BMO Mid-Cap Value I
Name
As of 01/21/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-31.8%
1 yr return
35.1%
3 Yr Avg Return
17.9%
5 Yr Avg Return
9.8%
Net Assets
$42 M
Holdings in Top 10
19.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 01/21/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MRVIX - Profile
Distributions
- YTD Total Return -31.8%
- 3 Yr Annualized Total Return 17.9%
- 5 Yr Annualized Total Return 9.8%
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.76%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBMO Mid-Cap Value Fund
-
Fund Family NameBMO Funds
-
Inception DateJan 31, 2008
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Lettenberger
Fund Description
MRVIX - Performance
Return Ranking - Trailing
Period | MRVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -31.8% | -31.8% | 30.1% | 100.00% |
1 Yr | 35.1% | 6.2% | 77.1% | 14.85% |
3 Yr | 17.9%* | 5.0% | 28.7% | 60.44% |
5 Yr | 9.8%* | 3.4% | 17.2% | 65.13% |
10 Yr | 12.6%* | 7.3% | 15.4% | 46.76% |
* Annualized
Return Ranking - Calendar
Period | MRVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 33.0% | -56.4% | 44.9% | 4.51% |
2022 | -1.8% | -49.5% | 626.7% | 72.10% |
2021 | 18.8% | -8.1% | 35.0% | 74.30% |
2020 | -26.2% | -56.9% | -7.2% | 83.81% |
2019 | 9.1% | -62.6% | 24.1% | 39.54% |
Total Return Ranking - Trailing
Period | MRVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -31.8% | -31.8% | 30.1% | 100.00% |
1 Yr | 35.1% | 5.4% | 90.2% | 19.11% |
3 Yr | 17.9%* | -0.8% | 28.7% | 48.35% |
5 Yr | 9.8%* | 3.3% | 17.2% | 57.14% |
10 Yr | 12.6%* | 7.3% | 15.4% | 44.48% |
* Annualized
Total Return Ranking - Calendar
Period | MRVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 33.0% | -57.2% | 41.6% | 3.33% |
2022 | -1.8% | -49.5% | 626.7% | 72.10% |
2021 | 18.8% | -8.1% | 35.0% | 74.30% |
2020 | -26.2% | -32.7% | -4.1% | 87.47% |
2019 | 14.7% | -11.2% | 32.7% | 27.79% |
NAV & Total Return History
MRVIX - Holdings
Concentration Analysis
MRVIX | Category Low | Category High | MRVIX % Rank | |
---|---|---|---|---|
Net Assets | 42 M | 531 K | 32.8 B | 91.82% |
Number of Holdings | 77 | 9 | 2420 | 43.76% |
Net Assets in Top 10 | 7.9 M | 2.07 K | 9.89 B | 80.59% |
Weighting of Top 10 | 19.62% | 5.1% | 100.0% | 65.15% |
Top 10 Holdings
- AutoZone Inc 2.39%
- Equity Lifestyle Properties Inc 2.20%
- The Hartford Financial Services Group Inc 2.03%
- Camden Property Trust 1.99%
- Steel Dynamics Inc 1.91%
- Motorola Solutions Inc 1.91%
- Citizens Financial Group Inc 1.90%
- Republic Services Inc 1.89%
- Evercore Inc A 1.87%
- ON Semiconductor Corp 1.87%
Asset Allocation
Weighting | Return Low | Return High | MRVIX % Rank | |
---|---|---|---|---|
Stocks | 98.42% | 84.10% | 100.03% | 57.03% |
Cash | 1.59% | -0.51% | 15.90% | 41.78% |
Preferred Stocks | 0.00% | 0.00% | 6.70% | 22.77% |
Other | 0.00% | -0.09% | 5.22% | 20.99% |
Convertible Bonds | 0.00% | 0.00% | 0.69% | 20.59% |
Bonds | 0.00% | 0.00% | 6.45% | 23.37% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MRVIX % Rank | |
---|---|---|---|---|
Industrials | 19.07% | 0.00% | 37.11% | 21.98% |
Financial Services | 16.87% | 0.00% | 72.01% | 67.52% |
Consumer Cyclical | 13.68% | 0.00% | 42.08% | 32.08% |
Technology | 12.69% | 0.00% | 38.08% | 17.62% |
Real Estate | 9.29% | 0.00% | 95.45% | 31.29% |
Healthcare | 8.49% | 0.00% | 21.27% | 42.57% |
Energy | 4.90% | 0.00% | 35.70% | 60.79% |
Basic Materials | 4.22% | 0.00% | 22.07% | 65.94% |
Consumer Defense | 4.04% | 0.00% | 37.35% | 73.86% |
Utilities | 3.92% | 0.00% | 33.62% | 72.28% |
Communication Services | 2.82% | 0.00% | 19.55% | 48.91% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MRVIX % Rank | |
---|---|---|---|---|
US | 97.10% | 49.60% | 100.00% | 34.26% |
Non US | 1.32% | 0.00% | 39.88% | 68.91% |
MRVIX - Expenses
Operational Fees
MRVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.01% | 2.78% | 37.60% |
Management Fee | 0.68% | 0.00% | 1.25% | 50.47% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.45% | 66.07% |
Sales Fees
MRVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
MRVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 15.00% |
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.
MRVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 5.00% | 245.00% | 44.58% |
MRVIX - Distributions
Dividend Yield Analysis
MRVIX | Category Low | Category High | MRVIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.41% | 0.00% | 2.74% | 24.55% |
Dividend Distribution Analysis
MRVIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
MRVIX | Category Low | Category High | MRVIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.76% | -1.84% | 4.73% | 55.79% |
Capital Gain Distribution Analysis
MRVIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 21, 2017 | $0.081 | |
Mar 17, 2016 | $0.073 | |
Dec 11, 2014 | $0.044 | |
May 28, 2014 | $0.031 | |
Dec 12, 2013 | $0.096 | |
Dec 06, 2012 | $0.118 | |
Dec 08, 2011 | $0.087 | |
Dec 09, 2010 | $0.084 | |
Dec 10, 2009 | $0.093 | |
Dec 18, 2008 | $0.049 |
MRVIX - Fund Manager Analysis
Managers
Thomas Lettenberger
Start Date
Tenure
Tenure Rank
Oct 04, 2016
5.24
5.2%
Tom is responsible for equity portfolio management and research. He joined BMO Asset Management in 2005. Previously, he served as a vice president and portfolio manager at Columbia Management and as an equity research analyst at William Blair & Company, LLC. He entered the investment industry in 1994. He holds an M.A. in accounting and a B.B.A. in finance and accounting from the University of Michigan. In addition, Tom is a CFA® charterholder, a Certified Public Accountant (CPA) and a member of the CFA Institute and the CFA Society of Chicago.
J.P. Gurnee
Start Date
Tenure
Tenure Rank
Dec 29, 2020
1.01
1.0%
Mr. Gurnee joined BMO Asset Management Corp. in 2018 where he currently serves as a Vice President and Portfolio Manager. Previously, Mr. Gurnee was an analyst at Northern Trust from 2016-2018 and at Calamos Investments from 2014-2016. He is a CFA Charterholder.
Ernesto Ramos
Start Date
Tenure
Tenure Rank
Jun 02, 2021
0.58
0.6%
Ernesto is the managing director of active equities and a portfolio manager at BMO Global Asset Management. He joined the company in 2005. Ernesto began his investment management career in 1992 with Batterymarch Financial Management. He holds a Ph.D. and an M.S. in statistics from Harvard University and a B.S. in mathematics from MIT.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.18 | 7.83 | 10.51 |