Overview
Price & Performance
Tax & Distributions
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(Excel)
Holdings & Allocations
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Fund Profile
Key Facts
| Fund Ticker | ZWH.U |
|---|---|
|
Net Assets (Mn) (May 29, 2023) |
$ 75.75 |
| Base Currency | USD |
| Closing Market Price | $ 21.83 |
| 12-Month Low/High (Market Price) | $ 19.88 / $ 23.60 |
|
Closing NAV Price (May 29, 2023) |
$ 21.6431 |
| 12-Month Low/High (Price (NAV)) | $ 19.8130 / $ 23.6764 |
|
Annualized Distribution Yield (May 19, 2023) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. Footnote |
6.29% |
| Swap Fee | - |
| Counterparty Exposure | - |
| Maximum Annual Management Fee | 0.65% |
| Management Expense Ratio | 0.72% |
| Market Volume | 2,458 |
| Distribution Frequency | Monthly |
| Options Available | No |
| Inception Date | Feb 12, 2015 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 3,500 |
| Index | - |
|
Market Cap ($Bn) (Apr 28, 2023) |
15,436.95 |
| 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 utilizes a rules-based methodology that considers dividend growth rate, yield, payout ratio and 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
Download
Performance Chart
Growth of 10,000
Chart comparing growth of $10,000. From START_DATE to END_DATE. Comparing FUND_1 and FUND_2. For more details, email [email protected] or call 1-800-361-1392.
Performance Details
| Fund Total Assets ($Mn) (May 29, 2023) |
$ 75.75 |
|---|---|
| Market Price | $ 21.83 |
| 12-Month Low/High (Market Price) | $ 19.88 / $ 23.60 |
| Price (NAV) | $ 21.6431 |
| 12-Month Low/High (Price (NAV)) | $ 19.8130 / $ 23.6764 |
| Distribution Frequency | Monthly |
Daily Prices
| Unit Price as of (May 29, 2023) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 21.83 | $ 0.14 | 0.65% |
| Price (NAV) | $ 21.6431 | $ -0.0363 | -0.17% |
Performance
Annualized Performance
Calendar Performance
Cumulative Performance
Annualized Performance (%) for period ending: Apr 28, 2023
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | 3.06% | 3.50% | 14.90% | 7.50% | - | 7.66% |
| Index | - | - | - | - | - | - |
| Apr 28, 2023 |
Calendar Year Performance (%) for period ending: Apr 28, 2023
| YTD | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| NAV | 2.51% | -6.60% | 24.91% | 2.14% | 22.65% | -7.26% | 12.96% | 13.58% | 2.85% |
| Index | - | - | - | - | - | - | - | - | - |
| Apr 28, 2023 |
Cumulative Performance (%) for period ending: Apr 28, 2023
| YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | 2.51% | 1.22% | 0.85% | 5.97% | 3.06% | 7.11% | 51.68% | 43.59% | - | 83.31% |
| Index | - | - | - | - | - | - | - | - | - | - |
| Apr 28, 2023 |
Download
Distribution History
| Distribution Period Future distribution dates may change without any prior notice. Footnote | 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. Footnote | Total Distribution Per Unit |
|---|---|---|---|---|---|---|
| Jan, 2023 | Jan 27, 2023 | Jan 30, 2023 | Feb 02, 2023 | 0.115000 | - | 0.115000 |
| Feb, 2023 | Feb 24, 2023 | Feb 27, 2023 | Mar 02, 2023 | 0.115000 | - | 0.115000 |
| Mar, 2023 | Mar 29, 2023 | Mar 30, 2023 | Apr 04, 2023 | 0.115000 | - | 0.115000 |
| Apr, 2023 | Apr 26, 2023 | Apr 27, 2023 | May 02, 2023 | 0.115000 | - | 0.115000 |
| May, 2023 | May 30, 2023 | May 31, 2023 | Jun 05, 2023 | 0.105000 | - | 0.105000 |
| Jun, 2023 | Jun 28, 2023 | Jun 29, 2023 | Jul 05, 2023 | - | - | - |
