BMO Ultra Short Tax-Free Class YMUYSX

10.09
0.00 / 0.00%
10.05 - 10.10+2.82
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Sep 19 2014.

Total returns on $10,000

As of Aug 31 2014.Fund performance

Objective

The investment seeks to provide current income exempt from federal income tax consistent with preservation of capital. Under normal circumstances, the fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax (including the federal alternative minimum tax (AMT)). It normally maintains an average dollar-weighted effective maturity of one year or less. The fund invests primarily in municipal securities within the investment grade category (i.e., rated BBB or Baa, or higher, or unrated and considered by the Adviser to be comparable in quality) at the time of purchase.

Profile

Fund typeOpen Ended Investment Company
Investment style (bonds)
Credit Quality: Mid
Interest-Rate Sensitivity: Ltd
Morningstar categoryMuni National Short
Launch date30/09/2009
Price currencyUSD
DomicileUnited States
SymbolMUYSX
Manager & start date
Duane McAllister
30/09/2009
Craig Mauermann
30/09/2009
Erik Schleicher
27/12/2013

Investment

Pricing frequencyDaily
Total net assets
67.61m USDAs of Aug 31 2014
Net expense ratio0.56%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment1,000.00 USD
Min. additional investment50.00 USD
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
80.01%
Cash
26.10%
Non-US bond
0.00%
Non-US stock
0.00%
US stock
0.00%
Other
-6.10%

Top 5 sectors

Municipal Tax-Exempt
79.96%
Cash & Equivalents
26.10%
Municipal Taxable
0.05%

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Chicago Ill Go Bds--1.91%
Idaho Hsg & Fin Assn--1.53%
Port Port Arthur Tex Nav Dist--1.53%
Madison Cnty Fla Hosp Dist 2%--1.53%
Baltimore Md Rev Custody R--1.53%
Data delayed at least 15 minutes, as of Jul 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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