Related posts

Air Canada, Couche-Tard & More at 52-week Highs and Lows (Feb 6-12)
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The BMO High Yield US Corporate Bond Index ETF (ZJK-T) has garnered some critical insights from experts. One major point raised is that the ETF has a fixed distribution, which raises concerns as it implies that the fund may be returning capital to maintain its payouts. This can indicate potential instability or sustainability issues in the long run. An expert suggested that for those interested in this space, exploring alternatives like MFT may be more prudent. Overall, while the ETF provides certain benefits, the reliance on capital return casts a shadow on its efficiency and reliability as an investment vehicle.

Consensus
Negative
Valuation
Overvalued
Similar
MFT, MFT
RISKY

Have seen an expansion in the spreads, which means the credit risk has caused the bonds to deteriorate in price. Second-largest high-yield ETF in Canada. MER is 61 bps. Acts more like equity because of the types of companies that tend to issue high-yield debt, but it has more yield too. While it is riskier, you have a better entry point here.

Unspecified

It has a fixed distribution and is making up some of that by returning capital. He would stick with MFT in the same space.

DON'T BUY
ZJK-T vs. ZHY-T. High yield is a sexy name for junk bonds. They are the worst quality bonds. In a downturn these companies will not be able to pay back their bond holders first. If equities fall 20%, high yield bonds fall 13%. There is more risk for a portfolio.
Showing 1 to 3 of 3 entries
  • «
  • 1
  • »

BMO High Yield US Corporate Bond Index ETF(ZJK-T) Rating

Ranking : 3 out of 5

Star iconStar iconStar iconStar empty iconStar empty icon

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for BMO High Yield US Corporate Bond Index ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BMO High Yield US Corporate Bond Index ETF(ZJK-T) Frequently Asked Questions

What is BMO High Yield US Corporate Bond Index ETF stock symbol?

BMO High Yield US Corporate Bond Index ETF is a Canadian stock, trading under the symbol ZJK-T on the Toronto Stock Exchange (ZJK-CT). It is usually referred to as TSX:ZJK or ZJK-T

Is BMO High Yield US Corporate Bond Index ETF a buy or a sell?

In the last year, 3 stock analysts published opinions about ZJK-T. 1 analyst 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 High Yield US Corporate Bond Index ETF.

Is BMO High Yield US Corporate Bond Index ETF a good investment or a top pick?

BMO High Yield US Corporate Bond Index ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO High Yield US Corporate Bond Index ETF.

Why is BMO High Yield US Corporate Bond Index 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 High Yield US Corporate Bond Index ETF worth watching?

3 stock analysts on Stockchase covered BMO High Yield US Corporate Bond Index ETF In the last year. It is a trending stock that is worth watching.

What is BMO High Yield US Corporate Bond Index ETF stock price?

On 2025-04-11, BMO High Yield US Corporate Bond Index ETF (ZJK-T) stock closed at a price of $18.11.