Seeks to provide current income that is generally exempt from federal income taxes, and long-term total return.
A municipal bond ETF that seeks to provide a diversified approach to income that is typically exempt from federal taxes and long-term total return.
|Inception||December 13, 2017|
|Distributor||ALPS Distributors, Inc.|
|Stock Exchange||NYSE Arca|
|Net Asset Value(NAV)||$39.37|
|NAV Change %||-0.20%|
% (as of 8/31/2018)
Average Annual Total Returns % (as of 8/31/2018)
|Municipal Opportunities ETF (HMOP, NAV)||0.24||---||---||---||0.69|
|Municipal Opportunities ETF (HMOP, Market Price)||-0.01||---||---||---||0.69|
|Reference Index (Bloomberg Barclays Municipal Bond 1-15 Year Blend (1-17) Index)||0.43||0.11||2.19||3.17||---|
% (as of 6/30/2018)
Average Annual Total Returns % (as of 6/30/2018)
|Municipal Opportunities ETF (HMOP, NAV)||-0.18||---||---||---||0.27|
|Municipal Opportunities ETF (HMOP, Market Price)||-0.41||---||---||---||0.29|
|Reference Index (Bloomberg Barclays Municipal Bond 1-15 Year Blend (1-17) Index)||-0.07||1.01||2.29||2.85||---|
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. 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 higher or lower than the performance 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 NAV) and are not individually redeemed from the Fund. Total returns are calculated using the daily 4:00pm Eastern Time net asset value (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 you would receive if you traded shares at other times. The Fund is new and has a limited operating history.
|As of Date||8/31/2018|
|Distribution Yield at NAV||2.28|
|30-Day SEC Yield||2.54|
|30-Day UNSUB SEC Yield||2.54|
Top Ten Holdings (%)
|Castleberry Tx Indep Sch Dist Ctbscd 02/34 Fixed 4||4.41|
|Morgan Stanley Govt Port 8302 Morgan Stanley Govt Port 8302||4.33|
|Connecticut St Cts 11/25 Fixed 5||3.60|
|Jefferson Cnty Co Sch Dist R Jefscd 12/27 Fixed 5||3.01|
|Delaware River Bay Auth De R Drvgen 01/19 Fixed 4||2.72|
|Illinois St Ils 11/27 Fixed 5||2.68|
|Duluth Mn Indep Sch Dist 709c Duledu 02/22 Fixed 5||2.50|
|Pennsylvania St Hgr Eductnl Fa Pashgr 05/25 Fixed 5||2.40|
|New York St Thruway Auth Gen R Nystrn 05/19 Fixed 4||2.35|
|Public Fin Auth Wi Revenue Pubgen 09/24 Fixed 5||2.34|
|Total of Top Ten Holdings||30.34|
|Ex-Dividend Date||Record Date||Payable Date||Ordinary Income||Short Term Capital Gains||Long Term Capital Gains||Total Distribution|
06/30/2018 | pdf
12/14/2017 | pdf
06/30/2018 | pdf
03/01/2018 | pdf
A WORD ABOUT RISK
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).
Investors may acquire ETF Shares and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.
Sources for all data: Hartford Funds and Wellington Management.