BMO Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for September 2025
MWN-AI** Summary
On September 22, 2025, BMO Asset Management Inc. announced the cash and reinvested distributions for its BMO ETFs and ETF Series of BMO Mutual Funds for the month of September 2025. Unitholders of these funds will receive distributions based on their shareholdings as of September 29, 2025, payable on October 2, 2025. This distribution includes a range of cash payouts differentiated by fund type, reflecting BMO's ongoing commitment to delivering value to investors.
Notably, the monthly distributions feature various amounts across different ETFs, including the BMO Aggregate Bond Index ETF (ZAG) with a cash distribution of $0.040 per unit, and the BMO Equal Weight Banks Index ETF (ZEB) at $0.145 per unit. Other highlighted ETFs include the BMO High Yield US Corporate Bond Index ETF (ZJK) with a distribution of $0.100 and the BMO Canadian Dividend ETF (ZDV) at $0.070 per unit.
Furthermore, certain ETFs will also offer quarterly distributions, with the BMO BBB Corporate Bond Index ETF (ZBBB) providing $0.310 per unit, while the BMO Equal Weight Oil & Gas Index ETF (ZEO) will issue an impressive $0.690.
BMO emphasizes that these distributions are subject to market fluctuations and are not guaranteed. Investors are encouraged to consider the associated risks and consult the relevant documents before making investment decisions. BMO’s commitment to long-term value and diverse investment strategies continues to be a driving force behind their efforts in managing funds that cater to a variety of financial goals. Additional details regarding these distributions can be found on the BMO ETFs website.
MWN-AI** Analysis
BMO's announcement regarding cash and reinvested distributions for September 2025 indicates a strategic approach that investors should carefully consider. The distributions, spanning both monthly and quarterly intervals, include a variety of ETFs across asset classes such as fixed income, equities, and alternative strategies, providing diversified income opportunities.
Notably, the cash distributions are set for October 2, 2025, with the record date falling on September 29. Such predictable payout schedules are appealing for income-focused investors. For instance, BMO's Equal Weight Banks Index ETF (ZEB) is poised to distribute $0.145 per unit, appealing for those looking to capitalize on the stability of the banking sector. Similarly, sector-specific funds like the Covered Call ETFs, which yield notable distributions, present attractive options in a potentially volatile market environment.
Investors should also assess the context of these distributions in light of the current market conditions. As inflation and interest rates evolve, understanding the implications of reinvested distributions becomes vital. Reinvesting dividends in units can compound growth, particularly in funds like the BMO Premium Yield ETF (ZPAY), which has a robust cash distribution of $0.200 per unit for those seeking to enhance their position in yielding assets.
Additionally, the variety in distribution amounts across different ETFs allows investors to tailor their portfolios according to risk appetite and sector preferences. However, it is crucial to remain cognizant of market fluctuations; the nature of ETF distributions can lead to unexpected yield performance.
In summary, BMO's distribution strategy for September 2025 offers a variety of options catering to both conservative income-seeking investors and those focused on growth through reinvestment. Careful consideration of individual investment goals in relation to these distributions will aid in optimizing portfolio performance.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
TORONTO , Sept. 22, 2025 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the September 2025 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on September 29, 2025 will receive cash distributions payable on October 2, 2025 .
The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is September 29, 2025 .
