BMO Intermediate Tax Free Fund Class Y (MITFX)
BMO Intermediate Tax Free Fund Class Y operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $11.59, up 0.00% on the session, giving a market capitalisation of $1.93B. Its beta of 1.00 implies it has historically moved less than the broad market.
This fund aims to provide investors with a robust stream of current income that is free from federal income tax, all while safeguarding the initial investment. A minimum of 80% of its total assets are allocated to municipal securities, ensuring that the income generated is exempt from both standard federal income tax and the federal Alternative Minimum Tax (AMT). Generally, the fund maintains an average dollar-weighted effective maturity for its holdings in the range of three to ten years.
BMO Intermediate Tax Free Fund Class Y is most often compared with the following Financial Services names: