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About BMO Mid-Term US Treasury Bond Index ETF
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Inception date
Feb 28, 2017
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05583N1033
The fund provides exposure to midterm US Treasury bonds. These securities are investment-grade and have 5-10 years until maturity. The index is market-value-weighted and is usually rebalanced monthly. The fund aims to hold US Treasurys in parallel proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics. Sibling fund ZTL provides the same exposure but with maturities of 20+ years, while ZTS holds shorter term bonds with 1-5 years to maturity.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government99.85%
Cash0.15%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZTM top holdings are United States Treasury Notes 4.625% 15-FEB-2035 and United States Treasury Notes 4.375% 15-MAY-2034, occupying 4.08% and 3.97% of the portfolio correspondingly.
No, ZTM doesn't pay dividends to its holders.
ZTM shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 28, 2017, and its management style is Passive.
ZTM expense ratio is 0.23% meaning you'd have to pay 0.23% of your investment to help manage the fund.
ZTM follows the Bloomberg Barclays U.S. Treasury 5-10 Year Bond Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZTM invests in bonds.
ZTM price has risen by 0.78% over the last month, and its yearly performance shows a 2.55% increase. See more dynamics on ZTM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.39% over the last month, showed a 2.74% increase in three-month performance and has increased by 5.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.39% over the last month, showed a 2.74% increase in three-month performance and has increased by 5.04% in a year.
ZTM trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.