BMO TCH Corporate Income Fund
Data updated: 2022-01-19
C000071041 — BMO TCH Corporate Income Fund. Corporate Bond · $338.70M AUM · 0.41% expense ratio. Holdings, fees, performance and SEC filings.
C000071041 Fund Overview
BMO TCH Corporate Income Fund is a US mutual fund managed by Bmo Funds, Inc., categorised as Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Bmo Funds, Inc.
- Category: Corporate Bond
- Assets under management: $338.70M
- 1-year return: 0.1%
- SEC CIK: 0000889366
- SEC series ID: S000024209
- Share class ID: C000071041
C000071041 Investment Objective and Strategy
BMO TCH Corporate Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Bmo Funds, Inc..
Investment objective
To maximize total return consistent with current income.
Principal investment strategy
The Fund invests at least 80% of its assets in corporate debt securities, including convertible debt securities. Although the Fund will invest primarily in U.S. dollar denominated securities with a minimum rating in the lowest investment grade category (i.e., rated BBB by Standard & Poors or Baa by Moodys Investors Service, or higher, or unrated and considered by the sub-adviser to be comparable in quality) at the time of purchase, the Fund 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, and non-U.S. dollar denominated foreign debt securities. The Fund also may invest in U.S. government securities, asset-backed and mortgage-backed securities, and U.S. dollar denominated foreign debt securities. The Funds sub-adviser is Taplin, Canida & Habacht, LLC (TCH), an affiliate of the Adviser.
TCH uses macroeconomic, credit, and market analysis to select portfolio securities. The Fund normally maintains an average dollar-weighted effective maturity of three to fifteen years. Effective maturity takes into account the possibility that a bond may have prepayments or may be called by the issuer before its maturity date. 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.
C000071041 Performance
Total returns for C000071041 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.1% |
| 3 years (annualised) | 4.9% |
C000071041 Risk Information
Risk metrics for C000071041, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
C000071041 Costs and Fees
C000071041 costs about $41 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.41%
- Gross expense ratio: 0.41%
- Portfolio turnover: 42%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000071041 Cashflows
Over the 12 months to 2021-11, BMO TCH Corporate Income Fund had net outflows of $60.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-11 | −$39.29M |
| 2021-10 | −$35.95M |
| 2021-09 | −$10.07M |
| 2021-08 | $7.69M |
| 2021-07 | −$4.17M |
| 2021-06 | −$36.11M |
C000071041 Debt Constituents
No individual debt constituents are reported in BMO TCH Corporate Income Fund's latest SEC N-PORT filing.
C000071041 Prospectus and SEC Filings
Official BMO TCH Corporate Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-12-22
- Prospectus (485BPOS) — filed 2020-12-23
- Prospectus (485BPOS) — filed 2020-01-16
- Portfolio holdings (N-PORT) — filed 2022-01-19
- Portfolio holdings (N-PORT) — filed 2021-10-20
- Portfolio holdings (N-PORT) — filed 2021-07-26
- Annual census (N-CEN) — filed 2021-11-09
- Annual census (N-CEN) — filed 2020-11-10
Related Funds
Other Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.