based on Risk-Adjusted Returns

Characteristics

Yields(%)
As of Date	3/31/2021
Distribution Yield at NAV	1.86
30-Day SEC Yield	1.22
30-Day UNSUB SEC Yield	1.22

Credit Exposure (%)

(as of 3/31/2021)
label	value
Aaa/AAA	8
Aa/AA	32
A	28
Baa/BBB	20
Ba/BB	5
B	0
Caa/CCC or lower	0
Not Rated	6
Cash & Cash Offsets	2

Top Ten Holdings (%)

(as of 4/16/2021)
W PALM BEACH FL UTILITY SYS RE WPBUTL 10/38 ADJUSTABLE VAR	3.43
LOS ANGELES CA DEPT OF WTR P LOSUTL 07/50 ADJUSTABLE VAR	2.98
US DOLLAR	2.81
TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 11/32 ADJUSTABLE VAR	1.67
WASHINGTON ST WAS 08/34 FIXED 5	1.19
ALABAMA ST PORT AUTH DOCKS FAC ALSTRN 10/26 FIXED 5	1.14
NEW YORK NY NYC 08/44 ADJUSTABLE VAR	1.00
UTAH ST TRANSIT AUTH SALES TAX UTSTRN 06/29 FIXED 5.25	0.98
MET TRANSPRTN AUTH NY DEDICATE MTATRN 03/22 FIXED 5	0.96
CHICAGO IL TRANSIT AUTH SALES CHITRN 12/21 FIXED 5	0.92
Total of Top Ten Holdings	17.08

Full Portfolio Holdings

Insights & Literature

Important Risks: Investing involves risk, including the possible loss of principal. The net asset value (NAV) of the Fund's shares may fluctuate due to changes in the market value of the Fund's holdings. The Fund's share price may fluctuate due to changes in the relative supply of and demand for the shares on an exchange. The Fund is actively managed and does not seek to replicate the performance of a specified index. • Municipal securities may be adversely impacted by state/local, political, economic, or market conditions. Investors may be subject to the federal Alternative Minimum Tax as well as state and local income taxes. Capital gains, if any, are taxable. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • In certain instances, unlike other ETFs, the Fund may effect creations and redemptions partly or wholly for cash, rather than in-kind, which may make the Fund less tax-efficient and incur more fees than an ETF that primarily or wholly effects creations and redemptions in-kind.

Additional Information Regarding Bloomberg Barclays Indices Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, "Barclays"), used under license. Bloomberg or Bloomberg's licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

Transactions in ETF shares will result in brokerage commissions and will generate tax consequences. All regulated investment companies are obliged to distribute portfolio gains to shareholders.

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Premium/discount reflects the relationship between an ETF’s market price and its net asset value (NAV). Because ETFs are traded on an exchange, their market prices are in part driven by supply and demand dynamics. The ETF’s market price may be above its NAV (reflecting a premium) or below its NAV (reflecting a discount).

Sources for all data: Hartford Funds and Wellington Management.

222047 HFA001001