BMO Floating Rate High Yield ETF (TSX: ZFH)
Canada
· Delayed Price · Currency is CAD | Assets | 118.82M |
| Expense Ratio | 0.48% |
| PE Ratio | n/a |
| Dividend (ttm) | 1.24 |
| Dividend Yield | 8.41% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| 1-Year Return | +3.66% |
| Volume | 9,404 |
| Open | 14.73 |
| Previous Close | 14.68 |
| Day's Range | n/a |
| 52-Week Low | 13.75 |
| 52-Week High | 14.94 |
| Beta | -0.32 |
| Holdings | 8 |
| Inception Date | Feb 10, 2014 |
About ZFH
The fund actively manages a portfolio of Canadian government short-term bonds to minimize interest rate and currency risk while holding credit default swaps (CDS) to enhance yields. The CDS provide exposure to a diversified basket of US high yield or non-investment grade issuers. The CDS is believed to benefit the fund by having a central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight. ZFH may invest in the following securities to achieve its objectives: other ETFs, mutual funds or other investment funds and derivatives, such as, indices of CDS, and interest rate swaps.
Performance
ZFH had a total return of 9.12% in the past year. Since the fund's inception, the average annual return has been -0.19%, including dividends.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | 0.100 CAD | Jul 3, 2024 |
| May 30, 2024 | 0.100 CAD | Jun 4, 2024 |
| Apr 26, 2024 | 0.100 CAD | May 2, 2024 |
| Mar 27, 2024 | 0.100 CAD | Apr 2, 2024 |
| Feb 27, 2024 | 0.105 CAD | Mar 4, 2024 |
| Jan 29, 2024 | 0.105 CAD | Feb 2, 2024 |