RE:GLTALongs. Burn the shorts. 9:46AM ET on Monday Dec 20,I'll bite... How does a company that invests solely in ENB common shares have a higher yield than the underlying ENB shares? Does it issue debt or shares to cover the shortfall? What wonderful magic... not.
>>>The class A shares were offered at $15 apiece to yield 10.4%...E Split invests in common shares of Enbridge Inc. (ENB.TO)