Hartford Municipal Short Duration Fund Class I is an open‑end municipal bond fund focused on generating current income that is generally exempt from federal income taxes while pursuing long‑term total return. The portfolio invests primarily in short‑term, investment‑grade municipal bonds, emphasizing diversification by geography, sector, and credit quality across the United States to manage interest‑rate sensitivity and credit risk. Revenue bonds represent the core of its exposure, spanning areas such as industrial development, housing, transportation, and health care, reflecting a broad footprint in essential public‑finance sectors. The strategy is sub‑advised by Wellington Management Company, integrating fundamental research and collaborative oversight across fixed income markets. Classified in the Muni National Short category, the fund aims to limit duration‑driven volatility relative to longer‑maturity municipal strategies, aligning with investors seeking tax‑advantaged income and measured interest‑rate risk. Standard municipal bond considerations apply, including potential exposure to the alternative minimum tax and sensitivity to state and local fiscal conditions. Established in 2015, the fund maintains a short duration profile intended to balance income stability with capital preservation within the municipal market.
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