BMO Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for March 2025
MWN-AI** Summary
On March 21, 2025, BMO Asset Management Inc. and BMO Investments Inc. announced the distribution details for select BMO Exchange-Traded Funds (ETFs) and ETF Series of BMO Mutual Funds for March 2025. Unitholders of these funds will benefit from cash and reinvested distributions based on their holdings as of the market close on March 28, 2025, with payments scheduled for April 2, 2025.
The distribution includes both monthly and quarterly payouts. The monthly distributions cover a variety of 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 $0.140 per unit. Other notable monthly distributions include $0.220 for the BMO Covered Call Energy ETF (ZWEN) and $0.200 for the BMO Premium Yield ETF (ZPAY).
Quarterly payouts are more substantial, with the BMO Corporate Bond Index ETF (ZCB) announcing a distribution of $0.460 per unit and the BMO Equal Weight Oil & Gas Index ETF (ZEO) standing out with $0.680 per unit.
Additionally, specific quarterly distributions will be automatically reinvested for designated ETFs, such as the BMO Short Corporate Bond Index ETF (Accumulating Units) at $0.220 per unit, enhancing future growth potential for investors opting into this feature.
Unitholders are encouraged to review the performance and associated risks tied to these investments, as BMO ETFs are subject to market fluctuations and are not guaranteed. Further details can be found on BMO's ETF website. BMO Financial Group, one of North America's largest banks, continues to focus on delivering broad financial services while fostering sustainable growth.
MWN-AI** Analysis
As BMO Asset Management Inc. prepares to distribute its cash and reinvested distributions for March 2025, investors should closely examine the implications of these announcements on their portfolios. The announced distributions for BMO ETFs and certain mutual fund series indicate a commitment to providing consistent income, an attractive feature for income-focused investors.
Among the key highlights, the BMO Equal Weight Banks Index ETF (ZEB) stands out with a robust cash distribution of CAD 0.140 per unit. This figure reflects the solid performance and resilience of Canada's banking sector, positioning ZEB as a compelling option for investors seeking stable returns amid fluctuating market conditions. Similarly, the BMO Covered Call Energy ETF (ZWEN) offers a notably high distribution of CAD 0.220, underscoring the opportunities in the energy sector for income generation.
Investors should also consider the implications of reinvested distributions, which can compound returns over time. The automatic reinvestment strategy for select ETFs, such as the Short Corporate Bond Index ETF (ZCS.L) and Ultra Short-Term Bond ETF (ZST.L), offers a pathway for growth while simultaneously enhancing the income-generating capabilities of these funds.
Market conditions, including potential changes in interest rates and economic recovery dynamics, may influence the performance of these funds going forward. Investors should evaluate their risk tolerance and investment horizon when considering BMO ETFs, particularly those exposed to sectors like utilities and real estate, which have shown resilience in past downturns.
In summary, the March 2025 distributions present an opportunity for investors to capitalize on BMO's strong offerings, particularly in high-yield funds. Given the current economic context, a balanced strategy involving both cash distributions and reinvestments could enhance overall returns while mitigating risk. Regular portfolio reviews and alignment with investment goals remain crucial for navigating market volatility.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
TORONTO , March 21, 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 March 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 March 28, 2025 will receive cash distributions payable on April 2, 2025 .
