TORONTO, Feb. 19, 2026 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the February 2026 cash distributions for unitholders of BMO ETFs and unitholders of exchange-traded series of units of the BMO Mutual Funds (collectively, the "ETF Series")(1) that distribute monthly, as well as a special distribution as set out in the tables below. Unitholders of record of the BMO ETFs and the ETF Series of the BMO Mutual Funds at the close of business on February 26, 2026, will receive cash distributions payable on March 3, 2026.
The ex-dividend date and record date for all BMO ETFs and ETF Series of BMO Mutual Funds is February 26, 2026.
Details of the per unit cash distribution amount are as follows:
Monthly Distributions
FUND NAME FUND CASH DISTRIBUTION
TICKER PER UNIT $
BMO AAA CLO ETF ZAAA 0.126
BMO AAA CLO ETF (Hedged Units) ZAAA.F 0.124
BMO AAA CLO ETF (USD Units)* ZAAA.U 0.126
BMO Aggregate Bond Index ETF ZAG 0.039
BMO Balanced ETF (Target Cash Flow Units) ZBAL.T 0.049
BMO BBB CLO ETF ZBBZ 0.163
BMO BBB CLO ETF (Hedged Units) ZBBZ.F 0.162
BMO BBB CLO ETF (USD Units)* ZBBZ.U 0.163
BMO Canadian Core Plus US Balanced ETF ZBCB 0.060
BMO Canadian Dividend ETF ZDV 0.075
BMO Canadian High Dividend Covered Call ETF ZWC 0.105
BMO Canadian MBS Index ETF ZMBS 0.074
BMO Covered Call Canadian Banks ETF ZWB 0.120
BMO Covered Call Canadian Banks ETF (USD Units)* ZWB.U 0.140
BMO Covered Call Dow Jones Industrial Average
Hedged
to CAD ETF ZWA 0.130
BMO Covered Call Energy ETF ZWEN 0.220
BMO Covered Call Health Care ETF ZWHC 0.160
BMO Covered Call Spread Gold Bullion ETF ZWGD 0.170
BMO Covered Call Technology ETF ZWT 0.245
BMO Covered Call US Banks ETF ZWK 0.145
BMO Covered Call Utilities ETF ZWU 0.070
BMO Discount Bond Index ETF ZDB 0.022
BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.042
BMO Equal Weight Banks Index ETF ZEB 0.146
BMO Equal Weight REITs Index ETF ZRE 0.089
BMO Equal Weight Utilities Index ETF ZUT 0.069
BMO Europe High Dividend Covered Call ETF ZWP 0.105
BMO Europe High Dividend Covered Call Hedged to
CAD
ETF ZWE 0.120
BMO Floating Rate High Yield ETF ZFH 0.061
BMO Global Dividend Opportunities Fund (Active
ETF
Series) BGDV 0.034
BMO Global Enhanced Income Fund (ETF Series) ZWQT 0.085
BMO Global High Dividend Covered Call ETF ZWG 0.175
BMO Global Infrastructure Fund (Active ETF
Series) BGIF 0.050
BMO Global REIT Fund (Active ETF Series) BGRT 0.055
BMO Government Bond Index ETF ZGB 0.107
BMO Growth ETF (Target Cash Flow Units) ZGRO.T 0.058
BMO High Yield US Corporate Bond Hedged to CAD
Index
ETF ZHY 0.060
BMO High Yield US Corporate Bond Index ETF ZJK 0.102
BMO High Yield US Corporate Bond Index ETF (USD
Units)* ZJK.U 0.096
BMO International Dividend ETF ZDI 0.080
BMO International Dividend Hedged to CAD ETF ZDH 0.080
BMO Laddered Preferred Share Index ETF ZPR 0.056
BMO Laddered Preferred Share Index ETF (USD
Units)* ZPR.U 0.090
BMO Long Corporate Bond Index ETF ZLC 0.056
BMO Long Federal Bond Index ETF ZFL 0.027
BMO Long Provincial Bond Index ETF ZPL 0.035
BMO Mid Corporate Bond Index ETF ZCM 0.057
BMO Mid Federal Bond Index ETF ZFM 0.033
BMO Mid Provincial Bond Index ETF ZMP 0.040
BMO Mid-Term US IG Corporate Bond Hedged to CAD
Index
ETF ZMU 0.048
BMO Mid-Term US IG Corporate Bond Index ETF ZIC 0.069
BMO Mid-Term US IG Corporate Bond Index ETF (USD
Units)* ZIC.U 0.051
BMO Money Market Fund (ETF Series) ZMMK 0.095
BMO Monthly Income ETF ZMI 0.063
BMO Monthly Income ETF (USD Units)* ZMI.U 0.038
BMO Premium Yield ETF ZPAY 0.200
BMO Premium Yield ETF (Hedged Units) ZPAY.F 0.175
BMO Premium Yield ETF (USD Units)* ZPAY.U 0.180
BMO Real Return Bond Index ETF ZRR 0.051
BMO Short Corporate Bond Index ETF ZCS 0.047
BMO Short Federal Bond Index ETF ZFS 0.029
BMO Short Provincial Bond Index ETF ZPS 0.025
BMO Short-Term US IG Corporate Bond Hedged to CAD
Index ETF ZSU 0.049
BMO Ultra Short-Term Bond ETF ZST 0.099
BMO Ultra Short-Term US Bond ETF (USD Units)* ZUS.U 0.160
BMO US Aggregate Bond Index ETF ZUAG 0.074
BMO US Aggregate Bond Index ETF (Hedged Units) ZUAG.F 0.068
BMO US Aggregate Bond Index ETF (USD Units)* ZUAG.U 0.071
BMO US Dividend ETF ZDY 0.070
BMO US Dividend ETF (USD Units)* ZDY.U 0.050
BMO US Dividend Growth ETF ZBDU 0.070
BMO US Dividend Growth ETF (Hedged Units) ZBDU.F 0.070
BMO US Dividend Hedged to CAD ETF ZUD 0.045
BMO US High Dividend Covered Call ETF ZWH 0.130
BMO US High Dividend Covered Call ETF (USD
Units)* ZWH.U 0.125
BMO US High Dividend Covered Call Hedged to CAD
ETF ZWS 0.105
BMO US Preferred Share Hedged to CAD Index ETF ZHP 0.078
BMO US Preferred Share Index ETF ZUP 0.092
BMO US Preferred Share Index ETF (USD Units)* ZUP.U 0.086
BMO US Put Write ETF ZPW 0.125
BMO US Put Write ETF (USD Units)* ZPW.U 0.125
BMO US Put Write Hedged to CAD ETF ZPH 0.120
BMO USD Cash Management ETF ZUCM 0.089
BMO USD Cash Management ETF (USD Units)* ZUCM.U 0.087
*Cash distribution per unit ($) amounts are USD for
ZAAA.U, ZBBZ.U, ZWB.U, ZJK.U, ZPR.U, ZIC.U, ZMI.U,
ZPAY.U, ZUS.U, ZUAG.U, ZDY.U, ZWH.U, ZUP.U, ZPW.U,
and ZUCM.U.
