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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

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

Comment by EdPaquetteon Jan 14, 2022 4:57pm
250 Views
Post# 34318966

RE:special distribution question?

RE:special distribution question? Most useless dividend i ever heard of.  Load of b.s.
greenland wrote: I emailed the company and that was the response! 

Thank you for your email.

 

The special distribution is paid as a notional distribution.  You will not see an increase in your units or cash.  You will see an increase in the average cost of your units once your broker processes the information and the distribution.   This may take a few weeks before you will see the increase.

 

Regards

 



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