BMO Monthly Income ETF (ZMI.TO) Buy, Sell or…

Home

Daily Stock Opinions and Ratings

BMO Monthly Income ETF (ZMI.TO)

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

19.84

+0.21 (1.07%)

as of Jun 11, 2026, 7:55:00 pm Market Open.

37 watching

Investor Insights

Jun 11, 2026, 12:00 am

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

BMO Monthly Income ETF (ZMI) has garnered positive reviews from experts who believe it offers a compelling investment opportunity despite its associated volatility and equity market risk. One expert prefers ZMI over ZST, emphasizing its potential for long-term outperformance. Another expert compares ZMI to CACB corporate bonds, noting that ZMI provides more diversified exposure through its inclusion of equities, high dividends, and fixed income components, making it a more attractive choice in the current market. The equity portion of ZMI is especially highlighted as an area of opportunity with potential value for 2026, suggesting that investors might benefit from ZMI's diverse approach amidst changing market conditions. Overall, ZMI appears to be a strategic pick for those seeking to capitalize on a mix of high dividends and equity growth.

Consensus

Positive

Valuation

Fair Value

Similar

VIG, VIG

BUY

Prefers it to ZST. ZMI has equity market risk and more volatility, but long run will outperform.

BUY

ZMI vs. CACB corporate bond

ZMI gives more more diversified exposure (stocks with covered calls, high dividends, prefs, fixed incomes). CACB is corporate bonds, which he doesn't recommend now. The equity component of ZMI gives value for 2026.

HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The fund owns a mix of global bonds and stocks, with 57% equity exposure and 40% US exposure. It also owns 10% cash. While certainly not risk free, it is a well-balanced ETF paying a 4.75% dividend and we would consider it fairly conservative.
Unlock Premium - Try 5i Free

BUY

Quality product that is good for many investors. Has a nicely balanced asset base. Good for income seekers as well. Would recommend buying.

BUY

Good for defensive investors. Safe dividends. Very low management fee. Good for RRSP. Includes equity growth in this product as well.

BUY

Caller is over 70 It holds bonds and stocks 50/50. ZMI is a good ETF. Conservative and diversified, suitable for older investors.

DON'T BUY

The bond markets are impaired and will be for a while. Low interest rates are here to stay. Income focused ETFs with exposure to bonds will not return 4-5%. Are you getting return of capital or yield? Must look into the structure where the returns are coming from. Both are similar. Both ZMI and XTR give you exposure to diversified income. All fixed income has negative return after inflation.

BUY

[As sole holding]. It is a yield focused balanced fund made up of a bunch of ETFs that are more yield-centric. The only criticism is that there is probably too much exposure to Canada. When it is in a registered account then you don’t get the benefit of the dividend tax credit. Making it the only holding in an account there is 'manager risk' and perhaps there is too much concentration in Canada if it is in a registered account. Otherwise it is not a bad idea.

BUY

For an RRSP? Yes, it's a good product. For an RRSP, yes, it's a good idea, but you can also hold it in a taxable account just as well.

BUY

Likes it. It's a one-ticket solution to get a full portfolio that pays a little yield; an active ETF constructed from other BMO ETFs, an ETF of ETFs. This has been around for a while. It's a good, conservative pick. Tip: Compare ZMI to VCIP and see which one you prefer.

COMMENT

ZMI vs. ZZZD ZMI is a balanced income-focused ETF. ZZZD is his own ETF that he manages--a sleep-at-night global dividend ETF. ZMI is a lot more fixed income (to preserve capital) and is far more passively managed vs. ZZZD which is active, hence riskier. Very different focuses, but both generate a lot of income.

BUY

An active ETF that's a safe dividend payer? Be defensive late in the cycle now. There are many, many ways to play this, but he'll suggest ZZZD which he manages, or particularly ZMI.

COMMENT

A safe monthly income for a retiree without the worry about market swings? On any monthly income vehicle, you have to be very careful. If this had existed in 2008, it would’ve dropped about 20%-25%. Also, make sure it is run by a real well-run ETF provider and make sure you look at what is underneath it all.

BUY

Canada is likely to underperform for the next 5 years compared to the global market so you have to diversify. Just this one is not enough.

COMMENT

This was a little bit controversial because it was including a lot of “return of capital” rather than “return on capital” because of some of the investments they had. They have changed this in the last few months so it is a more straightforward ETF. Nothing wrong with it. It has a whole bunch of different products in it and now it is fine.

Showing 1 to 15 of 19 entries

BMO Monthly Income ETF (ZMI.TO) Frequently Asked Questions

What is BMO Monthly Income ETF stock symbol?

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

Is BMO Monthly Income ETF a buy or a sell?

In the last year, 2 stock analysts published opinions about ZMI.TO (previously ZMI-T on Stockchase). 2 analysts 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 Monthly Income ETF.

Is BMO Monthly Income ETF a good investment or a top pick?

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

Why is BMO Monthly Income 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 Monthly Income ETF worth watching?

2 stock analysts on Stockchase covered BMO Monthly Income ETF in the last year. It is a trending stock that is worth watching.

What is BMO Monthly Income ETF stock price?

On 2026-06-11, BMO Monthly Income ETF (ZMI.TO) stock closed at a price of $19.84.

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Kim Bolton

Black Swan Dexteritas

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

BMO Monthly Income ETF (ZMI.TO)