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This summary was created by AI, based on 2 opinions in the last 12 months.

The BMO High Yield US Corporate Bond Index ETF (ZJK-T) has been noted for experiencing an expansion in credit spreads, indicating rising credit risk that has adversely affected bond prices. As the second-largest high-yield ETF in Canada, it boasts a management expense ratio (MER) of 61 basis points. The ETF behaves more like equity due to the nature of companies that typically issue high-yield debt. While investing in high-yield bonds carries higher risks, experts suggest that current market conditions may present a favorable entry point for investors seeking yield. However, concerns have been raised about its fixed distribution and the potential need for capital return to maintain payouts, prompting some experts to recommend alternatives in the same investment space.

Consensus
Mixed
Valuation
Undervalued
RISKY

Have seen an expansion in the spreads, which means the credit risk has caused the bonds to deteriorate in price. Second-largest high-yield ETF in Canada. MER is 61 bps. Acts more like equity because of the types of companies that tend to issue high-yield debt, but it has more yield too. While it is riskier, you have a better entry point here.

Unspecified

It has a fixed distribution and is making up some of that by returning capital. He would stick with MFT in the same space.

DON'T BUY
ZJK-T vs. ZHY-T. High yield is a sexy name for junk bonds. They are the worst quality bonds. In a downturn these companies will not be able to pay back their bond holders first. If equities fall 20%, high yield bonds fall 13%. There is more risk for a portfolio.
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BMO High Yield US Corporate Bond Index ETF(ZJK-T) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for BMO High Yield US Corporate Bond Index 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 High Yield US Corporate Bond Index ETF(ZJK-T) Frequently Asked Questions

What is BMO High Yield US Corporate Bond Index ETF stock symbol?

BMO High Yield US Corporate Bond Index ETF is a Canadian stock, trading under the symbol ZJK-T on the Toronto Stock Exchange (ZJK-CT). It is usually referred to as TSX:ZJK or ZJK-T

Is BMO High Yield US Corporate Bond Index ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about ZJK-T. 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 High Yield US Corporate Bond Index ETF.

Is BMO High Yield US Corporate Bond Index ETF a good investment or a top pick?

BMO High Yield US Corporate Bond Index ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO High Yield US Corporate Bond Index ETF.

Why is BMO High Yield US Corporate Bond Index 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 High Yield US Corporate Bond Index ETF worth watching?

1 stock analyst on Stockchase covered BMO High Yield US Corporate Bond Index ETF In the last year. It is a trending stock that is worth watching.

What is BMO High Yield US Corporate Bond Index ETF stock price?

On 2025-04-28, BMO High Yield US Corporate Bond Index ETF (ZJK-T) stock closed at a price of $18.48.