Details of the per unit cash distribution amount are as follows:
Monthly Distributions
FUND NAME | FUND TICKER | CASH DISTRIBUTION |
BMO Aggregate Bond Index ETF | ZAG | 0.040 |
BMO Canadian MBS Index ETF | ZMBS | 0.060 |
BMO Discount Bond Index ETF | ZDB | 0.030 |
BMO Emerging Markets Bond Hedged to CAD Index ETF | ZEF | 0.045 |
BMO Equal Weight Banks Index ETF | ZEB | 0.145 |
BMO Equal Weight REITs Index ETF | ZRE | 0.090 |
BMO Equal Weight Utilities Index ETF | ZUT | 0.070 |
BMO High Yield US Corporate Bond Hedged to CAD Index ETF | ZHY | 0.056 |
BMO High Yield US Corporate Bond Index ETF | ZJK | 0.100 |
BMO High Yield US Corporate Bond Index ETF (USD Units)* | ZJK.U | 0.085 |
BMO Laddered Preferred Share Index ETF | ZPR | 0.056 |
BMO Laddered Preferred Share Index ETF (USD Units)* | ZPR.U | 0.089 |
BMO Long Corporate Bond Index ETF | ZLC | 0.060 |
BMO Long Federal Bond Index ETF | ZFL | 0.030 |
BMO Long Provincial Bond Index ETF | ZPL | 0.037 |
BMO Mid Corporate Bond Index ETF | ZCM | 0.055 |
BMO Mid Federal Bond Index ETF | ZFM | 0.030 |
BMO Mid Provincial Bond Index ETF | ZMP | 0.035 |
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF | ZMU | 0.044 |
BMO Mid-Term US IG Corporate Bond Index ETF | ZIC | 0.061 |
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* | ZIC.U | 0.045 |
BMO Real Return Bond Index ETF | ZRR | 0.050 |
BMO Short Corporate Bond Index ETF | ZCS | 0.045 |
BMO Short Federal Bond Index ETF | ZFS | 0.030 |
BMO Short Provincial Bond Index ETF | ZPS | 0.030 |
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF | ZSU | 0.045 |
BMO US Aggregate Bond Index ETF | ZUAG | 0.065 |
BMO US Aggregate Bond Index ETF (Hedged Units) | ZUAG.F | 0.065 |
BMO US Aggregate Bond Index ETF (USD Units)* | ZUAG.U | 0.065 |
BMO US Preferred Share Hedged to CAD Index ETF | ZHP | 0.090 |
BMO US Preferred Share Index ETF | ZUP | 0.110 |
BMO US Preferred Share Index ETF (USD Units)* | ZUP.U | 0.100 |
BMO Balanced ETF (Fixed Percentage Distribution Units) | ZBAL.T | 0.050 |
BMO Canadian Dividend ETF | ZDV | 0.070 |
BMO Canadian High Dividend Covered Call ETF | ZWC | 0.100 |
BMO Covered Call Canadian Banks ETF | ZWB | 0.110 |
BMO Covered Call Canadian Banks ETF (USD Units)* | ZWB.U | 0.140 |
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF | ZWA | 0.130 |
BMO Covered Call Energy ETF | ZWEN | 0.220 |
BMO Covered Call Health Care ETF | ZWHC | 0.160 |
BMO Covered Call Technology ETF | ZWT | 0.220 |
BMO Covered Call US Banks ETF | ZWK | 0.145 |
BMO Covered Call Utilities ETF | ZWU | 0.070 |
BMO Europe High Dividend Covered Call ETF | ZWP | 0.105 |
BMO Europe High Dividend Covered Call Hedged to CAD ETF | ZWE | 0.120 |
BMO Floating Rate High Yield ETF | ZFH | 0.070 |
BMO Global High Dividend Covered Call ETF | ZWG | 0.175 |
BMO Growth ETF (Fixed Percentage Distribution Units) | ZGRO.T | 0.060 |
BMO International Dividend ETF | ZDI | 0.080 |
BMO International Dividend Hedged to CAD ETF | ZDH | 0.080 |
BMO Monthly Income ETF | ZMI | 0.070 |
BMO Monthly Income ETF (USD Units)* | ZMI.U | 0.040 |
BMO Premium Yield ETF | ZPAY | 0.200 |
BMO Premium Yield ETF (Hedged Units) | ZPAY.F | 0.175 |
BMO Premium Yield ETF (USD Units) * | ZPAY.U | 0.180 |
BMO Ultra Short-Term Bond ETF | ZST | 0.112 |
