Opinions
Larry Berman CFA, CMT, CTA
BMO AAA CLO ETF
ZAAA-NE
RISKY
Sep 08, 2025
N/A
Stock price when the opinion was issued
0
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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%.