BMO Short-Term Income A
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.9%
1 yr return
-0.2%
3 Yr Avg Return
2.4%
5 Yr Avg Return
1.9%
Net Assets
$194 M
Holdings in Top 10
14.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.60%
SALES FEES
Front Load 2.00%
Deferred Load N/A
TRADING FEES
Turnover 53.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BTMAX - Profile
Distributions
- YTD Total Return -1.9%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.15%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBMO Short-Term Income Fund
-
Fund Family NameBMO Funds
-
Inception DateMay 27, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBoyd Eager
Fund Description
BTMAX - Performance
Return Ranking - Trailing
Period | BTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -18.7% | 94.6% | 71.85% |
1 Yr | -0.2% | -3.0% | 9.5% | 60.13% |
3 Yr | 2.4%* | 0.5% | 8.2% | 79.69% |
5 Yr | 1.9%* | 0.3% | 6.7% | 72.32% |
10 Yr | 1.8%* | 0.2% | 4.5% | 63.44% |
* Annualized
Return Ranking - Calendar
Period | BTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.3% | -23.0% | 206.3% | 71.45% |
2022 | 1.8% | -74.0% | 9.3% | 55.24% |
2021 | -0.9% | -50.6% | 1.0% | 32.37% |
2020 | -0.1% | -2.6% | 9.2% | 51.89% |
2019 | 0.5% | -65.8% | 10.9% | 32.13% |
Total Return Ranking - Trailing
Period | BTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -18.7% | 95.3% | 71.52% |
1 Yr | -2.2% | -7.5% | 9.5% | 89.54% |
3 Yr | 1.7%* | -1.0% | 8.2% | 92.60% |
5 Yr | 1.5%* | -0.5% | 6.7% | 84.13% |
10 Yr | 1.6%* | 0.1% | 4.5% | 73.58% |
* Annualized
Total Return Ranking - Calendar
Period | BTMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.3% | -23.0% | 206.3% | 71.45% |
2022 | 1.8% | -74.0% | 9.3% | 57.73% |
2021 | -0.9% | -5.0% | 6.5% | 41.23% |
2020 | -0.1% | -2.6% | 20.5% | 58.82% |
2019 | 0.5% | -65.2% | 13.2% | 44.49% |
NAV & Total Return History
BTMAX - Holdings
Concentration Analysis
BTMAX | Category Low | Category High | BTMAX % Rank | |
---|---|---|---|---|
Net Assets | 194 M | 1.26 M | 78.7 B | 75.80% |
Number of Holdings | 202 | 2 | 5052 | 72.60% |
Net Assets in Top 10 | 36 M | 7.78 K | 12.6 B | 77.24% |
Weighting of Top 10 | 14.90% | 2.3% | 100.0% | 74.53% |
Top 10 Holdings
- BMO Government Money Market Premier 3.48%
- United States Treasury Notes 1.38% 1.77%
- United States Treasury Notes 0.125% 1.64%
- United States Treasury Notes 0.25% 1.61%
- United States Treasury Notes 0.375% 1.36%
- Federal Home Loan Mortgage Corporation 1.25% 1.34%
- HARLEY-DAVIDSON MOTORCYCLE TRUST 0.37% 1.23%
- United States Treasury Notes 0.25% 1.23%
- Federal National Mortgage Association 3% 1.16%
- United States Treasury Notes 0.125% 1.08%
Asset Allocation
Weighting | Return Low | Return High | BTMAX % Rank | |
---|---|---|---|---|
Bonds | 91.40% | 0.00% | 132.06% | 65.76% |
Cash | 4.79% | -48.14% | 42.67% | 44.23% |
Convertible Bonds | 3.81% | 0.00% | 23.67% | 24.68% |
Stocks | 0.00% | 0.00% | 97.29% | 26.56% |
Preferred Stocks | 0.00% | 0.00% | 22.74% | 56.57% |
Other | 0.00% | -1.87% | 22.16% | 46.31% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BTMAX % Rank | |
---|---|---|---|---|
Corporate | 48.83% | 0.00% | 100.00% | 35.26% |
Securitized | 28.24% | 0.00% | 99.44% | 38.94% |
Government | 18.15% | 0.00% | 78.31% | 47.76% |
