Overview
Price & Performance
Tax & Distributions
Download Distribution History (Excel)
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(Excel)
Holdings & Allocations
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Fund Profile
Key Facts
| Fund Ticker | ZWH.U |
|---|---|
| Net Assets (Mn) (Nov 30, 2020) |
$ 58.12 |
| Base Currency | USD |
| Closing Market Price | $ 21.14 |
| 12-Month Low/High (Market Price) | $ 13.90 / $ 22.90 |
| Closing NAV Price (Nov 30, 2020) |
$ 21.1352 |
| 12-Month Low/High (Price (NAV)) | $ 13.9018 / $ 22.9388 |
| Annualized Distribution Yield (Nov 20, 2020) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. |
6.60% |
| Swap Fee | - |
| Counterparty Exposure | - |
| Maximum Annual Management Fee | 0.65% |
| Management Expense Ratio | 0.72% |
| Market Volume | 8,172 |
| Distribution Frequency | Monthly |
| Options Available | No |
| Inception Date | Feb 12, 2015 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 2,750 |
| Index | - |
| Market Cap ($Bn) (Oct 30, 2020) |
7,706.08 |
| Exchange | TSX |
| CUSIP | 05579F114 |
| Eligibility | RRSP/RRIF/RESP/DPSP/TFSA |
Portfolio Strategy
BMO US High Dividend Covered Call ETF (US Dollar Units) has been designed to provide exposure to a dividend focused portfolio, while earning call option premiums. The underlying portfolio is yield-weighted and broadly diversified across sectors. The Fund screens for securities for dividend growth, sustainability, and option liquidity. The Fund also dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's implied volatility. The option premium provides limited downside protection. The underlying portfolio is re-balanced to maintain broad sector diversification and options are rolled forward upon expiry. In addition, ZWH may hold other underlying ETFs, the management fees charged are reduced by management fees paid on the underlying ETFs, thereby avoiding duplication of the management fees. The ETF trades in US dollars on the TSX.
Fund Benefits
- Designed for investors looking for higher income from equity portfolios
- Invested in a diversified portfolio of high dividend U.S. companies
- Call option writing reduces volatility
- Further diversification from U.S. currency
- Purchased in U.S. currency
- Professionally managed by BMO Global Asset Management
Risk Rating
- Low
- Low to Medium
- Medium
- Medium to High
- High
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Performance Chart
Growth of 10,000
Performance Details
| Fund Total Assets ($Mn) (Nov 30, 2020) |
$ 58.12 |
|---|---|
| Market Price | $ 21.14 |
| 12-Month Low/High (Market Price) | $ 13.90 / $ 22.90 |
| Price (NAV) | $ 21.1352 |
| 12-Month Low/High (Price (NAV)) | $ 13.9018 / $ 22.9388 |
| Distribution Frequency | Monthly |
Daily Prices
| Unit Price as of (Nov 30, 2020) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 21.14 | $ -0.24 | -1.12% |
| Price (NAV) | $ 21.1352 | $ -0.1924 | -0.90% |
Performance
Annualized Performance
Calendar Performance
Cumulative Performance
Annualized Performance (%) for period ending: Oct 30, 2020
