This summary was created by AI, based on 1 opinions in the last 12 months.
Experts consider BMO MID U.S. IG BOND (ZMU-T) to be a safe option for investors seeking yield, especially given the current environment of falling interest rates. It is highly regarded as a very safe investment, making it suitable for long-term investors. The stock has also shown a 2% increase since it was recommended on January 9th, 2023, indicating a positive performance. Overall, it is seen as a stable and favorable choice for investors.
Zero risk asset meant to take advantage of higher interest rates.
Would hold for low risk investors.
It is RRSP season and this fits well there. Nice substitute for Canadian Corporate Bonds. It is US investment grade. MER is 0.28% He likes it because it is far more spread over sectors compared to Canadian indexes. This is hedged. Yield is a little over 3%.
BMO MID U.S. IG BOND is a Canadian stock, trading under the symbol ZMU-T on the Toronto Stock Exchange (ZMU-CT). It is usually referred to as TSX:ZMU or ZMU-T
In the last year, 1 stock analyst published opinions about ZMU-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 MID U.S. IG BOND.
BMO MID U.S. IG BOND was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO MID U.S. IG BOND.
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 MID U.S. IG BOND In the last year. It is a trending stock that is worth watching.
On 2024-12-13, BMO MID U.S. IG BOND (ZMU-T) stock closed at a price of $12.69.
Safe option for investors looking for yield. Good to own going forward given falling interest rates. Very safe, and good for long term investors.