• Products
  • Insights
  • Practice Management
  • Resources
  • About Us

Wellington Management’s Municipal Bond Investment Team utilizes a team-based strategy centered around three key areas of focus: fundamentals, valuations, and technicals. We believe this strategy could ultimately determine the most attractive opportunities in the municipal-bond market. 

 

Important Risks for the Hartford Municipal Opportunities Fund and ETF: 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. • 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. • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Investments in high-yield ("junk") bonds involve greater risk of price volatility, illiquidity, and default than higher-rated debt securities. • Financially material environmental, social and/or governance (ESG) characteristics are one of several factors that may be considered and as a result, the investment process may not work as intended.

Additional Risks for the Hartford Municipal Opportunities ETF: The net asset value (NAV) of the Fund's shares may fluctuate due to changes in the market value of the Fund's holdings, which may, in turn, fluctuate due to market and economic conditions. The Fund's share price may fluctuate due to changes in the relative supply of and demand for the shares on an exchange. The Fund is actively managed and does not seek to replicate the performance of a specified index. • In certain instances, unlike other ETFs, the Fund may effect creations and redemptions partly or wholly for cash, rather than in-kind, which may make the Fund less tax-efficient and incur more fees than an ETF that primarily or wholly effects creations and redemptions in-kind.

WP799 3717030 HFA002552

Insight from sub-adviser Wellington Management
Author Headshot
Managing Director, Fixed-Income Portfolio Manager & Credit Analyst
Author Headshot
Senior Managing Director, Fixed-Income Portfolio Manager