TORONTO, Sept. 22, 2026 /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 September 2026 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series")(1) that distribute monthly and quarterly, 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 September 29, 2026, will receive cash distributions payable on October 2, 2026.
The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is September 29, 2026.
Details of the per unit cash distribution amount are as follows:
Monthly Distributions
FUND NAME FUND TICKER CASH
DISTRIBUTIONPER UNIT $
BMO AAA CLO ETF ZAAA 0.121
BMO AAA CLO ETF (Hedged Units) ZAAA.F 0.117
BMO AAA CLO ETF (USD Units)* ZAAA.U 0.120
BMO Aggregate Bond Index ETF ZAG 0.038
BMO All-Equity ETF (Target Cash Flow
Units) ZEQT.T 0.100
BMO Balanced ETF (Target Cash Flow
Units) ZBAL.T 0.049
BMO BBB CLO ETF ZBBZ 0.157
BMO BBB CLO ETF (Hedged Units) ZBBZ.F 0.154
BMO BBB CLO ETF (USD Units)* ZBBZ.U 0.157
BMO Canadian Core Plus US Balanced ETF ZBCB 0.060
BMO Canadian Dividend ETF ZDV 0.075
BMO Canadian High Dividend Covered Call
ETF ZWC 0.120
BMO Canadian High Dividend Covered Call
ETF (Target
Cash Flow Units) ZWC.T 0.333
BMO Canadian MBS Index ETF ZMBS 0.082
BMO Covered Call Canadian Banks ETF ZWB 0.170
BMO Covered Call Canadian Banks ETF
(Target Cash Flow
Units) ZWB.T 0.488
BMO Covered Call Canadian Banks ETF
(USD Units)* ZWB.U 0.210
BMO Covered Call Dow Jones Industrial
Average Hedged
to CAD ETF ZWA 0.150
BMO Covered Call Dow Jones Industrial
Average Hedged
to CAD ETF (Target Cash Flow Units) ZWA.T 0.413
BMO Covered Call Energy ETF ZWEN 0.220
BMO Covered Call Energy ETF (Target
Cash Flow Units) ZWEN.T 0.488
BMO Covered Call Health Care ETF ZWHC 0.160
BMO Covered Call Health Care ETF
(Target Cash Flow
Units) ZWHC.T 0.413
BMO Covered Call Spread Gold Bullion
ETF ZWGD 0.170
BMO Covered Call Spread Gold Bullion
ETF (Target Cash
Flow Units) ZWGD.T 0.333
BMO Covered Call Technology ETF ZWT 0.350
BMO Covered Call Technology ETF (Target
Cash Flow
Units) ZWT.T 0.413
BMO Covered Call US Banks ETF ZWK 0.160
BMO Covered Call US Banks ETF (Target
Cash Flow Units) ZWK.T 0.450
BMO Covered Call Utilities ETF ZWU 0.070
BMO Covered Call Utilities ETF (Target
Cash Flow Units) ZWU.T 0.625
BMO Discount Bond Index ETF ZDB 0.022
BMO Emerging Markets Bond Hedged to CAD
Index ETF ZEF 0.045
BMO Equal Weight Banks Index ETF ZEB 0.150
BMO Equal Weight REITs Index ETF ZRE 0.090
BMO Equal Weight Utilities Index ETF ZUT 0.071
BMO Europe High Dividend Covered Call
ETF ZWP 0.110
BMO Europe High Dividend Covered Call
ETF (Target
Cash Flow Units) ZWP.T 0.333
BMO Europe High Dividend Covered Call
Hedged to CAD
ETF ZWE 0.120
BMO Europe High Dividend Covered Call
Hedged to CAD
ETF (Target Cash Flow Units) ZWE.T 0.333
BMO Floating Rate High Yield ETF ZFH 0.055
BMO Global Dividend Opportunities Fund
(Active ETF
Series) ZGDV 0.034
BMO Global Enhanced Income Fund (ETF
Series) ZWQT 0.085
BMO Global High Dividend Covered Call
ETF ZWG 0.190
BMO Global High Dividend Covered Call
ETF (Target
Cash Flow Units) ZWG.T 0.333
BMO Global Infrastructure Fund (Active
ETF Series) ZGIF 0.050
BMO Global REIT Fund (Active ETF
Series) ZGRT 0.055
BMO Government Bond Index ETF ZGB 0.111
BMO Growth ETF (Target Cash Flow Units) ZGRO.T 0.058
BMO High Yield US Corporate Bond Hedged
to CAD Index
ETF ZHY 0.060
BMO High Yield US Corporate Bond Index
ETF ZJK 0.103
BMO High Yield US Corporate Bond Index
ETF (USD Units)* ZJK.U 0.098
BMO International Dividend ETF ZDI 0.085
BMO International Dividend Hedged to
CAD ETF ZDH 0.085
BMO Laddered Preferred Share Index ETF ZPR 0.060
BMO Laddered Preferred Share Index ETF
(USD Units)* ZPR.U 0.096
BMO Long Corporate Bond Index ETF ZLC 0.053
BMO Long Federal Bond Index ETF ZFL 0.027
BMO Long Provincial Bond Index ETF ZPL 0.034
BMO Mid Corporate Bond Index ETF ZCM 0.055
BMO Mid Federal Bond Index ETF ZFM 0.035
BMO Mid Provincial Bond Index ETF ZMP 0.043
BMO Mid-Term US IG Corporate Bond
Hedged to CAD Index
ETF ZMU 0.049
BMO Mid-Term US IG Corporate Bond Index
ETF ZIC 0.071
BMO Mid-Term US IG Corporate Bond Index
ETF (USD Units)* ZIC.U 0.052
BMO Money Market Fund (ETF Series) ZMMK 0.100
BMO Monthly Income ETF ZMI 0.049
BMO Monthly Income ETF (USD Units)* ZMI.U 0.026
BMO MSCI Canada IMI High Dividend Yield
Index ETF ZDIV 0.108
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 Real Return Bond Index ETF ZRR 0.060
BMO Short Corporate Bond Index ETF ZCS 0.047
BMO Short Federal Bond Index ETF ZFS 0.028
BMO Short Provincial Bond Index ETF ZPS 0.024
BMO Short-Term US IG Corporate Bond
Hedged to CAD
Index ETF ZSU 0.050
BMO Ultra Short-Term Bond ETF ZST 0.106
BMO Ultra Short-Term US Bond ETF (USD
Units)* ZUS.U 0.166
BMO US Aggregate Bond Index ETF ZUAG 0.075
BMO US Aggregate Bond Index ETF (Hedged
Units) ZUAG.F 0.069
BMO US Aggregate Bond Index ETF (USD
Units)* ZUAG.U 0.072
BMO US Dividend ETF ZDY 0.080
BMO US Dividend ETF (USD Units)* ZDY.U 0.060
BMO US Dividend Growth ETF ZBDU 0.070
BMO US Dividend Growth ETF (Hedged
Units) ZBDU.F 0.070
BMO US Dividend Hedged to CAD ETF ZUD 0.055
BMO US High Dividend Covered Call ETF ZWH 0.140
BMO US High Dividend Covered Call ETF
(Target Cash
Flow Units) ZWH.T 0.413
BMO US High Dividend Covered Call ETF
(USD Units)* ZWH.U 0.140
BMO US High Dividend Covered Call
Hedged to CAD ETF ZWS 0.120
BMO US High Dividend Covered Call Hedged to CAD ETF (Target Cash Flow Units) ZWS.T 0.413 BMO US Preferred Share Hedged to CAD Index ETF ZHP 0.080 BMO US Preferred Share Index ETF ZUP 0.096 BMO US Preferred Share Index ETF (USD Units)* ZUP.U 0.090 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 USD Cash Management ETF ZUCM 0.098 BMO USD Cash Management ETF (USD Units)* ZUCM.U 0.096
Quarterly Distributions
FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT $ BMO All-Equity ETF ZEQT 0.075 BMO Balanced ESG ETF ZESG 0.077 BMO Balanced ETF ZBAL 0.061 BMO Broad Commodity ETF ZCOM 0.000 BMO Broad Commodity ETF (Hedged Units) ZCOM.F 0.000 BMO Brookfield Global Renewables Infrastructure Fund (ETF Series) GRNI 0.160 BMO Canadian Bank Income Index ETF ZBI 0.352 BMO Conservative ETF ZCON 0.055 BMO Core Plus Bond Fund (ETF Series) ZCPB 0.200 BMO Corporate Bond Index ETF ZCB 0.484 BMO Corporate Discount Bond ETF ZCDB 0.171 BMO Dow Jones Industrial Average Hedged to CAD Index ETF ZDJ 0.200 BMO Equal Weight Industrials Index ETF ZIN 0.108 BMO Equal Weight Oil & Gas Index ETF