BMO Premium Yield ETF (ZPAY.TO) Buy, Sell or…

Home

Daily Stock Opinions and Ratings

BMO Premium Yield ETF (ZPAY.TO)

33.69

-0.16 (0.47%)

as of Aug 14, 2026, 7:59:59 pm Market Open.

153 watching

Investor Insights

Aug 16, 2026, 12:00 am

This summary was created by AI, based on 15 opinions in the last 12 months.

BMO Premium Yield ETF (ZPAY-T) is recognized for its attractive yield of approximately 7%, with insights highlighting its mixture of income and equity exposure through covered call writing and put selling strategies. Experts emphasize its role as a sound income-generating vehicle, albeit with associated risks like potential drawdowns and volatility typical of equities. It provides exposure to a range of major U.S. companies, making it appealing yet cautionary for those concentrated on a single investment. While the ETF is suggested for income-focused investors benefiting from tax efficiency, it's paramount to approach it with a diversified strategy to mitigate the risk of capital withdrawal during downturns. Overall, ZPAY is characterized as a defensive income option, yet it is not meant for those seeking aggressive capital gains.

Consensus

Positive

Valuation

Fair Value

Similar

TPRF

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In a market decline, this ETF would probably decline less than average, if not hold up relatively well. The fund covers a mix of large, conservative US stocks and fixed income securities. Unlock Premium - Try 5i Free

Wealthica Track your Stocks in your Watch List

BUY

Half exposure on average with long positions with covered calls, and half with puts. Any given month that goes down, it could go longer. The range follows the markets.

BUY

A basket of high quality US companies with a covered call and put rate component. It generates a 6% yield. It will go down when the markets go down, but it will continue to give yield. The lower it goes, the put on stocks they have written will be bought at a lower price and they will sell these when the price goes high again.

DON'T BUY

It's new. ZPAY will engage in selling puts in a complicated strategy to procure assets. It's too new for him to see how their strategy will unveil.

STRONG BUY

On average he expects to have half the portfolio long and half looking to buy great stock at a lower price and writing puts to do so. It is the biggest holding in all of his portfolios.

BUY

They do a screening and pick some of the best companies in the US. They write puts on the stocks they want and take the yield back. On stocks they own, they write calls on them at higher prices. It is a strategy he really loves. See the BMo web site.

BUY

You have equity risk. It writes puts as well as owning the companies and writes calls to sell them higher. It pays you for these. About 6% yield at about half the risk of the S&P.

Showing 61 to 67 of 67 entries

Most Recent Experts

Bill Baruch, Founder, Blue Line Capital

Blue Line Capital

Richard Orrell

RN Croft Financial Group

Stan Wong

Private Wealth Management, ScotiaMcleod

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

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].

BMO Premium Yield ETF (ZPAY.TO)