Hartford Municipal Opportunities ETF (HMOP) is an actively managed exchange-traded fund that seeks current income exempt from federal income taxes, capital appreciation, and preservation of capital by investing primarily in high yield and investment grade municipal securities. The fund offers exposure to a diversified portfolio of municipal bonds, including general obligation bonds, revenue bonds, and pre-refunded municipal securities; it employs a multi-sector strategy targeting opportunities across various municipal market segments such as healthcare, transportation, education, and utilities, while maintaining a focus on securities rated investment grade or higher by at least one major rating agency, with up to 20% allocation to high yield bonds. HMOP operates in the U.S. fixed income market, targeting tax-sensitive individual and institutional investors seeking municipal bond exposure with enhanced yield potential through active management; it was launched in 2019 and is domiciled in the United States, managed by Hartford Funds Management Company, LLC, a subsidiary of The Hartford Financial Services Group, Inc., with headquarters in Hartford, Connecticut.
In recent developments, HMOP benefited from portfolio manager enhancements in 2024, with the addition of experienced municipal bond specialists to its management team to refine yield optimization and risk-adjusted performance amid fluctuating interest rates; the fund also participated in strategic sector reallocations during 2025, increasing exposure to high-conviction opportunities in infrastructure and housing-related municipals following federal policy shifts under President Donald Trump's administration. These changes align with broader market dynamics, including increased municipal issuance for infrastructure projects and tax-exempt financing initiatives. The ETF trades on the NYSE Arca exchange under the ticker HMOP, maintaining a competitive expense ratio and liquidity profile suitable for tactical fixed income allocations.