ZEO 0.821 BMO Equal Weight US Banks Hedged to CAD Index ETF ZUB 0.182 BMO Equal Weight US Banks Index ETF ZBK 0.209 BMO ESG Corporate Bond Index ETF ESGB 0.278 BMO ESG US Corporate Bond Hedged to CAD Index ETF ESGF 0.255 BMO Global Communications Index ETF COMM 0.120 BMO Global Consumer Discretionary Hedged to CAD Index ETF DISC 0.076 BMO Global Consumer Staples Hedged to CAD Index ETF STPL 0.136 BMO Global Infrastructure Index ETF ZGI 0.338 BMO Global Innovators Fund (Active ETF Series) ZGIN 0.020 BMO Global Strategic Bond Fund (ETF Series) ZGSB 0.300 BMO Growth ETF ZGRO 0.067 BMO High Quality Corporate Bond Index ETF ZQB 0.290 BMO Japan Index ETF ZJPN 0.145 BMO Japan Index ETF (Hedged Units) ZJPN.F 0.204 BMO Long Short Canadian Equity ETF ZLSC 0.135 BMO Long Short US Equity ETF ZLSU 0.085 BMO Long-Term US Treasury Bond Index ETF ZTL 0.298 BMO Long-Term US Treasury Bond Index ETF (Hedged Units) ZTL.F 0.227 BMO Long-Term US Treasury Bond Index ETF (USD Units)* ZTL.U 0.281 BMO Low Volatility Canadian Equity ETF ZLB 0.280 BMO Low Volatility International Equity ETF ZLI 0.160 BMO Low Volatility International Equity Hedged to CAD ETF ZLD 0.170 BMO Low Volatility US Equity ETF ZLU 0.270 BMO Low Volatility US Equity ETF (USD Units)* ZLU.U 0.190 BMO Low Volatility US Equity Hedged to CAD ETF ZLH 0.170 BMO Market+ All Country World Equity ETF ZMPW 0.080 BMO Market+ Canadian Equity ETF ZMPC 0.120 BMO Market+ Global Equity ETF ZMPG 0.080 BMO Market+ Low Volatility Global Equity ETF ZMLG 0.090 BMO Market+ US Equity ETF ZMPU 0.050 BMO Market+ US Equity ETF (Hedged Units) ZMPU.F 0.040 BMO Market+ US Equity ETF (USD Units)* ZMPU.U 0.040 BMO Mid-Term US Treasury Bond Index ETF ZTM 0.433 BMO Mid-Term US Treasury Bond Index ETF (USD Units)* ZTM.U 0.411 BMO MSCI All Country World High Quality Index ETF ZGQ 0.113 BMO MSCI Canada Selection Equity Index ETF ESGA 0.279 BMO MSCI Canada Value Index ETF ZVC 0.213 BMO MSCI EAFE Hedged to CAD Index ETF ZDM 0.191 BMO MSCI EAFE High Quality Index ETF ZIQ 0.140 BMO MSCI EAFE Index ETF ZEA 0.158 BMO MSCI EAFE Selection Equity Index ETF ESGE 0.205 BMO MSCI EAFE Small-Mid Cap Index ETF ZESM 0.160 BMO MSCI Europe High Quality Hedged to CAD Index ETF ZEQ 0.132 BMO MSCI Global Selection Equity Index ETF ESGG 0.141 BMO MSCI USA Equal Weight Index ETF ZEQL 0.112 BMO MSCI USA Equal Weight Index ETF (Hedged Units) ZEQL.F 0.104 BMO MSCI USA Equal Weight Index ETF (USD Units)* ZEQL.U 0.106 BMO MSCI USA High Quality Index ETF ZUQ 0.133 BMO MSCI USA High Quality Index ETF (Hedged Units) ZUQ.F 0.079 BMO MSCI USA High Quality Index ETF (USD Units)* ZUQ.U 0.085 BMO MSCI USA Selection Equity Index ETF ESGY 0.124 BMO MSCI USA Selection Equity Index ETF (Hedged Units) ESGY.F 0.091 BMO MSCI USA Value Index ETF ZVU 0.200 BMO S&P 500 Hedged to CAD Index ETF ZUE 0.209 BMO S&P 500 Index ETF ZSP 0.237 BMO S&P 500 Index ETF (USD Units)* ZSP.U 0.172 BMO S&P US Mid Cap Index ETF ZMID 0.131 BMO S&P US Mid Cap Index ETF (Hedged Units) ZMID.F 0.113 BMO S&P US Mid Cap Index ETF (USD Units)* ZMID.U 0.126 BMO S&P US Small Cap Index ETF ZSML 0.143 BMO S&P US Small Cap Index ETF (Hedged Units) ZSML.F 0.124 BMO S&P US Small Cap Index ETF (USD