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Bullboard - Stock Discussion Forum Mulvihill Canadian Bank Enhanced Yield ETF T.CBNK

The Fund seeks to provide unitholders with long-term capital appreciation. The Fund through exposure to a portfolio consisting primarily of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and The Toronto-Dominion Bank collectively, the Banks and monthly cash distributions. To accomplish its objectives,... see more

Bullboard (TSX:CBNK)

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  • ANALOG GUYX
Comment by ANALOG GUYon Jan 26, 2023 1:25pm

RE:Calling all income seekers

Now owning 20,000 shares at $7.80 average  9% yield  going to own these forever  if you want a "sleep at night " ETF with monthly income and tax efficiency this should be ...more  
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  • ANALOG GUYX
Post by ANALOG GUYon Dec 13, 2022 5:23pm

Calling all income seekers

ETF holds big 6 Canadian banks covered call with 25% leverage 9% dividend plus the dividend tax credit for tax efficiency :)