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Overview

Fund Profile

Key Facts

Fund Ticker ZTL.U
Net Assets (Mn)
(Jan 18, 2019)
$ 3.43
Base Currency USD
Closing Market Price $ 50.26
12-Month Low/High (Market Price) $ 46.59 / $ 52.37
Closing NAV Price
(Jan 18, 2019)
$ 48.9372
12-Month Low/High (Price (NAV)) $ 46.3392 / $ 51.1669
Weighted Average Term (Years) 25.05
Weighted Average Coupon (%) 3.33%
Annualized Distribution Yield
(Jan 11, 2019)

Annualized Distribution Yield: The most recent regular distribution (excluding year end distributions for those ETFs that distribute more frequently) annualized for frequency divided by current NAV.

2.83%
Weighted Average Yield to Maturity (%)

Weighted Average Yield to Maturity: The market value weighted average yield to maturity includes the coupon payments and any capital gain or loss that the investor will realize by holding the bonds to maturity.

2.99%
Weighted Average Duration (Years) 17.33
Maximum Annual Management Fee 0.20%
Management Expense Ratio 0.23%
Market Volume 24
Distribution Frequency Quarterly
Options Available No
Inception Date Feb 28, 2017
Fiscal Year-End December 15
Units Outstanding (000's) 70
Index Bloomberg Barclays U.S. Long Treasury Bond Index
Exchange NEO
CUSIP 05582Y209
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The BMO Long-Term US Treasury Bond Index ETF has been designed to replicate, to the extent possible, the performance of the Bloomberg Barclays U.S. Long Treasury Bond Index, net of expenses. The Fund invests in a variety of U.S. Treasuries primarily with a term to maturity greater than ten years.

Benchmark

The Bloomberg Barclays U.S. Long Treasury Bond Index consists of U.S. Treasury bonds denominated in Canadian dollars, with an effective term to maturity greater than ten years and greater than $250 million shares outstanding. Each security in the index is weighted by its relative market capitalization and rebalanced on a monthly basis.

Fund Benefits

  • Designed for investors looking for consistent income
  • Invested in a diversified portfolio of US Treasury bonds
  • Includes bonds with greater than 10 years to maturity
  • Professionally managed by BMO Global Asset Management¬†

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Jan 18, 2019)
$ 3.43
Market Price $ 50.26
12-Month Low/High (Market Price) $ 46.59 / $ 52.37
Price (NAV) $ 48.9372
12-Month Low/High (Price (NAV)) $ 46.3392 / $ 51.1669
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Jan 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 50.26 - -
Price (NAV) $ 48.9372 $ -0.2348 -0.48%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Dec 31, 2018

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -2.07% - - - - 1.75%
Index -1.84% - - - - 2.42%
Calendar Performance

Calendar Year Performance (%) for period ending: Dec 31, 2018

YTD 2017
NAV -2.07% 5.41%
Index -1.84% 6.45%
Cumulative Performance

Cumulative Performance (%) for period ending: Dec 31, 2018

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -2.07% 5.12% 4.04% 1.09% -2.07% - - - - 3.23%
Index -1.84% 5.47% 4.19% 1.19% -1.84% - - - - 4.49%

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Tax & Distributions

Distribution History

Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.

The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.

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Distribution Period

Future distribution dates may change without any prior notice.

Ex-Dividend Date Record Date Pay Date Cash Distribution Per Unit Reinvested Distribution Per Unit

Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

Total Distribution Per Unit
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 - - -
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 - - -
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Dec, 2019 Dec 27, 2019 Dec 30, 2019 Jan 03, 2020 - - -
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Distribution Period Eligible Dividends Non Eligible Dividends Other Income Capital Gains Return of Capital Foreign Income Foreign Tax Paid Total Distribution per Unit for Tax Purpose