Units)* ZSML.U 0.139 BMO S&P/TSX 60 Index ETF ZIU 0.422 BMO S&P/TSX Capped Composite Index ETF ZCN 0.244 BMO Short-Term Bond Index ETF ZSB 0.371 BMO Short-Term Discount Bond ETF ZSDB 0.115 BMO Short-Term US TIPS Index ETF ZTIP 0.350 BMO Short-Term US TIPS Index ETF (Hedged Units) ZTIP.F 0.304 BMO Short-Term US TIPS Index ETF (USD Units)* ZTIP.U 0.320 BMO Short-Term US Treasury Bond Index ETF ZTS 0.393 BMO Short-Term US Treasury Bond Index ETF (USD Units)* ZTS.U 0.372 BMO Sustainable Global Multi-Sector Bond Fund (ETF Series) ZMSB 0.250 BMO Tactical Dividend ETF Fund (ETF Series) ZZZD 0.300 BMO Target 2027 Canadian Corporate Bond ETF ZXCO 0.094 BMO Target 2028 Canadian Corporate
Bond ETF ZXCP 0.101 BMO Target 2029 Canadian Corporate Bond ETF ZXCQ 0.102 BMO US Equity Buffer Hedged to CAD ETF -- April ZAPR 0.041 BMO US Equity Buffer Hedged to CAD ETF -- January ZJAN 0.042 BMO US Equity Buffer Hedged to CAD ETF -- July ZJUL 0.041 BMO US Equity Buffer Hedged to CAD ETF -- October ZOCT 0.043
Quarterly Distributions - Automatically Reinvested
The following quarterly cash distributions are distributed and automatically reinvested in additional Accumulating Units of the applicable BMO ETF, which are consolidated immediately.
FUND NAME FUND TICKER REINVESTED DISTRIBUTION PER
UNIT ($)
BMO Short Corporate Bond Index
ETF (Accumulating Units) ZCS.L 0.290
BMO Short Federal Bond Index
ETF (Accumulating Units) ZFS.L 0.190
BMO Short Provincial Bond Index
ETF (Accumulating
Units) ZPS.L 0.160
BMO Ultra Short-Term Bond ETF
(Accumulating Units) ZST.L 0.550
BMO Ultra Short-Term US Bond
ETF (USD Accumulating
Units) ZUS.V 0.720
*Distribution per unit ($) amounts are USD for ZAAA.U, ZBBZ.U, ZWB.U, ZJK.U, ZPR.U, ZIC.U, ZMI.U, ZPAY.U, ZUS.U, ZUAG.U, ZDY.U, ZWH.U, ZUP.U, ZPW.U, ZUCM.U, ZTL.U, ZLU.U, ZMPU.U, ZTM.U, ZEQL.U, ZUQ.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, and ZUS.V.
(1) BMO ETFs are managed by BMO Asset Management Inc., an investment fund manager, a portfolio manager, and a separate legal entity from Bank of Montreal. 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.
Any statement that necessarily depends on future events may be a forward-looking statement. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although such statements are based on assumptions that are believed to be reasonable, there can be no assurance that actual results will not differ materially from expectations. Investors are cautioned not to rely unduly on any forward-looking statements. In connection with any forward-looking statements, investors should carefully consider the areas of risk described in the most recent prospectus.
This communication is for information purposes. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Investments should be evaluated relative to the individual's investment objectives and professional advice should be obtained with respect to any circumstance.
The BMO ETFs or securities referred to herein (ZDIV, ZGQ, ESGA, ZVC, ZDM, ZIQ, ZEA, ESGE, ZESM, ZEQ, ESGG, ZEQL, ZEQL.F, ZEQL.U, ZUQ, ZUQ.F, ESGY, ESGY.F and ZVU) are not sponsored, endorsed or promoted by MSCI Inc. (MSCI), and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.