BMO Ultra Short-Term US Bond ETF (USD Units)* | ZUS.U | 0.180 |
BMO USD Cash Management ETF | ZUCM | 0.107 |
BMO USD Cash Management ETF (USD Units)* | ZUCM.U | 0.104 |
BMO US Dividend ETF | ZDY | 0.070 |
BMO US Dividend ETF (USD Units)* | ZDY.U | 0.050 |
BMO US Dividend Hedged to CAD ETF | ZUD | 0.045 |
BMO US High Dividend Covered Call ETF | ZWH | 0.130 |
BMO US High Dividend Covered Call ETF (USD Units)* | ZWH.U | 0.125 |
BMO US High Dividend Covered Call Hedged to CAD ETF | ZWS | 0.105 |
BMO US Put Write ETF | ZPW | 0.125 |
BMO US Put Write ETF (USD Units)* | ZPW.U | 0.125 |
BMO US Put Write Hedged to CAD ETF | ZPH | 0.120 |
BMO Global Enhanced Income Fund (ETF Series) | ZWQT | 0.085 |
BMO Global Dividend Opportunities Fund (Active ETF Series) | BGDV | 0.034 |
BMO Global REIT Fund (Active ETF Series) | BGRT | 0.055 |
BMO Money Market Fund (ETF Series) | ZMMK | 0.115 |
BMO Global Infrastructure Fund (Active ETF Series) | BGIF | 0.050 |
BMO AAA CLO ETF | ZAAA | 0.135 |
BMO AAA CLO ETF (Hedged Units) | ZAAA.F | 0.134 |
BMO AAA CLO ETF (USD Units)* | ZAAA.U | 0.134 |
BMO Canadian Core Plus US Balanced ETF | ZBCB | 0.060 |
BMO US Dividend Growth ETF | ZBDU | 0.070 |
BMO US Dividend Growth ETF (Hedged Units) | ZBDU.F | 0.070 |
BMO Covered Call Spread Gold Bullion ETF | ZWGD | 0.125 |
Quarterly Distributions
FUND NAME | FUND TICKER | CASH DISTRIBUTION |
BMO BBB Corporate Bond Index ETF | ZBBB | 0.310 |
BMO Canadian Bank Income Index ETF | ZBI | 0.320 |
BMO Corporate Bond Index ETF | ZCB | 0.480 |
BMO Dow Jones Industrial Average Hedged to CAD Index ETF | ZDJ | 0.190 |
BMO Equal Weight Industrials Index ETF | ZIN | 0.150 |
BMO Equal Weight Oil & Gas Index ETF | ZEO | 0.690 |
BMO Equal Weight US Banks Hedged to CAD Index ETF | ZUB | 0.185 |
BMO Equal Weight US Banks Index ETF | ZBK | 0.195 |
BMO ESG Corporate Bond Index ETF | ESGB | 0.276 |
BMO ESG US Corporate Bond Hedged to CAD Index ETF | ESGF | 0.258 |
BMO Global Communications Index ETF | COMM | 0.120 |
BMO Global Consumer Discretionary Hedged to CAD Index ETF | DISC | 0.070 |
BMO Global Consumer Staples Hedged to CAD Index ETF | STPL | 0.130 |
BMO Global Infrastructure Index ETF | ZGI | 0.340 |
BMO Government Bond Index ETF | ZGB | 0.320 |
BMO High Quality Corporate Bond Index ETF | ZQB | 0.276 |
BMO Japan Index ETF | ZJPN | 0.150 |
BMO Japan Index ETF (Hedged Units) | ZJPN.F | 0.190 |
BMO Long-Term US Treasury Bond Index ETF | ZTL | 0.296 |
BMO Long-Term US Treasury Bond Index ETF (Hedged Units) | ZTL.F | 0.240 |
BMO Long-Term US Treasury Bond Index ETF (USD Units)* | ZTL.U | 0.280 |
BMO Mid-Term US Treasury Bond Index ETF | ZTM | 0.400 |
BMO Mid-Term US Treasury Bond Index ETF (USD Units)* | ZTM.U | 0.390 |
BMO MSCI ACWI Paris Aligned Climate Equity Index ETF | ZGRN | 0.110 |
BMO MSCI All Country World High Quality Index ETF | ZGQ | 0.100 |
BMO MSCI Canada Selection Equity Index ETF | ESGA | 0.250 |
BMO MSCI Canada Value Index ETF | ZVC | 0.210 |
BMO MSCI EAFE Selection Equity Index ETF | ESGE | 0.200 |
BMO MSCI EAFE Hedged to CAD Index ETF | ZDM | 0.180 |
BMO MSCI EAFE High Quality Index ETF | ZIQ | 0.130 |
BMO MSCI EAFE Index ETF | ZEA | 0.150 |
BMO MSCI Europe High Quality Hedged to CAD Index ETF | ZEQ | 0.130 |
BMO MSCI Global Selection Equity Index ETF | ESGG | 0.140 |
