The fund seeks to provide Unitholders with exposure to the performance of a portfolio of dividend paying U.S. companies while mitigating downside risk, and also seeks to provide Unitholders with monthly distributions. BMO US High Dividend Covered Call ETF will primarily invest in and hold the equity securities of dividend paying U.S. companies. The selected companies will have the potential for long-term capital growth. Eligible securities will be selected using a rules based methodology that considers dividend growth, yield, payout ratio and eligibility will be reviewed annually. In addition, depending on market volatility and other factors, BMO US High Dividend Covered Call ETF will write covered call options on these securities.
Inception Date: 06/02/2015
Primary Benchmark: N/A
Primary Index: S&P 500 TR (Bank of Canada) CAD
Gross Expense Ratio: NA%
Management Expense Ratio: 0.72 %
|T||AT&T Inc.||3.97 %|
|ABBV||AbbVie Inc.||3.94 %|
|IBM||International Business Machines Corporation||3.92 %|
|PPL||PPL Corporation||3.82 %|
|SO||Southern Company (The)||3.63 %|
|VTR||Ventas Inc.||3.58 %|
|QCOM||QUALCOMM Incorporated||3.48 %|
|OXY||Occidental Petroleum Corporation||3.41 %|
|VLO||Valero Energy Corporation||3.39 %|
|VZ||Verizon Communications Inc.||3.38 %|
|ZSP:CA||BMO S&P 500 Index ETF||0.09 %||
|XSP:CA||iShares Core S&P 500 Index ETF..||0.11 %||
|VFV:CA||Vanguard S&P 500 Index ETF||0.08 %||
|VUN:CA||Vanguard U.S. Total Market Ind..||0.16 %||
|ZDY:CA||BMO US Dividend ETF||0.34 %||
|XUU:CA||iShares Core S&P U.S. Total Ma..||0.08 %||
|XUS:CA||iShares Core S&P 500 Index ETF||0.11 %||
|ZUE:CA||BMO S&P 500 Hedged to CAD Inde..||0.10 %||
|VSP:CA||Vanguard S&P 500 Index ETF (CA..||0.08 %||
|ZLU:CA||BMO Low Volatility US Equity E..||0.33 %||
|Market Performance vs.
Industry/Classification (US Equity)
|Market Performance vs. Exchange (Toronto Stock Exchange)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||5.95%||84%||B||77%||C+|
|Risk Adjusted Return||105.01%||58%||F||90%||A-|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.