BMO Premium Yield ETF

ZPAY-T

Analysis and Opinions about ZPAY-T

Signal
Opinion
Expert
Chart
COMMENT
COMMENT
June 21, 2021
We saw a sharp weakness in the CAD so the dip was a currency based weakness. There is no longer term net exposure. There are more puts relative to covered calls right now. The under performance this year is the currency impact.
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We saw a sharp weakness in the CAD so the dip was a currency based weakness. There is no longer term net exposure. There are more puts relative to covered calls right now. The under performance this year is the currency impact.
BUY
BUY
June 14, 2021
The ETF that scans the Russell 1000 stocks and tries to find 50-100 that they want to own. Writes puts on these and earns the yield. When stocks fall to the levels, then owns and writes calls on them. Long on half the portfolio and on average writing puts on the other half. As markets go down, you get longer and buy more. As it goes up, it gets called away and sells some. Buys low and sells high with a targeted yield of 6%.
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The ETF that scans the Russell 1000 stocks and tries to find 50-100 that they want to own. Writes puts on these and earns the yield. When stocks fall to the levels, then owns and writes calls on them. Long on half the portfolio and on average writing puts on the other half. As markets go down, you get longer and buy more. As it goes up, it gets called away and sells some. Buys low and sells high with a targeted yield of 6%.
COMMENT
COMMENT
June 7, 2021

Would not suggest Put Write strategy (ZPH). Would prefer ZPAY for the US market. ZPH never owns the stocks whereas ZPAY wants to own the stock at better prices.

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Would not suggest Put Write strategy (ZPH). Would prefer ZPAY for the US market. ZPH never owns the stocks whereas ZPAY wants to own the stock at better prices.

COMMENT
COMMENT
May 10, 2021

ZPAY is a US based dollar holding. When CAD becomes strong, you lose money holding a US asset. The move down is largely the CAD trading higher.

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ZPAY is a US based dollar holding. When CAD becomes strong, you lose money holding a US asset. The move down is largely the CAD trading higher.

BUY
BUY
April 19, 2021
It is long with a covered call. They are writing put to generate yield. When markets pull back, you get longer. When markets go up, it gets called away. You get a yield in the 6% range.
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It is long with a covered call. They are writing put to generate yield. When markets pull back, you get longer. When markets go up, it gets called away. You get a yield in the 6% range.
COMMENT
COMMENT
April 12, 2021

ZZZD gives you exposure to global dividend payers, whereas ZPAY is only US markets. ZZZD has ZPAY in it for the US exposure. ZPAY gives a yield around 6% whereas ZZZD is designed to give 4%.

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ZZZD gives you exposure to global dividend payers, whereas ZPAY is only US markets. ZZZD has ZPAY in it for the US exposure. ZPAY gives a yield around 6% whereas ZZZD is designed to give 4%.

BUY
BUY
March 29, 2021
An active strategy where they buy US stocks that are attractive and do a covered call overlay. When they want to own the stock but the price is high, they write puts to take advantage of this side. Designed to target yield of around 6% with modest growth. Good for yield seekers.
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An active strategy where they buy US stocks that are attractive and do a covered call overlay. When they want to own the stock but the price is high, they write puts to take advantage of this side. Designed to target yield of around 6% with modest growth. Good for yield seekers.
WEAK BUY
WEAK BUY
March 15, 2021
It is US equity, naked puts and covered call writing. There is a good quantitative quality screening going on. It has had a flat performance and you are putting a lot of faith in the management, but that is valid. It's quite active but that is probably a good thing and has a place in a portfolio.
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It is US equity, naked puts and covered call writing. There is a good quantitative quality screening going on. It has had a flat performance and you are putting a lot of faith in the management, but that is valid. It's quite active but that is probably a good thing and has a place in a portfolio.
Mike Philbrick
Price
$30.015
Owned
Unknown
COMMENT
COMMENT
February 1, 2021

They write puts and buys good companies at lower prices and sells high. He would cycle out of ZPH and ZPW to ZPAY which generates a rate of around 6% but with a better strategy.

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They write puts and buys good companies at lower prices and sells high. He would cycle out of ZPH and ZPW to ZPAY which generates a rate of around 6% but with a better strategy.

COMMENT
COMMENT
January 25, 2021

ZPH and ZPW way to extract yield from the market without taking a lot of risk. They have been okay but not great. ZPAY is a better way to benefit from the same strategy.

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ZPH and ZPW way to extract yield from the market without taking a lot of risk. They have been okay but not great. ZPAY is a better way to benefit from the same strategy.

BUY
BUY
January 4, 2021
A way to buy equities that are over priced right now so there are puts written to buy under certain prices. There are also calls to generate yield. It generates a yield of around 6%. On average, there is half the risk of US markets. Favourite holding and biggest part of his yield based portfolio.
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A way to buy equities that are over priced right now so there are puts written to buy under certain prices. There are also calls to generate yield. It generates a yield of around 6%. On average, there is half the risk of US markets. Favourite holding and biggest part of his yield based portfolio.
BUY
BUY
November 9, 2020
The strategy is half long good quality stocks with covered call, and the other half is writing puts. Buy low, sell high. They are trying to generate 6% yield with half the volatility of the broader markets. Good for a retired income portfolio.
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The strategy is half long good quality stocks with covered call, and the other half is writing puts. Buy low, sell high. They are trying to generate 6% yield with half the volatility of the broader markets. Good for a retired income portfolio.
COMMENT
COMMENT
October 19, 2020
The caller was asking about tax exemption for this ETF. For the dividend withholding tax exemption, he cannot definitively say how it would be treated. The best way is to consult the BMO website and call to ask or to consult a financial advisor.
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The caller was asking about tax exemption for this ETF. For the dividend withholding tax exemption, he cannot definitively say how it would be treated. The best way is to consult the BMO website and call to ask or to consult a financial advisor.
BUY
BUY
October 2, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In a market decline, this ETF would probably decline less than average, if not hold up relatively well. The fund covers a mix of large, conservative US stocks and fixed income securities. Unlock Premium - Try 5i Free

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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. In a market decline, this ETF would probably decline less than average, if not hold up relatively well. The fund covers a mix of large, conservative US stocks and fixed income securities. Unlock Premium - Try 5i Free

BUY
BUY
August 21, 2020
Half exposure on average with long positions with covered calls, and half with puts. Any given month that goes down, it could go longer. The range follows the markets.
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Half exposure on average with long positions with covered calls, and half with puts. Any given month that goes down, it could go longer. The range follows the markets.
Showing 1 to 15 of 20 entries

BMO Premium Yield ETF(ZPAY-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 11

Stockchase rating for BMO Premium Yield 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 Premium Yield ETF(ZPAY-T) Frequently Asked Questions

What is BMO Premium Yield ETF stock symbol?

BMO Premium Yield ETF is a Canadian stock, trading under the symbol ZPAY-T on the Toronto Stock Exchange (ZPAY-CT). It is usually referred to as TSX:ZPAY or ZPAY-T

Is BMO Premium Yield ETF a buy or a sell?

In the last year, 11 stock analysts published opinions about ZPAY-T. 10 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 Premium Yield ETF.

Is BMO Premium Yield ETF a good investment or a top pick?

BMO Premium Yield ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO Premium Yield ETF.

Why is BMO Premium Yield 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 Premium Yield ETF worth watching?

11 stock analysts on Stockchase covered BMO Premium Yield ETF In the last year. It is a trending stock that is worth watching.

What is BMO Premium Yield ETF stock price?

On 2021-06-22, BMO Premium Yield ETF (ZPAY-T) stock closed at a price of $30.34.