This summary was created by AI, based on 4 opinions in the last 12 months.
The BMO Floating Rate Hi Yield ETF (ZFH-T) has received mixed reviews from experts regarding its risk profile and performance. While one expert believes it has an unjustifiably high-risk rating, pointing out its low standard deviation and pure credit play nature, others express concerns about the asset value declining despite steady distribution yields. The fund's performance tends to benefit from rising yield environments, with a current earning rate of approximately 5.5%. However, there are warnings about the tight credit spreads, indicating potential risks, especially during economic downturns. Experts suggest that while the fund mitigates interest rate risk, investors should consider alternatives such as private mortgage companies for better diversification and yield protection.
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. 1 analyst 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 2025-04-01, BMO Floating Rate Hi Yield ETF (ZFH-T) stock closed at a price of $14.62.
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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