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Hartford Tax-Free National L (FTNAX)

On Feb 9: 9.17 USD  Down 0.01 (0.11%)  
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Profile  As of 31-Dec-07 Get Profile for:
Hartford Tax-Free National L
P O Box 2999 Hartford CT 06104-2999
Phone: 888-843-7824
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FUND OVERVIEW
Category: Muni National Long
Fund Family: Hartford Mutual Funds
Net Assets: 8.03M
Year-to-Date Return: -1.98%
Yield: 4.40%
Morningstar Rating: 2 stars
Fund Inception Date: 14-Nov-94
MORNINGSTAR STYLE BOX
Muni National Long
[View Category Definition]
View Top Muni National Long Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Charles Grande
Lead Manager since 02-Apr-01
Grande is executive vice president of Hartford Investment Management. Grande has begun an investment professional since 1989. He joined Hartford Investment Management in June 1995 and has been involved in credit analysis and portfolio management since that time. Prior to joining Hartford Investment Management, he was senior analyst and deputy group head at Credit Suisse Financial Products Co. and an assistant vice president responsible for municipal credit analysis at MBIA.
INVESTMENT INFORMATION
Min Initial Investment: $500
Min Initial Investment, IRA: $0
Min Initial Investment, AIP: $500
Min Subsequent Investment: $50
Min Subsequent Investment, IRA: $0
Min Subsequent Investment, AIP: $50
FTNAX can be purchased from 37 brokerages.
FUND SUMMARY
The investment seeks to provide current income exempt from federal income tax. The fund invests at least 80% of assets in investments the income from which is exempt from federal income tax. At least 65% of the tax-exempt obligations purchased by the fund will be of "investment grade" quality and up to 35% in non-investment grade debt securities. It may also invest up to 20% of assets in securities with income subject to income tax. The average maturity of the fund's holdings may range from five to thirty years.
FUND OPERATIONS
Last Dividend (31-Dec-07): 0.04
Last Cap Gain (10-Nov-06): 0.03
Annual Holdings Turnover 14.00%
Average for Category: 40.02%
FEES & EXPENSES
Expense FTNAX Category
Avg
Total Expense Ratio: 1.05% 1.10%
Max 12b1 Fee: 0.25% N/A
Max Front End Sales Load: 4.50% 4.33%
Max Deferred Sales Load: 0.00% 2.68%
3 Yr Expense Projection*: $802 $572
5 Yr Expense Projection*: $1,060 $827
10 Yr Expense Projection*: $1,796 $1,552
* Per $10,000 invested


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