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BMO ETF
About 97% of the 2.0% yield is recurring income; the rest is capital gains or return of capital. Too new to show a capital trend.
Payout over time
Fund health
Risk and resilience
The cash distribution has not been reduced year over year since 2023.
What you own
The top 3 sectors shown are 72% of the fund; Financials is the largest at 43%.
How it's taxed
The CRA taxes each distribution dollar by its character. These shares are measured against the full taxable distribution, including any portion the fund reinvested as units rather than paying in cash.
| Character | % of taxable | $ / unit |
|---|---|---|
| Eligible dividends | 96% | $1.7642 |
| Return of capital | 4% | $0.0658 |
$0.2000 per unit was reinvested as additional units rather than paid in cash. It is still part of the taxable distribution above, so it is taxed in 2025 even though no cash reached your account, and it appears on your T3 with no matching deposit.
Return of capital is not tax-free. It lowers your adjusted cost base, so the deferred tax can increase a later capital gain or reduce a later capital loss when you sell.
Based on BMO ETF's 2025 T3 / tax-factor filing. Character can vary year to year. This is not tax advice; consult a tax professional about your situation.
Character mix by year
Recent dividend activity in holdings
What Premium adds
Next steps
Prices as of 2026-07-27. Distributions as of 2026-07-28. Tax character year 2025.
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What you keep, in your account
Each figure below starts from the headline yield of 2.0% and shows an estimate of what you keep after tax. Where you hold the fund changes the answer: a TFSA shelters Canadian tax and can still lose foreign withholding tax when the fund has foreign withholding, a non-registered account taxes each character at its own rate, and an RRSP defers tax until you withdraw.
These figures are estimates at the top ON marginal tax rate, not your personal rate.
Illustrative, not tax advice.