The S&P 500, S&P/TSX 60 Index, S&P/TSX Capped Composite Index and Dow Jones Industrial Average are products of S&P Dow Jones Indices LLC or its affiliates (SPDJI), and have been licensed for use by BMO Asset Management Inc. S&P(R), S&P 500(R), US 500, The 500, iBoxx(R), iTraxx(R) and CDX(R) are trademarks of S&P Global, Inc. or its affiliates (S&P) and Dow Jones(R) is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by BMO Asset Management Inc. The relevant BMO ETF (ZWA, ZWA.T, ZDJ, ZUE, ZSP, ZSP.U, ZMID, ZMID.F, ZMID.U, ZSML, ZSML.F, ZSML.U, ZIU, or ZCN) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s), nor do they have any liability for any errors, omissions, or interruptions of the Index.
BLOOMBERG(R) and the Bloomberg Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL), the administrator of the index (collectively, Bloomberg) and have been licensed for use for certain purposes by BMO Asset Management Inc. Bloomberg is not affiliated with BMO Asset Management Inc., and Bloomberg does not approve, endorse, review, or recommend any BMO ETFs. Bloomberg does not guarantee the timeliness, accuracy or completeness of any data or information relating to the BMO ETFs.
BMO ETFs are not in any way sponsored, endorsed, sold or promoted by FTSE Global Debt Capital Markets Inc. (FGDCM), FTSE International Limited (FTSE), Frank Russell Company (Frank Russell), FTSE Fixed Income LLC (FTSE FI) or the London Stock Exchange Group companies (together with FGDCM, FTSE, Frank Russell and FTSE FI, the Licensor Parties). The Licensor Parties make no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the FTSE BMO ETF Indices, (ii) the figure at which any of the FTSE BMO ETF Indices stands at any particular time on any particular day or otherwise, or (iii) the suitability of an Underlying Index for the particular purpose to which it is being put in connection with the FTSE BMO ETFs. Each of the FTSE BMO ETF Indices is compiled and calculated by FGDCM of FTSE and all copyright in any of the FTSE BMO ETF Indices values and constituent lists vests in FGDCM or FTSE, respectively. The Licensor Parties shall not be liable (whether in negligence or otherwise) to any person for any error in any of the FTSE BMO ETF Indices and the Licensor Parties shall not be under any obligation to advise any person of any error therein. FTSE(R) is a trade mark of the London Stock Exchange Group companies and is used under licence.
Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series. Please read the applicable ETF facts or prospectus of the relevant BMO ETF or ETF Series before investing. BMO ETFs and ETF Series are not guaranteed, their values change frequently, and past performance may not be repeated. BMO ETFs and ETF Series units 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 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, investors' original investment will shrink. Distributions of net income and net taxable gains of a BMO ETF or an ETF Series 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 ("ACB") will be reduced by the amount of any return of capital ("ROC"). If a unitholder's ACB 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. Investors should also consult their own tax advisors about their individual circumstances.
The Target Cash Flow Units are subject to capital depletion risk. Target Cash Flow Units make monthly distributions of a fixed amount which may be comprised of, in whole or in part, a ROC. A ROC reduces the amount of an original investment and may result in the return to investors of the entire amount of an original investment.
The Target Cash Flow Units' monthly distribution dollar amount is reset at the beginning of each calendar year. The dollar amount is a factor of the annualized distribution rate for the Target Cash Flow Units (which is the rate set out in the individual BMO ETF profiles in the applicable BMO ETF's prospectus), the net asset value per unit of a series of a BMO ETF (NAVPS) as of the end of the previous calendar year, and the number of Target Cash Flow Units of the BMO ETF held at the time of the distribution. Although not expected, we may also adjust the monthly distribution during the year, if capital market conditions have significantly affected the ability of the BMO ETF to maintain the applicable distribution. If we make any such adjustment to the monthly distribution, we will issue a press release to communicate the change. The distribution rate applicable to the Target Cash Flow Units may be higher than the rate of return or the portfolio yield of the BMO ETF that offers such units. As a result, if you elect to receive some or all of the regular monthly distributions in cash, the value of your investment in the BMO ETF may decline over time.
For a summary of the risks of an investment in the BMO ETFs or ETF Series, please see the specific risks set out in the relevant prospectus.
"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.
Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmoetfs.com.
About BMO Global Asset Management
BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. Certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors in Canada and may not be available to all investors.
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 July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly. Driven by its 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 stronger communities.
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