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.

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E Split Corp > ENS goes from scary to a bargoon in two days

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Comment by cttglvron Apr 19, 2024 7:47pm

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Post# 35999106

RE:ENS goes from scary to a bargoon in two days

I was very surprised at the ENS stading today but like you said...many holders don't know what they own. When I saw the premium drop so much today with ENB up over a buck, even though I'm overweight ENS I bought another 1K shares at $11.13. I'm still surprised (although I shouldn't be by now) at the disparity between ENS and ENB trading. I would think ENS will trade up somewhat as we get closer to ex-dividend day at the end of the month.

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