BMO Announces Cash Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for April 2026
BMO.TO
Published on 04/22/2026 at 07:31 am EDT
TORONTO, April 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 April 2026 cash 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, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series at the close of business on April 29, 2026, will receive cash distributions payable on May 4, 2026.
The ex-dividend date and record date for all BMO ETFs and ETF Series is April 29, 2026.
Details of the per unit cash distribution amount are as follows:
Monthly Distributions
FUND NAME
FUND TICKER
CASHDISTRIBUTIONPER UNIT $
BMO AAA CLO ETF
ZAAA
0.126
BMO AAA CLO ETF (Hedged Units)
ZAAA.F
0.124
BMO AAA CLO ETF (USD Units)*
ZAAA.U
0.126
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
0.163
BMO BBB CLO ETF (Hedged Units)
ZBBZ.F
0.162
BMO BBB CLO ETF (USD Units)*
ZBBZ.U
0.163
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
0.105
BMO Canadian High Dividend Covered Call ETF (Target Cash Flow Units)
ZWC.T
0.333
BMO Canadian MBS Index ETF
ZMBS
0.079
BMO Covered Call Canadian Banks ETF
ZWB
0.120
BMO Covered Call Canadian Banks ETF (Target Cash Flow Units)
ZWB.T
0.488
BMO Covered Call Canadian Banks ETF (USD Units)*
ZWB.U
0.140
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF
ZWA
0.130
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
0.245
BMO Covered Call Technology ETF (Target Cash Flow Units)
ZWT.T
0.413
BMO Covered Call US Banks ETF
ZWK
0.145
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
0.042
BMO Equal Weight Banks Index ETF
ZEB
0.145
BMO Equal Weight REITs Index ETF
ZRE
0.080
BMO Equal Weight Utilities Index ETF
ZUT
0.067
BMO Europe High Dividend Covered Call ETF
ZWP
0.105
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
0.064
BMO Global Dividend Opportunities Fund (Active ETF Series)
BGDV
0.034
BMO Global Enhanced Income Fund (ETF Series)
ZWQT
0.085
BMO Global High Dividend Covered Call ETF
ZWG
0.175
BMO Global High Dividend Covered Call ETF (Target Cash Flow Units)
ZWG.T
0.333
BMO Global Infrastructure Fund (Active ETF Series)
BGIF
0.050
BMO Global REIT Fund (Active ETF Series)
BGRT
0.055
BMO Government Bond Index ETF
ZGB
0.109
BMO Growth ETF (Target Cash Flow Units)
ZGRO.T
0.058
BMO High Yield US Corporate Bond Hedged to CAD Index ETF
ZHY
0.059
BMO High Yield US Corporate Bond Index ETF
ZJK
0.099
BMO High Yield US Corporate Bond Index ETF (USD Units)*
ZJK.U
0.095
BMO International Dividend ETF
ZDI
0.080
BMO International Dividend Hedged to CAD ETF
ZDH
0.080
BMO Laddered Preferred Share Index ETF
ZPR
0.054
BMO Laddered Preferred Share Index ETF (USD Units)*
ZPR.U
0.088
BMO Long Corporate Bond Index ETF
ZLC
0.055
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
0.057
BMO Mid Federal Bond Index ETF
ZFM
0.033
BMO Mid Provincial Bond Index ETF
ZMP
0.040
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF
ZMU
0.048
BMO Mid-Term US IG Corporate Bond Index ETF
ZIC
0.068
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)*
ZIC.U
0.051
BMO Money Market Fund (ETF Series)
ZMMK
0.100
BMO Monthly Income ETF
ZMI
0.055
BMO Monthly Income ETF (USD Units)*
ZMI.U
0.036
BMO MSCI Canada IMI High Dividend Yield Index ETF
ZDIV
0.104
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
0.045
BMO Short Corporate Bond Index ETF
ZCS
0.047
BMO Short Federal Bond Index ETF
ZFS
0.029
BMO Short Provincial Bond Index ETF
ZPS
0.025
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF
ZSU
0.049
BMO Ultra Short-Term Bond ETF
ZST
0.103
BMO Ultra Short-Term US Bond ETF (USD Units)*
ZUS.U
0.158
BMO US Aggregate Bond Index ETF
ZUAG
0.072
BMO US Aggregate Bond Index ETF (Hedged Units)
ZUAG.F
0.068
BMO US Aggregate Bond Index ETF (USD Units)*
ZUAG.U
0.071
BMO US Dividend ETF
ZDY
0.075
BMO US Dividend ETF (USD Units)*
ZDY.U
0.055
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
0.050
BMO US High Dividend Covered Call ETF
ZWH
0.130
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
0.125
BMO US High Dividend Covered Call Hedged to CAD ETF
ZWS
0.105
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
0.076
BMO US Preferred Share Index ETF
ZUP
0.089
BMO US Preferred Share Index ETF (USD Units)*
ZUP.U
0.084
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
0.090
BMO USD Cash Management ETF (USD Units)*
ZUCM.U
0.089
*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, and ZUCM.U.
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 are managed by BMO Investments Inc., an investment fund manager and a separate legal entity from Bank of Montreal.
The Dow Jones Industrial Average Index CAD Hedged is a product of Dow Jones Opco, LLC ("Dow Jones Opco"), a subsidiary of S&P Dow Jones Indices LLC, and has been licensed for use. "Dow Jones®" and "Industrial Average Index CAD Hedged" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones"), and have been licensed to Dow Jones Opco and sublicensed by BMO Asset Management Inc. in connection with ZWA and ZWA.T . ZWA and ZWA.T are not sponsored, endorsed, sold or promoted by Dow Jones Opco, Dow Jones and their respective affiliates, and they make no representation regarding the advisability of trading or investing in ZWA and ZWA.T.
The BMO ETFs or securities referred to herein (ZDIV) 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.
Further information about BMO ETFs and ETF Series can be found at www.bmoetfs.com.
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.
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.
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 January 31, 2026. Serving clients 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 approximately 13 million clients 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 stronger communities.
SOURCE BMO Financial Group
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