Hartford Municipal Financials
HMJFX Fund | USD 9.91 0.01 0.10% |
Hartford |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Hartford Municipal Fund Summary
Hartford Municipal competes with Rational/pier, Lord Abbett, Lazard Funds, Harbor Convertible, and Gamco Global. Normally, the fund will invest at least 80 percent of its net assets in municipal securities that pay interest exempt from federal income tax. The fund may invest up to 20 percent of its net assets in non-investment grade municipal securities. It may invest in securities that produce income subject to income tax, including the Alternative Minimum Tax.Specialization | Muni National Short, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | HARTFORD MUTUAL FUNDS |
Mutual Fund Family | Hartford Mutual Funds |
Mutual Fund Category | Muni National Short |
Benchmark | Dow Jones Industrial |
Phone | 888 843 7824 |
Currency | USD - US Dollar |
Hartford Municipal Key Financial Ratios
Hartford Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hartford Municipal's current stock value. Our valuation model uses many indicators to compare Hartford Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hartford Municipal competition to find correlations between indicators driving Hartford Municipal's intrinsic value. More Info.Hartford Municipal Short is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 834.67 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hartford Municipal's earnings, one of the primary drivers of an investment's value.Hartford Municipal Short Systematic Risk
Hartford Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hartford Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Hartford Municipal Short correlated with the market. If Beta is less than 0 Hartford Municipal generally moves in the opposite direction as compared to the market. If Hartford Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hartford Municipal Short is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hartford Municipal is generally in the same direction as the market. If Beta > 1 Hartford Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Hartford Municipal March 17, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hartford Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hartford Municipal Short. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hartford Municipal Short based on widely used predictive technical indicators. In general, we focus on analyzing Hartford Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hartford Municipal's daily price indicators and compare them against related drivers.
Downside Deviation | 0.1817 | |||
Information Ratio | 1.07 | |||
Maximum Drawdown | 0.4073 | |||
Value At Risk | (0.10) | |||
Potential Upside | 0.2024 |
Other Information on Investing in Hartford Mutual Fund
Hartford Municipal financial ratios help investors to determine whether Hartford Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hartford with respect to the benefits of owning Hartford Municipal security.
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