Key stats
About BMO LONG FEDERAL BOND INDEX ETF CAD UNITS
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Inception date
May 19, 2010
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 invests in high quality, CAD-denominated government bonds. The index consists of semi-annual pay fixed-rate federal bonds issued by the Government of Canada (including both non-agency, agency/crown corporations) and supranational entities. The index is weighted by market value and is usually rebalanced daily. Eligible securities must have a credit rating of AAA and maturities of greater than ten years. ZFL aims to hold securities in parallel proportions as they are reflected in the index. The Manager may also use a sampling methodology, which uses quantitative 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 portfolio is rebalanced daily.
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%
Government96.55%
Corporate3.77%
Cash−0.32%
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
ZFL invests in bonds. The fund's major sectors are Government, with 96.55% stocks, and Corporate, with 3.77% of the basket. The assets are mostly located in the North America region.
ZFL top holdings are Canada Treasury Bonds 2.0% 01-DEC-2051 and Canada Treasury Bonds 2.75% 01-DEC-2055, occupying 18.03% and 17.95% of the portfolio correspondingly.
ZFL last dividends amounted to 0.03 CAD. The month before, the issuer paid 0.03 CAD in dividends,
ZFL assets under management is 3.46 B CAD. It's fallen 0.39% over the last month.
ZFL fund flows account for 307.38 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, ZFL pays dividends to its holders with the dividend yield of 3.22%. The last dividend (May 2, 2025) amounted to 0.02 CAD. The dividends are paid monthly.
ZFL shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on May 19, 2010, and its management style is Passive.
ZFL expense ratio is 0.22% meaning you'd have to pay 0.22% of your investment to help manage the fund.
ZFL follows the FTSE Canada Long Term Federal Bond Index - CAD- TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZFL invests in bonds.
ZFL price has fallen by −2.21% over the last month, and its yearly performance shows a −1.74% decrease. See more dynamics on ZFL price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.76% over the last month, showed a −4.88% decrease in three-month performance and has increased by 0.58% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.76% over the last month, showed a −4.88% decrease in three-month performance and has increased by 0.58% in a year.
ZFL trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.