C000080028 Performance — BMO Ultra Short Tax-Free Fund, Class I
Data updated: 2022-01-19
C000080028 returned +0.57% over one year to Nov 2021. Over one year the fund trailed its Trading - Leveraged category average: $100 grew to $101, against $108 for the category. Volatility over the past 12 months was 0.30% a year. In the 12 months to Nov 2021 the fund lost a net $44.4M, and assets reached $546.44M.
C000080028 Growth of $100
What $100 invested in BMO Ultra Short Tax-Free Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | C000080028 | Category average |
|---|---|---|
| 1 year (Dec 2020 – Nov 2021) | $101 | $108 |
| Since data start (Sep 2019 – Nov 2021) | $102 | $116 |
C000080028 Trailing Returns
Total returns to Nov 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.57% |
| 3 years (annualised) | +0.92% |
C000080028 Annual Returns
Calendar-year total returns of BMO Ultra Short Tax-Free Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–Nov) | +0.41% |
| 2020 | +1.26% |
| 2019 (Sep–Dec) | +0.40% |
C000080028 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | +0.1% | 0.0% | +0.1% | +0.1% | +0.1% | −0.1% | +0.1% | −0.1% | −0.1% | 0.0% | 0.0% | — |
| 2020 | +0.2% | +0.2% | −0.5% | −0.4% | +0.6% | +0.4% | +0.2% | +0.1% | +0.1% | 0.0% | +0.3% | +0.2% |
| 2019 | — | — | — | — | — | — | — | — | 0.0% | +0.1% | +0.1% | +0.1% |
C000080028 Risk
Risk measures from monthly returns over Dec 2020 – Nov 2021.
- 1-year volatility (annualised): 0.30%
- Best month: +0.16% (Dec 2020)
- Worst month: −0.06% (Aug 2021)
C000080028 Fund Flows
Monthly money in and out of BMO Ultra Short Tax-Free Fund, from SEC Form N-PORT.
- 12-month net flow: −$44.4M
- 12-month gross sales (incl. reinvestments): $473.2M
- Sales ÷ redemptions: 0.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2021 | $48.2M | $83.5M | −$35.4M |
| Oct 2021 | $24.5M | $19.3M | $5.2M |
| Sep 2021 | $33.8M | $33.2M | $570K |
| Aug 2021 | $64.8M | $57.5M | $7.3M |
| Jul 2021 | $41.2M | $15.0M | $26.2M |
| Jun 2021 | $63.4M | $39.2M | $24.2M |
| May 2021 | $17.4M | $32.0M | −$14.6M |
| Apr 2021 | $26.7M | $44.4M | −$17.6M |
| Mar 2021 | $24.4M | $33.5M | −$9.1M |
| Feb 2021 | $31.2M | $47.4M | −$16.2M |
| Jan 2021 | $57.6M | $33.2M | $24.4M |
| Dec 2020 | $39.9M | $79.2M | −$39.3M |
C000080028 Assets Under Management
Net assets of BMO Ultra Short Tax-Free Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2021-11-30 | $546.44M |
| 2021-08-31 | $576.74M |
| 2021-05-31 | $519.32M |
| 2021-02-28 | $560.38M |
| 2020-11-30 | $590.77M |
| 2020-08-31 | $535.04M |
| 2020-05-31 | $533.76M |
| 2020-02-29 | $555.78M |
| 2019-11-30 | $589.99M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.