MRVIX: BMO Mid-Cap Value Fund - MutualFunds.com

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

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

BMO Mid-Cap Value I

MRVIX - Snapshot

Vitals

  • YTD Return -14.8%
  • 3 Yr Annualized Return -3.9%
  • 5 Yr Annualized Return 2.9%
  • Net Assets $39.6 M
  • Holdings in Top 10 17.8%

52 WEEK LOW AND HIGH

$9.42
$5.91
$11.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.01%

SALES FEES

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

BROKERAGE FEES

  • Turnover 50.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare MRVIX to Popular U.S. Mid-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$44.50

-0.71%

$23.82 B

9.08%

$4.07

-11.07%

0.78%

$105.32

-1.12%

$17.89 B

2.29%

$2.44

-11.06%

0.07%

$41.46

-1.14%

$17.89 B

1.42%

$0.60

-11.71%

0.19%

$34.75

-1.31%

$13.06 B

5.86%

$2.06

-12.40%

0.84%

$16.32

-0.61%

$12.24 B

5.21%

$0.86

-5.66%

0.01%

MRVIX - Profile

Distributions

  • YTD Total Return -14.8%
  • 3 Yr Annualized Total Return -3.9%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 1.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    BMO Mid-Cap Value Fund
  • Fund Family Name
    BMO Funds
  • Inception Date
    Jan 31, 2008
  • Shares Outstanding
    4
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Corris

Fund Description

The fund invests at least 80% of its assets in value-oriented common stocks of medium-sized U.S. companies similar in size, at the time of purchase, to those within the Russell Midcap® 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.


MRVIX - Performance

Return Ranking - Trailing

Period MRVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.8% -57.5% 522.4% 71.67%
1 Yr -13.4% -32.4% 6.7% 75.65%
3 Yr -3.9%* -13.4% 7.6% 82.64%
5 Yr 2.9%* -4.5% 12.0% 81.07%
10 Yr 7.4%* 3.3% 11.4% 65.11%

* Annualized

Return Ranking - Calendar

Period MRVIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.8% -8.1% 40.9% 70.00%
2018 -26.2% -56.9% -2.2% 84.96%
2017 9.1% -62.6% 24.5% 37.92%
2016 -14.6% -14.6% 28.1% 99.41%
2015 -15.6% -36.5% 3.4% 71.34%

Total Return Ranking - Trailing

Period MRVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.8% -57.8% 522.4% 71.19%
1 Yr -13.4% -32.4% 6.7% 70.21%
3 Yr -3.9%* -14.3% 7.6% 80.44%
5 Yr 2.9%* -4.8% 12.0% 79.28%
10 Yr 7.4%* 3.3% 11.4% 63.24%

* Annualized

Total Return Ranking - Calendar

Period MRVIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.8% -8.1% 40.9% 70.00%
2018 -26.2% -32.7% -2.2% 87.97%
2017 14.7% -5.1% 26.9% 26.97%
2016 17.3% -2.5% 29.0% 46.04%
2015 -5.9% -29.2% 5.0% 50.16%

NAV & Total Return History


MRVIX - Holdings

Concentration Analysis

MRVIX Category Low Category High MRVIX % Rank
Net Assets 39.6 M 4.48 M 23.8 B 88.24%
Number of Holdings 82 3 2427 50.59%
Net Assets in Top 10 18.9 M 471 K 7.51 B 81.18%
Weighting of Top 10 17.84% 5.4% 100.0% 70.38%

Top 10 Holdings

  1. Ameriprise Financial Inc 1.97%
  2. The Hartford Financial Services Group Inc 1.91%
  3. Zimmer Biomet Holdings Inc 1.90%
  4. ON Semiconductor Corp 1.82%
  5. Regal Beloit Corp 1.80%
  6. Jabil Inc 1.77%
  7. Steel Dynamics Inc 1.75%
  8. Ingredion Inc 1.72%
  9. Steris PLC 1.70%
  10. Steris PLC 1.70%

Asset Allocation

Weighting Return Low Return High MRVIX % Rank
Stocks
98.67% 0.00% 102.12% 53.41%
Cash
1.32% -2.12% 56.69% 46.12%
Preferred Stocks
0.00% 0.00% 6.14% 20.71%
Other
0.00% 0.00% 4.72% 20.00%
Convertible Bonds
0.00% 0.00% 0.02% 17.88%
Bonds
0.00% 0.00% 98.37% 22.82%

Stock Sector Breakdown

Weighting Return Low Return High MRVIX % Rank
Industrials
16.59% 0.00% 28.83% 43.06%
Financial Services
12.74% 0.00% 51.77% 87.53%
Healthcare
11.65% 0.00% 36.22% 27.06%
Consumer Cyclical
10.42% 0.00% 37.44% 70.12%
Real Estate
9.98% 0.00% 35.18% 31.29%
Technology
9.25% 0.00% 28.41% 60.00%
Utilities
8.10% 0.00% 20.49% 34.12%
Consumer Defense
7.79% 0.00% 24.05% 25.65%
Communication Services
6.00% 0.00% 23.09% 17.41%
Basic Materials
4.25% 0.00% 19.91% 65.88%
Energy
3.23% 0.00% 25.35% 50.59%

Stock Geographic Breakdown

Weighting Return Low Return High MRVIX % Rank
US
97.62% 0.00% 100.16% 29.18%
Non US
1.05% 0.00% 62.29% 74.82%

MRVIX - Expenses

Operational Fees

MRVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.01% 0.01% 43.95% 56.17%
Management Fee 0.69% 0.00% 1.25% 45.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.47% 54.39%

Sales Fees

MRVIX 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% 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 50.00% 0.00% 322.00% 51.67%

MRVIX - Distributions

Dividend Yield Analysis

MRVIX Category Low Category High MRVIX % Rank
Dividend Yield 0.00% 0.00% 11.38% 26.59%

Dividend Distribution Analysis

MRVIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

MRVIX Category Low Category High MRVIX % Rank
Net Income Ratio 1.23% -1.03% 4.83% 41.47%

Capital Gain Distribution Analysis

MRVIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Dividend Payout History

View More +

MRVIX - Fund Manager Analysis

Managers

David Corris


Start Date

Tenure

Tenure Rank

Oct 04, 2016

3.99

4.0%

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.

Thomas Lettenberger


Start Date

Tenure

Tenure Rank

Oct 04, 2016

3.99

4.0%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.92 7.49 9.26