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | -8.45% | 1.74% | 1.34% | 5.06% | - | 4.94% |
| Index | - | - | - | - | - | - |
| Oct 30, 2020 |
Calendar Year Performance (%) for period ending: Oct 30, 2020
| YTD | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|
| NAV | -12.21% | 22.65% | -7.26% | 12.96% | 13.58% | 2.85% |
| Index | - | - | - | - | - | - |
| Oct 30, 2020 |
Cumulative Performance (%) for period ending: Oct 30, 2020
| YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | -12.21% | -2.04% | 1.88% | 9.02% | -8.45% | 3.52% | 4.07% | 27.98% | - | 31.75% |
| Index | - | - | - | - | - | - | - | - | - | - |
| Oct 30, 2020 |
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Distribution History
| Distribution Period Future distribution dates may change without any prior notice. | Ex-Dividend Date | Record Date | Pay Date | Cash Distribution Per Unit | Reinvested Distribution Per Unit Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held. | Total Distribution Per Unit |
|---|---|---|---|---|---|---|
| Jan, 2020 | Jan 29, 2020 | Jan 30, 2020 | Feb 04, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Feb, 2020 | Feb 26, 2020 | Feb 27, 2020 | Mar 03, 2020 | 0.110000 | 0.000000 | 0.110000 |
| Mar, 2020 | Mar 27, 2020 | Mar 30, 2020 | Apr 02, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Apr, 2020 | Apr 28, 2020 | Apr 29, 2020 | May 04, 2020 | 0.115000 | 0.000000 | 0.115000 |
| May, 2020 | May 27, 2020 | May 28, 2020 | Jun 02, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Jun, 2020 | Jun 26, 2020 | Jun 29, 2020 | Jul 06, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Jul, 2020 | Jul 29, 2020 | Jul 30, 2020 | Aug 05, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Aug, 2020 | Aug 27, 2020 | Aug 28, 2020 | Sep 02, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Sep, 2020 | Sep 28, 2020 | Sep 29, 2020 | Oct 02, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Oct, 2020 | Oct 28, 2020 | Oct 29, 2020 | Nov 03, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Nov, 2020 | Nov 27, 2020 | Nov 30, 2020 | Dec 03, 2020 | 0.115000 | 0.000000 | 0.115000 |
| Dec, 2020 | Dec 29, 2020 | Dec 30, 2020 | Jan 05, 2021 | - | - | - |
| Year to Date | 1.260000 | 0.000000 | 1.260000 |
| Distribution Period | Eligible Dividends | Non Eligible Dividends | Other Income | Capital Gains | Return of Capital | Foreign Income | Foreign Tax Paid | Total Distribution per Unit for Tax Purpose The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution. |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - |
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Daily Holdings
As of Nov 30, 2020
Stock
101.08%
Cash and Cash Equivalents
-1.08%
Number of Holdings
82
Total Net Assets
$ 58,121,828.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Bloomberg Ticker | Number of Shares | Currency | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|
| 4.38% | DOW INC | US2605571031 | DOW | 559,715 | USD | 38,533,068 | Materials | Stock |
| 4.38% | INTERNATIONAL PAPER CO | US4601461035 | IP | 600,562 | USD | 38,591,920 | Materials | Stock |
