BMO Monthly Income ETF (ZMI-T)
TSE:ZMI
16.96
0.08
(0.47%) 1d
Financials
Technical Analysis
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Nervous markets await NvidiaThis summary was created by AI, based on 3 opinions in the last 12 months.
The BMO Monthly Income ETF (ZMI-T) has garnered positive reviews from various experts who highlight its well-balanced asset allocation, which includes a mix of global bonds and stocks, with significant equity exposure. The fund maintains a 57% equity exposure and 40% allocated to the US, alongside a 10% cash reserve, making it a favorable option for income-focused investors. With a dividend yield of 4.75%, it is considered relatively conservative and suitable for defensive investors. The low management fees enhance its attractiveness, particularly for those investing within registered accounts like RRSPs, as it offers both income generation and potential equity growth. Overall, it appears to meet the investment needs of a wide range of investors, particularly those seeking stable and reliable returns.
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.
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.
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.
BMO Monthly Income ETF(ZMI-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 6
BMO Monthly Income ETF(ZMI-T) Frequently Asked Questions
What is BMO Monthly Income ETF stock symbol?
BMO Monthly Income ETF is a Canadian stock, trading under the symbol ZMI-T on the Toronto Stock Exchange (ZMI-CT). It is usually referred to as TSX:ZMI or ZMI-T
Is BMO Monthly Income ETF a buy or a sell?
In the last year, 6 stock analysts published opinions about ZMI-T. 2 analysts recommended to BUY the stock. 2 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?
6 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 2025-04-24, BMO Monthly Income ETF (ZMI-T) stock closed at a price of $16.96.
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.
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