BMO TCH Core Plus Bond Fund Class I Shares (MCBIX)
BMO TCH Core Plus Bond Fund Class I Shares operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Milwaukee, WI. The stock last traded at $11.62, up 0.00% on the session, giving a market capitalisation of $1.22B. Its beta of 0.96 implies it has historically moved less than the broad market.
The BMO TCH Core Plus Bond Fund primarily aims to achieve the highest possible overall return while simultaneously generating a steady stream of income. The fund commits at least 80% of its total assets to fixed-income securities. Its diverse bond holdings include corporate debt, asset-backed securities (ABS), mortgage-backed securities (MBS), and obligations issued by the U.S. government. While the investment strategy largely concentrates on acquiring bonds that possess at least the lowest investment-grade rating when purchased, the fund maintains the flexibility to allocate up to 20% of its capital to debt instruments with sub-investment grade ratings, commonly known as high-yield or "junk" bonds.
BMO TCH Core Plus Bond Fund Class I Shares is most often compared with the following Financial Services names: