BMO ULTRA SHORT TERM US BOND ETF USD UNITSBMO ULTRA SHORT TERM US BOND ETF USD UNITSBMO ULTRA SHORT TERM US BOND ETF USD UNITS

BMO ULTRA SHORT TERM US BOND ETF USD UNITS

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Key stats


Assets under management (AUM)
‪40.24 M‬USD
Fund flows (1Y)
‪11.23 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.05%
Shares outstanding
‪858.00 K‬
Expense ratio
0.16%

About BMO ULTRA SHORT TERM US BOND ETF USD UNITS


Issuer
Bank of Montreal
Brand
BMO
Home page
Inception date
Feb 15, 2019
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Tax on distributions
Ordinary income
The fund provides exposure to US money market instruments and debt securities that include corporate and government bonds. The maturity of the funds investments are limited to one year or less. While it may invest in floating rate instruments, floating rate preferred shares, and other floating rate securities, the rate reset date should be no greater than one year and the term is no more than five years. As an actively managed fund, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Ultra-short term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of July 14, 2023
Exposure type
Bonds, Cash & Other
Corporate
Government
Bonds, Cash & Other100.00%
Corporate88.97%
Government10.81%
Cash0.21%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows