BATCX: BMO Core Plus Bond A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

BATCX BMO Core Plus Bond A


Profile

BATCX - Profile

Vitals

  • YTD Return 1.5%
  • 3 Yr Annualized Return 1.1%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $1.1 B
  • Holdings in Top 10 27.6%

52 WEEK LOW AND HIGH

$12.09
$11.30
$12.33

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.58%

SALES FEES

  • Front Load 3.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 51.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Core-Plus Bond

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.24%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BMO Core Plus Bond Fund
  • Fund Family Name
    BMO Funds
  • Inception Date
    May 27, 2014
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Kimball

Fund Description

The fund invests at least 80% of its assets in bonds. The investments include corporate, asset-backed, mortgage-backed and U.S. government securities. Although the fund will invest primarily in securities with a minimum rating in the lowest investment grade category at the time of purchase, it may invest up to 20% of its assets in debt securities that are below investment grade, also known as high yield securities or "junk bonds."


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

BATCX - Performance

Return Ranking - Trailing

Period BATCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -31.4% 945.6% 34.77%
1 Yr 4.3% -25.1% 973.3% 27.54%
3 Yr 1.1%* -10.3% 120.3% 32.12%
5 Yr 0.6%* -5.3% 60.2% 30.26%
10 Yr N/A* -5.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period BATCX Return Category Return Low Category Return High Rank in Category (%)
2019 6.2% -1.7% 18.3% 15.22%
2018 -4.5% -12.4% 0.8% 86.62%
2017 1.9% -6.0% 20.3% 24.23%
2016 3.8% -7.8% 8.6% 2.73%
2015 -5.5% -18.3% 3.0% 96.14%

Total Return Ranking - Trailing

Period BATCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -31.4% 945.6% 34.77%
1 Yr 4.3% -25.1% 973.3% 28.19%
3 Yr 1.1%* -7.5% 120.3% 37.71%
5 Yr 0.7%* -5.3% 60.2% 35.51%
10 Yr N/A* -5.1% 6.8% N/A

* Annualized

Total Return Ranking - Calendar

Period BATCX Return Category Return Low Category Return High Rank in Category (%)
2019 6.2% -1.7% 18.3% 15.77%
2018 -4.5% -11.7% 3.1% 89.17%
2017 2.0% -6.0% 27.0% 33.29%
2016 4.1% -7.8% 10.7% 5.92%
2015 -5.4% -14.2% 4.2% 97.17%

NAV & Total Return History


Holdings

BATCX - Holdings

Concentration Analysis

BATCX Category Low Category High BATCX % Rank
Net Assets 1.1 B 634 K 264 B 37.34%
Number of Holdings 216 1 17920 61.67%
Net Assets in Top 10 289 M -587 M 20.8 B 27.64%
Weighting of Top 10 27.57% 2.3% 100.0% 32.49%

Top 10 Holdings

  1. United States Treasury Notes 2.75% 4.27%
  2. United States Treasury Notes 1.5% 4.01%
  3. United States Treasury Bonds 2.88% 2.62%
  4. United States Treasury Notes 2% 2.58%
  5. United States Treasury Notes 2% 2.57%
  6. Federal National Mortgage Association 3.5% 2.39%
  7. Federal National Mortgage Association 3% 2.36%
  8. Federal National Mortgage Association 3% 2.36%
  9. Federal Home Loan Banks 3% 2.35%
  10. Federal National Mortgage Association 2.5% 2.06%

Asset Allocation

Weighting Return Low Return High BATCX % Rank
Bonds
97.56% 71.08% 159.74% 44.32%
Cash
1.95% -59.74% 27.48% 50.39%
Convertible Bonds
0.49% 0.00% 7.31% 40.48%
Stocks
0.00% -0.38% 18.10% 77.82%
Preferred Stocks
0.00% 0.00% 9.11% 81.17%
Other
0.00% -27.60% 31.83% 75.07%

Bond Sector Breakdown

Weighting Return Low Return High BATCX % Rank
Securitized
41.41% 0.00% 98.72% 14.21%
Corporate
33.12% 0.00% 99.41% 25.07%
Government
22.10% -2.21% 100.00% 27.64%
Cash & Equivalents
3.35% -26.49% 24.02% 39.81%
Municipal
0.03% 0.00% 100.11% 76.80%
Derivative
0.00% -0.83% 31.72% 79.69%

Bond Geographic Breakdown

Weighting Return Low Return High BATCX % Rank
US
90.77% 58.40% 156.78% 55.99%
Non US
6.79% -38.91% 29.50% 38.22%

Expenses

BATCX - Expenses

Operational Fees

BATCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.01% 34.57% 70.43%
Management Fee 0.13% 0.00% 1.25% 5.38%
12b-1 Fee 0.25% 0.00% 1.00% 51.95%
Administrative Fee 0.15% 0.00% 0.50% 83.32%

Sales Fees

BATCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.50% 0.50% 5.75% 56.60%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

BATCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

BATCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.00% 0.00% 489.00% 56.58%

Distributions

BATCX - Distributions

Dividend Yield Analysis

BATCX Category Low Category High BATCX % Rank
Dividend Yield 0.00% 0.00% 6.20% 82.05%

Dividend Distribution Analysis

BATCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

BATCX Category Low Category High BATCX % Rank
Net Income Ratio 3.24% -0.71% 6.02% 13.81%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

BATCX - Fund Manager Analysis

Managers

Scott Kimball


Start Date

Tenure

Tenure Rank

Feb 17, 2012

8.21

8.2%

Scott is responsible for the firm’s investment policy and strategy and manages client portfolios. He joined BMO Global Asset Management in 2007 and served as a research analyst prior to joining the portfolio management team in 2011. Previously, Scott held positions at Merrill Lynch and other boutique investment firms. Scott holds an M.B.A. from the University of Miami and a B.A. in international business from Stetson University. He is also a CFA® charterholder.

Frank Reda


Start Date

Tenure

Tenure Rank

Dec 29, 2015

4.34

4.3%

Frank is responsible for the firm’s investment policy and strategy and manages client portfolios. As head of trading, he oversees trading and broker relationship management. He joined the team in 2001. Frank holds an M.S. in finance from Florida International University and a B.S. in economics and finance from Barry University. He was awarded the Chartered Market Technician (CMT) designation in 2011.

Janelle Woodward


Start Date

Tenure

Tenure Rank

Dec 29, 2015

4.34

4.3%

Janelle is the Global Head of Fixed Income and portfolio manager. She develops and oversees BMO’s fixed income solutions globally and is responsible for investment policy and strategy. Prior to joining the firm, she was an assistant vice president at Ashton Partners. Janelle holds an M.B.A. from the Kellogg School of Management of Northwestern University and a B.S. in business systems from Taylor University. She is also a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.44 7.42 0.33