Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.PR.A

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

Financial Services Asset Management

Canoe EIT Income Fund (the Fund) is a Canada-based closed-end investment trust. The investment objectives of Fund are to maximize monthly distributions relative to risk and maximize net asset value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the manager may determine in its sole discretion from time to time. Canoe Financial LP is the manager and portfolio manager of the Fund.

TSX:EIT.PR.A - Post by User

Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 > Eit trading at a Discount - 30 to 40 cents.

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Comment by flamingogoldon Nov 15, 2020 7:48pm

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Post# 31904164

RE:RE:RE:RE:Eit trading at a Discount - 30 to 40 cents.

Ed, EIT pays monthly just like SBC but with more diversification. Trades at NAV or slightly less.

EdPaquette wrote:

My mistake, I had this mixed up with PIC.a Gord_Alberta wrote:
Which is perfect; my dividends are buying more shares as I type. Since I have the monthly dividends automatically reinvested in more shares... ;-)

Other than guessing / gambling on individual stocks - this is much better than most mutual funds.

slst wrote: Net Asset Value popped up yesterday and some more today.

Eit moved up at a much slower pace, now trades a discount to NAV.