This summary was created by AI, based on 6 opinions in the last 12 months.
The BMO Floating Rate Hi Yield ETF (ZFH) has received a predominantly positive outlook from a number of experts highlighted in the reviews. With an indicated yield of 5.64% and a one-year return of 8.48%, many consider it a solid choice for income-oriented investors seeking conservative options. Despite having a high-risk rating, some experts argue that such a rating might be misleading given the ETF's focus on floating rate bonds, which generally mitigate interest rate risk. The concerns mention tight credit spreads and the potential risks associated with high yield assets in a market downturn, suggesting that while the ETF can perform well in rising yield environments, careful consideration of credit risks is warranted. Overall, it is characterized as a steady performer amid uncertainties in broader market conditions.
We would be comfortable with ZFH. Floating rate bonds, of course, may see lower distributions if rates fall, but do offer protection in the opposite scenario. Indicated yield is 5.64% and one year return +8.48%. We would consider it a solid, fairly conservative ETF for income. Fees are 0.45%.
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Floating rate notes tend to do very well in general when yields are rising. No price change over the last 5 years, but you're earning about 5.5% right now. Doesn't love that credit spreads are really tight, and that this brings the risk of high yield. This fund won't protect you from widening credit spread in a hard landing, so you have more risk than you think.
Have a look at private mortgage companies and residential exposure -- better protection, diversification, and yield.
Floating rate gives you the resetability when interest rates change. It is a good way to mitigate the downside when interest rates change, although he does not see them changing over the next year or so. You are getting a lower return on this one as well. There are a lot of pros and cons – it depends on the investor’s situation.
BMO Floating Rate Hi Yield ETF is a Canadian stock, trading under the symbol ZFH-T on the Toronto Stock Exchange (ZFH-CT). It is usually referred to as TSX:ZFH or ZFH-T
In the last year, 7 stock analysts published opinions about ZFH-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Floating Rate Hi Yield ETF.
BMO Floating Rate Hi Yield ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO Floating Rate Hi Yield ETF.
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.
7 stock analysts on Stockchase covered BMO Floating Rate Hi Yield ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-02, BMO Floating Rate Hi Yield ETF (ZFH-T) stock closed at a price of $14.665.
We would be comfortable with ZFH. Floating rate bonds, of course, may see lower distributions if rates fall, but do offer protection in the opposite scenario. Indicated yield is 5.64% and one year return +8.48%. We would consider it a solid, fairly conservative ETF for income. Fees are 0.45%.
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