The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is March 28, 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 | 0.040 |
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 | 0.140 |
BMO Equal Weight REITs Index ETF | ZRE | 0.090 |
BMO Equal Weight Utilities Index ETF | ZUT | 0.075 |
BMO ESG High Yield US Corporate Bond Index ETF | ESGH | 0.100 |
BMO ESG High Yield US Corporate Bond Index ETF (Hedged Units) | ESGH.F | 0.095 |
BMO High Yield US Corporate Bond Hedged to CAD Index ETF | ZHY | 0.056 |
BMO High Yield US Corporate Bond Index ETF | ZJK | 0.090 |
BMO High Yield US Corporate Bond Index ETF (USD Units)* | ZJK.U | 0.085 |
BMO Laddered Preferred Share Index ETF | ZPR | 0.045 |
BMO Laddered Preferred Share Index ETF (USD Units)* | ZPR.U | 0.068 |
BMO Long Corporate Bond Index ETF | ZLC | 0.060 |
BMO Long Federal Bond Index ETF | ZFL | 0.033 |
BMO Long Provincial Bond Index ETF | ZPL | 0.040 |
BMO Mid Corporate Bond Index ETF | ZCM | 0.050 |
BMO Mid Federal Bond Index ETF | ZFM | 0.028 |
BMO Mid Provincial Bond Index ETF | ZMP | 0.034 |
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF | ZMU | 0.042 |
BMO Mid-Term US IG Corporate Bond Index ETF | ZIC | 0.059 |
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* | ZIC.U | 0.042 |
BMO Real Return Bond Index ETF | ZRR | 0.057 |
BMO Short Corporate Bond Index ETF | ZCS | 0.038 |
BMO Short Federal Bond Index ETF | ZFS | 0.025 |
BMO Short Provincial Bond Index ETF | ZPS | 0.030 |
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF | ZSU | 0.038 |
BMO US Aggregate Bond Index ETF | ZUAG | 0.060 |
BMO US Aggregate Bond Index ETF (Hedged Units) | ZUAG.F | 0.060 |
BMO US Aggregate Bond Index ETF (USD Units)* | ZUAG.U | 0.060 |
BMO US Preferred Share Hedged to CAD Index ETF | ZHP | 0.090 |
BMO US Preferred Share Index ETF | ZUP | 0.100 |
BMO US Preferred Share Index ETF (USD Units)* | ZUP.U | 0.098 |
BMO Balanced ETF (Fixed Percentage Distribution Units) | ZBAL.T | 0.155 |
BMO Canadian Banks Accelerator ETF | ZEBA | 0.115 |
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 | 0.180 |
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 | 0.120 |
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 | 0.120 |
BMO Ultra Short-Term US Bond ETF (USD Units)* | ZUS.U | 0.180 |
BMO USD Cash Management ETF | ZUCM | 0.110 |
BMO USD Cash Management ETF (USD Units)* | ZUCM.U | 0.105 |
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 | 0.450 |
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 | 0.150 |
BMO Global Infrastructure Fund (Active ETF Series) | BGIF | 0.050 |
Quarterly Distributions
FUND NAME | TICKER | CASH |
BMO BBB Corporate Bond Index ETF | ZBBB | 0.280 |
BMO Canadian Bank Income Index ETF | ZBI | 0.270 |
BMO Corporate Bond Index ETF | ZCB | 0.460 |
BMO Dow Jones Industrial Average Hedged to CAD Index ETF | ZDJ | 0.210 |
BMO Equal Weight Industrials Index ETF | ZIN | 0.150 |
BMO Equal Weight Oil & Gas Index ETF | ZEO | 0.680 |
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 | 0.250 |
BMO ESG US Corporate Bond Hedged to CAD Index ETF | ESGF | 0.240 |
BMO Global Communications Index ETF | COMM | 0.120 |
BMO Global Consumer Discretionary Hedged to CAD Index ETF | DISC | 0.090 |
BMO Global Consumer Staples Hedged to CAD Index ETF | STPL | 0.140 |
BMO Global Infrastructure Index ETF | ZGI | 0.370 |
BMO Government Bond Index ETF | ZGB | 0.320 |
BMO High Quality Corporate Bond Index ETF | ZQB | 0.250 |
BMO Japan Index ETF | ZJPN | 0.160 |
BMO Japan Index ETF (Hedged Units) | ZJPN.F | 0.190 |
BMO Long-Term US Treasury Bond Index ETF | ZTL | 0.290 |
BMO Long-Term US Treasury Bond Index ETF (Hedged Units) | ZTL.F | 0.300 |
BMO Long-Term US Treasury Bond Index ETF (USD Units)* | ZTL.U | 0.280 |
BMO Mid-Term US Treasury Bond Index ETF | ZTM | 0.340 |
BMO Mid-Term US Treasury Bond Index ETF (USD Units)* | ZTM.U | 0.320 |
BMO MSCI ACWI Paris Aligned Climate Equity Index ETF | ZGRN | 0.130 |
BMO MSCI All Country World High Quality Index ETF | ZGQ | 0.150 |
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 | 0.220 |
BMO MSCI EAFE Hedged to CAD Index ETF | ZDM | 0.200 |
BMO MSCI EAFE High Quality Index ETF | ZIQ | 0.110 |
BMO MSCI EAFE Index ETF | ZEA | 0.160 |
BMO MSCI Europe High Quality Hedged to CAD Index ETF | ZEQ | 0.140 |
BMO MSCI Global Selection Equity Index ETF | ESGG | 0.150 |
BMO MSCI USA Selection Equity Index ETF | ESGY | 0.110 |
BMO MSCI USA Selection Equity Index ETF (Hedged Units) | ESGY.F | 0.110 |
BMO MSCI USA High Quality Index ETF | ZUQ | 0.120 |
BMO MSCI USA High Quality Index ETF (Hedged Units) | ZUQ.F | 0.080 |
BMO MSCI USA High Quality Index ETF (USD Units)* | ZUQ.U | 0.080 |
BMO MSCI USA Value Index ETF | ZVU | 0.160 |
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 | 0.390 |
BMO S&P/TSX Capped Composite Index ETF | ZCN | 0.230 |
BMO S&P US Mid Cap Index ETF | ZMID | 0.130 |
BMO S&P US Mid Cap Index ETF (Hedged Units) | ZMID.F | 0.130 |
BMO S&P US Mid Cap Index ETF (USD Units)* | ZMID.U | 0.130 |
BMO S&P US Small Cap Index ETF | ZSML | 0.140 |
BMO S&P US Small Cap Index ETF (Hedged Units) | ZSML.F | 0.130 |
BMO S&P US Small Cap Index ETF (USD Units)* | ZSML.U | 0.140 |
BMO Short-Term Bond Index ETF | ZSB | 0.370 |
BMO Short-Term US TIPS Index ETF | ZTIP | 0.300 |
BMO Short-Term US TIPS Index ETF (Hedged Units) | ZTIP.F | 0.260 |
BMO Short-Term US TIPS Index ETF (USD Units)* | ZTIP.U | 0.260 |
BMO Short-Term US Treasury Bond Index ETF | ZTS | 0.300 |
BMO Short-Term US Treasury Bond Index ETF (USD Units)* | ZTS.U | 0.300 |
BMO US TIPS Index ETF | TIPS | 0.270 |
BMO US TIPS Index ETF (Hedged Units) | TIPS.F | 0.280 |
BMO US TIPS Index ETF (USD Units)* | TIPS.U | 0.270 |
BMO All-Equity ETF | ZEQT | 0.220 |
BMO Balanced ESG ETF | ZESG | 0.180 |
BMO Balanced ETF | ZBAL | 0.220 |
BMO Conservative ETF | ZCON | 0.220 |
BMO Corporate Discount Bond ETF | ZCDB | 0.140 |
BMO Global Agriculture ETF | ZEAT | 0.130 |
BMO Growth ETF | ZGRO | 0.220 |
BMO Long Short Canadian Equity ETF | ZLSC | 0.200 |
BMO Long Short US Equity ETF | ZLSU | 0.120 |
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 Accelerator Hedged to CAD ETF | ZUEA | 0.047 |
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 |
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 | TICKER | REINVESTED |
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 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, TIPS.U, and ZLU.U.
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 are subject to change and/or elimination.
BMO ETFs are managed by BMO Asset Management Inc., which is 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., which is 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 eighth largest bank in?North America?by assets, with total assets of?$1.5 trillion as of?January 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**
What factors contributed to the distribution amounts for the BMO Japan Index ETF ZJPN:CC listed in the March 2025 announcements, considering its relatively low cash distribution compared to other ETFs?
How does BMO manage its ETFs, such as the BMO Japan Index ETF ZJPN:CC, to adapt to market conditions that may influence future distributions and investor returns?
With the recent cash and reinvested distributions announced for March 2025, how does the performance of the BMO Japan Index ETF ZJPN:CC compare to similar funds in its category?
What investment strategies does BMO employ for ETFs like the BMO Japan Index ETF ZJPN:CC to maximize returns for unitholders, especially in varying economic climates?
**MWN-AI FAQ is based on asking OpenAI questions about Bmo Low Volatility Us Equity Etf (TSXC: ZLU:CC).
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