Hartford Municipal Opportunities ETF
$37.38−0.33 (−0.86%)
- Expense ratio
- 0.29%
- Fund size
- $769M
- 1Y return
- −0.1%
- Yield · Last 12 months
- 3.63%
- Holdings
- 638
- Volume · 30D
- 0.1M sh
- NAV per share
- $37.69
- 52W range
The ETF.net HMOP Grade
Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 60Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 74Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 65Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 68Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 76Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 64Category rank
Our read on HMOP
BMost muni ETFs buy the index and call it a day. HMOP hands the keys to Wellington: an active muni portfolio that can hold up to 35% high yield paper, roam any maturity, and pay federally tax-exempt income monthly.
The fund seeks current income generally exempt from federal income tax together with long-term total return.
Why people hold it
- Actively run by sub-adviser Wellington, with room for up to 35% in below-investment-grade munis and bonds of any maturity, corners index trackers cannot reach.sec.gov
- Monthly income that is generally exempt from federal tax, spread across roughly 500 holdings and diversified over states and sectors.sec.gov
- At 0.29%, it charges about what the typical muni ETF does, unusual for a fund with a live manager picking the bonds.
- Trading since 2017 and sitting in the upper half of a crowded muni ETF field.
Worth knowing
- Index heavyweights VTEB (0.03%) and MUB (0.05%) cost a fraction of this. The premium buys active judgment, not index tracking.
- High yield munis and any-maturity latitude mean credit and rate exposure shift with the manager's view, not a fixed benchmark.sec.gov
- Some of the income can be subject to the Alternative Minimum Tax.sec.gov
HMOP Holdings
- Bonds
- 638
- 11%
- SOUTHEAST ENERGY AUTHORITY A C SEEPWR 10/30 FIXED 5
Geography
- United States100.00%
HMOP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HMOP |
|---|---|
| Year to date | −1.4% |
| 1 month | −2.2% |
| 3 months | −3.0% |
| 1 year | −0.1% |
| 3 years | +3.8% |
| 5 years | +0.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HMOP |
|---|---|---|
| 2026 YTD | −1.4% | |
| 2025 | +4.7% | |
| 2024 | +2.5% | |
| 2023 | +6.8% | |
| 2022 | −8.4% | |
| 2021 | +1.8% | |
| 2020 | +5.5% |
HMOP in the news
ETF.net Research hasn’t filed on HMOP yet — coverage lands here as it’s written.
HMOP Dividends
- 3.63%
- $1.37
- $0.11 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 1, 2026 | $0.11 |
| Jul 30, 2026 | Aug 3, 2026 | $0.11 |
| Jun 29, 2026 | Jul 1, 2026 | $0.12 |
| May 28, 2026 | Jun 1, 2026 | $0.11 |
| Apr 29, 2026 | May 1, 2026 | $0.11 |
| Mar 30, 2026 | Apr 1, 2026 | $0.11 |
| Feb 27, 2026 | Mar 3, 2026 | $0.11 |
| Jan 30, 2026 | Feb 3, 2026 | $0.11 |
| Dec 30, 2025 | Jan 2, 2026 | $0.14 |
| Nov 26, 2025 | Dec 1, 2025 | $0.10 |
| Oct 30, 2025 | Nov 3, 2025 | $0.11 |
| Sep 29, 2025 | Oct 1, 2025 | $0.12 |
HMOP Risk
- 4.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.07
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −12.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HMOP Cost
- The middle half of Other Municipal Bond funds
- Median 0.30%
27 of the 62 Other Municipal Bond funds charge less.