BMO Covered Call Utilities ETF T.ZWU

Sad but true ZWU

[ANALOG GUY]

if you look at the BMO info site for distributions in 2022

Total Distribution $.96

eligible dividends $.34

Capital gains $0 ..... which means they made $0 from their Option strategy all year!

ROC (return of capital) $.54

Foreign income $.097

somebody please correct me if I'm wrong 

ROC was 56% of the distribution in 2022

 

when I check the Horizon site for my favourite covered call ETF "ENCC"

i see $0 ROC

just saying

[GHZTECHY]

You are correct ANALOG GUY. At the time I bought I was looking at the ENCC too. I chose wrong. Oh well. Luckily I chose right on others.

[DeanEdmonton]

Spot on AG. BMO performance on this and ZWB have both gone into the toilet. Whoever they have running these funds needs to be replaced. Glad I sold out of both quite a while back. Just watch it now to see if it goes back to its previous good performance.

[GHZTECHY]

WOW, another 52 week low!

[oldertrader]

I tried to look up for the year 2021 Are your numbers for the calendar year  or june 2021 -june 2022? I find it a nuisance keeping track of ROC Seems like I am doing worse than I thought!!

[ANALOG GUY]

My numbers are for calendar 2022 For 2021 total distribution   .96 eligible dividends .37 capital gains.        .016 ROC.                     .52 foreign income.      .08 all my numbers are from the BMO website one thing I just learned is ETFS can use past losses as part of the ROC this