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XMM

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    31.3181$
  • Previous Close
    31.3181$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XMM.TO refers to the BMO Mid-Term US IG Corporate Bond Index ETF. It's a passively managed exchange-traded fund that seeks to replicate the performance of a U.S. investment-grade corporate bond index with maturities generally in the 5 to 10-year range. The ETF is listed on the Toronto Stock Exchange (TSX).
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Factors

The format should be strictly adhered to. Index Performance: XMM.TO's price heavily relies on the Solactive US Equity Select Monthly Covered Call Index's performance.

Covered Call Premiums: Premiums earned from selling covered calls influence XMM.TO's yield and, consequently, its price.

USD/CAD Exchange Rate: As the underlying index holds US equities, the USD/CAD exchange rate impacts XMM.TO's value when converted to CAD.

Market Sentiment: Overall investor confidence and risk appetite towards US equities affect demand for XMM.TO.

Interest Rates: Changes in interest rates can influence the attractiveness of dividend-paying ETFs like XMM.TO, impacting demand.

ETF Supply and Demand: The balance between buying and selling pressure on XMM.TO shares directly affects its market price.

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