This summary was created by AI, based on 1 opinions in the last 12 months.
BMO Floating Rate Hi Yield ETF (ZFH-T) utilizes a derivative structure to provide pure credit exposure, which can appeal to investors seeking higher yield opportunities in a potentially challenging credit environment. The experts note that while credit spreads are currently tight, this strategy effectively mitigates interest rate risk, a crucial consideration in today’s fluctuating market conditions. This ETF appears to navigate the complexities of credit risk while maintaining exposure to appealing high-yield segments. Investors should remain cautious, however, as tight credit spreads could impact potential returns. The combination of these elements suggests a nuanced investment outlook for ZFH-T, balancing risk against expected reward.
Not a good option if we head into recession. Would not recommend buying. Not a good defensive name. Products are too complex for average investor.
4.9% yield. Holds exposure to a high yield index so you get a high yield return. There are risks. It is very similar to the volatility of the market.
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.
Floating rate high yield. Chart is almost flat. You are waiting for central banks. You will wait for another year. It is dead money for a while.
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, 1 stock analyst published opinions about ZFH-T. 1 analyst 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 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.
1 stock analyst on Stockchase covered BMO Floating Rate Hi Yield ETF In the last year. It is a trending stock that is worth watching.
On 2025-02-18, BMO Floating Rate Hi Yield ETF (ZFH-T) stock closed at a price of $15.13.
They use a derivative structure to get pure credit exposure, but credit spreads are tight. However, it mitigates the interest rate risk.