BMO Announces Cash Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for October 2025
MWN-AI** Summary
BMO Asset Management Inc. and BMO Investments Inc. have announced cash distributions for unitholders of certain BMO Exchange-Traded Funds (ETFs) and ETF Series of BMO Mutual Funds for October 2025. The cash distributions will be applicable to monthly distributing ETFs, with the record date set for October 30, 2025. Unitholders can expect payments to be made on November 4, 2025.
The announcement highlights several BMO funds with their respective cash distribution per unit amounts, showcasing a mix of bond, equity, and sector-specific ETFs. For instance, the BMO Aggregate Bond Index ETF (ZAG) will distribute $0.040 per unit, while the BMO Equal Weight Banks Index ETF (ZEB) shows a distribution of $0.145 per unit. Other notable payouts include the BMO High Yield US Corporate Bond Index ETF (ZJK) at $0.101 and the BMO Covered Call Technology ETF (ZWT), offering $0.245.
The distributions are crucial for investors looking for regular income streams from their investments. However, it's essential to recognize that these distributions are not guaranteed and can fluctuate based on market conditions. BMO encourages investors to consult with tax advisors regarding the implications of distribution payouts as they may be considered taxable income.
Additionally, BMO ETFs carry management fees and operational expenses, and readers are encouraged to refer to the specific ETF Facts documents or prospectus before investing. The company's fiduciary traditions reflect its commitment to long-term sustainable growth, aligning with BMO's broader corporate mission to foster positive societal impacts. Further details can be found at the BMO ETFs website.
MWN-AI** Analysis
BMO Financial Group recently announced its cash distributions for various ETFs and ETF Series of BMO Mutual Funds for October 2025. Investors should take keen note of these distributions as they may provide insights into market trends and the performance of specific sectors.
The monthly cash distributions reveal strong yields in specific funds, notably the BMO Covered Call Technology ETF (ZWT), which offers a substantial distribution of $0.245 per unit. This significant yield suggests a potential strategy shift in response to current market volatility and sector performance, particularly in technology stocks, which have shown both resilience and growth despite economic headwinds.
On the fixed-income side, the BMO Aggregate Bond Index ETF (ZAG) has a modest distribution amount of $0.040. These figures may indicate a cautious approach towards bonds, as interest rate fluctuations continue to play a crucial role in yielding uncertainty in the fixed-income market. Investors might consider diversifying their portfolios to include a mixture of income-generating assets, capitalizing on the currently robust high-yield bonds and preferred shares while remaining mindful of credit quality and interest rate risks.
Furthermore, it’s essential to analyze the specific distribution structures of funds like the BMO Premium Yield ETF (ZPAY), which distributes $0.200. Such funds typically emphasize income generation and could be attractive for investors seeking regular cash flow, especially in a rising rate environment.
Ultimately, as BMO distributes these expected cash flows, investors should assess their overall portfolio strategy, focusing on sector exposures and risk tolerance. Distributions are an integral factor but should not overshadow the overall performance of the fund or ETF. A thorough understanding of underlying asset performance and market conditions will aid in making informed investment decisions. Consulting a financial advisor to tailor exposure according to individual investment goals is advisable.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
TORONTO, Oct. 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 October 2025 cash distributions for unitholders of the 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 October 30, 2025, will receive cash distributions payable on November 4, 2025.
The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is October 30, 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 | 0.101 |
BMO Ultra Short-Term US Bond ETF (USD Units)* | ZUS.U | 0.164 |
BMO USD Cash Management ETF | ZUCM | 0.103 |
BMO USD Cash Management ETF (USD Units)* | ZUCM.U | 0.100 |
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 ZBBZ.U, 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, 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.
Distributions are not guaranteed and may fluctuate. 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., 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., 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**
How does the cash distribution of $0.070 for the BMO Equal Weight Utilities Index ETF ZUT:CC in October 2025 compare to previous months, and what factors influenced this change?
What are the overall asset flows into the BMO Equal Weight Utilities Index ETF ZUT:CC, and how might this impact future cash distributions and fund performance?
What is the projected impact of market conditions on the BMO Equal Weight Utilities Index ETF ZUT:CC’s cash distributions in the upcoming months following the October 2025 announcements?
Can you provide insights into the investment strategy and underlying assets of the BMO Equal Weight Utilities Index ETF ZUT:CC that justify its current cash distribution level?
**MWN-AI FAQ is based on asking OpenAI questions about Bmo Equal Weight Utilities Index Etf (TSXC: ZUT:CC).
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