| Jul, 2023 | Jul 27, 2023 | Jul 28, 2023 | Aug 02, 2023 | - | - | - |
| Aug, 2023 | Aug 29, 2023 | Aug 30, 2023 | Sep 05, 2023 | - | - | - |
| Sep, 2023 | Sep 27, 2023 | Sep 28, 2023 | Oct 04, 2023 | - | - | - |
| Oct, 2023 | Oct 27, 2023 | Oct 30, 2023 | Nov 02, 2023 | - | - | - |
| Nov, 2023 | Nov 28, 2023 | Nov 29, 2023 | Dec 04, 2023 | - | - | - |
| Dec, 2023 | Dec 27, 2023 | Dec 28, 2023 | Jan 03, 2023 | - | - | - |
| Year to Date | 0.565000 | 0.000000 | 0.565000 |
| 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. Footnote |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - |
Download
Daily Holdings
As of May 29, 2023
Stock
100.10%
Cash and Cash Equivalents
-0.10%
Number of Holdings
80
Total Net Assets
$ 75,750,990.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Bloomberg Ticker | Number of Shares | Currency | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|
| 4.26% | MICROSOFT CORP | US5949181045 | MSFT | 103,447 | USD | 46,689,412 | Information Technology | Stock |
| 4.14% | HOME DEPOT INC/THE | US4370761029 | HD | 114,223 | USD | 45,349,441 | Consumer Discretionary | Stock |
| 4.07% | APPLE INC | US0378331005 | AAPL | 187,416 | USD | 44,558,854 | Information Technology | Stock |
| 4.07% | JPMORGAN CHASE & CO | US46625H1005 | JPM | 240,087 | USD | 44,546,144 | Financials | Stock |
| 4.06% | PFIZER INC | US7170811035 | PFE | 871,346 | USD | 44,484,950 | Health Care | Stock |
| 3.84% | ABBVIE INC | US00287Y1091 | ABBV | 225,058 | USD | 42,058,235 | Health Care | Stock |
| 3.82% | MERCK & CO INC | US58933Y1055 | MRK | 277,812 | USD | 41,893,846 | Health Care | Stock |
| 3.81% | COCA-COLA CO/THE | US1912161007 | KO | 510,099 | USD | 41,750,115 | Consumer Staples | Stock |
| 3.79% | BANK OF AMERICA CORP | US0605051046 | BAC | 1,083,648 | USD | 41,542,676 | Financials | Stock |
| 3.73% | PROCTER & GAMBLE CO/THE | US7427181091 | PG | 207,067 | USD | 40,890,911 | Consumer Staples | Stock |
| 3.56% | CISCO SYSTEMS INC | US17275R1023 | CSCO | 576,381 | USD | 38,977,967 | Information Technology | Stock |
| 3.42% | PEPSICO INC | US7134481081 | PEP | 150,216 | USD | 37,464,532 | Consumer Staples | Stock |
| 3.30% | INTERNATIONAL BUSINESS MACHINES CORP | US4592001014 | IBM | 206,471 | USD | 36,116,024 | Information Technology | Stock |
| 3.06% | EXXON MOBIL CORP | US30231G1022 | XOM | 235,918 | USD | 33,575,841 | Energy | Stock |
| 3.00% | CHEVRON CORP | US1667641005 | CVX | 157,556 | USD | 32,918,772 | Energy | Stock |
| 3.00% | UNITED PARCEL SERVICE INC | US9113121068 | UPS | 141,227 | USD | 32,846,048 | Industrials | Stock |
| 2.77% | MORGAN STANLEY | US6174464486 | MS | 267,391 | USD | 30,374,360 | Financials | Stock |
| 2.55% | VERIZON COMMUNICATIONS INC | US92343V1044 | VZ | 588,120 | USD | 27,941,097 | Communication Services | Stock |
| 2.54% | TEXAS INSTRUMENTS INC | US8825081040 | TXN | 116,496 | USD | 27,837,881 | Information Technology | Stock |
| 2.51% | COMCAST CORP | US20030N1019 | CMCSA | 514,462 | USD | 27,534,688 | Communication Services | Stock |
| 2.39% | ORACLE CORP | US68389X1054 | ORCL | 185,878 | USD | 26,236,137 | Information Technology | Stock |
| 2.27% | AMGEN INC | US0311621009 | AMGN | 84,459 | USD | 24,884,641 | Health Care | Stock |
| 2.26% | MCDONALD'S CORP | US5801351017 | MCD | 63,801 | USD | 24,772,349 | Consumer Discretionary | Stock |
| 2.17% | ACCENTURE PLC | IE00B4BNMY34 | ACN | 57,754 | USD | 23,754,351 | Information Technology | Stock |
