BMO Target Retirement 2035 Y
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
12.9%
1 yr return
3.8%
3 Yr Avg Return
9.6%
5 Yr Avg Return
5.5%
Net Assets
$10.7 M
Holdings in Top 10
61.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BRTIX - Profile
Distributions
- YTD Total Return 12.9%
- 3 Yr Annualized Total Return 9.6%
- 5 Yr Annualized Total Return 5.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.01%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBMO Target Retirement 2035 Fund
-
Fund Family NameBMO Funds
-
Inception DateDec 27, 2013
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJon D. Adams
Fund Description
BRTIX - Performance
Return Ranking - Trailing
Period | BRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.9% | -31.7% | 19.7% | 55.79% |
1 Yr | 3.8% | -44.9% | 3.5% | 60.01% |
3 Yr | 9.6%* | -18.3% | 8.6% | 41.30% |
5 Yr | 5.5%* | -12.0% | 8.8% | 27.42% |
10 Yr | N/A* | -6.0% | 8.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | BRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.5% | -25.1% | -0.4% | 43.45% |
2022 | 12.1% | -36.9% | 20.0% | 49.11% |
2021 | 2.5% | -5.2% | 8.1% | 68.65% |
2020 | -4.2% | -25.3% | -0.8% | 28.27% |
2019 | 5.8% | -49.7% | 34.8% | 2.40% |
Total Return Ranking - Trailing
Period | BRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.9% | -31.7% | 19.7% | 55.79% |
1 Yr | 3.8% | -43.3% | 6.9% | 76.32% |
3 Yr | 9.6%* | -18.3% | 11.3% | 41.88% |
5 Yr | 5.5%* | -12.0% | 8.8% | 46.02% |
10 Yr | N/A* | -4.1% | 11.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.5% | -25.1% | -0.3% | 69.65% |
2022 | 19.7% | -36.9% | 26.6% | 25.13% |
2021 | 7.0% | -4.7% | 12.3% | 42.38% |
2020 | -2.4% | -25.3% | 3.9% | 59.27% |
2019 | 5.9% | -47.6% | 39.2% | 22.50% |
BRTIX - Holdings
Concentration Analysis
BRTIX | Category Low | Category High | BRTIX % Rank | |
---|---|---|---|---|
Net Assets | 10.7 M | 1.23 M | 43.6 B | 95.85% |
Number of Holdings | 29 | 3 | 142 | 20.16% |
Net Assets in Top 10 | 6.5 M | 1.09 M | 43.6 B | 96.64% |
Weighting of Top 10 | 61.05% | 17.8% | 109.7% | 95.85% |
Top 10 Holdings
- Vanguard Institutional Index I 12.04%
- BMO Pyrford International Stock R6 7.25%
- Metropolitan West Total Return Bd Plan 6.07%
- Dodge & Cox International Stock 6.01%
- BMO Large-Cap Value R6 5.85%
- Harbor Capital Appreciation Retirement 5.08%
- T. Rowe Price Growth Stock I 5.07%
- MFS International Intrinsic Value R6 4.63%
- BMO Alternative Strategies I 4.61%
- BMO LGM Emerging Markets Equity I 4.44%
Asset Allocation
Weighting | Return Low | Return High | BRTIX % Rank | |
---|---|---|---|---|
Stocks | 81.36% | 0.08% | 97.53% | 31.52% |
Bonds | 11.96% | 1.03% | 137.62% | 72.19% |
Cash | 6.59% | -100.79% | 23.12% | 34.24% |
Preferred Stocks | 0.06% | 0.00% | 7.14% | 40.24% |
Convertible Bonds | 0.04% | 0.00% | 3.36% | 74.27% |
Other | 0.01% | -0.85% | 24.53% | 68.41% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BRTIX % Rank | |
---|---|---|---|---|
Technology | 15.28% | 1.41% | 20.72% | 27.11% |
Financial Services | 13.27% | 1.51% | 18.80% | 27.75% |
Consumer Cyclical | 9.89% | 0.95% | 12.33% | 24.82% |
Healthcare | 9.56% | 1.06% | 13.46% | 29.40% |
Industrials | 8.97% | 0.83% | 13.93% | 25.89% |
Consumer Defense | 8.77% | 0.83% | 16.80% | 3.36% |
