BMO Mid Corporate Bond Index ETF (TSX: ZCM)
Canada
· Delayed Price · Currency is CAD | Assets | 496.22M |
| Expense Ratio | 0.33% |
| PE Ratio | n/a |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 4.03% |
| Ex-Dividend Date | Apr 26, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +1.16% |
| Volume | 1,408 |
| Open | 14.87 |
| Previous Close | 14.89 |
| Day's Range | 14.87 - 14.88 |
| 52-Week Low | 13.77 |
| 52-Week High | 15.12 |
| Beta | 1.15 |
| Holdings | 214 |
| Inception Date | Jan 19, 2010 |
About ZCM
The fund invests in CAD-denominated corporate bonds issued in Canada. The corporate sector is divided into sub-sectors: financial, communication, industrial, energy, infrastructure, real estate and securitization. The fund tracks a market-value-weighted index of investment grade bonds with maturities between 5-10 years. The index is rebalanced daily and holds semi-annual pay fixed rate bonds with credit rating of BBB or higher. ZCM aims to hold securities in parallel proportions as they are reflected in the index. The Manager may also use a sampling methodology, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics.
Performance
ZCM had a total return of 1.16% in the past year. Since the fund's inception, the average annual return has been -0.11%, including dividends.
Dividend History
| Ex-Dividend | Amount |
|---|---|
| Apr 26, 2024 | 0.050 CAD |
| Mar 27, 2024 | 0.050 CAD |
| Feb 27, 2024 | 0.050 CAD |
| Jan 29, 2024 | 0.050 CAD |
| Dec 27, 2023 | 0.050 CAD |
| Nov 28, 2023 | 0.050 CAD |