MRSNX: BMO Small-Cap Value I

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MRSNX BMO Small-Cap Value I


Profile

MRSNX - Profile

Vitals

  • YTD Return -23.7%
  • 3 Yr Annualized Return -11.4%
  • 5 Yr Annualized Return -4.8%
  • Net Assets $50.4 M
  • Holdings in Top 10 12.1%

52 WEEK LOW AND HIGH

$9.80
$6.93
$12.96

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 67.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -23.7%
  • 3 Yr Annualized Total Return -9.0%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    BMO Small-Cap Value Fund
  • Fund Family Name
    BMO Funds
  • Inception Date
    Feb 28, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Lettenberger

Fund Description

The fund invests at least 80% of its assets in value-oriented common stocks of small-sized U.S. companies similar in size, at the time of purchase, to those within the Russell 2000® Value Index. The Adviser selects stocks using a unique, value-oriented approach focusing on high quality companies with long-term capital appreciation potential that are available at reasonable prices, which combines the use of proprietary analytical tools and the qualitative judgments of the investment team.


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Categories

Performance

MRSNX - Performance

Return Ranking - Trailing

Period MRSNX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.7% -43.5% 262.2% 65.69%
1 Yr -19.2% -48.1% 296.9% 53.88%
3 Yr -11.4%* -33.0% 55.1% 39.18%
5 Yr -4.8%* -26.1% 35.0% 52.45%
10 Yr N/A* -16.0% 19.4% N/A

* Annualized

Return Ranking - Calendar

Period MRSNX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% -21.7% 34.0% 47.69%
2018 -21.9% -48.1% 5.1% 31.90%
2017 1.0% -28.5% 26.3% 52.97%
2016 11.0% -2.4% 54.4% 94.93%
2015 -8.9% -36.0% 2.5% 30.79%

Total Return Ranking - Trailing

Period MRSNX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.7% -43.5% 262.2% 65.69%
1 Yr -19.2% -48.1% 296.9% 53.88%
3 Yr -9.0%* -25.3% 55.1% 49.32%
5 Yr -0.5%* -14.2% 35.0% 45.09%
10 Yr N/A* -8.2% 19.4% N/A

* Annualized

Total Return Ranking - Calendar

Period MRSNX Return Category Return Low Category Return High Rank in Category (%)
2019 18.4% -21.7% 34.0% 47.69%
2018 -21.9% -48.1% 5.1% 56.57%
2017 9.2% -28.5% 26.3% 38.53%
2016 23.2% -0.8% 54.4% 58.81%
2015 -5.1% -36.0% 3.0% 33.97%

NAV & Total Return History


Holdings

MRSNX - Holdings

Concentration Analysis

MRSNX Category Low Category High MRSNX % Rank
Net Assets 50.4 M 6.28 K 28.5 B 83.50%
Number of Holdings 171 17 1550 29.61%
Net Assets in Top 10 5.47 M 179 K 1.82 B 85.44%
Weighting of Top 10 12.11% 4.5% 63.1% 78.43%

Top 10 Holdings

  1. BMO Institutional Prime MMkt Prem 1.59%
  2. Boise Cascade Co 1.27%
  3. Lexington Realty Trust 1.24%
  4. Meritage Homes Corp 1.23%
  5. K12 Inc 1.20%
  6. Portland General Electric Co 1.20%
  7. Stifel Financial Corp 1.19%
  8. Stepan Co 1.11%
  9. American Equity Investment Life Holding Co 1.04%
  10. Vishay Intertechnology Inc 1.03%

Asset Allocation

Weighting Return Low Return High MRSNX % Rank
Stocks
98.42% 80.23% 101.47% 47.09%
Cash
1.59% -49.97% 19.71% 50.24%
Preferred Stocks
0.00% 0.00% 1.46% 80.10%
Other
0.00% -4.04% 15.03% 76.46%
Convertible Bonds
0.00% 0.00% 3.75% 79.13%
Bonds
0.00% 0.00% 31.34% 80.58%

Stock Sector Breakdown

Weighting Return Low Return High MRSNX % Rank
Financial Services
25.92% 0.00% 37.80% 40.53%
Industrials
17.62% 0.00% 43.19% 69.17%
Technology
11.18% 0.00% 35.54% 41.99%
Consumer Cyclical
10.85% 0.00% 46.81% 70.87%
Healthcare
9.13% 0.00% 23.00% 6.55%
Real Estate
8.95% 0.00% 17.84% 43.93%
Basic Materials
5.16% 0.00% 14.80% 49.27%
Utilities
4.79% 0.00% 14.43% 26.94%
Consumer Defense
4.56% 0.00% 15.57% 41.50%
Energy
1.85% 0.00% 93.48% 81.80%
Communication Services
0.00% 0.00% 10.59% 98.06%

Stock Geographic Breakdown

Weighting Return Low Return High MRSNX % Rank
US
97.52% 80.23% 101.23% 27.67%
Non US
0.90% 0.00% 13.19% 71.36%

Expenses

MRSNX - Expenses

Operational Fees

MRSNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.05% 15.49% 62.41%
Management Fee 0.69% 0.05% 1.49% 21.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.47% 72.97%

Sales Fees

MRSNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MRSNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 26.76%

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.

MRSNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 67.00% 5.00% 534.00% 54.48%

Distributions

MRSNX - Distributions

Dividend Yield Analysis

MRSNX Category Low Category High MRSNX % Rank
Dividend Yield 0.00% 0.00% 27.90% 80.83%

Dividend Distribution Analysis

MRSNX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

MRSNX Category Low Category High MRSNX % Rank
Net Income Ratio 0.89% -1.67% 2.73% 37.75%

Capital Gain Distribution Analysis

MRSNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MRSNX - Fund Manager Analysis

Managers

Thomas Lettenberger


Start Date

Tenure

Tenure Rank

Oct 04, 2016

3.91

3.9%

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.

David Corris


Start Date

Tenure

Tenure Rank

Oct 04, 2016

3.91

3.9%

David heads the BMO Disciplined Equity Team and is responsible for equity portfolio management and research. He joined the company in 2008. David began his investment management career in 1999, and was a quantitative equity portfolio manager/researcher at Northern Trust Global Investments. He holds an M.B.A. from Harvard Business School and a B.S. in mathematics and quantitative economics from the University of Wisconsin. In addition, he is a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.7 7.15 0.67