ZPR BMO Laddered Preferred Share Index ETF
Last close $12.74 on Nov 3, 2026
BMO Preferred share Monthly
Official fund page on BMO's siteIncome Durability Score
#1 of 13 preferred share funds
Yield
5.7%
1-year return
+10.9%
Fee (MER)
0.50%
Worst drop
-35.4%
Liquidity
Very high
115.6K units a day
About $1,472,766 traded
Distribution cuts
0
in the last 3 years
What drives the score
- Income 69
- Capital 100
- Risk 99
- Costs 93
- Diversification 45
Each bar is out of 100. How the score is built.
ZPR dividend calculator
$238 a month, $2,850 a year before tax, assuming the price and payout stay as they are
ZPR yields 5.7% at today's price. Yields move with the unit price and the distribution, and payouts do get cut: try a cut above to see the effect.
ZPR distribution history
Pays monthly. Last paid $0.0600 a unit on Oct 29, 2026. $0.68 a unit in cash over the 12 months to then.
| Pay date | Per unit |
|---|---|
| Oct 29, 2026 | $0.0600 |
| Sep 29, 2026 | $0.0600 |
| Aug 28, 2026 | $0.0570 |
| Jul 30, 2026 | $0.0570 |
| Jun 29, 2026 | $0.0570 |
| May 28, 2026 | $0.0540 |
| Apr 29, 2026 | $0.0540 |
| Mar 30, 2026 | $0.0540 |
| Feb 26, 2026 | $0.0560 |
| Jan 29, 2026 | $0.0560 |
| Dec 30, 2025 | $0.0560 |
| Nov 26, 2025 | $0.0560 |
ZPR top 10 holdings
As at Oct 30, 2026, as BMO published them.
| Holding | Weight |
|---|---|
| BCE INC SR AK 3.306 PFD | 2.5% |
| Enbridge Inc PREFERRE PFD | 1.9% |
| NATIONAL SR 38 7.027 PFD | 1.7% |
| TC ENERGY SR 5 1.949 PFD | 1.6% |
| BROOKFIEL SR 42 3.254 PFD | 1.6% |
| BCE INC PREFERRED STO PFD | 1.6% |
| Fortis Inc SR M 3.913 PFD | 1.5% |
| TC ENERGY SR 7 5.985 PFD | 1.5% |
| BROOKFIELD OFFICE PRO PFD | 1.4% |
| Brookfield Corp PREFE PFD | 1.4% |
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Data as of Nov 3, 2026. ZPR is shown for information only: this is not a recommendation to buy or sell it.