BMO Money Market Fund (TSX: ZMMK)
Canada
· Delayed Price · Currency is CAD | Assets | 2.31B |
| Expense Ratio | 0.13% |
| PE Ratio | n/a |
| Dividend (ttm) | 2.51 |
| Dividend Yield | 5.04% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +0.04% |
| Volume | 79,766 |
| Open | 49.93 |
| Previous Close | 49.95 |
| Day's Range | n/a |
| 52-Week Low | 49.87 |
| 52-Week High | 50.11 |
| Beta | -0.00 |
| Holdings | 269 |
| Inception Date | Nov 29, 2021 |
About ZMMK
The fund seeks to provide income and liquidity consistent with short-term money market rates, alongside capital preservation, by investing in CAD-denominated money market instruments and other securities issued by Canadian governments and companies, including T-bills, bankers' acceptances, and commercial paper. Eligible securities must have less than 365 days to maturity and less than 90 days average term-to-maturity. The fund manager selects securities based on economic fundamentals and capital market developments. The fund may engage in lending to earn additional income. It may also use derivatives such as options, futures, and swaps for hedging and non-hedging purposes.
Performance
ZMMK had a total return of 2.57% in the past year. Since the fund's inception, the average annual return has been -0.05%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | 0.200 CAD | Jul 3, 2024 |
| May 30, 2024 | 0.215 CAD | Jun 4, 2024 |
| Apr 26, 2024 | 0.215 CAD | May 2, 2024 |
| Mar 27, 2024 | 0.215 CAD | Apr 2, 2024 |
| Feb 27, 2024 | 0.215 CAD | Mar 4, 2024 |
| Jan 29, 2024 | 0.210 CAD | Feb 2, 2024 |