E Split Corp T.ENS

Alternate Symbol(s): ENSPF | T.ENS.PR.A

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.

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E Split Corp > ENS's Premium to NAV Reaches 9.6%

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Comment by BlueGuitar1on Oct 29, 2021 8:38pm

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RE:ENS's Premium to NAV Reaches 9.6%

PileOfShit wrote: Oct 28: ENS has 9.6% premium to prior day's NAV. ENB is up only 0.1% today, so I don't expect a big change to ENS's NAV today. ENS usually has 7% premium to NAV. The last overnight offering completed on Aug 11.

@PileOfShit- Do you think that with this 9.6% premium, another overnight offering is being planned soon? It could be, imo.

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