Overview
Price & Performance
Tax & Distributions
Download Distribution History (Excel)
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(Excel)
Holdings & Allocations
Download Holdings (Excel)
Fund Profile
Key Facts
| Fund Ticker | ZWU |
|---|---|
|
Net Assets (Mn) (Aug 15, 2022) |
$ 1,743.92 |
| Base Currency | CAD |
| Closing Market Price | $ 12.99 |
| 12-Month Low/High (Market Price) | $ 12.21 / $ 13.83 |
|
Closing NAV Price (Aug 15, 2022) |
$ 13.0026 |
| 12-Month Low/High (Price (NAV)) | $ 12.1307 / $ 13.8165 |
|
Annualized Distribution Yield (Aug 05, 2022) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. Footnote |
7.56% |
| Swap Fee | - |
| Counterparty Exposure | - |
| Maximum Annual Management Fee | 0.65% |
| Management Expense Ratio | 0.71% |
| Market Volume | 628,328 |
| Distribution Frequency | Monthly |
| Options Available | No |
| Inception Date | Oct 20, 2011 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 134,121 |
| Index | - |
|
Market Cap ($Bn) (Jul 29, 2022) |
1,457.16 |
| Exchange | TSX |
| CUSIP | 05590N104 |
| Eligibility | RRSP/RRIF/RESP/DPSP/TFSA |
Portfolio Strategy
BMO Covered Call Utilities ETF has been designed to provide exposure to an equal weight portfolio of utilities, telecoms and pipeline companies, while earning call option premiums. The call options are written out of the money, selected based on the option's implied volatility, and are written in proportion to the securities weight. The option premium provides limited downside protection. The underlying portfolio is rebalanced in June and reconstituted in December. Options are rolled forward upon expiry. In addition, as ZWU is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.
Fund Benefits
- Designed for investors looking for higher income from equity portfolios
- Invested in a diversified portfolio of utilities, including telecommunications and pipeline companies
- Call option writing reduces volatility
- 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) (Aug 15, 2022) |
$ 1,743.92 |
|---|---|
| Market Price | $ 12.99 |
| 12-Month Low/High (Market Price) | $ 12.21 / $ 13.83 |
| Price (NAV) | $ 13.0026 |
| 12-Month Low/High (Price (NAV)) | $ 12.1307 / $ 13.8165 |
| Distribution Frequency | Monthly |
Daily Prices
| Unit Price as of (Aug 15, 2022) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 12.99 | $ 0.04 | 0.31% |
| Price (NAV) | $ 13.0026 | $ 0.0394 | 0.30% |
Performance
Annualized Performance
Calendar Performance
Cumulative Performance
Annualized Performance (%) for period ending: Jul 29, 2022
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | 7.37% | 12.06% | 6.67% | 5.79% | 5.38% | 5.47% |
| Index | - | - | - | - | - | - |
| Jul 29, 2022 |
Calendar Year Performance (%) for period ending: Jul 29, 2022
| YTD | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | 4.43% | 15.77% | -7.11% | 23.40% | -5.59% | 5.68% | 19.52% | -15.24% | 14.39% | 1.63% |
| Index | - | - | - | - | - | - | - | - | - | - |
| Jul 29, 2022 |
Cumulative Performance (%) for period ending: Jul 29, 2022
| YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | 4.43% | 2.91% | 0.83% | 3.42% | 7.37% | 25.57% | 21.37% | 32.53% | 68.95% | 77.56% |
| Index | - | - | - | - | - | - | - | - | - | - |
| Jul 29, 2022 |
