Bank Of Montreal (Preferred) (BMO.PR.T.TO)
Financials 
Technical Analysis BMO Floating Rate Preferred Share Series 17 (BMO.PR.R-T) This is more of a defensive play. It can be Called at any time at $25. This came with the reset spread of 165, so you are getting a T-bill rate, which is around 1%, +165 basis points, 265 for basically a money market piece of paper. If rates go up, you are going to get more money.
Randy LeClair- «
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Bank Of Montreal (Preferred) (BMO.PR.T.TO) Frequently Asked Questions
What is Bank Of Montreal (Preferred) stock symbol?
Bank Of Montreal (Preferred) is a OTC stock, trading under the symbol BMO.PR.T.TO (previously BMO.PR.T-T on Stockchase) on the undefined (undefined). It is usually referred to as or BMO.PR.T.TO
Is Bank Of Montreal (Preferred) a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on BMO.PR.T.TO (previously BMO.PR.T-T on Stockchase) on Stockchase. Read the latest expert commentary for Bank Of Montreal (Preferred).
Is Bank Of Montreal (Preferred) a good investment or a top pick?
Bank Of Montreal (Preferred) was recommended as a Top Pick by Randy LeClair on 2014-09-08. Read the latest stock experts ratings for Bank Of Montreal (Preferred).
Why is Bank Of Montreal (Preferred) stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Bank Of Montreal (Preferred).
Is Bank Of Montreal (Preferred) worth watching?
Bank Of Montreal (Preferred) is covered by Stockchase experts and is worth watching.
(A Top Pick Sept 8/14. Down 0.77%.) BMO Floating Rate Preferred Share Series 17. Shouldn’t be volatile except when the bank of Canada rate drops. It was up on the year, but as soon as the interest rate cut came in, it dropped. This was a defensive strategy for people who thought rates were going to go up. It is still a pretty good substitute for a Money Market type of return, plus you get the dividend tax credit.