BMO Announces Cash Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for November 2025
MWN-AI** Summary
BMO Asset Management Inc. has announced the cash distributions for November 2025 for various BMO Exchange-Traded Funds (ETFs) and the ETF Series of its Mutual Funds. Unitholders of record as of November 26, 2025, will receive these cash distributions, which are scheduled to be paid on December 2, 2025.
The announcement includes a comprehensive list detailing distribution amounts for numerous ETFs, including the BMO Aggregate Bond Index ETF (ZAG), which will distribute $0.04 per unit, and BMO Equal Weight Banks Index ETF (ZEB), which will provide a notably higher distribution of $0.145 per unit. Other significant payouts include the BMO Covered Call Health Care ETF (ZWHC), with a distribution of $0.160 per unit, and the BMO Floating Rate High Yield ETF (ZFH), offering $0.065 per unit.
Investors should note that the distributions vary across different funds and currency classes, with several funds providing amounts in USD for their respective units. The ex-dividend date has been set for November 26, 2025, aligning with common practices for fund distributions. The detailed cash amounts per unit for each ETF illustrate BMO's strategy to provide consistent returns to its unitholders amid varying market conditions.
BMO Financial Group, leveraging its extensive history and diverse offerings, is committed to delivering robust investment options for its clients. Investors are encouraged to carefully review the ETF Facts documents or the relevant prospectus before investing, as these distributions are not guaranteed and subject to market fluctuations. Comprehensive information and updates regarding BMO ETFs can be found on the official BMO ETFs website.
MWN-AI** Analysis
BMO Asset Management's recent announcement regarding cash distributions for certain ETFs and ETF Series of BMO Mutual Funds for November 2025 presents an opportunity for strategic planning among investors. With a range of distribution amounts highlighted—ranging from $0.025 to $0.245 per unit across various funds—it's vital for stakeholders to assess the implications of these distributions on their investment strategy.
Firstly, investors in income-focused funds, such as the BMO High Yield US Corporate Bond and the BMO Premium Yield ETFs, might find the cash distributions particularly appealing, especially in the current environment of rising interest rates. These distributions can provide a vital source of income, enhancing cash flows and potentially funding reinvestment opportunities or meeting short-term liquidity needs.
Moreover, for those considering tax implications, it is essential to note that these distributions are taxable events. The announced distributions will be included in unitholders' income for the tax year, which could influence investment decisions and strategies regarding tax-loss harvesting or seeking tax-efficient investments.
Investors should also consider market conditions. The current economic landscape features fluctuating bond yields, with many fixed-income securities becoming attractive. BMO's Aggregate Bond Index ETF (ZAG), with a distribution of $0.040, along with other bond-focused ETFs, may serve as a hedge against market volatility.
Finally, given the variability in the distribution rates and their dependency on market conditions, it may be prudent to remain flexible in portfolio allocation, considering adjustments based on performance expectations. Continuous monitoring of BMO ETFs and their distributions can aid in optimizing income strategies while balancing risk and return profiles.
In conclusion, BMO's cash distribution announcement serves as a key indicator for potential investors and existing unitholders, suggesting a proactive reassessment of investment positions in light of shifting financial landscapes and income needs.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
TORONTO, Nov. 19, 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 November 2025 cash 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 November 26, 2025 will receive cash distributions payable on December 2, 2025.
The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is November 26, 2025.
Details of the per unit cash distribution amount are as follows:
Monthly Distributions
FUND NAME | FUND TICKER | CASH DISTRIBUTION PER UNIT |
BMO Aggregate Bond Index ETF | ZAG | 0.040 |
BMO Canadian MBS Index ETF | ZMBS | 0.073 |
BMO Discount Bond Index ETF | ZDB | 0.025 |
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 | 0.059 |
BMO High Yield US Corporate Bond Index ETF | ZJK | 0.101 |
BMO High Yield US Corporate Bond Index ETF (USD Units)* | ZJK.U | 0.090 |
BMO Laddered Preferred Share Index ETF | ZPR | 0.056 |
BMO Laddered Preferred Share Index ETF (USD Units)* | ZPR.U | 0.089 |
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 | 0.047 |
BMO Mid-Term US IG Corporate Bond Index ETF | ZIC | 0.069 |
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* | ZIC.U | 0.050 |
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 | 0.074 |
BMO US Aggregate Bond Index ETF (Hedged Units) | ZUAG.F | 0.068 |
BMO US Aggregate Bond Index ETF (USD Units)* | ZUAG.U | 0.070 |
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 | 0.050 |
BMO Canadian Dividend ETF | ZDV | 0.070 |
BMO Canadian High Dividend Covered Call ETF | ZWC | 0.105 |
BMO Covered Call Canadian Banks ETF | ZWB | 0.120 |
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 | 0.245 |
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 | 0.065 |
BMO Global High Dividend Covered Call ETF | ZWG | 0.175 |
BMO Growth ETF (Fixed Percentage Distribution Units) | ZGRO.T | 0.060 |
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 | 0.040 |
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 | 0.097 |
BMO Ultra Short-Term US Bond ETF (USD Units)* | ZUS.U | 0.164 |
BMO USD Cash Management ETF | ZUCM | 0.098 |
BMO USD Cash Management ETF (USD Units)* | ZUCM.U | 0.095 |
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 | 0.110 |
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 | 0.145 |
BMO BBB CLO ETF | ZBBZ | 0.160 |
BMO BBB CLO ETF (Hedged Units) | ZBBZ.F | 0.159 |
BMO BBB CLO ETF (USD Units)* | ZBBZ.U | 0.159 |
*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, ZAAA.U, and ZBBZ.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.
Distribution rates may change without notice (up or down) depending on market conditions. The payment of distributions should not be confused with an investment fund's performance, rate of return or yield. If distributions paid by an investment fund are greater than the performance of the fund, your original investment will shrink.
Distributions of net income and net taxable gains of a BMO ETF or an ETF Series of a BMO Mutual Fund will be included in the unitholder's income for tax purposes in the year they are paid, whether or not such amounts are reinvested in additional units. A unitholder's adjusted cost base will be reduced by the amount of any returns of capital. If a unitholder's adjusted cost base goes below zero, such unitholder will have to pay capital gains tax on the amount below zero. Please refer to the summary of the principal income tax considerations set out in the prospectus for the relevant BMO ETF or ETF Series of a BMO Mutual Fund. Investors should also consult their own tax advisors about their individual circumstances.
BMO ETFs are managed and administered 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 July 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 decision to set the cash distribution for the BMO Canadian High Dividend Covered Call ETF ZWC:CC at $0.105 for November 2025, and how might this impact investor sentiment?
How do the cash distributions announced for November 2025, specifically for the BMO Canadian High Dividend Covered Call ETF ZWC:CC, compare to prior months in terms of performance and investor interest?
Given the varying cash distributions across different BMO ETFs, including BMO Canadian High Dividend Covered Call ETF ZWC:CC, what strategies should investors consider for maximizing yield?
How does the cash distribution for the BMO Canadian High Dividend Covered Call ETF ZWC:CC affect its attractiveness relative to similar investment vehicles in the current market landscape?
3. Can you explain the implications of the November 26, 2025 record date for unitholders of "BMO US Put Write Hedged to CAD ETF ZPH:CC" and how it affects potential tax considerations for investors?
4. What trends in the performance of "BMO US Put Write Hedged to CAD ETF ZPH:CC" and similar ETFs might investors consider when analyzing the recent cash distribution rates?
**MWN-AI FAQ is based on asking OpenAI questions about Bmo Short Provincial Bond Index Etf (TSXC: ZPS:CC).
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