Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

BMO Premium Yield ETF (ZPAY-T) is a good option for investors looking for a defensive strategy with high-quality US stocks that pay yields. It holds classics like Nvidia and Alphabet, along with T-bills, and utilizes an option overlay for tax-efficient cash flow. However, some experts caution about the high price of the stock at the moment and suggest trimming exposure to consumer and tech stocks.

Consensus
Good
Valuation
Fair Value
BUY
Funding an upcoming US vacation.

In USD, and you can buy it in your taxable USD account. Focuses on some of the biggest and best companies in the US. Tax-efficient. Better than withdrawing from your RRSP. Yield is ~6%.

E.T.F.'s
BUY

Packaged ZPH and covered call together. He'd buy this instead of ZPH alone. 

E.T.F.'s
BUY

Great dividend in US dollars. Conservative equity exposure with great defensive position. Would recommend buying, especially for Canadian snowbirds in USA. 

E.T.F.'s
BUY

Fees generated from fund option writing is on account of capital. Good option for investors. 

E.T.F.'s
BUY

Good defensive strategy. With economy poised for correction, good option for investors. 

E.T.F.'s
BUY

Holds high-quality US stocks that pay yields, stocks that Warren Buffett would hold. Add an option overlay which generates tax-efficient cash flow. Yield is 6.35% and MER 0.37%. Holds classics like Nvidia and Alphabet and T-bills. It also sells puts which can be good or bad. Overall, this is good if you want yield and quality US stocks.

E.T.F.'s
SELL ON STRENGTH

Broad exposure to consumer and tech stocks.
Trimming exposure right now.
Better places to invest - pipelines and telco's.
High price at the moment.

E.T.F.'s
WAIT
Uses a combination of options and puts on a combination portfolio of treasuries and stocks to achieve a yield from writing both puts and calls. Distribution of 6% or more is significantly higher than what you can get in the bond market. Invented when interest rates were around 0%. The risk is equity-like, so you need a sophisticated understanding of how it works. Best time to buy is when bond yields are very low. More tax-efficient than straight income from a bond portfolio, but consult a tax advisor.
E.T.F.'s
BUY
A strategy that writes puts on stocks they want to own at lower prices and extracts yield. When they own a stock, they write a call long term. This produces around 6% yield.
E.T.F.'s
BUY
There will be volatility of equities and currencies will move up and down. If you don't like the currency side, then you can get ZPAYF which is hedged. He still likes ZPAY. Markets will be volatile for the next couple years and this will be a good way to play it.
E.T.F.'s
PARTIAL BUY
Exposure to US large cap stocks. Uses it in yield strategies. Could be a good time to add it here. There could be more downside to equities though. You could buy here though. You also buy USD when buying ZPAY.
E.T.F.'s
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has largely traded sideways while offering a yield around 6%. A good choice for investors seeking yield, not capital appreciation. The ETF combines a puts and calls strategy on US large-cap companies. More upside exposure due to more puts than calls. Unlock Premium - Try 5i Free

E.T.F.'s
BUY ON WEAKNESS
They only write the covered calls on half the position, so you get more upside exposure than pure covered calls. For a more conservative play, ZWB has a covered call strategy on banks. Nothing is risk free however. Does not think there will be a big recession.
E.T.F.'s
COMMENT
It is a buy low, sell high strategy. The target is 6%. Good for yield seekers who do not want to take risk and see volatility. The yield is sustainable.
E.T.F.'s
COMMENT
Could probably buy 2-4% from today. ZPAY, you can buy any time. It should have half the volatility of the market. The lower the markets get, the longer you get. The buy low and sell high strategy with 6% yield.
E.T.F.'s
Showing 1 to 15 of 41 entries

BMO Premium Yield ETF(ZPAY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 5

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, 5 stock analysts published opinions about ZPAY-T. 5 analysts 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 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?

5 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 2024-11-04, BMO Premium Yield ETF (ZPAY-T) stock closed at a price of $32.16.