Hartford Municipal Short Duration Fund Q1 2026 Commentary
Hartford Funds·2026-05-25·via All Articles on Seeking Alpha
Summary
The Hartford Municipal Short Duration Fund (I share) underperformed the Bloomberg Municipal Bond Short 1-5 Year Index over the quarter.
Many municipal sectors have the ability to raise revenues quickly to address inflationary pressures.
Tax-exempts are somewhat attractive at the corporate tax rate vs. corporate bonds, particularly relative to their recent history and at maturities greater than 17 years.
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Market Overview
US fixed income markets faced a more challenging backdrop in the first quarter of 2026, as the inflation shock from the war in Iran reset expectations for Federal Reserve policy rates and shifted US
