BMO Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for June 2026

Canada NewsWire

TORONTO, June 22, 2026

TORONTO, June 22, 2026 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the June 2026 cash and reinvested distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series")¹ that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on June 29, 2026, will receive cash distributions payable on July 3, 2026.

The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is June 29, 2026.

Details of the per unit cash distribution amount are as follows:

Monthly Distributions

FUND NAME	FUND TICKER	CASH DISTRIBUTION PER UNIT $
BMO AAA CLO ETF	ZAAA	0.126
BMO AAA CLO ETF (Hedged Units)	ZAAA.F	0.124
BMO AAA CLO ETF (USD Units)*	ZAAA.U	0.126
BMO Aggregate Bond Index ETF	ZAG	0.039
BMO All-Equity ETF (Target Cash Flow Units)	ZEQT.T	0.100
BMO Balanced ETF (Target Cash Flow Units)	ZBAL.T	0.049
BMO BBB CLO ETF	ZBBZ	0.163
BMO BBB CLO ETF (Hedged Units)	ZBBZ.F	0.162
BMO BBB CLO ETF (USD Units)*	ZBBZ.U	0.163
BMO Canadian Core Plus US Balanced ETF	ZBCB	0.060
BMO Canadian Dividend ETF	ZDV	0.075
BMO Canadian High Dividend Covered Call ETF	ZWC	0.120
BMO Canadian High Dividend Covered Call ETF (Target Cash Flow Units)	ZWC.T	0.333
BMO Canadian MBS Index ETF	ZMBS	0.081
BMO Covered Call Canadian Banks ETF	ZWB	0.150
BMO Covered Call Canadian Banks ETF (Target Cash Flow Units)	ZWB.T	0.488
BMO Covered Call Canadian Banks ETF (USD Units)*	ZWB.U	0.190
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF	ZWA	0.150
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (Target Cash Flow Units)	ZWA.T	0.413
BMO Covered Call Energy ETF	ZWEN	0.220
BMO Covered Call Energy ETF (Target Cash Flow Units)	ZWEN.T	0.488
BMO Covered Call Health Care ETF	ZWHC	0.160
BMO Covered Call Health Care ETF (Target Cash Flow Units)	ZWHC.T	0.413
BMO Covered Call Spread Gold Bullion ETF	ZWGD	0.170
BMO Covered Call Spread Gold Bullion ETF (Target Cash Flow Units)	ZWGD.T	0.333
BMO Covered Call Technology ETF	ZWT	0.350
BMO Covered Call Technology ETF (Target Cash Flow Units)	ZWT.T	0.413
BMO Covered Call US Banks ETF	ZWK	0.145
BMO Covered Call US Banks ETF (Target Cash Flow Units)	ZWK.T	0.450
BMO Covered Call Utilities ETF	ZWU	0.070
BMO Covered Call Utilities ETF (Target Cash Flow Units)	ZWU.T	0.625
BMO Discount Bond Index ETF	ZDB	0.022
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	0.041
BMO Equal Weight Banks Index ETF	ZEB	0.148
BMO Equal Weight REITs Index ETF	ZRE	0.089
BMO Equal Weight Utilities Index ETF	ZUT	0.066
BMO Europe High Dividend Covered Call ETF	ZWP	0.110
BMO Europe High Dividend Covered Call ETF (Target Cash Flow Units)	ZWP.T	0.333
BMO Europe High Dividend Covered Call Hedged to CAD ETF	ZWE	0.120
BMO Europe High Dividend Covered Call Hedged to CAD ETF (Target Cash Flow Units)	ZWE.T	0.333
BMO Floating Rate High Yield ETF	ZFH	0.060
BMO Global Dividend Opportunities Fund (Active ETF Series)	ZGDV	0.034
BMO Global Enhanced Income Fund (ETF Series)	ZWQT	0.085
BMO Global High Dividend Covered Call ETF	ZWG	0.190
BMO Global High Dividend Covered Call ETF (Target Cash Flow Units)	ZWG.T	0.333
BMO Global Infrastructure Fund (Active ETF Series)	ZGIF	0.050
BMO Global REIT Fund (Active ETF Series)	ZGRT	0.055
BMO Government Bond Index ETF	ZGB	0.112
BMO Growth ETF (Target Cash Flow Units)	ZGRO.T	0.058
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	0.059
BMO High Yield US Corporate Bond Index ETF	ZJK	0.102
BMO High Yield US Corporate Bond Index ETF (USD Units)*	ZJK.U	0.096
BMO International Dividend ETF	ZDI	0.085
BMO International Dividend Hedged to CAD ETF	ZDH	0.085
BMO Laddered Preferred Share Index ETF	ZPR	0.057
BMO Laddered Preferred Share Index ETF (USD Units)*	ZPR.U	0.091
BMO Long Corporate Bond Index ETF	ZLC	0.057
BMO Long Federal Bond Index ETF	ZFL	0.028
BMO Long Provincial Bond Index ETF	ZPL	0.036
BMO Mid Corporate Bond Index ETF	ZCM	0.057
BMO Mid Federal Bond Index ETF	ZFM	0.034
BMO Mid Provincial Bond Index ETF	ZMP	0.040
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF	ZMU	0.048
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC	0.071
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)*	ZIC.U	0.051
BMO Money Market Fund (ETF Series)	ZMMK	0.100
BMO Monthly Income ETF	ZMI	0.050
BMO Monthly Income ETF (USD Units)*	ZMI.U	0.034
BMO MSCI Canada IMI High Dividend Yield Index ETF	ZDIV	0.104
BMO Premium Yield ETF	ZPAY	0.200
BMO Premium Yield ETF (Hedged Units)	ZPAY.F	0.175
BMO Premium Yield ETF (USD Units)*	ZPAY.U	0.180
BMO Real Return Bond Index ETF	ZRR	0.059
BMO Short Corporate Bond Index ETF	ZCS	0.047
BMO Short Federal Bond Index ETF	ZFS	0.029
BMO Short Provincial Bond Index ETF	ZPS	0.026
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF	ZSU	0.049
BMO Ultra Short-Term Bond ETF	ZST	0.103
BMO Ultra Short-Term US Bond ETF (USD Units)*	ZUS.U	0.160
BMO US Aggregate Bond Index ETF	ZUAG	0.074
BMO US Aggregate Bond Index ETF (Hedged Units)	ZUAG.F	0.068
BMO US Aggregate Bond Index ETF (USD Units)*	ZUAG.U	0.071
BMO US Dividend ETF	ZDY	0.075
BMO US Dividend ETF (USD Units)*	ZDY.U	0.055
BMO US Dividend Growth ETF	ZBDU	0.070
BMO US Dividend Growth ETF (Hedged Units)	ZBDU.F	0.070
BMO US Dividend Hedged to CAD ETF	ZUD	0.050
BMO US High Dividend Covered Call ETF	ZWH	0.140
BMO US High Dividend Covered Call ETF (Target Cash Flow Units)	ZWH.T	0.413
BMO US High Dividend Covered Call ETF (USD Units)*	ZWH.U	0.140
BMO US High Dividend Covered Call Hedged to CAD ETF	ZWS	0.120
BMO US High Dividend Covered Call Hedged to CAD ETF (Target Cash Flow Units)	ZWS.T	0.413
BMO US Preferred Share Hedged to CAD Index ETF	ZHP	0.077
BMO US Preferred Share Index ETF	ZUP	0.093
BMO US Preferred Share Index ETF (USD Units)*	ZUP.U	0.086
BMO US Put Write ETF	ZPW	0.125
BMO US Put Write ETF (USD Units)*	ZPW.U	0.125
BMO US Put Write Hedged to CAD ETF	ZPH	0.120
BMO USD Cash Management ETF	ZUCM	0.091
BMO USD Cash Management ETF (USD Units)*	ZUCM.U	0.089

Quarterly Distributions

FUND NAME	FUND TICKER	CASH DISTRIBUTION PER UNIT $
BMO All-Equity ETF	ZEQT	0.074
BMO Balanced ESG ETF	ZESG	0.074
BMO Balanced ETF	ZBAL	0.059
BMO Broad Commodity ETF	ZCOM	0.000
BMO Broad Commodity ETF (Hedged Units)	ZCOM.F	0.000
BMO Brookfield Global Renewables Infrastructure Fund (ETF Series)	GRNI	0.160
BMO Canadian Bank Income Index ETF	ZBI	0.346
BMO Conservative ETF	ZCON	0.054
BMO Core Plus Bond Fund (ETF Series)	ZCPB	0.200
BMO Corporate Bond Index ETF	ZCB	0.497
BMO Corporate Discount Bond ETF	ZCDB	0.169
BMO Dow Jones Industrial Average Hedged to CAD Index ETF	ZDJ	0.203
BMO Equal Weight Industrials Index ETF	ZIN	0.108
BMO Equal Weight Oil & Gas Index ETF	ZEO	0.793
BMO Equal Weight US Banks Hedged to CAD Index ETF	ZUB	0.178
BMO Equal Weight US Banks Index ETF	ZBK	0.205
BMO ESG Corporate Bond Index ETF	ESGB	0.281
BMO ESG US Corporate Bond Hedged to CAD Index ETF	ESGF	0.260
BMO Global Communications Index ETF	COMM	0.117
BMO Global Consumer Discretionary Hedged to CAD Index ETF	DISC	0.069
BMO Global Consumer Staples Hedged to CAD Index ETF	STPL	0.137
BMO Global Infrastructure Index ETF	ZGI	0.334
BMO Global Innovators Fund (Active ETF Series)	ZGIN	0.020
BMO Global Strategic Bond Fund (ETF Series)	ZGSB	0.300
BMO Growth ETF	ZGRO	0.065
BMO High Quality Corporate Bond Index ETF	ZQB	0.295
BMO Japan Index ETF	ZJPN	0.144
BMO Japan Index ETF (Hedged Units)	ZJPN.F	0.208
BMO Long Short Canadian Equity ETF	ZLSC	0.135
BMO Long Short US Equity ETF	ZLSU	0.085
BMO Long-Term US Treasury Bond Index ETF	ZTL	0.301
BMO Long-Term US Treasury Bond Index ETF (Hedged Units)	ZTL.F	0.229
BMO Long-Term US Treasury Bond Index ETF (USD Units)*	ZTL.U	0.282
BMO Low Volatility Canadian Equity ETF	ZLB	0.280
BMO Low Volatility International Equity ETF	ZLI	0.160
BMO Low Volatility International Equity Hedged to CAD ETF	ZLD	0.170
BMO Low Volatility US Equity ETF	ZLU	0.270
BMO Low Volatility US Equity ETF (USD Units)*	ZLU.U	0.190
BMO Low Volatility US Equity Hedged to CAD ETF	ZLH	0.170
BMO Market+ All Country World Equity ETF	ZMPW	0.000
BMO Market+ Canadian Equity ETF	ZMPC	0.000
BMO Market+ Global Equity ETF	ZMPG	0.000
BMO Market+ Low Volatility Global Equity ETF	ZMLG	0.000
BMO Market+ US Equity ETF	ZMPU	0.000
BMO Market+ US Equity ETF (Hedged Units)	ZMPU.F	0.000
BMO Market+ US Equity ETF (USD Units)*	ZMPU.U	0.000
BMO Mid-Term US Treasury Bond Index ETF	ZTM	0.422
BMO Mid-Term US Treasury Bond Index ETF (USD Units)*	ZTM.U	0.398
