- What does MITFX invest in?
- 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.
- What is the expense ratio of MITFX?
- An expense ratio for BMO Intermediate Tax Free Fund Class Y (MITFX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is the duration of MITFX?
- Effective duration measures MITFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MITFX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of MITFX?
- MITFX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of MITFX?
- Yield to maturity (YTM) is the total return you'd earn from MITFX if every bond in the portfolio is held to maturity at the current price. MITFX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
- How big is MITFX?
- BMO Intermediate Tax Free Fund Class Y (MITFX) manages $1.93B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
