BMO LONG-TERM US TREASURY BOND INDEX ETFBMO LONG-TERM US TREASURY BOND INDEX ETFBMO LONG-TERM US TREASURY BOND INDEX ETF

BMO LONG-TERM US TREASURY BOND INDEX ETF

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Key stats


Assets under management (AUM)
‪66.69 M‬CAD
Fund flows (1Y)
‪−149.39 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.02%
Shares outstanding
‪1.88 M‬
Expense ratio
0.22%

About BMO LONG-TERM US TREASURY BOND INDEX ETF


Brand
BMO
Home page
Inception date
Feb 28, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Bloomberg Barclays U.S. Treasury 20+ Year Index - CAD
Management style
Passive
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


Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Long-term
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ZTL via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZTL trades at 35.42 CAD today, its price has fallen −0.81% in the past 24 hours. Track more dynamics on ZTL price chart.
ZTL net asset value is 35.72 today — it's fallen 1.95% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZTL assets under management is ‪66.69 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
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.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZTL invests in bonds. See more details in our Analysis section.
ZTL expense ratio is 0.22%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZTL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZTL technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZTL shows the strong sell signal. See more of ZTL technicals for a more comprehensive analysis.
No, ZTL doesn't pay dividends to its holders.
ZTL trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZTL shares are issued by Bank of Montreal
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.
The fund started trading on Feb 28, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.