BMO MSCI All Country World High Quality Index ETF	ZGQ	0.107
BMO MSCI Canada Selection Equity Index ETF	ESGA	0.274
BMO MSCI Canada Value Index ETF	ZVC	0.210
BMO MSCI EAFE Hedged to CAD Index ETF	ZDM	0.192
BMO MSCI EAFE High Quality Index ETF	ZIQ	0.138
BMO MSCI EAFE Index ETF	ZEA	0.156
BMO MSCI EAFE Selection Equity Index ETF	ESGE	0.204
BMO MSCI EAFE Small-Mid Cap Index ETF	ZESM	0.157
BMO MSCI Europe High Quality Hedged to CAD Index ETF	ZEQ	0.132
BMO MSCI Global Selection Equity Index ETF	ESGG	0.139
BMO MSCI USA Equal Weight Index ETF	ZEQL	0.111
BMO MSCI USA Equal Weight Index ETF (Hedged Units)	ZEQL.F	0.103
BMO MSCI USA Equal Weight Index ETF (USD Units)*	ZEQL.U	0.104
BMO MSCI USA High Quality Index ETF	ZUQ	0.130
BMO MSCI USA High Quality Index ETF (Hedged Units)	ZUQ.F	0.077
BMO MSCI USA High Quality Index ETF (USD Units)*	ZUQ.U	0.083
BMO MSCI USA Selection Equity Index ETF	ESGY	0.121
BMO MSCI USA Selection Equity Index ETF (Hedged Units)	ESGY.F	0.089
BMO MSCI USA Value Index ETF	ZVU	0.208
BMO S&P 500 Hedged to CAD Index ETF	ZUE	0.207
BMO S&P 500 Index ETF	ZSP	0.235
BMO S&P 500 Index ETF (USD Units)*	ZSP.U	0.169
BMO S&P US Mid Cap Index ETF	ZMID	0.129
BMO S&P US Mid Cap Index ETF (Hedged Units)	ZMID.F	0.111
BMO S&P US Mid Cap Index ETF (USD Units)*	ZMID.U	0.123
BMO S&P US Small Cap Index ETF	ZSML	0.136
BMO S&P US Small Cap Index ETF (Hedged Units)	ZSML.F	0.117
BMO S&P US Small Cap Index ETF (USD Units)*	ZSML.U	0.131
BMO S&P/TSX 60 Index ETF	ZIU	0.412
BMO S&P/TSX Capped Composite Index ETF	ZCN	0.243
BMO Short-Term Bond Index ETF	ZSB	0.382
BMO Short-Term Discount Bond ETF	ZSDB	0.113
BMO Short-Term US TIPS Index ETF	ZTIP	0.390
BMO Short-Term US TIPS Index ETF (Hedged Units)	ZTIP.F	0.338
BMO Short-Term US TIPS Index ETF (USD Units)*	ZTIP.U	0.354
BMO Short-Term US Treasury Bond Index ETF	ZTS	0.387
BMO Short-Term US Treasury Bond Index ETF (USD Units)*	ZTS.U	0.364
BMO Sustainable Global Multi-Sector Bond Fund (ETF Series)	ZMSB	0.250
BMO Tactical Dividend ETF Fund (ETF Series)	ZZZD	0.300
BMO Target 2027 Canadian Corporate Bond ETF	ZXCO	0.101
BMO Target 2028 Canadian Corporate Bond ETF	ZXCP	0.101
BMO Target 2029 Canadian Corporate Bond ETF	ZXCQ	0.104
BMO US Equity Buffer Hedged to CAD ETF – April	ZAPR	0.041
BMO US Equity Buffer Hedged to CAD ETF – January	ZJAN	0.042
BMO US Equity Buffer Hedged to CAD ETF – July	ZJUL	0.041
BMO US Equity Buffer Hedged to CAD ETF – October	ZOCT	0.043

Quarterly Distributions - Automatically Reinvested

The following quarterly cash distributions are distributed and automatically reinvested in additional Accumulating Units of the applicable BMO ETF, which are consolidated immediately.

FUND NAME	FUND TICKER	REINVESTED DISTRIBUTION PER UNIT ($)
BMO Short Corporate Bond Index ETF (Accumulating Units)	ZCS.L	0.290
BMO Short Federal Bond Index ETF (Accumulating Units)	ZFS.L	0.190
BMO Short Provincial Bond Index ETF (Accumulating Units)	ZPS.L	0.160
BMO Ultra Short-Term Bond ETF (Accumulating Units)	ZST.L	0.550
BMO Ultra Short-Term US Bond ETF (USD Accumulating Units)	ZUS.V	0.720

*Distribution per unit ($) amounts are USD for ZAAA.U, ZBBZ.U, ZWB.U, ZJK.U, ZPR.U, ZIC.U, ZMI.U, ZPAY.U, ZUS.U, ZUAG.U, ZDY.U, ZWH.U, ZUP.U, ZPW.U, ZUCM.U, ZTL.U, ZLU.U, ZMPU.U, ZTM.U, ZEQL.U, ZUQ.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, and ZUS.V.

¹ BMO ETFs are managed by BMO Asset Management Inc., an investment fund manager, a portfolio manager, and a separate legal entity from Bank of Montreal. ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., an investment fund manager and a separate legal entity from Bank of Montreal.

The Dow Jones Industrial Average Index CAD Hedged is a product of Dow Jones Opco, LLC ("Dow Jones Opco"), a subsidiary of S&P Dow Jones Indices LLC, and has been licensed for use. "Dow Jones®" and "Industrial Average Index CAD Hedged" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones"), and have been licensed to Dow Jones Opco and sublicensed by BMO Asset Management Inc. in connection with ZWA, ZWA.T and ZDJ. ZWA, ZWA.T and ZDJ are not sponsored, endorsed, sold or promoted by Dow Jones Opco, Dow Jones and their respective affiliates, and they make no representation regarding the advisability of trading or investing in ZWA, ZWA.T and ZDJ.

The BMO ETFs or securities referred to herein (ZDIV, ZGQ, ESGA, ZVC, ZDM, ZIQ, ZEA, ESGE, ZESM, ZEQ, ESGG, ZEQL, ZEQL.F, ZEQL.U, ZUQ, ZUQ.F, ESGY, ESGY.F and ZVU) are not sponsored, endorsed or promoted by MSCI Inc. ("MSCI"), and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

The S&P 500, S&P/TSX 60 Index, and S&P/TSX Capped Composite Index are products of S&P Dow Jones Indices LLC or its affiliates (SPDJI), and have been licensed for use by BMO Asset Management Inc. S&P®, S&P/TSX Capped Composite®, S&P 500® are trademarks of S&P Global, Inc. or its affiliates (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by BMO Asset Management Inc. The relevant BMO ETF (ZUE, ZSP, ZSP.U, ZMID, ZMID.F, ZMID.U, ZSML, ZSML.F, ZSML.U, ZIU, or ZCN) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.

Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmoetfs.com.

Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series. Please read the applicable ETF facts or prospectus of the relevant BMO ETF or ETF Series before investing. BMO ETFs and ETF Series are not guaranteed, their values change frequently, and past performance may not be repeated. BMO ETFs and ETF Series units may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.

Distributions are not guaranteed and are subject to change and/or elimination depending on market conditions. The payment of distributions should not be confused with an investment fund's performance, rate of return or yield. If distributions paid by an investment fund are greater than the performance of the fund, investors' original investment will shrink. Distributions of net income and net taxable gains of a BMO ETF or an ETF Series will be included in the unitholder's income for tax purposes in the year they are paid, whether or not such amounts are reinvested in additional units. A unitholder's adjusted cost base ("ACB") will be reduced by the amount of any return of capital ("ROC"). If a unitholder's ACB goes below zero, such unitholder will have to pay capital gains tax on the amount below zero. Please refer to the summary of the principal income tax considerations set out in the prospectus for the relevant BMO ETF or ETF Series. Investors should also consult their own tax advisors about their individual circumstances.

The Target Cash Flow Units are subject to capital depletion risk. Target Cash Flow Units make monthly distributions of a fixed amount which may be comprised of, in whole or in part, a ROC. A ROC reduces the amount of an original investment and may result in the return to investors of the entire amount of an original investment.

For a summary of the risks of an investment in the BMO ETFs or ETF Series, please see the specific risks set out in the relevant prospectus.

"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

About BMO Global Asset Management

BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. Certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors in Canada and may not be available to all investors.

About BMO Financial Group

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of April 30, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly. Driven by its purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities.

SOURCE BMO Financial Group