Investment objective & strategy
As of Nov. 26, 2025 · prospectusObjective. The Fund seeks to provide current income that is generally exempt from federal income taxes and long-term total return.
Strategy. The Fund seeks to achieve its investment objective by investing in investment grade and non-investment grade (also known as junk bonds) municipal securities that the sub-adviser, Wellington Management Company LLP (Wellington Management), considers to be attractive from a yield perspective while considering total return. At least 80% of the Funds net assets must be invested in municipal securities, and up to 35% of the Funds net assets may be invested in non-investment grade municipal securities. The Fund may invest in securities that produce income subject to income tax, including the Alternative Minimum Tax. The Fund will generally hold a diversified portfolio of investments across states and sectors, although the Fund is not required to invest in all states and sectors … The Fund seeks to achieve its investment objective by investing in investment grade and non-investment grade (also known as junk bonds) municipal securities that the sub-adviser, Wellington Management Company LLP (Wellington Management), considers to be attractive from a yield perspective while considering total return. At least 80% of the Funds net assets must be invested in municipal securities, and up to 35% of the Funds net assets may be invested in non-investment grade municipal securities. The Fund may invest in securities that produce income subject to income tax, including the Alternative Minimum Tax. The Fund will generally hold a diversified portfolio of investments across states and sectors, although the Fund is not required to invest in all states and sectors at all times. The Fund may invest in securities of any maturity or duration. Wellington Managements portfolio construction process combines a top-down strategy, bottom-up fundamental research and comprehensive risk management. Bottom-up, internally generated, fundamental research attempts to identify relative value among sectors, within sectors, and between individual securities.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| FIXED INC CLEARING CORP.REPO | — | $10.38M | 1.51% |
| SOUTHEAST ENERGY-E | SEEPWR | $9.77M | 1.42% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | PRCGEN | $8.45M | 1.23% |
| California Community Choice Financing Authority, Series F | CCEDEV | $6.58M | 0.95% |
| State of Illinois | — | $6.50M | 0.94% |
| TX TXSUTL 01/01/2055 | TXSUTL | $6.38M | 0.93% |
| State of Connecticut, Series 2016, GO Bonds | — | $6.34M | 0.92% |
| ILLINOIS ST HSG DEV AUTH REVENUE | — | $6.18M | 0.90% |
| RESTRUCTURED-SER A1 | PRC | $6.08M | 0.88% |
| DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE | — | $5.63M | 0.82% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| THE HARTFORD MUNICIPAL OPPORTUNITIES FUND · HHMAX, HHMCX, HHMIX, HHMFX, HHMYX | 38% | 0.35% |
| INTERMEDIATE-TERM MUNICIPAL FUND · SEIMX, SINYX | 11% | 0.56% |
| Hartford Municipal Short Duration Fund · HMJAX, HMJCX, HMJIX, HMJFX | 9% | 0.39% |
Advisers
| Firm | Role |
|---|---|
| Wellington Management Company LLP | Sub-adviser |
| Hartford Funds Management Company, LLC | Adviser |
Footnotes
- Expense ratio as of November 26, 2025, from the fund's prospectus.
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.