ducovest

HMOP:NYE-Hartford Municipal Opportunities ETF (USD)

ETF | Muni National Interm |

Last Closing

USD 38.88

Change

+0.09 (+0.22)%

Market Cap

USD 0.47B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund invests in investment grade and non-investment grade municipal securities (known as junk bonds) that the sub-adviser 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 its net assets may be invested in non-investment grade municipal securities. The fund may invest in securities of any maturity or duration.

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for Muni National Interm

Symbol Name Price(Change) Market Cap
VTEB Vanguard Tax-Exempt Bond Index..

-0.01 (-0.02%)

 USD 35.36B
MMIT IQ MacKay Municipal Intermedia..

+0.04 (+0.17%)

 USD 0.73B
MMIN IQ MacKay Municipal Insured ET..

+0.05 (+0.19%)

 USD 0.51B
TAXF American Century Diversified M..

+0.05 (+0.10%)

 USD 0.49B
HTAB Hartford Schroders Tax-Aware B..

N/A

 USD 0.42B
MUST Columbia Multi-Sector Municipa..

-0.03 (-0.15%)

 USD 0.41B
FLMI Franklin Liberty Intermediate ..

-0.01 (-0.04%)

 USD 0.34B
MUB iShares National Muni Bond ETF

+0.02 (+0.02%)

 N/A
MUNI PIMCO Intermediate Municipal B..

-0.05 (-0.10%)

 N/A

ETFs Containing HMOP

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Interm) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.15% 90% A- 28% F
Dividend Return 2.52% 20% F 44% F
Total Return 2.36% 90% A- 26% F
Trailing 12 Months  
Capital Gain 3.99% 80% B- 29% F
Dividend Return 3.29% 40% F 44% F
Total Return 7.27% 70% C- 27% F
Trailing 5 Years  
Capital Gain -7.02% 40% F 37% F
Dividend Return 14.67% 90% A- 46% F
Total Return 7.65% 80% B- 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.66% 30% F 26% F
Dividend Return 1.00% 90% A- 28% F
Total Return 2.65% 100% F 59% D-
Risk Return Profile  
Volatility (Standard Deviation) 5.50% 50% F 91% A-
Risk Adjusted Return 18.13% 90% A- 36% F
Market Capitalization 0.47B 50% F 47% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.