| 2.12% | QUALCOMM INC | US7475251036 | QCOM | 155,355 | USD | 23,229,605 | Information Technology | Stock |
| 2.10% | METLIFE INC | US59156R1086 | MET | 328,263 | USD | 23,032,316 | Financials | Stock |
| 2.04% | PRUDENTIAL FINANCIAL INC | US7443201022 | PRU | 206,616 | USD | 22,406,910 | Financials | Stock |
| 2.04% | CATERPILLAR INC | US1491231015 | CAT | 77,820 | USD | 22,335,888 | Industrials | Stock |
| 2.01% | CVS HEALTH CORP | US1266501006 | CVS | 240,302 | USD | 22,054,466 | Health Care | Stock |
| 2.00% | LOCKHEED MARTIN CORP | US5398301094 | LMT | 36,014 | USD | 21,929,806 | Industrials | Stock |
| 1.96% | SOUTHERN CO/THE | US8425871071 | SO | 227,423 | USD | 21,455,918 | Utilities | Stock |
| 1.94% | LINDE PLC | IE000S9YS762 | LIN | 44,068 | USD | 21,287,343 | Materials | Stock |
| 1.88% | NEXTERA ENERGY INC | US65339F1012 | NEE | 205,817 | USD | 20,650,352 | Utilities | Stock |
| 1.84% | NIKE INC | US6541061031 | NKE | 138,430 | USD | 20,170,836 | Consumer Discretionary | Stock |
| 1.77% | TARGET CORP | US87612E1064 | TGT | 102,762 | USD | 19,356,509 | Consumer Staples | Stock |
| 0.00% | COCA-COLA CO/THE 02Jun2023 65 CALL | - | KO 6 C65 | -1,300 | USD | -1,766 | - | Cash and Cash Equivalents |
| 0.00% | MCDONALD'S CORP 02Jun2023 305 CALL | - | MCD 6 C305 | -300 | USD | -2,038 | - | Cash and Cash Equivalents |
| 0.00% | NEXTERA ENERGY INC 16Jun2023 85 CALL | - | NEE 6 C85 | -500 | USD | -2,038 | - | Cash and Cash Equivalents |
| 0.00% | COMCAST CORP 02Jun2023 43 CALL | - | CMCSA 6 C43 | -2,000 | USD | -2,717 | - | Cash and Cash Equivalents |
| 0.00% | PEPSICO INC 16Jun2023 200 CALL | - | PEP 6 C200 | -400 | USD | -2,717 | - | Cash and Cash Equivalents |
| 0.00% | TARGET CORP 16Jun2023 175 CALL | - | TGT 6 C175 | -500 | USD | -2,717 | - | Cash and Cash Equivalents |
| 0.00% | VERIZON COMMUNICATIONS INC 02Jun2023 39 CALL | - | VZ 6 C39 | -2,000 | USD | -2,717 | - | Cash and Cash Equivalents |
| 0.00% | QUALCOMM INC 02Jun2023 129 CALL | - | QCOM 6 C129 | -700 | USD | -3,804 | - | Cash and Cash Equivalents |
| 0.00% | PEPSICO INC 16Jun2023 195 CALL | - | PEP 6 C195 | -400 | USD | -5,977 | - | Cash and Cash Equivalents |
| 0.00% | UNITED PARCEL SERVICE INC 16Jun2023 190 CALL | - | UPS 6 C190 | -600 | USD | -6,113 | - | Cash and Cash Equivalents |
| 0.00% | VERIZON COMMUNICATIONS INC 16Jun2023 38 CALL | - | VZ 6 C38 | -900 | USD | -6,113 | - | Cash and Cash Equivalents |
| 0.00% | BANK OF AMERICA CORP 02Jun2023 31 CALL | - | BAC 6 C31 | -2,300 | USD | -6,249 | - | Cash and Cash Equivalents |
| 0.00% | SOUTHERN CO/THE 16Jun2023 75 CALL | - | SO 6 C75 | -1,100 | USD | -7,472 | - | Cash and Cash Equivalents |
| 0.00% | NIKE INC 23Jun2023 124 CALL | - | NKE 6 C124 | -700 | USD | -10,460 | - | Cash and Cash Equivalents |
| 0.00% | PROCTER & GAMBLE CO/THE 23Jun2023 157.5 CALL | - | PG 6 C157.5 | -1,000 | USD | -10,868 | - | Cash and Cash Equivalents |
| 0.00% | MERCK & CO INC 23Jun2023 121 CALL | - | MRK 6 C121 | -500 | USD | -11,547 | - | Cash and Cash Equivalents |
| 0.00% | MERCK & CO INC 23Jun2023 123 CALL | - | MRK 6 C123 | -900 | USD | -12,226 | - | Cash and Cash Equivalents |
| 0.00% | AMGEN INC 16Jun2023 235 CALL | - | AMGN 6 C235 | -400 | USD | -14,128 | - | Cash and Cash Equivalents |
| 0.00% | LINDE PLC 16Jun2023 390 CALL | - | LIN 6 C390 | -220 | USD | -17,185 | - | Cash and Cash Equivalents |
| 0.00% | COMCAST CORP 23Jun2023 42 CALL | - | CMCSA 6 C42 | -600 | USD | -17,932 | - | Cash and Cash Equivalents |
