BMO Europe High Dividend Covered Call ETF (TSX: ZWP)

Assets	759.46M
Expense Ratio	0.74%
PE Ratio	12.76
Dividend (ttm)	1.26
Dividend Yield	6.85%
Ex-Dividend Date	Jun 27, 2024
Payout Frequency	Monthly
Payout Ratio	88.22%
1-Year Return	+7.73%

Volume	7,187
Open	18.29
Previous Close	18.17
Day's Range	n/a
52-Week Low	16.16
52-Week High	18.80
Beta	0.81
Holdings	80
Inception Date	Mar 2, 2018

About ZWP

The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding European dividend equities that are screened for dividend payout sustainability and positive 3-year dividend growth. Underlying portfolio securities are selected and weighted by dividend yield. The fund holds underlying stock positions on this portfolio and writes call options out of the money. The call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums, which provide limited downside protection.

• Asset Class: Equity
• Category: High Dividend Yield
• Stock Exchange: Toronto Stock Exchange
• Ticker Symbol: ZWP
• Provider: BMO

Performance

ZWP had a total return of 13.16% in the past year. Since the fund's inception, the average annual return has been -1.64%, including dividends.

Top 10 Holdings

37.77% of assets

Name	Symbol	Weight
NOVO NORDISK A/S	NOVO B.CO	4.07%
HSBC HOLDINGS PLC	HSBA.L	3.95%
ALLIANZ SE	ALV.DE	3.91%
ROCHE HOLDING AG	ROG.SW	3.87%
RIO TINTO PLC	RIO.L	3.80%
NOVARTIS AG	NOVN.SW	3.70%
LVMH MOET HENNESSY LOUIS VUITTON SE	MC.PA	3.67%
SANOFI SA	SAN.PA	3.67%
TOTALENERGIES SE	TTE.PA	3.64%
NESTLE SA	NESN.SW	3.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 27, 2024	0.105 CAD	Jul 3, 2024
May 30, 2024	0.105 CAD	Jun 4, 2024
Apr 26, 2024	0.105 CAD	May 2, 2024
Mar 27, 2024	0.105 CAD	Apr 2, 2024
Feb 27, 2024	0.105 CAD	Mar 4, 2024
Jan 29, 2024	0.105 CAD	Feb 2, 2024