BMO AAA CLO ETF (ZAAA-NE)

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Good way to get income with low correlation to market?

AAA-rated collateralized loan obligations. A way to get an enhanced yield without taking on a lot of interest rate risk, because the structure is floating rate in a sense. Fine in a stable environment.

However, there is credit risk. If we go through a time where credit spreads widen, it will be a drag on this ETF. Yield is 5.36%.

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BMO AAA CLO ETF(ZAAA-NE) Rating

Ranking : 4 out of 5

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Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for BMO AAA CLO ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BMO AAA CLO ETF(ZAAA-NE) Frequently Asked Questions

What is BMO AAA CLO ETF stock symbol?

BMO AAA CLO ETF is a OTC stock, trading under the symbol ZAAA-NE on the (). It is usually referred to as or ZAAA-NE

Is BMO AAA CLO ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about ZAAA-NE. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO AAA CLO ETF.

Is BMO AAA CLO ETF a good investment or a top pick?

BMO AAA CLO ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO AAA CLO ETF.

Why is BMO AAA CLO ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is BMO AAA CLO ETF worth watching?

In the last year, there was no coverage of BMO AAA CLO ETF published on Stockchase.

What is BMO AAA CLO ETF stock price?

On , BMO AAA CLO ETF (ZAAA-NE) stock closed at a price of $.