The BMO US High Dividend Covered Call ETF has been designed to provide exposure to a dividend focused portfolio, while earning call option premiums. The underlying portfolio is yield-weighted and broadly diversified across sectors. The Fund screens for securities for dividend growth, sustainability, and option liquidity. The Fund also dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's implied volatility. The option premium provides limited downside protection. The underlying portfolio is rebalanced to maintain broad sector diversification and options are rolled forward upon expiry. In addition, ZWH may hold other underlying ETFs, the management fees charged are reduced by management fees paid on the underlying ETFs, thereby avoiding duplication of the management fees.
Frequently asked questions
What sector does BMO US High Dividend Covered Call (ZWH) operate in?
BMO US High Dividend Covered Call belongs to the Other sector.
What is BMO US High Dividend Covered Call (ZWH) current stock price?
As of the latest data, BMO US High Dividend Covered Call stock price is CA$26.83, with a previous close of CA$26.66. BMO US High Dividend Covered Call gained CA$0.17 in the last trading session, representing a 0.64% increase.
Does BMO US High Dividend Covered Call (ZWH) pay dividends?
Yes. BMO US High Dividend Covered Call pays monthly dividends with an annualized yield of 6.26% and an estimated annual payout of CA$1.68 per share.
When is the next ex-dividend date for BMO US High Dividend Covered Call (ZWH)?
The next ex-dividend date is scheduled for October 29, 2026.
What is BMO US High Dividend Covered Call (ZWH) beta (volatility) score?
BMO US High Dividend Covered Call has a beta of 0.610, indicating lower volatility than the overall market.
