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 > Putting the discount to the NAV into perspective

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Comment by Ganyman61on Aug 18, 2024 8:27am

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Post# 36184759

RE:RE:RE:RE:RE:RE:Putting the discount to the NAV into perspective

I understand that a stock like ENS is leveraged to one stock ENB that if things go bad for Enbridge it will go bad for ENS but Enbridge has gone from the mid 40$ to 53$ and ENS has been basically stuck in the mud and from what I understand that if interest rates go down it will only benefit Enbridge more and hence the share will go up. It's time ENS plays some catch up to least NAV. No one should put all there eggs in one basket being diversified is the way to go.

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