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, 2022 | Jan 27, 2022 | Jan 28, 2022 | Feb 02, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Feb, 2022 | Feb 24, 2022 | Feb 25, 2022 | Mar 02, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Mar, 2022 | Mar 29, 2022 | Mar 30, 2022 | Apr 04, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Apr, 2022 | Apr 27, 2022 | Apr 28, 2022 | May 03, 2022 | 0.080000 | 0.000000 | 0.080000 |
| May, 2022 | May 27, 2022 | May 30, 2022 | Jun 03, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Jun, 2022 | Jun 28, 2022 | Jun 29, 2022 | Jul 05, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Jul, 2022 | Jul 27, 2022 | Jul 28, 2022 | Aug 03, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Aug, 2022 | Aug 29, 2022 | Aug 30, 2022 | Sep 02, 2022 | - | - | - |
| Sep, 2022 | Sep 28, 2022 | Sep 29, 2022 | Oct 05, 2022 | - | - | - |
| Oct, 2022 | Oct 27, 2022 | Oct 28, 2022 | Nov 02, 2022 | - | - | - |
| Nov, 2022 | Nov 28, 2022 | Nov 29, 2022 | Dec 02, 2022 | - | - | - |
| Dec, 2022 | Dec 28, 2022 | Dec 29, 2022 | Jan 03, 2023 | - | - | - |
| Year to Date | 0.560000 | 0.000000 | 0.560000 |
| 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 Aug 15, 2022
Stock
100.22%
Cash and Cash Equivalents
-0.22%
Number of Holdings
76
Total Net Assets
$ 1,743,919,032.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Bloomberg Ticker | Number of Shares | Currency | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|
| 6.28% | BMO EQUAL WEIGHT UTILITIES INDEX ETF | CA05590D1069 | ZUT | 3,991,667 | CAD | 109,485,398 | - | Stock |
| 5.12% | PEMBINA PIPELINE CORP | CA7063271034 | PPL | 1,864,890 | CAD | 89,290,933 | Energy | Stock |
| 5.00% | FORTIS INC/CANADA | CA3495531079 | FTS | 1,434,846 | CAD | 87,109,501 | Utilities | Stock |
| 4.97% | ENBRIDGE INC | CA29250N1050 | ENB | 1,570,164 | CAD | 86,610,246 | Energy | Stock |
| 4.96% | PPL CORP | US69351T1060 | PPL | 2,190,638 | USD | 86,516,816 | Utilities | Stock |
| 4.89% | SOUTHERN CO/THE | US8425871071 | SO | 843,519 | USD | 85,320,463 | Utilities | Stock |
| 4.79% | TC ENERGY CORP | CA87807B1076 | TRP | 1,287,881 | CAD | 83,544,840 | Energy | Stock |
| 4.79% | BCE INC | CA05534B7604 | BCE | 1,287,832 | CAD | 83,515,905 | Communication Services | Stock |
| 4.66% | TELUS CORP | CA87971M1032 | T | 2,700,982 | CAD | 81,299,558 | Communication Services | Stock |
| 4.62% | EXELON CORP | US30161N1019 | EXC | 1,335,911 | USD | 80,519,838 | Utilities | Stock |
| 4.60% | DUKE ENERGY CORP | US26441C2044 | DUK | 560,141 | USD | 80,232,545 | Utilities | Stock |
| 4.14% | ROGERS COMMUNICATIONS INC | CA7751092007 | RCI/B | 1,229,851 | CAD | 72,278,343 | Communication Services | Stock |
| 4.12% | NEXTERA ENERGY INC | US65339F1012 | NEE | 611,974 | USD | 71,875,826 | Utilities | Stock |
| 4.02% | EMERA INC | CA2908761018 | EMA | 1,138,379 | CAD | 70,158,298 | Utilities | Stock |
| 3.97% | VERIZON COMMUNICATIONS INC | US92343V1044 | VZ | 1,177,667 | USD | 69,249,191 | Communication Services | Stock |
| 3.80% | KINDER MORGAN INC | US49456B1017 | KMI | 2,765,551 | USD | 66,282,985 | Energy | Stock |
| 3.59% | AT&T INC | US00206R1023 | T | 2,636,493 | USD | 62,577,302 | Communication Services | Stock |
| 3.46% | ALGONQUIN POWER & UTILITIES CORP | CA0158571053 | AQN | 3,215,365 | CAD | 60,352,401 | Utilities | Stock |
| 3.44% | NORTHLAND POWER INC | CA6665111002 | NPI | 1,311,322 | CAD | 59,992,982 | Utilities | Stock |
| 3.39% | CANADIAN UTILITIES LTD | CA1367178326 | CU | 1,452,455 | CAD | 59,071,345 | Utilities | Stock |
| 3.36% | HYDRO ONE LTD | CA4488112083 | H | 1,640,730 | CAD | 58,574,061 | Utilities | Stock |
| 3.21% | ALTAGAS LTD | CA0213611001 | ALA | 1,938,277 | CAD | 55,899,909 | Utilities | Stock |
| 3.10% | BROOKFIELD INFRASTRUCTURE PARTNERS LP | BMG162521014 | BIP-U | 1,015,230 | CAD | 53,989,931 | Utilities | Stock |
| 1.95% | TRANSALTA CORP | CA89346D1078 | TA | 2,640,458 | CAD | 34,035,504 | Utilities | Stock |
| 0.00% | ALTAGAS LTD 19Aug2022 30 CALL | - | ALA 8 C30 | -2,100 | CAD | -4,200 | - | Cash and Cash Equivalents |
| 0.00% | TRANSALTA CORP 16Sep2022 16 CALL | - | TA 9 C16 | -1,400 | CAD | -4,900 | - | Cash and Cash Equivalents |
| 0.00% | ROGERS COMMUNICATIONS INC 19Aug2022 68 CALL | - | RCI 8 C68 | -3,200 | CAD | -6,400 | - | Cash and Cash Equivalents |
| 0.00% | PEMBINA PIPELINE CORP 19Aug2022 50 CALL | - | PPL 8 C50 | -3,200 | CAD | -11,200 | - | Cash and Cash Equivalents |
| 0.00% | TC ENERGY CORP 16Sep2022 72 CALL | - | TRP 9 C72 | -3,100 | CAD | -13,950 | - | Cash and Cash Equivalents |
| 0.00% | TELUS CORP 19Aug2022 31 CALL | - | T 8 C31 | -4,900 | CAD | -14,700 | - | Cash and Cash Equivalents |
| 0.00% | TC ENERGY CORP 19Aug2022 72 CALL | - | TRP 8 C72 | -3,800 | CAD | -15,200 | - | Cash and Cash Equivalents |
| 0.00% | BCE INC 19Aug2022 66 CALL | - | BCE 8 C66 | -3,400 | CAD | -17,000 | - | Cash and Cash Equivalents |
| 0.00% | FORTIS INC/CANADA 19Aug2022 62 CALL | - | FTS 8 C62 | -3,700 | CAD | -18,500 | - | Cash and Cash Equivalents |
| 0.00% | TRANSALTA CORP 19Aug2022 15.5 CALL | - | TA 8 C15.5 | -2,100 | CAD | -18,900 | - | Cash and Cash Equivalents |
| 0.00% | ENBRIDGE INC 19Aug2022 58 CALL | - | ENB 8 C58 | -4,300 | CAD | -21,500 | - | Cash and Cash Equivalents |
| 0.00% | FORTIS INC/CANADA 16Sep2022 64 CALL | - | FTS 9 C64 | -3,600 | CAD | -21,600 | - | Cash and Cash Equivalents |
| 0.00% | ROGERS COMMUNICATIONS INC 16Sep2022 65 CALL | - | RCI 9 C65 | -3,200 | CAD | -22,400 | - | Cash and Cash Equivalents |
| 0.00% | ALTAGAS LTD 02Sep2022 30 CALL | - | 1ALA 9 C30 | -2,400 | CAD | -22,800 | - | Cash and Cash Equivalents |
| 0.00% | BROOKFIELD INFRASTRUCTURE PART 19Aug2022 54 CALL | - | BIP 8 C54 | -1,300 | CAD | -24,050 | - | Cash and Cash Equivalents |
| 0.00% | TRANSALTA CORP 26Aug2022 15.5 CALL | - | 4TA 8 C15.5 | -2,100 | CAD | -27,300 | - | Cash and Cash Equivalents |
| 0.00% | TELUS CORP 16Sep2022 31 CALL | - | T 9 C31 | -4,600 | CAD | -34,500 | - | Cash and Cash Equivalents |
| 0.00% | ALTAGAS LTD 16Sep2022 30 CALL | - | ALA 9 C30 | -2,100 | CAD | -35,700 | - | Cash and Cash Equivalents |
| 0.00% | HYDRO ONE LTD 16Sep2022 37 CALL | - | H 9 C37 | -2,800 | CAD | -42,000 | - | Cash and Cash Equivalents |
| 0.00% | PEMBINA PIPELINE CORP 16Sep2022 52 CALL | - | PPL 9 C52 | -3,300 | CAD | -44,550 | - | Cash and Cash Equivalents |
| 0.00% | CANADIAN UTILITIES LTD 21Oct2022 43 CALL | - | CU 10 C43 | -2,000 | CAD | -49,000 | - | Cash and Cash Equivalents |
| 0.00% | EMERA INC 19Aug2022 62 CALL | - | EMA 8 C62 | -2,300 | CAD | -50,600 | - | Cash and Cash Equivalents |
| 0.00% | TELUS CORP 26Aug2022 30.5 CALL | - | 4T 8 C30.5 | -4,800 | CAD | -52,800 | - | Cash and Cash Equivalents |
| 0.00% | ENBRIDGE INC 16Sep2022 58 CALL | - | ENB 9 C58 | -4,500 | CAD | -72,000 | - | Cash and Cash Equivalents |
| 0.00% | KINDER MORGAN INC 02Sep2022 19 CALL | - | KMI 9 C19 | -3,300 | USD | -76,665 | - | Cash and Cash Equivalents |
| 0.00% | ALGONQUIN POWER & UTILITIES CO 02Sep2022 19 CALL | - | 1AQN 9 C19 | -4,400 | CAD | -79,200 | - | Cash and Cash Equivalents |
| -0.01% | EMERA INC 16Sep2022 63 CALL | - | EMA 9 C63 | -2,100 | CAD | -95,550 | - | Cash and Cash Equivalents |
