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BMO Monthly Income Fund Series A

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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
(06-13-2025) 		$6.80
Change
-$0.03 (-0.42%)

As at May 31, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2001Jan 2003Jan 2005Jan 2007Jan 2009Jan 2011Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2001Jan 2005Jan 2009Jan 2013Jan 2017Jan 2021Jan 2025J…$10,000$20,000$30,000$40,000$0$50,000$9,000$11,000$12,000$13,000Period

Legend

BMO Monthly Income Fund Series A

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Fund Returns

Inception Return (March 22, 1999): 5.72%

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 2.33% 0.65% 1.85% 3.52% 12.49% 10.30% 6.45% 4.87% 6.37% 5.64% 5.72% 5.07% 5.35% 5.12%
Benchmark 3.10% 1.70% 2.34% 4.46% 15.59% 12.63% 7.93% 6.01% 8.07% 7.09% 6.79% 6.42% 6.60% 5.87%
Category Average 2.79% 0.15% 1.18% 2.80% 10.61% 10.30% 6.51% 4.52% 6.62% 5.65% 5.20% 4.81% 5.10% 4.47%
Category Rank 373 / 444 133 / 439 160 / 439 144 / 439 116 / 439 289 / 421 266 / 408 261 / 389 310 / 369 264 / 359 188 / 353 202 / 341 221 / 325 132 / 290
Quartile Ranking 4 2 2 2 2 3 3 3 4 3 3 3 3 2

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.69% 3.98% 0.74% 2.14% -0.68% 3.22% -1.61% 2.02% 0.82% -1.11% -0.54% 2.33%
Benchmark 0.56% 4.19% 0.91% 2.55% -0.02% 4.18% -2.03% 2.42% 0.29% -0.96% -0.40% 3.10%

Best Monthly Return Since Inception

5.81% (April 2020)

Worst Monthly Return Since Inception

-9.15% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
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% 11.70%
Quartile Ranking 1 4 3 1 2 4 3 4 3 3
Category Rank 69/ 290 249/ 323 182/ 335 39/ 346 107/ 356 283/ 365 223/ 380 301/ 399 300/ 419 323/ 433

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 35.57
Canadian Corporate Bonds 20.81
Canadian Government Bonds 20.76
US Equity 11.83
Cash and Equivalents 4.30
Other 6.73

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 41.79
Financial Services 13.44
Technology 7.25
Energy 6.66
Consumer Services 5.55
Other 25.31

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.11
Europe 2.73
Asia 1.09
Latin America 0.07
Africa and Middle East 0.03
Other -0.03

Top Holdings

Top Holdings
Name Percent
BMO S&P 500 Index ETF (ZSP) 3.81
BMO MSCI EAFE Index ETF (ZEA) 3.41
BMO Aggregate Bond Index ETF (ZAG) 2.99
Royal Bank of Canada 2.74
Enbridge Inc 1.73
BMO Short Corporate Bond Index ETF (ZCS) 1.56
Toronto-Dominion Bank 1.54
Canada Government 3.25% 01-Jun-2035 1.29
BMO Global Infrastructure Index ETF (ZGI) 1.28
Constellation Software Inc 1.22

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return78910111213140%2%4%6%8%10%12%

BMO Monthly Income Fund Series A

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 8.67% 7.87% 7.48%
Beta 0.88% 0.88% 0.85%
Alpha -0.01% -0.01% 0.00%
Rsquared 0.97% 0.94% 0.90%
Sharpe 0.31% 0.51% 0.48%
Sortino 0.66% 0.69% 0.44%
Treynor 0.03% 0.05% 0.04%
Tax Efficiency 69.47% 69.14% 56.27%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 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 6.15% 8.67% 7.87% 7.48%
Beta 0.86% 0.88% 0.88% 0.85%
Alpha -0.01% -0.01% -0.01% 0.00%
Rsquared 0.96% 0.97% 0.94% 0.90%
Sharpe 1.38% 0.31% 0.51% 0.48%
Sortino 3.45% 0.66% 0.69% 0.44%
Treynor 0.10% 0.03% 0.05% 0.04%
Tax Efficiency 85.45% 69.47% 69.14% 56.27%

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) $6,649

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 Management

Portfolio Manager

BMO Asset Management Inc.

  • Andrew Osterback
  • Robert Armstrong
  • Sachal Mahajan
  • Gordon Rumble
  • Steve Xu
Sub-Advisor

Columbia Threadneedle Management Limited

  • Chris Childs
  • Alan Xiao
  • Mark Sawyer

Management and Organization

Fund Manager

BMO Investments Inc.
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada

Bank of Montreal Investment Services
Distributor

BMO Investments Inc.

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) -

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