| 4.29% | METLIFE INC | US59156R1086 | MET | 629,833 | USD | 37,765,403 | Financials | Stock |
| 3.97% | PRUDENTIAL FINANCIAL INC | US7443201022 | PRU | 355,745 | USD | 34,936,896 | Financials | Stock |
| 3.79% | PPL CORP | US69351T1060 | PPL | 904,414 | USD | 33,381,065 | Utilities | Stock |
| 3.74% | BROADCOM INC | US11135F1012 | AVGO | 63,052 | USD | 32,883,632 | Information Technology | Stock |
| 3.72% | ABBVIE INC | US00287Y1091 | ABBV | 241,390 | USD | 32,785,118 | Health Care | Stock |
| 3.68% | PFIZER INC | US7170811035 | PFE | 651,642 | USD | 32,421,273 | Health Care | Stock |
| 3.53% | INTERNATIONAL BUSINESS MACHINES CORP | US4592001014 | IBM | 193,837 | USD | 31,094,445 | Information Technology | Stock |
| 3.52% | UNITED PARCEL SERVICE INC | US9113121068 | UPS | 139,450 | USD | 30,981,413 | Industrials | Stock |
| 3.42% | SOUTHERN CO/THE | US8425871071 | SO | 387,345 | USD | 30,107,240 | Utilities | Stock |
| 3.37% | AT&T INC | US00206R1023 | T | 793,670 | USD | 29,633,753 | Communication Services | Stock |
| 3.35% | WELLS FARGO & CO | US9497461015 | WFC | 829,761 | USD | 29,472,650 | Financials | Stock |
| 3.18% | TRUIST FINANCIAL CORP | US89832Q1094 | TFC | 463,650 | USD | 27,951,443 | Financials | Stock |
| 3.13% | VERIZON COMMUNICATIONS INC | US92343V1044 | VZ | 350,657 | USD | 27,510,608 | Communication Services | Stock |
| 3.09% | QUALCOMM INC | US7475251036 | QCOM | 142,320 | USD | 27,201,576 | Information Technology | Stock |
| 3.00% | EATON CORP PLC | IE00B8KQN827 | ETN | 167,637 | USD | 26,366,879 | Industrials | Stock |
| 2.98% | JPMORGAN CHASE & CO | US46625H1005 | JPM | 171,229 | USD | 26,213,577 | Financials | Stock |
| 2.90% | CATERPILLAR INC | US1491231015 | CAT | 113,369 | USD | 25,558,058 | Industrials | Stock |
| 2.81% | SYSCO CORP | US8718291078 | SYY | 267,566 | USD | 24,772,417 | Consumer Staples | Stock |
| 2.52% | PUBLIC STORAGE | US74460D1090 | PSA | 76,071 | USD | 22,175,168 | Real Estate | Stock |
| 2.42% | TARGET CORP | US87612E1064 | TGT | 91,422 | USD | 21,315,552 | Consumer Discretionary | Stock |
| 2.37% | MERCK & CO INC | US58933Y1055 | MRK | 199,772 | USD | 20,856,695 | Health Care | Stock |
| 2.22% | COMCAST CORP | US20030N1019 | CMCSA | 299,921 | USD | 19,568,852 | Communication Services | Stock |
| 2.19% | VENTAS INC | US92276F1003 | VTR | 310,335 | USD | 19,309,266 | Real Estate | Stock |
| 2.16% | CVS HEALTH CORP | US1266501006 | CVS | 215,726 | USD | 18,992,274 | Health Care | Stock |
| 2.11% | MICROSOFT CORP | US5949181045 | MSFT | 66,790 | USD | 18,568,469 | Information Technology | Stock |
| 2.10% | PROCTER & GAMBLE CO/THE | US7427181091 | PG | 102,694 | USD | 18,520,911 | Consumer Staples | Stock |
| 2.06% | CISCO SYSTEMS INC | US17275R1023 | CSCO | 325,263 | USD | 18,172,468 | Information Technology | Stock |
| 2.02% | MCDONALD'S CORP | US5801351017 | MCD | 62,852 | USD | 17,748,734 | Consumer Discretionary | Stock |
| 1.95% | HOME DEPOT INC/THE | US4370761029 | HD | 47,584 | USD | 17,143,200 | Consumer Discretionary | Stock |
