BMO Ultra Short-Term US Bond ETF
ZUSFF
Other OTC46.86
USD
- -
- -
ISIN
CA05586U1049
CUSIP
05586U104
Return %
Stock
S&P500
1Y
-0.15
26.84
3Y
0.81
77.03
5Y
-0.91
80.55
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 100 King St. West, 43rd Floor Toronto ON Canada M5X 1A1
- IPO Date
- Jul 8, 2022
- Website
- bmogam.com
- Similar Companies
- Business
- BMO Ultra Short-Term US Bond ETF (ZUS.U/ZUSFF) is an exchange-traded fund managed by BMO Asset Management Inc. that provides exposure to a diversified portfolio of U.S. fixed income securities, primarily consisting of short-term corporate and government bonds, notes, and money market instruments with a remaining effective term to maturity of one year or less; key holdings include senior unsecured notes from issuers such as Westpac Banking Corporation, Capital One Financial Corporation, Santander UK Group Holdings plc, Lloyds Banking Group plc, Global Payments Inc., Ares Capital Corporation, Deutsche Bank Aktiengesellschaft, Microsoft Corporation, Anthem Inc., and T-Mobile USA Inc.; the portfolio emphasizes investment-grade debt across sectors like financials (56%), consumer staples (13%), information technology (9%), consumer discretionary (9%), health care (8%), and communication services (4%), with allocations to cash, receivables, and payables. The ETF targets investors seeking income generation and low-risk exposure to the U.S. short-term bond market, trading on the Toronto Stock Exchange in U.S. dollars under tickers ZUS.U (distributing units) and ZUS.V (accumulating units), with over-the-counter trading as ZUSFF; it maintains a low volatility rating, a management expense ratio of 0.17%, monthly distributions of net income, return of capital, and realized gains, and an average bid-ask spread of 0.10%. Established on February 12, 2019, and headquartered in Toronto, Ontario, at BMO Asset Management Inc., First Canadian Place, 100 King Street West, 43rd Floor, the ETF operates principally in U.S. fixed income markets with total net assets of approximately $52.8 million as of December 31, 2024. Recent developments include sustained monthly dividend declarations, such as $0.164 per unit in late 2025 and consistent $0.18 payouts through mid-2025, alongside portfolio adjustments amid Federal Reserve interest rate pauses and expectations of higher-for-longer rates into 2026; in response to regulatory changes impacting high-interest savings account ETFs in 2024, the ETF emerged as an attractive alternative for yield and liquidity, driving investor interest in ultra-short-term bond strategies.