ducovest

ZFH:CA:TSX-BMO Floating Rate High Yield ETF (CAD)

ETF | Floating Rate Loans | Toronto Stock Exchange

Last Closing

CAD 15.05

Change

+0.01 (+0.07)%

Market Cap

CAD 0.30B

Volume

758.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to provide Unitholders with exposure to a diversified portfolio of debt securities of high yield bond issuers while mitigating the effects of interest rate fluctuations on BMO Floating Rate High Yield ETF. BMO Floating Rate High Yield ETF invests primarily in securities or specified derivatives that provide exposure to the credit risk of non-investment grade issuers, and Government of Canada T-Bills. To gain high yield credit exposure, BMO Floating Rate High Yield ETF may invest directly in debt securities, other ETFs, mutual funds or public investments and may utilize derivatives, such as credit default swaps (CDS), indices of CDS, interest rate swaps and other derivatives.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 10/02/2014

Primary Benchmark: BBgBarc VLI High Yield TR Hdg CAD

Primary Index: S&P/LSTA Leveraged Loan TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.43 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CBOE Cboe Global Markets Inc 3.99 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for Floating Rate Loans

Symbol Name Mer Price(Change) Market Cap
FSL:CA First Trust Senior Loan ETF (C.. 0.94 %

-0.08 (-0.47%)

 CAD 0.06B
MFT:CA Mackenzie Floating Rate Income.. 0.69 %

-0.01 (-0.06%)

 N/A

ETFs Containing ZFH:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Floating Rate Loans) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.79% 100% F 32% F
Dividend Return 7.52% 100% F 89% A-
Total Return 11.31% 100% F 40% F
Trailing 12 Months  
Capital Gain 3.15% 100% F 31% F
Dividend Return 8.19% 100% F 91% A-
Total Return 11.34% 100% F 39% F
Trailing 5 Years  
Capital Gain -4.93% 100% F 34% F
Dividend Return 26.25% 67% D+ 72% C
Total Return 21.33% 100% F 40% F
Average Annual (5 Year Horizon)  
Capital Gain 1.09% 100% F 36% F
Dividend Return 4.78% 100% F 45% F
Total Return 3.69% 100% F 82% B
Risk Return Profile  
Volatility (Standard Deviation) 6.71% 33% F 85% B
Risk Adjusted Return 71.25% 100% F 81% B-
Market Capitalization 0.30B 100% F 41% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.