Key stats
About BMO CANADIAN DIVIDEND ETF CAD UNITS
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Inception date
Oct 21, 2011
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund seeks income generation and long-term capital growth by using a dividend strategy on the Canadian equity market. It seeks to identify high yielding dividend equities, while screening for dividend sustainability and historical growth. A proprietary, rules-based methodology is applied on large-, mid-, and small-cap Canadian dividend payers. Eligible securities are screened for positive 3-year dividend growth rate and dividend payout sustainability, and then ranked by dividend yield. The top 50 yielding companies that pass both screens make up the portfolio. The resulting portfolio is weighted by yield, subject to a 35% sector cap and a 10% single security cap. The portfolio is rebalanced and reconstituted annually in June and December, respectively.
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
Finance
Industrial Services
Utilities
Stocks99.66%
Finance38.03%
Industrial Services11.22%
Utilities10.25%
Energy Minerals8.33%
Communications7.64%
Non-Energy Minerals6.41%
Retail Trade4.75%
Transportation4.56%
Technology Services3.32%
Process Industries3.21%
Producer Manufacturing1.08%
Consumer Non-Durables0.59%
Bonds, Cash & Other0.34%
Government0.62%
Cash−0.28%
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
ZDV invests in stocks. The fund's major sectors are Finance, with 38.14% stocks, and Industrial Services, with 11.25% of the basket. The assets are mostly located in the North America region.
ZDV top holdings are Toronto-Dominion Bank and Enbridge Inc., occupying 5.61% and 5.37% of the portfolio correspondingly.
ZDV last dividends amounted to 0.07 CAD. The month before, the issuer paid 0.07 CAD in dividends,
ZDV assets under management is 1.11 B CAD. It's risen 4.68% over the last month.
ZDV fund flows account for −1.23 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.
Yes, ZDV pays dividends to its holders with the dividend yield of 3.62%. The last dividend (May 2, 2025) amounted to 0.07 CAD. The dividends are paid monthly.
ZDV shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Oct 21, 2011, and its management style is Active.
ZDV expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
ZDV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZDV invests in stocks.
ZDV price has risen by 3.57% over the last month, and its yearly performance shows a 11.76% increase. See more dynamics on ZDV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.67% over the last month, showed a 4.15% increase in three-month performance and has increased by 16.08% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.67% over the last month, showed a 4.15% increase in three-month performance and has increased by 16.08% in a year.
ZDV trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.