Q: Could you explain exactly what these two ETFs invest in? On their respective websites it appears as if ZFH is largely in government bonds or treasuries of some type (the scary term CDS shows up here), while MFT refers to "bank loans". Both indicate low to moderate risk, while at the same time showing virtually all investments rated at BB or less - below investment grade.
How do these ETFs compare to ZHY or XHY in terms of safety of principle and dividend sustainability?
Thank-you
Q: I own ENF in my portfolio for the generous dividend. After what happen this morning with TC(big cut in the dividend) and TRP, just wandering if the same thing could happen with ENF and ENB. Seems that both TC and ENF operate the same way as drop down from the parent company. Many tnx.
Q: Hi Team,
Rogers Sugars stock is falling more than 10% today. I am following it as a possible defensive income stock to add to my portfolio ... Is it a good time to buy the stock?
What is your evaluation of the stock as of today and your explanations on the reasons behind today's big drop.
Q: In regards to Floating Rate High Yield ETF products such as ZFH and MFT is there one ETF product in this category that you would consider less risk than the others?
Q: A follow up to my question earlier today. I am assuming that the shorts are betting on the inability of the company to successfully cope with a higher churn rate. Do you agree? If not, why is the stock being shorted? What are your thoughts regarding the management team and the business model. Do you see tangible signs that the company is , and will be able to continue, coping with a higher churn rate?
Q: The yield on the shares is now north or 11%...often a sign that there are some serious concerns about the company.
Could you please summarize;
the key reasons the shares are performing so poorly.
the risks with continuing to hold the shares.
the catalysts that you anticipate will move the shares upward
Q: Lawrence Solomon's column in the Friday edition of the Financial Post clearly implies that solar and wind energy production in Germany is dying rapidly and he warns Canada about the dangers of this type of renewable power. May I please have your assessment of these sources of energy as they relate to Canada? What implications would this have for Brookfield renewable and Algonquin?
With appreciation,
Ed
Q: I hold ENF for income. I was thinking of switching to ENB for a better growth component now the yield gap has closed, but I read that funding of capex could become a problem for ENB. You recently said ENB was safer than ENF. I am wondering why since ENF has essentially no debt and no capex beyond funding the ENB dropdowns.
I own an Enbridge preferred share (ENB.PR.Y) which currently has a dividend rate of 5.285%. I am considering selling this preferred and buying the Enbridge common which has a current dividend rate of 7.055%. My motive for doing this is additional income and possibly higher capital gains in the future. I have no other investments in Enbridge and my stock allocation in pipelines can handle the change. I plan on purchasing a different company’s preferred share to make up for the loss of the Enbridge pref.
My questions are as follows:
1-From a safety of capital point of view, how much more risk do you think I will take on?
2-From a safety of income point of view, how much more risk do you think I will take on?
3-Do you see a downside to this move?