TORONTO, May 21, 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 May 2025 cash distributions 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 May 29, 2025 will receive cash distributions payable on June 3, 2025.

The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is May 29, 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                      0.060 
BMO Discount Bond Index ETF                    ZDB                       0.030 
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                       0.075 
BMO High Yield US Corporate Bond Hedged to 
 CAD Index 
 ETF                                           ZHY                       0.056 
BMO High Yield US Corporate Bond Index ETF     ZJK                       0.090 
BMO High Yield US Corporate Bond Index ETF 
 (USD Units)*                                  ZJK.U                     0.085 
BMO Laddered Preferred Share Index ETF         ZPR                       0.045 
BMO Laddered Preferred Share Index ETF (USD 
 Units)*                                       ZPR.U                     0.068 
BMO Long Corporate Bond Index ETF              ZLC                       0.060 
BMO Long Federal Bond Index ETF                ZFL                       0.033 
BMO Long Provincial Bond Index ETF             ZPL                       0.040 
BMO Mid Corporate Bond Index ETF               ZCM                       0.050 
BMO Mid Federal Bond Index ETF                 ZFM                       0.028 
BMO Mid Provincial Bond Index ETF              ZMP                       0.034 
BMO Mid-Term US IG Corporate Bond Hedged to 
 CAD Index 
 ETF                                           ZMU                       0.042 
BMO Mid-Term US IG Corporate Bond Index ETF    ZIC                       0.059 
BMO Mid-Term US IG Corporate Bond Index ETF 
 (USD Units)*                                  ZIC.U                     0.042 
BMO Real Return Bond Index ETF                 ZRR                       0.054 
BMO Short Corporate Bond Index ETF             ZCS                       0.038 
BMO Short Federal Bond Index ETF               ZFS                       0.025 
BMO Short Provincial Bond Index ETF            ZPS                       0.030 
BMO Short-Term US IG Corporate Bond Hedged to 
 CAD 
 Index ETF                                     ZSU                       0.038 
BMO US Aggregate Bond Index ETF                ZUAG                      0.060 
BMO US Aggregate Bond Index ETF (Hedged 
 Units)                                        ZUAG.F                    0.060 
BMO US Aggregate Bond Index ETF (USD Units)*   ZUAG.U                    0.060 
BMO US Preferred Share Hedged to CAD Index 
 ETF                                           ZHP                       0.090 
BMO US Preferred Share Index ETF               ZUP                       0.100 
BMO US Preferred Share Index ETF (USD Units)*  ZUP.U                     0.098 
BMO Balanced ETF (Fixed Percentage 
 Distribution Units)                           ZBAL.T                    0.155 
BMO Canadian Dividend ETF                      ZDV                       0.070 
BMO Canadian High Dividend Covered Call ETF    ZWC                       0.100 
BMO Covered Call Canadian Banks ETF            ZWB                       0.110 
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                       0.220 
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                       0.070 
BMO Global High Dividend Covered Call ETF      ZWG                       0.175 
BMO Growth ETF (Fixed Percentage Distribution 
 Units)                                        ZGRO.T                    0.180 
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                     0.120 
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                       0.120 
BMO Ultra Short-Term US Bond ETF (USD Units)*  ZUS.U                     0.180 
BMO USD Cash Management ETF                    ZUCM                      0.107 
BMO USD Cash Management ETF (USD Units)*       ZUCM.U                    0.104 
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                      0.120 
BMO Global Infrastructure Fund (Active ETF 
 Series)                                       BGIF                      0.050 
 

*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, and ZPW.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.

BMO ETFs are managed 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 eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 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

View original content: http://www.newswire.ca/en/releases/archive/May2025/21/c7882.html

/CONTACT:

Media Contacts: Aaron Sobeski, Toronto, Aaron.Sobeski@bmo.com, (416) 867-3996

Copyright CNW Group 2025 
 

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May 21, 2025 07:30 ET (11:30 GMT)