Hartford Municipal Income Fund

10.79NAV (as of 10/29/2020)
+0.00 (+0.00%) NAV Change
Muni National IntermMorningstar Category
General & Insured Municipal Debt FundsLipper Classification

Objective

Seeks to provide a high level of current income that is generally exempt from federal income taxes and long-term total return.

Overview

A municipal bond fund that seeks to provide income that is typically exempt from federal income taxes.

More About Municipal Income Fund

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 9/30/2020)	Average Annual Total Returns % (as of 9/30/2020)
Hartford Municipal Income I	2.79	3.48	4.46	4.25	---	4.16
Benchmark	3.33	4.09	4.28	3.84	---	---
Morningstar Muni National Intermediate Category	2.54	3.08	3.45	3.12	---	---

Performance (%)
	YTD	1YR	3YR	5YR	10YR	SI
	% (as of 9/30/2020)	Average Annual Total Returns % (as of 9/30/2020)
Hartford Municipal Income I	2.79	3.48	4.46	4.25	---	4.16
Benchmark	3.33	4.09	4.28	3.84	---	---
Morningstar Muni National Intermediate Category	2.54	3.08	3.45	3.12	---	---

SI = Since Inception. Fund Inception: 05/29/2015

Operating Expenses: Net 0.47% | Gross 0.75%

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.

I-Share Morningstar Ratings
(as of 9/30/2020)

Overall

:
Overall, 5 stars, 3-Year, 5 stars, and 5-Year, 5 stars, rated against 240, 240 and 218 products, respectively. Morningstar Rating^TM is calculated for products with at least a 3-year history, based on a risk-adjusted return measure (excluding any applicable sale charges) and accounts for variations in a product's monthly performance. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%, 3 stars to the next 35%, 2 stars to the next 22.5% and 1 star to the bottom 10%. ETFs and mutual funds are considered a single population. The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. For more information about these ratings, including their methodology, please go to global.morningstar.com/managerdisclosures. Ratings for other share classes may vary and are subject to change monthly. Past performance is no guarantee of future performance.
©2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/ or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
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240 Products | Muni National Interm Category

Based on Risk-Adjusted Returns

CharacteristicsAllocations, exposures and holdings are subject to change. Percentages may be rounded.

Characteristics

Allocations, exposures and holdings are subject to change. Percentages may be rounded.

Statistics
As of Date	9/30/2020
Net Assets	$80 million
Dividend Frequency	Monthly

Holdings Characteristics
(as of 9/30/2020)
	Fund	Bloomberg Barclays Municipal Bond Index
Effective Duration	5.66 yrs	5.24 yrs

Municipal Sector Exposure (%)

9/30/2020
6/30/2020

(as of 9/30/2020)
label	currentpercentage
Revenue Bonds	73
General Obligation Bonds	21
Cash, Cash Offsets & Cash Equivalents	5
Pre-Refunded Debt	1
Other Non-Municipal Bonds	0

(as of 6/30/2020)
label	currentpercentage
Revenue Bonds	67
General Obligation Bonds	24
Cash, Cash Offsets & Cash Equivalents	8
Pre-Refunded Debt	1
Other Non-Municipal Bonds	0

Revenue Sector Exposure (%)

9/30/2020
6/30/2020

(as of 9/30/2020)
label	currentpercentage
Port, Airport and Marina	13
Health Care	11
Special Tax	10
Education	6
Lease	6
Housing	6
Transportation	5
Sales Tax	5
Industrial Development	4
Multiple Utilities	4
Tobacco	2
Sewer and Water	1
Port Authority	0
Student Loans	0
Sports/Convention	0
Other Tax Exempt Revenue Bonds	0
Resource Recovery	0

(as of 6/30/2020)
label	currentpercentage
Port, Airport and Marina	10
Health Care	11
Special Tax	7
Education	7
Lease	6
Housing	4
Transportation	5
Sales Tax	5
Industrial Development	4
Multiple Utilities	4
Tobacco	3
Sewer and Water	2
Port Authority	1
Student Loans	0
Sports/Convention	0
Other Tax Exempt Revenue Bonds	0
Resource Recovery	0

Yields
As of Date	9/30/2020
Distribution Yield at NAV	1.84%
30 Day SEC Yield	1.22%
Unsubsidized 30-Day SEC Yield	1.01%

Top Ten Issuers (%)

9/30/2020
6/30/2020

(as of 9/30/2020)
label	percentageholding
City of New York, NY, GO	3.24
New York State Dormitory Auth Rev	3.23
State of Colorado	1.66
Sales Tax Securitization Corp., IL Rev	1.50
State of California, GO	1.49
Metropolitan Transportation Auth, NY, Rev	1.47
City of Los Angeles Department of Airports	1.44
Rhode Island Housing & Mortgage Finance Corp.	1.44
State of Illinois, GO	1.42
Maryland Stadium Auth	1.38
Total Portfolio %	18.27

(as of 6/30/2020)
label	percentageholding
New York State Dormitory Auth Rev	4.11
City of New York, NY, GO	3.96
State of Colorado	2.02
State of California, GO	1.84
Metropolitan Transportation Auth, NY, Rev	1.83
Sales Tax Securitization Corp., IL Rev	1.82
State of Illinois, GO	1.74
Public Finance Auth, WI	1.55
Buckeye, OH, Tobacco Settlement Finance Auth	1.33
State of New York Mortgage Agency	1.33
Total Portfolio %	21.53

PDF Full Portfolio Holdings

Credit Exposure (%)

(as of 9/30/2020)
label	value
Aaa/AAA	10
Aa/AA	32
A	35
Baa/BBB	10
Ba/BB	3
B	0
Caa/CCC or lower	0
Not Rated	5
Cash & Cash Offsets	5

Credit exposure is the credit ratings for the underlying securities of the Fund as provided by Standard and Poor's (S&P), Moody's Investors Service, or Fitch and typically range from AAA/Aaa (highest) to C/D (lowest). If S&P, Moody's, and Fitch assign different ratings, the median rating is used. If only two agencies assign ratings, the lower rating is used. Securities that are not rated by any of the three agencies are listed as "Not Rated." Ratings do not apply to the Fund itself or to Fund shares. Ratings may change.

Fund Essentials
Inception Date	05/29/2015
Symbol	HMKIX
CUSIP	41664T305
Fund Number	1710

Insights

Fundamentals, Elections, and Other Top-of-Mind Issues for Muni Bond Investors

09/28/2020

Municipal bonds remain a high-quality asset class with a high capacity to repay debt obligations, even in the face of downgrades.

Coronavirus Update Center

07/21/2020

Collected insights on the impact of coronavirus.

Munis: Worth the Risks (If You Know Where to Look)

06/08/2020

The ripple effects of COVID-19 will be felt across muni sectors, but we believe muni valuations may more than compensate investors for the increased risks.

Literature

Important Risks: Investing involves risk, including the possible loss of principal. Security prices fluctuate in value depending on general market and economic conditions and the prospects of individual companies. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • 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. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities.

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.

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