Energy | 3.61% | 0.40% | 6.45% | 44.64% |
Basic Materials | 3.17% | 0.16% | 5.40% | 44.21% |
Utilities | 3.11% | 0.05% | 5.43% | 9.44% |
Real Estate | 3.05% | 0.38% | 18.90% | 48.71% |
Communication Services | 2.56% | 0.30% | 4.07% | 18.67% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BRTIX % Rank | |
---|---|---|---|---|
US | 54.16% | 0.08% | 66.20% | 24.02% |
Non US | 27.20% | 0.00% | 46.30% | 38.38% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BRTIX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 6.59% | -120.10% | 23.97% | 35.38% |
Corporate | 4.52% | 0.26% | 51.60% | 69.69% |
Securitized | 4.18% | 0.00% | 60.24% | 56.25% |
Government | 3.30% | 0.00% | 137.62% | 80.63% |
Municipal | 0.05% | 0.00% | 3.09% | 54.61% |
Derivative | -0.01% | -4.34% | 12.92% | 71.34% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BRTIX % Rank | |
---|---|---|---|---|
US | 10.95% | -12.23% | 137.62% | 66.90% |
Non US | 1.01% | 0.00% | 34.95% | 83.77% |
BRTIX - Expenses
Operational Fees
BRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.45% | 0.00% | 5.22% | 7.87% |
Management Fee | 0.00% | 0.00% | 0.95% | 1.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.00% | 0.40% | 50.49% |
Sales Fees
BRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
BRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 32.00% | 0.00% | 106.00% | 66.90% |
BRTIX - Distributions
Dividend Yield Analysis
BRTIX | Category Low | Category High | BRTIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.04% | 39.46% |
Dividend Distribution Analysis
BRTIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Annually | Annually |
Net Income Ratio Analysis
BRTIX | Category Low | Category High | BRTIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.01% | -0.99% | 35.20% | 86.62% |
Capital Gain Distribution Analysis
BRTIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2018 | $0.237 | |
Dec 22, 2017 | $0.232 | |
Dec 22, 2016 | $0.141 | |
Dec 24, 2015 | $0.158 |
BRTIX - Fund Manager Analysis
Managers
Jon D. Adams
Start Date
Tenure
Tenure Rank
Aug 25, 2015
3.85
3.9%
Mr. Adams, Senior Investment Strategist and Portfolio Manager, joined BMO Asset Management Corp in 2015. Previously, Mr. Adams was a portfolio manager with UBS Global Asset Management from 2003 to 2015. He is a Director and is an Asset Allocation Analyst on the Global Investment Solutions team. He is responsible for the setting-up of Global Balanced, US Balanced and Currency strategies. His other responsibilities include analysis of economics, capital market assumptions and currencies.
Michael Dowdall
Start Date
Tenure
Tenure Rank
Mar 29, 2017
2.25
2.3%
Mr. Dowdall, Investment Strategist and Portfolio Manager of BMO Asset Management Corp., joined BMO in 2016 and is a CFA Charterholder. Previously, Mike was an investment analyst at Lighthouse Investment Partners, where he covered a variety of hedge fund strategies and built customized portfolios for clients. He began his career as a senior consultant at Protiviti.
Irina Pacheco
Start Date
Tenure
Tenure Rank
Mar 29, 2017
2.25
2.3%
Ms. Pacheco, Investment Strategist and Portfolio Manager of BMO Asset Management Corp., joined BMO in 2006.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 16.76 | 6.29 | 7.5 |