BMO MSCI USA Selection Equity Index ETF | ESGY | 0.110 |
BMO MSCI USA Selection Equity Index ETF (Hedged Units) | ESGY.F | 0.090 |
BMO MSCI USA High Quality Index ETF | ZUQ | 0.110 |
BMO MSCI USA High Quality Index ETF (Hedged Units) | ZUQ.F | 0.070 |
BMO MSCI USA High Quality Index ETF (USD Units)* | ZUQ.U | 0.075 |
BMO MSCI USA Value Index ETF | ZVU | 0.150 |
BMO S&P 500 Hedged to CAD Index ETF | ZUE | 0.200 |
BMO S&P 500 Index ETF | ZSP | 0.210 |
BMO S&P 500 Index ETF (USD Units)* | ZSP.U | 0.160 |
BMO S&P/TSX 60 Index ETF | ZIU | 0.420 |
BMO S&P/TSX Capped Composite Index ETF | ZCN | 0.240 |
BMO S&P US Mid Cap Index ETF | ZMID | 0.130 |
BMO S&P US Mid Cap Index ETF (Hedged Units) | ZMID.F | 0.120 |
BMO S&P US Mid Cap Index ETF (USD Units)* | ZMID.U | 0.130 |
BMO S&P US Small Cap Index ETF | ZSML | 0.130 |
BMO S&P US Small Cap Index ETF (Hedged Units) | ZSML.F | 0.120 |
BMO S&P US Small Cap Index ETF (USD Units)* | ZSML.U | 0.130 |
BMO Short-Term Bond Index ETF | ZSB | 0.390 |
BMO Short-Term US TIPS Index ETF | ZTIP | 0.300 |
BMO Short-Term US TIPS Index ETF (Hedged Units) | ZTIP.F | 0.270 |
BMO Short-Term US TIPS Index ETF (USD Units)* | ZTIP.U | 0.280 |
BMO Short-Term US Treasury Bond Index ETF | ZTS | 0.380 |
BMO Short-Term US Treasury Bond Index ETF (USD Units)* | ZTS.U | 0.360 |
BMO All-Equity ETF | ZEQT | 0.075 |
BMO Balanced ESG ETF | ZESG | 0.060 |
BMO Balanced ETF | ZBAL | 0.075 |
BMO Conservative ETF | ZCON | 0.075 |
BMO Corporate Discount Bond ETF | ZCDB | 0.148 |
BMO Global Agriculture ETF | ZEAT | 0.120 |
BMO Growth ETF | ZGRO | 0.075 |
BMO Long Short Canadian Equity ETF | ZLSC | 0.135 |
BMO Long Short US Equity ETF | ZLSU | 0.085 |
BMO Low Volatility Canadian Equity ETF | ZLB | 0.280 |
BMO Low Volatility International Equity ETF | ZLI | 0.160 |
BMO Low Volatility International Equity Hedged to CAD ETF | ZLD | 0.170 |
BMO Low Volatility US Equity ETF | ZLU | 0.270 |
BMO Low Volatility US Equity ETF (USD Units)* | ZLU.U | 0.190 |
BMO Low Volatility US Equity Hedged to CAD ETF | ZLH | 0.170 |
BMO Short-Term Discount Bond ETF | ZSDB | 0.100 |
BMO US Equity Buffer Hedged to CAD ETF – January | ZJAN | 0.042 |
BMO US Equity Buffer Hedged to CAD ETF – April | ZAPR | 0.041 |
BMO US Equity Buffer Hedged to CAD ETF – July | ZJUL | 0.041 |
BMO US Equity Buffer Hedged to CAD ETF – October | ZOCT | 0.043 |
BMO Brookfield Global Real Estate Tech Fund (ETF Series) | TOWR | 0.120 |
BMO Brookfield Global Renewables Infrastructure Fund (ETF Series) | GRNI | 0.160 |
BMO Core Plus Bond Fund (ETF Series) | ZCPB | 0.200 |
BMO Global Innovators Fund (Active ETF Series) | BGIN | 0.020 |
BMO Global Strategic Bond Fund (ETF Series) | ZGSB | 0.300 |
BMO Sustainable Global Multi-Sector Bond Fund (ETF Series) | ZMSB | 0.250 |
BMO Tactical Dividend ETF Fund (ETF Series) | ZZZD | 0.300 |
BMO Target 2027 Canadian Corporate Bond ETF | ZXCO | 0.090 |
BMO Target 2028 Canadian Corporate Bond ETF | ZXCP | 0.100 |
BMO Target 2029 Canadian Corporate Bond ETF | ZXCQ | 0.100 |
Quarterly Distributions - Automatically Reinvested
The following quarterly cash distributions are distributed and automatically reinvested in additional Accumulating Units of the applicable BMO ETF, which are consolidated immediately.