| 1.77% | VALERO ENERGY CORP | US91913Y1001 | VLO | 223,266 | USD | 15,590,910 | Energy | Stock |
| 1.70% | LOCKHEED MARTIN CORP | US5398301094 | LMT | 31,531 | USD | 14,946,498 | Industrials | Stock |
| 1.66% | CHEVRON CORP | US1667641005 | CVX | 129,407 | USD | 14,651,547 | Energy | Stock |
| 1.40% | INTEL CORP | US4581401001 | INTC | 196,680 | USD | 12,349,959 | Information Technology | Stock |
| 0.20% | VIATRIS INC | US92556V1061 | VTRS | 80,852 | USD | 1,766,142 | Health Care | Stock |
| 0.00% | PPL CORP | - | - | -2,700 | USD | -24,545 | - | Cash and Cash Equivalents |
| 0.00% | AT&T INC 27Nov2020 30 CALL | - | T 11 C30 | -2,000 | USD | -2,597 | - | Cash and Cash Equivalents |
| 0.00% | AT&T INC 04Dec2020 29.5 CALL | - | T 12 C29.5 | -2,000 | USD | -12,987 | - | Cash and Cash Equivalents |
| 0.00% | UNITED PARCEL SERVICE INC 11Dec2020 185 CALL | - | UPS 12 C185 | -800 | USD | -31,169 | - | Cash and Cash Equivalents |
| 0.00% | VERIZON COMMUNICATIONS INC 18Dec2020 62.5 CALL | - | VZ 12 C62.5 | -1,900 | USD | -41,948 | - | Cash and Cash Equivalents |
| 0.00% | HOME DEPOT INC/THE 18Dec2020 310 CALL | - | HD 12 C310 | -270 | USD | -5,961 | - | Cash and Cash Equivalents |
| 0.00% | TRUIST FINANCIAL CORP 18Dec2020 55 CALL | - | TFC 12 C55 | -500 | USD | -3,247 | - | Cash and Cash Equivalents |
| 0.00% | SOUTHERN CO/THE 18Dec2020 67.5 CALL | - | SO 12 C67.5 | -2,000 | USD | -7,792 | - | Cash and Cash Equivalents |
| 0.00% | VALERO ENERGY CORP 18Dec2020 65 CALL | - | VLO 12 C65 | -1,100 | USD | -35,714 | - | Cash and Cash Equivalents |
| 0.00% | CATERPILLAR INC 18Dec2020 190 CALL | - | CAT 12 C190 | -600 | USD | -38,182 | - | Cash and Cash Equivalents |
| 0.00% | CISCO SYSTEMS INC 18Dec2020 45 CALL | - | CSCO 12 C45 | -1,400 | USD | -38,182 | - | Cash and Cash Equivalents |
| 0.00% | LOCKHEED MARTIN CORP 18Dec2020 405 CALL | - | LMT 12 C405 | -170 | USD | -7,727 | - | Cash and Cash Equivalents |
| 0.00% | PROCTER & GAMBLE CO/THE 18Dec2020 145 CALL | - | PG 12 C145 | -600 | USD | -35,065 | - | Cash and Cash Equivalents |
| 0.00% | SYSCO CORP 18Dec2020 80 CALL | - | SYY 12 C80 | -1,400 | USD | -36,364 | - | Cash and Cash Equivalents |
| 0.00% | VENTAS INC 18Dec2020 55 CALL | - | VTR 12 C55 | -1,000 | USD | -15,584 | - | Cash and Cash Equivalents |
| 0.00% | CVS HEALTH CORP 18Dec2020 72.5 CALL | - | CVS 12 C72.5 | -1,100 | USD | -41,429 | - | Cash and Cash Equivalents |
| 0.00% | DOW INC 18Dec2020 60 CALL | - | DOW 12 C60 | -1,300 | USD | -18,571 | - | Cash and Cash Equivalents |
| 0.00% | MERCK & CO INC 24Dec2020 86 CALL | - | MRK 12 C86 | -1,000 | USD | -24,675 | - | Cash and Cash Equivalents |
| 0.00% | MICROSOFT CORP 18Dec2020 230 CALL | - | MSFT 12 C230 | -300 | USD | -28,831 | - | Cash and Cash Equivalents |
| 0.00% | QUALCOMM INC 18Dec2020 165 CALL | - | QCOM 12 C165 | -700 | USD | -41,818 | - | Cash and Cash Equivalents |
| 0.00% | INTERNATIONAL PAPER CO 18Dec2020 54 CALL | - | IP 12 C54 | -1,500 | USD | -29,221 | - | Cash and Cash Equivalents |
| 0.00% | MCDONALD'S CORP 24Dec2020 227.5 CALL | - | MCD 12 C227.5 | -300 | USD | -35,065 | - | Cash and Cash Equivalents |
