BMO Dividend Income Fund
Data updated: 2022-01-19
C000142373 — BMO Dividend Income Fund. United States Large Cap Value Equity · $211.84M AUM · 0.90% expense ratio. Holdings, fees, performance and SEC filings.
C000142373 Fund Overview
BMO Dividend Income Fund is a US mutual fund managed by Bmo Funds, Inc., categorised as United States Large Cap Value Equity. 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: United States Large Cap Value Equity
- Assets under management: $211.84M
- 1-year return: 26.0%
- SEC CIK: 0000889366
- SEC series ID: S000035433
- Share class ID: C000142373
C000142373 Investment Objective and Strategy
BMO Dividend Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Bmo Funds, Inc..
Investment objective
To provide capital appreciation and current income.
Principal investment strategy
The Fund invests at least 80% of its net assets primarily in dividend paying common stocks of large-sized U.S. companies similar in size, at the time of purchase, to those within the Russell 1000 Value Index. The largest company by market capitalization in the Russell 1000 Value Index was approximately $461.2 billion as of October 31, 2017 and the median market capitalization of companies in the Index as of the same period was $9.1 billion. The Fund may at times focus its investments in one or more sectors. To provide both capital appreciation and current income, the Adviser selects stocks using a unique, value-oriented approach, focusing on companies with dividend yields in excess of 1%, which combines the use of proprietary analytical tools and the qualitative judgments of the investment team.
In general, the Adviser believes companies that are undervalued relative to their fundamentals and exhibit improving investor interest outperform the market over full market cycles. As a result, the Advisers investment process begins by using tools to rank stocks based on expected returns, construct preliminary portfolios with the use of fundamental factors, and manage risk. All purchases and sales of portfolio securities, however, are subjected ultimately to the investment teams qualitative judgments developed from their cumulative investment experience. The entire process is designed to focus on company fundamentals through both quantitative and qualitative analysis to balance return generation with risk management. 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.
C000142373 Performance
Total returns for C000142373 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 26.0% |
| 3 years (annualised) | 15.1% |
C000142373 Risk Information
Risk metrics for C000142373, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.6%
C000142373 Costs and Fees
C000142373 costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 1.02%
- Portfolio turnover: 32%
- Brokerage commissions: 2.70 bps of average net assets (SEC N-CEN)
C000142373 Cashflows
Over the 12 months to 2021-11, BMO Dividend Income Fund had net outflows of $106.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-11 | −$9.26M |
| 2021-10 | −$1.53M |
| 2021-09 | −$315.62K |
| 2021-08 | −$6.64M |
| 2021-07 | −$4.49M |
| 2021-06 | −$11.95M |
C000142373 Debt Constituents
No individual debt constituents are reported in BMO Dividend Income Fund's latest SEC N-PORT filing.
C000142373 Prospectus and SEC Filings
Official BMO Dividend 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 United States Large Cap Value Equity 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.