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 dileas48son Aug 17, 2022 4:06pm

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Post# 34903123

RE:RE:RE:RE:High yield

My perspective, is that when using portfolio visualizer (backtest) ENS quite significantly out-performs ENB on it's own. To me, that's the leverage and covered calls working, but also a result of the monthly compounding of distributions, as opposed to the quarterly dividend (I'm DRIPing it).

Kadiddelhopper wrote: I am new to ENS, so no track record just yet to judge by. Like all Splits, it merits a steady " Watch " IMO in conjunction with the goings-on s of its Mother Ship..... ENB...the ratio of values appears to be steady.... ENS seems to run @ 27.4 -27.6% of the share value on ENB.... Better experienced detail in the readings of other Contributors...

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