When does BMO Floating Rate High Yield ETF pay distributions?▾
The most recent ex-dividend date was April 29, 2026. The next scheduled dividend payment date is May 4, 2026.
What does BMO Floating Rate High Yield ETF invest in?▾
BMO Floating Rate High Yield ETF provides exposure to high yield credit with minimal duration risks. The Fund invests in Canadian short term bonds to minimize interest rate risk and currency risk. To enhance the yield, the Fund gains exposure to a diversified basket of US high yield (non-investment grade) issuers through the use of credit default swaps (CDS). Exposure through CDS provides the fund with several benefits, including central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight.
