When does BMO Covered Call Utilities 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 Covered Call Utilities ETF invest in?▾
BMO Covered Call Utilities ETF has been designed to provide exposure to an equal weight portfolio of utilities, telecoms and pipeline companies, while earning call option premiums. The call options are written out of the money, selected based on the option's implied volatility, and are written in proportion to the securities weight. The option premium provides limited downside protection. The underlying portfolio is rebalanced in June and reconstituted in December. Options are rolled forward upon expiry. In addition, as ZWU is a fund of fund, the management fees charged are reduced by those...