■ ETF · August 21, 2026
BMO Announces August 2026 Cash Distributions for ETFs and Mutual Fund Series
BMO Asset Management and BMO Investments announced August 2026 cash distributions for certain BMO ETFs and ETF series of BMO mutual funds, payable September 2, 2026.
Distribution Details
BMO Asset Management Inc., manager of BMO ETFs, and BMO Investments Inc., manager of BMO Mutual Funds, have announced the August 2026 cash distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series") that distribute monthly. The record date and ex-dividend date for all distributions is August 28, 2026. Unitholders of record at the close of business on that date will receive cash distributions payable on September 2, 2026.
The per-unit cash distribution amounts vary by fund. For funds with U.S.-dollar-denominated units, such as ZAAA.U, ZBBZ.U, ZJK.U, ZPR.U, ZIC.U, ZUAG.U, ZUP.U, ZWB.U, ZMI.U, ZPAY.U, ZUS.U, ZDY.U, ZWH.U, ZPW.U, and ZUCM.U, the distribution amounts are in U.S. dollars.
Covered Call and Target Cash Flow Funds
The announcement covers several covered call and target cash flow ETFs, including the BMO Canadian High Dividend Covered Call ETF (Target Cash Flow Units), BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (and its Target Cash Flow Units), BMO Covered Call Spread Gold Bullion ETF (Target Cash Flow Units), BMO Europe High Dividend Covered Call ETF (Target Cash Flow Units), BMO Europe High Dividend Covered Call Hedged to CAD ETF (Target Cash Flow Units), BMO Global High Dividend Covered Call ETF (Target Cash Flow Units), BMO US High Dividend Covered Call ETF (Target Cash Flow Units), and BMO US High Dividend Covered Call Hedged to CAD ETF (Target Cash Flow Units).
These funds are designed to provide monthly income through covered call strategies, and the distributions reflect the funds' performance and option premiums.
Management and Legal Notes
BMO ETFs are managed by BMO Asset Management Inc., an investment fund manager and portfolio manager, 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, also a separate legal entity from Bank of Montreal.
This communication is for information purposes only and should not be construed as investment, tax, or legal advice. Forward-looking statements are based on assumptions believed reasonable but are not guarantees of performance. Investors should consult the most recent prospectus for risk details.
For more on BMO's dividend record, see the BMO dividend calculator and BMO dividend history.
What it means for income investors
These distributions provide a regular income stream for unitholders, with the ex-dividend date set for August 28, 2026. The amounts vary by fund, reflecting underlying holdings and strategy, and are payable on September 2, 2026.
Reporting based on: Yahoo Finance. Figures verified against market data where available.