Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Fund Search
ETF Search
Stock Search

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info

BMO Monthly Income Fund Series A

  • Premium Feature Only
Add to My Watchlist

Canadian Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2020, 2019, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(01-17-2025) 		$6.74
Change
$0.05 (0.69%)

As at December 31, 2024

As at October 31, 2024

Period
Loading...

Legend

BMO Monthly Income Fund Series A

Compare Options

Fund Returns

Inception Return (March 22, 1999): 5.67%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -1.61% 0.87% 7.92% 11.76% 11.76% 9.76% 3.03% 5.14% 4.96% 6.44% 5.19% 5.28% 5.41% 5.10%
Benchmark -2.03% 2.05% 10.03% 13.55% 13.55% 11.47% 4.48% 6.29% 6.55% 8.01% 6.16% 6.17% 6.80% 5.77%
Category Average -1.58% 1.25% 7.24% 11.69% 11.69% 9.97% 3.11% 4.99% 5.26% 6.44% 4.77% 4.89% 5.08% 4.57%
Category Rank 254 / 452 324 / 452 198 / 452 333 / 446 333 / 446 309 / 432 334 / 412 299 / 392 307 / 377 259 / 368 205 / 358 196 / 347 232 / 334 170 / 301
Quartile Ranking 3 3 2 3 3 3 4 4 4 3 3 3 3 3

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.15% 1.19% 1.39% -2.06% 2.20% 0.69% 3.98% 0.74% 2.14% -0.68% 3.22% -1.61%
Benchmark -0.31% 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18% -2.03%

Best Monthly Return Since Inception

5.81% (April 2020)

Worst Monthly Return Since Inception

-9.15% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.42% 6.44% 5.92% -2.05% 14.17% 4.27% 11.73% -9.21% 7.79% 11.76%
Benchmark -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43% 13.55%
Category Average 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27% 11.69%
Quartile Ranking 2 4 3 1 2 4 3 4 3 3
Category Rank 77/ 301 256/ 334 192/ 347 41/ 358 113/ 368 294/ 377 231/ 392 310/ 412 312/ 432 333/ 446

Best Calendar Return (Last 10 years)

14.17% (2019)

Worst Calendar Return (Last 10 years)

-9.21% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 34.03
Canadian Government Bonds 20.62
Canadian Corporate Bonds 18.12
US Equity 14.85
International Equity 6.24
Other 6.14

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 37.95
Financial Services 13.40
Technology 8.18
Energy 6.28
Consumer Services 5.70
Other 28.49

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.75
Europe 4.24
Asia 1.89
Latin America 0.06
Africa and Middle East 0.05
Other 0.01

Top Holdings

Top Holdings
Name Percent
BMO MSCI EAFE Index ETF (ZEA) 5.67
BMO S&P 500 Index ETF (ZSP) 5.23
Royal Bank of Canada 2.88
Canada Government 3.00% 01-Jun-2034 2.41
B1314880 CDS USD R V 03MEVENT 525371218 CCPCDX 1.00% 20-Dec-2029 1.92
BMO Global Infrastructure Index ETF (ZGI) 1.67
Toronto-Dominion Bank 1.64
Enbridge Inc 1.48
Constellation Software Inc 1.14
Canada Government 2.00% 01-Jun-2032 1.04

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

BMO Monthly Income Fund Series A

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 8.99% 9.39% 7.52%
Beta 0.89% 0.87% 0.85%
Alpha -0.01% -0.01% 0.00%
Rsquared 0.97% 0.96% 0.89%
Sharpe -0.03% 0.32% 0.48%
Sortino 0.06% 0.34% 0.43%
Treynor 0.00% 0.03% 0.04%
Tax Efficiency 31.17% 60.43% 56.50%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.32% 8.99% 9.39% 7.52%
Beta 0.86% 0.89% 0.87% 0.85%
Alpha 0.00% -0.01% -0.01% 0.00%
Rsquared 0.92% 0.97% 0.96% 0.89%
Sharpe 1.10% -0.03% 0.32% 0.48%
Sortino 2.68% 0.06% 0.34% 0.43%
Treynor 0.08% 0.00% 0.03% 0.04%
Tax Efficiency 84.31% 31.17% 60.43% 56.50%

Fund Details

Start Date March 22, 1999
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $6,261

Fund Codes

FundServ Code Load Code Sales Status
BMO148
BMO70148

Investment Objectives

This fund's objectives are: to provide a fixed monthly distribution, to preserve the value of your investment. As part of its investment objectives, the fund invests primarily in: Canadian fixed income securities with higher-than-average yields, issued by the federal government, provincial governments, government agencies and corporations, preferred and common shares, real estate investment trusts, royalty trusts and other high-yielding investments.

Investment Strategy

These are the strategies the portfolio manager (Canadian portfolio) and the sub-advisor (U.S. equity portfolio) use to try to achieve the fund’s objectives: invests in both equities and fixed income securities; when choosing fixed income securities: - invests primarily in securities rated BBB or higher at the time of investment by Standard and Poor’s Rating Service or the equivalent rating as defined by other recognized rating agencies.

Portfolio Manager(s)

Name Start Date
Andrew Osterback 04-02-2012
Robert Armstrong 04-23-2024
Chris Childs 04-23-2024
Alan Xiao 05-24-2024
Gordon Rumble 05-24-2024
Sachal Mahajan 05-24-2024
Mark Sawyer 05-24-2024
Steve Xu 05-24-2024

Management and Organization

Fund Manager BMO Investments Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor BMO Investments Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.57%
Management Fee 1.30%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.80%
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info