Performance data quoted prior to the inception of the Class A Shares is the performance of the Fund’s Investor (Class Y) Shares, not adjusted for any differences in the expenses of the classes.
Performance data quoted represents past performance and past performance is not a guarantee of future results. Investment returns and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Mutual fund performance changes over time and current performance may be lower or higher than what is stated. To receive the most recent month-end performance, call 1-800-236-3863.
Returns are pre-tax. An investor should consider his or her current and anticipated investment horizon and income tax bracket when making an investment decision as the illustration above does not reflect these factors. For more information about performance, please contact your investment professional. For more information about performance, please contact your investment professional. Total returns for periods of one year or less are cumulative.
Net Expense Ratios reflect contractual fee waivers and/or expense reimbursements made by BMO Asset Management Corp., the investment adviser (Adviser). The Adviser may not terminate these fee waivers and/or expense reimbursements prior to December 31, 2020 without the consent of the Board of Directors, unless the investment advisory agreement is terminated. Without these contractual waivers, the Funds’ returns would have been lower. Please see the prospectus for more information.
Money Fund Report Averages™ is an arithmetic average of performance for all money market mutual funds tracked within this category. Money Fund Report Averages™ is a service of iMoneyNet, Inc. (formerly IBC Financial Data).
The Bloomberg Barclays 1-Yr Municipal Bond Index is the 1-year component of the Bloomberg Barclays Municipal Bond Index, which is an unmanaged index composed of long-term tax-exempt bonds with a minimum credit rating of Baa. Investments cannot be made in an index.
Interest income from the Fund’s investments may be subject to the federal alternative minimum tax (AMT) for individuals and corporations, and state and local taxes.
Effective June 2, 2017, Class Y shares of the Fund were converted into Class A shares of the Fund. The Fund no longer offers Class Y shares.
Lipper Short Municipal Debt Index is comprised of funds that invest in municipal debt issues with dollar-weighted average maturities of less than three years.
The maximum sales charge (load) imposed on purchases (as a percentage of offering price) is 2.00% for Class A shares. The Class NAV performance does not reflect the deduction of the sales load or fee,and if reflected, the load or fee would reduce the performance quoted.
¹ For money market funds, current and effective 7-day yield displayed as of today’s date. Yield will vary. The yield quotations for money market funds more closely reflect the current earnings of the fund than the total return quotations. The 7-day effective yield is based on the 7-day yield and is then compounded and annualized. Total returns for periods of less than one year are cumulative.