TSE:ZLC

BMO Long Corporate Bond ETF (ZLC.TO)

14.82
+0.03 (0.20%)
as of Jul 24, 2026, 7:59:28 pm Market Open.
16 watching
0
Investor Insights
star iconJul 25, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

The BMO Long Corporate Bond ETF (ZLC-T) is recommended for investors anticipating interest rate cuts and milder economic growth. It appeals to those seeking fixed-income assets while navigating the potential risks of the business cycle. Alternatively, higher-income investors who are willing to take on more risk may consider high-yield bond ETFs such as XHY and ZHY. The choice between ZLC and XLB is particularly insightful for conservative investors looking for stability, while the high-yield options cater to those ready for increased volatility. Thus, investor objectives and market conditions greatly influence the preference between these bond ETFs.

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Consensus
Favorable
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Valuation
Fair Value
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XLB-T
COMMENT

If you expect rate cuts and softer growth, you may want ZLC or XLB. If you're a bit higher income and willing to accept business cycle risk, then you can go into high yield bond ETFs -- XHY or ZHY.

COMMENT
ZLC-T & ZIC-T. You have a little bit of credit risk in corporate. When you want safety the best bet is government, not corporate as you get exposure to corporate earnings. Do you want it for the yield or for the protection? Don't sell either one at the moment.
DON'T BUY

If interest rates goes back, then you can get really hurt. If you want long-term, you can have some short duration bonds. ZST is a short term bond. He wouldn't buy it right now.

HOLD
Short vs. long term bonds. Generally as the expectation comes for rate hikes, you want longer term bonds. You don’t want corporate because if the economic slows, you just want government bonds.
BUY
Bonds don't yield much. ZLC's average yield to maturity is 3.9% with a duration of 13, which means that if interest rates rise by 1% this loses 13%. If you expect a recession, this is great. He doesn't forsee a recession though. This lets you piggybank on BMO's liquidity.
WATCH
The ZLC-T is a lot like the market. Corporate long bonds are a call on the market. If this one can break out then it would be a good place to be. If we eventually get rates rising, then this would be the first one to drop.
COMMENT

Corporate debt is not assessable to most retail investors. How can I invest? There are others, but this is as good as any. It is hard to get good corporate bonds, and an ETF is a good way to play it. If you are going to be in the bond market, this is where you should be. The yields are a little better. Bear in mind that corporates are not going to be immune to higher interest rates and the impact it is going to have.

DON'T BUY

Long corporate bonds. 4.5%. They have a higher interest rate risk than shorter bonds.

TOP PICK
His theme today is Defensive. This one is really for his bond holdings. Short-term bond holdings are not yielding so this puts him out on the longer end of the yield curve and also gives him some credit exposure. He won't hold this one for a very long time, probably by the end of this year or maybe early 2013, because of the risk of rising interest rates.
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BMO Long Corporate Bond ETF (ZLC.TO) Frequently Asked Questions

What is BMO Long Corporate Bond ETF stock symbol?

BMO Long Corporate Bond ETF is a Canadian stock, trading under the symbol ZLC.TO (previously ZLC-T on Stockchase) on the Toronto Stock Exchange (ZLC-CT). It is usually referred to as TSX:ZLC or ZLC.TO

Is BMO Long Corporate Bond ETF a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on ZLC.TO (previously ZLC-T on Stockchase) on Stockchase. Read the latest expert commentary for BMO Long Corporate Bond ETF.

Is BMO Long Corporate Bond ETF a good investment or a top pick?

BMO Long Corporate Bond ETF was recommended as a Top Pick by Mike Philbrick on 2025-08-29. Read the latest stock experts ratings for BMO Long Corporate Bond ETF.

Why is BMO Long Corporate Bond ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for BMO Long Corporate Bond ETF.

Is BMO Long Corporate Bond ETF worth watching?

BMO Long Corporate Bond ETF is followed by 16 investors on Stockchase and is a trending stock that is worth watching.

What is BMO Long Corporate Bond ETF stock price?

On 2026-07-24, BMO Long Corporate Bond ETF (ZLC.TO) stock closed at a price of $14.82.