Key stats
About BMO US PFD SH HEDGED TO CAD IDX ETF CAD UNITS
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Inception date
Feb 9, 2017
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ZHP invests in preferred shares listed on the NYSE (including NYSE Arca and NYSE Amex), the NASDAQ Global Select Market, the NASDAQ Select Market or the NASDAQ Capital Market. Eligible securities are screened by market cap and liquidity, they must have a minimum rating of B-/B3/B-. The index includes two thirds of the highest yielding securities and weights them also according to yield, with the maximum weight of 3% per issuer. The index is rebalanced quarterly and hedges back the foreign currency exposure to CAD on a monthly basis via FX forward contracts. The fund aims to hold securities in parallel proportions as they are reflected in the index.
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
ETF
Bonds, Cash & Other100.00%
ETF95.87%
Cash4.13%
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
ZHP last dividends amounted to 0.09 CAD. The month before, the issuer paid 0.09 CAD in dividends,
ZHP assets under management is 20.16 M CAD. It's fallen 0.61% over the last month.
ZHP fund flows account for 2.72 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, ZHP pays dividends to its holders with the dividend yield of 6.62%. The last dividend (May 2, 2025) amounted to 0.09 CAD. The dividends are paid monthly.
ZHP shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 9, 2017, and its management style is Passive.
ZHP expense ratio is 0.56% meaning you'd have to pay 0.56% of your investment to help manage the fund.
ZHP follows the Solactive US Preferred Share Select Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZHP invests in funds.
ZHP price has fallen by −0.65% over the last month, and its yearly performance shows a −7.48% decrease. See more dynamics on ZHP price chart.
NAV returns, another gauge of an ETF dynamics, showed a −6.38% decrease in three-month performance and has decreased by −2.22% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −6.38% decrease in three-month performance and has decreased by −2.22% in a year.
ZHP trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.