| -0.01% | PEMBINA PIPELINE CORP 16Sep2022 50 CALL | - | PPL 9 C50 | -3,200 | CAD | -96,000 | - | Cash and Cash Equivalents |
| -0.01% | CANADIAN UTILITIES LTD 16Sep2022 41 CALL | - | CU 9 C41 | -2,100 | CAD | -96,600 | - | Cash and Cash Equivalents |
| -0.01% | ALGONQUIN POWER & UTILITIES CO 16Sep2022 19 CALL | - | AQN 9 C19 | -4,000 | CAD | -100,000 | - | Cash and Cash Equivalents |
| -0.01% | KINDER MORGAN INC 23Sep2022 19.5 CALL | - | KMI 9 C19.5 | -4,300 | USD | -105,446 | - | Cash and Cash Equivalents |
| -0.01% | DUKE ENERGY CORP 16Sep2022 115 CALL | - | DUK 9 C115 | -1,400 | USD | -110,222 | - | Cash and Cash Equivalents |
| -0.01% | ALGONQUIN POWER & UTILITIES CO 19Aug2022 18.5 CALL | - | AQN 8 C18.5 | -4,100 | CAD | -133,250 | - | Cash and Cash Equivalents |
| -0.01% | BCE INC 16Sep2022 66 CALL | - | BCE 9 C66 | -3,400 | CAD | -136,000 | - | Cash and Cash Equivalents |
| -0.01% | SOUTHERN CO/THE 02Sep2022 80 CALL | - | SO 9 C80 | -2,200 | USD | -144,811 | - | Cash and Cash Equivalents |
| -0.01% | KINDER MORGAN INC 09Sep2022 19 CALL | - | KMI 9 C19 | -7,500 | USD | -203,277 | - | Cash and Cash Equivalents |
| -0.01% | BMO EQUAL WEIGHT UTILITIES IND 16Sep2022 27 CALL | - | ZUT 9 C27 | -5,000 | CAD | -222,500 | - | Cash and Cash Equivalents |
| -0.01% | HYDRO ONE LTD 19Aug2022 35 CALL | - | H 8 C35 | -3,200 | CAD | -240,000 | - | Cash and Cash Equivalents |
| -0.01% | BROOKFIELD INFRASTRUCTURE PART 16Sep2022 52 CALL | - | BIP 9 C52 | -1,500 | CAD | -247,500 | - | Cash and Cash Equivalents |
| -0.01% | DUKE ENERGY CORP 19Aug2022 110 CALL | - | DUK 8 C110 | -1,400 | USD | -249,354 | - | Cash and Cash Equivalents |
| -0.02% | SOUTHERN CO/THE 23Sep2022 81 CALL | - | SO 9 C81 | -2,500 | USD | -274,263 | - | Cash and Cash Equivalents |
| -0.02% | EXELON CORP 19Aug2022 46 CALL | - | EXC 8 C46 | -3,600 | USD | -418,171 | - | Cash and Cash Equivalents |
| -0.03% | BMO EQUAL WEIGHT UTILITIES IND 19Aug2022 26.5 CALL | - | ZUT 8 C26.5 | -5,000 | CAD | -462,500 | - | Cash and Cash Equivalents |
| -0.03% | EXELON CORP 16Sep2022 47 CALL | - | EXC 9 C47 | -3,800 | USD | -490,447 | - | Cash and Cash Equivalents |
| -0.04% | BMO EQUAL WEIGHT UTILITIES IND 19Aug2022 26 CALL | - | ZUT 8 C26 | -5,000 | CAD | -700,000 | - | Cash and Cash Equivalents |
| -0.05% | NORTHLAND POWER INC 16Sep2022 42 CALL | - | NPI 9 C42 | -2,300 | CAD | -879,750 | - | Cash and Cash Equivalents |
| -0.06% | NEXTERA ENERGY INC 16Sep2022 87.5 CALL | - | NEE 9 C87.5 | -1,700 | USD | -1,009,288 | - | Cash and Cash Equivalents |
| -0.06% | PPL CORP 16Sep2022 29 CALL | - | PPL 9 C29 | -4,800 | USD | -1,053,170 | - | Cash and Cash Equivalents |
| -0.09% | NORTHLAND POWER INC 19Aug2022 40 CALL | - | NPI 8 C40 | -2,700 | CAD | -1,559,250 | - | Cash and Cash Equivalents |
| -0.11% | NEXTERA ENERGY INC 19Aug2022 82.5 CALL | - | NEE 8 C82.5 | -1,700 | USD | -1,843,048 | - | Cash and Cash Equivalents |
| -0.12% | PPL CORP 19Aug2022 28 CALL | - | PPL 8 C28 | -6,300 | USD | -2,114,085 | - | Cash and Cash Equivalents |
| 0.57% | CASH | - | - | 1 | CAD | 9,921,234 | - | Cash and Cash Equivalents |
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Holdings Breakdown
Sector Allocation
has a donut chart divided into 3 ranges. Ranges are: 55.42%, Utilities.25.3%, Communication Services.19.28%, Energy.
Geographic Allocation
has a donut chart divided into 2 ranges. Ranges are: 65.38%, Canada.34.08%, 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.