BMO ESG HIGH YLD US CORP BD IDX ETF HEDGED UNITBMO ESG HIGH YLD US CORP BD IDX ETF HEDGED UNITBMO ESG HIGH YLD US CORP BD IDX ETF HEDGED UNIT

BMO ESG HIGH YLD US CORP BD IDX ETF HEDGED UNIT

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Key stats


Assets under management (AUM)
‪4.48 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
4.53%
Discount/Premium to NAV
0.7%

About BMO ESG HIGH YLD US CORP BD IDX ETF HEDGED UNIT


Issuer
Bank of Montreal
Brand
BMO
Expense ratio
0.49%
Home page
Inception date
Feb 12, 2021
Index tracked
Bloomberg Barclays MSCI US High Yield Liquid Corporate Sustainability SRI Index - Benchmark TR Net
Management style
Passive
The fund tracks an index that invests in US high yield, corporate bonds that have higher ESG ratings(based on MSCI ESG ratings) relative to their peers, and a term to maturity greater than one year. It excludes companies that earn a significant portion of revenues from tobacco, adult entertainment, alcohol, gambling, conventional weapons and civilian firearms, any controversial weapons, significant generation of nuclear power, unconventional oil and gas, and other controversial companies. These bonds must also have a credit rating of BB or higher. Eligible securities are then market-value-weighted within the portfolio and rebalanced on a monthly basis.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
ESG
Weighting scheme
Market value
Selection criteria
Principles-based

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 12, 2024
Exposure type
StocksBonds, Cash & Other
Corporate
Stocks0.42%
Electronic Technology0.40%
Technology Services0.02%
Bonds, Cash & Other99.58%
Corporate98.63%
Cash0.95%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows