Key stats
About BMO US High Dividend Covered Call ETF
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Inception date
Feb 10, 2014
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
CA05579F1062
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding U.S. dividend equities that are screened for dividend payout sustainability and positive 3-year dividend growth. Underlying portfolio securities are selected and weighted by dividend yield. The fund holds underlying stock positions on this portfolio and writes call options out of the money. The call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums, which provide limited downside protection.
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
Electronic Technology
Health Technology
Consumer Non-Durables
Finance
Technology Services
Stocks100.17%
Electronic Technology15.60%
Health Technology14.51%
Consumer Non-Durables13.45%
Finance12.68%
Technology Services11.21%
Retail Trade8.22%
Energy Minerals6.55%
Consumer Services4.29%
Utilities4.18%
Communications2.89%
Transportation2.17%
Producer Manufacturing2.14%
Process Industries1.94%
Bonds, Cash & Other−0.17%
Cash0.16%
Rights & Warrants−0.33%
Stock breakdown by region
North America96.55%
Europe3.45%
Latin America0.00%
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
ZWH invests in stocks. The fund's major sectors are Electronic Technology, with 15.66% stocks, and Health Technology, with 14.56% of the basket. The assets are mostly located in the North America region.
ZWH top holdings are Apple Inc. and AbbVie, Inc., occupying 4.32% and 4.23% of the portfolio correspondingly.
ZWH last dividends amounted to 0.13 CAD. The month before, the issuer paid 0.13 CAD in dividends,
ZWH assets under management is 1.06 B CAD. It's fallen 1.04% over the last month.
ZWH fund flows account for 27.40 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ZWH pays dividends to its holders with the dividend yield of 5.78%. The last dividend (Sep 3, 2025) amounted to 0.13 CAD. The dividends are paid monthly.
ZWH shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 10, 2014, and its management style is Active.
ZWH expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
ZWH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZWH invests in stocks.
ZWH price has risen by 0.62% over the last month, and its yearly performance shows a 0.62% increase. See more dynamics on ZWH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.62% over the last month, showed a 8.37% increase in three-month performance and has increased by 6.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.62% over the last month, showed a 8.37% increase in three-month performance and has increased by 6.95% in a year.
ZWH trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.