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

BMO U.S. High Yield Bond Fund Series A

High Yield Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(01-22-2025)
$7.22
Change
$0.00 (0.01%)

As at December 31, 2024

As at December 31, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
End of interactive chart.

Legend

BMO U.S. High Yield Bond Fund Series A

Compare Options


Fund Returns

Inception Return (June 23, 2008): 3.18%

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 -0.75% -0.91% 2.53% 4.46% 4.46% 7.37% 0.86% 1.30% 1.60% 3.04% 1.81% 2.09% 2.84% 2.22%
Benchmark 2.08% 5.25% 9.99% 17.23% 17.23% 13.74% 6.39% 4.89% 5.14% 5.61% 5.57% 5.24% 5.84% 6.72%
Category Average -0.34% 0.42% 4.45% 7.12% 7.12% 7.85% 1.54% 1.95% 2.63% 3.74% 2.80% 3.12% 3.82% 3.15%
Category Rank 260 / 303 287 / 303 293 / 302 286 / 301 286 / 301 242 / 295 235 / 286 223 / 277 232 / 272 220 / 262 205 / 237 195 / 226 184 / 198 173 / 182
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.9973 to 2.9503.
End of interactive chart.
Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund -0.30% 0.00% 1.01% -0.84% 1.13% 0.88% 1.41% 1.33% 0.70% -1.00% 0.84% -0.75%
Benchmark 1.39% 1.87% 0.83% 0.55% 0.00% 1.79% 2.95% -0.48% 2.00% 2.26% 0.82% 2.08%

Best Monthly Return Since Inception

6.81% (January 2009)

Worst Monthly Return Since Inception

-16.53% (October 2008)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -11.00342 to 17.230188.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -3.21% 9.09% 4.01% -5.24% 10.55% 2.80% 2.65% -11.00% 10.36% 4.46%
Benchmark 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36% 17.23%
Category Average -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59% 7.12%
Quartile Ranking 3 4 3 4 2 3 4 4 2 4
Category Rank 98/ 182 154/ 198 160/ 226 218/ 237 120/ 262 199/ 272 208/ 277 221/ 286 92/ 295 286/ 301

Best Calendar Return (Last 10 years)

10.55% (2019)

Worst Calendar Return (Last 10 years)

-11.00% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 93.75
Cash and Equivalents 5.51
Canadian Government Bonds 0.75
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 94.49
Cash and Cash Equivalent 5.51

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
USD Currency 2.44
Hilcorp Energy I LP 6.25% 01-Nov-2028 0.93
CCO Holdings LLC 5.13% 01-May-2027 0.83
HUB International Ltd 7.25% 15-Jun-2030 0.83
Medline Borrower LP 5.25% 01-Oct-2029 0.80
Cloud Software Group Inc 6.50% 31-Mar-2029 0.72
H&E Equipment Services Inc 3.88% 15-Dec-2028 0.70
American Bldr Cntr Sply Co Inc 4.00% 15-Jan-2028 0.68
Caesars Entertainment Inc 7.00% 15-Feb-2030 0.67
CHS/Community Health Systm Inc 5.25% 15-May-2030 0.65

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 0.6551 to 13.5181.
The chart has 1 Y axis displaying Return. Data ranges from -4.485139 to 10.324205.
End of interactive chart.

BMO U.S. High Yield Bond Fund Series A

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 8.54% 9.38% 7.29%
Beta 0.87% 0.95% 0.55%
Alpha -0.04% -0.03% -0.01%
Rsquared 0.47% 0.54% 0.28%
Sharpe -0.28% -0.03% 0.11%
Sortino -0.28% -0.13% -0.09%
Treynor -0.03% 0.00% 0.02%
Tax Efficiency - - 3.41%
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 3.09% 8.54% 9.38% 7.29%
Beta -0.23% 0.87% 0.95% 0.55%
Alpha 0.08% -0.04% -0.03% -0.01%
Rsquared 0.07% 0.47% 0.54% 0.28%
Sharpe 0.01% -0.28% -0.03% 0.11%
Sortino 0.70% -0.28% -0.13% -0.09%
Treynor 0.00% -0.03% 0.00% 0.02%
Tax Efficiency 54.97% - - 3.41%

Fund Details

Start Date June 23, 2008
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $387

Fund Codes

FundServ Code Load Code Sales Status
BMO70737
BMO737

Investment Objectives

This fund's objective is to provide a high level of total return through a combination of income and capital appreciation by investing primarily in fixed income securities issued by United States corporations.

Investment Strategy

These are the strategies that the portfolio manager uses to try to achieve the fund’s objective: invests primarily in a diversified pool of fixed income securities, such as bonds and debentures issued by corporations or obtains exposure to such securities; invests primarily in high yield securities rated below BBB 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
Brian Lavin 11-12-2021
Daniel DeYoung 11-12-2021

Management and Organization

Fund Manager BMO Investments Inc.
Advisor Columbia Management Investment Advisors, LLC (CMIA
Custodian State Street Trust Company Canada
Registrar BMO Investments Inc.
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 1.59%
Management Fee 1.20%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.75%
Trailer Fee Max (LL) -

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