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BMO Intermediate Tax-Free Y (MITFX) Fund Ranking and Research

Ranking, Research and Recommendation of BMO Intermediate Tax-Free Y (MITFX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of BMO Intermediate Tax-Free Y Fund (MITFX) ManagerFund Manager - Thomas M. Byron

Fund Manager Information

Fund Manager Tenure: 4.3 years
Fund Family: BMO Funds
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.62)     (What does this score mean?)

 

Graph of BMO Intermediate Tax-Free Y Fund (MITFX) ProfileBMO Intermediate Tax-Free Y Fund (MITFX) Profile

Fund Profile and Description

BMO Intermediate Tax-Free Y Fund seeks income exempt from federal income tax, consistent with preservation of capital. BMO Intermediate Tax-Free Y Fund normally invests at least 80% of assets in municipal securities, the income from which is exempt from federal income tax. It typically maintains an average dollar-weighted effective maturity of 3 to 10 years.

 

BMO Intermediate Tax-Free Y (MITFX) Fund Strength What we like about BMO Intermediate Tax-Free Y (MITFX) Fund

Data for BMO Intermediate Tax-Free Y Fund (MITFX) as of May 30, 2016

  • BMO Intermediate Tax-Free Y Fund (MITFX) management has been with BMO Intermediate Tax-Free Y Fund for 4.3 years
  • BMO Intermediate Tax-Free Y Fund (MITFX) has good mid-term performance (3-year return 3.37% vs 3.10% Muni National Interm category median performance)
  • BMO Intermediate Tax-Free Y Fund (MITFX) has good Long-term performance (5-year return 4.52% vs 4.14% Muni National Interm category median performance)
  • BMO Intermediate Tax-Free Y Fund (MITFX) ratio of up-years vs down years is greater than 2
  • BMO Intermediate Tax-Free Y Fund (MITFX) has a Morningstar rating of 4 and above
  • Asset base in BMO Intermediate Tax-Free Y Fund (MITFX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • BMO Intermediate Tax-Free Y Fund (MITFX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.75, lower than category average of 3.29
  • BMO Intermediate Tax-Free Y Fund (MITFX) has a lower expense ratio than its Muni National Interm average: 0.55% vs 0.80%
  • BMO Intermediate Tax-Free Y Fund (MITFX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

BMO Intermediate Tax-Free Y Fund (MITFX) Weakness What we are cautious about BMO Intermediate Tax-Free Y (MITFX) Fund

Data for BMO Intermediate Tax-Free Y Fund (MITFX) as of May 30, 2016

  • BMO Intermediate Tax-Free Y Fund (MITFX) has a less-than-ideal short-term performance (1-year return 4.60% vs 4.71% Muni National Interm category median performance)
  • BMO Intermediate Tax-Free Y Fund (MITFX) has an annual stock turnover rate of 26.00% that is higher than the Muni National Interm average of 22.40%. This could mean BMO Intermediate Tax-Free Y is more nimble, but also signal potential high tax impact and high trading fees
See BMO Intermediate Tax-Free Y Fund (MITFX) performance details as of May 30, 2016

 

What do you think?

 

Compare BMO Intermediate Tax-Free Y Fund (MITFX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BMO Intermediate Tax-Free Y2.254.603.374.52
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare BMO Intermediate Tax-Free Y Fund (MITFX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of BMO Intermediate Tax-Free Y Fund (MITFX) Net Asset TrackingBMO Intermediate Tax-Free Y (MITFX) Fund Net Asset

Track net asset change of BMO Intermediate Tax-Free Y fund (MITFX)

DateNet Asset
05/2016$1.80B
03/2016$1.77B
02/2016$1.71B
More historic net asset information on BMO Intermediate Tax-Free Y Fund (MITFX)

  

Graph of BMO Intermediate Tax-Free Y Fund (MITFX) Portfolio TrackingBMO Intermediate Tax-Free Y (MITFX) Fund Portfolio Allocation

Track portfolio allocation change of BMO Intermediate Tax-Free Y fund (MITFX)

DateCashStockBondOther
04/20161.74%0%98.24%0.02%
02/20162.27%0%97.72%0.01%
01/20162.59%0%97.4%0.01%
Click here to see more historic asset allocation information on BMO Intermediate Tax-Free Y Fund (MITFX)

 

graph of BMO Intermediate Tax-Free Y Fund (MITFX) Top 10 Position TrackingTop 10 Holdings in BMO Intermediate Tax-Free Y (MITFX) Fund

Discover what BMO Intermediate Tax-Free Y Fund (MITFX) manager is buying

Apr 29, 2016
St James Parish La Rev Var Rev B 0.7% [0.78%]
Deutsche Bk Spears/Lifers Tr V Ctfs [0.74%]
Engy Northwest Wash Elec Rev Elec 5% [0.72%]
Port Port Arthur Tex Nav Dist 0.52% [0.71%]
Port Port Arthur Tex Nav Dist 0.53% [0.59%]
Plano Tex Indpt Sch Dist 5% [0.57%]
Monroe Cnty Ga Dev Auth 0.4% [0.56%]
New Mexico Mun Engy Acquisit Ref Bds [0.56%]
New York St Dorm Auth 5% [0.51%]
Illinois St Go Bds 5% [0.49%]

Feb 28, 2016
Port Port Arthur Tex Nav Dist 0.52% [1.11%]
Port Port Arthur Tex Nav Dist 0.51% [0.86%]
St James Parish La Rev Var Rev B 0.8% [0.82%]
Deutsche Bk Spears/Lifers Tr V Ctfs [0.77%]
New Mexico Mun Engy Acquisit Ref Bds [0.58%]
Plano Tex Indpt Sch Dist 5% [0.58%]
Monroe Cnty Ga Dev Auth 0.46% [0.58%]
New York St Dorm Auth 5% [0.53%]
New Jersey St Higher Ed Assist St 4.875% [0.51%]
Illinois St Go Bds 5% [0.51%]

Jan 30, 2016
New York St Dorm Auth 5% [1.07%]
Port Port Arthur Tex Nav Dist 0.17% [0.8%]
St James Parish La Rev Var Rev B 0.43% [0.76%]
Memphis Tenn Gen Impt 0.105% [0.68%]
New York St Twy Auth 5% [0.55%]
Monroe Cnty Ga Dev Auth 0.18% [0.54%]
New Mexico Mun Engy Acquisit Ref Bds [0.54%]
Puttable Fltg Opt Tax Exempt R Ctfs [0.54%]
Deutsche Bk Spears/Lifers Tr V Ctfs [0.5%]
Click here for Stock Holding Change Map in BMO Intermediate Tax-Free Y Fund (MITFX)

  

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