Chart of the Month
Bloomberg Barclays Municipal Bond Index Average Monthly Returns (%) from 3/1989 - 3/2019
Sources: Factset, NDR, Morningstar, and Hartford Funds, 3/19. A tightening cycle is considered at least three consecutive rate increases without an intervening easing cycle. An easing cycle is considered at least two consecutive rate cuts within a 12-month period without an intervening rate hike. Past performance is not a guarantee of future results. The performance shown above is index performance and is not reflective of the performance of any fund. For illustrative purposes only.
Stat of the Month
Source: Bureau of Labor Statistics, 5/19
Global Investment Strategy
from Nanette Abuhoff Jacobson