The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Jan 18, 2019

Fixed Income

99.29%

Cash and Cash Equivalents

0.71%

Number of Holdings

50

Total Net Assets

$ 3,425,607.00


Download Holdings (Excel)
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Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
5.47% US TREASURY N/B 08/48 3 US912810SD19 490,000 USD 3.00 08/15/2048 645,602 - Fixed Income
4.03% US TREASURY N/B 05/48 3.125 US912810SC36 355,000 USD 3.13 05/15/2048 475,494 - Fixed Income
3.62% US TREASURY N/B 05/45 3 US912810RM27 325,000 USD 3.00 05/15/2045 426,771 - Fixed Income
3.38% US TREASURY N/B 05/43 2.875 US912810RB61 310,000 USD 2.88 05/15/2043 398,559 - Fixed Income
3.29% US TREASURY N/B 11/44 3 US912810RJ97 295,000 USD 3.00 11/15/2044 387,568 - Fixed Income
3.27% US TREASURY N/B 08/44 3.125 US912810RH32 285,000 USD 3.13 08/15/2044 385,801 - Fixed Income
3.21% US TREASURY N/B 05/44 3.375 US912810RG58 270,000 USD 3.38 05/15/2044 378,554 - Fixed Income
3.19% US TREASURY N/B 02/47 3 US912810RV26 285,000 USD 3.00 02/15/2047 376,628 - Fixed Income
3.05% US TREASURY N/B 02/45 2.5 US912810RK60 300,000 USD 2.50 02/15/2045 359,683 - Fixed Income
3.00% US TREASURY N/B 02/44 3.625 US912810RE01 240,000 USD 3.63 02/15/2044 353,407 - Fixed Income
2.99% US TREASURY N/B 02/46 2.5 US912810RQ31 295,000 USD 2.50 02/15/2046 352,466 - Fixed Income
2.97% US TREASURY N/B 11/43 3.75 US912810RD28 235,000 USD 3.75 11/15/2043 349,943 - Fixed Income
2.82% US TREASURY N/B 11/46 2.875 US912810RU43 260,000 USD 2.88 11/15/2046 332,655 - Fixed Income
2.72% US TREASURY N/B 05/47 3 US912810RX81 245,000 USD 3.00 05/15/2047 320,854 - Fixed Income
2.68% US TREASURY N/B 08/46 2.25 US912810RT79 280,000 USD 2.25 08/15/2046 316,320 - Fixed Income
2.68% US TREASURY N/B 11/48 3.375 US912810SE91 225,000 USD 3.38 11/15/2048 316,585 - Fixed Income
2.63% US TREASURY N/B 08/45 2.875 US912810RN00 240,000 USD 2.88 08/15/2045 309,699 - Fixed Income
2.51% US TREASURY N/B 02/48 3 US912810SA79 225,000 USD 3.00 02/15/2048 296,287 - Fixed Income
2.39% US TREASURY N/B 11/45 3 US912810RP57 215,000 USD 3.00 11/15/2045 282,287 - Fixed Income
2.32% US TREASURY N/B 11/47 2.75 US912810RZ30 220,000 USD 2.75 11/15/2047 273,607 - Fixed Income
2.21% US TREASURY N/B 05/46 2.5 US912810RS96 220,000 USD 2.50 05/15/2046 260,872 - Fixed Income
2.12% US TREASURY N/B 02/43 3.125 US912810QZ49 185,000 USD 3.13 02/15/2043 250,447 - Fixed Income
2.04% US TREASURY N/B 02/41 4.75 US912810QN19 140,000 USD 4.75 02/15/2041 240,930 - Fixed Income
2.02% US TREASURY N/B 08/47 2.75 US912810RY64 190,000 USD 2.75 08/15/2047 238,100 - Fixed Income
1.93% US TREASURY N/B 08/43 3.625 US912810RC45 155,000 USD 3.63 08/15/2043 228,041 - Fixed Income
1.74% US TREASURY N/B 02/36 4.5 US912810FT08 125,000 USD 4.50 02/15/2036 205,630 - Fixed Income
1.72% US TREASURY N/B 05/40 4.375 US912810QH41 125,000 USD 4.38 05/15/2040 202,743 - Fixed Income
1.60% US TREASURY N/B 02/39 3.5 US912810QA97 130,000 USD 3.50 02/15/2039 189,058 - Fixed Income
1.58% US TREASURY N/B 02/40 4.625 US912810QE10 110,000 USD 4.63 02/15/2040 185,802 - Fixed Income
1.49% US TREASURY N/B 08/40 3.875 US912810QK79 115,000 USD 3.88 08/15/2040 175,717 - Fixed Income
1.44% US TREASURY N/B 02/31 5.375 US912810FP85 100,000 USD 5.38 02/15/2031 170,195 - Fixed Income
1.40% US TREASURY N/B 05/37 5 US912810PU60 95,000 USD 5.00 05/15/2037 165,079 - Fixed Income
1.39% US TREASURY N/B 11/42 2.75 US912810QY73 130,000 USD 2.75 11/15/2042 163,677 - Fixed Income
1.38% US TREASURY N/B 05/41 4.375 US912810QQ40 100,000 USD 4.38 05/15/2041 162,471 - Fixed Income
1.35% US TREASURY N/B 05/39 4.25 US912810QB70 100,000 USD 4.25 05/15/2039 159,455 - Fixed Income
1.34% US TREASURY N/B 08/39 4.5 US912810QC53 95,000 USD 4.50 08/15/2039 157,792 - Fixed Income
1.33% US TREASURY N/B 08/41 3.75 US912810QS06 105,000 USD 3.75 08/15/2041 157,473 - Fixed Income
1.29% US TREASURY N/B 05/42 3 US912810QW18 115,000 USD 3.00 05/15/2042 151,678 - Fixed Income
1.14% US TREASURY N/B 11/41 3.125 US912810QT88 100,000 USD 3.13 11/15/2041 134,874 - Fixed Income
1.03% US TREASURY N/B 11/39 4.375 US912810QD37 75,000 USD 4.38 11/15/2039 121,458 - Fixed Income
1.02% US TREASURY N/B 08/42 2.75 US912810QX90 95,000 USD 2.75 08/15/2042 120,616 - Fixed Income
0.92% US TREASURY N/B 02/42 3.125 US912810QU51 80,000 USD 3.13 02/15/2042 108,680 - Fixed Income
0.88% US TREASURY N/B 11/40 4.25 US912810QL52 65,000 USD 4.25 11/15/2040 103,725 - Fixed Income
0.69% US TREASURY N/B 02/38 4.375 US912810PW27 50,000 USD 4.38 02/15/2038 81,685 - Fixed Income
0.49% US TREASURY N/B 02/29 5.25 US912810FG86 35,000 USD 5.25 02/15/2029 57,390 - Fixed Income
0.43% US TREASURY N/B 02/37 4.75 US912810PT97 30,000 USD 4.75 02/15/2037 51,056 - Fixed Income
0.42% US TREASURY N/B 05/38 4.5 US912810PX00 30,000 USD 4.50 05/15/2038 49,375 - Fixed Income
0.38% US TREASURY N/B 05/30 6.25 US912810FM54 25,000 USD 6.25 05/15/2030 44,544 - Fixed Income
0.30% US TREASURY N/B 08/29 6.125 US912810FJ26 20,000 USD 6.13 08/15/2029 35,240 - Fixed Income
0.71% CASH - 1 CAD - - 84,046 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Maturity

Credit Allocation

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