BMO TCH Core Plus Bond Fund Class Y Shares (MCYBX)
BMO TCH Core Plus Bond Fund Class Y Shares operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Milwaukee, WI. The stock last traded at $11.63, up 0.00% on the session, giving a market capitalisation of $914.9M. Its beta of 0.95 implies it has historically moved less than the broad market.
The BMO TCH Core Plus Bond Fund Class Y Shares primarily allocates its capital to fixed-income instruments, dedicating a minimum of 80% of its assets to bonds. These debt securities span various categories, including corporate bonds, asset-backed securities, mortgage-backed securities, and obligations issued by the U.S. government. While the fund predominantly seeks out investments with at least a low investment-grade credit rating at the time of acquisition, it maintains the flexibility to commit up to 20% of its portfolio to lower-rated, sub-investment grade debt. Such securities are widely recognized as high-yield bonds or, more informally, "junk bonds."
BMO TCH Core Plus Bond Fund Class Y Shares is most often compared with the following Financial Services names: