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.
The portfolio managers are supported by the full resources of Wellington.
Performance
SI = Since Inception. Fund Inception: 12/13/2017
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.
Characteristics
Yield to Worst (%) | 3.46% |
---|---|
Dividend Frequency | Monthly |
Effective Duration | 5.08 yrs |
Distribution Yield at NAV | 2.84 |
30-Day SEC Yield | 3.06 |
Unsubsidized 30-Day SEC Yield
|
3.06 |
Aaa/AAA | 13 |
Aa/AA | 42 |
A | 28 |
Baa/BBB | 6 |
Ba/BB | 4 |
B | 0 |
Caa/CCC or lower | 0 |
Not Rated | 4 |
Cash & Cash Offsets | 3 |
Ticker | HMOP |
CUSIP | 41653L503 |
IOPV TICKER | HMOP.IV |
Stock Exchange | NYSE Arca |
Close | $38.96 |
Change | $0.05 |
Change % | 0.13% |
Net Asset Value(NAV) | $38.81 |
NAV Change | $0.01 |
NAV Change % | 0.02% |
Premium/Discount | 0.38% |
30 Day Median Bid/Ask Spread |
0.18% |
LOS ANGELES CA DEPT OF WTR P LOSUTL 07/57 ADJUSTABLE VAR | 3.37 |
US DOLLAR | 2.91 |
IDAHO ST HLTH FACS AUTH REVENU IDSMED 03/48 ADJUSTABLE VAR | 2.12 |
NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/45 ADJUSTABLE VAR | 1.48 |
TEXAS ST TXS 12/50 ADJUSTABLE VAR | 1.42 |
ILLINOIS ST HSG DEV AUTH REVEN ILSHSG 02/38 ADJUSTABLE VAR | 1.31 |
ILLINOIS ST ILS 12/42 FIXED 5 | 1.08 |
CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/55 ADJUSTABLE VAR | 0.91 |
NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/32 FIXED 5 | 0.91 |
SANTA FE NM RETMNT FAC REVENUE STEFAC 05/49 FIXED 5 | 0.90 |
Total of Top Ten Holdings % | 16.41 |
Ex-dividend date | record date | payable date | ordinary income | short term capital gains | long term capital gains | total distribution |
---|---|---|---|---|---|---|
10/30/2024 | 10/30/2024 | 11/1/2024 | $0.1041 | $0.0000 | $0.0000 | $0.1041 |
9/27/2024 | 9/27/2024 | 10/1/2024 | $0.0932 | $0.0000 | $0.0000 | $0.0932 |
8/29/2024 | 8/29/2024 | 9/3/2024 | $0.0978 | $0.0000 | $0.0000 | $0.0978 |
7/30/2024 | 7/30/2024 | 8/1/2024 | $0.0996 | $0.0000 | $0.0000 | $0.0996 |
6/27/2024 | 6/27/2024 | 7/1/2024 | $0.0934 | $0.0000 | $0.0000 | $0.0934 |
5/30/2024 | 5/30/2024 | 6/3/2024 | $0.1091 | $0.0000 | $0.0000 | $0.1091 |
4/26/2024 | 4/29/2024 | 5/1/2024 | $0.0988 | $0.0000 | $0.0000 | $0.0988 |
3/27/2024 | 3/28/2024 | 4/2/2024 | $0.0948 | $0.0000 | $0.0000 | $0.0948 |
2/27/2024 | 2/28/2024 | 3/1/2024 | $0.1008 | $0.0000 | $0.0000 | $0.1008 |
1/29/2024 | 1/30/2024 | 2/1/2024 | $0.0877 | $0.0000 | $0.0000 | $0.0877 |
12/28/2023 | 12/29/2023 | 1/3/2024 | $0.1451 | $0.0000 | $0.0000 | $0.1451 |
12/15/2023 | 12/18/2023 | 12/20/2023 | $0.0000 | $0.0000 | $0.0000 | $0.0000 |
11/28/2023 | 11/29/2023 | 12/1/2023 | $0.1048 | $0.0000 | $0.0000 | $0.1048 |
Insights
Fund Literature
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