Key stats
About BMO LONG-TERM US TREASURY BOND INDEX ETF
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Inception date
Feb 28, 2017
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management Corp.
The fund provides exposure to a variety of long-term US Treasury bonds. Securities selected are investment-grade and have more than 20 years until maturity. The index is market-value-weighted and rebalanced monthly. The fund aims to hold US Treasurys in parallel proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy, which uses quant analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics. The fund is also offered as CAD-hedged units and as USD units. Sibling fund ZTM provides the same exposure but with maturities of 5-10 years while ZTS holds shorter term bonds with 1-5 years to maturity.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government97.31%
Cash2.69%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZTL top holdings are United States Treasury Bond 4.625% 15-MAY-2054 and United States Treasury Bond 4.5% 15-NOV-2054, occupying 4.65% and 4.55% of the portfolio correspondingly.
ZTL assets under management is 66.69 M CAD. It's fallen 6.21% over the last month.
ZTL fund flows account for −149.39 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ZTL doesn't pay dividends to its holders.
ZTL shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 28, 2017, and its management style is Passive.
ZTL expense ratio is 0.22% meaning you'd have to pay 0.22% of your investment to help manage the fund.
ZTL follows the Bloomberg Barclays U.S. Treasury 20+ Year Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZTL invests in bonds.
ZTL price has fallen by −5.07% over the last month, and its yearly performance shows a −6.05% decrease. See more dynamics on ZTL price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.95% over the last month, showed a −7.33% decrease in three-month performance and has decreased by −2.58% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.95% over the last month, showed a −7.33% decrease in three-month performance and has decreased by −2.58% in a year.
ZTL trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.