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BMO U.S. Dollar Monthly Income Fund Series A

Global 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

2019, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(04-16-2024)
$4.53
Change
-$0.02 (-0.36%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

BMO U.S. Dollar Monthly Income Fund Series A

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Fund Returns

Inception Return (October 12, 2004): 3.71%

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 2.74% 4.24% 13.13% 4.24% 8.92% -0.26% 1.51% 7.02% 2.88% 3.49% 3.62% 4.05% 3.55% 3.93%
Benchmark 1.95% 3.24% 13.32% 3.24% 12.24% 1.85% 1.32% 7.86% 5.35% 4.69% 5.60% 5.87% 5.20% 4.85%
Category Average 1.96% 12.03% 12.03% 4.49% 10.15% 3.31% 3.22% 7.67% 4.79% 4.62% 4.52% 5.09% 4.15% 4.67%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.51% -2.89% 2.61% 1.47% -1.89% -3.44% -2.18% 5.51% 5.15% 0.05% 1.41% 2.74%
Benchmark 0.95% -1.50% 3.22% 2.23% -2.06% -3.63% -2.32% 7.23% 4.79% -0.51% 1.79% 1.95%

Best Monthly Return Since Inception

11.05% (April 2009)

Worst Monthly Return Since Inception

-17.32% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 11.29% -2.88% 8.50% 9.99% -4.80% 15.52% 0.14% 13.70% -13.66% 5.89%
Benchmark 2.93% -1.74% 5.51% 16.32% -5.58% 17.91% 13.35% 6.94% -17.27% 14.38%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

15.52% (2019)

Worst Calendar Return (Last 10 years)

-13.66% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 47.79
Mortgages 18.97
Foreign Corporate Bonds 15.71
Foreign Bonds - Other 6.32
Cash and Equivalents 4.09
Other 7.12

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 44.37
Real Estate 12.71
Technology 7.00
Financial Services 6.17
Healthcare 5.83
Other 23.92

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.88
Europe 3.57
Latin America 0.44
Other 0.11

Top Holdings

Top Holdings
Name Percent
BMO Low Volatility US Equity ETF U$ (ZLU.U) 7.82
US 5YR NOTE (CBT) JUN24 XCBT 20240628 6.25
USD Currency 3.30
US 10YR NOTE (CBT)JUN24 XCBT 20240618 1.99
FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE 5.50% 11-Apr-2054 1.52
Broadcom Inc 1.23
Microsoft Corp 1.10
Qualcomm Inc 0.98
Simon Property Group Inc 0.89
GNMA II TBA 30 YR 4 JUMBOS 4.00% 18-Apr-2054 0.89

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)

BMO U.S. Dollar Monthly Income Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 10.95% 11.60% 9.47%
Beta 1.01% 1.17% 0.78%
Alpha -0.02% -0.03% -0.01%
Rsquared 0.70% 0.66% 0.40%
Sharpe -0.05% 0.14% 0.31%
Sortino -0.11% 0.06% 0.18%
Treynor -0.01% 0.01% 0.04%
Tax Efficiency - 20.41% 38.81%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.30% 10.95% 11.60% 9.47%
Beta 1.12% 1.01% 1.17% 0.78%
Alpha -0.04% -0.02% -0.03% -0.01%
Rsquared 0.67% 0.70% 0.66% 0.40%
Sharpe 0.42% -0.05% 0.14% 0.31%
Sortino 1.04% -0.11% 0.06% 0.18%
Treynor 0.04% -0.01% 0.01% 0.04%
Tax Efficiency 72.47% - 20.41% 38.81%

Fund Details

Start Date October 12, 2004
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $246

Fund Codes

FundServ Code Load Code Sales Status
BMO70804
BMO804

Investment Objectives

This fund’s objective is to provide a fixed monthly distribution by investing primarily in U.S. equities and U.S. fixed income securities.

Investment Strategy

These are the strategies the portfolio managers use to try to achieve the fund’s objective: invests in U.S. dollar-denominated securities across asset classes; invests in common equities and real estate investment trusts by examining the financial statistics of each potential investment, looking for: - an attractive price - consistent earnings - evidence that companies management believes in the future of the company.

Portfolio Manager(s)

Name Start Date
Jeffrey Sutcliffe 07-26-2018
Dan DeYoung 12-16-2021
Brian Lavin 12-16-2021
Jason Callan 12-16-2021
Alex Christensen 12-16-2021
Gene Tannuzzo 12-16-2021
Ernesto Ramos 12-16-2021

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 2.26%
Management Fee 1.85%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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