Special Distribution
BMO Asset Management Inc., as manager of the BMO ETFs, also announced a special reinvested distribution for unitholders of BMO Global Communications Index ETF (TSX: COMM) (the "ETF").
The reinvested distribution for BMO Global Communications Index ETF generally represents net realized capital gains and net income. The reinvested distribution is not paid in cash, but is reinvested in additional Canadian dollar denominated units of BMO Global Communication Index ETF at a price equal to the net asset value per unit of the ETF.
The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the special distribution will be equal to the number of units outstanding prior to the special distribution. A reinvested distribution will increase the unitholder's adjusted cost base for BMO Global Communications Index ETF. Non-resident unitholders may have the number of additional units reduced because of withholding tax.
Unitholders of record of the BMO ETF at the close of business on February 26, 2026 will receive the reinvested distribution. The actual taxable amount of the special reinvested distribution, including its tax characteristic, will be reported to brokers through CDS Clearing and Depository Services Inc. (CDS) in early 2027.
The special reinvested distribution amount per unit of the ETF is as follows:
Name of Fund Ticker Symbol Special Reinvested
Distribution per Unit ($)
BMO Global Communications Index
ETF COMM $2.505
(1) BMO ETFs are managed by BMO Asset Management Inc.,
an investment fund manager, a portfolio manager, and
a separate legal entity from Bank of Montreal. ETF
Series of the BMO Mutual Funds are managed by BMO
Investments Inc., an investment fund manager and a
separate legal entity from Bank of Montreal
.The Dow Jones Industrial Average Index CAD Hedged is a product of Dow Jones Opco, LLC ("Dow Jones Opco"), a subsidiary of S&P Dow Jones Indices LLC, and has been licensed for use. "Dow Jones$(R)$" and "Industrial Average Index CAD Hedged" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones"), and have been licensed to Dow Jones Opco and sublicensed by BMO Asset Management Inc. in connection with ZWA and ZDJ. ZWA and ZDJ are not sponsored, endorsed, sold or promoted by Dow Jones Opco, Dow Jones and their respective affiliates, and they make no representation regarding the advisability of trading or investing in ZWA and ZDJ.
Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmoetfs.com.
Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the applicable ETF facts or prospectus of the relevant BMO ETF or ETF Series of BMO Mutual Fund before investing. BMO ETFs and ETF Series units of the BMO Mutual Funds are not guaranteed, their values change frequently, and past performance may not be repeated. For a summary of the risks of an investment in the BMO ETFs or ETF Series units of the BMO Mutual Funds, please see the specific risks set out in the relevant prospectus. BMO ETFs and ETF Series units of the BMO Mutual Funds trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.
The Target Cash Flow Units are subject to capital depletion risk. Target Cash Flow Units make monthly distributions of a fixed amount which may comprise, in whole or in part, of a return of capital ("ROC").
Distribution rates may change without notice (up or down) depending on market conditions. The payment of distributions should not be confused with an investment fund's performance, rate of return or yield. If distributions paid by an investment fund are greater than the performance of the fund, your original investment will shrink.
Distributions of net income and net taxable gains of the BMO ETF or the ETF Series units of a BMO Mutual Fund will be included in the unitholder's income for tax purposes in the year they are paid, whether or not such amounts are reinvested in additional units. A unitholder's adjusted cost base will be reduced by the amount of any returns of capital. If a unitholder's adjusted cost base goes below zero, such unitholder will have to pay capital gains tax on the amount below zero. Please refer to the summary of the principal income tax considerations set out in the prospectus for the relevant BMO ETF or ETF Series units of a BMO Mutual Fund. Investors should also consult their own tax advisors about their individual circumstances.
"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.
About BMO Global Asset Management
BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. Certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors in Canada and may not be available to all investors.
About BMO Financial Group
BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.5 trillion as of October 31, 2025. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities.
SOURCE BMO Financial Group
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Copyright CNW Group 2026
(END) Dow Jones Newswires
February 19, 2026 08:30 ET (13:30 GMT)
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