5 / 5 Stars
5 5 3 1 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#16 in Muni National Interm
U.S. News evaluated 82 Muni National Interm Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -0.83 percent over the past year, 6.64 percent over the past three years, and 8.54 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.6%|
|3 Years (Annualized)||6.6%|
|5 Years (Annualized)||8.5%|
|10 Years (Annualized)||N/A|
The investment seeks to provide current income that is generally exempt from federal income taxes and long-term total return. The fund seeks to achieve its goal by investing in investment grade and non-investment grade municipal securities (known as "junk bonds") 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 fund's net assets must be invested in municipal securities, and up to 35% of the fund's net assets may be invested in non-investment grade municipal securities.
Fees are Low compared to funds in the same category.
Hartford Municipal Opportunities Fund has an expense ratio of 0.91 percent.
Risk is High compared to funds in the same category according to Morningstar.