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BMO Preferred Share Fund Series A

Preferred Sh Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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NAVPS
(04-17-2024)
$7.46
Change
$0.00 (0.03%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

BMO Preferred Share Fund Series A

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Fund Returns

Inception Return (August 12, 2013): 0.38%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.88% 9.40% 15.92% 9.40% 12.22% -2.80% -0.54% 10.55% 2.44% 0.14% 0.37% 2.49% 0.45% 0.21%
Benchmark 3.47% 9.62% 17.59% 9.62% 13.52% -1.22% 1.41% 11.77% 4.28% 2.35% 2.80% 5.01% 2.49% 2.13%
Category Average 3.15% 15.84% 15.84% 8.36% 13.77% -0.57% 1.63% 11.73% 4.43% 2.49% 2.74% 4.97% 2.86% 2.71%
Category Rank 54 / 71 48 / 71 53 / 71 48 / 71 62 / 70 67 / 69 65 / 69 54 / 64 52 / 61 53 / 55 50 / 52 33 / 34 24 / 24 22 / 22
Quartile Ranking 4 3 3 3 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.15% -3.90% 1.56% 1.76% -4.48% 1.89% -3.06% 9.28% 0.02% 5.65% 0.65% 2.88%
Benchmark 0.27% -3.57% 1.28% 1.45% -4.21% 1.44% -2.80% 9.47% 0.82% 5.81% 0.13% 3.47%

Best Monthly Return Since Inception

13.52% (April 2020)

Worst Monthly Return Since Inception

-20.88% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 3.89% -14.23% 5.98% 10.26% -11.50% -0.59% 6.00% 15.95% -18.98% 3.84%
Benchmark 6.82% -14.95% 6.98% 13.62% -7.93% 3.48% 6.16% 19.35% -18.08% 5.90%
Category Average 7.19% -11.52% 8.78% 12.66% -8.25% 4.17% 5.25% 19.63% -16.73% 6.27%
Quartile Ranking 4 4 4 4 4 4 2 4 4 4
Category Rank 22/ 22 22/ 24 28/ 34 38/ 41 51/ 55 57/ 59 28/ 64 59/ 69 54/ 69 55/ 70

Best Calendar Return (Last 10 years)

15.95% (2021)

Worst Calendar Return (Last 10 years)

-18.98% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 77.71
Cash and Equivalents 19.63
Canadian Corporate Bonds 2.53
International Equity 0.10
US Equity 0.07
Other -0.04

Sector Allocation

Sector Allocation
Name Percent
Financial Services 47.69
Cash and Cash Equivalent 19.63
Energy 14.41
Utilities 9.17
Telecommunications 4.06
Other 5.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.94
Latin America 0.10
Other -0.04

Top Holdings

Top Holdings
Name Percent
Canada Government 0.00% 04-Jul-2024 6.27
Bank of Montreal - Pfd Sr 27 3.87
BMO Laddered Preferred Share Index ETF (ZPR) 3.05
Toronto-Dominion Bank - Pfd Cl A Sr 1 3.00
Canada Government 0.00% 06-Jun-2024 2.97
Canada Government 0.00% 23-May-2024 2.65
Canada Government 0.00% 20-Jun-2024 2.37
Bank of Montreal - Pfd Sr B 2.14
Canadian Western Bank - Pfd Sr 5 2.08
Brookfield Corp - Pfd Cl A Sr 18 2.03

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

BMO Preferred Share Fund Series A

Median

Other - Preferred Sh Fixed Income

3 Yr Annualized

Standard Deviation 11.94% 16.14% 13.16%
Beta 0.98% 1.04% 1.01%
Alpha -0.02% -0.02% -0.02%
Rsquared 0.99% 0.99% 0.99%
Sharpe -0.21% 0.11% -0.02%
Sortino -0.33% 0.06% -0.19%
Treynor -0.03% 0.02% 0.00%
Tax Efficiency - 46.37% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.52% 11.94% 16.14% 13.16%
Beta 1.00% 0.98% 1.04% 1.01%
Alpha -0.01% -0.02% -0.02% -0.02%
Rsquared 0.99% 0.99% 0.99% 0.99%
Sharpe 0.57% -0.21% 0.11% -0.02%
Sortino 1.32% -0.33% 0.06% -0.19%
Treynor 0.08% -0.03% 0.02% 0.00%
Tax Efficiency 86.10% - 46.37% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date August 12, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $174

Fund Codes

FundServ Code Load Code Sales Status
BMO70730
BMO730

Investment Objectives

This fund’s objective is to generate steady income and achieve capital preservation and appreciation by investing primarily in preferred shares of Canadian companies and in other types of securities that are expected to distribute income.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund's objective: Invests primarily in preferred shares of Canadian corporations as well as income-producing securities of governments and Canadian companies. Examines the financial statistics of each company it is considering to determine if the securities are attractively priced.

Portfolio Manager(s)

Name Start Date
Philip Harrington 08-12-2013
Lutz Zeitler 08-12-2013

Management and Organization

Fund Manager BMO Investments Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar BMO Investments Inc.
Distributor BMO Investments Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.90%
Management Fee 1.55%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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