Continue to site >
Trending ETFs

Name

As of 01/21/2022

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

$12.97

$218 M

1.79%

$0.23

0.65%

Vitals

YTD Return

-25.9%

1 yr return

29.2%

3 Yr Avg Return

17.3%

5 Yr Avg Return

13.5%

Net Assets

$218 M

Holdings in Top 10

27.7%

52 WEEK LOW AND HIGH

$13.0
$12.97
$19.24

Expenses

OPERATING FEES

Expense Ratio 0.65%

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 01/21/2022

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

$12.97

$218 M

1.79%

$0.23

0.65%

MDIVX - Profile

Distributions

  • YTD Total Return -25.9%
  • 3 Yr Annualized Total Return 17.3%
  • 5 Yr Annualized Total Return 13.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    BMO Dividend Income Fund
  • Fund Family Name
    BMO Funds
  • Inception Date
    Dec 29, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kenneth Conrad

Fund Description

The Fund invests at least 80% of its net assets primarily in dividend paying common stocks of large-sized U.S. companies similar in size, at the time of purchase, to those within the Russell 1000® Value Index. The largest company by market capitalization in the Russell 1000® Value Index was approximately $1.97 trillion as of October 31, 2021 and the median market capitalization of companies in the Index as of the same period was $13.9 billion. The Fund may at times focus its investments in one or more sectors.
To provide both capital appreciation and current income, Columbia selects stocks using a unique, value-oriented approach, focusing on companies with dividend yields in excess of 1%, which combines the use of proprietary analytical 
tools and the qualitative judgments of the investment team. In general, Columbia believes companies that are undervalued relative to their fundamentals and exhibit improving investor interest outperform the market over full market cycles. As a result, Columbia’s investment process begins by using tools to rank stocks based on expected returns, construct preliminary portfolios with the use of fundamental factors, and manage risk. Columbia also integrates environmental, social, and governance (ESG) considerations into its investment process. All purchases and sales of portfolio securities, however, are subjected ultimately to the investment team’s qualitative judgments developed from their cumulative investment experience. The entire process is designed to focus on company fundamentals through both quantitative and qualitative analysis to balance return generation with risk management. 
From time to time, the Fund maintains a portion of its assets in cash. The Fund may increase its cash holdings in response to market conditions or in the event attractive investment opportunities are not available. 
Read More

MDIVX - Performance

Return Ranking - Trailing

Period MDIVX Return Category Return Low Category Return High Rank in Category (%)
YTD -25.9% -34.3% 31.9% 99.86%
1 Yr 29.2% -11.4% 77.8% 24.61%
3 Yr 17.3%* -1.8% 33.0% 54.19%
5 Yr 13.5%* 1.7% 18.7% 19.02%
10 Yr 13.2%* 2.2% 18.7% 26.57%

* Annualized

Return Ranking - Calendar

Period MDIVX Return Category Return Low Category Return High Rank in Category (%)
2023 14.6% -87.2% 57.5% 55.92%
2022 -1.5% -26.7% 285.0% 60.71%
2021 20.6% -32.1% 76.3% 38.30%
2020 -10.3% -62.4% 20.6% 14.11%
2019 6.3% -72.0% 37.9% 66.06%

Total Return Ranking - Trailing

Period MDIVX Return Category Return Low Category Return High Rank in Category (%)
YTD -25.9% -34.3% 31.9% 99.86%
1 Yr 29.2% -11.4% 86.0% 26.12%
3 Yr 17.3%* -1.8% 33.0% 42.79%
5 Yr 13.5%* 1.3% 18.7% 17.21%
10 Yr 13.2%* 2.0% 18.7% 24.88%

* Annualized

Total Return Ranking - Calendar

Period MDIVX Return Category Return Low Category Return High Rank in Category (%)
2023 14.6% -87.3% 57.5% 55.85%
2022 -1.5% -26.7% 285.0% 60.73%
2021 20.6% -32.1% 76.3% 38.28%
2020 -10.3% -37.1% 20.6% 44.44%
2019 20.5% -9.5% 37.9% 6.97%

NAV & Total Return History


MDIVX - Holdings

Concentration Analysis

MDIVX Category Low Category High MDIVX % Rank
Net Assets 218 M 308 K 140 B 78.20%
Number of Holdings 74 2 1635 46.21%
Net Assets in Top 10 57.3 M 1.44 K 31.3 B 62.58%
Weighting of Top 10 27.66% 4.9% 100.0% 53.92%

Top 10 Holdings

  1. Microsoft Corp 4.09%
  2. Broadcom Inc 3.19%
  3. Johnson & Johnson 3.07%
  4. Qualcomm Inc 3.04%
  5. Cisco Systems Inc 2.77%
  6. Comcast Corp Class A 2.72%
  7. Lowe's Companies Inc 2.70%
  8. Morgan Stanley 2.34%
  9. The AES Corp 2.32%
  10. Goldman Sachs Group Inc 2.27%

Asset Allocation

Weighting Return Low Return High MDIVX % Rank
Stocks
99.99% 51.79% 149.47% 22.31%
Cash
0.01% -43.33% 21.47% 72.44%
Preferred Stocks
0.00% 0.00% 29.82% 18.58%
Other
0.00% -6.14% 26.80% 14.03%
Convertible Bonds
0.00% 0.00% 9.12% 12.77%
Bonds
0.00% 0.00% 30.30% 16.18%

Stock Sector Breakdown

Weighting Return Low Return High MDIVX % Rank
Technology
26.13% 0.00% 54.02% 3.61%
Financial Services
14.53% 0.00% 50.77% 80.53%
Healthcare
11.97% 0.00% 37.28% 78.88%
Industrials
11.62% 0.00% 46.75% 52.89%
Consumer Cyclical
7.16% 0.00% 25.20% 46.23%
Consumer Defense
6.68% 0.00% 38.15% 69.18%
Communication Services
6.26% 0.00% 26.17% 46.48%
Energy
5.47% 0.00% 31.41% 50.98%
Real Estate
4.13% 0.00% 92.75% 30.75%
Basic Materials
3.27% 0.00% 26.85% 52.00%
Utilities
2.76% 0.00% 32.19% 70.07%

Stock Geographic Breakdown

Weighting Return Low Return High MDIVX % Rank
US
98.73% 26.40% 146.37% 19.79%
Non US
1.26% 0.00% 45.02% 70.23%

MDIVX - Expenses

Operational Fees

MDIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.01% 4.02% 58.16%
Management Fee 0.50% 0.00% 1.69% 35.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.50% 65.48%

Sales Fees

MDIVX 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 0.95% 5.50% N/A

Trading Fees

MDIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 25.64%

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.

MDIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 488.00% 50.66%

MDIVX - Distributions

Dividend Yield Analysis

MDIVX Category Low Category High MDIVX % Rank
Dividend Yield 1.79% 0.00% 2.60% 17.75%

Dividend Distribution Analysis

MDIVX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

MDIVX Category Low Category High MDIVX % Rank
Net Income Ratio 1.89% -1.98% 5.38% 26.14%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MDIVX - Fund Manager Analysis

Managers

Kenneth Conrad


Start Date

Tenure

Tenure Rank

Apr 09, 2013

8.73

8.7%

Kenneth Conrad, PhD, CFA Director and Portfolio Manager Ken joined BMO Asset Management in 2008 with responsibility for both BMO Dividend Income and Tax-Efficient Portfolio (TEP) strategies. Ken began his investment career in 2000 working with Comsys and PulseMetrics as a consultant to NASDAQ. He joined BMO Asset Management U.S. through an acquisition and started with the predecessor firm in 2008. Previously, Ken was a Quantitative Analyst for MEMBERS Capital Advisors from 2005 through 2007, where he supported equity and fixed income mutual funds. Ken holds a BA in Economics from Pomona College and an MS in Operations Research and a Ph.D. in Economics from George Mason University. In addition, Ken holds the Chartered Financial Analyst® (CFA) designation and an active member of the CFA Society of Madison.

Casey Sambs


Start Date

Tenure

Tenure Rank

Apr 09, 2013

8.73

8.7%

Casey is responsible for equity portfolio management and research. Prior to his current role, Casey worked as an analyst supporting a number of investment strategies. He began his career in the investment industry in 2001 with the Investor Services Department. He holds an M.B.A. from the University of Wisconsin–Madison and a B.S. in finance and economics from the University of Wisconsin–La Crosse. In addition, Casey is a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 86.18 7.36 16.01