Hartford Municipal Opportunities Etf Profile

HMOP Etf  USD 39.24  0.07  0.18%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
Hartford Municipal is selling at 39.24 as of the 30th of November 2024; that is 0.18 percent increase since the beginning of the trading day. The etf's last reported lowest price was 39.17. Hartford Municipal has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Hartford Municipal Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests in investment grade and non-investment grade municipal securities that the sub-adviser considers to be attractive from a yield perspective while considering total return. Hartford Municipal is traded on NYSEARCA Exchange in the United States. More on Hartford Municipal Opportunities

Moving together with Hartford Etf

  0.96MUB iShares National MuniPairCorr
  0.97VTEB Vanguard Tax ExemptPairCorr
  0.97FMB First Trust ManagedPairCorr
  0.94ITM VanEck Intermediate MuniPairCorr
  0.97MMIT IQ MacKay MunicipalPairCorr

Moving against Hartford Etf

  0.36DSJA DSJAPairCorr
  0.36RSPY Tuttle Capital ManagementPairCorr

Hartford Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMunicipals ETFs, Broad Municipals ETFs, Muni National Interm, Hartford Mutual Funds (View all Sectors)
IssuerHartford Funds
Inception Date2017-12-13
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management486.01 Million
Average Trading Valume44,655.2
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Municipals
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorHartford Funds Management Company, LLC
AdvisorHartford Funds Management Company, LLC
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Portfolio ManagerTimothy D. Haney, Brad W. Libby
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Sep
ExchangeNYSE Arca, Inc.
Number of Constituents514
Market MakerCitadel
Total Expense0.44
Management Fee0.31
Country NameUSA
Returns Y T D3.41
NameHartford Municipal Opportunities ETF
Currency CodeUSD
Open FigiBBG00JGMYWX8
In Threey Volatility6.71
1y Volatility5.97
200 Day M A38.8928
50 Day M A39.1067
CodeHMOP
Updated At29th of November 2024
Currency NameUS Dollar
Hartford Municipal Opportunities [HMOP] is traded in USA and was established 2017-12-13. The fund is listed under Muni National Interm category and is part of Hartford Mutual Funds family. The entity is thematically classified as Municipals ETFs. Hartford Municipal currently have 284.94 M in assets under management (AUM). , while the total return for the last 3 years was 0.4%.
Check Hartford Municipal Probability Of Bankruptcy

Top Hartford Municipal Opportunities Etf Constituents

LOS ANGELES CALIF DEPT WTR & PWR REV 0.03%1.9299999%
MASSACHUSETTS ST DEV FIN AGY REV 4%1.3300001%
SAN DIEGO CNTY CALIF REGL TRANSN COMMN SALES TAX REV 1.45%1.83%
PUERTO RICO COMWLTH 5.625%1.14%
SAN DIEGO CNTY CALIF REGL TRANSN COMMN SALES TAX REV 0.16%1.9299999%
CLARK CNTY NEV SCH DIST 5%1%
WEST PALM BEACH FLA UTIL SYS REV 1.7%2.0299999%
WEST PALM BEACH FLA UTIL SYS REV 0.21%2.15%
CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG 1.61%1.98%
CLARK CNTY NEV ARPT REV 5%1.11%

Hartford Municipal Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Municipal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Hartford Municipal Against Markets

When determining whether Hartford Municipal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hartford Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hartford Municipal Opportunities Etf. Highlighted below are key reports to facilitate an investment decision about Hartford Municipal Opportunities Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Municipal Opportunities. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Hartford Municipal is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Municipal's value that differs from its market value or its book value, called intrinsic value, which is Hartford Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Municipal's market value can be influenced by many factors that don't directly affect Hartford Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.