BMO Moderate Allocation Fund - Y
BMBYX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 790 N. Water Street Milwaukee WI United States of America 53202
- IPO Date
- Jun 2, 2014
- CIK
- 0000889366
- Similar Companies
- Business
- BMO Moderate Allocation Fund - Y (BMBYX) is an open-end mutual fund that seeks total investment return consisting of income and capital appreciation by targeting an allocation of approximately 60% of its assets to equities and 40% to fixed income securities. The fund invests in a diversified mix of stocks, bonds, convertible securities, cash equivalents, and other instruments, with portfolio composition typically comprising around 43% stocks, 49% bonds, 6% cash, and minor holdings in convertibles and preferred securities; it maintains holdings turnover of about 82% and focuses on investment-grade fixed income alongside global equities. Managed by BMO Investments Inc. with portfolio sub-advisory from BMO Asset Management Inc., the fund serves institutional and individual investors seeking moderate risk exposure in the asset management sector. Inaugurated on May 30, 2014, and domiciled in the United States with administrative operations linked to BMO Financial Corp. at 111 West Monroe Street, Chicago, IL, the fund operates globally, investing across U.S., Canadian, and international markets without geographic restrictions on underlying holdings. It forms part of BMO Funds, Inc., under the broader BMO Global Asset Management umbrella, which oversees multi-asset strategies for retail and institutional clients targeting balanced growth and income. Recent developments include alignment with BMO's May 2025 announcements of mutual fund launches, management fee reductions effective September 1, 2025 (such as lowering certain series fees from 1.75% to 1.45%), and elimination of fixed administration fees (e.g., 0.17% to 0% for select series), enhancing cost efficiency while maintaining BMO Investments Inc.'s responsibility for administration expenses excluding direct fund costs. In October 2025, BMO confirmed changes to certain ETFs and mutual funds, including sub-advisor adjustments, though BMBYX-specific portfolio shifts reflect ongoing tactical reallocations toward U.S. equities amid strong market performance. No major acquisitions, terminations, or name changes directly affected the fund in the last 1-2 years, but broader BMO GAM product optimizations support its moderate allocation strategy.