FUND NAME | FUND TICKER | REINVESTED DISTRIBUTION PER UNIT ($) |
BMO Short Corporate Bond Index ETF (Accumulating Units) | ZCS.L | 0.220 |
BMO Short Federal Bond Index ETF (Accumulating Units) | ZFS.L | 0.140 |
BMO Short Provincial Bond Index ETF (Accumulating Units) | ZPS.L | 0.140 |
BMO Ultra Short-Term Bond ETF (Accumulating Units) | ZST.L | 0.640 |
BMO Ultra Short-Term US Bond ETF (USD Accumulating Units)* | ZUS.V | 0.720 |
*Cash distribution per unit ($) amounts are USD for ZAAA.U, ZJK.U, ZPR.U, ZIC.U, ZUAG.U, ZUP.U, ZWB.U, ZMI.U, ZPAY.U, ZUS.U, ZUCM.U, ZDY.U, ZWH.U, ZPW.U, ZTL.U, ZTM.U, ZUQ.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, ZLU.U and ZUS.V.
Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmoetfs.com .
Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the applicable ETF Facts document or prospectus before investing. BMO ETFs and ETF Series of the BMO Mutual Funds are not guaranteed, their values change frequently, and past performance may not be repeated. For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the simplified prospectus. Units of the BMO ETFs and ETF Series securities of the BMO Mutual Funds may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.
Distributions are not guaranteed and may fluctuate. Distribution rates may change without notice (up or down) depending on market conditions. The payment of distributions should not be confused with an investment fund's performance, rate of return or yield. If distributions paid by an investment fund are greater than the performance of the fund, your original investment will shrink.
Distributions of net income and net taxable gains of an ETF Series of a BMO Mutual Fund will be included in the unitholder's income for tax purposes in the year they are paid, whether or not such amounts are reinvested in additional units. A unitholder's adjusted cost base will be reduced by the amount of any returns of capital. If a unitholder's adjusted cost base goes below zero, such unitholder will have to pay capital gains tax on the amount below zero. Please refer to the summary of the principal income tax considerations set out in the prospectus for the relevant ETF Series of the BMO Mutual Fund. Investors should also consult their own tax advisors about their individual circumstances.
BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. The ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., an investment fund manager and a separate legal entity from Bank of Montreal.
"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.
About BMO Financial Group
BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of July 31, 2025 . Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada , the United States , and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life , BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
SOURCE BMO Financial Group
FAQ**
How does the cash distribution for the Bmo High Yield US Corporate Bond Index ETF ZJK:CC compare to previous months in terms of yield percentage?
What factors influenced the decision to set the cash distribution for the Bmo High Yield US Corporate Bond Index ETF ZJK:CC at $0.100 for September 2025?
Given the current economic environment, how sustainable is the cash distribution rate for the Bmo High Yield US Corporate Bond Index ETF ZJK:CC moving forward?
Can you provide insights on any changes in asset allocation or strategy for the Bmo High Yield US Corporate Bond Index ETF ZJK:CC that might affect future distributions?
**MWN-AI FAQ is based on asking OpenAI questions about Bmo Japan Index Etf (TSXC: ZJPN:CC).
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