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BMO U.S. Corporate Bond Fund Series A

Global Corp Fixed Income

NAVPS
(04-18-2024)
$9.15
Change
-$0.02 (-0.26%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

BMO U.S. Corporate Bond Fund Series A

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Fund Returns

Inception Return (June 13, 2022): 2.69%

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 1.13% -0.73% 7.38% -0.73% 3.63% - - - - - - - - -
Benchmark 0.87% 1.89% 7.97% 1.89% 5.13% 2.99% -0.37% -0.61% 1.00% 1.65% 1.85% 2.17% 2.40% 3.49%
Category Average 0.99% 7.07% 7.07% 0.83% 5.91% 1.22% -0.24% 2.52% 1.83% 2.01% - - - -
Category Rank 55 / 114 110 / 113 58 / 112 110 / 113 93 / 112 - - - - - - - - -
Quartile Ranking 2 4 3 4 4 - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.77% -1.57% 0.40% 0.35% -0.84% -2.60% -2.17% 6.18% 4.13% -0.13% -1.71% 1.13%
Benchmark 1.46% -1.67% -1.90% 0.45% 1.77% -2.69% 1.41% 3.17% 1.28% 0.85% 0.16% 0.87%

Best Monthly Return Since Inception

6.18% (November 2023)

Worst Monthly Return Since Inception

-5.81% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 7.59%
Benchmark 12.44% 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54%
Category Average - - - - - 9.03% 6.89% 0.56% -10.54% 7.62%
Quartile Ranking - - - - - - - - - 3
Category Rank - - - - - - - - - 69/ 111

Best Calendar Return (Last 10 years)

7.59% (2023)

Worst Calendar Return (Last 10 years)

7.59% (2023)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 118.07
US Equity 3.06
Canadian Corporate Bonds 1.43
Derivatives 0.14
Cash and Equivalents -22.70

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 119.50
Financial Services 3.06
Cash and Cash Equivalent -22.70
Other 0.14

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.48
Europe 0.53
Other -0.01

Top Holdings

Top Holdings
Name Percent
B7604357 CDS USD R V 03MEVENT 462326059 CCPCDX 1.00% 20-Jun-2029 4.02
Halliburton Co 7.45% 15-Sep-2039 2.47
Athene Holding Ltd 4.13% 12-Oct-2027 2.35
Barclays PLC 5.20% 12-May-2026 2.23
Fortis Inc 3.06% 04-Jul-2026 2.21
American Tower Corp 3.55% 15-Apr-2027 1.99
Kraft Heinz Foods Co 5.00% 04-Jun-2042 1.96
Carrier Global Corp 2.72% 15-Nov-2029 1.84
Enbridge Inc 5.90% 15-Oct-2026 1.81
UnitedHealth Group Inc 4.75% 15-Jul-2045 1.81

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date June 13, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $332

Fund Codes

FundServ Code Load Code Sales Status
BMO129
BMO70129

Investment Objectives

This fund’s objective is to provide income along with the opportunity for growth by investing primarily in U.S. dollar denominated corporate debt instruments.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objectives: invests primarily in U.S. dollar denominated investment grade corporate bonds; may also invest in non-investment grade debt instruments, loans and any other debt obligations the portfolio manager believes will enhance the fund’s total return; utilizes fundamental research, employing an active investment style to identify overvalued and undervalued sectors of the fixed income market.

Portfolio Manager(s)

Name Start Date
BMO Asset Management Inc. 05-01-2022

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.99%
Management Fee 0.85%
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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