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BMO Ultra Short-Term Bond ETF (ZST)
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BMO High Yield US Corporate Bond Index ETF (ZJK)
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NBI High Yield Bond ETF (NHYB)
Q: Good Morning
I would like to invest some of the proceeds from a recent sale in my RIFF into a bond etf I would like a dividend in the 5% range that would also provide some room for growth.
could you provide 2 bond etf that would meet that criteria
Thks
Marcel
I would like to invest some of the proceeds from a recent sale in my RIFF into a bond etf I would like a dividend in the 5% range that would also provide some room for growth.
could you provide 2 bond etf that would meet that criteria
Thks
Marcel
5i Research Answer:
We ran a screen on exclusively bond ETF indicated yields, and +5% yields were fairly rare right now. Also, indicated yields can of course change with interest rates and market conditions. ZJK is one option (6.05%). NHYB another (5.91%). ZST is a short term bond fund at 5.15% but we would expect this to decline.