E Split Corp ENSPF

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

TSX:ENS - Post by User

E Split Corp > High yield

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Comment by Kadiddelhopperon Jul 11, 2022 4:34pm

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Post# 34816246

RE:High yield

Not so much in the case of Oil/Gas Splits, esp. in a strong Oil/Gas sector as is presently the case. Skill with Covered Call writing by Middlefield Securities works well.... and they are a lot better at Options Clls than I could ever hope to be. Not in ENS so much for the Dividend Yield as the Capital Gains afforded by the fluctuations of the ENB stock, from which ENS is derived.... but at a price I can afford...

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