BMO Announces Cash Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for July 2025
MWN-AI** Summary
BMO Asset Management Inc. has announced cash distributions for certain BMO Exchange-Traded Funds (ETFs) and the ETF Series of BMO Mutual Funds for July 2025. Unitholders of record on July 30, 2025, will receive these distributions, payable on August 5, 2025. The disclosure includes various ETFs providing monthly distributions, with clear per unit cash distribution amounts outlined for each fund.
For instance, the BMO Aggregate Bond Index ETF (ZAG) offers a monthly distribution of $0.040, while the BMO Canadian MBS Index ETF (ZMBS) distributes $0.060. Other notable distributions include the BMO Equal Weight Banks Index ETF (ZEB) at $0.145 and the BMO US Dividend ETF (ZDY) with a distribution of $0.070. Each ETF's specific monthly cash distribution details are available, showing a diverse range of offerings that span various investment sectors, including bonds, equities, and REITs (Real Estate Investment Trusts).
It is important to note that all BMO ETFs and ETF Series of Mutual Funds are subject to risks and that distributions are not guaranteed, potentially subject to change or elimination. Investors are encouraged to review the applicable ETF Facts document or prospectus before making investment decisions.
BMO Financial Group stands as one of North America's largest banks, showcasing a wide array of products and services across personal and commercial banking, wealth management, and investment banking to a customer base of 13 million. The bank's long-standing purpose is to foster positive change while contributing to a thriving, sustainable economy. Further information about the cash distributions can be found on the BMO ETFs website.
MWN-AI** Analysis
BMO's recent announcement regarding cash distributions for its ETFs and mutual funds for July 2025 provides valuable insights for investors focusing on income-generating assets. The scheduled distributions, notably the upcoming payouts on August 5, 2025, will influence strategy for both existing and potential investors in these instruments.
The diverse range of ETFs, from the BMO Aggregate Bond Index ETF (ZAG) with a monthly distribution of $0.040, to the BMO Covered Call Energy ETF (ZWEN) yielding $0.220, reflects the firm’s holistic approach to capturing various market segments. Investors should consider their own risk tolerance and income needs when choosing among these options. For instance, the covered call ETFs—like the BMO Covered Call Technology ETF (ZWT) with a distribution of $0.220—may appeal to those seeking enhanced yields through option writing strategies, albeit with associated risks.
It's noteworthy that while BMO is offering relatively robust distributions across various asset classes, investors must be mindful of the underlying risks. Distributions are not guaranteed and can be impacted by market conditions. This highlights the importance of conducting thorough due diligence on each ETF's performance, fees, and market dynamics.
Moreover, those considering foreign exposure via the USD-denominated units should keep currency risk in mind, especially in fluctuating exchange environments. As the interest rate landscape evolves, particularly in response to central bank policies, investors may find sectors such as utilities and bonds more or less appealing over the near term.
In summary, while BMO’s July 2025 distributions indicate a commendable attempt to return value to unitholders, a tailored investment approach considering individual goals, market conditions, and potential risks will be crucial for optimizing returns in this diversified landscape.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
TORONTO , July 23, 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 July 2025 cash 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, 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 July 30, 2025 , will receive cash distributions payable on August 05, 2025 .
The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is July 30, 2025 .
Details of the per unit cash distribution amount are as follows:
Monthly Distributions
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 | 0.090 |
BMO High Yield US Corporate Bond Index ETF (USD Units)* | ZJK.U | 0.085 |
BMO Laddered Preferred Share Index ETF | ZPR | 0.050 |
BMO Laddered Preferred Share Index ETF (USD Units)* | ZPR.U | 0.080 |
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 | 0.155 |
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 | 0.112 |
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 | 0.100 |
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 |
*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, and ZPW.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 seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 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 influenced the cash distribution amounts for BMO Laddered Preferred Share Index ETF ZPR.U:CC in the July 2025 announcement, and how do they compare to historical distributions?
Can you provide insights into the investment strategies behind BMO Laddered Preferred Share Index ETF ZPR.U:CC that support its cash distribution levels?
How does the cash distribution for BMO Laddered Preferred Share Index ETF ZPR.U:CC align with the overall performance and objectives of BMO's ETF portfolio?
What risks should investors consider when investing in BMO Laddered Preferred Share Index ETF ZPR.U:CC, especially in light of its cash distribution trends and market conditions?
**MWN-AI FAQ is based on asking OpenAI questions about Bmo Premium Yield Etf (TSXC: ZPAY.F:CC).
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