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Trending ETFs

Name

As of 02/11/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$347 M

0.01%

$0.00

0.20%

Vitals

YTD Return

0.0%

1 yr return

0.0%

3 Yr Avg Return

0.8%

5 Yr Avg Return

1.1%

Net Assets

$347 M

Holdings in Top 10

47.7%

52 WEEK LOW AND HIGH

$1.0
$1.00
$1.00

Expenses

OPERATING FEES

Expense Ratio 0.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$10,000,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 02/11/2022

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$347 M

0.01%

$0.00

0.20%

MAIXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BMO Prime Money Market Fund
  • Fund Family Name
    BMO Funds
  • Inception Date
    Apr 03, 2000
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Boyd Eager

Fund Description

The Fund invests in high quality, short-term money market instruments, such as short-term commercial paper, corporate bonds and notes, asset-backed securities, bank instruments, demand and variable rate demand instruments, U.S. government obligations, municipal securities, repurchase agreements, and funding agreements. The Fund may invest in U.S. dollar-denominated instruments issued by foreign governments, corporations and financial institutions. The Fund may invest only in securities which have been determined by the Adviser to present minimal credit risks to the Fund, based on the Adviser’s consideration of a number of factors including, but not limited to, financial condition, sources of liquidity, ability to react to market-wide and issuer- or guarantor-specific events, and positions within the industry and industry strength. The Adviser uses a “bottom-up” approach, which evaluates debt securities of individual companies against the context of broader market factors such as the cyclical trend in interest rates, the shape of the yield curve, and debt security supply factors. The Adviser also integrates environmental, social, and governance (ESG) considerations into its investment process.
In pursuing its investment objective and implementing its investment strategies, the Fund will comply with Rule 2a-7 under the Investment Company Act of 1940, as amended (1940 Act), which requires, among other things, the Fund to meet certain requirements as to portfolio quality, diversification, maturity, and liquidity.
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MAIXX - Performance

Return Ranking - Trailing

Period MAIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 12.21%
1 Yr 0.0% -0.3% 0.1% 34.18%
3 Yr 0.8%* 0.0% 0.9% 35.33%
5 Yr 1.1%* 0.0% 1.2% 35.00%
10 Yr 0.6%* 0.0% 0.7% 31.72%

* Annualized

Return Ranking - Calendar

Period MAIXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 13.10%
2022 0.0% 0.0% 0.0% 11.67%
2021 0.0% 0.0% 0.0% 11.67%
2020 0.0% 0.0% 0.0% 10.13%
2019 0.0% 0.0% 0.0% 9.62%

Total Return Ranking - Trailing

Period MAIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 12.21%
1 Yr 0.0% -5.0% 0.1% 31.63%
3 Yr 0.8%* -0.6% 0.9% 35.33%
5 Yr 1.1%* -0.1% 1.2% 35.00%
10 Yr 0.6%* 0.0% 0.7% 31.72%

* Annualized

Total Return Ranking - Calendar

Period MAIXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 13.10%
2022 0.0% 0.0% 0.0% 11.67%
2021 0.0% 0.0% 0.0% 11.67%
2020 0.0% 0.0% 0.0% 10.13%
2019 0.0% 0.0% 0.0% 9.62%

NAV & Total Return History


MAIXX - Holdings

Concentration Analysis

MAIXX Category Low Category High MAIXX % Rank
Net Assets 347 M 5.44 M 74.1 B 92.46%
Number of Holdings 64 1 354 72.86%
Net Assets in Top 10 186 M 5 M 31 B 91.96%
Weighting of Top 10 47.66% 6.0% 100.0% 25.13%

Top 10 Holdings

  1. Fixed Inc Clearing Corp.Repo 15.36%
  2. Fixed Inc Clearing Corp.Repo 15.36%
  3. Fixed Inc Clearing Corp.Repo 15.36%
  4. Fixed Inc Clearing Corp.Repo 15.36%
  5. Fixed Inc Clearing Corp.Repo 15.36%
  6. Fixed Inc Clearing Corp.Repo 15.36%
  7. Fixed Inc Clearing Corp.Repo 15.36%
  8. Fixed Inc Clearing Corp.Repo 15.36%
  9. Fixed Inc Clearing Corp.Repo 15.36%
  10. Fixed Inc Clearing Corp.Repo 15.36%

Asset Allocation

Weighting Return Low Return High MAIXX % Rank
Cash
100.00% 63.22% 100.00% 3.02%
Stocks
0.00% 0.00% 0.00% 11.56%
Preferred Stocks
0.00% 0.00% 1.17% 18.09%
Other
0.00% 0.00% 0.00% 11.56%
Convertible Bonds
0.00% 0.00% 12.34% 32.16%
Bonds
0.00% 0.00% 36.78% 76.88%

MAIXX - Expenses

Operational Fees

MAIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.10% 1.90% 73.87%
Management Fee 0.15% 0.05% 0.57% 29.15%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.03% 0.55% 4.35%

Sales Fees

MAIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MAIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

MAIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 212.00% N/A

MAIXX - Distributions

Dividend Yield Analysis

MAIXX Category Low Category High MAIXX % Rank
Dividend Yield 0.01% 0.00% 0.02% 12.06%

Dividend Distribution Analysis

MAIXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MAIXX Category Low Category High MAIXX % Rank
Net Income Ratio 0.01% -0.16% 1.00% 66.49%

Capital Gain Distribution Analysis

MAIXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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MAIXX - Fund Manager Analysis

Managers

Boyd Eager


Start Date

Tenure

Tenure Rank

Feb 17, 2012

9.96

10.0%

Boyd is a portfolio manager with the BMO Taxable Fixed Income Team. He serves as a corporate sector specialist for the short-duration group. Boyd is a part of the liquidity products team that has principal responsibility for the firm’s short-duration, securities lending and cash management strategies. He joined the company in 1996. He holds an M.B.A. in finance from DePaul University and a B.S. in business administration from Ferris State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 41.25 16.33 18.01