E Split Corp T.ENS.PR.A

Primary Symbol: T.ENS Alternate Symbol(s): ENSRF

The objective of the Class A shares is to provide holders with non-cumulative monthly cash distributions and the opportunity for capital appreciation through exposure to the portfolio. And The investment objectives for the preferred shares is to provide holders with fixed cumulative preferential quarterly cash distributions and return the original issue price of 10.00 Dollars to holders upon maturity. The Company has a portfolio comprised primarily of common shares of Enbridge Inc. Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company the Enbridge Common Shares or the Portfolio and intends to purchase Enbridge Common Shares from time to time in the market or through participation in future public offerings by Enbridge. The Advisor believes that the Company offers investors an opportunity to gain exposure to Enbridge, one of the worlds largest energy infrastructure companies.

TSX:ENS - Post by User

E Split Corp > ENS Summary

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Comment by oldbrit34on Oct 05, 2023 6:04pm

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RE:ENS Summary

Thanks O1 for the info. and assesment of ENS. Just to let you know you are not a " lone voice crying in the wilderness" as this split came up on my radar for the first time . With a really good NAV, small premium and 15% divvy its looking very attractive even though there is only one stock involved. Enbridge always comes back and pays off for the patient people.

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