Q: Hello,
Thoughts on ZFH. Thanks
Dave
Thoughts on ZFH. Thanks
Dave
5i Research Answer:
ZFH is a floating rate high yield ETF. Indicated yield is 6.37%, and five year annualized return 5.06%. One-year is 11.88%. It owns mostly government securities and has performed reasonably well, better than many inflation linked ETFs which sis not benefit from yield curve shifts in 2022 and 2023. We would consider it a decent fund for income and some protection against rising rates.