Key stats
About BMO US HIGH DIVID COVERED CALL ETF UNIT
Expense ratio
0.79%
Home page
Inception date
Feb 10, 2014
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
Finance
Technology Services
Health Technology
Consumer Non-Durables
Electronic Technology
Stocks100.35%
Finance13.72%
Technology Services13.64%
Health Technology13.37%
Consumer Non-Durables13.24%
Electronic Technology13.07%
Retail Trade8.07%
Energy Minerals6.48%
Consumer Services4.42%
Utilities4.27%
Communications2.73%
Transportation2.68%
Producer Manufacturing2.34%
Process Industries1.97%
Bonds, Cash & Other−0.35%
Cash0.00%
Rights & Warrants−0.01%
Miscellaneous−0.34%
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