Cash & Equivalents | 4.79% | 0.00% | 57.44% | 50.48% |
Derivative | 0.00% | 0.00% | 19.25% | 53.53% |
Municipal | 0.00% | 0.00% | 91.00% | 75.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BTMAX % Rank | |
---|---|---|---|---|
US | 86.90% | -7.18% | 111.54% | 20.19% |
Non US | 4.50% | 0.00% | 97.29% | 91.51% |
BTMAX - Expenses
Operational Fees
BTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.60% | 0.02% | 2.47% | 50.24% |
Management Fee | 0.19% | 0.00% | 1.19% | 15.87% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 28.05% |
Administrative Fee | 0.15% | 0.01% | 0.50% | 70.45% |
Sales Fees
BTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.00% | 0.00% | 5.75% | 78.95% |
Deferred Load | N/A | 0.50% | 5.00% | N/A |
Trading Fees
BTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
BTMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 53.00% | 0.00% | 496.37% | 32.34% |
BTMAX - Distributions
Dividend Yield Analysis
BTMAX | Category Low | Category High | BTMAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.88% | 0.00% | 1.42% | 7.95% |
Dividend Distribution Analysis
BTMAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BTMAX | Category Low | Category High | BTMAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.15% | -1.27% | 65.00% | 70.16% |
Capital Gain Distribution Analysis
BTMAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 28, 2019 | $0.018 | |
May 31, 2019 | $0.019 | |
Apr 30, 2019 | $0.018 | |
Mar 29, 2019 | $0.019 | |
Feb 28, 2019 | $0.019 | |
Jan 31, 2019 | $0.018 | |
Dec 31, 2018 | $0.018 | |
Nov 30, 2018 | $0.018 | |
Oct 31, 2018 | $0.018 | |
Sep 28, 2018 | $0.017 | |
Aug 31, 2018 | $0.017 | |
Jul 31, 2018 | $0.016 | |
Jun 29, 2018 | $0.016 | |
May 31, 2018 | $0.016 | |
Apr 30, 2018 | $0.015 | |
Mar 29, 2018 | $0.015 | |
Feb 28, 2018 | $0.014 | |
Jan 31, 2018 | $0.013 | |
Dec 29, 2017 | $0.013 | |
Nov 30, 2017 | $0.013 | |
Oct 31, 2017 | $0.013 | |
Sep 29, 2017 | $0.013 | |
Aug 31, 2017 | $0.013 | |
Jul 31, 2017 | $0.013 | |
Jun 30, 2017 | $0.013 | |
May 31, 2017 | $0.013 | |
Apr 28, 2017 | $0.012 | |
Mar 31, 2017 | $0.012 | |
Feb 28, 2017 | $0.012 | |
Jan 31, 2017 | $0.012 | |
Dec 30, 2016 | $0.012 | |
Nov 30, 2016 | $0.012 | |
Oct 31, 2016 | $0.012 | |
Sep 30, 2016 | $0.011 | |
Aug 31, 2016 | $0.010 | |
Jul 29, 2016 | $0.010 | |
Jun 30, 2016 | $0.009 | |
May 31, 2016 | $0.009 | |
Apr 29, 2016 | $0.009 | |
Mar 31, 2016 | $0.008 | |
Feb 29, 2016 | $0.008 | |
Jan 29, 2016 | $0.008 | |
Dec 31, 2015 | $0.008 | |
Nov 30, 2015 | $0.008 | |
Oct 30, 2015 | $0.008 | |
Sep 30, 2015 | $0.008 | |
Aug 31, 2015 | $0.008 | |
Jul 31, 2015 | $0.008 | |
Jun 30, 2015 | $0.008 | |
May 29, 2015 | $0.009 | |
Apr 30, 2015 | $0.010 | |
Mar 31, 2015 | $0.009 | |
Feb 27, 2015 | $0.010 | |
Jan 30, 2015 | $0.009 | |
Dec 31, 2014 | $0.010 | |
Nov 28, 2014 | $0.010 | |
Oct 31, 2014 | $0.010 | |
Sep 30, 2014 | $0.010 | |
Aug 29, 2014 | $0.010 | |
Jul 31, 2014 | $0.010 | |
Jun 30, 2014 | $0.009 | |
May 30, 2014 | $0.001 |
BTMAX - Fund Manager Analysis
Managers
Boyd Eager
Start Date
Tenure
Tenure Rank
Feb 17, 2012
9.79
9.8%
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.
Don McConnell
Start Date
Tenure
Tenure Rank
Dec 27, 2019
1.93
1.9%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 28.27 | 5.82 | 1.92 |