| 0.00% | METLIFE INC 31Dec2020 52.5 CALL | - | MET 12 C52.5 | -1,300 | USD | -37,143 | - | Cash and Cash Equivalents |
| -0.01% | INTEL CORP 18Dec2020 50 CALL | - | INTC 12 C50 | -1,000 | USD | -80,519 | - | Cash and Cash Equivalents |
| -0.01% | DOW INC 18Dec2020 57.5 CALL | - | DOW 12 C57.5 | -1,500 | USD | -64,286 | - | Cash and Cash Equivalents |
| -0.01% | CHEVRON CORP 18Dec2020 95 CALL | - | CVX 12 C95 | -700 | USD | -59,091 | - | Cash and Cash Equivalents |
| -0.01% | INTERNATIONAL PAPER CO 24Dec2020 54 CALL | - | IP 12 C54 | -1,400 | USD | -63,636 | - | Cash and Cash Equivalents |
| -0.01% | COMCAST CORP 18Dec2020 52.5 CALL | - | CMCSA 12 C52.5 | -1,500 | USD | -75,974 | - | Cash and Cash Equivalents |
| -0.01% | JPMORGAN CHASE & CO 18Dec2020 125 CALL | - | JPM 12 C125 | -900 | USD | -106,364 | - | Cash and Cash Equivalents |
| -0.01% | METLIFE INC 18Dec2020 50 CALL | - | MET 12 C50 | -1,500 | USD | -54,545 | - | Cash and Cash Equivalents |
| -0.01% | PPL CORP 15Jan2021 31 CALL | - | PPL 1 C31 | -1,900 | USD | -49,351 | - | Cash and Cash Equivalents |
| -0.01% | PRUDENTIAL FINANCIAL INC 18Dec2020 80 CALL | - | PRU 12 C80 | -900 | USD | -75,974 | - | Cash and Cash Equivalents |
| -0.01% | TRUIST FINANCIAL CORP 18Dec2020 50 CALL | - | TFC 12 C50 | -1,800 | USD | -95,844 | - | Cash and Cash Equivalents |
| -0.01% | EATON CORP PLC 18Dec2020 126 CALL | - | ETN 12 C126 | -900 | USD | -119,805 | - | Cash and Cash Equivalents |
| -0.01% | PFIZER INC 18Dec2020 42 CALL | - | PFE 12 C42 | -1,500 | USD | -89,610 | - | Cash and Cash Equivalents |
| -0.01% | PUBLIC STORAGE 15Jan2021 240 CALL | - | PSA 1 C240 | -400 | USD | -77,922 | - | Cash and Cash Equivalents |
| -0.02% | METLIFE INC 27Nov2020 45 CALL | - | MET 11 C45 | -650 | USD | -217,792 | - | Cash and Cash Equivalents |
| -0.02% | PFIZER INC | - | - | -1,800 | USD | -135,584 | - | Cash and Cash Equivalents |
| -0.02% | BROADCOM INC 18Dec2020 430 CALL | - | AVGO 12 C430 | -320 | USD | -170,389 | - | Cash and Cash Equivalents |
| -0.02% | TARGET CORP 18Dec2020 185 CALL | - | TGT 12 C185 | -500 | USD | -140,909 | - | Cash and Cash Equivalents |
| -0.02% | WELLS FARGO & CO 18Dec2020 27.5 CALL | - | WFC 12 C27.5 | -1,200 | USD | -135,584 | - | Cash and Cash Equivalents |
| -0.02% | INTERNATIONAL BUSINESS MACHINE 18Dec2020 127 CALL | - | IBM 12 C127 | -800 | USD | -141,299 | - | Cash and Cash Equivalents |
| -0.03% | PRUDENTIAL FINANCIAL INC 18Dec2020 75 CALL | - | PRU 12 C75 | -900 | USD | -292,207 | - | Cash and Cash Equivalents |
| -0.08% | WELLS FARGO & CO 18Dec2020 25 CALL | - | WFC 12 C25 | -2,000 | USD | -667,532 | - | Cash and Cash Equivalents |
| -0.10% | ABBVIE INC 18Dec2020 100 CALL | - | ABBV 12 C100 | -1,300 | USD | -908,311 | - | Cash and Cash Equivalents |
| -0.58% | CASH | - | - | 1 | CAD | -5,114,900 | - | Cash and Cash Equivalents |
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Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.
The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.