BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY) Stock Price, News & Analysis

Company Overview

The ETF seeks to replicate, to the extent possible, the performance of a broad U.S. high yield corporate bond market index, net of expenses. Currently, the ETF seeks to replicate the performance of the Bloomberg Barclays U.S. High Yield Very Liquid Index CAD Hedged (the Index). The investment strategy of the ETF is to obtain exposure to the performance of the Index by investing in assets such as ETFs, mutual funds or other investment funds, American depositary receipts or derivative instruments. The ETF primarily invests in BMO High Yield US Corporate Bond Index ETF and uses derivative instruments to hedge back to the Canadian dollar. As an alternative to or in conjunction with this investment strategy, the ETF may invest in and hold the constituent securities of the Index. The Manager may also use a sampling methodology in selecting investments for the ETF to obtain exposure to the performance of the Index.

Key Stats

• Today's Range: C$10.97 to C$11.00
• 50-Day Range: C$10.76 to C$11.19
• 52-Week Range: C$10.76 to C$11.36
• Volume: 9,545 shs
• Average Volume: 40,253 shs
• Market Capitalization: C$1.46 billion
• P/E Ratio: N/A
• Dividend Yield: 6.55%
• Price Target: N/A
• Consensus Rating: N/A

ZHY Stock Analysis - Frequently Asked Questions

How have ZHY shares performed this year?

BMO High Yield US Corporate Bond Hedged to CAD Index ETF's stock was trading at C$11.16 at the start of the year. Since then, ZHY shares have decreased by 1.4% and is now trading at C$11.00.

How do I buy shares of BMO High Yield US Corporate Bond Hedged to CAD Index ETF?

Shares of ZHY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of BMO High Yield US Corporate Bond Hedged to CAD Index ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BMO High Yield US Corporate Bond Hedged to CAD Index ETF investors own include Vanguard U.S. Total Market Index ETF (VUN), NorthWest Health Prop Real Est Inv Trust (NWH.UN), Timbercreek Financial (TF), AirBoss of America (BOS), BCE (BCE), AltaGas (ALA) and Freehold Royalties (FRU).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: TSE:ZHY
• CIK: N/A
• Web: N/A
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 133,101,000
• Free Float: N/A
• Market Cap: C$1.46 billion
• Optionable: Not Optionable
• Beta: 0.23