TORONTO, Feb. 16, 2023 /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 February 2023 cash distributions for unitholders of BMO ETFs and unitholders of ETF Series units of the BMO Mutual Funds (ETF Series), as set out in the table below. Unitholders of record of the BMO ETFs and ETF Series at the close of business on February 27, 2023 will receive cash distributions payable on March 2, 2023.

Unitholders of record of ETF Series of BMO Money Market Fund (TSX: ZMMK) at the close of business on February 24, 2023 will receive cash distributions payable on March 2, 2023.

The ex-dividend date and record date for ZMMK is February 24, 2023.

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

FUND NAME  FUND TICKER CASH 
DISTRIBUTION 
PER UNIT BMO Aggregate Bond Index ETF ZAG $0.040 BMO Canadian Dividend ETF ZDV $0.070 BMO Canadian High Dividend Covered Call ETF  ZWC $0.110 BMO Canadian MBS Index ETF ZMBS $0.040 BMO Covered Call Canadian Banks ETF ZWB $0.120 BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA $0.130 BMO Covered Call Technology ETF ZWT $0.120 BMO Covered Call US Banks ETF ZWK $0.170 BMO Covered Call Utilities ETF ZWU $0.080 BMO Discount Bond Index ETF ZDB $0.030 BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF $0.045 BMO Equal Weight Banks Index ETF ZEB $0.140 BMO Equal Weight REITs Index ETF ZRE $0.090 BMO Equal Weight Utilities Index ETF ZUT $0.075 BMO ESG High Yield US Corporate Bond Index ETF ESGH $0.120 BMO ESG High Yield US Corporate Bond Index ETF (Hedged Units) ESGH.F $0.110 BMO Europe High Dividend Covered Call ETF ZWP $0.105 BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE $0.120 BMO Floating Rate High Yield ETF ZFH $0.055 BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY $0.060 BMO High Yield US Corporate Bond Index ETF  ZJK $0.090 BMO High Yield US Corporate Bond Index ETF (USD Units)* ZJK.U $0.085 BMO International Dividend ETF ZDI $0.075 BMO International Dividend Hedged to CAD ETF ZDH $0.085 BMO Laddered Preferred Share Index ETF ZPR $0.045 BMO Long Corporate Bond Index ETF ZLC $0.065 BMO Long Federal Bond Index ETF ZFL $0.040 BMO Long Provincial Bond Index ETF ZPL $0.045 BMO Mid Corporate Bond Index ETF ZCM $0.046 BMO Mid Federal Bond Index ETF  ZFM $0.028 BMO Mid Provincial Bond Index ETF ZMP $0.034 BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU $0.045 BMO Mid-Term US IG Corporate Bond Index ETF ZIC $0.055 BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* ZIC.U $0.042 BMO Monthly Income ETF ZMI $0.060 BMO Premium Yield ETF ZPAY $0.160 BMO Premium Yield ETF (Hedged Units) ZPAY.F $0.160 BMO Premium Yield ETF (USD Units)* ZPAY.U $0.160 BMO Real Return Bond Index ETF ZRR $0.100 BMO Short Corporate Bond Index ETF ZCS $0.035 BMO Short Federal Bond Index ETF ZFS $0.022 BMO Short Provincial Bond Index ETF ZPS $0.030 BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU $0.035 BMO Ultra Short-Term Bond ETF ZST $0.190 BMO Ultra Short-Term US Bond ETF (USD Units)* ZUS.U $0.210 BMO US Dividend ETF ZDY $0.080 BMO US Dividend ETF (USD Units)* ZDY.U $0.065 BMO US Dividend Hedged to CAD ETF ZUD $0.060 BMO US High Dividend Covered Call ETF ZWH $0.110 BMO US High Dividend Covered Call ETF (USD Units)* ZWH.U $0.115 BMO US High Dividend Covered Call Hedged to CAD ETF ZWS $0.100 BMO US Preferred Share Hedged to CAD Index ETF  ZHP $0.110 BMO US Preferred Share Index ETF ZUP $0.110 BMO US Preferred Share Index ETF (USD Units)*  ZUP.U $0.110 BMO US Put Write ETF ZPW $0.095 BMO US Put Write ETF (USD Units)* ZPW.U $0.095 BMO US Put Write Hedged to CAD ETF  ZPH $0.100 BMO Global High Dividend Covered Call ETF ZWG $0.180 BMO Covered Call Canadian Banks ETF (USD Units)* ZWB.U $0.150 BMO Laddered Preferred Share Index ETF (USD Units)* ZPR.U $0.075 BMO Monthly Income ETF (USD Units)* ZMI.U $0.100 BMO Balanced ETF (Fixed Percentage Distribution Units) ZBAL.T $0.135 BMO Money Market Fund (ETF Series) ZMMK $0.210 BMO Covered Call Energy ETF ZWEN $0.210 BMO Covered Call Health Care ETF ZWHC $0.160 BMO US Aggregate Bond Index ETF ZUAG $0.050 BMO US Aggregate Bond Index ETF (Hedged Units) ZUAG.F $0.050 BMO US Aggregate Bond Index ETF (USD Units)* ZUAG.U $0.050 BMO Growth ETF (Fixed Percentage Distribution Units) ZGRO.T $0.150

*Cash distribution per unit ($) amounts are USD for ZJK.U, ZIC.U, ZPAY.U, ZUS.U, ZDY.U, ZWH.U, ZUP.U, 
ZPW.U, ZWB.U, ZPR.U, ZMI.U, and ZUAG.U.

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

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 is 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.

The Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by the Manager. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® 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 the Manager. The ETF 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.

BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds.  Please read the ETF facts or prospectus of the relevant BMO ETF or ETF Series before investing.  The indicated rates of return are the historical compounded total returns including changes in share or unit value and the reinvestment of all dividends or distributions and do not take into account the sales, redemption, distribution, optional charges or income tax payable by the unitholder that would have reduced returns BMO ETFs and ETF Series are not guaranteed, their values change frequently, and past performance may not be repeated.

For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the prospectus.  BMO ETFs and ETF Series trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.

BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and 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., which is an investment fund manager and a separate legal entity from Bank of Montreal.

®/™Registered trademarks/trademark of Bank of Montreal, used under licence.

About BMO Exchange Traded Funds (ETFs) BMO Exchange Traded Funds has been an ETF provider in Canada for more than 12 years, with over 100 strategies, over 25 per cent market share in Canada1, and $87.6 billion in assets under management. BMO ETFs are designed to stay ahead of market trends and provide compelling solutions to help advisors and investors. This includes a comprehensive suite of ETFs developed in Canada for Canadians, such as cost effective core equity ETFs following market leading indexes, and a broad range of fixed income ETFs; solution-based ETFs responding to client demand; and innovation with smart beta ETFs, as well as combining active and passive investing with ETF series of active mutual funds.

1Morningstar, December 2022

About BMO Financial Group Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.14 trillion as of October 31, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group Cision

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