BMO TCH Core Plus Bond Fund Y ( MCYBX ) seeks maximization of total return consistent with growth of income. The fund invests a bulk of its assets in corporate, asset-backed, mortgage-backed and U.S. government securities. The fund may also invest up to one-fifth of its assets in debt securities, which are below investment grade.
This Inv Grade Bond - Inter product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 3% and 5 year 3.6%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
MCYBX's performance, as of the last filing, when compared to funds in its category was in the top 18% over the past 1 year, and in the top 16% over the past 3 years and in the top 15% over the past 5 years.
This Zacks Rank #1 (Strong Buy) was incepted in December 2008 and is managed by BMO Funds . MCYBX carries an expense ratio of 0.59% and requires a minimal initial investment of $1,000.
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report