Zions Bancorporation, National Association

Frequently Asked Questions About ZION

What does ZION invest in?

Headquartered in Salt Lake City, Utah, Zions Bancorporation, National Association is a long-standing financial institution, founded in 1873. Operating primarily across the western United States, it delivers a comprehensive suite of banking and financial services throughout Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company's diverse offerings encompass corporate banking, commercial banking (with a particular emphasis on small and medium-sized businesses), and commercial real estate financing. It also extends municipal and public finance services, retail banking (including residential mortgages), trust services, wealth management and private client banking, and capital markets products. As of December 31, 2020, Zions Bancorporation maintained a network of 422 branches, consisting of 273 owned and 149 leased locations. The institution, initially known as ZB, National Association, officially adopted its current name, Zions Bancorporation, National Association, in September 2018.

What is the expense ratio of ZION?

An expense ratio for Zions Bancorporation, National Association (ZION) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is ZION's dividend yield?

ZION's trailing-twelve-month yield is 2.60%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ZION?

Effective duration measures ZION's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ZION's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ZION?

ZION's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ZION?

Yield to maturity (YTM) is the total return you'd earn from ZION if every bond in the portfolio is held to maturity at the current price. ZION's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.