| 0.00% | CATERPILLAR INC 23Jun2023 235 CALL | - | CAT 6 C235 | -390 | USD | -22,782 | - | Cash and Cash Equivalents |
| 0.00% | BANK OF AMERICA CORP 09Jun2023 30 CALL | - | BAC 6 C30 | -2,100 | USD | -22,823 | - | Cash and Cash Equivalents |
| 0.00% | EXXON MOBIL CORP 23Jun2023 118 CALL | - | XOM 6 C118 | -1,100 | USD | -26,898 | - | Cash and Cash Equivalents |
| 0.00% | METLIFE INC 16Jun2023 57.5 CALL | - | MET 6 C57.5 | -900 | USD | -28,121 | - | Cash and Cash Equivalents |
| 0.00% | LOCKHEED MARTIN CORP 16Jun2023 470 CALL | - | LMT 6 C470 | -180 | USD | -30,566 | - | Cash and Cash Equivalents |
| 0.00% | ORACLE CORP 23Jun2023 114 CALL | - | ORCL 6 C114 | -400 | USD | -30,974 | - | Cash and Cash Equivalents |
| 0.00% | CVS HEALTH CORP 23Jun2023 74 CALL | - | CVS 6 C74 | -1,200 | USD | -32,604 | - | Cash and Cash Equivalents |
| 0.00% | NEXTERA ENERGY INC 21Jul2023 80 CALL | - | NEE 7 C80 | -500 | USD | -38,717 | - | Cash and Cash Equivalents |
| 0.00% | APPLE INC 16Jun2023 185 CALL | - | AAPL 6 C185 | -400 | USD | -40,212 | - | Cash and Cash Equivalents |
| 0.00% | COCA-COLA CO/THE 30Jun2023 62 CALL | - | KO 6 C62 | -1,300 | USD | -54,748 | - | Cash and Cash Equivalents |
| -0.01% | JPMORGAN CHASE & CO 23Jun2023 147 CALL | - | JPM 6 C147 | -1,200 | USD | -57,057 | - | Cash and Cash Equivalents |
| -0.01% | APPLE INC 23Jun2023 185 CALL | - | AAPL 6 C185 | -500 | USD | -62,491 | - | Cash and Cash Equivalents |
| -0.01% | HOME DEPOT INC/THE 16Jun2023 310 CALL | - | HD 6 C310 | -600 | USD | -73,359 | - | Cash and Cash Equivalents |
| -0.01% | PRUDENTIAL FINANCIAL INC 21Jul2023 90 CALL | - | PRU 7 C90 | -1,000 | USD | -74,717 | - | Cash and Cash Equivalents |
| -0.01% | PFIZER INC 30Jun2023 41 CALL | - | PFE 6 C41 | -3,000 | USD | -85,585 | - | Cash and Cash Equivalents |
| -0.01% | CHEVRON CORP 23Jun2023 165 CALL | - | CVX 6 C165 | -800 | USD | -92,378 | - | Cash and Cash Equivalents |
| -0.01% | PFIZER INC 23Jun2023 39 CALL | - | PFE 6 C39 | -1,400 | USD | -95,095 | - | Cash and Cash Equivalents |
| -0.01% | MORGAN STANLEY 23Jun2023 89 CALL | - | MS 6 C89 | -1,300 | USD | -105,963 | - | Cash and Cash Equivalents |
| -0.02% | INTERNATIONAL BUSINESS MACHINE 23Jun2023 133 CALL | - | IBM 6 C133 | -1,000 | USD | -167,095 | - | Cash and Cash Equivalents |
| -0.02% | CISCO SYSTEMS INC 23Jun2023 51 CALL | - | CSCO 6 C51 | -2,900 | USD | -256,077 | - | Cash and Cash Equivalents |
| -0.03% | ACCENTURE PLC 16Jun2023 305 CALL | - | ACN 6 C305 | -300 | USD | -303,625 | - | Cash and Cash Equivalents |
| -0.03% | ORACLE CORP 02Jun2023 100 CALL | - | ORCL 6 C100 | -500 | USD | -322,644 | - | Cash and Cash Equivalents |
| -0.03% | TEXAS INSTRUMENTS INC 16Jun2023 175 CALL | - | TXN 6 C175 | -500 | USD | -354,568 | - | Cash and Cash Equivalents |
| -0.04% | MICROSOFT CORP 16Jun2023 335 CALL | - | MSFT 6 C335 | -500 | USD | -456,456 | - | Cash and Cash Equivalents |
| 0.17% | CASH | - | - | 1 | CAD | 1,833,992 | - | Cash and Cash Equivalents |
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Holdings Breakdown
Sector Allocation
has a donut chart divided into 10 ranges. Ranges are: 24.36%, Information Technology.15.07%, Health Care.14.65%, Financials.11.09%, Consumer Staples.10.67%, Consumer Discretionary.6.87%, Industrials.5.83%, Energy.5.55%, Communication Services.3.95%, Utilities.1.97%, Materials.
Geographic Allocation
has a donut chart divided into 1 range. The range is: 100%, United States.
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.