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.

TSX:ENS - Post by User

E Split Corp > Premium keeps dropping as ENS isn't following ENB up

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Comment by Obscure1on Jan 09, 2024 12:43am

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Post# 35816793

RE:RE:Premium keeps dropping as ENS isn't following ENB up

The NAV at the end of trading was $11.75 which puts the Premium at just over 3%

My Live NAV calculation can always be plus or minus $0.01 due to rounding but most days it is bang on the actual number posted by Middlefield around 11:00 am the following day.

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