Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.P.A

Alternate Symbol(s):  ENDTF | T.EIT.P.B | T.EIT.UN

Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.

TSX:EIT.P.A - Post Discussion

View:
Post by leo101 on Dec 29, 2021 11:54am

special distribution

in the past i owned a lot of this when it was trading well under the net asset value but sold most when the discount disappeared and only kept a few thousand shares as a souvenier.  it was fun submitting my shares for redemption each year, only a small percent were redeemed but it was an easy 10 percent profit and gave me something to look forward to when the results of redemption were announced.

there has always been a large amount of return of capital in the tax statement and i'm sure the figure will be in excess of 44 cents this year so all the hysterics on this board are probably much ado about nothing. the management fees were lowered several years ago and now they are in line with an actively managed etf so it's a good option to etfs.  i've held it so long that  all the return of capital over the years has made my adjusted cost base is very low and that Ahole trudeau would get a good chunk of any proceeds if i sold out the remainder of my shares.
Comment by GassXX on Dec 29, 2021 1:42pm
Leo makes some excellent points
Comment by SusanBolland on Jan 14, 2022 1:09pm
Comment by Bubba359 on Dec 29, 2021 2:34pm
Doesn't the board just love the 9 that Leo got for that post. One of the all time biggest cheat frauds on SH had over 11000 likes removed , why just over the top in BS likes for posting about booster shots , hockey and the CFL. The idiot a professed user of JTs legalization posted his beta day before the Grey Cup. The team he bet on , wasn't even playing. Hello Leo trying to get that 11000 ...more  
Comment by GassXX on Dec 29, 2021 2:42pm
no one cares
Comment by Larrymartin77 on Jan 14, 2022 1:33pm
Comment by Jtpatrol1 on Feb 01, 2022 4:36pm
Comment by Joe455 on Dec 29, 2021 4:45pm
Trevor, you don't like stockhouse and stockhouse doesn't like you so  please do everyone a favor and piss off.
Comment by GassXX on Jun 28, 2022 3:28pm
Comment by Karren411 on Dec 29, 2021 2:44pm
Leo makes some excellent points, thumbs up
Comment by Scarlada1 on Jan 03, 2022 2:21pm
This post has been removed in accordance with Community Policy
Comment by SusanBolland on Jan 09, 2022 6:36am
Comment by SusanBolland on Jan 15, 2022 4:44pm
Leo makes some great points
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities